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☆ Bonmati scores twice as Spain outclass Switzerland with 5-0 win
▼ + stars: | 2023-09-26 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

CORDOBA, Spain, Sept 26 (Reuters) - Aitana Bonmati scored a brace to help World champions Spain thrash Switzerland 5-0 in a Nations League group game on Tuesday. Spain were playing their first game at home after winning the World Cup in Australia last month and following the furore caused by former Spanish Federation (RFEF) boss Luis Rubiales kissing player Jenni Hermoso on the lips at the medal ceremony. "We were looking forward to celebrating with the fans," Bonmati told TVE. Lucia Garcia and Putellas both had good early chances to open the scoring from close-range denied by Swiss goalkeeper Elvira Herzog. Reporting by Fernando Kallas Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Aitana Bonmati, Luis Rubiales, Jenni Hermoso, Alexia Putellas, Irene Paredes, Bonmati, Lucia Garcia, Putellas, Elvira Herzog, Herzog, Caldentey, Garcia, Olga Carmona, Oroz, Fernando Kallas, Toby Davis Organizations: Spain, Nations League, Spanish Federation, Nuevo Arcangel, women's, TVE, Swiss, UEFA, League, Thomson Locations: CORDOBA, Spain, Switzerland, Australia, Cordoba, Paris, Sweden, Italy

☆ US new home sales tumble in August
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +3 min

New home sales plunged 8.7% to a seasonally adjusted annual rate of 675,000 units last month, the Commerce Department said on Tuesday. July's sales pace was revised higher to 739,000 units from the previously reported 714,000 units. Economists polled by Reuters had forecast new home sales, which account for a small share of U.S. home sales, falling to a rate of 700,000 units. New home sales are counted at the signing of a contract, making them a leading indicator of the housing market. At August's sales pace it would take 7.8 months to clear the supply of houses on the market, up from 7.0 months in July.

Persons: Octavio Jones, Freddie Mac, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Rights, U.S, Commerce Department, Reuters, Treasury, Federal Reserve, Data, National Association of Home Builders, Thomson Locations: Tampa , Florida, U.S, Wells Fargo, West, Midwest, Northeast

☆ US consumer confidence ebbs in September
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

A woman carries shopping bags during the holiday season in New York City, U.S., December 21, 2022. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsWASHINGTON, Sept 26 (Reuters) - U.S. consumer confidence fell for a second straight month in September amid worries about higher prices and the political environment, a survey showed on Tuesday. The Conference Board said its consumer confidence index dropped to 103.0 this month from an upwardly revised 108.7 in August. "Consumers also expressed concerns about the political situation and higher interest rates. The decline in consumer confidence was evident across all age groups, and notably among consumers with household incomes of $50,000 or more."

Persons: Eduardo Munoz, Dana Peterson, Consumers, Lucia Mutikani, Chizu Organizations: REUTERS, Rights, Board, Reuters, Conference Board, Thomson Locations: New York City, U.S

☆ US government shutdown would delay release of key economic data, official says
▼ + stars: | 2023-09-25 | by ( Lucia Mutikani | ) www.reuters.com time to read: +3 min

That means the unemployment insurance weekly claims data will also not be published during any shutdown this time. “Most services provided by the Census Bureau would cease, including production of Economic Census data, production of economic indicators, and work on the American Community Survey,” the official said. That means delays in the release of key data, including the retail sales, housing starts and new home sales reports for September. Depending on the duration of the shutdown, the release of the first estimate of third-quarter GDP due in late October could also be delayed. As a self-funding agency, the Fed would continue to release data, policy statements and other reports.

