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[1/4] Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. Munger's death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett's top advisers and sounding boards. At the 2021 annual meeting, Jain was asked how he and Abel interact with each other. "You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company." "It particularly doesn't feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here," Buffett said.
Persons: Charles Munger, Lucy Nicholson, Berkshire, Charlie Munger, Warren Buffett, Buffett, Munger, Munger's, Greg Abel, Ajit Jain, Abel, Jain, Warren, Charlie, Bill Stone, Howard Buffett, Todd Combs, Ted Weschler, Bill Smead, Whitney Tilson, Munger didn't, Jonathan Stempel, Megan Davies, Paritosh Bansal, Stephen Coates Organizations: Berkshire Hathaway, Daily, REUTERS, Berkshire Hathaway's, Berkshire, BNSF, Investors, Glenview Trust, Berkshire Hathaway Energy, University of Alberta, PricewaterhouseCoopers, Energy, MidAmerican's, Apple, Smead Capital Management, Kase Capital, Thomson Locations: Los Angeles , U.S, Berkshire, Omaha , Nebraska, Munger, Glenview, Edmonton, Alberta, Indian, Odisha, Phoenix, Woodstock, Omaha, New York
CNN —A haul of Ukrainian treasures sent to Europe for an exhibition nearly 10 years ago have been returned to Kyiv from the Netherlands after a lengthy legal battle. The collection of ancient artifacts was dispatched to the Netherlands from four museums in Crimea before Russia’s annexation of the region in 2014. The collection comprised 565 items, including antique sculptures, Scythian and Sarmatian jewelry, and Chinese lacquer boxes that are 2,000 years old, the museum said. “The exhibition in the Netherlands was showing the history of Ukrainian Crimea, therefore it is exclusively the people of Ukraine who should possess these treasures,” he added. Ultimately, the Supreme Court of the Netherlands ruled on June 9 of this year that the collection should be returned to Kyiv.
Persons: Peter Dejong, Rostyslav, , Allard Pierson, Els van der Plas Organizations: CNN, National Museum of, Sunday, Ukraine’s Ministry of Culture, Kyiv Locations: Europe, Kyiv, Netherlands, Crimea, Amsterdam, Ukraine, Ukrainian Crimea, Pechersk
In 1847, Louis-François Cartier opened a modest jewelry workshop in Paris where he sold crystal bracelets, strands of pearls and brooches with floral motifs. In 1914, Louis Cartier met Jeanne Toussaint, the Belgian French style icon who would become his muse and rumored lover. Often immaculately dressed in her signature turban and silk pajamas, she captivated Cartier, who recruited her to oversee the house’s handbags and silver accessories. When Toussaint was appointed the creative director of the brand’s jewelry department in 1933, she, too, found unlikely inspiration in utilitarian objects: gas hoses, bolts and even handcuffs. Now, Cartier is revisiting Toussaint’s archival designs in the form of a ring topped with an 8.92-carat cabochon-cut emerald encircled by rounded onyx, diamonds and turquoise accents.
Persons: Louis, François Cartier, Louis Cartier, Santos pilot’s, Jeanne Toussaint, immaculately, Cartier, Toussaint, Elise Lebaindre Locations: Paris, Brazilian, Belgian French
Price-sensitive US shoppers nab early 'Cyber Monday' deals
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +3 min
[1/3] Workers select and pack items during Cyber Monday at the Amazon fulfilment center in Robbinsville Township in New Jersey, U.S., November 28, 2022. Heavy online traffic and transactions could add up to a record $12 billion outlay by U.S. shoppers on Cyber Monday, according to Adobe Analytics. "You have consumers out there who are very price-sensitive and conscientious, and who want to make sure they get the very best possible deal." Walmart (WMT.N) , eager to capture market share, slashed prices on Sunday night, joining the trend of retailers' early discounts on major shopping days. Last-minute shoppers on Monday could spend $4 billion between 6 p.m. and 11 p.m.
