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The suits allege that downed power lines operated by the company contributed to the deadliest U.S. wildfire in more than a century. The wildfire risk posed by aboveground power lines is well documented. Lives lost, billions in damagesThe Maui fires have killed at least 115 people with hundreds still missing. But Mitchell said insulating aboveground power lines with a protective covering is also an effective solution that is cheaper and can be rolled out more quickly. There is also technology coming to market that can de-energize power lines automatically when there's a problem, he said.

Persons: Mike Blake, Fitch, Berkshire Hathaway's, Paul Starita, They're, Singleton Schreiber, Alexandra von Meier, von Meier, Marshall, Michael Dougherty, Bob Frenzel, Xcel, Berkshire Hathaway, PacifiCorp, aboveground, Scott Aaronson, Aaronson, Joseph Mitchell, Mitchell Organizations: Reuters Electric, Hawaiian Electric, National Weather Service, Hawaii Electric, . Pacific Gas & Electric, PG, Xcel Energy, U.S . Forest Service, University of California, Moody's, Fitch, Electric, Alcohol, Tobacco, Firearms, Explosives, Xcel, Marshall Fire, Marshall, Boulder, Labor, Fire, American Society of Civil Engineers, ASCE, The Edison Electric Institute, California Public Utilities Commission Locations: Lahaina, Maui, Hawaii, U.S, Maui County, Hurricane, California, Berkshire, Berkshire Hathaway's PacifiCorp, Oregon, Colorado, Berkeley, Minnesota, Boulder County, Paradise, Golden

☆ EDX Markets CEO: Approval of spot bitcoin ETFs would 'energize the market'
▼ + stars: | 2023-08-25 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEDX Markets CEO: Approval of spot bitcoin ETFs would 'energize the market'Jamil Nazarali, CEO of EDX Markets, sat down with CNBC Crypto World to provide an update for the platform that's drawn the backing of big-names in finance, including Charles Schwab and Citadel. In the wide-ranging interview, he also discusses new partnerships, institutional trends and Wall Street's adoption of crypto.

Persons: Jamil Nazarali, Charles Schwab Organizations: EDX, CNBC, Citadel

☆ Maui Officials Blame Utility for Allowing Deadly Fire to Start
▼ + stars: | 2023-08-24 | by ( Mitch Smith | More About Mitch Smith | ) www.nytimes.com time to read: +1 min

For the first time, Maui County officials publicly blamed Hawaii’s largest electric utility for the wildfires that killed at least 115 people this month, claiming in a lawsuit filed on Thursday that “intentional and malicious” mismanagement of power lines had allowed flames to spark. “Defendants knew of the extreme fire danger that the high wind gusts posed to their overhead electrical infrastructure, particularly during red flag conditions,” the lawsuit said. It said power company officials had chosen “not to de-energize their power lines,” even though they knew that power poles and power lines were falling and coming into contact with dry vegetation. The fire in Lahaina, in West Maui, became the country’s deadliest in more than a century, while smaller fires in central Maui also caused significant damage. Lawsuits filed previously by homeowners and shareholders claimed the utility had been negligent.

Persons: “ Defendants, “ Locations: Maui County, Lahaina, West Maui, Maui

☆ Florida Democrats just landed one of their top recruits to take on Rick Scott, but it still might not be enough to win
▼ + stars: | 2023-08-22 | by ( John L. Dorman | ) www.businessinsider.com time to read: +7 min

She's aiming to unseat Rick Scott, who always eked out narrow wins in his general election contests. But Scott will be running in a presidential year, when Florida Republicans could have a considerable edge. AdvertisementAdvertisementSo where does that leave Florida Democrats as they look toward 2024? "Ya no más," she said in Spanish, which translates to "no more," and added, "I've already fought guys like Rick Scott, and beat them." Florida Sen. Rick Scott speaks during a news conference following the GOP weekly policy luncheon on Capitol Hill on September 20, 2022.

