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The Powerball jackpot hit $1.2 billion on Oct. 3, 2023, the third-biggest prize in the game's history. Scott Olson | GettyThe Powerball jackpot has climbed to an estimated $1.2 billion — the third-largest prize in the game's history — without a winner Monday night. Among the winner's big decisions will be the choice between a lump sum payout worth $551.7 million or an annuitized prize of $1.2 billion. The lump sum payout is 'a mistake'"Virtually everybody who wins the lottery picks the lump sum distribution," said Andrew Stoltmann, a Chicago-based lawyer who has represented several lottery winners. While the lump sum payout could be a good financial move for some winners, he agreed that others may benefit from the spending guardrails of annuitized payments.

Persons: Scott Olson, Andrew Stoltmann, doesn't, Stoltmann, it's, John Loyd Locations: Chicago, Fort Worth , Texas

☆ Goldman Sachs exec Chris Kojima to leave
▼ + stars: | 2023-10-03 | by ( Saeed Azhar | ) www.reuters.com time to read: +2 min

People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Oct 3 (Reuters) - Chris Kojima, a Goldman Sachs (GS.N) executive in the asset and wealth management unit, will leave the investment bank at year-end after almost 28 years, an internal memo seen by Reuters on Tuesday showed. Kojima is among the latest high-profile executives to leave Goldman's asset and wealth management division, which manages $2.7 trillion in assets. "Chris founded and led businesses that are incredibly important to Goldman Sachs, and our business today is stronger because of his leadership," Nachmann said in a statement. He first joined Goldman Sachs as an investment banking associate in 1995, and was named managing director in 2002 and a partner in 2008.

Persons: Goldman Sachs, Andrew Kelly, Chris Kojima, Kojima, Julian Salisbury, Mike Koester, Jo Natauri, Matt Gibson, Marc Nachmann, Chris, Nachmann, Kojima's, Saeed Azhar, Louise Heavens, Lananh Nguyen, Paul Simao, Richard Chang Organizations: REUTERS, Reuters, Atlantic, Sixth, Thomson Locations: Manhattan , New York, U.S

SAO PAULO (AP) — More than 100 dolphins have died in the Brazilian Amazon rainforest in the past week as the region grapples with a severe drought, and many more could die soon if water temperatures remain high, experts say. Experts believe high water temperatures are the most likely cause of the deaths in the lakes in the region. Temperatures since last week have exceeded 39 degrees Celsius (102 degrees Fahrenheit) in the Tefe Lake region. There had been some 1,400 river dolphins in Tefe Lake, said Miriam Marmontel, a researcher from the Mamiraua Institute. Fleischmann said water temperatures rose from 32 C (89 F) on Friday to almost 38 C (100 F) on Sunday.

Persons: Chico Mendes, Miriam Marmontel, ”, Wilson Lima, Marreira, Ayan Fleischmann, Fleischmann Organizations: SAO PAULO, Mamiraua Institute, Brazil’s Ministry of Science, Technology, Innovation, Chico, Chico Mendes Institute for Biodiversity Conservation, Workers, Amazonas Gov, Mamirauá Institute Locations: Tefe, Tefe Lake, Amazonas

☆ Oddity Tech expects revenue growth up to 31%, according to preliminary third-quarter results
▼ + stars: | 2023-10-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +1 min

Oddity Tech released preliminary third-quarter results on Monday that show expected revenue growth of 29% to 31%, driven by repeat sales at its Il Makiage and Spoiled Child brands. The newly public retailer, which started trading on the Nasdaq in July and uses artificial intelligence to develop products, had previously expected sales to grow by about 20.5% in the three months ended Sept. 30. So far this year, sales have jumped by about 58% with adjusted EBITDA of at least $89 million, Oddity said. They're responsible for the high satisfaction, which leads to our great repeat rates, it drives our strong profitability and our high growth. Without these models, we would never be able to print these results, we would just be another unprofitable [direct-to-consumer] company."

