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☆ Honda recall 2023: Engine concerns impact Pilot, Ridgeline, Odyssey, Acura and other models
▼ + stars: | 2023-11-19 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

CNN —Honda is recalling almost 250,000 vehicles due to a manufacturing error that may damage the engine. 2018 and 2019 Honda Odysseys, 2016, 2018 and 2019 Pilots, and Ridgelines manufactured between 2017 and 2019 are also potentially affected. This recall brings the number of Honda vehicles recalled in 2023 up to more than three million. Honda said owners will be notified by letter in early January, and that dealers will inspect, repair and replace the engines for free. Vehicle owners can find out if their car is included in the recall by visiting www.recalls.acura.com or www.recalls.honda.com.

Persons: CNN — Honda, ”, Honda Odysseys, Honda, www.recalls.acura.com Organizations: CNN, National, Traffic, Acura, Honda

☆ Man United nears sale of 25% stake to Jim Ratcliffe for $33 a share -Sky News
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +4 min

The Glazer family announced last November that they were exploring "strategic alternatives" for the club, including a possible sale and were open to fresh investment. Manchester United's U.S.-listed shares rose 9.5% to $20.10 in early trading on Friday. Manchester United generates more revenue and has a larger fan base than its London rival. The Glazer family has faced intense criticism from fans over its handling of this key part of the club's operations. The six descendants of American businessman Malcolm Glazer, who died in 2014, currently control 96% of Manchester United's voting stock.

Persons: Glazer, Jim Ratcliffe, Ratcliffe, Sir Alex Ferguson, Richard Arnold, Roman Abramovich, Todd Boehly, Phil Noble, Malcolm Glazer, Ineos, Eva Mathews, Matt Scuffham, Arun Koyyur, Susan Fenton Organizations: Manchester, soccer, Sky News, Old, Manchester United, Premier League soccer, Chelsea, U.S, Clearlake, REUTERS, Reuters, Tampa Bay Buccaneers, Forbes, Ligue, Nice, Swiss Super League, FC Lausanne, Racing Club Abidjan, Ivory Coast Ligue, Grenadiers, Thomson Locations: Old Trafford, Manchester United's U.S, London, Manchester, Britain, Ineos, British, Bengaluru

☆ Man United nears $33 per share stake deal with Ratcliffe - Sky News
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

The offer represents a premium of 79.1% to the stock's Thursday closing price of $18.43, which gave the Old Trafford club a market capitalization of about $3 billion. Ratcliffe, also the chair of petrochemicals firm Ineos, would pay more than $1.5 billion for a 25% stake in United if his bid for the soccer club is accepted, Reuters reported in October. The Glazer family, which made its fortune in real estate, retail and healthcare and owns the NFL's Tampa Bay Buccaneers, bought the team for 790 million pounds in 2005. The six descendants of American businessman Malcolm Glazer, who died in 2014, together control 96% of Manchester United's voting stock. The deal was yet to be finalised and remained the subject of ongoing negotiations, Sky News reported on Friday.

Persons: Jim Ratcliffe, Phil Noble, Glazer, Ratcliffe, Malcolm Glazer, Richard Arnold, Patrick Stewart, Eva Mathews, Arun Koyyur Organizations: REUTERS, Manchester, soccer, Sky News, Old, U.S, Reuters, Tampa Bay Buccaneers, Premier League, Thomson Locations: Old Trafford, Manchester, Britain, United, Bengaluru

Among the catalysts are Palestinian and Jewish-led groups that have been active for years in opposing Israeli policies toward the Palestinians and who now demand a cease-fire in Gaza. The groups have roots in a movement known as BDS, which calls for the boycott, divestment and sanction of Israel. That campaign generated heated rhetoric long before Hamas militants attacked Israel on Oct. 7 and Israel launched its counteroffensive. Advocates wrote op-eds for campus newspapers with appeals to protect Palestinian human rights, often accusing Israel of colonialism and racism. Protests have led to disruptions on Capitol Hill, at a major train station in Chicago and New York City’s Grand Central Station.

