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London, UK Reuters —Irish writer Paul Lynch won the 2023 Booker Prize on Sunday for his novel “Prophet Song,” the story of a family and a country on the brink of catastrophe as an imaginary Irish government veers towards tyranny. “This is a triumph of emotional storytelling, bracing and brave.”A copy of "Prophet Song" pictured prior to the Booker Prize award ceremony on Sunday. He became the fifth Irish author to win the Booker Prize, after Iris Murdoch, John Banville, Roddy Doyle and Anne Enright, the organizers of the competition said. The Northern Irish writer Anna Burns won in 2018. “Prophet Song” is published in the UK by Oneworld which also won the prize in 2015 and 2016 with Marlon James’s “A Brief History of Seven Killings” and Paul Beatty’s “The Sellout.”
Persons: Paul Lynch, Booker, Song ’, Adrian Dennis, Lynch, , ” Lynch, Iris Murdoch, John Banville, Roddy Doyle, Anne Enright, Anna Burns, Margaret Atwood, Salman Rushdie, Yann Martel, , Marlon James’s “, Paul Beatty’s “ Organizations: Reuters, Esi, Getty, Sunday Tribune, Northern, Oneworld, Seven Locations: London, Irish, Syria, Ireland, AFP, Northern Irish
Vietnam's Prime Minister Pham Minh Chinh attends the retreat session of the 43rd Association of Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 5, 2023. The document, known as Resource Mobilisation Plan, has to be agreed with investors ahead of the UN Climate Change Conference (COP28) which begins on Thursday in Dubai. Vietnam's Prime Minister Pham Minh Chinh will attend the COP28 from Nov 30 to Dec 3, the government portal said, raising expectations that the plan could be announced there. A second foreign official said there was no major issue pending, and approval of the final version "is very nearly there." There is no certainty that Vietnam would actually take the loans on offer, and the communist government has been reluctant to take foreign loans in the past.
Persons: Pham Minh Chinh, Mast, Francesco Guarascio @fraguarascio, Khanh Vu, Simon Cameron, Moore Organizations: Vietnam's, 43rd Association of Southeast Asian Nations, ASEAN, Rights, Change, Reuters, of, Thomson Locations: Jakarta, Indonesia, Rights HANOI, Vietnam, Dubai, Hanoi
ST. PAUL, Minn. (AP) — The Minnesota Wild fired coach Dean Evason and assistant Bob Woods on Monday after losing seven games and 14 of their first 19 to start to the NHL season. Evason, 59, was nearly a quarter of the way through his fourth full season as Minnesota’s coach. “Dean did an excellent job during his tenure with the Minnesota Wild, especially as head coach of our team,” Guerin said. I would also like to thank Bob for his hard work during his time as an assistant coach with the Wild. I wish Dean, Bob and their families all the best in the future.”Evason is the second NHL coach fired this season after the Edmonton Oilers dismissed Jay Woodcroft and replaced him with Kris Knoblauch.
Persons: Dean Evason, Bob Woods, Bill Guerin, Bruce Boudreau, “ Dean, ” Guerin, , Bob, Dean, ” Evason, Jay Woodcroft, Kris Knoblauch, Matt Boldy, Kirill Kaprizov —, Louis, ___ Organizations: PAUL, Minnesota Wild, NHL, Minnesota, Edmonton Oilers, Oilers, San Jose Sharks, Louis Blues Locations: Minnesota
Celsius, the suddenly-ubiquitous energy drink, is a favorite of Gen Z — and Capitol Hill. "I love to take meetings in front of the Celsius vending machine," he told Business Insider. "It's a way better alternative to coffee, honestly," Robertson told Business Insider. "Capitol Hill is full of young, energetic career-oriented people who by and large care about fitness," he told Business Insider. Stanford said these young workers are part of a new consumer group that's helping drive the overall growth of the energy drink market.
