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Once China’s most prolific property developer, China Evergrande has narrowly averted liquidation. A Hong Kong bankruptcy judge on Monday gave Evergrande another two months to work out a deal with foreign investors who lost money when the company defaulted two years ago with hundreds of billions of dollars in debt. It was an unexpected development in a bankruptcy lawsuit filed 18 months ago by one investor trying to get paid by forcing the dismantling of Evergrande. It was one of the country’s most successful companies and at the heart of the real estate industry, which drove one third of the nation’s economic growth. But years of overexpansion left it financially precarious, and when it defaulted, it had more than $300 billion of overdue bills.

Persons: China Evergrande, Evergrande, Jan, Linda Chan, ”, Neil McDonald, Kirkland, “, overexpansion Organizations: Hong, Ellis Locations: China, Hong Kong

MANILA, Dec 3 (Reuters) - The Philippines lifted a tsunami alert early on Sunday as waves receded from a magnitude 7.4 earthquake that struck the south of the country, triggering coastal evacuations and some waves in there and in Japan. More than 500 aftershocks were recorded, and the Philippines' Institute of Volcanology and Seismology (Phivolcs) urged caution as people resumed normal activities. "The tsunami threat associated with this earthquake has now largely passed the Philippines," Phivolcs said in a statement but advised people in threatened communities to heed the instructions from local authorities. [1/4]People gather at an evacuation center, in the aftermath of an earthquake, in Hinatuan, Surigao del Sur, Philippines December 2, 2023. Japan's Hachijojima island, some 290 km (180 miles) south of Tokyo, recorded waves of 40 cm (1.3 feet), the Japan Meteorological Agency said.

Persons: Phivolcs, Bicap, Hinatuan, Philvolcs, James Soria, Cosme Calejesan, Karen Lema, Neil Jerome Morales, William Mallard Organizations: Institute of, Philippine Coast Guard, Reuters, REUTERS Acquire, Centre . Earthquakes, Japan Meteorological Agency, U.S ., Thomson Locations: MANILA, Philippines, Japan, Mindanao, Surigao Del Sur, Davao Oriental, Bislig, Hinatuan, Surigao del Sur, Handout, Centre, Hinatuan province, Tokyo, U.S, Surigao City, Manila

☆ A wave of tenured professors leaving their highly coveted positions say the DeSantis administration is the reason they're leaving Florida
▼ + stars: | 2023-12-03 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

But the political climate has led some tenured university professors to leave the state, per The Times. But for a swath of liberal-leaning professors, many of them holding highly coveted tenured positions, they've felt increasingly out of place in the Sunshine State. University of Florida law professor Danaya C. Wright told The Times that several job candidates have pulled back their interest in moving to the state. "We have seen more people pull their applications, or just say, 'no, I'm not interested — it's Florida,'" she told the newspaper. AdvertisementChristopher Rufo, a conservative activist tapped by DeSantis to become a trustee of New College of Florida, hailed the faculty departures.

Persons: Ron DeSantis, —, they've, DeSantis, Neil H, Buchanan, Sarah Lynne, Lynne, Danaya, Wright, I'm, Christopher Rufo Organizations: Florida Gov, Times, Service, Sunshine State, Republican Gov, The New York Times, University of Florida College of Law, Florida Republicans, UF, Democratic, University of, University of Florida, The Times . University of Florida, New College of Florida, Florida Locations: Florida, Toronto

☆ While Black Friday and Cyber Monday did good, Giving Tuesday lagged
▼ + stars: | 2023-12-03 | by ( Sergio Padilla | ) edition.cnn.com time to read: +4 min

New York CNN —Americans seemed more willing to spend money on Black Friday and Cyber Monday, but less willing to donate money on Giving Tuesday. Giving Tuesday’s decline in participation is not an isolated incident, but rather, as its organization acknowledges, part of larger trends philanthropic organizations are experiencing. According to a report by Giving USA from this past June, Americans are giving the lowest percentage of their disposable income since 1995. Americans gave just 1.7% of their disposable income in 2022, with charitable giving declining from 2021 by 3.4% to $499.3 billion, which represents an even larger decline of 10.5% when adjusted for inflation. “I think the numbers are very interesting in terms of Black Friday and Cyber Monday but they don’t tell you the whole picture,” said Neil Saunders, managing director of GlobalData Retail.

