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☆ After FTX's collapse, an SEC commissioner says crypto is worsening finance's existing flaws, while investors look for answers on regulatory concerns
▼ + stars: | 2022-11-18 | by ( April Joyner | ) www.businessinsider.com time to read: +6 min

Investors told Insider that they welcome regulation and more guidance at the federal level. In Lizárraga's view, many crypto companies have not only replicated the flaws of the traditional finance industry, but they've made them worse by operating in a regulatory gray area. Instead, crypto companies can protect both themselves and their customers by embracing regulation rather than seeking to sidestep it, he said. She decided to partner with the fintech company Apex for Zingeroo's crypto offering rather than a pure-play crypto exchange because she felt more confident that Apex would follow proper compliance. But others, including some venture capitalists, have suggested that federal regulators have not provided enough clarity to crypto companies.

☆ Fossils of car-sized dinosaur-era sea turtle unearthed in Spain
▼ + stars: | 2022-11-17 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

It dwarfed today's largest turtle - the leatherback, which can reach 7 feet (2 meters) long and is known for marathon marine migrations. Other large turtles from Earth's past include Protostega and Stupendemys, both reaching about 13 feet (4 meters) long. Protostega was a Cretaceous sea turtle that lived about 85 million years ago and, like its later cousin Archelon, inhabited the large inland sea that at the time split North America in two. The presence of a couple of bony bulges on the front side of the pelvis differs from any other known sea turtle, indicating that Leviathanochelys represents a newly discovered lineage. It shows that gigantism in marine turtles developed independently in separate Cretaceous lineages in North America and Europe.

☆ My agency make 5 figures a month managing famous gamers' social media. Here's how I built it aged just 20.
▼ + stars: | 2022-11-15 | by ( Marta Biino | ) www.businessinsider.com time to read: +5 min

Two years later, his agency, Fuji Media, has 57 clients and makes five figures a month. Here's how much he makes and his tips to grow a client base and work with big creators. This as-told-to essay is based on a conversation with Anthony Fujiwara, 20, a social-media manager from Los Angeles, California. The remaining clients work with four other editors I work with as contractors. I called the accounts things like, "Viral Fortnite Moments," "Viral Apex Moments," and, "Viral Twitch Moments."

☆ One year after Nasdaq peak, growth stocks have tumbled and crypto has broken — where to from here?
▼ + stars: | 2022-11-12 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

The Nasdaq record came just ten days after Bitcoin's apex near $67,000, a moment when total cryptocurrency market value topped $2.8 trillion. Those numbers today are under $17,000 for Bitcoin and the crypto market cap is around $800 billion, down 70%-plus. Just days after the November 2021 Nasdaq high, Federal Reserve Chair Jerome Powell abruptly and publicly shifted his rhetoric on inflation and monetary policy, endorsing a much faster removal of stimulus than previously indicated. In the 18 months leading to the March 2000 Nasdaq peak, the index more than tripled. One year after the March 2000 Nasdaq peak, with the index down some 60%, the Nasdaq 100 still had a forward price/earnings ratio above 50.

☆ I left a top-floor job at Goldman Sachs for a tiny self-driving-car startup. Here's how I shook off the 'golden handcuffs' to land my dream job.
▼ + stars: | 2022-11-12 | by ( Alexa St. John | ) www.businessinsider.com time to read: +8 min

Kulkarni, a former Goldman Sachs investment associate, pivoted to a self-driving-tech startup. He started his career as an investment analyst and has a background in systems science and engineering and finance. As a third-year analyst at Goldman, I felt like that was the perfect time to take that leap of faith. And the whole idea of a boot camp is that it focuses on developing true functional skills to immediately join a startup. The first startup I joined wasn't the right cultural fitI definitely had a moment where I said: What?

☆ Lindsay Lohan's 'Falling for Christmas' isn't what you hoped it'd be -- it's so much more
▼ + stars: | 2022-11-12 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +4 min

Aliana Lohan, Lindsay Lohan and Chase Ramsey in "Falling For Christmas." You don’t need a crystal ball for the rest, nor should anyone have the delightful cheesiness and bacon redemption that takes place next ruined for them. It’s a joyful reminder that you don’t need to lose your memory to remember how precious fresh starts are. Lohan’s magic power has always been bringing to life films that have the simple goal of being unchallenging delights. If for that and that alone, “Falling for Christmas” is a gift.

