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President Biden and Prime Minister Trudeau have reaffirmed their commitment to strengthening U.S.-Canadian ties

CWEB

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March 24, 2023

On Friday, President Joe Biden and Canadian Prime Minister Justin Trudeau affirmed the strong relationship between the two countries and revealed an agreement to turn away asylum seekers who cross their borders without permission.

The two world leaders held a press conference together, where they addressed a variety of topics, including their efforts to combat the opioid epidemic, climate change, and political unrest in Haiti.

When President Joe Biden made his first presidential visit to Canada, he stood next to Prime Minister Justin Trudeau in Ottawa and vowed that the two countries would always have each other’s backs. We’ve unlocked the economic potential of our people and our

alliance, an alliance that now facilitates daily commerce worth over $2.5 billion.

By bolstering supply networks for crucial minerals and semiconductors, and by extending Inflation Reduction Act tax credits to electric cars assembled in Canada, “we’re transforming our hemisphere into a clean energy powerhouse,” he said.

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Mr. Biden emphasized the long and strong connection between Canada and the United States in his speech to Parliament. In a joint statement, the leaders reaffirmed their dedication to the use of renewable energy, the creation of good jobs, the improvement of semiconductor supply chains, the safeguarding of common waters and the Arctic ecosystem, and the strengthening of international organizations like NATO, the United Nations, and the G20.

“Today I say to you and all of the people of Canada that you will always, always be able to count on the United States of America,” Mr. Biden said. Knowing that the United States and Canada remain united gives me hope for the future more than anything else.

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President Biden Reaffirms US and NATO Solidarity with Poland

Mark Zuckerberg and Priscilla Chan welcome third baby, call daughter ‘little blessing’

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March 24, 2023

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On Friday, Mark Zuckerberg, co-founder of Facebook and chief executive of Meta and his wife Dr. Priscilla Chan welcomed their third baby. They made an announcement on their social media platform and posted photos of them with baby no. 3 who has been named Aurelia. The couple have already welcomed their two daughters.

On Instagram, a social network platform of parent Meta, the couple wrote, “Welcome to the world, Aurelia Chan Zuckerberg. You’re such a blessing.”

They posted a photo of Mark Zuckerberg fondly gazing at their baby daughter. Baby Aurelia appears to be gazing directly at her dad, who has a wide smile on his face. The second photo was of Priscilla Chan cradling baby Aurelia next to her skin. The photo appears to have been taken shortly after the birth of their baby girl.

In September 2022, 38-year-old Zuckerberg mentioned his two children and the arrival of their third child. The tech entrepreneur posted a smiling selfie on Instagram where he placed his hand on Priscilla’s baby bump. He captioned the photo: “Happy to share that Max and August are getting a new baby sister next year.”

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Mark Zuckerberg and Priscilla Chan met at Harvard University, in 2003. Zuckerberg and friends founded Facebook while Priscilla continued her education and became a pediatrician. They got married in 2012. They welcomed daughters Max, 7 in 2015 and August, 5 in 2017.

Mark Zuckerberg and Priscilla Chan are also Co-Founders and Co-CEOs at the Chan Zuckerberg Initiative (CZI). The site describes CZI as a new kind of philanthropy. It was founded in 2015 and its grants are used to foster scientific breakthroughs. Based in Redwood City, California the initiative also aims to combine tech with collaboration to increase “progress in science and education.”

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Mark Zuckerberg and Priscilla Chan Daughters 5 and 4 Learn How to Code

Governor Newsom Introduces Proposal to Hold Big Oil Accountable to Help Reduce Gas Prices

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March 24, 2023

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Wikimedia Image Gage Skidmore from Peoria, AZ, United States of America

Governor Gavin Newsom’s plan to establish an oversight committee to hold the oil industry accountable for profiteering on gas prices and penalize oil refineries when their profit margins soar too steep was adopted by California senators on Thursday by a vote of 30-8. To hold “Big Oil” responsible, Gov. Newsom’s new transparency and accountability measures include a price-gouging penalty.

