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☆ The Olympics will challenge mobile-network providers to satiate 15 million attendees' hunger for internet connectivity
▼ + stars: | 2024-07-25 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +7 min

The Olympics will challenge wireless providers as 15 million people seek internet access at once. To meet that expectation, telecommunications companies must bolster Paris' 5G network, the technology system that powers users' mobile-internet access. Harnessing private 5G infrastructureOrange is installing cellphone antennas on boats and extension units in sporting venues to bolster its 5G network. It uses 5G's network-splicing capabilities to reserve a part of the public 5G network for private use. To support the 2024 Olympics' connectivity needs, network providers must prepare to rely on 5G's strength.

Persons: —, they'll, Bertrand Rojat, Rojat, wouldn't, Stephen Giles, Giles, Katherine Ainley, Leila Jordan Organizations: Service, Olympic Games, KT Corp, Olympic, Broadcasters, Prix, UEFA European Football, Stade de France, Rugby, Cisco, NTT Data, International Olympic Committee, Ericsson Locations: Paris, South Korea, Tokyo, France, Orange, French, Ireland

☆ Track and field at the 2024 Olympics: World-record watch, schedule and how to watch
▼ + stars: | 2024-07-23 | by ( Mark Puleo | ) www.nytimes.com time to read: +11 min

AdvertisementThat makes track and field by far the most contested sport at the Olympics. Men’s shot put: Behind Duplantis, American Ryan Crouser has a case for the world’s most dominant athlete in track and field. She broke her own record for the fourth time with a time of 50.65 seconds in June at the U.S. Olympic trials. Hocker’s winning time of 3:30.59 broke the trials record by 3.5 seconds and showed he has the world-class fitness to mix it up at Paris. She withdrew from the Jamaican Olympic Trials and later revealed she was dealing with an Achilles injury.

Persons: Duplantis, Florence Griffith, Jamaica’s Shericka Jackson, America’s Gabby Thomas, Jackson, Thomas, Men’s, Ryan Crouser, He’s, Joe Kovacs, Jonathan Edwards ’, Jordan Díaz, Jaydon Hibbert, Sydney McLaughlin, Levrone, Femke Bol, Bol, Marita Koch, Karsten Warholm, Rai Benjamin, Benjamin, Sha’Carri Richardson, Noah Lyles, tucking “ Yu, Quincy Wilson, Yared Nuguse, Cole, Nuguse, Norway’s Jakob Ingebrigtsen, Josh Kerr, Hocker, Hocker’s, Nikki Hiltz, Grant Holloway, Freddie Crittenden, Daniel Roberts, Elaine Thompson, Thompson, Joyner, Mu, Dave Wottle, Yulimar Rojas, She’s, “, reina, Kelvin Kiptum, Eliud Kipchoge, Kiptum, Kipchoge, Tim Clayton, Corbis Organizations: Summer, LSU, Xiamen Diamond League, Los Angeles Grand Prix, Arkansas, NCAA, SEC, U.S, Team USA, NBC, Telemundo, Universo, Olympic, Jamaican Olympic Trials, Griffith, reina del, Kenyan, Getty Locations: Paris, Spain, U.S, Netherlands, East Germany, American, Tokyo, USA, salto

☆ Hungarian Grand Prix: Oscar Piastri wins his first ever F1 race in tense affair highlighted by McLaren team drama
▼ + stars: | 2024-07-22 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —Australia’s Oscar Piastri won his maiden Formula One Grand Prix on Sunday, but probably not in the circumstances he would have dreamed. The McLaren driver qualified second and snatched the lead at the start of the Hungarian Grand Prix from teammate Lando Norris and looked set to take claim victory after driving a commanding race. Piastri leads Norris during the race. His race engineer, Will Joseph, pleaded with him over team radio for multiple laps, urging him to “do the right thing” before Norris eventually gave in. If some people don’t like that, then stay home.”F1 next heads to Spa this weekend for the Belgian Grand Prix.

