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The new portals, equipped with high-speed cameras, will take hundreds of pictures of every passing locomotive and rail car. Unlike previous versions, these new inspection portals will be able to capture all sides of a train that passes through them with well-lit images. University of Delaware professor Allan Zarembski, who leads the Railroad Engineering and Safety Program there, said it's significant that Norfolk Southern is investing in so many of the portals. The Atlanta-based railroad didn't say how much it is investing in the technology it worked with Georgia Tech to develop. That crash put the spotlight on railroad safety nationwide and prompted calls for reforms.

Persons: carmen, Allan Zarembski, David Clarke, ” Clarke, “, Norfolk, We’re, John Fleps, Alan Shaw's Organizations: Norfolk Southern, Rail, University of Delaware, Railroad Engineering, Safety, CSX, University of Tennessee’s Center for Transportation Research, Georgia Tech Locations: OMAHA, Neb, Norfolk, Ohio, Leetonia , Ohio, East Palestine, Atlanta, Palestine

☆ The race to create the 'Amazon of real estate' could change home buying forever
▼ + stars: | 2023-10-25 | by ( James Rodriguez | ) www.businessinsider.com time to read: +14 min

But after years of trying, the basic structure of buying and selling a home remains pretty much the same. Even if you accept a bit of intricacy, real estate remains a stodgy industry — and regulation is at the core of that resistance to change. Despite the best efforts of would-be disruptors to cut out this middleman, 88% of buyers this year enlisted a real-estate agent, a Zillow survey found. Short of a tech-enabled homebuying nirvana, there are some other changes that could make the process easier for consumers. Saul Klein, an early internet evangelist in the real-estate industry, told me he sees an approaching "paradigm shift."

Persons: that's, you'll, they're, it's, Mike DelPrete, Rob Hahn, DelPrete, aren't, they'd, pocketing, —, ClosingCorp, we're, John Berkowitz, hasn't, Berkowitz, They're, Bobby Bryant, Bryant, Rich Barton, Wendy Gilch, Gilch, Saul Klein, Klein, James Rodriguez Organizations: Companies, University of Colorado Boulder, National Association of Realtors, Ojo, Group Inc, Universal Locations: Washington, California, Georgia

The company also approved a $10 billion share repurchase program that will be funded through short and long-term debt. But profit at RTX's Collins Aerospace unit, which deals with commercial aftermarket service, rose 22% to $903 million. RTX reported an overall third-quarter adjusted profit of $1.25 per share, beating Wall Street estimates of $1.21, according to LSEG data. The company now expects reported sales of $68.5 billion, up from about $67.5 billion, and adjusted sales of $74 billion, up from $73 billion. Adjusted earnings per share - previously projected to be $4.95 to $5.05 - are now expected to be between $4.98 and $5.02.

Persons: Benoit Tessier, Pratt, Whitney, RTX, Neil Mitchill, Pratyush Thakur, Mike Stone, Valerie Insinna, Krishna Chandra Eluri, Mark Potter Organizations: Raytheon Technologies Corporation, International Paris Air, Le, REUTERS, Collins Aerospace, Reuters, RTX, RTX's Collins Aerospace, Wall, Intelligence, Services, Raytheon, Thomson Locations: Le Bourget, Paris, France, Arlington , Virginia, Bengaluru, Washington

☆ A JetBlue plane tipped backwards, its front wheel off the ground, while passengers were getting off at JFK
▼ + stars: | 2023-10-24 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

A JetBlue plane tilted back with its nose in the air as passengers got off, the airline said. A passenger said it tilted when around half the passengers were off, and its tail hit the ground. AdvertisementAdvertisementA JetBlue plane tipped backwards, with its nose in the air and its front wheel off the ground, after landing at New York's John F. Kennedy International Airport. JetBlue said in a statement that the plane tilted back "due to a shift in weight and balance" while passengers were getting off, the Associated Press reported. At that stage, "the plane abruptly tipped backwards so quickly and so intensely that the tail of the plane hit the pavement of the jet bridge and part of the plane door broke."