Persons: Debbie Mucarsel, Powell, Rick Scott, Scott, Sen, Rick Scott of, Democrat Alex Sink, Charlie Crist, Democratic Sen, Bill Nelson, Donald Trump, Ron DeSantis, Joe Biden, DeSantis romped, Crist, Trump, Mucarsel, Scott —, I've, Florida Sen, Jose Luis Magana Mucarsel, Biden, Carlos Giménez —, —, Scott Hartline Organizations: Democratic, Florida Senate, Florida Republicans, Service, Republican, Democrat, Gov, Trump, Florida, Florida Democrats, Democrats crave, Latina, Columbia, Healthcare Corporation, Politico, Mucarsel, Capitol, AP, Republicans, Dade County, State, GOP Locations: Florida, Wall, Silicon, Rick Scott of Florida, Ecuadorian American, Miami, Dade County, South Florida, Mucarsel

☆ From cocktails to free rides, World Cup co-hosts fight to woo back tourists
▼ + stars: | 2023-08-19 | by ( Tara Subramaniam | ) edition.cnn.com time to read: +6 min

In 2022, there were only about 1.4 million visitors, according to data provided by the government, still considerably below pre-pandemic levels. That’s why events like the Women’s World Cup are so important. Cities like Wellington and Auckland have catered to World Cup tourists by making public transportation free on game days for anyone with a match ticket. The extra effort has not gone unnoticed by tourists, especially those who have traveled to other World Cup events. Compared to the last Women’s World Cup in France, more businesses seem excited to welcome tourists, said US fan Carly Andler.

Persons: James Johnson, “, ” Johnson, ”, Monchy, CNN’s Richard Quest, Iain Walker, Chow Tory, Chow Tory's, Tara Subramaniam, Carly Andler, Andler, we’ve Organizations: Wellington CNN — Soccer, Football Australia, Tourism, Zealand’s Ministry of Business Innovation, New Zealand, Air New Zealand, FIFA, CNN, New Zealand’s Football Ferns, Wellington Chocolate Factory, Wellington City Council Locations: Australia, New Zealand, Tourism New Zealand, New, Tourism Australia, Cities, Wellington, Auckland, Dunedin, Hamilton, United States, Costa Rica, Spanish, Swedish, Italy, Japan, Rosebud, Bundaberg, Zealand, France

☆ Biden campaign plans first big push - skewer the Republican debate
▼ + stars: | 2023-08-17 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

They plan to placard Milwaukee with advertisements listing Biden's "record of accomplishments," while a billboard truck will circle the debate venue. Biden campaign co-chair Cedric Richmond and Democratic National Committee (DNC) chair Jaime Harrison will hold a press conference before the debate. Biden's low-key re-election campaign has so far largely avoided public rallies and events, with Biden focusing largely on fundraising and the presidency. A slow start to an incumbent's presidential re-election campaign is not unusual: Barack Obama held his first official rally for the 2012 election in May of that year. Biden won the state by less than a percentage point in 2020; Trump won Wisconsin by a similar margin in 2016.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, Donald Trump, Biden, Cedric Richmond, Jaime Harrison, Harris, Julie Chavez Rodriguez, Barack Obama, Black, Trevor Hunnicutt, Heather Timmons, Jonathan Oatis Organizations: Ingeteam Inc, REUTERS, Rights, Republican, Democratic, Fox News, Trump, Milwaukee, Biden, Democratic National Committee, Biden's Democratic Party, Wisconsin, Thomson Locations: Hawaii, Milwaukee, Milwaukee , Wisconsin, U.S, Wisconsin

☆ CBS announces Wendy McMahon to lead news in wake of Neeraj Khemlani stepping down
▼ + stars: | 2023-08-14 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

New York CNN —Wendy McMahon was named president and chief executive officer of CBS News, the network’s local TV stations, and CBS Media Ventures, the company announced on Monday following the departure of Neeraj Khemlani as co-president of CBS News and stations. She will also oversee content licensing to TV stations and the division’s national advertising sales business. McMahon immediately named veteran journalist and executive at CBS News, Ingrid Ciprian-Matthews, president. I’m excited for the future of CBS News, our local stations and our valuable syndication franchises under her leadership.”On Sunday, CNN reported that Khemlani was stepping down after a little more than two years in the role. “I have some news to share today, and I don’t want to bury the lede,” Khemlani said in a memo sent to staffers Sunday.

