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CNN —Spanish star player Jennifer Hermoso has filed an official complaint with prosecutors against the president of the country’s soccer federation, Luis Rubiales, over an unwanted kiss after the Women’s World Cup final. The complaint was filed on Tuesday, a spokesperson for the Spanish prosecutor’s office told CNN. Rubiales has apologized and described the kiss after the Spanish national team’s victory at the World Cup final on August 20 as “mutual” – a claim Hermoso denied, saying she was not respected. The unwanted kiss has prompted a major shake-up in Spanish soccer, with the government pushing for Rubiales to resign and RFEF removing Jorge Vilda from his role as coach of the women’s national team. He was replaced by Montse Tomé, the first woman in Spanish national team history to hold the position.

Persons: Jennifer Hermoso, Luis Rubiales, ”, Rubiales, Hermoso, TAD, Jorge Vilda, Montse Tomé, ‘, “, Pedro Rocha, Vilda, Tomé, Rocha, Víctor, –, Verónica Boquete, ” Boquete Organizations: CNN, Spanish, Royal Spanish Football Federation, FIFA, women’s, Interim, High Council of Sport, Nations League, Sweden, Cadena COPE Locations: Spanish, Rubiales, Spain, RFEF

☆ Scholz: Germany Must Pull Together to Overcome Economic Crisis
▼ + stars: | 2023-09-06 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +1 min

BERLIN (Reuters) - German Chancellor Olaf Scholz on Wednesday called on the ruling coalition and democratic opposition to pull together to overcome the "mildew of red tape, risk averseness and despondency" that has weighed down Europe's largest economy in recent years. This was also key, he said, to fend off "those who want to draw political profit from decline scenarios and panic-mongering" amid a sharp rise in support for Germany's far-right. "The citizens are fed up with this standstill, and I am too," Scholz said in a speech to the Bundestag lower house of parliament during a session on the 2024 budget, sporting a black eye patch following a jogging accident. The chancellor announced a new "Germany pact" with a bundle of measures aimed at streamlining the country's notoriously slow bureaucracy and speeding up the digitalization of the economy. Political Cartoons on World Leaders View All 226 Images(Reporting by Sarah Marsh; Editing by Miranda Murray)

Persons: Olaf Scholz, Scholz, Sarah Marsh, Miranda Murray Organizations: BERLIN Locations: Germany

☆ Blinken, in Kyiv, Says U.S. Will Send $1 Billion More in Aid
▼ + stars: | 2023-09-06 | by ( Constant Méheut | ) www.nytimes.com time to read: +6 min

The aid will also include demining assistance to clear Russian land mines and prevent the remnants of war from causing further harm to civilians, Mr. Blinken said. It includes ammunition made with depleted uranium for Abrams tanks, which are scheduled to arrive in Ukraine this fall, Mr. Blinken said. Mr. Blinken traveled by train to Kyiv with Denmark’s prime minister, Mette Frederiksen, according to a State Department statement. He was replaced by Rustem Umerov, who has been the chairman of Ukraine’s State Property Fund. A senior State Department official told reporters traveling with Mr. Blinken that the effort was aimed at “putting global support on a long-term, sustainable path.

Persons: Antony J, Blinken, Biden, Dmytro Kuleba, Volodymyr Zelensky, ” Mr, Zelensky, ”, “, Lynsey Addario, Mr, Mette Frederiksen, Blinken’s, Oleksii, Rustem Umerov, Umerov’s, Tyler Hicks, Putin, Vladimir V, Russia, Erin Mendell, Anushka Patil Organizations: Ministry of Foreign Affairs, Kyiv, United, Pentagon, The New York Times, Ukraine’s, Department, Property Fund, 22nd Mechanized Brigade, State Department Locations: Kyiv, Ukraine, U.S, United States, matériel, Kostyantynivka, Ukrainian, ”, Russia, “, Denmark, Ukraine’s, Bakhmut, Israel

For the better part of an hour, he might be the only person. Mr. Haugen has worked for more than half of his 52 years as a fire lookout, scanning the larch and pine wilderness from a one-room mountaintop cabin. More and more, he stands at another divide, too: between human jobs and automation. The chief of the U.S. Forest Service, Randy Moore, told lawmakers in March that the agency was moving away from humans in watchtowers. “We need to lean much further into the technology arena,” he said.

