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CVS Health and UnitedHealth Group are demanding Federal Trade Commission Chairwoman Lina Khan and two other commissioners recuse themselves from a lawsuit accusing the companies and other drug middlemen of boosting their profits while inflating insulin costs for Americans. In separate motions filed Tuesday night with the FTC, CVS and UnitedHealth argued that all three commissioners have an extensive track record of making public statements that indicate "serious bias" against the companies' so-called pharmacy benefit managers. CVS said those statements demonstrate that the commissioners have "prejudged this matter," so their participation in the case "violates due process." The FTC filed the suit last month against the three largest PBMs, CVS Health's Caremark, UnitedHealth Group 's Optum Rx and Cigna 's Express Scripts. The FTC has been investigating PBMs and their role in insulin prices since 2022.
Persons: Lina Khan, UnitedHealth, Khan, Alvaro Bedoya, Rebecca Kelly Slaughter, PBMs Organizations: Financial Services, General Government, Federal Trade Commission, CVS Health, UnitedHealth, Federal Trade, CVS, Amazon, FTC, Zinc Health Services, GPO, Emisar Pharma, OptumRx Locations: Rayburn, U.S, Caremark
CNN —Spanish soccer star Álvaro Morata’s dreams of living a peaceful life on the outskirts of Milan have been shattered after a local municipality’s mayor made a social media blunder. Seemingly excited by the 31-year-old’s arrival, Corbetta’s mayor Marco Ballarini welcomed Morata in a post on Instagram. The champion Álvaro Morata is our new Corbetta resident,” Ballarini wrote Thursday, admitting he was a fan of Milan’s bitter crosstown rival Internazionale. My only treasure is my children, whose safety you have endangered,” Morata wrote, per Reuters. Morata has played for a host of top teams during his career, such as Real Madrid, Juventus and Chelsea.
Persons: Morata, Corbetta’s, Marco Ballarini, Álvaro Morata, ” Ballarini, , ” Morata Organizations: CNN, Milan, Internazionale, Reuters, Real Madrid, Juventus, Chelsea Locations: Spanish, Milan, Spain, Italian, Corbetta –, Corbetta
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOECD chief economist: Still see a very strong, resilient economy in the U.S.OECD Chief Economist Alvaro Pereira says that whilst there is a slight slowdown in the U.S. economy, it still remains strong and resilient with very good labor market indicators. Pereira also said lower inflation stateside gives margins to further rate cuts from the Federal Reserve in the coming months.
Persons: Alvaro Pereira, Pereira Organizations: OECD, Federal Reserve Locations: U.S
Even the Olympic athletes are letting their personalities shine through via arty manicures or spray-painted hair. Christophe Petit Tesson/Pool/EPA/ShutterstockBritish Prime Minister Keir Starmer wore a Team GB rain jacket to the opening ceremony of the Olympic Games Paris 2024. Matthew Stockman/Getty ImagesLady Gaga wore custom-made Dior during her cabaret-inspired performance at the opening ceremony. John Walton/PAUS track and field athlete Sha'Carri Richardson dazzled the camera with her custom manicure during the opening ceremony. Jamie Squire/Getty ImagesModel Kendall Jenner seen wearing Team USA merchandise and high-waisted jeans on August 1.
