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☆ Morning Bid: Some payback, but bonds hug gains on oil
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +5 min

The oil price slide was helped by signs from Israel that it's open to pauses in the Gaza fighting. The typically hawkish Minneapolis Fed boss Neel Kashkari insisted it was still too early to take another rate hike off the table. Elsewhere, the Reserve Bank of Australia raised its policy interest rate again, as expected, by another quarter point to a 12-year high of 4.35%. Overall, the global stocks picture reflected some of the cooling of last week's rally and some of the China export numbers. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Lucas Jackson, Mike Dolan, that's, Neel Kashkari, Christopher Waller, Michael Barr, John Williams, Lorie Logan, Jeffrey Schmid, Zimmer, Jack Henry, Akamai, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Treasury, Minneapolis Fed, International Monetary Fund, Reserve Bank of Australia, Asia bourses, UBS, Credit Suisse, Federal Reserve Bank of New, Michael Barr , New York Fed, Dallas Fed, Horton, Mosaic, Emerson Electric, Occidental, Devon Energy, Products, Chemicals, Gen, Fidelity, Reuters, Reuters Graphics, Thomson Locations: New York, U.S, Israel, Gaza, China, Asia, Japan, Hong Kong, Swiss, Canada, Federal Reserve Bank of New York, Michael Barr ,, Lorie Logan , Kansas, eBay, Gilead, Occidental Petroleum

The Senate, which Democrats control 51-49, has also been struggling to pass bills funding the government through Sept. 30, adding to calls for a stopgap "continuing resolution" to avert a shutdown. Further complicating matters is a Republican majority so narrow that House Speaker Mike Johnson can afford to lose no more than four party votes on legislation Democrats oppose. "He hasn't decided how that would be structured - if that would happen," House Majority Leader Steve Scalise, the No. 2 Republican, told reporters in the U.S. Capitol on Friday. The House passed two of three Republican spending bills on their agenda last week, covering congressional operations and the environment.

Persons: Leah Millis, We've, Tom Cole, Hakeem Jeffries, Jeffries, Mike Johnson, Jeff Lewis, Johnson, Kevin McCarthy, hasn't, Steve Scalise, Frank Lucas, Jason Lange, David Morgan, Richard Cowan, Scott Malone, Jonathan Oatis Organizations: U.S . Capitol, REUTERS, Rights, U.S, Congress, Republicans, Democratic, House Democratic, Republican, Caucus, University of California, Capitol, Fox News Sunday, Reuters, Thomson Locations: Washington , U.S, Los Angeles

☆ 3 things you can learn about taxes from San Francisco 49ers' Arik Armstead's paycheck
▼ + stars: | 2023-11-06 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Arik Armstead of the San Francisco 49ers at the NFC Championship game against the Philadelphia Eagles on Jan. 29, 2023. While the pay stub showed gross earnings of more than $4 million year to date, experts say it holds lessons for everyday taxpayers. While it's possible to withhold less than you'll owe, you could risk underpayment penalties on top of a sizable income tax bill in April. Max out your 401(k) to save on taxesIn addition to significant tax withholdings, Armstead also maxed out his workplace retirement plan for 2023. But you can reduce your adjusted gross income with pre-tax 401(k) contributions, experts say.

Persons: Arik Armstead, Kevin Sabitus, Sam, Armstead's, Albert Campo, Armstead, Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas, Armstead's withholdings, John Loyd, Max Organizations: San Francisco 49ers, NFC, Philadelphia Eagles, Getty, Finance, Social Security, AJC Accounting Services, CFP Locations: Manalapan , New Jersey, California, Orlando , Florida, Florida, Texas, Fort Worth , Texas

☆ Restaurant Brands revenue disappoints Wall Street as Burger King same-store sales miss estimates
▼ + stars: | 2023-11-03 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Burger King said it demanded the main operator of its franchises suspend restaurant operations in Russia, but that "they have refused." Restaurant Brands International on Friday reported weaker-than-expected quarterly revenue, hurt by Burger King's disappointing same-store sales growth. Restaurant Brands said that unfavorable currency exchange rates hurt Tim Hortons, which accounts for roughly 60% of the company's revenue. Tim Hortons' same-store sales growth of 6.8% met Wall Street's expectations. Popeyes was Restaurant Brands' only chain to outperform expectations for same-store sales growth.

