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☆ US consumer confidence ebbs in September
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

A woman carries shopping bags during the holiday season in New York City, U.S., December 21, 2022. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsWASHINGTON, Sept 26 (Reuters) - U.S. consumer confidence fell for a second straight month in September amid worries about higher prices and the political environment, a survey showed on Tuesday. The Conference Board said its consumer confidence index dropped to 103.0 this month from an upwardly revised 108.7 in August. "Consumers also expressed concerns about the political situation and higher interest rates. The decline in consumer confidence was evident across all age groups, and notably among consumers with household incomes of $50,000 or more."

Persons: Eduardo Munoz, Dana Peterson, Consumers, Lucia Mutikani, Chizu Organizations: REUTERS, Rights, Board, Reuters, Conference Board, Thomson Locations: New York City, U.S

☆ Sam Bankman-Fried's trial to test dueling explanations for FTX’s collapse
▼ + stars: | 2023-09-26 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +6 min

He plastered FTX's logo on a basketball arena in Miami and on MLB baseball umpires' uniforms. Prosecutors say Bankman-Fried directed Wang to change FTX's computer code to allow Alameda to borrow unlimited sums of money, a privilege other exchange users lacked. Bankman-Fried's defense lawyers have indicated in court papers that they plan to challenge the credibility of all three witnesses. "The question is, when did Bankman-Fried know that there wouldn't be enough money?" Reporting by Luc Cohen in New York; Editing by Amy Stevens and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Bankman, Eduardo Munoz, Fried, Jane Street, FTX, Damian Williams, Forbes, Bankman, It's, Mark Kasten, Buchanan Ingersoll, Rooney, Caroline Ellison, Gary Wang, Nishad Singh, Wang, Singh, Ellison, District Judge Lewis Kaplan, Paul Tuchmann, Wiggin, Dana, Luc Cohen, Amy Stevens, Daniel Wallis Organizations: REUTERS, U.S, Wall, Alameda Research, MLB, Prosecutors, Attorney, Bankman, Alameda, District, New York Times, Thomson Locations: New York, U.S, Manhattan, Miami, Alameda, Bahamas

☆ Paraguay president to halt Mercosur-EU talks if no deal by December
▼ + stars: | 2023-09-25 | by ( Daniela Desantis | ) www.reuters.com time to read: +2 min

Paraguay's president Santiago Pena addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. Pena has criticized the progress of talks between the two trade blocs since before he took office in August. The deal between Mercosur - the trade bloc composed of Argentina, Brazil, Paraguay and Uruguay - and the EU hit snags in 2019 after a so-called side letter from the EU requiring environmental safeguards. Lula, as well as EU Ambassador to Paraguay Javier Garcia de Viedma, have said they believe an EU-Mercosur deal was feasible by the end of 2023. "I think we are very close," Garcia de Viedma told reporters on Monday.

Persons: Santiago Pena, Eduardo Munoz, Pena, Luiz Inacio Lula da Silva, Lula, Paraguay Javier Garcia de Viedma, Garcia de Viedma, Daniela Desantis, Sarah Morland, Mark Potter Organizations: General Assembly, REUTERS, Rights, European Union, Reuters, EU, Mercosur, United Nations General Assembly, United, United Arab Emirates, Thomson Locations: New York City, U.S, Rights ASUNCION, Paraguayan, Mercosur, Brazil, Paraguay, Argentina, Uruguay, New York, Singapore, United Arab, EU

China, the world's biggest fossil fuel consumer, is among those signalling that it intends to keep using them for decades. By inserting "unabated" before fossil fuels, the pledge targeted only fuels burned without emissions-capturing technology. "We cannot use it to green-light fossil fuel expansion," the countries said in a joint statement. We can't say we want to avoid 1.5 C ... and not say anything about phasing out fossil fuels," Cox said. The Alliance of Small Island States, whose members face climate-fuelled storms and land loss to rising seas, wants a fossil fuel phase-out and an end to the $7 trillion governments spend annually on subsidising fossil fuels.

