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[1/2] A man watches television while cooling himself with an electric ventilator as temperatures rise during an unusual heat wave, in Monterrey, Mexico June 15, 2023. On Wednesday, daily demand was projected to peak even higher at 51,782 megawatts per hour, according to Cenace data. Meanwhile, neighboring Texas urged power conservation after the grid operator on Tuesday evening issued a warning for "projected reserve capacity shortage". In Michoacan state, one town had been without electricity for several days, after an energy transmitter exploded. The heat wave in Mexico is forecast to continue for several more days.
Persons: Daniel Becerril, Cenace, Jorge Musalem, Andres Manuel Lopez Obrador, Isabel Woodford, Adriana Barrera, Lisa Shumaker Organizations: REUTERS, MEXICO CITY, National Center for Energy Control, Twitter, Local, CFE, Thomson Locations: Monterrey, Mexico, MEXICO, Texas, Michoacan
[1/2] Andrew Tate and Tristan Tate are escorted by police officers outside the headquarters of the Directorate for Investigating Organized Crime and Terrorism in Bucharest (DIICOT) after being detained for 24 hours, in Bucharest, Romania, December 29, 2022. Inquam Photos/Octav Ganea via REUTERS/File... Read moreBUCHAREST, June 20 (Reuters) - Romanian prosecutors sent social media influencer Andrew Tate, his brother Tristan and two other suspects to trial on Tuesday on charges of human trafficking, rape and forming a criminal gang to sexually exploit women. The brothers, former kickboxers who have U.S. and British nationality, are the highest profile suspects to be sent to trial for human trafficking in Romania. "Im sure this case has absolutely nothing to do with stealing my wealth," Andrew Tate said on his Twitter account. Prosecutors have said the Tate brothers recruited their victims by seducing them and falsely claiming to want a relationship or marriage.
Persons: Andrew Tate, Tristan Tate, Ganea, Read, Tristan, Tate, Prosecutors, cryptocurrency, Luiza Ilie, Jason Hovet, Alexandra Hudson, Angus MacSwan Organizations: Terrorism, REUTERS, Prosecutors, U.S . State Department, Thomson Locations: Bucharest, Romania, BUCHAREST
Zulie Rane makes six figures as a content creator. But when you're burgeoning into a full-time content creator, you absolutely will require a personal brand. All you really need for a home office as a content creator is a desk, a phone, and a closed-off area. I was ready to take my YouTube content to the next level. Zulie Rane is a full timc content creator.
Persons: Zulie Rane, Rane, , it's, Nick Wolny Organizations: Service, YouTube, Research Locations: Boston
Can You Still Be a Femme Fatale if You’re Butch?
  + stars: | 2023-06-20 | by ( Kristen Arnett | ) www.nytimes.com   time to read: +2 min
In due course the novel offers a steamy love story, and Patrick proves to be a deft hand at the erotic. I do mean “hand” — an important word when it comes to queer sex, for obvious reasons. How they look at her informs her relationship to her butch body. It makes her transparent to the headmaster, who cannot recognize her as a sexual rival for his femme wife’s affections. Then there’s “the Housemistress,” the other butch working at the school, who becomes a kind of talisman.
Persons: Patrick, hawkishly, They’re licked, There’s, butch, ,
CNN —American golfer Gordon Sargent was the victim of a freak incident at the US Open on Sunday as he watched his two-and-a-half-foot putt bounce out of the hole. Sargent, who has just finished his sophomore year at Vanderbilt University, ended the tournament on four-over-par to claim low amateur honors – a medal awarded to the amateur with the best performance at the US Open. His impressive one-under final round included a bizarre moment on the 18th when his seemingly perfect putt somehow ended outside the hole. It has since been adjusted back into place.”Although the issue with the hole cost him a shot, Sargent still took low amateur honors by nine strokes at Los Angeles Country Club. “I think it just gives you confidence and also kind of shows what you need to work on,” he said.
Persons: Gordon Sargent, Sargent, , ” Sargent, “ Haven’t, , , Jordan Spieth, Matt Fitzpatrick, Jon Rahm, Scottie Scheffler Organizations: CNN, Vanderbilt University, USGA, Los Angeles Country Club
The International Monetary Fund approved a bailout of nearly $3 billion in March, which Sri Lanka expects will bring additional funding of up to $4 billion from the World Bank, the Asian Development Bank and other multilateral agencies. Of the proposed World Bank funding, $500 million will be for budgetary support and is likely to come in two tranches of $250 million each, one of the sources, from the World Bank, said. All four sources, from the World Bank and the Sri Lankan finance ministry, sought anonymity as they were not authorised to talk to the media. "Households that have registered for support will be ranked ... and the lowest 2 million will be eligible for support," the source added. The World Bank and the finance ministry did not immediately respond to requests for comment.
