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Luxury powerhouse LVMH is investing billions in real estate, The Wall Street Journal reported. Michael Burke, head of LVMH Fashion Group, told the Journal, "We're creating a city." According to the Journal, the company spent $2.1 billion last year acquiring properties in Paris ahead of the Olympic games. Related storiesThe luxury brand is among several spending billions on luxury stores and experiences. Chanel and LVMH are also interested in purchasing properties on New York's Fifth Avenue and the Champs-Élysées in Paris, the Journal reported.
Persons: , Louis Vuitton Moët Hennessy, Louis Vuitton, Frank Gehry, Michael Burke, we're, Burke, Bernard Arnault, Saint Laurent, Chanel, LVMH, Amar Sitayeb, Saint, Alan DeSousa Organizations: Street Journal, Service, Wall Street Journal, Dior, LVMH, Design, Miami Design District, Gucci, Montenapoleone, The New York Times, Times, Canada, Laurent, Global News, Business Locations: Paris, Pont Neuf, Miami, Montreal, Milan's, New, The, Marais
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My husband and I are raising a blended family with three boys — 8, 13, and 15 — who each go to a different school with slightly different start times. Once the boys are off, my husband leaves for work, and I get started on my to-dos from the home office. The couple being cringe-y, as their youngest says, on a trip to New York City last fall without the kids. Sara LyleWe weren't together, pre-kidsMy husband and I were never a couple before having kids; we were with other partners.
Persons: , we've, Sara Lyle, It's Organizations: Service, Business, American Psychological Association, APA, New York City Locations: Colorado Springs, Caribbean, Denver, New York, Florida, New Orleans, New York City, France, Singapore, Southeast Asia
CNN —The State Department is divided over whether Israel is using American-provided weapons in accordance with international law ahead of a fast-approaching deadline next week for Secretary of State Antony Blinken to make a determination to Congress. Human rights groups have accused Israel of committing war crimes and abuses during the war in Gaza. The State Department official Sunday did not give further details about which parts of the department are in favor of accepting Israel’s assurances, which are in favor of rejecting them, and which took no position. “We don’t comment on leaked documents, especially those purporting to contain classified information,” State Department spokesperson Matthew Miller said in a statement. While the report does not represent the US government’s own conclusions, Blinken said last week that the State Department was looking at the incidents.
Persons: Antony Blinken, Israel, Joe Biden, Blinken, International Organization Affairs –, Matthew Miller, , Biden, Joe, Benjamin Netanyahu, Netanyahu, , Lloyd Austin, Israel “ meritless, ” CNN’s Michael Conte, Kayla Tausche, MJ Lee Organizations: CNN, The State Department, , Hamas, Reuters, , Human Rights, Labor, Justice, International Organization Affairs, Department, National, Israel, Foreign, Gaza’s Ministry of Health, Progressives, Sunday, Central, State, State Department, Armed Services Locations: Israel, Gaza, Western
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Ukraine’s DeepState monitoring group, which updates daily changes in frontline positions, shows Russian forces pushing forward in eight different locations along 20-25 kms of frontline in one 24-hour period. Military bloggers on both sides broadly agree that Russian forces have crossed a water course and taken control of the settlements of Semenivka and Berdychi. Heavy fighting continues there, but the situation is under the control of the (Ukrainian) Armed Forces,” he said. Russian forces are also making headway west of Donetsk city, entering the industrial town of Krasnohorivka from the south and the east. “Without (its) manpower advantage, Russia’s artillery and airpower advantage would not be sufficient for Russia to make gains on the battlefield.
