Shares of GoodRx fell 39% after losing revenue, a weak forecast

Inscription of GoodRx on the outside of Nasdaq on the day of its IPO, September 23, 2020

Source: GoodRx

Shares of the GoodRx prescription service fell 39% to a record low on Tuesday after the company reported weaker-than-expected earnings and issued a disappointing forecast.

GoodRx allows users to search for the cheapest place to find a prescription and gives them a coupon to take to the pharmacy. The company makes money from advertisements on its website and fees for recommended services that hit during the Covid-19 pandemic.

“The reality is that the effects of Covid-19 have lasted longer than we expected, and the impact on our business is greater than expected,” said Trevor Bezdek, co-CEO of GoodRx, during the call for profit. “I want to admit that we underestimated the length of time that Covid-19 will affect our business.

GoodRx reported fourth-quarter revenue of $ 213.3 million, with analysts missing an average estimate of $ 217.5 million, according to FactSet.

The closure of some medical offices and the reluctance of consumers to see a doctor during the pandemic have led to fewer prescriptions and recharges in the last two years, Doug Hirsch, another co-executive director of GoodRx, said in an interview.

“There is this huge gap that we thought we would just fill, but then a lot of people just chose not to come back. [to doctors]”There seems to be this constant gap of users who are not diagnosed and do not receive the treatment they need.”

For investors, the company’s forecast is particularly problematic. GoodRx estimates 23% year-over-year growth of about $ 917 million. According to FactSet, analysts expected $ 963 million.

“We get smarter with each new wave of Covid,” Hirsch said. “I think right now we have two years of understanding literally when the doctor’s office is closed or when the consumer doesn’t leave home.”

GoodRx also offers telehealth services. He bought the startup HeyDoctor in 2019 so that consumers can recharge their medicines and get advice on their prescriptions. And there’s a service called GoodRx Gold that offers a monthly subscription of $ 9.99 for customers who have many prescriptions.

GoodRx went public in September 2020 and took off from the gate, with shares peaking at $ 64.22 this month. With the fall on Tuesday, the shares are now trading at a price lower than $ 16.73, about 50% below the place where they debuted at the IPO. The company’s market value fell to 6.7 billion dollars.

I WATCH: The GoodRx co-CEO is discussing the growth of his subscription business

Shares of GoodRx fell 39% after losing revenue, a weak forecast Read More »

Killing Eve’s fourth and final season is panned by critics

The fourth and final season of Killing Eve has been described as a ‘damp squib’ with critics saying the BBC show has ‘outstayed its welcome’. 

Intelligence investigator Eve Polastri (Sandra Oh) is once again playing a game of cat and mouse with psychopathic killer Villanelle (Jodie Comer).

As the chase continues their obsession for one another grows stronger and stronger but things come to a conclusion in this final series.  

Unimpressed: The fourth and final season of Killing Eve has been described as a 'damp squib' with critics saying the BBC show has 'outstayed its welcome'

Unimpressed: The fourth and final season of Killing Eve has been described as a ‘damp squib’ with critics saying the BBC show has ‘outstayed its welcome’

The show made its much-anticipated return on Monday, with the murderous Villanelle struggling to move on from her deadly past.

Eve is back with a vengeance as she seeks to get even with the antagonistic organisation The Twelve.

After the last episode of season three left Eve on bad terms with assassin Villanelle, the season four opener picks up with Eve working in private security.

Back with a bang? The show made its much-anticipated return to screens on Monday and Eve is back with a vengeance

Back with a bang? The show made its much-anticipated return to screens on Monday and Eve is back with a vengeance

Formerly a British intelligence agent, Eve is seeking revenge against the assassin group.  

A member of The Twelve, Helene (Camille Cottin), is a prime target.

Carolyn (Fiona Shaw), Eve’s previous boss, is still set on reaching the dangerous organisation. 

The problem is, she’s been demoted to a lower-ranking status and needs Eve to take charge of the investigation – specifically hunting down the person who ordered the killing of her son Kenny (Sean Delaney).

While there have been some warmer reviews of the new series, it has been criticised for having no ‘substance’ with just ’empty dazzle’ remaining.

Honest: While there have been some warmer reviews of the new series, it has been criticised for having no 'substance' with just 'empty dazzle' remaining

Honest: While there have been some warmer reviews of the new series, it has been criticised for having no ‘substance’ with just ’empty dazzle’ remaining

Ben Dowell of The Times gave the series two stars and wrote: ‘Oh, Killing Eve. Well there’s an idea… After a hugely successful first series, this was one of those rare examples of a British television series that has long outstayed its welcome. 

