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Significantly less clear, though, is how much the NRA can help Trump’s bid to win the White House once again. “Donald Trump is winning no new voters when he boasts about doing nothing about gun violence during his presidency. Period,” said Nick Suplina, a senior vice president at Everytown for Gun Safety, a group founded in the aftermath of the 2012 Sandy Hook Elementary School shooting. Suplina said Trump’s NRA appearance “shows that both the organization and the man are a bit desperate for each other. Among both gun safety advocates and gun rights groups, there’s little disagreement about the stakes in 2024.
Persons: Donald Trump, Trump, Wayne LaPierre, It’s, , “ It’s, I’ve, ” Trump, Kristi Noem, Donald Trump Jr, Joe Biden’s, Bryan Lanza, “ Donald Trump, ” Lanza, , Biden, Nick Suplina, Sandy, Suplina, Aidan Johnston, Johnston, ” Suplina, ” Biden, Karoline Leavitt, CNN’s Kristen Holmes, Alayna Treene Organizations: Dallas CNN —, National Rifle Association, NRA, White House, New, Political, Mar, CNN, North Dakota Gov, Libertarian Party, Republican, Trump, Biden, Safety, Sandy Hook Elementary, Gun Owners of America, White, U.S Locations: New York, Manhattan, Jersey, Washington ,, Minnesota, United States, Wyoming, Pennsylvania, Parkland , Florida
Cohen’s testimony is set to be the critical moment of the hush money trial that could make Trump the first ex-president to be convicted of a crime. He has talked extensively about his desire to see President Trump go to prison. He has talked extensively about his desire to see President Trump’s family go to prison. He has talked extensively about President Trump getting convicted in this case,” Blanche said. While the hush money trial harks back to the 2016 election, its end game could play a significant role in the destiny of the White House eight years later.
Persons: CNN — Michael Cohen, Donald Trump’s “, Trump, Stormy Daniels, , Cohen, Daniels, ” Cohen, , Matthew Colangelo, “ Cohen, , ” Colangelo, Anthony Scaramucci, Donald Trump, Michael Cohen, CNN’s Jake Tapper, Todd Blanche, Trump’s, ” Blanche, John Dean, Roy Cohn, He’s, Judge Juan Merchan, Fani Willis, Joe Biden, he’s Organizations: CNN, Trump, Republican, Trump Organization, House, Nixon White, “ CNN, Mr, Fulton, White House, GOP Locations: Russia, New York, Florida, Fulton County
However, the taxes can be complicated, depending on the type of stock options. But even with an initial discount, there's no guarantee a company's stock price won't decrease after exercising a stock option. Restricted stock units are 'like a cash bonus'Another benefit, restricted stock units, or RSUs, are company shares granted upon hiring, which vest over time. "We like to establish a target of what they like to hold in company stock," said Garasic, who aims to keep allocations of a single stock to 10% or less. Employee stock purchase plans offer ‘free money’Many publicly traded companies may also offer discounted company shares via an employee stock purchase plan, or ESPP.
Persons: Bruce Brumberg, Ransom, Cooper, Matthew Garasic, vesting, Garasic, there's, Kristin McKenna Organizations: LanaStock, Getty, Zenith Wealth Partners, National Association of Stock Plan, Management, Darrow Wealth, Darrow Wealth Management, CNBC Locations: Pittsburgh, Boston
But the city's downtown has one of the most stunning urban reinvention stories in the United States. Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record. AdvertisementLast week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL Draft. NFL fans near the draft stage at Campus Martius Park in downtown Detroit on April 27, 2024. Downtown Detroit has an abundance of towering, historic buildings that are perfect for office-to-housing conversions and office renovations that have taken hold in downtowns across the country.
Persons: , Ryan Kang, Spencer Platt, Gen Zs, it's, Dan Gilbert Organizations: Downtown, NFL, Service, Detroit, Nashville, Martius, Renaissance, Miami, General Motors, Getty, Rocket Mortgage, Quicken, GM, Renaissance Center Locations: Detroit, United States, Downtown Detroit, Hudson's Detroit, downtowns
Here are three of those habits you can start right away that can put you on a path toward building wealth. You don't need to track every single dollar you spend or make major cuts to your discretionary spending to get started. Nevertheless, to make your money work for you, you need a basic understanding of what you're spending it on. "Start small [by] tracking just a few key areas: food, entertainment, gas, and clothes." To prepare for unexpected expenses big and small, start setting aside emergency savings.
