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☆ Morning Bid: Still seeking decisive stimulus in China
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +2 min

A look at the day ahead in European and global markets from Sonali DesaiDisappointment has been the prevailing sentiment so far this week as investors grow impatient with the wait for more decisive Chinese stimulus measures. China delivered the expected 10 basis-point reduction to its lending benchmarks, but disappointed those looking for a bigger cut to the mortgage-linked five-year loan prime rate. Chinese property stocks took a hit and the yuan came under further pressure, reversing much of its bounce against the U.S. dollar late last week when stimulus expectations were driving price action. Still, that helped Australian shares build on recent gains to reach a seven-week high, bucking declines across Asian bourses where rising Treasury yields and souring anticipation of Chinese stimulus efforts spurred broad declines. The wary investor mood is likely to spill into Europe, where the data calendar is confined to German producer prices for May.

Persons: Sonali Desai, Antony Blinken's, Luis de, Pablo Hernandez de Cos, Olli Rehn, Elizabeth McCaul, Luis de Guindos, St Louis, James Bullard, Christopher Cushing Organizations: Sonali, U.S ., Reuters, Bank of Australia's, European Central Bank, Bank of Spain, Bank of Finland, St, Barcelona School of, Thomson Locations: Asia, China, Europe, Luis de Guindos, Hungary

May 18 (Reuters) - A Florida judge ruled in favor of Tiger Woods on Wednesday, rejecting his former girlfriend Erica Herman's request to nullify a non-disclosure agreement she signed when they began dating in 2017, U.S. media reported, citing court documents. Herman had asked a judge to void the agreement, citing a recent law that limits enforcing such agreements in sexual harassment and assault cases. Herman had not accused Woods of harassment or assault in court papers. In Wednesday's ruling, Circuit Judge Elizabeth Metzger said that Herman's claims had been “implausibly pled," granting Woods' requests to compel arbitration, the New York Times reported. The judge wrote that Herman could have provided factual specificity for any claim relating to sexual assault or sexual harassment, but "she has not done so,” according to the newspaper.

☆ Tiger Woods: Judge upholds NDA arbitration clause in golfer's dispute with ex-girlfriend
▼ + stars: | 2023-05-18 | by ( Tina Burnside | ) edition.cnn.com time to read: +1 min

CNN —A Florida judge has blocked an attempt by the ex-girlfriend of professional golfer Tiger Woods to nullify a non-disclosure agreement (NDA) that would require her to arbitrate complaints she has filed against the golfer. Lawyers for Erica Herman were challenging the validity of the NDA because of allegations of sexual harassment against the 15-time major champion. “Herman has had the opportunity to provide factual specificity for any claim relating to sexual assault or sexual harassment, however, she has not done so,” wrote Judge Metzger. In a court filing earlier this month, Woods’ lawyers characterized Herman’s allegations of sexual harassment as “implausible,” writing that “Ms. William West/AFP/Getty ImagesCNN has reached out to attorneys for Tiger Woods and Erica Herman for comment.

The Ocean Cleanup started removing plastic from the ocean a decade ago. But most of that plastic comes from rivers, so it started building solar-powered river cleaners to catch garbage before it goes out to sea. Experts worry the ocean-cleaning machines could harm sea life, but most say cleaning rivers is a smarter approach.

☆ Lawyer for Tiger Woods' ex-girlfriend, Erica Herman, alleges in court she has more details about sexual harassment claims against the golfer but says NDA is keeping her silent
▼ + stars: | 2023-05-09 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +8 min

Under the federal law, judges can rule NDAs unenforceable in instances of sexual harassment or assault. Herman has alleged sexual harassment occurred during her relationship with Woods, both in how it started and how it ended. They've asked for the lawsuit to be dismissed and called the sexual harassment claims "utterly meritless." "A boss imposing different work conditions on his employee because of their sexual relationship is sexual harassment," Herman's attorneys argue in the court filing. She was then locked out of the house, away from her personal property and pets, court documents allege.

