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There are also some voluntary credits for mechanically removing CO2 directly from the air, which are currently much more expensive. In June, the CFTC—the federal regulator of derivatives—created an environmental task force focused on rooting out fraud in carbon markets. SHARE YOUR THOUGHTS How can we build trust in carbon offsets? A parallel effort by the Voluntary Carbon Market Integrity Initiative, or VCMI, is setting rules for the buyers of offsets. The Commodity Futures Trading Commission has created an environmental task force focused on rooting out fraud in carbon markets and has called on whistleblowers to expose misconduct.

Persons: don’t, Nestlé, ”, Danny Cullenward, John Kerry, Morgan Stanley, Perrier, San, Ian McGinley, hasn’t, Guy Turner, ” Turner, andrew kelly, Mark Kenber, ” Kenber, William McDonnell, ” McDonnell, Dieter Holger Organizations: Futures Trading Commission, Sustainable Business, Institute, Carbon, American University . “, European Union, American University “, Paris Agreement, Council, Voluntary, Initiative, Trove, Futures, Reuters, dieter.holger Locations: U.S, San Pellegrino, Paris

☆ What is OceanGate? Meet the company that made a business out of risky deep-sea tours of the Titanic shipwreck.
▼ + stars: | 2023-06-22 | by ( Grace Mayer | ) www.businessinsider.com time to read: +6 min

The company has attracted renewed scrutiny since its submersible vessel, Titan, went missing Sunday. In 2018, OceanGate faced a lawsuit from former employee David Lochridge, who said he warned about quality and safety issues related to the Titan vessel. The Titanic shipwreck expeditionsOceanGate has been conducting expeditions of the Titanic ship wreckage since 2021, according to the company's website. When reached for comment, a spokesperson for OceanGate told Insider the company was "unable to provide any additional information at this time." What is the OceanGate Titan?

Persons: OceanGate, Rush, David Pogue, David Lochridge, Pogue, Peter Girguis, Mike Reiss, Reiss Organizations: Stockton Rush, Rush, Morning, OceanGate Expeditions, Titanic, Smithsonian Magazine, Princeton University, McDonnell Douglas Corporation, University of California, The Seattle Times, Smithsonian, CBS, Titan, US Navy, BBC Locations: Everett , Washington, Pitchbook, St, John's, Newfoundland, OceanGate, Harvard

☆ Stockton Rush: What we know about the Titan submersible's pilot
▼ + stars: | 2023-06-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Rush has approached his dream of deep-sea exploration with child-like verve and an antipathy toward regulations — a pattern that has come into sharp relief since Sunday night, when his vessel, the Titan, went missing. But in 2004, he told Smithsonian, the dream shifted after Richard Branson launched the first commercial aircraft into space. “I had this epiphany that this was not at all what I wanted to do,” Rush told the magazine. The commercial sub industry is “obscenely safe” he told Smithsonian, “because they have all these regulations. He also asked Rush about what the vessel’s “MacGyvery” components — like the plastic PlayStation controller and LED lights that Rush bought from an RV retailer.

Persons: Jacques Cousteau, Rush, MacArthur, you’re, ” Rush, Alan Estrada, ”, Richard Branson, Kirk, OceanGate, Greg Gilbert, Estrada, “, David Lochridge, OceanGate hasn’t, David Pogue, You’re, Pogue, plumb, Nick D’Annunzio, TARA, Celina Tebor, Sam Delouya Organizations: New, New York CNN, Stockton Rush, verve, Princeton, Smithsonian Magazine, McDonnell Douglas Corporation, UC Berkeley, Smithsonian, Enterprise, OceanGate, Everett, NASA, CBS, Boeing, University of Washington, USA, Michelin Locations: New York, Seattle, Washington

☆ US Supreme Court backs three men in Cuomo-era New York corruption cases
▼ + stars: | 2023-05-22 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

[1/2] Joseph Percoco (L), former aid to New York Governor Andrew M. Cuomo, walks out of the Manhattan Federal Courthouse in New York, September 22, 2016. The court has limited prosecutors in a series of political corruption cases in recent years. In overturning Ciminelli's guilty verdict, the justices said that theory of fraud, known as "right to control," is "inconsistent with the structure and history of the federal fraud statutes." The Supreme Court, which has a conservative majority, increasingly has limited prosecutors in political corruption cases. Reporting by Luc Cohen in New York; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

☆ Did the Rock & Roll Hall of Fame (Gasp) Get It Right?
▼ + stars: | 2023-05-05 | by ( ) www.nytimes.com time to read: +2 min

Dear listeners,I don’t have much reverence for the Rock & Roll Hall of Fame — a shadowy and arbitrary institution founded by record executives and music industry influencers who have historically hewed to a pretty narrow definition of rock ’n’ roll. However, this year’s inductees, which were announced earlier this week, represent one of the strongest classes in recent memory. “Rock ’n’ roll is not an instrument; rock ’n’ roll is not even a style of music,” he said. “Rock ’n’ roll is a spirit. Rock ’n’ roll is not conforming to the people who came before you, but creating your own path in music and in life.”

