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☆ An options hedge on the stock market if the Santa rally fails to continue
▼ + stars: | 2023-12-21 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Then we'll review what I think will happen into year end and a possible market hedge idea. FedEx gave us a sense of how things are looking when they reported earnings Tuesday evening, and it wasn't good. We got all of them out of FedEx earnings, they hit a dinger, in a bad way, which disappointed the Street to say the least. Market downside reversal I was surprised when, after dipping slightly on the open the Dow Jones Industrial Average rallied mildly. Hedge The S & P 500 SPDR Trust (SPY) January $460 puts were $2.98 as of the close Wednesday.

Persons: we'll, Charles Dow, Ken Hoexter, Raj Sumbramaniam, I'm, Goldman Sachs, Apple isn't, Santa Claus, Today's Organizations: FedEx, The, Journal, Bank of America, Dow Jones Industrial, Depot, Caterpillar, Boeing, Honeywell, Nasdaq, Apple, Bollinger, FDX Locations: Tuesday's, Santa

☆ Planet-forming disk detected around star in another galaxy for the first time
▼ + stars: | 2023-11-30 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —For the first time, astronomers have glimpsed a young star outside the Milky Way galaxy that’s ringed by a dense disk where planets may form. The massive star, called HH 1177, and its rotating disk were spotted in the Large Magellanic Cloud, a neighboring dwarf galaxy that’s about 160,000 light-years away. The gas and dust accumulate in a flat disk around the star, known as an accretion disk, as a result of strong gravitational forces. The Multi Unit Spectroscopic Explorer, or MUSE instrument, on the telescope captured a jet of material releasing from the young star. To discern whether a disk was present around the star, the team needed to measure how quickly dense gas moved around the star.

Persons: ”, Anna McLeod, ” McLeod, McLeod, Jonathan Henshaw, aren’t, “ Organizations: CNN, Durham University, Southern, ESO, Liverpool John Moores University Locations: ALMA, United Kingdom, Chile

☆ 'Tax the bad' to boost climate finance, COP28 panel advises
▼ + stars: | 2023-11-29 | by ( Mark John | ) www.reuters.com time to read: +4 min

[1/3] A general view shows Marathon Petroleum's refinery, following Russia's invasion of Ukraine, in Anacortes, Washington, U.S., March 9, 2022. Higher carbon taxes - including levies on emissions from the maritime and aviation sectors - should be among options COP28 studies, the panel recommended. Subsidies for fossil fuels totalled $1.3 trillion, and substantially more if counting the societal cost of dealing with emissions and pollution. Co-chair Nicholas Stern, professor at LSE/Grantham Research Institute, said there was a compelling case for energy companies to make voluntary contributions. "I think that moral obligation is something that will be emphasised at COP28, and indeed before and after," he said.

Persons: David Ryder, Amar Bhattacharya, Vera Songwe, Nicholas Stern, Mark John, Barbara Lewis Organizations: REUTERS, Summit, United Arab, Brookings, Center, Sustainable Development, Investments, World Bank, LSE, Grantham Research Institute, Aviation, Thomson Locations: Ukraine, Anacortes , Washington , U.S, Dubai, United Arab Emirates, Paris, COP28, China

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Dollar Tree, Mondelez, Teva, Ulta, Carnival & more
▼ + stars: | 2023-11-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Deutsche Bank reiterates Saia as buy Deutsche said the transports company has "earnings power." JMP downgrades Okta to market perform from market outperform JMP downgraded the stock after a recent security incident. "We downgrade our rating to Market Perform from Under Review (Market Outperform prior) on Okta, Inc. in the wake of the most recent security incident announced on October 20." Wells Fargo reiterates Dollar Tree as overweight Wells said it's standing by its overweight rating on the stock heading into earnings next week. Melius upgrades Carnival to buy from hold Melius said it's "hard to not become incrementally bullish" on the stock.

