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The U.S. Department of Agriculture has designated Vermont a natural disaster area from the catastrophic July flooding, making farms eligible for emergency federal loans, Republican Gov. It's the second USDA disaster declaration for Vermont this summer. In July, USDA Secretary Tom Vilsack approved Scott's request for a disaster declaration for the May frost that hit many growers, including vineyards and apple orchards. Since the July flooding, farmers have reported over $16 million in damage and losses, according to Vermont Agriculture Secretary Anson Tebbetts. “This designation can provide a lifeline to these important farm and food businesses with resources until next year’s growing season.”The latest designation makes farms hit by the flooding eligible for emergency loans from the Farm Service Agency, Scott said.
Persons: Phil Scott, It's, Tom Vilsack, Anson Tebbetts, ” Tebbetts, Scott Organizations: U.S . Department of Agriculture, Republican Gov, Farm Service Agency Locations: Vermont
Why Woke Capitalism Works for Ben & Jerry’s
  + stars: | 2023-08-09 | by ( Anson Frericks | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
This was a changing of the guard in women’s soccer. For decades, ever since that first World Cup win in 1991, the US has been the standard-bearer in women’s soccer, the dominant force on the pitch, its leading voice off it. Three of the four former World Cup winners are no longer in the tournament, while the so-called underdogs have thrived. As the US team itself posted on social media after the match, “This year’s Women’s World Cup is a testament to the growth of women’s soccer on a global scale …”The penalty shootout went to sudden death. But there is light to add to these dark days for US women’s soccer because this is a team which promises to have a better future.
Persons: Alyssa Naeher, ” Alex Morgan, Jill Biden, country’s, , Robert Cianflone, Megan Rapinoe, Vlatko, would’ve, Carli Lloyd, ” Rapinoe, could’ve, Zećira Mušović, Lindsey Horan, Lina Hurtig’s, Naeher, William West, Becky Sauerbrunn, Mallory Swanson, Trinity Rodman, Alyssa Thompson, Naomi Girma, , Julie Ertz, Anson Dorrance, Horan Organizations: CNN, Fox Sports, US, Portugal, CNN Sport, Getty, Tokyo Olympics, England, Wembley, Women’s Super League, Sweden, High School Locations: Sweden, soccer, Thailand, France, England, Netherlands, Portugal, Melbourne, AFP, Spain, Australia, New Zealand
Five hedge funds shared five trading ideas on global property markets, adding that they cannot reveal trading positions for regulatory reasons. CM REITs are companies that own mortgages of multi-family residential homes as well as commercial real estate loans. Cell phone data Litt bought to research a REIT run by Alexandria Real Estate Equities (ARE.N), showed that buildings which that were supposed to be almost fully occupied were only half full. Alexandria Real Estate responded pointing to public filings which said that it was the advancement of science and related intellectual property in Alexandria’s Labspace buildings, and not employee foot traffic that drove its demand for space. But Litt believes that the shift away from office working will also hurt life and sciences real estate, generally.
Persons: Jonathan Mizrachi, CMBSs, David Amaryan, Ben Hunsaker, Hunsaker, Jonathan Litt, Litt, ANSON, Moez Kassam, Vistry, Kassam, Nell Mackenzie, Dhara Ranasinghe, Alison Williams Organizations: Property, Capital, Beach, Beach Point Capital Management, REITs, Alexandria Real, Reuters, Vistry, Thomson Locations: York, Russia, Russia's, Ukraine, Armenia, Beach Point, Alexandria, Alexandria’s, London, Carolina, New York
Anson Dorrance knew he was a pioneer during his eight years as head coach of the US Women’s National Team (USWNT). Any understanding of how and why the USWNT is women’s soccer’s dominant force, a four-time Women’s World Cup winner and favorite to win the next edition currently taking place in Australia and New Zealand, must start with Dorrance, the groundbreaker and the bricklayer. Five years later, the first Women’s World Cup was held in China – not that it was initially labelled a World Cup as world governing body FIFA worried it might not be a success. A third-placed finish followed at the 1995 Women’s World Cup, and then came the Atlanta Olympics a year later. The success of 1999 would lead to the world’s first professional women’s soccer league, the Women’s United Soccer Association (WUSA).
