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The market reaction reflects an expectation that a $4 billion payment would be manageable for Binance, four crypto investors and market participants said. Its status has for years left investors wary of risks to the wider market from a string of regulatory and legal headaches facing Binance. Any resolution of the DOJ probe would remove the risk to the crypto market of Binance's sudden collapse, said Sui Chung, CEO of crypto index provider CF Benchmarks. "Binance disappearing overnight remains a potential systemic risk to the crypto market," Chung said. Other investors cited the personal wealth of Zhao as being sufficient to cover any settlement with the DOJ.

Persons: Dado Ruvic, Bitcoin, Binance, Anatoly Crachilov, Crachilov, Changpeng Zhao, Zhao, Sui Chung, Chung, Tom Wilson, Elizabeth Howcroft, Susan Fenton Organizations: REUTERS, U.S . Justice Department, Bloomberg, Reuters, London, Asset Management, DOJ, U.S . Securities, Exchange Commission, Assets Fund, Thomson Locations: Binance, London

☆ South Korea to ban eating dogs
▼ + stars: | 2023-11-17 | by ( Ju-Min Park | ) www.reuters.com time to read: +2 min

SEOUL, Nov 17 (Reuters) - South Korea aims to ban eating dog meat and put an end to the controversy over the ancient custom amid growing awareness of animal rights, a ruling party policy chief said on Friday. The government and ruling party would introduce a bill this year to enforce a ban, Yu said, adding that with expected bipartisan support, the bill should sail through parliament. First lady Kim Keon Hee has been a vocal critic of dog meat consumption and, along with her husband, President Yoon Suk Yeol, has adopted stray dogs. Eating dog meat has been an age-old practice on the Korean peninsula and is seen as a way to beat the summer heat. A Gallup Korea poll last year showed 64% opposed dog meat consumption.

Persons: Yu, Chung Hwang, keun, Kim Keon Hee, Yoon Suk, Ed Davies, Robert Birsel Organizations: Power Party, Agriculture, Humane Society International, Gallup, Thomson Locations: SEOUL, Korea, South Korea, Gallup Korea

☆ South Korea to Ban Eating Dogs
▼ + stars: | 2023-11-17 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Ju-min ParkSEOUL (Reuters) - South Korea aims to ban eating dog meat and put an end to the controversy over the ancient custom amid growing awareness of animal rights, a ruling party policy chief said on Friday. The government and ruling party would introduce a bill this year to enforce a ban, Yu said, adding that with expected bipartisan support, the bill should sail through parliament. First lady Kim Keon Hee has been a vocal critic of dog meat consumption and, along with her husband, President Yoon Suk Yeol, has adopted stray dogs. Eating dog meat has been an age-old practice on the Korean peninsula and is seen as a way to beat the summer heat. A Gallup Korea poll last year showed 64% opposed dog meat consumption.

Persons: Yu, Chung Hwang, keun, Kim Keon Hee, Yoon Suk, Ed Davies, Robert Birsel Organizations: Power Party, Agriculture, Humane Society International, Gallup Locations: SEOUL, Korea, South Korea, Gallup Korea

[1/3] South Korean students wait to take the annual College Scholastic Ability Test at a school on November 16, 2023 in Seoul, South Korea. Chung Sung-Jun/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 16 (Reuters) - Half a million South Koreans sat for the annual nationwide college entrance exam on Thursday, the first time in four years that the exam, often considered life-defining in the highly competitive society, has taken place free of pandemic rules. The annual exam is widely considered one of the most important tests in the country. South Korean financial markets opened an hour later than usual at 10 a.m. (0100 GMT) to ease traffic. South Koreans spent a record 26 trillion won ($19.97 billion) on private education last year, despite a declining student population, a government report showed.

