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☆ Recession-hit Germany is facing a flurry of global headwinds, Goldman Sachs says
▼ + stars: | 2023-09-19 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

The victory column and TV tower are pictured in front of the sunrise in Berlin, Germany. Germany finds itself at a crossroads of global issues as it deals with an economic contraction, according to Peter Oppenheimer, chief global equity strategist and head of macro research EMEA at Goldman Sachs. "The predicament that the economy is facing at the moment is really down to a number of factors," Oppenheimer told CNBC Tuesday, with challenges in the manufacturing sector, a disappointing China reopening boost and higher energy costs contributing to the recession in Europe's largest economy. "It's … not a deep recession but it's obviously been more hit by obvious headwinds," Oppenheimer said. The comments reflect the latest projection by the Bundesbank, which estimated Monday that the German economy is likely to shrink this quarter thanks to slow private consumption and industry stuttering.

Persons: Peter Oppenheimer, Goldman Sachs, Oppenheimer Organizations: Goldman, CNBC Locations: Berlin, Germany, China

☆ As Instacart goes public, it's no victory lap for founder Apoorva Mehta
▼ + stars: | 2023-09-19 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

Mehta was replaced as CEO of Instacart in July 2021 following a messy dispute with some of the company's largest investors. Instacart Founder Apoorva Mehta in his 2003 yearbook photo from Westdale Secondary School. The app started gaining momentum and Mehta put out ads on Craigslist for shoppers to do the grocery runs for him. Whole Foods reportedly broke the news to Mehta and a fellow Instacart executive on an early morning call. In a sworn affidavit, Mehta denies that he misappropriated any trade secrets and says he's since cut ties with Singh.

Persons: Apoorva Mehta, Mehta, Safeway Mehta, Hamilton Public Library Mehta, Bing Gordon, Kleiner Perkins, Gordon, he'd, Garry Tan, Tan, Garry, Andreessen Horowitz, catapulting Mehta, Forbes, Instacart, Mike Moritz, Fidji Simo, Simo, That's, Mehta's, he's, Tejasvi, Singh, Sam Bankman, NextMed, it's Organizations: Instacart, Safeway, Westdale Secondary, Hamilton Public Library, The University of Waterloo, Amazon, NPR, Electronic Arts, YC, TechCrunch, Sequoia Capital, Khosla Ventures, Forbes, Foods, Costco, Kroger, Facebook, Sunrise Locations: India, Libya, Hamilton , Ontario, Toronto, Seattle, San Francisco, wallowing, Sequoia, Mehta's, Marin County

☆ Australian Indigenous Voice: Three generations of First Nations men share their views on Australia's referendum
▼ + stars: | 2023-09-18 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +7 min

Now 94, Anderson says a Yes vote isn’t just important for him but the country. “By talking and walking together as a nation and as a society, we will share a common destiny,” he said. Wharton said he wants “liberation, freedom and restitution” delivered through negotiation by the hundreds of Aboriginal nations with people occupying their land. Nick Harvey-Doyle is studying in New York and is calling for a Yes vote. Sykes, who died in 2010, was the first Black Australian to study at Harvard, and fought for a Yes vote in the 1967 Referendum.

Persons: Uncle Bob Anderson, Elder, ”, Anderson, Hilary Whiteman, Wayne Wharton, “, Wharton, “ I’ve, ” Wharton, Nick Harvey, Doyle, Elder Anderson, that’s, Doyle Harvey, Roberta Sykes, Sykes, Harvey, don’t, aren’t, Jonathan PIlkington, they’ll, what’s, he’s Organizations: Australia CNN —, First Nations, Nations, CNN, Aboriginal, Brooklyn, New York, New York University, Australian, Harvard, Australian Voice, Australian Electoral Commission, Torres Strait Locations: Brisbane, Australia, New York, New South Wales

[1/5] An aerial view shows rescue teams searching for dead bodies at a beach, in the aftermath of the floods in Derna, Libya September 17, 2023. Hamad Awad sat on a blanket on an empty street with a bottle of water and bedding alongside him. "I am staying in our area trying to clean it and trying to verify who is missing," he said. Entire districts of Derna, with an estimated population of at least 120,000, were swept away or buried in brown mud. Civil protection workers from Algeria combed through the rubble of multistorey buildings with a dog to help detect any survivors.

