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[1/2] Electric power transmission pylon miniatures and LG Energy Solution logo are seen in this illustration taken, December 9, 2022. LG Energy Solution (LGES) reported an operating profit of 633 billion won ($472.6 million) for the January-March period, up 145% from 259 billion won a year earlier. When asked about rival Chinese battery makers' efforts to enter the U.S. market, LGES Chief Financial Officer Lee Chang-sil said the company would maintain its competitive position in the U.S. LG Energy Solution's revenue for the quarter doubled to 8.7 trillion won, LG Energy said in a regulatory filing. Shares of LG Energy Solution (LGES), carved out of LG Chem Ltd (051910.KS) last year, rose as much as 2.4% in morning trade, outpacing a flat broader KOSPI market (.KS11).
CNN —Nima Momeni, the man accused of killing Cash App founder Bob Lee in San Francisco, intends to plead not guilty next week, his attorney said. “We believe that we have sufficient evidence to prove beyond a reasonable doubt that Mr. Momeni murdered Bob Lee,” Jenkins said. Alleged conversations between Lee and MomeniBob Lee cofounded the mobile payment service provider Cash App. Lee had told Momeni nothing inappropriate happened, according to the document. “Momeni forcefully grabbed her right upper arm and her right side waist area,” Officer Johnson wrote in the report, according to the Chronicle.
Since "Succession" character dubbed this Burberry bag "ludicrously capacious," search for the brand has spiked. One of the show's central characters, Tom Wamsgans, scoffs at the luxury bag, describing it as "ludicrously capacious." Tom Wamsgans' comment about another character's "ludicrously capacious" bag in season four of "Succession" went viral. Macall B. Polay/HBOIn the weeks since the episode aired, searches for "Burberry tote bag" have jumped 310%, according to virtual fitting room company 3DLOOK, per Harper's Bazaar UK. Searches for "Burberry handbag" are up 180%, while "Burberry tote" increased 25%.
Donald Trump stopped by a pizza restaurant in Fort Myers, Florida, after giving a speech. A video shows him offering a half-eaten slice of pepperoni pizza to supporters. Over 100 supporters rushed to see Trump as he stopped to get pizza, causing "pandemonium," according to local outlet Wink News. The former president stopped by the eaterie after giving a speech at the Lee County GOP's 2023 Lincoln-Reagan Dinner. The event included speeches from Rep. Greg Steube, Rep. Byron Donalds, and political operative Roger Stone.
LOS ANGELES, April 19 (Reuters) - "Evil Dead," the popular zombie film franchise, is back for a fifth installment with a mother possessed by a parasitic demon that talks, taunts and devours souls. This twist in "Evil Dead Rise," from traditional mute zombies, is something that director Lee Cronin enjoys. The film follows Ellie, played by Alyssa Sutherland, and her three young children in their Los Angeles apartment. In a dark comedic turn, an evil spirit possesses Ellie and turns her against her family. Reporting by Rollo Ross and Danielle Broadway; Editing by Mary Milliken and Richard ChangOur Standards: The Thomson Reuters Trust Principles.
CNN —It’s sourdough bread and handstands for Jake Gyllenhaal and Jamie Lee Curtis. Curtis, who won best supporting actress Oscar at lthe 2023 Academy Awards, is friends with Gyllenhaal’s parents, director Stephen Gyllenhaal and screenwriter Naomi Foner. He and Jeanne lived in the house next door that I have. “He made a lot of sourdough bread, a lot,” Lee said. It also stars Alexander Ludwig, Antony Starr, Bobby Schofield and Jonny Lee Miller.
Humans are key to responsible AI. Calls to pause AI development centered around the need to make sure we were building responsible AI. But some Big Tech companies laid off responsible AI employees as part of the great cost-cutting sweeping the industry, possibly undermining the greatest tool against unfettered, unchecked AI. Those moves come right as society has come to understand what can happen if AI escapes its guardrails, making AI ethics more important than ever. Here's why humans will help bring responsible AI to fruition.
