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☆ The Science Behind Controversial New Weight Loss Drugs Like Ozempic
▼ + stars: | 2023-03-27 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

E35The Science Behind Cold Plunges, Explained in Four Minutes Cold plunges and ice baths are all the rage, but does research actually back up claims that they have health benefits? WSJ’s Daniela Hernandez explains what’s known (and what’s not) about the science of cold exposure. Photo: Kerem Yucel/Agence France-Presse/Getty Images

☆ Morning Bid: Banks are leaking money
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

There is some relief that First Citizens BancShares Inc (FCNCA.O) is in advanced talks to acquire Silicon Valley Bank (SIVB.O). There was also some talk the Federal Reserve could expand its new lending programme for banks as another step to reassuring depositors. Money is clearly flowing out of smaller banks toward their bigger siblings and to money market funds, which have seen an inflow of more than $300 billion in the past month to a record $5.1 trillion. Capital Economics points out that deposits across all the banks have fallen by $663 billion in the past year as customers search for higher yield. Deutsche Bank's five-year CDS hit 222 bps on Friday, the highest since late 2018, while UBS CDS shot up to 139 bps.

Caitlin Clark’s long-distance shooting prowess has made her one of the most electrifying players in college basketball. Caitlin Clark’s first-half scoring vs. Colorado Zoomable composite image showing Clark scoring from various locations on the court during the first half. Clark’s second-half scoring vs. Colorado Zoomable composite image showing Clark scoring from various locations on the court during the second half. Clark shot 11 of 22 from the field on Friday and 4 of 9 from 3-point range. There’s no doubt that Clark will be shooting from everywhere — so keep an eye out for another logo 3-pointer.

☆ Why Fungi Are the Next Big Global Health Threat
▼ + stars: | 2023-03-24 | by ( Daniela Hernandez | ) www.wsj.com time to read: 1 min

☆ Mexico makes lots of electric cars, but few Mexicans drive them
▼ + stars: | 2023-03-21 | by ( Aida Pelaez-Fernandez | ) www.reuters.com time to read: +5 min

General Motors Co, Ford Motor Co, BMW and Volkswagen's Audi unit also are producing EVs in Mexico, or plan to. "There are still a number of issues that need resolving in Mexico before there's a massive influx of electric cars," said Mario Hernandez, KPMG's lead manufacturing partner in Mexico. Hernandez said drawbacks included a lack of subsidies for buyers, high costs for installing charging devices at homes and a shortage of public charging stations, vital for longer journeys. Mexico has about 1,100 charging stations nationwide, mostly in the capital and other major cities, according to AMIA. Pedro Corral, director of operations for EV charging stations platform Evergo, drives his all-electric i3 BMW around Mexico City.

☆ Rapper Bad Bunny sued for $40 million over ex-girlfriend's voice recording
▼ + stars: | 2023-03-21 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Puerto Rican rapper Bad Bunny is being sued by his ex-girlfriend for $40 million over claims he used a recording of her voice without permission or compensation. De la Cruz and Bad Bunny dated on and off starting in 2011, according to the lawsuit. She alleges in the court documents that Bad Bunny offered her $2,000 to buy the recording in 2022 but she declined. Bad Bunny rose to prominence in 2018 after being featured on the Cardi B chart-topper "I Like It." Bad Bunny is set to headline the 2023 Coachella music festival next month.

[1/5] A Venezuelan flag next to some flags of Venezuela's state oil company PDVSA is pictured near the company's headquarters, in Caracas, Venezuela March 20, 2023. REUTERS/Leonardo Fernandez ViloriaCARACAS, March 20 (Reuters) - Venezuela's President Nicolas Maduro on Monday accepted the resignation of the country's powerful oil minister following the detention of at least six high level officials amid a corruption probe focused on state-run company PDVSA and the judiciary. Arresting government officials for corruption is rare in Venezuela, a country that rights groups such as Transparency International have described as opaque. The sources also said that at least 20 lower level officials at PDVSA have been arrested in recent days. The arrests are the largest recent crackdown on alleged PDVSA corruption.

