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☆ This week's 'manic market' action looks a lot like the dot-com bust in 2000, economist David Rosenberg says
▼ + stars: | 2024-07-20 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

The past week's tumultuous stock market action harkened back to the dark days of 2000 as the dot-com bubble was bursting, according to economist and strategist David Rosenberg. With tech leaders sagging and investors heading for cover, the widely followed market bear sees similarities between two eras that showed overheated investor sentiment and an overvalued market. "The massive daily swings reflect a manic market becoming unglued," the head of Rosenberg Research wrote in his daily market note Friday. "The action is highly reminiscent of what happened in the immediate aftermath of the Nasdaq rolling off the bubble highs in March 2000." Alfred E. Neuman feeling when I look at the action in the equity market and the reasons for this relentless exuberance," Rosenberg said.

Persons: David Rosenberg, Alfred E, Neuman, Rosenberg, Russell Organizations: Rosenberg Research, Nasdaq, Tech, Nvidia, Microsoft, Dow Jones, American, of, Investors, Investors Intelligence

☆ Henry Kissinger, a dominating and polarizing force in US foreign policy, dies at 100
▼ + stars: | 2023-11-29 | by ( Paul Leblanc | Kristin Wilson | ) edition.cnn.com time to read: +15 min

Alfred Eisenstaedt/Time & Life Pictures/Getty Images Kissinger takes a call in his office in the early 1970s. Bettmann Archive/Getty Images Kissinger talks with journalists on his way to meet with NATO foreign ministers. Bettmann Archive/Getty Images Kissinger, second from left, walks with Leonid Brezhnev, secretary-general of the Soviet Communist Party, in 1973. Bettmann Archive/Getty Images Kissinger looks out a window at the King David Hotel in Jerusalem in 1975. Chip Somodevilla/Getty Images Kissinger is greeted by US Sen. John McCain after a Senate Armed Services Committee hearing in 2015.

Persons: CNN — Henry Kissinger, Kissinger, Henry Kissinger, Stephen Voss, Walter, Heinz Alfred Kissinger, Henry, William P, Rogers, Alfred Eisenstaedt, Tom Blau, Richard Nixon, Nixon, Warren Burger, Alamy Kissinger, Le Duc Tho, Tho, Wally McNamee, Corbis, Zhou Enlai, Leonid Brezhnev, Dirck Halstead, Gerald Ford, Nancy, pats, King David Hotel, David Hume Kennerly, Kirk Douglas, David, Elizabeth, Mikki Ansin, Diana Walker, Peter Southwock, Princess Diana, Colin Powell, Barbara Walters, Diana, David McNew, George W, Bush, Charles Dharapak, Christian Wulff, Stephan Schraps, Hillary Clinton, Madeleine Albright, John Kerry, Chip Somodevilla, US Sen, John McCain, Tom Williams, Ash Carter, Yin Bogu, Cui Tiankai, Zhang Chaoqun, Donald Trump, Jim Watson, Andrew Harnik, Maximilian, Daniel Vogl, Xi Jinping, Nixon’s, Reagan, ” Kissinger, CNN’s Wolf Blitzer, ”, CNN’s Fareed Zakaria, “, Lincoln, Bernie Sanders, Count, ” Sanders, Clinton, “ I’ve, Zakaria Organizations: CNN, Kissinger Associates, Bettmann, Getty, Harvard University, Harvard's Center for International Affairs, National Security Council, US Arms Control, Disarmament Agency, State Department, Camera, State, Chief, Everett, Inc, Paris Peace Accords, MPI, NATO, Soviet Communist Party, Hulton, King, Times Newspapers, Concord Academy, Senate Energy, Richard, US Diplomacy Center, US, Armed Services, Nixon Library, Museum, Capitol, Science, Arts, New York’s, Nazis, United States Army, Jewish, Pentagon, CBS News, Richard Nixon Presidential Library, Republican Party Locations: Nazi Germany, Connecticut, Washington , DC, Fürth, Germany, United States, Paris, Beijing, ITAR, Washington ,, Japan, Egypt, Israel, Jerusalem, Massachusetts, Boston, New York, Yorba Linda , California, Berlin, Xinhua, AFP, Bavarian, Vietnam, China, Cambodia, Chile, Soviet, Saigon, Laos, New, Furth, Nazi, Soviet Union, South Vietnam, North Vietnam, Fuerth

