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PLANetizen

L.A.-Las Vegas High Speed Rail Could Break Ground Next Year

A high speed rail connection between Los Angeles and Las Vegas could break ground next year, promising to cut the trip between Southern California and Vegas to just over two hours. As Dan Zukowski writes in Smart Cities Dive,the $8 billion, privately funded project would operate high speed trains along the Interstate 15 corridor, primarily using the highway median.
LAS VEGAS, NV
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thecoinrise.com

Crypto Scammer Gets 18 Months Behind Bars: Report

According to Bloomberg News, Nicholas Truglia, a 25-year-old hacker, faced charges for conducting a crypto fraud last year and is now sentenced to 18 months in jail. According to the U.S. department of justice, United States Attorney for the Southern District of New York, Damian Williams said that Nicholas Truglia was given an 18-month jail term for his role in the fraud of over $20 million worth of cryptocurrencies in a SIM swap attack of and was also compelled to pay $20,379,007 in compensation to the Victim within 60 days. Alvin K. Hellerstein, a federal district judge, handed down a conviction and sentence against Truglia.
NEW YORK CITY, NY
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Detroit News

Renault-Nissan alliance talks continue as Uchida heads to France

Nissan Motor Co. Chief Executive Officer Makoto Uchida is heading to France for more talks with French partner Renault SA aimed at resetting a two-decade-old alliance, said people familiar with the situation. Uchida will attend a board meeting of the operating alliance on Tuesday at Renault headquarters in Boulogne-Billancourt, outside...
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Uber CEO says no job cuts despite competitor moves

Uber CEO Dara Khosrowshahi said on Thursday that he does not anticipate job cuts at the ride-hailing and food delivery company, even as his competitors have announced layoffs in recent weeks. “No, we’re in a good place,” Khosrowshahi told Bloomberg News in response to a question about potential cuts....
newsazi.com

Geopolitical Rivalries Are Transforming the Contours of Trade

(Bloomberg) — Reports of the death of globalization are looking greatly exaggerated. Yes, a US-China trade war, a global pandemic, Brexit and Russia’s war in Ukraine have rattled the once-entrenched ways that the world’s largest economies trade with each other. Such events are beginning to transform supply chains in important ways.
WASHINGTON STATE
Seattle Times

Green factories are changing minds in more conservative U.S. states

At least $25.7 billion in new U.S. clean-energy factories are in the works, thanks in part to the generous subsidies in President Joe Biden’s landmark climate law. Most of these projects — and the jobs that come with them — are in traditionally conservative states. In Dalton,...
GEORGIA STATE
dailyuspost.com

£10,000 available: how much should I invest in growth stocks?

Investing in growth stocks tends to be higher risk than value stocks. There are some pretty simple reasons for this. But let’s assume I have £10,000 to invest. The question is, how much of my money should I be investing in growth stocks?. Why are growth stocks riskier?
cannabis-journal.net

Younger Persons are Turning to Instagram for Hashish Offers

While it isn’t true of all, some social media sites have become a dominant platform in the illicit cannabis market, especially for those under the age of 21. Even in legal states, it’s difficult to control this digital space. In New York, where licensing issues have stalled legal recreational salesillicit storefronts have popped up all over the state.
nytimesnewstoday.com

Entertainment News Roundup: Cineworld creditors mull sale of east European theatres -Bloomberg News; Twitter suspends Kanye West’s account again and more | Entertainment

Following is a summary of current entertainment news briefs. Cineworld creditors mull sale of east European theatres -Bloomberg News. Cineworld Group PLC’s lenders have held talks on breaking up the bankrupt cinema chain and selling its eastern Europe operations, Bloomberg reported on Friday. Bids of around $1 billion were more likely to meet the lender group’s threshold for a sale of the movie theatre chain’s Cinema City and Yes Planet theatres in eastern Europe, and Rav-Chen operations in Israel, people familiar with the matter told Bloomberg, adding that no formal process had started yet.
WASHINGTON STATE
yourdecommissioningnews.com

News of the arrest of Russian-Israeli billionaire Michael Friedman in the UK

Russian state media has identified a businessman arrested in London on Saturday as Russian-Israeli Mikhail Friedman, founder of one of the country’s largest banks. The UK National Crime Agency, without naming him, said the arrested man was suspected of money laundering, conspiracy to defraud the Home Office and conspiracy to commit perjury.
wnews247.com

Airbus looking to procure green hydrogen from India

European aircraft manufacturer Airbus is looking to source green hydrogen from India as well as Australia and Latin America. The company official told PTI news agency that Airbus is working on developing a hydrogen-powered fuel cell engine for its ambitious zero-emission aircraft that will enter service by 2035. Airbus has...
rigzone.com

Top Headlines: Oil Market Shows Extreme Sensitivity to OPEC+ Suggestions

Here are some of Rigzone’s top stories during the last week, just in case you missed them…. Oil Market Shows Extreme Sensitivity to OPEC+ Suggestions. The oil market has shown extreme sensitivity to suggestions that OPEC+ ministers might consider increasing output targets, a recent report from Standard Chartered highlighted.
kalkinemedia.com

UPDATE 2-Wall Street bankers to see bonuses shrink as dealmaking sputters - Bloomberg Law

(Adds response from Citi, Bank of America) Dec 2 (Reuters) - Wall Street banks are weighing plans to slash bonuses this year, Bloomberg Law reported on Friday, as investment banking comes under pressure from choppy markets and a high interest-rate environment. Citigroup Inc and Bank of America Corp are considering...
104.1 WIKY

Cineworld creditors mull sale of east European theatres -Bloomberg News

(Reuters) – Cineworld Group PLC’s lenders have held talks on breaking up the bankrupt cinema chain and selling its eastern Europe operations, Bloomberg reported on Friday. Bids of around $1 billion were more likely to meet the lender group’s threshold for a sale of the movie theatre chain’s Cinema City and Yes Planet theatres in eastern Europe, and Rav-Chen operations in Israel, people familiar with the matter told Bloomberg, adding that no formal process had started yet.
TEXAS STATE
asumetech.com

Putin rejects Biden’s conditions for talks on Ukraine

Moscow rejected US President Joe Biden’s terms for negotiations on Ukraine with Russian President Vladimir Putin. Kremlin spokesman Dmitry Peskov said Moscow was not ready to start talks if Washington’s condition is for Russia to leave Ukraine, while in Kiev he told German Chancellor Olaf Scholz that intensified Russian attacks on Ukraine’s energy infrastructure Ukraine are “necessary and inevitable”.
WASHINGTON STATE
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