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☆ Amazon's two key businesses get bullish updates. No wonder its stock is at multiyear highs
▼ + stars: | 2024-04-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

While Microsoft Azure's reported 30% year-over-year revenue growth and Alphabet's Google Cloud posted 26% annual revenue growth during the same period, Amazon's results nevertheless indicated the softness in cloud spending is rolling over. Amazon said it expects accelerating AWS revenue trends to continue in 2024, which is good news for the stock. In a poll of more than 1,000 U.S. consumers about their expected spending, Amazon remains the preferred e-commerce destination "by a wide margin." Another encouraging finding in the Wedbush survey: Amazon Prime members said they are seeing "modest improvements" in their experiences, with 39% saying they received an order on the same or next day. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Microsoft Azure's, Adam Selipsky, Jim Cramer, —, Jim Cramer's, Jim, Alain Jocard Organizations: Mizuho Securities, Web, Enterprises, Microsoft, Google, AWS, Wedbush Securities, Walmart, Target, Amazon, CNBC, AFP, Getty Locations: Mizuho, Amazon's, U.S, Wedbush's

☆ Karl Lagerfeld’s Paris apartment sells for $10.8 million
▼ + stars: | 2024-03-27 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —A Paris apartment owned by the late fashion designer Karl Lagerfeld has sold for €10 million ($10.8 million). The apartment is across the Seine from the Louvre. Alain Jocard/AFP/Getty ImagesLocated on Quai Voltaire in the city’s 7th arrondissement, the three-room, 260-square-meter (2,800-square-foot), third-floor apartment sold for nearly double its list price of €5.3 million ($5.7 million). Although it is housed in a building dating from the 17th century, the apartment stands out for its ultra-modern design. Alain Jocard/AFP/Getty ImagesLagerfeld’s tastes changed from property to property, according to fashion writer Patrick Mauriès, who wrote the introduction to the book.

Persons: Karl Lagerfeld, Alain Jocard, Quai Voltaire, Chanel, Lagerfeld, Patrick Mauriès, ”, “ Organizations: CNN, Groupe Althémis, Getty Locations: Paris, Seine, AFP, Quai, Europe, Monte Carlo, Rome, Hamburg

☆ As Trump blasts NATO allies for not paying for defense, these front-line countries are readying for war
▼ + stars: | 2024-03-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

But as Russia's bloody war in Ukraine enters its third year, and the threat to NATO countries, particularly those on Russia's borders, grows, the Baltic states are investing in their defense more than ever. Shawn CooverThe talk came just on the heels of Trump's most recent attack on NATO members who he deems aren't paying their 'fair share." Last week, the former president said that he would keep the US in NATO should European countries pay and "play fair." He said the US "was paying 90% of NATO," and that without the US, NATO "literally doesn't even exist." "We've reinstated conscription, so we're building up our armed forces," an unpopular move that Latvian President Edgars Rinkēvičs is pushing other NATO members to do, too.

Persons: —, Donald Trump, Margus Tsahkna, Vladimir Putin, Tsahkna, Shawn Coover, Trump, ALAIN JOCARD, Olaf Scholz, Emmanuel Macron, isn't, Macron, Krišjānis Kariņš, Kariņš, Thomas Wiegold, We've, Edgars Rinkēvičs, Rinkēvičs Organizations: Service, NATO, Business, Hudson Institute, Washington DC, Estonian, US Marine Corps, Staff, Getty, Latvian, Financial Times Locations: Ukraine, Baltic, Washington, Lithuania, Latvia, Estonia, Russia, Russian, China, Europe, NATO, Poland, estonian, Rakvere, AFP, Baltics, France, Germany, Russia's, Greece, Belarus, Finland, Romania, Hungary

☆ Why can’t we stop calling X, Twitter?
▼ + stars: | 2024-02-23 | by ( Saira Mueller | ) edition.cnn.com time to read: +10 min

While some people (mainly fans of Musk) have embraced the X brand, most have not. Many people, both online and in person, still call the platform Twitter, and refer to posts as tweets. WHY ARE WE STILL CALLING THIS PLATFORM TWITTER. Even when you do see X, it's framed as "X, formerly Twitter". So the brand is what they say it is… it’s not that customers can’t stop calling it Twitter, it’s that they won’t.”

