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More startling, though, is that the movie is also often eccentric and at times eccentrically funny. You expect refined craft and technique from Scott and the pleasures of spectacle filmmaking at its most expansive. It opens in Paris amid that convulsion of violence called the Terror, with surging, shouting crowds and the metallic hiss of the falling guillotine blade. Aristocrats are losing their heads (Scott re-creates one execution with gory verisimilitude), and Napoleon Bonaparte — a mesmerizing, off-kilter, lumpish Joaquin Phoenix — will soon profit from the chaos. Before long, the story has jumped forward and now Napoleon is in the southern French port city of Toulon, where he strategically routs the Anglo-Spanish fleet that has taken the city.
Persons: Kane, ” Orson Welles, Welles, Ridley Scott, “ Napoleon, ” Scott, Napoleon ”, Scott, Karl, Napoleon Bonaparte —, lumpish Joaquin Phoenix —, Napoleon Organizations: Locations: “ Kingdom, Europe, Africa, Russia, Paris, Toulon
Joe Coffee founders Nick and Brenden Martin Joe CoffeeWall Street is on edge. Over the past two decades, small businesses have accounted for 40% of U.S. gross domestic product, according to the Chamber of Commerce. "If America is really built on the backbone of small business owners, why are they the ones that never catch the break?" In 2021, Joe Coffee, which now has 17 employees, created a full software and payments suite for coffee shops. WATCH: Xero will remain focused on core segments such as small businesses
Persons: PAYC ZI, Nick Martin, Joe Coffee, Martin, Joe Coffee's, aren't, Bill, Nick, Brenden Martin Joe Coffee, John Rettig, Cameron Hyzer, Yamini Rangan, Rangan, Bill didn't, Jake Dollarhide, Martins, Brenden Martin, Nick's, Brenden, Zhang Peng, they'd, Taylor McGinnis, ZoomInfo, we've, Bryan Keane Organizations: Starbucks, CNBC, Bill Holdings, Bureau of Labor Statistics, Joe, Nasdaq, Chamber of Commerce, Longbow Asset Management, Microsoft, Coffee Fest, UBS, Deutsche Bank Locations: Seattle, Paycom, West Richland , Washington, Coffee, Los Angeles
Arm’s public-market journey starts with a stumble
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +2 min
A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 9 (Reuters Breakingviews) - Investors in the $56 billion semiconductor group Arm may be in for a bumpier ride than they hoped. The good news is that CEO Rene Haas expects revenue in the fiscal year to March of roughly $3 billion, in line with analysts' expectations. The less good news, which dragged Arm’s shares down 8%, is that Haas said revenue in the fiscal quarter to December might be anywhere from $720 million to $800 million. Admittedly, at the midpoint of the range that’s only $10 million below the mean analyst forecast, per LSEG.
Persons: Dado Ruvic, Rene Haas, Haas, Liam Proud, Lisa Jucca, Streisand Neto Organizations: REUTERS, Reuters, X, SEC, Thomson
Macquarie sends shareholders a sell signal
  + stars: | 2023-11-03 | by ( ) www.reuters.com   time to read: +2 min
Chief Executive of the Macquarie Group Shemara Wikramanayake, is seen in this handout picture taken in Sydney, Australia in 2022 released on May 5, 2023. Macquarie Group and Alice Boshell/Handout via REUTERS. Acquire Licensing RightsMELBOURNE, Nov 3 (Reuters Breakingviews) - Macquarie (MQG.AX) boss Shemara Wikramanayake knows how to time the market. The two moves seem designed to calm any shareholders nervous about the bank’s dip in fortunes. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Alice Boshell, Shemara Wikramanayake, Macquarie, Antony Currie, Aston Martin, Una Galani, Thomas Shum Organizations: Macquarie Group, REUTERS, Acquire, Rights MELBOURNE, Reuters, X, Pfizer, Thomson Locations: Sydney, Australia, Handout, Macquarie
SEOUL, Oct 20 (Reuters) - South Korea reported on Friday the country's first outbreak of lumpy skin disease at a cattle farm, the agriculture ministry said. Four cows at a farm in the western city of Seosan were found to have been infected with the disease after showing skin lesion, the ministry said. Lumpy skin disease, which causes blisters and reduces milk production, is a highly infectious viral disease affecting cattle and buffalo that is transmitted by insect biting. Authorities have restricted access to and from the affected farm and plan to cull some 40 other cows at the facility, it said. The government has also imposed a 48-hour transport ban on cattle across the country starting on Friday afternoon to prevent the risk of a further spread of the disease, the ministry said.
