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☆ Deutsche Bank shrugs off basket-case mantle
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

Some alighted on Deutsche Bank (DBKGn.DE), the erstwhile whipping boy of European banking. True, the bank’s total deposits fell by 29 billion euros, or roughly 5%, between Dec. 31 and March 31. In Banco Santander’s (SAN.MC) European business, customer deposits also fell roughly 5% over the same period. Meanwhile, three-quarters of corporate banking deposits either have a fixed term or are used as part of the customers’ operations, making them stickier. Deutsche, previously the basket-case of European banking, was always a likely target for investors hunting for the next weak link.

☆ Stubborn Germans leave EU budget reform in a fix
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

BRUSSELS, April 27 (Reuters Breakingviews) - The European Commission’s efforts to appease fiscal hardliners have not yet opened doors for a badly needed reform of the bloc’s fiscal rules. Specifically, Germany does not like a proposal to allow the Commission new flexibility to negotiate budget targets with European Union countries. Although current debt rules have never been enforced – because required cuts would be too punitive to work – Berlin likes their semblance of objectivity. But in the absence of a new system, it will have to go through the motions for 2024, and possibly beyond. Even though that’s less stringent than the current system, France already says it’s too rigid, and Italy wants more exceptions for green investment.

☆ Eli Lilly races rising obesity expectations
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, April 27 (Reuters Breakingviews) - The race is on between Mounjaro’s growth and investors’ burgeoning hopes. The drug made by Eli Lilly (LLY.N), which was approved in May to treat diabetes, reaped an astonishing $569 million of revenue in the first quarter less than a year after it was approved for sale. The results encouraged Lilly to raise its annual profit guidance by 3.5%. The pharmaceutical firm also unveiled alongside its earnings release on Thursday that the drug had its second successful large clinical trial against obesity. With another successful trial under Lilly’s belt, Mounjaro is likely to receive an official green light from the U.S. Food and Drug Administration for use in obesity, and more insurers will subsidize the cost.

☆ Kirin investors find vitamin deal hard to swallow
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

The $15 billion Japanese company is best known as a brewer, but sources more than half its top line from other businesses. Kirin, led by CEO Yoshinori Isozaki, also reckons the deal will be accretive to earnings per share in the first year. Yet investors immediately wiped some $450 million off the purchaser’s market value on Thursday, almost double the premium it agreed to pay Blackmores’ shareholders. Blackmores may yet show Kirin has adopted a better dealmaking regimen, but investors aren’t holding their breath. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Thai zoo breeds endangered vultures hoping to see them soar again
▼ + stars: | 2023-04-25 | by ( Napat Wesshasartar | ) www.reuters.com time to read: +2 min

NAKHON RATCHASIMA, Thailand, April 25 (Reuters) - Four times a day, Thai conservationist Watchiradol Phangpanya puts on a black, long-sleeved shirt, red gloves, and a red balaclava, hoping to imitate an endangered red-headed vulture feeding its baby. [1/3] A new born red-headed vulture is pictured at Nakhon Ratchasima Zoo, Thailand, April 15, 2023. As a scavenger, the red-headed vulture used to play a crucial role in the ecosystem by consuming animal carcasses. After nearly two decades of trying to increase the red-headed vulture population, the zoo is starting to see results, with another egg being incubated by its parents in conservation. "We would like to see the Asian king vulture soar once again through the skies of Thailand," he said.

☆ Sleep gummies: Possibly harmful doses of melatonin, CBD found
▼ + stars: | 2023-04-25 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

CNN —Testing of over two dozen melatonin “gummies” sold as sleep aids found some had potentially dangerous amounts of the hormone that helps regulate sleep, according to a new study. “Four of the tested products contained levels of CBD that were between 4% and 18% higher than on the label,” Cohen said. “We choose gummies over other products because we thought parents would chose edibles to give to their children,” Cohen said. Gummies sold as sleep aids had much higher levels of melatonin than stated on the label, as well as CBD, according to the study. “However, that doesn’t mean melatonin products are going to work or they’re a good idea to take.

