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☆ From Bookseller to Blue Origin: A Look Back at the Career of Jeff Bezos
▼ + stars: | 2023-11-03 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

From Bookseller to Blue Origin: A Look Back at the Career of Jeff BezosAmazon founder and former CEO Jeff Bezos successfully completed the first manned mission of Blue Origin’s New Shepard spacecraft. In this video, WSJ looks back at the remarkable career of the world’s richest man. Photo: Joe Raedle/Getty Images

Persons: Jeff Bezos, Origin’s, Joe Raedle Organizations: Shepard

☆ Amazon Founder Jeff Bezos Sets Move to Miami After Decades in Seattle
▼ + stars: | 2023-11-03 | by ( Thomas Gryta | ) www.wsj.com time to read: 1 min

Amazon founder and former CEO Jeff Bezos successfully completed the first manned mission of Blue Origin’s New Shepard spacecraft. In this video, WSJ looks back at the remarkable career of the world’s richest man. Photo: Joe Raedle/Getty ImagesAmazon.com founder and former Chief Executive Jeff Bezos plans to relocate to Miami after almost three decades in Seattle, where the online retailer grew into one of the world’s largest companies. Thursday evening, Bezos posted on Instagram that his parents recently moved back to Miami, where he graduated from high school in 1982. He praised his time in Seattle and said it was an emotional decision.

Persons: Jeff Bezos, Origin’s, Joe Raedle, Bezos Organizations: Shepard Locations: Miami, Seattle

☆ Jeff Bezos Plans Miami Move for Family, Work…and It Might Help Tax-Wise, Too
▼ + stars: | 2023-11-03 | by ( Thomas Gryta | Laura Saunders | ) www.wsj.com time to read: 1 min

Amazon founder and former CEO Jeff Bezos successfully completed the first manned mission of Blue Origin’s New Shepard spacecraft. In this video, WSJ looks back at the remarkable career of the world’s richest man. The Amazon.com founder and former CEO posted his plans on Instagram Thursday. “I want to be close to my parents, and Lauren and I love Miami,” he wrote, referring to his partner, Lauren Sanchez. He said his parents recently moved back to Miami, where he graduated from high school in 1982.

Persons: Jeff Bezos, Origin’s, Joe Raedle, “, Lauren, Miami, ”, Lauren Sanchez Organizations: Shepard Locations: Seattle, Miami

☆ UN cites 'alarming' rise in Israeli army operations in West Bank
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +3 min

A Palestinian woman checks the damage after an Israeli raid, in Jenin refugee camp in the Israeli-occupied West Bank. REUTERS/Raneen Sawafta Acquire Licensing RightsGENEVA, Nov 3 (Reuters) - The United Nations rights office on Friday described "alarming" conditions in the occupied West Bank, saying Israeli forces were increasingly using military tactics and weapons in law enforcement operations there. The Israeli military has reported a sharp increase in operations against militants in the West Bank since the Oct. 7 attack, making some 1,260 arrests, of whom it said some 760 were affiliated with Hamas. While Hamas and the smaller Iranian-backed Islamic Jihad militant group are mainly based in Gaza, over recent years they have also expanded their presence across the West Bank, notably in volatile cities including Jenin and Nablus. "We have documented that in many of these incidents, settlers were accompanied by members of the Israeli forces, or the settlers were wearing uniforms and carrying army rifles," she said.

Persons: Raneen, Liz Throssell, Throssell, Ammar Al, Gabrielle Tétrault, Farber, Emma Farge, Rachel More, Mark Heinrich Our Organizations: West Bank, REUTERS, Rights, United, Human Rights, Hamas, Jihad, Independent Commission of Human, Thomson Locations: Jenin, United Nations, Israel, Gaza, East Jerusalem, Nablus, Palestine, Ramallah, Geneva, videolink

☆ Elon Musk says xAI is ready to release its first AI model to a 'select group'
▼ + stars: | 2023-11-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk says xAI is about to release its first AI model. He said the model would be available to a "select group" on Saturday. AdvertisementAdvertisementElon Musk's xAI is gearing up to release its first AI model. In a post on X, formerly Twitter, Musk announced his company was set to release the model to a "select group" on Saturday. It's unclear who is part of the "select group" to gain access to the model.

