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☆ Perez on pole in Saudi Arabia as Verstappen hits trouble
▼ + stars: | 2023-03-18 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

"You really feel the Formula One cars coming alive in this place and maximising that lap was very important," said Perez of what was also his second career pole. "Every session was going really well, every time we were on the track the car was working really well. Mercedes' George Russell and Ferrari's Carlos Sainz will share the second row with Canadian Lance Stroll fifth for Aston Martin and Esteban Ocon sixth for Renault-owned Alpine. Seven times world champion Lewis Hamilton, winner in Saudi Arabia in 2021, will start seventh for Mercedes. "It was really, really on the limit," he said.

☆ Inside a women-only poker night at the New York Stock Exchange: 'If it's worth betting, it's worth raising'
▼ + stars: | 2023-03-16 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

BNY Mellon threw a women-only poker night at the NYSE to celebrate International Women's Day. Hours after the markets had closed, I was at the New York Stock Exchange learning how to play poker. This women-only poker night was thrown by Bank of New York Mellon on March 9, the day after International Women's Day. "Aggression is actually a winning strategy," said AJ Rudolph, the director of education and technology at Power Poker, as she walked us through the basics of poker. The Poker Power chips featured Frida Kahlo, Malala Yousafzai, Maya Angelou, and Rosie the Riveter.

☆ Silicon Valley Bank seizure leaves a massive hole — and a large opportunity — in the world of climate finance
▼ + stars: | 2023-03-15 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +7 min

"Nobody understands startups as well as Silicon Valley Bank and how to lend to them," says Zachary Bogue, a long-time tech investor and cofounder of DCVC. "Silicon Valley Bank understood that even though we may have only had $10,000 or so in deposits at the time, we had a lot of potential," Clerico told CNBC. "That early investment in our relationship paid off," Clerico told CNBC. In this, the bank "was a climate bank pioneer," said Steph Speirs, co-founder and CEO of Solstice Power Technologies, which has built a technology to help connect people to community solar projects. But it will take some time, and delays can be costly in the fight against climate change," Bhatraju told CNBC.

☆ Watch CNBC's full interview with Garcia Hamilton Associates' Gilbert Garcia and Stifel's Lindsey Piegza
▼ + stars: | 2023-03-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Garcia Hamilton Associates' Gilbert Garcia and Stifel's Lindsey PiegzaGarcia Hamilton Associates' Gilbert Garcia and Stifel's Lindsey Piegza join 'Power Lunch' to discuss Fed hikes going forward, the impact of Silicon Valley Bank's crisis on Fed policy and expectations for upcoming CPI data.

☆ Staying in British castles may be easier — and cheaper — than you think
▼ + stars: | 2023-03-10 | by ( Lucy Handley | Chris Dwyer | ) www.cnbc.com time to read: +6 min

Storied Collection is a travel website that lists heritage hotels and homes — including private castles — so vacationers who love history can easily find accommodations that suit them. The Royal Crescent Hotel & Spa is located inside the Royal Crescent, a row of terraced houses built between 1767 and 1775. Hauge and Goldin, with the help of former CEO of Best Western UK Rob Paterson, launched Storied Collection in 2022. Surnames of previous owners include Cooper, Bingham and Synge, according to Storied Collection. The drawing room of the Sir Percy Blakeney Suite at the Royal Crescent Hotel & Spa in Bath, England.

☆ Fed's been clear a rate increase will cause a necessary period of pain, says Stifel's Lindsey Piegza
▼ + stars: | 2023-03-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed's been clear a rate increase will cause a necessary period of pain, says Stifel's Lindsey PiegzaGarcia Hamilton Associates' Gilbert Garcia and Stifel's Lindsey Piegza join 'Power Lunch' to discuss Fed hikes going forward, the impact of Silicon Valley Bank's crisis on Fed policy and expectations for upcoming CPI data.

Chase Sapphire Reserve® cardholders and up to two guests can access the space for free. The Sapphire Terrace isn't exactly a lounge — in fact, it's not at all part of the Chase Sapphire Lounge by The Club network. This isn't a short-term space; Chase says it will be a multiyear experience available at no charge to Chase Sapphire Reserve® cardholders and up to two guests. Hopefully, since it's only accessible to Chase Sapphire Reserve® cardholders, it will have a more elite feel. If you're not yet a Chase Sapphire Reserve® cardholder, be sure to read our full Chase Sapphire Reserve credit card review for a close look at everything the card has to offer.

