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☆ No flight cancellations expected during largest NATO air drill in history
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +1 min

Air Defender 23 will be one of the largest air drills in NATO history, with 25 countries taking part in the joint exercise in German, Dutch and Czech airspace. It will use air corridors that have often been used for training purposes, according to the German air force. Air traffic control strikes in France and elsewhere have exacerbated that limited airspace, increasing fears of costly cancellations and delays across the continent. Germany's aviation sector in particular was concerned about the exercise's detrimental impact on commercial aviation. "Coordinated action will allow this major military event to take place while, at the same time, accommodating civil air traffic with the lowest possible impact in terms of air traffic delays and re-routing actions," Eurocontrol added.

Saatcioglu, the coordinator of Limak International Hotels & Resorts, is one of many in hospitality expecting to see Turkey's economically vital tourism sector recover from a quake that dragged down bookings and hotel stays. The quake has caused tourists to think twice before booking a trip to Turkey, a major Mediterranean holiday destination. "After months of excellent performance, when the country was leading the travel recovery in Europe (after the COVID pandemic), international tourism to Turkey is clearly taking a nosedive," he told Reuters. Despite strong bookings recently across the travel sector in Europe as a whole, Turkey has not been able to regain momentum. On the back of these auspicious March figures, the Turkish government expects to generate $56 billion in tourism revenues this year.

☆ Opinion | Why Are So Many Girls Suffering From Anorexia?
▼ + stars: | 2023-04-20 | by ( Pamela Paul | ) www.nytimes.com time to read: +1 min

She was too smart for her school. These are among the 75 explanations given by doctors, therapists and others to Hadley Freeman for her severe anorexia nervosa. Freeman, the author of a riveting new memoir, “Good Girls: A Study and Story of Anorexia,” became sick during the 1990s, but over the last few years, the incidence of anorexia, which predominantly affects preteen and teenage girls, seems to have gone up. We’ve known about anorexia for a long time. Is it related to the general increase in rates of depression and anxiety among girls?

☆ The iPhone Setting Thieves Use to Lock You Out of Your Apple Account
▼ + stars: | 2023-04-19 | by ( Nicole Nguyen | Joanna Stern | ) www.wsj.com time to read: 1 min

Greg Frasca has been locked out of his Apple account since October, and he’ll do just about anything to get back in. He has offered to fly from Florida to Apple’s California headquarters to prove his identity in person, or write a check for $10,000 to reclaim the account. It holds the only copies of eight years of photos of his young daughters.

Charles de Gaulle airport is negatively affected, both as a destination and as a hub," said Olivier Ponti, VP of Insights at travel data firm ForwardKeys. Some 33,300 flights were cancelled this year over Easter, compared with 7,800 last year, while 9,000 flights were delayed by more than three hours, compared to 6,800 last year. Around 73% of flights were on time, compared with 76% in 2022 and 81% in 2019. There were 33,700 flights cancelled, compared with 26,600 last year, while 10,800 flights, which made up 1% of all total flights, were delayed by more than three hours, up from 9,500 last year. Air traffic authority Eurocontrol previously warned that delays could continue into the northern hemisphere summer, especially if strikes keep going.

☆ The Hidden iPhone Setting Thieves Use to Lock People Out of Apple Accounts
▼ + stars: | 2023-04-19 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

S2 E22Inside the Lucrative–and Secretive–Business of iPhone Trade-Ins So you just traded in your old iPhone to get a deal on a new one. Where does that old phone go? Who makes money on it? WSJ’s Joanna Stern follows an iPhone through the refurbishment process to explain why the second-hand phone market is booming. Photo illustration: Kenny Wassus

☆ Lidl wins trademark lawsuit against Tesco over discount scheme logo
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Molly DarlingtonLONDON, April 19 (Reuters) - German discount supermarket Lidl on Wednesday won a trademark lawsuit against Britain's biggest retailer Tesco (TSCO.L) at London's High Court over the use of a yellow circle on a square blue background. Lidl sued Tesco in 2020 shortly after Tesco adopted a yellow circle against a blue background to promote its "Clubcard Prices" discount scheme. However, the judge rejected Lidl's argument that Tesco had "the deliberate subjective intention of riding on Lidl's coat tails". A Lidl spokesperson said in a statement: "We are pleased that the court has agreed with us and that it will now order Tesco to stop using the Clubcard logo." Tesco said it intends to appeal against the ruling, which a spokesperson described as being "just about the colour and shape of the Clubcard Prices logo".

