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There are 18 captive orcas in the US. Captive orcas can also show signs of chronic stress. Captive orcas can suffer a number of health problems including severe tooth damage. The history of releasing captive orcas in the USOnly one captive orca in the US has ever been released back into the ocean — Keiko, the orca who starred in the 1993 film "Free Willy." Captive orcas can't thrive in small tanks but may not thrive in the wild, either.
Persons: Naomi Rose, Rose, Marcos del Mazo, Monika Wieland Shields, Tilikum, Shields, aren't, Chris Dold, Dold, Keiko, Willy, Colin Davey, Keiko wasn't, Mark Palmer, Palmer, Little Grey, White, Aaron Chown, Lori Marino, Marino, Paul Harris, we've, Serge MELESAN, orcas Organizations: SeaWorld, Animal, Service, Animal Welfare Institute, Orca Behavior, Magnolia Pictures, Miami Seaquarium, Miami Herald, Tribune, Getty, Mammal, PETA Locations: SeaWorld, SeaWorld Orlando, Florida, Mexico City, Oregon, Iceland, Norway, Washington, Caribbean, Nova Scotia
(AP) — Investor Charlie Munger, who's been Warren Buffett's right-hand man for more than five decades, has made a $40 million gift to a California museum that he's supported in the past. Munger gave 77 Class A Berkshire Hathaway shares to the Henry E. Huntington Library and Art Museum in San Marino, California, according to a filing with the Securities and Exchange Commission. A decade ago, he gave the Huntington museum nearly $33 million worth of Berkshire stock to help pay for a new education and visitors center. Political Cartoons View All 1202 ImagesAfter his latest donation, Munger still holds 4,033 Class A Berkshire shares. Although Berkshire is based in Omaha, Nebraska, where Buffett lives, Munger has long lived in southern California, so much of his charitable giving has been focused on the West Coast.
Persons: Charlie Munger, who's, Warren Buffett's, he's, Munger, Henry E, Susan Turner, Lowe, Turner, Munger's, Buffett's, he'd, he'll, Buffett Organizations: Berkshire Hathaway, Huntington Library, Art Museum, Securities and Exchange Commission, Huntington, Berkshire, Buffett, BNSF Locations: OMAHA, Neb, California, San Marino , California, Huntington, Berkshire, Los Angeles, Omaha , Nebraska, West Coast
CNN —At a time when registered nurses are going on strike to protest staffing shortages, thousands of applicants who want to enter or advance in the profession are being turned away from nursing schools. Nearly 78,200 qualified applications were not offered spots at nursing schools last year, according to the American Association of Colleges of Nursing, which represents schools with baccalaureate and advanced degree programs. Staffing shortages are the main reason why nursing schools are not able to accept more students who want to become registered nurses. Staffing shortages are also a major factor in the current strike by more than 75,000 unionized employees, including registered nurses, at Kaiser Permanente. The national median salary for nursing school professors with master’s degrees is just under $89,000, according to the nursing college association.
Persons: preceptors, Preceptors, , Judith Jarosinski, Rick Garcia, David Auerbach, Cynthia McCurren, McCurren, Jarosinski, ” McCurren, Marie Ann Marino, Thomas, , Marino, ” Marino Organizations: CNN, American Association of Colleges of Nursing, Salisbury University’s School of Nursing, Community, Organization, Nursing, Brandeis University, Kaiser Permanente, Bureau of Labor Statistics, School of Nursing, University of Michigan, Nurse.com, Thomas Jefferson University College of Nursing, Thomas Jefferson University, US Department of Health, Human Services, Loan, Salisbury School of Nursing, Faculty Academy, Maryland Higher Education Commission, Jefferson College of Nursing, Jefferson Health, Jefferson Locations: Salisbury, Maryland, Kaiser, Flint, Philadelphia
But oddly enough, the killer whales don't eat the animals. Orcas are killing porpoises but not eating themFrom 1962 to 2020, researchers recorded and studied 78 episodes of Southern Resident Killer Whales harassing and, in many cases, killing multiple types of porpoises. They lead the majority of their lives in a group setting, in pods of up to 20 other killer whales, according to the US National Oceanic and Atmospheric Administration. The orcas' choice not to eat the porpoises was consistent with what Marino had seen in her years in the field. And sometimes they show them how to do it and then they don't actually eat the animal," she said.
