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☆ Monet painting to go on sale at Paris auction for first time in decades
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

A Drouot employee poses with the painting "Les Saules, Giverny, 1886" (The Willows, Giverny), by painter Claude Monet (1840-1926) ahead of its auction at Drouot auction house in Paris, France, November 3, 2023. The landscape "Les Saules, Giverny" ("The Willows, Giverny"), dating from 1886, is reappearing on the French art market, where Monet’s paintings have become increasingly rare. "Paintings of Claude Monet of this scale, of this dimension no longer really exist among French families. Though not as famous as Monet's water lilies or the Gare Saint Lazare paintings, which can command prices reaching 100 million euros, "Les Saules, Giverny" bears the artist's trademark style. "It's an oeuvre typical of Claude Monet, notably by the brush strokes and how he makes the light come out," Nordmann said.

Persons: Claude Monet, Abdul Saboor, Ader, They're, David Nordmann, Les, Nordmann, Monet, Mary Cassatt, Clotaire Achi, Michaela Cabrera, Dominique Vidalon, Bill Berkrot Organizations: REUTERS, Rights, Reuters, Saint Lazare, Thomson Locations: Giverny, Paris, France, Nice, American

☆ Climate tech is like catnip to investors. Here's why the $13 billion sector is outperforming other industries.
▼ + stars: | 2023-11-02 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +7 min

Europe's startup ecosystem has been battered this year but climate tech founders have managed to avoid the brunt of the immense downturn so far. PwC's global analysis of the sector also points to climate tech outperforming the norm, accounting for a tenth of private market investments in 2023. Venture capital investment into European startups more broadly is primed to slump by around 46% to 58.1 billion euros in 2023. These obligations have helped make climate tech startups "catnip to investors," Sustainable Ventures' Stuart Ferguson said. Last year, European companies like electric vehicle manufacturer Polestar and batter-maker Northvolt raised 1.6 billion euros and 1 billion euros respectively.

Persons: They've, Stuart Ferguson, Fabian Heilemann, Heilemann, Biden's, Warner, Namratha, Mark Bula, Northvolt, Lisa Barclay, Ferguson, Aenu's Organizations: Steel, Venture, Sustainable Ventures, Warner, Ada Ventures, Elyos Energy, Green Steel, Nesta, Investments Locations: Swedish, British, Norwegian, London, Norway

☆ The planet is heating up faster than predicted, says scientist who sounded climate alarm in the 1980s
▼ + stars: | 2023-11-02 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

Some other scientists, however, have cast doubt on the paper’s conclusions that climate change is accelerating faster than models predict. Hansen, a director at the Earth Institute at Columbia University, is a renowned climate scientist whose 1988 testimony to the US Senate first brought global attention to climate change. US scientist James Hansen, pictured in 2013, is credited as the first to publicly raise the alarm about climate change in the 1980s. But while science is clear that the rate of global warming is increasing, the idea that it is accelerating beyond what models predict is controversial. The findings “are very much out of the mainstream,” said Michael Mann, a leading climate scientist at the University of Pennsylvania.

Persons: James Hansen —, Hansen, James Hansen, CARL DE SOUZA, geoengineering, ”, Michael Mann, ” Mann Organizations: CNN, Earth Institute, Columbia University, Senate, Getty, University of Pennsylvania Locations: China

☆ Bank of England set to hold rates again, but markets see no cuts on the horizon
▼ + stars: | 2023-11-01 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. "U.K. economic activity appears to have slowed further, the housing market is weaker, consumer spending is falling, and inflationary pressure is showing further signs of dissipating. U.K. inflation came in at 6.7% in September , unchanged from the previous month and considerably higher than in other G7 economies. "The only way that we can rationalise this is if U.K. inflation remains stuck at 3% or higher forever, and/or the U.K. economy avoids a meaningful recession," he said. The European Central Bank last week held rates steady at their current record high of 4%, ending a run of 10 straight hikes.

