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CNN —Iran state media has called for the US to be kicked out of the 2022 World Cup after the United States Soccer Federation changed Iran’s flag on its social media platforms to show support for protesters in Iran. A now-deleted graphic of the Group B standings posted on Saturday displayed the Iranian flag only bearing its green, white and red colors. “We have the main flag on our website and other places.” The emblem is currently back on the flag on US Soccer’s social media channels. A US soccer federation screenshot displaying Iran's national flag on social media without the emblem of the Islamic Republic. “No matter how much I can respect what you did inside the pitch, those remarks about Iran Culture, Iran National Team and my Players are a disgrace to Football.

"You question my character with a typical prejudiced judgment of superiority," he said in an open message to Klinsmann, in remarks shared by the Iran team. "No matter how much I can respect what you did inside the pitch, those remarks about Iran culture, Iran national team and my players are a disgrace to football." 'FAMOUS DRAMATIC DIVES'Iran's football federation said it had sought clarity from world soccer governing body FIFA and demanded Klinsmann apologise and resign from the FIFA Technical Study Group. It also invited Klinsmann to visit the Iran team's World Cup camp "for a lecture on the millennial Persian culture and the values of football and sport". Queiroz, in his earlier remarks, said Klinsmann should socialise with his team and learn how much his players loved and respected football.

☆ Bank of England's Mann sees inflation at upper end of BoE forecasts
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +1 min

LONDON, Nov 24 (Reuters) - Bank of England policymaker Catherine Mann said on Thursday that she expected inflation would be at the upper end of the range of forecasts published by the central bank earlier this month. BoE forecasts on Nov. 3 showed that under the median path for inflation in the central bank's model, inflation in two years' time should be below its 2% target. But the BoE's 'fan chart' - which puts error bands around these inflation forecasts - showed a 28% chance that inflation would still be above 3% at that point. "I can tell you that I am in the upper part of that fan, by a lot," Mann said in a presentation at a central banking conference hosted by King's College London. Mann added that she still thought sterling carried a political risk premium, contributing to its weakness against the dollar.

☆ Credit Suisse shareholders greenlight $4.2 billion capital raise
▼ + stars: | 2022-11-23 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021.Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc ($4.2 billion) capital raise aimed at financing the embattled lender's massive strategic overhaul. Credit Suisse's capital raising plans are split into two parts. The new share offering will see the SNB take a 9.9% stake in Credit Suisse, making it the bank's largest shareholder. The second capital increase issues newly registered shares with pre-emptive rights to existing shareholders, and passed with 98% of the vote. Credit Suisse Chairman Axel Lehmann said the vote marked an "important step" in the building of "the new Credit Suisse."

☆ Credit Suisse shareholders approve 4 billion Swiss franc capital raise
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +1 min

ZURICH, Nov 22 (Reuters) - Credit Suisse (CSGN.S) shareholders approved on Wednesday a 4 billion Swiss franc ($4.20 billion) share capital hike intended to fund the embattled Swiss bank's turnaround. Some 92% and 98% of shareholders at an extraordinary general meeting supported the two share capital increases which were first proposed last month under the scandal prone bank's restructuring plan. "Today’s vote by shareholders marks a further important step in our journey to build the new Credit Suisse" chairman Axel Lehmann said after Wednesday's result. "This vote confirms confidence in the strategy, as we presented it in October, and we are fully focused on delivering our strategic priorities to lay the foundation for future profitable growth," he addedThe approval comes after Credit Suisse on Wednesday also announced it expects to make a pre tax loss of up to 1.5 billion Swiss francs ($1.58 billion) during its fourth quarter, saying the "challenging" economic and market environment had had an adverse effect on client activity across its businessTo fund an overhaul which will see the Swiss bank cut thousands of jobs and scale back its investment bank, Credit Suisse had drawn up a plan that would give new and existing shareholders the chance to buy new shares. ($1 = 0.9520 Swiss francs)Reporting by Noele Illien, Editing by John RevillOur Standards: The Thomson Reuters Trust Principles.

☆ ECB's Holzmann says leaning towards a 0.75% rate hike as things stand
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: 1 min

VIENNA, Nov 22 (Reuters) - European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote at the next rate-setting meeting in December but unless there is a significant improvement he will favour an increase of 0.75 points. Holzmann told a news conference he could not decide between 0.5 points and 0.75 points but as things currently stood he preferred the latter. Reporting by Francois Murphy; Editing by Frank Jack DanielOur Standards: The Thomson Reuters Trust Principles.

