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☆ Check out these 11 U.S.-listed foreign stocks — which analysts give over 100% upside
▼ + stars: | 2024-09-11 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The table below lists 11 stocks that analysts give over 100% upside potential in their local currency over the next 12 months. Investors should note that these stocks are exposed to foreign exchange fluctuations. Although the company has a primary listing on the Toronto stock exchange, the stock is also traded on U.S. stock exchanges . Valneva France-based Valneva has the second-biggest consensus upside potential on the list, at 213%. Stifel's price target of 9 euros ($9.94) a share indicates a 201% upside potential.

Persons: Desjardins, Frederic Tremblay, Canaccord, Katie Lachapelle, Meaghan, Valneva, Lyme, Christian Glennie, Evan Wang Organizations: CNBC Pro, Battery Metals, Valneva, Pfizer, Analysts, Guggenheim Securities Locations: U.S, Toronto, James Bay, Valneva France, Paris

It’s hard to be anonymous online in China. Websites and apps must verify users with their phone numbers, which are tied to personal identification numbers that all adults are assigned. Now it could get more difficult under a proposal by China’s internet regulators: The government wants to take over the job of verification from the companies and give people a single ID to use across the internet. The Ministry of Public Security and the Cyberspace Administration of China say the proposal is meant to protect privacy and prevent online fraud. A national internet ID would reduce “the excessive collection and retention of citizens’ personal information by internet platforms on the grounds of implementing real-name registration,” the regulators said.

Organizations: of Public Security, Cyberspace Administration, China Locations: China

☆ China Is Closing the A.I. Gap With the United States
▼ + stars: | 2024-07-25 | by ( Meaghan Tobin | Cade Metz | ) www.nytimes.com time to read: 1 min

At the World Artificial Intelligence Conference in Shanghai this month, start-up founder Qu Dongqi showed off a video he had recently posted online. It displayed an old photograph of a woman with two toddlers. Then the photo sprang to life as the woman lifted the toddlers up in her arms and they laughed with surprise. The technology was reminiscent of a video generator, called Sora, that the American start-up OpenAI unveiled this year. “My American friends still can’t use Sora,” Mr. Qu said.

Persons: Qu Dongqi, Sora, OpenAI, “, ” Mr, Qu, ” Organizations: Artificial Intelligence Locations: Shanghai

An outage has hit computers around the world, affecting airlines, hospitals, retailers and other businesses. Microsoft’s cloud service status page indicated the company had identified a preliminary cause. Some users may still be unable to access certain Microsoft 365 apps and services, including Teams video conferencing. The company was aware of the issue “affecting a subset of customers,” a Microsoft representative said in a statement. “We’re aware of an issue affecting Windows devices due to an update from a third-party software platform,” according to the representative.

Persons: “, ” Organizations: Microsoft Locations: United States

☆ My parents sent me to camp for 6 weeks every summer. Years later I'm still friends with the people I met there.
▼ + stars: | 2024-06-25 | by ( Meaghan Moore | ) www.businessinsider.com time to read: +5 min

From the ages of 7 to 17, my parents sent me to sleep-away camp for weeks. Starting at two weeks and quickly building up to six, I spent my summers away from home in Shelby, Michigan, on the sand dunes of Camp Miniwanca. At first it was hardI will admit, as a young child, the first few summers at camp weren't easy. I never had to worry about being judged by my camp friends and was able to grow in many ways, slowly becoming more confident, more curious, and more spirited. Summer camp molded me into the girl I was and the woman I've become — independent, curious, and always searching for the next adventure.

Persons: Camp Miniwanca, I've Organizations: Service Locations: Shelby , Michigan, Camp Miniwanca, Miniwanca, Washington ,

☆ Where Have All the Chinese I.P.O.s Gone?
▼ + stars: | 2024-06-25 | by ( Meaghan Tobin | ) www.nytimes.com time to read: +1 min

There was a time when a Chinese internet company’s initial public offering was the hottest thing on Wall Street. Scores of other Chinese companies raised billions in the United States over the next few years. Wall Street has not seen anything close to a blockbuster Chinese I.P.O. So far this year, Chinese companies have raised about $580 million in U.S. listings, almost all of it last month from one I.P.O. As the geopolitical relationship between China and the United States has deteriorated, it has become increasingly difficult for Chinese companies to find a foreign market where a listing might not be jeopardized by political scrutiny.