Persons: Z, , Matthew Hoekstra, Gen Z, Brent Robertson, Roger Marshall, Victoria Knight, Knight, she's, Robertson, Hoekstra —, Matthew Hoekstra Florida, Anna Paulina Luna, w3O2gsMYXP —, Eric Garcia, Rayburn, Dirksen, — Doug Andres, @DougAndres, curt, Duane Stanford, Stanford, Hoekstra, John Parra, Garcia Organizations: Capitol, Service, Republican Kansas, Capitol Press Corps, PepsiCo, Vibe, Caucus, The Independent, Republican House, Cannon, Beverage, Essential Energy, Republicans Locations: Washington, Rayburn
LONDON, Nov 26 (Reuters) - Irish writer Paul Lynch won the 2023 Booker Prize on Sunday for his novel 'Prophet Song', the story of a family and a country on the brink of catastrophe as an imaginary Irish government veers towards tyranny. Lynch, who was previously the chief film critic of Ireland’s Sunday Tribune newspaper, said he wanted readers to understand totalitarianism by heightening the dystopia with the intense realism of his writing. He became the fifth Irish author to win the Booker Prize, after Iris Murdoch, John Banville, Roddy Doyle and Anne Enright, the organisers of the competition said. The Northern Irish writer Anna Burns won in 2018. 'Prophet Song' is published in the UK by Oneworld which also won the prize in 2015 and 2016 with Marlon James’s 'A Brief History of Seven Killings' and Paul Beatty’s 'The Sellout.'
Persons: Paul Lynch, Booker, Lynch, Iris Murdoch, John Banville, Roddy Doyle, Anne Enright, Anna Burns, Margaret Atwood, Salman Rushdie, Yann Martel, Marlon James’s, Paul Beatty’s, William Schomberg, Giles Elgood Organizations: Sunday Tribune, Northern, Oneworld, Seven, Thomson Locations: Syria, Ireland, Irish, Northern Irish
Yaffa Adar reunited with her family in Tel Aviv after seven weeks in captivity. AdvertisementYaffa Adar, an 85-year-old Holocaust survivor, was one of the first 13 hostages released from Gaza after 49 days in Hamas's captivity, i24NEWS reports. Yaffa Adar is a mother of three, grandmother of eight, and great-grandmother of seven. The family reunion at Wolfson Hospital in Holon, near Tel Aviv, followed the four-day cease-fire brokered between Israel and Hamas. The hostages released by Hamas have undergone initial medical tests and are reportedly in good condition, per the IDF.
Persons: Yaffa Adar, , Nahal Oz, Tamir Adar, Adva Adar, Adva, Alon, Orian, Adar, Yael Adar, Yaffa's, Iris Boker, Yaffa Organizations: Service, Wolfson Hospital, National Holocaust Center, Museum, Hamas Locations: Tel Aviv, Gaza, Holon, Israel, Jerusalem, Be'eri, Warsaw, Poland, Nazi, Thailand, Philippines
"We all hope that this truce will lead to a chance to start a wider work to achieve a permanent truce." A U.S. State Department official called the truce a "hopeful moment" but said work would continue to free all the hostages. Israel had received an initial list of hostages to be freed and was in touch with families, the prime minister's office said. Hamas said 30 people had been killed in an Israeli strike on a school affiliated with the UNRWA in Jabalia. Israel says Hamas fighters use residential and other civilian buildings, including hospitals, as cover.
Persons: Majed Al, Ansari, Joe Biden, Abu Ubaida, Daniel Hagari, Israel, U.N, Philippe Lazzarini, Abu Mustafa, Neighbour Khaled Hamad, Gilad Korngold, Khan Younis, Nasser, Al Shifa, Muhammad Abu Salamiya, Peter Graff, Andrew Heavens, Deepa Babington, William Maclean, Mark Heinrich, Jonathan Oatis, Diane Craft Organizations: Gaza Hamas, UNRWA, Hamas, Qatari, Doha, U.S . State Department, West Bank, UNRWA's, REUTERS, Gaza, Reuters, Thomson Locations: Palestinian, Gaza, DOHA, GAZA, Israel, Qatar, Gaza City, Massachusetts, Nantucket, U.S, Rafah, Jabalia, Indonesian, Gaza's
All have been hit by a boycott campaign over Israel's military offensive in the Gaza Strip since the deadly Hamas attack in southern Israel on Oct. 7. Western brands are feeling the impact in Egypt and Jordan, and there are signs the campaign is spreading in some other Arab countries including Kuwait and Morocco. Videos have circulated of what appear to be Israeli troops washing clothes with well-known detergent brands which viewers are urged to boycott. In Kuwait City on Tuesday evening, a tour of seven branches of Starbucks, McDonald's and KFC found them nearly empty. Previous boycott campaigns in Egypt, the Arab world's most populous nation, had less impact, including those advocated by the Palestinian-led Boycott, Divestment, Sanctions (BDS) movement.