Persons: Soo, Choi, Ed Davies Organizations: Thomson Locations: SEOUL, South Korea, Seosan
Ether could hit $8,000 by end-2026, Standard Chartered analyst Geoff Kendrick wrote. Bitcoin's halving, regulatory developments, and the end to the bond market sell-off will also benefit ether. 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 . By the end of 2026, ether could reach $8,000, or a 400% jump from today's price of around $1,600.
Persons: Geoff Kendrick, , Kendrick, Tokenization Organizations: Service, Chartered, BTC, ETH, FX Research, Digital Assets
Rivian is now at an attractive entry point for investors after a recent sell-off, according to UBS. Rivian shares are down more than 22% this month after the company said it will over $1.5 billion in convertible green bonds. "While we continue to believe 2024 quarterly production/deliveries can be lumpy owing to plant re-rating, the lower stock price de-risks some of our concerns," he wrote. Rivian shares are higher by 1.9% for the year. RIVN YTD mountain Rivian YTD chart — CNBC's Michael Bloom contributed to this report.
Persons: Rivian, Joseph Spak, Spak, Rivian's, Michael Bloom Organizations: UBS Locations: 4Q24
HALF MOON BAY, Calif. (AP) — A Minnesota horticulture teacher set a world record in California on Monday for the heaviest pumpkin after growing a giant jack-o'-lantern gourd weighing 2,749 pounds (1,247 kilograms). Travis Gienger of Anoka, Minnesota, won the 50th World Championship Pumpkin Weigh-Off in Half Moon Bay, California, with an enormous, lumpy, orange pumpkin that could produce at least 687 pies. The previous world record for heaviest pumpkin was set by a grower in Italy who produced a 2,702-pound (1,226-kilogram) squash in 2021, according to Guinness World Records. He first competed in Half Moon Bay's annual weigh-off in 2020 and has won three of the city's last four giant pumpkin contests. The pumpkin champ won a $30,000 prize for growing the biggest pumpkin and setting a world record.
Persons: Travis Gienger, , Gienger, Organizations: Guinness World Records, Anoka Technical College, Pumpkin Locations: Calif, Minnesota, California, Anoka , Minnesota, , California, U.S, Italy
And for scientists, preserved footprints can lead to unexpected journeys into the past that rewrite history. National Park ServiceWhen the discovery of 61 fossilized human footprints found in New Mexico’s White Sands National Park was first announced in 2021, the ancient find changed the timeline of early humans living in the Americas. That’s why the footprints represent such a crucial missing chapter in human history. Across the universePlanetlike objects were spotted in a new image of the Orion Nebula taken by the James Webb Space Telescope. NASA/ESA/CSAAstronomers used the James Webb Space Telescope to peer inside the glowing Orion Nebula and found something completely unexpected: pairs of planetlike objects.
Persons: we’ve, Trailblazers, Katalin Karikó, Drew Weissman’s, James Webb, , Samuel G, Pearson, Webb, Edward Marshall, Christopher Columbus, , Ashley Strickland, Katie Hunt Organizations: CNN, Park Service, Sands, James Webb Space Telescope, NASA, ESA, CSA, Telescope, European Space Agency, Comedy, CNN Space, Science Locations: New, Americas, North America, China, Redonda, Flora Redonda, Caribbean, Indonesia
Unlocking the clues of a metal world
  + stars: | 2023-10-06 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +5 min
CNN —For the first time, a NASA mission is setting off on a distant journey to visit a metal world in our solar system. This illustration depicts how scientists envision the Psyche asteroid. Over time, Psyche likely collided with other rocky objects, losing its outer crust and mantle until only its metal core remained. “We have never seen the surface of a metal world up close. “If you brought back as much metal as likely exists in Psyche, then the metals would no longer be rare and the price would plummet,” Metzger said.
