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☆ Prince Harry Loses Legal Challenge Over Security Downgrade
▼ + stars: | 2024-02-28 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Prince Harry lost a long-running legal battle over the downgrading of his security in Britain, as a High Court judge ruled on Wednesday that the British government was entitled to change the level of police protection for a member of the royal family who was no longer carrying out official duties. It was a stinging setback for Harry, who has waged a series of legal battles on both his security and privacy. Harry lost his automatic taxpayer-funded protection from the Metropolitan Police when he and his wife, Meghan, stepped back from royal duties in 2020, eventually relocating to Southern California. The prince has argued that he cannot safely visit Britain with his family without that higher level of protection. Last May, in a parallel legal case, he lost a bid to pay for police protection out of his own pocket.

Persons: Prince Harry, Peter Lane, Harry, Meghan Organizations: The, Metropolitan Police Locations: Britain, London, Southern California

☆ What to watch for in the Michigan presidential primaries
▼ + stars: | 2024-02-27 | by ( Gregory Krieg | Eric Bradner | ) edition.cnn.com time to read: +10 min

“This is not an anti-Biden campaign,” Layla Elabed, a leader of the Listen to Michigan campaign, told CNN. Here’s what to watch for in Michigan:The first ballot test of Biden’s Israel strategyJust how committed are Michigan Democrats to Biden? Republicans opposed an earlier Michigan primary, and it violated Republican National Committee rules limiting which states can hold contests before March 1. After Democrats who control the legislature and the governor’s office moved the Michigan primary to February 27 despite GOP opposition, the RNC and Michigan GOP came up with the hybrid model. Tests for Biden, Trump in key stateThe drama within both the Democratic and Republican contests is playing out in one of the nation’s most important presidential swing states.

Persons: Joe Biden’s, Israel –, Health –, Israel, Biden, Donald Trump, Hillary Clinton, uncommitted, ” Layla Elabed, “, It’s, ”, Nikki Haley, Trump, –, Haley, Benjamin Netanyahu’s, Netanyahu, Abdullah Hammoud, Joe Biden, Franklin Delano Roosevelt, ” Hammoud, Biden –, ” Biden, Seth Meyers, “ We’re, it’s, —, Pete Hoekstra, Kristina Karamo, Hoekstra, Gretchen Whitmer Organizations: CNN, Hamas, Health, Biden, Republican, Trump, South Carolina Gov, Republicans ’, GOP, Michigan Democrats, Gaza’s Ministry of Health, United Nations, White, Dearborn, New York Times, ” Movement, ” CNN, Michigan Republican, Michigan, Republicans, Committee, RNC, Michigan GOP, Democratic, United Auto Workers, Black Locations: Michigan, Gaza, Dearborn, South Carolina, Israel, United States, Trump, — demoting Iowa, New Hampshire, Nevada, Grand Rapids, Detroit, Pennsylvania, Wisconsin

☆ Opinion | Just How Many People Will Die From Climate Change?
▼ + stars: | 2024-02-22 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

How deadly could climate change be? Last fall, in an idiosyncratic corner of the internet where I happen to spend a lot of time, an argument broke out about how to quantify and characterize the mortality impact of global warming. The claim was quickly picked apart by experts: “An oft-quoted adage within the climate-modeler community is that garbage in equals garbage out,” the climate advocate Mark Lynas wrote. But it did make me wonder: How big would the number have to be to strike you as really big? If you include premature deaths from the air pollution produced by the burning of fossil fuels, you may well get estimates stretching into the hundreds of millions.

Persons: Roger Hallam —, ” Hallam, Mark Lynas, “ Organizations: BBC

☆ Market's comfortable with the current rate environment and resilient consumer, says JMP's Lehmann
▼ + stars: | 2024-02-22 | 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 EmailMarket's comfortable with the current rate environment and resilient consumer, says JMP's LehmannMark Lehmann, JMP Securities head of citizens, joins 'Money Movers' to discuss the market's recent pivot around one bellwether stock, the market's ability to decouple from rate worries, and if equity markets will be more comfortable with the rate environment throughout the year.