Persons: Burger, Papa John's, Burger King, Tim Hortons, Josh Kobza, that's, Popeyes Organizations: McDonalds, Brands, LSEG, Restaurant Brands, U.S, U.S . Burger King's, Restaurant, CNBC, KFC Locations: Russia, U.S ., U.S . Burger King's U.S, Canada, China, U.S

☆ Stay or go: Why Americans are drawn to — or sick of — living in Florida
▼ + stars: | 2023-11-03 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +2 min

Nearly 730,000 moved to the Sunshine State between 2021 and 2022, while almost 500,000 people left. Those who moved in love the lifestyle, while those who moved out say the state got too expensive. AdvertisementAdvertisementSome people love Florida, but some hate it: the Sunshine State is undeniably divisive. It's part of "the biggest migration" in a generation, said Holly Meyer Lucas, a real-estate agent in South Florida. People are tending to move in droves to lower-tax states, including Florida but also Texas and Arizona, she added.

Persons: —, Holly Meyer Lucas, Chris Brown, Ryan, Jami Wilson Organizations: Sunshine State, Service, Sunshine Locations: Florida, South Florida, Texas, Arizona, Chicago, Tampa, South Carolina

☆ Starbucks unveils plan to add 17,000 locations by 2030, cut $3 billion in costs
▼ + stars: | 2023-11-02 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Starbucks on Thursday presented the latest stage in its plan to drive growth for the company, which involves accelerating its global footprint and saving $3 billion in costs over the next three years. The company said it plans to expand to 35,000 locations outside of North America by 2030. In total, the coffee giant aims to reach 55,000 locations globally by 2030, up from its current count of more than 38,000. Starbucks also announced a $3 billion cost-savings plan. The announcement comes after more than 350 Starbucks locations have unionized under Workers United, according to National Labor Relations Board data.

Persons: Michael Conway Organizations: Starbucks, Workers United, National Labor Relations Board, NLRB Locations: North America

☆ Starbucks stock rises 6% as U.S. customers buy into pricier drinks
▼ + stars: | 2023-11-02 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

The company's same-store sales rose 8%, fueled by higher average checks and a 3% increase in customer traffic to its cafes. Analysts surveyed by StreetAccount were expecting same-store sales growth of 6.8%, but the company's domestic locations outperformed. And in China, Starbucks' second-largest market, same-store sales rose 5%. Looking to fiscal 2024, Starbucks expects same-store sales growth of 5% to 7%, down from its long-term forecast of 7% to 9% same-store sales growth. Starbucks projects that China will report same-store sales growth of 4% to 6% during the last three quarters of the fiscal year.

Persons: StreetAccount, Laxman Narasimhan, we're, Narasimhan, Rachel Ruggeri, Ruggeri Organizations: Starbucks, LSEG Locations: New York, North America, China, Its U.S, New York City

TOKYO (AP) — Godzilla, the nightmarish radiation spewing monster born out of nuclear weapons, has stomped through many movies, including several Hollywood remakes. It was a mood that fit his supernatural “very Japanese” Godzilla, Yamazaki said at the Tokyo International Film Festival, where “Godzilla Minus One” is the closing film. That helped inspire the last Japanese Godzilla, the 2016 “Shin Godzilla,” directed by Hideaki Anno and Shinji Higuchi. Toho studios hadn’t made a Godzilla film since 2004. But what he really wants to make is a “Star Wars” film.

