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The recent attack on two North Carolina substations that cut power to thousands of people has raised concerns about security standards for the country’s electric grid and its numerous power stations, which have faced greater threats in recent years. Nearly 600 electric emergency incidents and disturbances were caused by suspected and confirmed physical attacks and vandalism on the electric grid in those nine years, the reports show. The incidents, which are self-reported by power companies to the federal government, provide little to no detail about what occurred. Paths forward for a new standardThose who want a new security standard said there remain significant bureaucratic headwinds against such a proposal. The North American Electric Reliability Corporation, a nonprofit originally created by the electricity industry, said it created security requirements based on risk, rather than a one-size-fits-all approach.

☆ Sam Bankman-Fried could face extradition from the Bahamas to the US: Here's how, legal experts explain
▼ + stars: | 2022-12-07 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +6 min

Its founder Sam Bankman-Fried has mounted a media tour apparently from the Bahamas, where he's said to still live. US prosecutors have powerful tools to charge and summon defendants living overseas, experts said. If the US government ultimately succeeds in bringing criminal charges against him, prosecutors have legal tools to extradite him to the US, legal experts told Insider. The US would file its extradition application through the Justice Department's Office of International Affairs, which oversees those requests. In this case, it's not likely that a potential securities fraud case would allow another nation to put terms on its extradition.

☆ U.S. kicks off first California coast offshore wind auction
▼ + stars: | 2022-12-06 | by ( Nichola Groom | ) www.reuters.com time to read: +2 min

Dec 6 (Reuters) - The United States on Tuesday is set to kick off the first sale of offshore wind development rights for waters off the coast of California, expanding the nascent domestic industry to the Pacific Ocean. "It puts California on a path to be a global hub for offshore wind technology," JC Sandberg, interim chief executive of the American Clean Power Association, said on a call with reporters. Previous federal offshore wind auctions have all been for leases in shallower waters of the Atlantic Ocean. The California sale is viewed as a test of industry appetite for investing in floating offshore wind technology, which to date has been limited to small pilot projects in places including Norway and Portugal. Companies approved to bid at the auction include established offshore wind players like Avangrid Inc (AGR.N), Orsted (ORSTED.CO) and Equinor (EQNR.OL), which are all developing projects on the U.S. East Coast.

☆ As Ukrainian forces recaptured a key town, another elite Russian unit appears to have gone through 'the meat grinder'
▼ + stars: | 2022-11-30 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

Russian troops in Lyman and those who retreated took heavy losses, including an elite GRU unit. In just a few days, Ukrainian forces liberated hundreds of square miles of territory and scores of villages. Its cadre of Spetsnaz commandos is among the best in the Russian military. Competent special operators require years of basic and advanced military training, as well as training tailored to their mission sets. The Russian military as a whole is taking a battering in Ukraine, though casualty estimates vary widely.

☆ A 1930s eugenics experiment is the reason women's clothing sizes are so damn frustrating
▼ + stars: | 2022-11-30 | by ( Isabella Zavarise | ) www.businessinsider.com time to read: +7 min

A 1930s eugenics experiment is the reason women's clothing sizes are inconsistent, as per Radke. In an email to Insider, Radke said the discovery about women's clothing sizes was one of the biggest surprises to her when researching "Butts, a Backstory." Andrew SemansThe life-sized plaster casts made by Dickinson and Belskie were dubbed Normman and Norma and helped create standardized clothing sizes. During the 1950s, standardized clothing sizes were adopted by clothing brands. "It's just too expensive for garment manufacturers to make enough clothing sizes to accommodate the wide variation of human bodies.

☆ How influencers use Amazon to earn money, from affiliate links to livestreaming
▼ + stars: | 2022-11-26 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +6 min

Amazon Live: A livestreaming platform where creators earn a commission from every sale. Anyone who is a part of the Amazon Influencers Program can join by downloading the Amazon Live Creator app. Read more:Why Amazon Live has struggled to win over content creatorsThe main problem influencers said they have had with Amazon Live has been driving traffic to the platform. Amazon doesn't have a portal where users can see all of the Amazon influencers that they follow, unlike TikTok or YouTube. Read more:How influencers are earning money on Amazon by reviewing productsTo make money reviewing products on Amazon, creators must upload at least three videos to their individual profile page.