Persons: JMP's Lehmann Mark Lehmann Organizations: JMP Securities

☆ Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles
▼ + stars: | 2024-02-19 | by ( Don Clark | Ana Swanson | ) www.nytimes.com time to read: +1 min

In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production. The much ballyhooed project outside Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data. Then last summer, TSMC pushed back initial manufacturing at its first Arizona factory to 2025 from this year, saying local workers lacked expertise in installing some sophisticated equipment. Last month, the company said the second plant wouldn’t produce chips until 2027 or 2028, rather than 2026, citing uncertainty about tech choices and federal funding. Progress at the Arizona site partly depends on “how much incentives that the U.S. government can provide,” Mark Liu, TSMC’s chairman, said in an investor call.

Persons: —, Biden’s, TSMC, ” Mark Liu Organizations: Taiwan Semiconductor Manufacturing Company, Phoenix Locations: Arizona, U.S, Phoenix —

Opinion What Sourdough Taught Me, in the Pandemic and BeyondInside one tablespoon of active sourdough starter, the fermented culture made of flour and water used for thousands of years to leaven bread, there are billions of microorganisms. How to create a sourdough starter Repeat until bubbling with life. Add flour, water and salt. Add flour, water and salt. To avoid this exponential growth, a portion of sourdough starter is traditionally discarded at every feeding, which means there’s plenty to go around.

Persons: ”, —, Seamus Blackley, . Kan, they’ve, “, Caesar, cura, Jesus, John, we’ve, Thomas White, Gazans, Alice Spearman, Germany Chiara G, Netherlands Anna Celda Czechia Veronika Moravcikova, Allie Wist, we’re Organizations: U.S, International New York, Penn, Ala . Iowa Miss, Okla . Texas Colo, Okla . Texas Colo . Puerto Rico Wyo, Utah Idaho Mexico Ariz, Great, Netherlands France Belgium Denmark, Poland Latvia Slovenia, Poland Latvia Slovenia Italy Croatia, . Connecticut Massachusetts Rhode Island New Jersey New Hampshire Vermont Pennsylvania, . Connecticut Massachusetts Rhode Island New Jersey New Hampshire Vermont Pennsylvania Maryland Delaware D.C, Maine Virginia, Maine Virginia West Virginia Ohio, Maine Virginia West Virginia Ohio North Carolina Michigan Indiana South, Maine Virginia West Virginia Ohio North Carolina Michigan Indiana South Carolina Kentucky Tennessee Wisconsin Illinois, Alabama Iowa Mississippi Minnesota Florida Arkansas, Canada Louisiana Nebraska Kansas Oklahoma, Canada Louisiana Nebraska Kansas Oklahoma Texas Colorado, Canada Louisiana Nebraska Kansas Oklahoma Texas Colorado Puerto Rico Wyoming, Portugal Spain, Supermarkets, United Nations, BBC, Alice Spearman Canada Locations: Barthelme, Conn, R.I . N.J, N.H . Vt, Md, Del, D.C, Maine Va, W.Va . Ohio N.C, Mich, Ind, S.C . Ky, Tenn, Wis, Ill, Ala . Iowa, Minn, Fla, Canada, Okla . Texas, Okla . Texas Colo . Puerto Rico, Mont, N.M, Utah Idaho Mexico, Ore, Calif, Iceland, Portugal Spain, Netherlands France Belgium, Netherlands France Belgium Denmark Luxembourg Sweden Germany Brazil Switzerland, Poland Latvia, Poland Latvia Slovenia Italy, Poland Latvia Slovenia Italy Croatia Hungary Bulgaria Greece Hawaii, Argentina, China Bhutan India South Africa, Malaysia Singapore, Australia, . Connecticut Massachusetts Rhode Island New Jersey New Hampshire Vermont, . Connecticut Massachusetts Rhode Island New Jersey New Hampshire Vermont Pennsylvania Maryland Delaware, Maine, Maine Virginia West Virginia, Maine Virginia West Virginia Ohio North Carolina, Maine Virginia West Virginia Ohio North Carolina Michigan Indiana South Carolina Kentucky Tennessee Wisconsin, Maine Virginia West Virginia Ohio North Carolina Michigan Indiana South Carolina Kentucky Tennessee Wisconsin Illinois Georgia, Alabama Iowa Mississippi Minnesota, Canada Louisiana Nebraska Kansas Oklahoma Texas, Canada Louisiana Nebraska Kansas Oklahoma Texas Colorado Puerto Rico, Canada Louisiana Nebraska Kansas Oklahoma Texas Colorado Puerto Rico Wyoming Montana New Mexico, Utah Idaho Mexico Arizona Nevada Washington Oregon California Iceland, Portugal, Portugal Spain France The Netherlands Belgium Denmark Luxembourg Sweden Germany Brazil Switzerland, China Bhutan India, Africa, Uruk, France, Tunisia, Egypt, Syria, Ukraine, Gaza, Germany, Netherlands

