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☆ California Gov. Gavin Newsom failed to publicly disclose his SVB ties while lobbying for a bailout
  + stars: | 2023-03-14 | by ( Mattathias Schwartz | ) www.businessinsider.com   time to read: +4 min
Gavin Newsom reportedly had substantial personal ties to Silicon Valley Bank. Newsom has not discussed his personal ties to SVB publicly. It is unclear whether he disclosed them to the White House or Treasury during his contacts with the administration over the weekend. Click did not respond to detailed questions about the Intercept's reporting on Newsom's SVB ties. Spokespeople for the White House and California Partners Project did not immediately return Insider's requests for comment.
☆ Eiffage CEO de Ruffray put forward as SocGen board candidate
  + stars: | 2023-03-10 | by ( ) www.reuters.com   time to read: +1 min
PARIS, March 10 (Reuters) - Societe Generale (SOGN.PA) said on Friday that its board will propose that shareholders elect Eiffage (FOUG.PA) Chief Executive Officer Benoit de Ruffray as an independent board director at its general meeting in May. Three other board appointments will be put to the vote at the meeting on May 23. If elected by SocGen's shareholders, the four new board members will replace outgoing CEO Frederic Oudea, Kyra Hazou, Gerard Mestrallet and Juan Maria Nin Genova. These board appointment proposals come on the heel of a top management reshuffle proposed by Krupa, who is also set to formally take the reins of the French lender on May 23. Reporting by Mathieu Rosemain; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
☆ This Heel-Thrusting Dance Sequence From ‘RRR’ Is Set to Rock the Oscars
  + stars: | 2023-03-09 | by ( John Jurgensen | ) www.wsj.com   time to read: 1 min
“RRR” grossed about $160 million in movie theaters worldwide. But many viewers unfamiliar with releases from India (much less the Telugu-language filmmaking hub known as Tollywood) discovered the film on Netflix. From there, the “Naatu Naatu” dance took on a life of its own on TikTok and other social-media platforms.
☆ Australia demands Russia crack down on cyber criminals
  + stars: | 2023-03-08 | by ( Alasdair Pal Byron Kaye | Alasdair Pal | Byron Kaye | ) www.reuters.com   time to read: +2 min
SYDNEY, March 8 (Reuters) - One of Australia's top government bureaucrats on Wednesday demanded Russia crack down on the large number of cyber criminals operating in the country, saying their actions posed a threat to national security. The comments come as Canberra reforms its cybersecurity policy following a raft of cyber attacks on some of the country's largest companies. "The greatest density of cyber criminals, particularly those with ransomware, are in Russia," Michael Pezzullo, Secretary of the Department of Home Affairs, told the AFR Business Summit in Sydney. The move follows a rise in cyber attacks since late last year with breaches reported by at least eight companies, including health insurer Medibank Private Ltd (MPL.AX) and telco Optus, owned by Singapore Telecommunications Ltd (STEL.SI). The United States and Britain sanctioned several Russians accused of cyber attacks last month, saying ransomware attacks have paralysed businesses, schools and hospitals.
☆ Louis Vuitton shows playful, French styles at Musee d'Orsay in Paris
  + stars: | 2023-03-06 | by ( ) www.reuters.com   time to read: +2 min
[1/5] A model presents a creation by designer Nicolas Ghesquiere as part of his Fall-Winter 2023/2024 Women's ready-to-wear collection show for fashion house Louis Vuitton during Paris Fashion Week in Paris, France, March 6, 2023. REUTERS/Benoit TessierPARIS, March 6 (Reuters) - Louis Vuitton (LVMH.PA) took to the Musee d'Orsay for its fall-winter catwalk show on Monday, sending a modern lineup of playful, sculptural looks down a slick, black runway designed to evoke a Paris street. Handbags were varied, including one fashioned to look like a typical blue Paris street sign, trimmed in green - with "Louis Vuitton" stamped in white letters. Paris Fashion Week, which features big-name fashion labels including LVMH-owned Dior, Kering SA-owned (PRTP.PA) Saint Laurent, Valentino and Chanel, winds up on Tuesday. Reporting by Mimosa Spencer in Paris Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
☆ Mbappe beats PSG all-time scoring record as French champions extend lead
  + stars: | 2023-03-04 | by ( Julien Pretot | ) www.reuters.com   time to read: +3 min
The 24-year-old Mbappe found the back of the net two minutes into stoppage time for his 201st goal in all competitions with PSG, improving the mark he shared with Edinson Cavani. The club organised a short ceremony after the final whistle, with a big portrait of Mbappe displayed at the Parc des Princes. "It's a privilege to be a PSG player, to play in this historic shirt, for the biggest club in France." PSG got off to a dream start as Messi opened the scoring in the 12th minute with a left-footed volley form Fabian Ruiz's cross. Earlier, RC Lens's Champions League hopes suffered another knock when they were held to a 1-1 home draw in the northern derby.