Persons: Saia, Key, Wells, DLTR, Raymond James downgrades Weyerhaeuser, Raymond James, Redburn, Bernstein, Tesla, underperform Bernstein, Needham, Aston Martin, Jefferies, Pulte, Melius Organizations: Deutsche Bank, Deutsche, Bloom Energy, Clean Tech, Citi, New, Ulta Citi, Inc, Dominion, Weyerhaeuser, UBS, Waste Management, Novartis, EV, Pulte Group, RBC, GE Healthcare, Nvidia

☆ 5 essential books and articles that are required reading for Hollywood up-and-comers, according to a top TV agent at WME
▼ + stars: | 2023-11-24 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

In the end, though, motivated by his fascination with the business side of entertainment, he'd choose a different path: to become an agent at WME, the powerhouse Hollywood talent agency he joined through its storied mailroom training program. Singer advises industry newcomers to read as much as they can to get ahead. WME partner Bradley Singer maintains a list of must-read books and articles for industry newcomers. "When Hollywood Had a King by Connie Bruck" (2004): "You can't understand modern Hollywood without understanding Lew Wasserman, who revolutionized both the talent agency business and the studio business between MCA and Universal. "The Agency: William Morris and the Hidden History of Hollywood" is one of WME partner Bradley Singer's must-read book recommendations.

Persons: Bradley Singer, he'd, Singer, Lydia Barry, Kaitlin Collins, Symone Sanders, Linsey Davis, Sunny Hostin, Ana Navarro, hadn't, — Singer, Read, William Morris, Frank Rose, Connie Bruck, Lew Wasserman, Connie Bruck's, EJ Kahn, Abe Lastfogel, Lastfogel, Sue, Peter Biskind, Sue Mengers, Gene Hackman, Barbra Streisand, Sue …, Mark McCormack —, Swift, McCormack, Wasserman, Ovitz, Emanuel, Bradley Singer's Organizations: Carnegie Mellon University, Bradley, Hollywood, WME, Business, CNN, MSNBC, ABC News, Street Journal Studios, Bloomberg Media, Puck, —, MCA, Universal, Lindy's, Yorker, East, Sports, IMG Locations: WME, New York City, Hollywood

☆ Transport won't be ready, Paris mayor says ahead of 2024 Games
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +2 min

Paris' Mayor Anne Hidalgo attends the 105th session of the Congress of Mayors organised by the "France's Mayors' Association" (AMF), in Paris, France, November 21, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsPARIS, Nov 23 (Reuters) - Paris will not be ready for the Olympics and Paralympics in terms of transport and sheltering the homeless, city mayor Anne Hidalgo has said. "There will be places where (public) transport will not be ready because there will not be enough trains and not frequently enough," Hidalgo told news show Quotidien in thinly veiled criticism of Paris region president Valerie Pecresse. The Ile de France (Paris region) Regional Council, led by right-winger Pecresse, is in charge of transports in the region. Socialist Hidalgo said the RER (regional express train) station at Porte Maillot in western Paris would not be ready for the July 26-Aug 11 Games.

Persons: Mayor Anne Hidalgo, Sarah Meyssonnier, Anne Hidalgo, Hidalgo, Valerie Pecresse, Pecresse, I'm, Julien Pretot, Ken Ferris Organizations: Mayor, Mayors, Association, REUTERS, Rights, Olympics, Regional Council, Thomson Locations: Paris, France, Porte

☆ Morgan Stanley: These are the best 65 stocks to buy in 2024 as investors face macroeconomic headwinds, lower growth, and restrictive monetary policy
▼ + stars: | 2023-11-19 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Here's how Morgan Stanley thinks the stock market will move in 2024, the economic warning signs investors should watch for, and which stocks are best positioned to outperform next year. A stronger stock market in 2024You'd think with the myriad problems stocks are facing right now that the market is in for a difficult year ahead. Wilson believes that earnings growth will accelerate as the year progresses. Morgan StanleyBeyond strong earnings growth for individual companies, Wilson expects that increased spending in a variety of industries will provide fiscal support across the market. Guided by the themes above, Wilson polled Morgan Stanley analysts for their top stock picks heading into 2024.