A three-judge panel of the U.S. Court of Appeals for the District of Columbia said the law, which instructed the U.S. Circuit said the law "makes clear" that those leases are no longer subject to requirements of the National Environmental Policy Act, which requires a thorough look at environmental impacts of proposed major federal actions. Earthjustice attorney Steve Mashuda, who represented the environmental groups, said in a statement that the decision will harm Gulf communities and ecosystems. A spokesperson for the American Petroleum Institute called the order a “positive step toward more certainty and clarity for energy producers.”The Interior Department, which did not appeal the lower court decision, declined to comment. v. Debra Haaland et al., U.S. Court of Appeals for the District of Columbia Circuit, case No.

☆ ‘Mrs. Davis’ Review: Algorithm and Blues
▼ + stars: | 2023-04-19 | by ( James Poniewozik | ) www.nytimes.com time to read: +2 min

The pilot introduces Simone (Betty Gilpin), a sister in a remote Nevada convent who has a sideline exposing dishonest magicians. Besides leaving her time for her hobby, convent life lets her avoid the reach of an omniscient A.I. Davis” in America, “Mum” in Britain, “Madonna” in Italy and so on — has not given up on Simone. Simone, Mrs. Davis believes deep in her code, is the one person equipped to carry out a mission: to find and destroy the Holy Grail. Simone agrees, hoping the quest will be a means to Mrs. Davis’s unplugging.

☆ ECB told not to take banks' word for it when assessing risk
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +2 min

FRANKFURT, April 17 (Reuters) - The European Central Bank should stop relying on banks' self-assessments when setting capital requirements and do its own homework instead, independent experts said on Monday. It was the most notable recommendation in a report commissioned by the ECB to evaluate its work on the key task as the euro zone's top financial supervisor, namely to decide how much capital banks must have to absorb losses. The ECB has been blending its analysis with the banks' own to come up with capital requirements. They told the ECB to change the way it sets capital demands and focus "on specific risks requiring additional capital coverage, while significantly limiting the use of ICAAPs". Fellow ECB supervisor Elizabeth McCaul welcomed a recommendation to use more "qualitative measures" with banks, which she said could include "limitations on business activity, demanding changes in the board and management, and monetary sanctions".

☆ EU's new crypto asset rules don't go far enough - ECB's McCaul
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +2 min

FRANKFURT, April 5 (Reuters) - The European Union's proposed regulations for crypto assets do not go far enough, and safeguards need to be strengthened to capture risks adequately, European Central Bank supervisory board member Elizabeth McCaul said on Wednesday. The European Parliament is set to vote on the Markets in Crypto-assets (MiCA) bill later this month, taking a big step in providing oversight of the crypto world after a series of scandals and collapses. "While the new Basel standard and MiCA are important milestones, I am afraid they will not be sufficient on their own," McCaul said in a blog post. Another issues is how the size of crypto-asset service providers is measured because the now-collapsed crypto exchange FTX would not have counted as significant given how the firm was organised. The same goes for conflicts of interest, which must be identified across the group and at affiliated entities, McCaul said.

☆ Morning Bid: Crude cut complicates Q2
▼ + stars: | 2023-04-03 | by ( ) www.reuters.com time to read: +6 min

Brent crude surged on Monday in response, settling about 5% higher than Friday's close. The mild reaction in the rates and bond markets to the OPEC move reflects some of that. Asia and Europe's main stock indices were steady to higher, with S&P500 futures only marginally in the red ahead of Monday's open. The VIX (.VIX) volatility index was a touch higher, though still below 20, and the dollar (.DXY) was up smartly. The Caixin/S&P Global manufacturing purchasing managers' index teetered back on the 50 dividing line between expansion and contraction again in March.

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☆ Disappointment for King Charles as first overseas visit as monarch is postponed
▼ + stars: | 2023-03-24 | by ( Michael Holden | ) www.reuters.com time to read: +4 min

LONDON, March 24 (Reuters) - King Charles' first state visit to France as British monarch, postponed on Friday because of widespread social unrest, was supposed to be an occasion celebrating a new chapter of harmony in relations between London and Paris. "The king and queen consort were of course very much looking forward to the visit," a Buckingham Palace source said. On the first state visits of his reign, the new monarch and his wife Camilla, the Queen Consort, were going first to France before heading on to Germany. Now it jars with the angry mood in France," Peter Ricketts, a former British ambassador to France, told Sky News. Both the palace and Macron said they looked forward to the postponed trip going ahead in the future when dates can be found.