Persons: Eduardo Munoz, Vivek Pandya, Pandya, Rob Garf, Garf, Vanessa O'Connell, David Gregorio Our Organizations: Workers, REUTERS, Adobe Analytics, Adobe Digital, Walmart, Adobe, Commerce, Thomson Locations: Robbinsville Township, New Jersey, U.S, Salesforce
Hundreds of ancient artifacts from Crimea that were stored in a Dutch museum for nine years while Russia and Ukraine waged a legal battle over their ownership are now back in Ukraine, officials in Amsterdam said on Monday. The works arrived on Sunday at the Museum of Historical Treasures of Ukraine in Kyiv, said officials at the Allard Pierson Museum, an archaeological museum at the University of Amsterdam, which borrowed around 400 works from four Crimean museums in 2014 for the exhibition “Crimea: Gold and Secrets of the Black Sea.” The artifacts included gold jewelry, gold plaques, precious gems, Greek and Roman stone ornaments and ceramics. A month into the show’s run, Russia annexed the Crimean Peninsula, and when it came time to send the objects back, a legal conflict emerged: Should they go back to the Crimean museums, now under Russian state control, or to Ukraine, which argued that the works were part of its national heritage? The nine-year struggle over the treasures became a kind of proxy war over national sovereignty and cultural property. Els van der Plas, the director of the Allard Pierson Museum, said in a statement that it was “a special case in which cultural heritage became a victim of geopolitical developments.”
Persons: Allard Pierson, Els van der Plas Organizations: Museum, Historical, Allard, Allard Pierson Museum, University of Amsterdam Locations: Crimea, Russia, Ukraine, Amsterdam, Kyiv, Crimean
And right now, you can pick up some of the best deals with the Madewell Cyber Monday sale. An excellent pair of men's jeans, The 1991 Straight-Leg Jeans, are 50% off using the same code. If you're interested in more style markdowns, check out our roundup of the best Cyber Monday clothing deals. Follow our best Cyber Monday deals hub for even more of today's great discounts on beauty, home decor, and tech. The best Madewell Cyber Monday deals for womenThe best Madewell Cyber Monday deals for menThe best Madewell Cyber Monday accessory and jewelry deals
Organizations: Madewell
In his new book “The Black Ceiling” Woodson, a former attorney, sheds light on systemic issues within elite professional settings and the broader economic repercussions that come from underutilizing and marginalizing talented Black professionals. Woodson spoke with more than 100 Black professionals about what he calls the Black ceiling — a significant barrier that impedes career progression and creates stigma and anxiety in the workplace. Racial discomfort encapsulates the sense of unease that a lot of Black professionals experience working in elite white work settings. Selective punitiveness is the widespread perception that Black professionals get treated especially harshly when they make mistakes. Firms need to train their personnel, especially their senior white professionals so that they don’t judge junior Black professionals adversely for these challenges.
Persons: Kevin Woodson, ” Woodson, Woodson, Bell, it’s, who’ve, Kim Schmidt, they’re, that’s, doesn’t, It’s, Eva Rothenberg, ” Grant Gustafson, Corie Barry, , ” Barry, Nathaniel Meyersohn Organizations: CNN Business, Bell, New York CNN — Corporate America, University of Richmond School of Law, Elite, Sensormatic, Black, Adobe, Retailers Locations: New York, underutilizing, DC
Today, they facilitate the connection to the spiritual world she needs to help fellow refugees and their American-raised children who seek restoration of lost spirits. Male heads of households who embrace traditional animist practices perform soul-calling ceremonies, venerate ancestor spirits and invoke the protection of good spirits. On a farm north of St. Paul, Moua Yang runs the hog butcher shop he started working on with his father when he was a child. “It’s ingrained in me,” said Vue, who was born in St. Paul. “Spiritual world is confusing, but once you find a path, everything is natural,” Chad Lee said.
