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☆ 'Oppenheimer' doesn't get Einstein's relationship with the Los Alamos director quite right. Here's what they really thought of each other.
▼ + stars: | 2023-07-28 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

In reality, Einstein and J. Robert Oppenheimer knew each other but weren't friends until much later. The movie focuses on J. Robert Oppenheimer, who led the assembly and testing of the first-ever atomic bomb at Los Alamos in New Mexico. Einstein and Oppenheimer disagreed on a key issue: the governmentOppenheimer (right) standing with General Leslie Groves of the US army. Out of fear the Nazis would develop and use a nuclear weapon, Einstein wrote the letter that convinced President Franklin D. Roosevelt to launch an atom-bomb program. Einstein the outsider, Oppenheimer the disgraced insiderJ. Robert Oppenheimer in 1950.

Persons: Albert Einstein, Christopher Nolan, Oppenheimer, Einstein, J, Robert Oppenheimer, Nolan, Alex Wellerstein, Corbis, who'd, Edward Teller, Wellerstein, Arthur Compton, Leslie Groves, Einstein wasn't, wouldn't, Franklin D, Roosevelt, Lewis Strauss, Strauss Organizations: Service, Manhattan, Princeton, New York Times, Manhattan Project, University of Chicago, Times, Getty, Trinity, National Security Research, United Locations: Wall, Silicon, Los Alamos, New Mexico, Princeton, United States

☆ The beauty and terror of Oppenheimer's first-ever nuclear test explosion, in the words of those who witnessed it
▼ + stars: | 2023-07-25 | by ( Tom Porter | Mia Jankowicz | ) www.businessinsider.com time to read: +7 min

On July 16, 1945, at 5:29 a.m., the world's first nuclear weapon test was conducted in New Mexico. A photo made by a US Army automatic newsreel camera showing the test explosion of the world's first atomic bomb. An aerial view of the aftermath of the explosion at Trinity Test Site, New Mexico, July 16, 1945. The massive explosion of Oppenheimer's Trinity test was first explained away as an ammo dump explosion. Asked to describe his reaction to seeing the explosion, Oppenheimer quoted a verse from the Bhagavad Gita, a Hindu devotional text.

Persons: J, Robert Oppenheimer, Robert Oppenheimer —, Christopher Nolan's, —, Arthur Compton, Compton, Oppenheimer, Nolan, It's, Elsie McMillan, Edwin McMillan, Gadget, John Donne, Eddie Adams, Sam Allison, Marvin Wilkening, Brig, Thomas F, Farrell, William Spindel, I'm, Roger Rasmussen, Trinity Organizations: Manhattan Project, Service, Scientific, Manhattan, Hollywood, Atomic Heritage Foundation, Trinity, Institute for, Study, AP, US Army, Clovis, National Security Research Locations: New Mexico, Wall, Silicon, Socorro , New Mexico, Princeton , New Jersey, Gen

☆ Oppenheimer never won a Nobel Prize, but these 31 scientists with ties to the Manhattan Project did
▼ + stars: | 2023-07-24 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +26 min

Manhattan Project: After a harrowing escape from Nazi-occupied Denmark in 1943, Bohr began consulting on the Manhattan Project. Manhattan Project: Between 1943 and 1944, Muller was a civilian advisor for the Manhattan Project, consulting on experiments studying the effects of radiation. Maria Goeppert Mayer, Nobel Prize in Physics, 1963Maria Goeppert Mayer worked on the Manhattan Project and later won the Nobel Prize in physics. Manhattan Project: Working as an assistant to his father, Niels Bohr, Aage Bohr proved instrumental in interpreting for some members of the Manhattan Project. Manhattan Project: At 18, Glauber was still a student at Harvard when he became one of the youngest scientists to join the Manhattan Project.