Persons: Anna Wintour, Ariana Grande, Thom Browne, Zendaya, Law Roach, Jean, Charles de Castelbajac, it’s, Keir Starmer, , Celine Dion, Serena Williams, Louis Vuitton, Fondation Louis Vuitton, Anthony Behar, Cynthia Erivo, Vuitton, Browne, Christophe Petit Tesson, Karwai Tang, Thelma Davies, Emmanuel Matadi, Lars Baron, Getty, Chrissy Teigen, John Legend, Matthew Stockman, Lady Gaga, Dior, John Walton, Sha'Carri Richardson, Ashley Landis, Dr, Jill Biden, Ralph Lauren, Karen Bass, Jamie Squire, Shirine Boukli, Buda Mendes, Sauer, Charles McQuillan, Snoop Dogg, Charlie Riedel, Jessica Chastain, Yuto Horigome, Sara Balzer, Mustafa Ciftci, Nicole Kidman, Natalie Portman, Simone Biles, Pete Dovgan, ” Biles, , I’m Simone Biles, Kendall Jenner, Sharon Stone, Spain's Carlos Alcaraz, Serbia's Novak Djokovic, Arturo Holmes, Jordan Chiles, Alvaro Diaz, Latifah, Sameer Al, Princess Anne, Pascal Le Segretain, Noah Lyles, Christian Petersen, Kirill Kudryavtsev Organizations: CNN, Olympic Games, Vogue, arty, Starmer’s, Fondation Louis, British, Team Liberia, Getty, USA, South Korean Olympic, NBC, Apple, Nike, Kyodo, Anadolu Agency, Speed, Team USA, Europa Press, Team Locations: Paris, New York, Chloé, AFP, Los Angeles, Spring , Texas, Serbia, USA
Insider Today: The world's meanest app
  + stars: | 2024-07-28 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Buying a home is an absolute disaster, but this 19-year-old real-estate agent has a unique way of showing you homes quickly. On the agenda today:This story is available exclusively to Business Insider subscribers. Getty Images; Jenny Chang-Rodriguez/BIShow me the profitsAs businesses continue to figure out ways to leverage generative AI, investors are starting to wonder: How can this help the bottom line? The world's meanest app.
Persons: , it's, Matt Turner, Stocks, Jenny Chang, Rodriguez, Elon Musk's, Alyssa Powell, They're, Altman's, Alvaro Dominguez, — Mark Moran Organizations: Service, Business, Getty, Apple, Microsoft, Meta, Nvidia, Lazard
CNN —Sunday was a glorious day in the history of Spanish sport. Several of the Spanish national team’s legends were also in attendance to celebrate the country’s record-breaking fourth European Championship. “A happy night after what was also a happy afternoon, with Carlos Alcaraz beating Djokovic with enormous superiority in the Wimbledon final. Carlos Alcaraz is a world-class tennis star. The attitude of the group has been crucial to Spain winning its fourth European Championship and Carlos Alcaraz overflows with talent with a key team to create the most suitable environment for a very young champion.
Persons: Carlos Alcaraz, Novak, Spain’s King Felipe VI, Infanta Sofía, Andrés Iniesta, David Villa, Iniesta, Villa, Carlos Alcaraz’s, , Alvaro Morata, Alcaraz, Alfredo Relaño, , Santi Nolla, Djokovic Organizations: CNN, Wimbledon, Court, team deservedly, England, Spanish, La Roja, Carlos Alcaraz’s Wimbledon, Sport, Diario AS ’, Diario, Djokovic, Eurocup, , Mundo Deportivo ’, European Locations: Berlin, Spain, Madrid, Europe, Serbian
Spain are the first nation through to the Euro 2024 final after beating France 2-1 in Munich. Spain are back in their first big tournament final since the golden generation which dominated from 2008 to 2012. Yamal celebrates with the Spain bench (Alex Livesey/Getty Images)Dermot CorriganFrance’s attack misfires againFor the first time, a Frenchman scored from open play for France. Despite their attacking options, including Dembele, Mbappe, Kolo Muani plus Bradley Barcola, Antoine Griezmann and Giroud from the bench, they could not summon a cutting edge. Their goalscorers were from the penalty spot, an own goal or Kolo Muani.