Persons: REx, Annibale de Gasparis, , Zoe Landsman, Psyche, Landsman, isn’t, ” Landsman, NASA’s, Anicia Arredondo, , ” Arredondo, Philip Metzger, ” Metzger Organizations: CNN, NASA, JPL, Caltech, ASU, Exolith, University of Central, Radar, Astronomy, Boeing, ASU “, Southwest Research Institute, Division, Planetary Sciences, Europlanet Science Congress, Scientists, University of Central Florida’s Florida Space Institute Locations: Italian, University of Central Florida, San Antonio
Apollo’s divergent path outshines Blackstone
  + stars: | 2023-09-28 | by ( Jonathan Guilford | ) www.reuters.com   time to read: +7 min
NEW YORK, Sept 28 (Reuters Breakingviews) - Apollo Global Management (APO.N) and Blackstone (BX.N) both emerged from private equity’s primordial swamp. That spread comprised nearly three-quarters of Apollo’s $3.1 billion in profit available to be doled out to shareholders in 2022. That turbo-charged the fees Blackstone reaps from managing funds, which contributed 59% of $6.6 billion in profit available to shareholders last year. Apollo’s earnings from its insurance business are awarded an even more meager 10 times. This doesn’t form the closed loop like that between Athene, Apollo and its various specialist lenders.
Persons: Marc Rowan, haven’t, dealmaking, Rowan, Blackstone, Steve Schwarzman, Athene, BREIT, Rich, reckons Bain, Schwarzman, Dealmaking, hasn’t, Lauren Silva Laughlin, Oliver Taslic Organizations: Reuters, Apollo Global Management, Blackstone, Apollo, Reuters Graphics Reuters, Barclays, Schwarzman, U.S . Federal, Industry, Life Insurance, Research Association, Thomson Locations: freefall, BREIT, Blackstone
Lindell insulted him, his lawyers, the judge, and took a break to go on Steve Bannon's podcast. When he stood up to take a call in the middle of questioning, Coomer's lawyers called it a day. In an interview with Insider on Friday, Lindell called Coomer's lawyers "creepy" and "evil." He said he had to take a personal "emergency call" before the deposition ended, and that Coomer's lawyers were aware it was coming. During the depositions, Lindell fiercely guarded his pillow company's brand and bristled at any suggestion that one of its latest products, the MyPillow 2.0, could be subpar.
Persons: Eric Coomer, Mike Lindell, Lindell, Steve Bannon's, Coomer, I'm, Bannon, Coomer's, , Nina Wang, Wang Organizations: Dominion, Service, Dominion Voting Systems, Lindell, America Locations: Wall, Silicon, Texas, Wisconsin
SoftBank’s reduced Arm price tag is still too high
  + stars: | 2023-09-05 | by ( Liam Proud | ) www.reuters.com   time to read: +7 min
The lesson for SoftBank and Arm is clear: chip investors are laser-focused on medium-term operating profit, not just revenue. Reuters GraphicsThere are three key moving parts to Arm’s valuation. Under SoftBank, Arm’s operating margin has dropped to around 25%, from roughly 40% in 2015 – a consequence of Son’s preference for heavy investments in research. If Arm nabbed the same multiple, its enterprise value would be $33 billion, using the above growth and operating margin. To mimic and sustain Nvidia-esque growth, Arm CEO Rene Haas would have to keep ramping up investments in engineers and sales teams, which would weigh on margins.