Persons: Leif Haugen, Haugen, mutt, Ollie, Randy Moore, ” Organizations: U.S . Forest Service Locations: Montana, West

Investors had expected Saudi Arabia and Russia to extend voluntary cuts into October, but the three-month extension was unexpected. "This is a clear indication that oil prices trump volume (for Saudi Arabia)," said Jorge Leon, senior vice president at Rystad Energy. "These bullish moves significantly tighten the global oil market and can only result in one thing: higher oil prices worldwide," Leon added. Both Saudi Arabia and Russia said they would review the supply cuts monthly, and could modify them depending on market conditions. Along with the Saudi supply cuts, which began in July, prospects of the U.S. economy avoiding a hard recession have helped lift oil demand and prices in recent months.

Persons: Nick Oxford, Brent, Goldman Sachs, Jorge Leon, Leon, Giovanni Staunovo, Shariq Khan, Natalie Grover, Katya Golubkova, Andrew Hayley, Andrea Ricci, Nick Macfie, Timothy Gardner Organizations: Midland , Texas U.S, REUTERS, Brent, . West Texas, Investors, Rystad Energy, UBS, Thomson Locations: Midland , Texas, Saudi Arabia, Russia, BENGALURU, 4Q23, U.S, Saudi

☆ Current Covid strain less pathogenic than delta variant, says Dr. Scott Gottlieb
▼ + stars: | 2023-09-05 | 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 EmailCurrent Covid strain less pathogenic than delta variant, says Dr. Scott GottliebFormer FDA Commissioner Dr. Scott Gottlieb joins 'Squawk Box' to discuss the recent patch of Coronavirus diagnoses, whether the current batch of weight loss drugs is the right way to lose weight, and more.

Persons: Scott Gottlieb

Ukrainian forces, churning slowly forward after breaching Russia’s initial defensive lines in the occupied south, are turning their attention to breaking through in another heavily defended patch of territory. In recent days, military analysts say, the Ukrainian Army has been battling to break through Russian positions near a village called Verbove, about six miles east of the village of Robotyne, which its fighters retook last week. The Black Bird Group, a volunteer organization that analyzes satellite imagery and social media content from the battlefield, said Monday that Ukrainian soldiers had cleared obstacles to reach Russian infantry fighting positions on the outskirts of Verbove. But analysts said that does not necessarily mean they have secured the territory, in an offensive that has met fierce resistance and made progress in small steps and at a high cost in casualties and equipment.

Organizations: Ukrainian Army, Black Bird Group Locations: Robotyne, Verbove

German Chancellor Olaf Scholz speaks during an event at the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 5, 2023. The expansion will make range anxiety a thing of the past for EV drivers, he added. Europe's biggest economy has only 90,000 public charging points but is targeting 1 million by 2030 to boost EV take-up. Addressing the protests, Scholz said at the end of his tour: "Protests are part of public and democratic debate ... but it is a little anachronistic. On competition from China in EV production, Scholz said: "Competition should spur us on, not scare us.

Persons: Olaf Scholz, Leonhard Simon, Scholz, Victoria Waldersee, Andreas Rinke, Jan Schwartz, Friederike Heine, Sarah Marsh, Miranda Murray, David Goodman Organizations: REUTERS, Rights, IAA, EV, Sporting, BMW, Mercedes, Benz, HK, Reuters, Thomson Locations: Munich, Germany, Rights MUNICH, Europe, China, Japanese, Korea

☆ Loosen Your Tie for This Field Trip to Madison Square Garden
▼ + stars: | 2023-09-05 | by ( Frank Rojas | ) www.nytimes.com time to read: +1 min

In striped ties, white button-ups, denim skirts and red blazers, the crowds outside Madison Square Garden last week looked more ready for a field trip than a pop concert. But on Thursday (a school night!) and Friday, fans basked in nostalgia and welcomed the return of RBD, a 2000s pop act born out of a telenovela. RBD — a real-life group with real-life hits that just so happens to have evolved out of a fictional pop group — played two sold-out shows at the Garden to thousands of fans outfitted in early-2000s styles and renditions of prep school uniforms. He wore a cherry red blazer bearing an Elite Way School patch, a white button-up, a red-and-white striped tie and a pair of Converse.

