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☆ Zendaya stunned twice at the 2024 Met Gala
▼ + stars: | 2024-05-07 | by ( Kristen Rogers | Scottie Andrew | ) edition.cnn.com time to read: +2 min

CNN —For Zendaya’s highly anticipated return to the Met Gala, she and longtime stylist Law Roach gave us more than we could have asked for. Returning to the Met Gala after five years of absence — and this time as an event co-chair — the “Challengers” star stepped out in custom Maison Margiela by John Galliano, referencing a haute couture look he created at Christian Dior in 1999. Zendaya's first gown at the 2024 Met Gala was this elaborate custom Maison Margiela by John Galliano piece. Angela Weiss/AFP/Getty ImagesA model wearing a Galliano for Christian Dior gown at the Dior Spring - Summer 1999 haute couture show. Zendaya, with the help of self-proclaimed “image architect” Law Roach, has long been known for her Met Gala looks.

Persons: Law Roach, John Galliano, Christian Dior, milliner Stephen Jones, Zendaya's, Angela Weiss, Galliano, Pierre Vauthey, Zendaya, Givenchy, et Cie, The New York Times —, ” Lily et, Rita Watnick, ‘, ’ ” Zendaya, Roach, Philip Treacy, Alexander McQueen, ” Law Roach, Tommy Hilfiger Organizations: CNN, Christian, Getty, Dior, Beverly Hills, The New York Times, Givenchy, New York Times

☆ London Fashion Week: Highlights from the Fall-Winter 2024 runways
▼ + stars: | 2024-02-21 | by ( Fiona Sinclair Scott | Leah Dolan | ) edition.cnn.com time to read: +10 min

Ben BroomfieldFaux furFleecy, fuzzy or fine: Faux fur was a key textile on the London runways. Ben Broomfield/Ben Broomfield @photobenphotoRobyn Lynch gave the white anorak a romantic silhouette during her Fall-Winter 2024 show. Maja SmiejkowskaStaged in a Gothic Revival church in East London, Dilara Findikoglu's show was a twisted fantasy. Dilara FindikogluSinead O'Dwyer, whose collection was inspired by a not-so-appropriate take on office wear, led the charge on diverse casting this season. Chris YatesModel on the runway at Molly Goddard RTW Fall 2024 as part of London Ready to Wear Fashion Week held at the Cecil Sharp House on February 17, 2024 in London, England.

Persons: scrappy, Vivienne Westwood, Alexander McQueen, John Galliano, Jonathon Ferris, John Malkovich, Maximilian Raynor’s, Harris Reed, Victoriana, — Conner Ives, Sinead Gorey —, Ives, Gorey, Maria Callas —, JW Anderson, Jonathan Anderson, ”, Amy Winehouse’s, Lily Cole, Agyness Deyn, Edward Crutchley, Stephen Jones ’ millinery, Molly Goddard’s, ” Goddard, ” Molly Goddard, Ben Broomfield, Broomfield, Simone Rocha, Jean Paul Gaultier, Queen Victoria, Conner Ives, Precious Lee, Sinead Gorey, Johanna Parv, Parv, Daniel Lee, moleskin, Henry Nicholls, Robyn Lynch, Lynch upcycled outerwear, Ben Broomfield @photobenphoto Robyn Lynch, Chris Yates, Naomi Campell, Joe Maher, Daniel Lee's, Filippo Fior, Burberry Erdem, Giovanni Giannoni, Jason Lloyd Evans, Jason Lloyd Evans Harris, Marc Hibbert Jonathan Anderson's, JW Anderson “, ” Anderson, ” JW Anderson, Ben Broomfield Sinead Gorey, Eamonn M . McCormack, Aldama Precious Lee, Maja Smiejkowska, Dilara, Dilara Findikoglu Sinead O'Dwyer, Chris Yates Lottie Moss, Kate Moss's, Sinead O'Dwyer, Molly Goddard RTW, Cecil Sharp, Aitor Rosas Sune, WWD, Rosas Sune, Molly Goddard's frilly, Ahluwalia Organizations: London CNN, Central Saint Martins, Tate, JW, Fashion, Burberry, British Vogue, Jean Paul Gaultier couture, Getty, ., Company, British Museum, Getty Images Locations: London, Tate Britain, East London’s, Paris, AFP, Irish, East London, England, Nigeria

☆ Warren Buffett's advice for college students looking for a career: Don't focus on the money.
▼ + stars: | 2023-11-28 | by ( Stephen Jones | Aaron Mok | ) www.businessinsider.com time to read: +3 min

Buffett recently has given college kids advice for finding a job when they graduate from college. As for Munger, who died at 99, he previously said a key lesson to life is cutting out toxic people. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWarren Buffett, the billionaire investor, has had some advice for college students who want a fulfilling career: Don't think about the money. AdvertisementBuffett started his first investing class 70 years ago and continued to work with students of all ages until 2018, he said in his letter.