Persons: Elon Musk, xAI, —, Elon, Musk, He's, GPT, Manuel Kroiss, Igor Babuschkin Organizations: Service, Twitter

☆ Opinion | An Unarmed Teen Was Shot During a Cease-Fire. Israel Was Never Held to Account.
▼ + stars: | 2023-11-03 | by ( Rabea Eghbariah | ) www.nytimes.com time to read: +9 min

The injury left Mr. Nabaheen permanently paralyzed and wheelchair bound for the rest of his life. I represented him as part of a landmark case that sought civil remedies for his life-changing injuries through the Israeli court system. Put simply, Mr. Nabaheen’s case set a chilling precedent such that no one in Gaza can seek compensation for any damages caused by Israel. Many of them, like Mr. Nabaheen, had already survived several wars before finally succumbing to this one. And like Mr. Nabaheen, there will likely be no recognition or recourse for their tragedies.

Persons: Attiya Nabaheen, Nabaheen, Mezan, Nabaheen’s, Al Mezan, Mr, ”, Esther Hayut, “ Organizations: Palestinian, Israeli, Legal Center, Arab Minority Rights, Al Mezan, for Human Rights, Israeli Ministry of Defense, United Nations, Supreme Locations: Gaza, Israeli, Haifa, United States, Israel, Adalah, Gaza City

☆ Sam Bankman-Fried tried to pin his fraud scheme on his closest friends. Then they turned on him for it.
▼ + stars: | 2023-11-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +12 min

A jury found Sam Bankman-Fried guilty in his fraud trial over the collapse of FTX. One by one, his friends flipped to work with the prosecution and threw Bankman-Fried under a much bigger bus. That's how a jury found him guilty of seven counts in his federal fraud trial in downtown Manhattan on Thursday evening. AdvertisementAdvertisementSingh, for example, testified he was "blindsided and horrified" when he found out in November that Alameda had used FTX customer money. The sentencing schedule may depend on a second criminal trial Bankman-Fried faces for alleged illegal campaign contributions.

Persons: Sam Bankman, Fried, SBF, —, FTX, –, Nicolas Roos, Jim Angel, Angel, Caroline Ellison, Gary Wang, Nishad Singh, Bankman, Singh, blindsided, Ellison, Sam, Eduardo Munoz Alvarez, Wang, Singh —, Mark Cohen, Cohen, who'd, Adam Yedidia, Sun, deflating, they're, Chelsea Jia Feng, Danielle Sassoon, Roos Organizations: Service, Prosecutors, MIT, Georgetown, Financial Markets, Alameda, Bankman Locations: FTX, Alameda, Manhattan, Bankman

We are actually going to be looking at this in the very early days of generative AI. casey newtonYeah, this feels like one of the big questions in AI right now. rebecca tushnetSo I see why you say that’s strange, but in fact, it’s exactly how you would make a general-purpose tool. But now, finally, along come these new technologies to take them down a peg, and they’re actually going to have to work for a living. So maybe they’re slapping, like, AI sort of things around the stories that they’re aggregating.