☆ Israel's 'Handmaids' become a defining image of the mass protests against Netanyahu's judicial reforms
▼ + stars: | 2023-03-19 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +5 min

Women dressed as "Handmaids" are at the forefront of mass protests against the Netanyahu government. Netanyahu's plans to lessen the power of the Israeli supreme court. The protests in Tel Aviv and other Israeli cities oppose Prime Minister Netanyahu's plans to lessen the power of the Israeli Supreme Court in favor of elected officials. Israeli protesters wearing costumes from ''The Handmaid's Tale'' particiapte in a rally against Israeli Goverment's judicial overhaul bills at Haogen Junctions on March 16, 2023. Gili Yaari/NurPhoto via Getty ImagesPeople around the world are also voicing concerns about Netanyahu's plans.

☆ Amazon, Etsy, eBay, and Shopify sellers feel the squeeze of higher fees. Now they must get creative to stay profitable.
▼ + stars: | 2023-03-17 | by ( Madeline Stone | ) www.businessinsider.com time to read: +7 min

Etsy, eBay, Amazon, and Shopify have all raised fees for sellers in recent months. Amazon has also steadily raised fees for its Fulfillment by Amazon service since 2020. But he says things have gotten progressively more difficult in the last year as sales and traffic declined, inflation has squeezed his margins, and eBay has raised fees. Courtesy of Elizabeth MorganElizabeth Morgan, who sells handmade earrings on Etsy, said that she raised her prices by about 5% after Etsy raised fees last year. The Etsy fee hike has been more impactful, however.

☆ Small-business owners say they've seen higher sales, skyrocketing click-through rates, and better brand awareness by using user-generated content in 3 smart ways
▼ + stars: | 2023-03-14 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +7 min

Small-business owners and marketing pros say user-generated content boosted their brands on social. When users post content about a brand on their own channels, it gets the brand in front of new audiences. Insider spoke with several small-business owners to learn how they source user-generated content and use it across channels to maximize their marketing efforts. Use it for more than just organic social mediaReposting UGC on social media is an obvious way to fill your brand's social channels with engaging content. "Small-business owners should capitalize on creating mock UGC in-house to fill the gaps between their professional content and true UGC," Kutting said.

☆ How to make bricks from plastic trash
▼ + stars: | 2023-02-24 | by ( Elizabeth Mccauley | Lilian Manansala | ) www.businessinsider.com time to read: 1 min

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☆ Recycling wind turbine blades is nearly impossible. Veolia North America thinks it can keep them out of landfills.
▼ + stars: | 2023-02-17 | by ( Elizabeth Mccauley | Katie Nixdorf | ) www.businessinsider.com time to read: 1 min

But most of the cement industry's emissions come from heating limestone in kilns, so this process probably won't make much of a dent. A furnace used in industrial cement production. Artur Osypian/Getty ImagesCement factories burn the turbine blades for fuel — replacing some of the coal the factories usually use. Veolia says its product burns cleaner.

☆ 1 dead in Baltimore shooting of 3; related car crash injures 2 young children
▼ + stars: | 2023-01-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

Gunfire in Baltimore that killed a man and injured two other adults Saturday night was part of a "mass casualty incident," the city's top police leader said. Baltimore Police Commissioner Michael Harrison described a chaotic scene in the city's Upton community, where ShotSpotter sensors alerted police to gunshots at 6:39 p.m. The vehicle, also carrying children ages 2 and 3, struck a pole and came to a stop, the commissioner said. The children suffered head trauma and lacerations in the vehicle crash, according to the statement. In their overnight statement, Baltimore police said it appeared the vehicle crashed "when the driver was shot."

