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☆ Xpeng's CEO says most Chinese carmakers will not survive the next decade
▼ + stars: | 2024-11-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

But Xpeng's CEO, He Xiaopeng, says most Chinese carmakers will not exist in 10 years. He predicted that only seven major car companies would eventually be left in China. Xpeng CEO He Xiaopeng doesn't think most Chinese carmakers will survive the next decade. AdvertisementMercedes-Benz CEO Ola Källenius took a similar position to He when asked about the threat posed by Chinese EV makers at the Berlin Global Dialogue conference in October. Chinese carmakers like BYD have also attempted to conquer the global electric vehicle market.

Persons: Xiaopeng, Ola Källenius, Källenius, Stephen Dyer, BYD, Brian Gu Organizations: EV, Singaporean, The Straits Times, Business, CNA, Benz, Berlin Global, Getty, —, Wall Street Journal, Research, BI Locations: China, Xpeng, Thailand, Brazil

Vice President Kamala Harris will deliver a “closing argument” speech in Washington, D.C., on Tuesday at the site where former President Donald Trump spoke shortly before the Jan. 6 riot, according to a senior campaign official. Harris will argue it's time to turn the page on Trump and choose a new way forward, the official said. Sources had told NBC News earlier in the day that Harris' campaign had been planning an address on the National Mall and had sought a permit for the site. “We have come to demand that Congress do the right thing and only count the electors who have been lawfully slated,” Trump told the crowd, urging it repeatedly to "fight." The Harris campaign official said the campaign plans to contrast Trump's worst moment in office with what the official called Harris' optimistic vision for the future.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Paul J, Richards, ” Trump, ou'll, ” Organizations: Washington , D.C, Trump, NBC, NBC News, National Park Service, White House, Getty, Capitol, White Locations: Washington ,

☆ Common food dye can make skin transparent in mice, study finds
▼ + stars: | 2024-09-05 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

“But when we put them together, we were able to achieve transparency of the mouse skin.”Once the dye had completely diffused into the skin, the skin became transparent. In mice, the researchers were able to observe blood vessels directly in the surface of the brain through the transparent skin of the skull. Guosong Hong/Stanford UniversityThe transparent areas take on an orangish color, Ou said, similar to that of the food dye. 5 dye, a common food coloring, was used at a low concentration in the study, and its effects were easily undone, according to the researchers. “However, a partially transparent (mouse) will already enable numerous research opportunities to answer questions relating to development, regeneration, as well as aging.”

Persons: Wells, ”, Zihao Ou, ” Ou, “, Hong, Ou, Guosong Hong, Stanford University Christopher Rowlands, Rowlands, wasn’t, Jon Gorecki, Gorecki, tartrazine Organizations: CNN, University of Texas, NSF, Stanford University in, Stanford University, US Food and Drug Administration, California, Environmental Health, Stanford, Imperial College London Locations: H.G, Dallas, Stanford University in California, California, bioengineering, Ou

☆ Why 'Twisters' star Glen Powell is going back to college: 'I'm so close, I can taste it'
▼ + stars: | 2024-07-20 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Powell attended his hometown University as a teenager, but dropped out to pursue his dream of making it in Hollywood. As he prepares to shoot his newest movie in London, Powell is fitting classes into his schedule. "I'm not going to be sitting in class with other students on the regular," Powell explained. With just a few credits separating him from joining the rest of his family as a UT alumnus, Powell isn't going to let Hollywood stardom stop him. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: you've, Tom Cruise, Sydney Sweeney, Glen Powell, Edgar Wright's, Powell, Edgar, Wright, I'm, Powell isn't Organizations: University of Texas, hometown University, Hollywood Reporter, UT Austin, university's Moody College, OU, Longhorn, Hollywood, CNBC Locations: Austin, Hollywood, London, Texas

☆ 'Twisters' shows how tornado science has changed massively since the first movie nearly 30 years ago
▼ + stars: | 2024-07-19 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

Read previewWhen the original "Twister" movie debuted in 1996, its super-sized, cow-spinning tornadoes captivated audiences. Now, there's a sequel, "Twisters," which, in some ways, shows just how far tornado science has come in the last few decades. She helped a "Twisters" film crew scout locations and find storm footage for the new movie. Climate change is altering tornado seasonA powerful tornado can destroy homes and cars leaving devastation in their wake. The original film sparked a surge in interest in severe weather.

