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☆ Probe into Indian rail disaster opens as trains start running
▼ + stars: | 2023-06-05 | by ( Jatindra Dash | ) www.reuters.com time to read: +3 min

Following non-stop efforts to rescue survivors, and clear and repair the track, trains resumed running over that section of the line on Sunday night. The inquiry is underway," a senior railway officer told a Reuters reporter, as officials checked documents being submitted for examination. India's Railway Board, the top executive body, has recommended that the Central Bureau of Investigation take over the investigation into the cause of the disaster. "We have to move towards normalization... Our responsibility is not over yet," railway minister Ashwini Vaishnaw told reporters. "Passenger occupancy is almost 99%," Aditya Chaudhary, chief public relations officer of South Eastern Railway, told Reuters.

Persons: Adnan Abidi, A.M, Chowdhary, Ashwini Vaishnaw, Aditya Chaudhary, Jatindra Dash, Subrata, Tanvi Mehta, Sudipto Ganguly, Simon Cameron, Moore Organizations: REUTERS, Reuters, Railway Board, Central Bureau of, Express, South Eastern Railway, Thomson Locations: Balasore district, Odisha, India, Adnan, Adnan Abidi KHARAGPUR, Balasore, Kharagpur, West Bengal, Chennai, Kolkata, Howrah, New Delhi

Rescue workers gather around damaged carriages during search for survivors at the accident site on Saturday. With the rail routes still blocked, family members of deceased passengers are having to find their way by other means to the crash site, to help identify the dead. India’s extensive rail network, one of the largest in the world, was built more than 160 years ago under British colonial rule. Decaying infrastructure is often cited as a cause for traffic delays and numerous train accidents in India. An ambitious National Rail Plan, announced in 2021, envisages that all major cities in north, west and south India should be connected by high-speed rail.

Persons: –, Ashwini Vaishnaw, ”, Dibyangshu Sarkar, Jaya Varma Sinha, ” Sinha, Mansukh Mandaviya, Mandaviya, Naveen Patnaik, Patnaik, “, Narenda Modi, Narendra Modi, Volodymyr Zelensky, Vladimir Putin, Joe Biden, Rishi Sunak, Fumio Kishida, Antonio Guterres, Pope Francis, Modi, Modi’s, Albright Organizations: Hong Kong CNN, Howrah, Bangalore . Rescue, Getty, Jaya, India’s Health, Sunday, Odisha’s, Public Relations Department, Indian, Rapid, Force, British, United Nations, National Crime Records, Group, Rail Plan, Bharat Locations: New Delhi, London, Hong Kong, Balasore, Odisha, Indian, Kolkata, Chennai, Bazar, Bangalore, AFP, Tamil Nadu, Russian, India, Jammu, Kashmir

☆ Meet the designer who made Taylor Swift's Eras tour ballgown that has 200,000 hand-sewn sequins and crystals
▼ + stars: | 2023-06-03 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

Bridal company Nicole + Felicia Couture designed a ball gown for Taylor Swift's Eras Tour. Founder Nicole Chang said she relies on celebrity partnerships, not ads, to build the brand. Among her show-stopping looks was a sparkly gold ball gown with 200,000 hand-sewn sequins and crystals, created by bridal company Nicole + Felicia Couture. Swift wore a bespoke ball gown by Nicole + Felicia on her Eras Tour. After Swift debuted her gold gown on tour, Nicole + Felicia's Instagram video of the design process drew more than 19,000 views.

Persons: Nicole, Felicia Couture, Taylor, Nicole Chang, —, Swift, Felicia, Bob Levey, Getty, Blake Lively, Chang, Amy Chen, Chrissy Teigen, Paris Hilton, Gwen Stefani, Halle Bailey, Chen, Bailey, Joseph Cassell Falconer, it's, we've Organizations: Service, PR Locations: Taiwan, Glendale , Arizona, Paris

☆ Exchange operator Cboe launches global listing offering
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, June 2 (Reuters) - Exchange operator Cboe Global Markets (CBOE.Z) said on Friday it will let companies list across its U.S. and international exchanges, expanding in a fiercely competitive field dominated in the United States by the New York Stock Exchange and Nasdaq Inc (NDAQ.O). Cboe, which has stock exchanges in North America, Europe, and the Asia-Pacific region, currently lists only its own stock, along with exchange-traded funds, on its U.S. exchange. But financial software firm Abaxx Technologies Inc (ABXX.NLB), which is listed on Cboe Canada, has received conditional approval to be intralisted on Cboe U.S., the exchange operator said. "Cboe has built an expansive, global equities footprint unrivalled in the industry that uniquely positions us to deliver the first-ever truly global listing experience for issuers seeking to tap new markets beyond their home region," Dave Howson, global president of Cboe Global Markets, said in a statement. Exchanges earn recurring revenue from listings and charge various listing fees based on factors such as the amount of shares a company lists.