Persons: Takashi Yamazaki, Ishiro Honda, ”, Yamazaki, it’s, “, Kamiki, “ Gojira, Gareth Edwards ’, Shin, Hideaki Anno, Shinji Higuchi, hadn’t, Juzo Itami, Oscar, Steven Spielberg’s “, George Lucas, ’ ”, ___ Yuri Kageyama Organizations: TOKYO, Hollywood, Tokyo, Associated Press, Toho, “ Locations: Pacific, Japan, Ukraine, Tokyo

☆ Chile chasing Pan Am Games soccer golden double
▼ + stars: | 2023-11-02 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

SANTIAGO, Nov 1 (Reuters) - It was a deja vu double celebration for Chile at the Pan American Games on Wednesday as Martina Weil powered to women's 400 metre gold and the men's soccer team took a 1-0 win from the United States. The gold on back-to-back nights at the Estadio Nacional, where the 1962 World Cup final was played, were joyous achievements but it is a double opportunity at soccer gold that really has Chilean hearts pounding. The Chilean men have never won Pan Am Games gold and only once before, in 1987, appeared in the final losing to Brazil while the women have never before got to the semi-finals. Andrea Vargas gave Costa Rica their first gold of the Games successfully defending her 2019 Pan Am title in the 100m hurdles while Brazil's Eduardo Rodrigues won the men's. Led by double Olympic champion McLain Ward the U.S. won the equestrian team jumping gold ahead of Canada and Brazil.

Persons: SANTIAGO, Martina Weil, Santiago Adolfo Ford, Cesar Perez's, Weil, Brazil's Lucas Conceicao, Deanna Price, Andrea Vargas, Pan, Brazil's Eduardo Rodrigues, McLain Ward, United States Andrew Doddo, Venezuela's Eliecer Jose Parra, Argentina's Clara Isabel Di Tella, Olivia Fiechter, Amanda Sobhy Peru's Diego Elias, Colombia's Miguel Angel Rodriguez, Tyler Berger, Zane Richards, Mason Parris, Kyle Snyder, Steve Keating, Robert Birsel Organizations: Pan American Games, Estadio Nacional, Pan Am, Brazil, FIFA, Argentina, South, Pan, Costa Rica, Games, U.S, Paris, Canada, Mexico, Thomson Locations: Chile, United States, Brazil, Mexico, Chilean, Uruguay, Paraguay, Spain, Portugal, Morocco, United, Costa, Canada, Paris, U.S, Santiago

☆ Slow Pizza Hut sales in the U.S. weigh on Yum Brands' revenue
▼ + stars: | 2023-11-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

(photo by Mike Kemp/In Pictures via Getty Images)Yum Brands on Wednesday reported third-quarter revenue that fell short of analysts' expectations, hurt by weak same-store sales growth at Pizza Hut. Yum China CFO Andy Yeung said that sales had softened in late September through October, hurting its fourth-quarter results. But in the U.S., its second-largest market, KFC saw flat same-store sales growth. The pizza chain reported 2% same-store sales growth for international restaurants and flat same-store sales in the U.S.Pizza Hut isn't the only pizza chain that has struggled to win over U.S. consumers. Rival Domino's Pizza reported a 0.6% drop in same-store sales during its third quarter.

Persons: Mike Kemp, Andy Yeung, Yum, David Gibbs, Gibbs, Chick, Taco Bell Organizations: Getty, Brands, Refinitiv, Indian, Taco, KFC, U.S Locations: Birmingham, United Kingdom, China, Taco Bell's U.S, U.S

☆ Here's the 'most important metric' as Wall Street gears up for Apple's upcoming earnings report
▼ + stars: | 2023-11-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Investors are focused on Apple's iPhone sales in China and the company's outlook for the holiday quarter. Here's what Wall Street expects from Apple's upcoming earnings report. AdvertisementAdvertisementAll eyes are on Apple as it is scheduled to report its fiscal fourth-quarter earnings on Thursday after the market close. Here's what Wall Street analysts are saying about Apple's upcoming earnings report. AdvertisementAdvertisementJPMorgan: 'Higher competitive pressures in China'Analysts expect Apple's earnings to be "better than feared," but highlighted increasing risks related to China.

