Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Will Cho"


25 mentions found


An uptick in Covid cases and hospitalizations in the U.S., and the emergence of new variants of the virus, are prompting questions about whether Americans should start masking up again. One thing's for sure: People infected with Covid should wear masks around others to prevent the spread of the virus. That includes your personal risk level, Covid rates in your region and who you might make contact with, public health experts said. Newer Covid variants like the now-dominant EG.5, or "Eris," and a handful of XBB strains have fueled the rise. New Covid shots from Pfizer , Moderna and Novavax are slated to roll out in mid-September, and will likely provide robust protection against those variants.
Persons: Michael Nason, Donna Nason, Andrew Pekosz, Francesca Torriani, Pavitra, Axios Organizations: Centers for Disease Control, Johns Hopkins Bloomberg School of Public Health, CNBC, CDC, U.S, Pfizer, Moderna, University of California, University of Washington School of Medicine Locations: Bakersfield, Los Angeles , CA, California, U.S, Covid, San Diego
HONG KONG, Aug 22 (Reuters) - Japanese restaurant owners in Hong Kong are grappling with a looming ban on seafood imports from 10 Japanese prefectures because of Tokyo's plan to release treated water from the crippled Fukushima plant into the sea from Aug. 24. Hong Kong is Japan's second largest market, after mainland China, for agricultural and fisheries exports. Although the details of Hong Kong's ban remains unclear, Halry Yu, 42, owner of Japanese restaurant Hassun, said more than 90% of seafood sent to Hong Kong is gathered in Tokyo. “If they ban imports that come via Tokyo, I think all sushi restaurants in Hong Kong will be in trouble. Advertising executive Hilda Lee, 30, said she enjoys eating Japanese seafood, and dines at Japanese restaurants two to three times each month.
Persons: Hong, Halry Yu, ” Yu, barbecued, Yu, Hong Kong, Hilda Lee, dines, Lee, Jim Smith, there's, Smith, Dino Leung, Leung, Edmond Ng, Joyce Zhou, Farah, Gerry Doyle Organizations: Japan, Hong, University of Portsmouth, Thomson Locations: HONG KONG, Hong Kong, China, Japan, Tokyo, Osaka, Hong, Fukushima, Chiba, Tochigi, Ibaraki, Gunma, Miyagi, Niigata, Nagano, Saitama, Wan Chai
Semi truck trailers are pictured at freight trucking company Yellow’s terminal near the Otay Mesa border crossing between the U.S. and Mexico in San Diego, California, U.S., August 7, 2023 after the company filed for bankruptcy protection. REUTERS/Mike BlakeNEW YORK, Aug 9 (Reuters) - Bankrupt trucking company Yellow Corp (YELL.O) will not seek court approval to borrow $142.5 million from private equity firm Apollo Global Management as planned on Wednesday, instead seeking time to explore alternate loan offers, an attorney for the company said. Yellow is weighing those offers while negotiating with Apollo on how those loans would impact Apollo's collateral rights on a pre-existing $501 million loan. Yellow plans to return to court on Friday with more clarity on which loan it will choose. The union, which represents about 22,000 Yellow employees, said the Nashville, Tennessee-based company "mismanaged" its way to bankruptcy despite concessions made by workers.
Persons: Mike Blake NEW, Pat Nash, Craig Goldblatt, Nash, Goldblatt, Dietrich Knauth, Chris Reese, Richard Chang Organizations: U.S, Yellow Corp, Apollo Global Management, MFN Partners, Estes Express, Apollo, International Brotherhood of Teamsters, Thomson Locations: Mexico, San Diego , California, U.S, Wilmington , Delaware, Nashville , Tennessee
New York CNN —In mid-July at the construction site at 1 Java Street in Brooklyn, New York, the outside temperatures can reach sweltering highs in the 90s. Geothermal technology is essentially a more eco-friendly version of an HVAC system, allowing the building spaces and water to be cooled and heated more efficiently, without traditional window AC units and natural gas. 1 Java Street in Brooklyn will use a geothermal sytstem for heating and cooling. In the winter, when the underground temperature exceeds the surface air temperature, water is used to transfer heat from the ground to building interiors; the process is reversed in the summer. Installing the building’s geothermal system increased construction costs by around 6%, according to Madi, and required securing equipment and trained manpower that remains relatively scarce.
