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☆ China's trade slump narrows as stabilisation signs emerge
▼ + stars: | 2023-09-07 | by ( Joe Cash | ) www.reuters.com time to read: +3 min

“The trade data is marginally better, but I don’t think we should be reading too much into that: trade is still contracting,” said Frederic Neumann, chief Asia economist at HSBC. “There is a bit of a sign here of stabilisation, but I think there’s still a long way to go,” he added. “Looking ahead, whether China’s trade growth has already hit the bottom will hinge on several factors, the most important of which is obviously domestic demand.”Governments around the world are nervous about China’s economic slowdown with many exporting nations highly dependent on the country’s market for growth. However, trade with Japan dropped sharply, with outbound shipments from China to its neighbour down 20% in August year-on-year, while imports worsened by 17%. China posted a trade surplus of $68.36 billion in August, compared with a forecast $73.80 billion and a July figure of $80.6 billion.

Persons: Aly, ”, Frederic Neumann, Zhou Hao, it’s, Nie Wen Organizations: REUTERS, HSBC, Guotai, “, Australian, Hwabao Trust Locations: BEIJING, Shanghai, China, Asia, Beijing, United States, Southeast Asia, Australia, Japan, Tokyo, Brazil

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. ETFutures: Dow up 0.03%, S&P down 0.29%, Nasdaq down 0.62%Sept 7 (Reuters) - The S&P 500 and Nasdaq futures fell on Thursday over concerns about sticky inflation, while investors awaited comments from key Federal Reserve officials later in the day to gauge the U.S. interest rate path. Investors await comments from at least six Fed speakers, including policy voting members Philadelphia Fed President Patrick Harker, Vice Chair and New York Fed President John Williams, due to speak later in the day. ET, Dow e-minis were up 9 points, or 0.03%, S&P 500 e-minis were down 13 points, or 0.29%, and Nasdaq 100 e-minis were down 94.75 points, or 0.62%. GameStop (GME.N) climbed 4.8% after the videogame retailer beat Wall Street estimates for quarterly revenue and posted a smaller-than-expected loss.

Persons: Brendan McDermid, Alibaba, Susannah Streeter, Hargreaves Lansdown, Patrick Harker, John Williams, Wells, Shristi Achar, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, GameStop, Dow, Nasdaq, Federal Reserve, Apple, Nvidia, PDD Holdings, Baidu, Philadelphia Fed, New York Fed, Traders, Investors, Dow e, Wall, Thomson Locations: New York City, U.S, China, McDonald's, Bengaluru

☆ FTSE 100 falls on worries about U.S. rates; Melrose jumps
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +1 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsSummaryCompanies FTSE 100 down 0.4%, FTSE 250 off 0.3%Sept 7 (Reuters) - UK's FTSE 100 opened lower on Thursday after stronger-than-expected U.S. economic data rekindled concerns that interest rates would stay higher for longer, while aerospace supplier Melrose Industries rose on an upbeat profit outlook. The blue-chip FTSE 100 index (.FTSE) fell 0.4% in early trade, while the mid-cap FTSE 250 index (.FTMC) slipped 0.3%. Wall Street's main indexes tumbled on Wednesday after data showed the U.S. services sector unexpectedly gained steam in August, indicating sticky price pressures. GLOB/MKTSFurther weighing on the exporter-heavy FTSE 100, data showed China's exports and imports fell in August as the twin pressures of sagging overseas demand and weak consumer spending squeezed businesses in the world's second-largest economy.

Persons: Toby Melville, Smith, Siddarth, Subhranshu Sahu Organizations: London Stock Exchange, REUTERS, Melrose Industries, Prudential, Thomson Locations: Canary Wharf, London, Britain, U.S, Bengaluru

☆ Biden rejects conditions of plea deal for Sept. 11 attacks defendants
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

The White House confirmed that Biden concurred with Defense Secretary Lloyd Austin's recommendation not to accept the conditions, known as joint policy principles, as a basis for plea talks. "The 9/11 attacks were the single worst assault on the United States since Pearl Harbor. More than 3,000 people were killed in the hijacked plane attacks by al Qaeda militants using four commercial airline jets, flying two of them into the twin towers of the World Trade Center in New York City. The fourth plane went down in rural Pennsylvania after passengers fought back against the hijackers. Reporting by Jeff Mason and Dan Whitcomb; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Leah Millis, Khalid Sheikh Mohammed, Biden, Lloyd Austin's, al, Jeff Mason, Dan Whitcomb, Grant McCool Organizations: Warehouse Union, Pacific Maritime Association, White, REUTERS, Guantanamo, New York Times, U.S, Times, White House, World Trade, Pentagon, Washington , D.C, Thomson Locations: Washington , U.S, United States, Pearl, New York City, Washington ,, Pennsylvania