Persons: , Eric Lowenbach, Lori Marino, Martin Ruegner, Marino, We've, orcas, Serge Melesean, Deborah Giles, Giles Organizations: Service, Southern, Mammal, British Columbia, Oceanic, Atmospheric Administration, Newsweek Locations: Pacific, North Pacific, Washington , Oregon, British, Mayotte, France
Tershawn Wharton recovered the loose ball and Mahomes and the Chiefs got it at the Jets 47. Michael Carter II intercepted Mahomes on third-and-20 from the Jets 40 — but it was negated by a holding call on Sauce Gardner. Mahomes, who became the fastest to 200 NFL touchdown passes, was 18 of 30 for 203 yards and a touchdown. Wilson found Allen Lazard in the middle of the end zone for a 10-yard touchdown pass. Uzomah in the top right corner of the end zone for a 1-yard TD to cut the Jets' deficit to 17-12 with 6:26 left in the half.
Persons: — Patrick Mahomes, Mahomes, Taylor Swift, Travis Kelce, Harrison, Zach Wilson, Tershawn Wharton, Michael Carter, Gardner, Robert Saleh, Saleh, Isiah Pacheco, Kelce, Wilson, Aaron Rodgers, Allen Lazard, Rodgers, Achilles, Woody Johnson —, Pacheco, Micheal Clemons, Dan Marino’s, Noah Gray, Marino, Jawaan Taylor, Bryce Huff, Tyler Conklin, Greg Zuerlein, Ashtyn Davis, Gray, Randall Cobb, Xavier Gipson, Joe Klecko, Klecko, LB Cole Christiansen, didn't, CB Brandin Echols, ___ Organizations: Kansas City, New York Jets, Chiefs, MetLife, Jets, NFL, New, Dan Marino’s NFL, Miami, The Jets, Kansas, Pro Football Hall, Fame, of Fame, Exchange, CB, NEXT Chiefs, Minnesota, Sunday . Jets, Denver Locations: RUTHERFORD, N.J, Kansas, New York, New, York, Uzomah, Canton , Ohio
Bezzecchi takes pole at inaugural Indian MotoGP
  + stars: | 2023-09-23 | by ( ) www.reuters.com   time to read: +2 min
Bezzecchi clocked the best time of one minute, 43.947 seconds to pip Pramac Racing's Martin by 0.043 seconds for his first pole since the British GP in August. Bagnaia holds a 36-point lead over Martin in the overall standings, with Bezzecchi a further 29 points behind in third. Luca Marini, Bezzecchi's team mate, qualified in fourth place ahead of factory Honda duo Joan Mir and Marc Marquez. "I want to dedicate this pole to a friend of mine that unfortunately left us a couple of days ago." Gresini Ducati's Alex Marquez has been ruled out of the remaining MotoGP weekend after suffering a double rib fracture in qualifying, his team said.
Persons: Marco Simoncelli, Misano, Mooney VR46, Marco Bezzecchi, Jennifer Lorenzini, VR46 Racing, Jorge Martin, Francesco Bagnaia, Bezzecchi, pip Pramac Racing's Martin, Bagnaia, Martin, Luca Marini, Bezzecchi's, Joan Mir, Marc Marquez, Gresini Ducati's Alex Marquez, Hritika Sharma, Peter Rutherford Organizations: Marino, Marino Grand Prix, MotoGP, Rights, VR46, Ducati, Honda, Circuit, Thomson Locations: Marino Grand, Misano Adriatico, Italy, Rights NOIDA, India, New Delhi, Hyderabad
CNN —EU chief Ursula von der Leyen has pledged action to help Italy’s crisis-hit island of Lampedusa during a visit on Sunday, after the island was left struggling to cope with an influx of migrants. Von der Leyen visited a migrant reception center on the island after the Italian Prime Minister called on European leaders to help more. The island has recently seen an uptick in migrant crossings, with Italian authorities saying Thursday that 7,000 people had arrived in just two days, prompting the local mayor and the United Nations refugee agency to warn the Italian island is becoming overwhelmed. The Italian prime minister and EU chief met Sunday to “offer a coordinated response by the Italian and European authorities,” according to von der Leyen. Meanwhile, von der Leyen championed legal pathways and humanitarian corridors as measures to counter “smugglers’ lies.”“We will offer migrants real alternatives through this humanitarian admission.
