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The new Swiss Army Knife will be missing a key feature
  + stars: | 2024-05-07 | by ( Jack Guy | ) edition.cnn.com   time to read: +2 min
CNN —The maker of the Swiss Army Knife is working on a new version of the classic multi-tool, which won’t have a blade. “We are in the early stages of developing pocket tools without blades,” a spokesperson for Swiss firm Victorinox told CNN in a statement Tuesday, adding that they will compliment the existing range of multi-tools rather than replacing them. Adrian Moser/Bloomberg/Getty ImagesCNN contacted Victorinox after company CEO Carl Elsener Jr. told Swiss media outlet Blick that he is concerned about increasingly stringent regulations on knives in many markets. For example, increasing concern over the prevalence of knife crime means that the British government is considering new legislation on bladed articles, and Elsener himself referenced the country’s rules. “In England or certain Asian countries, you are sometimes only allowed to carry a knife if you need to have it to do your job or operate outdoors,” said Elsener.
Persons: Victorinox, , Adrian Moser, Carl Elsener Jr, Elsener, Karl Elsener, Arnd Wiegmann, Elsener Jr, CNN’s Richard Quest Organizations: CNN, Swiss Army, Bloomberg, Getty Images CNN, , “ Cyclists, Reuters Locations: Ibach, Switzerland, Swiss, England,
He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.
Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, , Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, , ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, , ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, , Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, , Google, Sunday Times, Somerset, Yugoslavia, The, , . Locations: Delhi, , Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, , East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy
He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.
Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, , Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, , ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, , ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, , Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, , Google, Sunday Times, Somerset, Yugoslavia, The, , . Locations: Delhi, , Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, , East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy
He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.
Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, , Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, , ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, , ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, , Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, , Google, Sunday Times, Somerset, Yugoslavia, The, , . Locations: Delhi, , Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, , East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy
New York CNN —The New York Stock Exchange opens every workday morning at 9:30 am ET with the fast-paced bang-clang of a gleaming brass bell. The stock exchange, the largest in the world by market capitalization, has opened with sonic fanfare for more than 150 years. From Wall Street to the Nasdaq Exchange in Times Square to the Chicago Board Options Exchange, loud, ringing bells bookend each trading session. Stock exchanges say that the bell ringing remains both a critical guide and a ceremony that celebrates the market’s resilience through devastating lows and exuberant highs. The stock exchange had been closed since two hijacked commercial airliners were deliberately crashed into the World Trade Center's twin towers on September 11.
Persons: there’s, , Peter Asch, Reagan, Ronald Reagan, Serena Williams, Nelson Mandela, Richard Grasso, Henny Ray Abrams, David Howson, Scott Olson, Howson, Mark McCooey, Morgan Stanley, ” McCooey, Karen Snow, Brendan McDermid, Barbie, Barbie ”, , Chris Hondros, Trudi Wagner, Wagner, Ronald Moser, Wagner That’s, Goldman Sachs, ” Wagner Organizations: New, New York CNN, The New York Stock Exchange, Nasdaq Exchange, Exchange, New York Stock Exchange, Jersey Shore, NYSE, Former South African, Getty, Cboe, yanks, Nasdaq, Microsoft, UN, United Nations, Bell, Warner Bros, Warner Bros ., World Trade Center, Trade Center, United, New York Stock, Trade, Dow Jones Locations: New York, Chicago, Jersey, Asch, AFP, York, Chicago , Illinois, New York City, America, United States, New Jersey, Manhattan, Charleston , South Carolina
NEW YORK (AP) — Franz Welser-Möst is back on the Cleveland Orchestra's podium, concentrating again on music instead of his health. Political Cartoons View All 253 ImagesWelser-Möst had surgery Sept. 1 to remove a cancerous tumor from his bladder and came back to Cleveland to conduct the orchestra's season opener on Sept. 28. Both are very well now, so there’s every reason to be optimistic.”Welser-Möst has been Cleveland's music director since 2002-03 and has appointed 69 musicians, including 52 of the current 105 members. And in those days, of course, I was like: How on earth is he doing that?”Welser-Möst first conducted the Cleveland Orchestra in 1993 and became music director for the 2002-03 season. On the afternoon of his return concert on Jan. 11, he announced he will retire as music director at the end of 2026-27, his 25th season.
