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A Driver’s License for the Internet
  + stars: | 2023-07-03 | by ( Lauren Jackson | ) www.nytimes.com   time to read: +1 min
So when it rolled out a new feature — voice chatting with other users — he wanted to try it. But first, he had to pull out his driver’s license. These checks are popping up across the internet as part of a global push to protect children’s safety. As of this month, seven states have passed laws requiring age checks for users on websites like Pornhub. Lawmakers in Congress have introduced a bill to create a minimum age for social media use, too.
Persons: Jack Merrill, Jack, what’s, Roblox Organizations: Lawmakers Locations: Chicago, Britain, Italy, Japan, France
Of those, 30 came after the Credit Suisse deal was announced in March. With the Credit Suisse deal, UBS became the world's second-largest wealth manager. “The U.S. is the largest wealth market globally, and in recent years there has been unprecedented growth," Iqbal Khan, UBS' president of global wealth management, told Reuters. Reuters GraphicsUBS' ranks of financial advisers in the U.S. have swelled by more than 25% in the last three years. “Over the next 20 years, we'll see the greatest transfer of wealth in history," said Khan, who joined UBS from Credit Suisse in 2019.
Persons: Bank of America's Merrill Lynch, Iqbal Khan, , Khan, Wells, John Mathews, We’ve, Johann Scholtz, we'll, Tatiana Bautzer, Paritosh Bansal, Lananh Nguyen Organizations: YORK, UBS, Credit Suisse, Bank of America's, JPMorgan Chase's, First Republic Bank, Citigroup, BG Group, Merrill, Reuters, Reuters Graphics UBS, Wealth, Thomson Locations: Wells Fargo, Europe, Asia, U.S, California, Americas, New York
Tickets for Taylor Swift shows have more than doubled since 2018, per a Bloomberg analysis. The pop superstar is making more than $13 million from each date on her "Eras" tour, per Pollstar. Taylor Swift's Eras tour is on track to set a new record – but it's also a reminder of just how expensive it can be to see a concert by the world's biggest acts. Data from Pollstar, a music industry trade publication, shows Swift has already generated more than $300 million from the first 22 dates of her highly anticipated Eras tour. Jason Kempin/Getty ImagesStill, the average cost doesn't reflect the huge prices being charged on the resale market.
Persons: Taylor Swift, Taylor, it's, Swift, It's, Elton John's, Jason Kempin, Paige, Scott, Merrill Lynch, Boaz Weinstein Organizations: Bloomberg, Wall Street, Billboard, she's Locations: London, That's
Morgan Stanley co-presidents Ted Pick and Andy Saperstein are widely viewed as the front-runners for the top job, with Pick seen as having a slight edge, the person said. A Morgan Stanley spokesperson declined to comment, as did Gorman, Pick, Saperstein and Simkowitz when contacted directly. SUCCESSION PLANNINGSince taking the helm, Australian-born Gorman, 64, has transformed Morgan Stanley through a series of major deals into a wealth management powerhouse that aims to manage $10 trillion in assets. Pick, 54, heads Morgan Stanley's institutional securities group, overseeing areas including investment banking, equities and fixed income. Saperstein, 56, is in charge of the wealth management unit that has bolstered Morgan Stanley's profits in recent years.
Persons: Morgan Stanley's, James Gorman's, Gorman, Morgan Stanley, Ted Pick, Andy Saperstein, Pick, Dan Simkowitz, Morgan, Merrill Lynch, You've, you've, Peter Orszag, Kenneth Jacobs, JPMorgan Chase, Jamie Dimon, Brian Moynihan, Lananh Nguyen, Paritosh Bansal, Megan Davies, Jamie Freed Organizations: YORK, U.S . Securities, Exchange Commission, U.S, Attorney's, Southern, of, McKinsey, White House, JPMorgan, Bank of America, Thomson Locations: London, New York, of New York, Australian
When wildfire smoke began blanketing New York City in June, employees at Skidmore, Owings & Merrill, an architecture and design firm in Lower Manhattan, had a panoramic view of the unfolding crisis. From their desks, nearly 30 stories off the ground, they watched as the sky transformed from hazy, slate blue in the morning to dirty, dishwater gray at noon. But inside the office, cool air rippled from the vents running along the ceiling, and large screens reassured employees: “Indoor Air Quality is Very Good.”The assessment was based on the readings of indoor air-quality sensors that were tracking the real-time levels of pollutants, including the fine particulate matter that makes wildfire smoke so hazardous. The sensors had been installed during the pandemic, but now they were proving their worth in the midst of a new air-quality emergency. “We can say definitively to everybody that works here that ‘You’re safe to come into the office,’” said Chris Cooper, a design partner at the firm.