Persons: Wendy McMahon, Neeraj Khemlani, McMahon, Ingrid Ciprian, Matthews, “, Wendy, ” George Cheeks, ”, Khemlani, ” Khemlani, I’ve, ” McMahon Organizations: New, New York CNN, CBS News, CBS Media Ventures, CBS, Sunday, CNN Locations: New York

☆ Disney's quarter was not as bad as feared, says SVB MoffettNathanson founding partner
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney's quarter was not as bad as feared, says SVB MoffettNathanson founding partnerMichael Nathanson, SVB MoffettNathanson founding partner, joins 'Squawk on the Street' to discuss Nathanson's overall take on Disney's Q3 earnings results, what will energize the stock price, and more.

Persons: SVB, Michael Nathanson

☆ Takeaways from the Ohio special election
▼ + stars: | 2023-08-09 | by ( Eric Bradner | ) edition.cnn.com time to read: +6 min

CNN —Abortion rights advocates on Tuesday won a critical victory in Ohio, beating back a measure that would have made their push to enshrine abortion rights in the state’s constitution more difficult. It was widely seen as a proxy battle over the proposed constitutional amendment guaranteeing abortion rights that will be on Ohio’s ballots in November. Here are four takeaways from Ohio’s election:Abortion remains a major driving forceOhio’s August election would ordinarily have been a sleepy, low-turnout affair. Mail-in and early voting for this election had already surpassed 2022 primary voting before Election Day even began. However, the November vote could settle the issue of abortion rights in Ohio for good, raising questions about how effective those Democratic attacks would be a year later.

Persons: Frank LaRose, Ohio’s, Roe, Wade, Gretchen Whitmer, Donald Trump, SSRS, Dobbs, Democratic Sen, Sherrod Brown, Brown Organizations: CNN, Tuesday, Ohio’s Republican, State, GOP, Republican, Michigan Gov, Buckeye State, Republicans, Democratic Locations: Ohio, Kansas, Kentucky, Montana, Michigan , California, Vermont, Wisconsin, Indiana, Ohio’s

Native tribes and environmental groups have long lobbied for the government to permanently protect the area around the Grand Canyon from uranium mining, which they say would damage the Colorado River watershed as well as areas with great cultural meaning for Native Americans. Under the proposed designation, all new uranium mining will be blocked. Uranium mining has already been restricted in the area in question since 2012, but that Obama-era moratorium was set to expire in 2032. Mr. Biden’s designation would make the conditions permanent. Surveys show young voters, who turned out in force during the 2020 election, are particularly concerned about global warming.

Persons: Obama, Biden’s, Biden Organizations: Washington Post, University of Maryland Locations: Colorado, Arizona

Francis was speaking in Lisbon at the start of a five-day visit to the country in which he hopes to energize young Catholics during World Youth Day, the world's largest Catholic festival. The Vatican added the victims were accompanied by some representatives of institutions of the Portuguese Church responsible for the protection of minors. YOUNG CATHOLICS CONVERGE ON LISBONThe pope landed in Lisbon to a sea of young Catholics who have poured into the city from around the globe for the World Youth Day festival, held every two or three years in a different city. In Lisbon, young believers jumped and sang as they proudly waved their country's flag outside the Vatican embassy, where the pope is residing. REUTERS/Guglielmo MangiapaneWorld Youth Day "is a sign of faith and union in which all of us get together for a cause," said 20-year-old Carlos Hernandez.