Persons: SoftBank, Masayoshi Son, Bernstein, they’ll, Rene Haas, SoftBank’s, it’s, George Hay, Katrina Hamlin, Oliver Taslic Organizations: Reuters, SoftBank, Nvidia, Cadence Design Systems, LSEG, Reuters Graphics, Apple, Devices, Vision Fund, Nasdaq, Thomson Locations: Cambridge, Saudi Arabia
CNN —In Guy Nattiv’s new feature film “Golda,” which arrived in theaters Friday, Helen Mirren plays Israeli Prime Minister Golda Meir during the crisis of the 1973 Yom Kippur War. Accordingly, the movie is inevitably fodder for an ongoing discussion about whether non-Jewish performers should play Jewish roles. They made significant advances, threatening all of Israel, until Israel ultimately turned the tide to retain the land it had acquired in 1967. Join us on Twitter and FacebookInstead, the point is that the Yom Kippur War was a complicated conflict for territory and geopolitical advantage, abetted by prejudice and intransigence on every side. White non-Jewish actors can be cast as White Jewish characters because White Jewish people (like White Irish people or White Italian people) are, at the moment, generally perceived and accepted as White.
Persons: Noah Berlatsky, Guy Nattiv’s, Golda, Helen Mirren, Golda Meir, Mirren, Noah Berlatsky Noah Berlatsky, , Mirren —, , “ Golda ”, Moshe Dayan, There’s, Anwar Sadat, Sadat, Israel, Abraham Rabinovich’s, ” Rabinovich, Meir, Henry Kissinger, Liev Schreiber, Kissinger, it’s, Golda Meir's, Mirren’s, “ Lawrence, Dawn ”, Hitler, Hafez al, Assad, — Sadat, Golda ”, It’s, Bradley Cooper bafflingly, Leonard Bernstein, White, Helen Mirren’s Organizations: CNN, Israel’s, Twitter Locations: Chicago, , British, Israel, Syria, Egypt, Yom Kippur, Sinai, Yom, Russia, Germany, Soviet Union, Cambodia, Russian, Western
Arm’s changing business model is wildcard for IPO
  + stars: | 2023-08-24 | by ( Karen Kwok | ) www.reuters.com   time to read: +5 min
The other is royalty revenue, which is linked to how many products containing Arm technology that a customer eventually sells. Rather than selling licenses for specific chip designs and hoping the royalty revenue eventually flows, it is offering so-called total access agreements. First, Amazon’s engineers are more likely to experiment with Arm’s intellectual property and therefore use it in the future, eventually boosting royalty revenue. The company’s revenue fell 1% to $2.7 billion in the financial year to March 31. In the most recent quarter, which ended on June 30, Arm’s revenue fell by more than 2% year-on-year to $675 million.
Persons: Dado Ruvic, Rene Haas, Haas, lumpy, Liam Proud, Oliver Taslic Organizations: REUTERS, Reuters, SoftBank, Apple, Samsung Electronics, Nvidia, Microsoft, Infineon Technologies, U.S, Nasdaq, Thomson Locations: British
Arm’s IPO risks shine brighter than its potential
  + stars: | 2023-08-22 | by ( Karen Kwok | ) www.reuters.com   time to read: +4 min
Arm’s revenue is still dominated by its mainstay smartphone business, which contributed to the recent growth slowdown. Nor is Arm’s revenue particularly easy to forecast. In the most recent quarter, which ended on June 30, Arm’s revenue fell by more than 2% year-on-year to $675 million. Arm’s owner, SoftBank Group, was previously planning to sell between $8 billion and $10 billion of shares. SoftBank will have the right to appoint seven out of eight directors to Arm’s board after the IPO, provided its shareholding remains above 70%.
