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☆ Using marijuana during pregnancy may heighten risk for baby
▼ + stars: | 2023-11-16 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

The vast majority of marijuana use was during the first three months of pregnancy, the study found, and it was predominantly recreational rather than medical. A 2020 study found that women who used weed during pregnancy were 1.5 times more likely to have a child with autism. However, mothers using marijuana during pregnancy were 2.6 times more likely to give birth to a baby with a low birth weight, which can contribute to difficulties in eating, gaining weight and fighting infection. Indeed, the study also found that infants born to moms using marijuana were 2.5 times more likely to need to be admitted for intensive care. A warning for pregnant peopleAny woman using marijuana who discovers she is pregnant should immediately discuss the issue with her doctors, experts say.

Persons: CNN —, ”, Maryam Sorkhou, “, ” Beth Bailey Organizations: CNN, CNN — Infants, University of Toronto, National Institute on Drug, US Centers for Disease Control, Central Michigan University’s College of Medicine, American College of Obstetricians Locations: United States, Canada, Mount Pleasant

☆ Stock Market Today: Stocks Look to Build on Post-CPI Rally
▼ + stars: | 2023-11-15 | by ( ) www.wsj.com time to read: +1 min

Stock futures pointed to more gains for markets after softer-than-expected U.S. inflation data on Tuesday sent equities and bonds soaring. The WSJ Dollar Index was relatively flat. European stocks rose. Stocks in London led gains after U.K. inflation slowed to a two-year low, suggesting the Bank of England may also be done raising rates. Asian stocks jumped.

Organizations: Federal Reserve, Stock, Target, Bank of England Locations: London, China, Japan

☆ Polimorphic uses AI to cut down on admin faced by local governments. Check out the 16-slide deck it used to raise $5.6 million.
▼ + stars: | 2023-11-06 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Polimorphic, a startup using AI to help improve governmental workflows, has raised $5.6 million from early-stage fund M13. "A lot of services require you to either come in person or mail in PDFs or checks. "We're really focused on helping make that customer service easier, more efficient, but then also magical for constituents," he said. "So when you think about the opportunities AI provides, is the opportunity for governments to be able to provide critical services," he said. Check out the 16-slide pitch deck used to secure the fresh funding.

Persons: it's, Parth Shah, Shah, Latif Peracha, Polimorphic Organizations: Shine Locations: New York

☆ CNBC Daily Open: A perfect day for markets and a falling Apple
▼ + stars: | 2023-11-03 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTTim Cook, chief executive officer of Apple Inc., holds an iPhone 15 Pro Max during an event at Apple Park campus in Cupertino, California, US, on Tuesday, Sept. 12, 2023. David Paul Morris | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineIt was an astounding day for markets, with everything falling into place as perfectly as investors could have hoped for. Labor costs actually fell for a three-month period ending September — compared with an expected increase — while unemployment claims ticked up.

Persons: Tim Cook, Max, David Paul Morris, Stocks, there's, it's Organizations: Apple Inc, Apple, Bloomberg, Getty, CNBC, Treasury, U.S, Labor, Dow Jones, Nasdaq Locations: Cupertino , California, U.S

☆ Here's how much the options market expects Apple shares to move off earnings
▼ + stars: | 2023-10-30 | by ( Michael Khouw | ) www.cnbc.com time to read: +7 min

It's a big week: a Federal Reserve meeting, unemployment numbers and earnings for the biggest company in the S & P 500. The problem is the S & P 500, as a barometer of economic health, much like Pollyanna, skews optimistic by nature of its design. By contrast to the S & P, the R2K tracks smaller, less well-known businesses. In this way a call option will increase in value if the stock price rises through the strike price. In this case the "at-the-money" straddle expiring this coming Friday, November 3rd, is priced at $7.70 or nearly 4.6% of the current stock price.

Persons: Berkshire Hathaway, Tesla, Eli Lilly, ytd, Russell, Friday's Organizations: Reserve, U.S, Apple, Microsoft, Nvidia Locations: Europe, China, U.S, Berkshire

☆ A renowned market bear who called the dot-com bubble shares 3 warning signs that the economy is crumbling despite upbeat data, putting stocks at risk of further downside
▼ + stars: | 2023-10-28 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

The S&P 500 is up 7.6% year-to-date. Only about 40% of analyst ratings changes for S&P 500 companies are upgrades. While the S&P 500 is up over 7% this year, Edwards cited it as another data point covering up the economy's true health. Their outsized contribution to the index's performance is evidenced by the returns of the S&P 500 equal-weighted index, Edwards said, which is down by 5% this year. In the equal-weighted index, each individual S&P 500 constituent's performance impacts the overall index's performance the same.

