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☆ Winter Sweater Showdown: Why Cotton Rivals Cashmere This Season
▼ + stars: | 2023-10-20 | by ( Todd Plummer | ) www.wsj.com time to read: +1 min

A SHEEP IN COTTON CLOTHING: OK, this illustration actually shows a cashmere goat, but he’s comfortably clad in a cotton crewneck. She replaced her namesake line’s merino-wool-blend sweaters with cotton knits, which she now sells year-round—even in winter. The 100% cotton styles range from a cold-weather cable-knit turtleneck to a four-seasons-friendly striped option. “And nobody has said, ‘I miss the merino.’”Most people view cotton sweaters, unfairly, as summer-only options. But if you pick the right ones, cotton knits can hold their own in cooler months.

Persons: he’s, Molly Moorkamp, line’s, ”, ‘, ’, ovine, Alex Mill, Buck Mason, Roald Amundsen — Locations: New York, Kule

VATICAN CITY (AP) — Two Vatican trials are coming to a head this week and posing uncomfortable questions for the Holy See, given they both underscore Pope Francis’ power as an absolute monarch and the legal, financial and reputational problems that can arise when he wields it. The rationale: The pope hired Milone and then wanted him out, and the court has no right to judge his decisions. For Vatican prosecutors, that amounted to extortion. The Vatican is the lone absolute monarchy left in Europe, with Francis wielding supreme legislative, executive and judicial power. While he delegates that power on a day-to-day basis, he is still pope and what he says goes.

Persons: Pope Francis ’, Libero Milone, Francis, “, ”, Milone, Vatican, Gianluigi, Rene Bruelhart, Tommaso Di Ruzza, didn’t, Monsignor Edgar Pena Parra, Torzi, Pena Parra, Bruelhart, Filippo Dinacci, Di Ruzza, Roberto Borgogno, Di Ruzza's, –, Filippo Di Giacomo, Francis ’ Organizations: VATICAN CITY, Vatican, ” Prosecutors, Prosecutors, Islamic, RAI Locations: London, British, Torzi, Britain, Luxembourg, Vatican, Europe

☆ ‘Rivals’ Review: An Experiment in Amiability
▼ + stars: | 2023-10-18 | by ( David A. Shaywitz | ) www.wsj.com time to read: +1 min

The physicists Niels Bohr and Albert Einstein disagreed strongly on various points yet remained close friends. He hoped to deduce all observable phenomena—the paths of planets, the beating of the heart—from a few foundational laws or principles. After years of effort, and despite triumphs such as the invention of analytic geometry, he conceded defeat. But he had little interest in engaging with other researchers or relying on the assistance of volunteers (who would distract him with “useless conversation”). Descartes, explains the historian of science Lorraine Daston, “was probably the last major thinker to believe that science could be conducted in splendid solitude.”

Persons: Niels Bohr, Albert Einstein, René Descartes, Descartes, Lorraine Daston, “, ” Organizations: Getty

☆ More than 4 out of 5 of bosses are 'accidental managers' who stumble into leadership with little training, a UK survey found
▼ + stars: | 2023-10-17 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Around 82% of bosses lack any formal leadership or management training and qualifications. A new survey by the Chartered Management Institute surveyed over 4,500 managers and workers in the UK. The Chartered Management Institute released a nationwide study of UK management and leadership in October. Just over half of managers said they don't hold any management or leadership qualifications and a third said they had never received formal management and leadership training. Only 27% of workers rated their manager as highly effective and 37% said they're somewhat effective, the CMI survey showed.

