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☆ Amazon drought strands floating Brazilian village on lake turned into mud
▼ + stars: | 2023-10-06 | by ( Bruno Kelly | ) www.reuters.com time to read: +2 min

[1/5] Ivalmir Silva digging searches for water on Puraquequara Lake, which has been affected by drought, in Manaus, Brazil, October 6, 2023. REUTERS/Bruno Kelly Acquire Licensing RightsMANAUS, Oct 6 (Reuters) - Life has come to a standstill for a floating village now stranded on mud flats left by severe drought in Brazil's Amazon rainforest. As Lake Puraquequara dried up, so too has business evaporated for the owners of boats and floating shops that are also stuck in the mud. The Amazon drought, like flooding in the south of Brazil, is a result of the El Niño phenomenon, which warms the Pacific Ocean's surface water, experts say. Things have gotten so bad at Lake Puraquequara that there is little water to drink or cook with.

Persons: Ivalmir Silva, Bruno Kelly, Isaac Rodrigues, Otenisio de, Raimundo Silva, Anthony Boadle, Rod Nickel Organizations: REUTERS, Rights, Rio Negro, Carmo, Thomson Locations: Manaus, Brazil, Rights MANAUS, Solimoes, Puraquequara, Otenisio de Lima

☆ Nestle shares at two-year low as investors weigh Wegovy rollout
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Hannah McKay/Photo Illustration/File Photo Acquire Licensing RightsOct 6 (Reuters) - Nestle (NESN.S) shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk's (NOVOb.CO) blockbuster weight-losing drug Wegovy and how it could reduce spending on food. The KitKat and Nescafe coffee maker's shares were down 2% and headed for their lowest level in more than two years. However, Cox does not regard this as a substantial risk to Nestle and the broader food industry in the long term. Bruno Monteyne from Bernstein also pointed to the Wegovy impact, but saw little logic in the sell-off. "Danone sells water, baby milk powder, and yogurt: not sure how those would be negatively impacted by GLP1 / Wegovy?"

Persons: Kat, Hannah McKay, Wegovy, Peers, Kepler Cheuvreux, Jon Cox, John Furner, Cox, Bruno Monteyne, Bernstein, Andrey Sychev, John Revill, Mark Potter Organizations: Nestle, REUTERS, Peers Danone, Unilever, Kepler, Bloomberg, Danone, Health, Thomson Locations: London, Britain, U.S

☆ France blocks US takeover of Canada-owned French nuclear valve makers
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

PARIS, Oct 6 (Reuters) - France blocked a deal that would have seen the takeover of two Canadian-owned French maker of valves used in nuclear reactors because it did not think commitments made by U.S. bidder Flowserve were sufficient, a finance ministry source said. Flowserve, which makes pumps and valves, said on Thursday it was dropping its $245 million takeover of Montreal-based Velan, whose French subsidiaries Segault and Velan SAS make valves used in nuclear plants, submarines and aircraft carriers. The French government has extensive powers to vet proposed takeovers of French companies that it considers to be strategically sensitive, though outright rejections are rare. Flowserve Chief Executive Scott Rowe said on Thursday that the firm had sought to address all of the French concerns. Some French senators had aired concern about the takeover, in particular that it could mean the U.S. government could order Flowserve to hand over information from its French subsidiaries.

Persons: Bruno Le Maire, Scott Rowe, government's, Rowe, Emmanuel Macron, Leigh Thomas, Alexander Smith Organizations: U.S, Flowserve, Velan SAS, Thomson Locations: France, Montreal

☆ David Beckham on Netflix: What the new documentary reveals about the soccer icon
▼ + stars: | 2023-10-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +5 min

CNN —One of the most recognizable people in the world, David Beckham has a well-trodden story: a former England soccer captain, married to a Spice Girl and now the owner of Major League Soccer club Inter Miami. But, as it turns out, Victoria Beckham is “not into football” and never will be, she says in the documentary, despite marrying one of the sport’s most recognizable figures. David and Victoria Beckham pictured in April 2004. Bruno Vincent/Getty Images“I don’t know how we got through it in all honesty,” Beckham said haltingly in the documentary. David Beckham enjoys beekeepingAfter retiring from football, Beckham has become a co-owner of Inter Miami and found some other ways to occupy his time too, including beekeeping and cooking.