Persons: Charlie Munger, Warren Buffett's, Buffett, Munger, —, Warren Buffett, Berkshire Hathaway, he's, I've Organizations: Service, Apple, - Cola Company, BNSF Railway, University of Nebraska, Berkshire Hathaway Locations: Berkshire, Lincoln, Omaha

A pedestrian looks at his phone as he walks past a logo for Australia's Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray/File Photo Acquire Licensing RightsSYDNEY, Nov 20 (Reuters) - Westpac Banking Corp (WBC.AX), Australia's third largest bank by market capitalisation, said on Monday it would raise A$750 million ($488.1 million) in an Additional Tier 1 (AT1) capital transaction. The AT1 bonds are used by banks to stabilise cashflow in periods of stress, according to APRA. Under that deal, holders of Credit Suisse AT1 bonds received nothing, while shareholders, who usually rank below bondholders in terms of who gets paid when a bank or company collapses, received $3.23 billion. ($1 = 1.5366 Australian dollars)Reporting by Scott Murdoch in Sydney; Editing by Muralikumar Anantharaman and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: David Gray, Stephen Jones, Scott Murdoch, Muralikumar Anantharaman, Stephen Coates Organizations: Australia's Westpac Banking Corp, REUTERS, Rights, Westpac Banking Corp, Westpac, prudential, Credit Suisse, APRA, Credit Suisse AT1s, Commonwealth Bank, Credit, Thomson Locations: Sydney, Australia

☆ Fountains of diamonds erupt from the ground when continents break up, say scientists — and it could help uncover new deposits
▼ + stars: | 2023-08-21 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

These eruptions have baffled scientists as they happen more often after continents break up. "The pattern of diamond eruptions is cyclical, mimicking the rhythm of the supercontinents, which assemble and break up in a repeated pattern over time," Gernon said. In fact, scientists found that most kimberlite volcanoes occurred 20 to 30 million years after the tectonic breakup of Earth's continents. But instead, it tends to appear in "a sweet spot in the interior of continents where diamonds form," Gernon said. Sergei Karpukhin/ReutersThe scientists say having uncovered this chain reaction could help discover diamond deposits in the future.

Persons: Tom Ger, Gernon, Stephen Jones, Jones, Sergei Karpukhin, he'll Organizations: Service, University of Southampton, Guardian, Reuters, University of Birmingham, Nature Locations: Wall, Silicon, kimberlite, Russia

☆ A budget Canadian airline had 4 of its planes repossessed. Its CEO is blaming a conspiracy.
▼ + stars: | 2023-05-25 | by ( Bianca Giacobone | Taylor Rains | ) www.businessinsider.com time to read: +7 min

In March, lessor Airborne confiscated four of Flair Airlines' planes because of late payments. A low-cost Canadian upstart airline had four of its planes repossessed by New York-based aircraft lessor Airborne Capital on March 11, forcing the carrier to cancel multiple flights and leaving a trail of disgruntled passengers behind. Flair Airlines CEO Stephen Jones blamed "behind the scenes" scheming between the airline's competitors and Airborne Capital for the repossession of four of Flair's Boeing 737 planes. It's not the first time Flair has clashed with other Canadian airlines. US investment firm 777 Partners owns a 25% stake in Flair Airlines, which was cause for concern for the CTA.

Persons: Stephen Jones, Flair, We've, Jones, — Flair, It's, —, Tim Donovan, Donovan, Prince Edward Island Organizations: Airborne, Flair Airlines, Flair, Morning, Capital, Airborne Capital, Boeing, The Canadian Press, Air Canada, BOC Aviation, Financial, Ontario Superior Court of Justice, National Airlines Council of Canada, Canadian Transportation Agency, Partners, CTA, National Airlines Council, Easter, Airways Magazine, Bonza Airlines, Dominican Republic Locations: New York, North America, Canada, Titusville , New Brunswick, Toronto, Saint John , New Brunswick, Charlottetown, Ottawa, Montreal, Florida, Dominican

☆ Australia says PwC leak of government tax documents may be referred to police
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, May 22 (Reuters) - Australia said on Monday the government will take further steps in response to the leak of government tax plans by accounting firm PricewaterhouseCoopers (PwC) and that the matter could be referred to the Australian Federal Police. PwC Australia's CEO stepped down this month and the firm has said it is "committed to learning for our mistakes". "I think the PwC experience has been deeply, deeply troubling and we've already taken some steps but we will be taking further steps," Treasurer Jim Chalmers also told ABC Radio in an interview on Monday. "I will have more to say about how we crack down on this behaviour, which is inexcusable, frankly," he said. PwC said this month that former Telstra and Optus CEO Ziggy Switkowski will lead an independent review into the leak and will report his findings and recommendations in September.