Persons: —, ”, ” Diego Moreno Organizations: Elite Locations: Madison, Mexican, Argentine, Venezuela, Chicago, Converse

Meanwhile, U.S. West Texas Intermediate crude (WTI) October futures rose $2.42, or about 2.8%, to $87.97 a barrel, also a 10-month high. Investors had expected Saudi Arabia and Russia to extend voluntary cuts into October, but the three-month extension was unexpected"It would appear they're trying to double down and capitalize on the recent price moves. Both countries said they would review the supply cuts monthly, and could modify them depending on market conditions. Prospects of the U.S. economy avoiding a hard recession have helped lift oil demand and prices in recent months. Brent futures, which are used to price over three-quarters of the world's traded oil, have gained by about 26% since late June, after Riyadh first announced its voluntary cuts.

Persons: Nick Oxford, Goldman Sachs, Craig Erlam, Brent, Giovanni Staunovo, Natalie Grover, Katya Golubkova, Andrew Hayley, Andrea Ricci Organizations: Midland , Texas U.S, REUTERS, Brent, West Texas, Investors, Reuters, bbl, UBS, Thomson Locations: Midland , Texas, Saudi Arabia, Russia, BENGALURU, U.S, 4Q23, Riyadh, London, Tokyo, Beijing

☆ German Chancellor Scholz sports eye patch after jogging accident
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +1 min

German Chancellor wears an eye patch following his jogging injury in this handout image released in Berlin by the Bundespresseamt in Berlin, Germany, September 4, 2023. BPA/Steffen Kugler/Handout via REUTERS Acquire Licensing RightsBERLIN, Sept 4 (Reuters) - German Chancellor Olaf Scholz joked that he was eagerly awaiting social media reaction after an official photograph released on Monday showed him wearing an eye patch following a weekend jogging accident. Thanks for the get-well wishes, looks worse than it is," the chancellor posted on his account on X, formerly known as Twitter. Scholz, whose face is also visibly scratched in the photo, will have to wear the eye patch for the next few days and weeks, government spokesperson Steffen Hebestreit told a regular news conference on Monday. The chancellor, who is set to take part in a Catholic Church event in Berlin later Monday, is doing well considering the circumstances, Hebestreit said.

Persons: Steffen Kugler, Handout, Olaf Scholz, Scholz, Steffen Hebestreit, Hebestreit, Friederike Heine, Miranda Murray, Mike Harrison Organizations: REUTERS Acquire, Rights, Twitter, Catholic, Thomson Locations: Berlin, Germany

☆ In Detroit, a Tiny Home Generates a Big Controversy
▼ + stars: | 2023-09-04 | by ( Allan Lengel | ) www.nytimes.com time to read: +1 min

The Tiny Homes, as they’re known, were built by a nonprofit group and have marble shower stalls, granite kitchen countertops and solar panels. They are intended for low-income residents who pay monthly rent of $1 per square foot, plus electricity, with the option to own the home outright after seven years. To date, there are 25 in a three-block area, occupied by residents that include seniors and people formerly homeless and incarcerated, and who earn as little as $7,000 annually. The first set opened in 2017, and construction is slated to begin this fall on a half dozen or so houses on a patch of empty land nearby. The project, which is owned and operated by Cass Community Social Services of Detroit, has been built through fund-raising from foundations and private donors, including rocker Jon Bon Jovi.

Persons: Jon Bon Jovi Organizations: Cass Community Social Services of Locations: Cass Community Social Services of Detroit

Distillate inventories, which include diesel and heating oil, were by late August about 15% below the five-year average for this time of year, according to the Energy Information Administration. "We are living barrel to barrel and there is just no room for errors in the system," Price Futures Group analyst Phil Flynn said. Refiners have failed to build sizable stocks ahead of the seasonal surge in demand due to tight supplies of medium and heavy crude oil grades that are distillate-rich. Seasonal overhauls could take out around 2 million bpd of the country's 18.1 million bpd refining capacity, he said. "Even with soft demand, diesel inventories are stubbornly low, and cracks have rallied in search of supply or demand-side relief before winter," the analysts said.

