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☆ Israel markets sink, businesses shut after Hamas attack
▼ + stars: | 2023-10-08 | by ( Steven Scheer | ) www.reuters.com time to read: +4 min

A building is ablaze following rocket attacks from the Gaza Strip, in Tel Aviv, Israel October 7, 2023. Israel has retaliated with air strikes on Hamas targets in Gaza. Gaza militants also fired thousands of rockets into Israel, some reaching as far as Tel Aviv, prompting airlines to suspend flights to and from Israel. Air India said flights to and from Tel Aviv would be suspended until Oct. 14. "We are closely monitoring the situation in Israel and taking steps to safeguard and support our workers," a spokesman said.

Persons: Ron, Jonathan Katz, Bezalel Smotrich, Arkia, Israir, Jensen Huang, Ron Tomer, Steven Scheer, Bernadette Baum Organizations: REUTERS, Rights, Key Tel, Capital Markets, Bank of Israel, Hamas, Israel . Finance, Bank, Israel, AIR, Delta Air Lines, United Airlines, Nvidia, Tel, Manufacturers, Association, Intel Corp, Tower Semiconductor, Thomson Locations: Gaza, Tel Aviv, Israel, Key, Key Tel Aviv, New York, Atlanta, TLV, India, Athens, Larnaca, Cyprus

☆ At Rosemead High, generations of students were harassed or groomed for sex as they tried to get an education
▼ + stars: | 2023-10-03 | by ( Matt Drange | ) www.businessinsider.com time to read: +87 min

Students were regularly subjected to sexual harassment by Hall, two former students told me. “I feel like so many of us were victims to the culture,” one former Rosemead student told Insider. Manipulation by a trusted adult has been passed like a virus to generations of Rosemead students. AdvertisementThe Shops at Santa Anita in Arcadia have long been a local haunt for Rosemead High students. We wondered aloud whether Masiello had harassed our mother the same way he'd done to generations of Rosemead students.

Persons: Clara didn't, She'd, Alex Rai, Eric Burgess, Burgess, Rai, Clara, they'd, Rai texted, she'd, who'd, Mark Abramson, Rai didn't, Leonard Levine, — I'm, Alex Rai wasn't, wouldn't, Rosemead, RubyAnna Sare, Sare, Harlan Mayne, Mayne, Dwain Crum, he'd, colluded, Crum, Robin Torres, Torres, Edward Zuniga, Zuniga, Paul Arevalo, Kristy, Jim Hall, Hall, groped, Angela, Diane Bladen, Bladen, Michael Sullivan, Sullivan, Denton Todd, Todd, Barbara, Arevalo, Barbara said, Matt Drange, Andrew Dalton, Dalton, ” Mark Abramson, I've, Will, Suzy, Carly Sanchez, Sanchez, aren't, —, David Pitts —, Pitts, Cindy, Scriabin, David Pitts, couldn't, That's, G, You'd, It's, Wing Chan, Chan, Louis Vuitton, Justin Rosien, Rosien, Rosien texted, cringed, Jim Hall's, Don Masiello, Paul Arevalo's, Sergio Caveyo, Caveyo, Brian Day, Alex, messaged, Brian Aliff, Aliff, Nichole, I'd, scoot, Michelle, Michelle's, Michelle didn't, Sarah, Brian Bristol, didn't, Nichole's, Weeks, Herbert Ortiz, Jaime, Ortiz, Richard Daniels, Daniels, Fidel Dominguez, Rosemead High's, Larry Callaham, Masiello, Jan Herzog, Herzog, Justin Fregoso, James Eder, Fregoso, me Eder, Eder, they've, Anne Bazile, Bazile, Unbeknownst, Arevalo —, Jonathan Howard, Credentialing, Howard, Elaine Rose, Rose, El Monte Union High School District Arevalo, he's, José Gallegos, Gallegos, Billie, Jo Grant, Grant, Michael Cohen, Cohen, Santa Claus, Oz, California's, haven't, Lupe Nieves, Nieves, reenacted, faxed, Harold Greenberg, Dan Morris, Morris, Alex Valdez, J, Valdez, alums, Heidi, Guillermo, she's, Clara wasn't, Mark Matthews, Matthews, Rai groped, Janine Salanitro, Zuniga hasn't, Felipe Salazar, Salazar, Andrew Dalton's, Matt Drange’s Organizations: Business, Rosemead High School, Rosemead High, Rosemead, El Monte Union High School District, Sheriff's Department, TA, El Monte Union High School, X's, Ford, Business Insider, Casa del Rey, Nissan, Nike, Bristol, Arroyo High School, High School, Los, Los Angeles County Sheriff's Department, Perris High School, of Education, Angeles County Sheriff's Department, California, California Department of Education, Monte Union High School, Valdez, Gabrielino, Rai, Los Angeles County Sheriff's, Temple City Locations: Southern California, Rosemead, San Gabriel Valley, San Gabriel, Los Angeles, Huntington Beach, Pasadena, Bladen, California, Arevalo, Utah, Santa, Arcadia, Beverly Hills, Burgess, Bristol, Arroyo, Perris, California's, Angeles, Cindy's, Los Angeles County, Temple

