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TOKYO (AP) — Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge Sunday to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties. Political Cartoons View All 1223 ImagesThe G-7 includes the U.S., Canada, France, Germany, Italy, Japan and Britain. Trade is one sector where growing political tensions with China have been playing out, although China was not directly mentioned in the meetings. Yasutoshi Nishimura, the Japanese minister in charge of trade and the economy, said G-7 nations expressed support and understanding for Japan’s position, stressing the safety of Japanese food based on scientific evidence, including that from Fukushima. Nishimura also said the guest nations that took part in the G-7 meeting, including Australia and India, were potentially powerful allies in strengthening the supply chain in valuable materials.

Persons: Yoko Kamikawa, ”, “, Yasutoshi Nishimura, Nishimura, Kamikawa, Katherine Tai, ___ Yuri Kageyama Organizations: TOKYO, —, European Union, World Trade Organization, ”, EU, U.S . Trade Locations: Osaka, Ukraine, Israel, Canada, France, Germany, Italy, Japan, Britain, Australia, Chile, India, Indonesia, Kenya, China, Hiroshima, Fukushima

☆ Why we don't have fusion power plants yet, and what it'll take to get clean, limitless energy to market
▼ + stars: | 2023-10-29 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +9 min

Two experts explain how long it could take until fusion power plants are possible. Fusion plants could theoretically produce almost 4 million times as much energy as burning coal or oil — with none of the carbon emissions. It's what Andrew Christlieb, who is part of a US Department of Energy fusion project at Michigan State University, calls "step zero." The US Department of Energy's Fusion Energy Sciences program has a $763 million budget for 2023, which could grow to over $1 billion next year. Achieving commercial fusion power in two decades won't be quick enough to address many countries' goals of adapting clean energy and limiting global warming by 2035.

Persons: It's, Andrew Christlieb, Christlieb, Michael Livingston, PPPL, Jean, Paul Pelissier, it's, Jason Laurea, Lawrence, Jonathan Menard, Menard, Bill Gates, Sam Altman Organizations: Service, Ignition, NIF, US Department of Energy, Michigan State University, Royal Society, Reactor, REUTERS, European Union, Lawrence Livermore National Laboratory, Princeton Plasma Physics, US Department of Energy's Fusion Energy Sciences, Fusion Industry Association, Tech Locations: PPPL, Saint, Durance , Southern France, US, China, Russia, Lawrence Livermore, Princeton

☆ Elon Musk’s Twitter takeover, the platform and its cultural impact have fundamentally changed
▼ + stars: | 2023-10-27 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +16 min

Here’s a (non-exhaustive) account of how Musk has fundamentally changed Twitter since he made one of the most consequential acquisitions of the social media age. Many of Musk’s content and product decisions have also led to what civil society groups have reported as a troubling spread of hateful speech on the platform. He recommended that X users monitor the Israel-Hamas conflict by following an account known for spreading disinformation, before later deleting his post. And, in an attempt to prove that former Twitter executives deliberately discriminated against conservatives on the platform, Musk provided a handpicked group of journalists with selective access to company records. It is perhaps Musk’s all-consuming presence that has most undermined what users used to love about Twitter.

Persons: New York CNN — It’s, Elon Musk, Linda Yaccarino —, Yaccarino, ” Yaccarino, —, it’s, Here’s, Musk, he’s, Donald Trump, LeBron James, James, ”, X, General Mills, ” Weeks, “ Elon, what’s, “, Paul Pelosi, Dilbert, Scott Adams, George Soros, Joe Biden’s, Ron DeSantis ’, Robert F, Kennedy, Jr, Tucker Carlson, Vivek Ramaswamy, Benjamin Netanyahu, Hunter Biden Organizations: New, New York CNN, Elon, Twitter, US Federal Trade Commission, Securities, Exchange Commission, EU, Premium, Nintendo, NPR, PBS, Volkswagen, —, Center, Defamation League, Wall Street, Florida Republican Gov, Fox, New York, Trump Locations: New York, Israel, United States, breakeven, New