Persons: Read, Uditha Jayasinghe, Krishna N Organizations: Bank, Sri, Reuters, Monetary Fund, World Bank, Asian Development Bank, IMF, Thomson Locations: Colombo, Sri Lanka, COLOMBO, Sri Lankan
China's top graft-busting watchdog earlier this year vowed to eliminate ideas of a Western-style "financial elite" and rectify the hedonism of excessive pursuit of "high-end taste". Industrial and Commercial Bank of China (ICBC) (601398.SS) and China Construction Bank Corp (CCB) (601939.SS) plan to cut some allowances of employees at the banks' headquarters from this year, two sources familiar with the matter said. Domestic rival China International Capital Corp (CICC) (3908.HK) last month cut this year's bonuses for investment bankers by 30%-50% from a year earlier, Reuters has reported, citing sources with knowledge of the matter. Besides anti-corruption crackdown and "common prosperity" drive, financial firms are also reining in the flashy lifestyle of their staff to make sure they are not violating the Communist Party's ideology, said industry officials. China's securities regulator and the central bank cut the budget allocation for employee salaries in 2023, following reforms ordered as part of a broader drive to reduce income disparity, Reuters reported last month.
Persons: Xi Jinping's, CCB, Xin Sun, Sun, Xie Yu, Julie Zhu, Selena Li, Ziyi Tang, Binbin Huang, Rong Ma, Sumeet Chatterjee, Lincoln Organizations: Industrial, Commercial Bank of China, China Construction Bank Corp, Securities, Reuters, China International Capital Corp, HK, Party, King's College London, Thomson Locations: China, HONG KONG, Beijing, Hong Kong, Shanghai
Washington, DC CNN —Americans are feeling upbeat about inflation and the economy, according to the University of Michigan’s latest consumer survey released Friday. Consumers’ inflation expectations for the year ahead retreated for the second straight month, declining to 3.3% early this month from 4.2% in May. That’s good news for the Federal Reserve, which closely watches sentiment surveys to gauge the expectations consumers and businesses have for price hikes. “The sharp drop of short-term consumer inflation expectations points to another slowdown in the June CPI report, which will be out before the Fed’s next decision,” wrote Bill Adams, chief economist at Comerica Bank, in an analyst note. However, Federal Reserve Chair Jerome Powell said in his news conference this week that inflation expectations remain in check.
Persons: , Bill Adams, Jerome Powell, That’s, Christopher Waller Organizations: DC CNN, University of Michigan’s, Federal Reserve, Comerica Bank, Federal Reserve Bank of New, National Federation of Independent Business, Federal Locations: Washington, Federal Reserve Bank of New York, Norway
Crowd: “No justice, no peace.” Floyd’s death triggered major protests in Minneapolis, and sparked rage across the country. Officers Thomas Lane and J. Alexander Kueng step out of the car and approach the blue S.U.V. According to the criminal complaints filed against the officers, Floyd says he is claustrophobic and refuses to enter the police car. Her footage shows that despite calls for medical help, Chauvin keeps Floyd pinned down for another seven minutes. Chauvin kept his knee on Floyd’s neck for over eight minutes, according to our review of the video evidence.
Persons: It’s, George Floyd, , Derek Chauvin, Floyd, , Thomas Lane, J, Alexander Kueng, Lane, yanks Floyd, Tou Thao, Thao, Chauvin, Kueng, Darnella Frazier, I’ve, ” Floyd, Bro, They’ve, He’s, “ Floyd, George Floyd’s Organizations: Police, Cup Foods, yanks, Foods, Minneapolis Police Department Locations: Minneapolis, Houston, Floyd, United States
The man was 46-year-old George Floyd, a bouncer originally from Houston who had lost his job at a restaurant when the coronavirus pandemic hit. According to the criminal complaints filed against the officers, Floyd says he is claustrophobic and refuses to enter the police car. Her footage shows that despite calls for medical help, Chauvin keeps Floyd pinned down for another seven minutes. Officer: “Get back on the sidewalk.” According to the complaints against the officers, Lane asks him twice if they should roll Floyd onto his side. The widely circulated arrest videos don’t paint the entire picture of what happened to George Floyd.
