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☆ Kayne West's sampling of icons like Donna Summer and Ozzy Osbourne is a 'clear-cut' case of copyright infringement, legal experts say
▼ + stars: | 2024-02-18 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Though Ozzy Osbourne left Black Sabbath in 1979, his wife, Sharon Osbourne, told Billboard any songs the band wrote — Osbourne, Tony Iommi, Geezer Butler, and Bill Ward — require the approval of all four members to license. Regardless of the social media feud, legal experts say if true, the unauthorized use of the samples would be a “clear-cut” case of copyright infringement. He didn't dispute it,” entertainment attorney Donald M. Woodard of Carter and Woodard told Business Insider. AdvertisementOsbourne's recent objection to West's sample would be considered a new copyright claim, as the license for use does not permit West to sample the song in perpetuity. In 2022, Chicago artist Marshall Jefferson accused the rapper of using his song “Move Your Body” in the West song “Flowers” without permission.

Persons: —, Ty Dolla, West —, Ye —, Ozzy Osbourne, Donna Summer, West …, Donna Summer's, …, Osbourne, West swiped, Ye, Kanye, Hitler West, he'd, Instagram, Alex Jones, Hitler, Sharon Osbourne, — Osbourne, Tony Iommi, Geezer Butler, Bill Ward —, Rolling Stone, FUGA, Tyrone William Griffin Jr, — hasn't, Sharon, Bianca Censori —, Ozzy, who's, I've, Donald M, Woodard of Carter, Woodard, West, ” Woodard, “, Robert Freund, Freund, Marshall Jefferson, Griffin Organizations: Service, ign, Business, Billboard, West, iTunes, Apple Music, FUGA, Spotify, Amazon Music, Daily Mail, Kanye Locations: Chicago

DOHA, Qatar (AP) — Siobhán Haughey of Hong Kong captured her first long-course world title, winning the women's 200-meter freestyle Wednesday at the World Aquatics Championships. Haughey, a three-time champion at the short-course worlds, finally touched first in the big pool after years of close calls. She was the Olympic silver medalist in both the 100 and 200 free at the Tokyo Games, in addition to a runner-up finish in the 100 free at last summer's world championships in Fukuoka. Also, Haughey finished fourth in the 200 free — just off the podium — at both the 2019 and 2023 worlds. “I really wanted to win this one,” said Wiffen, the short-course world record holder in the 800 free.

Persons: — Siobhán Haughey, Hong, Haughey, “, Ireland’s Daniel Wiffen, ”, Wiffen, Mollie O'Callaghan, Ariarne Titmus, Zealand's Erika Fairweather, Brianna Throssell, Elijah Winnington of, Italy's Gregorio Paltrinieri —, Iffland, Molly Carlson, Jessica Macauley, Kaylea Arnett, France's Gary Hunt, ___ Organizations: Tokyo Games, Paris Olympics, Doha, Australia, Doha Old Locations: DOHA, Qatar, Hong Kong, Fukuoka, “ Paris, Paris, Elijah Winnington of Australia, Doha, Doha Old Port, Canada

☆ Trump says a Taylor Swift endorsement of Biden would be disloyal because he 'made her so much money'
▼ + stars: | 2024-02-11 | by ( Katie Balevic | Lauren Edmonds | ) www.businessinsider.com time to read: +2 min

Read previewFormer President Donald Trump took aim at Taylor Swift on Super Bowl Sunday in an apparent attempt to bolster his odds of regaining the presidency in November. They've accused her of being a Pentagon asset and part of a complex scheme to endorse Biden during the halftime of the Super Bowl, which they say is rigged. The former president took to his social media platform, Truth Social, on Sunday to say it would be a betrayal for Swift to endorse Biden. Advertisement"I signed and was responsible for the Music Modernization Act for Taylor Swift and all other Musical Artists. A spokesperson for Swift did not immediately respond to a request for comment from Business Insider on Sunday.