The goal of the price gouging penalty is to discourage price gouging of California consumers in the first place. This measure authorizes the CEC via a public rulemaking process, and informed by expert analysis, to impose a civil penalty on refiners who have engaged in price gouging.

Last year, oil firms raised the price of gasoline in California by an unprecedented $2.61 over the national average, to $6.42 per gallon. The majority of that gain went directly to the bottom line of Big Oil, giving them a record-breaking $200 billion in earnings for the year.

California Governor Newsom could sign the bill as early as this coming Monday. He also directed the California Air Resources Board to permit oil refineries to switch to winter-blend gasoline earlier than usual, so increasing the state’s gasoline supply.

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Governor Newsom said, “For decades, oil companies have gotten away with ripping off California families while making record profits and hiding their books from public view,” Newsom said in a statement. “With this proposal, California leaders are ending the era of oil’s outsized influence and holding them accountable. Thanks to the Senate’s quick action, we’re getting this done for California families.” “Gas prices are too high. Time to enact a windfall profits tax directly on oil companies that are ripping you off at the pump.”

Attorney General Rob Bonta, co-sponsor: “We’re sick of seeing exorbitant profits by big oil companies like Chevron and Exxon while many Californians are struggling to make ends meet. I stand with the Governor in sponsoring this legislation to defend hardworking California families and to provide greater transparency and oversight in the marketplace. Price gouging of California consumers is unacceptable. It’s time for big oil to play by the rules or pay the price.”

Senator Nancy Skinner, author (D-Berkeley): “In 2022, while oil companies were hauling in more than $200 billion in profits, Californians were being hit at the pump with record high gas prices – $2.61 per gallon higher than the national average. Those sky-high prices came at a time when the cost of crude oil was down and there were no changes to our state taxes, fees, or regulations. By passing SBX 1-2 today, my Senate colleagues and I made sure every Californian knows that we have your back. SBX 1-2 contains the strongest transparency and oversight measures in the nation so we can hold oil companies accountable if they manipulate prices and pay their profits at the expense of hard-working Californians. I want to thank Gov. Newsom for bringing forward this groundbreaking proposal, my legislative colleagues for their hard work on it, and the Senate for passing SBX 1-2 today.”

Source: Office of The Governor Gavin Newsom

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California Gov. Newson signs law to make abortions cheaper in state

Watch: Man buys $68,000 Maserati from Carvana for wife’s birthday, then learns it’s a stolen car

CWEB Staff

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March 24, 2023

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An Army veteran, Jason Scott from Moore County paid almost $68,000 for a 2021 Maserati SUV on Carvana (CVNA), only to discover months after that it was a stolen vehicle. And the turmoil surrounding his recent Vehicle purchase is just getting started.

For Jason Scott, this was a major investment. In November, he gave his wife a Maserati from Carvana for more than $68,000 as a birthday present.

It was reported when Scott and his wife had their car serviced at a nearby Maserati dealership in February, which is when they discovered the VIN on the vehicle, the windshield, and the door didn’t match. The facility determined the car was a 2017 Maserati that had been stolen. When Scott found this out, he immediately called Carvana. He was questioned by the police but was later let go.

The paperwork from Carvana said the car was a 2021. When Scott called Carvana to let him know what was happening Carvana said that he could trade the car in.

He replied he couldn’t do that because the police were in possession of the vehicle as it was a stolen car. Scott requested that Carvana give him back his down payment as well as the two payments he already made on the vehicle.

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Scott hired a lawyer, and he wrote Carvana a letter outlining his requests, which included a public apology and $1 million in damages for reputational and financial losses. In a letter to Scott’s attorney, Carvana did admit that they had no prior information that the car was stolen when they bought it, nevertheless they expressed regret for the incident. According to the letter, Scott was offered $1,000 as a gesture of goodwill by Carvana and a refund of the money he had already used to make the purchase or allow him to exchange it for another vehicle of his choosing.

Having received 130 complaints about Carvana, the North Carolina Attorney General’s office says it is looking into the matter. The Attorney General’s office is not aware of any complaints about the sale of stolen vehicles.