Persons: David Beckham, “ Brand Beckham, David, Victoria Beckham, Fisher Stevens, “, ”, Victoria, Mel C, Beckham, Bruno Vincent, ” Beckham, haltingly, Diego Simeone, David Gardner, –, Cruz, Jennifer Lopez, …, “ You’ve, Anthony Harvey, Shutterstock, Lopez Organizations: CNN, England soccer, Major League Soccer, Inter Miami, Netflix, ”, Manchester United, British, “, Real, Getty, Argentina, England Locations: England, Beckham, Real Madrid, Victoria, ”, Beyoncé

CNN —Italian authorities were on Wednesday investigating the cause of a horrific bus crash near Venice that killed at least 21 people including two children. Claudia Greco/ReutersLocal police work at the site of the bus crash on Wednesday. A representative for the prosecutor’s office told CNN the head prosecutor for the Venice municipality, Bruno Cherchi, is leading the investigation into the incident in Mestre. The bus was traveling from Venice to nearby Marghera and was “full of people returning home from work,” Venice mayor Luigi Brugnaro told state media RAI. Emergency crew members work at the scene after a bus accident near Venice.

Persons: ”, Alberto Rizzotto, Claudia Greco, Mauro Lungo, Bruno Cherchi, Luigi Brugnaro, Stefano Mazzola, sevices, Brugnaro, Massimo Fiorese, Italy’s, “, Giorgia Meloni, Emmanuel Macron, I’m, Charles Michel Organizations: CNN, ” RAI, Reuters Local, Sky TG24, RAI, Emergency, Facebook, della Sera, Reuters, Italian Senate, European Council Locations: Venice, Mestre, Italy, Marghera, ” Venice, Italian

☆ What Macron means when he says he wants to 'take back control' of French power prices
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +6 min

PARIS, Oct 4 (Reuters) - French President Emmanuel Macron said last week his government would "take back control" of electricity prices by the end of the year, without spelling out what steps he would take. "There is a point that is key for our competitiveness, and we will announce it in October, and that is to take back control of electricity prices," Macron said. "We'll be able to announce in October electricity prices that are in line with our competitiveness," he said, adding this would apply to households and businesses. However, French officials say Germany is undermining a traditional French strength due to fears cheap nuclear electricity could provide French businesses with a competitive advantage over German companies. Under the current system, called marginal pricing, European electricity prices are linked to the most expensive power producing asset.

Persons: Emmanuel Macron, Macron, We'll, Bruno Le Maire, Michel Rose, Elizabeth Pineau, Benjamin Mallet, Leigh Thomas, Forrest Crellin, Kate Abnett, Julia Payne, Mark Potter Organizations: Union, EDF, EU, European Commission, French Finance, Reuters, Thomson Locations: Ukraine, Paris, France, Brussels, Germany, Russia, Europe, Bulgaria, Croatia, Czechia, Hungary, Poland, Romania, Slovakia, Slovenia, Luxembourg, Austria, Spain

☆ PSG and Kylian Mbappé humbled by Newcastle United in Champions League
▼ + stars: | 2023-10-04 | by ( John Sinnott | ) edition.cnn.com time to read: +2 min

CNN —Paris Saint-Germain and Kylian Mbappé suffered a chastening defeat in the Champions League group stages, losing 4-1 at the hands of Newcastle United on Wednesday. The win put Newcastle top of Group F with four points, a point ahead of PSG. If you make mistakes you pay for that.”Mbappé is challenged for the ball by Jamaal Lascelles and Bruno Guimarães of Newcastle United. Qatar Sports Investment (QSI) acquired PSG in 2011 and lavished money on bringing some of the world’s most talented players to Paris, and a Champions League title seemed inevitable. Mbappé had little effect on the game at St. James’ Park in Newcastle, with the Premier League side completely physically overpowering their French opposition.

