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The Serbian tennis legend had won all four Grand Slam titles and practically every honor there is in the sport, but the Olympic gold medal had escaped him. Paul Ellis / AFP via Getty ImagesSimone Biles' Olympic medal collection has officially reached double digits. , the American cyclist who didn’t even qualify for the Olympics but is now going home with a gold medal. Racing in a downpour, Julien Alfred won the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final. the first Olympic medal in any sport for Saint Lucia on Saturday when she took gold in the women's 100-meter final.

Persons: Noah Lyles, Jamaica’s Kishane Thompson, ’ Fred Kerley, Hector Vivas, Lyles, Novak Djokovic, Matthew Stockman, Novak Djokovic couldn’t, Djokovic, Carlos Alcaraz, Simone Biles, Paul Ellis, ”, Biles, hasn’t, “, ” Biles, Suni Lee, Kaylia Nemour, Qiu Qiyuan, David Li, Imane, Hungarian Anna Luca Hámori, ” Khelif, Lin Yu, Thomas Bach, Kristen Faulkner, Bobby Finke, Katie Ledecky can’t, Julien Alfred, Saint Lucia, Sha'Carri Richardson, Kamala Harris, Whom Harris, we’ll, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, MAGA, Harris, Nikki Haley, Donald Trump, Trump, Vance, SCOTUS, Neil Gorsuch, Joe Biden's, Debby, Storm Debby, Darren Staples, Keir Starmer, Israel, Ismail Haniyeh, Fuad Shukr, “ They’ll, Michael G Organizations: Paris Olympics, U.S, Olympic, Getty, NBC News Algerian, Team USA, Saint, Paris, Taxi, Philadelphia . Kentucky Gov, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Republican, GOP, ABC, Fox News, Tropical, National Hurricane Center, NOAA, U.S . Justice Department, Protesters, NBC News, NBC News Companies Locations: Serbian, Paris, Tokyo, Los Angeles, China, Hungarian, Taipei, U.S, Philadelphia . Kentucky, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Florida, of Mexico, Rocky, Southern California, Mississippi’s, Nottingham, England, AFP, Southport —, Liverpool, Hull, Israel, Iran, Breakwater, Rockland , Maine, South Florida, Nashville , Tennessee, Atlanta

Bach said there was “never any doubt” about Yu-ting and Khelif being women. The decision came shortly after Khelif beat Russian boxer Azalia Amineva, who was previously undefeated. Jan Woitas / dpa / picture alliance via Getty Images“I strongly condemn the baseless attacks on our athlete, Imane Khelif, by certain foreign outlets,” Abderrahmane Hammad, Algeria’s minister of youth and sports, wrote on X. “Simply put, Imane Khelif and the other athletes being targeted met the criteria to compete in the Olympics. Yu-ting, 28, beat Uzbekistan’s Sitora Turdibekova on Friday and will face Bulgaria’s Svetlana Kamenova Staneva on Sunday.

Persons: Imane Khelif, Thomas Bach, Lin Yu, Hungarian Anna Luca Hamori, Khelif, “, Bach, ” Bach, Angela Carini, Carini, Yu, Fabio Bozzani, Umar Kremlev, Vladimir Putin, Azalia Amineva, ”, Amar Khelif, Sheng Jiapeng, ” Carini, Harry Potter ”, J.K, Rowling, she’s, ” Rowling, Donald Trump, Jan Woitas, Imane, Abderrahmane Hammad, ” Ismaël, Nikki Hiltz, ” Khelif’s, Hungary’s Anna Luca Hamori, Uzbekistan’s Sitora Turdibekova, Svetlana Kamenova Staneva Organizations: Olympic, Hungarian, IOC, Paris Games, Khelif, Getty, International Boxing Association, Tokyo Games, Reuters, International Olympic, Algerian national, Olympic Games, Black Justice, “ Locations: Italy, Algerian, Anadolu, New Delhi, Russia, Paris, ’