Persons: CNN — Australia’s Oscar Piastri, Lando Norris, Norris, undercutting ’, McLaren, Piastri, Mercedes, Lewis Hamilton, Mark Thompson, ”, ” Piastri, “, Will Joseph, you’re, ” Norris –, –, Max Verstappen, Rudy Carezzevoli, Hamilton, Ferrari’s Charles Leclerc, Verstappen Organizations: CNN, Formula, McLaren, Prix, Aussie, Red Bull, Belgian Locations: Hungarian, Qatar, Australian, Miami

☆ Packing your bags for Paris? Here’s what to expect from a visit this summer
▼ + stars: | 2024-07-19 | by ( Ulrike Lemmin-Woolfrey | ) www.cnbc.com time to read: +6 min

More restaurants and stores will be open in August to host the millions of visitors attending the Summer Olympic Games. Pawel Libera | The Image Bank | Getty ImagesBut this summer, many businesses and restaurants plan to take full advantage of the 11 million visitors expected to visit the city for the 2024 Summer Olympic Games. Paris has ramped up cycling paths and bicycle parking spaces ahead of the Summer Olympic Games, as part of an effort to make the city a cyclist-friendly metropolis. Instead ask for a "carafe d'eau," and you'll get chilled tap water, which is free and perfectly drinkable in Paris. Escape from the cityConsider a quick break from Paris and her crowds, but one that doesn't require going very far.

Persons: Kiran Ridley, planche, Elena Noviello, Ernest Hemingway, Michel, Charles de Gaulle, Louis XIV, Bois, Christophe Lehenaff Organizations: Pawel, Bank, Getty, Paralympic, Associated Press, Gare de, Saint Locations: Paris, —, Spain, Etoile, Saint, Germain, Laye, Bois de

☆ Lewis Hamilton praises Ralf Schumacher after former F1 driver publicly identifies as gay
▼ + stars: | 2024-07-19 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +2 min

CNN —Seven-time Formula One world champion Lewis Hamilton has praised Ralf Schumacher after the former F1 driver revealed on Monday that he was in a same-sex relationship. He was previously married to Cora Schumacher and is the father to a son, David. The 49-year-old had an 11-year F1 career, driving for Jordan, Williams and Toyota and won six races along the way. The Mercedes driver spoke about the need for F1 to “do more” in order to make the sport more inclusive following Schumacher’s announcement. “There is one thing saying that it’s inclusive and there’s another thing actually making sure that people actually feel comfortable in the environments.

Persons: Lewis Hamilton, Ralf Schumacher, Schumacher, Michael Schumacher, Etienne, Carmen Geiss, Schumacher’s, ” Schumacher, Cora Schumacher, David, Williams, Hamilton, ”, it’s, ” Hamilton, Marco Canoniero, “ Organizations: CNN, Jordan, Toyota, Sky Sports, Sky Germany, Saudi Arabia Grands Prix Locations: German, Hungarian, Qatar, Saudi

☆ A Team USA weightlifter on course for gold at the Olympics takes a relaxed approach to training. She balances rest, work, and longevity.
▼ + stars: | 2024-07-15 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +6 min

But at 21, the Team USA athlete is heading to Paris and is tipped to win gold in women's weightlifting. Reeves started weightlifting at age 12 and has trained four times a week ever since. She just set an American women's weightlifting record of 597 pounds total at the 2024 USA Weightlifting's National Championships Week in June. Reeves lifted 265 pounds in the snatch category at the 2024 USA Weightlifting Championships. Visualizing successTo ease her nerves, Reeves is trying to see the Olympics as the same as any other weightlifting competition.

Persons: Olivia Reeves, visualizes, —, Reeves, Steve Fauer, he's, We're, Fauer, that's Organizations: Olympic, Service, Team USA, International, Federation, University of Tennessee, BI, Paris Games Locations: Paris, Doha, Qatar, American, Chattanooga, Austin

☆ Ralf Schumacher comes out as gay in social media post
▼ + stars: | 2024-07-15 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Reuters —Former Formula One driver Ralf Schumacher, younger brother of seven times world champion and Ferrari great Michael, announced on Sunday he was in a same-sex relationship. Ralf Schumacher won six F1 races during his career. Ralf Schumacher, 49, won six grands prix in an 11-year career that ended in 2007. German actress Carmen Geiss, a close friend, named Schumacher’s partner as Etienne and published a photograph of the couple on her own Instagram account. Ralf's brother, Michael (left), won seven world championships.