Persons: It’s, George Floyd, , Derek Chauvin, Floyd, , Thomas Lane, J, Alexander Kueng, Lane, yanks Floyd, Tou Thao, Thao, Chauvin, Kueng, Darnella Frazier, I’ve, ” Floyd, Bro, They’ve, He’s, “ Floyd, George Floyd’s Organizations: Police, Cup Foods, yanks, Foods, Minneapolis Police Department Locations: Minneapolis, Houston, Floyd, United States
Then, a deep dive into MrBeast and what his YouTube empire says about the future of the internet. Reddit came along and said, oh, we need to protect Reddit from the rise of these large language models. So I don’t think they’re totally out of the woods. But I don’t think people would say it was a golden age for how safe the platforms fell to use. But I want to challenge you on this, because I don’t necessarily think that it’s a bad thing if we have past peak trust and safety.
Persons: kevin roose, you’ve, casey newton, casey newton Yes, I’ve, there’s, kevin roose I’m, Kevin Roose, ” casey newton, Casey Newton, Casey, Reddit, casey newton Right, roose, Steve Huffman, you’re, Kevin, It’s, They’re, casey newton Well, they’ve, we’re, Huffman, , Redditors, We’ve, Everyone’s, we’ve, I’m, let’s, Sam Walton, Max, kevin roose Hey, kevin roose Oh, kevin roose Max Read, MrBeast, it’s, Jimmy Donaldson, He’s, Willy Wonka, he’s, somethings, haven’t, kevin roose We’ll, We’ll, kevin roose She’s, she’s, kevin roose MrBeast, Jeremiah, jeremiah howard, Jeremiah Howard who’s, Jimmy, Burger, You’re, Stefan Molyneux, PewDiePie, Paul, Let’s, Raman, kevin roose It’s, MrBeast financials, doesn’t, Logan Paul, they’re, Vincent Miller, Jon Hamm’s, Matthew Weiner’s, kevin roose Max, Will, Max Read, ” kevin roose, casey newton Max, Robert F Kennedy, COVID, Kennedy, Instagram, Connor Roy, Marjorie Taylor Greene, Robert F Kennedy Jr, Elon, Donald Trump, We’re, Jim Jordan, kevin roose Totally, Alex Jones, casey newton Totally, Kate Kalanick, Trump, Tucker Carlson, aren’t, — casey newton, hasn’t, Rachel Cohn, Jen Poyante, Caitlin Love, Alyssa Moxley, Dan Powell, Elisheba Ittoop, Marion Lozano, Sofia Lanman, Rowan Niemisto, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresi, Jeffrey Miranda Organizations: The New York Times, Twitter, YouTube, Lamborghini, Netflix, Walmart, News, Producers, Meta, Instagram, COVID, Democratic, Washington Post, Apple, Republicans, Facebook, 4chan, Republican Party, Trump, Fox News, Stanford, Davis Locations: Hawaii, Reddit, Greenville , North Carolina, hysterics, New Jersey, New York, Greenville, North Carolina, Central, United States, Bay, San Francisco, Stanford
It’s a ‘Superhero Cape’ for the Wrist
  + stars: | 2023-06-15 | by ( Victoria Gomelsky | ) www.nytimes.com   time to read: +2 min
WONG I totally hear you about the superhero cape. WONG I don’t know if I’d call myself a collector. I know collectors who have rooms of watches and they don’t know what they have. I’m going to come out and say I am a watch collector because I actually do put some thought into curating what I have. I experienced the best version of a watch meet-up on my very first one because it was a very diverse group.
Persons: WONG, Richard Mille, you’re, Suzanne, , I’ve, Complecto Locations: New York
During a press roundtable event at the Cartier booth at Watches and Wonders, Cyrille Vigneron, the brand’s chief executive, said that A.I. “By having so much data coming from call centers or web inquiries or even what words customers use on comments or on their own social media, you have a lot of words,” Mr. Vigneron said. “What we’ve done for the last five years is be distinctively ourselves,” Mr. Vigneron said. “That’s collective intelligence, and not artificial.”Expansion plansBrands aren’t the only watch-world entities looking to optimize their operations with A.I. Wristcheck, a Hong Kong retailer of pre-owned watches, is planning to introduce what it calls Wristcheck Intelligence this year.
Persons: Cyrille Vigneron, Cartier, Mr, Vigneron, , , “ We’re, ” Mr, ” Austen Chu Organizations: Cartier, Normale, A.I Locations: Hong Kong
The central bank is also likely to keep intact a pledge to "patiently" sustain massive stimulus to ensure Japan sustainably achieves its 2% inflation target accompanied by wage hikes. The BOJ review comes after the Federal Reserve's decision on Wednesday to pause interest rate hikes as it closely watches the lagged economic impact of past monetary tightening. But he also said the BOJ will "act swiftly" if its inflation projections prove wrong, and pointed to signs that corporate price-setting behaviour was starting to change. With companies offering the largest pay hikes in three decades, the BOJ is also dropping hints that Japan's prolonged era of wage stagnation may be ending. In an academic paper issued in May, the BOJ said inflation and wage growth could accelerate abruptly once costs exceed a certain threshold - and that once wages begin to rise, the trend could persist.
