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Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan's Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July 4, 2024. Patrick Bertoletti won Nathan's Hot Dog Eating Contest, the annual competition held on July 4, marking the end of an era after 16-time winner Joey Chestnut's falling out with the event's organizer, Major League Eating. MLE announced last month that it was parting ways with Chestnut, citing a rule that participants cannot strike endorsement deals with rivals of hot dog maker Nathan's. "For nearly two decades we have worked under the same basic hot dog exclusivity provisions," the MLE said in a statement in June. "However, it seems that Joey and his managers have prioritized a new partnership with a different hot dog brand over our long-time relationship."
Persons: Patrick Bertoletti, Geoffrey Esper, There's, frankfurter, Joey Chestnut's, Miki Sudo, MLE, Chestnut, Joey Locations: Coney, New York City, U.S, Illinois
Each year, close to two million people watch Nathan’s hot dog eating contest on ESPN, according to the frankfurter brand. Boys participating in a pie eating contest at the 4-H Club fair in Cimarron, Kansas. At the time, PR mavens Max Rosey and Mortimer Matz thought a hot dog eating competition would drum up some publicity for Nathan’s. (They also seem to have made up the legend that the first Nathan’s contest was held in 1916). “We love the Nathan’s hot dog eating competition because we love how it brings the city together,” Fellman said, standing with a group of her friends, all wearing Nathan’s hot dog eating contest T-shirts.
Persons: Jacqueline Lewis, ” Lewis, franks, frankfurter, Joey Chestnut, Apuleius ’, , Jason Fagone, Fagone, , ” Fagone, Corbis, Adrienne Bitar, Max Rosey, Mortimer Matz, Melody Andorfer, George, Richard Shea, George Shea, , Shea, Rosey, ” George Shea, Henry S, Dziekan, it’s, ” Shea, ’ ” Shea, Takeru Kobayashi, Kobayashi, Kazutoyo Arai, Spencer Platt, ” Bitar, ” Kobayashi, Bitar, you’re, , Kena Betancur, ” Beatrice Fellman, ” Fellman, Bass Organizations: New, New York CNN, CNN, ESPN, Boys, Cornell University, , Nathan’s, League, LA Times, Netflix Locations: New York, Coney Island, Coney, United States, Pennsylvania, Cimarron , Kansas, , Long, New York City, Japan, Brooklyn , NY, America, Brooklyn, Kena
As the sun set on a cloudy evening in Times Square on Friday, a 65-foot-long frankfurter cantilevered into the sky and spewed out a blast of rainbow confetti. of its bun, drag wrestlers were finishing their match in an elevated boxing ring, practically twerking on the ropes, cheered on by hundreds of spectators. It was the first public event for “Hot Dog in the City,” an installation for Times Square Arts, the largest work that the organization has ever commissioned. The giant wiener was created by Jen Catron and Paul Outlaw, married Brooklyn artists whose métier is often interactive, food-based spectaculars that also question the lore — and lure — of Americana. When they hit upon the hot dog, a national symbol of patriotism and also an emblem of the hard-to-digest truth about mass production and labor, consumerism and marketing, it seemed like a natural match for the setting.
Persons: wiener, Jen Catron, Paul Outlaw Organizations: Times Square Arts, Brooklyn Locations: City
It set a plausibly expedited schedule for considering a question of significant constitutional moment, one that would ordinarily be resolved by the justices in a definitive opinion. But the court’s order appeared to ignore the enormous elephant in the room: the looming election that makes Mr. Trump’s trial on charges that he had plotted to overturn the 2020 election a race against time. The schedule the court set could make it hard, if not impossible, to complete Mr. Trump’s trial before the 2024 election. Should Mr. Trump win at the polls, there is every reason to think the prosecution would be scuttled. Jack Smith, the special counsel overseeing the prosecution, never cited the November election as a reason for the court to move quickly.
Persons: Felix Frankfurter, , Donald J, Trump’s, Trump, Jack Smith Locations:
You gotta pay your bills.’”NATO Secretary-General Jens Stoltenberg said that the 31 allies are committed to defending each other. Photos You Should See View All 21 Images“NATO remains ready and able to defend all allies. Under NATO’s mutual defense clause, Article 5 of its founding treaty, all allies commit help of any member who comes under attack. Article 5 has only ever been activated once – by the U.S. in the wake of the Sept. 11, 2001, attacks. NATO has undertaken its biggest military buildup since the Cold War since Russia invaded Ukraine in February 2022.
