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☆ Social media is driving teen mental health crisis, surgeon general warns
▼ + stars: | 2023-05-23 | by ( Erika Edwards | Hallie Jackson | ) www.cnbc.com time to read: +4 min

The report, released Tuesday, calls attention to growing concerns about the effects of social media use on children and adolescent's mental health. The advisory urges policymakers and the companies that make the social media platforms to share with parents the burden of managing children's and adolescents' social media use. About a third say they're scrolling, posting or otherwise engaged with social media "almost constantly." The surgeon general's report also blamed social media for perpetuating eating disorders, body dysmorphia and low self-esteem. Twenge said social media can affect mental health in a variety of ways.

Persons: Vivek Murthy, Murthy, Jim Steyer, Jean Twenge, Gen X, Silents, Twenge, that's Organizations: Media, Pew Research Center, San Diego State University

The new Choice Privileges cards from Wells Fargo could be worth a spot in your wallet if you stay at Choice Hotels frequently. Wells Fargo has actually launched two new Choice credit cards: the $0-annual-fee Choice Privileges® Mastercard®, and the more premium Choice Privileges® Select Mastercard® with an annual fee of $95 (waived the first year). But if you don't stay with Choice Hotels often or put a high value on Choice points, you'll probably want to give these cards a skip. New Choice credit cards from Wells FargoBoth the Choice Privileges® Mastercard® and Choice Privileges® Select Mastercard® are offering elevated welcome bonuses for a limited time. Choice Privileges, the loyalty program of Choice Hotels, includes nearly 7,500 properties worldwide, so it's pretty easy to find the chain's hotels wherever you go.

☆ G7 vows to step up moves to renewable energy, zero carbon
▼ + stars: | 2023-04-16 | by ( ) www.cnbc.com time to read: +6 min

Japan won endorsements from fellow G-7 countries for its own national strategy emphasizing so-called clean coal, hydrogen and nuclear energy to help ensure its energy security. The stipulation that countries rely on "predominantly" clean energy by 2035 leaves room for the continuation of fossil-fuel-fired power. The G-7 nations account for 40% of the world's economic activity and a quarter of global carbon emissions. The document crafted in Sapporo included significant amounts of nuance to allow for differences between the G-7 energy strategies, climate advocates said. "I think energy security is being exaggerated in some cases," Kerry said, pointing to Germany's progress in embracing renewable energy.

☆ Green transition won't be perfect and we'll need natural gas, World Energy Council CEO says
▼ + stars: | 2023-04-03 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

"We need to get electrification going faster," said Angela Wilkinson, the secretary general and CEO of the London-based World Energy Council. Described by the International Energy Agency as a "versatile energy carrier," hydrogen has a diverse range of applications and can be used in a wide range of industries. One method of producing hydrogen involves electrolysis, a process through which an electric current splits water into oxygen and hydrogen. In looking at the overall picture, the World Energy Council's Wilkinson stressed there are no easy answers. "It's not that it's a simple issue of just swapping out one technology for another technology," she said.

☆ UN to start taking deep-sea mining applications this July
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

Deep-sea mining would extract cobalt, copper, nickel, and manganese - key battery materials - from potato-sized rocks called "polymetallic nodules" on the ocean's floor at depths of 4 to 6 km (2.5 to 4 miles). They are abundant in the Clarion-Clipperton Zone (CCZ) in the North Pacific Ocean between Hawaii and Mexico. The council plans to meet virtually before July to debate further whether approval of such applications could be delayed once received, according to the document. Its executives have repeatedly said they believe deep-sea mining would have less impact than traditional mining for battery metals on land. Reporting by Clara Denina and Ernest Scheyder; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ A deadline looms for rules governing deep-sea mining, but a rushed decision may be risky
▼ + stars: | 2023-03-27 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +12 min

Proponents say that deep-sea mining there is a less damaging way to gather metals like nickel, copper, manganese and cobalt. Opponents of deep-sea mining say there is not enough information to make that kind of decision. Critics of the idea of deep-sea mining have said the process is being rushed. That's what's behind the drive for diversity of supply on land-based mining, as well as exploration of alternatives such as deep-sea mining." Finding consensus for the Wild West of the seaOpponents of deep-sea mining want to tap the brakes.