☆ If the world avoids a recession, it’ll have India and China to thank
▼ + stars: | 2022-11-22 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN Business —Global growth will slow further in the coming year but the world will likely avoid a recession thanks to Asia’s biggest economies. “Persistent inflation, high energy prices, weak real household income growth, falling confidence and tighter financial conditions are all expected to curtail growth,” it added. If energy prices rise further or energy supply is disrupted, growth could be even weaker than expected. India is projected to have the world’s second highest growth rates, after Saudi Arabia, at 6.6% in 2022, followed by 5.7% in 2023. “Higher interest rates, while necessary to moderate inflation, will increase financial challenges for both households and corporate borrowers,” the OECD said.

☆ Europe to be hit hardest in global slowdown -OECD
▼ + stars: | 2022-11-22 | by ( Leigh Thomas | ) www.reuters.com time to read: +3 min

The OECD said the global slowdown was hitting economies unevenly, with Europe bearing the brunt as Russia's war in Ukraine hits business activity and drives an energy price spike. Previously the OECD had expected 0.2% growth. The OECD had previously expected growth of only 1.5% this year in the world's biggest economy and its estimate for 2023 was unchanged. China, which is not an OECD member, was one of the few major economies expected to see growth pick up next year, after a wave of COVID lockdowns. As tighter monetary policy takes effect and energy price pressures ease, inflation across OECD countries was seen falling from more than 9% this year to 5.1% by 2024.

☆ UK economy is lagging substantially behind other developed nations, OECD report says
▼ + stars: | 2022-11-22 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Aaron Chown - Pa Images | Pa Images | Getty ImagesLONDON — U.K. growth has lagged the world's biggest economies since the Covid-19 pandemic and is substantially below the OECD average, according to a new report from the influential Paris-based group. In the G-7 nations — which includes Canada, France, Germany, Italy, Japan, the U.S. and U.K. — GDP has grown by a cumulative 2.5%, with only the U.K. recording a decline. Former Bank of England policymaker Michael Saunders this week told CNBC Hunt's plan had a "massive" hole where an economic growth strategy should be. 'Light at the end of the tunnel'Tuesday also saw the release of the OECD's global Economic Outlook report. Pereira told CNBC: "We are facing a very challenging environment.

The GVA includes any type of shooting in its analysis including domestic violence, shootings in private homes, gang violence among others. The GVA recorded 610 multiple victim shootings in 2020 and 690 last year, when the pandemic was already easing and the pace of deadly violence increased across the United States. It has been keeping a tally of mass shootings since 2014, when it recorded 273. The GVA counts injuries and deaths in each incident. “Scary to think that in 2016 we recorded 382 mass shootings and now we will probably end 2022 with an estimated 680 mass shootings,” said Herrmann, who based his estimate on the fact that there has been an average of 13 mass shootings a week this year.

☆ Penguin Random House scraps $2.2 bln deal to merge with Simon & Schuster
▼ + stars: | 2022-11-21 | by ( Gabriel Araujo | ) www.reuters.com time to read: +3 min

REUTERS/Stefan Wermuth/File PhotoWASHINGTON, Nov 21 (Reuters) - Penguin Random House, the world's largest book publisher, and rival Simon & Schuster have scrapped a $2.2 billion deal to merge, Penguin owner Bertelsmann (BTGGg.F) said in a statement. But Bertelsmann said in a statement on Monday that it "will advance the growth of its global book publishing business without the previously planned merger of Penguin Random House and Simon & Schuster." Paramount said on Monday that Simon & Schuster was a "non-core asset" to Paramount. Penguin writers include cookbook author Ina Garten and novelists Zadie Smith and Danielle Steele, while Simon & Schuster publishes Stephen King, Jennifer Weiner and Hillary Rodham Clinton, among others. The top five publishers are Penguin Random House, HarperCollins, Macmillan, Simon & Schuster and Hachette, with Walt Disney Co (DIS.N) and Amazon.com Inc (AMZN.O) also in the market.

☆ Monday.com is restructuring over half of its workforce amid an exec shake-up
▼ + stars: | 2022-11-21 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +3 min

The firm is restructuring, and all customer-facing teams will now report to Osherov. The move comes at a critical time as Monday.com looks to strengthen customer ties amid the downturn. Over half of the company will be restructured to be under his new leadership role, Monday.com told Insider. As CRO, Osherov will oversee all customer-facing teams, including consulting and sales, customer experience, marketing, customer success, and partners. The main motivation behind the restructuring is to bring all customer-facing teams under one umbrella so they can more easily collaborate.

