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☆ Warner Music to cut 600 jobs, or 10% of staff
▼ + stars: | 2024-02-07 | by ( Laya Neelakandan | ) www.cnbc.com time to read: 1 min

Warner Music is laying off 600 employees, or about 10% of its workforce, according to a Wednesday filing. The company said the layoffs are part of a broader restructuring plan aimed at saving costs to invest in more music and "accelerate the company's growth for the next decade." The layoffs are expected to save the company $200 million by the end of fiscal 2025. The majority of the savings will be allocated toward increasing investment in Warner Music's core music units and new technologies. The company expects to complete its $85 million in severance payments by the end of 2026.

Organizations: Warner Music, Warner, CNBC PRO

BANGKOK (AP) — Shares were mixed Tuesday in Asia, where Chinese stocks surged after a government investment fund said it would step up stock purchases and a report said leader Xi Jinping was set to meet with officials to discuss the markets. The fund periodically steps up buying of shares in big state-owned banks and other companies to counter heavy selling pressure in the Chinese markets. On Monday, benchmarks in Shanghai and the smaller market in Shenzhen bounced between small gains and big losses, while share prices of state-run banks and other big companies rose. The Fed has yanked the federal funds rate to its highest level since 2001 to bring down high inflation. But there's also an upside for stocks from the U.S. economy's blasting through worries about a possible recession.

Persons: Xi Jinping, Xi, Hong, Seng, Australia's, India's, Jerome Powell, there's Organizations: Bloomberg, CSI, Central Huijin Investment, Nikkei, Dow Jones, Nasdaq, Federal Reserve, Institute for Supply, New York Mercantile Exchange, Brent Locations: BANGKOK, Asia, Shanghai, Shenzhen, South Korea, Bangkok

☆ Why Eva Longoria is ‘addicted’ to padel
▼ + stars: | 2024-02-06 | by ( Amanda Davies | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —At first glance, padel might seem like an unusual investment for a Hollywood star like Eva Longoria. ElevenEleven Team USA, a team owned by Longoria, was participating at the event. Unlike tennis, padel is generally played in a doubles format, although the same scoring system is used in both sports. Some of the world's best padel players competed at the Hexagon Cup in Madrid. “The ownership team behind Angel City was born of that gender parity in pay,” Longoria recalled.

Persons: Eva Longoria, Andy Murray, Rafael Nadal, Robert Lewandowski, Longoria, – padel, ”, Amanda Davies, ” Longoria, Guillermo Gutierrez Carrascal, Gabrielle Solis, Oscar, Natalie Portman, Angel City, “ Natalie Portman, doesn’t, “ We’re Organizations: CNN, ElevenEleven, USA, Angel City FC, Liga MX, Club Necaxa, Angel Locations: Madrid, Mexico, padel, pickleball, Los Angeles, Angel

☆ Gen Z is turning to influencers for financial advice. A new report dives into 4 main reasons creators are impacting investment decisions.
▼ + stars: | 2024-02-05 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

Financial influencers are also benefiting from the rising consumer demand for longer-form online content . Distrust in traditional financial institutions is driving Gen Z to more 'relatable' advisorsMost participants reported being skeptical of traditional banks and personal finance advisors. Preece said the rebound of long-form content suits the needs of financial influencers because they can take 10 minutes to explain a concept instead of 30 seconds. "There's more time for an audience to really digest the information and reflect on it, because most financial topics are complex," he said. Gen Zers also said they loved that the financial tips on YouTube, TikTok, and Instagram were free.

Persons: —, Gen Zers, Rhodri Preece, Zers, there's, Preece, Reece Organizations: Service, CFA Institute's Research, Policy, CFA Institute, YouTube, Business Locations: France, Germany, Netherlands

☆ We hiked our Nvidia price target — encouraged by new highs after Goldman Sachs' bear case takedown
▼ + stars: | 2024-02-05 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

The new Goldman price target — which implies nearly 15.5% upside from Monday's — isn't even the highest on the Street. We're also raising our Club price target on Nvidia to $750 from $600. One of the lowest Nvidia price targets belongs to DA Davidson at $410 per share. NVDA 1Y mountain Nvidia's stock performance over the past 12 months. Nvidia's plan to release a new AI chip each year also adds to the sustainability of data center growth, the analysts argued.

