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☆ Jeff Bezos is once again the world's richest person thanks to the Big Tech rally
▼ + stars: | 2024-03-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Jeff Bezos just reclaimed his title as the world's richest person. AdvertisementIt's been more than two years since Amazon founder Jeff Bezos was the world's richest person, but he's now back in the lead again. Bezos reclaimed the top spot after a sustained rally in Big Tech shares on the back of the artificial intelligence boom. The last time Bezos was the world's richest person was in 2021. Bezos first surpassed Microsoft cofounder Bill Gates as the world's richest person in 2017.

Persons: Jeff Bezos, Elon Musk, —, It's, he's, Bezos, Musk, Bill Gates, Bernard Arnault, LVMH Moet Hennessy Louis Vuitton Organizations: Big Tech, Bloomberg, Service, Amazon, Bezos, Origin, Microsoft, EV maker's Locations: China

☆ I'm a budget traveler who flew first class using airline miles. It was amazing but I wouldn't spend money on it.
▼ + stars: | 2024-02-29 | by ( Lauren Poffenbarger | ) www.businessinsider.com time to read: +8 min

I used points from credit-card bonuses to travel first class on Emirates and had a luxurious flight. AdvertisementAfter years of low-budget traveling, my fiancé and I decided to use airline points and flew in Emirates first class from the Maldives to Dubai. Without miles, this first-class flight is usually about $3,000. I used to think flying first class was reserved for the wealthyFlying in Emirates first class was a luxurious experience for me. I wouldn't spend actual money on it, but redeeming our miles for this luxurious first-class experience felt like the best use of our points.

Persons: —, Lauren Poffenbarger, Dom Pérignon, we'd, Bowers, Wilkins, foodie, Hennessy Paradis, Lauren Poffenbarger I'm Organizations: Emirates, Service, Citi, American Express, Bulgari, Dubai International, BMW Locations: Maldives, Dubai, Emirates, Bulgari cologne, Lauren Poffenbarger Emirates

☆ These 3 stocks have outperformed Nvidia over the past 5 years—they're not Apple or Tesla
▼ + stars: | 2024-02-29 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

Microchip giant Nvidia has been the banner name, having returned an eyewatering 1,904% over the past five years. Why smaller stocks tend to outperform larger onesIt's not hard to picture how small companies can have a growth advantage over large ones. That's why investors who are looking to boost their long-term returns over time — especially those currently heavily concentrated in large stocks — are encouraged to diversify into small- and mid-cap stocks. "Smaller companies generally experience more volatility." How to add small and midsize stocks to your portfolio

Persons: you'd, It's, Dow, Jeremy Straub, Greg Marcus, it's, you'll Organizations: Nvidia, Micro, Energy, Microsoft, Apple, Dow Jones, Wealth, CNBC, UBS Private Wealth Management, Hennessy Funds Locations: U.S, someone's

☆ How America’s once great department stores became a dying breed
▼ + stars: | 2024-02-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

But department stores, focused on America’s middle class, are fading. The victims of shifting consumer tastes were not the department stores that anchored the local mall, it was the small, locally owned stores along downtown shopping districts that were closing their doors. And possibly even more than the big box competitors, department stores have suffered from consumers shifting to buying items online rather than in person. The steady closing of the department stores that once served as “anchors” of malls across suburban America has been another nail in the coffin of many malls, hurting the department stores that remained in hollowed-out malls with a fraction of their earlier traffic. Saunders said one of the primary problem for Macy’s is that its holding company, formerly known as Federated Department Stores, spent much of its resources on buying other department store brands, such May’s Department Stores, and Filene’s, rather than investing in the stores its held.