Persons: Albert Edwards, " Edwards, Edwards, Freddie Kruger, —, Russell Organizations: Generale Chief Global, Societe Generale They're, Societe Generale, National Federation for Independent, Institute, Supply, Apple, Microsoft, Nvidia, Tesla, RBC Capital Markets

☆ Why Has This 258-Year-Old Mansion Been Left to Fall Apart?
▼ + stars: | 2023-10-27 | by ( Ginia Bellafante | More About Ginia Bellafante | ) www.nytimes.com time to read: +2 min

Since then, millions more have been needed from elected officials to complete the work. The notion that “the board has been lax in passion is the farthest thing from the truth,” Lisa Koenigsberg, an architectural historian and the board’s chair told me. I understand the frustration and the sadness over the building,” she said. The building is the city’s responsibility.” This is a curious response in a place where public-private partnerships make most of our cultural life possible. When the preservation movement took hold in New York in the early 1960s, the goal was to prevent beautiful buildings from being destroyed.

Persons: ” Lisa Koenigsberg, Camilla Huey, Aaron Burr, Theodosia, “, ” Organizations: Parks Department Locations: New York

☆ Hitting the gym, dog-sitting, and actually showing up to meet constituents: Here's how House Democrats spent their 3 weeks without a speaker
▼ + stars: | 2023-10-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

House Democrats were mostly stuck in DC for 3 weeks as the GOP struggled to choose a new speaker. Some Democrats told Insider they found a silver lining, like hitting the gym or dog-sitting. That left Democrats, already lined up behind House Minority Leader Hakeem Jeffries, scrambling to find other things to fill the time. "I almost forget what it's like to be in committee at this point," Rep. Becca Balint of Vermont told Insider on Tuesday. Balint said that a "personal source of joy" for her was getting to dog sit Rep. Sharice Davids' rescue dog, Peanut.

Persons: —, Kevin McCarthy's, Mike Johnson's, Johnson, Hakeem Jeffries, Becca Balint, It's, We're, we've, Marcy Kaptur, Jim McGovern, Abigail Spanberger, Chris Deluzio, Gabe Vasquez, he's, We've, I've, Vasquez, Balint, Sharice Davids, Angie Craig of, King Charles Spaniel, Dakota's, Craig, Lisa McClain, Angie Craig, Don Beyer, He's, Beyer, Alexandria Ocasio, Cortez, Spanberger, she's Organizations: GOP, Service, Representatives, Republicans, Vermont, Republican, Massachusetts, Vermont Rep, Capitol, Michigan Republican, Rep, Biden, House Intelligence Locations: Washington, Ohio, Virginia, Pennsylvania, New Mexico, Angie Craig of Minnesota, —, Northern Virginia, Israel, Alexandria, Cortez of New York

There is a new poster child of China’s protracted real estate crisis — Country Garden. Country Garden has not responded to requests for comment by phone or email. Here’s what to know about the rise and fall of Country Garden, and the future of China’s once red-hot property sector. Until last year, Country Garden was China’s biggest real estate developer, specializing in residential property. While confidence in China’s real estate sector has been shaky since the collapse of Evergrande, Country Garden reignited fears in August when its liquidity crisis burst into public view.

Persons: Evergrande, Yang Huiyan, Krishna Srinivasan, ” Organizations: Hong Kong CNN, Bloomberg News, Financial Times, Citigroup, Hong Kong, Country Garden, Seng, International Monetary Fund, National Bureau of Statistics, Pacific Department Locations: Hong Kong, Foshan, Guangdong province, China, United States, Evergrande, Beijing, Asia

☆ Democratic Rep. Rashida Tlaib denounces Biden for 'your war' after a hospital in Gaza was struck
▼ + stars: | 2023-10-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Rep. Rashida Tlaib on Tuesday called out President Biden over the ongoing Israel-Hamas war. Tlaib has said in recent days that the administration has not enough to protect Palestinian Americans. The strike could be the deadliest blast so far in the ongoing Israel-Hamas war. AdvertisementAdvertisement"Your war and destruction only approach has opened my eyes and many Palestinian Americans and Muslims Americans like me," she continued. "From the beginning, they did not make moves to protect Palestinian Americans."