NewMed shares were down 1.4% by 1050GMT. The panel, however, did not receive any other offers, according to several sources close to the matter. Once the panel concludes the negotiations, it will submit its recommendation to the NewMed board. BP, Adnoc and NewMed declined to comment. NewMed's shares have risen by over 50% since the March 28 announcement to around 11.50 NIS, but they still remain below the offer price of 12.05 shekels ($3.15).

Persons: Hamad, Mohammed, Abu, NewMed, Ron Bousso, Sharon Singleton Organizations: United, United Arab Emirates, REUTERS, BP, Abu, Abu Dhabi National Oil Co, 1050GMT, NewMed, Adnoc, ADNOC, Delek, Thomson Locations: Abu Dhabi, United Arab, Israel

☆ We moved from California to Texas with our 5-month-old baby before even visiting the state. Now, if our car has issues, we can actually afford to fix it.
▼ + stars: | 2023-09-29 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Eddie Casillas and Brittany Casillas-Ta moved from Sacramento, California to Tyler, Texas in January. The family has since moved to Houston, which they said fulfills their desire to be in a big city. Eddie: When I moved to Sacramento, I moved in with my wife. We initially moved to Tyler, Texas. AdvertisementAdvertisementWhen our car got broken into in California, it was really expensive and hard to financially recover.

Persons: Eddie Casillas, Brittany Casillas, Ta, —, Eddie, We've, Tyler, We're, Houston, It's, They're, didn't, we've, I've Organizations: Service, Sacramento ., Department of Transportation, Disney, Toyota Locations: Sacramento , California, Tyler , Texas, Houston, Texas, Sacramento, Marysville, It's, Brittany, California, Arizona, Florida, Tyler, In California, Vegas

She refers to the overhaul as a “judicial coup,” saying it risks facilitating the “de facto annexation of the West Bank without any critique or any review” from the Supreme Court. The cabinet includes a number of West Bank settlers in powerful positions, and the agreement that brought together the government calls for extending Israel’s sovereignty in the West Bank, effectively a call for annexation. Under Netanyahu’s far-right government, Israel has approved a record number of housing units in West Bank settlements, Peace Now said in a July report. “Did the Supreme Court protect Palestinian rights in the West Bank? More recently in 2017, Israeli security forces bulldozed nine homes built on private Palestinian land in the West Bank settlement of Ofra.

Persons: Benjamin Netanyahu’s, West Bank haven’t, Sawsan, Netanyahu, Netanyahu’s, Israel, Israel doesn’t, ” Zaher, Eliav, ” Lieblich, Zaher, Ahmed Tibi, Bezalel Smotrich, Itamar Ben Gvir, Tibi, ” Tibi, ” Gershon Baskin, Bond, ” Baskin, “ Organizations: CNN, West Bank, Legal Center, Arab, Rights, United Nations, Israel Democracy Institute, Tel Aviv University, Palestinian Authority, Supreme Court, Court of Justice, Israel’s, Israeli, Court Locations: Palestinian, Israel, West Bank, East Jerusalem, Jerusalem, West, The Hague, Dura, Qara, Ofra

☆ Tsegay, Duplantis topple records at Eugene Diamond League
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +3 min