Persons: Eduardo Munoz, General Antonio Guterres, Sultan Al Jaber, John Kerry, Teresa Ribera, Eamon Ryan, Ryan, Peter Cox, Cox, Fatih Birol, Valerie Volcovici, Kate Abnett, Katy Daigle, Emelia Organizations: U.S, REUTERS, United Nations General Assembly, United Arab Emirates, United, European Union, Reuters, Ireland's, American Petroleum Institute, University of Exeter, International Energy Agency, Rockefeller Foundation, Organization of, Petroleum, Small, States, United Nations, D.C, Thomson Locations: New York, New York City , New York, U.S, Dubai, China, United States, Saudi Arabia, Russia, France, Kenya, Chile, Colombia, Tuvalu, Vanuatu, Japan, Union, Washington, Brussels

☆ US 'disappointed' Solomon Islands leader Sogavare to miss White House summit
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

Solomon Islands Prime Minister Manasseh Sogavare addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 22, 2023. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsSYDNEY/WASHINGTON, Sept 24 (Reuters) - The U.S. is disappointed Solomon Islands Prime Minister Manasseh Sogavare will not attend a Pacific Islands summit with U.S. President Joe Biden next week, the White House said on Saturday. "We are disappointed that PM Sogavare of the Solomons does not plan to attend," a Biden Administration official said. The Australian broadcaster ABC reported Solomon Islands Foreign Minister Jeremiah Manele will attend the summit instead. The Solomon Islands Prime Ministers Office did not respond to a Reuters request for comment.

Persons: Manasseh Sogavare, Eduardo Munoz, Solomon, Joe Biden, Biden, Jeremiah Manele, Sogavare, Xi Jinping, Sato Kilman, Trevor Hunnicutt, Kirsty Needham, Josie Kao Organizations: Islands, General Assembly, REUTERS, Rights SYDNEY, Solomon Islands, Pacific, White, Biden Administration, ABC, Solomon, Solomon Islands Prime Ministers, United Nations General Assembly, Initiative, Global Security Initiative, Vanuatu, Thomson Locations: New York City, U.S, WASHINGTON, China, Washington, Australian, Solomon Islands, New York, Beijing, Solomon, Sydney

Russia's Foreign Minister Sergei Lavrov addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 23, 2023. 'NOT REALISTIC'In a letter to Lavrov last month, U.N. Secretary-General Antonio Guterres outlined four measures the U.N. could immediately move on if there was an understanding that Russia would agree to a resumption of the Black Sea grain deal. They cannot be implemented," Lavrov told a news conference at the United Nations after his General Assembly address. Ukraine and Russia are both major grain exporters and Moscow is also a big supplier of fertilizer to the world. Reporting by Michelle Nichols and Gabriela Baczynska; Editing by Alistair Bell and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergei Lavrov, Eduardo Munoz, Lavrov, Volodymyr Zelenskiy, U.N, Antonio Guterres, They're, Moscow, Guterres, Zelenskiy, Vladimir Putin, Kim Jong Un, Michelle Nichols, Gabriela Baczynska, Alistair Bell, Josie Kao Organizations: Russia's, General Assembly, REUTERS, UNITED NATIONS, Saturday, United Nations, Kyiv, General, Security, North, Thomson Locations: New York City, U.S, United States, Europe, Moscow, Russia, Ukraine, Turkey, New York, Pyongyang, Russian

Russia's Foreign Minister Sergei Lavrov addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 23, 2023. Lavrov added that Moscow left the Black Sea grain initiative because promises made to Russia - including on removing sanctions on a Russian bank and reconnecting it to the global SWIFT system - had not been met. Asked if Russia would send more peace-keepers to Nagorno-Karabakh, a separatist Armenian enclave inside Azerbaijan, Lavrov said that would be decided on the ground. Lavrov accused the West of a neo-colonial mindset in its overtures to the Global South to win backing for Ukraine in the war. Instead, Lavrov spoke of a "global majority" that was being duped by the West, which he described as an "empire of lies".

