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Companies Peloton Interactive Inc FollowNEW YORK, May 2 (Reuters) - A U.S. judge on Tuesday refused to let Peloton Interactive Inc (PTON.O) customers pursue a class action accusing the bike and treadmill maker of misleading them about the "ever-growing" size of its library of on-demand fitness classes. The decision is a victory for New York-based Peloton, because class actions can allow for greater recoveries at lower cost than when plaintiffs sue individually. According to the customers, Peloton knew this could happen, yet kept charging full price for products containing copyrighted songs by Adele, Beyoncé, Luke Bryan, Drake, Ariana Grande, Madonna, Justin Timberlake, Jay Z and other artists. Peloton settled the licensing lawsuit by the National Music Publishers' Association and 14 members in February 2020. The case is Passman et al v Peloton Interactive Inc, U.S. District Court, Southern District of New York, No.

☆ New Mexico rivers rage, fields dry after slow federal fire aid
▼ + stars: | 2023-05-02 | by ( Andrew Hay | ) www.reuters.com time to read: +5 min

REUTERS/Andrew HayACEQUIA DE LA SIERRA, New Mexico, May 2 (Reuters) - Rivers are roaring in northern New Mexico after a big snowpack. The problem is blocking water flowing from a 12,000-foot (3,660-meter) Sangre de Cristo mountain peak into the Mora Valley through earthen channels known as acequias. Sanchez, a mayordomo or water caretaker, had hoped to have Federal Emergency Management Agency (FEMA) funding to clear the ditches after the agency was given $3.95 billion to compensate communities for the 40-mile-long blaze. FEMA and other federal support has reached only a handful of the dozens of acequias that requested aid in November, said local irrigation leader Paula Garcia. "I don't think they're up to the job," said Roybal-Mack, a Mora Valley native.

REUTERS/Adrees Latif/File PhotoWASHINGTON, May 2 (Reuters) - President Joe Biden's administration will temporarily send 1,500 additional troops to help secure the U.S.-Mexico border, the Pentagon said on Tuesday, in preparation for a possible rise in illegal immigration when COVID-19 border restrictions lift later this month. Biden, a Democrat running for reelection in 2024, has grappled with record numbers of migrants caught illegally crossing the U.S.-Mexico border since he took office in 2021. The 1,500 troops could arrive at the U.S.-Mexico border by May 10, Ryder said during a briefing. U.S. military troops have been used to help secure the border during previous presidential administrations, including Republican George W. Bush, Democrat Barack Obama and Trump, who deployed thousands of active-duty and National Guard troops. Immigration advocates have criticized previous efforts to send troops to the border.

CNN —Environmental groups are suing the Federal Aviation Administration in federal court over SpaceX’s launch of its massive Starship rocket last month. ‘All kinds of environmental harm’Ahead of the launch on April 20, the FAA issued a finding that the launch would have no significant impact on its surrounding environment. Margolis told CNN that the SpaceX explosion proves the groups’ legal argument that the FAA erred in its decision-making. The FAA’s roleThe FAA licenses commercial rocket launches and gave the green light for the SpaceX launch attempt after more than a year of back-and-forth. When asked about potential legal backlash from environmental groups on Saturday, Musk was defiant.

☆ Environmental groups are suing the FAA over SpaceX's failed Starship rocket launch over Texas
▼ + stars: | 2023-05-01 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Environmental groups are suing the FAA over SpaceX's giant rocket launch in April. Debris from the Starship explosion was hurled thousands of feet from the launch pad, officials said. SpaceX's Starship rocket exploded over the Gulf of Mexico on April 20 after soaring 24 miles (39 kilometers) into the sky. The launch pad is on a remote site on the southernmost tip of Texas, just below South Padre Island, and about 20 miles from Brownsville. It was the first launch of a full-size Starship, with the sci-fi-looking spacecraft on top the huge booster rocket.

☆ FAA sued over SpaceX Starship launch program following April explosion
▼ + stars: | 2023-05-01 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

The SpaceX Starship explodes after launch for a flight test from Starbase in Boca Chica, Texas, on April 20, 2023. The groups argue that the FAA should have conducted an in-depth environmental report, known as an environmental impact statement (EIS), before ever allowing SpaceX to move ahead with its Starship Super Heavy plans in Boca Chica. Later, "based on SpaceX's preference," the lawyers wrote, the federal agency settled on using "a considerably less thorough analysis," which enabled SpaceX to launch sooner. The exact impacts of the launch on the people, habitat and wildlife are still being evaluated by federal and state agencies, and other environmental researchers, alongside and independently from SpaceX. Boca Chica land and wildlife there, namely ocelots, are also sacred to the Carrizo-Comecrudo tribe of Texas.

