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The lighting of the Olympic cauldron is a spectacle steeped in both tradition and secrecy. With just one day until the opening ceremony, the identity of the individual who will light the cauldron remains unknown. The 25-year-old led France to 2018 World Cup triumph, becoming the second teenager in history (after Pelé) to score in a final, then led France to another World Cup final in 2022. He was the team’s leading scorer during its 1998 World Cup title run and later transitioned to coaching after retirement. AdvertisementTony ParkerTony Parker had his number retired before a French Olympic tuneup game earlier this month.
Persons: Tony Estanguet, , Marie, José Pérec Marie, José Pérec, Loup Gautreau, Pérec, Estanguet, Zinedine Zidane, Ballon, Zidane, headbutting Italy’s Marco Materazzi, Kylian, Mbappé, Real Madrid Omar Sy, Sy, Lupin, Haakon, Chung Sun, Emmanuel Macron, Macron, Thierry Henry Thierry Henry, Nicolas Tucat, Henry, Victor Wembanyama, Thomas Pesquet, Pesquest, Martin Fourcade Fourcade, Tony Parker Tony Parker, Maxime Gruss, Tony Parker, Star, Joel Embiid, Jean, Pierre Siutat, Athletic Embiid, Embiid, , Weis, Naomi Osaka, Yuna Kim, Cordeiro de, Vladislav Tretiak, Wayne Gretzky, Steve Nash, Christian Petersen Organizations: Getty, Summer Games, headbutting, Real Madrid, Games, Globe, French, Arsenal, France, France’s U21, Space, Getty Images, San Antonio Spurs, NBA, FIBA, French Federation of Basketball, Athletic, Philadelphia 76ers, Blues, spurning Locations: Paris, France, AFP, Barcelona, Atlanta, Guadeloupe, Norway, South Korea, Pyeongchang, United States, French, Cameroon, spurning France, Tokyo, Rio de Janeiro, Cordeiro de Lima, Sochi, London, Vancouver
The global software outage last week caused thousands of travelers flying in the United States and internationally to have their flights delayed, canceled or both. In the days that followed, some airlines were trying to reboot critical computer systems affected by the outage, with many of their passengers still stranded at airports. During a travel meltdown, it may seem nearly impossible for air travelers to find immediate help. Passengers who foot the bill for last-minute lodging and other expenses are entitled to reimbursement if their flights were impacted by an event in the airlines’ control, like the CrowdStrike outage. [Are you seeking compensation from an airline following the Crowdstrike outage?
Locations: United States
If you were flying — or planned to fly — last week, your travel plans might have been snarled by an I.T. outage that kneecapped myriad industries and critical services worldwide. On Friday, July 19, alone, nearly 14 percent of the scheduled flights in the United States were canceled and 56 percent were delayed, according to Cirium, an aviation data company. Did you get help from the airlines in paying for any meals, transportation or accommodations? We want to hear how the airlines did.
Organizations: Delta Air Lines Locations: United States
A day after a tech outage disrupted industries worldwide, airlines are digging themselves out from the fallout of thousands of delayed and canceled flights that have left travelers stranded and searching to find a way home over the weekend. On Saturday morning, delays and cancellations had ebbed, and both domestic and international airlines said they expected to return to near normal operations. But higher than usual cancellation rates are still likely throughout the day, as airlines continue to maneuver planes and their flight crews back into position. Yesterday’s software outages immobilized airlines, affecting numerous functions, including calculating aircraft weight, checking in and communicating with travelers. The waits stacked up for passengers, and some were left with no option other than to sleep at airports.
Persons: Grace Aldrin Organizations: La Guardia Locations: New York, Chicago
‘Twisters’ and the Appeal of the Sequel
  + stars: | 2024-07-20 | by ( Melissa Kirsch | ) www.nytimes.com   time to read: +2 min
That movie is “Twister,” the story of a lovably eclectic band of tornado chasers who follow soon-to-be-divorced Bill Paxton and Helen Hunt right into the eye of many storms. We got cows.”One friend said she watched it every single time she happened upon it on cable. As Janet Maslin wrote in The Times when the movie came out, “Somehow ‘Twister’ stays as uptempo and exuberant as a roller-coaster ride, neatly avoiding the idea of real danger.”This week, “Twisters,” a sequel to “Twister,” directed by Lee Isaac Chung, arrived in theaters. I didn’t have a deep-rooted relationship with the original film, but, fresh off my positive viewing experience, I didn’t feel like I needed another chapter. Why can’t we just make one good thing and then make another new thing that’s also good?