Persons: —, Jana Houser, Kevin Thiel, Dorothy, TOTO, Harold Brooks, Houser, Lee Isaac Chung, " Houser Organizations: Service, Business, Ohio State University, OU, NOAA, Weather, Systems Lab, NWS, CNN, Universal Pictures, Warner Bros . Pictures, Amblin, University of Oklahoma's Locations: Oklahoma, Kansas, Weather.com, Alabama , Kentucky, Mississippi

☆ 2 teens won $50,000 for inventing a device that can filter toxic microplastics from water
▼ + stars: | 2024-05-23 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

They wanted to find out whether this type of facility already had tools that could remove microplastics from wastewater. In a single pass, their device can remove between 84% and 94% of microplastics in water, according to a press release. On a smaller scale, it could filter microplastics in laundry machines and even fish tanks. In another 2023 study, researchers at Shinshu University tested a similar ultrasound-filtering method to remove microplastics from water. But Ou and Huang say their device is simpler, more efficient, and the first to use ultrasound to block and filter microplastics directly.

Persons: —, Victoria Ou, Justin Huang, Huang, Gordon E, Moore, Lisa Fryklund, Huang —, Chris Ayers, Society for Science Huang, Ou, Justin Huang didn't, Chris Ayers Ou, they're Organizations: Service, Mount, Business, Science, Engineering, Google, Environmental Sciences, Society for Science, EPA, ISEF, New Mexico Tech, Technology, Shinshu University Locations: Woodlands , Texas, Mount Everest, Victoria, Los Angeles, Texas, microplastics, Mt, Everest

☆ Researchers in Antarctica developed a strange accent after being isolated for 6 months
▼ + stars: | 2024-03-01 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +2 min

Read previewLiving on the edges of the planets comes with an unexpected perk: you may pick up an exotic accent that's spoken only in Antarctica. The research provides a snapshot into how new accents are developed when communities grow in isolation, like when English speakers colonized new countries and developed new accents. Researchers tracked the twang of 26 international researchers and support staff that spent six months in the British Antarctic Survey's Rothera Research Station in May 2018. Advertisement"It was very subtle — you can't hear the changes," Jonathan Harrington, professor of phonetics and speech and an author of the study, told the BBC. "For accents to develop to the point where they are noticeable, it really takes a generational change," Harrington told the BBC.

Persons: —, Richard Gray, Jonathan Harrington, Harrington Organizations: Service, BBC, Business, Antarctic, of Phonetics, Ludwig, Maximilians, University of Munich, of America Locations: Antarctica

LUANG PRABANG, Laos (AP) — Landlocked Laos doesn't have the famous beaches of its neighbors to attract tourists, but instead relies on the pristine beauty of its mountains and rivers and historical sites to bring in visitors. The crown jewel is Luang Prabang, a UNESCO World Heritage Site where legend has it that Buddha once rested during his travels. Nestled among the mountains of northern Laos, Luang Prabang was the capital from the 14th to the 16th century before it was moved to Vientiane. “This dam won't generate a lot of power for Laos, it's going to power new shopping malls in Bangkok,” Eyler said of the Luang Prabang project. “In isolation, the potential transboundary harmful effects due to the Luang Prabang hydropower project may not be substantial," the river commission said.