Persons: Didier Deschamps ’, Randal Kolo, Yamal, Dani Olmo, Olivier Giroud —, Liam Tharme, Dermot Corrigan, Peter Rutzler, Phil Hay, Luis de la, Fabian Ruiz, Nico Williams, Lamine Yamal, Alvaro Morata, Alex Pantling –, , Germany’s, Kolo Muani’s, — Williams, Kolo Muani, Germain, Ousmane Dembele, William Saliba’s, Aurelien, Jules Kounde, Liam Tharme Yamal, Adrien Rabiot, , Jesus Navas, Mike Maignan, despairingly, Dan Mullan, He’s, Alex Livesey, Dermot Corrigan France’s, misfires, Frenchman, Kolo, Bradley Barcola, Antoine Griezmann, Mbappe, Didier Deschamps, Justin Setterfield, Dani Vivian, Dembele, Deschamps, Deschamps ’, Matthias Hangst, Peter Rutzler Morata, Vivian ., Morata, Alex Brodie Organizations: France, Copa, The Athletic FC, La, Alex Pantling – UEFA, UEFA, Getty, Nations League, Paris Saint, PSG, Germany, Georgia, yesterday’s, Portugal, Mbappe, Morata Locations: Spain, Munich, , France, Berlin, Europe, Copa America, England, Netherlands, Paris, Mbappe, Jesus, Spanish, Belgium
CNN —Euro 2024 host Germany was dumped out of the tournament on Friday after a 2-1 quarterfinal defeat by Spain in Stuttgart. With Germany seemingly out of time, Florian Wirtz’s slick finish in the 89th minute kept the tournament host’s hopes alive. However, in extra-time Spain conjured up their own late goal on 119 minutes, Mikel Merino heading home the winner to send the three-time Euros winner to the semifinals. It marks the second successive European Championships in which Spain has reached the semifinals stage while Germany’s run at its home tournament is over. Tournament winners in 1964, 2008 and 2012, Spain will play France or Portugal in the semifinals, with those two teams playing later on Friday in Hamburg.
Persons: Dani Olmo, Florian Wirtz’s, Mikel Merino, Olmo, Spain's, Alex Livesey, Pedri, Toni Kroos, Germany’s Kai Havertz, Manuel Neuer, Alvaro Morata, Luis de la, Niclas Füllkrug, Robert Andrich –, Füllkrug, Havertz, Julian Nagelsmann’s, Aymeric Laporte, Nacho, Nagelsmann, – Thomas Müller –, Maximilian Mittelstädt, Joshua Kimmich, Wirtz pounced, Wirtz, Alex Caparros, Mikel Oyarzabal’s, Merino, Dani Carvajal Organizations: CNN, Bundesliga, RB Leipzig, Germany, Getty, Arsenal, Spain, UEFA Locations: Germany, Spain, Stuttgart, France, Portugal, Hamburg, Olmo, Spanish
Spain thought they had beaten Germany after Dani Olmo’s 51st-minute finish to a fine team move. Having beaten the hosts in dramatic fashion, some will now consider Spain the favourites to win Euro 2024. Spain had never previously beaten a host nation in a knockout tie at either a World Cup or European Championship. What Germany had to remember was that De la Fuente’s Spain are far more versatile in the way they play. His final game in professional football was mixed.
Persons: Dani Olmo’s, Julian Nagelsmann’s, Florian Wirtz, Manuel Neuer, Mikel Merino, Dermot Corrigan, James McNicholas, Mark Carey, Sebastian Stafford, Bloor, They’d, Merino, tonight’s, Maximilian Mittelstadt, Toni Kroos, Carl Recine, Tom, Marc Cucurella, Kroos, Pedri, Lamine Yamal, , Martin Rickett, Yamal Pedri, Luis de la Fuente, Anthony Taylor’s, Taylor, Antonio Rudiger, Robin Le Normand, Germany’s Emre, Rodri, Jamal Musiala, Le Normand, Dani Carvajal, Carvajal, Rudiger, Robert Andrich, Alvaro Morata, Unai Simon, Ilkay, Fabian Ruiz, Simon, Nico Williams —, Aymeric Laporte, Jonathan Tah, , Olmo, Dani Olmo 🇪🇸 h, Bo, ove, Ger, abi l, hal f, sid, bac, dou, tod, tim e, Rea, bui, hal, ed pre, bea Organizations: European, Croatia, Georgia, Olmo, France, Barcelona, UEFA, Manchester City, la, Germany, Sunday, pla, DFB, cri, usu, Spa Locations: Spain, Germany, Stuttgart, tonight’s Portugal, Berlin, Bloor, Real Madrid, Yamal, It’s, Spain’s, goa, abo, Wil
Meetings between Spain and Italy rarely disappoint and this one was no exception — even if it was an own goal that decided the contest. Victory sees Spain progress to the knockout stage as group winners, while for Italy it’s all to play for against Croatia on Monday. The one-way traffic continued after half-time, and Spain got to 11 efforts at goal without finding the net. Some will focus on Donnarumma pushing Morata’s header into a helpless Calafiori’s path for Spain’s goal. As the team in front of him were run ragged by Williams and Yamal, the 25-year-old Donnarumma kept things dignified.