Persons: —, Department's, Apple, Goldman Sachs, Goldman, JPMorgan, underwhelming, Lucas Ramadan, Ramadan Organizations: Apple, Investors, Service, Google, Bloomberg, Revenue, JPMorgan, MacBook, Analysts, Apple's Services, Bloomberg Intelligence, Huawei Locations: China, Mac

NASHVILLE, Tenn. (AP) — Attorneys representing Tennessee transgender teens and their families asked the U.S. Supreme Court on Wednesday to block a ban on gender-affirming care for minors that a lower court allowed to go into effect. Advocates for trans kids argue that having access to puberty blockers and hormone therapy is safe, necessary health care backed by every major medical group. “Families are losing access to much-needed medical care that has allowed their children to flourish. Health care providers who violated the law risked facing a $25,000 penalty and other disciplinary actions. A federal judge struck down Arkansas’ ban as unconstitutional in June, sparking state officials to ask an appeals court to review that decision.

Persons: Jonathan Skrmetti, ”, Lucas Cameron, Vaughn, “ Organizations: —, U.S, Supreme, American Civil Liberties Union, Circuit, Republican, Assembly, Democratic, Nashville’s Vanderbilt University Medical Center, Health, ACLU, Tennessee Locations: Tenn, Tennessee, United States, Kentucky, ”, U.S, Arkansas, Alabama

☆ Tiger Woods and US sporting royalty set to tee off high-tech indoor golf league
▼ + stars: | 2023-11-01 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

Staged in partnership with the PGA Tour, the televised indoor golf league – the TGL – is the brainchild of TMRW Sports, a company co-founded by Woods and Rory McIlroy, and will feature 15 of the world’s current top 20-ranked men’s players. Here’s everything you need to know about the competition before it tees off on January 9. Meanwhile TGL New York is led by New York Mets owner Steven A. Cohen and his family office, Cohen Private Ventures. How to watchThe first two-hour match will air on ESPN and ESPN+ from 9 p.m. ET (1 a.m. GMT) on Tuesday January 9, with the second match aired a week later at 7 p.m.

Persons: Woods, Steph Curry, Williams, Rory McIlroy, TGL, ” Woods, “, –, TGL Who’s, Justin Thomas, Arhthur, Blank, McIlroy, Jon Rahm, Patrick Cantlay, Xander Schauffele, Matt Fitzpatrick, Max Homa, Wyndham Clark, Scottie Scheffler, Viktor Hovland, Brian Harman, Richard Heathcote, Tom Kim, Tyrrell Hatton, Tommy Fleetwood, Cam Young, Keegan Bradley, Collin Morikawa, Rickie Fowler, Thomas, Sahith Theegala, Lucas Glover, Shane Lowry, Justin Rose, Adam Scott, Min Woo Lee, Billy Horschel, Kevin Kisner, Serena, Venus Williams, Alexis Ohanian, Giannis Antetokounmpo, Alex Morgan, Michelle Wie, Marc Lasry’s, Curry, Andre Iguodala, Klay Thompson, Steven A, Cohen Organizations: CNN, PGA Tour, TMRW Sports, NBA, NFL, Premier League, Palm Beach State College, Atlanta, GC, The Home Depot, MLS, Atlanta Falcons, Atlanta United, TGL, ESPN, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, NASCAR’s RFK Racing, English Premier League football club Liverpool . Los, Reddit, National Women’s Soccer League, Angel City FC, Women’s National, Sports Fund, Golden State Warriors, New York Mets, Private Ventures, ABC Locations: Florida, American, Palm, LAGC, TGL New York

☆ Athletics takes Pan Am spotlight but 100 metres left in shadows
▼ + stars: | 2023-10-31 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

While there has been a lack of quality and depth across many of the sports in Santiago, it was never more glaring than at the first day of athletics. The Pan American region has for decades produced some of the world's greatest sprinters, including Usain Bolt. Brazil's Izabela Rodrigues claimed the first gold of the athletics competition winning the women's discus while the women's long jump title went to Colombia's Natalia Linares. Chile's Lucas Nervi delighted a small but supportive opening day home crowd, taking top spot on the podium in the men's discus. "I feel happy, for the medal for my country, which is the most important thing, along with qualification," said Mesinas.

