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☆ Oracle met with Senate aides about TikTok data storage after House ban passed
▼ + stars: | 2024-04-22 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

The House legislation would require TikTok's China-based parent company ByteDance to divest the social media app, or face an eventual ban in the United States. Glueck said Oracle did not lobby for or against the TikTok bill, and only disclosed the meetings on mandatory filings in order to be transparent. "In a TikTok ban or shut-down scenario, Oracle would lose what is likely its largest OCI [Oracle Cloud Infrastructure] customer. Though the initial House bill briefly stalled in the Senate, a similar piece of legislation passed the House on Saturday and already has key support in the Senate. The services included providing congressional offices "technical assistance" in regards to the TikTok legislation, according to the disclosures.

Persons: Ken Glueck, Oracle, Glueck, Sen, Maria Cantwell, Mark Warner, Both Cantwell, Warner, Joe Biden, TikTok Organizations: Oracle, CNBC, Fierce Government Relations, Polaris Government Relations, Senate, Intelligence Committee, Oracle Cloud Infrastructure, UBS, TikTok, Intelligence, Records, Polaris, Internal Revenue Service Locations: Washington, United States, China

☆ A NASA astronaut, former SpaceX flight surgeon, and father of 2 says parenting is by far his hardest job
▼ + stars: | 2024-03-30 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +5 min

Read previewAnil Menon is one of NASA's newest astronauts and former SpaceX flight surgeon, but none of that compares to, what he said, is his hardest job: being a dad. Anil and Anna Menon pose together in their respective NASA and SpaceX astronaut jumpsuits. But when both parents work in space flight, unique challenges arise like conflicting schedules and time management. Anil Menon uses the problem-solving skills he gained from astronaut training to help him juggle parenting challenges. During astronaut training, Anil spent two months away from home in Florida learning how to fly a T-6 aircraft for pilot training.

Persons: —, Anil Menon, Anna Menon, Anil, Anna, James Blair, we've, James, Grace, Anil Menon Anil Organizations: Service, SpaceX, Polaris, Business, NASA Locations: Houston, LA, Florida

☆ SpaceX says it plans to sell satellite laser links commercially
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +1 min

SpaceX President and Chief Operating Officer Gwynne Shotwell introduces the first four NASA astronauts assigned to fly on board the Crew Dragon SpaceX spacecraft at SpaceX headquarters in Hawthorne, California, U.S. August 13, 2018. SpaceX has started selling satellite lasers, which are used for speedy in-space communications, to other satellite firms, company President Gwynne Shotwell said at a conference on Tuesday. Shotwell, speaking on a panel at the Satellite industry conference in Washington, said SpaceX as a supplier will sell that technology to other companies. Space companies have opted to sell spacecraft components to diversify revenue and shore up cash to fund bigger capital-intensive projects. "We generally don't sell components, so this is a little bit of a new thing for us," Shotwell told Reuters after the panel discussion.

Persons: Gwynne Shotwell, Shotwell Organizations: SpaceX, NASA, Satellite, Polaris, Reuters Locations: Hawthorne , California, U.S, SpaceX's, Washington

☆ Meet an 'airline nepo baby' — he's flown for free since birth, gets upgraded to business class, and books last-minute trips to Tokyo and Sydney
▼ + stars: | 2024-03-13 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

Crawford has booked cheap last-minute vacations to Sydney and Paris, thanks to his status as an "airline nepo baby." Perks extend to business-class upgradesPaying almost nothing to fly isn't the only benefit Crawford gets as an airline nepo baby. Given how long his father has worked for United, Crawford said he's also a high priority when free upgrades to business class are available. AdvertisementOn some occasions, Crawford has received free upgrades to United Airlines Polaris business class cabin. As a recent college grad, he said he couldn't afford to fly business class otherwise.