Persons: —, John F, TikToker, Sinead Bovell, Bovell Organizations: JetBlue, Service, Kennedy International Airport, Associated Press, AP, Port Authority of New, CNN Locations: —, New York, Bridgetown, Barbados, Port Authority of New York, New Jersey

But days later, Lamdani was left to identify the bodies of her relatives at a makeshift morgue in the southern city of Khan Younis. "They told us to evacuate your place and go to Khan Younis because it is safe... Lamdani's family was staying at a temporary shelter in Khan Younis when she said: "At 4.30 a.m. "But, ultimately, Hamas has entrenched itself among the civilian population throughout the Gaza Strip. At one United Nations school in Khan Younis, Nasser Abu Amer, his wife and eight children, said they were desperate for food and water.

Persons: Family, Dima Al, Lamdani, Khan Younis, Dima Allamdani, U.N, Fahrettin Koca, Nasser Abu Amer, Amer, Dan Williams, Aidan Lewis, Jan Strupczewski, Michael Georgy, Janet Lawrence Organizations: Hamas, IDF, Israel Defense Forces, European Union, Health, United Nations, Thomson Locations: Gaza City, Rafah, Egypt, GAZA, Beach, Khan, Gaza, Palestinian, Israel, EGYPT, Israeli, Turkey

☆ UN aid chief says second aid convoy for Gaza could lead to sustained relief
▼ + stars: | 2023-10-21 | by ( Aidan Lewis | ) www.reuters.com time to read: +3 min

An aid truck arrives at a UN storage facility as the conflict between Israel and Palestinian Islamist group Hamas continues, in the central Gaza Strip October 21, 2023. REUTERS/Mohammed Salem Acquire Licensing RightsCAIRO, Oct 21 (Reuters) - The United Nations is hoping a second convoy of trucks will be sent into Gaza on Sunday under a light inspection system that will allow relief deliveries to scale up into next week, its humanitarian chief said. A first convoy of 20 trucks arrived in Gaza through the Rafah crossing with Egypt on Saturday, but efforts to deliver supplies to the besieged enclave have been held up by Israeli demands to verify aid. "It's incredibly important that there is no gap in the aid going across the border," he said. It says aid can enter through Egypt as long as supplies do not end up in the hands of Hamas.

Persons: Mohammed Salem, Joe Biden, I've, Martin Griffiths, Griffiths, Aidan Lewis, Toby Chopra Organizations: Hamas, REUTERS, Rights, United, U.S, Aid, Thomson Locations: UN, Israel, Palestinian, Gaza, Rights CAIRO, United Nations, Egypt, Cairo, Rafah, Gaziantep, Turkey, Syria

☆ Spirit Airlines cancels flights to perform 'necessary' inspection of aircraft
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

A logo of low cost carrier Spirit Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis Duvignau Acquire Licensing RightsCHICAGO, Oct 20 (Reuters) - Spirit Airlines (SAVE.N) on Friday said it has canceled a portion of its scheduled flights to perform a "necessary" inspection of a small section" of 25 planes. The ultra-low-cost carrier did not provide details of the inspections. "We apologize for the inconvenience and are working to take care of affected guests," Spirit said in a statement. Data from flight-tracking website FlightAware shows that the airline had canceled 11% of its flights on Friday.

Persons: Regis Duvignau, Rajesh Kumar Singh, Leslie Adler Organizations: Spirit Airlines, Airbus, REUTERS, Rights, Thomson Locations: Colomiers, Toulouse, France

Spirit Airlines canceled about 100 flights on Friday after pulling some planes out of service for inspections, and the airline expects the disruptions to last several days. “We’ve cancelled a portion of our scheduled flights to perform a necessary inspection of a small section of 25 of our aircraft,” Spirit said in a statement. About half of the Spirit cancellations were at Florida’s Orlando International Airport, where Spirit is the second-largest carrier. Spirit, which is based in Miramar, Florida, has canceled more than 3,600 flights this year, or 1.5% of its schedule. That is lower than the 2% cancellation rate at Frontier Airlines, a similar budget carrier, and rates for JetBlue Airways and United Airlines.

