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☆ Molly Carlson was in a ‘dark place’ prior to Rio Olympics. Now she is inspiring millions to talk about mental health
▼ + stars: | 2023-10-28 | by ( Aimee Lewis | Martynas Ruseckas | ) edition.cnn.com time to read: +12 min

Cliff diving helped the 25-year-old recover from what she calls a “year from hell,” overcoming loneliness and a binge eating disorder. “When I’m cliff diving, nothing matters other than me and the air, really. “I have the biggest passion for mental health, and I’ve learned so much from my personal experience that now it’s kind of become like my future,” she said. “What I learned during my experience was as soon as you talk about mental health with one person, it becomes real,” Carlson said. Quinn Rooney/Getty ImagesFor Carlson, competing in high diving at the Olympics would be more than just representing her country on the national stage.

Persons: Molly Carlson, Cliff, “, “ I’ve, ”, it’s, Carlson, Instagram, I’ve, ” Carlson, Romina Amato, Red Bull, ’, ’ Carlson, John Proctor, ” Proctor, Proctor, Dean Treml, Rhiannan Iffland, Valery Hache, messaged Carlson, people’s, BraveGang, –, “ We’ve, we’ve, Quinn Rooney, dethrone Iffland Organizations: CNN, CNN Sport, Pan, Team Canada, Olympic Games, Janeiro Games, Canadian, Olympics, Florida State University, FSU, Florida State Seminole, Atlantic Coast Conference, Getty Locations: TikTok, Fort Frances , Ontario, Canada, Thunder Bay, Nanjing, Montreal, AFP, South Africa, Los Angeles

☆ Opinion | There Is Another Paris
▼ + stars: | 2023-10-28 | by ( Cole Stangler | ) www.nytimes.com time to read: +3 min

Tourists visiting the Sacré-Coeur Basilica, the magnificent snow-white cathedral towering over northern Paris, tend to descend the Butte Montmartre the way they came up. But once they’ve had enough, they’ll most likely make their way down the south side of the hill, following the path of the funicular toward the recognizable sights of central Paris. This Paris exists mostly outside the gaze of tourists, the whopping 12.7 million people who visited the area this summer. But they refuse to abide by the half-theme-park, half-museum ambience that prevails in much of central Paris. Here, another Paris is alive and kicking.

Persons: they’ve Organizations: Coeur Basilica Locations: Coeur, Paris, Montmartre, Belleville, Eastern, Southern Europe, Maghreb, China

☆ Elon Musk’s Twitter takeover, the platform and its cultural impact have fundamentally changed
▼ + stars: | 2023-10-27 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +16 min

Here’s a (non-exhaustive) account of how Musk has fundamentally changed Twitter since he made one of the most consequential acquisitions of the social media age. Many of Musk’s content and product decisions have also led to what civil society groups have reported as a troubling spread of hateful speech on the platform. He recommended that X users monitor the Israel-Hamas conflict by following an account known for spreading disinformation, before later deleting his post. And, in an attempt to prove that former Twitter executives deliberately discriminated against conservatives on the platform, Musk provided a handpicked group of journalists with selective access to company records. It is perhaps Musk’s all-consuming presence that has most undermined what users used to love about Twitter.

Persons: New York CNN — It’s, Elon Musk, Linda Yaccarino —, Yaccarino, ” Yaccarino, —, it’s, Here’s, Musk, he’s, Donald Trump, LeBron James, James, ”, X, General Mills, ” Weeks, “ Elon, what’s, “, Paul Pelosi, Dilbert, Scott Adams, George Soros, Joe Biden’s, Ron DeSantis ’, Robert F, Kennedy, Jr, Tucker Carlson, Vivek Ramaswamy, Benjamin Netanyahu, Hunter Biden Organizations: New, New York CNN, Elon, Twitter, US Federal Trade Commission, Securities, Exchange Commission, EU, Premium, Nintendo, NPR, PBS, Volkswagen, —, Center, Defamation League, Wall Street, Florida Republican Gov, Fox, New York, Trump Locations: New York, Israel, United States, breakeven, New

☆ Is a Financial Advisor Worth It?
▼ + stars: | 2023-10-24 | by ( Bernice Napach | ) www.wsj.com time to read: +12 min

