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Israel's military chief, Lieutenant General Herzi Halevi, said lessons would be drawn from the security failures around Gaza that enabled the attack. The U.S. military is placing no conditions on its security assistance to Israel, U.S. Defense Secretary Lloyd Austin said, adding Washington expected Israel's military to "do the right things" in prosecuting its war against Hamas. Scores of Israeli and foreign hostages were taken back to Gaza; Israel said it had identified 97 of them. [1/4]Israeli soldiers hold an Israeli flag while in a tank near Israel's border with the Gaza Strip, in southern Israel, October 12, 2023. "This war is harsh beyond imagining," said Hamdan, who has worked through repeated wars since becoming a rescuer in 2007.
Persons: Antony Blinken, Blinken, King Abdullah, Mahmoud Abbas, America's, General Herzi Halevi, Lloyd Austin, Austin, Benjamin Netanyahu, East Jerusalem's, Kan, Ronen, Israel, Cross, Fabrizio Carboni, Los Angeles, Kathy Hochul, Mount Herzl, Khan Younis, Ibrahim Hamdan, Hamdan, Henriette Chacar, Dedi, Maayan Lubell, Emily Rose, Nidal, Emma Farge, Jeff Mason, Humeyra Pamuk, Steve Gorman, Dan Whitcomb, Michael Martina, Howard Goller, Diane Craft Organizations: Israel U.S, West Bank Security, Hamas, U.S, NATO, Palestinian, Palestinian Authority, West Bank, United Arab, U.S . Defense, Washington, Public, REUTERS, International Committee, United Nations, Food Programme, ICRC, New, FBI, Mount, Thomson Locations: East Jerusalem, Europe JERUSALEM, GAZA, TEL AVIV, Gaza, Israel, Jordan, U.S, Qatar, Saudi Arabia, Egypt, United Arab Emirates, Iran, East, East Jerusalem's Al, Aqsa, Washington, Europe, Paris, Amsterdam, London, New York, Los, Jerusalem, Geneva, Tel Aviv, Los Angeles
Summary LATEST DEVELOPMENTS:"Civilians of Gaza City, evacuate south for your own safety...and distance yourself from Hamas terrorists who are using you as human shields," Israeli military says. The Israeli military said it would operate "significantly" in Gaza City in coming days and civilians should only return when advised. "Civilians of Gaza City, evacuate south for your own safety and the safety of your families and distance yourself from Hamas terrorists who are using you as human shields," the military said. "Hamas terrorists are hiding in Gaza City inside tunnels underneath houses and inside buildings populated with innocent Gazan civilians." [1/16]Palestinians flee their homes amid Israeli strikes, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Gaza City, October 13, 2023.
Persons: Yoav Gallant, Gilad Erdan, Israel, Cross, Fabrizio Carboni, Antony Blinken, Mohammed Salem, Blinken, Jordan's King Abdullah, Mahmoud Abbas, Hassan Nassrallah, Lloyd Austin, Austin, Benjamin Netanyahu, Mount Herzl, Khan Younis, Ibrahim Hamdan, Henriette Chacar, Dedi, Maayan Lubell, Emily Rose, Michelle Nichols, Emma Farge, Jeff Mason, Humeyra Pamuk, Steve Gorman, Dan Whitcomb, Michael Martina, Michael Perry, Michael Georgy, Philippa Fletcher, Howard Goller, Diane Craft, Nick Macfie Organizations: Hamas, United Nations, Shifa, International Committee, Food Programme, ICRC, U.S, NATO, REUTERS, Palestinian Authority, West Bank, United Arab, U.S . Defense, Washington, United, Police, FBI, Mount, Thomson Locations: Gaza City, Gaza, JERUSALEM, TEL AVIV, Israel, Japan, United States, Palestinian, Qatar, Saudi Arabia, Egypt, United Arab Emirates, Iran, Lebanon, Turkey, UAE, Turkish, U.S, Paris, Amsterdam, London, New York, Los Angeles, Jerusalem, Gazans, Geneva, Washington, Tel Aviv
REUTERS/John Sibley/File Photo Acquire Licensing RightsCompanies Yandex NV FollowAMSTERDAM, Oct 12 (Reuters) - Yango, the ride-hailing app owned by Russian tech group Yandex NV (YNDX.O), said on Thursday it is in talks with the Dutch Data Protection Agency to demonstrate that it adheres to European rules on data transfer and storage. The Dutch Data Protection Agency on Thursday confirmed it is also investigating Yango. Yango said the Finnish and Norwegian probes showed "Yango's personal data processing does not pose any imminent threat to the fundamental rights and freedoms" of European users. "As we have always stated, data of Yango users cannot be obtained from the service by Russian authorities outside of the established international procedures, for example, involving Interpol." Yandex is in the process of trying to separate its core Russian businesses from the international operations registered in the Netherlands.