Persons: Bill Paxton, Helen Hunt, Philip Seymour Hoffman, Dorothy ”, Julia, Hoffman, Alan Ruck, Jami Gertz, Lois Smith, Todd Field, I’d, Janet Maslin, , , , Lee Isaac Chung, Glen Powell, Charlie Organizations: Times
How ‘Twisters’ Destroys a Motel
  + stars: | 2024-07-19 | by ( Mekado Murphy | More About Mekado Murphy | ) www.nytimes.com   time to read: +3 min
My name is Lee Isaac Chung and I am the director of “Twisters.” So this is a scene that happens about halfway through the film. Other interesting actors in this sequence, we have James Paxton, who is actually the son of Bill Paxton. So any time we’re filming inside of this swimming pool, there were people outside, our crew, who were destroying the set. The swimming pool had actually never been there. We had found this motel in which there were three separate structures within the motel.
Persons: Lee Isaac Chung, , Kate, Daisy Edgar, Jones, Tyler, Glen Powell, James Paxton, Bill Paxton, Lily Smith, Mark L, Smith, Samantha Ireland, Aila Grey, Jeff Swearingen, Scott Fisher, he’s yanked, Jeff, Geoff Haley
Read previewGlen Powell's hot streak in Hollywood continues with "Twisters," a new iteration of the 1996 disaster movie "Twister." Melinda Sue Gordon/Universal Pictures, Warner Bros. Pictures, and Amblin EntertainmentIn a cover story for Entertainment Weekly, the cast referred to "Twisters" as a "stand-alone sequel." "It feels like a real next chapter, whilst also having so much love for the original," Edgar-Jones told Variety, echoing the director. 'Twisters' contains nods and homages to the original movieKate (Daisy Edgar-Jones) and Tyler (Glen Powell) in "Twisters." Universal PicturesThere are also moments and costumes in "Twisters" that are reminiscent of the original movie.
Persons: , Lee Isaac Chung's, Powell, Tyler Owens, Daisy Edgar, Jones, Kate Carter, Javi, Anthony Ramos, Bill Paxton, Helen Hunt, Jo, Kate, Tyler, Glen Powell, Melinda Sue Gordon, Jo Harding, Paxton, Chung, I've, Edgar, Dorothy, Bill, Dorothy V, Patrick Sullivan, Brandon Perea, Lily, Sasha Lane, Dusty, Philip Seymour Hoffman's, James Paxton, Dad, James Organizations: Service, Business, Universal Pictures, Warner Bros . Pictures, Amblin Entertainment, Entertainment, YouTube, Muskogee State University, wranglers Boone Locations: Hollywood, Oklahoma
Read previewWhen the original "Twister" movie debuted in 1996, its super-sized, cow-spinning tornadoes captivated audiences. Now, there's a sequel, "Twisters," which, in some ways, shows just how far tornado science has come in the last few decades. She helped a "Twisters" film crew scout locations and find storm footage for the new movie. Climate change is altering tornado seasonA powerful tornado can destroy homes and cars leaving devastation in their wake. The original film sparked a surge in interest in severe weather.
Persons: , Jana Houser, Kevin Thiel, Dorothy, TOTO, Harold Brooks, Houser, Lee Isaac Chung, " Houser Organizations: Service, Business, Ohio State University, OU, NOAA, Weather, Systems Lab, NWS, CNN, Universal Pictures, Warner Bros . Pictures, Amblin, University of Oklahoma's Locations: Oklahoma, Kansas, Weather.com, Alabama , Kentucky, Mississippi
Travel plans across the world were thrown into disarray on Friday, as a global technology outage disrupted businesses and services — including air travel — leaving thousands of flights canceled or delayed across the United States and beyond. While service was slowly recovering by midmorning Eastern time, the ripple effect was still snarling travel plans as delayed and canceled flights created a buildup of passengers waiting at airports, and some planes and crews out of position. “The anxiety is getting up a little,” said Adonis Ajayi, 35, at Ronald Reagan Washington National Airport on Friday morning. Messages posted on social media by travelers worldwide showed flights grounded, some terminal monitors down and crowds of stranded passengers waiting at airport gates and customer service desks. Some passengers at one airport in India had to stand in long lines to obtain handwritten boarding passes.