Persons: Germain, Kylian Mbappé, Miguel Almirón, Dan Burn, Gianluigi Donnarumma, Sean, Lucas Hernández, Fabian Schär, ”, Luis Enrique, Mbappé, Jamaal Lascelles, Bruno Guimarães, Richard Sellers, Enrique, Lionel Messi, Neymar Jr, –, Wednesday’s, James ’ Organizations: CNN, Paris Saint, Champions League, Newcastle United, Newcastle, PSG, Borussia Dortmund, AC Milan, “, ” PSG, TNT Sports, Real Madrid, Mbappé, La Liga, Monaco, Qatar Sports Investment, Paris, League, St, Premier League Locations: Newcastle, Paris

☆ In Brazil's Amazon, drought affects locals' access to food and water
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: 1 min

[3/17]Marcelina da Cunha Reis stands on the porch of her house, which is stranded at David's Marina that has been affected by the drought of the Negro River, in Manaus, state of Amazonas, Brazil, September 29. REUTERS/Bruno KellyMANAUS, BRAZIL

Persons: Marcelina da Cunha Reis, Bruno Kelly MANAUS Organizations: REUTERS Locations: Negro, Manaus, Amazonas, Brazil, BRAZIL

☆ I resell tickets online and make up to $32,000 in profit a month. Here's how I do it.
▼ + stars: | 2023-10-03 | by ( Sasha Weilbaker | ) www.businessinsider.com time to read: +6 min

After selling a few tickets to make a hockey game more affordable in 2014, he continued to resell. Now 65% of the tickets that I resell are to sporting events, while 35% are events including concerts, Broadway shows, and comedy events. My favorite selling platform is TickPick because I find that it has the best pricing for purchasing, and its customer service is excellent. Pricing depends on each sellerI know many sellers who try to price their tickets for as cheap as possible. In May, I sold 850 tickets for just under $121,000 in sales, which equaled about $32,000 in profit, but this number ranges from month to month depending on the season.

Persons: —, Shiraz Mawani, Bruno Mars, Katy Perry, I'm, it'll, there's, it's Organizations: Service, NHL, Craigslist, Broadway Locations: Shiraz, Toronto

☆ Mass death of Amazon river dolphins linked to severe drought, heat
▼ + stars: | 2023-10-02 | by ( Bruno Kelly | ) www.reuters.com time to read: +3 min

REUTERS/Bruno Kelly/File photo Acquire Licensing RightsMANAUS, Oct 2 (Reuters) - The carcasses of 120 river dolphins have been found floating on a tributary of the Amazon River since last week in circumstances that experts suspect were caused by severe drought and heat. Low river levels during a severe drought have heated water in stretches to temperatures that are intolerable for the dolphins, researchers believe. The Amazon river dolphins, many of a striking pink color, are unique freshwater species found only in the rivers of South America and are one of a handful of freshwater dolphin species left in the world. The scientists do not know with total certainty that drought and heat are to blame for the spike in dolphin mortality. Global warming's role in the current Amazon drought is unclear, with other factors such as El Nino at play.

Persons: Bruno Kelly, El Nino, Miriam Marmontel, Marmontel, Brazil's Chico Mendes, Anthony Boadle, Brad Haynes, Jonathan Oatis Organizations: Mamiraua Institute, Sustainable Development, REUTERS, Rights, Environmental, El, International Union for Conservation, Brazil's Chico Mendes Institute for Biodiversity Conservation, Thomson Locations: Tefe, Amazonas, Brazil, Rights MANAUS, South America, Tefé's, Lake Tefé, Tefé

☆ Erling Haaland sits on bench as Manchester City knocked out of Carabao Cup with 1-0 defeat against Newcastle
▼ + stars: | 2023-09-28 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Manchester City suffered a first defeat of the season against Newcastle United in the Carabao Cup as star striker Erling Haaland was left on the bench. It remained 1-0, however, condemning Guardiola to a third consecutive early exit in the Carabao Cup after defeats against Southampton last year and West Ham the year before. Oli Scarff/AFP/Getty ImagesAfter winning the Premier League, Champions League, and FA Cup last year, Wednesday’s loss means that Man City will be unable to go one better and win an unprecedented quadruple this season. “There are guys who have played a lot of minutes … I decided with this lineup, I always have done that in the Carabao Cup since day one when I arrived. In the Carabao Cup I always play the players who never regularly play.”Prior to the game, Guardiola had lamented not being able to travel by plane between Manchester and Newcastle.

