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☆ Water’s big moment risks getting lost in the weeds
▼ + stars: | 2023-03-20 | by ( Antony Currie | ) www.reuters.com time to read: +6 min

The latest is research published last Thursday by the Global Commission on the Economics of Water. The sum, though, is just $140 million, and the U.S. government’s International Development Finance Corporation is pouring in three-quarter of the proceeds. But there is a decent investment case for water without state or supranational support. Without them, water’s big moment risks getting lost in the weeds. Follow @AntonyMCurrie on TwitterCONTEXT NEWSThe United Nations 2023 Water Conference starts on March 22, World Water Day, in New York.

☆ Lloyd Blankfein on safety of money: 'Sort of yes'
▼ + stars: | 2023-03-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

Lloyd Blankfein, the former CEO of Goldman Sachs said the answer is not black and white on “Fareed Zakaria GPS” Sunday. Instead, the central bank along with the Federal Deposit Insurance Corporation and the Treasury Department, have the power to guarantee deposits bank by bank if they find a systemic emergency. “Do we want to make it the duty of depositors to do that kind of forensic accounting analysis on banks?” Blankfein said. If it’s certified, we get on them.”The difference between 2008 and now is the difference in assets, Blankfein said. If the current model of banking stays in place, most Americans will think their money is only safe in too-big-to-fail banks, Blankfein said.

While remote workers are hitting the green on weekday afternoons, productivity isn't dropping. That's good news for leisure businesses and shows remote work has changed people's work structures. While some companies have called employees back to the office, Bloom doesn't think remote work is going anywhere. All those remote workers hitting the green doesn't necessarily mean people are working less. This will raise 'Golf productivity' — the number of golf courses played (and revenue raised) per course."

☆ A nature videographer flying a drone spotted an endangered loggerhead sea turtle struggling in the red tide. He quickly alerted wildlife officials who showed up to save it.
▼ + stars: | 2023-03-18 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

After he quickly alerted officials, the turtle was rescued and is still recovering at a rehab facility. The rehab facility confirmed the turtle had been exposed to red tide, a toxic algae bloom. Upon zooming in with his drone, it was obvious to McCarthy that the turtle needed help, and needed it fast. He knew the video would help him show that the turtle needed help. FWC notified Clearwater Marine Aquarium, which was located nearby and has a dedicated rescue and rehab facility for marine life.

You can still buy the Apple Watch Series 3, even though Apple no longer supports it. For a budget Apple Watch with better value, we recommend the 2022 Apple Watch SE instead. Apple Watch SE (2022) The second-generation Apple Watch SE is Apple’s new reigning budget smartwatch. Antonio Villas-BoasThe 2022 Watch SE replaced the Series 3 as the entry-level Apple Watch. Considering that the Apple Watch Series 3 is still functional and very good for the most basic tasks, some buyers might overlook its discontinued support.

☆ The US military has 6 new air-to-air missiles in the works
▼ + stars: | 2023-03-15 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +16 min

The US military has at least six new air-to-air missiles in active development. The US's current air-to-air missiles are effective, but they aren't designed for the newest US jets. Russia and China are fielding missiles with incredible rangeChinese-made PL-9C, left, and PL-5E air-to-air missiles at the Airshow China exhibition in November 2000. Peregrine Air-to-Air missileRaytheon's Peregine air-to-air missile has actually been around for a few years already. Modular Advanced Missile (MAM)The Modular Advanced Missile (MAM) is among the newest additions to this list.

☆ Ukrainian pilots are calling the US Air Force for tips on using US-made missiles and bombs
▼ + stars: | 2023-03-13 | by ( Christopher Woody | ) www.businessinsider.com time to read: +6 min

Members of the US Air National Guard have been providing advice for using US-made weaponry. Despite US support, Ukraine's air force is still at a disadvantage against Russia's larger force. Ukraine's air force still faces a tough operating environment. A California Air National Guard officer discusses exercise Safe Skies with his Ukrainian counterparts in July 2011. Ukrainian Air Force via Twitter"We've just got them some precision munitions that have some extended range and go a little bit further than a gravity-dropped bomb," Hecker added.

☆ How weapons from Western allies are strengthening Ukraine's defence
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +15 min

In the months after, artillery ammunition came, then Western artillery and vehicles. Ground-Launched Small Diameter BombAdd a description of the graphic for screen readers. Add a description of the graphic for screen readers. Although it uses a NATO-standard calibre for its main gun--120mm--the Challenger 2's barrel is rifled, unlike the smoothbore weapons used in other Western tanks. Air defense Ukraine's civilian infrastructure, including power plants and residential buildings, have come under increasing attack from Russian missiles and one-way drones, often launched from outside Ukraine's territory.