Persons: Mee Vang Yang, , Tzianeng Vang, Vang Yang’s, He's, Lee Pao Xiong, Paul, haven’t, Xiong, Moua Yang, , it’s, Yang, Sai Vue, Vue, Janessa Moua, she’s, ” Moua, Txongpao Lee, Lee, Hlee Xiong Lee, they’re, Kevin Lee, Chad Lee Organizations: PAUL, Communist, Center, Hmong Studies, Concordia University, St, Twin Cities, Hmong Cultural, Lutheran, Press, Lilly Endowment Inc, AP Locations: Laos, Minnesota, China, Cambodia, Vietnam, United States, Thailand, California, St, Southeast Asia, Wisconsin, Paul’s
Bernard Arnault is the world's third richest man. He controls the massive luxury conglomerate LVMH, and his children all hold roles in the business. His eldest son, Antoine Arnault, will be stepping down from his role as CEO of Berluti in January. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNo name is perhaps more synonymous with the world of luxury goods than Bernard Arnault.
Persons: Bernard Arnault, Antoine Arnault, , Moët Hennessy Louis Vuitton, Louis Vuitton, Dom Pérignon, He's, Jeff Bezos, Elon Musk, he's, Arnault, LVMH, Antoine, Here's Organizations: Bloomberg, Berluti, Service, TAG, Amazon, Tesla
Energized shoppers break one-day holiday sales record
  + stars: | 2023-11-25 | by ( Eva Rothenberg | ) edition.cnn.com   time to read: +3 min
CNN —Whether they jostled through brick-and-mortar stores or toggled between tabs and virtual carts, holiday shoppers were eager to participate in Black Friday this year. Both in-store and online retail sales increased year-over-year unadjusted for inflation, according to Mastercard’s SpendingPulse insights, which noted that apparel, jewelry and restaurant categories saw considerable spikes. Most shoppers did their browsing and buying on their phones, with mobile purchases accounting for $5.3 billion in sales. E-commerce platform Shopify also reported record sales totaling more than $4 billion worldwide, 22% higher than last year. As holiday shopping ramps up ahead of Christmas, analysts predict a busy time for retailers over the next few weeks.
Persons: ” Grant Gustafson, Sensormatic Organizations: CNN, Sensormatic, Black, Adobe
Online spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to Adobe Analytics, a reflection of holiday shoppers who are buying more of their gifts online and responding to discounts. It does not cover in-store purchases, where the majority of U.S. holiday purchases still take place. And shoppers responded: Online purchases of toys shot up 182% compared to average daily sales in October. Jewelry sales rose 126%, apparel rose 124% and personal care products rose 67%. Mobile shopping played a big role in Thanksgiving sales, with nearly 60% of sales coming through a mobile device — an all-time record for Thanksgiving, Adobe said.
Persons: That's, it's, Mario, Adobe Organizations: Adobe Analytics, National, Target, Disney, Adobe, Marvel, Mobile Locations: U.S
But despite SVB Private's elite clientele, the holiday gift guide isn't intended to make headlines for boasting extravagant items like the Neiman Marcus luxury wish list. Instead, the list highlights SVB clients, which is organized by vendor rather than category and includes quotes from each founder. SVB Private's gift guide includes Flanagan Wines, owned by client Eric Flanagan, pictured with his wife, Kit. During the pandemic, Gregory's 400-plus winery clients were struggling with restaurants closed and wine tastings off-limits. Flanagan has sold wine through SVB's monthly specials and appreciated getting brand awareness with SVB's rich tech clients.
Persons: SVB, Marcus, Eric Flanagan, Flanagan, They're, Greg Gregory, SVB's, Gregory, Jes Wolfe, Rebel, Jeanette Epps, Aileen Lee, Milo, Peter Celinski, Celinski, They've, I'd, I've Organizations: Bank, SVB, Business, First Citizens Bank, Silicon Valley Bank, Valley Bank Locations: Tahoe, Silicon, That's, Milo
So are the start-of-the-season deals enticing enough for shoppers or are they holding out in a cat-and-mouse game with retailers? Michael Brown, retail industry leader and partner with management consulting firm Kearney, said the much earlier-than-usual jumpstart to holiday sales this year could be to blame. Shoppers will be holding out for better deals,” he said. Kena Betancur/Getty ImagesTotal holiday sales this year are expected to come in softer compared to last year. He said there were plenty of 25% off Black Friday deals mall-wide and some deeper 40% off promotions for early-bird shoppers.