Persons: “, ”, Asha Curran, Ebenezer Scrooge, Neil Saunders, ” Saunders, CNN’s Nathaniel Meyersohn, Elisabeth Buchwald Organizations: New, New York CNN, Black, CNN, GivingTuesday, United Nations Foundation, National Retail Federation, Adobe, Federal, GlobalData, Adobe Analytics, Charities Aid Locations: New York, New York City

☆ Broadway Babies, Singing Show Tunes for Seniors
▼ + stars: | 2023-12-03 | by ( Sarah Bahr | More About Sarah Bahr | ) www.nytimes.com time to read: 1 min

“Oh, baby, give me one more chance,” sang Corey J, a former Little Michael in the Broadway musical “MJ.” Dressed in a black rimmed hat and a black turtleneck, jacket and pants, he slipped through the explosion of joy that is the chord progression of the Jackson 5 song “I Want You Back.”He had performed the song hundreds of times in the Broadway show, a biographical Michael Jackson jukebox musical, at the Neil Simon Theater. But on this particular afternoon, he was on a much smaller stage: an Upper East Side senior center, where about 50 residents seated in floral chairs clapped along to the beat.

Persons: ”, Corey J, Little Michael, Jackson, Michael Jackson, Neil Simon Organizations: Broadway, East

☆ Three dead in blast during Mass in Philippine university gym - police
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +2 min

[1/4] Lanao Del Sur Governor Mamintal Adiong Jr. stands among law enforcement officers as they investigate the scene of an explosion that occurred during a Catholic Mass in a gymnasium at Mindanao State University in Marawi, Philippines, December 3, 2023. Lanao Del Sur Provincial Government/Handout via... Acquire Licensing Rights Read moreMANILA, Dec 3 (Reuters) - Three people were killed and nine wounded when an explosion ripped through a Catholic Mass in a university gymnasium in the southern Philippines on Sunday, police said. The authorities are investigating the explosion at Mindanao State University, the regional police director, Brigadier General Allan Nobleza, told reporters, adding that one angle being pursued was possible revenge by pro-Islamic State militants. "I condemn the violent bombing incident that transpired this morning," Lanao del Sur Governor Mamintal Adiong Jr said in a statement. Mindanao State University is "deeply saddened and appalled by the act of violence that occurred during a religious gathering," it said in a statement on Facebook.

Persons: Mamintal Adiong, General Allan Nobleza, Mamintal Adiong Jr, Neil Jerome Morales, Karen Lema, William Mallard Organizations: Mindanao State University, Sunday, Islamic, Facebook, Thomson Locations: Lanao Del Sur, Marawi, Philippines, Lanao Del Sur Provincial Government, MANILA, Philippine, Maguindanao del Sur province, Lanao del Sur, Mindanao

WASHINGTON (AP) — The newest group of Kennedy Center honorees, including comedian Billy Crystal and actor Queen Latifah, are being feted Sunday night at a star-studded event commemorating their lifetime achievement in arts and entertainment. Opera singer Renée Fleming, music star Barry Gibb and prolific hitmaker Dionne Warwick also are being honored at the black-tie gala. Bill Cosby received both honors, but they were rescinded in 2018 following his sexual assault conviction, which later was overturned. Along with his late brothers Robin and Maurice, the trio launched a nearly unmatched string of hits that defined a generation of music. Fleming sang the national anthem while Latifah performed “America the Beautiful.”

Persons: Billy Crystal, Queen Latifah, Renée Fleming, Barry Gibb, Dionne Warwick, Kennedy, Deborah F, Rutter, “, Jodie Dallas, ”, Harry Met Sally, Bride ”, Crystal, Mark Twain, David Letterman, Steve Martin, Lorne Michaels, Lily Tomlin, Carol Burnett, Neil Simon, Bill Cosby, Burt Bacharach, Hal David, Bacharach, ” Fleming, Barack Obama, England’s Royal Academy of Music . Gibb, Robin, Maurice, Latifah, Dana Owens, Fleming Organizations: WASHINGTON, Kennedy Center, of, England’s Royal Academy of Music, Bee Locations: “, Warwick, Chicago, America

☆ In Florida’s Hot Political Climate, Some Faculty Have Had Enough
▼ + stars: | 2023-12-03 | by ( Stephanie Saul | More About Stephanie Saul | ) www.nytimes.com time to read: +1 min

Ron DeSantis had just taken office in 2019 when the University of Florida lured Neil H. Buchanan, a prominent economist and tax law scholar, from George Washington University. Now, just four years after he started at the university, Dr. Buchanan has given up his tenured job and headed north to teach in Toronto. In a recent column on a legal commentary website, he accused Florida of “open hostility to professors and to higher education more generally.”He is not the only liberal-leaning professor to leave one of Florida’s highly regarded public universities. The Times interviewed a dozen academics — in fields ranging from law to psychology to agronomy — who have left Florida public universities or given their notice, many headed to blue states. While emphasizing that hundreds of top academics remain in Florida, a state known for its solid and affordable public university system, they raised concerns that the governor’s policies have become increasingly untenable for scholars and students.