TOKYO (AP) — Two workers at the tsunami-wrecked Fukushima Daiichi nuclear power plant were hospitalized after accidentally getting sprayed with liquid laced with radioactive materials, officials said Thursday. The incident occurred on Wednesday when a group of workers was cleaning the piping at the Advanced Liquid Processing System. The ALPS is a wastewater filtering facility that is key to the treatment of the radioactive wastewater that accumulates on the plant and its ongoing discharge into the sea. Four workers were cleaning the piping when a drainage hose suddenly came off. Political Cartoons View All 1220 ImagesTEPCO began the controversial wastewater discharges on Aug. 24 from Fukushima Daiichi, which suffered triple meltdowns following the 2011 quake and tsunami.

Persons: Junichi Matsumoto Organizations: TOKYO, Tokyo Electric Power Company Holdings, TEPCO Locations: Fukushima, China

London CNN —Claudia Goldin, a professor at Harvard University, was awarded the Nobel Prize in economics Monday for her research into women’s income and employment. Jakob Svensson, chair of the committee for the prize in economic sciences, added: “Understanding women’s role in the labor market is important for society. Thanks to Claudia Goldin’s groundbreaking research we now know much more about the underlying factors and which barriers may need to be addressed in the future.”Claudia Goldin Harvard UniversityGoldin was born in 1946 in New York. She is the author of several books and is best-known for her work on the history of women in the US economy. The economics prize is officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

Persons: London CNN — Claudia Goldin, Goldin, ”, Jakob Svensson, Claudia Goldin’s, ” Claudia Goldin Harvard, ” Claudia Goldin Harvard University Goldin, Henry Lee, Alfred Nobel, Ben Bernanke, Douglas Diamond, Philip Dybvig Organizations: London CNN, Harvard University, Royal Swedish Academy of Sciences, ” Claudia Goldin Harvard University, National Bureau of Economic Research, Sveriges, Economic Sciences, Federal Locations: New York, United States, Swedish

☆ Tepco starts releasing second batch of treated radioactive water from Fukushima nuclear plant
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

[1/3] An aerial view shows the Fukushima Daiichi nuclear power plant, which started releasing treated radioactive water into the Pacific Ocean, in Okuma town, Fukushima prefecture, Japan August 24, 2023, in this photo taken by Kyodo. Kyodo/via REUTERS/File Photo Acquire Licensing RightsTOKYO, Oct 5 (Reuters) - Tokyo Electric Power Company (9501.T) (Tepco) started releasing more treated radioactive water from the wrecked Fukushima Daiichi Nuclear Power Plant on Thursday morning, continuing a move that has caused tensions between China and Japan. Junichi Matsumoto, who is overseeing the water release at Tepco, said on Wednesday during a news conference that Tepco had received more than 6,000 calls from abroad between August 24-27. Japan started the water discharge in August in a key step towards decommissioning the Fukushima plant, which suffered meltdowns after being hit by a tsunami in 2011 in the world's worst nuclear plant disaster since Chernobyl 25 years earlier. Japan says the water is treated to remove most radioactive elements except tritium, a hydrogen isotope that must be diluted because it is difficult to filter.

Persons: Junichi Matsumoto, Matsumoto, Sakura Murakami, Gerry Doyle Organizations: Kyodo, Rights, Tokyo Electric Power Company, United Nations, Tepco, Japan, Thomson Locations: Okuma, Fukushima prefecture, Japan, China

☆ The collapse in Treasury bonds now ranks among the worst market crashes in history
▼ + stars: | 2023-10-05 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

That's just under losses seen in the stock market when the dot-com bubble burst. The bond rout is worse than the one seen in 1981 when the 10-year yield neared 16%. Bloomberg reported losses on Treasury bond with maturities of 10 years or more had notched 46% since March 2020, while the 30-year bond had plunged 53%. Those losses are nearly in line with stock-market losses seen during the worst crashes of recent history — when equities slumped 49% after the dot-com bubble burst and 57% in the aftermath of 2008. While interest rates remain well below that level today, the central bank's aggressive turn toward monetary tightening in the post-pandemic era has caused a similar bond-market rout.

