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☆ Tony Bennett’s 10 Essential Songs
▼ + stars: | 2023-07-21 | by ( Rob Tannenbaum | ) www.nytimes.com time to read: +1 min

When Anthony Dominick Benedetto was growing up in Astoria, Queens, during the Depression, his parents couldn’t afford to pay for the singing lessons he wanted. Anthony Benedetto later took the advice of the comedian Bob Hope and adopted the more Americanized stage name Tony Bennett. Voice lessons, however long delayed, were important to his development. After he served in World War II, Bennett studied, thanks to the G.I. In 1965, Frank Sinatra told Life magazine, “For my money, Tony Bennett is the best singer in the business.” He held on to that distinction for decades to follow.

Persons: Anthony Dominick Benedetto, John Benedetto, Anthony Benedetto, Bob Hope, Tony Bennett, Bennett, Bill, Cole Porter, Stevie Wonder, Frank Sinatra Organizations: Kennedy Center, Library of Congress, American Theater Wing Locations: Astoria , Queens, Italy, Manhattan, Italian

☆ Tony Bennett, legendary American singer, dies at age 96
▼ + stars: | 2023-07-21 | by ( Bill Trott | ) www.reuters.com time to read: +7 min

[1/10] Singer Tony Bennett performs during Sinatra 100 - An All-Star Grammy Concert in Las Vegas, Nevada December 2, 2015. The star-studded tribute was held to mark the would be 100th birthday of legendary performer Frank Sinatra on December 12. The comedian was so impressed that he had the singer change his name to Tony Bennett and used him as an opening act. In 2016 a statue of Bennett was unveiled outside San Francisco's Fairmont Hotel, where Bennett first performed the song some 55 years before. "Tony Bennett has not just bridged the generation gap, he has demolished it," the New York Times wrote in 1994.

Persons: Tony Bennett, Sinatra, Frank Sinatra, Steve Marcus, Bennett, Sylvia Weiner, Gaga, Beatle Paul McCartney, Aretha Franklin, Willie Nelson, Bono, Bruce Willis, John Travolta, Danny, Bob Hope, Anthony Dominick Benedetto, Joe Bari, Hope, Hank Williams, Basie, Count Basie, Cole Porter, Johnny Mercer, George, Ira Gershwin, Richard Rodgers, Lorenz Hart, Singer, Harry Belafonte, Martin Luther King Jr, Belafonte, Jesse Jackson, Ralph Sharon, Danny Bennett, Sharon, Lady Gaga, Susan Crow, Patricia Beech, Sandra Grant, Bill Trott, Brendan O'Brien, Diane Craft, Jonathan Oatis, Matthew Lewis Organizations: REUTERS, MTV, Partners, New York's Radio City Music, Columbia Records, Count Basie Orchestra, Twitter, New York Times, Thomson Locations: Las Vegas , Nevada, San Francisco, New York City, New York, Europe, New, Greenwich, Selma , Alabama, Francisco, San, Chicago

☆ Ferrari does not need to buy other supercar makers, CEO says
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +1 min

Companies Ferrari NV FollowMILAN, June 5 (Reuters) - Ferrari (RACE.MI) has no plans to purchase other sports car makers, the company's Chief Executive Benedetto Vigna said on Monday. "I don't think it makes sense for us to buy other supercar makers," Vigna said during a conference organized by Bloomberg, replying to a question about possible M&A operations by the Italian company. Vigna said Ferrari would finish building a new assembly facility, its so called 'e-building', in its Maranello hometown in June next year. The CEO said that Ferrari would not only be making fully-electric cars on the new assembly-line. Reporting by Giulio Piovaccari, editing by Gavin JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Benedetto Vigna, Vigna, Ferrari, Giulio Piovaccari, Gavin Jones Organizations: MILAN, Bloomberg, Thomson Locations: Italian

☆ Ferrari doesn't care about autonomous vehicles, CEO says
▼ + stars: | 2023-05-09 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Ferrari's CEO says the company doesn't care about self-driving technology. Benedetto Vigna told a car summit hosted by the FT the group had the tech in place to build EVs. Ferrari doesn't care about technology for an autonomous vehicle, its boss says, reinforcing the company's intention to never build self-driving cars. There is performance software, there is comfort software, there is infotainment software, and there is autonomous," Vigna said. He suggested the company's shunning of self-driving software helped the group mostly stick to that tradition.