Persons: Brant Rosen, IFNOTNOW IfNotNow, “ Young, ”, IfNotNow, ” Eva Borgwardt, ” IfNotNow, Ron Liebowitz, Brandeis, Ron DeSantis’s, Israel, Tom Horne, Hollingsworth, Crary, Anita Snow Organizations: Israel, New York, Grand, Station, Democratic, Committee, Jewish Voice, Peace, Twitter, Columbia University, Rabbinical, Defamation League, JVP, Zionist, “, Palestinian, JUSTICE, PALESTINE, Justice, Brandeis University, American Jewish, Brandeis, Republican Florida Gov, Virginia Attorney, Brown University, UNICEF, Amnesty International, Local, Lilly Endowment Inc, AP Locations: Israel, Gaza, there’s, United States, Chicago, New, Washington, Palestine, U.S, Canada, ”, American, Toledo , Ohio, Virginia, Scottsdale , Arizona, Mission , Kansas, New York, Phoenix

☆ UK insurer Aviva posts 13% rise in nine-month premiums
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

A man walks past an AVIVA logo outside the company's head office in the city of London March 5, 2009. REUTERS/Stephen Hird (BRITAIN)/File Photo Acquire Licensing RightsLONDON, Nov 16 (Reuters) - British insurer Aviva (AV.L) on Thursday posted a 13% rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders. Insurers have dealt with issues such as rising inflation and the higher cost of claims by increasing premiums. The life and general insurer, whose main markets are Britain, Canada and Ireland, reported premiums of 8 billion pounds ($9.91 billion), up from 7.2 billion a year earlier. "We see significant opportunities to generate further higher return, capital-light growth in the future as we prioritise these segments."

Persons: Stephen Hird, Amanda Blanc, Blanc, Eva Mathews, Carolyn Cohn, Huw Jones, Sherry Jacob, Phillips, Jason Neely Organizations: AVIVA, REUTERS, Aviva, RSA, Reuters, Thomson Locations: London, BRITAIN, British, Britain, Canada, Ireland, Bengaluru

☆ Imperial Brands expects profit growth next year, raises dividend
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 14 (Reuters) - Imperial Brands (IMB.L) on Tuesday forecast revenue and profit growth next year led by the second half helped by pricing actions and investments in tobacco alternatives. The maker of Winston cigarettes, Backwoods cigars and Golden Virginia rolling tobacco reported an adjusted operating profit of 3.89 billion pounds ($4.78 billion) for the year ended Sept. 30, up from 3.69 billion. Imperial said next year it anticipates low-single-digit revenue growth, while it expects adjusted operating profit close to the middle of its mid-single digit range. This means adjusted operating profit will likely grow by low single digits in the first half, it continued. Imperial raised its annual dividend by 4%, and said its ongoing multi-year share buyback would increase 10% in 2024.

Persons: Dado Ruvic, Winston, Stefan Bomhard, Imperial, Eva Mathews, Emma Rumney, Subhranshu Sahu, Jason Neely Organizations: Imperial Brands, REUTERS, Thomson Locations: Virginia, Bengaluru, London

☆ Water beads: Lawmaker calls for national ban on children’s toy due to health risks
▼ + stars: | 2023-11-13 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

CNN —Government officials, public health professionals and concerned parents are calling on Congress to ban water beads, a children’s toy that they say poses significant health risks. Water beads are tiny balls made out of extremely absorbent polymer material. Pall also emphasized that water beads have been responsible for 4,500 emergency room visits nationwide since 2017, and that these incidents have grown more frequent. Most recently, the Commission and company Buffalo Games recalled about 52,000 Chuckle & Roar Ultimate Water Beads Activity Kits in September. Hoehn-Saric said that, beyond the Commission’s recalls, the CPSC is investigating taking further action regarding potentially harmful chemicals in water beads.

