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TradeBriefs Editorial

From the Editor's Desk

Sail-powered cargo ship 'shows potential of wind'

Using sails reduced ship's fuel use and carbon dioxide emissions, company data indicates.

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Michael Porter Jr., Jontay Porter share NBA court for Raptors-Nuggets  
  

Michael Porter Jr., Jontay Porter share NBA court for Raptors-Nuggets
\"He could\'ve [gone] to the draft after that year where I went down and he really shined, but he decided to come back to Mizzou and play that second year, thinking that he could be a lottery [pick],\" Michael said.


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Cambridge University set to scrap its state school targets  
  

Cambridge University set to scrap its state school targets
The university is consulting on a five-year Access and Participation Plan (APP) that would begin in 2025, which would move away from a numerical target to draw on a wide range of data including whether applicants received free school meals.


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How a Series of Scandals Are Unraveling Japan's Ruling Party  
  

How a Series of Scandals Are Unraveling Japan's Ruling Party
Japan’s ruling party has stood the test of time, surviving even when expected to fade. But a fresh wave of scandals, heralding record-low public approval ratings, has prompted the conservative Liberal Democratic Party (LDP) to try to shape up.


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iOS 17.4.1—Surprise New iPhone Update Coming Any Minute Now - Forbes (No paywall)  
  

iOS 17.4.1—Surprise New iPhone Update Coming Any Minute Now
Apple is poised to issue a new update, iOS 17.4.1, fixing several bugs in its iPhone software. News of the iOS 17.4.1 update was first spotted by Apple-focused site MacRumors, which saw evidence that the upgrade was being internally tested via its website logs.


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Powerful winds gusting up to 100 mph cause travel delays and power outages in Northeast  
  

Powerful winds gusting up to 100 mph cause travel delays and power outages in Northeast
These high wind forecasts included the heavily traveled I-95 corridor and large airport hubs in the Washington-Baltimore region, Philadelphia International Airport, the major tri-state airports (Newark, LaGuardia and John F. Kennedy) and Boston Logan.


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White House warns Israel against 'smashing into Rafah' - FT (No paywall)  
  

White House warns Israel against 'smashing into Rafah'
US sees no ‘credible plan’ to protect civilians in southern Gazan city, says Jake Sullivan


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Israel strikes targets deep inside Lebanon as cross-border fire escalates - FT (No paywall)  
  

Militant group Hizbollah responds with largest rocket barrage since start of hostilities in October


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US inflation rise to 3.2% highlights 'last mile' challenge for Federal Reserve - FT (No paywall)  
  

Unexpected increase set to be scrutinised by central bank as it weighs interest rate cuts


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Social Capital sacks two partners over 'situation' involving AI investment - FT (No paywall)  
  

Chamath Palihapitiya’s venture capital group also hires law firm to investigate undisclosed issue


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Mitch McConnell's Sister-In-Law Died After Accidentally Reversing Tesla Into Pond: Report  
  

Mitch McConnell's Sister-In-Law Died After Accidentally Reversing Tesla Into Pond: Report
Angela Chao, the CEO of shipping company Foremost Group and sister-in-law of Senate Minority Leader Mitch McConnell (R-Ky.), died last month after accidentally reversing her Tesla into a pond at a Texas ranch, according to a Friday report in The Wall Street Journal.


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Biden Is Serious About His Candy-Bar Crusade - The Atlantic (No paywall)  
  

Biden Is Serious About His Candy-Bar Crusade
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.


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Showmax and Netflix battle for high-octane drama - African style  
  

Showmax and Netflix battle for high-octane drama - African style
But audiences have been learning that rules are there to be broken - and the Showmax series, with an episode released every week on the South African-based subscription streaming service, is a wild ride full of fun, danger, sex and violence.


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Sharon Stone names producer who 'told her to sleep with co-star'  
  

Sharon Stone names producer who 'told her to sleep with co-star'
Stone told the Louis Theroux podcast that Evans claimed she was responsible for addressing Baldwin's poor acting in the film about a woman discovering tenants' secrets after moving to an exclusive New York City apartment building.