Persons: Evelyn Hockstein, ” Organizations: WASHINGTON, U.S, United States Capitol, REUTERS, Labor Department’s Bureau of Labor Statistics, Commerce, Analysis, Federal Reserve, Republican Party, Leaders, Republican, House, of Labor Statistics, Biden, Reuters, “, Labor Department, BLS, Training Administration, American Community Survey, Fed Locations: Washington , U.S, Commerce Department’s, U.S

CNN —A Mafia boss who spent nearly three decades evading law enforcement before he was arrested in January has died while receiving medical treatment, according to Italian media reports. Crime was a family affair for Messina Denaro, born to a known Mafia boss in Sicily on April 26, 1962. Among those arrested in the 2009-2010 crackdown was his brother, Salvatore Messina Denaro, who refused to testify about his whereabouts. In 2013, his sister, Patrizia Messina Denaro, was sentenced to 14 years in prison, a term she is still serving, for being a member of the Mafia. Felia Allum, professor of comparative organized crime and corruption at the UK’s University of Bath, said in January that Messina Denaro was the last of an old generation of Mafia bosses.

Persons: CNN —, Matteo Messina Denaro, San Salvatore, Rai, Maurizio de Lucia, Messina Denaro, Giovanni Falcone, Paolo Borsellino, Falcone, Borsellino, Giuseppe Di Matteo, Maddalena, Bernardo Provenzano, Salvatore Messina Denaro, Patrizia Messina Denaro, Felia Allum, ” Organizations: CNN, Cosa Nostra, San, Sicilian Mafia, Cosa, Mafia, UK’s University of Bath Locations: L’Aquila, Italy, Palermo, Europe, Milan, Florence, Rome, Messina, €, Corleone, Sicily, Cosa

☆ WTA roundup: Greet Minnen, Yulia Putintseva advance in China
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

The unseeded Putintseva eliminated third seed Tatjana Maria of Germany 6-4, 6-7 (6), 6-0. Putintseva converted six of 12 break points and saved nine of 11, overcoming Maria's 6-1 edge in aces. Minnen, the seventh seed, ousted fourth seed Lucia Bronzetti of Italy 6-7 (8), 6-4, 6-1. Top seed Magda Linette of Poland avoided the upset in defeating fifth seed Rebeka Masarova of Spain 7-5, 7-6 (6). In the semifinals, Dolehide will face countrywoman Sofia Kenin, who was a 6-4, 6-7 (6), 6-1 winner over Canada's Leylah Fernandez on Thursday.

Persons: Belgium's, Minnen, Venus Williams, Shannon Stapleton, Kazakhstan's Yulia Putintseva, Putintseva, Tatjana Maria, Lucia Bronzetti, Magda Linette, Rebeka, China's Xiyu Wang, Wang, Linette, Caroline Dolehide, Martina Trevisan, Dolehide, Trevisan, countrywoman Sofia Kenin, Canada's Leylah Fernandez, Maria Sakkari, Colombia's Emiliana Arango, Caroline Garcia of Organizations: Tennis, U.S, REUTERS, Guangzhou, Slovakian Viktoria Hruncakova, Guadalajara Open Akron, Caroline Garcia of France, Victoria Azarenka, Thomson Locations: Flushing Meadows , New York, United States, China, Germany, Italy, Poland, Spain, Putintseva, Guadalajara, Mexico

☆ The Apple-Disney deal that could actually happen
▼ + stars: | 2023-09-21 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

And Apple has long been seen by some analysts as the most obvious acquirer of all or part of Disney. Iger said he considers the studio, streaming, and parks businesses (where the company recently set plans to invest $60 billion over the next decade) to have the most value. It would be hard to imagine operating the parks or streaming businesses without owning the popular franchises that fuel them. Ives envisions a deal where Apple pays for exclusive access to ESPN content and game broadcasts, with an acquisition following down the road. I believe it's a matter of not if, but when Apple buys ESPN."

Persons: Bob Iger, Steve Jobs, Tim Cook, Biden, that's, Gregg Abella, Iger, David Rogers, Apple, it's, Dan Ives, Cook, Ives Organizations: Disney, ABC, FX, Geographic, ESPN, Apple, Pixar, Jobs, Apple's, Investment Partners, Management, Star, Marvel, Columbia University, Verizon, MLS, Messi, Insider, Wedbush Securities, Google

☆ US weekly jobless claims, continuing claims at eight-month low
▼ + stars: | 2023-09-21 | by ( Lucia Mutikani | ) www.reuters.com time to read: +4 min

Hundreds of people line up outside the Kentucky Career Center, over two hours prior to its opening, to find assistance with their unemployment claims, in Frankfort, Kentucky, U.S. June 18, 2020. Though demand for labor is slowing, overall labor market conditions have remained tight despite higher interest rates. "The U.S. labor market continues to outperform expectations," said Eugenio Aleman, chief economist at Raymond James. The so-called continuing claims declined 21,000 to 1.662 million during the week ending Sept. 9, also the lowest level since January, the claims report showed. Continuing claims remain historically low, a reminder that labor market conditions are still tight.

