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☆ An icon of Detroit’s ruin is now a symbol of Motor City’s economic resurgence
▼ + stars: | 2024-06-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

CNN —For more than 35 years, Michigan Central Station has lain dormant, towering above Detroit’s Corktown neighborhood as a harsh and stoic reminder of the city’s economic pain. Now, Michigan Central Station, the neighboring old Book Depository and Butler himself are all symbols of hope for Detroit’s future and its ongoing economic resurgence. An aerial view of Michigan Central Station and the surrounding property, including the former Book Depository (left), under construction in 2020. Stephen McGee/Michigan Central Michigan Central Station's Grand Hall before and after the six-year renovation project funded by the Ford Motor Company. And with Michigan Central Station coming online, that’s only expected to grow.

Persons: Ronald Butler, “ We’ve, ” Butler, Timothy Fadek, ”, Henry Ford’s, Butler, James Haefner, Mary Culler, Ford, ‘, Kevin Johnson, Stephen McGee, ” Johnson, “, Johnson, Charles Dougherty, I’m, Geoff Robins, ’ ” Dan Austin, Eminen’s, Rebecca Cook, Bill Ford, CNN’s Poppy Harlow, Michigan Central Stephen McGee, tradespeople, Carlos Osorio, ” Austin, Josh Sirefman Organizations: CNN, Michigan Central, Detroit Fire Department, ”, Train Station, Motor, Detroit, Michigan Central Station, Storage Safety, Michigan, Ford Motor Company, Depository, Ford, Detroit Economic Growth Corporation, of Labor Statistics, Getty, Honda Accord, Reuters, Denver’s, Michigan Central Michigan Central Station's Locations: ” Michigan, Motor City, Michigan, Detroit, “, Wells Fargo, AFP, ”, ’ ” Dan Austin , Michigan, America, Indiana

☆ Was Sydney Sweeney’s Oscars after-party look a subversive nod to Marilyn Monroe?
▼ + stars: | 2024-03-11 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

CNN —There was something uncanny about Sydney Sweeney’s look at the Vanity Fair Oscars party last night. Last week, Sweeney made her “Saturday Night Live” hosting debut with a string of jokes centered around her sexualized typecasting, rumors of affairs with co-stars and the size of her chest. Were Sweeney’s breasts, as one writer for Canada’s National Post put it, “double-D harbingers of the death of woke”? “(But) with Sweeney, what it really comes down to is this: Sex sells.”Since then, it’s been open season for Sydney Sweeney boob jokes, especially in comments under the actor’s Instagram posts. “Leave Sydney Sweeney’s boobs out of this,” wrote The Cut.

Persons: Marilyn Monroe, Sweeney isn’t, — Anna Nicole Smith, Kim Kardashian, Beyoncé, James Franco, Sweeney, Danny Moloshok, ”, “ We’ve, Amy Hamm, it’s, Sydney Sweeney boob, Sweeney’s, Sydney Sweeney, Barbie, Marc Bouwer, Angelina Jolie, Carlo Allegri, —, biopics, Monroe, Billy Wilder's, Emily Ratajkowski, I’ve, she’s Organizations: CNN, YouTube, Canada’s, SNL, Sydney, United, “ Locations: ogling, “

BERLIN (AP) — Germany's state-owned development bank has sold shares in the company that owns the national postal service for about 2.17 billion euros ($2.3 billion), reducing the government's stake and raising money to help finance improvements to the country's rail network. The sale cuts the state's stake in DHL to 16.5%, though it is still the largest single shareholder. The proceeds are to be used to strengthen the capital of Germany's main railway operator, the state-owned Deutsche Bahn, to help it upgrade railway infrastructure, the Finance Ministry said Wednesday. The government is turning to privatization proceeds to help finance improvements to the rail network after a court ruling forced it to plug a big hole in this year's budget and reconsider its wider financial plans. The maneuver ran afoul of Germany’s strict self-imposed limits on running up debt.

Organizations: BERLIN, —, Deutsche, DHL Group, DHL, Deutsche Bahn, Finance Ministry Locations: — Germany's, Germany's

☆ Rare postage 'gem' featuring the world's first adhesive stamp to be auctioned for up to $2.5 million in New York
▼ + stars: | 2024-01-14 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

The oldest piece of mail to use a pre-paid Penny Black stamp is set to be auctioned in New York. The British Penny Black was the first-ever adhesive postage stamp. The letter cover has a sale estimate of $1.5 million to $2.5 million, per Sotheby's. AdvertisementThe oldest surviving piece of mail to use a pre-paid postage stamp is set to be auctioned at Sotheby's in New York. The document, known as "The Genesis of Philately," is one of the earliest known examples of the Penny Black stamp.