Persons: —, Joshua Crawford, Crawford, Joshua Crawford Crawford, doesn't, he's, you've Organizations: Service, United Airlines, Business, Google, United, Polaris, United Airlines Polaris Locations: LA, Tokyo, Coachella, California, Los Angeles, Springs, New Jersey, Sydney, Paris, New York, Denver, United, Japan, Australia, Europe

☆ This biotech startup wants to prevent unhappiness. Here's the pitch deck Matter Bioscience used to raise $26 million.
▼ + stars: | 2024-02-26 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Read previewAxel Bouchon cofounded Matter Neuroscience in 2019 after leading the venture arms of pharma giants Moderna and Bayer. AdvertisementMatter has emerged from stealth with $26 million from ARCH Venture Partners, Polaris Partners, Exor Ventures, and Collaborative Fund, Business Insider has learned exclusively. That $26 million includes an initial seed round led by Polaris Partners and a Series A round led by ARCH Venture Partners. The startup views itself now as a consumer biotech startup, Bouchon said. Here's the 17-slide pitch deck Matter used to raise $26 million.

Persons: —, Axel Bouchon, Bouchon Organizations: Service, pharma, Moderna, Bayer, Business, Venture Partners, Polaris Partners, Exor Ventures, Fund, Brain Imaging, Icahn School of Medicine Locations: Maastricht, Netherlands, Mount Sinai, Seoul, South Korea

☆ Delta to open a new tier of 'premium' airport lounges this year in high-end travel push
▼ + stars: | 2024-02-08 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Delta Air Lines ' popular airport lounges are getting a more exclusive tier, in the airline's latest push to cater to high-spending travelers. The first "premium" lounge is scheduled to open in June at New York's John F. Kennedy International Airport, and at 38,000 square feet, it will be the largest of the carrier's lounges, Delta said on Thursday. Other high-end Delta lounges will open in Boston and Los Angeles later this year. The new strategy shows Delta moving away from a one-size-fits-all approach for its airport travelers. The airline is joining United Airlines , which operates Polaris lounges, and American Airlines ' which has Flagship lounges, along with standard airport clubs.

Persons: John F, Delta Organizations: Delta Air Lines, New, Kennedy International Airport, Sky Clubs, United Airlines, Polaris, American Airlines, Delta, New York's LaGuardia Locations: Boston, Los Angeles, Delta, JFK, Charlotte , North Carolina, Seattle, Miami

☆ Exclusive: AI healthcare software startup Cohere Health just raised $50 million
▼ + stars: | 2024-02-01 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Cohere Health just landed $50 million in Series B extension funding, Business Insider has learned exclusively. Deerfield Management led the Series B extension, with participation from Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. The Cohere Health team. This year, as it works to get more health plans to use its software, Cohere plans to grow its workforce. In the second quarter of this year, Cohere plans to announce software that will apply AI to medical imaging.

Persons: Siva Namasivayam, Cohere, Axios, Namasivayam, It's, Michael Greeley, Lynne Chou O'Keefe, Greeley, Cohere's Organizations: Cohere, Business, Deerfield Management, Define Ventures, Flare Capital, Longitude, Polaris Partners, Humana, Capital Partners, Cohere Health Locations: Deerfield, Cohere

☆ 10 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-01-27 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.

Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile

☆ Stocks making the biggest moves before the bell: Spirit, Tesla, Teladoc, Rivian and more
▼ + stars: | 2024-01-17 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Spirit Airlines , JetBlue Airways — The airline stocks slid after a federal judge blocked JetBlue Airways' proposed $3.8 billion acquisition of Spirit Airlines. JetBlue shares fell nearly 1%, while Spirit Airlines dropped more than 20%. SolarEdge Technologies — The solar stock fell 5% following a downgrade by Barclays to underweight from equal weight. Twist Bioscience — Shares climbed 3.2% on the heels of an upgrade to buy from neutral at Goldman Sachs. Ford — Shares shed 2.3% on the back of a UBS downgrade to neutral from buy.

Persons: Sinclair —, Sinclair, Goldman Sachs, Davidson, William Blair, Nutanix, Wolfe, Uber, Tesla, Morgan Stanley —, Ted Pick, Visteon, Morgan Stanley, Morgan, —, Sarah Min, Yun Li, Jesse Pound, Michelle Fox Organizations: Spirit Airlines, JetBlue Airways —, JetBlue Airways, Bank of America Securities, Susquehanna Financial, JetBlue, LSEG, Diamond Sports Group, Diamond, Technologies, Barclays, Goldman, —, Broadcom, VMware, Deutsche Bank, Ford —, UBS, JPMorgan, Polaris, Mattel Locations: Rivian, China