Persons: New York CNN —, Michael Brown, Kearney, , Brown, Emily Elconin, Marshal Cohen, ” Cohen, Barbie, Willing, they’ve, Kena Betancur, Brian Schroeder, Kendra Scott, , Aeropostale, Aritzia, Shannon Stapleton, Marc Rosen, Rosen, ” Rosen, Nathaniel Meyersohn Organizations: New, New York CNN, , Shoppers, Black, National Retail Federation, Adobe Analytics, Disney Little, Marvel, Macy's, Brookfield Properties, Brookfield Asset Management, Nike, Apple, Simon Property Group, JCPenney Locations: New York, Oaks, Michigan, New York , New York, La Cantera, San Antonio , Texas, Brookfield, Roosevelt, Garden City , New York, Penney
NEW YORK (AP) — Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending. Political Cartoons View All 1265 ImagesBut this year, retailers said more shoppers are focusing on deals and waiting until the last minute. Salesforce said online sales rose 1% to about $7.5 billion year-over-year on Thanksgiving, as retailers offered better deals. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago.
Persons: Yvonne Carey, Michael Kors, Cary, ” Carey, Jeff Gennette, Macy's, Gennette, Kohl’s, Brian Cornell, Salesforce, Sensormatic, Marshal Cohen, , ” Cohen, , Alexandra Olson, Anne Organizations: Herald, Macy’s Herald, Associated Press, Disney Princess, Target, New Jersey State Police Bomb Unit, Global, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Manhattan, Macy’s, New Jersey, New York City, U.S, New York
And right now, you can pick up some of the best deals with the Madewell Black Friday sale. An excellent pair of men's jeans, The 1991 Straight-Leg Jeans, are over 70% off using the same code. If you're interested in more style markdowns, check out our roundup of the best Black Friday clothing deals. Follow our best Black Friday deals hub for even more of today's great discounts on beauty, home decor, and tech. The best Madewell Black Friday deals for womenThe best Madewell Black Friday deals for menThe best Madewell Black Friday accessories and jewelry deals
Organizations: Madewell
Learn moreCyber Week starts today, November 23, 2023, and so does Quince's week of Black Friday deals. Each day will feature new sales on different items, so be sure to check this page often for the most up-to-date Quince Black Friday deals. Read on for the best Quince Black Friday deals of the day, and be sure to check out our roundup of the best Black Friday deals from across the internet for more sales. Shop all Black Friday deals from Quince. Best Quince Black Friday deals
Persons: Quince
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLab-grown makes diamond jewelry accessible to a wider audience, says Pandora's Alexander LacikAlexander Lacik, Pandora president and CEO, joins 'The Exchange' to discuss the pricing of lab-grown diamonds, the state of the U.S. consumer, and more.
Persons: Pandora's Alexander Lacik Alexander Lacik
At 40, J. Crew Shakes Off a Midlife Crisis
  + stars: | 2023-11-22 | by ( Maggie Bullock | ) www.nytimes.com   time to read: +2 min
Since 2021, when her bosses asked her to make her Instagram account public, her following has gone from under 1,000 to 148,000. She’s not on TikTok, yet a search of her name there pulls up 2.2 million views. The selfies Ms. Gayot casually shoots in the full-length mirror of her office of herself wearing J. Crew with enviable ease — topped by her trademark mane of Botticelli curls — are starting to fill that Jenna Lyons cult-of-personality void without getting exactly personal, as Ms. Lyons is wont to do. Ms. Gayot started her new job in the very early days of the pandemic, pregnant with her second child and coming into the office daily, long before a vaccine was on the horizon.
