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TradeBriefs Editorial

From the Editor's Desk

Boiling tap water can remove 80 per cent of the microplastics in it - New Scientist (No paywall)

Eddy Zeng at Jinan University in China and his colleagues took samples of tap water and measured their levels of NMPs, finding an average concentration of 1 milligram per litre. They then boiled the samples for 5 minutes, before allowing them to cool. The levels of NMPs were then remeasured and found to have reduced by more than 80 per cent.

“We estimated that intakes of NMPs through boiled water consumption were two to five times less than those through tap water on a daily basis,” says Zeng. “This simple but effective boiling-water strategy can ‘decontaminate’ NMPs from household tap water and has the potential for harmlessly alleviating human exposure to NMPs through water consumption.”

Continued here


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T.J. Maxx stock is close to a record because it became a $50 billion business last year  
  

T.J. Maxx stock is close to a record because it became a $50 billion business last year
“Last year saw an acceleration of the redistribution of foot traffic between non-off-price apparel retailers, off-price apparel chains, and thrift shops—a trend which began even before covid,” read the report from the data firm Placer.ai.


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Gary Sinise: Forrest Gump star's son Mac, 33, dies of rare cancer  
  

Gary Sinise: Forrest Gump star's son Mac, 33, dies of rare cancer
He called his son "an incredible inspiration to those who knew and loved him," adding: "He faced his battle with grace, courage, and love. Even with one setback after another, he never stopped living and learning, creating, and giving, and loving."


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Google Prepares for a Future Where Search Isn't King - WIRED (No paywall)  
  

Google Prepares for a Future Where Search Isn't King
Google's CEO Sundar Pichai still loves the web. He wakes up every morning and reads Techmeme, a news aggregator resplendent with links, accessible only via the web. The web is dynamic and resilient, he says, and can still—with help from a search engine—provide whatever information a person is looking for.


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The Supreme Court Just Gave Trump Exactly What He Wanted  
  

The Supreme Court Just Gave Trump Exactly What He Wanted
The Supreme Court has all but guaranteed that Donald Trump will not face trial for his efforts to subvert the 2020 election before this November’s presidential election. On Wednesday, after more than two weeks’ delay, the court issued an order refusing to lift the stay that’s preventing the Jan. 6 trial, prosecuted by Special Counsel Jack Smith, from moving forward. Instead, the court took up the case, scheduling oral arguments for the week of April 22—nearly two months from now. On this timeline, the justices will probably issue a decision near the end of June. That punt gives Trump exactly what he wanted: an extended pause that will make it impossible for Judge Tanya Chutkan to hold a trial in time for the upcoming election.


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Biden issues executive order aimed at protecting Americans' sensitive data from China, other 'hostile countries'  
  

Biden issues executive order aimed at protecting Americans' sensitive data from China, other 'hostile countries'
The executive order centers on the business of selling people's personal information, in which companies and so-called data brokers collect and trade data. The Biden Administration is worried that data brokers and other commercial entities will sell this information to so-called "countries of concern," which lawmakers say have a history of collecting and misusing data on Americans.


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Ultra-processed food linked to 32 harmful effects to health, review finds  
  

Ultra-processed food linked to 32 harmful effects to health, review finds
Ultra-processed food (UPF) is directly linked to 32 harmful effects to health, including a higher risk of heart disease, cancer, type 2 diabetes, adverse mental health and early death, according to the world’s largest review of its kind.


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Wendy's says it won't do 'surge pricing' after all, backtracking after a backlash  
  

Wendy's says it won't do 'surge pricing' after all, backtracking after a backlash
Wendy’s would like a word about the difference between “dynamic pricing” and “surge pricing.” After a flurry of attention this week to comments by CEO Kirk Tanner during the fast food chain’s February earnings call, Wendy’s now says it has “no plans” to raise prices when demand is highest.


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Marijuana use as little as once per month linked to heart attack and stroke risk  
  

Marijuana use as little as once per month linked to heart attack and stroke risk
Using marijuana as little as once per month is associated with a higher risk of both heart attack and stroke, according to a large study published Wednesday by researchers from Massachusetts General Hospital. The risks rose sharply the more frequently marijuana was used. 