Persons: “ We’ve Organizations: Spirit Airlines, Federal Aviation Administration, ”, FAA, European, Airbus, Florida’s Orlando International Airport, Frontier Airlines, JetBlue Airways, United Airlines Locations: U.S, Miramar , Florida

The total cost of the supplemental funding request was pegged at just over $105 billion. “This budget request is critical to advancing America’s national security and ensuring the safety of the American people,” Sullivan said. He's hopeful that combining several different issues, from border security to countering China's influence, will foster a political coalition that can move the legislation forward. The White House wants roughly $14 billion to, among other things, boost the number of border agents, install new inspection machines to detect fentanyl and increase staffing to process asylum cases. The biggest line item in the supplemental funding request is $61.4 billion to support Ukraine.

Persons: Joe Biden, Jake Sullivan, ” Sullivan, Jim Jordan of, Donald Trump, Biden, Shalanda Young, we’ve, White, Israel Organizations: WASHINGTON, Democratic, Republican, Capitol, Management Locations: Israel, Ukraine, U.S, Mexico, Hamas, Jim Jordan of Ohio

☆ Spirit Airlines cancels some Friday and Saturday flights for unspecified inspections
▼ + stars: | 2023-10-20 | by ( Pete Muntean | ) edition.cnn.com time to read: +1 min

CNN —Spirit Airlines says its flight schedule could be impacted for days as it scrambles to perform “a necessary inspection of a small section of 25 of our aircraft.”As of 2:45 p.m. EDT, the ultra-low-cost carrier has canceled 98 flights, or 11% of its schedule for Friday, according to flight tracking site FlightAware. The site also showed that Spirit has canceled another 81 flights, or 9% of its schedule, on Saturday. “While this action is being taken out of an abundance of caution, the impact to our network is expected to last several days as we complete the inspections and work to return to normal operations,” Spirit said in a statement. “We apologize for the inconvenience and are working to take care of affected guests.”Spirit has not specified the type of inspections that needs to take place, though FlightAware data shows almost all the cancellations involve Spirit’s Airbus A319 aircraft. Flights departing from airports such as Atlantic City, Hartsfield-Jackson, Nashville, Boston Logan, Baltimore/Washington, Dallas-Fort Worth, Houston Bush, Las Vegas, Los Angeles, Memphis, Orlando, Chicago O’Hare, Southwest Florida, and Tampa have been impacted.

Persons: scrambles, “, Houston Bush Organizations: CNN — Spirit Airlines, ”, Airbus, Atlantic City, Jackson, Federal Aviation Administration, CNN Locations: Atlantic, Hartsfield, Nashville, Boston Logan, Baltimore, Washington, Dallas, Fort Worth, Houston, Las Vegas , Los Angeles, Memphis, Orlando, Chicago O’Hare, Southwest Florida, Tampa

☆ Singapore to inspect Credit Suisse, others in money-laundering scandal - Bloomberg
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, August 30, 2023. Officials from Singapore's financial regulator will review documents and interview personnel from Credit Suisse and other banks within weeks, Bloomberg reported, citing people familiar with the situation. The MAS and Credit Suisse did not immediately respond to a request for comment. Singapore police in August arrested 10 foreigners as the Asian financial hub investigates one of its biggest cases of suspected money laundering, with assets worth S$2.8 billion ($2 billion) seized. Reporting by Chandni Shah in Bengaluru; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Persons: Denis Balibouse, Chandni Shah, Robert Birsel Organizations: Credit Suisse, UBS, REUTERS, Monetary Authority of Singapore, Bloomberg, MAS, Singapore, Thomson Locations: Zurich Switzerland, Bengaluru

☆ More than 14,000 licensed childcare centers in the US are behind on state-mandated inspections
▼ + stars: | 2023-10-18 | by ( Madison Hall | ) www.businessinsider.com time to read: +7 min

More than 14,000 licensed childcare facilities across the US are due for a state-mandate inspection. Inspired by Morin's video, researchers at USAFacts, a not-for-profit group owned by current Los Angeles Clippers owner and former Microsoft Executive Steve Ballmer, compiled inspection data from 148,166 licensed childcare facilities in 41 states between June and September 2023 to discover that 14,683 licensed childcare facilities across the country are behind on receiving their state-mandated inspections. As for Minnesota, its state records reflect that 85% of its childcare facilities have received an inspection recently enough to comply with state law. Tennessee, for example, requires childcare facilities to be inspected four times a year, while California only requires it once every three years. In the case of Morin's son's childcare facility, prior state inspections had already flagged it repeatedly for grossly violating the child-to-caregiver ratios.

