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☆ British Airways' new Bridgerton-style safety video features actors in period dress. One safety expert says it's 'excellent' — but it has drawbacks.
▼ + stars: | 2024-08-05 | by ( Paige Bruton | ) www.businessinsider.com time to read: +3 min

Read previewBritish Airways released its newest in-flight safety video in late July, styled as a classic British period drama, along the lines of "Bridgerton" and "Pride and Prejudice." It includes over 40 British Airways staff and was filmed in grand country houses across the UK. Courtesy of British Airways. However, the video does have drawbacks. Courtesy of British Airways.

Persons: —, Sharon Maguire, Bridget Jones, Darcy, Shem Malmquist, Guy Gratton, Business Insider's Taylor Rains, Rowan Atkinson's Mr, Bean, Gordon Ramsay Organizations: Service, British Airways, British Airways staff, Business, YouTube, The Daily Telegraph, Singapore Airlines, Aviation Safety, Aviation, Cranfield University, Allegiant Air, Virgin America Locations: British, London

☆ Inside Schonfeld's macro shake-up: Research turnover, PM changes, and a shift away from big bets
▼ + stars: | 2024-06-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A move away from big-time directional strategies is not a surprise. Plenty of funds that made their name on bold macro predictions have been humbled in the last 18 months. At Schonfeld, macro is still somewhat new for the firm. Several people familiar with the firm told Business Insider that he lost money while at the manager.

Persons: —, Colin Lancaster, Brent Cook, Eisler, Igor Ninkovic, Jaime Valle, Jerome Saragoussi, Ben Melkman, Brevan Howard, Jordan Barnes, Rahul Mehra, Karthikeyan, Yasmin Sahin, Said Haidar's, Sharpe, Lancaster, Melkman, Marc Tishfield Organizations: Service, Business, United Arab Emirates, Schonfeld, Bridgewater, Barclays, Citi, Matador Investment Management, Millennium Locations: York, Europe, Dubai, London, Bridgewater, Melkman, Schonfeld, New York

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Spain's Macho World of Bullfighting Has Its First Openly LGBT+ Matador
▼ + stars: | 2024-02-10 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

A Spanish matador opened up about his sexuality in an interview with the Spanish newspaper El Mundo. It is said to make him the first openly LGBT+ matador in the country. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA bullfighter revealed to the Spanish newspaper El Mundo that he is Spain's first openly LGBT+ matadorMario Alcalde, 31, works as an airport baggage handler.

Persons: Mario Alcalde, —, Spain's, bullfighters Organizations: El Mundo, Service, Alcalde, Business Locations: Spanish, El

NEW YORK (AP) — Adele Zerilli Springsteen, the longtime legal secretary, musical muse and concert dance partner who captured countless hearts in her son Bruce Springsteen 's E Street Nation and beyond, has died at 98. Bruce Springsteen announced in an Instagram post that his mother died Wednesday. She was “real smart, real strong, real creative,” with a “refusal to be disheartened,” Bruce told biographer Dave Marsh. Her life had an incredible consistency, work, work, work every day, and I admired that greatly," he told "Uncut" magazine in 2002, praising her “noble” juggling of work and home. E Street Band member Steven Van Zandt tweeted Thursday that Adele Springsteen was the “Matriarch of our family and an unrelenting source of inspiring positive energy.

Persons: — Adele Zerilli Springsteen, Bruce Springsteen, Glenn Miller, Adele Springsteen —, ”, “, Springsteen, —, Bruce Springsteen’s, Zerillis, fathoming, Adele Springsteen's, Adele, Bruce, ” Bruce, Dave Marsh, Ellis, Steven Van Zandt, Adele Springsteen, Bruce's, Douglas, Pamela Springsteen, Virginia, Rhonda Shafner, Dalton Organizations: Smiths, New, Stone, MetLife Locations: American, New York City, Freehold, New Jersey, America, Europe, New, Ellis, Los Angeles

☆ Luis Tejada: Panama’s all-time leading goal scorer dies age 41
▼ + stars: | 2024-01-29 | by ( Matias Grez | ) edition.cnn.com time to read: +1 min

CNN —Former Panama striker Luis ‘Matador’ Tejada, who helped the national team qualify for its first ever World Cup in 2018, has died at the age of 41, the Panamanian Football Federation (FEPAFUT) announced on Sunday. Local media reported that Tejada, whose 43 international goals makes him Panama’s all-time leading goal scorer, collapsed while playing in a local recreational league. CNN Sport has reached out to the Panamanian national police for comment. Panama finished a point and two places ahead of the US men’s team, which failed to qualify for the World Cup for the first time in 32 years. Panama troubled Tunisia in the team’s opening group match in Russia, but the north African side came from a goal behind to win 2-1.

