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☆ SoftBank-backed gifting startup Sendoso just completed its fourth round of layoffs in the last 16 months
▼ + stars: | 2023-10-03 | by ( Samantha Stokes | Madeline Stone | ) www.businessinsider.com time to read: +4 min

SoftBank-backed gifting startup Sendoso laid off an undisclosed number of employees in its latest round of job cuts on Tuesday. This is the fourth time in the last 16 months that Sendoso has axed its headcount: the marketing startup in June 2022 laid off around 100 employees from its then 700-employee workforce, Insider previously reported . Sendoso most recently raised $100 million in a Series C funding round led by SoftBank Vision Fund. Better, which went public in August via a long-delayed SPAC deal, conducted another round of layoffs last month . Do you have information about job cuts at tech startups?

Persons: Sendoso, SoftBank, it's, —, Samantha Stokes, Madeline Stone Organizations: LinkedIn, U.S, Sendoso, SoftBank Vision, Greensill, Stock Locations: Ireland, sstokes@insider.com, mstone@insider.com

Underwood Archives/Getty Images Feinstein gets her makeup touched up for a photo shoot in San Francisco in 1955. Bettmann Archive/Getty Images Feinstein attends a campaign event for her mayoral run in San Francisco in 1971. Clem Albers/San Francisco Chronicle/Getty Images Feinstein attends a memorial service for assassinated Supervisor Harvey Milk in San Francisco in 1978. Roger Ressmeyer/CORBIS/VCG/Getty Images Feinstein speaks at the signing of an anti-gun bill at San Francisco City Hall in 1982. Douglas Graham/CQ Roll Call/Getty Images Feinstein greets first lady Hillary Clinton at the 2000 Democratic National Convention in Los Angeles.

Persons: Washington CNN — Dianne Feinstein, Feinstein, Gavin Newsom, Newsom, NBC’s “, ”, Feinstein’s, Ramsay Hunt, I’m, “, ” Feinstein, Lindsey Graham, Amy Coney Barrett, Leah Millis, Nancy Pelosi, Democratic Sen, Dick Durbin, Kevin McCarthy, Chuck Schumer, “ Dianne Feinstein, ” Schumer, Sen, Dianne Feinstein, Joe Biden, Celeste Sloman, Dianne Emiel Goldman, George Moscone, Harvey Milk, Duke Downey, Clem Albers, Janet Fries, Quentin Kopp, Sal Veder, Richard Blum, Walter Mondale, Georges, Roger Ressmeyer, Steve Ringman, Tony Bennett, Jeff Reinking, Neal Ulevich, Bishop Desmond Tutu, Eric Risberg, Willie Brown, Cecil Williams, Dr, Martin Luther King Jr, Paul Sakuma, Kim Komenich, Mark Reinstein, Barbara Boxer, Alan Greth, Ruth Bader Ginsburg, Carol Moseley, Braun, Doug Mills, Charles Tasnadi, Kathleen Brown, Bill Clinton, Dirck Halstead, Lisa Leslie, Gigi Goshko, Douglas Graham, Hillary Clinton, Clinton, Paul J, Richards, Orrin Hatch, Patrick J, Leahy, William H, Pryor Jr, Scott J, Ferrell, Arnold Schwarzenegger, Schwarzenegger, Tim Sloan, Rick Friedman, Condoleezza Rice, George W, Bush, Colin Powell, Chuck Kennedy, John Roberts, Mark Wilson, Eileen Mariano, Mariano, interning, Tom Williams, Carson, Jay L, Barack Obama, Ralf, Finn Hestoft, Hina Rabbani Khar, Brendan Smialowski, Jacquelyn Martin, AP Sen, Chuck Grassley, Christine Blasey Ford, Brett M, Kavanaugh, Ford, Donald Trump, Chip Somodevilla, Barrett, Bonnie Cash, Graham, Samuel Corum, Jonathan Ernst, Simone Biles, Larry Nassar, Aly Raisman, Maggie Nichols, McKayla Maroney, Bob Dole, Oliver Contreras, Kent Nishimura, Kevin Dietsch, Dianne Feinstein's, Moscone, Milk, CNN’s Dana Bash, Dan White, ‘ Dan, ’, Harvey, California’s, Bash, Richard Blumenthal, Bill Clark, Annette Bening, Donald Trump’s, South Carolina Republican Lindsey Graham’s Organizations: Washington CNN, Senate, California Democratic, Democratic, Press, Democrats, Democratic Party, Capitol, Senate Intelligence, California Democrat, Capitol Hill, CNN, Golden State ”, Illinois, Republican, New York Times, Underwood Archives, Getty, San Francisco City Hall, San Francisco, of Supervisors, Bettmann, San Francisco Chronicle, San Francisco Ice Company, White, Steiner, Forbidden, Democratic National Convention, United States Senate, United, United States women's, team, Convention, Washington Post, Circuit, Images California, McClatchy, Tribune, Service, Supreme, California, Rancho, Pakistan's, AP, Committee, White House, Los Angeles Times, Stanford University, San, Supervisors, Administration Committee, federal, Inc, South Carolina Republican, Judiciary, Intelligence, Appropriations Locations: Washington, California, San Francisco, America, ” San Francisco, Washington , DC, DC, Forbidden City, Beijing, China, Feinstein , California, Los Angeles, United States, New York, AFP, Boston, Rancho Bernardo, San Diego, San Francisco , California, Maryland, San Francisco County, Richard Blumenthal of Connecticut

