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☆ A climate tech CEO took calls from an airplane bathroom to try and save his company when his bank collapsed
▼ + stars: | 2023-03-16 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Baird, the founder and CEO of BlocPower, a climate-tech company electrifying buildings in underserved communities, had more than $1 million in deposits at SVB. SVB worked with more than 1,550 clients in the climate-tech and sustainability sectors, particularly community solar. Baird said SVB was a great partner for early-stage startups because, unlike many traditional banks, it would provide loans, credit cards, and bank accounts. "People who aren't in Silicon Valley are thinking, 'Look at these rich, immature tech bros who cannibalized their own bank.

President Biden meets with European Commission President Ursula von der Leyen at the White House in Washington last Friday. The Group of Seven advanced democracies want to keep the price cap on Russian crude at $60 a barrel, according to people familiar with the matter, thwarting hopes in some European capitals of tightening the Western sanctions this month. European Commission officials warned the bloc’s member states about the G-7 position, saying that President Biden had told European Commission President Ursula von der Leyen in the Oval Office of the White House last week there was no appetite in Washington for adjusting the oil sanctions, according to the people familiar with the matter.

☆ Mozambique records rise in cholera cases, Malawi sees decline - WHO
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +1 min

[1/2] Eliza Tangwe, 18, takes a dose of oral cholera vaccine at a health centre in response to the latest cholera outbreak in Blantyre, Malawi, November 16, 2022. REUTERS/Eldson Chagara/March 15 (Reuters) - Mozambique recorded an increase in the number of cholera cases in the last few weeks, the World Health Organization said on Wednesday, even as many other African countries reported a decline. Mozambique's neighbor Malawi, which has been battling the deadliest cholera outbreak in its history, was now seeing a sustained decline in cases and deaths, WHO official and epidemiologist Dr Otim Ramadan said. Overall, cholera cases and deaths in Africa have been declining over recent weeks. So far this year, more than 40,000 cases have been reported in Africa, with Malawi accounting for more than half and Mozambique recording about 15%, WHO reported.

☆ The US military has 6 new air-to-air missiles in the works
▼ + stars: | 2023-03-15 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +16 min

The US military has at least six new air-to-air missiles in active development. The US's current air-to-air missiles are effective, but they aren't designed for the newest US jets. Russia and China are fielding missiles with incredible rangeChinese-made PL-9C, left, and PL-5E air-to-air missiles at the Airshow China exhibition in November 2000. Peregrine Air-to-Air missileRaytheon's Peregine air-to-air missile has actually been around for a few years already. Modular Advanced Missile (MAM)The Modular Advanced Missile (MAM) is among the newest additions to this list.

☆ U.S. FDA approves Acadia's Rett syndrome drug
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +3 min

The approval comes months after the FDA declined to approve expanded use of Acadia's drug Nuplazid to treat psychosis related to Alzheimer's disease. Acadia said it plans to make the drug available to patients by the end of April. He forecast peak U.S. trofinetide sales of $487.2 million by 2035. After the FDA declined to approve the expanded use of Nuplazid, Acadia said it would not pursue that indication for Nuplazid further. Improvement of symptoms was measured according to the assessment scales Rett Syndrome Behaviour Questionnaire and the Clinical Global Impression of Improvement.

☆ I'm an influencer who makes 80% of my 6-figure income from Amazon. Here are my top 5 strategies for success.
▼ + stars: | 2023-03-14 | by ( Marta Biino | ) www.businessinsider.com time to read: +6 min

About 80% of his six-figure influencer income comes from promoting products on Amazon. One night while we were having dinner, my kids were watching funny videos on TikTok. Now, 80% of my six-figure yearly income as a creator comes from Amazon commissions, and the rest comes from partnerships with brands. This will make it easier for you to promote the products and for your audience to trust your recommendations. Go live with Amazon Live shoppable videos — here's how I do itShare your favorite finds live on Amazon, where viewers can watch your streams, chat with you, and shop the products you recommend.

☆ I make 6 figures reviewing tech products with the Amazon influencer program. Here are my 6 tips for success.
▼ + stars: | 2023-03-13 | by ( Marta Biino | ) www.businessinsider.com time to read: +6 min

About 80% of his six-figure influencer income comes from promoting products on Amazon. He shared his top tips to build a successful business as an Amazon Influencer. Here are my top tips for finding success as an Amazon Influencer. This will make it easier for you to promote the products and for your audience to trust your recommendations. Go live with Amazon Live shoppable videos — here's how I do itShare your favorite finds live on Amazon, where viewers can watch your streams, chat with you, and shop the products you recommend.

