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Global supply chains grew overwhelmed as they struggled to deliver. But Prange said most of his supply chain had stabilized - meaning he was able to get most of what he needed - by the end of 2021. "One of the headwinds is inflation," said Kevin Austin, the supply chain chief for Toyota Motor North America. Meanwhile, the global supply chain snarls of the pandemic have diminished. The New York Fed's Global Supply Chain Pressure Index ticked down to a reading of -1.32 in April, compared to a revised -1.15 in March.

☆ WGA strike: No end in sight as talks break off and both sides brace for long standoff
▼ + stars: | 2023-05-03 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

I’m told that there have been no negotiations since the strike commenced and that there are no negotiating sessions currently on the books. Both sides have dug their heels in the sand over a small number of significant issues, and neither side is willing to budge at the moment. Think for a minute: Has the strike impacted your television viewing habits yet? In other words, the standoff will likely have to endure for a lengthy period until it becomes unbearable for either side. And if the guild wants to apply real pressure to the studios, it’s hard to see how it would not push the strike deep into the summer.

☆ King Charles' coronation is a great fit for London's Savile Row tailors
▼ + stars: | 2023-05-02 | by ( Kate Holton | ) www.reuters.com time to read: +4 min

[1/5] Handmade suits are seen at Anderson & Sheppard tailor on Savile Row, ahead of the Coronation of King Charles and Queen Camilla, in London, Britain, April 27, 2023. REUTERS/Dylan MartinezLONDON, May 2 (Reuters) - On Savile Row, the London street long celebrated for turning out sharp suits, tailors have been racing to prepare the red and gold uniforms that will feature in Britain's first coronation for 70 years, adorned with the new insignia of King Charles. Savile Row tailors have dressed kings, queens and their offspring for more than 150 years, and their craft gets a particular boost from long-time customer Charles - a lover of the countryside who also champions the farmers, weavers and mills producing much of the fabric. 'SLOWEST FASHION'Henry Poole, credited with creating the dinner jacket, or tuxedo, has held a British royal warrant since the 1860s when it supplied Queen Victoria. "The sustainability side of that is a major part of what Savile Row has always had," he said.

☆ A fighter plane designed for the US Navy during World War II was still taking down jet fighters over Vietnam 20 years later
▼ + stars: | 2023-04-16 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +7 min

The Douglas A-1 Skyraider was designed for the US Navy in the final years of World War II. The US Air Force and its South Vietnamese counterpart also began operating the plane that year. Navy Skyraider pilots even managed to down MiG-17 fighter jets on two occasions. By the end of the war, Air Force Skyraiders conducted more than 90,000 combat sorties, including more than 1,000 a month during the peak of the fighting. The last Air Force Skyraider mission was on November 7, 1972, and all of the service's remaining Skyraiders were transferred to the South Vietnamese air force in 1973.

☆ Premarket Stocks: Who do we blame for the fall of SVB?
▼ + stars: | 2023-03-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Blame the Fed: SVB’s downfall was largely caused by a record $42 billion bank run that left the bank in desperate need of cash. But the Fed’s rate hikes had undermined the value of bonds, a critical source of capital for SVB. “The Federal Reserve failed as a bank supervisor,” he wrote. On Capitol Hill, frequent Fed critic Sen. Elizabeth Warren has been quick to blame Federal Reserve Chair Jerome Powell for a lack of oversight. Blame SVB: Others say the blame should be placed on the banks themselves.

☆ BBC Staff Revolts Over Suspension of Sports Commentator for Political Tweets
▼ + stars: | 2023-03-11 | by ( Max Colchester | David Luhnow | ) www.wsj.com time to read: +1 min

BBC sports commentator Gary Lineker was suspended after publishing tweets criticizing the U.K. government’s new policies on migrants. LONDON—The British Broadcasting Corp. has sparked one of its biggest crises in years by suspending its top sports commentator for criticizing the U.K. government on Twitter, leading to a staff rebellion and allegations that the state-funded broadcaster had compromised its independence by folding to government pressure. The venerable broadcaster yanked Gary Lineker, one of England’s most famous former football players and its highest paid presenter, from the country’s most watched football roundup show after he published tweets criticizing the government’s new policies on migrants, comparing them to Nazi Germany. The BBC said it considered Mr. Lineker’s “recent social media activity to be a breach of our guidelines” and said he “should keep well away from taking sides on party political issues or political controversies.”

