Author: News Room

Why America’s ‘Beautiful Beef’ Is a Trade War Sore Point for Europe

Hendrik Dierendonck, a second-generation butcher who has become, as he describes it, “world famous in Belgium” for his curated local beef, thinks Europe’s way of raising cattle results in varied and delicious cuts that European consumers prize.“They want hormone-free, grass-fed,” Mr. Dierendonck explained recently as he cut steaks at a bloody chopping block in his Michelin-starred restaurant, which backs onto the butchery his father started in the 1970s. “They want to know where it came from.”Strict European Union food regulations, including a ban on hormones, govern Mr. Dierendonck’s work. And those rules could turn into a trade-war sticking point. The…

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U.S. and China Will Meet for Second Day of Trade Talks

Top economic officials from the United States and China will meet on Sunday in Geneva for their second day of high-stakes negotiations, discussions that are aimed at easing tensions stemming from President Trump’s trade war.The talks have major implications for the global economy, which has been rocked by the tariffs that the United States and China have imposed on each other in recent months. Mr. Trump has imposed a minimum tariff of 145 percent on all Chinese imports, while China has hit American products with a 125 percent import tax.Such punitive levies are already disrupting the world’s supply chains. American…

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Elizabeth Holmes’s Partner Has a New Blood-Testing Start-Up

Elizabeth Holmes is in prison for defrauding investors through her blood-testing company, Theranos. In the meantime, her partner is starting one of his own.Billy Evans, who has two children with Ms. Holmes, is trying to raise money for a company that describes itself as “the future of diagnostics” and “a radically new approach to health testing,” according to marketing materials reviewed by The New York Times.If that sounds familiar, it’s because Theranos similarly aimed to revolutionize diagnostic testing. The Silicon Valley start-up captured the world’s attention by claiming, falsely as it turned out, to have developed a blood-testing device that…

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Haemanthus’s Patent for ‘Raman Spectroscopy System’

(56) References Cited OTHER PUBLICATIONS US 12,203,862 B1 Page 5 Acri, Giuseppe, et al. “Raman Spectroscopy as Noninvasive Method of Diagnosis of Pediatric Onset Inflammatory Bowel Disease.” Applied Sciences, vol. 10, No. 19, Oct. 5, 2020, p. 6974, doi:10. 3390/app10196974. Westley, Chloe, et al. “Real-time Monitoring of Enzyme-catalysed Reactions Using Deep UV Resonance Raman Spectroscopy.” Chem- istry A European Journal, vol. 23, No. 29, May 2, 2017, pp. 6983-6987, doi:10.1002/chem.201701388. Larmour, Iain A., et al. “The Past, Present and Future of Enzyme Measurements Using Surface Enhanced Raman Spectroscopy.” Chemical Science, vol. 1, No. 2,…

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Remarrying in Retirement Can Mean Tricky Money Talks

Marriage inevitably involves financial compromises both small and large. Joint or individual checking accounts? How much is too much to spend on a car? Name-brand or store-brand groceries?When a couple remarries late in life, the stakes get higher. How should the expenses for those bucket-list retirement trips be divided? Whose name goes on the deed to the new condo? Who inherits the house or stock portfolio: the surviving spouse or that person’s children from a prior marriage?Many newlywed retirees find that the answers to these questions evolve. For a retired director of a nonprofit and a retired I.T. professional in…

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‘Don’t Need a Deal.’ Top Trump Economic Adviser Is All in on His China Hardball

The first 100 days of the second Trump administration have been a whirlwind. And Stephen Miran, the chair of President Trump’s Council of Economic Advisers, has been at the center of what he calls “the volatility.” Mr. Trump has raised import taxes to levels not seen since the 1930s. And trade talks to roll them back — or not — are in flux, leaving the trajectory of the U.S. economy, consumer prices and global trade in limbo.Miran, a Ph.D. economist trained at Harvard — who is renown for floating the idea of a Mar-a-Lago Accord to “restructure the global trading…

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‘Sinners’ Box Office Success Could Put It in Hollywood’s Horror Hall of Fame

Ryan Coogler’s “Sinners” is on a pace to collect at least $330 million in worldwide ticket sales for Warner Bros. by the end of its run, several box office analysts said, a haul that would put it in Hollywood’s horror hall of fame.Ticket sales on that level, for instance, would be on a par with those for Jordan Peele’s Oscar-winning “Get Out,” which took in $256 million globally in 2017, or $337 million when adjusted for inflation. Among original horror movies, “Sinners” would be the biggest since 2018, when “A Quiet Place,” directed by John Krasinski, took in $440 million…

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How Much Do People Pay for Newsletters Like Substack? It Can Be Surprising.

Despite the surprise, Ms. Hermann-Johnson didn’t consider culling her list. As she read through her paid newsletters — among them from Nora McInerny, a grief writer; Laura McKowen, a sobriety writer; and Catherine Newman, a memoirist and novelist — there were no surprises. All were writers she read, loved and felt good about giving money to.“I just want to support them and their work, and that’s how I feel like I can do it,” she said.A Relatively New Spending CategoryHamish McKenzie, one of Substack’s founders, wrote in a Substack post last year that Ben Thompson, a tech analyst who writes…

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Worried About the Economy Amid Trump’s Tariffs? Building an Emergency Fund Can Help.

How much should I save in an emergency fund?Vanguard, the big mutual fund company, suggests setting aside $2,000, or half of one month’s expenses, whichever is greater, as a buffer to cover unexpected but common “shocks,” like a car or home repair or medical bill. Then, to protect against a possible job loss, it suggests continuing to save to build a buffer of three to six months of living expenses so you can pay your bills while looking for another job. (The average span of unemployment was just under six months, according to the latest jobs report.)With roughly $2,000 on…

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Chinese Factories Are Moving Manufacturing to Vietnam to Escape Trumps Tariffs

In the scrum to keep the wheels of trade turning, Chinese companies are pivoting to neighboring countries to escape President Trump’s crippling tariffs.The hustle is on show in Vietnam. Factories that make everything from jeans to Christmas wreaths are trying to get there fast. The ones that have already moved are ramping up. The Chinese e-commerce platforms Alibaba and Shein are helping companies find manufacturing alternatives in Vietnam.The race to get out of China has gathered so much pace in recent weeks that a social media genre of fixers has surfaced to offer tips on how to reroute goods through…

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