The European Union has opened a formal investigation into Shein after French regulators found listings for " child-like sex dolls " on the retail platform last year. The investigation will assess whether the systems Shein is using to curb illegal product sales are compliant with the EU's Digital Services Act (DSA), according to the European Commission , including "content which could constitute ch...
The European Union has opened a formal investigation into Shein after French regulators found listings for " child-like sex dolls " on the retail platform last year. The investigation will assess whether the systems Shein is using to curb illegal product sales are compliant with the EU's Digital Services Act (DSA), according to the European Commission , including "content which could constitute child sexual abuse material." The commission will also examine the transparency of Shein's content recommendation systems, and concerns regarding the retailer's "addictive design," including gamified programmes that give points and other rewards to sh … Read the full story at The Verge.
Civil rights leader, politician, campaigner; the Rev Jackson was a phenomenal orator, and a brilliant organiser. Writers reflect on his impact around the world Jesse Jackson – a life in pictures Jesse Jackson tributes – latest updates Continue reading...
Civil rights leader, politician, campaigner; the Rev Jackson was a phenomenal orator, and a brilliant organiser. Writers reflect on his impact around the world Jesse Jackson – a life in pictures Jesse Jackson tributes – latest updates Continue reading...
(RTTNews) - Stock of Orion S.A. (OEC) is moving down about 13 percent during Tuesday morning trading after reporting a net loss of $21.1 million, or $0.38 per share, for the fourth quarter compared with a profit of $17.2 million, or $0.30 per share, in the prior year.
(RTTNews) - Stock of Orion S.A. (OEC) is moving down about 13 percent during Tuesday morning trading after reporting a net loss of $21.1 million, or $0.38 per share, for the fourth quarter compared with a profit of $17.2 million, or $0.30 per share, in the prior year.
Host says lawyers barred him from discussing decision to drop Texas Democrat segment amid FCC rules scrutiny The talkshow host Stephen Colbert has accused the Trump administration of censoring critics after CBS pulled his interview with a Texas Democrat on Monday, apparently at the behest of the Federal Communications Commission (FCC). Colbert told viewers of the Late Show that network lawyers tol...
Host says lawyers barred him from discussing decision to drop Texas Democrat segment amid FCC rules scrutiny The talkshow host Stephen Colbert has accused the Trump administration of censoring critics after CBS pulled his interview with a Texas Democrat on Monday, apparently at the behest of the Federal Communications Commission (FCC). Colbert told viewers of the Late Show that network lawyers told him he was also prohibited from talking about their refusal to air his interview with James Talarico, a Texas state representative seeking his party’s nomination to challenge the Republican incumbent, John Cornyn, for a senate seat in November. Continue reading...
Chief executive officers at the top US banks all received annual compensation of at least $40 million, with their total pay surpassing records set in 2006 and 2021. Katherine Doherty reports on "Bloomberg Open Interest." (Source: Bloomberg)
Chief executive officers at the top US banks all received annual compensation of at least $40 million, with their total pay surpassing records set in 2006 and 2021. Katherine Doherty reports on "Bloomberg Open Interest." (Source: Bloomberg)
The S&P 500 Index ($SPX ) (SPY ) today is down -0.57%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.10%. March E-mini S&P futures (ESH26 ) are down -0.62%, and March E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.57%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.10%. March E-mini S&P futures (ESH26 ) are down -0.62%, and March E-mini Nasdaq futures...
Tom Werner/DigitalVision via Getty Images I haven't reviewed Genuine Parts Company ( GPC ) in about a year, a bit more. You can find my last article here. The company represents a relatively small position in my portfolio. The reason is simple. While the company was appealing at the time of my last purchase in terms of valuation, the timing also coincided with a serious drop in the USD pairing to ...