☆ Stocks making the biggest moves midday: Instacart, Spirit Airlines, Marathon Digital and more
▼ + stars: | 2024-01-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Following the ruling, Bank of America downgraded Spirit to an underperform rating, while Susquehanna downgraded the airline to negative. Rivian — The electric vehicle manufacturer slid nearly 8% following a downgrade to a hold rating from Deutsche Bank. Polaris , Mattel — The stocks moved following rating changes from Morgan Stanley. Meanwhile, toymaker Mattel slid 2.8% after Morgan Stanley downgraded shares to equal weight, citing lofty consensus estimates and a tough 2024 outlook. Marathon Digital — The crypto mining firm slid 3% during Wednesday's trading session.

Persons: JetBlue's, Sinclair —, Sinclair, SolarEdge — SolarEdge, Teladoc, Davidson, Nutanix, William Blair, Uber, Ford, Morgan Stanley —, Ted Pick, Morgan Stanley, TD Cowen, Gregory Lewis, —, Alex Harring, Yun Li, Pia Singh, Samantha Subin Organizations: Spirit Airlines, JetBlue Airways —, Bank of America, Susquehanna, Interactive, LSEG, Diamond Sports Group, Diamond, Barclays, Broadcom, VMware, Wolfe Research, Deutsche Bank, UBS, JPMorgan, Polaris, Mattel, Automotive, Boeing, Federal Aviation Administration, BTIG, Marathon Digital Locations: Europe, China

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Rivian, Amazon, Netflix, Ford, Rocket Lab & more
▼ + stars: | 2024-01-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Citi reiterates Apple as buy Citi said it's standing by its top pick status on Apple shares. UBS downgrades Ford to neutral from buy UBS said it sees limited upside to estimates. TD Cowen downgrades Fisker to market perform from outperform TD said it sees too many growing pains for Fisker. KeyBanc initiates Rocket Lab as overweight Key said it sees upside for the rocket satellite company. "We initiate coverage on Rocket Lab USA (NASDAQ: RKLB) with an Overweight rating and $8 price target, reflecting ~50% upside."

Persons: Jefferies, Tesla, Elon, Ford, TD Cowen downgrades Fisker, JPMorgan downgrades Morgan Stanley, Morgan Stanley, it's, Christine Barone, Goldman Sachs, Goldman, Davidson downgrades Teladoc, Key, Evercore, Wolfe, Piper Sandler, TGT, BURL, SolarEdge, Mizuho, William Blair, it's bullish Organizations: Citi, Apple, Huawei, UBS, JPMorgan, Bank of America, Bros, Rocket Lab, Lithia, Dealers, Susquehanna, JetBlue Spirit, Deutsche Bank, Deutsche, EV, CART, Target, Barclays, Boeing, Airbus, Mizuho, Amazon, " Bank of America, Netflix Locations: China, 2Q24, 3Q24, Burlington

☆ CD Projekt's third-quarter profit doubles after 'Phantom Liberty' release
▼ + stars: | 2023-11-28 | by ( Adrianna Ebert | ) www.reuters.com time to read: +2 min

GDANSK, Nov 28 (Reuters) - Video games developer CD Projekt's (CDR.WA) third-quarter net profit doubled from a year earlier, it said on Tuesday, following strong demand for "Phantom Liberty", the long-awaited expansion to the company's flagship game "Cyberpunk 2077". "Phantom Liberty", the Polish company's first major new game in nearly three years, was released on Sept. 26 and had sold over 4.3 million copies within two months. The company reported a net profit of 202.9 million zlotys ($51.54 million) for the third quarter, beating the 162 million zlotys expected by analysts and up 105% from a year earlier. Revenue for the period rose 80% year on year to 442.7 million zlotys, it said. "We are very pleased with the launch of Phantom Liberty.

