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☆ Alaska cancels snow crab season, threatening key economic driver
▼ + stars: | 2022-10-14 | by ( Evan Bush | ) www.cnbc.com time to read: +5 min

For the first time, crews in Alaska won't be braving ice and sea spray to pluck snow crab from the Bering Sea. The Alaska Department of Fish and Game canceled the snow crab season earlier this week after a catastrophic population crash of the sizable crustaceans. "It's going to be life-changing, if not career-ending, for people," said Dean Gribble Sr., a 63-year-old crab boat captain who has fished for "opies" — snow crab — since the late 1970s. In summer, many small snow crab make their habitat in a cold pool that forms on the Bering seafloor. The newspaper was the first to report the snow crab season closure.

☆ Germany needs to tackle inflation threat, wants transparency from China - Lindner
▼ + stars: | 2022-10-13 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

Inflation can bring that foundation to erosion," Lindner said in Washington. Speaking alongside Bundesbank President Joachim Nagel, Lindner said Germany has the means to address its weaknesses, including by investing in alternative energy resources. China has argued it would not take part in some cases unless the IMF and World Bank also took a haircut. "I have used the opportunity again to remind creditors, in particular China, of their own responsibility," Lindner said. It's regrettable that China did not accept the invitation to participate in the G7 roundtable with African countries.

☆ CPS workers search millions of homes a year. A mom who resisted paid a price.
▼ + stars: | 2022-10-13 | by ( Eli Hager | Eli Hager Is A Reporter For Propublica Covering Issues Affecting Children | Teens In The Southwest. | ) www.nbcnews.com time to read: +9 min

Ferguson, a nurse working 16-hour double shifts, knew instantly who she’d find in her hallway that day in February 2019. A domestic violence survivor who previously lived in a shelter, Ferguson had never been accused of child abuse, ACS case records show. But many parents don’t know that they have the right to deny these government agents or don’t push back for fear of losing their children, according to parents and their advocates. It’s a staggering reality — likely millions of warrantless searches a year — and one that has not been reported before. Ferguson believes her constitutional rights were violated that day at her apartment, and is now suing New York City in federal court.

☆ Siemens signs deal to supply equipment for gigafactories JV
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

Gigafactories is a generic term referring to facilities that produce batteries for electric vehicles on a large scale. Under the deal, Siemens will become ACC's preferred supplier for automation, digitalisation and electrification technology. Terms of the partnership, which is part of the Siemens Xcelerator open digital platform launched earlier this year, have not been revealed. "ACC uses virtually the entire spectrum of Xcelerator - from factory construction to production automation to building services," Siemens managing board member Cedrik Neike told Reuters. Siemens on Thursday also announced a deal with electric vehicle company Volta Trucks to deliver electric charging infrastructure for truck customers, to help the transition to electrified vehicles.

☆ German harmonised inflation +10.9% y/y in September
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Oct 13 (Reuters) - Germany's consumer prices, harmonised to compare with other European countries, were 10.9% higher year-on-year in September, the Federal Statistical Office said on Thursday, confirming preliminary figures. On a non-harmonised basis, consumer price inflation was also confirmed. The office offers more detailed economic data on its website. Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray, editing by Rachel MoreOur Standards: The Thomson Reuters Trust Principles.

☆ Bad Bunny dominates American Music Award nominations
▼ + stars: | 2022-10-13 | by ( Lisa Richwine | ) www.reuters.com time to read: +2 min

Bad Bunny performs during his World's Hottest Tour at SoFi Stadium in Inglewood, California, U.S., September 30, 2022. Bad Bunny received a total of eight AMA nominations and will compete for artist of the year against British singers Adele and Harry Styles and Canadian musician The Weeknd. Bad Bunny's other nods included favorite male pop artist, favorite music video and favorite touring artist. If Bad Bunny wins all eight awards he is eligible for, he would tie 1980s superstars Michael Jackson and Whitney Houston for the most AMA wins in a single year. In country music categories, Chris Stapleton, Luke Combs and Morgan Wallen are among the nominees for favorite male country artist.

