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☆ Apple's Maryland store workers vote to authorize strike
▼ + stars: | 2024-05-12 | by ( ) www.cnbc.com time to read: +2 min

The Apple Store at Towson Town Center Mall on May 10, 2024 in Towson, Maryland. Workers at Apple 's store in Towson, Maryland, have voted in favor of authorizing a strike, the International Association of Machinists and Aerospace Workers (AIM) said in a statement late on Saturday. The date for work stoppage has yet to be decided, according to the union, which represents Apple's retail store workers in Maryland. Meanwhile, workers at Apple's store in Short Hills, New Jersey, voted against unionizing, Bloomberg News reported on Saturday. CWA and the NLRB did not immediately respond to a Reuters request for comment on the Bloomberg report on the New Jersey workers' vote.

Persons: John Nagy Organizations: Apple, Towson Town, Workers, International Association of Machinists, Aerospace Workers, AIM, Towson, Maryland, unionizing, Bloomberg, . Communications Workers of America, National Labor Relations Board, Communications Workers of America, CWA, NLRB, New Locations: Towson , Maryland, Maryland, United States, Short Hills , New Jersey, New Jersey

☆ DJ Burns Jr.: March Madness star is leading a surprising Final Four run and earns praise from Nikola Jokić
▼ + stars: | 2024-04-04 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

11 NC State to the Final Four of the 2024 NCAA men’s tournament, beating a host of highly-seeded teams on the way to a semifinal spot. The NC State star grew up around people from different backgrounds, with his grandmother running a foster home and his parents taking in other children from unstable homes. But, with Burns at center and the team’s underdog mentality, they have shocked the college basketball scene. “I was raised in a happy environment,” the NC State told reporters. While becoming an internet sensation throughout March Madness, Burns' competitve nature has helped NC State to some impressive victories.

Persons: DJ Burns Jr, it’s, – Burns, Duke, Burns, Nikola Jokić –, Burns –, ” Jokić, “, That’d, ” It’s, Jim Nagy, Peter Schrager, Robert Jennings, Tim Nwachukwu, Burns wasn’t, Takela, ”, Dwight Sr, ” Burns, ” Takela, Andy Hancock, Marquette, Duke –, Carmen Mandato, “ He’s, Joe Sargent Organizations: CNN, State, NCAA, NFL, Senior Bowl, Fox Sports, Texas Tech Red Raiders, North, York Preparatory Academy, WRAL, NC State, Rock, Rock Hill Herald, University of Tennessee, Winthrop University, Big South, NC, Wolfpack, Texas Tech, Oakland, Duke, CBS Sports, Getty, Devils, Purdue Locations: North America, Hill , South Carolina, South Carolina, York County, Rock Hill, Oakland

CHICAGO (AP) — The Chicago Bears traded quarterback Justin Fields to the Pittsburgh Steelers on Saturday night, a person informed of the deal told The Associated Press. Chicago will receive a conditional 2025 pick, another person familiar with the details of the trade told the AP. The move is a strong signal the Bears will draft a QB -- perhaps USC’s Caleb Williams -- with the No. 1 overall pick in the draft. Fields figures to back up nine-time Pro Bowler Russell Wilson, who signed a one-year deal with the Steelers on Friday.

Persons: Justin Fields, Caleb Williams, Bowler Russell Wilson, Kenny Pickett, Wilson, Fields, Ryan Pace, Matt Nagy, Matt Eberflus, Ryan, it’s, Williams, Keenan Allen, DJ Moore, Rob Maaddi, Will Graves, ___ Organizations: CHICAGO, Chicago Bears, Pittsburgh Steelers, Associated Press, Chicago, AP, haven’t, NFL Network, Steelers, Pittsburgh, Philadelphia Eagles, Bears, NFL, USC, Oklahoma, Los Angeles Chargers, Panthers, Carolina, AP Pro Football Locations: Carolina, Chicago, Tampa , Fla, Pittsburgh

KANSAS CITY, Mo. Nagy left after that season for Chicago, where he spent four years as the Bears' head coach. Only now, Nagy possessed the rare experience of having been an NFL head coach. “I think what you have,” Chiefs coach Andy Reid said, “is that both Nags and Spags are good leaders. “He had success as a head coach,” Mahomes continued, “and he had some times where he didn't have as much success.