Organizations: New York Stock Exchange Locations: United States, China

Heavy rains battered southern China over the weekend and into Tuesday, setting off landslides and causing roads and homes to collapse as rivers overran their banks. The landslides and flash floods killed at least nine people in Fujian Province and neighboring Guangdong, China’s most populous province. Days of severe rainfall forced thousands of people to evacuate and left more than 100,000 households without power as the region was inundated. As of Monday, at least 17 rivers had risen above warning levels in Guangdong, according to local media. The province has a population of about 127 million people.

Locations: China, Fujian Province, Guangdong, China’s

Taiwan’s incoming president, Lai Ching-te, is poised to take office on Monday, facing hard choices about how to secure the island democracy’s future in turbulent times — with wars flaring abroad, rifts in the United States over American global security priorities, and political divisions in Taiwan over how to preserve the brittle peace with China. Mr. Lai has promised to steer Taiwan on a safe course through these hazards, a theme that he is likely to highlight in his inaugural speech on a public plaza in Taipei. He has said that he will keep strengthening ties with Washington and other Western partners while resisting Beijing’s threats and enhancing Taiwan’s defenses. Yet he may also extend a tentative olive branch to Beijing, welcoming renewed talks if China’s leader, Xi Jinping, sets aside his key precondition: that Taiwan accept that it is a part of China. “We’ll see an emphasis on continuity in national security, cross-strait issues and foreign policy,” said Lii Wen, the international director for Mr. Lai’s Democratic Progressive Party and an incoming spokesman for the new leader.

Persons: Lai Ching, Lai, Xi Jinping, “, ”, Lii Wen, Lai’s Organizations: Washington, Lai’s Democratic Progressive Party Locations: United States, Taiwan, China, Taipei, Beijing

☆ Incident at TSMC’s Semiconductor Plant in Arizona Injures One
▼ + stars: | 2024-05-16 | by ( Meaghan Tobin | More About Meaghan Tobin | ) www.nytimes.com time to read: +1 min

The driver of a waste disposal truck was rushed to a hospital on Wednesday following an incident at the Phoenix campus of the Taiwanese chip giant Taiwan Semiconductor Manufacturing Company, which is under construction. Local media reported that an explosion had occurred that, the company said in a statement, did not damage the facility. The truck driver is a contractor, and no TSMC employees or construction workers were injured, the statement said. TSMC has long dominated the global chip supply chain from its home base in Taiwan. TSMC over the past four years has committed to build new factories in Japan, Germany and Arizona.

Persons: TSMC, Biden Organizations: Phoenix, Taiwan Semiconductor Manufacturing Company Locations: United States, Taiwan, Beijing, TSMC, Japan, Germany, Arizona

☆ Taiwan, on China’s Doorstep, Is Dealing With TikTok Its Own Way
▼ + stars: | 2024-05-16 | by ( Meaghan Tobin | Amy Chang Chien | ) www.nytimes.com time to read: +1 min

As it is in the United States, TikTok is popular in Taiwan, used by a quarter of the island’s 23 million residents. People post videos of themselves shopping for trendy clothes, dressing up as video game characters and playing pranks on their roommates. Influencers share their choreographed dances and debate whether the sticky rice dumplings are better in Taiwan’s north or south. Taiwanese users of TikTok, which is owned by the Chinese internet giant ByteDance, are also served the kind of pro-China content that the U.S. Congress cited as a reason it passed a law that could result in a ban of TikTok in America. The video was flagged as fake by a fact-checking organization, and TikTok took it down.

Persons: Influencers, Rob Wittman, stoking, TikTok Organizations: U.S, Republican Locations: United States, Taiwan, China, America, Virginia, Taiwan’s

☆ MDMA therapy could be legalized by summer. Why are so many advocates sounding the alarm?
▼ + stars: | 2024-05-13 | by ( Anna Silman | ) www.businessinsider.com time to read: +52 min

Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.

Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, —, Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper

Taiwan Semiconductor Manufacturing Company is transforming the small Japanese farm town of Kikuyo into a key node in Asia’s chip supply chain. TSMC, as the company is known, dominates the global semiconductor business. At its home base in Taiwan, TSMC sits at the center of a web of factories, suppliers and engineering firms. In February, TSMC opened a factory, known as a chip “fab,” for fabricator, on a ridge overlooking Kikuyo. The Japanese electronics giants Sony, Denso and Toyota, major buyers of TSMC semiconductors, are investing huge sums in TSMC’s Japan subsidiary.

Persons: TSMC Organizations: Taiwan Semiconductor Manufacturing Company, Sony, Toyota, TSMC’s Locations: Kikuyo, Taiwan, Japan, TSMC’s Japan

☆ Why Wall Street's biggest wealth managers could face an avalanche of lawsuits thanks to one judge's ruling
▼ + stars: | 2024-04-05 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +10 min

The banks, in turn, make shareholders happy by reporting lower compensation costs since deferred compensation is marked as a liability. At Morgan Stanley, advisors forfeit this pay if they leave for another employer before four years of service. This ruling was used by a lawyer on another case, Alan Rosca, to secure a $3 million judgment against Morgan Stanley on March 25. In November, Morgan Stanley successfully fought off a class action attempt by 12 ex-Morgan Stanley advisors. Lawyers told Business Insider that the award and the ruling in Shafer v. Morgan Stanley will likely inspire more ex-advisors to sue.

Persons: —, Morgan Stanley, Morgan Stanley's, Alan Rosca, Cerulli, Rogge Dunn, Biden, Dunn, Goldman Sachs, Spencer Platt, Rosca, It's, Shafer, Judge Paul Gardephe, Meaghan VerGow, Pamela Miller, O'Melveny, Jack Edwards, Edwards, Street Former Morgan Stanley, Phil Waxelbaum, They've, you've, — Rosca, Waxelbaum, We're Organizations: Service, Wall, Business, Advisors, Biden Administration, FTC, Getty, Financial Industry Regulatory Authority, Street Former, Ajamie LLP, JPMorgan Locations: Cleveland, Dallas, New York, Shafer, Houston, Wells

When the largest earthquake in Taiwan in half a century struck off its east coast, the buildings in the closest city, Hualien, swayed and rocked. As more than 300 aftershocks rocked the island over the next 24 hours to Thursday morning, the buildings shook again and again. One of them, the rounded, red brick Uranus Building, which leaned precariously after its first floors collapsed, was mostly drawing curious onlookers. The building is a reminder of how much Taiwan has prepared for disasters like the magnitude-7.4 earthquake that jolted the island on Wednesday. Of Taiwan, he added: “And most of these deaths, it seems, have come from rock slides and boulders, rather than building collapses.”

Persons: ”, Daniel Aldrich Organizations: Global Resilience, Northeastern University Locations: Taiwan, Hualien

It was so strong it set off tsunami warnings in Japan, China and the Philippines. But then, even in a fault-riddled place with long and hard experience with earthquakes, the jolt of aftershock after aftershock was startling, continuing every few minutes throughout the day. The magnitude-7.4 quake killed nine and injured at least 1,011 others, stretching an expert quake response system that has served as a model in other places. In Hualien County, close to the epicenter, 71 people were trapped in two mining areas as of Wednesday night and dozens of others were stranded, according to officials. Around 14,000 households were without water, and 1,000 households were without power.

Persons: aftershock Locations: Taiwan, Japan, China, Philippines, Hualien County

☆ Strong Quake Strikes Taiwan, Setting Off Tsunami Warning in Japan
▼ + stars: | 2024-04-02 | by ( Meaghan Tobin | More About Meaghan Tobin | ) www.nytimes.com time to read: 1 min

In Japan, according to the broadcaster NHK, tsunami waves as high as 30 centimeters had already started hitting the shore on Yonaguni Island at 9:14 a.m. local time. Residents on Okinawa, Miyako and Yaeyama islands in southern Japan were told to get as far away from coastal areas as possible. According to NHK, the tsunamis were expected to hit the islands shortly after 10 a.m., with waves as high as 3 meters, or 10 feet, on Miyako and Yaeyama. Motoko Rich contributed reporting from Tokyo.