Persons: CNN —, , Anson Dorrance, “ You’re, Dorrance, , , Michelle Akers, ” Akers, Mike Ryan, , Akers, IX, I’m, ” Dorrance, “ There’s, Lori Lindsey, Lauren Cheney, Darryl Dyck, George Bush, Barry Thumma, didn’t, ” Caitlin Murray, Murray, David Cannon, Billie Jean King, “ We’ve, Lindsay, USWNT, Harry, Brandi Chastain’s, “ We’re, ” Brandi Chastain, Robert Beck, Chastain, Mia Hamm, Kristine Lilly, Julie Foudy et, Megan Rapinoe, they’re, it’s, ” Rapinoe, Richard Heathcote, Lindsey, Becky Sauerbrunn, Rapinoe, Alyssa Thompson, Naomi Girma, Taylor Swift Organizations: CNN, US, National, CNN Sport, Dorrance, men’s, University of North, Coaches, FIFA, America, Soccer, Federal, Olympic, Canada, American, High School, National Collegiate Athletic Association, Guatemala, CONCACAF, Canadian Press, Central, USA, “ National, Atlanta Olympics, Getty, US Soccer, revelled, China, Rose, Women’s United Soccer Association, National Women’s Soccer League, “ 99ers, Tokyo, England Locations: Australia, New Zealand, University of North Carolina, Italy, Seattle, Irish, United States, England, Brazil, Central Florida, China, Norway, New York, Hamm
Anson Frericks, a former executive at Anheuser-Busch, has criticized how the company has handled the backlash against Bud Light. Now, Anheuser-Busch has gotten involved with issues that he's been fighting against, Frericks told Insider. Anheuser-Busch US CEO Brendan Whitworth hasn't explicitly defended the Bud Light partnership with influencer Dylan Mulaney, nor has he called it a mistake. The dip in Bud Light sales persisted through the end of June, USA Today reported. In a TikTok video posted at the end of June, Mulvaney alleged that Bud Light never reached out to her following the onslaught of hate she received.
Persons: Anson Frericks, Bud Light, Bud, influencer Dylan Mulvaney, Brendan Whitworth, Mulvaney, Whitworth, Frericks, he's, Busch, He's, Vivek Ramaswamy, Marc Benoiff, Brendan Whitworth hasn't, influencer Dylan Mulaney, Getty, LAURIE DIEFFEMBACQ, Dylan Mulvaney Organizations: Anheuser, Busch, Service, Whitworth, CBS, Newsweek, Street, Fox News, Daily Mail, Fox, Bud, MAG, AFP, Pride Month, Human, USA Locations: Wall, Silicon
Global commodities have seen a more than 20% slump compared to the same period last year, as reflected by the S&P GSCI Commodities index. Prices of commodities like crude oil and iron ore have been sliding this year, underlining a continuing economic rout across the globe and possible recession risks, market watchers told CNBC. Global commodities have seen a more than 25% slump over the last 12 months as reflected by the S&P GSCI Commodities index — a benchmark measuring the wider performance of various commodity markets. But the overall slide for the index is likely pointing to a global economic slowdown and a recession, analysts say, as China's Covid-19 rebound loses momentum. "It is my belief that this will flow through to a broader decline in economic activity, especially in the West," I'Anson added.
Persons: China's, Reid I'Anson, I'Anson Organizations: CNBC, Global Locations: U.S, Europe
For companies like Target and Disney, it is unclear if boycotts will hit sales. The company said it has not changed any policy on decorations and is encouraging stores to celebrate Pride Month. Despite the mounting headlines and sustained criticism of Bud Light, corporate boycotts are "overstated," and those offended by campaigns tied to Pride Month are in the "minority," Ellis said. Bud Light appears to be an outlierIn April, the brewer ran a March Madness promotion with trans influencer Dylan Mulvaney, who shared a customized Bud Light can on Instagram. Justin Sullivan | Getty ImagesIt isn't just Bud Light — brands across the board are facing calls to boycott their goods or services.
Persons: Gene Kim, Bud Light, Anson Frericks, Starbucks baristas, Sarah Kate Ellis, Ellis, Dylan Mulvaney, Brendan Whitworth, — Alissa Heinerscheid, Daniel Blake —, Bump Williams, Busch, Frericks, Bud, Marcel Marcondes, Marcondes, Justin Sullivan, Jack Daniel's, Lawrence Glickman, Glickman, baristas, hasn't, Disney isn't, Ron DeSantis, Lindsey Roeschke, Brayden King, King, David Cliff, Nurphoto Organizations: Anheuser, Busch, Target, Disney, Starbucks, Pride Month, Target's, Pride, GLAAD, Mulvaney, CNBC, Gay, Chamber, Commerce, Cannes Lions International, Creativity, Brands, Kohl's, Nike, Adidas, Ford, Associated Press, American Studies, Cornell University, Consumer, Walt Disney Co, Florida Gov, Brand Intelligence, Morning, Northwestern University, Getty Locations: U.S, America, San Francisco , California, Oklahoma, Florida
CNN —A Los Angeles jury has found actor Danny Masterson guilty on two of the three counts of rape in a retrial on Wednesday, according to the Los Angeles County District Attorney. Actor Danny Masterson arrested on rape charges 00:52 - Source: CNNThe trial started on April 24 and the case went to the jury on May 17. “I am experiencing a complex array of emotions – relief, exhaustion, strength, sadness – knowing that my abuser, Danny Masterson, will face accountability for his criminal behavior,” Jane Doe 2 said to CNN in a statement through their representative. Kutcher and Masterson also starred in Netflix’s “The Ranch” beginning in 2016, but Netflix and the producers wrote Masterson off the show amid the rape allegations. At the time, Masterson said he was “obviously very disappointed” by the decision, in a statement to CNN.