☆ Ferrari profit jumps 24% as demand pushes waiting list into 2025
▼ + stars: | 2023-05-04 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +3 min

Here are the key numbers from Ferrari's first-quarter earnings report, compared with Wall Street analysts' consensus expectations as reported by Refinitiv:Earnings per share: 1.63 euros, vs. 1.48 euros expected. 1.63 euros, vs. 1.48 euros expected. Revenue: 1.43 billion euros, vs. 1.39 billion euros expected. Revenue increased 20% year over year, to 1.43 billion euros from 1.19 billion euros in the first quarter of 2022. It still expects revenue of about 5.7 billion euros in 2023, with adjusted earnings per share between 6 euros and 6.20 euros.

☆ Ferrari’s green journey takes surprise turn: podcast
▼ + stars: | 2023-03-30 | by ( Lisa Jucca | ) www.reuters.com time to read: 1 min

MILAN, March 30 (Reuters Breakingviews) - Europe’s plan to support carbon-neutral fuels is good news for the $50 bln luxury carmaker, CEO Benedetto Vigna says on the Exchange podcast. It will allow the group to flog the roaring engines that made its fortune. Listen to the podcastFollow @LJucca on TwitterSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. Editing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Europe throws ignition cars a thin lifeline
▼ + stars: | 2023-03-28 | by ( Lisa Jucca | ) www.reuters.com time to read: +4 min

Bowing to pressure from automaking Germany, the European Union has agreed to exempt cars that run on carbon-neutral synthetic fuel from a ban on new combustion engine vehicles in 2035. loadingFor mass-market brands, electric cars will likely remain the cheapest option. RBC industry analysts expect electric and plug-in hybrid vehicles to make up 90% of Western European passenger vehicle sales by 2035. Yet, it will do little to stop the hollowing out of Europe’s combustion engine supply chain. The deal paves the way for EU ministers to approve the 2035 phaseout law for CO2-emitting cars on March 28.

☆ Ferrari CEO welcomes EU decision on e-fuels
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: 1 min

Companies Ferrari NV FollowMILAN, March 27 (Reuters) - The chief executive of Ferrari (RACE.MI) on Monday welcomed plans to exempt cars that run on e-fuels from the European Union's planned 2035 phaseout of new combustion engine vehicles. The decision would give the luxury Italian carmaker "greater freedom on the propulsion scheme," CEO Benedetto Vigna told a Reuters newsmaker event. Ferrari, which is renowned for its roaring petrol engines, is already producing plug-in hybrid cars and has promised its first full-electric vehicle for 2025. Reporting by Lisa Jucca and Giulio Piovaccari; writing by Keith Weir; editing by Alvise ArmelliniOur Standards: The Thomson Reuters Trust Principles.

☆ In the three-way battle between YouTube, Reels and TikTok, creators aren't counting on a big payday
▼ + stars: | 2023-02-27 | by ( Zach Vallese | ) www.cnbc.com time to read: +6 min

Several told CNBC still earn higher monthly payouts on YouTube than on other platforms, including TikTok and Reels. Since the launch of YouTube Shorts' new partnership program on February 1, the results have been mixed. MrBeast's ongoing multi-million dollar investments in his YouTube videos demonstrate the platform's potential for generating strong returns, attracting influencers with significant followings. Creators' past criticism of YouTube Shorts paymentCreators had been expressing dissatisfaction with YouTube's approach to paying them for Shorts. TikTok pays its creators through its own TikTok Creator Fund, which the company has pledged to grow from $200 million to $1 billion over the next three years.

☆ F1 team bosses have their own light-bulb moment
▼ + stars: | 2023-02-26 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

LONDON, Feb 26 (Reuters) - The late McLaren boss Teddy Mayer liked to compare Formula One drivers to interchangeable light-bulbs, declaring "you plug them in and they do the job", and nowadays the same might be said for team principals. The Frenchman is on his third different team, after stints at Sauber and Renault. "It shows also that the role of the team principal is maybe sometimes also a bit over-rated because if you can change it so quickly and there is no big impact, it tells also something. Sauber, with Swedish billionaire Finn Rausing as chairman of the board, will become the Audi works team from 2026. "But other than that we must not forget that F1 teams have developed into big organisations where the owners are not any more the team principals... some have engineers as team principals, some have more an old-fashioned rule."

