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☆ What Is Going On in Britain’s Economy? The Picture Is Foggy.
▼ + stars: | 2023-10-26 | by ( Eshe Nelson | More About Eshe Nelson | ) www.nytimes.com time to read: +1 min

Tuesday’s data showed that the labor market was continuing to cool, following the same trend as the previous month, with more unemployment and fewer job vacancies. The Bank of England has raised interest rates to their highest level since 2008, and officials have signaled they will remain high well into next year. But the latest labor market release needs to be taken “with a huge pinch of salt,” Philip Shaw, an economist at Investec, wrote in an analyst note. Policymakers at the Bank of England have “lost another important set of figures” to guide them in setting interest rates, he argued. Last month, the statistics office issued a particularly large upward revision to the size of the economy after pandemic lockdowns.

Persons: ” Philip Shaw Organizations: Bank of England, Investec, Statisticians, Labor Force Survey

☆ Analysts bail on solar stocks after SolarEdge warning of weak earnings
▼ + stars: | 2023-10-20 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Solaredge 's warning on Thursday of weakening European demand was another red flag following what has already been a tumultuous year for the solar industry. Several Wall Street investment banks downgraded SolarEdge and slashed their price targets in reaction to the preannouncement. Deutsche Bank downgraded SolarEdge , along with peer solar stocks Sunrun and Sunnova , to a hold rating from buy. Analyst Corinne Blanchard halved SolarEdge's price target to $150 from $300, although this still implies 32% potential upside from the stock's Thursday close. Besides waning European demand, Blanchard highlighted that U.S. demand has also declined and may not bottom until early 2024.

Persons: Solaredge, Zvi Lando, Enphase, SunPower, Sunrun, bode, Gordon Haskett, Don Bilson, Corinne Blanchard, Blanchard, Goldman Sachs, SolarEdge, Goldman, Brian Lee, Oppenheimer, Roth, Philip Shen, Julien Dumoulin, Smith, Michael Bloom Organizations: Deutsche Bank, Bank of America Locations: California, SolarEdge, U.S

☆ UK TV star Willoughby steps down as presenter of ITV morning show
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

Television presenter Holly Willoughby arrives for the BRIT music awards at the O2 Arena in Greenwich, London, February 25, 2015. REUTERS/Suzanne Plunkett/File Photo Acquire Licensing RightsLONDON, Oct 10 (Reuters) - Television presenter Holly Willoughby, one of Britain's most high-profile broadcasters, quit as co-host of ITV's (ITV.L) popular daytime programme 'This Morning' on Tuesday, citing the need to prioritise her family. In a post on Instagram, Willoughby said she had informed ITV bosses she would not be returning to the show she had helped host for 14 years. Thank you to everyone at ITV for being supportive," Willoughby said in a statement. ITV, Britain's biggest free-to-air commercial broadcaster, called Willoughby "one of the best loved, respected and most accomplished broadcasters in the UK".

Persons: Holly Willoughby, Suzanne Plunkett, Willoughby, Willoughby's, Philip Schofield, Holly, Kevin Lygo, Farouq Suleiman, William James Our Organizations: BRIT, O2, REUTERS, ITV, Britain's, Media, Entertainment, Thomson Locations: Greenwich , London, Instagram

The story evokes images of George Floyd begging for his life under the knee of a Minneapolis officer in May 2020. It’s also the first trial under a 5-year-old Washington state law designed to make it easier to prosecute police who wrongfully use deadly force. After what witnesses said appeared to be a brief conversation between Ellis and the officers, Burbank, in the passenger seat, threw open his door, knocking Ellis down. A third officer, Timothy Rankine, arrived after Ellis was already handcuffed, face-down, and knelt on his upper back as Ellis pleaded for breath. Auburn police Officer Jeffrey Nelson was charged in the fatal shooting of Jesse Sarey in 2019 and is still awaiting trial.