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Carvana Shares Jump 29 percent Intra-Day on Bond Exchange Plan

Starbucks Employees Stage Walkout, Protest Alleged Union Busting Before Shareholder Meeting

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March 24, 2023

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Starbucks Employees Stage Walkout, Protest Alleged Union Busting Before Shareholder Meeting

Twitter-Beto “Slacker Barista” Sanchez
@beibangwen

On Wednesday, a Starbucks (SBUX) store in Arlington, Virginia, had to shut its business after the food chain’s union-busting prompted workers to go on strike. Labor activists and workers protested outside Starbucks’ Seattle headquarters on the eve of the annual shareholders meeting. According to reports, employees walked out of the day’s job at over 100 Workers-United Baristas in 40 U.S. cities, according to organizers.

Some stores remained open because the workforce remained on the job, but there were others where employees from nearby stores were needed to work additional shifts to step in for the strikers, Starbucks said.

The coffee company’s annual meeting will be held on Thursday, and protestors plan to call for new CEO Laxman Narasimhan to be more accepting towards their unionization efforts, according to Starbucks Workers United organizers.

Starbucks announced in September that interim CEO, Howard Schultz, would be replaced by Narasimhan on April 1. A Senate committee has been investigating the coffee industry giant’s response to the widespread unionization movement, and Schultz is getting ready to testify before them.

At least 280 company-owned Starbucks stores in the U.S. have voted in favor of unionization since late 2021. Starbucks and the union have yet to reach a contract agreement at any of those sites. Among the demands made by workers are better pay, more consistent schedules, and safer stores.

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The company opposes unionization because it claims that it already provides advantages that are unparalleled in the industry. It can be difficult for workers to accumulate enough hours to qualify for Starbucks benefits, according to labor advocates. Both parties have filed numerous grievances with the National Labor Relations Board regarding one another’s tactics.

Welcome the partners from Central & 3rd in Louisville, KY to the movement! Workers are challenging what Starbucks means when they say we’re “partners” and hoping for a new path forward with incoming CEO Laxman Narasimhan. pic.twitter.com/RK3lJfNMq1
– Starbucks Workers United (@SBWorkersUnited) March 23, 2023

The coffee-making chain was found to have engaged in “egregious and widespread misconduct” in Western New York, the region where the union campaign got its start, including illegal monitoring and firing of union supporters, according to a recent ruling by a court. A judge ruled last week that Starbucks must reinstate seven fired employees from a store in Buffalo, New York, for breaking labor rules. In addition, the judges ordered Schultz to read aloud or appear at a reading of employee rights and disseminate a recording of the reading to each Starbucks employee working in the United States.

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Netflix Shares Attractive After 22 percent Drop Post Q4 Highs

ATP News: Thanasi Kokkinakis pulls out first-round win in Miami

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March 24, 2023

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ATP News: Thanasi Kokkinakis pulls out first-round win in Miami

Thanasi Kokkinakis, a lucky loser from qualifying who landed a spot in the Miami Open, extended his stay in the main draw on Thursday.

Barely.

The 94th-ranked Australian saved three match points before emerging with a 4-6, 6-3, 7-6 (7) win over Belgium’s Zizou Bergs in first-round action.

The players exchanged service breaks in the middle of the third set before ending up in a decisive tiebreaker. Bergs went up 6-4 before Kokkinakis pulled level, then had another chance to close the match at 7-6 before Kokkinakis claimed three points in a row to seal the victory.

“I’ve been feeling happy on court the past couple of weeks and made a pact with myself to at least compete, no matter how I’m feeling,” Kokkinakis said. “My tennis is fine; it’s just my head. I’m just trying to give myself every chance.

“The crowd got behind me, and without them I wouldn’t have pulled through. I’m happy I live to fight another day.”

Kokkinakis advances to a second-round matchup against eighth-seeded Hubert Hurkacz of Poland, who won the Miami Open two years ago. Hurkacz, like all of the tournament’s top 32 seeds, received a first-round bye.