In the test mission, SpaceX’s Starship launched toward space atop a Super Heavy rocket booster. That could be the determining factor in how long it takes the company to get a new Starship on the launch pad. Such investigations are routine and have taken place after previous — but smaller-scale — Starship test launches in South Texas. Joe Skipper/ReutersSpaceX is not permitted to make another launch attempt of a Starship vehicle until that review is complete. NASAThe US space agency was not directly involved in the Starship flight test, but it has a major stake in Starship’s overall success.

☆ 53-year-old Tucker Carlson says 'retirement is going great so far' after his ouster from Fox News
▼ + stars: | 2023-04-26 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Tucker Carlson said "retirement is going great so far" after his ouster from Fox News. Carlson was all smiles as he rode in a golf cart alongside his wife in Florida, photos show. Tucker Carlson has broken his silence after his bombshell ouster from Fox News. "Retirement is going great so far," the 53-year-old axed star host of the conservative media powerhouse told the DailyMail.com as he left his beachside mansion in Boca Grande, Florida, on Tuesday night. "I haven't eaten dinner with my wife on a weeknight in seven years," Carlson told the news outlet.

☆ SpaceX Starship explosion ignited 3.5-acre fire and sent debris thousands of feet, U.S. Fish and Wildlife Service says
▼ + stars: | 2023-04-26 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

Debris litters the ground on April 22, 2023, after the SpaceX Starship liftedoff on April 20 for a flight test from Starbase in Boca Chica, Texas. Fish and Wildlife Service disclosed new details on Wednesday about the aftermath of last week's SpaceX Starship Super Heavy launch and mid-air explosion, including that a "3.5-acre fire started south of the pad site on Boca Chica State Park land," following the test flight. In the agency's e-mailed statement, a spokesperson for the Fish and Wildlife Service said that following the launch and mid-air explosion, "Cameron County closed Boca Chica Beach and State Highway 4 for 48 hours due to launch pad safety concerns." The road closures prevented FWS staff from "accessing refuge-owned and managed land" until mid-morning on April 22, the agency confirmed. Elon Musk's defense contractor designed its Starship Super Heavy with the ambition of taking people and supplies on a Mars mission one day.

☆ Late Zappos CEO Tony Hsieh devised a '10X' scheme to spend his wealth in the last weeks of his life. Here's how those close to him took advantage of it.
▼ + stars: | 2023-04-24 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +3 min

Former Zappos CEO Tony Hsieh died in 2020 following injuries he sustained in a house fire. Hsieh devised a scheme called "10X" that demanded achievement in multiples of ten, Forbes reported. In the last weeks of his life, the former Zappos CEO Tony Hsieh spent much of his wealth in a scheme he devised called 10X. The LLC had $10 million to fund documentary film projects, which entitled Grande to a $1 million commission. The 10X scheme sometimes caused disputes.

☆ Investor who helps manage the largest sovereign wealth fund discusses strategy and biggest fears
▼ + stars: | 2023-04-21 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +2 min

The "Government Pension Fund" as it is widely known helps back up Norway's government spending. The fund was started in 1996 after massive offshore energy reserves were discovered off Norway's coast. A big part of the fund's concentration in recent years has been on renewable energy. Right now the Government Pension Fund has a mandate to invest at least two percent of assets in renewable energy. But Tronde, who's fund has stakes in more than 9,000 companies, is not overly concerned about all these threats.

☆ Norway's wealth fund posts $84 billion quarterly profit
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +1 min

OSLO, April 21 (Reuters) - Norway's $1.4 trillion sovereign wealth fund, one of the world's largest investors, on Friday posted a 5.9% return on investment for the first quarter boosted by rising equity markets. The profit of 893 billion Norwegian crowns ($83.89 billion) contrasted with a loss of 653 billion a year earlier. The fund, which saves revenue from Norway's large oil and gas industry, received 217 billion crowns in fresh government funds during the quarter. Norway's central bank manages the fund, which owns 1.5% of all globally listed shares and has stakes in 9,200 companies. It posted a record loss of 1.64 trillion crowns last year.