Persons: —, YouGov, They're, they're, René Organizations: Chartered Management Institute, Service, CMI, Gallup

☆ Bankruptcies in Europe to level off late next year at earliest -Scope
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

BERLIN, Oct 12 (Reuters) - The number of companies in Europe that go insolvent will keep growing until at least late next year as higher interest rates and tougher financing conditions weigh on businesses, according to a Scope Ratings analysis seen by Reuters on Thursday. European companies will be on the hook for about 8.2 billion euros ($8.71 billion) in additional interest payments in refinancing maturing capital-market debt next year, it said. Those extra interest costs from durably higher borrowing rates are set to increase again in 2025 and 2026, it said. Assuming a similar scenario for bank debt, extra annual interest paid in 2024 will grow to more than 40 billion euros. ($1 = 0.9414 euros)Reporting by Rene Wagner, Writing by Miranda Murray, Editing by Friederike Heine, Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Persons: Rene Wagner, Miranda Murray, Friederike Heine, Robert Birsel Organizations: Reuters, European Union, Thomson Locations: Europe

☆ SoftBank CEO Son says artificial general intelligence will come within 10 years
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Oct 4 (Reuters) - SoftBank (9984.T) CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realised within 10 years. Speaking at the SoftBank World corporate conference, Son said he believes AGI will be ten times more intelligent than the sum total of all human intelligence. He noted the rapid progress in generative AI that he said has already exceeded human intelligence in certain areas. Arm CEO Rene Haas, speaking at the conference via video, touted the energy efficiency of Arm's designs, saying they would become increasingly sought after to power artificial intelligence. Son said he thinks he is the only person who believes AGI will come within a decade.

Persons: Masayoshi Son, Son, AGI, SoftBank, Rene Haas, Haas, Anton Bridge, Tom Hogue, Edwina Gibbs Organizations: Thomson Locations: TOKYO

☆ SoftBank CEO says artificial general intelligence will come within 10 years
▼ + stars: | 2023-10-04 | by ( ) edition.cnn.com time to read: +2 min

Tokyo Reuters —SoftBank CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realized within 10 years. Speaking at the SoftBank World corporate conference, Son said he believes AGI will be ten times more intelligent than the sum total of all human intelligence. He noted the rapid progress in generative AI that he said has already exceeded human intelligence in certain areas. He also introduced the idea of “Artificial Super Intelligence” at the conference which he claimed would be realized in 20 years and would surpass human intelligence by a factor of 10,000. Son said he thinks he is the only person who believes AGI will come within a decade.

Persons: Masayoshi Son, Son, AGI, ”, He’s, Rene Haas, Haas Organizations: Tokyo Reuters —, ” Locations: Tokyo

☆ Building collapse in Havana kills at least one, others trapped
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

HAVANA, Oct 4 (Reuters) - A building partially collapsed in the Cuban capital Havana on Tuesday night, killing at least one person and leaving at least two others trapped beneath the rubble, the municipal government said. The collapse in the Old Havana tourist district gutted the insides of the decrepit building that was home to 13 families and 54 people. It wrenched terraces off its facade and trapped many people beneath piles of rubble and rebar. One person had been killed and two others were hospitalized in critical condition, the municipal government said in a statement. The building collapse is the latest in a series of disasters that have beset crisis-racked Cuba, including a gas explosion that destroyed Havana´s Saratoga Hotel in 2022 and a massive tank farm fire in Matanzas, an hour east of the capital, several months later.

Persons: Rene Mesa Villafaña, Dave Sherwood, Angus MacSwan Organizations: Havana, Thomson Locations: HAVANA, Cuban, Old Havana, Cuba, Havana, Matanzas, U.S

☆ New Zealand starts new tourism campaign as post-COVID visits lag
▼ + stars: | 2023-10-03 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

Tourism New Zealand/Handout via... Acquire Licensing Rights Read moreWELLINGTON, Oct 3 (Reuters) - New Zealand is launching a new tourism campaign with Kiwi director and actor Taika Waititi to attract visitors after the sector was hammered by COVID-19 and border closures. Visitors from United States are a major target audience, said Rene de Monchy, chief executive for Tourism New Zealand. The film, shot in December 2022, will also play on social media platforms in Australia, Germany, the UK and parts of Asia. Prior to COVID and the closure of New Zealand's borders, international tourism was New Zealand's largest source of foreign exchange and accounted for about 5.5% of gross domestic product. ($1 = 1.6810 New Zealand dollars)Reporting by Lucy Craymer; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Waititi, Jade Daniels, Taika Waititi, Rene de Monchy, we've, Lucy Craymer, Richard Chang Organizations: HBO, Tourism, Kiwi, Visitors, Tourism New, Zealand, Thomson Locations: Zealand, New Zealand, Tourism New Zealand, WELLINGTON, United States, Australia, Germany, Asia, Zealand's, Kaikoura, Auckland

