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Why Netflix Doesn’t Mind if You Pick Its Cheapest Plan
  + stars: | 2023-07-07 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: netflix
Ads Are Streaming TV’s Next Big Hit
  + stars: | 2023-07-07 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: netflix
Meta Threads the Right Needle to Poke Twitter
  + stars: | 2023-07-06 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
The third quarter is a key time for extreme weather events. An El Niño weather pattern is widely expected for 2023. "Following three years of La Niña, climate scientists expect 2023 to have El Niño conditions with near-100% certainty given current signals," Karp said in a note to clients last month. Insurers are also among the stocks to typically move in relation to extreme weather events. This year should be a fairly typical one for hurricanes, as El Niño is typically linked to a less severe season.
Persons: Nature, , Sophie Karp, La, Karp, El, bode, Morgan Stanley, Andrei Stadnik, Stadnik, Matthew Carletti doesn't, hasn't, Jefferies, Yaron Kinar, Brown, Arthur J, Gallagher, Aon, Niño, Generac, Aaron Jagdfeld, Bob Huang, bullish, — CNBC's Michael Bloom Organizations: National Oceanic, Atmospheric Administration, Energy, DTE Energy, WEC Energy, CNBC Pro's, WEC, Xcel Energy, Portland General Electric, Edison International, CenterPoint, Southern Company, Duke Energy, Nextera Energy, El, Insurance Australia Group, Suncorp, Arch Capital, Everest Re, Bloomberg, Arch Locations: El, Canada, U.S, Gulf, Pacific Northwest, California, Michigan, Avista, Portland, American, Mexico, CenterPoint Energy, Bermuda, Texas
Higher reinsurance rates can affect the premiums which insurers charge to their customers. U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said. Reinsurance rates for similar policies in Florida rose 30-40%, the broker added. State Farm said in May it would stop selling new insurance policies to homeowners in California. Reinsurance rates for some types of aviation war policies rose by up to 100% on the July 1 renewal date, Gallagher Re said.
Persons: Mike Blake, Gallagher Re, James Vickers, Gallagher, Hurricane Ian, Aon, Carolyn Cohn, Noor Zainab Hussain, Louise Heavens Organizations: REUTERS, Farm, Gallagher Re, Reuters, Vickers, Hurricane, U.S, Industry, Boeing, Thomson Locations: Laguna Niguel , California, U.S, California, Florida, In Florida, Russia, Khartoum, London, Bengaluru
Roundup: Guardians overcome Cubs' 9th-inning rally, win in 10
  + stars: | 2023-07-03 | by ( ) www.reuters.com   time to read: +11 min
Chicago then erased a 6-2 hole by scoring four times against Guardians All-Star closer Emmanuel Clase in the ninth. Boston right-hander Garrett Whitlock (right elbow tightness) allowed one run before being removed after the first inning, and Chris Martin (2-1) earned the win with a 1-2-3 eighth. Blake Sabol hit a two-run, pinch-hit homer as part of the Giants' short-lived, three-run rally in the seventh. Matching a season high with seven innings, Singer allowed one run on four hits to collect his first win since June 4. In 3 2/3 innings, Los Angeles starter Tony Gonsolin (4-3) allowed four runs on six hits with three walks and three strikeouts.
