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☆ Nestlé Says Less Than Half of Its Main Portfolio Is Ranked as Healthy
▼ + stars: | 2023-03-21 | by ( Joshua Kirby | ) www.wsj.com time to read: +3 min

Nestlé SA promised it will work to boost the nutritional value of its snacks, drinks and food products, after most of its portfolio was rated as unhealthy. Less than half of Nestlé’s main food-and-drink portfolio is considered healthy, according to the results of an international nutrient profiling system that the Swiss food company published for the first time. Nestlé started using it last year with the aim of boosting transparency about the nutritional value of its products. “Our focus is on improving the nutritional value of our products,” Nestlé said. The rankings from the Access to Nutrition Initiative rate companies on their practices and disclosure, including on ensuring healthy products and influencing consumer choices.

☆ Rupert Murdoch, 92, is getting married for the 5th time. He says he's 'looking forward to spending the second half' of his life with his fiancée.
▼ + stars: | 2023-03-21 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Media mogul Rupert Murdoch is getting married for the fifth time, at the age of 92. The New York Post is one of the many publications that the Australian-born American billionaire owns. Murdoch married Hall in 2016. Murdoch told Adams that he was "very nervous" about falling in love again. Murdoch's media empire includes publications like The Wall Street Journal, Fox Corp, the New York Post, HarperCollins publishers, and more.

☆ Fox News producer was forced to spy on Maria Bartiromo, who execs called 'crazy,' menopausal,' and 'hysterical,' new lawsuit says
▼ + stars: | 2023-03-21 | by ( Katherine Tangalakis-Lippert | Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Grossberg says she was made to spy on host Maria Bartiromo, who execs called "crazy" and "menopausal." Grossberg said Fox executives called Bartiromo names behind the scenes. One producer, the suit says, called Bartiromo "crazy," "menopausal," and said she often became "hysterical," while another described her as a "diva." Jerry Andrews, vice president of weekend news at Fox News Media, is also said to have also requested Grossberg spy on the host. "In February 2022, Mr. Andrews reiterated his directive to Ms. Grossberg to 'keep an eye' on Ms. Bartiromo and report back anything 'crazy' that she said."

☆ Rupert Murdoch is engaged to Ann Lesley Smith
▼ + stars: | 2023-03-20 | by ( Toyin Owoseje | ) edition.cnn.com time to read: +1 min

CNN —Billionaire media mogul Rupert Murdoch is preparing to walk down the aisle for the fifth time. The 92-year-old tycoon revealed he’s engaged to marry Ann Lesley Smith in an article published Monday in the New York Post, one of his own publications. Smith was previously married to Chester Smith, a country singer and radio and TV executive, who died in 2008. Murdoch was previously married to former flight attendant Patricia Booker, journalist Anna Murdoch and entrepreneur Wendi Deng. CNN has reached out to representatives of Murdoch and Smith for further comment.

☆ Media mogul Rupert Murdoch engaged to Ann Lesley Smith
▼ + stars: | 2023-03-20 | by ( Helen Coster | ) www.reuters.com time to read: +2 min

[1/2] Tennis - US Open - Mens Final - New York, U.S. - September 10, 2017 - Rupert Murdoch, Chairman of Fox News Channel stands before Rafael Nadal of Spain plays against Kevin Anderson of South Africa. REUTERS/Mike Segar/March 20 (Reuters) - Fox Corp (FOXA.O) Chairman Rupert Murdoch is engaged to former San Francisco police chaplain Ann Lesley Smith, his spokesperson confirmed on Monday, which will mark the fifth marriage for the 92-year-old media mogul. Murdoch and Smith, 66, first met in September at his vineyard Moraga in Bel Air, California, and he called her two weeks later, Murdoch told the News Corp-owned NY Post, which broke the news of the engagement. Smith is a widow whose late husband was Chester Smith, a country singer, radio and TV executive. On March 17 in New York, Murdoch presented Smith with an Asscher-cut diamond solitaire ring, according to the Post.

☆ How an often overlooked World War II-era shipbuilder designed the boat that Eisenhower said 'won the war for us'
▼ + stars: | 2023-03-19 | by ( Katie Sanders | Mara Storey | ) www.businessinsider.com time to read: +8 min

The Higgins boat is one of the iconic vessels of World War II. Andrew Higgins, center, developed several kinds of landing craft that were invaluable during World War II. His landing craft were used in every major amphibious assault of World War II, from the shores of Europe to the Pacific islands. National World War II MuseumBorn in Nebraska in 1886, Higgins ran newspaper routes and started a lawn-mowing company as a child. In one instance, Navy officials expressed interest in seeing a design for a new 56-foot tank landing craft three days before a scheduled visit to see another type of landing craft.