Persons: Morgan Stanley, Michael Wilson, Morgan Stanley Wilson, Wilson, Jerome Powell Organizations: Business, Reserve, Walmart, Target, Fed, White House Locations: headwinds, bailouts

☆ Ukraine's Zelenskiy Slaps Sanctions on 108 People, 37 Russian Groups
▼ + stars: | 2023-11-18 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

By Maria Starkova and Elaine MonaghanLVIV, Ukraine (Reuters) - President Volodymyr Zelenskiy has sanctioned 37 Russian groups and 108 people including a former prime minister and a former education minister and said he aimed to fight wartime abductions of children from Ukraine and other "Russian terror". Zelenskiy did not associate specific individuals or groups with particular wrongdoings. The decrees showed a range of 10-year penalties against individuals and five-year penalties against non-profit groups including one named in English as the "Russian Children's Foundation." Some of the newly-sanctioned people, which included many with Russian citizenship, had previously been punished with separate or similar penalties. The sanctioned Russian groups included several whose names or websites indicate they work with children.

Persons: Maria Starkova, Elaine Monaghan, Volodymyr Zelenskiy, Zelenskiy, Dmytro Tabachnyk, Mykola Azarov, Viktor Yanukovich, Azarov, Sergei Aksyonov, Leonid Pasechnik, Putin, Kvartal Lui, Maria Lvova, Vladimir Putin, Sofia Lvova, Alexander Lukashenko, Zelenskiy's, Franklin Paul Organizations: Reuters, Russian Children's Foundation, Russian, Kyiv, Criminal, Lvova, Yale University, State Department, National Security, Defence Council Locations: Elaine Monaghan LVIV, Ukraine, Russia, Kyiv, Russian, Crimea, Luhansk, Ukrainian, The Hague, Belarus, Putin, Washington

LVIV, Ukraine, Nov 19 (Reuters) - President Volodymyr Zelenskiy has sanctioned 37 Russian groups and 108 people including a former prime minister and a former education minister and said he aimed to fight wartime abductions of children from Ukraine and other "Russian terror". Zelenskiy did not associate specific individuals or groups with particular wrongdoings. The decrees showed a range of 10-year penalties against individuals and five-year penalties against non-profit groups including one named in English as the "Russian Children's Foundation." Some of the newly-sanctioned people, which included many with Russian citizenship, had previously been punished with separate or similar penalties. The sanctioned Russian groups included several whose names or websites indicate they work with children.

Persons: Volodymyr Zelenskiy, Zelenskiy, Dmytro Tabachnyk, Mykola Azarov, Viktor Yanukovich, Azarov, Sergei Aksyonov, Leonid Pasechnik, Putin, Kvartal Lui, Maria Lvova, Vladimir Putin, Sofia Lvova, Alexander Lukashenko, Zelenskiy's, Elaine Monaghan, Franklin Paul Organizations: Russian Children's Foundation, Russian, Kyiv, Criminal, Lvova, Yale University, State Department, National Security, Defence Council, Franklin Paul Our, Thomson Locations: LVIV, Ukraine, Russia, Kyiv, Russian, Crimea, Luhansk, Ukrainian, The Hague, Belarus, Putin, Washington

☆ Thousands of Ukrainian children taken to Belarus -Yale research
▼ + stars: | 2023-11-16 | by ( Anthony Deutsch | ) www.reuters.com time to read: +4 min

More than 2,000 children Yale identified were transported to the Dubrava children's centre in Belarus' Minsk region between September 2022 and May 2023, it said, while 392 children were taken to 12 other facilities. "Russia's federal government and Belarus' regime have been working together to coordinate and fund the movement of children from Russia-occupied Ukraine through Russia to Belarus." Transports to Belarus through Russia were "ultimately coordinated" between Russian President Vladimir Putin and Belarus leader Alexander Lukashenko, it added. Lukashenko approved the use of state organizations to transport children from Ukraine to Belarus and finance their transportation, the Yale report said. Once in Belarus, children have been subjected to military training and re-education, it said.