The right financial advisor can help you find the right answers to your life’s biggest, most difficult financial decisions. A one-time feeIf all you need is a comprehensive financial plan—a look at how your current savings, including your 401(k) and investments stack up—you don’t need to retain a financial advisor. When a financial advisor may be worth the costA financial advisor is worth paying for if they provide help you need, whether because you don’t have the time or financial acumen or you simply don’t want to deal with your finances. You want reassurancePlenty of investors work with a financial advisor for less tangible reasons too. ”It’s important that you get quality fiduciary advice on all those subjects because they’re irrevocable.”When a financial advisor probably isn’t worth the costThere are several financial areas where paying for a financial advisor may not be worth the cost, especially if you are willing to do a little basic research and have the discipline to stick to your goals.

Persons: Bernice Napach, ”, Rick Ferri, Read, it’s, that’s, won’t, Fee, Micah Hauptman, Peter Palion, —, “ They’re, ” Sheryl Garrett, Eric Amzalag Organizations: Vanguard, Ferri Investment Solutions, Investment, Consumer, Consumer Federation of America, IRS, Advisors, Garrett Planning Network, Peak Financial Locations: Georgetown , Texas, East Norwich, N.Y, Los Angeles

“'RAW' is just being authentic and being ourselves," says JT, who did most of the speaking in their interview with The Associated Press. Of course, that doesn't mean the album — true to their spirited party records and moments of real vulnerability — came easy. “I feel like, when creating music, it relates so much to your life, and as your life change, your music change. So, it's a lot of pressure from different sides, like people saying, 'Oh, you don’t sound like your old self. When asked about their place in hip-hop — on its 50th anniversary, no less — JT is acutely aware of City Girls' position.

Persons: Drake, JT, Yung, they've, hasn't, ‘, Lil Kim, ”, There's, Lil Durk, Luke, Kim Petras, “ Kim Petras, “, Usher, Chris Brown, Yung Miami, ’, It's Organizations: ANGELES, Girls, Yung Miami, Associated Press, Super, Floridian Muni Locations: Miami, “ City, Lock, ”

That shift in legal doctrine was profound, shaping how courts have applied antitrust law ever since. Khan’s ideas have challenged the closest thing to a sacred cow in antitrust law. The most ambitious of those never became law, but Khan’s role in the probe, which Cicilline described as “critical,” helped further raise her profile. Amazon and Meta have both pushed for Khan to recuse herself from matters involving the companies, questioning her objectivity. The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers.

Persons: Lina Khan, Khan, Stephanie Keith, ” Khan, “, Joe Biden, ”, William Kovacic, George W, Bush, Barry Lynn, Lynn, New America Foundation —, Obama, —, ” Lina Khan, Rong Xu, ” Lynn, it’s, ’ ”, Reagan, Robert Hockett, Khan’s, David Cicilline, Lina, ” Cicilline, Cicilline, Justin Tallis, Biden, Trump, Douglas Farrar, Gary Gensler, Tom Williams, Jonathan Kanter, Roe, Wade, Kevin Kiley, Meta, she’s, “ We’ve, they’re, Federal Trade Commission Lina Khan, Al Drago, Kathleen Bradish, Bradish, Christine Wilson, Wilson, Noah Phillips, Gabby Jones, NetChoice, Carl Szabo, “ It’s, ” Szabo, There’s, ” Kovacic Organizations: CNN, Federal Trade Commission, Amazon, FTC, Big, Microsoft, Meta, Bloomberg, Getty, Republican, White House, Williams College, New America Foundation, Washington Monthly, Yale Law, Washington Post, Cornell Law School, Big Tech, Rhode, Rhode Island Democratic, Apple, Facebook, Cambridge, Activision, SEC, Financial Services, General Government, Securities and Exchange Commission, Capitol, Justice Department, Epic Games, California Republican, Washington , D.C, American Antitrust Institute, GOP, US Federal Trade Commission, Amazon.com Inc Locations: Big Tech, Robbinsville , New Jersey, Washington, Larchmont , New York, Rhode Island, Washington ,, New York

New York CNN —Sheila Bair, who had a front row seat to the subprime mortgage meltdown, is worried today’s housing market is unsustainably hot. A housing bubble can form when prices rise to unsustainable levels. “I see much less speculation in the housing market today, thank goodness,” said Bair. ‘Dizzying heights’Legendary investor Jeremy Grantham shares Bair’s concern about a housing bubble. In many ways, today’s housing market is the polar opposite of the one that preceded the Great Recession.