☆ Elon Musk's twins with Neuralink executive Shivon Zilis have surprisingly normal names
▼ + stars: | 2023-09-07 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk and Neuralink executive Shivon Zilis' twins have unexpectedly normal names. Musk biographer Walter Isaacson revealed the twins' names in a cover story for Time magazine published on Wednesday. The names of Zilis' twins are relatively simple when compared to what Musk and the musician Grimes named their two kids. Besides his four children with Zilis and Grimes, Musk shares five children with his ex-wife Justine Musk. "A collapsing birth rate is the biggest danger civilization faces by far," read the X post published on July 7.

Persons: Elon Musk, Shivon Zilis, Biographer Walter Isaacson, Grimes, Elon, Walter Isaacson, Isaacson, Musk, Strider, Zilis, —, they've, he's, Justine Musk, Insider's Organizations: Service, Musk Locations: Wall, Silicon, Zilis, Austin

☆ Elon Musk pictured for the first time with Neuralink director and the twins they quietly had together
▼ + stars: | 2023-09-06 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Walter Isaacson shared a peek into Elon Musk's relationship with Shivon Zilis, one of the mothers of his children. Zilis is a director at Musk's brain chip company who quietly had a set of twins with the billionaire. In the photo, the twins — who were 16 months old at the time — sit on the laps of Zilis and Musk. Elon Musk pictured with Neuralink director Shivon Zilis. Insider first reported that Musk had quietly fathered twins with Zilis in November 2021.

Persons: Walter Isaacson, Elon, Shivon Zilis, Isaacson, Zilis, —, Musk, Elon Musk, Little Organizations: Service, Twitter, Reuters, TIME, Musk's, Google Locations: Wall, Silicon, OpenAI, Austin , Texas

☆ Biden Rejects Conditions of Plea Deal for Sept. 11 Attacks Defendants
▼ + stars: | 2023-09-06 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - U.S. President Joe Biden has rejected several conditions sought by five Guantanamo Bay prisoners as part of a deal with federal prosecutors that would see them plead guilty to conspiring in the Sept. 11, 2001, attacks, the New York Times reported on Wednesday. But the defendants have responded with a list conditions, including that they not serve their life sentences in solitary confinement and would be allowed to eat and pray with other inmates, the newspaper said. The White House confirmed that Biden concurred with Defense Secretary Lloyd Austin's recommendation not to accept the conditions, known as joint policy principles, as a basis for plea talks. "The 9/11 attacks were the single worst assault on the United States since Pearl Harbor. The fourth plane went down in rural Pennsylvania after passengers fought back against the hijackers.

Persons: Joe Biden, Khalid Sheikh Mohammed, Biden, Lloyd Austin's, al, Jeff Mason, Dan Whitcomb, Grant McCool Organizations: Reuters, Guantanamo, New York Times, U.S, Times, White House, White, World Trade, Pentagon, Washington , D.C Locations: United States, Pearl, New York City, Washington ,, Pennsylvania

☆ Big Farms and Flawless Fries Are Gulping Water in the Land of 10,000 Lakes
▼ + stars: | 2023-09-03 | by ( Dionne Searcey | Mira Rojanasakul | ) www.nytimes.com time to read: +19 min

UNCHARTED WATERS Big Farms and Flawless Fries Are Gulping Water in the Land of 10,000 Lakes When Minnesota farmers cranked up their wells in a drought, they blew through state limits. The location of the White Earth Reservation is also shown, in the upper left portion of the map. Cloud St. Paul Minneapolis Rochester Sandy Soils WHITE EARTH RESERVATION Duluth Irrigation Wells St. Cloud St. Paul Minneapolis Rochester Sandy Soils WHITE EARTH RESERVATION Duluth Irrigation Wells St. “There’s a lot of water in this area.”His farm is awaiting approval for two new state permits for irrigation wells.

