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Chipotle Is Bringing Its Burritos to Small Town U.S.A.
  + stars: | 2023-07-18 | by ( Heather Haddon | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
WASHINGTON, July 18 (Reuters) - The White House on Tuesday along with companies such as Amazon.com Inc (AMZN.O), Alphabet's Google (GOOGL.O) and Best Buy (BBY.N) will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks. A new certification and labeling program would raise the bar for cybersecurity across smart devices such as refrigerators, microwaves, televisions, climate control systems and fitness trackers, the White House said in a statement. Retailers and manufacturers will apply a "U.S. Cyber Trust Mark" logo to their devices and the program will be up and running in 2024. The Federal Communications Commission will seek public comment before rolling out the labeling program and register a national trademark with the U.S. Patent and Trademark Office, the White House said. In March, the White House launched its national cyber strategy that called on software makers and companies to take far greater responsibility to ensure that their systems cannot be hacked.
Persons: Nandita Bose, Jacqueline Wong Organizations: Amazon.com Inc, Google, Cyber, Federal Communications Commission, U.S . Patent, LG Electronics, Logitech, Cisco Systems, Samsung, White House, Federal Bureau of Investigation, Defense Department, Microsoft, Thomson Locations: U.S, Washington
To receive the U.S. Cyber Trust Mark, companies will have to follow cybersecurity standards set by the National Institute of Standards and Technology (NIST), such as requiring strong passwords and software updates. Other agencies across the executive branch also plan to get involved in making connected devices more secure, according to the announcement. For example, the Department of Energy will collaborate with National Labs and industry to create cybersecurity labeling standards for smart meters and power inverters. And the Department of State plans to engage allies in syncing up cybersecurity labeling standards and creating international recognition of such labels. Once completed, the FCC could choose to use the standards to apply the new label to these products as well.
Persons: Biden Organizations: U.S, U.S . Cyber, Federal Communications Commission, Google, LG Electronics, Logitech, Samsung, National Institute of Standards, Technology, NIST, FCC, Infrastructure Security Agency, Department of Energy, National Labs, Department of State, CNBC, YouTube Locations: cyberattacks, U.S
Dustin Ballard, who runs the channel, said he wants to take AI covers to the live stage. Dustin Ballard, who runs the channel, told Insider in an email that videos like these take a few days. Finally, I use an AI voice model trained on snippets of the original artist's singing to transform my voice into theirs. "AI voice training is currently not a very user-friendly process, but it's rapidly getting easier," Ballard told Insider. Legal ramifications concerning music and copyright law, are what is driving the debate on AI covers in the music industry.
Persons: Johnny Cash, Dustin Ballard, Greta Gerwig's, Elvis, Sir, Frank Sinatra, Lil Jon, Ballard, It's, Joe Biden, Donald Trump, Spongebob's Patrick belting, Drake, Jered Chavez, it's, Travis Scott, Evan Dhillon Organizations: YouTube, Universal Music Group, Financial, Arpeggi Labs Locations: Folsom, Argentina
Russia said at the time that the warrant was "outrageous" and legally void because Russia is not an ICC member. The Kremlin has yet to say publicly if Putin intends to go to the summit. In Saturday's statement it said Ramaphosa had briefed Putin about preparations for the event, but did not give details of their exchange. On the grain deal, which expires on Monday unless Russia agrees to extend it, Putin reiterated to Ramaphosa that commitments to remove obstacles to Russian food and fertiliser exports had not yet been fulfilled, the Kremlin said. Russia has threatened to quit the deal before, however, only to renew it at the last minute.