Persons: Mohamed Abd, Reham Hamed, Ahmad al, McDonald's, Jordan, Hossam Mahmoud, Sameh El Sadat, executive's, Issam Abu Shalaby, Farah Saafan, Sarah El Safty, Mai ShamsElDin, Suleiman Al, Ahmed Hagagy, Jonathan Spicer, Aidan Lewis Organizations: Hamas, REUTERS, Gaza, U.S, Kuwait City, McDonald's, KFC, McDonald's Corp, Reuters, BDS, Starbucks, TBS Holding, Malaysian, Cola, Nestle, Turkish, Israel, United Arab, Thomson Locations: Kentucky, Egypt, Gaza, Israel, Palestinian, Cairo, CAIRO, Jordan, Kuwait, Morocco, Amman, Rabat, BDS Egypt, Egyptian, Malaysia, Putrajaya, Saudi Arabia, United Arab Emirates, Tunisia, Khalidi, Danial Azhar, Kuala Lumpur, Kuwait City, Istanbul
SummaryCompanies UK business investment has lagged since Brexit"Largest business tax cut" in modern history-HuntTax break costs 11 bln stg a yearOBR forecasts 3 bln stg a year investment boostLONDON, Nov 22 (Reuters) - Britain's finance minister Jeremy Hunt made a tax break for business investment permanent on Wednesday, aiming to kickstart growth in the country's sluggish economy. Hunt hopes that by making permanent the tax break known as "full expensing", companies will spend more on new kit and technology, lifting productivity. This is the largest business tax cut in modern British history," Hunt said in his Autumn Statement on Wednesday. BT (BT.L), a beneficiary of the tax break as it is investing billions in building a new fibre network, welcomed Hunt's move. British business investment has trailed that of other developed economies, according to research from the International Monetary Fund.
Persons: Jeremy Hunt, Hunt, Hunt's, Philip Jansen, Jessica Taylor, Handout, Stephen Phipson, Robert Forrester, David Milliken, Kylie MacLellan, Sarah Young, Kate Holton, Alex Richardson Organizations: LONDON, BT, Labour, Conservatives, Britain's, REUTERS Acquire, International Monetary Fund, Vertu, BBC Radio, Thomson Locations: Britain, London, British
Mick Schumacher to race for Alpine in world endurance
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +1 min
Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - October 7, 2023 Mercedes' reserve driver Mick Schumacher ahead of the sprint shootout REUTERS/Rula Rouhana/File photo Acquire Licensing RightsNov 22 (Reuters) - Mick Schumacher will race for Alpine in the world endurance championship next season while continuing as Formula One reserve driver for Mercedes. Alpine announced the 24-year-old German, son of seven-times F1 world champion Michael, on Wednesday as one of six drivers competing for them in two A424 Hypercars. Schumacher will join French drivers Nicolas Lapierre, Matthieu Vaxiviere, Charles Milesi and Paul-Loup Chatin as well as Austrian Ferdinand Habsburg. Mercedes confirmed separately that the German, who raced for Haas in Formula One in 2021 and 2022, would continue as their reserve. "A new chapter is beginning for me with Alpine," said Schumacher.