Persons: — Franz Welser, , George Szell, , Verdi's, Möst, André Gremillet, Franz Leopold Maria Möst, Baron Andreas von Bennigsen, Herbert von Karajan, Karajan, Albert Moser, Vienna’s, “ I’d, wasn't, “ I’m, Clive Gillinson, he's, Beethoven's, Strauss, “ I’ve, Riccardo Muti, Gustavo Dudamel Organizations: Cleveland, Cleveland's Severance Music Center, Carnegie Hall, Vienna Philharmonic, Vienna State Opera, Salzburg Festival, Cleveland Orchestra’s, Berlin Philharmonic’s, Karajan, Cleveland Orchestra, Carnegie, ” Carnegie Hall, Chicago Symphony Orchestra, Los Angeles Philharmonic, New York Philharmonic, Locations: Austrian, Austria, New York, Naples, West Palm Beach , Florida, Cleveland, Vienna, Linz, Welser, Liechtenstein, Salzburg, Berlin, York, Weimar Republic, Weimar, Zurich, U.S
Morning Bid: 'Not confident' Powell drags markets lower
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +3 min
Since the Fed left rates unchanged last week, markets had increasingly grown confident that the peak in U.S. rates was in sight. But up stepped Powell to squash any hopes of an impending rate cut. "[The Fed] is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2% over time," Powell said. That led stocks lower, with MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) skidding 1% to their lowest in a week. The rise in yields boosted the dollar, which is headed for its best week against the yen in three months.
Persons: Jerome Powell, Kevin Lamarque, Ankur Banerjee, Powell, Christine Lagarde, Walt Disney, policymaker Joachim Nagel, SNB's Thomas Moser, Edmund Klamann Organizations: Monetary Fund's, REUTERS, Ankur, European bourses, Treasury, Industrial, Commercial Bank of China's, U.S . Treasury, Reuters, Thomson Locations: Washington , U.S, Asia, Pacific, Japan, European, U.S, Commercial Bank of China's U.S, Norway, Sweden
Israeli forces move deeper into Gaza
  + stars: | 2023-10-30 | by ( Whet Moser | ) www.nytimes.com   time to read: +1 min
The Israeli military advanced on Gaza City from at least three sides today as it battered the enclave with airstrikes. The deepest reach, about three miles, paralleled the Mediterranean coast toward the Shati refugee camp on the northern flank of the city. Here’s a map showing locations of Israeli troops in Gaza. Formations of troops and armored vehicles approached the city and neighboring population centers from the north, east and south, as shown by eyewitness photos and videos verified by The New York Times, as well as satellite imagery. Under U.S. pressure to temper Israel’s response to the Hamas killing of more than 1,400 people, Israel has avoided describing the operation as an invasion.
Persons: Benjamin Netanyahu Organizations: The New York Times, U.S Locations: Gaza, Here’s, Israel
Coyotes edge Duck to triumph in home opener
  + stars: | 2023-10-21 | by ( Field Level Media | ) www.reuters.com   time to read: +2 min
[1/19] Oct 21, 2023; Tempe, Arizona, USA; Anaheim Ducks center Sam Carrick (39) and Arizona Coyotes defenseman J.J. Moser (90) battle for position in front of goaltender Karel Vejmelka (70) in the first period at Mullett Arena. Frank Vatrano scored and Lukas Dostal made 26 saves for Anaheim, which has lost two in a row. Arizona went on its second power play in the first period after Ducks rookie Leo Carlsson was called for interference against Lawson Crouse. Anaheim's top line of Trevor Zegras, Troy Terry and Carlsson combined to take 18 of its 33 shots on goal. Arizona was down to 10 forwards for the final period after Michael Carcone (upper-body injury) and Zucker (lower-body injury) departed.
