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☆ Filmmaker Joel Coen Puts His Spin on the Photos of Lee Friedlander
▼ + stars: | 2023-05-01 | by ( Arthur Lubow | ) www.nytimes.com time to read: +1 min

Fraenkel’s question about Friedlander landed on fertile ground. “I certainly knew of him, and I think Fran did a little,” Coen said recently, in a joint video interview with McDormand from California. ‘Just 10 photographs if you like.’ ”Coen and McDormand visited the Friedlanders in New City, N.Y., to make sure they were simpatico. “They came here with Jeffrey,” Friedlander recalled. Each show will display about 45 photos.

☆ UBS looks to bring Naratil back and mulls Swiss bank spin-off, NZZ am Sonntag reports
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: +1 min

ZURICH, April 30 (Reuters) - As UBS's (UBSG.S) takeover of former rival Swiss bank Credit Suisse (CSGN.S) nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spinning off the Swiss part of Credit Suisse and having the business's current head, Andre Helfenstein, run it, NZZ am Sonntag reported on Sunday. The Swiss newspaper cited a source as saying UBS had come around to the idea of a spin-off, which it initially deemed "out of the question", amid growing public and political pressure. UBS executives have repeatedly said that all options were still on the table concerning Credit Suisse's domestic business. NZZ also reported several sources as confirming that former co-head of UBS's global wealth management division, Tom Naratil, would rejoin the bank, having stepped down in October.

☆ Free F1 live stream: Where to watch Azerbaijan GP online from anywhere
▼ + stars: | 2023-04-30 | by ( Brendan Griffiths | Senior Commerce Director | ) www.businessinsider.com time to read: +4 min

Thankfully, we do and can show you below where to watch a free F1 live stream for the Azerbaijan race. Watch a free Azerbaijan F1 live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. How to watch the Azerbaijan F1 live stream with a VPNSign up for a VPN if you don't have one. Turn it on and set it to a country with a free live stream. How to watch an F1 live stream in the USESPN carries coverage of Formula 1 racing throughout the season, and there's plenty of it left to enjoy too.

☆ Sales, spins and splits — what are the differences and why do they matter for investors like us?
▼ + stars: | 2023-04-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +20 min

Investors may get one share in the spun-out entity for every share of the parent company they owned. What's left of J & J will be focused on pharmaceuticals and medical technologies, which were responsible for over 84% of the company's total 2022 revenue of $94.94 billion. It underscores that once free of the parent company tethers a divested company can chart its own destiny. Those priorities may not have necessarily been wrong when considering J & J as the overall enterprise. We believe J & J and Danaher are poised to deliver two more examples.

☆ Veracruz state: Home of the flying Voladores, Mexico's top coffee and more
▼ + stars: | 2023-04-29 | by ( Tim Leffel | ) edition.cnn.com time to read: +8 min

The Voladores of Veracruz in Mexico have a history that goes back at least 1,400 years. “The flying ritual has never had a learning age, it is a project of a lifetime,” he says. Nearly all of the Voladores train in or around Papantla, where the flying schools prepare young people to take over for those who are eventually aging out. Coffee, ancient ruins and an overlooked capital cityMen with ankle ropes flying deftly around a pole are not the only export from this state, though. The big draw, however, is Mexico’s second most important archaeological museum after the one in Mexico City.

☆ Mexico's FEMSA Q1 revenues surge, driven by strong sales
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, April 28 (Reuters) - Mexico's FESMA , which controls one of the largest Coca-Cola bottlers and a string of convenience store chains, posted a 22% jump in its first-quarter revenue Friday to 180 billion pesos, driven by strong sales in its key businesses. Sales in the region were seen "widely outpacing the industry," Group CEO Daniel Rodriguez said in a statement. The company's fintech arm, Spin by Oxxo, saw growth of 1.1 million new users in the quarter, taking its total user base to 6.4 million, while total monthly transactions were up 22%. The company's subsidiary, Coca-Cola FEMSA, meanwhile reported a 35% bump in quarterly net income earlier this week following strong growth in Mexico, Brazil, Guatemala and Uruguay. ($1 = 18.0201 pesos by end-March)Reporting by Valentine Hilaire and Noe Torres; Writing by Kylie Madry; Editing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