☆ Iowa GOP threatens to move caucuses to Halloween to mess with Democrats
▼ + stars: | 2022-11-20 | by ( Natasha Korecki | Natasha Korecki Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

But if a different state were to move into Iowa’s slot for Democrats, Kaufmann said he will make sure he keeps jumping so Iowa’s Republican caucus goes first. Kaufmann’s position could complicate the overall schedule even more since New Hampshire has a law on the books that it has to hold its primary just after Iowa’s caucuses. That old system began with the Iowa caucuses, then went to the New Hampshire primary, Nevada and South Carolina. Dozens of states have now applied to take one of the early state positions. The Democratic National Committee’s rules and bylaws committee is scheduled to meet in early December in Washington to discuss the presidential primary schedule.

☆ The big new Exxon Mobil climate change deal that got an assist from Joe Biden
▼ + stars: | 2022-11-19 | by ( Tim Mullaney | ) www.cnbc.com time to read: +7 min

The law may help oil companies like ExxonMobil build profitable businesses to replace some of the revenue and profit they'll lose as EVs proliferate. Maybe, if carbon capture and storage is indeed as big a deal as ExxonMobil's first-of-its-kind deal to extract, transport and store carbon from other companies' factories implies. Could it be that Big Oil's next big thing got a big assist from Joe Biden? An industrial facility on the Houston Ship Channel where Exxon Mobil is proposing a carbon capture and sequestration network. And big oil and gas companies are where the expertise is."

"It was like a bomb went off in that place," Patrick Hillmann, Binance CSO, told CNBC on Thursday. It was money that FTX didn't have, because it was using client deposits for other purposes. "Somehow they were always spending more and more and more and more money," Hillmann said. Hillmann said that early on there were some concerns with FTX and its unsavory relationship with Alameda Research, Bankman-Fried's hedge fund. WATCH: Binance decided FTX was beyond saving after two-hour review of balance sheet

☆ Sports-Teams may look beyond crypto after FTX collapse, say industry experts
▼ + stars: | 2022-11-14 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +3 min

Nov 14 (Reuters) - Sports teams and businesses may shy away from long-term deals with crypto firms to minimise their risks after troubled crypto exchange FTX filed for U.S. bankruptcy protection last week, industry experts told Reuters on Monday. "I think crypto will be at the bottom of prospect lists for quite some time. Until that industry stabilises and has better oversight and controls -- if it happens -- then maybe it might be a viable partner." "As it relates to increasing sponsorship revenue, teams/leagues are always looking for new opportunities, but what's happening with FTX is a wake-up call." Singapore-based crypto exchange Crypto.com said on Monday it had moved about $1 billion to FTX over the course of a year, but most of it was recovered and exposure at the time of FTX's collapse was less than $10 million.

☆ Sign-language interpreter says he was ousted from job on Broadway's 'The Lion King' because he is white
▼ + stars: | 2022-11-13 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Wann said he was asked to not intrepret 'The Lion King' Broadway show in April because he is white. "To me, just seeing that discrimination, it doesn't matter if I'm white or black," Wann said. According to the lawsuit, Carling asked Wann and another white interpreter, Christina Mosleh, to step down from the show so TDF could replace them with Black sign-language interpreters. "To me, just seeing that discrimination, it doesn't matter if I'm white or Black," Wann said, the New York Post reported. Wann's career as a Broadway interpreter spans a decade.

CIA officer Johnny "Mike" Spann. Tyson tried to come to his aid after hearing Spann call his first name, and found four men on top of Spann, Tyson said. “But when it mattered, he ran towards his comrade — Mike Spann. Having already lost her husband to the war, Spann said the chaotic U.S. exit from Afghanistan and its aftermath have been incredibly painful to watch. Nutsch is part of the group now working to help former Afghan allies escape the Taliban.

The company will be a preferred long-term partner for Credit Suisse, the bank has said. Credit Suisse declined to comment beyond Lehmann's remarks Oct. 27 when the bank unveiled the restructuring. The investment bank spin-off and the sale of the securitized products unit to Apollo are key planks of the reorganization. Klein, a 59-year-old former Citigroup rainmaker who runs advisory boutique M. Klein & Co, has been a Credit Suisse board member since 2018. Klein and Credit Suisse also have discussed combining M. Klein & Co into CS First Boston, according to one source familiar with the discussions.