Persons: Ursula von der Leyen, Von der Leyen, Giorgia Meloni, von der Leyen, , von der, ” Lampedusa, Cecilia Fabiano, LaPresse, ” Meloni, , , Von der, Filippo Mannino, agency’s, San Marino, Chiara Cardoletti Organizations: CNN, EU, Italian, European Union, United Nations, European Commission, UN, UNHCR, International Organization for Migration Locations: Lampedusa, Italian, Africa, Europe, European, Italy, San, Tunisia, Libya
CNN —Lampedusa has seen an influx of migrants with 7,000 people arriving in two days, prompting its mayor and the United Nations refugee agency to warn the Italian island is becoming overwhelmed. Alessandro Serranò/AFP/Getty ImagesMigrants from a migrant housing centre on Lampedusa are guided by a security official. The island of Lampedusa is struggling to cope with an influx of migrants. “The over 130 operators and volunteers of the Italian Red Cross are doing beyond the impossible to ensure basic necessities. However, Flavio Di Giacomo, from IOM, said the number of arrivals in Lampedusa now was much higher than before.
Persons: CNN — Lampedusa, Filippo Mannino, ” “, ” Mannino, agency’s, San Marino, Chiara Cardoletti, ” Cardoletti, Lampedusa, Alessandro Serranò, Gerard Darmanin, Darmanin, , , ” Darmanin, Rosario Valastro, ” Valastro, Flavio Di Giacomo, Infrastructure Matteo Salvini, Giorgia Meloni’s, Ursula Von der Leyen Organizations: CNN, United Nations, RTL, UN, UNHCR, International Organization for Migration, Getty, European Union and, Red Cross Italy, Interior Ministry, Libyan Coast Guard, Italy’s, Infrastructure, Italy’s Foreign Press Association, EU, RAI Locations: Africa, Italy, San, Tunisia, Libya, AFP, Germany, Lampedusa, Ventimiglia, Menton, Great Britain, European Union and Great Britain, Europe, Meloni, Brussels
Martin holds off wounded Italians to seal San Marino GP double
  + stars: | 2023-09-10 | by ( ) www.reuters.com   time to read: +3 min
MISANO ADRIATICO, Sept 10 (Reuters) - Pramac Racing's Jorge Martin led the San Marino Grand Prix in Misano Adriatico from start to finish on Sunday to complete a second sprint and race double of the season and cut Francesco Bagnaia's championship lead to 36 points. Ducati's MotoGP world champion Bagnaia, who had his leg run over in a separate crash last week, finished third. Bagnaia is top of the riders' standings with 283 points, with Martin (247) in second and Bezzecchi (218) in third. After his sprint and race double this weekend and a third-placed finish in Catalunya, Martin has reduced Bagnaia's lead by 30 points in just two weeks. Veteran Pedrosa's creditable fourth-placed finish gave KTM some reason to cheer, after they suffered a double blow when Brad Binder and Jack Miller crashed in successive laps.