Persons: Josh Naylor, Naylor, Adbert Alzolay, Sam Hentges, Aaron Civale, Christopher Morel, Chicago, Emmanuel Clase, Jared Young, Cam Gallagher, Trey Mancini, Cody Bellinger, Alex Verdugo, Jarren Duran, Garrett Whitlock, Chris Martin, Verdugo, Jordan Romano, Brandon, Pete Alonso, Alonso, Tommy Pham, hadn't, Blake Sabol, Luis Matos, Jordan Westburg, Aaron Hicks, Jhoan Duran, Felix Bautista, Sonny Gray, Willi Castro, Cole Irvin, Tyler Stephenson, Nick Martinez, Stephenson, Joey Votto, Andrew Abbott, Seong Kim, Fernando Tatis Jr, William Contreras, Monasterio, Colin Rea, Devin Williams, Nick Gonzales, Josh Palacios, Orlando Arcia, Ozzie Albies, Travis d'Arnaud, Spencer Strider, Sandy Alcantara, Stone Garrett, Jeimer Candelario, Trevor Williams, Nick Castellanos, Realmuto, Bryce Harper, Brandon Marsh, Ranger Suarez, Brady Singer, Nicky Lopez, Singer, Maikel Garcia, Tony Gonsolin, David Peralta, Jordan Montgomery, Louis, Brendan Donovan, Gerrit Cole, Gleyber Torres, Chas McCormick's, McCormick, Josh Sborz, Hector Neris, Aroldis Chapman, Andrew Heaney, Shohei Ohtani, Mickey Moniak's, Zac Gallen, Moniak, Jose Caballero, Eugenio Suarez, Tom Murphy, Andres Munoz, Paul Sewald, Randy Arozarena, Isaac Paredes, Jason Adam, Zach Remillard, Jake Burger, Eloy Jimenez, Tony Kemp, JJ Bleday, Seth Brown, Brent Rooker, Tyler Wade, Javier Baez, Jake Marisnick, Spencer Torkelson, Kerry Carpenter, Jake Rogers, Zach McKinstry, Matt Vierling, Matt Manning, Randal Grichuk, Ryan McMahon, Harold Castro, Kris Bryant, Jurickson, Connor Seabold Organizations: Cleveland Guardians, Chicago Cubs, Chicago, Cleveland, Cubs, Red Sox, Blue Jays, Boston, Toronto, Brandon Belt, Mets, Giants, New, San Francisco, Derby, Philadelphia Phillies, Orioles, Minnesota, The Orioles, Baltimore, Reds, Padres, Cincinnati, San Diego, Brewers, Pirates, Milwaukee, Pittsburgh, Braves, Marlins, Orlando, Atlanta, Miami, The Braves, Nationals, Phillies, Philadelphia, Royals, Dodgers, Kansas City drubbed, The Dodgers, Cardinals, Yankees, New York, Astros, Rangers, Houston, Texas, Diamondbacks, Arizona, Mariners, Rays, Seattle, Tampa Bay, White Sox, Athletics, Oakland, Angels, Tigers, Rockies, Detroit, Colorado, Thomson Locations: New York, San, Baltimore, Minnesota's, Washington, J.T, Kansas, Kansas City drubbed Los Angeles, Angeles, Montgomery, Texas, Arlington , Texas, Los Angeles, Anaheim , Calif, California, Anaheim, Denver
Apple at $3 Trillion Is a Vision Quest
  + stars: | 2023-06-30 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
Micron’s Long Road Back Hits China Detour
  + stars: | 2023-06-29 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
Box Office Fool’s Gold Dulls Theater Recovery
  + stars: | 2023-06-27 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
Bernard Arnault, head of luxury-goods conglomerate LVMH, has a net worth larger than that of Elon Musk and Jeff Bezos. WSJ’s Nick Kostov explains how the French business magnate amassed his fortune and how he plans to keep that wealth under family control. Photo: Nicholas Kamm/Agence France-Presse/Getty ImagesOne of the great basketball questions of the year was finally answered on Thursday evening at the NBA draft. No, not if Victor Wembanyama, the 7-foot-4 French sensation, would be the No. But what would the most-hyped basketball prodigy since LeBron James wear to his coronation?
Persons: Bernard Arnault, Elon Musk, Jeff Bezos, Nick Kostov, Nicholas Kamm, Victor Wembanyama, LeBron James Organizations: Agence France, NBA
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Persons: Dow Jones Locations: milan
Intel Digs Deep Inside to Make Foundry Push Work
  + stars: | 2023-06-22 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: intel
[1/5] Alpaca Fureai Land's Shinya Ide and Shion Ito walk alpacas Akane and Satsuki in the early morning in Tokyo, Japan June 21, 2023. REUTERS/Kim Kyung-HoonTOKYO, June 22 (Reuters) - The quiet of early morning streets in one downtown Tokyo neighbourhood is broken by joggers, parents with children in strollers - and a pair of alpacas, out for their daily constitutional walk. Manager Shinya Ide (no relation) says the secret to the 5-year-old alpacas' appeal is that looking at them is comforting, and petting them even more soothing. "Alpacas are naturally very nervous and timid animals, so when people approach them, they may spit or run away, making them difficult animals to interact with," he added. "But these two are trained and have naturally laid-back personalities, so they are accustomed to people now and interact well."