☆ Why New Hampshire is the most likely state where Trump could lose a primary
▼ + stars: | 2023-09-24 | by ( Harry Enten | ) edition.cnn.com time to read: +5 min

He’s getting over 60% in a number of national surveys of the GOP primary and holds the advantage in every early state that’s been polled. Take a look at CNN’s most recent survey of the state’s GOP primary conducted by the University of New Hampshire. The fact that Trump’s share of the New Hampshire primary vote remains flat is notable. In 2016, New Hampshire GOP primary voters were twice as likely to identify as moderates and independents than Iowa Republican caucusgoers. And keep this in mind: The winner of the Iowa GOP caucuses rarely wins the New Hampshire GOP primary.

Persons: Donald Trump, He’s, that’s, Trump, Vivek Ramaswamy, Nikki Haley, Chris Christie, Ron DeSantis, isn’t, Christie, Haley, Ramaswamy, Ted Cruz, Marco Rubio, there’s, George W, Bush, Elizabeth Dole, John McCain, Dole, McCain, That’s, it’s Organizations: CNN, GOP, Trump, Granite State Republicans, University of New, South Carolina Gov, New, New Jersey Gov, Florida Gov, Fox, New Hampshire Republican, eventual, Republican Party, New Hampshire GOP, Iowa Republican caucusgoers, Iowa GOP, Republican Locations: New Hampshire, University of New Hampshire, New Jersey, Florida, UNH’s, Iowa, South Carolina, Arizona, . New Hampshire

☆ China's economic troubles have left some cities so cash-strapped they're resorting to bizarre fines, skipping bills, and slashing health coverage
▼ + stars: | 2023-09-21 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Some Chinese cities are majorly cash-strapped as the economy grapples with debt and deflation. Local governments have resorted to handing out bizarre tickets and shirking bills to make money. That's led some cities to start imposing bizarre fines in the hopes of scraping together enough cash to meet their obligations. The state-funded China's Endangered Species Fund, for instance, says it hasn't received cash from the government for about half a year. Experts have warned of a bleak future ahead for China's economy, which is straddled with big debt loads, a deflation problem, and still-sluggish demand from its two-year COVID-lockdown.

Persons: shirk, That's, hasn't Organizations: Service, CNN, Yuekai Securities, Species Fund, New York Times Locations: Wall, Silicon, Guangdong, China, Beijing, Shanghai, Weibo, Wuhan

☆ Singapore’s birth rate is at a record low — but ‘throwing money’ at the problem won’t solve it
▼ + stars: | 2023-09-18 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +6 min

Mai Yo | Klaud9 | Getty ImagesSINGAPORE — Almost two decades ago, Loh and her husband made a decision not to have children. Singapore's birth rate hit a record low in 2022, after years of decline. "There is a sense of instability is dragging people further away from having children," Zheng told CNBC. Shrinking labor forceA declining birth rate, coupled with an aging population, will have repercussions on Singapore's labor force. "Having fewer children means you have a smaller workforce that can contribute to the economy.