Persons: Sergei Lavrov, Eduardo Munoz, Lavrov, Antonio Guterres, They're, Volodymyr Zelenskiy, Vladimir Putin, Kim Jong Un, Gabriela Baczynska, Alistair Bell, Josie Kao Organizations: Russia's, General Assembly, REUTERS, UNITED NATIONS, Saturday, West, Kyiv, . Security, Moscow, North, Ukraine, Thomson Locations: New York City, U.S, Moscow, U.N, New York, Ukraine, Russia, Russian, Turkey, Nagorno, Karabakh, Armenian, Azerbaijan, Pyongyang

War between the army and the RSF broke out in mid-April over plans for a political transition and the integration of the RSF into the army, four years after long-time ruler Omar al-Bashir was overthrown in a popular uprising. Burhan has made a series of foreign visits in recent weeks after remaining in Sudan for the first months of the war. The purpose was to seek solutions, not military support, though he had asked other states to block external backing that he asserts the RSF is receiving, he said. The RSF has denied it is behind the violence in Darfur, and will hold its men accountable for abuses. Burhan said he told the governor to seek protection at a military camp, but the governor had rejected that.

Persons: Abdel, Fattah Al, Burhan Abdelrahman Al, Burhan, Eduardo Munoz, Abdel Fattah al, Omar al, Bashir, RSF, Mohamed Hamdan Dagalo, Daphne Psaledakis, Khalid Abdelaziz, Aidan Lewis, Grant McCool Organizations: Transitional Sovereign, General Assembly, REUTERS, NEW YORK, Reuters, Rapid Support Forces, United Nations General Assembly, Thomson Locations: New York City, U.S, West Darfur, CAIRO, New York, Saudi Arabia, United States, Jeddah, Sudan, Darfur, El Geneina, Cairoa

Circuit Court of Appeals in Manhattan. In her writings, she described feeling "unhappy and overwhelmed" with her job and "hurt/rejected" from a breakup with Bankman-Fried. A lawyer for Bankman-Fried told the appeals court on Sept. 19 that Kaplan failed to credit the defendant for exercising his First Amendment constitutional right to speak with the press and try to restore his reputation. The appeals court appeared skeptical. Bankman-Fried faces seven charges of fraud and conspiracy stemming from the collapse of FTX, the now-bankrupt crypto exchange he founded.

Persons: Sam Bankman, Eduardo Munoz, District Judge Lewis Kaplan, Caroline Ellison, Ellison, Fried, Kaplan, Danielle Sassoon, William Nardini, Luc Cohen Organizations: REUTERS, U.S, Circuit, District, Alameda Research, New York Times, Bankman, Metropolitan Detention, Prosecutors, Alameda, Thomson Locations: New York, U.S, Manhattan . U.S, Alameda, Palo Alto , California, FTX

☆ Congo president asks UN peacekeepers to start packing up this year
▼ + stars: | 2023-09-21 | by ( Ange Adihe Kasongo | ) www.reuters.com time to read: +1 min

Democratic Republic of Congo President Felix Antoine Tshisekedi Tshilombo addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 20, 2023. But its presence has become increasingly unpopular in recent years for what critics say is a failure to protect civilians against militia groups, sparking deadly protests. "It is to be deplored that peacekeeping missions deployed for 25 years... have failed to cope with the rebellions and armed conflicts," Tshisekedi told the assembly in a speech. More than 40 people were killed and dozens wounded in an army crackdown on violent anti-U.N. demonstrations in the eastern city of Goma last month. Another protest in July 2022 resulted in more than 15 deaths, including three peacekeepers in Goma and the city of Butembo.