☆ World’s top climate scientists issue ‘survival guide for humanity,’ call for major course correction
▼ + stars: | 2023-03-20 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

The 1.5 degrees Celsius temperature threshold is widely recognized as crucial because so-called tipping points become more likely beyond this level. In short, our world needs climate action on all fronts — everything, everywhere, all at once. But it will take a quantum leap in climate action." He added, "In short, our world needs climate action on all fronts — everything, everywhere, all at once." "Climate justice is crucial because those who have contributed least to climate change are being disproportionately affected," said Aditi Mukherji, one of the 93 authors of this Synthesis Report.

A map of Turkey showing the city of Kahramanmaras in relation to the epicenter of the earthquake. A set of before and after images that show how a block in the downtown Kahramanmaras area was turned to rubble by the earthquake. For days, rescue teams and family members have been working through rubble of collapsed buildings throughout the city. Residential buildings Before Residential buildings After Google Maps Street View from November 2022; Adem Altan/Agence France-Presse, via Getty Images from Feb. 7, 2023On many blocks, only a few buildings remain. A set of before and after images that show another block of residential buildings destroyed, leaving the Clarion Hotel Kahramanmaras standing alone.

☆ I see this year's budding stock rally signaling a different kind of bull market, one that's not so reliant on just a few stocks
▼ + stars: | 2023-01-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

This nascent bull market started with the peak in interest rates and the dollar back in the fall and then broadened to include bank and semiconductor stocks in 2023. That's right we created FANG a decade ago this week on "Mad Money," and it was a really good call — until it wasn't. The stability of a market that's based, in part, on the assumption of a JPMorgan (JPM) or an American Express or even a Boeing rallying on earnings, seems tidal to me. That's what's happening as we consider the market to be far bigger than any group of a half-dozen stocks. Yes, I am shredding the cynicism and heralding the new bull market, one that's not ignorant of what ails things, but is benignly rotational.

☆ BC Partners to acquire account-based marketing firm Madison Logic
▼ + stars: | 2022-12-29 | by ( Chibuike Oguh | ) www.reuters.com time to read: +2 min

NEW YORK, Dec 29 (Reuters) - Private equity firm BC Partners said on Thursday it has agreed to acquire a majority stake in Madison Logic, a provider of business-to-business digital marketing services. Terms of the deal were not disclosed, but a person familiar with the matter told Reuters the transaction valued Madison Logic at about $750 million. BC Partners is acquiring Madison Logic from Clarion Capital Partners, a New York-based private equity firm that had acquired the company in 2016. Madison Logic helps businesses track and target enterprise customers with digital marketing to generate sales. Spending on business-to-business digital marketing constitutes a small but growing part of the nearly $300 billion U.S. digital advertising market.

[1/5] An aerial view of buildings during a blizzard in Buffalo, New York, U.S. December 26, 2022, in this screengrab obtained from a social media video. "It's still snowing" in Western New York, said NWS meteorologist Bob Oravec, predicting two more inches. "This is probably the last of the snow," added Oravec, who is with the NWS Weather Prediction Center in College Park, Maryland. Buffalo, New York state's second largest city, was ground zero for the blizzard that took shape on Friday. Poloncarz, speaking at a press briefing Tuesday, urged residents to stay home and the curious to stay away.

☆ Mother nature is screaming for us to adopt a new diet. An agreement by nearly 200 countries could help identify flaws in how we produce food.
▼ + stars: | 2022-12-22 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Food production drives deforestation and biodiversity loss. Mother nature is screaming for us to adopt a new diet, too. It's a primary driver of deforestation and biodiversity loss that, in turn, releases greenhouse-gas emissions causing the climate crisis. As the global population grows and people in developing countries earn more money, the demand for food — especially meat — will further stress nature. The US State Department in October also requested advice on potential legislation to combat deforestation in food supply chains and voluntary actions the private sector could take.

☆ FTX was a 'house of cards' built on a 'foundation of deception,' SEC boss says in scathing statement about Sam Bankman-Fried
▼ + stars: | 2022-12-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

The SEC has accused FTX of being a "house of cards" built on a "foundation of deception," in a statement. The SEC released charges on Tuesday morning, accusing Bankman-Fried of a "years-long" fraud. In its complaint, the SEC announced it had charged the FTX cofounder, Sam Bankman-Fried, with "orchestrating a scheme to defraud" FTX investors. SEC Chair Gary Gensler said in the statement: "We allege that Sam Bankman-Fried built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto." The director of the SEC's Division of Enforcement, Gurbir S. Grewal, accused FTX of operating "behind a veneer of legitimacy" that was created by Bankman-Fried, per the Tuesday press release.

