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☆ A frog was found with mushroom sprouting from its side, leaving scientists baffled
▼ + stars: | 2024-03-01 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

A tiny frog baffled scientists by growing a mushroom on its side. Whether the frog continued to live with the mushroom on its side will remain a mystery. Rao's intermediate golden-backed frog is a small frog that is endemic to India. "When I first observed the frog with the mushroom, I was amazed and intrigued by the sight," Lohit told CNN. "To the best of our knowledge, never has a mushroom sprouting from the flank of a live frog been documented," the authors said in their paper.

Persons: Lohit, C Maliye, Matthew Smith, Smith, he'd, Alyssa Wetterau Kaganer, Karthikeyan Vasudevan, Kaganer Organizations: Service, CNN, New York Times, University of Florida, Times, Cornell University College of Veterinary Medicine, Laboratory, Centre, Cellular Locations: India, Telangana

Loop Capital initiated Dell Technologies with a buy rating and a price target that implies more than 35% upside. Analyst Stephen Grambling hiked his price target by $9 to $49, while keeping his rating at overweight. Salesforce has popped nearly 14% in 2024, extending gains after the stock price came close to doubling in 2023 alone. Roseka's price target of $27.10 shows the potential for just 3.6% in upside compared with Tuesday's ending price. Analyst Ananda Baruah initiated coverage of the technology stock with a buy rating and a $125 price target.

Persons: Stifel, Smucker, Raymond James, Rick Patel, Patel, — Alex Harring, Kenneth Worthington, Worthington, Alex Harring, Morgan Stanley, Stephen Grambling, DKNG's, Grambling, DraftKings, Jackpocket, Morgan, Wednesday's premarket, Goldman, Goldman Sachs, Kash Rangan, Rangan, Bernstein, Daniel Roeska, Stellantis, Roseka, KeyBanc, Sophie Karp, CEG, Karp, Matthew Smith, Smith, Fred Imbert, Dell, Ananda Baruah, DELL, Baruah Organizations: CNBC, Dell Technologies, FactSet, Apollo Global Management, JPMorgan, APO, Grambling, Constellation Energy, Constellation, Dell, Capital, DELL Locations: Tuesday's, Wednesday's premarket, Grambling, Wednesday's, Salesforce, Netherlands, U.S, Europe

☆ What Zyn's explosive growth means for Philip Morris
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Zyn's explosive growth means for Philip MorrisMatthew Smith, Stifel analyst, joins 'The Exchange' to discuss what Zyn's explosive growth means for tobacco giant Philip Morris International, his expectations for the company, and more.

Persons: Philip Morris Matthew Smith, Philip Morris Organizations: Philip Morris International

For gay men and other LGBTQ+ people, “their friends and family may not be aware of how they identify. "And men as a category don’t meet that stereotype, even though all the research has shown us that at least 9% of sexual assault survivors are male.”__This story includes discussion of sexual assault. If you or someone you know needs help, call the National Sexual Assault Hotline at 800-656-4673 or go to https://hotline.rainn.org. Schultz saw others in the opera community rally around the attackers, and was criticized for besmirching the reputation of prominent gay men. Gay men often gather in bars – spaces they feel safe to be themselves.

Persons: Sam Schultz, Schultz, there’s, ” Schultz, ”, Scott Berkowitz, “, Anthony Edwards, Fatima Goss Graves, __ Schultz, David Daniels, Scott Walters, Daniels, Xerxes, didn’t, Walters, they’ve, “ You’re, Ted Gideonse, Gideonse, ” Gideonse, ‘, Mike Jeffries, Jeffries, Matthew Smith Organizations: Associated Press, Sciences, RAINN, Women’s Law Center, Legal Defense Fund, National Women’s Law, Houston’s Rice University, Houston, University of California, Washington, BBC, Abercrombie, Fitch, Abercrombie & Fitch Locations: Irvine, New York, Paris, London

☆ Model Sues Abercrombie & Fitch Saying Former CEO Ran Sex Trafficking Ring
▼ + stars: | 2023-10-28 | by ( Hannah Getahun | Associated Press | ) www.businessinsider.com time to read: +5 min

A male model sued Abercrombie & Fitch, saying the company allowed its former CEO to exploit models. The lawsuit comes after the BBC published a report with claims the CEO ran a sex trafficking ring. CEO Mike Jefferies 'sexually abused his many victims' the lawsuit said. AdvertisementAdvertisementA former model for Abercrombie & Fitch on Friday sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Men said they were exploited or abused, and others noted that modeling opportunities were tied to participation in sex acts.