Persons: Sam Carrick, J.J, Moser, Karel Vejmelka, Matt Kartozian, Jason Zucker, Clayton Keller, Frank Vatrano, Lukas Dostal, Leo Carlsson, Lawson Crouse, Juuso Valimaki, Matias Maccelli, Valimaki, Zucker, Keller, Vejmelka, Vatrano, Adam Henrique, Jakob Silfverberg, Trevor Zegras, Troy Terry, Carlsson, Michael Carcone Organizations: Anaheim Ducks, Arizona Coyotes, Mullett, Arizona, Anaheim, Ducks, Lawson Crouse . Arizona, The Ducks, Thomson Locations: Tempe , Arizona, USA, Tempe, Ariz, Lawson Crouse ., Arizona, Anaheim
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia will materialize as a 'terrific opportunity' for Apple, says analystJason Moser of The Motley Fool discusses Apple's business opportunities in Asia, as major companies move to derisk from China amidst growing concerns over supply chain disruptions.
Persons: Jason Moser Organizations: Apple Locations: Asia, derisk, China
What the Hollywood Writers’ Deal Means
  + stars: | 2023-09-25 | by ( Whet Moser | ) www.nytimes.com   time to read: +1 min
Hollywood writers reached a deal to end their strikeThe Writers Guild of America, which represents more than 11,000 screenwriters, could begin finalizing a deal on a new contract with entertainment companies as soon as tomorrow. The 146-day strike all but ended after the two sides reached a tentative deal on Sunday night. SAG-AFTRA and the studios have not spoken in more than two months, and no talks are scheduled. But the prospective writers’ deal should provide a blueprint for the actors, since many of their demands are similar. The tentative deal came after several senior company leaders joined the talks directly — among them Robert Iger, Disney’s chief executive; Ted Sarandos, Netflix’s co-chief executive; and David Zaslav, who runs Warner Bros.
Persons: Robert Iger, Ted Sarandos, Netflix’s, David Zaslav Organizations: Guild of America, SAG, Warner Bros .
Watch Boutiques Blossom in the Digital Age
  + stars: | 2023-09-13 | by ( Victoria Gomelsky | ) www.nytimes.com   time to read: +1 min
“As much as we’ve grown over the past five years, we’re expecting just as much in the next five years,” he said. (In 2022, the United States accounted for 15.7 percent of Swiss watch exports, making it far and away the industry’s No. Plenty of watchmakers would say the same about Europe, Asia and the Middle East. Saudi Arabia and Southeast Asia are two of the luxury watch world’s most alluring destinations at the moment. So let’s create some.”Despite their modest production volume compared with that of corporate brands, independent watchmakers are equally focused on opening physical stores.
Persons: Ira Melnitsky, we’re, , Chopard, Hublot, Zenith, ” Julien Tornare, Mr . Kern, Breitling, , Edouard Meylan, Moser Organizations: Bucherer, Moser & Cie Locations: California, Hawaii, U.S, United States, Swiss, Europe, Asia, Shanghai, Vienna, Cyprus, Riyadh, Bangkok, Saudi Arabia, Southeast Asia, Schaffhausen, Hong Kong
I was trying to be an adult; I was trying to be a writer; I was constantly, I felt, failing at both. To come abroad is to understand yourself as a product of your own culture, and to see just how specific that culture is. Away from it, I realized that many things I thought of as normal are not, in fact, normal. Learning to live here meant mastering a grammar that gave me access to other ways to see — other ways to be. In the past nearly 400 years, their country, like every other country, had changed so much as to be unrecognizable.
Persons: , Rembrandt, Vermeer, Frans Hals Locations: United States, Europe, Netherlands
Editor’s Note: Phyllis L. Fagell, a licensed clinical professional counselor and professional school counselor, is the author of “Middle School Matters.” Her new book is “Middle School Superpowers: Raising Resilient Tweens in Turbulent Times.”CNN —After a disappointing routine during a gymnastics meet, Addy Moser was full of self-doubt, so the 13-year-old tried silently encouraging herself using her own first name. It’s not easy for middle schoolers to counteract unrealistic expectations they absorb from peers, family members, the culture and themselves, which is why I devote a chapter in my new book, “Middle School Superpowers: Raising Resilient Tweens in Turbulent Times,” to acquiring “super security,” the power to develop a healthy self-identity. The good news is you can help your child acquire super security. Beyond offering unconditional love, which every child needs to feel secure, parents can do practical things to shore up a tween’s self-image. Parents can encourage children who use social media to be mindful about the posts they see and share.