☆ Spring training roundup: Mets win Kodai Senga’s debut start
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +6 min

Cardinals catcher Tres Barrera was responsible for the only hit and run Senga allowed, a solo shot to left in the second. Francisco Lindor and Pete Alonso hit solo home runs and Tim Locastro hit a pair of RBI doubles and scored on a throwing error for New York. The Rays got their two runs from solo homers by Jose Siri and Randy Arozarena. Jake Rogers hit his third home run of spring training for the Tigers. The Athletics, who have flirted with a move to Las Vegas, played a two-game spring training series this weekend at Las Vegas Ballpark.

☆ Black Ferns secure Olympic berth with fourth world series title
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +1 min

The Black Ferns, who won in Tokyo in 2021 by beating France in the final, added to their success in the world series following their triumphs in Sydney, Hamilton and Cape Town. They extended their lead at the top spot of the standings with two tournaments remaining - in Hong Kong and Toulouse. "Our goal from the beginning of this season was to qualify for Paris 2024. While we have now qualified for the Olympics, our season hasn't finished yet," said Black Ferns captain Sarah Hirini after Sunday's win over their trans-Tansman rivals. The Olympic Games will be held in Paris next year from July 26 to Aug. 11.

☆ This fund is trouncing the S&P 500 by focusing on international stocks
▼ + stars: | 2023-03-05 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

A fund once led by an investing great known for finding opportunities in distressed assets is beating the market — but with a somewhat different focus. The Third Avenue Value Fund (TVFVX) outperformed the S & P 500 in 2022, rising 11.2% while the broad-market index shed 19.4%. 'Go where the opportunities are' Fine said that can happen by looking at both country and industry trends. The fund had just over 40% and 30% of its holdings in small- and mid-cap companies, respectively, at the end of 2022. portfolio manager Matt Fine Fine was able to work under Whitman and eventually take over the value fund, which is one of the first the company created, in 2017, a year before Whitman died.

☆ Stroll reveals he broke toe as well as both wrists
▼ + stars: | 2023-03-04 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

MANAMA, March 4 (Reuters) - Aston Martin's Lance Stroll qualified eighth for Sunday's season-opening Bahrain Grand Prix and then revealed he had broken a big toe as well as both wrists in a cycling accident two weeks ago. I had a broken big toe on the right foot as well. "I came out of surgery 12 days ago, got out of the hospital 10 days ago kind of thing. I'm not as worried now as I was a week ago," added the son of billionaire team owner Lawrence. He said the broken toe was painful "but not anything that's limiting me to drive" and he was taking over-the-counter painkillers.

☆ F1 stewards exempt Hamilton after 'disfigurement' fear
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

MANAMA, March 3 (Reuters) - Formula One stewards exempted Lewis Hamilton from a jewellery ban at the season-opening Bahrain Grand Prix on Friday after accepting he risked disfigurement if a nose piercing was removed. Hamilton, 38, has worn a permanent nose stud in his left nostril for years and photographs in Bahrain have shown him also with one on the right. He explained at last October's Singapore Grand Prix, when he was also given an exemption, that taking the left one out had caused the piercing to become infected. The stewards in Bahrain said in a statement they had consulted the FIA medical delegate who examined Hamilton and agreed with the request for a continued exemption. "We have determined to take no further action as there are concerns about disfigurement with frequent attempts at removal of the device," the stewards explained.

☆ Mercedes are on the wrong track, says Hamilton
▼ + stars: | 2023-03-03 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

MANAMA, March 3 (Reuters) - Mercedes are on the wrong track with their car and may not be even third fastest, seven-times Formula One world champion Lewis Hamilton said after a difficult first Friday of practice in Bahrain. With Aston Martin setting the fastest lap of all with Fernando Alonso, Hamilton suggested Mercedes may have dropped as far as fourth in the pecking order. "It is not where anyone in the team wants to be or deserves to be because everyone works so hard, but we are just on the wrong track. We have to graft away and get ourselves on the right track, but right now we are long way off the guys in front." Mercedes technical director Mike Elliott told reporters that changes would be made, particularly to the stand-out slimline sidepods.