Persons: Donald Trump, Władysław Kosiniak, Kamysz, , Trump, , ’ ” Trump, Jens Stoltenberg, ” Stoltenberg, Putin, ___ Cook, Kirsten Grieshaber Organizations: NATO, Republican, . Defense, , , Foreign Ministry, Frankfurter Allgemeine Zeitung, Trump, Associated Press Locations: WARSAW, Poland, U.S, Russia, Europe, Conway , South Carolina, ” Russia, NATO, Anchorage, Erzurum, Baltic, Lithuania, Latvia, Estonia, Moscow, Soviet Union, Ukraine, Ukraine’s Crimean, Brussels, Berlin
These include plans by ArcelorMittal , the world's second-largest steelmaker, to spend 2.5 billion euros to decarbonise its German steel mills, efforts that depend on now-uncertain government support. "What we're seeing here is devastating for Germany as a business location globally. Besides the 6 billion euros of steel investments, other sectors potentially affected by the court ruling include 4 billion euros in the area of microelectronics and 20 billion euros for battery cell production, according to an economy ministry paper seen by Reuters. Those have previously been estimated at 68 billion euros. "Important industries in Germany, such as chemicals or steel production, need economical energy prices," Oliver Blume, CEO of Europe's top carmaker Volkswagen (VOWG_p.DE), told Frankfurter Allgemeine Zeitung.
Persons: Olaf Scholz, Robert Habeck, Christian Lindner, Reiner Blaschek, Chancellor Olaf Scholz, Stefan Rauber, Intel INTC.O, Taiwan's, Bernhard Osburg, Oliver Blume, Christoph Steitz, Tom Kaeckenhoff, Andreas Rinke, Catherine Evans Organizations: Climate, Finance, ArcelorMittal, SHS Stahl, Reuters, IMF, Intel, TW, Infineon, Steel, BASF, Wacker Chemie, Volkswagen, Frankfurter Allgemeine Zeitung, Thomson Locations: FRANKFURT, DUESSELDORF, Berlin, Germany, Asia, United States, U.S, USA, Steel Europe
Read the Supreme Court’s Ethics Rules
  + stars: | 2023-11-13 | by ( ) www.nytimes.com   time to read: +3 min
Judges, but adapted to the unique institutional setting of the Supreme Court. In many cases, however, these Canons are broadly worded general principles informing conduct, rather than specific rules requiring no exercise of judgment or discretion. This concern is heightened with respect to Canons applicable to Justices of the Supreme Court, given the often sharp disagreement concerning matters of great import that come before the Supreme Court. It instead is tailored to the Supreme Court's placement at the head of a branch of our tripartite governmental structure. The Supreme Court consists of nine Members who sit together.
Persons: Dick, Frankfurter, J, , Cheney, Scalia Organizations: U.S, . New, United, D.C Locations: ., . New York, Stmt, United States, Court
China EV maker BYD to build first Europe plant in Hungary -FAS
  + stars: | 2023-11-04 | by ( ) www.reuters.com   time to read: +1 min
Companies BYD Co Ltd FollowFRANKFURT, Nov 4 (Reuters) - Chinese electric vehicle giant BYD (002594.SZ), plans to build its first European car factory in Hungary, a German newspaper reported on Saturday. The Frankfurter Allgemeine Sonntagszeitung (FAS), citing unnamed sources close to BYD, said the decision had already been made internally. A government website in Shenzhen, where BYD is headquartered, posted an article last month saying that Hungarian Prime Minister Viktor Orban met BYD Chairman and President Wang Chuanfu on a visit to the company. BYD, contacted by Reuters, said that it was still looking for the right location and would make an announcement at the end of the year. Reporting by Brenda Goh, Jason Xue, Krisztina Than, and Tom Sims; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Viktor Orban, Wang Chuanfu, Brenda Goh, Jason Xue, Tom Sims, Jason Neely Organizations: BYD, FRANKFURT, Frankfurter Allgemeine Sonntagszeitung, Reuters, Thomson Locations: Hungary, BYD, Shenzhen, Hungarian
Companies Fresenius SE & Co KGaA FollowFRANKFURT, Sept 30 (Reuters) - German healthcare group Fresenius (FREG.DE) said it was examining whether the state aid it received to help offset high energy costs at its hospitals business would bar it from making management bonus and dividend payments. When asked whether the company would legally challenge any ban on payouts, he said that would have to be analysed. The company paid an unchanged annual dividend of 0.92 euros a share this year, or 518 million euros in total. The spokesperson said the assessment would inform a decision on whether state aid will be accepted during the second half. The Helios unit posted earnings before interest and tax of 622 million euros in the first half against 609 million a year earlier.