Salt Labs is a fintech that wants to help hourly workers build wealth. Salt Labs used this 13-page pitch deck to raise a $10 million pre-seed round. "The mission of Salt Labs is to enable hourly workers to own the long-term value of their work," Jason Lee, founder and CEO of Salt Labs, told Insider. Salt Labs announced a $10 million pre-seed round on March 29, led by Fin Capital. Read the 13-page pitch deck Salt Labs used to raise a $10 million pre-seed round.
CNN —Hollywood actor Ryan Reynolds says he will “never be the same again” after watching Wrexham AFC take a huge step towards promotion in dramatic fashion on Monday. Wrexham has four games of the regular season remaining to secure automatic promotion to the Football League. Just the drama attached to all of it.”On his last-gasp penalty save, Foster added: “That adrenaline buzz there, that moment gives you goosebumps. The club had been languishing outside the top four divisions of English football, known as the Football League, for over a decade but now seems to be on an exciting path up the football pyramid. Wrexham is one of a number of Welsh clubs that play in the English football league system due to being founded before the creation of the Welsh football league.
[1/2] The logo of the Bank of Korea is seen in Seoul, South Korea, November 30, 2017. The Bank of Korea said its seven-member monetary policy board voted to keep the base rate (KROCRT=ECI) unchanged at 3.50%, as it did on Feb. 23. Local markets showed a muted reaction as investors waited Governor Rhee Chang-yong's news conference from 0210 GMT. It is the first time the Bank of Korea has kept the policy rate steady at successive meetings since it embarked on a tightening campaign in August 2021. Reporting by Choonsik Yoo and Jihoon Lee; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.
The SFPD chief said Thursday there are "good developments" in the investigation, per ABC's KGO-TV. But the city's District Attorney said "this is one that's going to take time to solve," per the report. Representatives for the San Francisco police department and the city's department of emergency management did not respond to Insider's requests for comment on Friday. The San Francisco police previously said in a statement that they responded to a call regarding the attack early morning on Tuesday at 2:35 a.m. The District Attorney's office can't make a determination on bringing charges until police have concluded their investigation and made an arrest, a representative for the DA's office previously told Insider.
SEOUL, April 7 (Reuters) - South Korea on Friday said it will provide 7 trillion won ($5.32 billion) in financial support for its battery makers seeking to invest in infrastructure in North America over the next five years to help firms cope with the U.S. Inflation Reduction Act. "Both the government and businessmen should cooperate to find solutions together to effectively cope with situations changing rapidly after the Inflation Reduction Act," Trade Minister Lee Chang-yang said while presiding over a meeting with major battery cell makers and materials firms. In November, South Korea launched the government-backed battery alliance to better source key metals dominated by China to bolster battery supply chain stability. In March, LGES said it would resume a stalled U.S. battery project with a $5.6 billion investment in Arizona to qualify for federal incentives under the Inflation Reduction Act. ($1 = 1,316.2200 won)Reporting by Heekyong Yang; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
CNN —The moments following the San Francisco stabbing attack of Cash App founder Bob Lee were captured on surveillance video and in a 911 call to authorities, according to a local Bay Area news portal. The driver of the Toyota pulls the car away and Lee collapses to the ground. Lee manages to get up and walk a bit further before he collapses in front of an apartment building. “No one who commits a violent crime, or who’s a repeat offender are receiving overly lenient plea deals.”Her comments appear to be in response to Twitter’s new owner, billionaire Elon Musk. In total, there were 56 homicides in San Francisco in 2022, the same as in 2021.
The Mayor of San Francisco, London Breed, called Lee's fatal attack a "horrible tragedy." The video shows Lee apparently seeking help after his stabbing attack in the Rincon Hill neighborhood in downtown San Francisco, according to a report from ABC's San Francisco affiliate, KGO-TV. But The San Francisco Standard said the car pulled away and Lee then appeared to drop down to the ground. The San Francisco Police Department did not respond to Insider's request for comment on Thursday morning ahead of publication. San Francisco Mayor London Breed said that "San Francisco is prioritizing public safety," amid calls by tech industry leaders including Elon Musk to address safety concerns in the city.