Persons: Erling Haaland, Alexander Isak’s, St James ’, Julián Álvarez, Anthony Gordon, Bruno Guimarães, Isak, Pep Guardiola, Rico Lewis, Oscar Bobb, Haaland, Jeremy Doku, Matheus Nunes, Phil Foden, Guardiola, Oli Scarff, ” Guardiola, ”, “, Alexander Isak, Serena Taylor, “ I’m, Eddie Howe Organizations: CNN, Manchester City, Newcastle United, Newcastle, St James, Premier League, Southampton, Getty, Champions League, Wolves, Saturday, RB Leipzig, Arsenal, ”, Manchester United, ” Newcastle, Burnley Locations: City, Norwegian, West Ham, AFP, Manchester, Newcastle

☆ Brazil sets up task force for unprecedented drought in Amazon -minister
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

Low river levels and hotter waters have killed masses of fish seen floating on river surfaces, contaminating the drinking water, she said. The civil defense agency warned that the drought could eventually impact up to 500,000 people in the Amazon. The drought in the Amazon, like the flooding in the south of Brazil, results from the El Niño phenomenon, which warms the surface water in the Pacific Ocean. Silva said this was the effect of a periodic El Niño mixing with changes in weather patterns brought by global warming. Worsened by climate change, this combination has caused drought not seen before in the Amazon and "is incomparably stronger and could happen more frequently," she added.

Persons: Bruno Kelly, Marina Silva, Silva, Lisandra Paraguassu, Anthony Boadle, Alistair Bell, Jamie Freed Organizations: REUTERS, Rights, Environment, Reuters, Air Force, Thomson Locations: Manacapuru, Amazonas, Brazil, Rights BRASILIA, Port, Manaus, Rio, Acre

☆ Newcastle dump Man City out of EFL Cup and draw Man Utd
▼ + stars: | 2023-09-27 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

"It was a game of two halves for us," said Newcastle manager Eddie Howe, who brought on Bruno Guimaraes and Anthony Gordon after the interval. It was the third year in a row that City, winners four times in a row from 2018 to 2021, had gone out of the competition early. "We played an incredible game," City manager Pep Guardiola told Sky Sports television. LIVERPOOL THROUGHManchester United beat Crystal Palace , also their league opponents next weekend, 3-0 at Old Trafford on Tuesday. Blackburn Rovers thrashed Championship rivals Cardiff City 5-2 in the highest scoring match of the night and are at Chelsea next.

Persons: Alexander Isak, Isak slotting, Phil Foden, Erling Haaland, Nick Pope, Julian Alvarez, Eddie Howe, Bruno Guimaraes, Anthony Gordon, Pep Guardiola, Sean Dyche's, Cody Gakpo, Kasey McAteer's, Dominik Szoboszlai, Diogo Jota, Juergen Klopp, Alex Iwobi, Aaron Ramsdale, David Raya, Reiss Nelson, Alan Baldwin, Toby Davis Organizations: Newcastle, Man, St James, Park Magpies, Manchester United, Liverpool, Leicester, Brentford Chelsea, Everton, Fulham, Newcastle United, Manchester, League, City, Sheffield United, Sky Sports, Southampton, LIVERPOOL, Crystal, Old, ., Brighton & Hove Albion, Chelsea, Aston Villa, Brentford, Arsenal, Burnley, Leicester City, Anfield, Premier League rivals Bournemouth, Stoke City, Norwich City, Ipswich Town, Ipswich Town . West Ham United, Lincoln City, Gunners, Community, Blackburn Rovers, Cardiff City, Thomson Locations: West Ham, LONDON, Manchester City, Swedish, Joelinton, Newcastle, Old Trafford, Nigeria, Ipswich Town ., Lincoln, London

☆ Trump skips debate to woo blue-collar workers in Michigan
▼ + stars: | 2023-09-27 | by ( Nathan Layne | ) www.reuters.com time to read: +4 min

Former U.S. President and Republican presidential candidate Donald Trump speaks during a 2024 presidential campaign rally in Dubuque, Iowa, U.S. September 20, 2023. Biden on Tuesday joined a picket line outside Detroit with striking United Auto Workers union members, backing their call for a 40% pay raise. UAW President Shawn Fain called Biden's visit a "historic moment," and thanked him for his support. "Trump has very strong support from working class voters in Michigan and the auto industry as a whole." ELECTRIC VEHICLESIn Wednesday's speech, Trump will emphasize the negative impact of inflation on the livelihoods of blue-collar workers, Miller said.

