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☆ South Carolina restarts executions after 13 years
▼ + stars: | 2024-09-21 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

His last chance to avoid death was for Republican South Carolina Gov. South Carolina first tried to add the firing squad to restart executions after its supply of lethal injection drugs expired and no company was willing to publicly sell them more. South Carolina law allows condemned people to choose lethal injection, the new firing squad or the electric chair built in 1912. South Carolina restarts the death penaltySouth Carolina’s last execution was in May 2011. South Carolina has put 43 people to death since the death penalty was restarted in the U.S. in 1976.

Persons: Freddie Owens, couldn’t, Owens, Hillary Taylor, Freddie Eugene Owens, Chris Carlson, gurney, ”, Owens ’, Henry McMaster, thoughtfully, ” Owens, Khalil Divine Black Sun Allah, Irene Graves, Graves ’, Christopher Lee, Lee, Graves, Steven Golden, Prosecutors, “ Mr, Owens’s, Gerald “ Bo ” King Organizations: COLUMBIA, U.S, Supreme, Republican South Carolina Gov, McMaster, Correctional Institution, South Carolina, Prosecutors Locations: —, Carolina, Greenville, Columbia, Carolina’s, Broad, . South Carolina, U.S

COLUMBIA, S.C. — The South Carolina Supreme Court on Thursday refused to stop the execution of Freddie Owens who is set to die by lethal injection next week in the state’s first execution in 13 years. South Carolina Department of CorrectionsThe decision keeps on track the planned execution of Owens on Sept. 20 at the Broad River Correctional Institution in Columbia. The state didn’t set out to pause executions, but its supply of lethal injection drugs expired and companies refused to sell the state more if the transaction was made public. Henry McMaster alone has the power to reduce Owens’ sentence to life in prison. Not even the state of South Carolina.

Persons: Freddie Owens, Owens, Freddie Eugene Owens, Irene Graves, Steven Golden, Graves, couldn’t, Golden, “, ”, Henry McMaster, McMaster, hasn’t, ” McMaster, Hillary Taylor, ” Taylor, David Kennedy Organizations: COLUMBIA, South Carolina Supreme, Freddie Eugene Owens . South Carolina Department of Corrections, Correctional Institution, Prosecutors, South, NAACP Locations: Freddie Eugene Owens ., Columbia, Greenville, South Carolina, U.S, Laurens County

☆ Federal appeals court issues another blow to Biden’s student loan repayment plan
▼ + stars: | 2024-08-09 | by ( Devan Cole | Katie Lobosco | ) edition.cnn.com time to read: +2 min

Washington CNN —A federal appeals court delivered on Friday another blow to President Joe Biden’s student loan repayment plan, siding with Republican-led states that asked it to block further implementation of the plan until their challenge to it is resolved. Those borrowers have been placed in an interest-free forbearance during which they are not required to make monthly student loan payments. The high court is already considering a separate request from the administration stemming from another challenge to the plan. SAVE is one of the Biden-Harris administration’s key student loan policies. SAVE was launched soon after the Supreme Court knocked down Biden’s signature, one-time student loan forgiveness program last summer.

Persons: Joe Biden’s, Biden, ’, Raymond Gruender, George W, Bush, Ralph Robert Erickson, Leonard Steven Grasz, Donald Trump, Harris Organizations: Washington CNN, Republican, of Education, Circuit, Appeals, Department, Education, SAVE, Biden

Now, the broader conservative movement is trying to figure out what it means for a potential second Trump administration. “Since the Fall of 2023, President Trump’s campaign made it clear that only President Trump and the campaign, and NOT any other organization or former staff, represent policies for the second term,” Alvarez said in a statement. Still, staffing the administration could be a major place where Project 2025’s work plays into a Trump administration, even if the Trump campaign swatted the effort aside. “If Trump is re-elected, as we hope he will be, there will be thousands of appointments,” said Steven Groves, who helped put together the Project 2025 policy book. Groves, who helped put together Project 2025 policy framework, said: “I understand politics.

