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☆ Take Five: An uneasy calm
▼ + stars: | 2023-04-06 | by ( ) www.reuters.com time to read: +5 min

Kazuo Ueda takes over the helm at the Bank of Japan while U.S. bank earnings kick off and Switzerland's parliament debates the UBS-Credit Suisse tie up. 1/ BANKS' BOTTOM LINESThe uneasy calm that has settled over the U.S. banking sector after the collapse of Silicon Valley Bank will be tested as U.S. financials kick off their earnings season. S&P 500 earnings are predicted to fall 5.0%, I/B/E/S data from Refinitiv showed. Reuters Graphics5/ SPRING MEETINGSPolicymakers and investors head to Washington for the World Bank and International Monetary Fund Spring meetings starting on Monday. It will be the first meeting for Ajay Banga, U.S. nominee to run the World Bank and sole contender for the job.

☆ How you could save thousands on an electric car, even without tax credits
▼ + stars: | 2023-04-06 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Not very many electric cars are expected to qualify for the EV tax credits as new rules set in. It will take time for car companies to prepare their EVs and supply chains in order to qualify. Automakers, who are pouring billions of dollars into making their product lineups electric, can't afford for their customers to not go EV. Lucid has already offered customers $7,500 off certain trims of its vehicles, which do not qualify for the federal tax credits by requirements around sticker price alone. GM isn't anticipating turning a profit on electric cars until 2025.

☆ Stormy Daniels mocks Trump, saying she'd rather be under her 'sexy man' than 'under arrest'
▼ + stars: | 2023-04-05 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Stormy Daniels celebrated former President Donald Trump's arrest on Tuesday. "It's definitely more fun being under my sexy man instead of under arrest," she wrote in her tweet. Daniels says she had an affair with Trump in 2006, a year after he married Melania Trump. Donald Trump has denied the affair. Representatives for Trump and Daniels did not immediately respond to Insider's requests for comment sent outside regular business hours.

☆ Think it's too late to switch jobs? Tell that to 'Asia's best female chef'
▼ + stars: | 2023-04-05 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Johanne Siy is head chef at one of Singapore's premier dining destinations, Lolla — where Asian-inspired modern European flavors dominate the menu. Ten years on, Siy is now head chef at one of Singapore's premier dining destinations, Lolla — where Asian-inspired modern European flavors dominate the menu. Just last week, she was named "Asia's Best Female Chef" at Asia's 50 Best Restaurants 2023 — the first Singapore-based chef to win. Johanne Siy Chef, Lolla"I was just so excited to be in the kitchen. She then built up an impressive resume with stints in New York, Sweden and Denmark before stepping into the role of head chef at Lolla.

☆ What went wrong at Virgin Orbit? 4 red flags signaled trouble for Richard Branson's satellite launch firm.
▼ + stars: | 2023-04-04 | by ( Kate Duffy | ) www.businessinsider.com time to read: +5 min

Richard Branson's Virgin Orbit struggled to make a comeback after a failed launch in January. Unlike SpaceX, Virgin Orbit blasts its LauncherOne rocket into space with the help of a modified Virgin Atlantic Boeing 747 called Cosmic Girl. This funding "was not enough to counter the strong headwinds and liquidity challenges Virgin Orbit continues to face," the spokesperson added. Ultimately, Virgin Orbit has been unable to reach the rate of launches needed to meet the required revenue, per CNBC. Funding issuesSince the failed UK launch, Virgin Orbit has attempted to rake in funding from investors, per reports.

☆ I'm a drag queen in Tennessee and scared the new law banning cabaret performances will hurt the drag community and leave me without a steady income
▼ + stars: | 2023-04-01 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

Bella DuBalle, a Memphis-based drag queen, said this law will hurt both her and small businesses. DuBalle has been doing drag for a decade and working as a full-time drag queen in nightclubs and other venues for three years. However, a new law in Tennessee that takes effect on April 1 threatens her business and that of fellow drag performers in the community. DuBalle believes the law will harm the income and livelihoods of both drag performances and the local businesses that feature them. Building a full-time career took perseveranceBella DuBalle has been a full-time drag queen for three years.