☆ Grizzlies could roam wildest reaches of Washington state again, but first a mountain of red tape
▼ + stars: | 2022-11-11 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +5 min

Threatened grizzly bears could roam again in the wildest reaches of Washington state. The National Park Service and the U.S. Forest Service announced Thursday they have restarted the on-again, off-again process to reintroduce grizzlies to North Cascades National Park. Grizzlies haven’t been spotted with certainty in the North Cascades since 1996, the National Park Service said in a news release. People killed them,” said Jason Ransom, who leads the wildlife program at North Cascades National Park. The National Park Service has scheduled several virtual meetings to discuss the proposal.

☆ JPMorgan to expand in Greece with new office, payments team
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

ATHENS, Nov 11 (Reuters) - U.S. bank JPMorgan (JPM.N) said on Friday it will open a new office in Athens to support the growth of its business in the country. The office will house a new Payments Innovation Lab for which the firm will hire around a 50-strong payments research and development team locally - including product and engineering specialists. The Payments Innovation Lab will provide research and development to the bank's global payments business, including working with Onyx, JP Morgan's business unit that leverages cutting-edge technologies like blockchain. "We want to stay at the apex of payments innovation, and our new location in Athens will be a key nerve centre for our cutting edge payments innovation work," said Takis Georgakopoulos, Global Head of JPMorgan Payments. Recruitment for the Payments Innovation Lab will begin immediately, including for a head of the division.

☆ Here are Tuesday's biggest analyst calls: Apple, Meta, Lyft, Nvidia, Roblox, Freshpet & more
▼ + stars: | 2022-11-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Tuesday: Deutsche Bank reiterates Roblox as buy Deutsche says it expects a strong earnings report for Roblox when the online gaming platform company releases results on Wednesday. Deutsche Bank upgrades Dave & Buster's to buy from hold Deutsche said in its upgrade of the stock that it sees a "compelling" risk/reward. Bank of America reiterates Meta as neutral Bank of America says it sees too many headwinds for Meta shares right now. Bank of America reiterates Nvidia as buy Bank of America says it's standing by shares of Nvidia heading into earnings next week. Deutsche Bank reiterates Electronic Arts as a top pick Deutsche says it's very bullish on the company's upcoming release slate. "

How Putin and Friends Stalled Climate Progress A handful of powerful world leaders rallied around Russia and undercut global cooperation. Mr. Putin has gained from this as the increasingly autocratic Mr. Xi finds common cause with the Kremlin. “Much depends on whether authoritarian leaders perceive climate action to be in their self-interest.”Though their actions help Mr. Putin, their track records on climate are mixed. Mr. Xi called Mr. Putin his “best friend.”He was returning the favor from a year earlier, when Mr. Putin hosted Mr. Xi at the Grand Kremlin Palace and awarded him one of Russia’s highest medals for foreign dignitaries. At a news conference with Mr. Putin, Mr. Bolsonaro thanked his “dear friend,” saying that Mr. Putin had offered him support when other world leaders were criticizing his Amazon policy.

☆ EA lowers bookings expectation on strong dollar, gaming slowdown
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

Nov 1 (Reuters) - Electronic Arts Inc (EA.O) lowered its annual bookings forecast on Tuesday as the publisher of "FIFA" and "Apex Legends" struggles with this year's surge in the U.S. dollar and a gaming industry slowdown from pandemic heights. The company now expects annual bookings - an indicator of future revenue - between $7.65 billion and $7.85 billion, compared with $7.90 billion to $8.10 billion earlier. A near 17% rise in the U.S. dollar this year has also stifled growth, with EA forecasting a roughly $200 million hit to annual bookings. EA booked second-quarter adjusted sales of $1.75 billion, missing the $1.80 billion expected by analysts, according to Refinitiv data. Net income rose to $299 million, or $1.07 per share, from $294 million, or $1.02 per share, a year earlier.