Sept 17 (Reuters) - Gudaf Tsegay smashed the women's 5,000 metres world record and Armand Duplantis raised the bar again for the men's pole vault on Sunday, as the season-ending Eugene Diamond League meet concluded on a high. Shericka Jackson came off the turn with a massive lead to retain her women's 200 metres Diamond League championship title in 21.57, but came short of her goal to break Florence Griffith-Joyner's world record. The Jamaican Jackson won the 100 metres Diamond League championship a day earlier and finished more than half a second ahead of Ivorian Marie-Josee Ta Lou on Sunday, as Anthonique Strachan of the Bahamas took third in 22.16. The Canadian Arop finished five hundredths of a second slower and Algerian Djamel Sedjati took third in 1:43.06. Dutch World Champion Femke Bol collected her third Diamond League championship with a confident 51.98 performance in the 400 metres hurdles, as American Shamier Little took second in 53.45 and Jamaican Rushell Clayton finished third in 53.56.

Persons: Tsegay, Armand Duplantis, Eugene Diamond, Sweden's Duplantis, Shericka Jackson, Florence Griffith, Jackson, Ivorian Marie, Josee, Lou, Anthonique Strachan, Andre De, Kenny Bednarek, Erriyon Knighton, It’s, De, Mu, Britain's Keely Hodgkinson, Toppin, Kenyan Emmanuel Wanyonyi, Marco Arop, Canadian Arop, Djamel Sedjati, Femke Bol, Little, Rushell Clayton, Yaroslava, Joe Kovacs, Ryan Crouser, Amy Tennery Organizations: Eugene Diamond League, Kenyan, Diamond, Diamond League, Bahamas, Canadian, Thomson Locations: Budapest, Ivorian, Andre De Grasse, Canada, United States, Tokyo, De Grasse, Ukrainian, New York

☆ Coleman, Jackson upset world champions in Diamond League final
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +3 min

Athletics - Diamond League - Xiamen Diamond League - Egret Stadium, Xiamen, China - September 2, 2023 Christian Coleman of the U.S. celebrates after winning the men's 100m final REUTERS/Aly Song/File Photo Acquire Licensing RightsSept 16 (Reuters) - American Christian Coleman stunned world champion Noah Lyles to win the men's 100 metres at the Diamond League final in Eugene, Oregon on Saturday as Jamaican Shericka Jackson took the women's sprint title. Coleman missed out on the podium at the World Championships in Budapest but broke the tape in a blistering 9.83 seconds as fellow American Lyles finished second in 9.85. Coleman, the 2018 Diamond League champion, exploded off the blocks and Lyles was unable to overcome a slower start. Jamaican Jackson finished second at the World Championships behind American Sha'Carri Richardson but took the lead in the last half of the women's 100 metres before breaking the tape in 10.70. World champion Warholm was strong favourite after claiming three Diamond League wins this year but Benjamin finished strongly to clock 46.39 seconds, the year's best time and fourth-fastest ever.

Persons: Christian Coleman, Aly, Noah Lyles, Shericka Jackson, Coleman, Lyles, Kenyan Ferdinand Omanyala, I’ll, Bolt, Jackson, Sha'Carri Richardson, Ivorian Marie, Josee Ta Lou, Elaine Thompson, Rai Benjamin, Karsten Warholm, Warholm, Benjamin, Kyron McMaster, Kipyegon, sparkled, Kirani James, Quincy, Amy Tennery, Ed Osmond Organizations: Diamond League, Xiamen Diamond League, Kenyan, Ivorian, British Virgin Islands, Quincy Hall of, United States, Thomson Locations: Xiamen, China, Eugene , Oregon, Budapest, British, New York

☆ No more 'yours truly': Gen Z is speaking a whole new language in the office
▼ + stars: | 2023-09-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

And they believe that Gen Z is the reason for this. AdvertisementAdvertisementThe changing language of emails represents the younger generation's desire to put their own stamp on things. Whereas for Gen Z, social media has driven linguistic change and sped up the spread of language trends." Gen Z is picking up words like "ick," "naur," "slay," and "unserious," and applying them to professional settings to the dismay of HR professionals and older workers. Adopting more casual language at work may help Gen Z assert some control and find their way in the professional world.

