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World

Netflix adds to growing debt pile with $2 bil. bond issue

Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017. ReutersThe move, which the company said was aimed at funding a broad spread of activities including paying for new content, spurred falls in both the prices of its bonds and its shares as investors worried about the growing costs of its huge planned investments in years to come.Netflix Chief Executive Reed Hastings has been explicit about the Los Gatos, California-based company's plan to fund content acquisition by raising debt. "We'll continue to finance our capital needs in the high-yield market," Hastings wrote in his second-quarter shareholder letter.The move was very well telegraphed by Netflix, said John McClain, portfolio manager at Diamond Hill Capital, which is long in the debt, adding th

Oct 23, 2018By Bae Eun-joo
Netflix adds to growing debt pile with $2 bil. bond issue
World

Trump administration trying to define transgender out of existence

A flag for Transgender and Gender Noncomforming people is held up at a rally for LGBTQI+ rights at Washington Square Park on October 21, 2018 in New York City.  AFPThe government of U.S. President Donald Trump is attempting to strip transgender people of official recognition by creating a narrow definition of gender as being only male or female and unchangeable once it is determined at birth, The New York Times reported on Sunday.The Department of Health and Human Services has undertaken an effort across several government departments to establish a legal definition of sex under Title IX, the federal civil rights law that bans discrimination on the basis of sex, the Times said, citing a government memo that it obtained.That definition would be as either male or female, unchangeable, and determined by the genitals a person is born with, the Times reported.Such an interpretation would reverse the expansion of transgender rights that took place under the previous administration of President Barack Obama.It would also set back aspirations for tolerance and equality among the estimat

Oct 22, 2018By Bae Eun-joo
Trump administration trying to define transgender out of existence
World

Stephen Hawking wheelchair, thesis up for sale

A Book, and scripts by Stephen Hawking are among the personal and academic possessions of Stephen Hawking at the auction house Christies in London, Friday, Oct. 19, 2018. APStephen Hawking was a cosmic visionary, a figure of inspiration and a global celebrity. His unique status is reflected in an upcoming auction of some of the late physicist's possessions: It includes complex scientific papers, one of the world's most iconic wheelchairs and a script from ``The Simpsons.'' The online sale announced Monday by auctioneer Christie's features 22 items from Hawking, including his doctoral thesis on the origins of the universe, some of his many awards, and scientific papers such as ``Spectrum of Wormholes'' and ``Fundamental Breakdown of Physics in Gravitational Collapse.'' Thomas Venning, head of Christies' books and manuscripts department, said the papers ``trace the development of his thought _ this brilliant, electrifying intelligence.'' ``You can see each advance as he produced it and introduced it to the scientific community,'' Venning said. Of course, Hawking's fame rests only partl

Oct 22, 2018By Bae Eun-joo
Stephen Hawking wheelchair, thesis up for sale
World

Heeding China's call, Hong Kong tightens grip on dissent

Pro-democracy lawmakers display placards "Press freedom persecution" to protest while Hong Kong Chief Executive Carrie Lam delivering her policy speech at the Legislative Council in Hong Kong Wednesday, Oct. 10,2018. APAs Hong Kong's government hews closer to Beijing, officials are taking a tough line on perceived national security threats, even deploying an elite police unit for political monitoring and surveillance - a sharp escalation in rhetoric and action.In just the last few months, the special administrative region has banned the Hong Kong National Party, which espouses separation from China, and barred some activists from standing in local elections.The Education Bureau sent all secondary schools in the Special Administrative Region letters on Sept 24 saying they must prohibit "the penetration" of the National Party or risk prosecution.And this month, Hong Kong refused to renew the work visa of Victor Mallet, Asia news editor for the British-based Financial Times newspaper, after he hosted a speech by an independence activist."We can see them (the government) being much more

Oct 19, 2018By Bae Eun-joo
Heeding China's call, Hong Kong tightens grip on dissent
World

Man linked to Saudi prince at consulate when writer vanished

In a frame from surveillance camera footage taken Oct. 2, 2018, and published Thursday, Oct. 18, 2018, by the pro-government Turkish newspaper Sabah, a man identified by Turkish officials as Maher Abdulaziz Mutreb, walks outside the Saudi consul general's residence in Istanbul. APA member of Saudi Crown Prince Mohammed bin Salman's entourage during several trips abroad walked into the Saudi Consulate in Istanbul just before writer Jamal Khashoggi vanished there, a surveillance photo leaked Thursday shows, drawing the kingdom's heir-apparent closer to the columnist's alleged slaying.The man, identified by Turkish officials as Maher Abdulaziz Mutreb, has been photographed in the background of Prince Mohammed's trips to the U.S., France and Spain this year. Turkish officials say he flew into Istanbul on a private jet along with an ``autopsy expert'' Oct. 2 and left that night. That was the same day Khashoggi, a columnist for The Washington Post who wrote critically of Prince Mohammed's rise to power, entered the consulate and was not seen again.Saudi Arabia, which initially called the a

Oct 19, 2018By Bae Eun-joo
Man linked to Saudi prince at consulate when writer vanished
World