Persons: New York CNN —, it’s, Biden, Layth Madi, Lendlease’s, , ” Madi, , Adam Alaica, ” Alacia, — Madi, York —, Alacia Organizations: New, New York CNN, New York State, International Energy Agency, CNN, Marvel, Lendlease, Geosource Energy Locations: New York, Brooklyn , New York, Greenpoint, Brooklyn’s, New York City, Brooklyn, Madi, York
Photographer: Ben Nelms/Bloomberg via Getty ImagesThe supply chain is in turmoil again with International Longshore & Warehouse Union West Coast Canada members walking off the job after a key union caucus voted down a tentative deal that had temporarily ended the West Coast ports strike last week. Rob Ashton, president of the ILWU Canada, said in a statement that it did not believe the recommendations had the ability to protect union jobs. His group estimated that the first strike would cause an average 6-8 weeks of supply chain disruption before conditions would return to normal. The National Association of Chemical Distributors told CNBC some chemical companies are expected supply chain congestion until October as a result of the strike. Critical chemicals that go into food, cleaning, water purification, and personal care, among many others, flow through the West Coast ports of Canada and down to the United States.
Persons: Prince Rupert, of Prince Rupert in Prince, Trudeau, He's, Kinder Morgan, Ben Nelms, Rob Ashton, Seamus O'Reagan, " O'Regan, Steve Lamar, Lamar, Vancouver and Prince Rupert, Destine Ozuygur, Ozuygur, Eric Byer, Byer, HLS, Captain Adil Ashiq, Ashiq, Paul Brashier, BCMEA Organizations: Prince Rupert Grain Ltd, Canadian, Enbridge Inc, Kinder, Kinder Morgan Inc, Bloomberg, Getty, Warehouse Union, Coast Canada, British Columbia Maritime Employee Association, Canada's Labor, Canada's Transport, Canada Industrial Relations Board, Logistics, CNBC, American Apparel and Footwear Association, Railway Association of Canada, U.S, Port, HLS Shipping, Association of American Railroads, National Association of Chemical Distributors, Canadian National Railroad, Government, ., U.S ., ITS Logistics Locations: of, of Prince Rupert in Prince Rupert, British Columbia, Canada, Petroliam Nasional, West, British, Vancouver, U.S, Port of Vancouver, eeSea, United States, . West Coast, East Coast, China, U.S . West Coast, U.S . East Coast, North America, East, Asia
Cora strengthens Carrefour’s inflation defences
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +2 min
LONDON, July 13 (Reuters Breakingviews) - Carrefour’s (CARR.PA) 1 billion euros acquisition of smaller rival Cora could be seen as a consequence of the French group’s ability to navigate rocketing inflation. It will give the combined company a near 23% share of the fragmented and competitive French market, consolidating Carrefour’s leadership on its home turf. Five years ago, Carrefour and Casino had begun tentative talks for a possible merger that ultimately collapsed. If anything, Cora’s acquisition will make Carrefour a more attractive target. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Cora, Daniel Kretinsky, Xavier Niel ., Pierre Briançon, Aimee Donnellan, Streisand Neto Organizations: Reuters, Carrefour, Casino, Twitter, Thomson Locations: French, France
In recent weeks, banks have stepped up efforts to prevent such losses, according to commercial real estate (CRE) analysts and industry data. The 23 largest U.S. banks held 20% of office and downtown retail CRE loans, according to the U.S. Federal Reserve. Small banks also have high exposure to CRE loans as a percentage of their assets. About $2.1 billion of office loans pooled in CMBS matured in May, almost double the total amount from January through April, for example. If borrowers agreed to loan extensions, some $10.8 billion of office loans maturing this year would be pushed to later years, Moody's said.
Persons: Shaishav Agarwal, Agarwal, Steve Jellinek, Moody's, Kevin Fagan, Fagan, ” Fagan, Eliasaf, , Banks, Shankar Ramakrishnan, Matt Tracy, Paritosh Bansal, Nick Zieminski Organizations: U.S, Deutsche Bank, U.S . Federal, Manhattan, Northwind, Thomson Locations: York
Men Are Baring Midriffs in Crop Tops
  + stars: | 2023-07-09 | by ( Emma Grillo | ) www.nytimes.com   time to read: +1 min
As men have embraced shorter shorts over the past few years, some have also started to wear shorter shirts — specifically, crop tops. Though men have been known to wear stomach-baring garments when they exercise or go to the beach, lately crop tops can be seen on guys at stores and bars. Some wearers are making theirs by taking scissors to old T-shirts; others buy them off the rack, often from stores’ women’s sections. David Mendoza, 29, an operations manager in New York, owns crop tops of varying lengths. “If I’m wearing one just to go out casually, the crop top will be mid- to long length,” Mr. Mendoza said.