Persons: Chelsea Ransom, Cooper, Billy Hatton, Nathan Mueller, , Will Kellar Organizations: Zenith Wealth Partners, CNBC, Human Investing Locations: New Jersey, Los Angeles, Colorado
Advertisement"That hindered me at points last year; people were physical with me," Clark told Haley Jones on the "Sometimes I Hoop" podcast. AdvertisementSummer 2022 "was the first summer where we actually had a full summer of training," Alexander said. Alexander told the New York Times she saw that video and told Clark: "I don't think you were running fast enough." The final piece of the puzzle for Clark or any other player, Alexander said, is their commitment to doing their "best every single day." AP Photo/Michael Conroy"I think that's really showed throughout conference play especially, but obviously earlier in the year too," Clark told Jones.
Persons: Caitlin Clark, Lindsay Alexander, , She's, Achilles, she's, Clark, Haley Jones, Alexander, Charlie Neibergall, Clark hasn't, David Berding, Iowa's, Charlie Neibergall Alexander, we're, Lisa Bluder, That's, Ronald Cortes, Michael Conroy, Jones, it's, It's Organizations: Iowa Hawkeyes, Service, Hawkeyes, Maryland Terrapins, AP, US, New York Times, Iowa State Cyclones, National Locations: Hungary
The fighting had become increasingly ferocious last month at the Zenith air-defense base a mile south of Avdiivka, where for years a company of Ukrainian soldiers had defended the southern approaches to the city. Russian troops had moved up on their flanks and were pounding them from all sides with tank, artillery and mortar fire, smashing their defenses and wounding men. “Every day we tried to repel enemy attacks,” said Senior Soldier Viktor Biliak, a 26-year-old with the 110th Mechanized Brigade, who had spent 620 days defending the base. “All the fortifications were being destroyed and there was no possibility to build new ones.”Soldiers interviewed after their retreat described an uneven four-month battle under a relentless onslaught of Russian artillery and glide bombs that destroyed buildings and broke through deep concrete bunkers. As the Ukrainians took casualties they became increasingly outnumbered by the Russians assaulting the city, who broke through at two strategic points and quickly seeded areas with fighters.
Persons: , Viktor Biliak Organizations: Zenith, 110th Mechanized Brigade Locations: Avdiivka,
"Shōgun," created by Rachel Kondo and Justin Marks, takes place at the turn of the 17th century in Japan. Hiroyuki Sanada as Yoshii Toranaga in the series premiere of "Shōgun." The Washington Post's Lili Loofbourow wrote that "Shōgun" will draw comparisons to "Game of Thrones" because it has a "proven combination of gorgeous set pieces, moral ambiguity, cliffhangers (literally, in one case!) According to critics, however, FX's "Shōgun" more effectively shifts the focus to the story's cast of Japanese characters. AdvertisementReviews praised Hiroyuki Sanada's performance as Toranaga YoshiiHiroyuki Sanada as Yoshii Toranaga in "Shōgun."
Persons: , James Clavell's, Rachel Kondo, Justin Marks, John Blackthorne, Yoshii Toranaga, Hiroyuki Sanada, Katie Yu, Alan Sepinwall, Nick Hilton, Lili Loofbourow, Loofbourow, Cosmo Jarvis, Anna Sawai, Time's Judy Berman, Mike Hale, Toda Mariko, IGN's Samantha Nelson, Sanada, Hiroyuki Sanada's, Yoshii Hiroyuki Sanada, Stone's Sepinwall, Today's Kelly Lawler, IGN's Nelson, Toranaga, Critics, IndieWire's Ben Travers, Travers, Rebecca Nicholson, Yuka Kouri, Kurt Iswarienko, Variety's Alison Herman, showrunners Marks, Jonathan van Tulleken, Helen Jarvis, Carlos Rosario Organizations: Service, Hulu, Disney, Taiko, Regents, Business, Thrones, FX, New York Times Locations: United Kingdom, Japan, Kanto, Washington, Osaka, Hulu
Of that bonus, $20.3 million, or roughly 70%, will be awarded in stock, with a remaining cash bonus portion of about $8.7 million. Solomon's freshly-announced 2023 comp puts him just behind his fellow Wall Street bosses. Everyone knows that, on Wall Street, money talks. But Wall Street is a notoriously competitive gauntlet and Solomon has yet to beat his personal 2021 record this time around. There's always next year — and it looks like Solomon will still be here to take another bite at the apple.
