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Australia Says AUKUS a Response to Arms Race, Not Fuel for It
  + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com   time to read: +2 min
SYDNEY (Reuters) - The Indo Pacific region is in the midst of a substantial arms race that Australia is responding to, not fuelling, with its planned acquisition of nuclear-powered submarines, Minister for Defence Industry Pat Conroy said on Tuesday. The $245 billion AUKUS project with Britain and the United States to build a new class of nuclear-powered and conventionally armed submarine has been criticised by China as having the potential to spark an arms race. "The arms race is the greatest its been since 1945, and that is why I reject assertions... that Australia is somehow fuelling that arms race. "Conflict is far from inevitable," he said, adding that Australia cannot afford to under-invest in defence. Australia's nuclear-powered submarine fleet will be used for intelligence gathering in peacetime and to strike enemy targets during a war, Conroy said.
Persons: Defence Industry Pat Conroy, Conroy, AUKUS, Kirsty Needham, Gerry Doyle Organizations: SYDNEY, Defence Industry, National Press Club Locations: Australia, Britain, United States, China, Canberra, Southeast Asia, Philippines, South, Darwin
Australia to form rapid cyber assist teams for Pacific Islands
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +1 min
A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing RightsSYDNEY, Nov 22 (Reuters) - Australia said on Wednesday it would spend A$26.2 million ($17 million) to establish "rapid assistance" teams to respond to cyber crises in the Pacific region, and another A$16.7 million to identify cyber vulnerabilities in the Pacific Islands. The cyber security boost comes after Australia and the United States committed last month to funding two new undersea cables to be rolled out by Google in the Pacific Islands to increase connectivity for eight remote island countries. Minister for the Pacific Pat Conroy said the rapid response teams would "build long-term resilience in the Pacific" and provide critical support. A second undersea cable would connect the United States to Australia via French Polynesia.
Persons: Kacper, Pacific Pat Conroy, Kirsty Needham, Stephen Coates Organizations: REUTERS, Rights, Google, Pacific, Thomson Locations: Australia, Pacific, United States, Fiji, French Polynesia
Anne Richards steps down as Fidelity International CEO
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
Anne Richards, CEO of Fidelity International, attends the Global Financial Leaders' Investment Summit, in Hong Kong, China November 8, 2023. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsNov 20 (Reuters) - Asset manager Fidelity International announced on Monday that Anne Richards has stepped down as chief executive officer after five years and will become vice chair at the company. Richards, who has more than 30 years of experience in asset management, led M&G Investments before joining Fidelity as chief executive officer in 2018, replacing Brian Conroy. “Over the last five years Anne has accomplished a tremendous amount for our organisation in service of our clients," Chair of Fidelity International, Abby Johnson, said. In her new role as vice chair, Richards will help the company with its external relationships and strategic partnerships, Fidelity said in a statement.
Persons: Anne Richards, Tyrone Siu, Richards, Brian Conroy, Anne, Abby Johnson, Pritam Biswas, Pooja Desai Organizations: Fidelity International, Global Financial, Investment, REUTERS, G Investments, Fidelity, Aberdeen Asset Management, Thomson Locations: Hong Kong, China, Bengaluru
More than 20 people have reported burning eye pain and vision problems after attending a party for NFT owners in Hong Kong last weekend, the organizers said on Tuesday. The gathering was part of ApeFest, a three-day event hosted by Bored Ape Yacht Club, a group of cryptocurrency enthusiasts who own unique digital images of primates that cost tens of thousands of dollars apiece. Yuga Labs, the parent company of Bored Ape Yacht Club, is in contact with 22 people who had eye problems after the event, said Louise Conroy, a spokeswoman for the company. “We are very distressed by these reports,” Ms. Conroy said in an interview, adding that Yuga Labs was working with an independent firm to investigate the claims. “Regardless of the outcome of the investigation, we intend to do the right thing by our community members.”