Persons: baring, David Mendoza, Mr, Mendoza Locations: New York
That represents a steep 75% discount to the $315 billion valuation in 2020 for what was set to be the world's largest IPO had it not been derailed at the last minute by Chinese regulators. "China needs to resolve the Ant IPO to restore investor confidence," said Wang Qi, chief executive of China-focused asset manager MegaTrust Investment. For the broader technology sector, Ant's fine marks a key step towards the conclusion of China's bruising crackdown on private enterprises, which began with the scrapping of Ant's IPO in late 2020 and subsequently wiped billions off the market value of several companies. "At the same time, initiating a stock buyback also indirectly informs investors that the possibility of a short-term IPO recovery is unlikely." On Friday, Chinese authorities also announced fines against two Chinese banks, an insurer, and Tencent Holdings' (0700.HK) online payment platform Tenpay.
Persons: Ant, Zhang Zihua, Wang Qi, Jack Ma, Hanyang Wang, Julie Zhu, Josh Ye, Brenda Goh, Zhang Yan, Scott Murdoch, Shri Navaratnam, Kim Coghill Organizations: Saturday, Ant, Hangzhou Junhan Equity Investment Partnership, Hangzhou Junao Equity Investment Partnership, Beijing Yunyi, MegaTrust Investment, Fidelity, Reuters, Tencent Holdings, HK, People's Bank of China, Thomson Locations: HONG KONG, Hangzhou, Hangzhou Junhan, Beijing, China
It marked a sharp fall in the $300 billion-plus value ascribed to the company in mid-2020, before its IPO planned for later that year was pulled. Ant said it had proposed to all of its shareholders to repurchase up to 7.6% of its equity interest at a price that represents a group valuation of approximately 567.1 billion yuan. The repurchase proposal will also provide a liquidity option for the company’s investors," it said. Ant's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily decided not to participate in the repurchase, the company added. "At the same time, initiating a stock buyback also indirectly informs investors that the possibility of a short-term IPO recovery is unlikely."
Persons: Ant, Hanyang Wang, Jack Ma, Brenda Goh, Zhang Yan, Josh Ye, Shri Navaratnam Organizations: Saturday, Ant, Hangzhou Junhan Equity Investment Partnership, Hangzhou Junao Equity Investment Partnership, Tencent Holdings, HK, People's Bank of China, Thomson Locations: SHANGHAI, Hangzhou, Shanghai, Hong Kong
Enter writers like Nora Ephron, a fighter for the cause who was a genius at using wit to handle any woe. “The Most of Nora Ephron” is a tome that includes so much of what she published, from current affairs journalism to food blogging to Broadway plays. “I hope that you choose not to be a lady,” she told the 1996 graduates at her alma mater, Wellesley. “I hope you will find some way to break the rules and make a little trouble out there. Pointing out how ridiculous the status quo is breaks its spell and gives us the freedom to dream up something better.
Persons: topick, Nora Ephron, Nora Ephron ”, Nora, , Carl Bernstein, Gail Collins, , ” Doris Lessing’s, Miss, Nick Pileggi, Clarence Thomas, it’s Organizations: Broadway, White, Disney Locations: America, Washington, mater, Wellesley,
Jakub Porzycki | NurPhoto | Getty ImagesNovavax has a clear message for Wall Street: The cash-strapped Covid vaccine maker sees a pathway to survival. The 36-year-old company will continue to rely on its protein-based Covid vaccine – its only commercially available product – for most of its revenue this year. Once the U.S. government's supply of free Covid vaccines runs out, all three companies will sell updated shots directly to health-care providers. A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. But Taylor emphasized that the plan will help Novavax refocus on its top priority: delivering an updated vaccine in the coming months.