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An AI license plate surveillance startup installed hundreds of cameras without permission  
  

An AI license plate surveillance startup installed hundreds of cameras without permission
In June of 2022, an Illinois DOT official in contact with Flock representatives told the company it had many repeated, error-filled permit applications for camera installations. A Flock representative gave the IDOT official a thinly-veiled threat that if they didn’t fast-track the process, Flock would send “about 30 different police chiefs” to their office to talk to them about it.


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Donna Summer’s Estate Sues Ye for Sampling ‘I Feel Love’  
  

Donna Summer’s Estate Sues Ye for Sampling ‘I Feel Love’
“Vultures 1” has been the top album on the Billboard 200 chart for two consecutive weeks, Ye’s first album to achieve that distinction since “Watch the Throne,” a collaboration with Jay-Z, in 2011. It was released independently and earned about $1 million in its first week in the United States through sales and streams.


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Supreme Court will hear Trump presidential immunity claim in election interference case  
  

Supreme Court will hear Trump presidential immunity claim in election interference case
Smith alleges Trump illegally conspired to overturn Biden\'s 2020 victory in a variety of ways, culminating in an effort to stop Congress from counting legitimate Electoral College votes on Jan. 6, 2021.


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Mitch McConnell to step down as Republican Senate leader in November  
  

Mitch McConnell to step down as Republican Senate leader in November
\"During his many years of leadership, we could always speak with each other honestly and put the country ahead of ourselves,\" Biden said. \"Mitch has lived the American dream, overcoming polio and going on to become the longest-serving Senate leader in American history. Jill and I wish the best to Mitch and Elaine.\"


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Soaring number of Americans are now 401(k) millionaires  
  

Soaring number of Americans are now 401(k) millionaires
All told, there were 422,000 retirement savers in Fidelity 401(k) plans sporting balances of seven figures and beyond as of Dec. 31, up from 349,000 at the end of September and 299,000 at the end of 2022.


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The Vision Pro isn't destroying your eyes, but maybe get some eye drops  
  

The Vision Pro isn't destroying your eyes, but maybe get some eye drops
We’ve all heard that screens aren’t good for your eyes. So it might not be too surprising to hear that many Vision Pro users have complained about eye strain. (After all, the headset does use two 4K screens, one in front of each eyeball.) However, these are common complaints from overall VR usage and experts say it isn’t something to freak out over.


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France to make abortion a constitutional right after senate vote  
  

France to make abortion a constitutional right after senate vote
In 2022, the French parliament voted to extend France’s legal limit for ending a pregnancy from 12 to 14 weeks, amid anger that thousands of women were forced to travel abroad each year to terminate pregnancies in countries including the Netherlands, Spain or England.


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U.S. Airman’s Winding Path Ended in Self-Immolation to Protest Israel  
  

U.S. Airman’s Winding Path Ended in Self-Immolation to Protest Israel
His was the second such protest in the United States in recent months. In December, a woman with a Palestinian flag lit herself on fire outside of the Israeli consulate building in Atlanta; she was not identified, and she has remained hospitalized, currently listed in stable condition. On Wednesday, Senator Tom Cotton, Republican of Arkansas, asked the Defense Department whether Mr. Bushnell had ever shown any “extremist leanings” in the past.


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Jeffries Suggests Democrats Would Save Johnson From Removal Over Ukraine Aid  
  

Jeffries Suggests Democrats Would Save Johnson From Removal Over Ukraine Aid
“It does seem to me,” Mr. Jeffries said, “based on informal conversations, that were Speaker Johnson to do the right thing relative to meeting the significant national security needs of the American people by putting it on the floor for an up-or-down vote, there will be a reasonable number of people in the House Democratic Caucus who will take the position that he should not fall as a result.”


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Salesforce CEO Marc Benioff is buying huge amounts of land in Hawaii  
  

Salesforce CEO Marc Benioff is buying huge amounts of land in Hawaii
While it’s tempting to envision what kind of Fyre-fest-on-steroids DROAM might be, I present an alternate plan of action: Have the federal government tax the wealthiest Americans at 90 percent and use the proceeds to subsidize affordable housing. I think that’d be a whole lot more effective than waiting for the world’s richest idiots to figure out how urban planning works.