☆ Law Schools Without LSATs
▼ + stars: | 2022-11-25 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

The flight from merit continues across America, and it’s spreading fast in the legal profession. An arm of the American Bar Association (ABA), which accredits law schools, voted on Nov. 18 to end the requirement that prospective law students take the Law School Admission Test. And here we thought torturing prospective lawyers was a widely accepted public good. The vote is pending approval from the ABA House of Delegates in February. If adopted, it would make standardized testing optional in preparation for a career that demands a lot of standardized knowledge.

Global regulators have called on the EU and ISSB to make their climate disclosures interoperable to avoid competing norms confusing cross-border investors. An advisory body is due to present technical guidance to the European Commission on how to implement the disclosures. The ISSB hopes the EU could move towards its definition of materiality, which is drawn from accounting norms already being applied by EU companies in financial statements. The U.S. Securities and Exchange Commission, however, is facing pressure to ditch Scope 3 from its draft climate disclosures. It said it will apply the ISSB's climate disclosure standard in its work.

☆ COP27: Regulators plan closer scrutiny of carbon markets
▼ + stars: | 2022-11-09 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

LONDON, Nov 9 (Reuters) - Global securities regulators proposed closer scrutiny of carbon trading on Wednesday to deepen liquidity and prevent greenwashing in markets used by companies to offset their emissions to drive the transition to a net-zero economy. The International Organization of Securities Commissions (IOSCO), which groups securities regulators from across the world, made recommendations to improve 'compliance' carbon markets, and asked whether regulators should be more involved in 'voluntary' carbon markets. Compliance refers to regulated markets for trading permits on exchanges like ICE and EEX with the EU emission trading scheme (ETS). The unregulated voluntary market refers to companies buying credits from emission reducing projects like renewable energy or planting trees to offset their own emissions. "Some vulnerabilities in voluntary carbon markets have thus far prevented these markets from scaling to their full potential, while others can be of concern for regulators in their efforts to counter the risk of greenwashing," IOSCO said.

☆ Lab-grown blood given to humans in world-first trial aimed at combatting rare disorders
▼ + stars: | 2022-11-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Blood grown in a laboratory has been transfused into humans for the first time in a landmark clinical trial. LONDON — Blood grown in a laboratory has been transfused into humans for the first time in a landmark clinical trial that U.K. researchers say could significantly improve treatment for people with blood disorders and rare blood types. Researchers say the aim is not to replace regular human blood donations, which will continue to make up the majority of transfusions. But the technology could allow scientists to manufacture very rare blood types which are difficult to source but which are vital for people who depend on regular blood transfusions for conditions such as sickle cell anemia. But the potential for this work to benefit hard to transfuse patients is very significant," she added.

Language allowed me to make some meaning of the situation and take control of my own mental health narratives. “I’m gonna be honest, I didn’t wanna go to the mental health hospital,” she says in the documentary. She wants to be transparent about her mental health condition in order to inspire others and help them feel less alone. Moments like this highlight how risky it still is for a celebrity to be candid about mental health. For a celebrity who once had the most followed Instagram account, the performance of an identity versus the reality of it is crucial to understanding Gomez’s mental health advocacy.

☆ In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
▼ + stars: | 2022-11-05 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +32 min

Others arrange clandestine meetings via Telegram to swap the stablecoin tether for U.S. dollars in order to buy groceries. In Jan., police raided a small crypto mining farm in the hydro-powered town of Jezzine, seizing and dismantling mining rigs in the process. But mining crypto tokens to earn a living is not for everybody. Younes tells CNBC that he initially moved 15% of his money into bitcoin, and he kept the remaining balance in cash. Lebanon has six bitcoin ATMs — one in Aamchit and five in Beirut, according to metrics offered by coinatmradar.com.