Persons: John Sibley, Yango, Toby Sterling, Jane Merriman Organizations: REUTERS, Russian, Dutch Data Protection Agency, Nasdaq, Interpol, Thomson Locations: London, Britain, AMSTERDAM, Russia, Netherlands
Many European capitals have restrictions on gasoline and diesel cars, but Strömgren says Stockholm’s complete ban would be a first. “We need to eliminate the harmful exhaust gases from (gasoline) and diesel cars. The mayor of Paris wanted to ban all diesel cars before next year’s Olympics, and gasoline cars by 2030, but has run up against resistance. Currently, any diesel cars built before 2006 and gasoline cars built before 1997 are banned in Paris and 77 surrounding towns for 12 hours a day on weekdays. The ban will expand in 2025 for diesel cars built before 2011 and pre-2006 gasoline vehicles.
Persons: Lars Strömgren, Strömgren, Stockholm’s, ” Strömgren, Pernilla Samuelsson, , ” Samuelson, Nike Örbrink, ___ Jan Olsen, Mike Corder, Angela Charlton Organizations: STOCKHOLM, Greens, Associated Press, Taxi, Nike, Democrats, Aftonbladet Locations: Stockholm's, Swedish, Old, Taxi Stockholm, Amsterdam, Paris, Copenhagen, Denmark, The Netherlands, France
STOCKHOLM/AMSTERDAM, Oct 12 (Reuters) - Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM cancelling flights while sister airline Air France mounted a special relief flight chartered by the French foreign ministry. Israel's parliamentary finance committee meanwhile approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines. The framework will grant Israeli airlines cover against war risks, thereby ensuring the continuity of air operations. Foreign airlines have struggled to find a common approach and the head of European budget giant Ryanair (RYA.I) said it was up to governments to plot the way forward. PATCHY RESPONSEGermany's Lufthansa (LHAG.DE) said it was sticking to its plans for evacuation flights on Thursday and Friday, while continuing to ground commercial flights to Israel.
Persons: Ben Gurion, Ben Smith, Ed Bastian, Sasha Gainullin, Rafael Schvartzman, Obama, Anna Ringstrom, Bart H, Meijer, Tim Hepher, Joanna Plucinska, Julia Payne, Carolyn Cohn, Steven Scheer, Rajesh Kumar Singh, Doyinsola, Terje Solsvik, Deborah Kyvrikosaios, Diane Craft Organizations: Airlines, Dutch KLM, Air France, Palestinian, Israel's, Norwegian Air, Insurance, Reuters, Foreign, Ryanair, KLM, Boeing, Lufthansa, Dubai's Emirates, Delta Air Lines, International Air Transport Association, Regulators, U.S . Federal Aviation Administration, Thomson Locations: STOCKHOLM, AMSTERDAM, Israel, Palestinian, Tel Aviv's, Ben, Gaza, Tel Aviv, Eilat, Emirates, United States, Europe, U.S, Ben Gurion
Afterward, I listened to "Summer Renaissance," Beyoncé's reworking of one of my favorite songs, Donna Summer's 1977 disco hit "I Feel Love," on repeat. Beyoncé's daughter, Blue Ivy, dances, as her mother sings behind her on the London, U.K. leg of the Renaissance World Tour in May 2023. Virgin Hotels New Orleans, where I stayed, is only a half-mile from the Superdome stadium, and was well-prepared to host the many concertgoers who stayed there. Members of Beyoncé's Renaissance World Tour band perform at jazz club Snug Harbor in New Orleans, led by saxophonist Kat Rodriguez (second from right). Caesars Superdome stadium in New Orleans is illuminated by thousands of lights attached to audience members' wristbands during Beyoncé's Renaissance World Tour.