☆ How ‘RRR’ Created the Most Rollicking Movie Scene of the Year
  + stars: | 2023-03-03 | by ( John Jurgensen | ) www.wsj.com   time to read: 1 min
It’s the first song from an Indian film ever nominated for an Academy Award, and it has a good shot at beating numbers from pop heavyweights including Lady Gaga and Rihanna at next Sunday’s Oscars. But despite the addictive chorus and propulsive beat of “Naatu Naatu,” the biggest force behind the song’s success is a dance—a heel-thrusting, suspender-bending, dust-kicking sequence that accompanies the tune in the action epic “RRR.”
☆ Even at its weirdest, most unhinged moments, Bing's chatbot is making Microsoft relevant again
  + stars: | 2023-03-01 | by ( Alex Kantrowitz | Big Technology | ) www.businessinsider.com   time to read: +6 min
Screenshots of a maniacal, unhinged Bing chatbot have flooded the internet this week, showing the bot condescending, gaslighting, and trying to steal husbands. Even in its weirdest moments, Bing's chatbot has brought new relevance to Microsoft and its search division. "The fact that people are even writing about Microsoft Bing at all is a win," one Microsoft employee told me this week. Now, interest in Bing is soaringThe Bing app set its daily download record over the weekend, according to Apptopia. (Upon joining the waitlist for Bing's chatbot, Microsoft encourages downloading the app to get earlier access.)
☆ After losing billions of dollars on the metaverse, Mark Zuckerberg's launching a 'top-level' team at Meta to develop AI products for WhatsApp, Messenger, and Instagram
  + stars: | 2023-02-28 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Meta's foraying into generative AI amid a rush into the technology following ChatGPT's popularity. Mark Zuckerberg said Meta will be creating a new "top-level product group" focused on generative AI. But Meta lost nearly $14 billion in 2022 amid its relentless pursuit of the metaverse. Meta's foray into generative AI follows a big rush into the technology after chatbot ChatGPT went viral. His relentless pursuit into the metaverse cost Meta $13.7 billion in 2022.
☆ All investors need a worldview. Here's mine and how to think about developing your own
  + stars: | 2023-02-26 | by ( Jim Cramer | ) www.cnbc.com   time to read: +23 min
You need to know what you think will happen and then you can insert stocks into that worldview. I think this view, which Jay cares and is most likely going to get it right, is fundamental to my worldview. I think that's an absurd tradeoff and those who are making it, those who own 10-year Treasurys, are sorely ill-advised. Fortunately, I don't think the Fed has to go that far to break the trio. The companies you think might not make it I think aren't going to make it because they won't be able to raise cash.
☆ A renowned market bear who called the dot-com crash warns stock valuations are at 'nosebleed' levels — and suggests that tech stocks could be the market's 'Achilles' heel'
  + stars: | 2023-02-24 | by ( William Edwards | ) www.businessinsider.com   time to read: +3 min
Societe Generale's Albert Edwards warns stock valuations are at 'nosebleed' levels. Historically, when yields are low, higher stock valuations are accepted as investors seek yield. But currently high yields in the Treasury market mean stock valuations, on a historical basis, should be lower. Societe GeneraleEdwards said the drop in long-term growth expectations could be assigned to a deteriorating outlook for tech stocks. Societe Generale"An expensive US CAPE ratio has long been justified by the US market's far higher weighting in tech," he said.
☆ Russia’s economy is hurting despite Putin’s bluster
  + stars: | 2023-02-22 | by ( Julia Horowitz | ) edition.cnn.com   time to read: +9 min
Russia’s economy did weaken as a result. “The Russian economy and system of government have turned out to be much stronger than the West believed,” Putin said in a speech to Russia’s parliament Tuesday. The bloc, which dramatically reduced its dependence on Russian natural gas last year, officially banned most imports of Russian crude oil by sea in December. Russia’s oil problemIn fact, Russia’s export revenue from oil rose last year. On the declineThe International Monetary Fund still expects Russia’s economy to expand by 0.3% this year and 2.1% the next.