☆ Futures dip as SVB Financial extends rout, payrolls data awaited
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +2 min

The reading is likely to show nonfarm payrolls grew by 205,000 jobs in February, less than half of the eye-popping 517,000 additions in January. The unemployment rate is forecast to stay unchanged at 3.4%, the lowest since May 1969. "The strength of the January jobs data came as a surprise to markets," said Mark Haefele Chief Investment Officer, UBS Global Wealth Management in a note. ET, Dow e-minis were down 127 points, or 0.39%, S&P 500 e-minis were down 11.75 points, or 0.3%, and Nasdaq 100 e-minis were down 4.5 points, or 0.04%. Among other stocks, Gap Inc (GPS.N) fell 6.7% in premarket trading after the apparel maker posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates, signaling a slowdown in demand.

☆ Jim Cramer's top 10 things to watch in the stock market Friday: Bank fallout, jobs sweet spot
▼ + stars: | 2023-03-10 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Wall Street's main indexes recorded steep losses in the previous session after startups-focused lender SVB Financial Group's (SIVB.O) share sale to shore up its balance sheet wiped out more than $80 billion in value from bank shares. The bank is in talks to sell itself, the report added. All three major U.S. indexes were headed towards weekly losses as Fed Chair Jerome Powell earlier this week left open the possibility of a large rate hike at the Fed's March meeting, after the central bank dialed down the size of its rate hike last month. Declining issues outnumbered advancers by a 3.33-to-1 ratio on the NYSE and by a 3.88-to-1 ratio on the Nasdaq. Reporting by Amruta Khandekar and Shristi Achar in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

☆ Earnings Exchange: ULTA, GPS & DOCU
▼ + stars: | 2023-03-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings Exchange: ULTA, GPS & DOCUSteve Grasso, Grasso Global CEO, joins ‘The Exchange’ to discuss three companies reporting earnings later today: Ulta, Gap and DocuSign

☆ Ford's satirical Women's Day ad touts a 'car for men' with no blinkers, windshield wipers, or heaters
▼ + stars: | 2023-03-09 | by ( Alexa St. John | ) www.businessinsider.com time to read: +3 min

Ford celebrated Women's Day with a Ford Explorer Men's Only Edition. It's important to recognize women innovators and continue to boost equity in the auto industry. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Ford's advertisement this week showcased a new Ford Explorer void of many crucial vehicle features developed by women in the auto industry. Ford's advertisement this week showcased a vehicle that was void of many crucial features developed by women.

☆ Gap sees weak annual sales as inflation-hit consumers rein in spending
▼ + stars: | 2023-03-09 | by ( ) www.reuters.com time to read: +2 min

March 9 (Reuters) - Gap Inc (GPS.N) on Thursday posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates, signaling a slowdown in demand for its products as inflation-weary consumers curb discretionary spending. Shares of the company fell about 7% in extended trading after the Banana Republic parent also forecast first-quarter sales below estimates. The company also said president and chief executive officer of its Athleta brand, Mary Beth Laughton, was exiting the business, effective on Thursday. Sales at Old Navy, Gap's biggest brand, slid 6%, while at Athleta, which sponsors U.S. Olympic gymnast Simone Biles, they were down 1%. The company posted a fourth-quarter loss of 75 cents per share, compared to estimates of a loss of 46 cents.

☆ This week's jobs report will help determine if this nascent March rally has legs
▼ + stars: | 2023-03-05 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Where the market heads next will once again depend on inflation data — especially this week's highly anticipated jobs report. No portfolio companies report earnings next week. However, with mortgage rates bouncing back in recent weeks, it remains to be seen if the strong monthly report will see any follow up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ This startup has developed an operating system for GPs that cuts down on admin. Check out the 13-slide pitch deck Doctorly used to raise $10 million.
▼ + stars: | 2023-03-01 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

German health tech startup Doctorly has raised $10 million in Series A funding. The startup, founded in 2018, offers practice management software for healthcare providers. A German health tech startup that has developed an operating system for medical practices has raised $10 million in fresh funds. The startup wants to "re-digitize" practices and make it easier for them to adapt to external innovations in health tech. Doctorly is one of the very few regulated health tech startups in Germany and it believes its technology can help cut the time spent by practitioners on administration in half.

☆ Ford wants to allow your car to lock you out — and even drive itself to an impound lot or scrapyard — if you miss payments
▼ + stars: | 2023-02-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Ford wants to patent a system that would let cars repossess themselves if drivers miss payments. If the owner still skips payments, the car could lock them out and drive itself to a repo agency or even a scrapyard. If the owner is still behind on payments at this point, the car may take some pretty drastic action. In yet another case, the repossession system computer may communicate with the computer of the lending institution to identify the car's market value. If it would cost more to repossess the car than the car is worth, the vehicle could even drive itself to a scrapyard.

☆ The sun is about to get more active than it has for a decade — and it could lead to power outages, grounded flights, and stunning auroras
▼ + stars: | 2023-02-28 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +9 min

That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. That instability causes havoc in the magnetic fields at the surface of the sun, which become much more active. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. The worst solar storm we've seen happened in 1859. But as SpaceX and NASA aim to ramp up missions in coming years, they will need to prepare for solar storms.