Persons: Vladimir Putin’s, Myroshnykov, Stringer, ” DeepState, Muscovites, , Nazar Voloshyn, , DeepState, , Voloshyn, Narciso Contreras, Anatolii Stepanov, Rob Lee, ” Lee Organizations: CNN, Anadolu, Getty, ) Defense Forces, Armed Forces, , Foreign Policy Research Institute Locations: Ukraine, Kharkiv, United States, Avdiivka, Ocheretyne, Donetsk, Semenivka, Soloviove, Keramik, Ukrainian, Karlivka, DeepState, Russian, Kyslivka, Krasnohorivka, , AFP, Moscow, – greenlit, “ Russian, Russia
It's the busiest week of the earnings season, and it could have major consequences for the stock market. This quarter: The fast-food giant is expected to report single-digit earnings and revenue growth from the year-earlier period, LSEG shows. Amazon is set to report earnings after the close. What history shows: Pfizer earnings beat earnings expectations 87% of the time, per Bespoke. Thursday Apple is set to report earnings after the bell.
Persons: Jeffrey Bernstein, Bernstein, JPMorgan's Andrea Teixeira, Teixeira, AMZN, Joseph Feldman, Feldman, AAPL, , Apple Organizations: Apple, Pfizer, IBM, CNBC, Barclays, Investment, Management, AWS, Amazon, pharma, Food and Drug Administration, UBS Locations: China
Some may already be tired of the debate over White Christian nationalism, whose followers blend sexism, racism and hostility to non-White immigrants in a quest to create a White Christian America. But Wallis has been warning people about the dangers of White Christian nationalist beliefs long before the term became popular. You write that White Christian nationalism is not new, and that it’s a form of heresy. This [White Christian nationalism] is an old idea from the Doctrine of Discovery, which says that this country was for people who were White Americans. Tom Brenner/ReutersWhat’s the difference between patriotism — believing that the US is an exceptional country — and White Christian nationalism?
Persons: Jim Wallis, Marx, Wallis, ” Wallis, , Obama, White, ” Wallis ’, Jesus, You’ve, Donald Trump, Tom Brenner, Pete Seeger’s, It’s, Trump, that’s, it’s, don’t, they’re, Dietrich Bonhoeffer, Adolf Hitler, Michael Gonzalez, haven’t, Let’s, I’ve, Martin Luther, King didn’t, he’s, King, Michael Nigro, Mark Twain, Hitler, , didn’t, you’ll, John Blake, Organizations: CNN, , White, Christian America, New York Times, Macmillan “, MAGA, Faith, Justice, Georgetown University, Commission, White Americans, Reuters, Pastors, Candler, Emory University’s Candler, of Theology, Cornerstone, Justice Department Locations: Vietnam, Detroit, America, Washington, Circleville , Ohio, Atlanta , Georgia, German, Germany, Quemado , Texas, Southern, That’s, Pittsburgh, Blacks, White, Hungary, Turkey, Black
Lying in an Afghan desert, engulfed in flames and soaked in diesel fuel, Sam Brown realized he was about to die. It was September 2008, and Mr. Brown, a U.S. Army captain, had been leading his platoon to the aid of fellow soldiers who had been ambushed by the Taliban. What happens as I die?” Mr. Brown recalled in an interview with The New York Times. A fellow soldier, also injured in the blast, saved Mr. Brown, and his platoon provided first aid until he could be evacuated to a hospital. At a burn unit in Texas, he underwent more than 30 surgeries over a three-year recovery, and he was left permanently scarred.
Persons: Sam Brown, Brown, , Mr Organizations: U.S . Army, The New York Times Locations: Afghan, Kandahar, Texas
That was the sound of the first campus protest I’d ever experienced. I’d come to Harvard Law School in the fall of 1991 as a graduate of a small, very conservative Christian college in Nashville. This is the era when a writer for GQ magazine, John Sedgwick, called the law school “Beirut on the Charles” because it was torn apart by disputes over race and sex. I watched as they danced, sang and listened to speeches by student activists and sympathetic professors. Protests got more unruly, and student activists got more aggressive.