Persons: “, George Floyd, Floyd, Manuel Ellis, hogtied, Ellis ’, Ellis, It’s, Matthew Collins, Christopher Burbank, Timothy Rankine, —, ”, Philip Stinson, they’re, Stinson, ” Collins, Rankine, Collins, Dan Gerl, Jeffrey Nelson, Jesse Sarey Organizations: — Police, Tacoma, Police, Bowling Green State University, Puget Law Group, Associated Press, Auburn Locations: TACOMA, Minneapolis, U.S, Kirkland , Washington, Washington, Burbank, Ohio, American, Pierce

☆ A government shutdown would be a 'gut punch' to Head Start programs that serve 10,000 low income children
▼ + stars: | 2023-09-30 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Head Start programs, which serve over 10,000 children across the nation, would lose funding. If the shutdown isn't averted, Head Start programs serving more than 10,000 children would immediately lose federal funding, including Ferguson's program. This is a particular concern with nearly 20% of Head Start staff positions vacant nationwide, according to the National Head Start Association. The 16-day October 2013 shutdown was the last to hit Head Start hard, affecting 19,000 children and shuttering programs in several states. Laketia Washington, a mother of eight whose 3- and 5-year-olds attend Head Start programs in Tallahassee, Florida, lamented the turmoil as she rang up customers at a discount store.

Persons: —, Monette Ferguson, Ferguson, Tommy Sheridan, Sheridan, Bobby Kogan, Lori Milam, she's, Philip Shelly, Nikki Budzinski, Maureen Coffey, Lynn Karoly, John, Laura Arnold, what's Organizations: Service, Alliance for Community Empowerment, Start Association, Sunday, Center for American Progress, West Virginia, Democratic U.S ., Start, Center for American, Rand Corp, Tim Center, Capital Area Community Action Agency Locations: Connecticut, Florida , Alabama , Connecticut, Georgia , Massachusetts, South Carolina, Illinois, Minnesota , New York, Maine, Houston, Florida, Laketia Washington, Tallahassee , Florida

If the shutdown isn’t averted, Head Start programs serving more than 10,000 children would immediately lose federal funding, including Ferguson's program. That's what worries Lori Milam, executive director of the West Virginia Head Start. This is a particular concern with nearly 20% of Head Start staff positions vacant nationwide, according to the National Head Start Association. Another pot of COVID-19 relief funds that helped Head Start ran out in the spring. Laketia Washington, a mother of eight whose 3- and 5-year-olds attend Head Start programs in Tallahassee, Florida, lamented the turmoil as she rang up customers at a discount store.

Persons: Monette Ferguson, “, ”, Ferguson, Tommy Sheridan, Sheridan, Bobby Kogan, Lori Milam, she's, Philip Shelly, Nikki Budzinski, Maureen Coffey, “ It’s, Lynn Karoly, John, Laura Arnold, what’s Organizations: KANSAS CITY, Alliance for Community Empowerment, Start Association, Sunday, Center for American Progress, West Virginia, Democratic U.S ., Start, Rand Corp, Tim Center, Capital Area Community Action Agency Locations: KANSAS, Mo, Connecticut, Florida , Alabama , Connecticut, Georgia , Massachusetts, South Carolina, Illinois, Minnesota , New York, Maine, Houston, Florida, Laketia Washington, Tallahassee , Florida

Daibes is now a key figure in a sweeping bribery case brought against Menendez, his wife and multiple other associates. Menendez, according to the indictment, then badgered both Sellinger and the prosecutor who had been put in charge of Daibes case, calling them several times. Menendez also asked one of his political advisors to let Sellinger know he was upset with the way the Daibes case was being handled, according to the indictment. Last year, following a delayed trial, Daibes pleaded guilty in his bank fraud case. But his sentencing has been repeatedly delayed and is now scheduled to take place next month.

