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☆ Massive changes could be coming to the way the stock market functions
▼ + stars: | 2022-12-15 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Wall Street’s top cop has voted in favor of major changes to the way millions of everyday investors buy and sell stocks. The Securities and Exchange Commission Wednesday proposed a rule that it says would add competition to an unseen — but potentially costly — part of the stock trading system for retail investors. Payment for order flow has come under intense scrutiny by regulators following the fallout from the January 2021 run-up in meme stocks like GameStop. “Today’s markets are not as fair and competitive as possible for individual investors — everyday retail investors,” Gensler said. “Thus, today’s proposal is designed to bring greater competition in the marketplace for retail market orders.”– CNN’s Allison Morrow contributed to this report

☆ tWitch’s legacy of kindness makes his loss all the more tragic
▼ + stars: | 2022-12-15 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

They were simply returning a bit of the kindness and love Boss poured into the world. His tragic death has stirred public shock, expressions of grief and confusion about how it was possible given the joy Boss seemed to exude in his work. Boss talked to Yahoo in April 2021 about trying to move their way through those difficult months. In a 2017 conversation on the “Aubrey Marcus Podcast,” Boss talked about dancing and perseverance through challenge. “When you feel good, you dance,” Boss said.

Stephen "tWitch" Boss was a thoroughly modern dancer. He lit up the stage of "The Ellen DeGeneres Show" for nearly a decade. He was so classy," Boss told The Associated Press in 2014, the year he joined the "Ellen" show. Stephen "tWitch" Boss on "Ellen's Game of Games." Stephen "tWitch" Boss and Ellen DeGeneres on "Ellen's Game of Games".

☆ Hunting for Travel Deals? Brace for a Winter of Discontent
▼ + stars: | 2022-12-14 | by ( Allison Pohle | ) www.wsj.com time to read: 1 min

Cancún, Mexico, is one of the most in-demand destinations for U.S. leisure travelers in the first quarter of 2023. Anyone looking to book a trip for early next year needs to understand the difference between cheaper and cheap. Off-peak season deals are available. But because demand is still high and costs for travel companies have climbed, average prices for plane tickets, hotels and short-term rentals will remain higher than they were last year and before the pandemic, according to booking data, analysts and industry watchers.

Stephen ‘tWitch’ Boss, the longtime DJ on Ellen DeGeneres’ talk show, has died, according to his wife. Boss was pronounced dead just before 11:30 a.m. local time on Tuesday in Encino, the medical examiner said. Stephen 'tWitch' Boss in 2018. Holker Boss said her husband valued family, friends and community, adding that "leading with love and light was everything to him." Ellen DeGeneres said she was left “heartbroken” by news of Boss’ death, calling him "pure love and light."

☆ Stephen ‘tWitch’ Boss, Dancer and Executive Producer on ‘The Ellen DeGeneres Show,’ Dies at 40
▼ + stars: | 2022-12-14 | by ( Joseph Pisani | ) www.wsj.com time to read: 1 min

Stephen “tWitch” Boss, a dancer and longtime sidekick on “The Ellen DeGeneres Show,” has died. He was 40 years old. “It is with the heaviest of hearts that I have to share my husband Stephen has left us,” his wife, Allison Holker Boss , said in a statement Wednesday. “Stephen, we love you, we miss you, and I will always save the last dance for you.”

☆ Premarket stocks: Investors are hoping for the economic tide to turn. The wait may soon be over
▼ + stars: | 2022-12-14 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

What’s happening: Price increases in the United States cooled more than economists expected last month, recording the lowest level of growth since last December. This is the second consecutive month of moderating price pressures and could mean the underlying trend of inflation is finally decelerating. That’s a welcome and hopeful sign for consumers, policymakers and investors, said Jim Baird, chief investment officer at Plante Moran Financial Advisors. The bill specifically names TikTok and its parent, ByteDance, as social media companies for the purposes of the legislation. In the past two weeks, at least seven states have introduced such measures, including Maryland, South Dakota and Utah.