Persons: Ramaphosa, Putin, S.Africa, Vladimir Putin, Cyril Ramaphosa, Volodymyr Zelenskiy, Kopano, Clelia Organizations: Kremlin ICC, South, Kremlin, Putin, International Criminal Court, ICC, Ukraine, Thomson Locations: Russia, South Africa, Brazil, India, China, Ukraine, Moscow
Ms. Battle has been leading an effort to have businesses pledge not to finance seabed mining or source seafloor materials in their supply chains. Similarly, prominent banks in Britain, such as Lloyds and Standard Chartered, are refusing to do business with deep-sea mining entities. But critics say that the expense and logistics of mining in the remote ocean — and transporting metals back to land — raise doubts about whether deep-sea mining can be profitable. “This industry could start without being needed,” she said of deep-sea mining. But seabed mining supporters say that existing mining is worse for the environment, and deep-sea mining could help wrestle control of critical metals from China and Russia.
Persons: Barron, DealBook, it’s, Jessica Battle Organizations: ” Regulators, United Nations, World Wildlife Fund, BMW, Google, Samsung, Volvo, Volkswagen, Lloyds, Standard Chartered, International Energy Agency Locations: Britain, China, Russia
Carrie (Sarah Jessica Parker) was often cash poor because she spent her writer’s income on things like expensive shoes. At one point, she got into money trouble after a breakup and had to rely on her friend Charlotte (Kristin Davis) to bail her out. Let’s be clear: These women were always quite privileged — perpetually sipping pricey cosmopolitans in the greatest city in the world. But in the original series, they had to work for a living, and sometimes they had to worry about money. We see Miranda logging long hours in the office, Samantha courting prospective clients and Charlotte showing the latest art to potential buyers.
Persons: ” Miranda isn’t, Samantha, Kim Cattrall, Carrie, Sarah Jessica Parker, Charlotte, Kristin Davis, Miranda, We’re, Big, Chris Noth, ” Carrie, podcaster, can’t, Organizations: City Locations: Charlotte
Charter Hall did not immediately respond to a Reuters request for comment. On its website Charter Hall said the fund would "only sell assets for prices that reflect fair value and given the lower sales volumes in the office investment markets, sales have proved challenging". Another REIT and Australia's largest office landlord Dexus (DXS.AX) last month sold a premium downtown Sydney office block for a 17% discount on a valuation made six months earlier. The Australian and U.S. REIT benchmark indexes are down roughly a fifth since highs at the end of 2021. But unlisted fund valuations have declined more slowly, creating an incentive for investors to pull money out while a chunky premium over listed equivalents remains, according to fund managers with investments in REITs.
Persons: Australia's, Hall, Dexus, Blackstone, Lewis Jackson, Byron Kaye, Jacqueline Wong Organizations: SYDNEY, Investors, PFA Fund, Charter Hall, KKR, Australian, Income, Thomson Locations: Australian, Sydney, REITs, BlackRock
Person's hand holding bottle of California Lager from Anchor Brewing Company, maker of Anchor Steam Beer, Lafayette, California, July 12, 2023. A spokesperson for the Brewers Association, which represents more than 5,400 brewers, distributors and craft beer retailers, said the trade group doesn't normally, by policy, comment on the opening or closing of any beer company. But the impending closure of Anchor Brewing — an iconic San Francisco staple as famous as sourdough bread, Ghirardelli Chocolate or Rice-A-Roni — prompted it to offer a heartfelt eulogy. "Anchor's contributions to craft brewing and American beer history cannot be overstated," chief economist Bart Watson said in a statement. Anchor Brewing was purchased in 2017 by Sapporo U.S.A. A representative for the company couldn't immediately be reached for comment Wednesday.
Persons: Smith, Sam Singer, Singer, Roni —, Bart Watson, Watson, couldn't Organizations: California Lager, Anchor Brewing Company, Steam, Brewing, NBC News, Brewers Association, Sapporo U.S.A Locations: California, Lafayette , California, San Francisco, Potrero Hill
War in Sudan Was Inevitable - The New York Times
  + stars: | 2023-07-07 | by ( Bayan Abubakr | ) www.nytimes.com   time to read: +3 min
— which had once operated in the same national military force — led a joint coup that dissolved Sudan’s transitional government. Saudi Arabia, the United Arab Emirates, the United States and Britain welcomed this agreement as a step in the right direction. Since the start of the war on April 15, the R.S.F. The participants refuse to cooperate with the Sudanese military, which has orchestrated genocides and violence since Sudan’s independence in 1956, or with its dark offshoot, the R.S.F. It was inevitable that they would eventually come head-to-head with the institution that created them.
