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☆ Samsung sues Chinese rival over alleged patent violation on iPhone displays
▼ + stars: | 2023-07-03 | by ( Hyunjoo Jin | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +2 min

SAN FRANCISCO, July 3 (Reuters) - South Korea's Samsung Display has filed a lawsuit against BOE Technology (000725.SZ), accusing the Chinese rival of infringing five of its patents for displays used in mobile devices including Apple's (AAPL.O) iPhone 12. Samsung Display, a unit of Samsung Electronics (005930.KS), asked a federal jury in Texas to award damages for the infringement of patents regarding organic light emitting diode (OLED) displays supplied by BOE. Samsung also seeks an injunction from the court to halt the import and sale of the affected displays. Apple has been using OLED displays on some of its Apple Watch and iPhone models, including the latest iPhone 14. The OLED display market is dominated by Samsung Display, with BOE narrowing the gap, overtaking South Korea's LG Display (034220.KS) as the No.

Persons: BOE, Apple, OLED, Omdia, Choi Kwon, Hyunjoo Jin, Stephen Nellis, Matthew Lewis Organizations: FRANCISCO, Samsung, BOE Technology, Samsung Electronics, U.S, Apple, Apple Watch, South, LG, U.S . International Trade Commission, San, Thomson Locations: Texas, East Texas, South Korea, China, San Francisco

☆ Apple to ask US Supreme Court to undo App Store order in Epic Games case
▼ + stars: | 2023-07-03 | by ( Mike Scarcella | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +2 min

Circuit Court of Appeals that kept in place most of the order issued in 2021 by U.S. District Judge Yvonne Gonzalez Rogers. In appeals to the 9th Circuit, Epic challenged key parts of the judge's ruling that favored Apple, while Apple challenged the order concerning the App Store. On Friday, the 9th Circuit rejected petitions from Apple and Epic urging the court to revisit its April decision. Epic Games also can ask the Supreme Court to hear its appeal. Circuit Court of Appeals, No.

Persons: Apple, Yvonne Gonzalez Rogers, Rogers, Mike Scarcella, Leigh Jones, Will Dunham Organizations: Supreme, Epic, San, Circuit, U.S, Apple, Apple ., Apple Inc, Thomson Locations: U.S, San Francisco, California

☆ Disney accused in lawsuit of 'systematically' paying women less than men in California
▼ + stars: | 2023-07-01 | by ( Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | Zach Warren | ) www.reuters.com time to read: +2 min

[1/2] A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File PhotoJune 30 (Reuters) - Walt Disney (DIS.N) has been accused of systematically underpaying women in California in a lawsuit that alleges the company's female employees in the state earned $150 million less than their male counterparts over an eight year period. An analysis of Disney's human resource data from April 2015 through December 2022 has found female Disney employees were paid roughly 2% less than male counterparts, the filing said. Nine current or past Disney employees have joined the suit. Lower pay for women in California would breach the state's Equal Pay Act and the Fair Employment & Housing Act.

Persons: Brendan McDermid, Walt Disney, David Neumark, Shawna, Swanson, LaRonda Rasmussen, Lori Andrus, Dawn Chmielewski, Edwina Gibbs Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Disney, University of California Irvine, Housing, Thomson Locations: New York, U.S, California, Los Angeles

☆ LGBT rights yield to religious interests at US Supreme Court
▼ + stars: | 2023-07-01 | by ( John Kruzel | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +6 min

"We've seen a dramatic expansion of rights for conservative religious communities that has had a detrimental impact on equality rights, certainly for LGBTQ people," said Elizabeth Platt, director of the Law, Rights and Religion Project at Columbia Law School. Smith, who said she opposes gay marriage based on her Christian beliefs, was represented by the Alliance Defending Freedom, a conservative religious rights group. Still, the ruling illustrated a disparity in how the court views protections for LGBT people in contrast to the competing conservative Christian interests, Platt said. He stood out among conservatives in his espousal of sympathy both for conservative Christian causes and for what is sometimes called the "dignity interests" of marginalized groups including LGBT people. Barrett's addition gave it a 6-3 conservative margin and recalibrated how it weighed conservative Christian causes against the dignity interests of people protected by civil rights laws.