Persons: Lindsay Drucker Mann, Drucker Mann, They're Organizations: Tech, Nasdaq, CNBC Locations: Tel Aviv

(AP) — Mississippi has seen a consistent rise in the number of families accepting public assistance for child care since lawmakers banned abortion in almost all circumstances, with the sharpest increase coming after a child support policy change in May, the state human services director said Friday. They also said that when parents couldn't find child care, it prevented them from getting back to work. Delbert Hosemann, also a Republican, disputed the idea that the abortion ban has had an impact on child care voucher enrollment. “It’s clear to me it’s not the Dobbs decision. It’s the fact that we made this policy decision that’s been approved by the governor and that you’re seeing thousands of people become eligible because of that,” Hosemann said.

Persons: JACKSON, Bob Anderson, Dobbs, ” Anderson, Roe, Wade, Tate Reeves, couldn't, Delbert Hosemann, “, it’s, that’s, ” Hosemann, they’re, Reeves, ”, Cory Custer, ” ___ Michael Goldberg Organizations: —, Mississippi Department of Human Services, Jackson, Health Organization, U.S, Supreme, Gov, Republican, Child, Associated Press, America Statehouse News Initiative, America Locations: Miss, — Mississippi, Mississippi, @mikergoldberg

Decision-making is key because the EU now requires unanimity on foreign and security policy, taxes, EU finances, some areas of justice and home affairs and social security and protection. EU agriculture policy would need to be revamped because the admission of agriculture powerhouse Ukraine would dramatically change current EU direct payments to farmers. A similarly major change would happen to the EU's regional policy, under which poorer EU members receive money to raise their standard of living. The agriculture and regional funds make up two thirds of the EU budget, which totals roughly 1% of the bloc's gross national income a year. The paper, which polarised EU governments when first discussed on Sept. 19, said some countries in the EU should be allowed to form closer cooperation than others, forming four tiers of European integration.

Persons: Laurence Boone, Anna Luhrmann, Tiago Antunes, Jan Strupczewski Organizations: Union, EU, Guiding, Franco, Political, Thomson Locations: BRUSSELS, Spanish, Murcia, Turkey, Ukraine, Moldova, Albania, Bosnia, Herzegovina, Montenegro, North Macedonia, Serbia, Georgia, Kosovo, EU, France

BERLIN (AP) — Christian Thielemann has been chosen as the new general music director of Berlin's Staatsoper, months after Daniel Barenboim ended his three-decade reign, the city government said Wednesday. The 64-year-old German conductor will take the job at the Staatsoper, or State Opera, on Sept. 1, 2024. He moved on to serve as music director of Berlin's Deutsche Oper from 1997-2004 and of the Munich Philharmonic from 2004-11. Now 80, he was general music director from 1992 until he stepped down at the end of January, saying that his health had become too poor to carry on. Barenboim said in Wednesday's statement that he has known Thielemann since he was his assistant at the Deutsche Oper as a 19-year-old.

Persons: Thielemann, Daniel Barenboim, “, Joe Chialo, ”, Herbert von Karajan, Barenboim, Richard Wagner, Elisabeth Sobotka Organizations: BERLIN, Berlin's, Staatsoper, State Opera, Nuremberg’s, Deutsche Oper, Munich Philharmonic, Vienna Philharmonic, Richard Wagner Festival Locations: Berlin's Staatsoper, Berlin, Munich, Dresden, Bayreuth, “, East Berlin, Germany's

☆ 'Big Short' investor Greg Lippmann eyes resilient assets for tough environment: 'buy the bad at the horrible pricing'
▼ + stars: | 2023-09-27 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Greg Lippmann of "The Big Short" fame sees a soft landing as unlikely, he told Bloomberg TV. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementGreg Lippmann, founding partner at LibreMax Capital, is focused on resilient assets as the chances of a soft landing are slim. That comes as high interest rates, weakened credit availability, and an office vacancy uptrend have all become mounting pressures on commercial real estate. But other ones are going to turn out to be medium to bad," he told Bloomberg TV, adding that, "And you just buy the bad at the horrible pricing.