Persons: Donald Trump, Trump’s, ”, Trump, Paul Dans, Marc Short, Mike Pence, president’s, Danielle Alvarez, ” Alvarez, President Trump, “, Chris Christie, Stephen Moore, Edwin Feulner, Sen, Bill Hagerty, Linda McMahon, McMahon, Hagerty, Lara Trump, ” Trump, Steven Groves, bodes, Moore, Ronald Reagan, Groves, It’s, ” Groves Organizations: GOP, Trump, Heritage Foundation, Republican, Democratic, New, New Jersey Gov, General Services Administration, Trump America, Policy, Republican National Committee, The Washington Times, Republicans, “, Fox News, Social Locations: Trump, New Jersey

☆ A FIRE couple who retired early at 29 and visited every national park and state share their favorites — and the ones to skip
▼ + stars: | 2024-07-11 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

Read previewSteven and Lauren Keys, now 33 and 34, retired at 29 and have visited every state and national park — managing to grow their wealth while doing so. They've explored much of the country, deciding their favorite national parks are in California and Alaska — while their least favorite are in the Midwest. "We've been to Yosemite a couple of times, and there are areas where you're sitting in traffic literally in a national park for an extra 45 minutes." About 41% of the total cost of attending all national parks came from traveling to Alaska, Hawaii, and other American territories. Their least favorite national park was Hot Springs in Arkansas, which was the first national park they visited.

Persons: —, Steven, Lauren Keys, They've, Lauren, It's, We've, Hawaii's Haleakalā, St . Louis, St, Rushmore Organizations: Service, Business, University of Florida, Facebook, Yosemite, Hawai'i Volcanoes, Springs, Voyageurs, Kansas City Locations: California, Alaska, Tampa, Florida, New York, Hawaii, Gainesville —, Australia, Canada, Yosemite, Eureka Valley, Badwater, Hawai'i, Maui, Yellowstone, American Samoa, Carlsbad, Arkansas, St ., Minnesota, Guadalupe, Texas, Utah, Southern California, Oahu, Kansas , Missouri, South Carolina, New Jersey, Kansas, Louis, North Dakota, South Dakota , Idaho, Montana

☆ The fashion industry needs better sourcing and waste practices — fast. Cloud computing could be a long-term fix.
▼ + stars: | 2024-06-13 | by ( Jake Hall | ) www.businessinsider.com time to read: +8 min

Cloud computing is gaining tractionCloud computing offers on-demand services, from storage to software, over the internet. And the fashion industry has gradually been waking up to the potential of cloud computing. In her report, "Fashion Transformation 4.0: Beyond Digitalization & Marketing in Fashion Industry," she said that the fashion industry must embrace new technologies in order to survive. "Fashion is a terribly old-fashioned industry," Alies ter Kuile, the cofounder of Fashion Cloud, said. With cloud computing, retailers can avoid overbuying stock — a key driver of fashion's textile-waste problem.

Persons: —, It's, Porter, Eon, there's, Bharati Rathore, Rathore, ter, ter Kuile, they're, Ter Kuile, Alan Holcroft, Steven Gonzalez Monserrate Organizations: Service, Green, Google, University of South, Marketing, Fashion Industry, Brands, Cegid Locations: University of South Wales, Dutch, ter Kuile

☆ A former Facebook director says managers need to kill the weekly 1:1 meeting. Here's why.
▼ + stars: | 2024-05-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

Read previewA former Facebook director thinks the weekly 1:1 meeting with your manager needs a reboot. AdvertisementAgarwal suggested bosses give feedback every three to six months rather than weekly. But it's what "good" managers did," Agarwal wrote of the weekly appointments. Instead, Agarwal suggested that bosses should save themselves and their direct reports' time to focus on getting work done and making the company successful. Weekly 1:1s undermine this," he wrote.