☆ One family’s battle to be reunited with art looted by the Nazis
▼ + stars: | 2023-10-02 | by ( Aurore Laborie | ) edition.cnn.com time to read: +14 min

The lawyer — Laurence Eisenstein, whose firm works to recover artwork looted by the Nazis — said he’d been speaking to a British scholar who’d come across the name René Gimpel in art collectors’ archives. Thousands of objects lost or lootedAs well as being a famous gallerist of his time, René Gimpel was a very well-connected man. Captured sometime between 1916 and 1933, it showed the three Derain paintings in question hanging on the art dealer’s wall. In 2020, seven years after they began their fight, the Gimpel heirs were finally reunited with the three Derain paintings. Dumas said this is often not the case for Jewish families trying to recover their ancestors’ stolen art.

Persons: Claire Gimpel’s, — Laurence Eisenstein, —, he’d, who’d, René, Eisenstein, Claire, Ian Locke, ” Claire, he’s, André Derain, Claude Monet, René Gimpel, Clarisse Vuitton, Louis Vuitton’s, Monet, Georges Braque, Henri Matisse, Pablo Picasso, Marcel Proust, Johannes Vermeer, ”, Monte, Odile Firer, — René, — Locke, Hôtel Doucet, ’, “ I’m, Palais Bourbon —, Locke, “, Crécy, Corinne Hershkovitch, ” Hershkovitch, Sarah Tilotta, Margaux Dumas, Diderot, Derain, Benoît Payan, Payan, Dumas, Marseille's, Benoit Payan, Gimpel, Alain Robert, SIPA, They’re Organizations: France CNN —, CNN, Gestapo, Europe —, Palais Bourbon, Chapelle, Ministry of Culture, French Ministry of Culture, University Paris, Technical University Berlin, Smithsonian Archives, American Art, Mayor, French Ministry of, Belgium ”, ” Locations: Paris, France, British, French, Gimpel, Vichy France, Cannes, French Vichy, Neuengamme, Hamburg, Europe, Spontini, German, Nice, Troyes, Marseille, René’s Paris, Vichy, Belgium

☆ Arm CEO Rene Haas: We have a lot of growth in data center
▼ + stars: | 2023-09-29 | 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 EmailArm CEO Rene Haas: We have a lot of growth in data centerArm CEO Rene Haas joins 'Squawk on the Street' to discuss his reaction to the stock's price action post-IPO, where the company's growth will come from, and more.

Persons: Rene Haas

☆ Watch CNBC's full interview with Arm CEO Rene Haas
▼ + stars: | 2023-09-29 | 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 EmailWatch CNBC's full interview with Arm CEO Rene HaasArm CEO Rene Haas joins 'Squawk on the Street' to discuss his reaction to the stock's price action post-IPO, where the company's growth will come from, and more.

Persons: Rene Haas

The five-year plan includes proposed sales in the Gulf of Mexico — the nation’s primary offshore source of oil and gas — in 2025, 2027 and 2029. The three lease sales are the minimum number the Democratic administration could legally offer if it wants to continue expanding offshore wind development. The lease program will guard against environmental damage caused by oil and gas drilling and other adverse impacts to coastal communities, Haaland said. “The (oil leasing) program is definitely informed by the IRA and the connection that the IRA makes between offshore oil and gas leasing and renewable energy leasing,” he said Thursday, referring to the Inflation Reduction Act. The Interior Department can’t sell the rights to drill for oil and gas offshore without first publishing a schedule that outlines its plans.