Persons: Sheila Bair, ” Bair, Bair, ”, she’s, there’s, Jeremy Grantham, ” Grantham, Goldman Sachs, Fannie Mae, Priscilla Almodovar, it’s, ” Almodovar, Lawrence Yun, homebuyers shouldn’t, ” Yun, Yun, America doesn’t Organizations: New, New York CNN, National Association of Realtors, CNN, Federal Deposit Insurance Corp, NAR, “, UBS Locations: New York, Los Angeles, San Diego, Richmond, Cincinnati, Zurich, Tokyo, Miami, Toronto, Vancouver, London, America, “

[1/8] Asian Games - Hangzhou 2022 - Closing Ceremony - Hangzhou Olympic Sports Centre Stadium, Hangzhou, China - October 8, 2023 A view of the handover ceremony at the closing ceremony REUTERS/Marko Djurica Acquire Licensing RightsHANGZHOU, China, Oct 8 (Reuters) - China's eastern city of Hangzhou rounded off the 19th Asian Games on Sunday with a colourful and "joy"-themed closing ceremony after hosting the continental sporting extravaganza which organisers hailed as "one of the finest" ever. Taking place amid tight security the less-than two hour ceremony also included a handover to the hosts of the next Asian Games in 2026, the Japanese city Nagoya. The hosts' 201st gold left them two better than their previous best of 199 at the 2010 Guangzhou Asian Games. Organisers said 12,407 athletes from 45 nations competed in 40 sports at the Hangzhou Games, which were delayed for a year due to COVID-19. "We have hosted the most successful Asian Games in history" said Chen Weiqiang, Executive Secretary General of the Hangzhou Asian Games Organising Committee and vice-mayor of Hangzhou.

Persons: Marko Djurica, Li Qiang, jigged, Takashi Kawamura, Randhir Singh, Gu Shiau, Kazakhstan's Moldir, Chen Weiqiang, WADA, Martin Quin Pollard, Ian Ransom, Christian Schmollinger, Toby Chopra, Christian Radnedge Organizations: Hangzhou Olympic Sports Centre, Rights, Games, Nagoya, Mainichi, Olympic Council of Asia, energised, Bangkok Games, Hangzhou Games, Hangzhou Asian Games, Doping Agency, Olympic, Paralympic Games, Olympic Council of, OCA Locations: Hangzhou, China, Rights HANGZHOU, Nagoya, Nanjing, Aichi, Guangzhou, Jakarta, Japan, Macau, North, Korea, Olympic Council of Asia

☆ ‘Ring of fire’ annular eclipse: Here’s where to see it
▼ + stars: | 2023-10-07 | by ( Terry Ward | ) edition.cnn.com time to read: +11 min

Path of the ‘ring of fire’ eclipseBehold the beauty of an annular solar eclipse. For many, the event is being seen as a sort of warm-up for the 2024 total solar eclipse, which professor Mark Littmann calls “the gold standard” of eclipse viewing. It gives you a kind of an omen of what a total eclipse would look like.”Viewing an annular eclipse is far from routine: The next one won’t happen over the contiguous United States until 2046. Corpus Christi, TexasCorpus Christi residents and visitors will among the last to witness the annular eclipse on the US mainland. Santa Fe National Park, PanamaSanta Fe National Park in Panama will also enjoy the spectacular event.