Persons: Penny, British Penny Black, —, William H, Penny Black, William Mulready, Allen Kane, Sotheby's, William Blenkinsop Jr, Blenkinsop, Blenkinsop —, Richard Austin Organizations: Service, British Penny, Gross, Smithsonian National Postal Museum, CNN Locations: New York, British, Irish, Northumberland, England, London, Dalston , Carlisle

ROME, Nov 21 (Reuters) - Italy is considering candidates to take the helm of state lender Cassa Depositi e Prestiti (CDP), three sources close to the matter told Reuters, as part of a wider shake-up of state-controlled companies. State-backed investor CDP, founded 173 years ago, plays a key role in keeping strategic assets in national hands. Asked to comment on a change of CEO at CDP, Meloni's office said any rumours of a replacement for Scannapieco were unfounded. Rome is expected to decide on the top management of CDP in March at the latest, immediately after the approval of this year's CDP financial accounts, the sources said. The state lender invests savings made by Italians through the national post office network Poste Italiane.

Persons: Dario Scannapieco, Fincantieri, Giorgia, Scannapieco, Antonino Turicchi, Stefano Donnarumma, Mario Draghi, Elvira Pollina, Susan Fenton Organizations: Eni, ITA Airways, European Investment Bank, Telecom Italia's, Thomson Locations: Italy, State, Rome, EU, Milan

☆ Meta's block on Canadian news content led to an increase in news app downloads and usage
▼ + stars: | 2023-09-08 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

Now, many news outlets are seeing an increase in downloads and usage of their apps. Meta's decision to block user access to news in Canada is not having an entirely negative effect on the country's major publishers. The Globe and Mail in August saw a 98% increase in app downloads and a 27% increase in daily users; CTV News saw a 157% increase in app downloads and an 83% increase in daily usage; La Presse saw a 32% increase in app downloads and an 8% increase in usage; and The National Post's downloads were up almost 10%, with daily usage up 3%. Meanwhile, CBC News saw downloads and daily usage remain relatively flat. "In recent weeks, we have seen an increase in CTV News app downloads, which demonstrates the importance of having access to online news from a Canadian perspective."

Persons: Similarweb, Justin Trudeau, Meta, Kali Hays Organizations: Facebook, CBC, The Globe, Mail, CTV, Meta, Canadian, Global News, National, Canada, Globe and, Presse, Globe, CTV News, CBC News, Bell Media, Bell, Twitter Locations: Canada, Canadian, Globe, Europe, Germany, France, khays@insider.com, @hayskali

☆ Biden nominates Jack Lew to be U.S. ambassador to Israel
▼ + stars: | 2023-09-05 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

Jack Lew, former U.S. Treasury secretary, listens at a panel discussion during the spring meetings of the International Monetary Fund and the World Bank in Washington, D.C., April 19, 2018. WASHINGTON — President Joe Biden nominated former U.S. Treasury Secretary Jack Lew on Tuesday to serve as ambassador to Israel. Lew, 68, served as treasury secretary between 2013 and 2017. He was also the White House budget director and later chief of staff during the Obama administration and budget director during the Clinton administration. Lew's nomination comes during a period of strained relations between the U.S. and Israel after Israeli Prime Minister Benjamin Netanyahu's judicial overhaul this summer, a move that led to months of protests.

Persons: Jack Lew, Joe Biden, Lew, Obama, Clinton, Tom Nides, Benjamin Organizations: U.S, Treasury, International Monetary Fund, World Bank, Washington , D.C, WASHINGTON, . Treasury, White House, Israeli Locations: Washington ,, Israel, Washington

☆ Paul Vieira — Reporter, Ottawa Bureau at The Wall Street Journal
▼ + stars: | 2023-08-17 | by ( Paul Vieira | ) www.wsj.com time to read: 1 min

Paul VieiraPaul Vieira covers Canada for The Wall Street Journal, and is based in Ottawa. He writes about what’s transpiring in the U.S.’s northern neighbor with an eye toward the broader global context. Besides following Canadian politics in the capital, he focuses on economic and social policy, U.S.-Canada relations and the country’s eccentricities. Paul joined the Journal in 2011, after stints over a 15-year period at Toronto’s Globe and Mail and National Post newspapers. He is a graduate of Western University in London, Ontario, and earned his journalism degree at Metropolitan Toronto University, formerly known as Ryerson.

