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☆ BP’s profit more than doubles as calls for windfall taxes grow louder
▼ + stars: | 2022-11-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

The UK-based energy company posted underlying profit of $8.15 billion in the July to September period, compared with $3.3 billion a year ago. BP (BP)’s earnings were boosted by “exceptional” results in its gas trading business, it said in a statement on Tuesday. Also last week, America’s largest oil company, ExxonMobil set a profit record for the second straight quarter, while Chevron (CVX) and French oil company Total (TOT)Energies posted similarly huge increases. The unprecedented set of earnings is fueling renewed calls in Britain and the United States for windfall taxes on energy companies to help households that are struggling to pay rising bills. EU governments, on the other hand, agreed a windfall tax in September that they hope will raise $140 billion.

☆ Cryptoverse: British pound fiasco boosts bitcoin's hedge appeal
▼ + stars: | 2022-10-25 | by ( Lisa Pauline Mattackal | ) www.reuters.com time to read: +4 min

Oct 25 (Reuters) - As a developed nation, you know your currency's in a spot of bother when investors start to hedge with bitcoin. Register now for FREE unlimited access to Reuters.com Register"It was the first time we've seen such a huge increase in (bitcoin) volumes for the currency of a developed country," said Ed Hindi, chief investment officer at Tyr Capital. In fact, over the past month of market ructions, U.S. Treasuries have been equally or more volatile than bitcoin, according to Refinitiv data. The pound volumes echoed similar instances of investors jumping into bitcoin when fiat money came under pressure, including in Russia and Ukraine this year. Some crypto watchers say the September surge was nonetheless a reflection of bitcoin's enduring appeal as an asset outside mainstream finance.

☆ Fact Check-No evidence Stacey Abrams lobbied for MLB All-Star Game to be moved out of Atlanta
▼ + stars: | 2022-10-19 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Georgia Republicans, including Kemp, have tied Abrams to the MLB’s decision, but there is no evidence that Abrams advocated for the All-Star Game to be moved out of the state. Abrams publicly expressed her disagreement with pulling the game from Georgia before and after the MLB’s decision. Following the passage of the bill, the MLB decided to relocate the All-Star Game out of Cobb County in Atlanta on April 2, 2021 (here). Kemp said in a July 2021 campaign ad titled “Not Backing Down” that “Abrams and the liberal mob forced the All-Star Game to move” (here). There is no evidence that Stacey Abrams lobbied for the 2021 MLB All-Star Game to be relocated or that she supported the boycott in Atlanta.

Share this -Link copiedFloridians are livestreaming Hurricane Ian on TikTok Floridians are giving TikTok users a front-row seat to Hurricane Ian. Storm surge map, they didn’t have a color for 12 to 15 feet," he said about the historic levels of storm surge expected near where Ian is expected to make landfall. Share this -Link copiedA view of Hurricane Ian from the International Space Station A view of Hurricane Ian from the International Space Station, on Monday. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early Wednesday. Share this -Link copiedIan expected to strengthen until making landfall, officials say Hurricane Ian is still forecast to strengthen until the hurricane makes landfall in Florida, the National Hurricane Center said.

Storm surge map, they didn’t have a color for 12 to 15 feet," he said about the historic levels of storm surge expected near where Ian is expected to make landfall. Share this -Link copiedA view of Hurricane Ian from the International Space Station A view of Hurricane Ian from the International Space Station, on Monday. “We are extremely concerned about the potential impacts Hurricane Ian may have on phosphate facilities around the state,” Whitlock added. Share this -Link copiedIan strengthens into Category 4 storm Hurricane Ian has strengthened into a Category 4 storm as it advances upon Florida's west coast. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early Wednesday.

Earlier this summer, Snap executives told managers they should put at least 10% of their teams on performance improvement plans. In a few weeks, Snap employees have gone from feeling relatively stable to joking that they now work at "Snapazon," a reference to the sometimes grueling, metric-heavy approach of Amazon. Snap is chopping the Snap Pixy mini drone, its accelerator program, Snap Originals, Snap Minis and its Games vertical. Other Snap workers expressed similar doubts about the company's acquisition strategy. AR likely will not be a major success story, despite Snap's leadership in the area.

☆ Former NATO commander says he's not losing 'a lot of sleep' over Putin's nuclear threats as the Russian leader ups the ante in Ukraine
▼ + stars: | 2022-09-23 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +4 min

A former NATO commander said he's not losing "a lot of sleep" over Putin's nuclear threats. "I don't see Putin deciding to use a nuclear weapon," Stavridis said. The US has for months privately warned Russia there would be serious consequences if it employs a nuclear weapon, according to a Washington Post report. But Stavridis said he's not losing "a lot of sleep" over Putin's nuclear rhetoric. And in reference to Putin's nuclear threat, Daalder asserted that "anyone who finds it necessary to say that he's not bluffing most likely is."

I used the 'rosebud' cheatcode to make my Sims wealthy without working, and I kept looking for the same cheatcode in real life. Now that I'm older, I realize building wealth isn't the same as the instant gratification of entering the 'rosebud' cheat. I romanticized the idea of cheating my way into wealthAside from basic financial management, I learned about the 'rosebud' cheatcode. Coupled with extra exclamation points and semicolons, the 'rosebud' cheatcode could put millions of simoleons (Sim dollars) into my Sims' bank accounts. I thought their families found the 'rosebud' cheatcode to wealth, and I was desperate to figure out how to do the same thing.

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