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☆ From Sin City to Sports Central: How Las Vegas is betting big on a lucrative industry
▼ + stars: | 2023-11-19 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

But for many decades, the NFL and other leagues opposed having sport franchises in Las Vegas, most likely due to the city’s deeply rooted gambling industry. “Vegas fans tend to be sports fans, too, and sports have helped us expand the customer base that are willing to consider Las Vegas,” Hill said. And during the past two years, Las Vegas and other tourist-centric cities have benefitted from consumers’ post-pandemic splurges on experiences and travel versus goods. The Las Vegas Strip can be seen outside the lanai doors at Allegiant Stadium during a game on October 15, 2023, in Las Vegas, Nevada. Ethan Miller/Getty Images/FILEAs the pandemic wore on, construction continued on expanding the Las Vegas Convention Center as well as the Raiders’ Allegiant Stadium, among other projects.

Persons: ”, Andrew Woods, ” Woods, Woods, Roger Goodell —, ” Goodell, John Fisher, Steve Hill, ” Hill, Ethan Miller Organizations: Minneapolis CNN, Athletics, NCAA, NFL Pro Bowls, NBA, MLS, Center for Business, Economic Research, University of Nevada, Sunday’s, Las Vegas, Prix, UNLV’s Lee Business School, NFL, National Hockey League, Oakland Raiders, Major League Baseball, Oakland Athletics, Las Vegas Convention, Visitors Authority, UNLV, “ Entertainment Capital, Sports, Entertainment Capital, Las, Nevada Gaming Control, Getty, Las Vegas Convention Center, Raiders Locations: Minneapolis, Las Vegas, Vegas, Bellagio, Clark County , Nevada, Covid, United States, Las Vegas , Nevada

☆ It's been 2 years since the Nasdaq hit a record and it's gone nowhere since
▼ + stars: | 2023-11-18 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

The loudest investor chatter for months has insisted the heavyweights of the Nasdaq have been everything to the market in 2023. Sunday is the second anniversary of the all-time closing high in both the Nasdaq Composite and Nasdaq 100 indexes, which remain 12% and 4 % underwater even after their monster gains in recent months. It's relatively rare for the Nasdaq 100 – the most easily investable part of the Nasdaq and the one most reflective of the mega-cap dominance – to enter a two-year downturn. Only three of the Big Seven have outperformed the Nasdaq 100 over the past two years – Apple, Nvidia and Microsoft — while Meta Platforms has kept pace and Amazon, Alphabet and Tesla have lagged. Friday showed signs of outright rotation, the Russell 2000 up 1.3% versus a flat Nasdaq 100.

Persons: Invesco, Scott Chronert, we've, I've, –, Chronert, Apple's, What's, Berkshire Hathaway, Tony Pasquariello, Goldman Sachs, Russell, disinflation Organizations: Nasdaq, Sunday, QQQ, Citi, Apple, Nvidia, Microsoft, Meta, Berkshire, Fed Locations: lockstep, Berkshire, Whereto

LAS VEGAS (AP) — The visuals of the world-famous Strip expected to emerge from the Las Vegas Grand Prix on Saturday night has enticed sports bettors so much that the event is expected to set Formula One and motor sports wagering records. “Race weekend in Las Vegas has the potential to shatter every company record for the sport,” BetMGM chief revenue officer Matt Prevost said in a statement. Pullen said races typically draw bettors especially interested in that circuit, but Las Vegas is attracting more of the casual or cross-over gambler. “It'll blow away NASCAR,” Pullen said. The trend is similar at Caesars, with Verstappen going from minus-250 to minus-225 “and slowly coming down and down,” Pullen said.