Persons: Bryan Woolston, Eugenio Aleman, Raymond James, Unadjusted, Jerome Powell, Stellantis, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: Kentucky, Center, REUTERS, Bryan Woolston Acquire, United Auto Workers, UAW, Labor Department, Reuters, Reserve, Ford, GM, Chrysler, Workers, Thomson Locations: Frankfort , Kentucky, U.S, WASHINGTON, Indiana, California, South Carolina , New York, Georgia, Kansas, Ohio

☆ Rupert Murdoch is stepping down from running Fox and News Corp. and is handing the reins to his son Lachlan
▼ + stars: | 2023-09-21 | by ( Rebecca Cohen | Lucia Moses | ) www.businessinsider.com time to read: +4 min

Rupert Murdoch is stepping down from his role at Fox and News Corp., according to a company statement. "For my entire professional life, I have been engaged daily with news and ideas, and that will not change," Murdoch wrote. AdvertisementAdvertisementIt's unclear how Murdoch's media empire will change post-Rupert. Lachlan Murdoch, 52, has been CEO since 2019 after the baton switched back and forth between him and his brother James as to who would succeed their father. And while he's privately criticized Trump, he's also said that the Fox audience supports the former president, suggesting he knows that supporting Trump is good for Fox's business, CNN has reported.

Persons: Rupert Murdoch, Murdoch, Lachlan, Lachlan Murdoch, Trump, Jeanine Pirro, Maria Bartiromo, Lou Dobbs, Rudy Giuliani, Sidney Powell, Donald Trump, James, Rupert, He's, Tucker Carlson, he's Organizations: Fox, News Corp, Fox Corp ., Fox News, London, Voting, Dominion, Google, Meta, Street Journal, Hollywood, Fox Nation, CNN Locations: Rupert, FanDuel

☆ Read Rupert Murdoch's memo to staff announcing he's stepping down from Fox and News Corp.
▼ + stars: | 2023-09-21 | by ( Lucia Moses | Grace Kay | ) www.businessinsider.com time to read: +4 min

Rupert Murdoch said Thursday he's stepping down as chair of Fox and News Corp.Murdoch will exit his role in November. His eldest son, Lachlan Murdoch, will be his successor. In a memo to staff, Murdoch wrote, "Our companies are in robust health, as am I." Dear Colleagues,I am writing to let you all know that I have decided to transition to the role of Chairman Emeritus at Fox and News. When I visit your countries and companies, you can expect to see me in the office late on a Friday afternoon.

Persons: Rupert Murdoch, Murdoch, Lachlan Murdoch, Lachlan, — Organizations: Fox, News Corp, Service, Media, Century Fox, Fox Broadcasting, Fox News, Street Locations: Wall, Silicon, cahoots

SANTA LUCIA, Mexico, Sept 20 (Reuters) - There is still work to be done with Mexican authorities to smooth over hiccups caused by the government-mandated move of cargo flights from the nation's busiest airport to a farther-away airport, a UPS executive said on Wednesday. UPS kicked off cargo flights at the Felipe Angeles International Airport (AIFA) - a year-old, military-run airport backed by the country's president - last month, said Francisco Ricaurte, the firm's Mexico and Latin America head, in an interview with Reuters at the hub. Mexico earlier this year ordered cargo carriers stop operating at the Mexico City International Airport (AICM), pushing them to use AIFA instead in a bid to reduce oversaturation at AICM. The decree applies only to flights carrying only cargo, while passenger flights are still permitted to bring cargo to AICM. Ricaurte said UPS was still using its storage facilities at AICM as well as the depot it jointly operates at AIFA.