☆ Welcome to Swift City: When Taylor Swift comes to town, businesses build new bars, prepare thousands of cookies, and welcome over 150,000 Swifties
▼ + stars: | 2023-03-17 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Glendale, Arizona, which hosts the first two dates, has renamed itself Swift City in her honor. Usually, it's known as Glendale, Arizona, but the city hosting the kick-off show for Taylor Swift's "Eras Tour" has fully embraced Swiftsanity, renaming itself Swift City for Friday and Saturday. The Swift City logo. The Swift City proclamation. "Now, Glendale is Swift City, so we welcome them with open arms," he added.

☆ Big banks to the rescue
▼ + stars: | 2023-03-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Goldman Sachs' decision to charge employees for coffee might not be that outrageous after all! The largest US banks — headlined by Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo — just pledged a total of $30 billion in deposits to First Republic Bank. As detailed in a release announcing the news, the 11 banks, which also included Goldman Sachs and Morgan Stanley, believe the move "demonstrates their overall commitment to helping banks serve their customers and communities. I can't imagine the big banks looking to pull the rug out from First Republic four months from now, but this money was a deposit, not a donation. Read more about how big banks came to the rescue of First Republic with $30 billion in deposits.

☆ Exclusive: Carta's fired CTO accuses CEO Henry Ward of deceiving regulators, abusing employees, and misappropriating funds
▼ + stars: | 2023-03-16 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +5 min

In a new legal filing Carta's former CTO accuses the company's CEO of a litany of misdeeds. New details have emerged in the ongoing lawsuit between $7 billion startup Carta and its former CTO Jerry Talton. Four days after submitting that letter, Talton was placed on administrative leave. On December 23, 2022, two months after sending his letter, Talton was fired and stripped of $10 million of unexercised stock options, according to Wednesday's filing. The legal filing claims that the company "invaded Talton's privacy and inserted these salacious elements in the complaint simply to malign him."

☆ Iraqi ambush of Americans made a mockery of 'Mission Accomplished'
▼ + stars: | 2023-03-16 | by ( Michael Georgy | ) www.reuters.com time to read: +9 min

[1/5] FILE PHOTO: A U.S. soldier walks past Iraqi detainees standing behind a wired fence, at Abu Ghraib prison outside Baghdad, Iraq May 17, 2004. Arriving in the city an hour or so after the ambush on March 31, 2004, I was confronted by a crowd kicking the head of an incinerated body. I was taking notes, trying to make sense of the furore, when a boy, who was probably aged about nine, approached. HOTSPOTIn the two decades of turmoil since the invasion, Falluja repeatedly emerged as a hotspot. I saw an Iraqi douse one of the corpses with petrol, sending flames soaring into the air.

☆ Highly successful people use this soft skill, says 'CEO whisperer' Jerry Colonna—avoiding it 'is a prescription' for 'failure'
▼ + stars: | 2023-03-15 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Highly successful people possess a skill that helps them grow personally and professionally, says leadership coach Jerry Colonna: They excel at adapting to change. Colonna was even dubbed the "CEO whisperer" by Gimlet's "StartUp" podcast in 2015. "You have to meet each individual team member where they are, not drag them to where you are," he added. "Take a deep breath, take stock of the situation, and discuss it candidly" with your boss instead, Brassey and De Smet wrote. 1 best piece of advice for regular investors, do's and don'ts, and three key investing principles into a clear and simple guidebook.

☆ TikTok went big at SXSW and creators discussed building lasting businesses. Here are 3 takeaways that I left Austin with.
▼ + stars: | 2023-03-15 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +8 min

Creators gathered at Meta's Austin, TX offices for a series of talks hosted by the Asian Creator House. Whether creators were talking about pay transparency, or startups were pitching their products as solutions, creator monetization was an ongoing conversation at SXSW. "More and more creators are being transparent as to how much they're making," said Monica Ravichandran, creator and Collective Voice staffer. At the Asian Creator House, led by Always Be Creating cofounders Justin Nguyen and Jerry Won, creator pay and business building were also top of mind. But on the brand and marketing side of SXSW, AI wasn't a potent topic, according to Influencer's Penchin.