☆ Rishi Sunak Back in Hot Seat After Losses, but His Ouster Is Unlikely
▼ + stars: | 2024-02-16 | by ( Mark Landler | Stephen Castle | ) www.nytimes.com time to read: +1 min

Prime Minister Rishi Sunak of Britain could find himself in a familiar predicament after his Conservative Party went down to defeat in parliamentary elections in two districts on Thursday: isolated, embattled and the subject of whispered plotting by restive Tories bent on pushing him out for a new leader. The crushing loss of two seats in once-reliable Conservative areas capped another dismal week for Mr. Sunak. Economic data confirmed on Thursday that Britain had fallen into recession at the end of last year, undermining one of the prime minister’s five core pledges — that he would recharge the country’s growth. Yet the scheming against Mr. Sunak, analysts said, is no more likely to go anywhere than it has during his previous leadership crises. However desperate the political straits of the Conservatives, they would find it hard, at this late stage, to replace their languishing prime minister with someone else.

Persons: Rishi Sunak, Sunak, Liz Truss, Boris Johnson — Organizations: Conservative Party, Conservatives, Conservative Locations: Britain

☆ Conservatives Suffer Setback in Parliamentary Election in Britain
▼ + stars: | 2024-02-15 | by ( Stephen Castle | Mark Landler | ) www.nytimes.com time to read: 1 min

Britain’s governing Conservative Party has lost the first of two parliamentary elections in a new blow to its embattled leader, Prime Minister Rishi Sunak, whose future has been questioned by critics within his fractious political party. The Conservatives were defeated in Kingswood, near Bristol, by 8,675 to 11,176 votes, losing a seat that the party had previously held. Votes were cast Thursday to replace two Conservative lawmakers who had quit Parliament, with the first set of results announced early Friday morning. With a general election expected later this year, the result is likely to compound Mr. Sunak’s difficulties at a time when the British economy is shrinking, interest rates are high, and Britain’s health service seems to be in a state of almost permanent crisis. Opinion polls show his party trailing the opposition Labour Party by double-digit margins.

Persons: Rishi Sunak Organizations: Conservative Party, Conservatives, Labour Party Locations: Kingswood, Bristol, British

☆ The U.K. Labour Party’s Worst Enemy Might Be Itself
▼ + stars: | 2024-02-14 | by ( Mark Landler | Stephen Castle | ) www.nytimes.com time to read: +1 min

These days, the only thing that can stop the Labour Party, it seems, is the Labour Party. For more than a year, the leader of Britain’s main opposition party, Keir Starmer, has sat on a double-digit lead in the polls over the Conservative Party. “The question is, can he come back next week fighting?”Labour still holds a double-digit lead over the Conservatives in polls. It could swiftly regain its stride with victories in two parliamentary by-elections on Thursday, both of which it is expected to win. But Labour’s setbacks are a reminder that with a general election still at least a few months away, Mr. Starmer cannot take anything for granted.

Persons: Britain’s, Keir Starmer, Starmer, “ Keir, ”, John McTernan, Rishi Sunak Organizations: Labour Party, Conservative Party, Manchester soccer, Britain’s Premier League, Labour, Conservative Locations: Israel, Man

☆ Higher rates raising ‘downside risks’ for regional banks, warns Bank of America
▼ + stars: | 2024-02-14 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The danger of higher rates for longer following the latest hot inflation reading raises the "downside risk" for regional banks, according to Bank of America. "Fewer and later Fed rate cuts pose downside risk to bank stocks," analyst Ebrahim Poonawala wrote in a Tuesday note. "We are especially concerned about the failure of the broader market to project the trajectory of interest rates – a consistent theme since the Fed began raising interest rates in March 2022." "We worry about the risk from no rate cuts in 2024 and a far more elevated level of interest rates across the UST yield curve," Poonawala added. Net interest margin is the difference between the interest banks earn on loans and pay on deposits.