Persons: Frank Pallone Jr, ”, Pallone, they’ve, “, Alex Hoehn, Saric, Harpreet Pall, Pall, ” William Wallace, Pallone’s, Ashley Haugen, ” Haugen Organizations: CNN — Government, Consumer Product Safety Commission, Target, Walmart, Amazon, CNN, Hackensack Meridian Health, Children’s, Consumer, Senate, Republicans, Commission, Buffalo Games Locations: New Jersey, Hackensack

The logo of Swiss Financial Market Supervisory Authority FINMA is seen outside their headquarters in Bern, Switzerland April 5, 2016. We want reform so that we don't end up in the same mess again as we had with Credit Suisse." Earlier this year, Switzerland's financial regulator deflected blame for the collapse of the country's second-biggest bank saying it had been quick to respond, calling instead for more powers to take lenders to task. The regulator, however, has enjoyed little support among Swiss politicians, many of whom long sought to keep it weak. In the run up to the collapse of Credit Suisse, FINMA saw a string of key departures.

Persons: Ruben Sprich, Eva Herzog, Herzog, FINMA, Noele Illien, Sharon Singleton Organizations: Swiss Financial Market, Authority, REUTERS, UBS Group, Credit Suisse, Swiss, UBS, International Monetary Fund, Thomson Locations: Bern, Switzerland, Europe, Swiss

☆ Peter Nygard trial verdict: Former fashion mogul found guilty on 4 counts of sexual assault
▼ + stars: | 2023-11-12 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Former fashion mogul Peter Nygard was found guilty of four counts of sexual assault in a Toronto court on Sunday, following a six-week trial. The accusers were then “forcibly sexually assaulted, drugged, and/or coerced into sexual contact with Nygard,” according to the US indictment. Nygard consented to be extradited to the United States in 2021 but in 2023 he appealed against extradition, according to court documents reviewed by CBC. Nygard served as chairman of Winnipeg-based women’s clothing company Nygard International, which he founded in 1967. In March 2020, Nygard International filed for bankruptcy protection in Canada and the United States after the sex trafficking allegations.

Persons: Peter Nygard, Nygard, “, Ken Frydman, CNN’s Sheena Jones, Madeline Holcombe, Laura Ly, Sonia Moghe, Ray Sanchez Organizations: CNN, of, Prosecutors, CBC, Nygard International, Nygard Locations: Toronto, United States, Southern, of New York, Winnipeg, Canada

☆ ‘The Marvels’ struggles at box office on opening weekend
▼ + stars: | 2023-11-12 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

1 at the box office in its opening weekend but grossed just $47 million in domestic sales, according to studio estimates on Sunday. In fact, “The Marvels” is only the third Marvel movie to make less than $60 million during its opening weekend, and the first since “Ant-Man” opened with $57 million in 2015. The lackluster opening weekend numbers for “The Marvels” are also symptomatic of overarching studio challenges in recent years, say experts. Marvel’s November offering last year, “Black Panther: Wakanda Forever,” which was also a sequel to an Infinity-Saga-era film, made nearly four times the domestic opening weekend earnings as “The Marvels” with more than $181.3 million. However, the video-game-based movie is also available online for Peacock subscribers, and streaming may siphon off some moviegoers.

Persons: CNN —, ”, “, BoxOffice, Shawn Robbins, ” Paul Dergarabedian, Logan, ” Dergarabedian, Ms, Marvel, Robbins, ” Robbins Organizations: CNN, Marvel, “ Marvel, BoxOffice Pro, Disney, Peacock Locations: Comscore

☆ Gina Raimondo seeks better ties with China amid tensions over tech, Taiwan
▼ + stars: | 2023-11-11 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Ahead of high-stakes meetings next week between the United States and China, US Commerce Secretary Gina Raimondo dismissed the notion there would be a military conflict with China over Taiwan. Both the United States and China “have a desire to stabilize (their) relationship,” Raimondo told CNN’s Christiane Amanpour in an interviewed that aired Saturday. Raimondo noted the world is looking to the United States and China “to be responsible and manage this relationship.”Raimondo acknowledged there is a “great competition” with China, echoing similar sentiments expressed by President Joe Biden, who has stated the United States wants competition with China, rather than outright hostility and conflict. At the same time, Raimondo said she has told China “there can be no negotiation when it comes to matters of national security,” particularly with regard to semiconductor chips used to manufacture advanced weapons. Also on the table are issues surrounding military communication between the United States and China, the climate crisis and narcotics trafficking.