Persons: That's, —, Paul Volcker, Bill Ackman, Ray Dalio, Bill Gross Organizations: Bloomberg, Service, Federal Reserve, Investors

REUTERS/David 'Dee' Delgado/ Acquire Licensing RightsOct 3 (Reuters) - The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year, with crypto prices, volumes and venture capital investment well below their 2021 peaks. BITCOIN BLUESBitcoin, by far the biggest cryptocurrency and the chief barometer for crypto market sentiment, has bounced back about 37% since Nov. 1. Reuters Image Acquire Licensing RightsCRUMBLING MARKET CAPAfter peaking at $3 trillion in November 2021, the value of the overall crypto market plummeted through 2022, hitting a two-year low of $796 billion as FTX imploded. Yet the relative calm in crypto markets is not necessarily a good thing, said some market participants, noting that many investors are attracted to crypto precisely because of its volatility, which offers opportunities to make quick profits. Reuters GraphicsVC CRYPTO BETS TUMBLEVenture capital (VC) investments flooded into crypto during its boom year of 2021, and even through 2022.

Persons: Damian Williams, Samuel Bankman, David, Dee, Delgado, Sam Bankman, FTX, cryptocurrencies, Bitcoin, bitcoin, Ben Laidler, Usman Ahmad, Anders Kvamme Jensen, Robert Le, CCData, Noelle Acheson, Hannah Lang, Elizabeth Howcroft, Tom Wilson, Michelle Price, Andrea Ricci Organizations: REUTERS, Capital, Silvergate Bank, BlackRock, Reuters, Zodia, Chartered, Reuters Graphics, U.S, Venture, Thomson Locations: New York City, U.S, New York, Singapore, London, Washington

☆ Elon Musk moving servers himself shows his 'maniacal sense of urgency' at X, formerly Twitter
▼ + stars: | 2023-09-11 | by ( Walter Isaacson | ) www.cnbc.com time to read: +14 min

Musk wanted to save that money by moving the servers to one of X's other facilities, in Portland, Oregon. James Musk asked. "The dude is not very good at math," Musk told the musketeers. The lack of servers caused meltdowns, including when Musk hosted a Twitter Spaces for presidential candidate Ron DeSantis. And the Sacramento caper showed X employees that he was serious when he spoke about the need for a maniacal sense of urgency.

Persons: Walter Isaacson's, Elon Musk, Musk, you've, Tesla, Steve Davis, Omead Afshar, James Musk, James, Andrew, Austin, Elon, Alex, Alex the, jimmy, —, Ross Nordeen, enlistees, I've, Ross, pushback, Ron DeSantis, X, Walter Isaacson, Jennifer Doudna, Leonardo da Vinci, Steve Jobs, Albert Einstein, Benjamin Franklin, Henry Kissinger Organizations: Twitter, SpaceX, Cape Canaveral, Avid, Toyota Corolla, Apple, Home, NTT, Walmart, Extra Care, PayPal, Depot, CNBC, Tulane University, CNN Locations: Musk's, Sacramento, Portland , Oregon, Portland, Fremont, Texas, Cape, San Francisco, Tahoe, Elon, Austin, Las Vegas, Uzbekistan, Square, Yelp

☆ Is Travel Insurance Worth It?
▼ + stars: | 2023-09-05 | by ( Kat Tretina | ) www.wsj.com time to read: +12 min

Trip cancellation and interruption coverage is the most common form of travel insurance, making up nearly 90% of travel protection plans sold. Travel medical: When you travel to another country, typical health insurance plans — including Medicare — don’t cover you. Like all forms of insurance, travel insurance policies don’t cover every event that can impact your vacation. “When you travel using airline miles and hotel points, most credit card travel insurance policies won’t cover the trips,” says Huffman. “If you do not get travel insurance, you are rolling the dice,” says Hines, who adds she always recommends travel insurance to her clients.