Persons: Luis ‘ Matador ’ Tejada, Tejada, FEPAFUT, Blas Pérez, ” Tejada Organizations: CNN, Panama, Panamanian Football Federation, Local, CNN Sport, Panamanian, police, CONCACAF, US Locations: Panama, Panamanian, Tunisia, Russia, England, Belgium

☆ Here are Wednesday's biggest analyst calls: Nvidia, Netflix, Apple, Disney, Affirm, Dollar Tree, DraftKings & more
▼ + stars: | 2023-11-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS reiterates Apple as neutral UBS said its survey checks show wait times for Apple's iPhone Pro have subsided. Wells Fargo initiates Matador Energy as overweight Wells said the energy company has a "strong track record of growth." Citi upgrades Vipshop to buy from neutral Citi upgraded the e-commerce company after its earnings report. Bank of America upgrades American Eagle to neutral from underperform Bank of America upgraded the stock ahead of earnings next week. Morgan Stanley reiterates DraftKings as overweight Morgan Stanley said it sees more upside for the stock after its investor day. "

Persons: Holley, Jefferies, Wells, Morgan Stanley downgrades Energizer, Morgan Stanley, Bracken Darrell, Matt Puckett, Investor Relations Allegra Perry, Redburn, RTX, Mizuho, AFRM, Cantor Fitzgerald downgrades, Myers, Cantor, We've, it's, DraftKings Organizations: Jefferies, UBS, Apple, Matador Energy, Citi, Bank of America, underperform Bank of America, Barclays, American, Bears, Netflix, Netflix Inc, Air Corp, Vertiv Holdings Co, Wells Fargo, Warner Music Group, JPMorgan, Corp, Investor Relations, Brands Conference, Raytheon, Canadian, TAM, Deutsche Bank, Disney, Deutsche, Nvidia, Partners Locations: China, Europe, Japan, AXP, Paris, CSIQ, Bristol, F4Q

Dealmaking in the U.S. oil and gas patch has picked up pace as producers sought to replenish their inventory after years of under-investment. The most-prized targets for Chevron could be Coterra Energy (CTRA.N) or Devon Energy (DVN.N), he added. Others mentioned included Matador Resources (MTDR.N), Permian Resources (PR.N) and Diamondback Energy (FANG.O). Still, the Exxon deal, the industry's largest since 2016, also set off worries about stiff regulatory scrutiny over anti-competitive concerns. Exxon does not anticipate antitrust hurdles to complete the deal, expected by early 2024.

Persons: Exxon Mobil's, Gabriele Sorbara, Siebert Williams Shank, Sorbara, Dado Ruvic, Andrew Dittmar, Elizabeth Warren, Sven Del Pozzo, Mrinalika Roy, Chris Sanders, Sriraj Organizations: Exxon, Natural Resources, Co, Chevron, ConocoPhillips, ExxonMobil, Pioneer, REUTERS, Devon Energy, Matador Resources, Diamondback Energy, U.S, P, Insights, Thomson Locations: U.S, Bengaluru, Washington

THOUGH SALIMA BOUFELFEL and Roberto Cowan are known in the fashion world as the owners of the influential vintage clothing boutique Desert Vintage, they’re historians at heart. Tucson natives, they met as college students while working at an outpost of the used clothing chain Buffalo Exchange across the street from the University of Arizona. Boufelfel, 36, grew up in a family of artists and academics and developed an affinity for styling while costuming school plays; Cowan, 33, comes from a long line of seamstresses and taught himself to sew around age 13. Both knew early on that they wanted to work with historical fashion so, in 2012, after the owner of a Tucson vintage boutique that Boufelfel frequented put the business up for sale, they took it over, keeping the name and stocking it with pieces not only obscure (Jean Varon and Michael Vollbracht evening gowns; an ’80s jumpsuit from a label called Workers for Freedom) but also rare (Fortuny Delphos dresses, a Victorian-era matador jacket). Eleven years later, their collection of some 5,000 items — spanning Edwardian London to Y2K Tokyo — has drawn a global following of designers and stylists, who turn to Desert Vintage both to inform their work and to fill their personal wardrobes.