Persons: , Charles Harris, ’ ”, Chris Cooper Organizations: Skidmore, Owings, Merrill, Locations: York City, Lower Manhattan
AI's impact on the job marketRob Arnott"Every important disruption since the start of the industrial revolution has cost millions of people jobs. Millions of jobs will be lost to those who know how to use AI. "The implications of generative AI on the labor market will be one of upheaval and one of escalating job uncertainty. Are AI stocks in a bubble? Rosenberg"Advancements in AI technology, and its knock-on effects on profitability and productivity, is a legitimate investment thesis.
Persons: David Rosenberg, Rob Arnott, Savita Subramanian, Cam Harvey, Jawad Mian, Jobs, Merrill Lynch, aren't, Rosenberg, Harvey, Arnott, Brad Cornell, Aswath, There's, that's, Savita, , capex, Mian Organizations: Industries, Investors, Research, Rosenberg Research, North, Bank of America Securities, Duke University, Microsoft, Nvidia, Google, Tech, Software, Services, Professional Services, IT Services Locations: North American, ChatGPT, Asia, Taiwan
A change to the board of directors at a top Wall Street bank has raised questions about what it means for the CEO. Goldman Sachs board is reportedly planning to add Tom Montag, a former longtime Goldman exec who became the No. And as a former partner at the bank, Montag also brings with him a certain cachet. Such is life on Wall Street, where the line between friend and foe is never quite clear. From Mark Zuckerberg's martial arts-led comeback to Jeff Bezo's hot yacht summer, tech bros are feeling themselves these days.
Persons: Dan DeFrancesco, you've, , we've, Tom Montag, Craig Barritt, Tory Burch, Goldman Sachs, Goldman, David Solomon, Montag, Solomon, Insider's Dakin Campbell, Merrill, Insider's Alex Morrell, Jeff Bezos, Clive Mason, Mark Zuckerberg's, Jeff Bezo's, Biden's, Jen Glantz, Pete Buttigieg, Jeffrey Cane, Hallam Bullock Organizations: Costco, Tory, Tory Burch Foundation, Bank of America, Bloomberg, Goldman, Solomon, BofA, Getty, Finance bros, Transportation, Starbucks, LinkedIn Locations: NYC, BofA, BlackRock, New York, London
NEW YORK, June 26 (Reuters) - Goldman Sachs Group Inc (GS.N) plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monday, as Goldman's leadership faces challenges over its strategy. The bank's board is gathering in India this week, a second source said. Montag, who has previously worked at Goldman Sachs, is currently CEO of Rubicon Carbon, a carbon-market venture backed by asset manager TPG. The planned appointment was first reported by Bloomberg News, which said that Montag is an ally of CEO David Solomon. Montag, described by his peers as a hard-charging executive, was formerly a partner at Goldman Sachs and jointly led its securities division until late 2007.
Persons: Tom Montag, Montag, Goldman Sachs, David Solomon, Goldman, Merrill Lynch, Solomon, Saeed Azhar, Manya, Arun Koyyur, Emelia Organizations: YORK, Goldman Sachs Group Inc, of America, Rubicon, TPG, Bloomberg News, Bank of America, Manya Saini, Thomson Locations: India, New York, Bengaluru
Goldman Sachs board plans to tap Tom Montag to join, Bloomberg reports. Now, he is said to be in line to join the board of Goldman Sachs as its CEO, David Solomon, faces scrutiny over his leadership. Still, Bloomberg notes, Montag would be the first bank executive named to the board under Solomon, who became CEO of the bank in 2018. Solomon's hobby as a DJ and his use of the firm's private jets have also rubbed some Goldman insiders the wrong way. At Goldman, Montag was big in JapanMontag bleeds Goldman blue.