Persons: Beyoncé, Kevin Mazur, WireImage, Alexander McQueen, Roksanda, Roksanda Ilincic, Annie Macmanus, Donna Summer's, Blue Ivy, Beyoncé I've, I've, Redmond —, Honey Dijon, Laveau Contraire, Kat Rodriguez, Lucy Handley, Crystal Torres, Tayler Green, Danny Laurino, John Coletti, Hurricane Katrina, Willa Jean, diamante Organizations: Tottenham Hotspur, Tottenham Hotspur Stadium, Parkwood, London, Caesar's, British Airways, Southbank, Virgin Hotels, Preservation Hall, Bank, Getty, Garden, Uptown, Plantations, New, New Orleans police, Vue Orleans, Caesars Locations: London —, Instagram, London, U.K, British, Amsterdam, New Orleans , Louisiana, YOLO, New Orleans, Orleans, Virgin Hotels New Orleans, Bey, Preservation Hall , New Orleans, Snug, Faubourg Marigny, U.S, Mississippi, Louisiana, Beyoncé's
The AI industry is projected to require as much energy as a small country, a study has found. Mitigation will require more transparency from tech companies, the study's author told Insider. The study analyses the supply chain of AI devices, especially chipmaker Nvidia, which dominates around 95% of the market for AI chips. De Vries acknowledges publically accessible information around this is still quite limited as tech companies don't disclose enough data. Mitigation will require more transparency from tech companies, he said, as well as establishing a more mindful approach towards AI development as a whole.
Persons: , Alex de Vries, de Vries, Vries Organizations: Service, Tech, VU Amsterdam School of Business, Nvidia Locations: Sweden, Netherlands, Argentina
NEW YORK (AP) — Louise Meriwether, the author and activist whose coming-of-age novel "Daddy Was a Number Runner" is widely regarded as a groundbreaking and vital portrait of race, gender and class, has died. "Daddy Was a Number Runner," published in 1970, tells of a poor Black community in Harlem during the 1930s as seen through the eyes of 12-year-old Francie Coffin. Political Cartoons View All 1206 ImagesIn 2016 the Feminist Press and TAYO Literary Magazine launched the Louise Meriwether First Book Prize for "debut women/nonbinary writers of color." "Daddy Was a Number Runner" was a personal story. After returning to New York in the late 1960s, she joined the Harlem Writers Guild and befriended Angelou and Sonia Sanchez, among others.
Persons: — Louise Meriwether, Meriwether, Cheryl Hill, Hill, Francie Coffin, Francie, I'm, Toni Morrison's, Angelou's, James Baldwin, Jacqueline Woodson, Louise Meriwether, Rosa Parks, Daniel Hale Williams, Robert Smalls, John Birch, Muhammad Ali's, Angelo Meriwether, Earle Howe, Louise Jenkins, Budd Schulberg, Angelou, Sonia Sanchez, Sarah Lawrence Organizations: Amsterdam Nursing, Feminist Press, Columbus Foundation, Los Angeles Times, IMF, World Bank, John Birch Society, Sarah Lawrence College, University of Houston, New York University, UCLA, Watts Writers, South Central, Universal Studios, Harlem Writers Guild, Pine Manor College Locations: Manhattan, Harlem, Puerto Rican, South Africa, Haverstraw , New York, Brooklyn, South, South Central Los Angeles, Hollywood, New York, Pine
Many cities have come full circle to worrying about too many tourists rather than too few. "They just come, take a nice selfie, publish them on social media, increase the popularity of this place … and leave," she said. And an additional 50 million international tourist arrivals are expected per year — mostly from Asia — between now and 2030, according to the U.N.'s World Tourism Organization. James Matsumoto| Sopa Images | Lightrocket | Getty ImagesSome travelers supported Bhutan's $200 per day Sustainable Development Fee, which was announced in 2022. Managing 'tourist flow'The United Nations World Tourism Organization secretary-general, Zurab Pololikashvili, told CNBC Travel that the key to overcoming overtourism lies in "tourist flow."