Persons: Mark Littmann, ”, ” Littman, Debra Ross, ” Ross, Richard Tresch Fienberg, Bryce, ” Clark, Dave Clark, Del, Campspot, Yogi Bear’s, Clark, Christi, Chichén, Matthias Kestel Organizations: CNN, University of Tennessee, North, Eclipse, Task Force, “, CNN Travel, Utah, Capitol, Navajo Tribal, Boulder Mail, NASA, NOAA, Roswell Public Library, Grande Recreation, Alamo Beer Company, Omni, Corpus Christi, Christi, UNESCO, Santa Fe, Panama Santa Fe Locations: United States, Oregon , New Mexico, Texas, Antonio , Texas, Qingdao, Shandong Province, China, Oregon, Central, South America, Guatemala, Belize, Honduras, Nicaragua, Panama, Colombia, Brazil, Arizona, New Mexico , Utah, Colorado, Boulder, Bryce, annularity, Albuquerque, Roswell , New Mexico, New Mexico, Roswell, Grande, Antonio, San Antonio, Jose, Del Rio, Kerrville, Guadalupe, Bandera, Garner, Corpus Christi , Texas, Christi, Corpus Christi, Mexico, Corpus, North Padre, Uzmal, Mérida, Edzná, Campeche, of Mexico, Santa, Panama Santa, Santa Fe

☆ The Buenos Aires barber's books: a history of 19,900% inflation
▼ + stars: | 2023-10-07 | by ( Adam Jourdan | Thomson Reuters | Regional Bureau Chief In South Latin America With Previous Experience Leading Corporate News Coverage In China | ) www.reuters.com time to read: +8 min

REUTERS/Agustin Marcarian Acquire Licensing RightsBUENOS AIRES, Oct 7 (Reuters) - The hand-written entries in the two dozen notebooks - date, haircut, price - chronicle decades of a Buenos Aires barber's working life. A price of 15 pesos equaled $15 with the currency peg. In her first term the haircut price rose 117%, speeding to 200% in her second term. Haircut prices rose 133% in his four years. The earliest health insurance bill he has was 798 pesos in 2007, since when it has hit 142,636 pesos, outstripping his haircut prices.

Persons: Barber Ruben Galante, Luciano Munoz, Agustin Marcarian, Ruben Galante, Alberto Fernandez, it's, Galante, Javier Milei, he's, Carlos Menem, Raul Alfonsin, Fernando de la Rua, de la Rua, Nestor Kirchner, Cristina Fernandez de Kirchner, Nestor's, Mauricio Macri, That's, Milei, Patricia Bullrich, Sergio Massa, Luciano Muñoz, Diego Maradona, Lionel Messi, Adam Jourdan, Eliana Raszewski, Prinz, Claudia Parsons Organizations: REUTERS, Reuters, Reuters Graphics Reuters Graphics, Currency, Reuters Graphics, Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Belgrano, United States

BAJO CHIQUITO, Panama (AP) — Rain-swollen rivers only briefly slowed the otherwise uninterrupted flow of migrants through this jungle-covered border area separating Colombia and Panama and by midweek another 2,000 bedraggled migrants stumbled out of the Darien jungle. That efficiency combined with the unrelenting economic factors pushing migrants to leave countries like Venezuela, whose citizens account for the majority of them, have resulted in more than 400,000 migrants crossing the Darien this year. They made the crossing from Colombia in 2 ½ days, but Morales described it as “horrible.”“I don’t wish it for anyone. Morales said she saw three dead migrants along the way, including a woman who had apparently drowned in a river. In April, the U.S., Panama and Colombia announced a campaign to slow migration through the Darien jungle, but migrants’ numbers have only grown forcing the Biden administration to seek other options.

Persons: Alejandro Mayorkas, Kimberly Morales, Morales, ”, ” Morales, Biden, Gabriela Quijada, dizzily, “, Carliomar, …, ” Peña, Peña Organizations: U.S, . Homeland, Chiquito, Panama “, Colombian, U.S . Homeland Security Department, Bajo Chiquito Wednesday Locations: CHIQUITO, Panama, Colombia, Darien, Bajo Chiquito, Venezuela, Mexico, States, Costa Rica, Caracas, Panamanian, U.S, Latin America, United States, Bajo, Margarita, Merida

Built using AI technology, Eternity is one of the latest South Korean acts pushing the boundary between real and virtual entertainment. And she’s a natural-born actress.”Video Ad Feedback Are AI-powered virtual bands the future of K-pop? Using deepfake and motion capture technology, Pulse9 then produced the band’s first music video (to accompany the ironically titled track “I’m Real”) in 2021. Metaverse EntertainmentMetaverse Entertainment used AI technology to generate faces, merging the features and hairstyles deemed most desirable into four final characters. The music video for MAVE’s first single, “Pandora,” has already racked up 25 million views on YouTube since its release in January.