Persons: Goldman Sachs, optimists —, — isn't, We're, Goldman, DA Davidson, Jim Cramer, TSMC, Jim Cramer's, Jim, Jensen Huang, Patrick T Organizations: Nvidia, Goldman, . Rosenblatt Securities, Microsoft, Amazon, Club, Apple, Taiwan Semiconductor Manufacturing Company, Devices, AMD, U.S, CNBC, Mobile, Fallon, Bloomberg, Getty Locations: China, American, Los Angeles

☆ Early retiree who earned $380,000 in passive income last year: Your 'best option' for making money while you sleep
▼ + stars: | 2024-02-05 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Sam Dogen is the author of "Buy This, Not That"Sam Dogen knows a thing or two about passive income. By reinvesting his passive income along with money he made through his website and book sales, Dogen was able to boost the family's income over the years as well. In 2023, Dogen's passive income portfolio, which includes stock, bond and real estate investments, among others, generated about $380,000. According to Dogen, the best way to begin earning passive income is through your brokerage account. "If you want passive income right now, I think the best option is Treasury bonds at 5%," he says.

Persons: Sam Dogen, Dogen, Stocks Organizations: U.S ., Treasury Locations: San Francisco

☆ Activist Bluebell believes BP is 50% undervalued compared to peers
▼ + stars: | 2024-02-03 | by ( Kenneth Squire | ) www.cnbc.com time to read: +11 min

The company's segments include gas & low-carbon energy, oil production & operations and customers & products. Its gas business includes upstream activities that produce natural gas, integrated gas and power, and gas trading. Its oil production & operations segment comprises upstream activities that produce crude oil, including Bpx Energy. As of Bluebell's October 4, 2023, letter to BP, BP traded on a price-earnings ratio of 6.7 times, a 44% discount to Chevron and ExxonMobil, which on average traded at 12 times. To make it even clearer how the market views BP's strategy, on February 7, 2023, when BP announced its partial retracement from this strategy, BP's share price rose 8% on the day and 17% on the week.

Persons: Giuseppe Bivona, Marco Taricco, Bivona, –, Helge Lund, Bluebell, BP's, Bernard Looney, Shell, Looney's, Looney, Pamela Daley, Solvay, Glencore, Ken Squire Organizations: BP Bunge, Bpx Energy, Castrol, Bluebell Capital Partners, Bluebell Partners, BP, ExxonMobil, Chevron, Bluebell, International Energy Agency, EV, Exxon, Shell, Mr, Renewables, Power, BP's Board, BlackRock, 13D Locations: bioenergy, Europe, Bluebell, Paris, Bioenergy, United States, U.S

☆ Facebook is still thriving 20 years later. Here’s how
▼ + stars: | 2024-02-03 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +8 min

Twenty years after its launch, social media giant Facebook continues to show unprecedented staying power after burying early competitors like MySpace and Friendster and establishing a distinct foothold in the burgeoning social media landscape. Daniel Acker/Bloomberg/Getty ImagesStrong social connection was the linchpin of Facebook, differentiating it from other primordial social media sites. MySpace’s monthly active users had trickled down to an estimated 35 million in mid-2011, according to a Comscore report at the time. In contrast, by September of that year, Facebook was seeing almost 800 million monthly active users. In April 2012, the company acquired photo-centric social media platform Instagram for about $1 billion.

Persons: Harvard University undergrad, Mark Zuckerberg, “, ”, Pablo Boczkowski, alums, ” Zuckerberg, Daniel Acker, Justin Timberlake, Friendster’s, Friendster, Boczkowski, Meta’s, ” Boczkowski, WhatsApp, Meta Organizations: New, New York CNN, Harvard University, Facebook, Communication Studies, Northwestern University, Harvard, New York Times, Bloomberg, Getty, MySpace, Swiss Federal Institute of Technology, Google, Meta, Inc, “, TikTok, Twitter Locations: New York, Zurich, India, Brazil, Argentina, Italy

☆ Shaquille O’Neal says this advice from Jeff Bezos got him to invest in a $29 million education startup backed by Sam Altman
▼ + stars: | 2024-02-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When you're considering investment advice, taking a tip from one of the world's wealthiest people is probably a good place to start. That's why Shaquille O'Neal says he turned to Amazon founder Jeff Bezos for inspiration before deciding to invest in Campus, the online community college startup that's already raised more than $29 million from investors like OpenAI CEO Sam Altman and Discord founder Jason Citron. "I heard Jeff Bezos say, if you invest in things that's going to change people's lives, you'll always get a great return on your investment," O'Neal said. And, O'Neal has long touted Bezos' advice to seek out investment opportunities that he truly believes can "change people's lives." "If something comes across my desk and I don't believe in it, I don't even look at it," O'Neal told The Wall Street Journal in 2019.