Persons: Cboe, Dave Howson, John McCrank, Hugh Lawson Organizations: YORK, Cboe, New York Stock Exchange, Nasdaq Inc, Abaxx Technologies, Intercontinental Exchange Inc, NYSE, Nasdaq, Thomson Locations: United States, North America, Europe, Asia, Pacific, Cboe Canada, Cboe, Canada, Netherlands, Australia, Chicago

☆ Meet David Sacks, the friend of Elon Musk who could play kingmaker for Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +12 min

Ron DeSantis — including hosting the candidate's kickoff event on Twitter — demonstrate how Sacks is working to become a GOP kingmaker. A DeSantis campaign spokesman did not return a request for comment before publication. Sacks, according to Puck, serves as one of the group's directors. Kevin McGrann, a lobbyist at government relations juggernaut Forbes Tate Partners, is also linked to Bay Strategies, according to Hall. And Sacks said during a recent episode that he plans to ask the DeSantis campaign for the Florida governor to agree to an interview.

Persons: David Sacks, Paul Chinn, Caroline Wren, Wren, Donald Trump's, Jan, president's, Sacks, George Soros, Puck, Ron DeSantis, Peter Thiel, Ro Khanna, didn't, Joe Biden, Thiel, Elon Musk, –, Joe Lonsdale's, Julie Samuels, Samuels, DeSantis, I've, Trump, Stewart Hall, Jill Kendrick, Hall, Sen, Richard Shelby, Kendrick, Kevin McGrann, juggernaut Forbes, McGrann, John Boehner, OpenSecrets, Musk, Bari Weiss, isn't, Peter, Jason Calacanis, David Friedberg, Chamath, Robert F, Kennedy Jr, Kennedy, Biden, Nikki Haley, Calacanis Organizations: TechCrunch, Calif, San Francisco Chronicle, Hearst Newspapers, Getty Images Venture, Trump, U.S . Capitol, Republicans, Commission, Florida Gov, Twitter, GOP, PayPal, CNBC, Democratic, Microsoft, DeSantis, Purple Good Government PAC, FEC, Ron DeSantis PAC, PAC, Republican Party, Purple Good Government, Stewart, Public, Crossroads, Altria Group, Boeing, General Electric, Hearst Corp, Washington , D.C, Forbes Tate Partners, juggernaut Forbes Tate Partners, Forbes Tate, Association of Independent Mortgage Experts, United Wholesale Mortgage, SpaceX, Republican, YouTube, Biden, CNN Locations: San Francisco, Florida, Silicon, Trump, DeSantis, Puck, Washington ,, Ohio

☆ Disney CEO Bob Iger's book hints at how he'll handle company's feud with Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.

Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China

☆ New details emerge about Amazon's Ring staff spying on customers, and also reveals that 55,000 were hacked in 2019
▼ + stars: | 2023-06-01 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +8 min

It also revealed new details about incidents of Ring employees and contractors spying on customers. The FTC complaint revealed that in between June and August 2017, a male Ring employee viewed "thousands" of videos captured on Ring cameras belonging to "at least 81" women, including Ring customers and employees. More than 55,000 hack victimsPrior to the publication of Wednesday's complaint, public knowledge about Ring employees spying on customers has been known, but vague. The complaint also reveals how many people were the victims of a series of 2019 hacks, which targeted Ring customers in several high profile incidents. Between January 2019 and March 2020, the FTC said in its Wednesday complaint, "more than 55,000 U.S. customers" were the victims of hackers targeting Ring accounts.

