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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 21, 2023. The pan-European STOXX 600 (.STOXX) rose 0.4% to close out the week with a 0.9% gain as investors focused on corporate earnings and the prospect of rate cuts. Euro zone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Central Bank policymakers pushing against market expectations for rate cuts in 2024. For the week, real estate (.SX86P) shares lagged while media (.SXMP) and retail stocks (.SXRP) were the top performers. Reporting by Ankika Biswas and Bansari Mayur Kamdar in Bengaluru; Editing by Sonia Cheema, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Wintershall, they're, Giles Coghlan, Coghlan, Christian Lindner, Germany's DAX, Ankika Biswas, Bansari, Sonia Cheema, Kirsten Donovan Organizations: REUTERS, Staff, BASF, U.S, European Central Bank, Shoppers, Bloomberg News, Abu, Abu Dhabi National Oil Co, Barclays, German, Thomson Locations: Frankfurt, Germany, Europe, Abu Dhabi, Israel, Bengaluru

☆ China is helping the US deal with its massive fentanyl problem — sort of
▼ + stars: | 2023-11-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The US says China is a main source of materials for fentanyl that later ends up in America. The deal, which both leaders settled at the Asian-Pacific Economic Committee summit in San Francisco, would see Beijing assist Washington by regulating fentanyl precursors in China. The Drug Enforcement Administration has warned in recent years that China is a primary source for key ingredients in fentanyl. Advertisement"Focusing on China as the source of the problem has been because it's such an easy country to criticize," Ross said. For the Biden administration, the fentanyl deal has been an issue repeatedly pushed by US officials, Liu said.

Persons: —, Joe Biden, Xi Jinping, Zha Daojiong, Biden, Xi, Liu Zongyuan, Maurice R, Greenberg, Liu, Robert Ross, Ross, Eric Richardson, that's Organizations: Service, Pacific, Drug, Administration, Business, Peking University, pharma, of Foreign Relations, DEA, Boston College, UC Berkeley, INHR, United Nations, US, Bloomberg, Reuters, Forensic Public Security Institute Locations: China, America, San Francisco, Beijing, Washington, India, it's, Mexico, United, Europe, Xinjiang

☆ Where are they now: The many fascinating Bridgewater employees from the book on Ray Dalio 'The Fund'
▼ + stars: | 2023-11-16 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +17 min

The new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend" — which Dalio and his lawyers have pushed back against — describes everything from Bridgewater's investment process to internal grudges and backstabbing to allegations of sexual harassment. Here are the places where the dozens of Bridgewater employees and consultants named in the book ended up. Dalio, the book said, wrote into the firm's bylaws that he could never hold that title again. Before that, she was the head of investment research and a co-chief investment officer for sustainability. He's worked at different funds since leaving in 2006, including Larch Lane Advisors and Bonaccord Capital as an investor and business-development professional.