Persons: Shaquille O'Neal, Jeff Bezos, Sam Altman, Jason Citron, O'Neal, Fortune, he'd, you'll, Tade Oyerinde, Oyerinde, It's, Bezos, Matt Isbhia, Papa John's, Auntie Anne's, it's Organizations: Amazon, Princeton, Vanderbilt, Spelman College, of Famer, Phoenix Suns, Bezos, Wall Street, Google

☆ ESR-Logos REIT CEO on increasing investment in Japan and expanding cold storage logistics
▼ + stars: | 2024-02-02 | 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 EmailESR-Logos REIT CEO on increasing investment in Japan and expanding cold storage logisticsAdrian Chui, CEO of Singapore-listed industrial REIT ESR-Logos REIT shares growth strategy after its quarterly financial results.

Persons: Adrian Chui Locations: Japan, Singapore

Photos You Should See View All 45 ImagesThe sluggish property market also has dented local government revenue from vital land use sales, adding to public debt. The central bank and State Administration of Financial Supervision issued a list of 17 measures to support the rental housing market, due to take effect on Monday. Most have to do with financial services for leasing, promoting investment in rental housing and improving the financial management of rental properties. The aim is to “support various entities to build, renovate and operate long-term rental housing, and to revitalize existing housing stock, effectively increasing the supply of affordable and commercial rental housing,” it said. Beefing up the rental market would help free up more housing for young people and others who lack the means to purchase apartments.

Persons: China Evergrande, Wang Dongwei, ” Organizations: —, Communist Party, Finance Ministry, Administration, Financial, Housing Locations: BANGKOK, — China, Beijing, Hong Kong, China, China's Guangdong

☆ Tech execs are telling investors they have to spend money to make money on AI
▼ + stars: | 2024-02-02 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

One theme investors heard repeatedly from top execs is that, when it comes to AI, they have to spend money to make money. Last year marked the beginning of the generative AI boom, as companies raced to embed increasingly sophisticated chatbots and assistants across key products. One key priority area, based on the latest earnings calls, is AI models-as-a-service, or large AI models that clients can use and customize according to their needs. Alphabet executives highlighted Vertex AI, a Google product that offers more than 130 generative AI models for use by developers and enterprise clients such as Samsung and Shutterstock. Alphabet executives touted Google's Duet AI, or "packaged AI agents" for Google Workspace and Google Cloud, designed to boost productivity and complete simple tasks.

Persons: Sundar Pichai, Mandel Ngan, Satya Nadella, Mark Zuckerberg, Josh Edelson, Zuckerberg, Nadella, Amy Hood, Pichai, You've, durably, Ruth Porat, Andy Jassy, Jassy, Tim Cook, Cook, Thos Robinson, Microsoft's, Rufus, Bard Organizations: Artificial Intelligence, AFP, Getty, Microsoft, Apple, Nvidia, Meta, Google, Amazon, New York Times, Samsung, GE, Spotify, Pfizer Locations: Washington ,, Menlo Park , California, LLMs, New York City

A run of big draft hits in previous years, two trades for All-Pros and perhaps the greatest get out of jail free card in draft history. He's done all that while getting a salary of $870,000 this season, allowing San Francisco to spend big at other spots. San Francisco also invested heavily in McCaffrey and have the highest-paid fullback in the league in All-Pro Kyle Juszczyk. San Francisco added to the position by dealing a third-round pick at the trade deadline for a former No. San Francisco used a fourth-round pick on punter Mitch Wishnowsky in 2019.