Persons: Warren, Mike Tauber, they’ve, ”, Trevor Milbrett, Warren Warmbold, “, Mr, Warmbold, Offutt, Ellen Considine, don’t, Carlos Gonzalez, It’s, farming’s, Robert Glennon, John Nieber, Paul Minneapolis, Nieber, White, Jamie Konopacky, Allan Armstrong, Armstrong, Armstrong’s, Austin Tersteeg, Erskine, Tersteeg Organizations: R.D, Offutt, Minnesota Department of Natural, New York Times, Irrigation, Farmers, state’s Department of Natural Resources, United States Department of Agriculture, Department of Agriculture, Star Tribune, Getty, Park Rapids ., University of Minnesota, Twin, Paul Minneapolis Rochester Sandy, Paul Minneapolis, White, Department of Natural Locations: Lakes, Minnesota, R.D, Warren, Minn, Backus, Eagle Bend, United States, Midwest, Park Rapids, In Minnesota, North Dakota, America, Offutt, Twin Cities, Sandy, Duluth, Wells St, Cloud, Paul, Paul Minneapolis Rochester, Austin, Red Lake County

☆ Fight the market malaise with these ‘attractive’ stocks, Bank of America and Goldman say
▼ + stars: | 2023-09-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs and Bank of America named an assortment of companies this week that they say have upside in the weeks ahead. NextEra Energy Buy the dip in shares of the renewable energy company, Goldman analyst Carley Davenport says. Endeavor Group Bank of America analyst Jessica Reif Ehrlich said earlier this week that shares of the media company offer "striking value." Endeavor Group- Bank of America, buy rating "An entourage of highly attractive assets. ... .We continue to believe that valuation is attractive..." H World Group Limited- Bank of America, buy rating "Shares weak despite solid results = attractive opportunity.

Persons: Goldman Sachs, Goldman, Carley Davenport, Davenport, she's, Jessica Reif Ehrlich, Reif Ehrlich, BofA, Neil Mehta, Mehta Organizations: Bank of America, CNBC, Marathon Petroleum, Endeavor, H, NextEra, Florida, Endeavor Group Bank of America, WWE, UFC, Media, Entertainment, MPC, Petroleum, ~$ Locations: China

☆ India's twin growth engines face turbulent weather
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Sept 1 (Reuters Breakingviews) - India’s gross domestic product grew 7.8% in the April to June quarter, its fastest pace in a year. The print preserves the South Asian nation’s title for the fastest-growing major economy, yet the eye-popping level may not sustain. A patchy monsoon and high food costs threaten the twin engines behind the latest headline figure. Meanwhile, El Nino weather conditions mean the winter agriculture crop could be as weak as the summer yield, keeping prices high for longer. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Narendra Modi’s, Modi, Shritama Bose, Pernod Ricard, Una Galani, Thomas Shum Organizations: Reuters, Tata Consultancy Services, Reserve Bank, India’s, X, Microsoft, Thomson Locations: MUMBAI, El Nino

☆ "Barbenheimer" makes waves for July's movie spending, but box office recovery still lags
▼ + stars: | 2023-08-31 | by ( Amina Niasse | ) www.reuters.com time to read: +3 min

REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Aug 31 (Reuters) - "Barbenheimer" - the twin-bill summer box office phenom - sure helped to drive U.S. consumers back to cinemas last month, but movie-going is still struggling to catch up to other recreational spending categories post-pandemic. While that helped long-suffering box office receipts, it made less of a splash for overall consumer spending when compared to larger categories like clothing and household furnishings, economists at Oxford Economics said. It made a big difference in the live-event spending area though, at least for the moment. This summer’s box office has been out of the ordinary with ticket sales for the season up $500 million from last summer’s sales, according to data firm Box Office Mojo. While other categories of live-event spending have fully recovered from the hit delivered by pandemic shutdowns, film attendance outlays remain at roughly 65% of their pre-COVID levels.

Persons: Mike Blake, Oppenheimer, Michael Pearce, Taylor, Amina Niasse, Dan Burns, Andrea Ricci Organizations: REUTERS, Commerce Department, Warner Bros, Oxford Economics, Graphics, Mojo, Sporting, Federal Reserve Bank of Philadelphia, Gillette, Billboard, Thomson Locations: Los Angeles , California, U.S, Massachusetts

☆ Netflix pioneered the industry model of 100% ownership, and Hollywood followed, but now buyers like Amazon and Warner Bros. Discovery are backing away from it
▼ + stars: | 2023-08-29 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Netflix popularized the model of owning shows outright, but now streamers are reconsidering licensing. But now those walls are beginning to come down at competitors like Amazon, Apple, and Warner Bros. Under the cost-plus model championed by Netflix, the streamer paid more for shows upfront than legacy TV platforms had traditionally paid. But as part of those rich deals, Netflix retained future licensing rights, depriving producers of windowing opportunities — i.e., syndication or foreign distribution rights — that could fund future projects. Now, with Hollywood entering a new phase of penny-pinching , the entertainment giants are easing up on exclusive ownership of content.

