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☆ BAE’s stratospheric space deal has sound logic
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

People gather at the BAE Systems' booth during the Association of the United States Army (AUSA) Global Force Symposium & Exposition in Huntsville, Alabama, U.S. March 28, 2023. REUTERS/Cheney Orr/File Photo Acquire Licensing RightsLONDON, Aug 17 (Reuters Breakingviews) - BAE (BAES.L) is showing off its deep pockets. On Thursday, the $37 billion maker of war ships and armored vehicles said it will splurge over $5.5 billion in cash on Ball Corp’s (BALL.N) aerospace arm. BAE CEO Charles Woodburn beat off private equity bidders including Blackstone (BX.N) to seal the deal, which bulks up his exposure to civil and military space surveillance solutions. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Cheney Orr, Ball, Charles Woodburn, Woodburn, Woodburn’s pricey, Aimee Donnellan, EY’s loveless, Neil Unmack, Streisand Neto Organizations: BAE Systems, Association of, United States Army, Global, REUTERS, Reuters, BAE, Blackstone, Ball Aerospace, Twitter, TPG, Thomson Locations: Huntsville , Alabama, U.S

☆ Target investors misread bullseye
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Aug 16 (Reuters Breakingviews) - Target (TGT.N) had some luck hitting the bullseye this quarter. Target is getting its inventory in shape after a glut of products from last year caused it to slash prices. Still, the company slashed its sales and profit outlook as shoppers continue to spend more on food. E-commerce sales slumped nearly 11% – well below the overall sales decline of 5%. Target may well be beholden to consumer behavior, but it can steady its aim to hit marks under its control.

Persons: Brian Cornell, Jennifer Saba, EY’s loveless, Exor’s Philips, Jeffrey Goldfarb, Sharon Lam Organizations: Reuters, Twitter, TPG, Thomson

☆ Credit-card crackdown will net limited rewards
▼ + stars: | 2023-06-22 | by ( John Foley | ) www.reuters.com time to read: +8 min

NEW YORK, June 22 (Reuters Breakingviews) - With more than two open accounts for every American, credit cards are practically part of the family. The point of credit cards is to make spending easier, yet in practice their complexity rivals the edgiest financial derivatives. At Capital One, late fees account for a little less than $2 billion of revenue, or roughly 5%, a year. If late fees have raised hackles among U.S. lenders, they’re only a taste of what could lie in store. Currently, issuers can charge $30 for a first late payment and $41 for late payments thereafter if they happen within the following six billing cycles.

Persons: Joe Biden’s, Biden, Banks, don’t, Goldman Sachs, Rohit Chopra, Michael Barr, that’s, There’s, Chase, they’re, –, Joe Biden, Jeffrey Goldfarb, Oliver Taslic Organizations: YORK, Reuters, JPMorgan, Consumer Financial, Bureau, American Bankers Association, Citigroup, Federal Reserve, Securities and Exchange Commission, Discover Financial Services, Bank of America, One, Fed, Biden, University of Michigan, Apple, Chase Sapphire, American Express, Capital, U.S, Consumer Financial Protection Bureau, New York Fed, Thomson Locations: U.S, United Kingdom

☆ Elon Musk's quest for an irresistible price could spell trouble for Tesla and its stock
▼ + stars: | 2023-05-21 | by ( Brian Evans | ) www.cnbc.com time to read: +11 min

Its goal has been to coax consumers to make the leap to its brand with the lower prices. Finding an 'irresistible' price Tesla's price cuts are an effort to take advantage of that growing market. "We have written extensively on the drag EVs have on margins for legacy [original equipment manufacturers] and the impact of EV price deflation. She added that the price cuts are an effort for Tesla to retain market dominance and stave off competition from big competitors like Ford. Longer term, Tesla's price fluctuations could do more harm than good if they end up turning consumers off.

☆ Target is letting parents return entire wardrobes of outgrown or damaged kids' clothing for cash or all new items
▼ + stars: | 2023-05-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Target offers one-year returns on owned-brand items, including the Cat & Jack children's clothing line. While some retailers are introducing limits on returns, Target is trying to make the process even easier. "If you guys buy Cat & Jack for your kids, there is a one-year warranty that Cat & Jack offers if your kid outgrows the clothes, whether it's stained, ripped, whatever it is, they'll refund you." Besides, what do many shoppers do right after returning a batch of Cat & Jack? Buy more Cat & Jack.

☆ Bitcoin falls after CFTC sues crypto exchange Binance for allegedly breaking trading rules
▼ + stars: | 2023-03-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Cryptocurrencies dropped on Monday morning after the CFTC sued Binance, the biggest crypto exchange in the world, for allegedly violating trading rules. The price of bitcoin slid 2.5% to $27,142.29, according to Coin Metrics. In a court filing, the CFTC, or the Commodity Futures and Trading Commission, said Binance violated eight provisions of a commodities trading law "designed to prevent and detect money laundering and terrorism financing." It's the largest crypto exchange and any U.S. regulatory action against it will have huge implications for the industry," she said. "Many knew Binance had a bullseye on its back, but this is still unnerving some crypto traders," said Ed Moya, an analyst at Oanda.