☆ When Broadway Went Dark, Two Strangers Found Love
▼ + stars: | 2023-04-28 | by ( Valeriya Safronova | ) www.nytimes.com time to read: +1 min

Throughout it all, Ms. Bonnick and Mr. McDonnell leaned on each other. That summer “was one of the ways I knew and felt very confident that the relationship was built to last,” Mr. McDonnell said. For Mr. McDonnell, the month of July carries particular significance. On July 2, 2008, when he was 13, Mr. McDonnell almost drowned at Jones Beach. “Last July, I knew I wanted to be married to her and I didn’t want to wait much longer.”

☆ Factbox: What can Finland's armed forces and arsenal offer NATO?
▼ + stars: | 2023-04-04 | by ( Anne Kauranen | ) www.reuters.com time to read: +3 min

HELSINKI, April 4 (Reuters) - Finland joined NATO on Tuesday, bringing the Western defence alliance significant military capabilities developed over the years. Finland's ground, naval and air forces are all trained and equipped with one primary aim - to repel any Russian invasion. Its most important anti-aircraft system is the NATO-compatible Norwegian-American NASAMS 2. AIR FORCEThe Finnish Air Force has a fleet of 61 McDonnell Douglas F/A-18 Hornet fighter jets, which are being replaced by 64 Lockheed Martin F-35A Lightning II jets, the delivery of which will begin in 2026. In addition to the jet fleet, the Air Force has dozens of training aircraft and surveillance radars, including ones that have a range of almost 500 km (300 miles).

☆ Independent Group Stakes Out Position as Arbiter of Carbon-Offset Quality
▼ + stars: | 2023-03-30 | by ( Dieter Holger | ) www.wsj.com time to read: +5 min

Each carbon credit is supposed to equal one metric ton of carbon dioxide avoided or removed from the atmosphere. Credits that meet the ICVCM’s standards would receive a so-called Core Carbon Principles badge. Still, it remains to be seen how carbon crediting organizations adopt the ICVCM’s standards. PREVIEWThe ICVCM’s effort comes during a time when many companies are hesitant to buy voluntary carbon credits or have pulled back. Less than a quarter of 137 global companies surveyed in the fourth quarter of 2022 plan to use carbon credits, according to the World Economic Forum.

☆ Inside a shake-up at the world's 'most feared law firm'
▼ + stars: | 2023-03-30 | by ( Casey Sullivan | ) www.businessinsider.com time to read: +30 min

It's been a tumultuous period for Quinn and the storied law firm he built over the past 37 years — now the world's largest litigation firm with hourly rates that can be north of $2,000. But behind the scenes, a shift at QE has been the talk of elite law firm circles. Indeed, the firm – known as a singular, even freewheeling, institution that brands itself as the "#1 Most Feared Law Firm in the World" — may appear to be less in the image of its founder as a generational shift brings changes. "We all thought it was important that the world understands this is not a one generation law firm." One former firm partner in California says he believes Quinn's inner circle generally got better deals.

Airbus and Boeing have both highlighted the scale and technology of existing investments in India, playing down the significance of final passenger jet assembly. Boeing said it buys $1 billion a year in parts and services from India, while Airbus said it buys $700 million. "There's a desire in every country to have as much manufacturing as possible ... and final assembly is a desire that you see all around the world," Salil Gupte, president of Boeing India, told Reuters. "The volumes that you would require for final assembly on the commercial part of the business are just far, far greater," he said. "Even without the C295 FAL, the Airbus industrial footprint in India already generates more foreign exchange value and jobs for the country than any modern assembly activity would," said Remi Maillard, president of Airbus India & South Asia, by email.

☆ 'PayPal Mafia' member says Google and Meta intentionally overhired engineers to prevent them from working at other companies.
▼ + stars: | 2023-03-09 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

"PayPal Mafia" member says Google and Meta "do fake work." The companies over-hired thousands of employees to fulfill a "vanity metric," said investor Keith Rabois. He's part of the infamous PayPal cohort (pictured above — he's number nine) that went on to play influential roles at other major tech companies. Rabois estimates that Facebook parent company Meta and Google each have thousands of employees who don't do much. He even suspects that Google intentionally overhired engineers to prevent them from working at other companies.

