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☆ 5 Marvel movies and shows to stream before 'Ant-Man and the Wasp: Quantumania' hits theaters on February 17
  + stars: | 2023-02-10 | by ( Kaniya Rogers | Freelance Writer | Read More | ) www.businessinsider.com   time to read: +2 min
"Ant-Man and The Wasp: Quantumania" premieres in theaters on February 17. "Quantumania" is expected to tie into past Marvel shows and movies, including "Loki" and "Endgame." The highly anticipated sequel to "Ant-Man" and "Ant-Man and The Wasp" debuts exclusively in theaters on February 17. So, it's likely that "Ant-Man and The Wasp: Quantumania" will pick up on several storylines that have already been introduced in the MCU. If you're interested in catching up on previous Marvel films and shows that are expected to tie into the new Ant-Man movie, we've got you covered.
☆ Egg Prices Drop for Retailers, But Shoppers Yet to See Relief
  + stars: | 2023-02-08 | by ( Jaewon Kang | Patrick Thomas | ) www.wsj.com   time to read: 1 min
The prices of eggs rose more than any other grocery item last year, driven by avian influenza and higher feed costs. Eggs are getting cheaper for retailers. For consumers, they are still expensive. Wholesale prices of Midwest large eggs have declined to $2.81 a dozen, according to research firm Urner Barry , down nearly 50% from a record high of more than $5 a dozen in December, but higher than $1.30 a dozen in January 2022.
☆ Mondelez Expects Fewer Price Increases This Year
  + stars: | 2023-02-01 | by ( Jaewon Kang | Kathryn Hardison | ) www.wsj.com   time to read: 1 min
Mondelez International Inc. said its costs remain high, though the snack and candy producer doesn’t anticipate boosting prices for its products at the same level as in 2022. Chicago-based Mondelez, which makes Oreo cookies and Triscuit crackers, said it has raised its prices because of higher costs of energy, transportation and labor. The company said it increased prices in the U.S. in December and is negotiating in Europe.
☆ Whole Foods Asks Suppliers to Lower Prices
  + stars: | 2023-01-31 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
Whole Foods Market is asking suppliers to help the retailer bring prices down on packaged groceries as inflation moderates. The Amazon.com Inc.-owned grocer told suppliers at a recent virtual summit that it wants to bring down retail prices in its store aisles as companies’ own costs start to decline, according to a recording of the meeting viewed by The Wall Street Journal.
☆ Whole Foods Asks Suppliers to Lower Prices as Costs Ebb
  + stars: | 2023-01-31 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
Whole Foods Market is asking suppliers to help the retailer bring prices down on packaged groceries as inflation moderates. The Amazon.com Inc.-owned grocer told suppliers at a recent virtual summit that it wants to bring down retail prices in its store aisles as companies’ own costs start to decline, according to a recording of the meeting viewed by The Wall Street Journal.
☆ 'Ant-Man and the Wasp: Quantumania' hits theaters on February 17 — here's how to get tickets online
  + stars: | 2023-01-20 | by ( Sarah Saril | Read More | Read Less | ) www.businessinsider.com   time to read: +9 min
"Ant-Man and the Wasp: Quantumania" is coming to theaters on February 17. Where can I buy 'Ant-Man and the Wasp: Quantumania' tickets? 'Ant-Man and The Wasp: Quantumania' Movie Tickets The first film in Phase Five of the Marvel Cinematic Universe, “Ant-Man and the Wasp: Quantumania,” premieres in theaters on February 17. Are there any 'Ant-Man and the Wasp: Quantumania' movie ticket promotions? Disney/Marvel StudiosThough no date has been confirmed yet, "Ant-Man and the Wasp: Quantumania" will stream on Disney Plus after its run in theaters.
☆ A fire just razed a slum in the heart of one of Korea's ritziest neighborhoods. It highlights the vast wealth gap and tight proximity in which Seoul's richest and poorest live.
  + stars: | 2023-01-20 | by ( Cheryl Teh | Amanda Goh | ) www.businessinsider.com   time to read: +6 min
On January 20, a fire tore through the shantytown of Guryong village in Seoul. Firefighters and rescue workers clean up the site of a fire at Guryong village in Seoul, South Korea, Friday, Jan. 20, 2023. ED JONES/Getty ImagesGuryong feels like a world away from Seoul, but it's very close to where the most well-heeled people in South Korea live. Around a fifth of single-person households in Seoul live in spaces under 14 square meters, or 150 square feet. But for now it's still Guryong village — a smoldering scar on the sparkling facade South Korea would rather have you looking at instead.