Persons: Bing Guan, Phil Flynn, Refiners, Bjarne Schieldrop, SEB, Robert Yawger, Shariq Khan, Laura Sanicola, Marguerita Choy Organizations: Angeles Refinery, California Air Resources Board, Energy Information Administration, Futures, Organization Petroleum Exporting, Saudi, Bank of America, Thomson Locations: Angeles, California, Carson , California, U.S, Europe, OPEC, Ukraine, Garyville , Louisiana

Yet several hard-right conservatives told CNN they are prepared to take down the rule over the spending bill if their demands aren’t met. Democrats are already trying to pin the blame on any shutdown on the House GOP. Ukraine funding a key flashpoint in HouseHow McCarthy deals with the immediate spending demands remains to be seen, including whether he’ll agree to pair the short-term spending bill with any aid to Ukraine. Simpson said of tying Ukraine aid to the short-term spending bill: “That’s a tougher sell. “Once you get truly into the presidential cycle, everything gets that much more difficult.”Hardliners may upend McCarthy’s strategyHard-line conservatives are already threatening to make McCarthy’s calculus more complicated if he cuts a short-term spending deal with Democrats.

Persons: Kevin McCarthy, McCarthy, It’s, ” McCarthy, Department of Homeland Security –, Joe Biden, Ukraine –, aren’t, Mike Simpson of, ” Simpson, Don Bacon, Biden, “, ”, Chuck Schumer, Mitch McConnell, Kevin Hern of, Hern, Simpson, Vladimir Putin’s, we’re, Sen, Tammy Duckworth, upend, Ralph Norman –, –, hasn’t, Matt Gaetz, Bob Good, Darrell Issa, ” Issa Organizations: CNN, GOP, White, Department of Homeland Security, White House, Democrats, ”, Senate, Republican, Republican Party, Party, Illinois Democrat, South Carolina Republican, Virginia Locations: Ukraine, Mike Simpson of Idaho, Washington, Nebraska, Kevin Hern of Oklahoma, Illinois, Florida, California

☆ Walgreens CEO Roz Brewer steps down after more than 2 years in the role
▼ + stars: | 2023-09-01 | by ( Mike Calia | ) www.cnbc.com time to read: +1 min

Walgreens Boots Alliance said Friday that Roz Brewer had stepped down as the company's chief executive. Brewer and Walgreens were in a rough patch leading up to Friday's announcement. In June, the company reported fiscal third quarter earnings that missed Wall Street expectations for the first time since July 2020. Walgreens said it is searching for a new CEO. A veteran of Walmart and Starbucks, Brewer had led Walgreens since March 2021.

Persons: Roz Brewer, Brewer, Ginger Graham Organizations: Walgreens Boots, Walgreens, Walmart, Starbucks

☆ Hard Right Injects Immigration Into Spending Fight, Raising Shutdown Fears
▼ + stars: | 2023-09-01 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +1 min

Hard-right House Republicans are threatening to block a stopgap bill to keep the government funded unless it includes a security crackdown along the U.S.-Mexico border, escalating fears of a shutdown within weeks and injecting the supercharged politics of immigration into an already fraught stalemate over federal spending. leaders barely managed in May to scrounge together the Republican votes needed to pass it. It has stalled in the Democrat-controlled Senate and would render any spending bill that carried it dead on arrival there. It is the latest complication for House Speaker Kevin McCarthy as he seeks to bridge the considerable rifts within his party over spending and prevent a shutdown that is all but certain to tarnish Republicans politically. It is slated to occur on Oct. 1 unless Congress passes a temporary funding patch to allow more time for a deal.

Persons: Trump, Kevin McCarthy, McCarthy, Biden Organizations: Republicans, Caucus, Democrat Locations: U.S, Mexico, scrounge

☆ Australia regulator sues Qantas alleging sale of tickets on cancelled flights
▼ + stars: | 2023-08-31 | by ( Byron Kaye | ) www.reuters.com time to read: +3 min

Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, November 6, 2018. REUTERS/Phil Noble//File Photo Acquire Licensing RightsCompanies Qantas Airways Ltd FollowSYDNEY, Aug 31 (Reuters) - Australia's competition regulator sued Qantas Airways (QAN.AX) on Thursday, accusing it of selling tickets to thousands of flights after they were cancelled, putting the airline at risk of huge fines and reputational turbulence. The airline kept selling tickets for an average of 16 days after it had cancelled flights for reasons often within its control, such as "network optimisation", the ACCC added. Qantas kept selling tickets to one Sydney-to-San Francisco flight 40 days after it had been cancelled, the regulator said. At the Senate hearing, Joyce confirmed Qantas had written to the federal government in 2022 asking it to deny a request from Qatar Airways, a Qantas competitor on international routes, to increase flights to Australia.