Persons: Mike Jefferies, —, Fitch, Mike Jeffries, Jeffries, Abercrombie, Matthew Smith, David Bradberry, Smith, Brian Bieber, Bieber Organizations: Abercrombie, Fitch, BBC, Service, Court, Southern, of Locations: of New York, New York, New Albany , Ohio

☆ Abercrombie & Fitch lawsuit: Fashion brand sued over sex trafficking accusations
▼ + stars: | 2023-10-28 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

New York CNN —Dozens of men have filed a class action lawsuit alleging Abercrombie & Fitch was complicit in a decade-long sex trafficking scheme carried out by the fashion company’s former CEO. The lawsuit states that, in a series of instances, one aspiring model was invited to multiple Abercrombie & Fitch casting events in New York, France and London, and was sexually assaulted at least seven times at these events. “Sexual exploitation does not discriminate based on gender,” Henderson told CNN in a statement. The courtroom is where we will deal with this matter,” Jeffries’ attorney Brian Bieber told CNN. Days after the BBC report, Abercrombie & Fitch said it had launched its own investigation into the allegations.

Persons: Abercrombie, Fitch, Michael Jeffries, “, Jeffries, ” Abercrombie, ”, Brittany Henderson, ” Henderson, Abercrombie &, Mr, ” Jeffries, Brian Bieber, Jeffries ’, Matthew Smith, Smith, ” Bieber, Jefferies, “ Abercrombie, Parija Kavilanz Organizations: New, New York CNN, CNN, Abercrombie, Fitch, Abercrombie & Fitch, BBC Locations: New York, France, London, Abercrombie

NEW YORK (AP) — A former model for Abercrombie & Fitch on Friday sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure. Jeffries, who left Abercrombie in 2014, converted the chain from an struggling retailer of hunting apparel to a seller of must-have teen clothing. The lawsuit comes after a BBC report earlier this month raised similar allegations against Jeffries and his partner Matthew Smith. Political Cartoons View All 1223 ImagesThe lawsuit names Jeffries, Smith, and the Jeffries Family Office LLC. It seeks class-action status and estimates that over a hundred young models, in addition to Bradberry, were victims.

Persons: —, Fitch, Mike Jeffries, Jeffries, Abercrombie, Matthew Smith, David Bradberry, “ Jeffries, Smith, “, ” Jeffries, Brian Bieber, ”, Bieber, Anne Organizations: Abercrombie, BBC, Southern, of Locations: U.S, of New York, New York, New Albany , Ohio

☆ Abercrombie & Fitch says it is 'appalled' by allegations against former CEO Mike Jeffries
▼ + stars: | 2023-10-04 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

New York CNN —Abercrombie & Fitch says it has launched its own investigation into allegations originally published by the BBC that the company’s former CEO, Mike Jeffries, exploited men for sex. “We are appalled and disgusted by the behavior described in the allegations against Mr. Jeffries, whose employment with Abercrombie & Fitch Co. ended in 2014, nearly ten years ago. At least some of the parties are alleged to have occurred while Jeffries was the CEO of Abercrombie & Fitch. Jeffries’ attorney, Brian Bieber, provided a response to CNN to the BBC report, saying that “Michael is 79 years old and retired. In years past, he has chosen not to comment on media reports, documentaries, and stories of any kind as they relate to his personal life - and does not plan on doing so now.”Mike Jeffries, former Abercrombie & Fitch CEO, photographed in November 2005.

Persons: Fitch, Mike Jeffries, Jeffries, “, Matthew Smith ., Jeffries ’, Brian Bieber, Michael, ” Mike Jeffries, Michael Loccisano, ”, – Organizations: New, New York CNN, Abercrombie, BBC, Abercrombie & Fitch Co, CNN, Abercrombie & Fitch, Fitch, Brothers Laundry Service, The New York Times, & $ Locations: New York, Black

☆ Former Abercrombie & Fitch boss accused of exploiting men for sex
▼ + stars: | 2023-10-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Mike Jeffries faces allegations that he exploited men at sex events, per a BBC investigation. Abercrombie & Fitch said it was "appalled and disgusted" by these allegations. AdvertisementAdvertisementThe former boss of fashion giant Abercrombie & Fitch has been accused of exploiting men for sex. Abercrombie & Fitch told the BBC that it was "appalled and disgusted" by the alleged behavior of its former CEO. Abercrombie & Fitch did not immediately respond to a request for comment from Insider, made outside normal working hours.