☆ Ellen DeGeneres ‘heartbroken’ over death of Stephen ‘tWitch’ Boss
▼ + stars: | 2022-12-14 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +2 min

CNN —Ellen DeGeneres has issued a statement regarding the death of her former talk show’s longtime DJ and co-executive producer, Stephen “tWitch” Boss, saying on Wednesday that she’s “heartbroken” over his passing. Boss began his DJ duties on “The Ellen DeGeneres Show” in 2014, eventually going on to become a co-executive producer and occasional guest host. Amid tribulations during the show’s run, stemming from allegations against DeGeneres from some employees about a toxic work environment, Boss publicly stood by his friend DeGeneres. “We can’t speak too much legally about it, but I’ll say this, there’s been love,” Boss told Us Weekly. “Obviously there’s some things to address, but from my standpoint and from countless others, there’s been love.

☆ tWitch tributes: Friends honor dancer who was 'loved by everyone'
▼ + stars: | 2022-12-14 | by ( Dan Heching | ) edition.cnn.com time to read: +7 min

CNN —The late Stephen “tWitch” Boss was a man who wore many hats. He was hungry, eager, and willing to do the work that would lift him in spirit and means,” she wrote. Murphy shared that the first time she met Boss, “there was something about him. Other celebrities to mourn Boss’s passing included Questlove, who wrote on Instagram, “I have no words man. Ciara continued in her missive to Boss that she always knew him “as joy, laughter, good times, and a big smile!

☆ Parents of Sam Bankman-Fried face scrutiny over their roles in FTX
▼ + stars: | 2022-12-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

Now, Joseph Bankman and Barbara Fried, the FTX founder’s parents, may face legal troubles of their own. Bankman-Fried’s lawyer declined to comment when asked about scrutiny of his parents. The new CEO of FTX is John Ray III, a restructuring expert tasked with shepherding the company through its complex bankruptcy. They have told friends that their son’s legal bills will likely wipe them out financially, according to the paper. A judge ordered that Bankman-Fried must remain in custody after denying a request for bail, calling him a flight risk.

Annual gun deaths, ages 1 through 18 2021: 3,597 3,000 2,000 1,000 2000 ’10 ’20In May, the nation watched as horror unfolded in Uvalde, Texas. Last year, nearly two-thirds of gun deaths involving children — 2,279 — were homicides. Most homicides involved Black children, who make up a small share of all children but shoulder the burden of gun violence more than any others, a disparity that is growing sharply. Last year, suicides made up nearly 30 percent of child gun deaths — 1,078. The Gun Violence Archive, a nonprofit organization that has tracked deaths and injuries related to gun violence since 2014, compiles location and other data for thousands of fatal shootings.

☆ Stephen ‘tWitch’ Boss, DJ for ‘Ellen DeGeneres Show,’ dead at 40
▼ + stars: | 2022-12-14 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

CNN —Stephen “tWitch” Boss, the amiable DJ for “Ellen DeGeneres Show” and dancer who rose to fame on “So You Think You Can Dance,” has died, his wife, fellow dancer Allison Holker Boss, confirmed in a statement to CNN. “It is with the heaviest of hearts that I have to share my husband Stephen has left us,” Holker Boss said in a statement. “I have always been that type ‘Don’t tell me what I won’t do,’” Boss said. Literally, we danced and we were together holding hands the very next day,” Holker Boss added. Boss’ final Instagram post on Monday showed him and Holker Boss dancing in front of a Christmas tree.

☆ Binance withdrawals jumped to $3 billion in 24 hours, Nansen says
▼ + stars: | 2022-12-14 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of negative headlines about the cryptocurrency industry rattled users of the world’s largest exchange. Andrew Thurman, content lead for Nansen, told CNN that at its peak, Binance saw “as high as $3 billion in net outflows” over a 24-hour period. Binance CEO Changpeng Zhao said that the exchange had at one point seen “some withdrawals” of roughly $1.1 billion. The founder of Binance’s one-time competitor, Sam Bankman-Fried, was arrested in the Bahamas this week after US prosecutors filed criminal charges against him. On Tuesday, Bankman-Fried was indicted in the United States on eight criminal charges including wire fraud and conspiracy.