Persons: , Adonis Ajayi, Ronald Reagan, Ajayi, “ I’ve, CrowdStrike Organizations: Ronald Reagan Washington National Airport, Key West, Microsoft Locations: United States, Ronald Reagan Washington, Key, Fla, India
Noah Berlatsky Noah BerlatskyAnd yet both, despite being centered on extreme weather events, avoid mentioning climate change directly. In the mid-1990s the right was already moving toward climate change denial. The characters’ silence is louder at a time when in real life many Republican leaders continue to deny climate change is a problem. The current Republican platform doesn’t mention global warming at all, and GOP presidential nominee Donald Trump has denied the scientific consensus on climate change. In a 2022 survey, only 23% of Republicans thought climate change was a major threat.
Persons: Noah Berlatsky, CNN — Lee Isaac Chung’s “, Noah Berlatsky Noah Berlatsky, , Kate, Daisy Edgar, Jones, Javi, Anthony Ramos, Tyler Owens, Glen Powell, she’s, Tyler, Lee Isaac Chung’s “, Donald Trump, James Whale’s, Frankenstein, Frankenstein ”, Bill Paxton, Helen Hunt, it’s, , Twisters Organizations: CNN, YouTube, Warner Bros, Hollywood, Republican, GOP Locations: Chicago, Oklahoma, New York
‘Twisters’ Review: When the Monster Is Real
  + stars: | 2024-07-18 | by ( Alissa Wilkinson | ) www.nytimes.com   time to read: +3 min
My name is Lee Isaac Chung and I am the director of “Twisters.” So this is a scene that happens about halfway through the film. Other interesting actors in this sequence, we have James Paxton, who is actually the son of Bill Paxton. Really, the intent of doing this was to create that feeling, that subjective feeling of what it’s like to experience a tornado in real time. So any time we’re filming inside of this swimming pool, there were people outside, our crew, who were destroying the set. The swimming pool had actually never been there.
Persons: Lee Isaac Chung, , Kate, Daisy Edgar, Jones, Tyler, Glen Powell, James Paxton, Bill Paxton, Lily Smith, Mark L, Smith, Samantha Ireland, Aila Grey, Jeff Swearingen, Scott Fisher, he’s yanked, Jeff, Geoff Haley
Warner Bros./Everett CollectionSafety and science matterFor starters, experts hope safety will be emphasized amid all the gasp-inducing (and very windy) set-pieces. “This could potentially create more dangerous conditions in the climate of storm chasing,” she said of the new movie. Smith also hopes the movie gets people excited not only about the storms themselves, but the research and science behind them. There is a new opportunity for future meteorologists to bud, but not just meteorologists and not just kids,” she said. It is presented by Warner Bros., which like CNN is a part of Warner Bros.
Persons: ” Jan de Bont’s, Elizabeth Smith, , , ’ ” Smith, Jo, Bill, Helen Hunt, Bill Paxton, Dr, Harold E, Brooks, Brooks –, , Brandon Miller, ” Miller, Smith, Jo Harding, ” Smith, ‘ Jo ’, Laura Dern, Lee Isaac Chung, Daisy Edgar, Jones, Glenn Powell, Rebecca Kopelman, it’s, Kopelman Organizations: CNN, University of Oklahoma’s, Meteorology, Warner Bros, Everett, Iowa’s, Warner Bros . Locations: Finland,
CNN —Like its titular tornados, “Twisters” blasts through a lot in its 122-minute runtime. Generally, scientists are the least certain about the connection between tornadoes and climate change as it’s unclear how warming temperatures are changing storms themselves or the outbreaks. Cathy, a local farmer, gripes that storms and floods are becoming more frequent, and the price of wheat more expensive, while stopping short of citing climate change. However, for a film populated by scientists and clued-in citizens to not mention climate change is a little like the twisters themselves: there’s a hole at the center. !”“Making a ‘Twisters’ movie in Tornado Alley during storm season, tornado season, it’s kind of perfect.