Persons: Adam Kicinski, Michal Nowakowski, Kicinski, Nowakowski, we're, Adrianna Ebert, Anna Pruchnicka, David Goodman, Susan Fenton, SDharon Singleton Organizations: Revenue, Liberty, Polaris, Thomson Locations: GDANSK, Polish

☆ Was Peace Ever Possible?
▼ + stars: | 2023-11-20 | by ( Moderated Emily Bazelon | A Discussion Moderated Emily Bazelon | ) www.nytimes.com time to read: +45 min

This was known as the Oslo peace process, named for the city where the secret talks took place. Micha Bar-Am/Magnum Photos Prime Minister Yitzhak Shamir of Israel during the the Middle East peace conference in Madrid, 1991. Margalit: All the Israeli leaders who negotiated for peace, starting with Rabin, were in a weak political position. Dajani: With the First Intifada, and then subsequently Madrid and Oslo, Palestinians suddenly see the possibility of agency. But what’s important to understand is that the notion of peace for Rabin, and for most Israelis, is that peace is a lack of violence from the other side.

Persons: Jordan, Israel, Yasir Arafat, Bernard Frye, Arafat, Larry Towell, Abbas, Micha, Yitzhak Shamir, Jerome Delay, Saddam, Hussein, George H.W, Bush, James A, Baker III, Baker, Shamir, Yitzhak Rabin, Rabin, Shimon Peres, —, Margalit, Saddam Hussein, Hosni Mubarak of, King Hussein of Jordan, Bill Clinton, Gary Hershon, Abu Alaa, “, ” Rabin, ” Arafat, ”, Ashrawi, Yehuda, Efraim, Susan Meiselas, Baruch Goldstein, Patrick Baz, Daoud Mizrahi, Gilles Peress, Goldstein, Matti Steinberg, Netanyahu, Bazelon, Clinton, Shikaki, Manal Jamal, didn’t, Dennis Ross, Omar, Camp David, Ehud Barak, Md, Ralph Alswang, Christopher Anderson, Motasm Amir, Barak didn’t, Barak, David, Dajani, Emily, Arafat —, Ross, Mary, Nobody, Arafat didn’t, Hosni Mubarak, Mubarak, El, there’s, There’s, Robert Malley, Hussein Agha, ” Barak, Sharon, It’s, Yarden Romann, Peter van Agtmael, Khan Younis, Yousef Masoud, Khan, Ahmad Hasaballah, Ziv Koren, they’re, Dan, Avishai, Omar Dajani, Taba, Dana El Kurd, Efraim Inbar, ‘ ‘ Rabin, ’ ’, Daniel Kurtzer, Avishai Margalit, George Kennan, Van, Khalil Shikaki, Limor Yehuda, Emily Bazelon, Nabil Ismail, Pascal, Said, Ulf Andersen, Getty, Menahem Kahana, Abdel, Shafi, Maggie Ohayon, Yigal Amir, Yoav Lemmer, Jack Guez, Olmert, Moshe Milner, Ami, Dani Cardona, Awad Awad, Obama, Ben Gershom Organizations: United Nations, West Bank, Associated, Palestine Liberation Organization, U.S, Soviet Union, Palestinian, Madrid didn’t, Bank, White, Agence France, Presse, Getty Images, Oslo Accord, White House, Reuters, Israel’s Labor Party government, Bazelon, Oslo Palestinian, Getty, West, Shin, Gross, . Security, Camp, Camp David Summit, Labor Party, NPR, American, New York Times, Polaris, Labor, United, McGeorge School of Law, University of the, Israel, Camp David, University of Richmond, Arab Center Washington, Jerusalem Institute for Strategy, Security, Shalem College, Bar, Ilan University, Sadat Center, Strategic Studies, Israel’s National Security, Princeton University’s School of Public and International Affairs, Hebrew University of Jerusalem, Institute for, Princeton, Israel Academy of Sciences, Humanities, Van Leer Jerusalem Institute, Palestinian Center, Policy, Research, Crown Center for Middle East Studies, Brandeis University, Gaza, Hebrew University, Haifa University, Human, The New York Times Magazine, Mount Locations: Israel, Jordan, Gaza, Egypt, Jerusalem, Zion, Munich, Tunisia, Oslo, American, Oslo Gaza, Palestine, Madrid, Kuwait, United States, Soviet, Lebanon, Syria, Jordanian, America, Washington, U.S, Hosni Mubarak of Egypt, U.N, Independence, Palestinian, Sudan, Libya, Yemen, Iraq, Rafah, Hebron, Ibrahimi, West Bank, Judea, Samaria, Yehuda, Camp David, Jenin, Haram, Al Aqsa, Khan, Kfar Aza, Khan Younis, Ahmad, Old, Ireland, Bosnia, Tel Aviv, Iran, Athens, El, Camp, Israeli, Van Leer, Ramallah