Persons: LifeSkills, Censuswide, Laura Bailey, Bailey, Gen, Z Organizations: Service, Barclays LifeSkills, Barclays Bank, University of Kent, LinkedIn Locations: Wall, Silicon

Reliance, whose interest in making semiconductors has not been previously reported, did not respond to repeated requests for comment. India's IT ministry and Prime Minister Narendra Modi's office also did not respond to requests for comment. The country does not as yet have any chip manufacturing plants, although India's Vedanta (VDAN.NS) and Taiwan's Foxconn (2317.TW) are both looking at building facilities. India's government has forecast the domestic chip market will be worth $80 billion by 2028 compared with $23 billion currently. But chip manufacturing is an industry that has historically been beset with boom and bust cycles and requires much expertise.

Persons: Amit Dave, Mukesh, Narendra Modi's, Modi, Vedanta, Taiwan's Foxconn, Arun Mampazhy, –, Foxconn, Munsif Vengattil, Aditya Kalra, Edwina Gibbs Organizations: Reliance Industries, Gujarat Global Trade, REUTERS, Reliance, Google, U.S, Vedanta, Ventures, Semiconductor, Intel, Orbit Ventures, Thomson Locations: Gujarat, Gandhinagar, India, DELHI, Abu Dhabi

COLUMBUS, Ohio (AP) — Ohio authorities on Friday released additional bodycam and surveillance footage of the events leading up to the death of Ta’Kiya Young, a 21-year-old pregnant Black mother fatally shot by police in a grocery store parking lot late last month. They have called for the officer, whose name has not been released, to be fired and charged in her death. Earlier this week, police released bodycam footage showing the officer firing the gun. The additional security footage made public on Friday shows Young and two other women walking around the liquor department of the Columbus-area store. Political Cartoons View All 1148 ImagesThe additional bodycam footage also shows police officers quickly rendering medical aid to Young after she is shot.

Persons: Ta’Kiya Young, Black, Young, Sean Walton, Walton, John Belford, ___ Samantha Hendrickson Organizations: —, Columbus -, tote, Police, Associated Press, America Statehouse News Initiative, America Locations: COLUMBUS , Ohio, — Ohio, Columbus, Blendon, Ohio

Sept 6 (Reuters) - Bristol Myers Squibb (BMY.N) has been accused in a new lawsuit of using fraudulent patents and other illegal tactics to maintain its monopoly on blockbuster blood cancer drug Pomalyst for years after it should have faced generic competition. A spokesperson for Bristol Myers did not immediately respond to a request for comment. Pomalyst is a top seller for Bristol Myers, bringing in nearly $3.5 billion out of $46.16 billion of its total revenue last year. The drug was developed by Celgene, a company acquired by Bristol Myers in 2019. The generic companies, which are also named as defendants in the lawsuit, did not immediately respond to requests for comment.

Persons: Pomalyst, Bristol Myers, Celgene, Brendan Pierson, Alexia Garamfalvi, Bill Berkrot Organizations: Bristol Myers Squibb, Louisiana, Pomalyst, Bristol, Celgene, U.S . Patent, Teva Pharmaceutical Industries, Aurobindo Pharma, Breckeridge Pharmaceutical, Natco Pharma, Thomson Locations: Manhattan, New York

☆ Intel’s Tower deal sidesteps competition snafu
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

On Tuesday, $155 billion chip giant Intel (INTC.O) inked a new partnership with Tower Semiconductor (TSEM.TA), which Intel boss Pat Gelsinger recently gave up on acquiring for $5 billion. The deal will see Tower spend $300 million on equipment at Intel’s New Mexico campus, bolstering Gelsinger’s nascent chip-manufacturing-for-hire services. Intel ended its year-and-a-half-long quest to acquire Tower in August, after failing to win sign-off from Chinese antitrust enforcers. Signed in February 2022, the deal was aimed at strengthening Intel’s pivot into manufacturing chips designed by others by bringing in Tower’s know-how. By signing up Tower as a partner, Gelsinger wins a chunk of its business without the trouble of competition roadblocks.

Persons: Pat Gelsinger, Gelsinger, Jonathan Guilford, Hong Kong, Lauern Silva Laughlin, Sharon Lam Organizations: Intel, Reuters, Tower Semiconductor, Intel’s, X, Hong, Thomson Locations: Las Vegas , Nevada, U.S, Mexico, Tower’s

☆ Intel to offer foundry services to Tower Semiconductor after acquisition deal falls through
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

FILE PHOTO: Tower Semiconductor is seen on smartphone in front of displayed Intel logo in this illustration taken, February 15, 2022. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Acquire Licensing RightsSept 5 (Reuters) - Intel (INTC.O) will offer foundry services to Tower Semiconductor (TSEM.TA) in a new deal that will see the Israeli contract chipmaker invest $300 million in Intel's New Mexico factory, the companies said on Tuesday. "We see this as a first step towards multiple unique synergistic solutions with Intel," Tower CEO Russell Ellwanger said. The deal also strengthens Intel's foundry capacity as it advances on rivals such as industry leader Taiwan Semiconductor Manufacturing Co. In the second quarter, Intel's foundry business reported revenue of $232 million, up from $57 million a year earlier.