☆ The US Air Force is finally getting rid of its A-10s, and its focus may be straying from the Warthog's unique mission
▼ + stars: | 2023-02-28 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +8 min

Those retirements would shrink the Air Force's A-10 fleet to 260 aircraft, and Air Force leaders plan to continue decommissioning A-10s in the years ahead. Not so closeUS Air Force joint terminal attack controllers during a close air support training with an A-10 in Nevada in September 2011. Michael HolzworthCurrent and former Air Force officials have said that the F-35 would take over the A-10's mission after the Warthog left the fleet. So it will perform the mission very differently," said Kendall, who is now the Air Force's top civilian official. Those skills "are perishable," Boeding added, "and the stakes are too high to not train dedicated crews (ground and air) in purpose build close air support aircraft."

☆ Cramer sees a 'good chance' Salesforce's Benioff will soon announce succession plans
▼ + stars: | 2023-02-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

Jim Cramer suggested Saturday that plans for a leadership change at Club holding Salesforce (CRM) — helmed by co-founder Marc Benioff for more than two decades — may be disclosed in the near future. CRM YTD mountain Salesforce (CRM) YTD performance In early January, Salesforce announced a cost-cutting plan that included layoffs and office space reductions — moves that Jim has said were pushed for by Starboard . While Benioff has said he's "never leaving" Salesforce , the company has twice elevated an executive to the role of co-CEO. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Marc Benioff, founder, chairman and CEO of enterprise cloud computing company Salesforce.

Warren Buffett released his latest annual shareholder letter for Berkshire Hathaway on Saturday. "And I doubt very much that any reader of this letter will have a different experience in the future." And I doubt very much that any reader of this letter will have a different experience in the future." Buffett defends stock buybacks "Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect. • Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: "Warren, think more about it.

☆ Revisiting JPMorgan’s innovative Cazenove deal
▼ + stars: | 2023-02-24 | by ( Peter Thal Larsen | ) www.reuters.com time to read: +6 min

JPMorgan avoided most of these problems by structuring its deal as a joint venture with Cazenove. Though the corporate entity called JPMorgan Cazenove was quietly wound down a few years ago, the name still graces the U.S. group’s UK banking business. At the time of the JPMorgan deal, Cazenove acted as broker to almost half of the companies in the FTSE 100 Index (.FTSE). By 2009, the enlarged business reported a pre-tax profit of 280 million pounds. The Cazenove deal still stands as a case study of how to buy an investment bank without destroying it.

☆ A first-of-its-kind fighter jet landing shows India's big ambitions for its growing aircraft carrier fleet
▼ + stars: | 2023-02-23 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +7 min

Two fighter jets landed on and took off from India's new aircraft carrier, INS Vikrant, this month. The continued growth of India's carrier fleet reflects New Delhi's ambitions in the region. Indian carriersA naval variant of India's Tejas fighter jet lands on INS Vikrant on February 6. Indian navyThough Vikrant is India's first domestically built carrier, it is actually the fourth to enter service with the Indian Navy. The third carrier, INS Vikramaditya, is a modified Kiev-class carrier India purchased from Russia in 2004.

☆ Egypt unveils renovations of venerable Tahrir Square Museum
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +2 min

[1/2] Egyptian Minister of Tourism and Antiquities Ahmed Issa talks to the media at the Egyptian Museum during a news conference by Egypt's ministry of tourism and antiquities that unveiled a renovated wing at the museum, in Cairo, Egypt February 20, 2023. REUTERS/Amr Abdallah DalshCAIRO, Feb 21 (Reuters) - Egypt has inaugurated the first phase of renovations on the venerable Egyptian Museum in central Cairo, giving the collection a facelift after many of its objects were relocated to other museums around the country. Egypt hopes to grow its tourism industry by 25% to 30% a year, Tourism Minister Ahmed Issa said at the inauguration ceremony on Monday. The renovation, financed by the European Union and assisted by five major European museums including the Louvre and British Museum, was designed to modernise the presentation of the objects. "The Egyptian Museum continues to develop itself, allowing it to compete with the other major modern museums," Issa said.

Lawrence Elbaum, co-head of law firm Vinson & Elkins' shareholder activism practice, said investors were looking for value-boosting strategies that do not require much funding in a difficult market. Deka Investment, which has around 367 billion euros ($392 billion) in assets under management and holds stakes in most major German corporations, has repeatedly called out German companies for structural weaknesses. Germany's blue-chip DAX 30 index (.GDAXI) put in the worst performance of any major European stock market in the past year, rising just 2%. Joe Kaeser, supervisory board chairman of Siemens Energy (ENR1n.DE), said the United States was much more advanced, and also more successful, in the field of shareholder activism. As CEO of conglomerate Siemens AG from 2013 until 2021, he engineered one of Germany's most successful corporate break-ups, separately listing Siemens Energy and Siemens Healthineers (SHLG.DE) and merging Siemens's wind unit with Spain's Gamesa.

