Reuters

LONDON (Reuters) -Goldman Sachs' fund division is to leave investor engagement group Climate Action 100+, joining other financial services companies which have pulled out amid a political backlash in the United States.

Goldman Sachs' fund division to leave climate investor group

Swiss commodities giant Glencore announced Wednesday that it had decided against spinning off its coal business for now after consulting shareholders who view the polluting fossil fuel as a cash-generating activity. Glencore completed its takeover of the steelmaking coal unit of Teck Resources in July following a protracted battle over...

Swiss mining giant Glencore drops plan to exit coal

Sustainable investments-focused Breakthrough Energy Ventures has raised over $839 million for its third flagship fund, according to a securities filing submitted last week. The financing positions it to be the largest climate fund raised in 2024 so far, according to a PitchBook estimate. The Bill Gates-backed climate venture capital firm...

Bill Gates-backed energy investment firm pulls in $839M for new climate fund

(Reuters) - Global investors funnelled substantial amounts into money market funds in the seven days to Aug. 7 as they rushed for safety amid a surge in market volatility triggered by fears of a U.S. slowdown and a strengthening yen that prompted unwinding of carry trades.

Global investors pour into money market funds amid market volatility

Axios

Former President Trump has been in a foul mood the past few weeks and has repeatedly called Vice President Harris a "bitch" in private, the N.Y. Times' Maggie Haberman and Jonathan Swan report. Why it matters: Axios has written extensively about this as the girls vs. boys election, with Democrats...

Report: Trump calls Harris a "bitch"

According to an article by Spencer Jacob for the Wall Street Journal (WSJ), which was published earlier today, investment expert Mark Spitznagel is concerned about the potential upcoming bursting of the “greatest bubble in human history.”. Spitznagel is an American investor and hedge fund manager best known for founding...

U.S. Stock Market Warning: The ‘Greatest Bubble in Human History’ Could Be About to Burst, Claims Investment Guru

Morgan Stanley is in the cash-sweep hot seat — again. The Wall Street investment bank is the latest brokerage to disclose an inquiry over its program of paying paper-thin interest rates to clients on cash. It’s a routine practice by some of the largest broker-dealers that involves shuffling clients’ uninvested assets into higher-yielding accounts. Some reports estimate firms earn profits 10 times what they pay to customers.

Morgan Stanley Faces SEC Questions Over Cash Sweeps

Both Bitcoin and Ethereum hiked by over 3% in the last trading session. Compared to ETH, BTC seemed overvalued at press time. Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.

Bitcoin vs Ethereum – Every $1 invested in either of these cryptos will…

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Denver, CO

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David Heitz

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Former President Trump's dramatic story of an emergency helicopter seems to have been a case of him mixing up two Black politicians. Why it matters: Rather than a new way to jab at Vice President Kamala Harris, Trump's helicopter tale launched a news cycle about his memory. "He either mixed...

Witness: Trump mixed up Black politicians in dramatic chopper tale

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Check out how high XRP can pump following the latest Ripple v SEC court ruling (according to some prominent analysts). XRP’s price jumped by 20%, reaching over $0.60 after a court ruled Ripple must pay a $125 million fine, far less than the SEC’s $2 billion demand. The...

How High Can Ripple’s (XRP) Price Go After the $125 Million Fine? (Top Analyst Predictions)

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

New York-based financial giant BlackRock has warned about cryptocurrency scams. Financial behemoth BlackRock has issued a warning about cryptocurrency-related scams on its social media account. "We urge caution in dealing with individuals, websites or social media platforms using our brand and offering training or investments," BlackRock said. BlackRock has stressed...

BlackRock Issues Major Crypto Warning

Jersey City, NJ

Essex County, NJ

Morristown Minute

NEWARK, N.J. – Efrin Wade, a former correctional officer at Essex County Correctional Facility (ECCF), has admitted to accepting $14,000 in bribes to smuggle contraband, including tobacco and a cell phone, into the facility for inmates. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Correctional Officer Guilty of Smuggling Contraband: $14K in Bribes Accepted

Colorado State

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

The Motley Fool

The stocks have underperformed in 2024, but they all have great long-term growth prospects and investors should look at buying them on a dip.

3 Stocks Down More Than 11% in 2024 That Are Screaming Buys in August

Aurora, CO

The Aurora Police Department released a statement on Tuesday on social media to clear up misinformation about an incident involving thousands of migrants. “Misinformation has spread on social media regarding the large gathering on Sunday at Gardens on Havana shopping center,” Aurora PD posted on X. “We recognize that Sunday’s incident was disconcerting and alarming for a large number of our residents and citizens. The purpose of this message is to provide the community with accurate information based on what we know right now.”

Law-abiding Venezuelans watch election results in Aurora, leave behind mess

A federal judge Wednesday ordered crypto firm Ripple to pay slightly more than $125 million in penalties for improperly selling its XRP token to institutional investors. The total was far below the nearly $2 billion the Securities and Exchange Commission sought, but also well above the $10 million ceiling Ripple argued for in an April court filing.

Ripple to pay $125M penalty in XRP case against SEC

NewsBreak

\"Pendulum has swung back\" on ESG, mining CEO says

The CEO of mining giant Glencore said out loud what plenty of C-suite execs doubtless think: the \"ESG pendulum has swung back over the last nine...

The CEO of mining giant Glencore said out loud what plenty of C-suite execs doubtless think: the "ESG pendulum has swung back over the last nine...

"Pendulum has swung back" on ESG, mining CEO says

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