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MOSCOW (AP) — A Russian court on Tuesday ordered a detained Russian-American journalist to remain in jail ahead of trial on charges of failing to register as a foreign agent, rather than be released to house arrest, state news agency Tass reported. Kurmasheva and her lawyer on Tuesday asked for her release to house arrest, but the court in the Tatarstan capital of Kazan rejected the appeal. She is the second U.S. journalist detained in Russia this year, after Wall Street Journal reporter Evan Gershkovich was arrested on espionage charges in March. Airport officials confiscated her U.S. and Russian passports and she was fined for failing to register her U.S. passport. RFE/RL was told by Russian authorities in 2017 to register as a foreign agent, but it has challenged Moscow’s use of foreign agent laws in the European Court of Human Rights.
Persons: Alsu, Kurmasheva, Evan Gershkovich, Gershkovich Organizations: MOSCOW, U.S ., Free, Wall Street, Kazan International Airport, RFE, of Human Rights Locations: Russian, American, Free Europe, Tatarstan, Kazan, Russia, Prague
Mark Zuckerberg's Meta has recorded nearly $50 billion of metaverse losses in under five years. "We expect our RL operating losses to increase meaningfully in 2024," they noted in Meta's third-quarter earnings. Meta's metaverse losses to date exceed the market capitalization of Ford ($45 billion), Keurig Dr. Pepper ($41 billion), Hershey ($39 billion), Kraft Heinz ($39 billion), and many other large companies. They could soon overtake Lululemon ($49 billion), Chipotle ($50 billion), Target ($51 billion), and Monster Beverage ($52 billion) in size. They would also be worth nearly half as much as Zuckerberg ($105 billion).
Persons: Mark Zuckerberg's Meta, Kraft Heinz, Nike's Phil Knight, Nvidia's Jensen Huang, Ken Griffin, , Zuckerberg's Meta, Zuckerberg, Dr, Pepper, Phil Knight, Jensen Huang, Taylor Organizations: Ford, Hershey, Service, Reality Labs, Lululemon, Monster Beverage, Bloomberg, Nike, Nvidia, Citadel, Meta, NBA Locations: Meta's
Paris CNN —Marina Ovsyannikova, the journalist who interrupted a live broadcast on Russian state TV with an anti-war protest sign at the onset of the Ukraine war, has told CNN that she was stripped of her parental custody rights by a Moscow court “for political reasons.”“I am stunned and shocked by the decision of this court,” Ovsyannikova told CNN on Thursday. Earlier this month, Ovsyannikova told CNN’s Erin Burnett that her relatives who remained in Russia, including her mother and her son, testified against her in court. Speaking about the court’s custody ruling on Thursday, Ovsyannikova told CNN she hopes that France, where she has been granted political asylum, will not allow her daughter to be handed over to Russian authorities. Ovsyannikova reiterated her disillusionment with the Russian judicial system, saying, “I have no illusions left in regards to Russian jurisdiction. All courts in Russia are controlled by the Kremlin.”Earlier this week, a Russian court ordered US-Russian journalist Alsu Kurmasheva to be held in detention until December 5 for failing to register as a foreign agent, according to her employer.
Persons: Paris CNN — Marina Ovsyannikova, , ” Ovsyannikova, Ovsyannikova, CNN’s Erin Burnett, , Ovsyannikova’s, Igor, Burnett, Alsu Kurmasheva, Kurmasheva Organizations: Paris CNN —, CNN, RIA Novosti, One, Channel One, Armed Forces, Russian Federation, Kremlin, Radio Free, Radio Liberty, RFE Locations: Ukraine, Moscow, Russia, Paris, Moscow’s, France, Russian, Radio Free Europe, Prague, Czech Republic
Paris CNN —Marina Ovsyannikova, the journalist who interrupted a live broadcast on Russian state TV with an anti-war protest sign at the onset of the Ukraine war, has told CNN that she was stripped of her parental custody rights by a Moscow court “for political reasons.”“I am stunned and shocked by the decision of this court,” Ovsyannikova told CNN on Thursday. Earlier this month, Ovsyannikova told CNN’s Erin Burnett that her relatives who remained in Russia, including her mother and her son, testified against her in court. Speaking about the court’s custody ruling on Thursday, Ovsyannikova told CNN she hopes that France, where she has been granted political asylum, will not allow her daughter to be handed over to Russian authorities. Ovsyannikova reiterated her disillusionment with the Russian judicial system, saying, “I have no illusions left in regards to Russian jurisdiction. All courts in Russia are controlled by the Kremlin.”Earlier this week, a Russian court ordered US-Russian journalist Alsu Kurmasheva to be held in detention until December 5 for failing to register as a foreign agent, according to her employer.