[1/4] Harley-Davidson motorcycles are seen at a dealership in Queens, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCompanies Harley-Davidson Inc FollowOct 26 (Reuters) - Harley-Davidson Inc (HOG.N) on Thursday reported a 24% fall in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures. Harley has maintained margin growth through its wealthier customer base, but hasn't been as successful in luring younger riders. Sales from motorcycles and related products fell about 9% to $1.30 billion in the quarter ended Sept. 30. Earnings per share tracked by analysts came in at $1.38 per share in the third-quarter, slightly above expectations of $1.36.

Persons: Harley, Davidson, Andrew Kelly, hasn't, Baird, Kannaki, Bianca Flowers, Sriraj Kalluvila Organizations: REUTERS, Davidson, Harley, Polaris Inc, Global, Thomson Locations: Queens , New York City, U.S, North America, Bengaluru, Chicago

Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. Delta's new Sky Club at New York's John F. Kennedy International Airport Benji Stawski / CNBCDelta Air Lines Sky Club lounges — and the credit cards that grant entry to them — became so popular that customers complained about the long lines and crowds at many locations. More spaceDelta, United Airlines and American Airlines are racing to build more lounges and spaces and larger ones to fit high demand. The carrier separately operates a network of Polaris lounges for travelers booked in its highest cabin class, usually on long-haul international routes. United Airlines Polaris lounge at Newark Liberty International Airport.

Persons: John F, Benji Stawski, —, Delta, Allison Ausband, Leslie Josephs Organizations: Sky Club, New, Kennedy International, CNBC Delta Air Lines Sky, —, CNBC, John, Delta, United Airlines, American Airlines, Denver International Airport, Polaris, United Airlines Polaris, Newark Liberty International Airport Locations: U.S, New York, Delta

☆ Ukraine claims to have invented an 'invisibility cloak' to help its snipers and specialists evade detection from Russian troops
▼ + stars: | 2023-10-08 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Ukraine said it invented an "invisibility cloak" to help soldiers evade detection from thermal-imaging devices. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementUkraine claims to have invented an "invisibility cloak" to help its soldiers evade detection by Russian thermal-imaging cameras and drones. It will help our soldiers work effectively during the night," Fedorov wrote in an X, formerly known as Twitter, post. AdvertisementAdvertisementIt is not clear how or if the new Ukrainian jacket differs in any way.

Persons: —, Mykhailo Fedorov, Fedorov, Maxim Boryak, Boryak Organizations: Newsweek, Service, Russian, Digital Transformation, Twitter, NATO, Kyiv Post, Israeli Ministry of Defense, Polaris Solutions Locations: Ukraine, Ukrainian, Afghanistan, Israel

☆ Citi sees a rally ahead for this maker of personal watercraft as it gains powersports market share
▼ + stars: | 2023-09-12 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Sporting equipment company Bombardier Recreational Products is the best bet in the outdoor powersports space, according to Citi. Analyst James Hardiman upgraded the stock to buy from neutral on Tuesday and raised his price target by $17 to $128. The firm's new target suggests shares stand to gain nearly 28% from Monday's closing price of about $100. Shares of Polaris are trading 6% higher this year, but the stock has similarly faced steep losses this quarter of about 11.5%. Hardiman lowered his price target on the stock to $110, implying 3.2% upside from its latest close.

Persons: James Hardiman, Hardiman, — CNBC's Michael Bloom Organizations: Sporting, Bombardier Recreational Products, Citi, Polaris, BRP Locations: North America

☆ Poland's CD Projekt happy with pre-orders for Phantom Liberty
▼ + stars: | 2023-08-30 | by ( Adrianna Ebert | ) www.reuters.com time to read: +2 min

Kicinski added that the quality assurance process is almost complete for Phantom Liberty, which is the studio's first major new game release in nearly three years. The game is the first and only expansion to Cyberpunk 2077, which came out in 2020, and the company started the marketing campaign for Phantom Liberty in June. Member of the management board Michal Nowakowski reiterated on the conference call that Phantom Liberty will be the only expansion to Cyberpunk 2077. Phantom Liberty is the last project developed on REDEngine. At the end of July, its biggest developer group, about 300 people, worked on Phantom Liberty.

