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☆ Twitter exec who took court action over Elon Musk's 'hardcore' stay-or-go ultimatum has now left the company, report says
▼ + stars: | 2022-12-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

A Twitter executive who took court action over Elon Musk's "hardcore" deadline has left the company. Sinead McSweeney, who was Twitter's public policy VP, left her role on Thursday, Reuters reported. The latest Twitter layoffs, which began on Wednesday, affected half of Twitter's public policy team, according to messages seen by Insider's Kali Hays. In November, McSweeney secured a temporary injunction from an Irish court to keep her job after she failed to respond to Elon Musk's "hardcore" ultimatum. Earlier this month Twitter told an Irish court it had reinstated McSweeney as public policy VP.

☆ Oberlin College pays $36 million to Ohio bakery after its owner accused the school of refusing to pay penalty in defamation suit
▼ + stars: | 2022-12-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Gibson's Bakery won a defamation lawsuit against Oberlin College in 2019, but claimed the school wouldn't pay in September 2022. An attorney for the Gibsons told Insider the family has since received the funds. An attorney on the Gibsons' legal team told Insider that Oberlin has since delivered the money. He added: "At this time, there has not been a rekindling of the previous business relationship with Oberlin College. However, Lorna is willing to welcome Oberlin College back."

Since the early days of the invasion, Mr. Putin has conceded, privately, that the war has not gone as planned. “I think he is sincerely willing” to compromise with Russia, Mr. Putin said of Mr. Zelensky in 2019. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. To join in Mr. Putin’s war, he has recruited prisoners, trashed the Russian military and competed with it for weapons. “I think this war is Putin’s grave.” Yevgeny Nuzhin, 55, a Russian prisoner of war held by Ukraine, in October.

☆ 'Avatar' sequel earns film critics' praise for visual spectacle
▼ + stars: | 2022-12-13 | by ( Lisa Richwine | ) www.reuters.com time to read: +2 min

[1/2] Fans attend a premiere for the film Avatar: The Way of Water, at Dolby theatre in Los Angeles, California, U.S., December 12, 2022. REUTERS/Mario AnzuoniLOS ANGELES, Dec 13 (Reuters) - The long-awaited sequel to groundbreaking movie "Avatar" won praise on Tuesday from movie critics who said they were awed again by director James Cameron's visual artistry. The sequel offers more advanced 3D images, showcasing aquatic creatures on the lush moon of Pandora. "'Avatar: The Way of Water' is such a screen-popping visual feast it earns the 3-hour, 12-minute running time," said Richard Roeper of the Chicago Sun-Times. Studios split ticket sales with theaters, and Cameron told GQ magazine that "The Way of Water" will need to make $2 billion just to break even.

German-style Christmas markets crop up all over the world this time of year. For me, a visit to a Christmas market is an essential part of the festive season. Whether with family, friends, or colleagues, a Christmas market and a few glasses of mulled wine always hit the spot. I visited the "Weihnachten an der Spree," or Christmas on the Spree, all-inclusive Christmas market in Berlin, Germany, to see if it was worth it. So if, like me, you like to stroll through Christmas markets and look at stalls full of handcrafted objects, decorations, and other knickknacks, you'll be disappointed.

☆ Strong returns could be hard to find in 2023. How to prep your portfolio and generate income
▼ + stars: | 2022-12-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Wall Street is warning of a stormy start to 2023 , but investors should prepare to find pockets of opportunity and ensure their portfolio is running efficiently. Bond prices have tumbled alongside stocks, such that even the iShares Core Growth Allocation ETF – which is based on a 60/40 split between equities and fixed income – has dropped nearly 15%. Higher yields on fixed income The silver lining of the Federal Reserve's interest rate hiking campaign is the rising yield investors can find on even the most boring fixed income offerings. Meanwhile, Series I savings bonds that are issued from Nov. 1 to April 30, 2023 have a current interest rate of 6.89%. Short-term Treasurys are another attractive option for your fixed income sleeve.