☆ Larry Summers: Russia should rebuild Ukraine's economy
▼ + stars: | 2023-02-26 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Trade with Russia’s neighbors “has ramped up considerably in the last year, which suggests that they’re serving as a way station for goods to get into Russia,” Summers said. The way to win the economic aspect of this, Summers said, is to support Ukraine’s economy, which has left bombed cities and millions destitute. Russian assets should be the ultimate source to pay the bill to rebuild Ukraine, Summers said. In addition to Ukraine, Russian assets should be used to support “the developing world that have paid and suffered enormously from higher food and energy prices because of Russian aggression,” Summers asserted. It could set a “healthy precedent” for countries engaged in cross-border aggression like Russia to lose state assets, Summers added.

☆ Europe's venture capital firms are facing a painful 2023 as some struggle to prove returns to LPs in bid to raise fresh capital
▼ + stars: | 2023-02-23 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +5 min

Some of Europe's venture capital firms are struggling to show returns on their investments. Europe's venture capital sector has enjoyed a booming run in recent years. Now, the dramatically changed economic landscape has left not only the startups facing a scarcity of available capital, but also the venture capital firms that fund them too. There are likely to be countless more who are also struggling to raise capital. For some smaller firms, the frothy days of 2021 are looking increasingly like a distant memory.

☆ Putin's 'invincible' missile has a very common problem
▼ + stars: | 2023-02-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Putin has touted Russian hypersonic weapons like the Zircon missile as impossible to defend against. A destroyer, for example, might not detect a missile until it gets to within about 15 miles, according to Kaushal. Russian frigate Admiral Groshkov launches a Zircon hypersonic missile in the White Sea in October 2020. Russian Defense Ministry Press Service via APThe weapon was developed remarkably quickly compared to previous Russian missiles. "Furthermore, there appear to be no reported test failures, which is irregular for a new missile, especially one as complex as a hypersonic cruise missile," Kaushal noted.

☆ 'Insure against the worst': Goldman picks stocks for a soft — and hard — economic landing
▼ + stars: | 2023-02-21 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Despite this challenging environment, Goldman Sachs remains optimistic and expects a "soft-landing" for the U.S. economy. 'Soft-landing' stock picks To capture the upside in a soft-landing scenario, the Wall Street bank said that investors should own stocks that can benefit from a decelerating inflation environment. What follows are the first four stocks named by Goldman Sachs in its "soft-landing portfolio." Goldman Sachs analysts expect an earnings-per-share growth of 5% for Tesla and 7% for Garmin over the next 12 months, compared to a 1% growth for the S & P 500. Goldman Sachs has previously predicted that the S & P 500 will finish the year at the same level it started —4,000 — representing a return of 0% for 2023.

"High spot LNG prices and dwindling domestic production will mean that Pakistan will continue facing issues with ramping up gas-fired power generation," said Poorna Rajendran, LNG consultant at FGE. Despite LNG prices having fallen from last year's record highs, the superchilled fuel is still expensive for South Asian buyers as their currencies have weakened sharply, making it hard for them to boost LNG imports this year. Ship tracking data from Kpler shows Pakistan's LNG imports in 2022 fell 17% from the previous year to a five-year low. Bangladesh's LNG imports in 2022 fell 14% from the previous year, according to Kpler, which drove down power output while demand was rising. LNG prices are unlikely to ease enough to help Bangladesh and Pakistan, with analysts expecting a rebound in Chinese purchases to push prices up in 2023.

☆ Mysterious object destroyed by a $400,000 Sidewinder missile may have been a $12 hobby group balloon
▼ + stars: | 2023-02-17 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

The mysterious objects shot down over the US may have been hobbyist or weather balloons. One balloonist club believes its $12 balloon may have been among the objects destroyed. The club said that it had been tracking the course of its silver pico balloon. A pico balloon can cost anywhere from $12 to $180. And they're going to look not too intelligent to be shooting them down," Ron Meadows, whose California company designs pico balloons told Aviation Week.

☆ What's up there? Possible explanations for mystery objects downed by U.S.
▼ + stars: | 2023-02-15 | by ( Joey Roulette | ) www.reuters.com time to read: +5 min

Military officials say that until they are able to recover the debris, they are unlikely to know for sure what the objects were. Scientists use balloons to study wind patterns, air quality, and other aspects of Earth's atmosphere. STILL UNEXPLAINEDThe object downed over Canada on Saturday was described by Canada's defense minister as resembling a balloon. Senator Marco Rubio, leaving a classified briefing on the objects on Tuesday, told reporters that they are no different than the hundreds of benign objects cited in past intelligence reports. "We've never shot down anything in over 65 years of NORAD, and in one week they shot down three things," he said.

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