Persons: Paris CNN — Marina Ovsyannikova, , ” Ovsyannikova, Ovsyannikova, CNN’s Erin Burnett, , Ovsyannikova’s, Igor, Burnett, Alsu Kurmasheva, Kurmasheva Organizations: Paris CNN —, CNN, RIA Novosti, One, Channel One, Armed Forces, Russian Federation, Kremlin, Radio Free, Radio Liberty, RFE Locations: Ukraine, Moscow, Russia, Paris, Moscow’s, France, Russian, Radio Free Europe, Prague, Czech Republic
The State Department said Russia’s arrest of journalist and dual Russian-U.S. citizen Alsu Kurmasheva appears to be another case of harassment of an American. Wall Street Journal reporter Evan Gershkovich was detained in March. Photo: pangea graphics (rfe/rl)/ReutersA Russian court formally arrested a U.S. journalist for Radio Free Europe/Radio Liberty in a case that is exacerbating tensions between Washington and Moscow, ordering her to be held in pretrial detention on an allegation she had failed to register herself as a “foreign agent.”A representative of the Sovetsky District Court in Kazan, a city in southwest Russia, said Alsu Kurmasheva, who holds both U.S. and Russian citizenship, would be held until at least Dec. 5.
Persons: Alsu Kurmasheva, Evan Gershkovich, Organizations: State Department, Wall Street, rfe, Reuters, Radio Free, Radio Liberty Locations: Russian, Radio Free Europe, Washington, Moscow, Sovetsky, Kazan, Russia
Russian court extends detention of U.S. journalist to Dec. 5
  + stars: | 2023-10-23 | by ( ) www.reuters.com   time to read: +2 min
[1/5] Radio Free Europe/Radio Liberty (RFE/RL) journalist Alsu Kurmasheva, accused of violating Russia's law on foreign agents, talks to her lawyer Edgar Matevosyan as they attend a court hearing in Kazan, Russia October 23, 2023. REUTERS/Alexey Nasyrov Acquire Licensing RightsKAZAN, Russia, Oct 23 (Reuters) - A Russian-American journalist who stands accused of breaking Russia's law on foreign agents had her pre-trial detention extended on Monday until Dec. 5. Under the ruling, she is to be held in a pre-trial detention centre in Kazan. The U.S. State Department said last week that the proceedings against Kurmasheva appeared to be "another case of the Russian government harassing U.S. citizens". Kurmasheva, who holds U.S. and Russian passports, entered Russia on May 20 to deal with a family emergency, RFE/RL said.
Persons: Alsu Kurmasheva, Edgar Matevosyan, Alexey Nasyrov, Jeffrey Gedmin, Evan Gershkovich, Kurmasheva, Filipp Lebedev, Mark Trevelyan, Gareth Jones Organizations: Radio Free, Radio Liberty, RFE, REUTERS, Rights, U.S . Congress, Reuters, Wall Street, U.S . State Department, Kremlin, Thomson Locations: Radio Free Europe, Kazan, Russia, American, Prague, Ukraine, Moscow, Washington
London CNN —A Russian court has ordered US-Russian journalist Alsu Kurmasheva to be held in detention until December 5 for failing to register as a foreign agent, according to her employer. Kurmasheva is employed by the Tatar-Bashkir service Radio Free Europe/ Radio Liberty (RFE/RL) and is based in Prague, Czech Republic. According to her employer, Kurmasheva was detained on June 2 in the city of Kazan in Russia while waiting for a return flight to the Czech Republic. The date of her next court appearance is currently unknown, Matevosyan said, adding that Kurmasheva was also fined for failing to notify Russian authorities of her dual citizenship. Last month, a Moscow court refused to hear an appeal against his pre-trial detention.
