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TradeBriefs Editorial

From the Editor's Desk

Sucking Carbon from the Air Becomes A Lead Strategy - Scientific American (No paywall)

The first, biomass carbon removal, uses organic materials — including trees, other plants, algae or even animal products — that naturally draw carbon dioxide out of the atmosphere. The biomass can then be harvested and used to produce energy, paired with carbon capture and storage technology to snatch the emissions it produces before they go back into the atmosphere. Or it could be harvested and stored to keep the emissions contained.

The third opportunity calls for test bed facilities involving multiple carbon removal pathways combined. These could include both biomass and mineralization removal projects, but could also involve other strategies like direct air capture — machines that suck carbon dioxide straight out of the atmosphere.

Continued here


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Is it cheaper to rent or buy property? - The Economist (No paywall)  
  

Is it cheaper to rent or buy property?
We crunch the house-price data across every American county—and make a surprising finding


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Star Macquarie banker who earned more than CEO quits after 28 years - FT (No paywall)  
  

Nick O’Kane is leaving after building booming commodities division at Australian group


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Russia puts Estonia’s prime minister on wanted list - FT (No paywall)  
  

Moscow’s charges against Kaja Kallas appear to be linked to her government’s push to remove Soviet-era monuments


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Most Nato members to hit spending target as alliance braces for potential Trump win - FT (No paywall)  
  

Eighteen of 31 countries are set to spend 2 per cent of GDP on defence, officials say


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Unicorn companies aren't that special anymore  
  

Unicorn companies aren't that special anymore
While public companies have market caps that are easy to calculate, several factors go into informing the value of a startup, ranging from growth projections to a founder’s ego, as Quartz has written about previously. As a result, it’s possible that when unicorns finally decide to IPO, they end up going public at lower-than-expected valuations.


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How satellite connectivity startup Skylo hooked backers such as Intel, BMW and Samsung to raise $37 million  
  

How satellite connectivity startup Skylo hooked backers such as Intel, BMW and Samsung to raise $37 million
\"Sklyo is technically satellite agnostic, so as these different satellite providers come on and start supporting different things they may add other partners to their portfolio,\" Johnson said.


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K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million  
  

K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million
\"The goal is really to get into [the larger facility] by the end of the year and be able to start switching gears into mass production … to really make sure we\'re hitting the scale that our customers are asking for,\" Karan Kunjur said.


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‘Women for Nikki’ Coalition Courts Group It Sees Trump Putting Off  
  

‘Women for Nikki’ Coalition Courts Group It Sees Trump Putting Off
“What I will tell you is there will be a female president of the United States,” she said to cheers during a bus tour stop on Saturday in Greenwood, S.C. “The hard truth is, it’s either going to be me or Kamala Harris.”


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Meeting 116-Year-Old Edith Ceccarelli, the Oldest Person in America  
  

Meeting 116-Year-Old Edith Ceccarelli, the Oldest Person in America
Robert Young of the Gerontology Research Group, an organization based in Los Angeles that studies supercentenarians (people who reach 110), told me that Ceccarelli was the 29th person on record to turn 116. Her contemporaries, if they were still alive, would be Lyndon B. Johnson, Lucille Ball and Mother Teresa.


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Ukraine claims Russia is buying Starlink terminals in 'Arab countries' after Elon Musk denied selling to Russian forces  
  

Ukraine claims Russia is buying Starlink terminals in 'Arab countries' after Elon Musk denied selling to Russian forces
In the weeks leading up to Russia’s invasion of Ukraine in February 2022, US government contractor DAI began searching for equipment to keep the Ukrainian government connected amid fears of Russian physical and cyberattacks, according to documents Quartz obtained through a Freedom of Information Act request in 2022. Thousands of Starlink’s satellite internet terminals were sent to Ukraine in March 2022.


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JetBlue stock is taking off after Carl Icahn revealed his stake in the company  
  

JetBlue stock is taking off after Carl Icahn revealed his stake in the company
On the upside, Icahn also successfully led a campaign against Illumina’s acquisition of cancer test maker Grail, which he claimed was mismanaged for shareholders. More recently, Ohio-based American Electric Power announced Monday that it reached a deal with Icahn Capital, giving Icahn control of two board seats.


