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☆ Wrexham offered potential dream Cup tie with Tottenham
▼ + stars: | 2023-01-30 | by ( ) www.reuters.com time to read: +1 min

Jan 30 (Reuters) - Non-league Wrexham could face a dream tie at home to eight-time winners Tottenham Hotspur in the FA Cup fifth round if they can get past Sheffield United in a replay, while Manchester City will travel to Championship (second-tier) side Bristol City. Wrexham, owned by Hollywood stars Ryan Reynolds and Rob McElhenney, played out a thrilling 3-3 draw with visiting Sheffield United on Sunday. The National League (fifth-tier) leaders were only denied a famous victory over the Championship side by a 95th-minute equaliser, forcing a replay scheduled for next month. Manchester United were handed a home tie against third-tier Derby County or fellow top-flight side West Ham United, who meet later on Monday. Brighton & Hove Albion, who knocked out holders Liverpool, will visit Championship side Stoke City.

☆ The best acne treatment for teens, according to dermatologists
▼ + stars: | 2023-01-27 | by ( Vivian Manning-Schaffel | ) www.nbcnews.com time to read: +10 min

| How to treat teen acne | What makes teen acne worse? To help you find the right products for you, we spoke to dermatologists about teen acne treatments and ingredients to look for. The best treatments for teen acne to shop, according to expertsBelow, we gathered expert-recommended face washes and spot treatments that can help improve teen acne. It’s fragrance-free, non-comedogenic and should remove any excess oil, dirt or makeup from the skin, according to the brand. Making sure to minimize or avoid ways that could make acne worse is the key to reducing breakouts, according to our experts.

“The Scorpion unit was involved,” Shelby County, Tennessee, District Attorney Steve Mulroy said Thursday at a news conference where he announced murder charges against five officers. Davis has called “heinous, reckless and inhumane,” has increased scrutiny of the city’s reliance on specialized units to suppress violent crime. This week, Davis announced a review of all of the police department’s specialized units, including Scorpion, in response to Nichols’ death. Memphis’ Scorpion unit was created in October 2021 under the police department’s Organized Crime Unit. Mayor Jim Strickland promoted the new Scorpion unit as part of the solution in his January 2022 State of the City speech.

☆ China's reopening could boost global growth — and worsen inflation
▼ + stars: | 2023-01-27 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

London CNN —China’s swift reopening after nearly three years of strict coronavirus controls could provide a much-needed boost to global economic growth, but may also stoke inflation just as it has shown signs of falling back. The revival of the world’s second largest economy — and its biggest consumer of commodities — threatens to push up global prices for fuel, industrial metals and food this year. The speed of the reopening, as well as indications that infections may have already peaked, has been surprising, analysts told CNN. Yet, if global food and energy prices start rising again, that could feed through into higher consumer prices. China’s reopening could bump up demand for agricultural goods, while the world is still in the grips of the worst food crisis in modern history.

☆ Jan. 6 Committee failed to hold social media companies to account for their role in the Capitol attack, staffers and witnesses say
▼ + stars: | 2023-01-26 | by ( Donie O'Sullivan Audrey Ash Zachary Cohen | Donie O'Sullivan | Audrey Ash | ) edition.cnn.com time to read: +9 min

But now these witnesses, along with some committee staff, are frustrated, saying the committee failed to adequately hold major social media companies to account for the role they played in the worst attack on the Capitol in 200 years. They also said the final report outlines structural issues across social media and society that need to be studied further. Jeremy Moorhead/CNNDisagreement about social media companies’ role in the Jan. 6 attack comes as 2023 looks to be a pivotal year for Silicon Valley firms in Washington, DC. “Indeed, the lack of an official Committee report chapter or appendix dedicated exclusively to these matters does not mean our investigation exonerated social media companies for their failure to confront violent rhetoric,” they wrote. “History has taught us what happens when political speech on social media companies is allowed to fester unchecked.”

SYDNEY/SINGAPORE, Jan 26 (Reuters) - China's reopened borders and renewed focus on boosting the sagging economy have brightened the deals outlook, with bankers starting to field interest for mergers, acquisitions and fundraising involving the world's second-largest economy. Chinese companies' capital markets deals slipped 44% in the same period, according to Refinitiv data. That slump crimped the fees earned by Wall Street banks and forced some of them to cut jobs, mainly those linked to Chinese deals, in the past few months. Chinese private equity activity was worth $24.1 billion in 2022, down from $57.8 billion a year before, Pitchbook data showed. "Because of opening up, we expect an uptick in overseas disposal of private equity to Chinese buyers."