Persons: I’d, John Sedgwick, Charles ”, John F, Kentucky who’d, , Organizations: Harvard Law School, Christian, Harvard, GQ, Kennedy School of Government Locations: Nashville, Beirut, Kentucky
Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. CNN —Democrats are increasingly anxious about their party’s internal divisions over the Israel-Hamas war, which are threatening to hurt their chances in November. The eruption of pro-Palestinian protests on college campuses and the ensuing clashes with police portend bad times ahead. After President Lyndon Johnson announced that he would not run for reelection, the party nominated his vice president, Hubert Humphrey. However, there are many important differences between 2024 and 1968 that could make this current situation significantly less damaging for Biden than some Democrats fear.
Persons: Julian Zelizer, Minouche Shafik, Biden, Mike Johnson, , Shafik, Johnson, Lyndon Johnson, Hubert Humphrey, Richard Daley, Richard Nixon, , , Nixon, ” Nixon, George Wallace, Humphrey, , Harvard Kennedy, Trump, George Floyd Organizations: CNN, Princeton University, New York Times, America, Twitter, Columbia University, New York Police Department, University of Southern California, Columbia, National Guard, GOP, Democratic, Convention, Chicago police, Republican, Alabama Gov, White, Harvard Locations: Israel, Louisiana, New York City, Chicago, Windy City, Vietnam, United States, Palestine
Trump’s success might make you believe that he has turned the conventional wisdom on its head – that somehow, his legal troubles are helping him politically. There isn’t much of a sign that Trump’s legal woes are helping him among the wider electorate, even if they aren’t hurting him necessarily. Consider Trump’s polling against President Joe Biden. You might think that Trump would be gaining against Biden, if the cases against Trump were helping him. It’s not clear whether the money Trump’s raising because of appeals to his base during his legal troubles is offsetting the amount his committees are spending.
Persons: Donald Trump, Joe Biden, Trump, Biden, pollster, pollsters, don’t, Trump’s, isn’t, he’s, I’m Organizations: CNN, Republican, Biden, Trump, Marist College, Reuters, New York Times, Siena College, NBC, Quinnipiac University, Marquette University Law School, Times, Financial Times Locations: York, Quinnipiac, New York
Since South Korean voters delivered a full-throated rebuke of their conservative president this month, a small but influential group has been on edge. The country has no national law that explicitly prohibits unfair treatment based on race or ethnicity, language or sexual orientation. The bylaws’ critics argue that the so-called student human rights ordinances overemphasize students’ rights and downplay the rights of teachers. The conservative campaign must be seen for what it is: part of a concerted effort to erase L.G.B.T.Q. visibility from schools and ultimately, South Korean society.
Persons: it’s Organizations: South, Organization for Economic Cooperation, Development Locations: Korea, Japan, Turkey, South Korean
Not surprisingly, the report about Noem killing the dog has led to a furor in the media and on the internet. That, however, apparently was not how Noem viewed Cricket, writing in the book that she “hated” the rambunctious puppy. That, Noem wrote, was the last straw. Of course, President Joe Biden also has a pet dog — although Commander has not been the best-behaved dog at times. The book is filled with many honest stories of my life, good and bad days, challenges, painful decisions, and lessons learned,” Noem wrote.
Persons: Dean Obeidallah, , Harry Truman, Kristi Noem, ” Dean Obeidallah, ” Dean Obeidallah CNN Noem, Donald Trump’s, , stoutly, ” Noem, preorder, Noem, , “ Kennedy, Trump, Trump’s, Ivana, ” “ Donald, Chappy, George Washington, Abraham Lincoln, Fido, Barack Obama, Joe Biden, He’s Organizations: CNN, GOP South Dakota Gov, Cricket, ” Dean Obeidallah CNN, Guardian, South, Pew, , GOP, Cricket —, White Locations: Washington, South Dakota
Zendaya, clad in a skintight dress, gyrates on a dance floor in “Challengers,” a $56 million sports drama that arrived in multiplexes on Friday. “Sex is back!” shouted an apparently elated man at the conclusion of a prerelease “Challengers” screening in West Hollywood, Calif., this month. Think about how many times the rom-com has been declared dead — and alive — and dead. (No, wait, alive.) But this much can be said with surety: Hollywood is hornier than it has been in years.