‘Normally, TV drama verbosity — the habit of keeping a show going long after it should have been axed — is an American trait but such was the buzz around Jodie Comer’s Villanelle and her glamorous, lust-driven cat-and-mouse game with Eve that the producers made series after series that we didn’t really need. 

‘Now we’re on the fourth and — thank the lord — final series it continues to tread water. With flickers of the old style and panache, yes, but it’s still going nowhere; not so much a cat-and-mouse game between Villanelle and Eve as a moggie chasing its tail in circles.’

He added that the show is ‘running out of ideas and probably really shouldn’t have happened’.

Killing Eve season four: What the critics said

‘Oh, Killing Eve. Well there’s an idea… After a hugely successful first series, this was one of those rare examples of a British television series that has long outstayed its welcome…

‘Now we’re on the fourth and — thank the lord — final series it continues to tread water. With flickers of the old style and panache, yes, but it’s still going nowhere; not so much a cat-and-mouse game between Villanelle and Eve as a moggie chasing its tail in circles… (the show is) running out of ideas and probably really shouldn’t have happened.’ – The Times critic Ben Dowell

Rating: rating showbiz 2

Sandra Oh remains fantastic as Eve, whose gradual journey from nerdy safety to delicious self-destruction has been the only thing about the post-Waller-Bridge years that has ever really worked. 

‘Comer, on the other hand, is struggling as Villanelle, lost in the nonsensical idea of this stone-cold monster trying to find redemption.’ – The Guardian critic Jack Seale

Rating: rating showbiz 2

That Comer is a star is obviously beyond question. And, notwithstanding the failure of her Ridley Scott movie the Last Duel, she has better things to do than reprise Villanelle’s greatest hits. 

‘For her and the rest of the cast, the imminent demise of Killing Eve is surely a mercy long overdue.’ – The Telegraph critic Ed Power

Rating: rating showbiz 2

‘The first two episodes of the series feel flatter than you’d expect of a show renowned for its wild twists and exhilarating energy. 

‘As they unfold, there are flashes of its typical dark humour and inventive bouts of violence, but these are few and far between. Even Eve’s mission – which could be packed with tension – feels like it’s had the fizz taken out of it… 

‘Here’s hoping that flame returns to setting things ablaze, or Killing Eve’s last season could end up as nothing more than a damp squib.’ – NME critic Rhian Daly

Rating: rating showbiz 4

‘It’s Comer and Oh’s performances that have kept us watching this far, and they remain the biggest reason to tune in, making Villanelle and Eve’s will they, won’t they dance captivating even when we’ve seen the steps before.’  – Evening Standard critic Katie Rosseinsky

Rating: rating showbiz 4

Jack Seale of The Guardian gave the series two stars, writing: ‘Sandra Oh remains fantastic as Eve, whose gradual journey from nerdy safety to delicious self-destruction has been the only thing about the post-Waller-Bridge years that has ever really worked. 

‘Comer, on the other hand, is struggling as Villanelle, lost in the nonsensical idea of this stone-cold monster trying to find redemption. 

‘Season four reinvents her as working in a church, lodging in the vestry and undergoing baptism as part of her latest scheme to convince Eve, for reasons unclear, that she’s no longer evil. Mild carnage ensues, but her co-opting of Christianity is, compared to Villanelle at her awesome best, cheap and easy iconoclasm. 

‘The dull British setting prevents Comer from wearing any fabulous outfits, which, in a show that once unashamedly prized being beautiful on the surface, is another pleasure lost.’ 

Brutal: Ben Dowell of The Times gave the series two stars and wrote: 'Oh, Killing Eve. Well there¿s an idea...'

Brutal: Ben Dowell of The Times gave the series two stars and wrote: ‘Oh, Killing Eve. Well there’s an idea…’

Also giving this series two stars, The Telegraph’s Ed Power wrote: ‘Killing Eve at its peak was a dizzying victory for style over substance. Now the substance is gone and all remains is empty dazzle. 

‘The blaring retro soundtrack overstays its welcome. Even the hyper-stylised fonts with which the latest exotic location is introduced have started to feel hammy.

‘That Comer is a star is obviously beyond question. And, notwithstanding the failure of her Ridley Scott movie the Last Duel, she has better things to do than reprise Villanelle’s greatest hits. 

‘For her and the rest of the cast, the imminent demise of Killing Eve is surely a mercy long overdue.’

NME’s Rhian Daly gave series four of Killing Eve three stars, writing: ‘The first two episodes of the series feel flatter than you’d expect of a show renowned for its wild twists and exhilarating energy. 

‘As they unfold, there are flashes of its typical dark humour and inventive bouts of violence, but these are few and far between. Even Eve’s mission – which could be packed with tension – feels like it’s had the fizz taken out of it.’

Rhian said the secondary character’s storylines don’t bring much of the excitement of the first seasons to this series. 