Persons: Mike Riddell, BoE, Swati Dhingra, Riddell, Abbas Khan, Haskel, Mann, Dhingra, Catherine Mann, Allianz's Riddell Organizations: Bank of England, Allianz Global Investors, P, MPC, Bank, Monetary, LONDON, Barclays, U.S . Federal, Treasury, European Central Bank Locations: City, London, Britain, Israel

☆ Qatar: How a small Arab state became indispensable in talks with Hamas
▼ + stars: | 2023-11-01 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

But some have said that Qatar’s relationship with Hamas may become a liability. “(Qatar’s) relationship with Hamas has been a key component of the mediation strategy,” said Andreas Krieg, an associate professor at King’s College London who focuses on Gulf states. What is the nature of Qatar’s relationship with Hamas? That relationship has made Qatar an important mediator with Hamas during its conflicts with Israel. Despite its mediation efforts, Israeli Foreign Minister Eli Cohen last week accused Qatar of financing Hamas and harboring its leaders.

Persons: ”, Andreas Krieg, “, David Barnea, –, Israel, Tzachi Hanegbi, ” Hanegbi, Biden, ” Krieg, Majed Al, Ansari, Krieg, ” Hiltermann, Eli Cohen, ” Cohen, Antony Blinken, Joost R, Hiltermann, Qatar’s coziness, Hamas’s, “ You’ll, ” Israel, Becky Anderson, Ibrahim Dahman, Hamdi Alkhshali, Aimee Look, Abu Dhabi Organizations: UAE CNN, Qatar, King’s College London, Israel, CNN, National Security, United Arab, Reuters, NATO, Doha, Al, Hamas, Qatar’s Ministry of Foreign Affairs, US, UN, Washington Post, Qatari, “, Group Locations: Abu Dhabi, UAE, Qatar, Israel, Gaza, Egypt, United States, Rafah, Al, Arish, Washington, Hamas, Saudi Arabia, Bahrain, United Arab Emirates, Iran, Doha, Western, Arab, Al Jazeera, Tehran, Afghanistan, “ Qatar, North Africa, Brussels, “, Atlanta, Abu

☆ Inside WSJ. Magazine’s 2023 Innovator Awards
▼ + stars: | 2023-11-01 | by ( Lane Florsheim | ) www.wsj.com time to read: 1 min

Brand Innovator Kylie Jenner said the award was the first she’d won. “I’ve always loved beauty and fashion,” she said, “and to be recognized for the success of the brands I’ve built and my new Kye, which launched today, is so special.” Presenting her award, designer Haider Ackermann said of dressing Jenner for the Met Gala: “Our collaboration allowed us to think together, to work together, to dream together.”Getty Images for WSJ. Magazine Innovators Awards

Persons: Kylie Jenner, she’d, “ I’ve, ”, Haider Ackermann, Jenner

☆ Mass lawsuit against Apple over iPhone batteries can go ahead, London tribunal rules
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

An Apple logo is pictured outside an Apple store in Lille, France, September 13, 2023. The lawsuit was brought by British consumer champion Justin Gutmann on behalf of around 24 million iPhone users in the United Kingdom. The company sought to get the case thrown out of court, but the Competition Appeal Tribunal (CAT) said Gutmann's case can proceed in a written ruling on Wednesday. The CAT did, however, say there was "a lack of clarity and specificity" in Gutmann's case which needed to be resolved before any trial. The certification of Gutmann's case adds to the number of high-value mass lawsuits currently being brought in London, following a July decision to give the go-ahead to claims against major banks for alleged foreign exchange rigging.

Persons: Stephanie Lecocq, Justin Gutmann, Gutmann, Apple, Sam Tobin, Sachin Ravikumar, Emelia Organizations: Apple, REUTERS, Apple Inc, CAT, Supreme, Thomson Locations: Lille, France, British, United Kingdom, London

☆ A diner says a Georgia restaurant owner tried to charge her group $50 because her kids were 'too loud'
▼ + stars: | 2023-10-31 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A diner says a Georgia restaurant tried to charge her table $50 per bill because of their kids' behavior. AdvertisementAdvertisementA diner claims a restaurant in rural Georgia tried to charge her table $50 per bill after the owner complained that their kids were "too loud." Some of the parents took their children to the river after dessert and the owner approached the table, Landmann said. Instead, the owner told them that the diners would have to pay a $50 charge per bill, saying that the kids were being "too loud" and "running around outside," Landmann told Today. AdvertisementAdvertisement"He got in our faces and told us that we belonged at Burger King and not at his restaurant," Landmann said.