☆ U.S. FDA approves Acadia's genetic Rett syndrome drug
▼ + stars: | 2023-03-11 | by ( ) www.reuters.com time to read: +3 min

March 10 (Reuters) - The U.S. Food and Drug Administration approved Acadia Pharmaceuticals Inc's (ACAD.O) drug for the treatment of Rett syndrome, a genetic brain disorder, the company said on Friday, making it the first approved drug for the condition. The approval comes months after the FDA declined to approve expanded use of Acadia's drug Nuplazid to treat psychosis related to Alzheimer's disease. Acadia said it plans to make the drug available to patients by the end of April. He forecast peak U.S. trofinetide sales of $487.2 million by 2035. Improvement of symptoms was measured according to the assessment scales Rett Syndrome Behaviour Questionnaire and the Clinical Global Impression of Improvement.

☆ North Korea decides on war deterrence measures, KCNA says
▼ + stars: | 2023-03-11 | by ( ) www.reuters.com time to read: 1 min

[1/2] Progress of the 5th Enlarged Meeting of the 8th Central Military Commission of the Workers' Party of Korea, in Pyongyang, North Korea in this image released on March 11, 2023. KCNA via REUTERSSEOUL, March 12 (Reuters) - North Korea decided to take important, practical war deterrence measures at a meeting of the ruling party's military commission presided over by leader Kim Jong Un, state news agency KCNA said on Sunday. (This story has been refiled to add a missing word)Reporting by Ju-min Park; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

☆ Toronto school board becomes first in Canada to recognize caste discrimination
▼ + stars: | 2023-03-09 | by ( Kanishka Singh | ) www.reuters.com time to read: +2 min

March 9 (Reuters) - Toronto's school board has become the first in Canada to recognize that caste discrimination exists in the city's schools and has asked a provincial human rights body to help in creating a framework to address the issue. The Toronto District School Board on Wednesday voted in favor of a motion to that effect, which was introduced by board trustee Yalini Rajakulasingam. It comes weeks after Seattle became the first U.S. city to outlaw caste discrimination after a city council vote. Rajakulasingam called for a partnership between the human rights commission of Ontario, Canada's most populous province, and Toronto's school board. Activists opposing caste discrimination say it is no different from other forms of discrimination like racism and hence should be outlawed.

☆ Bodycam footage shows cops forcefully arresting a Black family at Starbucks. A jury awarded them $8.25 million in damages.
▼ + stars: | 2023-03-09 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

A Black mother and her two daughters were detained at a Starbucks in California in September 2019. Bodycam footage shows the family were handcuffed after the mother refused to show her ID. A California jury awarded the family more than $8 million on Wednesday, court documents show. After an altercation, Holland ordered all three family members out of the car and detained them, the video shows. The Alameda County Sheriff's Office did not immediately respond to Insider's for comment.

☆ Morning Bid: Breathtaking Powell jolts
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +5 min

Rate markets are still scrambling to re-set and even the White House seemed taken aback by what it hoped would not be an overreaction to the surprisingly robust start to the new year. "But we're dealing with one month of data and people need to sit back and take a breath." The frenetic activity saw the measure of implied Treasury market volatility (.MOVE) jump to its highest level this year. Sterling , the Japanese yen , China's yuan and both the Australian and Canadian dollars all hit their lowest levels of 2023. * Bank of Canada policy decision* U.S. Federal Reserve Chair Jerome Powell testifies to House Financial Services Committee.

☆ Inside the germy, sneeze-filled meeting between Morgan Stanley's CEO and the Saudi crown prince at the onset of COVID-19
▼ + stars: | 2023-03-08 | by ( Liz Hoffman | ) www.businessinsider.com time to read: +8 min

James Gorman, CEO of Morgan Stanley, met with the Saudi crown prince at the onset of the pandemic. The young royal kept sneezing during the meeting — and Gorman's fear of a deadly pathogen began to grow. He was in the royal palace in Riyadh, Saudi Arabia, seated to the right of the country's crown prince, Mohammed bin Salman. Given their recent experience with a deadly virus, Gorman took the caution of his Kuwaiti hosts as a sign that the West was underestimating the dangers of this one. And now, as Gorman chatted with the controversial 34-year-old crown prince about ways Saudi Arabia could diversify its economy and reduce its reliance on oil, the young royal kept sneezing.

