Amid a surge in anti-Semitic incidents, the Santa Monica Police Department is investigating multiple reports of anti-Semitic graffiti found around the city in recent days, officials said. Police said the graffiti included swastikas and anti-Semitic messages written on sidewalks and lampposts. “We are appalled by these cowardly anti-Semitic acts,” Santa Monica Police Chief Ramon Batista said in a statement. “Our administration is fully committed to preserving the safety and dignity of all members of our community.”Police said some graffiti was spotted in the Pico neighborhood, near the 2100 and 2300 blocks of Pico Boulevard. One family decided to turn swastikas…
Author: ricardofrancois
Imagine you walk into a grocery store and see one brand of each product. Matching ketchup squeeze bottles. One company “Mustard”. One brand of “sauce”. “Hot sauce” from only one manufacturer. What a nice world that would be. If Momofuku succeeds in its goal, the only “Chili Crunch” product on store shelves will bear the Momofuku name.Momofuku, founded by chef David Chang, acquired the rights to use the phrase “chile crunch,” spelled with an “e,” last year from Chicago Colonial LLC, a Denver company that registered the trademark in 2015 with the Patent and Trademark Office. In the United States,…
The moon eclipses the sun during a total solar eclipse across North America, in Bloomington, Indiana, on April 8, 2024.Josh Edelson | AFP | Getty ImagesToday marks a total solar eclipse that is expected to cross the United States as millions of Americans attempt to position themselves in the path of totality to capture this celestial moment. The next time an eclipse of this power will cross the United States will be on August 23, 2044. Cities in the path of totality are bracing for an influx of people vying for the ultimate viewing experience and an economic boon.Bloomington, IndianaSigns…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, selects her favorite stories in this weekly newsletter.There is so much natural gas in West Texas that prices turned negative in March. Elsewhere in the United States, a combination of warm winter weather and higher production from gas wells has filled gas inventories beyond long-term averages. The good news is that, historically, very high storage levels have provided a contrarian buy signal. Sharp increases in US gas supply were followed by price rebounds in 2012, 2016 and 2020. This may be another one of those times. As of late…
Investors looking for high-quality income, as well as a bargain, should turn to mortgage-backed securities, according to UBS. Leslie Falconio, head of taxable fixed income strategy in UBS Americas' chief investment office, said the bank believes securitized products are relatively cheap compared to investment-grade corporate bonds. They also have current yields of about 5.7%, she told CNBC in an interview on Friday. Agency MBS are government-backed debt obligations issued by agencies such as Fannie Mae, Freddie Mac, and Ginnie Mae. Its cash flows are tied to interest and repayments on a group of mortgage loans. “This is a AAA asset…
Stay informed with free updatesSimply sign up for the myFT AI Digest – delivered straight to your inbox.The ability of new AI models will surpass human intelligence by the end of next year, as long as electricity supplies and devices can meet the demands of increasingly powerful technology, according to Elon Musk. “I believe we will have artificial intelligence smarter than any human by the end of next year,” said the billionaire businessman, who runs Tesla, X and SpaceX. Within the next five years, the capabilities of artificial intelligence will likely exceed those of all humans, Musk predicted Monday during…
The US Commerce Department on Monday proposed investing up to $6.6 billion to finance a third Taiwanese Semiconductor Manufacturing Co., Ltd. (TSMC) in Arizona. The funding will come through the Chips and Science Act, in an effort to boost the production of more domestic semiconductors. The move represents a broader push to bring more manufacturing to the United States, but the potential escalation of tensions with China was not heralded in the hype surrounding today's announcement. The proposed FAF is a new facility – meaning it is custom-built from the ground up. It will focus on 2nm (“or later”) architectures,…
New York – Former Defense Secretary Mark Esper called it a “threat to democracy.” Former National Security Advisor John Bolton declared that he was “unfit to be president.” Former Vice President Mike Pence refused to endorse him, citing “deep differences.”As Donald Trump seeks the presidency for a third time, he faces stiff opposition from an outspoken group of former officials who are direly wary of his return to power and offer dire predictions for the country and the rule of law if his campaign is successful.It is an astonishing chorus of critics, unprecedented in modern times, coming from those who…
Washington – The Justice Department on Monday criticized Republican efforts to detain Atty. Gen. Merrick Garland is in contempt over his refusal to hand over unredacted materials related to the special counsel's investigation into President Biden's handling of classified documents. In a letter obtained by The Associated Press, the Justice Department rejected House Republicans' request that the agency turn over the full audio recording of special counsel Robert Hoare's hours-long interviews with Biden and his ghostwriter. Republicans gave the Justice Department until Monday to provide the audio recording.Al-Ati's assistant. Despite GOP claims to the contrary, the Department has complied with…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, selects her favorite stories in this weekly newsletter.Oil markets are expected to become “very tight” in the second half of this year, according to hedge fund giant Citadel, as OPEC+'s control of the market allows prices to remain high.Sebastien Barrack, head of the company's commodities division, told the Financial Times' commodities summit in Lausanne on Monday that the organization had “certainly regained control” of the oil market.He added that this means that the quantities offered by member states, and the timing of this offer, “will determine the direction in…