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☆ Analysis: China's great reopening may come too late for many businesses
  + stars: | 2022-11-22 | by ( Casey Hall Sophie Yu | Casey Hall | Sophie Yu | ) www.reuters.com   time to read: +5 min
[1/2] Camden Hauge, who owns the Egg cafe, poses in her cafe in central Shanghai, following the coronavirus disease (COVID-19) outbreak in Shanghai, China, November 16, 2022. Their Lost Plate company, which has been hosting food tours in several Chinese cities since 2015, will instead veer to Southeast Asia. With COVID outbreaks getting worse, it is unlikely that China's economy can shift into a higher gear in the near term. Local authorities in some Chinese cities eased restrictions, while others tightened. At its core, the problem reflects authorities' failure to prioritise the interests of consumers, who are often the punching bag in China's investment-driven economy.
☆ FBI chief says shadowy Chinese police stations in the US are 'outrageous' and he's 'very concerned'
  + stars: | 2022-11-18 | by ( John Haltiwanger | ) www.businessinsider.com   time to read: +3 min
FBI Director Christopher Wray said he's "very concerned" about secret Chinese police stations in the US. "We are aware of the existence of these stations," Wray said during a Senate hearing. The FBI chief on Thursday said it would be "outrageous" for Chinese police to "set up shop" in New York "without proper coordination." The FBI chief said it's important for Chinese-Americans and Chinese dissidents to call the FBI and report if they believe they've been targeted by the Chinese government. "President Xi's precedent-breaking third term bodes ill for human rights in China and around the world," Yaqiu Wang, a senior China researcher at Human Rights Watch, said last month.
☆ Oath Oath Keepers founder used money donated to the far-right group for holiday travel and personal expenses: January 6 trial
  + stars: | 2022-11-07 | by ( C. Ryan Barber | ) www.businessinsider.com   time to read: +6 min
Rakoczy then pressed him, asking if he'd tapped into Oath Keepers funds "quite a bit" to cover personal expenses. Rhodes, who remained outside the Capitol, testified that he thought it was "stupid" for Oath Keepers members to enter the building. From the Oath Keepers' founding, the group was focused on "forceful opposition to the government, isn't that right?" In her questioning, she also noted that the Oath Keepers provided ammunition for AR-15 rifles during the 2014 standoff at the Bundy Ranch. For Rakoczy, Rhodes' preferred image of the Oath Keepers was belied by his own messages with fellow members.
☆ Wall Street's rising stars admit their biggest career mistakes — from missing out on lucrative bets to taking too much on — and what they learned from them
  + stars: | 2022-10-24 | by ( Alex Morrell | Alyson Velati | Asia Martin | ) www.businessinsider.com   time to read: +17 min
Vinay Trivedi, a vice president at General Atlantic focusing on the technology sector. I don't think we necessarily transitioned fast enough to how people learn if we're only doing audio from home. - David Israel, 27, vice president at Credit SuisseAngel Pu Shum is a principal within Warburg Pincus's technology group. -Allison Boxer, 29, senior vice president and economist at PIMCONoah Zerance, a vice president with Bank of America's global sustainable-finance group. and the response would be, 'Well, we don't know how we do it yet.
☆ What is rainbow fentanyl? Colorful pills drive new warnings
  + stars: | 2022-09-25 | by ( Jacqueline Howard | ) edition.cnn.com   time to read: +10 min
"Colored fentanyl pills have been around for a few years. At the time, the agency said that it and its law enforcement partners seized the brightly colored fentanyl and fentanyl pills across 18 states. While he and his colleagues are aware of rainbow fentanyl warnings, he hasn't heard any patients or parents mention it. When it comes to rainbow fentanyl, "the fentanyl itself is going to be the same issue as the counterfeit pharmaceutical fentanyl. The only difference between rainbow fentanyl and the fentanyl products of the past appears to be the coloring.
☆ A VC who's raising $30 million lays out why he's betting on cannabis life-science companies to avoid the sector's 'irrational exuberance'
  + stars: | 2022-03-03 | by ( Jeremy Berke | ) www.businessinsider.com   time to read: +3 min
Bonaventure Equity is raising $30 million to bet on life-science startups in the cannabis industry. A 'life sciences' approach to cannabisO'Brien says he broadly defines "life sciences" to encompass three different buckets: ag-tech, biotech, and healthcare. Investors poured $2.7 billion into cannabis startups in 2021, up from $1.5 billion in 2020, according to the data provider PitchBook. Bonaventure isn't the only venture firm focused on the life sciences aspect of cannabis. Óskare Capital, a new fund, is raising $170 million to invest in medical and pharmaceutical cannabis in Europe, as Insider has reported.
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