Persons: Kat, we’ve, it’s, ”, Tiffany Hines, Mark Friedlander, ” What’s, Friedlander, Lee Huffman, Huffman, Kevin Payne, Payne, Hines, “ We’ve, won’t Organizations: Global, Travel, Insurance Information Institute, Disease Control, Prevention, World Health Organization, Spirit Airlines, Delta, Allianz Travel Locations: Athens , Georgia, Europe, U.S

☆ Europe’s ‘Tormented History’ Drives an Ambitious Macron Protégé
▼ + stars: | 2023-09-01 | by ( Roger Cohen | More About Roger Cohen | ) www.nytimes.com time to read: +1 min

This was scarcely business as usual for a minister whose habitual obligations include dealing with rail strikes and airport meltdowns. But Mr. Beaune, 42, has earned a reputation as an iconoclast driven by personal conviction, chief among them a passionate identification with the idea of a united Europe. “I have a small piece of this tormented history in me, and that is the history of all Europeans,” Mr. Beaune, a man of boyish face, candid gaze and artfully unkempt beard, said in an interview. “We are a continent of people, families and nations torn apart. We must recall that the European Union is a daily miracle.”

Persons: “, ” Organizations: European Locations: Kyiv, Clément Beaune, Ukrainian, Odesa, France, Auschwitz, Beaune, Europe, European Union

☆ Japan says harassment calls from China regarding Fukushima water release extremely regrettable
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +1 min

A view of the Fukushima Daiichi nuclear power plant after it started releasing treated radioactive water into the Pacific Ocean, seen from the nearby Ukedo fishing port in Namie town, Fukushima Prefecture, Japan, Aug. 25, 2023. REUTERS/Tom Bateman/File Photo Acquire Licensing RightsTOKYO, Aug 28 (Reuters) - Japan's top government spokesman said on Monday it was extremely regrettable that there were many instances of harassment phone calls from China regarding the release of treated radioactive water from the Fukushima nuclear power plant into the Pacific. "A lot of harassment phone calls believed to be originating from China are occurring in Japan ... These developments are extremely regrettable and we are concerned," Chief Cabinet Secretary Hirokazu Matsuno told a regular news conference. Japan on Thursday started the water discharge, a key step in decommissioning the Fukushima plant, which suffered triple meltdowns after being hit by a tsunami in 2011 following a powerful earthquake.

Persons: Tom Bateman, Hirokazu Matsuno, Kiyoshi Takenaka, Martin Pollard, Jacqueline Wong Organizations: REUTERS, Rights, Japan, Thursday, Thomson Locations: Fukushima, Fukushima Prefecture, Japan, China, Tokyo, Beijing

☆ Japan says harassing calls from China over Fukushima water release 'extremely regrettable'
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

A view of the Fukushima Daiichi nuclear power plant after it started releasing treated radioactive water into the Pacific Ocean, seen from the nearby Ukedo fishing port in Namie town, Fukushima Prefecture, Japan, Aug. 25, 2023. REUTERS/Tom Bateman/File Photo Acquire Licensing RightsTOKYO, Aug 28 (Reuters) - Japan said on Monday it was extremely regrettable that there were many instances of harassing phone calls from China regarding the release of treated radioactive water from the Fukushima nuclear power plant into the Pacific. Japan started the water discharge on Thursday in a key step toward decommissioning the Fukushima plant, which suffered triple meltdowns after being hit by a tsunami in 2011 following a powerful earthquake. "A lot of harassment phone calls believed to be originating from China are occurring in Japan ... Other municipalities, hotels and restaurants have also been getting such calls since the day the water release began, domestic media said.