Persons: Ayman Al, Hamad Awad, Storm Daniel, spokespeople, Osama Al, OCHA, al, Mohammad Shaheen, Abdulnabi, Muammar Gaddafi, Abdulhamid, Mohammed, Menfi, Abdelaziz Boumzar, Ayman Sahly, Adam Makary, Thomas Perry, Maya Gebeily, Philippa Fletcher, Susan Fenton Organizations: REUTERS, Volunteers, United Nations, Sunrise, Humanitarian Affairs, Crescent, Libyan Red Crescent, Reuters, NATO, Thomson Locations: Derna, Libya, DERNA, Libyan, Algeria, al Badya, Ajaylat, Tripoli

☆ Asia markets set for stronger open ahead of key data from China
▼ + stars: | 2023-09-15 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

SHANGHAI, CHINA - JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. (Photo by Zhang Zhuoming/VCG via Getty Images) Vcg | Visual China Group | Getty ImagesAsia-Pacific markets are set to rise ahead of key economic data out of China, which could give clues on the trajectory of the world's second largest economy. China will release August data for its house prices, unemployment rate and retail sales, as well as urban investment. Futures for Hong Kong's Hang Seng index stood at 18,171, higher than the HSI's last close of 18,047.92. In Australia, futures for the S&P/ASX 200 also point to a higher open, at 7,283 compared to the last close of 7,186.5.

Persons: Zhang Zhuoming Organizations: Getty, Visual China, Nikkei Locations: SHANGHAI, CHINA, Shanghai, China, Asia, Pacific, Chicago, Osaka, Australia

While the tour has already begun, we can show you how to buy Aerosmith tickets for all the remaining shows. If you're looking to buy Aerosmith's Peace Out: Farewell Tour tickets, we've got you covered. Aerosmith 2023/2024 tour scheduleAerosmith's Peace Out: Farewell Tour has 37 concert dates remaining across 2023 and 2024. While the Farewell Tour will include two stops in Canada, all other shows will be held in the United States. At the time of writing, it seems Aerosmith will not be embarking on an international leg for their Peace Out: Farewell Tour.

Persons: Aerosmith, Steven Tyler's, Steven Tyler, Joe Perry, Tom Hamilton, Brad Whitford, Buck Johnson, John Douglas, we've, Saint, Dever, Aerosmith's Organizations: Washington DC, Kansas City, UT, AZ, KY, Ticketmaster, StubHub, Boston, Aerosmith's San, Aerosmith Locations: North America, Philadelphia, StubHub, Detroit, Chicago, Washington, Toronto, Raleigh, Cleveland, Canada, United States, Tampa, Atlanta, Charlotte, NC, Austin, Louis, Indianapolis, Antonio, Tulsa, Dallas, Omaha, Saint Paul, Kansas, Salt Lake City, Portland, Seattle, WA, San Francisco, San Jose, Inglewood, CA, Phoenix, Newark, NJ, Boston, Cincinnati, Louisville, Nashville, TN, Knoxville, Buffalo, NY, York City, Columbus, Montreal, MI, ON, Aerosmith's Raleigh, North Carolina, Aerosmith's, Aerosmith's San Jose

☆ Hundreds leave Dominican Republic ahead of Haiti border shutdown
▼ + stars: | 2023-09-14 | by ( Paul Mathiasen | ) www.reuters.com time to read: +3 min

[1/2] Members of the National Army guard the bridge between the Dominican Republic and Haiti, after the shared border was closed when Haiti's President Jovenel Moise was shot dead by gunmen at his private home in Port-au-Prince, in Dajabon, Dominican Republic July 8, 2021. REUTERS/Ricardo Rojas Acquire Licensing RightsSANTO DOMINGO/OUANAMINTHE, Sept 14 (Reuters) - Hundreds of Haitians returned from the Dominican Republic on Thursday after the Dominican president announced an imminent total border shutdown amid a conflict over the construction of a water channel from a shared river. Harold Estimable, director of the national migration office in Ouanaminthe, said some 250 to 300 Haitians had been arriving daily from the Dominican Republic in "very bad shape." The Dominican Republic, which threatened to shut the border last week, argues construction works off the River Massacre violate a 1929 treaty. The U.S. Embassy, which has called on its citizens to leave Haiti, said on its website that those planning to leave for the Dominican Republic would need to make other arrangements.

