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TradeBriefs Editorial

From the Editor's Desk

Everything You (Dont) Want to Know About Raising Capital

Most entrepreneurs understand that if the fundamentals of a business idea—the management team, the market opportunities, the operating systems and controls—are sound, chances are there’s money out there. The challenge of landing that capital to grow a company can be exhilarating. But as exciting as the money search may be, it is equally threatening. Built into the process are certain harsh realities that can seriously damage a business. Entrepreneurs cannot escape them but, by knowing what they are, can at least prepare for them.

Continued here


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Pope.L, Provocative Performance Artist, Dies at 68
Pope.L, Provocative Performance Artist, Dies at 68
Pope.L studied at Pratt Institute in Brooklyn and earned a bachelor’s degree at Montclair State College (now Montclair State University) in New Jersey in 1978. He also studied at the Whitney Museum Independent Study Program, the Mason Gross School of the Arts at Rutgers University and the Mabou Mines theater on St. Mark’s Place in Manhattan, which the playwright Lee Breuer described as teaching “a no man’s land between experimental theater and performance art.”

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Powerball jackpot rises to $760 million after no one wins grand prize
Powerball jackpot rises to $760 million after no one wins grand prize
The largest lottery jackpot in U.S. history stands at $2.04 billion and was won by a single Powerball ticket in California on Nov. 7, 2022. The winner, Edwin Castro, came forward earlier this year after months of speculation.





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Texas highway chase ends with police ripping apart truck's cab and pulling the driver out
Texas highway chase ends with police ripping apart truck's cab and pulling the driver out
Gonzalez said the driver continued to press the gas and hold on inside the cab as officers tried to drag him out. He said the driver appeared to be suffering from “heavy impairment” but that authorities don\'t know what was behind his behavior.

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Powerball jackpot rises to $760 million after no one wins grand prize
Powerball jackpot rises to $760 million after no one wins grand prize
The largest lottery jackpot in U.S. history stands at $2.04 billion and was won by a single Powerball ticket in California on Nov. 7, 2022. The winner, Edwin Castro, came forward earlier this year after months of speculation.



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Pasadena hotel workers to strike ahead of Rose Parade
Pasadena hotel workers to strike ahead of Rose Parade
“They’re paying to get a good service from all the hotel — from housekeeping, kitchen, servers — and we’re not here, so they’re not going to get what they’re expecting,” Tostado said. 

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Surfers at Zuma Beach await the biggest swell of the year
Surfers at Zuma Beach await the biggest swell of the year
The steady rise in wave size and strength will likely bring more surfers to the beaches over the next 48 hours. Surfers say they\'re closely watching conditions on apps where the cleanest sets will roll in.



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Woman killed with sledgehammer at El Camino College on Christmas Eve. Motive still a mystery
Woman killed with sledgehammer at El Camino College on Christmas Eve. Motive still a mystery
Andrew J. Campa is a member of the Fast Break team at the Los Angeles Times, having previously covered the Eastside and San Gabriel Valley. Before, he worked at several medium and small daily newspapers and has covered education, sports and general news. He’s a proud University of Alabama (#RollTide), Cal State Fullerton and Pasadena City College alumnus.

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At a Filipino-Cuban Nochebuena celebration, cultures blend — but karaoke is a must
At a Filipino-Cuban Nochebuena celebration, cultures blend — but karaoke is a must
Alejandra Molina is a reporter with the Latino Initiatives team at the Los Angeles Times. Before joining The Times in 2023, she was a national reporter for the independent and nonprofit Religion News Service as part of a global religion journalism initiative with the Associated Press and the Conversation. There, she covered Latinos and spirituality. She has worked for newsrooms under the Southern California News Group, covering city, immigration and breaking news beats. She grew up in the L.A. region, including El Monte and Pomona. A graduate of the University of La Verne, she mentors youth journalists at Boyle Heights Beat.

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New Year’s Eve in New York: What to Do, See and Eat
New Year’s Eve in New York: What to Do, See and Eat
And how’s this for an inter-boro triple feature: The Nighthawk Cinema in Prospect Park shows “When Harry Met Sally” at 11 a.m. The Museum of the Moving Image has “The Wicker Man” at 3 p.m. And at Film Forum, a ticket to the 8:15 p.m. showing of “The Third Man” comes with free bubbly.

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The Building Spree That Reshaped Manhattan’s Skyline? It’s Over.
The Building Spree That Reshaped Manhattan’s Skyline? It’s Over.
“There is a handful of trophy buildings in New York that can get those types of rents,” said Mr. Millon at CBRE. “But there’s limited space: You’ll have to knock something down to go back up with it.”

