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☆ Climate startups and investors raised billions in 2022. See 31 of the hottest pitch decks used to land funding.
▼ + stars: | 2023-04-21 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +2 min

Climate entrepreneurs and VCs raised $54 billion in 2022 — check out the decks they used. The importance of impact investing, plus friendlier legislation, has fueled the rush to climate tech both in the US and Europe. Globally, climate and clean tech startups raised $54 billion in 2022, according to PitchBook. Clean tech refers to startups trying to reduce human impact on the environment, while climate tech covers those on mitigation, adaptation, and decarbonization. Insider has collected 31 pitch decks that founders and investors used to raise billions in 2022.

☆ Here's what I want to see before buying in a stock market that stumbled on solid bank earnings
▼ + stars: | 2023-04-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

I do not understand how it could be double the price of the stock when the TVB means that if you closed the bank that's what you would get. I know the stock of Wells Fargo (WFC) didn't do much after it reported. Now, I offer the story of these banks as a preamble to what I see happening in the stock market right now. I don't want to conflate a day of good bank earnings with a month of good stock prices. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Taiwan has to improve its defenses through its own will: Ex-U.S. deputy secretary of defense
▼ + stars: | 2023-04-14 | 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 EmailTaiwan has to improve its defenses through its own will: Ex-U.S. deputy secretary of defenseBill Lynn, Leonardo DRS CEO and former U.S. deputy secretary of defense, discusses U.S.-China ties and Taiwan tensions.

☆ Pentagon leak is "devastating" for U.S. allies, former U.S. Deputy Secretary of Defense says
▼ + stars: | 2023-04-14 | 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 EmailPentagon leak is "devastating" for U.S. allies, former U.S. Deputy Secretary of Defense saysBill Lynn, Leonardo DRS CEO and former U.S. deputy secretary of defense explains the impact of the Pentagon leak that has stunned the U.S. government and its allies.

Bill Clark | CQ-Roll Call Group | Getty ImagesAn embarrassing leak of highly classified Pentagon documents has endangered intelligence methods, exposed American strategy and undermined trust among U.S. allies, former defense department officials and intelligence experts tell CNBC. America's control over its most valuable secrets has been thrust into question amid the fallout from the most damaging intelligence leak since Edward Snowden's breach more than a decade ago. 'Devastating' for American alliesThe major security breach also contained intelligence gathering on American allies, including South Korea and Israel. "Our allies can't trust us … That's why the Middle East, they're talking to the Chinese. one American defense industry executive told CNBC, speaking anonymously due to professional restrictions.

☆ Wes Anderson, Ken Loach among big names competing at Cannes Film Festival
▼ + stars: | 2023-04-13 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

[1/4] 72nd Cannes Film Festival - Photocall for the film "Sorry We Missed You" in competition - Cannes, France, May 17, 2019. REUTERS/Eric Gaillard/File PhotoApril 13 (Reuters) - Wes Anderson, Ken Loach, Todd Haynes and Wim Wenders are among the directors who will compete for the top prize at next month's Cannes Film Festival, where a spate of Hollywood stars will also premiere their latest works on the famed Croisette waterfront. At a press conference on Thursday, festival director Thierry Fremaux announced the line-up for the 76th edition of major cinema showcase from May 16-27. "It's a competition that will mix young filmmakers competing for the first time with veterans whose names and works we know," Fremaux said. Adventurer Indiana Jones will also return to the festival 15 years since his last appearance in Cannes.

The most surprising appointment was that of the new Enel chief Flavio Cattaneo, a seasoned corporate manager who leaves his role as vice president of high-speed train operator Italo to lead the country's biggest utility. He leap-frogged Stefano Donnarumma, the current chief executive of power grid Terna (TRN.MI), widely seen as Meloni's first choice. Enel shares were down 4% on Thursday, with investors fretting over Cattaneo's lack of expertise in the renewable energy sector. Leading politicians in Meloni's right-wing coalition said this issue was a major stumbling block for Donnarumma, along with pressure from League chief Salvini, a strong supporter of Cattaneo. Besides concessions on Enel, Meloni kept a tight grip on the rest of the main appointments.