Persons: SALIMA BOUFELFEL, Roberto Cowan, Cowan, Jean Varon, Michael Vollbracht Organizations: Buffalo Exchange, University of Arizona, Workers Locations: Tucson, Boufelfel, London

☆ Animal rights campaigners urge Pope Francis to denounce bullfighting
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

[1/2] Activists from the animal rights group PETA (People for the Ethical Treatment of Animals) protest against bullfighting near Vatican, in Rome, Italy, July 28, 2023. REUTERS/Antonio DentiVATICAN CITY, July 28 (Reuters) - A group of animal rights activists gathered near the Vatican on Friday dressed in red capes and fake horns to urge Pope Francis to denounce what they see as the barbaric practice of bullfighting. "Catholic Church: Silence is Violence! Denounce bullfighting," read a banner held up by the activists near the ancient Roman Castel Sant'Angelo fortress on the banks of the River Tiber, in view of St Peter's Basilica. Since bullfighting events "are often held in honour of Catholic saints or during holy Christian celebrations, the Catholic Church can and must help end this abuse by publicly condemning bull torture in the name of religion," animal rights group PETA said in a statement.

Persons: Antonio Denti, Pope Francis, Castel, Pope Pius V, Alvise, Peter Graff Organizations: PETA, REUTERS, CITY, Catholic, Roman Catholic Church, PETA Italy, Reuters, Thomson Locations: Vatican, Rome, Italy, Castel Sant'Angelo, Peter's

☆ TipRanks reveals the top 10 Wall Street basic materials sector analysts
▼ + stars: | 2023-07-02 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

TipRanks recognized the 10 best analysts in the basic materials sector who delivered noteworthy returns and whose recommendations outperformed their peers. In the process, it analyzed every recommendation by analysts in the basic materials sector over the past 10 years. Then, TipRanks' algorithms calculated the statistical significance of each rating, analysts' overall success rate and the average return. Top 10 analysts from the basic materials sectorThe image below shows the most successful Wall Street analysts from the basic materials sector. T J Schultz — RBC CapitalT J Schultz has the 10th spot on the list, with a success rate of 63%.

Persons: Rafael Henrique, Lightrocket, TipRanks, Dan Payne, Bank Dan Payne, Payne, Leo Mariani — Roth MKM Leo Mariani, John Freeman — Raymond James Raymond James, John Freeman, Freeman, Poe Fratt, Global Partners Poe, Elvira Scotto —, Elvira Scotto, Vincent Lovaglio, Scott Hanold, Michael Harvey —, Michael Harvey, Harvey, Dalton Baretto, Canaccord Genuity Dalton Baretto, T J Schultz —, J Schultz Organizations: Bank, Birchcliff Energy, Resources, Vital Energy, Global Partners, Elvira Scotto — RBC, Crestwood Equity Partners, Mizuho Securities, Comstock Resources, RBC Capital RBC Capital, Matador Resources, Michael Harvey — RBC Capital, RBC Capital, Seven Generations Energy, Generations Energy, ARC Resources, T J Schultz — RBC, Targa Resources Locations: Canada

☆ Tornado Rips Through Texas Town of Matador, Killing 4
▼ + stars: | 2023-06-22 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tornado-rips-through-texas-town-of-matador-killing-4-d0e49c3c

Persons: Dow Jones Locations: texas

☆ Storm Barrels Through Tiny Texas Town, Killing at Least 3
▼ + stars: | 2023-06-21 | by ( Eduardo Medina | ) www.nytimes.com time to read: 1 min

A powerful storm struck the northern Texas town of Matador on Wednesday night, killing at least three people, damaging about a dozen buildings and prompting a search for people who might have been injured or trapped by debris, the authorities said. Matador, which has about 600 residents, is roughly 290 miles northwest of Dallas and was under a tornado warning as the storm barreled through the area around 8 p.m., said William Iwasko, a meteorologist with the National Weather Service in Lubbock. “Based on the damage,’’ he added, “there was most likely a tornado” in Matador, but that will be determined on Thursday. The mayor of Matador, Pat Smith, who also provides emergency medical services in the town, said in a brief phone interview that at least three people had been killed, that others may be injured and that there was “a whole lot of damage.”