Persons: Rob Copeland's, Ray Dalio, Dalio, —, Bridgewater, Greg Jensen, YouTube Dalio, nixed, Copeland, He's, Jensen, Eileen Murray, Morgan Stanley, David McCormick, Dina Powell, McCormick, Dave McCormick, Michael M, Nir Bar Dea, Stefanova, Dalio's, Paul McDowell, Bob Eichinger, McDowell, Eichinger, Jen Healy, Osman Nalbantoglu, Matthew Granade, Steve Cohen, Steve Cohen's Point72, Bob Prince, politicking, Karen Karniol, Bridgewater Associates Karen Karniol, Vladimir Putin, Bob Elliott, Elliott, James Comey, Winn McNamee, Barack Obama, Donald Trump, Hillary, Britt Harris, Bridgewater's, Julian Mack, L, Michael Partington, Spencer Stuart, Niko Canner, Jon Rubinstein, Beck Diefenbach Jon Rubinstein, Steve Jobs, Tom Adams, Rosetta Stone, J, Michael Cline, Cline, Kevin Campbell, Campbell, Craig Mundie, Bill Gates, Gates, Mundie, Bill Clinton, George W, Bush, David Ferrucci, IBM's Watson, Ferrucci, Keith Alexander, Alexander, Larry Culp, Culp, Jamie Gorelick, conscientiously, Clinton, Jared Kushner, Jesse Horwitz, Comey, Horwitz, Samantha Holland, Perry Poulos, Murray, Joe Sweet, Tara Arnold, Arnold —, Leah Guggenheimer, She's, Charles Korchinski, Harris, Kent Kuran Organizations: New York Times, Bridgewater Associates, Business, Bridgewater, YouTube, HSBC, Broadridge, Life Insurance, Wells, Treasury Department, Republican, Getty, GOP, Israel Defense Forces, Marto, Princeton University, McKinsey, Point72, Bridgewater didn't, Domino Data, CircleUp, FBI, Trump, of, University of Texas Investment Management Co, Apple, Dalio, Health, Cognition, Mundie, National Security Agency, Amazon, General Electric, Boston Globe, Electric, Trump White House, Harvard Law School, —, Hubble, Stefanova's Marto, HBR Consulting, MIO Partners, Burford, Larch Lane Advisors, Bonaccord, Eaton Partners, Stanford, NextEra Energy Resources Locations: Bridgewater, Connecticut, Pennsylvania, China, San Francisco, of Texas, Atlanta, WilmerHale, Asia, India, Shanghai, Singapore, Israel, Africa

☆ Italy arrests six in crackdown on fentanyl smuggling from China to U.S.
▼ + stars: | 2023-11-15 | by ( Emilio Parodi | ) www.reuters.com time to read: +3 min

[1/2] An undated handout picture released by Guardia di Finanza shows banknotes that were seized as a part of an operation against fentanyl trafficking from China to U.S., in Piacenza, Italy. Guardia di Finanza Press Office/Handout via REUTERS Acquire Licensing RightsMILAN, Nov 15 (Reuters) - Italian police have arrested six people in a crackdown on a network that allegedly played go-between for fentanyl trafficking from China to the United States, Guardia di Finanza police and prosecutors in the northern city of Piacenza said on Wednesday. Washington is hoping to secure more cooperation from Beijing in combating production of the potent synthetic opioid fentanyl, a scourge in the United States, when President Joe Biden meets Chinese President Xi Jinping on Wednesday. Among those arrested in Italy is the alleged head of the network, a 51-year-old Italian man suspected of buying fentanyl from China over the past three years. He sold it on to buyers in the United States, and in one case in Mexico, the chief prosecutor said.

Persons: Grazia Pradella, Joe Biden, Xi Jinping, Emilio Parodi, Keith Weir Organizations: Guardia, Finanza, REUTERS Acquire, U.S . Drug Enforcement Administration, Reuters, U.S, U.S . Centers for Disease Control, Prevention, Police, Thomson Locations: China, U.S, Piacenza, Italy, United States, Guardia, Washington, Beijing, Mexico, Rome, Ukrainian, Switzerland, Eastern Europe, bitcoin

☆ From cocaine-recipe requests to 'a never-ending orgy,' here's how things are going for Elon Musk's rebellious chatbot, Grok
▼ + stars: | 2023-11-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk has been playing up the humorous side of his AI chatbot, Grok. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementIt's been a few days since Elon Musk launched his AI chatbot, Grok, which is the latest offering from startup xAI. One example, shared by X employee Christopher Stanley, involved Grok comparing scaling API requests to a "never-ending orgy." Grok can answer "spicy" questions rejected by other AI models and has a "rebellious streak," the company said.