Persons: MISANO ADRIATICO, Pramac Racing's Jorge Martin, Misano Adriatico, Francesco Bagnaia's, Marco Bezzecchi, VR46 Racing, Bagnaia, Martin, Marco, Bezzecchi, leapfrogged, BAGNAIA, Dani Pedrosa, Brad Binder, Jack Miller, Maverick Vinales, Miguel Oliveira, RNF, Marc Marquez, Aadi Nair, Christian Radnedge Organizations: San Marino, San Marino Grand Prix, Spaniard, VR46, Bagnaia, KTM, Aprilia, RNF Aprilia, Thomson Locations: San Marino Grand, Misano, Catalunya, Italy, Bengaluru
Martin took the chequered flag 1.445 seconds ahead of VR46 Racing's Bezzecchi to claim his third sprint win of the season. World champion Bagnaia finished third. Bagnaia is top of the riders' standings with 267 points, with Martin (222) in second and Bezzecchi (196) in third. Martin's sprint win reduced the gap to Bagnaia by five points, while Bezzechi's second-placed finish saw him reduce the deficit by two. After Bezzecchi recovered from a slow start to leapfrog Bagnaia, Martin was given more of a challenge, though the Spaniard proved triumphant.
Persons: Pramac Racing's Jorge Martin, Lisi Niesner, Marco Bezzecchi, Francesco Bagnaia, Martin, Bezzecchi, Bagnaia, Marco, Spaniard Martin, leapfrog Bagnaia, Dani Pedrosa, I'm, Jorge, Aleix Espargaro, Luca Marini, Valentino Rossi, Yamaha's Fabio Quartararo, Marc Marquez, Aadi Nair, Pritha Sarkar Organizations: San Marino, San Marino Grand Prix, Ducati, Catalunya, Thomson Locations: Ernstthal, Germany, San Marino Grand, Misano Adriatico, VR46, Misano, Modena, India, Japan, Bengaluru
It was his Lauren's first NY Fashion Week show since 2019. “For them, if you wore Ralph Lauren, you had made it, you know, and so that became popularized in my house with Polo Ralph Lauren. “Some of my favorite Ralph sweaters are 15, 20 years old,” the actor said, “beautiful cashmere sweaters. We're having a conversation about sustainable fashion right now, and .you can have less things if they're beautiful and they last a long time." “Through the years and years ... he’s stayed true to his designs and the kind of woman that he dresses," she said.
Persons: Ralph Lauren, Jennifer Lopez, Julianne Moore, Diane Keaton, Mindy Kaling, Gabrielle Union, James Marsden, Lauren, Christy Turlington, lacy, Lopez, Moore, Keaton, Amanda Seyfried, Keaton grooving, Keri Russell, Matthew Rhys, Ariana DeBose, Rachel Brosnahan, Robin Wright, Sheryl Crow, Thom Browne, Anna Wintour, Lauren’s, filet mignon, Kaling, she'd, , Polo Ralph Lauren, ” Brosnahan, Ralph, Sofia Richie, he’s Organizations: Brooklyn, NY, Huntington Library, Brooklyn Navy, Associated Press, Vogue, Colorado — Locations: Bronx, New York, San Marino , California, Kaling, Colorado
MotoGP's Trimby, head of team body IRTA, dies at 74
  + stars: | 2023-09-08 | by ( ) www.reuters.com   time to read: +1 min
Sept 8 (Reuters) - MotoGP announced the death of Mike Trimby, a MotoGP paddock stalwart and founder and head of the race teams association IRTA, at the San Marino Grand Prix on Friday. The 74-year-old Briton, a former motorcycle racer, was hired by his fellow riders in 1982 to represent them and co-founded IRTA in 1986. "Mike was one of the most important figures in the history of motorcycle Grand Prix racing," MotoGP said in a statement at Misano. "His life, achievements and memory will be celebrated during the remainder of the San Marino Grand Prix as the paddock joins together to honour him." In March Trimby was awarded the Royal Automobile Club's Torrens Trophy for his outstanding contribution to UK motorcycling.