Persons: Chung Sung, Kim Mi, Yoon Suk Yeol, Daewung Kim, Jimin Jung, Soo, hyang Choi, Gerry Doyle Organizations: College Scholastic, REUTERS Acquire, Rights, Thomson Locations: Seoul, South Korea, Rights SEOUL, Korean

☆ Fact Check: US infant mortality rise not linked to vaccines
▼ + stars: | 2023-11-13 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Ask CDC about vaccinating pregnant ‘people’, preemies and newborns today vs 20 years ago” in response to a CBS News X post about the CDC report. Two of these causes of infant death, maternal complications and bacterial sepsis, showed statistically significant (greater than would be expected by chance) increases of 2.6 infant deaths per 100,000 live births and 2.1 infant deaths per 100,000 live births respectively. Overall, infant mortality was 5.60 per 100,000 in 2022, compared with 5.44 per 100,000 in 2021, a 3% rise. The CDC, World Health Organization (WHO), American Academy of Pediatrics (AAP) and evidence-based research support vaccinations for preventable diseases and reducing infant mortality. Reuters has previously addressed similar false claims that vaccinations were linked to sudden infant death syndrome rates in the U.S.CDC did not respond to requests for comment.

Persons: Dr, Sandy L, Chung, Eric Eichenwald, Read Organizations: U.S . Centers for Disease Control, Prevention, CDC, CBS, Vital Statistics, CDC’s National Center for Health Statistics, American Academy of Pediatrics, World Health Organization, WHO, Reuters, Thomson Locations: Alaska, Nevada, Georgia, Iowa , Missouri, Texas, U.S

☆ Hyundai plans to make 200,000 EVs a year at $1.5 billion plant in South Korea
▼ + stars: | 2023-11-13 | by ( Diksha Madhok | ) edition.cnn.com time to read: +1 min

New Delhi CNN —Hyundai Motor has kicked off construction on a 2 trillion won ($1.5 billion) facility in South Korea that will be dedicated to manufacturing electric vehicles. The group, which owns the Hyundai and Kia brands, held the groundbreaking ceremony on Sunday in Ulsan, where the carmaker built its first assembly plant in 1968. The new factory will be capable of producing 200,000 electric vehicles a year, the company said in a statement. The Korean carmaker’s investment in electric vehicles comes at a time when some of its rivals are taking the foot off the pedal. Meanwhile, Hyundai Motor Group, is also investing $5.5 billion in Georgia to build electric vehicles and battery facilities.

Persons: ”, Euisun Chung, General Motors Organizations: New, New Delhi CNN — Hyundai, Hyundai, Kia, Ulsan, Hyundai Motor Group, General, Ford Locations: New Delhi, South Korea, Ulsan, Korean, Georgia

People walk across the plaza of the U.S. Supreme Court building on the first day of the court's new term in Washington, U.S. October 3, 2022. The court takes up appeals when at least four of its nine justices agree to hear a case. Jackson described Johnson's solitary confinement as "unusually severe," noting that "prison officials completely deprived Johnson of exercise for nearly all of his incarceration" at Pontiac Correctional Center. Johnson has a history of mental illness, including depression and bipolar disorder, and suicide attempts, according to his lawyers. Johnson sought monetary damages, medical treatment and other relief in the lawsuit accusing prison officials of violating the Eighth Amendment by denying him exercise for a prolonged period.

Persons: Jonathan Ernst, Michael Johnson's, Johnson, Justice Ketanji Brown Jackson, Sonia Sotomayor, Elena Kagan, Jackson, Kwame Raoul, Daniel Greenfield, compulsively, Johnson's, John Kruzel, Andrew Chung, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Pontiac Correctional Center, Illinois Democratic, Circuit, Thomson Locations: Washington , U.S, Illinois, Chicago, Washington, New York

☆ Hyundai Motor breaks ground on $1.5 bln EV plant in South Korea
▼ + stars: | 2023-11-13 | by ( Heekyong Yang | ) www.reuters.com time to read: +2 min

ULSAN, South Korea, Nov 13 (Reuters) - Hyundai Motor Co (005380.KS) on Monday broke ground on a 2 trillion won ($1.52 billion) dedicated electric vehicle (EV) plant in South Korea, as the automaker accelerate a shift to electrification. Hyundai Motor Group, which encompasses Hyundai Motor, Kia and Genesis brands, said in April it plans to launch 31 EVs by 2030. Hyundai Motor Group's Executive Chair Euisun Chung, Hyundai Motor's Chief Executive Officer and other officials, including the Ulsan Metropolitan City Mayor, attended the event to witness the ground breaking of the EV factory, the automaker's first new plant in South Korea in 29 years. The groundbreaking comes after Hyundai Motor said it would stick to its EV rollout plans - a contrast to some rivals that have pulled back on EV production due to cooling demand. Last year, Hyundai Motor Group broke ground on a $5.54 billion EV and battery plants in the U.S. state of Georgia.