Persons: Rashida Tlaib, Biden, Tlaib, —, Joe Biden, Biden — who's, Michigan Democrat —, Antony Blinken, Daniel Hagari, Israel Organizations: Service, Michigan Democrat, Ahli Baptist Hospital, Baptist Hospital, Palestinian, Biden Administration, Associated Press, Democratic Locations: Israel, Palestinian, Gaza, Palestinian American, Ahli, Israeli

☆ Rep. Rashida Tlaib accuses fellow Detroit-area congressman of being too 'busy posting memes' and being 'absent from doing his job' after he denounced her comments on Israel
▼ + stars: | 2023-10-13 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Rep. Rashida Tlaib is accusing Rep. Shri Thanedar of being too "busy posting memes" to do his job. It came after Thanedar made a show of leaving the DSA and suggested Tlaib was anti-Semitic. 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 . "While he is busy posting memes, his residents are calling my office asking for my assistance because he is absent from doing his job," Tlaib told the Detroit News in a statement on Thursday.

Persons: Shri Thanedar, Thanedar, Tlaib, —, Rashida Tlaib, Israel —, Narendra Modi, Tlaib's, State Sen, Darrin Camilleri, Debbie Dingell, Adam Abusalah, Patrick Malone, Thanedar's, Malone Organizations: DSA, Service, Detroit News, Jewish, Democratic Socialists of, Metro Detroit, Indian, State Locations: Israel, Michigan, Detroit, Democratic Socialists of America

☆ Apollo to take Wagamama owner Restaurant Group private for $623 mln
▼ + stars: | 2023-10-12 | by ( Eva Mathews | ) www.reuters.com time to read: +2 min

A sign of Wagamama restaurant is seen in London, Britain, October 5, 2020. Under the terms of the deal announced on Thursday, The Restaurant Group's (TRG) shareholders will get 65 pence in cash for each share held, a premium of about 34% to the stock's last closing price. Shares in the small cap constituent (.FTSC) jumped 37.1% to 66.5 pence, its highest percentage gain since April 2020. There has also been pressure from shareholders and activist investors Irenic Capital and Oasis Management in recent months to change management and improve profitability. Another analyst at Shore Capital said the offer price was "too low" given the company's efforts to improve margins and reduce leverage.

Persons: Hannah McKay, Ken Hanna, Benny's, Eva Mathews, Subhranshu Sahu, Elaine Hardcastle, Miral Organizations: REUTERS, Apollo, Irenic Capital, Oasis Management, Cafe, Shore Capital, Thomson Locations: London, Britain, TRG, Cafe Rouge, Bengaluru

☆ Steve Scalise's cancer becomes 'the elephant in the room' as House Republicans struggle to unify behind their speaker nominee
▼ + stars: | 2023-10-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Rep. Steve Scalise, the GOP nominee to the next speaker of the House, has a rare blood cancer. "I guess it's the elephant in the room," said Rep. Tim Burchett of Tennessee, who supports Scalise's speakership bid. Scalise was diagnosed in August with multiple myeloma, a form of cancer that's treatable but not curable, and is currently undergoing chemotherapy. "I will admit it's a concern," said Rep. Keith Self of Texas, who's among the Republicans who have yet to support Scalise. Burchett also suggested that Greene was getting more attention for her remark about Scalise's cancer because she's a woman.

Persons: Steve Scalise, Marjorie Taylor Greene, Scalise, —, Tim Burchett, Scalise's, Andy Ogles, Greg Murphy of, Murphy, Russ Fulcher, David Schweikert, Greene, Kevin McCarthy, Jim Jordan of, Trump —, Jordan —, Steve, Trump, Louisiana Republican —, it's, Tom Tiffany of Wisconsin, Jordan, Keith Self, Bob Good, I've, Fulcher, who's, McCarthy, James, Burchett, she's Organizations: GOP, Trump, Service, Louisiana Republican, House Republicans, Scalise, Fox News Locations: Louisiana, Tennessee, Georgia, Greg Murphy of North Carolina, Russ Fulcher of Idaho, Arizona, Jim Jordan of Ohio, Texas, Virginia, chemo

☆ How our stocks have performed since the bear market bottom a year ago — and the lesson learned
▼ + stars: | 2023-10-12 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