Over the next six years, each of the other members of my family would leave. I entered the diner having functioned as an only child for nearly 50 years. As the youngest in my family of five, I looked up to my oldest brother as little sisters often do. I entered the diner having functioned as an only child for nearly 50 years. This was no Hollywood family reunion, but I sensed that his validation of my perspective would lessen my internal demons.

Donald Trump announced on Tuesday that he's running for president again in 2024. Trump's 2024 campaign comes as he faces escalating federal and state criminal investigations. Trump cast himself as the lone panacea to a long list of ills on a "quest to save our country." Supporters wait for the arrival of former President Donald Trump during an event at his Mar-a-Lago resort on November 15, 2022 in Palm Beach, Florida. Grover Cleveland, of the National Democratic Party, was the only president to serve two non-consecutive terms in the White House.

PITTSBURGH — President Joe Biden and former President Donald Trump are at the moment their parties’ leading candidates for 2024. But more competitive midterm contests appear poised to inject a host of new prospects into the 2024 conversation for both parties. That governors would already find themselves in the 2024 spotlight comes as little surprise to political observers. “Governors get s--- done, right?” Shapiro said in a recent interview after batting away questions about his own future ambitions. Jared Leopold, a Democratic strategist who formerly worked at the Democratic Governors Association, said Biden is and will remain Democrats’ top choice in 2024.

☆ Fact Check-No evidence for new ‘Sharpiegate’ allegations in Pennsylvania midterm elections
▼ + stars: | 2022-11-11 | by ( Reuters Fact Check | ) www.reuters.com time to read: +5 min

A video being shared is claiming that Sharpie pens would cause ballots to bleed through and that settings on Dominion machines would then be unable to read a person’s vote in Pennsylvania. LISTEN CLOSELY about Election Day voting with the right pen issue and the sharpie gate plan too. According to the Department of State, out of 67 counties in Pennsylvania, 13 use Dominion machines, including Erie, Crawford, Warren, Clarion, Jefferson, Armstrong, Fayette, Bedford, York, Luzerne, Carbon, Pike, and Montgomery. “We are aware of these allegations made in previous elections, and those previous accusations were determined to be unfounded in Pennsylvania.”Moreover, Dominion machines can read Sharpie-marked ballots, the company says. On its website, Dominion Voting Systems says (here “Dominion machines can read hand-marked paper ballots marked with writing instruments approved by election authorities, including Sharpie pens."

☆ These 3 'megatrends' will help investors get the income they need and profit from inflation, according to investing giant Franklin Templeton
▼ + stars: | 2022-11-10 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Private real estateThanh Bui, a portfolio manager at Franklin Templeton's private real estate investment unit Clarion Partners, said that it's becoming easier for retail investors to get access to high-quality private real estate. She says the space generally does well when inflation is high, and that private real estate is an effective portfolio diversifier not strongly correlated to stocks, bonds, or public real estate companies. Bui is especially positive on muti-family real estate because there is a huge supply shortage that won't be resolved any time soon. She's also bullish on industrial real estate, where rents are surging because of high demand from e-commerce companies and onshoring. "We view the dividend profile as a way to look at quality of a company.

☆ Mehmet Oz is underperforming Trump in some of Pennsylvania in early returns
▼ + stars: | 2022-11-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Mehmet Oz is underperforming Trump in some rural Pennsylvania counties. The closely-watched Senate race could very well decide the Senate majority. In Bedford County, a rural county near the Maryland border, Oz received 80.7% of the vote compared to Lt. Gov. If Oz struggles across rural Pennsylvania, he'll have to make up his margin elsewhere. Follow Insider for live results from the Pennsylvania Senate race and other major contests.

Kathy O’Neil, 68, told NBC News at a campaign stop in Erie that she felt Shapiro has "done so much for us." His support from law enforcement, including the Pennsylvania State Troopers Association and Philadelphia Fraternal Order of Police — two groups that have endorsed Oz in the Senate race — stood out to her, too. (Mastriano, 58, has said Shapiro has a “grudge” against the church, while some Catholic organizations believe Shapiro went too far). To take on Shapiro, Mastriano has struggled greatly to raise money and draw financial support from outside Republican groups to boost his campaign. During a campaign stop in Clarion, Shapiro pledged to advocate for "forgotten" parts of the state.