Persons: , , Locations: , West Hollywood, Calif
Joe Biden used his speech at the White House Correspondents' Association dinner to mock Donald Trump. AdvertisementOften referred to as Washington's "nerd prom," hundreds of journalists, politicians, and celebrities rubbed shoulders on Saturday evening at the White House Correspondents' Association dinner. President Joe Biden jokes about his age and Donald Trump at the 2024 White House Correspondents’ Dinner. Trump responded to Biden's Saturday comments on his Truth Social platform, saying, "The White House Correspondents' Dinner was really bad. Later in his White House Correspondents' speech, Biden also delivered some light-hearted jokes at the media's expense.
Persons: Joe Biden, Donald Trump, Biden, , Trump, Mike Pence, Stormy Daniels, Donald, 81NH5r3hg2, 2bD4ZOo9cl —, Joe, Ron DeSantis, Ron DeSanctimonious, 4ggDwycPlY — Joe Biden, Colin Jost Organizations: White, Correspondents, Association, Trump, Service, Republican, 2bD4ZOo9cl — MSNBC, Florida Gov, Unions Washington DC, Union, New York Times, The New York Times Locations: New York
CNN —In travel news this week: a gelato ban in Italy, runaway horses in central London, the orange fog that hit Athens and – if you’re still feeling brave enough – the best dates and times to book summer flights. When to book summer travelMid-to-late August is the best time for Americans to fly this summer, according to travel company Expedia. It recommends booking summer flights 21 to 60 days out – last year, travelers booking during this window saved around 15% on domestic and international travel. Similar savings were enjoyed by travelers who departed on a Monday for international flights or on a Tuesday for domestic flights, compared with those who opted for more popular Thursday and Friday departures. Over in London, laid-back Bethnal Green cocktail bar Satan’s Whiskers was this month named “Best Bar in the UK” at the Class Bar Awards.
Persons: you’re, It’s, , Expedia, ” you’re, Speakeasy, Taylor, Swift, Pelumi Nubi, “ It’s Organizations: CNN, Travelers, Bethnal, Peugeot Locations: Italy, London, Athens, Europe, Greece, Helsinki, Finland, Buckingham Palace, Venice, Paris, Moulin Rouge, Colonia Juárez, Mexico City, North America, South London, Lagos, Nigeria, Italian, American
The California State Polytechnic University, Humboldt campus will be closed and move to a remote format until the end of the semester due to the continued occupation of at least two campus buildings, according to a statement on Friday. “Campus is now closed through May 10, and work and academic instruction will be remote as individuals continue to occupy Siemens Hall and Nelson Hall East,” the statement said, adding that protesters have attempted “several times to break into multiple locked buildings with the intention of either locking themselves in, vandalizing, or stealing equipment.”The decision is not entirely unexpected as school officials previously said in an update that the campus would remain closed over the weekend and that they were considering keeping it closed beyond that. Demonstrators were given until 5 p.m. Friday to leave with a guarantee of no immediate arrest. CNN has reached out to the university for comment regarding the situation on the campus. Cal Poly Humboldt is a public university in Arcata, California, approximately 275 miles north of San Francisco.
Organizations: California State Polytechnic University, Siemens Hall, Nelson Hall East, CNN, Cal Poly Humboldt Locations: Humboldt, , Arcata , California, San Francisco
Madi Lee is a 24-year-old who moved to the tiny town of Medora, North Dakota, after college. The year-round population of Medora is less than 150 but the town explodes with tourists in summer. Medora, North Dakota, has always been one of my favorite places. It's a unique place, located in the North Dakota Badlands at the entrance of Theodore Roosevelt National Park. Madi Lee loves working the Medora Musical in the summer and enjoys the remote nature of North Dakota in the winter.