☆ Fact Check-The Earth is not covered by a dome or ‘firmament’
▼ + stars: | 2022-10-31 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

Users on social media are saying people on Earth are living under a dome, also called a “firmament,” without providing evidence to support the claim. But the video’s examples offer no proof of humans living under a dome or firmament, while there is ample evidence that no dome exists. “Rocket hitting the flat earth dome”, reads the title of one of the YouTube clips. SIXTY YEARS OF SPACEFLIGHTExperts pointed out that if there were a dome that covered the Earth, astronauts would have encountered it by now. A video provides no evidence that the Earth is under a dome or “firmament”.

Then, two men led Mr. Hu — who appeared reluctant to go — out of Beijing’s Great Hall of the People. Was Mr. Hu, 79, suffering from poor health, as Chinese state media would later report? When the aide finally succeeds in coaxing Mr. Hu from his chair, Mr. Li, the No. As the two aides begin guiding Mr. Hu away from his seat, the older leader stops to say something to Mr. Xi. The state broadcaster’s news program that night showed footage of Mr. Hu voting, and then his empty seat later in the ceremony, without explanation.

☆ These are the Top 8 airlines in the world, according to a group's survey of more than a million passengers
▼ + stars: | 2022-10-27 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

The Airline Passenger Experience Association named its Top 8 airlines in the world for 2023. The organization says it used more than a million passenger surveys that asked people about their experiences on 600 airlines around the world. The winners were not much different from last year, when the group named seven top carriers. These include Japan Airlines, Dutch national airline KLM, Singapore Airlines, Turkish Airlines; and Middle Eastern carriers Qatar Airways, Saudia, and Emirates. Here's a closer look at the Top 8 airlines named by APEX for 2023, listed in alphabetical order.

☆ Andreessen Horowitz-backed startup takes on mass producing spacecraft
▼ + stars: | 2022-10-24 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Los Angeles-based Apex Space, led by co-founders Ian Cinnamon and Max Benassi, wants to better produce spacecraft at scale. "The one element holding everything back is really on the satellite bus side. They enter an increasingly competitive space subsector of satellite bus manufacturing, with the likes of York Space, which recently reached a $1 billion valuation. But Cinnamon says the market standard is still "handmade" spacecraft that take years to evolve from order to design to delivery. "We're not designing a new satellite bus every single time.

HONG KONG, Oct 24 (Reuters Breakingviews) - One day into President Xi Jinping’s precedent-breaking new term as leader of the ruling Communist Party, China’s financial markets are already in turmoil. Investors largely ignored rosier-than-expected GDP data to wipe almost 10% off the value of internet giants like Alibaba (9988.HK) and JD.com (9618.HK), amid a broader selloff. The government on Monday released a slew of delayed economic indicators after the Party Congress concluded on Sunday. They looked upbeat at first glance: GDP expanded 3.9% in the third quarter, up from the previous quarter’s 0.4%. Instead, he filled it with his own protégés including Beijing Party Chief Cai Qi and Shanghai Party Chief Li Qiang.

That loyal inner circle has not only strengthened Xi’s hold on power – but also tightened his grip over China’s future. In the eyes of Xi, China is closer than ever to achieving its dream of “national rejuvenation” and reclaiming its rightful place in the world. What he decides to do – and how he goes about doing it – will have a profound impact on the world. Under Xi, Beijing has ramped up military pressure on Taiwan, sending warplanes and conducting military drills near the island. Xi continues to back a costly zero-Covid policy that keeps borders heavily restricted and regularly sends its cities into lockdown – dragging down China’s economic growth.

☆ China says it's running on a new version of democracy that doesn't rely on elections. Experts say it's just another mind game.
▼ + stars: | 2022-10-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +12 min

He first introduced the term "whole-process democracy" to China in a 2019 speech. However, by November that year, "whole-process democracy" was mentioned in 128 People's Daily articles, per CMP. "China's whole-process people's democracy integrates process-oriented democracy with results-oriented democracy, procedural democracy with substantive democracy, direct democracy with indirect democracy and people's democracy with the will of the state," says China's white paper on the subject, per CGTN. Semantics aside, a key point to note is that "whole-process democracy" plays down the need for elections. Even so, Chong said, whole-process democracy might still help the CCP give the impression that it cares about the average citizen.

