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☆ U.S. publishing executive killed in Italian boating accident
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +1 min

ROME, Aug 5 (Reuters) - An American publishing executive died after being knocked overboard in a boating accident off the Amalfi Coast in southern Italy, the Association of American Publishers (AAP) said. Adrienne Vaughan headed the U.S. division of British publishing group Bloomsbury (BLPU.L), best known for the Harry Potter novels. "Adrienne Vaughan was a leader of dazzling talent and infectious passion and had a deep commitment to authors and readers. Prosecutors in the southern port city of Salerno are investigating how the accident happened. Italian newspaper Corriere della Sera reported the skipper of the motorboat was placed under investigation and initially tested positive for substance use.

Persons: Adrienne Vaughan, Harry Potter, Vaughan, Italy's, Ansa, della Sera, Giuseppe Borrelli, Corriere, Keith Weir, Angelo Amante, Andrew Cawthorne Organizations: Association of American Publishers, Bloomsbury, AAP, Prosecutors, della, Thomson Locations: American, Amalfi, Italy, U.S, Ravello, Salerno

☆ Squatting Russian diplomat leaves contested site after Australian court ruling
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, June 26 (Reuters) - A Russian diplomat squatting on land set aside for a future Russian embassy in Australia has left after a court ruled that Moscow had no claim to the site near the national parliament in Canberra. A Russian diplomat subsequently moved into a temporary building on the site and police were unable to arrest him because he had diplomatic immunity, local media reported. [1/2]A demountable shack is seen on the site of the former Russian embassy site in Canberra, Australia June 26, 2023. AAP Image/Mick Tsikas via REUTERSThe High Court on Monday rejected Moscow's appeal to hold onto the site and shortly afterwards the squatter left the site, SBS News reported. Relations between Moscow and Canberra have deteriorated sharply since Russia's invasion of Ukraine on Feb. 24, 2022.

Persons: Mick Tsikas, Anthony Albanese, Lewis Jackson, Gareth Jones Organizations: SYDNEY, SBS News, Russian Federation, Ukraine, Thomson Locations: Russian, Australia, Moscow, Canberra, Ukraine, Russia

☆ India's opposition parties unite for 2024 national elections, BJP says not worried
▼ + stars: | 2023-06-23 | by ( Yp Rajesh | ) www.reuters.com time to read: +3 min

Their campaign got a shot in the arm in May when Congress trounced BJP in a key state election, exceeding expectations and gaining fresh momentum ahead of more state elections due this year and national elections in April-May 2024. Gandhi said the fight against BJP was an "ideological battle" and opposition parties were united in it. India's opposition parties have formed alliances to challenge governments - led by both Congress and BJP - in the past and win elections but have a mixed record of sticking together and running governments smoothly. BJP leaders said they were not worried as there was little hope for such alliances. "I want to tell leaders of the opposition, join as many hands as you want but opposition unity is not possible.

Persons: Narendra Modi's, Rahul Gandhi, Modi, Nitish Kumar, Kumar, Gandhi, Amit Shah Organizations: Bharatiya Janata Party, BJP, Congress, Aadmi Party, AAP, Modi, ji’s, YP Rajesh, Thomson Locations: DELHI, Patna, Bihar, Punjab, Delhi

☆ Analysts are bailing on this auto parts retailer after a massive earnings miss
▼ + stars: | 2023-06-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Advance Auto Parts ' massive earnings miss has drawn strong analyst concern. Both Goldman Sachs and JPMorgan downgraded Advance Auto Parts to neutral Thursday. Advance Auto Parts reported an adjusted 72 cents per share, far below analysts polled by Refinitiv's expectations of $2.57. AAP YTD mountain Advance Auto Parts stock is down more than 50% in 2023. Bank of America also downgraded Advance Auto Parts to neutral Thursday and slashed its price target to $85 from $178.

Persons: Goldman Sachs, Christopher Horvers, Horvers, Kate McShane, Elizabeth Suzuki, — CNBC's Michael Bloom Organizations: JPMorgan, AAP, Bank of America

☆ Here are Thursday's biggest analyst calls: Target, Tesla, Toast, Chevron, Meta, Toll Brothers and more
▼ + stars: | 2023-06-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan downgrades Okta to neutral from overweight JPMorgan Chase said it sees too many macroeconomic pressures for the company. " JPMorgan downgrades Target to neutral from overweight JPMorgan Chase said in its downgrade of the stock it sees a "weakening" consumer. Bank of America initiates Toast as buy Bank of America said the restaurant tech company is "best in class." JPMorgan upgrades Domino's Pizza to overweight from neutral JPMorgan Chase said in its upgrade of Domino's that it's too cheap to ignore. Bank of America reiterates Dick's as buy Bank of America said it's bullish on the company's new store format.