Persons: Jovenel Moise, Ricardo Rojas, Rights SANTO, OUANAMINTHE, Harold Estimable, ", Luis Abinader, Santo Domingo, Abinader, Paul Mathiasen, Octavio Jones, Harold Isaac, Aida Peleaz, Sarah Morland, Leslie Adler, Stephen Coates Organizations: National Army, REUTERS, Rights, Dominican, United, United Nations, Local airline Sunrise Airways, U.S . Embassy, Thomson Locations: Dominican Republic, Haiti, Port, Dajabon, Ouanaminthe, Caribbean, Dominican, Haitian, Santo, U.S, Santo Domingo, Fernandez, Mexico City

☆ Hundreds Leave Dominican Republic Ahead of Haiti Border Shutdown
▼ + stars: | 2023-09-14 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +3 min

By Paul MathiasenSANTO DOMINGO/OUANAMINTHE, Haiti (Reuters) -Hundreds of Haitians returned from the Dominican Republic on Thursday after the Dominican president announced an imminent total border shutdown amid a conflict over the construction of a water channel from a shared river. Harold Estimable, director of the national migration office in Ouanaminthe, said some 250 to 300 Haitians had been arriving daily from the Dominican Republic in "very bad shape." The Dominican Republic, which threatened to shut the border last week, argues construction works off the River Massacre violate a 1929 treaty. Later on Thursday, Haiti's government said that it has the sovereign right to exploit its natural resources, as does the Dominican Republic, in line with the 1929 treaty. The U.S. Embassy, which has called on its citizens to leave Haiti, said on its website that those planning to leave for the Dominican Republic would need to make other arrangements.

Persons: Paul Mathiasen SANTO, Harold Estimable, ", Luis Abinader, Santo Domingo, Abinader, Haiti's, Paul Mathiasen, Octavio Jones, Harold Isaac, Aida Peleaz, Sarah Morland, Leslie Adler, Stephen Coates, Diane Craft Organizations: Dominican, United, United Nations, Local airline Sunrise Airways, U.S . Embassy Locations: Paul Mathiasen SANTO DOMINGO, OUANAMINTHE, Haiti, Dominican Republic, Ouanaminthe, Caribbean, Dominican, Haitian, Santo, U.S, Santo Domingo, Port, Fernandez, Mexico City

☆ Tesla shows interest in Sunrise New Energy's battery components
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsSept 13 (Reuters) - Battery components maker Sunrise New Energy (EPOW.O) said on Wednesday that it had received interest for its products from electric vehicle maker Tesla Inc (TSLA.O). The China-based company, through its joint venture, manufactures and sells graphite anode material for lithium-ion batteries. Sunrise's joint venture is also constructing a 260,543 m2 manufacturing plant in China's Guizhou province. Sunrise said it had received request from Tesla's battery raw materials team to provide technology details, manufacture plans and available capacity for its products. Tesla has been making supply deals with lithium companies including Liontown Resources (LTR.AX) and Core Lithium (CXO.AX) to meet raw material demand for its vehicles.

Persons: Arnd, Tesla, Tanay, Maju Samuel Organizations: REUTERS, Sunrise New Energy, Tesla Inc, Liontown Resources, Thomson Locations: Bern, Switzerland, China, China's Guizhou, Bengaluru

☆ Trinity Site, where first atomic blast was set off, opens for one day in October
▼ + stars: | 2023-09-12 | by ( Kathleen Bangs | ) edition.cnn.com time to read: +12 min

Trinity Site is the national historic landmark that’s home to mankind’s first nuclear blast on July 16, 1945, where plutonium gamma rays lit up the night sky. A caution sign warns of radioactive materials at Trinity Site in New Mexico back in 2008. The open house event, hosted by the US Army, is free but limited to the first 5,000 guests, on a first-come, first-served basis. Trinity Site’s atmosphere during an open house is reminiscent of a small-town carnival from a bygone era. And on April 6, 2024, Trinity Site again opens for a single day.