Persons: Felix Antoine Tshisekedi Tshilombo, Eduardo Munoz, Felix Tshisekedi, Tshisekedi, Ange Kasongo, Edward McAllister, Gerry Doyle Organizations: Democratic, General Assembly, REUTERS, Rights, United Nations, General, Central, of, Thomson Locations: Democratic Republic of Congo, New York City, U.S, Rights KINSHASA, Republic, Goma, Butembo

☆ China committed to opening itself wider to the world -vice president
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Chinese Vice President Han Zheng addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 21, 2023. REUTERS/Eduardo Munoz Acquire Licensing RightsBEIJING, Sept 22 (Reuters) - China's Vice President Han Zheng said the country is committed to opening itself wider to the world and will always be a member of the big family of developing countries, Chinese state media reported. On the Ukraine conflict, Han said: "China supports all efforts that are conducive to the peaceful resolution of the Ukraine crisis and stands ready to continue playing a constructive role for the early attainment of peace." It has offered its own peace plan, which received a lukewarm response in both Russia and Ukraine. Reporting by Bernard Orr and Shanghai newsroom; Editing by Tom Hogue and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Han Zheng, Eduardo Munoz, Han, Wang Yi, Sergei Lavrov, Aleksandar Vucic, Bernard Orr, Tom Hogue, Stephen Coates Organizations: General Assembly, REUTERS, Rights, United Nations General Assembly, Xinhua, Serbian, UN, Thomson Locations: New York City, U.S, Rights BEIJING, China, Ukraine, Beijing, Moscow, Russia, Shanghai

☆ Socialists would win Spain election over conservative PP, poll shows
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Spain's Prime Minister Pedro Sanchez arrives to address the 78th Session of the U.N. General Assembly in New York City, U.S., September 20, 2023. Most parties - except PSOE - and rival private pollsters have questioned the agency's neutrality and methodology. The new poll gives third place to the left-wing alliance Sumar at 11.9% and fourth to the far-right Vox with 11.1%. Should those efforts to woo the pro-independence parties prove to be unsuccessful, a repeat election would be held in mid-January. Reporting by David Latona; Editing by Andrei Khalip and Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Pedro Sanchez, Eduardo Munoz, Vox, Alberto Nunez Feijoo, David Latona, Andrei Khalip, Barbara Lewis Organizations: Spain's, General Assembly, REUTERS, Rights, Spain's Socialists, People's Party, for Sociological Studies, CIS, Socialist Party, PSOE, Thomson Locations: New York City, U.S, Rights MADRID, Sumar, Navarre, Catalan, Basque, Madrid

☆ Marshall Islands says US must address nuclear legacy for deal on future ties
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +3 min

[1/2] Marshall Islands' President David Kabua arrives to address the 78th Session of the U.N. General Assembly in New York City, U.S., September 20, 2023. REUTERS/Eduardo Munoz Acquire Licensing RightsUNITED NATIONS, Sept 20 (Reuters) - The president of the Marshall Islands said on Wednesday his Pacific island nation was "cautiously optimistic" it could soon finalize a deal on future ties with the United States, but repeated a call for Washington to address the legacy of massive nuclear testing in the 1940s and 50s. The Marshall Islands is one of three sparsely populated Pacific island nations covered by so-called Compacts of Free Association (COFAs) with the United States. The foreign minister of the Marshall Islands called in July for more U.S. money to deal with the nuclear legacy to enable the renewal of its COFA, the economic terms of which expire on Sept. 30. Chief U.S. negotiator Joseph Yun has proposed Congress approve the total amount by Sept. 30, even without a final agreement with the Marshall Islands.

Persons: David Kabua, Eduardo Munoz, MOUs, Joseph Yun, East Asia Daniel Kritenbrink, Joe Biden, David Brunnstrom, Lincoln Organizations: General Assembly, REUTERS, UNITED NATIONS, Marshall, Free Association, Pacific, United Nations General Assembly, Chief, East Asia, Marshall Islanders, U.S, White, Thomson Locations: Marshall, New York City, U.S, United States, Washington, Micronesia, Palau, China, Pacific, New York, Bikini

☆ Mozambique can sue Privinvest in London 'tuna bond' case, UK court rules
▼ + stars: | 2023-09-20 | by ( Sam Tobin | ) www.reuters.com time to read: +3 min

Mozambique is suing Privinvest, its owner Iskandar Safa, Credit Suisse and others over three loans raised in 2013 and 2014, ostensibly to develop its fishing industry. In the Supreme Court case, Privinvest argued the dispute must be heard in secret arbitration proceedings. But senior judges unanimously allowed the case to be heard in a lengthy public trial in the High Court, due to begin on Oct. 3. The judgment validates Mozambique's decision to bring proceedings in the High Court, said Mozambique's London law firm Peters & Peters. The High Court ruled this month that Nyusi has state immunity.

