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The bank's price target implies more than 35% upside. Citi also increased its price target to $47 per share from $38, which implies more than 30% upside from Thursday's $36.06 close. The firm upgraded shares of the drive-through coffee company to buy from hold and raised its target price to $46 per share from $33. Dutch Bros stock has ticked up roughly 4% in 2024, lagging the broader market. The firm upgraded the conglomerate to buy and raises its price target to $115 per share from $91.13.

Persons: abate, Jon Tower, Brian Evans, TD Cowen, Cowen, Andrew M, Charles said, — Brian Evans, Chris O'Cull, Wesley Brooks, Brooks, Brandon Nispel, Nispel, Fred Imbert Organizations: CNBC, Warner Bros, Discovery, HSBC, Citi, Cheesecake, Bros, MMM

☆ King Charles praises 'kindness' and friendship 'in times of need' ahead of his first public appearance since his cancer diagnosis
▼ + stars: | 2024-03-28 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Read previewKing Charles III spoke about friendship and kindness in a series of remarks before his first public appearance since announcing his cancer diagnosis. Charles, 75, shared his sentiments via a recorded audio message played at the Royal Maundy Service, an annual event that takes place on the Thursday before Easter Sunday, according to Royal Central. King Charles III and Queen Camilla attending the Royal Maundy Service in 2023. The Maundy Service has a very special place in my heart," Charles said in comments obtained by Royal Central. Related storiesCharles then addressed the people chosen to receive Maundy Money.

Persons: —, Charles III, Charles, King Charles III, Queen Camilla, CHARLOTTE GRAHAM, Jesus, King Charles, Christopher Furlong, Buckingham, Kate Middleton, Princess of Wales, Andy Cheung, I've Organizations: Service, Royal Maundy Service, Royal Central, Business, Getty, Gentlemen, Coronation Service, Buckingham Palace, Associated Press Locations: Worcester Cathedral, Windsor, Middleton

☆ Kate Middleton's cancer announcement should put a stop to the swirling conspiracy theories, royal commentators say
▼ + stars: | 2024-03-22 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

The announcement comes after a lengthy public absence, sparking numerous conspiracy theories. Her last public engagement was alongside the royal family on Christmas Day. Ever since announcing her abdominal surgery in January, conspiracy theories about the princess' absence and her overall health have flooded social media. AdvertisementKristen Meinzer, a royal commentator based in the US, told Business Insider that Kate's statement should end the conspiracy theories. "The royal family is usually more direct with its messaging," she said, referencing how Buckingham Palace shared news of King Charles' cancer diagnosis .

Persons: Kate Middleton, —, William, Kate, Kristen Meinzer, Meinzer, Buckingham, King Charles, Charles III, Max Mumby, Charles, Rishi Sunak, she'd, hyperemesis, Tenille Clarke, Clarke, Nick Robinson, Princess, Dickie, Queen Elizabeth's Organizations: Service, British, Chambers Media Solutions, BBC, Victoria Locations: Wales, Buckingham

☆ King Charles said he 'remained in the closest contact' with Kate Middleton while they were in the hospital together
▼ + stars: | 2024-03-22 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Read previewKing Charles III is staying close with Kate Middleton as both royals grapple with cancer. Just last month, King Charles was diagnosed with cancer after undergoing a prostate procedure. Related storiesThe king and princess were both treated during the same period at The London Clinic in January, according to the BBC. "This of course came as a huge shock," Kate, 42, said in her video message, which was filmed on Wednesday by BBC Studios. AdvertisementThe Buckingham Palace spokesperson added that King Charles is "so proud of Catherine for her courage in speaking as she did," according to People.