Persons: Ralf Schumacher, Michael, ”, Michael Cooper, Mike Beuttler, Cora, David, “, ” David, Carmen Geiss, Etienne, Alex Grimm, Ralf Organizations: Reuters, Formula, Ferrari, Hulton Locations: German

☆ Americans Are Angry Because Prices Are Constantly Changing
▼ + stars: | 2024-07-10 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

A "good" price for something today may have seemed outlandish five years ago. A "good" price for something today may have seemed outlandish five years ago, and it's understandable to wonder whether today's price is just as fleeting. The whole idea of what's a good price for a 12-pack of carbonated soft drinks has changed dramatically over the past few years." Plenty of companies can move their prices, whether by using dynamic prices or downright raising prices, because they're the only game in town. The answer to getting accustomed to high prices is basically to forget what those numbers were in 2019.

Persons: Wendy's, they're, There's, Carly Fink, —, Fink, they'd, Jon Hauptman, Hauptman, Timothy Webb, University of Delaware who's, it's, Ravi Dhar, Taylor Swift, John Zhang, Webb, Dhar, Emily Stewart Organizations: Walmart, Price, University of Delaware, Center, Yale School of Management, Starbucks, Wharton, Business

☆ Omar Al Marzouqi: The young showjumping sensation carrying the UAE flag into the Olympics
▼ + stars: | 2024-07-09 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

Soaring over fences on horseback in Hangzhou, China, last October, Omar Al Marzouqi was jumping into history. Yet Al Marzouqi made it work – with a little help from his sister. Stephen Bartholomew/IPS/ShutterstockShowjumping has always a family affair for Al Marzouqi, who mounted his first pony at just three years old. Just 15 years old at the time, Al Marzouqi was comfortably the youngest rider in the field in Buenos Aires. For Al Marzouqi, continuing that lineage is a privilege.

Persons: Omar Al Marzouqi, Omar, Al Marzouqi, “, ”, Stephen Bartholomew, Showjumping, Steve Guerdat, Ahlmann, I’m, Al, you’ve, ” Al Marzouqi, Helen Cruden, Ahmed Al Maktoum, Sergiu Toma, Al Marzouqi hasn’t, you’d Organizations: CNN, United Arab Emirates, Asian Games, Sorbonne University Abu Dhabi, Youth Olympics, Paris Olympics, UAE, Games, Athens Locations: Hangzhou, China, Abu Dhabi, UAE, Paris, West Sussex, Argentina, Buenos Aires, Montefalco, Italy, Rio

☆ Lewis Hamilton takes ‘fairytale’ victory at home British Grand Prix
▼ + stars: | 2024-07-07 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Lewis Hamilton won his home race at the British Grand Prix on Sunday, battling to a thrilling, record-extending victory as the lead changed hands several times on a rain-slicked track at Silverstone. For Hamilton to win his last British Grand Prix with Mercedes – the team with whom he dominated the sport for so long – seemed like a “fairytale,” team principal Toto Wolff told broadcaster Sky Sports after the race. Lewis Hamilton celebrates on the podium after winning the British Grand Prix. “This is my last race here at the British Grand Prix with this team, so I wanted to win this so much for them. But both Mercedes cars ran wide off the track across the run-off shortly afterwards, allowing Norris to overtake Russell and then to accelerate past Hamilton too.

Persons: CNN — Lewis Hamilton, Hamilton, Jack, Max Verstappen, Red, Mercedes –, Toto Wolff, Lewis Hamilton, Peter Cziborra, ” “ It’s, ”, “ There’s, Mark Thompson, George Russell, McLaren’s Lando Norris, Russell, Norris, Verstappen Organizations: CNN, Prix, Sunday, Silverstone, Red Bull, Hamilton, Sky Sports, British, Getty Locations: British, Saudi, Hamilton, Silverstone

☆ ‘I’m really proud of our team’: Lewis Hamilton praises England’s Euros resilience ahead of his final British GP with Mercedes
▼ + stars: | 2024-07-05 | by ( Amanda Davies | Aleks Klosok | ) edition.cnn.com time to read: +8 min

CNN —Lewis Hamilton and the England men’s soccer team share a thing or two in common. “I’m really, really proud of our team just with all the difficulties that they’ve experienced, and they’ve faced just time and time again, just continuing to get up and the resilience. Fortunately, though, his home race has proved to be a very happy hunting ground with Hamilton winning a record eight times at the circuit. “I think when we were winning all the time, it was just, ‘Yeah, we’re winning.’ That’s where I think that was. What chance then of a win this season to cap off his 12th and final season at Mercedes?