Persons: Land's Shinya Ide, Shion Ito, Akane, Satsuki, Kim Kyung, Hoon TOKYO, joggers, Nana Ide, Shinya Ide, Chris Gallagher, Elaine Lies, Lincoln Organizations: REUTERS, Thomson Locations: Tokyo, Japan, strollers, South America
WASHINGTON — A House committee exploring economic competition between the U.S. and China on Thursday released a damning report connecting retail giants Shein and Temu to a disproportionate number of import violations. Lawmakers argue the tariff violations give Temu and Shein unfair advantages over U.S. retailers. Both companies have faced allegations of human rights abuses: Shein for alleged forced labor in its supplier factories in the Uyghur region and Temu for allegedly failing to develop compliance with the Uyghur Forced Labor Prevention Act, the committee reported. Temu and Shein did not immediately respond to a request for comment on the report. Temu has previously said it is "not the importer of record with respect to goods shipped to the United States," and Shein has denied allegations of forced labor.
Persons: WASHINGTON, Shein, Mike Gallagher, Temu Organizations: U.S, Chinese Communist Party, Nike, Adidas, Uyghur, Labor, U.S . Customs, Wisconsin Republican, House CCP Committee Locations: China, U.S, Wisconsin, United States
Mr. Allen was indicted in December in the overdose deaths of Nurbo Shera and Ardijan Berisha. Mr. Allen has been charged with 10 counts of second-degree murder — two for each of the five deaths. Mr. Shirley is charged in the overdose deaths of Mr. Ahmed and Mr. Rudnitsky. He was arraigned on Thursday afternoon, pleading not guilty to charges of second-degree murder, robbery, and grand larceny. The indictment described a series of texts about money between him and Mr. Allen.
Persons: Allen, Nurbo, Ardijan Berisha, Ms, Gallagher, Alexander Rudnitsky, Sadath Ahmed, Shirley, Mr, Ahmed, Rudnitsky, Brian Rodkey, , ” Mr Organizations: Rutgers University Locations: Yonkers, N.Y, Queens, Manhattan, Bronx
AI Hype Lifts Adobe Above Deal Cloud
  + stars: | 2023-06-21 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
Since then, the couple have come to appreciate not just the open space, but all the coffee shops. Ms. Gallagher, a gymnastics coach, writer and adjunct professor of English at Manchester Community College and Eastern Connecticut State University, regularly takes her laptop downtown, to Daybreak Coffee Roasters, in hopes of landing a window seat — “that’s my most coveted spot.”Stephen Tudisco, 51, moved to Glastonbury from Hartford two years ago, very intentionally: He wanted to shorten his commute to work at Connecticut Natural Gas, in East Hartford. When he found a move-in-ready, two-bedroom condominium listed for around $200,000, he too bid over the asking price, buying the unit for $222,000. “I like that the town is well maintained, very clean,” Mr. Tudisco said. “I’m close to a lot of outdoor stuff, but also just two miles from downtown.”
Persons: Gallagher, ” Stephen Tudisco, , Mr, Tudisco, “ I’m, Organizations: Manchester Community College, Eastern Connecticut State University, Connecticut Natural Gas Locations: Glastonbury, Hartford, Connecticut, East Hartford, downtown
‘Quiet Luxury’ Finds a Loud Debate
  + stars: | 2023-06-20 | by ( Jacob Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
[1/2] The GM logo is seen on the China Headquarters in Shanghai, China, August 29, 2022. REUTERS/Aly SongWASHINGTON, June 19 (Reuters) - A bipartisan group of U.S. lawmakers will travel to Detroit on Tuesday to press the heads of automakers Ford Motor (F.N) and General Motors (GM.N) to slash reliance on China over supply chains, particularly when it comes to electric vehicle batteries, Bloomberg reported. The four lawmakers - Republicans Mike Gallagher and John Moolenaar, and Democrats Raja Krishnamoorthi and Haley Stevens - are part of the newly formed House of Representatives China Select Committee. They will argue that dependence on China over supply chains undercuts U.S. firms, Bloomberg reported on Monday, citing a source familiar with the matter, adding the lawmakers would meet Ford CEO Jim Farley and GM CEO Mary Barra, among other executives. Reporting by Kanishka Singh in Washington; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Aly Song WASHINGTON, Mike Gallagher, John Moolenaar, Raja Krishnamoorthi, Haley Stevens, Jim Farley, Mary Barra, Antony Blinken, Xi Jinping, Kanishka Singh, Sandra Maler Organizations: REUTERS, Ford Motor, General Motors, Bloomberg, China, Ford, U.S, Thomson Locations: China, Shanghai, U.S, Detroit, Beijing, Washington
U.S. lawmakers to urge automakers to cut their reliance on China
  + stars: | 2023-06-19 | by ( ) www.cnbc.com   time to read: +2 min
A bipartisan group of U.S. lawmakers will urge the CEOs of Ford Motor and General Motors to shrink reliance on China auto parts, particularly electric vehicle batteries, sources told Reuters on Monday. The focus on Chinese auto parts comes soon after U.S. Secretary of State Antony Blinken made a rare visit to Beijing and hours of meetings failed to produce any major breakthroughs. The $430 billion Inflation Reduction Act (IRA) signed by President Joe Biden in August aims to wean U.S. EV production from Chinese supply chains by imposing new conditions on EV tax credits. Ford's deal announced in February to use technology from Chinese battery company CATL as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan has drawn criticism from some lawmakers. Republican Senator Marco Rubio has asked the Biden administration to block EV tax credits for batteries produced using Chinese technology.