Persons: Tom Bateman, Hirokazu Matsuno, Masataka Okano, Kiyoshi Takenaka, Martin Pollard, Jacqueline Wong, Mark Heinrich Our Organizations: REUTERS, Rights, Pacific ., Thomson Locations: Fukushima, Fukushima Prefecture, Japan, China, Pacific, Pacific . Japan, Tokyo, Beijing

☆ Fukushima nuclear plant begins releasing treated radioactive wastewater into the sea
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: +3 min

Protesters hold signs reading "Don't throw radioactive contaminated water into the sea!" The operator of the tsunami-wrecked Fukushima Daiichi nuclear power plant says it has begun releasing its first batch of treated radioactive water into the Pacific Ocean. But the Japanese government and TEPCO say the water must be released to make room for the plant's decommissioning and to prevent accidental leaks. The water release begins more than 12 years after the March 2011 nuclear meltdowns, caused by a massive earthquake and tsunami. TEPCO executive Junichi Matsumoto said Thursday's release was to begin with the least radioactive water to ensure safety.

Persons: Fumio Kishida, Junichi Matsumoto, Matsumoto Organizations: Tokyo Electric Power Company, Tokyo Electric Power Company Holdings, TEPCO, Fisheries Agency Locations: Tokyo, China, South Korea, Fukushima

☆ Explainer: More nuclear challenges await Japan after Fukushima water release
▼ + stars: | 2023-08-24 | by ( Kiyoshi Takenaka | ) www.reuters.com time to read: +4 min

[1/2] Activists attend a protest against Japan's plan to release treated wastewater from the Fukushima nuclear power plant into the ocean, at the national assembly in Seoul, South Korea, August 24, 2023. MOLTEN FUEL REMOVALTepco has described the effort to remove highly radioactive fuel debris from reactor cores as an "unprecedented and difficult challenge never attempted anywhere in the world". That was the worst nuclear plant accident before the 1986 Chornobyl tragedy in Ukraine, then part of the Soviet Union. About 12.1 trillion yen had been spent on such activities by March 2022, Japan's audit panel, which reviews government expenditures, has said. That represents an expenditure of more than half of the government's estimate, even before really tough tasks such as fuel debris retrieval have begun, in turns raising concerns about cost overruns.

Persons: Kim Hong, Kiyoshi Takenaka, Katya Golubkova, Clarence Fernandez Organizations: REUTERS, Rights, Tokyo Electric Power Co, Tepco, U.S, Japan, Japan Center for Economic Research, Thomson Locations: Seoul, South Korea, Japan, Pennsylvania, Ukraine, Soviet Union, Fukushima

☆ Fukushima wastewater released into the ocean, China bans all Japanese seafood
▼ + stars: | 2023-08-23 | by ( Sakura Murakami | ) www.reuters.com time to read: +6 min

Sales to China and Hong Kong accounted for 42% of all Japanese aquatic exports in 2022, according to government data. Separately from China, Hong Kong and Macau have announced their own ban starting Thursday, which covers Japanese seafood imports from 10 regions. Japan will conduct monitoring around the water release area and publish results weekly starting on Sunday, Japan's environment minister said. PROTESTSIn Hong Kong, Jacay Shum, a 73-year-old activist, held up a picture portraying IAEA head Rafael Grossi as the devil. "The Fukushima nuclear disaster is not over.

Persons: Fumio Kishida, Geraldine Thomas, Han Duck, Jacay Shum, Rafael Grossi, Shum, Iizuka, Sakura Murakami, Chang, Ran Kim, Kantaro Komiya, Irene Wang, Bernard Orr, Farah Master, Joyce Zhou, Hongji Kim, Soo, hyang Choi, Raju Gopalakrishnan Organizations: IAEA, Tokyo Electric Power, International Atomic Energy Agency, Japan, Hong, REUTERS, Minwoo, World Health Organization, London's Imperial, Japan Fisheries Co, Korean, Reuters, Thomson Locations: China, Japan, TOKYO, Tokyo, Hong Kong, Fukushima, Busan, South Korea, China , Hong Kong, Macau, Seoul, South, Beijing, Lincoln