Persons: Euisun Chung, Jaehoon Chang, Chang, 1,316.5100, Heekyong Yang, Ed Davies Organizations: Hyundai, Hyundai Motor, Kia Corp, Hyundai Motor Group, Kia, Genesis, Hyundai Motor's, Ulsan Metropolitan City Mayor, EV, General Motors Co, Chevrolet Silverado, GMC, Ford Motor, Tesla Inc, GM, Honda, Thomson Locations: ULSAN, South Korea, Ulsan, U.S ., Georgia, United States, Michigan, Mexico

The U.S. Supreme Court building is seen on the day that Justices Clarence Thomas and Samuel Alito released their delayed financial disclosure reports and the reports were made public in Washington, U.S., August 31, 2023. The court released its code "to set out succinctly and gather in one place the ethics rules and principles that guide the conduct of the members of the court," according to a brief introductory statement. Unlike other members of the federal judiciary, the Supreme Court's life-tenured justices had long acted with no binding ethics code. Most of the ethics revelations in recent months involved Justice Clarence Thomas, one of the court's most conservative members. The issue had become an political flashpoint, with Democrats in Congress calling on the court to adopt an ethics code, while many Republicans viewed the ethics narrative involving the court as cooked up by liberals upset at its rightward leanings.

Persons: Clarence Thomas, Samuel Alito, Kevin Wurm, Thomas, Harlan Crow, ProPublica, Koch, Anthony Welters, Andrew Chung, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Republicans, Democrats, Thomson Locations: Washington , U.S, Texas, New York

WASHINGTON, Nov 9 (Reuters) - Senate Democrats are set on Thursday to vote on authorizing subpoenas to a pair of influential conservatives with ties to the U.S. Supreme Court as part of an ethics inquiry spurred by reports of undisclosed largesse directed to some conservative justices. Lawyers for Leo and Crow in letters to the committee criticized the information requests as lacking a proper legal justification. Crow's lawyer proposed turning over a narrower range of information but Democrats rebuffed that offer, according to the panel's Democratic members. The Senate Judiciary Committee in July approved a Democratic-backed bill that would mandate a binding ethics code for the justices. Reporting by John Kruzel; Additional reporting by Nate Raymond in Boston; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: largesse, Harlan Crow, Clarence Thomas, Leonard Leo, Donald Trump's, Dick Durbin, Crow, Leo, Durbin, Robin Arkley II, Samuel Alito, Paul Singer, Trump, Thomas, Alito, Singer, John Kruzel, Nate Raymond, Will Dunham Organizations: Democrats, U.S, Supreme, Democratic, Republican, Thomson Locations: Texas, Alaska, Boston

A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. The source, who declined to be named because the information was confidential, said Intel had made that decision around July. Intel is also expanding its investment in chip packaging in Malaysia, one of Vietnam's main Southeast Asian rivals. "You cannot take for granted that because Intel has already invested here it will invest more," Chung Seck, partner at law firm Baker & McKenzie Vietnam told Reuters. Asked about the possible investment plan at the time, Intel told Reuters: "Vietnam is an important part of our global manufacturing network, but we have not announced any new investments."

Persons: Dado Ruvic, Joe Biden, Biden's, Tran Luu Quang, chipmakers, Chung Seck, Baker, McKenzie, Francesco Guarascio @fraguarascio, Max Cherney, Khanh, Miyoung Kim Organizations: REUTERS, Rights, Intel, U.S, Reuters, Vietnam's, White House, Marvell, McKenzie Vietnam, Thomson Locations: Rights HANOI, Vietnam, China, Taiwan, United States, U.S, Hanoi, Europe, Malaysia, San Francisco, Khanh Vu