Persons: Madi Lee, Lee, , Theodore Roosevelt, Teddy Roosevelt, It's, Dickinson, it's, We've Organizations: Service, Dakota Badlands, University of Minnesota, Theodore Roosevelt Foundation Locations: Medora , North Dakota, Medora, , North Dakota, University of Minnesota Duluth, North Dakota, Madi, Northern Minnesota
Arm Ukraine With Fanfare and Israel in Secret? That package will pay for billions of dollars of arms flowing to Ukraine, Israel and other nations. As soon as the bill became law, the administration issued new announcements about weapons shipments to Ukraine, but not about transfers to Israel. Press releases about military aid for Ukraine and Israel Since both wars began, the U.S. government has issued at least 126 press statements or updates describing military aid sent to Ukraine and just three describing military aid sent to Israel. Information on maritime support sent to … Ukraine IsraelInformation on air-based weaponry and drones sent to … Ukraine IsraelThere is another distinction worth noting.
Persons: Biden, Jonathan Ernst, Antony Blinken, , Josh Paul, Israel —, Ukraine Israel “, Daniel C, it’s, Benjamin Netanyahu Organizations: Reuters, Israel Defense Forces, Israel . Press, U.S . Department of State, U.S . Department of State ; U.S . Department of Defense, Internet, State Department, Defense Department, State and Defense, Washington Post, Ukraine authorizations, Democratic Party, West Bank, White, New York, Facebook Locations: Israel, Ukraine, U.S, U.S . Department of State ;, Ukraine Israel, Gaza, American, Egypt, Russian, Rafah, Lebanon, Iran, Iranian, Syria, United States
Protect Social Security!" In 1983, when the last major Social Security reforms were enacted, there were no benefit enhancements, Larson argued. Today, annual earnings of up to $168,600 are subject to a 6.2% payroll tax toward Social Security paid by both workers and employers. Larson's plan also calls for closing loopholes that allow wealthy taxpayers to avoid paying Social Security taxes on other income. Larson said the public is well aware that Social Security benefits are theirs and they've paid for them.
Persons: Kean, Dave Kotinsky, Larson, they've, John Larson, Conn, Mark Wilson, Nancy Altman, Drew Ferguson, Ferguson, Jodey Arrington, Charles Blahous, Blahous Organizations: Getty, hasn't, Social Security, Security, Social, Capitol, Democratic, Republican, Republican House, Republicans, George Mason University Locations: Bridgewater , New Jersey, Jan, Georgia, Texas
CNN —A Russian oil refinery in the southern Krasnodar region was impacted by a suspected Ukrainian drone attack on Saturday, according to local officials. Meanwhile in Ukraine, four thermal energy plants were “severely damaged” after Russian attacks overnight, according to a statement from DTEK, Ukraine’s largest private energy company. DTEK said that its thermal power plants have been attacked more than 170 times since the beginning of the war. A video surfaced online showing the head of the Belarusian KGB security service alleging the two medical facilities were housing soldiers. Videos shared online showed medical personnel hurrying to move patients and equipment to ambulances that were awaiting to receive them.
Persons: Veniamin Kondratyev, Eduard Trudnev, Trudnev, , Kondratyev, Herman Halushchenko, Halushchenko, Serhii Lysak, Lysak, ” Svitlana Onyshchuk, DTEK, Mykola Oleshchuk, Ivan Tertel, Vitali Klitschko, hurrying, Klitschko Organizations: CNN, Regional, Kyiv, TASS, Slavyansk ECO Group, Russia’s Ministry of Defense, Ukraine’s Energy, Facebook, Frankivsk, Ivano, Ukrainian Air Force, Ukraine, Hospitals, Belarusian KGB, , Security Service of Ukraine Locations: Krasnodar, Ukrainian, Slavyansk, Kuban, Krasnodar Krai, Russia’s, Ukraine, DTEK, Dnipropetrovsk, Ivano, Lviv, Dnipro, Kryvyi, Rih, , Russia, Belarus, Belarusian, Kyiv,
A mistake by Ukrainian troops appears to have let Russian forces advance and capture large parts of a village. AdvertisementA blunder by Ukrainian troops appears to have allowed Russian forces to advance and capture large parts of a village unopposed. The 47th Mechanized Brigade was due to be relieved by the 115th along the front line just east of Ocheretyne. AdvertisementMelnyk said the only reason Russia was unable to continue its advance was because the 47th Brigade rejoined the fight. An update on the Ukrainian Deep State website, which tracks changes on the battlefield, showed that Russian forces had captured large parts of the village.