Persons: Goldman Sachs, Goldman, Johnson, it's, Salesforce, JPMorgan downgrades, JPMorgan Chase, we've, Horton, PulteGroup, TOST, BorgWarner, Morgan Stanley, Tesla, XOM, Cowen, Phillips, Wedbush, Macquarie, Dick's, it's bullish, DKS Organizations: AAP, Barclays, JCI, RBC, Chevron, JPMorgan, JPMorgan downgrades Target, Deutsche Bank, " Bank of America, Bank of America, Restaurant Association, BorgWarner Deutsche Bank, Citi, Meta, ExxonMobil, UBS, CSX, Garden Entertainment, Knicks, Rangers, Networks Locations: Europe, New York

The Labor Department reported that U.S. job openings unexpectedly rose in April, pointing to persistent strength in a labor market that suggests pressure on both wages and inflation. Futures traders raised to 70% the probability of a 25 basis points hike at the Fed's June 13-14 policy meeting. FEDWATCHFed Governor and vice chair nominee Philip Jefferson said skipping a rate hike in two weeks would provide policymakers time to see more data before making a decision. The Labor Department's closely watched May unemployment report, due on Friday, could decide whether a rate hike occurs. Intel was the biggest gainer on the S&P 500 as the chipmaker said it was on track to hit the upper end of its second-quarter revenue forecast.

Persons: Brendan McDermid, Joe Biden, it's, Brad Conger, Callaghan, Conger, FEDWATCH, Philip Jefferson, Patrick Harker, Tim Ghriskey, we've, Nvidia Corp's, Herbert Lash, Shreyashi Sanyal, Shashwat Chauhan, Shounak Dasgupta, Maju Samuel, Richard Chang Organizations: New York Stock Exchange, REUTERS, Senate, Co, Labor Department, Philadelphia Fed, Inverness, Labor, Dow Jones, Nasdaq, Technology, Federal Deposit Insurance Corporation, Parts Inc, Genuine, O'Reily, Hewlett Packard Enterprise Co, Nvidia, Intel, Thomson Locations: New York City, U.S, Conshohocken , Pennsylvania, New York, Bengaluru

[1/2] Fearless Girl is seen outside the New York Stock Exchange (NYSE) in New York City, U.S., May 30, 2023. The S&P 500 was set to end the month flat, while the Dow shed 3.8%. The S&P 500 financial sector index (.SPSY) fell 1.7%, while banks (.SPXBK) dropped 2.7%. Advance Auto Parts Inc (AAP.N) plunged 33.9%, falling the most on the S&P 500, after the auto parts retailer cut its full-year forecasts. Declining issues outnumbered advancers for a 2.21-to-1 ratio on the NYSE and for a 2.02-to-1 ratio on the Nasdaq.

Persons: Brendan McDermid, Joe Saluzzi, Phil Blancato, Nvidia Corp's, advancers, Shreyashi Sanyal, Shashwat Chauhan, Shounak Dasgupta, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, Senate, Themis, Labor, Survey, Traders, Asset Management, Dow Jones, Technology, Federal Deposit Insurance Corporation, Advance, Parts Inc, Genuine, O'Reily, Hewlett Packard Enterprise Co, Nvidia, NYSE, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ Advance Auto Parts shares plummet 30% after dismal results, cuts to outlook and dividend
▼ + stars: | 2023-05-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Shares of Advance Auto Parts plummeted roughly 30% during early trading Wednesday after the company's fiscal first-quarter earnings significantly missed Wall Street's expectations and executives slashed the retailer's yearly guidance and quarterly dividend. The Raleigh, North Carolina-based auto parts supplier blamed its dismal results and bleaker outlook on higher-than-expected costs for its professional sales, inflationary pressure, supply chain problems and an unfavorable product mix. Its quarterly revenue of $3.42 billion slightly missed expectations of $3.43 billion. Shares of other auto parts suppliers such as O'Reilly Automotive and AutoZone were also lower Wednesday. However, some Wall Street analysts believe Advanced Auto Parts' problems could be more operational than industrywide.