Persons: Paul Vieira Paul Vieira, what’s, Paul Organizations: Canada, The Wall Street Journal, Toronto’s Globe, Mail, National Post, Western University, Metropolitan Toronto University, Ryerson Locations: Ottawa, U.S, Canada, London , Ontario

☆ A CEO quits and the BBC apologizes to Trump ally Nigel Farage. A banking scandal erupts in Britain
▼ + stars: | 2023-07-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +9 min

Alison Rose, NatWest chief executive, (right) departs 10 Downing Street in London, after meeting with Chancellor Jeremy Hunt. Prime Minister Rishi Sunak and several members of his Conservative government issued statements condemning the bank and characterizing the termination of Farage's account as an affront to free speech. Farage was offered an alternative account at regular main street bank NatWest, but declined. His critics maintain that although frequent references are made to Farage's political profile and controversial views, the reasons outlined for allowing the banking relationship to lapse were primarily commercial, and he was not "de-banked" as he claims. Without the mortgage, the bank indicated that Farage's account value would fall below its commercial criteria.

Persons: Jonathan Bachman, Alison Rose, Nigel, Coutts, Rose, Danni Hewson, AJ Bell, Farage, Coutts —, Chancellor Jeremy Hunt, James Manning, Rishi Sunak, Nigel Farage, —, DANIEL LEAL, Donald Trump, Vladimir Putin, Frances Coppola, Coppola, Dave Rushen Organizations: Getty, LONDON, NatWest, BBC, UBS, Conservative, Brexit Party, Independence Party Leader, U.K, Independence Party, UKIP, Sky News, NatWest Group, Company Locations: London, U.K, inclusivity, Leicester, British

☆ St. Louis Is the Struggling Downtown You Haven’t Of - The New York Times
▼ + stars: | 2023-06-27 | by ( Kevin Mcdermott | ) www.nytimes.com time to read: +2 min

Unlike San Francisco, St. Louis is a blue island in a red state, and conservative state policies have at least partly driven the city’s decline. More apt parallels to St. Louis are places like Kansas City, Mo., Memphis, Nashville and Little Rock, Ark. : liberal enclaves that in a macrocosm of the worst kind of family dysfunction are at the mercy of conservative state governments. In 2015, for example, St. Louis passed an ordinance to gradually raise the state’s $7.65 minimum wage for workers in the city to $11 by 2018 — prompting passage of a state law that retroactively prohibited cities from passing their own minimum wage hikes and dropping St. Louis workers’ minimum by more than $2 overnight. (Missouri voters later responded with a statewide referendum that stepped around the legislature and gradually raised the state’s minimum wage to $12 by this year.)

Persons: Louis’s, Louis Organizations: Little Locations: Francisco, Francisco’s, St, Kansas City, Mo, Memphis, Nashville, Missouri

☆ Exclusive: Malaysian tycoon weighs selling a stake in $2.7 bln port business -sources
▼ + stars: | 2023-05-22 | by ( Yantoultra Ngui | Thomson Reuters | Yantoultra Ngui Is A Southeast Asia Deals Correspondent With Reuters In Singapore | ) www.reuters.com time to read: +2 min

His conglomerate MMC Corp may sell a stake of up to 30% in MMC Ports, said one of the people, adding that financial investors and companies have approached MMC Corp about their interest in the ports business. A sale could be a precursor to a potential MMC Ports listing on the Malaysian stock exchange in a few years, said the sources. MMC Corp and MMC Ports did not respond to requests seeking comment. MMC Ports has seven ports in Malaysia - Port of Tanjung Pelepas, Johor Port, Northport, Penang Port, Tanjung Bruas Port, SPT Services and Andaman Port, according to its website. MMC Corp also owns stakes in Malaysia's largest independent power producer Malakoff Corp (MALA.KL) and the country's only supplier of reticulated natural gas in Peninsular Malaysia, Gas Malaysia (GASM.KL).