☆ How universities became giant piggy banks for hedge-fund billionaires
▼ + stars: | 2023-03-08 | by ( Catherine Liu | ) www.businessinsider.com time to read: +14 min

The move also marked the beginning of a new way to manage endowment funds. The arrangement has been a boon for the hedge-fund managers who received university endowment cash, but the benefits for the schools are trickier to parse. As Eaton put it in his book, universities directed funds to "wherever those allocations would generate the largest further investment returns." Eaton estimated in 2017 that tax breaks for university endowments cost federal coffers up to $19 billion a year. As the influence of billionaires and hedge-fund managers has grown, universities have moved further away from their ultimate goal: educating people.

☆ Womb for rent: More women are working as commercial surrogates as global demand rises
▼ + stars: | 2023-03-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

Typically, commercial surrogacy is gestational surrogacy, meaning the surrogate has no biological link to the child. The growing commercial surrogacy industryDilara is one of a growing number of women turning to commercial surrogacy as a source of income amid swelling global demand for carriers. The global commercial surrogacy industry was worth an estimated $14 billion in 2022, according to market research consultancy Global Market Insights — though exact numbers are hard to verify given the private nature of many arrangements. In the first three quarters of 2022, more than 400 parental orders were made for surrogate parents in the U.K. Women's rights groups are calling for greater regulation of the commercial surrogacy industry.

☆ Facebook tests bringing back in-app messaging features as it competes with TikTok
▼ + stars: | 2023-03-07 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

In an interview with CNN, Facebook head Tom Alison said the platform is testing bringing messaging capabilities back to the Facebook app so users can more easily share content without having to use the Messenger app. The test comes as Facebook looks to beat back competition from TikTok by bolstering its position both as a platform to discover new content and discuss it. The goal was clear: to keep users engaged longer and help the platform better compete with TikTok and its steady stream of recommended content. The platform last month reported that it hit 2 billion daily active users in the December quarter. For some creators, for example, Facebook has become a place to create groups of fans and hold conversations beyond the content they share to Instagram and TikTok, Alison said.

☆ Syria says Israeli strike puts Aleppo airport out of service
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +3 min

BEIRUT, March 7 (Reuters) - An Israeli air strike knocked Aleppo airport out of service on Tuesday and forced the Syrian authorities to reroute flights carrying aid for those affected by last month's earthquake, Syrian state media reported. The attack caused "material damage" to the airport, SANA cited the source as saying, without mentioning any casualties. Foreign donors including the United Arab Emirates, Iran, Saudi Arabia and Algeria have flown aid into Aleppo airport since the Feb. 6 earthquake, Syrian state media has reported. The attack overnight was Israel's third air strike in Syria this year, according to the Syrian Observatory for Human Rights. In January, the Syrian army said an Israeli missile attack briefly put Damascus airport out of service.

☆ Japan's new rocket fails after engine issue, in blow to space ambitions
▼ + stars: | 2023-03-07 | by ( Tim Kelly | ) www.reuters.com time to read: +3 min

[1/4] An H3 rocket carrying a land observation satellite lifts off from the launching pad at Tanegashima Space Center on the southwestern island of Tanegashima, Kagoshima Prefecture, southwestern Japan March 7, 2023, in this photo taken by Kyodo. The 57-metre (187 ft) tall H3 rocket lifted off without a hitch from the Tanegashima space port, a live-streamed broadcast by the Japan Aerospace Exploration Agency (JAXA) showed. But upon reaching space, the rocket's second-stage engine failed to ignite, forcing mission officials to manually destroy the vehicle. "This will have a serious impact on Japan's future space policy, space business and technological competitiveness," he added. A successful launch on Tuesday would have put the Japanese rocket into space ahead of the planned launch later this year of the European Space Agency's new lower-cost Ariane 6 vehicle.

☆ Factbox: Chinese chipmaking equipment manufacturers filling void left by U.S. export restrictions
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +5 min

Naura's most advanced etching machine supports 55 nm and 28 nm chipmaking technology, well behind the leading edge of chip manufacturing. The firm also makes deposition machines, which apply chemicals and gases to silicon wafers throughout the chipmaking process. It produces machines that can service the 14 nm to 28 nm process nodes of its deposition machines. ADVANCED MICRO-FABRICATION EQUIPMENT INC CHINA (AMEC) (688012.SS)AMEC makes etching equipment used to remove excess material from the surface of silicon wafers. BEIJING E-TOWN SEMICONDUCTOR TECHNOLOGY CO LTD (BEST)BEST produces degumming equipment used to remove photoresist chemicals during the lithography process.