Persons: New York CNN —, Neil Sauders, ”, JC Penney, It’s, “, Neil Saunders, Shannon Stapleton, Saunders, ” Saunders, Al Bello, Sunny Zheng, Macy’s, Tony Spring, Taylor, Brian Snyder, Eddie Lambert, Michael Brown, Kearney, ” Brown, Mike Segar, Richard W, Sears, Alvah Roebuck, Sears Roebuck, Bettmann, PhotoQuest, Jack Manning, Frank Scherschel, Owen, Lucille Jagusch, Arlene Hardt, Martin Luther King Jr, Michael Ochs, Ron Frehm, Ralf, Finn Hestoft, Mark Peterson, Seth Meyers, Hugh Jackman, NBCUniversal, Kaylin Wilson, Jim Cole, Rene Johnston, Maria Alejandra Cardona, Scott Olson, Cesar Villasenor, Mel Melcon, Sarah Blesener, Paul Hennessy, Patti Naleck, Naleck, Stacey Wescott, Brown Organizations: New, New York CNN, American, Walmart, Company, Department, Sears, Target, GlobalData, JCPenney, Research, RadioShack, Reuters Sears, Federated Department Stores, May’s, Reuters, Chicago History, Sears Roebuck, Roebuck, Hulton, AP, AP Soldiers, Michael Ochs Archives, Getty, Bettmann, Kmart, Bloomberg, Toronto Star, Reuters Residents, Los Angeles Times, New York Times, Chicago Tribune, Tribune, Service Locations: New York, GlobalData, America, Nanuet , New York, North Redwood , Minnesota, Chicago, El Paso , Texas, Jackson , Mississippi, Tucson , Arizona, Caracas, Venezuela, Niles , Illinois, Morton Grove , Illinois, Baltimore, White Plains , New York, Woodfield , Illinois, Hicksville , New York, Nashua , New Hampshire, Mentor , Ohio, Mississauga , Ontario, Hialeah , Florida, Janesville , Wisconsin, Santa Monica , California, Rockaway , New Jersey, Leesburg , Florida, Schaumburg , Illinois

☆ Wein: A lot of cash is on the sidelines, and some of that could flow to small caps
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWein: A lot of cash is on the sidelines, and some of that could flow to small capsJosh Wein of Hennessy Funds makes the argument for small and mid-cap stocks, which have lagged the broader market for some time.

Persons: Wein, Josh Wein, Hennessy Organizations: Hennessy Funds

☆ Moon company Intuitive Machines begins first mission after SpaceX launch
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' Nova-C lander launched from Florida on SpaceX's Falcon 9 rocket, beginning the IM-1 mission. Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission." After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. Last month, U.S. company Astrobotic got its first moon mission off the ground but encountered problems shortly after launch.

Persons: Paul Hennessy, Trent Martin, Odysseus, it's, Joel Kearns, Kearns, Russia —, ispace, Astrobotic, didn't Organizations: SpaceX, Kennedy Space Center, Anadolu, Getty Images, Machines, SpaceX's, NASA, Payload, Artemis, Nasdaq, Marshall Space, Center, Soviet Union —, U.S Locations: Cape Canaveral , Florida, Getty Images Texas, U.S, Florida, United States, Wednesday's, Japan, Russia, Soviet Union, China, India

☆ Kansas City Chiefs parade: ‘Let’s do it big!’ says star quarterback Patrick Mahomes
▼ + stars: | 2024-02-14 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

On Wednesday, the Chiefs will celebrate becoming just the second team in nearly two decades to win back-to-back Super Bowls and show off the Vince Lombardi Trophy during the champions’ parade through Kansas City. Given the team’s successes in recent years – four Super Bowl appearances and three wins – the Chiefs are getting pretty good at celebrating. Parade detailsThis year’s parade will start at 11 a.m. local time (12 p.m. Some Chiefs fans arrived in the early hours of the morning to secure a prime spot. “Chiefs fans are built different!” he wrote.