Persons: Louise Conroy, ” Ms, Conroy, Organizations: Yuga Labs Locations: Hong Kong, ApeFest
Some of the ads show Black women applying hair products before cutting to a summary of the NIH study’s findings. “We do not believe the science supports a link between chemical hair straighteners or relaxers and cancer,” Revlon said. Lead author White said in a statement in response to Reuters questions that there is currently no strong evidence linking family history of breast cancer to increased risk of uterine cancer. The sisters said they wanted their mother’s death last year following a battle with uterine cancer to mean something. Bush, the St. Louis cosmetologist, joined the litigation in August, she said, because of the possibility that hair relaxers cause cancer.
Persons: Sheila Bush, Bush, Revlon’s, ” Revlon, L’Oreal, , Ben Crump, George Floyd, Diandra, ” Debrosse Zimmerman, Jenny Mitchell, Crump, “ it’s, ” Crump, Louis, Jayne Conroy, don’t, Adam Zimmerman, Alexandra White, phthalates, White, Weiss, Porter Kaye Scholer, Jennifer Hoekstra, Zimmerman, , X Ante, Quiana Hester, Ariana, Nakisha, Patrice Hester, Louis cosmetologist, Mike Spector, Richa Naidu, Kristina Cooke, Diana Novak Jones, Eve Watling, Lawrence Bryant, Alicia Powell, Angela Johnston, Lucy Ha, Vanessa O’Connell, Suzanne Goldenberg Organizations: L’Oreal, Revlon, U.S, National Institutes of Health, Reuters, NIH, Supreme, University of Southern California Gould School of Law, U.S . House, American Cancer Society, U.S . Food, Drug Administration, World Health Organization, Paul, Arnold, FDA, USC, Washington DC Locations: Louis, Olive, U.S, India, Minneapolis, Missouri, Chicago, United States, Rifkind, Baltimore, Houston, Washington, San Diego, Bush
A large Charged Lemonade contains 390 milligrams — nearly the 400-milligram daily maximum of caffeine that the Food and Drug Administration says healthy adults can safely consume. The legal complaint called Charged Lemonade a "dangerous energy drink" and argues that Panera failed to adequately warn consumers about its ingredients, which also include guarana extract, another stimulant. The caffeine content of Panera's Charged Lemonade has always been listed in-store, Panera said. Katz had gotten a large Charged Lemonade hours before she died, and had had at least one Charged Lemonade in the days prior, according to Victoria Rose Conroy, Katz's roommate and close friend. Crawford said if Charged Lemonade is going to remain on the menu, it should be less accessible to customers.
Persons: Sarah Katz, Panera, Red Bull, Elizabeth Crawford, Kline, Specter, Katz, Victoria Rose Conroy, Katz's, Conroy, Sarah, Crawford, shouldn't Organizations: NBC News, Ivy League, and Drug Administration, FDA, Katz's University of Pennsylvania, Panera, Sip Locations: North America, Philadelphia, Katz's
A college student went into cardiac arrest and died after drinking a 'Charged Lemonade,' a lawsuit alleges. AdvertisementAdvertisementThe parents of an Ivy League student are suing Panera Bread, alleging that their daughter went into cardiac arrest and died several hours after drinking a "Charged Lemonade" from the chain. According to the lawsuit, Katz had lived with a heart condition called long QT syndrome type 1 since the age of 5 and stayed away from energy drinks. The legal complaint was filed in the Philadelphia County Court of Common Pleas on Monday morning and it accuses Panera Bread of wrongful death. Panera's charged lemonade went viral on TikTok and X in December 2022 as consumers compared the drink to stimulants like Adderall.