Persons: Alsu Kurmasheva, Kurmasheva, Edgar Matevosyan, Matevosyan, Vladimir Putin, Evan Gershkovich Organizations: London CNN, Radio Free, Radio Liberty, RFE, Wall Street Locations: Russian, Radio Free Europe, Prague, Czech Republic, Kazan, Russia, US, Ukraine, Tatarstan, Bashkortostan, Moscow
[1/3] Radio Free Europe/Radio Liberty (RFE/RL) journalist Alsu Kurmasheva, who holds Russian and U.S. citizenship, attends a court hearing after being detained on suspicion of failing to register as a "foreign agent," in Kazan, Russia October 20, 2023. Kurmasheva is a Prague-based journalist for Radio Free Europe/Radio Liberty (RFE/RL), which is funded by the U.S. Congress and designated by Russia as a foreign agent, meaning it gets foreign funding for activity deemed to be political. "This appears to be another case of the Russian government harassing U.S. citizens," State Department spokesperson Matt Miller told reporters on Thursday. That contrasted with its reaction after Gershkovich's arrest, when Peskov told reporters, without providing evidence, that the reporter had been "caught red-handed" while trying to obtain military secrets. She was charged a week later with failure to register as a foreign agent, an offence that carries up to five years in prison.
Persons: Alsu Kurmasheva, Alexey Nasyrov, Kurmasheva, Edgar Matevosyan, Evan Gershkovich, Matt Miller, Dmitry Peskov, Peskov, Jeffrey Gedmin, Filipp Lebedev, Mark Trevelyan, Felix Light, Hugh Lawson Organizations: Radio Free, Radio Liberty, RFE, Russian, REUTERS, Rights, U.S . Congress, Reuters, Wall Street, Thomson Locations: Radio Free Europe, Kazan, Russia, American, Prague, Ukraine, Moscow, Washington
US citizen working as journalist detained in Russia
  + stars: | 2023-10-19 | by ( Mariya Knight | ) edition.cnn.com   time to read: +2 min
Atlanta CNN —A US-Russian dual national working for Radio Free Europe has been detained in Russia and charged with failing to register as a foreign agent, the US-funded news organization reported Wednesday. Alsu Kurmasheva is currently employed as a journalist and editor for the Tatar-Bashkir service of Radio Free Europe/ Radio Liberty (RFE/RL) and is based in Prague. According to her employer, Kurmasheva was detained on June 2 in the city of Kazan in Russia while waiting for a return flight to the Czech Republic. According to RFE/RL, Kurmasheva is an accomplished journalist who has been writing about the life of ethnic minorities in Russia’s Tatarstan and Bashkortostan regions for many years. He’s the first US journalist to be accused of spying by Moscow since 1986, when US reporter Nick Daniloff was detained on a similar charge.
Persons: Alsu Kurmasheva, Kurmasheva, Jeffrey Gedmin, Vladimir Putin, , Evan Gershkovich, Nick Daniloff, Gershkovich Organizations: Atlanta CNN, Radio Free, Radio Liberty, RFE, ” CNN, US State Department, Wall Street Locations: Russian, Radio Free Europe, Russia, Prague, Kazan, Czech Republic, Tatarstan, Bashkortostan, Ukraine, Moscow
American journalist detained and charged in Russia
  + stars: | 2023-10-19 | by ( Yuliya Talmazan | ) www.cnbc.com   time to read: +2 min
A U.S. journalist has been detained in Russia, her employer said, the second such case since the war in Ukraine started. RFE/RL said Kurmasheva, who is based in Prague, has been charged with failure to register as a foreign agent, a designation Russia requires of any organizations or individuals that it perceives as receiving foreign funding. The charge carries a maximum sentence of five years in prison, said RFE/RL, which is a U.S. government-funded media company. Kurmasheva was waiting for her passports to be returned when the new charge was announced on Wednesday, RFE/RL said. Gershkovich and his employer deny all charges against him and is considered "wrongfully detained" by the U.S. government.