Persons: “, ”, Ji, Zae, Pulse9, Lil Miquela, “ I’m, Lee Soo, Netmarble, Metaverse, Kang Sung, MAVE’s, Pandora, Kang, Siri, ” Kang, ” Eternity's, — they’re Organizations: CNN, Pulse9, YouTube, South, SM Entertainment, Metaverse Entertainment, SM, Kakao Entertainment, Entertainment, Wall Street, Park Locations: “, South Korean, ”, Indonesian

“The electrons are very fast, and the electrons are really the workforce in everywhere,” Nobel Committee member Mats Larsson said. WHAT DISCOVERY WON THE NOBEL PRIZE IN PHYSICS? “Let’s take one second, which is the time of a heartbeat,” Nobel Committee chair Eva Olsson said. “I was very concentrated, forgot about the Nobel Prize and tried to finish my lecture,” L'Huillier told the AP. The physics prize comes a day after two scientists won the Nobel Prize in medicine for discoveries that enabled the creation of mRNA vaccines against COVID-19.

Persons: Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Mats Larsson, “, ” L’Huillier, ” L'Huillier, Eva Olsson, Mark Pearce, “ It's, that's, ” Krausz, Krausz, L'Huillier, ANNE L'HUILLIER, FERENC KRAUSZ, PIERRE AGOSTINI, L’Huillier, ”, wasn't, Agostini, it's, Max, Ludwig Maximilian, I'd, Wolf, Paul Corkum, Corkum, Alfred Nobel, ___ Borenstein, Mike Corder, Nicolas Garriga, Jan M, Olsen, Geir Moulson Organizations: STOCKHOLM, Lund University, Associated Press, “, Lund, Royal Swedish Academy of Sciences, Ohio State University, Max Planck, Quantum Optics, Ludwig, Ludwig Maximilian University of Munich, University of Ottawa, COVID Locations: French, Swedish, Hungarian, Sweden, Stockholm, “, Paris, Columbus, Washington, Leicester, The Hague, Netherlands, Copenhagen, Berlin

☆ Novak Djokovic drives from tee to green in Ryder Cup All-Star match
▼ + stars: | 2023-09-28 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

1 Kipp Popert against Ferrari driver Carlos Sainz and recent G4D winner Tomasso Perrino, it saw Djokovic swap racket for club – eventually. Sainz could not match the feat, the Spaniard wincing as his opening effort skewed towards the rough. That trend followed over the contest’s course, the highlight coming at the par four 16th when Djokovic boomed a laser-like drive 260 yards from tee to green. “I’m really happy they did because I wanted to go safe.”Djokovic reacts as spectators cheer his tee shot on the 16th hole during the All-Star Match on September 27. Jamie Squire/Getty ImagesAfter sailing to a 3-1 victory, Djokovic was full of praise for Poppert, who clinched his third consecutive G4D victory – and eighth overall – at the BMW PGA Championship earlier this month.

Persons: Novak Djokovic, Colin Montgomerie’s, Corey Pavin’s, Marco Simone Golf, Carlos Sainz, Tomasso Perrino, Sainz, wincing, Cristiano, Siu, ” Djokovic, “ I’m, Jamie Squire, Djokovic, Poppert, –, It’s, ” Poppert, “, Novak, I’ve, ” Sainz, Brendan Moran, Sportsfile, Bale, Scotland’s Montgomerie, Gareth Bale, Andriy Shevchenko, Monty’s Garret Hilbert –, Leonardo Fioravanti, Kathryn Newton, Victor Cruz, Montgomerie, Team Monty, ” Organizations: CNN, Formula, Ryder, Marco Simone Golf Club, Ferrari, –, BMW PGA, Pavin, Europe, Tottenham Hotspur, Real, Ukrainian, Hollywood, Super Bowl, Team Locations: Rome, Serbian, Wales, Real Madrid

☆ Her son was an accused cult leader. She says he was a victim, too.
▼ + stars: | 2023-09-23 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +16 min

The man talking on the tape was her son, Michael Protzman. Michael Protzman got swept up in this alternate reality. We spoke to dozens of Americans whose lives and families have been affected by conspiracy theories, including Protzman’s own family. After Michael Protzman died this summer, some of his followers refused to believe he had passed. Vigrass never imagined that the conspiracy theories her brother was airing at the kitchen table could lead to him to join what she views as a cult.