Persons: Robert Oppenheimer, Alfred Nobel, Joseph Rotblat, Albert Einstein, Christopher Nolan's, Oppenheimer, Niels Bohr, Bohr, Nicholas Baker, Nick, James Franck, Boyer, Roger Viollet, Gustav Ludwig Hertz, Niels Bohr's, Franck, Arthur Compton, Imagno, Compton, Harold Urey, Harold, Urey, James Chadwick, Chadwick, Enrico Fermi, Fermi, Ernest Lawrence, Lawrence, Isidor Isaac Rabi, Nancy R, Schiff, Rabi, Hermann Muller, Muller, Edwin McMillan, Bettmann, Glenn Seaborg, McMillan, Elsie McMillan, Seaborg, Felix Bloch, Edward Purcell, Nobel, Hans Bethe, Bloch, Purcell, Emilio Segrè, Owen Chamberlain, Chamberlain, Segrè, Willard Libby, Leona Libby, Lowell, Libby, Linus Pauling, Leona Woods Marshall Libby, Eugene Wigner, Wigner, Leo Szilard's, Einstein, Franklin D, Roosevelt, Maria Goeppert Mayer, J, Hans Jensen, Goeppert Mayer, Teller, Richard Feynman, Tomonaga, Julian Schwinger, Fenynman, Hans Bethe's, Feynmwan, Feynman, Schwinger, Robert Mulliken, Mulliken, Szilard, Hans A, Bethe, Luis Alvarez, Alvarez, Enola Gay, Walter Alvarez, James Rainwater, Aage Bohr, Ben Mottelson, Rainwater, Wu, Aage Niels Bohr, Mottelson, mumbled, Val Fitch, James Cronin, Fitch, Jerome Karle, Isabelle, Larry Morris, Herbert Hauptman, Karle, Isabella Karle, Norman Ramsey, Ellie Welch, Ramsey, Norman Ramsey's Nobel, David Cheskin, Rotblat, Russell, Bertrand Russell, Enstinen, Frederick Reines, Philippe Caron, Sygma, Reines, Roy Glauber, Gail Oskin, Glauber Organizations: Manhattan Project, Service, Manhattan, US Army, AP, Getty, University of Chicago's Metallurgical Laboratory, Chicago Met, Los Angeles Examiner, USC, Columbia, Keystone, Gamma, Columbia University, University of Chicago, Trinity Test, University of California, Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory, Hulton, Trinity, Deutsch, Los Alamos, University of Chicago's Metallurgical, Atomic Energy Commission, Harvard University, MIT Rad Lab, Denver, Chicago Met Lab, Materials Laboratory, Los, Radiation Laboratory, MIT, University of Chicago's, Princeton University, Naval Research Lab, Washington, US Naval Research Laboratory, Science, World Affairs, Einstein, Los Alamos National Laboratory, Harvard, Institute for Locations: Wall, Silicon, Polish, Denmark, Copenhagen, Nazi, London , Washington, Los Alamos, German, Germany, Japan, Manhattan, British, France, Washington, DC, Berkeley, Ridge , Tennessee, Los, New Mexico, Hanford, antiprotons, Hiroshima, Lowell Georgia, San Diego, Chicago, Washington ,

☆ 'Oppenheimer' fact v. fiction: A nuclear historian breaks down what the movie got right and wrong
▼ + stars: | 2023-07-21 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +18 min

J. Robert Oppenheimer was an immensely complex figure, and the movie's based on a biography of him. Fact: Oppenheimer mocked Strauss about isotopesJ. Robert Oppenheimer testifies before the Senate in October 1945. Fact: A big thunderstorm delayed the Trinity TestOppenheimer (Cillian Murphy) stands next to the test bomb in "Oppenheimer." If it weren't for the atomic bomb, Oppenheimer would likely be best known for bolstering theoretical physics at the University of California, Berkeley. Fiction: Oppenheimer consulted Einstein about Teller's calculations(L-R) Tom Conti as Albert Einstein and Cillian Murphy as J. Robert Oppenheimer in "Oppenheimer."