Ukraine's long-running struggle with graft has taken on added significance as Kyiv battles for survival while also pursuing a bid to join the European Union. But tackling graft has become more urgent since the European Union offered Kyiv candidate member status last June, months after Russia's invasion. The Ukrainian public, exhausted by 11 months of war, was also clearly a key intended audience for the sackings and resignations. But the same poll, which included nearly a thousand respondents across government-controlled Ukraine, found that 84% trusted Zelenskiy - up from 27% a year earlier. Additional reporting by Geert De Clercq; Editing by Tom Balmforth and Mike Collett-WhiteOur Standards: The Thomson Reuters Trust Principles.

☆ The CEO of a $1.6 billion biotech says his bet on AI is paying off with faster, cheaper research that could reshape the industry
▼ + stars: | 2023-01-25 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +6 min

It has generated tons of data with AI and robots, aiming to find a better way to make drugs. For a biotech executive hoping to make something vast, Chris Gibson seems proudest in obsessing over the tiniest details. Gibson calls this the "human-y" element of research — and it's what Recursion is working hard to eliminate. What's happening in AI — and Recursion is emblematic of this — is we're at the second half of the chess board." Despite the progress in generating massive amounts of data, Recursion's leaders acknowledged that the goal of creating an approved medicine is likely still years away.

☆ A Tesla buyer says he felt 'bullied' into taking delivery of his car, meaning he missed out on a price cut of almost $10,000
▼ + stars: | 2023-01-22 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

A Tesla buyer said he felt "bullied" into taking delivery of his car earlier than he wanted to. Tun Bhothinard told Insider he paid $62,440 for a Tesla Model Y, which now costs about $10,000 less. He said Tesla agents told him he'd lose his reservation if he tried to delay delivery until January. "We tried to talk to so many people on the delivery team and everyone was just very robotic about it," he told Insider, adding he felt "bullied" into taking delivery. After "begrudgingly" taking delivery in November, price cuts were announced in December.

☆ Netflix Co-Founder Reed Hastings Transitions to Chairman Role, With Greg Peters Elevated as Co-CEO
▼ + stars: | 2023-01-20 | by ( Sarah Krouse | ) www.wsj.com time to read: 1 min

Netflix Inc. said co-founder Reed Hastings would transition from co-chief executive to executive chairman and named a new co-CEO alongside Ted Sarandos , as the company presses on with dual efforts to stoke new revenue growth. Netflix elevated longtime executive and heir apparent Greg Peters , who was key to the company’s swift launch of an ad-supported tier of service and most recently served as chief operating officer, to the co-CEO role.

☆ Here are Friday's biggest analyst calls: Netflix, Tesla, Apple, Coinbase, Tesla, Ralph Lauren & more
▼ + stars: | 2023-01-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Friday's biggest calls on Wall Street: Mizuho reiterates Amazon as buy Mizuho said it's standing by its buy rating on the e-commerce giant. Barclays upgrades Ralph Lauren to overweight from equal weight Barclays said Ralph Lauren is a "best-in-class" apparel brand. JPMorgan upgrades Regeneron to overweight from equal weight JPMorgan said it sees several positive catalysts ahead for the biotech company in 2023. JPMorgan reiterates Netflix as overweight JPMorgan said it sees growth potential after the company's strong earnings report on Thursday after the bell. JPMorgan reiterates Coinbase as neutral JPMorgan said Coinbase is a beneficiary of other company's challenges from the FTX fallout.

☆ Analysis: BOJ bullishness on wages suggests days of super-low rates are numbered
▼ + stars: | 2023-01-19 | by ( Leika Kihara | ) www.reuters.com time to read: +5 min

Kuroda likely put YCC on life support so his successor can strategise an orderly exit, said former BOJ official Nobuyasu Atago. He said the bank could raise the 0.5% yield cap to as high as 1% around mid-year and ditch negative rates by year's end. The parent of casual clothing giant Uniqlo says it will raise wages as much as 40%. "If the BOJ ends negative rates, that would widen the spread between deposit and lending rates so would definitely be positive for us," he said. With YCC creaking under market pressure, the BOJ may not be able to wait too long.

☆ Fed policymakers call for further rate hikes to beat inflation
▼ + stars: | 2023-01-18 | by ( Howard Schneider | Lindsay Dunsmuir | ) www.reuters.com time to read: +5 min

(Reuters) -Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic activity is slowing. REUTERS/Jason Reed“I just think we need to keep going, and we’ll discuss at the meeting how much to do,” Cleveland Fed President Loretta Mester said in an interview with the Associated Press. The remarks appeared to reflect a widely shared view among her fellow policymakers, most of whom as of December had penciled in a 5.00%-5.25% policy rate in coming months. Mester said that for her part she expects the Fed’s policy rate to need to go “a bit higher” than that, and stay there for some time to further slow inflation. Dallas Fed President Lorie Logan also supports a slower rate hike pace ahead because of the uncertain outlook and the need to be flexible.