☆ Real will attack Barcelona with title on the line - Ancelotti
▼ + stars: | 2023-03-18 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

BARCELONA, March 18 (Reuters) - Real Madrid will not hold back in El Clasico against Barcelona at Camp Nou on Sunday as they bid to close a nine-point gap their arch-rivals at the top of LaLiga. Without taking risks, we will go out on attack," Real manager Carlo Ancelotti told a news conference on Saturday. They suffered a little more than usual but won that game," Ancelotti said. Coach Xavi Hernandez expects his back line will be tested by Real but is confident of causing them problems. "I think Real Madrid will be more aggressive and attack more than usual because of the situation that they are facing, nine points behind us," Xavi told a news conference.

Operations were normal at the company's Normandy site in the north, while the Feyzin refinery in the southeast was operating almost normally, the person added. A union official said earlier that the Normandy refinery would be stopped this weekend. At oil major ExxonMobil's (XOM.N) Esso-branded Port Jerome refinery in Normandy, workers have been called to strike from Saturday at 2 p.m. (1300 GMT), a CGT union official said. It was unclear whether Esso's Fos-sur-Mer refinery in the south would be similarly affected. Reporting by Benjamin Mallet, Forrest Crellin and America Hernandez; Editing by Jan Harvey and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Sanofi to cut US price of its most-prescribed insulin by 78%
▼ + stars: | 2023-03-16 | by ( Patrick Wingrove | ) www.reuters.com time to read: +3 min

In addition to Lantus, Sanofi said it will cut by 70% the list price for its fast-acting insulin, Apidra. The branded list price of Lantus is $438.07 for the pre-filled pens and $292.07 for a 10 ml vial. Rival Novo Nordisk on Tuesday said it would cut U.S. list prices for several insulin products by up to 75% next year. That followed Lilly's March 2 decision to cut list prices by 70% for Humalog and Humulin, its most commonly prescribed insulin products. Most Americans with insurance do not regularly pay list price for insulin, but they may have an insurance co-pay based on the drug's list price or pay full price up to a certain amount of money spent.

☆ Streamers are spending big on sports rights from soccer to MMA, and a surge in Spanish-language viewing has 'opened up a whole different market'
▼ + stars: | 2023-03-13 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +5 min

Fox scored 16.7 million viewers for the World Cup final in November; Peacock had 9 million for its Spanish-language coverage. Soccer's UEFA Champions League offers the next big Spanish-language rights opportunity. "The World Cup has opened up a whole different market for Spanish-language rights," said one sports exec. That gives Peacock Spanish-language streaming rights to this year's FIFA Women's World Cup along with the men's World Cup in 2026, which is being co-hosted in Canada, Mexico, and the US. "Spanish-language rights have been going up consistently," Irwin Raij, the co-chair of law firm Sidley Austin's entertainment, sports, and media group, told Insider.

☆ How a laid-off worker used TikTok to find a new job: 'You have to look at non-traditional ways of making those connections'
▼ + stars: | 2023-03-12 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

"Because obviously getting referrals or a job through TikTok sounds kind of insane when you kind of think about it. Vining is now a consultant technical project manager after getting a referral from someone who commented on one of his TikTok videos. Others have also shared their layoff experience in TikTok videos. "So I think you have to look at non-traditional ways of making those connections. And in my instance, my non-traditional way of making a connection that led to a job was through TikTok."

☆ The next big prize in sports streaming will be Spanish-language rights to soccer and more — here's why NBCUniversal's Peacock has a running start
▼ + stars: | 2023-03-08 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +5 min

☆ Spring training roundup: Mets win Kodai Senga’s debut start
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +6 min

Cardinals catcher Tres Barrera was responsible for the only hit and run Senga allowed, a solo shot to left in the second. Francisco Lindor and Pete Alonso hit solo home runs and Tim Locastro hit a pair of RBI doubles and scored on a throwing error for New York. The Rays got their two runs from solo homers by Jose Siri and Randy Arozarena. Jake Rogers hit his third home run of spring training for the Tigers. The Athletics, who have flirted with a move to Las Vegas, played a two-game spring training series this weekend at Las Vegas Ballpark.