She added: ‘There are big hints that things won’t stay quiet for the rest of the season. On Villanelle’s path to redemption, she becomes desperate to hear from Jesus himself and, when she finally does, the form he takes suggests her old ego is still burning brightly. 

‘Here’s hoping that flame returns to setting things ablaze, or Killing Eve’s last season could end up as nothing more than a damp squib.’

Two stars: The Telegraph 's Ed Power wrote: 'Killing Eve at its peak was a dizzying victory for style over substance. Now the substance is gone and all remains is empty dazzle'

Two stars: The Telegraph ‘s Ed Power wrote: ‘Killing Eve at its peak was a dizzying victory for style over substance. Now the substance is gone and all remains is empty dazzle’

Giving the series a warmer four stars, Katie Rosseinsky of the Evening Standard wrote: ‘It’s now tradition that a new series of Killing Eve means the baton is handed over to a new female showrunner; this time it is Laura Neal, who has previously worked on Sex Education and Secret Diary of a Call Girl. 

‘After a slightly baggy and ponderous third season, Neal – who wrote some of its stronger, later episodes – seems to have re-captured much of the spark of the early series, with sharp dialogue and a knack for placing the show’s characters in comically incongruous situations: we see Villanelle in a broken down coach outside Hemel Hempstead, and Hélène joining a crowd of tourists at the Tower of London.

‘She’s adept at fusing the banal and the horrific too, as evidenced by one watch-through-your-fingers scene involving a ceramic hob in the second episode. 

‘Still, it’s Comer and Oh’s performances that have kept us watching this far, and they remain the biggest reason to tune in, making Villanelle and Eve’s will they, won’t they dance captivating even when we’ve seen the steps before.’

Series four of Killing Eve is available on BBC iPlayer now and will air on BBC One Saturday, March 5 at 9.15pm

US viewers can can watch the show every Monday on BBC America or AMC at 9 p.m. EST/6 p.m. PST. It can also be streamed online on AMC+

On screen: Series four of Killing Eve is on BBC iPlayer from February 28

On screen: Series four of Killing Eve is on BBC iPlayer from February 28

CHRISTOPHER STEVENS reviews last night’s TV: Blatant blasphemy of villainous Villanelle is positively criminal

Killing Eve

Rating: rating showbiz 2

The spectacular hypocrisy of the Beeb defies belief.

Every night the schedules are crammed with shows falling over themselves to be more diverse, more inclusive and more multicultural.

Classic comedies are censored for a single offensive word or joke out of place. 

History is repainted. The only exception is Christianity . . . which, though it’s still the most widespread religion in the world, is regarded as a safe target.

The fourth and final season of Killing Eve, which launched on BBC iPlayer yesterday, builds to a blasphemy that is as tawdry and crass as it is pointless.

Though this episode aired on Sunday in the U.S. (where cable viewers saw the second instalment, too), it doesn’t screen on BBC1 until Saturday, March 5, at 9.15pm — the Beeb’s streaming platform is the best way to see it for now.

Jodie Comer’s assassin, Villanelle, has been born again. 

Jodie Comer¿s assassin, Villanelle, pictured, has been born again in the latest series of Killing Eve

Jodie Comer’s assassin, Villanelle, pictured, has been born again in the latest series of Killing Eve

She wants to stop murdering people, in the hope that former spy Eve Polastri (Sandra Oh) will finally fall in love with her.

‘Nelle’ is living with a vicar and his daughter. 

When Eve fails to show up at the Victorian chapel for  Nelle’s b­aptism service, she gets stroppy and harangues Christ on the cross, demanding a sign.   

The sign arrives that night. Jesus turns up in drag on the living-room sofa, eating popcorn, wearing a paper halo and a pair of gold lamé boots with s­tiletto heels.

Comer herself plays Jesus, with a patchy beard — it’s J.C. as J.C.

‘I lead you to salvation,’ she announces in her Russian accent, while Jesus by The Velvet Underground reverberates on the soundtrack, in case we’re not sure who this character is meant to be. 

Christian imagery is sent up all the way through the episode, but until this point it is more playful: in one scene Villanelle appears to have angel wings, in another her former boss Konstantin (Kim Bodnia) suffers a wound from a bullet in the hand rather like Christ in the Crucifixion.

The depiction of Jesus as a drag queen is far more deliberately offensive. 

Ask yourself if the BBC would be stupid enough to insult any other religion so flagrantly and scabrously. 

The answer is obvious. 

