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☆ How Axe Body Spray is trying to move beyond teenage boys' lockers
▼ + stars: | 2024-02-07 | by ( Ryan Baker | ) www.cnbc.com time to read: +2 min

If you were a teenage boy in the early 2000s, there's a good chance you wore Unilever 's Axe Body Spray at some point. Axe Body Spray entered the U.S. market in 2002, and within a decade of its arrival, Unilever was bringing in nearly half a billion dollars in domestic sales for Axe products, according to estimates from market research firm Kline & Company. But as the brand took off, its offerings rapidly expanded as it was churning out new lines of body wash and hair care. "They launched all different other products that took the advertising dollars away from the body spray itself. 1 men's deodorant worldwide, selling $1.7 billion worth of deodorant and body spray in 2022, according to Euromonitor International.

Persons: there's, John Hegarty, Bartle Bogle Hegarty, Kline, Ann Gottlieb, Stephan Kanlian Organizations: Unilever, Kline & Company, Fashion Institute, Technology's, Euromonitor Locations: London, U.S

☆ Gen X and boomers love Temu. I asked them why.
▼ + stars: | 2024-02-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Recent research showed that boomers and Gen Xers shopped more frequently on Temu than younger people. I was surprised when I read a research study recently that said that Gen X and boomer Temu shoppers tended to spend slightly more per order and placed orders more often than younger shoppers. AdvertisementSo I asked readers who were boomers or Gen Xers to write in and tell me: Why do they love Temu so much? The Gen X and boomers denied this — most of them said they ignored the annoying roulette wheels. —LanieA variety of items bought by a Gen Xer on Temu Kristy MeeksA crafter who gets jewelry-making supplies:I shop on Temu mostly for jewelry, crafting and jewelry supplies.

Persons: Gen Xers, —, fanny, Elsa, X, Temu, Xers, Tyrone A, I'm, They're, it's, — Linda, Kristy Meeks, Lydia, I've, Randy, Bill Craft supples, Bill Eldridge The Organizations: Service, Amazon Locations: Temu, Toronto, China

☆ Domino's pizza is the latest American product facing backlash in Asia amid the Middle East turmoil, exec says
▼ + stars: | 2024-01-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewDomino's Pizza is the latest American brand to face blowback as some consumers change their buying habits in light of Israel's invasion of Gaza. Domino's Pizza Enterprises, a franchisee of the US company that operates Domino's restaurants in Australia, Europe, and Asia, said same-store sales in Asia fell an estimated 8.9% in the second half of 2023. Domino's Pizza Enterprises also operates in countries including Singapore, Japan and Taiwan. Spokespeople for Domino's Pizza Enterprises and Procter & Gamble did not immediately respond to Business Insider's request for additional comment. In an investor presentation last month, Unilever CEO Hein Schumacher said that some of its brands in Indonesia have been affected by "the wars in the Middle East."

Persons: —, America —, Donald Meij, Domino's, Gamble, McDonald's hasn't, Ian Borden, Borden, Hein Schumacher Organizations: Service, Business, Pizza Enterprises, Enterprises, Palestine, CNN, Israel, Procter & Gamble, Bloomberg, Starbucks, Domino's Pizza Enterprises, Procter, Reuters, Unilever Locations: Gaza, Australia, Europe, Asia, Malaysia, Singapore, Japan, Taiwan, Israel, Indonesia, Pakistan, pushback, Egypt, Jordan, London

☆ UK opens antitrust probe into Vodafone merger with CK Hutchison's Three mobile network
▼ + stars: | 2024-01-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

A pedestrian walks past a Vodafone store in central London on May 16, 2023. British mobile giant Vodafone is to axe 11,000 jobs over three years in the latest cull to hit the tech sector, as new boss Margherita Della Valle slammed recent performance. Britain's competition watchdog on Friday said it is opening an investigation into the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison . The initial probe will look at whether the deal will lead to a "substantial lessening of competition," according to the U.K. Competition and Markets Authority (CMA). "The CMA will assess how this tie-up between rival networks could impact competition before deciding next steps."