☆ Factbox: No consensus in Congress on making daylight saving time permanent
▼ + stars: | 2022-11-05 | by ( ) www.reuters.com time to read: +4 min

Clocks in the United States will return to standard time at 2 a.m. EDT on Sunday with no consensus on the matter. The current system of daylight saving is good for business, energy efficiency, and the prevention of vehicle accidents." There's some strong science behind it that is now showing and making people aware of the harm that clock switching has. Congress created Daylight Saving decades ago as a wartime effort, now it is well past time to lock the clock and end this experiment." Permanent, year-round Standard Time is the best match for our biological sleep-wake cycle."

☆ Some Dodge and Chrysler drivers have been told not to drive their cars after faulty airbags caused three deaths in 7 months
▼ + stars: | 2022-11-04 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Stellantis has issued a 'Do Not Drive' warning on around 276,000 vehicles, the NHTSA announced. The issue relates to a fault with Takata airbags, which can cause them to explode. Over 67 million vehicles fitted with Takata airbags have been subject to recalls over the last decade, per The NHTSA's website. Ford began replacing airbags in 2.6 million vehicles in April 2021. "Left unrepaired, recalled Takata air bags are increasingly dangerous as the risk of an explosion rises as vehicles age.

☆ Passengers were left stranded at an airport after they were sold tickets for a flight that didn't exist, reports say
▼ + stars: | 2022-11-03 | by ( Stephen Jones | ) www.businessinsider.com time to read: +2 min

Passengers were able to buy tickets for a flight that didn't exist due to a ticketing mixup. They were told at the airport that the airline had stopped serving the route, per the Times of India. Despite having valid Passenger Name Record (PNR) numbers that should have enabled them to check in for the flight, airport staff refused to let the travelers board. However, passengers were still able to purchase tickets through third-party ticket website Happyfares up until at least October 27, per TOI. After finding out about their flight, some passengers had to pay double for a spot ticket, per the Times of India.

☆ German industry curbed gas demand by a fifth in crisis - study
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

Companies Hertie School of Governance gemeinnützige GmbH FollowFRANKFURT, Nov 1 (Reuters) - German industry cut its gas consumption by nearly a fifth last month, sustainability experts said on Tuesday, after a plunge in Russian gas exports sparked a continent-wide energy crisis that led to soaring energy prices. "A further reduction in gas consumption in industry is likely in view of persistently high gas prices," they said. German households, half of whom heat with gas, increased savings to 36% year-on-year in September, having saved 10% in March, the study said. The researchers explained these findings with delayed billing effects, delayed saving appeal campaigns and a lower price exposure of household prices to the wholesale market. Germany's expert gas commission on Monday presented proposals to the government for a gas price cap to help citizens and encourage companies to keep up operations and protect jobs.

☆ Ford CEO puts the brakes on the company's plan for fully autonomous cars, saying there's a long way to go before it can develop them at scale
▼ + stars: | 2022-10-27 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Ford is shifting its priorities away from developing fully autonomous cars. CEO Jim Farley said development of the vehicles at scale was "a long way off." The shift means that Ford is closing down Argo AI, a robo-taxi startup it jointly backed with VW. "Profitable, fully autonomous vehicles at scale are a long way off," CEO Jim Farley said, in a statement published alongside the automaker's third-quarter earnings, Wednesday. A vehicle with Level 4 ADAS capability is considered to be fully autonomous and can navigate most road situations without the need for human assistance.

☆ Business in China 'has been very strong': Standard Chartered CFO
▼ + stars: | 2022-10-26 | 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 EmailBusiness in China 'has been very strong': Standard Chartered CFOAndy Halford, CFO of Standard Chartered, discusses the bank's third-quarter results and solid business performance in China as well as the benefits of rate hikes amid fears of a global recession.

☆ Standard Chartered third-quarter profit jumps 40%, beats estimates
▼ + stars: | 2022-10-26 | by ( ) www.cnbc.com time to read: +1 min

Pedestrians pass the headquarters of Standard Chartered in London on Feb. 14, 2022. Standard Chartered's first-quarter pre-tax profit rose 6%, beating market expectations, as the emerging markets-focused lender benefited from rising interest rates and flagged a robust outlook. Standard Chartered posted a 40% increase in quarterly profit, as the emerging markets-focused bank benefited from a sharp rise in income on higher interest rates. The improved performance and rising revenues from interest rates helped StanChart to lift its outlook for the year. StanChart's statutory credit impairment charges more than doubled to $227 million from a year earlier, reflecting weakness in key economies.