☆ French environment minister urges restrictions to avoid water crisis
▼ + stars: | 2023-03-06 | by ( America Hernandez | ) www.reuters.com time to read: +2 min

REUTERS/Eric GaillardPARIS, March 6 (Reuters) - France's 100 departmental prefects should not hesitate to enact quick decrees restricting local water use given alarmingly low groundwater levels, French Environment Minister Christophe Béchu said on Monday. The announcement came after Béchu met virtually with prefects to get a view of the country's overall water situation as the country experiences its driest winter since 1959. Low water levels last summer impacted hydroelectric production and forced reduced power output at France's nuclear plants, which use river water to cool reactors. In several parts of France there was also an interruption of drinking water, which Béchu said he was keen to avoid this year. A national water resource management plan, initially expected in January, is now slated to be published before the end of March, the ministry said.

☆ The US Air Force is stripping most of the identifying information off of its biggest planes
▼ + stars: | 2023-03-05 | by ( Thomas Novelly | ) www.businessinsider.com time to read: +6 min

US Air Mobility Command has ordered its refueling and cargo planes to obscure their identifying markings. "At the end of the day, it's still very clearly an Air Force plane unless you're going to start painting them white or something," Paladino said. A US Air Force C-130 with most of its markings removed at Rafael Hernández International Airport in Puerto Rico on February 25. Minihan's memo, which was leaked in late January, highlights the mentality and war footing on which he's placed Air Mobility Command, which has historically been used as a support organization for combat operations. Air Mobility Command played a major role in the Afghanistan evacuation in 2021 and continues to help deliver weapons and aid to Ukraine in its fight against Russia.

☆ Take a Plunge Under Antarctica’s Ice, With Robots
▼ + stars: | 2023-03-03 | by ( Daniela Hernandez | ) www.wsj.com time to read: 1 min

Glaciologists are using robots to capture close-up views of ice shelves, floating platforms of ice that slow down the flow of ice into the ocean. They can use the measurements robots collect to improve climate models that predict sea-level rise. Icefin/NASA PSTAR RISE UP/Schmidt/Dicheck

MADRID/PARIS/STOCKHOLM, March 2 (Reuters) - France and Spain are poised to announce a breakthrough this week in a long-running impasse over hefty costs of what would be their first undersea electricity link, a minister and sources in both countries told Reuters. That was due to unforeseen seabed instability on the French side that required costly re-routing, and rising costs of raw materials. Spain is a growing producer of renewable energy that it exports to France and it wants its neighbour to pay most of the extra costs. That had led to disagreement amid wider tensions between them about pipeline connections and protectionism. Spanish sources said the go-ahead would likely mean that France, whose nuclear power industry has been beset by problems, finally agreed to pay more.

☆ Spring training roundup: Pirates, O’s play unneeded bottom of 9th
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +5 min

Orioles catcher Maverick Handley called balls and strikes thrown by teammate right-hander Ofreidy Gomez during the half inning. The Pirates opened a 5-0 lead before the Orioles put up four runs across the fifth and sixth innings, thanks in part to Franchy Cordero's two-run home run. Kevin Pillar had a two-run homer and an RBI single to power the Braves' offense. Phillies 7, Blue Jays 2Trea Turner hit a two-run single and finished 2-for-3 with a run as host Philadelphia took care of Toronto in Clearwater, Fla. Jace Peterson cracked a three-run homer for the Athletics.

