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☆ Stocks hate this one weird trick from the calendar
▼ + stars: | 2024-02-29 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

New York CNN —Leap Day might seem like fun and games — until you consider Wall Street. To account for that gap, Julius Caesar in 45 BC decreed that an extra day be added every four years, leading to the Julian calendar. Pope Gregory XIII in 1582 AD created the Gregorian calendar, coined the term “leap year” and established February 29 as the official leap day. He adds that a leap day can also help marginally raise corporate earnings, since companies get an extra day in a fiscal quarter to operate. History shows that stocks tend to perform worse when an additional day is added to the calendar.

Persons: Julius Caesar, Pope Gregory XIII, Matt Weller, Weller, Dow, ”, “ Barbie ”, “ Oppenheimer, ’, Samantha Delouya, It’s, Read, Sam’s, Sam, Matt Egan, Banks Organizations: CNN Business, Bell, New York CNN, Dow Jones, Bulls, Research, AMC Entertainment, AMC, Treasury Department, CNN, Treasury Locations: New York, FOREX.com

☆ Opinion | Eid Does Not Care About Your Schedule. That’s So Liberating.
▼ + stars: | 2023-06-28 | by ( Romaissaa Benzizoune | ) www.nytimes.com time to read: +1 min

I always struggle to explain Eid al-Adha. I explain that the holiday commemorates how willing a prophet was to sacrifice anything for God — including his own son. This makes Eid al-Adha difficult to plan for. Depending on where you live, Eid al-Adha celebrations could involve slaughtering a goat, making a donation to charity or attending morning prayers. Celebrating Eid whenever it comes, whether the timing is convenient or not, is a small refusal to be governed — by our workplaces, of course, but also by all the systems that regulate us.

Persons: Eid, It’s, —, Pope Gregory XIII, it’s, E.P, Thompson

Rome CNN —Pope Francis was recovering well in a Rome hospital on Thursday, the day after the 86-year-old had abdominal surgery that renewed health fears. “This wasn’t an urgent surgery,” Dr. Sergio Alfieri, the surgeon who operated on Pope Francis, said at a press conference. Pope Francis, seated in a wheelchair, attended a weekly general audience at the Vatican on June 7. Pope’s fragile healthThis operation is the latest in a series of health scares surrounding Pope Francis. Medical sources say that the intervention was likely related to the surgery Francis underwent in 2021, which removed half of his colon.

Persons: Rome, Rome CNN — Pope Francis, “, ”, Matteo Bruni, Francis, ” Dr, Sergio Alfieri, Pope Francis, ” Alfieri, Andreas Solaro, Alfieri, he’s “, –, Cardinal Pietro Parolin, Bruni, Francis ’, Pope Francis now, Annatuli, Carina, State Cardinal Tarcisio Bertone, Tarcisio Bertone, ’ ”, Pope Benedict XVI, Gregory XII, Volodymyr Zelensky Organizations: Rome CNN, Vatican, Gemelli, Reuters, Catholic, Papal, Getty, CNN, Spanish, ABC, State, Catholic Church Locations: Rome, AFP, The Prefecture, Mexico, Myanmar, Iraq, Ukraine

☆ Pope Francis to have abdominal surgery, in latest health concern
▼ + stars: | 2023-06-07 | by ( John Allen | ) edition.cnn.com time to read: +3 min

Rome CNN —Pope Francis will have surgery on his abdomen and remain in a Rome hospital for several days, the Vatican said Wednesday, sparking renewed fears over the 86-year-old’s fragile health. The pope was forced to cancel several work commitments in late May after he was debilitated by a fever. According to medical sources, the intervention is likely related to the surgery Francis experienced in 2021 to remove half of his colon. Should Francis be incapacitated for any length of time, the Vatican could find itself facing something of a constitutional crisis. Francis said he wrote the letter several years ago and gave it to then-Vatican Secretary of State Cardinal Tarcisio Bertone, who resigned in 2013.

Persons: Rome, Rome CNN — Pope Francis, Francis, he’s “, Vatican, Matteo Bruni, ” Francis, Pius XI, ”, Cardinal Pietro Parolin, State Cardinal Tarcisio Bertone, Tarcisio Bertone, ’ ”, Francis ’, Pope Benedict XVI, “, Gregory XII Organizations: Rome CNN, Vatican, Rome’s Clinic, Catholic, Spanish, ABC, State Locations: Rome, St

☆ Two popes in the Vatican - sometimes more crowd than company
▼ + stars: | 2022-12-31 | by ( Philip Pullella | ) www.reuters.com time to read: +7 min

Pope Francis later removed him from a top job in the Vatican. "In the Catholic Church, symbols are important," said Father Tom Reese, a Washington-based Catholic author and commentator for Religion News Service. Reese, a Church liberal, found agreement from an unusual source - conservative Australian Cardinal George Pell, a former Vatican treasurer and close associate of Benedict in his retirement. Reese and others have suggested that a former pontiff be called "bishop emeritus of Rome" and be subject to the rules that cover retired bishops. He has said he would want to be called Bishop Emeritus of Rome and live not in the Vatican but in a home for retired priests in the Italian capital "because its my diocese".

☆ Rituals for Benedict's passing could be template for future ex popes
▼ + stars: | 2022-12-30 | by ( Philip Pullella | ) www.reuters.com time to read: +4 min

[1/2] Emeritus Pope Benedict XVI waves as he arrives to attend a mass for the beatification of former pope Paul VI in St. Peter's square at the Vatican October 19, 2014. The Vatican has painstakingly elaborate rituals for what happens after a reigning pope dies but no publicly known ones for a former pope. They could be a template for other popes who choose to resign instead of ruling for life, including Pope Francis himself someday, Vatican sources say. The last pope to die, John Paul II, was buried on April 8, 2005, six days after he died. Benedict, as Cardinal Joseph Ratzinger, presided at John Paul's funeral in 2005 in St. Peter's Square and Francis is expected to preside at Benedict's.

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