Persons: Ron DeSantis, Neil H, Buchanan, DeSantis, — Organizations: University of Florida, George Washington University, Times Locations: Toronto, Florida

☆ Exhausted air traffic controllers are making more mistakes on the job amid a stretched workforce doing 10-hour workdays and 6-day workweeks, report says
▼ + stars: | 2023-12-03 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

The shortage in US air traffic controllers is not new, but it has reached a critical juncture. AdvertisementFor years, air traffic controllers have seen their ranks diminish, to the point where 10-hour days and six-day workweeks have become increasingly common among this group tasked with preserving safety in America's skies. However, the nationwide shortage of air traffic controllers is not a new phenomenon. In August 1981, then-President Ronald Reagan fired 11,000 striking air traffic controllers, in what was a pivotal moment for the labor movement in the US. "The nation absolutely needs more air traffic controllers, and growing the work force will result in better working conditions and more flexibility," she added.

Persons: they're, —, Ronald Reagan, Reagan, Bill Clinton, Neil Burke, John F, Burke, Jeannie Shiffer Organizations: Times, Service, The New York Times, Federal Aviation Administration, FAA, The Times, Kennedy International Airport, LaGuardia Airport, Newark Liberty International Airport Locations: United States, New York

☆ After 3 years of pain, America has finally achieved economic nirvana
▼ + stars: | 2023-12-03 | by ( Neil Dutta | ) www.businessinsider.com time to read: +11 min

The October jobs report — with the economy adding just 150,000 jobs and the unemployment rate ticking up to 3.9% — was a disappointment. Of particular notice, the unemployment rate has increased by half a percentage point over the past six months. A simple way to show that things are still in balance is to look at Okun's law, a relationship between movements in the unemployment rate and economic activity. The historical record shows that once it rises half a percentage point, the unemployment rate tends to rise even more. The unemployment rate is already above the Fed's year-end forecast of 3.8% — the first time that's happened since March 2022.

Persons: Jerome Powell, it's, It's, we're, What's, what's, Neil Dutta Organizations: Federal Reserve, Fed, Macro Locations: joblessness, nonfarm payrolls

☆ Three Dead in Blast During Mass in Philippine University Gym - Police
▼ + stars: | 2023-12-02 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +1 min

MANILA (Reuters) -Three people were killed and nine wounded when an explosion ripped through a Catholic Mass in a university gymnasium in the southern Philippines on Sunday, police said. The authorities are investigating the explosion at Mindanao State University, the regional police director, Brigadier General Allan Nobleza, told reporters, adding that one angle being pursued was possible revenge by pro-Islamic State militants. The blast occurred Marawi, a city besieged by Islamist militants in for five months in 2017. "I condemn the violent bombing incident that transpired this morning," Lanao del Sur Governor Mamintal Adiong Jr said in a statement. Mindanao State University is "deeply saddened and appalled by the act of violence that occurred during a religious gathering," it said in a statement on Facebook.

Persons: General Allan Nobleza, Mamintal Adiong Jr, Neil Jerome Morales, Karen Lema, William Mallard Organizations: Sunday, Mindanao State University, Islamic, Facebook Locations: MANILA, Philippines, Philippine, Maguindanao del Sur province, Lanao del Sur, Mindanao

☆ Cape Town’s ‘urban’ baboons: How to live with our primate cousins
▼ + stars: | 2023-12-02 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

CNN —More than half of the world’s population live in urban areas where nature can feel like a distant concern. Thriving ecosystems do, however, exist within our cities — even beneath our feet — and embracing urban nature can be a powerful force for change. Cape Town’s baboons can often be found rummaging through garbage cans and around backyards, putting them at greater risk of conflict with humans. Easy access to food from Cape Town’s trash means baboons spend less time and energy foraging, and more on socializing with potential mates and the rest of their group. The city has begun taking proactive measures to keep them away from Cape Town’s outskirts and in their natural hillside habitat.