Persons: Luis de la Fuente, Gianluigi Donnarumma, Riccardo Calafiori, Donnarumma, Alvaro Morata, Nico Williams, Victory, Dermot Corrigan, Mark Carey, James Horncastle, De la Fuente, Williams, Lamine, Fabian Ruiz, Yamal, Alex Gottschalk, Federico Chiesa, Giovanni Di Lorenzo, Calafiori, Rey Manaj, David Inderlied, , palmed Pedri’s, didn’t, James Horncastle Pedri, Italy’s, Pedri, Luciano Spalletti’s, Bryan Cristante, Nicolo Barella, Mark Carey Nico Williams dazzles Williams, Di Lorenzo, Edith Geuppert –, Spalletti’s, Marc Cucurella, Dermot Corrigan Spain’s, who’s, Lamine Yamal, Riccardo Calafiori 😬, Ruiz, aly Organizations: , Athletic Bilbao, Croatia, De, Italy, Images, Albania, Getty, Paris Saint, League, Barcelona, Athletic, Spain, Premier League Locations: Spain, Italy, Gelsenkirchen …, Gelsenkirchen, Paris, Barella, Spain’s, Calafiori, ain
There are more than 70 cases in which Tren de Aragua is mentioned in law enforcement documents or prosecutors’ complaints. Castro-Mata entered the country illegally last July, a member of Immigration and Customs Enforcement told CNN. The Venezuelan has tattoos associated with Tren de Aragua – which court documents for a suspected gang member in Georgia describe as five-pointed crowns, five-pointed stars and teardrops – the New York Police Department told CNN. A fellow police officer who refused to cooperate with the gang in his native Aragua state was shot 50 times, Boza says. They tied his body to a motorcycle and dragged it throughout the San Vicente neighborhood to demonstrate the power of the Tren de Aragua,” Boza said.
Persons: CNN —, Biden, , Óscar Naranjo, Aragua, Yuri Cortez, Primeiro Comando, ” Britton Boyd, Jason Owens, Tren, ” Owens, Bernardo Raul Castro, Mata, Castro, teardrops, , Allbert Herrera Machado, Vanesa Chourio, Diaz, Josmar Jesus Zambrano, Zambrano, Herrera Machado, Chourio, Álvaro, Boza, ” Boza, Florida Sen, Marco Rubio, Ana María Salazar, Joe Biden, ” CNN’s Jaide Timm, Garcia Organizations: CNN, Chicago . Local, Transnational Criminal Organization, , South, Colombian National Police, CNN Tren, , Transparency Venezuela, Venezuelan, Bolivarian National Police, Gang, Getty, National Liberation Army, Villa del Rosario, Norte de Santander, US State Department, Police, Customs, Border Protection, FBI, Border Patrol, , Enforcement, New York Police Department, Baton Rouge Sheriff’s Department, Tren, San, Florida, Republican Locations: South Florida, New York, Chicago ., Aragua, Venezuela, United States, Bolivia, Colombia, Chile, Peru, America, Carabobo, Tocorón, AFP, Venezuelan, Brazilian, South America, Tren, Villa, Norte, El Paso , Texas, Texas, Georgia, Queens . Castro, Louisiana , Texas, Virginia , New Jersey, Florida, , San Vicente, Central, Ecuador
"It's not a free lunch" because you'll still owe regular income taxes on the converted balance, she said. Converting funds to a Roth IRA "can be a great opportunity for tax-free growth and future tax-free distributions," Franco‑Cicero said. Leverage the 0% capital gains bracketIf your income is low enough, you could leverage the 0% long-term capital gains tax bracket to rebalance a taxable portfolio or save on future taxes, experts say. For 2024, you may qualify for the 0% long-term capital gains rate with taxable income of $47,025 or less for single filers and $94,050 or less for married couples filing jointly. That's because the bracket is based on taxable income, which is calculated by subtracting the greater of the standard or itemized deductions from your adjusted gross income.