Tom Werner/DigitalVision via Getty Images I haven't reviewed Genuine Parts Company ( GPC ) in about a year, a bit more. You can find my last article here. The company represents a relatively small position in my portfolio. The reason is simple. While the company was appealing at the time of my last purchase in terms of valuation, the timing also coincided with a serious drop in the USD pairing to most other currencies I work with (SEK/EUR). The USD has since dropped over 10% and hasn't recovered, only dropped more. That means that despite a good ROR and almost doubling the SPY, as you can see below, my own return is actually less than the SPY at this point - simply due to FX. I don't have "currency accounts" on the broker where I have GPC, which means that my positions are always traded at real-time translated currency rates. Seeking Alpha GPC RoR This teaches us two things. First of all, get a broker with an FX account possibility if you can so that you control the exchange rate. If you start investing more seriously (whatever that may mean for you), this becomes more important than before. Secondly, understanding that FX actually matters. I'm not a forex trader, but to be cognizant of FX movement and how the various currencies typically go is not a bad thing. Knowing when, for instance, the USD is at its peak or low is relevant. It's why for the past 18 months, I haven't invested much in US-based companies, instead waiting for the currency to find its low - which, based on the trends for the past 4 months, I now believe that it has. The last time I reviewed GPC, it was following a significant decline in its share price. This was triggered by 4Q results. We're now about a year later, and the company has recovered a bit due to a mix of reasons - but at the same time, volatility is still very clearly there. It's fair to characterize not only GPC but the sector as in a transitionary period. Its market position and its strategic approach have allowed the company to sta...
fcafotodigital/iStock via Getty Images Introduction Since the summer of 2024, I have reviewed many of the six preferred stocks offered by Rithm Capital Corp. ( RITM ), with my Buy rating changing each time. A link to each article is provided at the end of this one. Here I will compare those preferreds and provide my current best choice of these three: Rithm Capital Corp., 7.125% Ser B Fixed/Float ...
fcafotodigital/iStock via Getty Images Introduction Since the summer of 2024, I have reviewed many of the six preferred stocks offered by Rithm Capital Corp. ( RITM ), with my Buy rating changing each time. A link to each article is provided at the end of this one. Here I will compare those preferreds and provide my current best choice of these three: Rithm Capital Corp., 7.125% Ser B Fixed/Float Cumul Red Prfrd Stock ( RITM.PR.B ). Rithm Capital Corp, 6.375% Ser C Fixed/Float Cumul Red Prfrd Stock ( RITM.PR.C ). Rithm Capital Corp. Reset Rate Series D Cumulative Preferred Stock ( RITM.PR.D ). I am retaining my Buy rating on the Series C issue with the caveat Rithm Capital's new F series should be considered instead. A link covering that issue is provided later. Rithm Capital Review When deciding if a preferred stock yields enough to cover its potential non-payment risks, it's best to start by understanding the issuer. Seeking Aloha describes Rithm Capital as: Rithm Capital Corp. provides capital and services to the real estate and financial services sectors in the United States. Its investment portfolio comprises mortgage servicing related assets, residential securities and loans, and consumer loans. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011. They are involved in the following asset classes . Residential Mortgage Loans : Residential real estate loans, including Agency, Non-Agency, Non-QM, and Scratch & Dent. Consumer Loans : Unsecured consumer loans and loans backed by household debt (e.g., auto loans, credit cards, personal installment loans). Mortgage Servicing Rights : MSRs originated organically by Rithm op...
Renewable energy company Ormat Technologies said on Tuesday that it has entered into a long-term geothermal power purchase agreement with NV Energy to support Google's operations in Nevada. The agreement for 150 megawatts of new geothermal capacity would allow Ormat to develop a series of new geothermal projects across Nevada, which will come online between 2028 and 2030. Ormat said the agreeme...
Renewable energy company Ormat Technologies said on Tuesday that it has entered into a long-term geothermal power purchase agreement with NV Energy to support Google's operations in Nevada. The agreement for 150 megawatts of new geothermal capacity would allow Ormat to develop a series of new geothermal projects across Nevada, which will come online between 2028 and 2030. Ormat said the agreement provides a scalable way for utilities and major users such as Google to invest in clean, reliable power while covering all service costs.
By bringing an enhanced video podcasts viewing experience to its app, Apple is aiming to keep users from turning to rival platforms to watch their favorite shows.
By bringing an enhanced video podcasts viewing experience to its app, Apple is aiming to keep users from turning to rival platforms to watch their favorite shows.