Persons: David Solomon, Goldman Sachs, Jamie Dimon, Morgan Stanley, James Gorman, he's, Goldman, , Solomon, Adebayo Ogunlesi, What's, There's Organizations: Service, JPMorgan Chase, Wall
CNN —Former President Donald Trump made his final pitch Thursday to the Supreme Court in his effort to pause a trial over the election subversion charges brought by special counsel Jack Smith. “There are overwhelming reasons why the case should not go to trial ‘in three months or less,’” Trump told the Supreme Court in a 16-page filing. The Supreme Court is expected to decide on Trump’s request within a few days. On Monday, Trump asked the Supreme Court to block a unanimous decision from the DC Circuit handed down last week that rejected his claims of immunity from the election subversion charges. “Without immunity from criminal prosecution, the presidency as we know it will cease to exist,” Trump told the Supreme Court.
Persons: Donald Trump, Jack Smith, ” Trump, Smith, Trump, , – Smith, ” Smith, Organizations: CNN, DC, DC Circuit, Supreme Locations: Washington ,
Famed sex and relationships therapist Esther Perel shared how to ask better questions. Esther Perel, a famed sex and relationships therapist and podcast host , told Business Insider that common first date questions like “What do you do?” and “Do you like your job?” are recipes for tedium. Ask questions that invite storiesPerel believes the best first date questions prompt the other person to tell a story — especially if it’s one they didn’t expect to tell. AdvertisementOne way to do that is to ask and answer questions that don’t make you out to be perfect. From the questions you ask to the activity you do, a date should be “a story that unfolds,” Perel said.
Persons: Esther Perel, , , Perel, ” Perel, you’ve, , you’re, she’s, Zenith Richards, prepping, I’ve, Don’t, shouldn't, there’s, “ It's Organizations: Service Locations: New York, Rio, Berlin, Amsterdam, Madrid,
Sales of luxury watches worldwide are estimated at about $30 billion this year, according to market research firm IMARC Group. A Zenith luxury watch at 2024 Watch Week in Miami. A Bulgari Serpenti Secret watch at 2024 Watch Week in Miami. A TAG Heuer luxury watch at 2024 Watch Week in Miami. A Zenith luxury watch at 2024 Watch Week in Miami.
Persons: Louis Vuitton, Bulgari, Dior, Frederic Arnault, LVMH, Bernard Arnault, CNBC Frederic Arnault, Benoit de Clerck, Jean, Christophe Babin, Babin, women's, , Diamant, Tourbillon, Julien Tornare Organizations: IMARC, TAG, Zenith, CNBC, LVMH's, Executives, CNBC LVMH, CNBC TAG, Carrera, TAG Heuer Locations: Miami, America, U.S, Swiss, LVMH
The new CNN Original Series “The Many Lives of Martha Stewart” premieres Sunday, January 28 at 9pm ET/PT. CNN —It’s rare to meet someone who’s totally indifferent to Martha Stewart. For women who remember the “Martha Stewart Living” media empire at the zenith of its influence — the 1990s — she can inspire a feeling of inadequacy. American media mogul and businesswoman Martha Stewart stands in a kitchen in August 1976. Snoop Dogg and Martha Stewart at a private table in the kitchen of Nice Guy in West Hollywood, Calif., Oct. 25, 2016.
Persons: Sarah Archer, , Martha Stewart ”, who’s, Martha Stewart, Sarah Archer Sarah Archer, she’s, Justin Bieber, Snoop Dogg, Martha, Martha I, steely perfectionism, homekeeping, Julia Child, doughty, “ Martha Stewart, Jadeite, Marc Morrone, Susan Wood, , Anna Wintour, Nice Guy, Kendrick Brinson, Dobbs, they’ve Organizations: New York Times, Vox, Washington Post, Culture, CNN, Comedy Central, Sports Illustrated, Reading, Vogue Locations: Philadelphia , PA, Japan, Las Vegas, Turkey, Nice, West Hollywood, Calif, America, California
Kess raised his price target to $47 from $36, suggesting 11% upside from Tuesday's close. His price target, cut to $276 from $311, implies roughly 10% downside from Tuesday's close. "We upgrade SUN to Buy and lift our [target price] to $65 following several cash flow accretive transactions," Dounis wrote. "The January 11th transactions drive ~25% of the target price increase; the NS Acquisition drives the remaining ~75% increase." NKLA mountain 2020-07-01 NKLA since 2020 Still, the analyst's $2 price target implies the stock could surge more than 200% from here.