Persons: kevin roose Casey, casey newton What’s, kevin roose, casey newton Dots, casey newton, they’re, kevin roose —, casey newton Dot, CASEY, Biden, Mr, kevin roose I’m Kevin Russo, ” casey newton, Casey Newton, Rebecca Tushnet, casey newton Kevin, I’d, Rachel, kevin roose Aw, Harry Potter, kevin roose Wow, SpongeBob, Chuck Schumer, let’s, it’s, Claude, kevin roose Totally, casey newton Yes, Yann LeCun, It’s, you’re, you’ve, Sam Altman, Dario Amodei, kevin roose I’ve, Arati Prabhakar, arati prabhakar, Ben Buchanan, ben buchanan, casey newton Well, Dodd, Frank, I’m, kevin roose Will, You’ve, kevin roose God, kevin roose Hey, Casey, we’ve, Sarah Anderson, who’s, Emad Mostaque, Anderson, weren’t, Kevin, — casey newton, ” rebecca tushnet, rebecca tushnet, that’s, there’s, casey newton Right, I’ve, “ Barbie, “ Barbie ”, Sarah Anderson’s, rebecca tushnet It’s, Barbie, casey newton I’m, Rebecca, Westlaw, we’re, Cory Doctorow, what’s, casey newton Um, Pattie, it’s minty, Patties, Let’s, casey newton No, it’ll, casey newton That’s, KEVIN, “ Joe Biden, ’, Bruce Reed, Joe Biden, ” ‘, Reed, Camp David, Biden’s, —, kevin roose Jack, Jack, ”, Lily James, kevin roose Oh, kevin roose Ugh, kevin roose Horrible, kevin roose “ Cruise, ” “ Cruise, They’re, haven’t, casey newton Close, kevin roose It’s, Guy, casey newton I’ve, Newton Organizations: Target, Opera, The New York Times, White, White House, casey newton People, Google, casey, Science, Technology, Defense Department, Biden White House, Communications, Department of Commerce, European Union, Harvard Law, Midjourney, Copyright, Stability, Harvard Law School, Associated Press, Adobe, Starbucks, Disney, YouTube, Stetson, Media, Biden, NVIDIA, Variety, Staff, Associated, Microsoft, Guardian, General Motors, Cruise, House Locations: Washington, Bikini, Valley, OpenAI, Anthropic, Silicon Valley, Europe, America, York, They’re, Camp, Sydney, United States, California, Austin , Texas, Phoenix, Dallas , Houston, Miami, San Francisco, Franciscans

TOKYO (AP) — The tsunami-damaged Fukushima Daiichi nuclear power plant began its third release of treated and diluted radioactive wastewater into the sea Thursday after Japanese officials said the two earlier releases ended smoothly. The plant operator discharged 7,800 tons of treated water in each of the first two batches and plans to release the same amount in the current batch through Nov. 20. The plant began the first wastewater release in August and will continue to do so for decades. About 1.34 million tons of radioactive wastewater is stored in about 1,000 tanks at the plant. China immediately banned all imports of Japanese seafood, badly hurting Japanese seafood producers and exporters.

Organizations: TOKYO, Tokyo Electric Power Company Holdings, TEPCO, Health, International Atomic Energy Agency, IAEA Locations: Japan, South Korea, China, Asia, asia

☆ Some Tesla workers say they'd never work in a unionized factory, even as Ford and GM workers are set to get a major pay boost
▼ + stars: | 2023-11-02 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

While Elon Musk has spoken out against unions, a major Tesla factory reportedly has a UAW organizing committee that's speaking with workers. Some Tesla workers say they wouldn't join a unionized company and predicted the UAW would struggle to find footing at Tesla. AdvertisementAdvertisementThe United Auto Workers might have set its sights on Tesla, but some workers at the EV company told Insider they'd be hard-pressed to join a union. Even before the 36-day strike, Ford and GM already spent over $20 more per hour on factory workers than Tesla, according to analysts. Still, other workers told Insider they wouldn't jump ship even for a better pay package at a unionized company.

Persons: Elon Musk, —, Shawn Fain, Tesla, Musk, they'd, Metall, Marquard, it's, you've, Fain, Elon Organizations: UAW, Tesla, Service, United Auto Workers, EV, Detroit automakers, Ford, General Motors, GM, Fremont, Elon Musk's, National Labor Relations Board, Buffalo New, NLRB, Bloomberg, Workers Locations: Fremont, California, Buffalo New York, rehire, company's Brandenburg, Tesla, Tesla's

Bank of Japan Governor Kazuo Ueda attends a press conference after its policy meeting in Tokyo, Japan October 31, 2023, in this photo taken by Kyodo. In addition, interest rate changes were asymmetric — Fed rate hikes following stock market recoveries were usually muted compared with the initial cuts. This was an explicit, open-ended policy to hold the currency at a set level and flood the Swiss economy and markets with oceans of liquidity, but essentially still a central bank put. As Marc Chandler at Bannockburn Global Forex points out, it is financial stability that is ultimately - and rightly - at the heart of the so-called central bank put. "There is a perception or myth that has built up around the central bank put.