☆ South Korea, Iran summon each other's envoys as spat over Yoon remarks deepens
  + stars: | 2023-01-19 | by ( Hyonhee Shin | ) www.reuters.com   time to read: +3 min
SEOUL, Jan 19 (Reuters) - Iran and South Korea summoned each other's envoys in a deepening spat over comments by South Korean President Yoon Suk-yeol that described the Islamic republic as the enemy of the United Arab Emirates. Yoon, speaking to South Korean troops stationed in Abu Dhabi earlier this week, said South Korea and the UAE are under "very similar" circumstances, each facing North Korea and Iran as "the enemy, biggest threat." Relations between Seoul and Tehran had already been testy over frozen Iranian funds in South Korea and suspected arms dealings between Iran and North Korea. Iran has repeatedly demanded the release of some $7 billion of its funds frozen in South Korean banks under U.S. sanctions. South Korea was once one of Iran's biggest crude buyers in Asia, but ceased imports after Washington imposed sanctions on Tehran in 2018.
☆ South Korea envoy in Iran summoned over Yoon's 'enemy' remarks -media
  + stars: | 2023-01-19 | by ( Hyonhee Shin | ) www.reuters.com   time to read: +2 min
Yoon, speaking with South Korean troops stationed in Abu Dhabi early this week, said South Korea and the UAE are under "very similar" circumstances, each facing North Korea and Iran as "the enemy, biggest threat." His remarks prompted a rare spat between Seoul and Tehran, at a time when relations have already been testy over frozen Iranian funds in South Korea and suspected arms dealings between Iran and North Korea. Iran's deputy foreign minister on legal affairs, Reza Najafi, summoned Yun Kang-hyeon, the South Korean ambassador on Wednesday to protest against Yoon's "interventionist remarks," the official IRNA news agency said. Najafi also accused South Korea of pursuing an "unfriendly approach" toward Iran, singling out its frozen funds. Iran has repeatedly demanded the release of some $7 billion of its funds frozen in South Korean banks under U.S. sanctions.
☆ Netflix announces 'biggest-ever lineup' of Korean films and series
  + stars: | 2023-01-17 | by ( Brahmjot Kaur | ) www.nbcnews.com   time to read: +3 min
Netflix announced 34 new Korean titles to hit the streaming platform in 2023, including a diverse array of series and movies. The upcoming titles, which Netflix calls their “biggest-ever lineup of Korean films and series,” includes 21 scripted shows, five reality shows, six movies and two documentaries. Korean content on the platform has continued to grow, with over 60 percent of all Netflix users watching Korean titles last year, according to a release from the company on Monday. The global popularity of Korean media and culture, known as the “Korean Wave,” is still proving successful in the U.S., with shows like “Squid Game” being Netflix’s most successful series launch of all time. For its part, Netflix has been steadily investing in Korean content — reportedly over $500 million in 2021 and even more in 2022.
☆ China reports 3% GDP growth for 2022 as December retail sales, industrial production beat estimates
  + stars: | 2023-01-17 | by ( Evelyn Cheng | Evelyn Cheng Is A Senior Correspondent With Cnbc. | ) www.nbcnews.com   time to read: +5 min
BEIJING — China reported GDP growth for 2022 that beat expectations as December retail sales came in far better than projected. The GDP growth number did miss the official target of around 5.5% set in March. Retail sales drop far less than expectedRetail sales fell by 0.2% for the year. Those online sales accounted for 27.2% of total retail sales. and U.S.China’s leaders are set to announce the full-year GDP growth target in March at an annual parliamentary meeting.
☆ Premarket stocks: The world has a major debt problem. Is a reset coming?
  + stars: | 2023-01-17 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
That number is about 349% of global gross domestic product, and the equivalent of $37,500 of debt for every single person in the world. “Rising interest rates and slowing economies are making the debt burden heavier,” they write. What it means: Higher interest rates are already hurting governments and corporations with low-credit ratings. Rising interest rates also impact stock prices — the Federal Reserve’s hikes in 2022 contributed to a nearly 20% decline in the S&P 500. What comes next: There is no easy way out of a global debt crisis, write Chan and Dimitrijevic.
☆ Netflix plans biggest-ever slate of Korean content in 2023 as Korean fever explodes
  + stars: | 2023-01-16 | by ( Michelle Toh | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —Netflix is planning its largest-ever lineup of South Korean content, with 34 new and returning titles set to roll out this year. It said that audience data showed “over 60% of all Netflix members” watched Korean titles last year. In 2021, company executives said Netflix (NFLX) planned to invest about $500 million into Korean content, on top of $700 million already spent since 2016. The move underscores how Netflix is increasingly doubling down on Korean content as fans worldwide continue to buzz over it. Other media behemoths, such as Disney (DIS), are also betting big on Korean content.
