January 2024 - Page 12 of 17

Ecuador Shaken by Days of Terror After Gang Leader’s Disappearance

11

Jan

New miscellaneous

Ecuador Shaken by Days of Terror After Gang Leader’s Disappearance

A sense of dread took hold in Ecuador on Wednesday, with the streets empty, schools closed and many people afraid to leave their homes after the disappearance of two gang leaders on Monday set off prison riots, police kidnappings and the on-air storming of a TV station.Even for a country accustomed to violence, the events that have rocked Ecuador this week were shocking.“I feel like the world I knew before is gone,” said María Ortega, a schoolteacher in Guayaquil, a sprawling coastal city. “You can know how things start, but not how they’ll end.”It began with violence erupting in prisons…

‘Gas-Station Heroin’ Sold as Dietary Supplement Alarms Health Officials

10

Jan

By William Lee

Health

‘Gas-Station Heroin’ Sold as Dietary Supplement Alarms Health Officials

The young father headed across the parking lot to join the other parents meeting their children’s new preschool teachers. After a few steps, he began sweating and twitching. As the sky reeled, he staggered back to the car, desperate to lie down in the back seat and breathe, hidden by tinted windows.“Did you take something?” his wife, Anne, shouted at him while dialing 911. Eric, 26, had completed rehab earlier in the summer.“The shot! The shot!” he groaned, just before he hit the ground and blacked out.In the emergency room of a nearby hospital in southern New Jersey, doctors tried…

Why Manchester City are being sued by Superdry

10

Jan

By William Lee

Sports

Why Manchester City are being sued by Superdry

Manchester City’s players wore modified training gear for their pre-match warm-up on Sunday following a High Court trademark infringement claim from fashion brand Superdry.It emerged last week that City are being sued for damages over the use of the words Super Dry — a type of beer sold by one of their main sponsors, Asahi — on their training kit.Some immediate implications have become apparent: up until Wednesday, January 3, the day Superdry’s claim was first reported by Law360, City’s players have worn bibs, sweatshirts and coats that bear the words ‘Asahi Super “Dry”’ in training and before matches.Since the…

Regulators Approve New Type of Bitcoin Fund, in Boon for Crypto Industry

10

Jan

By William Lee

Technology

Regulators Approve New Type of Bitcoin Fund, in Boon for Crypto Industry

Federal regulators on Wednesday approved a new financial product that tracks the price of Bitcoin, a landmark moment for the cryptocurrency industry that proponents hope will increase investment in the technology.The Securities and Exchange Commission authorized 11 applications by financial firms to offer what are known as exchange-traded funds tied to Bitcoin, a potentially simpler way for people to invest in digital assets on traditional platforms like the Nasdaq. Some of the largest financial companies in the world, including the asset managers BlackRock and Fidelity, were approved to offer the products, known as E.T.F.s, which could begin trading as soon…

Democrats Question Semiconductor Program’s Ties to Wall St.

10

Jan

By William Lee

Business

Democrats Question Semiconductor Program’s Ties to Wall St.

Two Democratic lawmakers on Tuesday expressed concerns about ex-Wall Street financiers overseeing the Commerce Department’s distribution of $39 billion in grants to the semiconductor industry, saying the staffing raised questions about the creation and abuse of a revolving door between government and industry.In a letter to the Commerce Department, Senator Elizabeth Warren of Massachusetts and Representative Pramila Jayapal of Washington criticized the department’s decision to staff a new office overseeing grants to the chip industry with former employees of Blackstone, Goldman Sachs, KKR and McKinsey & Company.The lawmakers said the staffing decisions risked an outcome where staff members could favor…

Quebec Still Longs for Its Lost Hockey Team, a Nationalist Symbol

09

Jan

By William Lee

New miscellaneous

Quebec Still Longs for Its Lost Hockey Team, a Nationalist Symbol

When the Nordiques left Quebec nearly 30 years ago, the hockey team’s departure fueled the kind of mythologizing and nostalgia familiar to fans of the Brooklyn Dodgers.The Nordiques’ stint in Quebec, playing there in the N.H.L. from 1979 to 1995, overlapped with the French-speaking province’s two failed attempts to secede from the rest of Canada, and the team’s identity melded with that of their fans: a linguistic minority struggling to assert itself in a part of the world dominated by English speakers.The Nordiques wore their politics on their sleeves, literally, putting the Quebec flag’s fleur-de-lis on their uniforms. They also…