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John Barnett: Boeing whistleblower 'hoped to change its culture', family says  
  

John Barnett: Boeing whistleblower 'hoped to change its culture', family says
"He was in very good spirits and really looking forward to putting this phase of his life behind him and moving on. We didn't see any indication he would take his own life. No one can believe it."


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Meghan Markle Wins Defamation Lawsuit Brought By Half-Sister  
  

Meghan Markle Wins Defamation Lawsuit Brought By Half-Sister
Markle was sued for defamation by her half-sister following a 2021 CBS interview with Oprah Winfrey, in which she said she was an only child and did not have a close relationship with Samantha, her half-sister from her father Thomas Markle’s first marriage. Samantha also alleged in the lawsuit that the couple’s 2022 Netflix documentary series Harry & Meghan contained 14 defamatory statements against her.


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Stock markets undergo 'risk reset' as indices notch new records - FT (No paywall)  
  

Belief grows in further gains with recession fears abating and improved corporate earnings


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Marriage holds key to Japan's falling births - FT (No paywall)  
  

Reversing population decline will need more than just economic incentives


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Benjamin Netanyahu's rule 'in jeopardy', says US intelligence report - FT (No paywall)  
  

Assessment highlights threat to Israeli premier from mass protests and looming election


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Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens  
  

Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
Tucked behind the stone walls of her 4,500-square-foot Spanish-style mansion, Michelle Mack had stockpiled a small fortune in cosmetics that had been stolen from Ulta and Sephora stores across the country, authorities said. 


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No parent who has seen the children I've treated for measles would refuse a vaccine  
  

No parent who has seen the children I've treated for measles would refuse a vaccine
Where I live, in one of the poorest places on earth, measles kills thousands of children a year. It’s a grim lesson about a disease that should have been eradicated years ago. And it’s a grave warning against assuming “it can’t happen here” in more fortunate countries like the U.S., where the disease is making a comeback as parents fail to take the disease seriously. For years, U.S. pediatricians have gone their entire careers without seeing a case of measles, much less a death. Now, I fear, that may change.


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Biden Clinches Democratic Nomination as Trump Awaits  
  

Biden Clinches Democratic Nomination as Trump Awaits
On the Republican side, Mr. Trump was expected to secure the Republican nomination later on Tuesday. The early conclusion to the nominating contests means Americans will face a lengthy general-election campaign. Mr. Trump, who faces 91 criminal charges in four cases, is leading Mr. Biden in many polls.


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Biden Budget Lays Out Economic Battle Lines Against Trump  
  

Biden Budget Lays Out Economic Battle Lines Against Trump
In his budget proposal on Monday, Mr. Biden reiterated his commitment to preserving the nation’s entitlement system. He called for new efforts to improve the solvency of Social Security and Medicare, including making wealthy Americans pay more into the health program. However, his plans were light on details regarding how to ensure both programs’ long-term sustainability.


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Biden Offers ‘Ironclad’ Commitment to Allies, Defying Russia (and Trump)  
  

Biden Offers ‘Ironclad’ Commitment to Allies, Defying Russia (and Trump)
“We must act before it literally is too late, before it’s too late, because as Poland remembers, Russia won’t stop at Ukraine,” Mr. Biden said. “Putin will keep going, putting Europe, the United States and the entire free world at risk.”


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Four things we learned when US spy chiefs testified to Congress | TechCrunch  
  

Four things we learned when US spy chiefs testified to Congress | TechCrunch
Cyberattacks, regional conflict, weapons of mass destruction, terrorism, commercial spyware, AI, misinformation, disinformation, deepfakes and TikTok. These are just some of the top perceived threats that the United States faces, according to the U.S. government’s intelligence agency’s latest global risk assessment.


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He's Not Just Looking to Make a Quick Billion  
  

He's Not Just Looking to Make a Quick Billion
When Marc Lore, the e-commerce billionaire, left his position as the chief executive of Walmart.com in 2021, he began to dabble in a variety of long-odds attempts to change the world. He backed a nuclear fusion start-up, and another designing flying taxis. Frustrated with the current state of capitalism, he embarked on plans to build, from scratch, a Bjarke Ingels-designed city of five million in the American West.