Persons: CNN —, Corey Arnold, denning, Lawrence Hylton, Neil Zeller, Gizem, Harvard University’s, Mary Cleave, Ashley Strickland, Katie Hunt Organizations: CNN, Southern, DreamWorks, Gizem Gumuskaya Tufts University Scientists, Tufts University, Harvard, Harvard University’s Wyss, NASA, Challenger, Tasmanian, CNN Space, Science Locations: West London, city’s, Cape Town , South Africa, backyards, Cape Town’s, California, Hong, New Territories, Shing Mun, Canadian, Guatemala

☆ Toyota Prius Prime: As Good as a Hybrid Gets
▼ + stars: | 2023-12-01 | by ( Dan Neil | ) www.wsj.com time to read: +1 min

PLUG ‘N’ PLAY The 2024 Toyota Prius Prime is the plugin-hybrid variant of the familiar fuel-sipper, with two motor-generators and a 13.6-kWh battery pack supporting a 2.0-liter Atkinson cycle engine, providing a maximum system net of 220 hp. Photo: ToyotaDURING THE WEEK that I had the 2024 Toyota Prius Prime—the plug-in version of Toyota’s perennial fuel sipper—I was feeling oh so transcendent. To alert pedestrians to the approach of this often-silent hatchback, the Prius Prime generates an eerily human-sounding electronic tone, like a choir-loft of castrati, growing louder then fading away as the car picks up speed. Having lived to a biblical age, I’ve seen some crazy things. I’ve seen the Prius—whose owners were once mocked and scorned as virtue-signaling eco-weenies—become a counterargument for fossil fuel’s defenders opposing vehicle electrification.

Persons: I’ve, —, Atkinson Organizations: Toyota Prius Prime, Toyota, Prius, Prius Prime

☆ Target is taking booze-less spirits mainstream
▼ + stars: | 2023-12-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —With sales of non-alcoholic beverages recently becoming a nearly half-billion dollar industry, even Target is becoming sober curious. Drinks in the lineup include two celebrity-backed companies: Kin Euphorics, a trendy brand co-founded by model Bella Hadid, and Katy Perry’s De Soi, which makes non-alcoholic apéritifs. Other brands include NOPE and Ghia, both of which produce non-alcoholic canned cocktails, and alcohol-free wine company Surely. “Séchey is a great curator of non-alcoholic brands and will help Target to really elevate its offer,” Neil Saunders, retail analyst and managing director at GlobalData Retail, told CNN. That has created a boom in sales for non-alcohol spirits, wine and beer, which surpassed $500 million this year according to research firm NIQ.

Persons: Sèchey, Kin, Bella Hadid, Katy Perry’s, apéritifs, Kendra Scott, “, ” Neil Saunders, it’s, Molson Coors, Roxie, Molson Coors Beverage Company Roxie, Jamie Rotnicki, Katy Perry, Morgan McLachlan, ” Perry, Perry, she’s, De Soi, Soi Organizations: New, New York CNN, Ghia, GlobalData, CNN, Molson, Molson Coors Beverage Company, Molson Coors, Whole Foods Locations: New York, ”

☆ ASML’s new CEO has tricky path to a 1,000% return
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

On Thursday the Dutch group said Chief Executive Peter Wennink is retiring after a decade at the helm. The Veldhoven-based group dominates the market for lithography equipment, a key tool for making microchips used to power everything from smartphones to cars. Demand for its kit has seen ASML’s revenue quadruple and its shares deliver a 1,000% total return since Wennink took over in July 2013. But ASML’s current market power makes it harder for his successor to do deals without inviting antitrust scrutiny. The next 1,000% return is likely to take longer than 10 years.

Persons: Peter Wennink, Christophe Fouquet, ASML, microchips, Wennink, Fouquet, Karen Kwok, Julius Baer’s, Neil Unmack, Oliver Taslic Organizations: Reuters, X, Barclays, Thomson Locations: U.S, China

☆ Wealth Assistants claimed it would help its clients make money on Amazon. Clients said they 'lost everything' instead.
▼ + stars: | 2023-11-30 | by ( Madeline Stone | Jack Newsham | ) www.businessinsider.com time to read: +17 min

Wealth Assistants also said that if clients didn't break even in the first year, they would get their money back. BI spoke with 16 people who invested between $35,000 and $100,000 each to work with Wealth Assistants and said they lost their money. Ten days later, Wealth Assistants said it laid off its roughly 75 employees and planned to shut down by December 1. Selling customers on the entrepreneur lifestyleMany Wealth Assistants clients said they were drawn by the opportunity to generate passive income. Cart.com sent Wealth Assistants a formal notice of termination in the fall after Wealth Assistants stopped paying its invoices earlier in the year, the representative said.