Persons: Morgan Stanley, Daiwa, Jonathan Kees, Kess, — Michelle Fox, Jon Tower, Chipotle, Sarah Min, Gordon Haskett downgrades Uber, Gordon Haskett, Robert Mollins, Uber, Mollins, — Jesse Pound, Colin Bristow, Bristow, Michael Tyndall, Stellantis, Tyndall, — Sarah Min, Pierre Ferragu, Lisa Su, Ferragu, Sunoco, Spiro Dounis, Dounis, Baird, Nikola, Ben Kallo, NKLA, Kallo, it's, Jessica Reif Ehrlich, Morgan Stanley's Benjamin Swinburne, Swinburne, Goldman Sachs, Eric Sheridan, Erik Woodring, Woodring, Fred Imbert Organizations: CNBC, Big Tech, Wall Street, NewStreet Research, Verizon, Daiwa, Verizon Communications, VZ, Citi, Mexican, UBS downgrades, UBS, HSBC, AMD, Research, NuStar Energy, Zenith Energy, Energy, Netflix, Bank of America, Apple Apple, Edge, Apple Locations: Seattle, Biogen, Skyclarys, Stellantis, Europe, China
CNN —Elon Musk, who spends much of his time on futuristic endeavors, took a step into history on Monday. Like in other entities where an upsurge in antisemitic activity started making headlines, Musk was taking performative action at Auschwitz. It was an effort to appear to be taking action while doing nothing. After his visit to the death camp, Musk appeared at a conference on antisemitism in nearby Krakow, Poland. President Claudine Gay was asked in Congress if calls for genocide against Jews violate Harvard rules against bullying and harassment.
Persons: Frida Ghitis, CNN — Elon Musk, Musk, “ Hitler, , ” Musk, dumbest, George Soros “, Ted Deutch, Elders of Zion, X, , Tucker Carlson, Claudine Gay, Israel “, Israel, he’s “, Alan Garber, Garber, Derek Penslar, Penslar, Larry Summers Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, Center, Twitter, Defamation, American Jewish Committee, Elders of, Media Matters, Apple, Disney, IBM, Media, Harvard University, Harvard, Jewish, Harvard’s, Jewish Studies Locations: Auschwitz, Israel, Gaza, United States, Krakow, Poland
PARIS (AP) — Dior’s couture show at Paris' Musee Rodin wove an intricate Ottoman tapestry for spring and attracted a tapestry of stars to rival it Monday. A draped skirt embroidered with metallic Ottoman-style threads exemplified Dior’s own haute couture legacy. Above all, it served as a homage to the unsung heroes of haute couture: Dior’s legendary seamstresses. Ducrot’s installation underscored the theme of unique haute couture auras, garments that transcend fashion to reflect the wearer’s individuality. SCHIAPARELLI'S SURREAL FUSION OF HISTORY AND KINKSchiaparelli, piloted by the inventive Daniel Roseberry, inaugurated Haute Couture Week with a celebration of glamour, surrealism, and historical reverence.
Persons: Musee Rodin, Natalie Portman, Elizabeth Debicki, Ali Wong, Felicity Jones, Glenn Close, Kristin Scott Thomas, Juliette Binoche, Carla Bruni, Maria Grazia Chiuri's, Isabella Ducrot, masterfully, Daniel Roseberry, Elsa Schiaparelli, Elsa Schiaparelli’s, Roseberry, Dior, , Organizations: PARIS, Musee, Couture Locations: Paris
It has made over $80 million worldwide and proven big studio rom-coms can still find audiences. In December, he welcomed the audience at the New York City premiere to "the last romantic comedy to be made by a Hollywood studio." Its remarkable performance proves the studio rom-com is built for a comeback. SonyThe rom-com should make its move now in the wake of superhero burnout"Anyone but You" certainly isn't the first studio rom-com to find box-office glory in the last few years. So, for now, fans of the genre must wait and see if Hollywood will move forward with more romantic comedies.
