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☆ US fines Texas oil company Callon Permian over emissions
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +1 min

July 13 (Reuters) - The U.S. Environmental Protection Agency (EPA) on Thursday said Callon Permian LLC was fined $1.3 million for excess emissions from tanks, flares and other equipment at company's oil and gas facilities in the West Texas Permian Basin. The EPA said it identified emissions using a helicopter equipped with a special infrared camera that detects hydrocarbon leaks. The company failed to comply with requirements for flares, tanks, and combustors as well as general requirements of the federally approved Texas State Implementation Plan, the EPA said. Callon will perform corrective actions at 13 of its oil and gas facilities in the West Texas Permian Basin, resulting in an estimated reduction of over 1.2 million pounds of volatile organic compound (VOCs) emissions, the agency said. Reporting by Daksh Grover and Rahul Paswan in Bengaluru; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Callon, VOCs, Daksh Grover, Rahul Paswan, David Gregorio Our Organizations: Environmental Protection Agency, EPA, Thomson Locations: West Texas, Texas, Bengaluru

The best Prime Day deals that are still liveDeal icon An icon in the shape of a lightning bolt. Great Price Casper Nova Hybrid Mattress (Queen) The Casper Nova Hybrid is the best soft mattress and the best mattress for side sleepers that we've tested. On July 11 of Prime Day 2023, this deal matches the lowest price Amazon offers on this kit. Great Price Apple MagSafe Charger This Prime Day sale is one of the best discounts we've seen on the official MagSafe charger. Lightning Deal Vitamix Explorian E310 Blender For Prime Day, the Vitamix Explorian Blender, Professional-Grade, 64 oz.

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The 60+ best Prime Day deals that are still liveDeal icon An icon in the shape of a lightning bolt. While we've seen it for less in the past year, this is still a great deal on our top mattress. On July 11 of Prime Day 2023, this deal matches the lowest price Amazon offers on this kit. Great Price Apple MagSafe Charger This Prime Day sale is one of the best discounts we've seen on the official MagSafe charger. Lightning Deal Vitamix Explorian E310 Blender For Prime Day, the Vitamix Explorian Blender, Professional-Grade, 64 oz.

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☆ Trading app Public to launch in the UK as the Tiger Global-backed fintech unicorn begins its European expansion
▼ + stars: | 2023-07-13 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

US investment app Public is launching in the UK as it pushes into the European market. The company is backed by funds like Tiger Global and Accel as well as celebrities like Will Smith. US trading app Public is set to launch in the UK as it begins its European expansion. Leif Abraham, Public cofounder, said the UK made a "lot of sense" for the company. Public also has plans to expand to other European geographies in future, having announced its intentions to grow out its offering last year.

Persons: Will Smith, Tony Hawk, Leif Abraham, Abraham, Robinhood, Otis Organizations: Tiger Global, Accel, Public, FX Locations: New York, Copenhagen, Europe

☆ Aspartame Is a Possible Cause of Cancer in Humans, a W.H.O. Agency Says
▼ + stars: | 2023-07-13 | by ( Christina Jewett | More About Christina Jewett | ) www.nytimes.com time to read: +1 min

A World Health Organization agency declared on Thursday that aspartame, an artificial sweetener widely used in diet drinks and low-sugar foods, could possibly cause cancer. By some calculations using the panel’s standard, a person weighing 150 pounds could avoid a risk of cancer but still drink about a dozen cans of diet soda a day. agency of a cancer risk associated with aspartame reflects the first time the prominent international body has weighed in publicly on the effects of the nearly ubiquitous artificial sweetener. The International Agency for Research on Cancer, or I.A.R.C., said it based its conclusion that aspartame was a possible carcinogen on limited evidence from three observational studies of humans that the agency said linked consumption of artificially sweetened beverages to an increase in cases of liver cancer — at levels far below a dozen cans a day. It cautioned that the results could potentially be skewed toward the profile of people who drink higher amounts of diet drinks and called for further study.

Organizations: Health Organization, International Agency for Research, Cancer

☆ Breaking Up With Diet Soda? Here Are 11 Aspartame-Free Alternatives.
▼ + stars: | 2023-07-13 | by ( Melissa Clark | More About Melissa Clark | ) www.nytimes.com time to read: 1 min

The World Health Organization declared Thursday that the artificial sweetener aspartame is “possibly carcinogenic to humans,” adding it to the same risk category as breathing in engine exhaust, working in dry-cleaning and consuming certain pickled vegetables. suggests you’d have to chug quite a bit of diet soda to enter the danger zone. Its new guidance for safe consumption is 40 milligrams of aspartame per kilogram of body weight, meaning that a committed diet-cola fan weighing 150 pounds could drink as many as two dozen cans a day. Still, the news may give the jitters (caffeinated or not) to diet-drink die-hards. If you’re ready to swear off the stuff, or at least moderate your habit, here are 11 aspartame-free alternatives to reach for instead.