Persons: Phyllis L, , Addy Moser, Jason Moser, , Dad, ‘ Addy, Addy, ’ ” Moser, It’s, Michele Borba, Erlanger Turner, Moser, “ Sally, ” Moser, Devorah Heitner, Heitner, Jennifer Breheny Wallace, ” Wallace, Martin Seligman, Christopher Peterson, don’t, Wallace, , ‘ You’re, , Amy Morin, Mary Alvord, ” Alvord, you’re, Robyn Silverman, Silverman, you’ve, I’m, Turner, Borba Organizations: , Times, ” CNN, Michigan State University, Pepperdine University, Forster, Productions, Via Survey, SDI Locations: Los Angeles
On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. The temperatures are “very extreme,” said Matt Salerno, a meteorologist with the National Weather Service in Phoenix. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.
Persons: Phoenix, , Mazey Christensen, Matt Salerno, “ We’re, Alex Guerrero, Adriana Zehbrauskas, Ramsay de, Charles Outen, Zach Stone, Rocky Martinez, Rebecca Noble, Dee Lee, Brandon Bell, Jerald Moser, Moser, Michael Crimmins, Go Nakamura, , Josh McGinty, Mr, McGinty, Ralph Horton, Horton, Maggie Miles, Jack Healy, Sheryl Kornman Organizations: Sweet Republic, Phoenix . Business, National Weather Service, Phoenix Fire Department, The New York Times, Weather Service, Demuth Community Center, Salvation Army Tucson Hospitality House, Tucson Medical, University of Arizona, Houston ., Reuters, Texas Locations: Phoenix, Phoenix ., Santa Fe, New Mexico, Arizona, Northern, Michigan, New York, Vermont, Palm Springs, Calif, Southern California, Tucson, Ariz ., Ariz, Maricopa County, Ironwood, Marana, Houston, Reuters In Texas, Corpus Christi, Southern, Jackson, Miss, Montgomery, Ala, Tallahassee, Fla, Vicksburg, Texas, Mississippi
On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. The persistent heat in the Southwest is the result of a high-pressure system that has been parked over the region for weeks. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.
Persons: Phoenix, , Mazey Christensen, Matt Salerno, “ We’re, Alex Guerrero, Adriana Zehbrauskas, Ramsay de, Charles Outen, Zach Stone, Rocky Martinez, Rebecca Noble, Dee Lee, Brandon Bell, Jerald Moser, Moser, Michael Crimmins, Go Nakamura, , Josh McGinty, Mr, McGinty, Ralph Horton, Horton, Maggie Miles, Jack Healy, Sheryl Kornman Organizations: Sweet Republic, Phoenix . Business, National Weather Service, Phoenix Fire Department, The New York Times, Weather Service, Demuth Community Center, Salvation Army Tucson Hospitality House, Tucson Medical, University of Arizona, Houston ., Reuters, Texas Locations: Phoenix, Phoenix ., Santa Fe, New Mexico, Arizona, Northern, Michigan, New York, Vermont, Palm Springs, Calif, Southern California, Tucson, Ariz ., Ariz, Maricopa County, Ironwood, Marana, Houston, Reuters In Texas, Corpus Christi, Southern, Jackson, Miss, Montgomery, Ala, Tallahassee, Fla, Vicksburg, Texas, Mississippi
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta’s Threads is not Twitter killer, but will pose real threat to Twitter's growth: AnalystJason Moser of Motley Fool discusses the rivalry between Meta's newly-launched Threads and Twitter in both user growth and advertising income.
Persons: Jason Moser, Motley
You’re probably very weird, and not just for all the obvious reasons you’re thinking of. Because, obviously, there’s going to be some overlap in the curve here. How you’re going to behave with your professor is quite different than how you’re going to behave with your friends. But it’s really kind of faceless, and you’re not really helping anybody you know. I think things are dynamic, and directions are changing, and that sort of thing.
LONDON, May 2 (Reuters) - Apple Inc (AAPL.O) urged a London tribunal on Tuesday to block a $2 billion mass lawsuit accusing it of hiding defective batteries in millions of iPhones by "throttling" them with software updates. The tech giant is facing a lawsuit worth up to 1.6 billion pounds plus interest, brought by consumer champion Justin Gutmann on behalf of iPhone users in the United Kingdom. Gutmann's lawyers argued in court filings that Apple concealed issues with batteries in certain phone models and "surreptitiously" installed a power management tool which limited performance. Apple had also committed to be "clearer and more upfront" with iPhone users about battery health to Britain's competition watchdog in 2019, Moser said. The company denies misleading its customers about iPhone battery issues and points to a public apology it issued in 2017, offering cheaper battery replacements to affected customers.