Persons: Mike Trimby, Irene, Mike, Trimby, Alan Baldwin, Ken Ferris Organizations: MotoGP, San Marino, San Marino Grand Prix, Royal Automobile, Thomson Locations: San Marino Grand, London
Ducati's Bagnaia passed fit for San Marino GP
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +1 min
Sept 7 (Reuters) - Ducati's MotoGP championship leader Francesco Bagnaia was passed fit to take part in the San Marino Grand Prix on Thursday, only days after his leg was run over at the previous race in Spain. "I was very lucky," added the reigning world champion, whose leg was hit by KTM's Brad Binder before the race was red-flagged. The San Marino and Rimini Riviera Grand Prix is the 12th round of the 20-race season. Bagnaia has a 50-point lead over Spanish rider Jorge Martin, who races for Ducati-supported Pramac Racing. Reporting by Alan Baldwin in London, editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Francesco Bagnaia, KTM's Brad Binder, Bagnaia, Jorge Martin, Pramac, Alan Baldwin, Ken Ferris Organizations: MotoGP, San Marino, San Marino Grand Prix, Barcelona's, Catalunya, Sky, Rimini Riviera, Ducati, Thomson Locations: San Marino Grand, Spain, San Marino, Spanish, London
The year’s most expensive sale in New York City took place in August at 220 Central Park South in Midtown, where an expansive duplex in the villa portion of the park-facing condo complex closed at $80 million. It sold for $30 million, far less than the $110 million initially sought by the developers six years ago. The buyer was Scott Lynn, an art collector and the founder and chief executive of Masterworks, an art investment platform. The crown penthouse at the new 20-story condo at 109 East 79th Street also sold, for $35 million, which was the month’s second biggest sale. The full-floor unit has 5,721 square feet, plus an additional 3,666 square feet of outdoor space.
Persons: Nima Capital, Suna Said, Scott Lynn Organizations: New York City, Nima, Woolworth, Masterworks Locations: New York, Midtown, TriBeCa
CNN —Home crowd favorite Jessica Pegula made the perfect start to her US Open campaign, beating underdog Camila Giorgi in straight sets. Pegula made light work of her Italian opponent, breezing to a 6-2 6-2 opening-round victory in just an hour and 22 minutes. Pegula impressed winning 6-2 6-2 in straight sets. Elsewhere on the women’s side of the draw, Pegula’s compatriot Madison Keys was also able to make her way into the second round. Buoyed by the home crowd, Mmoh stormed to a 6-2 6-2 6-4 victory to march onto round two – matching his best ever US Open result.
Persons: Jessica Pegula, Camila Giorgi, breezing, Pegula, Giorgi, Sarah Stier, ” Pegula, , Madison Keys, Keys, Arantxa Rus, Manu Fernandez, Patricia Maria Țig, Rebecca Marino, Belgium’s Yanina, Michael Mmoh, Karen Khachanov, Khachanov, Mmoh, John Minchillo, John Isner, breezed, Facundo Diaz Acosta, Isner Organizations: CNN, US, Madison, Arantxa, U.S ., Argentinian Locations: Flushing Meadows
Orcas were spotted hunting dolphins off the coast of San Diego, in a graphic new drone video. This behavior is normal, especially since this pod of killer whales specializes in eating dolphins. Killer whales eat a meat-based diet, but the prey they choose depends on what part of the world they live in. So, for the orcas that cruise the area, eating dolphins is about a combination of opportunity and interest, Marino explained. The orcas are playing and teaching their youngA female killer whale and her newborn calf in Grays Harbor near Westport, Washington.
Persons: they've, Domenic Biagini, Lori Marino, Marino, Biagini, Candice Emmons, they're Organizations: Service, The, Sanctuary, San, NOAA Fisheries, Reuters Locations: San Diego, New Zealand, Southern California, Grays Harbor, Westport , Washington
U.S. Rep. George Santos leaves the U.S. District Court for the Eastern District of New York in Central Islip, New York, May 10, 2023. A man who was a paid campaign fundraiser for Rep. George Santos was indicted in New York on federal criminal charges related to his allegedly impersonating a top aide to House Speaker Kevin McCarthy as he solicited donations for Santos. Santos, who was first elected in 2022, represents a House district that covers parts of Queens in New York City, and Nassau County in Long Island. McCarthy, a California Republican, has defended Santos' right to continue serving in the House even as he fights his own criminal charges. "According to a federal indictment, George Santos paid someone to impersonate Kevin McCarthy's chief of staff to raise money, yet McCarthy continues to protect Santos," Goldman wrote.