☆ Why is the Trump 'hush-money' grand jury taking so @#$%& long? Wrong question, experts say.
▼ + stars: | 2023-03-26 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

An uncanny lack of secrecy surrounds the secret Trump 'hush money' grand jury now underway in NY. Grand jury witnesses, lawyers, and Trump himself are shouting about each other on TV and online. The right question may be, "Why is this supposedly secret grand jury such a honking, spotlit spectacle?" On Friday, an envelope of white powder was sent to Bragg at the office building where the grand jury sits. The grand jury was not there that day, and the powder proved non-hazardous.

☆ Sunlight in your bedroom could become a luxury as cities debate allowing landlords to rent windowless rooms in former office buildings to alleviate the housing crisis
▼ + stars: | 2023-03-25 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Housing advocates are debating whether windowless bedrooms are the solution to the housing crisis. Enter windowless bedrooms. Journalist Matt Yglesias argued last year that windowless bedrooms would "save downtowns" by facilitating the mass retrofitting of office buildings into apartments. Supporters argue that building apartments with windowless bedrooms could both help alleviate the severe housing shortage and affordability crisis and repopulate urban business districts. But in recent years, windowless bedrooms have become somewhat normalized on college campuses.

☆ Making TikTok illegal in the U.S. is a 'slippery slope,' says identity verification services firm
▼ + stars: | 2023-03-24 | 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 EmailMaking TikTok illegal in the U.S. is a 'slippery slope,' says identity verification services firmPhillip Shoemaker of Identity.com says it "smacks of xenophobia."

☆ As John Fetterman heals, his Senate staff soldiers on with the help of veteran lawmakers and crisis bonding: 'We all have each other's back'
▼ + stars: | 2023-03-20 | by ( Warren Rojas | ) www.businessinsider.com time to read: +9 min

Sen. John Fetterman has been hospitalized for clinical depression since February 15. Casey is coordinating with Fetterman staff on constituent services issues and legislative priorities, according to recent reports, but doesn't call Fetterman directly so as not to disturb his ongoing recovery. Some of the others working hard to meet that internal standard include legislative assistant Madeleine Marr, a former aide to Democratic Sen. Maggie Hassan of New Hampshire. Conservative commentator Stephen L. Miller has been more blunt, accusing Fetterman's staff of unduly wielding power in his absence. "John Fetterman's chief of staff is not an elected senator," Miller wrote in an op-ed run by the Delaware Valley Journal.

☆ Stormy Daniels is tweeting up a storm with zinger after zinger about Donald Trump ahead of a possible indictment in New York
▼ + stars: | 2023-03-20 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Stormy Daniels posted snarky tweets about Donald Trump ahead of his possible indictment in New York. Trump could be indicted in New York over hush money payments to Daniels. Daniels, a self-described porn star, is at the center of the hush money payments investigation that may lead to a Trump indictment in New York in the coming days. Manhattan District Attorney Alvin Bragg is currently investigating if Trump violated New York election and document laws by giving Daniels $130,000 in hush money payments to keep quiet about an affair. Daniels' lawyer and a spokesman for Trump did not immediately respond to Insider's requests for comment sent outside regular business hours.

☆ Tesla's price war is starting to backfire
▼ + stars: | 2023-03-14 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

"Tesla's price cuts started a broader round of industry price reductions," Morgan Stanley auto analyst Adam Jonas said in a note to clients on March 10. Its biggest competition there, BYD (whose stock has declined since the price war began), has also introduced discounts. "April is now the crunch to put a pause in the price war," the analysts said. But some automakers, like GM and Volkswagen, opted not to engage in the price war. "We gauge a full-blown price war would urge consumers to stay sidelined and await more promotions/discounts to come."

☆ Sen. Mike Braun: Here's why ESG funds are a slippery slope
▼ + stars: | 2023-03-03 | 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 EmailSen. Mike Braun: Here's why ESG funds are a slippery slopeSen. Mike Braun (R-Ind.) joins 'Squawk Box' to discuss the critiques around the recent bill from Congress against ESG business practices, how this bill would play out in real-time, and more.