Persons: WBD, Bob Iger, Sean Furst, they're, Furst, There's, we'll Organizations: Netflix, Producers, Apple, Warner Bros, Hollywood, Disney, Discovery

☆ Hurricane Idalia chases Florida residents from the Gulf Coast as forecasters warn of storm surge
▼ + stars: | 2023-08-29 | by ( ) www.cnbc.com time to read: +7 min

The result could be a big blow to a state still dealing with lingering damage from last year's Hurricane Ian. She had a message for the almost 900 residents who were under mandatory orders to evacuate the island near the coast of the Big Bend region. More than a dozen state troopers went door to door warning residents that storm surge could rise as high as 15 feet (4.5 meters). At 2 p.m. EDT Tuesday, Idalia was about 240 miles (390 kilometers) south-southwest of Tampa, with maximum sustained winds of 90 mph (150 kph), the National Hurricane Center said. Idalia's initial squalls were being felt in the Florida Keys and the southwestern coast of Florida on Tuesday afternoon, including at Clearwater Beach.

Persons: Idalia, Ian, Sue Colson, Colson, Andy Bair, Hurricane Hermine, Bair, we're, Ron DeSantis, Brian Kemp, Russell Guess, Brian McNoldy, McNoldy Organizations: National Weather Service, Cedar Key, City, National Hurricane Center, Florida Keys, Clearwater Beach . Workers, Carolinas, . Georgia Gov, National Guard, Cunningham Tree Service, University of Florida, MacDill Air Force Base, Tampa Bay, Busch Gardens, United Launch Alliance, Atmospheric Administration, University of Miami Locations: Coast, Gulf, Mexico, Florida, Tallahassee, Bend, Cedar, Tarpon Springs, Tampa, Clearwater Beach, Georgia, Valdosta , Georgia, Cuba, Pinar del Rio, Hawaii, Canada, Greece, California, Vermont, Gainesville

☆ Royce Lewis' grand slam propels Twins past Guardians
▼ + stars: | 2023-08-29 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/32] Aug 28, 2023; Minneapolis, Minnesota, USA; Cleveland Guardians catcher Bo Naylor (23) is congratulated in the dugout after hitting a home run against the Minnesota Twins in the second inning at Target Field. Mandatory Credit: Matt Blewett-USA TODAY Sports Acquire Licensing RightsAugust 29 - Royce Lewis belted a grand slam for the second game in a row, and the Minnesota Twins pulled away for a 10-6 win over the Cleveland Guardians on Monday night in Minneapolis. The 24-year-old Lewis became the first player in Twins history to hit grand slams in back-to-back games. The Twins increased their lead in the American League Central to seven games over the second-place Guardians. Cleveland's hitters provided Curry with a 4-0 lead in the top of the second before the Twins surged back.

Persons: Bo Naylor, Matt Blewett, Royce Lewis, Lewis, Jorge Polanco, Matt Wallner, Funderburk, Xzavion Curry, Curry, Will Brennan, Gabriel Arias, Naylor, Carlos Correa, Donovan Solano, Andres Gimenez, Wallner, Steven Kwan, Polanco Organizations: Cleveland, Minnesota Twins, Cleveland Guardians, The Twins, American League Central, Twins, Thomson Locations: Minneapolis , Minnesota, USA, Minneapolis, Minnesota, Kole Calhoun

☆ Brexit: The UK economy still can't cope with the consequences of leaving the EU
▼ + stars: | 2023-08-29 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

Tuesday’s announcement also highlights long-running concerns that border checks on food imports from the EU — which supplies 28% of the food consumed in Britain — could choke off supplies. Physical inspections have been pushed back to the end of April, with the final controls on EU imports — safety and security declarations — postponed to October 2024. Some UK industry groups welcomed the latest delays to border checks, which, they said, will add costs and friction to supply chains. The UK inflation rate is the highest in the G7, with consumer prices rising 6.8% in July compared with a year ago. Beyond inflation, food supply disruptions remain a lingering concern in the UK, which imports just under half of all the food it consumes.

Persons: Brexit, ”, Shane Brennan, ” Brennan, Andrew Opie, Rishi Sunak, Olesya Dmitracova Organizations: London CNN, European Union, London School of Economics, EU, Chain Federation, British Retail Consortium, Britain, and Drink Federation Locations: Britain, United Kingdom, EU

☆ MLB roundup: Twins edge Rangers on bases-loaded walk in 13th
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +21 min

Mets 3, Angels 2Rafael Ortega collected the game-winning RBI single in the bottom of the ninth inning as New York edged visiting Los Angeles. Assad (3-2) gave up one run and three hits in seven innings, with seven strikeouts and two walks. Kyle Tucker and Yainer Diaz hit two-run shots, while Mauricio Dubon and Martin Maldonado had solo blasts. Mets 3, Angels 2Rafael Ortega collected the game-winning RBI single in the bottom of the ninth inning as New York edged visiting Los Angeles. Kyle Tucker and Yainer Diaz hit two-run shots, while Mauricio Dubon and Martin Maldonado had solo blasts.