Persons: Mercedes, Mick Schumacher, Rula, Michael, Schumacher, Nicolas Lapierre, Matthieu Vaxiviere, Charles Milesi, Loup Chatin, Austrian Ferdinand Habsburg, I've, Le Mans, Williams, Alan Baldwin, Ed Osmond Organizations: Qatar, One, Mercedes, Alpine, Haas, Formula One, Le, Formula, Thomson Locations: Lusail, Qatar, Paul, Austrian, London
November 21 - Just when it seemed as if the Edmonton Oilers finally had found a rhythm, they might be amid another slide. However, the Oilers again are headed in the wrong direction after allowing 11 goals in consecutive road defeats to the Tampa Bay Lightning and Florida Panthers. On Monday, the Oilers squandered leads of 2-0 and 3-2 en route to a 5-3 loss to the Panthers. Jarvis has seven goals this season after totaling 31 over his first two seasons. Meanwhile, teammate Leon Draisaitl has seven goals and 10 assists in 14 contests against the Hurricanes.
Persons: Evan Bouchard, we've, Connor McDavid, bode, They'll, Seth Jarvis, Sebastian Aho, Brent Burns, Jarvis, Rod Brind'Amour, Antti Raanta, Frederik Andersen, Pyotr Kochetkov, Edmonton's Calvin Pickard, Stuart Skinner, McDavid, He's, Leon Draisaitl Organizations: Edmonton Oilers, Oilers, Carolina Hurricanes, Edmonton, Tampa Bay Lightning, Florida Panthers, Panthers, Hurricanes, Pittsburgh, Carolina, Thomson Locations: Raleigh, N.C, Raanta, Arizona, Carolina
CNN —On September 25, 2000, Kevin Hines climbed over the rail of the Golden Gate Bridge. The Golden Gate Bridge suicide safety net is seen in San Francisco on April 5, 2023. Courtesy Golden Gate Bridge, Highway and Transportation DistrictAfter years of debate over installing a suicide deterrent on the iconic bridge, a net is now nearing completion. In 2018, the Golden Gate Bridge, Highway and Transportation District began building a net along the perimeter of the 1.7 mile long bridge. Sabrina Hernandez, Golden Gate Bridge District Board President, touches a net during a press on May 16, 2019.
Persons: CNN —, Kevin Hines, ” Hines, Hines, , Paolo Cosulich, Schwartz, ” Cosulich, , Kevin Berthia, ” Berthia, Rich Pedroncelli, Kevin Briggs, Berthia, Briggs, Cosulich, it’s, didn’t, Sabrina Hernandez, Yalonda, James, George Washington Organizations: CNN, Rail Foundation, Transportation, Transportation District, Mental, American Foundation for Suicide Prevention, Bridge, San Francisco Chronicle, “ Engineers Locations: San Francisco, Golden, It’s, Sacramento , California, California, New York City
This comes after months of struggling to even earn $100 a day in eight hours for Uber and Lyft. AdvertisementSherry, 58, was driving upwards of 75 hours a week for Uber and Lyft, struggling to pull in $200 a day. She's made between $1,500 and $1,700 a week doing shuttle driving alongside Uber and Lyft rides. "The clientele I have is different too because I'm driving tourists, and they're more apt to tip," Sherry said. She's only driving for Uber and Lyft a few hours each week as she tries to get her name out there.
Persons: Xer, she's, Uber, , Sherry, underpaid, I'm, She's, It's Organizations: Facebook, Service, Uber Locations: Florida
Tim Higgins, 67, a retired General Electric aircraft propulsion engineer living in Newburyport, Mass., on his 1970 Triumph GT6+, as told to A.J. Some of my earliest memories are in the lousy station wagons my father bought to transport our family of seven around. We were always breaking down at night on the Garden State Parkway or the Connecticut Turnpike. But when I got older, my dad started buying cool cars. I remember a 1975 Toyota Celica and a 1978 Datsun 280Z.