Persons: ”, Adam Pullen, “ It’s, ” That's, Matt Prevost, Carlos Sainz Jr, Pullen, ” Pullen, it's, Max Verstappen, FanDuel, bettors, “ Organizations: LAS VEGAS, Las Vegas, Caesars Entertainment, Formula, Vegas, NASCAR, Caesars Locations: Las Vegas, U.S, East Coast, United States, Vegas, BetMGM, Saudi Arabia, Singapore, Azerbaijan

☆ Amazon to sell Hyundai vehicles online starting in 2024
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

A Hyundai Elantra N is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsLOS ANGELES, Nov 16 (Reuters) - Amazon (AMZN.O) will begin selling Hyundai (005380.KS) vehicles online in the U.S. starting next year, the two companies said on Thursday. Customers will be able to shop for, equip and buy a car at Amazon.com and schedule delivery through a local Hyundai dealer, the companies said. Hyundai set up its first digital showroom on Amazon in 2018. The new agreement also will enable buyers of new Hyundai vehicles in 2025 to access Amazon's Alexa voice assistant from their cars.

Persons: Aly, ”, Jay Chang, Paul Lienert, Bill Berkrot Organizations: Hyundai, Auto, REUTERS, Amazon.com, Los Angeles Auto, Thomson Locations: Auto Shanghai, Shanghai, China, KS, U.S, Detroit

☆ Stores Are Finally Giving Shoppers a Break on Prices
▼ + stars: | 2023-11-16 | by ( Sarah Nassauer | Suzanne Kapner | ) www.wsj.com time to read: 1 min

Target uses its almost 2,000 stores to deliver 95% of its online orders. Now it’s ramping up its speed by investing $100 million in local sorting centers to keep up with Amazon and Walmart. WSJ visits Target’s first sorting center to explore its store-centric strategy. For over a year, shoppers have pulled back on buying a range of discretionary items from cargo pants to patio furniture as prices for essential purchases such as food have gone up. Now, some retailers say inflation has cooled in many categories, which could further pressure sales growth.

Persons: it’s, Adam Falk Organizations: Amazon, Walmart, WSJ, Target’s

☆ Shoppers Are Finally Getting a Break on Prices
▼ + stars: | 2023-11-16 | by ( Sarah Nassauer | Suzanne Kapner | ) www.wsj.com time to read: 1 min

Target uses its almost 2,000 stores to deliver 95% of its online orders. Now it is ramping up its speed by investing $100 million in local sorting centers to keep up with Amazon and Walmart. WSJ visits Target’s first sorting center to explore its store-centric strategy. For over a year, shoppers have pulled back on buying a range of discretionary items from cargo pants to patio furniture as prices for essential purchases such as food have gone up. Now, some retailers say inflation has cooled in many categories, which could further pressure sales growth.

Persons: Adam Falk Organizations: Amazon, Walmart, WSJ, Target’s

☆ Inside Target’s Strategy to Compete With Amazon, Walmart in Fast Shipping
▼ + stars: | 2023-11-16 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Inside Target’s Strategy to Compete With Amazon, Walmart in Fast ShippingTarget uses its almost 2,000 stores to deliver 95% of its online orders. Now it’s ramping up its speed by investing $100 million in local sortation centers to keep up with Amazon and Walmart. WSJ visits Target’s first sortation center to explore its store-centric strategy. Photo: Adam Falk

Persons: it’s, Target’s, Adam Falk Organizations: Amazon, Walmart, Fast Shipping Target, WSJ

☆ Target Stock Surges as Earnings Overshadow Sales Decline
▼ + stars: | 2023-11-15 | by ( Sarah Nassauer | ) www.wsj.com time to read: 1 min

Target uses its almost 2,000 stores to deliver 95% of its online orders. WSJ visits Target’s first sortation center to explore its store-centric strategy. Photo: Adam FalkPeople are skipping their Target runs, but the company is finding ways to boost profits. Target sales fell in the period just before the holiday shopping season as it grappled with choosy shoppers cutting spending on some products and visiting stores less often. Comparable sales, those from stores and digital channels operating at least 12 months, fell 4.9% in the three months ended Oct. 28 from the prior year.