Persons: Goldman Sachs, Tom Montag, Montag, David Solomon, Solomon, , Sridhar Natarajan, Katherine Doherty, Goldman, David Viniar, Goldman's, Adebayo, Ogunlesi, Insider's Dakin Campbell, Japan Montag, Merrill Lynch, Insider's Alex Morrell, Charming, Kate Kelly, BofA Organizations: Bloomberg, of, Morning, Bank of America's, Goldman, Credit Suisse, Global Infrastructure Partners, Reuters, Bank of America, Bank America, The New York Times, Times, Private, TPG, Street Journal Locations: Japan
MLB roundup: Angels' 13-run inning leads 25-1 rout of Rockies
  + stars: | 2023-06-25 | by ( ) www.reuters.com   time to read: +11 min
Moniak went 5-for-5 and finished with four extra-base hits as the Angels set a franchise record for most runs scored in a game. Eduardo Escobar, acquired from the New York Mets on Friday, had two hits and scored four times in his Angels debut. Trea Turner had an RBI single while Bryson Stott and Brandon Marsh each finished with two hits. William Contreras had an RBI single and Christian Yelich scored twice for the Brewers, who have lost three of their last five games. Starter Pablo Lopez (3-5) gave up three runs and seven hits in six innings while recording 10 strikeouts.
Persons: Mike Trout, Brandon Drury, John Leyba, Matt Thaiss, Mickey Moniak, Moniak, Eduardo Escobar, Hunter Renfroe, David Fletcher, Drury, Thaiss, Taylor Ward, Griffin Canning, Brenton Doyle, Chase Anderson, Travis d'Arnaud, Matt Olson, Ozzie Albies, Marcell Ozuna, Michael Tonkin, Raisel Iglesias, Jake Fraley, Will Benson, Iglesias, Matt McLain, Jonathan India, Ian Happ, Justin Steele, Louis the, Happ, Louis, Adam Wainwright, Dansby Swanson, Christopher Morel, Yan Gomes, Nick Madrigal, Steele, Elvis Andrus, Kenley Jansen, Zach Remillard, Yasmani Grandal, Jake Burger, Luis Robert Jr, Andrew Vaughn, Jansen, Gavin Sheets, Clint Frazier, Triston Casas, Justin Turner's, Kendall Graveman, Jarren Duran, Casas, Luis Matos, Joc Pederson, Blake Sabol, Thairo Estrada, Lourdes Gurriel Jr, Camilo Doval, Pavin Smith, Merrill Kelly, Ryan McKenna, Mike Baumann, Anthony Santander, Mike Ford's, Felix Bautista, Aaron Hicks, Crawford, Julio Rodriguez, Max Scherzer, Pete Alonso, Starling Marte, Nick Castellanos, Trea Turner, Bryson Stott, Brandon Marsh, Cristopher Sanchez, Luis Severino, Severino, Billy McKinney, Aaron Judge, Jon Gray, Gray, Marcus Semien, Jason Heyward, James Outman, Stanek, Jonny Deluca, Alex Bregman, Ronel Blanco, Danny Jansen, Vladimir Guerrero Jr, Guerrero, Jose Berrios, Seth Brown, Jon Berti, Luis Arraez, Joey Wendle, Nick Fortes, Arraez, Osvaldo Bido, Andrew McCutchen, Jordan Lyles, Lyles, Freddy Fermin, Drew Waters, Bay's, Franco, Vidal Brujan, David Fry, Fry, Jose Ramirez, Josh Naylor, Andres Gimenez, Tanner Bibee, Emmanuel Clase, William Contreras, Christian Yelich, Freddy Peralta, Reese Olson, Zach McKinstry, Olson, Alex Lange, Carlos Correa, Joey Gallo, Pablo Lopez, Jeimer, Lane Thomas, Matt Waldron's, Josiah Gray, Mason Thompson, Kyle Finnegan, Hunter Harvey, Waldron Organizations: Los Angeles Angels, Colorado Rockies, Coors Field, Angels, New York Mets, Los, Rockies, Braves, Reds, Atlanta, Cincinnati, Cubs, Cardinals, Chicago, St, . White Sox, Red Sox, Boston, Giants, Diamondbacks, National League West, Arizona, Orioles, Mariners, Baltimore, Seattle, The Mariners, Mets, Phillies, Philadelphia, Yankees, Rangers, New York, Texas, Dodgers, Astros, Houston, Blue Jays, Athletics, Toronto, Oakland, Marlins, Pirates, Miami, Pittsburgh, Royals, Rays, Kansas City, Brewers, Cleveland, Milwaukee, Guardians, Tigers, Detroit, Twins, Padres, Washington, San, Thomson Locations: Denver , Colorado, USA, Denver, Los Angeles, Atlanta, Chicago, Yasmani, Francisco, Arizona, New York, Tampa, Lyles, Minnesota, San Diego
Here are five small companies that could have huge returns with a bit of good fortune. Kevin Rendino, formerly of Merrill Lynch and BlackRock, is an activist investor focused on reviving small companies that might just be sleeping giants. He still believes the so-called "end-of-the-world" scenario that investors are pricing in for that group of stocks right now is completely unwarranted. "I don't see the excesses in the system like we saw in 2008, which would cause a recession," Rendino said. Below are five of Rendino's favorite stocks right now along with the ticker, market capitalization, and thesis for each.