☆ Pakistani police serve arrest warrants to former PM Imran Khan
▼ + stars: | 2023-03-05 | by ( Mubasher Bukhari | ) www.reuters.com time to read: +2 min

LAHORE, Pakistan, March 5 (Reuters) - Pakistani police on Sunday served arrest warrants to former prime minister Imran Khan to ensure his appearance in court on charges of misusing his office to sell state gifts, authorities said, after Khan's supporters tried to prevent police entry into his home. The Federal Investigation Agency then filed charges against him in an anti-graft court, which last week issued the arrest warrants after Khan failed to appear in court despite repeated summons. He led countrywide protest campaigns to press for an early vote last year and was shot at and wounded at one of the rallies. Chaudhry said the government wanted to sow political chaos and avoid an early election by arresting the former premier, who was still popular among the country's youth and urban voters. Islamabad police said in a statement that when Khan wasn't found at his residence in Lahore, they served the arrest warrants.

☆ 5 side hustles that can make you hundreds a month with only a few hours of work and no up-front costs
▼ + stars: | 2023-03-05 | by ( Jen Glantz | ) www.businessinsider.com time to read: +7 min

Jen Glantz is an entrepreneur who has tried various side hustles to pass time in the winter months. But as a full-time entrepreneur whose income varies drastically month to month, I feel guilty when I'm not making money during my free time. Plus, many of these extra gigs can be done on the weekends, so they don't disrupt the flow of my work schedule. I often put the same items on both platforms to double the exposure and increase the potential of a sale. I stopped doing this once I met my partner and we started traveling more in the winter season together.

☆ FTC bans online mental health company BetterHelp from sharing user data for targeted ads, as federal crackdowns on info misuse intensify
▼ + stars: | 2023-03-02 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

The FTC announced a settlement with BetterHelp over allegations of sharing user data with third parties. BetterHelp will be banned from sharing the data with outside parties for advertising, and pay $7.8 million in partial refunds. Users who signed up from August 2017 through 2020 may have had their data improperly shared, per the FTC. He continued: "Instead, BetterHelp betrayed consumers' most personal health information for profit. The company was similarly banned from sharing the health information of its users with advertisers, and agreed to pay a $1.5 million fine.

☆ Fair and Balanced? Murdoch’s private messages show Fox News was instructed to help Republicans
▼ + stars: | 2023-03-02 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

But a deposition and private messages made public in recent weeks has exposed that even Rupert Murdoch doesn’t treat Fox News like an actual news organization. But at Fox News, that’s not the case. It’s just striking to hear Fox leadership like Ryan talk openly behind the scenes about what the company is at its core. Fox News has accused Dominion of having “cherry picked” statements to unfairly malign the network. But it’s hard to see how, under any circumstances, these instructions to a supposed network news chief would be appropriate.

☆ India's top court overhauls election commissioner appointment in 'historic' judgment
▼ + stars: | 2023-03-02 | by ( Sakshi Dayal | ) www.reuters.com time to read: +2 min

Joseph, delivering the order of a constitution bench that heard several petitions calling for an independent committee to appoint election commissioners. "The election commission of India is to perform the arduous and unenviable task of remaining aloof from all forms of subjugation by and interference from the executive." "They have said the independence of the election commission is absolutely essential for democracy, and for that independence to be assured, you cannot have a system where the government alone appoints the election commissioners," he told reporters outside the court. India's former chief election commissioner, S.Y. Good for the perception of neutrality of the Election Commission."

☆ Supreme Court Weighs Future of New York Harbor Commission
▼ + stars: | 2023-03-01 | by ( Paul Berger | Jess Bravin | ) www.wsj.com time to read: 1 min

New Jersey officials argue that most cargo activity has moved from the piers of New York City to terminals in their state, such as this one in Elizabeth. The U.S. Supreme Court hears arguments Wednesday on the fate of an obscure agency that polices organized crime and fair hiring at the East Coast’s busiest port. The states of New York and New Jersey set up the Waterfront Commission of New York Harbor in 1953, prompted by a 1949 newspaper investigation into union corruption that won a Pulitzer Prize for reporter Malcolm Johnson and inspired the Marlon Brando picture “On the Waterfront.”

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