☆ How unusually mild weather prevented what could've been the first aircraft carrier battle since World War II
▼ + stars: | 2023-02-16 | by ( Sebastien Roblin | ) www.businessinsider.com time to read: +10 min

Argentine jets were poised to strike when the usually turbulent South Atlantic winds took a mild turn. Few of the half-dozen Argentine aviators expected to survive the attack, dubbed "Banzai Night" after the famous Japanese battle cry. Government of ArgentinaIronically, the Veinticinco de Mayo was originally a British carrier named the HMS Venerable launched by the Cammell Laird shipyard near the end of World War II. After a damaging boiler-room fire, the Karel was sold in 1969 to the Argentine Navy which extensively modernized and rebuilt the 25-year-old vessel. The Harrier and the Sea DartSea Harrier jump jets aboard HMS Hermes in the South Atlantic on May 1, 1982.

☆ The newest Sidewinders have become 'the weapons of choice' against unidentified objects over the US, top general says
▼ + stars: | 2023-02-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

To shoot them down, the jets have used the newest version of the Sidewinder missile, the AIM-9X. The high-tech AIM-9X is the best suited to take down the low-tech objects, a top US general says. But the US Air Force F-22 and F-16 fighters that destroyed a Chinese spy balloon and three other unidentified objects didn't use their 20 mm cannon. Instead, they used heat-seeking AIM-9X Sidewinder air-to-air missiles. US airmen move an AIM-9X missile to an F-22 at Eglin Air Force Base in Florida in September 2021.

☆ Best Online Stock Trading Platforms of 2023
▼ + stars: | 2023-02-02 | by ( ) www.wsj.com time to read: +20 min

Luckily, the past few years has seen a profusion of online stock trading platforms. We spent hours comparing more than a dozen stock trading platforms looking for the most intuitive tools, in-depth research and access to guidance and other educational content. We considered all of this when making our picks for the Best Stock Trading Platforms of 2023. How we pickedTo pick Buy Side from WSJ’s best stock trading platforms, we reviewed offerings from more than a dozen companies. Morgan Stanley is the corporate parent of E*Trade, one of the stock trading platforms considered for this story.

☆ ‘Dinner With the President’ Review: Bread-and-Butter Issues
▼ + stars: | 2023-01-25 | by ( Moira Hodgson | ) www.wsj.com time to read: +1 min

In 2019 Donald Trump held a much-publicized banquet for the Clemson Tigers football team in the State Dining Room of the White House. He posed before a large table piled high with Quarter Pounders, a portrait of Lincoln behind him. But Mr. Trump had made a shrewd political move. As Mr. Prud’homme writes: “The critics’ howls . Bush (who was such a WASP that he sometimes ate cereal for dinner) claimed to be a fan of pork rinds splashed with Tabasco sauce.

Yogesh Raut on "Jeopardy!" Fans of the venerable answer-and-question show were introduced to Raut on Jan. 11 when he won the first of three games, which were taped in mid-November. That true quizzing talent isn't displayed on "Jeopardy!" Raut was annoyed that word leaked that another big name in the quiz community, Troy Meyer, was on the "Jeopardy!" It is fundamentally incompatible with incentivizing the next generation of quizzers to excel, and it is fundamentally incompatible with true social justice.”A "Jeopardy!"

☆ Salesforce under siege from top activist hedge fund
▼ + stars: | 2023-01-23 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +2 min

New York CNN —Software giant Salesforce (CRM), one of the 30 stocks in the venerable Dow Jones Industrial Average, had a miserable 2022. Now the company is under attack from a big hedge fund that wants to shake things up at the company that owns Slack. A source close to the situation said that Elliott Management took a multi-billion dollar stake in Salesforce. Elliott would not divulge the size of its position in Salesforce to CNN Business, but the company did confirm its investment. Salesforce also has to contend with tough competition from the likes of Oracle (ORCL), German software giant SAP (SAP) and Microsoft (MSFT), which has a top Slack rival in Teams.

☆ Your Investing Strategy Just Failed. It’s Time to Double Down.
▼ + stars: | 2023-01-06 | by ( Jason Zweig | ) www.wsj.com time to read: 1 min

Many investors have been despairing that the 60/40 portfolio, that venerable mix of 60% stocks and 40% bonds, is dead. Instead, they should be celebrating its resurrection. A so-called balanced portfolio is better-positioned to provide decent returns at moderate risk than it’s been in at least 15 years.

☆ Damar Hamlin’s sudden collapse sent ESPN scrambling. How Scott Van Pelt shifted from covering a game to a crisis
▼ + stars: | 2023-01-04 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

And suddenly it’s not.”Those were the salient words of “SportsCenter” host Scott Van Pelt Monday night after Damar Hamlin suddenly collapsed on the field during the high stakes Bills-Bengals game. Within moments, Van Pelt knew that the injury was very different than those normally sustained on the football field. And I was scared.”Later in the evening, after Joe Buck and Troy Aikman concluded their broadcast, hosting duties fell to Van Pelt. “I don’t work for a news network that covers traumatic events when they happen,” Van Pelt noted to me. “My personal preference was that I didn’t want to bring in a physician to speculate,” Van Pelt told me.