Persons: Kevin Rendino, there's, Merrill Lynch, Rendino, We're, We've, We'll, we're, they've, Russell Microcap, Russell, , — Rendino, he's, Warren Buffett Organizations: BlackRock, Capital, Nasdaq, Investors
London CNN —Turkey’s central bank hiked interest rates to 15% from 8.5% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation. Annual consumer price inflation has come down from a two-decade high of 85.5% in October but was still almost 40% in May. This is the first rate decision by Turkey’s central bank since last month’s reelection of President Recep Tayyip Erdogan. Erdogan had ordered his central bank to cut rates nine times since late 2021, when inflation around the world started to accelerate, whereas most economies have raised rates. In that time, the value of the Turkish lira has crashed almost 170% to stand at a record low of 23.60 against the US dollar on Thursday.
Persons: Recep Tayyip Erdogan, Hafize Gaye Erkan, Goldman Sachs, Erdogan, Erdogan —, , Mehmet Simsek, Turkey’s, Merrill Lynch Organizations: London CNN
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of England has no choice but to continue hiking rates, strategist saysThanos Vamvakidis of BofA Merrill Lynch Global Research says that's because of inflation pressures and a tight labor market.
Persons: Thanos, BofA Merrill Lynch Organizations: Email Bank of England, BofA Merrill Lynch Global Research
MLB roundup: Joey Votto stars in return for streaking Reds
  + stars: | 2023-06-20 | by ( ) www.reuters.com   time to read: +7 min
Lindor had a three-run homer and a two-run double, and Vogelbach hit a solo shot and a two-run single. Tigers 6, Royals 4Kerry Carpenter capped a five-run uprising in the seventh inning with a three-run homer as host Detroit rallied past Kansas City. Maikel Garcia had a two-run home run and Bobby Witt Jr. hit a solo shot for Kansas City. Red Sox 9, Twins 3Alex Verdugo drove in four runs and Triston Casas added a two-run homer as Boston won its fifth straight game, beating Minnesota in Minneapolis. Christian Vazquez hit a three-run homer against his former team as the Twins lost for the fourth time in five games.
Persons: Joey Votto, David Kohl, Alex Young, Alexis Diaz, Elias Diaz, Jorge Alfaro, Austin Gomber, Jorge Soler, Luis Arraez, Arraez, Ty Cobb, Stan Musial, Ichiro Suzuki, Tony Gwynn, Jose Berrios, Huascar Brazoban, Mike Yastrzemski, Ray Kerr, Yastrzemski, Camilo Doval, Juan Soto, Brendan Donovan, Paul Goldschmidt, Louis, Jack Flaherty, Goldschmidt, Luis Garcia's, Josiah Gray, Daniel Vogelbach, Francisco Lindor slugged, Max Scherzer, Lindor, Vogelbach, Yainer Diaz, Hunter Brown, Kerry Carpenter, Tyler Alexander, Alex Lange, Jake Rogers, Maikel Garcia, Bobby Witt Jr, Mike Tauchman, Drew Smyly, Nico Hoerner, Dansby Swanson, Seiya Suzuki, Pittsburgh's Osvaldo Bido, Alex Verdugo, Casas, Jarren Duran, James Paxton, Christian Vazquez, Pablo Lopez, Alek Thomas, Corbin Burnes, Thomas, Merrill Kelly, Jonah Heim, Josh Jung, Andrew Heaney, Tanner Banks Organizations: Cincinnati Reds, Colorado Rockies, Rockies, Marlins, Blue Jays, Miami, Toronto, Giants, Padres, San, Cardinals, Nationals, Washington, Mets, Astros, Tigers, Royals, Detroit, Kansas City, Cubs, Pirates, Chicago spanked, Red Sox, Boston, Minnesota, Twins, Diamondbacks, Brewers, Milwaukee, Triple, Rangers, White Sox, Chicago, The Rangers, Texas, Thomson Locations: Cincinnati , Ohio, USA, San Francisco, San Diego, St, New York, Houston, Kansas, Carpenter's, Chicago spanked Pittsburgh, Minneapolis, Arizona, Reno, Texas, Chicago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy should see a bounce back in 6 - 12 months, says BofA's Chris HyzyChris Hyzy, Merrill & BoA Private Bank CIO, joins 'Closing Bell' to discuss the sustainability of the market rally.