Persons: Panera, , Sarah Katz, Katz, Victoria Rose Conroy, Conroy, Red Bull, Elizabeth Crawford, Kline, Specter, Sarah Baus Organizations: Service, Ivy League, University of Pennsylvania, NBC News, NBC, CNN, Panera's Locations: Philadelphia
On Sept. 10, 2022, Katz purchased a charged lemonade from a Panera Bread in Philadelphia, according to the suit. It's an energy drink that has lemon flavor," said Elizabeth Crawford, a partner at Philadelphia-based law firm Kline & Specter, PC. The lawsuit alleges the charged lemonade is "defective in design because it is a dangerous energy drink." Conroy said Katz had bought at least one other charged lemonade in the days prior to her cardiac arrest. Katz's parents, who declined to speak about the lawsuit, are desperate for people to understand exactly what is in Panera's charged lemonade before they buy it, Crawford said.
Persons: Panera, Sarah Katz, Katz, Victoria Rose Conroy, Conroy, Sarah, Red Bull, Elizabeth Crawford, Kline, Specter, I've, Crawford, Charles Berul, Berul Organizations: Ivy League, NBC News, of Pennsylvania, American Heart Association, National Hospital, Panera, Emergency, Food and Drug Administration Locations: Philadelphia, Washington
CNN —Baltimore has agreed to pay $48 million to three men who were wrongfully convicted of murder as teenagers and spent 36 years in prison. Alfred Chestnut, Ransom Watkins and Andrew Stewart were 16 when they were arrested on Thanksgiving Day 1983, according to the federal lawsuit they filed after being freed. Mary Stewart, left, walks with her son, Andrew Stewart and her daughter, Ulonda Stewart, after his release. Matt McClain/The Washington Post via Getty ImagesBut they were declared innocent decades later, after Chestnut filed a public records request. Investigators “ignored eyewitness evidence and physical evidence that contradicted their chosen narrative, including evidence pointing to a different suspect.
Persons: Justin Conroy, Alfred Chestnut, Ransom Watkins, Andrew Stewart, DeWitt Duckett, Mary Stewart, Ulonda Stewart, Matt McClain, Chestnut, John Doe ”, DeWitt, , Marilyn Mosby, , Baltimore Mayor Brandon Scott, ” Scott, Nick Mosby Organizations: CNN, Baltimore, ” Baltimore Police Department, city’s, Washington, State of, Baltimore City, Baltimore Mayor, Baltimore Police Department, City Locations: State of Maryland
Amex Member Week 2023 will offer eligible cardholders presale ticket access, special experiences, and more. To find the right Amex card for you, read more about our picks for the best American Express cards. American Express Member Week 2023 detailsTo take full advantage of Amex Member Week, you need to have an Amex card, such as The Platinum Card® from American Express, the American Express® Gold Card, or The Business Platinum Card® from American Express. Amex Member Week exclusives span a number of categories, from entertainment and live events to retail offers. They can receive up to $165 in total value when making select purchases from the following merchants:DocuSignHertzInstacart BusinessLowe'sSquarespaceProducts in this post: The Platinum Card® from American Express, American Express® Gold Card, The Business Platinum Card® from American Express
Persons: , you'll, Amex, Olivia Rodrigo, Resy, Fermin Nunex, Matt Conroy, Isabel Coss, cardmembers, James Jarvis, DocuSign Organizations: Service, American Express, American, YouTube, Amex, Delta, Delta.com, Lufthansa, Qatar Airways, Regent Seven Seas, Seabourn, Bose Dell, DocuSign Hertz Locations: Delta, York City, Las Vegas, Miami, Austin , Texas, Washington ,
CNN —Calgary Flames assistant general manager Chris Snow died on Saturday following his battle with ALS, his wife Kelsie Snow announced. “The National Hockey League family is deeply saddened by the passing of Calgary Flames Assistant General Manager Chris Snow, a remarkable man whose courageous and relentless battle with ALS has been an inspiration to so many,” NHL commissioner Gary Bettman said in a statement. Prior to his time with the Flames, Snow was a sports reporter for the Boston Globe, where he covered the Boston Red Sox, and the Minneapolis Star-Tribune, where he covered the Minnesota Wild. Following his time as a journalist, Snow worked as a director of hockey operations for the Wild from 2006 through 2010. He is survived by his wife Kelsie, his son Cohen, and his daughter Willa.