☆ Tankers seen heading to Russia as oil price cap goes into effect on exports
▼ + stars: | 2022-12-05 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +1 min

Two tankers were heading to Russia on Monday expecting to be filled with Russian crude as a price cap on its oil exports from a coalition of Western countries went into affect. On Friday, the European Union agreed to cap Russian seaborne oil prices at $60 a barrel, aiming to limit Moscow's revenues and curb its ability to finance its invasion of Ukraine. Russian President Vladimir Putin and high-ranking Kremlin officials have repeatedly said that they will not supply oil to countries that implement the price cap. But while Russia is moving forward on its vow to not sell its oil to countries that implement the price cap, it is not being deterred in finding buyers for its oil. The G7 price cap will allow non-EU countries to continue importing seaborne Russian crude oil, but it has to be sold for less than the price cap.

The Biden administration called them “shortsighted” and said they would hurt low- and middle-income countries by pushing energy prices higher. Europe’s ban on importing oil from Russia shipped by sea kicks in on Monday, injecting extra uncertainty into the outlook for energy supply. G7 nations, the European Union and Australia agreed Friday to impose a price cap of $60 a barrel on Russian oil shipped to other countries that have not adopted an embargo. The move, which also takes effect Monday, is aimed at depriving the Kremlin of revenue while avoiding a price shock by keeping Russian oil flowing to some markets. Moscow has previously threatened to retaliate by cutting off oil supply to countries that adhere to the price cap.

☆ OPEC sticks with oil supply cuts as West tightens sanctions on Russia
▼ + stars: | 2022-12-04 | by ( Julia Horowitz | ) edition.cnn.com time to read: +2 min

☆ Russia: price cap is 'dangerous' and will not curb demand for our oil
▼ + stars: | 2022-12-03 | by ( ) www.reuters.com time to read: +1 min

Dec 3 (Reuters) - Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a "dangerous" attempt by Western governments to introduce a price cap on its oil exports. A coalition of Western countries led by the G7 group of nations agreed on Friday to cap the price of Russian seaborne oil at $60 a barrel, as they aim to limit Moscow's revenues and curb its ability to finance its invasion of Ukraine. Russian President Vladimir Putin and high-ranking Kremlin officials have repeatedly said that they will not supply oil to countries that implement the price cap. "Regardless of the current flirtations with the dangerous and illegitimate instrument, we are confident that Russian oil will continue to be in demand." The G7 price cap will allow non-EU countries to continue importing seaborne Russian crude oil, but it will prohibit shipping, insurance and re-insurance companies from handling cargoes of Russian crude around the globe, unless it is sold for less than the price cap.

☆ Twitter says it's reinstated an exec who says she was effectively dismissed after she didn't respond to Elon Musk's 'hardcore' ultimatum
▼ + stars: | 2022-12-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Twitter exec Sinéad McSweeney said she was effectively dismissed for failing to respond to Elon Musk's "hardcore" ultimatum. The company told an Irish court it has reinstated McSweeney as its global VP for public policy. McSweeney said she didn't respond to the email due to confusion around her contract, The Irish Times reported. McSweeney said she didn't respond because of confusion related to her contract of employment, The Irish Times reported. Lawyers for both Twitter and McSweeney didn't immediately respond to Insider's request for comment on whether McSweeney had regained access.

☆ Russia's war on Ukraine latest news: Power, heat still in short supply
▼ + stars: | 2022-11-27 | by ( ) www.reuters.com time to read: +1 min

CONFLICT* The Dnipropetrovsk region was hit by five Russian attacks from multiple rocket launchers and heavy artillery, said Governor Valentyn Reznichenko. * At least 32 people in the southern Ukrainian region of Kherson have been killed by Russian shelling since pro-Moscow forces pulled out two weeks ago, the head of Ukraine's police said. [1/4] A view shows the city without electricity after critical civil infrastructure was hit by Russian missile attacks, amid Russia's invasion of Ukraine, in Kyiv, Ukraine November 23, 2022. REUTERS/Vladyslav Sodel/ 1 2 3 4* Ukraine accused the Kremlin of reviving the "genocidal" tactics of Josef Stalin as Kyiv commemorated a Soviet-era famine that killed millions of Ukrainians in the winter of 1932-33. GRAIN SUMMIT* Ukrainian President Volodymyr Zelenskiy hosted a summit in Kyiv to promote its "Grain from Ukraine" initiative to export grain to countries most vulnerable to famine and drought.