Persons: —, Lyndsey Landmann, Landmann, Bryan Caracciolo, he's, Caracciolo, he'd Organizations: Service, Atlanta News, Google Locations: Georgia, Florida, Burger

☆ San Diego temporarily solved its water crisis by turning ocean water into fresh water. But desalination won't work everywhere.
▼ + stars: | 2023-10-28 | by ( Maiya Focht | ) www.businessinsider.com time to read: +9 min

The largest desalination plant in the US is in San Diego. AdvertisementAdvertisementIn the early 1990s, San Diego was dying on the vine, starved of water in a series of yearslong droughts. At the last minute, a miracle saved San Diego — rain and snow in the desert replenished aquifers, saving the city from intense cutbacks. AdvertisementAdvertisementThe desalination plant produces potable water for San Diego county. With these easier options on the table, it's even more staggering that cities such as San Diego have pushed desalination efforts through.

Persons: —, Diegans, Jeremy Crutchfield, Claude, Bud, Lewis, It's, Crutchfield, Diego, Reed Kaestner, Robert Glennon, Frank Ward, Ward, Michelle Peters, Michael Hanemann, Glennon, Peters, Reed Kaestner, Hanemann, Allen J, Schaben Organizations: Service, Water Authority, Western, Getty, University of Arizona, Street Journal, New Mexico State University, Arizona State University, Water Locations: San Diego, Lewis Carlsbad, United States, Colorado, seeping, Mississippi, San Diego County , CA, Encina, San Diego County, Orange County , California, Carlsbad, Orange, California, Diego, San Diego county, Los Angeles, Columbia

BISMARCK, N.D. (AP) — A former North Dakota police officer fired for badly injuring a 63-year-old man during an arrest has been sentenced to probation after dropping his not-guilty plea. The Bismarck Tribune cited court documents in reporting that former Bismarck Officer George Huff entered an Alford plea on Oct. 12 to a misdemeanor charge of simple assault. The plea means Huff didn't admit guilt but acknowledged there was enough evidence to support a conviction. Huff, 26, was accused of striking Keith Erlandson several times in the face while holding handcuffs during an arrest on March 9. Bismarck police and the North Dakota Bureau of Criminal Investigation investigated, and Police Chief Dave Draovitch fired Huff on May 21.

Persons: —, Bismarck, George Huff, Alford, Huff, Keith Erlandson, Erlandson, Dave Draovitch, Huff “, Chris Redmann, Huff’s, regrettably, ” Redmann Organizations: N.D, North, Bismarck Tribune, North Dakota Bureau, Criminal Investigation, Police Locations: BISMARCK, North Dakota

☆ Apple lines up to support nationwide right-to-repair legislation
▼ + stars: | 2023-10-24 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

Apple said on Tuesday that it supports nationwide right-to-repair regulation that would make iPhone parts and tools available to customers, the latest sign of the company's shift toward supporting independent repair. Apple said it sees "real value" in a national law at a White House event on Tuesday. In a short talk, Apple service VP Brian Naumann said that Apple makes parts, tools, and manuals available to independent repair stores in the U.S., highlighting the company's current policy under its self-service repair program. The recent endorsement of the California law and the pending national bill is a shift from Apple, which previously opposed right-to-repair laws. But Apple has relaxed its position in recent years, introducing a program to rent tools and buy parts in 2021.