Persons: Francisco Ricaurte, Ricaurte, Mexico Ken Salazar, AICM, Kylie Madry, Lincoln Organizations: UPS, Felipe Angeles International Airport, Latin America, Reuters, Mexico City International, Thomson Locations: SANTA LUCIA, Mexico, Latin, AICM, AIFA

☆ Why Barbie, Star Trek, and Star Wars succeed where other movie franchises fail to capitalize on fandoms, according to a new study
▼ + stars: | 2023-09-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Fandom unveiled the top 25 game and TV/film franchises of 2023 with Marvel, One Piece, Elder Scrolls, and Harry Potter following Star Wars. The idea was to give a unified view on what's capturing fan attention and why, said Perkins Miller, Fandom's CEO. Fandom study describes why franchises fans buy. "We saw original fans far less likely to watch those," Iaffaldano said of the animated shows. FandomOverall, world-building, as exemplified by Star Wars, was the most important factor in love of a franchise, cited by 32%.

Persons: Scrolls, Harry Potter, Perkins Miller, Warner, David Zaslav, Bob Iger, Marvel, Barbie, hasn't, Zelda, Anthony Iaffaldano, Iaffaldano, It's, Miller, they're Organizations: Star Wars, Marvel, Star, deca, Warner Bros, Discovery, Disney, Nintendo, Netflix, Paramount

☆ Read the 16-page pitch deck that 'Million Dollar Listing' star Josh Flagg and his cofounders used to raise $1.7 million for their real estate media startup
▼ + stars: | 2023-09-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Celebrity real estate agent Josh Flagg, media exec Griff O'Brien, and investor Andrew Shanfeld have teamed up to launch Estate Media, a personality-driven media company. Real estate has become a huge pop culture topic, aided by reality TV series like "Selling Sunset" and the "Million Dollar Listing" franchise. The company will offer content created with a network of real estate personalities who, Estate Media said, reach a collective 25 million followers. While the real estate industry has come down from its pandemic frenzy, O'Brien believes Estate Media can ride ups and downs in the market. Scroll down to see the deck Estate Media used to raise its seed round.

Persons: Josh Flagg, Griff O'Brien, Andrew Shanfeld, O'Brien, Flagg, Shanfeld, Jack Davis, Chip, Joanna Gaines —, There's, Margot Ettedgui, TikToker Aaron Grushow, Robert Rivani, Glennda Baker, Ricky Carruth, Adam Weitsman, Chris Heller, Rich Antoniello, Austin Rief, Devin Emery, Brian Goldsmith, Ricky Van Veen, Justin Killion, Spence Markel Organizations: Estate Media, Entertainment, Crypt, HGTV, Los Angeles, Estate, Ojo Labs, Complex Networks, Austin, Morning, Growth Partners, Powerhouse Capital, CollegeHumor

☆ WTA roundup: Madison Keys loses Guadalajara opener
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Keys, the tournament's fourth seed, received a first-round bye. Navarro converted five of her seven break-point opportunities, while Keys broke serve three times on five chances. Navarro advances to face former U.S. Open finalist Leylah Fernandez of Canada, who knocked out 13th-seeded Elise Mertens of Belgium 6-3, 6-4. 1 Ons Jabeur of Tunisia routed the United States' Alycia Parks 6-2, 6-2, and No. The United States' Sofia Kenin eliminated 12th-seeded Anhelina Kalinina of Ukraine 6-2, 7-6 (5).

Persons: Madison Keys, Aryna Sabalenka, Mike Segar, Keys, Navarro, Leylah Fernandez, Elise Mertens, Maria Sakkari, Australia's Storm Hunter, Caroline Garcia of France, Ekaterina Alexandrova, Poland's Magdalena Frech, Sofia Kenin, Lucia Bronzetti, Yi Yang, Bronzetti, Yang's, Uchijima, France's, Tatjana Maria of, Alexandra Eala, Daria Saville of, Germany's Anna, Lena Friedsam, Viktoria Hruncakova, Russian Anna Kalinskaya, Viktorija, Yulia Putintseva, Xiyu Wang, Yue Yuan, Zhuoxuan Bai Organizations: Madison, Belarus, Aryna Sabalenka REUTERS, U.S, Australia's Storm, Poland's, United, Thomson Locations: Flushing Meadows , New York, United States, Guadalajara, Mexico, Open Akron, U.S, Canada, Belgium, Tunisia, Greece, Belarus, Russia, Ukraine, Guangzhou, Italy, Taiwan, China, Tatjana Maria of Germany, Philippines, Daria Saville of Australia, Slovakia, Russian, Switzerland, Kazakhstan