Persons: Gina Raimondo, ” Raimondo, CNN’s Christiane Amanpour, Raimondo, Joe Biden, ”, Mao Ning, —, Biden, Xi Jinping Organizations: CNN, US, China, Commerce Department, San Francisco Bay Area Locations: United States, China, Taiwan, San Francisco Bay

☆ Spirits giant Diageo's shares suffer Latin American hangover
▼ + stars: | 2023-11-10 | by ( Eva Mathews | ) www.reuters.com time to read: +2 min

"Macroeconomic pressures in the region are resulting in lower consumption and consumer downtrading," the world's biggest spirits maker said. Last month, Mexico's Becle (CUERVO.MX), the world's largest tequila producer, said economic challenges in Europe and Latin America were slowing customer spending on liquor, which battered its profits. "Over time, as inflation moderates and productivity from our supply agility program flow through, we expect operating profit to grow ahead of organic net sales growth," Diageo said. Diageo narrowly beat earnings estimates for the year ended June 30, as sales of its more expensive liquor brands offset lower volumes. Reporting by Eva Mathews in Bengaluru; Editing by Rashmi Aich, Emelia Sithole-Matarise and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Clodagh, Johnnie Walker, Julio, Sophie Lund, Yates, Hargreaves Lansdown, Mexico's, Eva Mathews, Rashmi Aich, Emelia, Alexander Smith Organizations: REUTERS, Caribbean ., Diageo, Thomson Locations: Dublin, Ireland, North America, Africa, Latin America, Europe, America, Bengaluru

☆ Diageo warns on first-half profit on muted LatAm, Caribbean performance
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

Pints of Guinness are seen in a pub, in Dublin, Ireland March 20, 2023. REUTERS/Clodagh Kilcoyne/File Photo Acquire Licensing RightsNov 10 (Reuters) - Johnnie Walker whisky maker Diageo (DGE.L) on Friday said it expected organic operating profit growth to decline in the first half of its current financial year due to "materially weaker" performance in Latin America and Caribbean. "Macroeconomic pressures in the region are resulting in lower consumption and consumer downtrading," the world's biggest spirits company said in a statement. Latin America and Caribbean makes up nearly 11% of the company's net sales, according to Diageo. Sales in the region are now expected to decline by more than 20%, year-on-year, in the first half of fiscal 2024, the company added.

Persons: Clodagh, Johnnie Walker, Eva Mathews, Rashmi Organizations: REUTERS, Diageo, Thomson Locations: Dublin, Ireland, America, Caribbean, Bengaluru

☆ Billionaire FBI informant Peter Thiel dished about two Kremlin invites to private Putin meetings
▼ + stars: | 2023-11-10 | by ( Mattathias Schwartz | Hans-Martin Tillack | ) www.businessinsider.com time to read: +18 min

It was Angermayer who introduced Bisslinger to Thiel at the party, Thiel would later tell the FBI. After some small talk, Bisslinger made a pitch to Thiel: Thiel should travel to Russia to attend the St. Petersburg International Economic Forum. If Thiel chose to attend, Bisslinger said, Bisslinger would arrange for him to meet privately with Putin. "Even if Mr. Angermayer did introduce Mr. Thiel and Mr. Bisslinger," the lawyers wrote in another letter, "Mr. Angermayer is not—and cannot be—responsible for whatever Mr. Bisslinger and Mr. Thiel may or may not have discussed." At his 40th birthday, he connected Peter Thiel with a Russian diplomat, Thiel later told the FBI.