Persons: —, Charles III, Kate Middleton, King Charles, Queen Camilla, Kate, Catherine, she's Organizations: Service, Business, London Clinic, BBC, BBC Studios Locations: Buckingham

☆ The French have fallen in love with American fast food. Here's why
▼ + stars: | 2024-03-19 | by ( Natalie Rice | ) www.cnbc.com time to read: +4 min

In France, a land of fine dining, Michelin stars and high standards for cuisine, there's a surprising favorite: American fast food. Expilly oversaw Popeyes' 2023 arrival in France while serving as COO of Popeyes France for French restaurant group Napaqaro. Burger King specifically has gone aggressively after the market "given the propensity for American quick service foods and concepts in France," Charles said. In 2024, McDonald's and Burger King hold more than 40% of the market, according to Euromonitor International, and now consider it their biggest one outside the U.S. French QSRs did take a hit in 2020, but the industry bounced back quickly, earning more profits in 2021 than before the pandemic, according to Euromonitor International.

Persons: Xavier Expilly, EXPM, Expilly, Popeyes, Burger, McDonald's, Andrew Charles, Cowen, Charles, Burger King, Joel Tissier, haven't, Tissier Organizations: Euromonitor, CNBC, Restaurant Brands, Canadian, Mac, Créteil, KFC, Euromonitor International, BK Locations: France, Europe, American, Burger, Paris, United States

London CNN —The many messages of support King Charles III received following his cancer diagnosis “reduced me to tears most of the time,” the British monarch has said in a new statement released by Buckingham Palace Friday. The King has received more than 7,000 letters and cards from across the world since his diagnosis earlier this month, the palace revealed. The British monarch also said the messages had “reduced me to tears most of the time.”Buckingham Palace announced on February 6 that the 75-year-old British King had been diagnosed with an undisclosed form of cancer and would be stepping back from public-facing duties while he undergoes treatment. Though the King has stopped carrying out public engagements while he undergoes his cancer treatment, he is continuing with his duties as head of state. Alongside the statement of appreciation, Buckingham Palace on Friday also shared some of the images and videos the king has received.

Persons: King Charles III, “, ” Charles, ” Buckingham, Charles, Rishi Sunak, King, Buckingham, ”, King Charles, “ Chin Organizations: London CNN, CNN, British Locations: British, ”, London

☆ King Charles Gives Thanks for Support After Cancer Diagnosis
▼ + stars: | 2024-02-10 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

LONDON (Reuters) -Britain's King Charles on Saturday expressed gratitude to well-wishers following his cancer diagnosis, his first public comment since Buckingham Palace announced he would postpone some engagements to undergo treatment. The palace announced on Monday that Charles, 75, had been diagnosed with a form of cancer, less than 18 months into his reign. "As all those who have been affected by cancer will know, such kind thoughts are the greatest comfort and encouragement," Charles said. The king said it was heartening to hear how his diagnosis had helped to shine a light on the organisations that support cancer patients in Britain and elsewhere. Charles' wife, Queen Camilla, said on Thursday that Charles was doing "extremely well".

Persons: Britain's King Charles, Buckingham, Charles, Queen Camilla, Prince William's, Kate, William, Camilla, Andy Bruce, Jonathan Oatis Locations: Britain, Buckingham

LONDON (AP) — King Charles III’s cancer diagnosis heaps more pressure on the British monarchy, which is still evolving after the 70-year reign of the late Queen Elizabeth II. Buckingham Palace announced Monday that Charles had been diagnosed with an undisclosed form of cancer. Photos You Should See View All 45 ImagesAGING MONARCHCharles waited almost 74 years — longer than any previous heir — to become king. Charles told Harry the news about his cancer, and his son traveled to the U.K. soon after it was announced. The king responded to these calls by opening the royal archives to scholars researching the monarchy's links to the slave trade.

Persons: — King Charles III’s, Queen Elizabeth II, Charles ’, Buckingham, Charles, —, Charles’s, Denmark’s Queen Margrethe, Frederik, Margrethe, wouldn’t, “, ”, Joe Little, Charles III, Kate, Princess, Wales, isn't, they’ve, Sally Bedell Smith, “ Prince Charles, HARRY, MEGHAN Charles, Harry, Duchess, Sussex, Meghan Markle's, Harry's, haven’t, Smith, Prince Harry, ” Charles Organizations: Britain isn’t, Majesty Magazine, Netflix, Kenyans Locations: Windsor, Danish, Britain, Britain isn’t Denmark, Buckingham, California, United Kingdom, Caribbean, Kenya