Persons: William Iwasko, Pat Smith Organizations: Matador, National Weather Service Locations: Texas, Matador, Dallas, Lubbock

A powerful storm struck the northern Texas town of Matador on Wednesday night, killing at least four people, damaging about a dozen buildings and prompting a search for residents who might have been injured or trapped by debris, the authorities said. At least nine people were hurt. The storm swept through the small town of about 600 residents as thousands of people across the region were sweltering in a triple-digit heat wave that may not ease until the Fourth of July, and as other storms earlier in the week spawned deadly tornadoes and punishing hail across the South. A tornado warning was issued for Matador, roughly 300 miles northwest of Dallas, as the storm barreled through around 8 p.m., said William Iwasko, a National Weather Service meteorologist. He said the damage suggested there was “most likely” a tornado, but that had not been confirmed as of early Thursday morning.

Persons: William Iwasko Organizations: Matador, National Weather Service Locations: Texas, Matador, Dallas

☆ Freddie Mercury’s handwritten lyrics suggest he considered ‘Mongolian Rhapsody’ song title
▼ + stars: | 2023-06-01 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

(CNN) — Never-before-seen draft lyrics of Queen’s “Bohemian Rhapsody” suggest that Freddie Mercury considered giving his mock-opera anthem a somewhat different title: “Mongolian Rhapsody.”The discovery was made following the emergence of a 15-page folio of lyrics, vocal lines and harmonies handwritten by the singer as he composed his 1975 hit. Queen recorded “Bohemian Rhapsody” the next year. Sotheby's auction house said the handwritten lyrics present "untold insights into other possible directions the song could have taken." Queen pictured in 1977, two years after releasing "Bohemian Rhapsody." Richard E. Aaron/Redferns/Getty Images“What is ‘Bohemian Rhapsody’ about?

Persons: —, Queen’s, Freddie Mercury, there’s, I’ve, “ Galileo, ”, Belladona ”, Mercury’s, Mary Austin, “, ” —, Brian May, Freddie, Richard E, Aaron, Redferns, Sotheby’s, ” Austin Organizations: CNN, British Midland Airways, Tiffany, Mercury Locations: Sotheby’s, London

☆ Meet the family letting an AI chatbot plan a 6-month trip around the world with their one-year-old daughter
▼ + stars: | 2023-05-20 | by ( Hannah Towey | ) www.businessinsider.com time to read: +4 min

Travel influencer Michael Motamedi is letting AI plan his family's six-month trip around the world. GuideGeek, an AI travel assistant, will decide which countries they visit. It's an experiment on how artificial intelligence could change how we travel, Motamedi told Insider. But on Wednesday, the family used an AI chatbot to decide on their next destination in under an hour: They were heading to Morocco. Motamedi and Salas tested the technology out in April while using the chatbot to plan a date night in Mexico City.

☆ Moscow's 'special' forces: An inside look at how Russia's famed Spetsnaz really operate
▼ + stars: | 2023-04-30 | by ( Mark Galeotti | ) www.businessinsider.com time to read: +24 min

Russia's Spetsnaz forces are often depicted as a kind of Russian super troops. Osprey PublishingMost countries' special forces emphasize physical fitness, determination and aggression. Special people, for special tasksMembers of the Russian military's 16th Separate Special Purpose Brigade during an exercise in 2018. Even so, being better than most of the Soviet army's miserable and recalcitrant conscript forces did not make most of them truly special, special forces. The special operations commandMembers of Russian's 22nd Separate Guards Special Purpose Brigade during an exercise in November 2017.

Top producers have built a war chest to fund acquisitions after reaping windfall profit in 2022 from skyrocketing oil prices following Russia's invasion of Ukraine. At least three analysts have identified Diamondback Energy Inc (FANG.O), Matador Resources Inc (MTDR.N) and Permian Resources Corp (PR.N) as possible takeout targets. The shale patch, which lies between Texas and New Mexico, has the necessary infrastructure and is known for high productivity and large undeveloped reserves. But a surge in oil prices last year helped turn the tide. Last week, ConocoPhillips (COP.N) CEO Ryan Lance said he was expecting more shale deals, adding that "consolidation needs to happen" among Permian Basin energy producers.