Persons: Jakub Porzycki, Novavax, Covid, Cowen, Brendan Smith, John Jacobs, Smith, that's, Silvia Taylor, Taylor, Jefferies, Roger Song, Patrick Van Katwijk, Mayank Mamtani, let's, Mamtani, Let's, Song, Ding Genhou Organizations: NurPhoto, Getty, Pfizer, Moderna, CNBC, Food and Drug Administration, World Health Organization, FDA, Dutch Health Service Organization, Riley Securities, U.S, Centers for Disease Control, CDC, Reuters, Visual China Locations: Krakow, Poland, Maryland, U.S, The Hague, Netherlands, Moderna, Geneva, Hohhot, Inner Mongolia Autonomous Region, China
Solo Per Due – “Just for Two” in Italian – is no ordinary restaurant, and not just because of its tiny size. Its owners claim it is the smallest fine-dining establishment not only in Italy but in the world, too. Guests are required to arrive at a specific time agreed by the owners, who prepare and serve the elaborate food. “This is not a restaurant – we offer a unique, intimate experience which is at the core of our decades-long reputation. Upon request, a private driver can be arranged to pick up guests, and fireworks can be staged in the garden.
Persons: we’ll, Stanley Tucci, , Silvia Marchetti, Antonello Nusca, you’ve, That’s, it’s, , Mr, Remo, he’s, Horace, , He’s Organizations: CNN, intel Locations: Italy, Vacone, Rome
Of the nine factions in parliament, eight have opposed changing the system, which they say would be regressive and undemocratic. "The possibility of an election delay is high if the ruling is a closed system," said Bivitri Susanti of Indonesia's Jentera school of law, adding the election commission would need time to implement the necessary changes. Fajar Laksono, the court spokesperson, confirmed a decision on the voting system was expected on Thursday. The court case and talk of an election delay has added fuel to persistent speculation that allies of Jokowi want him to stay in power longer, a scenario he has officially rejected. A higher court overruled that and Supreme Court has accepted the party's appeal.
Persons: Fajar Laksono, Joko Widodo, Jokowi, Jokowi's, Ananda Teresia, Stanley Widianto, Kate Lamb, Martin Petty Organizations: Democratic Party of Struggle Party, Thomson Locations: JAKARTA
Amputee surfer making waves in the sport
  + stars: | 2023-06-12 | by ( Borja Suarez | ) www.reuters.com   time to read: +1 min
[1/5] Sarah Almagro, 23, trains with her coach Javier Donoso, during the adaptive surfing Open LPA Surf City, Las Palmas, Gran Canaria, Spain, June 11, 2023. REUTERS/Borja SuarezLAS PALMAS DE GRAN CANARIA, June 12 (Reuters) - When Sarah Almagro was 18 she suffered meningococcal meningitis and surgeons had to amputate both her hands and feet. Almagro was among the competitors who took part in the Open LPA Surf City 2023 championship in Playa de las Canteras in Gran Canaria on Saturday. Adaptive surfing refers to surfing where people with disabilities adapt their techniques and equipment in order to be able to practise the sport. Surfing will not be part of the Paralympics next year in Paris, but Almagro hopes it will chosen as a sport for the Games from 2028.
Persons: Sarah Almagro, Javier Donoso, Borja Suarez, Almagro, Graham Keeley, Toby Davis Organizations: Gran Canaria, REUTERS, Borja Suarez LAS PALMAS DE GRAN CANARIA, Reuters, Games, Thomson Locations: Las Palmas, Gran, Spain, United States, Playa de las, Malaga, Paris
MOSCOW, June 9 (Reuters) - VTB, Russia's second largest bank, will sell its stake in one of Russia's biggest grain traders, Demetra-Holding, and is in negotiations with both Russian and foreign buyers, CEO Andrei Kostin told Reuters in an interview. Demetra has a network of grain elevators, major deep sea grain terminals and its own logistics. It owns a non controlling stake in major grain trader United Grain Company (OZK). It's decided," Kostin told Reuters. Kostin said VTB saw few prospects for itself in the grain business, adding that a sanctioned bank in the shareholding hindered the holding.
Persons: Andrei Kostin, Demetra, VTB, It's, Kostin, Vadim Moshkovich, Guy Faulconbridge, Elena Fabrichnaya Organizations: Reuters, United Grain Company, Thomson Locations: MOSCOW, Russia, China
The pharmaceutical company Merck on Tuesday sued the government over a federal law that empowers Medicare for the first time to negotiate prices directly with drugmakers. Democrats pushed through the Medicare-negotiation program last summer as a provision of the Inflation Reduction Act, framing it as a way of lowering drug prices. Only some drugs will be subject to negotiation with Medicare and only after they have been on the market without competition for years. But Merck, which generated $14.5 billion in profit last year, claimed in a statement on Tuesday that the law would stifle its ability and that of its peers to make risky investments in new cures. Other drug companies have suggested that they will choose to cut certain drug development programs because of the projected dent to their revenue.