Persons: Adam Kicinski, Kicinski, Michal Nowakowski, we've, We're, Adrianna Ebert, Patrycja, Tomasz Janowski, Josie Kao, Cynthia Osterman Organizations: Phantom Liberty, Liberty, Polaris, Thomson Locations: GDANSK

☆ John Keilman — Reporter at The Wall Street Journal
▼ + stars: | 2023-08-27 | by ( John Keilman | ) www.wsj.com time to read: 1 min

John KeilmanJohn Keilman covers U.S. manufacturing from The Wall Street Journal’s Chicago bureau. He writes about large global companies, including 3M, Polaris and PPG, as well as small business, labor and industry trends. John joined the Journal after working at the Chicago Tribune, the Dayton Daily News and other news organizations.

Persons: John Keilman John Keilman, John Organizations: 3M, Polaris, Chicago Tribune, Dayton Daily News Locations: Chicago

☆ Macy's to open four more smaller stores, as strip mall experiment shows early signs of success
▼ + stars: | 2023-08-22 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

On a call with CNBC on Tuesday, CEO Jeff Gennette said Macy's smaller stores outperformed the company in the most recent quarter. Macy's already opened 10 similar stores to test the new concept. Some are called Market by Macy's, a mini version of the Macy's namesake stores, and others are named Bloomie's, a smaller version of upscale department store Bloomingdale's. watch nowWith the four new locations, Macy's will test a fresh approach: Calling them by just its name, Macy's. Two new store concepts by Macy's: Market by Macy's and Bloomie's.

Persons: Macy's, Jeff Gennette, Gennette, Melissa Repko Organizations: Herald, View Press, CNBC, Polaris, Macy's Locations: New York City, Boston, Las Vegas, San Diego, Indiana, Dallas, Fort Worth, Texas, Seattle

☆ I flew 20 hours from Australia to the US in United Airline's Polaris business class. The flight was a game changer and I'll definitely be flying it again — here's why.
▼ + stars: | 2023-08-19 | by ( Rachel Dube | ) www.businessinsider.com time to read: +7 min

Rachel Dube took a 20-hour flight with United Polaris business class. Dube says the flight went very quickly and she would fly United's Polaris business class again. A Polaris Business class seat. I found that it was a game-changer during the twenty hours spent flyingThis wasn't my first time flying United Polaris business class, but I found it helped me combat jet lag. Overall, I loved the space, comfort, and service onboard United's Polaris business class and I will definitely be flying it again.

Persons: Rachel Dube, Dube, I've, I'm, I, I'd, Sunday Riley, Riley toiletries, Rachel Organizations: United Polaris, Polaris, Morning, Newark Liberty International, United Airlines, United, Boeing, Brisbane International Airport, Air New Zealand, Star Alliance, Saks, Sunday, luxe, tote Locations: New Jersey, Brisbane, Australia, Europe, BNE, San Francisco, Newark

☆ Check out the 12-slide pitch deck marketing tech company Simon Data used to raise $54 million in fresh funds
▼ + stars: | 2023-08-16 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +2 min

Martech company Simon Data raised a $54 million Series D round this month. Marketing technology company Simon Data raised $54 million in fresh funds earlier this month as it plans to bolster its research and development division. The problem isn't collecting data — it's enabling data for business stakeholders to access it," said Simon Data cofounder and CEO Jason Davis. He said Simon Data was likely to grow somewhere between 45% and 50% this year. The Simon Data Series D round was led by Australian financial group Macquarie Capital with participation from existing investors, including Polaris, .406, and F-Prime.

Persons: Simon Data, Simon, Jason Davis, Davis Organizations: Macquarie Capital, Marketing, The, JetBlue, Bombas, Australian, Polaris Locations: The New York

Just as important will be persuading people like Mr. Marohn that electric cars, renewable energy and electric heaters and stoves are practical, economical and exciting. Many, conservatives in particular, chafe at the prospect of the government forcing them to buy electric cars or ditch their natural gas appliances, polls show. By The New York TimesA clean energy future will require painstaking and individually tailored persuasion campaigns. “Even if some of them deny the science of climate change, they can’t deny good-paying jobs,” he said. “I just want to change the perception that electric cars are not as good as big, noisy muscle cars,” Mr. Lawson said.