"I just think we need to keep going, and we'll discuss at the meeting how much to do." The Fed's benchmark overnight lending rate currently sits in a target range of 4.25% to 4.50%. Investors expect the Fed to lift that rate by a quarter of a percentage point at the end of its Jan. 31 -Feb. 1 meeting. Several Fed officials have expressed support for slowing to quarter-percentage-point rate increases so as not to slow the labor market more than necessary. The answer may in part be found in the latest "Beige Book" report published by the Fed on Wednesday.

☆ Israel Supreme Court tells Netanyahu he must fire minister
▼ + stars: | 2023-01-18 | by ( Maayan Lubell | ) www.reuters.com time to read: +3 min

[1/4] Interior and Health Minister Aryeh Deri gestures as he sits next to Israeli Prime Minister Benjamin Netanyahu at a weekly cabinet meeting at the Prime Minister's office in Jerusalem, January 8, 2023. REUTERS/Ronen Zvulun/PoolJERUSALEM, Jan 18 (Reuters) - Israel's Supreme Court ordered Prime Minister Benjamin Netanyahu on Wednesday to remove a senior minister over a past tax fraud conviction, in a setback for the new right-wing coalition government. The 10-to-one ruling on Shas party leader Aryeh Deri looks likely to further stoke tensions between the Cabinet and Israel's Supreme Court over government reform plans which aim to rein in the top court. "Most of the judges have determined that this appointment is extremely unreasonable and thus the prime minister must remove Deri from office," said a court summary of the ruling. Political watchdogs had appealed to the Supreme Court to order Netanyahu to strike down Deri's appointment given his recent conviction as well as past offences.

☆ My Nickelodeon show 'Ned's Declassified School Survival Guide' was the high-point of my career at only 15. I'm 31 now and still trying to figure out Hollywood and adulting.
▼ + stars: | 2023-01-17 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +6 min

Devon Werkheiser was the star of Nickelodeon's "Ned's Declassified School Survival Guide" in 2004. A version of "Ned's" in high school was pitched (our show was specifically about middle school) to Nickelodeon, but they passed on it. When I started going in for more dramatic roles on bigger movies and shows, I'd never be right for the part. The next level I'd been trying to get to career-wise wasn't happening, and then my personal life wasn't a walk in the park either. or "Where's 'Ned's' guide to adulting?"

☆ Explainer: How does Japan's yield curve control work?
▼ + stars: | 2023-01-16 | by ( Leika Kihara | ) www.reuters.com time to read: +4 min

TOKYO, Jan 16 (Reuters) - The Bank of Japan's yield curve control (YCC) is under fierce market attack, as investors test the bank's commitment to capping bond yields with inflation above the BOJ's target. When the central bank had gobbled up half the bond market, it was hard to commit to buying at a set pace. YCC allowed the BOJ to buy only as much as needed to achieve its 0% yield target. The bank has tapered bond buying in times of market calm to lay the groundwork for an eventual end to ultra-easy policy. But markets may force the BOJ to relent, breaching the 10-year yield cap on Friday - before massive BOJ bond buying brought the rate back down.

☆ Analysis: Bank of Japan's yield curve control in danger as policy backfires
▼ + stars: | 2023-01-16 | by ( Leika Kihara | ) www.reuters.com time to read: +6 min

In a sign of its resolve to defend the yield cap, the BOJ on Monday announced plans to conduct additional, emergency bond-buying. To be sure, with global commodity prices falling, private analysts agree with Kuroda that inflation will slow back toward the BOJ's target later this year. It's better to remove the 10-year yield target, but overhauling YCC would raise questions of accountability." Data on Friday will likely show Japan's core consumer prices rose 4.0% in December, double the BOJ's target and a fresh 41-year high, a Reuters poll showed. "If markets continue to ask more from the BOJ, YCC may not last that long."