Persons: Chris Hyzy Chris Hyzy, Merrill Organizations: Energy, Bank CIO
A New Front in Reparations and More: The Week in Reporter Reads
  + stars: | 2023-06-16 | by ( ) www.nytimes.com   time to read: +1 min
In fairness, this forklift operator had no idea that the crate he tossed into his car trunk contained a Picasso until he opened its casing. In fairness, he didn’t care much for it; he preferred realism. agents were hot on the trail of a hot Picasso unavailable for public viewing, as it was hidden in Rummel’s hallway closet. Back before the much more notorious theft of 13 works of art from Boston’s Isabella Stewart Gardner Museum in 1990. Back, in a sense, to a time before Picasso had even painted the piece in question.
Persons: Picasso, Merrill Rummel, Sam, Boston’s Isabella Stewart Gardner Organizations: Logan International Airport, Boston’s Isabella Stewart Gardner Museum Locations: Boston
When Chase Merrill took his first ride in his new Rivian R1S, it was his favorite car that he had ever driven. "I hit about 2 ½-feet of snow and it just stopped right there," Merrill told Insider. Rivian risks alienating early adoptersChase Merrill's Rivian R1S the day it was delivered. For a young company like Rivian, these early fans can make or break its reputation, shareholders, analysts, and Rivian investors have told Insider. Merrill's Rivian returns with an error messageChase Merrill's Rivian R1S was loaded onto a flatbed tow truck.
Persons: I'm, Chase Merrill, Merrill, Rivian's, Bensaid, Chase Merrill's Rivian, Chase Merrill Merrill isn't, Rivian, , Tony Caravano, Caravano, Merrill's Rivian, Chase, Rivian R1S, it's Organizations: Morning, Merrill, Toyota, EV Locations: , New York, snowbanks, Chelsea , Massachusetts, Toyota Tacoma
MLB roundup: Pirates win slugfest, extend Mets' skid
  + stars: | 2023-06-10 | by ( ) www.reuters.com   time to read: +11 min
Pittsburgh starter Rich Hill (6-5) allowed two runs and seven hits in seven innings. New York starter Tylor Megill (5-4) gave up nine runs, seven earned, and eight hits in 3 2/3 innings. Arizona starter Merrill Kelly (8-3) gave up three runs and seven hits in 6 1/3 innings. Detroit starter Michael Lorenzen (2-3) was charged with six runs and seven hits in 6 2/3 innings. Cole (7-1) allowed two runs on seven hits in six innings for his first loss since his final regular-season start of last season.
Persons: Will Brennan, David Richard, Carlos Santana, Jack Suwinski, Austin Hedges, Josh Palacios, Rich Hill, Francisco Lindor, Luis Guillorme, Mark Vientos, Francisco Alvarez, Tylor, Tyler Freeman, Kyle Tucker's, Xzavion Curry, Freeman, Seth Martinez, Josh Naylor, Jose Abreu, Jeremy Pena, Isaac Paredes, Tyler Glasnow, Paredes, Michael A, Taylor, Royce Lewis, Sonny Gray, Yusei Kikuchi, Kyle Schwarber, Schwarber, Caleb Ferguson, Trea Turner, Mookie Betts, Freddie Freeman, Orlando Arcia, Arcia, CJ Abrams, Eddie Rosario, Josiah Gray, Jordan Montgomery, Louis, Giovanny Gallegos, Nolan Arenado, Jordan Walker, Nolan Gorman, Ben Lively, Stuart Fairchild, Luis Robert Jr, Liam Hendriks, Yasmani Grandal, Joey Wendle, Corbin Carroll, Carroll's, Emmanuel Rivera, Geraldo Perdomo, Merrill Kelly, Jake Rogers, Zack Short, Javier Baez, Michael Lorenzen, Rafael Devers, Gerrit Cole, Kenley Jansen, Casas, Enrique Hernandez, Josh Donaldson, Cole, Austin Hays, Tyler Wells, Gunnar Henderson, Wells, Felix Bautista, Daniel Lynch, Hays, Ramon Laureano, Luis Medina, Trevor May, Adrian Houser, Owen Miller, Fernando Tatis Jr, Manny Machado, Brandon Dixon, Trent Grisham, Gary Sanchez, Jake Cronenworth, Juan Soto, Xander Bogaerts, Yu Darvish, Josh Hader, Mike Moustakas, Randal Grichuk, Ryan McMahon, Shohei Ohtani, Mickey Moniak, Moniak, Luis Castillo, Nico Hoerner, Marcus Stroman, Stroman, Seiya Suzuki, Tucker Barnhart, Joc Pederson, Thairo Estrada, Anthony DeSclafani Organizations: Cleveland Guardians, Houston Astros, Progressive, Pirates, Pittsburgh, Mets, Astros, Cleveland, Houston, Rangers, Tampa Bay, Rays, Blue Jays, Minnesota, Toronto, Twins, Phillies, Dodgers, Philadelphia, Detroit, Los, Braves, Nationals, Orlando, Atlanta, New York Mets, . Washington, Cardinals, Reds, Cincinnati, Cincinnati . White Sox, Marlins, Chicago, Miami, White Sox, Diamondbacks, Tigers, Red Sox, Yankees, Boston, Yankee Stadium, Orioles, Royals, Baltimore, Kansas City, Athletics, Brewers, Oakland, Milwaukee, Padres, Rockies, San Diego, Colorado, San, The Rockies, Mariners, Seattle, Angels, Cubs, Giants, Thomson Locations: Cleveland , Ohio, USA, York, Tampa, Texas, St . Petersburg, Fla, Minnesota, Los Angeles, Washington, ., Montgomery, Arizona, Detroit, New York, San, Denver, San Diego, Colorado, Anaheim , Calif, San Francisco