Persons: Read, Lorie Smith, Smith, Elizabeth Platt, Kristen Waggoner, Waggoner, Jack Phillips, Phillips, Platt, Anthony Kennedy, Brett Kavanaugh, Trump's, Neil Gorsuch, Friday's, Amy Coney Barrett, Kennedy, Kennedy's, Hodges, Obergefell, Barrett, Ruth Bader Ginsburg, Barrett's, Rachel Laser, John Kruzel, Will Dunham Organizations: U.S, Supreme, Law, Columbia Law School . Colorado, Alliance Defending, Defending, Colorado Civil Rights Commission, FOSTER CARE, Catholic Church, Philadelphia, Republican, Trump, Americans United, and State, Thomson Locations: WASHINGTON, Denver, Colorado, U.S, Fulton, City of Philadelphia, Obergefell

☆ US chicken producers ordered to face price-fixing claims
▼ + stars: | 2023-06-30 | by ( Jonathan Stempel | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +2 min

[1/2] Tyson Chicken Nuggets, owned by Tyson Foods, are seen for sale in Queens, New York, U.S., November 16, 2021. Restaurants, supermarkets, distributors and consumers have accused chicken producers of having conspired starting in 2008 to inflate prices, through tactics such as restricting production and sharing nonpublic data about supply and demand. But the judge also narrowed the case to cover alleged "anomalous decreases in broiler production" in 2008-2009 and 2011-2012. Pilgrim's Pride, Sanderson and Tyson did not immediately respond to requests for comment after market hours. The case is In re Broiler Chicken Antitrust Litigation, U.S. District Court, Northern District of Illinois, No.

Persons: Tyson, Andrew Kelly, Pilgrim's, Sanderson, District Judge Thomas Durkin, Durkin, Perdue, Brazil's, Jonathan Stempel, Edwina Gibbs Organizations: Nuggets, Tyson Foods, REUTERS, District, Georgia Dock, Agri Stats, Brazil's JBS SA, Antitrust Litigation, Court, Northern District of, Thomson Locations: Queens , New York, U.S, Chicago, Northern District, Northern District of Illinois, New York

The Alberta Industrial Heartland, a not-for-profit organization consisting of five Alberta municipalities, and the Hong Kong-based private equity firm Can-China Global Resource Fund (CCGRF) had announced their partnership in 2016 to encourage investments across North America. "This partnership no longer exists," Karlee Conway Director Communications of the Alberta Industrial Heartland said in an email response to Reuters. The lead investor of the fund was China's Export-Import Bank, Vancouver-based mining firm Hunter Dickinson and Swiss commodity trader Mercuria. While all three were released in 2021, the relationship between China and Canada has not returned to normal. The oil-rich province of Alberta exported C$4.5 billion worth of goods to China in 2020, making it the Canadian province's second-biggest export market.

Persons: Karlee, Hunter Dickinson, Lynette Ong, FROSTY, Meng Wanzhou, Divya Rajagopal, Xie Yu, Denny Thomas, Nick Zieminski Organizations: Reuters, The, The Alberta Industrial Heartland, China Global Resource Fund, Karlee Conway, Communications, Alberta Industrial Heartland, China's, Import Bank, MEC Advisory Ltd, EXIM Bank, Science, University of Toronto, CQ Energy, Ottawa, Huawei, Canadian, Exim Bank, Asian Infrastructure Investment Bank, Chinese Communist Party, Thomson Locations: TORONTO, HONG KONG, Alberta, The Alberta, Hong Kong, China, North America, Vancouver, Swiss, Canada, Ottawa, Calgary, Beijing, United States

[1/2] A Fox News channel sign is seen on a television vehicle outside the News Corporation building in New York City, in New York, U.S. November 8, 2017. The deal follows Fox's April 18 agreement to pay Dominion $787.5 million to settle the voting-technology company's defamation suit in Delaware. In firing her, Fox said her legal claims were "riddled with false allegations against Fox and our employees." She had also sought unspecified damages in a similar lawsuit in Delaware Superior Court, which she dismissed in May. The program on which Grossberg worked, "Tucker Carlson Tonight," was the top-rated prime-time U.S. cable TV news show.