Persons: Christopher Nolan's, Oppenheimer, Robert Oppenheimer, J, Alex Wellerstein, Kai Bird, Martin Sherwin, Wellerstein, Niels Bohr wasn't, Patrick Blackett, Bird, Sherwin, Blackett, Niels Bohr, Ernest Rutherford, Bohr, Oppenheimer's, Cillian Murphy, Abraham Pais, Baudelaire, e.e, cummings, who's, Haakon Chevalier, Peter, Peter Oppenheimer, Kitty, Haakon, Barbara Chevalier, Robert, Perro, Werner Heisenberg, peppering Bohr, Heisenberg, Strauss, David Hill, Lewis Strauss, Dwight D, David Inglis, Inglis, I've, Arthur Compton, Trinity Test Oppenheimer, Jack Hubbard, Leslie Groves, Hubbard, Feynman, Richard Feynman, I'm, Groves, Robert Serber, David Bohm, Philip Morrison, Willis Lamb, Hitler, Hartland Snyder, Kip Thorne, John Wheeler, Roger Penrose, Penrose, Murphy, Trinity, there's, —, Karl T, Compton, Stimson, Henry Stimson, that's, Harry Truman, Wallenstein, Einstein, Tom Conti, Albert Einstein, Melinda Sue Gordon, Edward Teller, Hans Bethe, Enrico Fermi, Bethe, Roger Robb, He's, Teller, Stanislaw Ulam, Gordon Dean, Charlotte Serber, Charlotte Serber's, she's, Serber Organizations: Service, Manhattan Project's Los Alamos Laboratory, Stevens Institute of Technology, Cambridge, Eisenhower's, Federation of American Scientists, Time, Atomic Energy Committee, Trinity Test, Trinity, Los, University of California, Clovis, National Security Research, Manhattan Project . National Security Research, FBI Locations: Wall, Silicon, England, Leiden, Holland, New Mexico, Perro Caliente, Los Pinos , New Mexico, Germany, Nazi, Denmark, Sweden, Los Alamos, Europe, Berkeley, Poland, Amarillo , Texas, Japan, Kyoto, Alamos

☆ The Black scientists behind the Manhattan Project, the atomic bomb program that inspired the movie 'Oppenheimer'
▼ + stars: | 2023-07-19 | by ( Yoonji Han | ) www.businessinsider.com time to read: +6 min

There were at least 19 Black scientists and technicians who worked on the Manhattan Project. In the labs, there were at least 19 Black scientists and technicians among the 400 or so scientists employed by the project. The project was unique for bringing together "colored and white, Christian and Jew" for a common cause, Arthur Compton, the Manhattan Project director in Chicago, said. The Manhattan Project did create opportunities for Black Americans' advancements, but many Black workers grappled with Jim Crow segregation. Many Black scientists involved in the Manhattan Project went on to build careers that advanced technology and expanded opportunities for other Black scientists.

Persons: Jim Crow, Robert Oppenheimer, Enrico Fermi, Arthur Compton, —, Franklin D, Roosevelt, William Jacob Knox , Jr, Knox, Jesse Ernest Wilkins, Wilkins, Jasper Jeffries, Carolyn Parker, Samuel Proctor Massie, Moddie Daniel Taylor, Jeffries —, Szilard, Truman, Du Bois, Langston Hughes Organizations: Manhattan, Americans, Service, Manhattan Project, Black Americans, Black, Bilderwelt, Chicago Defender, Atomic Heritage Foundation Black, Massachusetts Institute of Technology, Columbia University, University of Chicago's, University of Chicago, Met Lab, Atomic Heritage Foundation, MIT Locations: Wall, Silicon, Germany, New York City, Chicago, Government, Hanford, Manhattan, Negros, Japan, Hiroshima

☆ UK's CMA open to new Microsoft-Activision probe after u-turn
▼ + stars: | 2023-07-12 | by ( Paul Sandle | ) www.reuters.com time to read: +3 min