Persons: Chris Snow, Kelsie Snow, Chris, ” Snow, Lou Gehrig’s, “ Chris, Craig Conroy, Kelsie, Cohen, Willa, , Gary Bettman, Snow Organizations: CNN — Calgary Flames, ALS, Flames, ” Flames, National Hockey League, Calgary Flames, NHL, Club’s Hockey, Boston Globe, Boston Red Sox, Minneapolis Star, Tribune Locations: Minnesota
I loved my savings account, but an offer from a local bank convinced me to try a money market account instead. The money market account is treated as a checking account, which makes it easier for me to use. The last time I signed up for a new savings account was in the fall of 2022, when I switched to a Discover savings account. Switching to a high-yield money market accountMy community bank made sure I knew about its interest offer on money market accounts. Money market accounts can pay high APY with checking account treatmentThe fact that the community bank option was a money market account came with another bonus.
Persons: , I've, I'd Organizations: Service, Discover, Federal Reserve, Fed Locations: Discover —
For the first time in its 88-year history, the UAW is on strike at all three of the Detroit companies at once. "We have a bigger point to make," Wegener said, noting the strike sends a larger message about inequality across the industry. In fact, the United Auto Workers-led strike at the Detroit 3 is shaping up to have an outsized effect on the entire automotive industry. "If the UAW does dig their heels in and does well here, it's highly likely that they will get other auto workers who are not UAW auto workers to be very interested," Ambrose Conroy, CEO of consultancy Seraph, said. Even the branding of the strike, which Fain has called the "Stand Up" strike, is a play on the UAW's highly influential 1937 sit-down strike at GM.
Persons: Tesla, Matt Wegener, , Wegener, It's, it's, Ambrose Conroy, Seraph, Fain, we've, Jason Miller, Stellantis, Melissa Atkins, Ford, Jim Farley, Miller, Conroy, They've Organizations: UAW, Service, United Auto Workers, Michigan Assembly, Detroit, Ford, GM, Teamsters, United Airlines, Michigan State University, CNBC, Tesla Locations: Detroit, Wall, Silicon, Wells Fargo
A U.S. Navy P-8 Poseidon aircraft takes off from Perth International Airport, April 16, 2014. REUTERS/Greg Wood/Pool/File Photo Acquire Licensing RightsSYDNEY, Sept 19 (Reuters) - Australia will spend A$1.5 billion ($966 million) to boost maritime surveillance of its northern approaches, buying more long range drone aircraft and upgrading Poseidon maritime patrol aircraft. The fleet of 14 Boeing (BA.N) P-8A Poseidon Maritime Patrol aircraft will have anti-submarine warfare, maritime strike and intelligence collection capabilities upgraded, Minister for Defence Industry Pat Conroy said in a statement on Tuesday. The Triton will provide long-range surveillance of Australia's maritime region, the statement said. Conroy said the Poseidon aircraft upgrades will strengthen the protection of Australian "maritime interests".
Persons: Greg Wood, Defence Industry Pat Conroy, , Conroy, Kirsty Needham, Lincoln Organizations: U.S . Navy, Perth International Airport, REUTERS, Rights, Boeing, Poseidon Maritime Patrol, Defence Industry, Northrop Grumman, Triton, United States Navy, Defence, U.S, Australian Poseidon, United Nations Security, Thomson Locations: Australia, Australia's Northern Territory, Asia, South Australia, United States, Pacific, China, Australian, South China, North Korea
One of the nation's largest grocery chains is the latest company to agree to settle lawsuits over the U.S. opioid crisis. In a deal announced Friday, the Kroger Co. would pay up to $1.4 billion over 11 years. Kroger currently has stores in 35 states — virtually everywhere save the Northeast, the northern plains and Hawaii. Over the past eight years, prescription drug manufacturers, wholesalers, consultants and pharmacies have proposed or finalized opioid settlements totaling more than $50 billion, including at least 12 others worth more than $1 billion. “Kroger has long served as a leader in combatting opioid abuse and remains committed to patient safety,” the company said.