Persons: Kazuo Ueda, Ueda, Leika Kihara, Sam Holmes Organizations: Bank of Japan, Federal, Reuters, Thomson Locations: BOJ, TOKYO, Japan
An angry, aggrieved former leader attacks the institutions he once led for accusing him of flouting the rules and lying about it. And yet, Britain’s Conservative Party has regularly stood up to Mr. Johnson while the Republican Party is still mostly in thrall to Mr. Trump. On Monday, the House of Commons will vote on whether to accept or reject the committee’s findings. The government said it would not pressure Tory lawmakers to vote one way or the other. That sets up a potential repudiation of Mr. Johnson by his party that could go far beyond the token number of Republican lawmakers in the House of Representatives who voted to impeach Mr. Trump in 2019 and 2021.
Persons: Donald J, Trump, Boris Johnson, Johnson, thrall, Johnson’s, preemptively, Mr Organizations: Britain’s Conservative Party, Republican Party, Conservative Locations: Britain, United States, Downing
Stifling heat wave to grip U.S. South over holiday weekend
  + stars: | 2023-06-15 | by ( ) www.reuters.com   time to read: +2 min
[1/2] People purchase ice during a heatwave with expected temperatures of 102 F (39 C) in Dallas, Texas, U.S. June 12, 2022. Some 35 million people in southern Texas, Louisiana and Florida were under excessive heat warnings, watches and advisories from Thursday through the three-day Juneteenth weekend, the National Weather Service said. The growing frequency and intensity of severe weather across the U.S. is symptomatic of human-driven climate change, climate scientists say. New Orleans residents woke up to a brutal 96-degree heat index, the weather service said in a tweet. Reporting by Brendan O'Brien in Chicago; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Shelby Tauber, RyDavis, Brendan O'Brien, Jonathan Oatis Organizations: REUTERS, U.S, National Weather Service, Reliability, of Texas, Thomson Locations: Dallas , Texas, U.S, Texas, Florida, Texas , Louisiana, Austin, Louisiana, New Orleans, Miami, Chicago
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Persons: Dow Jones, richard, mille
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/men-wear-womens-watches-rolex-piaget-richard-mille-7f0ecceb
Persons: Dow Jones, richard, mille
The Fed remains focused on the labor market and cooling wage growth while raising unemployment as the key to bringing hot services inflation down. "I shared with him [a regional Fed president] that they should stop, not pause," said another CFO on the call. "The consumer is being smart," the CFO said, but the Fed focus on bringing unemployment up can break the consumer. "I gave this message to him [a Fed president]: we can manage through this with unemployment below 4%." CFOs said the labor market remains tight and the wage gains, while slowing, have created a higher wage base which can't be turned back.
Persons: Jerome Powell, Drew Angerer, That's, Wall, Randy Kroszner, CFOs, Sara Eisen, Kroszner, it's Organizations: Federal Reserve, Federal, Market, Fed, CNBC, CNBC Fed Survey, Chatham House, Corporations, University of Chicago Booth School of Business Locations: Washington ,
Does a recession in Europe hurt the US?
  + stars: | 2023-06-13 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
New York CNN —Slow consumer spending and sticky inflation have led to two consecutive quarters of economic contraction in the European Union. That means that the eurozone fell into a recession over the winter months, and growth this year is likely to be weak. If Europe sneezes, the economists ask, is it possible that the United States catches a cold? Akinci and Pesenti recently examined whether economic crises in Europe have affected the United States over the past thirty years. Strong employment and higher wages can mean higher inflation as companies pass on increased labor costs by raising the price of goods.
Persons: they’re, Ozge Akinci, Paolo Pesenti, , we’ll, We’ll, Janet Yellen, Emmanuel Macron, , Goldman Sachs, David Solomon, , Solomon, ” Solomon, haven’t, It’s, Alicia Wallace Organizations: CNN Business, Bell, New York CNN, European Union, Federal Reserve Bank of New, Organisation for Economic Co, US Federal Reserve, French, CNBC, Federal, CPI, Federal Reserve Locations: New York, United States, Europe, Federal Reserve Bank of New York, Greece, France
Solid-state batteries have been used in small electronic devices such as pacemakers and smart watches. Solid-state batteries can hold more energy than liquid lithium-ion batteries, a gain that would potentially speed the transition to EVs by addressing a consumer concern: range. That has made solid-state batteries far more expensive than liquid lithium-ion batteries. Honda is developing solid-state batteries but has not detailed a timeline for bringing them to market. Hyundai Motor (005380.KS), another Solid Power investor, has said it plans to mass produce solid-state batteries by 2030.