Bank of America Unlimited Cash Rewards Credit Card for Students Review: Is It the Best Card for You? If your credit falls short, consider other options like a secured credit card or a starter credit card that gives you a better shot at approval. Bank of America Unlimited Cash for Students RewardsMany student and no-annual-fee credit cards don't come with a sign-up bonus and don't earn rewards for ongoing spending, but the Unlimited Cash Rewards Credit Card for Students offers both. Bank of America Unlimited Cash Rewards for Students Benefits and FeaturesLike most student credit cards, the Unlimited Cash Rewards Credit Card for Students doesn't come with high-value benefits like travel insurance or airport lounge access. Methodology: How We Reviewed the Bank of America Unlimited Cash Rewards for StudentsWe compared the Bank of America Unlimited Cash Rewards Credit Card for Students to similar student and 0% APR credit cards from Bank of America and other card issuers, and evaluated several factors, including:Rewards earning potential — Does the card earn rewards at competitive rates?
Persons: it's, Cash, cardholders, Merrill, You'll, you've, doesn't, you'll, Uber, Peter Rothbart, he's, Peter, Read, Angela Fung Organizations: Bank of America, of America, Bank of America's, Reading Chevron, Students, BoA, Bank of America Bank of America, Students Bank of America, Students Review Bank of America, Student, Banks Bank of America, Capital, Wholesale, Card, Finance Locations: Seattle , Washington, Vegas, Pacific
[1/4] Li Yunze, director of China's National Financial Regulatory Administration (NFRA), speaks at the Lujiazui Forum in Shanghai, China June 8, 2023. REUTERS/Jason XueSHANGHAI/BEIJING, June 8 (Reuters) - China is open for investment, the country's top financial regulators told foreign financiers at a high-profile forum in Shanghai on Thursday, as concerns mount among foreign firms that they may no longer be welcome. "Opening up is China's long-term national policy, and the door of China's financial industry will only be opened wider and wider." Yi Huiman, chairman of the China Securities Regulatory Commission, told forum participants that China will "adamantly" push for deregulation in terms of market access, institution qualification and products. Internal circulation will be supported by "external circulation," as in foreign financing and China's interactions with the global economy.
Persons: Li Yunze, Jason Xue, Goldman Sachs Group's, David Solomon, Tesla's, Elon Musk, Xi, Merrill Lynch, Li, Jane Fraser, Yi Huiman, Noah Fraser, Yi, Joe Cash, Shri Navaratnam, Edmund Klamann, Kim Coghill Organizations: China's, Financial Regulatory Administration, REUTERS, HSBC, Credit Agricole, Mizuho Financial, Paypal, China Securities Regulatory Commission, Canada China Business Council, Shanghai, Thomson Locations: Shanghai, China, Jason Xue SHANGHAI, BEIJING, U.S, flashpoints, Ukraine, South, Beijing, Inner Mongolia, Russia, Mongolia
The Bank of America® Travel Rewards Credit Card for Students' introductory 0% APR period is excellent for a card that also earns rewards. Bank of America Travel Credit Card for Students RewardsYou won't always earn a welcome bonus or rewards for ongoing spending on student and no-annual-fee credit cards, but the Bank of America® Travel Rewards Credit Card for Students offers both. How to earn rewardsThe Bank of America® Travel Rewards Credit Card for Students has a simple, consistent rewards structure. Read our review Read Our Review A looong arrow, pointing rightBank of America Travel Rewards Credit Card for Students Annual Fee and Other CostsWith no annual fee and no foreign transaction fees, the Bank of America® Travel Rewards Credit Card for Students is suitable for budget travelers. Methodology: How We Reviewed the Bank of America Travel Rewards Credit Card for StudentsWe compared the Bank of America® Travel Rewards Credit Card for Students to similar student and 0% APR credit cards from Bank of America and other card issuers, and evaluated several factors, including:Rewards earning potential — Does the card earn rewards at competitive rates?