Persons: –, that’s, Vince Lombardi, Reid, Patrick Mahomes, “, Patrick Mahomes II, Mahomes, Jaylen Watson, bro, ” Mahomes, Watson, Andy Reid, ”, Amy Kontras, ” Joe Hennessy Organizations: CNN, Kansas City Chiefs, Chiefs, Star, Union Station, Getty, Kansas City Sports Commission, Foundation, “ Chiefs, NFL Combine Locations: Kansas City, AFP

☆ Special counsel feeds frenzy over Biden’s age
▼ + stars: | 2024-02-08 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

An independent special counsel poured kerosene on concerns about Joe Biden’s age with pointed language about the president’s poor memory after concluding Biden had willfully mishandled classified documents – and that his failing memory makes him impossible to convict. ► He appears poised for a win at the Supreme Court. Feeding the frenzy about Biden’s ageIn concluding Biden should not be prosecuted, Special Counsel Robert Hur, a former Trump-appointed US Attorney in Maryland, offered a political indictment of the president’s fitness. Still, larger Trump-related questions loom for the Supreme Court, such as whether Trump enjoys absolute immunity from prosecution. Trump attorney Jonathan Mitchell speaks before the Supreme Court on February 8.

Persons: Donald Trump, Joe Biden’s, Biden, ” Biden, Trump, Nikki Haley’s, It’s, Robert Hur, Hur, Carolina Sen, Thom Tillis, “, ’, Beau, ”, Richard Sauber, Bob Bauer, Jamie Raskin, ” Raskin, CNN’s Wolf, General Merrick Garland, Biden’s, Lago, Hur’s, Barack Obama, Obama, –, Joe Biden's, Trump’s, Haley, Jonathan Mitchell, Bill Hennessy Trump’s Organizations: CNN, White House, Republican, Supreme, Trump, Oval, ”, Biden, Maryland Democrat, Democratic, House Democrats, National Archives, Mar, Department of Justice, Virgin Islands, South Locations: Nevada, Colorado, Maryland, Carolina, Virginia, Biden’s Delaware, Florida, Afghanistan, Joe Biden's Delaware, Virgin, South Carolina, Washington ,

☆ Paris 2024 Olympic medals to feature iron from the Eiffel Tower
▼ + stars: | 2024-02-08 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

CNN —The medals at this year’s Olympics in Paris were not only inspired by the Eiffel Tower — they each contain an original piece of the 19th-century landmark. The design was overseen by French jeweler Chaumet, whose parent company LVMH signed a major sponsorship deal with Paris 2024 last summer. The Paralympics medal, meanwhile, is decorated with a graphical representation of the Eiffel Tower, as if viewed from below. From right: Tony Estanguet, president of the Paris 2024 Olympics organising committee on the Eiffel Tower with French cyclist Marie Patouillet, fencer Sara Balzer and athlete Arnaud Assoumani holding Olympic and Paralympic Games medals. In a statement announcing the designs, Paris 2024 President Tony Estanguet said the decision represented a “coming together” of the two events.

Persons: Chaumet, LVMH, Benoit Tessier Benoit Tessier, Clémentine Massonnat, Schaller, ” Massonnat, Tony Estanguet, Marie Patouillet, Sara Balzer, Arnaud Assoumani, Benoit Tessier, ”, Massonnat, Mathieu Lehanneur’s, Louis Vuitton, Moët Hennessy Organizations: CNN, Eiffel, Paris, Nike, Paralympic Games, Chaumet’s, Paralympic, Reuters, Olympic, Olympics, Dior Locations: Paris, Athens, French

NEW YORK (AP) — She was a teenaged aspiring R&B singer and rapper who had gotten an appointment at Jam Master Jay's recording studio. Concepcion was brought to tears as she testified Thursday in the trial of two men charged in the 2002 killing. “Where did Jay get shot?” she recalled asking one of the DJ's aides, Uriel Rincon, who himself had been shot in the leg. She said she asked him to help her check Mizell's pulse, so the two moved the 37-year-old rap star's arm. “I'm sorry — I can't talk about stuff like this,” Concepcion told jurors, fanning herself and tearing up, then duly going on to describe the graphic particulars of what they saw.