☆ A Twitter executive has won a court injunction stopping Elon Musk from firing her, report says
▼ + stars: | 2022-11-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Sinead McSweeney didn't resign but was locked out from company systems, the Irish Times reported. McSweeney said she was "unable to work" or get into the Dublin office and had to seek an injunction. A High Court judge granted McSweeney a temporary injunction on Friday to stop Twitter from terminating her contract and applying Musk's conditions from the ultimatum email to her employment status. The Twitter executive was left humiliated and upset after being locked out of Twitter's systems, email and the Dublin office. Lawyers representing McSweeney wrote to Twitter, which accepted that she didn't plan to resign, according to the report.

"We are talking with our allies about how to handle Poland's ... suggestion," a German government spokesperson told reporters in Berlin. Berlin offered Warsaw the Patriot system to help secure its airspace after a stray missile crashed and killed two people in Poland last week. Polish Defence Minister Mariusz Blaszczak later asked Germany to send the fire units to Ukraine instead. Stoltenberg's comments came after German Defence Minister Christine Lambrecht on Thursday said sharing Germany's Patriot units outside NATO territory would require prior discussions with NATO and the allies. Duda later said that Germany could send the Patriot units to Ukraine without NATO troops to operate them, something he says Kyiv has been asking for for a while.

☆ Kremlin guards could be controlled by enemies with 'hypnotic abilities,' according to secret memo from Russia's intelligence agency: report
▼ + stars: | 2022-11-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

A leaked memo describes Kremlin's fears that its guards could be hypnotized, The Insider reported. The memo proposes a plan overseen by a top security official to prepare against such attacks. The leaked memo contains details that could have easily come from the plot of Marvel's "Captain America: The Winter Soldier" — with everything from theories that soldiers could be hypnotized, to efforts to prevent infection by "psycho-generators." The memo mentions enemies "capable of psychologically infecting personnel and possessing hypnotic abilities," without saying who these individuals are, according to The Insider. The Russian government's press service and Federal Protective Service did not respond to Insider's requests for a comment.

☆ German Patriot air defence units intended for NATO territory, Berlin tells Warsaw
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +2 min

BERLIN, Nov 24 (Reuters) - Berlin made it clear on Thursday that the Patriot air defence units it offered to Poland are intended for use on NATO territory, countering demands by Warsaw for the system to be sent to Ukraine. "These Patriots are part of NATO's integrated air defence, meaning they are intended to be deployed on NATO territory," German Defence Minister Christine Lambrecht said in Berlin. "Any use outside NATO territory would require prior discussions with NATO and the allies," she added. Berlin offered Warsaw the Patriot missile defence system to help secure its airspace after a stray missile crashed and killed two people in Poland last week. Today, the German forces are down to 12 Patriot units, two of which are deployed to Slovakia.

Doha has faced mounting criticism, mostly from Europe, over its treatment of foreign workers and LGBT rights ahead of the World Cup that began on Sunday. It has denied discrimination and pointed to labour reforms, while organisers previously denied allegations of bribery to win hosting rights. In October his office summoned the German ambassador to object over critical comments by Germany's interior minister. The QatarEnergy boss said Habeck had never voiced such criticism of Qatar to him directly. The German minister, who is responsible for Berlin's energy portfolio, was in Doha in March and had said that long-term energy partnerships were being negotiated.

☆ 'There is no such thing as a free lunch.' 4 lessons for crypto investors from the FTX collapse
▼ + stars: | 2022-11-20 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +4 min

Bahamas-based crypto exchange FTX filed for bankruptcy in the U.S. on Nov. 11, 2022, seeking court protection as it looks for a way to return money to users. "I think the collapse of FTX will end up being good for traditional finance companies like Fidelity who are entering the crypto space, because they come with a certain level of trust," Lum said. Earlier this month, Fidelity Investments announced plans to launch a commission-free crypto product, allowing investors to buy and sell bitcoin and ether. The FTX collapse has also renewed interest in cold storage, or taking digital currency offline, making it less susceptible to hacks. The [FTX] collapse should be a lesson that any individual company — be it a crypto exchange or more traditional business — can go bankrupt in times of distress.

Nov 14 (Reuters) - Squire Patton Boggs on Monday said it will open an office in Dublin next year, becoming the latest international law firm to expand into Ireland. Agnew was a founding partner of Pinsent Masons' Dublin office. A Squire Patton Boggs spokesperson said the firm is currently looking at space in Dublin's central business district. Agnew said in an email that the exact timing of his departure from Pinsent Masons "has still to be agreed." Squire Patton Boggs was created in 2014 by the merger of Washington, D.C.-founded Patton Boggs and Cleveland-founded Squire Sanders.