Persons: Pope, Francis, Pope Francis, Guglielmo Mangiapane, Carlos Hernandez, Australian Andrew De Santos, Marcelo Rebelo de Sousa, Philip Pullella, Catarina Demony, Patricia Rua, Alison Williams, Conor Humphries, Grant McCool Organizations: Catholic, Wednesday, Catholic Church, Vatican, Bishops, Conference, Cultural, Belem, REUTERS, Sunday, Thomson Locations: Portugal, LISBON, Lisbon, Portuguese, Vatican, Australian, Brazil, Rome, Ukraine, Europe

☆ Tired after eating? Here’s why, and how to fix it
▼ + stars: | 2023-08-01 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

The tendency to get tired after eating isn’t inherently suggestive of something amiss. If you had a meal high in fat — such as fried foods or pizza — that could make you feel tired. “That can really be an energy zapper.”Just like high-sugar foods, sugary drinks can also make you feel tired once the crash hits, Stefanski said. Choosing more balanced meals and snacks can help you feel less tired after eating, experts said. The test measures average blood sugar levels and shows how much glucose is attached to hemoglobin in red blood cells, Stefanski said.

Persons: I’ve, ”, Julie Stefanski, Sandra Arévalo, Stefanski, “, overeat, overindulging, Arévalo, ” Stefanski, it’s, Fats, Kristin Kirkpatrick, ” Kirkpatrick, Kirkpatrick, ” Arévalo Organizations: CNN, Academy of Nutrition, Montefiore Nyack, Cleveland Clinic Locations: New York, United States, Spain

☆ Energize Capital just raised a $300 million fund to back growth-stage climate tech startups. Here's the 11-slide pitch deck it used to get investors on board.
▼ + stars: | 2023-07-31 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +2 min

Chicago-based climate software fund Energize Capital just raised $300 million in growth funds. Chicago-based Energize Capital, formerly Energize Ventures, just raised $300 million to help close the growth funding gap for climate startups. The growth capital will be spread across 12 startups over a three-year investment period, with around half expected to be from Energize's earlier-stage ventures portfolio, Tough said. Currently a team of around 20, Energize expects to keep growing and have five investors on its growth fund. Check out the 11-slide redacted pitch deck Energize used to raise the fund below:

Persons: generalists, John Tough, Energize, Caprock, Tough Organizations: Energize, Energize Ventures, Aurora, Bank Credit Suisse, Mercy Investment Services, Schneider Electric Locations: Chicago, Europe

☆ Europe's energy software startups are having a moment in the sun right now
▼ + stars: | 2023-07-20 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Europe's energy software startups are getting a lot of investor attention right now. Europe's energy software startups are having a moment in the sun right now. Investors are bullish that energy software could be the solution. Energy software startups have raised $427 million in the first half of the year, already eclipsing 2022's total of $369 million, per PitchBook data. This week Lithuanian solar design and planning software company PVcase raised $100 million while Dutch energy monitoring firm Sensorfact landed $28 million.

Persons: Tyler Lancaster, Lancaster Organizations: Energy, Energize Venture, Residents, Labor Locations: Ukraine, Europe, Germany, Netherlands

☆ This startup that makes it easier to design solar projects just raised $100 million. Check out the 14-slide pitch deck PVcase used to raise the fresh funds.
▼ + stars: | 2023-07-18 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

PVcase, a software startup making it easier and faster to design solar projects, just raised $100 million. A solar design software startup has just raised $100 million in fresh funds. Lithuanian startup PVcase, which was founded in 2018, helps engineers plan and design solar energy projects via its software-as-a-service 3D modeling platform. The continued growth of solar meant that it's increasingly complex to develop big projects, Trainavicius said. PVcase could also include maintenance features when solar projects are up and running, such as predictive fixes.