Persons: Tesla, Bill Gates, Tim Kelly, Sayantani Ghosh, Kevin Krolicki, Christopher Cushing Organizations: Toyota, Reuters, Tesla, Panasonic, Nissan, Honda, Volkswagen, Automotive Cells Co, Mercedes, Benz, ProLogium Technology, Ford, BMW, Hyundai, Solid Power, EV, Thomson Locations: TOKYO, SINGAPORE, U.S, Taiwan
With tennis, the stakes felt higher when rankings points, global recognition, and prize money were on the line. Puig has swapped tennis rackets for running shoes over the past year. Johnny PaceBut the sense of personal satisfaction she gets from running has endured, helping to ease the lingering pain of her retirement from tennis. As a tennis player, Puig always saw running as a form of punishment – never enjoyment. Now, Puig has also set her sights on competing in triathlons, as well as running the remaining marathon majors in Chicago, Berlin, and Tokyo.
Persons: CNN — Monica Puig, Puig, She’s, I’ve, ” Puig, “ I’ve, Johnny Pace, it’s, , I’m, It’s, Lintao Zhang, , Clive Brunskill Organizations: CNN, CNN Sport, Olympic, Rio – Puerto Rico’s, York City Marathon, Madrid, Games Locations: New York City, Boston, London, , Rio –, Chicago, Berlin, Tokyo, Augusta , Georgia, Puerto Rico, York, Beijing
Harvey Averne begins most days with a bialy and whitefish salad. He watches “Morning Joe,” plays with his cat, Coco Baby, and fields calls from Latin music legends like Joe Bataan at his eclectic but tidy Woodhaven, Queens apartment. Averne is one of the last of the Latin music giants: a Jewish kid from East New York who had a hand in the development of Latin music, from the borscht belt to boogaloo and salsa. “I didn’t understand a word they’re saying, but that’s OK — you don’t understand a word in the opera.”As a producer, manager and musician, Averne has a storied history behind the scenes at some of New York’s biggest Latin music labels. At his own Coco Records, which released Latin jazz and salsa, Averne’s work with the pianist Eddie Palmieri earned the first two Grammy Awards for Latin music.
Persons: Harvey Averne, , Coco Baby, Joe Bataan, Celia Cruz —, Averne, ” Averne, , Willie Colón, Larry Harlow, Ralfi Pagan, Ray Barretto, Eddie Palmieri Organizations: East New, Fania Records, Coco Records Locations: Woodhaven, Queens, East, East New York
The company is focusing on specific product categories and leaning into AI and authentication. The e-commerce marketplace, founded in 1995, recently grew quarterly revenues more than expected despite economic uncertainty and a challenging consumer environment. eBay has recently launched multiple product authenticity programs to promote trust in the platform and drive engagement in these categories. It's leaning into AI, building proprietary technology meant to improve eBay's visual search results and empower sellers to use generative AI in their product listings. From executives piloting eBay's AI initiatives to others connecting with sellers around the world, here are the 19 power players driving the company's next phase of growth.
Persons: GMV Organizations: eBay
London CNN —Swiss luxury watchmaker Omega says it has been the victim of “organized criminal activity,” alleging three of its former staff members admitted working with intermediaries to sell a fake Speedmaster watch for some $3.4 million dollars. The watch was bought by Omega itself for 3.115 million Swiss francs—25 times the auctioneer’s upper estimated price—at a Phillips auction in in Geneva in November 2021. “OMEGA and Phillips were the joint victims of organized criminal activity involving the selling of this specific watch by auction,” the statement added. “This timepiece is currently a key piece of evidence in the ongoing investigation that must also bring to light the seller of the watch. “The watch was bought by OMEGA for the OMEGA Museum and we understand from OMEGA that it has discovered that the watch is composed of unrelated parts from various sources, and that OMEGA employees may have been involved in assembling the watch.
Persons: , Omega, Phillips, , Giovanni Alegre, “ OMEGA, ” Phillips, Buzz Aldrin, Ryan Reynolds, George Clooney, Rory McIlroy Organizations: London CNN, Omega, Phillips, CNN, OMEGA, OMEGA Museum Locations: Swiss, Geneva, Bienne, Switzerland
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