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☆ Solana is facing its 'crucible moment' after the FTX blowup sent it down 50% last week
▼ + stars: | 2022-11-13 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Investors say it feels like a make-or-break moment for the Solana network, but they're optimistic it'll pull through. "Every community has to have a crucible moment," said Avichal Garg, a managing partner at venture capital firm Electric Capital. "FTX really helped construct this ecosystem, they put a lot of money and resources behind it and helped the flywheel get going," Garg said. On the bright side, whatever amount of Solana tokens was locked on the FTX exchange can't be sold now. However, those close to the Solana community have been strongly encouraged by growth trends in its developer base.

☆ Bitcoin and other cryptos spiral lower as worries about the fallout from FTX's troubles grow
▼ + stars: | 2022-11-09 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

Bitcoin and most cryptos extended losses Wednesday as worries built about the FTX fallout. Sol plunged 31% and the crypto market cap dropped 11% on fears the troubles would spread. In a stunning turn of events, FTX CEO Sam-Bankman Fried announced Tuesday that the crypto exchange had agreed to be taken over by rival Binance. The emergency deal sent chills through the crypto world, reviving fears about liquidity risks that could lead to company collapses. The overall value of the crypto market dropped over 11% to $871 billion over the last day, according to CoinMarketCap data.

☆ Bitcoin tumbles to its lowest in nearly 2 years; Solana drops another 30%
▼ + stars: | 2022-11-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Cryptocurrencies were under pressure for a second day Wednesday as the market digested the fallout of Binance's planned bailout of FTX. The Solana token continued its slide. "This is an adverse event for the Solana ecosystem in the short run. Further, given FTX/Alameda's balance sheet situation, there may be near term pressure on its Solana holdings, as the situation resolves." The crypto market briefly spiked on Tuesday after Bankman-Fried, also known as SPF, announced that Binance will acquire its non-U.S. operations but plummeted shortly after.

☆ Binance is buying FTX amid 'significant' liquidity issues. Here's how billionaire Sam Bankman-Fried's exchange got here.
▼ + stars: | 2022-11-08 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Binance reached an agreement to purchase Sam Bankman-Fried's crypto exchange FTX on Tuesday. Here's what happened as FTX went from market heavyweight to being acquired by a rival. Balance sheets and billionairesBankman-Fried's empire is diverges in two branches: FTX, a cryptocurrency exchange, and Alameda Research, a crypto trading firm. The price of other cryptocurrencies including Solana's SOL, bitcoin, and ether dropped Tuesday as well, as worries seeped across the broader crypto market. "Binance is likely coming in and saying they will cover the liabilities for FTX, and then effectively have FTX hand over the rest of their assets."

☆ In Nevada, Cortez Masto taunts Laxalt with new ads boasting his family endorsed her
▼ + stars: | 2022-11-05 | by ( Natasha Korecki | Natasha Korecki Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

In the final days of a bitterly fought Senate campaign, Nevada Democratic Sen. Catherine Cortez Masto wants voters to know that 14 members of her rival’s family have chosen to endorse her — not him. “Today we, the undersigned members of the Laxalt family, are writing in support of the re-election of Sen. Catherine Cortez Masto for the U.S. Senate. Cortez Masto’s campaign, in statewide television ads, accused Adam Laxalt of cashing in on his family name even though he was raised in the East Coast. In October, Laxalt responded to the letter from his 14 family members, tweeting: "It’s not surprising that once again a handful of family members and spouses, half of whom do not live in Nevada, and most of whom are Democrats, are supporting a Democrat,"It's the second time Laxalt family members have endorsed his opponent. Former President Barack Obama at a rally for Cortez Masto and other Nevada Democrats this week poked fun at the Laxalt family dynamic.

The back half of the earnings season gets underway this week, with key companies across different sectors set to report. FactSet data shows that slightly more than 70% of the S & P 500 that have reported earnings have beaten earnings expectations. Tuesday Advanced Micro Devices is set to report earnings after the bell, followed by a conference call at 5 p.m. Wednesday Yum Brands is set to report earnings before the bell, with management holding a call at 8:15 a.m. EBay is set to report earnings after the bell, followed by a call at 5 p.m.