Organizations: Merck, Medicare Locations: Washington
A Washington State woman who for over a year refused a court order to receive treatment for tuberculosis was taken into custody on Thursday, more than three months after a civil warrant was issued for her arrest, the authorities said. The Tacoma-Pierce County Health Department said in a statement that the woman, who has been identified in court documents only by the initials V.N., had been taken to the Pierce County Jail, where she would be housed in a room that is “specially equipped for isolation, testing and treatment.”“We are hopeful she will choose to get the lifesaving treatment she needs to treat her tuberculosis,” the statement said. Darren Moss, a spokesman the Pierce County Sheriff’s Department, said in an email on Friday that the woman was taken into custody without incident at her home on Thursday and was transported to the jail in a specially equipped vehicle that allowed her to remain isolated for the duration of the trip. He declined to say where the woman lived.
Persons: Darren Moss Organizations: Washington State, Pierce, Pierce County Health Department, Sheriff’s Department Locations: Tacoma, Pierce County, Pierce
Approximately 2 billion parking spots cover the country, enough to pave over the entire state of Connecticut. Cities have built so much parking through a policy few people know: minimum parking requirements. Mandatory parking minimums helped shape the modern makeup of America cities. More parking spaces mean bigger parking lots. There are an estimated three to eight parking spots for every car in America.
India’s airline turbulence will be felt abroad
  + stars: | 2023-05-17 | by ( Shritama Bose | ) www.reuters.com   time to read: +4 min
India’s Go First has gone into bankruptcy – the country’s second airline to do so since 2019. Its subsequent public and messy spat with engine suppliers and lessors will have ripple effects across the industry and abroad. Go, the country’s third largest airline with a 7% market share, blames Raytheon Technologies-backed (RTX.N) Pratt & Whitney’s “faulty” engines. A global industry association, Aviation Working Group, has put India on a watchlist for violating global conventions on repossession of airplanes. The trouble at Go may not put them off but it promises some extra turbulence ahead.
We love theater; theater awards, not so much. So take our annual Tony Awards “ballot” (though we don’t actually get to vote) with a shaker of salt — and these caveats. In the “Will Win” category, we guess what the 769 actual voters will choose. We don’t mean to suggest that the people and productions listed in the “Should Win” category are more deserving than those in the “Will Win” category. It salutes work that was eligible for nomination — but also, indicated by an asterisk, work that wasn’t.
Meanwhile, annual inflation rose to 4.9% in April, the smallest jump in two years, the U.S. Bureau of Labor Statistics announced Wednesday. But after a series of interest rate hikes from the Federal Reserve, alternatives like Treasury bills, certificates of deposit or money market accounts have emerged as competitive options for cash. "You lose that last three months of interest," said Ken Tumin, founder and editor of DepositAccounts.com. watch nowIf you're selling I bonds within five years, it's easy to get confused by how much interest you're giving up. (You can find the rate by purchase date here and rate change by purchase month here.)
Analysts at a major Wall Street research firm see multi-year growth and share gains ahead for off-price retailers. Under this scenario, lower-income consumers will choose to spend their money at off-price retailers. The analysts like Ross Stores (ROST) best, and called Burlington Stores (BURL) high-risk, high-reward, with a multi-year turnaround story. Bank of America, in a note this week, emphasized that the off-price retailers, including TJX, will be eager to take over the additional closed Bed Bath & Beyond locations. Bottom line We're encouraged to hear from Bernstein that lower-income consumers might be ready to spend more at off-price retailers, leading the analysts to say they would view "Q1 off-price weakness as an entry point" into the stocks.
Insider is seeking nominations for our inaugural list of rising stars managing influencers. Nominees must be 35 years old or younger, and work in influencer talent management. Now, we want to hear from you on who the rising stars of influencer talent management are, working on the day-to-day of crafting an influencer's digital brand. They must manage social-media influencers on platforms like YouTube, Instagram, or TikTok, and work for a talent management firm — not an agency. Insider will choose the talent managers based on our reporting, conversations with industry professionals, and nominations.
There's a word-of-mouth Slack channel used by Amazon employees on its performance-improvement plan. Most employees post anonymously; one former worker likened it to a virtual support group. The Slack channel, #focus-and-pivot-info, is not highly publicized, according to interviews with eight current and former Amazon employees, five of whom are or were members of the channel. Most employees post anonymously, making their comments difficult to verify or investigate further. On Slack, a sense of community — but also stressThe Slack channel does not appear to be public knowledge within the company.
Total: 25