Persons: Greg Lippmann, —, Lippmann, Ryan Gosling, It's, Rob Arnott Organizations: Bloomberg, Service, LibreMax

Republican Utah House Speaker Brad Wilson is poised to formally announce at a Wednesday night rally that he is running for the U.S. Senate seat being vacated by Mitt Romney, who recently announced he won't run for reelection. Romney announced earlier this month that he won't seek a second term, saying younger people needed to step forward. Wilson would likely fall somewhere between Romney and Lee in that regard, said Damon Cann, head of Utah State University’s political science department. He launched an exploratory committee even before Romney’s announcement and recently said he will resign from his speaker job and the state House on Nov. 15. The winner of next year's Republican primary on June 25 will be heavily favored to win the general election in November.

Persons: Brad Wilson, Mitt Romney, Romney, Mike Lee, Donald Trump, Wilson, Lee, Damon Cann, Mike Lee’s, ” Cann, Cann, Riverton Mayor Trent Staggs, ”, Rod Bird Jr, Tim Ballard, Ballard, of Jesus Christ, Trump Organizations: Republican Utah, U.S, Senate, Utah State, Utah’s House, GOP, Riverton Mayor, Operation Underground Railroad, Operation Underground, of Jesus, Saints, Utah Legislature, Republican Locations: Utah, Romney, Salt Lake City, Draper, Massachusetts, Roosevelt, Salt

☆ Hans Niemann: Chess grandmaster ‘categorically’ denies using vibrating sex toys to cheat in the sport
▼ + stars: | 2023-09-26 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

When he was pressed by Morgan if he had used such toys “while playing chess,” Niemann replied: “Well, your curiosity is a bit concerning, you know - maybe you’re personally interested, but I can tell you, no. The accusations of cheating aimed at Niemann evolved into a scandal which gripped the world of chess over the last year. Niemann then filed a $100 million defamation lawsuit against Chess.com, Carlsen and popular streamer and player Hikaru Nakamura. As a result, online chess sites, like Chess.com, have developed anti-cheating technology to detect when players are using outside computer software during games in an attempt to curb foul play. While FIDE is battling to combat online cheating, there has been a level of purity to over-the-board chess with cheating proving to be much more difficult.

Persons: Hans Niemann, Piers Morgan, Niemann, ”, it’s, Morgan, ” Niemann, you’re, Magnus Carlsen, “, Carlsen, St . Louis, Chess.com, Hikaru Nakamura, Magnus, Niemann –, –, they’ve, Andy Howie, haven’t Organizations: CNN, New York Times, Louis Chess Club, Chess.com, ” CNN, FIDE Locations: Norwegian, St ., Chess.com, Stockfish

BERLIN (AP) — Germany hired Julian Nagelsmann to lead the men’s national soccer team on Friday, entrusting the former Bayern Munich coach with doing a better job than the last Bayern Munich coach who tried. Political Cartoons View All 1173 ImagesNagelsmann previously took over from Flick when he became Bayern coach in 2021 with Flick leaving to coach the national team. Germany national team sporting director Rudi Völler took over as interim coach and oversaw a morale-boosting 2-1 win over France in its next game. Völler, who was Germany coach from 2000-04, had made clear he only ever wanted to take over again on a temporary basis. Before coaching Bayern, Nagelsmann enjoyed success in charge of Leipzig and Hoffenheim, where he became the youngest coach in the Bundesliga in 2016.

Persons: —, Julian Nagelsmann, Nagelsmann, Otto Nerz, Hansi Flick, Flick, wasn’t, Joachim “ Jogi, Löw, Rudi Völler, Lothar Matthäus, Stefan Effenberg, Michael Ballack, Louis van Gaal, ___ Organizations: BERLIN, Bayern Munich, ”, Bayern, Bayern —, Germany, France, Hoffenheim, Bundesliga Locations: — Germany, German, Germany, Japan, Bavarian, United States, East Hartford , Connecticut, Mexico, Philadelphia, Austria, Vienna, Leipzig

It follows Russia's invasion of Ukraine and the loss of Moscow's cheap natural gas — an unprecedented shock to Germany’s energy-intensive industries, long the manufacturing powerhouse of Europe. The loss of cheap Russian natural gas needed to power factories “painfully damaged the business model of the German economy,” Kullmann told The Associated Press. One hotly debated solution: a government-funded cap on industrial electricity prices to get the economy through the renewable energy transition. However, squabbling among the coalition government over the energy price cap and a law barring new gas furnaces has exasperated business leaders. “The perception of Germany's underlying strength may also have contributed to the misguided decisions to exit nuclear energy, ban fracking for natural gas and bet on ample natural gas supplies from Russia,” he said.