Persons: Shannon Stapleton, Abby Grossberg, Tanvir Rahman, Tucker Carlson, Dominion, Grossberg, Carlson, “, ” Grossberg, Fox, ” Dominion, Gretchen Whitmer, Tudor Dixon, octogenarian, Nancy Pelosi, Maria Bartiromo, Kevin McCarthy, Helen Coster, Doina Chiacu, Leslie Adler Organizations: Fox, News Corporation, REUTERS, Fox Corp, Fox News, Voting, Dominion, Delaware Superior Court, Democratic, Republican, U.S ., Thomson Locations: New York City, New York, U.S, Delaware, Manhattan, Delaware Superior, Grossberg's Manhattan

☆ BNSF Railway wins new trial over $228 million jury award in biometric data case
▼ + stars: | 2023-06-30 | by ( Mike Scarcella | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +3 min

But Kennelly said damages under the biometric law were discretionary, and so "BNSF is entitled to have a jury determine the appropriate amount of damages." The trial was the first to be held under the Illinois biometric privacy law, which is among the most stringent nationwide in protecting sensitive personal information. The jury in Chicago last year concluded BNSF "recklessly or intentionally" violated the Illinois biometric privacy law 45,600 times. Lawyers for BNSF said in a post-trial brief that the Illinois biometric law contains the word "may" and that "there is the option not to award damages, or to award damages in any amount less than the statutory maximum." The case is Rogers v. BNSF Railway Company, U.S. District Court, Northern District of Illinois, No.

Persons: Berkshire Hathaway, Matthew Kennelly, Kennelly, Warren Buffett's Berkshire Hathaway, Jon Loevy, Myles McGuire, David Gerbie, Elizabeth Herrington, Lewis, Bockius Read, Mike Scarcella, Leigh Jones, Matthew Lewis Organizations: Law, BNSF, Berkshire, BNSF Railway, District, Facebook, Rogers, . BNSF Railway Company, Court, Northern District of, McGuire Law, Thomson, & $ Locations: U.S, Illinois, Fort Worth , Texas, Chicago, Northern District, Northern District of Illinois, Morgan

☆ U.S. Supreme Court won't weigh gender dysphoria's status under disability law
▼ + stars: | 2023-06-30 | by ( John Kruzel | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +4 min

WASHINGTON, June 30 (Reuters) - The U.S. Supreme Court on Friday turned away a dispute involving a transgender woman whose former jailers housed her with men and delayed her hormone treatment in a case that asked whether gender dysphoria is a disability under federal law. At issue was whether gender dysphoria, a condition involving distress resulting from a discrepancy between a person's gender identity and their assigned sex at birth, qualifies as a disability under a landmark 1990 federal law called the Americans with Disabilities Act (ADA). The jail classified Williams as male because she "maintains the male genitalia with which she was born," according to 2021 court records. Circuit Court of Appeals reversed the judge's ruling, finding that gender dysphoria is protected under the ADA. Reporting by Andrew Chung in New York; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: Kesha Williams, Samuel Alito, Clarence Thomas, Williams, Sheriff Stacey Kincaid, Jesse Helms, Andrew Chung, Will Dunham Organizations: U.S, Supreme, Disabilities, Conservative, Adult, Republican, Circuit, ADA, Lawyers, Virginia, Thomson Locations: Fairfax County , Virginia, Fairfax, U.S, North Carolina, Maryland, Virginia, Richmond , Virginia, West Virginia, New York

☆ US Supreme Court sidesteps 'acquitted conduct' cases for now
▼ + stars: | 2023-06-30 | by ( John Kruzel | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +3 min

The justices turned away appeals in cases that would have given them an opportunity to prohibit the consideration of "acquitted conduct" in sentencing decisions in criminal cases. Sentencing Commission, a bipartisan panel responsible for crafting U.S. criminal sentencing policy, before addressing the issue. The commission in January proposed amending federal sentencing guidelines to prohibit judges from considering a defendant's acquitted conduct with only narrow exceptions. Numerous criminal defendants have asked the justices to revisit a 1997 Supreme Court ruling that said a jury's verdict of acquittal does not prevent a sentencing judge from considering conduct underlying an acquitted charge. Some current and former Supreme Court justices have questioned whether judges should be permitted to extend a defendant's prison sentence based on acquitted conduct.