Persons: Elon Musk, —, Christopher Stanley, Musk, Grok Organizations: Service, Elon, X, Google, Microsoft

SAN JUAN, Puerto Rico (AP) — One of Puerto Rico’s biggest distributors of pharmaceutical drugs was ordered to pay $12 million after being accused of not reporting hundreds of suspicious orders for controlled substances, the U.S. Justice Department said Monday. Drogueria Betances, LLC is accused of not reporting at least 655 orders for fentanyl and at least 113 orders for oxycodone from 2016 through June 2019. The orders were considered suspicious given in part their frequency and size, the department said. In addition, the company was ordered to improve its compliance program and report suspicious orders to the DEA, among other things. He added that Drogueria Betances never was accused of diverting controlled products to unauthorized people or entities.

Persons: Drogueria Betances, ” Juan Carlos Hernández Organizations: JUAN, Rico’s, U.S . Justice Department, U.S . Drug Enforcement, U.S Locations: Puerto Rico, U.S

Illustration of Walt Disney standing on a stage with both hands on his hips. Chart showing Disney’s monthly share price from January 1973 to Sept. 2023. The chart shows sharp growth starting around 2011 and peaks in 2021 before dropping quickly to a current share price around $81. As Walt Disney Studios turns 100, investors worry it's beginning to show its age. The share price dropped to its lowest level in nearly nine years as the company stumbles in the age of streaming.

Persons: Walt, Walt Disney, Disney ”, ”, Chris Pallant, Disney Organizations: Walt Disney, Disney, Walt Disney Studios, Canterbury Christ Church University, United Kingdom . Disney Studios Locations: Canterbury, United Kingdom, Hollywood, New York

☆ Cavendish bananas face extinction and not all experts agree on how to save it
▼ + stars: | 2023-10-22 | by ( Rupendra Brahambhatt | ) www.businessinsider.com time to read: +8 min

Cavendish, the most commonly available banana variety, is facing the risk of extinction. A fungal disease threatens to wipe Cavendish bananas off the face of the Earth. Why Cavendish bananas dominate the global marketThere are over 1,000 varieties of bananas, but about 47% that humans eat are Cavendish bananas (Musa acuminata). Fajri Ramadhan / 500px / Getty ImagesPanama disease is a serial banana killerWhat's happening to Cavendish bananas has happened before to another popular banana variety called Gros Michel. How scientists are trying to save the CavendishSome plant pathologists don't believe that the Cavendish banana will meet the same fate as Gros Michel.

Persons: Cavendish, —, Dan Koeppel, Fajri, Gros, Gros Michel, James Dale, Robert Nickelsberg, Dale, Koeppel, COZZI, Price Organizations: Service, Queensland University of Technology, TR4, Gros, University of Cambridge, Taiwan Banana Research Institute, Apple, Cavendish Locations: Cavendish, Musa, Panama, Darwin, Australia, Queensland, India, China, East, Africa, South America, QCAV, freezers

☆ How Israel's tech community is responding to the Israel-Hamas war
▼ + stars: | 2023-10-13 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

On Sunday, Israel declared war and began implementing a siege of Gaza, cutting off access to power, food, water and fuel. At least 10% decided to take him up on that offer, he told CNBC, and he believes more will do so in the coming weeks. Even during war, much of Israel's tech community is still finding a way to push forward, according to Ben-Aroya and a handful of other members of the tech community CNBC spoke with. "Everyone is covering for each other," Ratzon told CNBC. Of digital bank One Zero's almost 450 employees — all based in Israel — about 10% were drafted for reserve duty, CEO Gal Bar Dea told CNBC.