☆ Hollywood is bracing for a 'land grab' for production studios and a scramble to restart films and TV shows once the strikes end
▼ + stars: | 2023-09-19 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Some Hollywood studios have long-term leases in place at soundstages and can control what they film and when, but most producers book stages for specific productions. And until the strikes are resolved, it's difficult to plan ahead, so most productions are waiting to move forward. But several high-level studio execs, studio investors, and producers told Insider the gears are starting to turn, with some productions beginning scenario planning. Of course, no one's expecting spending on new entertainment to be what it once was once the strikes end. Some projects were ready to start production, with sets already built, or were in mid-production on a TV series.

Persons: that's, Elsa Ramo, Ramo, Hal Rosenbluth, he's, Atlanta's, Steve Greenberg, Christian Simonds, Reed Smith, they'll, Rosenbluth, it's, They're, Alison Brower Organizations: Hollywood, Guild of America, Alliance, Television Producers, SAG, Kaufman Astoria Studios, New York's, Netflix, Warner Bros, Wall Locations: soundstages, Hollywood, New

☆ US housing starts hit three-year low; surge in permits point to underlying strength
▼ + stars: | 2023-09-19 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

The decline in housing starts reported by the Commerce Department on Tuesday was the largest in a year and occurred across the board. Housing starts tumbled 11.3% to a seasonally adjusted annual rate of 1.283 million units last month, the lowest level since June 2020. Data for July was revised lower to show starts accelerating to a rate of 1.447 million units instead of the previously reported 1.452 million units. Single-family housing starts, which account for the bulk of homebuilding, dropped 4.3% to a rate of 941,000 units last month. They were boosted by a 14.8% surge in multi-family housing permits to a rate of 535,000 units.

Persons: Mike Blake, homebuilding, Daniel Vielhaber, Hilary, Freddie Mac, Goldman Sachs, Nancy Vanden Houten, Jeffrey Roach, Lucia Mutikani, Chizu Nomiyama, Paul Simao, Andrea Ricci Organizations: REUTERS, Commerce Department, Federal, Nationwide, Reuters, U.S, Treasury, National Association of Home Builders, Oxford Economics, Realtors, LPL Financial, Thomson Locations: Rancho, San Diego , California, U.S, WASHINGTON, Columbus , Ohio, homebuilding, Northeast, Midwest, Wells Fargo, New York, Charlotte , North Carolina

☆ How Hudson River Park Helped Revitalize Manhattan’s West Side
▼ + stars: | 2023-09-19 | by ( Jane Margolies | Lucía Vázquez | ) www.nytimes.com time to read: +1 min

Twelve hundred tons of sand arrived last month in Hudson River Park, the sliver of green space on the western edge of Manhattan, and it took only a quarter-century to get there. George E. Pataki signed the law authorizing the creation of the park, he vowed it would have a beach. Now, on the 25th anniversary of the Hudson River Park Act — which turned a strip of dilapidated warehouses and rotting piers along the city’s mightiest river into a sprawling park network — West Siders will finally get to wriggle their toes in the sand. The beach is part of a larger effort to complete the park and knit together its disparate sections, which have been developed in bits and pieces over the years. The newest projects expected to open soon are Gansevoort Peninsula, a recreational area off Gansevoort Street that includes the beach as part of a $73 million overhaul, and Pier 97, a $47 million project off 57th Street that will have a big playground.