Persons: Tim Higgins, A.J Organizations: General Electric, Garden State, Toyota, Datsun Locations: Newburyport, Mass, Connecticut
NHS diabetes patients – including Gradwell, who went for weeks without full medication – pay nothing for their medication. The shortage persists even after Ozempic's manufacturer Novo Nordisk (NOVOb.CO) launched Wegovy, a semaglutide drug solely for weight loss, in September. Rightangled told Reuters it is within its rights to continue to prescribe Ozempic for weight loss. Two had stopped offering it for weight loss by October, but Rightangled continued to make it available as of Nov. 17, Reuters found. He said his oncologist said that while he could not prescribe Ozempic, it would be good for his health if he took it for weight loss.
Persons: Kim Gradwell, , John, it's, Rightangled, Gradwell, Penny Ward, I've, Abdullah Sabyah, Ward, Juniper, Ben, Doctors, Novo, Ozempic, semaglutide, prescribers, Rightangled's Sabyah, Tyne wasn't, Gradwell's, Yaasir Mamoojee, We've, Maggie Fick, Marine Strauss, Charlotte Van Campenhout, Chad Terhune, Sara Ledwith, Josephine Mason Organizations: Diabetes, National Health Service, Novo Nordisk, King's College, Department of Health, Social Care, John, Reuters, Oxford University ., NHS, Alliance Healthcare, Alliance, Diabetes UK, NICE, semaglutide, Oxford University, General Pharmaceutical Council, Tyne, Thomson Locations: Dudley , North Tyneside, Britain, Novo, United States, London, U.S, England, Europe, Ozempic, Newcastle, Brussels, Los Angeles
Tim Higgins, 67, a retired General Electric aircraft propulsion engineer living in Newburyport, Mass., on his 1970 Triumph GT6+, as told to A.J. Some of my earliest memories are in the lousy station wagons my father bought to transport our family of seven around. We were always breaking down at night on the Garden State Parkway or the Connecticut Turnpike. But when I got older, my dad started buying cool cars. I remember a 1975 Toyota Celica and a 1978 Datsun 280Z.
Persons: Tim Higgins, A.J Organizations: General Electric, Garden State, Toyota, Datsun Locations: Newburyport, Mass, Connecticut
All three Aframax-sized tankers discharged Russian Sokol crude in India in September while two of them made the trip in October, the data showed. One trader also said India may seek supply from the Mediterranean and North Sea to replace Russian Sokol. A spike in global prices led to Russian oil being sold at above the price caps imposed by western nations of $60 a barrel. The three vessels last year obtained safety certification from the Indian Register of Shipping (IRClass), according to its website. Sokol crude is produced at the Sakhalin-1 project, managed by a Rosneft subsidiary after the exit of ExxonMobil (XOM.N).
Persons: Dado Ruvic, IRClass, Sokol, India's ONGC Videsh, Florence Tan, Muyu Xu, Nidhi Verma, Jacqueline Wong, Raju Gopalakrishnan, Sharon Singleton Organizations: REUTERS, Sokol, Washington, Indian Oil Corp, Liberian, Ligovsky, Treasury Department, Russian Sokol, IOC, Indian Register of Shipping, Oil Tanker, Sun Ship, American Bureau of Shipping, ExxonMobil, Natural Gas Corp, Sakhalin Oil, Gas Development, Thomson Locations: SINGAPORE, DELHI, LSEG, U.S, Washington, Moscow, Ukraine, Kazan, India, North, Gujarat, Dubai, London, Sakhalin, Singapore, New Delhi
MOSCOW, Nov 17 (Reuters) - Russia's Urals oil prices on Friday fell below the Western price cap level of $60 per barrel amid a rise in freight rates fuelled by fresh U.S. sanctions on shipowners and weaker global oil prices, two traders said and Reuters calculations showed. Russia's main export grade had been trading above $60 since mid-July amid output cuts by OPEC+ producers including Saudi Arabia and Russia. On Friday freight rates for Urals oil shipments from Russia's Baltic ports of Primorsk and Ust-Luga to India rose to $9.2-9.5 million per tanker per voyage from $8 million last week. Urals oil prices on a delivered ex-ship basis in Indian ports were stable at a discount of around $5 per barrel to dated Brent, traders said. High transportations costs weighed on FOB prices for Russian Urals oil, traders said, adding that amid weakness in Brent the grade's price was below $60 as of Friday.