Villanelle, pictured, right, wants to stop murdering people, in the hope that former spy Eve Polastri (Sandra Oh), left, will finally fall in love with her

Villanelle, pictured, right, wants to stop murdering people, in the hope that former spy Eve Polastri (Sandra Oh), left, will finally fall in love with her

Killing Eve’s fourth and final season is panned by critics Read More »

Former police chief faked death to avoid charges, officials say

Last Monday, two detectives from the Columbus County Sheriff’s Office drove to the Lumber River in southeastern North Carolina and listened to Eve Waddell tell them about her husband, William Anthony Spivey.

Mr. Spivey, a former police chief in Chadbourne, North Carolina who has been charged with more than 70 felony charges, was boating on the river the day before and left a note in the truck saying he wanted to commit suicide , Ms. Waddell. told the detectives.

But authorities learned that the ship that was afloat was empty, and Mr. Spivey, who was scheduled to appear in court on Monday, February 21, was missing. Or perhaps dead.

Shortly after midnight on Feb. 24, authorities said they found Mr. Spivey, 36, hiding near an apartment complex in Loris, South Carolina, and charged him with obstruction of justice for faking his death in what Columbus County Sheriff Jody Green is described as “difficult trick”

“To paraphrase Mark Twain, the news of Mr. Spivey’s death was greatly exaggerated,” John David, District Attorney for Brunswick, Bladen and Columbus Counties, said at a press conference on Friday.

Mr. Spivey was held at the Columbus County Detention Center Tuesday on $6 million bail. No lawyers were listed in the prison records. The lawyer who previously represented Mr. Spivey, Michael Mills, did not return calls on Tuesday asking for comment.

The search for Mr. Spivey, which authorities say included the use of helicopters, boats and diving teams at a cost of $64,205 to taxpayers, was the latest in a string of legal challenges for the former boss.

Last spring, Mr. Spivey was indicted on more than 70 felony charges, including theft or destruction of evidence, embezzlement and opioid trafficking, in connection with his work as police chief in Chadbourne, a city of 1,500 people in about 190 miles south of Raleigh. Mr. David, the district attorney, said Mr. Spivey repeatedly raided the department’s evidence room, stealing drugs and thousands of dollars. According to Mr. David, he also stole firearms and sold them to friends and relatives.

Mr. Spivey was named Chief in July 2018. He was removed from office in March 2021 following a misconduct investigation by the NC State Bureau of Investigation and resigned in April, according to the Horry County Police Department.

In June, he was charged with an additional embezzlement charge for stealing $8,000 meant for the family of a leukemia patient, according to the Columbus County District Attorney’s office.

Mr. Spivey was released from prison in September after posting a $500,000 bail, Mr. David said. In January, he was charged with theft after being accused of stealing catalytic converters from an auto repair shop, according to an arrest warrant issued by the Tabor police department.

Mr David summed up the latest round of allegations as “disappointing”.

Almost from the moment Mr. Spivey was reported missing, authorities began to doubt he was dead. In an attempt to avoid an earlier court hearing, Mr David said he claimed to have Covid-19 and presented a fraudulent note as evidence. He added that when officials heard about the suicide note, there was immediate skepticism.

Skepticism intensified when investigators saw evidence that “does not support a suicide scenario,” the Columbus County Sheriff’s Office said in a statement.

Inside the boat was a 22-caliber rifle with an empty cartridge. Investigators also reviewed security footage and conducted interviews, which provided additional evidence that Mr. Spivey was alive and on the run, though they did not provide details.

The Columbus County News reported that its editor, Jefferson Weaver, received a suicide note from Mr. Spivey saying he was in “a dark place.”

“I would do anything to get rid of this pain,” the letter said, “that’s why I made this choice!”

On Wednesday, an arrest warrant was issued for Mr. Spivey. That night, investigators received word that Mr. Spivey was in South Carolina, Captain Kevin Norris of the Columbus County Sheriff’s Office said Friday. He was at the home of an aunt, Brenda Rowell, said Michelle Tatum, a public affairs officer for the Columbus County Sheriff’s Office.

Shortly after midnight, police found Mr. Spivey near an apartment complex in Loris, South Carolina. After he plunged into a creek behind an apartment building and threatened that he would “have to shoot” the officers if they tried to capture him, authorities took him on the ground and in restraints, according to the Horry County Police Department’s incident report.

Two other people, Debbie Bridgers Sasser and Harold Dean Sasser, a married couple who are Mr. Spivey’s neighbors, were arrested in connection with faking Mr. Spivey’s death and charged with obstruction of justice. Mr. Sasser allowed Mr. Spivey to borrow his truck, which investigators found by the river, Ms. Tatum said.

Michael Caviness, Ms Sasser’s lawyer, did not immediately respond to a request for comment on Tuesday.

Sheriff Green said in a statement that “additional charges and arrests are possible.”

“Spivey was found alive and well,” he said. “We think it’s a job well done.”