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Pro-Palestinian Protests Block Traffic at New York and L.A. Airports
Pro-Palestinian Protests Block Traffic at New York and L.A. Airports
Only a few days before Wednesday’s protests in New York City and Los Angeles, pro-Palestinian activists organized a similar demonstration in Chicago. A multicar caravan led by the U.S. Palestinian Community Network blocked roads leading into O’Hare International Airport, according to news reports.

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In Bid to Slow Migrant Surge, Adams Restricts Bus Arrivals Into New York
In Bid to Slow Migrant Surge, Adams Restricts Bus Arrivals Into New York
Jeffery C. Mays is a reporter on the Metro desk who covers politics with a focus on New York City Hall. A native of Brooklyn, he is a graduate of Columbia University. More about Jeffery C. Mays

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Man Accused in Grand Central Stabbing Had Repeated Run-Ins With Police
Man Accused in Grand Central Stabbing Had Repeated Run-Ins With Police
As the family tried to escape, he stabbed the second girl in the leg, according to the criminal complaint. Neither injury was life-threatening, and the girls were taken to Bellevue Hospital, where the older sister was treated for a collapsed lung, according to officials and the complaint.

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Former partner sues BofA over Commanders sale
Former partner sues BofA over Commanders sale
On July 20, NFL owners unanimously approved Snyder\'s sale of the Commanders to Harris and two dozen limited partners for $6.05 billion, an American sports franchise record. That same day, following an investigation, the NFL fined Snyder $60 million for sexual harassment allegations against him, the team\'s toxic workplace culture and \"financial improprieties.\"

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Bowl takeaways: West Virginia eats up mayo; USC may have found new QB
Bowl takeaways: West Virginia eats up mayo; USC may have found new QB
On the heels of his announcement that he would return to Cal next season, Golden Bears star running back Jaydn Ott struggled against Texas Tech\'s defense. Ott, who totaled 1,260 rushing yards and 11 touchdowns this season, accounted for 45 yards on 16 carries and one touchdown in the bowl game. The Red Raiders\' offense, meanwhile, scored four touchdowns thanks to three touchdown passes from Behren Morton. The sophomore quarterback spread the ball around to seven different receivers, three of whom averaged more than 12 yards per catch. Tech defense stepped up in its own way, picking off Cal quarterback Fernando Mendoza three times and forcing him into two fumbles that proved too much to overcome. -- Uggetti

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Franco summoned to answer complaint in D.R.
Franco summoned to answer complaint in D.R.
\"We support Major League Baseball\'s decision to place Wander Franco on administrative leave,\" the Rays said at the time. \"The Tampa Bay Rays are dedicated to maintaining high standards of integrity both on and off the field. We appreciate the understanding and patience of our fans and followers as this process unfolds. We will have no further statement on this matter until MLB completes their process.\"

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Broncos bench Wilson, will start Stidham at QB
Broncos bench Wilson, will start Stidham at QB
What the Broncos do with Wilson moving forward will be the biggest roster decision they face in the offseason. The Broncos have just six draft picks in April, with no second-rounder, and would face unprecedented dead money charges of $85 million combined over the 2024 and 2025 seasons if they cut Wilson.

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The Fed may be done hiking interest rates, but get ready for more corporate defaults in 2024, Fitch Ratings says
The Fed may be done hiking interest rates, but get ready for more corporate defaults in 2024, Fitch Ratings says
\"The higher default rate expectations for 2024 reflect ongoing macroeconomic headwinds, including the impact of still high interest rates and a slowdown in the U.S. economy in 2024 relative to 2023,\" it said. \"However, Fitch does not forecast a recession for the U.S. in 2024.\"

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You've got 'your head in the sand' to be bearish in this market, as investors move to greed from fear, Morgan Stanley portfolio manager says
You've got 'your head in the sand' to be bearish in this market, as investors move to greed from fear, Morgan Stanley portfolio manager says
One way to see that playing out in stocks right now is how the equal-weighted S&P index has been lagging behind the cap-weighted index — which means that most stocks are still behind the Magnificent Seven stocks that account for most gains this year.

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Why SoFi Stock Could Have an Amazing 2024
Why SoFi Stock Could Have an Amazing 2024
Jose Najarro has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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US and Mexico in talks to limit surge of migrants reaching border
US and Mexico in talks to limit surge of migrants reaching border
In May, Mexico agreed to take in migrants from countries such as Venezuela, Nicaragua and Cuba who had been turned away by the US for not following rules that provided new legal pathways to asylum and other forms of migration.

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Herb Kohl, former owner of Milwaukee Bucks, dies aged 88
Herb Kohl, former owner of Milwaukee Bucks, dies aged 88
In 2001, he was one of just a dozen Democratic senators to vote for President George W Bush’s tax cuts, but he voted against the cuts in 2003. He also voted to authorize military force against Iraq in 2002.