Persons: — Patrick Mahomes, Matt Nagy, Nagy, Mahomes, ” Mahomes, “, ” Nagy, Eric Bieniemy, Steve Spagnuolo, Bill O'Brien, Bill Belichick, Steve Wilks, Kyle Shanahan, Andy Reid, they're, haven't, Drue Tranquill, ’, Todd Haley, Dick LeBeau, Reid, ” He's, ” Organizations: KANSAS CITY, Chiefs, Chicago, Bears, NFC, Kansas City, NFL, Rams, Giants, Patriots, 49ers, San, ” Chiefs, Miami, Super, Steelers, Bengals, AFC Locations: KANSAS, Mo, Kansas City, Washington, Las Vegas . New England, San Francisco, Buffalo, Baltimore, Chicago, Kansas

In the midst of that deflating loss to the Raiders, their fifth in eight games, Chiefs coach Andy Reid and his offensive brain trust came to the realization that their famously complex offense had grown — well, too complex. “It's a complex offense. One of the problems the Chiefs had against the Raiders was the time it took to get plays into the game. Reid is usually calling them from the sideline, but it is Nagy whose radio is connected to Mahomes' helmet. And now, we're going to the Super Bowl, and like I've said, we're not done."

Persons: Patrick Mahomes, Andy Reid, Matt Nagy, pare, Reid, Mahomes, “, ” Mahomes, Alex Smith, ”, Brett Veach, Nagy, Nobody, ” Nagy, I've, we're Organizations: KANSAS CITY, Kansas City Chiefs, Super Bowl, Las Vegas Raiders, Kansas City, Raiders, Chiefs, Miami, Vegas, Bills, Ravens, San Francisco 49ers, ” Chiefs, AFC West, decibel, Super Locations: KANSAS, Mo, Las Vegas, Mahomes

☆ EU's Eastern Members Demand Import Duties on Ukraine Grains
▼ + stars: | 2024-01-15 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - The European Union's eastern states are demanding the EU impose import duties on Ukraine grains, citing unfair competition, Hungary's agricultural ministry said on Monday. "One of these [measures] could be introducing import duties on the most sensitive agricultural products." Ukraine's larger farm sizes make the country's grain exports cheaper and that is pushing EU farmers out of their traditional export markets, the ministers said. Farmers in Bulgaria, Poland, Hungary, Romania and Slovakia "have suffered significant damages" since the EU suspended import quotas and customs on grain from Ukraine last year, they said. Ukraine responded by complaining to the World Trade Organization against the three countries, while other EU members condemned the unilateral moves.

Persons: Istvan Nagy, Valdis, Janusz Wojciechowski, Anita Komuves, Susan Fenton Organizations: European Commission, Hungary's, Farmers, EU Trade, EU, World Trade Organization Locations: BUDAPEST, Ukraine, Bulgaria, Poland, Hungary, Romania, Slovakia, Brussels, Kyiv

People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain, September 14, 2023. REUTERS/Alishia Abodunde/File photo Acquire Licensing RightsSummaryCompanies Move follows Hungary govt exit from Erste unitGovt raising financing for airport transactionExit 'good news' for sector's stability -EBRDBUDAPEST, Nov 15 (Reuters) - The European Bank for Reconstruction and Development is selling its 15% stake in Erste Group Bank's (ERST.VI) Hungarian unit back to the Austrian group after the Hungarian government's recent exit from the bank, a top EBRD official told Reuters. Austrian lender Erste said on Friday it was repurchasing a 15% stake in its Hungarian subsidiary, currently held by Hungarian state-owned Corvinus International Investments. Francis Malige, EBRD managing director of financial institutions, said the investment had been designed to help the Hungarian bank recapitalise while supporting a positive relationship with the authorities. "We received a call notice from Erste last Friday and are proceeding with the sale of our stake to the group, based on terms agreed during our 2016 investment."