☆ Why Are Eggs So Expensive? Here’s What It Means for You.
  + stars: | 2023-01-13 | by ( Patrick Thomas | Jaewon Kang | ) www.wsj.com   time to read: 1 min
Egg prices are soaring as the deadliest avian influenza outbreak on record devastates poultry flocks across the country. The price for eggs rose 11.1% last month compared with the month before and was up nearly 60% in December from the prior year, according to Thursday’s consumer-price index, a measurement of what consumers pay for goods and services. Overall inflation eased to 6.5%, according to this week’s federal data.
☆ Biden, Senate Democrats gear up to prioritize judges in 2023
  + stars: | 2023-01-03 | by ( Nate Raymond | Thomson Reuters | Nate Raymond Reports On The Federal Judiciary | ) www.reuters.com   time to read: +6 min
The exact contours of the Democrats' majority is in flux after Senator Kyrsten Sinema switched her party affiliation from Democrat to independent. But either she caucuses with Democrats and gives the party a 51-49 majority or she does not, leaving Democrats with a 50-49 edge. But in a 50-50 Senate where Democrats and Republicans had an even number of seats on the Senate Judiciary Committee, several civil rights lawyers and nominees supported by progressive advocates stalled with deadlocked votes. And in a 50-50 Senate, occasionally Vice President Kamala Harris was needed to cast a tie-breaking vote. Assuming they are renominated, their path to confirmation could be smoothed, as the Judiciary Committee under Durbin's leadership will now have a majority of Democrats.
☆ Five Chinese startups that survived a tough year of Covid lockdowns
  + stars: | 2023-01-03 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +6 min
Qilai Shen | Bloomberg | Getty ImagesBEIJING — In a year of Covid lockdowns and travel restrictions, some Chinese startups that survived found growth online and overseas. The startup avoided significant impact from China's Covid lockdowns since it could deliver its products virtually, Jiang said. The company aggressively pushed overseas in 2022 – launching subsidiaries in Tokyo, Seoul, Germany, Dubai, Los Angeles and Hong Kong, Wan said. Previously, Wan said that Keenon had seen revenue at least double or more every year from a lower base, when the China market was growing. The company has a staff of 100 people in the southern Chinese province of Guangdong and Los Angeles, Lin said.
☆ China state media plays down COVID wave severity before WHO meet
  + stars: | 2023-01-03 | by ( Bernard Orr | ) www.reuters.com   time to read: +5 min
The World Health Organization on Friday urged China's health officials to regularly share specific and real-time information on the COVID situation. The agency has invited Chinese scientists to present detailed data on viral sequencing at a meeting of a technical advisory group scheduled for Tuesday. The European Union has offered free COVID vaccines to China to help contain the outbreak, the Financial Times reported on Tuesday. China has rejected criticism of its COVID data and said any new mutations may be more infectious but less harmful. Data on Tuesday showed China's factory activity shrank at a sharper pace in December as the COVID wave disrupted production and hurt demand.
☆ China state media plays down severity of COVID wave before WHO meeting
  + stars: | 2023-01-03 | by ( Bernard Orr | ) www.reuters.com   time to read: +5 min
The World Health Organization on Friday urged China's health officials to regularly share specific and real-time information on the COVID situation. The agency has invited Chinese scientists to present detailed data on viral sequencing at a meeting of a technical advisory group scheduled for Tuesday. The European Union has offered free COVID vaccines to China to help contain the outbreak, the Financial Times reported on Tuesday. China has rejected criticism of its COVID data and said any new mutations may be more infectious but less harmful. Data on Tuesday showed China's factory activity shrank at a sharper pace in December as the COVID wave disrupted production and hurt demand.
☆ Asian shares slip as investors gauge China reopening policy
  + stars: | 2022-12-28 | by ( Ankur Banerjee | ) www.reuters.com   time to read: +3 min
SINGAPORE, Dec 28 (Reuters) - Asian equities were subdued on Wednesday, while the dollar held firm, with investors looking for direction after China took further steps towards reopening its COVID-battered economy. The yield on 10-year Treasury notes was down 0.9 basis points at 3.849%, hovering around the five-week high of 3.862% it touched in the previous session. The yield on the 30-year Treasury bond was down 2.3 basis points at 3.920%, while the two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 1.9 basis points at 4.349%. "The spring salary negotiation next year is the most important to watch for further meaningful policy change for the Bank of Japan." The dollar index , which measures the safe-haven greenback against six major currencies, rose 0.077%.