Persons: Dado Ruvic, Russell Ellwanger, Yuvraj Malik, Shweta Agarwal Organizations: Semiconductor, REUTERS, Intel, Tower Semiconductor, Taiwan Semiconductor Manufacturing, Thomson Locations: Intel's New Mexico, China, New Mexico, Ohio, Bengaluru

☆ Ohio police release video of fatal shooting of pregnant Black woman
▼ + stars: | 2023-09-01 | by ( Brendan O'Brien | ) www.reuters.com time to read: +3 min

Video of the incident in Blendon Township on Aug. 24 followed demands by the family of the 21-year-old woman, Ta'Kiya Young, for the officer who fired the fatal shot to be held accountable. "A theft suspect drove her car into one of my officers and the officer fired a single shot through the windshield," Blendon Police Chief John Belford said in a statement accompanying the release. Video made public on Friday shows an officer standing next to Young's vehicle as he repeatedly orders her to get out. A second officer comes around the front of vehicle and points a gun at the windshield, demanding that she exits. Young can be seen turning the wheels to the right, away from the officer, before the vehicle begins moving toward him.

Persons: Ta'Kiya Young, John Belford, Sean Walton, Walton, Young, Belford, Brendan O'Brien, Mark Potter Organizations: Blendon Township Police Department, Handout, REUTERS Acquire, An, Blendon Police, Police, Facebook, Ohio, Investigation, Thomson Locations: Blendon Township , Ohio, U.S, Blendon Township, An Ohio, United States, Blendon, Columbus, Chicago

☆ Video Released of Officer Fatally Shooting Pregnant Black Woman
▼ + stars: | 2023-09-01 | by ( Michael Levenson | More About Michael Levenson | ) www.nytimes.com time to read: 1 min

The police in a suburb of Columbus, Ohio, released body-camera footage on Friday of an officer fatally shooting a pregnant Black woman through the windshield of her car in the parking lot of a supermarket last week. The shooting of the woman, Ta’Kiya Young, 21, led to protests and an investigation by the Ohio Bureau of Criminal Investigation into the use of deadly force by the police in Blendon Township, a town of approximately 10,000 northeast of Columbus. The Columbus branch of the N.A.A.C.P. has called for the officer, who, video shows, opened fire as Mr. Young drove forward, to be fired. Ms. Young’s family said in a statement on Friday that the body-camera footage shows that her death was “not only avoidable, but also a gross misuse of power and authority.”

Persons: Ta’Kiya Young, Young, Young’s, “, ” Organizations: Ohio, Criminal Locations: Columbus , Ohio, Blendon Township, Columbus

The Chevron office is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela December 2, 2022. The Chevron-led (CVX.N) consortium proposed connecting the Aphrodite gas field via a subsea pipeline and existing infrastructure to Egypt, where the gas can be sold in the domestic market or liquefied and shipped to Europe, which has largely been cut off from Russian supplies. The partners have engaged in a new round of talks with the Cypriot government, Israel's NewMed (NWMDp.TA), which is a partner in the Aphrodite field, said earlier this week. Chevron is a partner in the field with NewMed and Shell (SHEL.L). "We believe it is important that Aphrodite is expeditiously developed for the benefit of Cyprus, the Eastern Mediterranean region and European and other international markets," Chevron said.