Former police chief faked death to avoid charges, officials say Read More »

WNBA fines record $ 500,000 in New York League Liberty for charter flights last season, according to report

Last season, during the WNBA 2021 finals, the league announced it would pay for charter flights to Sky and Mercury when both teams have to travel from Phoenix to Chicago between Games 2 and 3. Such advantages are rare due to price, but the league recently made exceptions during the playoffs under new Commissioner Katie Engelbert.

But while the league has occasionally been inclined to take the bill under certain circumstances, homeowners are not allowed to do the same for their teams during the season. Under the current CBA, charter flights are prohibited in order to maintain a competitive balance; some owners may be willing and able to pay for them, but other owners may not.

Last season, New York Liberty, led by new owners Joe and Clara Tsai, decided to push those boundaries by paying for charter flights anyway, according to Sports Illustratedis Howard Megdal. After they were captured, a furious league office offered massive fines, including a $ 1 million fine, significant draft losses and possibly even a “franchise termination.”

In the end, after Liberty agreed and did not fly for their first-round playoff match, they were fined $ 500,000 – still the biggest fine in the history of the league – and will not face another penalty. For Megdal, Engelbert told the WNBA’s board of directors during a conversation in November that she had “made a deal” with Tsais.

During a previous call to the WNBA’s board of governors in September, Liberty reportedly suggested that charter flights be the standard for all teams and said there was a way to offset costs for three years. The plan did not materialize because there was no majority support, according to Megdal.

In a statement to CBS Sports, a WNBA spokesman challenged this aspect of the report: “At no time has there been a proposal from the New York Liberty WNBA Board of Governors to consider offering three-year charter flights to WNBA teams. It was agreed that Liberty would explore the possibility of charter flights and present it on board. That has not happened to date. “

In all, Liberty paid for charter flights for five road games in the second half of the season, as well as a trip to the Napa Valley over Labor Day weekend for a teamwork experience – a benefit that also violates the CBA. In the end, the team lost all five of those matches on the road in the second half of the season, so it’s hard to say that a better trip gave them a big lead. However, this was a deliberate violation of current rules, and it is no surprise that the league has fallen sharply.

The bigger question that is moving forward will be how this affects the league’s approach to issues such as travel accommodation and the growing mismatch between property groups. Should richer and more invested owners use their resources to improve conditions for their players? Can old school owners who either don’t want to or can’t meet growing expectations continue to keep the rest of the league? How is enlargement, which seems increasingly likely in the next few years, affecting all this?

In February, the WNBA announced a $ 75 million fundraiser from investors to help solve some of these problems. “It’s really important for players to know that it’s an investment in them, even though it’s in the league, not in a specific team or just specific players,” Engelbert said. “This is to help increase our revenue streams and create sustainable long-term growth.”

But even with a significant increase in funding, it is clear that the league is facing some serious existential issues as it plans for the next five, 10, 25 years.

WNBA fines record $ 500,000 in New York League Liberty for charter flights last season, according to report Read More »

Roman Abramovich has stakes in a Russian company whose steel helps build tanks

REVEALS: Roman Abramovich has a large stake in the Russian steel company, whose materials are used to make the TANKS that are invading Ukraine … analysts say the Chelsea owner transferred his shares eight days before the invasion

  • Roman Abramovich has stakes in a Russian company whose steel helps build tanks
  • Chelsea owner allegedly transferred his shares in Evraz to himself last month
  • Analysts say the transfer could make them less vulnerable to financial sanctions
  • Abramovich has business interests in Ukraine and can afford a protracted war

Roman Abramovich has a large stake in the Russian steel company, whose materials are used for the production of tanks

Roman Abramovich has a large stake in the Russian steel company, whose materials are used for the production of tanks

Roman Abramovich has a large stake in the Russian steel company, whose materials are used to make the tanks that are invading Ukraine.

Analysts say that Chelsea the owner transferred its shares in Evraz, the Russian steel giant, directly to itself from an offshore company on February 16, eight days earlier Vladimir Putin ordered the invasion of Ukraine.

Grzegorz Kuczynski, director of the Eurasia Program at the Warsaw Institute, told Sportsmail that the reported transfer of a 28.64 percent stake from Virginia-registered Greenleas International Holdings Ltd could make it less vulnerable to sanctions following the invasion. He added that this could also facilitate the sale of the stake. The value of the shares fell after Putin’s troops invaded Ukraine.

Kuczynski said: “There was a risk that this offshore company would be subject to sanctions. Evraz steel is used to build tanks, among other things. In this sense, the company is important for the Russian arms industry. It is important for Russiamilitary plans of ‘, including with regard to Ukraine.’