Sabers 6, Flyers 3Alex Tuch scored his second career hat trick to help Buffalo to a win against host Philadelphia. Morgan Frost scored twice and Felix Sandstrom made 23 saves for the Flyers, who had their seven-game point streak snapped. Avalanche 5, Stars 2Nathan MacKinnon had two goals, Mikko Rantanen had a goal and three assists, and host Colorado beat Dallas. Ben Hutton, Zach Whitecloud and Brett Howden also notched goals for Vegas, which is 5-1-1 in its past seven games. J.J. Moser and Milos Kelemen scored for the Coyotes (27-37-13, 67 points), who have dropped seven straight games (0-5-2).
Closer supply chains to the U.S. are giving Mexican stocks a big boost to start the year. The iShares MSCI Mexico ETF (EWW) , which is made up of Mexican stocks, is performing even better — up 15.2%. EWW YTD mountain EWW in 2023 One key factor driving this early outperformance is "nearshoring," which refers to companies bringing supply chains closer to their home country. In this case, many U.S.-based companies are moving their supply chains to neighboring Mexico, which could lead to even more gains in Mexican stocks. Lippmann said the firm likes stocks directly helped by nearshoring trends, such as the real-estate firm Vesta and airport operator OMA .
Shiffrin claims fifth overall World Cup title
  + stars: | 2023-03-04 | by ( ) www.reuters.com   time to read: +2 min
March 4 (Reuters) - Mikaela Shiffrin secured her fifth overall women's World Cup title when she took fifth place in the downhill in Kvitfjell, Norway, on Saturday, but her wait for a record-equalling 86th World Cup win continues. Shiffrin, who won three consecutive overall World Cup titles from 2017-19 as well as one in 2022, is now one shy of the women's record held by Austrian Annemarie Moser-Proell, winner from 1971-75 and in 1979. Shiffrin is also one race win away from equalling Swedish men's slalom great Ingemar Stenmark's decades-old record of 86 World Cup victories. She broke the women's record of 82 World Cup wins in January. Home favourite Kajsa Vickhoff Lie won the race, becoming the first-ever Norwegian woman to win a World Cup downhill.
Reshoring declarations are amping up, as more companies look to return operations to the United States from overseas. Corporate reshoring announcements jumped 17% in the fourth quarter compared with the prior quarter and are now tracking nearly 300% higher than the fourth quarter of 2021, according to UBS. In fact, reshoring and foreign direct investments jobs reached a record of at least 360,000 jobs last year, according to the Reshoring Initiative. The move back to the U.S . can also be seen in corporate earnings, said Ron Graziano, managing director of global accounting and tax for Credit Suisse. The company's equipment is needed for big semiconductor manufacturing plants as companies test chips as they are produced, Snyder said.
SAO PAULO, Jan 31 (Reuters) - The Brazilian Olympic Committee said it had filed a complaint against volleyball player Wallace de Souza after the former Olympic champion wrote a post on social media that appeared to back violence against President Luiz Inacio Lula da Silva. An Instagram follower of the athlete asked him on the social media platform if he would "shoot Lula in the face with a 12 (caliber gun)." He later deleted the post and uploaded a video apologizing, saying he would never suggest violence or hatred towards anyone and calling the post a mistake. Wallace was part of Brazil's gold medal-winning volleyball team in the 2016 Summer Olympics, and a silver medalist in 2012. Earlier in January, thousands of Bolsonaro supporters vandalized the Supreme Court, Congress and presidential palace, seeking to provoke chaos and a military coup that would oust Lula and restore Bolsonaro to power.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSwiss National Bank says it doesn't need a central bank digital currencyThomas Moser, alternate member of the governing board of the Swiss National Bank, said he doesn't yet see a need yet to issue a central bank digital currency. Central banks around the world are exploring the use of CBDCs, CNBC's Arjun Kharpal reports.
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