Persons: Refinitiv, Tom Greco, Oppenheimer, Brian Nagel Organizations: Advance, O'Reilly Automotive, O'Reilly Auto Locations: Raleigh, North Carolina

☆ Advance Auto Parts cuts full-year profit guidance as costs weigh
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +1 min

Companies Advance Auto Parts Inc FollowMay 31 (Reuters) - Advance Auto Parts Inc (AAP.N) lowered its full-year profit outlook on Wednesday on the back of elevated costs, sending the auto parts retailer's shares down 24% before the opening bell. The Delaware-based supplier now expects to report net sales between $11.2 billion and $11.3 billion for 2023, down from its prior guidance of $11.4 billion to $11.6 billion. Despite pricing actions, the company added that supply headwinds and unfavorable product mix pulled down its first-quarter earnings. The company posted net income of $0.72 per share, down from $2.26 reported last year. The Delaware-based supplier reported net sales of $3.42 billion for the quarter ended April 23, up 1.3% from the prior year.

Persons: Tom Greco, Raechel Thankam, Maju Samuel Organizations: Parts Inc, Thomson Locations: Delaware, The Delaware, Bengaluru

☆ Advance Auto eyes record daily percentage drop after forecast cut
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: 1 min

NEW YORK, May 31 (Reuters) - Advance Auto Parts' stock (AAP.N) was on track for its biggest daily percentage drop since the company went public in 2001 and was leading a selloff in other auto parts retailers Wednesday after the company cut its full-year forecast. Advance Auto's shares were last down 33.7% at $74.44, and hit their lowest level since March 2020. Shares of Genuine Parts Co (GPC.N) were down 5.3%, while Autozone (AZO.N) was down 4.6% and O'Reilly Automotive (ORLY.O) slipped 3.4%. Advance Auto cited elevated raw material, labor and freight costs as it reported results and gave its guidance. Its forecast cut follows a recent disappointing outlook from Foot Locker (FL.N) and underscores weakness in some areas of retail this earnings season.

Persons: Caroline Valetkevitch Organizations: YORK, O'Reilly Automotive, Advance, Thomson

Looking ahead, investors this week will be laser-focused on Washington, as Congress prepares to vote on a bill to raise the U.S. debt ceiling . But the shortened trading week ahead still features some key earnings and economic data. ET: S & P/Case Shiller home price index (March) 10 a.m. ET: Employment report: Non-farm payrolls and jobless rate (May) Looking back Last week, three Club holdings reported earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ New Zealand police to start removing bodies after hostel fire
▼ + stars: | 2023-05-18 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

[1/2] The exterior of a hostel, after a fire ripped through the building, resulting in a number of deaths, in Wellington, New Zealand May, 16, 2023. AAP Image/Ben McKay via REUTERSWELLINGTON, May 18 (Reuters) - New Zealand police expect to start removing bodies from the hostel in Wellington where at least six people died in a fire earlier this week, authorities said on Thursday. Police have said they suspect the fire was arson and have opened a homicide inquiry. "The scene examination is expected to take several days," Bennett said, adding that police did not know how many people died in the fire. Reporting by Lucy Craymer; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

☆ Here are Wednesday's biggest analyst calls: Tesla, Wynn, Walmart, Alphabet, Western Alliance & more
▼ + stars: | 2023-05-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Bernstein reiterates Tesla as underperform Bernstein said after the automaker's shareholder meeting that it sees trouble ahead. Bank of America upgrades AppLovin to buy from neutral Bank of America said it sees accelerating revenue growth for the mobile tech company. Stephens reiterates Walmart as overweight Stephens said it's standing by its overweight rating heading into Walmart earnings Thursday. Bank of America reiterates ServiceNow as buy Bank of America said the software company is well positioned for AI. " Stephens reiterates Western Alliance as overweight Stephens said it's standing by its overweight rating on the regional bank.

☆ Australia to prioritise long-range strike capability in defence shakeup
▼ + stars: | 2023-04-24 | by ( Kirsty Needham | ) www.reuters.com time to read: +5 min

[1/6] Australian Prime Minister Anthony Albanese, Australian Deputy Prime Minister Richard Marles, Australian Defence Industry Minister Pat Conroy and Chief of the Australian Defence Force (ADF) Angus Campbell speak to the media at a news conference after the release of the Defence Strategic Review at Parliament House in Canberra, Australia April 24, 2023. AAP/Lukas Coch/via REUTERSCANBERRA, April 24 (Reuters) - Australia's government will prioritise long-range precision strike, domestic production of guided weapons, and diplomacy - key points of a review released Monday recommending the country's biggest defence shakeup since World War Two. Australia must also strengthen defence cooperation with Japan, India, Pacific and South East Asian nations, the review said. The review found Australia's defence force was "not fit for purpose", he said. The navy needs more smaller vessels with long-range strike weapons, with details decided after an independent analysis this year, the report said.