☆ Uber drivers reveal the 5 worst things passengers can do during a ride. You could be guilty of doing them without even realizing.
▼ + stars: | 2023-03-02 | by ( Kate Duffy | ) www.businessinsider.com time to read: +6 min

Five Uber drivers told Insider about the worst types of passengers they pick up. You may not like it, but you could be an Uber driver's worst nightmare. They pick up all sorts of people during their shift, and five told Insider how unpleasant some passengers can be. Five drivers told Insider about the worst things passengers do during a trip. Unlike traditional cabs, Uber drivers have to wait two minutes until they can start getting paid for a trip.

☆ Mick Schumacher feels no need to watch 'Drive to Survive'
▼ + stars: | 2023-03-02 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

MANAMA, March 2 (Reuters) - Mick Schumacher's Formula One struggles last season feature strongly in the latest run of 'Drive to Survive' but the German says he feels no need to watch the Netflix docu-series. "I didn't watch it...that's a personal choice," Schumacher told Reuters when asked about the series at a 75th anniversary event for sportswear maker Puma at the season-opening Bahrain Grand Prix. "I just don't necessarily feel the need to watch myself on TV, I guess." Schumacher muses separately, in a frank scene on a Swiss mountainside, about the difficulties he faces and his determination to succeed. With the retirement of four times world champion Sebastian Vettel, the only German driver is veteran Nico Hulkenberg as Schumacher's replacement at Haas.

☆ NHL roundup: Connor McDavid's historic multi-goal streak hits 5
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +4 min

McDavid has scored two goals in each of the past five games and has an NHL-leading 52 for the season. Klim Kostin and former Maple Leaf Zach Hyman added a goal and an assist for the Oilers, who had lost their previous two games. Mitchell Marner logged a goal and an assist for the Maple Leafs, who had a three-game winning streak end. Owen Tippett and Scott Laughton scored one goal apiece for the slumping Flyers, who have dropped four in a row. Jordan Staal and Martin Necas scored goals for Carolina, which took its second straight loss.

☆ Spring training roundup: Pirates, O’s play unneeded bottom of 9th
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +5 min

Orioles catcher Maverick Handley called balls and strikes thrown by teammate right-hander Ofreidy Gomez during the half inning. The Pirates opened a 5-0 lead before the Orioles put up four runs across the fifth and sixth innings, thanks in part to Franchy Cordero's two-run home run. Kevin Pillar had a two-run homer and an RBI single to power the Braves' offense. Phillies 7, Blue Jays 2Trea Turner hit a two-run single and finished 2-for-3 with a run as host Philadelphia took care of Toronto in Clearwater, Fla. Jace Peterson cracked a three-run homer for the Athletics.

☆ A 100 year-old stock market indicator is flashing bearish signals that point to more pain ahead for investors
▼ + stars: | 2023-03-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

There is a bearish divergence developing between the Dow Jones Transportation Average and the Dow Jones Industrial Average. While the transports index made a higher high in January, the transportation average did not. Dow Theory is a more than 100-year old technical indicator that suggests if transportation companies are doing well, so should the broader economy. Dow theory suggests that the relationship between the two indexes could send a broader signal to investors about the future direction of the stock market. "These bearish divergences into late 2022 and early 2023 show a disconnected equity market, keeping the bearish signal for Dow Theory from early 2022 intact," Suttmeier said.

☆ Drivers urged to help steer F1 away from 'moral vacuum'
▼ + stars: | 2023-02-28 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

LONDON, Feb 28 (Reuters) - Lewis Hamilton and other Formula One drivers can help steer the sport away from a 'moral vacuum' by speaking out at season-opening races in Bahrain and Saudi Arabia, human rights campaigners said on Tuesday. One is a road which is a moral vacuum where the leaders and the administrators seem to going," he said. It called for an independent enquiry to examine the role of races in human rights violations. Bahrain's government has said it "actively supports the role Formula One can play in shedding light on human rights issues in all countries it operates in". Scriven said Formula One drivers would be justified in refusing to race in certain countries if the sport failed to put in place a proper ethical framework.