The Warsaw-based think tank for international relations in Eastern Europe is unsure whether Abramovich also owns shares in Russian oil giant Rosneft after investing nearly £ 225 million in shares when it was launched in 2006.

Russian tanks - pictured in Belarus last month - were used by President Vladimir Putin in his full-scale military invasion of Ukraine

Russian tanks – pictured in Belarus last month – were used by President Vladimir Putin in his full-scale military invasion of Ukraine

Rosneft is one of Russia’s largest crude oil producers and another major supplier to its military. Rosneft’s website, which includes details of the company, was unavailable from the United Kingdom on Tuesday.

Understandably, Abramovich used Jewish ties in Ukraine to try to mediate peace talks between Russia and the invading country.

Abramovich has significant business interests in Ukraine, with an Evraz plant in the Donbass region since 2010. He can afford a protracted war and sanctions designed to stifle the Russian economy because he has invested so much in it.

But opinion in Kyiv on Tuesday was that his quest for talks was in vain. Russia is pushing for international recognition of Crimea, the preservation of the lands it occupied during the invasion, and a change of Ukrainian government.

None of these demands is acceptable to Ukraine, which in turn wants Russian troops to leave the country and exchange prisoners of war and dead troops. But Russia does not acknowledge that there are prisoners of war and dead troops to exchange.

Analysts told Sportsmail that the transfer of shares could make it less vulnerable to sanctions following Putin's invasion of Ukraine.

Analysts told Sportsmail that the transfer of shares could make it less vulnerable to sanctions following Putin’s invasion of Ukraine.

Abramovich has significant business interests in Ukraine and can afford a protracted war

Abramovich has significant business interests in Ukraine and can afford a protracted war

Abramovich announced on Saturday that “management and care” for Chelsea is being provided to trustees of the club’s charity foundation.

But Sportsmail understands that the six trustees will push for a solid insurance policy before agreeing to the plan, some of which are extremely dangerous.

One of the main conditions that the trustees would insist on is compensation for any financial consequences that the club may suffer while in charge.

Chelsea are aware of the challenges they may face in persuading trustees and are believed to be exploring other options, including setting up a holding company to take over management responsibilities.

Abramovich’s spokesman did not respond to Sportsmail’s request for comment Tuesday night.

Roman Abramovich has stakes in a Russian company whose steel helps build tanks Read More »

Desperate Russian soldiers fleeing Ukraine: American employee

Some Russian troops who have invaded Ukraine are so unhappy with their mission that they have begun sabotaging their own vehicles and surrendering en masse, the Pentagon said on Tuesday.

“Obviously not all of them were fully trained and prepared or even knew they would be sent into combat operation,” a senior Defense Ministry official told reporters at a briefing.

“We ourselves have caught indications that morale in some of these units is declining.”

The acts of vandalism include drilling gas tanks on vehicles, presumably so that soldiers can avoid being transported in battle, the official said.

Whole units of Russian soldiers – many of them young conscripts with a poor taste for war – have even laid down their arms and given up instead of fighting Ukraine’s highly motivated defenders, the official said.

Ukraine’s security service has released online videos alleging that Russian prisoners of war say they believe they were simply participating in military exercises before being part of the invasion force.

Pro-Russian troops rode a tank to the separatist-controlled village of Buchas in Donetsk, Ukraine, on March 1, 2022.
Pro-Russian troops rode a tank to the separatist-controlled village of Buchas in Donetsk, Ukraine, on March 1, 2022.
REUTERS / Alexander Ermochenko
An armed man stands next to a destroyed Russian car in Bucha, Ukraine on March 1, 2022.
An armed man stands next to a destroyed Russian car in Bucha, Ukraine on March 1, 2022.
AP Photo / Sergey Nuzhnenko

On Monday, Ukraine’s ambassador to the United Nations also read aloud desperate, recent text messages from an unidentified Russian soldier to his mother, minutes before he was killed in battle.

“We were told that they would meet us and they fell under our armored vehicles, threw themselves under the wheels and did not allow us to pass,” the doomed soldier wrote.


Get the latest updates in the Russia-Ukraine conflict with the direct coverage of the Post.


“They call us fascists. Mom, it’s so hard. “

About 80 percent of Russia’s 150,000 troops on Ukraine’s borders have crossed into the former Soviet republic since the invasion began on Thursday, a defense official said.

A Ukrainian soldier walks past a railway line full of dead Russian troops after a battle on the outskirts of Irpin, Ukraine on March 1, 2022.
A Ukrainian soldier walks past a railway line full of dead Russian troops after a battle on the outskirts of Irpin, Ukraine on March 1, 2022.
MARCUS YAM / LOS ANGELES TIMES / Shutterstock

But the Russian army has covered much less territory than planned and is now hampered by a shortage of supplies, and the “comprehensive movement” to the capital Kyiv – which includes a massive 40-mile military convoy – “is stagnant at this point,” the official said. .