Persons: Lionel Saul, Tatyana Tsukanova, What's, Tsukanova, Reinhard Hormandinger, Saul, Jesus Merida, It's, Luca Zanon, Ivan Saprov, Saprov, Miyajima, James Matsumoto, Zurab Pololikashvili, overtourism, Jon Hicks, , Darrell Wade, Reinhard Hoermandinger Organizations: Hospitality Business, United Nations, Asia —, Tourism Organization, South, Afp, Getty, Guardian, daytrippers, CNBC, United Nations World Tourism Organization, CNBC Travel, Stone, Japan Times, Intrepid Travel Locations: Lausanne, Switzerland, Asia, South Korean, Machu Picchu, Peru, Acropolis, Athens, Borobudur, Indonesia, Sardinia, Venice, Bora Bora, Amsterdam, Spanish, Malaga, Spain, France, trialing, daytrippers . New, Valencia, Manchester, England, Thailand, Iceland, U.S, Bali, Germany, Yogyakarta, Labuan Bajo, Lake Toba, Austria
London CNN —A painting valued at $15,000 just two years ago is now expected to fetch up to $18 million at auction after being identified as the work of the Dutch master Rembrandt. Extensive tests revealed changes that Rembrandt had made to the painting. The examination, which involved x-rays and infrared imaging, as well as intensive discussions with leading Rembrandt scholars, led Sotheby’s to conclude the painting is “an autograph work by Rembrandt.” It now values the work at between £10 million and £15 million ($12.2 million-$18.3 million). Thereafter, the painting was “entirely overlooked and completely ignored in the Rembrandt literature,” according to Sothebys. “This sophisticated painting is in equal measure a product of Rembrandt’s brush and his intellect.
Persons: Rembrandt, , J.C.H, Christie’s, Sotheby’s, , Jesus, George Gordon, Kurt Bauch, Gordon, ” Gordon Organizations: London CNN, Christie’s, Rembrandt, Sotheby’s, CNN Locations: Heldring, Amsterdam, Dutch, Sotheby’s, Leiden, Constantijn, Hong Kong, New York, Los Angeles, London
Shares of Dutch health tech company Philips tumbled to the bottom of the European benchmark on Friday, after the U.S. drug regulator deemed its handling of a major product recall inadequate. The Amsterdam-listed stock was trading more than 8% lower at 1:15 p.m. London time, paring some losses after falling by as much as 10% earlier in the session. The announcement reflects yet another blow to Philips over the recall of millions of ventilators used to treat sleep apnea, which CEO Roy Jakobs earlier this year said would be the the firm's "highest priority." The FDA said it finds additional testing is necessary and noted Philips agreed to carry out this request. The company added that it shares the same objective as the FDA and other regulators "to ensure the highest standards of patient safety and quality in the delivery of healthcare."
Persons: Roy Jakobs, Philips Organizations: Philips, U.S . Food, Drug Administration, FDA Locations: U.S, Amsterdam, London
[1/2] FILE PHOTO-Dutch technology company Philips' logo is seen at company headquarters in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier/File Photo Acquire Licensing RightsAMSTERDAM, Oct 6 (Reuters) - The U.S. Food and Drug Administration (FDA) said it is still not satisfied with how Dutch healthcare technology company Philips (PHG.AS) has handled a major product recall and the company should conduct additional risk testing. It was the latest blow to Philips over the recall of millions of sleep apnea and respiratory devices, which has been ongoing since 2021. Philips lost more than two-thirds of its market valuation in 2021-2022, but has staged a modest recovery in 2023. "The FDA is clearly still not happy with the way the recall is being handled."
Persons: Eva Plevier, Philips, Bernstein, Toby Sterling, Piotr Lipinski, Mark Potter, Jan Harvey Organizations: Philips, REUTERS, Rights, U.S . Food, Drug Administration, FDA, Thomson Locations: Amsterdam, Netherlands, U.S
The card, which showed Bernhard first joined in 1933, was found by historian Flip Maarschalkerweerd, the Royal Information Service. via Reuters TV Acquire Licensing RightsAMSTERDAM, Oct 6 (Reuters) - The discovery of a Nazi membership card in the name of late Dutch Prince Bernhard, a German who married into the Dutch royal family in the 1930s, revived calls on Friday for an inquiry into his ties to Adolf Hitler's party. Prince Bernhard, the grandfather of Dutch King Willem Alexander, died in 2004. The Dutch government confirmed the card was found but has resisted calls for an inquiry. The card, which showed Bernhard first joined in 1933, was found by historian Flip Maarschalkerweerd, the Royal Information Service said.