☆ Why Tom Brady, David Ortiz, Jimmy Fallon and other celebrities are getting sued over crypto
▼ + stars: | 2022-12-14 | by ( Jennifer Korn | ) edition.cnn.com time to read: +4 min

Tom Brady, Madonna, Gwyneth Paltrow and baseball Hall-of-Famer David Ortiz are just some of the big names facing lawsuits from investors as the crypto world crumbles in the wake of FTX’s fall from grace. The backlash started earlier this month, when a class-action suit was filed against celebrities, including Jimmy Fallon, Justin Bieber and Serena Williams for promoting Bored Ape Yacht Club NFTs. None of the celebrities named in the lawsuits immediately responded to requests from CNN for comment. Investors in FTX are not expected to be able to recover their money, the company’s CEO testified on Capitol Hill Tuesday. And after the crypto market bust and a round of lawsuits, celebrities may think twice about what they endorse in the future, too.

New York CNN —FTX founder Sam Bankman-Fried was indicted on eight criminal charges including wire fraud and conspiracy by misusing customer funds, according to an indictment from the US Attorney of the Southern District of New York. Separately Tuesday, US markets regulators charged Bankman-Fried with defrauding investors and customers in his failed crypto exchange FTX. The Securities and Exchange Commission said Bankman-Fried, “orchestrated a years-long fraud” to conceal from FTX investors the diversion of customer funds to Alameda Research, his crypto-trading hedge fund. Star athletes and celebrities who backed FTX also reportedly received a stake in the company, including Tom Brady and Gisele. That meant there was no meaningful distinction between FTX customer funds and Alameda’s funds that Bankman-Fried used as his “personal piggy bank,” the complaint says.

☆ Everything you need to know about the FTX saga that unfolded today
▼ + stars: | 2022-12-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

On Tuesday, Ray testified before the House Financial Services Committee, relaying what he could about the company he took over just four weeks ago. FTX, on the other hand, was “not sophisticated at all.”“This is really old-fashioned embezzlement,” Ray continued. They say he misappropriated FTX customers’ deposits by using those funds to pay expenses and debts of Alameda, his crypto hedge fund. (The SDNY are an aggressive people, but they are not sloppy, and they don’t indict without a solid case.) Several lawyers not involved in the case have told me that the speed of Bankman-Fried’s arrest signals that former FTX employees may be aiding prosecutors.

Just because rural areas are less populated doesn’t mean it’s cheaper to provide health services there. She recommends that rural counties explore lower-cost, evidence-based options like distributing naloxone, funding syringe service programs, or connecting people to housing or employment. “We couldn’t function if we didn’t partner for lots of different services.”In Colorado, pooling funds is built into the state’s model for managing opioid settlement money. “Nobody has paid any attention to our rural areas and this problem for years,” Laske said. They cross-referenced the results with a list of allowable uses for the $9 million in settlement funds they’ll receive over 18 years to create a priority grid.

CNN —A Republican senator became emotional as he spoke in deeply personal terms about the importance of mental health care in America. A loved one, a friend, someone you know, that has serious mental illness.”For Cassidy, the issue is personal. Or, we can say we’re going to attempt to do something about it,” he told CNN. In May, Cassidy, alongside Democratic Sen. Chris Murphy, introduced legislation to expand and improve upon a bipartisan mental health measure that had expired in September. “Whether or not it’s passed, at the end of the year, I can’t tell you that,” Cassidy told CNN.

☆ Weekend atmospheric river brings feet of snow and flooding rain
▼ + stars: | 2022-12-10 | by ( Allison Chinchar | ) edition.cnn.com time to read: +5 min

CNN —An atmospheric river event, bringing ample amounts of moisture to the West this weekend, will gradually move across the country and bring hazardous weather to millions. The blockbuster storm will begin in the West with heavy snow, gusty winds, and coastal flooding, then move eastward, threatening potential blizzard conditions in the Midwest and tornadoes in the South. More than a dozen western states are under winter weather alerts this weekend as the potent storm system moves across the region. Heavy rain will also be notable up and down the West Coast, particularly in California, where flooding concerns exist through Sunday. Similar to a fire hose, it shoots moisture into one area for an extended period of time, resulting in very heavy rain or snow.