Persons: George Santos, Kevin McCarthy, Santos, Samuel Miele, Miele, Dan Meyer, McCarthy, Kevin Marino, John Marzulli, Dan Goldman, Kevin McCarthy's, Goldman, CNBC's Kevin Breuninger, Brian Schwartz Organizations: Rep, Eastern, of, Santos, New York Republican, CNBC, U.S, California Republican, Democrat, Court Locations: U.S, of New York, Central Islip , New York, New York, Miele, Queens, New York City, Nassau County, Long, California, Manhattan, Brooklyn, Eastern
The Return of Manual-Wind Watches
  + stars: | 2023-08-09 | by ( Ming Liu | ) www.nytimes.com   time to read: +2 min
The lack of a rotor generally allows manual-wind movements — and, ultimately, their exterior cases — to be smaller, which suits the current trend for small watches. Bulgari also played with size in developing its manual-wind BVL 100 Piccolissimo movement, introduced last year. “Our very important clients were saying that they had so many high-jewelry watches but found it was a pity that the tiny batteries soon ran out,” said Fabrizio Buonamassa Stigliani, the brand’s production creation executive director. A mechanical movement is forever.”The Piccolissimo first was used in Bulgari’s high-jewelry Serpenti Misteriosi watches, but this year it made its way into the new Mediterranea high-jewelry collection, presented in Venice in May. Manual-wind movements highlight a watch’s vintage look.
Persons: Patek, Calatrava, Bulgari, , Fabrizio Buonamassa Stigliani, , Marino Grande, Panerai Locations: Tokyo, Venice, Geneva, California
The investment banker Robert Shafir earned an enviable rate of return last month on the sale of a penthouse at 150 Charles Street, a brick-and-glass condominium in the West Village. A limited liability company linked to Mr. Shafir, a former top executive of Credit Suisse, sold the spacious apartment for $52 million to an anonymous buyer in an off-market deal; the unit had been purchased brand-new in 2016 for around $29.4 million. Off-market deals, a.k.a. whisper listings, where properties are typically not listed publicly, have become increasingly common in the luxury market since the pandemic. The sale on Charles Street was the priciest in New York City during the month of July and among several big closings taking place in Lower Manhattan.
Persons: Robert Shafir, Charles Street, Shafir Organizations: Charles, Credit Suisse Locations: West, New York City, Lower Manhattan
NEW YORK, July 14 (Reuters) - Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. Because the dollar is a linchpin of the global financial system, a wide range of assets stand to benefit if it continues falling. Raw materials, which are priced in dollars, become more affordable to foreign buyers when the dollar declines. "For markets, the weaker dollar and its underlying driver, weaker inflation, is a balm for everything, especially for assets outside the U.S.," said Alvise Marino, foreign exchange strategist at Credit Suisse. Reuters GraphicsIn the world of monetary policy, the dollar's decline may be a relief to some countries, as it removes the urgency for them to support their falling currencies.
Persons: Russell, Alvise Marino, Karl Schamotta, Paresh Upadhyaya, Upadhyaya, Kenneth Broux, Helen, pare, it's, Saqib Iqbal Ahmed, Dhara Ranasinghe, Ira Iosebashvili, Leslie Adler Organizations: YORK, U.S, Federal Reserve, Investment, Goldman Sachs, Credit Suisse, Treasury, Fed, Colombian, Kazakhstan tenge, Uruguayan, Reuters Graphics, Traders, Generale, stoke, Monex USA, Thomson Locations: U.S, Polish, Corpay, Kazakhstan, Japan, Swedish
Her team found that 63% of slightly damaged boats didn't follow protocol, compared with 36% that did. Roughly half of the damaged boats followed protocol, and the other half didn't. The protocol didn't seem to have an effect. "In very severe damage, when towing is required, we don't find significant evidence to follow or not follow our protocol," she said in the webinar. But the leading ideas are curious young orcas or defensive behavior by orcas that have been harmed before, González said in the webinar.