Persons: Danny Masterson, , Gascón, Masterson, Shawn Holley, Philip Cohen, D.A, Ariel Anson, Reinhold Mueller, ” Jane Doe, Steven Hyde, costarred Mila Kunis, Ashton Kutcher, Laura Prepon, Topher Grace, Wilmer Valderrama, Kutcher, Netflix’s, Tony Ortega Organizations: CNN, Angeles, Los Angeles County, Fox, Netflix, Village, Los Angeles Police Department Locations: Los Angeles, Angeles County,
Scott Olson | Getty ImagesRepublican presidential hopeful Vivek Ramaswamy built his White House bid around urging companies to stay out of politics. The messages show Ramaswamy's firm actively engaged with GOP state leaders who have defended the fossil fuel industry and criticized environmentally conscious investment standards. Ramaswamy on Thursday defended the firm's engagement with GOP officials, saying bigger firms BlackRock, Vanguard and State Street have conducted similar practices with state officials across the country. Strive has become one of the more vocal opponents of ESG investing and has gained enough notoriety to challenge the likes of fossil fuel giant ExxonMobil . Ron DeSantis, have often attacked ESG investing standards and corporations that support social causes — an increasingly common refrain within the GOP.
For most of the day, stocks struggled for direction amid disappointing earnings from Tyson Foods and Catalent and a short-lived rebound in regional banks. The struggle for a clearer direction comes after a rally on Friday, when U.S. jobs data pointed to a resilient labor market. Producer prices, weekly jobless claims and consumer sentiment data are all lined up for the week. Shares of regional banks tumbled for much of last week on worries tied to the collapse of First Republic Bank. Warren Buffett's Berkshire Hathaway Inc's Class B shares rose after posting a $35.5 billion first-quarter profit, boosted by gains from stocks such as Apple.
The struggle for a clearer direction comes after a rally on Friday, when U.S. jobs data pointed to a resilient labor market. Producer prices, weekly jobless claims and consumer sentiment data are all lined up for the week. A rally in regional banks' shares proved short-lived, with PacWest Bancorp (PACW.O) rising 5.6% after gaining as much as about 30% earlier in the session after the lender sharply cut its quarterly dividend to boost capital. Shares of regional banks tumbled for much of last week on worries tied to the collapse of First Republic Bank. Warren Buffett's Berkshire Hathaway Inc's Class B shares rose 0.9% after posting a $35.5 billion first-quarter profit, boosted by gains from stocks such as Apple.
Have a Cold Bud Light, Not a Woke One
  + stars: | 2023-04-22 | by ( Anson Frericks | ) www.wsj.com   time to read: 1 min
Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: Reuters/Shutterstock Composite: Mark KellyAnheuser-Busch is losing customers over Bud Light’s partnership with transgender activist Dylan Mulvaney , but the company’s problem is more fundamental. The brewer has fallen in line with other companies engaged in “stakeholder capitalism,” which prioritizes broad social issues over shareholder value. I worked at Anheuser-Busch for 11 years, rising to U.S. president of sales and distribution before leaving in 2022. The firm was focused on increasing shareholder value and did so in part by offering a high-quality and, at the time, decidedly apolitical product: Bud Light.
“Hippos attack not to eat people, but to get them the hell away from them,” Lewison said. Larger vessels can offer more protection from a sudden hippo attack. photocech/Adobe StockGet to know the signs of disturbed hippos, Muruthi advised, in case you wander too closely. … If you slap the water, the percussion 99.9 times out of 100 will turn the hippo,” Templer said. Remember to suck in air if on the surface.”Another hippo attack survivor in this National Geographic video also was able to conserve her breath.
March 14 (Reuters) - Bruised U.S. bank stocks regained some ground on Tuesday, as a sell-off sparked by Silicon Valley Bank's collapse gave way to bargain-hunting by investors hopeful that efforts to shore up confidence would avert a wider financial crisis. The S&P 500 regional banks index (.SPLRCBNKS) rebounded 1.4%, leaving it with a 26% loss over the past five sessions. Investors worry about the health of smaller banks, the prospect of tighter regulation and authorities' preference for protecting depositors before shareholders. Reuters Graphics Reuters GraphicsINVESTIGATIONSAs markets adjusted to the impact of SVB's collapse, regulars turned their focus to the circumstances around the bank's collapse. Officials are also examining stock sales by officers of SVB Financial Group, which owned the bank, the WSJ reported, citing people familiar with the matter.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Strive Asset Management's Anson FrericksAnson Frericks of Strive Asset Management joins 'Squawk on the Street' to discuss his thoughts on Salesforce.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrive Asset Management's Anson Frericks on activist stake in SalesforceAnson Frericks of Strive Asset Management joins 'Squawk on the Street' to discuss his thoughts on Salesforce.