☆ Analysis: Rocket startups face adapt-or-die moment amid investment drought
▼ + stars: | 2023-04-17 | by ( Joey Roulette | ) www.reuters.com time to read: +5 min

Venture investment in space startups has dropped 50% year-over-year in 2022 to $21.9 billion, according to VC firm Space Capital. Astra Space (ASTR.O), which ditched its small Rocket 3.3 for a planned, larger Rocket 4 in the next few years, has struggled to bring its stock price above $1, facing delisting threats from Nasdaq. Despite the startups' struggles, launch demand has soared after sanctions following Russia's invasion of Ukraine cut off access to Russian rockets. Recent failures with Europe's Arianespace's Vega-C rocket have added to demand in the U.S., outstripping the number of available rockets. Private plans to deploy mega-constellations, vast swarms of satellites in low-Earth orbit, have also given launch startups hope for future demand.

☆ Top Warner Bros. Discovery marketing exec reveals the launch strategy for mega-streamer Max, the challenges ahead, and why HBO was dropped from the name: 'HBO had its limits'
▼ + stars: | 2023-04-17 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Spagnoletto, who goes by Pato, was referring to the market research WBD conducted before settling on the name Max — dropping the HBO from its existing service, HBO Max — for the company's long-awaited mega-streamer that will combine content from HBO Max and Discovery+. WBD research showed that to attract new subscribers, the HBO brand was too nichePatrizio "Pato" Spagnoletto Warner Bros. DiscoveryIn dropping "HBO" from the name, WBD is acknowledging HBO Max has a potent but narrow appeal that could turn off a broader audience. The Max logo has the same vibe as the HBO Max logo, however, and incorporates a few elements of HBO's logo. "Right now, we have very limited capabilities" in that regard, he said of the current HBO Max app.

☆ I'm a 21-year-old helicopter pilot. Nothing makes me happier than flying — and yes, I can land in your backyard.
▼ + stars: | 2023-04-15 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +4 min

Amelia Joanna Brunt is a 21-year-old student in London who's qualified as a helicopter pilot. She grew up flying with her dad, who inspired her to get her private pilot's license. I officially got my helicopter license this January at 21. After a minimum of 45 hours of flight training, including at least 10 hours of solo flying, you take a license skills test with an examiner. At ICE Helicopters, there is a group of six women who are certified, from private license holders to flight instructors.

☆ Apple moving production from China to India remains 'vital,' says WSJ's Joanna Stern
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple moving production from China to India remains 'vital,' says WSJ's Joanna SternJoanna Stern, WSJ senior personal technology columnist, joins 'Squawk Box' to discuss Apple's strategy in India, the drop in Mac deliveries and more.

☆ Warner Bros Discovery reveals pricing, promotion, and content details of its new streamer, Max, as it aims to take on Netflix and fire up Wall Street
▼ + stars: | 2023-04-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

Called Max, the app will feature content from HBO Max and Discovery+. Discovery announced the details of its new streaming app on Wednesday, after much anticipation from Hollywood and Madison Avenue. The prices will stay the same for HBO Max subscribers, who will begin to be automatically ported over to the new service. Presenting the entire WBD content catalog on the combined streamer without diluting HBO's prestige factor was another challenge. HBO Max has greater recognition with younger consumers, according to a new Samba TV/HarrisX poll, which could help grow awareness for Discovery+.

☆ Can Elon create everything? Musk aims to turn Twitter into 'everything' app
▼ + stars: | 2023-04-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCan Elon create everything? Musk aims to turn Twitter into 'everything' appHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Joanna Stern, Wall Street Journal personal technology columnist, and Americus Reed, professor at Wharton School of Business, join the show to discuss Elon Musk's attempt to turn Twitter into an 'everything' app.

Strikes have rolled through France, Portugal, Britain and Germany in recent weeks and could cause air travel disruption in parts of Europe through the Easter holidays, officials at airlines, airports and air traffic authorities told Reuters. There's no doubt about it," said Steven Moore, who is in charge of air traffic management operations at Eurocontrol. Airlines say they have to pay compensation without themselves getting compensated for air traffic delays. Consumer groups say air traffic control strikes are not new and airlines should be quicker to react and pay compensation. He called last week on the European Commission to do more to stop such strikes hitting overflights, by introducing minimum service rules, though industry experts say strikes are a national issue.

☆ How potential TikTok ban could benefit other social media giants like Meta and Twitter
▼ + stars: | 2023-03-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow potential TikTok ban could benefit other social media giants like Meta and TwitterJoanna Stern, Wall Street Journal senior personal technology columnist, joins 'Squawk on the Street' to discuss who will be the winners if the ban on TikTok really happens.