Persons: Alexander Lukashenko, Pavel Bednyakov, Vladimir Putin, Russia's Putin, Maria Lvova, Lukashenko, David Ljunggren, Mike Collett, White, Alexandra Hudson, Rosalba O'Brien Organizations: Commonwealth of Independent States, CIS, Sputnik, Rights, Yale University, Humanitarian, Yale School of Public Health, State Department, Reuters, U.S . State Department, Ukraine, Yale, Transports, Criminal, Thomson Locations: Bishkek, Kyrgyzstan, Ukraine, Belarus, Russia, Russian, United States, Ukraine's Donetsk, Luhansk, Kherson, Minsk, The Hague

☆ Weak volumes in transports indicate a softer holiday, says Kayne Anderson Rudnick's Julie Biel
▼ + stars: | 2023-11-07 | 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 EmailWeak volumes in transports indicate a softer holiday, says Kayne Anderson Rudnick's Julie BielBrian Reynolds, Reynolds Strategy chief market strategist, and Julie Biel, Kayne Anderson Rudnick portfolio manager and senior research analyst, join 'The Exchange' to discuss rising delinquency rates, the outlook for the holiday season, and more.

Persons: Kayne Anderson, Julie Biel Brian Reynolds, Julie Biel Organizations: Reynolds Strategy

☆ Pipeline operator Enbridge beats profit targets on higher transport volumes
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNov 3 (Reuters) - Pipeline operator Enbridge (ENB.TO) on Friday beat third-quarter profit estimates, benefiting from transporting higher volumes of oil and other liquids. Calgary, Alberta-based Enbridge moves about 30% of the crude oil produced in North America, and nearly 20% of the natural gas consumed in the United States. Mainline system transports light and heavy crude oil, natural gas liquids, and refined products from Edmonton, Alberta to various markets in Canada and the U.S. Midwest. In September, the company announced a $14 billion bid for Dominion Energy's (D.N) three utility assets, to create North America's largest gas utility platform. ($1 = 1.3735 Canadian dollars)Reporting by Tanay Dhumal in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Helgren, Gregory Ebel, Ebel, Tanay, Shinjini Organizations: REUTERS, U.S . Midwest, Quarterly, Dominion, Thomson Locations: Calgary, North, Vancouver , British Columbia, Canada, Ukraine, Calgary , Alberta, North America, United States, Edmonton , Alberta, Enbridge, Bengaluru

☆ S.Korea exports snap year-long downturn, recovery in China demand slow
▼ + stars: | 2023-11-01 | by ( Jihoon Lee | ) www.reuters.com time to read: +3 min

Overseas sales last month by Asia's fourth-largest economy rose 5.1% year-on-year to $55.09 billion, trade data showed on Wednesday. By destination, exports to the United States gained 17.3%, the most since May 2022, while China-bound shipments fell 9.5%, the least in 13 months. Exports of cars rose 19.8%, extending gains to a 16th straight month, while petroleum products also jumped 18.0%, after seven straight months of decline. Semiconductor shipments fell for the 15th consecutive month, but the 3.1% drop in October was the smallest in the streak. In October, South Korea's factory activity contracted for the 16th straight month, but the decline in new export orders softened, another survey showed on Wednesday.

Persons: Lee Jae, Asia's, Lee Jeong, Jihoon Lee, Christian Schmollinger, Muralikumar Anantharaman, Sonali Paul Organizations: Busan New, REUTERS, Rights, Overseas, United States, Eugene Investment Securities, Trade, Thomson Locations: Busan, Busan New Port, Seoul, Rights SEOUL, United States, China, United, Israel, South

But national winter wheat yield ended up only about 2% below the long-term trend in 2023. Winter wheat there is only 32% GE, down from the week’s five-year average of 43% but above the year-ago 24%. Winter wheat is 42% and 41% GE, respectively, equal to the Oklahoma average and 13 points above the Texas one. Winter wheat at 47% GE is among the lower ratings for the date historically, but it is not necessarily in poor company. U.S. winter wheat conditions, fall versus springKaren Braun is a market analyst for Reuters.