☆ THEN AND NOW: The cast of 'Titanic' 26 years later
▼ + stars: | 2023-04-13 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: 1 min

Since "Titanic," Leonardo DiCaprio has appeared in many critically acclaimed films including "Revolutionary Road," in which he starred alongside Kate Winslet. Mike Coppola/GettyThe A-list actor, who's appeared in many well-received movies such as "The Departed" and "Inception," finally won his first Oscar in 2016 for his work in "The Revenant" after years of jokes and memes. DiCaprio is also active in education about the climate crisis and attended the 2017 People's Climate March in protest of President Donald Trump. He also starred in the 2021 Netflix film "Don't Look Up," an assumed commentary on the climate crisis, and the 2023 movie "Killers of the Flower Moon." Both movies were nominated for best picture at the Oscars.

Persons: Leonardo DiCaprio, Kate Winslet, Mike Coppola, Getty, who's, Oscar, DiCaprio, Donald Trump Organizations: Netflix

☆ Wes Anderson and Todd Haynes to Compete at Cannes Film Festival
▼ + stars: | 2023-04-13 | by ( Alex Marshall | ) www.nytimes.com time to read: +1 min

Movies by Wes Anderson, Todd Haynes and Ken Loach will compete for the Palme d’Or at this year’s Cannes Film Festival, the event’s organizers announced during a news conference on Thursday. But Martin Scorsese will not compete at the festival, which opens May 16 and runs through May 27. Instead, his eagerly anticipated movie “Killers of the Flower Moon,” which stars Leonardo DiCaprio and is about the murder of Osage Indians in 1920s Oklahoma, will appear out of competition. Thierry Frémaux, Cannes’s artistic director, said during Thursday’s news conference that the festival wanted “Killers of the Flower Moon” to play in competition, but Scorsese had turned him down. The Wes Anderson picture in competition is “Asteroid City,” about a space cadet convention that is interrupted by aliens; Todd Haynes will show “May December” a love story about a young man and his older employer, starring Julianne Moore.

☆ This Friday could hold the key to our bank stocks and the direction of the market for weeks
▼ + stars: | 2023-04-11 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

How the banks deliver could set the market tone in the coming weeks. Jim said Monday that such a pause could spark a big stock market rally while keeping rates high enough for banks to make money. How these dynamics play out will factor into the Fed's next rate move — and as a result, market sentiment. Since deposit levels directly contribute to a bank's ability to make loans, it's not surprising that commercial bank lending declined in recent weeks. To be sure, Wells is a traditional bank that must deal with short-term deposit and lending gyrations.

☆ The street processions and ceremonies of Holy Week
▼ + stars: | 2023-04-07 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

A member of the Palmeros de Chacao brotherhood meets with his wife before going down the mountain for leaves to be blessed at a Catholic church to mark the beginning of the Holy Week, in Caracas, Venezuela, April 1. REUTERS/Leonardo Fernandez ViloriaA member of the Palmeros de Chacao brotherhood meets with his wife before going down the mountain for leaves to be blessed at a Catholic church to mark the beginning of the Holy Week, in Caracas, Venezuela, April 1. REUTERS/Leonardo Fernandez ViloriaClose

☆ Leonardo, Siemens sign deal to create cybersecurity platform
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] Leonardo CEO Alessandro Profumo speaks to reporters at the foreign press association in Rome, Italy, April 12, 2022. REUTERS/Guglielmo MangiapaneROME, April 6 (Reuters) - Leonardo (LDOF.MI) and Siemens (SIEGn.DE) on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil and gas and industrial sectors. "Leonardo and Siemens can create new synergies based on complementary technologies and skills," Leonardo CEO Alessandro Profumo said. Giuliano Busetto, the head of Siemens Digital Industries, said the goal was to help Italy in its digital transformation and create further value for the national industry. Reporting by Angelo Amante; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

☆ Ex-DOJ lawyer tells jury he met with Chinese to further illegal lobbying campaign
▼ + stars: | 2023-04-06 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +2 min

George Higginbotham testified that he made money on the side while working at the Justice Department by offering legal advice to Michel, a long-time friend. But he did so anyway, telling the jury he let his friendship with Michel cloud his judgment. "This could get me in a lot of trouble," he told the jury he recalled thinking, adding that his actions were "definitely outside of official lines." Higginbotham, who pleaded guilty in 2018 for his role in the foreign influence campaign, testified that Justice Department investigators later found out about his meeting and questioned him. Reporting by Sarah N. Lynch; Editing by Andy Sullivan and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Leonardo DiCaprio Testifies at Pras Michel’s 1MDB Trial
▼ + stars: | 2023-04-03 | by ( Byron Tau | Aruna Viswanatha | ) www.wsj.com time to read: 1 min