Olivia Wilde and Jason Sudeikis have released a joint statement in response to allegations their ex-nanny made about the rocky dissolution of their relationship. While directing the film, which opened in theaters last month, Wilde began a relationship with one of its stars, Harry Styles. "As parents, it is incredibly upsetting to learn that a former nanny of our two young children would choose to make such false and scurrilous accusations about us publicly. Her now 18-month-long campaign of harassing us, as well as loved ones, close friends and colleagues, has reached its unfortunate apex," Wilde and Sudeikis said in a joint statement Monday. It was really upsetting.

☆ Baker: Recent stock rallies do not signal the beginning of a new bull market
▼ + stars: | 2022-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBaker: Recent stock rallies do not signal the beginning of a new bull marketLee Baker, Owner and President of Apex Financial, joins Worldwide Exchange to discuss his market outlook and investment strategy.

☆ Olivia Wilde, Jason Sudeikis respond to 'false' claims from former nanny in joint statement
▼ + stars: | 2022-10-17 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Olivia Wilde and Jason Sudeikis have released a joint statement regarding the highly publicized end of their relationship. The former couple, who were together from 2011 until 2020 and share two children, spoke out on Monday in response to a story published by The Daily Mail, in which a woman described as a former nanny for the two stars divulged alleged private details about the time leading up to and around their split. “As parents, it is incredibly upsetting to learn that a former nanny of our two young children would choose to make such false and scurrilous accusations about us publicly,” their joint statement provided to CNN read. “Her now 18 month long campaign of harassing us, as well as loved ones, close friends and colleagues, has reached its unfortunate apex.”“We will continue to focus on raising and protecting our children with the sincere hope that she will now choose to leave our family alone,” the statement concluded. The couple’s separation has been, at times, contentious.

☆ The NFL updates its concussion protocol after Tua Tagovailoa injury, but a culture change is still needed
▼ + stars: | 2022-10-11 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +10 min

Miami Dolphins player Tua Tagovailoa was injured in a game against the Cincinnati Bengals. A number of former NFL players are taking to social media saying the NFL failed him. On Saturday, The NFL and NFL players union agreed to modify the league's concussion protocol. After leaving the league, Martin was arrested in 2018 for a social-media post that police deemed threatening. "Tua Tagovailoa will never be the same."

☆ Michael Cohen says he once naively believed he was Trump's 'apex predator' and wouldn't be betrayed: 'I was the one who threw people under the bus for him'
▼ + stars: | 2022-10-11 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Michael Cohen, Trump's former fixer, said he was shocked at how easy it was for Trump to betray him. "But, in my naiveté, I never thought any of that would happen to me," Cohen wrote. Cohen described how Trump had "screwed people over" and manipulated them — and admitted that he "helped" Trump to do so. Despite everything he said he did for Trump, Cohen wrote that he was shocked by how easily he was betrayed. "I was a trusted confidant and I had earned that trust with loyalty, so I believed there was no way he would betray me," Cohen wrote.

☆ Top 5 and bottom 5 Club stocks between the S&P 500's old June low and Monday's new one
▼ + stars: | 2022-09-27 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +15 min

Walmart (WMT) and Chevron (CVX) were in the Trust on June 16, but we exited those stocks Aug. 1 and Sept. 7 , respectively. On the other hand, Starbucks (SBUX) and off-price retailer TJX Companies (TJX) entered the portfolio Aug. 22 and Aug. 24 , respectively. Top performers Leading the way was Wynn Resorts (WYNN) , gaining 22.6% between the old June low and Monday. Advanced Micro Devices (AMD) was next , falling 19.20% between the old June low and Monday's new one. Pioneer Natural Resources (PXD) saw the fifth-largest decline among portfolio stocks, declining 14.94% between the old June low and Monday.

With ongoing stock market volatility, high inflation and interest rate hikes, many wonder if we're heading for a prolonged economic downturn. "I think we have to be defensive," said certified financial planner Ivory Johnson, founder of Delancey Wealth Management in Washington, D.C. While it's impossible to predict exactly what will happen, financial advisors are preparing clients for whatever may be on the horizon. But Johnson has already warned clients about the possibility of more volatility, pointing to the Fed's rate hikes. There may be 'good opportunities'While Baker doesn't suggest major changes, there may be "good opportunities" — such as real estate — amid relatively high inflation due to yield and appreciation, he said.

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