Persons: George E, Pataki, Siders Organizations: Gov Locations: Hudson River, Manhattan, Hudson

☆ Higher gasoline prices lift US retail sales, trend slowing
▼ + stars: | 2023-09-14 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

Retail sales rose 0.6% last month. Higher gasoline prices boosted producer prices in August, other data from the Labor Department showed on Thursday. Excluding gasoline stations, retail sales rose 0.2% last month. Sales at food services and drinking places, the only services category in the retail sales report, rose 0.3% after increasing 0.8% in July. Excluding automobiles, gasoline, building materials and food services, retail sales edged up 0.1% in August.

Persons: Mike Blake, Christopher Rupkey, Goldman Sachs, Nancy Vanden Houten, Lucia Mutikani, Chizu Organizations: REUTERS, Commerce Department, Federal Reserve, Reuters, U.S . Energy Information Administration, Labor Department, Treasury, delinquencies, New York Federal Reserve, Gross, Oxford Economics, Thomson Locations: Carlsbad , California, U.S, WASHINGTON, New York

☆ Bob Iger's grand plan for Disney is moving fast with reported talks to sell ABC
▼ + stars: | 2023-09-14 | by ( Madeline Berg | Lucia Moses | ) www.businessinsider.com time to read: +5 min

Disney is in talks to sell ABC to Nexstar, Bloomberg first reported. But the reported talks are another sign that Iger means business when it comes to Disney's streaming future. The company's direct-to-consumer business reported a loss of $2.2 billion in the first nine months of the year — 12% less than during the same period last year. But even if he does sell ABC — and manages to get a good price for it, despite its ominous future — his challenges are far from over. AdvertisementAdvertisementSo, then, what does the deal to sell ABC mean?

Persons: Bob Iger's, Bob Iger, Iger, Peter Csathy, he's, ABC's, Brian Roberts, there's, it's Organizations: Disney, ABC, Nexstar, Bloomberg, Service, Nexstar Media Group, Walt Disney Company, CNN, ESPN, Hulu, Hollywood, Magic Locations: Wall, Silicon, Sun, Iger, Hulu —, Hollywood, Magic Kingdom

☆ Read the 12-page pitch deck 2 brothers used to raise $2 million for Strada, an AI startup to streamline content creation
▼ + stars: | 2023-09-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Brothers Michael and Peter Cioni, former Adobe and Netflix execs, have raised $1.9 million for their startup, Strada. Strada is a platform that promises to make production work more efficient. Check out the pitch deck they used to raise funds from big Hollywood filmmakers and others. A pair of brother entrepreneurs is betting that they can help video creators bring their projects to life faster by harnessing AI to streamline the production process. Michael and Peter Cioni — former execs at Adobe and Netflix, respectively — left those roles to build their new startup, Strada.

Persons: Michael, Peter Cioni, Peter Cioni —, —, Glenn Ficarra, John Requa, Jason Fotter, Kim Snyder Organizations: Adobe, Netflix, Strada, Hollywood, Ataboy Studios, Donut Media, Panavision

☆ Higher gasoline prices seen boosting US inflation in August
▼ + stars: | 2023-09-13 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

"It's going to be a mixed picture, with headline inflation picking due to higher gasoline prices and core inflation remaining contained," said Sam Bullard, a senior economist at Wells Fargo in Charlotte, North Carolina. "The Fed would be encouraged by the continued moderation trend in core inflation, but it's still too high." While that would mark the second straight month of a pick up in annual inflation, year-on-year consumer prices have come down from a peak of 9.1% in June 2022. In the 12 months through August, the core CPI is forecast to have increased by 4.3%. "Under our new forecast for CPI health insurance, we continue to expect core CPI and especially core services ex.

Persons: Sam Bullard, it's, Ronnie Walker, Goldman Sachs, James Knightley, Lucia Mutikani, Timothy Gardner Organizations: Federal Reserve, Labor Department, U.S . Energy Information Administration, CPI, Financial, Labor Department's Bureau of Labor Statistics, United Auto Workers, General Motors, Ford Motor, ING, Thomson Locations: WASHINGTON, Wells, Charlotte , North Carolina, U.S, I'm, New York

☆ Gasoline fuels US consumer inflation; underlying trend still improving
▼ + stars: | 2023-09-13 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

The consumer price index increased by 0.6% last month, the largest gain since June 2022. Gasoline prices, which jumped 10.6% after rising 0.2% in July, accounted for more than half of the increase in the CPI last month. While that marked the second straight month of a pick-up in annual inflation, year-on-year consumer prices have come down from a peak of 9.1% in June 2022. The so-called core CPI had increased 0.2% for two consecutive months. In the 12 months through August, the core CPI increased 4.3%.