Persons: Alsu, Kurmasheva, Evan Gershkovich, Gershkovich Organizations: Radio Free, Radio Liberty, RFE, Wednesday, Kremlin, Wall Street, Bashkir Service, NBC, NBC News, U.S, Protect Journalists, U.S . Locations: Russia, Ukraine, Radio Free Europe, Russian, Kazan, Prague, U.S, Bashkir, Moscow
Alsu Kurmasheva, an editor with Radio Free Europe/Radio Liberty's (RFE/RL) Tatar-Bashkir Service, poses in this undated handout photo. Alsu Kurmasheva, an editor with Radio Free Europe/Radio Liberty’s Tatar-Bashkir Service who holds both U.S. and Russian passports, travelled to Russia on May 20 for a family emergency. Radio Free Europe/Radio Liberty, which has headquarters in Prague and Washington, says its mission is to "promote democratic values by providing accurate, uncensored news and open debate in countries where a free press is threatened and disinformation is pervasive". During the Cold War, RFE/RL transmitted news to audiences behind the Iron Curtain. "Journalism is not a crime and Kurmasheva’s detention is yet more proof that Russia is determined to stifle independent reporting."
Persons: Alsu Kurmasheva, Russia detains, Evan Gershkovich, Alsu, Kurmasheva, Jeffrey Gedmin, Gulnoza Said, Guy Faulconbridge, Lincoln, Gareth Jones Organizations: Radio Free, Liberty's, RFE, Graphics, REUTERS Acquire, Russia, Russia detains RFE, Free, Radio Liberty, Wall Street, The State Department, Bashkir Service, Soviet Union, West . Radio Free, U.S, Congress, U.S . Agency for Global Media, U.S . Central Intelligence Agency, Protect Journalists, Central Asia, Thomson Locations: Radio Free Europe, Bashkir, Russian, MOSCOW, Russia, Free Europe, Ukraine, U.S, Prague, RUSSIA, Soviet, West . Radio Free Europe, Washington, Europe, Central
Deutsche Bank reiterates Wells Fargo as buy Deutsche Bank said it's standing by its buy rating on the stock. " BTIG initiates Instacart as neutral BTIG initiated the stock with a neutral rating mainly on valuation. Raymond James initiates Ralph Lauren as outperform Raymond James said in its initiation of Ralph Lauren that it has "strengthening direct-to-consumer." Oppenheimer reiterates Netflix as outperform Oppenheimer lowered its price target on the stock but said it's standing by its outperform rating on shares of Netflix. "Following CFO comments at competitor conference, we are lowering '24E/'25E margins and reducing target to $470 from $515, but maintaining Outperform rating on revenue outlook."
Persons: Goldman Sachs, it's, Meta's, Raymond James, Ralph Lauren, Wells, Wells Fargo, Oppenheimer, Morgan Stanley, XOM, Jefferies, Chris Rolland, downgrades Deere, Canaccord, Bernstein, underperform Bernstein Organizations: Constellation Brands, Deutsche Bank, WFC, Citi, Meta Citi, Meta's, Meta, CART, Bank of America, Apple, of America, Boeing, Communications, Cable, UBS, Netflix, Jefferies, Susquehanna, Semiconductor, Deere, HSBC, Walmart, Procter, Gamble, Procter & Gamble Locations: China, EBITDA
Raymond James says buy this undervalued retail stock
  + stars: | 2023-09-22 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +1 min
Growing international market share should lift Ralph Lauren 's revenue growth, according to Raymond James. The firm initiated the stock with an outperform rating and a price target of $135 per share. RL YTD mountain RL ytd chart Analyst Rick Patel thinks that Ralph Lauren is trading below fair value, creating a buying opportunity for investors. Growing average item selling prices and unit volume from international markets such Asia should also serve to push Ralph Lauren's revenue growth higher, Patel added. This has entailed elevating its iconic brand, right-sizing its wholesale distribution, fortifying its digital capabilities, and right-sizing inventory," he wrote.