Persons: Jamaica's Shelly, Ann Fraser, Pryce, Bernadett Szabo, Carl Lewis, Gail Devers, Don Quarrie, Ann Fraser Pryce, Felipe Bardi, Erik Barbosa, Dominican Republic's Jose Gonzalez, Usain, Noah Lyles, Brazil's Izabela Rodrigues, Colombia's Natalia Linares, Chile's Lucas Nervi, Peru's Luz Mery Rojas, Tatiana Weston Webb, Sanoa Dempfle, Olin, Peru's, Peru's Lucca Mesinas, Venezuela's Francisco, Mesinas, Weston Webb, Canada's Dylan, Chile's Pablo Nunez, Lee Kiefer, Canada's Grace Harvey, Daniela Fonseca, Jorge Campos, Brazil's Bruna Takahashi, Vitor Ishiy, Steve Keating, Miral Organizations: Athletics Centre, Rights, Athletics, Pan American Games, Pan, Games, Colombian Ronal Longa, Tuesday's, Pan Ams, U.S, Peru's Lucca, Paris, United States, Thomson Locations: Budapest, Hungary, Santiago, Shelly, Colombian, Dominican, Dominican Republic, Peru, United States, Brazil, Canada

☆ The allure of Tennessee: Why Floridians are trading their sandy beaches for a quieter life
▼ + stars: | 2023-10-31 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

Floridians, Texans, and Californians in particular are relocating there for a slower pace of life. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementLindsey Moore, a mom of three and a dental technician who posts about her life on TikTok @lindseyswagmom , recently extolled the virtues of her new home state: Tennessee. She said many Floridians are packing up for places like Knoxville, Tennessee; Greenville, South Carolina; and Huntsville, Alabama, which she collectively calls "the Villes." "People are moving to simpler places because the places that they're leaving are becoming very, very complicated."

Persons: —, Lindsey Moore, TikTok @lindseyswagmom, Moore, didn't, Texas —, Rachael Wedekind, Jamie Foreman, Holly Meyer Lucas, Meyer Lucas, they're, Michael Tyler Organizations: Texans, Service, Volunteer, Memphis, . Software, Oracle, Facebook, Sunshine, Golden State, Knoxville Locations: Tennessee, Floridians, Knoxville, Nashville, Memphis, Florida, California, Texas, New York, Pennsylvania, Smoky, Relocators, Miami, Orlando, Tampa, Knoxville , Tennessee, Greenville , South Carolina, Huntsville , Alabama, Sacramento, Jonesborough

☆ The death of downtowns
▼ + stars: | 2023-10-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the number of empty storefronts overwhelming downtowns isn't just a product of the post-pandemic world. When it comes to local downtowns, not all small businesses are created equally. A homebuilder executive breaks down the do's and don'ts that've helped her clients lower rates from 8% to 4.875%.