☆ Factbox: Key nominees for the 2022 American Music Awards
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

LOS ANGELES, Oct 13 (Reuters) - Nominations were announced on Thursday for the 2022 American Music Awards. Fan votes will determine the winners, and the awards will be presented at a televised ceremony in Los Angeles on Nov. 20. Following is a list of key nominations:ARTIST OF THE YEARAdeleRegister now for FREE unlimited access to Reuters.com RegisterBad BunnyBeyonceDrakeHarry StylesTaylor SwiftThe WeekndNEW ARTIST OF THE YEARDove CameronGAYLELattoManeskinSteve LacyCOLLABORATION OF THE YEARCarolina Gaitan, Mauro Castillo, Adassa, Rhenzy Feliz, Diane Guerrero, Stephanie Beatriz & Encanto Cast -- "We Don’tTalk About Bruno"Elton John & Dua Lipa -- "Cold Heart"Future featuring Drake & Tems -- "Wait for U"Lil Nas X ft. Jack Harlow -- "Industry Baby"The Kid LAROI & Justin Bieber -- "Stay"FAVORITE TOURING ARTISTBad BunnyColdplayEd SheeranElton JohnThe Rolling StonesFAVORITE MUSIC VIDEOAdele -- "Easy On Me”Bad Bunny featuring Chencho Corleone -- "Me Porto Bonito"Harry Styles -- "As It Was"Lil Nas X featuring Jack Harlow -- "INDUSTRY BABY"Taylor Swift -- "All Too Well (Taylor’s Version)"FAVORITE MALE POP ARTISTBad BunnyDrakeEd SheeranHarry StylesThe WeekndFAVORITE FEMALE POP ARTISTAdeleBeyonceDoja CatLizzoTaylor SwiftFAVORITE POP DUO OR GROUPBTSColdplayImagine DragonsManeskinOneRepublicFAVORITE POP SONGAdele -- "Easy On Me"Carolina Gaitan, Mauro Castillo, Adassa, Rhenzy Feliz, Diane Guerrero, Stephanie Beatriz & Encanto Cast -- "We Don’tTalk About Bruno"Harry Styles -- "As It Was"Lizzo -- "About Damn Time"The Kid LAROI & Justin Bieber -- "STAY"FAVORITE MALE COUNTRY ARTISTChris StapletonCody JohnsonLuke CombsMorgan WallenWalker HayesFAVORITE FEMALE COUNTRY ARTISTCarrie UnderwoodLainey WilsonMaren MorrisMiranda LambertTaylor SwiftFAVORITE COUNTRY DUO OR GROUPDan + ShayLady AOld DominionParmaleeZac Brown BandFAVORITE MALE HIP-HOP ARTISTDrakeFutureKendrick LamarLil BabyLil DurkFAVORITE FEMALE HIP-HOP ARTISTCardi BGloRillaLattoMegan Thee StallionNicki MinajFAVORITE ROCK ARTISTImagine DragonsMachine Gun KellyManeskinRed Hot Chili PeppersThe LumineersFAVORITE K-POP ARTISTBLACKPINKBTSSeventeenTomorrow X TogetherTwiceRegister now for FREE unlimited access to Reuters.com RegisterReporting by Lisa Richwine; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

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☆ Germany needs to tackle inflation threat, wants fairness from China - Lindner
▼ + stars: | 2022-10-13 | by ( Andrea Shalal | ) www.reuters.com time to read: +1 min

"Inflation is the biggest danger for our economic foundation, inflation can bring that foundation to erosion," Lindner said in Washington. Register now for FREE unlimited access to Reuters.com RegisterThe latest forecasts suggest Germany is on the brink of recession and the central bank sees inflation staying at over 7% next year. Speaking alongside Bundesbank President Joachim Nagel, Lindner said German growth had slipped behind other countries because it was especially vulnerable to Europe's energy crisis and supply chain disruptions. Germany has the means to address its weaknesses, including by investing in alternative energy resources, Lindner said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Andrea Shalal; writing by Matthias Williams, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ American Music Awards 2022: See the full list of nominees
▼ + stars: | 2022-10-13 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +3 min

The Puerto Rican performer is the most-nominated artists for the 2022 American Music Awards, earning eight nominations, among them his first-ever for artist of the year. Beyoncé, Drake and Taylor Swift each earned six nominations, while Adele, Harry Styles and The Weeknd came in with five a piece. And elsewhere, Elton John made history for what the show called being “the longest-recognized artists” in the show’s history. The show also boasted about the addition of a new category dedicated to the K-Pop genre, favorite K-Pop artist. The American Music Awards will air Sunday, November 20 at 8 p.m.