Persons: Margherita Della Valle, CK Hutchison, Sarah Cardell Organizations: Vodafone, CK, U.K, Competition, Markets Authority, CMA Locations: London, British

☆ 4 ways to move past seasonal sadness with physical activity
▼ + stars: | 2024-01-20 | by ( Dana Santas | ) edition.cnn.com time to read: +6 min

For some, the seasonal shift can lead to a clinically depressive state aptly called seasonal affective disorder, or SAD. Even better, it takes less effort than you might think to realize the mental benefits. Below, I’ve outlined four science-backed ways you can become more active to boost your mental health and ease the winter blues. Meeting the World Health Organization’s guidelines of 2.5 hours of moderate exercise weekly provides maximum overall physical and mental health benefits, but studies have shown that even relatively small doses of activity offer significant mental health benefits. Whatever form of exercise you choose, adding just a little more physical activity into your life will provide noticeable mood-boosting benefits to help you get past the seasonal slump.

Persons: Dana Santas, I’ve, Julia Amaral, What’s Organizations: Pain, CNN, American Psychological Association, Getty, Facebook, Massachusetts General Hospital, CNN’s Locations: playtime

INDIANAPOLIS (AP) — In a state as solidly Republican as Indiana, the May primary is the real competition. Indiana’s primary is May 7. “In Indiana, we are not used to seeing competitive primaries,” said Gregory Shufeldt, a professor of political science at the University of Indianapolis. However, Hill ended the year millions of dollars behind the competition, reporting about $123,000 in cash on hand. Both have led the Indiana Economic Development Corporation, a quasi-governmental agency, and have focused their campaigning on Indiana’s economic future.

Persons: Eric Holcomb, ”, Gregory Shufeldt, Shufeldt, Sen, Mike Braun's, Jim Banks, Donald Trump, Braun, Gov, Suzanne Crouch, Holcomb, Crouch, “ It’s, Curtis Hill, Hill, Mitchell Daniels, Mike Pence, Brad Chambers, Eric Doden, Doden’s, Chambers, Doden, Laura Wilson, Jennifer McCormick, McCormick, Donald Rainwater, Jamie Reitenour, Wilson, ” Wilson Organizations: INDIANAPOLIS, Republican, GOP, University of Indianapolis, U.S, Trump, Indiana Supreme, Gov, Indiana Economic Development Corporation, Democratic, “ Locations: Indiana, “ In Indiana, University of Indianapolis . Indiana

☆ Opinion: There’s a lot of good news for Nikki Haley. But here’s the bad news.
▼ + stars: | 2023-12-05 | by ( David Axelrod | ) edition.cnn.com time to read: +5 min

CNN —The Republican presidential debates have so far produced two big winners – one who will be center stage Wednesday in Tuscaloosa, Alabama, for the fourth GOP matchup, and another who won’t be there at all. The good news for Haley is that she is now running neck-and-neck for second place with the formerly formidable Florida Gov. In skipping the debates, Trump wagered that without his oversized presence, his opponents would primarily train their fire on each other. With Trump absent, Haley, who thus far has mostly eluded frontal attacks, is more likely to get frontrunner treatment from her rivals on Wednesday night. Chris Christie, the most outspoken critic of Trump in the Republican field, also hopes to make New Hampshire a breakthrough moment.

Persons: David Axelrod, ”, Barack Obama, Obama, Nikki Haley, Donald Trump, Haley, Ron DeSantis, Trump, DeSantis, Sen, Tim Scott of, Charles Koch, Chris Christie, Christie, Vivek Ramaswamy, parry, Mike Pence, Doug Burgum, Ronna McDaniel, McDaniel, Joe Biden Organizations: CNN, GOP, UN, South, Republican, Florida Gov, Trump, University of Alabama, Hawkeye State, New, New Jersey Gov, North Dakota Gov, Republican Party Locations: Tuscaloosa , Alabama, South Carolina, Iowa, Hawkeye, New Hampshire, DeSantis, Tim Scott of South Carolina, New Jersey