Persons: Mikey Marohn, “, ”, Marohn, Alicia Cox, Cox, , chafe, Jesus, Ms, ” “, Jae Landreth, “ That’s, “ Nobody’s, Mr, Landreth, Phil Collins, Rob Leach, Leach, ‘, “ I’ve, Jack Conness, Biden, Jennifer Granholm, Granholm, Vladimir V, Putin, Sue Burns, Burns, Marjorie Taylor Greene, William Turner, didn’t “, Jason Walsh, Walsh, Tia Williams, Ms . Granholm, ” Ms, Williams, Joe Wilson, ” “ Didn’t, Roy Cooper of, Cooper, Patrick Lawson, Ford, Lawson, Lawson’s, Susan Lawson, Cheryl, Tesla, They’re, Kent Wheeler, “ It’s, ’, Josh Hermes, Paul Rosenzweig, Rosenzweig, Mary T, Barra, ” Kenneth Boswell, Quinton Lucas, Lucas, ” Mr Organizations: Clean, Biden, General Motors, nonbelievers, Republican, Pew, The New York Times, Pew Research Center, Toyota, Clean Energy Manufacturing, Energy Innovation, Trump, Trump Biden, Savings, Yale, Pontiac, BlueGreen Alliance, Democratic, Georgia Institute of Technology, Mr, Republicans, Flex, Gov, Northern Arapaho Tribe, Tesla, Rocky Mountain Rebels, Elks, Wild West EV, Polaris, Northern Arapaho, Chevy Silverado, Mercedes, Benz, Alabama Department of Economic and Community Affairs, Kansas City, Fire Department Locations: Teton, Wyoming, Yellowstone, Baldwin City, Kan, Kansas City, G.O.P, Counties, Russia, Memphis, South Carolina, Georgia, Tennessee, Murfreesboro, Tenn, Dalton, Ga, Roy Cooper of North Carolina, Riverton, Jackson, Minnesota, Louisiana, Alabama, Missouri, Quinton Lucas , Kansas, Kansas

☆ US factory orders jump in June on transportation equipment demand
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dan KoeckWASHINGTON, Aug 3 (Reuters) - New orders for U.S.-made goods surged in June, boosted by strong demand for transportation equipment and other goods, showing some pockets of strength in manufacturing despite higher interest rates. Factory orders increased 2.3% after rising 0.4% in May, the Commerce Department said on Thursday. Orders for transportation equipment jumped 12.0% in June after rising 4.2% in the prior month. The inventory of manufactured goods was unchanged. Business spending on equipment rebounded strongly in the second quarter after contracting for two straight quarters.

Persons: Dan Koeck WASHINGTON, Lucia Mutikani, Paul Simao Organizations: Polaris, REUTERS, U.S, Commerce Department, Reuters, Federal Reserve, Institute for Supply Management, PMI, Civilian, Thomson Locations: Roseau , Minnesota, U.S

☆ A Time Capsule of Human Creativity, Stored in the Sky
▼ + stars: | 2023-07-27 | by ( J. D. Biersdorfer | More About J. D. Biersdorfer | ) www.nytimes.com time to read: +1 min

Later this year, the Lunar Codex — a vast multimedia archive telling a story of the world’s people through creative arts — will start heading for permanent installation on the moon aboard a series of unmanned rockets. The Lunar Codex is a digitized (or miniaturized) collection of contemporary art, poetry, magazines, music, film, podcasts and books by 30,000 artists, writers, musicians and filmmakers in 157 countries. It’s the brainchild of Samuel Peralta, a semiretired physicist and author in Canada with a love of the arts and sciences. Some works were commissioned for the project, including “The Polaris Trilogy: Poems for the Moon,” a collection of poetry from every continent, including Antarctica. He has also accepted works submitted by individual artists.

Persons: “, ”, Wes Anderson’s, Samuel Peralta, Ayana Ross, Pauline Aubey, Alex Colville, Peralta Locations: Asteroid, Canada, Ukraine, Antarctica, Toronto

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