Persons: Trey Lance, Lance, couldn't, Brock Purdy, “ It’s, Trent Williams, Kyle Shanahan, John Lynch, Jed York, “ Kyle, ” York, George Kittle, Fred Warner, Nick Bosa, Deebo Samuel, Talanoa Hufanga —, Williams, Christian McCaffrey, Shanahan, ” Lynch, “, it’s, Samuel, Brandon Aiyuk, Francisco, McCaffrey, Kyle Juszczyk, Purdy, Aaron Banks, Colton McKivitz, Jake Brendel, Jon Feliciano, Lynch, Arik Armstead —, Javon Hargrave, San, Chase Young, Dre Greenlaw, Charvarius Ward, Ward, Robbie Gould, Jake Moody, Moody, Mitch Wishnowsky, ___ Organizations: San Francisco 49ers, 49ers, San Francisco, NFC, Kansas City Chiefs, Niners, NFL, Shanahan, Warner, Chiefs Locations: SANTA CLARA, Calif, San Francisco, Purdy, Washington, Francisco, Cleveland

☆ Big Tech's AI spending plans mean big business for 3 portfolio stocks, including Nvidia
▼ + stars: | 2024-02-02 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

Some of Amazon's spending is likely to go toward its custom AI chips, known as Trainium and Inferentia. But the Seattle-based tech giant also buys Nvidia chips. On Thursday's post-earnings call, CEO Andy Jassy said AWS offers the "most expansive collection of compute instances with Nvidia chips." Alphabet's spending on AI chips has typically been split between its custom chips designed in partnership with Broadcom, known as Tensor Processing Units (TPUs), and Nvidia's offerings. Including networking products that stitch together parts of the data center, about 15% of Broadcom's semiconductor revenue was tied to generative AI spending in fiscal 2023.

Persons: Eaton, Brian Olsavsky, FactSet, Amazon's capex, Andy Jassy, Meta's capex, Susan Li, Li, Mark Zuckerberg, Zuckerberg, Meta, it's, —, Amy Hood, It's, chatbot ChatGPT, AMD's, Ruth Porat, Porat, Jim Cramer's, Jim Cramer, Jim, Florian Gaertner Organizations: Big Tech, Nvidia, Broadcom, Eaton, Microsoft, Meta, Google, Web Services, Facebook, Devices, OpenAI, supercomputing, TPUs, CNBC, YouTube, Photothek, Getty Locations: Eaton, Seattle

Amazon on Thursday reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season. The Seattle-based e-commerce company said it earned $170 billion in revenue and $10.6 billion in profits during the last three months of 2023, beating expectations from analysts surveyed by FactSet. In a statement, Amazon CEO Andy Jassy called it a “record-breaking” holiday shopping season for Amazon. The company said its online retail business earned $70.5 billion in revenue during the quarter, a 9% jump compared to $64.53 billion during the same period in 2022. Roughly an hour before it released its earnings on Thursday, Amazon announced a new generative AI-powered shopping assistant called Rufus.

Persons: Andy Jassy, Rufus, – Organizations: FactSet, Amazon, San Locations: Seattle, San Francisco

SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in its cloud-computing unit, where Microsoft focuses most of its AI investments. “Microsoft is firmly establishing itself as a frontrunner in the AI race,” said Jeremy Goldman, director of briefings at Insider Intelligence. In addition to other benefits, Goldman suggested that AI technology could help expand Microsoft’s share of digital advertising. That merger boosted Microsoft's revenue growth by four points, according to James Ambrose, the company's director of investor relations.

Persons: ”, Jeremy Goldman, Goldman, James Ambrose, Microsoft's Organizations: FRANCISCO, — Microsoft Corp, Microsoft, Intelligence, Google, FactSet Research, Activision, Revenue Locations: Redmond, Washington

☆ China’s Real Estate Crisis ‘Has Not Touched Bottom’
▼ + stars: | 2024-01-30 | by ( Daisuke Wakabayashi | Claire Fu | ) www.nytimes.com time to read: +1 min

The unwavering belief of Chinese home buyers that real estate was a can’t-lose investment propelled the country’s property sector to become the backbone of its economy. But over the last two years, as firms crumbled under the weight of massive debts and sales of new homes plunged, Chinese consumers have demonstrated an equally unshakable belief: Real estate has become a losing investment. The troubles of the country’s real estate sector were laid bare on Monday when a Hong Kong court ordered China Evergrande to wind up operations and liquidate the company, which is saddled with over $300 billion in debt. Like the industry it once ruled, Evergrande limped along for two years after defaulting on payments it owed investors. Evergrande, lacking the cash to pay creditors, tried to exude confidence that its apartments remained a sound investment.