The logo of Spanish telecoms firm Telefonica is seen atop the company's building in Madrid, Spain, September 6, 2023. REUTERS/Violeta Santos Moura//File Photo Acquire Licensing RightsMADRID, Dec 4 (Reuters) - Telefonica told unions on Monday it was seeking to cut around 5,100 jobs in Spain by 2026 in an effort to reduce costs and adapt the company's size to the current market, a UGT union spokesperson said. The company based the decision on productivity, organization and technical reasons, the union spokesman said as Telefonica and the unions started negotiating the layoffs. In a statement Telefonica confirmed the labour "adjustment", but declined to say how many jobs it intended to axe. The company will negotiate the extent of the job cutting with the union, so that the actual cuts could be fewer than the 5,100 ones targeted by the company, UGT spokesperson Diego Gallart said.

Persons: Violeta Santos Moura, Diego Gallart, Inti Landauro, Matteo Allievi, Jakub Olesiuk, Andrei Khalip, Jan Harvey Organizations: Telefonica, REUTERS, Rights, Thomson Locations: Madrid, Spain

A pedestrian carrying an umbrella walks along the River Thames in view of City of London skyline in London, Britain, July 31, 2023. Finance executives, consultants and headhunters interviewed by Reuters predict subdued deal flows, modest bonuses for most and heavy job cuts in 2024. "2023 will ultimately be one of the lowest corporate finance fee pools in modern history," said Fabrizio Campelli, head of Corporate Bank and Investment Bank at Deutsche Bank. JOB CUTSBanks have already turned to cost cuts to try to weather the downturn, which in a people-intensive business means job losses. And although some bankers expect a tough 2024, others sense an opportunity for European banks from the Basel Endgame.

Persons: Hollie Adams, Fabrizio Campelli, Banks, Ronan O'Kelly, Oliver Wyman, O'Kelly, Dominic Hook, Goldman Sachs, Vis Raghavan, JP Morgan, Morgan McKinley's, Stephane Rambosson, headhunter, Rambosson, Ana Botin, Morgan's Raghavan, there's, Oliver Wyman's O'Kelly, Deutsche's Campelli, Anousha Sakoui, Carolyn Cohn, Jesus Aguado, Alexander Smith Organizations: REUTERS, LONDON, Finance, Reuters, Corporate Bank, Investment Bank, Deutsche Bank, Organisation for Economic Cooperation, Development, Barclays, Lloyds, Challenger Metro Bank, UBS UBSG.S, Citi, Workers, Global Investment Banking, Employment, European Union, Santander, Global, Basel, Thomson Locations: City, London, Britain, Europe, Middle East, Africa, Ukraine, West, China, United States, India, Madrid

Signage is seen outside of a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo Acquire Licensing RightsNov 30 (Reuters) - Metro Bank (MTRO.L) on Thursday announced sweeping cost-cutting plans aimed at bolstering its finances, which could see the embattled British lender lay off 20% of its staff and axe some of its biggest customer perks including seven-day opening hours. The lender expects to take a lower-than-expected one-off restructuring charge of between 10 million pounds and 15 million pounds in 2023. Metro Bank did not immediately respond to a request for clarification on the precise number of roles at risk, but the lender employs around 4,000 people, according to its latest annual report. It is also reviewing its seven-day opening and extended store hours and will "selectively streamline lending" to focus on relationship banking to maximise risk-adjusted returns.

Persons: Hannah McKay, Jaime Gilinski, Daniel Frumkin, outflows, Yadarisa, Sinead Cruise, Elizabeth Howcroft, Rashmi Aich, Sherry Jacob, Phillips, Sharon Singleton Organizations: Metro Bank, REUTERS, Metro, Thomson Locations: London, Britain, Colombian, Bengaluru

☆ Opinion | Should Biden Bow Out, as David Axelrod Urged?
▼ + stars: | 2023-11-26 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “The Axe Is Sharp,” by Maureen Dowd (column, Nov. 19):While reading Ms. Dowd’s column on whether President Biden should run for a second term, I was struck by a historical parallel. Like Mr. Biden, President Lyndon B. Johnson had served a deeply charismatic president and used his extensive senatorial experience to seal that president’s vision with legislation. But facing health concerns and declining popularity because of the Vietnam War, as well as surprisingly strong opposition by Robert F. Kennedy, Johnson decided that his moment had passed. As David Axelrod has noted, it is time to consider allowing other Democratic leaders to step forward. Mr. Biden has served the nation honorably for longer than most Americans have been alive, guiding the country through dark times and leaving a clear legislative mark.