Persons: Target’s, Adam Falk

☆ U.S. Retail Sales Fall for First Time Since March as Holiday Season Approaches
▼ + stars: | 2023-11-15 | by ( Austen Hufford | ) www.wsj.com time to read: 1 min

Now it’s ramping up its speed by investing $100 million in local sortation centers to keep up with Amazon and Walmart. WSJ visits Target’s first sortation center to explore its store-centric strategy. Photo: Adam FalkConsumers spent less at stores, dealerships and gas stations last month, a sign the summer spending boom is cooling heading into the holiday shopping season. U.S. retail sales fell 0.1% in October from a month earlier, the Commerce Department said Wednesday. Declining retail sales, combined with slower hiring and easing inflation indicate that the economy is cooling after surprisingly strong growth much of this year.

Persons: it’s, Target’s, Adam Falk Consumers Organizations: Amazon, Walmart, WSJ, Commerce Department

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Disney, Microsoft, AMD, Amazon, Adobe & more
▼ + stars: | 2023-11-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley downgrades Freyr Battery to equal weight from overweight Morgan Stanley said the battery maker faces "significant challenges." Barclays upgrades Fortrea to overweight from equal weight Barclays said in its upgrade of the health contract research company that it sees improved bookings. Barclays upgrades Mosaic and Nutrien to overweight from underweight Barclays upgraded several potash and aggriculture companies and said a compelling entry point. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on shares of Tesla . Barclays reiterates Disney as equal weight Barclays said it's having trouble finding upside for Disney shares.

Persons: Wells, Needham, Docebo, Morgan Stanley downgrades Freyr, Morgan Stanley, FREY, Andrew Stanleick, Bernstein, Redburn, Goldman Sachs, Goldman, it's, Baird, Kraft Heinz, Miguel Patricio, " Roth, Marvell, Roth, Tesla, laggards, Evercore, TD Cowen, Cowen, We've Organizations: Microsoft, TAM, Deutsche Bank, Deutsche, UBS, Barclays, Mosaic, NTR, ICL, OW, UW, JPMorgan, Apple, Nvidia, Aspen Technology, Kraft, Marvell Technology, Devices, Tesla, Adobe, Disney Locations: BeautyHealth, U.S

☆ We watched 1,000 TikToks in one sitting. The algorithm served up a shocking number of ads, rivaling network TV.
▼ + stars: | 2023-11-11 | by ( Sebastian Cahill | Hannah Getahun | ) www.businessinsider.com time to read: +15 min

On TikTok, about a third of the content we watched were ads — but it didn't always feel that way. Other users have complained on the site that they are receiving ads "all over their FYP" or ads "every 6 videos." We focused solely on TikTok videos and slideshows and excluded TikTok stories and TikTok livestreams — even streams that were explicitly there to sell products, like QVC. The key difference is that you scroll past a TikTok ad. Kristen Schiele, a USC Marshall School of Business professor, told Insider we could see an increased ad volume since advertisers push more ad content around the holiday season.

Persons: TikTok, didn't, —, Hannah, Sebastian, TikTok livestreams, I'm, Trevor, I've, Kristen Schiele, Schiele, Soo Slick, Elizabeth Adeoye, Adeoye, she's, They've Organizations: Service, Intelligence, QVC, TikTok, Disney, USC Marshall School of Business, Amazon Locations: Southern California, Northern California, Bay, Nigerian

☆ At Dubai Design Week, an architect created a space for humans and pigeons to share
▼ + stars: | 2023-11-10 | by ( Manav Tanneeru | Arya Jyothi | ) edition.cnn.com time to read: +5 min

Among them, Dubai-based Syrian Ahmad Alkattan has created a cocoon-style intimate outdoor social space where designers can “hatch” their ideas. Alkattan’s design is part of the annual Dubai Design Week and won first place in its Urban Commissions competition, which invites designers and architects to develop innovative outdoor furniture. This year, more than 30 designs for installations submitted for DDW have been built in the city’s Design District. Dubai Design WeekAhead of the upcoming COP28 climate conference in Dubai, the theme for this year’s design week emphasizes sustainable practices and materials. “So [the competition] is a very relevant project not just for what is staged in Dubai Design Week, but where we can see this in the future.”Designest is Alkattan’s third attempt at winning the Urban Commissions category.