Prosecutors presented sufficient evidence to proceed with their case against Anderson Lee Aldrich on all charges filed in the Nov. 19 shooting rampage at Club Q club in Colorado Springs, the El Paso County district judge ruled. Besides multiple counts of first-degree murder, Aldrich faces dozens of counts of attempted murder and assault, as well as hate-crimes charges alleging the attack was motivated by prejudice against victims' sexual or gender identities. Thursday's ruling capped a two-day preliminary hearing in which prosecutors outlined their case for trying Aldrich on all charges. A hand-sketched map of Club Q was also found in a search of the defendant's home, Gasper said. Two patrons with military training subdued Aldrich and held the suspect until police arrived, according to the arrest warrant affidavit.

☆ Here's why your Target deliveries are about to get faster
▼ + stars: | 2023-02-24 | by ( Dominick Reuter | Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

Target is making an additional $100 million investment in speeding up delivery. Adding at least six new "sortation centers" will position the retailer to deliver more online orders in one day. Next-day delivery would make Target faster than many Amazon orders in certain markets. This store-as-warehouse approach has helped Target orders reach customers across the US relatively quickly using the company's existing retail infrastructure. This year, the company expects to move 50 million packages through its sortation centers, doubling 2022's count.

☆ Their Super Bowl game plan: Rescue leftover food and serve it to those in need
▼ + stars: | 2023-02-07 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +9 min

Regina Anderson, executive director of Food Recovery Network, is coordinating a campaign to rescue leftover food on game day. The Super Bowl is as much an annual food event as it is the biggest sporting event of the year. But while food is an essential part of Super Bowl celebrations, food wastage doesn’t have to be. In 2020, just before the United States was plunged into a pandemic, FRN did just that by organizing its first Super Bowl food rescue effort. Food Recovery Network collected close to 2,000 pounds of leftover food from the Players Tailgate Event at last year's Super Bowl in Los Angeles.

LONDON, Jan 10 (Reuters) - Goldman Sachs Asset Management, the fund arm of Goldman Sachs (GS.N), said on Tuesday it had raised $1.6 billion for its first private equity fund focused on investing in companies providing climate and environmental solutions. The final close of GSAM's Horizon Environment & Climate Solutions I comes as investors increasingly turn their attention to companies that can help in the world's fight against global warming. The fund, launched in 2021, provides so-called "growth capital" to companies further along in developing solutions in clean energy, sustainable transport, waste and materials, sustainable food and agriculture and ecosystem services. While investors have long invested in real assets such as wind and solar, or in early stage venture capital, the demand for the fund showed they were increasingly willing to back bigger companies, Pontarelli said. In December private equity firm General Atlantic launched a $3.5 billion climate fund while a month earlier Morgan Stanley Investment Management launched a $1 billion private equity strategy to invest in companies that will help reduce 1 gigatonne of carbon dioxide emissions.

☆ Being ready for anything is top priority for 2023
▼ + stars: | 2023-01-03 | by ( Peter Thal Larsen | ) www.reuters.com time to read: +5 min

In the past three years, the world has been rocked by a string of unexpected and epoch-defining events. Anyone trying to think about what 2023 will bring is confronted by a staggering array of possibilities. Watch whether the United Arab Emirates, which hosts the COP28 climate conference in November 2023, distances itself from the OPEC oil cartel. Encumbered by lower stock prices and pricier financing, merger activity will remain subdued in 2023. Follow @peter_tl on Twitterloading(This is a Breakingviews prediction for 2023.

☆ CFOs learn how to respond and lead during a cyberattack
▼ + stars: | 2022-12-19 | by ( Susan Caminiti | ) www.cnbc.com time to read: +2 min

After returning to the office from an exhausting overseas trip, your CIO informs you that malware was deployed within your customer databases. CFOs from the Council were broken up into teams, each representing a fictitious company in a specific industry such as financial services, healthcare, energy, and pharma/biotech. As the scenario moved along, CFOs were given the next development or demand in the attack. Once they knew a ransomware demand was made, the most pressing question was whether they should pay the money. Others turned immediately to the participants playing company lawyers to determine how much cyber insurance they had on hand to pay the ransomware.

☆ Treasury yields fall slightly as markets digest Fed outlook
▼ + stars: | 2022-12-15 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Treasury yields were slightly lower in the early hours of Thursday, as markets digested the Federal Reserve's 50 basis point rate hike and signals that it will continue lifting rates to rein in inflation. The yield on the benchmark 10-year Treasury note was down by around 2 basis points at 3.4790%, while the yield on the 30-year Treasury bond slipped by a similar amount to 3.5170%. The Fed's hike on Wednesday marked a slowdown from the previous four increases of 75 basis points. It also projected that the "terminal rate" will rise to 5.1% before the end of the hiking cycle. Auctions will be held on Thursday for $45 billion each of 4-week and 8-week Treasury bills.