Persons: Mike Wimmer, Wimmer, they're, I'm, Ryan Carroll, Max K, Max O, —, Carroll, Carroll didn't, we're, Tina Luk, breakeven, Seth Hamilton, Andrew Pou, Suzy Arriola, Saheb Sabharwal, Cart.com, Moe O'Neil, weren't, Max, you've, it's, they've, We've, we've, Madeline Stone, Jack Newsham Organizations: Business, ., Federal Trade Commission, Amazon, Products, Nobu Dallas, Lamborghini, Facebook, Wealth, BI, FTC, DK Automation Locations: China, Texas, Nobu, California, Houston, Pennsylvania, mstone@insider.com

☆ Private-asset binge exposes insurance to new risks
▼ + stars: | 2023-11-30 | by ( John Foley | ) www.reuters.com time to read: +7 min

The concept is not new: Warren Buffett’s Berkshire Hathaway (BRKa.N) has used its insurance premiums to help fund everything from railways to cowboy-boot makers. The prospect of insurance companies buying risky loans or private equity investments has raised eyebrows. Many private credit assets, for example, rely on so-called private letter ratings based on confidential data. Given the private nature of private credit, it’s hard to see from the outside how big these risks are, or where they lurk. Besides, even if the share of life insurance assets that are mis-rated or undercapitalized is tiny, smaller insurers could carry more concentrated risk.

Persons: Blackstone, Warren Buffett’s Berkshire Hathaway, Fitch, Kroll, Egan, Jones, DBRS Morningstar, Banks, SVB, Jonathan Guilford, Neil Unmack, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Apollo Global Management, KKR, Global Atlantic, Investments, National Association of Insurance, England’s Everton FC, Rivals, Reuters Graphics Reuters, Federal Reserve, Federal Deposit Insurance Corp, Athene, P Global, Insurance, SVB, Thomson Locations: Global, Delaware , New York, Iowa, New York, London

☆ Russia Moves to Label Gay Rights Movement as ‘Extremist’
▼ + stars: | 2023-11-30 | by ( Neil Macfarquhar | More About Neil Macfarquhar | ) www.nytimes.com time to read: +1 min

In recent years, L.G.B.T.Q. people in Russia have lived under increasing fear as the Kremlin has ratcheted up measures curtailing gay and transgender rights in tandem with the repressive search for “internal enemies” during the war in Ukraine. In the latest threat, the Ministry of Justice will seek a court order on Thursday to declare the international gay rights movement an “extremist organization.”Gay rights activists and other experts say that a ruling in favor would put gay people and their organizations under the threat of being criminally prosecuted at any time for something as simple as displaying the rainbow flag or for endorsing the statement “Gay rights are human rights.”That prospect has heightened angst and alarm in the country’s already beleaguered gay communities. “It is not the first time we are being targeted, but at the same time, it is another blow,” said Alexander Kondakov, a Russian sociologist at University College Dublin, who studies the intersection of law and security for the L.G.B.T.Q. “You are already marked as foreign, as bad, as a source of propaganda, and now you are labeled an extremist — and the next step is terrorist.”

Persons: ”, Alexander Kondakov Organizations: Ministry, Justice, ” Gay, University College Dublin Locations: Russia, Ukraine, Russian

☆ US and India’s strengthening bond is weak on trust
▼ + stars: | 2023-11-30 | by ( Una Galani | ) www.reuters.com time to read: +4 min

REUTERS/Kevin Lamarque Acquire Licensing RightsMUMBAI, Nov 30 (Reuters Breakingviews) - Trust between the United States and India is eroding. It says it will investigate security concerns aired by the United States. Trying that on the United States would be more consequential: Apple (AAPL.O) and Tesla (TSLA.O) are looking to build supply chains in the country, and the U.S. is the largest market for India’s people-heavy IT services companies. The United States and India may draw a quick line under the murder-for-hire episode, but it will sow a lasting seed of doubt in the relationship. Prosecutors did not name the Indian official.