☆ Henry Kissinger, the towering American diplomat, dies at age 100
▼ + stars: | 2023-11-29 | by ( Marty Steinberg | ) www.cnbc.com time to read: +25 min

President Gerald Ford (left) and Secretary of State Henry Kissinger talk together in the Oval Office, February 19, 1975. In his 2001 book "The Trial of Henry Kissinger," social critic Christopher Hitchens called him a war criminal. North Vietnam's Le Duc Tho (left) and US National Security Advisor Henry Kissinger at the Paris peace talks, January 1973. Chairman Zedong of the People's Republic of China meets U. S. Secretary of State Henry Kissinger on Nov. 12, 1973. On a helicopter during the period of shuttle diplomacy in the Middle East, Henry Kissinger talks to his wife, Nancy.

Persons: Henry Kissinger, —, Richard Nixon's, Kissinger, Richard Nixon, Richard Corkery, Duc Tho, Gerald Ford, Benjamin E, Ford, Warren Burger, Kissinger's, Paula, Gene, Forte, Seymour M, Hersh bashed Kissinger, Walter Isaacson's, Christopher Hitchens, Greg Grandin, Niall Ferguson, Kant, Clausewitz, Bismarck, Barry Gewen, Gewen, Elizabeth Holmes, Nixon, George Shultz, Holmes, Heinz Alfred Kissinger, Louis, Walter, Hitler, Kissingers, Fritz Kraemer, William Yandell Elliott, Spengler, Toynbee, Metternich, Castlereagh, Alfred Eisenstaedt, Mike Wallace, Wallace, Kennedy, Johnson, Republican Nelson Rockefeller, George Romney, Hubert Humphrey, Democratic Sen, George McGovern, McGovern, Nguyen Van Thieu, Reg Lancaster, Tho, Thieu, Mao, Gen, Agha Muhammad Yahya Khan, Nicolae Ceausescu, Zhou Enlai, Leonid Brezhnev, Andrei Gromyko, Dirck, Sen, Henry Jackson, Charles Vanik, Brezhnev, Spiro Agnew, Archibald Cox, Cox, Robert Bork, White, Alexander Haig, Anwar Sadat, David Hume Kennerly, Marxist Salvador Allende Gossens, Fidel Castro's, Martin Bernetti, Allende, Augusto Pinochet Ugarte, Pinochet, Ann Fleischer, Elizabeth, David, Nancy Maginnes, Rockefeller, Jill St, John, Candice Bergen, Shirley MacLaine, Liv Ullman, Diane Sawyer, , Napoleon, Nancy, David Rubinger, Maginnes, Moshe Dayan, Robert Dallek, Nixon's, Bob Woodward, Carl Bernstein, Paula Kissinger, Brooks Kraft Organizations: Gould, Kissinger Associates, National Security, Waldorf, Astoria, Richard Corkery | New York Daily, Forte, Soviets, State, Chief, New York, Theranos Inc, Economic, Nuremberg, George Washington High School, City College of New, Army, 84th Infantry Division, U.S ., Hesse . Harvard, Harvard, Confluence, Foreign, Eisenhower, Republican, Republican National Convention, Rockefeller and Michigan Gov, Democratic, District of Columbia, US National Security, Getty, Paris Peace, North, Nationalist, China, Bettmann, East Pakistan, of, U.S, Soviet Union ., Ballistic, Soviet, Washington, Egyptian Third Army, Department, West, Marxist, Museum, AFP, CIA, Israeli, Southern California Quaker, White, Partners, Power Locations: New York City, U.S, Connecticut, Richard Corkery | New, United States, Vietnam, Saigon, Viet, Soviet Union, Communist China, Israel, Egypt, Syria, Chile, Pakistan, Theranos, Ukraine, Russia, Davos, Switzerland, Fuerth, Germany, Bavarian, American, Nazi Germany, London, New York, City College of New York, Ahlem, Hanover, German, Krefeld, Hesse, Cambodia, Massachusetts, Haiphong, Paris, North, China, Washington, Taiwan, People's Republic of China, Beijing, Moscow, India, East, Bangladesh, Shanghai, USSR, Soviet, Kremlin, Dirck Halstead, Ohio, Saudi, Japan, Sinai, Alexandria, Cairo, Suez, Americas, Santiago, Cuba, Chilean, America, Europe, Virginia, Southern California