Persons: it’s, adieu, Elon Musk, — Jack Scalfani, ”, — Sherrye Pomeroy, Linda Yaccarino, It’s, ” Ramon Jimenez, Wolff Olins, “, ” Marty Neumeier, —, Musk, ’, Zoë Schiffer, Schiffer, Josh Adelson, X, x.com, ” Musk, wasn’t, Neumeier, “ It’s, ’ ” Elon Musk, Alain Jocard, James Withey, Kirill Kudryavtsev, Withey, — Sandy Horne Organizations: CNN, Twitter, Premium, Twitter Twitter, Global, Merriam, Webster, Oxford English, Liquid Agency, Elon, Musk, Twitter Inc, X Corp, Getty, The New York Times, Apple, Adobe, Google, Strategy, Innovation, Nissan, Datsun Locations: @sherrye_pomeroy, San Francisco, Paris, AFP, Frankfurt, Germany, @SandyHorne61

☆ French post offices are trialling changing rooms to let people try on their online purchases
▼ + stars: | 2024-01-13 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

France's post office is trialing in-store changing rooms to make online shopping easier. The bright yellow booths are designed to look like French post boxes. AdvertisementFrance likes to do some things differently – and its post office is no different. Related stories"The idea is to simplify the lives of our clients," La Poste said, per The Guardian. La Poste also hopes the experiment will bring more people into its branches, which has dropped as sending letters becomes less common.

Persons: —, ALAIN JOCARD, Shopify, There's, Poste, Chloe Thomas, Thomas Organizations: Service, Shoppers, Capital, French Retailers Association, LinkedIn, US National Retail Federation, Poste, Business Locations: France, Paris, Lannion, La Rochelle, La

☆ Newcastle vs. PSG: Magpies denied famous win after controversial VAR penalty decision
▼ + stars: | 2023-11-29 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Newcastle United was denied a famous away win over Paris Saint-Germain after the French side was awarded a late penalty following yet another controversial VAR decision. Trailing 1-0 to Alexander Isak’s 24th-minute goal, PSG swarmed the Newcastle goal throughout the second half but without any success. Polish referee Szymon Marciniak awarded the penalty after being recommended by the VAR to view the pitchside monitor. If he’s the best ref in the business – and he probably is – how can he give that?”How on earth is that a penalty for PSG. After the match, Newcastle manager Eddie Howe said he was “still coming to terms” with the decision to award PSG a spot kick.

Persons: Germain, Alexander Isak’s, Ousmane Dembélé, Tino Livramento, Szymon Marciniak –, –, Dembélé, Szymon Marciniak, Alain Jocard, Darren Fletcher, Ally McCoist, it’s, Gary Lineker, Mbappé, Eddie Howe, “, ” Howe, Franck Fife, Marciniak didn’t, Lewis, @ChampionsLeague — Michael Owen, @themichaelowen Organizations: CNN, Newcastle United, Paris Saint, PSG, Magpies, Newcastle, Getty, TNT, TNT Sports, International Football Association Board, UEFA, Borussia Dortmund’s, AC Milan, Milan, Dortmund Locations: Newcastle, AFP, @GaryLineker, Paris

☆ Why Tesla isn’t unionized
▼ + stars: | 2023-10-12 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Tesla workers earn on average about $55 an hour in wages and benefits, compared to $66 to $71 an hour at Detroit’s Big Three, according to industry estimates. In an aerial view, brand new Tesla cars sit in a parking lot at the Tesla factory on October 19, 2022 in Fremont, California. Brendan McDermid/ReutersThe union, Tesla Workers United, filed an NLRB complaint alleging the company illegally fired its supporters. Tesla is one of the most valuable companies in the world, and some production workers have become millionaires from their shares in Tesla, Musk has said. A Tesla Model X is worked on a factory line with Tesla X's and Tesla S's at the Tesla factory on Wednesday, July 18, 2018 in Fremont, Calif. Lea Suzuki/The San Francisco Chronicle/Getty Images“Tesla tries to make it seem like if you’re unionized you’re not going to get stock,” said Bryan Schwartz, a lawyer who has represented Tesla employees in lawsuits against the company, including an ongoing class action lawsuit for racial discrimination.