Persons: Yarger, Ring, Elisa Jillson, Jillson Organizations: FTC, Morning, Federal Trade Commission, FTC's, Consumer Locations: Ukraine, U.S, Washington ,

☆ OPEC has not invited Reuters, Bloomberg to report on weekend policy meets
▼ + stars: | 2023-05-31 | by ( ) edition.cnn.com time to read: +2 min

OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this weekend to discuss future oil policy, according to reporters, Bloomberg and an OPEC source on Wednesday. The Reuters text journalists that cover meetings and are registered with OPEC as members of the press have not received an invite to cover the event. OPEC has also not offered accreditation to Bloomberg to cover the meeting, a Bloomberg News spokesperson said on Wednesday. Two reporters from the Wall Street Journal who regularly cover OPEC have also not received invites, people familiar with the matter said. Reporters at some other media outlets including CNBC, and pricing agencies Argus and Platts said they have received invitations to cover the meetings.

Persons: “, ”, Platts Organizations: Reuters, Bloomberg, Organization of, Petroleum, OPEC, Wall Street Journal, Financial Times, CNBC, Argus, OPEC’s Public Relations Department Locations: Vienna, OPEC, Saudi Arabia, Russia, Platts

☆ Larger Screens, Heated Seats, Sushi: Theater Owners Want You Back
▼ + stars: | 2023-05-31 | by ( Jane Margolies | ) www.nytimes.com time to read: +1 min

Theaters are installing heated lounge chairs that fully recline or have built-in trays and buttons to summon waiters. Some auditoriums now have screens on the sides as well as at the front. One outside Fort Worth built a gangplank 22 feet above an arcade floor — walk it if you dare. Another in Dobbs Ferry, N.Y., has a kitchen and lobby bar with TV screens so a customer can, say, catch the end of a ballgame before the feature starts. But they tried the Dobbs Ferry venue, part of the Look Dine-In Cinemas chain, after it opened, sharing a pizza and a salad before “80 for Brady.”“It felt like a real date night,” she said.

Persons: “, ”, Mike Polydoros, Emma Boonshoft, Brady Organizations: PaperAirplane Media, Theaters Locations: Fort Worth, Dobbs Ferry, N.Y

☆ Danny Masterson Is Convicted of Raping Two Women
▼ + stars: | 2023-05-31 | by ( Michael Levenson | ) www.nytimes.com time to read: +2 min

Another accuser, who was identified in court documents only as Christina B., said in the same statement that she was “devastated” that the jury had deadlocked on the charge that Masterson raped her in 2001 when they were in a relationship. About 20 or 30 minutes later, she felt “very disoriented,” the brief states. According to the brief, Masterson raped her after she regained consciousness on his bed. She reached for his hair to try to pull him off and tried to push a pillow into his face, the brief states. When Masterson heard a man yelling in the house, he pulled a gun from his night stand and told her not to move or to “say anything,” adding expletives, the brief states.

Persons: “, Danny Masterson, Masterson, Christina B, ”, Jen B Organizations: of Scientology, Los Angeles County, Attorney’s Office Locations: ”

☆ Adidas Starts Unloading Its Yeezy Gear, to Benefit Anti-Hate Groups
▼ + stars: | 2023-05-31 | by ( Melissa Eddy | ) www.nytimes.com time to read: +3 min

Adidas said its decision to sever ties with Ye cost the company €1.2 billion in lost sales and about €500 million in profit this year. Jonathan A. Greenblatt, chief executive of the Anti-Defamation League, which is among the groups that will benefit from the proceeds of the sale, welcomed Adidas’s decision as one fitting the complexity of the problem. But other groups noted that despite Adidas’s pledge to donate the proceeds, Ye will still make money off the sales. The Yeezy brand became a defining force in the sportswear industry and an incredibly lucrative cornerstone for Adidas. Adidas said it was considering further releases of the Yeezy inventory, but it did not give a timeline.

Persons: Ye, Gulden, Philonise Floyd, George Floyd, Jonathan A, Greenblatt, Mr, “, ”, Josef Schuster, Michael Jordan Organizations: Adidas, Keeta Floyd Institute for Social, Defamation League, Central Council of, Kanye, Nike Locations: Germany

☆ 35-year-old who makes more than $5,000/month in passive income on her best career advice: Find ‘different communities of people’
▼ + stars: | 2023-05-30 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Jen Glantz wasn't sure which career path to take when she graduated from the University of Central Florida in 2010. But outside of her professional life, Glantz noticed she was constantly being asked to be people's bridesmaid. Altogether her various income streams bring in more than $5,000 in passive income per month. You can do this by taking online courses like those on LinkedIn Learning or Udemy, taking in-person courses at a local college or university or by doing some one-on-one coaching with a professional in a skill you're looking to hone. "I learned a lot of those skills by taking online courses, a lot of them free courses that I found just to teach me the structure and the baseline."