Persons: Amira Karaoud, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, U.S . Department of Agriculture, GE, Nino, El Nino, Reuters, Thomson Locations: Shelbyville , Kentucky, U.S, Rights NAPERVILLE , Illinois, United States, Kansas, Illinois, Ohio, Missouri , Kentucky, Tennessee, Oklahoma, Texas, Southern

☆ Roughly 50% of the Dow Transports reports results Wednesday and Thursday
▼ + stars: | 2023-10-25 | 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 EmailRoughly 50% of the Dow Transports reports results Wednesday and ThursdayCNBC's Frank Holland reports on the latest news from the transports sector.

Persons: Frank Holland Organizations: Dow Transports

☆ The Dow's transportation index is ringing alarm bells about the broader stock market
▼ + stars: | 2023-10-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

A decline in transportation stocks is sending a worrying signal about the broader stock market. Transportation stocks are viewed as a leading indicator because they point to the movement of goods around the country. AdvertisementAdvertisementA steady decline in transportation stocks is sending a worrying signal about the broader stock market and its chances to stage a year-end rally. If companies are seeing a slowdown in growth and their stock prices fall, it could be a grim warning for the rest of the economy and stock market. AdvertisementAdvertisementAnd if the latter happens, crucial support levels would be broken and investors' highly anticipated year-end rally in the stock market, partly explained by bullish seasonals, would be on thin ice.

Persons: —, Hunt, Dow Jones, bullish seasonals, J.B, Shelley Simpson, Robert Isom, We're, Isom, Joe Hinrichs, Hinrich, Dow, Manuel Blay, TheDowTheory.com, Dow Industrials Organizations: Service, Dow Jones Transportation, United Airlines, American Airlines, CSX Transportation, Dow, Industrial, CNBC, CSX Locations: Israel

No decision on a ground offensive has been announced, although Israel has been massing troops along the Gaza border 3. Israeli military spokesman Read Adm. Daniel Hagari said Saturday Israel had so far identified 126 captives. GERMANY TO START EVACUATING CITIZENS FROM ISRAELBERLIN — The German army will start evacuating its citizens from Israel with military airplanes. Hezbollah said its fighters struck several Israeli military positions in the disputed Chebaa Farms and Kfar Chouba hills in the afternoon. ISRAELI MILITARY ANNOUNCES IT IS PREPARED FOR ‘COORDINATED’ OFFENSIVEJERUSALEM — The Israeli military says it has prepared a “coordinated” offensive in the Gaza Strip involving air, ground and naval forces.

Persons: Israel, Lloyd Austin, “, Israel —, ”, Yifat Zailer, Zailer, Read, Daniel Hagari, Hezbollah’s, Ali Youssef Alaaeddine, Alaaeddine, ERDOGAN'S, Recep Tayyip Erdogan, Bilal Erdogan, Suleyman Soylu, Mustafa Sentop, ” Erdogan, Sentop, Khalil Hachem, Rabad Akoum, ” Israel, Ismail Haniyeh, ” Haniyeh, Haniyeh, Mohammad Abu Selim, Medhat Abbas, Hakan Fidan, Sameh Shoukry, IT'S, ROME —, “ We’ve, Antonio Tajani, Tajani, —, ” Tajani, TT, Tobias Billström, Elina Valtonen, Hossein Amirabdollahian, Saleh Arouri, Ziad Nakhaleh, Amirabdollahian Organizations: United Nations, Gaza, United States Defense, TEL, ISRAEL BERLIN —, Hamas, Lufthansa, BEIRUT —, Associated Press, AP, Ministry, Sunday, South, MEDIA, BEIRUT, National News Agency, OFFICIAL, EGYPT BEIRUT —, OF, Gaza —, Shifa, Health Ministry, FROM, Romania — Romania’s Ministry of Foreign Affairs, Israel, NORDIC, FROM ISRAEL HELSINKI, Nordic, Helsinki Airport, Iran’s, Manar, Islamic, Hezbollah Locations: Gaza City, Israel, Gaza, Egypt, Israeli, Lebanon, ISRAEL, SYRIA, TEL AVIV, Syria, Golan, GERMANY, Germany, Jordan, BEIRUT, Palestinian, ISTANBUL ISTANBUL, Istanbul, United States, Tel Aviv, Dubai, South, Lebanese, Chebaa, Kfar Chouba, JERUSALEM, EGYPT BEIRUT, GAZA, Shifa, FROM ISRAEL, TURKEY, ISTANBUL, Turkish, Embassy, Turkey, BUCHAREST, Romania, Romanian Embassy, ITALY, ROME, Italian, Rome, FINNS, Finland, Sweden, Helsinki, Stockholm, Swedish, Stockholm’s Arlanda, Beirut, Hezbollah’s, Amirabdollahian, Iran, Iraq, Jihad