Persons: Donald Trump, Scott Morgan, Joe Biden, Biden, Trump, Robert Bruno, Shawn Fain, Jason Miller, Miller, Michael Schostak, Nathan Layne, Joe White, Jason Lange, Colleen Jenkins, Timothy Gardner Organizations: U.S, Republican, REUTERS, Detroit, Trump, Democratic, Michigan, University of Illinois, Republican Party, Tuesday, United Auto Workers, UAW, Drake Enterprises, General Motors, Michigan Republican Party, Thomson Locations: Dubuque , Iowa, U.S, Michigan, Pennsylvania, Wisconsin, Detroit, Lordstown , Ohio, New York, Wilton , Connecticut, Washington

☆ Brazil sets up task force for unprecedented drought in Amazon, minister says
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

BRASILIA, Sept 27 (Reuters) - Brazil's government is preparing a task force to provide emergency assistance to inhabitants in the Amazon region hit by a severe drought that has impacted the rivers that are their life support, Environment Minister Marina Silva said. Low river levels and hotter waters have killed masses of fish seen floating on river surfaces, contaminating the drinking water, she said. The drought in the Amazon, like the flooding in the south of Brazil, results from the El Niño phenomenon, which warms the surface water in the Pacific Ocean. Silva said this was the effect of a periodic El Niño mixing with changes in weather patterns brought by global warming. Worsened by climate change, this combination has caused drought not seen before in the Amazon and "is incomparably stronger and could happen more frequently," she added.

Persons: Marina Silva, Bruno Kelly, Silva, Lisandra Paraguassu, Anthony Boadle, Alistair Bell, Jamie Freed Organizations: Environment, Reuters, REUTERS, Air Force, Thomson Locations: BRASILIA, Port, Manaus, Rio, Manacapuru, Amazonas, Brazil, Acre

☆ The US-based veterinarian who’s returned to Greece to help stray cats
▼ + stars: | 2023-09-26 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

Giving backKatogiritis teaches a student pre-operative care steps for anesthetized cats during the 2021 spay/neuter program in Karpathos, Greece. Changing mentalitiesKatogiritis speaks to local elementary school students during a community outreach event on Karpathos island in 2022. Fragitsa Katogiritis“The community of adopters is connected through our Facebook group (Animal Welfare Karpathos) where they will often share photos and videos of our beloved rescues,” she says, adding that Animal Welfare Karpathos has found homes for over 300 pets in the past three years. In Karpathos, over 700 animals have been spayed or neutered through the Animal Welfare Karpathos programs. She credits her team of volunteers for helping to get the Animal Welfare Karpathos program off the ground and keeping it going.

Persons: Anna Katogiritis, Katogiritis, Karpathos, Anna Katogiritis “, ”, “, ” Katogiritis, Jane Goodall, Goodall, she’d, Sophia Hiras, “ We’ve, Welfare Karpathos, Fragitsa, neutering, it’s “, Bruno Morandi, Julia Konstantina, hasn’t, She’s, there’s Organizations: CNN, CNN Travel, Biology, Biotechnology, University of Crete, Virginia - Maryland College of Veterinary Medicine, Jane, Jane Goodall Institute, Rehabilitation, Animal Welfare, Welfare, Facebook, Interior Ministry, “, Bank, Veterinary Global Aid Locations: Karpathos, Greece, Rhodes, Crete, Athens, Katogiritis, Virginia, Republic of Congo

☆ Good for Chelsea owners to enter dressing room after games, says Pochettino
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

Sept 26 (Reuters) - Co-owners Behdad Eghbali and Todd Boehly are welcome in Chelsea's dressing room after matches, manager Mauricio Pochettino said on Tuesday ahead of their League Cup clash with Brighton & Hove Albion. Following their 1-0 home defeat by Aston Villa on Sunday, British media reported that co-controlling owner Eghbali had entered the club's dressing room. Last season, co-owner Boehly also attracted criticism for entering the dressing room after a Chelsea loss. "I like when the owner comes (into the dressing room). I think it is good that the owner comes into the dressing room.