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US inflation edges up as Fed debates interest rate cuts  
  

US inflation edges up as Fed debates interest rate cuts
\"If you\'re looking at the US from externally, you should be able to begin to make some judgment that the US is rapidly approaching the point at which we can say we\'ve obtained price stability,\" he said.


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Starlink's rapid growth and influence has made it an indispensable part of Elon Musk's SpaceX  
  

Starlink's rapid growth and influence has made it an indispensable part of Elon Musk's SpaceX
Elon Musk's SpaceX is known for its frequent launches, which now dominate the space industry. But the satellites that the rockets send to space are just as important for the company as the launches. Starlink is SpaceX's answer to providing global, high-speed internet coverage using a network of thousands of satellites buzzing around the planet in a region known as low Earth orbit (LEO), about 342 miles above the Earth's surface.


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Larry Ellison is $15 billion richer after Oracle's best day on stock market since 2021  
  

Larry Ellison is $15 billion richer after Oracle's best day on stock market since 2021
Unlike Amazon\'s Jeff Bezos, Larry Ellison has been hanging onto all his stock rather than selling off chunks. According to FactSet, Ellison\'s last transaction in Oracle stock was a purchase of 7,000 shares in 2022, and he hasn\'t sold any since 2016.


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New York AG questions Trump cash reserves as $464 million judgment looms   
  

New York AG questions Trump cash reserves as $464 million judgment looms
That was the second jury to order Trump to pay Carroll damages for defamation. The presumptive Republican presidential nominee has continued to attack Carroll, prompting her lawyers to suggest that they might file another defamation lawsuit.


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Airbus widens aircraft delivery lead over Boeing as Max crisis deepens  
  

Airbus widens aircraft delivery lead over Boeing as Max crisis deepens
Boeing logged 15 gross orders for new planes in February, while Airbus sold just two. And customers aren\'t abandoning Boeing because of its recent struggles. Last week American Airlines announced an order for 260 narrow-body airplanes split between Boeing, Airbus and Embraer.


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Coastal land is sinking, doubling the potential damage from rising seas — here's why  
  

Coastal land is sinking, doubling the potential damage from rising seas — here's why
Some of Shirzaei\'s suggestions include recycling water by treating wastewater and sewage, putting wider restrictions on water usage, especially in landscaping, and capturing rain and banking it better.  One project in Virginia is pumping groundwater back into aquifers and treating it in wastewater plants.


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Equal Pay Day highlights an up to $1.2 million salary shortfall for women of color  
  

Equal Pay Day highlights an up to $1.2 million salary shortfall for women of color
\"Companies need to be open about what they are doing and their plans — it really starts and ends at the corporate level,\" said Lauren Sanfilippo, senior investment strategist at Bank of America\'s Chief Investment Office.


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White House announces $300m stopgap military aid package for Ukraine  
  

White House announces $300m stopgap military aid package for Ukraine
The United States has committed more than $44.9bn in security assistance to Ukraine since the beginning of the Biden administration, including more than $44.2bn since the beginning of Russia’s invasion on 24 February 2022.


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Palestinian boy killed by Israeli police during clashes in East Jerusalem  
  

Palestinian boy killed by Israeli police during clashes in East Jerusalem
In a separate incident west of Jerusalem in the town of Al-Jib, at least two other Palestinians were killed and three others injured after being shot by Israeli forces at a checkpoint late on Tuesday, the Palestinian Red Crescent said.


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Robert Hur says he 'did not exonerate' Biden and refuses to rule out role in a Trump administration - as it happened  
  

Robert Hur says he 'did not exonerate' Biden and refuses to rule out role in a Trump administration - as it happened
Jerry Nadler, the Democrat House judiciary committee ranking member, began his opening statement at the hearing by saying that House Republicans are "desperate to convince America that white conservative men are on the losing end of a two-tiered justice system, a theory … that has no basis in reality". Nadler opined that Biden "probably committed a verbal slip or two" in his interviews with Hur.


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'It would be borderline unfair:' Can anyone stop Scottie Scheffler if he's turned his putting around?  
  