Persons: Motoko Rich Organizations: NHK Locations: Japan, Okinawa, Miyako, Tokyo

The temblor set off at least nine landslides, collapsing hillsides onto the Suhua Highway in Hualien, according to local media reports. The quake was centered in the waters off Hualien, according to the United States Geological Survey. The epicenter was about 10 miles under the earth’s surface, according to Taiwan. Here is the latest: In Japan, tsunami waves as high as 30 centimeters hit the shore on Yonaguni Island at 9:14 a.m. local time. People in China took to social media saying they felt the tremors as far as away as Hangzhou, Xiamen, and Shanghai.

Persons: Tobin, Motoko Rich Organizations: Rail, United States Geological Survey, Weather Administration, U.S . Pacific, Warning Locations: Taiwan, Japan, Hualien, Taiwan’s, Taipei, People, China, Hangzhou, Xiamen, Shanghai

For years, Apple dominated the market for high-end smartphones in China. But evidence is mounting that, for many in China, the iPhone no longer holds the appeal it used to. Meanwhile, sales for one of Apple’s longstanding Chinese rivals, Huawei, surged 64 percent. Analysts say its latest product, a $3,500 virtual reality headset released in February, is still years away from gaining mainstream appeal. For a decade, China has been the iPhone’s most important market after the United States and accounted for roughly 20 percent of Apple’s sales.

Organizations: Apple, Research, Huawei, Analysts Locations: China, U.S, United States, Beijing

☆ What China Is Saying About the TikTok Furor in Washington
▼ + stars: | 2024-03-15 | by ( Meaghan Tobin | Siyi Zhao | ) www.nytimes.com time to read: +1 min

This is not the first time that China has seen a frenzy over TikTok consume Washington. In 2020, former President Donald J. Trump issued an executive order that would have forced TikTok’s Chinese owners to sell the popular app. Now, U.S. lawmakers are again attempting to force ByteDance, TikTok’s Chinese owner, to give up control of the app. Instead, officials in Beijing have blasted the bill but largely reiterated common criticisms of U.S. policy as unfair to China. Mr. Trump, the expected Republican presidential nominee, has said he opposes the bill despite his 2020 executive order against TikTok.

Persons: Donald J, Trump, ByteDance Organizations: TikTok Locations: China, Washington, Beijing, Montana, U.S, United States

☆ Why Taiwan Is Building a Satellite Network Without Elon Musk
▼ + stars: | 2024-03-14 | by ( Meaghan Tobin | John Liu | ) www.nytimes.com time to read: 1 min

In Taiwan, the government is racing to do what no country or even company has been able to: build an alternative to Starlink, the satellite internet service operated by Elon Musk’s rocket company, SpaceX. Starlink has allowed militaries, power plants and medical workers to maintain crucial online connections when primary infrastructure has failed in emergencies, such as an earthquake in Tonga and Russia’s invasion of Ukraine. Officials in Taiwan face constant reminders that its communication infrastructure must be able to withstand a crisis. The island democracy sits 80 miles from China, where leaders have vowed to use force if needed to assert claims that Taiwan is part of its territory. Taiwan experiences regular cyberattacks and near-daily incursions into its waters and airspace by the People’s Liberation Army, which has been built up in recent years.

Persons: Starlink Organizations: Elon Musk’s, SpaceX, Officials, People’s Liberation Army Locations: Taiwan, Tonga, Ukraine, China

☆ China Condemns U.S. Proposal to Force the Sale of TikTok
▼ + stars: | 2024-03-13 | by ( Meaghan Tobin | More About Meaghan Tobin | ) www.nytimes.com time to read: +1 min

China on Wednesday condemned U.S. lawmakers’ push to force the Chinese parent company of TikTok to sell the popular short video platform. Lawmakers say that Beijing could use TikTok to spread Chinese Communist Party messages or gain access to sensitive data about TikTok’s American users. Beijing rejected concerns that the app was a danger to the United States. China has opposed previous efforts in the United States to force ByteDance to give up TikTok. The fervor over the House bill is the latest episode in a yearslong saga over the app’s future in the United States.