Persons: Behdad Eghbali, Todd Boehly, Mauricio Pochettino, Eghbali, Boehly, Pochettino, Bruno Saltor, Graham Potter, Frank Lampard, Bruno, Aadi Nair, Christian Radnedge Organizations: League, Brighton & Hove Albion, Premier League, Aston Villa, Sunday, Chelsea, Stamford, Thomson Locations: Chelsea, Argentine, Bengaluru

The data, compiled by NielsenIQ, showed overall sales volumes for shower gel, tampons, dishwashing products, laundry detergent and toilet paper declined in the year ended Sept. 17. Reuters GraphicsMajor brands like Ariel laundry detergent and Dove soaps have for years dominated the market versus retailers' private label goods. But the NielsenIQ data shows volumes for private label personal products are inching up while those for big brands decline. For instance, shower gel volumes fell 6% overall and 10% for big brands but rose 14% for private label products. Similarly, while laundry detergent volumes were down about 2% across the category and fell 10% for big brands, they surged 28% for private label brands.

Persons: Sarah Meyssonnier, NielsenIQ, Anton Delbarre, Emmanuel Macron's, Bernstein, Bruno Monteyne, Alexandre Bompard, Henkel, Eurocommerce, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Carrefour, REUTERS, Unilever, Reuters, Nestle, Pepsico, Reuters Graphics, Consumer, Procter, Gamble, Delbarre, Thomson Locations: Montesson, Paris, France

Striking United Auto Workers (UAW) union workers picket outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 23, 2023. Striking auto workers say they would like to see more support from elected officials as they push to get companies to share more of the profits. Republicans believe Biden's push to electrify America's vehicle fleet, by pumping billions of dollars of tax rebates into EV manufacturing, is unpopular with auto workers. In Michigan, Trump will criticize Biden's economic policies and incentives promoting EVs and say he would do a better job of protecting blue-collar workers if elected to a second term, Miller added. Biden's Michigan visit represents the most support a sitting president has shown striking workers since Theodore Roosevelt invited striking coal workers to the White House in 1902, historians said.

Persons: Nalio Chery, Joe Biden, Donald Trump, Biden, Shawn Fain, Fain, Dave Urban, Brandon Cappelletty, Trump, Robert Bruno, Ronald Reagan, Jason Miller, Miller, Karen Finney, Finney, Theodore Roosevelt, Nandita Bose, Jarrett Renshaw, Nathan Layne, David Shepardson, Heather Timmons, Jamie Freed Organizations: United Auto Workers, UAW, Ford Michigan Assembly Plant, REUTERS, Rights, Republican, Biden, Trump, General Motors, Ford, Chrysler, University of Illinois, Michigan, EV, Democratic, White House, Thomson Locations: Wayne , Michigan, U.S, Dieu, Michigan, Wayne County , Michigan, Detroit, Toledo , Ohio, Pennsylvania, Wisconsin, Biden's Michigan, Kansas City

☆ Carnage in the bond market again with benchmark ETF down 10% on year to lowest since 2011
▼ + stars: | 2023-09-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Treasury yields are spiking to levels not seen in over 15 years, causing sell-offs in many of the market's biggest bond funds. The iShares 20+ Year Treasury Bond ETF (TLT) closed at $89.18 on Monday, which was its lowest close since Feb. 10, 2011, according to FactSet. The Fed's target interest rate is already above 5%, as are short-term Treasury yields. But the long-term decline in bond yields began roughly two decades before that. That trend may finally have reached its turning point, Jim Grant, founder of Grant's Interest Rate Observer, said Tuesday on CNBC's " Squawk Box ."

Persons: Bruno Braizinha, Braizinha, Goldman Sachs, Cecilia Mariotti, Mariotti, Ajay Rajadhyaksha, Jonathan Krinsky, Jim Grant, Grant, BTIG's Krinsky Organizations: Treasury Bond ETF, iShares, Aggregate Bond, Treasury, Bank of America, Barclays, Federal

☆ Stocks making the biggest moves midday: SiriusXM, Cintas, United Natural Foods and more
▼ + stars: | 2023-09-26 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

A customer uses an ATM at a Wells Fargo Bank in San Bruno, California, on April 14, 2023. Cintas — Shares fell 5.3% after the company reported its 2024 fiscal first-quarter earnings. Cintas raised its full-year guidance but the lower end of its EPS and revenue predictions came in below analysts' estimates. United Natural Foods — Shares sank 27.4% Tuesday after United Natural Foods forecast earnings per share and adjusted EBITDA in the coming year below analysts' estimates, citing profitability headwinds. Shares of Wells Fargo and Goldman Sachs declined 2.2% and 1.5%, respectively, while Morgan Stanley and JPMorgan both lost about 1%.