Persons: Joe Biden's, Biden, Democratic Sen, Joe Manchin, Manchin, Harris, Deb Haaland, ”, Haaland, “, Biden's, Ryan Lance, Willow, Dyani Chapman, Tommy Beaudreau, Interior Department can’t, Rene Santos, Santos, Beth Lowell, Abigail Dillen, Sen, Dan Sullivan, ___ Brown, Becky Bohrer Organizations: WASHINGTON, Democratic, Biden, Interior Department, Interior Department’s, of Ocean Energy Management, drillers, BP, ExxonMobil, ConocoPhillips, Alaska Environment, Interior, P, Gulf, American Petroleum Institute, Chevron, Associated Press Locations: Gulf of Mexico, Alaska, Gulf, Mexico, West Virginia, Chevron, Brazil, Guyana, Louisiana, Oceana, Gulf Coast, Billings, Mont, Juneau , Alaska

☆ CNBC Daily Open: Thinking about tech
▼ + stars: | 2023-09-27 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Alibaba unit IPO Alibaba plans to list its logistics unit Cainiao in Hong Kong, the Chinese e-commerce giant said in a regulatory filing on Tuesday. It's the first to announce listing plans among the six business units as a result of one of the most radical shake-ups in Alibaba's history . The company split its structure into six business units, and hopes most of them will be able to raise outside funds and go public.

Persons: Rene Haas, It's, Dimon, — Dimon, it's, Jerome Powell, Jamie Dimon, Neel Kashkari, Herman Narula, Narula, Alibaba Organizations: Arm, Nasdaq, CNBC, TV18, Dow Jones, Dow, Financial, Treasury, Federal, JPMorgan Chase, Minneapolis Federal, Tech Locations: New York City, Hong Kong, Ukraine, America, China, India, U.S, Minneapolis

☆ MLB roundup: Brewers clinch NL Central despite loss to Cards
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +10 min

Brewers starter Adrian Houser (7-5) allowed four runs on three hits in five innings, striking out five and walking two. Aaron Nola pitched 6 2/3 innings and allowed four hits and one run with eight strikeouts and no walks. Red Sox starter Tanner Houck (5-10) allowed seven runs (six earned) on 10 hits over three innings. White Sox starter Jose Urena (0-7) allowed seven runs (four earned) and four hits in four innings. Los Angeles starter Bobby Miller (11-4) allowed two runs on seven hits and no walks while striking out nine in seven innings.

Persons: Miles Mikolas, Michael McLoone, Drew VerHagen, Ryan Helsley, Adrian Houser, Carlos Santana, Johan Rojas, Rojas, Brandon Marsh, Aaron Nola, Jeff Hoffman, Henry Davis, Bryan Reynolds, Mitch Keller, Matt Wallner, Alex Kirilloff, Donovan Solano, Christian Vazquez, Seth Brown, Connie Mack, Nolan Jones, Brendan Rodgers, Chase Anderson, Tyler Kinley, Jason Heyward, Caleb Ferguson, Elly De La Cruz, De La Cruz, Christian Encarnacion, Strand, TJ Friedl, Spencer Steer, Cleveland's Bo Naylor, Kole Calhoun, Andres Gimenez, Gunnar Henderson, Kyle Bradish, Yennier Cano, Josiah Gray, Keibert Ruiz, Luis Garcia, Akil Baddoo, Parker Meadows, Spencer Torkelson, Jason Foley, Salvador Perez, Nick Pratto, Nick Loftin, Zack Greinke, Austin Wells, Clay Holmes, Jordan Romano, Kevin Gausman, Manuel Margot, Rene Pinto, Zach Eflin, Enmanuel Valdez, Harold Ramirez's, Jonathan Aranda, Valdez, Tanner Houck, Seiya Suzuki, Sean Murphy, Suzuki, Matt Olson, Drew Smyly, Brad Hand, Raisel Iglesias, Christian Walker, Ketel Marte, Marte, Eloy Jimenez, Andrew Benintendi, Andrew Vaughn, White, Jose Urena, Freddie Freeman, James Outman, Max Muncy, Enrique Hernandez, Bobby Miller, Elehuris Montero, Charlie Blackmon, Ryan Feltner, Brandon Drury, Reid Detmers, Michael Stefanic, Eduardo Escobar, Corey Seager, Bruce Bochy, George Kirby, Ty France, Cal, Cristian Javier, Juan Soto, Seth Lugo, Lugo, Josh Hader, Wilmer Flores, John Brebbia, Soto's, Soto, Ryan Walker Organizations: Louis Cardinals, Milwaukee Brewers, Milwaukee, Brewers, National League Central, Chicago Cubs, Atlanta, Cards, Phillies, Pirates, Philadelphia, Pittsburgh, Athletics, Minnesota, Oakland, American League Central Division, Twins, Philadelphia Athletics, Rockies, Dodgers, Colorado, Los Angeles, Reds, Cincinnati, Orioles, Baltimore, AL East, Nationals, Washington, Tigers, Royals, Detroit, Kansas, Royals . Kansas City, Yankees, Blue Jays, New York, Toronto, Rays, Red Sox, Tampa Bay, Boston, The Rays, Boston . Red Sox, Braves, Cubs, Chicago, NL, Miami Marlins, New York Mets, Diamondbacks, White Sox, Arizona, Angeles, Los, The Dodgers, Rangers, Detmers, Mariners, Astros, Seattle, Houston, Kirby, Padres, Giants, Thomson Locations: Milwaukee , Wisconsin, USA, Milwaukee, Minneapolis, Oakland, Los, Denver, Cleveland, Washington, Chicago . Arizona, Colorado, Los Angeles, Angeles, Texas, Anaheim , Calif, Houston, Cal Raleigh, France, Diego, San Francisco