Persons: Ilia Yefimovich, Dvir Ben, Aroya, —, Israel, Ratzon, Pentera, Saturday, Sephora, Isaac Heller, Israel —, Gal Bar Dea, Dea, …, Bar Dea Organizations: Tel, Spotify, Embassy, West Bank, CNBC, Israel Innovation Authority, Getty, BNP, Chanel, Israeli Defense Forces, Air Force Locations: Israel, Gaza, Tel Aviv, Snowflake, Palestinian, Washington, Re'im, Monaco, Dubai

☆ El Chapo's sons ban fentanyl production in Sinaloa, according to banners
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +2 min

The U.S. government this year portrayed Los Chapitos, or "little Chapos", as the principal providers of fentanyl into the United States. Last month, Ovidio Guzman, the youngest of the four Los Chapitos brothers, was extradited to the United States. "The sale, manufacture, transportation or any type of business involving the substance known as fentanyl is strictly prohibited in Sinaloa," the banners said. In July, Sinaloan investigative outlet Riodoce reported that Los Chapitos had told producers in Culiacan, the state capital, to stop manufacturing fentanyl. Silva doubted Los Chapitos would stay away from fentanyl.

Persons: Joaquin, El, Guzman, Chapitos, Los Chapitos, Ovidio Guzman, Leo Silva, Silva, El Chapo's, Ismael, Zambada, Drazen Jorgic, Jamie Freed Organizations: MEXICO CITY, U.S . Drug Enforcement Administration, Thomson Locations: MEXICO, Sinaloa, Mexican, United States, Mexico, U.S, Culiacan, El Mayo

☆ El Chapo's sons bar fentanyl production in Sinaloa, according to banners
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +2 min

☆ Billionaire Bridgewater founder Ray Dalio says he's focusing on running his family office, not returning to run the world's largest hedge fund
▼ + stars: | 2023-10-03 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

Ray Dalio says he's not plotting a comeback to Bridgewater, the fund he founded in 1975. Speaking at a Greenwich conference Tuesday, Dalio denied a New York Times report saying he might return. He said he will focus on running his family office and mentoring Bridgewater's leadership team. Dalio is building out his family office with a new office in Abu Dhabi and hiring in its other hubs in the US and Singapore, according to Bloomberg. The world's largest hedge fund is now being run by Nir Bar Dea, who has already shaken up the firm with a restructure and layoffs.

Persons: Ray Dalio, he's, Dalio, —, Mark Baumgartner, Rob Copeland, Nir Bar Dea Organizations: Bridgewater, New York Times, Service, Bridgewater Associates, Carnegie, Greenwich Economic, Times, Wall Street, New York Post, Bloomberg Locations: Greenwich, China, Westport , Connecticut, Abu Dhabi, Singapore, Bridgewater

☆ El Chapo's Sons Bar Fentanyl Production in Sinaloa, According to Banners
▼ + stars: | 2023-10-02 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

Persons: Joaquin, El, Guzman, Chapitos, Los Chapitos, Ovidio Guzman, Leo Silva, Silva, El Chapo's, Ismael, Zambada, Drazen Jorgic, Jamie Freed Organizations: MEXICO CITY, U.S . Drug Enforcement Administration Locations: MEXICO, Sinaloa, Mexican, United States, Mexico, U.S, Culiacan, El Mayo

[1/2] Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. loading"Been so excited to tell you all that The Eras Tour concert film is now officially coming to theaters WORLDWIDE on Oct 13!" Previously, Swift had said the movie, called "Taylor Swift: The Eras Tour," would only be released in North America. Swift’s film is expected to collect between $96 million and $145 million at the domestic box office during its opening weekend, according to projections from Box Office Pro. On Nov. 1, 2022, Swift announced her Eras Tour— 53 shows played in stadiums across the United States.