☆ A Florida Gen Xer who met his wife driving for Uber and Lyft details all the reasons he can no longer make a living and what he's doing instead to boost his income
▼ + stars: | 2023-12-02 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

A Gen Xer is transitioning away from driving for Uber and Lyft to start his own travel agency. He's hoping to land more stable gig work so he no longer needs to work 70-80 hours a week. AdvertisementCharles, 43, met his wife while driving for Uber. Charles, who asked to just use his first name to avoid professional repercussions, said while he's met all sorts of cool people over the years through driving, he's struggled to make ends meet. He's also considered a seven-passenger vehicle that could qualify for more expensive Uber rides.

Persons: Uber, He's, —, Charles, he's, I've, he'd, it's Organizations: Service, Uber, Google, Business Locations: Orlando, Pensacola , Florida, Tampa, Florida

LONDON (AP) — King Charles III honored the K-pop band Blackpink on Wednesday, saluting their work in raising awareness among young people about the threat of climate change. On the second day of South Korean President Yoon Suk Yeol’s three-day state visit to London, Charles made Blackpink members Jennie Kim, Jisoo Kim and Lalisa Manoban honorary Members of the Order of the British Empire. The awards are part of Britain’s honors system, which recognizes outstanding service to the nation and the wider world. Charles had lauded the K-pop girl group on Tuesday during a state banquet in honor of Yoon and first lady Kim Keon Hee. “I can only admire how they can prioritize these vital issues, as well as being global superstars."

Persons: — King Charles III, Yoon Suk, Charles, Jennie Kim, Jisoo Kim, Lalisa, Roseanne, Yoon, Kim Keon Hee, Jennie, Jisoo, Lisa, Rose, ” Charles, “ Organizations: British Empire Locations: London, British, New Zealand, Buckingham, Glasgow, Scotland

Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. Polls consistently show that most Americans disapprove of Biden's handling of the economy. I hear that from my family.”That's particularly true for some of the goods and services that Americans pay for most frequently: Bread, beef and other groceries, apartment rents and utilities. “Partly because the country is more polarized.”Even so, many Americans, like Charles, are still feeling the pain of inflation. Even if it does, the higher pay may come with a time lag.

Persons: they’re, Joe Biden, Lisa Cook, Cook, ”, Wendy Edelberg, Katherine Charles, Charles, “, ” Charles, Maximus, Eileen Cassidy Rivera, ” Rivera, Karen Dynan, George W, Bush, Obama, Edelberg, ” Edelberg, haven't, Brad Hershbein, Anthony Murphy, Murphy, Aparna Jayashankar, ” Hershbein Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, Federal Reserve's Board of Governors, Duke University, “, Brookings Institution, Medicare, Affordable, Teamsters, Biden, House, Republicans, University of Michigan's, Harvard, Upjohn Institute, Federal Reserve Bank of Dallas Locations: U.S, Tampa , Florida, autoworkers, ”

[1/2] File photo: Heavy traffic as seen on the M3 motorway heading towards the English coast, near Southampton, Britain, August 7, 2020. REUTERS/Toby Melville/File photo Acquire Licensing RightsLONDON, Nov 7 (Reuters) - Britain will make the makers rather than the owners of self-driving cars legally liable for any crashes under a framework for developing autonomous vehicles (AV), the government said on Tuesday, in a move welcomed by insurers and AV startups. King Charles said the government would bring forward an Automated Vehicles Bill as he set out the government's legislative agenda for the forthcoming parliamentary session, after one promised last year did not materialise. "My ministers will introduce new legal frameworks to support the safe commercial development of emerging industries, such as self-driving vehicles," Charles said in a speech to lawmakers. The bill will establish processes to investigate incidents and improve the safety framework, and will also set the threshold for what is classified as a self-driving car.