Persons: CNN’s, O’Sullivan, Anderson Cooper, CNN —, “ John John, … Trump, Joe Kennedy, George Patton, Mussolini … ” Colleen Protzman, Michael Protzman, ”, “, John F, Kennedy Jr, Donald Trump, Kennedy, Junior —, “ He’ll, Trump, Jesus Christ, reemerge, opportunists, Protzman, Michael Brian Protzman, Michael “, Colleen Protzman, Michael, it’s, Sandy, ” Colleen Protzman, —, QAnon, Barack Obama, Rachel Maddow, Donie O'Sullivan, Michal Protzman, didn’t, JFK, Erica Vigrass, Jason, Erica, ‘ I’m, ’ ” Protzman’s, – Protzman, Erica Vigrass ’, Vigrass, ” Protzman, Jason –, They’re, Jesselyn Cook, It’s, Diane Benscoter, General, ” Benscoter Organizations: JFK, CNN, Dealey, Junior, Junior — JFK, WFAA, JFK Jr, Trump, Kennedys, Democratic Party, Michael Protzman CNN, Dallas CNN, Dealey Plaza, Dallas, Capitol, Facebook, Twitter, Hollywood, Unification Church, US Locations: United States, Dallas, JFK, Minnesota, Seattle, Washington, Dealey, –

☆ Your Fitbit and Apple Watch may wind up hurting you
▼ + stars: | 2023-09-21 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +13 min

AdvertisementAdvertisementWhen numbers take overThe 10,000-step benchmark has generally been the baseline goal for smartphone apps and fitness trackers. When the Fitbit tracker launched in 2009, 45 years after Yamasa's gadget cemented the 10,000-steps ideal in the public consciousness, it kick-started a boom in fitness wearables and spawned a frenzy for health data. This flood of easily accessible health data has certainly had some positive effects. Many fitness-tracking products also incorporate social-sharing features, which can give us a better perspective on how our exercise habits stack up against our friends', providing a little healthy competition as motivation. Many health- and fitness-tracking apps and wearables issue notifications throughout the day to urge their users toward their movement goals.

Persons: I've, Amanda Paluch, —, Paluch, John Toner, Toner, Cathleen Kronemer, Louis, she's, Kronemer, there's, I'm, Kelli María Korducki Organizations: Apple, US Department of Health, Human Services, University of Massachusetts Amherst, University of Hull, Health, Washington University School of Medicine, — Locations: East Asia, St, New York City

LOS ANGELES (AP) — This week the United States’ biggest newspaper chain posted to its site two unusual job listings: a Taylor Swift reporter and a Beyoncé Knowles-Carter reporter. Political Cartoons View All 1157 ImagesSome journalists criticized the listings for presenting superfan behavior as a full-time journalism job, especially as job opportunities shrink and music journalists are paid low wages. “If there wasn’t that component to it, there wouldn’t be a Beyoncé reporter,” Tinsley said. “It is a bit odd, but Taylor Swift Inc., I guess you would call it, is a big economic driver right now,” said Eric Grode, director of the Goldring Arts Journalism and Communications program at Syracuse University. Representatives for Swift and Beyoncé did not immediately respond to requests for comment.

Persons: Taylor Swift, Knowles, Carter, it'll, Beyoncé Knowles, Omise’eke Tinsley, “, ”, ” Tinsley, Amy Chozick, Hilary Clinton, Suzy Exposito, ” Exposito, Eric Grode, “ Taylor Swift, Grode, ” Rick Edmonds, Taylor, Exposito, Soraya Roberts, Tinsley, Swift, Beyoncé, David Bauder Organizations: ANGELES, States ’, Gannett, USA, Swift, New York Times, Los Angeles Times, Taylor Swift Inc, Goldring Arts Journalism, Communications, Syracuse University, Poynter Institute, AP Locations: Nashville, Beyoncé, New York

☆ Birkenstock, German Maker of Iconic Sandals, Files for I.P.O. in New York
▼ + stars: | 2023-09-13 | by ( Melissa Eddy | More About Melissa Eddy | ) www.nytimes.com time to read: +3 min

In recent years, the brand has introduced its sandals made with non-animal materials and a dizzying array of styles and colors. But the shoes’ appeal reaches across generations, making them as popular with millennials as they are with the boomer generation. Potential Risks: The trick of taking tradition publicBirkenstock’s statement said the company would face a number of risks in going public. Among them are the dangers posed by counterfeit products, it said, along with the “intense competition” from established companies and newcomers in the shoe market. “The transition from a historically family-owned German company to a publicly held company listed on a U.S. stock exchange may negatively impact our reputation,” the statement said.