Persons: Taylor Swift, Andrew Kelly, Swift, Walt Disney’s, Danielle Broadway, Lisa Richwine, Clare Trainor, Dea Bankova, Lisa Shumaker Organizations: Prudential Center, REUTERS, AMC Entertainment, Walt Disney’s Marvel, Star Wars, Thomson Locations: Newark , New Jersey, U.S, North America, Hollywood, United States

☆ Q+A What is known about the Nord Stream gas pipeline explosions
▼ + stars: | 2023-09-26 | by ( Nerijus Adomaitis | ) www.reuters.com time to read: +8 min

This is what we know so far:WHAT ARE NORD STREAM PIPELINES? The multibillion-dollar infrastructure project was built by Russia's Gazprom (GAZP.MM) in two stages - Nord Stream 1 and Nord Stream 2. Gazprom owns 51% of Nord Stream 1, while Germany's E.ON (EONGn.DE) and Wintershall Dea (WINT.UL) have 15.5% each, while French Engie (ENGIE.PA) and Dutch Gasunie (GSUNI.UL) hold 9% each in Nord Stream 1. Nord Stream 2, fully owned by Gazprom and operated by Nord Stream 2 AG, was completed in September 2021 at a cost of $11 billion, but was never put into operation because Germany had cancelled Nord Stream 2's certification days before Russia's invasion of Ukraine on Feb. 24, 2022. The Nord Stream pipelines have been a flashpoint in an energy dispute between Europe and Moscow since Russia's invasion of Ukraine.

Persons: Pipes, Fabian Bimmer, Wintershall, OMV, Peter Frank, Die, Seymour Hersh, Mats Ljungqvist, Der Spiegel, Der Siegel, BfV, Nerijus Adomaitis, Christoph Steitz, Nina Chestney, Ros Russell Organizations: REUTERS, Rights, Gazprom, Nord, E.ON, Shell, . Security, WHO, Washington Post, Die Welt, . Security Council, Reuters, Street, ZDF, Kyiv, CIA, NDR, WDR, German Federal Intelligence Service, Thomson Locations: Baltic, Mukran, Germany, Rights OSLO, Russia, Swedish, Bornholm, Sweden, Denmark, Nord, Ukraine, Uniper, Washington, NATO, Moscow, Kaliningrad, Russian, Britain ., U.S, Norway, China, Brazil, Rostock, Wiek, Rugen, Danish, Christianso, Kolobrzeg, Poland, Europe, United States, Oslo, Frankfurt

☆ Third arrest made in connection with suspected fentanyl overdose death of 1-year-old boy, exposure of 3 other children at Bronx day care center
▼ + stars: | 2023-09-25 | by ( Mark Morales | ) edition.cnn.com time to read: +3 min

New York CNN —A third person has been arrested and was charged in federal court Monday in connection with the death of a 1-year-old boy who was exposed to the highly potent drug fentanyl while inside a Bronx day care, according to federal prosecutors. One-year-old Nicholas Dominici died after the suspected fentanyl exposure earlier this month at Divino Niño day care center. Paredes, who was arrested Saturday in an apartment in the Bronx, allegedly conspired to distribute fentanyl, including at the day care center, from at least July of 2023, authorities said. Paredes and his alleged co-conspirators, Grei Mendez and Carlisto Acevedo Brito, stored the drugs at the day care – including a kilo of fentanyl on children’s playmats, according to a criminal complaint. Investigators were able to trace phone calls and text messages from Mendez and Brito that led them to Paredes, according to the complaint.

Persons: New York CNN —, Renny Antonio Parra Paredes, Paredes, Damian Williams, Nicholas Dominici, –, Grei Mendez, Carlisto Acevedo Brito, Dawn ”, Mendez, Brito, Nicholas ’, Frank, Tarentino III, ” Tarentino III, ” Paredes Organizations: New, New York CNN, Authorities, Court, CNN, Southern, of Locations: New York, Manhattan, Divino, Bronx, Paredes

☆ The inflation threat isn't over yet – and the Fed won't ease up in fighting it overnight, the co-chief investor of the world's largest hedge fund says
▼ + stars: | 2023-09-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The inflation threat isn't over and interest rates won't sink overnight, Bridgewater's co-CIO says. Karen Karniol-Tambour sees little reason for rate cuts with a strong economy and sticky inflation. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Indeed, the Fed may realize that inflation isn't fading, and markets are pricing in rate cuts that it's uncomfortable making, Karniol-Tambour said. Even so, bond investors are pricing in a "pretty good number of rate cuts" starting next year, Karniol-Tambour said.