Persons: Mónica, González, Serge Melesean, there's, John Hargrove Organizations: Service, Orca Behavior, SeaWorld, Bloomberg Locations: Portuguese, Spain, Strait, Gibraltar, Mayotte, France
Hasbro puts the odds of finding the exclusive card in a pack at less than 0.00003%. Photo Illustration: Photo-illustration by WSJ; Image: Wizards of the Coast
Organizations: Hasbro
CNN —Germany has returned six mummified Māori heads to New Zealand, together with the remains of almost 100 Māori and Moriori ancestors. German institute/Museum of New Zealand Te Papa TongarewaIn Māori culture, the head was considered the most important part of the body. Back in 2016, the Smithsonian Institution returned the remains of 54 indigenous people, including four mummified Māori heads, to Te Papa. The latest repatriation involved the skeletal remains of 95 ancestors of both peoples, together with six mummified tattooed Māori heads. A team carry 20 mummified Māori heads, repatriated from France, during a ceremony at Te Papa on January 27, 2012.
Persons: Hinemoana Baker, Te, Arikirangi Mamaku, Ironside, Reiss Engelhorn, Georg August, Roemer, Te Papa Tongarewa, Marty Melville, , Arapata, Papa’s Māori, Te Herekiekie, , Reiss, James Cook, moko, Craig Hawke, , hora, marino, kia whakapapa, tere, Organizations: CNN, New Zealand, Smithsonian, New, Smithsonian Institution, Grassi Museum, Linden Museum, Stuttgart State Museum of, Georg August University, Pelizaeus, Museum, Getty, Aotearoa New Locations: Germany, New Zealand, Papa, New, Aotearoa, Chatham, Te Papa, Vienna, Leipzig, Mannheim, Stuttgart, Göttingen, Hildesheim, Museum Wiesbaden, Te, France, AFP, When, Te Papa’s, Aotearoa New Zealand, Engelhorn, Europe, Wellington, Te_Papa
This week's crypto-industry crackdown by the SEC has sent the price of Coinbase stock falling. Just 24 minutes before the SEC announced its lawsuit against Binance, a trader made a big options trade betting on a stock decline, Bloomberg found. Depending on if and when the trader closed their position, the wager could've paid out up to $2.6 million. As the regulatory authority announced back-to-back lawsuits, first against Binance and then against Coinbase, asset prices pegged to the industry tumbled. Few felt the brunt of the crackdown quite like Coinbase stock itself.
Persons: , Matt Turner, David Marino, would've, Coinbase Organizations: SEC, Binance, Bloomberg, Service
Fund managers in the latest BofA Global Research survey named shorting the dollar as the market's third "most crowded" trade. The dollar is "in a very messy transition from bull market to a bear market," said Aaron Hurd, senior portfolio manager, currency, at State Street Global Advisors. Hurd expects the dollar to remain buoyant over the very short term, but decline steadily over the next few years. Most investors believe the dollar will likely remain elevated until U.S. data turns decidedly weaker, allowing the Fed to cut rates. "The dollar strength is entirely related to the fact that U.S. data is actually pretty good," said Alvise Marino, a strategist at Credit Suisse.
Persons: Aaron Hurd, Hurd, Alvise Marino, Bipan Rai, Christine Lagarde, Brian Rose, Saqib Iqbal Ahmed, Ira Iosebashvili, Leslie Adler Organizations: YORK, Futures Trading Commission, Fund, Research, Street Global Advisors, Bears, Federal Reserve, Fed, Traders, Credit Suisse, Reuters, U.S . Treasury, CIBC, UBS Global Wealth Management, European Central Bank, ECB, Thomson Locations: U.S, North America, Europe
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