Persons: We're, cardholders, you've, you'll, That's, it's, It's, Peter Rothbart, he's, Peter, Read, Angela Fung Organizations: Bank of America, of America, Bank of America's, Business, Reading Chevron, The Bank of America, Bank of America Travel, Students, Merrill, Rewards, Cards Bank of America, Students Bank of America, Student, Banks Bank of America, Capital, Uber, Capital One Entertainment, Walmart, Target, Wholesale, Card, Finance Locations: Capital, Seattle , Washington, Vegas, Pacific
Bank of America Customized Cash Rewards Credit Card for Students Review: Is It the Best Credit Card for You? If your credit falls short, consider other options like a secured credit card or a starter credit card that gives you a better shot at approval. Bank of America Customized Cash for Students RewardsStudent and no-fee credit cards don't always come with welcome bonuses or earn rewards for ongoing spending, but the Customized Cash Rewards Credit Card for Students offers both. Bank of America Customized Cash Rewards for Students Benefits and FeaturesThe Customized Cash Rewards Credit Card for Students doesn't come with luxury benefits like airline and hotel status or expedited airport security. Methodology: How We Reviewed the Bank of America Customized Cash Rewards for StudentsWe compared the Bank of America® Customized Cash Rewards Credit Card for Students to similar student and 0% APR credit cards from Bank of America and other card issuers, and evaluated several factors, including:Rewards earning potential — Does the card earn rewards at competitive rates?
Persons: don’t, you'd, cardholders, Merrill, You'll, you've, doesn't, you'll, Peter Rothbart, he's, Peter, Read, Angela Fung Organizations: Bank of America, of America, Bank of America's, Mobile Banking, Reading Chevron, Students, Amazon, Target, Walmart, Costco, Sam's, Merrill, Credit Cards Bank of America, Students Bank of America, Student, Banks Bank of America, Capital, Uber, Capital One Entertainment, Wholesale, Finance Locations: Capital, Seattle , Washington, Vegas, Pacific
Six months into 2023, the S&P 500 is having an impressive year, returning more than 11% so far since January. Only 44% of S&P 500 stocks are trading above their 200-day moving averages, according to LPL Financial. Technology and consumer are the only sectors up on the year, and even they are exhibiting narrow breadth," he said. Bank of AmericaOf course, market breadth could improve if the fundamental economic outlook improves along with investor sentiment. If the labor market stays sturdy, a stock market rally could become more sustainable.
Persons: David Rosenberg, Mike Wilson, Here's David Rosenberg, Bank of America Merrill Lynch, Marcelli, Morgan Stanley, Adam Turnquist, Jeffrey Buchbinder, LPL, Savita Subramanian Organizations: Apple, Microsoft, Nvidia, Meta, Bank of America, Rosenberg Research, North, UBS, NYSE, Technology, of America's Locations: North American, China
Following are descriptions of key figures in the cabinet:MEHMET SIMSEK - FINANCE MINISTERFormer economy chief Simsek has been appointed as treasury and finance minister. He was highly regarded by financial markets when he served as finance minister and deputy prime minister between 2009 and 2018. HAKAN FIDAN - FOREIGN MINISTERFidan was appointed as foreign minister, replacing Mevlut Cavusoglu, who was one of the longest serving top Turkish diplomats. ALI YERLIKAYA - INTERIOR MINISTERAli Yerlikaya was appointed as interior minister and replaced Suleyman Soylu, who kept his position since 2018. Yerlikaya, 55, served as governor of provinces of Gaziantep, Tekirdag, Agri and Sirnak before.