Persons: , Wagner, Organizations: United Arab Emirates, Revolutionary Charter, Sudanese, African Union Commission Locations: Saudi Arabia, United States, Britain, El, Khartoum, Darfur, Libya, Europe, Sudan
July 6 (Reuters) - Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup said on Thursday, with expected further rate hikes likely to dent confidence even more. The brokerage cut its fiscal 2024 earnings forecast for electronics retailer JB Hi-Fi (JBH.AX), fashion retailer Premier Investments (PMV.AX), auto parts retailer Super Retail (SUL.AX), and retail conglomerate Wesfarmers (WES.AX). "It appears the two recent rate rises (in May and June) following the April pause has been the final straw, pushing some consumers to restrain their spending," Citi analysts Adrian Lemme and James Wang wrote in a note. They estimate the high rates have pushed up net household interest expense by around A$30 billion over five years through 2024. "Given Citi forecasts another two rate rises, we think confidence will remain depressed for now," the analysts said.
Persons: Adrian Lemme, James Wang, JB, Harvey Norman, Citi's, Sameer Manekar, Savio D'Souza Organizations: Citigroup, JB, Premier Investments, Super, Citi, Australia, UBS, Pizza Enterprises, Coles Group, Woolworths, Thomson Locations: Bengaluru
July 3 (Reuters) - Australia's top telecom firm Telstra Group (TLS.AX) said on Monday it will partner with Elon Musk's Starlink to provide fixed broadband and voice services to rural Australians. The telecommunications provider will bring home phone service and Starlink broadband services as a bundle to Australians, it said on a blog post. "The addition of Starlink will provide an additional connectivity option for people and businesses in rural and remote locations," the company added. Telstra expects to be able to offer the new service options to both customers and businesses towards the end of the year. Starlink, operated by Musk's SpaceX, has built a fast-growing network of more than 3,500 satellites in low-Earth orbit that can provide connectivity in remote areas.
Persons: Elon Musk's, Rishav Chatterjee, Krishna Chandra Organizations: Telstra Group, Telstra, Lines, Musk's SpaceX, Thomson Locations: Bengaluru
Analyst Jamie Franklin initiated coverage of the steel producer known for its pipes business at a buy rating. His price target of $41.80 for U.S.-listed shares implies upside of 46.6%. U.S.-listed shares were up nearly 3% on Thursday. But international pricing is improving, and the company had nearly 40% of sales outside of North America in 2022, according to Jefferies. Franklin said Tenaris has a remarkable operational delivery record, with EBITDA margins over 20% on average in the last decade.
Persons: Tenaris, Jefferies, Jamie Franklin, Franklin, — CNBC's Michael Bloom Organizations: Services, TEN, Jefferies, Vallourec S.A Locations: U.S, Tenaris, Milan ., North America
JOHANNESBURG, June 27 (Reuters) - Technology investor Naspers (NPNJn.J) on Tuesday reported a 78% slump in annual profit, led by a drop in the contribution from China's Tencent (0700.HK) which accounts for the bulk of earnings and revenue for the South African investor. Its headline earnings per share, a profit measure, from continuing operations dropped to 119 U.S. cents for the year ended March 31, from 547 cents posted a year ago. Naspers, which has its global investments housed in Amsterdam-listed Prosus (PRX.AS), , draws over two-thirds of its revenue from Tencent. It posted revenue of $6.8 billion and its losses from ecommerce businesses including classifieds, fintech and food delivery came to $639 million. Reporting by Promit Mukherjee; editing by Edmund Klamann and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Naspers, China's Tencent, Promit Mukherjee, Edmund Klamann, Jason Neely Organizations: Technology, HK, South, Thomson Locations: JOHANNESBURG, Amsterdam, Tencent
When “Padam Padam,” the Australian pop star Kylie Minogue’s 77th (77th!) people, especially gay men, greeted the campy song with gleeful incredulity, and its infectious chorus quickly spawned memes upon memes upon memes. We asked several D.J.s who are booked to spin for Pride events in New York for their thoughts on the inescapable dance gem and their remix recommendations. Kim Chi“RuPaul’s Drag Race” contestant and D.J., 35I will absolutely be playing “Padam Padam” this weekend. The “Padam Padam” craze might have started off as a meme, but also it’s making a new generation of kids discover her, and that’s thrilling to see.