Persons: CNN —, “ Oppenheimer, ”, Matt McClain, Jonathan Larsen, J, Robert Oppenheimer, McDonald, Sam Wasson, you’ll, Jim Lo Scalzo, Oppenheimer, “, John Dempsey, brightens, Jim Eckles, Trinity, we’ve, Bettymaya, Patricia Henning, Henning, Karl G, Jon G, Fuller Organizations: CNN, Jornada, Trinity, Washington Post, US Army, White, Manhattan Project, Sipa, AP, Albuquerque, Army, Venture, Jumbo, Alamos National Laboratory, New Mexico Gov, National Security Research, Alamogordo Air Base, Radio Astronomy, Getty, “ SETI, Extraterrestrial Intelligence Locations: New Mexico, New York City, Nagasaki, Japan, Trinity, Hiroshima, Socorro, San Antonio . New Mexico, San Agustin, Mexico

☆ Satellite Data Yields Clues to Morocco’s ‘Blind Earthquake’
▼ + stars: | 2023-09-12 | by ( Maya Wei-Haas | ) www.nytimes.com time to read: +1 min

Just before sunrise on Monday, a satellite peered down on regions of Morocco that had been damaged by an earthquake Friday night. The data it gathered from 430 miles above Earth is offering scientists critical clues that will help unravel the mechanics behind the quake, including pinning down the specific fault that ruptured. Key data came from Sentinel-1a, one of a group of satellites launched by the European Space Agency that pass around the Earth every 12 days, mapping out the surface. The satellite relies on radar to measure tiny shifts in the ground toward or away from the orbiting craft, said Tim Wright, a geophysicist at the University of Leeds in England. The technique is known as InSAR and allows scientists to compare the data collected before and after the quake to assess the three dimensional movement of the land around a fault with almost millimeter accuracy.

Persons: Tim Wright, Judith Hubbard, Kyle Bradley Organizations: Sentinel, European Space Agency, University of Leeds, Cornell University Locations: Morocco, England

☆ Factbox: US offshore wind projects facing inflation headwinds
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +10 min

One megawatt (MW) can power about 1,000 U.S. homes but since wind is an intermittent resource - 1 MW of offshore wind can power about 500 U.S. homes, according to offshore wind developers. SOUTH FORKDenmark's Orsted (ORSTED.CO), the world's largest offshore wind power developer, is building the 132-MW project off Rhode Island and Massachusetts. COMMONWEALTH WINDThe 1,232-MW project off Massachusetts, which was formerly a part of the larger New England Wind project, is also facing potential delays. ATLANTIC SHORES OFFSHORE WIND SOUTHThe joint venture between Shell and French EDF is developing a large offshore wind park off New Jersey. MARWINMaryland's first offshore wind project is expected to start operations in 2025-2026.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, GW, Lazard, Vineyard, Orsted, Eversource, NYSERDA, Norway's Equinor, Avangrid, MARWIN, Nerijus Adomaitis, Nichola Groom, Scott DiSavino, Marguerita Choy Organizations: Federal, State, White, REUTERS, U.S, U.S . Department of Energy, Reuters, Washington , D.C, U.S . Energy Information Administration, Avangrid, Copenhagen Infrastructure Partners, Public Service Enterprise, Orsted, Eversource Energy, Rhode Island Energy, Dominion Energy, Virginia Beach, Dominion, NYSERDA, COMMONWEALTH, Shell, EDF, US, Italy's Renexia SpA, US Wind, Thomson Locations: Washington , U.S, U.S, New England, New York, Pennsylvania, Washington ,, Spanish, Copenhagen, Rhode Island and Massachusetts, New Jersey, Rhode, Connecticut, Orsted, VIRGINIA, Virginia, York, Long, Montauk, Massachusetts, French, ATLANTIC, Atlantic Shores, Italy's Renexia, Maryland

☆ What it's like in Europe's popular crypto haven Portugal as the U.S. cracks down
▼ + stars: | 2023-09-09 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +19 min

They understood the importance of self custody of bitcoin, bitcoin on bitcoin blockchain, not on other chains." Sunrise over Lisbon, Portugal Alexander Spatari | Moment | Getty ImagesThe San Francisco of EuropeA walk through Portugal's capital feels eerily similar to a stroll in San Francisco. "This makes Portugal a really attractive place for crypto users to live," explained Shehan Chandrasekera, a CPA and head of tax strategy at crypto tax software company CoinTracker.io. The only exception to the country's generous crypto scheme relates to companies registered in Portugal that deal in crypto. Cyclists photographed in Lisbon, Portugal, in October 2018.