Persons: Peter Thiel, Christian Angermayer, Thiel, Daniil Bisslinger, Bisslinger, Vladimir Putin's, Angermayer, Putin, Maksim Konstantinov, —, Frank Figliuzzi, Vladimir Putin, — Charles Johnson —, Johnathan Buma, Johnson, Welt, Dmitry Peskov, John Lamparski, Donald Trump, — Thiel, Der Spiegel, he'd, Elon Musk, Musk, Thiel —, he's, Palantir, He's, Uma Thurman, Robbie Williams, Queen Latifah, Paul Kagame, Dan McCrum, John Kerry, Richard Grenell, Kerry, Sensei Biotherapeutics, Trump, Dmitry Medvedev, Medvedev, Maureen Dowd, Alexander Schütz, Eva Schütz, Schütz, — Heinz, Christian Strache, Markus Braun, Jan Marsalek, Marsalek, Caroline Haskins, Katherine Long, Jack Newsham, Mattathias Schwartz, Hans, Martin Tillack Organizations: Kremlin, Tech, Pentagon, CIA, Facebook, SpaceX, Kremlin's Ministry of Foreign Affairs, Russian Embassy, Thiel, St ., Economic, Getty, FBI, Atlantic, Bisslinger, Germany, Elon, Russia, NSA, US Special Operations Command, National Health Service, Apeiron Investment, Munich Security, intel, Trump, State Department, Angermayer's, PayPal, Nasdaq, Sciences, The New York Times, Deutsche Bank, Welt Locations: Silicon Valley, Schloss Neuwaldegg, Vienna, Silicon, Moscow, Russian, Berlin, Russia, St, St . Petersburg, Petersburg, Ukraine, Europe, Germany, NATO, Crimea, Ukrainian, Sevastopol, Palantir, Washington, Rwanda, Baltic, Belarus, Iran, Angermayer's Malta, Munich, China, China's, Austrian, Austria, Exxpress, Wirecard, schwartz79@protonmail.com

Friday's early calls include an upgrade to a restaurant software stock and a big downgrade to a solar name. The bank downgraded Unity stock to neutral from outperform, also slashing its target price to $20 from $55. Analyst Doug Anmuth's updated price target of $510 could mean that there's still 17% room for the stock to go. Analyst Jonathan Block's price target of $70 signifies a 13% upside from the stock's Thursday closing price of $62.16. Koning has a price target of $18 per share, implying upside of nearly 30% over the next 12 months.

Persons: Baird, Tim Nollen, Lisa Kailai Han, Carlo Santarelli, — Lisa Kailai Han, JPMorgan downgrades, Drew Chamberlain, Doug Anmuth's, Anmuth, NFLX, Henry Schein, Jonathan, Freyr, BTIG, Gregory Lewis, FREY, Lewis, Stephens, Joshua Long . Long, Long, Portillo's, Mgmt, Chris Dendrinos, Dendrinos, Baird Baird, David Koning, Koning, — Fred Imbert, Julien Dumoulin, Smith, Fred Imbert Organizations: CNBC, Bank of America, Macquarie, Unity, Wynn Resorts, Deutsche Bank, JPMorgan, JPMorgan downgrades Enviva, Netflix, FR, European Union, RBC Capital, FTC Solar Bank of America, FTC Solar, FTC Locations: Macquarie, Unity, UAE, Boston, Norway, Portillo's, Thursday's

☆ Italy reach BJK Cup semis, Australia stay alive
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Paolini, who like Trevisan also won her singles against France, then dispatched Anna-Lena Friedsam 6-3 6-2. It is the first time Italy have reached the semi-finals of the competition since 2014. Captain Alicia Molik changed her line-up and world number 155 Storm Hunter rewarded her faith by posting a 7-6(2) 6-4 victory against Anna Danilina, ranked a lowly 802nd. Later on Thursday, reigning champions Switzerland face the United States in Group A needing to win to stay in the hunt. Canada can secure their place in the semi-finals if they beat a Poland side without world number one Iga Swiatek.

Persons: Billie Jean King, Jasmine Paolini, Germany's Anna, Lena Friedsam REUTERS, Marcelo Del Pozo, Martina Trevisan, Eva Lys, Trevisan, Anna, Lena Friedsam, Alicia Molik, Storm Hunter, Anna Danilina, Yulia Putintseva, Kim Birrell, Hunter, Ellen Perez, Martyn Herman, Toby Davis Organizations: La, Germany, France, Slovenia, Kazakhstan, Switzerland, United States, Thomson Locations: Seville, Spain, Italy, Kazakhstan, France, Germany, Australia, Slovenia, United, Canada, Poland

It also expects total revenue to increase by a mid single-digit percentage, compared with low-to-mid single-digit growth previously. For the third consecutive quarter, strong sales of AstraZeneca's blockbuster cancer treatments and healthy demand for its drugs in emerging markets offset the loss of sales of its COVID-19 vaccine and therapy. The results add to a string of strong quarters for Britain's biggest company by market capitalisation - worth 159 billion pounds ($195 billion) - bolstered by a strong pipeline of drugs. It said that in the first nine months of 2023, nine medicines delivered more than $1 billion in revenue. Excluding sales of its COVID-19 products, third-quarter sales rose 12% to $2.96 billion in emerging markets on a constant currency basis.