Persons: Bernhard, Flip Maarschalkerweerd, Dutch Prince Bernhard, Adolf Hitler's, Prince Bernhard, Dutch King Willem Alexander, Prince Bernhard's, Bernhard von Biesterfeld, Maarschalkerweerd, Juliana, King Willem Alexander, Prince, Willem, Alexander, Toby Sterling, Bart Meijer, Anthony Deutsch, Angus MacSwan Organizations: Royal Information Service, Reuters, Rights, Nazi, NSDAP, for Information, Documentation Israel, Institute for, Genocide, De Volkskrant, Allies, Germany, NOS, Thomson Locations: Dutch, Nazi, U.S, Netherlands
Otherwise, exemptions to the hybrid work policy will "only be granted in rare and exceptional cases" like documented medical reasons. Below is a copy of Tanium's hybrid work policy FAQ:Tanium Return to Office & New Hybrid Work Policy FAQQ: What is Tanium's new hybrid work policy? move to another city, state, county or country) the general expectation is that they will adhere to the hybrid work policy going forward. move to another city, state, county or country) the general expectation is that they will adhere to the hybrid work policy going forward. Additional Policy DetailsQ: Will exemptions from the hybrid work policy be provided?
Persons: Tanium, Dan Streetman, Orion Hindawi Organizations: Employees, Meta, Microsoft, Leadership Team, Team, Google, North, EMEA, Frankfurt, JP, KR, SharePoint Locations: North America, Emeryville , CA, Morrisville , NC, Addison , TX, Kirkland , WA, Bethesda, New York, Denver, Tampa , FL, Vancouver, Reading, Amsterdam, DE, Paris, Krakow, Tokyo, Osaka, Nagoya, Seoul, Singapore, SP
NO ARCHIVES Acquire Licensing RightsCompanies Early Warning System GmbH FollowNEW DELHI, Oct 6 (Reuters) - Scientists and government authorities were working on an early warning system for glacial floods at a Himalayan lake in northeast India when it broke its banks this week with deadly consequences. If fully operational, the warning system could have given people more time to evacuate, scientists said. One scientist said glacial early warning systems can typically give residents a few minutes to an hour of notice. Details of the Lhonak Lake warning system have not previously been reported. "Such kind of events are so fast that even if we have some kind of early warning system ... we may only gain some minutes, maybe an hour," he said.
Persons: Wang Chen, geoscientist Simon Allen, Kamal Kishore, Farooq Azam, Ali Withers, Gloria Dickie, Shivam Patel, Cynthia Osterman Organizations: Adarsh gaon, REUTERS, NEW, Reuters, University of Zurich, Disaster Management Authority, Indian Institute of Technology, Thomson Locations: Teesta, Singtam, Sikkim, India, NEW DELHI, Swiss, Lakes, Pakistan, China, Nepal, Bhutan, Shako Cho, Indian Institute of Technology Indore, Copenhagen, Amsterdam, Delhi
COPENHAGEN, Oct 4 (Reuters) - SAS shares slumped by as much as 95% on Wednesday after the airline announced a financial restructuring on Tuesday to prevent bankruptcy, bringing on board big new investors and wiping out the stakes of its more than 250,000 owners. SAS (SAS.ST) said U.S. investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders alongside the Danish state, and that the airline's stock will be delisted from the Stockholm, Copenhagen and Oslo exchanges. Scandinavian Airlines (SAS) flights are seen listed at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. Shares in SAS, which have tumbled in recent years, traded down 83% at 1144 GMT to 0.05 Swedish crowns ($0.0045). "Management itself has come out to say there was a risk that the shares will become worthless.
