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They also say stop jumping around from task to ask and be weary of collaborating with others. Specifically, Maria Ibanez and a colleague have found that inspections that occur later in the day result in fewer violations. Each subsequent hour an inspector conducts inspections during the day results in 3.7% fewer citations per inspection that day, likely due to fatigue. For instance, after an inspection that yielded a particularly high number of violations, inspectors were likelier to spot extra violations at the next joint, too. A study from two Kellogg School professors — Nicola Persico and Rob Bray — tested this idea by altering the way Italian appellate labor court judges schedule court hearings.
LISBON, April 21 (Reuters) - Portugal's government fired the chief executive of flag carrier TAP last month without a legal assessment of the move, Finance Minister Fernando Medina has acknowledged, deepening a high-profile scandal around the state-owned airline. His remarks in parliament late on Thursday contradicted claims by two fellow ministers a day earlier that the government had obtained a legal opinion backing the decision. This heightens chances of the state losing a potential lawsuit by the sacked executives worth millions of euros. After Ourmières-Widener called her sacking "illegal", the main opposition Social Democrats warned that unless the decision had proper legal backing, the state could lose an eventual court dispute. In a tweet, Liberal Initiative party leader Rui Rocha called the situation a "festival of incoherence and total disrespect for parliament".
UNITED NATIONS, April 21 (Reuters) - A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve any new vessels unless their operators guarantee the transits will be done by May 18 - "the expected date of ... The letter was sent to the United Nations by Russia's JCC officials on Wednesday. The United Nations declined to comment on the Russian letter. Russian Foreign Minister Sergei Lavrov is due to meet with U.N. Secretary-General Antonio Guterres in New York on Monday and will discuss the future of the Ukraine grain export deal. To help persuade Russia to allow Ukraine to resume Black Sea grain exports, a separate three-year pact was also struck in July in which the U.N. agreed to help Russia export food and fertilizer.
French police working with EU on luxury antitrust probe
  + stars: | 2023-04-21 | by ( ) www.reuters.com   time to read: +1 min
LONDON, April 21 (Reuters) - French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said on Friday. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector in multiple EU countries, but did not name the companies involved or specify the potential breaches it was investigating. Reuters reported on Wednesday that the Milan headquarters of Gucci, owned by Kering (PRTP.PA), had been inspected by Italian tax police and EU antitrust officials as part of the probe. Kering confirmed the inspection and said it was fully cooperating with the European Commission. Asked by Reuters if French companies had also been targeted by the EU inspections, which would be conducted in cooperation with local authorities, a police spokesperson said: "We're in an ongoing investigation", declining to elaborate.
After a yearlong feud, Disney sued DeSantis on Wednesday, alleging that the Florida governor tried to "weaponize government power" over the company. The state Board of Education voted on Wednesday to expand that law to cover grades four to 12. Under the leadership of Governor DeSantis, our state has seen record growth in jobs, GDP, and net domestic in-migration. It was the first time the board met since the revelation of the agreement between the prior district board members and Disney. On April 19, the state board approved a ban on classroom discussion of sexual orientation and gender identity for all grades, including grades four through 12.
The feud began after the entertainment giant spoke out last March against a controversial piece of legislation critics have called the Don't Say Gay bill. The state Board of Education voted on Wednesday to expand that law to cover grades 4 to 12. The new district board also is considering more inspection regulations, building workforce affordable housing on land that borders the resort and theme park, and selling the district-owned utilities. It was the first time the board met since the revelation of the agreement between the prior district board members and Disney. On April 19, the state board approved a ban on classroom discussion of sexual orientation and gender identity for all grades, including grades 4-12.