Persons: Toby Melville, King Charles, Charles, Tara Foley, Alex Kendall, Paul Newman, Alistair Smout, Nick Carey, William James, Kate Holton, Barbara Lewis Organizations: REUTERS, Ireland, AXA, Companies, Microsoft, Motors, Oxford, Thomson Locations: Southampton, Britain, U.S, California

☆ Britain says self-driving car makers liable for incidents in new framework
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

File photo: Heavy traffic as seen on the M3 motorway heading towards the English coast, near Southampton, Britain, August 7, 2020. King Charles said the government would bring forward an Automated Vehicles Bill as he set out the government's legislative agenda for the forthcoming parliamentary session, after one promised last year did not materialise. "My Ministers will introduce new legal frameworks to support the safe commercial development of emerging industries, such as self-driving vehicles," Charles said in a speech to lawmakers. "The Bill gives people immunity from prosecution when a self-driving vehicle is driving itself, given it does not make sense to then hold the person sat behind the wheel responsible." The bill will establish new processes to investigate incidents and improve the safety framework, and will also set the threshold for what is classified as a self-driving car.

Persons: Toby Melville, King Charles, Charles, Alistair Smout, Nick Carey, William James, Kate Holton Organizations: REUTERS, Companies, Motors, Thomson Locations: Southampton, Britain, AVs, U.S, California

☆ Independent Regulator to safeguard English clubs
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +4 min

The Independent Regulator for Football (IREF) will have the power to step in to address cash flow and other systemic issues within clubs, many of which are financially vulnerable. "Legislation will be brought forward to safeguard the future of football clubs for the communities and fans," King Charles said of the Football Governance Bill in his speech. Fair Game, a band of clubs campaigning to improve football governance, described the announcement as an "historic moment for football". It is a unique strength of the English game and something that must be protected and nurtured," Parry said. Since the 1999-2000 season, 19 out of 23 Premier League seasons resulted in pre-tax losses for all clubs combined.

Persons: Park, Newcastle United's Kieran Trippier, Lee Smith, Rishi Sunak, King Charles, Niall Couper, Rick Parry, Parry, Tracey Crouch, Crouch, Lori Ewing, Ed Osmond Organizations: Soccer Football, Premier League, Newcastle United, James, Newcastle, British, Independent Regulator, Football, Bury FC, Super League, Sheffield, Reading, Scunthorpe United, English Football, Former Sports, England, Independent, LaLiga, Premier, Thomson Locations: Newcastle, Britain

Two years later, Congress put such a law in place, prohibiting people facing domestic violence restraining orders from having guns. Gun rights organizations are supporting Zackey Rahimi, the Texas man whose challenge to the law led to the Supreme Court case. A gun, though, is more than just a potential source of violence, Glenn said, recalling how her husband threatened her and her then-teenage son, David, repeatedly. Rahimi’s case reached the Supreme Court after prosecutors appealed a ruling that threw out his conviction for possessing guns while subject to a restraining order. The court's decision in the Rahimi case could have widespread ripple effects, including in the high-profile prosecution of Hunter Biden.

Persons: — Ruth Glenn, Glenn, Cedric, ” Glenn, Zackey Rahimi, Shira Feldman, Brady, “, ” Feldman, David, it’s, Rahimi, Cory Wilson, Wilson, ” Wilson, Clarence Thomas, Hashim Mooppan, Trump, ” Mooppan, ”, Clark Neily, Jacob Charles, Hunter Biden, ” Charles, Cedric Glenn, “ We’re, we’re Organizations: WASHINGTON, Associated Press, Survivor Justice, Biden, Republicans, Democrats, for Disease Control, Gun Safety, Circuit, Justice Department, Georgetown Law, Cato Institute, Pepperdine University Locations: Denver, Glenn, Texas, Arlington , Texas, U.S, Bruen, Malibu , California

☆ [WATCH NOW] Create a culture of ownership to drive business growth
▼ + stars: | 2023-11-02 | by ( Sponsor Post | Created Insider Studios With Morgan Stanley At Work | ) www.businessinsider.com time to read: +6 min

Comprehensive equity strategies are an effective way to create a culture of ownership. Prioritizing a transparent and open dialogue can facilitate a culture of ownership and community where employees understand the value they bring to the company and their role in business success. Not only does this lead to more satisfied employees, but it also helps drive sustainable business growth. Among them: Incorporating equity compensation into a broader compensation strategy that aligns with your company's values and culture. In the US, for example, workplace financial benefits like equity compensation are often considered individual benefits for the employee.