Villepinte, France CNN —Algerian boxer Imane Khelif won her women’s 66kg welterweight quarterfinal bout by unanimous points decision against Hungary’s Anna Luca Hamori on Saturday, guaranteeing herself an Olympic medal in front of a near-capacity crowd that ardently had her back. The stadium had a significant Algerian presence, many on their feet, waving flags or scarves in support of Khelif. Imane Khelif will receive a medal at these Olympics. Khelif was born a woman and International Olympic Committee President Thomas Bach said Saturday that the organization firmly supported the Algerian. Fans gathered to support Imane Khelif.

Persons: Imane Khelif, Hungary’s Anna Luca Hamori, Hamori, Isabel Infantes, Angela Carini, Carini, Khelif “, Khelif, Thomas Bach, Bach, ”, ” Bach, ” Khelif, Katie Goodale, Reuter “, “, Suwannapheng Organizations: France CNN, North Paris Arena, International Olympic, Hamori, USA, Sports, CNN Locations: Villepinte, France, Algerian, Khelif, Algeria

☆ Boxer Imane Khelif, previously barred from women's events, wins first Paris Olympics fight
▼ + stars: | 2024-08-01 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Matt-Lavietes-Byline-Jm.Jpg | Matt Lavietes | ) www.nbcnews.com time to read: +5 min

A female boxer whose gender identity has recently been questioned won her first fight at the Paris Olympics on Thursday. Imane Khelif of Algeria defeated Angela Carini of Italy after Carini quit 46 seconds into the match. “Full support for our champion Imane Khelif, who is suffering a wave of unjustified hatred,” he wrote on X. Abderrahmane Hammad, Algeria’s minister of youth and sports, addressed concerns over Khelif’s gender identity Wednesday. “I strongly condemn the baseless attacks on our athlete, Imane Khelif, by certain foreign outlets,” he wrote on X.

Persons: Imane, Angela Carini of, Carini, Lin Yu, ” Carini, it’s, ”, we’re, Giorgia Meloni, Donald Trump, Sen, Marco Rubio, Kristi Noem, ” Trump, Khelif’s, “ Harry Potter ”, J.K, Rowling, Elon Musk, Kamala, ” Musk, Trump, Khelif, Ismaël Bennacer, Imane Khelif, ” Khelif, Thursday’s, “, Taiwan's Lin, Abderrahmane Hammad, Hungary’s Luca Anna Hamori Organizations: Paris, Tokyo Olympics, Italian, Olympic, South Dakota Gov, Billionaire, Algerian national team, Olympic Games, International Olympic, International Boxing Association, IOC, IBA, Algerian Olympic, Sports, Sports Committee Locations: Algeria, Angela Carini of Italy, Taiwan, New Delhi, “, Khelif, Saturday’s

☆ Apple is spending more on AI, but remains far behind its Silicon Valley peers
▼ + stars: | 2024-08-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple Intelligence, the company's forthcoming artificial intelligence system, could spur a fresh cycle of iPhone upgrades and hardware sales. One question Cook was willing to partially address was about the company's spending on AI servers. "Embedded in our results this quarter is an increase year over year in the amount we're spending for AI and Apple Intelligence," Cook told CNBC's Steve Kovach on Thursday. The rise in Apple's capital expenditure is tiny compared to its mega-cap peers, such as Microsoft, Google , and Meta . Zuckerberg also wants to ensure that Apple won't fully control the next major technology shift, if it turns out to be AI.