Circuit Court of Appeals concluded that the measure failed a stringent test set by the Supreme Court in a 2022 ruling that required gun laws to be "consistent with the nation's historical tradition of firearm regulation" in order to survive a Second Amendment challenge. Violating the law initially was punishable by up to 10 years in prison but has since been raised to 15 years. A federal judge rejected Rahimi's Second Amendment challenge and sentenced him to more than six years in prison. Biden's administration has said the law should survive because of the long tradition in the United States of taking guns from people deemed dangerous. Supporters of Rahimi have argued that judges too easily issue restraining orders in an unfair process that results in the deprivation of the constitutional gun rights of accused abusers.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, Bruen, Zackey, Rahimi, Andrew Chung, Will Dunham Organizations: U.S, White, REUTERS, Rights, Supreme, Circuit, Appeals, New York State, Police, Thomson Locations: Washington U.S, Orleans, New York, Texas, Bruen, United States

☆ Guns rights and domestic violence protections collide at US Supreme Court
▼ + stars: | 2023-11-06 | by ( Andrew Chung | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +6 min

A group among hundreds of supporters of gun control laws rally in front of the US Supreme Court as the justices hear the first major gun rights case since 2010, in Washington, U.S. December 2, 2019. The law at issue makes it a crime for a person under a domestic violence restraining order to have a gun. And in this case, many gun rights groups and conservative or libertarian legal scholars support Rahimi's challenge, while many liberal and gun safety organizations oppose it. The Supreme Court will hear an appeal by President Joe Biden's administration of a ruling by the 5th U.S. It also emphasized that a gun's presence gun substantially increases the chances that a domestic violence incident turn deadly.

Persons: Andrew Chung, Phil Sorrells, they're, Sorrells, Zackey Rahimi, George Mocsary, Joe Biden's, Donald Trump's, Rahimi, Eve Brensike Primus, Primus, Will Dunham Organizations: US, Court, REUTERS, U.S, Supreme, Republican, University of Wyoming, Circuit, Appeals, New York, University of Michigan Law, Thomson Locations: Washington , U.S, New Orleans, Tarrant County, Texas, United States, New York, Republican Texas

☆ Exclusive: Chinese jet fired flares close to submarine-hunting helicopter in South China Sea, Canadian Navy says
▼ + stars: | 2023-11-03 | by ( Brad Lendon | ) edition.cnn.com time to read: +8 min

The first incident was over international waters outside of 34 miles from the Paracel Island chain in the northern part of the South China Sea. The warship was operating in international waters 100 miles (160 kilometers) east of the Paracels at the time. The Canadian helicopter was searching for a previously detected submarine when the incidents occurred, officers aboard the Ottawa said. The Paracels, called the Xisha Islands by China, are in the northern part of the South China Sea, east of Da Nang, Vietnam, and south of China’s Hainan Island. On Tuesday, a PLA fighter jet came within 10 feet of a US Air Force B-52 bomber flying over the South China Sea, the US military said.

Persons: ”, Rob Millen, Millen, Andrew Vaughan, “, It’s, Noble, Rafael Peralta, Hoon, Li Shangfu, ” Li, Li, Iain Huddleston, Huddleston, Ely Ratner, ” Ratner Organizations: HMCS, HMCS Ottawa CNN, Canadian, Royal Canadian Navy, Sikorsky Cyclone, People’s Liberation Army Navy, CNN, Sikorsky CH, Cyclone, The Canadian Press, New, US Navy, PLA, Navy, U.S . Air Force, ., US Air Force, 1st Air Division, Radio Canada, Canada’s Defense Ministry, Ministry, US, East, South China Locations: HMCS Ottawa, South, Ottawa, Canada, South China, HMCS Montreal, Halifax, China, Da Nang, Vietnam, China’s Hainan, The Hague, United States, New Zealand, Taiwan Strait, Taiwan, Canadian, Montreal, Singapore, “, U.S, Chinese, East

☆ US Supreme Court to decide legality of federal ban on gun 'bump stocks'
▼ + stars: | 2023-11-03 | by ( Andrew Chung | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +4 min

Bump stocks use a semiautomatic's recoil to allow it to slide back and forth while "bumping" the shooter's trigger finger, resulting in rapid fire. The Supreme Court previously had turned away some challenges to the bump stocks prohibition. Cargill sued to challenge the rule, which required him to surrender his two bump stocks. That decision "threatens significant harm to public safety," the Justice Department said in a filing to the Supreme Court. "Bump stocks allow a shooter to fire hundreds of bullets a minute by a single pull of the trigger.