Organizations: World Health Organization

☆ Final offer: UK's Sunak seeks to end strikes with new pay deals
▼ + stars: | 2023-07-13 | by ( ) www.cnbc.com time to read: +1 min

British Prime Minister Rishi Sunak speaks to the media during London Tech Week at the QEII centre on June 12, 2023. British Prime Minister Rishi Sunak on Thursday sought to end months of crippling public sector strikes by offering teachers, doctors and other workers pay increases of 6% and above, but warned it would cost billions that could mean cuts elsewhere. The Conservative leader said he had accepted the recommendations of independent pay review boards on wage rises for millions of public sector workers, stressing that it was a final offer intended to end months of industrial action. Junior doctors will now get a 6% pay uplift and a lump-sum pay increase of 1,250 pounds ($1,633.25), while teachers would get 6.5%. After more than a year of elevated inflation - which at its peak hit more than 11% - the government is struggling to balance the need to end strikes with rising public debt levels.

Persons: Rishi Sunak, Sunak Organizations: British, London Tech, Conservative, Education, Police

☆ What is aspartame and what do the new WHO rulings mean?
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +4 min

Discovered in 1965 by American chemist James Schlatter, aspartame is about 200 times sweeter than regular table sugar. One group of experts, the International Agency for Research on Cancer (IARC), said aspartame is a "possible carcinogen". For aspartame, this limit is 40 milligrams of aspartame per kilogram of body weight per day. Aspartame's use in food products has been debated for decades and has also prompted some companies to remove the compound from their products. PepsiCo (PEP.O) removed aspartame from Diet Pepsi in 2015 but brought it back a year later.

Persons: James Schlatter, Gunter Kuhnle, Mills, Yoplait, JECFA, Elissa Welle, Savyata Mishra, Deborah Sophia, Caroline Humer, Catherine Evans Organizations: World Health, U.S . Food, Drug Administration, WHO, International Agency for Research, Cancer, FAO, United Kingdom's University of Reading, PepsiCo, Pepsi, FDA, IARC, National Library of Medicine, Thomson Locations: Diet, saccharin, United Kingdom, Spain, France, Italy, Denmark, Germany, Australia, New Zealand, New York, Bengaluru

☆ The tech exec who eats exactly 1,977 calories a day as he tries to age backward says he has no 'desire' for cheat days — and it makes him 'sick' to think of pizza and donuts
▼ + stars: | 2023-07-13 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

The millionaire on a strict diet who's trying to age backward says he has no 'desire' for cheat days. Tech exec Bryan Johnson told Fortune it makes him "sick" to think of pizza and donuts. Bryan Johnson is following a strict diet in his attempt to reverse his biological age, but still says he has no interest in junk foods. Johnson also said, contrary to popular belief, he's happy following his strict regimen, which Bloomberg previously reported costs him $2 million a year. Johnson's strict diet includes consuming exactly 1,977 calories each day.

Persons: Bryan Johnson, Fortune, Johnson, Richard Organizations: Tech, Fortune, Bloomberg

[1/2] Demonstrators protest at a picket line outside of St Thomas' Hospital as junior doctors strike over pay and conditions, in London, Britain, June 14, 2023. REUTERS/Toby Melville/File PhotoSummary UK accepts independent pay recommendationsDecision follows widespread industrial reactionLONDON, July 13 (Reuters) - Britain's government has decided to accept recommendations for pay increases for millions of public sector workers, treasury minister John Glen said on Thursday, giving doctors and teachers at least 6% increases. Junior doctors will now get a 6% pay uplift and a lump-sum pay increase of 1,250 pounds ($1,633.25), while teachers would get 6.5%. He also announced pay increases for police (7%) and armed forces (5%). Glen said there would be no new borrowing or spending to fund the increases although teachers' pay rises would be funded by a reallocation of the existing education department budget.