People walk by the Federal Reserve Bank of New York in the financial district of New York City, U.S., June 14, 2023. REUTERS/Shannon Stapleton//File Photo Acquire Licensing RightsCompanies Federal Reserve Bank of New York FollowNEW YORK, Sept 25 (Reuters) - A judge on Monday dismissed a lawsuit accusing the Federal Reserve Bank of New York of illegally firing two longtime employees who claimed religious objections in refusing to be vaccinated against COVID-19. The New York Fed began requiring COVID-19 vaccines for all employees in August 2021. The New York Fed declined to comment. The case is Gardner-Alfred et al v Federal Reserve Bank of New York, U.S. District Court, Southern District of New York, No.

Persons: Shannon Stapleton, District Judge Lewis Liman, Lori Gardner, Alfred, Jeanette Diaz, Gardner, Diaz, Liman, John Balestriere, Alfred et, Jonathan Stempel, Aurora Ellis Organizations: Federal Reserve Bank of New, REUTERS, Federal Reserve Bank of New York, COVID, U.S, District, New York Fed, Catholic, New, Fed, Court, Southern District of, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, Manhattan, Bronx , New York, Bayonne , New Jersey, New York, COVID, Southern District, Southern District of New York

CNN —Demolition of the Los Angeles area home where Marilyn Monroe spent her last months has been put on hold by Los Angeles City Council, following a last-minute motion aimed at designating the house a Historic-Cultural Monument. Baron/Hulton Archive/Getty Images Norma Jeane Mortenson, who later changed her name to Marilyn Monroe, was born in 1926 in Los Angeles. Hulton Archive/Getty Images She was in several movies in 1950, including "The Asphalt Jungle" and "All About Eve." Hulton Archive/Getty Images Monroe wins a trophy at the "Star Of Tomorrow" Awards in Los Angeles in 1952. Bettmann Archive/Getty Images Monroe and former Yankees baseball player Joe DiMaggio leave city hall after their wedding.

Persons: Marilyn Monroe, Traci, Baron, Norma Jeane Mortenson, Gladys Baker, Marilyn, Claudette Colbert, Monroe, Jim Dougherty, Grace McKee, Grace, Michael Ochs, Norma Jeane, Emmeline Snively, Richard C, Miller, Donaldson, they're, Ben Lyons, Lyon, Theisen, he'd, Mira Sorvino, Frank Cronenweth, Peggy Martin, Shutterstock Monroe, Phil Moore, J R, she's, Johnny Hyde, Nancy Lee Andrews, you'll, Earl Leaf, Ray Anthony Band, Shutterstock, David Wayne, Christina Newland ., Kardashian, Amber Tamblyn, Alfred Eisenstaedt, Jane Russell, Joe DiMaggio, Amy Greene, Monroe's, Matty Zimmerman, DiMaggio, Joe, it's, Ella Fitzgerald, that's Ella Fitzgerald, Ed Feingersh, Elizabeth Winder, Ellen Burstyn, Arthur Miller, ullstein, He's, Harold Clements, Queen Elizabeth II, Laurence Olivier, Sugar Kane, Billy Wilder, I'm, Christina Newland, John F, Kennedy, Robert Kennedy, It's, Cecil W, Marilyn Monroe's, ”, “ Organizations: CNN, Los Angeles City Council, Department of Building, Safety, Hulton, Michael Ochs Archives, Model Agency, Century Fox, Columbia Pictures, Columbia, West Hollywood, Photoplay, Getty, Gentlemen, Fox, Hollywood, Bettmann, Yankees, US, Tiffany Club, New York, Grand Central, Queen, Royal, Daily Herald, Stoughton, Alamy, Los Angeles City, Historic Resources Locations: Los Angeles, Brentwood, Monroe, West Virginia, Columbia, Warrenburg , New York, American, Hollywood, Korea, York, New York, California, Hollywood , California, New, Grand, London, England, Polyclinic, Madison