Persons: Glen Powell’s brawn, , , Lee Isaac Chung, “ We’ve, , Javi, Anthony Ramos, Kate, Daisy Edgar, Jones, ” Lee, Maura Tierney’s, Cathy, that’s, Lee, Glen Powell, Mark L, Smith, Joseph Kosinski, it’s, we’re, Kevin Costner, Yorgos, Matt Smith, Fabien Frankel, Anya Taylor, Joy, Max, George Miller, Chris Hemsworth, Samsik, Kang, , Nicola Coughlan, Luke Newton, Guy, Ryan Gosling, Emily Blunt, David Leitch, stuntmen, Jane Schoenbrun, Justice Smith, Brigette Lundy, Paine, Josh O'Connor, Idris Elba, Adam Pally, Hao Xuande, Sandra Oh, Chan, Henry Cavill, Alex Pettyfer, Guy Ritchie's, Guy Ritchie, Jerry Bruckheimer, Isabella Rossellini, Kristen Stewart, she's, Denis Villeneuve, Frank Herbert's, Jessica Chastain, Austin Butler, Ambika Mod, Leo Woodall, Molly Manning Walker, Bryan Cranston, Matthew Vaughn, Ava DuVernay, Aunjanue Ellis, Taylor, Paul Mescal, Andrew Scott, George Clooney, Pedro Alonso, Penelope Cruz, Laura Garello Ferrari, Adam Driver, Michael Mann, Emma Stone, Bella Baxter, Willem Dafoe, Mark Ruffalo, Ramy Youssef, Imelda Staunton, Dominic West, Ncuti Gatwa, Paul King, Hugh Grant's Oompa, Napoleon, Vanessa Kirby, Ridley Scott, Nicolas Cage, Emerald Fennell, Jacob Elordi, Priscilla, Sofia Coppola, Elvis Presley, Kitty Green, Justine Triet, Sandra Hüller, Palme, Ryu Seungryong, Oppenheimer, Christopher Nolan, Cillian Murphy, Robert Downey Jr, Margot Robbie, Ken, Greta Gerwig, Mattel, Tom Cruise, Christopher McQuarrie, Simon Pegg, Scarlett Johansson, Jason Schwartzman, Adrien Brody, Jeffrey Wright, Wes Anderson, Celine Song, Greta Lee, Halle Bailey, Javier Bardem, Kim Woo, Seung, Cho Ui, seok, Jan de Bont’s, ” Glen Powell, Melinda Sue Gordon, Ramos, Powell, everybody’s weirdly, ” Powell, Tyler Owens, “ I’m, anyone’s Organizations: CNN, , Universal Pictures, Warner Bros ., CNN CNN, Ungentlemanly, Locations: Midwest, Oklahoma, Arkansas, Korea, Modena, Palme d'Or,
Hong Kong CNN —There are a lot of princesses at Hong Kong Disneyland, but not the ones you think. Hair carefully coiffed, and in full makeup Liang Xiaoyu, 18, is dressed for a day out at Hong Kong Disneyland. Noemi Cassanelli/CNNAnd at Hong Kong Disneyland, Disney characters aren’t the sole fashion inspiration for dedicated fans. Li Mengru, 27, poses for a picture during an interview with CNN, at the entrance of Hong Kong Disneyland on June 7, 2024. Yang Yushen, who also goes by Kris, and his partner Jimmy Redinger like the romantic side of Hong Kong Disneyland.