Persons: Ebrahim Poonawala, Poonawala, Goldman Sachs, BNY Mellon, — CNBC's Michael Bloom Organizations: Bank of America, Federal, Treasury, Silicon Valley Bank, Fed, UST, Regional Banking, Regional Banking ETF, JPMorgan, BNY, U.S . Bancorp, First Bancorp Locations: Silicon, U.S, Puerto Rico

☆ McCarthy foes face blowback as primary threats grow and GOP donors shut wallets
▼ + stars: | 2024-02-11 | by ( Melanie Zanona | Manu Raju | ) edition.cnn.com time to read: +12 min

CNN —Donors no longer want to contribute to their campaigns. So we obliged her,” one House Republican told CNN. Rep. Tim Burchett of Tennessee told CNN some “very wealthy folks” shut their wallets to him in the aftermath of his vote. “If you’ve watched, just her philosophy and the flip-flopping, I don’t believe she wins reelection,” McCarthy told CNN. “We are an incumbent-driven organization and support all House Republican incumbents call,” said a spokesman for the National Republican Campaign Committee.

Persons: Kevin McCarthy, Manu Raju ”, Nancy Mace, Bob Good, Matt Rosendale, McCarthy, Mace, “ I’m, Trump, Kevin McCarthy’s, ” Mace, “, ”, Ron DeSantis, Donald Trump, Good, Mace aren’t, Tim Burchett, “ They’ve, ” Burchett, I’m, Burchett —, —, “ He’s, I’d, Andy Biggs of, Biggs, Matt Gaetz, ” Biggs, Bob, Nancy, Mike Johnson, “ McCarthy couldn’t, ” Gaetz, he’s, Gaez, Drew Angerer, Brian O, Walsh, you’ve, Catherine Templeton, John McGuire, Jeff Miller, Marjorie Taylor Greene, McGuire, Tim Sheehy, Rosendale, McCarthy’s, Mark Lamb, Eli Crane, Lamb, Crane, hasn’t, ” Crane, “ Crane, there’s, Mace —, Mace doesn’t, ” McCarthy, Tom Williams, Johnson, Greg Steele, CNN’s David Wright, Sam Fossum, Morgan Rimmer Organizations: Republicans, CNN, Capitol, GOP, Senate, Good, Main Street Caucus, Republican Governance Group, Republican, 1st Congressional District, Freedom Caucus, Florida, ”, Politico, Navy SEAL, Montana Senate, Trump’s, Burchett, Tennessee Republican, Caucus, National Republican Campaign Locations: Washington, South Carolina, Virginia, Montana, Tennessee, Andy Biggs of Arizona, Florida, Washington ,, Marjorie Taylor Greene of Georgia, Rosendale, California, Arizona, Crane, Trump’s Nevada, Las Vegas, Israel

LAS VEGAS (AP) — In a short film shown at the end of the Super Bowl halftime performer news conference, the show’s headliner Usher comes up missing. ?” It’s one of the many creative projects from Apple Music, which has made a concerted effort to amplify the anticipation around Sunday's halftime show. Since Apple Music became the halftime show sponsor, the streaming service is pushing to leave an influential mark like never before. As Usher prepares to headline this year's festivities, Apple Music created a strategic plan before he hits the Super Bowl stage. Between Apple Music, Apple Music Radio, the talent who have a deep understanding of music and culture and obviously Apple's ecosystem, I think we can amplify that.”Leading up to Sunday, it's all about Usher.

Persons: Usher, Ludacris, Lil Jon, Taraji, Henson, “ We’re, ”, Oliver Schusser, Schusser, ” Schusser, “, Rihanna —, “ It's, Jermaine Dupri, Tiësto, Nadeska Alexis, Lil Wayne, Estelle, Tor Myhren, ” Myhren, there's Organizations: LAS VEGAS, Super, Apple Music, Pepsi, Apple, NFL, Jay, Apple Music Radio

☆ Passengers heard a 'whistling sound' on a previous flight on the same Boeing 737 that lost its door plug, lawsuit says
▼ + stars: | 2024-02-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A lawsuit says a "whistling sound" previously came from the door plug of the Alaska Airlines blowout jet. "This plane was a ticking bomb," the attorney, who is representing passengers on the flight, said. The 737 Max 9 left Boeing's factory missing key bolts designed to secure the plug, the NTSB said. AdvertisementA "whistling sound" came from the door plug on a previous Alaska Airlines flight on the same jet involved in last month's blowout, a lawsuit says. "This plane was a ticking bomb," said Mark Lindquist, an attorney representing 22 passengers who were on board Alaska Airlines Flight 1282.