Persons: Kevin Lamarque, soberly, ”, Justin Trudeau, Joe Biden, Narendra Modi, Saudi Arabia’s Crown Prince Mohammed bin Salman, Jamal Khashoggi, Nikhil Gupta, “, Arindam Bagchi, Neil Unmack, Oliver Taslic Organizations: White, REUTERS, Rights, Reuters, U.S . Department of Justice, U.S, Companies, Micron, General Electric Aerospace, Ottawa, Global, Saudi Arabia’s Crown, Indian, U.S . Justice, New, New York City, Prosecutors, “ Security Management, Thomson Locations: India, Washington , U.S, Rights MUMBAI, United States, Delhi, American, China, Asia, Canada, U.S, Vietnam, Saudi, Istanbul, Manhattan, New York

NEW YORK (AP) — Frances Sternhagen, the veteran character actor who won two Tony Awards and became a familiar maternal face to TV viewers later in life in such shows as “Cheers,” “ER,” “Sex and the City” and “The Closer,” has died. Sternhagen died peacefully of natural causes in her home in Washington, D.C., her son, John Carlin, said in a statement posted to Instagram. She was nominated for Tonys four other times, for starring or featured roles in "The Sign in Sidney Brustein's Window," "Equus," "Angel" and "Morning's at Seven." In 2013, she played Edie Falco’s mother in the off-Broadway play “The Madrid.”“I have been very fortunate,” Sternhagen told the Daily Breeze of Torrance, California, in 2002. “And I think a lot of that is because I’m considered a character actor — which really means you can do a variety of things.

Persons: — Frances Sternhagen, Tony, ” “, ”, Sternhagen, John Carlin, ” Carlin, ” Sternhagen, Neil Simon's, Edie Falco’s, I’m, —, you’re Organizations: City, Washington , D.C, Broadway, Daily Locations: Washington ,, “, Brustein's, Madrid, Torrance , California

☆ Frances Sternhagen, Actress Who Thrived in Mature Roles, Dies at 93
▼ + stars: | 2023-11-29 | by ( Anita Gates | ) www.nytimes.com time to read: +1 min

Frances Sternhagen, the Tony Award-winning actress who played leading roles in stage productions of “Driving Miss Daisy” and “On Golden Pond” as formidable older women when she was so young that she had to wear aging makeup, died on Monday at her home in New Rochelle, N.Y. She was 93. Ms. Sternhagen won Tonys as featured actress in a play for her performances in two very different productions. In a 1995 Broadway revival of “The Heiress,” based on Henry James’s novel “Washington Square,” she was Cherry Jones’s well-meaning, matchmaking Aunt Lavinia. In “The Good Doctor,” Neil Simon’s 1973 take on Chekhov, she played multiple roles in comedy sketches. She received Tony nominations for her roles in the original productions of “On Golden Pond,” “Equus” and the musical “Angel” and in revivals of “Morning’s at Seven” and “The Sign in Sidney Brustein’s Window.”

Persons: Frances Sternhagen, Daisy ”, Tony Carlin, Sternhagen, “, ”, Henry James’s, Cherry Jones’s, ” Neil Simon’s, Chekhov, Alfred Uhry’s “, Ernest Thompson’s “, Tony, “ Morning’s Locations: New Rochelle, N.Y, ”, Brustein’s

☆ How Jewish People Built the American Theater
▼ + stars: | 2023-11-29 | by ( Jesse Green | ) www.nytimes.com time to read: +46 min

Let Us Tell You A Story How Jewish people built the American theater as we know it. The theater, which for many Jews was a major way of becoming American in the first place, seems unable to acknowledge that the danger that American Jews face is not just historical, and not just onstage. (Both of Adler’s parents were Yiddish theater stars — her father, Jacob Adler, was a renowned Shylock in 1903.) Embedding their own observation and experience within Stanislavsky’s, along with the best of Yiddish theater and a generous dollop of Freud, they converted the American theater to Judaism. Sara Krulwich/The New York TimesThe Jewish contribution to the creation of the American theater was built on the acknowledgment of a larger humanity alive within each of us, available to some, with natural empathy and rigorous training.