Persons: SoftBank Group's, That’s, Masayoshi Son, hasn’t, SoftBank, Liam Proud, Streisand Neto Organizations: Reuters, Nvidia, Reuters Graphics Reuters, U.S, Nasdaq, SoftBank, Thomson Locations: China, British
17 May 2022, Australia, Sydney: The Sydney skyline with the famous Opera House. Photo: Carola Frentzen/dpa (Photo by Carola Frentzen/picture alliance via Getty Images)Asia-Pacific markets were mixed on Friday as rising bond yields continue to put pressure on equities in the wake of the U.S. credit downgrade. IG market analyst Tony Sycamore noted the yield on the U.S. 30 year bond rose by 14 basis points overnight to 4.30%, taking the yield towards its October 2022 4.42% high. "The move higher in long end yields is being driven by lumpy bond issuance, resilient data and Fitch's downgrade earlier in the week," Sycamore said. South Korea's Kospi bucked the trend and rose 0.26%, while the Kosdaq was up 0.19%.
Persons: Carola Frentzen, Tony Sycamore, lumpy, Sycamore Organizations: Opera, Getty Images, Reserve Bank, Nikkei Locations: Australia, Sydney, Asia, Pacific
SYDNEY, July 31 (Reuters) - Indonesia has paused live cattle imports from four Australian facilities after lumpy skin disease (LSD) was detected in a small number of cattle some time after arrival, the Australian government said. Australia is free of LSD and cattle exports to Indonesia continues from other facilities, Watt said. Given the presence of LSD in Indonesia, positive results in cattle after reaching Indonesia were not unexpected, Australia's Chief Veterinary Officer Mark Schipp said. Indonesia is the largest market for Australian live cattle exports, accounting for about 56% in 2021–22, data showed, worth about A$900 million ($600 million). ($1 = 1.5020 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
Persons: Murray Watt, Watt, Mark Schipp, Renju Jose, Christopher Cushing Organizations: SYDNEY, Australia, Thomson Locations: Indonesia, Australia, Sydney
CNN —There is a “gravity hole” in the Indian Ocean — a spot where Earth’s gravitational pull is weaker, its mass is lower than normal, and the sea level dips by over 328 feet (100 meters). The “gravity hole” in the Indian Ocean — officially called the Indian Ocean geoid low — is the lowest point in that geoid and its biggest gravitational anomaly, forming a circular depression that starts just off India’s southern tip and covers about 1.2 million square miles (3 million square kilometers). In six of the scenarios, a geoid low similar to the one in the Indian Ocean formed. The future of the geoid lowThe geoid low formed around 20 million years ago, according to the team’s calculation. Past research only simulated the descent of cold material across the mantle, rather than including hot rising mantle plumes as well.
Persons: , Attreyee Ghosh, Ghosh, Felix Andries Vening Meinesz, hasn’t, ” Ghosh, ” Huw Davies, ” Davies, Alessandro Forte, Forte Organizations: CNN, Indian Institute of Science, Research, Earth Sciences, of Earth, Environmental Sciences, Cardiff University, University of Florida Locations: Bengaluru, India, Dutch, Asia, Gainesville, Réunion, Africa, Eurasia
After holistic health coach Lainie Kates tasted her latest ice cream recipe for the first time, she turned to her husband and said, “This is gonna go viral.” The concoction looked and tasted close enough to ice cream to satisfy a sweet tooth, but was higher in protein and lower in carbs than traditional ice cream.
Persons: Lainie Kates
The result was DashCon, an attempt to bring together Tumblr users from different interests and fandoms for a single event. For all its (somewhat hilarious) failures, DashCon immediately became a core parable of our social media lore. Like so many other Tumblr users, O’Neil was just a nerdy teenager with cool interests looking for other people like her. A view of the iconic DashCon ball pit at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Illinois. She said people still send her cosplays of the infamous ball pit, almost 10 years later.