Persons: Teri McFadden, Morgan Stanley, Rodney Bolden, Shawn Murphy, Murphy, Laura St, Charles, —, isn't, McFadden, there's Organizations: Norwest Venture Partners, Work, of Law, Economics, Insider Studios Locations: St

☆ Anthony Holden, Royal Chronicler Who Ruffled the Palace, Dies at 76
▼ + stars: | 2023-10-26 | by ( Penelope Green | More About Penelope Green | ) www.nytimes.com time to read: +1 min

The cause was a brain tumor, his son Ben said. Mr. Holden was writing the gossipy “Atticus” column — a frothy mix of politics and celebrity — for The Sunday Times in London when, in 1977, he was sent to cover Prince Charles’s visit to Canada to open the Calgary Stampede, a rodeo. The prince was sort of a dud assignment, but Mr. Holden made the best of it, even though the most interesting thing Prince Charles said to him was: “Married, are you? Fun, is it?”The column Mr. Holden wrote about the royal junket amused both Queen Elizabeth II and her son, now King Charles III, and Mr. Holden soon received a book deal to write a biography of Charles. Though he thought the subject was boring, the advance of 15,000 pounds was too large to turn down.

Persons: Anthony Holden, Shakespeare, Laurence Olivier, Lorenzo Da Ponte, Mozart’s, Ben, Holden, Atticus, Prince Charles’s, “ Atticus, ”, Brigitte Bardot, Rudolph Nureyev, Margaret Thatcher, Frank Sinatra, Prince Charles, “, Queen Elizabeth II, King Charles III, Charles . Organizations: The Sunday Times, Calgary Stampede Locations: British, London, Canada, China

☆ Queen Camilla, Brigitte Macron play table tennis amid state visit
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +4 min

There were light moments too, with Queen Camilla and President Emmanuel Macron's wife, Brigitte, trying their hand at table tennis as French youngsters looked on. Here's the latest:* Camilla also tried her hand at weaving at French luxury house Chanel's 19M workshop, with Brigitte Macron and Chanel CEO Leena Nair watching. * Queen Camilla and French President Emmanuel Macron's wife Brigitte played table tennis together at a sports centre outside of Paris - not that successfully. The royal couple and Brigitte Macron chatted with youngsters at the Saint-Denis sports centre. [1/9]Britain's Queen Camilla plays table tennis next to Britain's King Charles, Brigitte Macron, wife of French President Emmanuel Macron as they meet local youth sports associations in Saint-Denis near Paris, on the second day of their State visit to France, September 21, 2023.

Persons: King Charles, Queen Camilla, Emmanuel Macron's, Brigitte, Camilla, Brigitte Macron, Leena Nair, Charles, Germain, King Charles III ., Nasser Al, Khelaifi, Denis, Brigitte Macron chatted, Britain's King Charles, Emmanuel Macron, REUTER, Hannah McKay, Queen Elizabeth, France's, Macron, Dominique Vidalon, Ingrid Melander, Elizabeth Pineau, Michel Rose, Johnny Cotton, Michael Holden, Blandine, Sharon Singleton Organizations: French, Paris Saint, King Charles III . Club, Saint, Entente, Notre, Dame, Thomson Locations: Britain, France, Saint, Paris, British, Ukraine, entente, United Kingdom, Versailles

☆ TD Cowen downgrades coffee giant over China macroeconomic headwinds
▼ + stars: | 2023-09-19 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Investors should be cautious on Starbucks stock, according to TD Cowen. Starbucks stock has slipped more than 2% from the start of the year and was off 1.45% in premarket trading Tuesday. SBUX YTD mountain Starbucks stock has pulled back 2.4% from the start of 2023. Charles also noted U.S. headwinds associated with slower month-over-month non-farm payroll increases, which could be reflected in Starbucks' morning business. "Starbucks' morning-oriented business tracks changes in payrolls as changes in the number of commuters naturally impacts morning routines," Charles said.