Between staging glossy runway shows and dressing stars for the red carpet, Gucci is a company accustomed to the glare of the spotlight. This week, however, that attention might have felt less comfortable after its Italian offices were raided by European Union antitrust officials. The unannounced inspection was the latest in a series of regulatory actions, as antitrust officials ratchet up scrutiny of the fashion industry over possible anticompetitive practices. In March, the European Commission, the bloc’s executive arm, carried out investigations into several beauty and fragrance companies linked to the supply of fragrance ingredients. Last year, some fashion houses were raided in connection with sustainability targets developed by the industry, including changes in sales periods and discounting strategies that regulators later deemed as potential violations of competition law.
Luxury industry under scrutiny as EU targets Gucci and others
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +2 min
PARIS, April 20 (Reuters) - Europe's flourishing luxury goods industry was under scrutiny on Thursday after European Union antitrust regulators started inspecting a Gucci facility in Milan as part of an investigation spanning several countries. The article prohibits agreements that restrict, prevent or distort competition within the EU and which have an effect on trade between EU member states. Kering (PRTP.PA), the French-listed owner of Gucci, late on Wednesday confirmed a Reuters report on the inspection, adding that it was cooperating fully with the European Commission investigation into the industry. Companies found guilty of breaking EU rules face fines of as much as 10% of their global turnover. The Commission said on Tuesday that the latest action was not related to other raids involving the fashion industry in the past two years.
PARIS, April 20 (Reuters) - Europe's flourishing luxury goods industry was under scrutiny on Thursday after European Union antitrust regulators inspected Gucci's Milan headquarters this week as part of an investigation spanning several countries and companies. Reuters reported on Wednesday that as part of the probe EU antitrust regulators were inspecting a facility of luxury goods company Gucci in Milan, one of the fashion capitals of the world. The inspection of the Gucci site was aimed at possible violations of the European Union's Article 101, according to a source with direct knowledge of the matter. The article prohibits agreements that restrict, prevent or distort competition within the EU and which have an effect on trade between EU member states. Kering (PRTP.PA), the French-listed owner of Gucci, late on Wednesday confirmed the inspection, adding that it was cooperating fully with the European Commission investigation into the industry.
Reuters reported on March 9 (here) that the Kansas Republican legislature passed a bill banning transgender athletes from competing in female school sports if they were born male. The bill banned transgender girls and women from female sports teams in public elementary schools, middle schools, high schools, and colleges, and from private school teams that compete against public schools. Bill HB 2238 (here) restricts “participation on women’s teams to female students” and provides a basis for legal action if the act is violated. Nothing in the bill specifies how the biological sex of the students is to be determined. The Kansas bill HB 2238 does not contain any reference to genital inspections of student athletes, nor does it specify how state education groups should implement the new law restricting participation in girls’ sports teams.
Gucci is part of French luxury goods group Kering (PRTP.PA). The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector in several EU countries. The Commission, which acts as the competition enforcer in the 27-country EU, did not name the companies or the countries, in line with its policy. The European Commission declined to comment on Wednesday. Companies found guilty of breaching EU rules face fines of as much as 10% of their global turnover.
Tesla set to report first-quarter earnings after the bell
  + stars: | 2023-04-19 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +2 min
Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. Tesla is scheduled to report first-quarter earnings for 2023 after the close of trading on Wednesday. A month earlier, Musk announced plans to build a Tesla factory in Monterrey, Mexico, a day's drive from a relatively new factory in Austin, Texas. And more recently, Tesla said it plans to set up a factory to make Megapacks, or large lithium ion battery-based energy storage systems, in Shanghai. WATCH: CFRA's Garrett Nelson bullish on long-term earnings growth for Tesla
CNN —China is making “significant progress” building the country’s fifth research facility in Antarctica after a several years-long lull in construction, according to a report by the Center for Strategic and International Studies (CSIS). The site – a research station China has hailed as a means to expand its scientific investigation in the Antarctic – could also be used to enhance the country’s intelligence collection, according to CSIS. In February 2020, a team of US inspectors visited the station, where they were hosted by station leader Wang Zhechao of the Polar Research Institute of China. China has established four scientific research bases in Antarctica since 1984, according to the Chinese Academy of Sciences. Under the 1959 treaty Antarctic Treaty, to which China is party, activities on the continent are restricted to “peaceful purposes.”Military personnel are allowed to conduct scientific research, but may not set up bases, test weapons of carry out maneuvers.