Persons: Evergrande Locations: Hong Kong, China

☆ CD and Savings Rates Today: Explore Today's Top Rates
▼ + stars: | 2024-01-30 | by ( Business Insider | ) www.businessinsider.com time to read: +7 min

With rates rapidly changing, how can you feel confident that you're getting the best savings account or best CD? See more savings account bonuses »Leading Checking & Savings Combo Account BonusSofi Checking and SavingsEarn up to a $300 bonus with qualifying direct deposits for eligible customers. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates. Products in this post: BrioDirect High-Yield Savings Account, Customers Bank High Yield Savings Account, UFB Secure Savings, CIT Bank Platinum Savings, TotalDirectBank 6 Month CD, Popular Bank CD, Valley Direct 3 Year Variable CD, BMO Alto 5 Year High Yield CD, CIBC Agility Online Savings Account, SoFi Checking and Savings, Mission Valley Bank 3 Month No Penalty CD

Persons: Banks, —, Cash, we've Organizations: Bank, Cash, Products, Secure Savings, CIT Bank, Savings, Popular, BMO, CIBC, Mission Valley Bank Locations: —

☆ One of Goldman Sachs' top executives running investment banking and global markets is set to step down: Read the full memo
▼ + stars: | 2024-01-29 | by ( Reed Alexander | ) www.businessinsider.com time to read: +8 min

Jim Esposito, one of three co-heads of Goldman Sachs's powerful global banking and markets division, is set to step down. His previous roles include co-head of the global financing group, co-head of global markets, and global co-head of investment banking. Most recently, Jim played an important role in bringing together our Global Markets and Investment Banking franchises to form the Global Banking & Markets business. Jim's passion for our distinctive culture has also been reflected in his commitment to recruiting, developing and mentoring talented individuals around the world, including the next generation of leaders across Global Banking & Markets. Prior to assuming his current role, Jim was global co-head of the Global Markets Division and before that global co-head of the Investment Banking Division.

Persons: Jim Esposito, Goldman, Esposito, He's, David Solomon, Solomon, John Waldron, Waldron, Julian Salisbury, —, Salisbury's, Eric Lane, Gregg Lemkau, Goldman Sachs, Jim, Jenn, David Organizations: Business, Goldman, Wall Street, Business Insider, Bloomberg, Tiger Global, IB, Global Banking, Markets, Management, Investment Banking, Global Markets, Global Markets Division, Global, Group, Trustees, Corporation, Brown University, Advisors, Tuck School of Business, Dartmouth College

“This is a basically a death penalty for a business,” said Columbia University law professor Eric Talley. Bank officials called to testify couldn’t say for sure if Trump’s personal statement of worth had any impact on the rates. His nonprofit Trump Foundation agreed to shut down in 2018 over allegations he misused funds for political and business interests. The Deutsche unit making the Trump business loans wasn’t the typical lending unit, but its private wealth division. A POTENTIAL COMPROMISETo be sure, the attorney general’s office has argued that there are larger issues than victim losses at play in Trump's case.

Persons: Donald Trump, “, ”, Eric Talley, it’s, Adam Leitman Bailey, William Thomas, Trump, that’s, Arthur Engoron, Engoron, Letitia James, Said, Kevin Wallace, ” Engoron, Jan, Gambino, Mar, Deutsche, ” Trump, Wallace, Jerry H, Goldfeder, University of Michigan’s Thomas, ” ___, Michael R, Jennifer Peltz, David Caruso, Rhonda Shafner Organizations: Associated Press, Columbia University, Deutsche Bank, Trump, Bank, University of Michigan, Republican, Democratic New, New York, LexisNexis, AP, Trump Foundation, Trump University, Deutsche, ”, Fordham University, University of Michigan’s Locations: Trump’s, New York, Democratic New York, York, Lago, Florida, Chicago, Miami , Los Angeles, Scotland, New, Manhattan, Sisak, Investigative@ap.org

☆ Having too many options can paralyze investors. Here's how you can overcome 'choice overload'
▼ + stars: | 2024-01-29 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Humans get overwhelmed by too many options, a behavioral finance concept known as "choice overload." How investors encounter choice overloadChristopher Ames | E+ | Getty ImagesIt's not just investing: The choice paradox can extend to things like ice cream flavors and apparel, for example. Given these behavioral biases, retailers and others have evolved, making it less likely consumers will experience choice overload "in the wild" today, said Dan Egan, vice president of behavioral finance and investing at Betterment. Do-it-yourselfers may have about one to two dozen investment options, at most, from which to choose, reducing the choice friction. If you don't give people an easy choice, "it's really hard for them," Blanchett said.