Although Britain saw the same easing of wholesale energy prices, UK industry - by stark contrast - continued to contract this month. More than two thirds of the 42 economists polled by Reuters this month expect another hefty 50 basis point rate rise to 4% next week, while their average 'terminal rate' forecast implies yet another quarter point rise to 4.25% after that. Despite economic funk, the implied peak BoE rate derived from money and swaps markets shows almost another full percentage point of hikes to 4.5% before the Bank calls it quits later this summer. Either way, the eventual outcome leaves the BoE and the pound in something of a half way house. Reuters Graphics Reuters GraphicsUK vs Euro zone economic surprise gapThe opinions expressed here are those of the author, a columnist for Reuters.

☆ Live updates: Suspect in shooting at dance hall near Los Angeles is dead, sheriff says
▼ + stars: | 2023-01-23 | by ( Erick Mendoza | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +33 min

Share this -Link copiedAlhambra officials release statement on Monterey Park shooting Alhambra officials released a statement on the Monterey Park shooting early Sunday evening. Officials also acknowledged the shooting that occurred in the city after the Monterey Park shooting. Share this -Link copiedPolice release pictures to identify Monterey Park shooting suspect The Los Angeles County Sheriff's Department has released pictures seeking to identify the Monterey Park shooting suspect. Law enforcement has connected him to the Monterey Park shooting and a shooting minutes later in Alhambra. Patrons of the Alhambra dance hall wrestled a firearm away from a man about 20 minutes after the Monterey Park shooting.

☆ Rocks vacuumed off the seafloor can power electric cars. But is mining the ocean worth it?
▼ + stars: | 2023-01-23 | by ( Elizabeth Mccauley | Grant Tyler | ) www.businessinsider.com time to read: +1 min

Seafloor rocks contain metals that can be used in wind turbines and electric-car batteries. In November, a Canadian mining startup collected tons of them on a test run. This type of deep-sea mining could destroy untouched habitats, among other environmental impacts. More research is likely needed to see how the effects of mining the seafloor compare to mining land. Critics say mining them could cause serious ecological destruction, but no one knows exactly what the impact will be yet.

☆ Live updates: Possible suspect in mass shooting at dance hall near Los Angeles is found dead, sources say
▼ + stars: | 2023-01-22 | by ( Erick Mendoza | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +31 min

☆ The most-popular big tech default email programs are old and vulnerable
▼ + stars: | 2023-01-15 | by ( Elizabeth Macbride | ) www.cnbc.com time to read: +13 min

All over the world, organizations of all sizes, including small businesses, scrambled to upload patches and to figure out if they'd been infiltrated. Each time big software companies have changed default settings or made blanket changes with cybersecurity in mind, he points out, cybercrime fell measurably. Some of its donors are big technology companies. "Microsoft takes email security very seriously," said Girish Chander, head of Microsoft Defender for Office, in a statement to CNBC. Updating email software default settings.

M&S Schmalberg has been handcrafting custom fabric flowers in Manhattan since 1916. Its flowers have been worn by celebrities like Beyoncé, Sarah Jessica Parker, and Rihanna. But since the 1950s, competition from overseas manufacturers has made it difficult for them to stay afloat. But competition from overseas flower manufacturers has made it difficult to stay afloat. For more information, visit the M&S Schmalberg website or Etsy shop.

☆ A teen endured taunts after reporting a sex assault, but her school didn’t help, complaint says
▼ + stars: | 2023-01-10 | by ( Kate Martin | Kate Martin Is An Enterprise Reporter For Nbc News | Based In North Carolina. | ) www.nbcnews.com time to read: +6 min

“I think this situation is a perfect example of why schools have Title IX obligations,” said Chloe Neely, the lawyer representing Riley in her Title IX complaint. Riley’s Title IX complaint accuses Cherokee County Schools, which has about 2,900 students, of not properly training school staff on how to respond to a complaint of harassment. “There usually aren’t any accountability measures in place to ensure compliance with Title IX,” said Meyer, who was not referring specifically to Cherokee County. The proposed Title IX changes are currently going through a federal review process and could be finalized later this year. Cherokee County Schools only opened its own investigation in early 2022, after Marcella filed the Title IX complaint and more than three months after the alleged assault.

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