Persons: Bolt, Tesla, Jim Farley, Mary Barra, Mike Gallagher, John Moolenaar, Raja Krishnamoorthi, Haley Stevens, Antony Blinken, Ford, Gallagher, Joe Biden, Ford's, Marco Rubio, Biden Organizations: Ford, Ford Motor, General Motors, Reuters, China, Bosch, Energy, U.S, Republican, Bloomberg Locations: Orion Township , Michigan, EVs, U.S, China, Detroit, Continental, Beijing, Shanghai, American, Michigan
"Extending the Science and Technology Agreement between the U.S. and China would only further jeopardize our research and intellectual property," said Representative Mike Gallagher, the Republican chair of a congressional select committee on China. "The administration must let this outdated agreement expire." "It is hoped that the U.S. side will expedite the internal review before the expiration of the agreement," he said. Given the state of U.S.-China ties, trying to renegotiate could derail the agreement, they said. Proponents of renewing the deal argue that without it, the U.S. would lose valuable insight into China's technical advances.
Persons: Florence Lo, Antony Blinken, Mike Gallagher, Liu Pengyu, Joe Biden, Kurt Campbell, Denis Simon, Anna Puglisi, Michael Martina, Don Durfee, William Mallard Organizations: REUTERS, WASHINGTON, ., China Science, Technology, Science, U.S, State Department, National Security Council, Hudson Institute, University of North, Chapel Hill, Georgetown University's Center for Security, Emerging Technology, Thomson Locations: China, U.S, United States, Beijing, Washington, Pacific, University of North Carolina, East Asia
Microsoft Looks to the Stars While Doing Activision Duty
  + stars: | 2023-06-17 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: microsoft, activision
The Going-Out Top. For Men.
  + stars: | 2023-06-16 | by ( Jacob Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, laurent
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. should selectively decouple from China, says Rep. Mike GallagherRep. Mike Gallagher (R-Wis.) joins 'Squawk Box' to discuss why the U.S. is trapped in 'zombie engagement' with China, what Gallagher ultimately wants in this equation, and more.
Persons: Mike Gallagher, Gallagher Locations: China
Why It MattersThe clash reflects two divergent approaches to dealing with a rising China, and could influence forthcoming debates over military spending. Relations between the two countries experienced another setback earlier this year, when the Chinese spy balloon floated over the United States, hovering near sensitive military sites. Mr. Blinken canceled a planned trip to Beijing in the aftermath of the balloon incident. What’s NextMr. McCaul is trying to prove that State Department officials intentionally dragged their feet on punishing China by demanding to see the department’s so-called competitive actions calendars. The State Department was not expected to meet the 6 p.m. deadline Mr. McCaul set for producing the documents.
Persons: Biden, fecklessly, , Mike Gallagher, Robert Menendez, Nancy Pelosi’s, Blinken, What’s, McCaul Organizations: Republican, Robert Menendez of New, Foreign Relations, United, Beijing, Department, China, The State Department Locations: China, United States, Taiwan, Wisconsin, Robert Menendez of, Robert Menendez of New Jersey, Beijing, Cuba
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