The field is headed by No. 1 Carlos Alcaraz of Spain (the defending champion), No. 2 Stefanos Tsitsipas of Greece, No. 3 Casper Ruud of Norway and No. 4 Daniil Medvedev of Russia.

Elsewhere on Thursday, Roberto Carballes Baena was pitching a shutout in an all-Spanish matchup before Bernabe Zapata Miralles retired while trailing 6-0, 3-0.

U.S. lucky loser Aleksandar Kovacevic earned a 7-6 (4), 2-6, 6-1 win over Spain’s Jaume Munar.

Three qualifiers won: Christopher Eubanks prevailed in an all-U.S. match against Denis Kudla 7-6 (2), 6-2; Chile’s Cristian Garin edged the United States’ Marcos Giron 6-4, 2-6, 6-4; and Japan’s Yosuke Watanuki took an all-qualifier matchup against France’s Benoit Paire 6-4, 7-5.

Other first-round winners were France’s Gregoire Barrere, Argentina’s Tomas Martin Etcheverry, the Czech Republic’s Jiri Lehecka, the United States’ Mackenzie McDonald, Slovakia’s Alex Molcan, Brazil’s Thiago Monteiro, Italy’s Lorenzo Sonego and France’s Richard Gasquet, Quentin Halys and Adrian Mannarino.

–Field Level Media

Watch: Crypto asset entrepreneur Justin Sun and three of his wholly owned companies charged with fraud by the SEC

CWEB Staff

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March 24, 2023

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According to the SEC, Sun, a 32-year-old Chinese national who represents Grenada as its permanent representative at the World Trade Organization, is thought to reside in Singapore or Hong Kong.

Justin Sun, a “crypto asset entrepreneur” who controls a number of companies involved in the cryptocurrency industry, including Tron Foundation and BitTorrent Foundation, is the principal target of the SEC allegations. According to the SEC’s press statement, he has been charged “for the unregistered offer and sale of crypto asset securities Tronix (TRX) and BitTorrent (BTT).”

“The Commission also alleges that Sun violated the antifraud and market manipulation provisions of the federal securities laws by orchestrating a scheme to artificially inflate the apparent trading volume of TRX in the secondary market.” “From at least April 2018 through February 2019, Sun allegedly directed his employees to engage in more than 600,000 wash trades of TRX between two crypto asset trading platform accounts he controlled, with between 4.5 million and 7.4 million TRX wash traded daily.” “This scheme required a significant supply of TRX, which Sun allegedly provided.” “As alleged, Sun also sold TRX into the secondary market, generating proceeds of $31 million from illegal, unregistered offers and sales of the token.”

Representing #GrenadaðŸ‡¬ðŸ‡© at the @wto #MC12 was an honor. I look forward to participating in future conventions that will help advocate issues in e-commerce, trade, climate and oceans, and further the growth of #digital economies in #SIDS and @oecscommission Member States ðŸŒŽ pic.twitter.com/4Y5zJnGSMm

– H.E. Justin Sun ðŸ‡¬ðŸ‡© (@HEjustinsun) July 12, 2022

In addition, the SEC. has charged eight celebrities.

The SEC said, “With the exception of Cortez Way and Mahone, the celebrities charged today agreed to pay a total of more than $400,000 in disgorgement, interest, and penalties to settle the charges, without admitting or denying the SEC’s findings.”

Celebrities Lindsay Lohan, Jake Paul, and others are charged by the SEC of unlawfully promoting cryptocurrency. The SEC charges celebrities and influencers touting crypto tokens to inflate the prices using social media.

A New York federal district court received the complaint. Sun “induced investors to purchase TRX and BTT by arranging a promotional campaign in which he and his celebrity promoters obscured the fact that the celebrities were paid for their tweets,” according to a statement from SEC Chair Gary Gensler.

Eight celebrities including actress Lindsay Lohan, influencer Jake Paul and musician Soulja Boy have been charged by federal officials with fraudulently advocating two cryptocurrencies and failing to disclose they were paid to do so- which is illegal.