☆ Universal Music Group calls AI music a ‘fraud,’ wants it banned from streaming platforms. Experts say it’s not that easy
▼ + stars: | 2023-04-18 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +5 min

New York CNN —Universal Music Group — the music company representing superstars including Sting, The Weeknd, Nicki Minaj and Ariana Grande — has a new Goliath to contend with: artificial intelligence. Artificial intelligence, and specifically AI music, learns by either training on existing works on the internet or through a library of music given to the AI by humans. That could possibly threaten UMG’s deep library of music and artists that generate billions of dollars in revenue. “However, the training of generative AI using our artists’ music … begs the question as to which side of history all stakeholders in the music ecosystem want to be on.”The company said AI that uses artists’ music violates UMG’s agreements and copyright law. Grammy-winning DJ and producer David Guetta proved in February just how easy it is to create new music using AI.

OSLO, April 12 (Reuters) - A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at Norway's $1.4 trillion sovereign wealth fund against her employer. Elisabeth Bull Daae, head of trading analytics at Norges Bank Investment Management, is suing the unit of the central bank managing the fund for 16 million crowns ($1.54 million) in compensation and damages. The central bank, which pushes the firms it invests in to have more women on their boards and to combat all forms of discrimination, denies the allegations. Or are we in front of a clear, systematic case of pay discrimination based on gender?" The lawyer representing the fund said the relationship between employee and employer had broken down despite its efforts to improve it.

☆ 130 Regal, Eastgate, and other movie theaters could close in the US — see the list of those already shuttering
▼ + stars: | 2023-04-11 | by ( Travis Clark | Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Cineworld has sought to exit its leases for 130 theaters in the US. A bankruptcy court in Texas has already approved its plan to walk away from 47 of those locations. Cineworld filed for Chapter 11 bankruptcy in September. So far, the Texas bankruptcy court overseeing the proceedings has approved the company's plan to exit 47 leases, according to court filings. The North American box office hit $7.4 billion in 2022, according to Comscore, down from over $11 billion in 2019 and 2018.

CIUDAD JUÁREZ, Mexico—Five months after leaving Venezuela, Orlando Maldonado was detained by Mexican immigration authorities near the Rio Grande, a few hundred feet from El Paso, Texas. Six hours later, he died in a fire inside a cell at a crowded detention center along with 38 other migrants, according to authorities and his relatives. The blaze started when a small group of migrants fearing that they would be deported set alight highly inflammable cell mats to protest being detained, Mexican authorities said. Private security guards and immigration officers abandoned the facility, leaving the migrants locked up as smoke filled the detention area, a surveillance video showed.

☆ 'People want to do the right thing': Why 79% of hotel guests say you should tip — but only 30% do
▼ + stars: | 2023-04-01 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

They want to do the right thing," says Diane Gottsman, an etiquette expert and owner of the Protocol School of Texas. Run your credit card at a restaurant, and your server will hand you a receipt with a "tip" line. In a recent survey from hotel software firm Canary Technologies, 79% of hotel guests said they think workers should get tips. But hotel workers in the survey said only about 30% of guests typically tip. As for a tip, you don't need to break out your wallet for directions to a nearby coffee shop, says Gottsman.

☆ Asylum seekers cross Rio Bravo into US
▼ + stars: | 2023-03-30 | by ( Dave Lucas | ) www.reuters.com time to read: 1 min

Migrants cross the Rio Bravo river with the intention of turning themselves in to U.S. Border Patrol agents, as seen from Ciudad Juarez, Mexico March 29, 2023. Dozens of migrants, mostly Venezuelan, crossed the Rio Grande on Wednesday from Mexico...moreMigrants cross the Rio Bravo river with the intention of turning themselves in to U.S. Border Patrol agents, as seen from Ciudad Juarez, Mexico March 29, 2023. Dozens of migrants, mostly Venezuelan, crossed the Rio Grande on Wednesday from Mexico into El Paso, Texas, following the deaths of dozens of migrants in a fire at a detention centre in the border city of Ciudad Juarez. REUTERS/Jose Luis GonzalezClose

☆ The killing of Americans in a Mexican border city highlights a sinister trend that US policies are making worse
▼ + stars: | 2023-03-30 | by ( Luis Chaparro | ) www.businessinsider.com time to read: +7 min

Initial reports indicated that authorities suspected that the four kidnapped Americans had been confused for Haitian migrants, whose numbers in Matamoros have increased in recent weeks. It also revealed an overlooked trend: the extreme vulnerability of the thousands of migrants who have been stuck in Mexican border towns for the past three years. "We feel like we are being kidnapped inside this city," Fedler Dominic, an Haitian migrant in Matamoros, told Insider in a phone interview. In April 2022, three migrants, including a man from Peru, were kidnapped in Nuevo Laredo, another border city. "You can't basically move from the camp," Manuel Velázquez, a Cuban migrant in Matamoros, told Insider.