Persons: Tim Cook, Luca Maestri, Cook, CNBC's Steve Kovach, Mark Zuckerberg, Zuckerberg Organizations: Apple Intelligence, OpenAI, CNBC, Apple, Microsoft, Google, Meta, Nvidia

☆ Apple's earnings beat puts it on sure footing ahead of next month's AI iPhone launch
▼ + stars: | 2024-08-01 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

However, the expected AI-driven boom in new iPhone sales does represent a clear positive catalyst on the near-term horizon. Products iPhone sales were down slightly in the quarter. Services All-time revenue record, with an all-time record set in developed markets and a June quarter record set in emerging markets. Services are expected to grow at a double-digit rate similar to the rate seen in Apple's fiscal 2024 first quarter. A person poses holding the original iPhone and the new iPhone 15 outside the Fifth Avenue Apple Store in New York City ahead of the launch of Apple’s new iPhone 15, Sept. 22, 2023.

Persons: Apple, iPhones, Tim Cook, we're, Luca Maestri, AirPods, Maestri, Cook, Jim Cramer's, Jim Cramer, Jim, Alexi Rosenfeld Organizations: Apple, Apple Intelligence, . Research, MacBook Air, iPad, Apple Watch, Services, CNBC, Getty Locations: Greater China, China, Spain, Poland, Mexico, Indonesia, Philippines, New York City

☆ Celine Dion to return to stage for performance at Olympic Games opening ceremony in Paris
▼ + stars: | 2024-07-26 | by ( Dan Heching | Pauline Lockwood | ) edition.cnn.com time to read: +2 min

CNN —Celine Dion is set to make her return to the stage at the Summer Olympic Games in Paris. Dion will close the ceremony on Friday with a performance from the first stage of the Eiffel Tower, singing a timeless classic, Edith Piaf’s “L’Hymne à l’amour”. Dion, 56, announced in December 2022 that she was taking time off from professional commitments to focus on her health after revealing her diagnosis. Lady Gaga performs in Paris, France, ahead of the opening ceremony of the 2024 Summer Olympics on Friday. In her documentary, Dion said she was determined to make her return to performing.

Persons: Celine Dion, Dion, Edith Piaf’s “, entertainer’s, ”, Lady Gaga, Zizi Jeanmaire, France’s, Luca Bruno, Celine Dion ”, NBC’s, Kotb, “, Lisa Respers France, Alli Rosenbloom Organizations: CNN, Eiffel, National Institute of Neurological Disorders, AP Locations: Paris, London, England, “, France

Will These Sensational Skateboarding Tricks Win Japan Olympic Gold? Tokyo Olympics results If scored with the new format Total ATHLETE ATHLETE Total Yuto Horigome Japan Kelvin Hoefler Brazil Kelvin Hoefler Brazil Jagger Eaton U.S. Yuto Horigome Japan Jagger Eaton U.S. Tokyo Olympics results Yuto Horigome Kelvin Hoefler Jagger Eaton Japan Brazil U.S. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 5 START Huston landed 13 tricks while Horigome only did 7. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 Huston landed 13 tricks while Horigome only did 7. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 5 START Huston landed 13 tricks while Horigome only did 7.

☆ Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
▼ + stars: | 2024-07-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Shares in Gucci-owner Kering fell on Thursday, after the luxury group announced a sharp decline in revenue in the first half of the year and issued a weak forecast for the remaining six months of the year. Kering shares dropped as much as 9% as markets opened, trading around levels last seen in August 2017. "There was a marked deceleration in China, while trends did not improve greatly in North America and Europe," Kering added. Gucci posted the worst first-half performance of these brands, with revenue shedding 18% on a comparable basis. Kering is the latest in a series of luxury brands to log declines, with the world's largest luxury group LVMH reporting lower-than-expected sales earlier this week.

Persons: Gucci, Kering, Yves Saint Laurent, Bottega, Luca Solca, Bernstein, CNBC's, it's, Solca Organizations: Gucci, Wednesday, Japan Locations: New York City, London, Japan, China, North America, Europe

☆ The post Covid-19 euphoria surrounding luxury spending has dissipated in the West, analyst says
▼ + stars: | 2024-07-25 | 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 EmailThe post Covid-19 euphoria surrounding luxury spending has dissipated in the West, analyst saysLuca Solca, senior luxury analyst at Bernstein, discusses the wider luxury space after a series of profit warnings from several major players, with many pointing to a slowdown in the Chinese market.