Persons: Cintas, Pinterest, Goldman Sachs, Jamie Dimon, Morgan Stanley, CNBC's Hakyung Kim, Alex Harring, Brian Evans, Samantha Subin, Yun Li Organizations: Wells Fargo Bank, HSBC, United, Bank of America, JPMorgan, Goldman Sachs — Bank, JPMorgan Chase, Reserve, Wells, Goldman, Liberty Media, Barclays — U.S, Barclays, Federal Trade Commission, Amazon Locations: Wells Fargo, San Bruno , California

☆ Here's what it might take for the 10-year yield go to 5%
▼ + stars: | 2023-09-26 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Can the 10-year yield go to 5%? The primary factor that would move the 10-year towards 5%, Braizinha says, is a reacceleration of the economy. A soft landing (still growth, but with lower inflation) won't do it. Braizinha notes that the soft landing is still his base case and would "push back" against a 5% 10-year yield. He also notes that "the degree of conviction" around a stronger economy "seems to have deteriorated."

Persons: Bruno Braizinha, Braizinha, Braizhina Organizations: Bank of America Locations: U.S

☆ Airbus picks sales chief Scherer to run jetmaking arm -sources
▼ + stars: | 2023-09-25 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

Airbus Chief Commercial Officer Christian Scherer is interviewed by Reuters at the International Air Transport Association's Annual General Meeting in Boston, Massachusetts, U.S., October 4, 2021. Reuters revealed the plans to reorganise in July and this month Scherer, an Airbus veteran currently serving as chief commercial officer, emerged as one of the main candidates to run the jetmaking arm, which accounts for 70% of revenue. Airbus reorganisations are more sensitive than most because of a history of friction between founders France and Germany. Born in Germany and raised in Toulouse, 61-year-old Scherer has spent his career in the Airbus commercial arm, apart from stints in Defence and as CEO of turboprop affiliate ATR. Insiders say the immediate challenges Scherer faces will be less familiar industrial ones, such as meeting production and delivery targets and managing roughly 80,000 Airbus employees.

Persons: Christian Scherer, Brian Snyder, Guillaume Faury, Scherer, Faury, Fabrice Bregier, Tom Enders, Rob Stallard, Bruno, Frenchman Faury, Olaf Scholz, Tim Hepher, David Goodman, Sharon Singleton Organizations: Airbus, Reuters, International Air, REUTERS, Boeing, Partners, Airbus Helicopters, Defence, Monday Germany, Thomson Locations: Boston , Massachusetts, U.S, PARIS, France, Germany, Toulouse, Europe, China

☆ Molotov cocktails thrown at Cuban embassy in Washington, minister says
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

Sept 25 (Reuters) - An assailant attacked the Cuban embassy in Washington with two Molotov cocktails on Sunday night, Cuban Foreign Minister Bruno Rodriguez Parrilla said on messaging platform X, adding that nobody was hurt. The Cuban flag flutters in the wind after being raised at the Cuban Embassy reopening ceremony in Washington July 20, 2015. "We are in contact with Cuban embassy officials and law enforcement authorities to ensure an appropriate and timely investigation as well as to offer our support for future protective efforts," he said in a statement. Earlier this month, U.S. and Cuban officials made progress on a range of issues during high-level talks in Washington. Reporting by Natalia Siniawski and Costas Pitas; Editing by Peter Graff and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Bruno Rodriguez Parrilla, Miguel Díaz, Canel, Rodriguez, Gary Cameron, Jake Sullivan, Natalia Siniawski, Costas Pitas, Peter Graff, Jamie Freed Organizations: Cuban Foreign, United Nations, Cuban, Twitter, REUTERS, White House, Service, Biden, Thomson Locations: Cuban, Washington, New York, Cuba, United States

☆ Lagarde (BCE) repousse la fin de la révision de son cadre opérationnel
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: 1 min

Business category · September 25, 2023 · 4:11 PM UTC · ago · agoFrance risks losing out on billions of euros in EU funds if lawmakers do not adopt long-term public finance plans, Finance Minister Bruno Le Maire warned on Monday.

Persons: Bruno Le Maire Organizations: Finance Locations: France

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