☆ French court dismisses Uganda lawsuit against TotalEnergies
▼ + stars: | 2023-02-28 | by ( America Hernandez | ) www.reuters.com time to read: +2 min

Companies TotalEnergies SE FollowPARIS, Feb 28 (Reuters) - A French civil court ruled on Tuesday that a lawsuit brought by campaigners against energy major TotalEnergies (TTEF.PA) over its oil projects in Uganda and Tanzania was inadmissible. TotalEnergies in a statement to Reuters said the court had found it "formally established a vigilance plan comprising the five items required by the duty of vigilance law, in sufficient detail so as not to be considered purely summary". The court in its ruling, the first based on the 2017 law, said nothing prevented France from enacting laws that govern the overseas activities of companies present in France. TotalEnergies had argued a French court did not have jurisdiction over the overseas activities of its subsidiary TotalEnergies EP Uganda. Reporting by America Hernandez and Benjamin Mallet; editing by Silvia Aloisi and Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

☆ French court to rule on landmark TotalEnergies Uganda case
▼ + stars: | 2023-02-27 | by ( America Hernandez | ) www.reuters.com time to read: +3 min

PARIS, Feb 27 (Reuters) - A French court on Tuesday could order oil major TotalEnergies (TTEF.PA) to halt the development of an east Africa pipeline in a landmark case based on legislation that makes big companies liable for risks to the environment and human rights. TotalEnergies has argued that its vigilance, compensation and relocalisation plans are fair and legal, and that a French court does not have the power to control the overseas activities of its subsidiary TotalEnergies EP Uganda. The non-governmental organisations behind the suit seek an emergency suspension of TotalEnergies' east Africa projects until financial compensation has been paid to those they say have been harmed as a result of those plans. In a statement to Reuters on Monday, TotalEnergies said its vigilance plan had been implemented effectively in the projects under scrutiny. Reporting by America Hernandez, Editing by Silvia Aloisi and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

"BNP Paribas continues to write new blank cheques to the largest fossil fuel companies without setting any conditions for an oil-free, gas-free ecological transition," said Alexandre Poidatz, advocacy officer at Oxfam France. In a statement sent to Reuters, BNP said it regretted the advocacy groups chose litigation over dialogue and that it could not stop all fossil-fuel financing right away. "We're convinced that the ecological transition is the only viable path for the future of our economies," it said. "We are focused on our fossil-fuel exit path, accelerating financing for renewable energies and supporting our customers, without whom the transition cannot be made." No court in France has yet forced a firm to change its ways on the basis of this law.

☆ Morning Bid: Blue chips cheered up
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +5 min

[1/2] The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. Its CEO Jensen Huang said use of its chips to power AI had "gone through the roof in the last 60 days." The Federal Reserve at least seems keen on the higher-for-longer message that's shaken world stock and bond markets this week. And as the minutes pre-date red-hot jobs and retail data for January, the message from Fed officials is probably even sterner now. A Reuters poll of equity analysts showed global stock markets are expected to correct in the next three months.

☆ Live updates: Supreme Court hears Gonzalez v. Google case against Big Tech
▼ + stars: | 2023-02-21 | by ( Brian Fung | Tierney Sneed | ) edition.cnn.com time to read: +4 min

The US Supreme Court is seen in Washington, DC, on January 19. (Stefani Reynolds/AFP/Getty Images)The Supreme Court is set to hear back-to-back oral arguments Tuesday and Wednesday on two cases that could significantly reshape online speech and content moderation. First up Tuesday is the Gonzalez v. Google case. The case involving Google zeroes in on whether it can be sued because of its subsidiary YouTube’s algorithmic promotion of terrorist videos on its platform. Beatrice Gonzalez and Jose Hernandez, the mother and stepfather of Nohemi Gonzalez, who was fatally shot and killed in a 2015 rampage by Islamist militants in Paris, are seen outside the U.S. Supreme Court in Washington, on February 16.

Circuit Court of Appeals relied on another law, called Section 230 of the Communications Decency Act of 1996, that protects internet companies from liability for content posted by their users. This case marks the first time the Supreme Court will examine the scope of Section 230. Many websites and social media companies use similar technology to give users relevant content such as job listings, search engine results, songs and movies. Legal experts note that companies could employ other legal defenses if Section 230 protections are eroded. Many conservatives have said voices on the right are censored by social media companies under the guise of content moderation.

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