☆ Harvey Weinstein is demanding $1 million from a man he claims stole his Banksy paintings
▼ + stars: | 2023-07-18 | by ( Jack Newsham | ) www.businessinsider.com time to read: +2 min

Harvey Weinstein says a man lent him $350,000 for bail but won't return art used as collateral. He's demanding the return of the other Banksy and six other works — or $1 million. Reich is refusing to hand the remaining Banksy over, along with six other works of art that he'd been holding in case the Banksy works lost value. Robert Hantman, Weinstein's lawyer, said the two men were acquaintances and Reich lent Weinstein the money when he was trying to make bail. The lawsuit seeks the return of whatever Banksy works Reich might still have, as well as the other six works.

Persons: Harvey Weinstein, Banksy, Weinstein, Steven Michael Reich, Reich, he'd, Robert Hantman, Reich didn't, Alfred Eisenstaedt, Ron Agam Organizations: Service, Mohawk Correctional Locations: Wall, Silicon, Manhattan, Los Angeles, York

☆ Swiss regulator deflects blame for Credit Suisse debacle
▼ + stars: | 2023-04-05 | by ( John O'Donnell | ) www.reuters.com time to read: +3 min

BERN, April 5 (Reuters) - Switzerland's financial regulator deflected blame for the collapse of the country's second-biggest bank, Credit Suisse, saying it had been quick to respond, calling instead for more powers to take lenders to task. Axel Lehman had told shareholders he was 'truly sorry" for taking Swiss bank to the brink of bankruptcy. "Our instruments hit their limits ... as seen in the case of Credit Suisse," said Amstad, making a rare public appeal for more power. But, as we have seen, Credit Suisse paid billions in fines and that didn't change its catastrophic business strategy," said Dominik Gross of the Swiss Alliance of Development Organisations. While the takeover of Credit Suisse has been agreed, many hurdles, such as winning regulatory approval from countries around the world, lie ahead.

ZURICH, April 4 (Reuters) - Credit Suisse (CSGN.S) will face shareholder anger on Tuesday at what will be its final annual general meeting after the bank was rescued last month by Swiss rival UBS (UBSG.S). Tuesday's shareholder meeting marks an ignominious end for the 167-year-old flagship bank founded by Alfred Escher, a Swiss magnate affectionately dubbed King Alfred I, who helped build the country's railways and then Credit Suisse. After a run on deposits, the Swiss government turned to UBS, which agreed to buy Credit Suisse for 3 billion Swiss francs ($3.3 billion), a fraction of its earlier market value. In the lead up to Tuesday, Credit Suisse said it had withdrawn certain proposals from the meeting's agenda. Meanwhile, the office of the attorney general on Sunday said Switzerland's Federal Prosecutor has opened an investigation into the Credit Suisse takeover.

[1/2] The logo of the Swiss bank Credit Suisse is seen in Zurich, Switzerland March 20, 2023. While the nation's central bank and financial regulator publicly declared that Credit Suisse was sound, behind closed doors the race was on to rescue the nation's second-biggest bank. The Swiss National Bank declined to comment while the finance ministry did not respond to a request for comment. Battered by years of scandals and losses, Credit Suisse for months had been battling a crisis of confidence of its own making. By Wednesday, two days later, Credit Suisse was swept up in a full-blown crisis.

☆ How Credit Suisse has evolved over 167 years
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +5 min

Here is how Credit Suisse has developed over 167 years:1856Politician and business leader Alfred Escher founds Schweizerische Kreditanstalt (SKA) to finance the expansion of the railroad network and promote Swiss industrialisation. 1997A reorganisation turns CS Holding into Credit Suisse Group and drops the SKA name; it also buys insurer Winterthur, a strategic partner. 2002A reorganisation creates two units: Credit Suisse Financial Services and Credit Suisse First Boston; two years later it splits into three units by adding Winterthur. 2005Credit Suisse and CSFB merge and stop using the Credit Suisse First Boston brand name. The Swiss authorities provide assurances that Credit Suisse has met "the capital and liquidity requirements imposed on systemically important banks".

