Jan 13, 2023 - Alabama coroner says there are 5 deaths in his county after severe storms and more than 2 dozen tornadoes hit Southeast | CNN

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From the Editor's Desk 'Koselig' Isn't the Same as 'Hygge' Each summer, Europe’s Nordic countries—which consistently rank among the world’s happiest—reap the benefits of their geographic position, with daylight stretching into the night. Then, come winter, the opposite is true, and darkness creeps into daytime. Though people who live in this part of the world aren’t immune to seasonal affective disorder (SAD), they do have a few cultural coping strategies to help them get through the winter. One of these, called “koselig,” comes from Norway, and may be useful in the coming months. Here’s what to know Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work Alabama coroner says there are 5 deaths in his county after severe storms and more than 2 dozen tornadoes hit Southeast | CNN In Georgia, a possible tornado damaged Griffin High School in Griffin, south of Atlanta. Trees came down and there was a leak in the gym, Griffin-Spalding School District spokesperson Adam Pugh said. Work Rent the Runway to sell secondhand luxury on Amazon as it chases profitability The total resale market in the U.S. is on track to top $64 billion by the end of 2024, according to research firm GlobalData. Worldwide, it\'s estimated to be worth between $100 billion and $120 billion, according to research from Boston Consulting Group.  � � � Work Monterey Peninsula could become an island as epic flooding engulfs California cities. And more rain is on the way | CNN Large portions of the state remain in "moderate" or "severe" drought "since moisture deficits have been entrenched across some areas for the last 2-3 years," the drought summary said. Work Consumer prices fell 0.1% in December, in line with expectations from economists Following the CPI report, market pricing pointed toward an increased probability that the Fed would approve a 0.25 percentage point rate increase on Feb. 1. That would represent another step down for the central bank after it approved four consecutive 0.75 percentage point hikes last year before slowing down to a 0.5-point increase in December. You Might Like � � � Work President Biden had classified documents in the garage of his Delaware home The lawyer said that the DOJ was \"immediately notified\" of the discovery of the documents in Wilmington, just as had been the case when the first batch of documents was found at the Penn Biden Center. Work Porsche sees small uptick in global sales despite big drop in Taycan EV Porsche\'s U.S. sales were essentially level for the year, increasing by just 40 units to 70,065 vehicles. The largest rise in sales was a 22.5% increase in the Cayenne crossover. Most other models experienced notable declines, including a roughly 23% drop in sales of Porsche\'s all-electric Taycan to 7,271 units. Work Watch live: Attorney General Merrick Garland makes statement at Department of Justice One of those probes is focused on whether Trump broke federal law by retaining government documents, hundreds of which were classified, when he left office, and whether he obstructed justice in resisting efforts by authorities to recover those documents. Work First on CNN: US Navy veteran released from Russian custody | CNN Politics Several US citizens remain detained in Russia, including Whelan, a former US Marine who is designated as wrongfully detained. He was arrested in Russia in December 2018 and sentenced to 16 years in prison. Last year, the US proposed trading Whelan and Griner, an American basketball star, in a prisoner swap for arms dealer Viktor Bout, but Russia only agreed to release Griner. You Might Like � � � Work Video: See the damage left after powerful storms move across Southeast | CNN Work Flight disruptions ease after FAA outage but questions linger about system outage \"The FAA is working diligently to further pinpoint the causes of this issue and take all needed steps to prevent this kind of disruption from happening again,\" the agency said late Wednesday. � Work Time for the Fed to declare victory on inflation? Not yet \"I don\'t think they are close to declaring victory,\" said Simona Mocuta, chief economist at State Street Global Advisors. \"They will be very cautious in verbalizing that even though they might downshift to [a quarter-point hike], which acknowledges the improvement in the data. But I would not expect the tone and language that comes out of the committee to shift dramatically for quite some time. They are taking the view of better to be safe than sorry again.