☆ NHL roundup: Roope Hintz's SO goal lifts Stars past Knights
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +8 min

Rookie Wyatt Johnston also scored a goal and Jamie Benn added two assists for the Stars. Eichel and Michael Amadio both scored goals for Vegas, which saw its five-game home winning streak snapped. Patrik Laine had a goal with two assists and Kirill Marchenko scored twice for the Blue Jackets, who swept the two-game season series from Edmonton. It was Oshie's first career game with a goal, assist and a fight, known as a Gordie Howe hat trick. Tyler Toffoli scored, Jacob Markstrom turned away 18 shots and Nazem Kadri had an assist in his return to Colorado.

☆ NHL roundup: William Nylander's OT goal lifts Leafs past Wild
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +4 min

Mandatory Credit: Dan Hamilton-USA TODAY SportsFebruary 25 - William Nylander scored at 1:05 of overtime and the Toronto Maple Leafs defeated the visiting Minnesota Wild 2-1 on Friday night. David Kampf also scored for the Maple Leafs, who have won two in a row. Brandon Duhaime scored for the Wild, who had won their fourth straight game 2-0 on Thursday against the Columbus Blue Jackets. Canadiens 5, Flyers 2Jesse Ylonen had one goal and one assist to lift Montreal past host Philadelphia. Compher and Nathan MacKinnon each had a goal and an assist for visiting Colorado in a win over Winnipeg.

☆ NHL roundup: Bruins edge Kraken on Jake DeBrusk's late tip-in
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +7 min

Brandon Carlo scored the first of the Bruins' two third-period goals, while McAvoy and Hampus Lindholm had two assists apiece. The winning goal was DeBrusk's third goal in three games since returning from injuries. Minnesota killed off its 22nd straight penalty in the win and has not given up a power-play goal in nine straight games. Oilers 7, Penguins 2Connor McDavid had two goals and two assists as Edmonton scored seven straight goals to defeat host Pittsburgh. Vincent Trocheck scored the only goal for the Rangers, who have lost three straight following a seven-game winning streak.

☆ Mercedes’s F1 Dynasty Ended With a Thud. Toto Wolff Has a Plan to Bring it Back.
▼ + stars: | 2023-02-23 | by ( Joshua Robinson | Jonathan Clegg | ) www.wsj.com time to read: 1 min

Toto Wolff was at the Miami Grand Prix last spring, gazing out at the most sophisticated cars in the world racing around the sun-baked, palm-fringed circuit, when a jarring realization hit him like a bucket of cold water at 180 mph. His Mercedes team, Formula One’s eight-time defending constructors’ champion and arguably the greatest dynasty in modern sports history, wasn’t just off the pace. It was completely uncompetitive. The run of dominance that he had helped to build as Mercedes team principal was coming to a definitive conclusion. Seven-time world champion Lewis Hamilton would finish the season without a single Grand Prix victory for the first time in his entire career.

☆ ChatGPT launches boom in AI-written e-books on Amazon
▼ + stars: | 2023-02-21 | by ( Greg Bensinger | ) www.reuters.com time to read: +8 min

In the edition, Sammy the Squirrel, crudely rendered also using AI, learns from his forest friends about saving money after happening upon a gold coin. While that may not sound like much, it is enough to inspire him to compose other books using the software. There were over 200 e-books in Amazon’s Kindle store as of mid-February listing ChatGPT as an author or co-author, including "How to Write and Create Content Using ChatGPT," "The Power of Homework" and poetry collection "Echoes of the Universe." There is even a new sub-genre on Amazon: Books about using ChatGPT, written entirely by ChatGPT. In the video, White says anyone with the wherewithal and time could create 300 such books a year, all using AI.

Warburg has approached a number of Chinese investors including local government-backed entities and state-backed financial institutions for the new yuan fund, the people with knowledge of the matter said. The U.S. private equity (PE) firm plans to primarily focus on the healthcare and industrial technology sectors in China with the yuan fund, one of the people said. "RMB (yuan) funds are relatively independent and self-sustainable," he said. Sensitive sectors will remain closed to global private equity groups even if they raise yuan funds, she added. Emerging markets-focused Affirma Capital is also targeting a 2 billion yuan raising in its debut fund and reached first close at 1.5 billion yuan by end-2022, a person close to the situation said.

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