Persons: Royce Lewis, Jeffrey Becker, Michael A, Taylor, Donovan Solano, Jorge Polanco, Max Kepler, Dylan Floro, Jonathan Hernandez, Lewis, Ryan Jeffers, Joey Gallo, Matt Wallner, Carlos Correa, Jonah Heim, Martinez, Marcus Semien, Rafael Ortega, Francisco Alvarez, Reynaldo Lopez, DJ Stewart, Mark Vientos, Ortega, Adam Ottavino, Alvarez, Pete Alonso, Alonso, Daniel Vogelbach, Luis Rengifo, Brandon Lowe, Randy Arozarena, Zack Littell, Jason Adam, Kyle Higashioka, DJ LeMahieu, Anthony Volpe, Jeimer Candelario, Cody Bellinger, Javier Assad, Bellinger, Nico Hoerner, Assad, Ke'Bryan Hayes, Bailey, Patrick Bailey, Rogers, Austin Slater, Tristan Beck, Scott Alexander, Jared Shuster, Marcell Ozuna, Elias Diaz's groundout, Ryan O'Hearn's, Jake Bird, Justin Lawrence, Yennier Cano, Mookie Betts, Freddie Freeman, Betts, James Outman, Gavin Stone, Caleb Ferguson, Justin Turner, Adam Duvall, Triston Casas, Aaron Nola, Louis, Craig, Kyle Schwarber, Drew Rom, Kole, Ramon Laureno's, Calhoun, Laureano, Emmanuel Clase, Jose Ramirez, Vladimir Guerrero Jr, Davis Schneider, George Springer, Jeremy Pena, Kyle Tucker, Yainer Diaz, Mauricio Dubon, Martin Maldonado, Justin Verlander, Miguel Cabrera, Alex Faedo, Jorge Soler slugged, would've, Soler, Rowdy Tellez, Sal Frelick, Adrian Houser, Bryse Wilson, Gary Sanchez, Matthew Batten, Steven Wilson, Teoscar Hernandez, Julio Rodriguez, Luis Castillo, Castillo, Andres Munoz, Nelson Velazquez, Alec Marsh, Mike Clevinger, Yoan Moncada, Tim Anderson, Andrew Benintendi, Andrew Vaughn, Moncada, Paul Blackburn, Media Teoscar Hernandez Organizations: Minnesota Twins, Texas Rangers, USA, Twins, Texas, The Rangers, Mets, New, Angels, Yankees, Tampa Bay, Rays, Cubs, Pirates, Chicago, Pittsburgh, Giants, Braves, Atlanta, Orioles, Baltimore, Rockies, Dodgers, Red Sox, Los, Boston, Phillies, Cardinals, Philadelphia, St, Blue Jays, Cleveland, Toronto, Guardians, Astros, Tigers, Detroit's Comerica, Detroit, Marlins, Nationals, Miami, Washington, The Marlins, National League East, Brewers, Padres, Milwaukee, National League Central, Mariners, Royals, Seattle, Kansas City, American League West, White Sox, Athletics, Oakland, Media, Thomson Locations: Minneapolis , Minnesota, USA, Minneapolis, Texas, Minnesota, York, Los Angeles, New York, St . Petersburg, Fla, Francisco, Colorado, Baltimore, Nola, Detroit, National League East . Washington, San Diego, Chicago

☆ Greece wildfires: A losing battle to save the lungs of Athens
▼ + stars: | 2023-08-27 | by ( Eleni Giokos | ) edition.cnn.com time to read: +6 min

The national park, known as the "lungs of Athens" is now home to a battle to repel wildfires. Now it is the home to a raging battle, as the emergency services try to repel more than 200 wildfires in Greece since Monday alone. Firefighters look at a wildfire burning on Mount Parnitha, in Athens, Greece, August 24, 2023. Burning cars destroyed by the fire on Mount Parnitha in Athens, Greece, on August 23, 2023. It was a welcome glimmer of hope, but it will take more than a little water to protect Greece from these wildfires and those that will surely come again.