Persons: TD Cowen, Andrew Charles, Charles, Michael Bloom Locations: China

Michelle Lujan Grisham's emergency order suspending the right to carry firearms in public in and around Albuquerque drew an immediate court challenge from a gun-rights group Saturday, as legal scholars and advocates said they expected. The governor, a Democrat, said the 30-day suspension, enacted as an emergency public health measure, would apply in most public places, from city sidewalks to parks. The top Republican in the New Mexico Senate, Greg Baca of Belen, also denounced Lujan Grisham’s order as an infringement on the gun rights of law-abiding citizens. Levinson said she was not aware of any other governor taking a step as restrictive as Lujan Grisham. “I don’t think it will be a political loss for (Lujan Grisham) to be overturned,” Levinson said.

Persons: Michelle Lujan, Foster Haines, Lujan Grisham, ”, Jessica Levinson, Sam Bregman, Albuquerque Mayor Tim Keller, Harold Medina, Bregman, Bernalillo County Sheriff John Allen, “, ” Allen, ” Medina, Gilbert Gallegos, Levinson, ” Levinson, Dudley Brown, Greg Baca, Lujan Grisham’s, Dan Lewis, Gavin Newsom, Jacob Charles, ” Charles, ” ___ Ritter, Stern, Sonner, Rio, Morgan Lee, Terry Tang, Felicia Fonseca Organizations: New, New Mexico Gov, National Association for Gun Rights, Loyola Marymount’s Loyola Law School, Democratic, Saturday, Albuquerque Mayor, Police, Bernalillo County Sheriff, U.S . Department of Justice, Press, Republican, New Mexico Senate, Council, of Health, California Gov, Democrat, Pepperdine Caruso School of Law, Las Vegas, Associated Press, America Statehouse News Initiative, America Locations: New Mexico, Albuquerque, U.S, Los Angeles, Bernalillo County, Bernalillo, Taos County, “, Colorado, Belen, Las, Reno , Nevada, Las Vegas, Santa Fe, , New Mexico, Phoenix, Flagstaff , Arizona

LONDON (AP) — With gun salutes and tolling bells, the United Kingdom on Friday marked the anniversary of the death of Queen Elizabeth II and the ascension of King Charles III, who remembered his mother as a symbol of stability during her 70-year reign. Charles and Queen Camilla observed the anniversary at the family estate in Scotland and attended a service of remembrance at a small church nearby, where the late queen worshipped. Harry is due to attend the Invictus Games for injured soldiers in Germany this weekend, alongside his wife Meghan. The king released a previously unpublished photograph of the queen that shows her at the height of her power at age 42. Her death triggered questions about the future of the monarchy.

Persons: Queen Elizabeth II, King Charles III, Charles, Queen Camilla, ” Charles, “, Prince William, Catherine, Prince Harry, George's, Harry, Meghan, ”, Cecil Beaton, Elizabeth, Vladimir’s Tiara, Rishi Sunak Organizations: Westminster Abbey, Davids Cathedral, Windsor Castle, Invictus Games, WellChild, ” Locations: United Kingdom, Scotland, London, Green, Buckingham Palace, Westminster, St, Wales, Windsor, California, Germany

☆ King Charles thanks public for their love as he marks death of Queen Elizabeth
▼ + stars: | 2023-09-07 | by ( Michael Holden | ) www.reuters.com time to read: +4 min

[1/11] Britain's King Charles and Queen Camilla receive flowers and a card from local school children as they leave Crathie Parish Church, near Balmoral, Scotland, Britain, after a church service, to mark the first anniversary of the death of Queen Elizabeth II. Elizabeth, Britain's longest-reigning sovereign, died aged 96 on Sept. 8 at Balmoral Castle, her Scottish summer retreat after a 70-year reign. 'SOLEMN'Charles' eldest son and heir Prince William and wife Kate paid their own tribute to the queen and will attend a private church service to commemorate her life. Prime Minister Rishi Sunak said the thoughts of the nation would be with Charles and his family on "the solemn anniversary". Polls suggest most Britons have a favourable view of his reign so far, although younger generations appear much less enthusiastic.