Persons: Buddha, it's, ”, Brian Eyler, Stimson, Eyler, ” Eyler, Philip Hirsch, “, you've, ” Hirsch, Vietnam —, Barbara Curti Organizations: UNESCO, Asia Program, Sustainability, ” UNESCO, Associated Press, Ministry of Information, Foreign Ministry, Heritage, Monitor, Sydney University, CBA, Commission Locations: LUANG PRABANG, Laos, Prabang, Southeast Asia, Washington, Luang Prabang, Luang, Paris, New Delhi, Vientiane, Vietnam, China, Kunming, Thailand, Stimson, Bangkok, British, Cambodia, Asia, asia

☆ Ex-Google CEO Eric Schmidt quietly created a company called White Stork, which plans to build AI-powered attack drones, report says
▼ + stars: | 2024-01-24 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Ex-Google CEO Eric Schmidt has reportedly been building a startup called White Stork. AdvertisementFormer Google CEO Eric Schmidt is building a military startup called White Stork, which plans to produce AI attack drones , Forbes reported. White Stork wants to mass-produce drones that can use AI to identify targets, the new report said. The latest Forbes story also details how Schmidt has used an intricate business structure through several Limited Liability Companies. White Stork was an LLC called Swift Beat Holdings but changed its name to White Stork Group last September.

Persons: Eric Schmidt, Schmidt, —, Forbes, White Stork, Stork, Swift Organizations: Forbes, Service, Swift, Holdings, White, Group, Robotics, Google, Department of Defense's Innovation, Business

☆ Woman who burned herself on Dunkin’ coffee settles for $3 million
▼ + stars: | 2023-10-25 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —A Dunkin’ franchisee is paying a woman $3 million to settle a lawsuit involving hot coffee falling on her lap that she alleges caused severe burns and life-altering injuries, according to her lawyers. “America may run on Dunkin’, but our client had to re-learn how to walk due to the severity of her burns,” said Morgan & Morgan attorney Benjamin Welch in a statement. Other lawsuitsThis case echoes the famous McDonald’s hot coffee lawsuit several decades ago, in which another woman spilled coffee on her lap and suffered third-degree burns. The coffee was “30 to 40 degrees hotter than coffee served by other companies,” the law museum said. Morgan & Morgan founder John Morgan said in a statement that “restaurants still have failed to learn their lesson to prioritize customers’ safety.

Persons: Dunkin, ”, Morgan, Benjamin Welch, “, ” Welch, didn’t, Dunkin ’ isn’t, John Morgan, McDonald’s, Mable Childress, Childress, Peter Ou Organizations: New, New York CNN, American Museum of Tort, San, CNN Locations: New York, Atlanta, Georgia, America, San Francisco

☆ Ukraine's attacks on Crimea are hurting sales of Russia's S-400 air defense system, spy chief claims
▼ + stars: | 2023-09-23 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +4 min

Recent attacks on Crimea may end up hurting Russia's defense industry, Ukraine's spy chief said. Lt. Gen. Kyrylo Budanov said the attacks show "the obvious inability of Russian air defense systems." Ukraine has short-term military objectives being served by preoccupying — and destroying — Russia's air defense capabilities, Budanov said. But, he said, "from the political standpoint, we're also demonstrating the obvious inability of Russian air defense systems, which respectively makes them less lucrative on the world arms markets." "[W]hen the whole world sees that some drones are attacking Moscow, nobody wants to buy Russia air defense systems any longer," he said.

Persons: Ukraine's, Kyrylo Budanov, Budanov, Russia's, there's, Volodymyr Zelenskyy, preoccupying —, we're Organizations: Service, CNN, Institute for, NATO Locations: Crimea, Moscow, Wall, Silicon, Ukraine, Russia, Sevastopol, Washington, Olenivka, Crimean, Yevpatoriya, Turkey, Ankara, India, Kyiv

☆ How companies are embracing generative AI...or not
▼ + stars: | 2023-09-22 | by ( Jennifer Korn | ) edition.cnn.com time to read: +9 min

New York CNN —Companies are struggling to deal with the rapid rise of generative AI, with some rushing to embrace the technology as workflow tools for employees while others shun it – at least for now. Some companies are enacting internal bans on generative AI tools as they work to better understand the technology, and others have already begun to introduce the trendy tech to employees in their own ways. Among media companies that produce news, Insider editor-in-chief Nicholas Carlson has encouraged reporters to find ways to use AI in the newsroom. Of the companies currently banning ChatGPT, some are discussing future usage once security concerns are addressed. “I don’t think it’s that companies are against AI and against machine learning, per se.