☆ Once a mighty empire, Britain today sees millions struggling simply to live
▼ + stars: | 2022-12-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +4 min

Britain is the world’s sixth-largest economy, a top-tier industrialized power that still sees itself as a cradle of the postwar welfare state. Britain once compared itself to giants like France and Germany; today many of its metrics more closely resemble Eastern Europe’s weaker economies. One in six British households are on social security checks, and almost a third of British kids live in poverty, government figures show. He is on public benefits for a range of physical and mental health issues, from diabetes to post-traumatic stress disorder from his time in the armed forces. I’ve got nothing to look forward to.”Poverty is closely linked to an increase in mental and physical health problems, according to the Centre for Mental Health charity.

New York CNN —Sam Bankman-Fried, the founder of the failed crypto exchange FTX, has agreed to testify before the Senate Banking Committee next week as questions and confusion swirl about the collapse of his companies. One of the key questions prosecutors are likely to probe is whether FTX misappropriated customer funds when it made loans to Alameda. “I didn’t knowingly commingle funds,” he told The New York Times last week. The Times said the issue is part of a broadening inquiry into the collapse of FTX, and it’s not clear whether prosecutors have determined any wrongdoing by Bankman-Fried. In a statement to the paper, Bankman-Fried said he was “not aware of any market manipulation and certainly never intended to engage in market manipulation.”

☆ Premarket: Oil stocks are pointing to higher gas prices to come
▼ + stars: | 2022-12-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —Brutally high oil and gas prices were the talk of the town in 2022 and one of the largest contributing factors to sky-high inflation. Oil prices and energy stocks are closely interlinked — so this discrepancy is an odd one and could mean that lower gas prices may not be here to stay. What’s happening: The price of West Texas Intermediate crude oil, the US benchmark, which is a large driver of gas prices, has fallen to its lowest level of the year this week — under $72 a barrel. But even though gas prices are falling, they’re still higher than they have been over the past few years. Exxon and Chevron are also speculating that crude prices will remain elevated and that demand will grow.

☆ Quebec ends mandatory oath to King Charles for elected officials
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +1 min

MONTREAL, Dec 9 (Reuters) - Quebec on Friday passed a law ending a requirement for elected officials to take an oath to Britain's King Charles, agreeing to make such a show of fealty optional. Charles, 73, became king of the United Kingdom and the head of state of 14 other nations, including Canada, when his mother, Queen Elizabeth, died in September. "It's a beautiful moment for Quebec democracy," said PQ leader Paul St-Pierre Plamondon on Twitter. The PQ's three elected lawmakers tried unsuccessfully last week to enter the legislature after declining to take the oath. Reporting by Allison Lampert in Montreal; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

While indigenous groups account for about 5% of the world's population, their lands safeguard about 80% of Earth's remaining plant and animal species, according to the World Bank. Indigenous groups have a range of concerns about the U.N. summit negotiations. Some critics worry that the 30-by-30 target could be used to erode indigenous rights under the guise of conservation. Others, like Tuxa of Brazil and Ngomo of Congo argue that a 30% conservation target does not go far enough to ensure nature's protection. Adopting a 30% target at the national level could backfire, Tuxa said, in suggesting Brazil can open more land to development.

☆ Next winter storm brings threat of tornadoes, blizzard conditions and flooding early next week
▼ + stars: | 2022-12-08 | by ( Allison Chinchar | ) edition.cnn.com time to read: +6 min

CNN —Back-to-back-to-back systems will make their way across the United States over the next few days, with the last – and largest – storm bringing heavy rain, blizzard conditions and the potential for tornadoes. Along the coast, heavy rainfall and gusty winds will hammer the area with 1 to 2 inches of rainfall expected through Friday … before the main event arrives. Flash flooding, blizzard conditions and tornadoes possible next weekA blockbuster storm looks to be taking shape in the West for this weekend into early next week, threatening flash flooding, blizzard conditions and tornadoes. “As the system moves into the Plains early next week, a spring-like storm system develops,” Myers said. That threat is also increasing across the southern Plains and Gulf Coast region.

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