Persons: , Kylie Minogue’s, gleeful incredulity, Kim Chi, Kylie Minogue Locations: Australian, Los Angeles, Chicago, Provincetown, Mass, New York, U.S.A
[1/2] Shoppers walk with Steve Madden bags as pre-Thanksgiving and Christmas holiday shopping accelerates at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S. November 22, 2019. The Steve Madden sneakers feature an "S" design that is likely to mislead consumers into thinking Skechers made or endorsed them, the lawsuit said. Representatives for Steve Madden did not immediately respond to a request for comment Wednesday. Manhattan Beach, California-based Skechers asked the court to order Steve Madden to stop the alleged misuse of its trademarks and requested an unspecified amount of money damages. Skechers also sued Long Island City, New York-based Steve Madden in 2015 for allegedly infringing several design patents covering aspects of its sneakers.
Persons: Steve Madden, King, King of Prussia, Mark Makela, Skechers, Steve Madden's, Berkshire, Hermes, Steven Madden, Daniel Petrocelli, Jeffrey Barker, O'Melveny, Myers, Brooks, Hermès, Blake Brittain Organizations: REUTERS, Manhattan, Nike, Adidas, Berkshire Hathaway, Brooks Sports, Inc, Steven Madden Ltd, Central, Central District of, Thomson Locations: Prussia, King, King of Prussia , Pennsylvania, U.S, Los Angeles, Manhattan Beach , California, Long Island City , New York, Central District, Central District of California, NY, Washington
June 21 (Reuters) - The Australian Competition Tribunal has upheld a decision to block a network sharing agreement between wireless internet firms Telstra Group (TLS.AX) and TPG Telecom (TPG.AX), TPG said on Wednesday. The Australian Competition and Consumer Commission (ACCC) had ruled against the plan in December, saying it would bring "a real risk that TPG and Optus will invest less in critical infrastructure". Optus, the country's No. 2 wireless internet provider and which is owned by Singapore Telecommunications (STEL.SI), had opposed the deal, saying it would build Telstra's market dominance. Reporting by Harish Sridharan in Bengaluru; Editing by Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.
Persons: Harish Sridharan, Subhranshu Sahu Organizations: Australian, Telstra Group, TPG Telecom, TPG, Australian Competition, Consumer Commission, Optus, Singapore Telecommunications, Thomson Locations: Bengaluru
Auto firms have been slow to plan for graphite shortages, focusing mainly on better-known battery materials lithium and cobalt, even though graphite is the largest battery component by weight. Graphite shortages are expected to rise in coming years, with a global supply deficit of 777,000 tonnes expected by 2030, Project Blue projections showed. China produces 61% of global natural graphite and 98% of the final processed material to make battery anodes, BMI said. Agreeing graphite supply deals is complex, requiring extensive safety testing for material going into each model of EV that can take up to three years. Natural graphite anodes tend to be cheaper and are beneficial for cell capacity and power output, allowing cars to run further distances before charging.