☆ Ferrari CEO says Tesla's success was a 'wake up call' for the auto industry
▼ + stars: | 2023-02-13 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

Ferrari is an "emotional car" while Tesla is a "functional car," he said. Ferrari plans to unveil its first fully electric car in 2025, taking it to market in 2026. And Tesla certainly got things moving for the electrification of the automotive industry, Ferrari CEO Benedetto Vigna told Bloomberg. While investing in electric cars, it will "keep offering a mix of technology for as long as it's feasible. As "functional" electric cars, to use Vigna's words, become more and more popular, luxury automakers like Ferrari are getting ready to enter the market.

☆ Ferrari names Lorenzo Giorgetti as chief racing revenue officer
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +1 min

MILAN, Feb 7 (Reuters) - Ferrari (RACE.MI) said on Tuesday it had appointed Lorenzo Giorgetti to the newly-created position of chief racing revenue officer, tasked with boosting long-term relations with sponsors across all racing activities. Among his previous posts Giorgetti has been chief commercial officer at Serie A soccer club AC Milan and head of commercial management in the sports division of Italian publisher RCS Mediagroup (RCSM.MI), Ferrari said in a statement. He will directly report to Ferrari's CEO Benedetto Vigna and will also cover the booming Esports field of videogame sport competitions. It comes just after Ferrari appointed Frenchman Frederic Vasseur as its new Formula One team principal in an effort to regain competitiveness in its flagship competition. Ferrari's revenues from 'sponsorship, commercial and brand', which include those earned by its Formula One racing team through sponsorship agreements, rose 11% last year to 479 million euros ($512 million).

☆ Ferrari revs up for "even stronger 2023" after beating forecasts in Q4
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +1 min

Companies Ferrari NV FollowMILAN, Feb 2 (Reuters) - Ferrari (RACE.MI) said on Thursday it saw "even stronger" results this year after posting a 16% increase in its core earnings in 2022, supported by increased sales volumes of its luxury sports cars. Ferrari said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) would come in between 2.13-2.18 billion euros in 2023, from an above-guidance result of 1.773 billion last year. By 1145 GMT they were up 1.8%,In the fourth quarter, adjusted EBITDA rose 18% to 469 million euros ($516 million). "These figures provide the base for an even stronger 2023, fuelled by a persistently high demand for our products worldwide," said Benedetto Vigna, Ferrari CEO. Deliveries of Ferrari's new 390,000 euro Purosangue are expected to start in the second quarter of this year.

☆ Drone strikes leave more than a million without power in southern Ukraine, officials say
▼ + stars: | 2022-12-11 | by ( Mithil Aggarwal | ) www.nbcnews.com time to read: +5 min

Russia used Iranian-made drones to target energy infrastructure in and around the port city of Odesa, leaving more than 1.5 million people without power, Ukrainian officials said Saturday. “The situation in Odesa region is very difficult,” President Volodymyr Zelenskyy said in his nightly video address posted to his Telegram channel. People watch the soccer World Cup in a restaurant powered by a generator after a drone attack knocked out power in Odessa, Ukraine, on Saturday. The strikes were launched by the U.S.-supplied HIMARS missiles, Yevgeny Balitsky, the Russian-appointed governor of the region, said on his own Telegram. He added that that it would help Ukrainian forces cut supplies to Crimea, which Russia has been using as a launchpad for its offensives and missile strikes.

☆ Venezuela's long-suffering manufacturers face new challenge: Colombian imports
▼ + stars: | 2022-11-02 | by ( Deisy Buitrago | ) www.reuters.com time to read: +4 min

The change opens Venezuela to more imports from its neighbor as domestic manufacturers are still struggling, though some got a boost from a de facto dollarization. Tini's company Full Time, one of Venezuela's largest shoe manufacturers, is set to increase production to 20,000 pairs this year from 12,000 in 2021, but imports worry him. Local industries "cannot compete on equal terms with Colombian products," said Luigi Pisella, president of Conindustria, one of the top business associations representing Venezuela's manufacturers. Between January and August this year, the Colombian government's DANE statistics agency valued the country's exports to Venezuela at some $400 million while Venezuelan imports to Colombia were just $56 million. Business people said there are few incentives for manufacturers, high taxes and not enough efforts to combat inflation.

☆ Ferrari lifts profit forecast after strong Q3, keeps cautious stance on margins
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +2 min

But the company added margin on adjusted EBITDA was now seen at around 35% for this year, versus a previous guidance of over 35%. It said industrial costs and research and development expenses weighed for an additional 34 million euros ($33.7 million) on its core result in the past quarter mainly due to higher depreciation and amortization and cost inflation. In the third quarter, adjusted EBITDA rose 17% to 435 million euros, supported by a double-digit increase in shipments. The result topped analyst expectations of 418 million euros, according to a Reuters poll. With a 73% increase, the China, Hong Kong and Taiwan region scored the largest shipment growth in the quarter.