"It is really an unprecedented and dramatic turn of events," said Alex Haffner, competition partner at UK law firm Fladgate. Becket McGrath, a partner at Euclid Law, said it seemed like the CMA wanted a way out of an "uncomfortable position". Still, with the larger $69 billion deal back on track, the two sides are now focused on modifying the deal to obtain regulatory approval. Jonathan Compton, partner at law firm DMH Stallard and a specialist in competition law, said it was difficult to see what structural alterations the company could make. Britain's competition regulator has not given any further clarification on its U-turn or the new investigation, including whether it would fit into its Phase 1 and 2 process, the latter of which can take up to a year.

Persons: Alex Haffner, Becket McGrath, Jonathan Compton, DMH, Euclid's McGrath, Sarah Cardell, Paul Sandle, Muvija, Martin Coulter, Amy, Jo Crowley, Kate Holton Organizations: Microsoft, Activision, Markets Authority, CMA, European Union, Euclid Law, Thomson Locations: United States, Devika

☆ Scientists Have Found a Hot Spot on the Moon’s Far Side
▼ + stars: | 2023-07-11 | by ( Kenneth Chang | More About Kenneth Chang | ) www.nytimes.com time to read: +1 min

The rocks beneath an ancient volcano on the moon’s far side remain surprisingly warm, scientists have revealed using data from orbiting Chinese spacecraft. They point to a large slab of granite that solidified from magma in the geological plumbing beneath what is known as the Compton-Belkovich Volcanic Complex. “I would say we’re putting the nail in the coffin of this really is a volcanic feature,” said Matthew Siegler, a scientist at the Planetary Science Institute, headquartered in Tucson, Ariz., and who led the research. “But then what’s interesting is, it’s a very Earth-like volcanic feature.”The findings, which appeared last week in the journal Nature, help explain what happened long ago beneath an odd part of the moon. The study also highlights the scientific potential of data gathered by China’s space program, and how researchers in the United States have to circumvent obstacles to use that data.

Persons: Compton, ”, Matthew Siegler Organizations: Planetary Science Institute Locations: Tucson, Ariz, United States

☆ A new Texas law forces vendors to rate sexual content in schoolbooks. They’re not happy about it
▼ + stars: | 2023-07-04 | by ( Nadia Bidarian | ) edition.cnn.com time to read: +10 min

But a new Texas law might require her to. The law’s primary author, Republican Texas State Rep. Jared Patterson, said its aim is simple: Get sexually explicit content out of schools. Republican Texas State Rep. Jared Patterson debates HB 900, which would ban sexually explicit materials from library books in schools. Mikala Compton/Austin American-Statesman/APBut the burden of rating these books falls on book vendors. The law also applies retroactively to books sold to schools in the past, meaning that vendors must issue recalls for “sexually explicit” books still in circulation.

Persons: Charley Rejsek, they’d, “ We’re, ” Rejsek, Jared Patterson, Mikala Compton, “ We’ve, “, ” Patterson, ”, Shirley Robinson, ” Robinson, Ben Conn, Conn, Noble, ” Conn, wasn’t, Patterson, Valerie Koehler, Mary Cate Stevenson, Noah Nofz Koehler, doesn’t, she’s, ” Koehler, Noah Nofz Richard Bailey, Greg Abbott, Bailey, ” Bailey, Lewis Parry, ” Elizabeth Jordan, ’ Patterson, ” Jordan, can’t, Jordan Organizations: CNN, Republican Texas State, Austin American, Statesman, Resources, ”, Texas Library Association, Media Association, Barnes, Penguin, Library Company, Education, Willow, Interabang, Dallas County, Lewis Parry Interabang, Nowhere, Texas Education Agency Locations: Texas, Austin, ”, Houston, Houston , Texas, Dallas, Dallas , Texas, San Antonio

☆ How to get sponsored on Instagram and get paid brand partnerships
▼ + stars: | 2023-06-28 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +4 min

When she signed her first brand partnership as a part-time content creator in 2016, it was an unpaid brand ambassadorship, she told Insider. Fast-forward six years and Cortes is a full-time influencer and earned more than $300,000 in a year — with under 50,000 Instagram followers. Most of that revenue came from brand deals, she told Insider. And Instagram itself is getting in on the action with a new creator-brand marketplace where partnerships can be made through DMs. Christian Di Bratto, a talent manager who works with creators, told Insider that personalizing pitches is key.