Persons: Ahmad Alkattan, “ Designest, Alkattan, Designest, “, I’ve, Mette Degn, Christensen, DDW, it’s, ”, Abdalla, TEE VEE, Degn Organizations: CNN, Design, Dubai Design, DDW, Mitsubishi, Tea Locations: Dubai, Dubai —, Venice, Arabi, UAE

She is one of thousands believed by rights activists to be in hiding in Pakistan to avoid deportation under a government push for undocumented migrants to leave the country. That includes over one million Afghans, many of whom the Pakistan government says have been involved in militant attacks and crime. 'WORSE THAN PRISON'Reuters spoke to a dozen undocumented migrants trying to stay under the radar of the nationwide sweep. "This is worse than prison," said a 22-year-old Afghan man who said he ensured the lights remained off at night. Some locals who are helping the Afghans arrange for food and water to be secretly smuggled into the shelter under the cover of night.

Persons: Saleh Zada, Akhtar Soomro, Sijal Shafiq, Shafiq, Wafa, I'm, Gibran Peshimam, Raju Gopalakrishnan Organizations: Reuters, REUTERS, Rights, Authorities, United Nations, Thomson Locations: Badakhshan province, Kabul, Karachi, Pakistan, Rights KARACHI, Afghanistan, United States, Hazara, Islamabad, France, Canada

☆ These Five Thanksgiving Pies Are a Dessert Lover’s Dream
▼ + stars: | 2023-11-09 | by ( Claire Saffitz | ) www.nytimes.com time to read: +1 min

Over many years, I’ve developed a method for making pie dough that’s as foolproof as possible, and I encourage you to try it. At the same time, pie dough can be an Achilles’ heel for many home cooks, so if you have a go-to recipe, feel free to use it. Since pies made scratch always require a lot of time, feel free to make just one or several. I highly recommend no actual pie-making on Thanksgiving Day, to keep your oven free for turkey and sides. I guarantee that by the time you cut into the pies, no one will care — or even remember — if your stuffing came from a box.

Persons: I’ve, Achilles ’

☆ Mark Zuckerberg ignored teen and user safety warnings from Meta executives
▼ + stars: | 2023-11-08 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

The disclosures highlight Zuckerberg’s sway over decisions at Meta that can affect billions of users. And they also shed light on tensions that have occasionally arisen between Zuckerberg and other Meta officials who have pushed to enhance user well-being. In response to the newly unsealed communications, Meta spokesman Andy Stone said such image filters are commonly used in the industry. “These unreacted documents prove that Mark Zuckerberg is not interested in protecting anyone’s privacy or safety. “Clegg’s comments follow a pattern and practice at Meta where employees repeatedly flagged under-investment in well-being tools, despite having the research,” Qureshi said.

Persons: Mark Zuckerberg, —, Zuckerberg, Adam Mosseri, Global Affairs Nick Clegg, Karina Newton, Fidji Simo, Margaret Gould Stewart, Simo, Mosseri, Stewart, Newton, Andrew Bosworth, Andy Stone, ” Stone, “, Stone, Meta, Clegg, Frances, Instagram, Haugen, ” Zuckerberg, Susan Li, Li, David Ginsberg, Ginsburg, Li “, Arturo Bejar, Bejar, Instagram’s, ” Bejar, I’ve, ”, Sacha Haworth, Zamaan Qureshi, ” Qureshi Organizations: CNN —, Facebook, Global Affairs, Massachusetts, Meta, CNN, ” Tech, Technology, Tech Locations: Massachusetts, United States, Mosseri

☆ These new fashion collections were designed by AI
▼ + stars: | 2023-11-07 | by ( Marc Bain | ) edition.cnn.com time to read: +4 min

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style. RevolveTwo of the winning collections came from designers with no fashion background. The winners designed their collections using AI image generators Midjourney and Stable Diffusion, and in some cases editing in Photoshop. RevolveSabral is "eager to share my unique vision that bridges the worlds of architecture, fashion design, and technology," he told Revolve in a statement. But in Abbasi’s view, one of the key learnings from AI Fashion Week is that the technology can also allow people who don’t necessarily have training in fashion to produce innovative designs.