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US inflation slows by less than expected  
  

US inflation slows by less than expected
\"The Fed has always maintained that they are data dependent, and they are said to be keen to avoid the mistakes of the 1970s (when rates were cut too early and the US economy suffered a second, more painful round of inflation),\" he said.


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New Yorkers brave heavy snow to vote in special election to replace ex-Rep. George Santos  
  

New Yorkers brave heavy snow to vote in special election to replace ex-Rep. George Santos
Last year, a federal grand jury in Long Island charged Santos with an array of crimes, including spending campaign contributions on personal luxury goods and lying on his House financial disclosure forms.


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Shopify shares down after company reports light guidance  
  

Shopify shares down after company reports light guidance
Shopify called for first-quarter revenue to grow at a \"low-twenties percentage rate,\" which it said would translate into a year-over-year growth rate in the mid- to high-20s when adjusting for the sale of its logistics business. In May, the company offloaded its last-mile Deliverr and fulfillment units to Flexport.


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How San Francisco staged a surprising comeback - The Economist (No paywall)  
  

How San Francisco staged a surprising comeback
Forget the controversy. America’s tech capital is building the future


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Mexican drug cartels are targeting America’s ‘last best place’  
  

Mexican drug cartels are targeting America’s ‘last best place’
Cartel associates have flooded Montana with fentanyl and meth – and also set up operations on Indian reservations, where law enforcement is scarce.


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Lael Brainard slams food companies for 'shrinkflation' as White House attacks price gouging  
  

Lael Brainard slams food companies for 'shrinkflation' as White House attacks price gouging
\"The president is going to continue emphasizing that input costs have come down, supply chains have healed,\" Brainard said. \"He\'s going to keep calling on corporations to pass those savings on to the American consumer.\"


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1 Huge Social Security Problem Many Retirees Aren't Prepared For  
  

1 Huge Social Security Problem Many Retirees Aren't Prepared For
If you\'re like most Americans, you\'re a few years (or more) behind on your retirement savings. But a handful of little-known \"Social Security secrets\" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $22,924 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we\'re all after. Simply click here to discover how to learn more about these strategies.


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Australia news live: one dead in Victoria storms after power outage and fires; Bruce Lehrmann defamation trial - latest updates  
  

Australia news live: one dead in Victoria storms after power outage and fires; Bruce Lehrmann defamation trial - latest updates
There is significant damage statewide caused by those storms and much of it is localised damage, which is why your power may be out … I think if you can look out the window or walk out the front door and see that trees are down across roads, trees are down and impacting across powerlines, that is possibly why the power is out and why the teams are out there undertaking the rapid assessments to get the power reconnected.


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Victoria storms: farmer killed, homes lost in fires and power outages for hundreds of thousands across state  
  

Victoria storms: farmer killed, homes lost in fires and power outages for hundreds of thousands across state
“It will be interesting trying to replace [plants], but it’s the people who’ve lost their houses we’re more concerned about. We’ll soldier on. We can do a bit of replanting and do whatever we can do,” he said.


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French regulator to look into CNews channel after 'opinion media' allegation  
  

French regulator to look into CNews channel after 'opinion media' allegation
"CNews has become something of a novelty in our media landscape, resembling the kind of opinion channel that exists in other countries. Particularly in the United States. We often talk about the French Fox News. It's an interesting case," Maistre told students.


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Mahsa Amini's uncle sentenced to five years in jail over Iran protests, rights groups say  
  

Mahsa Amini's uncle sentenced to five years in jail over Iran protests, rights groups say
The protests after Amini's death shook Iran's Islamic authorities but have now subsided in the face of a crackdown in which rights groups said hundreds were killed and the UN tallied thousands arrested.


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Houthis strike Iran-bound grain ship in first Red Sea attack in six days  
  

Houthis strike Iran-bound grain ship in first Red Sea attack in six days
The US was not given the discretion to use Djibouti as a war base against Yemen. Djibouti’s foreign minister, Mahmoud Ali Youssouf, confirmed that his country would not condemn the Houthi attacks in the Red Sea and the Bab al-Mandab strait, considering them a “legitimate relief for the Palestinians.”


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Trial offers hope for millions that jab could prevent rheumatoid arthritis  
  

Trial offers hope for millions that jab could prevent rheumatoid arthritis
Prof Lucy Donaldson, of the charity Versus Arthritis, welcomed the findings, adding: “This research highlights how important it is to spot the early signs of arthritis to give us a chance at stopping it in its tracks, offering hope to thousands of people living with – or at risk of developing – rheumatoid arthritis.”