Persons: Kroger, , Jayne Conroy, , overprescribing, Conroy, “ Kroger, OptumRx Organizations: Kroger, U.S, Supreme, Purdue Pharma, Associated Press, Albertsons, Pharmacy Locations: Hawaii, New Mexico, West Virginia, U.S
Taylor Swift's Eras Tour had a significant impact on several public companies this summer. "Knowing how our guests can't get enough of Taylor Swift, we proactively secured an exclusive vinyl offering that Swifties bought in droves." "In July, Taylor Swift launched her Eras Tour merch shop with us experiencing unprecedented volume sales and site visitors on launch day, and we were ready for it." "Folks aren't buying as much patio furniture when they're spending hundreds or thousands of dollars to go to Taylor Swift. Rolling Stones, U2, Madonna, Prince, and this Taylor Swift performance was at a whole different level.
Persons: Taylor, Taylor Swift, Swifties, Christina Hennington, — Harvey Finkelstein, — Boyd Muir, — Leslie Hale, Raymond Martz, Jon Bortz, Wee Ee Cheong, Thomson Leighton, James Conroy, It's, Jonathan Johnson, Tom Schmitt Organizations: Service, AlphaSense, Merchandising, Universal Music, Lodging, Overseas Bank, Bot, Akamai, Forward Locations: Wall, Silicon, Chicago
What’s Going On With Inflation? Unpacking the Latest CPI Report Inflation is once again in focus now that the Fed has announced future decisions will be based entirely on data. The July CPI report will play a major role in what comes next for the market and the economy. Photo: Michael Conroy
Persons: What’s, Michael Conroy Organizations: Fed
What’s Going On With Inflation? Unpacking the Latest CPI Report Inflation is once again in focus now that the Fed has announced future decisions will be based entirely on data. The July CPI report will play a major role in what comes next for the market and the economy. Photo: Michael Conroy
Persons: What’s, Michael Conroy Organizations: Fed
What’s Going On With Inflation? Unpacking the Latest CPI Report Inflation is once again in focus now that the Fed has announced future decisions will be based entirely on data. The July CPI report will play a major role in what comes next for the market and the economy. Photo: Michael Conroy
Persons: What’s, Michael Conroy Organizations: Fed
SYDNEY, Aug 16 (Reuters) - Australia said it would commit A$7 million for a Pacific rugby league championship, in a "football diplomacy" move seen as boosting Australia's soft power amid competition for influence with China. Women's and men's teams from seven countries will compete in the Pacific Rugby League Championships, Prime Minister Anthony Albanese said on Wednesday. About half of players in Australia's National Rugby League competition are of Pasifika heritage, said Pat Conroy, the minister for international development and the Pacific. The Australian government has funded a PNG team in the Queensland state rugby competition, and a Fijian team in the NSW state competition, he said. Albanese said that the Pacific Championship will showcase women's rugby league, and that the Matildas had shown how women's sport can inspire nations.