☆ GM's plan to build 400,000 EVs in North America has been delayed by up to 6 months because it hasn't been able to make batteries fast enough
▼ + stars: | 2022-10-26 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

GM has delayed a plan to build 400,000 EVs in North America. CEO Mary Barra said Tuesday the launch of battery production had been slower than expected. Barra told investors in February that GM planned to make 400,000 EVs in North America through 2023, per Automotive News. Barra wants GM to build one million electric vehicles in North America by 2025. GM plans to open a second next year, and another in 2024.

☆ FTSE 100 dips as mixed earnings offset Sunak-driven optimism
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +1 min

The FTSE 100 index (.FTSE) was down 0.1% by 0747 GMT, while the midcap FTSE 250 (.FTMC) rose 0.2%. Shares of WPP (WPP.L) dropped 3.6% to the bottom of FTSE 100 after the group tempered its expectations for operating margin growth, and Reckitt Benckiser (RKT.L) slumped 3.2% despite providing a positive sales outlook. read moreSunak said he would try to fix the mess left by his predecessor, restore trust in British politics and tackle a "profound economic crisis". Shares of Standard Chartered (STAN.L) and Barclays (BARC.L) slipped even as both the lenders reported higher quarterly profit. read moreReporting by Johann M Cherian in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ A passenger plane was heavily damaged when it overshot the runway during its third landing attempt
▼ + stars: | 2022-10-24 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

A Korean Air plane was heavily damaged after it overshot the runway while trying to land. The incident involved a Korean Air plane and took place at Mactan-Cebu International Airport in the Philippines. There were no reports of injuries among the 162 passengers and 11 crew members on Korean Air flight KE631. Mactan-Cebu International Airport did not immediately respond to Insider's request for further comment, which came outside of standard business hours. It's the second incident involving a Korean Air flight that has made headlines in recent months.

☆ As Russia Pummels Ukraine, U.S. Counterdrone System Months Away From Delivery
▼ + stars: | 2022-10-21 | by ( Brett Forrest | ) www.wsj.com time to read: 1 min

The Pentagon has yet to approve a contract to deliver a counterdrone system it promised over the summer to Kyiv, despite Russia’s surge of recent attacks on Ukraine’s critical infrastructure using Iranian-made unmanned aircraft. In late August, the Pentagon said the U.S. had included a weapons system known as the Vampire in a nearly $3 billion military aid package for Ukraine. The portable, laser-guided missile system is designed to be quickly installed in the bed of a civilian truck and has the ability to destroy drones and other targets beyond the range of standard weapons.

☆ How to Find a Financial Advisor
▼ + stars: | 2022-10-21 | by ( ) www.wsj.com time to read: +12 min

Read on to get started:Types of financial advisorsMany financial professionals, including financial planners, securities brokers, investment managers, and insurance brokers call themselves financial advisors so it’s important to know exactly what services an advisor provides before hiring one. Financial advisor designationsThere are myriad designations for financial advisors but only a handful that indicate the expertise most consumers need. Advisor fees and minimumsHow a financial advisor gets paid can be as important as how much you pay them because you want an advisor whose paramount consideration is your best interest, not their own, and whether or not that is the case is largely determined by how you pay them. How to find a financial advisorFinding a financial advisor is not so different from finding any other specialized service you’re in the market for. The right financial advisor can help navigate your financial life, from budgeting everyday spending to fulfilling long-term financial goals over a lifetime including the purchase of a home and a comfortable retirement.

☆ UK's current situation is a 'replay' of the Boris era, says Standard Chartered
▼ + stars: | 2022-10-20 | 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 EmailUK's current situation is a 'replay' of the Boris era, says Standard CharteredEric Robertsen of Standard Chartered Bank says political uncertainty in the U.K. is "enormous," and adds that it's "very difficult to describe U.K. assets as attractive."

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