Joele Frank said Twitter owes $830,498, comprising six unpaid invoices, plus costs for a subpoena in Twitter's lawsuit to force Musk to complete the buyout after he tried to back out. Joele Frank began working for Twitter in January 2015, according to its complaint in a New York state court in Manhattan. Many landlords, vendors and consultants have sued Twitter over unpaid bills that Musk inherited when he bought the company, before he implemented deep cost cuts. Musk has said Twitter could generate positive cash flow as soon as this quarter, despite a decline in advertising revenue. The case is JF Associates LLC v X Corp, New York State Supreme Court, New York County.

☆ Twitter cannot hide from EU rules after exit from code, EU's Breton says
▼ + stars: | 2023-05-26 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

BRUSSELS, May 26 (Reuters) - Twitter cannot run away from its obligations even after quitting a voluntary EU code of practice to tackle disinformation, EU industry chief Thierry Breton warned the company late on Friday. Companies which signed up to the code are required to provide regular progress reports with data on how much advertising revenue they had averted from disinformation actors. "Twitter leaves EU voluntary code of practice against disinformation. You can run but you can't hide," Breton said in a tweet. Twitter, which no longer has a public relations department, responded to an emailed request for comment with a poop emoji.

☆ They Knew Little About Oysters. Now They Have a Farm With 2 Million.
▼ + stars: | 2023-05-26 | by ( Heather Senison | ) www.nytimes.com time to read: +1 min

They’re installing an oyster automat outside the warehouse to sell boxes of Little Rams and shucking gear, and plan to bottle their homemade oyster sauce. It’s not every day that a couple shows up from Brooklyn and elbows their way in with folks who grew up clamming. They joined the Long Island Oyster Growers Association, where Ms. Bassett helps with public relations and marketing. Phil Mastrangelo, 57, part owner of the Oysterponds Shellfish Company in Orient, one of the biggest farms on Long Island with 10 million oysters, said the wife-and-wife team’s marketing has benefited others. 1 oyster in the world and it’s good for them to be promoting the region again,” he said.

☆ ‘Succession’ Style, Episode 9: The Funeral
▼ + stars: | 2023-05-21 | by ( The Styles Desk | ) www.nytimes.com time to read: +1 min

This article contains spoilers for Episode 9 of the final season of “Succession.”We knew it was coming: the funeral service for Logan Roy. After several episodes of planning and maneuvering, the Roy children finally have the chance to ceremonially mourn their father. The funeral guests wore black, and the Roy children stuck to the dress code. Because his immediate observation upon seeing Marcia at Logan’s funeral — “Marcia’s looking chic” — is something one of us would definitely say, if we didn’t already say it during her one (one!) Although we wouldn’t be so, uh, crude about it.

☆ JPMorgan, ex-executive spar in court over responsibility for Epstein
▼ + stars: | 2023-05-19 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

JPMorgan wants Staley to cover some or all damages it might face in lawsuits brought by Epstein's accusers and the U.S. Virgin Islands over its ties to Epstein. The lawsuits accuse the bank of aiding in Epstein's sex trafficking by keeping him as a client from 1998 to 2013, the last five years after he pleaded guilty to a Florida prostitution charge. Had Staley "observed his obligations, Epstein would not have been a client," said Leonard Gail, a lawyer for JPMorgan. Staley, who later served as Barclays Plc's (BARC.L) chief executive, has expressed regret for befriending Epstein but denied knowing about his crimes. Epstein died in a Manhattan jail cell in August 2019 while awaiting trial for sex trafficking.

☆ Anheuser-Busch loses top LGBTQ+ rating over its Bud Light response
▼ + stars: | 2023-05-19 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

New York CNN —Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. Bud Light sales dropped in the ensuing weeks. Bud Light has been embroiled in controversy since April. But Bud Light hasn’t gotten the benefit of support for its initial deal with Mulvaney because of its subsequent reaction. During the discussion, he mentioned that Bud Light is just one brand within the company’s broad portfolio, which has not changed its full-year outlook.