Persons: King Charles, Queen Camilla, Queen Elizabeth II, Elizabeth, Britain's, Charles, Prince William, Kate, Queen Elizabeth, Camilla, Crathie, Prince, Princess, Rishi Sunak, Prince Harry, Meghan, Prince Andrew, Jeffrey Epstein, Michael Holden, Alexandra Hudson, Angus MacSwan Organizations: LONDON, Balmoral, Scottish, St Davids Cathedral, London, Commonwealth, Thomson Locations: Crathie Parish, Balmoral, Scotland, Britain, Scottish, United Kingdom, Canada, Australia, New Zealand, Crathie Kirk, Wales, London

☆ British royal family's public cash formula changed amid surging windfarm profits
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +2 min

Andrew Milligan/Pool via REUTERSLONDON, July 20 (Reuters) - The British government said on Thursday it would cut the proportion of funds going to the royal family from the Crown Estate next year, after King Charles said he wanted bumper windfarm profits to go to the "wider public good". The Sovereign Grant, which last year was worth 86.3 million pounds ($111 million), is typically based on 15% of Crown Estate profits but has been temporarily increased to 25% to pay for extensive refurbishment work at Buckingham Palace. However, new deals for offshore wind farms struck in January are expected to see Crown Estate profits surge by 900 million pound a year, and Charles had indicated he wanted this extra money to go the wider good. On Thursday, the Treasury said the Sovereign Grant next year would be cut to 12% of Crown Estates' profits, meaning it will remain at 86.3 million pounds but will be 24 million pounds less than if the rate had not changed. ($1 = 0.7747 pounds)Reporting by Sarah Young and Michael Holden; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.

Persons: King Charles, Andrew Milligan, Grant, Sovereign Grant, Charles, Jeremy Hunt, Sarah Young, Michael Holden, Kate Holton Organizations: Scottish Borders, REUTERS LONDON, Treasury, Sovereign, Estates, Thomson Locations: Selkirk, Scottish, Scotland, Britain, Holyrood, Buckingham

The court's conservative majority has taken an expansive view of Second Amendment rights in a nation facing persistent gun violence including mass shootings. The court has widened gun rights in three major rulings since 2008. "The stakes are high for those experiencing domestic violence if violent partners can legally possess firearms," Lungwitz said. The National Rifle Association, an influential gun rights group, did not respond to a request for comment. "By removing those kinds of considerations, it makes constitutional law - and Second Amendment law, in particular - even more removed from the way that ordinary citizens think about constitutional protections."

Persons: Joe Biden's, Zackey Rahimi, Rahimi, Janet Carter, Bruen, James Ho, Donald Trump, Elizabeth Prelogar, Lungwitz, Jacob Charles, Charles, John Kruzel, Will Dunham, Scott Malone Organizations: U.S, Supreme, New York, Circuit, Appeals, Republican, University of Texas School, Law's, Violence, Democratic, National Rifle Association, Pepperdine University Caruso School of, Thomson Locations: WASHINGTON, Texas, New York, New Orleans

☆ A King Who Actually Likes the Arts
▼ + stars: | 2023-05-04 | by ( Alex Marshall | ) www.nytimes.com time to read: +2 min

With these varied interests, Charles is the most culturally attuned monarch for well over a century. In the 17th century, Charles I, a patron of painters including Rubens and Van Dyck, built one of Europe’s most important art collections. But where previous monarchs were known for their passions, Charles has often been defined by the things he doesn’t like. In a phone interview, O’Regan said that once you “delved into Charles’s likes and dislikes,” a picture emerged of a man whose interests were “obviously nuanced.”“He’s someone who is clearly very affected by music and other arts,” O’Regan said. “I remember being so completely transfixed by the magic of it,” Charles said during a 2018 radio interview.

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