Just as the housing market goes through booms and busts, so do the ranks of real-estate agents. This has left real-estate agents fighting over a dwindling pool of listings. That makes the job of a local real-estate agent trickier and more nuanced than it was a year ago. "What makes a good real-estate agent and what makes a successful real-estate agent have almost no crossover." She joined a women's support group for real-estate agents on Facebook, where she found many others were experiencing similar challenges.
He wrote on Facebook that "ship inspections are being resumed, despite the RF's (Russian Federation's) attempts to disrupt the agreement." Kyiv says Russian inspectors stopped letting through vessels supposed to ship grain from Ukraine. "Obviously, the Russians could not fail to take advantage of these nuances on the western (Ukrainian) border," Solsky told reporters. RIA quoted the Russian foreign ministry as on Wednesday as saying Ukraine and the United Nations were causing difficulties with the ship inspections. Ukraine and Poland reached an agreement on Tuesday to unblock transit of Ukrainian grain from Friday, but the import bans remain in place in Poland, Slovakia and Hungary.
MILAN/BRUSSELS, April 19 (Reuters) - EU antitrust regulators and Italian tax police inspected a facility of luxury goods company Gucci as part of a European Union investigation spanning several countries and companies, two sources with knowledge of the matter said on Wednesday. Gucci is part of French luxury goods group Kering (PRTP.PA). The second source said other fashion companies outside the Kering group had been targeted by similar inspections. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector in several EU countries. The European Commission declined to comment on Wednesday.
DeSantis' board overseeing Disney is considering new taxes, public transit, and housing. The board met for the first time since Disney's surprise maneuver. The five-member board met Wednesday for the first since Disney stealthily arranged a deal that would allow the theme park and resort to maintain control of its land, virtually in perpetuity. Much of the meeting made the legal case for the new board moving ahead, despite the maneuver Disney pulled last month. Firefighters who work for Disney's district said the previous board failed to give them the resources they needed to do their jobs, including new ambulances, even as Disney grew.
Shortly after, Disney publicized Disneyland's first official LGBTQ event for Pride Month. DeSantis and Disney have been publicly feuding, including over Florida's "Don't Say Gay" law. Ron DeSantis said during a press conference that he could build a state prison next to Orlando's Walt Disney World Resort. Disney tweeted on Monday afternoon that "Disneyland After Dark: Pride Nite" would be coming to Disneyland in Anaheim, California, during Pride Month. The governor, smiling, said that "another state prison" could be a good use of the land.
SummarySummary Companies Three EU states have banned Ukrainian grain, food importsRomania looks set to follow suitUkraine also trying to salvage Black Sea grain dealWARSAW, April 18 (Reuters) - Poland agreed on Tuesday to lift a ban on the transit of Ukrainian grain and food products, but Ukraine said a wartime deal allowing it to safely ship grain from Black Sea ports was still under threat. Failure to resume exports into eastern European countries or secure an extension of the Black Sea grain deal would trap large amounts of grain in Ukraine, hitting its exports and causing further economic problems for Kyiv as it battles Russian troops. Large quantities of Ukrainian grain have been trapped by bottlenecks in eastern and central Europe as low global prices and demand mean grain cannot easily be sold on. BLACK SEA GRAIN DEAL IN DOUBTUkraine, which relies on grain and food sales for a significant slice of its gross domestic product, also has concerns about the Black Sea Grain Initiative brokered between Moscow and Kyiv by Turkey and the United Nations last July. Russian Foreign Minister Sergei Lavrov will discuss the Ukraine Black Sea grain export deal with U.N. Secretary-General Antonio Guterres in New York next week, Russia's U.N. envoy said on Tuesday.