Persons: “, Christian Kullmann, Kullmann, ” Kullmann, Evonik, Robert Habeck, Chancellor Olaf Scholz, Angela Merkel, —, Biden, Scholz, Evonik's Kullmann, Gerhard Schroeder, Holger Schmieding, ”, ” Schmieding, Schmieding Organizations: Jobs, International Monetary Fund, European Union, Evonik Industries, Associated Press, Greens Party, Social Democrat, Free Democrats, Companies, Schott AG, ” Locations: ESSEN, Germany, Ukraine, Europe, Europe's, Essen, Russia, Moscow, China, Bavarian, U.S, Lafayette , Indiana, Brussels, Berlin, Chile, Qatar, ” Germany, Berenberg

☆ This tailor is in high demand for Oktoberfest — there's a 6-month wait for his authentic leather lederhosen, which can cost nearly $2,000
▼ + stars: | 2023-09-16 | by ( Matthias Schrader | Kirsten Grieshaber | Associated Press | ) www.businessinsider.com time to read: +5 min

Klaus Bensmann is a tailor who has been handmaking leather lederhosen for the past 38 years. Bavarians have worn lederhosen — knee-long leather pants with suspenders and embroidery — for hundreds of years. Revelers preferring a more classic look book an appointment with leather tailor Klaus Bensmann for customized, handmade britches fashioned from deer or cow leather. AP Photo/Matthias SchraderBensmann offers different cuts of Bavarian lederhosen, traditional knee-longs, short ones that end mid-thigh, and longer, looser knickerbockers. But instead of working as a tanner, he decided to become a leather tailor, and in 1985 he opened his store and workshop, Leder Bensmann.

Persons: Klaus Bensmann, Bensmann's, Matthias Schrader Bensmann, Claus, Bensmann, Matthias Schrader, Leder, Lederhosen Organizations: Service, AP, Associated Press, Bavarian Locations: Munich, Wall, Silicon, Germany, Germany's, Bavaria, China, Bad, Bavarian, Austrian, Germany's Saxony, North Rhine – Westphalia, Canada, Hindelang

☆ Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests
▼ + stars: | 2023-09-14 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest. Chip design company Arm , which is affiliated with Softbank, jumped almost 25% in its Nasdaq debut on Thursday. And, Heitzmann expects next week's Instacart IPO to follow in Arm's footsteps. "It's the reason they're going to price Instacart down 70% from the last private round." "People were wondering how much appetite is there from the big traditional IPO buyers," Heitzmann said.

Persons: FirstMark, Rick Heitzmann, CNBC's, Chip, Softbank, Johnson, Heitzmann, It's Organizations: Holdings, Softbank, Nasdaq, CART, Heitzmann

☆ Stocks making the biggest moves midday: Netflix, Etsy, HP, Visa and more
▼ + stars: | 2023-09-14 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Striking Writers Guild of America members walk the picket line in front of Netflix offices in Los Angeles, July 12, 2023. Check out the companies making headlines in midday trading:Visa — The credit card behemoth's stock was trading more than 2% lower after announcing plans to change its share structure. Netflix — The streaming giant's shares slipped roughly 2% in midday trading after Chief Financial Officer Spencer Neumann said the ongoing Hollywood writers' strike is bad for business. The movie theater chain said it sold 40 million shares at an average price of $8.14, raising about $325.5 million. Etsy — The e-commerce retailer's stock rose nearly 3% after Wolfe Research upgraded Etsy to outperform from a peer perform rating, citing improving consumer spending and margins.