Persons: Brent, Jason Neely Organizations: U.S . Treasury Department, United, Thomson Locations: MOSCOW, U.S, United Arab Emirates, Australia, Ukraine, Saudi Arabia, Russia, Primorsk, Ust, Luga, India, Brent
In May, Lenovo reported 14% revenue decline for the year through March, its first annual fall since 2019, following a pandemic-induced boom for electronics manufacturers. Worldwide PC shipments fell 7% in the second quarter of 2023, showed data from researcher Canalys. To help lift PC sales, Lenovo aims to release its first "AI PC" - or PC that can make use of artificial intelligence (AI) without the internet - in the second half of next year, said Chairman Yang Yuanqing. An employee gestures next to a Lenovo logo at Lenovo Tech World in Beijing, China November 15, 2019. Overall net income attributable to shareholders in the second fiscal quarter fell 60% to $249 million versus analysts' $235 million estimate.
Persons: Canalys, Yang Yuanqing, Yang, Jason Lee, it's, Josh Ye, Christopher Cushing Organizations: Lenovo Group, HK, LSEG, Lenovo, PC, Reuters, Lenovo Tech, REUTERS, Nvidia, Thomson Locations: HONG KONG, Beijing, China, U.S, Hong Kong
[1/5] Zhou Quan, from China, holds a Guinness World Records' certificate after achieving the most consecutive, 11 repetitions, single leg full twist back somersaults in Chenzhou, Hunan, China August 15, 2023 in this handout picture released in celebration of Guinness World Records Day 2023. Now he is among the super-skilled people, expert at doing unusual and difficult things that are being celebrated on Thursday by Guinness World Records Day. Guinness World Records Editor-in-Chief Craig Glenday, who was on hand to adjudicate Swift's record ride, said this year's theme is super skills. "Guinness World Records Day is a global celebration of the superlative," he said. The United States, meanwhile, boasts Henry Cabelus who holds eight world records after achieving the highest backflip Pogo Stick jump, making it over a height of 3.07 metres (10.07 ft).
Persons: Zhou Quan, Britain's Paul Swift, Swift, Craig Glenday, Henry Cabelus, I’ve, Sarah Mills, Barbara Lewis Organizations: Records, Guinness, Britain's Silverstone, Guinness World, Thomson Locations: China, Chenzhou, Hunan, Britain's, Japan, United States
Human Material Loop is making fabric from human hair
  + stars: | 2023-11-15 | by ( Flo Cornall | ) edition.cnn.com   time to read: +5 min
Human Material Loop hopes to transform the fashion industry by turning human hair into a textile. According to Human Material Loop, 72 million kilograms of human hair waste end up in European landfills every year, the equivalent in weight of seven Eiffel Towers. Human Material Loop used hair to insulate this jacket. For Kollar, it’s not simply about wearing a jumper made from human hair for the novelty or sustainability aspect; she argues that human hair is an incredibly durable material. Visser says ultimately the implementation of human hair in our products isn’t simple.
Persons: Zsofia Kollar, , Kollar, , ” Kollar, Pablo Betancourt, it’s, Higashi, Sanne Visser, There’s, Visser Organizations: CNN, Eiffel, Southwestern, University of the Arts London, London’s Design Locations: Canada, Aconcagua, Argentina, Netherlands, Belgium, Luxembourg, Micronesia, Kiribati, Southwestern United States, Japan
Globally, as many as 128,000 fishers face threats of violence, debt bondage, excessive overtime and other conditions indicative of forced labor, according to the U.N.'s International Labor Organization. U.S. and European companies are under increasing pressure to clean up supply chains in labor-intensive industries where worker abuse is widespread. But ZheJiang Hairong in a statement last year to the state-owned Fujian Daily claimed ownership of only five of the 10 vessels that would later appear on the Financial Transparency Coalition's list. Pingtan last year was sanctioned by the Biden administration over allegations of illegal fishing and labor abuse. The Financial Transparency Coalition scoured government reports, media accounts and complaints by advocacy groups to come up with a list of 475 individual vessels suspected of forced labor since 2010.