Persons: José Sabral, Matilde Mariano, —, Betsey Johnson, Cyril Foiret, Maison, Nima Abbasi, Michael Mente, Strada, Heliot Emil, ” Organizations: The, Fashion, CNN, Maison Meta Locations: Portugal, Los Angeles, Milan, New York

☆ The US Army needs tanks to win a war in the Pacific, but it knows the Abrams isn't the right tank for the job
▼ + stars: | 2023-11-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

But it also knows that rivals are building weapons that are potent against the aging Abrams tank. The Army's main battle tank, the M1 Abrams, now faces two main problems. End of the Abrams eraA US Abrams tank that Iraqi officials said was destroyed in fighting south of Baghdad in April 2003. Threats to the Abrams tank's battlefield dominance, according to the Army Science Board. The Army Science BoardThe Army Science Board assessed various alternatives.

Persons: Abrams, —, China —, Eddie McCrossan, M1A1 Abrams, Scott Nelson, Charles Flynn, Bradley, KARIM SAHIB, Michael Peck Organizations: US Army, Service, Army, Pacific, Rivals, M1 Abrams, Army Science Board, ., Logistics, US Defense Department, Eddie McCrossan Tanks, Nazi, US Army Pacific, Board, for Army, sustainment, China, Abrams, Getty, The Army, Booker, Defense, Foreign Policy, Twitter, LinkedIn Locations: Europe, Asia, Russia, China, Fort Knox, Kentucky, Britain, America, Russo, Ukraine, East Asia, Japan, Malay, Korean, Vietnam, Kuwaiti, Fulda, East, West Germany, Baghdad, AFP, Pacific, Forbes

“We’re trying to make robots that can operate in human spaces.”Do we even need humanoids? Seemingly farther along is Tesla's Austin, Texas-based neighbor Apptronik, which unveiled its Apollo humanoid in an August video demonstration. “That led to development of a new robot that was not really a humanoid, but had several characteristics of a humanoid,” he said via an emailed message. Walking is "not the hardest problem to solve in humanoid robotics," said Geordie Rose, co-founder and CEO of British Columbia, Canada-based startup Sanctuary AI. “Forever more, human- centric robots like that are going to be part of human life.

Persons: hasn’t, Jonathan Hurst, “ We’re, Hurst, There’s, Brett Adcock, Elon Musk, —, “, Marc Raibert, Raibert, ”, Geordie Rose, Rose, ” Rose, Tye Brady, Damion Shelton, ” Shelton, Haleluya Hadero Organizations: Agility Robotics, tote, Amazon, Agility, Boston Dynamics, carmaker Hyundai, Robotics Locations: Oregon, Sunnyvale , California, Austin , Texas, British Columbia, Canada, Seattle

☆ ‘Sly’ review: Sylvester Stallone reminisces about his ‘Rocky’ rise in nostalgic Netflix documentary
▼ + stars: | 2023-11-03 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

Sylvester Stallone and Arnold Schwarzenegger can look back and laugh now about their heated rivalry as they once sought to one-up each other in terms of box-office muscle. Give Arnold the edge when it comes to Netflix documentary memoirs, with his eponymous three-parter easily topping “Sly,” a too Stallone-centric rumination on his “Rocky” rise. Sylvester Stallone earlier in his career, as seen in "Sly." Simply put, Zimny has sat back and allowed this to feel too much like a licensed product. Compared to the best of that fertile genre, though, it’s more of a lightweight than a genuine contender.