Persons: —, Sen, Bob Menendez, Philip Sellinger, Sellinger, Menendez, Fred Daibes, Daibes, ”, Tim Donohue, ” Daibes, James Delaney, “, Delaney's, Bridget Delaney, Joe Biden, Nadine, David Schertler, Nadine Menendez, ” Sellinger, Menendez's Organizations: Attorney, U.S, Edgewater, New, Commission of Investigation, Associated Press, Department of Justice, New Jersey U.S, Attorney’s Locations: New Jersey, Daibes, Egypt, Manhattan, U.S, Hudson, Edgewater , New Jersey, Union City, Edgewater, ”, Newark

☆ ATP roundup: Alexander Zverev advances at Chengdu Open
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

10 Alexander Zverev of Germany defeated unseeded Pavel Kotov of Russia 7-6 (5), 4-6, 6-1 on Saturday to advance to the quarterfinals of the Chengdu Open in Chengdu, China. 2 seed Lorenzo Musetti of Italy also advanced by defeating Australia's Philip Sekulic 7-6 (3), 6-7 (4), 6-0. Other winners included Grigor Dimitrov (6-3, 6-4 vs. Juan Pablo Varillas), Arthur Rinderknech (7-6 (2), 6-4 vs. Marcos Giron) and Miomir Kecmanovic (6-2, 6-4 vs. Corentin Moutet). Zhuhai ChampionshipsGreat Britain's Cameron Norrie topped Australia's Marc Polmans 6-0, 6-3 to reach the Zhuhai Championships quarterfinals. 17 in the ATP and seeded second in the tournament, Norrie coasted in 77 minutes by recording five aces and converting 75 percent (33 of 44) on service points.

Persons: Alexander Zverev, Pavel Kotov, Zverev, Lorenzo Musetti, Australia's Philip Sekulic, Grigor Dimitrov, Juan Pablo Varillas, Arthur Rinderknech, Marcos Giron, Miomir, Britain's Cameron Norrie, Marc Polmans, Norrie coasted, Sebastian Korda, France's Alexandre Muller, Tomas Martin Etcheverry, Dalibor, Russia's Aslan Karatsev, Andy Murray Organizations: Chengdu, Zhuhai, ATP, Thomson Locations: Russia, Chengdu, China, Italy, Zhuhai, Argentina, Czech

☆ Reactions: Bank of England bashes pound after halting rate rises
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +8 min

A pedestrian carrying an umbrella walks near the Bank of England in the City of London, Britain, July 30, 2023. Investors had already rushed on Wednesday to reel in their bets on further UK rate rises after data showed UK inflation cooled surprisingly quickly in August. Against the euro , the pound was down 0.5% at 86.74 pence, having traded around 86.70 pence before the decision. "The MPC still refers to its flexibility to react should things change, but the chances are this could be the peak in this UK interest rate cycle." "However, there is a risk that the ‘lag effect’ on interest rate hikes means that today’s decision may not be felt for another 9 to 12 months."

Persons: Hollie Adams, Sterling, THOMAS, Huw Pill's, HUGH GIMBER, PHILIP SHAW, DOUGLAS GRANT, JEREMY BATSTONE, CARR, RAYMOND JAMES, FRANCES HAQUE, JOE TUCKEY, RICHARD GARLAND, GILES COGHLAN, BoE, stagflation, Amanda Cooper, Dhara Organizations: Bank of England, City of, REUTERS, London, Investors, Bank of, Bank, MPC, SANTANDER, LONDON, Core CPI, PMI, CPI, EMEA, Thomson Locations: City, City of London, Britain, London, MANX, EUROPEAN, FRANCE, GROUP, OXFORDSHIRE

☆ Why we’re still learning new things about the JFK assassination
▼ + stars: | 2023-09-13 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

According to the Warren Commission, the intact bullet was discovered when it was knocked onto the floor next to a stretcher holding Connally. There are differing positions on what to make of Landis’ memoirJefferson Morley edits a substack newsletter, JFK Facts, that pushes for more transparency in the official record on the Kennedy assassination. Farris Rookstool III is a former FBI analyst who reviewed Kennedy assassination documents. They’ve got the Warren Commission report, which most people now feel was incomplete and rushed. And he made an important point that extends well beyond the Kennedy assassination.