The research firm said the S&P 500 could surge more than 4% to nearly 4,300 by the end of April. Supporting the macro environment is a cool down in bond volatility, which suggests the US banking crisis has ended. The investment research firm analyzed historical seasonal market data that suggests the S&P 500 could surge just over 4% in April to 4,275. "The Rule of 1st five days looks at years when S&P 500 gains >1.4% in 1st five days and is negative the prior year. Also supporting the case for more upside in stock prices is a signal that suggests the US banking crisis that started with the collapse of Silicon Valley Bank last month is nearing its end.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe NYT's Ed Lee calls TikTok CEO's congressional testimony 'brutal'The New York Times’ Ed Lee and CNBC's Kristina Partsinevelos join ‘Power Lunch’ to discuss how lawmakers grilled TikTok CEO Shou Zi Chew in his first-ever testimony before Congress today.
[1/3] Former Vice-Chairman of the Hong Kong Alliance in Support of Patriotic Democratic Movements of China, Albert Ho, walks after his arrest by police, in Hong Kong, China March 21, 2023. REUTERS/Tyrone SiuHONG KONG, March 21 (Reuters) - Hong Kong police on Tuesday arrested a veteran pro-democracy politician who was granted bail last August for medical treatment after spending more than a year in detention on a subversion charge. He was granted bail last August, with media reporting at the time he needed medical treatment for lung cancer. She was charged with collusion with foreign forces and granted bail. Chinese and Hong Kong officials deny that and say foreign interference is endangering the financial hub's stability and prosperity.
Samsung said it will make a 300 trillion Korean won investment in a new semiconductor facility in South Korea over the next two decades. It is part of a broader tech investment plan by the South Korean government. The South Korean government is looking to join together its biggest technology companies to spur development in key areas. The new 300 trillion won chip complex Samsung is building will be just outside of the South Korean capital of Seoul. The South Korean government said that companies will build five chip manufacturing facilities in the cluster.
LOS ANGELES, March 13 (Reuters) - Independent studio A24 was the big winner at Sunday's Academy Awards, taking nine awards out of its 18 nominations, including best picture and all four acting prizes. The studio's "Everything Everywhere All at Once" won seven Oscars, the most of the evening, including best picture. However, Brendan Fraser took the best actor prize for A24's "The Whale," which also won for best makeup and hairstyling. Not since the heyday of Miramax in the 1990s has an independent studio garnered such attention, talent and box office success, entertainment industry insiders say. EVERYTHING EVERYWHEREThe first film A24 produced and financed, together with Brad Pitt’s Plan B Entertainment, was “Moonlight,” which won the Oscar for best picture in 2017.
Backstage moments at the Oscars
  + stars: | 2023-03-13 | by ( Jeremy Schultz | ) www.reuters.com   time to read: 1 min
Daniel Kwan, Daniel Scheinert and Jonathan Wang pose with the Oscar for Best Picture for "Everything Everywhere All at Once" along with cast Jamie Lee Curtis, Ke Huy Quan, Michelle Yeoh, Stephanie Hsu and James Hong in the photo room. REUTERS/Mike...more
[1/3] Jamie Lee Curtis wins the Oscar for Best Supporting Actress for "Everything Everywhere All at Once" during the Oscars show at the 95th Academy Awards in Hollywood, Los Angeles, California, U.S., March 12, 2023. REUTERS/Carlos BarriaBy Mary MillikenLOS ANGELES, March 12 (Reuters) - Jamie Lee Curtis won the Oscar for best supporting actress on Sunday for her role as the imperious IRS auditor bearing down on a Chinese American laundromat owner struggling to finish her taxes in "Everything Everywhere All At Once." It was the first Academy Award for the 64-year-old Curtis, in her first ever Oscar nomination over a 45-year career in film that kicked off with horror movie "Halloween." The daughter of famous Hollywood actors Janet Leigh and Tony Curtis, Curtis has jokingly called herself "nepo baby" but is known in Hollywood for her lack of pretension. (Reporting by Mary Milliken; Editing by Jonathan Oatis)((mary.milliken@thomsonreuters.com))Keywords: AWARDS OSCARS/SUPPORTING ACTRESSOur Standards: The Thomson Reuters Trust Principles.