Persons: Michael Sen, Sen, Helios, Ludwig Burger, Jan Harvey Organizations: Frankfurter Allgemeine, Reuters, Helios, Thomson Locations: FRANKFURT
By Thomas EscrittERFURT, Germany (Reuters) - The convention by which Germany's far right is kept far from government regardless of how many parliamentary seats it wins was dealt another blow on Thursday when its votes were used to defeat a regional government in a crucial budget bill. Thursday's vote in Thuringia's parliament, when the far right, the conservative Christian Democrats and the pro-business Free Democrats combined to push through a tax cut against the wishes of the left-wing coalition, is the latest sign of change. But, highlighting the dilemma, the regional CDU leader Mario Voigt said such a course of action would effectively deprive him of the right to oppose. The party's regional leader, Bjorn Hoecke, is currently on trial for hate speech after uttering a slogan that stems from a Nazi chant. "We democrats have to stop the finger-pointing, sit down together and find a position that lives up to that responsibility."
Persons: Thomas Escritt, Germany's, Bodo Ramelow, Mario Voigt, Bjorn Hoecke, Stephan Kramer, Daniel Guenther, Rachel More, Nick Macfie Organizations: Christian Democrats, Free Democrats, CDU, Frankfurter Allgemeine Locations: Thomas Escritt ERFURT, Germany, Thuringia's, Thuringian, Sonneberg, Saxony, Anhalt, Thuringia, East Germany, West Germany, Brandenburg, Berlin, Schlweswig, Holstein
AfD members sit in voting booths on the day of the European election assembly 2023 of the Alternative for Germany (AfD) in Magdeburg, Germany, July 29, 2023. Thursday's vote in Thuringia's parliament, when the far right, the conservative Christian Democrats and the pro-business Free Democrats combined to push through a tax cut against the wishes of the left-wing coalition, is the latest sign of change. But, highlighting the dilemma, the regional CDU leader Mario Voigt said such a course of action would effectively deprive him of the right to oppose. The party's regional leader, Bjorn Hoecke, is currently on trial for hate speech after uttering a slogan that stems from a Nazi chant. "We democrats have to stop the finger-pointing, sit down together and find a position that lives up to that responsibility."
Persons: Annegret, Germany's, Bodo Ramelow, Mario Voigt, Bjorn Hoecke, Stephan Kramer, Daniel Guenther, Thomas Escritt, Rachel More, Nick Macfie Organizations: REUTERS, Rights, Christian Democrats, Free Democrats, CDU, Frankfurter Allgemeine, Thomson Locations: Germany, Magdeburg, Rights ERFURT, Thuringia's, Thuringian, Sonneberg, Saxony, Anhalt, Thuringia, East Germany, West Germany, Brandenburg, Berlin, Schlweswig, Holstein
J. Edgar Hoover took over the FBI, then known as the Bureau of Investigation in 1924 when he was 29 years old. He later used the bureau to gather information on influential people like John F. Kennedy, Albert Einstein, and Eleanor Roosevelt. Hoover turned the agency from a relatively powerless group into one of the most efficient investigative forces in the world. The list included President John F. Kennedy, Eleanor Roosevelt, Albert Einstein, and Felix Frankfurter. He later said of it, "J. Edgar Hoover was like a sewer that collected dirt.
Persons: Edgar Hoover, Hoover, John F, Kennedy, Albert Einstein, Eleanor Roosevelt, Felix Frankfurter, Laurence Silberman, J Organizations: FBI, Investigation, Service Locations: Wall, Silicon
Judge Pauline Newman is 96 and says colleagues are trying to force her out over petty complaints. But she had an unnamed law clerk run errands and retaliated against an aide, an investigation found. In April, that clerk asked to be transferred to a judge after learning that "other law clerks were assisting Judge Newman in her defense of these proceedings," he said in an affidavit. "To sit at the feet, metaphorically, of Judge Newman, is an opportunity that any aspiring patent lawyer would welcome." The code of conduct for federal judges bars them from using chambers staff for certain extra-judicial activities (running errands isn't specifically listed).