Persons: CNN —, John F, Kennedy, Paul Landis, Jacqueline Kennedy, “, Landis, John Connally, Connally, CNN’s, Jake Tapper ”, ” Landis, Tapper, I’ve, Jefferson Morley, “ Landis, ” Morley, Abby Phillip, Farris Rookstool, Lee Harvey Oswald’s, ” Rookstool, Phillip, They’ve, Warren, Oswald, Trump, Joe Biden, ”, Philip Shenon, Larry Sabato, – Sabato, don’t, That’s, Lyndon B, Johnson, Sabato, ” Sabato, they’ve Organizations: CNN, Secret Service, Texas Gov, Warren Commission, Parkland Memorial Hospital, Secret, JFK, FBI, Texas, National Archives, CIA, Congress, Defense Department, Department of State, American, Biden, Trump, Security, University of Virginia, Cuban, Warren, CBS Locations: Parkland, Warren, Cuban, Mexico, Soviet, Vietnam, Iran, Afghanistan, Iraq

☆ Fact Check-Trump not facing death penalty in Jan. 6 federal indictment
▼ + stars: | 2023-08-18 | by ( Reuters Fact Check | ) www.reuters.com time to read: +5 min

Elizabeth Moore, VP of PR and Communications at Breitbart, told Reuters, “We never indicated that the DOJ is seeking or will seek the death penalty. “The Eighth Amendment rules out the death penalty unless the defendant intended or had a high degree of culpability with respect to the death of the victim. “Nor does it plead any of the aggravating factors -- from a list in the federal death penalty statute --that need to be specified. When seeking the death penalty, the indictment must include special findings as detailed in the DOJ’s Justice Manual (here). Donald Trump is not facing the death penalty in the federal indictment brought by Special Counsel Jack Smith on overturning the 2020 election.

Persons: Donald Trump, Trump, Jack Smith, Fani Willis, “, Breitbart, Smith, Jack Smith’s, Elizabeth Moore, ” Moore, Joel Pollak, ” Daniel Richman, Paul J, Kellner, ”, Jack Beermann, Philip S, Beck, Peter Carr, Read Organizations: U.S, U.S . Department of Justice, U.S . Capitol, TRUMP, “ TRUMP, “ Trump, Communications, Breitbart, Reuters, DOJ, Trump, U.S ., Capitol, USC, Columbia Law School, Justice Department, Boston University School of Law Locations: Washington, Georgia, Fulton County, GEORGIA, Prison, U.S

☆ Joyce Carol Oates Figured Out the Secret to Immortality
▼ + stars: | 2023-07-16 | by ( ) www.nytimes.com time to read: +8 min

Talk Joyce Carol Oates Figured Out the Secret to Immortality“I have,” Joyce Carol Oates says, “so many ideas.” That’s putting it mildly. “The one I’m doing now, the reader’s going to be surprised.”Joyce Carol Oates in 1970. I don’t think about it too much. I thought, Wow, it’s so funny and weird and wonderful, and I don’t think there’s almost any readership for that. There’s Emily Dickinson over here, there’s Faulkner, there’s Cormac McCarthy, and I feel I’m in that territory.