Persons: Alexander Spatari, PORTUGAL —, maximalists, Lorenzo Primiterra, He's, Peter Pan, Primiterra, Terra Luna, bitcoin, solana, Greenfield, Portugal Alexander Spatari, Jemson Chan, Chan, CNBC Guy Young, Seb True, CNBC Seb, True, That's, it's, bitcoiners, I've, Stephen Knowles, cryptocurrencies, Shehan Chandrasekera, Katie Ananina, Ethena's Young, —, Deley, Deley doesn't, that's, Didi Taihuttu, They've, Taihuttu Organizations: Campo Pequeno, maxis, CNBC Software, CNBC, titans, Securities and Exchange Commission, British, Abril, European, CPA, Cyclists, European Union, D7, Companies, Algarve Locations: LISBON, PORTUGAL, Lisbon, Italy, Portugal, Almada, Lisboa Region, outranking New York, Berlin, Singapore, European, Sunrise, San Francisco of Europe, San Francisco, bitcoin, Europe, Crypto, U.S, Egypt, Asia, Switzerland, it's, Puerto Rico, Australia, Canada, Ghent, Belgium, cryptocurrency, Cryptocurrencies, Lisbon's, Lagos, Angeles, Algarve

☆ Japan says swarms of tourists defiling sacred Mt Fuji
▼ + stars: | 2023-09-09 | by ( Mariko Katsumura | ) www.reuters.com time to read: +3 min

[1/2] Visitors are seen at the fifth stage on the slopes of Mount Fuji, Japan's highest mountain 3,776 metres (12,388 ft), in Fujiyoshida, Japan, September 9, 2023. Mt Fuji, which straddles Yamanashi and Shizuoka prefectures in eastern Japan, has always been popular with local and overseas tourists. "It's uncontrollable and we fear that Mt Fuji will soon become so unattractive, nobody would want to climb it," he said. Mt Fuji was listed as a UNESCO World Heritage site 10 years ago, further boosting its popularity. "Any Japanese person would want to climb Mt Fuji at least once in their life," said 62-year-old Jun Shibazaki, who arrived on a tour.

Persons: Mariko Katsumura, Masatake Izumi, Shibazaki, Chang, Ran Kim, Michael Perry Organizations: REUTERS, Mt Fuji, Mt, UNESCO, International Council, World Heritage, Thomson Locations: Mount, Fujiyoshida, Japan, Yamanashi, Shizuoka

☆ Column: US wind power generation breaks out of summer doldrums
▼ + stars: | 2023-09-08 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

REUTERS/Nick Oxford/File Photo Acquire Licensing RightsLITTLETON, Colorado, Sept 8 (Reuters) - After months of low wind speeds in several key wind farm areas, U.S. wind power generation hit its highest levels in nearly five months in early September as wind speeds picked up. The remaining states recorded an average wind generation drop of 7.1%, which contributed to a 3.1% decline in total national wind generation in the January to May period. The shortfalls in wind power have been evident in the output data of major U.S. power pool markets. Reuters Image Acquire Licensing RightsAs these markets cover over 30 U.S. states as well as the areas with the largest concentrations in wind power generation in the United States, the declines in wind power in these power pools had a direct impact on national level wind output, with knock-on effects for power generation mixes across the country. Similarly, any sustained recoveries in wind power generation totals from these key areas will lead to a commensurate rebound in U.S. power generation totals, and may allow for utilities to pare back use of natural gas and other sources of power to make way for more non-emitting wind power supplies.