☆ Tesla cuts prices in the U.S. and Europe to stoke sales after lackluster year-end deliveries
▼ + stars: | 2023-01-13 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

The Tesla Model Y (left) and Model 3 electric cars at the company's official launch event in Bangkok on Dec. 7, 2022. The Model Y is categorized by some as an SUV and others as a crossover. However, the move in the U.S. may help Tesla qualify for more federal EV tax credits, and stoke sales volume here and abroad, after competition and interest rates increased. In Europe, Tesla cut prices on its Model 3 and Model Y vehicles in Austria, France, Germany, the Netherlands, Norway, Switzerland and the U.K.Reuters reported that in Germany, Tesla cut prices on the Model 3 and the Model Y from 1% to around 17%, depending on the configuration. Tesla's Model 3 was the bestselling electric vehicle in Germany in December 2022, followed by the Model Y.

☆ Protesting Tesla China buyers vow more pressure over price cuts they missed
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +4 min

[1/4] Tesla owners unhappy with the U.S. carmaker's price cuts discuss their situation at a Tesla delivery centre in Shanghai, China January 10, 2023. Similar protests by Tesla owners have sprung up in cities including Henan, Wuxi and Hangzhou in recent days, according to owners and social media posts. Tesla has faced online backlash over previous price cuts in China before but nothing as widespread as the current spontaneous protests. "We trusted the brand so much that we cancelled our orders for other brands for Tesla," said Yu, who stayed with a group of about 25 protesters at the Tesla Shanghai facility late into Tuesday evening. Analysts have said Tesla's price cuts were almost certain to boost China sales, which tumbled in December, and force other EV makers to cut prices too.

☆ Steve Bannon calls Bolsonaro protesters who stormed Brazil's Congress 'freedom fighters'
▼ + stars: | 2023-01-09 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

Steve Bannon hyped the protesters who stormed Brazil's Congress, calling them "freedom fighters." The former Trump advisor has long stoked unsubstantiated rumors of election fraud in Brazil. Bannon has seized on the issue in the same way he did with Trump's own election fraud claims. Lately Bannon, a former Trump advisor, has also amped unevidenced claims of election fraud in Brazil. A review by Brazil's military late last year found no credible evidence of widespread election fraud, according to The New York Times.

☆ Bill Gates' climate investment firm is backing this reusable rocket startup
▼ + stars: | 2023-01-09 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Stoke Space is developing a clean-fueled, rapidly reusable rocket that can deliver satellites into earth's orbit, while protecting the earth itself by creating fewer emissions. Stoke Space is still in the first stages of testing the rocket and is a long way off from taking satellites into space. But its plans are ambitious and built around the idea of launching more satellites to combat climate change. We started thinking many years ago around how do we deploy more satellites focused on climate problems? In addition to Breakthrough Energy, investors include Spark capital, Toyota Ventures, Point72 Ventures, MaC Venture Capital and NFX Ventures.

☆ Hundreds of Tesla owners in China protested after missing out on big price cuts, report says
▼ + stars: | 2023-01-08 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Tesla owners in China gathered at delivery hubs and outlets to protest price cuts, per Reuters. The EV maker has cut prices in China for the second time in three months, with some missing out. Tesla cut prices in China for the second time in three months on Friday as it struggles to make sales. EV makers have been forced into sudden price changes in recent months as big car makers raise their game and the global economy sours. But Tesla's move to cut prices in China more reflects depressed demand due to years of COVID-19 lockdowns, as well as Tesla's floundering share price and its big bet on a Shanghai factory.

☆ Man City crush Chelsea in FA Cup, Stevenage stun Villa
▼ + stars: | 2023-01-08 | by ( Richard Martin | ) www.reuters.com time to read: +4 min

Elsewhere, League Two (fourth tier) side Stevenage pulled off the shock of the weekend by winning 2-1 at Premier League Aston Villa, scoring two goals in the final few minutes. City will play at home in the fourth round against either Premier League leaders Arsenal or League One side Oxford United, who meet on Monday. Potter said City were the last team he could wish to face during the team's difficult run of form. Walsall beat Stockport County 2-1, Stoke City won 3-0 at Hartlepool, Blackburn Rovers beat Norwich City 1-0 and Derby County beat Barnsley 3-0 to also make it to the fourth round. Bristol City and Swansea City will meet again in a replay after drawing 1-1.

☆ A betting company boss took a pay cut, but still collected $318 million – making her one of the world's best-paid executives
▼ + stars: | 2023-01-07 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

Denise Coates, founder of Bet365, took home at least £263 million in the 12 months to March 2022. Coates has earned about £1.5 billion from the online betting firm since 2016, The Guardian reported. The haul is less than the £300 million Coates collected for the 2021 financial year, and considerably less than the £471 million she took home in 2020. Coates began as a cashier in her father's betting shops in Stoke-on-Trent, England. After correctly predicting that betting would move online, Coates bought the domain Bet365.com for $25,000 in 2000.

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