Persons: Semtech, Spencer Neumann, Neumann, Warren, Berkshire Hathaway, —, Samantha Subin, Pia Singh, Alex Harring Organizations: Guild of America, Netflix, Visa, FactSet, Penn Entertainment, Deutsche Bank, Penn, ESPN BET, AMC Entertainment, AMC, Wolfe Research, HP, Exxon Mobil, Chevron —, Exxon, Chevron Locations: Los Angeles, U.S, China

☆ Meta's VR technology is helping to train surgeons and treat patients, though costs remain a hurdle
▼ + stars: | 2023-09-09 | by ( Ashley Capoot | ) www.cnbc.com time to read: +14 min

David Paul Morris | Bloomberg | Getty ImagesJust days before assisting in his first major shoulder-replacement surgery last year, Dr. Jake Shine strapped on a virtual reality headset and got to work. Kettering Health Dayton is one of dozens of health systems in the U.S. working with emerging technologies like VR as one tool for helping doctors to train on and treat patients. Since the beginning of last year, Meta's Reality Labs unit, which develops the company's VR and AR, has lost over $21 billion. Meta Quest 3 VR headset. "The first virtual reality headset that I used was this big clunky headset that had all these wires it had to be connected to a laptop to function."

Persons: Mark Zuckerberg, David Paul Morris, Jake Shine, Shine, Zuckerberg, didn't, Jan Herzhoff, Brennan Spiegel, Spiegel, Caitlin Rawlins, Rawlins, there's, Brent Bamberger, Reem, she's, it's, Daboul, PrecisionOS, Danny Goel, Richard Miller, he's, Miller, They're, It's, Goel, Kettering's Bamberger, Rafael Grossmann, Grossmann, Glass, Hollie Adams Organizations: Bloomberg, Getty, Kettering Health Dayton, CNBC, Meta, VR, Facebook, Labs, Apple, Elsevier Health's, U.S . Department of Veterans Affairs, Spiegel, Software, Doctors, PrecisionOS, University of Rochester, Portsmouth Regional Hospital, Google, of Fine Locations: San Jose , California, U.S, Ohio, Sinai, Los Angeles, Cedars, New Hampshire, Mayfair , London

A view of the United Nations Climate Change Conference flags at the venue, in Bonn, Germany, June 6, 2023. "What we want to see, all of us, is a real sense of urgency about reducing CO2 emissions," Roche Vice-Chair Andre Hoffmann said. We need to show action, and I'm not sure that what I've read so far of the COP28 will be strong enough for that." Despite rapidly falling prices for renewable energy, Roche's (ROG.S) Hoffmann said much faster action was needed. "If the change is going to be that big then financial institutions, business people will reshape and they'll say my goodness there's going to be new technological institutions, there's going to be new factories, there's going to be a new economy.

Persons: Jana Rodenbusch, Hoffmann, November's, Roche, Andre Hoffmann, I'm, Eelco van der Enden, Elvis Presley, it's, Celine Herweijer, we've, Herweijer, It's, Andrew Steer, Steer, Richa Naidu, Gloria Dickie, Clara Denina, Iain Withers, Helen Reid, Alexander Smith Organizations: United Nations, REUTERS, Reuters IMPACT, Global, HSBC, Reuters, Fund, Thomson Locations: Bonn, Germany, Asia, Dubai, American, Paris

But speaking on Wednesday, the last day before the ECB's self-imposed quiet period, the Dutch, French, German and Slovak central bank chiefs all said the Governing Council's decision was still open. France's Francois Villeroy de Galhau hinted that a fresh rate hike could still come at a later date and argued that the slowdown is not a recession and that the ECB needed to persevere in its fight with inflation. Slovakia's Peter Kazimir, an outspoken policy hawk, was more explicit, arguing that another hike was still needed to tame inflation. He said the ECB could delay a rate rise to one of its autumn meetings or pull the trigger next week. "It would be wrong to bet on a rapid decrease in interest rates after the peak," Nagel told German business daily Handelsblatt.