Persons: Pauline Newman, Newman, Newman's, Arthur Hellman, Hugo, Black, Felix, Frankfurter, Aliza Shatzman, she'd, isn't, it's Newman, Kimberly Moore, Judge Newman, Greg Dolin, Dolin, It's, Hellman, Alvin Rubin, Rubin's, Shatzman, Moore Organizations: Service, Federal Circuit, University of Pittsburgh, New Civil Liberties Alliance Locations: Wall, Silicon
Axel Springer, which publishes Germany’s biggest-selling daily newspaper, told employees in an email Tuesday that the newspaper would cut six of its 18 regional editions, and close two-thirds of its regional offices. The company plans to produce Bild’s regional newspapers, and manage its regional reporters, from Berlin in the future, it said. According to German newspaper Frankfurter Allgemeine, about 200 jobs will be cut. Axel Springer would not confirm the exact number of layoffs to CNN, but it said the figure would be in the “low three-digit[s].” Bild currently employs about 1,000 people. “AI will soon be able to completely take over the layout of the printed newspaper,” the company added.
Persons: Axel Springer, Mathias Döpfner, Axel Springer’s, ” Axel Springer Organizations: London CNN, CNN, Frankfurter Allgemeine, Bild Locations: Berlin
MILAN, May 4 (Reuters) - Italy's top insurer Generali (GASI.MI) said on Thursday it had agreed to sell its German specialised pension unit to Fosun-backed Frankfurter Leben as it seeks to improve profitability in the life business and free up capital. By selling Generali Deutschland Pensionskasse (GDPK), the Italian insurer will add one percentage point to its Solvency position and around 10 percentage points to that of its German holding company, it said in a statement. In 2019 Generali sold a majority stake in life insurer Generali Leben, to private equity-backed Viridium, as it sought to cut risks on savings business amid record low interest rates. Generali said that the deal to sell GDPK was expected to be completed by the end of 2023, subject to the approval of the German financial regulator BaFin and some local anti-trust authorities. Frankfurter Leben Group is majority-owned by Fosun International (0656.HK) and specialises in buying life insurance portfolios from other insurers and continuing to manage them.
COPENHAGEN, May 3 (Reuters) - Danish brewer Carlsberg (CARLb.CO) has reached a settlement with German authorities and agreed to pay a 50 million-euro ($55 million) fine over the alleged formation of a cartel more than a decade ago. It said it refuted the allegations but had settled in order to focus on its core business of brewing beer. "We confirm that Carlsberg Deutschland Holding GmbH has reached a settlement in this case, which has been ongoing for 11 years and required an enormous amount of time and financial resources," Carlsberg's head of communications, Tanja Frederiksen, said in a statement. "We still strongly disagree with the charges and maintain our innocence, but we have taken this decision in order to be able to fully focus again on the future of Carlsberg Deutschland Holding GmbH," Frederiksen said. The case was concluded on Tuesday at the Düsseldorf Higher Regional Court, Carlsberg said.
Chief Executive Markus Duesmann said that a decision had not yet been made but that the IRA made it far more attractive to build electric vehicles (EVs) in the United States. Asked whether Audi would build a plant itself or do so together with other Volkswagen brands, Duesmann said: "Both are possible. But a growing number of firms are now announcing heightened investment in the United States over Europe in light of the IRA, worrying European officials. Volkswagen is also upgrading its Mexican plants in Puebla and Silao to starting building EVs, motors and related components by mid-decade. Volkswagen is due to lay out in March how it will rejig its production network worldwide to scale up EV production.
BERLIN, Feb 19 (Reuters) - The co-chief of Germany's ruling Social Democrats (SPD) is sceptical about NATO's goal for each member to spend 2% of economic output on defence, according to a newspaper report, underscoring ambivalence in the country about bolstering the military. The party of Chancellor Olaf Scholz did recently commit to the 2% NATO goal, but as with junior coalition partner the Greens, has members who remain unconvinced. According to FAZ, Esken expressed scepticism about the efforts of Defence Minister Boris Pistorius, also of the SPD, to hike defence spending in next year's budget. "Ten billion euros (more) is a lot of money," she was quoted as saying. Germany's regular 2023 defence budget was around 50 billion euros ($53.5 billion), well short of 75 billion euros, or 2% of economic output.
Nestle to hike food prices further in 2023, CEO says
  + stars: | 2023-02-04 | by ( ) www.reuters.com   time to read: +1 min
Feb 4 (Reuters) - Nestle (NESN.S) will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief Executive Mark Schneider told a German newspaper. The increases will not be as steep as they were in 2022, but "we have some catching up to do over the full year," Schneider was quoted as telling Frankfurter Allgemeine Zeitung in an interview due for publication on Sunday. In the first nine months of 2022, the world's biggest food group, which makes KitKat chocolate bars and Nescafe reported organic sales growth of 8.5%, of which price rises accounted for 7.5 percentage points. Inflation in many developed economies has been running at multi-decade highs, driven in large part by increases in prices of food and energy. Reporting by John Stonestreet; Editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.