Persons: haven't, —, Deacon, Dani Morin, Steve Ballmer, Morin, USAFacts, Amber Thomas, Thomas, you've, Katherine Glenn, Applegate, Rhett Organizations: Service, Los Angeles Clippers, Microsoft, Minnesota Department of Human Services, USAFacts, Ohio Department of, Family Services, California's Department of Social Services Locations: California, Idaho, Ohio, Minnesota, . Tennessee, Hawaii , Illinois, West Virginia , New Hampshire , Florida , Kansas , Massachusetts , Nebraska, Pennsylvania

☆ Why the housing market sucks for both buyers and sellers
▼ + stars: | 2023-10-17 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

Buyers and sellers alike complain of a market that only gets worse the longer they wait. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe slowed-down market could have impacts across the economy, forcing some potential buyers to continue renting and influencing some potential sellers to stay put. The bank remained hopeful for a turnaround but warned of more turbulence for buyers and sellers brave enough to face the market. AdvertisementAdvertisementSellers are also forced to wait and for decreasing offersMeanwhile, sellers are left waiting as well.

Persons: —, Chen Zhao, Redfin, Lawrence Talej, Yonatan Hochstein, they've, We've, Desiree Edgington, She's, Edgington, Zoe Rosenberg Organizations: Service, Wall Street, National Association of Realtors, Bank of America Locations: Richmond , Virginia, New Jersey, Kansas, zrosenberg@insider.com

☆ Russia's Lancet drone is its most effective weapon in Ukraine, and it's only getting deadlier
▼ + stars: | 2023-10-17 | by ( David Hambling | ) www.businessinsider.com time to read: +14 min

Rise of the lancetA Russian Lancet loitering munition shot down in the Zaporizhzhia region in July 2022. At first only a handful of Lancet strike videos were posted each month. Target setUkrainian soldiers shoot at what Ukraine said were Russian Lancet drones in a still image from a video released in May. AdvertisementAdvertisementAccording to Lost Armor, as of October 3 there are 667 Lancet strike videos. These are typically kept several miles back from the front line, but not far enough to be out of Lancet range.

Persons: —, Samuel Bendett, 19FortyFive, Yuriy Sak, Dmytro Smoliyenko, Crews, Bendett, Zala, David Hambling Organizations: Service, Russia, Strategic Communications, Ukrainian Armed Forces, REUTERS, Zala Aero Group, Special Operations Forces, CNA, CNAS, Lancet, Reuters, Ukraine Defense Ministry, Analysts, Publishing, Getty, Artillery, Oryx, Russia's RIA, Telegram, Vostok, Volunteer, Aviation, Forbes, The, New, Popular Mechanics, WIRED Locations: Ukraine, Zaporizhzhia, Syria, Russia, Russian, Ukrainian, German, Kyiv, Lancets, London

CHARLOTTE, N.C. (AP) — NASCAR on Monday rescinded Ryan Blaney's disqualification at Las Vegas Motor Speedway when series officials found a problem with the template used during post-race inspection. The reversal restored Blaney's sixth-place finish from Sunday's race, which had been stripped hours after the checkered flag for an alleged illegal front shock on his Ford. The disqualification dropped Blaney to last in the race and would have crippled his championship chances. We look forward to continuing the pursuit of the NASCAR Cup Series Championship.”NASCAR did not reveal what about the template used in the inspection led to the initial disqualification. Political Cartoons View All 1211 Images“Monday morning during its race weekend debrief, NASCAR discovered an issue with the damper template used for inspection.