Persons: Gaby Oraa, George Papanastasiou, Papanastasiou, Israel's, Biden, expeditiously, Chevron, Mark Potter, Leslie Adler Organizations: Chevron, U.S, REUTERS, Washington, Cypriot Energy, Reuters, Cypriot, Shell, Cypriot Government, Thomson Locations: Venezuela, Caracas, Cyprus, U.S, Egypt, Europe, Republic of Cyprus, United States, Ukraine, Nicosia

He said that once implemented, the prices on negotiated drugs will decrease for up to 9 million seniors who currently pay as much as $6,497 in out-of-pocket costs per year for these prescriptions. This kicks off the negotiation process for the 10 drugs whose new prices will go into effect in 2026. U.S. laws had prohibited Medicare from negotiating pharmaceutical prices as part of its prescription drug program that began about 20 years ago. CMS Director Dr. Meena Seshamani said Medicare plans to use a review process to make sure insurance companies keep clinically appropriate access to negotiated drugs. Two analysts said they expect the negotiated prices to move beyond Medicare and affect commercial markets for these drugs by 2026, when they come into effect.

Persons: Joe Biden, Jonathan Ernst, Biden, Joe Biden’s, Januvia, Xarelto, Johnson, Boehringer Ingelheim, Eli Lilly's, Jardiance, Mohit Bansal, Entresto, Eli Lilly, Merck, Bristol Myers, Giovanni Caforio, Caforio, enrollees, Meena Seshamani, Stelara, Amgen, Evan Seigerman, Patrick Wingrove, Mike Erman, Manas Mishra, Nandita Bose, Caroline Humer, Bill Berkrot Organizations: Social Security, University of Tampa, REUTERS, U.S, Bristol Myers Squibb, Pfizer, Merck, Co's, Johnson, Novo Nordisk, NYSE Arca Pharmaceutical, U.S . Centers, Medicare, Medicaid Services, Reuters Graphics Wells, Novartis, AstraZeneca, Bristol, J, U.S . Department of Health, Human Services, BMO Capital, Thomson Locations: Tampa , Florida, U.S, Amgen's, Jardiance, Germany, Bengaluru, Washington

☆ US companies in China struggle with raids, slow deal approvals, anti-espionage law
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +3 min

[1/2] U.S. Commerce Secretary Gina Raimondo delivers her speech at a reception with U.S. Industry and Chinese Government Officials hosted by U.S. Ambassador to China Nick Burns, in Beijing, China, August 28, 2023. Below are details on some of the bigger hurdles for doing business in China in recent years. Counterespionage law:Chinese lawmakers passed a wide-ranging update to Beijing's anti-espionage legislation in April, banning the transfer of any information related to national security and broadening the definition of spying. The law does not define what falls under China's national security or interests.

Persons: Gina Raimondo, China Nick Burns, Andy Wong, Mintz, Raimondo, Chris Sanders, Jonathan Oatis Organizations: . Commerce, . Industry, Government, U.S, REUTERS Acquire, Rights, Bain, Capvision Partners, Beijing Municipal Bureau, Statistics, China's, Intel Corp, chipmaker Semiconductor, DuPont De Nemours Inc, Rogers Corp, Xinhua, chipmaker Micron Technology, Beijing, Thomson Locations: China, Beijing, Shanghai, United States

☆ Richardson and Jackson on course for 200m showdown
▼ + stars: | 2023-08-23 | by ( Mitch Phillips | ) www.reuters.com time to read: +3 min

Fourth-placed 100m finisher Marie-Josee Ta Lou of the Ivory Coast went through from the same heat, while defending champion Jackson was in cruise control winning her heat in 22.50. It's my first time on the track and I managed to get out strong and come through," Thomas said. "I think I can run my world lead time again when I need to but I don't think that will be enough to win gold. I think all the girls in the final will be under 21.60, so it's going to be fast. The track is really fast, it really is.

Persons: Sha'carri Richardson, Cote, Cote D'Ivoire's Marie, Josee, Lou, Sarah Meyssonnier, Sha'Carri Richardson, Jamaica's Shericka Jackson, Richardson, Allyson Felix, Jackson, Gabby Thomas, Thomas, Briton Dina Asher, Smith, Asher, I've, Shelly, Ann Fraser, Pryce, Krystsina Tsimanouskaya, Mitch Phillips, Pritha Sarkar Organizations: Athletics Centre, Cote D'Ivoire's, Rights, U.S, Tokyo, Thomson Locations: Budapest, Hungary, U.S, Ivory, Belarus

☆ Teva to pay $225 mln, divest cholesterol drug to settle price-fixing charges
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

The logo of Teva Pharmaceutical Industries is seen in Tel Aviv, Israel February 19, 2019. REUTERS/Amir Cohen/File Photo Acquire Licensing RightsAug 21 (Reuters) - Teva Pharmaceutical (TEVA.TA) will pay $225 million and divest its copycat version of a cholesterol drug as part of its settlement of price-fixing charges, the U.S. Department of Justice said on Monday. Glenmark will also pay a penalty of $30 million to resolve similar charges, the DOJ said. Teva and Glenmark will have to divest their respective versions of a generic cholesterol drug, pravastatin, that was a core part of the companies' price-fixing conspiracy, the DOJ said. As part of the deals with the DOJ, Glenmark and Teva both admitted to participating in fixing the price of pravastatin.