☆ The Next Frontier in Farming? The Ocean.
▼ + stars: | 2023-03-15 | by ( Somini Sengupta | ) www.nytimes.com time to read: +10 min

For centuries, it’s been treasured in kitchens in Asia and neglected almost everywhere else: Those glistening ribbons of seaweed that bend and bloom in cold ocean waves. Far beyond South Korea, new farms have cropped up in Maine, the Faroe Islands, Australia, even the North Sea. But even as its champions see it as a miracle crop for a hotter planet, others worry that the zeal to farm the ocean could replicate some of the same damages of farming on land. “Seaweed is not going to replace all plastic, but seaweed combined with other things can tackle single use plastic,” he said. Seaweed farms are a far cry from the rows of corn and wheat that make up monoculture farming on land.

With assets of around 5.5 billion pounds and deposits of around 6.7 billion pounds, SVB UK is a minnow compared to HSBC. The situation was urgent because SVB UK had lost almost half of its deposits in the 48 hours leading up to its rescue, the source said. Officials from the Bank of England and Treasury along with board members from SVB UK were then locked in talks. HSBC also plans to inject 2 billion pounds of liquidity into SVB UK, a spokesperson for HSBC said. Advisory firm Rothschild, which advised SVB UK according to sources, also declined to comment.

☆ Ohio lawmakers want kids to work longer hours, saying it'll keep them off TikTok
▼ + stars: | 2023-03-13 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

Ohio lawmakers aim to pass a bill that extends work hours for students and decreases time on TikTok. Time spent by teenagers on apps like TikTok and Instagram has been top-of-mind among lawmakers. According to the bill's sponsors, the pending state law should also limit the time teenagers spend on social media apps like TikTok. Mike DeWine had proposed a new "Social Media Parental Notification Act," as part of his 2023 executive budget. The legislation would mandate that social media sites receive parental approval before children under the age of 16 can sign up for an account.

☆ Meet the typical Tesla owner: A white man with a household income over $130,000
▼ + stars: | 2023-03-12 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Tesla drivers are typically white men, a study that analyzed Model S, 3, and X owners found. The typical Tesla owner has a household income over $130,000 per year, per the study. The average Tesla owner is an upper middle class white male, according to a study from Hedges & Company, a digital marketing firm for automakers. The analysis found Tesla drivers largely come from the upper middle class (commonly referred to as individuals that have household incomes over $100,000 per year). Hedges and Company's analysis mostly lines up with other studies of Tesla drivers when it comes to gender and income.

☆ Survivors of deadly raid in east Congo return to torched village
▼ + stars: | 2023-03-11 | by ( Erikas Mwisi Kambale | ) www.reuters.com time to read: +2 min

MUKONDI, Democratic Republic of Congo March 11 (Reuters) - Residents of Mukondi village in eastern Congo inspected the burnt-out remains of their homes on Friday and told how they fled for their lives as rebels cut the throats of people around them. Members the Allied Democratic Forces (ADF) struck Mukondi and a neighbouring village overnight on Wednesday, torching buildings and killing at least 39 people and wounding many more, according to the local authorities. "They killed with machetes and lit homes on fire," local chief Kasereka Deogratias said near the blackened wreckage of a building in Mukondi. The attackers said, "Don't bother talking because you're no more useful than the people we've just killed here," Kiviko explained. The violence has destabilised swathes of eastern Congo, driving over 5.5 million people from their homes in what has become the largest internal displacement crisis in Africa, according to the U.N. refugee agency.

☆ Adidas' new CEO came out swinging during his first press conference, calling out Nike's lack of innovation and defending the three stripes
▼ + stars: | 2023-03-09 | by ( Danni Santana | Matthew Kish | ) www.businessinsider.com time to read: +6 min

He stood up for Adidas' performance innovation pipeline while taking a shot at NikeAdidas is always compared to its larger rival Nike. But Gulden took issue with criticisms that Adidas is not innovating enough in its performance business. The Yeezy business is not coming backAdidas has not made a decision on what to do with its stockpile of Yeezys. Given Lorenzo's popularity, the underperformance of the Ivy Park line, and the end of Adidas' Yeezy business, Lorenzo could give the company a needed spark. Gulden took the stage Wednesday in front of a backdrop that featured Jesse Owens and Muhammad Ali, two sports icons and former Adidas athletes.

☆ We're overly obsessed with the Fed, says CastleArk's Jerry Castellini
▼ + stars: | 2023-03-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're overly obsessed with the Fed, says CastleArk's Jerry CastelliniJerry Castellini, president and CIO of CastleArk Management, joins 'Power Lunch' to discuss the Fed's effort to take excess inflation out of the system, reducing downside risks and finding opportunity in stocks.