Persons: Luca Solca, Bernstein Locations: West

☆ The luxury outlook in China just keeps getting worse
▼ + stars: | 2024-07-25 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

Consumer spending in China has been improving "more moderately than before COVID-19," Luca Solca, a luxury goods analyst at Bernstein, told Business Insider. In its most recent quarter, Burberry's Chinese sales revenue declined 21% from last year. Massive discounts and online shoppingTo try to boost sales, luxury brands have given massive discounts to Chinese consumers. Luxury goods are still popular with wealthy Chinese shoppers — just not in China. Not all luxury brands are feeling the heat in China.

Persons: —, LVMH, Jean, Jacques Guiony, Luca Solca, Bernstein, Solca, Hugo Boss, Richemont, Cartier, Versace, Marc Jacobs, Damien Yeo, Yeo, TD Cowen, Guiony, Hermès Organizations: Service, Gucci, Business, Consumer, Swatch, Asia, Brands, Balenciaga, Bloomberg, Burberry, Fitch Solutions Locations: Asia, China, China , Hong Kong, Macau, Asia Pacific, Japan

☆ A TikToker went viral for calling Europe 'Disneyland for Americans.' To be honest, he might have a point.
▼ + stars: | 2024-07-24 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +3 min

Read previewA TikToker has racked up nearly a million views in a recent video that explained how Europe is becoming a hotbed for American tourists. And he's not wrong that some European cities are being treated solely as tourist attractions rather than as people's homes. Other European cities are facing similar problems. AdvertisementHowever, the TikToker wasn't particularly sympathetic to the plight of tourist-ridden European cities. "It's ok you had a good run, time to accept your fate Europe," the TikToker captioned the video.

Persons: —, Dan Rosen, Luca Bruno, Rosen Organizations: Service, Disney, Business, AP, Reuters, European Travel Commission Locations: Europe, Barcelona, Venice, Lake Como, Italy, Switzerland

☆ Americans Still Shop for Luxury Items in Physical Stores, Not Online
▼ + stars: | 2024-07-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

It found that people generally have a strong preference for a brick-and-mortar experience when buying luxury items. Online luxury sales picked up during the pandemic but have since come back down to earth. The overarching theme is that many consumers haven't warmed up to shopping luxury — namely, ultra-luxe items and brands — online. AdvertisementWe try to treat luxury with the same e-commerce experience we use for paper towels, and that just doesn't work. For the most part, luxury brands prefer that customers would rather shop in-store.

Persons: Gen Z, Claire Tassin, haven't, Jason Goldberg, hasn't, Goldberg, Luca Solca, Solca, Nora Kleinewillinghoefer, Prada, Tassin, Louis Vuitton, Kleinewillinghoefer, Emily Stewart Organizations: Walmart, Morning, Moda, Groupe, Bernstein, Bain & Company, Burberry, Gucci, luxe, Companies, Amazon, Business Locations: —, Kearney

☆ It looks like the party's over for luxury goods in China
▼ + stars: | 2024-07-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewHugo Boss, Burberry, Richemont, and Swatch have all called out slumping sales in China this week as consumers cut back on luxury spending. Swiss watch group Swatch said it expects the Chinese market "to remain challenging for the entire luxury goods industry until the end of the year." But much of this spending has been overseas, and sales in China have fallen for some of the world's biggest luxury brands. AdvertisementBefore the pandemic, about two-thirds of Chinese luxury spending occurred outside mainland China, plummeting to less than 10% in 2021 and 2022 because of travel restrictions, according to data from Bain. The consultancy said that this started to rebound in 2023 with the return of overseas tourism, with an estimated 30% of luxury spending taking place outside mainland China.