“In many cases, what we see are columns that are literally without gas,” the official said. “Now they are running out of food for their troops.”

In addition to fierce resistance and problems with “maintenance and logistics”, Russia has not yet gained control of the skies over Ukraine, the official said.

A man crosses a deserted boulevard during an air raid alarm in Kyiv, Ukraine, on Tuesday, March 1, 2022.
A senior Defense Ministry official says the Russian military’s advance into the Ukrainian capital, Kyiv, has slowed.
AP Photo / Vadim Girda

The unexpected situation has apparently forced Russian commanders to “regroup and rethink and try to adapt to the challenges they have had,” the official said, potentially through a prolonged siege of Kyiv.

With postal wires

Desperate Russian soldiers fleeing Ukraine: American employee Read More »

Shares are falling, oil has again exceeded $ 100 amid sanctions

US stock indexes fell and bond yields fell on Tuesday as oil prices rose to multi-year highs as Russia’s invasion of Ukraine continued to pass through markets.

Stock markets were shattered in 2022, with the S&P 500 and Nasdaq posting their worst bienniums from March 2020 to the beginning of the year. The war in Ukraine has further exacerbated investor sentiment: although only 1% of S&P 500 companies’ revenues come from Russia and Ukraine, according to FactSet, investors are still worried about the turbulent effect on the global economy. The geopolitical crisis came when economies were already facing the highest inflation in decades, huge pressure on central banks to raise interest rates.

“We now have this shock, and this shock involves the biggest risk: sustained high inflation,” said John Mayer, chief investment officer at Global X ETFs.

The S&P 500 fell 67.68 points, or 1.5%, to 4,306.26 on Tuesday. The Dow Jones Industrial Average lost 597.65 points, or 1.8 percent, to 33,294.95, while the technology Nasdaq Composite fell 218.94 points, or 1.6 percent, to 13,532.46.

Oil prices rose above $ 100 a barrel to their highest level since 2014. Brent crude, the international oil figure, rose $ 7 a barrel, or 7.1%, to $ 104. $ 97. European reference gas prices jumped by more than 24%. Members of the International Energy Agency agreed on Tuesday to release supplies from oil reserves in a bid to contain rising crude oil prices.

Shares of energy companies rose along with oil prices, with Occidental Petroleum rising $ 3.06, or 7%, to $ 46.79 and Chevron adding $ 5.72, or 4%, to $ 149.72. According to oil executives, bankers and traders, refineries have refrained from buying Russian oil, while banks have refused to finance supplies of Russian goods. Russia is the largest exporter of gas and a major supplier of crude oil.

The assets of a safe harbor were sought after, raising gold prices and putting pressure on government bond yields. Gold prices rose $ 43 an ounce, or 2.3 percent, to $ 12.40.40. Yields on US 10-year benchmarks fell to 1.708 percent on Tuesday, its fourth-lowest close this year, with investors betting the Federal Reserve won’t act so aggressively to curb inflation. German government bond yields fell in negative territory for the first time since January. Yields decrease with rising bond prices.

The decline in government bond yields also dragged down bank stocks. The KBW Nasdaq Bank index of major US commercial creditors lost more than 6%.

Global stock indices have been volatile in recent days as investors try to assess the potential global economic impact of the invasion and the resulting sanctions. Limited supplies of Russian goods could boost inflation, but investors hope the overall effect on the world’s largest economies will be dampened.

“We are in a situation where I do not believe there is a real book,” said Eric Merlis, managing director of corporate risk decisions at Citizens.

Bitcoin prices rose 5.3 percent to $ 43,869.58 from 5pm on Monday. The invasion of Ukraine sparked a demand for cryptocurrencies, helping to raise bitcoin and other coins.

The Russians are queuing up to use ATMs as ordinary citizens begin to feel the impact of Western allies’ sanctions on the country following Moscow’s invasion of Ukraine. Meanwhile, the Moscow Stock Exchange remained closed on Tuesday. Photo: AP Photo / Dmitry Lovetsky

In the corporate news Target‘s

shares jumped $ 19.66, or 9.8%, to $ 219.43 after the trader reported strong sales during the holiday season. Albertsons rose $ 2.25, or 7.7%, to $ 31.40 after the supermarket chain said it had launched a strategic review. The human resources software company Workday earned $ 11.28, or 4.9%, to $ 240.33, after reporting earnings late Monday that exceeded forecasts.

“The question here is, can the economy continue to push forward through these segments and avoid contractions?” Said Matt Stucky, senior portfolio manager at Northwestern Mutual Wealth Management Company.