Persons: Joyce Carol Oates, ” Joyce Carol Oates, “, ”, Oates, you’ll, ” Oates, Bettmann, what’s, Philip Roth, Philip, Bernard Malamud, I’m, John Updike’s, John Updike, Barack Obama, Jim Watson, Stickum, doesn’t, Nabokov, Ana de Armas, Marilyn Monroe, Cormac McCarthy, It’s, you’re, Monet, Van Gogh, there’s Hieronymus Bosch, he’s, Crumb, there’s Picasso, Emily Dickinson, there’s Faulkner, there’s Cormac McCarthy, David Marchese, Emma Chamberlain, Walter Mosley Organizations: Oates, Agence France, Presse, Getty, The New York, Twitter, Netflix, YouTube, Cal Newport Locations: America

☆ 'Tourflation'? Taylor Swift, Beyoncé and Bruce Springsteen could be making inflation worse
▼ + stars: | 2023-07-11 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

Beyoncé performs onstage during the “RENAISSANCE WORLD TOUR” at PGE Narodowy on June 27, 2023 in Warsaw, Poland. "One of the things of course that struck me is how enormously high prices for concerts, for gigs have become," he told CNBC Make It. "I suspect that there is an impact on inflation overall from concert prices becoming more expensive. That's not necessarily due to one particular artist," he said, adding that concert prices themselves do, however, appear to have increased. Taylor Swift performs onstage during night one of Taylor Swift | The Eras Tour at Nissan Stadium on May 05, 2023 in Nashville, Tennessee.

Persons: Beyoncé, Kevin Mazur, Taylor Swift, Bruce Springsteen, Elton John, Harry Styles, Ed Sheeran, Natalie Merchant, Klaus Baader, It's, Filip Andersson, Andersson, it's, Philip Shaw, haven't, Baader, John Shearer, Shaw Organizations: PGE, Getty, Ticketmaster, U.K, Societe Generale, CNBC, Danske Bank, Nissan Locations: Warsaw, Poland, U.S, Sweden, Stockholm, Swedish, Nashville , Tennessee

July 7 (Reuters) - A former U.S. Army financial counselor from New Jersey was criminally charged on Friday with defrauding grieving military families out of life insurance payments, causing millions of dollars of losses while reaping big commissions for himself. The U.S. Department of Justice charged Caz Craffy, 41, of Colts Neck, New Jersey, through a 10-count indictment with wire fraud, securities fraud and making false statements targeting members of at least two dozen Gold Star families. Craffy "preyed upon these vulnerable families," U.S. Attorney Philip Sellinger in New Jersey said at a news conference. Craffy, who is also known as Carz Craffey, also faces civil charges from the U.S. Securities and Exchange Commission. Gold Star families include people who have immediate family members who died in active duty.

Persons: Caz Craffy, Philip Sellinger, Craffy, Mark Berman, Sellinger, Gurbir Grewal, Grewal, Jonathan Stempel, Daniel Wallis Organizations: U.S, Army, U.S . Department of Justice, Gold Star, U.S . Securities, Exchange Commission, Star, Authorities, SEC, Thomson Locations: New Jersey, , New Jersey, New York

☆ PwC and KPMG fined over Eddie Stobart Logistics audit
▼ + stars: | 2023-06-29 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, June 29 (Reuters) - Britain's accounting watchdog said on Thursday it had fined PwC and KPMG, two of the world's top four auditors, for "serious" failings in their auditing of Eddie Stobart Logistics (ESL) company in 2017 and 2018. PwC was fined 1.9 million pounds ($2.4 million), reduced from 3.5 million pounds due to exceptional cooperation and admissions, the Financial Reporting Council (FRC) said in a statement. PwC admitted failings related to property transactions entered into by ESL, audit procedures, and property lease accruals, the watchdog said. The FRC also fined PwC audit partner Philip Storer 51,187 pounds. The FRC said it had fined KPMG 877,500 pounds, reduced from 1.35 million pounds due to admissions.