☆ Customers Are Being Asked to Tip Everywhere. They're Sick of It.
▼ + stars: | 2023-03-10 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +4 min

Many have taken a stand against the pressure to tip everywhere, saying the US has a "tipping culture." But the shift in American tipping culture has come with some consumer backlash. Even as consumers expect to be solicited for a tip when they're out and about, some on social media are working to draw a new line, spurring regular debates. Dubbed "tipping culture" by many on social media, the feeling that gratuities have become compulsory has also spread beyond North America and into other countries like Australia. Still, many on the side of service workers argue that tipping is necessary for many workers to be able to stay afloat and pay their rent.

☆ Canada banning TikTok on staff devices - National Post
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

Feb 27 (Reuters) - Canada is banning Chinese social media app TikTok from all government-issued devices effective Tuesday, according to a report in the National Post on Monday, citing official communication to an internal department. The decision was made to ensure the security of government information after an internal review showed that TikTok's data collection methods may leave users vulnerable to cyber attacks, the report said. The move, which comes days after the European Commission imposed a similar ban, underscores the growing lobby against TikTok over concerns of its proximity to the Chinese government and hold over user data across the world. Canada's privacy commissioner and TikTok did not immediately respond to Reuters' requests for comment. Reporting by Yuvraj Malik in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ Italian fund buys stake in asset manager Anima in play on bank M&A
▼ + stars: | 2023-02-15 | by ( Valentina Za | ) www.reuters.com time to read: +3 min

The 109 million euro ($116 million) stakebuilding strengthens the grip of Italian investors on a company in which France's Amundi (AMUN.PA) - Europe's biggest asset manager - has also taken a stake. Amundi has a strong presence in Italy having spent 3.6 billion euros in 2017 to buy peer Pioneer from UniCredit (CRDI.MI). Formerly backed by the state and focused on promoting national champions, private equity fund Fondo Strategico Italiano (FSI) targeted a stake of up to 9%. Amundi acquired its Anima stake a month after Amundi's owner, French bank Credit Agricole (CAGR.PA), bought 9.2% of Banco BPM, becoming its single largest investor. Of Anima's 177 billion euros of assets under management, some 100 billion euros are invested in Italian government bonds.

☆ Stocks making the biggest moves after hours: Disney, Mattel, Wynn Resorts, Affirm and more
▼ + stars: | 2023-02-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Disney — Shares of the entertainment company rose more than 6% after the company released its fiscal first-quarter earnings report. Robinhood — Shares rose 5% after Robinhood missed revenue expectations in its latest earnings report. Analysts called for per-share earnings of $1.83 on revenue of $4.59 billion, according to FactSet. Although the company reported $1 billion in revenue for the latest quarter, compared to analysts' expectations of $958 million, according to Refinitiv. MGM beat analysts' estimates on fourth-quarter revenue, posting $3.59 billion compared to the $3.35 billion expected by Wall Street, according to Refinitiv.

☆ China’s Xi attempts to claim diplomatic victory in battle for global influence after summit whirlwind
▼ + stars: | 2022-11-21 | by ( Nectar Gan | ) edition.cnn.com time to read: +9 min

Chinese leader Xi Jinping attends the G20 summit in Bali, Indonesia on Wednesday. Since taking office, Biden has shored up relations with allies and partners to counter China’s growing influence. In a rare, candid moment caught on camera, Xi chided Canadian Prime Minister Justin Trudeau, accusing him of leaking details of a brief conversation between them. He also attended the Group of 20 dinner, where he shook hands and chatted with leaders including Indian Prime Minister Narendra Modi. Apart from the Dutch Prime Minister, Xi also invited US Secretary of State Antony Blinken, French President Emmanuel Macron and Italy’s newly elected Prime Minister Giorgia Meloni to visit Beijing early next year.

☆ Kyiv residents snap up new stamp celebrating Crimean bridge blast
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +2 min

[1/3] A woman holds envelopes with the new commemorative Crimea bridge destruction anti-Russian stamps, as Russia's invasion of Ukraine continues, outside a post office in Kyiv, Ukraine November 4, 2022. REUTERS/Murad SezerKYIV, Nov 4 (Reuters) - Residents in the Ukrainian capital of Kyiv on Friday snapped up a new postage stamp commemorating a blast that damaged a major bridge linking Russia to Crimea in a blow to the prestige of Russian President Vladimir Putin. The bridge - a showcase project of Putin's rule and crucial supply route for Russian forces in Ukraine - was partially wrecked in an explosion last month. Olena Tumanska, who is originally from Crimea, said she hoped for the destruction of the bridge. In April, the national postal service issued a stamp depicting a Ukrainian soldier making a crude gesture at a Russian warship.