Persons: Nick Oxford, Ember, El Nino, Gavin Maguire, Shri Navaratnam Organizations: REUTERS, LSEG, Reuters, Reliability, of Texas, El, Climate Impact, National Oceanic, Atmospheric Administration, U.S, Thomson Locations: Big Spring , Texas, U.S, LITTLETON , Colorado, Texas, Texas , Iowa , Oklahoma , Kansas , Illinois, North Dakota, United States, pare, El Nino

☆ UK watchdog to 'ramp up' checks on how banks assess risks
▼ + stars: | 2023-09-08 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

REUTERS/Henry Nicholls/File Photo Acquire Licensing RightsLONDON, Sept 8 (Reuters) - Britain's financial watchdog told banks on Friday it would "ramp up" checks on whether they were properly assessing and managing risks from large customers to avoid any liquidity crunch in stressed markets. "We are ramping up our testing programme to look at how banks are controlling these risks, including more in person supervisory assessments." Under pressure from the European Central Bank, bankers have moved from London to staff these hubs, raising questions about sufficient staff in UK units. "While there are various booking and organisational arrangements underpinning these activities, there should be appropriate oversight for any business booked into the UK," Walls said. The FCA said it may also check how banks deal with non-financial misconduct, such as sexual harrasment.

Persons: Henry Nicholls, Liz Truss, Simon Walls, Huw Jones, Emelia Sithole Organizations: REUTERS, Financial, Authority, Bank of England, European Union, Brexit, European Central Bank, Thomson Locations: London, Britain

☆ Don’t Miss Comet Nishimura This Weekend, a Once-in-a-Lifetime View
▼ + stars: | 2023-09-08 | by ( Katrina Miller | More About Katrina Miller | ) www.nytimes.com time to read: +1 min

Astronomy aficionados are buzzing about a bright new comet. The ball of dust and ice is formally named C/2023 P1, but is also called Comet Nishimura, for Hideo Nishimura, the Japanese photographer who first spotted it. How was the comet discovered? Mr. Nishimura captured the comet on Aug. 12 while imaging the sky before sunrise with a digital camera — the third comet he has discovered. That’s exactly how scientists discovered Comet NEOWISE in 2021, which was named for the NASA space telescope that detected it, the Near-Earth Object Wide-field Infrared Survey Explorer.

Persons: Comet Nishimura, Hideo Nishimura, Nishimura, Vishnu Reddy, ” Dr, Reddy, Comet NEOWISE Organizations: Central Bureau, University of Arizona, NASA, Survey

☆ We may be the only humans to ever see the green Comet Nishimura. Here's how, where, and when to spot it.
▼ + stars: | 2023-09-07 | by ( Morgan Mcfall-Johnsen | Marianne Guenot | ) www.businessinsider.com time to read: +4 min

Comet Nishimura appears in the night sky through September 13, before skimming past the sun. Here's how, where, and when to spot Comet Nishimura before it might burn up and disappear forever. Advertisement Advertisement Watch: How NASA spent $10 billion on the James Webb telescopeAfter passing our planet, Comet Nishimura will continue careening toward the sun — and possibly its own destruction. How, when, and where to spot Comet NishimuraA photographer attempts to capture the comet Neowise from Trwyn Du Lighthouse, Anglesey, Wales. Carl Recine/ReutersFor now, Comet Nishimura is only visible in the Northern Hemisphere.

Persons: Comet Nishimura, Nishimura, James Webb, it's, Carl Recine, Dan Bartlett, Bartlett, Leo, Bob King of, King Organizations: Service, NASA, Mercury, Southern Hemisphere, Planetary Society, Reuters, Northern, Cancer, Bob King of Sky Locations: Wall, Silicon, Trwyn Du, Anglesey, Wales, California

However, as government policies started to line up in the industry's favor in recent years, offshore wind developers unveiled a host of new project proposals, mostly off the U.S. East Coast. Many contracts for offshore wind projects have no mechanism for adjustment in the case of higher interest rates or costs. In New York, offshore wind developers also sought to boost the price of power produced at their projects. Norway's Equinor EQNR.OL and its partner BP (BP.L) are seeking a 54% increase for the power produced at three planned offshore wind farms - Empire Wind 1 and 2 and Beacon Wind. But the offshore wind industry is not fully satisfied.

