每日三篇英语新闻随记118
2019年7月11日
JPMorgan doesn't seem concerned that a ship it owns was just seized with $1 billion of cocaine on board
A boat owned by JPMorgan was seized by US customs weeks after more than $US1 billion worth of cocaine was found aboard. But the bank doesn’t seem to mind. Here are four reasons why JPMorgan likely isn’t sweating too much:
1) JPMorgan owns the ship, not the drugs
2) JPMorgan doesn’t even technically own the vessel – it just financed the purchase. The bank financed the purchase of the ship for the Mediterranean Shipping Company (MSC), a Swiss-based shipping firm.
3) Since JPMorgan Asset Management is the party involved, the firm’s clients technically own the ship. Since asset management, at its core, is defined as the management of assets on the behalf of others, this means JPMorgan itself doesn’t directly own the vessel.
4) JPMorgan presumably has an agreement with MSC that pushes responsibility onto them.
Drinking juice and other sugary beverages is closely linked with cancer
A new study of more than 100,000 healthy adults suggests that regardless of who you are and how healthy your lifestyle may be, if you drink sugar (be it natural or artificial) you are more likely to develop cancer than someone who opts for unsweetened beverages.
Lead study author Mathilde Touvier noted that when you compare the amount of sugar in a serving of fruit juice to soda, the drinks are remarkably alike, so it shouldn’t be a shock that juices might hurt our long-term health. “They contain some vitamins, a little bit of dietary fibres, and no food additives,” Touvier said. “But they also contain lots of sugar.” The results of her study, which was published in the BMJ today, suggest that regardless of other factors like how old a person is, what their family history may be, how active they are, how much schooling they have had, or even whether they’re on birth control, people who drink more sugar tend to get more cancer.
Previous research has also suggested that drinking more juice increases a person’s risk of death and ups the odds that they may develop heart problems, Type-2 diabetes, or die from cancer. But this study is one of the first that aims to untangle the dangerous effects of sugar on the body from the consequences of weight gain, metabolic problems, and heart issues that are often a side effect of drinking sweet beverages.
So “it’s not so surprising” that all of these types of sugary drinks appear to be linked with cancer, she added. However, she is not ready to villainize all pulverized liquid fruits just yet. The new study was an observational one, so it could simply be the case that more sick people are drinking more juice, or some other confusing interplay is at work. There’s no way a study like this could perfectly measure confounding factors like that. For now, Touvier said that if you like juice, it’s fine to enjoy a little bit on occasion.
Goldman Sachs says Amazon's logistics network is hardly a threat to FedEx or UPS
Everyone from UBS analysts to Morgan Stanley experts to former Amazon execs has been sounding the alarm about Amazon Logistics, which has quickly built up a fleet of 70 planes, 10,000 vehicles, and access to ocean and rail brokerage in a handful of years. Even Amazon, as big as they are and growing as fast as they are, will not be able to fill up this network on day one.
Amazon is priming itself to launch a third-party logistics service that could edge out UPS and FedEx in the same way the company dominated cloud computing with Amazon Web Services. Based on expansive FedEx and UPS networks, it would appear that currently Amazon’s limited network size probably does not have the scope or global flexibility to offer time-definite capability to reach just about everywhere,” the Goldman Sachs transportation analyst team wrote in a July 10 report.
One of the most time-consuming parts of Amazon’s investment would be in building out air hubs. The retailer is building a $US1.5 billion air hub at Cincinnati/Northern Kentucky International Airport, scheduled to open in 2021. UPS and FedEx already have, respectively, 13 and 11 hubs. Catching up to that sortation and air-cargo muscle would cost Amazon some $US15 billion and years of construction. Amazon also has only 215 principal and additional operating facilities compared with FedEx’s 1,214 and UPS’s 1,038 facilities. Matching the logistics giants’ might in that area would cost Amazon $US46.6 billion.
Still, Goldman Sachs analysts wrote that UPS and FedEx shouldn’t be totally complacent – as they’re likely to lose more and more business as Amazon continues to move its operations in-house. “Amazon is definitely a concern for the incumbent express companies as Amazon has brought more of its transportation service requirements in-house (distribution facilities and aircraft),” they wrote.