Canada pot stores run out of supplies, more lineups

A sign warning travellers about crossing international borders with cannabis is seen at the Ottawa International Airport in Ottawa, Ontario, Canada, October 15, 2018.  ReutersDay two of legal recreational cannabis in Canada on Thursday saw more long lineups outside pot stores and supply shortages in parts of the country. Most consumers were exuberant about the end of prohibition, but a few expressed disappointment over not being able to buy cannabis on the first day.Others balked at the relatively high prices ― ranging from Can$5.25 (US$4.02) in Quebec to Can$18.99 in Saskatchewan per gram ― compared to the black market that saw average prices plunge in the last year to Can$6.79 per gram.After waiting seven hours in line at a store in downtown Montreal on Wednesday, Alexandre, 30, said he was turned away at closing at 9 pm (0100 GMT). Police stepped in to disperse the crowd, without incident."It was hell, it was cold," Alexandre said. "But we had fun anyway, talking with people in the crowd and sharing joints." He was back early Thursday morning to try again. "Yesterday was the

Oct 19, 2018By Bae Eun-joo
Canada pot stores run out of supplies, more lineups
World

Mega Millions jackpot hits $900 million in US

The Mega Millions jackpot is displayed at a convenience store Wednesday, Oct. 17, 2018, in Chicago. The Mega Millions jackpot is now up to $900 million. APYour chances of winning are slim to none, but it might be worth investing a few dollars in the Mega Millions contest in the United States before Friday's drawing.The prize? $900 million, after no one won on Tuesday night. It would be the largest jackpot in global lottery history if claimed by a single winner. In 2016, a $1.6 billion Powerball prize was split three ways by ticket holders from California, Florida and Tennessee. Each took home $528.8 million. The previous largest single jackpot of $758.7 million was won last year by Mavis Wanczyk, a 53-year-old mother of two from Massachusetts.Mega Millions is available in 44 US states, the capital Washington and the US Virgin Islands. The game, which was created in 2002, has seen changes over the years that have reduced the chances of winning, meaning bigger and bigger jackpots. If someone picks the winning six numbers, they can either claim the jackpot in 30 payments over 30 years ―

Oct 18, 2018By Bae Eun-joo
Mega Millions jackpot hits $900 million in US
World

Scientists spot six near-extinct vaquita porpoises

In this Sept. 2018 handout photo released by El Museo de la Ballena y Ciencias del Mar, a pair of critically endangered vaquita porpoises swim in the Gulf of California. APThe vaquita has been nearly wiped out by illegal fishing in its native habitat, the Gulf of California, and the World Wildlife Fund (WWF) warned in May that it could go extinct this year.But "all hope is not lost" for saving the species after the recent sightings, said Lorenzo Rojas of the International Committee for the Recovery of the Vaquita (CIRVA), presenting the researchers' findings.In an 11-day study conducted in late September and early October, marine scientists spotted six vaquitas, including a calf. The team emphasized that the study was not a full population estimate, which they will present in January after further research. In the last full population estimate, carried out in 2017, CIRVA found there were only 30 vaquitas left.Known as "the panda of the sea" for the distinctive black circles around its eyes, the vaquita has been decimated by gillnets used to fish for another species, the also endanger

Oct 18, 2018By Bae Eun-joo
Scientists spot six near-extinct vaquita porpoises
World

Honduran migrants defy Trump to continue long march north

Honduran migrants bound to the U.S border climb into the bed of a truck in Zacapa, Guatemala, Wednesday, Oct. 17, 2018. The group of some 2,000 Honduran migrants hit the road in Guatemala again Wednesday, hoping to reach the United States despite President Donald Trump's threat to cut off aid to Central American countries that don't stop them. APThousands of Honduran migrants marched north Wednesday in a bold attempt to reach the United States, defying threats from US President Donald Trump to stop aid to countries that let their "caravan" pass.Trump ― who took aim at Honduras, Guatemala and El Salvador on Tuesday ― kept up his attacks on the caravan on Wednesday, saying it should be an important issue for Republican candidates in the upcoming midterm elections."Hard to believe that with thousands of people from South of the Border walking unimpeded towards our country in the form of large caravans, that the democrats won't allow legislation that will allow laws for the protection of our country.""Republicans must make the horrendous, weak and outdated immigration laws, and the borde

Oct 18, 2018By Bae Eun-joo
Honduran migrants defy Trump to continue long march north
Sports

Sports Brief

Kim Jin-su ranks No. 4 on CIES listKim Jin-suKim Jin-su, who plays for the German Bundesliga club TSG Hoffenheim, was named one of the best signings of the season, Monday.The Football Observatory of the International Center for Sports Studies (CIES) ranked Kim fourth in the category of “recovery,” trailing behind Walter Gargano (Napoli), Wendell Nascimento (Leverkusen) and Dusan Basta (Lazio). Kim was also placed seventh in “rigor,” which was topped by Dejan Lovren (Liverpool) and followed by David Astori (AS Roma), Michael Keane (Burnley) and Sergi Gomez (Vigo).CIES releases a big-5 weekly post in “rigor,” “take on,” “recovery,” “chance creation,” “distribution” and “shooting.”Kim joined the J-League club Albirex Nigata in 2012 and transferred to Hoffenheim in June, 2014. The left back was named among the “best 11” in the Bundesliga Round 13 in December and played for the South Korean team at the 2015 AFC Asian Cup in Incheon.

Mar 3, 2015By Bae Eun-joo
Sports Brief
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