☆ UNC’s New School Plans, Revealed
  + stars: | 2023-02-17 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
The ferment continues around the University of North Carolina trustees’ plan to create a new School of Civic Life and Leadership. A Daily Tar Heel article on Thursday reported the news that we had the story first. We’d also like to compliment the paper on its acquisition of the list of potential course offerings at the school. The article cites former UNC Chancellor Holden Thorp as noting that our reporting confirmed the presence of a vast right-wing conspiracy. So let’s have a look at the list of scandalous potential course offerings for the new school.
☆ Under Armour is targeting Gen Z athletes with a shoe that's part training sneaker and part slip-on shoe
  + stars: | 2023-02-17 | by ( Danni Santana | ) www.businessinsider.com   time to read: +2 min
UA Slipspeed sneaker features a collapsible heel that can be worn as a performance shoe or slide. Slipspeed is designed to adapt to athletes' busy schedules, Under Armour says. The shoe is also part of a new marketing strategy that zeroes in on 16 to 20-year old athletes. The new UA Slipspeed sneaker retails for $150 and features a collapsible heel that can be worn as a slide or performance shoe. The Slipspeed sneaker is key to Under Armour's new marketing strategy.
☆ 60,000 miles of US roads could be under water in a few decades. Here's how experts say we can save our critical infrastructure.
  + stars: | 2023-02-16 | by ( Bianca Giacobone | ) www.businessinsider.com   time to read: +9 min
"In the Keys, if you redo your house, you have to mitigate it for sea level rise," he told Insider. The islands are particularly exposed to rising sea levels. Across the country, you can expect coastlines to rise an average of 10 to 12 inches over the next 30 years, according NOAA's Sea Level Rise Viewer, which lets you adjust sea level rise and visualize how in trouble your house or your commute might be. Then, he started doing what NOAA recommends, reading about sea level rise and the plans that individual communities are studying to increase their own resiliency. By understanding how to adapt incrementally, and starting to act as soon as possible, the US can learn how to adapt to rising sea levels.
☆ NBA roundup: Kings spoil Mavs' Luka Doncic-Kyrie Irving debut
  + stars: | 2023-02-12 | by ( ) www.reuters.com   time to read: +8 min
Kevin Huerter scored all 15 of his points in the second half, Trey Lyles added 14 points and Harrison Barnes had 13 for the Kings. Mikal Bridges scored 23 points in his Nets debut after being obtained from the Phoenix Suns on Thursday for Kevin Durant. The Hornets' losing streak reached seven games despite LaMelo Ball coming within a rebound of a triple-double. Jokic, who pulled in seven offensive rebounds, scored 40 points in a mid-December home victory against the Hornets. DeMar DeRozan followed with 16 points, and Nikola Vucevic notched a double-double of 14 points and 14 rebounds.
☆ Column: Tight jobs market? AI meets worker shortage
  + stars: | 2023-02-10 | by ( Mike Dolan | Thomson Reuters | Mike Dolan Is Reuters Editor-At-Large For Finance | ) www.reuters.com   time to read: +6 min
LONDON, Feb 10 (Reuters) - The two investment obsessions of the year so far - artificial intelligence and super-tight labour markets - meet head on. Far from relaxing, should office or home-based workers now fret that we're in for anything but a tight jobs market over the coming years? Morgan Stanley's thematic research team said this week it was inundated with enquiries about generative AI during its recent client visits. Much like the pandemic, fear of automation could have as big an economic impact as its actual spread. US jobs growth by sectorMcKinsey chart on automation worldwideFathom chart on US vs China AIThe opinions expressed here are those of the author, a columnist for Reuters.
☆ NBA roundup: Kyrie Irving leads Dallas to win in Mavs' debut
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +7 min
He added 11 assists and 10 rebounds. LaMelo Ball collected 16 points and six rebounds and Gordon Hayward added 15 points for the Hornets, who have lost five in a row. Fox (31 points, 11 assists) scored the final seven points for the Kings, who trailed 128-123 with 1:17 left. Martin added 15 points -- all in the first half -- and Jae'Sean Tate added 16 for the Rockets, who committed 13 of their 19 turnovers in the second half. Bojan Bogdanovic, Detroit's most prominent trade chip ahead of Thursday's deadline, led the Pistons with 15 points.
☆ North Carolina Republicans reap reward of judicial wins in redistricting ruling
  + stars: | 2023-02-07 | by ( Joseph Ax | ) www.reuters.com   time to read: +5 min
'RAW PARTISANSHIP'In North Carolina, Republican candidates in November won two seats held by Democrats, wresting away the majority. The office of the Republican state Senate leader, Phil Berger, did not respond to a request for comment on the ruling on Monday. That decision led North Carolina Republican lawmakers to appeal to the U.S. Supreme Court in what has become one of the year's most momentous cases. The North Carolina Supreme Court – whose previous decision gave rise to the U.S. Supreme Court case – could now choose to embrace the notion regardless of what the U.S. Supreme Court eventually rules. "We either get Moore v. Harper and it's the Wild West everywhere, or we get a Republican state Supreme Court to overturn it and it's just the Wild West in North Carolina," Hildebrand said.