Persons: JPMorgan Chase, Northrup, it’s, Mark McCreary, Fox Rothschild, McCreary, “, ” Jonathan Gillham, Nicholas Carlson, ”, ChatGPT, Larry Feinsmith, ” Northrop Grumman, “ They’re, they’re, ” Vern Glaser, Cheryl Ainoa, Donna Morris, PwC, “ Lilli ”, Lilli, Jacky Wright, EY.ai, OpenAI, ” Glaser Organizations: New, New York CNN — Companies, JPMorgan, Northrup Grumman, Apple, Verizon, Spotify, Accenture, Fox, Fox Rothschild LLP, CNN, “ Companies, Gannett, The Columbus Dispatch, UBS, JPMorgan Chase, Wall Street Journal, Entrepreneurship, Enterprise, University of Alberta, Walmart, Emerging Technologies, Consulting, McKinsey, PwC, ChatGPT, Fortune, ChatGPT Enterprise, Microsoft, Bing Locations: New York, ChatGPT, America

☆ McDonald’s once again sued after customer burns herself on hot coffee
▼ + stars: | 2023-09-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —McDonald’s is being sued over a hot coffee spill, again. Childress also said in the lawsuit that the restaurant employees “refused” to help her, a point that the McDonald’s denied. Third-degree burns are the most severe and penetrate through the entire skin. The coffee was “30 to 40 degrees hotter than coffee served by other companies,” the law museum said. Earlier this year, McDonald’s was found liable in another case involving hot food.

Persons: New York CNN —, Mable Childress, Childress, “, ”, Peter Ou, Ou, McDonald’s Organizations: New, New York CNN, CNN, American Museum of Tort, McDonald’s, Upchurch Foods Locations: New York, San Francisco, Florida, Miami

☆ McDonald's sued for 'severe burns' from spilled hot coffee — again
▼ + stars: | 2023-09-20 | by ( Alex Portée | ) www.cnbc.com time to read: +2 min

A San Francisco McDonald's is being sued after a woman in her 80s allegedly sustained "severe burns" from a scalding cup of coffee and was refused help by store employees. Childress alleges that the incident caused her to suffer severe burns, scarring, emotional distress, as well as hospital and medical expenses. Peter Ou, the owner and operator of the San Francisco franchise in question, responded to TODAY.com's request for comment via email. According to NBC News, in 1992, 79-year-old Stella Liebeck sustained third-degree burns when a hot coffee from a New Mexico-based McDonald's spilled onto her lap. In a statement to local outlet SFGate, her lawyer, Dylan Hackett, said the coffee cup had not been "properly" covered and the coffee itself was "scalding."

Persons: Francisco McDonald's, Mable Childress, Childress, Peter Ou, McDonald's, Stella Liebeck, Dylan Hackett, Hackett, SFGate, … Nobody Organizations: NBC News, San Francisco Superior, San Francisco Locations: Francisco, San Francisco, New Mexico

☆ Woman sues McDonald's over hot coffee spill nearly thirty years after the original infamous coffee lawsuit
▼ + stars: | 2023-09-19 | by ( Nancy Luna | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

A San Francisco woman is suing McDonald's over a hot coffee that spilled and burned her. The coffee spilled and gave her severe burns in her groin area, the court filing said. The most famous scalding incident came in 1994 when 79-year-old Stella Liebeck sued McDonald's for a hot coffee burn. Liebeck initially received a $2.9 million jury award after receiving third-degree burns from spilled McDonald's coffee. Years later in 2014, a Los Angeles woman sued McDonald's for allegedly serving her a hot coffee drink that badly burned her.

Persons: McDonald's, Mable Childress, San Francisco McDonald's, Childress, Peter Ou, Stella Liebeck, Liebeck Organizations: Service, San Locations: Francisco, Wall, Silicon, San Francisco, Los Angeles

Florida State, Miami and Florida were all ranked in The Associated Press college football poll on Sunday. 1 Georgia (3-0)Next: vs. UAB, Saturday. 4 Florida State (3-0)Next: at Clemson, Saturday. 7 Penn State (3-0)Next: vs. No. 21 Washington State (3-0)Next: vs. No.