Persons: —, Aditya Agarwal, Agarwal, He's, Facebook's, Aditya Agarwal Steven G, Rogelberg, doesn't, what's Organizations: Service, Business, South Park, University of North Locations: University of North Carolina, Charlotte

☆ Overlooked No More: Min Matheson, Labor Leader Who Faced Down Mobsters
▼ + stars: | 2024-05-03 | by ( Steven Greenhouse | ) www.nytimes.com time to read: 1 min

This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times. It was in northeastern Pennsylvania that Min Matheson earned her reputation for fearlessness. Over her 20 years as director of the International Ladies’ Garment Workers’ Union there, she repeatedly faced down mobsters in her fight for fair wages and safe conditions for women workers. In one incident, she confronted several menacing “tough guys,” as she called them, in Pittston, Pa., where she was marching on a picket line alongside other women.

Persons: Min Matheson Organizations: ’ Garment Workers ’ Union Locations: Times, Pennsylvania, Pittston, Pa

☆ Beyond the U.S.: Investment analyst names markets — and stocks — he’s betting on right now
▼ + stars: | 2024-04-11 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

One investment analyst says he's looking for opportunities outside the U.S. stock market. HDFC Bank In India, the investment analyst is betting on Indian bank HDFC . HDFC Bank recently reported 55.4% year-on-year growth in gross advances for the quarter ended March 31. Shares in the bank are traded in the Nifty India Financials ETF (15.6% weight) and iShares India 50 ETF (11.2%). Shares in the life insurer are traded in the iShares MSCI Hong Kong ETF (20.0% weight) and Franklin FTSE Hong Kong ETF (19.2%).

Persons: we've, Steven Glass, CNBC's, Glass, AIA's Organizations: Sydney, Pella Funds Management, HDFC Bank, India, India Financials, AIA, AIA Group, Hong, Hong Kong ETF, Franklin FTSE, Franklin FTSE Hong Kong ETF Locations: Europe, Pella, Asia, China, India, FactSet, Singapore, Vietnam, Hong Kong, Franklin FTSE Hong

☆ Meteorites may be lost to Antarctic ice as climate warms, study says
▼ + stars: | 2024-04-10 | by ( Katie Hunt | ) edition.cnn.com time to read: +9 min

Ice sampling occurs on a blue ice area during the 2022 Chilean Antarctic Institute field mission. “As the climate continues to warm, Antarctic rocks are sinking into the ice at an increasing rate. Meteorites are particularly plentiful in blue ice fields. Steven Goderis/Vrije Universiteit BrusselResearchers have identified areas of meteorite-rich blue ice mostly by luck. “The main worry is the logistical aspect of searching for Antarctica meteorites, which is already difficult today due to the remoteness of Antarctica.

Persons: Maria Valdes, ”, Valdes, Robert A, “, José, wasn’t, Balchenfjella, Steven Goderis, Veronica Tollenaar, ” Valdes, Tollenaar, ” Tollenaar, Harry Zekollari, Katherine Joy, Matthias van Ginneken, van Ginneken, Kevin Righter, Righter Organizations: CNN, Field, University of Chicago, Pritzker Center, Meteoritics, Polar Studies, Antarctic Institute, University of Santiago, Vrije Universiteit Brussel, Université Libre de Bruxelles, University of Manchester, University of Kent’s, Astrophysics, NASA Johnson Space Center Locations: Antarctica, Chile, Vrije, Université, Belgium, Houston

☆ Opinion | American Jews, Liberalism and Zionism
▼ + stars: | 2024-03-25 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “American Jews in the Age of Palestine,” by Peter Beinart (Opinion guest essay, March 24):There is a fundamental flaw in the article. Zionism does not require backing the Israeli government; it does assume backing for the State of Israel. It is a choice to support what many of us believe to be Jewish values, with the domination of the Palestinians being un-Jewish. Yes, there is a rupture between Prime Minister Benjamin Netanyahu and the Jewish diaspora, but that does not translate to a rupture with Israel, at least not yet. Since 1913, the ADL has hewed to a strictly nonpartisan strategy in calling out antisemitism — whether it emanates from the far left or the extreme right, or anywhere in between.