☆ NBA roundup: Warriors' Klay Thompson bombs in 12 treys
  + stars: | 2023-02-07 | by ( ) www.reuters.com   time to read: +6 min
Poole finished with 21 points while Andrew Wiggins added 18 for the Warriors, who earned their second consecutive win. The Spurs, who lost for the ninth straight time, got 21 points from Keldon Johnson. Donovan Mitchell had 21 points and Evan Mobley added 16 for Cleveland, which has won three in a row. Will Barton added 15 points for the Wizards, who were without Kyle Kuzma (ankle) and Bradley Beal (foot). Tim Hardaway Jr. added 17 points and Dwight Powell totaled 12 points and 16 rebounds for the Mavericks.
☆ Sorry Liverpool thrashed 3-0 at Wolves
  + stars: | 2023-02-04 | by ( Andrew Cawthorne | ) www.reuters.com   time to read: +3 min
In their best performance of the season, Wolves cut through Liverpool's shaky defence from the off, missing two good chances before a Hwang Hee-Chan cutback went in off the heel of Joel Matip for a fifth minute own goal. Defeat left Liverpool 10th on 29 points after a terrible start to 2023 in which they have won just one of seven matches - against Wolves in the FA Cup - in all competitions. The result was the first time in a decade that Liverpool have lost three consecutive Premier League away games. "We love super Lopetegui," the Molineux crowd sang to their Spanish manager Julen Lopetegui, who took over in November charged with saving Wolves' Premier League status. Wolves' boss was thrilled with the performance but cautioned his team still had plenty of work to ensure safety.
☆ The $400 Tiffany & Co. and Nike sneaker collab is just the beginning — the brands are also hawking silver accessories like shoe horns totaling over $1000
  + stars: | 2023-02-02 | by ( Danni Santana | ) www.businessinsider.com   time to read: +3 min
Nike and Tiffany & Co. are releasing their first sneaker collaboration next month for $400. Accessories are a sterling silver shoe horn, sneaker toothbrush, deubré, and a referee whistle. But the sneaker, dubbed the Nike Air Force 1 Low Tiffany & Co. "1837," is just the beginning. But in classic Tiffany's style, the luxury jeweler is selling a sterling silver shoe horn, sneaker toothbrush, deubré, and a whistle as part of the release. The brand also sells sterling silver photo frames, bowls, and pens, among other items.
☆ The UNC Echo Chamber Fights Back
  + stars: | 2023-02-01 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Our editorial on Friday about the University of North Carolina’s effort to create a new school dedicated to free inquiry and open academic discourse has caused a fuss on campus that illustrates why the new school is needed. It seems that faculty grandees are outraged that the UNC board of trustees thought such a school is necessary and didn’t even seek the faculty’s permission. The Daily Tar Heel documents the angst in the Chapel Hill faculty lounge in a Jan. 30 story that is unintentionally hilarious in its ivory-tower indignation. The reporter quotes UNC law professor Eric Muller as saying, “I thought: how on Earth? How on Earth could The Wall Street Journal know this.”
☆ Hoka sneakers: Why these chunky, ugly running shoes are selling like crazy
  + stars: | 2023-01-31 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +4 min
Hoka, which started in 2009 in France as a running shoe for hardcore marathoners, is growing rapidly with casual runners, hikers and weightlifters. “There wasn’t anyone doing what Hoka was doing.”But Hoka carved out a niche in specialty running shops. By 2019, Hoka sales topped $220 million. “We don’t see this as just a running brand,” Deckers CEO David Powers said in October. “This is a running, trail, hike brand that is more like a North Face” than Brooks running shoes.
☆ Diaries, ex-husbands, and mowing the lawn in high-heel boots: Inside the making of Netflix's Pamela Anderson documentary, 'Pamela, a Love Story'
  + stars: | 2023-01-28 | by ( Jason Guerrasio | ) www.businessinsider.com   time to read: +11 min
Pamela Anderson. The legal pads and crates of diaries found near the VHS tapes would become the foundation for White's Pamela Anderson documentary. Pamela Anderson in "Pamela, a Love Story." Pamela Anderson and Tommy Lee. "The Pamela Anderson I know is very different from the Pamela Anderson in the show," White said.
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