☆ Why cities continue to have a love-hate affair with e-scooters
▼ + stars: | 2023-04-28 | by ( Liam Mays | ) www.cnbc.com time to read: +2 min

Ride-share e-scooters are parked on the sidewalks of major cities across the world. And 158 U.S. cities already have ride-share e-scooter systems in place. But some cities, like New Orleans and Las Vegas, have strict ride-share e-scooter bans. "We operate in around 400 cities and they had the highest fine rate of any city in the world that we operate in. Other cities like Washington, D.C., see the e-scooter ride-share option as a valuable addition to their transportation infrastructure.

Peter Pan & Wendy, the newest live action spin on the classic story of Never Land, is now streaming on Disney Plus. Barrie, Peter Pan & Wendy follows the three Darling children on a journey to the magical Never Land with the help of Peter Pan. Lowery also serves as co-writer of the screenplay for Peter Pan & Wendy, alongside Toby Halbrooks. How to watch Peter Pan & WendyYou can watch Peter Pan & Wendy at home worldwide with a Disney Plus subscription. Watch the trailer for Peter Pan & WendyWhat other Peter Pan movies can I watch?

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe promise and pitfalls of e-scooter ride-shareThe global market size for e-scooters is projected to exceed $30 billion by 2028. E-scooters are increasingly popular as a convenient "last mile" mode of transportation in major metro areas. However, e-scooter ride-share companies like Bird, Lime, and Spin are struggling with profitability and facing regulatory challenges in some cities.

☆ Carl Icahn calls Illumina Q1 results ‘very disappointing,’ slams cost-cutting plan
▼ + stars: | 2023-04-28 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Carl Icahn on Friday called Illumina's first-quarter results "very disappointing" and slammed the DNA sequencing company's new plans to cut costs. "Illumina CEO Francis deSouza seems to believe that he can fool all of the people all of the time," Icahn wrote. Illumina's stock is down more than 9% since the company reported earnings. In that missive, Icahn also took shots at cost-cutting plans Illumina unveiled to improve its shrinking margins. Illumina reported a negative operating margin of 5.7% for the quarter, down from 15% during the same period a year ago.

☆ Where to watch free Azerbaijan F1 live stream: sprints and full race viewing details
▼ + stars: | 2023-04-28 | by ( Brendan Griffiths | Senior Commerce Director | ) www.businessinsider.com time to read: +5 min

There's a bunch of extra F1 live stream action to enjoy this weekend thanks to this season's first sprint events. We can show you how to watch the Azerbaijan F1 sprints online for free from anywhere too. Watch a free Azerbaijan F1 Sprint live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. How to watch the Azerbaijan F1 live streams with a VPNSign up for a VPN if you don't have one. Turn it on and set it to a country with a free live stream.

☆ Morgan Stanley says stock spinoffs trounce the market, and here are some upcoming opportunities
▼ + stars: | 2023-04-28 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

"Spin-offs present investors with a unique opportunity to capitalize on unlocked and potentially underappreciated value," Morgan Stanley strategists said in a note. It found that spinoffs outperformed the market by 10% two years after deal completion, while parent companies underperformed by 8%. The spinoff index posted a 9.1% total return, compared to the S & P 500's 6.7 return during the same period. Parent companies tend to get a boost leading up to a spinoff announcement as investors speculate on the move, but the pop usually fades post-announcement, Morgan Stanley said. Morgan Stanley highlighted a slew of companies that have recently announced a spinoff plan, including Fidelity National Information , BorgWarner , Liberty Media and Danaher.

☆ The College Board’s Secret Apology
▼ + stars: | 2023-04-27 | by ( The Editorial Board | ) www.wsj.com time to read: +1 min

Hundreds participate in the National Action Network demonstration in response to Gov. Ron DeSantis's rejection of a high school African American history course, Tallahassee, Feb. 15. Photo: Alicia Devine/Associated PressGov. “I have patiently and quietly watched the ubiquitous interviews and media assertions that AP would not make changes at the behest of any group beyond professors, teachers, and students,” wrote Nishani Frazier , a University of Kansas professor who sits on the AP course’s development committee. “If this is so, which student, professor, or teacher suggested adding black conservatives to the course over Combahee River Collective?”