Persons: Amir Cohen, Teva, Glenmark, Pratik Jain, Shailesh Organizations: Teva Pharmaceutical Industries, REUTERS, Teva Pharmaceutical, U.S . Department of Justice, Prosecutors, Pharmaceuticals, DOJ, Thomson Locations: Tel Aviv, Israel, Bengaluru

☆ Richardson scrapes into 100m final after shocking start in semi
▼ + stars: | 2023-08-21 | by ( Mitch Phillips | ) www.reuters.com time to read: +2 min

Jackson was clear and eased at the end, allowing Ta Lou to exactly match her 10.79 finishing time, even to the thousandth of a second. A desperate Richardson had to strain every sinew to claim third in 10.84 – which proved good enough to send her through as one of the two fastest losers. She recovered from a sluggish start to drive home, with American Tamari Davis going through alongside with 10.98. Julien Alfred of St Lucia had a scare, being given a warning card after moving in the blocks in the third heat. She then had a terrible start in the restarted race but finished well to win in 10.92.

Persons: Jamaica's Shericka Jackson, Cote D'Ivoire's Marie, Josee Ta Lou, Sha'carri Richardson, Sha'Carri Richardson, Shericka Jackson, Marie, American Richardson, Jamaican Jackson, Ta Lou, Jackson, Richardson, Jamaica's Shelly, Ann Fraser, Pryce, American Tamari Davis, Julien Alfred of St Lucia, Dina Asher, Smith, Poland's Ewa Swodoba, Mitch Phillips, Ken Ferris Organizations: Athletics Centre, Cote D'Ivoire's, American, Thomson Locations: Budapest, Hungary, BUDAPEST, American, Jamaican

kevin rooseAnd you’re listening to “Hard Fork.”casey newtonThis week on the show, Sam Bankman-Fried goes to jail. If you give me, like, 1 percent of the internet, that’s going to give me an aneurysm. And those three are actually going to get to live that out. So I actually think the classroom of the future looks remarkably like the classroom today, but you reverse what you’re doing in it. And I think that’s another piece, is we have to not be delusional about what has actually happened in education.

Persons: casey newton, Joe Rogan, kevin roose You’re, casey newton They’ve, kevin roose They’ve, who’s, kevin roose, Kevin Roose, ” casey newton, Casey Newton, Sam Bankman, Fried, what’s, Wharton, Ethan Malek, kevin roose Casey, I’ve, casey newton Guy’s, David Jaffe Bellini, David, ” david jaffe bellini, casey newton Hi, ’, he’s, david jaffe bellini, david jaffe bellini That’s, they’re, Sam’s, there’s, that’s, Casey, — casey newton, david jaffe bellini I’m, he’d, Caroline Ellison, Caroline Ellison’s, Caroline, She’s, we’ve, they’ve, Sam, He’s, I’m, haven’t, It’s, You’ve, There’s, you’re, Ryan Salem, hasn’t, Gary, Nishad, They’ve, SBF, casey newton Look, Harlem Globetrotters ’, it’s, Kevin, casey newton Oh, kevin roose David Jaffe Bellini, we’re, kevin roose It’s, “, casey newton Sure, Ethan Mollick Ethan, kevin roose Ethan Mollick, ” ethan mollick, ethan mollick, That’s, casey newton Tell, ChatGPT, ethan mollick —, you’ve, Steve Jobs, don’t, You’ll, ethan mollick Oh, casey newton Well, We’ve, kevin roose I’m, Ethan, casey newton It’s, they’d, you’ll, They’re, Ethan Mollick, casey newton —, should’ve, let’s, Cruise, casey newton That’s, — david jaffe bellini, kevin roose —, ”, Alex, casey newton Hey, casey newton Yes, Kyle Vogt, Franciscans, I’ll, kevin roose Totally, casey newton Yep, Uber, casey newton Right, Dirk, Kevin kevin roose, shouldn’t, — casey newton Yes, casey newton Don’t, Rachel Cohn, Davis, We’re, Jen Poyant, Caitlin Love, Sophia Lanman, Dan Powell, Marion Lozano, Rowan Niemisto, Paula Shoeman, Tam, David McCraw, Nell Gallogly, Kate LoPresti, Jeffrey Miranda Organizations: Spotify, The New York Times, FTX, Conference, NFL, Google, “ New York Times, MDC, Republican, Alameda, Twitter, Harlem Globetrotters, Washington Generals, Wharton School, University of Pennsylvania, Fork University, Caud Academy, they’re, TA, . University, University, Hard Fork, Wharton, DMs, San, San Francisco, Cruise, Department of Motor Vehicles, University of Michigan Transportation Research Institute, Virginia Tech Transportation, YouTube Locations: New York, California, Bahamas, Alameda, FTX, autodelete, Caroline, Wharton, GPT, Kenya, America, San Francisco, Charlotte , North Carolina, Texas, North Beach, Cruise, Franciscans, robotaxis, AVs, Rhode Island, Zurich, Paris, Madrid, Swiss, Switzerland