Persons: PwC, Eddie Stobart, Philip Storer, Cath Burnet, Burnet, Nicola Quayle, Huw Jones, John Stonestreet, Mark Potter Organizations: KPMG, Eddie Stobart Logistics, Financial, Council, ESL, FRC, Thomson

☆ The ultra-wealthy have dangerous pastimes. Who pays when they need saving?
▼ + stars: | 2023-06-24 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

This past spring, five people, including 56-year-old Czech billionaire Petr Kellner, died in a crash while heliskiing in Alaska. And when people need saving in some of the world’s most unforgiving places, those rescue costs can add up, fast. Canadian Forces/Handout/ReutersAfter an especially deadly season, Furtenbach says, demand for the following season tends to spike. Should people be prevented from taking on such incredible risk if it raises the possibility of an expensive rescue? “No one talks about people spending thousands of dollars to go to amusement park destinations or other tourist locations,” Vescovo said.

Persons: —, Petr Kellner, Everest —, ”, Lukas Furtenbach, Furtenbach, Jon Krakauer, ” Furtenbach, Sebastien Berger, Philippe Brown, Brown, ” Brown, “, haven’t, Philip Stone, ” Stone, Victor Vescovo, Vescovo, ” Vescovo Organizations: New, New York CNN, Royal Canadian Air Force, Canadian Forces, Reuters, Getty, OceanGate, Titan, US Coast Guard, French, Institute for Dark Tourism Research, University of Central, Coast Guard, National Park Service Locations: New York, Mount Everest, Czech, heliskiing, Alaska, Hudson, University of Central Lancashire, United States, New Hampshire, Oregon

The housing market has totemic importance in Britain's consumption-driven economy and is closely linked to consumer confidence. The average mortgage rate on new two-year mortgage deals rose on Wednesday to 5.90%, according to property data provider Moneyfacts - the highest since December last year, in the aftermath of the mini-budget. "It takes a far lower mortgage rate to create the same amount of financial stress in terms of repayments as a double-digit mortgage rate did back in previous periods," Hudson said. Reuters GraphicsSTRESSThe question now is how mortgage market stress will feed through into the real economy. Jamie Lennox, director at broker Dimora Mortgages, said there was "no end in sight" for the trouble in the mortgage market.

Persons: Hannah McKay, Liz Truss, We're, Neal Hudson, Hudson, Jamie Lennox, shivers, BoE, Philip Shaw, Lucy Raitano, Iain Withers, Kirsten Donovan Organizations: REUTERS, Bank of England, Investors, HSBC, Reuters, Financial, Thomson Locations: London, Britain, BoE's

☆ FDA considers temporary cancer drug imports from unapproved companies to ease U.S. shortage
▼ + stars: | 2023-06-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

She is one of hundreds of Ontario cancer patients who received diluted chemotherapy in the last year and who are still undergoing treatment to beat the disease. The FDA in the past has taken similar action to loosen restrictions on imports when faced with drug shortages. At least 14 cancer drugs are currently in short supply across the U.S. Up to 20% of cancer patients rely on platinum-based chemotherapy drugs such as cisplatin and carboplatin for treatment, according to the National Cancer Institute. Some cancer patients could die if the shortages are not quickly resolved, doctors said.

Persons: Dawn Deslippe, Diane Marley, Richard Lautens, Drug Administration –, Julie Gralow, We're, Gralow, —, Abdul Rafeh Naqash, Naqash, Philip Schwieterman, Schwieterman Organizations: Windsor Regional Hospital, Toronto Star, Getty, Drug Administration, CNBC, FDA, U.S, The American Society of Clinical Oncology, World Health, Pharmaceuticals, National Cancer Institute, American Society of Clinical Oncology, Stephenson Cancer Center, University of Oklahoma, University of Kentucky, kiwis Locations: WINDSOR, Ontario, United States, U.S, carboplatin

The Bronx resident said that by February, after a year of two PediaSure drinks per day, her grandson was still short for his age and had become "so overweight" that she stopped buying the drinks. Noriega dismissed PediaSure as "just a flavored sugar and milk-based drink that contains vitamins, which is not a cure for shortness." She said also that Abbott "knows from its own studies that its Clinically Proven Claim is false and misleading." PediaSure is part of the Abbott Park, Illinois-based company's pediatric nutritional segment, which also includes Pedialyte and Similac. The case is Noriega v Abbott Laboratories, U.S. District Court, Southern District of New York, No.