As emergency doctors, here are seven longevity snacks we eat to stay healthy, full and energized all day:1. HummusChickpeas, the main ingredient in hummus, are high in fiber and a great source of plant-based protein. Studies have found that adding it to your diet can help protect against heart disease, Type 2 diabetes and certain cancers. A 2016 study found that eating more monounsaturated fat reduced the risk of premature death due to disease, compared with eating more carbohydrates. Olives are often soaked in brine, and over time, snacks high in salt can lead to increased blood pressure.

☆ 5 hot beauty trends shaping the future of the industry, according to an influencer who advises companies and an investment fund
▼ + stars: | 2023-03-22 | by ( Nhari Djan | ) www.businessinsider.com time to read: +6 min

The fund, called BrainTrust Founders Studio, invests in Black beauty and wellness companies. Newby scouts for the BrainTrust Founders Studio, which helps fund Black founders of beauty and wellness brands, incubate, and scale their businesses. "That would not have been enough time for a brand to to basically create an entire slugging product," Newby said. "I believe, contrary to many, that red carpet and Fashion Week beauty trends still drive a lot," Newby said. Black skincare brands are evolving their formulas, and will lead the clinical skincare industryAs an investor in Black founders, Newby has noticed that Black skincare brands are developing more advanced formulas.

☆ Asteroid discovery suggests ingredients for life on Earth came from space
▼ + stars: | 2023-03-21 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

[1/3] The carbonaceous asteroid Ryugu is seen from a distance of about 12 miles (20 km) during the Japanese Space Agency's Hayabusa2 mission on June 30, 2018. Scientists said on Tuesday they detected uracil and niacin in rocks obtained by the Japanese Space Agency's Hayabusa2 spacecraft from two sites on Ryugu in 2019. Scientists long have pondered about the conditions necessary for life to arise after Earth formed about 4.5 billion years ago. "It was directly sampled on the asteroid Ryugu and returned to Earth, and finally to laboratories without any contact with terrestrial contaminants." The U.S. space agency NASA during its OSIRIS-REx mission collected samples in 2020 from the asteroid Bennu.

☆ An influencer who scouts for VC firms breaks down 5 beauty industry trends to watch in 2023
▼ + stars: | 2023-03-20 | by ( Nhari Djan | ) www.businessinsider.com time to read: +6 min

The fund is the part of VC firm BrainTrust that invests in Black beauty and wellness companies. Newby shared her top five trends to watch in the beauty industry in 2023. "That would not have been enough time for a brand to to basically create an entire slugging product," Newby said. "I believe, contrary to many, that red carpet and Fashion Week beauty trends still drive a lot," Newby said. Black skincare brands are evolving their formulas, and will lead the clinical skincare industryAs an investor in Black founders, Newby has noticed that Black skincare brands are developing more advanced formulas.

☆ I make about $6,500 donating plasma over 100 times a year, but I don't do it for the money
▼ + stars: | 2023-03-19 | by ( Emily Swaim | Jessica Orwig | ) www.businessinsider.com time to read: +4 min

Patrick Herdener donates plasma twice a week, every week and makes between $50-$70 per donation. Herdener said he started donating for money but the spirit of being helpful motivates him now. To be honest, when I first started donating plasma, the main thing that motivated me was money. I started donating more often when I learned where my plasma was going. Patrick Herdener has been donating plasma twice a week for 13 years.

☆ This luxury trailer in the Hamptons broke records in a $3.75 million sale
▼ + stars: | 2023-03-17 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

A luxury trailer in the Montauk Shores community sold for a record-breaking $3.75 million, which is $5,000 per square foot. In 2022, there weren't any properties for sale in the Montauk Shores community of the Hamptons, New York, but that didn't stop one mystery buyer from making a record-breaking purchase. The trailer is located in Montauk Shores, an oceanfront community in the Hamptons. Since the trailer is in the Montauk Shores residential community, the sale includes access to swimming pools, a recreational center, a playground, and a basketball court. This unit is 150 square feet smaller than the one that sold for $3.75 million.

☆ The 6 best locations for a vending machine if you want to start a 6-figure side hustle
▼ + stars: | 2023-03-17 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

According to the vending entrepreneur Marcus Gram, younger people use vending machines more than other age groups. "Students have access to the vending machines in their dorms 24/7 and even late at night for classes," he said. "Breaks aren't typically long enough for people to go to the store, so they turn to the vending machine." "If you have lashes inside of the vending machine at a hotel, it doesn't necessarily mean that that's going to sell," she said. AirportsAirports have a lot of foot traffic and therefore more opportunity for your vending machine to be visited by travelers.