Persons: Bridgewater's, Karen Karniol, Tambour, David Rubenstein, Jerome Powell, Ray Dalio, Nir Bar Dea, CIOs, Greg Jensen, Bob Prince Organizations: Service, Bridgewater Associates, Bloomberg Locations: Wall, Silicon

The Old City of Jerusalem and its walls were inscribed on the UNESCO World Heritage List in 1981, but UNESCO doesn't list it under Israel or Palestine. Whereas other sites are listed by country, UNESCO lists the site separately, under "Jerusalem (Site proposed by Jordan)." Source: Screenshot from UNESCOIsrael, which joined UNESCO in 1949, has nine sites named to the list, including Masada, the Old City of Acre and the "White City" of Tel Aviv. A backdrop of political alliancesUNESCO's decision to add Tell es-Sultan/Jericho to its World Heritage Site has angered Israeli officials, with Israel's foreign ministry releasing a statement Sunday calling it a "cynical" ploy by the Palestinians to politicize UNESCO. Kyiv's Saint Sophia Cathedral is now on UNESCO's List of World Heritage in Danger.

Persons: Archivio J, Lange, De Agostini, Mounir, Jordan, Masada, Anastas, Saint Sophia Cathedral, Kyiv's, Kyiv's Saint Sophia, Pollex Organizations: UNESCO, Getty, Bank, Saudi Press Agency, The, City of, UNESCO Israel, politicize UNESCO, Saudi, U.S, Biden, United, UNESCO —, World, Saint Locations: Jericho, Palestine, Old City, Jerusalem, City, City of Jerusalem, Israel, Acre, Tel Aviv, Kingdom of Saudi Arabia, Saudi Arabia, Mecca, Medina, Saudi, United States, Ukraine, Lavra, Kyiv, Pechersk, Lviv, Kyiv's Saint

Louis Milione retired from the DEA a second time this summer amid reporting by The Associated Press on potential conflicts caused by his prior consulting for the pharmaceutical industry. Milione had spent four years at Guidepost prior to his return, leveraging his extensive experience and contacts from a 21-year DEA career. “Should we say Welcome Back?” Guidepost quipped in a social media post this week announcing Milione’s rehire as president of global investigations and regulatory compliance. His career stands out for two cycles through the revolving door between government and industry, raising questions about the potential impact on the DEA’s mission to police drug companies blamed for tens of thousands of American overdose deaths. Morris & Dickson is still challenging the ruling, which threatens to put the $4 billion a year company out of business.

Persons: Louis Milione, Milione, Anne Milgram’s, “, ” Guidepost, Milione’s rehire, they’re, ”, Jeff Hauser, Viktor Bout, rehire Milione, Milgram, Lou Milione, Morris, Dickson, ” Milgram Organizations: WASHINGTON, Enforcement, Purdue Pharma, Associated Press, Guidepost Solutions, Justice, DEA’s, Dickson Co, DEA, AP, Morris, Department of Justice Locations: New York, America, Shreveport , Louisiana, Investigative@ap.org

☆ Tupac, Cocaine, Murder: Henchmen Brothers, Hip-Hop's Forgotten Moguls
▼ + stars: | 2023-09-17 | by ( David Kushner | ) www.businessinsider.com time to read: +39 min

Mario called Tupac. All he could do was listen to her cry as he explained that he didn't know when he'd be back. He didn't speak Spanish, didn't know a soul in Mexico, and had no clue where he would be sent. Mario didn't ask why, and the guy didn't inquire about Mario's predicament. "It's all good, man," Mario told Jimmy.