☆ Heineken cautious as Europe's beer drinking starts to slow
▼ + stars: | 2022-10-26 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

The maker of Europe's top-selling beer Heineken, along with Sol and Tiger lagers said beer volumes rose by 8.9% on a like-for-like basis in the third quarter, with the strongest increase in Asia, but compared with the 12.0% average market expectation. RBC Capital Markets, which has an 'underperform' rating for Heineken, said Europe's 1.3% sales increase clearly missed expectations. Heineken reported a 68% increase in its beer sales in the Asia-Pacific region in the July-Sept period, a year on from COVID-19 lockdowns, notably in its main Asian market Vietnam. Unlike in other regions, beer sales in Europe remain below 2019 levels. Heineken said pressure on disposable income was in part to blame for a decline in sales in Nigeria, although its premium beer sales rose by more than a third.

☆ Heineken Q3 beer sales rise less than expected
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: 1 min

BRUSSELS, Oct 26 (Reuters) - Heineken NV (HEIN.AS), the world's second-largest brewery, reported on Wednesday beer sales rose less than expected in the third quarter as it reaffirmed its full-year outlook. The maker of Europe's top-selling lager Heineken, as well as Tiger, Sol and Strongbow cider, said beer volumes rose by 8.9% on a like-for-like basis, with the strongest increase in Asia, compared with the 12.0% average market expectation. Heineken said it retained its full-year outlook for operating margin to be stable or increase modestly this year. Reporting by Philip Blenkinsop, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Eight Pine-Sol disinfectant cleaners recalled over infection-causing bacteria
▼ + stars: | 2022-10-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Eight Pine-Sol disinfectant cleaning products are being recalled over fears they may contain infection-causing bacteria, the Consumer Product Safety Commission announced Tuesday. The Pine-Sol Scented Multi-Surface Cleaners, CloroxPro Pine-Sol All Purpose Cleaners, and Clorox Professional Pine-Sol Lemon Fresh Cleaners produced at a plant in Forest Park, Georgia, may contain the natural bacterium Pseudomonas aeruginosa, which can cause infections in those with compromised immune systems, the commission said in a statement. Clorox, the parent company of the Pine-Sol brand, did not immediately respond to a request for comment. "The bacteria can enter the body if inhaled, through the eyes, or through a break in the skin," it said. Included are the Lavender Clean, Sparkling Wave and Lemon Fresh scents of Pine-Sol Scented Multi-Surface Cleaners; the Lavender Clean, Sparkling Wave, Lemon Fresh and Orange Energy scents of CloroxPro Pine-Sol All Purpose Cleaners; and Clorox Professional Pine-Sol Lemon Fresh Cleaners, the commission said.

☆ Clorox recalls 37 million bottles of Pine-Sol that could contain bacteria
▼ + stars: | 2022-10-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN Business —Roughly 37 million bottles of Pine-Sol products have been recalled because they could contain a potentially harmful bacteria. Eight different versions of Pine-Sol have been recalled, including Pine-Sol scented multi-surface cleaners (lavender clean, sparkling wave and lemon fresh scents), CloroxPro Pine-Sol all purpose cleaners (lavender clean, sparkling wave, lemon fresh, and orange energy scents) and Clorox Professional Pine-Sol lemon fresh cleaner. The affected Pine-Sol products were made between January 2021 and September 2022. Recalled bottles have date codes beginning with the prefix “A4” followed by a five-digit number less than 22249. If someone has a recalled Pine-Sol bottle, the agency says to throw it away and contact Pine-Sol for a refund.

☆ Five Ways You’ll Exercise Smarter in the Future
▼ + stars: | 2022-10-23 | by ( Jen Murphy | Illustrations Sol Cotti | ) www.wsj.com time to read: 1 min

Many people sit on a gym machine and turn on autopilot as their muscles follow a controlled movement. But in coming years these exercises will be supplemented with neuromuscular drills like jumping laterally and landing on one leg, sports-medicine experts say. Those exercises use movements to train the brain to fire the correct muscles. Now mainly used to rehab pro athletes with injuries, neuromuscular training is likely to become a complement to strength and cardio workouts for aging baby boomers that can help them re-establish temporary losses in muscle strength and mobility.