Persons: Kazuo Ueda, Alan Greenspan, Louis, William Poole, Greenspan, Steven Englander, Marc Chandler, Chandler, Jonathan Oatis Organizations: Japan, Kyodo, REUTERS Acquire, Rights, Bank of Japan, Federal Reserve, Louis Fed, Swiss National Bank, Standard Chartered, National Bureau of Economic Research, Swiss, Reuters, Bannockburn Global, Thomson Locations: Tokyo, Japan, Rights ORLANDO , Florida, New York, Switzerland, Swiss, Bannockburn

☆ China is cracking down on weather stations it says are spying for foreign countries
▼ + stars: | 2023-11-01 | by ( Nectar Gan | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China is cracking down on weather stations it says are spying for foreign countries, the latest measure in a broad counter-espionage campaign under leader Xi Jinping amid intensifying geopolitical tensions. Some stations were set up around sensitive sites such as military bases and defense companies to locate altitude and GPS data, the spy agency said. The authorities made the discovery after investigating more than 10 overseas meteorological equipment agents and inspecting more than 3,000 foreign-linked meteorological stations nationwide. “Meteorological data… is an integral part of data security and resource security. It’s closely linked to military, food, and ecological security, climate change, and public interests,” the Ministry of State Security said.

Persons: Xi Jinping, William Burns, “ Organizations: Hong Kong CNN, Ministry of State Security, Embassy, Twitter, United, China’s Ministry of State Security, CIA Locations: Hong Kong, China, Beijing, United States, Washington

☆ The Fed probably won't cut interest rates just yet — but its next move is expected to be good for Americans
▼ + stars: | 2023-10-31 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

It's expected to pause interest rate hikes. On Wednesday, the Federal Open Market Committee is expected to announce its next interest rate decision, and a hike probably isn't in the cards. In September, the Fed paused interest rate hikes as it continued to receive promising data on the country's economic recovery. Powell has not indicated whether a interest rate cut will come this year to get consumers further relief. AdvertisementAdvertisementEven if interest rate cuts are not on the horizon anytime soon, administration officials are confident Americans will not face a recession as they enter 2024.

Persons: It's, —, Nick Bunker, Bunker, Jerome Powell, Powell, we've, Greg McBride, we're, McBride, Janet Yellen, Joelle Gamble, Gamble Organizations: Federal, Service, Fed, North America, New York Federal, Bloomberg, White, National Economic Council Locations: Israel, Ukraine

☆ The Strange Omission of Slavery from a Charleston Ghost Tour - The New York Times
▼ + stars: | 2023-10-30 | by ( Colin Dickey | ) www.nytimes.com time to read: +3 min

(The church discourages these stories; a plaque on the grounds reads: “The only ghost at St. Philip’s is the Holy Ghost.”)Leaving race out of any history is a striking blind spot — even in a ghost tour. Born into slavery, Vesey had purchased his freedom in 1799 after winning a lottery, and became a prosperous carpenter. Some websites will tell you to look for Vesey’s ghost at the Old Charleston Jail, a structure that’s stood since 1802. Long after my own tour, I tracked down two longtime ghost tour guides, Joy Watson and Randy Johnson, who regularly take visitors up to the old jail. They told me that they had never heard of any Vesey ghost sightings there.