Persons: Yarrah Concepcion, Concepcion, “, Jay, Jason Mizell, Karl Jordan Jr, Ronald Washington, Mizell, Jordan, Mizell's, Stephon, Washington —, —, Hennessy Cognac, ”, Washington, Susan Kellman, ” Concepcion, Uriel Rincon Organizations: DJ, Prosecutors, Washington, ” Watford, Watford Locations: Washington, Stephon Watford, Watford

☆ How 'quiet luxury' is subtly taking over investor portfolios
▼ + stars: | 2024-01-30 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +4 min

So what is "quiet luxury"? Quiet Luxury's outperformance over Loud Luxury in 2023. "Hence, in 2023, quiet luxury companies notably outperformed their loud peers by 23% points. According to DBS, a company fall under its categorization of "quiet luxury" if it's understated and focused on high quality, while maintaining exclusivity and scarcity. Loud luxury not in vogue

Persons: Karin Teigl, Kelly, Baum, Jeremy Moeller, Miu Miu, Brunello, Hou Wey Fook, Hermes, LVMH Moët Hennessy Louis Vuitton, Markus Hansen, Hansen, Goldman Sachs, — Organizations: Getty, DBS Bank, Financière Richemont, Swatch Group, DBS, Richemont, Swatch, CNBC, U.S Locations: VIENNA, AUSTRIA, Asia, South Korea, Japan, India

☆ This ETF tracking European stocks like LVMH gives U.S. traders access to a global comeback story
▼ + stars: | 2024-01-29 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. This material is for illustration and discussion purposes and not intended to be, nor construed as, financial, legal, tax or investment advice. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: bellwether LVMH Moet Hennessy Louis Vuitton, IEUR Organizations: Fairlead, CNBC Pro, Securities Locations: Europe, IEUR, Japan

☆ LVMH shares jump 8% as earnings point to luxury sector resilience
▼ + stars: | 2024-01-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. LVMH shares jumped more than 8% on Friday morning, after the world's largest luxury group posted higher-than-expected sales for 2023 and raised its annual dividend. The result was boosted in particular by 14% annual growth in the critical fashion and leather goods sector, along with 11% growth in perfumes and cosmetics. After a boom during the pandemic, the luxury sector endured a rough end to 2023 as challenging geopolitical and macroeconomic conditions weighed on consumer spending, particularly in the U.S. and China. Javier Gonzalez Lastra, portfolio manager of the Tema Luxury ETF, told CNBC on Thursday that investors are trying to gauge where the bottom of the earnings cycle revision is for the luxury sector.

Persons: Bernard Arnault, LVMH Moet Hennessy Louis Vuitton, LVMH, Louis Vuitton, Hennessy, Bulgari, Javier Gonzalez Lastra Organizations: LVMH, Chandon, Givenchy, Novo Nordisk, Burberry, CNBC, Paris Locations: Paris, France, U.S, China, LVMH, Tema

☆ Buffalo Bills fans are haunted by these two words: ‘Wide right’
▼ + stars: | 2024-01-22 | by ( Ben Morse | ) edition.cnn.com time to read: +36 min

Ryan Kang/AP Buffalo Bills quarterback Josh Allen and wide receiver Trent Sherfield celebrate after a touchdown against the Miami Dolphins on Sunday, January 7. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Todd Kirkland/Getty Images Philadelphia Eagles wide receiver Olamide Zaccheaus catches a touchdown pass over Buffalo Bills safety Micah Hyde on November 26. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22.