☆ ECB's Holzmann says he doesn't know how he'll vote at December meeting
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: 1 min

VIENNA, Nov 11 (Reuters) - European Central Bank policymaker Robert Holzmann said on Friday he does not yet know how he will vote at the ECB's rate-setting meeting in December and the exact decision would depend on data, especially the central bank's economic forecasts. "Everything is possible - that we keep going with (a) 0.75 (% increase) but equally that we perhaps will limit ourselves to 0.5. It is all open, everything is possible but it will depend on our forecasts," Holzmann, who is governor of the Austrian National Bank, told an economic reporters' club in Vienna. Reporting by Francois Murphy; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

☆ 7 best dog harnesses to shop in 2022, according to experts
▼ + stars: | 2022-11-10 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +11 min

Dog harnesses versus collars: Which one is best? Best dog harnesses to shopBelow, we compiled expert-recommended back- and front-clip dog harnesses that can work with your dog’s training, demeanor and size. Best dog harness overall: Wild One“This harness looks good, is well constructed and comes with really nice matching leashes,” Haussmann said. Best adjustable dog harness: WildebeestWildebeest’s no-pull dog harness — which Haussmann said is both functional and durable — offers four highly adjustable straps along with a single buckle to easily get it on or off, according to the brand. , a certified dog trainer and co-founder of dog training service Dogboy NYC.

☆ A16z-backed financial wellness benefits provider Brightside raises $33 million in Series B funding with plans to hire hundreds of employees
▼ + stars: | 2022-11-10 | by ( Emilia David | ) www.businessinsider.com time to read: +3 min

Brightside works with employers to provide financial wellness benefits to employees. Brightside, which sells its financial wellness platform to businesses for use as an employee benefit, is currently based in Arizona and only serves US businesses. The latest round brings Brightside's total funding to $75 million, after a $35.1 million in Series A funding round in June 2020. Financial wellness became a big topic for employees as companies aim to provide more benefits to entice them to stay. And roboinvestment company Betterment hinted at looking to acquire financial wellness companies as it seeks to expand beyond investment.

☆ Migrant rescue ship refuses to leave Italy port in standoff with Meloni
▼ + stars: | 2022-11-07 | by ( Associated Press | ) www.nbcnews.com time to read: +6 min

The captain of a charity-run migrant rescue ship refused Italian orders to leave a Sicilian port Sunday after authorities refused to let 35 of the migrants on his ship disembark — part of directives by Italy’s new far-right-led government targeting foreign-flagged rescue ships. On Sunday, Italy ordered the Humanity 1 to vacate the port of Catania after disembarking 144 rescued migrants, including with children, more than 100 unaccompanied minors and people with medical emergencies. “Free all the people, free them,″ Italian lawmaker Aboubakar Soumahoro said in an emotional appeal directed at Meloni from the Humanity 1 rescue ship. Aboard the Humanity 1, doctors in Italy identified people needing urgent medical care after the ship’s doctor refused to make a selection, said SOS Humanity spokesman Wasil Schauseil. SOS Humanity said it plans to file a civil case in Catania to ensure that all 35 survivors on board have access to formal asylum procedures on land.

☆ The Powerball jackpot is $1.9 billion only if you take the annuity. Here's why the lump sum may be overrated
▼ + stars: | 2022-11-07 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

It's hard to imagine what it would be like to win Powerball's $1.9 billion prize. "The curse of the lottery losers is very real," said Andrew Stoltmann, a Chicago-based lawyer who has represented several recent lottery winners. One of the very first decisions a winner must make — whether to accept the jackpot as a lump sum or as an annuity — often ends up being their downfall, Stoltmann said. The upfront cash option — which most jackpot winners choose — for this drawing is $929.1 million. Still, "over 90% of winners take the immediate lump sum," Stoltmann said.

☆ 'Big Short' trader Greg Lippmann shares 4 things investors may be missing about this downturn and how he has adjusted his portfolio in response
▼ + stars: | 2022-11-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Greg Lippmann says inflation will be difficult to tame and may be at 3.5% to 4% for some time. His somewhat contrarian view starts with the belief that taming inflation won't be as easy as many expect. Lippmann estimates that in the intermediate term, inflation is going to reach anywhere between 3.5% to 4%. Second, it's going to keep rates higher for longer, which means that the debt expense of companies is going to go up. So we have among the highest yielding portfolios we've ever had and from a ratings perspective, the safest portfolio we've ever had."

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