Persons: Nagel, France's Francois Villeroy de Galhau, Peter Kazimir, Kazimir, Klaas Knot, Bundesbank, Joachim Nagel, " Nagel, Robert Holzmann, Mario Centeno, Akanksha Khushi, Catherine Evans Organizations: Central Bank, ECB, Bloomberg, Reuters Global Markets, Thomson Locations: FRANKFURT, PARIS, Slovak

With the win, Germany is assured of no worse than its second-best finish in basketball’s top two international events — the World Cup and the Olympics. The Germans were third in the 2002 world championships, an event now called the World Cup, and have never placed better than seventh at an Olympics. Latvia — which has been without the injured Kristaps Porzingis — can still finish as high as fifth in its first World Cup appearance. Germany's in the semifinal of the World Cup,” Germany's Moritz Wagner said. I'm going to enjoy this and then I'm going to think about the USA tomorrow.”___AP NBA: https://apnews.com/hub/nba and AP sports: https://apnews.com/sports

Persons: Franz Wagner, ” Germany's Johannes Thiemann, Andreas Obst, Dennis Schroder, Arturs Zagars, Davis Bertans, ”, Bertans, —, Kristaps Porzingis, “, Gordie Herbert, They’ll, ” Germany's Moritz Wagner, ___ Organizations: —, Basketball, Germany —, Olympics, ”, Tuesday, Manila American Cemetery, Latvia, USA, NBA, AP Locations: MANILA, Philippines, — Germany, United States, Germany, Latvia, U.S, Abu Dhabi, basketball’s, Olympics, Italy, Europe, ” Germany, Manila, Germany's

☆ Chinese EVs are now seen posing a 'real threat' to Europe's auto industry
▼ + stars: | 2023-09-06 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesChinese electric vehicles pose "a real threat" to the European car industry, according to Christian Kames, managing director at financial advisory firm Lazard. Kames spoke from the IAA Mobility Conference in Munich, where the number of Chinese companies has soared since the last event. watch nowThe increase in Chinese companies in attendance shows that these firms "really have the European market … as the next market they want to conquer," Kames said. European companies are 'ready to engage'European auto manufacturers are well aware of the competition brought about by Chinese companies, Christian Kames told CNBC. "[European carmakers] get it now, that the Chinese [automakers] are a real threat.

Persons: Christian Kames, Lazard, Kames, Warren Buffet, carmaker BYD, Xpeng, Brian Gu, Luca De Meo, Monday, De Meo, China's, Chris Reitermann, CNBC's Evelyn Cheng, Reitermann Organizations: Munich, Bloomberg, Getty, IAA, IAA Mobility, CNBC, UBS, Renault, Ogilvy Asia Pacific Locations: Munich, Germany, Asia, Europe, Hangzhou, China, Swiss, European, Greater China

☆ A Swedish millennial bought one of Japan's famously cheap abandoned houses. Here's how he turned the 100-year-old property into a luxury Airbnb.
▼ + stars: | 2023-09-04 | by ( Julian Ryall | ) www.businessinsider.com time to read: +7 min

Anton Wormann, a 30-year-old Swedish model, moved to Tokyo in 2019 after visiting for work. Advertisement Advertisement Watch: Inside a $12,000-a-night Airbnb in HollywoodMoving to Japan was the 'best decision'Wormann, a Swedish model, working on renovations in his Japanese house. After settling in the hip Shibuya and Sangenjaya districts of west Tokyo, Wormann told Insider he began buying cheap, neglected properties in the area and flipping them to rent for extra income. Wormann told Insider he was passing by the house and saw the owners at the site. The Sangenjaya house was completed in March, and Wormann told Insider he had his first Airbnb guests within a month.

Persons: Anton Wormann, Wormann, hadn't, Anton Wormann Wormann, shoji, Anton, Japan Wormann Organizations: Service, YouTube Locations: Tokyo, Wall, Silicon, Stockholm, Japan, New York, Milan, London, Paris, Hollywood, Swedish, Sweden

☆ Adam Driver not allowed to drive a Ferrari in his 'Ferrari' film
▼ + stars: | 2023-08-31 | by ( Crispian Balmer | ) www.reuters.com time to read: +2 min

VENICE, Aug 31 (Reuters) - Adam Driver, star of the latest film to hit Venice, "Ferrari", revealed on Thursday that he wasn't allowed to drive any of the eponymous race cars that feature in a biopic of famed Italian carmaker Enzo Ferrari. "They were the scariest things on set, but they wouldn't let me drive the cars for insurance reasons," Driver told reporters. Directed by veteran filmmaker Michael Mann, "Ferrari" features adrenalin-fuelled sequences of the red sports cars competing in the legendary Mille Miglia road race across Italy that often proved fatal for drivers and onlookers alike. While Driver was not allowed in a Ferrari, one of his co-stars, U.S. actor Patrick Dempsey, did take the wheel of exact replicas of the iconic, open-topped cars, which offered no protection to the exposed drivers. "Ferrari" is one of 23 movies competing for the prestigious Golden Lion award at the Venice Film Festival, which runs until Sept. 9.