Persons: —, Donald Trump, Taylor Swift, Swift, They've, Biden, Trump, Joe Biden didn't, Taylor, Crooked Joe Biden, Swift's, Young Biden Organizations: Service, Super, Sunday, Republicans, Pentagon, Business, Biden, Trump

☆ Zelenskyy replaces Ukraine’s top general in shake-up of military leadership
▼ + stars: | 2024-02-08 | by ( Yuliya Talmazan | ) www.cnbc.com time to read: +4 min

He added that he had appointed Col. Gen. Oleksandr Syrskyi, the commander of Ukraine's ground forces, to lead the army. Ukrainian President Volodymyr Zelenskyy said Thursday that he had replaced his top general, a dramatic shake-up of the country's military at a crucial moment in its war against Russia . A popular figure who came to embody Ukraine's fighting spirit, Zaluzhnyi is widely respected both at home and abroad. Zelenskyy appeared to have been caught off guard by Zaluzhnyi's comments and denied that the war was, in fact, at a stalemate. A career soldier, Zaluzhnyi, 50, and Zelenskyy have emerged as the top leaders in wartime Ukraine.

Persons: Zaluzhnyi, he'd, Gen, Oleksandr Syrskyi, Zelenskyy, Zaluzhny, Valeriy Zaluzhnyi, Kyiv's, Volodymyr Zelenskyy, Ukrainian Armed Forces Valerii, quagmire, Zaluzhnyi's Organizations: Armed Forces, Russia, Ukraine's, Ukrainian Armed Forces, Kyiv International Institute of Sociology Locations: Ukraine, Kyiv, Ukrainian, Dnipro, United States, Russia, West

DOHA, Qatar (AP) — Twins Wang Liuyi and Wang Qianyi teamed up to capture another gold medal for China in artistic swimming at the World Aquatics Championships on Monday. The 27-year-old sisters won the women's duet technical routine with a score of 266.0484 points. The country's only other medal in artistic swimming was Shortman's solo free bronze at last summer's championships in Fukuoka. Photos You Should See View All 45 ImagesThe Wangs were back on top in duet technical after a disappointing fourth-place showing at Fukuoka. Artistic swimming is split into 11 medal-winning opportunities at the world championships.

Persons: Wang Liuyi, Wang Qianyi, Kate Shortman, Isabelle Thorpe, Spain's Alisa Ozhogina Ozhogin, Iris Tio Casa, Italy's Linda Cerruti, Lucrezia Ruggiero, ___ Organizations: —, China Locations: DOHA, Qatar, Doha, Fukuoka, Budapest, Japan

☆ A remote Irish island is looking for 2 people to run its guesthouses this summer — but the managers say it isn't an easy holiday job
▼ + stars: | 2024-01-17 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +5 min

Billy O'Connor and Alice Hayes told Business Insider that their company, The Great Blasket Island Experience, is hiring two caretakers to run their operations on Great Blasket Island from April 1 to October 1. The couple's company offers tours and accommodation on the Great Blasket Island. The Great Blasket Island is the largest. the couple told BI. Great Blasket Island can only be accessed during the summer.

Persons: —, Billy O'Connor, Alice Hayes, Emily Campbell, Daniel Regan, O'Connor, Hayes Organizations: Service, Business, The Irish Times, BI, Irish Times, Irish Locations: Ireland, Blasket, Canadian

☆ A 16-year-old tennis prodigy earned $167K and the biggest win of her career, then complained about schoolwork
▼ + stars: | 2024-01-17 | by ( Meredith Cash | ) www.businessinsider.com time to read: +3 min

6 Ons Jabeur early in the 2024 Australian Open. After the second-round win, Andreeva lamented the fact that she still has schoolwork to complete. 6 Ons Jabeur Tuesday in the second round of the 2024 Australian Open women's singles tournament, notching the biggest victory of her young career in convincing fashion. Mirra Andreeva reacts to beating Ons Jabeur at the 2024 Australian Open. 47 — not much has changed for Andreeva in the seven months between Roland-Garros 2023 and this year's Australian Open.