☆ Australia to regulate buy-now-pay-later sector
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 22 (Reuters) - The Australian government said on Monday it would introduce laws that will consider buy-now-pay-later (BNPL) services as a credit product in a bid to protect consumers in a largely unregulated industry. "Best way to do that is to legislate, to regulate as a credit product, so that we can manage some of the risks." But concerns about repayment have been rising as Australia battles high inflation, which now sits at near 30-year highs. Australia, home to about a dozen listed BNPL providers, has about 7 million active accounts that resulted in A$16 billion ($10.9 billion) of transactions in 2021-22, up 37%, data showed. ($1 = 1.4743 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

☆ WestJet union seeks to narrow pay gap between Canada and U.S. pilots as strike looms
▼ + stars: | 2023-05-16 | by ( Allison Lampert | ) www.reuters.com time to read: +2 min

Pilots at Onex Corp-owned (ONEX.TO) WestJet gave notice on Monday that could allow for strike action as early as May 19, raising fears of travel disruptions during Canada's Victoria Day holiday weekend. Pay is still the outlier," said Bernard Lewall, a union representative with the Air Line Pilots Association (ALPA). "We need to narrow that gap between the North American carriers and WestJet," he said on Tuesday in an interview. Lewall declined to give a specific wage target, but said the airline must pay more to retain pilots. "We hope this measure will help WestJet passengers who otherwise could not travel due to the pilots’ strike,” said Flair CEO Stephen Jones.

☆ Australia would not allow AT1 debt security holder wipe-out -minister
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, March 28 (Reuters) - Australian law would not allow regulators to wipe out AT1 tier credit holders while shareholders received some compensation as occurred during the Swiss government-brokered takeover of Credit Suisse by UBS, the assistant treasurer said on Tuesday. It's an entirely different set of circumstances here in Australia," Assistant Treasurer Stephen Jones told the Australian Financial Review Banking Summit in Sydney. Swiss regulators wrote down 16 billion Swiss francs ($17.5 billion) of Credit Suisse (CSGN.S) bonds, known as Additional Tier 1 or AT1 debt, to zero as part of a forced rescue merger with UBS (UBSG.S). Under the deal, holders of Credit Suisse AT1 bonds received nothing, while shareholders, who usually rank below bondholders in terms of who gets paid when a bank or company collapses, will receive $3.23 billion. AT1 bonds - a $275 billion sector also known as "contingent convertibles" or "CoCo" bonds - act as shock absorbers if a bank's capital levels fall below a certain threshold.

☆ Australia plans to limit early access to retirement funds, cut tax breaks
▼ + stars: | 2023-02-23 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

SYDNEY, Feb 23 (Reuters) - Australia's centre-left government said on Thursday it would push ahead with plans to change superannuation rules, including restricting early access to funds until retirement and limiting tax breaks for high-earners. Jones said restricting early access to funds is "fundamental" as it supported retirement incomes. Federal Treasurer Jim Chalmers estimates tax breaks on superannuation will cost the budget more than pension by 2050. Shadow Treasurer Angus Taylor told Sky News the savings of Australians were "not a piggy bank for the government to tax and spend." The chief of Australia's biggest pension fund, AustralianSuper, in November warned against government efforts to tap into retirement savings worldwide.

☆ PayPal tells Australia it supports buy-now-pay-later regulation
▼ + stars: | 2023-02-16 | by ( Byron Kaye | ) www.reuters.com time to read: +3 min

SYDNEY, Feb 16 (Reuters) - Payments giant PayPal Holdings Inc (PYPL.O) wants buy-now-pay-later (BNPL) loans subjected to consumer protection law, it said in a submission to the Australian government, adding a powerful voice from inside the sector calling for regulation. Many other companies which sell BNPL loans said in submissions that they supported minimal or self-regulation. BNPL companies attract shoppers by charging no interest and make money from retailer fees. The company saw "merit in further consideration of the development of a bespoke BNPL credit reporting framework" without the full "costs typically associated with engaging in the credit reporting regime". The government has said it wants BNPL regulation in place in 2023.