Persons: Josh Allen, Tyler Bass, hadn’t, Bass, Bass’s, –, Jim Nantz, Josh Reynolds, Craig Reynolds, Junfu, Clyde Edwards, Helaire, Jeffrey T, Barnes, Dre Greenlaw, Emanuel Wilson, Lachlan Cunningham, Lamar Jackson, Sheldon Rankins, Patrick Smith, Jalen, Julio Aguilar, Dawson Knox, Kathryn Riley, Kirby Lee, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Dak Prescott, Michael Owens, Patrick Mahomes, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Trent Sherfield, —, Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Jay Biggerstaff, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Mahomes, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Darnell Savage, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Aaron Rodgers, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Marv Levy, Bill Parcells, Buffalo, Jim Kelly, Scott Norwood, Bass ’, Norwood’s, Norwood, Allen, “, ” Allen, We’ve, Frank Franklin II, it’s, ”, “ I’ve, I’ve Organizations: CNN, Buffalo Bills, AFC, Buffalo, Kansas City Chiefs, Super Bowl, Kansas City’s, CBS, Detroit Lions, Lions, Tampa Bay Buccaneers, Ford Field, The Lions, USA, Network, Reuters Kansas City Chiefs, Chiefs, Highmark, Super, Baltimore Ravens, AP San Francisco 49ers, Green, Packers, The 49ers, NFC, Getty, Houston Texans, The Ravens, AFC Championship, Philadelphia Eagles, Eagles, Getty Images Buffalo Bills, Pittsburgh, Bills, Sports Detroit Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Miami Dolphins, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Reuters New York Giants, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Ravens, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, Reuters New York Jets, Washington, AP Indianapolis Colts, Atlanta Falcons, Falcons, Cincinnati Bengals, Getty Images Miami Dolphins, AP Atlanta Falcons, The Carolina Panthers, New Orleans Saints, Getty Images Detroit Lions, Denver Broncos, Los Angeles Chargers, Raiders, Chargers, Getty Images Tennessee, Miami, Titans, Bears, Getty Images Atlanta Falcons, UPI, San Francisco 49ers, Seattle, Seahawks, AP Jacksonville Jaguars, Jaguars, Tennessee Titans, Indianapolis Colts, Colts, Reuters Denver Broncos, Broncos, AP Dallas Cowboys, Seattle Seahawks, AP Philadelphia Eagles, Pittsburgh Steelers, AP Miami Dolphins, Network Dallas Cowboys, Reuters, Getty Images Kansas City Chiefs, Getty Images Seattle Seahawks, Buccaneers, AP Los Angeles Chargers, Detroit, Indianapolis, Football, Carolina Panthers, Getty Images Minnesota Vikings, Vikings, Stroud, AP Chicago Bears, Saints, Getty Images Pittsburgh Steelers, AP Denver Broncos, Getty Images Tennessee Titans, Patriots, AP Las Vegas Raiders, Reuters Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Reuters Cleveland Browns, AT, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners Locations: Kansas, Buffalo, Detroit, Orchard Park , New York, Santa Clara , California, Baltimore, Kansas City, New England, Getty Images Arizona, Frankfurt, Germany, AFP, Stroud, Denver, Chicago, North America, London, New, Pittsburgh, Minneapolis, Kansas City , Missouri, warmups

☆ NFL’s policy over cold-weather games questioned after fans treated for hypothermia and frostbite at Chiefs-Dolphins game
▼ + stars: | 2024-01-20 | by ( Ben Morse | ) edition.cnn.com time to read: +40 min

Even the helmet of Chiefs quarterback Patrick Mahomes broke in the tundra like conditions. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22. It’s extreme temperatures.”What can be doneFor the Chiefs-Dolphins game, Kansas allowed spectators to bring blankets into Arrowhead Stadium, and there were warming stations and hot chocolate available to purchase.