Persons: Alvaro Gonzalez, Roth, CFP Catalina Franco ‑ Cicero, Tobias, you'll, Franco ‑ Cicero, Quinones Organizations: CFP Catalina Locations: Plantation , Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOECD’s Pereira: Seeing some recovery in many parts of the world“We start seeing some recovery in many parts of the world,” Alvaro Pereira, director of the OECD’s policy studies branch, told CNBC’s Silvia Amaro Thursday.
Persons: OECD’s Pereira, ” Alvaro Pereira, CNBC’s Silvia Amaro Thursday
The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to new forecasts from the Organisation for Economic Cooperation and Development. The downbeat prediction comes as the global economy shows signs of recovery, with growth forecast to remain steady at 3.1% in 2024, before rising modestly to 3.2% in 2025. "We start seeing some recovery in many parts of the world," Alvaro Pereira, director of the OECD's policy studies branch, told CNBC's Silvia Amaro Thursday. Growth among advanced nations next year is set to be led by North America, which Pereira said follows "strong growth" forecasts of 2.6% in the U.S. in 2024. Growth in Europe, meanwhile, is expected to pick up next year after a sluggish 2024.
Persons: Alvaro Pereira, CNBC's Silvia Amaro Thursday, Pereira Organizations: Organisation for Economic Cooperation, Development, North Locations: Germany, Paris, Canada, France, Japan, U.S, North America, Europe
So the bloody, emotionally raw ending of "Immaculate" became his thesis statement on the kind of horror movie he wanted to make. "She brought me on for a reason, and that was the reason," Mohan told BI. Related stories"I wanted there to be this moment of real catharsis," Mohan told BI. We figured out the camera blocking, because it's really minimalist, it's all just about her performance," Mohan told BI. NEONIt took multiple rounds of notes over three to four weeks to get the baby sound just right.
Persons: , Sydney Sweeney, Michael Mohan, Mohan, who'd, Sweeney, Cecilia, she's, Virgin Mary —, Sal Tedeschi, Álvaro, Jesus, he'd, rampages, Tedeschi, Fabia Lavino, Andrew Lobel's, Sweeney couldn't, Lobel, Lobel's, birthed, Bryan Parker, Parker, Parker's, that's, Michael Organizations: Service, Netflix, Business, SXSW, TV Locations: American,
Before his death, García Márquez asked his sons, Rodrigo García and Gonzalo García Barcha, to destroy the novel. The life of a work of art does not end when its creator dies. Artists too rarely leave clear instructions on what to do with their works, especially unfinished ones, which can lead to messy legal battles. The heirs inherit the responsibility to preserve and promote the artist’s legacy so that it can be appreciated for generations to come. The truth is that if García Márquez’s sons had done as their father asked, they would most likely have been met with criticism, too.
Persons: Gabriel García Márquez, , , who’ve, García Márquez, Rodrigo García, Gonzalo García Barcha, García Organizations: Artists
The 25-year-old’s double led the French side to a 2-1 victory over Real Sociedad in San Sebastián, Spain, giving it a 4-1 victory on aggregate over the two legs of their round-of-16 clash. Such was the power of his goal that the strike actually broke the net, leaving a hole behind between post and net. Mbappé doubled PSG’s lead on the night and effectively finished off the tie 11 minutes after halftime with another trademark goal. Mbappé scores PSG's second goal against Real Sociedad. Alvaro Barrientos/APAlthough Mikel Merino scored late on to give Real Sociedad some consolation, the evening was all about Mbappé and his excellent outing.