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Colorado Republicans appeal to supreme court after Trump disqualified from state ballot
Colorado Republicans appeal to supreme court after Trump disqualified from state ballot
Courts have rejected several lawsuits seeking to keep Trump off the primary ballot in other states. Minnesota’s top court rebuffed an effort to disqualify Trump from the Republican primary in that state but did not rule on his overall eligibility to serve as president last month and on Wednesday Michigan’s supreme court upheld a lower court order allowing him to remain on the state ballot.

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John Oates opens up about Daryl Hall amid bitter legal battle: 'I have moved on'
John Oates opens up about Daryl Hall amid bitter legal battle: 'I have moved on'
The duo, behind hits including Private Eyes, Rich Girl, Maneater and You Make My Dreams, formed in 1972 and have never officially broken up. But in his declaration in November, Hall said that the pair were already engaged in a less fractious "global divorce" that will bring their creative partnership to a close.

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Zero onshore wind plans submitted in England since de facto ban was 'lifted'
Zero onshore wind plans submitted in England since de facto ban was 'lifted'
"Every household in Britain is paying higher energy bills because of Rishi Sunak's staggering failure to end the onshore wind ban," he said. "The Conservatives have artificially inflated energy bills, and make the UK's energy system dependent on fossil fuel dictators, because they ludicrously oppose cheap, clean power for our country.A spokesperson for the levelling up department said: "We've updated the national planning policy framework to make it easier and quicker for onshore wind projects to come forward, where there is local support. These changes will need time to take effect but will ultimately pave the way for more projects while ensuring that the views of the community are taken into account."

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UK weather: thousands without power in Scotland after Storm Gerrit
UK weather: thousands without power in Scotland after Storm Gerrit
A storm is named when it is deemed to have the potential to have a medium or high impact on the UK or Ireland. The Met Office and Met Éireann launched the scheme in 2015 to name storms as part of an effort to raise awareness of extreme weather events.

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Tornado damages homes in Greater Manchester as Storm Gerrit batters Britain
Tornado damages homes in Greater Manchester as Storm Gerrit batters Britain
Storm Gerrit also brought plenty of rain, with the Great Langdale valley in the Lake District recording 80mm – nearly half the usual 178mm monthly rainfall for December, the Met Office said.

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Post Office breaks daily cash withdrawal record amid cost of living crisis
Post Office breaks daily cash withdrawal record amid cost of living crisis
“Business cash deposits being made on Christmas Day indicate just how vital it is that pub and restaurant owners have somewhere open and convenient to deposit their much-needed Christmas cash takings ahead of a quieter January.”

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Many hostages released by Hamas still being treated for trauma
Many hostages released by Hamas still being treated for trauma
He said recovery was possible even in severely traumatised children, but only if the outside world did not give up on them. “I can see the seeds of that even now in the young people with whom our Gaza team is working amid bombs in shelters and on the rubble crowded streets,” he said. “I think how they will ultimately respond and act is largely a question of how much understanding they receive, how great a sense of control they can achieve, and how much material as well psychological support they get from a world which they feel has largely abandoned them.”

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Israel-Gaza war live: Macron calls for 'lasting ceasefire' as Israel intensifies attacks on Gaza
Israel-Gaza war live: Macron calls for 'lasting ceasefire' as Israel intensifies attacks on Gaza
Benjamin Netanyahu has allegedly refused requests from security officials to begin making plans for control and governance of the Gaza Strip after the war ends, according to a report. Multiple requests were conveyed on behalf of the directors of the Mossad, the Shin Bet security agency, the Israel Defence Forces (IDF) chief of staff and the defence ministry to arrange a meeting with the prime minister's office, Israeli media reported. Meanwhile, a White House official has said national security adviser, Jake Sullivan, and Israel's strategic affairs minister, Ron Dermer, have discussed planning for the day after the Israel-Gaza war, including governance and security in Gaza.

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Russian rapper jailed amid backlash over 'almost naked' party at Moscow nightclub
Russian rapper jailed amid backlash over 'almost naked' party at Moscow nightclub
"It is time to understand that no one will let you live as before in exchange for quietly consenting to the regime's policies. You are required to actively participate in all the disgusting actions and activities of this government."

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Thursday briefing: Ukrainians believe they can win, but a breakthrough in 2024 looks remote
Thursday briefing: Ukrainians believe they can win, but a breakthrough in 2024 looks remote
If you are reading this on the app, over the Christmas period the headlines and sport will not appear. To get the full First Edition experience in your inbox every morning please sign up here.

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Russia-Ukraine war live: US state department calls on Congress to 'act swiftly' to resume flow of aid to Kyiv
Russia-Ukraine war live: US state department calls on Congress to 'act swiftly' to resume flow of aid to Kyiv
Russian President Vladimir Putin must be stopped in his war against Ukraine or all of Europe will pay a much higher price, Moldova's pro-European president, Maia Sandu, said in an interview published on Wednesday.