The S & P 500 closed at its bear market low a year ago Thursday — ending Oct. 12, 2022, at its lowest close since November 2020 . In hindsight, that dramatic turnaround was the start of a rally that saw the S & P 500 climb 22% from the close on Oct. 12, 2022, through Wednesday. Palo Alto Networks, meanwhile, has successfully pivoted to profitability, joining the S & P 500 as a result, and repeatedly demonstrated the quality of its cybersecurity platform. Indeed, an exchange-traded fund that gives each S & P 500 constituent the same influence — the Invesco S & P 500 Equal Weight ETF — has advanced only 11.2% since Oct. 12, 2022. Viewed through the top-heavy rally lens, though, it's not a surprise to see a number of Club stocks underperforming the S & P 500.

Persons: Jim Cramer, Jim, they're, That's, ChatGPT, Eli Lilly's, that's, There's, we've, it's, didn't, Estee Lauder, Jim Cramer's, Michael Nagle Organizations: Nvidia, Meta, Broadcom, Oracle, Microsoft, Facebook, Palo Alto Networks, Coterra Energy, Costco, Procter, Gamble, GE Healthcare, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Mounjaro

☆ Jim Cramer praises Walgreens new CEO pick, says buy the stock 'perhaps aggressively'
▼ + stars: | 2023-10-11 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday praised the incoming CEO of Walgreens Boots Alliance , saying industry veteran Tim Wentworth is the right choice to lead the struggling pharmacy chain in its transition to offering more health-care services. I just salute him and think he can take you to a higher price, and the stock should be bought — perhaps aggressively," Cramer said on "Squawk on the Street." If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. The company said it was seeking a new CEO who had "deep" experience in the health-care industry. "I like Wentworth, and there is now hope for a stock that I held no hope for," Cramer said.

Persons: CNBC's Jim Cramer, Tim Wentworth, Cramer, Wentworth, Jim Cramer's, Roz Brewer Organizations: Walgreens Boots Alliance, Express, Cigna, Walgreens, Dow Jones, CNBC

More than half of Chileans, 54% of respondents surveyed before the draft text was completed this week, plan on voting against the new constitution, according to pollster Cadem. The current proposal makes a grammatical change to a constitutional clause which abortion advocates already view as restrictive. But Lagos says this change, combined with another proposal that would define a child as any human being under the age of 18, could clear the way for more restrictive abortion laws. With abortion rights expanding across much of Latin America, the latest being Mexico and Argentina, supporters are worried that a right-wing resurgence in the region, could halt progress or see rights backslide. At a rally commemorating the global day of action for access to safe and legal abortion last week in Santiago, 26-year-old student Isadora Calderón told Reuters she felt abortion rights were being threatened by the current proposals.

Persons: SANTIAGO, pollster, Catalina, Teneo, Gabriel Boric, Antonio Barchiesi, Isadora Calderón, Calderón, Agustina Ramón Michel, Ramón Michel, Natalia Ramos Miranda, Lucinda Elliott, Alexander Villegas, Christian Plumb, Lincoln Organizations: Republican, Reuters, American, Thomson Locations: Catalina Lagos, Lagos, Latin America, Mexico, Argentina, Santiago, Argentine, Chile

☆ Hong Kong stocks have worst day in three months on worries about rates and real estate
▼ + stars: | 2023-10-03 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Stocks in Hong Kong suffered their worst day in three months on Tuesday on growing concern about China’s weak housing market and persistently high US interest rates. Real estate stocks were once again among the heaviest losers in Hong Kong. Country Garden, one of the country’s largest property developers, sank 4.4%. Market sentiment was also weighed down by concerns that US interest rates could stay elevated after US Treasury yields hit a 16-year high. Yields on the 10-year US Treasury, which are considered a proxy for US interest rates, reached 4.7% on Monday, the highest since 2007.

Persons: Xu Jiayin, Nomura, “, JPMorgan Chase, Jamie Dimon, ”, Stephen Innes Organizations: Hong Kong CNN —, Energy Vehicle, Evergrande, Estate Information Corporation, Treasury, JPMorgan, Reserve, Federal, Nikkei Locations: Hong Kong, Beijing, Washington, Real, Shanghai, China, Asia

CNN —Four occupied regions of Ukraine will be included for the first time in a new round of Russian military conscriptions this fall, Russia’s Defense Ministry announced Friday. Autumn conscription will begin from October 1 in all parts of the Russian Federation, according to the ministry, including in the illegally annexed regions of Ukraine. “The autumn conscription will take place from October 1 in all constituent entities of the Russian Federation. “The term of conscription military service, as before, will be 12 months,” Tsimlyansky said. There was no conscription for military service last year and in the spring of 2023 in these regions, according to TASS.