The deal would value Arriva, which operates red London buses and train services in the UK, at around 1.6 billion euros ($1.68 billion) including debt, the sources said. However, while the deal is nearing final stages, the sources cautioned that the timing could still shift. Deutsche Bahn said in an emailed statement: "We want to sell DB Arriva by the end of 2024. Reuters reported in April that British transport company FirstGroup (FGP.L) and I Squared had been weighing competing bids for parts of Arriva. Its annual sales rose to 4.2 billion euros in 2022, making up 7.5% of Deutsche Bahn's total revenue.

Persons: Andrew Couldridge, Emma, Victoria Farr, Andres Gonzalez, Markus Wacket, Susan Fenton Organizations: Arriva, REUTERS, Squared Capital, Deutsche, Reuters, Financial Times, Deutsche Bahn, DB Arriva, London's, Cross Country, Deutsche Bahn's, Thomson Locations: Harlow , Britain, FRANKFURT, LONDON, Miami

☆ 'This is Israel's 9/11': Why Israelis say Hamas' unprecedented assault will change their country forever
▼ + stars: | 2023-10-09 | by ( Reed Alexander | ) www.businessinsider.com time to read: +12 min

Some are likening Saturday's attack on Israel by Hamas to the September 11, 2001, attacks on the US. The timing of the attack on Saturday morning "was a shock," Aisenberg told Insider on Sunday night from her home. Up and down the country, Israelis were angered by the lapses that enabled Hamas to evade the eyes of Jerusalem's military and intelligence services, Quinn added, calling the failures "incomprehensible." AdvertisementAdvertisementThere, close to the Gaza border, Aisenberg's mother- and father-in-law spent much of Saturday afternoon hiding in their home as Hamas fighters infiltrated their small town and wreaked havoc. 'We cannot afford to be divided'As the fighting continues, Aisenberg said Israelis are determined to prevail against Hamas and Hezbollah.

Persons: —, Aisenberg, they'd, — Aisenberg, I'm, Ian Bremmer, Jessica Cohen, Benjamin Netanyahu, Israel, Iron, Netanyahu, Kenneth Quinn, who's, Quinn, Be'er Sheva, he'd, Quinn's, Cohen, Gilad Peretz, Mark, she'll Organizations: Service, Eurasia Group, Israel, West Bank, Street, Islamic Revolutionary Guard Corps, Palestinian Health Ministry, Soroka Hospital, Audi Locations: Israel, Tel Aviv, Israel's, United States, Gaza, Sderot, Pearl, Hawaii, Long Island , New York, Al, Aqsa, Jerusalem, Saudi Arabia, Riyadh, Iran, Afghanistan — Israel, New York, Be'er, Nova, revel, Lebanon

☆ French train manufacturer Alstom slides over 20% after cash flow downgrade
▼ + stars: | 2023-10-05 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Shares of French train manufacturer Alstom plummeted by up to 38% on Thursday after the company slashed its free cash flow forecast. In unaudited half-year results released on Wednesday evening, the company said its free cash flow had fallen from negative 45 million euros ($47 million) to negative 1.15 billion euros. It also said it now expects free cash flow in a range of negative 500-750 million euros for the full year, compared to a prior forecast of "significantly positive." The initial share decline wiped roughly 2.9 billion euros ($3.1 billion) from Alstom's market value, Reuters reported. This, combined with legacy projects being finalized at the same time, is weighing on the free cash flow in this first half," the company said in a statement.