Persons: Adam Driver, Ferrari, Enzo Ferrari, Driver, Michael Mann, Patrick Dempsey, Dempsey, Mann, Nick Mason, Pink Floyd, Crispian Balmer, Jonathan Oatis Organizations: VENICE, Maserati, Golden Lion, Venice Film, Thomson Locations: Venice, Italian, Mille, Italy

☆ Euro zone price rises steady for August but core inflation declines further
▼ + stars: | 2023-08-31 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

Christine Lagarde, President of the European Central Bank (ECB), speaks during an ECB press conference in July. Inflation in the euro zone came in higher than analysts had expected for the month of August, although coming in unchanged from the previous month and complicating the role of the region's central bank. European Central Bank Member Robert Holzmann said the data shows inflation is still persistent, according to Reuters. He, one of the more hawkish members of the ECB, added that the latest figures pose a "conundrum" for the central bank. The central bank is due to meet on Sept. 14 and announce whether it is raising rates further.

Persons: Christine Lagarde, Dow Jones, Robert Holzmann, Lagarde Organizations: European Central Bank, ECB, Reuters

☆ Actor Adam Driver takes on Netflix, Amazon over strike inaction
▼ + stars: | 2023-08-31 | by ( Crispian Balmer | ) www.reuters.com time to read: +2 min

VENICE, Aug 31 (Reuters) - U.S. actor Adam Driver, in Venice to promote his new film "Ferrari", criticised streaming services Netflix (NFLX.O) and Amazon (AMZN.O) on Thursday for not giving into demands by actors' and writers' unions in a strike that has hobbled the entertainment industry. Representatives for Netflix and Amazon did not immediately respond to a request for comment. Driver has been closely associated with Netflix in the past, representing two of their films in previous Venice festivals - "White Noise" in 2022 and "Marriage Story" in 2019. Writers have been on strike since May while actors walked off the job in July. "People who worked on 'Ferrari' made it by forgoing large percentages of their salaries, in the case of Adam and myself.

Persons: Adam Driver, Ferrari, Michael Mann, Adam, Mann, Małgorzata Wojtunik, Mary Milliken, Bill Berkrot Organizations: VENICE, Netflix, SAG, Amazon, Thomson Locations: Venice, Hollywood, Los Angeles

☆ Hans Niemann reinstated by Chess.com, vows to become ‘best chess player in the world’ after alleged cheating scandal
▼ + stars: | 2023-08-30 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —American chess grandmaster Hans Niemann has been reinstated by Chess.com following the conclusion of a legal dispute between Niemann, Magnus Carlsen and the online platform, among others. In June, a US judge dismissed a $100 million defamation lawsuit filed by Niemann against Chess.com, five-time world champion Carlsen, and popular streamer and player Hikaru Nakamura. This followed an alleged cheating scandal surrounding Niemann which rocked the sport last year. “I am pleased that my lawsuit against Magnus Carlsen and Chess.com has been resolved in a mutually acceptable manner, and that I am returning to Chess.com,” Niemann said in a video posted on X, formerly Twitter. According to Niemann’s dismissed lawsuit, the dispute began in September 2022 when then world champion Carlsen accused Niemann of cheating at the Sinquefield Cup in St. Louis, Missouri.

Persons: Hans Niemann, Niemann, Magnus Carlsen, Chess.com, Carlsen, Hikaru Nakamura, ”, Hans, ” Chess.com, “, ” Niemann, Magnus, Niemann’s, José Mourinho, ” Carlsen, Pavel Mikheyev, Julius Baer, Nakamura Organizations: CNN, Chess.com, Niemann, Louis Chess Club, YouTube Locations: American, Chess.com, St, Louis , Missouri, Kazakhstan

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