Persons: Kylian Mbappé, Germain, Mbappé, Alejandro Remiro, Alvaro Barrientos, Mikel Merino, “ We’re, , ” Mbappé, Luis Enrique lauding, ” Enrique, France’s, Mbappé –, Harry Kane, Erling Haaland, Rio Ferdinand, , … Mbappé, don’t, Mbappé’s, ’ ”, Owen Hargreaves, Thierry Henry, Ronaldo Nazario, Hargreaves Organizations: CNN, Paris Saint, Champions League, Real Sociedad, PSG, Real Madrid, Bayern Munich, Manchester United, TNT Sports, France Locations: Paris, San Sebastián, Spain, , England
Publicly traded companies that misleadingly or untruthfully promote their use of artificial intelligence risk engaging in “AI-washing” that can harm investors and run afoul of US securities law, said SEC Chair Gary Gensler in a speech on Tuesday. They also shouldn’t lie about whether they use an AI model or how they use AI in specific applications, Gensler added. One would be the intentional use of AI to facilitate securities fraud, Gensler said Tuesday. The SEC could target those who deploy AI in ways that create reckless or knowing disregard for the risks to investors, Gensler said. He said the SEC could also investigate those who place fake orders in violation of securities law, or investment advisers who place their own interests ahead of their clients’.
Persons: Gary Gensler, “ We’ve, ” Gensler, Gensler, Alvaro Bedoya Organizations: Washington CNN, Securities and Exchange Commission, Publicly, SEC, Yale Law School, Federal Trade Commission
Apple's Vision Pro is here, and everyone is cracking the same jokes about people wearing it while out in public. Following its official release on Friday, the Vision Pro has been spotted on the heads of people at the gym, on the subway, and in the streets. Videos of the Vision Pro got comments comparing it to "Ready Player One," "The Simpsons," and "Black Mirror." But, that hasn't stopped users from donning the Vision Pro at the gym or on public transportation. Computer engineer Alvaro Cintas made an X thread of some of the more outrageous instances of Vision Pro being used in public.
Persons: It's, L7zjmdCJWe — Alvaro Cintas, hasn't, Alvaro Cintas, Casey Neistat, ArBgbkH0UR — Casey Neistat, Neistat Organizations: Apple Vision, Vision, Apple, Pro Locations: New York City
DAVOS, SWITZERLAND — The slew of upcoming global elections could derail international efforts to secure long-term food supplies, according to the International Fund for Agricultural Development (IFAD). Almost half of the governments in the world are going to go through elections," Lario said Monday at the World Economic Forum in Davos. Those include actions which enable more local food production, greater integration of regional markets and further crop diversification. "We thought after the Ukraine shock that [tackling the root causes] was going to be a given, and there was a lot of momentum. It is estimated that around one in 10 people globally suffer from food insecurity or reliable access to nutritious food, according to UNICEF.
Persons: Alvaro Lario, Lario, , It's Organizations: International Fund for Agricultural Development, CNBC, Economic, UNICEF Locations: DAVOS, SWITZERLAND, Davos, Europe, Ukraine
Alvaro Luque is the president and CEO of Avocados from Mexico. Luque is excited to work with Gen Z, which he called "the new wave of consumers for the future." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Avocados don't get boring at all," Alvaro Luque, the president and CEO of Avocados from Mexico, told Business Insider. Our new campaign is based on our jingle, to try to really focus on the real sound that makes Avocados from Mexico great.