Persons: Filipe Jacinto Nyusi, Eduardo Munoz, Privinvest, Iskandar Safa, Peters, Peters & Peters, Safa, corruptly, Filipe Nyusi, Nyusi, Helen Taylor, Kirstin Ridley, Manuel Mucari, William James, Tomasz Janowski, Alexander Smith Organizations: General Assembly, REUTERS, Credit Suisse, Peters &, Privinvest, UBS, Mozambican, Corruption, Thomson Locations: Mozambique, New York City, U.S, Britain, Court, London, Lebanon, Abu Dhabi, United States, Mozambican, Maputo

☆ Peru president proposes international pact to combat El Nino effects
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: 1 min

Peru's president Dina Boluarte addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Eduardo Munoz Acquire Licensing RightsSept 19 (Reuters) - Peruvian President Dina Boluarte proposed the creation of an international pact to tackle the effects of the El Nino weather phenomenon, speaking on Tuesday to world leaders gathered at the United Nations General Assembly (UNGA). Boluarte urged increased collaboration to ease the effects of the weather phenomenon, which the country's central bank has said remains a risk to the local economy and inflation. Reporting by Valentine Hilaire and Marco Aquino; Editing by Kylie MadryOur Standards: The Thomson Reuters Trust Principles.

Persons: Dina Boluarte, Eduardo Munoz, Boluarte, Valentine Hilaire, Marco Aquino, Kylie Madry Organizations: General Assembly, REUTERS, El, United Nations General Assembly, Thomson Locations: New York City, U.S, Peruvian

☆ US government restarts delivery of free COVID tests
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: 1 min

People walk next to coronavirus disease (COVID-19) testing sites in New York City, New York, U.S., December 12, 2022. REUTERS/Eduardo Munoz/File photo Acquire Licensing RightsSept 20 (Reuters) - The U.S. Department of Health and Human Services (HHS) said on Wednesday it will deliver COVID-19 tests for free to households across the country. Beginning Sept. 25, households will again be able to order four free tests through COVIDTests.gov, the health agency said, adding that the tests can detect currently circulating COVID-19 variants and are intended for use through the end of 2023. HHS also announced an investment of $600 million in 12 domestic COVID-19 test manufacturers. Reporting by Mariam Sunny and Seher Dareen in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Eduardo Munoz, Mariam Sunny, Seher, Shounak Dasgupta Organizations: REUTERS, U.S . Department of Health, Human Services, HHS, Thomson Locations: New York City , New York, U.S, Bengaluru

☆ Inside the U.N. General Assembly
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: 1 min

[2/19]Israel's Ambassador to the United Nations Gilad Erdan leaps up with a sign in support of womens' rights in Iran, on the floor of the United Nations General Assembly before being led out of the hall by U.N. security officials as Iran's President Ebrahim Raisi began addressing the 78th Session of the U.N. General Assembly in New York City, U.S., September 19. REUTERS/Eduardo MunozNEW YORK CITY, NY, UNITED STATES

Persons: United Nations Gilad Erdan, Ebrahim Raisi, Eduardo Munoz Organizations: United Nations, womens, United Nations General Assembly, General Assembly, REUTERS, Eduardo Munoz NEW YORK CITY, UNITED STATES Locations: Iran, New York City, U.S, NY

☆ Paraguay president backs Taiwan joining UN system
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +1 min

[1/2] Paraguay's president Santiago Pena addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Eduardo Munoz Acquire Licensing RightsSept 19 (Reuters) - Paraguay supports Taiwan joining the United Nations system, the South American country's president, Santiago Pena, said on Tuesday, speaking at the U.N. General Assembly (UNGA). Due to a 1971 U.N. resolution, Taiwan has been excluded from the international body, which recognizes the People's Republic of China as the legitimate representative of China to the U.N."The government of Paraguay expresses its support for the Republic of China - Taiwan to be an integral part of the United Nations system," Pena said. Paraguay is the last South American country with formal relations with Taiwan, which China claims as its own territory. When asked about Taiwan last week, U.N. Deputy Secretary-General Amina Mohammed said exclusion of anyone can harm global goals.