Persons: , Will Gluck, Glen Powell, Sydney Sweeney, Singer, coms, Powell, Zoey Deutch, Scott Meslow, Sandra Bullock, Channing Tatum's, George Clooney, Julia Roberts, Jennifer Lawrence's, Marvel, John Fithian, Sweeney Organizations: Service, Sony, New, New York City, Hollywood, Marvel, Netflix, Sydney Opera House, Nielson, National Association of Theatre Owners, Audiences Locations: New York, Australia, Seattle, Sydney, Hollywood
The Stanley cup hype has reached new heights with its limited edition Valentine's Day drop at Target. AdvertisementStanley has just released its limited edition Valentine's Day cups — the Galentine's Day collection — and customers are stampeding Target stores to get their own. Other TikTokers captured the lines — reminiscent of Black Friday — outside several Target stores in the early morning hours before the cups were unveiled. But the chaos captured in these viral videos could also be, in part, a result of how profitable the resale market for them has become — especially for limited edition colors of its largest tumblers. Within days of its release, listings on eBay and Poshmark showed the red and pink cups going for over $100.
Persons: , Stanley, Mikayla Barber, Barber, Stanley tumbler, TikTokers, Olds, rae dunn, Rae Dunn, There's, Casey Lewis, BI's Katie Noutopoulos Organizations: Service, Business, eBay, Poshmark
Let 'em ride: Several of 2023's best-performing stocks were grossly undervalued at the beginning of the year. So while investors recognized the company could deliver massive earnings and free cash flow, they were afraid Zuckerberg had gone off the reservation. The stock sports topline growth, substantial margins, a strong balance sheet, substantial free cash flow, and a moat around its business. It's time to hedge some of those gains (or take profits): The second best-performing stock in the Russell 1000 for 2023 is Coinbase (COIN) . If you own, but don't want to sell, consider purchasing the March $45/$35 put spread as a particle hedge, as illustrated below.
Persons: David Ricardo, Ricardo, Mark Zuckerberg, Zuckerberg, doesn't, Russell, cryptocurrencies, aren't, Equifax Organizations: Russell, Vertiv, Builders, Topbuild Corp, Nvidia, Investors, MU, Walmart, Visa, Mastercard, Paypal, Experian, PayPal, Palantir Technologies, Government Locations: uptrends
Nacua’s jersey has been placed in football’s shrine to all things great and good because of the historic beginning to his rookie NFL season. An already high-ceiling group, which included Cooper Kupp – the NFL’s receptions, receiving yards and touchdowns leader in 2021 – was searching for additional explosiveness. It couldn’t be any better,” Nacau told reporters after the Rams’ Week 1 victory in Seattle against the Seahawks. Over the next five weeks of the season, Nacua compiled 326 receiving yards off 25 catches and a touchdown. Nacua has 293 more receiving yards than the next rookie in the league, Jordan Addison.
Persons: , Puka Nacua, Jaylen Waddle, Michael Owens, University of Washington –, Fesi Sitake, , he’s, ” Sitake, Nacau, Sitake, ” –, Jaren Hall –, Minnesota Vikings – Nacua, Nacua, ” Nacua, Tyler Ingham, Puka, wasn’t, , Cooper Kupp, Kupp, Sean McVay, ” Nacau, Earl Cooper, Odell Beckham Jr, Gary A, Vasquez, McVay, McVay effusively, it’s, ” McVay, Eric Yarber, Cooper, Atwell, Jefferson, Matthew, Stafford, Justin Casterline, Hallie Aiono, LeBron James, Jordan Addison, Harry, “ It’s, Organizations: CNN, Super Bowl, NFL, Pro Football Hall of Fame, Los Angeles Rams, Rams, Philadelphia Eagles, SoFi, Brigham Young University, BYU, University of Washington, CNN Sport, Clydesdale, Minnesota Vikings, Cougars, Boise State, Boise State Broncos, , Kupp, Seahawks, USA, Sports, Reuters Rams, San Francisco 49ers, , that’s, Indianapolis Colts, Nacua, Colts, Dallas Mavericks Locations: Canton , Ohio, Utah, Nacua, Clydesdale, Scotland, Eastern Washington, Seattle
Here’s what’s causing the market fears:High bond yieldsSurging yields have contributed to one of the worst periods for bond market performance in history and pressured equity markets. The company reported quarterly profits of $9.9 billion, also beating estimates. Shares of Meta slid last week after the Facebook parent company reported that advertising revenue had been soft this quarter. Jerominski told CNN that there have been at least 25 store closures. Fraser Engerman, a Walgreens spokesperson, told CNN that just two stores closed on Monday and no more than 12 pharmacists walked out across the entire country.