☆ Happy 100th Birthday, 16-Millimeter Film
▼ + stars: | 2023-04-18 | by ( Devika Girish | ) www.nytimes.com time to read: +2 min

One hundred years ago, the Eastman Kodak Company introduced a shiny new camera that promised to revolutionize moviemaking. The technical marvel, however, wasn’t just the camera but also the film inside. Until 1923, the film used most commonly in motion pictures was 35 millimeters wide. Until digital video arrived in the late 1990s, 16-millimeter film was the mainstay of the amateur or independent filmmaker, requiring neither the investment nor the know-how of commercial cinema. The third film, “Black Faces” from 1970, was an ebullient, one-minute montage of portraits of Harlem residents.

☆ Belize reaffirms ties with Taipei as Taiwanese president visits
▼ + stars: | 2023-04-03 | by ( Jose Sanchez | ) www.reuters.com time to read: +2 min

[1/3] Taiwanese President Tsai Ing-wen arrives at Philip S. W. Goldson International Airport, Belize City, Belize in this handout picture released April 3, 2023. Tsai's visit comes a week after Honduras severed diplomatic relations with Taipei in favor of Beijing amid heightened U.S.-China tensions. China claims democratically ruled Taiwan as its own territory with no right to state-to-state ties, a position Taipei strongly rejects. Guatemala and Belize are two of just 13 countries that Taiwan has diplomatic relations with. The Taiwanese leader is set to meet with U.S. House Speaker Kevin McCarthy in a second U.S. stopover in California on Wednesday.

Despite the improvement, British economic output remained 0.6% below its level of late 2019, the only G7 economy not to have recovered from the COVID-19 pandemic. Ruth Gregory at Capital Economics said Friday's figures showed high inflation had taken a slightly smaller toll than previously thought. But the picture could darken again if recent turmoil in the global banking sector leads to lenders reining in loans. BUSINESS INVESTMENT FALLSThe data suggested businesses remained cautious. The ONS said increased foreign earnings by companies, particularly in the energy sector, helped narrow the deficit.

Police officers involved in the deaths have become an intense focus of investigation, protest, and media coverage. Despite being at the heart of some of the most defining incidents in modern policing, most of the officers involved continue to live their lives under the radar. Insider's review of 72 cops involved in two dozen of the most notorious police killings of the past 30 years shows the many different paths officers have taken. There's no nationwide view into what happens to officers involved in egregious incidents of violence. In rare cases, cops involved in these killings have tried to publicly rehabilitate their image rather than seek out anonymity.

☆ Meet 25 power players transforming Google's multi-billion dollar ad business for the privacy era of 2023 and beyond
▼ + stars: | 2022-12-27 | by ( Hugh Langley | ) www.businessinsider.com time to read: +1 min

Google is rebuilding its advertising business as it readies to ax third-party cookies and mobile identifiers. These changes will require advertisers to rethink how they target consumers and measure campaigns. Insider identified the 25 power players at Google spearheading these changes. It's spearheading an initiative called Privacy Sandbox that's trying to rebuild how online ads work. Insider identified 25 of the most powerful people dedicated to rebuilding the Alphabet company's advertising business in 2023, based on our original reporting.

The implications of the world's most dovish central bank turning hawkish are too big to ignore. Japan's net international investment position, the difference between the stock of assets it holds overseas and stock of Japanese assets held by foreigners, is more than $3 trillion. And with Japan's portfolio investment assets and liabilities totaling $7.3 trillion, big yen moves could spill over to global leverage, hedging and derivatives exposures. As Washington-based consultant and former World Bank economist Philip Suttle notes, Kuroda can justifiably claim to have ended deflation. Over his 10-year tenure as BOJ governor, consumer prices have risen an average 0.77% year-on-year, compared with average 0.13% decline in the decade before.

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