Persons: Ralph Lauren, Raymond James, Rick Patel, Patel, Ralph Lauren's, Ralph, — Michael Bloom Organizations: Wholesale Locations: North America, Asia, COVID
Ralph Lauren 's solid fundamentals have translated to a promising long-term growth outlook, according to Guggenheim. The firm upgraded shares of the apparel company to a buy rating from neutral on Monday, and initiated a price target of $166. Shares of Ralph Lauren have climbed nearly 8% since the start of 2023. RL YTD mountain Ralph Lauren stock year to date Analyst Robert Drbul cited the company's strong balance sheet and attractive valuation as reasons for the upgrade. The analyst expects Ralph Lauren's earnings to benefit from several cyclical tailwinds and boosted his estimates for the next two years.
Persons: Ralph Lauren, Lauren, Robert Drbul, Ralph Lauren's, Drbul, Michael Bloom Organizations: Guggenheim
REUTERS/Mario Anzuoni//File Photo Acquire Licensing RightsOTTAWA, Aug 24 (Reuters) - Canada's corporate ethics watchdog on Thursday announced investigations into the Canadian units of Walmart (WMT.N) and Hugo Boss (BOSSn.DE) to probe allegations of Uyghur forced labor in the companies' supply chains and operations. The Canadian Ombudsperson for Responsible Enterprise (CORE) said it had published an initial assessment report after complaints filed by a coalition of 28 civil society organizations in June 2022. CORE will also investigate the Canadian unit of fashion firm Diesel, which is owned by Italy's OTB (OTB.L). In March, a U.N. committee said it was concerned about China's treatment of its Muslim minority, including the use of forced labor against Uyghurs. CORE was launched in 2019 to monitor and investigate human rights abuses, mainly by Canadian garment, mining and oil and gas companies operating abroad.
Persons: Mario Anzuoni, Hugo Boss, Italy's OTB, Ralph Lauren, RL.N, Sheri Meyerhoffer, CORE's Ombudsperson, David Ljunggren, Jonathan Oatis Organizations: Walmart, REUTERS, Rights OTTAWA, Responsible Enterprise, Diesel, Nike Canada, CORE, Thomson Locations: Rosemead , California, U.S, China
A Russian pilot defected to Ukraine on Wednesday, taking his helicopter with him, officials say. Ukraine's head of military intelligence told RFE/RL that the pilot's crew members were taken by surprise. They members freaked out and tried to run away before being killed, the official said. AdvertisementAdvertisementUkraine's military intelligence agency told the Kyiv Post that the helicopter crew members were unwilling to surrender and were consequently "eliminated." AdvertisementAdvertisementThe remarkable defection was the result of a six-month secret plot, a spokesperson for Ukraine's directorate of military intelligence told local media.
Persons: freaked, Ukraine's, Kyrylo Budanov, Budanov, Yuriy Butusov, Butusov Organizations: RFE, Service, of Intelligence, Radio Free, Radio Liberty, Kyiv Post, Pravda, Ukrainian Armed Forces Locations: Russian, Ukraine, Wall, Silicon, Ukrainian, Radio Free Europe, Russia, Kyiv
[1/2] A signage is seen in the offices of Tapestry, Inc., in Manhattan, New York, U.S., November 19, 2021. Luxury rivals Ralph Lauren (RL.N), LVMH (LVMH.PA), Gucci-owner Kering (PRTP.PA) and Canada Goose (GOOS.TO) have also faced sales pressures from softening U.S. demand. Tapestry expects adjusted earnings in the range of $4.10 to $4.15 per share in fiscal 2024, compared to estimates of $4.24. Tapestry said fiscal 2024 net sales were approaching $6.9 billion, compared to average analysts' estimate of $6.93 billion. The company's adjusted per share was 78 cents in the fourth quarter ended July 1, missing analysts' estimate of 97 cents.