Gwinnett County police said Emanuel Rene Esfahani, a 20-year-old Lawrenceville man, turned himself in Tuesday and is charged with five counts of vehicular homicide. He's also charged with reckless driving, racing, speeding, unsafe lane change and not wearing a seatbelt. Investigators say Esfahani was racing a pickup truck driven by 18-year Hung Nguyen about 4 a.m. on Labor Day on Georgia 316 when the two came upon a slower vehicle. But Esfahani came upon a truck stopped in the emergency lane and swerved left, striking Nguyen's Toyota Tacoma. One had not been wearing a seatbelt, but investigators could not determine if the second passenger had been wearing one.

Persons: Emanuel Rene Esfahani, He's, Esfahani, Hung Nguyen, Nguyen, Katy Gaitan, Ashley Gaitan, Coral Lorenzo, Abner Santana, Lorenzo, Jonathan Reyes, Ryan Winderweedle Organizations: Associated Press, Labor, Georgia, Police, Infiniti, Toyota, Atlanta, Lawrenceville, Lakeside High School, Tacoma Locations: DULUTH, Ga, Georgia, Atlanta, Gwinnett, Lawrenceville, Gwinnett County, Toyota Tacoma, DeKalb County, Tacoma

Growth of 0.3% had been expected in the institutes' spring forecasts. The so-called Joint Economic Forecasts are to be presented in Berlin on Thursday. The economics ministry usually updates its forecasts incorporating the results of the Joint Economic Forecasts. For 2024, the institutes - four German and one Austrian - forecast GDP growth of 1.3%, down from 1.5% previously. The Joint Economic Forecasts are prepared by the Ifo Institute, the Halle Institute for Economic Research, the Kiel Institute for the World Economy, the RWI – Leibniz Institute for Economic Research and the Austrian Institute of Economic Research.

Persons: Annegret, Christian Kraemer, Rene Wagner, Maria Martinez, Rachel Armstrong, Kirsti Knolle, Sharon Singleton Organizations: REUTERS, Rights, Reuters, Ifo Institute, Halle Institute for Economic Research, Kiel Institute, Institute for Economic Research, Austrian Institute of Economic Research, Thomson Locations: Berlin, Germany

☆ German export sentiment drops to three-year low - Ifo
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

In its fifth consecutive month of decline, the institute's export expectations indicator fell to minus 11.3 points in September, from minus 6.5 points in August. "Germany's export economy is going through a weak phase," Klaus Wohlrabe, head of surveys at Ifo, said. "It's likely that export demand won't pick up again significantly until next year," he added. Wohlrabe said higher interest rates were dampening demand for German goods. Last month's hopes for growth in the German chemical industry did not materialize in September, according to the survey.