Persons: Apple, Biden, Lael Brainard, Brainard, Apple's, Brian Naumann, Naumann Organizations: Apple, National Economic, Microsoft, House Locations: U.S, California , Colorado , Minnesota, New York, California

Speculation that Chevron and Exxon might try to buy rivals BP (BP.L) and Shell (SHEL.L) intensified over the last two years as the European majors underperformed their U.S. rivals. Investors punished the European companies for their pivot towards renewables and low carbon energy while rewarding the U.S. companies' focus on oil and gas production that drove record profits last year. The oil industry last went through an era of major consolidation in the late 1990s when Exxon, Shell, BP and France's TotalEnergies merged with rivals to create huge integrated companies. A senior industry source close to the issue, as well as analysts and investors dismissed any imminent U.S. purchase of European rivals. Some European investors have also campaigned for energy companies to shift their business models to help tackle climate change.

Persons: Hess, Dado Ruvic, Tyler Tebbs, Bernard Looney, Lucas Herrmann, Shell's, Exxon's, Ron Bousso, Simon Webb, Barbara Lewis Organizations: REUTERS, Chevron, Hess, LONDON, Exxon Mobil, Exxon, BP, Shell, Investors, France's, Natural Resources, MKP Advisors, BNP, Reuters, European, Thomson Locations: Ukraine, Chevron, U.S

Republican presidential candidate Florida Governor Ron DeSantis speaks at the New Hampshire Republican Party's First in the Nation Leadership Summit in Nashua, New Hampshire, U.S., October 13, 2023. When Troy Scheuermann, a chiropractor in Van Buren County stood up to introduce DeSantis at a campaign stop in Keosauqua (pop. For farmer Lance Lillibridge of Benton County, Iowa, a personal touch from DeSantis, a politician not known for his warmth, is what secured his support. RURAL ROADSIn a recent three-day swing through Iowa, DeSantis traveled through Davis County (pop. The Trump campaign said it has identified 1,800 in-state volunteers to support the campaign, as well as 200 county chairs representing all 99 counties.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Trump, DeSantis, Nikki Haley, Mike Pence, Tim Scott, Troy Scheuermann, Scheuermann, “, ”, ” DeSantis, Van, Le Mars, Don Kass, Mike Van Otterloo, Van Otterloo, David Kochel, Jeb Bush, Mitt Romney, Kochel, Lance Lillibridge, Lillibridge, ” Lillibridge, Ted Cruz, Rick Santorum, Mike Huckabee, you’re, “ We’ve, Jessica Szymanski, Szymanski, James Oliphant, Gram Slattery, Nathan Layne, Ross Colvin, Claudia Parsons Organizations: Florida, New Hampshire Republican Party's, Nation Leadership Summit, REUTERS, Republican, Trump, Iowa, Ipsos, Iowa Republican, United Nations, Ukraine, PEOPLE Reuters, Reuters, Cream, Plymouth County, Supervisors, DeSantis, Iowa Corn Growers Association, Arkansas, “, PAC, White, Thomson Locations: Nashua , New Hampshire, U.S, , Iowa, Iowa, Florida, DeSantis, Van Buren County, Keosauqua, Van Buren, Le Mars , Iowa, Plymouth, Benton County , Iowa, China, Davis County, Buena Vista County

☆ Will Sam Bankman-Fried take the witness stand? It would be dangerous — but he has little to lose.
▼ + stars: | 2023-10-19 | by ( Jacob Shamsian | Katie Balevic | ) www.businessinsider.com time to read: +12 min

Sam Bankman-Fried needs to decide soon whether he'll take the witness stand in his criminal trial. AdvertisementAdvertisementCaroline Ellison testified in the trial of her ex-boyfriend, Sam Bankman-Fried JANE ROSENBERGFor that reason, the case against Bankman-Fried rests on the credibility of his alleged co-conspirators. In their own questioning of the cooperating witnesses, prosecutors have encouraged them to be open about taking responsibility for their crimes. Court sketch of Sam Bankman-Fried on the first day of his trial JANE ROSENBERG/ReutersIf Bankman-Fried takes the stand, he'll be cross-examined by prosecutors. If Bankman-Fried takes the stand, prosecutors will almost certainly point to more material and catch him in any contradictions.