Persons: “ Duffy, , Liang Xiaoyu, Noemi Cassanelli, CNN Liang, Mary Janes, Duffy, Qin Wuxiao, Jessie, it’s, Charmy Chan, Yanni Chung, Judy, Nick Wilde, , Chan, CNN Oscar Yim, Captain America, Marvel, CNN Jing Hongche, Li Sitan, CNN Charmy Chan, Chung, Li Mengru, Chen Xinyu, Li, Chen, Linda Lee, CNN Li, Cassanelli, Yang Yushen, Kris, Jimmy Redinger, Ankh Wong, Kris Yang, Yang, Zootopia, Hercules ”, Redinger, Disney, Mariko Otomo, Nozomi Yasuda, Yuka Izawa, CNN Otomo, China’s “ meng ”, Mariko Otomo kitted, Deng Chundan, CNN Deng Chundan, Le, Godiva, Chow Tai, Gen, ” Shen Jing, CNN Linda Lee, CNN Chen Xinyu, CNN Lee, CNN Chen, lacy Organizations: Hong Kong CNN, Disney, CNN, Hong Kong Baptist University, USA, Captain, Hong Kong Disneyland, Marvel, , Hong, Hong Kong Tourism, Hong Kong Locations: Hong Kong, Guangzhou, Hong, China’s Fujian, Guangdong, Japan, Arendelle, Tomorrowland, Tsim Sha Tsui, China, Southeast Asia, Philippines, Thailand, Singapore, South Korea, Grizzly Gulch, United States, Chinese, Hebei, Asia, Hangzhou
Goldman Sachs initiated coverage of Disney with a buy rating and a price target that implies more than 20% upside. Elsewhere, Piper Sandler raised its price target on Uber, calling for nearly 25% upside. Analyst Jonna Kim simultaneously raised her price target to $30 from $28, citing a likelihood in earnings upside. As a catalyst, Kim cited "potential upside to FY24 Street estimates given solid topline momentum combined with margin expansion on continued inventory & expense management." — Lisa Kailai Han 5:41 a.m.: Goldman Sachs initiates Disney with a buy rating Disney has room for upside growth ahead, according to Goldman Sachs.
Persons: Goldman Sachs, Raymond James, Piper Sandler, TD Cowen, Jonna Kim, Kim, Lisa Kailai Han, Jeff Chung, Chung, — Lisa Kailai Han, Ranjan Sharma, Sharma, Uber, Thomas Champion's, AMZN, Michael Ng, Ng, Raymond James downgrades, RJ Milligan, Milligan, PENN, Fred Imbert Organizations: CNBC, Disney, Penn Entertainment, Navy, Citi, IHS, Volkswagen, JPMorgan, Google, Yahoo, Uber, ESPN, Netflix, Disneyland, Raymond James downgrades Penn Entertainment, NFL, Penn Locations: 2024E, 2025E, Singapore, TikTok, Indonesia, Philippines, Malaysia, Monday's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia will continue to experience many corrections along the way, says Alger CEOAlger CEO Dan Chung joins 'Closing Bell' to discuss Nvidia, the tech run, and valuations.
Persons: Alger, Dan Chung Organizations: Nvidia
No shortage of problems can affect a flight, fueling traveler anxiety and contributing to thousands of daily delays and cancellations around the world. But for all of the frustration and alarm such events cause, it can be difficult to interpret and understand their severity. Here’s how aviation safety experts say travelers should think about disruptions when they occur. Several alarming air travel incidents have made headlines in recent weeks — a sharp plunge toward an ocean, an unnerving wobble that damaged the tail of a plane and an aborted departure after an apparent engine fire. But the most common mishaps and malfunctions, even if hair-raising, are not typically severe, experts said.
Read previewIt's been five years since nutrition scientist Kevin Hall made a startling discovery that changed the way we view ultra-processed foods. It was the first randomized controlled study of its kind, and it changed the way we view ultra-processed foods. Aleksandr Zubkov/Getty ImagesHe wants to understand precisely why ultra-processed foods do what they do and what—if anything—we can do to make them healthier. Ultra-processed foods attack our brainsPaul Bradbury/Getty ImagesWe've known for a long time that ultra-processed foods are associated with all kinds of bad health outcomes, from more early death, to extra strokes, and additional heart attacks. Related storiesBut whether the entire category — all packaged, ultra-processed foods are inherently bad for us by nature — is still an open question.