FRANKFURT, Jan 31 (Reuters) - A top-10 shareholder of Bayer (BAYGn.DE) on Tuesday called on the group's supervisory board head to replace chief executive Werner Baumann quickly, adding to investor pressure to restore trust and revive the German drugmaker's sagging share price. But shareholders have also cited a lack of market trust in its top management as a growing burden. "When it comes to CEO succession we say: the sooner the better," Markus Manns, a portfolio manager at Union Investment, one of Bayer's 10 biggest shareholders, told Reuters. Union Investment's Manns cautioned that the non-executive supervisory board may need time to find a qualified candidate. A Bayer spokesperson said the company was always open to a constructive dialogue with shareholders and declined to comment further.
Bayer investor calls for swift replacement of CEO -newspaper
  + stars: | 2023-01-28 | by ( ) www.reuters.com   time to read: +2 min
FRANKFURT, Jan 28 (Reuters) - Bayer (BAYGn.DE) investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on the German drugmaker. "There is a window of opportunity for Chairman Norbert Winkeljohann to act before the annual general meeting at the end of April. He has to seize that opportunity, otherwise the pressure on him will increase as well," Speich added. "Generally speaking we are always open to a constructive dialogue with our stakeholders," a Bayer spokesperson said, declining to comment specifically on the interview. Another activist investment fund, hedge fund veteran Jeffrey Ubben's Inclusive Capital Partners, said this month it had also acquired a stake in Bayer.
Lambrecht asked Scholz to dismiss her, as formally required, and he has approved, a spokesperson for the Social Democratic (SPD)-led coalition government said. During a visit to arms manufacturer Hensoldt, Scholz thanked Lambrecht for her service and said he would act fast to replace her. Among the candidates mooted by German media are Parliamentary Commissioner for the Armed Forces Eva Hoegl, junior defence minister Siemtje Moeller, SPD party chief Lars Klingbeil and Labour Minister Hubertus Heil. Economy Minister Robert Habeck praised Lambrecht for her ambition to reform the Bundeswehr and said her decision would not have been taken lightly. Associated with this were for me many special impressions, many encounters with interesting, great people," Lambrecht said in the video.
Lambrecht asked the chancellor to dismiss her, as formally required, and Scholz has accepted it, a government spokesperson said. The chancellor would propose a successor promptly, the person added, refusing to comment on names. Parliamentary Commissioner for the Armed Forces Eva Hoegl, junior defence minister Siemtje Moeller, SPD party head Lars Klingbeil and Labour Minister Hubertus Heil have been suggested as candidates by German media. The Frankfurter Allgemeine Zeitung newspaper said, citing government sources, that a successor would be announced on Tuesday. Marie-Agnes Strack-Zimmermann, the head of Germany's parliamentary defence committee and a member of Scholz's junior coalition partner Free Democrats (FDP), called for her successor to be installed quickly.
BERLIN, Jan 2 (Reuters) - Germany's transport minister called for an expert committee to examine whether the lifespan of the country's nuclear plants should be extended, reopening a row within Chancellor Olaf Scholz's coalition. But Free Democrat Transport Minister Volker Wissing reignited the argument, telling the Frankfurter Allgemeine that the environmental benefits of electric cars would be reduced unless they were charged using nuclear energy, which is emissions-free. Critics of the nuclear exit say it could force Germany to rely more than planned on coal, which is more polluting than gas, during the transition to renewable energy. The Greens strongly oppose revisiting Germany's nuclear exit, which was introduced in response to the 2011 disaster at Japan's Fukushima nuclear plant. Advocates of the policy say an extension would be costly and that more can be achieved by building out renewables.
Infineon ready to spend billions on acquisitions - CEO
  + stars: | 2022-12-28 | by ( ) www.reuters.com   time to read: +1 min
MUNICH, Dec 28 (Reuters) - Infineon (IFXGn.DE) is ready to spend several billion euros on the right takeover target as it searches for acquisitions, Chief Executive Jochen Hanebeck said in an interview published on Wednesday. The German chip maker is constantly "on the lookout" for suitable companies, Hanebeck told Frankfurter Allgemeine Zeitung (FAZ). "I see it in the range of up to a few billion (euros)." In its fiscal year through September 2022, Infineon posted a rise in revenue by nearly 30% to 14.2 billion euros ($15.1 billion), while segment profit jumped 63% to 3.4 billion euros. It is quite conceivable that start-ups that are not sufficiently well financed, for example, would want to join a corporation, Hanebeck told FAZ.
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