Persons: Sylvester Stallone, Arnold Schwarzenegger, Arnold, ”, Stallone, Dolph Lundgren, Rocky ”, Frank, “, “ Rambo, Sly, Schwarzenegger, Talia Shire, Quentin Tarantino, Henry Winkler, Thomas Zimny, “ Springsteen, Sage, –, Sly ”, Rocky, Zimny, “ Arnold, Val, Michael J, “ Sly ”, it’s Organizations: Netflix, Broadway, Fox Locations: Flatbush ”, contextualizing

☆ Elon Musk and Britain’s PM Rishi Sunak discuss AI’s risks and rewards
▼ + stars: | 2023-11-02 | by ( Manav Tanneeru | Jennifer Korn | ) edition.cnn.com time to read: +7 min

“I’m glad to see at this point that people are taking AI seriously,” Musk said to Sunak on Thursday. Musk and world leadersMusk’s conversation with Sunak is one of numerous chats with world leaders the SpaceX and Tesla CEO has joined in the past few months. Musk met with Israeli Prime Minister Benjamin Netanyahu in September, weeks before the outbreak of the Israel-Hamas war. Other big names that recently made time for Musk in their schedule include Italian Prime Minister Giorgia Meloni in June, Indian Prime Minister Narendra Modi in June and Turkish President Recep Tayyip Erdogan in September. Sunak and Musk discussed how digital super-intelligence could affect the public and require regulation the same way industries such as aviation and cars require regulation.

Persons: CNN — Elon, Rishi Sunak, ” Musk, Musk, Kamala Harris, Sam Altman, “ I’m, Sunak, Goldman Sachs, Benjamin Netanyahu, Netanyahu, Emmanuel Macron, Giorgia Meloni, Narendra Modi, Recep Tayyip Erdogan, “, Communications Shlomo Karhi, ”, ” Karhi, Alexandria Ocasio, Cortez, Walter Isaacson’s, Elon Musk, Isaacson, , Luke McGee, Ivana Kottasová, Sean Lyngaas Organizations: CNN, British, Safety, Lancaster House, Allied Forces codebreaking, US, Winchester College , Oxford, Stanford, European Union, SpaceX, Tesla, Israeli, Twitter, Defamation League, Italian, Indian, Communications, Hamas, US Democratic Rep, Russian Locations: London, Bletchley, Israel, United States, China, Gaza, Alexandria, Cortez, Crimean, Ukrainian, Sevastopol, Russia, Crimea, Korea, France

☆ How some HENRYs are aggressively saving their around 6-figure incomes while still splurging on what matters most to them
▼ + stars: | 2023-11-02 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

"When some people look at our lives, they say we are really thrifty, that we must feel limited or that we are missing out, but I don't feel held back," White said. AdvertisementAdvertisementWhite is one of the so-called HENRYs — or high earners, not rich yet — who are often younger people with significant discretionary income but who still don't feel financially stable. For many HENRYs, living below their means is the key to relying less on their working income in the future. Coupled with saving for retirement and paying off student loans — averaging $80,000 among Malani's clients — many don't have much money to spend. "In a lot of ways, saving money gives us freedom."

Persons: Gen Zers, —, hasn't, she's, White, Priya Malani, HENRYs, Malani, Sarah Baus, Baus, it's, splurging Organizations: Service, Hyundai Locations: Charleston, SC, Thailand, New York, California

☆ How Apple's thinking about AI spending and deployment differs from Big Tech rivals
▼ + stars: | 2023-11-01 | by ( Bob Woods | ) www.cnbc.com time to read: +9 min

And, of course, we've been doing research across a wide range of AI technologies, including generative AI, for years," he said. The upgraded camera uses machine-learning AI to tell the difference between a person and an animal in the frame. Laura Martin, a tech analyst at Needham, is among those who say Apple is "far behind" its big tech rivals. The early edge in generative AI is paying off for rivals, as was evidenced by Microsoft's recent earnings report. "We believe they are on the cusp of what will be the introduction of an AI App Store over the next year," he said.