Persons: Mai Yo, Loh, Jaya Dass, " Dass, Wen Wei Tan, EIU's Tan, Tan, Mu Zheng, Zheng, Tan Poh Lin, Lee, Carlina, Dass Organizations: Institute of Policy Studies, Getty, SINGAPORE, CNBC, Singapore Department of Statistics, Ranstad's, Women, Getty Images Government, Economist Intelligence Unit, EIU, National University of Singapore, Lee Kuan Yew, of Public Locations: Singapore, Jaya, Jaya Dass Asia, Pacific, Covid, Ranstad's Asia, —, New York City, Singapore's

☆ Thailand to roll out more populist policies this year, says prime minister
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: +1 min

Srettha Thavisin, Thailand's prime minister, arrives at Thai Parliament in Bangkok, Thailand, on Monday, Sept. 11, 2023. Thailand will dole out 560 billion baht ($16 billion) to its 55 million adults in the next six months to spur domestic demand and investment, with new Prime Minister Srettha pitching the revival of a sluggish economy as his government's top priority. Thai Prime Minister Srettha Thavisin said on Monday his government will be rolling out more policies by the year's end to lower living costs, including gradually reducing electricity prices and raising the minimum daily wage. The economy is expected to grow 2.8% this year, but Srettha has a target of 5% annual growth. "In addition to lowering cost of living is increasing wages," he said, adding that an announcement could be expected in November.

Persons: Srettha, Srettha Thavisin Organizations: Thai, Southeast Locations: Thai, Bangkok, Thailand, El

☆ Once upon a time, the 'Disney adult' was ridiculed. Now, kidless millennials and Gen Z-ers with money to burn are packing into the parks — here's how Disney is winning them over.
▼ + stars: | 2023-09-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?

Persons: Sarah Rachul, I'm, Rachul, Orlando —, —, Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood

☆ DOJ fights uphill battle; Google a losing one
▼ + stars: | 2023-09-12 | by ( Ben Winck | ) www.reuters.com time to read: +5 min

The government, in its opening statements, argued that the $1.7 trillion company’s search engine partnerships illegally protected its monopoly, harming consumers. The problem for the DOJ is that consumers readily dole out their data, and not just to Google. Device manufacturers and browser creators choose Google because it’s the highest quality option, and users can easily pick another default search engine, John Schmidtlein, Google’s lead lawyer, argued. The government’s lawyers have their work cut out for them, but a DOJ loss won’t mean a Google victory. The company’s partnerships may set Google as the default search engine on devices and browsers, but users can usually change their default option with a few clicks.

Persons: General Merrick Garland, Jonathan Kanter, Kenneth Dintzer, Dintzer, Amit Mehta, John Schmidtlein, Google’s, DOJ doesn’t, Google's, Lauren Silva Laughlin, Sharon Lam Organizations: U.S . Justice, Alphabet's Google, Justice Department, Reuters, U.S . Department of Justice, Alphabet’s, Google, DOJ, Microsoft, Court, Big Tech, Alphabet’s Google, Thomson Locations: WASHINGTON

☆ Florida's mega-rich could pay $600K for annual home insurance in elite enclaves as the state is slammed with increasingly severe hurricanes
▼ + stars: | 2023-09-09 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Insurance rates in Florida have tripled in recent years, according to Bloomberg. For the ultra-rich, insurance companies could sell five- to six- figure policies. Homeowners across Florida have seen rates increase threefold in the past few years, the report found. Weather risks, along with a combination of other factors, have caused insurance companies to pivot and stop issuing new policies in Florida. California, a state that is prone to wildfires and extreme weather, has also experienced an exodus of insurance companies.