Persons: Andreeva, —, Mirra Andreeva, Melbourne's Rod Laver, Tracey Nearmy, — Andreeva, Mirra, Garros, SEBASTIEN BERDA, France's Diane Parry Organizations: Service, Melbourne's, REUTERS, Andreeva, Roland, Getty, Wimbledon Locations: AFP

☆ Was the NFL's first streaming playoff game a success? We still don't know.
▼ + stars: | 2024-01-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Read previewMost people who wanted to watch the Dolphins-Chiefs playoff game this past weekend had to do so by paying for Peacock, NBCUniversal's streaming service. On Sunday, NBC said the streaming game was a success: Depending on how they measured it, the network said the game averaged an audience of 23 million to 26 million viewers. But we won't really know if the game was a success for NBC until it announces the most important metric: How many people paid for Peacock so they could watch the game? Before Saturday's game, NBCUniversal's parent company, Comcast, had said Peacock had 30 million paid subscribers. But that number will almost certainly determine whether NBC or any other service pays up for a streaming-only playoff game next year.

Persons: —, Peacock, Taylor Swift, Travis Kelce —, NBC hasn't Organizations: Service, Dolphins, Chiefs, NFL, Business, NBC, Travis Kelce — NBC, Comcast Locations: Miami, Kansas City, Paris

☆ S&P 500 rallies to key 4,600 level and nears all-time high. What chartists say happens next
▼ + stars: | 2023-12-05 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Investors are watching the S & P 500 after it rallied back toward the key 4,600 level to see if it can break out to new all-time highs. A record high in the S & P 500 looks promising after the broader index on Friday closed at 4,594.63, or its best level since March 2022. In July, the last time the S & P 500 tested the threshold, the rally was led by mega-cap tech stocks. On Monday, the market rally took a breather; the S & P 500 ended the session lower by 0.5%, and it stood about 5% below its record. In fact, one market technician on Monday said the S & P 500 could plunge back to its bear market lows in 2024.

Persons: Stocks, Wolfe, Rob Ginsberg, Ginsberg, BTIG's Jonathan Krinsky, you've, JPMorgan's, Jason Hunter, Hunter, CNBC's, Adam Turnquist, he's, Oppenheimer's Ari Wald, Wald, JC O'Hara, Roth MKM, Lululemon, O'Hara, — CNBC's Michael Bloom, Chris Hayes Organizations: Broadcom Locations: oversold

But industry experts say governments need to offer incentives for companies to bring sustainable AC technologies to market and scale up. Removing humidity requires cooling air to the point at which water vapour becomes a liquid to be drained. This inability to get rid of humidity without first cooling the air makes conventional ACs less efficient. The company's AC prototype uses these materials to dry out air, aiming to produce fewer emissions than traditional ACs. More than 1 billion people living in warm climates still lack access to cooling, according to nonprofit Sustainable Energy for All.

Persons: Pedro Rodriguez, Susana Vera, We've, Lily Riahi, Riahi, Sorin Grama, Grama, Gree, Daikin, Miki Yamanaka, Larissa Gross, UNEP's Riahi, Baolong Wang, Wang, Xavier Moya, Gloria Dickie, Katy Daigle, Simon Jessop, Josie Kao Organizations: Puerta del, REUTERS, Rights, International Energy Agency, United Nations Environment Programme's, Cool Coalition, Massachusetts Institute of Technology, Daikin's Global Environment Center, Sustainable Energy, Tsinghua University, University of Cambridge, Reuters, Thomson Locations: Puerta del Sol, Madrid, Spain, Seville, Europe, Spanish, Beijing, Indonesia, Britain, U.S

☆ China's policy support is a 'stop-gap' measure — not stimulus, SocGen economist says
▼ + stars: | 2023-12-05 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

Close up of Chinese Yuan notes, with Mao Tse-tung Peter Dazeley | The Image Bank | Getty ImagesChina's recent policy support is aimed at fixing its system and shouldn't be seen as economic stimulus, according to Societe Generale's Asia chief economist and head of research. PMI divergenceExpansion in China's services sector climbed to its strongest since August, a private survey on Tuesday showed. However, the private survey diverged from China's official PMI. The moderating manufacturing PMI and contracting services PMI, along with other November data point to the fragility of the Chinese economy and a faster deceleration of growth momentum last month, they added. The official PMI includes more companies engaged in heavy industries compared with the Caixin PMI, which covers more consumer-focused firms, Barclays economists said.