Persons: Andrew Kelly, Lind, Jacob Pedersen, Pedersen, Louise Breusch Rasmussen, Anna Ringstrom, Terje Solsvik, Alexander Smith Organizations: SAS, Air France, KLM, France, Scandinavian Airlines, Copenhagen, REUTERS, Lind Invest, Thomson Locations: COPENHAGEN, United States, Danish, Stockholm, Copenhagen, Oslo, Amsterdam, Paris, Denmark
Yet increasingly, euro area specific factors, particularly exposure to higher oil prices, risk further weakness in an already stagnating economy, and the single currency. The euro is especially vulnerable to rising oil prices, with net imports accounting for over 90% of oil products available in the European Union. "High oil prices are weighing on the euro area's terms of trade, and if oil prices move above $100 per barrel to $110 per barrel we think it will be difficult for the euro to avoid parity," said Nomura's G10 FX strategist Jordan Rochester. But it also lifts price pressures through higher import costs, compounding the impact from higher oil prices. "Definitely the euro zone is not in a good place right now," said Moec, adding that he did not rule out a euro move to parity.
Persons: Dado Ruvic, Jordan, Nomura, Morgan Stanley, Jens Eisenschmidt, Francesco Pesole, Athanasios, Gilles Moec, Dhara Ranasinghe, Alun John, Yoruk, Christina Fincher Organizations: U.S, REUTERS, European Union, OPEC, Barclays, European Central Bank, ECB, ING, Germany, Bank of America, AXA Investment, Thomson Locations: Jordan Rochester, United States, ITALY, Italy, U.S, London, Amsterdam
But affordability isn't an issue in the world's biggest city, Tokyo. In collectivist Japan, housing policy is designed to benefit the most people possible. Earthquakes and small homesAnother feature of the Japanese housing market is purely situational: The country is a hotspot for earthquakes. Could the US import Japanese housing policy? Japan's housing policy "is now quite well understood" among American housing advocates and scholars, he says, "whereas it was not even three years ago."
Persons: metropolises, Eric Adams, Alan Durning, Durning, Jiro Yoshida, NIMBYism, Jenny Schuetz, Yoshida, Schuetz, André Sorensen, there's, Sorensen, Nolan Gray, Impermanence, Gray, tradeoffs, Eliza Relman Organizations: US, America it's, New York City, Sightline, Pennsylvania State University, Brookings Institution, University of Toronto, Earthquakes Locations: Los Angeles, Miami, New York, San Francisco, Tokyo, it's, America, Paris, Japan, inequity, Montana, California, United States, Vienna, Amsterdam, California , Oregon, Washington
Only the fifth woman to win a Nobel physics prize, French-born L'Huillier works at Lund University in Sweden, while Agostini, who was also born in France, is a emeritus professor at Ohio State University in the United States. Agostini and Krausz then demonstrated how this could be used to create shorter light pulses than previously possible. These experiments all showed that attosecond pulses could be observed and measured, and could be used in new experiments. While the award for peace can take the limelight, the physics prize has also often taken centre stage with winners such as Albert Einstein and awards for science that has fundamentally changed how we see the world. Announced on consecutive weekdays in early October, the physics prize announcement will be followed by ones for chemistry, literature, peace and economics, the latter a later addition to the original line-up.
Persons: Pierre Agostini, Ferenc Krausz, Anne L'Huillier, Eva Olsson, Krausz, L'Huillier, Agostini, Emmanuel Macron, Hans Ellegren, Mats Larsson, Katalin Kariko, Drew Weissman, Alfred Nobel, Albert Einstein, Niklas Pollard, Simon Johnson, Johan Ahlander, Terje Solsvik, Elizabeth Pineau, Ayhan Uyanik, Christine Uyanik, Charlotte Van Campenhout, Michaela Cabrera, Alexandra Hudson, Rosalba O'Brien Organizations: Reuters, Max Planck, Quantum Optics, Lund University, Ohio State University, Royal Academy of Sciences, Thomson Locations: STOCKHOLM, Hungarian, Garching, Germany, French, Sweden, France, United States, Stockholm, Austria, Paris, COVID, Oslo, Krisztina, Budapest, Amsterdam
Why are global bond yields rising? With inflation excluding food and energy prices elevated and the U.S. economy resilient, central banks are pushing back against rate cut bets. Many investors were also betting bond yields would drop, so are extra sensitive to moves in the opposite direction, analysts say. That is no surprise, and analysts do not rule out a rise in 10-year Treasury yields to 5%, from 4.7% now . Bond yields determine governments' funding costs, so the longer they stay high, the more they feed into the interest costs countries pay.