The opposition has come together after this month's conviction of opposition leader Rahul Gandhi of the Congress party on a charge of defamation and his disqualification from parliament. Opposition politicians say Gandhi's shock disqualification, and possible jail time, is the latest evidence of the Modi government's strongarm tactics and follows investigations and legal troubles faced in recent months by other opposition parties. A day after Gandhi's conviction, 14 political parties jointly petitioned the Supreme Court, saying opposition groups were being selectively targeted by federal investigative agencies. "The Modi government's fascist steps have given a new chance for opposition parties to be united," Trinamool MP Sukhendu Sekhar Roy, told Reuters. "Anti Modi-ism or anti BJP-ism cannot be the glue that brings together disparate opposition parties with different aspirations and ambitions and positions," said Nalin Kohli, the BJP's national spokesperson.

☆ Dirty Dozen list: Which fruits and vegetables could contain pesticides
▼ + stars: | 2023-03-15 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

Each year, a rotating list of produce is tested by USDA staffers who wash, peel or scrub fruits and vegetables as consumers would before the food is examined for 251 different pesticides. Kale, collard and mustard greens contained the largest number of different pesticides — 103 types — followed by hot and bell peppers at 101. Concerned consumers can consider choosing conventionally grown vegetables and fruits from the EWG’s Clean 15, a list of crops that tested lowest in pesticides, the report said. When last tested in 2014, blueberries contained over 50 different pesticides. Testing in 2020 and 2021 found 54 different pesticides — about the same amount.

Persons: nutritionists, Kale, collard, ”, Jane Houlihan, Houlihan, Ian Berry, Alexis Temkin, ” Temkin, we’re, ” Chris Novak, ” Novak, Bryan Hitchcock, Temkin, “, “ Steer Organizations: CNN, Environmental, Produce, US Department of Agriculture, USDA, Environmental Protection Agency, Healthy, American Academy of Pediatrics, Futures, EPA, US Centers for Disease Control, CDC, CropLife, Food Technologists, US Food and Drug Administration Locations: CropLife America

☆ 50,000 march across Australia's Harbour Bridge for WorldPride
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +2 min

[1/2] People march across the Sydney Harbour Bridge for equality as part of the 2023 WorldPride festival in Sydney, Australia, March 5, 2023. AAP Image/Steven Saphore via REUTERSSYDNEY, March 5 (Reuters) - Australian Prime Minister Anthony Albanese joined 50,000 revelers on Sunday in a march across Sydney's Harbour Bridge to celebrate the final day of WorldPride festival. "This is just a great celebration and it’s symbolic of bringing people together, the unity, that’s what a bridge does," said Albanese. Sydney is the first city in the southern hemisphere to host WorldPride, a global festival celebrating the LGBTQIA+ community. "I was in tears on the parade watching them, everything they’ve done and where we’ve come has just been great.

☆ Top Delhi minister arrested in India liquor probe
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +2 min

NEW DELHI, Feb 27 (Reuters) - India's federal investigating agency arrested a top local minister in the capital territory of New Delhi late on Sunday in connection with alleged irregularities in a liquor policy, the most high-profile arrest in the case so far. Manish Sisodia, the deputy chief minister in the Delhi government was arrested by India's federal crime agency, the CBI (Central Bureau of Investigation) late Sunday night and will be produced in a local court on Monday. Sisodia was arrested in an ongoing investigation in "a case related to alleged irregularities in framing & implementation of the excise policy", the CBI said in a release. His arrest is dirty politics," Arvind Kejriwal, Delhi's chief minister and head of the Aam Aadmi Party said in a tweet hours after Sisodia's arrest. India's financial crime-fighting agency, the Enforcement Directorate is separately investigating French liquor major Pernod Ricard for allegedly violating the same liquor policy.

☆ Inflation takes a back seat to earnings next week as stocks look to bounce back
▼ + stars: | 2023-02-24 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +7 min

The latest Fed projection for the so-called terminal rate — the level where the rate hikes stop — was just over 5%. Before this past week, those intraday levels hadn't been seen since November 2022. ET: ISM Services Looking back January's hot reading on core PCE on Friday was the most influential economic number of the past week. In Club earnings this past week, Nvidia (NVDA) was certainly the highlight. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Dr. Harvey Karp planned to tell the press the $1,700 Snoo was 'proven to reduce SIDS' last summer. But the FDA stamp of approval never came.
▼ + stars: | 2023-02-15 | by ( Kate Taylor | Jake Swearingen | ) www.businessinsider.com time to read: +6 min

Dr. Harvey Karp nearly announced last summer that the FDA certified that Snoo reduces SIDS. But 15 years later, the ability of the Snoo — now on the market as a $1,700 high-tech bassinet — to reduce SIDS remains unproven. Despite lofty promises from Karp and Nina Montée Karp, his wife and cofounder, experts who spoke with Insider remain skeptical. Karp said he and his wife created the Snoo to reduce parent stress and reduce SIDS. But the FDA approval never came, and the press release was never officially distributed.