Persons: Sam Bankman, he'll, he's, —, They're, Fried, Mark Cohen, Lewis Kaplan, who's, Cohen, He's, Caroline Ellison, Gary Wang, Nashad Singh, Sarah Krissoff, Cozen O'Connor, FTX, Mary Altaffer, Kaplan, Paul Tuchmann, Wiggin, Dana, Tuchmann, Adam Yedidia, Fried JANE ROSENBERG, Ellison, Wang, Singh, Bankman, Wang forthrightly, Ellison teared, slovenliness, Prosecutors —, Krissoff, JANE ROSENBERG, hedged, didn't, Judge Kaplan's, SBF Organizations: Service, Defense, US, Alameda Research, Former Alameda Research, AP, Prosecutors, Toyota Corolla, Reuters, ABC News, Alameda . Locations: Manhattan, Alameda, New York, FTX

☆ David Solomon’s Goldman remix is audibly off-key
▼ + stars: | 2023-10-17 | by ( John Foley | ) www.reuters.com time to read: +4 min

NEW YORK, Oct 17 (Reuters Breakingviews) - Having given up a side-gig in DJ-ing, Goldman Sachs (GS.N) boss David Solomon has one less distraction. Goldman reported a one-third year-on-year drop in earnings on Tuesday, in a quarter riddled with one-off charges. Those included a hit related to buy-now-pay-later lender GreenSky, which Goldman bought only two years ago, and is selling. Absent all that, Goldman would have made a return on equity of just over 10%. Goldman made a 7.1% return on equity in the quarter, on an annualized basis, which would have been 10.2% without one-off charges.

Persons: Goldman Sachs, David Solomon, Goldman, GreenSky, Morgan Stanley, Solomon, Marc Nachmann, Nachmann, Jonathan Guilford, Sharon Lam Organizations: Reuters, JPMorgan, Thomson Locations: tomorrow’s, Basel, GreenSky

A toxic algae bloom, likely linked to the drought and extreme heat, has also proliferated in the lake, creating a red stain in the water, although scientists are unsure if it could harm humans or animals. “We’re using nets to try to steer the dolphins out of this area,” Dr. Fleischmann said. Wildfires have consumed more than 18,000 square miles of the Amazon since the start of the year, an area twice the size of Vermont. Checking air quality data each morning has become an anxious habit in the city, as children and older people have ended up in hospitals struggling to breathe, according to doctors in Manaus. “It’s really hard to fill your lungs with air,” she said.

Persons: Dr, Fleischmann, Camila Justa, “ Locations: Vermont, Manaus

☆ Lee must stay humble, says coach Klinsmann of PSG playmaker
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +2 min

Oct 15 (Reuters) - South Korea coach Juergen Klinsmann has called on Lee Kang-in to keep his feet on the ground as the Paris Saint-Germain playmaker continues his emergence as the country's next great hope. "It's just a joy to work with him because he's always in a good mood, he's always smiling, but he's also hungry," Klinsmann said. It's not easy for Kang-in to stay hungry because here, he's getting treated like a pop star, which is not good because a pop star doesn't score goals. "Every time he will come back to Korea, there will be I don't know how many people screaming for him," Klinsmann said. "When a club like Paris Saint-Germain takes a player from Korea, it means that it's a very special player.

Persons: Juergen Klinsmann, Lee Kang, Germain, Lee, he's, Klinsmann, Kang, Paris Saint, Michael Church, Muralikumar Organizations: Paris Saint, Asian Games, La Liga, Real Mallorca, Champions League, Thomson Locations: South Korea, Paris, Tunisia, Seoul, China, Spain, Korea, South, Europe

Niclas Füllkrug and Jamal Musiala scored three minutes apart early in the second half, and Germany rallied to beat the United States 3-1 in a rainy exhibition Saturday. Political Cartoons View All 1211 Images“He played a good game, showed his quality,” Berhalter said. Gündoğan tied the score with his 18th international goal and first since the World Cup. Musiala got his second international goal, racing ahead of Tim Ream after Füllkrug beat Turner to a deflection and then centered the ball. “In the second half,” Nagelsmann said, “we had the ball possession in the opponent's half.