Persons: —, Hugo Boss, Burberry, Gerry Murphy, they've, Bain, Luca Solca, Vacheron Constantin, Marc Jacobs, Versace, Richemont Organizations: Service, Swatch, Business, Bain & Company, Richemont, Cartier, Burberry, Financial Times, Bain, Prada, The Financial Times, Luxury Summit Locations: China, Swiss, Americas, Hong Kong, Macau, Japan, South Korean, East

☆ Scientists unveil prototype spacesuit system that recycles urine as drinking water
▼ + stars: | 2024-07-12 | by ( Amarachi Orie | ) edition.cnn.com time to read: +7 min

Now, such technology appears to be on the horizon, with scientists unveiling a prototype spacesuit system that turns urine into drinking water. When spending these long periods on spacewalks, astronauts currently wear the familiar white puffy EVA suits, which contain a maximum absorbency garment. Above is a side view of the whole system, worn as a backpack. ‘Dune’ systemTo “promote astronaut wellbeing,” the researchers have designed a novel in-suit urine collection and filtration system, or “Dune” system,” Etlin said. Luca BielskiThe liquid would then enter the filtration system, a two-step apparatus that removes water from urine into a salt solution, with a pump then separating pure water from salt.

Persons: “, Sofia Etlin, Weill Cornell Medical College’s, Karen Morales, ” Etlin, Luca Bielski, Spacesuits, Etlin, Artemis, ” Organizations: CNN, Cornell University, Space Technology, NASA, Collins Aerospace, Weill Cornell Medical, Astronauts Locations: New York, Houston, Mars

☆ Milan’s Malpensa airport to be renamed after Silvio Berlusconi
▼ + stars: | 2024-07-08 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

CNN —Malpensa, Milan’s biggest airport, and the second-busiest in Italy, will be renamed after the country’s late former prime minister, Silvio Berlusconi. The international airport is the second-busiest in Italy by passenger numbers. “He is always with us.”It is unclear when Malpensa, which offers flights to 180 destinations in 77 countries, will officially be renamed. Berlusconi, a billionaire who once described himself as the “Jesus Christ of politics,” died in June last year at age 86. He was elected prime minister three times and served for a total of nine years, longer than anyone since fascist dictator Benito Mussolini.

Persons: CNN —, Silvio Berlusconi, Matteo Salvini, ”, Salvini, Emanuele Cremaschi, Silvio, ” Salvini, Berlusconi, Christ, Benito Mussolini, Pierfrancesco Majorino, Majorino, Luca Attanasio, “ Attanasio, ” Majorino, “ Organizations: CNN, National Civil Aviation Authority, Lombardy Council’s Democratic Party, Democratic Locations: Milan’s, Italy, Milan Malpensa, Lombardy, Milanese, Democratic Republic of Congo, Goma

☆ I'm an American mom living in Spain. There are no summer camps in August, and everyone tends to travel.
▼ + stars: | 2024-07-06 | by ( Jennifer Fernández Solano | ) www.businessinsider.com time to read: +6 min

Related storiesWhen we return from the States, Luca will attend two different summer camps. I love that most schools in Spain offer affordable on-site summer campsCompared to the US, I found that most schools in Spain offer on-site summer camps at a low cost, focusing on sports and art activities. In the US, summer school is more academic, often used to catch up on subjects or get ahead for the next year. Then there are summer camps, which typically last a week but can be expensive. In Spain, summer camp options include on-site school camps with sports and arts, sleepaway camps, or day camps without overnight stays.

Persons: Jennison Grigsby, It's, I've, Luca, He's, he'll, we're, aren't, they're, Valenciano Organizations: Service, Valencia Football Club, FaceTime Locations: American, Valencia, Spain, California, Valenciano, Spanish

☆ This Italian vacation hotspot is turning tourists away as it runs out of water
▼ + stars: | 2024-07-06 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +9 min

CNN —Set atop a hill on the Italian island of Sicily, Agrigento is a heritage tourist’s paradise. Sicily began enforcing water restrictions in February when the region declared a state of emergency amid a relentless drought. Tourists at the Temple of Concordia, an ancient Greek archeological site outside of Agrigento in southern Sicily, Italy. Sicily’s regional president, Renato Schifani, said the island’s losses — between crops, empty reservoirs and dying livestock — have already topped €1 billion. “The consortium used to guarantee water rotation every five or six days,” he said, referring to a farmers representative group.