Persons: Nikos, Eleni Giokos, CNN Nikos, ”, Nicolas Economou, Kostas, Michalis Diakakis, Parnitha, Giorgos Arapekos, Dr Diakakis, Nikos ’ Organizations: Greece CNN, CNN, Reuters, of Geology, Kapodistrian University of Athens, AP, Police Locations: Athens, Greece, Paraskevi, Panitha, Greece’s, ”, Parnitha, Dadia, Alexandroupoli, Evros

☆ Taylor Swift, Beyonce, and 'Barbenheimer' may boost US GDP by $8.5 billion
▼ + stars: | 2023-08-25 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Taylor Swift, Beyoncé, and the "Barbenheimer" phenomenon have given a sizable boost to consumer spending this year. Collectively, they may add an impressive $8.5 billion to the US economy in the third quarter, per Bloomberg. High-profile concert tours by Taylor Swift and Beyoncé, along with the twin-movie phenomenon that's come to be known as 'Barbenheimer', are projected to add $8.5 billion to US output in the third quarter, according to Bloomberg Economics. The Bloomberg economists warn, however, that the Hollywood boost for the economy may be short-lived. AdvertisementAdvertisementNeither Beyonce nor Swift have any concerts planned in the US in the last quarter of the year, and the economists described the success of 'Barbenheimer' as a "once-in-a-blue moon" event.

Persons: Taylor Swift, Barbie, Oppenheimer, Anna Wong, Eliza Winger, Swift, – Organizations: Bloomberg, Service, Bloomberg Economics, Revenue, Federal Reserve, Hollywood Locations: Wall, Silicon, Montenegro, Barbados

☆ MLB roundup: Behind Aaron Judge's 3 homers, Yanks end skid
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +10 min

The Yankees won for the first time since Aug. 11 and avoided their first 10-game skid since 1913. New York's Luis Severino (3-8) didn't allow a run and surrendered just one hit, matching a season high with 6 2/3 innings. Blue Jays starter Kevin Gausman (9-8) gave up two runs on five hits in six innings against his former team. Cubs 6, Tigers 4Cody Bellinger drove in two runs, Yan Gomes knocked in the go-ahead run and visiting Chicago downed Detroit. Cubs starter Jameson Taillon had a no-hitter through five innings but gave up four runs in 5 2/3 innings.

Persons: Aaron Judge, Vincent Carchietta, Brian Cashman, MacKenzie Gore, New York's Luis Severino, Elly De La Cruz, Shohei Ohtani, Spencer Steer, Buck Farmer, Tyler Anderson, Matt McLain, Steer, Reid Detmers, Ohtani, Tim Anderson, Trayce Thompson, Anderson, George Kirby, Josh Rojas, Dean Kremer, Anthony Santander, Kremer, Jack Flaherty, Kevin Gausman, Charlie Morton, Marcell Ozuna, Morton, DJ Stewart, Ozuna, Austin Riley, Jose Quintana, Cody Bellinger, Yan Gomes, Julian Merryweather, Adbert Alzolay, Kerry Carpenter, Tarik Skubal, Jameson Taillon, Paul DeJong, Wilmer Flores, Camilo Doval, Bryce Harper, Jakob Junis, Ryan Walker, Craig Kimbrel, Kyle Schwarber, Trea Turner, Brice Turang, Carlos Santana, Willy Adames, Turang, Elvis Peguero, Ryan Jeffers, Lewis, Michael A, Taylor, Brandon Lowe, Lowe, Brent Suter, Osleivis, Pete Fairbanks, Elias Diaz, Adam Duvall, Josh Winckowski, Nick Pivetta, Kenley Jansen, Seth Martinez, Hector Neris, Bryan Abreu, Ryan Pressly, Kendall Graveman, Richie Palacios, Nolan Arenado, Louis, Paul Goldschmidt, Zack Thompson, JoJo Romero, Ke'Bryan Hayes, Connor Joe, Luis Oritz, Dairon Blanco, Cole Ragans, Bobby Witt Jr, Adrian Martinez, Blanco, Seth Lugo, Xander Bogaerts, Lugo, Garrett Cooper, Sandy Alcantara, Xzavion Curry, Will Smith, Enrique Hernandez, Jose Ramirez, Clayton Kershaw Organizations: New York Yankees, Washington Nationals, Yankee, Yankees, New, Reds, Cincinnati, Orange County, UCLA, The Reds, Angels, White Sox, Mariners, Seattle, Cleveland Guardians, Orioles, Blue Jays, Baltimore, Braves, Mets, Atlanta, Cubs, Tigers, Chicago, Detroit, Giants, Phillies, San Francisco, Philadelphia, Brewers, Milwaukee, Twins, Rays, Rockies, Tampa Bay, Colorado, Red Sox, Astros, Boston, Cardinals, Pirates, Pittsburgh, Royals, Athletics, Kansas City, Oakland, 103rd, Padres, Marlins, San Diego, Miami, Dodgers, Cleveland, The Dodgers, Thomson Locations: Bronx , New York, USA, New York, OptaSTATS, Cincinnati, Los Angeles, Anaheim , Calif, McLain, Orange, Southern California, Chicago, Toronto, Minnesota, Colorado, St . Petersburg, Fla, Houston, Boston, Pittsburgh, San, Angeles