Persons: Diddy, Jennifer Lopez, Ken Griffin, Idalia, Mark Friedlander, Oscar Seikaly Organizations: Bloomberg, Service, Homeowners, Citadel, Sunshine State, National Weather Service, Insurance Information Institute, Farmers Insurance, AAA, Farm, Allstate, NSI Insurance Locations: Florida, Wall, Silicon, Florida's, Star, Texas, . California, Napa Valley

☆ US to send Ukraine new security aid worth $200 million
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

Military aid, delivered as part of the United States of America's security assistance to Ukraine, is unloaded from a plane at the Boryspil International Airport outside Kyiv, Ukraine February 11, 2022. REUTERS/Serhiy Takhmazov/File PhotoWASHINGTON, Aug 14 (Reuters) - The United States said on Monday it will send Ukraine new security assistance valued at $200 million, including air defense munitions, artillery rounds, and additional mine-clearing equipment. "I want to thank the United States today for the new package. Washington is currently working on a supplemental budget request to continue to aid Kyiv, the U.S. officials said. Monday's announcement of $200 million would be the first tranche of a $6.2 billion windfall of previously authorized Presidential Drawdown Authority (PDA), the officials said.

Persons: Serhiy Takhmazov, Antony Blinken, Volodymyr Zelenskiy, Paul Grant, Ismail Shakil, Bernadette Baum, Conor Humphries Organizations: Boryspil, REUTERS, United, Reuters, Pentagon, Munitions, Patriots, Thomson Locations: United States, Ukraine, Kyiv, Washington, U.S

☆ What we want to see from retail sales and 3 Club earnings in the week ahead
▼ + stars: | 2023-08-12 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

State of the consumer: Retail sales for July are out on Tuesday. Key retail earnings reports from Walmart (WMT), Target (TGT) and Tapestry (TPR) will also provide clues on the health of the consumer. Earnings : On Wednesday morning, we hear from Club holding TJX Companies (TJX). Prior retail sales data has shown monthly sales growth at clothing and clothing accessory stores accelerate throughout the quarter, rising 0.14% monthly in April, 0.3% in May and 0.6% in June. For those looking to review first-quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.

Persons: We'll, Estee Lauder, we've, Palo, Cardinal Health, JD.com, Brinker, BILL, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Dow Jones, Investors, Walmart, TJX Companies, Palo Alto Networks, Embraer, Energy, Getty, Sea Ltd, Cardinal, Nu Holdings, Housing, ZIM, Food, Colgate, Palmolive, Cisco Systems, Chemical & Mining, Keysight Technologies, Ross Stores, Deere & Company, Alto Networks, Jim Cramer's Charitable, CNBC Locations: China, Dole, DOLE, Manhattan, New York City

The Perseid meteor shower lights up the sky this weekend. Dark sky parks and IDA-certified locations are the best places to view this show and many others. From Alaska to Wyoming, here's a list of some of the darkest skies in each of the 50 US states. These are often officially zoned "dark sky parks", which have clear views of the night sky when the weather permits. Only the clearest of night skies, unimpeded by light pollution, are allowed the honorable IDA-certified title.

Persons: We've Organizations: IDA, Service, Sky Association Locations: Alaska, Wyoming, Wall, Silicon, Utah, Michigan

☆ US to send Kyiv first $200 mln of arms freed by $6.2 bln 'accounting error'
▼ + stars: | 2023-08-07 | by ( Mike Stone | ) www.reuters.com time to read: +2 min

REUTERS/Wolfgang... Read moreWASHINGTON, Aug 7 (Reuters) - President Joe Biden's administration will announce $200 million of new weapons aid for Ukraine as soon as Tuesday, U.S. officials told Reuters, as it begins to dole out $6.2 billion of funds discovered after a Pentagon accounting error over-valued billions of Ukraine aid, two U.S. officials said on Monday. Ukraine needs weaponry that can be shipped from U.S. stocks in a matter of days or weeks so it can keep up its fight to repel Russia's invasion - the accounting error worked to Kyiv's benefit because more equipment can be sent. Washington is currently working on a supplemental budget request to continue to aid Kyiv, the U.S. officials said. Tuesday's expected announcement of $200 million would be the first tranche of the $6.2 billion windfall of previously authorized Presidential Drawdown Authority (PDA), the officials said. Reporting by Mike Stone in Washington; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Boris Pistorius, Lloyd Austin, Jens Stoltenberg, Wolfgang, Read, Joe Biden's, Tuesday's, Lockheed Martin, Mike Stone, David Gregorio Our Organizations: German, NATO, Ramstein Air Base, REUTERS, Reuters, Pentagon, Lockheed, Lockheed Martin Corp, Patriot, RTX Corp, Thomson Locations: Ukraine, U.S, Ramstein, Miesenbach, Germany, WASHINGTON, Kyiv, Washington