Persons: Putin, Zaporizhzhia –, “ shams, Vladimir Tsimlyansky, ” Tsimlyansky, ”, Tsimlyansky, “, Conscriptions Organizations: CNN, Russia’s Defense, Russian Federation, Staff, Russian Armed Forces, “ Military, Armed Forces, TASS, General Staff, Russia’s Armed Forces Locations: Ukraine, Luhansk, Donetsk, Kherson, Zaporizhzhia, Western, Russia, Crimea, Russia’s, Moscow

☆ Israel’s Supreme Court to decide on law that could determine Netanyahu’s fate
▼ + stars: | 2023-09-27 | by ( Hadas Gold | ) edition.cnn.com time to read: +8 min

Jerusalem CNN —Israel’s Supreme Court is having a busy month hearing challenges to actions by the government of Benjamin Netanyahu. On Thursday, arguments will be heard again, this time in front of 11 of the 15 Supreme Court justices. Normally the attorney general would put forward the government’s case in a Supreme Court hearing, but AG Gali Bahrav-Miara will not. The Supreme Court could also declare that the law “is not active right now,” and would only be active once the next parliament takes over. Additionally, the Supreme Court is due to hear a challenge to the justice minister delaying convening the committee to select new Supreme Court justices.

Persons: Jerusalem CNN —, Benjamin Netanyahu, Netanyahu, ”, Yariv Levin, Amir Fuchs, ” Fuchs, Fuchs, “, Levin, couldn’t, I’d, – Organizations: Jerusalem CNN, Jerusalem CNN — Israel’s, Justice, Israel Democracy Institute’s Center, Democratic, CNN, Gali Locations: Jerusalem, Israel

☆ Canada's parliament accidentally honored a 98-year-old Nazi. Now Poland may try to extradite him and bring him up on charges.
▼ + stars: | 2023-09-26 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

Canada's parliament accidentally honored a 98-year-old former World War II Nazi soldier. Yaroslav Hunka was introduced as a "Ukrainian hero and a Canadian hero" but it was later revealed that he fought for the Waffen-SS. A Polish minister now says he's "taken steps" to extradite the elderly man. AdvertisementAdvertisementA Polish minister said Tuesday that he has "taken steps" to start the extradition of a 98-year-old Nazi who was accidentally honored in Canada's parliament over the weekend. "I have taken steps towards the possible extradition of this man to Poland," Czarnek added.

Persons: Yaroslav Hunka, —, Anthony Rota, Hunka, Volodymyr Zelenskyy —, Rota, Przemyslaw Czarnek, Zelenskyy, Czarnek Organizations: Nazi, Waffen, Service, Canada's, Commons, SS, SS Galicia Division, CBC, Nazi SS Locations: Ukrainian, Canadian, Polish, Canada's, SS Galicia, Poland

“You have to prepare for the worst-case scenario,” Ms. Spanberger said. Speaker Kevin McCarthy sent members of Congress home Thursday afternoon after efforts to break a spending impasse with far-right members of his party failed. By the end of the week, lawmakers were in full prep mode and government agencies were dusting off their well-worn instructions for how to function amid the dysfunction. “We had lots of notes from the last time,” Mr. Beyer said in an interview. “Pretty much we’re not going to be able to do anything, because the agencies that we’d be talking to to help us solve it won’t be coming to work,” Mr. Beyer said.

Persons: Ms, Spanberger, Kevin McCarthy, Donald S, Beyer Jr, “, ” Mr, Beyer, “ We’re Locations: Virginia

☆ BofA lifts S&P 500 2023-end target by 7%, led by "old economy" stocks
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +3 min

The S&P 500 is up 15.7% so far this year, largely driven by a rally in a handful of mega-cap growth stocks such as Nvidia (NVDA.O) and Meta (META.O) that have ridden the artificial intelligence (AI) boom. While the rally has been moderating, BofA remains in "neutral" to "positive" territory on U.S. stocks, with a bias towards equal-weighted stocks, strategists led by Savita Subramanian said. An equal-weight index assigns uniform weights to each constituent, unlike a market capitalization-based index, like the S&P 500, where bigger companies tend to have an outsized influence. Equal-weighted stocks have less volatile earnings, smaller differences in analysts' estimates, and are cheaper and less crowded than growth stocks, Subramanian said. While a "fresh wave of bear narratives around equities have emerged", BofA says the "old economy", which includes value stocks - more prevalent in the equal-weighted S&P 500 - could benefit as much as tech and growth.