Persons: Toby Melville, John Glen, Rishi Sunaks, Glen, Muvija M, David Milliken, William James, Kate Holton Organizations: St Thomas ' Hospital, REUTERS, Bank of England, Thomson Locations: St, London, Britain

☆ Chipotle tests a robot to speed up guacamole production
▼ + stars: | 2023-07-13 | by ( Ellie Stevens | ) edition.cnn.com time to read: +3 min

CNN —Your Chipotle guacamole may soon be prepared by a robot. Meet “Autocado,” a Chipotle robot designed to perform the more tedious tasks of creating the chain’s guacamole, including cutting, coring and peeling avocados. But Chipotle (CMG) said this “collaborative robot” will not eliminate jobs, but, instead, employees will work with the robot to speed up guacamole production. For its design, Chipotle partnered with Vebu Labs, a robotics startup in California, to analyze the preparation process at various Chipotle restaurants and identify the most time-consuming tasks for employees. And Chipotle is already testing “Chippy,” a robotic kitchen assistant that uses artificial intelligence to make tortilla chips to dip in Autocado’s guacamole.

Persons: “ Autocado, Chipotle, Curt Garner, ”, Patrick T Organizations: CNN, Technology, Grill Inc, Fallon, Bloomberg, Getty, ., Vebu Labs Locations: El Segundo , California, U.S, California, Vebu, guacamole

Economic output fell 0.1% in May from April, the Office for National Statistics (ONS) said, after growth of 0.2% in the previous month. All sectors of the economy contracted with the exception of services, which showed no growth. Finance minister Jeremy Hunt said high inflation continued to hamper the economy and he called for patience in bringing it down. Some companies in the arts, entertainment and recreation sector said they had benefited from the extra bank holiday, as well as hotels and restaurants, the ONS said. Britain's economy often shows some rebound in subsequent months when output is temporarily dented by extra bank holidays.

Persons: Maja Smiejkowska, King Charles, Paul Dales, Dales, BoE, Jeremy Hunt, Andy Bruce, William Schomberg, Kate Holton, Peter Graff, Toby Chopra Organizations: Charing Cross, REUTERS, National Statistics, Bank of England, Capital Economics, Reuters, ONS, European Union, Thomson Locations: London, Britain, Germany

LONDON, July 13 (Reuters) - Britain's largest homebuilder Barratt Developments (BDEV.L) warned it would build far fewer homes this fiscal year as rising mortgage rates and stubborn inflation hit demand, sending its shares down more than 5% in early trading on Thursday. The FTSE 100-listed firm said it expected to build between 13,250 to 14,250 units in the year ending June 30, 2024, down from 17,206 homes the year before. Average two-year fixed mortgage rates hit a 15-year high earlier this week. Julie Palmer, partner at Begbies Traynor, said Thursday's trading update underlined the impact of rising rates on homebuyers, construction firms and other businesses linked to the housing market. High-end housebuilder Berkeley (BKGH.L) last month forecast a 20% drop in house build sales for its current fiscal year.

Persons: Barratt, Julie Palmer, Begbies Traynor, Suban Abdulla, Aby Jose Koilparambil, Sherry Jacob, Phillips, Kate Holton, Elaine Hardcastle Organizations: Thomson Locations: London, Bengaluru

☆ Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
▼ + stars: | 2023-07-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Gabby Jones | Bloomberg | Getty ImagesAmerican stock brokerage startup Public launched its services in the U.K. Thursday, marking its first international expansion its launch in 2017. The app, backed by celebrities including Will Smith and skateboarding legend Tony Hawk, will offer U.K. users commission-free trading in over 5,000 U.S.-listed stocks during the country's regular trading hours. Bibas said that, for now, the U.K. is the only country Public is focusing on for its international expansion. In the future, it hopes to take learnings from its U.K. launch to open in other European markets. Freetrade, the U.K. brokerage startup, slashed its valuation by a whopping 65% last month to £225m in a crowdfunding round, citing a "different market environment."

Persons: Gabby Jones, Will Smith, Tony Hawk, AJ Bell, Hargreaves Lansdown, Leif Abraham, Public's, Abraham, Jannick Malling, PFOF, Dann Bibas, Bibas, he's Organizations: Bloomberg, Getty, Public, CNBC, Jannick, GameStop, Citadel Securities, European Union, Khepri Advisers, Financial, Authority, Accel, Tiger Global Locations: U.S, Abraham, Denmark, Germany, New York, Copenhagen, London, Amsterdam, Covid

While we've been keeping tabs on the best Prime Day deals, we're seeing a handful of exceptions where rarely discounted products are dropping to incredible prices. The 12 best rare Prime Day deals ending soonDeal icon An icon in the shape of a lightning bolt. It rarely sees price drops, but right now it's down to only $17 in a rare deal for Prime Day. Help keep your pup cool anywhere with this dog bath that's 20% off during the second day of Prime Day. Prime Day officially lasts from July 11 to 12 — that means most of these deals will end tonight at 11:59 p.m. PT.