Persons: , Mykola Melnyk, Hope, Vadym, Melnyk, Ocheretyne, Chasiv Yar, David Axe Organizations: 115th Mechanized Brigades, Service, 47th Mechanized Brigade, 115th Mechanized Brigade, 115th, Rifle Brigade, Facebook, 115th Brigade, Financial Times, 47th Brigade, Getty, for, Ukraine's 67th Mechanized Brigade, Forbes, Ukraine's Locations: Ukrainian, Avdiivka, Ukraine, Ocheretyne, Russia, Russian, AFP, Donetsk Oblast, Pokrovsk, Ukraine's, Bakhmut, Ukraine's Donetsk
The property, situated in Brentwood, was designed by Craig Ellwood and is known as the "Zimmerman House." Craig Ellwood, Zimmerman House (Los Angeles, Calif.), 1953. The Zimmerman HouseLiving room of the Zimmerman House designed by Craig Ellwood (Los Angeles, Calif.), 1953. Getty Research Institute, Los Angeles (2004.R.10)The Zimmerman House was a 2,770-square-foot home named after its first owners, Martin and Eva Zimmerman. The Eichler Network, a website focusing on midcentury modern homes in California, has shared photos of what appears to be the leveled Zimmerman House.
Persons: , Chris Pratt, Katherine Schwarzenegger, Craig Ellwood, Zimmerman, Pratt, Schwarzenegger, Robb, Ellwood's, Erin Ellwood, that's, Julius Schulman, J, Paul Getty, Maria Shriver, Ken Ungar, Ellwood, Martin, Eva Zimmerman, Garrett Eckbo, could've Organizations: Service, Business, Los Angeles Times, Paul Getty Trust, Getty Research Institute, Los, Hollywood, Eichler Network Locations: Los Angeles, Brentwood, Calif, California
Ceramics maker Maruwa is helping cool data centers amid the AI boom. Maruwa's 200-year history in ceramics contributes to its competitive edge. AdvertisementThe AI boom is driving a surge in data center construction that's sucking up tons of energy. By 2030, data centers are expected to consume 35 gigawatts of power annually, up from 17 gigawatts in 2022, according to McKinsey & Company. Related storiesThis is welcome news to perhaps no one more than a centuries-old Japanese ceramics maker that got its start making dinnerware.
Persons: , Goldman Sachs, Mitsuhiro Icho Organizations: Maruwa, Service, McKinsey & Company, CNET, McKinsey, Financial Times
Activist Commentary: Jana is a very experienced activist investor founded in 2001 by Barry Rosenstein. Wolfspeed is the world's leading producer of silicon carbide, or SiC, and a manufacturer of silicon carbide applications. Jana also recommends that the board commences a review of strategic alternatives, including a possible sale of the company. At Freshpet, Jana also made operational and capital allocation recommendations in addition to reviewing a sale of the company. Here, there has been no such mention of a "Jana Dream Team," but it is a little too early for that.
Persons: Jana, Barry Rosenstein, Rosenstein, John Palmour, Wolfspeed, Renesas, Ken Squire Organizations: John Palmour Manufacturing, Silicon Carbide, Mitsubishi Electric, 13D Locations: Siler City, N.C, Marcy, N.Y, North Carolina, Mohawk, New York, Germany, Freshpet
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