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Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs?  
  

Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs?
Susannah Snider, CFP® is SmartAsset’s financial planning columnist, and answers reader questions on personal finance topics. Got a question you’d like answered? Email [email protected] and your question may be answered in a future column.


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Steve Wright, BBC Radio presenter, dies aged 69  
  

Steve Wright, BBC Radio presenter, dies aged 69
Thomas added: “Steve was the first presenter I ever produced, more than 20 years ago, and I remember the pure amazement I felt, sitting opposite this legendary broadcaster whose shows I had listened to and marvelled at whilst growing up in Hull.”


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'I love him': Díaz tribute to injured Bellingham  
  

'I love him': Díaz tribute to injured Bellingham
\"After two years in Milan he looks stronger, with more character,\" coach Carlo Ancelotti said, when asked about Díaz. \"He started the season without playing much, but when he\'s got an opportunity, he\'s always contributed. Today he scored a spectacular goal.\"


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Women's Bracketology: Ohio State, Oregon State shake up top 16  
  

Women's Bracketology: Ohio State, Oregon State shake up top 16
In this projection, the committee selects and seeds the 16 best available teams. There are no automatic qualifiers, although all non-competing conference champions receive the designated revenue unit.


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The NBA has a wild history of successful game protests  
  

The NBA has a wild history of successful game protests
Here comes the fun part: These teams actually made a trade with each other between the original game and the replay. Because of this, Eric Money, Harvey Catchings and Ralph Simpson ended up playing for both the Nets and 76ers -- the only players in NBA history to hit the court for both teams in the same game, according to ESPN Stats & Information research.


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Man City dominant yet again in the Champions League: Can anyone stop them?  
  

Man City dominant yet again in the Champions League: Can anyone stop them?
City haven\'t been knocked out of the Champions League in the last 16 since losing to Monaco in 2017 and everything points to that run being extended once Copenhagen pay a visit to the Etihad. Guardiola, though, will have his sights set much higher, and given their record in knockout ties, you wouldn\'t bet against another final appearance at Wembley in June.


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'Nasty': Word of Yoshinobu Yamamoto's stuff quickly spreading through Dodgers camp  
  

'Nasty': Word of Yoshinobu Yamamoto's stuff quickly spreading through Dodgers camp
\"It\'s easy to appreciate what he has accomplished,\" Friedman said, \"but it takes it up a whole other level when you watch the way he competes, when you see his routine and just what a freak athlete he is.\"


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Real Madrid's might is evident on and off the field, but success isn't guaranteed  
  

Real Madrid's might is evident on and off the field, but success isn't guaranteed
The club is in a powerful position to inspire shock and awe, no question about it. But there are one or two things at the Bernabéu that are still a bit shocking and could yet spell disaster to their grand plans, too.


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Caitlin Clark ultimate guide: The Iowa senior's pursuit of the NCAA scoring record  
  

Caitlin Clark ultimate guide: The Iowa senior's pursuit of the NCAA scoring record
If @CaitlinClark22 gets drafted to the @IndianaFever this summer, I believe she will put up MVP-caliber numbers as a rookie. While her opponents will be at a different skill level than in college, her teammates will be at another level as well. Her game translates.


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By the numbers: Shaq's run with the Orlando Magic as the franchise retires his jersey  
  

By the numbers: Shaq's run with the Orlando Magic as the franchise retires his jersey
20: Orlando finished 41-41 during Shaq\'s rookie season, a 20-win difference compared to the previous season (21-61). For context, the Boston Celtics had a 32-win improvement over their previous season when Larry Bird joined the team in 1979.


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The week in tennis: Paul dominates in Texas, Pegula changes coaches, and more  
  

The week in tennis: Paul dominates in Texas, Pegula changes coaches, and more
Normally the writers start the season with my character Novak winning the Australian Open title. So, for anyone that doesn\'t like the beginning of this season, please contact the director 😂😂 @atptour


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Marty & McGee: NASCAR carrying a lot of momentum into 2024  
  

Marty & McGee: NASCAR carrying a lot of momentum into 2024
McGee: As we like to say on \"Marty & McGee,\" we\'ll get you out of here on this. We\'ve talked about drivers. We\'ve talked about racetracks. We\'ve talked about NASCAR in general. Would you like to now have a rousing, lengthy conversation about charters and the ongoing financial negotiations between NASCAR and team owners?