Persons: Maureen Dowd, Biden, Lyndon B, Johnson, Robert F, Kennedy, David Axelrod Organizations: Democratic Locations: Vietnam

OTTAWA, Nov 24 (Reuters) - Canada's Liberal Prime Minister Justin Trudeau on Friday said his main political rival on the right was abandoning Ukraine under the influence of Donald Trump, the Republican frontrunner in next year's U.S. election. Canada's Prime Minister Justin Trudeau takes part in a climate change conference in Ottawa, Ontario, Canada October 18, 2022. The Ukrainian Canadian Congress, a lobby group, said in a statement it was disappointed Conservatives had voted against the trade agreement. On Thursday Poilievre insisted that he supported Ukraine and a free-trade deal, but "voted against Justin Trudeau forcing a carbon tax into that pre-existing agreement". One of Poilievre's main promises is to "axe" Canada's carbon tax if elected.

Persons: Justin Trudeau, Friday, Donald Trump, Pierre Poilievre, Trudeau, MAGA, Blair Gable, Poilievre, Sebastian Skamski, Trump, clobber Trudeau, Steve Scherer, Deepa Babington Organizations: OTTAWA, Liberal, Republican, Conservative, Conservative Party of Canada, Canadian Conservatives, European Union, Trump, Kyiv, Canada's, REUTERS, Ukrainian Canadian Congress, Liberals, Thomson Locations: Ukraine, U.S, Canada, Newfoundland, Ottawa , Ontario, Russia

☆ Elon Musk is backpedaling and bringing article headlines back to X
▼ + stars: | 2023-11-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk says X is going to display article headlines for links posted on the platform again. The about-turn comes less than two months after X stopped displaying article headlines in October. AdvertisementElon Musk says X is going to start displaying article headlines for links posted on the platform again. The announcement comes just less than two months after X stopped displaying article headlines in October. — Elon Musk (@elonmusk) August 22, 2023When an X user teased Musk for reversing his own decision, Musk said that the article headlines would be displayed differently this time.

Persons: Elon Musk, X, Musk, —, ince, witter B Organizations: Service, ust Locations: lon, usk

☆ Opinion | The Axe Is Sharp
▼ + stars: | 2023-11-18 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

It’s what he has fought all his life for, even battling his way through “friendly fire,” as Hunter Biden told me, in the Obama White House, when some Obama aides undermined him. It must have been awful when Obama took his vice president to lunch and nudged him aside for Hillary to run in 2016. He needs to gather the sharpest minds in his party and hear what they have to say, not engage in petty feuds. Of course, if he’s convicted, that could turbocharge his campaign even more. It’s a perfect playing field for the maleficent Trump: He learned in the 2016 race that physical and rhetorical violence could rev up his base.

Persons: Hunter Biden, Obama, Hillary, Biden, Trump, Jack Smith’s, that’s, maleficent Trump, Paul Pelosi’s, Jonathan Karl, ” Organizations: Biden, House Locations: Jack Smith’s Washington

Experts say Trudeau's carbon pricing scheme, known as the carbon tax, works well and cannot be easily replaced. Even the left-leaning New Democrats, who support Trudeau's government in parliament and have previously defended the carbon tax, are calling for the exemption. Analysts said the carbon tax carve-out is another example of inconsistent policy. CARBON TAX REBATEThe carbon tax is intended to discourage use of fossil fuels and accelerate a switch to clean energy, but the recent carve-out underlines how fragile climate policy is in the face of pressing political calculations. In September, Bank of Canada governor Tiff Macklem said the carbon tax contributes about 0.15 percentage points to the inflation rate, which was 3.8% that month.