Persons: Dow, Rob Almeida, , Jason Pride, , don’t, Erik Weisman, Seema Shah, JPMorgan Chase, Jamie Dimon, Wall, Shane Jerominski, Jerominski, Fraser Engerman, Max —, Tim Cook, Apple Organizations: CNN Business, Bell, New York CNN —, Traders, Nasdaq, MFS Investment Management, Federal Reserve, Asset Management, LPL Research, JPMorgan, Big Tech, Meta, Facebook, Reality Labs, Google, CVS, Walgreens, Staff, CNN, Workers, Apple Locations: New York, United States, Israel, Russia, Ukraine, China, Arizona , Washington , Massachusetts, Oregon, Southern California, Chicago, Deerfield, Apple’s Cupertino , California
Arcelik's European deal with Whirlpool gets EU approval
  + stars: | 2023-10-24 | by ( ) www.reuters.com   time to read: +1 min
Employees stand at the Whirlpool company plant in the northern city of Amiens, France, June 14, 2017. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsCompanies Arcelik AS FollowWhirlpool Corp FollowGDANSK, Oct 24 (Reuters) - EU antitrust regulators have cleared Turkish domestic appliances maker Arcelik's (ARCLK.IS) proposed purchase of Whirlpool's (WHR.N) European domestic appliances business, an European Commission filing showed on Tuesday. "The Commission concluded that the transaction would not raise competition concerns given in particular the presence of alternative suppliers in the European Economic Area countries where both parties are active," the European Commission said in a statement. Under the deal announced in January, the companies will set up a new entity made up of Arcelik's European units producing major and small domestic appliances as well as consumer electronics with Whirlpool's European business. Britain's antitrust regulator said on Oct. 11 it had decided to refer the deal for an in-depth investigation.
Persons: Benoit Tessier, Arcelik, Blomberg, Canan, Daren Butler, Jason Neely Organizations: Whirlpool, REUTERS, Commission, Economic, European Commission, Markets Authority, Zenith, Thomson Locations: Amiens, France, GDANSK, Arctic, Altus, Grundig
It is a problem that five U.S. state and federal judges are wrestling with as Trump faces four upcoming criminal trials and a civil fraud case. New York state Justice Arthur Engoron already has faced off with Trump on the issue. Trump has cast doubt on Chutkan's ability to give him a fair trial and called her "highly partisan." Ahead of his civil fraud trial, Trump, without providing evidence, accused the U.S. Justice Department of coordinating with New York state Attorney General Letitia James to damage his presidential campaign. One notable exception to Trump's criticism is the judge presiding over the classified documents criminal case in Florida.
Persons: Donald Trump, Letitia James, Mike Segar, Donald Trump's, Jack Smith, Tanya Chutkan, Trump, Joe Biden, Arthur Engoron, Engoron, We've, Michael Frisch, Attorney Alvin Bragg, Smith, James, Smith's, Lawrence Stengel, Stengel, I'm, Aileen Cannon, Cannon, Chutkan, Rebecca Roiphe, Andrew Goudsward, Jack Queen, Will Dunham, Scott Malone Organizations: U.S, Trump Organization, REUTERS, Rights, Trump, Republican, Democratic, Georgetown University, U.S . Justice Department, New, Manhattan, Attorney, Capitol, Fox News, New York University, Thomson Locations: Manhattan, New York City, U.S, New York, Pennsylvania, Florida . U.S
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File photo Acquire Licensing RightsCompanies Arcelik AS FollowWhirlpool Corp FollowBRUSSELS, Sept 21 (Reuters) - EU antitrust regulators will decide by Oct. 23 whether to clear Turkish domestic appliances maker Arcelik's (ARCLK.IS) proposed purchase of Whirlpool's (WHR.N) European domestic appliances business, an European Commission filing showed on Thursday. Under the deal announced in January, the companies will set up a new entity made up of Arcelik's European units such as major domestic appliances, small domestic appliances and consumer electronics and Whirlpool's European business. The EU competition watchdog can either clear the deal with or without seeking remedies after its preliminary review or it can open a four-month investigation if it has serious concerns. The UK competition agency is also assessing the deal, with a decision due by Sept. 28.
Persons: Yves Herman, Arcelik, Blomberg, Foo Yun, Mark Potter Organizations: European Commission, REUTERS, Whirlpool, Commission, EU, Zenith, Thomson Locations: Brussels, Belgium, BRUSSELS, Arctic, Altus, Grundig
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
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