Persons: She’s, Gayot, , Jenna Lyons, Lyons, ,
(CNN) — Back in February, Nattawin Wattanagitiphat’s fans spared no expense in marking the Thai actor’s 29th birthday. Local media reported his birthday haul totaled 50 million Thai baht, or around $1.4 million. But more often than not, the Thai stars who are able to build international fan bases tend to be actors. “K-pop stars dedicated their lives training (from a young age) to be idols,” but Thai stars, she said, can be more relaxed. We don’t really keep the talent in a box like Korean companies do.”Another advantage some Thai celebrities have is their ability to resonate among Chinese audiences.
Persons: Nattawin, Christian Dior, Lefty.io, Karla Otto, TikTok, Kylie Jenner, Zendaya, Pascal Le Segretain, Dior, Tontawan Tantivejakul, Lalisa Manobal, Lisa, Celine, There’s, Pharrell Williams, Louis Vuitton, Davika Hoorne, Urassaya Sperbund, , Calvin Klein, Bright’s, Metawin, , Nichapat, Sumettikul, “ KinnPorsche ”, Ralph Lauren, Kanawut, Suphap, It’s, , , ” Suphap, Blackpink, Jisoo, Jennie, Rose, Evan Agostini, Dior womenswear, Jennifer Lawrence, Robert Pattinson, Fatti, ” Laleh, ” Davika Hoorne, Michael Kors, Jamie McCarthy, Traipipattanapong, Gucci, Justin Shin, Krisda Witthayakhajorndet, Thais Organizations: The, Fashion, CNN, Thai, Rolex, Vogue, Mastercard, Bain & Company, American Vogue, Burberry, Prada, Venture Management, Gucci, MTV, Apo, South Locations: , Asia, India, Instagram, Thailand, North, South Asia, Thai, Southeast Asia, Pacific, Bangkok, Pee Mak, Norwegian, American, Vogue Thailand, Newark , New Jersey, Launchmetrics, Paris, Blackpink, Brooklyn , New York, Seoul, South Korea
The day after Thanksgiving historically has marked the start of the holiday shopping rush. This matters because the November-December gift-buying months combined can account for about 20%, or a sizable chunk, of retailers’ sales for the full year. Retailers this year trotted out early Black Friday-like deals weeks ahead of the annual day-after-Thanksgiving shopping bonanza. “It is a lengthier shopping season because retailers were rolling out early Black Friday deals as early as October. Walmart’s first round of early Black Friday deals included a 50-inch TV house brand for $148.
Persons: New York CNN —, , , Marshal Cohen, Cohen, Yuki Iwamura, Adam Davis, Wells, they’ll, Cohen doesn’t, doorbusters, Julie Ramhold, ” Ramhold, Charlie Riedel, Walmart’s, “ I’m, Chromebooks Organizations: New, New York CNN, National Retail Federation, Getty, Retailers, , , Shoppers, Apple, Valentine’s Locations: New York, AFP, Wells Fargo
'A gigantic bounce back'Admission prices for sporting events jumped 25.1% in October 2023 from the same month a year prior, according to the Bureau of Labor Statistics' consumer price index data. There's also an alignment of attention-grabbing sporting events taking place this fall. Sports ticket prices were 14.2% higher in October than in November 2019, a smaller gain than the entire index's 19.6% increase, a CNBC analysis of CPI data shows. "We're seeing a gigantic bounce back in prices," Matheson said. StubHub said ticket prices across the top 10 sporting events were 15% higher in 2022 than they were in 2023.