Ceasefire talks have so far yielded no concrete results. Russia and Ukraine have agreed to further talks, and investors have welcomed the fact that some have taken place. However, Moscow is pouring manpower and equipment into the country, and Russian forces have adopted a strategy to break up civilian areas in an attempt to demoralize the resistance.

“I am not sure what we will see from the negotiations, but there will be no stopping on the ground, because [Russian President Vladimir] “Putin needs to leave this war with something to show,” said Hani Redha, a portfolio manager at PineBridge Investments.

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New York Stock Exchange traders on Monday.


photo:

Allie Joseph / Nyse / Zuma Press

Russian markets have been hit hard by the invasion and subsequent sanctions, with investors dumping Russian stocks. The sharp, sudden rise in interest rates from the country’s central bank helped the ruble fall. Tradeweb Markets Inc.

a leading bond trading platform, removed Russian securities on Tuesday, citing Western sanctions.

The Russian ruble withdrew against the dollar on Tuesday after falling nearly 30% on Monday. Market data services showed limited price updates this week, suggesting that few transactions are taking place. Russia’s stock market, which collapsed last week, remained closed. This has created a gap between the pricing of some funds with large exposures to Russia and the value of their underlying assets.

In Europe, the pan-continental Stoxx Europe 600 fell 2.4%. The London Stock Exchange has suspended trading in shares of Russia’s VTB Bank after the exchange announced that the Bank of New York Mellon had resigned as the company’s depository. JPMorgan Chase also stopped trading two funds due to the crisis in Ukraine.

In the Asia-Pacific region, stock markets were mixed. Japan’s Nikkei 225 rose 1.2 percent, while Hong Kong’s Hang Seng rose 0.2 percent.

Write to Hardika Singh at [email protected] and to Will Horner at [email protected]

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The star of “Love is Blind” Shake does not regret the way he treated Deepti

“Love is Blind” star Abhishek “Shake” Chatterjee does not regret the notorious Deepti Vempati during season 2 of the hit Netflix series.

“One thing I don’t feel inclined to do is pretend to be sad or sorry for some things – some things that were out of my control, some things I don’t even have to talk about,” the vet said. and partly Time DJ, who received sharp feedback from fans, said in a video shared on Instagram on Tuesday.

“I simply will not do it. I do not regret.”

As fans witnessed, the cameras caught Shake repeatedly discussing the lack of attraction to Deepty with colleagues and family members after he proposed marriage to her – an unseen sight – in capsules.

Abhishek Chatterjee, Dipti Wempati in Season 2
Shake proposed to Deepty after building a strong emotional connection with her in the pods.
Netflix

The two seemed to connect on a deep emotional level, but had problems with intimacy after being together in the real world.

Deepty eventually said “I don’t do it” to Shake at the altar on their wedding day, telling her mother in an emotional scene that she chooses herself over a man who fails to see her worth.

“I think I handled the situation as best I could in my situation,” Shake said in a video on IG. “And at the end of the day I will live my best life in the future. And you don’t have to like me. Only I have to like me, fortunately. And this is real life. “

Abhishek "I'm shaking" Chatterjee breaks his silence in an IG video
Shake admitted that he did not regret how he treated Deepty in season 2 of “Love is Blind.”
Instagram / thepuppydoc

After last week’s finale, Deepty’s brother Sunny called Shake a “loser” and said he was pursuing “influence” on the Netflix reality show.

“You cut my sister’s life by making some horrible and disgusting comments about her,” he and his partner Hina Merchant Vempati wrote in a joint open letter shared on Instagram over the weekend.

“I don’t usually get involved in drama now, but I’m going to defend my sister here: Shake, bro, you’re a loser. You made these statements, knowing that your own mother would one day watch it; my parents and my whole family had to talk to you behind my sister’s back about the insecurities she has struggled with all her life.

Abhishek Chatterjee, Dipti Wempati in Season 2
Deepty said “I don’t do it” on Shake at the altar, revealing that he “chooses himself” instead.
AARON ORTEGA / NETFLIX

The couple then sent love to Deepti, writing: “We wish you hadn’t chosen this.” [clown] but despite his childhood, you behaved with grace and continued to see the good in people. “

They added: “We are so proud to call you our little sister and we know we are always by your side.”

After leaving Shake at the altar during the finale of Season 2 of “Love is Blind,” Deepty said in a confession that she did not think her ex “realized what he had just lost.”

“In a little while he will look back and realize that he has lost the best thing in his life,” she said at the time. “And when that day comes, I will be gone a long time ago. For me, this is heartbreaking, but I need to see my worth and move on. He doesn’t deserve me. “

The star of “Love is Blind” Shake does not regret the way he treated Deepti Read More »