☆ House panel to vote on bill empowering Biden to ban TikTok
▼ + stars: | 2023-02-28 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

The legislation — introduced Friday and fast-tracked by Foreign Affairs Committee Chairman Mike McCaul — would empower the Biden administration to impose a nationwide TikTok ban under the International Emergency Economic Powers Act (IEEPA). Legal experts and even some TikTok creators have cited the Berman Amendment as a potential barrier to a nationwide TikTok ban because it may violate the Berman Amendment’s protections for electronic information. US officials have said that the data could benefit China by facilitating targeted misinformation campaigns or by providing it with intelligence targets. In seeking to restrict access to a specific social media platform, the bill risks violating Americans’ First Amendment rights to free expression, the ACLU said. “Would an entity be under the influence of China if the CEO’s sister had moved there, or married a Chinese person?

At its latest meeting, the Fed laced its statement and minutes with a rider about cumulative tightening and uncertain lags. The gist of the argument is that the Fed doesn't deliver credit directly to the wider economy - banks and financial markets do. But few seem to doubt that these policy lags have shortened considerably over the decades. Showcasing the study in December, San Francisco Fed chief Mary Daly adopted a more dovish slant on the gap between the funds rate and tightening financial markets. "But investors should remain attentive to the occasional episodic disconnects observed between Fed guidance and some prominent indices of financial conditions," Clarida told clients.

☆ Massive snowstorm closes schools, grounds flights in U.S. heartland
▼ + stars: | 2023-02-22 | by ( Brendan O'Brien | ) www.reuters.com time to read: +3 min

The storm hit California on Tuesday and was expected to continue through the end of the week. In Central California, the weather iced over roadways, the weather service reported. More than 100,000 homes and businesses were without power, largely in Central California, according to the tracking site Poweroutage.us. Among the hardest-hit cities was Minneapolis, where some 20 inches (50 cm) of snow and 45-mph (72-kph) winds were expected to create whiteouts. The storm wreaked havoc on morning air travel as hundreds of flights were delayed or canceled across the nation.

☆ Starbucks’ new drinks have a spoonful of olive oil in every cup
▼ + stars: | 2023-02-21 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +9 min

There’s an Oleato latte with oat milk and olive oil, an Oleato ice shaken espresso with oat milk, hazelnut flavor and olive oil, and the Oleato golden foam cold brew, made with a version of Starbucks’ sweet milk foam infused with two olive oil servings. Starbucks Oleato drinks are made with exra virgin olive oil. Coming full circleLast year Schultz met olive oil producer Tommaso Asaro, who introduced him to the practice of consuming a tablespoon of olive oil each day. “He thought it was a little strange.” Asaro is the chairman of United Olive Oil, through which Starbucks is sourcing its olive oil. Howard Schultz and Tommaso Asaro, chairman of United Olive Oil, which produces the Partanna olive oil that Starbucks is using for Oleato.

☆ 10 ways to stop self-sabotaging behaviors that cost you time, money, and happiness
▼ + stars: | 2023-02-21 | by ( John Rampton | ) www.businessinsider.com time to read: +20 min

Self-sabotage habits aren't easy to avoid, but they're essential to growing up healthy. However, identifying negative habits needs to be a priority. What causes self-sabotaging behavior? We may even model negative habits.. Self-sabotage can be influenced by growing up in a dysfunctional family. Make a plan — then follow throughYou'll need to come up with a plan for how you'll break negative behavior patterns.

☆ Ukraine yet to make defence a safe investor haven
▼ + stars: | 2023-02-20 | by ( Lisa Jucca | ) www.reuters.com time to read: +6 min

MUNICH, Feb 20 (Reuters Breakingviews) - The West’s rush to supply weapons to war-torn Ukraine looks like a golden opportunity for defence companies to exit the ESG doghouse. As with air-polluting coal, socially-minded investors including pension funds and insurers - particularly European ones - have long excluded or heavily restricted investment in defence companies on ethical grounds. Risk committees, particularly at domestic banks, are now more frequently assessing the merits of financing defence companies, two senior bankers among the 850 or so conference participants said. Proponents of the approach argue military companies that help Ukraine perform a globally valuable social function by upholding democracy. The Munich Security Index, a global risk perceptions survey conducted before the conference, showed security concerns had replaced climate challenges as the top concern.