Persons: — Gio Reyna, Gregg Berhalter, Julian Nagelsmann, Niclas Füllkrug, Jamal Musiala, “, ” Berhalter, ” Reyna, Berhalter, Reyna, Weston McKennie, ” Pulisic, Pulisic, Jonathan Tah, Antonio Rüdiger, Marc, André, Gündoğan, Leroy Sané, Matt Turner, Sané, Luca de la, Füllkrug, Turner, Robin Gosens, Chris Richards, Musiala, Tim Ream, Chris Führich, Hansi Flick, ” Nagelsmann Organizations: HARTFORD, United, “, CONCACAF Nations League, Canada, Dortmund, Bundesliga, Mexico, Luca de la Torre Locations: Conn, Germany, United States, Qatar, U.S, Gündoğan, Mexico, Philadelphia, Ghana, Nashville , Tennessee

☆ European Central Bank member says more rate hikes still possible if new shocks emerge
▼ + stars: | 2023-10-10 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Robert Holzmann, governor of Austria's central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023. Bloomberg | Bloomberg | Getty ImagesAustrian central bank Governor Robert Holzmann said the European Central Bank could implement one or two further interest rate increases, if there are "additional shocks" to the economy. watch nowThe European Central Bank opted to hike interest rates to a record in September, continuing a cycle that has lasted almost two years. In a market-moving statement in mid-September, the ECB also indicated that further hikes may be off the table for now. He added that there was a "clear downward trend" in prices, in an interview with franceinfo, as translated by CNBC.

Persons: Robert Holzmann, Holzmann, Holzmann's, Francois Villeroy de Galhau, franceinfo Organizations: Bloomberg, Getty, European Central Bank, CNBC, International Monetary, Bank, ECB Locations: Austria's, Vienna, Austria, Marrakech

[1/2] Police detain suspects as they patrol along the German-Polish border to prevent illegal migration near Klinge, Germany, September 20, 2023. Interior Minister Nancy Faeser urged Germany's 16 states on Wednesday to provide asylum seekers with material benefits rather than cash, to reduce the country's pull factor. Migration analysts say much of the tougher stance is electioneering ahead of elections in Hesse and Bavaria on Sunday and in three eastern German states next year. Vorlaender noted that even if tougher controls worked, Germany risked creating a bigger problem for transit countries by bottling in migrants there. Germany's tougher stance on migration isn't so much a policy reversal as an evolution, said Susan Fratzke at the Migration Policy Institute.

Persons: Lisi Niesner, Nancy Faeser, Germany's, Olaf Scholz, Angela Merkel, Scholz, Russia's, Hannes Schammann, SHAM, Merkel, Friedrich Merz, “, ” Merz, Merz, Alberto ‑ Horst Neidhardt, Hans Vorlaender, Vorlaender, Ludovit, Susan Fratzke, Schammann, Sarah Marsh, Riham, Jan Lopatka, Alan Charlish, Mark Heinrich Our Organizations: Police, REUTERS, Authorities, EU, EU's Agency for Asylum, University of Hildesheim, Christian Democratic Union, European, Faeser, Migration Policy Institute, Berlin, Thomson Locations: Klinge, Germany, Berlin, BERLIN, Hesse, Bavaria, Europe, Poland, Czech Republic, Austria, Slovakia, Hungary, Turkey, Ankara, Prague, Warsaw

☆ On Holding CEOs talk sustainability and launch of sneaker subscription service
▼ + stars: | 2023-10-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Marc Maurer and Martin Hoffmann, Co-CEOs of Swiss sports apparel brand On Holding , told CNBC's Jim Cramer that they aim to make their products sustainable. On Holding rolled out Cyclon, a sneaker subscription service where customers pay a monthly fee to return their old sneakers every six months in exchange for new ones. On Holding is also trying to get out of using fossil fuels, Maurer said, and the company recently showcased a new shoe made from carbon emissions. The sneaker is not yet for sale, but Maurer said he expects it to enter the broader market in 2025. "So we feel we have work to do in getting that down, but we don't have risk to our profitability."