Persons: Phil Noble, Rico Merkert, Alan Joyce, Joyce, Gina Cass, Gottlieb, Byron Kaye, Poonam, Shailesh Kuber, Rashmi Aich, Gerry Doyle, Edmund Klamann Organizations: Qantas, Melbourne International Airport, REUTERS, Rights Companies Qantas Airways Ltd, SYDNEY, Qantas Airways, Australian Competition, Consumer Commission, ACCC, Sydney University's Institute of Transport, Logistics Studies, Australia, Senate, Qatar Airways, Qatar, Thomson Locations: Melbourne, Australia, Sydney, Francisco, Bengaluru

☆ Retinol Has Many Skin Benefits. Here’s How to Use It.
▼ + stars: | 2023-08-31 | by ( Melinda Wenner Moyer | ) www.nytimes.com time to read: +2 min

Also look for retinol products labeled “encapsulated,” meaning the retinol is enveloped in a protective barrier and released into the skin over time, making it potentially less irritating. “Retinols can take anywhere between two to three months to start to take effect, and the benefits can continue to improve over the course of six months,” Dr. Garshick said. If the skin doesn’t become red, itchy or swollen within minutes or hours, you can start using it elsewhere, she said. Dr. Mitchell recommended applying a noncomedogenic (non-pore-clogging) moisturizer after using retinol to counteract irritation and dryness. And because retinol can make the skin more sun-sensitive, it’s always smart to use sunscreen during the day.

Persons: Garshick, ”, Shokeen, Mitchell

☆ Stocks rise, as the market looks to earnings for 2 Club tech names
▼ + stars: | 2023-08-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. Stocks climb higher Portfolio news Earnings on deck 1. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Labor, Google, Club, Nvidia, Citigroup, Apple, Enterprise, Broadcom

The weather system is not expected to hit major oil producing platforms in the U.S. Gulf of Mexico. However, oil major Chevron Corp (CVX.N) evacuated some staff from three platforms in the region. Expectations of a steep decline in U.S. crude oil stockpiles have also benefited oil prices, UBS analyst Giovanni Staunovo said. U.S. crude oil inventories are expected to have dropped by 3.3 million barrels in the latest week, according to an extended Reuters poll on Tuesday. "Even with the potential for some demand destruction (from hurricane Idalia), the coming crude oil supply squeeze is becoming more painfully obvious," said Price Futures Group analyst Phil Flynn.

Persons: Hurricane Idalia, Idalia, Robert Yawger, Yawger, Giovanni Staunovo, Baker Hughes, Phil Flynn, Shariq Khan, Natalie Grover, Emily Chow, Josie Kao, Nick Zieminski Organizations: Kyodo, REUTERS Acquire, Companies, Florida U.S, Hurricane, Brent, U.S, West Texas, Federal Reserve, Hurricane Center, Labor, Chevron Corp, Chevron, UBS, American Petroleum Institute, Futures, Thomson Locations: Idemitsu, Ichihara, Tokyo, Japan, BENGALURU, Florida, Miami, U.S . Gulf of Mexico, Mexico, Gulf of Mexico, Bengaluru, London, Singapore, Houston

☆ Goldman to pay $5.5 mln to settle US CFTC accusations it failed to keep cell phone records
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly//File Photo Acquire Licensing RightsAug 29 (Reuters) - Goldman Sachs (GS.N) will pay a $5.5 million civil penalty to settle allegations it failed to keep records of staff cell phone calls, and for breaching a prior order, the U.S. Commodity Futures Trading Commission (CFTC) said on Tuesday. A Goldman spokesperson said in an email statement sent to Reuters: "We are pleased to have this matter resolved." The CFTC ordered Goldman to pay a $1 million civil monetary penalty and to cease and desist from further violations of CFTC record keeping provisions. The order entered on Tuesday finds that Goldman had additional record-keeping failures in violation of the cease-and-desist provision of the earlier order. Due to problems with a third-party vendor's hardware, the bank failed to fully record and retain thousands of mobile device calls by employees .