☆ Studiu național: Ponderea femeilor de 25-61 de ani care au realizat testul citologic a crescut aproape de două ori în ultimii doi ani
▼ + stars: | 2020-12-02 | by ( Milena Onisim | ) www.zdg.md time to read: +3 min

Cele mai multe femei care au efectuat testul citologic sunt din Sudul țării, cât și din familiile cu situația financiară medie. Potrivit Ministerului Sănătății, Muncii și Protecției Sociale (MSMPS), nivelul de informare a femeilor cu vârsta de 25-61 de ani privind prevenirea cancerului de col uterin a crescut. Astfel, 62% dintre acestea cunosc despre testul citologic în 2020, față de 47% în 2018. Totodată, 71% dintre femeile care știu despre testul citologic, cunosc și că acesta poate fi realizat gratuit, prin adresarea la medicul de familie. În R. Moldova testul citologic pentru prevenirea cancerului de col uterin poate fi realizat gratuit la adresarea la medicul de familie.

Organizations: Sănătății, Muncii, Protecției Sociale, Ministerul Sănătății, Sociale, Magenta Consulting, Ministerului Sănătății, ONU, Agenției Locations: Moldova, Republica Moldova

Studiul repetat în 2020 arată că situația s-a îmbunătățit considerabil în ultimii ani, în mai multe privințe. A crescut nivelul de informare a femeilor cu vârsta de 25-61 de ani privind prevenirea cancerului de col uterin, 62% dintre acestea cunosc despre testul citologic în 2020, față de 47% în 2018. Totodată, 71% dintre femeile care știu despre testul citologic, cunosc și că acesta poate fi realizat gratuit, prin adresarea la medicul de familie. Femeile cu vârsta de 36-45 de ani cunosc în măsură mai mare despre disponibilitatea testului citologic, comparativ cu femeile de alte vârste. În Republica Moldova testul citologic pentru prevenirea cancerului de col uterin poate fi realizat gratuit la adresarea la medicul de familie.

Locations: Republica Moldova

Testul citologic nu mai este o frică pentru femeile din Moldova. Cele mai multe femei care au efectuat testul citologic sunt din sudul țării și din familiile cu situația financiară medie. Totodată, 71 % dintre femeile care știu despre testul citologic, cunosc și că acesta poate fi realizat gratuit, prin adresarea la medicul de familie. În Republica Moldova testul citologic pentru prevenirea cancerului de col uterin poate fi realizat gratuit la adresarea la medicul de familie. Studiul național post-intervenție despre cunoștințele, atitudinile și practicile în domeniul prevenirii cancerului de col uterin în Republica Moldova, poate fi accesat AICI.

Organizations: Magenta Consulting, Ministerului Sănătății, Muncii, Protecției Sociale, ONU, Agenției Locations: Moldova, Republica Moldova

În cadrul evenimentului de astăzi, Serviciul Vamal a conferit Poștei Moldovei statutul de Agent Economic Autorizat (AEO), aceasta devenind prima întreprindere de stat căreia i se atribuie un atare statut. Directorul Serviciului Vamal, Sergiu Burduja a afirmat că obținerea statutului AEO de către „Poșta Moldovei” a fost indispensabilă. „Apreciem foarte mult că Serviciul Vamal și Poșta Moldovei împărtășesc aceleași valori, promovând dezvoltarea și modernizarea instituțională, în special prin digitalizarea proceselor de interacțiune. Având în vedere faptul că Poșta Moldovei este una dintre componentele cheie ale comerțului electronic, obținerea statutului AEO a fost indispensabilă. Poșta Moldovei, Vitalie Zaharia, a menționat că statutul acesta îi permite „Poștei Moldovei” să devină un partener de încredere al autorităților vamale.

Persons: Memorandumul, Sergiu Burduja, Sergiu Burduja ., Vitalie Zaharia, Zaharia, Douglas Muir Organizations: Vamal, CN, Ministerului Economiei Locations: Moldovei, Moldova, UE, China, Japonia, Norvegia, SUA, Republica Moldova, România, Ungaria, Olanda, Cehia, Slovenia

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