Persons: , Kevin Hall, Hall, Stephanie Chung, Jennifer Rymaruk, Aleksandr Zubkov, he's, we'll, Paul Bradbury Organizations: Service, National Institutes of Health, Business, Getty, Washington Post, National Institutes, NIDDK, Nestle Locations: NIDDK, Bethesda , Maryland, veggies
Any energy disruption will slow down chipmaking and raise global semiconductor prices, Webster said. "Taiwan's electricity crunch could throw a wrench in global semiconductor markets," he said, adding that interruptions could reverberate across the global industry. The global semiconductor manufacturing industry is estimated to double its market size in revenue by 2030, and is poised to consume 237 terawatt hours (TWh) of electricity by then, a Greenpeace report said. Joseph Webster Atlantic Council's Global Energy CenterElectricity consumption from Taiwan's semiconductor manufacturing industry is set to increase 236% between 2021 and 2030, the same report found. "The global electricity industry has been surprised by the pace and scale of electricity demand from artificial intelligence's data centers," said Webster, adding that Taiwan's future electricity consumption is subject to "considerable uncertainty."
Persons: Council's Webster, Webster, Joseph Webster, Chen, Chung Organizations: Taiwan Semiconductor Manufacturing, Apple, Nvidia, Greenpeace, Joseph Webster Atlantic, Global Energy Center Electricity, Hua Institution Locations: Taiwan
Hong Kong is known as a global center of trade and finance, but the city has much more to offer. Here are some must-do daytime experiences to check out between meetings and conferences, transforming your time in Hong Kong from "work trip" to an enriching "bizcation." Sample daytime bizcation itinerary Grab a plastic stool at Shui Kee Coffee to try some of the city's best French toast and Hong Kong milk tea. Find inspiration in Hong Kong's colorful art sceneThere are dozens of museums sprinkled around Hong Kong, but M+ is arguably its most impressive. Hong Kong Tourism BoardIf you're looking for a quiet escape, hop on a ferry to Cheung Chau, a much-loved getaway for Hong Kongers.
Persons: Shui Kee Coffee, Qing, it's, It's, Yau Ma, HKwalls, Ling Lane, Chan Lane, Chung, you've, Wong Tai, Nan Lian Garden, Tai, Hing, Get, Cheung Chau, Hong Kongers, Yang Organizations: Shui, Kowloon Cultural, Hong, Hong Kong Palace Museum, . Hong Kong Tourism Board, Art, Hollywood, Lin, Hong Kong Tourism Board, Hing Kee, Michelin, Rosewood Hong, Insider Studios Locations: Hong Kong, Shui Kee, Kowloon, Victoria Harbour, Hong Kong Palace, Jordan, . Hong Kong, Sai Ying, Wong Tai Sin, Mo, Sheung Wan, Tai Sin, Hing Kee Shanghai, Cheung
They may also be one of the cat breeds that live the longest. Most cat breeds are less than 150 years old, and there isn't a lot of information on how differences between the various types affect their lifespans. To help change that, a recent study compared 12 common cat breeds to determine which ones live the longest. Predicting the life expectancy of catsBirman cats were among the longest-lived cats in a recent study on breed life expectancies. AdvertisementFor example, siamese and mixed-breed cats' life expectancies were over 11.5 years, whereas others — Norwegian Forest, Maine Coon, Russian, and British — were over 9.5 years.
Persons: , Dan O'Neill, Shirlaine Forrest, Maine Coons, expectancies, Norwegian Forest , Maine Coon, Leslie Lyons, Birmans, Lyons, it's, Pulsub Organizations: Service, Business, London's Royal Veterinary College, Chung Hsing University, Maine Coon, University of Missouri, of Feline Medicine Locations: Taiwan, Maine, Ragdolls, Norwegian Forest , Maine, British, Bengal, Russian
They are vigilante taxi drivers taking direct action, having become increasingly frustrated about Hong Kong authorities’ failure to regulate the ride-hailing platform. Noemi Cassanelli/CNNA Uber app is seen on a mobile phone in Hong Kong, China, on May 24, 2024. Patrick Tam, secretary general of the Hong Kong Taxi & Public Light Bus Association, acknowledged the complaints against some unruly taxi drivers, and said he supported the police going after them. “We just want fair treatment.”So far, Hong Kong police have said they had not arrested any Uber drivers ensnared in the amateur sting operations. And CUHK’s Chan said that, after years of ambiguity, Hong Kong is already playing catch-up.