Persons: Joe Biden's, Beth Lowell, Pingtan, Biden, Fu Ting, Wanqing Chen Organizations: MIAMI, Financial, Coalition, D.C, Walton Family Foundation, AP, Associated Press, International Labor Organization . U.S, Force, Group, Seven, Atmospheric Administration, Ocean Fisheries Co, Pingtan Marine Enterprises, China National Fisheries Corp, Fujian Daily, New York Stock Exchange, Washington , D.C Locations: Washington, China, Russia, Spain, Thailand, Taiwan, South Korea, Myanmar, Cambodia, Laos, United States, U.S, Oceana, Panama, Belize, ZheJiang, Fujian, Washington ,, Beijing, Investigative@ap.org
Annual consumer price inflation plunged to a lower-than-expected 4.6% in October from 6.7% in September, official data showed on Wednesday. The Bank of England's forecasts and the consensus from a Reuters poll of economists had pointed to a reading of 4.8%. Sterling fell slightly against the dollar after publication of the data, which showed key inflation measures watched closely by the BoE also falling by more than expected. Investors added to their bets on BoE rate cuts next year with three 25-basis-point reductions in Bank Rate fully priced in by December 2024, and a first cut fully priced for June. Reporting by Andy Bruce and David Milliken, editing by William James and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: Rishi Sunak, Sterling, BoE, Julien Lafargue, Sunak, Huw Pill, Hugh Gimber, Andy Bruce, David Milliken, William James, Bernadette Baum Organizations: Bank of England, of, ONS, Barclays Private Bank, Conservative Party, U.S ., Morgan Asset Management, Thomson Locations: Britain, Italy
Tax loss harvesting is a staple of year-end planning. Bonds are ripe for tax loss harvesting in the wake of the Federal Reserve's rate-hiking cycle. Consider that the longer-dated iShares 20+ Year Treasury Bond ETF (TLT) has a year-to-date total return of about -7.3%, while the shorter-term iShares Core US Aggregate Bond ETF (AGG) has a total return of roughly 0.7% in 2023, according to Morningstar. "Tax loss harvesting is a silver lining for some of the pain they've been feeling the last couple of years." Bonds and the wash sale rule To benefit from tax loss harvesting, investors must avoid violating the wash sale rule .
Persons: Bonds, Morningstar, Kristy Akullian, Jeffrey Levine, St . Louis, Levine, Jordan Naffa, Naffa, VGSH, Lisa, Kirchenbauer Organizations: Treasury Bond ETF, Bond, BlackRock, Internal, Strategic Wealth, Arista Wealth Management, Treasury, SEC, VGIT, Omega Wealth Management Locations: St ., Las Vegas, Arlington , Va
LAS VEGAS (AP) — General Motors said Tuesday it has registered with Formula One's governing body to become an engine supplier starting in 2028 in what is seen as a huge boost to Michael Andretti's bid to join the global motorsports series. “We are thrilled that our new Andretti Cadillac F1 entry will be powered by a GM power unit,” GM President Mark Reuss said. GM in January announced its partnership with Andretti Global under its Cadillac banner on Andretti's application to join F1. GM doesn't have its own F1 power unit and said its effort would be in conjunction with an existing manufacturer. If Andretti gets approved to join an expanded F1 grid, he would have to use another manufacturer's engine until 2028.
Persons: Motors, Michael Andretti's, Mark Reuss, Andretti Cadillac, Andretti, GM isn't, Ford, Red Bull, Honda, Colton Herta, Mario Andretti, Michael, Gene Haas, Haas, Kevin Magnussen, Nico Hulkenberg, Hulkenberg Organizations: LAS VEGAS, , Formula, Andretti Cadillac, GM, Las Vegas, Prix, Andretti Global, GM doesn't, FIA, Audi, Sauber, Andretti, Associated Press, AP, Renault, IndyCar Locations: California, Denmark, Germany
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