Persons: Max, —, Mark Lindquist, Lindquist Organizations: Alaska Airlines, NTSB, Service, Alaska, Business

☆ Prince Harry Gets Damages in Hacking Case and Calls Out Piers Morgan
▼ + stars: | 2024-02-09 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Prince Harry has settled his privacy claims against a British tabloid publisher, his lawyer told a London court on Friday, two months after a judge found the publisher guilty of “widespread and habitual” hacking of the prince’s cellphone. It was as much a financial victory as a symbolic one, which could help defray the legal costs that Harry has run up in years of litigation against the tabloids. In addition to paying for the costs of the case, the Mirror Group would pay additional “significant” damages, the prince’s lawyer, David Sherborne, said. “We have uncovered and proved the shockingly dishonest way in which the Mirror acted for so many years,” Harry said in a statement read by Mr. Sherborne outside the high court. Harry, who did not attend the hearing, said he would continue his “mission” of exposing what he called the corrupt practices of the tabloids.

Persons: Prince Harry, Harry, David Sherborne, “, ” Harry Organizations: Mirror Locations: London, Harry’s, Sherborne

PORTLAND, Ore. (AP) — A “whistling sound” was heard on a previous flight of the Boeing 737 Max 9 whose door plug blew out during an Alaska Airlines flight last month, an attorney representing passengers in a lawsuit said in new court documents. On Wednesday, he filed an amended complaint that adds 18 additional passenger plaintiffs and includes the new allegations concerning the previous flight. He did not specify who they were and declined to confirm whether they were passengers or crew members on the previous flight. He also declined to specify when the previous flight occurred. She cautioned, however, that the pressurization light might be unrelated to the door plug blowout.

Persons: Mark Lindquist, Lindquist, “, ”, Max, Jennifer Homendy Organizations: Boeing, Max, Alaska Airlines, Court, Associated Press, AP, National Transportation Safety, NTSB, Alaska, Federal Aviation Administration Locations: PORTLAND, Portland , Oregon, Washington state's King County, Max, Alaska, United

The 41-year-old heir to the throne temporarily stepped away from public duties last month to help care for Kate and their children following her operation for an undisclosed condition. The Princess of Wales, formerly Kate Middleton, isn’t expected to resume public duties until April. But Charles’ cancer diagnosis earlier this week is putting extra pressure on the royal family, with the king suspending his own public appearances to focus on treatment and recovery. While receiving treatment for an unspecified form of cancer, Charles will continue with behind-the-scenes work such as reviewing and signing state papers. Harry arrived in London from California less than 24 hours after Buckingham Palace announced the king’s cancer diagnosis.

Persons: William, Kate, Kate Middleton, isn’t, Charles ’, Charles, “, ”, Sally Bedell Smith, “ Prince Charles, Princess, Prince Harry, Harry, Meghan Markle, Meghan Organizations: Windsor, London’s Air Ambulance, Clarence House, Buckingham Locations: Wales, Windsor, London, California

☆ King Pushed for Transparency on Diagnosis. He Raised Questions in the Process.
▼ + stars: | 2024-02-06 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

When Buckingham Palace announced on Monday that King Charles III had been diagnosed with cancer and would halt his public engagements to undergo treatment, it predictably set off a storm of questions. What kind of cancer? What form of treatment? And the essential, if often unspoken, question when a patient faces a potentially existential health threat: Would he survive? The palace, paradoxically, fueled this frenzy by disclosing more about the king’s medical condition than it had for Queen Elizabeth II or any other previous British monarch.