☆ BASF to slash costs in Europe, takes writedown on Nord Stream 1
▼ + stars: | 2022-10-12 | by ( Ludwig Burger | ) www.reuters.com time to read: +1 min

FRANKFURT, Oct 12 (Reuters) - German chemicals group BASF (BASFn.DE) said it would slash annual costs by 500 million euros ($485 million) in Europe until 2024 and look into restructuring its chemical sites in the region over the longer term after it was hit by high energy prices. It cited significantly weaker earnings in Europe due to "deteriorating framework conditions" and a loss in Germany in the third quarter. In an unscheduled statement, BASF also said its third-quarter net income was below market expectations due to a 740 million euro writedown linked to the Nord Stream 1 gas pipeline. BASF, which is due to publish detailed results on Oct. 26, said global third-quarter sales and operating income before special items came in slightly higher than analysts had expected, buoyed by a strong U.S. dollar. ($1 = 1.0320 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Ludwig Burger, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ Volkswagen to invest up to 2 bln euros in JV with China's Horizon Robotics - reports
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +1 min

Volkswagen logo is pictured at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Brendan McDermid/File PhotoBERLIN, Oct 12 (Reuters) - Volkswagen (VOWG_p.DE) plans to to invest up to 2 billion euros ($1.94 billion) in a joint venture with China's Horizon Robotics, Handelsblatt and Manager Magazin reported on Wednesday. Reuters reported earlier that VW planned a significant investment in a joint venture in the country for software production. It operates numerous joint ventures in China, holding a 75% stake in its venture with JAC (600418.SS), a 50% stake with SAIC (600104.SS) and 40% with FAW (SASACJ.UL). ($1 = 1.0304 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Kirsti Knolle, Victoria Waldersee, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

A logo is seen on the facade of the BASF plant in Schweizerhalle near Basel July 7, 2009. REUTERS/Christian Hartmann/File PhotoFRANKFURT, Oct 12 (Reuters) - BASF (BASFn.DE) is to reduce annual costs by 500 million euros ($485 million) in Europe up to 2024, including job cuts, as the German chemicals group took a 740 million euro writedown linked to the Nord Stream 1 pipeline. BASF cited significantly weaker earnings in Europe due to "deteriorating framework conditions" and a loss in Germany in the third quarter as reasons for the cutbacks. Register now for FREE unlimited access to Reuters.com RegisterThe group said its third-quarter net income was below market expectations due to the 740 million euro writedown linked to the Nord Stream 1 gas pipeline. A BASF spokesperson said job cuts would be part of the efficiency drive, declining to give a number.

EU energy ministers meeting in Prague will attempt to provide clearer instructions on what the European Commission should propose as the bloc's next emergency energy measure. With gas prices almost 90% higher than a year ago, most EU countries say they want a gas price cap, but disagree on its design. Those discussions "went in all directions", one EU diplomat said - referring to the numerous options being floated, including a price cap on all gas, pipeline gas, or just gas used to produce electricity. Some countries, including Germany, Europe's biggest gas consumer, oppose a broad gas price cap, fearing it would leave Europe struggling to attract supplies from price-competitive global markets this winter. Norway's energy minister Terje Aasland, who joined Wednesday's meeting along with other European non-EU members, said his country "doesn't recommend" a gas price cap.

☆ German union calls on Amazon workers to strike during sale
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 11 (Reuters) - German trade union Verdi on Tuesday called on workers at nine Amazon distribution centres across Germany to go on strike this week, during the company's second major sales event this year, to pressure the retailer into collective bargaining agreements. The union said the strikes would begin and end at different times at the various locations to make it hard for the company to react. "Strikes have to hurt, even for a giant like Amazon," said Monika Di Silvestre, who is coordinating the strikes. Amazon's two-day "Prime Early Access Sale" shopping event for members, which starts Tuesday, is much like the Prime Day summer marketing blitz and will compete with early discounts from rival retailers for customers grappling with inflation-squeezed Christmas budgets. Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray Editing by Madeline ChambersOur Standards: The Thomson Reuters Trust Principles.