Persons: Tayyip Erdogan, MEHMET SIMSEK, Simsek, Merrill Lynch, HAKAN FIDAN, Fidan, Mevlut Cavusoglu, Erdogan, YASAR, Yasar Guler, Hulusi Akar, CEVDET YILMAZ, Cevdet Yilmaz, Ali Yerlikaya, Suleyman Soylu, Yerlikaya, Burcu Karakas, Huseyin Hayatsever, Jonathan Spicer Organizations: FINANCE, U.S, Embassy, National Intelligence Organisation, MIT, Turkish Army, Turkish Development and Cooperation Agency, Kurdistan Workers Party, AK, Turkish, Commission, ALI, Ece Toksabay, Thomson Locations: ANKARA, Ankara, Oslo, Syria, Iraq, Istanbul, Yerlikaya, Gaziantep, Tekirdag
MLB roundup: Mookie Betts belts 2 HRs as Dodgers blast Yankees
  + stars: | 2023-06-03 | by ( ) www.reuters.com   time to read: +11 min
Dodgers left-hander Clayton Kershaw (7-4) matched his season high with nine strikeouts over seven innings while allowing two runs on four hits and one walk. Luis Severino (0-1) was tagged for seven runs on nine hits over four innings. Mariners starter Luis Castillo (4-3) was the hard-luck loser after allowing one run on five hits with six strikeouts over seven innings. Rosario had three of Atlanta's seven hits. Kansas City starter Jordan Lyles allowed one run and two hits in five innings, striking out eight and walking one.
Persons: Mookie Betts, Kirby Lee, Max Muncy, Betts, J.D, Martinez, Clayton Kershaw, Freddie Freeman, Josh Donaldson, Giancarlo Stanton, Luis Severino, Yordan Alvarez, Corey Julks slugged, Framber Valdez, Valdez, Ohtani, Mike Trout, George Springer, Daulton Varsho, Chris Bassitt, Bo Bichette, Whit Merrifield, Justin Verlander, Jon Gray, Gray, Will Smith, Julio Rodriguez, Luis Castillo, Robbie Grossman, Jorge Polanco's, Polanco, Bailey Ober, Will Brennan, Myles Straw, Jameson Taillon, Dansby Swanson, Ian Happ's, outdueled, Michael Wacha, Taillon, Mark Leiter Jr, Juan Soto, Manny Machado, Jake Cronenworth, Xander Bogaerts, Merrill Kelly, Kelly, Eddie Rosario, Miguel Castro, Charlie Morton, Rosario, Ke'Bryan Hayes, Josh Palacios, Louis . Hayes, Carlos Santana, Roansy Contreras, Yohan Ramirez, Brendan Donovan, Nolan Arenado, Nolan Gorman, Louis, Jack Flaherty, Giovanny Gallegos, Andruw Monasterio, Stuart Fairchild's grounder, Curt Casali, Bryse Wilson, Edward Cabrera, JJ Bleday, Jesus Sanchez, Luis Arraez, Lane Thomas, Washington, Jeimer Candelario, Luis Garcia, Alex Call, Thomas, Nick Castellanos smacking, Dalton Guthrie, Zack Wheeler, Tim Anderson, Andrew Benintendi, Eloy Jimenez, Mike Clevinger, Keynan Middleton, Kendall Graveman, Reese Olson, Olson, Ryan McMahon, Elias Diaz, Chase Anderson, Brent Suter, Edward Olivares, Drew Waters, MJ Melendez, Jordan Lyles, Gunnar Henderson, Dean Kremer, Kremer, Felix Bautista, Casey Schmitt, Logan Webb Organizations: Los Angeles Dodgers, New York Yankees, Dodger, USA, Dodgers, Yankees, Astros, Houston, Los, Angels, Blue Jays, Mets, Toronto, New, Rangers, Mariners, Seattle, ., Cleveland, Twins, Guardians, Cubs, Padres, Chicago, San, outdueled Padres, National League, Diamondbacks, Braves, Arizona, Atlanta, Cardinals, Pittsburgh, Pirates, Brewers, Reds, Milwaukee, Cincinnati, Great American, National League Central, Ball, Marlins, Athletics, Miami, Oakland, A's, Nationals, Phillies, Philadelphia, White Sox, Tigers, Detroit, Triple, Royals, Colorado, Kansas City, Rockies, Arizona Diamondbacks, Orioles, Giants, Baltimore, San Francisco, Thomson Locations: Los Angeles , California, USA, Los Angeles, Toronto, Texas, Arlington , Texas, . Texas, Minnesota, Minneapolis, San Diego, Phoenix, Oakland, Detroit, Toledo
Total: 25