Persons: Brendan McDermid, August's, Goldman Sachs, Mahmood Pradhan, Treasuries, Andrea Kiguel, Yoruk, Dhara Ranasinghe, Karin Strohecker, Marc Jones, Amanda Cooper, Ed Osmond Organizations: New York Stock Exchange, REUTERS, U.S . Treasury, August's Fitch, Reuters, Treasury, Deutsche Bank, Amundi Investment, U.S, JPMorgan, Barclays, Yoruk Bahceli, Thomson Locations: New York City, U.S, Germany, Japan, Italy, Europe, Americas, Amsterdam, London
Bill Ackman says he doesn't short stocks anymore. The hedge fund manager famously feuded with investing legend Carl Icahn over Ackman's short position on Herbalife over a decade ago. At the conference, Ackman talked about two companies he's placing massive bets on right now: Universal Music (UNGVY) and Alphabet (GOOG). Ackman said his portfolio has a 22-25% weight on Universal Music, and a 16-17% weight on Alphabet, meaning he's betting 38-42% of his fund on the two firms. For Universal Music it's streaming.
Persons: Bill Ackman, Carl Icahn, Ackman, we'd, I'm, CNBC's Scott Wapner, Warren Buffett, chatbot, OpenAI's ChatGPT, They've Organizations: Pershing Square Holdings, Delivering Alpha, Pershing, Morningstar, Universal, Euronext, Universal Music, Capitol Records, Jam, Google, YouTube Locations: New York, Euronext Amsterdam
Dutch regulator rejects Apple’s objections against fines
  + stars: | 2023-10-02 | by ( ) www.reuters.com   time to read: +1 min
A man holds a bag with a new iPhone inside as Apple's new iPhone 15 officially goes on sale across China, next to an Apple Store, in Shanghai, China September 22, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsCompanies Apple Inc FollowAMSTERDAM, Oct 2 (Reuters) - Dutch competition watchdog ACM on Monday said it had rejected objections by Apple (AAPL.O) against fines of 50 million euros ($52.9 million) it had given the company over failure to comply with regulations aimed at limiting the dominant position of Apple's App Store. The ACM said Apple had by now complied with most of its demands to open its App Store to alternative forms of payment for dating apps in the Netherlands, but had not met an undisclosed third element of the conditions related to the fines. ($1 = 0.9454 euros)Reporting by Bart Meijer, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Aly, Bart Meijer, Louise Heavens Organizations: Apple, REUTERS, Apple Inc, ACM, Thomson Locations: China, Shanghai, Netherlands
PARIS (AP) — Planted in a field, Vincent van Gogh painted furiously, bending the thick oils, riotous yellows and sumptuous blues to his will. And it had a doctor who specialized in depression, Paul Gachet, who took Van Gogh on as a patient. The exhibit includes 11 paintings that Van Gogh painted on unusual elongated canvases, experimenting to stunning effect. Another version of the exhibition, with 10 of the elongated canvases, was first shown at Amsterdam’s Van Gogh Museum earlier this year. “It’s a real fireworks show.”"Van Gogh in Auvers-sur-Oise: The Final Months" runs at the Musée d'Orsay through Feb. 4, 2024.
Persons: , Vincent van Gogh, Van Gogh, Van Gogh's, Paul Cézanne, Camille Pissarro, Paul Gachet, ” Emmanuel Coquery, “ He’d, ” Coquery, , Jimi Hendrix, Sylvia Plath, Jean, Michel Basquiat, Gogh's, Coquery, , Musée d'Orsay Organizations: PARIS, Orsay Locations: Wheatfield, Paris, French, Auvers, Oise, Van, Amsterdam, Dutch, York, Musée
The Great Zelle Pool Scam
  + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com   time to read: +38 min
When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. Out of all the kinds of money, money to build a pool is probably the very best kind of money for the world to suffer the loss of. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.
Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, , Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey
Because a lot of bank branches were still closed, and the crew wanted their money, he requested that we transfer the money via Zelle. When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.
Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, , Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey
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