Persons: George Frey, Donald Trump, Joe Biden's, Michael Cargill, Cargill, Richard Samp, Samp, Biden, Andrew Chung, Will Dunham Organizations: REUTERS, U.S, Supreme, Trump, Alcohol, Tobacco, Firearms, Explosives, U.S . Justice Department, National Firearms Act, New Civil Liberties Alliance, Cargill, ATF, U.S . Justice, Circuit, Justice Department, National Rifle Association, Thomson Locations: Orem , Utah, U.S, Austin , Texas, Las Vegas, New Orleans, United States, New York

☆ US Supreme Court to hear NRA free speech case against New York official
▼ + stars: | 2023-11-03 | by ( John Kruzel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +4 min

It represents the latest case to come before the Supreme Court involving the NRA, a group closely aligned with Republicans that has opposed gun control measures and backed pivotal lawsuits that have widened U.S. gun rights. The NRA was founded in New York in 1871 and was incorporated as a non-profit in the state. At issue was whether Vullo wielded her regulatory power to coerce New York financial institutions into cutting ties with the NRA in violation of its free speech rights under the First Amendment. Circuit Court of Appeals in 2022 said those also should have been dismissed, prompting the NRA's appeal to the Supreme Court. The NRA has been engaged in an extensive legal fight with the state of New York separate from the case involving Vullo.

Persons: Maria Vullo, Vullo, Lloyd's, Andrew Cuomo, Democrat Letitia James, James, John Kruzel, Andrew Chung, Will Dunham Organizations: U.S, Supreme, National Rifle Association, New York's Department of Financial Services, NRA, Republicans, New, Democratic, U.S . Congress, Parkland, Vullo, Circuit, Democrat, Republican, Thomson Locations: New York, Parkland , Florida, London, York, United States, Manhattan, . New York, Texas, Washington

☆ US destroyer, Canadian frigate transit Taiwan Strait -US military
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Nov 2 (Reuters) - The U.S. destroyer USS Rafael Peralta and a Royal Canadian Navy frigate HMCS Ottawa transited the Taiwan Strait on Wednesday, the U.S. 7th Fleet said in a statement, making their third joint transit in the region since June. Taiwan's defence ministry said the two warships sailed through the Taiwan Strait in a northerly direction on Wednesday night, adding it monitored the movement and the situation was "normal." The U.S. and Canadian navies made a similar transit in September. In June, the U.S. navy released a video of what it called an "unsafe interaction" in the Taiwan Strait in which a Chinese warship crossed in front of a U.S. destroyer. The U.S. destroyer USS Chung-Hoon and Canadian frigate Montreal were conducting a "routine" transit of the strait in June.

Persons: Rafael Peralta, Hoon, Albee Zhang, Ryan Woo, Mou Lee, Simon Cameron, Moore Organizations: Royal Canadian Navy, U.S . 7th Fleet, People's Liberation Army Eastern Theater Command, U.S ., Montreal, Thomson Locations: BEIJING, U.S, Ottawa, Taiwan Strait, Taiwan, China, Canadian, Beijing

A nonpartisan business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022. Battery storage is expected to support 48,000 jobs, and solar is expected to support 35,000, both annually for five years. “As community colleges develop a rhythm for training the type of workers these companies need, that’s going to enhance the appeal of our workforce and state as a business location to more and more these clean energy companies," he said. Although investments in clean energy are “on hyperdrive,” other factors were supporting the clean energy labor transition before the IRA, said Joseph Kane, a researcher at the Brookings Institution nonprofit research organization. Labor shortages in the clean energy sector, particularly in construction, manufacturing, and electrical work are notable, said Thomas Kwan, director of sustainability research at Schneider Electric, an energy management and industrial automation company.