Persons: Fabian Bimmer, Klaus Wohlrabe, Wohlrabe, Amir Orusov, Rene Wagner, Rachel More Organizations: REUTERS, Thomson Locations: Bremerhaven, Germany, Ifo

“The idea of the hysterical woman trope really does persist today,” the soprano said ahead of Thursday night’s premiere of Rene Orth’s musical adaptation at Opera Philadelphia. An all-woman creative team was commissioned to develop the work by Opera Philadelphia and Toronto’s Tapestry Opera. “I have a lot to say about women’s rights being taken away and how women are treated,” director Joanna Settle explained. Bryce-Davis views Roosevelt Island quite differently following her immersion in the traumatic story. “My sister lives on Roosevelt Island and so whenever I’m in New York, that’s where I am,” she said.

Persons: — Kiera Duffy, Nellie Bly, Rene Orth’s, “, you’re, ” Siobhan Duffy Gaffney’s, Bly, Joanna Settle, Britney Spears, Orth, ‘ ” Orth, Hannah Moscovitch, Moscovitch, David Devan, Harold Pinter’s, ”, ” Moscovitch, ” Duffy, Bess, Missy Mazzoli’s, Lars von Trier, “ I’m, Susannas, Mozart, Donizetti, Judith Blegen, Kathleen, I’m, Will Liverman, Josiah Blackwell, Raehann Bryce, Davis, Lizzie, Anthony Davis ’, Malcolm X, ” Soprano Laurel Pearl, Ratched, Daniela Candillari, Jeanine Tesori’s, Liverman, ” Liverman, ” Candillari, Andrew Leiberman, Bryce, Roosevelt Organizations: PHILADELPHIA, Opera Philadelphia, New York, Toronto’s, Philadelphia, Metropolitan Opera, Opera, Washington National Opera, Philadelphia Museum of Art, Wilma Theater Locations: New York, Vegas, Roosevelt, that’s

☆ MLB roundup: Blake Snell, Padres flirt with no-hitter in win
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +12 min

Padres pitchers took a combined no-hitter into the ninth and wound up with a two-hit shutout for the team's sixth straight win. Robert Suarez followed Snell with a perfect eighth before Brendan Rodgers lined a single past Bogaerts at short off Josh Hader (1-3). Bogaerts then snuck a fly ball just inside the left field foul pole off Tyler Kinley (0-3) to win it. Dodgers right-hander Ryan Pepiot entered in the second inning and gave up one run on five hits over six innings. Toronto's Yusei Kikuchi (10-6) allowed one run and four hits in five-plus innings for his first win since Aug. 2.