Persons: Sonia Sotomayor, Brett Kavanaugh, Neil Gorsuch, Amy Coney Barrett, John Kruzel, Nate Raymond, Will Dunham Organizations: U.S, Supreme, U.S . Sentencing, U.S . Justice Department, Liberal, Constitution's, National Association of Criminal Defense, Thomson Locations: Boston

☆ US Supreme Court's liberals warn of LGBT ruling's ripple effects
▼ + stars: | 2023-06-30 | by ( Andrew Chung | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +5 min

June 30 (Reuters) - The U.S. Supreme Court's conservative-majority ruling letting certain businesses refuse to provide services for same-sex marriages could impact an array of customers beyond LGBT people, according to the court's liberal justices. Smith said, for instance, she would happily serve an LGBT customer who wants graphics for an animal shelter. Critics said that distinction between message and status was not so clear-cut and could quickly veer into targeting people instead. The ruling takes LGBT rights backwards, Sotomayor wrote. The ruling's rationale cannot be limited to discrimination based on sexual orientation or gender identity and could exclude other groups from many services, Sotomayor said.

Persons: Lorie Smith, Neil Gorsuch, Gorsuch, Colorado's, Smith, Critics, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Sotomayor, Jim Bourg Sotomayor, Phil Weiser, of Jesus Christ, Weiser, Lambda, Jennifer Pizer, Amanda Shanor, Shanor, Andrew Chung, Will Dunham Organizations: U.S, Supreme, REUTERS, of Jesus, Lambda Legal, University of Pennsylvania's Wharton School, Thomson Locations: Denver, Colorado, Washington , U.S

☆ US Supreme Court to weigh legality of domestic-violence gun curbs
▼ + stars: | 2023-06-30 | by ( John Kruzel | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +4 min

The case involves a Texas man charged with illegal gun possession while subject to a domestic violence restraining order after assaulting his girlfriend. The 1994 law at issue in the current case prohibited a person subject to a domestic violence restraining order from possessing a firearm. Circuit Court of Appeals in February declaring the law unconstitutional in a ruling that applied to Texas, Louisiana and Mississippi. Solicitor General Elizabeth Prelogar told the Supreme Court on behalf of Biden's administration that the 5th Circuit's ruling was "profoundly mistaken." Twenty-three states, mostly Democratic-led, urged the Supreme Court to hear the dispute, as did groups advocating for the prevention of gun violence and domestic abuse.

Persons: Joe Biden's, Zackey, Rahimi, Elizabeth Prelogar, Prelogar, John Kruzel, Will Dunham Organizations: U.S, Supreme, New York, New, Circuit, Appeals, Democratic, Thomson Locations: Texas, United States, New York, Kennedale, Arlington , Texas, New Orleans, Texas , Louisiana, Mississippi

The liberal justices, including Biden's appointee Ketanji Brown Jackson, found themselves in the role of the dissenting minority in some of the nine-month term's biggest cases. The conservative justices invoked the "major questions" doctrine, a muscular judicial approach that gives judges broad discretion to invalidate executive agency actions of "vast economic and political significance" unless Congress clearly authorized them. In those cases, the conservative justices were unified in the majority and the liberal justices dissented. In that case, the liberal justices were joined by one conservative justice, Trump appointee Brett Kavanaugh, in dissenting on the new test. The justices on Friday agreed to decide whether a 1994 federal law that bars people under domestic violence restraining orders from possessing firearms violates the Constitution's Second Amendment.

Persons: Amy Coney Barrett, Neil M, Gorsuch, Brett M, Kavanaugh, Ketanji Brown Jackson, Sonia Sotomayor, Clarence Thomas, John G, Roberts, Jr, Samuel A, Alito, Elena Kagan, Read, Joe Biden's, Donald Trump's, Erwin Chemerinsky, Trump's, Chemerinsky, Trump, Brett Kavanaugh, Ruth Bader Ginsburg, Roe, Wade, Jackson, Justice Jackson, Adam Feldman, Biden's, John Kruzel, Andrew Chung, Will Dunham Organizations: Supreme, U.S, Republican, Harvard University, University of North, University of California Berkeley Law School, U.S . Environmental, Alabama, Senate, Consumer, Thomson Locations: Washington , U.S, WASHINGTON, University of North Carolina, U.S, Texas

☆ Factbox: A look at the US Supreme Court's major rulings this year
▼ + stars: | 2023-06-30 | by ( Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | Zach Warren | ) www.reuters.com time to read: +7 min

Here is a look at some of the rulings issued by the court this term. STUDENT LOANSThe justices on June 30 blocked President Joe Biden's plan to cancel $430 billion in student loan debt. The court elected not to further roll back protections contained in the Voting Rights Act as it had done in two major rulings in the past decade. The ruling against Republican state legislators stemmed from a legal fight over their map of North Carolina's 14 U.S. House districts. The court ruled that state prosecutors had not shown that he was aware of the "threatening nature" of his statements.