☆ Conservative activist sues major law firms for providing diversity fellowships
▼ + stars: | 2023-08-23 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Washington, DC CNN —The conservative activist behind the Supreme Court case that struck down affirmative action in college admissions this year is suing two international law firms for providing diversity fellowships. Corporate diversity programs have come under fire lately from conservative politicians and activists. The group has also sued Target for allegedly destroying shareholder value through its Pride-themed clothing, and it has sued Kellogg for diversity programs. Yet studies have shown that DEI programs and initiatives have demonstrated cultural and economic benefits. Affirmative action and diversity program advocates fear that conservative action against those programs could block career opportunities for people of color.

Persons: Perkins Coie, Morrison, Foerster, Perkins, ”, “, ” Morrison, White, Edward Blum, Blum, Trump, Stephen Miller, Kellogg, Ron DeSantis Organizations: DC CNN, American Alliance for Equal Rights, CNN, Apple, Google, Starbucks, Procter, Gamble, American Medical Association, Bureau of Labor Statistics, Census, Harvard College, University of North, Legal, National Center for Public, Research, Conservative, America, Legal Foundation, Amazon, Florida Gov Locations: Washington, Dallas, Miami, University of North Carolina, Spokane , Washington, Texas, Florida

☆ MLB roundup: M's down White Sox for 8th straight win
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +8 min

Yoan Moncada and Vaughn each had two hits as the White Sox lost for the eighth time in 10 games. Brian Anderson's two-run single capped the uprising. Willy Adames hit a two-run homer for the Brewers, who got two innings of scoreless relief from Bryse Wilson (5-0). The Red Sox started 0-for-9 with runners in scoring position before Justin Turner stroked a two-run single in the ninth off Astros reliever Rafael Montero. Will Smith hit a two-run homer for Los Angeles, which lost for just the third time in 20 games this month.

Persons: Josh Rojas, Matt Marton, Mike Ford, Teoscar Hernandez, Justin Topa, Andres Munoz, Andrew Vaughn's, J.P, Crawford, Rojas, Yoan Moncada, Vaughn, CJ Abrams, Abrams, Tommy Kahnle, Carter Kieboom, Mason Thompson, Kyle Finnegan, Ben Rortvedt, Bailey Ober, Dylan Floro, Brian Anderson's, Willy Adames, Bryse Wilson, Christian Vazquez, Kyle Farmer, Eddie Rosario, Bryce Elder, Rosario, Marcell Ozuna, Atlanta's, Elder, Tylor, Justin Verlander, Kyle Tucker, Jon Singleton's, Justin Turner, Rafael Montero, Boston's Adam Duvall, Brandon Belt, Bo Bichette, Mike Baumann, Vladimir Guerrero Jr, Varsho, Adley Rutschman, Jordan Westburg, Ryan Mountcastle, Cleveland, Bobby Miller, Caleb Ferguson, Will Brennan, Andres Gimenez, Myles Straw, Oscar Gonzalez, Cleveland's Sam Hentges, Trevor Stephan, Emmanuel Clase, Noah Syndergaard, Will Smith, Andy Ibanez, Kerry Carpenter, Parker Meadows, Tyler Holton, Alex Lange, Dansby Swanson, Jeimer Candelario, Reese Olson, Drew Smyly, Trea Turner, Taijuan Walker, Turner, Craig Kimbrel, Kyle Harrison, Camilo Doval, Yandy Diaz, Osleivis Basabe slugged, Diaz, Randy Arozarena, Andrew Kittredge, Michael Toglia slugged, Elias Diaz, Brent Suter, Andrew McCutchen, Bryan Reynolds, Louis, Connor Joe, Johan Oviedo, David Bednar, Richie Palacios, Willson Conteras, Alec Burleson, Adam Wainwright Organizations: Seattle Mariners, Chicago White Sox, Seattle, Chicago, Mariners, Ford, White Sox, Nationals, Yankees, Washington, Brewers, Twins, Milwaukee bunched, Milwaukee, Braves, Mets, Atlanta, New, Astros, Red Sox, Houston, Boston, Jays, Orioles, Toronto, Baltimore, Dodgers, Los Angeles, Los, Tigers, Cubs, Detroit, Phillies, Giants, Philadelphia, Francisco, Rays, Rockies, League, Colorado, Pirates, Cardinals, Pittsburgh, Thomson Locations: Chicago , Illinois, USA, Seattle, New York, Minnesota, York, Baltimore, Cleveland, Los, Los Angeles, Parker, San Francisco, Philadelphia, Tampa, St . Petersburg, Fla, St