Persons: Deividas Trainavicius, Trainavicius, it's, PVcase, What's Organizations: Lithuanian, Energize Ventures, Project Locations: Highland Europe, Lithuanian

Weeks later, Mr. Trump is the former President Trump. Instead, in a brief televised address shortly before 2:30 a.m., Mr. Trump furiously laid down his postelection lie. For weeks, Mr. Trump had been peppering him with tips of fraud that, upon investigation by federal authorities, proved baseless. The cavalry “is coming, Mr. President,” Kylie Kremer tweeted to Mr. Trump on Dec. 19. On Jan. 15, Mr. Trump acquiesced to an Oval Office meeting with Mr. Lindell, who arrived with two sets of documents.

Persons: Donald J, Trump, Joseph R, Biden, Justin Clark, Rudolph W, Giuliani, Clark, Weeks, Mitch McConnell, McConnell, Jared Kushner, McConnell’s, Biden’s, William P, Barr, Mr, Trump’s, Sidney Powell, Lin Wood, sleuths, MyPillow, Mike Lindell, Patrick Byrne, Stephen K, Bannon, Michael T, Flynn, platformed, Jared Taylor, Enrique Tarrio, Doug Mills, Eric, “ We’re, ”, Fox, Eric Trump, Newt Gingrich, Joe Biden’s, Kevin McCarthy, Laura Ingraham, Obama, Dennis Montgomery, Thomas McInerney, McInerney, John McCain, Bannon’s, “ it’s, Paul Gosar, Doug Ducey, Roy Blunt of, Roy Blunt, Anna Moneymaker, —, “, ” Mr, Mark Meadows, Josh Holmes, Kushner, — Mr, Mitt Romney, Lisa Murkowski, Lindsey Graham, Sean Hannity, Lindsey Graham of, Sean Hannity’s, — I’ve, Let’s, Graham, Pat A, Axios, Brendan Smialowski, “ Hannity, Thomas, Jenna Ellis, Matt Morgan, Al Gore, George W, Bush, Brooks, Stefan Passantino, Powell, Lynsey Weatherspoon, Gore, William H, Rehnquist, Giuliani —, Kris Kobach, Mark Martin, Lawrence Joseph, Kobach, Uncle Sam, Mr . Biden, Ken Paxton, Jeffrey M, Landry, Paxton, Kyle D, Hawkins, Jacquelyn Martin, Joseph, Richard L, Chris Carr, Carr, Mike Johnson of, Mike Johnson, McCarthy, Privately, Ted Cruz of, John Sauer, ’, ” James E, Nicolai, North, Wayne Stenehjem, Stenehjem, Wayne, Tasos Katopodis, MAGA, Marjorie Taylor Greene, Marsha Blackburn of, Ms, Blackburn, Amy Kremer, Ann Stone, Roger Stone, Amy Coney Barrett, Kremer’s, Kylie Jane Kremer, Jennifer Lawrence, Dustin Stockton, Lawrence, Stockton, I’ve, Lindell, they’d, Taylor, Greg Locke, Covid, Michael McKinney, Tucker Carlson, Carlson’s, “ Donald Trump, ” Ms, Meadows, Georgia runoffs, Byrne, Cipollone, he’d, Martin, Mike Pence, reconvene, ” Kylie Kremer, James Yeager, Kylie Kremer, Yeager’s, Lawrence whooped, John Kennedy, James Lyle, Josh Hawley, “ You’ve, Lyle, Couy Griffin, Kennedy, Pete Marovich, Kremer, Julie Jenkins Fancelli, Alex Jones, Caroline Wren, Kimberly Guilfoyle, Donald Trump Jr, Katrina Pierson, Brad Raffensperger, Jeffrey A, Rosen, Department’s, Jeffrey Clark, Scott Perry, Hawley, Cruz, Year’s, Tom Cotton of, Cotton, Cindy Chafian, Chafian, Jones, Stone, Locke, Jan, “ You’ll, Gosar, Griffin, Robert O’Brien, I’m, ’ ”, Kenny Holston, Donald Trump, ” Mark Walker, Ben Margot, Stefani Reynolds, Samuel Corum, Erin Schaff, David J, Ted Cruz, John Bazemore Organizations: Twitter, Dominion Systems, Trump, Biden, Dominion, New, New York City, The New York Times, Senate, New York, Republican Party, Capitol, White, Times, The Times, America News Network, Fox, America, Boys, New York Times, American, Air Force, Electoral College, Republicans, Joe Biden’s Democratic Party, Republican, Facebook, Democrats, Associated Press, “ Fox & Friends, White House, West Wing, “, Federal Bureau of Investigation, Veritas, Justice Department, Postal Service, York Daily, Agence France, Zignal Labs, Amistad, Thomas More Society, Mr, Electoral, Supreme, Lawyers, General Association, Associated, State, University of California, Republican House, Women, Tea Party, Trump -, Breitbart, of, Credit, SPAN, Tea Party Express, Republican National Committee, Internet, Army, Des Moines Register, Marine, General Services Administration, Swedish, Cowboys, Capitol ., Street Journal, Save, General Association ., Law Defense Fund, Freedom, Coalition, Proud Boys, Willard, Homeland Security, Party, Getty, Georgia Electoral College Locations: Detroit, Arizona, Georgia, New York, America, China, Trump, Grand Rapids, Mich, Philadelphia, Atlanta, Milwaukee, Santa Cruz ,, Arizona —, Russia, North Vietnam, United States, Roy Blunt of Missouri, Kentucky, Utah, Alaska, Lindsey Graham of South Carolina, Erie, Pa, Pennsylvania, Long, Bush, Florida, tightest, Kansas, North Carolina, Ken Paxton of Texas, Texas, State of Texas, Michigan, Wisconsin, Irvine, Mike Johnson of Louisiana, Ted Cruz of Texas, Missouri, Washington, Marsha Blackburn of Tennessee, Trump’s, Hudson, Stockton, Tennessee, Des Moines, Meadows, White, fistfights, Nashville, West Monroe, La, Louisiana, drumbeating, Tom Cotton of Arkansas, Delaware