☆ Givaudan's quarterly growth slows on North America weakness, shares fall
▼ + stars: | 2022-10-11 | by ( Silke Koltrowitz | ) www.reuters.com time to read: +2 min

An employee mixes liquid fragrances in a bottle in a laboratory of Swiss flavours and fragrances maker Givaudan in the town of Duebendorf, Switzerland November 5, 2015. Group sales rose 6.1% on a like-for-like basis and 7.7% in Swiss francs, reaching 5.458 billion Swiss francs ($5.45 billion) in the first nine months of 2022. However, sales in the group's taste and wellbeing unit that makes flavours for food and drinks fell 2.8% in North America, implying an even stronger slowdown in the third quarter. Givaudan's shares, down almost 37% so far this year, were 6.4% lower at 0801 GMT. Givaudan confirmed its mid-term target of 4-5% average organic sales growth per year on a like-for-like basis.

☆ Givaudan on track to offset higher input costs as sales rise
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Arnd WiegmannZURICH, Oct 11 (Reuters) - Swiss fragrance and flavour maker Givaudan (GIVN.S) said on Tuesday it was on track to implement price increases to offset higher input costs after like-for-like sales rose 6.1% in the first nine months of 2022. Sales were up 6.1% on a like-for-like basis and 7.7% in Swiss francs, reaching 5.458 billion Swiss francs ($5.45 billion) in the nine-month period, the Geneva-based company said. Register now for FREE unlimited access to Reuters.com RegisterSales in Givaudan's fragrance and beauty business rose 5.8% at 2.489 billion francs, helped by almost 15% higher fine fragrance sales, Givaudan said. Sales in its taste and wellbeing unit increased by 6.4% to 2.969 billion francs despite a hit from COVID-19 measures in China, the company said. Givaudan confirmed its mid-term target of 4-5% average organic sales growth per year on a like-for-like basis.

☆ Volkswagen targeting 20-30% automation at new electric vehicle plant
▼ + stars: | 2022-10-11 | by ( Victoria Waldersee | ) www.reuters.com time to read: +1 min

WOLFSBURG, Oct 11 (Reuters) - Volkswagen (VOWG_p.DE) is looking at automating 20-30% of production at its upcoming Trinity plant near its Wolfsburg headquarters, the plant's chief production officer said on Tuesday. "Assembly is still 90% manual work," Sebastian Schmickartz said at a suppliers summit in Wolfsburg. The Trinity plant, where the German carmaker will build a new flagship electric sedan, is due to begin pre-series production in 2025, with the official start of production in 2026. Volkswagen brand production chief Christian Vollmer told Reuters earlier this year the carmaker hoped this production strategy would help boost its productivity and keep its upper hand in the European market. Register now for FREE unlimited access to Reuters.com RegisterReporting by Victoria Waldersee, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ Decoupling from China not an option for EU firms - Dombrovskis
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 11 (Reuters) - Decoupling from China is not an option for companies in the European Union, EU trade commissioner Valdis Dombrovskis told an engineering conference in Berlin on Tuesday, as the Ukraine war redefines how the bloc sees its important trade partners. "The EU should continue engaging with China with pragmatism and without naivety. Besides China, the EU's relations with its other important trade partner, the United States, have also changed, he said. Dombrovskis argued that the green subsidies provided for in the act discriminate against the EU's automotive, renewables, battery and energy-intensive industries. Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray Editing by Madeline Chambers, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Strikes hit building that houses empty German consulate in Kyiv, Berlin says
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 10 (Reuters) - A high-rise office building that houses a German consulate in Kyiv was hit during Russian missile strikes on Monday morning, the foreign ministry said, though no officials were present as the consulate has been empty for months since war broke out. "No work has gone on in the building for months," a foreign ministry spokesperson told a briefing, adding that the German government was in contact with officials in Kyiv to assess the extent of the damage to the site. Germany condemned the Russian strikes, which killed at least 10 people and were launched in retaliation for Ukrainian attacks, including on a bridge to Crimea. Ukraine's President Volodymyr Zelenskiy will address a virtual meeting of Group of Seven (G7) leaders on Tuesday. Separately at the same government briefing, the defence ministry spokesperson said Germany expected to deliver an air defence system to Ukraine very soon and deliver three more next year, without giving exact timelines.