Persons: John Brown, Bryan M, Bennett, Dan Hornberger, That's, Victor Matheson, Matheson, There's, Lionel Messi's, Taylor Swift, StubHub, Rodney Paul, Paul Organizations: Buffalo Bills, New England Patriots, Highmark, Getty, National Football, Philadelphia Eagles, Bureau of Labor Statistics, College of, Inter Miami, Sports, CNBC, NFL, Major League Baseball, National Hockey League, NBA, Syracuse University Locations: Orchard Park , New York, Las Vegas
On my right was Ms. Meukens, wearing the sinuous teardrop earrings she had completed. She drew original designs based on concept words — asymmetric, geometric — that she devised at the behest of the instructor beforehand. “I don’t look at things the same way anymore.”Alchimia provides students with brass and copper to work with, but I had brought an outmoded gold bracelet from one of my grandmothers that needed a new purpose. Eventually the caterpillar became a foot-long piece of square gold wire as slender and springy as a daisy stem. “Metal is magic,” Ms. Boieri said.
Persons: Meukens, “ I’ve, , Alchimia, Ms, Boieri, Florence Locations: San Frediano
Jewelry Designers Are Putting Their Sketches to Work
  + stars: | 2023-11-20 | by ( Melanie Abrams | ) www.nytimes.com   time to read: 1 min
Lorenz Bäumer is convinced that having a special area for sketching in his Paris boutique and hanging original drawings of jewelry designs on its walls has helped distinguish his business from its competitors. “It’s like coming to an artist’s studio and being there with the artist, instead of being at some giant conglomerate jewelry thing that is on the stock market and has 400 stores,” the designer, 57, said. For centuries sketches have been part of the creative process, helping designers to sort through ideas and providing guidance for the artisans who fabricate the pieces. But Mr. Bäumer’s decision to highlight drawing is just one example of the many ways that designers have been putting their sketches to work, using them in everything from social media to sales materials to emphasize the artistry and craftsmanship of their endeavors.
Persons: Lorenz Bäumer, Locations: Paris
He moved to the city, a diamond trading hub, after leaving De Beers, where he had worked for 16 years, including five years in Gaborone, Botswana’s capital. Greg Kwiat, chief executive of Kwiat Diamonds, a diamond jewelry brand in New York City, said the company’s Mine to Shine traceability program, introduced in June, was likewise based on a desire to show how diamonds positively affect the communities in Africa where they are mined. Consumers who buy Kwiat diamonds are able to follow their stones from the mine through the stages of cutting and setting into jewelry. “Right now, we’re sharing videos and imagery of the process as it’s occurring,” Mr. Kwiat said. In 2003, a coalition of governments, civil society and diamond industry established the Kimberley Process Certification Scheme, aimed at preventing the flow of conflict diamonds.
Persons: Mr, Moltke, De, , Greg Kwiat, Kwiat, Organizations: Diamond Center, De, Kwiat, Consumers Locations: Antwerp, Belgium, De Beers, Gaborone, Botswana’s, , Clearwater, Fla, New York City, Africa, Kimberley
In a Six-Point Star, a Multitude of Meanings
  + stars: | 2023-11-18 | by ( Rachel Janfaza | ) www.nytimes.com   time to read: +3 min
The account, Why I Wear My Star, featured posts containing people’s reasons for wearing Star of David jewelry and other Judaica. Ms. Adams and Ms. Gabbai, who are both Jewish, said they had largely stopped updating the account until recently. Ms. Gabbai, now 21 and a senior at Florida State University, said the Instagram account is not intended to be pro-Israel. Rachie Shnay, a jewelry designer in Manhattan, said she saw several people wearing star accessories at a rally for Israel held by Jewish groups in Washington on Tuesday. The Star of David, called Magen David in Hebrew, was used by Jews in Prague as early as the 1600s.
Persons: Abby Adams, Sammy Gabbai, David, Adams, Gabbai, Rachie, , Shnay, Jonathan Sarna, Nelly Bulkin, Sophie, , Ms, Bulkin, Sophie Bulkin Organizations: Star, Florida State University, Israel, University of North, Hill, Brandeis University, University of California Locations: Poway, Calif, Israel, University of North Carolina, Manhattan, Washington, Prague, Boston, Berkeley, San Diego, United States, Eastern Europe
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