☆ After embarrassing incursion by North Korean drones, South Korea vows to speed up work on its own stealth drones
  + stars: | 2022-12-27 | by ( Hyung-Jin Kim | Associated Press | ) www.businessinsider.com   time to read: +7 min
North Korean drones flew into South Korean for the first time in five years on Monday. A local county office sent emergency text messages notifying residents of a new batch of North Korean drones. South Korean TV footage of a North Korean drone on December 26. It was the first time North Korean drones entered South Korean airspace since 2017. South Korean Defence Ministry/Getty ImagesOn Monday, South Korea sent its own surveillance assets, apparently unmanned drones, across the border as corresponding steps against the North Korean drone flights.
☆ Egg Prices Surge to Records as Bird Flu Hits Poultry Flocks
  + stars: | 2022-12-23 | by ( Jaewon Kang | Patrick Thomas | ) www.wsj.com   time to read: 1 min
Retail egg prices have climbed more than any other supermarket item this year. Egg prices are hitting records, driven by an avian-influenza outbreak that has killed tens of millions of chickens and turkeys this year across nearly all 50 states. Wholesale prices of Midwest large eggs hit a record $5.36 a dozen in December, according to the research firm Urner Barry. Retail egg prices have increased more than any other supermarket item so far this year, climbing more than 30% from January to early December compared with the same period a year earlier, and outpacing overall food and beverage prices, according to the data firm Information Resources Inc.
☆ Egg Prices Surge to Records as Bird Flu Decimates Poultry Flocks
  + stars: | 2022-12-22 | by ( Jaewon Kang | Patrick Thomas | ) www.wsj.com   time to read: 1 min
Retail egg prices have climbed more than any other supermarket item this year. Egg prices are hitting records, driven by an avian-influenza outbreak that has killed tens of millions of chickens and turkeys this year across nearly all 50 states. Wholesale prices of Midwest large eggs hit a record $5.36 a dozen in December, according to the research firm Urner Barry. Retail egg prices have increased more than any other supermarket item so far this year, climbing more than 30% from January to early December compared with the same period a year earlier, and outpacing overall food and beverage prices, according to the data firm Information Resources Inc.
☆ Morning Bid: Land of the rising yields
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +5 min
A look at the day ahead in U.S. and global markets from Mike Dolan. In the last major central bank set-piece of the year, the BOJ raised its long-standing cap on 10-year Japanese government bond yields by quarter of a percentage point to 0.5% - sending those yields and the yen surging and squeezing stocks further. Yet most investors felt that was only likely when BOJ chief Haruhiko Kuroda stepped down in April. Japan's 10-year bond yields immediately almost doubled close to the new 0.5% target, with U.S. Treasury and European sovereign debt yields rising in their slipstream. Apart from the timing, the BOJ move marks a significant moment in draining the world economy of central bank liquidity pumped in to support economies during the pandemic.
☆ California invested an enormous amount of money into getting EVs on the road, but practically nothing when it comes to dealing with the waste: 'It's totally like the Wild West.'
  + stars: | 2022-12-11 | by ( Hanna Kang | ) www.businessinsider.com   time to read: +13 min
"It's totally like the Wild West," said Zora Chung, co-founder of ReJoule, Inc., a startup project based in Signal Hill that is exploring repurposing used batteries from EVs. However, there are no EV battery recycling plants that exist in California, nor tried-and-true recycling programs in place to deal with the fallout. Currently, the company has used batteries deployed at the American Museum of Ceramic Art in Pomona, where solar panels feed electricity into the used battery storage units. Charging station for electric and hybrid cars using solar panels to generate electricity to charge car batteries. "Imagine if it just took you one full work week to qualify one used battery," Chung said.
☆ Albertsons’ $4 Billion Dividend Payout Remains Blocked as Washington State Attorney General Seeks Appeal
  + stars: | 2022-12-10 | by ( Jaewon Kang | ) www.wsj.com   time to read: 1 min
Kroger is the top U.S. supermarket operator by sales. A Washington state judge on Friday extended a temporary restraining order blocking a $4 billion dividend that Albertsons Cos. planned to pay its shareholders amid its plans to be bought by Kroger Co.Judge Ken Schubert for the King County Superior Court in Washington sided with Albertsons and Kroger, allowing Albertsons to pay the dividend. The ruling came after the state’s attorney general filed a lawsuit in November against the companies to block the dividend.
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