Persons: Leisa Tyler, LightRocket, “, ” Giovanni Lopez, Diana Santanchè, Summers, Marco Maccarrone, ”, Maccarrone, Fabrizio Villa, Nicola Farruggio, Francesco Picarella, ” Picarella, Luca Cammarata, He’s, Alberto Pizzoli, ANBI, Renato Schifani, CNN’s Antonia Mortensen Organizations: CNN, of, Sicilian, Italian National Institute for Environmental Protection, Research, Getty, Sicily’s Hotel Federation, Agrigento’s Hotel Federation, of Culture, Water Resources Locations: Sicily, Agrigento, Italy, Rome, Syracuse, Pergusa, Italian, Caltanissetta, Mount Etna, AFP

☆ The five secrets to Ferrari’s success as a luxury brand
▼ + stars: | 2024-07-04 | by ( Robert Frank | ) www.cnbc.com time to read: +10 min

In this article RACE-IT Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn the world of luxury, Hermès is arguably the gold standard. Analysts predict Hermès could surpass Louis Vuitton in revenue within the next three years as the world's largest luxury brand. There is one luxury company, however, that has raced past Hermès when it comes to growth and brand cache – Ferrari. To better understand what makes Ferrari a luxury brand, CNBC traveled to Ferrari headquarters in Maranello, Italy, to interview the company's CEO, Benedetto Vigna. "A luxury company is a company that is using technology, innovation, storytelling, heritage, everything, with the ultimate goal to feed that emotional side that we all have."

Persons: Birkin, Louis Vuitton, Hermès, Enzo Ferrari, Ford, Ferrari, Bernstein, Luca Solca, Benedetto Vigna, Robert Frank, Vigna, Adam Jeffery, Solca, Ferraris, Martyn Lucy, Bernard Arnault, Crystal Lau, Francesca Volpi Organizations: Ferrari, New York Stock Exchange, General Motors, CNBC, Ferraris, Goodwood Festival, Getty, Spiders, Rolex, Hermès, Bloomberg Locations: Maranello, Italy, Geneva, Chichester , England, it's, California, Roma

☆ Fewer Americans are buying life insurance. Here's when you might need it
▼ + stars: | 2024-06-25 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Overall, the share of households with life insurance has "steadily" decreased since the early 1970s, according to the NAIC. That said, even as fewer people buy life insurance, "I do think there's a need for it," he added. What type of life insurance to buyThere are two broad types of life insurance: Term and permanent. Permanent life insurance, such as a whole or universal life policy, is meant to last throughout life. How much life insurance to getLuca Sage | Digitalvision | Getty Images

Persons: Knoll, Shapiro, Scott Shapiro, —, Luca Sage Organizations: Planning Center . Insurance, Getty, Illinois Department of Insurance, KPMG, Digitalvision

☆ U.S. PCE data will 'probably not bring much surprise', portfolio manager says
▼ + stars: | 2024-06-25 | 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 EmailU.S. PCE data will 'probably not bring much surprise', portfolio manager saysLuca Castoldi, senior portfolio manager at Reyl Intesa Sanpaolo Singapore discusses the outlook for global markets and the U.S. Federal Reserve's monetary policy.

Persons: Luca Castoldi Organizations: U.S, PCE, U.S . Federal Locations: Singapore, U.S .