Persons: Peter Beinart, Benjamin Netanyahu, Steven Goldberg Brooklyn, ‘, ” Organizations: State, Defamation, “ Republicans, ADL Locations: Palestine, Israel

☆ Dengue Outbreaks on Rise in Brazil as Vaccine Rollout Lags
▼ + stars: | 2024-03-06 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

On Tuesday, Sao Paulo's state department of health declared a state of emergency, estimating 300 cases for every 100,000 inhabitants. "We have six million doses this year and 50 million doses over five years," he said. Dengue is now present in 85% of Brazil's municipalities, Kfouri added, spreading into regions where it was never seen before. In some cases, the disease can cause a more severe hemorrhagic fever, resulting in bleeding that can lead to death. The Health Ministry's latest weekly bulletin cited some 1.3 million "possible cases" of dengue nationwide and 299 confirmed deaths related to the disease this year.

Persons: Renato Kfouri, Kfouri, Sebastian Rocandio, Steven Grattan, Bill Berkrot Organizations: SAO PAULO, Reuters, Sao Paulo, Leandra Locations: Brazil, Sao Paulo's, Brazil's municipalities

☆ A Fading Weapon in the H.I.V. Fight: Condoms
▼ + stars: | 2024-02-27 | by ( Benjamin Ryan | ) www.nytimes.com time to read: +1 min

The worrisome trend points to an urgent need for better prevention strategies as the nation struggles to beat the H.I.V. Over the past decade, prevention medication known as PrEP has helped fuel a moderate drop in H.I.V. as well as other sexually transmitted infections, has been declining across the board in recent years, not just among gay men, contributing to a rise in sexually transmitted infections. Researchers said that, with so much focus on PrEP, public health officials have overlooked condoms, contributing to the drop-off in their use. “The goal of promoting PrEP is a valuable one, but it has overshadowed other prevention strategies like condoms,” said Steven Goodreau, an H.I.V.

Persons: Gay, ”, Steven Goodreau Organizations: University of Washington, Centers for Disease Control

☆ Sven-Göran Eriksson: After terminal cancer diagnosis, Liverpool fan is set for emotional day at club’s Anfield stadium
▼ + stars: | 2024-02-13 | by ( Sammy Mncwabe | ) edition.cnn.com time to read: +2 min

CNN —Former England manager Sven-Göran Eriksson will be part of the Liverpool FC Legends management team for a charity soccer match, the club announced in a statement on Tuesday. Eriksson, who publicly revealed his terminal cancer diagnosis last month, will be on the sidelines alongside Liverpool greats Ian Rush, John Barnes and John Aldridge against an Ajax Legends team. The annual LFC Foundation charity match will be held at Anfield on March 23. Following the news of Eriksson’s diagnosis, Liverpool manager Jürgen Klopp invited the Swede to Anfield after the former England boss said he would never be able to fulfil his dream of managing Liverpool following his terminal cancer diagnosis. According to Liverpool, all proceeds from next month’s charity match will support the work of the club’s foundation and its charity partners.

Persons: Sven, Göran Eriksson, Eriksson, Ian Rush, John Barnes, John Aldridge, ”, “, Jürgen Klopp, Swede, “ You’re, ” Klopp, “ That’s, ” Eriksson, David Beckham, Wayne Rooney, Steven Gerrard, Frank Lampard, Rio Ferdinand Organizations: CNN, Liverpool FC Legends, Liverpool, Ajax Legends, LFC Foundation, Anfield, Sky, Sky Sports, English, Portugal Locations: Anfield, England, Swedish, Liverpool, Rio, China, Mexico, Philippines

☆ The Labor Movement Hasn’t Taken Off. A New Book Explains Why.
▼ + stars: | 2024-02-13 | by ( Willa Glickman | ) www.nytimes.com time to read: +2 min

As Nolan writes in “The Hammer,” his lively account of the current landscape of American labor organizing, “It was reminiscent of Dr. Evil in ‘Austin Powers’ demanding as his ransom request for the entire world, ‘One million dollars!’”Nolan’s book joins the ranks of Steven Greenhouse’s “Beaten Down, Worked Up” and Jane McAlevey’s “A Collective Bargain” in making a rousing case for a robust labor movement. “The Hammer” aims to show that unions are the best way to combat economic inequality, give disenfranchised people genuine political power and counter the allure of the far right among the working class. What would such an announcement look like? “Perhaps every worker will emerge from the office and fire guns in the air,” Nolan muses, “until the smoke wafts over A.F.L.-C.I.O.