Persons: Glocca, “, Lerner, Loewe, ”, Isidore Hochberg, Burton Lane, né Burton Levy, William Goldman, “ Killybegs, Sammy Davis Jr, Julie Andrews, Connie Francis, Rosemary Clooney, Tommy Dorsey, Davis, —, Arthur Miller’s “, joyously, Jason Schmidt, Christine Jones, Miller, I’ve, Marilyn Monroe, Robert Brustein, Neil Simon’s, ” Cynthia Ozick, Sholom, Philip Roth, Simon, Leonard Bernstein, Matt Nadel, Bradley, Bernstein, “ Maestro, Shylock, William Shakespeare’s “, Venice ”, Shakespeare, Christopher Marlowe’s, Farah Karim, Cooper, Bard ”, “ Merchant, Tom Stoppard’s, Sara Krulwich, Ansky’s, Stella Adler, Bessie Berger, Clifford Odets’s, Arthur Miller, Elia Kazan, Francis Joseph Bruguière, Billy Rose, Eugene Smith, Roth, Arthur Schnitzler, Juliet Stevenson, Ruth Wolff, Lorraine Hansberry’s, Sidney’s, Alex Edelman’s “, Leo Frank, Bernard B, Frank, Mandy Patinkin, James Lapine, Stephen Sondheim’s, George, Martha Swope, outspokenness, creatives, Oscar Isaac, Sidney, “ Sidney Brustein, Isaac, Stevenson, Robert Icke, Roman Catholic Cooper, Rachel Brosnahan, Maisel, Joan Rivers —, Brosnahan, Sidney Brustein’s, Alec Guinness, Fagin, “ Oliver Twist, I’m, Micaela Diamond, Ben Platt, Lucille, Alfred Uhry, Jason Robert Brown’s, Rivers, Wolff, Robert, Republic ”, isn’t, LEE Strasberg, Konstantin Stanislavsky’s, Fyodor Ivanovich, Strasberg, Israel Strassberg, Zalmon, Srulke, Joseph Stein, Sheldon Harnick, Jerry Bock’s “, Bette Midler, Jackie Hoffman, Photofest Stanislavsky, Theater’s, Isaac Butler, Stanislavsky, Harold Clurman, George Bernard Shaw, Henrik Ibsen, Clurman, Adler, Jacob Adler, Freud, Rebecca Naomi Jones, Ruthie Rivkin, Jerome Weidman, Harold Rome’s “, John Weidman, disown Strasberg, Sanford Meisner, Bobby Lewis, né, Marlon Brando, James Dean, Meisner, Robert Duvall, Lewis, Meryl Streep, Clifford Odets, Jacob Garfinkle, Jules Garfield, Odets, Sam Feinschreiber, Garfield, Ralph Berger, wasn’t, John, Tovah Feldshuh, Golda Meir, William Gibson’s, Aaron Epstein, exigencies, Bessie, Feinschreiber —, loveless, William Fox, Louis B, Mayer, Jack Warner, Marjorie Morningstar ”, Morgenstern, Marjorie, Natalie Wood, Anne Frank ”, Millie Perkins, Audrey Hepburn, Susan Strasberg —, Ibsen, Sholom Aleichem, August Wilson, Daveed Diggs, Thomas Jefferson, Lin, Manuel Miranda’s “ Hamilton ”, Adrian Lester, Emanuel Lehman —, Barbra Streisand, Marmelstein, George Silk, Miller’s, Sophie Okonedo, Elizabeth Proctor, Ben Whishaw, John Proctor, Jan Versweyveld, Don’t, — Bernstein, Stoppard, Schnitzler, Jeanine Tesori, Tony Kushner’s “ Caroline, Sharon D Clarke, Adam Makké, Noah Gellman, Leo, Stoppard —, Hermine, ” Leo Frank, there’s, Matthew Broderick, Eugene Jerome, it’s, Edelman’s, Queens bigots, David Yosef Shimon ben Elazar Reuven Alexander Halevi Edelman, Woody Allen, Joshua Harmon’s, — George Gershwin, Jerome Kern, Richard Rodgers, Porgy, Bess ”, Barns, Alex Edelman, Paula Vogel, Harvey Fierstein, Jordan Taylor Fuller, — that’s, Wendell Pierce, Friedman, Jacobs, Hirschfeld, Gershwin, Rodgers, PAULA VOGEL, BRANDON URANOWITZ, DAVID CROMER, MICAELA DIAMOND, TONY KUSHNER, Diamond, Monica Rich Kosann, Marco Bicego, JESSE EISENBERG, MATTHEW BRODERICK, AMY HERZOG, LESLIE RODRIGUEZ KRITZER, JOEL GREY, Herzog, Michael Kors, Kritzer, Marco, HARVEY FIERSTEIN, LIEV SCHREIBER, ETHAN SLATER, IDINA MENZEL, TINA LANDAU Organizations: Broadway, Broadway’s Lyceum, “, of Venice, New York Times, Defamation League, New York Public Library, Performing, Vandamm, Billy, Billy Rose Theatre Division, Performing Arts, New, Jacobs, Empire State, Nazi, Goyim Defense, The New York Public Library, Roman Catholic, New York City, Street, Moscow Art, Group, Hollywood, Disney, Everett, The New York Times, Philadelphia, Brit, Times Locations: Poland, American, kilts, E.Y, Harburg, Kilkerry, Kildare, Philadelphia, New York, Polish, Massachusetts, Vichy, Biloxi, Venice, Malta, of, ”, Germany, playgoers, Sweden, England, United States, Pittsburgh, Nazi, Brustein’s, Greenwich, Georgia, Gutenberg, “, Atlanta, Republic, New, Konstantin Stanislavsky’s Moscow, Russian, America, Moscow, Stanislavsky’s, Clurman, Eastern Europe, Czech, Austrian, Auschwitz, Heini, Southern, Brighton, Rivers, French Republic, “ Brigadoon