☆ How to Catch Pandemic Fraud? Prosecutors Try Novel Methods.
▼ + stars: | 2023-08-06 | by ( Madeleine Ngo | ) www.nytimes.com time to read: +1 min

Federal prosecutors are scrambling to recoup billions of dollars in pandemic aid from people who falsely obtained funds from government programs that were intended to keep the economy afloat during the Covid shutdowns. In some districts, prosecutors are screening those suspected of a violent crime for potential involvement in pandemic fraud schemes. Other investigators are putting together “strike force teams” to unravel the most sophisticated enterprises or leaning on local officials to steer them toward potential fraudsters in their areas. The moves come as the federal government looks for novel ways to root out what officials say was an enormous number of fraudulent claims that were submitted and approved during the pandemic. Many of the programs that were set up to dole out relief money required minimal proof from those seeking funds and approved applications quickly in order to pump money into the economy.

Persons: —

☆ Morning Bid: Beijing stimulus given benefit of the doubt
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +3 min

Yet that merely stoked wagers Beijing would have to dole up sizable stimulus at some point or risk social unrest, particularly with youth unemployment rising. So far, domestic investors seem to be giving Beijing the benefit of the doubt - foreign funds have been shunning Chinese stocks for a while. Any rise in Japan's paltry yields should, theoretically, be a plus for the yen and a negative for yen-funded carry trades. This in part reflects the still huge gulf between Japan rates and emerging markets and the fact that many carry trades are funded at one month rates and rolled over. Right now, investors can still borrow yen for one month at -0.1% to buy pesos and earn 11.1%.

Persons: Wayne Cole, China's, it's, That's, Austan Goolsbee, Sam Holmes Organizations: Beijing, Nikkei, Bank of Japan, Federal Reserve Bank of Chicago, Western Digital Corp, Aercap, Thomson Locations: Wayne, Beijing, Asia, Pacific, Japan, Chicago

☆ We tried out Sam Altman's eyeball-scanning Worldcoin orbs. It all felt too low-key to be truly dystopian.
▼ + stars: | 2023-07-27 | by ( Beatrice Nolan | George Glover | ) www.businessinsider.com time to read: +4 min

Sam Altman's Worldcoin verifies that people are humans using eyeball-scanning orbs. We headed to a shared working space in London to check out the dystopian-sounding tech. If you want to be part of Sam Altman's new crypto project, you'll have to let a shiny silver sphere scan your eyeballs. InsiderWorldcoin was scanning people's eyes out of a shared working space, which gave the dystopian-sounding enterprise a surprisingly low-key feel. We headed to a shared working space in London to check out the dystopian-sounding tech.

Persons: Sam Altman's Worldcoin, Sam Altman's, Altman, Christian Meloni, He's Organizations: Universal Locations: London

July 24 (Reuters) - Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. Blockchains can store the World IDs in a way that preserves privacy and can't be controlled or shut down by any single entity, co-founder Alex Blania told Reuters. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce remarkably humanlike language. Altman told Reuters Worldcoin also can help address how the economy will be reshaped by generative AI. Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.

Persons: Sam Altman, Alex Blania, Altman, Reuters Worldcoin, ”, UBI, Anna Tong, Juby Babu, Elizabeth Howcroft, Kenneth Li, Navaratnam, Philippa Fletcher Organizations: Humanity, Reuters, Thomson Locations: San Francisco, Berlin

☆ Worldcoin: OpenAI's Sam Altman launches crypto project
▼ + stars: | 2023-07-24 | by ( ) edition.cnn.com time to read: +2 min

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. Blockchains can store the World IDs in a way that preserves privacy and can’t be controlled or shut down by any single entity, co-founder Alex Blania told Reuters. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce remarkably humanlike language. Altman told Reuters Worldcoin also can help address how the economy will be reshaped by generative AI. Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.