Persons: CHARLOTTE, Ryan Blaney's, Blaney, Kyle Larson Organizations: NASCAR, Las Vegas Motor, Ford, Penske, Las Locations: N.C, Las Vegas

☆ A desperate Russia may be just what North Korea needs to finally update its ancient Air Force
▼ + stars: | 2023-10-15 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

North Korean leader Kim Jong Un visited Russia in September on his first overseas trip since 2019. The visit was seen as Russia's attempt to secure North Korean support for Moscow's war in Ukraine. For North Korea, Russia's desperation may be a chance to get help upgrading its aging air force. Korean People's Army Air and Anti-Air ForceSouth Korean troops guard a MiG-19 that a North Korean pilot used to defect in May 1996. KCNA via REUTERSGiven the North Korean air force's needs, it's easy to see Kim's visit as something of a prospective shopping trip.

Persons: Kim Jong Un, —, Vladimir Putin, Sergei Shoigu, Kim, Putin, CHOO YOUN, Antonov, Mikhail Japaridze, Kim's, Kim strode, Shoigu, Sergey Kobylash, Denis Manturov, Kim Jong Organizations: North, Service, Russian Defense, Vostochny, Amur Aircraft, Knevichi, Korean People's Army Air, Air Force South, MiG, Getty, Air Force, North Korean, Defense Intelligence Agency, DIA, KCNA, REUTERS, Kremlin Locations: Russia, Ukraine, North Korea, Korean, Russian, Moscow, Pyongyang, KONG, AFP, Soviet Union, China, Komsomolsk, Vladivostok, Japan, Korea

☆ Stocks making the biggest moves midday: Boeing, Dollar General, JPMorgan Chase, Netflix and more
▼ + stars: | 2023-10-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

On Friday, Gordon Haskett upgraded the stock to buy , saying Dollar General's latest leadership change could help stabilize the company. Wells Fargo — The bank stock gained close to 3% after Wells Fargo posted third-quarter results that beat expectations. Citigroup — Shares of the New York-based bank rose 1.4% after posting its third-quarter results . Citigroup reported $1.63 in earnings per share, or $1.52 per share, excluding the effect of divestitures. Post Holdings — Shares of the packaged food company gained 2% after JPMorgan initiated coverage with an overweight rating on shares.

Persons: Todd Vasos, Gordon Haskett, JPMorgan Chase, Wells Fargo, LSEG, JD.com, Morgan Stanley, UnitedHealth, CNBC's Hakyung Kim, Samantha Subin, Pia Singh, Tanaya Macheel, Jesse Pound Organizations: Boeing —, Boeing, JPMorgan, Revenue, LSEG, Citigroup —, Citigroup, PNC Financial, PNC, Oil, EOG, ConocoPhillips, Exxon Mobil, Progressive, Post Holdings, Netflix, Wolfe Research, Dow, United Food, Commercial Workers International Union, Hormel Locations: York, China

☆ How an alleged scammer sold fake airplane parts to United, Delta, and more — and fooled a whole industry
▼ + stars: | 2023-10-13 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

The plot involved acquiring used parts, restoring them, and then selling them with forged paperwork, according to legal and regulatory filings. AdvertisementAdvertisementGlobal airlines have been flying with fake engine parts for years — and the industry is just now finding out. United confirmed the same in September after revealing it found fake parts on its planes. How to fool an airlineWhile companies scramble to find the fake parts, investigators are trying to figure out how the scheme happened. The Federal Aviation Administration launched a voluntary audit program for suppliers after some 120 convictions involving fake parts were made between 1990 and 1996.