Persons: Justin Trudeau, Jessica Lee, Richard Brooks, Brooke, Brooks, Chris Severson, Baker, Pierre Poilievre, clobber Trudeau, Shachi Kurl, Angus Reid, Kurl, Jonathan Wilkinson, Wilkinson, Macklem, Trudeau, Robert Asselin, Asselin, Nia Williams, Steve Scherer, Josie Kao Organizations: Canada's, Ontario Chamber, Economic Summit, REUTERS, Rights Ottawa, Canadian, Provincial, New Democrats, Pembina Institute, Liberal, Conservative, Angus Reid Institute, Atlantic, Natural Resources, Reuters, Bank of Canada, Business Council of Canada, The Business Council, Thomson Locations: Toronto , Ontario, Canada, Ottawa

☆ Germany's Continental considers measures to improve competitiveness
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

A car wheel with a badge showing the logo of German tyre company Continental, pictured before the company's annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsCompanies Continental AG FollowFRANKFURT, Nov 12 (Reuters) - Continental (CONG.DE) on Sunday said it is considering how to improve competitiveness of its automotive division but stopped short of commenting on a report that it could axe about 5,500 jobs worldwide. "Continental is looking into further measures to strengthen the competitiveness of its Automotive division," a spokesman said in reply to emailed questions about the report by business publication Manager Magazin. Once it has taken concrete decisions the company will publicise them internally and then inform the public, he added. Manager Magazin earlier wrote that the multinational automotive parts manufacturer could cut about 5,500 jobs in the automotive division, more than 1,100 of which would be at its 30 locations in Germany.

Persons: Fabian Bimmer, Vera Eckert, David Goodman Organizations: Continental, REUTERS, FRANKFURT, Automotive, Thomson Locations: Hanover, Germany

☆ Marjorie Taylor Greene and other Republicans are taking advantage of a 19th-century House rule to try to lower Biden officials' salaries to $1
▼ + stars: | 2023-11-09 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

In 1876, the House passed the Holman Rule for the very first time. The rule's been utilized 36 times this year by House Republicans. AdvertisementAdvertisementRep. Marjorie Taylor Greene and House Republicans are trying to bring an obscure House rule from the 19th century back in vogue. The Holman Rule hasn't always been included in rules packages since it its introduction in 1876 — the rule has been removed and re-added to the House rule book on numerous occasions. The 115th Congress also briefly instituted the Holman Rule, though the congressional body never passed a single amendment using it.

Persons: Holman, —, Marjorie Taylor Greene, William S Holman, Greene's, Defense Lloyd Austin, Transportation Pete Buttigieg, Alejandro Mayorkas, Amanda Bennett, Pete, Greene, Antony Blinken, Cyrus Salazar, hasn't, Kevin McCarthy Organizations: House Republicans, Service, Biden, Rep, Defense, Transportation, Homeland, US Agency for Global Media, White, Lawmakers, Department of Defense's, Diversity, Equity, Senate, GOP, Representatives, Congress Locations: Canadian

☆ Disney is in trouble. Bob Iger has 5 big problems to solve
▼ + stars: | 2023-11-08 | by ( Samantha Delouya | ) edition.cnn.com time to read: +8 min

Last quarter, Disney’s linear television revenue continued to slip, declining 7% compared to the same quarter last year. Disney World angstIt may not be all bad news for Disney, though. However, Disney World Resort in Florida has struggled with declining attendance in recent months. Over the summer, Disney World parkgoers experienced shorter-than-expected ride wait times and fewer crowds. Nearly one year ago, Iger unexpectedly came out of retirement to take over the role of Disney CEO once again after the board unexpectedly fired his successor, Bob Chapek.