Persons: Anthony Albanese, " Albanese, Albanese, Pat Conroy, Conroy, Mary Fowler, Kirsty Needham, Gerry Doyle Organizations: SYDNEY, Pacific, Pacific Rugby League, Pacific Islands Forum, New, Australia's National Rugby League, rugby, Fijian, league, Thomson Locations: Australia, China, Cook Islands, Fiji, New Zealand, Papua New Guinea, Samoa, Tonga, New South Wales, Queensland, Pacific, NSW
Australia awards South Korea's Hanwha $4.7 bln defence contract
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +2 min
SYDNEY, July 27 (Reuters) - South Korea's biggest defence company Hanwha Aerospace (012450.KS) on Thursday beat Germany's Rheinmetall (RHMG.DE) to win an Australian contract worth up to A$7 billion ($4.74 billion) for building 129 infantry fighting vehicles. The deal, which Defence Industry Minister Pat Conroy described as one of the largest projects in the history of the Australian army, will have a value of A$5 billion to A$7 billion. Australia has been upgrading its defence capabilities, citing the changing strategic environment in the Pacific region, where China is looking to increase its influence. Hanwha said the deal would further boost ties between Australia and South Korea and had "significant implications" for defence and economic cooperation. ($1 = 1.4780 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Alasdair Pal and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Germany's, Pat Conroy, Conroy, Hanwha, Hanwha's, Anthony Albanese, Renju Jose, Alasdair Pal, Jamie Freed Organizations: SYDNEY, Hanwha Aerospace, Germany's Rheinmetall, Defence Industry, Rheinmetall, Thomson Locations: Australia, Victoria, Pacific, China, South Korea, Germany, Sydney
ChatGPT was an 'oh crap' moment for every CEO. Bosses of everything from travel firms to online florists showed off hastily built ChatGPT plug-ins. For much of corporate America right now, there's the world before ChatGPT, and the world after. Beckley was trying to enjoy the remainder of his Thanksgiving holiday when AI startup OpenAI dropped ChatGPT to the public on November 30. In 2022, the startup was reportedly heavily loss-making due to the costs of creating and running ChatGPT.
Persons: ChatGPT, florists, Michael Beckley, Appian, Beckley, Jefferies, Chris McCann, Jim Conroy, Appian's Beckley, everyone's, everything's Organizations: Morning, America, Mother's Locations: OpenAI
Exact Sciences' shares pop on positive Cologuard trial results
  + stars: | 2023-06-20 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExact Sciences' shares pop on positive Cologuard trial resultsKevin Conroy, Exact Sciences CEO, joins 'Fast Money' to discuss Exact Sciences latest trial results for its colo-rectal cancer tests, Cologuard.
Persons: Kevin Conroy Organizations: Sciences
The US Air Force has begun retiring the A-10, an aircraft famed for its role in close air support. Indeed, the US Air Force is finally retiring the aging A-10 Warthog ground-attack aircraft, which a top official has said "doesn't scare" China. According to Pentagon's budget request for 2024, the Air Force is looking to cut its TACP force by more than 40% over the next three years. If the plan goes ahead, the Air Force TACP community will have a little over 2,100 positions for officers, enlisted troops, and civilian personnel in 2025, down from the 3,700 slots it has currently, a spokesman told Air Force Times. "I think the military is getting ready for a war where we won't have air dominance," a former Air Force Combat Controller told Insider.
Persons: , Tyler, Mercedee Wilds, Ryan Conroy, Michael Holzworth, Col, Nathan Colunga, Colunga, Stavros Atlamazoglou Organizations: US Air Force, Tactical Air Control Party, Service, China, US Air National Guard, Staff, Tyler Woodward Tactical Air Control Party, US Army, Marine Corps, Air Force, Air Force Times, Air, National Guard, Air Combat Command, Air Force Combat, Combat, Air Commando, 321st Special Tactics Squadron, Navy, Army Green Berets, Marine Raiders, Air Force Special Operations Command, Air Force Special, Squadron, Tech, Warfare, Hellenic Army, 575th Marine Battalion, Army, Johns Hopkins University, Johns Hopkins, School, International Locations: China, Estonian, Kansas, Fort Irwin, California, Ukraine, Afghanistan, Iraq, Estonia, Nevada, Johns
Boot Barn CEO: Our consumer is pretty solid
  + stars: | 2023-06-06 | 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 EmailBoot Barn CEO: Our consumer is pretty solidBoot Barn CEO Jim Conroy joins 'Power Lunch' to discuss consumer demand for western wear, expanding their footprint, and more.
Persons: Jim Conroy
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