Persons: Emma Cortes, Cortes, JaLisa Vaughn, Jefferson, Marrica Evans, influencers, Instagram, Dunkin, here's, Julie Tescon, Di Bratto, Kayla Compton Organizations: Nissan, Karma, LinkedIn, DMs, Instagram

☆ How to get sponsored on Instagram and get paid brand partnerships, according to influencers
▼ + stars: | 2023-06-28 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +4 min

When she signed her first brand partnership as a part-time content creator in 2016, it was an unpaid brand ambassadorship, she told Insider. Fast-forward six years and Cortes is a full-time influencer and earned more than $300,000 in a year — with under 50,000 Instagram followers. Some brands, like Dunkin Donuts or jewelry brand Mejuri, are known for their partnerships with micro influencers. Read: 7 top brands that work with micro influencers on Instagram, TikTok, and moreTo help content creators better understand how they can get sponsored on Instagram, here's a compilation of our coverage of how influencers get brand deals. Christian Di Bratto, a talent manager who works with creators, told Insider that personalizing pitches is key.

☆ Ohanian and Williams sisters taking up golf with TGL ownership
▼ + stars: | 2023-06-08 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

June 8 (Reuters) - In a week that has seen a reshaping of golf's landscape a new player emerged on Thursday with Reddit co-founder Alexis Ohanian, Serena and Venus Williams securing the first franchise in the TGL, the tech-forward team golf league developed by Tiger Woods. "I knew I wanted to do this team and I knew I wanted to bring Serena in so I was like, babe come on board," Ohanian told Reuters. Ohanian, Serena and her sister Venus are the first of what will be six team ownership groups that will make up TGL, an innovative, new primetime golf league that fuses technology and live action. For the Williams sisters, who emerged from the hard-scrabble streets of Compton to reign over the tennis world, TGL will represent another opportunity to give back to their community and open more doors in another sport. While he is a board member of the Tiger Woods Foundation, Ohanian said golf was not on his radar until Olympia began taking up the sport.

Persons: Reddit, Alexis Ohanian, Venus Williams, Tiger Woods, LIV, Serena, Ohanian, Venus, Woods, Jon Rahm, Rory McIlroy, Williams, Olympia, Steve Keating, Ed Osmond Organizations: PGA, of Fame, Los Angeles Golf Club, Reuters, Angel City FC, NFL's Miami Dolphins, Tiger Woods Foundation, Olympia, Thomson Locations: Serena, Saudi, Palm Beach , Florida, Compton, Los, Olympia, Toronto

☆ Insider buying in US regional banks at 3-year high as execs look to bolster confidence
▼ + stars: | 2023-06-05 | by ( Shubham Batra | ) www.reuters.com time to read: +3 min

June 5 (Reuters) - Regional bank executives buying shares in their own companies hit a three-year high in the United States during the second quarter of 2023 as they rushed to restore investor confidence in their firms following the collapse of Silicon Valley Bank. US Bancorp (USB.N), East West Bancorp (EWBC.O), Zions Bancorp (ZION.O) and SoFi Technologies (SOFI.O) are some of the names from the 244 banks that saw heavy insider buying in the second quarter. The ratio of buyers to sellers in the regional banking sector has also hit a record high in the second quarter of 2023, according to the data. Bank stocks have stabilized in recent weeks, but haven't recovered their March losses. Bank deposits, however, started stabilizing from April.