Persons: bode, Phillip Neuhart, Chris Zaccarelli, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: Federal Reserve, Labor Department, First Citizens Bank, U.S . Energy Information Administration, Treasury, Independent, Reuters, Reuters Graphics Financial, Labor Department's Bureau of Labor Statistics, United Auto Workers, General Motors, Ford Motor, Thomson Locations: WASHINGTON, New York, U.S, Charlotte , North Carolina

☆ A top Amazon exec reveals how she's using 'Thursday Night Football' to rope in new brands for the tech giant's $38 billion ads business
▼ + stars: | 2023-09-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Non-endemic advertisers have been a crucial part of Amazon's ability to expand its ad business more broadly, which totaled $38 billion in 2022. Last year, Amazon made custom ads for DraftKings with "TNF" analysts Ryan Fitzpatrick and Richard Sherman previewing a same-game betting parlay. The matchup will be shown for free on Prime Video, offering advertisers a wider audience than those with an Amazon Prime membership (Amazon ended 2022 with 168 million members , according to CIRP). In another move that will have big implications for some advertisers, Amazon is exploring dynamic advertising, a more targeted form of messaging that's tailored to the individual (i.e. Beyond non-endemic ads featuring "TNF" talent, fans can also expect to see more spots featuring themes of gender equality.

Persons: Amy McDevitt, they've, McDevitt, It's, General Mills, Raquel Navarrski, Navarrski, Ryan Fitzpatrick, Richard Sherman, you've, Amazon's Organizations: Amazon, NFL, General, Miami Dolphins, New York Jets, Brands

☆ Streaming subscribers are ready for added services, new research shows, as companies like Disney and Warner Bros. Discovery race to build bundles
▼ + stars: | 2023-09-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

The greatest interest was in shopping discounts (50%); 45% expressed interest in a bundle of more than one streaming service. "There's a way to differentiate yourself by tapping into those opportunities," he said of respondents' interest in other services. Of all countries surveyed, the appetite for streaming bundles was the strongest in the US, with 59% interested in streaming packages that included other streaming services or broadband/internet. Disney offers Disney+, ESPN+, and Hulu for one price and is in the process of migrating Hulu content into Disney+. EY also asked about recent price hikes for streaming services and found rising subscription fees haven't caused widespread cancellations.

Persons: EY, Tom Loozen, Peacock, HBO Max, David Zaslav, They're, Bob Iger, Loozen Organizations: EY Global Telecommunications Leader, Media, Comcast, Warner Bros, Discovery, AMC, Paramount, Walmart, Sky . Disney, Disney, ESPN, HBO, Apple, Hulu, Star, Paramount Global, Showtime Locations: Canada, EU, Asia, Hulu

Fifty years after a 1973 coup in Chile that ushered in 17 years of brutal military rule and saw some 40,000 people imprisoned, disappeared, tortured or killed, Reuters went with five former political prisoners to the sites of their confinement. Carlos Gonzalez was arrested and tortured by Pinochet's secret police in 1976 at the age of 28. For months he was held in detention centers, including the Tres Alamos and Cuatro Alamos political prison camps in Santiago. Chile returned to democracy in 1990, though Pinochet himself was never convicted of a crime and died in 2006. Reporting by Ivan Alvaredo and Natalia Ramos; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Viola, Carlos, Alejandra, General Augusto Pinochet, Carlos Gonzalez, Gonzalez, Salvador Allende, Pinochet, Alejandra Holzapfel, Ingrid Olderock, Holzapfel, Viola Todorovic, Ivan Alvaredo, Natalia Ramos, Adam Jourdan, Rosalba O'Brien Organizations: Reuters, Tres, Cuatro, Valech, MIR, Londres, Thomson Locations: Chile, Tres Alamos, Cuatro Alamos, Santiago ., Santa Lucia, Santiago

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