Persons: Ron DeSantis, Bob Iger, Hugh Johnston, Christine McCarthy, Iger, ” Iger, I’ve, expansively, Indiana Jones, Reynaud Julien, Bank of America’s Jessica Reif Ehrlich, Ehrlich, Jason Bazinet, Disney, Disney isn’t, ”, Vijay Jayant, underperformance, Bob Chapek, Johnston Organizations: Los Angeles CNN, Disney, Republican, Gov, Warner Bros, CNN, Media, YouTube, ESPN, Wall Street, PepsiCo, ABC, Disney Channel, Geographic, “, Destiny, Cannes Film, APS, Bank of America’s, Citigroup, Shanghai Disney Resort, Hong Kong Disneyland Locations: Florida, Refinitiv, Cannes, France, Canada, Hulu, Shanghai, Hong, Central Florida

☆ UBS dragged into the red with Credit Suisse takeover
▼ + stars: | 2023-11-07 | by ( Noele Illien | ) www.reuters.com time to read: +3 min

ZURICH, Nov 7 (Reuters) - UBS Group (UBSG.S) posted a $785 million loss in the third quarter after expenses tied to the Swiss bank's takeover of Credit Suisse while signalling that its core wealth business is stabilising. Stripping out the impact of the takeover, UBS made an underlying profit of $844 million. With the takeover, UBS now oversees more than $5 trillion in assets. It has been working to recover from the exodus of client funds from Credit Suisse with above-market rates on deposits. It also continued to cut staff, which accounted for a big chunk of the more than 2 billion Swiss francs ($2.22 billion) of costs related to integration.

Persons: Sergio Ermotti, Goldman Sachs, Colm Kelleher, Noele Illien, John O'Donnell, Christopher Cushing Organizations: UBS, Credit Suisse, Goldman, Thomson Locations: ZURICH, Swiss, Switzerland, Zurich

☆ UBS dragged into the red by Credit Suisse takeover but inflows cheer
▼ + stars: | 2023-11-07 | by ( Noele Illien | ) www.reuters.com time to read: +4 min

ZURICH, Nov 7 (Reuters) - UBS Group (UBSG.S) reported a $785 million loss in the third quarter after expenses tied to the Swiss bank's takeover of Credit Suisse while signalling that its core wealth business is stabilising. "We are executing on the integration of Credit Suisse at pace and have delivered underlying profitability for the group in the first full quarter since the acquisition," said Chief Executive Sergio Ermotti. Analysts at Goldman Sachs had expected $14 billion for the group, with the Swiss bank already disclosing $8 billion for the months of July and August. It has been working to recover from the exodus of client funds from Credit Suisse with above-market rates on deposits. UBS has continued to cut staff, which accounted for a big chunk of the more than 2 billion Swiss francs ($2.22 billion) of costs related to integration.

Persons: Sergio Ermotti, Goldman Sachs, Andreas Venditti, Colm Kelleher, Noele Illien, John O'Donnell, Christopher Cushing, Tomasz Janowski Organizations: UBS, Credit Suisse, Goldman, Thomson Locations: ZURICH, Swiss, Zurich, Switzerland

☆ Google, Lendlease axe plans for $15 billion development in Bay Area
▼ + stars: | 2023-11-04 | by ( Manav Tanneeru | Alicia Wallace | ) edition.cnn.com time to read: +4 min

CNN —Alphabet’s Google has scrapped a development deal to build $15 billion worth of homes, offices and retail space in California’s Silicon Valley. The announcement comes amid a period of deep cost-cutting and layoffs for Google and during a time when commercial real estate is faltering. Billion-dollar investmentsIn June 2019, Google made a $1 billion pledge to help develop more affordable housing in the increasingly unaffordable region. A month later, Google partnered with Lendlease to redevelop its landholdings for a 10- to 15-year project valued at $15 billion. Lending to commercial real estate developers and managers largely comes from small and mid-sized banks, where the pressure on liquidity has been most severe.