REUTERS/Fabrizio Bensch/File Photo Acquire Licensing RightsWASHINGTON, Aug 21 (Reuters) - PayPal's (PYPL.O) stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years. "From a policy perspective, there is a seismic difference between Facebook's Libra and PayPal's stablecoin," said Isaac Boltansky, director of policy research for brokerage BTIG. Dan Dolev, a senior analyst at Mizuho, said PayPal USD is not a game-changer for PayPal investors. When Facebook unveiled Libra, a stablecoin whose operations were based in Switzerland and which was pegged to a basket of currencies, executives made no secret of their ambitions. Facebook rebranded Libra, scaled it back and moved the project to the United States, in a bid to win U.S. regulatory approval.

Persons: Fabrizio Bensch, stablecoin, Facebook's, Christopher Giancarlo, PayPal's, Isaac Boltansky, Dan Schulman, Dan Dolev, Maxine Waters, Joe Biden's, Janet Yellen, Yellen, TerraUSD, stablecoins, There's, Jack Fletcher, Patrick McHenry, Hannah Lang, Andrea Shalal, Pete Schroeder, Niket, Michelle Price, Matthew Lewis Organizations: PayPal, REUTERS, Rights, U.S ., Facebook, U.S . Commodity Futures Trading Commission, Federal Reserve, Meta, Paxos Trust, New York State Department of Financial Services, Mizuho, Financial Services, Treasury, Congress, prudential, Republican, Thomson Locations: Berlin, Germany, Washington, U.S, Switzerland, United States, transact, stablecoins, Bengaluru

☆ David Hallberg’s New Job: Decision Maker
▼ + stars: | 2023-08-01 | by ( Roslyn Sulcas | ) www.nytimes.com time to read: +1 min

One of the biggest adjustments for me was how everyone looks to you for decision making about even very minor things. I always want things to be collaborative, and often people don’t want that — they want you to lead. The other big thing was trying to balance my time and learning what and how to prioritize. Part of your job involves talking to artists who can feel vulnerable and anxious about their careers. When we are having difficult conversations, I want them to feel they are getting an honest answer, not just being calmed down.

Locations: New York

☆ Brian Harman powers to 2023 Open Championship victory, clinching first career major
▼ + stars: | 2023-07-23 | by ( Jack Bantock | ) edition.cnn.com time to read: +19 min

CNN —Brian Harman won the 151st Open Championship on Sunday, sealing the first major of his career in dominant fashion. When Faldo birdied at the subsequent hole, Hoch's hopes of a first major win similarly went up in the air. David Cannon/Getty Images Europe/Getty Images Lorena Ochoa, US Women's Open (2005) Ochoa secured a top-four finish at the 2005 US Women's Open. Not when you led at the final hole. A par at the final hole would have been enough to put the American into the playoff, but an agonizing missed putt [pictured] epitomized her painful afternoon in San Francisco.