The GOP-controlled legislature introduced an amendment to take away Disney's control over its land. Ron DeSantis seize back control of the board that oversees Walt Disney World's special tax district. The amendment aims to nullify Disney's actions from February, in which the mega-corporation stealthily rendered toothless a board DeSantis appointed to make decisions about its land. At that time, DeSantis said, the group would also work separately to void the Disney loophole that stripped them of their power. Unlike rival parks Universal Studios and Sea World, Disney doesn't have to run their plans by zoning commissions or building-inspection departments.
Managed money net position in Chicago wheat futures and optionsMost-active CBOT wheat futures had shed 2.5% in the period. They also reduced their net long in Minneapolis wheat to 245 futures and options contracts from 694 a week earlier. wheat rose 1.2% and CBOT wheat gained 1.3%. CBOT wheat has also displayed considerable weakness versus CBOT corn, as front-month wheat’s advantage to corn slipped below 15 cents per bushel Thursday, the lowest since July 2021 and below long-term averages. The record net long is 154,550 contracts set in April 2019, and it is very rare for funds to be short cattle.
UKRAINE BLACK SEA GRAIN EXPORT DEALBrokered by the United Nations and Turkey, the deal has so far allowed Ukraine to safely export more than 27 million tonnes of grain from several of its Black Sea ports. Under the deal:- Russia, Ukraine, Turkey and the United Nations set up a Joint Coordination Centre in Istanbul, staffed by officials from each party. - Ukraine can safely export grain and related foodstuffs and fertilizers, including ammonia, from the ports of Odesa, Chernomorsk and Yuzhny. DEAL TO PROMOTE RUSSIAN FOOD AND FERTILIZER EXPORTSTo help persuade Russia to allow Ukraine to resume its Black Sea grain exports last year, a separate three-year agreement was also struck in July last year in which the United Nations agreed to help Russia with its food and fertilizer exports. The United States has pushed back on Moscow's demands, saying "the only prohibitions on food and fertilizer exports from Russia are those imposed by the government" of Russia.
KYIV, April 17 (Reuters) - Kyiv said on Monday a U.N.-brokered initiative allowing the safe Black Sea export of Ukrainian grain was in danger of "shutdown" after Russia blocked inspections of participating ships in Turkish waters. Ukrainian Black Sea ports were blockaded after Russia's invasion last year, but access to three of them was cleared last July under a deal between Moscow and Kyiv that was brokered by the United Nations and Turkey. Russia did not respond to Brink's or the ministry's comments, but the Kremlin said prospects for a renewal of the grain deal were "not so bright". Moscow says a separate deal, under which the U.N. agreed to help Russia with its food and fertilizer exports, is not working. "Ukraine categorically rejects Russia's latest demands and opposes its interference in the operation of Ukrainian ports," the ministry said.
These include the MAX 7, MAX 8, and the MAX 8200, which is a high-capacity version of the MAX 8 variant. American has 42 MAX planes in its fleet and 88 on order. The carrier has 137 MAX planes in its fleet with firm orders for 417, plus another 147 as options. Though Boeing and its partners are still assessing the impact of the most recent delivery stoppage, delivery delays have become a serious trend for the planemaker. And, Boeing said despite its recent 787 delivery pause, it didn't "anticipate a change to our production and delivery outlook for the year."
HONG KONG, April 14 (Reuters Breakingviews) - Macau, once the world’s largest gambling hub, is far from a sure bet. For MGM China (2282.HK) and Sands China (1928.HK), the highest is two-thirds more than the lowest, for example. Uncertainty is compounded by onerous obligations companies have to help Macau reduce its dependence on gaming. Take $16 billion MGM Resorts International (MGM.N), whose Japanese resort received a green light on Friday. There’s also $13 billion Wynn Resorts (WYNN.O), which is pushing into the fast-growing United Arab Emirates.
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