'It would be borderline unfair:' Can anyone stop Scottie Scheffler if he's turned his putting around?
\"We all knew that he had this in him,\" McIlroy said. \"His ball striking is, honestly, on another level compared to everyone else right now. We knew if he started to hole putts, then this sort of stuff would happen.\"


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'My person': WNBA star Sabrina Ionescu ties knot with NFL center Hroniss Grasu  
  

'My person': WNBA star Sabrina Ionescu ties knot with NFL center Hroniss Grasu
New York drafted Ionescu as the No. 1 pick in the 2020 WNBA draft after finishing her collegiate career as Oregon\'s all-time leader in points, assists, double-figure scoring games and field goals. The Chicago Bears drafted Grasu in 2015 after earning three Pac-12 first-team all-conference honors.


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'If I can play, I'm playing': Troy WR Chris Lewis opens up about cancer diagnosis and his potential road back  
  

'If I can play, I'm playing': Troy WR Chris Lewis opens up about cancer diagnosis and his potential road back
\"My teammates and coaches have been calling and texting and checking up on me,\" he said. \"When I\'m at Children\'s, they\'ve been coming and sitting with me. They\'ve been supportive throughout this process. I miss being [at Troy]; I just miss being around the team and the regular schedule I\'ve been accustomed to.\"


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Falcons give Cousins new target in WR Mooney  
  

Falcons give Cousins new target in WR Mooney
Mooney struggled to fill the Bears\' No. 2 receiver role behind DJ Moore. The 5-foot-11 receiver had a career-low 31 catches for 414 yards and a touchdown in 2023, one season after his 2022 campaign was cut short by an ankle injury.


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Saquon Barkley wanted to be a Giant 'for life,' but the odds were stacked against him  
  

Saquon Barkley wanted to be a Giant 'for life,' but the odds were stacked against him
More fiscally responsible was signing a midlevel running back and supplementing that position in the draft. New York is signing former Houston Texans running back Devin Singletary for three years and $16.5 million, according to ESPN\'s Jeremy Fowler and Adam Schefter. The money saved on Barkley and the running back position can now help general manager Joe Schoen fill out the roster.


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MMA pound-for-pound rankings: Sean O'Malley's star continues to rise, along with his place in top 10  
  

MMA pound-for-pound rankings: Sean O'Malley's star continues to rise, along with his place in top 10
Brett Okamoto: 1. Zhang Weili; 2. Alexa Grasso; 3. Valentina Shevchenko; 4. Cris Cyborg. 5. Erin Blanchfield; 6. Tatiana Suarez; 7. Manon Fiorot; 8. Rose Namajunas; 9. Kayla Harrison; 10. Yan Xiaonan.


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Where Will Kyrsten Sinema’s Centrist Voters Go?  
  

Where Will Kyrsten Sinema’s Centrist Voters Go?
In more than a dozen interviews, voters who stuck with Ms. Sinema and recently donated to her campaign fund said they had hoped she would defy the political gravity of her declining poll numbers and run for re-election this year in a three-way race — if only to give independents another option.


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Uvalde Police Chief Announces Resignation  
  

Uvalde Police Chief Announces Resignation
“Nothing is more important than the safety of our community, and we look forward to working together to identify the best candidate to serve the people of Uvalde,” Mr. Smith said in a statement.


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New Federal Judiciary Rule Will Limit ‘Forum Shopping’ by Plaintiffs  
  

New Federal Judiciary Rule Will Limit ‘Forum Shopping’ by Plaintiffs
In such cases, where plaintiffs are seeking a sweeping remedy, like a nationwide injunction, the judge will be assigned at random from across the district instead of defaulting to the judge or judges in a particular courthouse.


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Nebraska Lawmakers Sustain Veto of Needle Exchange Bill  
  

Nebraska Lawmakers Sustain Veto of Needle Exchange Bill
“For people who are still using, who are still facing addiction, whatever reason, this is a door,” said the bill’s sponsor, State Senator Megan Hunt, a political independent who used to be a Democrat. “This is an opportunity for them to get treatment for the first time.”


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Ken Buck Cuts Short House Term, Leaving Republicans Down Yet Another Member  
  

Ken Buck Cuts Short House Term, Leaving Republicans Down Yet Another Member
But Mr. Buck’s decision to leave months before the end of his term on March 22, the same day as the deadline for Congress to pass a package of spending bills to avoid a partial government shutdown, creates yet another headache for House Republicans who have lurched from chaos to crisis for more than a year, leaving them with even less of a cushion to wield their small majority.