A former biotechnology investor and executive, Ramaswamy will pursue the Republican nomination in what is shaping up to be a crowded field. A political outsider, Ramaswamy rose to prominence in 2021 as the author of "Woke Inc: Inside Corporate America's Social Justice Scam". But Ramaswamy's contrarian message made him popular in conservative political circles and a regular guest on cable TV shows. Ramaswamy co-founded Strive with former Anheuser-Busch Inbev SA executive Anson Frericks, who will continue to run the firm. Reporting by Isla Binnie in New York; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
"Indian iron ore exports … have really come off in the last few months. India's exports of iron ore plunged by 90% year on year in October last year, and recorded an year-on-year decline as steep as 96% in September. Udit Kulshrestha | Bloomberg | Getty ImagesAccording to Refinitiv, around 60% of global iron ore exports are destined for China. Iron ore exports from India were affected by a 50% tax on low-grade iron ore exports, which was reversed in late November. India's iron ore exports won't be the biggest factor in price volatility, however.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe maintain a long-term bullish stance on iron ore for 2023, says Kpler analystReid I'Anson of Kpler says an upward movement of 20% is "definitely on the table."
That works out to a 31.2% return on total average short interest of $973.6 billion throughout the year, according to S3 Partners. Stanphyl Capital portfolio manager Mark Spiegel, who has been short Tesla "constantly, in varying size" since 2014, said a bet against Tesla was his fund's most profitable individual short position this year. While higher interest rates have punished growth stocks, some investors believe Tesla CEO Elon Musk's purchase of Twitter is diverting his time running the electric car company. Long-short hedge funds, which bet on stock prices rising or falling, posted a 9.7% loss through November, according to data provider HFR. Charles Lemonides, portfolio manager at $226 billion hedge fund ValueWorks LLC, believes tight monetary policy will weigh on risk appetite next year.
A "substantial majority" of policymakers agreed it would "likely soon be appropriate" to slow the pace of interest rate hikes, the minutes showed. Since the Fed's last meeting on Nov. 1-2, investors have been more optimistic that price pressures have started to ease, meaning smaller rate hikes could curtail inflation. Heavyweight stocks, including Amazon.com Inc (AMZN.O) and Meta Platforms Inc (META.O), rose 1.00% and 0.72%, respectively. Advancing issues outnumbered decliners on the NYSE by a 1.97-to-1 ratio; on Nasdaq, a 1.61-to-1 ratio favored advancers. The S&P 500 posted 21 new 52-week highs and no new lows, while the Nasdaq Composite recorded 97 new highs and 126 new lows.
Commodity prices will increase if grain deal collapses: Analyst
  + stars: | 2022-11-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCommodity prices will increase if grain deal collapses: AnalystReid I'Anson of Kpler discusses the impact on food prices should Russia confirm that it is terminating its participation in the Black Sea grain deal.
The California glassmaker announced on October 27 that it raised $200 million in convertible senior notes due in 2027. View has struggled since going public less than two years ago via SPAC, and was nearly delisted by the New York Stock Exchange for failing to file numerous financial statements. For those looking from the outside, View's troubles came on suddenly, but insiders said the company burned cash and struggled with product failures for years. Insider spoke with 27 former employees and two current employees across View's finance, sales, marketing, factory-operations, engineering, recruiting, and IT departments. "He's always been able to pull a rabbit out of a hat when it comes to procuring more money for the company," one banker familiar with View said.
„Este o decizie pe care trebuie să o ia fiecare țară. Cred că acesta este cel mai realist mod de a merge mai departe”, a adăugat Pound. Președintele CIO, Thomas Bach, a încurajat în luna noiembrie sportivii să facă vaccinarea pentru Covid-19, dar a insistat că nu va fi o cerință de intrare la Jocuri. CIO a sugerat că va suporta unele dintre costurile pentru vaccinarea participanților la Jocurile de la Tokyo. Ar trebui să fie încrezători că totul se face pentru a proteja nu numai participanții, ci și japonezii înșiși”, susține Richard Pound.
Persons: Pound, CIO, Thomas Bach, Richard Pound, Andy Anson Organizations: Sky News, CIO, Naționale, Olimpice Locations: Canada, CIO, Tokyo, Japonia
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