☆ How do you lose a radioactive capsule? Australian investigators are wondering too
▼ + stars: | 2023-02-02 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +8 min

Brisbane, Australia CNN —The discovery of a tiny lost radioactive capsule beside a remote highway in Western Australia raises many questions – not least how it escaped layers of radiation-proof packaging loaded onto a moving truck. Under the Radiation Safety Act 1975, only specially trained and licensed operators can package radioactive substances, but different rules apply to contractors hired to transport it, Steen said. “Any transport company can transport radioactive material provided they have got the license to do so,” she said. Staff from the National Emergency Management Agency, the Australian Nuclear and Science Technology Organization and the Australian Radiation Protection and Nuclear Safety Agency also took part. This time, it traveled in a convoy of enclosed white vehicles – with big stickers warning of the presence of a radioactive substance.

☆ Australian Cardinal Pell's funeral marked by arrival of protesters, mourners
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +2 min

[1/2] People queue to enter the pontifical requiem Mass for Cardinal George Pell at St. Mary's Cathedral in Sydney, Australia, February 2, 2023. AAP Image/Dan Himbrechts via REUTERSSYDNEY, Feb 2 (Reuters) - Protesters gathered and mourners began to arrive in Sydney on Thursday ahead of the funeral service of Australian Cardinal George Pell, a former top Vatican official who was acquitted in 2020 of sexual abuse accusations. Australian police said it had dropped a court bid to block the gathering after protesters agreed to change their initial protest route and gather in a road adjacent to St Mary's Cathedral, the venue of the funeral service. On Thursday morning, protesters gathered in a park opposite the cathedral, some holding signs reading "Pell Burn In Hell". The ribbons symbolised the pain inflicted on child sexual abuse victims, the protesters said.

☆ Do Overweight Kids Need Pills?
▼ + stars: | 2023-01-16 | by ( Allysia Finley | ) www.wsj.com time to read: 1 min

Childhood obesity rates have been climbing since the 1970s, but kids have never packed on as many pounds as quickly as they did during Covid shutdowns. According to one study, the share of 5- to 11-year-olds classified as obese ballooned by nearly 40% between March 2020 and January 2021. About 1 in every 4 kids by the end of the study was considered obese. The AAP last week recommended weight-loss drugs and bariatric surgery for obese adolescents and teens. Such interventions are supposed to be a last resort, but medicating children has become the go-to solution for common problems like anxiety and impulse control.

☆ New guidelines for treating childhood obesity include medications and surgery for first time
▼ + stars: | 2023-01-09 | by ( Kaitlin Sullivan | Kaitlin Sullivan Is A Contributor For Nbcnews.Com Who Has Worked With Nbc News Investigations. She Reports On Health | Science | ) www.nbcnews.com time to read: +8 min

Intensive behavioral and lifestyle changes should be the first-line approach, but the AAP also includes recommendations for anti-obesity medications and surgery for the first time. The guidelines say that pediatricians should offer weight-loss drugs for children age 12 and up with obesity. She also acknowledged that these lifestyle changes can be really hard to adopt, especially for overworked and low-income parents. The more adverse the environment around you, the harder it is to live a healthy lifestyle,” Hassink said. Medications and surgery are expensive, and asking overstretched parents to implement lifestyle changes is not always realistic.

☆ U.S. experts recommend weight-loss drugs for obese children
▼ + stars: | 2023-01-09 | by ( Bhanvi Satija | ) www.reuters.com time to read: +4 min

Metformin has been used off label to achieve weight loss in children. Of the 27 randomized trials of metformin for weight loss in children reviewed by the guidelines panel, 74% showed some positive effect of the medication. Wegovy last month won U.S. approval for chronic weight management in children ages 12 and older. For children ages 2 to 12 years, AAP said there was not currently enough evidence to recommend use of these medications. They also include recommendations for diagnosing obesity annually in children ages 6 years and older, through checks on BMI, and practices such as motivational interviewing.

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