Persons: —, that's, Tyler, Insider's Adam Rogers, it's, Adam, Justin Sullivan, It's, Lucas Jackson, Elon Musk, Joel Saget, Sheldon Cooper, Getty Images Elon, X, Daniel Rizea, Haley Rosen, Marie Donoghue, Rosalyn Durant, don'ts that've, Heidi Klum's, Jayne Withers, Zers, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, New York Stock Exchange, Getty, Getty Images, Apple, Google, ESPN, NFL, NBA, Walmart, Workers, Fed, Pfizer, Samsung Locations: National, New York, AFP, New York City, San Diego, London

☆ NHL roundup: Rangers complete first 5-0-0 road trip
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +6 min

The Rangers continued their strong start under new coach Peter Laviolette by winning for the seventh time in nine games. New York went unbeaten on a road trip of at least five games for the first time in team history. New York's Artemi Panarin had a goal and added two assists to extend his season-opening point streak to nine games. Chris Kreider scored the tying goal with 6:48 left in the third, and Igor Shesterkin made 27 saves for the win. David Gustafsson and Nikolaj Ehlers scored for the Jets, who lost their second straight game but also gained a point for the fifth straight contest (3-0-2).

Persons: Mika Zibanejad, Tyler Myers, Simon Fearn, Peter Laviolette, Artemi Panarin, Chris Kreider, Igor Shesterkin, David Gustafsson, Nikolaj Ehlers, Cole Perfetti, Connor Hellebuyck, Pavel Zacha, Brad Marchand, Charlie McAvoy, Linus Ullmark, Aleksander Barkov, Sam Reinhart, Hill, Shea Theodore, Paul Cotter, William Carrier, Sean Monahan, Nick Suzuki, Sam Montembeault, Jack Eichel, Jared McCann, Nicholas Paul, Alex Wennberg, McCann, Vince Dunn, Philipp Grubauer, Teuvo Teravainen, Stefan Noesen, Michael Bunting, Frederik Andersen, Owen Tippett, Garnet Hathaway, Carter Hart, Mason McTavish's, McTavish, Tristan Jarry, Jakob Silfverberg, Frank Vatrano, Pavel Mintyukov, Greg Cronin, Erik Karlsson, Evgeni Malkin, Radim Zohorna, Roope, Evgenii Dadonov, Wyatt Johnston, Dallas, Thomas Harley, Matt Duchene, Jason Robertson, Jamie Benn, Jake Oettinger, Dmitri Voronkov, Damon Severson, Sean Kuraly, Elvis Merzlikins, Michael Carcone, Jack McBain, Sean Durzi, Liam O'Brien, Josh Brown, Connor Bedard, Lucas Raymond, Daniel Sprong, Jake Walman, Compher, Detroit's Moritz Seider, Raymond, Ville Husso Organizations: CAN, New York Rangers, Vancouver Canucks, Rogers Arena, Winnipeg Jets, The Rangers, New York, Jets, Bruins, Panthers, Boston, Florida, Eastern Conference, Golden Knights, Canadiens, Vegas, Montreal, Seattle, Tampa, Hurricanes, Flyers, Ducks, Penguins, Anaheim, Pittsburgh, Blue Jackets, Dallas, Columbus, Stars, Coyotes, Blackhawks, Arizona, Chicago, Red Wings, Islanders, Detroit, Thomson Locations: Vancouver, British Columbia, New, Florida, Las Vegas, Tampa Bay, Carolina, Philadelphia, Pittsburgh, Tempe, Ariz, Elmont

☆ McDonald's, Chipotle to raise menu prices in California next year as fast-food wages rise to $20
▼ + stars: | 2023-10-30 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

McDonald's and Chipotle Mexican Grill will raise their menu prices in California next year to offset the state's minimum wage increase for fast-food workers, executives said as both chains announced quarterly earnings in recent days. McDonald's has not decided how much it will hike prices in California as workers' wages rise to $20 an hour, CEO Chris Kempczinski said Monday. Restaurants have been hiking menu prices for more than two years in response to rising ingredient and labor costs. Unlike Chipotle, which owns the overwhelming majority of its locations, most of McDonald's California locations are run by franchisees. "We believe we're in a better position than our competitors to weather this, so let's use this as an opportunity to actually accelerate our growth in California," Kempczinski said.