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Ferrari launches 'completely new' SF-24 livery  
  

Ferrari launches 'completely new' SF-24 livery
Technical director Enrico Cardile said: \"With the SF-24 we wanted to create a completely new platform and in fact, every area of the car has been redesigned, even if our starting point was the development direction we adopted last year.\"


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'Stone Cold' Steve Austin on WWE 2K24, one more ring return and CM Punk  
  

'Stone Cold' Steve Austin on WWE 2K24, one more ring return and CM Punk
\"I love the sports entertainment business more than anything I\'ve ever done in my life,\" Austin said. \"And you get a dose of it, and you want more. And so here I am talking to you a couple years later about doing it again. And that\'s how addicting it is to me, just to talk about it. And I get excited, and I\'ll start talking too fast.


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Two Students, Two Views, One Campus Conflict in the Midwest  
  

Two Students, Two Views, One Campus Conflict in the Midwest
Mr. Brown is perhaps the most fervent counterprotester at Michigan. A hard-and-fast supporter of Israel and Zionism, he shows up for almost every pro-Palestinian rally at his school, sometimes alone, always with a cellphone at the ready so he can record what he believes to be rampant antisemitism.


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Before Houston Megachurch Shooting, a Series of Warning Signs  
  

Before Houston Megachurch Shooting, a Series of Warning Signs
“They said yes, she has guns, but that’s legal in Texas,” Ms. Carranza said. “She can rant at you all she wants and not be mentally ill. Her rants were very profane and they were horrible, and they were very antisemitic.”


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Roses Are Red, Violets Are Blue, Through Miami’s Airport Yours Probably Flew  
  

Roses Are Red, Violets Are Blue, Through Miami’s Airport Yours Probably Flew
“If you ask general consumers, ‘Where do flowers come from?’ they think they’re from somebody’s back yard,” said Christine Boldt, executive vice president of the Association of Floral Importers of Florida, a trade group.


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Will Voters in San Francisco Go for a Different Kind of Mayor?  
  

Will Voters in San Francisco Go for a Different Kind of Mayor?
“I’ve watched San Francisco crumble over the last five years,” Mr. Farrell, 49, said recently over coffee at a downtown cafe. “Public safety has never been a bigger concern. The conditions of our streets have never been worse. Our local economy has collapsed. And we’ve become the butt of jokes across the country.


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Sheriff’s Deputies Shoot Woman Inside Friend’s Home in Houston, Authorities Say  
  

Sheriff’s Deputies Shoot Woman Inside Friend’s Home in Houston, Authorities Say
The footage, retrieved from deputies’ body-worn cameras and released on Saturday, shows the two deputies, who appear to be women, climbing the apartment staircase, knocking on the front door and then retreating a few feet away. One of the deputies says she sees someone coming and shouts, and then both deputies begin firing repeatedly through the glass windows. Both reload their guns and continue to fire several times.


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At Least 10 Injured After Vehicle Crashes Into Texas Hospital  
  

At Least 10 Injured After Vehicle Crashes Into Texas Hospital
The vehicle crashed into the St. David’s North Austin Medical Center at 5:38 p.m., the Austin-Travis County Emergency Medical Services said on social media, adding that two children and one adult were taken to the Dell Children’s Medical Center.


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Illegal Border Crossings Plummeted in January  
  

Illegal Border Crossings Plummeted in January
In New York City, which is housing more than 65,000 migrants in hotels, shelters and tents, the number of migrants entering the city’s care over the last month plunged to about 1,600 per week, down 55 percent from 3,600 per week in December.


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Mayorkas Was Impeached. What Happens Next?  
  

Mayorkas Was Impeached. What Happens Next?
Once the articles are delivered, the Senate, acting as a High Court of Impeachment, would schedule a trial during which senators would consider evidence, hear witnesses and, ultimately, vote to acquit or convict. They could also vote to dismiss the charges.


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Austin Is Released From the Hospital and Will Return to Work  
  

Austin Is Released From the Hospital and Will Return to Work
Mr. Austin was widely criticized for failing to immediately disclose his illness and absence to the White House, a breach of protocol that baffled officials across the government, including at the Pentagon.




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