Persons: Mario Rosemond, Rosemond, Jimmy, Mario, Akon, Sean Kingston, Gucci Mane, Jimmy Rosemond —, Lowell, Lodi Mack, Fletcher, Tupac Shakur, Tupac, Biggie Smalls, Jimmy Rosemond, Saul Goodman, Tommy Davis, Mario stammered, It's, Jimmy Jr, Andrea, Constantin, Johnny Nunez, Rikers, —, Slick, Russell Simmons, Benny Medina, Lyor Cohen, Chris Lighty, Mona Scott, Mark Sparks, Shoop, Paul Bergen, Bryce Wilson, Wilson, Mohammed, Tef, Stewart, Little Shawn, Puff Daddy, Pac, Freddie Moore, Moore, Al Pereira, would've, Jimmy wasn't, They'd, didn't, Jimmy didn't, —, Mike Tyson, Lennox Lewis, Wyclef Jean, Garland, Cyrus, THONY BELIZAIRE, Mariah Carey, LL, Missy Elliott, Cent, Tef Stewart, Jimmy Rosemond Jr, Jimmy Sr, Khalil Abdullah, Jimmy Iovine, determinedly, DJ Skee, Mario couldn't, Mario chuckles, he'd, GummyBone, Mario didn't, I'm, freckling, he's, isn't, I've, Jim Brown, Michael K, Williams, Donald Trump, Arturo Holmes, Scott Olson, Trump, Brown, James Rosemond Jr, David Kushner Organizations: FBI, Entertainment, Justice Department, Bronx ., Quad Studios, AP, grandad, Wall, Black Panthers, Junior Mafia, Hollywood, Haiti, Management, Apollo, Lowell, Racing, Interscope Records, Interscope, Feds, Department of Motor Vehicles, DMV, Colombian, York Post, Drug, Administration, NFL, Trump, Stone, Atari Locations: Mexico, Haiti, Brooklyn, Bronx, Cuernavaca, Spanish, Rahway , New Jersey, Port, New York City, Vanderveer Estates, East Flatbush, Rikers, Islam, Miami Beach, New York, New Jersey, East Coast, West Coast, Plainfield , New Jersey, Brandy, Los Angeles, Czar's, Harlem, LA, California, Beverly Hills, San, Tijuana, Mexico City, Colombian, San Diego, Manhattan

A photo of the town of Adassil, Morocco, showing severe damage to many houses, which have collapsed after the earthquake. Almost a week after the most powerful earthquake to strike inside its borders since at least 1900, Morocco is still counting the dead. These traditional construction techniques are often praised for their ability to help regulate heat in the hot weather conditions of the region. With poverty levels high in the region, cost is often a driving factor, too. But the benefits of the earthen materials used to address local climate and economic conditions are also uniquely vulnerable to earthquakes.

Organizations: ” Locations: Adassil, Morocco, Marrakech

☆ Billionaire Ray Dalio Pushes for Return to Hedge Fund in Succession Clash
▼ + stars: | 2023-09-15 | by ( Rob Copeland | More About Rob Copeland | ) www.nytimes.com time to read: +1 min

Less than a year after retiring, Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, is threatening his former colleagues with the one thing they have worked hard to prevent: his return. The billionaire investor, who is 74, doesn’t necessarily want to come back to run the firm he founded 50 years ago. Bridgewater’s main fund has been on a downward slide since Mr. Dalio’s retirement. Some of Bridgewater’s top staff and board members, including its chief executive, Nir Bar Dea, whom Mr. Dalio appointed, have repeatedly told him that they will quit if he interferes. They fear that Mr. Dalio might use the proposed fund as a way to come back and reassert control, according to people briefed on internal deliberations but not authorized to speak publicly.

Persons: Ray Dalio, Dalio, Dalio’s, Nir Bar Dea Organizations: Bridgewater Associates Locations: Bridgewater

The number of prescription opioid pills shipped in the U.S. in the second half of the 2010s decreased sharply even as a nationwide overdose crisis continued to deepen, according to data released Tuesday. But Mougey pointed out that as prescription drug shipments decreased, illicit opioids — particularly heroin and illegally produced versions of fentanyl — increased. During that time, prescription drugs were the opioids linked to the most deaths in the U.S. The newly released data is the first deep look at what happened with prescription drug shipments later in the 2010s. By the early 2010s, policymakers and doctors were restricting access to prescription opioids.