\" Work Disney board exposed itself to activist intervention, but Peltz may be overreaching It\'s possible Disney doesn\'t want Peltz on the board because he\'ll force the issue of succession, limiting Iger\'s ability to stay as CEO longer than two years. As Trian noted in its presentation (on Slide 28), the Disney board extended Iger\'s retirement date five times between October 2011 and December 2017. � Work Opinion: Biden, don't be afraid of trade | CNN The US could agree to negotiate a re-entry to the CPTPP that is conditional on Taiwan also being included in the pact. There could be no stronger statement of the US's commitment to both Taiwan and Asia than for Kishida and Biden to discuss such a move on Friday. Work US cancer death rate falls 33% since 1991, partly due to advances in treatment, early detection and less smoking, report says | CNN "The report also underscores that there's more work to do to save more lives," she said. "President Biden's vision for ending cancer as we know it is building on the progress we've made with an all-hands-on-deck effort to develop new ways to prevent, detect, and treat cancer - and ensure that the tools we have and those we develop along the way reach all Americans." � Work More than 360 new UFO cases have been reported to U.S. intelligence agencies since March 2021 In April of 2020, the Pentagon declassified three videos captured by U.S. Navy pilots that appear to show unidentified flying objects. Two of the videos contain U.S. service members commenting on how quickly the object moves while another speculates that the unidentifiable object could be a drone.  Work Op-ed: Did House Speaker Kevin McCarthy really gain any power? Finally, securing a Republican majority in the House gave the Republican party the opportunity to move beyond Donald Trump as it\'s leader. There were plenty of reasons to believe that Trump\'s influence was dwindling in the face of numerous losses. Crediting Trump with McCarthy\'s victory, as the speaker did, puts Trump front row and center in the Republican party and back at the head of the Republican table. On that measure, credit both those 19 members and Speaker #55.  For political junkies, McCarthy\'s 15 ballot road to the speakership provided some drama. But that drama leaves us with a dysfunctional house, a looming economic crisis, and a re-empowered Trump. Kevin McCarthy had a bad week, but America\'s was worse. � Work Berhalter-Reyna explained: Drama's roots in U.S.'s overbearing parents \"If there\'s a silver bullet that I could give most coaches at any sport, or any activity, it\'s that if you treat your students, your athletes well, if you treat them with respect, if you treat them with empathy and kindness, if you treat them with care, it will alleviate so many of these emotional issues that happen in sports,\" he said. \"So when things like playing time become an issue, you have a little equity in the bank because you treat them well. Work GOP Rep. George Santos vows to serve out his full term as more Republicans push him to resign Santos has remained defiant — his official social media accounts have even lashed out at some of his detractors online — and McCarthy has shown no willingness to try to expel Santos from the House by a two-thirds vote. Work Crypto firms Genesis and Gemini charged by SEC with selling unregistered securities The SEC brought a similar action against now bankrupt crypto lender BlockFi and settled last year. Earlier this month, Coinbase settled with New York state regulators over historically inadequate know-your-customer protocols. Work US government has received more than 350 new UFO reports | CNN Politics "I appreciate the effort undertaken by the ODNI to study and characterize unidentified aerial phenomena reports, and their commitment to ensuring transparency by releasing an unclassified summary to the American public. … Unidentified aerial phenomena remain a national security matter, and I will continue to support thorough investigations of all UAP reports and oversight by the Congress." Work Author: Make Social Security bigger, not smaller to help solve retirement crisis Two-thirds or more of Americans close to retirement age simply are not ready. Work Stocks making the biggest moves midday: Cognizant, American Airlines, Logitech and more Energy stocks — Energy stocks were among the top gainers in Thursday\'s session as oil prices got an extended boost following U.S. CPI data. Hess and Halliburton rose more than 4%. SLB, Marathon Petroleum, Occidental Petroleum, Coterra and Devon Energy each advanced more than 2%. Work Ex-Goldman bankers tap LinkedIn, headhunters in frail financial jobs market Newly