Persons: Andrew Kelly, Ralph Lauren, RL.N, Gucci, Kering, Michael Kors, Kate Spade, Stuart Weitzman, Rachel Wolff, Tapestry, Savyata Mishra, Juveria, Maju Samuel Organizations: Tapestry, Inc, REUTERS, Capri, Insider, Thomson Locations: Manhattan , New York, U.S, United States, North America, China, Bengaluru
Ralph Lauren posts surprise rise in quarterly sales
  + stars: | 2023-08-10 | by ( ) www.reuters.com   time to read: +1 min
A security guard stands outside the Ralph Lauren store during the outbreak of the coronavirus disease (COVID-19), in Beverly Hills, California, U.S., July 30, 2020. REUTERS/Mario AnzuoniAug 10 (Reuters) - Ralph Lauren (RL.N) reported a surprise rise in quarterly revenue on Thursday, as demand for its high-end sweaters, shirts and outdoor clothing saw a strong rebound in China, offsetting a slowdown in luxury spending in the United States. Luxury brands have seen a pick-up in China demand as the market reopens from COVID-19 curbs, propping up sales at several high-end labels at a time when U.S. demand has cooled. Net revenue rose to $1.50 billion in the first quarter, from $1.49 billion a year earlier. Reporting by Deborah Sophia in Bengaluru; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.
Persons: Ralph Lauren, Mario Anzuoni, RL.N, Ralph Lauren's, Jane Hali, Deborah Sophia, Milla Nissi Organizations: REUTERS, Associates, Thomson Locations: Beverly Hills , California, U.S, China, United States, COVID, Asia, Bengaluru
Kellogg (K) has many critics but 52-week low, pure snacks and break-up value for classic brands is high. Applovin (APP) surprise blow-out quarter for marketing company that uses machine learning to figure out advertising. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: Ralph Lauren, Kellogg, McCormick, Baird, Akamai, JACK, Morgan Stanley, Warby Parker, Oppenheimer, Jim Cramer's, Jim Cramer, Jim, Daniel Acker Organizations: IAC, SBA Communications, BofA, Mizuho, Realty, Barclays, General Electric, GE, PT, Deutsche Bank, Jim Cramer's Charitable, CNBC, Target Corp, Bloomberg, Getty Locations: France, BofA, Chicago , Illinois
Wall Street analysts named a list of stocks this week that they say could offer protection for investors as market tension rises. "We view Zscaler as a best-in-class, next generation cybersecurity company built for the distributed cloud world," he added. Earlier this week, the firm initiated coverage of the aerospace and defense components company with a buy rating. Zscaler - BTIG, buy rating "Over the last couple of months, we have spoken with seven contacts with a view on ZS, and feedback has been consistently positive. TransDigm Group - Citi, buy rating "The company's focus on proprietary products & lean operations affords pricing power and margin expansion potential.
Persons: Jason Kupferberg, Kupferberg, TOST, Zscaler, Gray Powell, Powell, Jason Gursky, Gursky, TransDigm, BURL, ROST, LULU, NetEase, Morgan Stanley Organizations: CNBC, Urban Outfitters, Toast Bank of America, TransDigm Group Citi, TransDigm, Barclays, Free, Citi, NetEase, Bank of America, TAM Locations: 2H23
Economic releases : The Labor Department releases its monthly consumer price index and producer price index on Thursday and Friday, respectively. For that reason, we'd be content if the July figure doesn't indicate a resurgence of rising wholesale costs, which is a concern given a recent uptick in energy prices. On Tuesday before the opening bell, Club holding Eli Lilly (LLY) reports. Finally, Club names Walt Disney (DIS) and Wynn Resorts (WYNN) will report on Wednesday after the closing bell. In preparation for these releases, be sure to check out our first-quarter earnings report card .