☆ Ulta, Bath & Body Works, CeraVe, E.l.f. Cosmetics, and SheaMoisture among beauty favorites for female teens, survey finds
▼ + stars: | 2022-10-21 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +4 min

Ulta is still the most popular beauty store for all female teens, according to a semiannual survey. Out of the 6,670 female teens surveyed, 29% of upper-income female teens and 40% of average-income female teens chose Bath & Body Works as their favorite source for fragrances. Upper-income female teens are spending slightly less for perfumes at $62 every year compared with $67 a year spent on perfumes by average-income female teens. While female teens with wealthier incomes spent $93 last fall on hair care products, female teens with average income spent $91 a year. However, Olaplex was the most popular hair care brand for 14% of upper-income female teens, and the second most popular for female teens with average incomes.

☆ This exec helped raise $100 million to fund Latino-owned startups: It's 'a smart economic strategy'
▼ + stars: | 2022-10-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

As the U.S. slides closer to a potential recession, economists and business leaders are racking their brains for ways to improve the country's financial health. For Solomon "Sol" Trujillo, the answer is simple: Invest in Latino-owned businesses. In 2019, Trujillo, 70, founded L'Attitude Ventures, a venture capital (VC) firm that exclusively invests in Latino-owned businesses. Trujillo is a general partner at L'Attitude Ventures alongside former United Airlines CEO and chairman Oscar Munoz, Kennie Blanco, Laura Moreno Lucas and Gary Acosta, who is also a co-founder of the firm. "We want people to see that there are a lot of companies that can create growth and stimulate our country's GDP with the right support."

☆ Local jail warden, twin brother, arrested and accused of shooting migrants in Texas, killing one
▼ + stars: | 2022-09-29 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

A jail warden and his twin brother have been charged with shooting two migrants, one fatally. The men were arrested Wednesday in Texas, The New York Times reported. Citing court documents, The New York Times reported that two brothers, Michael and Mark Sheppard, were arrested Wednesday. Michael Sheppard was, until this week, a warden at the West Texas Detention Center in Sierra Blanca, Texas, according to the San Antonio Express-News. The detention center is a privately run, federal facility for detained immigrants.

On the agenda today:But first: This week, Insider launched its inaugural Climate Action 30, a prestigious list of leaders working toward climate solutions. Lily Katzman, an associate editor on our Special Projects team, gives us a behind-the-scenes look at the project. InsiderWhen we say climate heroes, the usual suspects — think Greta Thunberg and Al Gore — come to mind. That's where Insider's Climate Action 30 comes into play. ReutersDavid Solomon, Goldman Sachs' CEO, moonlights as an electronic-music DJ, playing high-profile gigs like the Lollapalooza music festival and Tomorrowland, a Belgian music festival.

Despite the growth and consumer power of U.S. Latinos, they continue to be significantly underrepresented in media, according to a new report. On TV shows, Latinos made up 3.1% of lead actors, 2.1% of co-leads/ensemble actors and 1.5% of showrunners. There are no Latino CEOs or film and production company chairs, important decision-making roles that help greenlight stories and steer content. Amid the lack of representation, more Latinos are turning to social media platforms and brands for content, such as YouTube, TikTok and Snapchat, the report found. The report also noted that 11 of the 20 most streamed songs of the summer, according to Spotify, are by Latino artists.

LDC is a nonprofit, nonpartisan group focused on reshaping perceptions of U.S. Latinos through data and economic research. In 2020, Latino consumption was measured at $1.84 trillion. Three-quarters of the Latino population were concentrated in just 10 states in 2020: Arizona, California, Colorado, Florida, Georgia, Illinois, New Jersey, New York, North Carolina and Texas. According to the report, Latino growth staved off a decline in the population and labor force in three states — New Jersey, New York and Illinois — from 2010 to 2018. As a result, Latino real GDP contracted a small amount in 2020, by 0.8% compared to 4.4% for non-Latinos.