Persons: Yuan, Mao Tse, Peter Dazeley, Wei Yao, Yao, Jian Chang Organizations: Bank, Getty, Societe Generale's, CNBC, Economic Work Conference, China Communist, PMI, National Bureau of Statistics, NBS, Barclays Locations: Societe Generale's Asia, China

GREENSBORO, N.C. (AP) — For the first time in 11 years, Katie Ledecky has lost a 400-meter freestyle race in an American pool. Canadian teenager Summer McIntosh took the title at the U.S. Open championships in Greensboro, North Carolina, on Thursday, beating Ledecky by nearly 3 seconds. McIntosh took the title in a meet record of 3 minutes, 59.42 seconds, while Ledecky touched next in 4:02.38. Ledecky’s last loss in the 400 free in her home country was at the 2012 U.S. Olympic trials, when she placed third at age 15. Ledecky took gold in the event at the 2016 Rio de Janeiro Games.

Persons: Katie Ledecky, Summer McIntosh, McIntosh, Ledecky, Ledecky’s, Australia's Ariarne, ___ Organizations: U.S, Olympic, Janeiro Games Locations: GREENSBORO, N.C, Greensboro , North Carolina, Ledecky, Fukuoka, Japan

☆ Americans ditched big cities during the pandemic. Now many are regretting it.
▼ + stars: | 2023-11-27 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

Susan, a 30-something artist, lived in New York City when the pandemic struck. The pair had talked about moving to a smaller town someday — the pandemic just shortened their timeline. As rent prices in big cities shot up and jobs went remote, cash-strapped people were quick to take advantage of an unprecedented situation and try someplace new. It was also a favor to her husband, who never felt at peace in the bustle of the big city. A few months ago, she and her husband found a renter for their house and returned to the city.

Persons: Susan, Eager, Riordan Frost, Millennials, Frost, Alex Gatien, he's, Gatien, Alexander von Hoffman, von Hoffman, Sandro Galea, Galea, Kelli María Korducki Organizations: Harvard's, for Housing Studies, National Association of Realtors, New, Boston University School of Public, Boston University School of Public Health Locations: New York City, McMansions, Toronto, St, Lawrence, Canada, New York

☆ LVMH heir Antoine Arnault in spotlight after management shuffle
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Antoine Arnault, 46, is also in charge of image and environment at LVMH, and credited with negotiating a high-profile deal for the company to sponsor next summer's Paris Olympic Games. He will remain chairman of Berluti, which he has managed since 2012, as well as another LVMH fashion brand Loro Piana. Jean-Marc Mansvelt, CEO of historic jewellery label Chaumet, will become CEO of Berluti, while Charles Leung, CEO of jewellery label Fred, will become CEO of Chaumet. The group will seek a successor for Leung, who recently created buzz by introducing high-end jewellery featuring lab-created diamonds. Reporting by Mimosa Spencer; editing by Jason Neely and Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.

Persons: Antoine Arnault, Du, Bernard Arnault, Berluti, Maison, Toni Belloni, Jean, Marc Mansvelt, Charles Leung, Leung, Bernard Arnault's, Delphine Arnault, Dior, Mimosa Spencer, Jason Neely, Jane Merriman Organizations: LVMH, Olympic, Thomson Locations: Paris, PARIS, LVMH

☆ Sailors have created a shared heavy metal playlist on Spotify to blast at orcas threatening their boats
▼ + stars: | 2023-11-15 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Sailors have been sharing a heavy metal Spotify playlist they made to deter orca attacks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSome sailors are beginning to take their ongoing battle against marauding orcas up a notch: blasting heavy metal music to try to scare away the marine mammals. Rutsch heard through the grapevine that blaring heavy metal music from underwater speakers might deter the apex predators — and the idea even came with a shared Spotify playlist, called 'Metal for Orcas,' specially curated by other sailors, The New York Times reported. Even if orcas did initially hate heavy metal, with their uncanny ability to communicate and adapt, they may have already gotten used to the rockin' tunes.