Persons: Billy Napier, Charlotte, Mike Bobo's, we're, Xavier Worthy, Jonathon Brooks, Jerrin Thompson, Jordan Travis, DE Chop Robinson, Sam Hartman, Audric Estime, Quinshon Judkins, Duke, Travis Hunter, Thomas Gore, Leonard Taylor, Cameron Ward, Dante Moore, Joe Milton, Hendon Hooker, Kaleb Johnson, Billy Napier's, Ralph D, Russo Organizations: Florida State, Associated Press, Seminoles, Hurricanes, Gators, Tennessee, Florida, SEC, Kentucky, Vanderbilt, Georgia Tech, Atlantic Coast Conference, Carolina, Clemson, LSU, ACC, UAB, South, Rutgers, Big, Baylor, Arizona State, Ohio State, Notre Dame, Penn State, DE, Washington, Audric, UCLA, Mississippi State, USF, Oregon State, Washington State, Quinshon, Cincinnati, Iowa State, OU, Pittsburgh, Power, App State, UConn, Devils, Colorado State, Miami, UTSA, Hendon, Vols, Charlotte, Volunteers, AP Locations: Miami, Florida, South Carolina, Georgia, Temple, Tallahassee, Michigan, Texas, Wyoming, California, Kentucky, Iowa, Oregon, Colorado, Utah, . Arkansas, Mississippi, Alabama, Oklahoma, Cincinnati, Carolina, Salt Lake City, Tennessee, Louisiana, Lafayette

Eight women in Idaho and Tennessee are asking state courts to place holds on their states' abortion laws after being denied access to the procedure while facing harrowing pregnancy complications that they say endangered their lives. Political Cartoons View All 1154 ImagesLike the Texas lawsuit, none of the complaints filed Tuesday are seeking to overturn the states' abortion bans. Spokespersons for attorneys general in Idaho and Tennessee, which are both named as defendants in the cases, did not respond to emailed requests for comment. The legal challenges filed Tuesday comprise deeply personal testimonies from women who were denied abortion services and physicians who were terrified of violating the states' abortion bans. DHHS said the federal Emergency Medical Treatment and Labor Act supersedes state abortion bans that don’t have adequate exceptions for medical emergencies.

Persons: —, Roe, Wade, ”, Nancy Northup, preempts, Nicole Blackmon, Daniel, Blackmon, ” Blackmon, Emily Corrigan, ” Corrigan, Jennifer Adkins, Turner, Adkins, Jaci Statton, DHHS, Joe Biden's, Laura Ungar Organizations: U.S, Republican, Reproductive Rights, Texas Supreme, Center for Reproductive Rights, OU Health, U.S . Department of Health, Human Services, Associated Locations: Tenn, Idaho, Tennessee, Oklahoma, Texas, Idaho and Tennessee, Portland , Oregon, Louisville , Kentucky

[1/2] Lab-grown chicken from GOOD Meat is grilled by Chef Daniel Lugo at Jose Andres's China Chilcano, in Washington, U.S., July 13, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsSept 11 (Reuters) - Lab-grown meat can be labeled kosher and halal as long as its cells are derived in methods compliant with religious standards, according to two panels of experts commissioned by the nascent industry. "It’s another marker around making cultivated meat a real solution," said Josh Tetrick, CEO of GOOD Meat. More than 12 million people in the United States eat kosher products and 8 million eat halal products, according to the OU and Islamic Services of America, a halal certification agency. Regulators cleared cultivated chicken for U.S. consumption earlier this year and it has since been served at some high-end restaurants.