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BMW builds the best cars in America, Consumer Reports says  
  

BMW builds the best cars in America, Consumer Reports says
That said, it doesn’t appear that CR judged styling as part of this particular comparison, and if it had, we suspect BMW would have fared worse. Still, with the top overall score, the top road test score and both above-average reliability and owner satisfaction, BMW does make a solid case for itself.


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Sam Bankman-Fried's lawyers say he should get a shorter prison sentence because he has autism  
  

Sam Bankman-Fried's lawyers say he should get a shorter prison sentence because he has autism
Lawyers for the former crypto CEO wrote that people closest to him “understand that his conduct was ‘never motivated by greed or status,’” and that they “also know how deeply, deeply sorry he is for the pain he caused over the last two years.”


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European parliament revokes Amazon lobbyist passes  
  

European parliament revokes Amazon lobbyist passes
However, the firm said it had accommodated many such visits in the past and insisted it wanted to \"continue engaging with members of the European Parliament on important issues affecting industries where we are active\".


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'I'd heard the big, bad, scary conversation about AI'  
  

'I'd heard the big, bad, scary conversation about AI'
Janna Salokangas, co-founder of Miami-based Mia, says that its AI course is not just about the training, but also about giving the students a sense of togetherness. \"It\'s all about the energy, the inclusion and belonging they get being part of a community, and learning with other women,\" she says.


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Family lose £165 Ryanair check-in dispute  
  

Family lose £165 Ryanair check-in dispute
Rory Boland, Editor of Which? Travel, said: \"It\'s clearly unfair to charge customers £165 to print out four pieces of paper for a genuine mistake. \"Gotcha\" fees like this are part of the reason Ryanair is regularly rated one of the UK\'s worst airlines.\"


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Wendy's denies plans for surge pricing after backlash  
  

Wendy's denies plans for surge pricing after backlash
Left-wing Senator Elizabeth Warren was one of the most high-profile critics, saying on Wednesday that the plans meant people \"could pay more for your lunch, even if the cost to Wendy\'s stays exactly the same\".


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US lawmakers reach deal to temporarily avert government shutdown  
  

US lawmakers reach deal to temporarily avert government shutdown
Other federal funding, including defence spending and homeland security and state department budgets, will expire a week later. Past shutdowns have led to furloughs of government workers and the closure of national parks.


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How the Media Industry Keeps Losing the Future  
  

How the Media Industry Keeps Losing the Future
The slow crash of newspapers and magazines would be of limited interest save for one thing: Traditional media had at its core the exalted and difficult mission of communicating information about the world. From investigative reports on government to coverage of local politicians, the news served to make all the institutions and individuals covered a bit more transparent and, possibly, more honest.


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Streaming Prices Keep Going Up. Here’s How to Manage Subscriptions.  
  

Streaming Prices Keep Going Up. Here’s How to Manage Subscriptions.
Streaming services still offer more flexibility and potential to save than a cable bundle. If that’s what drew you to streaming, the solution may seem obvious: You could be more judicious about managing your subscriptions — by canceling Netflix as soon as you’re done bingeing “Love Is Blind,” for instance.


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Netflix Names Dan Lin Its Top Movie Executive  
  

Netflix Names Dan Lin Its Top Movie Executive
Most recently, Mr. Lin’s name had been bandied for the job running DC Studios for Warner Bros. (That role was eventually split between the filmmaker James Gunn and the producer Peter Safran.)


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Divisions Among Finance Ministers Flare Over Seizing Russian Assets  
  

Divisions Among Finance Ministers Flare Over Seizing Russian Assets
Ms. Yellen, who initially had reservations about the viability of freezing or seizing Russia’s assets, offered her most explicit public support to date on Tuesday for the idea of unlocking “the value” of Russia’s immobilized assets.


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Center for Public Integrity Weighs Merger or Shutdown Amid Dire Financial Straits  
  

Center for Public Integrity Weighs Merger or Shutdown Amid Dire Financial Straits
The financial peril facing the Center for Public Integrity threatens to extinguish a newsroom of about 30 journalists that has watchdogged powerful institutions for decades. Much of its funding has come from foundations interested in supporting investigative journalism, including the Knight Foundation and the Robert R. McCormick Foundation.