Persons: Andy, shivers, Michael Hopkins, ”, Hopkins, Patrick Mahomes, Mahomes, Jay Biggerstaff, –, ” Marshall Shepherd, Jalen, Julio Aguilar, Dawson Knox, Kathryn Riley, Kirby Lee, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Dak Prescott, Michael Owens, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Josh Allen, Trent Sherfield, —, Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, Lamar Jackson, Patrick Smith, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Darnell Savage, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Aaron Rodgers, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Scott Winters, Shepherd, ” Shepherd, “, Andy Reid Organizations: CNN, Arrowhead, Kansas City Chiefs, Miami Dolphins, Kansas City Fire Department, Reuters, Buffalo Bills, Pittsburgh Steelers, University of Georgia, CNN Sport, ” Philadelphia Eagles, Tampa Bay Buccaneers, Eagles, NFC, Getty Images Buffalo Bills, Pittsburgh, Bills, USA, Sports Detroit Lions, Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Chiefs, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Network, Reuters New York Giants, Philadelphia Eagles, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Baltimore Ravens, Ravens, AFC, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, The Lions, Reuters New York Jets, Washington, AP Indianapolis Colts, Atlanta Falcons, Falcons, Cincinnati Bengals, Getty Images Miami Dolphins, AP Atlanta Falcons, The Carolina Panthers, New Orleans Saints, Getty Images Detroit Lions, Denver Broncos, Los Angeles Chargers, Raiders, Chargers, Getty Images Tennessee, Miami, Titans, Bears, Detroit Lions, Getty Images Atlanta Falcons, Getty, UPI, San Francisco 49ers, Seattle, Seahawks, The 49ers, AP Jacksonville Jaguars, Jaguars, Tennessee Titans, Indianapolis Colts, Colts, Reuters Denver Broncos, Broncos, Houston Texans, AP Dallas Cowboys, Seattle Seahawks, AP Philadelphia Eagles, AP Miami Dolphins, Network Dallas Cowboys, Getty Images Kansas City Chiefs, Super, Getty Images Seattle Seahawks, Buccaneers, AP Los Angeles Chargers, Detroit, Indianapolis, Football, Carolina Panthers, Getty Images Minnesota Vikings, Vikings, Stroud, AP Chicago Bears, Saints, Getty Images Pittsburgh Steelers, AP Denver Broncos, Getty Images Tennessee Titans, Patriots, AP Las Vegas Raiders, Reuters Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Ford Field, Reuters Cleveland Browns, AT, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Highmark, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners, Buffalo, Kansas City, ” Chiefs, Facebook Locations: Kansas, Missouri, Kansas City, New England, Getty Images Arizona, Frankfurt, Germany, AFP, Stroud, Denver, Chicago, Detroit, North America, London, New, Pittsburgh, Minneapolis, Kansas City , Missouri, Buffalo, Canada

☆ John Deere and SpaceX's Starlink team up to equip tractors with satellite internet, in a deal Elon Musk calls 'great for farmers'
▼ + stars: | 2024-01-16 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk and SpaceX set out to blanket the world with high-speed internet using thousands of Starlink satellites. The tractor titan and satellite giant have signed a deal to connect tractors and other farming equipment to the internet, The Wall Street Journal reported. SpaceX uses Falcon 9 rockets to transport batches of around 60 Starlink satellites at a time. Paul Hennessy/SOPA Images/LightRocket via Getty ImagesJohn Deere tested different satellite options for about eight months, according to The Wall Street Journal report. Farmers will have to install Starlink antennas, which will be designed for rugged and dusty terrain, on the tops of vehicle cabs, The Wall Street Journal reported.

Persons: —, Elon, John Deere, Musk, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Paul Hennessy, JC Schemper, Longmont , Colorado Rick Wilking Organizations: Service, SpaceX, Business, Street Journal, Deere, Twitter, British, Wall, Falcon, Getty, Wall Street, Reuters Locations: Brazil, London, Nebraska, Longmont , Colorado

☆ Champagne sales fizzle after hitting Covid-era record highs
▼ + stars: | 2024-01-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Champagne sales have lost some of their pop in 2023 following a few record-breaking years of sales spurred by the end of Covid-19 lockdowns. That marks nearly a return to pre-Covid levels in 2019, when 297.3 million bottles were shipped. During its peak in 2022, sales soared by 33%, when 325 million bottles were shipped. The name Champagne is exclusively reserved for wines harvested and produced by 16,200 growers on 34,300 hectares northeast of Paris. This cost France a total of roughly $2 billion in sales, a recent report said.

Persons: Comité, “, David Chatillon, LVMH Moët Hennessy, Dom Pérignon, CNN’s Anna Cooban Organizations: New, New York CNN Locations: New York, Covid, Champagne, France, Paris

☆ Packers dominate Cowboys to advance in NFL playoffs and throw Dallas into disarray while Lions defeat Rams in 1st playoff win in 32 years
▼ + stars: | 2024-01-14 | by ( Jacob Lev | Ben Morse | ) edition.cnn.com time to read: +38 min

Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Nathan Ray Seebeck/USA Today Network/Reuters Green Bay Packers wide receiver Jayden Reed stiff arms Joey Porter Jr. of the Pittsburgh Steelers on November 12. Michael Conroy/AP Kansas City Chiefs quarterback Patrick Mahomes walks off the field after the Chiefs' loss to the Denver Broncos on October 29. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22.