Persons: Tomas Bergman, Handout, there's, Mark Thompson, Australia's, Northvolt, Thompson, Talga, Mercedes, Brent Nykoliation, Tesla, George Miller, Reitumetse, Eric Onstad, Veronica Brown, Sharon Singleton Organizations: Talga Group, Reuters, Mercedes, Auto, Australia's Talga, BMO Capital Markets, Benchmark Mineral Intelligence, BMI, Reuters Graphics, Toyota, Ford, Tesla Inc, Toyota Motor Corp, Ford Motor, Benz, Renault, NextSource, Syrah Resources, Magnis Energy Technologies, U.S, European Union, Thomson Locations: Norrbotten, Sweden, China, Madagascar, Mozambique, United States, Europe, U.S, Mauritius, CHINA, Western
Tomas Bergman/Handout via REUTERSLONDON, June 21 (Reuters) - Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses. Below are details of some Western companies producing, or planning to produce graphite, and their deals with auto makers and battery producers. It aims to start annual production at a battery anode plant in Mauritius in 2024 at 3,600 metric tons. SYRAH RESOURCES LTD (SYR.AX)Operates Balama mine in Mozambique, which doubled graphite production to 163,000 metric tons in 2022 from the year before. MAGNIS ENERGY TECHNOLOGIES LTD (MNS.AX)Developing Nachu graphite mine in Tanzania, aiming to produce 236,000 metric tons of graphite concentrate.
Persons: Tomas Bergman, Handout, steelmaker Thyssenkrupp, Talga, Magnis, Tesla, China's, Eric Onstad, Sharon Singleton Organizations: Talga Group, Reuters, REUTERS LONDON, INC, TALGA, Automotive Cells Company, ACC, Stellantis, Mercedes, Benz, Renault, LG Energy, Ford Motor Company, SK, MONDE, Panasonic Energy, Thomson Locations: Norrbotten, Sweden, China, Madagascar, Mauritius, Lulea, Mozambique, U.S ., Louisiana, Tanzania, United States, New York, South Australia, Macquarie, Canada, India, Alabama, Coosa
2 wireless internet provider owned by Singapore Telecommunications (STEL.SI). TPG said it would review the tribunal's decision before considering its options for further appeal, including a judicial review in the Federal Court. Telstra shares were up 0.7% in early trade, while TPG's shares fell as much as 10.8%, the biggest intraday decline since August 2022. Optus, which had previously opposed the deal on the grounds it would build Telstra's market dominance, said it welcomed the tribunal's decision. "The tribunal's decision was a decisive move for competition in the sector," Commpete Chair Michelle Lim said.
Persons: Vicki Brady, Kelly Bayer Rosmarin, Commpete, Michelle Lim, Harish Sridharan, Subhranshu Sahu, Jamie Freed, Sherry Jacob, Phillips Organizations: Companies Telecom, Optus, TPG Telecom, TPG, Telstra, Australian Competition Tribunal, Telstra Group, Australian Competition, Consumer Commission, Singapore Telecommunications, ACCC, ACT, Thomson Locations: Bengaluru
The referendum, which comes amid a wider reckoning over race relations, proposes to change the constitution and establish an advisory body called the Indigenous Voice to Parliament to give Indigenous Australians a direct say in policies that affect them. Five of those polled were funding or planned to fund the "Yes" campaign, while none endorsed nor were contributing to "No". Commonwealth Bank told Reuters it plans to fund the "Yes" campaign and had hosted two panel discussions with Indigenous speakers. Rio Tinto, which faced criticism in 2020 for destroying Indigenous rock shelters, said the Voice would bring an "additional lens" to government decision-making. Aurora Milroy, a lecturer in Indigenous affairs at the University of Western Australia, said supporting the Voice was easy publicity for companies.