Persons: Hamilton Nolan, Liz Shuler, Nolan, “, Dr, ‘ Austin Powers, Steven Greenhouse’s “, Jane McAlevey’s “, Rich Yeselson, ” Nolan, ” Organizations: Labor, Gawker Locations: United States, Philadelphia, “, A.F.L

(AP) — A truck hauling zebras and camels for a series of weekend circus performances caught fire early Saturday on a northeastern Indiana highway, prompting a police rescue of the animals, which roamed along the freeway, some munching on grass. The tractor-trailer caught fire about 2 a.m. along Interstate 69 in Grant County and a state trooper, a Grant County Sheriff's deputy and a third person rescued the five zebras, four camels and a miniature horse by leading them off the smoked-filled trailer, said Sgt. The Grant County Sheriff's Office posted photos and videos on Facebook of camels walking on the highway and later standing along its shoulder and its median with zebras and law enforcement officers. Political Cartoons View All 253 Images“It’s not something we see every day,” said Deputy Brent Ressett with the Grant County Sheriff’s Office. The truck was bringing the animals from Florida to Fort Wayne for four weekend circus performances in the northeastern Indiana city benefitting the Mizpah Shrine Circus, said Steve Trump, its circus director.

Persons: Steven Glass, ”, Brent Ressett, Grant, Steve Trump, ” Trump, “ Organizations: Indiana State Police, Sheriff's, Sheriff’s Office, Shrine, Fort Wayne's Locations: MARION, Ind, Indiana, Grant County, Grant, Sarasota , Florida, Marion, Indianapolis, Florida, Fort Wayne

☆ Lula's Approval Ratings Inch up Ahead of Brazil's Local Elections -Poll
▼ + stars: | 2024-01-23 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

Those who consider Lula's administration as bad or terrible increased marginally to 27.9% from 27.2 four months ago, it showed. The rating of the leftist president's performance edged up to 55.2% from 54.9% in September, while disapproval also rose slightly to 39.6 from 39.0%, the MDA poll commissioned by the transport sector lobby CNT. Lula gets his best approval ratings among lower-income Brazilians and in poorer northeastern Brazil, his political bastion. He does badly among higher income groups and evangelical Christian voters, MDA said. MDA polled 2,002 people in person between Jan. 18-21 and the poll has a margin of error of 2.2 percentage points.

Persons: Luiz Inacio Lula da, Lula, Marcelo Souza, Anthony Boadle, Steven Grattan, Susan Fenton Organizations: Reuters, pollster MDA, MDA, CNT, Christian Locations: BRASILIA, Brazil

☆ Jürgen Klopp invites Sven-Göran Eriksson to be Liverpool manager after Swede’s terminal cancer diagnosis
▼ + stars: | 2024-01-20 | by ( Thomas Schlachter | Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Liverpool manager Jürgen Klopp has invited Sven-Göran Eriksson to Anfield after the former England boss said he would never be able to fulfil his dream of managing Liverpool following his terminal cancer diagnosis. “You’re invited from the bottom of all our hearts to come here,” Klopp told Sky Sports. During his career, Eriksson managed several club sides including Manchester City, Lazio and Roma, but never Liverpool. Liverpool manager Jürgen Klopp invited Eriksson to Anfield. Alex Dodd/CameraSport/Getty Images“My father is still alive and he’s still a Liverpool supporter and I’m a Liverpool supporter as well, I’ve always been,” he said in an interview with Sky.