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Poised and Precise, Hur Enters Fray Over Special Counsel’s Report on Biden  
  

Poised and Precise, Hur Enters Fray Over Special Counsel’s Report on Biden
Before his work as special counsel, Mr. Hur, a graduate of Stanford Law School who clerked for Chief Justice William H. Rehnquist, was best known for his 11-month stint as the top aide to the deputy attorney general, Rod Rosenstein, in 2017 and 2018. It was a time of extraordinary upheaval, when Mr. Rosenstein oversaw the installment of a special counsel, Robert S. Mueller III, to investigate President Donald J. Trump’s dealings with Russia. Both men lived under the constant threat of being fired by Mr. Trump, who saw the appointment as a personal betrayal.


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Sotomayor and Barrett, Lately at Odds, Discuss Relations at the Supreme Court  
  

Sotomayor and Barrett, Lately at Odds, Discuss Relations at the Supreme Court
“Occasionally someone might come close to something that could be viewed as hurtful,” Justice Sotomayor said. When that happens, she said, a senior colleague will sometimes call the offending justice, suggesting an apology or other way of patching things up.


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After Ukrainian Strikes, Russia Fires Top Naval Commander  
  

After Ukrainian Strikes, Russia Fires Top Naval Commander
U.S. officials believe Ukraine has sunk 15 Russian ships in the past six months. European officials have said the naval victories have reopened the western Black Sea, allowing Ukraine to again ship grain from Odesa.


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Alaska Airlines Flight Was Scheduled for Safety Check on Day Panel Blew Off  
  

Alaska Airlines Flight Was Scheduled for Safety Check on Day Panel Blew Off
The scheduling of the maintenance check on the plane has not previously been reported. It demonstrates that the airline chose to keep the plane in service while it made its way toward the maintenance facility rather than flying it to Portland without passengers.


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Aaron Rodgers and Jesse Ventura Top R.F.K. Jr.’s List for Running Mate  
  

Aaron Rodgers and Jesse Ventura Top R.F.K. Jr.’s List for Running Mate
Polls show Mr. Kennedy pulling roughly equal numbers of votes away from both President Biden and former President Donald J. Trump — but Democrats are far more worried than Republicans that he could tilt a close election to Mr. Trump. Mr. Biden’s allies have been working to block Mr. Kennedy from the ballot across the country.


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Warden Ousted From Federal Women’s Prison Plagued by Sex Abuse  
  

Warden Ousted From Federal Women’s Prison Plagued by Sex Abuse
The reasons for the raid have not been specified. Attorneys representing inmates at the facility claimed in a court filing last month that Mr. Dulgov and his staff retaliated against an inmate who had testified against prison officials by arranging for her transfer to another institution, a move that violated a court order.


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Trump Courts Black Voters Even as He Traffics in Stereotypes  
  

Trump Courts Black Voters Even as He Traffics in Stereotypes
“The polling is coming out and they say ‘Wait a minute, there must be a mistake here. Black people really like Trump. There must be a mistake,’” Mr. Trump said at a Black Conservative Federation event last month, a preview of his message that the country — and Black voters’ pocketbooks — had been better off when he was president.


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5 Takeaways From Hur’s Testimony About the Biden Classified Documents Inquiry  
  

5 Takeaways From Hur’s Testimony About the Biden Classified Documents Inquiry
Getting Mr. Hur, a former Trump political appointee, to acknowledge that he is a registered Republican, Mr. Johnson accused him of “doing everything you can do to get President Trump re-elected so that you can get appointed as a federal judge or perhaps to another position in the Department of Justice.”


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Avalanche Expert’s Death Shows Dangers of Backcountry Skiing  
  

Avalanche Expert’s Death Shows Dangers of Backcountry Skiing
The accident highlighted the dangers of backcountry skiing, which is a far cry from a trip down the bunny trail at your local slope. “Resort skiing and backcountry skiing are night and day,” said Craig Gordon, an avalanche forecaster for the Utah Avalanche Center. On resort slopes, “the ski patrol have knocked down avalanches long before we arrive,” he said. “If we head into the back country, avalanches are not being knocked down for us.”




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