Actor Leonardo DiCaprio, who has been friends with rapper Pras Michel for years, hasn’t been accused of any crime. WASHINGTON—Actor Leonardo DiCaprio appeared in a Washington federal courthouse on Monday to testify in a closely watched criminal case featuring a potent mix of celebrity, money and geopolitical intrigue. The Academy Award-winning star of blockbusters such as “Titanic,” “The Revenant” and “Catch Me If You Can” appeared as a witness in a sprawling Hollywood-meets-Washington trial against the rapper Pras Michel , a founding member of the hip-hop trio the Fugees.

☆ Leonardo DiCaprio testifies in conspiracy and fraud trial of Fugees rapper Pras Michel
▼ + stars: | 2023-04-03 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

Leonardo DiCaprio testified in a high-profile trial of Fugees member Pras Michel. Low helped finance the 2013 film "The Wolf of Wall Street" that DiCaprio starred in. Federal prosecutors claim Michel funneled money from Malaysian businessman and fugitive Jho Low to illegally contribute to President Barack Obama's 2012 reelection. "Wow, that's a lot of money," DiCaprio recalled telling Low at the time. Michel faces several charges, including conspiring to make and conceal foreign campaign contributions and witness tampering.

☆ March's bank failures show options can be tricky even when retail traders pick big winners
▼ + stars: | 2023-04-03 | by ( Jesse Pound | ) www.cnbc.com time to read: +6 min

This halt, and how regulators and brokerage firms handled the outstanding options contracts, turned simple trades into a big headache for retail investors. Davies said that usually he would sell his winning options trades before expiration, so he does not have to deal with the settlement process. Robinhood later allowed Davies to create the naked short position and therefore to exercise his option. The naked short positions showed an on-paper loss in his account until the stock began trading over the counter on March 28. Another wrinkle is that some types of accounts, including retirement accounts, are not allowed to hold short positions, which created additional steps for traders and brokers to close out the trade.

☆ Leonardo DiCaprio testifies in Fugees rapper's lobbying trial
▼ + stars: | 2023-04-03 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +2 min

DiCaprio is one of several prominent figures linked to Low, who is suspected of embezzling $4.5 billion from Malaysia's 1MDB sovereign wealth fund. Michel faces 11 criminal counts for trying to influence the administrations of Obama and former President Donald Trump. Prosecutors said Michel agreed to funnel money into Obama's 2012 re-election campaign and hide the source of the funds. Prosecutors said Michel later waged an illegal influence campaign to persuade the Trump administration to stop investigating Low. Michel and other co-conspirators are also accused of lobbying the Trump administration at China's behest to return Guo to China.

☆ Renaissance artists da Vinci and Botticelli may have used egg yolk in their masterpieces, new study finds
▼ + stars: | 2023-04-02 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +2 min

Renaissance artists may have used egg yolk to protect and alter their paintings, scientists find. Egg proteins mixed into oil paint helps paintings withstand humidity and to prevent wrinkling. In the study, experts found that adding eggs to oil paintings "acts as an antioxidant, slowing down the onset of curing." benjapol congliang/ShutterstockIn examining the effects of using egg yolk proteins in the oil, the scientists found that the egg proteins suppressed the water absorbed in the paint in humid environments. While paintings dried, they also helped prevent yellowing and wrinkling — "a problem even Leonardo da Vinci encountered," the study found.

[1/5] Grammy award-winning Fugees rapper Prakazrel (Pras) Michel, who is facing criminal charges in an alleged illegal lobbying campaign, arrives for opening arguments in his trial at U.S. District Court in Washington, U.S., March 30, 2023. "This is a case about foreign money, influence and concealment," Lockhart said during her opening statement in Washington on Thursday. "Through this scheme, the defendant duped the Obama campaign," Lockhart told the jury. For his work on these two lobbying campaigns on behalf of Low and China, prosecutors said Michel was paid $70 million. Low remains a fugitive in the Michel case.