Persons: TikTok, ”, Wang Wenbin, ByteDance Organizations: Wednesday, U.S, Communist Party Locations: China, Washington, Beijing, United States, U.S

☆ After treatment at US military hospital, volunteers for Ukraine return to fight
▼ + stars: | 2023-10-12 | by ( Andrew Hay | ) www.reuters.com time to read: +4 min

US COMMITMENT TO UKRAINETreating the wounded volunteers at Landstuhl represents another level of U.S. commitment to Ukraine. Thousands of foreign volunteers headed to Ukraine after Russia’s February 2022 invasion and are now fighting with regular Ukraine army units and a foreign legion. Dozens of foreign volunteers are wounded each month, according to the four fighters interviewed by Reuters. Of 20 Ukrainian Army patients admitted so far, nearly all since August, 16 have been foreign volunteers, according to Marcy Sanchez, a spokesman for the hospital. "The bureaucracy is just horrendous," said Craig Borthwick, lead medic for ReactAid, explaining the many layers of military, medical and government authorizations required.

Persons: Jumbo, directionless, Biden, Rachel Jamison, Meaghan Mobbs, Marcy Sanchez, ReactAid, Craig Borthwick, David Bramlette, Nathan Chan, we're, Andrew Hay, Phil Stewart, Donna Bryson, Diane Craft Organizations: Landstuhl Regional Medical, Ukrainian Army, . Military, U.S, Marine, RT Weatherman, Jumbo, Landstuhl Regional Medical Center, United State's, Reuters, Russia, Marines, Landstuhl, Kyiv, Russia’s, Ukraine, Weatherman, Ukrainian, Ukrainian Armed Forces, U.S . Army, Green Beret, Thomson Locations: Germany, United States, Russian, Ukraine, U.S, UKRAINE

☆ Merrick Garland's stonewalling about multiple investigations is annoying lawmakers on both sides of aisle ahead of his Capitol Hill visit
▼ + stars: | 2023-02-23 | by ( Warren Rojas | Mattathias Schwartz | ) www.businessinsider.com time to read: +4 min

Lawmakers on both sides of the aisle want Merrick Garland to debrief them about DOJ investigations. Garland is scheduled to join the Senate Judiciary Committee on March 1 for a general oversight hearing — his first of the 118th Congress. In early February, both Durbin and his Republican counterparts leading the House Judiciary Committee requested briefings about McGonigal. The Senate letter requested information from Garland and FBI Director Christopher Wray; the House letter was addressed to Wray but not Garland. "Everything is on the table," a staff member from House Judiciary told Insider.

Some 83 percent of babies in the United States start out on breast milk, but by 6 months, just 56 percent are breastfed — and at that stage, only a quarter drink breast milk exclusively, as the American Academy of Pediatrics recommends. To find out what it takes to breastfeed a baby, The New York Times followed four mothers for a day as they nursed, pumped and supplemented their milk with formula. Dr. Ma returned to work four weeks after her oldest daughter’s birth and two weeks after her second arrived. While performing long operations, she leaked breast milk under her surgical gown. Now her hours are more reasonable, and she has an office with a door that locks — but Dr. Ma still feels relentless pressure to keep up.

☆ Their IVF journeys did not end with children. Here's what they want you to know
▼ + stars: | 2022-11-19 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

"I stopped to protect my physical, emotional and mental health," says Katy Seppi, 40, of her decision to end her infertility journey. Seppi says she believes Aniston’s openness about her own IVF journey helps validate the experiences of many people who are involuntarily childless. "For someone like myself with ADHD, the decision fatigue was at times overwhelming," Sherrae Lachhu, 45, says about the IVF process. It can help others not feel so alone.”She felt like a failure when her IVF didn’t workApril Barsby, 32, had one cycle of IVF in September of last year. The couple put their IVF journey on pause for now and Barsby says she’s not sure what to do next.

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