Persons: Santiago Pena, Eduardo Munoz, Pena, U.N, Amina Mohammed, Kylie Madry, Sarah Morland Organizations: General Assembly, REUTERS, United Nations, American, Thomson Locations: New York City, U.S, Paraguay, Taiwan, People's Republic of China, China, Republic of China, American

[1/4] Joseph Bankman, father of Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, leaves the courthouse, after U.S judge revoked Bankman-Fried's bail, in New York, U.S., August 11, 2023. FTX, now being led by turnaround specialist John Ray, said that company founder Sam Bankman-Fried ran FTX as a "family business" and misappropriated billions in customer funds for the benefit of a small circle of insiders, including his parents. Sam Bankman-Fried has pleaded not guilty to charges that he defrauded FTX customers by using their funds to prop up his own risky investments. Bankman and Fried also pushed FTX to make tens of millions of dollars in charitable contributions, including to Stanford University, FTX said. FTX has recovered more than $7 billion in assets to repay customers, and it is pursuing additional recoveries through lawsuits against FTX insiders and other defendants that received money from FTX before it went bankrupt.

Persons: Joseph Bankman, Sam Bankman, Eduardo Munoz, Stanford, Barbara Fried, John Ray, Fried, Sean Hecker, Michael Tremonte, Joe, Barbara, " Hecker, Tremonte, Bankman, FTX, Dietrich Knauth, Nick Zieminski Organizations: REUTERS, Monday, Stanford University, Stanford Law School, Thomson Locations: New York, U.S, Bahamas, FTX

☆ Rudy Giuliani's ex-lawyers sue him for the $1.4 million they say he owes for defending him in election interference investigations
▼ + stars: | 2023-09-18 | by ( Jack Newsham | Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani's ex-lawyer has filed a lawsuit seeking nearly $1.4 million in unpaid bills. Costello and Giuliani's advisor Ted Goodman didn't immediately respond to requests for comment on Monday evening. One of Trump's PAC has also paid $340,000 to a legal records firm that Giuliani owed money to, records show. In July, a panel of the DC Bar recommended that Giuliani's law license be revoked. Giuliani isn't the only Trump ally to fail to pay legal fees to Costello.

Persons: Rudy Giuliani's, Giuliani, Donald Trump, Rudy Giuliani, Davidoff Hutcher, Citron, Robert Costello, Costello, Jack Smith's, Fani Willis, . Costello, Ted Goodman didn't, Eduardo Munoz Rudy Giuliani's, Trump, it's, Steve Bannon Organizations: Service, US, Office, of, New York City, New York Law, REUTERS, CNN, Trump's PAC, DC Locations: Wall, Silicon, Manhattan, Georgia, Southern, of New York, Bedminster , New Jersey, New York, Mexico

☆ Climate protesters in New York send message to United Nations
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: 1 min

[2/20]A man with his face painted looks on as activists mark the start of Climate Week in New York during a demonstration calling for the U.S. government to take action on climate change and reject the use of fossil fuels in New York City, New York, U.S., September 17. REUTERS/Eduardo MunozNEW YORK CITY, NY, UNITED STATES

Persons: Eduardo Munoz Organizations: U.S, REUTERS, Eduardo Munoz NEW YORK CITY, UNITED STATES Locations: New York, New York City , New York, U.S, NY

☆ Climate protesters in New York and across the globe send message to United Nations
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +2 min

[1/10] Activists mark the start of Climate Week in New York during a demonstration calling for the U.S. government to take action on climate change and reject the use of fossil fuels in New York City, New York, U.S., September 17, 2023. With parades, concerts, and banging drums, some of the 15,000 expected waved signs that read "End Fossil Fuel Use" and "Fossil Fuels Kill" and "Declare a Climate Emergency." The message was for world leaders to save the planet from the use of oil and gas believed to be driving a warming globe. "Climate Week NYC is all about getting it done," organizers wrote online. "Through celebrating climate action, challenging ourselves to do more, and exploring ways to increase ambition, Climate Week NYC inspires, amplifies and scrutinizes the commitments, policies and actions of those with the power to make change happen."