☆ With Offices Vacant, London’s Canary Wharf Seeks Growth Beyond Banking
▼ + stars: | 2023-07-14 | by ( Isabella Kwai | More About Isabella Kwai | ) www.nytimes.com time to read: +1 min

The gleaming skyscrapers of London’s east skyline, built almost 40 years ago, are home to the headquarters of the world’s biggest banks and tens of thousands of their office workers. As firms adjust to hybrid work, many are downsizing their physical footprint. HSBC became the latest, announcing recently that it would leave its longtime headquarters in Canary Wharf in late 2026 and move its 8,000 employees to a smaller space in London’s central banking district about three miles to the west. Its departure, on the heels of several other firms, has spurred speculation over the future of a district. The move comes as the owners of Canary Wharf, a purpose-built, 128-acre financial services hub, are pivoting to re-energize it, adding more residences, building labs to lure life-sciences groups and hosting cultural shows and activities.

Organizations: HSBC Locations: London’s, Canary, Canary Wharf

☆ Iran's President Raisi embarks on Africa tour to boost trade
▼ + stars: | 2023-07-12 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Iran’s President Ebrahim Raisi received a red-carpet welcome from Kenyan counterpart William Ruto on Wednesday as he began a three-country tour of Africa that Tehran has touted as a “new beginning” in relations with the continent. Iranian President Ebrahim Raisi (C) inspects the guard of honour during his state visit at the State House in Nairobi on July 12, 2023. Raisi is expected to next fly to Uganda to discuss trade and bilateral relations with President Yoweri Museveni, and then to Zimbabwe. In June, Raisi visited three Latin American countries to shore up support with allies also saddled with US sanctions. Iran’s trade with African countries will increase to more than $2 billion this year, its foreign ministry said on Saturday, without providing a comparative figure for 2022.

