Tag

Withdrawals

All articles tagged with #withdrawals

Backing Out for Palestine: Ed Sheeran's US Tour Loses Supporting Acts Over Macklemore Stance
music23 days ago

Backing Out for Palestine: Ed Sheeran's US Tour Loses Supporting Acts Over Macklemore Stance

Several supporting acts—Finneas, Aaron Rowe, Beoga, and Lukas Graham—pulled out of Ed Sheeran’s US Loop Tour in solidarity with Macklemore after his pro-Palestine remarks led to his removal; the artists cited oppression and the right to speak out in their statements. Sheeran said the decision came from venues/promoters, not him, and he had tried to mediate. Robert Kraft’s involvement in pressuring venues added fuel to the controversy. The move drew praise from Palestine supporters and criticism from others, as the tour continues with remaining acts.

ICC under pressure as withdrawals threaten its global reach
world29 days ago

ICC under pressure as withdrawals threaten its global reach

The ICC faces a confidence crisis as multiple member states pull back under US pressure, with Niger’s 2023 coup and its Russia alignment highlighting regional shifts that undermine the court’s reach. Mali and Burkina Faso have left, Ukraine joined in 2025, and past withdrawals by the Philippines and Venezuela illustrate broader fragmentation; Hungary flirted with exit but stayed. While some observers warn that accountability for grave crimes could weaken as states depart, supporters note ongoing investigations will continue. The article frames these withdrawals as a test of the ICC’s legitimacy amid changing geopolitical alignments.

Data Centers' Water Footprint Rivals Major California Urban Use
environment-and-energy1 month ago

Data Centers' Water Footprint Rivals Major California Urban Use

A Ceres study finds data centers in seven states withdraw about 3.4 trillion gallons of freshwater annually for electricity, equating to roughly 12 times the combined annual water use of Los Angeles, Phoenix, and Washington, DC, and signaling serious water-stress risks as data-center growth continues. The report emphasizes withdrawals (the total water drawn, much of which is returned) versus consumption (water permanently lost), with local impacts depending on conditions. Some researchers, however, argue that nationwide indirect consumptive use is far smaller, around 650,000 acre-feet, so relying on withdrawals alone can misstate risk. The findings raise concerns for arid regions like Texas and Arizona amid expanding AI-driven data-center development.

The 39% Saving Habit: Why Retirees Won’t Spend—and How Guaranteed Income Helps
personal-finance4 months ago

The 39% Saving Habit: Why Retirees Won’t Spend—and How Guaranteed Income Helps

A 2026 Allianz Retirement Study finds that 39% of retirees hesitate to spend to preserve balances, and 32% say drawing down after decades of saving feels wrong, driven by fears of outliving savings plus rising healthcare and housing costs amid inflation. The research also shows that 77% would feel less spending-anxious with guaranteed income in retirement, highlighting the value of converting part of assets into guaranteed income and building a formal spending plan to support decumulation rather than survival withdrawals.

Lineup shrinks as Freedom 250's Trump-linked controversy unfolds
politics-and-policy4 months ago

Lineup shrinks as Freedom 250's Trump-linked controversy unfolds

Two-thirds of the Freedom 250 lineup have withdrawn amid concerns that the nonpartisan event is effectively Trump-backed, with artists like Martina McBride, Bret Michaels, and Young MC criticizing the framing; remaining acts include C+C Music Factory, Vanilla Ice, and Flo Rida, as organizers reiterate the festival’s nonpartisan mission and plan performances on the National Mall during the Great American State Fair in late June to early July.

Seven More NCAA Early Entrants Withdraw from Draft, Prompting Transfer Plans
college-basketball4 months ago

Seven More NCAA Early Entrants Withdraw from Draft, Prompting Transfer Plans

Seven more NCAA early entrants withdrew from the NBA draft before the NCAA deadline, with many planning transfers for the 2026–27 season (Davis to Missouri, Dawes to Kansas, Dynes to Louisville, Elmer to Wisconsin, Rancik to Florida State, Watts to Washington; Hutchinson remains in the portal). These seven, not previously on ESPN’s top-100 for 2026, bring the number remaining in the draft pool to 26, while 34 withdrew by the deadline. The NBA’s June 13 withdrawal deadline is the next key date.

Private Credit’s Reality Check: Defaults Rise and Liquidity Tightens
business6 months ago

Private Credit’s Reality Check: Defaults Rise and Liquidity Tightens

Rising loan defaults, asset-quality markdowns, and withdrawal caps are puncturing the private-credit world’s “zero‑loss” narrative, prompting a painful but potentially healthy reset that could spur tighter underwriting and valuations; analysts see default spikes of 8%–9% as painful but not systemic, with stress concentrated in AI‑sensitive software and highly leveraged borrowers.

Private debt fund vows withdrawals won’t reopen, echoing Bear Stearns era concerns
markets7 months ago

Private debt fund vows withdrawals won’t reopen, echoing Bear Stearns era concerns

Blue Owl Capital Corp. II, a $1.6 billion private-debt fund, has abandoned plans to resume withdrawals and will return about 30% of NAV this quarter after its manager sold $1.4 billion of loans to large pension and insurance buyers (including $600 million from the fund). Mohamed El-Erian weighed in on the development, drawing Bear Stearns parallels and warning of broader risks in private credit, even as related Blue Owl vehicles trade well below NAV and the parent’s stock has tumbled.

OregonSaves Holds $430M Despite Ongoing Withdrawals
business9 months ago

OregonSaves Holds $430M Despite Ongoing Withdrawals

OregonSaves, a state-run retirement savings program with $430 million in assets, has successfully enrolled 180,000 residents, but many are withdrawing funds early, leading to an average account balance of only $3,000. Despite its growth and success in encouraging saving, the frequent withdrawals, often for emergencies, hinder long-term retirement preparedness, highlighting the challenges of encouraging consistent savings.

Cameron Young Leads Wyndham Championship Amid Player Withdrawals
sports1 year ago

Cameron Young Leads Wyndham Championship Amid Player Withdrawals

Multiple golfers withdrew from the Wyndham Championship due to weather and injuries, including notable players like Akshay Bhatia and Erik van Rooyen. Rory McIlroy announced he will skip the upcoming FedEx St. Jude Championship to rest and manage his schedule, despite his high standing in the FedEx Cup standings. The tournament and playoff race are shaping up with key players making strategic decisions.