☆ Opinion | The Dramatic, Comic, Tragic, True-Life Story Behind the Death of DVD.com
▼ + stars: | 2023-04-27 | by ( Pamela Paul | ) www.nytimes.com time to read: +3 min

Or I can allow for serendipity — movies appear in my mailbox that I barely remember adding in the first place. During the service’s glory days, you could easily sort movies by country of origin and display them in chronological order. This was well before streaming led the company to spin off DVD.com like a discarded training bra, a source of shame to what had become an entertainment behemoth. There is a cost to clinging to products and services as they shuffle off into obsolescence. It mutters out movie dialogue reluctantly, barely exceeding the swooshing sounds of the elliptical treads.

☆ Hyundai Shows Off 'Crab-Driving' Tech in Ioniq 5 Prototype: Video
▼ + stars: | 2023-04-27 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

Hyundai showed off a new technology called e-Corner in a recent video. Hyundai Mobis, the carmaker's parts division, released a new video of a technology it's developing called e-Corner. The clip shows a Hyundai Ioniq 5 electric vehicle pull up directly beside an open parking spot, turn all four wheels perpendicular to the curb, and just scoot right on in. Once again, the Ioniq 5 swivels its wheels outward, but this time the front and rear wheels spin in opposite directions, making the Ioniq 5 spin in place. Later in the video, the Ioniq 5 does a "pivot turn," where the front-right wheel stays in place while the back of the vehicle swings outward.

☆ Glencore says takeover bid for Teck Resources still stands
▼ + stars: | 2023-04-27 | by ( Clara Denina | ) www.reuters.com time to read: +1 min

April 27 (Reuters) - Glencore Plc (GLEN.L) said on Thursday its takeover bid for Teck Resources Ltd (TECKb.TO) still stands, after the Canadian miner scrapped a restructuring plan that would have ended it. It chief executive, Jonathan Price, repeated on Wednesday his objection to Glencore's bid, saying he would "not engage in something that is a distraction". Glencore's plan would combine and spin off its thermal coal unit and Teck's steelmaking coal business, while rebranding the rest of the operations as GlenTeck. Glencore also said it "remains committed to ensuring that its proposal delivers real benefits to Canada." On Monday, Chrystia Freeland, Canada's deputy prime minister, said Teck should remain headquartered there, providing the clearest indication to date that Ottawa was closely watching the takeover battle.

☆ UPS and FedEx are shrinking as packages evaporate. Automation could make the changes permanent.
▼ + stars: | 2023-04-27 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

Revenue in the first quarter was down 6% and package volume was down by 5.4%. Both UPS and FedEx are downshifting and planning futures with smaller, more efficient networks. But beyond initial cuts, UPS and FedEx are leaning into technology upgrades to shrink strategically and emerge from the doldrums more efficient. The company has already begun the combination of Ground and Express, which will involve closing Express facilities and moving those operations into nearby Ground buildings. These networks have long acted as a moat around UPS and FedEx — making entering the delivery space so expensive it was rarely attempted.

☆ TotalEnergies sheds Canadian oil sands, boosts output in lower-price environment
▼ + stars: | 2023-04-27 | by ( ) www.cnbc.com time to read: +1 min

TotalEnergies said its first-quarter adjusted net income fell 27% to $6.5 billion - in line with analyst expectations - due to lower oil and gas prices. French oil and gas major TotalEnergies said on Thursday it had accepted an offer to sell its carbon-heavy Canadian oil sands operations to Suncor Energy for $4.1 billion, with potential additional payments of up to $450 million. TotalEnergies said its first-quarter adjusted net income fell 27% to $6.5 billion - in line with analyst expectations - due to lower oil and gas prices. It confirmed it expected net investments of $16-18 billion this year, including $5 billion for low-carbon energies. But the margins on refining diesel will drop as Chinese exports increase and Russian volumes find new global buyers.