Persons: Eduardo Munoz, Joe Biden, Rich McKay, Sandra Maler Organizations: U.S, REUTERS, General Assembly, Climate Group, Reuters, Thomson Locations: New York, New York City , New York, U.S, Midtown , Manhattan, Germany, England, South Korea, India, Atlanta

☆ Insider Today: Y Combinator's Demo Day decline
▼ + stars: | 2023-09-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +10 min

Y Combinator's Demo Day, which will wrap up today, was long considered the event for early-stage startups. AdvertisementAdvertisementInvestors front-running Demo Day was previously considered a major faux pas. You might ask yourself: Who cares if startups line up investments before Demo Day? And companies that get investments before Demo Day might regret it in the long run. The new rating system for performance reviews determines pay — and managers were instructed to not share it with employees.

Persons: I've, that's, Madeline Renbarger, haven't, It's, it's, Samantha Lee, Madeline, There's, Martin, Ryan Reynolds, LeBron James, they're, Ed Yardeni, Jeremy Grantham, Brevan Howard, Peter Hornick, Eduardo Munoz, Sapna Chadha, Shopify, Arantza Pena Popo, YIMBYism, Elon Musk, Katy Perry, Hozier, Hayao Miyazaki's, Heidi Tissenbaum's, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NFL, Tech, Bank, Getty Images, REUTERS, Google, Google Asia Pacific, The Kansas City Chiefs —, Detroit Lions, 48th Toronto, Getty Locations: Wall, Silicon, Silicon Valley, Nevada, The, New York City, San Diego, London, New York

☆ United Airlines lifts ground stop after technology issue
▼ + stars: | 2023-09-05 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

The One World trace Center and the New York skyline are seen while United Airlines planes use the tarmac at Newark Liberty International Airport in Newark, New Jersey, U.S., May 12, 2023. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsWASHINGTON, Sept 5 (Reuters) - United Airlines (UAL.O) said it has ended a nationwide ground stop after a system wide technology issue on Tuesday forced it to hold all aircraft at departure airports. "We have identified a fix for the technology issue and flights have resumed. The Federal Aviation Administration said earlier it had issued the ground stop at United's request. In April, Southwest Airlines (LUV.N) said a technology failure caused a one-hour nationwide stoppage of its flights.

Persons: Eduardo Munoz, David Shepardson, Rami Ayyub, Doina Chiacu, Jonathan Oatis, Nick Zieminski Organizations: United Airlines, Newark Liberty International Airport, REUTERS, Rights, United, Federal Aviation Administration, Southwest Airlines, Thomson Locations: York, Newark , New Jersey, U.S

☆ UBS shares jump to 2008 highs after profit beat, job cuts announcement
▼ + stars: | 2023-08-31 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

UBS posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse. UBS said the result primarily reflected $28.93 billion in negative goodwill on the Credit Suisse acquisition. UBS paid a discounted 3 billion Swiss francs ($3.4 billion) to acquire Credit Suisse in March. "Credit Suisse has excellent people, clients, and product capabilities, but the business model was not sustainable any longer and needs to be restructured." UBS delayed reporting its second-quarter results — initially scheduled for July 25 — until after completing the Credit Suisse takeover on June 12.

Persons: Eduardo Munoz Alvarez, Ermotti, CNBC's, CNBC's Joumanna, — Organizations: UBS, View Press, Getty, Credit Suisse, Analysts, Suisse, Suisse's, Credit, The Credit Suisse, Swiss Locations: Manhattan, New York City, Zurich, Swiss, Switzerland

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