Persons: Brian Harman, Australia’s Jason Day, Austria’s Sepp Straka, Tom Kim, Jon Rahm, Harman, “ I’m, ” Harman, Osullivan, Brooks Koepka, Wyndham Clark, Rahm, Kim, Rory’s, Argentina’s Emiliano Grillo, ” McIlroy, “, ”, Luke Walker, Greg Norman, France’s Jean van de Velde, –, McIlroy, Andrew Redington, Sam Snead, Snead, Lew Worsham, Louis, Arnold Palmer, Palmer, Billy Casper, Casper, Ed Sneed, Sneed, Fuzzy Zoeller, Tom Watson, Watson, Scott Hoch, Hoch, Nick Faldo, skyward, Faldo birdied, Hoch's, Mark Calcavecchia, Calcavecchia, Colin Montgomerie, Germany's Bernhard Langer, Norman, Faldo, David Cannon, Jean Van De Velde, Van De, Van De Velde, Frenchman, Barry Burn, Paul Lawrie, Lorena Ochoa, Ochoa, Birdie Kim, Harry, Phil Mickelson, Mickelson, Lefty, Geoff Ogilvy, Ezra Shaw, Stewart Cink, Warren Little, Dustin Johnson, Johnson, Graeme McDowell, Donald Miralle, Jason Dufner, Dufner, Keegan Bradley, Bradley, Adam Scott, Ernie Els, Scott, Jordan, Buddy, Jordan Spieth, Danny Willett, Spieth, Jim Watson, Lexi Thompson, Yuka Saso, Thompson, Sean M, Mito Pereira, Pereira, Justin Thomas, Will Zalatoris, Christian Petersen, Van de Velde, Stuart Franklin, Ghostbuster Harman, Tommy Fleetwood, Read, Brian Harman shrugs, unflappable Organizations: CNN, 151st, PGA, Reuters, Northern, Royal Liverpool, PGA Championship, North, Louis Post, Bettmann, Augusta, Augusta National, Getty, Ryder, American, Scottish, Team Europe, . Augusta National, Barry Burn . Pictures, South Korean, Chevron, Royal Lytham, Nasa, Mito, Southern Hills Country Club, eventual Locations: Royal Liverpool, South, Georgia, Carnoustie, Augusta, North America, San Francisco, Kiawah, Europe, Jean Van De Velde , British, Scotland, Mexican, British, Turnberry, Atlanta, American, New York, St, Annes, squander, Tulsa, Liverpool, Harman’s

☆ Travel news: US airline staffing at ‘highest level’ in decades – so why the flight delays?
▼ + stars: | 2023-07-22 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Extreme weatherHeat waves, wildfires, floods and storms have been hitting regions across North America, Europe and Asia. Air travel woesUS passenger airline employment is now at its highest level in over two decades, says a new statement from the International Air Transport Association (IATA) as carriers build up their workforces to meet the huge demand for post-pandemic travel. However, passengers this summer are still facing “unacceptable delays and disruptions” because of a shortage of air traffic controllers in North America. If all this has got you wistful for a bygone “golden age of air travel,” however, you’d be very wrong.

Persons: you’d, we’ve, Jay Khan, Janet Yellen’s, jian, Yellen, Liesbet Collaert, she’d, Christina Ward, Wahid Kandil, you’re, they’ve Organizations: CNN, Southern, International Air Transport Association, US Federal Aviation Administration, FAA, NAV Canada, US Locations: North America, Europe, Asia, Italy, Southern Europe, Ireland, Denmark, Bulgaria, Czech Republic, Las Vegas, Chicago, Hong Kong, Beijing, Yunnan, Belgian, California, Egypt, Barra, American, Paris

☆ Airlines Are Thriving as People Keep Traveling
▼ + stars: | 2023-07-20 | by ( Niraj Chokshi | More About Niraj Chokshi | ) www.nytimes.com time to read: +1 min

But the recent recovery has been marred by problems, including delays and cancellations around the country. Airlines and the air traffic control system have struggled to overcome bad weather, technology problems, staffing shortfalls and other disruptions over the past two years, contributing to major meltdowns like the one that Southwest Airlines suffered over several days in late December. Delays and cancellations have often cascaded on themselves, disrupting air travel for days, leaving many people stranded far from their destinations. Weather has been responsible for nearly 70 percent of flight delays this year, compared with just under 61 percent during the same period last year, according to federal data. But many more were delayed: about 25 percent over the past two months, up from about 19 percent in the same period in 2019.

Organizations: . Airlines, Southwest Airlines, Newark Liberty International Airport

☆ Ed Yardeni sees S&P 500 rising to a record as high as 5,400 within the next 18 months
▼ + stars: | 2023-07-17 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Market veteran Ed Yardeni believes we are already in a new bull market and the S & P 500 could potentially climb nearly 20% in the next 18 months in the cycle. His target range represents a gain of between 6.5% and 19.9% from the S & P 500's Friday close of 4,505.42. "I've been thinking for quite some time that we're in a recession, but I argued that it's a rolling recession, not an economy-wide recession. .SPX 1Y mountain S & P 500 Yardeni praised the U.S. central bank for bringing down inflation effectively. The S & P 500 has jumped more than 17% this year after scoring its best first half since 2019.