Persons: Kevin Lamarque, Constitution's, Joe Biden's, Donald Trump, Biden, Joseph Percoco, Andrew Cuomo, Louis Ciminelli, John Kruzel, Andrew Chung, Will Dunham Organizations: U.S, Supreme, REUTERS, Harvard University, University of North, Harvard, UNC, Black, Republican, U.S . House, U.S . Environmental Protection Agency, EPA, Biden, Democratic, Postal Service, New, Thomson Locations: Washington , U.S, University of North Carolina, Alabama, U.S, Idaho, Texas, Louisiana, Washington, Colorado

The court, in a 4-1 decision, found that the Indiana constitution does not include a broad right to abortion, allowing Indiana to join 14 other Republican-led states in enforcing abortion bans. Indiana's General Assembly last August passed the first new law state law banning abortion after the U.S. Supreme Court in June overturned Roe v. Wade, the landmark 1973 ruling that had established a right to abortion nationwide. The law prohibits all abortion with exceptions for rape, incest, lethal fetal abnormalities and to save the mother's life or prevent serious health risk. Planned Parenthood argued in its lawsuit that the law violated the right liberty guaranteed by the state constitution. But Justice Derek Molter, writing for the majority on Friday, said the framers of the state constitution "left the General Assembly with legislative discretion to regulate or limit abortion."

Persons: General Todd Rokita, we'll, Roe, Wade, Derek Molter, Molter, Christopher Goff, Brendan Pierson, Grant McCool Organizations: Indiana Supreme, Planned, Republican, Hoosiers, U.S, Supreme, General, Thomson Locations: Indiana, New York

☆ US Supreme Court won't scrutinize Mississippi curb on voting by felons
▼ + stars: | 2023-06-30 | by ( John Kruzel | Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | ) www.reuters.com time to read: +4 min

The state's felon disenfranchisement policy has been shown to have a disproportionate impact on Black Mississippians, nearly 29,000 of whom were disenfranchised between 1994 and 2017, according to court filings. Black Mississippians account for 36% of the state's voting age population but 59% of those who have been disfranchised for life due to a felony conviction. The 1890 version had removed crimes thought to be "white crimes" and added those thought to be "Black crimes," with the aim of discriminating against Black voters, according to court records. Eight crimes listed in the 1890 version of the provision - bribery, theft, arson, obtaining money or goods under false pretense, perjury, forgery, embezzlement and bigamy - remain as disqualifying offenses today. A key question in the case was whether the process of amending Mississippi's felon disenfranchisement provision purged the discriminatory intent behind the 1890 version and brought the law into compliance constitutional race-based voter protections.

Persons: Roy Harness, Kamal Karriem, Constitution's, Harness, Karriem, John Kruzel, Will Dunham Organizations: U.S, Supreme, Black, Constitution, Harness, The, Circuit, Thomson Locations: Civil, Mississippi, U.S, The New Orleans

TORONTO/HONG KONG, June 29 (Reuters) - The Alberta government has ended a partnership with a Chinese private equity fund that targeted $10 billion to invest in the natural resources sector, a spokesperson for the Alberta entity told Reuters. The Alberta Industrial Heartland, a not for profit organization of the province of Alberta, and the Hong Kong-based private equity firm Can-China Global Resource Fund (CCGRF) had announced their partnership in 2016 to encourage investments across North America. "This partnership no longer exists," Karlee Conway Director Communications of the Alberta Industrial Heartland in an email response to Reuters. The lead investor of the fund was China's Export-Import Bank, Vancouver-based mining firm Hunter Dickinson and Swiss commodity trader Mercuria. This month, Canada froze ties with the China-led Asian Infrastructure Investment Bank (AIIB) as it launched a probe into allegations that the institution was dominated by the Chinese Communist Party.