Persons: Phil Noble, China's, Maggie Fick, Eva Mathews, Nivedita Bhattacharjee, Mark Potter Organizations: AstraZeneca, REUTERS, Britain's, Thomson Locations: Macclesfield, England, China, London, Swedish, Bengaluru

☆ Nikki Haley Is Gaining Ground - The New York Times
▼ + stars: | 2023-11-08 | by ( Katherine Miller | ) www.nytimes.com time to read: +3 min

She’d need to continue dominating debates; she’d need to not fade or completely lose it when Mr. Trump turns a real attack on her; and more than anything she’d need a substantive critique, even if gently delivered, of Mr. Trump to feel true and land with people. A win in Iowa or New Hampshire for Ms. Haley would reset the entire primary. That response likely derived from the ridiculous period after Jan. 6, when Ms. Haley criticized Mr. Trump harshly, then seemed to dial it back. Part of it is the smooth, pain-free way Ms. Haley entered and extricated herself from the Trump administration, after criticizing him in 2016 and endorsing Marco Rubio. This picture of Ms. Haley culminated in Vivek Ramaswamy congratulating her on her future on the Raytheon board.

Persons: Trump, Haley, Sarah Palin, Mitt Romney, today’s, Jan, Mr, extricated, Marco Rubio, Vivek Ramaswamy, Eva Braun, “, Rex Tillerson, Tim Alberta, Stuart Stevens, Marjorie Taylor Greene, Nikki, Katon Dawson, ” Organizations: Mr, South Carolina Legislature, Ivy, Raytheon, Democratic Party, Yorker, “ Locations: New Hampshire, Iowa, South Carolina, Alberta

☆ Adyen lowers mid-term sales target, aims to slow hiring
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

The Adyen logo is seen at the reception desk of the company's headquarters in Amsterdam, Netherlands August 24, 2018. "Overall targets are lowered from previous targets and while likely more realistic, they still look ambitious," Jefferies analysts said in a note. Adyen added it would aim to improve its core profit (EBITDA) margin to above 50% in 2026. This year so far, Adyen has lost about half its market value which currently stands at 21.58 billion euros. It said it would slow down hiring, and that it hired 175 full-time employees over the quarter, which was "substantially below" Jefferies' expectations.

Persons: Eva Plevier, Adyen, France's, Jefferies, Olivier Sorgho, Piotr Lipinski, Elaine Hardcastle, Josie Kao Organizations: REUTERS, Netflix, Spotify, Jefferies, New, Thomson Locations: Amsterdam, Netherlands, New York, U.S

☆ The No. 1 thing parents are 'completely forgetting' to teach their kids today, says a parenting expert and mom
▼ + stars: | 2023-11-05 | by ( Eva Moskowitz | ) www.cnbc.com time to read: +1 min

As the founder and CEO of Success Academy Charter Schools, I've spent decades working with parents and educating students from underserved communities. Too often, I see parents putting so much energy into teaching their kids to act responsibly, clean their room, or do their homework. All of that is important, but there's one thing that many of us are completely forgetting about: how to enjoy life. Sure, that seems like one thing kids do naturally. There's a difference between enjoying life as a young child and being prepared to enjoy life as an adult.

Persons: I've Organizations: Success Academy Charter Schools

☆ Advil maker Haleon misses revenue estimates as North America demand drags
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsCompanies Haleon Plc FollowGSK plc FollowNov 2 (Reuters) - Haleon (HLN.L) missed market estimates for third-quarter revenue on Thursday, as the world's largest consumer healthcare firm grappled with weak demand for its painkillers, digestive health and vitamin supplements in North America. For the three months ended Sept. 30, Haleon reported a 5% organic increase in revenue to 2.79 billion pounds ($3.40 billion), but it came slightly below analysts' expectations of 2.83 billion pounds, according to a company-compiled consensus. The company said overall volumes for the quarter declined by 1.6%, while North America revenues fell 7.5% on a reported basis. Haleon, which was carved out of British drugmaker GSK (GSK.L) last year, has been raising prices to offset high costs. ($1 = 0.8215 pounds)Reporting by Eva Mathews in Bengaluru; Editing by Rashmi Aich and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Haleon, Eva Mathews, Rashmi Aich, Gerry Doyle Organizations: New York Stock Exchange, REUTERS, GSK, Consumer, Thomson Locations: New York City, U.S, North America, British, Bengaluru

