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Thomas Cook issues 'hot weather' profit warning

Thomas Cook issues 'hot weather' profit warning

Business
Thomas Cook has downgraded annual profit forecasts, saying hot weather hurt demand for bookings across its crucial summer season. The holiday firm said "tough" trading in June and July had continued, with the "unprecedented" period of higher-than-average temperatures across Europe meaning it had, like rivals, been forced to discount late bookings heavily.As a result, the FTSE 250 firm warned that underlying operating profits for the year to September were now expected to come in at £280m.Its previous guidance was for £323m. Shares fell almost 24% on opening while rival TUI was the biggest faller on the FTSE 100, down 3%.Peter Fankhauser, Thomas Cook's chief executive, said: "Summer 2018 has seen a return to popularity of destinations such as Turkey and Tunisia. ...
NFL issues statement following Nike's Colin Kaepernick ad

NFL issues statement following Nike's Colin Kaepernick ad

Sports
The NFL released a statement on Tuesday in the aftermath of the league's corporate sponsor, Nike, releasing an advertising campaign featuring Colin Kaepernick. The situation is complicated by the fact that Kaepernick has a grievance against the league in which he claims the NFL and all 32 teams are involved in collusion to try to keep him out of the league following his protests during the national anthem. "Believe in something. Even if it means sacrificing everything," read a teaser for an ad Kaepernick tweeted. The NFL responded to the Nike campaign. "The National Football League believes in dialogue, understanding and unity," executive vice president of communications and public affairs Jocelyn Moore said in the league's statement. "We embrace the role and responsibility of everyo...
Tomorrow's Cities: Can start-ups solve city issues?

Tomorrow's Cities: Can start-ups solve city issues?

Technology
Media playback is unsupported on your device The Waterloo corridor, which runs between the cities of Toronto and Waterloo in Canada, is home to coyotes, deer and, increasingly, tech firms.Google, Research in Motion and thousands of start-ups have offices there as the area positions itself to be the next Silicon Valley.Having an area like this is becoming increasingly important as cities look to tech to help solve problems like congestion and pollution."Tech hubs are an important aspect of any city," said Bob Crow, managing director of the Institute of Quantum Computing, which is based in the corridor."Cities are desperate for cash and many are serving citizens with the same or less money than years ago. There is a built-in need to find ways of...
Nitric oxide may help prevent kidney issues after heart surgery

Nitric oxide may help prevent kidney issues after heart surgery

Health
June 20 (UPI) -- A randomized, controlled trial in China recently found that patients who inhaled nitric oxide during and for 24 hours after heart surgery saw a decreased risk of developing acute and chronic kidney problems. The study, published in the American Thoracic Society's American Journal of Respiratory and Critical Care Medicine, is the first to show a drug could reduce kidney injury resulting from heart surgery, the researchers say. Previous studies have shown that prolonged cardiopulmonary bypass can disrupt circulating red blood cells and the release of hemoglobin, which can cause acute kidney injury that leads to kidney failure and the need for long-term hemodialysis. While several drugs have been tested to prevent kidney problems after surgery, this is the first one that ac...
Banking by smart speaker arrives, but security issues exist

Banking by smart speaker arrives, but security issues exist

Technology
Hey Alexa, what's my bank account balance? Big banks and financial companies have started to offer banking through virtual assistants — Amazon's Alexa, Apple's Siri, and Google's Assistant — in a way that will allow customers to check their balances, pay bills and, in the near future, send money just with their voice. And with the rapid adoption of Zelle, a bank-to-bank transfer system, it soon could be possible to send money to friends or family instantly with voice commands. But the potential to do such sensitive tasks through a smart speaker raises security concerns. Virtual assistants and smart speakers are still relatively new technologies, and potentially susceptible to being exploited by cyber criminals. Regional banking giant U.S. Bank is the first bank to be on all t...