Persons: Karlee, Hunter Dickinson, Meng Wanzhou, Divya Rajagopal, Xie Yu, Denny Thomas, Nick Zieminski Organizations: Reuters, The, The Alberta Industrial Heartland, China Global Resource Fund, Karlee Conway, Communications, Alberta Industrial Heartland, China's, Import Bank, MEC Advisory Ltd, EXIM Bank, CQ Energy, Ottawa, Huawei, Canadian, Exim Bank, Asian Infrastructure Investment Bank, Chinese Communist Party, Thomson Locations: TORONTO, HONG KONG, Alberta, The Alberta, Hong Kong, China, North America, Vancouver, Swiss, Canada, Calgary, Beijing, United States

☆ Your 401(k) plan may be worsening climate change, expert says
▼ + stars: | 2023-06-28 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Increasingly, employees are automatically enrolled in their 401(k) plan without weighing in on their investments. watch nowMeanwhile, some employers may be worried that their workers won't get high enough profits from ESG funds, Dyer said. A Trump administration-era rule discouraged retirement plan sponsors from offering ESG funds, experts say. How to examine your ESG 401(k) optionsIf you're in the small pool of employees who do have access to an ESG fund in your retirement plan, your research may end there. Employers have a fiduciary duty to administer retirement plans in the best interest of plan participants.

Persons: Dyer, Morgan Stanley, Trump, Joe Biden, Biden, Bradford Campbell, Campbell, Behar, Andrew Behar, Sow Organizations: CFA Institute, CFA, Department of Labor, House Republicans, Employers Locations: ESG, Texas, GreenFin

☆ Morgan Stanley adds this beat-down energy stock to its list of best up-and-coming ESG plays
▼ + stars: | 2023-06-27 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

It's also growing capacity for renewable energy three-fold through 2027, giving it one of the largest renewable pipelines in the world. Byrd pointed to the company's leadership in new technology, including energy storage and carbon-free electricity. The energy stock has tumbled more than 28% this year after sidestepping 2022's bear market and finishing the year more than 18% higher. AES YTD mountain AES, year to date The other stocks in his top ideas list for the Americas — Deere , Eastman Chemical , New Fortress Energy and Nu Holdings — remained. AI and real-time sensing could help improve decision making around food distribution and waste, Byrd said.

Persons: Morgan Stanley, Stephen Byrd, It's, Byrd, Nu Holdings —, Deere, That's, Nu, — CNBC's Michael Bloom Organizations: AES, Americas, Deere, Eastman Chemical, New Fortress Energy, Nu Holdings Locations: Brazil

☆ BlackRock's Fink says he's stopped using 'weaponised' term ESG
▼ + stars: | 2023-06-26 | by ( Isla Binnie | ) www.reuters.com time to read: +2 min

June 26 (Reuters) - BlackRock (BLK.N) boss Larry Fink, at the forefront of the business world's adoption of environmental, social and corporate governance (ESG) standards, has stopped using the term, saying it has become too politicized. But the world's largest asset manager hasn't changed its stance on ESG issues, Fink told the Aspen Ideas Festival on Sunday. Republican politicians have attacked ESG as a way for the corporate world to implement what they argue is a politically liberal agenda, triggering a backlash from Democrats who are seeking to defend it. "I don't use the word ESG any more, because it's been entirely weaponised ... by the far left and weaponised by the far right," Fink said. "We had ... one of the best years ever, but I'm ashamed of being part of this conversation," said Fink, adding that his annual letters to investors that addressed ESG issues were never meant to be political statements.

Persons: Larry Fink, hasn't, Fink, it's, " Fink, Isla Binnie, Ross Kerber, Mark Potter Organizations: Aspen Ideas, Republican, United, BlackRock, Aspen, Thomson Locations: BlackRock, United States, United Nations, Texas, decarbonization

☆ How 5 private-credit players, from Apollo to Carlyle, are investing in sports, media, and entertainment as content costs soar and a writers' strike paralyzes Hollywood
▼ + stars: | 2023-06-26 | by ( Reed Alexander | Rebecca Ungarino | ) www.businessinsider.com time to read: +4 min

Asset managers big and small, from Carlyle and Apollo to Serengeti and Shamrock, are pushing into the space. The entertainment industry's love affair with private credit is one of the hottest storylines in Hollywood right now. Credit lenders are saying "lights, camera, action" to the idea of deploying dollars into movies, TV, and live sports. Insider previously reported that analysts were warning of the risks that could mount across private credit as rates rise. Insider gathered details on asset managers' lending strategies in Hollywood, media, and sports.