☆ This man built a dream home out of two passenger airplanes that only costs $200 a month — see inside
▼ + stars: | 2023-03-08 | by ( Kiera Fields | ) www.businessinsider.com time to read: +1 min

Joe Axline bought land in a private airport in Texas and two retired jets to create his dream home. He renovated the 60-foot body of a McDonnell Douglas MD-80 jet into a three-bed home. The second plane, a McDonnell Douglas DC-9, has a refurbished 1970s cockpit. "I thought that was pretty awesome," Axline told Insider. Axline told Insider he had about $250,000 in savings he was willing to spend on what he dubbed "Project Freedom."

☆ British supermarkets confront their German discounting demons
▼ + stars: | 2023-02-22 | by ( James Davey | ) www.reuters.com time to read: +5 min

And the discounters' supermarket sweep still has a long way to run, industry executives say, with Aldi UK CEO Giles Hurley pledging Britain's lowest prices "no matter what". "Over the Christmas period alone shoppers switched 58 million pounds ($70 million)(of purchases) to Lidl from Tesco and Sainsbury's," Lidl GB CEO Ryan McDonnell told Reuters. Tesco and Sainsbury's are now matching Aldi prices on hundreds of key items and using customer loyalty schemes, while they have accepted a profit hit to keep prices down. Sector executives, speaking on condition of anonymity, said the further rise of Aldi and Lidl is inexorable. "Nobody's going to take Tesco out but at some point somebody might take Sainsbury's out," the sector veteran said.

After the retirement of Boeing Capital Corp (BCC) President Tim Myers this spring, Boeing said it would "realign" the financing arm within the commercial airplane unit while maintaining "strong coordination" with Boeing's treasury arm. Boeing Capital, a subsidiary of Boeing, provides asset-based financing and leasing to airlines. The closing of Boeing Capital continues a trend for Boeing to consolidate its operational structure and ends a significant chapter in the fast-expanding air finance industry. A Boeing spokesperson said the shift will provide airlines "with more consistent support" for arranging aircraft financing. Rob Martin, finance chief for the commercial airline business, and Boeing Treasurer David Whitehouse will be responsible for the transition, West said in the memo.

☆ Biden's semiconductor push has states jockeying for federal cash
▼ + stars: | 2023-01-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Shannon-Pettypiece-Circle-Byline-Template.Jpg | Shannon Pettypiece | ) www.nbcnews.com time to read: +10 min

The prospect of that much cash has sparked a scramble among states to pitch themselves as the best place to spark a semiconductor boom. In anticipation of the federal funds, semiconductor companies have already been making billions of dollars in commitments. President Joe Biden arrives for a ceremony at the groundbreaking of the new Intel semiconductor manufacturing facility near New Albany, Ohio, on Sept. 9, 2022. The Taiwan Semiconductor Manufacturing Co. facility under construction in Phoenix, on Dec. 6, 2022. But scaling up a U.S. semiconductor industry in a matter of years rather than decades is rife with challenges, said industry leaders.

☆ Many Companies Are Shying Away From Carbon Credits
▼ + stars: | 2023-01-17 | by ( Dieter Holger | ) www.wsj.com time to read: +5 min

Many companies are hesitant to buy carbon credits as the market faces criticism and coming standards remain unclear. Carbon credits are also expected to be discussed at this week’s World Economic Forum annual summit in Davos, Switzerland. As officials work to develop the market, sustainability chiefs must weigh the pros and cons of carbon credits in their climate plans. Carbon solutionsTo address concerns in the carbon market and scale up climate action, there is a movement toward better, widely accepted standards. The Integrity Council for the Voluntary Carbon Market ended its public comment period in September on the 10 so-called Core Carbon Principles it proposed in July.

☆ Lidl GB expects more customers to switch from rivals after bumper Christmas
▼ + stars: | 2023-01-09 | by ( James Davey | ) www.reuters.com time to read: +2 min

Lidl GB, part of Germany's Schwarz retail group, said on Monday over 1.3 million more customers shopped at its stores in the seven days to Christmas Eve. Also unlike their traditional rivals, Aldi and Lidl are still opening lots of new stores. Last week Aldi UK reported a 26% increase in December sales. However, investment to keep a lid on prices has held back profit at both Aldi and Lidl. Lidl GB highlighted strong sales of Christmas vegetables sold for 19 pence a pack, Christmas puddings, prosecco, mulled wine and cheese.

☆ These are 10 most popular fighter planes in service around the world
▼ + stars: | 2022-12-22 | by ( Miguel Ortiz | We Are The Mighty | ) www.businessinsider.com time to read: +9 min

Using data from Cirium, FlightGlobal published their 2023 World Air Forces directory detailing military aircraft fleets around the world, including the most popular fighter planes. These are the 10 most popular fighter planes in service around the world:Northrop F-5An F-5 Tiger II takes off at Naval Air Station Fallon in Nevada. Despite its age, the J-7 remains extremely popular with 444 in active service. 522 Typhoons are in active service, including with all of the original collaborating countries except France. 545 F-35s are in active service, with more on the way as existing orders are filled and additional orders are placed.