Persons: Joe Biden, Kevin Lamarque, Eli Rubin, Rubin, Equinor, France's, Scott DiSavino, Nerijus, Nichola Groom, Simon Webb, Marguerita Choy Organizations: Federal, State, White, REUTERS, U.S ., Dominion, EBW Analytics, Reuters, U.S . Federal Reserve, Commonwealth, BP, Nichola, Thomson Locations: Washington , U.S, U.S, Europe, U.S . East Coast, Rhode, Virginia, Massachusetts, New York, Oslo, Culver City

☆ Texas AG Ken Paxton's former aide who reported him to FBI is first key witness in impeachment trial
▼ + stars: | 2023-09-06 | by ( ) www.cnbc.com time to read: +9 min

"The problem is the office is being used for the benefit of one person," said Jeff Mateer, who was Paxton's second-in-command at the Texas attorney generals' office. Their relationship is central to the case led by Republican impeachment managers that Paxton should be removed from office. Mateer took the stand with few onlookers in the Senate gallery for what is Texas' first impeachment trial in nearly a half century. Paxton attorney Tony Buzbee said Paxton "gave nothing of significance" to Paul and framed the proceedings as an attempt to overturn the will of voters. Paxton attorney Tony Buzbee said Paxton "gave nothing of significance" to Paul and framed the proceedings as an attempt to overturn the will of voters.

Persons: Ken Paxton, Jeff Mateer, Mateer, Paxton, Nate Paul, Paul, Dan Cogdell, Biden, Tony Buzbee, Gov, Dan Patrick, Paxton's, Sen, Angela Paxton, —, Mr, Andrew Murr, Austin, Peter Bowen, Bowen Organizations: Texas, FBI, Texas Senate, Republican, The Associated Press, Senators, Texas Republicans, Trump, Capitol, Senate Locations: Texas, U.S, Washington , U.S, Austin, May, Houston

☆ His Mind Helped Rebuild New York. His Body Is Failing Him.
▼ + stars: | 2023-09-06 | by ( Christopher Maag | More About Christopher Maag | ) www.nytimes.com time to read: +2 min

A journalist who hears the Olympics pitch describes Mr. Doctoroff as a man whose eyes “gaze past you, out towards the horizon.”Why this constant drive? His brother Andy says Mr. Doctoroff should be more introspective, and who knows. Mr. Doctoroff is aware that he graduated Harvard aimless and lazy. Wound up in New York by following his wife, Alisa, who got a job in town. It is hard work seeing the future, and so Mr. Doctoroff puts everything into the job.

Persons: Doctoroff, Andy, Harvard aimless, Alisa, “, ”, Stephen Ross, Doctoroff’s, ’ ” Sharon Greenberger Organizations: Harvard, Companies, Ivy League Locations: New York, Bluffed, Bronx, Staten Island

AUSTIN, Texas (AP) — The impeachment trial of Texas Attorney General Ken Paxton is underway with live television coverage, a former aide who reported him to the FBI on the witness stand and his wife watching from her desk in the state Senate but prohibited from participating. But how much Paxton himself will take part in the historic trial that resumes Wednesday is up in the air. Paxton pleaded not guilty Tuesday but did not return for opening arguments, when his attorneys sharply criticized the impeachment and urged Republican senators to acquit. The vote immediately suspended Paxton and made him only the third sitting official in Texas’ nearly 200-year history to be impeached. What they are doing is taking away the vote of the majority of the people of Texas,” Bowen said.

Persons: Ken Paxton, Paxton, Paxton’s, “, Dan Cogdell, Jeff Mateer, Mateer, “ Mr, ”, Andrew Murr, Biden, Austin, Nate Paul, Tony Buzbee, Paxton “, Paul, Gov, Dan Patrick, Sen, Angela Paxton, —, Peter Bowen, ” Bowen Organizations: Texas, FBI, Senators, Republican, “, Capitol, Texas Republicans, Trump, Texas ’, Senate Locations: AUSTIN, Texas, acquit, May, Houston

☆ Bird Photographer of the Year 2023: Winners announced
▼ + stars: | 2023-09-05 | by ( Nell Lewis | ) edition.cnn.com time to read: +3 min