Persons: Brendan Burke, That's, Tim Cook, Cook, we've, Siri, Apple, it's, Laura Martin, Martin, I'm, Ives, that's, what's, OpenAI, Google's Bard, Burke, Claude Organizations: Apple, Microsoft, Google, Vision Pro, Amazon Web Services, Bloomberg, Meta, Financial Times Locations: Cupertino, California, Seattle, Paris, Beijing, Anthropic

Pakistan is home to over 4 million Afghan migrants and refugees, about 1.7 million of whom are undocumented, according to Islamabad. Cash-strapped Pakistan, navigating record inflation and a tough International Monetary Fund bailout program, also said undocumented migrants have drained its resources for decades. The information minister for Balochistan province, which borders Afghanistan, told Reuters it is opening three more border crossings. Pakistani citizens who help undocumented migrants obtain false identities or employment will face legal action, Bugti warned. There are more than 2.2 million Afghan migrants in Pakistan with some form of documentation recognized by the government that conveys temporary residence rights.

Persons: Akhtar Soomro, Muhammad Rahim, Abdul Mutaleb Haqqani, Azizullah, Sohrab Goth, Mumtaz Zahra Baloch, Cash, Samar Abbas, Sarfaraz Bugti, Bugti, Abbas, Uzair Ahmed, Majida, we've, Muhammad, Ariba Shahid, Charlotte, Mohammad Yunus Yawar, Saleem Shahid, Katerina Ang Organizations: REUTERS, Rights, Reuters, Pakistani Interior Ministry, Foreign, Monetary Fund, Sindh Human Rights Defenders Network, Islamabad, Federal, UNHCR, International Organization for Migration, Karachi East Police, Afghan Ministry, Refugees, World Bank, U.N, Thomson Locations: Pakistan, Karachi, Rights KARACHI, Pakistani, Afghanistan, Islamabad, Sindh, Balochistan, AFGHANISTAN, Charlotte Greenfield, Kabul, Quetta

☆ Western companies are at risk of losing the biggest market race of all to China: Op-ed
▼ + stars: | 2023-10-31 | by ( Dewardric L. Mcneal | ) www.cnbc.com time to read: +6 min

In fact, it's well past the point when CEOs should have started recalibrating their approach to China. But when it comes to de-risking, there is now the risk it's one more race where we risk falling behind to China. There's a limited window available for foreign businesses in China's market to de-risk in a way that protects their shareholders' interests. On multiple occasions, we've witnessed foreign companies get this calculus and timing wrong. These examples underscore the risk of underestimating the complexities of the Chinese market and losing ground to local competitors over time.

Persons: Joe Biden, Xi Jinping, SAUL LOEB, Trump's, Xi Jinping's, There's, we've, Didi Chuxing Organizations: AFP, Getty, U.S, U.S ., Baidu, Huawei's Locations: Nusa Dua, Bali, China, U.S, China's

☆ Preetika Rana — Technology Reporter at The Wall Street Journal
▼ + stars: | 2023-10-30 | by ( Preetika Rana | ) www.wsj.com time to read: +1 min

Preetika RanaPreetika Rana is an award-winning reporter for The Wall Street Journal in San Francisco, where she covers ride-hailing and food-delivery companies. She was the first to report a new CEO at Lyft, deep cuts at Uber during the pandemic and Airbnb's financials before the company went public. Prior to covering Silicon Valley, Preetika was based in the WSJ's Hong Kong and India offices. Her front-page articles ranging from healthcare to human rights have helped shape government policy, aided investigations and triggered public outcry. Preetika has won several awards, including from The Society of Publishers in Asia, The Society of Professional Journalists and The Asia Society.

Persons: Preetika Rana Preetika Rana, financials, Preetika Organizations: Wall Street, Uber, The Society of Publishers, The Society of Professional Journalists, The Asia Society Locations: San Francisco, Lyft, Silicon, Hong Kong, India, Kashmir, Nepal, China, Asia

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