Persons: Philip Chao, Brian Scholl, David Blanchett, Samantha Lamas, Christopher Ames, Sheena Iyengar, Mark Lepper, Dan Egan, Egan, that's, Blanchett Organizations: Sdi, U.S . Securities, Exchange Commission, Investor, Morningstar, Finance Locations: John , Maryland

But an Associated Press analysis of nearly 70 years of similar cases showed Trump’s case stands apart: It’s the only big business found that was threatened with a shutdown without a showing of obvious victims and major losses. “This sets a horrible precedent,” said Adam Leitman Bailey, a New York real estate lawyer who once sued a Trump condo building. But AP’s review of nearly 150 cases reported in legal databases found that in the dozen cases calling for “dissolution,” victims and losses were key factors. The New York attorney general who filed the lawsuit, Letitia James, said that helped the ex-president receive lower interest rates. In fact, the bank made its own estimates of Trump’s personal wealth, at times lopping billions from Trump’s figures, and still decided to lend to him.

Persons: — Donald Trump, “, ”, Adam Leitman Bailey, Arthur Engoron, Trump, Letitia James, Banks, Eric Talley, GENERAL’S, James, Engoron, William Thomas, Donald Trump Organizations: New, Trump, AP, TRUMP New York, Deutsche Bank, Columbia University, Trump’s New, University of Michigan Locations: New York, Trump’s New York, York, Lago, Florida, Chicago

☆ This upgrade can perk up your eating in the new year
▼ + stars: | 2024-01-29 | by ( Casey Barber | ) edition.cnn.com time to read: +6 min

What’s a grocery upgrade? bhofack2/iStockphoto/Getty ImagesI consider a grocery upgrade to be a small splurge, not a big investment. Here are some examples of how I upgrade my grocery list when I need a pick-me-up. It’s my least favorite winter task, so I choose to reward myself with a grocery upgrade for getting the job done. Canned clams are a pantry staple for me as well since I love to keep them on hand for a quick dinner of one-pot clam pasta and clam chowder.

Persons: it’s, I’ve, I’m, Mikhail Rudenko, I’ll, there’s, Casey Barber Organizations: CNN Locations: crumbly Vermont, Thai

☆ Australia's Resources Minister Seeks Investment From S.Korea, Japan
▼ + stars: | 2024-01-28 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

MELBOURNE (Reuters) - Australia's resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a "prospectus" of 52 investment ready critical minerals projects. "Australia's critical minerals are key to the world's energy transformation," said Minister Madeleine King in a statement. King will be meeting Japan's trade minister Ken Saito, and South Korean trade and energy minister Duk-geun Ahn, she said in a statement. The minister is also expected to engage her counterparts on natural gas as Australia develops its future gas policy, given both nations are large customers of the major exporter. Already this year, a string of Australian nickel projects have been iced, including part of BHP's operations in the state of Western Australia.

Persons: Madeleine King, King, Ken Saito, geun Ahn, Melanie Burton, Christopher Cushing Organizations: MELBOURNE Locations: South Korea, Japan, Korean, Australia, Western Australia, Australian

☆ 2023 income tax return: Here’s what you need to know before you file
▼ + stars: | 2024-01-28 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

New York CNN —Come Monday, the IRS will start accepting and processing 2023 federal income tax returns. Pull out your return from last year: Your 2022 tax return will give you a good starting point for figuring out what documents you need to have handy to fill out this year’s return, said Tom O’Saben, director of tax content and government relations at the National Association of Tax Professionals. Here is a list of the most common and costly tax return mistakes the IRS has seen over the years. Lastly, the program cannot be used to file your state returns, so you’ll have to do that separately but your state may have its own free file program. (More details on the federal Direct File program are here.)

Persons: Tom O’Saben, you’ve, ” O’Saben, O’Saben, didn’t, you’re, filers, Katie Lobosco, Tami Luhby Organizations: New, New York CNN, IRS, Patriots, National Association of Tax, Social Security, Child, filers, Social Locations: New York, Maine and Massachusetts, brokerages, Arizona , California, Florida , Massachusetts, Nevada , New Hampshire , New York, South Dakota , Tennessee , Texas, Washington and Wyoming

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