Persons: Blake Snell, Orlando Ramirez, Xander Bogaerts, Snell, National League Cy Young, Robert Suarez, Brendan Rodgers, Josh Hader, Nolan Jones, Elias Diaz, Bogaerts, Tyler Kinley, Spencer Strider, Ronald Acuna Jr, Bryce Harper's, Acuna, Ronald Acuna Bat, Acuna's, Cristopher Sanchez, Austin Hays, Hays, Hunter Brown, Brown, Kyle Gibson, Gibson, Dansby Swanson, Alexander Canario, Seiya Suzuki, Cody Bellinger, Javier Assad, Ke'Bryan Hayes, Bailey, Adolis Garcia, Jonah Heim, Aroldis Chapman, Josh Jung, John Schreiber, Corey Seager, Heim, Chris Murphy, Luis Castillo, Kelenic, J.P . Crawford, Teoscar Hernandez, Castillo, Zack Gelof, Paul Blackburn, Jake Burger, Tanner Scott, Brandon Nimmo, Trevor Gott, Gott, Nick Fortes, Joey Meneses, Aaron Bummer, Bryan Shaw, Meneses, Jackson Rutledge, Robert Garcia, Max Muncy's, Mookie Betts, Alex Lange, Will Smith, Martinez, Ryan Pepiot, Spencer Torkelson, Parker Meadows, Miguel Cabrera, Basabe, Aaron Loup, Brett Phillips, Rene Pinto, Randy Arozarena slugged, Yandy Diaz, Diaz, Taj Bradley, Logan O'Hoppe, Zach Neto, Nolan Schanuel, Bo Bichette, Cavan Biggio, Toronto's Yusei Kikuchi, cramp, Clarke Schmidt, MJ Melendez, Nick Loftin, Tyler Cropley, Alec Marsh, Steven Cruz, Logan Allen, Kenta Maeda, Spencer Steer's, Willi Castro, Ryan Jeffers, Fernando Cruz, Tyrone Taylor, Louis, Taylor, Colin Rea, Richie Palacios, Alec Burleson, Ketel Marte, Corbin Carroll, Marte, Carroll, Zac Gallen, Joc Pederson, Alex Cobb Organizations: San Diego Padres, Colorado Rockies, USA, Diego, Padres, National League, Braves, Phillies, Philadelphia, Atlanta, Orioles, Astros, Houston, Tampa Bay Rays, American League East, Baltimore, Cubs, Pirates, Chicago, Rangers, Red Sox, Boston, Houston Astros, American League West, The Rangers, Mariners, Seattle, Marlins, Mets, Miami, New York . New York, White Sox, Nationals, Dodgers, Tigers, Los, Los Angeles, Rays, Angels, Blue Jays, Yankees, Cavan, Toronto, Royals, Kansas City, Cleveland, Reds, Cincinnati, Twins, American League Central, Brewers, Cardinals, Milwaukee, National League Central, St, Diamondbacks, Giants, San, Phoenix, Arizona, Thomson Locations: San Diego , California, USA, Petco, San Diego, Atlanta, Baltimore, Texas, Seattle, Pittsburgh, Arlington , Texas, American League West . Texas, Marcus Semien, Oakland, New York . New, Washington, Chicago, Los Angeles, Detroit, Tampa, Los, St . Petersburg, Fla, New York, Seattle and Texas, Kansas, Cleveland . Kansas, Minnesota, Arizona, San Francisco

☆ Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here's why
▼ + stars: | 2023-09-20 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan McDermid | ReutersArk Invest CEO Cathie Wood said she did not participate in Arm's blockbuster initial public offering last week because she finds the chip designer was overvalued relative to its competitive position. Arm CEO Rene Haas and executives cheer, as Softbank's Arm, chip design firm, holds an initial public offering (IPO) at Nasdaq Market site in New York, U.S., September 14, 2023. Brendan Mcdermid | Reuters"So we did not participate in that IPO, and we also compare it to the stocks in our portfolios. The top holdings in Wood's flagship Ark Innovation ETF include Tesla , Shopify , UiPath , Unity , Zoom , Twilio , Coinbase , Roku , Block and DraftKings .

Persons: Cathie Wood, Brendan McDermid, Wood, Rene Haas, Brendan Mcdermid Organizations: Ark Invest, CNBC, New York Stock Exchange, Reuters Ark, Nasdaq, Reuters, Innovation, Tesla, U.S . Federal Reserve Locations: New York City, New York, U.S

☆ See the 10-slide presentation a startup used to land $8 million from General Catalyst to speed up rare-disease research with AI
▼ + stars: | 2023-09-20 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +1 min

Medeloop just raised $8 million in seed funding led by General Catalyst. The startup uses AI to help speed up research tasks such as grant applications and data collection. It's working with researchers at universities in California and Canada. Caissie, who was born in Canada and previously worked as an oral and facial surgeon, wanted to build tech to solve problems he'd faced as a doctor and researcher. In 2021, he left Montreal to attend Stanford University's business school to get his MBA and build a tech platform, now known as Medeloop, that would help him conduct research quicker.