Persons: Oliver Reichert, “, Mr, Reichert, “ Barbie, ”, Barbie, Christian Dior, Manolo Blahnik, Stüssy, Valentino Garavani Organizations: U.S, Birkenstocks Locations: Germany, New York, Milan, €, U.S

☆ From ‘Data Dumping’ to ‘Webbing’: How Robert F. Kennedy Jr. Sells Misleading Ideas
▼ + stars: | 2023-09-12 | by ( Stuart A. Thompson | More About Stuart A. Thompson | ) www.nytimes.com time to read: +1 min

When Robert F. Kennedy Jr., the anti-vaccine activist running a long-shot campaign for president, tried to warn about vaccine risks during a podcast interview in the early days of the pandemic, he used a rhetorical device known as data dumping that is commonly used by conspiracy theorists. In a dizzying three-minute monologue, he offered a litany of acronyms, numbers and obscure methodologies to falsely conclude that vaccine injuries were remarkably common. Mr. Kennedy often communicates with such flourishes, giving his misleading claims an air of authority, according to experts who study disinformation and language. That has helped him share his misleading views on vaccines, 5G cellular technology and global farming. Although his campaign has been fading in recent weeks, and he doesn’t appear to pose a threat to President Biden, the findings show how a high-profile figure can spread false and misleading ideas at a large scale.

Persons: Robert F, Kennedy Jr, Kennedy, Biden Organizations: New York Times, Brookings Institution Locations: Washington

The collection amassed by Jein, who died last year at age 76, will be offered up by Heritage Auctions next month in Dallas. Jein, who had an Oscar and Emmy nominated career making miniature models, was also a collector of costumes, props, scripts, artwork, photographs and models from the shows he loved. But a small preliminary model, which is about 5 inches (12 centimeters) long, is among Jein's creations that will be offered at the auction. Chang said Jein loved his work and also had a passion to learn about a wide array of topics. After Jein died, his cousin found that his book collection spanned topics from cooking to the military.

Persons: Greg Jein, Jein, “, Joshua Benesh, ” Jein, Steven Spielberg's, Benesh, ”, William Shatner, Kirk, Leonard Nimoy’s “ Mr, Spock, ” Lou Zutavern, Jein’s, ” Zutavern, Jerry Chang, Chang, Chang's, you’d, ” Chang Organizations: DALLAS, “ Star, Heritage Auctions, Air and Space Museum, “, Hollywood, California State University , Los Locations: Dallas, Los Angeles, dumpsters, California State University , Los Angeles, Hollywood

☆ The case for owning stocks over bonds is crumbling
▼ + stars: | 2023-09-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —The allure of owning stocks over less risky investments is at its lowest level in decades, according to one measure, despite the equity market’s race upward this year. At the same time, hot economic data has helped push Treasury yields higher in recent months. Treasury bonds are generally seen as safer investments than stocks, since they’re issued by the US government, which has never defaulted on its debt. One way to calculate that premium is by subtracting the estimated return on nearly risk-free bonds from that of stocks: in this case, the spread between the S&P 500 index earnings yield and 10-year Treasury yield. The bigger question might be: Why did Swift decide to release her highly anticipated film in theaters over a streaming service?