Persons: we'll, Knight, Eli Lilly, We'll, donanemab, Walt Disney, We're, Tyson, Henry Schein, Li Auto, Armour, WEN, Ralph Lauren, Price, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Labor Department, Reserve, Manufacturing, ADP, Fitch, AAA, U.S ., PPI, Coterra Energy, Walt, Wynn Resorts, Disney, Tyson Foods, TSN, KKR, Energy, Paramount, UPS, Barrick, Duke Energy, Restaurant Brands, Warner Music, Fox Corp, NRG Energy, AMC, Bros, Endeavor, IAC, Sony, SONY, Brookfield Asset Management, WYNN, Trade, Novo Nordisk, US Foods, News Corp, Air Canada, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Getty Locations: United States, Mounjaro, Hollywood, Las Vegas, Boston, Macao, PENN, Valvoline, VVV, Credicorp, New York City
New inflation data set for release in the week ahead could help Wall Street regain its footing. However, he does not expect that the inflation data releasing next week will be very threatening, even if they show a slight rise from the prior reading. A smattering of results will roll out in the week ahead including from major firms like the Walt Disney Company, which reports Wednesday. Other economic data Investors will digest other major economic data in the week ahead. Hourly earnings (July) Earnings: RL Friday, Aug. 11 8:30 a.m. PPI (July) 10 a.m. Michigan Sentiment preliminary (August)
Persons: it's, Jack Ablin, Ablin, McCormick, Archer, CFRA'S Sam Stovall, FactSet, Stovall, Greg Bassuk, Bassuk, Tyson, Eli Lilly, Fox Organizations: Federal, PPI, Cresset, Nasdaq, Dow Jones, Fed, Daniels, Midland, Chevron, Investments, Walt Disney Company, Wynn Resorts, Dow, Consumer Credit, Tyson Foods, Paramount, Parcel Service, CPI Locations: U.S, Michigan
RFE/RL's Serhiy Nuzhnenko was one of the first photojournalists to enter the town of Bucha after Russian troops rolled in — and came back the year after to see it transformed. A main street in Bucha photographed on March 1, 2022, during a pause in fighting, and then again more than a year later in May 2023. Serhiy Nuzhnenko/RadioSvoboda.org/RFE/RL/InsiderHe returned to take photographs of the exact same sites where he had captured the horrors of the war a year earlier. City officials said more than 450 bodies of civilians were recovered from the Bucha after Russia's invasion, according to Politico.
Persons: Serhiy Nuzhnenko Organizations: RFE, Politico Locations: Bucha,
Russian President Vladimir Putin has been portrayed as an elite KGB intelligence officer in the 1980s. But a new report from Der Spiegel suggests he was never the super spy he was thought to be. Horst Jehmlich, a former Stasi officer who also worked in Dresden, told Der Spiegel that Putin was nothing more than an "errand boy." Putin worked for the KGB, the Soviet Union's intelligence service, for nearly two decades. Officially he retired from active KGB service with the rank of lieutenant colonel.
Persons: Vladimir Putin, Der Spiegel, , Spiegel, Der, Putin, Horst Jehmlich, Oleg Kalugin Organizations: Service, Red Army, Dresden University, KGB, RFE Locations: Soviet, West Germany, Dresden, East Germany, Germany, Russia
Economic policies sacrifice poor Americans
  + stars: | 2023-06-02 | by ( Lauren Silva Laughlin | ) www.reuters.com   time to read: +3 min
NEW YORK, June 2 (Reuters Breakingviews) - Dollar General (DG.N), the ultra-low-cost retailer with 19,000 stores reaching 75% of the U.S. population, has never been a comfortable reflection of the American consumer. That underscores troubling consequences of current U.S. economic policy: the poor are being sacrificed. Over the past two decades, dollar stores have upended how the cross section of the United States shops. In smaller towns, Dollar General and competitors including Dollar Tree (DLTR.O) offer cheap and accessible groceries. Reuters GraphicsIn the past week, U.S. Congress has continued to roll back policies that would help Americans with less to go around.
Persons: Jeffery Owen, Lululemon, Nordstrom, Ralph Lauren’s, Joe Biden’s, Lululemon Athletica’s, Erik Nordstrom, Jennifer Saba, Sharon Lam Organizations: YORK, Reuters, Dollar, Walmart, Shoppers, Reuters Graphics, Congress, Thomson Locations: United States
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