Persons: “, Mike McCarthy’s, Dallas hadn’t, Jordan Love, Aaron Jones, Love, Doubs, Luke Musgrave, Dontayvion Wicks, Jones, –, “ Jordan, Matt LaFleur, … I’m, Dak Prescott, Prescott, Darnell Savage, Aaron Rodgers, ” Love, Jerry Jones, McCarthy, Jones –, “ He’s, ”, I’ve, they’ve, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Michael Owens, Patrick Mahomes, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Josh Allen, Trent Sherfield, —, Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, Lamar Jackson, Patrick Smith, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Jay Biggerstaff, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Jalen, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Mahomes, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Kathryn Riley, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Jared Goff, Stafford, Goff, Brett Maher, ” Goff, It’s, ” Stafford, I’m, Nacua Organizations: CNN, Green Bay Packers, Dallas Cowboys, NFL, ”, Detroit Lions, Los Angeles Rams, Packers, Cowboys, AT, T, Lions, Ford Field, 49ers, Tampa Bay Buccaneers, Philadelphia Eagles, Divisional, Dallas, Research, New York Jets, FOX, Rey Del Rio, Getty Images Dallas Cowboys, Kansas City Chiefs, Miami Dolphins, Chiefs, Dolphins, National Football League, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Texans, Cleveland Browns, AP Buffalo, Trent, Bills, AFC East, The Jets, USA, Network, Reuters New York Giants, Boston, Giants, Eagles, New England Patriots, Reuters San Francisco 49ers, NFC, Rams, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Baltimore Ravens, Ravens, AFC, Getty Images, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, Sunday, The Lions, Reuters New York Jets, Washington, AP Indianapolis Colts, 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Atlanta Falcons, Getty Images Denver Broncos, Koramoah, Soldier, Pro Football Hall of Fame, Arizona Cardinals, AP Detroit Lions, AP New York Jets, Levi's, Lucas Oil, North, Reuters Los Angeles Chargers, Wembley, Getty Images Buffalo Bills, Tennesee Titans, Lambeau, Cleveland Browns Stadium, Reuters Buffalo Bills, Reuters Cleveland Browns, TIAA Bank, Kansas, Jacksonville Jaguars, Reuters Las Vegas Raiders, Highmark, Acrisure, US Bank, JK, Reuters Baltimore Ravens, Baltimore, Niners, NBC Locations: Arlington , Texas, Detroit, San Francisco . 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☆ Investors Hope the Dogs of the Dow Can Find Their Bite
▼ + stars: | 2024-01-13 | by ( Charley Grant | ) www.wsj.com time to read: 1 min

Chevron’s stock is one of this year’s 10 Dogs of the Dow. Photo: Paul Hennessy/Zuma PressThe Dogs of the Dow weren’t the best in show last year, but the recent rally in beaten-down corners of the stock market is giving hope to fans of the popular contrarian investment strategy. The approach calls for buying the 10 stocks with the highest dividend yields of the 30 Dow components at the beginning of a year—the Dogs of the Dow—and holding them over the next 12 months. The group of stocks is rebalanced at the end of each year to maintain an investment in the top 10 dividend payers.

Persons: Paul Hennessy Organizations: Dow, Zuma

☆ Yellow Rivals Scoop Up Truck Terminals in Bankruptcy Auction
▼ + stars: | 2023-12-05 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

About a dozen trucking companies bought properties at a bankruptcy court-supervised auction that unloaded 75% of Yellow’s properties. Above, a Yellow terminal in Orlando, Fla. Photo: Paul Hennessy/Zuma PressYellow is set to raise more than $2 billion after a bankruptcy auction that will disperse much of its national network of truck terminals among rivals, casting deeper doubt on a long shot bid to revive the trucker. About a dozen trucking companies bought properties at a court-supervised auction that unloaded 75% of Yellow’s properties for a total of just under $1.9 billion, according to a filing Monday evening in the U.S. Bankruptcy Court in Delaware. The bids must be approved by the court, which is scheduled to hold a hearing Dec. 12.