Persons: Carlyle, Christopher Marinac, Janney Montgomery Scott, Blackstone, Moody's, Marinac, JPMorgan Chase Organizations: Bank of America, Citigroup, JPMorgan Locations: Shamrock, Hollywood, Republic

☆ Here's an unusual derivative play off the A.I. boom
▼ + stars: | 2023-06-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

One liquid cooling stock could be an unexpected beneficiary of the artificial intelligence boom as datacenters power stronger workloads, according to RBC Capital Markets. Liquid cooling demand could add one percentage point of annual growth for the company over the next five years, according to RBC. "Rising electricity prices, cost-effectiveness, space optimization through higher densities, AI growth, and ESG considerations are among the key market drivers," Dray said. "As the digital landscape continues to evolve, liquid cooling is poised to play a pivotal role in meeting the escalating cooling demand of modern datacenters." He also highlighted Dover , Eaton and Wesco as names with exposure to liquid cooling.

Persons: Deane Dray, Dray, CNBC's Michael Bloom Organizations: RBC Capital Markets, RBC, datacenters, Digital Realty Trust Locations: Pentair, Dover, Eaton

Robinhood vs. Coinbase: The Biggest DifferencesRobinhood Investing and Coinbase are both popular online investment platforms offering a vast range of investment choices for active traders. Robinhood Account FeaturesRobinhood's virtual library provides a variety of financial research on investing, options trading, and more. Coinbase Account FeaturesThe Basic Coinbase account offers things like trading, crypto rewards, interest rewards, digital storage, and mobile access. Compared to Coinbase, Robinhood is the better option for investors who want to merge traditional investments, such as stocks and ETFs, with more digital assets like cryptocurrencies. Although Robinhood has a significantly more limited crypto selection than Coinbase, Robinhood offers a large variety of investment options.

Persons: Robinhood, Roth, Coinbase Coinbase, Roth IRAs, Coinbase, There's, Louis Oberlander, Henry Rodriguez, Christopher Underwood Organizations: Robinhood, Chevron, Reading Chevron, Coinbase, Trade, Pro, Morningstar, Nasdaq, Better, Bureau, BBB, Gamestop, SEC, Advanced Trade, Inc, New York State Department of Financial Services, New, DFS Locations: cryptocurrencies, New York, Robinhood

☆ The problem with ESG funds—and how to make a 'real impact' with your money: Financial expert
▼ + stars: | 2023-06-22 | by ( Ari Weisbard | ) www.cnbc.com time to read: +1 min

There are many ways for everyday investors to make a real impact on issues like climate change, gun violence, and racial and economic justice. You might have heard of Environmental, Social and Governance (ESG) funds, which are designed to remove companies that create harmful products and services from your stock portfolio. Unfortunately, they aren't always the most effective way to make an impact with your investments. The problem with ESG fundsMany people don't love the idea of financially benefiting from companies whose goals, policies, or methods they strongly disagree with. So ESG funds don't create the same motivation as boycotts for businesses to change.

Persons: you've Organizations: Social

☆ BlackRock applied to launch a bitcoin fund. Then came the conspiracy theories.
▼ + stars: | 2023-06-21 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Crypto influencers seized on BlackRock's application to launch a bitcoin exchange-traded fund. Some said it sends a bullish sign to the wider crypto market; others spread conspiracy theories. The attention underscores the relatively new scrutiny BlackRock faces in the mainstream. "So BlackRock, Citadel, Deutsche Bank and NASDAQ have all started to enter the crypto space in the last week. Citadel, BlackRock, Schwab JPMorgan…" (These tweets refer to Citadel, the hedge fund founded and led by billionaire Ken Griffin.

Persons: Crypto influencers, BlackRock, Matt Hougan, Michael Novogratz, Brian Armstrong, Morgan Chittum, permissioned blockchains, Fink, bitcoin, Crypto, They've, Schwab JPMorgan …, Ken Griffin, Griffin, That's, Rich Latour, Latour Organizations: BlackRock, Morning, US Securities and Exchange Commission, Coinbase, Bitwise Asset Management, Galaxy Digital, SEC, Citadel, Deutsche Bank, NASDAQ, Citadel Securities Locations: bitcoin, BlackRock, cryptoland

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