☆ For Gen Z, Playing an Influencer on TikTok Comes Naturally
▼ + stars: | 2023-05-17 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: +1 min

Rachel Aaron, a 24-year-old who works in public relations in New York, recently dressed up for a work event at Bloomingdale’s. In the era of “get ready with me” videos on TikTok, it was a golden opportunity to create content. Ms. Aaron, who has just 3,300 followers on TikTok, filmed herself chatting to the camera while selecting a black Skims dress, a blazer and a belt. Her post garnered a few hundred views and some favorable comments like “Slay mamas.”Ms. Aaron is not a major social media star, nor is she a celebrity. Among the links is her Poshmark page, where she resells her clothing.

This year, advertisers and ad agencies may well use the strike as a bargaining tool, said Erin Firneno, vice president of business intelligence for researcher Advertiser Perceptions. The writers’ strike, which has entered its third week, is also injecting a new element of uncertainty for ad buyers, at a time when television viewership is declining and the possibility of recession looms. While the TV networks have long contended with splintered viewership amid the rise of social media and streaming, the writers' strike puts content production at risk, said Rishad Tobaccowala, a former executive at advertising and public relations giant Publicis Groupe and advisor on business transformation. Last year, NBC’s upfront presentation emphasized star power as the network returned to a live event after a COVID-19-imposed hiatus. Ahead of the upfront presentations, media executives sought to reassure investors about the strike’s impact.

☆ A Japanese millennial could soon be a billionaire after shares of his AI-powered matching service for companies surged nearly 50% this year
▼ + stars: | 2023-05-16 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Shunsaku Sagami, the founder, and CEO of M&A Research Institute, is worth $950 million as of Tuesday. M&A Research Institute, which currently employs about 160 people, focuses on companies with annual sales of up to 500 million Japanese yen, or $3.7 million. M&A Research Institute doesn't charge any fees until a transaction is closed. Other M&A consultancies charge retainer fees that can reach tens of millions of yen — even if the deal doesn't eventually close, M&A Research Institute said on its website. M&A Research Institute's share price closed 0.4% lower at 9,270 Japanese yen on Tuesday.

☆ These are the top 3 cities for new grads to launch their lives and careers: 'I can afford the house I want and the life I want'
▼ + stars: | 2023-05-15 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +9 min

1 best metro area for new grads in 2023 is the area surrounding Lubbock, Texas. Data is one thing, but what is it actually like to be a young person living in these areas? "Other cities did great in one or two areas max, but Lubbock offers the whole package," DeJohn says. Many of the clients Douglas works with are young homebuyers around her age and just out of college or grad school. "Here, I know I can afford the house I want and the life I want," she adds.

☆ Ukraine says its troops are advancing in two directions in Bakhmut suburbs
▼ + stars: | 2023-05-13 | by ( ) www.reuters.com time to read: +2 min

May 13 (Reuters) - Ukrainian troops are advancing in two directions in the eastern city of Bakhmut but the situation in the city centre is more complicated, deputy defence minister Hanna Malyar said on Saturday. Ukrainian and Russian officials both say pro-Kyiv forces have started to push back in and around Bakhmut after blunting a months-long offensive by troops loyal to Moscow that left much of the city in ruins. "Our troops are gradually advancing in two directions in the suburbs of Bakhmut ... however, the situation in the city itself is more complicated," Malyar wrote on Telegram. Much of the fighting is Bakhmut is being led by the Wagner group of mercenaries. The letter dealt with what Prigozhin says is the poor performance by regular troops on Wagner's flanks.

He had remained inside for hours after being granted bail, saying he was not being allowed to leave by security officials. It's not the security agencies, it's one man – the army chief," he said, without naming him. He has since been a vocal critic of current army chief General Asim Munir. [1/7] Security officers escort Pakistan's former Prime Minister Imran Khan, as he appeared in Islamabad High Court, Islamabad, Pakistan May 12, 2023. "The Islamabad High Court has given a two-week bail and also ordered the (anti-graft body) not to arrest Imran Khan during this period," another of Khan's lawyers, Faisal Chaudhry, told Reuters.

SINGAPORE, May 11 (Reuters) - If the global energy transition is to be delivered in the coming decades, the mining industry believes there is one certainty. One thing most mining and energy transition analysts agree on is that there is currently insufficient copper production to meet anticipated demand as the world moves to electric vehicles and renewable energy technologies. If this is the case, the question is then why the future price of copper is relatively flat relative to the current price. It now takes an average of 23 years from discovery of a copper resource to a producing mine, according to data shown at the conference by Michael Langford, the executive director of consultants Airguide. The industry view is that many of the people demanding an energy transition the loudest are the very same people working hardest to make it virtually impossible to produce the necessary metals.

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