Persons: —, Safran, AOG Technics, AOG, Jose Alejandro Zamora Yrala, Mary Schiavo Organizations: Major, Service, TAP Air, Bloomberg, Workers, General Electric, CFM International, Airbus, Boeing, European Union Aviation Safety Agency, United, Southwest, Reuters, AOG, Wall Street, Convair, Federal Aviation Administration, FAA, Department of Transportation Locations: London, Southwest, Delta, AOG, Europe

☆ Exclusive: Star Chinese fund manager Wang detained and under investigation - sources
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

Oct 13 (Reuters) - Wang Yawei, a star fund manager in China, has been detained by authorities since August and is under investigation, according to three sources with knowledge of the matter. The 52-year-old founder of Qianhe Capital Management in Shenzhen and Top Ace Asset Management in Hong Kong is the latest high-profile Chinese business executive to be investigated or detained. His case relates to an investigation into Zhu Congjiu, a former senior official at China's top securities regulator, the sources said. Before setting up his own shop, Wang spent 14 years at China Asset Management Co (AMC), one of the country's largest mutual fund houses, as its vice-president and chief investment officer. Zhu is one of several former China Securities Regulatory Commission (CSRC) officials to come under scrutiny in recent years.

Persons: Wang Yawei, Zhu Congjiu, Wang, Zhu, Xi, Sumeet Chatterjee, Edwina Gibbs Organizations: Qianhe Capital Management, Asset Management, Communist, Central Commission, Ministry of Public Security, Qianhe, China Asset Management Co, AMC, China Securities Regulatory Commission, Shanghai bourse, Reuters, Thomson Locations: China, Shenzhen, Hong Kong, Zhejiang province

☆ US proposes $270,000 fine for joint venture GM battery plant
▼ + stars: | 2023-10-12 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/2] The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsWASHINGTON, Oct 12 (Reuters) - U.S. investigators on Thursday proposed $270,000 in fines for a General Motors (GM.N) and LG Energy Solution (373220.KS) joint venture battery plant in Ohio for safety and health violations. "The company’s focus on the future must include an emphasis on workplace safety to ensure the well-being of its employees," OSHA Area Director Howard Eberts in Cleveland said. OSHA said Ultium needs to install required machine guarding, train workers in hazardous energy control and emergency response procedures and make other changes. Since the Warren, Ohio, facility began battery cell production in August 2022, OSHA has cited the plant 11 times, the agency said.

Persons: Rebecca Cook, Howard Eberts, Warren, David Shepardson, Bill Berkrot Organizations: General Motors, REUTERS, Rights, U.S, LG Energy, Occupational Safety, Health Administration, OSHA, Ultium Cells, Thomson Locations: Detroit , Michigan, U.S, Ohio, Cleveland, Warren , Ohio

"Its permission to make products using propylene glycol (PG) is cancelled, and it is allowed to make and sell all other products." The Marion factory in Uttar Pradesh was closed in March, after an analysis last year by Uzbekistan's health ministry of two cough syrups made by Marion, Ambronol and DOK-1 Max. India's pharmaceuticals department told parliament that tests had also shown that a sample of propylene glycol (PG), an ingredient of cough syrups taken from Marion's factory contained EG. Reuters has reported that DEG and EG have been used by unscrupulous actors as a substitute for propylene glycol because they are cheaper. Uzbek state prosecutors told a court in Tashkent that distributors of the contaminated Marion syrups paid officials a bribe of $33,000 to skip mandatory testing there.

Persons: Anushree, Shashi Mohan Gupta, Gupta, Rajeev Singh Raghuvanshi, Marion, syrups, Marion syrups, Krishna N, Saurabh Sharma, Clarence Fernandez Organizations: Marion Biotech, Emenox, REUTERS, Reuters, World Health Organization, WHO, EG, Thomson Locations: Uzbekistan, Noida, India, DELHI, Uttar Pradesh, Gambia, Cameroon, Marion, Ambronol, Tashkent

☆ FIFA to 'mitigate environmental impact' of 2030 World Cup
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +1 min

Oct 9 (Reuters) - FIFA will take measures to "mitigate the environmental impact" of the three-continent 2030 World Cup, world soccer's governing body said. FIFA last week named Morocco, Spain and Portugal as hosts of the 2030 tournament, while Uruguay, Argentina and Paraguay will also host the opening matches to mark the tournament's centenary. On its website, FIFA highlighted the fact that just three games would be played in South America, adding: "Morocco, Portugal and Spain will be the hosts of the FIFA World Cup 2030. "FIFA will take all required measures to mitigate the environmental impact of the FIFA World Cup. FIFA also confirmed that Uruguay, Argentina and Paraguay would automatically qualify for the tournament, meaning six out of 48 teams have been confirmed.