Persons: —, Florian Rutsch, Rutsch, White, orcas Organizations: Service, New York Times, Times Locations: Portugal, German, Spain, Gibraltar

Key to the agreement signed Thursday is a massively controversial amnesty that could benefit Puigdemont and thousands of other secessionists. Puigdemont is one of several Catalan leaders who fled justice after an illegal independence referendum was held in 2017. 1 for many Spaniards, and Catalan independence a politically toxic issue, some wonder why Sánchez, who has long opposed any amnesty, is now pushing for it. Those include the two pro-secession Catalan parties who led the unsuccessful 2017 breakaway attempt. A LEGAL QUAGMIREAny amnesty approved by Spain's Parliament is likely to be contested by the opposition parties and several courts in Spain.

Persons: — Spain's, Pedro Sánchez ’, Carles Puigdemont, Sumar —, Sánchez, Junts, QUAGMIRE, Didier Reynders, Spain’s, ___ Wilson Organizations: MADRID, Socialist, WHO, AMNESTY, Sánchez's Socialists, Forces, Popular Party, Vox, Police, Socialists, Junts, Basque Country, Court, European Union Locations: Catalunya, Catalonia, Spain, Spain's, Puigdemont, CATALONIA, Barcelona, Madrid, Basque, Navarra, Belgium

☆ The end of the Hollywood strikes gives Disney's turnaround a clearer path
▼ + stars: | 2023-11-09 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

The end of the Hollywood actors' strike takes a risk off the table for Disney (DIS) — just as CEO Bob Iger's turnaround plan for the entertainment giant is starting to show real progress. Prior to the announcement, Disney CEO Bob Iger told CNBC that the strike's impact on the business had so far been "negligible." DIS YTD mountain DIS stock performance year-to-date. With Disney's strong quarterly cash flow and healthy balance sheet, Jim said he expects a stock buyback as soon as next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Bob Iger's, Bob Iger, Jim Cramer, Jim, Cramer, Disney, Morgan Stanley, Jim said, Jim Cramer's, Mickey, Minnie, Ian Langsdon Organizations: Hollywood, Disney, SAG, CNBC, Investors, Iger, Management, ESPN, Paris, Afp, Getty Locations: Marne, Paris

☆ Hollywood actors' strike is set to end Thursday after SAG-AFTRA reached a tentative agreement with major studios
▼ + stars: | 2023-11-09 | by ( Alison Brower | Reed Alexander | ) www.businessinsider.com time to read: +5 min

SAG-AFTRA has reached a tentative agreement to end its strike against the Hollywood studios. The strike lasted 118 days, and, along with the Hollywood writers' strike, halted most film and TV production. AdvertisementAdvertisementThe actors' union, SAG-AFTRA, announced Wednesday evening that it had secured a tentative deal with Hollywood studios to end a strike of nearly four months, a spokesperson for the guild confirmed to Insider. The guild's national board will review the tentative deal on Friday, November 10, after which the union said "further details" would be released. While 2023 has seen some box office highs, most notably the summer's Barbenheimer phenomenon, movie theaters, and Hollywood studios are still struggling to recover from the pandemic drop in theatergoing.

Persons: AFTRA, —, Netflix —, Bob Iger, Donna Langley, Ted Sarandos, David Zaslav, Debra Messing, Pedro Pascal — Organizations: Hollywood, Service, SAG, Alliance, Television Producers, Writers Guild of America, Warner Bros, Disney, Netflix, Discovery, WGA, Apple, Paramount, Sony, Writers Locations: California, Hollywood, —

☆ Adidas and Puma eye chances in soccer's fashion moment
▼ + stars: | 2023-11-01 | by ( Helen Reid | Thomson Reuters | London-Based Reporter Covering The European Retail Sector Through A Global Lens. Focusing On Companies Including Adidas | ) www.reuters.com time to read: +5 min

One Premiership team has hired a creative director to expand its apparel offering, while Adidas in September launched an "exclusively off-pitch" apparel collection for some of the big-name teams it sponsors. "The love-in between football and fashion is only just beginning," said Richard Busby, CEO at sponsorship consultancy BDS Sponsorship. In August, Crystal Palace hired Kenny Annan-Jonathan as creative director focused on apparel. "We are experiencing hype around football jerseys and general designs influenced by football culture across streetwear and fashion," said Puma's global creative director Heiko Desens. "There's a risk of tension with existing fans whenever you start moving beyond the core culture," said Athens Kallithea's president and creative director, Ted Philipakos.