Persons: we've, Bowser's Fury, Vera Bradley Microfiber, Vera, Collar Organizations: Razer, Deal, Belkin, Amazon, Nintendo, Walmart, Bands Locations: Cha Kyusu, Birch

☆ The BBC Aired Saturation Coverage of Anchor’s Behavior. Was It Too Much?
▼ + stars: | 2023-07-13 | by ( Mark Landler | More About Mark Landler | ) www.nytimes.com time to read: +1 min

There were urgent NATO meetings about the war in Ukraine, raging floods from India to Vermont, and a record heat wave across America. But this week the BBC wound up airing wall-to-wall coverage of a different story: itself. The confirmation that Huw Edwards, a prominent BBC anchor, was the unnamed person at the heart of allegations of sexual misconduct ended days of breathless speculation that consumed Britain’s public broadcaster. Yet it left a lingering sense of unease about the role of the British news media — and its even more intrusive cousin, social media — in the unmasking of a public figure. The allegations were salacious, to be sure — catnip for the British press — and the BBC was trying to show journalistic integrity by not shying away from embarrassing news about a member of its own staff.

Persons: Huw Edwards, Edwards Organizations: BBC Locations: Ukraine, India, Vermont, America

Consumer goods makers say the price hikes are necessary, and that they have taken a hit to margins over the past two years. Some companies such as Clorox (CLX.N) have even begun to ease off the hikes to protect sales volumes as input costs fall. "In the U.S. in particular, these pressures are more acute than in Europe," Janus Henderson portfolio manager Luke Newman told Reuters. U.S. consumer strength has begun weakening, "and that's bad news for the consumer companies," Barclays analyst Iain Simpson said. Still, cost inflation has chipped away at margins, which have broadly fallen 2-4 percentage points over the past two years for the consumer goods industry.

Persons: Janus Henderson, Luke Newman, Newman, Richard Marwood, Robert Klaber, Parnassus, Iain Simpson, Alvarez, Marsal, David Chavern, Stephanie Niven, Niven, Irene Jensen, Jensen, Thomas Joekel, Richa Naidu, Jessica DiNapoli, Matt Scuffham, Deepa Babington Organizations: U.S, Consumer, Reuters, Royal London Asset Management, Investments, Biden, Barclays, Procter, Gamble, Consumer Brands Association, Sustainable Equity Fund, Norges Bank Investment Management, Unilever, Reckitt, Investment, Thomson Locations: Ukraine, U.S, Europe, San Francisco, United States

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Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. $10.14 from Amazon Originally $25.00 Save 59%Prime Day deals: StyleWe've got you covered for head-to-toe deals across the fashion world today. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day. $12.99 from Amazon Originally $23.99 Save 46%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt. You'll also get a bonus of $10 with this Prime Day deal when you use the code "HAPPY" and spend $50.

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☆ UK economy shows strains and gains, complicating Bank of England's job
▼ + stars: | 2023-07-12 | by ( William Schomberg | ) www.reuters.com time to read: +5 min

But the BoE is also aware that the economic impact of its 18-month campaign of rate hikes has yet to be felt fully. Below is a summary of key measures of the economy that the BoE will be watching before its next announcement on interest rates on Aug. 3. INFLATION THREATBritish consumer price inflation held at 8.7% in annual terms in May, down from a peak of 11.1% last October but the highest among the Group of Seven advanced economies. Reuters GraphicsINSOLVENCIESThere are signs that companies, especially smaller ones, are struggling as borrowing costs rise and the economy barely grows. Reuters GraphicsGraphics by Sumanta Sen, Kripa Jayaram and Vincent Flasseur; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

Persons: BoE, GfK, Sumanta Sen, Kripa Jayaram, Vincent Flasseur, Paul Simao Organizations: Bank of England's, Reuters Graphics Reuters, Nationwide, Halifax, Reuters, insolvencies, Wales, Reuters Graphics LABOUR, Thomson Locations: BoE's, Britain, England, Germany

☆ BBC presenter facing sex photo claims is Huw Edwards, BBC says, citing his wife
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +1 min