The SEC has formerly charged Lindsay Lohan and seven others:

Jake Paul

DeAndre Cortez Way (Soulja Boy)

Austin Mahone

Michele Mason (Kendra Lust)

Miles Parks McCollum (Lil Yachty)

Shaffer Smith (Ne-Yo)

Aliaune Thiam (Akon)

The celebrities named by the SEC were charged with “illegally touting” the TRX and/or BTT crypto tokens “without disclosing that they were compensated for doing so and the amount of their compensation.” The celebrities have agreed to pay a total of more than $400,000 to settle the charges without admitting or denying the SEC’s findings.

Kim Kardashian was hit with a more than $1 million fine from the SEC in October for promoting EthereumMax digital tokens on Instagram without revealing that she was being paid to do so. Similar accusations were made against Floyd Mayweather Jr., DJ Khaled, and Steven Seagal in 2018 and 2020, respectively.

Watch: Eight Celebrity Stars including Lindsay Lohan, Jake Paul face crypto scheme charges by SEC

The shares of Activision Blizzard Inc. rose on good regulatory news

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March 24, 2023

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The shares of Activision Blizzard Inc. rose on good regulatory news

The Competition and Markets Authority of the United Kingdom has reduced the scope of its probe into Microsoft’s (MSFT) acquisition of games publisher Activision Blizzard (ATVI), sending Activision Blizzard’s stock soaring on Friday.

Microsoft can count this as a victory in its quest to grow its video game division. With mega-mergers like the purchase of ZeniMax Media, the parent company of Bethesda Softworks, the Redmond, Washington tech behemoth has increased its emphasis on the gaming industry.

Provisional results from the CMA’s investigation into the takeover were released in February, indicating that the transaction may lead to increased prices, fewer options, and less innovation. The regulator expressed worry that the merger would significantly reduce competition in the console gaming market.

The regulator has since gotten “a significant amount” of comments from stakeholders in the industry regarding the proposed transaction. The CMA claims it now has more reason to doubt the merger will harm platform gaming competition in light of the new information.

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Groupon Shares Attractive After 15 percent Drop Post Q4

MLS News: Galaxy, Timbers out to get seasons on track

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March 24, 2023

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MLS News: Galaxy, Timbers out to get seasons on track

The Los Angeles Galaxy’s quest for their first victory of the season continues on Saturday when they visit the Portland Timbers.

The Galaxy (0-1-2, 2 points) have sputtered out of the blocks with a loss and two draws.

Defender Kelvin Leerdam scored in first-half stoppage time for his first MLS goal since 2020, helping Los Angeles salvage a 1-1 draw versus the Vancouver Whitecaps last Saturday.

Galaxy coach Greg Vanney was quick to note that the team is missing star Javier “Chicharito” Hernandez, the team’s leading scorer the past two seasons. Midfielder Douglas Costa sat out the first three games due to injury as well.

“We’re going through our phase of a couple of big injuries along with some guys that we’re still trying to get into the doors and get integrated into the group,” Vanney said. “It’s a process of keep getting better every game and take points along the way.”

Like Los Angeles, Portland (1-3-0, 3 points) isn’t singing a pretty tune after following a season-opening win with three straight losses.

Second-half substitute Tega Ikoba scored in his season debut last Saturday, accounting for the short-handed Timbers’ lone bright spot in a 5-1 shellacking at the hands of Atlanta United. Ikoba, 19, became the youngest goal scorer in the franchise’s MLS history.

“I will assume the responsibility of this defeat,” Portland coach Giovanni Savarese said. “We need to be a better team. I know that it’s difficult when you’re missing so many players. Many people could just blame it on that, on so many players we don’t have. Which is a reality. But we cannot hide on that and just say that (the) result was because we didn’t have enough players. We had enough players to still compete.”

The Timbers are 0-3-1 in their last four matches against the Galaxy. Los Angeles recorded a 3-1 win over host Portland on April 3 before the teams settled for a 1-1 draw on June 18 in California.