Persons: it's, Aadi Nair, Christian Radnedge Organizations: FIFA, Thomson Locations: Morocco, Spain, Portugal, Uruguay, Argentina, Paraguay, South America, Bengaluru

☆ Weight-loss drugs fuel boom for firms that fill syringes
▼ + stars: | 2023-10-09 | by ( Maggie Fick | ) www.reuters.com time to read: +6 min

[1/5] Catalent's automated visual inspection systems that check every pre-filled syringe to ensure product integrity are seen, in Brussels, Belgium, 2023. Eli Lilly's (LLY.N) Mounjaro is expected to be approved for weight-loss in the United States this year. The U.S. Inflation Reduction Act is also boosting development of biologic drugs, some of which are injected. Injectables are increasingly used in elderly care settings, and some new Alzheimer's and generic arthritis drugs are administered by injection. One healthcare investor said CDMOs' ability to boost capacity will determine how fast the obesity drug market grows.

Persons: Wegovy, it's, Savant, Morgan Stanley, Eli Lilly's, Mounjaro, Chris Chen, Cornell Stamoran, Fujifilm Diosynth, Germany's Vetter, Lilly, Marc Casper, CDMOs, Luke Sergott, Catalent, Catalent's Stamoran, Maggie Fick, Patrick Wingrove, Josephine Mason, Catherine Evans Organizations: REUTERS Acquire, Pfizer, HK, Fujifilm, Fujifilm Corp, Novo, Reuters, Research, Insight Partners, Barclays, Thomson Locations: Brussels, Belgium, Handout, United States, WuXi, Europe, GLP, Anagni, Italy, Bloomington , Indiana, U.S, New York

☆ Bank of America's top 5 stocks for safety and security in a dangerous world
▼ + stars: | 2023-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Security is becoming increasingly crucial around the world, and Bank of America thinks investor portfolios can benefit from owning certain names. The bank on Monday released its "Future Security" primer, examining stocks through a lens of safety. Information security company CyberArk Software also made the list. CYBR YTD mountain CyberArk YTD "CyberArk is the clear leader within the PAM [privileged access market] market, with a robust technological moat," Liani said. TRU YTD mountain TransUnion YTD.

Persons: Felix Tran, Benjamin Netanyahu, CrowdStrike, Tal Liani, Matt Cohen, CyberArk, Liani, BofA, Heather Balsky, Tomer Zilberman, Andrew Obin, Obin, Michael Bloom Organizations: Bank of America, Israeli, Defense, U.S . Aerospace & Defense ETF, CyberArk Software, Motorola Solutions, Motorola, North, APG Locations: Israel, U.S

☆ China expels former Bank of China chairman from Communist Party
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: +2 min

The headquarters of the Central Commission for Discipline Inspection of the Communist Party of China is pictured in Beijing, China February 10, 2018. REUTERS/Jason Lee/File Photo Acquire Licensing RightsSHANGHAI, Oct 7 (Reuters) - China's ruling Communist Party has expelled the former chairman of the state-owned Bank of China from the party, accusing him of illegal activities and taking bribes, the top anti-graft watchdog said on Saturday. Liu Liange was accused of illegally granting loans and causing significant financial risks, the Central Commission for Discipline Inspection (CCDI) said in a statement on its website. Liu, born in 1961, had been working in banking and finance institutions, including in the central People's Bank of China and the Export-Import Bank of China, before he was promoted to become chairman of the Bank of China in 2019. Two weeks later, state media reported that the CCDI had opened an investigation into him on suspicion of serious violations of party discipline and laws.

Persons: Jason Lee, Liu Liange, Liu, Xi Jinping, Robert Birsel Organizations: Central Commission, Communist Party of, REUTERS, Rights, Communist Party, of China, Reuters, People's Bank of China, Export, Import Bank of, Bank of, Shanghai, Thomson Locations: Communist Party of China, Beijing, China, People's, Import Bank of China, Bank of China

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