Persons: Jürgen Klopp, Sven, Göran Eriksson, “ You’re, ” Klopp, “ That’s, ” Eriksson, Eriksson, Alex Dodd, I’m, I’ve, ”, David Beckham, Wayne Rooney, Steven Gerrard, Frank Lampard, Rio Ferdinand, Swede, Eriksson – Organizations: CNN, Liverpool, Anfield, Sky Sports, Manchester City, Roma, Sky, English, Portugal Locations: England, Lazio, Liverpool, China, Mexico, Philippines

☆ Brazil's Senate Leader Pacheco Says Government to Revoke Payroll Tax Proposal
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Brazilian Senate leader Rodrigo Pacheco said on Friday the government would revoke a proposal it made to phase out the extension of payroll tax exemptions for various labor sectors, yielding to the will of the lawmakers on the matter. Speaking at a Lide Group event in Switzerland, Pacheco said that payroll tax exemption for 17 sectors of the economy until 2027 would remain. "The exemption will stand, and there is a commitment from the federal government to...revoke this provisional measure in the part that concerns the payroll exemption," Pacheco said during a panel session at the event in Zurich. Lawmakers voted to extend payroll tax exemptions for 17 labor sectors until 2027, with an impact of 12 billion reais ($2.44 billion) that had not yet been incorporated into the 2024 budget. The government package, which met with immediate political opposition, proposed reducing and gradually phasing out these benefits.

Persons: Rodrigo Pacheco, Pacheco, we've, Luiz Inacio Lula da Silva, Eduardo Simões, Steven Grattan, Kirsten Donovan Organizations: Reuters, Lawmakers Locations: Switzerland, Zurich

☆ Jordan Henderson: After six months in Saudi Arabia, England international has returned to European soccer
▼ + stars: | 2024-01-19 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Soccer player Jordan Henderson has announced that he is returning to Europe to join Ajax, six months after making a controversial move to Saudi Arabia. Henderson makes a pass during the Saudi Pro League match between Al Ettifaq and Al Ittihad in November. Yasser Bakhsh/Getty ImagesHenderson’s move from Liverpool to Al-Ettifaq came under scrutiny given the midfielder’s previous support of LGBTQ rights. But in moving to Saudi Arabia – where same-sex sexual activity is an offense, according to Human Rights Watch – Henderson attracted criticism from LGBTQ campaign groups and the wider soccer community. He made 17 league appearances during his six months with Al Ettifaq, which is managed by Liverpool great Steven Gerrard.

Persons: Jordan Henderson, “, I’ve, Ettifaq, Samer Al Misehal, ”, “ Jordan, he’d, Saad Allazeez, Henderson, Al Ettifaq, Yasser Bakhsh, – Henderson, ” Henderson, Cristiano Ronaldo, Karim Benzema, Steven Gerrard Organizations: CNN — Soccer, Ajax, England, Saudi Pro League, Al, Twitter, Jordan, ESPN, SPL, Stonewall, Saudi Arabia –, Human Rights, Liverpool, Athletic, Champions League, Premier League Locations: Europe, Saudi Arabia, Al Ittihad, Liverpool, Al

☆ Sven-Göran Eriksson: Former England manager says he has ‘about a year’ to live as he confirms cancer diagnosis
▼ + stars: | 2024-01-11 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +2 min

CNN —Former England manager Sven-Göran Eriksson has publicly revealed he has terminal cancer and has “about a year” to live, the 75-year-old told Swedish radio station P1 on Thursday. Former England captain Rooney posted his support for his former coach on Thursday. We’re all with you Sven, keep fighting,” Rooney posted on X, formerly known as Twitter. It was Eriksson who handed Rooney his England debut in 2003 against Australia when the then Everton forward was only 17. Manchester City posted its well-wishes to its former manager.

Persons: Sven, Göran Eriksson, Eriksson, “, ”, David Beckham, Wayne Rooney, Steven Gerrard, Frank Lampard, Rio Ferdinand, Swede, Eriksson –, Rooney, Sven Goran, ” Rooney Organizations: CNN, Swedish, Reuters, BBC, England national, English, Portugal, England, “, Everton, Lazio, Manchester City Locations: Australia, Italy, England, China, Mexico, Philippines, Manchester

☆ Five stocks to buy before the year end, according to the pros
▼ + stars: | 2023-12-05 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +5 min

FactSet data shows that 70% of the 43 analysts covering Snowflake have buy or overweight ratings on the stock. Year-to-date shares in the biotechnology and life sciences equipment manufacturer are down nearly 4%, but Ghosh remains positive. Schneider Electric Elsewhere, French energy management company Schneider Electric is on the radar of Steven Glass, managing director and investment analyst at Pella Funds. "We're very bullish, although it's not as cheap as it used to be on Schneider Electric. Year-to-date, shares in Schneider Electric are up around 28%.