☆ Sam Altman is building his utopia, whether you want it or not
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

Altman told Insider, "We debate our approach frequently and carefully." "I don't think anyone can lose your dad young and wish he didn't have more time with him," Altman told Insider. Altman told Insider that his thinking had evolved since those posts. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ He's played chess with Peter Thiel, sparred with Elon Musk and once, supposedly, stopped a plane crash: Inside Sam Altman's world, where truth is stranger than fiction
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

But, "you do at some point need to start having contact with reality," he told Insider. The plan was still only a rough sketch, Blania told Insider, but that didn't seem to matter to his host. "He always wanted to understand everything at a very deep level," Thrun told Insider in an email. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ After testing more than 25 electric cars, these 5 were the most fun to drive
▼ + stars: | 2023-04-27 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

The electric Hummer, Porsche Taycan, Rivian R1T, and Pininfarina Battista are each a blast for different reasons. Kia EV6 GTThe 2023 Kia EV6 GT. Tim Levin/InsiderWarn your passengers to brace themselves before pinning it in Kia's new EV6 GT. The 2023 Kia EV6 GT. Porsche TaycanThe 2022 Porsche Taycan Cross Turismo Turbo S. Tim Levin/InsiderPorsches are renowned for their superior driving dynamics.

[1/5] A local resident leaves after a doctor's visit at a clinic in the liberated village of Vyshneva, near Kharkiv, in eastern Ukraine, April 21, 2023. He can be certain of one thing, however: many patients he meets will be suffering from high blood pressure after living for months under Russian occupation near the frontlines. "Patients who we chat to say there was a considerable number of deaths because of the lack of medical help." The World Health Organization estimates that the overall damage to the system could cost more than $15 billion to repair. But as more people return to liberated areas, a skeleton staff buttressed by volunteers will struggle to meet needs.

☆ Atos' cybersecurity unit drives sales ahead of split
▼ + stars: | 2023-04-27 | by ( Mathieu Rosemain | ) www.reuters.com time to read: +2 min

Home to assets deemed strategic by the French government, Atos is striving to regain investor confidence after several setbacks, heavy losses and sharp stock swings precipitated by governance instability. Eviden groups Atos' most coveted assets such as cybersecurity division BDS and supercomputers, fuelling speculation about interest from other players in the cybersecurity field, such as Thales (TCFP.PA). First-quarter revenue was up 2.8% from a year earlier to 2.81 billion euros ($3.11 billion), beating the analyst consensus provided by the company. Atos said its much-expected shareholder meeting would take place on June 28, amid strong criticism from some investors of board chairman Bertrand Meunier. ($1 = 0.9047 euros)Reporting by Mathieu Rosemain; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.

☆ TotalEnergies sheds Canadian oil sands, promises to reward shareholders
▼ + stars: | 2023-04-27 | by ( America Hernandez | ) www.reuters.com time to read: +2 min

TotalEnergies said its first-quarter adjusted net income fell 27% to $6.5 billion - in line with analyst expectations - due to lower energy prices. It also confirmed it expected net investments of $16-18 billion this year, including $5 billion for low-carbon energies. After European refining capacity was hampered by French strikes in the first quarter, TotalEnergies anticipates its facilities will ramp back up above 80%. TotalEnergies' share price was down around 1% in early trade, in line with falls across the sector and relatively weak oil prices . Analysts said its results were positive, as was the sale of carbon intensive oil sands given investors' focus on lower carbon energy.

☆ Flutter welcomes new UK gambling laws as 'significant moment' for sector
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +1 min

DUBLIN, April 27 (Reuters) - Flutter , the world's largest online betting company, said it welcomed the planned publication on Thursday of long-awaited British government proposals to crack down on problem gambling. "We welcome the publication of the White Paper, which marks a significant moment for the UK gambling sector. Whilst we will need to review the detail of the proposals once published, we believe proactive change will lead to a better future for our industry," Chief Executive Peter Jackson said in a statement. Jackson added that the Paddy Power, Betfair and Sky Bet owner had already introduced "industry-leading" safer gambling controls, including mandatory deposit limits for customers under 25, reducing online slots staking limits to 10 pounds per spin and investing in safer gambling operational capabilities. Reporting by Padraic Halpin; editing by Sarah YoungOur Standards: The Thomson Reuters Trust Principles.

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