☆ Ryanair says price still key to new Boeing jet deal
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +2 min

BRUSSELS, March 29 (Reuters) - The boss of European budget carrier Ryanair (RYA.I) said on Wednesday attractive discounts remained the key to securing a new plane deal with Boeing <BA.N after the two sides resumed talks following an 18-month hiatus over jet prices. Chief Executive Michael O'Leary told Reuters that Ryanair was looking at two models: the roughly 200-seat 737 MAX 8200, which is already "performing well," and the larger 737 MAX 10, which is still in development and awaiting certification. Talks resumed after Boeing Chief Executive Dave Calhoun and Stan Deal, head of its commercial division, approached Ryanair two months ago offering to get negotiations started again, O'Leary said. "They are back talking to us; I think it takes maybe six, nine months to get a deal done," O'Leary said. In September 2021, it said it had halted talks for an order of the 737 MAX 10 because of a pricing dispute.

☆ UBS names Sergio Ermotti as its new CEO, following acquisition of Credit Suisse
▼ + stars: | 2023-03-29 | by ( Joanna Tan | ) www.cnbc.com time to read: 1 min

Signage at the UBS flagship office in New York, US, on Tuesday, March 21, 2023. UBS named Sergio Ermotti as its new CEO on Wednesday, following the recent acquisition of Credit Suisse. The cuurrent CEO Ralph Hamers is set to remain at UBS and work alongside Sergio P. Ermotti to advise the bank during a transition period, the company said in a statement. "The Board wishes to express its deep gratitude to Ralph Hamers for his outstanding leadership, steering UBS to record results in two successive years, and for his instrumental role in bringing about the Credit Suisse acquisition," the Swiss bank said. Please check back for updates.

Repsol says the plant, which transforms used cooking oil into so-called sustainable aviation fuel (SAF), has attracted plenty of customers. But it is concerned Europe's investment environment will complicate the industry's efforts to take off. "Europe needs to step up and throw its weight behind a domestic SAF industry to ensure it does not fall behind." That's a bit under 1% of global aviation fuel demand," said Jonathan Wood, Neste's vice-president of renewable aviation. "America's programme of both federal and state incentives for SAF production is the mark of global leadership on the net-zero transition," IAG told Reuters.

☆ Britain’s Knitters Are In Knots as Mailbox ‘Toppers’ Go Missing
▼ + stars: | 2023-03-27 | by ( Joanna Sugden | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/britain-knitters-mailbox-toppers-missing-c21ce7bd

☆ Google Made the Bard AI Chatbot Boring. On Purpose.
▼ + stars: | 2023-03-24 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

If ChatGPT is your crazy Uncle Leo, Google’s Bard is your goodie-two-shoes Aunt Martha. On Tuesday, Alphabet Inc.’s Google released its artificial-intelligence chatbot contender, an answer to OpenAI’s ChatGPT and Microsoft Corp.’s Bing chatbot, which uses OpenAI technology. As with those others, you type a prompt into Bard and out pops prose that’s likely better than your last texting convo. It can answer questions, draft emails and tell you a bedtime story. Yes, it can even write a newspaper column.

☆ Bard vs. ChatGPT vs. Bing: Why Google Restricted Its Chatbot (Exclusive)
▼ + stars: | 2023-03-24 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

Heading into a state election on Saturday, the conservative coalition has promised to rein in the powerful "pokies" industry in a jurisdiction with nearly one-tenth of the world's million machines, second only to Las Vegas. "This is the first time in our state's history ... that poker machine reform is actually an election issue," said Stu Cameron, CEO of Wesley Mission, a charity that supports the homeless, addicts and others. Reuters Graphics Reuters Graphics"We are the epicenter of pokie machine addiction not just in Australia but across the world. McMillan, the air conditioning repairman, said cashless machines alone could not stop problem gambling, but "I would promote any change that could help people". Since then, a quarter of its 400 groups have taken grants from slot machine interests, Reuters' analysis of publicly available documents showed, in a sign of the industry's grassroots hold.

Online searches by Americans for flights to Europe trips are surging despite soaring air fares, a worsening economic outlook and risks of gridlock at some of the airports in Europe. The travel boom is promising record profit margins at some U.S. carriers, which are ramping up transatlantic capacity to cash in on Americans' thirst for travel to Europe. Travel website Kayak said searches for travel to Europe this summer are up 77% from last year. There is still untapped travel demand for Europe even after a busy summer last year, said Hayley Berg, lead economist at Hopper. Average fare for a round-trip flight to Europe, meanwhile, has risen 31% from last year, Hopper data shows.

☆ 3 things plaguing Olaplex that have nothing to do with the hair loss lawsuit
▼ + stars: | 2023-03-20 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Olaplex is facing a lawsuit from users claiming the products made their hair fall out. The hair care brand is defending itself against a lawsuit from a growing number of users who claim that the company's bond-building products damaged their hair. Olaplex is investing in sales and marketing campaigns to boost sales — a move that risks disappointing investors focused on the company's profitAs a young brand, Olaplex kept its marketing and sales budgets slim. "However, [Olaplex] is now recognizing the need to invest in marketing and sales to support growth," the TD Cowen analysts said. A full set of Olaplex products costs $240 on the company's website.

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