Persons: CNN — Lewis Hamilton, Hamilton, Niki Lauda, he’d, Michael Schumacher’s, Gareth Southgate, “, Amanda Davies, Antony Dickson, I’m, they’ve, Jude Bellingham, Harry Kane, Phil Foden, John Sibley, “ We’ve, …, ”, don’t, you’re, peerless, George Russell, McLaren’s Lando Norris, Ollie Bearman who’ll, Haas, Bryn Lennon, we’re, We’re, I’ve, Mercedes, ” Hamilton, Clive Rose, Mercedes ’, Red Bull, Ferrari, – Hamilton, Russell, you’ve, everyone’s, ’ That’s, hasn’t Organizations: CNN, England, IWC, Prix, South China Morning, Lions, Real, Premier League, Southgate, Bellingham, Slovakia, Ferrari, US, Sao Paulo, Silver Arrows, Brit, Mercedes, Silverstone, Austrian, Constructors, Hamilton Locations: Melbourne, England, Germany, IWC Schaffhausen, British, Macau, South, European, Slovakia, Hamilton, Austin, Silverstone, Sao, Montreal, Spain, Austrian, Jeddah, Saudi Arabia, Abu Dhabi

☆ How Champagne celebrations became a Formula 1 tradition and a coveted sponsorship deal
▼ + stars: | 2024-07-05 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +7 min

Since 2021, Formula 1 races have used Ferrari Trento sparkling wine for podium celebrations. Ferrari Trento said it had nearly tripled its US sales since the start of its F1 partnership. They've been spraying and imbibing sparkling wine produced by the Italian company Ferrari Trento (no relation to the Ferrari car manufacturer). Our goal is really to increase our export sales and make Ferrari Trento more and more international." Max Verstappen and Lewis Hamilton celebrate on the podium with Ferrari Trento sparkling wine in 2021.

Persons: Ferrari Trento, —, Georges Bizet's, Carmen, Matteo Lunelli, Juan Manuel Fangio, Jo Siffert, Dan Gurney, Mumm, Lunelli, Daniel Ricciardo, Aly, Theresa Sanchez, it's, Christian Miller, UC Davis, Miller, who's, — Ferrari, Ferrari, Max Verstappen, Lewis Hamilton, Yuri Kochetkov, Sanchez, It's Organizations: Service, Ferrari Trento, Ferrari, Champagne, Chandon, University of California, Netflix, UC, Wine Market, Las, — Ferrari Trento, Prix, Las Vegas, Formula, NFL, NBA, MLB Locations: Trento, Champagne, Italian, Italy, United States, Argentine, Swiss, Davis, Ferrari Trento, Miami, Las Vegas

☆ Tourists can be a turnoff for wealthy travelers in hotspots like Tulum and Mykonos. Here are 4 places that are still an oasis for the ultra-rich.
▼ + stars: | 2024-07-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDuring the summer months, if you're not on vacation yourself, it feels nearly impossible to avoid seeing pictures or videos of everyone else's trips to popular hotspots. But while both destinations still attract several million tourists yearly, some ultra-rich vacationers seek more exclusive locations away from the hoi polloi. Its casinos, luxury shopping, and excess of yachts make it "a playground for the ultra-rich," according to West. Courtesy of Fraser YachtsFive-star hotels have attractive amenities, but luxury yachts unlock another level of privacy and mobility for those rich enough to own or charter one.