Persons: Eric Compton, Ben Silverman, haven't, Shubham Batra, Shounak Dasgupta Organizations: Silicon Valley Bank, US Bancorp, East West Bancorp, Zions Bancorp, SoFi Technologies, Morningstar, Company, U.S . Securities, Exchange Commission, Bank, Thomson Locations: United States, Silicon, COVID, VerityData, Bank, Bengaluru

☆ Striking Writers Guild of America members say they work second jobs in retail, food service, and more to make ends meet: 'I never know when work is going to dry up'
▼ + stars: | 2023-05-06 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

Writers Guild of America members are currently on strike after their contract expired with no new deal with TV and movie studios. Many have complained of low pay, especially when writing for a show on a streaming service. Several said they applied to or were working retail jobs when they found out they were nominated for awards. Dozens of users responded and quoted the tweet with their support for Carter and other striking writers, saying they assumed writers on successful TV shows made enough to live between writing jobs. "When I got nominated for a Canadian Screen Award (Canada's Emmy) - I was applying for a job at a coffee shop.

Depositors had pulled $100 billion from accounts at the bank in the panic triggered by the SVB and Signature failures, imperiling its survival. Both SVB and Signature failed last month. Both SVB and Signature grew quickly in recent years, outpacing the ability of regulators to keep up, especially with shrinking resources. Regulators closed Signature two days after SVB was shuttered. Signature lost 20% of its total deposits in a matter of hours on the day that SVB failed, FDIC Chair Martin Gruenberg has said.

☆ Quotes: Fed plans broad revamp of bank oversight in wake of SVB collapse
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +11 min

The assertion in the introduction that the Fed should focus on large bank capital requirements is disconnected from the report's conclusions. AMERICAN BANK ASSOCIATION PRESIDENT AND CEO ROB NICOLS"We take any bank failure seriously, and we will review the findings and proposed policy changes in these reports carefully, including where the conclusions may differ. JONATHAN MONDILLO, HEAD OF NORTH AMERICAN FIXED INCOME AT ABRDN"We're likely to see higher capital requirements. What that means for the overall markets is that the devil is in the details: how stringent those capital requirements will be. A potential First Republic Bank failure could similarly present a risk to the long-term investment strategy of high net-worth individuals."

Both SVB and Signature failed last month. Regulators shut SVB on March 10, a day after customers withdrew $42 billion and queued requests for another $100 billion the following morning. Both SVB and Signature grew quickly in recent years, outpacing the ability of regulators to keep up, especially with shrinking resources. Regulators closed Signature two days after SVB was shuttered. Signature lost 20% of its total deposits in a matter of hours on the day that SVB failed, FDIC Chair Martin Gruenberg has said.

☆ US Fed plans broad revamp of bank oversight in wake of SVB collapse
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +7 min

Many commentators linked the lessons learned from the earlier crisis to the ongoing concerns about First Republic Bank. INSTITUTE OF INTERNATIONAL BANKERS CEO BETH ZORC"The IIB commends the Federal Reserve's timeliness of producing its report on SVB. "There are similarities between SVB's situation and what is happening with First Republic Bank: both are affected by the rapid movement of very large sums of money." A potential First Republic Bank failure could similarly present a risk to the long-term investment strategy of high net-worth individuals." "It feels isolated, than the rest of the regional bank system, feels like it's in a different place than where FRC is."

[1/2] Tide laundry detergent is shown on display in Compton, California, U.S., January 10, 2017. Fabric and family care, which includes the paper products, are among the company's biggest businesses. P&G's margins, a key sign of profitability investors closely watch, could take a hit if the company continues with heavier discounts. “Tide is who we would benchmark, and we’re seeing more discounts with them, and the category at large among bigger players.”Whritenour added that discounts are now deeper and more competitive. Market research firm Circana is forecasting discounts will continue to grow this year across household products as consumers face a darkening economic situation.