A historic lake effect snow event will blanket swathes of the country in white into the weekend, with up to five feet of snow possible in Buffalo, New York. Kathy Hochul declared a state of emergency for 11 counties Thursday, saying the state and Buffalo area are "prepared" for the brunt of the major "life-threatening" storm. Lake effect snow occurs when arctic air races across the relatively milder water of the Great Lakes every fall. Rather by the late 21st century it is forecast that there will be a shortened lake effect snow season, and rather than peaking in fall and early winter, it'll be pushed back later to January through March. The lake effect snow will continue for areas downwind of the lakes into Sunday.

☆ Elon Musk says he's creating a 'content moderation council' for Twitter after Kanye West's account was reinstated
▼ + stars: | 2022-10-29 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Elon Musk said he'll form a Twitter "content moderation council" with "widely diverse viewpoints." Musk tweeted suggestions for Twitter but no decisions will be made until the body meets. The new owner of Twitter tweeted that the body would be made up of people who hold "widely diverse viewpoints." He added: "To be super clear, we have not yet made any changes to Twitter's content moderation policies." Another user asked why Kanye West's account was reinstated and Musk replied: "Ye's account was restored by Twitter before the acquisition.

☆ Telescopes and satellites captured clouds and spider-like plumes of debris after NASA smashed a spacecraft into an asteroid
▼ + stars: | 2022-09-28 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +5 min

NASA's DART spacecraft successfully crashed into an asteroid on Monday night. The spacecraft took images of its impending doom until the very end, when it rammed into the targeted space rock: Dimorphos. LICIACube image showing the dusty aftermath of the DART impact. ASI/NASAThe tiny Italian satellite captured spider-like plumes of debris emanating from the targeted space rock, below. About three minutes post-crash, LICIACube flew within 35 miles of the asteroid Dimorphos, to survey the collision's aftermath.

☆ See video of the moment NASA's DART spacecraft crashed itself into an asteroid and its livestream cut out
▼ + stars: | 2022-09-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

NASA crashed a space probe into an asteroid on Monday night, practicing to deflect dangerous space rocks. The Double Asteroid Redirection Test (DART) hit the space rock in an effort to change its orbit. Watch the DART spacecraft's final moments in the footage from its camera, below. As NASA planned, DART crashed into the craggy surface and its camera feed died. Astronomers are poised to point their telescopes to Dimorphos as it continues to orbit a much larger asteroid called Didymos.

☆ Atmospheric river of moisture will trigger storms and tornadoes this week
▼ + stars: | 2022-04-11 | by ( Jennifer Gray | Cnn Meteorologist | ) edition.cnn.com time to read: +10 min

(CNN) You may have heard of atmospheric rivers impacting the West Coast. Apparently, atmospheric rivers also occur in the eastern US, unleashing a river of moisture like what we will see this week. The reason East Coast atmospheric rivers aren't talked about much isn't because they are rare. The West gets about half that number of atmospheric rivers each year, yet they account for double the annual rainfall percentage. It will combine with the available moisture provided by the atmospheric river we talked about and will result in the perfect setup for severe weather.

Echipa #diez propune o listă de traduceri în limba engleză ale unor denumiri de localități din Moldova pentru a veni în întâmpinarea străinilor care vizitează țara noastră. Bicaz – Double CaseBotoșani – Big BootiesBrad – Christmas Trees LandBran – HardyBroșteni – The FroggiesBuftea – The Tea FellBuhuși – Boo! Căldărușani – BucketeersCiorogârla – Nigger-RiverConstanța – The SteadinessCorabia – GalleonCucuieții din Deal – Upper Town Headbumped PeopleCucuieții din Vale – Downtown Headbumped PeopleDarabani – Money GiverDomnești – You’re the King! Drăgășani – Town of CaressingEforie – Drugs AllowedFierbinți – Hot PeopleFrecăței – JerkoffvilleFundu Moldovei – Moldova’s AssGura Humorului – Humour’s MouthHuși – Shoo! Ineu – Inside MeÎnsurăței – Town of Unfortunate PeopleÎntorsura Buzăului – Too Much BotoxLupeni – Wolves ZoneMamaia – The Granny’s ResortMehedinţi – McTeethMiroși – You Smell!

Persons: învață, Echipa, diez, Acui, Shepherd Bălți –, Arabia Bezeda, –, Ceroborta, Bo Peep, Dumeni, Fundurii, Goleni, Groznița, Gura Galbenei, Jos –, Gora, Marian, Ana Moșene, Ina Onești –, Putin, Double, – You’re Stalin, Zara Unguri, Unteni, Zaparojeț –, Adâncata, Copăceni, Julie Aninoasa, Brad –, Bran – Hardy Broșteni, Domnești, Gura, Întorsura, Lupeni, Darth Vader, Pârțeștii, Guy Roșiori –, Ana, Slobozia, Jos, Dacă Organizations: Shepherd Bălți – Moldovan Venice Besarabia, Jos – Let’s Party, Let’s Party, Double Zina, Bears, Sochi Soroca, Arad, Unshaven, Unshaven Baia Mare, Downtown, Mare Locations: Moldova, localităților din Moldova, localități, Shepherd Bălți – Moldovan Venice, Arabia, Kiev, Hell, Sochi, Unshaven Baia, Deal, Vale, –, Caressing, Wetnose, Oradea, Sus, Jos, Piatra Neamț, The, Vaslui

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