Persons: —, Alexa West —, Aman, Kylie Jenner, Justin Bieber, Valentin Luthiger Andermatt, Knight Frank, Mark Cavendish Organizations: Service, United Nations World Tourism Organization, Business, Aman Resorts, Aman Resorts Aman Resorts, Monaco Monaco, Monaco, Wall Street, Yachts, Fraser Yachts Locations: japan, Italy, Tourism, US's Utah, Aman Resorts Aman, Its Utah, Utah, Switzerland, Monaco, Mykonos, St, Tropez, Sardinia, Carinthia

☆ Lando Norris will ‘lose a lot of respect’ if Max Verstappen fails to apologize for controversial Austrian Grand Prix incident
▼ + stars: | 2024-07-01 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Lando Norris said he would lose respect for friend Max Verstappen if the Red Bull driver fails to apologize for a collision between the pair during a controversial Austrian Grand Prix on Sunday. Race stewards later handed Verstappen a 10-second penalty for causing the collision which led to Norris retiring from the race with a puncture and car damage. If he says he did nothing wrong, then I lose a lot of respect for that,” a “disappointed” Norris told Sky Sports during his post-race interview. I’m just gutted for the team,” Norris added. From the outside, it’s easy to judge and comment,” he told Sky Sports.

Persons: CNN — Lando Norris, Max Verstappen, McLaren’s Norris, Verstappen, Norris, ” Norris, McLaren's Norris, Erwin Scheriau, “ It’s, That’s, ”, It’s, Christian Horner, Andrea Stella Organizations: CNN, Red Bull, Prix, Sky Sports, AFP, Bull Locations: Austrian, British

☆ Elaine Thompson-Herah, five-time Olympic gold medalist, ruled out of Paris Games with Achilles injury
▼ + stars: | 2024-06-27 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Five-time Olympic gold medalist Elaine Thompson-Herah will miss Paris 2024 with an Achilles injury, she announced on social media. “I am hurt and devastated to be missing the Olympic this year but at the end of the day it’s sports and my health comes first. In doing so, she became the first woman to complete the Olympic sprint double since Florence Griffith-Joyner at Seoul 1988. Thompson-Herah – who turns 32 on Friday – finished last in the Prefontaine Classic last month with a time of 11.30, with one of her main rivals for Olympic gold, American Sha’Carri Richardson, finishing first. Then, at the New York Grand Prix in June, she once again finished last with a time of 11.48.

Persons: Elaine Thompson, Herah, “, ” Thompson, Florence Griffith, Joyner, Thompson, Herah –, –, Sha’Carri Richardson Organizations: CNN, Olympic, New York, month’s, Summer, Tokyo Games, Prefontaine, Prix Locations: Jamaica, Rio de Janeiro, Seoul, Paris

☆ I tried Il Mulino's prix-fixe weeknight dinner for $60. The upscale Italian chain's meal was delicious with a few downsides.
▼ + stars: | 2024-06-24 | by ( Steven John | ) www.businessinsider.com time to read: +1 min

I went to Il Mulino for the first time to try the upscale Italian chain's prix-fixe dinner. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen I entered the Il Mulino on Long Island, I was shocked by just how quiet it was. The upscale Italian chain is located right next to a major thoroughfare, and I went to dine at the height of rush hour.

Persons: Il Mulino, should've, — Organizations: Service, Business Locations: Long, Greenwich, New York, New York , New Jersey, Florida

☆ Inside the busy schedule of an F1 team principal who oversees 1,000 employees
▼ + stars: | 2024-06-21 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +7 min

Guenther Steiner likened being the team principal of Haas F1 to "being the CEO of a small company." "The good news is no two days are the same," said James Vowles, Williams Racing's team principal. Guenther Steiner, a former team principal of the Haas F1 team who's now an ambassador for the Miami Grand Prix, said the job was sort of like running a corporation. Brown said the top traits he looked for in a team principal were selflessness, a focus on performance, and a willingness to lead by example. "Andrea is a team principal that focuses on his team, putting his people first."