Persons: Karen Kharmandarian, Colette Kress, Warren Buffett, Rahul Ghosh, Rowe Price, Ghosh, Steven Glass, it's, Glass, Schneider Organizations: Big Tech, CNBC Pro, Nvidia, Thematics Asset Management, U.S, Robotics Fund, Berkshire Hathaway, BE Semiconductor Industries, BE Semiconductor, BE, Danaher Corp, Schneider, Pella Funds Locations: China, Snowflake, Danaher, Pella

☆ Lula says Brazil's participation in OPEC+ is to stop oil producers using fossil fuels
▼ + stars: | 2023-12-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thaier Al Sudani/File Photo Acquire Licensing RightsSAO PAULO, Dec 2 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Saturday that Brazil's participation in the OPEC+ group of oil-producing countries is to convince nations to transition away from the use of fossil fuels. Brazil indicated on Thursday that it was on the brink of joining OPEC+, a group of 23 oil-producing countries. "We will lead oil-producing countries to accelerate the energy transition. Under the leadership of President Lula we want to use oil revenues to finance clean and renewable energy," he said. But Brazil is not expected to cap oil output as part of OPEC+, three sources told Reuters in a report published on Thursday.

Persons: Luiz Inacio Lula da Silva, Al Sudani, Lula, Alexandre Silveira, Silveira, Ricardo Brito, Steven Grattan, Matthew Lewis Organizations: United Nations, Change, United Arab Emirates, REUTERS, SAO PAULO, OPEC, Petrobras, PETR4, Reuters, Paulo, Thomson Locations: Dubai, United Arab, OPEC, Brazil, Africa, Latin America, South America

☆ Lula Says Brazil's Participation in OPEC+ Is to Stop Oil Producers Using Fossil Fuels
▼ + stars: | 2023-12-02 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Saturday that Brazil's participation in the OPEC+ group of oil-producing countries is to convince nations to transition away from the use of fossil fuels. Brazil indicated on Thursday that it was on the brink of joining OPEC+, a group of 23 oil-producing countries. "We will lead oil-producing countries to accelerate the energy transition. Under the leadership of President Lula we want to use oil revenues to finance clean and renewable energy," he said. But Brazil is not expected to cap oil output as part of OPEC+, three sources told Reuters in a report published on Thursday.

Persons: Luiz Inacio Lula da Silva, Lula, Alexandre Silveira, Silveira, Ricardo Brito, Steven Grattan, Matthew Lewis Organizations: SAO PAULO, Reuters, OPEC, Petrobras Locations: OPEC, Brazil, Dubai, Africa, Latin America, South America, Sao Paulo

☆ Brazil to join OPEC+ but won't cap oil output, Petrobras CEO says
▼ + stars: | 2023-12-01 | by ( Rodrigo Viga Gaier | ) www.reuters.com time to read: +2 min

Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil March 2, 2023. "We would never be part of an organization that imposes (production) quotas to Brazil, Petrobras is a publicly-traded company and we cannot have quotas." Brazil's energy minister said on Thursday the country was eager to join OPEC+ after a full technical analysis. Brazil is the largest oil producer in South America, at 4.6 million barrels per day of oil and gas, of which 3.7 million bpd are crude. Prates, who in October received OPEC Secretary General Haitham Al Ghais in Brazil, noted OPEC+ was a group that includes countries with no voting rights and to which production caps are not imposed, which would be the case of Brazil.

Persons: Jean Paul Prates, Pilar Olivares, Luiz Inacio Lula da Silva's, Haitham Al, Brazil's, Prates, Rodrigo Viga Gaier, Gabriel Araujo, Steven Grattan Organizations: Petrobras, REUTERS, DE, PETR4, Reuters, OPEC, Thomson Locations: Brazil's, Rio de Janeiro, Brazil, DE JANEIRO, OPEC, American, South America, Haitham Al Ghais

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