☆ Blackstone and Prologis turned warehouses from safe and boring investments into white-hot assets. Now they're battling to see who can own more.
▼ + stars: | 2022-10-19 | by ( Alex Nicoll | Danielle Walker | Daniel Geiger | ) www.businessinsider.com time to read: +11 min

In other words, big money is buying up warehouse space as fast as smaller owners can sell. The coronavirus pandemic accelerated this change, with warehouse investment outpacing office investment in 2020 and 2021, according to CBRE. A Prologis warehouse in Ichikawa City, Japan. Prologis, Blackstone, and the rest of big money duke it outOther big-money investors have increasingly invested in warehouses. The UK's Segro once sold warehouse space to Blackstone — now it's acquiring its own warehouses for last-mile delivery that Blackstone might have otherwise picked up for itself.

☆ London, Paris, Frankfurt and beyond: CNBC names Europe's best hotels for business travel
▼ + stars: | 2022-10-04 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com time to read: +10 min

CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in Europe. FrankfurtSofitel Frankfurt Opera JW Marriott Hotel Frankfurt Best Western Premier IB Hotel Friedberger Warte Le Meridien Frankfurt Steigenberger Airport Hotel FrankfurtSofitel Frankfurt Opera Source: Sofitel Frankfurt OperaThe Sofitel Frankfurt Opera is on Opera Square, or the Opernplatz, near the city's famed opera house. ParisLe Bristol Paris Les Jardins du Faubourg Kimpton - St Honore Paris Pullman Paris Center-Bercy Le MeuriceLe Bristol Paris Source: Le Bristol Paris | Claire CocanoGuests of Le Bristol Paris can count President Emmanuel Macron as a neighbor — Elysee Palace, the official residence of France's president — is just steps away. StockholmGrand Hotel Stockholm Radisson Blu Waterfront Hotel Stockholm Hotel At Six Bank Hotel Lydmar HotelGrand Hotel Stockholm Source: Grand Hotel StockholmTying for No. ViennaPalais Coburg Hotel Residenz Hotel Sans Souci Wien The Ritz-Carlton, Vienna The Harmonie Vienna Grand Hotel Wien This grand hotel built in 1845 is the former home of Austrian royalty.

☆ Regulations Set to Be Issued This Year Will Determine Course of Deep-Sea Mining
▼ + stars: | 2022-09-30 | by ( Yusuf Khan | ) www.wsj.com time to read: +5 min

The International Seabed Authority, a United Nations observer organization, is drawing up a regulatory framework for deep-sea mining based on data collected from explorations conducted by TMC and other ventures to inform its decisions. PREVIEWThe ISA is expected to meet member nations in March, when deep-sea exploration and its regulations are expected to be discussed. TMC started conducting pilot testing in September 2022 to determine whether deep-sea mining would harm the environment. For most mining companies, exploration licenses usually are a significant step in attracting funds, but the lack of clarity around the legality of deep-sea mining is creating a barrier. TMC remains key but not imperative to the lobbying push to change or confirm regulations on mining of the deep sea, industry participants said.

Whacked further by a soaring dollar, indices of overseas sovereign bonds in dollar terms are down almost 24% - even worse than then S&P500's (.SPX) 19% year-to-date reversal. Far from portfolio buffers, these sorts of moves make bonds meat and drink for hedge funds. And even though equity prices have fallen and cheapened on many models, their relative value versus bonds has not. It trimmed expected equity returns by a quarter point. Reuters poll-U.S. treasury yield outlookRobeco Chart on Asset Allocation HistoryThe opinions expressed here are those of the author, a columnist for Reuters.

☆ Sweden's Moderate Party leader gets nod to try form a new government
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +1 min

Moderate party leader Ulf Kristersson delivers a speach at the Moderate party election watch at the Clarion Sign Hotel, in Stockholm, Sweden, September 12, 2022.TT News Agency/Fredrik Sandberg via REUTERSOSLO, Sept 19 (Reuters) - Sweden's Moderate Party leader, Ulf Kristersson, has been handed a mandate to try and form the country's next government after a recent general election gave the right-wing bloc a majority, the speaker of parliament said on Monday. The Moderates, Sweden Democrats, Christian Democrats and Liberals won 176 seats in the 349-seat parliament, narrowly ahead of the centre-left's 173 seats, according to the Swedish election authority. read moreKristersson is widely expected to try to form a minority government, leaving one or two right-wing parties out while relying on their support in parliament. read moreThe election marks a watershed in Swedish politics with the anti-immigration Sweden Democrats, a party with roots in the white supremacist fringe, on the threshold of gaining influence over government policy. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Terje Solsvik, editing by Stine JacobsenOur Standards: The Thomson Reuters Trust Principles.

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