Organizations: Alstom, Transports de, Paris Stock Exchange, Reuters Locations: Alstom Valenciennes, Transports de Marseille

☆ The 500-year-old hamam bringing Istanbul’s past to life
▼ + stars: | 2023-09-28 | by ( Alice Barnes-Brown | ) edition.cnn.com time to read: +10 min

CNN —Closed to the public for more than a decade, the stunning Zeyrek Çinili Hamam has just reopened its wooden doors to the world. A team of archaeologists and historians at the hamam helped those institutions to identify exactly where their Iznik tiles came from. Ottoman know-how and seamless minimalism come together inside the Çinili Hamam to create the ultimate zone-out space. The glass stars on the domed ceilings (a signature of Ottoman hamam design) allow just enough natural light to shimmer in, but not so much that it dazzles. Yazgan says the Zeyrek Çinili Hamam will closely replicate time-honored Ottoman bathtime traditions.

Persons: Hamam, Mimar Sinan, Suleiman the, Çinili, ”, Koza Yazgan, “, Sinan, London’s, Yazgan, Brüeckner –, Hammam, Murat Germen, Murat, Germen Murat Germen, puffy, ‘, Istanbul’s, It’s Organizations: CNN, hamam, Istanbul Biennial, Marmara Group, Egyptian Museum, UNESCO, Hagia Locations: Istanbul’s Zeyrek, Fatih, Zeyrek, Cairo, Abu Dhabi, Mimar, Turkey, Istanbul, Ayasofya, Hagia Sofia, Ottoman, hamams, Aivita, Marmara, Valens, –

☆ What soft landing? Stocks are acting like there's a rough road ahead
▼ + stars: | 2023-09-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

For the most part, the market has paid little attention, but this time the message seems to have hit home. Banks stocks have been weak, and even former leaders in industrials like Parker Hannifin have been down. Fewer than 50% of NYSE stocks are above their 200-day moving average. Energy stocks are up, but even they have been selling off in the last week, despite the rise of oil. "Rising interest rates have made commodities-related areas, from industrial metals to energy, interesting for the time being," Timmer noted.

Persons: Jerome Powell, Powell, Russell, Parker, Frank Gretz, Timmer, Lowry Organizations: UAW, Retail, Airlines, JETS, Transports, Banks, Nvidia, Marvell, AMD, Wellington, Commodities, Energy Locations: Banks, industrials, Taiwan, Wellington Shields, mused

☆ Once upon a time, the 'Disney adult' was ridiculed. Now, kidless millennials and Gen Z-ers with money to burn are packing into the parks — here's how Disney is winning them over.
▼ + stars: | 2023-09-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?

Persons: Sarah Rachul, I'm, Rachul, Orlando —, —, Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood

☆ Charter planes are descending on the Nevada desert — and the pop-up Black Rock City airport — as tech bros and billionaires gather for Burning Man
▼ + stars: | 2023-09-02 | by ( Grace Kay | Taylor Rains | Jordan Hart | ) www.businessinsider.com time to read: +7 min

Hundreds of flights have landed in Black Rock City for Burning Man — tech bros' favorite party. AdvertisementAdvertisementOver 880 flights descended on Black Rock Desert's pop-up airport this week as the playa opened shop for Burning Man. Jettly CEO Justin Crabbe told Insider in 2019 that the roundtrip flight from New York to Black Rock City cost $55,000. A Burning Man spokesperson did not respond to a request for comment ahead of publication. According to Burner Express' website, other air carriers can fly into Black Rock City, but those who wish to must email and register with the company in advance.

Persons: Elon Musk, Meta's Mark Zuckerberg, Ray Dalio, doesn't, Justin Crabbe, Alex Sgarlata, Sgarlata, Kathleen Bangs Organizations: Black Rock City, Rock City, wasn't, Black, Tahoe, Rock City Airport, Burner, ATC, Oakland, SF, Man, Pilatus, Cessna, Maxar Technologies, REUTERS Locations: Black Rock, Nevada, San Francisco, playa, San Francisco and New York, New York, Southern California, Reno, Rock

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