Persons: Asanka Brendon Ratnayake, Kim Kardashian, Richard Busby, Mary Earps, Busby, Kardashian, Germain, Mia Regan, Kenny Annan, Jonathan, GlobalData, Heiko Desens, Puma, popstar, cleats, Pele, Rihanna, Graham Renwick, Prada, Ted Philipakos, Philipakos, Helen Reid, Catherine Evans Organizations: Soccer Football, FIFA, England, Soccer, LONDON, Adidas, Puma, Nike, Greek, Athens Kallithea, Paris Saint, Arsenal, Crystal Palace, Premier League club, FOOTBALL, Bayern Munich, Juventus, Manchester United, Real, Liverpool, Newcastle United, Italy's Venezia FC, Athens Kallithea's, Premier League, Bundesliga, Thomson Locations: New Zealand, Spain, Australia, Sydney, Brazilian, Real Madrid, Italian, Athens

☆ Fed buzz: words to watch for as the Fed sets rates
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +5 min

Here are a few words and phrases to watch for in the Fed's post-meeting statement on Wednesday and in Fed Chair Jerome Powell's news conference, and what they might suggest for the future path of interest rates. Any change to that phrase could signal Fed policymakers feel they are closer than before to reaching a sufficiently restrictive stance of monetary policy. Reuters GraphicsPROCEED CAREFULLYIn his news conference following the Fed's September decision to hold the policy rate steady, Powell said the Fed would proceed or move "carefully" 11 separate times. The adverb is meant to convey a central bank no longer barreling ahead with ever-tighter policy, as it did last year when it drove the policy rate up in chunks of as much as 75-basis-points at a time. A few of Powell's colleagues have said those risks have recently become roughly balanced; Powell has not.

Persons: Jerome Powell, Brendan McDermid, Jerome, Powell, Ann Saphir, Andrea Ricci Organizations: Economic, of New, REUTERS, Federal Reserve, Reuters Graphics, Powell, Reuters, Thomson Locations: of New York, New York City, U.S

☆ Newcastle's Tonali banned for 10 months for betting offences
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

ROME, Oct 26 (Reuters) - Newcastle United midfielder Sandro Tonali has been banned from soccer for 10 months over breaches of rules on betting on matches in Italy, the head of the Italian Football Federation (FIGC) said on Thursday. It will rule Tonali out for the remainder of the club season and next summer's Euro 2024 tournament should Italy qualify. Tonali, 23, is the highest profile player caught up in a betting scandal that is shaking Italian soccer. Legal and sporting authorities have been investigating the use of illegal betting platforms by soccer players in Italy. Aston Villa's Italy midfielder Nicolo Zaniolo is also assisting authorities in their investigation into alleged illegal betting activity, the Premier League club said last week.

Persons: Sandro Tonali, Tonali, Gabriele Gravina, Nicolo Fagioli, FIGC's Gravina, Nicolo Zaniolo, Elvira Pollina, Keith Weir, Alvise Armellini Organizations: Newcastle United, Italian Football Federation, Newcastle, Milan, AC Milan, Champions League, Borussia Dortmund, Juventus, Aston, Premier League, Thomson Locations: Italy, Italian, Newcastle, Turin

☆ Why China's 1 trillion yuan debt plan isn't necessarily such a big deal
▼ + stars: | 2023-10-25 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Kim Kyung-Hoon | ReutersBEIJING — Chinese authorities late Tuesday announced one of the biggest changes to the national budget in years, along with the issuance of 1 trillion yuan in ($137 billion) in government bonds. Chinese state media said the 1 trillion yuan in central government issuance is set to be transferred to local governments in two parts, half for this year and half for next year. "It is roughly around 5% of transfer revenues or 2% of total revenues for the local governments," Yin said. "Note a special program has already been started since October, allowing local governments to issue special refinancing bonds to swap their outstanding hidden debt. Goldman Sachs analysts estimated the early issuance could be as much as 2.7 trillion yuan, based on prior government practice.