Persons: “, Bob Keefe, Mateo Jaramillo, ” Jaramillo, Christopher Chung, ”, Chung, Joseph Kane, Kane, Thomas Kwan, Kwan Organizations: Environmental Entrepreneurs, EV, Economic Development, of, Brookings Institution, Labor, Schneider Electric, AP Locations: U.S, Weirton , West Virginia, West Virginia, of North Carolina, North Carolina

Blocking users is a function often employed on social media to stifle critics. The justices, hearing about three hours of arguments, focused on spelling out the circumstances for deciding whether public officials were acting in their personal capacity when blocking critics or engaged in a "state action." Conservative Justice Samuel Alito cited a hypothetical town manager who puts a municipal seal on his own social media page and tells citizens to express their views. Under this test, Mooppan argued, the social media activity of his clients was not governmental. Some justices asked whether requiring public officials to include disclaimers on their personal pages making clear their social media activity is not governmental would help disentangle their private and public capacities.

Persons: Samuel Alito, Alito, Hashim Mooppan, Mooppan, Elena Kagan, Donald Trump, " Kagan, Evelyn Hockstein, Trump, Joe Biden's, Michelle O'Connor, Ratcliff, T.J, Zane, Christopher, Kimberly Garnier, Kevin Lindke, James Freed, Freed, Ketanji Brown Jackson, Brett Kavanaugh, Victoria Ferres, Ferres, John Kruzel, Andrew Chung, Will Dunham Organizations: WASHINGTON, U.S, Supreme, Twitter, Facebook, Conservative, Liberal, REUTERS, Poway Unified School District, Circuit, Appeals, City, Thomson Locations: California, Michigan, Poway , California, Port Huron, Washington , U.S, San Francisco, Cincinnati, New York

The Authority of Law statue is seen outside the U.S. Supreme Court at the start of the new term in Washington, U.S., October 2, 2023. The Supreme Court is tasked with deciding whether the public officials engaged in a "state action" in blocking critics from social media accounts or were merely acting in their personal capacity. The justices also are due to decide other important cases involving speech on social media during their current nine-month term. One involves a challenge to Republican-backed state laws limiting the ability of social media platforms to remove or moderate content deemed objectionable or misinformation. Circuit Court of Appeals agreed, ruling that Zane and O'Connor-Ratcliff had presented their social media accounts as "channels of communication with the public" about school board business.

Persons: Evelyn Hockstein, Joe Biden's, Donald Trump's, Michelle O'Connor, Ratcliff, T.J, Zane, Christopher, Kimberly Garnier, O'Connor, Kevin Lindke, James Freed, Lindke, Freed, John Kruzel, Andrew Chung, Will Dunham Organizations: U.S, Supreme, REUTERS, WASHINGTON, Twitter, Facebook, Meta, Republican, Poway Unified School District, Circuit, Appeals, City, Thomson Locations: Washington , U.S, California, Michigan, Poway , California, Port Huron, Francisco, Cincinnati, New York

☆ Hedge Fund Two Sigma Is Hit by Trading Scandal
▼ + stars: | 2023-10-29 | by ( Gregory Zuckerman | Juliet Chung | ) www.wsj.com time to read: 1 min

Two Sigma, co-founded by David Siegel, is attracting fresh regulatory scrutiny. Photo: Jeenah Moon/Bloomberg NewsA researcher at Two Sigma Investments adjusted the hedge fund’s investing models without authorization, the firm has told clients, leading to losses in some funds, big gains in others and fresh regulatory scrutiny. The researcher, Jian Wu, a senior vice president at New York-based Two Sigma, was trying to boost his compensation, Two Sigma has told clients, without identifying Wu. He made changes over the past year that resulted in a total of $620 million in unexpected gains and losses, according to people close to the matter and investor letters. Two Sigma has placed Wu on administrative leave.