Persons: New York CNN — Tesla, Tesla, ”, John Logan, Justin Sullivan, Elon Musk, ” Logan, “, Risa Lieberwitz, Lieberwitz, Brendan McDermid, ” Lieberwitz, Musk, “ Musk, Lea Suzuki, “ Tesla, you’re, Bryan Schwartz, Mike Miller, Miller, Shawn Fain, Alain Jocard, Paul Sancya, Elon, ” Fain Organizations: New, New York CNN, United Auto Workers, Ford, General Motors, Tesla, UAW, EV, UAW doesn’t, San Francisco State University, Getty, Workers, Cornell University School of Industrial and Labor Relations, National Labor Relations Board, Companies, Employers, National Labor Relations Act, “, NLRB, Tesla Inc, Panasonic, Tesla Workers United, SpaceX, San Francisco Chronicle, “ Workers, AP, Detroit automakers, CBS Locations: New York, United States, Detroit, Fremont , California, America, unionize, Austin , Texas, Sparks , Nevada, Buffalo , New York, Buffalo, U.S, Tesla, Fremont , Calif, AFP

☆ As Azerbaijan claims final victory in Nagorno Karabakh, arms trade with Israel comes under scrutiny
▼ + stars: | 2023-10-04 | by ( Max Saltman | ) edition.cnn.com time to read: +16 min

Israeli ‘realpolitik’Young ethnic Armenians from Nagorno-Karabakh in the town of Goris during evacuations to Armenia on October 1. Hayk Baghdasaryan/Photolure/AP Ethnic Armenians from Nagorno-Karabakh drive to Goris on September 28. Vahan Stepanyan/PAN Photo/AP Volunteers distribute food to ethnic Armenians arriving in Goris from Nagorno-Karabakh on September 28. Alain Jocard/AFP/Getty Images Ethnic Armenians from Nagorno-Karabakh line up to receive humanitarian aid at a temporary camp in Goris on September 26. Wezeman, the researcher at SIPRI, said Israel could come under pressure from its Western allies to reconsider arms sales to Azerbaijan.

Persons: CNN —, Marut Vanyan, “ I’m, ”, “, Vanyan, Leonid Nersisyan, Rishon Le, Jack Guez, …, Pieter Wezeman, ” Wezeman, Emmanuel Dunand, Efraim Inbar, ” Inbar, Israel ’, Inbar, LORA, ” Hikmet Ajiyev, Ilham Aliyev, realpolitik, Diego Herrera Carcedo, Sergey Astsetryan, Aziz Karimov, Hayk, Vahan Stepanyan, Vasily Krestyaninov, Alain Jocard, Anatoly Matlsev, David Harapetyan, Irakli Gedenidze, Reuters Greta, Anthony Pizzoferrato, Samantha Power, Power, Astrig Agopian, Novlet, David Ghahramanyan, Israel Organizations: CNN, Azerbaijan, Applied Policy Research Institute, Israel Aerospace Industries, IAI, Autonomous Robotics, Getty, Haaretz, Artsakh Defense Army –, Stockholm International Peace Research Institute, Azerbaijani Ministry of Defense, Israeli Ministry of Defense, Ovda Airport, Israel, Jerusalem Institute for Strategy, “, APRI, Artsakh Defense Army, Reuters, AP, Erebuni, PAN, AP Volunteers, Karabakh, Technologies, US Agency for International Development, Volunteers, Vehicles, Red Cross, People, Armenian Ministry of Foreign Affairs, European Union Locations: Nagorno, Karabakh, Stepanakert, Karabakh’s, Azerbaijan, Armenia, Rishon, Tel Aviv, AFP, Israel’s, Artsakh, Israel, Stockholm, Baku, Lachin, Iran, Iranian, Jerusalem, Ottoman, Turkey, Ottoman Empire, APRI Armenia, Syunik, Nakhchivan, Republic of Armenia, Goris, Yerevan, Kornidzor, Russia, United States

☆ Serge Gainsbourg's former home to open to visitors, but tickets are sold out until December
▼ + stars: | 2023-09-18 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

Maison Gainsbourg, which comprises his former residence and a separate museum, shop and café, will open to visitors on September 20, according to the official website. But now visitors will be able to see inside, exploring the house to the accompaniment of an original soundtrack made by Gainsbourg’s daughter, actress Charlotte Gainsbourg, and the Soundwalk Collective. Over the past week, in the lead up to the grand opening, Charlotte Gainsbourg has posted a series of photos of the house on Instagram. Anyone planning a visit will have to book ahead, though: Tickets are sold out until until December. The pair quickly became the subject of widespread public fascination, with Gainsbourg nearly 20 years older than Birkin, who died in July.