Persons: McDonald's, Chris Kempczinski, Chipotle, Jack Hartung, Hartung, Kempczinski Organizations: U.S . Bureau of Labor Statistics, McDonald's, National Owners Association, U.S, CNBC Locations: California, McDonald's, McDonald's California, McDonald's U.S

☆ Clariant CEO discusses the 'most attractive' segment in specialty chemicals
▼ + stars: | 2023-10-30 | 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 EmailClariant CEO discusses the 'most attractive' segment in specialty chemicalsConrad Keijzer, CEO of Clariant, discusses third-quarter earnings and the firm's plan to acquire cosmetics company Lucas Meyer.

Persons: Conrad Keijzer, Lucas Meyer

☆ Lazio's Immobile denies Fiorentina place in top four with late penalty
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

Lazio captain Immobile struck low into the left of the net in stoppage time, sending Fiorentina goalkeeper Pietro Terracciano the wrong way after Lazio were awarded a penalty when Fiorentina's Nikola Milenkovic handled the ball. Fiorentina are sixth in the standings on 17 points, one point behind champions Napoli in fifth and two less than fourth-placed Atalanta, who beat lowly Empoli 3-0 earlier on Monday. Lazio, who won three consecutive home games in the competition for the first time since April, moved up to seventh in the standings on 16 points. Lazio next travel to Bologna on Friday while Fiorentina take on second-placed Juventus on Sunday. Reporting by Anita Kobylinska in Gdansk Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Ciro, Remo Casilli, Vincenzo Italiano's, Pietro Terracciano, Fiorentina's Nikola Milenkovic, Atalanta, Maurizio Sarri, Lucas Beltran, Felipe Anderson, Anita Kobylinska, Christian Radnedge Organizations: Soccer, Lazio, Fiorentina, Stadio Olimpico, Rights, Serie, Napoli, Empoli, Inter Milan, Sky Sports, Serbian, Europa Conference League, Juventus, Sunday, Thomson Locations: Rome, Italy, Bologna, Gdansk

ST. LOUIS (AP) — St. Louis County Prosecuting Attorney Wesley Bell announced Monday he will drop his bid to unseat Republican U.S. Sen. Josh Hawley in 2024, and will instead make a run at a fellow Democrat — U.S. Rep. Cori Bush. Bell, 48, will oppose Bush in the 2024 Democratic primary for Missouri's 1st Congressional District seat that covers St. Louis and part of St. Louis County. Two years earlier, Bell pulled an equally surprising upset when he unseated Bob McCulloch as St. Louis County prosecutor. On Oct. 11, McCaskill posted on X, formerly known as Twitter, a St. Louis Post-Dispatch story headlined, “St. A St. Louis County grand jury declined to indict Wilson, who later resigned.

Persons: — St, Wesley Bell, Sen, Josh Hawley, —, Cori Bush, Bell, Bush, Louis, ” Bell, Michael Brown, William Lacy Clay, Bob McCulloch, Hawley —, I’ve, wasn't, Steve Roberts, Democratic U.S . Sen, Claire McCaskill, McCaskill, Louis ’ Cori Bush, ”, ” McCaskill, Lucas Kunce, Hawley, Ferguson, Darren Wilson, Brown, Critics, McCulloch, Wilson, St Organizations: LOUIS, —, Republican U.S, — U.S . Rep, Democratic, Missouri's, Congressional District, Democrat, Democratic U.S ., Twitter, Louis Post, Dispatch, Democratic Senate, Marine, Ferguson City Council, U.S . Department of Justice, Republican Locations: Louis, St, Louis County, Israel, Ferguson , Missouri, Missouri, Washington, “ St, Ferguson

☆ Why the case for owning Broadcom is compelling with or without its $61 billion takeover of VMWare
▼ + stars: | 2023-10-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

Club holding Broadcom 's (AVGO) investment prospects look bright – with or without cloud software maker VMWare (VMW) under its corporate roof. For now, though, the companies remain apart after Broadcom's planned $61 billion takeover of VMWare did not close Monday, as previously scheduled. AVGO YTD mountain Broadcom YTD With VMWare, Broadcom would be a company with sales split roughly 50-50 between its traditional semiconductor division — an artificial intelligence beneficiary — and software, which typically is higher-margin revenue. Without VMWare, Broadcom would have freed up its capacity to reward shareholders in a different, but still meaningful, way. Even with the buyback silver lining, our hope is Broadcom completes the VMWare deal because it should boost Broadcom's earnings over time.