unemployed Goldman Sachs workers are tapping head-hunters after losing their jobs in its biggest restructuring since the 2008-9 financial crisis, with a sluggish global economy set to make finding comparable roles a challenge, sources said. Work Long Covid resolves within year for many with mild Covid, study says | CNN The majority of long Covid symptoms that follow mild infections are resolved within a year, a new study found. But experts say that doesn't match their clinical experience. Work Usain Bolt reportedly missing millions from investment accounts Bolt is considered one of the greatest track athletes of all time and holds world records in the 100m, 200m and 4x100m relay. The 36-year-old retired in 2017, and has a number of lucrative sponsorship deals. In 2016 alone he earned $33m from sponsorship, prize money and appearances fees, making him easily the highest-earning track athlete in the world. Work Special counsel named to probe classified records found at Biden's private home and office Garland in November appointed another former federal prosecutor, Jack Smith, as special counsel to oversee two criminal investigations of Trump, one of which is focused on the government records he retained when he left office. Work His Star Rising, Youngkin Juggles Local Issues and National Ambition Although Mr. Youngkin issued an executive order on his first day in office banning teaching critical race theory in K-12 schools (educators said it wasn’t taught in the first place), other initiatives have gone less smoothly. A revision of state history standards, influenced by Youngkin appointees, was withdrawn after an uproar that it downplayed slavery as a cause of the Civil War and referred to Native Americans as the “first immigrants.” Work American Airlines shares jump nearly 10% after airline hikes revenue and profit outlook \"It may seem silly, but what we pack matters,\" JetBlue said in a pilot memo, which was seen by CNBC. \"While we all have essential items we need while traveling, it\'s important to pack what you need and leave home what you don\'t.\" Work Stripe Cuts Internal Valuation by 11%, Implying $63 Billion Valuation Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, according to a person familiar with the matter. Its at least the third time since June that the payments startup has cut its internal valuation, following a smaller cut in October, and brings the ... Work Your Thursday Evening Briefing Amy Virshup, our Travel editor, said that while her team was putting together this year’s list, they noticed a repeating theme: “wide open spaces,” from the American Prairie in Montana to Tassili n’Ajjer in Algeria. Work Inflation Is Slowing, Good News for American Consumers and the Fed “I remain what I call a realistic optimist,” Susan Collins, president of the Federal Reserve Bank of Boston, said in an interview on Wednesday. “There is resilience that I continue to see in the economy, and that makes me optimistic that there is a path to reducing inflation without a significant downturn.” Work Delta curbs employee access to luxury airport lounges as it struggles with crowding American and United say they aren\'t planning similar policy changes for their lounges, though carriers occasionally tweak employee travel policies. For example, those carriers paused certain employee travel perks to London over the summer due to congestion. Work US inflation cooled for a sixth straight month in December Fed officials have said in the past that they see a real possibility of a soft landing—slowing inflation without causing a recession—and are aiming for one. But the Fed’s summary of economic projections predicts an increase of around around a percentage point in the unemployment rate in 2023—the kind of magnitude, noted the labor advocacy firm Employ America, that usually results in a recession. Work Teach yourself growth marketing: How to launch a paid acquisition channel In the event that your target demographic is already on numerous acquisition channels, you can choose Facebook or Google as your first channel. These two platforms are considered the duopoly in paid acquisition and will be the best primer for learning how to manage paid social media and paid search channels. Work Closing the gender pay gap has stalled. A new study reveals why The study also doesn’t seek to answer the question of whether leave policies were on balance ultimately beneficial or not for women and families. While it concludes that an unintended consequence of the introduction of leave policies was to cause the process toward pay equity to stall, family leave policies have positive impacts as well, like helping to support new