☆ Stocks making the biggest moves midday: Micron, Pioneer Natural Resources, Block, AMC and more
▼ + stars: | 2023-04-10 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Micron Technology — Micron Technology's shares gained 8% after its rival Samsung Electronics announced that it plans to cut memory chip production in the near term. Excelerate Energy , EQT and other gas stocks — Shares of Excelerate Energy, EQT and other gas stocks ticked higher as natural gas futures climbed. Apple's stock price lost 2%, Google-parent Alphabet shed 2.8% and Microsoft lost 1.4%. New Fortress Energy — The stock gained 4% after Deutsche Bank initiated New Fortress as a buy. AMC's stock price popped 6.7%, IMAX soared by 2% and Cinemark gained 5.7%.

Houston, Texas-based EnCap is working with an investment bank to independently sell Novo Oil & Gas Holdings and Forge Energy II, the sources said. EnCap, Novo, and Forge did not respond to comment requests. In 2018, EnCap invested about $400 million in Forge, which currently produces about 14,000 boepd, the sources said. On Monday, Ovintiv Inc (OVV.N) said it would buy assets in the Midland part of the Permian from EnCap for $4.3 billion. In January, Matador Resources Co (MTDR.N) bought Advance Energy Partners from EnCap for $1.6 billion.

Dallas-based NGP is working with investment banks to sell the oil producers, Tap Rock Resources and Hibernia Resources, in auction processes that are expected to kick off in the coming weeks, the sources said. Efforts to cash out on the assets come as higher energy prices boost valuations of oil producers. The oil firm could fetch NGP around $5 billion, according to the sources. Hibernia, which operates in the Midland part of the Permian basin in Texas, could be worth upwards of $2 billion, the sources added. The buyout firm, which has deployed more than $20 billion in energy investments, began raising its NGP Natural Resources XIII fund late in 2022.

☆ I see this year's budding stock rally signaling a different kind of bull market, one that's not so reliant on just a few stocks
▼ + stars: | 2023-01-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

This nascent bull market started with the peak in interest rates and the dollar back in the fall and then broadened to include bank and semiconductor stocks in 2023. That's right we created FANG a decade ago this week on "Mad Money," and it was a really good call — until it wasn't. The stability of a market that's based, in part, on the assumption of a JPMorgan (JPM) or an American Express or even a Boeing rallying on earnings, seems tidal to me. That's what's happening as we consider the market to be far bigger than any group of a half-dozen stocks. Yes, I am shredding the cynicism and heralding the new bull market, one that's not ignorant of what ails things, but is benignly rotational.

Several Latinos whose lives and work left a profound imprint on American institutions — from arts and entertainment to legal and civil rights — passed away in 2022. Cavazos began his education in a two-room schoolhouse on the King Ranch in Texas, where his father was a foreman. President Reagan named Cavazos Secretary of Education in 1988, making him the first Hispanic ever to serve in the U.S. Together, “Luis” and Maria” showed young audiences that Latinos were people who worked, fell in love and were part of their community. Her goals were to give Latinos a presence in the dance world, and to instill pride in Hispanic culture.

[1/5] A French toreador apprentice of the Arles bullfighting school practices before a bullfight show at the Monumental de Gimeaux arena in Arles, France, November 20, 2022. "Corrida is a tradition, an art, a dance with the bull," said Baptiste, one of about a dozen students who learn to wave the traditional red muleta cloth in front of bulls in the Arles bullfighting school. At the weekend, pro and anti ban protesters marched in several southern France cities where corrida is still allowed. For Caron, exceptions that allow bullfighting in some parts of France and have under a thousand bulls killed per year, should be scrapped. "Since (bullfighting) exists, there are people who have tried to ban it, " said Yves Lebas, president of the Arles bullfighting school.

☆ Here's how to spot gems in the junk bond market and earn income even if a recession hits in 2023, say the managers behind a top-rated fund
▼ + stars: | 2022-11-16 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Portfolio managers of the Buffalo High Yield Fund have crushed the market this year. Like nearly every fund without a tight focus on commodities, the Buffalo High Yield Fund (BUFHX) is down for the year, though its 6.3% loss year-to-date is modest compared to its index's 11.6% decline. But not all bonds with the same rating carry the same level of risk, the fund managers said. The fund managers said that avoiding landmines is the biggest key to success when picking non-investment-grade bonds. If that thesis is incorrect, spreads will widen considerably and much more downside will be ahead, but the fund managers are confident that they'd outperform again.

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