Persons: Reuters —, Ebrahim Raisi, William Ruto, Simon Maina, Ruto, Raisi, Kenya’s, Yoweri Museveni, Mahmoud Ahmadinejad, Shoring, Donald Trump Organizations: Reuters, Kenyan, State, Getty, Ruto Locations: Africa, Tehran, Uganda, Zimbabwe, Nairobi, AFP, Iran, Kenya, Central, East

☆ Bed rotting: TikTok’s latest trend reveals the toxic side of self-care
▼ + stars: | 2023-07-08 | by ( Megan Marples | ) edition.cnn.com time to read: +4 min

As Gen Z would say, she was bed rotting. Lounging in bed for more than a day or two is concerning and could point to different mental health issues, Gold said. This sort of behavior has been linked to symptoms of depression and anxiety, among other mental health illnesses, Gold added. Activities beyond bed rottingBed rotting can allow you to isolate yourself, ignore your feelings, and possibly prevent you from participating in self-care activities that can help you, Gold said. Therapy can help you learn new coping skills, get to the root cause of your bed rotting and determine if there is some mental health issue going on, Gold said.

Persons: Jessica Gold, Gen, St . Louis, “, ”, ” Gold, Simon A . Rego, Rego, Gold, Kelly Glazer Baron, Baron, ” Rego, don’t Organizations: CNN, Washington University School of Medicine, Albert Einstein College of Medicine, Montefiore Medical, Montefiore, University of Utah Locations: St ., New York City, Salt Lake City

☆ Tech Stocks Have Recovered, But That Hasn’t Helped Startups
▼ + stars: | 2023-07-06 | by ( Angus Loten | ) www.wsj.com time to read: 1 min

Renewed vitality among large technology firms has yet to re-energize tech startups and their investors, who in recent months continued to put funding deals on hold and push back public-market debuts, according to the latest market data. Over the past year, venture-capital investors, company founders and analysts said the prolonged slump across the startup world would start to ease once public tech companies regained their footing, putting behind the market declines, budget cuts and layoffs of 2022.

☆ Trump’s dominance of GOP field has America bracing for a toxic campaign
▼ + stars: | 2023-07-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

But the raucous event in Pickens also showed the enduring power of his personality and feral political appeal to GOP base voters. The state of the raceAs early as it is, some of the big questions that will decide the 2024 GOP primary are beginning to be answered. Even with his support among GOP voters appearing to soften in CNN’s post-indictment poll, there’s little sign it’s affecting his position in the race. While this may reinforce perceptions among GOP primary voters that he’s a victim, it could remind other voters of the possibility of a convicted felon serving as president. Still, Kennedy’s appeal shows that a distrust of Washington institutions, experts and a political system many voters fear has failed them, is no longer exclusively reserved for Republican primary voters.

Persons: Donald Trump, Pickens, ” Trump, Trump, ” Steve Cortes, DeSantis, Mike Pence, Obama, Clinton, Biden, it’s, —, Sen, Lindsey Graham –, –, Chris Christie, Asa Hutchinson, Will Hurd, Lindsey Graham, president’s, — DeSantis, he’s, I’ll, ” Cortes, “, Buttigieg, Still, — Biden, Robert Kennedy’s, didn’t Organizations: CNN, America, Republican, GOP, DeSantis, ”, Trump, NBC, Labor, FBI, Justice Department, New, New Jersey Gov, Arkansas Gov, Texas Rep, PAC, White, Democratic Locations: South Carolina, Florida, Iowa, New Hampshire, New Jersey, Arkansas, Manhattan, Washington

☆ Arrival, Nikola signal more pain for EV startups
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +2 min

July 3 (Reuters) - Arrival SA will terminate plans to merge with a blank-check firm and Nikola Corp will offload its newly acquired battery unit, the companies said on Monday, amplifying concerns over the struggles electric vehicle (EV) startups face in building scale. Meanwhile, Nikola Corp (NKLA.O) will liquidate the assets of Romeo Power, an EV battery maker it acquired less than a year ago, to energize the business. In contrast, electric vehicle behemoth Tesla (TSLA.O) and California-based Rivian Automotive (RIVN.O) beat market estimates for second-quarter deliveries. Arrival had in April bet that the second reverse merger would release $283 million of cash held in trust before redemptions. The EV startup in May reported a 37% slump in cash and cash equivalent at the end of the first three months of the year, from the preceding quarter.