Persons: Paul Hennessy, Zuma Organizations: Bankruptcy Locations: Orlando, Fla, U.S, Delaware

☆ The markets are getting it right when it comes to future rate cuts, says Josh Wein
▼ + stars: | 2023-12-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe markets are getting it right when it comes to future rate cuts, says Josh WeinJosh Wein, Portfolio Manager at Hennessy Funds, discusses the markets, the outlook for rate cuts, and inflation trends.

Persons: Josh Wein Josh Wein Organizations: Funds

NEW YORK, Nov 29 (Reuters) - Shares of German sandal maker Birkenstock (BIRK.N) extended their gains on Wednesday, hitting the initial public offering price for the first time, following a buoyant holiday shopping season. The company's shares opened at $41 on Oct. 11 and have traded below the IPO price of $46 and dropped to as low as $35.83 just days after listing. The median price target of the 17 analysts covering Birkenstock is $47.21 and the current recommendation is "buy", according to LSEG data. Birkenstock is heavily shorted, with 5.71 million shares worth roughly $259 million having short interest, according to data and analytics firm Ortex. About 32.3 million shares were sold on the IPO.

Persons: Bernard Arnault, Louis Vuitton Moet Hennessy, Chibuike Oguh, Medha Singh, Lance Tupper, Lisa Shumaker Organizations: Birkenstock, Arm Holdings, U.S, Thomson Locations: Birkenstock, French, New York, Bengaluru

☆ The consumer is in good shape, says Hennessy Funds' Neil Hennessy
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe consumer is in good shape, says Hennessy Funds' Neil HennessyNeil Hennessy, chief market strategist and portfolio manager at Hennessy Funds, joins 'The Exchange' to discuss the impact of recent earnings beats, the state of the consumer, and more.

Persons: Hennessy, Neil Hennessy Neil Hennessy Organizations: Hennessy Funds

☆ Who Is Bernard Arnault? The LVMH founder is one of the world's richest people and his family-run company operates like the plot of 'Succession.'
▼ + stars: | 2023-11-25 | by ( Avery Hartmans | Britney Nguyen | Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Bernard Arnault is the world's third richest man. He controls the massive luxury conglomerate LVMH, and his children all hold roles in the business. His eldest son, Antoine Arnault, will be stepping down from his role as CEO of Berluti in January. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNo name is perhaps more synonymous with the world of luxury goods than Bernard Arnault.

Persons: Bernard Arnault, Antoine Arnault, —, Moët Hennessy Louis Vuitton, Louis Vuitton, Dom Pérignon, He's, Jeff Bezos, Elon Musk, he's, Arnault, LVMH, Antoine, Here's Organizations: Bloomberg, Berluti, Service, TAG, Amazon, Tesla

(AP) — Two people accused of operating a high-end brothel network with wealthy and prominent clients in Massachusetts and the Washington, D.C., suburbs will remain behind bars for now, a judge said on Wednesday. Lawyers for Han Lee and Junmyung Lee agreed to a voluntary order of detention during a brief court hearing two weeks after their arrest. Authorities have said the commercial sex ring in Massachusetts and northern Virginia catered to politicians, company executives, military officers, lawyers, professors and other well-connected clients. Political Cartoons View All 1265 ImagesProsecutors have argued Han Lee and Junmyung Lee pose a risk of flight, pointing to their financial resources and lack of ties to the community. Authorities say Han Lee recruited women and maintained the websites and brothels.

Persons: Han Lee, Junmyung Lee, David Hennessy, Josh Levy, Han Lee's, James Lee Organizations: Washington, D.C, Prosecutors, Homeland Security Investigations, Authorities Locations: WORCESTER, Massachusetts, Worcester , Massachusetts, Virginia, Watertown, Cambridge , Massachusetts, Fairfax , Virginia, California

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