Persons: Chef Daniel Lugo, Leah Millis, Josh Tetrick, Tetrick, SuperMeat, Ido Savir, Leah Douglas, Bill Berkrot Organizations: REUTERS, GOOD, Companies, Orthodox Union, OU, Islamic Services of America, Thomson Locations: Jose, China, Washington , U.S, United States, Singapore

☆ What are neopronouns and how do you use them?
▼ + stars: | 2023-08-12 | by ( Scottie Andrew | ) edition.cnn.com time to read: +12 min

And then there are neopronouns (“new” pronouns), gender-neutral or nonbinary pronouns that are distinct from the common she, he and they. All pronouns indicate identity and can be used to include or exclude people they describe — neopronouns included, said Dennis Baron, one of the foremost experts on neopronouns and their histories and an emeritus professor of English and Linguistics at the University of Illinois at Urbana-Champaign. Other neopronouns are completely original to their user – some may choose to select a noun to describe themselves, like “star” or “starself” in place of binary pronouns like “she” or “herself.” These are called nounself neopronouns, but more on those later. Why people use neopronounsPeople may use neopronouns for the same reason someone else uses “she” and/or “they” — neopronouns may better align with one’s identity. An intro to nounself neopronounsLeaf, sun, star — nounself pronouns are neopronouns that use nature and other inspirations as nonbinary or genderless descriptors.

Persons: CNN —, ”, they’re, Dennis Baron, ” Baron, “, ” Neopronouns, Janelle Monáe, Emma Corrin, Jonathan Van Ness, Neopronouns, nonbinary, Baron, xyr, heer, ze, Ze, hirself, fay, Fae, Ey, —, Dua Saleh, who’s, Saleh, ” “, ” Saleh, aren’t, ” CNN’s Harmeet Kaur, he’s, “ heer, himer ”, Ella Young, ” Young, JWL, Noah Webster’s, Webster, thon ”, Charles Crozat Converse, thon, Michael Spivak, Jason D’Angelo, fandoms, Ehm Hjorth Miltersen, one’s, ” Miltersen, Miltersen Organizations: CNN, University of Illinois, “, Human Rights, Human, Netflix, Chicago Tribune, Sacramento Bee, Merriam, Webster, New York Times Locations: Urbana, Champaign, England, ”, Chicago

☆ Warburg Pincus names Asia real estate chief Perlman as president
▼ + stars: | 2023-07-19 | by ( Kane Wu | ) www.reuters.com time to read: +2 min

July 20 (Reuters) - Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to Timothy Geithner as president. Geithner, who was U.S. Treasury Secretary in the Obama administration and had headed the Federal Reserve Bank of New York, will become the chair of the New York-based investment firm. "Now is the ideal time to put in place a plan for the next generation of leadership at the firm," Warburg CEO Chip Kaye said. Warburg Pincus has already raised more than the targeted $16 billion in its global flagship private equity fund, said a person with knowledge of the matter. Founded in 1996, Warburg has more than $83 billion in assets under management and its portfolio spans more than 250 companies.

Persons: Warburg Pincus, Jeffrey Perlman, Timothy Geithner, Geithner, Obama, Warburg, Chip Kaye, Kaye, Perlman, Pritam Biswas, Niket, Kane Wu, Arun Koyyur Organizations: Wednesday, Treasury, Federal Reserve Bank of New, Reuters, Ou Asset Management Co, HK, Industrial Development JSC, Thomson Locations: Asia, Federal Reserve Bank of New York, York, China, Ou, Southeast Asia, Pacific, Bengaluru, Hong Kong, Lincoln

☆ Trump's campaign sent DeSantis donors a list of all of his struggles thus far
▼ + stars: | 2023-07-17 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Former President Donald Trump's campaign has found a new way to troll Ron DeSantis. Top Trump advisors wrote to DeSantis' donors with a list of his struggles. Ron DeSantis' donors, urging them to press the GOP presidential hopeful on his campaign's struggles thus far. "The numbers suggest, for the first time, that solvency could be a threat to DeSantis' campaign," the memo read, quoting an NBC report about how DeSantis' campaign is strapped for cash. In response, DeSantis' campaign pointed to a statement touting its $20 million haul in six weeks.