Persons: Mike Jeffries, Fitch, —, Matthew Smith, James Jacobson, Jeffries, Abercrombie & Fitch, Jacobson, Smith, David Bradberry, Barrett Pall, Brad Edwards, Abercrombie Organizations: BBC, Abercrombie, Service, Hamptons, Fitch

☆ These stocks with 'multiyear growth' prospects are about to catch fire, Wall Street analysts say
▼ + stars: | 2023-06-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

CNBC Pro combed through top research to find stocks best positioned for multiyear growth. "A multi-year growth story & we're just getting started," the analyst said. "If that's the case, we see the firm's current valuation as at least sustainable, if not with bias to the upside as conviction builds in the multiyear growth story," he wrote. Entegris — BMO Capital Markets, outperform rating "A Multi-Year Growth Story & We're Just Getting Started. If that's the case, we see the firm's current valuation as at least sustainable, if not with bias to the upside as conviction builds in the multiyear growth story."

Persons: Bhavesh Lodaya, Lodaya, David Hynes Jr, Hynes, Matthew Smith, Smith, Westrock, Macy's —, — Morgan Stanley, Bloom, Conway, Sprout Organizations: CNBC, Bloom Energy, Entegris BMO Capital Markets, Sprout, Westrock, Macy's — JPMorgan, BMO Capital Markets Locations: Rock , Arkansas

☆ English island that inspired Agatha Christie is up for sale, along with its luxury Art Deco hotel
▼ + stars: | 2023-05-10 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

London CNN —A tiny island that inspired legendary crime novelist Agatha Christie has gone up for sale, complete with its own Art Deco hotel and helipad. Burgh Island, located just off the coast of Britain’s south-westerly county of Devon, is on the market for “offers in excess of £15m” ($18.9 million), according to real estate agent Knight Frank. Each room at the hotel is named after a notable guest, including "Agatha's beach house." Burgh Island HotelOver the years, Burgh has been a popular escape for the rich and famous. In 1927, it was sold to film producer Archibald Nettlefold, who went on to build a more substantial hotel in the Art Deco style fashionable at the time.

☆ Myanmar activists, victims file criminal complaint in Germany over alleged atrocities
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +4 min

BANGKOK, Jan 24 (Reuters) - Myanmar activists and 16 alleged victims of abuse have filed a criminal complaint in Germany, accusing top generals of instigating genocide against Rohingya Muslims and other atrocities since a military coup two years ago. A spokesman for Myanmar's military government did not answer a call seeking comment on the complaint filed in Germany. The 16 individual complainants in the Myanmar filing include ethnic Rohingya and others who survived or witnessed crimes in Myanmar since the coup, Fortify Rights said. In the case of the Rohingya, Myanmar authorities have previously said security forces were carrying out legitimate operations against militants who attacked police posts. The junta has also denied the military had carried out atrocities since the coup, disputing casualty figures given by activists and terming opponents "terrorists".

Spreads indicate the premium investors demand to hold corporate bonds rather than safer government debt. However, some investors expect credit spreads may widen again to reflect a recession potentially ahead. Hedge funds and some asset managers short credit, meaning they are betting on a fall in a bond's price, by buying products like credit default swaps (CDS), which rise in value if the risk of a credit default event increases. Primary markets indicate there is no lack of demand for corporate bonds. They expect credit spreads to widen in the first half of this year.

☆ If prices remain closer to $80 a barrel, expect cuts from OPEC
▼ + stars: | 2022-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf prices remain closer to $80 a barrel, expect production cuts from OPECMatthew Smith, Co-Head of Crude Analysis at Kpler, joins Worldwide Exchange to explain the oil outlook.

☆ Red Cross Wants Digital Symbols to Deter Hackers From Healthcare Institutions
▼ + stars: | 2022-11-04 | by ( Catherine Stupp | ) www.wsj.com time to read: +3 min

The International Committee of the Red Cross proposed creating a digital equivalent to its distinctive red symbol to warn off hackers who attempt to break into medical institutions’ networks. Such a digital emblem would deter some but not all hackers, Red Cross advisers say, at a time when hospitals are frequently hit with cyberattacks. The Red Cross and its cyber advisers worked for more than two years on the project. Whatever option governments choose would need to be simple to install, said Matthew Smith, a professor of computer science at the University of Bonn in Germany, speaking at the Red Cross event. “As easy as placing a red cross on a building,” he said.

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