☆ How Gerry Cardinale became the go-to dealmaker for the likes of the Yankees, AC Milan, and Ben Affleck
▼ + stars: | 2022-12-29 | by ( Hayley Cuccinello | Dakin Campbell | ) www.businessinsider.com time to read: +20 min

He bought the soccer club AC Milan in August, earning the attention of the Italian press. This past spring, AC Milan won its first national title in 11 years. Claudio Villa/AC Milan via Getty Images Show less Cardinale at a training session for AC Milan. For instance, the teams sell each other's merchandise in their stadiums, and the YES Network airs AC Milan games. "Now we have a new phase of expansion and internationalization of AC Milan with Gerry."

☆ Australia says law making Facebook and Google pay for news has worked
▼ + stars: | 2022-12-02 | by ( Byron Kaye | ) www.reuters.com time to read: +2 min

SYDNEY, Dec 2 (Reuters) - An Australian law giving the government power to make internet giants Facebook owner Meta Platforms (META.O) and Alphabet Inc's (GOOGL.O) Google negotiate content supply deals with media outlets has largely worked, a government report said. But the law, which took effect in March 2021 after talks with the big tech firms led to a brief shutdown of Facebook news feeds in the country, may need to be extended to other online platforms, the review said. The report mostly recommended that the government consider new methods of assessing the administration and effectiveness of the law, and did not suggest changing the law itself. "The review shows the Code has been successful balancing bargaining power between news media and digital platforms," said Assistant Treasurer Stephen Jones. "Digital platforms must continue to negotiate in good faith with news businesses to ensure they are fairly remunerated for the news content they create."

☆ British Airways change dress code to allow male pilots and cabin crew to wear makeup, nail varnish, and sport piercings
▼ + stars: | 2022-11-13 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +2 min

British Airways have changed its guidelines to allow all staff to wear makeup during flights. Its staff, regardless of gender, can wear "subtle shades" of nail polish, makeup, and sports piercings. In a statement to Insider, a spokesperson for British Airways said: "We are proud of all of our colleagues at British Airways and we are committed to an inclusive working environment." British Airways are not the first airline to introduce a more inclusive dress code. In 2019, the airline became the first major, full international airline to drop its requirement for female aircrew to wear makeup.

☆ An airline CEO says that airports were to blame for the summer travel chaos because they were not ready to welcome passengers
▼ + stars: | 2022-11-08 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Airports are to blame for flight cancellations and delays this summer, an airline CEO said. Icelandair's CEO told Insider that some airports were not ready to welcome passengers. The CEO of transatlantic airline Icelandair told Insider that he believed the blame for the disruption rested with airports. "Some airports were not ready to welcome passengers," Bogi Nils Bogason said. Despite the challenges this summer, Bogason said he "firmly believes" that the industry should be back to normal, pre-COVID-19 levels, by next summer.

☆ Australia aims to cut tax breaks for pension funds of the super rich
▼ + stars: | 2022-11-07 | by ( Praveen Menon | Tetsushi Kajimoto | ) www.reuters.com time to read: +2 min

Prime Minister Anthony Albanese's Labor government, which came to power in May, aims to debate the curtailment of tax concessions once it legislates on the future of superannuation -or retirement funds. Curtailment of tax concessions paid to people with multi-million-dollar superannuation accounts would raise billions of much-needed dollars annually for the government. "We have 32 self-managed super funds with more than $100 million in assets - the largest self-managed super fund has over $400 million in assets," Assistant Treasurer and Minister for Financial Services Stephen Jones said at the AFR Super & Wealth Summit in Sydney. Jones said providing a clear objective for super funds will enable the sector to identify opportunities where the national interest and member interests align. The government last month said it had discussions with super funds to look at investing in affordable housing projects, to help fix a housing crisis.

☆ A petition calling for a sanctioned Russian oligarch's superyacht to be used as a hotel for Ukrainian refugees has gained almost 30,000 signatures
▼ + stars: | 2022-11-07 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

A petition is calling for a seized superyacht to become a hotel for Ukrainian refugees. A retired engineer set up the petition to reuse Amore Vero, which is linked to oligarch Igor Sechin. The 80-foot Amore Vero was seized by French authorities in March and is being held in the port of La Ciotat, east of the city of Marseille on France's southern coast. The owner of the Amore Vero is not publicly known, although it has been heavily linked to Igor Sechin, chief executive of the Russian oil giant PJSC Rosneft. In September, officials in Gibraltar completed the first sale of a seized superyacht since the beginning of the war.