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Inquiry Into Ouster of OpenAI’s Chief Executive Nears End  
  

Inquiry Into Ouster of OpenAI’s Chief Executive Nears End
Meta, Google, Microsoft and others are also racing to develop such technology. Leaders at these companies believe that A.G.I. will revolutionize the computing industry, as well as the global economy and work forces.


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Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%  
  

Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%
Prior to Slootman\'s arrival at Snowflake, the company was led by former Microsoft executive Bob Muglia, who built it up to a $4 billion valuation. Muglia was ousted suddenly in April 2019 and replaced by Slootman. The company had a market cap of $75 billion on Wednesday prior to the after-hours plunge.


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Salesforce beats on earnings but forecasts single-digit revenue growth for the year  
  

Salesforce beats on earnings but forecasts single-digit revenue growth for the year
While demand for artificial intelligence products is heavy, the guidance doesn\'t factor in much effect from that category, said Brian Millham, Salesforce\'s president and chief operating officer. A price increase announced last year won\'t be a major factor either, Millham said.


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Former New York cop charged with swindling investors in foreign exchange trading fund  
  

Former New York cop charged with swindling investors in foreign exchange trading fund
\"I have been having difficulties obtaining legal counsel due to financial hardship. With an extension I am certain that I can obtain counsel so that I can properly defend myself,\" Rodriguez wrote in his request, which was granted.Don\'t miss these stories from CNBC PRO:


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Apple CEO Tim Cook says company is 'investing significantly' in generative AI   
  

Apple CEO Tim Cook says company is 'investing significantly' in generative AI
At the meeting, shareholders approved Apple\'s board of directors, including electing former Aerospace CEO Wanda Austin, who is joining as Al Gore and James Bell retire. Shareholders also approved the company\'s auditor and executive pay.


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Trump ordered to pay full $454 million fraud judgment, but can apply for loans during appeal  
  

Trump ordered to pay full $454 million fraud judgment, but can apply for loans during appeal
Engoron\'s judgment is not the only massive legal bill dogging Trump as he seeks the Republican presidential nomination. Trump in late January was ordered to pay $83.3 million after a federal jury in New York found him liable for defaming writer E. Jean Carroll.


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Watch now: ETF Edge with TMX Group's CEO on becoming a leader in funds, commodities & bitcoin  
  

Watch now: ETF Edge with TMX Group's CEO on becoming a leader in funds, commodities & bitcoin
CNBC\'s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.


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FTX fraudster Bankman-Fried seeks less than 7 year sentence, claims he is at risk of 'harm and extortion' in prison  
  

FTX fraudster Bankman-Fried seeks less than 7 year sentence, claims he is at risk of 'harm and extortion' in prison
\"Given the same chance, Sam would dedicate his post-prison life to charitable works, finding the best ways to help others, and put them into practice, consistent with his commitment to effective altruism.\"


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Christian Horner: Red Bull team principal to remain in role after investigation into alleged inappropriate behaviour  
  

Christian Horner: Red Bull team principal to remain in role after investigation into alleged inappropriate behaviour
\"The investigation report is confidential and contains the private information of the parties and third parties who assisted in the investigation, and therefore we will not be commenting further out of respect for all concerned. Red Bull will continue striving to meet the highest workplace standards.\"


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In wake of AT&T outage, consumer advocates say you should always ask for money back if there's a blackout  
  

In wake of AT&T outage, consumer advocates say you should always ask for money back if there's a blackout
\"It\'s a time thing\" for consumers to ask for a reimbursement, Weinstock said. \"But I think it\'d be worth it to always contact your carrier to say, \'I had an outage. It wasn\'t my fault, you owe me money. You should cover the cost of this.\'\"


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FAA gives Boeing 90 days to come up with quality control plan after 737 Max accident  
  

FAA gives Boeing 90 days to come up with quality control plan after 737 Max accident
On Monday, an expert panel\'s report on Boeing found a \"disconnect\" between the manufacturer\'s senior management and employees on safety culture. The report was required by Congress after two crashes in 2018 and 2019 of Boeing 737 Max planes, which killed everyone on board the flights.


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A growing number of colleges are rolling out 'no-loan' policies. 'They are giving them out like candy,' Yale professor says  
  

A growing number of colleges are rolling out 'no-loan' policies. 'They are giving them out like candy,' Yale professor says
Further, such programs will likely result in more students applying, which can also boost a college\'s yield — or the percent of students who choose to enroll after being admitted — which is an important statistic for schools, Franek added.