parents’ mental health. And without any leave at all, the problem of finding suitable childcare, already acute in the US, would be exacerbated because more parents would be compelled to return to work even sooner. Work The Logic School wants to teach tech workers activism Lecturers include folks like Clarissa Redwine from the Kickstarter Union Oral History, Alex Hanna and Timnit Gebru from Distributed AI Research Institute (DAIR), Ari Melenciano from Afrotectopia/NYU/Google Creative Lab, Blunt from Hacking//Hustling, Erin McElroy, Assistant Professor of American Studies at UT Austin, Anti-Eviction Mapping Project and Shazeda Ahmed, Princeton University, Center for Information Technology Policy. Work Career Karma's latest layoff underscores edtech's new challenge With 80 staff now remaining at Career Karma, Harris confirmed that no C-suite executives were impacted by the layoff. Those impacted were offered two months of severance as well as extended benefits. The career navigation platform also, fittingly, offered career navigation support to its new alumni. Work Australia men's cricket team cancels Afghanistan matches over Taliban restrictions on women and girls' freedoms The ruling Taliban announced in late December that it was banning female students from universities in Afghanistan, after a U-turn on the opening of all middle and high schools to girls. Work Inflation Report Tees Up Likely Quarter-Point Fed Rate Rise in February Improving inflation data suggest officials will consider a smaller increase than in recent months. Work Pitch Deck Teardown: Mint House's $35M Series B deck As good as Mint House’s pitch deck is, there are a few things that made me scratch my head — some mistakes that are serious enough that I was kinda curious how the company was successful in raising at all, if I’m being honest. Let’s take a look. Work Jeff Bezos' Ex-Wife MacKenzie Scott Finalises Second Divorce After a year of marriage, MacKenzie Scott, the ex-wife of Jeff Bezos, the founder of Amazon and a multibillionaire, reportedly finalised her second divorce. Work Pensioner, 87, died following 17-hour wait for ambulance after breaking his pelvis The Independent revealed 50,000 patients one in eight waited 12 hours between arriving at A&E and being admitted Work Daily Crunch: Pet tech startup Digitail fetches $11M Series A led by Atomico We started some of this yesterday, but Natasha L brings us a warning article to other ad-funded programs to take heed of Meta’s ads being found unlawful in the European Union. She writes that “just because Facebook has — for years — processed and profited off of Europeans’ data by running unlawful ads does not mean other ad-funded platforms are going to get the same free ride from the bloc’s regulators. Enforcement is here at last.” Work FPGA startup Rapid Silicon lands $15M to bring its first chip to market “Driven by its purpose and world-class talent, we believe Rapid Silicon is ready to revolutionize design-to-silicon turnaround time and provide solutions that meet and exceed the robust performance, power, area and time-to-market requirements for next-generation applications,” he said in a press release. “We see immense potential in the company’s AI-enhanced EDA tools, and we believe this team has the experience needed to bring these solutions to the global market.” Work No Meat Factory eats up new capital to build bigger protein production plant in US “Working with brand owners on the additional capacity coming unlocks some opportunity for us that we can pursue,” he added. “We will also focus more on a private label strategy as well, for example, offer our products and our ideas to some of these private label manufacturers. With our phase one site, we were limited given the size of some of the private label opportunities in the market.” Work Sam Bankman-Fried launches Substack: I didnt steal funds, and I certainly didnt stash billions away This is not the first time the disgraced founder has taken to airing his thoughts publicly. In November, he said in a series of tweets that FTX International was looking to raise liquidity and was in talks with a “number of players.” Then in December, he talked from an undisclosed location in the Bahamas with reporter Andrew Ross Sorkin for a DealBook event; a discussion that his legal team “very much” did not approve of, he told Sorkin with a boyish grin. Work More classified documents found in garage at Biden's Wilmington home, White House says The White House confirmed Thursday that another set of classified documents from President Joe Biden's time as vice president were found in his garage in Delaware. Work From cloud computing to proptech: DigitalOcean co-founders raise $29M for Welcome Homes “We’re really more of a tech company than a tech-enabled homebuilder,” said Hartman, who also previously started and sold another startup, TechDay. “Welcome is figuring out things like how we can use imaging to detect walk patterns, or how to create a rules-based system around municipal variances so we know exactly what type of home would fit on a given property.” Work What Wall Street Will Be Watching When Bank of America Posts Earnings This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Work Pittsburgh's AI expertise may give rise to an already growing startup market Startups in the city raised more than $534 million through December 12, 2022, according to PitchBook, which, while not a lot of capital, is better than 2021, when they raised $336 million. And while the data is not consistently trending up and to the right — there was a huge outlier deal (Uber Advanced Technologies) in 2019 that spiked the yearly investment total to $1.3 billion — venture investors on the ground can feel the city’s potential. (I talked about Pittsburgh’s startup ecosystem on the City Cast Pittsburgh podcast recently in the context of two high-profile startup failures there, Ford- and VW-backed Argo AI and robotic vertical farming outfit Fifth Season. You can give it a listen here.) Work Video: See the damage left after powerful storms move across Southeast | CNN Work California storms 'significantly reduced' drought intensity, yet still more rain is needed | CNN Citing the city's water crisis, Los Angeles Mayor Karen Bass said in a statement that the city has "set a goal to maximize on-site rainwater capture because that is the only way to sustain our city in the future." Work 'He's a proven loser': Paul Ryan on Trump's future in the Republican Party | CNN Politics Work Julia Roberts has discovered she's not actually a Roberts | CNN "On the one hand, truly my mind is blown. And it is fascinating," Roberts said. "And on the other hand, there is, you know, part of me when I'm calmer, you know, can still wrap my arms around the idea that, you know, my family is my family. And I do prefer the name Roberts." Work Watch Texas Gov. Abbott respond to criticism for calling migrant crisis an 'invasion' | CNN Politics Work Old mice grow young again in study. Can people do the same? | CNN "The message is every day counts," Sinclair said. "How you live your life even when you're in your teens and 20s really matters, even decades later, because every day your clock is ticking." Work Opinion: Why Prince Harry is such a threat to a certain kind of man | CNN And yes, a break from hearing about the Sussexes would be very welcome. But I can't shake the feeling that, for his loudest detractors, this is bigger than Prince Harry. His most virulent critics feel threatened and betrayed by the version of modern masculinity he represents - one that, like the Prince himself, is trying to break free from its past. Work Watch: Ex-FBI official says one piece of evidence in Idaho killings is 'absolutely critical' | CNN Work Get used to the con man in Congress | CNN Politics In an awkward bit of timing, the GOP-led House voted this week to tweak the Office of Congressional Ethics, scaling back on its staff and making other changes critics say will defang it. Work Video: CNN reporter presses George Santos on his 'web of lies' | CNN Politics Work Arkansas Gov. Sarah Huckabee Sanders bans use of term 'Latinx' in state documents | CNN Politics During the opening of the Cheech Marin Center for Chicano Art and Culture in Riverside, California, last year, comedian Cheech Marin said: "That word (Latinx) is for my grandchildren." TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Subscribe to: Post Comments (Atom) Followers Blog Archive ►  2024 (52) ►  December (2) ►  October (2) ►  August (2) ►  July (4) ►  June (3) ►  May (5) ►  April (4) ►  March (2) ►  February (10) ►  January (18) ▼  2023 (834) ►  December (20) ►  November (54) ►  October (44) ►  September (108) ►  August (91) ►  July (29) ►  June (68) ►  May (104) ►  April (33) ►  March (30) ►  February (99) ▼  January (154) A Physical Theory For When the Brain Performs Best... Feb 1, 2023 - 4 Startup Terms Explained With Analo... January 31, 2023 - Russian offensive "imminent" as... 'Tomb Raider' is Becoming a TV Series -- 'The Last... 9 Strategies to Improve Business Team Collaboratio... Jan 31, 2023 - The Jack Ma test for China"s promis... January 30, 2023 - Russia-Ukraine war live: Zelens... Does the Best Workout Exist? Exercise Scientists A... 25 Years Ago, Steve Jobs Explained: This Is the 'M... 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