LONDON, July 12 (Reuters) - One of Britain's leading news anchors, Huw Edwards, was named by his wife on Wednesday as being the BBC presenter facing allegations he paid a young person thousands of pounds for sexually explicit photos, the broadcaster reported. Several BBC stars had taken to social media to say they were not involved after speculation swirled online. As is well documented, he has been treated for severe depression in recent years," his wife, Vicky Flind said, according to the BBC. Flind said she hoped the statement would bring an end to media speculation which had impacted Edwards' BBC colleagues. Reporting by Kylie MacLellan Editing by Chris Reese and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Huw Edwards, Edwards, Queen Elizabeth, Huw, Vicky Flind, Flind, Kylie MacLellan, Chris Reese, Rosalba O'Brien Organizations: BBC, Sun, London's Metropolitan Police, Thomson Locations: Britain, London's

☆ Exclusive: Live events group Superstruct readied for sale – sources
▼ + stars: | 2023-07-12 | by ( Amy-Jo Crowley | ) www.reuters.com time to read: +2 min

Providence carried Superstruct through the COVID-19 pandemic when concerts and other public events came to a sudden halt, heavily impacting the company’s revenue and earnings. It has since grown by swallowing up festivals across Europe and Australia, and now operates 80 large-scale festivals and 200 smaller events. The rebound in live music and festivals following the end of lockdowns has also encouraged investment in the sector. Private equity owner Silver Lake is advancing towards a sale of Australian live events and ticketing group TEG, which could be worth A$2 billion dollars, according to people with knowledge of the matter. The sale of TEG could serve as a yardstick for putting a price on Superstruct, as well as gauging buyer interest, one of them added.

Persons: Superstruct, James Barton, Silver, TEG, Amy, Jo Crowley, Jan Harvey Organizations: Superstruct Entertainment, Providence, Live Nation, Thomson Locations: Superstruct, Providence, Europe, Australia, lockdowns

Phillip alleged Barclays owed her a duty to ignore her instructions if the bank had reasonable grounds to suspect she was being defrauded. "Where the customer has authorised and instructed the bank to make a payment, the bank must carry out the instruction promptly," he said. "It is not for the bank to concern itself with the wisdom or risks of its customer's payment decisions." James Levy, a partner at law firm Ashurst, said the onus was on customers to ensure payment instructions were bona fide. The Supreme Court, however, allowed Philipp to pursue an alternative case against Barclays on the grounds that the bank breached its duty by failing to take adequate steps to recover the money transferred to the UAE.

Persons: Fiona Philipp, Phillip, George Leggatt, James Levy, Ashurst, Philipp, Sam Tobin, Kirstin Ridley, Louise Heavens, Barbara Lewis, Jane Merriman Organizations: Barclays, Wednesday, Court, United Arab Emirates, Payment Systems, Financial Services, UAE, Thomson Locations: fraudsters, UAE

☆ Kevin Spacey says he never groped victims, UK court hears
▼ + stars: | 2023-07-12 | by ( Michael Holden | ) www.reuters.com time to read: +3 min

The accusers have said the 63-year-old had aggressively groped them or in one case performed oral sex while the complainant was passed out, with the prosecution describing him as a sexual bully. Spacey likewise said he could not remember the second accuser, an aspiring actor, who says he woke in the actor's London apartment to find he was being assaulted. "I'm certain that I did not attempt to perform oral sex on anyone who fell asleep in my apartment," Spacey's statement said, adding he had never performed oral sex on anyone who had not consented. His statement also said the man's lawyers had contacted him seeking a payment of more than 450,000 pounds. Spacey told police he was "baffled and deeply hurt" that the final accuser, a driver who says Spacey groped him about 12 times, had made his claims.

Persons: Kevin Spacey, Spacey, Michael Holden, Angus MacSwan Organizations: British, Southwark Crown, Thomson Locations: London, Southwark, Britain, New York, U.S, Oxford, England

Former BoE policymaker Kate Barker told the Financial Times this weekend that targetted and temporary tax rises on top earners may be the most effective and fairest way to go. "We're asking monetary policy to do all the work," she said. But the political sensitivity of income tax likely dictates the way forward, however cogent the economics. Yet the more general point of fiscal policy helping with the final throes of the inflation battle continues to be made. "Fiscal Policy should remain aligned with monetary policy in the fight against inflation," the Fund concluded.

Persons: BoE policymaker Kate Barker, President Biden, Mike Dolan, Matthew Lewis Organizations: International Monetary Fund, Bank for International, U.S, Bank of, Financial Times, Fed, U.S . Bureau of Labor Statistics, Britain's, National Statistics, Reuters Graphics Reuters, Reuters, Republicans, Twitter, Thomson Locations: Britain, London

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