☆ I tried 25 of Trader Joe's award-winning foods, and would buy at least 21 of them again
▼ + stars: | 2023-02-07 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +42 min

I hit up my local Trader Joe's and bought as many award-winning foods as I could to see which ones deserved their hype. In other words, I agree with the many customers who have dubbed this their favorite Trader Joe's snack. As long as I live within reasonable driving distance of a Trader Joe's, I will continue to buy this loaf. Trader Joe's butter chicken with basmati rice is a satisfyingly spicy comfort meal for oneTrader Joe's butter chicken with basmati rice had a delicious sauce. Trader Joe's cheddar with caramelized onions offers a memorable balance of savory, salty, and sweetThe cheddar smelled like caramelized onions.

Persons: —, Monterey Jack, burrito, Savanna, Wilson, didn't, I've, It's, Joe's, I'm, they're, chorizo, I'd, Butter, they'd, Joe's cashiers, who's, fryer, Swain Wilson Organizations: Service, of Fame, Business, I'd, Wilson, panini Locations: Monterey, Monterey Jack, skillet, Savanna, Peru, treacly, San Francisco

☆ Analysis: Swiss neutrality on the line as arms-for-Ukraine debate heats up
▼ + stars: | 2023-02-06 | by ( John Revill | ) www.reuters.com time to read: +5 min

Buyers of Swiss arms are legally prevented from re-exporting them, a restriction that some representing the country's large weapons industry say is now hurting trade. Under Swiss neutrality, which dates back to 1815 and is enshrined by treaty in 1907, Switzerland will not send weapons directly or indirectly to combatants in a war. Third countries can in theory apply to Bern to re-export Swiss weapons they have in their stocks, but permission is almost always denied. Meanwhile the right-wing Swiss People's Party (SVP), the lower house's largest party and traditionally staunch defenders of neutrality, now appears divided. ($1 = 0.9132 Swiss francs)Reporting by John Revill; editing by John Stonestreet and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ Hyundai's sleek new electric car brings Tesla-beating range in a futuristic package
▼ + stars: | 2023-02-03 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

The Hyundai Ioniq 6 sedan brings streamlined looks and impressive driving range. It can drive 361 miles before needing to charge up, the EPA recently said. This week, the EPA granted the Ioniq 6 a stellar range estimate of up to 361 miles, three miles more than Tesla's uber-successful Model 3. The Hyundai Ioniq 6. The base, rear-wheel-drive Model 3 serves up 272 miles of EPA range.

Dangerous wind chills were likely in an area stretching from northern Pennsylvania to Maine starting early on Friday and through Saturday evening, the National Weather Service said in its forecast. "The wind chills have the potentially to be once-in-a- generation cold," the weather service said, urging people to either stay indoors or take precautions against frostbite and hypothermia. The wind chill factor describes the combined effect of wind and cold temperatures on exposed skin. In New Hampshire's Mount Washington State Park, atop the Northeast's highest peak, record-breaking wind chills of -110 degrees and wind speeds topping 100 miles (160 km) per hour were expected. Boston Mayor Michelle Wu declared a cold emergency for New England's biggest city for Friday through Sunday, as the city is expecting below-zero wind chills starting Friday.

☆ You Don’t Have to Be Complicit in Our Culture of Destruction
▼ + stars: | 2023-01-30 | by ( David Marchese | ) www.nytimes.com time to read: +12 min

Photo illustration by Bráulio Amado Talk You Don’t Have to Be Complicit in Our Culture of Destruction“People feel a kind of longing for a belonging to the natural world,” says the author and scientist Robin Wall Kimmerer. I am deeply aware of the fact that my view of the natural world is colored by my home place. But I don’t think that’s the same as romanticizing nature. Of course the natural world is full of forces that are so-called destructive. The story that we have to illuminate is that we don’t have to be complicit with destruction.

☆ As his beliefs have seeped into homes and classrooms, children as young as 11 think Andrew Tate is their 'god'
▼ + stars: | 2023-01-29 | by ( Lindsay Dodgson | Bethany Dawson | ) www.businessinsider.com time to read: +11 min

Insider spoke with teachers and parents about how Tate's beliefs are seeping into young boys' minds. Insider spoke with seven teachers who said Tate's words and beliefs have significantly impacted their students — some as young as 11 years old. Many young boys are drawn in by this promise of personal development. Mary McCarthy, a mother of four from Dublin, told Insider that Tate seems to have an "intoxicating" effect on her 14-year-old son. Speaking to the BBC, Nia Williams, a psychologist and academic, addressed why so many young boys get "sucked in" by Tate's image.

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