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Biden is a 'healthy, active, robust 81-year-old male,' his doctor says after physical  
  

Biden is a 'healthy, active, robust 81-year-old male,' his doctor says after physical
The doctor also noted, \"The President has been happily married for 46 years. He does not use any tobacco products, does not drink alcohol, and he continues to work out at least five days per week.\"


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Novavax stock falls 20% as vaccine maker misses quarterly estimates, sees sluggish 2024 sales  
  

Novavax stock falls 20% as vaccine maker misses quarterly estimates, sees sluggish 2024 sales
\"We get to set that price and it allows us to control the economics of that,\" he said, adding that \"it would be a quite favorable way to settle that agreement through doses and again, that helps fulfill the mission\" of distributing shots more equitably in lower-income countries.   


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Congressional leaders strike partial budget deal, avert weekend government shutdown  
  

Congressional leaders strike partial budget deal, avert weekend government shutdown
Congressional leaders had been optimistic about getting the deal settled, especially after a Tuesday White House meeting with President Joe Biden and Congress\' top four leaders, including Johnson.


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Paramount falls short of revenue expectations but posts surprise profit, strong streaming results  
  

Paramount falls short of revenue expectations but posts surprise profit, strong streaming results
The company on Wednesday reported its TV media revenue declined 12% year over year. Advertising revenue declined 15% due to overall \"softness in the global advertising market and 5-percentage point impact from lower political advertising,\" according to the earnings release.


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Bitcoin bull Michael Saylor nets $700 million in gains on 3-day pop in crypto and MicroStrategy  
  

Bitcoin bull Michael Saylor nets $700 million in gains on 3-day pop in crypto and MicroStrategy
During MicroStrategy\'s latest earnings call on Feb. 7, Chief Financial Officer Andrew Kang said the company is \"the largest corporate holder of bitcoin in the world, and we have remained committed to our bitcoin acquisition strategy with the highest conviction.\"


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Coinbase users see $0 balance after crypto-trading app suffers glitch  
  

Coinbase users see $0 balance after crypto-trading app suffers glitch
Coinbase posted an update on X later in the day, informing users that \"we\'re beginning to see improvements in customer trading\" though because of increased traffic, \"some customers may still see errors in login, sends, receives and with some payment methods.\"


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Online trading platform Webull is set to go public via a $7.3 billion SPAC deal  
  

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal
Compared to its competitor Robinhood, Webull\'s clients tend to be more active and advanced investors, using analytical tools such as charting to decide when to enter and exit their trades, CEO Anthony Denier said in a CNBC interview in 2021.Don\'t miss these stories from CNBC PRO:


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Saudi sovereign wealth fund to partner with men's tennis tour  
  

Saudi sovereign wealth fund to partner with men's tennis tour
\"PIF will be a catalyst for growth of the global tennis landscape, developing talent, fostering inclusivity and driving sustainable innovation,\" said Mohamed AlSayyad, head of corporate brand at PIF, in a press release.Don\'t miss these stories from CNBC PRO:


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Supreme Court appears torn over challenge to gun 'bump stocks'  
  

Supreme Court appears torn over challenge to gun 'bump stocks'
But in a case argued in November, the court indicated it might stop short of striking down some long-standing gun laws in a case involving a ban on people accused of domestic violence possessing firearms.


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Thinking about taking new weight loss drugs? These are the big health risk decisions that will follow  
  

Thinking about taking new weight loss drugs? These are the big health risk decisions that will follow
Winfrey said in a statement she will continue to advise and collaborate with WeightWatchers and CEO Sima Sistani in \"elevating the conversation around recognizing obesity as a chronic condition, working to reduce stigma, and advocating for health equity.\"


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U.S. law on domestic abuse should cover carmakers, FCC chair says  
  

U.S. law on domestic abuse should cover carmakers, FCC chair says
\"Through these steps, Toyota works to respond promptly to requests from domestic abuse survivors while also focusing on appropriate authentication in order to screen out fraudulent or abusive requests that could further harm the abuse survivor,\" the company said in its response.


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