Persons: Serge Gainsbourg, Maison Gainsbourg, Jerome Prebois, Gainsbourg’s, Charlotte Gainsbourg, Alain Jocard, Jane Birkin, Gainsbourg, Birkin Organizations: CNN, Visitors, Getty, BFMTV Locations: Paris, Verneuil, —, AFP, Instagram

☆ Tesla shares dip after hours as earnings call disappoints
▼ + stars: | 2023-07-19 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

related investing news UBS downgrades Tesla, says recent rally fully accounts for demand boost Here's how the company did versus expectations: Revenue: $24.93 billion, versus $24.47 billion expected according to Refinitiv. $24.93 billion, versus $24.47 billion expected according to Refinitiv. Alain Jocard | Afp | Getty ImagesBy way of comparison, during the first quarter of 2023, Tesla reported net income of $2.51 billion on revenue of $23.33 billion. During the second quarter last year, Tesla reported net income of $2.27 billion on $16.93 billion in revenue. Early this month, Tesla reported 466,140 total vehicle deliveries for the second quarter and said it had produced 479,700 electric vehicles.

Persons: Elon Musk, execs, UBS downgrades Tesla, Porte, Alain Jocard, Tesla, Musk, we've Organizations: UBS, SpaceX, Twitter, Porte de, Afp, Getty, Wall Locations: Paris

"Need to reach positive cash flow before we have the luxury of anything else," Musk wrote in response to a tweet. Musk took over Twitter in October of last year in a deal valued at around $44 billion, including about $13 billion in debt. He also claimed at that time that the company was "roughly breakeven," and expected to become cash flow positive within the next quarter. A number of widely followed accounts on Twitter posted that they were dismayed they did not qualify to earn income from the program yet. It's not clear how much Twitter paid creators in total in this first round of payments.

Persons: Elon Musk, Porte, Alain JOCARD, ALAIN JOCARD, Musk, Linda Yaccarino, Comcast's NBCUniversal, NBCUniversal, Twitter, Andrew Tate —, Tate, influencers, Omar Qazi, Sawyer Merritt, Brian, Ed Krassenstein Organizations: SpaceX, Twitter, Porte de, Getty, BBC, CNBC, Internet Hall of Fame, of, X Corp Locations: Paris, AFP, Romania

☆ Twitter says FTC probe 'has spiraled out of control' and asks to terminate privacy settlement
▼ + stars: | 2023-07-13 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

The 2011 agreement originally resolved charges that the platform failed to adequately safeguard its users' information. Twitter is asking the court to determine whether the 2011 FTC order "is equitable in light of the FTC's conduct," according to the filing. As a result, the "misfit consent order ... no longer can serve any proper equitable purpose." Our revised consent order gives us new tools to ensure compliance, and we are prepared to use them." WATCH: Elon Musk polls Twitter users over whether he should remain as CEO

Persons: Elon Musk, Porte, Alain JOCARD, ALAIN JOCARD, Twitter, it's, overreach, Mr, Musk, Elon Organizations: SpaceX, Twitter, Porte de, Getty, Federal Trade Commission, FTC, X Corp, Department of Justice, CNBC, YouTube Locations: Paris, AFP

☆ Musk picks Vegas for Zuckerberg 'cage match' challenge
▼ + stars: | 2023-06-22 | by ( Sheila Chiang | ) www.cnbc.com time to read: +2 min

(Photo by Alain JOCARD / AFP) (Photo by ALAIN JOCARD/AFP via Getty Images)Twitter owner and Tesla CEO Elon Musk suggested Vegas for the location of a "cage match" after reportedly being challenged to a fight by Facebook co-founder Mark Zuckerberg. Another user cautioned Musk saying, "Better be careful @elonmusk I heard he does the ju jitsu now." Zuckerberg reportedly has a white belt in Brazilian jiu-jitsu. That sparked a comment from Musk that suggested he is up for a fight with the Zuckerberg. The Verge tech publication confirmed that Zuckerberg is "serious about fighting Elon Musk and is now waiting on the details" if Musk decides to follow through.