Persons: James Vowles, Guenther Steiner, —, Williams, Rudy Carezzevoli, Vowles, Alex Albon, Albon, Haas, Kevin Magnussen, PETER, Steiner, I'm, Zak Brown, Andrea Stella, Lando Norris, Brown, Stella, wasn't, Andrea, he's Organizations: Williams Racing, Haas, Service, Netflix, Brawn, Mercedes, Constructors, Miami Grand Prix, Getty, McLaren Locations: Bahrain, Williams

☆ I dined at Disney World's only Michelin-starred restaurant for $375. You'll want to snag a reservation even if you don't care about the theme parks.
▼ + stars: | 2024-06-20 | by ( Casey Clark | ) www.businessinsider.com time to read: +1 min

I spent $375, including the tip, to dine at Disney's only Michelin-starred restaurant . Victoria & Albert's in Disney's Grand Floridian Resort & Spa offers an upscale prix fixe meal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The famed restaurant, Victoria & Albert's inside the Grand Floridian Resort, offers prix fixe tasting menus starting at $295 a person with optional drink add-ons. I've been visiting Disney World for 20 years but never stepped foot inside the Grand Floridian restaurant until this month.

Persons: —, I've Organizations: Michelin, Floridian, Spa, Service, Disney, Business Locations: Disney's, Victoria

☆ We spent $20,980 to see the Formula 1 Grand Prix live. The luxury yacht party and epic balcony views weren't even the best parts.
▼ + stars: | 2024-06-12 | by ( Alyssa Jaffer | ) www.businessinsider.com time to read: +1 min

My fiancé and I splurged on a trip to Monaco for our very first Formula 1 Grand Prix. We also attended a luxurious yacht party and soaked in views of Monaco during the race. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMy fiancé and I saved up to celebrate our recent engagement in style during one of the year's most iconic, expensive weekends: the Formula 1 (F1) Monaco Grand Prix. The F1 Monaco Grand Prix is an annual race for drivers in the highest class of international racing for single-seater formula cars.

Persons: — Organizations: Monaco, Service, Prix, Morning, Business Locations: Monaco, Nice, France, Europe

☆ Trump’s Vegas Strategy: Run on Bad Luck
▼ + stars: | 2024-06-10 | by ( Jess Bidgood | ) www.nytimes.com time to read: 1 min

Keith Rose, a 64-year-old hot tub salesman, arrived at former President Donald Trump’s Las Vegas campaign rally yesterday wearing a necklace with a golden pendant shaped like a tiny horn. “It’s an Italian horn, a sign of luck,” Rose told me, although he clarified that, as a longtime Vegas resident who knows the house always wins, he does not believe in luck. “The odds are always going to be against you, no matter what,” he said. That’s the case for Trump these days, he added. He told Oprah Winfrey in the 1980s that there was no word more important than luck; he recently declared himself the personal good luck charm for the winner of the Miami Grand Prix.

Persons: Keith Rose, Donald Trump’s Las, It’s, ” Rose, ”, Oprah Winfrey Organizations: Vegas, Trump, Miami Grand Prix Locations: Donald Trump’s Las Vegas

☆ Max Verstappen navigates chaotic race in treacherous conditions to win third consecutive Canadian Grand Prix
▼ + stars: | 2024-06-10 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Red Bull’s Max Verstappen won the the Canadian Grand Prix on Sunday – his third successive triumph in Montreal – after the three-time world champion expertly navigated an unpredictable race at the Circuit Gilles Villeneuve. “I do think it was a very good team effort today,” Verstappen said in his post-race interview. But as conditions dried, Norris took his chance to overtake both Verstappen and Russell to take the lead. He was then left with too much distance to make up and was left hoping Verstappen and Red Bull would slip up. “We should have won today, simple as that,” a clearly frustrated Norris told reporters after the race.

Persons: Max Verstappen, Circuit Gilles Villeneuve, – Verstappen, “, ” Verstappen, ” McLaren’s Lando Norris, Verstappen, Mercedes ’ George Russell, weathers, Alessio Morgese, Russell, Norris, – he’s, ’ Norris, rueing, Red, ” Organizations: CNN, Canadian, Sunday, Montreal –, Circuit, Spanish Locations: Montreal

☆ Louis Vuitton: The Olympics embody our ‘DNA’
▼ + stars: | 2024-06-07 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

And at next month’s upcoming Games, Louis Vuitton are hoping they too will become a hallmark of the same grand occasion. The Olympic and Paralympic medals will be housed in a Louis Vuitton trunk. Annie Leibovitz/Courtesy Louis VuittonLVMH – the luxury conglomerate that owns Louis Vuitton – spent €150 million ($163 million) on its sponsorship deal with the Olympics, Vogue reported citing sources, though calculating the precise returns on this investment is “difficult,” said Beccari. “We are very close to sport,” Beccari said, recalling the slogan “Victory travels in Louis Vuitton,” the fashion house used when one of its trunks housed the FIFA World Cup in 2010. From Louis VuittonWhile Louis Vuitton posted record profits last year and LVMH outperformed other luxury brands, the current economic environment with rising inflation leaving consumers with less disposable income poses challenges ahead, though Beccari downplayed such difficulties.