Persons: Sam Altman, Alex Blania, Altman, Reuters Worldcoin, ”, ” Altman, UBI Organizations: Humanity, Reuters Locations: San Francisco, Berlin

MEXICO CITY, July 20 (Reuters) - Mexico's Grupo Financiero Banorte (GFNORTEO.MX) reported on Thursday a 14% increase in second-quarter net profit, hitting 13.09 billion pesos ($764.68 million) on better results in its insurance and annuities and trading units. Revenue for the group, which owns one of the country's largest banks and pension funds, totaled 33.06 billion pesos in the quarter, up 19% from a year earlier. The bank's performing loan book saw a 12% bump from the year-ago period, with double-digit growth in nearly all divisions. Loan-loss previsions, however, also jumped 66% from the year-ago period to 4.04 billion pesos, with cost of risk shooting up to 1.66% from 1.13%. Banorte will also grow by some 1,300 account managers in the next few months in its business and corporate sectors, Ramirez said.

Persons: Banorte, Marcos Ramirez, Ramirez, Carolina Pulice, Kylie Madry, Stephen Coates Organizations: MEXICO CITY, Financiero, Thomson Locations: MEXICO

WASHINGTON, July 18 (Reuters) - Former U.S. President Donald Trump said on Tuesday he had received a letter from Special Counsel Jack Smith stating that he is a target of a grand jury investigation into efforts to overturn the 2020 presidential election result. Officials have testified that during his final months in office, Trump pressured them with unsubstantiated claims of widespread voter fraud. stating that I am a TARGET of the January 6th Grand Jury investigation," Trump wrote on his Truth Social media site. In his Truth Social post, Trump said Smith's office has given him "a very short 4 days" to appear before the grand jury in the probe. But he said the cumulative impact of the cases against Trump could deter some moderate Republicans and hinder his chances in the general election.

Persons: Donald Trump, Jack Smith, Trump, Joe Biden, Smith, Peter Zeidenberg, Aileen Cannon, Biden, Pat Cipollone, Mike Pence, Rudy Giuliani, Stormy Daniels, Trump's, Steve Scalise, Matt Dole, Ron DeSantis, Dole, Sarah N, Lynch, Jacqueline Thomsen, Katharine Jackson, Moira Warburton, Rami Ayyub, Nathan Layne, Doina Chiacu, Howard Goller, Daniel Wallis Organizations: Former U.S, U.S, Capitol, Biden's, Social, Republican, Democrat, Washington , D.C, White, Georgia Supreme, Trump, Trump's Republican, Thomson Locations: Former, Florida, Washington ,, New York, Georgia

"The data suggests that China's post-COVID boom is clearly over," said Carol Kong, economist at Commonwealth Bank of Australia in Sydney. Authorities are likely to roll out more stimulus steps including fiscal spending to fund big-ticket infrastructure projects, more support for consumers and private firms, and some property policy easing, policy insiders and economists said. Most analysts say policymakers are likely to dole out modest supportive measures, instead of embracing any aggressive stimulus due to limited room and worries of growing debt risks, analysts said. For June alone, China's retail sales grew 3.1%, slowing sharply from a 12.7% jump in May, the data showed. Industrial output growth unexpectedly quickened to 4.4% last month from 3.5% seen in May, but demand remains lukewarm amid a bumpy post-COVID economic recovery.

Persons: Carol Kong, Alvin Tan, Kevin Yao, Ellen Zhang, Joe Cash, Shri Navaratnam Organizations: National Bureau, Statistics, Commonwealth Bank of Australia, Authorities, Asia FX, RBC Capital Markets, stoke, Thomson Locations: BEIJING, Shanghai, Sydney, China, Asia, Singapore

☆ Just 65% of Americans always tip at restaurants—etiquette experts on what we get wrong about tipping
▼ + stars: | 2023-07-14 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

Sure, there are some people — barbers, cab drivers — who etiquette experts say should always get a tip, and others — doctors, lawyers — who they say should never get one . He and other etiquette experts are here to help. With that in mind, here's what etiquette pros recommend you tip, in order of who Americans tip most often to the least. BaristasEtiquette experts say tipping at coffee shops is discretionary. 5 times it’s OK not to tip, according to etiquette experts