☆ White House backs Senate bill to boost US ability to ban TikTok
▼ + stars: | 2023-03-07 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

The bill gives the Commerce Department the ability impose restrictions up to and including banning TikTok and other technologies that pose national security risks, said Democratic Senator Mark Warner, who chairs the Intelligence Committee. He said it would also apply to foreign technologies from China, Russia, North Korea, Iran, Venezuela and Cuba. TikTok said in a statement that any "U.S. ban on TikTok is a ban on the export of American culture and values to the billion-plus people who use our service worldwide." Warner said it was important the government do more to make clear what it believes are the national security risks to U.S. from the use of TikTok. McCaul said he thinks the full U.S. House of Representatives could vote on bill this month.

☆ Twelve U.S. senators back giving Commerce Secretary new powers to ban TikTok
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +1 min

[1/2] FILE PHOTO:. Secretary of Commerce Gina Raimondo speaks during the High-Level Economic Dialogue Second Annual Meeting in Mexico City, Mexico September 12, 2022. REUTERS/Raquel Cunha/PoolWASHINGTON, March 7 (Reuters) - A bipartisan group of 12 U.S. senators will introduce legislation Tuesday that would give Commerce Secretary Gina Raimondo new powers to ban Chinese-owned video app TikTok and other foreign-based technologies if they pose national security threats, Senator Mark Warner said. "I think it is a national security threat," Warner said on CNBC, adding the bill would give Raimondo "the ability to do a series of mitigation up to and including banning" TikTok. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.

☆ Most Asian equities see outflows in Feb as rate-hike jitters weigh
▼ + stars: | 2023-03-07 | by ( Gaurav Dogra | ) www.reuters.com time to read: +2 min

Foreigners sold equities worth a net $2.1 billion in Thai, Indian, the Philippine and Vietnam markets, data from stock exchanges showed. The trend of money flowing from South Asia into North Asian equities continued in February due to China's plans to reopen borders. Thai equities suffered $1.28 billion worth of foreign outflows, the biggest monthly net selling by outsiders since April 2020. Meanwhile, Indian and Philippine equities also recorded $647 million and $155 million worth of foreign outflows. On the other hand, Indonesian equities received $378 million in February after seeing outflows worth $1.55 billion in the previous two months.

For now, by building in Ohio, Foxconn can offer customers access to U.S. federal incentives under the Inflation Reduction Act, Daiwa Capital Markets analyst Kylie Huang said. That's a selling point as traditional automakers juggle building gasoline-powered vehicles with plans to build their own EV capacity. "If they don't get one this year, next year will be more difficult," Huang said of Foxconn's search for an EV contract with a traditional automaker. "Sooner or later, maybe the top, traditional (automakers) say, 'Hey, I want to become a product marketing company. Foxconn wants to build around 300,000 EVs at the plant, Ian Upton, director of production control at Foxconn Ohio, told Reuters.

☆ ‘Leon Russell:’ Review: Ringmaster of Rock ’n’ Roll’s Circus
▼ + stars: | 2023-03-04 | by ( David Kirby | ) www.wsj.com time to read: +1 min

Most rock bios begin with 30 or 40 pages on their subjects’ early years and end with a look at what is often a retirement marked by neglect and what-ifs. Not this one. With “Leon Russell: The Master of Space and Time’s Journey Through Rock & Roll History,” Bill Janovitz gets right down to business, as did his subject: one of the most electrifying stage performers of his day, a chart-topping recording artist, and a singer/songwriter/keyboardist/guitarist/producer who worked with a pantheon that included many of the rock, pop, and country stars of our time. Leon Russell went to work early and never stopped. Never one to let his Brylcreemed good looks be marred by a piece of flying glass, Lewis told the frightened teens behind him to keep chooglin’ while he slipped out the back way and tore off into the night in his Caddy.

☆ Cowboys Owner Jerry Jones to Face Lawsuit Over Woman’s Assault Allegation
▼ + stars: | 2023-03-01 | by ( Suryatapa Bhattacharya | ) www.wsj.com time to read: 1 min

Jerry Jones was accused of kissing and grabbing a woman without her consent. He has denied the allegations. A lawsuit against Dallas Cowboys owner Jerry Jones over a woman’s assault allegation will move forward after a Texas appellate court reversed a lower court’s order. The Court of Appeals for the Fifth District of Texas at Dallas said in its opinion Monday that the lower court had abused its discretion by dismissing the personal-injury lawsuit. The justices noted the woman who filed the lawsuit had made a “good faith attempt” to comply with requests for more information about her identity and the alleged incident.

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