Persons: Ka Chun, , Uber, Noemi Cassanelli, CNN Uber, , Oliver Chan, Hong, John Lee, Lau, tim, ” Jason Chan, Mo, “ Uber, Patrick Tam, CNN Estyn Chung, CUHK’s Chan Organizations: CNN, Hong, Chinese University of Hong, Taxi, Pictures, hackney, CNN Taxis, HK, Hong Kong Taxi, Light Bus Association, Uber Taxi, Uber Locations: Hong Kong, China, Central, Chinese University of Hong Kong, Jordan, Singapore
CNN —Virginie Viard is exiting Chanel after five years serving as the French luxury house’s artistic director of fashion collections. The designer took on the position following Karl Lagerfeld’s death in 2019 after working alongside him at Chanel for decades. Pascal Le Segretain/Getty ImagesChanel said that it wanted to thank Viard “for her remarkable contribution to Chanel’s fashion, creativity and vitality.”Just last month, Chanel’s chief executive Leena Nair told The Business of Fashion that “since Virginie took over from Karl… the Chanel fashion business has multiplied by 2.2. The Chanel ready-to-wear business has been multiplied by 2.5, and the ready-to-wear business last year of Chanel grew by 23%.”The brand’s earnings rose 16 percent to $19.7 billion in 2023. Karl Lagerfeld and Virginie Viard walk the runway during the Chanel show as part of Paris Fashion Week on October 2, 2018 in Paris, France.
Persons: Virginie Viard, Karl Lagerfeld’s, fashion’s, Lagerfeld, Gabrielle “ Coco ” Chanel, Chanel, Viard’s, , , Pascal Le Segretain, Viard “, Leena Nair, Virginie, Karl …, Fendi, Karl Lagerfeld, Gabrielle Chanel, Valentino’s Pierpaolo Piccioli, Alessandro Michele, Gucci, Sarah Burton, Alexander McQueen Organizations: CNN, Chanel, Paris Haute Couture Locations: Chanel, Paris, France, British
A decade ago, Millennium Management managed $21.1 billion and had 18 senior people — all a part of the executive committee — listed on its website. Now the $64 billion multistrategy manager has 47 names on its leadership page split among divisions like the relatively new Office of the CIO. Executive teams are often just a firm's founder and a few trusted lieutenants. Many departures from the firm's top level have been executives launching their own funds or joining Millennium colleagues starting their own funds. Michael Gelband and Hyung Lee, who once ran fixed income and equities, respectively, brought the business-development pro Peter Hornick and the risk executive Dev Joneja with them when they launched ExodusPoint.
Persons: , Izzy Englander, hasn't, Englander, Bobby Jain, Ajay Nagpal, Michael Chung, Peter Santoro, Izzy, Jain, Stephen Haratunian, Michael Gelband, Hyung Lee, Peter Hornick, Dev Joneja, Kurt Baker, Jonathan Xiong Organizations: Millennium Management, Business, Fidelity, Bloomberg, Citadel, Millennium Locations: BlackRock, New York, Asia
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTikTok star Miranda Derrick has broken her silence about a documentary that alleges she is in a cult. Netflix's "Dancing for the Devil: The 7M TikTok Cult" looks at a controversial Christian pastor, Robert Shinn, and the Shekinah Church, a small nondenominational Christian ministry he founded. Advertisement"This documentary has created a further challenge between us as I work to overcome this public attack," Derrick explained.
Persons: , Miranda Derrick, Robert Shinn, Shinn, Derrick, Melanie Wilking, Wilking, Dancer Miranda Derrick, neve, aske, ela, Bea Organizations: Service, 7M, Business, YouTube, Shekinah Church, Shinn's, 7M Films, acc Locations: Los Angeles, 7M,
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