☆ Latinos are the engine of growth in the U.S., says Sol Trujillo
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLatinos are the engine of growth in the U.S., says Sol TrujilloSol Trujillo, Trujillo Group Investments chairman, sits down with CNBC's Joe Kernen at the L'Attitude Conference in San Diego to discuss the economic influence of Latinos in the U.S.

☆ Goldman Sachs insiders say they are concerned about CEO David Solomon's push to build his personal brand, pointing to staff help for his DJing and use of the firm's planes
▼ + stars: | 2022-09-21 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +15 min

As David Solomon, Goldman Sachs' CEO, was wrapping up a work trip in late July, he boarded the company's Gulfstream G650 for Chicago. His personal account cites his role as Goldman Sachs' CEO, while his official Goldman Sachs account links to his personal account. As CEO, Solomon has overseen the firm's first investor day, launched a strategic update, and reaped record revenue of $59.3 billion in 2021. The Goldman representative disputed that characterization, saying the number of executive TV appearances has more than doubled over the past year. A Goldman representative said that Payback is run by music-industry consultants and that no Goldman Sachs resources are used for the platform.

☆ How SkyBridge founder Anthony Scaramucci is navigating the world between traditional and digital assets — plus his favorite coins and hedge funds for the tough market environment
▼ + stars: | 2022-09-21 | by ( Laila Maidan | Alyson Velati | ) www.businessinsider.com time to read: +7 min

A survey conducted by the Alternative Investment Management Association (AIMA), showed that about one-third of traditional hedge funds are investing in digital assets. Approximately one-third of the panel discussions revolved around digital assets, according to SkyBridge Capital's Anthony Scaramucci. And while some funds may still be grappling with the question of how much exposure they should allocate to digital assets, Scaramucci is pedaling forward. Long term, he believes in the appreciation of digital assets, and he's willing to pay the price of absorbing the volatility in the meantime. The pivot to digital assetsSkyBridge has pivoted heavily into crypto and blockchain technology from its traditional hedge fund of funds business.

☆ World says goodbye to Britain's Queen Elizabeth from cafes and consulates
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +4 min

The hearse transporting the coffin of Britain's Queen Elizabeth drives near Royal Guards along Albert Road on the day of her state funeral and burial, in Windsor, Britain, September 19, 2022. And in Paris, France, bar owner Thibaud Dupont showed off his new tattoo of the monarch on his forearm. "She was not our queen, but she reigned over Britain for 70 years. "Her presence is literally everywhere," IT professional Victor Lai said outside the British Consulate General in Hong Kong, where people have queued for the past 10 days to sign a memorial book. In Bahrain, British expatriates paid tribute to Elizabeth at a service at St. Christopher's Cathedral in the capital Manama.

☆ Bed Bath & Beyond is closing 150 stores. Here are the locations confirmed so far.
▼ + stars: | 2022-09-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Bed Bath & Beyond is closing around 150 stores and laying off staff. It has now named 56 of the stores set to close across 21 states. By laying off staff and closing the stores, the company said it planned to reduce costs by $250 million in 2022. Sales in the second quarter had slumped roughly 26% compared to the same period in 2021, Bed Bath & Beyond said in preliminary earning results. The struggling retailer has now revealed the location of 56 of the stores being closed, spanning 21 states and Puerto Rico.

☆ See Europe's less-crowded destinations as Americans flood the hot spots
▼ + stars: | 2022-08-18 | by ( Terry Ward | ) edition.cnn.com time to read: +15 min

North Jutland, DenmarkSouthern Europe swells with crowds during summer, and it can also get hot to the point of extremely uncomfortable in July and August. Temperatures in Seville and other spots in southern Spain recently exceeded the 110˚ Fahrenheit mark (43.3 Celsius). MontenegroLeave Croatia’s jam-packed Dubrovnik to the hordes of “Game of Thrones” hangers-on and make for less-trampled spots in neighboring Montenegro instead. It’s just 40 minutes from the popular beaches of Taormina, which are flooded with “White Lotus” fans this summer. There are beaches all around the peninsula, but if you only hit two, Mylopotamos and Fakistra on the Aegean side are the can’t-miss spots.