Persons: they’ll, DashCon, Lochlan O’Neil, O’Neil, , ” O’Neil, , , Harry Potter, cosplayers, O'Neil, Lochlan O'Neil, Sherlock ”, hadn’t, Lochlan O'Neil “, , It’s Organizations: CNN, Facebook, Twitter, Marvel, YouTube, Renaissance, Center, Taco Bell Locations: Indiana, Renaissance Schaumburg, Schaumburg , Illinois, Taco, Schaumberg , Illinois
Private equity risks gorging on its secret sauce
  + stars: | 2023-06-14 | by ( Liam Proud | ) www.reuters.com   time to read: +7 min
Investors prefer pedestrian but steady management fees over the lumpy share of fund profit that is the industry’s special sauce. Private equity firms with a public listing funnel some of the carry to employees and some to shareholders. TPG (TPG.O) last year went public with a similar strategy of paying around two-thirds of performance-related revenue to employees. Assuming the general idea is to keep overall earnings steady, then higher fee-based income for shareholders must be matched by lower cash compensation for employees. It suggests that for KKR, TPG and the rest, there is a limit to just how much of their own secret sauce employees can eat.
Persons: Steve Schwarzman, Carlyle, Blackstone’s, Schwarzman, Henry Kravis, George Roberts, EQT, Blackstone, Harvey Schwartz, Rowe Price, Thoma Bravo, Jeffrey Goldfarb, Sharon Lam, Oliver Taslic Organizations: Reuters, Blackstone, KKR, Apollo Global Management, JPMorgan, Reuters Graphics, TPG, Apollo, Reuters Graphics Reuters, Alpha, Bain Capital, Thoma, Ares Management, Thomson Locations: BlackRock
Nasdaq futureproofs itself, but at 2021 prices
  + stars: | 2023-06-12 | by ( John Foley | ) www.reuters.com   time to read: +3 min
NEW YORK, June 12 (Reuters Breakingviews) - Nasdaq (NDAQ.O) is catapulting itself into the future - but paying yesterday’s high prices to get there. She pursued this one with gusto, though: Adenza wasn’t for sale when Nasdaq started wooing Thoma Bravo, say people familiar with the situation. Little wonder Nasdaq shares plunged over 10% on Monday. The U.S.-based exchange operator would pay just under $5.8 billion in cash and the rest in new Nasdaq shares, leaving Thoma Bravo with a 14.9% stake. Nasdaq shares had fallen 9.4% by 10.00am EST on June 12.
Persons: Thoma, Adena, Friedman, Bob Greifeld, Adenza, Thoma Bravo, Jonathan Guilford, Sharon Lam Organizations: YORK, Reuters, Nasdaq, Thoma Bravo, Calypso Technology, Thomson Locations: U.S
Here are the meanings of the least-found words that were used in (mostly) recent Times articles. Because the pull of gravity varies everywhere, this model, called the geoid, resembles a lumpy potato. — A Side-Effect of China’s Strict Virus Policy: Abandoned Fruit (Feb. 5, 2022)5. boogaloo — a genre of Latin music and dance popular in the 1960s:Afro-Cuban jazz was pioneered in the 1940s by Mario Bauza in Harlem. — A Vegetable Soup That Delicately Balances Sweet and Sour (Feb. 17, 2023)8. vivace — musical direction to play in a brisk manner:In her Op. — 36 Hours in Oslo (Jan. 26, 2023)And the list of the week’s easiest words:
Persons: geoid, finitude, infinitude, Richard Powers’s, Hope, longan, Worakanya, boogaloo, Mario Bauza, , deadeye, Diego State’s, Scholl, galangal, vivace, Mitsuko Uchida, tacet, Marina Abramovic, Igor Levit’s, ‘ Goldberg Organizations: New, Diego, Huskies, Aztecs, pla Locations: U.S, Thailand, Vietnam, China, Cuban, Harlem, South Bronx, New York, saunas, Oslo
India is facing an increase in milk prices, and it's not expected to ease up until November. Matthew Lloyd | Bloomberg | Getty ImagesIndia, the world's dairy powerhouse, is facing an increase in milk prices, and it's not expected to ease up until November. India, the world's leading producer of milk, accounts for 22% of global milk production and followed by the U.S. China, Pakistan and Brazil. Higher feed costsHigher cattle feed prices that coincide with the peak demand season are feeding into the spike in milk prices. India is facing an increase in milk prices, and it's not expected to ease up until November.
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