☆ Alex Jones is trying to swing a bankruptcy plan where he still gets paid $520,000 a year
▼ + stars: | 2023-03-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Conspiracy theorist Alex Jones filed for bankruptcy, but he wants to be paid $520,000 per year. Jones owes around $1.5 billion to the relatives of the Sandy Hook shooting victims. Jones and his company, Free Speech Systems — which he fully owns — filed for bankruptcy separately in December and July, respectively. As part of the bankruptcy proceedings, Free Speech Systems filed a reorganization proposal on Tuesday. It sources some of its products from a company called PQPR Holdings, to which Free Speech Systems owes $54 million.

☆ How healthy imitation crab is compared to other seafood, and what surimi sticks are actually made of
▼ + stars: | 2023-03-07 | by ( Crystal Raypole | ) www.businessinsider.com time to read: +6 min

While imitation crab is more affordable than real crab, it doesn't have as much nutritional value. Once imitation crab hit the markets in the late '70s, it became wildly popular as an affordable alternative to crab meat. Yet while real crab packs a major protein punch, imitation crab doesn't have quite as much nutritional value. Imitation crab contains little or no real crab. Brian Vander Brug / Contributor / Getty ImagesThe rising costs of crab have made imitation crab a more appealing option for many shoppers.

☆ The energy CEO poisoned with cyanide-laced coffee plans to 'lay low' and 'watch out for who invites me to coffee' after losing access to his bodyguard
▼ + stars: | 2023-03-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Eskom's former CEO plans to "lay low" and go abroad for a while after cyanide poisoning. De Ruyter alleged corruption in South Africa's government in an explosive interview last week. He described the incident in greater detail in his TV interview, saying his personal assistant had served him instant coffee because the coffee machine at Eskom's headquarter was being repaired. Since De Ruyter was appointed as CEO in 2019, he has tried to clamp down on corruption in the energy sector. He also pointed to South Africa's governing party, the African National Congress, for the power shortages saying "it's a little bit like a Venn Diagram."

☆ The 5 best locations for a vending machine if you want to start a 6-figure side hustle
▼ + stars: | 2023-03-02 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Vending machines can be a lucrative side hustle for entrepreneurs looking to earn passive income, especially as economic experts warn of a recession this year. According to the vending entrepreneur Marcus Gram, younger people use vending machines more than other age groups. "Students have access to the vending machines in their dorms 24/7 and even late at night for classes," he said. "Breaks aren't typically long enough for people to go to the store, so they turn to the vending machine." "If you have lashes inside of the vending machine at a hotel, it doesn't necessarily mean that that's going to sell," she said.

☆ Kohl's shares sink after big holiday-quarter losses
▼ + stars: | 2023-03-01 | by ( Melissa Repko | ) www.cnbc.com time to read: +4 min

Kohl's shares sunk on Wednesday after the retailer posted a big loss and a sales decline of about 7% in the holiday quarter. Kohl's is not the only retailer that has felt a pullback as consumers spend more on food, housing and other necessities. During that same three-year period, spending at Kohl's fell by 15.4% and profit at the company plummeted by 203%. Kohl's inventory remains elevated, up 4% year over year as of the end of the fourth quarter, the company said. As of Tuesday's close, Kohl's stock is up about 11% this year, outperforming the approximately 3% gain of the S&P 500.

☆ To survive nuclear apocalypse, you may have to eat nothing but mushrooms, rats, and insects
▼ + stars: | 2023-03-01 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

Survivors could farm mushrooms on dead trees, or eat rats and insects. In order to survive, he says, people would need to adopt sunlight-free agriculture — cultivating mushrooms, rats, and insects. Vincent Kessler/ReutersWhile we're using the wood to grow mushrooms, we could use the dead trees' leaves, too, he said. Dead trees can feed other life forms, like rats and insectsRats, much like mushrooms, can digest cellulose, the sugar that makes up 50% of wood. So anything the mushrooms leave behind could be fed to the rats, Walsh suggests.