Persons: Nikola Corp, Romeo Power, Tesla, Van, Akash Sriram, Sriraj Organizations: Nikola Corp, Kensington Capital, Corp, Romeo, EV, CIIG Merger Corp, United Parcel Service, Thomson Locations: British, Kensington, California, Charlotte , North Carolina, Bengaluru

☆ Five Things to Know One Year After the Dobbs Decision
▼ + stars: | 2023-06-24 | by ( Michael Levenson | ) www.nytimes.com time to read: +1 min

Yet there have also been unexpected legal and political changes that have left Americans on both sides of the issue scrambling to adapt. Here are five major changes detailed in The New York Times’s coverage of the first anniversary of the decision in Dobbs v. Jackson Women’s Health Organization, which ended the constitutional right to abortion after nearly 50 years. The Dobbs decision has reshaped the national political landscape in two seemingly contradictory ways. It has made abortion rights a significant electoral strength for Democrats and, often, a clear liability for Republicans. And yet, Republican-dominated states have moved swiftly to limit or ban access to abortion.

Persons: Roe, Wade, Dobbs Organizations: Republican, Jackson, Health Organization, Democrats Locations: New York, Dobbs v

☆ Opinion | Before Trump, There Was Berlusconi
▼ + stars: | 2023-06-13 | by ( Mattia Ferraresi | ) www.nytimes.com time to read: +2 min

ROME — The tycoon-turned-politician spent his career mixing entertainment and power, escaping sex scandals and remodeling his party in his own plasticized image. But it’s actually Silvio Berlusconi, who died on Monday at the age of 86. Four times Italy’s prime minister, Mr. Berlusconi dominated Italian politics for three decades and fundamentally reshaped its landscape and imagination. In leveraging his fame and celebrity to gain power — and managing against all odds to retain it — Mr. Berlusconi provided a template for Mr. Trump’s own political career. Long before Mr. Trump cried “witch hunt” and labeled the Manhattan district attorney, Alvin Bragg, a “psychopath,” Mr. Berlusconi was denouncing a Communist plot brought by judges in “red robes” who were out to destroy him.

Persons: ROME, Vladimir Putin, Donald Trump, it’s, Silvio Berlusconi, Berlusconi, Mr, Trump’s, strongmen, Long, Trump, Alvin Bragg, ” Mr Organizations: First, Mr Locations: Italian, Milan, First Republic, Manhattan

☆ Why Apple's VR headset could succeed where every similar product has failed
▼ + stars: | 2023-06-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

On Monday, Apple is expected to announce its first new major product line since the Apple Watch in 2014. During Apple's software-focused developer conference, WWDC, it could release its first mixed-reality headset, according to analyst research, media reports and increasingly, vague references from Apple itself. The headset, according to reports, will feature high-definition screens in front of the user's eyes. But since then, sales for existing VR headsets haven't been great, usage has been worse and the anticipated explosion in successful VR software companies hasn't happened. Apple's headset is expected to be more powerful than what's out there — even current $6,500 VR headsets.

Persons: what's, Apple, Wamsi Mohan, Microsoft's Hololens, Ming, Chi Kuo, Cowen, Krish Sankar, Peggy Johnson, it's Organizations: Apple, Apple Watch, Bank of America, Facebook, Meta, VR, U.S . Army, TFI Securities, CNBC

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