Persons: Donald Trump's, Ron DeSantis, Top, DeSantis, Chris LaCivita, Susie Wiles, Trump's, –, Generra Peck, Trump Organizations: Top Trump, Service, Florida Gov, Trump, GOP, NBC, New York Times, Politico Locations: Wall, Silicon, Florida

☆ Divisive China, Taiwan bids to join Pacific trade pact in focus at meet
▼ + stars: | 2023-07-14 | by ( Lucy Craymer | ) www.reuters.com time to read: +4 min

Britain will become the 12th member to join the pact that cuts trade barriers, as it looks to deepen ties in the Pacific. In support of its application, Britain has said that CPTPP countries will have a combined GDP of 11 trillion pounds ($13.6 trillion) once Britain joins, or 15% of global GDP. "There’s a large gap between the high standards and binding commitments that are demanded of CPTPP members, and where China is currently at," he added. The other countries' applications also provide opportunities. "After modernising the Canada-Ukraine FTA this year, Canada knows that Ukraine is capable of meeting the high standards of the CPTPP," she said.

Persons: Charles Finny, CPTPP, Chris Hipkins, Shu Jueting, Penny Wong, Aidan Arasasingham, Joanne Ou, Roy Lee, Mary Ng, Lucy Craymer, Ben Blanchard, Joe Cash, Praveen Menon, Muralikumar Organizations: WELLINGTON, Trans, Pacific, New Zealand, Reuters, Centre, Strategic, International Studies, Washington DC, Thomson Locations: Pacific, Auckland, China, Taiwan, New Zealand, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Peru, Singapore, Vietnam, Britain, Costa Rica, Uruguay, Ecuador, Ukraine, New, Beijing, Zealand, Jakarta, Taipei, CPTPP, Wellington

☆ China mutual funds cut fees as regulator targets $3.7 trillion sector
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +4 min

The cuts, which the fund companies said in identical phrasing were "aimed at reducing investors' costs in managing their wealth", come after China's securities regulator on Saturday vowed to guide mutual fund fees lower. Fund management fees would be capped at 1.2% of assets and custodian fees at 0.2%, state media reported. Nevertheless, the industry collected 144.1 billion yuan in management fees in 2022, up 1.7% from a year earlier, according to TX Investment Consulting Co. FEE CUTFullGoal Fund Management Co said it would cut fees on 119 products starting Monday, while Harvest Fund Management announced cuts for 113 products. The CSRC published opinions in April last year to promote high-quality growth of the mutual fund industry.

Persons: Morningstar, Ivan Shi, China's, Warburg Pincus, Samuel Shen, Tom Westbrook, Selena Li, Muralikumar Anantharaman, Jamie Freed Organizations: China Asset Management Co, Bank of Communications Schroder Fund Management, China Securities Regulatory Commission, Ben Advisors, Investment Consulting Co, Management, Harvest Fund Management, Asset Management Co, Ou Asset Management Co, Warburg, Shanghai Securities News, Thomson Locations: SHANGHAI, SINGAPORE, China, United States, Shanghai, China's

☆ Version française: 4e nuit de violences avant les obsèques de Nahel
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +4 min

Le ministère de l'Intérieur a annoncé que 1.311 personnes avaient été interpelées, un chiffre en forte hausse par rapport aux 875 de la nuit précédente, mais souligné sur Twitter que "les violences commises cette nuit ont été d'une plus faible intensité en comparaison à la nuit précédente". "Nous appartenons à la même communauté de foi", a ajouté une femme. Reuters a également pu constater que les accès au cimetière seraient bloqués pendant l'inhumation de Nahel. Jeudi, une marche blanche en la mémoire du jeune homme avait réuni plusieurs milliers de personnes. Reportage Gilles Guillaume, avec Noemie Olive et Tassilo Hummel à Nanterre et Marc Leras à MarseilleOur Standards: The Thomson Reuters Trust Principles.

A Social Security number (SSN) allows the government and other entities to track personal information like employment history, tax contributions, and Social Security benefits. Qualifying reasons for new social security numberThe SSA outlines legitimate reasons to request a new Social Security number. Drawbacks of changing your Social Security numberA Social Security number change doesn't erase your financial history. New Social Security number frequently asked questionsCan you get a new Social Security number if your identity is stolen? Knowingly maintaining two Social Security numbers can result in a Social Security fraud charge, which can result in a maximum of five years in prison.

Persons: Nilsa Henriquez, Henriquez, —, TransUnion, It's, you've Organizations: Social Security, Social, SSA, Social Security Administration, New Social

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