☆ How Bob Iger's big plan to shrink Disney could pay off and how it could backfire, according to industry insiders
▼ + stars: | 2023-08-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

After a run of acquisitions during his first tour as Disney CEO, Bob Iger is looking to shrink the company. "They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises." Verizon has reached out to Disney about partnering on a new ESPN streaming service, The Information reported. 2024 will bring some clarity to Disney's streaming business. "The streaming business with ESPN going direct to consumer can generate a lot of subscriptions and hopefully be a positive earnings contributor.

Persons: Bob Iger, He's, Iger, Wells, Steven Cahall, MoffettNathanson's Michael Nathanson, Iger's, hasn't, Macquarie, Tim Nollen, Doug Shapiro, Shapiro, Disney, It'll, there's, Tim Cook, Eddy, Drew Angerer, Disney's, Penn, Joel Simkins, Stratechery's Ben Thompson, Thompson, — Iger, mused, signups, he's, Kevin Lansberry, I'm, Nollen Organizations: Disney, ABC, FX, Geographic, ESPN, Google, Netflix, Warner Bros, Discovery, Warner Bros . Discovery, Comcast, Marvel, Pixar, Apple, Walt Disney, Turner Broadcasting System, Apple's, Hulu, ESPN Iger, Penn Entertainment, Houlihan, Global Technology Group, LightShed Partners, Verizon, Flagship Locations: Orlando , Florida, Sun

The London Metal Exchange (LME) three-month copper price has been oscillating in a $7,800-8,870 per metric ton range since May as old and new price drivers compete. The gyration in net positioning is partly a reflection of copper's own choppy range-trading with many black box funds configured to react to changes in directional momentum. Money managers have lifted outright short positions on CME copper to 69,707 contracts, the largest collective bear bet on lower prices since early 2020. The net short position of 18,127 contracts is a sign the bears are in the ascendancy. The key takeaway from speculative positioning on both U.S. and London markets is that fund players are betting bigger on copper.

Persons: Ricardo Moreno, San Pedro de Barva, Juan Carlos Ulate, Long, Copper, David Evans Organizations: REUTERS, London Metal Exchange, CME, Zhongrong International, Co, Fund, Thomson, Reuters Locations: San Pedro, Costa Rica, China, Beijing, London, United States, Europe

☆ Vivek Ramaswamy wants to know how many 'federal agents' were on the planes that hit the Twin Towers: 'I want the truth about 9/11'
▼ + stars: | 2023-08-21 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Vivek Ramaswamy is again raising questions about what happened on September 11, 2001. The GOP contender says it's "legitimate" to ask "how many federal agents" were on the planes. He said the answer is "probably is zero for all I know" but insisted he wants the "truth about 9/11." Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "I think it is legitimate to say how many police, how many federal agents, were on the planes that hit the Twin Towers," he said.

Persons: Vivek Ramaswamy, it's, Ramaswamy, It's, —, he's, Donald Trump, Ron DeSantis Organizations: Service, GOP, World Trade Center, Pentagon, Republican, Florida Gov Locations: Wall, Silicon, Shanksville , Pennsylvania, Florida

☆ Amazon's 'Thursday Night Football' is winning over advertisers after a bumpy launch year, and a top exec says it will be 'aggressive' in pursuing more live sports
▼ + stars: | 2023-08-21 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

The tech giant is gearing up for a big 'Thursday Night Football' season with key matchups and new ad offerings. After hitting some snags with its inaugural NFL "Thursday Night Football" season on Prime Video last year, Amazon is bringing plenty of swagger to the field this year. Amazon is getting more TV ad dollars this year as the twin Hollywood strikes rage on, a top exec said. Amazon last year had also softened on its initial ask that advertisers buy the entire season's games and gave them the option to buy a portion of the games. Some advertisers were forgiving, though, given it was Amazon's first go at a live sports broadcast.

Persons: It's, Jay, Amazon's, We're, Al Michaels, Kaylee Hartung, NFL's, haven't, Kelly Metz, Marine, We'll, we'll Organizations: NFL, Football, Minnesota Vikings, Philadelphia Eagles, Toyota, Fox, ESPN, Amazon, Marine, Omnicom Media

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