Persons: Alvaro Luque, Gen, , Mexican Hass, Mexico —, Luque, millennials, X, we're Organizations: Service, Packers, Labor, Super Bowl, Cinco de Mayo Locations: Mexico, Luque, Business, Mexican, America
SAN JOSE/PANAMA CITY (Reuters) - Costa Rican police on Tuesday arrested Panamanian businessman and former presidential hopeful David Ochy on charges of fraud and money laundering, judicial authorities said on Tuesday, following an Interpol request. Ochy was wanted by Interpol for being central to a case linked to former Panamanian President Ricardo Martinelli, who was in July sentenced to over a decade in prison for money laundering. Ochy enrolled as a presidential pre-candidate for Martinelli's Realizing Goals party ahead of the 2024 vote, which protected him from facing trial in the Martinelli case last summer. Ochy faces criminal charges for money laundering and using a fraudulent Costa Rican identity card, Zuniga said. Carlo Diaz, who heads Costa Rica's state attorney's office, said he could be extradited to neighboring Panama though he must first face criminal proceedings in Costa Rica and could even serve a prison sentence there.
Persons: David Ochy, Ochy, Ricardo Martinelli, Martinelli, Randall Zuniga, Zuniga, Carlo Diaz, Javier Caraballo, Alvaro Murillo, Elida Moreno, Sarah Morland, Sandra Maler Organizations: JOSE, PANAMA CITY, Tuesday, Interpol, Central American Locations: PANAMA, Costa Rican, Panamanian, Costa Rica, Rican, Caribbean, Pococi, Costa Rica's, Panama, San Jose, Panama City
Not enough financing for climate adaptation, IFAD president says
  + stars: | 2023-12-03 | 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 EmailNot enough financing for climate adaptation, IFAD president saysAlvaro Lario, president of the International Fund of Agricultural Development, says there is enough money for hard infrastructure and climate mitigation for developed economies, but there are not enough funds for developing nations.
Persons: Alvaro Lario Organizations: International Fund of Agricultural
In the 2019 agreement, Facebook, which became Meta in 2021, was required to pay $5 billion for violating an earlier agreement. The company filed a separate appeal against Judge Timothy Kelly's ruling this week that it should be an FTC judge, not a district judge, who decides that case. This new lawsuit, filed late on Wednesday, argues that it is unconstitutional for the FTC to unilaterally tighten an existing consent agreement. The Meta complaints focus on the agency's dual role of prosecuting a matter before an FTC judge. Once the FTC judge makes a decision it is the commission which votes on whether to accept it.
Persons: Yuri Gripas, Judge Timothy Kelly's, Lina Khan, Rebecca Slaughter, Alvaro Bedoya, Meta, Diane Bartz, Nick Zieminski Organizations: Federal Trade Commission, Facebook Inc, Headquarters, REUTERS, Rights, Facebook, U.S . Federal Trade Commission, Meta, FTC, Big Tech, Democratic, Thomson Locations: Washington , U.S
[1/2] Ecuador's President Daniel Noboa signs first decrees to appoint ministers, at the Presidential Palace (Palacio de Carondelet) on the day of his swearing-in ceremony, in Quito, Ecuador November 23, 2023. REUTERS/Karen Toro Acquire Licensing RightsQUITO, Nov 23 (Reuters) - Business heir and former legislator Daniel Noboa was sworn in as Ecuador's new president on Thursday, pledging to reduce violence and create jobs via urgent legislative reforms. Noboa will serve as president for just 17 months, finishing predecessor Guillermo Lasso's term after Lasso brought forward elections to avoid likely impeachment. DEBT AND SECURITYThough most of Noboa's cabinet was sworn in later on Thursday, the young president did not appoint a minister of economy and finance, leaving the position vacant. Noboa is the son of Alvaro Noboa, a powerful banana baron billionaire who repeatedly failed to win Ecuador's presidency.
Persons: Daniel Noboa, Karen Toro, Fernando Villavicencio, Noboa, Guillermo Lasso's, Lasso, Sariha Moya, Rafael Correa, Alvaro Noboa, Lavinia Valbonesi, Alexandra Valencia, Julia Symmes Cobb, Oliver Griffin, Marguerita Choy, Bill Berkrot Organizations: Carondelet, REUTERS, Rights, National Assembly, El, Social Christian Party, Citizens, Ecuador's, Thomson Locations: Quito, Ecuador, Rights QUITO, American, Noboa, Europe
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