Persons: Bonds, they’re, Treasuries, ”, Seema Shah, Shah, Taylor Swift, Swift, Read, Bryan Mena Organizations: CNN Business, Bell, CNN, Federal, Treasury, Asset Management, Stocks, Federal Reserve, AMC Theaters Locations: Taylor, North America

☆ Rewards Cards: Put Those Points to Work
▼ + stars: | 2023-09-07 | by ( Julie Weed | ) www.nytimes.com time to read: +1 min

Sign-up bonuses, lounge access, cash rebates, free hotel rooms and plenty of fine print: The dizzying promotions and Byzantine rules on earning and redeeming points with rewards credit cards can make your head spin. Rewards cards offer three types of value. There is typically a sign-up bonus, up to 120,000 points or miles after spending a minimum amount within a certain period. Make partnerships work for youA co-branded card, like the Alaska Airlines Visa Signature (fee $95), helps you achieve status faster with that airline. Hotel chains offer similar co-branded cards.

Persons: Autopay Organizations: Alaska Airlines Visa, Hyatt Visa, Marriott Locations: Alaska

☆ 'We are ready to engage': Europe's biggest carmakers brace for China's EV challenge
▼ + stars: | 2023-09-04 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

BMW CEO Oliver Zipse speaks during the presentation of the new BMW "New Class" during an event ahead of the IAA motor show in Munich. Europe's dominant position in the automotive sector was established over many decades through its capacity to build superior combustion engines. The German behemoth has already created automotive software company CARIAD, as well as partnering with Chinese EV startup Xpeng, joint venture partner SAIC and autonomous driving company Horizon Robotics. watch nowHe added that Volkswagen has established "huge cost initiatives" and sees big opportunities to scale up its EV production while reducing battery production costs by 50%. Our electricity costs compared to China or North America are too high," Skoda CEO Klaus Zellmer told CNBC on Monday.

Persons: Oliver Zipse, Christophe Périllat, Luca De Meo, Ampere, De Meo, CNBC's Annette Weisbach, Oliver Blume, " Blume, Blume, Klaus Zellmer, Joe Biden's, BEV, Zellmer Organizations: BMW, IAA, Getty, CNBC, Volkswagen, Renault, IAA Mobility, SAIC, Horizon Robotics, Volkswagen Group, CRU Group, Skoda Locations: Munich, China, Europe, North America, U.S, Canada, Spain, Germany

☆ Climate Change Is Killing the Sun-Seeking Summer Vacation - The New York Times
▼ + stars: | 2023-09-03 | by ( Henry Wismayer | ) www.nytimes.com time to read: +2 min

As a general rule, the response of tourists to upheaval is a barometer of a destination’s perceived stability. The future of the climate crisis portends the far grimmer prospect of disruption without end. Placed alongside the more mortal implications of catastrophic shifts in our climate, the upending of vacation plans might seem trivial. However, it reveals something about climate change’s totalizing potential and the extent to which persistently violent and volatile weather might compromise our quality of life. But in every case, it will become harder to see our best-laid plans through to fruition, and that threatens the foundations of hope.

Persons: ”, John Urry Locations: “

As a result, investing in equal-weighted ETFs that provide a more diversified approach and offer exposure to old economy-linked sectors such as energy and manufacturing are coming back in favor as investors look to broaden their exposure beyond Big Tech. Laura Cooper of BlackRock said the company's "highest conviction call" in the United States is the S&P 500 equal-weight. The $42-billion Invesco S&P 500 equal-weighted ETF , which mirrors the performance of the S&P 500 equal-weight index (.SPXEW), saw inflows of $8.80 billion from the beginning of June through Aug. 25, according to Refinitiv Lipper data. In comparison, the much larger $402-billion SPDR S&P 500 ETF Trust , which tracks moves in the market cap weighted S&P 500 (.SPX), bled $10.88 billion during the same period. Invesco S&P 500 equal-weighted ETF drew $4.85 billion inflows in June, the most since the fund was launched in 2003, followed by $3.53 billion in July, the second highest on record.

Persons: Brendan McDermid, Laura Cooper, BlackRock, Cooper, Dan Boardman, Jake Dollarhide, BlackRock's Cooper, Sruthi Shankar, Medha Singh, Sweta Singh, Shounak Organizations: New York Stock Exchange, REUTERS, U.S . Federal, Big Tech, iShares EMEA, BlackRock, Trust, BRI Wealth Management, Apple, Microsoft, Nvidia, Google, Facebook, Meta, Nasdaq, Longbow Asset Management Company, Thomson Locations: New York City, U.S, United States, Weston, Bengaluru

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