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Wall Street closed lower, affected by the drop in technology stocks

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

US stocks ended lower on Tuesday, as investors tried to process comments from a senior Federal Reserve official regarding troubled banks, while selling shares of technology-related companies following recording a strong performance in the latest trade.

Michael Barr, the Fed’s chief banking supervisor, told a Senate committee that Silicon Valley had done a “terrible” job of managing risk before it collapsed.

The Standard & Poor’s 500 index fell by 6.17 points, or 0.16 percent, to close at 3971.36 points, while the Nasdaq Composite Index fell 52.27 points, or 0.44 percent, to 11,716.56 points. The Dow Jones industrial average fell 38.05 points, or 0.12 percent, to 32,394.03 points. (Archyde.com)

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News

Planetary alignment from March 27 to 30

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

For the first time this year, between the night of March 25 to 30, Venus, Mercury, Jupiter, Mars and Uranus can be seen completely aligned on Earth. This planetary alignment can be seen in the form of an arc following sunset, although it can be seen more clearly in places without artificial lights.

According to experts, the night of March 28 will be the best day for observation. Near the horizon, Jupiter and Mercury will be visible, while Venus will shine in the constellation Aries. Uranus, shining at magnitude 5.8, can be seen at a distance of regarding 2° from Venus. Finally, magnitude 0.9 Mars will join the lineup higher up in the sky, near the first quarter Moon in the constellation Gemini.

In Colombia, the best time to observe the lineup will be from 11:53 p.m. on the morning of the 29th.

order of planetary alignment

According to National Geographic, the order of the planetary alignment will be as follows:

  • Mercury (the first planet of the Solar System).
  • Jupiter (the fifth planet of the Solar System).
  • Venus (the second planet of the Solar System).
  • Uranus (the seventh planet of the Solar System).
  • Mars (the fourth planet of the Solar System).
  • The Moon (Earth’s only natural satellite).

In addition, National Geographic indicated that “if we are very lucky, it is possible that the Moon acquires a coppery or red hue, this depends on the atmospheric conditions of the night that we dedicate to astronomical observation.”

NASA reported that several planetary alignments will be presented throughout this year: a small evening alignment of Mercury, Uranus, Venus and Mars on April 24; a small morning alignment of Uranus, Mercury, Jupiter, and Saturn on May 29; a great morning alignment of Mercury, Uranus, Jupiter, Neptune and Saturn on June 17; a mini evening alignment of Mercury, Venus and Mars on July 26; and a mini-alignment of Mercury setting at sunset on August 24.

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Health

For the first time, breast cancer recognized as an occupational disease – Headlines

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

28 mars 2023

After a long legal and administrative battle, breast cancer contracted by a former night shift nurse was recognized as an occupational disease. The decision might set a precedent.

The court’s decision was taken in January, but it was not revealed until the end of March by the newspaper The Parisian : a former nurse at the Sarreguemines hospital (Moselle), whose breast cancer was diagnosed in 2009, finally saw the disease recognized as an occupational disease. The court relied on the report of experts who claim “that there is a direct and essential link between the breast cancer from which she suffered and the work carried out before”.

Night work (873 night shifts performed between 1982 and 2009) and shift work, which therefore directly contributed to causing the disease. A link already highlighted by Inserm in 2012, then in a study conducted in 2018. Its authors had selected five international studies on breast cancer, including 12,000 women, sick or not, and including information on their schedules of work. They had concluded that “among premenopausal women, night work (defined as working at least three hours between midnight and 5 a.m.) increases the risk of breast cancer by 26%”.

Circadian rhythm

For its part, the National Research and Safety Institute for the Prevention of Workplace Accidents and Occupational Diseases (INRS) has also reviewed epidemiological studies and meta-analyses to draw up an inventory on the subject, published in March 2019. . Conclusion : “exposure to shift and/or night work is associated with a statistically significant increase in the risk of breast cancer”.

Among the causes often mentioned to explain this link are disturbances of the circadian rhythm linked to night work: exposed to artificial light at night, the body becomes disrupted and weakened, which opens the way to sleep disorders and mood, diabetes, obesity, cardiovascular disease, or “the appearance of other cancers such as those of the prostate”.

To note : For CFDT-Mines, the union that helped the former nurse in her efforts, this court decision must set a precedent and pave the way for the inclusion of breast cancer in the register of occupational diseases.

  • Source : Le Parisien, Inserm, INRS – March 2023

  • Written by : Charlotte David – Edited by: Vincent Roche

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Entertainment

Ambipar appoints Carlos Piani as chairman

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

Ambipar said tonight that Carlos Piani will be the new chairman of the company – a step taken by founder Tércio Borlenghi Júnior to strengthen the governance of an increasingly multinational and complex company.

“After taking care of E in ESG, I’ll take care of G more,” said Tércio, who started the company 27 years ago with a landfill and waste management operation for industries in the Ribeirão Preto region.

Tércio – who continues to be very involved in the day-to-day operations – owns 56% of the company’s capital, which has a market cap de R$ 2,2 bi.O free float it’s 44%.

The rapprochement with Piani has existed for regarding two years, when Ambipar and HPX Corp. — the SPAC whose sponsors they were Piani, Rodrigo Xavier and Bernardo Hees — started talking regarding a potential strategic combination.

Those conversations culminated in the merger between HPX and Response — Ambipar’s environmental emergency response business.

Piani is being nominated board member by the board itself, joining the chair of Yuri Keiserman, the former director of M&A at Ambipar who recently became CEO of Response.

“The deal with HPX worked out so well that we decided to tighten our ties even further in order to try to fly higher,” said Tércio.

Piani brings the experience of having worked in three industries. He was CEO of Equatorial Energia, where he still serves as chairman, and led PDG Realty. At Kraft Heinz, he was vp of M&A and led the company’s operation in Canada, now a relevant market for Response.

As a partner at Vinci Partners, Piani served on the boards of Unidas, Burger King Brasil and Le Biscuit, all invested by the manager.

Since its IPO in 2020, Ambipar has made more than 40 acquisitions and today has exposure to clients from different sectors in multiple geographies. “This requires an evolution of governance to deal with this greater complexity,” Piani told the Brazil Journal.

Tércio said that, this year, “we are going to hold back on M&As, we are only looking at specific and strategic things, and we are looking more inwards.”

Ambipar shares closed the day at R$19.14, close to the historic low.

Geraldo Samor

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