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Wieambilla shooting: lawyers for Donald Day mount freedom-of-speech defence over alleged threats to police
Wieambilla shooting: lawyers for Donald Day mount freedom-of-speech defence over alleged threats to police
“We know that the offenders [Gareth and Stacey Train] executed a religiously motivated terrorist attack in Queensland,” she said. “They were motivated by Christian extremist ideology and subscribe to the Christian fundamentalist belief system known as premillennialism.

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Queensland weather: state braces for heatwave as thousands face prospect of days without power
Queensland weather: state braces for heatwave as thousands face prospect of days without power
“Use a cold towel or if there is power on at the local library or at a shopping centre, go there and just keep your temperature down if you’re starting to experience some signs and symptoms of heat stress,” she said.

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Rescue crews suspend search for swimmer missing off NSW south coast since Boxing Day
Rescue crews suspend search for swimmer missing off NSW south coast since Boxing Day
“Despite an extensive search of the water and surrounding land for the past two days, the 19-year-old man from Sydney has not been located, and the search was suspended at midday Thursday,” NSW police said in a statement.

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'Roaring like the ocean': campers survey aftermath of Victorian flash flood that left two dead
'Roaring like the ocean': campers survey aftermath of Victorian flash flood that left two dead
Basford urged people to still visit the town, despite the flood forcing the closure of its famous caves, and said the council was exploring the possibility of establishing temporary alternative camping grounds nearby.

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Teenage boy killed in fatal shark attack near Ethel Beach in South Australia
Teenage boy killed in fatal shark attack near Ethel Beach in South Australia
A snap ban on school trips to beaches was called in the state in November after a shark bit a 32-year-old woman on the head at Port Noarlunga beach, 30km south of Adelaide, leaving her with serious but non life-threatening injuries.

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Pair accused of robbing house of alleged triple-murderer Erin Patterson
Pair accused of robbing house of alleged triple-murderer Erin Patterson
Two people are under arrest following an alleged burglary at the home of accused triple murderer Erin Patterson in Victoria’s east.The 49-year-old is currently behind bars charged with three counts of murder after allegedly serving death cap mushrooms in a meal at the residence.She is also charged with five counts of attempted murder.A person claiming to be her friend took to social media on Wednesday to ask for help after the Leongatha home was allegedly robbed.“Need some help from the community,” the post read.“We have had a friends house broken into in Leongatha 3 times over the last month or so [sic].”The post claimed several items had been stolen including a car, televisions and vacuum cleaners.It included several images of a person on what appeared to be the deck of Patterson’s home wearing a cap and cloth over their face.On Thursday afternoon, Victoria police confirmed officers expect to charge a woman and a man over a burglary in Leongatha on Christmas Eve.A red MG Sedan was allegedly stolen during the burglary, a spokesperson said.A woman, 23, and a man, 18, from the Melbourne suburb of Cheltenham were arrested in the allegedly stolen car at 1am on Thursday.Both are expected to be charged on summons to appear at a later date.Police allege Patterson killed her former in-laws Don and Gail Patterson, both 70, and Gail’s sister Heather Wilkinson, 66.All three died in hospital days after consuming a meal at her home on 29 July.She is also accused of attempting to murder Wilkinson’s husband Ian, 68, who spent close to two months in hospital critically ill.Police will allege she attempted to murder her ex-husband Simon Patterson four times.Erin Patterson has denied any wrongdoing.

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Herb Kohl, former 4-term Democratic U.S. senator and owner of the NBA's Milwaukee Bucks, dies at 88
Herb Kohl, former 4-term Democratic U.S. senator and owner of the NBA's Milwaukee Bucks, dies at 88
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Nuggets' Gordon Needs 21 Stitches After Cuts To Face And Hand From Dog Bite, AP Source Says
Nuggets' Gordon Needs 21 Stitches After Cuts To Face And Hand From Dog Bite, AP Source Says
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Boebert Switches Congressional Districts, Avoiding A Democratic Opponent Who Has Far Outraised Her
Boebert Switches Congressional Districts, Avoiding A Democratic Opponent Who Has Far Outraised Her
By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.

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A Statue’s Hips Don’t Lie: Shakira Is Honored in Her Hometown
A Statue’s Hips Don’t Lie: Shakira Is Honored in Her Hometown
Amparo Pacheco, a 62-year old Colombian businesswoman who was visiting from Spain, where she lives, said the “sculpture makes you feel like you’re in the Caribbean. She is from this land.”

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A Pint of Wine? Britain Plans to Bring Back an Old-Fashioned Measure.
A Pint of Wine? Britain Plans to Bring Back an Old-Fashioned Measure.
So it’s uncertain whether any wine producers will opt into the new-old measurement. But at least one British person might have welcomed the change, were he still alive: a quip famously attributed to Churchill was his claim that a pint of champagne was just “enough for two at lunch and one for dinner.”



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