CNN —A breathtaking image of a peregrine falcon attacking an enormous pelican with its bright orange talons won top prize in this year’s Bird Photographer of the Year competition. The contest, in its eighth edition, celebrates the beauty of birds while also raising awareness of the mounting pressures they face. Photographers from all over the world entered more than 20,000 images into the competition, all vying for the £5,000 ($6,280) grand prize. Other photographers were recognized for artistic and atmospheric shots, such as an image of a blackbird silhouetted against the moon taken by 17-year-old Anton Trexler, which won Young Bird Photographer of the Year. A Eurasian blackbird silhouetted against a red moon, taken by German photographer Anton Trexler at sunrise.

Persons: Jack Zhi, ”, “, Anton Trexler, Antonio Aguti, Will Nicholl Organizations: CNN, Young, BirdLife International, Bird Locations: California

☆ Homo floresiensis: The curious case of the hobbit and what its remarkable discovery taught us
▼ + stars: | 2023-09-02 | by ( Katie Hunt | ) edition.cnn.com time to read: +15 min

The Liang Bua cave excavation site, where the fossils of Homo floresiensis were discovered on the island of Flores in Indonesia. A 3D cast of the skeleton of Homo Floresiensis on display at Stony Brook University, part of the State University of New York system. The Liang Bua team named the species Homo floresiensis after the island where the fossils were discovered. Sutikna said that a thick layer of volcanic ash was found just on top of the layer where Homo floresiensis was first found. And above the volcanic ash layer, we did not find any fossils of Homo floresiensis or other ancient animals,” he said.

Persons: Thomas Sutikna, trowel, Liang Bua, Sutikna, ”, floresiensis, Achmad Ibrahim, Saptomo, Tim Wiencis, Mike Morwood, Liang, hobbitus —, floresianus —, Paige Madison, Bert Roberts, Robert Pearce, Bua, Homo erectus, erectus, chimplike wristbones, Lucy, australopithecines, Chris Stringer, “ I’m, ” Stringer, “, luzonensis, Matt Tocheri, Flores, Mata Menge, Flores hobbits, Tocheri, ’ There’s, Stringer, it’s, ” Tocheri, ” Madison, we’re Organizations: CNN, Indonesia’s, Archaeometric Research, Research and Innovation Agency, Stony Brook University, State University of New, University of Wollongong, Sydney Morning Herald, Fairfax Media, AP, Lakehead University, Smithsonian Institution Locations: Indonesian, Liang, Flores, Indonesia, Jakarta, Stony, State University of New York, Australian, Australia, Africa, Java, Asia, London, South Africa, Philippines, Yogyakarta, Canada, Thunder Bay , Ontario, It’s, Madison, Sulawesi

☆ U.S. crude futures climb over $2 late in session
▼ + stars: | 2023-08-31 | by ( Erwin Seba | ) www.reuters.com time to read: +4 min

U.S. West Texas Intermediate crude futures for October settled at $83.63 a barrel, up $2, or 2.45%. Brent crude futures for October, expiring on Thursday, finished up $1, 1.16%, at $86.86 a barrel. "The crude market is reacting to OPEC production cuts being extended," said Andrew Lipow, president of Lipow Oil Associates. On Thursday, six-month U.S. crude oil futures traded as low as $3.83 below crude for front month delivery , the steepest discount since Nov. 17, signalling tight supplies and encouraging inventory draws. Analysts expect Saudi Arabia to extend a voluntary oil production cut of 1 million bpd into October, adding to cuts put in place by OPEC+.

Persons: Lucy Nicholson, Andrew Lipow, Brent, Ole Hansen, Eric Rosengren, Ahmad Ghaddar, Jeslyn Lerh, David Goodman, Nick Macfie, Paul Simao, Cynthia Osterman Organizations: REUTERS, bbl, Fed, Organization Petroleum Exporting, . West Texas, Brent, Lipow Oil Associates, U.S . Energy, Administration, OPEC, Saxo Bank, Commerce Department, Reserve, Boston Fed, National Bureau of Statistics, Thomson Locations: Bakersfield , California, Saudi Arabia, China, HOUSTON, U.S, Singapore

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