Persons: Andrew Kelly, Savita Subramanian, Subramanian, BofA, Morgan Stanley, Susan Mathew, Savio D'Souza Organizations: Dow Jones, New York Stock Exchange, REUTERS, Street, Nvidia, Tech, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

☆ Arm’s shares seen as a shoo-in for Nasdaq 100, though S&P 500 unlikely
▼ + stars: | 2023-09-15 | by ( Suzanne Mcgee And Lewis Krauskopf | ) www.reuters.com time to read: +4 min

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Sept 15 (Reuters) - Newly publicly traded company Arm Holdings is poised to be added to popular indexes such as the tech-heavy Nasdaq 100, although inclusion in the S&P 500 is unlikely, analysts said. Shares of the British chip designer closed up 24.7% in their Nasdaq debut on Thursday, giving it a market value of $65 billion. “The Nasdaq 100 is the most likely widely followed index for the company to get added into,” said Todd Rosenbluth, Head of Research at VettaFi. However, inclusion in the Nasdaq 100 may take time for Arm shares. Inclusion of Arm shares in the S&P 500, which is the standard benchmark for the U.S. stock market, is far less certain, analysts said.

Persons: Rene Haas, Brendan McDermid, ”, Todd Rosenbluth, Russell, Todd Sohn, Sohn, Jeffrey DeMaso, Dow Jones, Lois Gregson, Suzanne McGee, Lewis Krauskopf, Ira Iosebashvili, Nick Zieminski Organizations: Nasdaq, REUTERS, Arm Holdings, Fund, Nvidia, Research, Lucid, ARM, Vanguard Investment, VanEck Semiconductor, Software, FactSet, Thomson Locations: New York, U.S, British, VettaFi

☆ Opinion | Shakespeare’s ‘Sublimely, Disturbingly Smutty Effect’ Must Endure
▼ + stars: | 2023-09-10 | by ( Drew Lichtenberg | ) www.nytimes.com time to read: +4 min

Throughout the play the Roman warrior Coriolanus is alternately drawn toward and repelled by his military rival Aufidius. He dreams of Coriolanus nightly, and the two are locked in mortal combat, a fight to the death, mutually assured destruction. — Iago, “Othello,” Act 1, Scene 1I taught this play every summer for almost 20 years to first-generation American high school students. My students learned that Shakespeare’s 17th-century Italy held some of the same societal evils as their 21st century. — Rachel D. Smith, 19, New York CityDrew: Here we see how Shakespeare uses rhythms and interlocking wordplay to sublimely, disturbingly smutty effect.

Persons: Drew, “, ”, Cocteau, Genet, Aufidius, Freud, —, Iago, Tom Buchanan, — Alden Mauck, Brabantio, Shakespeare, CRUDITY Katherine, Katherine : Ay, Rachel D, Smith, Katherine Organizations: New York City Drew Locations: Vietnam, Dominican Republic, Africa, Italy, Newton, New

☆ Country Garden: China's biggest homebuilder dodges default but faces a rocky road ahead
▼ + stars: | 2023-09-06 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

CNN —Chinese property giant Country Garden has twice narrowly avoided defaulting on its debt in a matter of days. Here’s what to know about Country Garden, and the future it faces. That was down significantly from revenue of about 523 billion yuan ($71.6 billion) and net profit of approximately 41 billion yuan ($5.6 billion) in 2021. Investors have since been bracing for a potential default by Country Garden, which has openly admitted this could happen soon. Country Garden shares in Hong Kong have plunged 55% so far this year as investors dumped the stock.

Persons: it’s, —, Evergrande, Yang Huiyan, Yang, “, Fitch Organizations: CNN, Getty, Garden, Hong Kong Locations: China, Hong Kong, Foshan, Guangdong, Zhenjiang, China's, Jiangsu, United States, Evergrande, Beijing, Fuyang, Anhui

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