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Search resuls for: "Firestorm"


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☆ Morning Bid: Confusion reigns
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +4 min
Then BoE chief Andrew Bailey said late Tuesday: "You've got three days left now. You've got to get this done" - even as the Financial Times reported the central bank might extend the support. The tension built with Britain's economy looking set to go into recession as data showed it unexpectedly shrank in August. "The worst is yet to come, and for many people, 2023 will feel like a recession," said IMF chief economist Pierre-Olivier Gourinchas. * G20 finance ministers and central bankers meet at annual IMF/World Bank meeting in Washington* Bank of England Financial Policy Committee publishes summary of latest meeting.
☆ Crowd demands resignations at chaotic L.A. City Council meeting after leaked recording of racist remarks
  + stars: | 2022-10-11 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com   time to read: +7 min
An outraged crowd converged on a meeting at Los Angeles City Hall on Tuesday and demanded the immediate resignations of three Latino City Council members after an audio recording of racist remarks surfaced this week. Martinez has resigned as council president, and she announced she is taking a leave of absence from the council, according to NBC Los Angeles. Lori Condinus of the National Action Network Los Angeles was one of dozens of members of the public to speak. Martinez apologized and announced she was stepping down as council president in a statement Monday. “Therefore, effective immediately I am resigning as President of the Los Angeles City Council."
☆ As the 3rd-quarter reporting season begins, markets are bracing for signs of a recession that could send stocks into a deeper bear market
  + stars: | 2022-10-11 | by ( Jason Ma | ) www.businessinsider.com   time to read: +6 min
The Fed's aggressive tightening is setting off more warnings about a recession and fallout for the stock market. Ahead of JPMorgan's quarterly report, CEO Jamie Dimon said the economy is on the verge of a recession, and the stock market could fall another 20%. But most importantly, it's Russia's war against Ukraine that is most unsettling to markets and poses a great risk. Meanwhile, billionaire hedge fund manager Paul Tudor Jones said a "recession playbook" could see stocks fall 10% further. PayPal stock fell after a botched roll-out of an acceptable use policy update that included big fines for the promotion of misinformation.
☆ Russia unleashed a firestorm of attacks on multiple Ukrainian cities after a blast damaged a bridge in Crimea and crippled a key Russian supply line
  + stars: | 2022-10-10 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +4 min
Ukraine's vice prime minister confirmed that Kyiv, Dnipro, and Zaporizhzhia were struck. The attacks came after a blast crippled a bridge in Crimea that serves as a Russian supply line. This fresh volley of attacks from Russia comes after the Kerch Strait Bridge, a key supply route connecting Russia and Crimea, was damaged in a blast on Saturday. For his part, Putin on Sunday labeled the bridge blast a "terrorist act" carried out by the "special services of Ukraine." Ukraine has not officially claimed responsibility for the Kerch Strait Bridge blast but has hinted at its involvement in the incident.
☆ Read Twitch's full email to staff about its creator pay changes, which sparked questions internally and blowback in the streaming community
  + stars: | 2022-09-29 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +6 min
We know this announcement will garner significant attention from our community, both positive and negative," he said. Twitch's recent changes to the way it pays top streamers have raised questions internally, on top of the backlash the moves sparked from creators on social media. In his email, Clancy also asked employees to "refrain from contributing to the noise online via Twitter, Twitch, etc." In addition to his internal email, Clancy publicly announced the changes to the way Twitch pays top creators in a blog post. I'll share more at the All Hands this Thursday, September 22 at 1pm PT and answer any questions you may have.
☆ North Korea fires missile after Harris leaves South Korea
  + stars: | 2022-09-29 | by ( ) www.cnbc.com   time to read: +7 min
North Korea test-fired two ballistic missiles on Wednesday, a day before Harris visited South Korea, and one before she left Washington on Sunday. Getty Images AsiaPacSouth Korea’s military says North Korea has fired at least one ballistic missile toward its eastern waters. Thursday’s launch was the third round of missile tests by North Korea this week. North Korea test-fired two ballistic missiles on Wednesday, a day before Harris visited South Korea, and one before she left Washington on Sunday. In this handout image provided by the South Korean Defense Ministry, The U.S. nuclear-powered aircraft carrier Ronald Reagan (C) and South Korean warships seen during a US-South Korea combined naval exercise on September 29, 2022 in East Sea, South Korea.
☆ How much do Big Tech companies pay their employees?
  + stars: | 2022-09-28 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +6 min
Well, we took the guesswork out of it for you by analyzing some data to determine just how much different companies pay their employees. Positions we looked at included data scientists, data engineers, senior analysts, and more — see how their salaries stack up. Positions we looked at included data scientists, data engineers, senior analysts, and more — see how their salaries stack up. Finally, take a look at Insider's Big Tech salary database to see how much Apple, Microsoft, Intel, Facebook, and other companies pay their workers. By combing through data, Insider got a sense of how companies like Google, Hulu, and Disney pay their employees.