Persons: ” Peter Mougey, Mougey, Dan Polster, Sackler, Polster, ” Polster Organizations: U.S . Drug, Administration, System, U.S, District, Washington Post, HD Media, Purdue Pharma, Kroger Locations: U.S, ARCOS, Appalachia, Cleveland, West Virginia

☆ Cannabis ETFs are off to a strong September. Will the buzz last?
▼ + stars: | 2023-09-09 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

"We've seen most cannabis ETFs rally over 30% since the news broke last week on this recommendation," Amplify ETFs CEO Christian Magoon told CNBC's Courtney Reagan on "ETF Edge" on Wednesday. The Roundhill Cannabis ETF (WEED) has soared nearly 71% since the announcement, while the AdvisorShares Pure US Cannabis ETF (MSOS ) and AdvisorShares Pure Cannabis ETF (YOLO) have jumped 64% and 45%, respectively. "Consumer packaged goods and pharmaceutical companies are going to be able to now look at these cannabis companies as M&A targets to partner with them." "The great thing about the ETF industry is there's a lot of opportunity," Lydon said in the same interview on Wednesday. Lydon pointed out that Amplify ETFs holds a great "first mover advantage" with its pair of cannabis-based funds.

Persons: Christian Magoon, CNBC's Courtney Reagan, Magoon, marijuana's, Tom Lydon, Lydon Organizations: Cannabis ETF, U.S . Department of Health, Human Services, HHS, DEA, Cannabis, VettaFi Locations: YOLO

☆ What Wall Street is telling employees about returning to the office, from Goldman Sachs to JPMorgan and Blackstone
▼ + stars: | 2023-09-04 | by ( Kaja Whitehouse | Michelle Abrego | ) www.businessinsider.com time to read: +11 min

According to Goldman's chief economist, Jan Hatzius, some 25% of all US workers work from home at least part of the week. So, which Wall Street firms are still letting employees work from home at least part of the time? On days employees are in, the firm focuses on taking "advantage of our shared location," it reads. At that time, the firm called for its employees to come into the office a minimum of three days a week. Since then, most employees have been in the office throughout the week, according to a person familiar with the firm.

Persons: Goldman Sachs, David Solomon, Citadel's Ken Griffin, Joe Biden, Jan Hatzius, Hatzius, Jamie Dimon, Goldman, Goldman Sachs Goldman Sachs, —, Dimon, JPMorgan Gretchen Ertl, Jane Fraser, she's, Fraser, they're, Citigroup Patrick, Fallon, Brian T, Moynihan, Bank of America Shannon Stapleton, Reuters Morgan Stanley Morgan Stanley's, James Gorman, Gorman, Gorman doesn't, Morgan Stanley, we're, James Gorman SAUL LOEB, Larry Fink, Larry Fink Spencer Platt, Citadel's Griffin, Griffin, Raj Mahajan, Ken Griffin, Milken, Mike Blake, Blackstone, Stephen Schwarzman Roy Rochlin, Nir Bar Dea, Izzy Englander's Organizations: JPMorgan, Blackstone, Morning, Citadel, Bloomberg, Business, Deloitte, JPMorgan JPMorgan, Goldman, Citigroup, Street, Bank, Economic, Getty Images Bank of America Bank of, Bank of America, Reuters, Getty, BlackRock BlackRock, Yards, Labor, Fox, BlackRock, Citadel Securities, Blackstone Blackstone, Bridgewater Bridgewater Associates, Bridgewater Associates, Bridgewater Locations: Citadel, Davos, Switzerland, New York City

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