Persons: Louis Vuitton, Vuitton, —, Enzo Lefort, Léon Marchand, Pauline Déroulède, Marie Patouillet —, Stephanie Lecocq, Pietro Beccari, “, ” Beccari, ”, Roger Federer, Rafael Nadal, Louis Vuitton's, Annie Leibovitz, Louis Vuitton –, Louis, CNN “, Federer, Nadal, They’re, LVMH, Beccari Organizations: Paris CNN, Olympic, Paralympic Games, Seven, CNN, de Monaco, Louis, Olympics, Vogue, FIFA Locations: France, Louis, Paris, French, Europe

☆ F1's new regulations suggest car makers are not done with the internal combustion engine yet
▼ + stars: | 2024-06-06 | by ( Chris Hawes | ) www.cnbc.com time to read: +3 min

If you want to see into the future of car making, the Formula One rulebook has often been a good place to start. But the sport's new regulations suggest that car makers are not pinning all their hopes on electrification. In 2026, F1 cars will be powered by hybrid engines with a 50:50 split between electric-power and internal combustion; crucially, the combustion engine will be powered by synthetic e-fuels. Another is Audi, which left Formula E in 2021 to join F1 in 2026, the same year that the German automotive company will stop producing new combustion engine cars and only release electric vehicles. One of the products Audi is ramping up is synthetic e-fuels, which use renewably-generated electricity to break water into hydrogen and oxygen before combining them with carbon dioxide.

Persons: Lewis Hamilton, Mercedes, Pat Symonds, Madeleine Orr, Alex Keynes Organizations: Petronas, Team, Prix, Monaco, CNBC, Honda, Audi, E, University of Toronto Locations: Montecarlo, Monaco

☆ A way to profit from a negative reversal in Chipotle if the consumer continues to weaken
▼ + stars: | 2024-06-03 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Investors may not have sufficiently accounted for the impact of stretched consumer finances on the discretionary sector. We'll review the dichotomy going on in the consumer discretionary sector and give a bearish trade on an outperforming stock once thought to be immune from some of the pressures. To some extent, the haves and have-nots divide explains the difference between the consumer discretionary stocks that have outperformed versus underperformed this year. Horton, YTD However, two industry groups within the consumer discretionary sector have not followed this pattern to the same degree. The trade: Chipotle The best-performing restaurant in the consumer discretionary sector so far this year is Chipotle Mexican Grill Inc. (CMG) up a market-crushing 36.8%.

Persons: Roland Garros, Ralph Lauren, Hermes, Versace, Prada, Calvin Klein, Tommy Hilfiger, Van Heusen, Horton, TOL, D.R, Tesla, Darden, YTD, Chipotle Organizations: Monaco, PVH Corp, IZOD, Carnival Corp, CCL, GM, Grill Inc, Darden, Starbucks Locations: Royal Caribbean, Horton

☆ Aston Martin gets a boost from Formula 1 and new high-performance models
▼ + stars: | 2024-05-31 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

"We're now at a really transitional moment, with an inflection point for this company," Stroll told CNBC. Aston Martin has overhauled and improved manufacturing, shored up its financials to make investments in the future, and is now launching a fleet of new products defined by high-performance and luxury finishes. Aston Martin has teased a new super-powered V-12, expected to be called Vanquish, later this year. The $800,000 Aston Martin hybrid Valhalla. Courtesy: Aston Martin

Persons: Aston Martin, Lawrence, We're, James Bond, Aston, Aston Martin F1 Team Lawrence, Frederic Vasseur, Chris Graythen, It's Organizations: CNBC, Aston, Aston Martin F1 Team, Ferrari Team, of Miami, Miami, Autodrome, Aston Martin Locations: British, Miami , Florida

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