Persons: Kim Kyung, Hoon, Larry Hu, it's, Ting Lu, Yin, Nomura's Lu, Ricky Tsang, they're, Tsang, —, Goldman Sachs, Macquarie's Hu, It's Organizations: Reuters, Macquarie, Monetary Fund, People's Bank of Locations: Beijing, Reuters BEIJING, China, Hong Kong, People's Bank of China

☆ Spirit Airlines just canceled almost 200 flights. Customers will be impacted for 'several days' as it scrambles to finish safety inspections.
▼ + stars: | 2023-10-21 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +2 min

Spirit Airlines canceled 185 flights on Friday and Saturday. AdvertisementAdvertisementIf you're flying on a budget this month, prepare for delays: Spirit Airlines canceled almost 200 flights on Friday and Saturday. AdvertisementAdvertisementA spokesperson for Spirit Airlines did not elaborate on the reason for the inspections when asked by Insider. This is not the first time in recent months Spirit Airlines customers have seen major disruptions. The current delays are unrelated to this summer's engine issues, a spokesperson for Spirit Airlines told Insider.

Persons: — Organizations: Spirit Airlines, Service, Federal Aviation Administration, CNN, CNBC

France, where Ryanair serves cities such as Marseille and Bordeaux, has floated proposals for a minimum ticket price in an effort to reduce pollution from aviation. The French price proposal, which EU officials said has drawn some support from the Netherlands and Belgium, got short shrift from senior Ryanair executive Eddie Wilson. Having established a strong position in large parts of Western Europe, Ryanair is now looking east to countries such as Poland for further growth. Europe's main airlines lobby group expressed relief and called on more European coordination to support the sector. Lufthansa CEO Carsten Spohr has said a stronger ITA will reinvigorate competition in the Italian market but Ryanair's Wilson is unperturbed, describing ITA as a sideshow.

Persons: Eddie Wilson, Wilson, Andrea Giuricin, Giorgia, Giuseppe Cocuzza, Ourania Georgoutsakou, Carsten Spohr, Ryanair's Wilson, Rome Fiumicino, Sacbo, Angelo Amante, Keith Weir, Joanna Plucinska, Emelia Sithole Organizations: Ryanair, Europe's, European Union, Ryanair DAC, Alitalia, TRA Consulting, European Commission, Airlines for, ITA, Lufthansa, Cortina d'Ampezzo, Thomson Locations: Italy, ROME, France, Marseille, Bordeaux, Sicily, Sardinia, Netherlands, Belgium, Europe, Western Europe, Poland, Rome, Catania, Airlines for Europe, Bergamo, Milan, Malpensa, Brescia, London

1 pick in the AP Top 25 preseason men's basketball poll released Monday, earning 46 of 63 first-place votes to easily outdistance No. 2 in Jon Scheyer's second season, and Purdue got three first-place nods as they try to avenge a stunning end to last season. Defending national champion UConn was sixth with two first-place votes after losing standouts Adam Sanogo and Jordan Hawkins. Also on the outside were Xavier and Kansas State, both of whom were in the top 15 entering last year's NCAA Tournament. 2 Duke will play fourth-ranked Michigan State and top-ranked Kansas will face No.

Persons: Bill Self, Duke, It's, ”, Kevin McCullar Jr, DaJuan Harris Jr, KJ Adams, Elmarko Jackson, Hunter Dickinson, Kevin, ” Duke, Jon Scheyer's, Zach Edey, Fairleigh Dickinson, “, Matt Painter, Shaka Smart, Tyler Kolek, standouts Adam Sanogo, Jordan Hawkins, Dusty May, ” Gonzaga, Saint Organizations: Jayhawks, Purdue, Kansas, Texas, Big, NCAA, Boilermakers, Fairleigh, ” Purdue, Michigan State, Golden Eagles, Warriors, UConn, Huskies, Houston, Owls, Conference USA, American Athletic Conference, Kentucky, San Diego State, Baylor, CONFERENCE, SEC, Big East, Creighton, The ACC, UCLA, Bruins, Kansas State, AP Locations: Kansas, Lawrence, Arkansas, McCullar, Michigan, Caribbean, Marquette, Creighton , Tennessee, Florida, Arizona, Miami , Arkansas, Texas, North Carolina, Southern California, Villanova, Saint Mary's , Alabama, Illinois, Tennessee, Wisconsin, Colorado, Xavier, Chicago, Kentucky

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