Persons: Stede Bonnet, Harriet Mackie, Sue Howard, Philip’s, Denmark Vesey, Vesey, Emanuel ”, Long, Joy Watson, Randy Johnson Organizations: Old, Philip’s, African Methodist Episcopal Church Locations: Holy, St, Charleston, Denmark, Haiti

☆ Man charged with making threats against Georgia officials connected to case against Trump
▼ + stars: | 2023-10-30 | by ( Jason Morris | ) edition.cnn.com time to read: +2 min

CNN —An Alabama man has been charged with making threatening voicemails to Fulton County officials in Georgia because of their connections to the case against former President Donald Trump. Hanson, from Huntsville, Alabama, called the Fulton County government customer service line twice in August and left voicemails in which he threatened violence against the officials, according to US Attorney Ryan Buchanan. The Fulton County district attorney’s office declined to comment. Fulton County Sheriff Patrick Labat, center, speaks to the media June 1, 2021, in Atlanta. Ben Gray/AP“Threats of harm were directed towards me and District Attorney Willis for simply doing our job,” Labat said in a statement.

Persons: voicemails, Donald Trump, Arthur Ray Hanson II, Fani Willis, Fulton County Sheriff Patrick Labat, Hanson, Ryan Buchanan, Willis, Trump, you’re, ” Hanson, Labat, Ben Gray, ” Labat, “, ” Willis, Georgia’s Organizations: CNN, Fulton, Fulton County Sheriff, Justice Department, “, FBI, Trump Locations: An Alabama, Fulton County, Georgia, Atlanta, Huntsville , Alabama

☆ These are 28 of the most influential women executives in sports media, driving deals with the NFL and NBA, expanding coverage of women's sports, and more
▼ + stars: | 2023-10-30 | by ( Margaret Fleming | Lucia Moses | Ashley Rodriguez | ) www.businessinsider.com time to read: +1 min

Robyn PearsonHyslop and two friends from college cofounded The Gist in 2017, and she continues to serve as head of content. While it's geared toward female fans, The Gist's content equally covers both men's and women's sports, inspired by the initial mission of its founders to include everyone in conversations about sports. "And I think that we're proving that you can do something different and still do it really, really well." Guides to specific sports break down the rules and document how women have shaped the game. The Gist's TikTok and Instagram platforms both have about 170,000 followers, with an additional almost 45,000 for Canadian sports news .

Persons: Ellen Hyslop, Robyn Pearson Hyslop, Gist, Hyslop Locations: Toronto, Canada

☆ Germany's Scholz says his country willing to invest in Nigerian gas, minerals
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Johanna Geron Acquire Licensing RightsABUJA, Oct 29 (Reuters) - German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to sub-Saharan Africa. "There is a willingness to invest, especially in critical minerals," Scholz told reporters at a joint briefing with Nigerian President Bola Tinubu in the capital Abuja. "If we are successful, if there is a better chance of exporting the produced gas ... it is then the question for German companies to do their private business," said Scholz. Tinubu said he had "a very deep discussion" on the issue of gas and encouraged German businesses to invest in pipelines in Nigeria. Without giving details, Scholz said there was also a willingness from German companies to build railways in Nigeria.

Persons: Olaf Scholz, Johanna Geron, Scholz, Bola Tinubu, Tinubu, Felix Onuah, Andreas Rinke, MacDonald Dzirutwe Organizations: European Union, REUTERS, Rights, West African, ECOWAS, Thomson Locations: Brussels, Belgium, Rights ABUJA, Nigeria, Saharan Africa, Berlin, Abuja, Niger, Gabon

☆ Despite Biden's doubts, humanitarian agencies consider Gaza toll reliable
▼ + stars: | 2023-10-27 | by ( Gabrielle Tétrault-Farber | ) www.reuters.com time to read: +7 min

U.N. and other international agencies say there can be small discrepancies between the final casualty numbers and those reported by the Gaza health ministry straight after attacks, but that they broadly trust them. The figures are initially reported in Gaza, and updated in Ramallah after they have been checked, but discrepancies are generally minimal, he said. In a report published on its website on Nov. 3, 2015, the Palestinian health ministry said the number of people killed in the July-August 2014 conflict in Gaza was 2,322. ISRAELI CONCERNIsrael has been attacking Gaza since cross-border raids in which it said 1,400 people were killed by Hamas in southern Israel. An Israeli military spokesman said this week the Gaza health ministry "continuously inflates the number of civilian casualties" and "has been caught lying in the past".