☆ Three-Stock Lunch: Eli Lilly, DoorDash and Target
▼ + stars: | 2023-11-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Eli Lilly, DoorDash and TargetEva Ados, ERShares CIO, joins 'Power Lunch' to discuss three stocks: Eli Lilly, DoorDash and Target.

Persons: Eli Lilly, DoorDash, Eva Ados Organizations: ERShares

☆ How generative AI's uncomfortable relationship with copyright law will determine the future of the industry
▼ + stars: | 2023-11-01 | by ( Riddhi Kanetkar | Tasmin Lockwood | ) www.businessinsider.com time to read: +7 min

Rights holders argue that AI using their work without a license should be considered "unauthorized derivative work" — an infringement of copyright law. Meanwhile, AI startups insist that their models comply with fair-use doctrine, which grants them some leeway to others' works. This month, Universal Music Group sued the AI startup Athropic for circulating copyrighted lyrics. He believes that future regulations may explicitly forbid AI data scraping. "They can train models on data that's not universally available to customers, and tell them it's licensed and compliant."

Persons: Eva Toorenent, who's, that's, Simon Menashy, Menashy, Ekaterina Almasque, OpenOcean Almasque, Getty, Sunny Dhillon, Harvey, Horowitz, Andre Retterath, GDPR, CCPA, Taylor, Swift Organizations: Universal Music Group, Getty, Harvard Business, MMC Ventures, Kyber Knight Capital, Nvidia, Earlybird Venture Locations: what's, Europe

☆ GSK lifts annual forecasts on strong launch of RSV vaccine
▼ + stars: | 2023-11-01 | by ( Eva Mathews | ) www.reuters.com time to read: +3 min

Arexvy, launched in the United States recently, recorded third quarter sales of 709 million pounds ($862 million), trouncing analysts' expectations of 358 million pounds, according to a company-compiled consensus. GSK accounts for close to two-thirds of RSV shots given in the United States since early September, according to IQVIA data. Full-year sales are seen between 900 million pounds and 1 billion pounds for the shot, GSK said. The company faces about 79,000 cases related to Zantac in the United States, with 73,000 of them in Delaware and scheduled for trial starting January 2024. For the third quarter, Shingrix, the company's top-selling drug for shingles, generated 825 million pounds in sales.

Persons: Dado Ruvic, Abrysvo, Dani Saurymper, Emma Walmsley, Eva Mathews, Maggie Fick, Tomasz Janowski, Mark Potter Organizations: GSK, GlaxoSmithKline, REUTERS, stg, CVS, Pfizer, Pacific Asset Management, GSK's, Thomson Locations: London, United States, U.S, Europe, Japan, Delaware, Bengaluru

☆ T.J. Holmes and Amy Robach return to the air with a podcast. ‘Nothing is off limits’ for the former ABC anchors
▼ + stars: | 2023-11-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Former ABC News anchors T.J. Holmes and Amy Robach are on-air partners again, this time with a new podcast. The pair are joining iHeartMedia to host a new “highly anticipated” weekly podcast, called “Amy & T.J.” beginning December 5, the company announced Wednesday. It’s the “first time Robach and Holmes speak publicly since their own names became a part of the headlines,” a released teased. The duo was taken off the air, and later released from the network, following a report of an undisclosed romantic relationship earlier this year. Last December, photos surfaced in the Daily Mail showing the pair apparently engaged in a romantic relationship.

Persons: Holmes, Amy Robach, Amy, T.J, ”, Kim Godwin, ” Holmes, Robach, Eva Pilgrim, DeMarco Morgan Organizations: New, New York CNN, Former ABC News, Spotify, Daily, ABC Locations: New York, ”

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