☆ Ferraris and Aston Martins Are Still Selling Well—When They Can Be Built
▼ + stars: | 2022-11-02 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

The superrich are throwing more money than ever at fancy cars. That doesn’t always make them super-profitable to manufacture. Ferrari reported “remarkable order intake” alongside third-quarter earnings on Wednesday. The luxury-car maker doesn’t disclose reservations, yet orders for its Purosangue model—its long-discussed answer to sport-utility vehicles, launched in September with a starting price of €390,000 in Italy, equivalent to $385,000—are running “way above our most promising expectations,” said Chief Executive Officer Benedetto Vigna on a call with analysts.

☆ Ferrari raises its 2022 guidance again on red-hot demand for sports cars
▼ + stars: | 2022-11-02 | by ( John Rosevear | ) www.cnbc.com time to read: +2 min

Ferrari on Wednesday again raised its guidance for the full year after shipments, revenue and earnings per share all rose by double-digit percentages during the third quarter. The Italian supercar maker now expects revenue of about 5 billion euros and adjusted earnings per share of about 5 euros for the full year. Here are the key numbers from the third-quarter earnings report:Earnings per share: 1.23 euros vs. 1.18 euros expected by Wall Street analysts polled by Refinitiv. 1.23 euros vs. 1.18 euros expected by Wall Street analysts polled by Refinitiv. Revenue: 1.25 billion euros vs. Wall Street's estimate of 1.16 billion euros per Refinitiv.

☆ 7 people who left California detail the bigger and better homes they were able to buy or rent in their new locations
▼ + stars: | 2022-10-15 | by ( Jordan Pandy | Robert Davis | ) www.businessinsider.com time to read: +12 min

Seven people who chose to leave California told Insider about the bigger and better homes they could afford in other locations. Brittany PhillipsName: Brittany Phillips, 37Profession: Hairstylist making about $85,000 a yearHome in California: Phillips shared a three-bedroom, 1,353-square-foot house with a roommate. Home in Florida: Phillips and her 13-year-old daughter moved in with her parents in a northwest Florida hot spot, Panama City Beach. Worst part of California: Phillips felt that California is simply unaffordable. Worst part of California: Berube said Chino Hills was getting crowded and expensive.

Russia’s domestic intelligence service said Wednesday it arrested eight people in connection with a blast that damaged a key bridge to the annexed Crimean Peninsula, blaming Ukraine for an incident that dealt a high-profile blow to President Vladimir Putin. In a press release Wednesday, the FSB said Ukraine’s military intelligence and its chief, Kyrylo Budanov, were behind the attack. The explosive was detonated as it was being carried in a truck toward Crimea on Saturday, the FSB said. A press officer for Ukraine's military intelligence service, Andrii Yusov, declined to comment, telling NBC News: "We are not commenting on the statements made by terrorists." Putin swiftly labeled the bridge blast “terrorism” and boasted that the deadly aerial barrage his military unleashed on Ukrainian cities earlier this week was an act of revenge.

The logo of Ferrari is seen in the headquarters as CEO Benedetto Vigna unveils the company's new long term strategy, in Maranello, Italy, June 15, 2022. They cover almost 70,000 workers in Italy, two thirds of them at the former Fiat-Chrysler, which last year merged with France's PSA to create Stellantis, whose brands also include Peugeot and Jeep. Spokespeople for Stellantis and Iveco said they would not make any comment until unions have filed a formal request, in coming days or weeks. The Agnelli family's holding company Exor (EXOR.AS) is a major shareholder in carmakers Stellantis and Ferrari, truckmaker Iveco and agricultural and construction machine maker CNH Industrial. This is separate from a national contract for workers in other parts of the metal and mechanical sector.

☆ Ferrari’s SUV clears road to bold sales target
▼ + stars: | 2022-09-14 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Guglielmo Mangiapane/File PhotoMILAN, Sept 14 (Reuters Breakingviews) - Ferrari’s (RACE.MI) long-awaited Purosangue SUV will propel the Italian sports carmaker towards its bold revenue target read more . Rival Lamborghini’s Urus SUV is already on sale. That implies car sales of perhaps 5.4 billion euros, after excluding sponsorship and other revenue. That’s 1.2 billion euros of revenue. He could make 5.5 billion euros in car revenue before even hiking price tags.

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