Persons: Rita Wright, Loren Elliott, Anthony Albanese, Intifar Chowdhury, Albanese, Meg O'Neill, Ross Piper, Baker McKenzie, Thomas Mayo, Kate Gillingham, Peter Dutton, Coles, Rio Tinto, Fortescue, Aurora Milroy, Byron Kaye, Praveen Menon, Melanie Burton, David Crawshaw, Devayani, Anant Chandak, Veronica Khongwir, Sujith Pai Organizations: Australian, REUTERS, Australia's, BHP, Rio Tinto, Woodside Energy, Commonwealth Bank of Australia, Labor, Voice, National, Nine Entertainment, Reuters, Commonwealth Bank, Ethical Investment, Qantas, Australian Financial, Liberal, Fair Australia, Miners, Fortescue Metals, University of Western, Thomson Locations: Sydney, Australia, Rio, Western Australia, Woodside, Queensland, University of Western Australia, Melbourne
US lawmakers call for S.Africa to lose summit over Russia ties
  + stars: | 2023-06-13 | by ( ) www.reuters.com   time to read: +3 min
Referring to the letter, South African foreign ministry spokesman Clayson Monyela said on Twitter: "There is no decision by the State Department/White House to move the AGOA Forum from SA." South Africa's Department of Trade and Industry, which manages the country's trade relations with the United States, said it was not planning to respond publicly to the letter. South Africa's government has declared its neutrality in the war in Ukraine, and President Cyril Ramaphosa is participating in an effort by African leaders to mediate in the conflict. The lawmakers also appeared to back up an accusation by the U.S. ambassador to South Africa that a sanctioned Russian vessel collected weapons at a South African naval base last year. South African officials say they are not aware of such an arms transfer and have launched an independent inquiry into the incident.
Persons: Russia S.Africa, Antony Blinken, AGOA, Clayson Monyela, Cyril Ramaphosa, Vladimir Putin, Antony Blinken's, Joe Bavier, Carien du, William Maclean Organizations: AGOA, Twitter, State Department, White, SA, Africa's Department of Trade and Industry, South, International Criminal, U.S, Thomson Locations: Johannesburg, U.S, Africa, Washington, Russia, JOHANNESBURG, South Africa, South, Nigeria, Ukraine, United States, China, Russian
Stellantis SPAC deal has suitably decent airbags
  + stars: | 2023-06-12 | by ( ) www.reuters.com   time to read: +2 min
LONDON, June 12 (Reuters Breakingviews) - Carmakers are in a race to lock in battery metals like lithium. For shareholders, the risk is that they tie up capital in expensive supply deals, or mines in far-flung locations with poor governance. Stellantis’s (STLAM.MI) investment in a London-based special purpose acquisition company deal looks like a neat fix to those challenges. In a complex deal, halfway between an IPO and a SPAC takeover, it will buy the Serrote and Santa Rita mines in east Brazil for $1.1 billion. Besides the original SPAC investors, the bulk of that will likely come from a public offering, and new anchor investors like Stellantis.
Persons: Nat Rothschild’s Vallar, Artem Volynets, Neil Unmack, Xavier Niel, George Hay, Oliver Taslic Organizations: Reuters, Twitter, Brookfield, Thomson Locations: London, Santa, Brazil, Teck, China
Cunningham says raising funds will almost always take more time and labor than you expect, so stay persistent, patient and proactive. One of the greatest challenges of entrepreneurship is raising money for your startup, especially if you don't have an established network of venture capitalists (VCs) to rely on. Dedication and follow-ups: Raising funds requires significant effort and labor. I've said it once already, and I'll say it again: Raising funds will almost always take more time and labor than you expect. Allow ample time for the fundraising process, leverage your founder network, create a compelling pitch deck, and craft personalized outreach messages.
Persons: Jackson Cunningham, Cunningham, VCs, Dave — we're, I've Organizations: DTC, Founders, Future Equity Locations: VCs
9 New Books Coming in June
  + stars: | 2023-06-01 | by ( Joumana Khatib | ) www.nytimes.com   time to read: 1 min
All the Sinners Bleed, by S.A. CosbyCosby follows his earlier thrillers “Razorblade Tears” and “Blacktop Wasteland” with a rural, hair-raising crime story. Titus Crown, a former F.B.I. agent, has returned to his Virginia hometown and become the rare Black sheriff in the area. A beloved white high school teacher is killed, bringing to light a much darker crime: The teacher was part of a group that tortured and killed Black children, and one of his conspirators is still at large. As Crown investigates, each twist is a reminder that, in Cosby’s telling, “no place was more confused by its past or more terrified of the future than the South.”Flatiron, June 6
Persons: Cosby Cosby, , Titus Crown, Black, ” Flatiron Organizations: S.A Locations: Virginia, Cosby’s,
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