Persons: Ed Yardeni, Yardeni, meltdowns Organizations: Yardeni Research, Federal Reserve, Street, Deutsche Bank, Wall Street, CNBC Locations: U.S

The SEC raised the same concerns with Nasdaq (NDAQ.O) over a recent filing for a spot bitcoin ETF from BlackRock (BLK.N), the person said. According to Cboe's Fidelity bitcoin ETF filing, The company's platform represented roughly half of U.S. dollar-bitcoin trading in May. The recent filings for bitcoin ETFs by BlackRock and Fidelity have sent the price of bitcoin soaring more than 20% since June 15 to one-year highs. "It's not surprising to hear that the SEC is pushing back a little bit," he said of the bitcoin ETF applications. The SEC has rejected dozens of spot bitcoin ETF applications in recent years, including one from Fidelity in January 2022.

Persons: Cboe, Coinbase, Binance, it's, John Reed Stark, bitcoin, Ed Moya, It's, Carolina Mandl, John McCrank, Manya, Michelle Price, Shinjini Ganguli, Alexander Smith, David Gregorio Our Organizations: Fidelity, U.S . Securities, Exchange Commission, SEC, Nasdaq, WisdomTree, Coinbase, Cboe, BlackRock, ., Internet, Manya Saini, Thomson Locations: BlackRock, Nasdaq, Manhattan, New York, Bengaluru

☆ SEC spells out bitcoin ETF concerns to asset managers
▼ + stars: | 2023-06-30 | by ( Carolina Mandl | ) www.reuters.com time to read: +2 min

The SEC has communicated its concerns to the exchanges Nasdaq (NDAQ.O) and Cboe Global Markets (CBOE.Z) which filed the applications on behalf of asset managers including BlackRock (BLK.N) and Fidelity, the source added on Friday. Bitcoin , which has jumped since BlackRock filed its application on June 15, fell after the Wall Street Journal first reported the SEC rejection on Friday. The SEC, Fidelity, BlackRock and Nasdaq declined to comment on the report, while Cboe was not immediately available. The SEC has rejected dozens of spot bitcoin ETF applications in recent years, including one from Fidelity in January 2022. In a bid to address these concerns, the BlackRock and Fidelity filings proposed a surveillance mechanism aimed at preventing manipulation, but the applicants did not name which bitcoin exchange would be involved.

Persons: Cboe, Carolina Mandl, Manya, Shinjini Ganguli, Michelle Price, Alexander Smith Organizations: U.S . Securities, Exchange Commission, SEC, Nasdaq, Cboe, BlackRock, Fidelity, Wall Street Journal, Marathon, Manya Saini, Thomson Locations: BlackRock, cyptocurrencies, New York, Bengaluru

☆ Fidelity spot bitcoin ETF application refiled with U.S. SEC
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

June 29 (Reuters) - Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot bitcoin exchange-traded fund, according to a filing by listing exchange Cboe Global Markets (CBOE.Z) with the U.S. Securities and Exchange Commission. Fidelity is one of several big asset managers that have applied to list bitcoin ETFs recent weeks. The SEC has rejected dozens of spot bitcoin ETF applications in the past few years, including one from Fidelity in January 2022. The first bitcoin futures ETF was approved in October 2021, helping send the volatile bitcoin to an all-time high of $69,000 in November 2021, and raising hopes that a spot bitcoin ETF would soon be approved. Spot ETFs directly track the price of the cryptocurrency, while futures-based ETFs follow the price of bitcoin futures contracts.

Persons: VanEck, Bitcoin, Niket, John McCrank, Shinjini Ganguli, Shweta Agarwal, Daniel Wallis Organizations: Fidelity, U.S . Securities, Exchange Commission, BlackRock, Nasdaq, NYSE Arca, Intercontinental Exchange Inc, Coinbase, SEC, Thomson Locations: Bengaluru, New York

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