Persons: Goldman Sachs, Andrew Kelly, Goldman, Ismail Shakil, Saeed Azhar, Susan Heavey, Michelle Price, Mark Heinrich Our Organizations: New York Stock Exchange, REUTERS, U.S . Commodity Futures Trading Commission, Reuters, CFTC, Wall, Thomson Locations: New York City , New York, U.S, Ottawa, New York

Mandatory credit Kyodo/via REUTERS Acquire Licensing RightsBENGALURU, Aug 29 (Reuters) - Oil prices edged higher on Tuesday as Hurricane Idalia intensified as it headed towards Florida's Gulf Coast, threatening to hit crude oil supplies in an already tightening market. Brent crude oil futures rose 34 cents, or 0.4%, to $84.76 a barrel by 11:44 a.m. EDT [1544 GMT], while the U.S. West Texas Intermediate futures rose 36 cents, or 0.5%, to $80.46 a barrel. U.S. crude oil inventories are expected to have dropped in the latest week, according to a preliminary Reuters poll on Monday. On the demand front, investors are monitoring data from major economies for further clues on interest rates this year and next. Federal Reserve Chair Jerome Powell on Friday said the U.S. central bank may need to raise interest rates further to cool stubborn inflation.

Persons: Idalia, Phil Flynn, Jerome Powell, Shariq Khan, Natalie Grover, Emily Chow, Louise Heavens, David Goodman, Mike Harrison Organizations: Kyodo, REUTERS Acquire, Rights, Brent, U.S . West Texas, Chevron, Marathon Petroleum, American Petroleum Institute, Futures, Federal, Thomson Locations: Idemitsu, Ichihara, Tokyo, Japan, Gulf, U.S, Florida, Cuba, Mexico, Garyville , Louisiana, United States, Beijing, Bengaluru, London, Singapore, Houston

☆ AI in focus: Here's what to look for when Salesforce and Broadcom report earnings
▼ + stars: | 2023-08-29 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

The earnings from Salesforce and Broadcom follow a rough patch for technology stocks that began in mid-July. .SPX AVGO,CRM 3M mountain The S & P 500's performance versus Broadcom and Salesforce over the past three months. Salesforce For the three months ended July 31, Wall Street expects Salesforce's revenue to jump more than 10% year-over-year, to $8.53 billion, according to Refinitiv. Broadcom's AI exposure currently falls into two primary buckets. While Broadcom's AI networking business is no doubt fast-growing, Vinh noted there are headwinds within other pockets of its wide-ranging semiconductor business, such as traditional enterprise networking and broadband.

Persons: Wednesday's, SPX, Scott Berg, Berg, Wells Fargo, —, Salesforce, Needham's Berg, Hock Tan, Bard chatbot, John Vinh, Bard, Vinh, Jim Cramer's, Jim Cramer, Jim, Mike Blake Organizations: Club, Broadcom, Wall, Needham &, CNBC, Salesforce, Google, Jericho, UBS Locations: Irvine , California

Jan Sramek was 15 years old the first time he tried to get a government to do something he wanted. The problem was his town of 1,400 people had only dial-up internet service. He persuaded the local government to pay an internet service provider to bring the town a broadband connection. He was even paid a commission for it, Mr. Sramek wrote in “Racing Towards Excellence,” a sort of self-help book for ambitious young adults he co-wrote in 2009. The next campaign for Mr. Sramek could be more profitable.

Persons: Jan Sramek, Sramek Organizations: Silicon Locations: Drevohostice, Czech Republic, Northern California

Meanwhile, Hurricane Idalia is expected to strengthen into a major hurricane with maximum sustained winds of 125 miles per hour (201 kilometers per hour) before hitting the northwest coast of Florida early on Wednesday, according to the U.S. National Hurricane Center (NHC). The weather system is not expected to hit major oil producing platforms in the U.S. Gulf of Mexico. However, oil major Chevron Corp (CVX.N) evacuated some staff from three platforms in the region. Production was continuing at Chevron-operated Gulf of Mexico oil and gas facilities. U.S. crude oil inventories are expected to have dropped in the latest week, according to a preliminary Reuters poll on Monday.

Persons: Brent, Hurricane Idalia, Idalia, Robert Yawger, Yawger, Shariq Khan, Natalie Grover, Emily Chow, David Goodman, Mike Harrison, Josie Kao Organizations: Kyodo, REUTERS Acquire, bbl U.S, Hurricane, . West Texas, Brent, U.S, Federal Reserve, National Hurricane Center, Labor, Chevron Corp, Chevron, Marathon Petroleum, American Petroleum Institute, Thomson Locations: Idemitsu, Ichihara, Tokyo, Japan, Florida, BENGALURU, U.S . Gulf of Mexico, Mexico, Gulf of Mexico, Garyville , Louisiana, United States, Bengaluru, London, Singapore, Houston

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