☆ Boeing's new Air Force One jets are so late that the old ones may need to keep flying until 2028, costing taxpayers $340 million: report
▼ + stars: | 2022-11-04 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Boeing's new Air Force One build is so behind schedule that taxpayers face a $340 million hit. The Air Force said the existing 747 jets may have to keep flying until 2028, per the WSJ. In July, the Air Force said that it didn't expect the first plane— which uses the call sign Air Force One when the President is aboard — to be ready until September 2027, per CNN. The Air Force said the delays could keep them flying as late as the 2028 presidential election, per the Journal. The existing planes cost $70 million more to operate each year than their replacements, according to the Journal.

☆ Some Dodge and Chrysler drivers have been told not to drive their cars after faulty airbags caused three deaths in 7 months
▼ + stars: | 2022-11-04 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Stellantis has issued a 'Do Not Drive' warning on around 276,000 vehicles, the NHTSA announced. The issue relates to a fault with Takata airbags, which can cause them to explode. Over 67 million vehicles fitted with Takata airbags have been subject to recalls over the last decade, per The NHTSA's website. Ford began replacing airbags in 2.6 million vehicles in April 2021. "Left unrepaired, recalled Takata air bags are increasingly dangerous as the risk of an explosion rises as vehicles age.

☆ Passengers were left stranded at an airport after they were sold tickets for a flight that didn't exist, reports say
▼ + stars: | 2022-11-03 | by ( Stephen Jones | ) www.businessinsider.com time to read: +2 min

Passengers were able to buy tickets for a flight that didn't exist due to a ticketing mixup. They were told at the airport that the airline had stopped serving the route, per the Times of India. Despite having valid Passenger Name Record (PNR) numbers that should have enabled them to check in for the flight, airport staff refused to let the travelers board. However, passengers were still able to purchase tickets through third-party ticket website Happyfares up until at least October 27, per TOI. After finding out about their flight, some passengers had to pay double for a spot ticket, per the Times of India.

☆ VW unveiled a fully autonomous EV concept that lets passengers sleep horizontally — take a look at its sharpest features
▼ + stars: | 2022-10-31 | by ( Stephen Jones | ) www.businessinsider.com time to read: 1 min

"It's not only the advantage of creating more room around you and offering the ability to sleep. It's also the idea of having the advantage of not having to take care of the car," Zyciora said. The car has been designed from the "inside out" based on what passengers could want, he added. Volkswagen Group

☆ London's $96 million cable car, which became an unlikely viral hit on TikTok, has been given a makeover
▼ + stars: | 2022-10-29 | by ( Stephen Jones | ) www.businessinsider.com time to read: +5 min

London's $96 million cable car system has a new look and name change. The cable car struggled to attract commuters but has proved a hit on TikTok. The transport system's rebrand was unveiled at a recent event as IFS Cloud Cable Car. While the cable car has struggled to attract commuters it has proved to be a popular hit on social media during that time. According to TfL's figures, about 15 million people have used the cable car in the decade since it opened.

☆ Boeing Has Lost Another $766 Million on Trump's Air Force One Deal
▼ + stars: | 2022-10-28 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Boeing lost $766 million in Q3 on the project to build Air Force One aircraft. Boeing bears the cost of any delays under a deal struck with the Trump administration. At the time Boeing said it had lost a total of $1.14 billion, including a further $660 million in the first quarter, on the planes, per an SEC filing. However, DefenseOne estimates that the total costs could be above $5.3 billion, citing Air Force officials and Pentagon budget documents. On Wednesday's call, Brian West, Boeing's chief financial officer, said that labor stability had been "magnified" on the Air Force One project and another project to build KC-46A Tankers due to the fact that workers need security clearances.

☆ Ford CEO puts the brakes on the company's plan for fully autonomous cars, saying there's a long way to go before it can develop them at scale
▼ + stars: | 2022-10-27 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Ford is shifting its priorities away from developing fully autonomous cars. CEO Jim Farley said development of the vehicles at scale was "a long way off." The shift means that Ford is closing down Argo AI, a robo-taxi startup it jointly backed with VW. "Profitable, fully autonomous vehicles at scale are a long way off," CEO Jim Farley said, in a statement published alongside the automaker's third-quarter earnings, Wednesday. A vehicle with Level 4 ADAS capability is considered to be fully autonomous and can navigate most road situations without the need for human assistance.

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