Bernstein named Taiwan Semiconductor a "best idea" for 2024, raising its price target on the stock. — Alex Harring 7:01 a.m. In addition to the best-pick honor, analyst Steve Scala has an outperform rating and $86 price target. Analyst Michael Lavery downgraded the stock to neutral from overweight and slashed his price target by $40 to $200. ET: Morgan Stanley hikes PDD price target, calls stock a top pick following earnings Morgan Stanley named Chinese e-commerce name PDD Holdings a top pick following its latest quarterly earnings report.

Persons: Bernstein, Morgan Stanley, LSEG, Bank of America's Tal Liani, Morgan Stanley's Hamza Fodderwala, Alex Harring, Craig Siegenthaler, Blackstone, That's, — Alex Harring, Ken Hoexter, Hoexter, TD Cowen, Steve Scala, Scala, Jefferies, John Colantuoni, bode, Colantuoni, Neil Beveridge, Josh Silverstein, Silverstein, JMP, Baldwin, Mitch Germain, Germain doesn't, Germain, Piper Sandler, Michael Lavery, Lavery, elasticities, HSY's, Hershey, Eddy Wang, Wang, Mark Li, Li, — Fred Imbert Organizations: CNBC, Taiwan Semiconductor, Holdings, Wall, Bank of America, Bank of America's, KKR, Apollo Global Management, Pacific, Transport, AstraZeneca, pharma, Airbnb, Toyota, UBS, Exxon Mobil, Natural Resources, Exxon Mobil's, Hershey, PDD, U.S, LSEG, Commerce, PDD's U.S, Apple, Huawei Locations: Tuesday's, Ivory Coast, Ghana, 4Q23, Taiwan, China

☆ TikTok owner ByteDance is laying off hundreds of workers in a retreat from gaming
▼ + stars: | 2023-11-28 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —ByteDance, the Chinese tech giant behind TikTok, is pulling back from video gaming in a shift that will result in hundreds of job cuts. “Mobile gaming revenue is in decline while user acquisition costs are rising,” he told CNN. She suggested ByteDance was simply looking to cut its losses, particularly since gaming still made up just a tiny sliver of its business. “[Even] if ByteDance exits game development and publishing, it will not dramatically impact their own business,” she added. China is the world’s biggest mobile and PC gaming market, according to Niko Partners.

Persons: Hong Kong CNN — ByteDance, Nuverse, ”, ByteDance, Niko, we’ve, ” “, “, Lisa Hanson, Niko Partners, Neil Barbour, Tencent, ” Hanson, Hanson Organizations: Hong Kong CNN, CNN, Niko Partners, Big Tech, P Global Market Intelligence, “ Mobile Locations: Hong Kong, Beijing, Pico, China

☆ Rolls-Royce's overhaul is deceptively ambitious
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 28 (Reuters Breakingviews) - Rolls-Royce (RR.L) boss Tufan Erginbilgic wants to push Britain's biggest aerospace company to its limit. On the face of it, Erginbilgic's targets are not overly ambitious. Analysts were already forecasting a group operating margin of 11% in 2025 on the back of an air traffic recovery, according to LSEG data, not far below Erginbilgic's goal of 13%-15%. Yet this is the same margin range of Rolls-Royce's rivals Safran (SAF.PA) and General Electric (GE.N) which make engines for short-haul flights. Rolls-Royce's engines are instead used to power so-called widebody aircraft like Airbus's A330neo, used for transatlantic flights.

Persons: Tufan Erginbilgic, Safran, Pamela Barbaglia, Julius Baer’s, Warren Buffett, Neil Unmack, Streisand Neto Organizations: Reuters, Royce, Investors, General Electric, X, Thomson

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