Persons: Lendlease, “, ” Lendlease, Google’s, we’ve, ”, Sundar Pichai, “ We’ve, ” Scott Foster, Goldman Sachs Organizations: CNN, Google, San Francisco Bay Project, Alexa, Wall Street Journal, Lendlease Locations: Silicon, San Francisco Bay, San Jose, Sunnyvale, Bay, Mountain View

☆ Layoffs at Maersk hit 10,000 as pandemic shipping boom turns to bust
▼ + stars: | 2023-11-03 | by ( Anna Cooban | ) edition.cnn.com time to read: +1 min

London CNN —Shipping giant Maersk is laying off thousands more workers as weak demand and lower freight prices pummel its revenues — a sign the pandemic-driven boom in shipping is turning to bust. “Our industry is facing a new normal with subdued demand, prices back in line with historical levels and inflationary pressures on our cost base,” Maersk Chief Executive Vincent Clerc said in a statement. The composite cost of shipping a 40-foot container on eight major global routes stood at $1,406 this week, according to London-based Drewry Shipping. Maersk also said it expected its full-year profit to come in at the lower end of its previously stated range of $9.5 billion to $11 billion. The company’s shares sank as much as 12.5% in early trade Friday, extending those losses later to trade down 17.2% by 7.41 a.m.

Persons: ”, Vincent Clerc, Maersk Organizations: London CNN — Shipping, ” Maersk, Drewry Shipping Locations: Danish, London

☆ Who Killed the Innkeeper With a Sword in 1315?
▼ + stars: | 2023-11-02 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

A street musician murdered for playing music too loudly after dusk. And who killed the innkeeper with a sword after a fight? But fans of true crime and history can now peruse them in an interactive medieval murder map released in September by University of Cambridge researchers. Users can click through the back stories of more than 300 murders in the English cities of London, York and Oxford. Entries are searchable by gender, day of the week and even weapon (pole-axe or crossbow?).

Persons: Queen, England, ”, Manuel Eisner Organizations: University of Cambridge, Oxford, Cambridge Locations: London, York

☆ Saskatchewan vows to stop collecting Canada's carbon tax on heating
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

Saskatchewan Premier Scott Moe is seen as Canada's provincial premiers meet in Toronto, Ontario, Canada December 2, 2019. If the federal government does not extend the exemption, Saskatchewan "will stop collecting and submitting the carbon tax on natural gas" starting on Jan. 1. Alberta Premier Danielle Smith has also complained that her province was not included in the carbon tax pause on heating. Conservative opposition leader Pierre Poilievre is holding rallies to "axe" the carbon tax, a message that has resonated amid high inflation. Saskatchewan and other provinces had previously challenged the legality of the carbon tax and lost in a ruling by the Supreme Court.

Persons: Scott Moe, Carlos Osorio, Justin Trudeau, Moe, Danielle Smith, Doug Ford, Pierre Poilievre, Poilievre, Trudeau, Steve Scherer, Tomasz Janowski, Sandra Maler Organizations: Saskatchewan, REUTERS, Rights OTTAWA, Alberta, Ontario, Conservative, Supreme, Thomson Locations: Toronto , Ontario, Canada, Canadian, Saskatchewan, Ottawa, Atlantic, Atlantic Canada, Maritime

☆ ‘Billions’ series finale review (SPOILERS): The Showtime drama settles all accounts with its final showdown
▼ + stars: | 2023-10-29 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

Editor’s note: The following contains spoilers about the series finale of “Billions,” titled “Admirals Fund.”After seven twisty seasons, with more double and triple crosses than you can shake a stock certificate at, “Billions” successfully landed the plane (OK, private jet) with its series finale, in a satisfying finish that reassembled the key players and even gave them time to take individual bows. For a show with so much bite and venom, it was oddly sentimental in generally the best of ways. The final season found a way to raise the stakes above high finance, with billionaire Mike Prince (Corey Stoll) running for president, exhibiting enough problematic qualities and questionable beliefs to inspire those within in his inner circle to turn against him and try to thwart his bid. If it wasn’t quite the game of catch scene from “Field of Dreams,” for these purposes the point was much the same. The “Billions” finale is playing on Paramount+ and will premiere October 29 on Showtime.

Persons: Mike Prince, Corey Stoll, Prince, immeasurably, Damian Lewis, Bobby “, ” Axelrod, Chuck Rhoades, Paul Giamatti, Jeffrey DeMunn, Chuck, “, Brian Koppelman, David Levien, Bobby, Wendy, Maggie Siff, Mike “ Wags ” Wagner, David Costabile, ”, Steve Miller Organizations: “, Showtime, Paramount

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