☆ Gold set for weekly gain on U.S. rate-cut optimism, geopolitical woes
▼ + stars: | 2024-06-21 | by ( ) www.cnbc.com time to read: +2 min

Gold prices were poised for a second consecutive weekly gain on Friday, driven by safe-haven demand amid tensions in the Middle East and rising bets that the U.S. Federal Reserve might reduce interest rates later this year. Gold prices were poised for a second consecutive weekly gain on Friday, driven by safe-haven demand amid tensions in the Middle East and rising bets that the U.S. Federal Reserve might reduce interest rates later this year. Spot gold was up 0.1% at $2,360.95 per ounce as of 0344 GMT, after hitting a two-week high in the previous session. Lower interest rates reduce the opportunity cost of holding non-yielding bullion. Spot silver fell 0.4% to $30.60 per ounce, platinum was up 0.4% at $982.45 and palladium gained 0.8% to $930.98.

Persons: Bullion, Kelvin Wong, Wong, Luca Santos Organizations: U.S . Federal, Asia Pacific, Gaza, ACY Locations: Gaza, OANDA, U.S

☆ Roberto Baggio: Italian soccer legend suffers head injuries from armed break-in at his home
▼ + stars: | 2024-06-21 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +3 min

CNN —Roberto Baggio, widely regarded as one of the greatest soccer players in history, suffered head injuries when a group of armed criminals entered his Altavilla Vicentina home in northern Italy on Thursday evening, according to local police. The break-in happened during the European Championship match between Italy and Spain, which Baggio was watching on TV with his family, according to local media reports. Baggio tried to defend his family and was hit on the head with a gun, reports said. The total value of what was stolen has not been reported, according to local media. The villa and grounds had security cameras and police have not made any arrests yet, according to local police.

Persons: CNN — Roberto Baggio, Baggio, “, ” Baggio, ANSA, Luca Zaia, Roberto Baggio, Zaia, ” Baggio –, – Organizations: CNN, Juventus, AC Milan, Inter Milan, Italian, Italy, Ballon Locations: Italy, Spain, Arzignano, Italy’s Veneto, Altavilla Vicentina

☆ 'Inside Out 2' saved the summer box office — and proved Pixar was right to lean on sequels
▼ + stars: | 2024-06-17 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDisney proved it still has some box-office firepower this weekend with Pixar's "Inside Out 2." The film had the biggest three-day opening weekend of the year, grossing $155 million domestically and $295 million worldwide. That's also the second-biggest domestic opening ever for an animated movie, behind another Pixar title, 2018's "Incredibles 2" ($182.6 million). AdvertisementClearly, now that Pixar movies are back in theaters, they're going to be playing everywhere — and that strategy is working.

Persons: —, That's, Will Smith, Luca, Oscar, Riley, Bing Bong, it's, It's, Alisha, Bob Iger, Raya, John Krasinski's, you'll, Indiana Jones Organizations: Service, Pixar, Business, Disney, Hollywood Locations: Oklahoma

☆ 'Inside Out 2' arrives in theaters and could hit a 100-day run. Here's why that's increasingly rare
▼ + stars: | 2024-06-14 | by ( Sarah Whitten | ) www.cnbc.com time to read: +9 min

Disney | PixarDisney is looking to bring a little joy to theaters with its upcoming release of Pixar's "Inside Out 2." For comparison, 2019's "Toy Story 4" generated $12 million on its Thursday previews and snared $120.9 million for its opening weekend. Only a rare few films would extend beyond that date — usually massive franchise films or blockbuster hits. "Ninety-day windows were always going to be unsustainable," said Jeff Kaufman, senior vice president of film and marketing at Malco Theaters. Box office experts are looking to "Inside Out 2" as a barometer for the health of Pixar and its future.

Persons: Disney, Jeff Kaufman, Daniel Loria, Loria, There's, Scarlet Johannson, Sean Gamble, Luca Organizations: Disney, Pixar Disney, Warner Bros, Pixar, Universal, Malco, Box Office Company, Studios, Hollywood, Lionsgate, Universal —, Paramount, Sony, Fox, Searchlight —, Marvel, Walt Disney Animation Locations: United States, Canada, North America, U.S

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