It is likely that more bank failures are coming after the collapse of Silicon Valley Bank. "There's no doubt in my mind: There's going to be more. Investors are clearly nervous about the potential for a cascade of bank failures, reflected in the stock price of a handful of regional banks on Monday. Biden, Yellen vow no bailoutsThough depositors have been made whole in both recent failures, banks and their shareholders should be prepared for the government to let them fail, and should not count on anything resembling a 2008-style bailout. "And the reforms have been put in place means that we're not going to do that again."
Factbox: Winners at the 2023 Oscars
  + stars: | 2023-03-13 | by ( ) www.reuters.com   time to read: 1 min
LOS ANGELES, March 12 (Reuters) - The 95th Academy Awards are taking a place at a ceremony in Los Angeles on Sunday and are being broadcast live on ABC television. The following is a list of Oscar winners so far:BEST SUPPORTING ACTORKe Huy Quan, "Everything Everywhere All at Once"BEST SUPPORTING ACTRESSJamie Lee Curtis, "Everything Everywhere All at Once"BEST ANIMATED FEATURE FILM"Guillermo del Toro's Pinocchio"BEST DOCUMENTARY FEATURE FILM"Navalny"CINEMATOGRAPHY"All Quiet On The Western Front," James FriendSHORT FILM, LIVE ACTION"An Irish Goodbye"Reporting by Mary Milliken; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Factbox: Full list of winners at the 2023 Oscars
  + stars: | 2023-03-13 | by ( ) www.reuters.com   time to read: +1 min
LOS ANGELES, March 13 (Reuters) - The 95th Academy Awards took place at a ceremony in Los Angeles on Sunday and were broadcast live on ABC television. The following is the full list of 2023 Oscar winners:BEST PICTURE"Everything Everywhere All at Once"BEST ACTRESSMichelle Yeoh, “Everything Everywhere All at Once"BEST ACTORBrendan Fraser, "The Whale"BEST DIRECTORDaniel Kwan and Daniel Scheinert, "Everything Everywhere All at Once"BEST SUPPORTING ACTORKe Huy Quan, "Everything Everywhere All at Once"BEST SUPPORTING ACTRESSJamie Lee Curtis, "Everything Everywhere All at Once"BEST INTERNATIONAL FEATURE FILM"All Quiet on the Western Front," GermanyBEST ANIMATED FEATURE FILM"Guillermo del Toro's Pinocchio"BEST DOCUMENTARY FEATURE FILM"Navalny"BEST ORIGINAL SCREENPLAY"Everything Everywhere All at Once," written by Daniel Kwan and Daniel ScheinertBEST ADAPTED SCREENPLAY"Women Talking," screenplay by Sarah PolleyBEST ORIGINAL SCORE"All Quiet on the Western Front," Volker BertelmannBEST ORIGINAL SONG"Naatu Naatu," from "RRR," music by M.M. Keeravaani; lyrics by ChandraboseCINEMATOGRAPHY"All Quiet On The Western Front," James FriendVISUAL EFFECTS"Avatar: The Way of Water"SOUND"Top Gun: Maverick"FILM EDITING"Everything Everywhere All at Once"PRODUCTION DESIGN"All Quiet On The Western Front"COSTUME DESIGN"Black Panther: Wakanda Forever," Ruth CarterMAKEUP AND HAIRSTYLING"The Whale"DOCUMENTARY SHORT FILM"The Elephant Whisperers"SHORT FILM, LIVE ACTION"An Irish Goodbye"SHORT FILM, ANIMATED"The Boy, the Mole, the Fox and the Horse"Reporting by Mary Milliken; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
For more than two decades, the K-pop industry was dominated by the trio until BTS rose to global fame in recent years, making its agency HYBE the largest music label in the country. It is the second-largest entertainment group in South Korea by market value at $2.8 billion, trailing HYBE, which is worth $5.5 billion. Lee filed an injunction request to block the deal that was approved by a court, and sold a 15% stake in SM to rival agency HYBE, setting up a takeover battle. Kakao, the most popular social media platform in South Korea, is expanding aggressively into the entertainment industry where it already owns a smaller K-pop agency, Starship Entertainment. In January, Kakao Entertainment announced a 1.2 trillion won ($966.27 million) investment from Singapore's GIC and Saudi Arabia's Public Investment Fund, giving it more firepower for the SM bid.
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