Persons: David Siegel, Jian Wu, Wu Organizations: Sigma, Bloomberg, Sigma Investments Locations: New York

☆ South Korea: Itaewon crush haunts survivors one year after Halloween crowd disaster
▼ + stars: | 2023-10-27 | by ( Heather Chen | ) edition.cnn.com time to read: +9 min

CNN —Hye Minyi can still vividly recall what happened in Itaewon, South Korea, on the night of October 29, 2022. Whether the disaster in Itaewon last year will put a dent in this growing popularity is yet to be seen. “We are extremely concerned that there could be a repeat of the Itaewon tragedy,” said Shibuya mayor Ken Hasebe. The Itaewon crowd crush was South Korea’s worst peacetime disaster since the sinking of a ferry in 2014 killed 304 people – among them 250 students and teachers from the Danwon State High School. Lee is certain of one thing, however – that she is “never going back to the area again.”“For me, Halloween and the Itaewon tragedy are (inextricably) linked,” she said.

Persons: CNN — Hye, Amy, Hye, ” Hye, ”, “, Anthony Wallace, expats, Ken Hasebe, Hasebe, ” Hasebe, overtourism, Yuya Shino, Critics, Jung Yeon, Yoon Suk, Kim Kun, Chung Sung, Lee, Kim Ho, Lee Sang Organizations: CNN, Getty, “, Reuters, Danwon State High School, South Korean, Seoul Metropolitan Government, South, City, Facebook, Interior, Safety Locations: Itaewon, South Korea, Seoul, AFP, Asia, Tokyo, Taipei, Hong Kong, Shanghai, Singapore, Japan, Shibuya, “, Tokyo's Shibuya, Guangzhou, China, South, Danwon, Yongsan

Seoul, South Korea CNN —When fighting broke out in Kang Hyeon-joo’s elementary school classroom, her heart would beat so fast she could not breathe and her vision would blur. Tens of thousands of teachers have been protesting in recent months, calling for more protection from students and parents. But we couldn’t do anything, if we teach them, we could be accused,” said Ahn Ji-hye, an elementary school teacher who helped organize previous protests. Mourners lay flowers in front of a memorial altar for an elementary school teacher who died in an apparent suicide in July at an elementary school in Seoul on September 4, 2023. South Korea’s education minister Lee Ju-ho initially warned teachers that a mass strike would be an illegal act.

Persons: Kang Hyeon, ”, Kang, ” Kang, Charles Miller, Sung Youl, kwan, “, Ahn Ji, Ahn, Jung Yeon, Lee Ju, Sung, Chung Sung, –, ” Sung Organizations: Lifeline, South Korea CNN, CNN, Police, Kyung Hee University, “, Getty, National Assembly, Child Welfare, ”, Federation of Teachers ’ Labor Union Locations: Seoul, South Korea, Korean

[1/2] U.S. Supreme Court Associate Justice Clarence Thomas poses during a group portrait at the Supreme Court in Washington, U.S., October 7, 2022. Durbin said the "undisclosed, forgiven" loan demonstrates the need for a binding code of conduct for the court. The documents showed that Welters forgave the loan in 2008, according to the findings. The Senate Judiciary Committee in July approved a Democratic-backed bill that would mandate a binding ethics code for the justices. Thomas and Welters did not immediately respond to requests for comment.

Persons: Clarence Thomas, Evelyn Hockstein, Thomas, Anthony Welters, Dick Durbin, Durbin, Welters, Ron Wyden, Elliot Berke, Berke, Harlan Crow, Steven Lubet, Lubet, Stephen Gillers, Andrew Chung, John Kruzel, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Welters, Democratic, hobnobbing, Senate, New York Times, Texas, Crow, Northwestern University, New York University, Thomson Locations: Washington , U.S, New York, Washington

☆ Elite Universities Face Donor Revolt Over Mideast Conflict
▼ + stars: | 2023-10-24 | by ( Rachel Louise Ensign | Juliet Chung | ) www.wsj.com time to read: 1 min

David Magerman was in Israel celebrating a holiday by dancing with a Torah in synagogue when Hamas attacked the country earlier this month. When his alma mater, the University of Pennsylvania, put out a statement a few days later that called the assault “horrific” but didn’t explicitly condemn Hamas, he was incensed. Magerman, a hedge-fund veteran turned venture capitalist who has donated millions to the school, has since cut his ties with Penn. “I was just pushed over the edge by the equivocation of the response,” he said.

Persons: David Magerman, didn’t, Magerman, “, ” Organizations: University of Pennsylvania, Penn Locations: Israel

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