☆ Morning Bid: Eye of the storm
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +5 min
REUTERS/Shannon Stapleton TPX IMAGES OF THE DAYA look at the day ahead in U.S. and global markets from Mike Dolan. As Hurricane Ian raged and set its sights on Cuba and Florida, a global financial storm in bond and currency markets calmed moderately - though likely only temporarily. read moreRegister now for FREE unlimited access to Reuters.com RegisterFor all its potential destruction, Ian doesn't yet appear on the world markets radar. UK debt auctions this week will be watched very closely. But this may be the eye of the storm.
☆ Leaked memo shows what Twitch's president told staff as the platform changed the way it pays top creators, sparking blowback in the streaming community
  + stars: | 2022-09-27 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +6 min
Twitch president Dan Clancy wrote to staffers as the streamer rolled out divisive changes. We know this announcement will garner significant attention from our community, both positive and negative," he said. Twitch's recent changes to the way it pays top streamers has raised questions internally, on top of the backlash it sparked from creators on social media. In addition to his internal email, Clancy publicly announced the changes to the way Twitch pays top creators in a blog post. I'll share more at the All Hands this Thursday, September 22 at 1pm PT and answer any questions you may have.
☆ Italy's election campaign ends, tensions between EU and right flares
  + stars: | 2022-09-23 | by ( Crispian Balmer Angelo Amante | Crispian Balmer | Angelo Amante | ) www.reuters.com   time to read: +4 min
Centre-left Democratic Party (PD) supporters gather before the electoral campaign closing event of Enrico Letta, secretary of PD, in Piazza del Popolo, ahead of the general election, in Rome, Italy, September 23, 2022. Pollsters say his relentless message has particularly resonated in the poorer south, where hundreds of thousands live off welfare, and could yet prevent a right-wing landslide. BERLUSCONI FIRESTORMBarely 2 kilometres (1.2 miles) away, Italy's main centre-left group, the Democratic Party (PD), wrapped up what critics say has been an underwhelming campaign, accusing the right of looking to isolate the country in Europe. Voting runs from 7 a.m to 11 p.m. (0500-2100 GMT) on Sunday, with exit polls released when balloting ends. The complex calculations required by a hybrid proportional/first-past-the-post electoral law mean it may be many hours before a precise count of parliamentary seats is available.
☆ A top Twitch creator exec has resigned from the livestreaming giant
  + stars: | 2022-09-23 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +2 min
Twitch's SVP of global creators Constance Knight has resigned from the livestreaming company. Her exit arrives amid an explosive week at Twitch that included a divisive change to its monetization model. Twitch's SVP of global creators Constance Knight is leaving the company, a Twitch spokesperson has confirmed to Insider. Knight joined Twitch in July 2021 from Instagram, where she formerly served as global head of content curation for short-form video. The move sparked backlash on Twitter among some top Twitch creators and former employees, with even former COO Sara Clemens seeming to disapprove of the changes.
☆ Migrants said they were booked on a canceled DeSantis flight to Delaware, undercutting his claim that it was a prank
  + stars: | 2022-09-23 | by ( Tom Porter | ) www.businessinsider.com   time to read: +3 min
Migrants told the Miami Herald they signed forms to board a flight to Delaware organized by Ron DeSantis. DeSantis said the flight — to near Biden's home — was arranged and then canceled to trick the media. The cancellation came as DeSantis faced a wave of criticism over flights carrying immigrants he chartered last week from Texas to Martha's Vineyard, Massachusetts. "The entire Democrat-corporate media industrial complex swarmed Delaware today because they thought that DeSantis Air was gonna land there," she tweeted. Migrants taken to Martha's Vineyard have said they were lured onto the flights on false pretenses, and were promised benefits and job opportunities that didn't exist.
☆ Jared Kushner criticized Ron DeSantis flying migrants to Martha's Vineyard: 'You have to remember these are human beings'
  + stars: | 2022-09-23 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +3 min
Jared Kushner took aim at Ron DeSantis while discussing the flight of migrants to Martha's Vineyard. Using migrants "as political pawns" is "very troubling," he told Fox News on Tuesday. "Many of them are exploited, put in human trafficking and modern slavery in a lot of ways," Kushner said of the migrants. On September 15, Ron DeSantis flew 48 migrants from Texas to ritzy Martha's Vineyard in Massachusetts, in a stunt aimed at bringing border and migration issues to a liberal enclave. "It's only when 50 get put into Martha's Vineyard," that outrage follows, DeSantis said in the clip, which host Emily Compagno agreed with.