Persons: Broadcom's, CNBC's David Faber, Jim Cramer, Hock Tan, Jim, Broadcom's Tan, CNBC's Faber, There's, Jim Cramer's, Broadcom Lucas Jackson Organizations: Broadcom, VMWare, Club, Nvidia, Google, European Union, Financial Times, U.S, Intel, Semiconductor, Qualcomm, NXP Semiconductors, Microsoft, Activision, CNBC Locations: United Kingdom, Japan, Canada, China, California, Beijing

Netanyahu’s tweet comes at a time when he is also under increasing pressure from the families of hostages for a “comprehensive deal” to ensure their release. “At no point was a warning given to Prime Minister Netanyahu on Hamas’s intention to start a war. Opposition leader and former Israeli Prime Minister Yair Lapid also rebuked Netanyahu. Things I said following the press conference should not have been said and I apologize for that,” he wrote on X. Israel’s security chiefs had his “full backing,” he added. Netanyahu was asked about such a deal at his Saturday news conference, and acknowledged he discussed the option with the families.

Persons: Benjamin Netanyahu, Netanyahu, Shin, Aharon Haliva, ” Netanyahu, Benny Gantz, ” Gantz, Abir, Gantz, ”, Yair Lapid, “ Netanyahu, “, Herzi Halevi, Yoav Gallant, Gonen, Romi Gonen, ” Gonen Organizations: CNN, Israeli, Israel Defense Forces, Ronen, Intelligence Directorate, Twitter, Staff, IDF, Getty, Palestinian Prisoners, Hamas Locations: Gaza, Tel Aviv, Israel

☆ Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
▼ + stars: | 2023-10-28 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

Coke's overall volume rose 2% in the third quarter, while Pepsi reported flat beverage volume and a 1.5% decline in its food volume. Coke reported flat volume, while Pepsi's North American beverage unit saw volume fall 6%. "Coke has been taking share from Pepsi for many, many quarters," RBC Capital Markets analyst Nik Modi said. McDonald's has served Coke products since Ray Kroc opened his first franchised location, and is the beverage company's largest restaurant customer. International success can offset more sluggish domestic demand, like the 6% volume decline for Pepsi's North American beverage.

Persons: Luke Sharrett, Coke, James Quincey, Edward Jones, Brittany Quatrochi, Nik Modi, snacking, Modi, Quincey, McDonald's, Ray Kroc, Taco, Quatrochi Organizations: Pepsi Co, Bloomberg, Getty, Cola, PepsiCo, Coke, Atlanta -, Pepsi, Pepsi's, Gatorade, RBC Capital, Frito, U.S, Taco Bell, Yum Brands Locations: Jasper , Indiana, Atlanta, North America, United States, Europe, North, U.S, Argentina, Turkey

☆ Chipotle Mexican Grill easily tops earnings estimates, as price hikes help offset higher food prices
▼ + stars: | 2023-10-26 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Chipotle Mexican Grill on Thursday reported quarterly earnings that beat expectations, helped by higher menu prices for its burritos and bowls. Shares of the company rose more than 5% in extended trading. Earlier this month, Chipotle raised menu prices for the first time in more than a year, citing inflation. Same-store sales rose 5%, beating StreetAccount estimates of 4.6%. The company credited higher transactions and menu prices for the quarter's same-store sales growth.

Persons: Chipotle, Brian Niccol Organizations: LSEG Locations: Chicago , Illinois

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