Persons: Biden, Joe Biden, Mike Ryan, Omar Shakir, Khan Younis, Abu Mustafa, Israel, Gabrielle Tétrault, Farber, James Mackenzie, Edmund Blair, Washington newsroooms, Timothy Heritage, Angus MacSwan Organizations: Palestinian, Reuters, Humanitarian Affairs, Health, Rights Watch, Palestine, Human Rights, Health Organization, Palestinian Authority, West Bank, Hamas, REUTERS, Fatah, Israeli Foreign Ministry, Jerusalem Center for Public Affairs, Arabi, Thomson Locations: GENEVA, Gaza, Israel, Geneva, York, Palestinian, Ramallah, Israeli, Al, Ahli, Jerusalem, Beirut, Washington

The White House, Google Maps and Google Arts & Culture launched a new virtual tour of the famous mansion on Friday, which is also National Civics Day. “Not everyone can make the trip to Washington, D.C., to tour the White House, so she's bringing the White House to them,” Alexander said. Political Cartoons View All 1220 ImagesThe tour is the first Google virtual tour of the White House to include audio captions for people with disabilities. It is also Google's first virtual tour of the White House to have Spanish translation. The tour is available on the White House website, as well as on Google Maps and the Google Arts & Culture page.

Persons: —, Couldn't, Jill Biden, Biden, Elizabeth Alexander, ” Alexander, Carlos Elizondo, Joe Biden, Ben Gomes Organizations: WASHINGTON, Google, Google Arts & Culture, White, Washington , D.C, House Visitors Center, Google Arts Locations: Washington, Washington ,, China

[1/2] U.S. Supreme Court Associate Justice Clarence Thomas poses during a group portrait at the Supreme Court in Washington, U.S., October 7, 2022. Durbin said the "undisclosed, forgiven" loan demonstrates the need for a binding code of conduct for the court. The documents showed that Welters forgave the loan in 2008, according to the findings. The Senate Judiciary Committee in July approved a Democratic-backed bill that would mandate a binding ethics code for the justices. Thomas and Welters did not immediately respond to requests for comment.

Persons: Clarence Thomas, Evelyn Hockstein, Thomas, Anthony Welters, Dick Durbin, Durbin, Welters, Ron Wyden, Elliot Berke, Berke, Harlan Crow, Steven Lubet, Lubet, Stephen Gillers, Andrew Chung, John Kruzel, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Welters, Democratic, hobnobbing, Senate, New York Times, Texas, Crow, Northwestern University, New York University, Thomson Locations: Washington , U.S, New York, Washington

watch nowLawyers for Sam Bankman-Fried late Wednesday revealed details of his planned testimony if he takes the witness stand at his FTX fraud trial. Earlier Wednesday, one of Bankman-Fried's two chief trial attorneys, Mark Cohen, said in a conference call that his client would testify as would three other people. Cohen cited specific examples where, at the guidance of FTX lawyers, Bankman-Fried adopted a policy which prosecutors argued shows his criminality. But Cohen wrote that Bankman-Fried's understanding was that these auto-deletion policies were "instituted under the guidances of lawyers." "We respectfully submit that Mr. Bankman-Fried's knowledge of industry practices regarding the use of omnibus wallets is relevant to his good faith belief that his conduct was permissible," the letter added.