☆ Migrants flown to Martha's Vineyard have been left 'traumatized' after being 'thrust' into political firestorm 'without their consent': lawyer
  + stars: | 2022-09-22 | by ( Natalie Musumeci | ) www.businessinsider.com   time to read: +4 min
Migrants who were flown to Martha's Vineyard have been left "traumatized," a lawyer told Insider. "They're scared, they're traumatized, and they don't know what's going to happen next," the attorney said. Dozens of migrants were flown to Martha's Vineyard in a move planned by Gov. "They're scared, they're traumatized, and they don't know what's going to happen next," Love said. "Luckily," Love said, Martha's Vineyard locals quickly mobilized to support the migrants.
☆ Many of the asylum-seeking migrants flown to Martha's Vineyard were families in search of a 'better life,' Massachusetts state senator says
  + stars: | 2022-09-21 | by ( Natalie Musumeci | ) www.businessinsider.com   time to read: +2 min
Many of the migrants who were flown to Martha's Vineyard were families, a local lawmaker said. Massachusetts State Sen. Julian Cyr said the migrants were in pursuit of a "better life." Dozens of migrants were flown to Martha's Vineyard in a move planned by Florida Gov. Ron DeSantis were family members in pursuit of a "better life," a local lawmaker told Insider on Wednesday. The migrants, Cyr said, spoke "about how they're fleeing that regime for opportunity, for democracy."
☆ 2 migrants flown to Martha's Vineyard by Gov. DeSantis have already left for NYC, says Massachusetts lawmaker
  + stars: | 2022-09-21 | by ( Natalie Musumeci | ) www.businessinsider.com   time to read: +3 min
Two of the migrants flown to Martha's Vineyard have left for NYC, a local politician told Insider. The lawmaker said he wouldn't be surprised if more of the migrants left for other parts of the US. Some of them, said Massachusetts State Sen. Julian Cyr, even want to return to Martha's Vineyard. Cyr, a Democrat, said that some of the migrants even want to return to Martha's Vineyard. "They loved Martha's Vineyard," the politician said of the migrants.
☆ Lawmakers who represent Martha's Vineyard says they've gotten death threats for supporting the migrants flown there by DeSantis
  + stars: | 2022-09-21 | by ( Natalie Musumeci | ) www.businessinsider.com   time to read: +3 min
Two lawmakers say they've gotten death threats over their support of the migrants flown to Martha's Vineyard. Last week, 50 migrants were flown to Martha's Vineyard in a move planned by Florida Gov. Cyr was quoted by Axios saying that he's taking the backlash he has gotten over his advocacy for the migrants "in stride." Last week, DeSantis sparked a firestorm of criticism after he had the migrants flown to Martha's Vineyard on two chartered planes in what attorneys for the immigrants called a "shameful political stunt." Fernandes told WGBH's Greater Boston that the threats he's gotten "is nothing compared to what these people have gone through."
☆ The Covid-19 emergency may end, but there’s no rule to say when the pandemic is over
  + stars: | 2022-09-21 | by ( Brenda Goodman | ) edition.cnn.com   time to read: +7 min
For now, it remains a public health emergency in the United States, according to the US Department of Health and Human Services, and it’s still a public health emergency of international concern, or PHEIC, according to WHO. Each country, in turn, declares its own public health emergency – declarations that carry legal weight. In the United States, for example, the end of the public health emergency will have ramifications for health care coverage and cost-sharing of Covid-19 tests and treatments. At this point, WHO is not saying whether it will recognize an end to the Covid-19 pandemic. Instead, he said, WHO will continue to assess the need for the public health emergency, and an expert committee meets every three months to do that.
☆ Hakeem Jeffries rips DeSantis and Abbott, saying they need to act like governors and 'stop behaving like human traffickers'
  + stars: | 2022-09-20 | by ( Natalie Musumeci | Nicole Gaudiano | ) www.businessinsider.com   time to read: +3 min
Hakeem Jeffries ripped governors Ron DeSantis and Greg Abbott over their shipping of migrants to liberal areas. "They should start behaving like governors and stop behaving like human traffickers," said Jeffries. Jeffries told reporters at a press conference that the "behavior" of Florida governor DeSantis and Texas governor Abbot "is radical, reckless, regressive, and reprehensible." "They should start behaving like governors and stop behaving like human traffickers," the New York congressman said. A Texas county sheriff announced Monday that he had launched a criminal investigation into the matter.
☆ Trump's own former intel chief worried that Russia had compromising material on him, book says
  + stars: | 2022-09-15 | by ( Tom Porter | ) www.businessinsider.com   time to read: +3 min
Dan Coats, former director of national intelligence, worried about Trump's relations with Putin. According to a new book, Trump's behavior at a summit with Putin sparked his concern. Trump's relationship with Russia has long been a subject of rumor and speculation. According to the authors, Trump's behavior as president raised alarm among top officials, including Dan Coats, then the DNI. Special Counsel Robert Mueller did not find sufficient evidence to substantiate claims the Trump campaign had colluded with Russia in 2016.
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