☆ I Direct Music Videos — the Bigger the Artist, the More Stressful the Job
▼ + stars: | 2023-03-27 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +10 min

Courtesy of Neil FavilaMusic video director Hannah Lux Davis grew up watching TRL and always loved music videos. I took out a student loan to pay for my first two official music videos. I always loved music videos and was very passionate about them. I grew up watching MTV's music video show "TRL," and was inspired to be a director by music videos from Britney Spears, Backstreet Boys, NSYNC, Christina Aguilera, and Janet Jackson. They assume some artists get more money for a video, so they're comparing their videos to other artists' videos.

Lula departs for China this weekend, but many executives and lobby groups have traveled ahead of the president, government officials said. JBS representatives said the company aims to bolster commercial ties with China, a key trading partner. In a statement, ABPA said they are seeking recognition from Beijing that Rio Grande do Sul and Parana are free of foot-and-mouth disease without vaccination, in order to export pork with bones and pork offal. China buys 44% of Brazil's pork exports by volume and around 14% of its chicken exports, according to ABPA data for the first two months of 2023. Some 62% of Brazil's beef exports went to China last year.

☆ Chevron-chartered tanker involved in collision with sanctioned vessel in Venezuela
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +2 min

Companies Chevron Corp FollowHOUSTON, March 20 (Reuters) - A Liberia-flagged oil tanker chartered by Chevron Corp (CVX.N) had a minor collision with another vessel, the Bueno, in Venezuelan waters on Sunday, according to sources and a shipping report seen by Reuters on Monday. Incidents involving vessels, oil spills, fires and power outages are very frequent in Venezuela as state-run PDVSA's aging oil infrastructure does not receive proper maintenance and needed repairs amid U.S. sanctions on the country. Both were told by the port captain to anchor in specific positions and await inspections, according to a PDVSA shipping report. Tanker Bueno has been working for PDVSA since last year, moving oil and fuel between domestic ports under a time-charter contract. As of Monday, the Kerala had moved away from the collision site while waiting for a loading window at the Bajo Grande terminal, according to Refinitiv Eikon vessel monitoring data.

EAGLE PASS, Texas—Local officials keep a refrigerated truck to hold the bodies of migrants who drown in the currents of the Rio Grande while trying to cross the border into the U.S.Across the river, families having picnics or walking along the waterfront promenade of Piedras Negras, Mexico, say they sometimes see bodies floating by or bobbing among the reeds under a bridge. “We had times when we received four or five bodies a week,” said Hugo González , owner of Funerarias González in Piedras Negras. “At one point, there were a lot of corpses and there was nowhere to put them. We just didn’t have enough refrigerators at the funeral home.”

☆ BTS agency HYBE seeks U.S. deals after withdrawing bid for SM Entertainment
▼ + stars: | 2023-03-15 | by ( Hyunsu Yim | ) www.reuters.com time to read: +2 min

[1/2] Members of K-pop boy band BTS pose for photographs during a news conference promoting their new album "BE(Deluxe Edition)" in Seoul, South Korea, November 20, 2020. The company's efforts to expand its portfolio of music labels and fan community platforms come after HYBE on Sunday withdrew its plan to take over rival label SM Entertainment (041510.KQ) after a weeks-long battle with social media giant Kakao (035720.KS). HYBE owns multiple subsidiary labels and management companies including Ithaca Holdings, boasting a range of artists including BTS, Ariana Grande and Justin Bieber. The slowdown was largely, but not exclusively, due to the absence of BTS, who are currently on a break as a group, he said. Bang declined to comment on details of a new partnership deal with Kakao Entertainment on fan platform businesses, but added he was "personally satisfied" with the arrangement despite losing the bid to acquire SM Entertainment.

Using the U.S. government’s latest estimates, Argentina’s corn and soy yields are set to fall 29% and 33%, respectively, from the long-term trends. Corn and soy yields fell 13% and 28% below trend in 2009, respectively, and they each fell 24% in 2018. Corn and soy yields: Argentina, Brazil, USAUSAComparable U.S. drought events include 1988 and 2012, where corn yields fell a respective 28% and 24% below trend. The only other year since where corn losses came anywhere close was 1993, when extreme flooding cut corn yield by 19%. Corn yields fell more than 40% below trend in Illinois and Indiana in 2012, and in Iowa and Minnesota in 1993.

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