☆ President Biden says Elon Musk's relationships with other countries are worth looking into
▼ + stars: | 2022-11-09 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

In this article TSLATWTR Follow your favorite stocks CREATE FREE ACCOUNTJoe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty ImagesAsked on Wednesday whether Tesla , SpaceX and Twitter CEO Elon Musk posed a threat to national security, President Joe Biden said that the centi-billionaire's "relationships with other countries is worthy of being looked at." Biden said, "Elon Musk's cooperation and/or technical relationships with other countries is worthy of being looked at. Throughout 2022, Musk has accused the President of ignoring his electric vehicle venture, Tesla, despite its success, and favoring legacy automakers and their unions. The kingdom of Qatar also participated in Musk's Twitter deal. The Ukrainian government, which generally praises SpaceX and Musk, is now looking for alternatives to Starlink, Vice Prime Minister Mykhailo Fedorov said last Thursday.

☆ Despite some complaints, 'Black Panther' sequel receives rave reviews
▼ + stars: | 2022-11-08 | by ( Danielle Broadway | ) www.reuters.com time to read: +2 min

Nov 8 (Reuters) - The highly anticipated sequel to Disney's “Black Panther,” “Black Panther: Wakanda Forever” has received glowing reviews from the majority of critics. The film, which arrives in theaters on Friday, scored a 94% positive rating on Rotten Tomatoes, with only five out of 81 critics rating the film as rotten. There is a new Black Panther, and they will figure into the future of this universe. “'Black Panther: Wakanda Forever' is by far the best film in phase 4 of the Marvel Cinematic Universe. The sad reality is that the show must go on, and without (Chadwick Boseman), it’s just more of the same.

☆ Carbon-accounting startup Planetly was shut down and all 200 staff laid off just a year after acquisition. Insiders say it's a bad omen for 2023.
▼ + stars: | 2022-11-08 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

European carbon accounting companies lured $670 million in venture capital last year, as investors banked on growing appetite from corporates to bolster their ESG credentials. The slowdown means 2023 will be the toughest year since the Lehman Brothers collapse for potential closures of acquired companies, the source said. Still, carbon accounting companies are struggling with commercial traction due to market saturation and little differentiation, he said. "But if you acquire a carbon accounting software solution, you are probably a large organisation that has established customer relationships and had conversations about this before. European industry sources added that they expect further consolidation in the carbon accounting space.

☆ Biden's national security advisor held secret talks with Russia warning against using nukes in Ukraine: WSJ
▼ + stars: | 2022-11-07 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Biden's National Security Advisor held talks with Kremlin officials, per The Wall Street Journal. Jake Sullivan warned Russia against using nuclear weapons in Ukraine, its report said. Concerns are growing that Russia could use nuclear weapons as it struggles on the battlefield. The talks came amid concerns that Russia could resort to the use of tactical nuclear weapons in Ukraine, following a series of setbacks on the battlefield. The New York Times reported last week that Russian military leaders had discussed using them.

☆ Moody's downgrades outlook for banks in Germany, Italy and elsewhere
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +1 min

FRANKFURT, Nov 2 (Reuters) - The ratings agency Moody's said on Wednesday that it had downgraded the outlook for banks in Germany, Italy and four other countries to "negative" from "stable" as the energy crisis and high inflation weaken economies. "We expect operating conditions to deteriorate further," Louise Welin of Moody's said. European banks' shares (.SX7e) have fallen nearly 25% from their highs before Russia invaded Ukraine earlier this year. Moody's said it expected weaker bank loan quality, profitability and access to funding. The outlook for British and Austrian banks remained stable, Moody's said.

Some of Europe's largest banks have warned of growing risks as the economy fizzles after posting stronger-than-expected profits last week. European banks' shares (.SX7e) have fallen nearly 25% from their highs before Russia invaded Ukraine in February. The outlook for British and Austrian banks remained stable, Moody's said. For Italy, Moody's cited stagflation risks and an expectation that the economy won't grow in 2023 after an expansion of 2.7% in 2022. In Poland, Moody's said banks face a near stagnation in economic growth next year, coupled with a big rise in interest rates and inflation, which will "limit growth opportunities".

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