Persons: Buckingham, King Charles III, Queen Elizabeth II, Charles himself Locations: British

☆ Trump attacked her as a 'co-judge;' now NY law clerk Allison Greenfield is on her way to becoming an actual judge
▼ + stars: | 2024-02-06 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Allison Greenfield, principal law clerk in Trump's NY fraud case, is hoping to be elected judge. AdvertisementDonald Trump has attacked her as a biased "co-judge—" claiming she secretly runs the show at his New York civil fraud trial — but now principal law clerk Allison Greenfield is well on her way to becoming a judge in her own right. Last week, Greenfield cleared the biggest hurdle to the Manhattan civil judgeship she seeks, when local Democratic party leaders rated her "most highly qualified." "The trial clerk in Trump's civil fraud trial, Allison Greenfield, has been viciously targeted by the MAGA crowd with vile rhetoric and death threats," Levine wrote. Advertisement"When the judge speaks, you have to stop speaking," Greenfield told Trump attorney Alina Habba early on, during a 2022 pretrial hearing.

Persons: Allison Greenfield, She's, Trump, —, Donald Trump, Arthur Engoron, Greenfield, ines, J, orth, J r., ric, rump,, lina, abba, egan, ruth S ocial, huck, ike, eing, arn Organizations: Manhattan Democrats, Service, Democratic, ust Locations: Trump's NY, York, Greenfield, Manhattan

☆ King Charles Is Diagnosed With Cancer
▼ + stars: | 2024-02-05 | by ( Mark Landler | More About Mark Landler | ) www.nytimes.com time to read: +1 min

King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment. The palace did not disclose what form of cancer he has, but said the cancer was detected during that procedure. “During The King’s recent hospital procedure for benign prostate enlargement, a separate issue of concern was noted,” the palace said in a statement. “Subsequent diagnostic tests have identified a form of cancer. “The King is grateful to his medical team for their swift intervention, which was made possible thanks to his recent hospital procedure.

Persons: King Charles III, ” Locations: Buckingham, London

☆ These market signals suggest recession fears aren’t gone yet
▼ + stars: | 2024-02-02 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

The Dow Jones Transportation Average, which tracks 20 US transportation stocks from railroads to airlines to delivery, has fallen 1.6% so far this year, underperforming the broader Dow industrials’ 2.2% gain. As that optimism dims, some investors worry that the decline in transportation stocks suggests rough times ahead for the economy. The transportation index tends to fall when the economy deteriorates, as demand for travel and goods wanes. Turmoil in the airline industry also likely contributed to the recent slide in transportation stocks. But net profit fell 14% to €4.9 billion ($5.3 billion) as its tax bill rose.

Persons: CH, , ”, Mark Luschini, Janney Montgomery Scott, Russell, Howard Silverblatt, Dow, effusively, ”, Luschini, Jason Heller, “ I’m, Hanna Ziady, Sewing, Read, Tod Steward, He’s, It’s, Parija Kavilanz, Steward, Steward hasn’t, “, haven’t, that’s Organizations: CNN Business, Bell, New York CNN, Dow Jones Transportation, Dow, CH Robinson Worldwide, United Parcel Service, Avis Budget Group, Alaska Air Group, Federal Reserve, Alaska Airlines Boeing, Max, Apple, Microsoft, Meta, Dow Jones, Tesla, Coastal Wealth, Deutsche Bank, Super Bowl, CNN Locations: New York, Seattle

☆ Having too many options can paralyze investors. Here's how you can overcome 'choice overload'
▼ + stars: | 2024-01-29 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Humans get overwhelmed by too many options, a behavioral finance concept known as "choice overload." How investors encounter choice overloadChristopher Ames | E+ | Getty ImagesIt's not just investing: The choice paradox can extend to things like ice cream flavors and apparel, for example. Given these behavioral biases, retailers and others have evolved, making it less likely consumers will experience choice overload "in the wild" today, said Dan Egan, vice president of behavioral finance and investing at Betterment. Do-it-yourselfers may have about one to two dozen investment options, at most, from which to choose, reducing the choice friction. If you don't give people an easy choice, "it's really hard for them," Blanchett said.