☆ The evolution of Credit Suisse over 166 years
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +4 min

1990The group takes a controlling stake in U.S. investment bank CS First Boston and buys Bank Leu, a Swiss private bank. 1997A reorganisation turns CS Holding into Credit Suisse Group and drops the SKA name; it also buys insurer Winterthur, a strategic partner. 2002A reorganisation creates two units: Credit Suisse Financial Services and Credit Suisse First Boston; two years later it splits into three units by adding Winterthur. 2005Credit Suisse and CSFB merge and stop using the Credit Suisse First Boston brand name. In March, U.S. investment fund Archegos implodes, saddling Credit Suisse with a $5.5 billion loss.

☆ Explainer: Credit Suisse in spotlight ahead of strategy shift
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +5 min

WHY IS CREDIT SUISSE IN THE SPOTLIGHT? A spying scandal forced then-CEO Tidjane Thiam to quit in 2020, and Switzerland's financial regulator said Credit Suisse had misled it about the scale of its surveillance. His successor Thomas Gottstein lasted until July 2022, when Credit Suisse turned to restructuring expert Ulrich Koerner as CEO and launched a second strategic review within a year. Credit Suisse is looking to sell the Savoy Hotel in central Zurich, which could be worth 400 million Swiss francs. Since its foundation in 1856, Credit Suisse has played a central role in the history and development of Switzerland.

☆ (foto) „Nu a fost alegerea mea să fiu sărutată…” Cele mai importante șapte săruturi din istorie
▼ + stars: | 2020-07-06 | by ( Onixmedia Srl | ) diez.md time to read: +4 min

(foto) „Nu a fost alegerea mea să fiu sărutată…” Cele mai importante șapte săruturi din istorieDeși piesa spune că un sărut nu este întotdeauna doar un sărut, acesta poate fi politic sau poate avea un impact social puternic. Un sărut poate deveni iconic atunci când este într-un film sau chiar dacă sărutul în sine a fost nedorit. De ziua mondială a sărutului, v-am pregătit mai jos o listă care conține șapte dintre cele mai importante săruturi din istorie. Zimmer însăși a spus într-un interviu oferit Bibliotecii Congresului în 2005: „Nu a fost alegerea mea să fiu sărutată… tipul tocmai a venit și m-a sărutat!”. Sărutul a avut loc când Brejnev a vizitat Berlinul de Est pentru a sărbători cea de-a 30-a aniversare a Republicii Democrate Germane (adică Germania de Est).

Persons: Vaughn Bryant, - lea, Iuda, Matei, Marcu, Iisus, Al Pacino, May Irwin, John C . Rice, May Irwin kiss, Brown, Filmulețul, William Selig, Zimmer, George Mendonsa, Greta, Alfred Eisenstaedt, Victor Jorgensen, Eisenstaed, William Shatner, Nichelle Nichols, Leonid Brejnev, Erich Honecker, Brejnev, Dmitri Vrubel Organizations: University, Times Square, Congresului Locations: Texas, Kiss, Chicago, Japoniei, Manhattan, Japonia, Al, Statelor Unite, Uniunii Sovietice, Berlinul, Est, Republicii Democrate, Germania de Est

☆ Sute de cupluri din SUA au recreat celebra imagine a sărutului imortalizată în 1945 în Times Square
▼ + stars: | 2015-08-15 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Sute de cupluri au recreat vineri, la New York, imaginea sărutului din Times Square, dintre un soldat din US Navy și o infirmieră, imortalizată la 14 august 1945. Această imagine a fost considerată de-a lungul deceniilor care au urmat drept un simbol al bucuriei provocate de încheierea celui de-al Doilea Război Mondial, transmite agerpres.ro. Fotografia intitulată „V-J Day in Times Square” (V-J fiind prescurtarea de la Victory over Japan, Victoria asupra Japoniei) a fost realizată de Alfred Eisenstaedt imediat după explozia de fericire cu care mulțimea adunată în Times Square a primit vestea capitulării Japoniei, prin care conflagrația mondială a luat sfârșit. Anunțul referitor la sfârșitul războiului a fost primit cu exuberanță. Fotografia făcută chiar atunci a fost publicată o săptămână mai târziu în revista „Life”.

Persons: Alfred Eisenstaedt Organizations: Times Square, US Navy, New York Times Locations: New York, Times, Victoria, Japoniei

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