☆ China does Intel a small favor
▼ + stars: | 2023-08-16 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

Acquire Licensing RightsNEW YORK, Aug 16 (Reuters Breakingviews) - Intel (INTC.O) can thank China later. The chipmaker on Wednesday terminated its $5.4 billion acquisition of Tower Semiconductor (TSEM.TA), after failing to secure approval from the country’s State Administration for Market Regulation. Beijing’s trustbusters are providing a helpful escape route from the intensifying technology trade war. Reuters GraphicsAdding Tower would have helped Intel boss Pat Gelsinger with his strategic pivot to making semiconductors designed by others. Tower uses old technology, however, while Intel’s new customers, including the U.S. Department of Defense and Qualcomm, want cutting-edge fabrication.

Persons: Pat Gelsinger, MaxLinear, China’s, Jeffrey Goldfarb, Sharon Lam Organizations: Dow Jones Industrial, Intel, Reuters, Tower Semiconductor, Administration, Market, NXP Semiconductors, U.S . Department of Defense, Qualcomm, Wall Street Journal, Motion Technology, Cisco Systems, Acacia Communications, Thomson Locations: San Diego , California, China, country’s, Washington, Beijing

☆ Intel terminates plan to buy Tower Semiconductor
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

Tower Semiconductor is seen on smartphone in this illustration taken, February 15, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAug 16 (Reuters) - Intel (INTC.O) said on Wednesday it has terminated its plans to acquire Israeli contract chipmaker Tower Semiconductor (TSEM.TA) as it was unable to get timely regulatory approvals for the $5.4 billion deal. Intel, which signed a deal to buy Tower last year, will pay a termination fee of $353 million to the latter, according to a statement. Intel, however, did not mention the details about the regulatory approvals. Reporting by Anirudh Saligrama in Bengaluru; Editing by Savio D'Souza and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Anirudh, Savio D'Souza, Nivedita Organizations: Semiconductor, REUTERS, Intel, chipmaker, Reuters, Thomson Locations: Bengaluru

Tower Semiconductor is seen on smartphone in front of displayed Intel logo in this illustration taken, February 15, 2022. Last year, DuPont De Nemours Inc (DD.N) scrapped its $5.2 billion deal to buy electronics materials maker Rogers Corp (ROG.N) after delays in securing approval from Chinese regulators. But Gelsinger also said Intel was investing in its foundry business, which makes chips for other companies, irrespective of the Tower deal. Investors had given up hope on the Tower deal as a result. It has committed to trimming $3 billion in costs this year, with an aim of saving between $8 billion and $10 billion by the end of 2025.

Persons: Dado Ruvic, Pat Gelsinger, Gelsinger, Benjamin Netanyahu, Anirban Sen, Max Cherney, Jamie Freed Organizations: Semiconductor, REUTERS, Intel Corp, chipmaker, Intel, State Administration, Market, DuPont De Nemours Inc, Rogers Corp, Investors, Nasdaq, Taiwan Semiconductor Manufacturing, Thomson Locations: China, United States, Taiwan, Israel, New York, San Francisco

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