Persons: Philip Chao, Brian Scholl, David Blanchett, Samantha Lamas, Christopher Ames, Sheena Iyengar, Mark Lepper, Dan Egan, Egan, that's, Blanchett Organizations: Sdi, U.S . Securities, Exchange Commission, Investor, Morningstar, Finance Locations: John , Maryland

☆ King Charles Admitted to U.K. Hospital for Prostate Procedure
▼ + stars: | 2024-01-26 | by ( Mark Landler | More About Mark Landler | ) www.nytimes.com time to read: 1 min

King Charles III has been admitted to a London hospital for a procedure to treat an enlarged prostate, Buckingham Palace confirmed on Friday. News images showed Charles arriving around 9 a.m. at the London Clinic, a private hospital, where his daughter-in-law Catherine, Princess of Wales, is recovering from abdominal surgery. Her office in Kensington Palace said she would remain in the hospital for 10 to 14 days to recover. The king’s recovery is expected to be much swifter, though the palace did not say how long he was expected to stay in the hospital. By announcing his elective prostate procedure in advance, the palace said, Charles, 75, hoped to encourage other men with similar symptoms to get checked.

Persons: King Charles III, Buckingham, Charles, Catherine, Princess of, Prince William’s Organizations: Buckingham Palace, London Clinic Locations: London, Princess of Wales, Kensington Palace

☆ Britain Is Lobbying U.S. Republicans on Ukraine. Here’s Why.
▼ + stars: | 2024-01-25 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

When David Cameron, Britain’s foreign secretary and onetime prime minister, visited Washington last month, he took time out to press the case for backing Ukraine with Representative Marjorie Taylor Greene, the far-right Georgia Republican who stridently opposes further American military aid to the country. Last week, Boris Johnson, another former prime minister, argued that the re-election of Donald J. Trump to the White House would not be such a bad thing, so long as Mr. Trump comes around on helping Ukraine. “I simply cannot believe that Trump will ditch the Ukrainians,” Mr. Johnson wrote in a Daily Mail column that read like a personal appeal to the candidate. British diplomats said Mr. Cameron and other senior officials had made it a priority to reach out to Republicans who were hostile to further aid. For reasons of history and geography, Britain recognized that support is not as “instinctive” for Americans as it for the British, according to a senior diplomat, who spoke on condition of anonymity because of the diplomatic sensitivity of the matter.

Persons: David Cameron, Marjorie Taylor Greene, stridently, Boris Johnson, Donald J, Trump, “, ” Mr, Johnson, Cameron Organizations: Georgia Republican, Mail Locations: Washington, Ukraine, Britain, United States

☆ TSMC delays its $40 billion chip project in Arizona, now to be completed in 2027 or 2028
▼ + stars: | 2024-01-19 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

It’s the second time TSMC (TSM), the world’s largest chipmaker, has been forced to push back its plans in the western US state. It announced in 2022 that it would build a second semiconductor plant in Arizona, adding to plans for an existing fab and raising its overall investment in the state from $12 billion to $40 billion. TSMC is also considering whether to open a second facility in Japan. “The second fab in Japan is in serious evaluation stage,” and the firm is holding talks with the government, according to Liu. It cited a boon for the global semiconductor industry from “the rising emergence of generative AI-related applications,” which include popular platforms such as ChatGPT.

Persons: Hong Kong CNN — TSMC, Joe Biden’s, Mark Liu, Liu, Biden, TSMC, “, C.C, Wei Organizations: Hong Kong CNN, Global, Apple, Nvidia Locations: Hong Kong, Arizona, Hsinchu, Taiwan, Dresden, Germany, Europe, Japan, Kumamoto, New York, Taipei

☆ Annie Nightingale, Pathbreaking British D.J., Is Dead at 83
▼ + stars: | 2024-01-19 | by ( Richard Sandomir | ) www.nytimes.com time to read: 1 min

Annie Nightingale, who became the first female disc jockey on BBC Radio 1 in 1970 and remained a popular personality there until her final show, late last year, died on Jan. 11 at her home in London. Her family announced the death in a statement but did not cite a cause. “This is the woman who changed the face and sound of British TV and radio broadcasting forever,” Annie Mac, a longtime BBC Radio D.J., wrote on Instagram after Ms. Nightingale’s death. Ms. Nightingale became well known in music circles in the 1960s as a columnist in British newspapers. And she was a familiar face to stars like the Beatles, whom she interviewed at the Brighton Hippodrome in 1964.

Persons: Annie Nightingale, Annie Mac, Ms, Nightingale, Derek Taylor, Mark Lewisohn Organizations: BBC, BBC Radio D.J, Brighton Hippodrome, Apple, Beatles Locations: London, British

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