☆ Swiss drugs regulator approves one of Pfizer's COVID-19 booster shots
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Oct 10 (Reuters) - Swiss drugs regulator Swissmedic said on Monday it had temporarily approved Pfizer's COVID-19 booster shot targeting the original and BA.1 Omicron coronavirus variants. Swissmedic added that the data currently available to it was not yet sufficient to make a decision on Pfizer's bivalent booster vaccine targeting the BA.4 and BA.5 Omicron variants. Register now for FREE unlimited access to Reuters.com RegisterWriting by Miranda Murray, editing by Rachel MoreOur Standards: The Thomson Reuters Trust Principles.

☆ Siemens Energy CEO eyes chairman role at Gamesa - Handelsblatt
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 10 (Reuters) - Siemens Energy Chief Executive Christian Bruch is planning to take on the role of chairman of the board of directors at Siemens Gamesa once the takeover of the Spanish wind turbine maker has been completed, Handelsblatt reported, citing company sources. A Siemens Energy (ENR1n.DE) spokesperson declined to comment. Siemens Energy in May announced plans to bid 4.05 billion euros ($3.93 billion) for the remaining third of Siemens Gamesa (SGREN.MC) it does not already own, hoping to get a better handle on ongoing problems at the wind turbine maker. Register now for FREE unlimited access to Reuters.com RegisterIt is not uncommon for CEOs to take on the position of chairman at majority-owned subsidiaries that are listed on the stock exchange. ($1 = 1.0309 euros)Register now for FREE unlimited access to Reuters.com RegisterWriting by Rachel More and Christoph Steitz, editing by Kirsti Knolle and Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

An EU official said Austria was undertaking "diplomatic outreach" to potentially interested countries. Austria, Germany, Luxembourg, Portugal and Denmark jointly called for nuclear to be excluded from the rules last November when the EU was still drafting them. Ireland and Spain had also warned Brussels against labelling investments in gas as "green". Gewessler said labelling gas, a fossil fuel, as a green energy investment had damaged the credibility of the EU rules. Environmental campaigners including Greenpeace launched separate legal challenges last month against the rules, which they said violated the EU's own climate laws.

☆ Germany to deliver air defence system to Ukraine within days -defence ministry
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 10 (Reuters) - Germany will deliver the first of four IRIS-T SLM air defence systems to Ukraine within days, German Defence Minister Christine Lambrecht said on Monday. "The renewed missile fire on Kyiv and the many other cities show how important it is to supply Ukraine with air defence systems quickly," Lambrecht said in a statement. "Russia's attacks with missiles and drones terrorize the civilian population in particular. That is why we are now providing support especially with air defence weapons." read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Kirsti Knolle, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

For years, the LGBTQ+ community has had to focus more on survival than wealth-building. Why we need to build wealth in the LGBTQ+ communityIf you hear words like "wealth" and "investing" and cringe, you're not alone. Here's one: Wealth in our culture means security and power, and the LGBTQ+ community can wield those to make a difference. Here are some tips for building wealth within the LGBTQ+ community. Search for fee-only, fiduciary advisors in your ZIP code, and filter for terms like "LGBTQ family."

Latinos are underrepresented in the media industry workforce across film, radio, television, newspapers and digital platforms, according to the report. Latinos are 19% of the nation's population, almost 1 in 5 Americans, and 18% of workers outside the media industry. The largest percentage of Hispanic media industry workers were employed in service worker positions (19%) — which include food, cleaning and personal and protective services, according to the latest available reports submitted by media companies to the U.S. In positions that can influence the content audiences consume, Latinos were far less represented: They made up only 7% of professional media industry positions such as actors, producers, directors, writers, reporters and editors. When Latinos did see themselves represented in content, they felt "it was inaccurate" in most cases, de Armas said.

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