Persons: Marc Maurer, Martin Hoffmann ,, CNBC's Jim Cramer, Cyclon, Maurer, It's, Hoffmann Locations: Swiss

☆ Kyiv: Ousting of US House speaker darkens outlook for Ukraine aid as funds dry up
▼ + stars: | 2023-10-04 | by ( Tim Lister | ) edition.cnn.com time to read: +8 min

That left the Biden administration’s $24 billion request for fresh military aid, submitted to Congress in the summer, in limbo. While it’s unclear who might succeed him, several potential candidates are skeptical about continuing support for Ukraine at current levels. Let’s be clear, if the US Congress does not pass a funding bill, Ukraine will be in deep trouble. But for Ukraine’s military planners, the uncertainty is an immense challenge as they try to plot any winter offensive or where to place air defenses. Bryan R. Smith/AFP/Getty ImagesBut a senior adviser to Zelensky criticized “Western conservative elites” for suggesting that military aid to Ukraine should be suspended.

Persons: Kevin McCarthy, McCarthy, Joe Biden, McCarthy “, ” McCarthy, Volodymyr Zelensky, Robert Fico’s, –, Michael McCord, McCord, ”, Max Bergmann, ” Bergmann, Bergmann, “, Bergman, Dmytro Kuleba, ” Kuleba, Oksana Markarova, ” Markarova, Bryan R, Smith, Zelensky, Mykhailo Podolyak, Podolyak, ” Podolyak Organizations: CNN, Russia grinds, Kyiv, Biden, Ukraine, Russia, NATO, Congressional, House Democrats, Pentagon, Ukraine Security Assistance Initiative, Center for Strategic, International Studies, “, ‘, European Union, Facebook, Embassy of, USA, UN, Assembly, …, Congress Locations: Ukraine, Russia, Washington, Slovakia, Poland, Warsaw, Kyiv, Embassy of Ukraine, AFP

☆ Goldman Sachs executive Chris Kojima to leave, memo says
▼ + stars: | 2023-10-03 | by ( Saeed Azhar | ) www.reuters.com time to read: +2 min

People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Oct 3 (Reuters) - Chris Kojima, an executive in Goldman Sachs <GS.N> asset and wealth management unit, will leave the investment bank after almost 28 years, according to an internal memo seen by Reuters on Tuesday. His move is the latest in a series of high-profile departures from Goldman's asset and wealth management division, which manages $2.7 trillion in assets. "Chris founded and led businesses that are incredibly important to Goldman Sachs, and our business today is stronger because of his leadership," Nachmann said in a statement. He first joined Goldman Sachs as an investment banking associate in 1995, and was named managing director in 2002 and a partner in 2008.

Persons: Goldman Sachs, Andrew Kelly, Chris Kojima, Kojima, Julian Salisbury, Mike Koester, Jo Natauri, Matt Gibson, Marc Nachmann, Chris, Nachmann, Goldman, Saeed Azhar, Louise Heavens, Lananh Nguyen, Paul Simao Organizations: REUTERS, Reuters, Sixth, Thomson Locations: Manhattan , New York, U.S

The Powerball jackpot hit $1.2 billion on Oct. 3, 2023, the third-biggest prize in the game's history. Scott Olson | GettyThe Powerball jackpot has climbed to an estimated $1.2 billion — the third-largest prize in the game's history — without a winner Monday night. Among the winner's big decisions will be the choice between a lump sum payout worth $551.7 million or an annuitized prize of $1.2 billion. The lump sum payout is 'a mistake'"Virtually everybody who wins the lottery picks the lump sum distribution," said Andrew Stoltmann, a Chicago-based lawyer who has represented several lottery winners. While the lump sum payout could be a good financial move for some winners, he agreed that others may benefit from the spending guardrails of annuitized payments.

Persons: Scott Olson, Andrew Stoltmann, doesn't, Stoltmann, it's, John Loyd Locations: Chicago, Fort Worth , Texas

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