Persons: Sam Bankman, Judge Lewis Kaplan, Kaplan, Mark Cohen, Cohen, Fried, Caroline Ellison, Bankman, SBF, Gary Wang, Adam Yedidia, Wang, FTX, Sun Organizations: Bahamian, Stanford, Alameda Research, Prosecutors, Bankman, Bahamas Securities Commission, Securities Commission, The Locations: Manhattan, FTX, Alameda, Bahamian, The Bahamas, United States

☆ US SEC will go to court if someone is 'playing games' during probes -official
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg/File Photo Acquire Licensing RightsWASHINGTON, Oct 25 (Reuters) - A top U.S. Securities and Exchange Commission official on Wednesday said the SEC will turn to courts to enforce its subpoena authority when someone is "playing games" or trying to delay investigations. THE TAKEThe SEC's enforcement director Gurbir Grewal said the agency rarely turns to a court to enforce its subpoena authority, but will do so when necessary. Grewal estimated the agency pursued about a dozen such actions last year. KEY QUOTE:"We need to have accountability and we need to get that message out to the public," Grewal said at an industry conference.

Persons: Jim Bourg, Gurbir Grewal, Grewal, Elon Musk, Chris Prentice, Jonathan Oatis Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, Rights, Exchange, Thomson Locations: Washington

☆ India to resume some visa services in Canada
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

A large India national flag is attached to India House where the High Commission of India is located, in London, Britain, September 19 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsOct 25 (Reuters) - India will resume some visa services in Canada with effect from Oct. 26, its High Commission said on Wednesday, in a move that could reduce tensions caused by the murder of a Sikh separatist leader in Canada. On Wednesday, the Indian High Commission said it had decided to resume issuing some categories of visas after reviewing the security situation and taking into account recent Canadian measures, which it did not enumerate. It said it would resume issuing standard entry visas as well as business, medical and conference visas. Reporting by Akanksha Khushi in Bengaluru; Editing by Toby Chopra and Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.

Persons: Peter Nicholls, Justin Trudeau, Hardeep Singh Nijjar, Akanksha, Toby Chopra, Kevin Liffey Organizations: Commission, REUTERS, Canada, Indian High Commission, Thomson Locations: India, London, Britain, Canada, Canadian, Vancouver, Bengaluru

Savings accounts are low interest rate-bearing deposits offered by Indian banks, forming a third of their total deposits. Public sector banks offer interest rates between 2.70% to 4% on savings deposits, while large private banks offer rates between 3% to 4.50%. Savings deposits rate of banks vs RBI's repo rateThe RBI has been nudging banks at meetings to raise savings deposit rates and may need to push them again if required, the same source said. The RBI said in its monetary policy report that while the increase in term deposit rates in the current tightening cycle has exceeded that in lending rates, savings deposit rates have remained almost unchanged. Yes Bank (YESB.NS), Kotak Mahindra Bank (KTKM.NS) and IndusInd Bank (INBK.NS) are among lenders that have recently said they have no plans to raise savings deposit rates.

Persons: Anushree, Siddhi Nayak, Swati Bhat, Nivedita Organizations: Reserve Bank of India, REUTERS, Rights, Savings, Reuters, Yes Bank, Kotak Mahindra Bank, IndusInd Bank, Siddhi, Thomson Locations: New Delhi, India, Rights MUMBAI

☆ Trump aims to discredit Michael Cohen as ex-lawyer testifies in New York fraud trial
▼ + stars: | 2023-10-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Trump doubled down Wednesday during a mid-morning break, saying Cohen "went to jail for lying" and branding him "a totally discredited witness." In his first day on the stand, Cohen had accused Trump of directing him and another Trump Organization executive to falsely inflate the values of his assets on financial statements. But Trump's attorney Alina Habba grilled Cohen on cross-examination, highlighting his 2018 guilty plea on charges including lying to Congress. Cohen, Trump's once-loyal aide, is now a star witness against him in James' trial in Manhattan Supreme Court. Judge Arthur Engoron, who will deliver verdicts in the no-jury trial, has already found Trump liable for fraud and ordered the cancellation of the defendants' New York business certificates.

Persons: Donald Trump, Michael Cohen, Judge Arthur F, Trump, Cohen, Letitia James, James, I'm, Alina Habba, Habba, needling Cohen, Trump . Cohen, Trump's, Judge Arthur Engoron Organizations: U.S, Trump Organization, Court, Trump, New York, Trump ., New Locations: New York, Manhattan, New York City, Russia, York

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