☆ How technology helps a research-intensive medical school secure grants and attract top scientists
▼ + stars: | 2022-12-22 | by ( Sponsor Post | Created Ibm With Insider Studios | ) www.businessinsider.com time to read: +4 min

Meeting researchers' demanding data storage requirementsEinstein partners with IBM to help meet the NIH standards and manage these huge data sets. "A leading-edge infrastructure helps us attract top research talent," said Shailesh Shenov, assistant dean for Einstein Information Technology. IBM Spectrum Scale software features an auto-tiering feature that moves less frequently used data to IBM Tape, which only powers up when it is accessed. Furthermore, the tiering contributes to our sustainability initiatives because tape storage only consumes power during reads or writes." Because it deals with highly regulated healthcare data, Einstein added IBM Data Guardium Protection to automate compliance auditing and reporting and monitor user activity.

Special counsel Jack Smith has subpoenaed local officials in key presidential swing states for any and all communications involving former President Donald Trump, his campaign and a series of aides and allies who assisted in his effort to overturn the 2020 election. A spokesperson for Milwaukee County Clerk George Christenson confirmed that Smith’s office had sent a subpoena. Scott McDonnell, the Dane County clerk, confirmed to NBC News that his county had received a virtually identical subpoena as Milwaukee. An Arizona elections official confirmed that Maricopa County had received such a subpoena this month with similar demands for those communications. "Maricopa County has received a subpoena and will comply," Fields Moseley, a county spokesperson, said.

WASHINGTON — The Supreme Court on Monday questioned whether an ex-aide to former New York Gov. Andrew Cuomo was lawfully convicted on a bribery charge as it considered narrowing the scope of a federal law aimed at curbing public corruption. Percoco says that because he was not working for the government at the time, he had no duty to provide honest services. The court on Monday is also hearing a second case arising from the same New York corruption investigation. Several others targeted in the investigation, including Aiello, have their own appeals pending at the Supreme Court.

[1/2] The U.S. Supreme Court building is seen in Washington, U.S., June 26, 2022. The Supreme Court in recent years has limited the latitude of prosecutors in political corruption cases. The charges against Percoco and Ciminelli were brought in 2016 by former Manhattan U.S. Attorney Preet Bharara, who also pursued corruption cases against top state lawmakers including former Assembly Speaker Sheldon Silver. They also have asked the Supreme Court to reverse their convictions. A trial judge in July allowed him to be released from prison on bail after the Supreme Court agreed to hear the case.

The Supreme Court in recent years has hemmed in prosecutors in political corruption cases including a 2020 decision to toss the convictions of two aides to Republican former New Jersey Governor Chris Christie relating to the "Bridgegate" political scandal. The charges against Percoco and Ciminelli were brought in 2016 by then-Manhattan U.S. Attorney Preet Bharara, who also pursued corruption cases against top state lawmakers including former Assembly Speaker Sheldon Silver. They also have asked the Supreme Court to reverse their convictions. A judge in July allowed all four to be released from prison on bail after the Supreme Court agreed to hear the case. Ciminelli's lawyers said such intangible information could not qualify as a "property fraud" under Supreme Court's precedents.

☆ Fact Check-Viral clip shows an election inspector writing their initials on ballots as required by Wisconsin state law, not a poll worker in Pennsylvania ‘rigging’ ballots
▼ + stars: | 2022-11-09 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

A video that shows an election inspector in Madison, Wisconsin writing their initials on ballots as required by state law has been miscaptioned by social media users. They falsely claim it shows an election worker in the hotly contested swing state of Pennsylvania “rigging” ballots for the U.S. midterm elections. Poll worker marking ballots” (here). The poll worker at the ballot table adds the second set of initials to the ballot just before handing the ballot to the voter. The clip shared on social media shows a poll worker initialing ballots as part of routine inspector duties required by Wisconsin state law and is not evidence of “rigging” ballots.

In the aftermath of the 2020 election, local election officials became frequent targets of supporters of former President Donald Trump who supported his false claims of election fraud. Election officials also said that the courts could inject chaos into the process if results are contested for weeks following the vote. Droves of election workers throughout Georgia quit their positions following the 2020 election. And in Pennsylvania, nearly 50 top election officials have left their post within the past two years. “Election workers and election officials leave or stop coming in, more errors can occur as a result, which in turn can fuel disinformation,” he said.

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