That makes the business less than half the size of Bank of America Corp's (BAC.N) Merrill Wealth Management arm, the $18-billion behemoth Sieg ran until he left last month. Another challenge is that Citi has historically been undersized and a bit of a laggard in the space...especially in the wealth business where it’s all about existing relationships." In some ways, Citigroup is playing catchup after selling its old wealth business, Smith Barney, a decade ago to Morgan Stanley, which then leaned heavily into wealth management. That bet paid off - Morgan Stanley's wealth unit, led by Andy Saperstein, brought in record revenue last year. Two years ago, Citigroup unified its various wealth businesses into a single organization led by Jim O'Donnell that included its private bank and personal wealth division.

☆ Fact Check-No evidence video shows electric buses bursting into flames
▼ + stars: | 2023-04-12 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video showing buses that caught fire after a nearby pallet yard ignited in Compton, California in 2021 is circulating with claims suggesting the clip shows electric buses, but Reuters found no evidence that the buses were electric and a spokesperson for the Compton Fire Department said they were diesel vehicles. Part of the superimposed text in the video reads: "Electric bus sets on fire”. Reuters found no media reports describing the buses affected by the fire as electric vehicles. A trade publication, Outlet Bus & Motorcoach News, reported that the bus yard that caught fire was operated by company TLC Luxury Transportation (here). Reuters found no evidence that the buses that caught fire in this clip were electric vehicles.

☆ Rapper Coolio died from fentanyl overdose, manager says
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +1 min

[1/2] Singer Coolio performs before a panel discussion on his new Oxygen Network reality series "Coolio's Rules" at the NBC Universal summer 2008 press tour in Beverly Hills, California July 20, 2008. REUTERS/Fred Prouser/File PhotoLOS ANGELES, April 6 (Reuters) - Grammy-winning rapper Coolio died from a fentanyl overdose, his manager said on Thursday, six months after the musician was found dead at a friend's home in Los Angeles at age 59. Born Artis Leon Ivey Jr., Coolio was best known for his 1995 single "Gangsta's Paradise," from an album of the same name. Coolio's manager, Jarez Posey, said the rapper's family had been informed on Thursday by the Los Angeles County Coroner's Office that the singer had died from a fentanyl overdose. Born in Pennsylvania in 1963, Coolio began performing as part of the West Coast hip-hop scene after moving to Compton, California.

☆ TD world's most shorted banking stock, shares down -ORTEX data
▼ + stars: | 2023-04-05 | by ( Maiya Keidan | ) www.reuters.com time to read: +2 min

Around 4.1% of TD's outstanding shares were out on loan to hedge funds, while the second-most shorted bank stock, JP Morgan , only had $2.3 billion worth of shorts, showed the data. Hedge funds profit when they borrow a stock from an institutional investor and sell it back when the price falls, pocketing the difference, a practice known as short-selling. Turmoil in the banking sector began last month with the collapse of regional banks Silicon Valley Bank and Signature Bank, sparking a crisis of confidence. TD shares are down 15.7% since the beginning of the regional bank crisis and down 3.4% this week. Around 2.9% of BMO's outstanding shares were out on loan to hedge funds, or about $1.8 billion.

☆ TD world's most shorted banking stock, ORTEX data shows; shares fall
▼ + stars: | 2023-04-05 | by ( Maiya Keidan | ) www.reuters.com time to read: +2 min

☆ Morningstar: Buy these 10 cheap stocks that will maintain higher-than-average dividends as a looming economic slowdown makes it even harder to find strong returns
▼ + stars: | 2023-04-01 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +4 min

But dividend-paying stocks provide stable and consistent cash flow, even during downturns. Morningstar analysts shared 10 top undervalued stocks to buy for long-term cash flow. 10 cheap dividend-paying stocks to buyWhen faced with a looming economic downturn, one traditional strategy for investors to use to hedge recessionary risks is to buy dividend-paying stocks. "Price risk remains elevated, as does the risk that companies may not be able to maintain current dividends due to economic strain." Below is the full list of top dividend-paying stocks identified by Shetty and Compton, along with each company's ticker and market capitalization.

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