Persons: Elon Musk, Porte, Alain JOCARD, ALAIN JOCARD, Mark Zuckerberg, Musk, Zuckerberg, Mario Nawfal, Dave Camarillo Organizations: SpaceX, Twitter, Porte de, Getty, Facebook, UFC, Blockchain Consulting, Meta, Guerilla Jiu Jitsu, CNBC Locations: Paris, AFP, Vegas

☆ He makes the best baguette in Paris, but he’s not French
▼ + stars: | 2023-05-16 | by ( Oliver Briscoe | ) edition.cnn.com time to read: +4 min

Paris CNN —The humble baguette is the epitome of French baking. The perfect loaf, delicately crusty outside, soft and airy inside, is worth the airfare to Paris all on its own. For the contest, bakers are judged specifically on their “baguette de tradition,” a designation that differentiates good-quality loaves from industrially made rivals. Polski is a veteran of the Paris contest, having presided over it for almost a decade. There is not one neighborhood today without fresh bread, Polski says.

☆ Paris Saint-Germain strongly condemns 'intolerable and insulting' chants from fans outside Neymar Jr.'s house calling for Brazilian to leave club
▼ + stars: | 2023-05-04 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Paris Saint-Germain has built a squad of star-studded players – notably Lionel Messi, Neymar Jr. and Kylian Mbappé – but amid recent discord at the Parisian club, two of that attacking triumvirate have found themselves being targeted by a section of fans. “Paris Saint-Germain most strongly condemns the intolerable and insulting actions of a small group of individuals that took place on Wednesday,” the Parisian club said in a statement after videos emerged on social media showing a group of fans gathered outside the Brazilian international’s house chanting: “Neymar, get out! Neymar, get out!”Videos on social media also showed fans gathered outside the PSG headquarters directing less than flattering chants towards World Cup winner Messi. On Wednesday, PSG suspended Messi for two weeks after the Argentinian’s unauthorized trip away from the team to conduct personal business, according to a club source. Meanwhile Messi, would go on and beat his other teammate, Mbappé, in the final as Argentina overcame France.

☆ France's President Macron overrides parliament to pass retirement age bill
▼ + stars: | 2023-03-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Alain Jocard | Afp | Getty ImagesFrench President Emmanuel Macron on Thursday resorted to using special constitutional powers to push his plan to raise the retirement age to 64 from 62 through the lower house of parliament. The plans were passed in France's Senate on Thursday morning but had been due for a vote in the National Assembly (the lower house), where its approval was not guaranteed. Instead, Prime Minister Elisabeth Borne announced to the assembly that the government would trigger Article 49.3 of the French constitution. Macron's Renaissance party argues reform of the pension system is necessary to sustain it long into the future. Household waste containers and rubbish dumps continue to pile up on the pavements of Paris streets on 14 March 2023 since garbage collectors went on strike against the French government's pension reform bill on 6 March 2023.

☆ France hit by nationwide strike as unions fight Macron’s plan to raise retirement age
▼ + stars: | 2023-01-19 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

French workers would have to work longer before receiving a pension under the new rules — with the nominal retirement age rising from 62 to 64. Many French workers expressed mixed feeling about the government’s plan and pointed to the complexity of the pension system. For those who do not fulfil that condition, like many women who interrupted their career to raise their children or those who studied for a long time and started working late, the retirement age would remain unchanged at 67. Those who started to work early, under the age of 20, and workers with major health issues would be allowed early retirement. Protracted strikes met Macron’s last effort to raise the retirement age in 2019.

☆ France hit by nationwide strike as workers protest over pension reforms
▼ + stars: | 2019-12-05 | by ( Silvia Amaro | ) www.cnbc.com time to read: +4 min

watch nowFrance is experiencing one of its biggest strikes in decades as public sector workers protest against changes to the pension system. According to the French newspaper, Le Monde, more than 180 000 people are taking to the streets in 30 different parts of France. Prior to his election in 2017, President Emmanuel Macron vowed to reform France's pension system. watch nowPrevious attempts to change the pension system have also been met with strong opposition from public sector workers. However, transport workers argue that the new system would mean they would have to work longer into old age or see their pension reduced.

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