☆ You can call almond milk 'milk,' but there's a catch, the FDA says
▼ + stars: | 2023-02-23 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Almond milk and other plant-based drinks can be labeled "milk," the Food and Drug Administration said. But if they do, they should explain the nutritional differences between their plant-based milk and cow's milk, the FDA said. It also recommends that plant-based milk makers include a statement on their label clarifying the differences between their product and cow's milk. "We applaud FDA's recognition that consumers understand the difference between plant-based milk and cow's milk and that shoppers choose to purchase plant-based milk specifically because it is not cow's milk," Madeline Cohen, senior regulatory attorney at the Good Food Institute, which advocates for plant-based brands, said in a statement. The National Milk Producers Federation, which represents the US animal milk industry, said the proposed guidance would allow plant-based companies "to continue inappropriately using dairy terminology."

☆ A mystery buyer wanted an 800-square-foot trailer in the Hamptons so badly that they offered a staggering $3.75 million for it
▼ + stars: | 2023-02-23 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

A property in the Hamptons' famed Montauk Shores trailer park is poised to sell for $3.75 million. The current most expensive trailer in Montauk Shores sold for $1.85 million in 2022. Montauk Shores counts hedge-fund manager Dan Loeb and Vitamin Water cofounder Darius Bikoff as residents. If the $3.75 million deal goes through, it would beat the park's sales record by nearly $2 million — surpassing the record set by a $1.85 million sale in 2022. Gold currently reps another property in Montauk Shores, a neighboring trailer pictured here that's on the market for $2 million.

☆ We're having loyal Costco shoppers share their grocery lists with us. Here are their favorite things to buy there.
▼ + stars: | 2023-02-21 | by ( Business Insider | ) www.businessinsider.com time to read: +36 min

Read Abigail Abesamis Demarest's full Costco shopping list: I've shopped at Costco for over 10 years. AdvertisementRead Lisa Tanner's full Costco shopping list: I'm a mom of 10 who's shopped at Costco for almost 20 years. Read Tara Zeller's full Costco shopping list: I drive 4 hours and spend $500 for every Costco trip. AdvertisementRead Majed Kassis' full Costco shopping list: I run a Costco fan account with over 390,000 followers. Read Rachel MacPherson's full Costco shopping list: I'm a personal trainer who shops for a family of 6 at Costco.

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☆ Amazon is the latest threat to Facebook as ad targeting suffers
▼ + stars: | 2023-02-10 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +11 min

"So many people start their shopping on Amazon," Hassett said in an interview. People take selfies in front of the logo of Facebook parent company Meta on November 9, 2022 in Menlo Park, California. Liu Guanguan | China News Service | Getty ImagesFor Loftie, Amazon and Google provide better value because a shopper is showing intent by searching for a particular item. "In the near term, we expect Meta ad share to decline further in '23 given macro headwinds and the pivot to Reels," they wrote. Rachel Tipograph, CEO of marketing technology firm MikMak, said there are other unforeseen costs tied to Amazon advertising.

☆ The best acne treatment for teens, according to dermatologists
▼ + stars: | 2023-01-27 | by ( Vivian Manning-Schaffel | ) www.nbcnews.com time to read: +10 min

| How to treat teen acne | What makes teen acne worse? To help you find the right products for you, we spoke to dermatologists about teen acne treatments and ingredients to look for. The best treatments for teen acne to shop, according to expertsBelow, we gathered expert-recommended face washes and spot treatments that can help improve teen acne. It’s fragrance-free, non-comedogenic and should remove any excess oil, dirt or makeup from the skin, according to the brand. Making sure to minimize or avoid ways that could make acne worse is the key to reducing breakouts, according to our experts.

Autism rates tripled among children in the New York and New Jersey metropolitan area from 2000 to 2016, according to a study published Thursday in the journal Pediatrics. Although there is no medical test for autism, the CDC has established a network of 17 sites across the country that estimate autism rates based on a combination of formal medical diagnoses and records from schools and health care providers. Nationally, the rise in autism rates has been similar to the trend in New York and New Jersey, according to a 2021 CDC report. But there’s probably more to the story: Genetic factors, and perhaps some environmental ones, too, might also be contributing to the trend. Beyond the improvements in diagnostics, genetic factors could be driving up autism cases on their own, experts said.

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