☆ US pilots are testing the aging A-10 Warthog for a new kind of mission against more advanced enemies
▼ + stars: | 2022-12-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

A US Air Force crew chief prepares to launch an A-10 for Green Flag-West in California on November 9. Samara TaylorFor years, the Air Force has sought to scrap the Warthog, believing the aging plane might not survive against modern Russian and Chinese air defenses. (Congress finally relented this month, allowing the Air Force to begin retiring A-10s in the coming year.) Since 1981, the Air Force has used the exercise to train to provide air support to Army units. US Air Force Capt.

☆ Christmas vacations: 15 of the best places to go
▼ + stars: | 2022-12-03 | by ( Cnn Staff | ) edition.cnn.com time to read: +13 min

The Bath Christmas Market has a multitude of wooden chalets selling distinctively British handmade crafts in a quaint Georgian setting. Bogotá, ColombiaA woman dressed as Santa Claus sits next to a Christmas tree and a Christmas star at Bolivar Square in Bogota. Salzburg and Oberndorf, AustriaThe Christmas Market and associated festivities in Salzburg are really something to sing about. Dating back to 1570, Strasbourg claims to be the oldest Christmas market in France and one of the oldest in Europe. damianalmua/Adobe StockThe traditional Christmas colors of red, green and white take on an entirely new meaning in New Zealand.

Persons: CNN —, Santa Claus, Claus, ”, Allan Baxter, Jesus, Jane Austen, Jane Austen Centre –, Austen, Melchior, Gaspar, Balthazar, Roy Rochlin, Bergdorf Goodman, Wangari Maathai, Fernando Vergara, “ Ruta, John’s, Miguel de Allende, Mary, Joseph, “ posada ”, Mozart, White Organizations: CNN, Bath Abbey, Jane Austen Centre, The, Royal, Catholic, Rockefeller, Getty Images Rockefeller, New York, Radio City, Columbus Circle, Fashion’s, Saks Fifth, Macy’s Herald Square, Kenyan, Park, Nuremberg, Toy Museum, Bolivar, Downtown, Malta Toy Museum, Quebec City, Adobe, Nord Expe, Mexico Piñatas, UNESCO, ”, Santa Locations: England, Philippines, Rovaniemi, Lapland, Finland, Santa, Bethlehem , Pennsylvania, Philadelphia, New York City, Bethlehem, Moravian, Bath, “, Fernando , Philippines, Asia, San Fernando, Catholic Philippines, Manila, of Bethlehem, Barcelona, Spain, Santa Eulalia, New York City New York, Central Park, Macy’s, Nairobi, Kenya, Nuremberg, Germany, German, Bogotá, Colombia, Bogota, Christmastime, Malta, Downtown Valletta, Quebec City, Canada, Petit Champlain, Quebec, Old Quebec, Sentier, Nord, Miguel, Mexico, posadas, ponche, Piñatas, Salzburg, Oberndorf, Austria, ” Salzburg, Bavaria, Strasbourg, France, Europe, Queenstown , New Zealand, New Zealand, Queenstown, Wakatipu

☆ Activision acquisition would be good for Microsoft and the overall stock market
▼ + stars: | 2022-12-02 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

That implies that the other 35% of the market is made up of firms with equal to or less than about a 2% market share. For simplicity's sake, let's say an additional 17 firms have a 2% market share each to bring us to 100% of the market. That means the HHI, calculated by the market share number squared and then added together for all 27 companies, would be under 650. If the Microsoft-Activision Blizzard deal goes through, and you combine the market share concentration of the two companies, the HII would be just over 700. The other issue is how one measures the gaming market.

☆ Crunch time: U.N. puts baguette on cultural heritage list
▼ + stars: | 2022-11-30 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

PARIS — The humble baguette — the crunchy ambassador for French baking around the world — is being added to the U.N.’s list of intangible cultural heritage as a cherished tradition to be preserved by humanity. With the bread’s new status, the French government said it planned to create an artisanal baguette day, called the “Open Bakehouse Day,” to connect the French better with their heritage. With the bread’s new status, the French government said it planned to create an artisanal baguette day. It’s the traditional baguette from the traditional bakery that’s in danger. The “artisanal know-how and culture of baguette bread” was inscribed at the Morocco meeting among other global cultural heritage items, including Japan’s Furyu-odori ritual dances, and Cuba’s light rum masters.

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