☆ Fugees rapper Pras Michel was 'willing to break any laws necessary to get paid' in alleged international fraud scheme, prosecutor said
▼ + stars: | 2023-03-30 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

The conspiracy and fraud trial of American rapper Pras Michel kicked off on Thursday. Prosecutors alleged that Michel was involved in an international scheme to influence the US government. Michel is accused of working with Malaysian businessman and fugitive Jho Low. "Low had money to burn and the defendant was willing to cash in at any turn," Lockhart said. McMaster, casino mogul Steve Wynn, and actor Leonardo DiCaprio, who starred in the 2013 film "The Wolf Of Wall Street" that Low helped fund.

BRASILIA, March 30 (Reuters) - Brazil's far-right former President Jair Bolsonaro, who never conceded defeat in last year's election, returns from self-imposed exile in Florida on Thursday to lead the opposition to leftist President Luiz Inacio Lula da Silva. Bolsonaro left for the United States two days before he was due to hand over the presidential sash to Lula on Jan. 1. His return to Brazil is eagerly awaited by the party's leader Valdemar Costa Neto, who wants Bolsonaro to become the leader of the opposition to the Lula administration and lead the PL into municipal elections next year. "Bolsonaro will lead the opposition and travel around Brazil preaching the party's liberal values and helping the PL grow," he told Reuters, outlining a plan for a right-wing comeback in the 2026 presidential elections. Barreto said her ambitions may provide an outlet for the ex-president's supporters if legal probes lead electoral authorities bar him from seeking office.

☆ Rapper Pras Michel Is Unlikely Defendant in Case of International Skulduggery
▼ + stars: | 2023-03-28 | by ( Aruna Viswanatha | ) www.wsj.com time to read: 1 min

WASHINGTON—Former Fugees rap star Pras Michel is trying to beat a case related to one of the largest financial scandals in history, one that has already toppled a prime minister and tarnished the reputation of Goldman Sachs Group Inc.Actor Leonardo DiCaprio , casino mogul Steve Wynn and senior Trump administration officials are among those expected to testify in the Hollywood-meets-Washington trial opening this week against Mr. Michel, who faces numerous criminal charges related to his business relationship with the alleged mastermind of the 1MDB fraud.

MAYA BAY, Thailand, March 27 (Reuters) - On any given day in Thailand's Maya Bay, up to 40 blacktip reef sharks cruise in the cyan shallows while about 4,000 tourists visit its white-sand beach flanked by towering cliffs. Marine researcher Metavee Chuangcharoendee said that thanks to the pause in tourism the island was once again functioning as a nursery for young sharks. A number of factors affect the sharks around Phi Phi Leh Island, including seasonal movement patterns and human activity like fishing, Metavee said. For Phi Phi Island National Park, annual revenue was almost halved from 638.3 million baht ($18.7 million) in 2018 to 373.6 million baht in 2019 after authorities closed the beach. "If you can create a new image of Maya Bay as a nature reserve ...

☆ Venezuela's Maduro will not attend Ibero-American summit, official says
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +1 min

CARACAS, March 25 (Reuters) - Venezuelan President Nicolas Maduro will not attend an Ibero-American summit this weekend hosted by the Dominican Republic, a Venezuelan official said on Saturday, a day after a summit organizer said he was en route. Foreign Minister Yvan Gil will attend the Saturday and Sunday conference instead, Venezuela's Information Minister Freddy Nanez told Reuters. The confirmation Maduro will not attend came a day after a summit official said Maduro was on his way to the event, which provides a forum for leaders from across Latin America as well as Spain and Portugal. Maduro is shunned by many governments due in part to his 2018 re-election derided as a sham by international observers. Reporting by Leonardo Fernandez Viloria in Caracas; Writing by Cassandra Garrison; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

☆ Venezuela's Maduro skips Ibero-American summit after positive COVID test
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +1 min

CARACAS, March 25 (Reuters) - Venezuelan President Nicolas Maduro canceled his attendance at the Ibero-American summit after receiving a positive COVID-19 test result, though he has since tested negative twice, Vice President Delcy Rodriguez said on Saturday. Rodriguez said Maduro was informed by his doctors on Friday of a positive PCR test, leading him to cancel his appearance at the event, which provides a forum for leaders from across Latin America as well as Spain and Portugal. Everything indicates that it was a false positive," Rodriguez said on Twitter. Venezuela's information minister, Freddy Nanez, told Reuters earlier on Saturday that Maduro will not attend the event a day after a summit official said Maduro was on his way to the Dominican Republic. Maduro is shunned by many governments due in part to his 2018 re-election derided as a sham by international observers.

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