–Field Level Media

NHL News: Bruins streaking again as Lightning come to town

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March 24, 2023

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NHL News: Bruins streaking again as Lightning come to town

Even though the Boston Bruins are already on the cusp of clinching the Atlantic Division, coach Jim Montgomery knows how difficult it is to win in the National Hockey League.

Yet again, a winning streak is growing.

The Bruins (55-11-5, 115 points) will go for their sixth consecutive victory when they host the Tampa Bay Lightning on Saturday afternoon.

“I know we’ve won a lot this year, but it really is (hard to win) with the schedule as challenging as it is right now,” Montgomery said. “We’re playing four games a week, and it’s four in six nights consecutively for five weeks, so we’re not going to have the most energy we usually have.”

Saturday begins the Bruins’ third of five straight weekend back-to-backs, the second including a road game following a home game.

Following the game, Boston heads to face Carolina, which became the second team to clinch a Stanley Cup Playoff berth after beating the New York Rangers on Thursday.

David Pastrnak is one goal away from becoming the Bruins’ first 50-goal scorer since current team president Cam Neely in 1993-94.

The winger’s 49th of the season set a new career-high mark and stood as the game-winner in Thursday’s 4-2 win over Montreal.

“He’s probably the best at knowing where to go to score goals in this league — or one of them, if not top three,” Jake DeBrusk said. “You just try to take notes, honestly, day to day and see how he does it.”

After the Canadiens pulled goaltender Jake Allen, linemate Brad Marchand attempted to set up Pastrnak for the milestone goal with an empty net.

“(This team is) incredibly selfless,” Montgomery said. “You see guys sacrificing their bodies blocking shots, you see plays like that. It’s not the first time we’ve seen guys pass up an empty-net goal to try and get somebody else. Whether they’re trying to get 20 goals, 50 goals, 800 points, 1,000 points. A lot of milestones this year.”

Pastrnak has seven goals and 15 points in his last 11 games.

On Friday, forward A.J. Greer will have a hearing with NHL Player Safety after being assessed a five-minute major and a game misconduct for a cross-check to Montreal’s Mike Hoffman’s face during Thursday’s first period.

The Lightning (42-25-7, 90 points) are 5-4-1 in their last 10, having lost three straight — including Thursday’s 7-2 loss to Ottawa — following a three-game win streak.

Tampa has scored just twice in each of its recent losses, with Thursday’s game marking the third since February in which it allowed seven goals. A four-goal third period blew open Ottawa’s lead.

“We fed everything they did, and it’s unfortunate,” Tampa coach Jon Cooper said. “We’re having a little tough stretch here, but it’s all self-inflicted. I’m just not sure when they’re going to learn, but they’re learning tough lessons.”

Brayden Point and Mikhail Sergachev scored the Lightning goals, both of which were assisted by Steven Stamkos and Nikita Kucherov.

Stamkos has three goals and five assists during a five-game point streak.

On Thursday, though, it was far too little. The Lightning will have to correct the turnover issue quickly while readying for the NHL’s best team.

“I think there is a little bit of feeling sorry for ourselves, a tiny bit,” Cooper said. “I think that’s what makes it tough. They know they’re making these mistakes.”

–Field Level Media

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President Biden and Prime Minister Trudeau have reaffirmed their commitment to strengthening U.S.-Canadian ties

Mark Zuckerberg and Priscilla Chan welcome third baby, call daughter ‘little blessing’

Governor Newsom Introduces Proposal to Hold Big Oil Accountable to Help Reduce Gas Prices

Watch: Man buys $68,000 Maserati from Carvana for wife’s birthday, then learns it’s a stolen car

Starbucks Employees Stage Walkout, Protest Alleged Union Busting Before Shareholder Meeting

ATP News: Thanasi Kokkinakis pulls out first-round win in Miami

Watch: Crypto asset entrepreneur Justin Sun and three of his wholly owned companies charged with fraud by the SEC

The shares of Activision Blizzard Inc. rose on good regulatory news

MLS News: Galaxy, Timbers out to get seasons on track

NHL News: Bruins streaking again as Lightning come to town

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