Persons: ”, Tania Swasbrook, Swasbrook, it’s, Jack Ezon, he’s, “, ” Ezon, you’ve, Mads Østergaard, Moritz, St, Du, Marianne Fabre, Lanvin, Vin de Bonté, ” Fabre, Arlindo Serrão, Serrão, ” Serrão, Dolev Azaria, Azaria, Portonovi, Spain Spain’s Costa, Spain Spain’s Costa de la Luz, Manni Coe of, TOMA, ” Coe, El Rompido, Italy Lipari, Diego Fiore, Dario Ferrante, Absolute, Ferrante, ” Ferrante, Andreas Heide, Barba, Alan Mandic, ” Mandic, Andria Mitsakos, Mitsakos Organizations: CNN, Allianz Partners, Vgari, CNN Travel, Croatia, Michelin, Tri, Villa, –, SAS, France International, gravitate, Cannes, Lodging, Le, Adobe, Alentejo ‘, “, New, UNESCO, Costa de la, Spain Spain’s Costa de la, del Sol, Albanian Locations: Europe, Tuscany, Slovenia, Croatia, Kotor, Montenegro, Italy, France, Pantelleria, Paros, Spain, Portugal, North Jutland, Denmark Southern Europe, Seville, Denmark, Cold Hawaii, ”, Jutland, Aalborg, Denmark’s, “, Newark, United States, Moritz, Switzerland, St, Engadin, Badrutt’s, Swiss, Nice, Montpellier, l’Espiguette, L’Oyat Plage, Alentejo, Lisbon, Algarve, Comporta, Dubrovnik, “ Montenegro, New York City, Como, Costa de, Costa de la Luz, Spain Spain’s Costa de, Barcelona, del, Manni Coe of Andalusia, Tarifa, El, Cadiz, Huelva, Mazagón, Aeolian, Sicily, Amalfi, Caribbean, Salina, Filicudi, Mount Etna, It’s, Taormina, Senja, Norway, Svalbard, Lofoten, Northern Norway, Zadar, Split, Hvar, Silba, Pelion, Greece, Mykonos, Albania, Ksamil . Albania's, Balkan

☆ I just tried to buy altcoins in the UK and it was a nightmare. Here's how I ended up with $10 locked in an eToro account — and why I think it's a sign that crypto needs a bear market.
▼ + stars: | 2022-01-31 | by ( Kari Mcmahon | ) www.businessinsider.com time to read: +13 min

The crypto market has dominated headlines as the currency generated stellar returns. Since I was buying crypto in the UK, the process is slightly different than in the US. "eToro Wallet acts as the gateway between the eToro investment platform and the blockchain," said an eToro spokesperson in an email. Crypto needs a bear marketSo with $9.94 of hard-earned cash still sitting in my eToro account, I am left with a bitter taste in my mouth. Some of the most well-regarded crypto products in today's market, such as the FTX exchange and solana, were built in the last crypto winter.

☆ TRĂDAT de propriul comportament: un tânăr din Capitală, reținut de poliție
▼ + stars: | 2021-07-08 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Un tânăr a fost reținut de oamenii legii pe stradela Sfîntul Andrei din Capitală, pe motiv că ar fi dat dovadă de un comportament ciudat. Incidentul a avut loc miercuri, în cadrul activităţilor de patrulare a străzilor şi a curților blocurilor de locuit, informează Poliția Capitalei. Reacția suspectă a tânărului a fost observată de echipajele BPRO în momentul în care acesta, la vederea echipajului de poliție, și-a schimbat direcția de mers și a încercat să se eschizeve de la anumite întrebări. În urma unei discuției cu făptațul, forțele de ordine au sesizat că cel din urmă a aruncat la sol două pachete de hârtie. Individul a fost reținut.

Persons: Individul Locations: Capitală, Capitalei

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