Persons: —, Read, Thomas Farley, Manners, Daniel Post Senning, Emily Post's, Farley, Elaine Swann, Dianne Gottsman, Swann, Warren Buffett Organizations: Swann School of Protocol, Protocol, of Texas, takeout

☆ Is the New 988 Suicide Hotline Working?
▼ + stars: | 2023-07-13 | by ( Christina Caron | More About Christina Caron | ) www.nytimes.com time to read: +2 min

The three-digit dialing code for the 988 Suicide and Crisis Lifeline became available in July of last year after receiving bipartisan support. Almost one million of those contacts were answered by Veterans Crisis Line, which is linked to 988. In fact, 988 does not currently use geolocation, so those who call the hotline remain anonymous unless they choose to disclose identifying information. But you don’t need to be in crisis or suicidal to call 988 and speak with a counselor. “It’s our hope that people will come to us before they are in a mental health crisis,” said Tia Dole, chief officer of the 988 Suicide and Crisis Lifeline at Vibrant Emotional Health, the New York-based nonprofit that manages the Lifeline for SAMHSA.

Persons: Donald J, Trump, “, ”, Tia Dole Organizations: Lifeline, Crisis, Mental Health Services Administration, SAMHSA Locations: New York

Tom Schroeder, the whistleblower accusing Medtronic of a kickback scheme, left, is interviewed by Morgan Brennan, in Kansas City, Missouri. Schroeder said rumors circulated that Medtronic sales representatives were bribing VA staff to purchase an excessive amount of the company's inventory. The veterans hospital purchased more devices than some of the largest veterans medical facilities, according to data the VA's investigation gathered. Medtronic also said that Schroeder has "admitted under oath that he has no firsthand knowledge of any problematic procedure involving Medtronic devices." Douglas Winger, one of the Medtronic sales representatives named as a defendant in Schroeder's lawsuit, won a Medtronic President's Club award in 2016 for his sales.

Persons: Tom Schroeder, Schroeder, Becton Dickinson, Medtronic, Morgan Brennan, Schroder, Boua Xiong, Robert J, texted, Rick Ament, Ament, filet mignon, …, I'm, Brendan Donelon, Donelon, CNBC Donelon, Xiong, Douglas Winger, Winger, Kim Hodgson, Hodgson, Dole, ProPublica, John Laird Organizations: Inc, CNBC, Dole Veterans Affairs Medical Center, Dole VA, Department of Veterans Affairs, United, VA's, Department of Justice, Covidien, Dole, Medtronic, Society for Vascular, Drug Administration, FDA Locations: Kansas, United States, Kansas City , Missouri, Dublin, Ireland, Medtronic's, Wichita ., Dole, Covidien, Medtronic, Dole VA

☆ EV charger maker Tritium wins order from Hawaii under federal funding program
▼ + stars: | 2023-07-11 | by ( Abhirup Roy | ) www.reuters.com time to read: +2 min

SAN FRANCISCO, July 11 (Reuters) - Tritium DCFC (DCFC.O) said on Tuesday it had won an order from Hawaii to make high-speed electric vehicle chargers - the first funds to roll out in a federal program meant to blanket the country with charging infrastructure and boost EV adoption. Hawaii, which was granted access to $2.6 million in September as part of the first round of funding, is buying 32 150-kilowatt Tritium chargers and 16 power units, the company said. "These fast chargers are expected to be among the first funded and installed under the NEVI program," Brisbane, Australia-based Tritium said in a statement. While several states, including Ohio and Texas, are in various stages of seeking proposals from companies, Tritium said Hawaii was using an existing contract with Sustainability Partners, an infrastructure-focused public benefit company to place the order. The federal funding - seen critical to President Joe Biden's plans to tackle climate change and create local jobs - requires companies to offer the U.S. standard Combined Charging System (CCS) in the chargers.

Persons: Joe Biden's, Abhirup Roy, Nivedita Organizations: FRANCISCO, National Electric Vehicle Infrastructure, Sustainability Partners, U.S, CCS, American, Reuters, Thomson Locations: Hawaii, U.S, Brisbane, Australia, Ohio, Texas, Washington, San Francisco

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