Persons: Medeloop, General Catalyst, Rene Caissie, Caissie, he'd Organizations: General, Stanford Locations: California, Canada, Montreal

Britain's Charles, Prince of Wales, greets France's President Emmanuel Macron ahead of their bilateral meeting on the sidelines of the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain November 1, 2021. Charles had meant to make France his first royal visit after his coronation, but the March trip was abruptly cancelled by violent French protests over pension reforms, much to Macron's embarrassment. Charles and his wife Queen Camilla are scheduled to visit Paris before heading southwest to the vineyards of Bordeaux. The day after that, Charles and Camilla will visit the flower market named after Queen Elizabeth on Paris' Ile de la Cité. "The king is always very interested in the president's analysis of major international issues," an Elysee official told Reuters.

Persons: Britain's Charles , Prince of Wales, Emmanuel Macron, Jane Barlow, Charles, Camilla, King Charles III, Queen Camilla, Elizabeth's, Elizabeth, René Coty, Queen Elizabeth, Boris Johnson, torpedoing, Macron seething, Liz Truss, Rishi Sunak, Prince Charles, Jeff Bezos, Macron, It's Prince Charles, Michel Rose, Andrew Heavens Organizations: Change, Notre, Dame, France, Windsor Castle, of Mirrors, European Union, Canberra, entente, Elysee, Reuters, Amazon, Thomson Locations: Glasgow, Scotland, Britain, France, Versailles, Bordeaux PARIS, Windsor, Paris, Bordeaux, Europe, Buckingham, of Versailles, la, United States, Australia, Ukraine, Africa

☆ Arm Holdings options draw robust trading volume as shares slide
▼ + stars: | 2023-09-18 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +2 min

Arm shares fell 5.3% to $57.50, after rising as high as $69 on Friday, its second day of trading. Some 29,000 Arm options contracts changed hands by 11:45 a.m. (1545 GMT) on Monday, the first day options were available for trading, with volume projected to hit 63,000 by the end of the day, according to options analytics service Trade Alert. The 2012 listing of options on Facebook Inc, now known as Meta Platforms, holds the record for the most active options market debut with some 360,000 contracts changing hands on the first day of trading. About 80% of the options trading volume was concentrated in contracts set to expire on Oct. 20, with much of the volume in puts, typically used to guard against or bet on share price declines. On Monday, puts that would guard against Arm shares slipping below $55 by mid-October were the most actively traded Arm options with some 4,500 contracts traded.

Persons: Rene Haas, Brendan McDermid, Ophir Gottlieb, Gottlieb, Matt Amberson, Amberson, Saqib Iqbal Ahmed, Richard Chang Organizations: Nasdaq, REUTERS, SoftBank's Arm Holdings, Facebook Inc, Los, Market Laboratories, Arm, Thomson Locations: New York, U.S, Los Angeles

☆ Arm Holdings shares slide as options draw robust trading volume
▼ + stars: | 2023-09-18 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +2 min

The shares closed down 4.5% at $58.00, having risen as high as $69 on Friday, its second day of trading. Some 74,000 Arm options contracts changed hands on Monday, the first day options were available for trading. Arm made the list of the 50 most actively traded single-stock names in the options market on Monday, according to options analytics service Trade Alert. About 82% of Arm's options trading volume was concentrated in contracts set to expire on Oct. 20, with much of the volume in puts, typically used to guard against or bet on share price declines. On Monday, puts that would guard against Arm shares slipping below $50 by mid-October were the most actively traded Arm options, with nearly 11,000 contracts traded.

Persons: Rene Haas, Brendan McDermid, Bernstein, Ophir Gottlieb, Gottlieb, Matt Amberson, Amberson, Saqib Iqbal Ahmed, Richard Chang, Rosalba O'Brien Organizations: Nasdaq, REUTERS, SoftBank's Arm Holdings, Facebook, Los, Market Laboratories, Arm, Thomson Locations: New York, U.S, Los Angeles

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