Persons: Alishia, Viktor Orban, Marton Nagy, Francis Malige, Malige, Orban, Gergely Szakacs, Louise Heavens Organizations: European Bank for Reconstruction, REUTERS, Erste Group, Reuters, Economic, Budapest Airport, Austrian, Erste, International Investments, Erste Bank, Thomson Locations: Canary Wharf, London, Britain, Hungary, Erste, BUDAPEST, Austrian, Hungarian, Erste Bank Hungary

☆ SafeMoon executives charged in US with fraud related to crypto token
▼ + stars: | 2023-11-01 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

The U.S. Securities and Exchange Commission filed related civil charges against the defendants, and over the Provo, Utah-based company's alleged unregistered sale of the SafeMoon token. Lawyers for SafeMoon and the individual defendants did not immediately respond to requests for comment. According to court papers, SafeMoon also promised investors that the token's features would "drive the price to stratospheric all-time highs" and "Safely to the Moon." SafeMoon was valued at about $50 million on Wednesday afternoon, losing more than half its value after the charges were announced, according to CoinMarketCap. Reporting by Jonathan Stempel in New York; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Al Drago, Kyle Nagy, Braden John Karony, Thomas Smith, SafeMoon, Ivan Arvelo, Smith, BRO, Karony, Nagy, Gary Gensler, Jonathan Stempel, Jonathan Oatis Organizations: U.S . Department of Justice, REUTERS, U.S . Securities, Exchange Commission, SafeMoon, McLaren, Porsche, Homeland Security Investigations, SEC, Thomson Locations: American, Washington , U.S, Brooklyn, Provo , Utah, New York, Provo, Bethlehem , New Hampshire

American figure skater Ilia Malinin began his Grand Prix season in a familiar place. I was not expecting that,” said Malinin, who won both of his Grand Prix assignments in his senior debut last season. The competition resumes Saturday with the men's and pairs free skates, the rhythm dance and the women's short program. Then came the quad lutz, the second-hardest jump behind the quad axel, and Malinin combined it with a triple toe loop to drive up his score. His triple axel looked easy given he is perfectly capable of doing a quad.

Persons: Ilia Malinin, Malinin, Kevin Aymoz, Shun Sato, ”, Annika Hocke, Robert Kunkel, Lia Pereira, Trennt Michaud, Ernesto Lecuona, axel, “, ” Malinin, Pereira, Michaud, Chelsea Liu, Balasz Nagy, Isabelle Martins, Ryan Bedard, Hocke, —, we’re Organizations: Skate America, Credit Union of Texas, Trennt Michaud of Canada, lutz, Shanghai Trophy, Paris Locations: Fairfax , Virginia, Allen , Texas, France, Japan, Germany, Cuban, paris

☆ Hungary plans to sell 'non-strategic assets' to buy Budapest Airport
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

BUDAPEST, Oct 2 (Reuters) - Hungary plans to sell non-strategic assets to partially finance its acquisition of Budapest airport, Economic Development Minister Marton Nagy told reporters on the sidelines of a business conference on Monday. He did not say which assets the government might sell. Since Prime Minister Viktor Orban took power in 2010, his government has boosted Hungarian ownership in the energy, banking, telecoms and media sectors. The government submitted a new formal bid for a majority stake in Budapest Airport last month, with talks underway with several airport operators, one of them in Qatar, to join as a minority partner. Reporting by Gergely Szakacs Writing by Boldizsar Gyori; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Marton Nagy, Viktor Orban, Gergely, Boldizsar Gyori, Kirsten Donovan Organizations: Economic, Thomson Locations: BUDAPEST, Hungary, Budapest, Qatar

☆ Three Neighbors of Ukraine Ban Its Grain as E.U. Restrictions Expire
▼ + stars: | 2023-09-16 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

Hours after the European Union ended a temporary ban on exports of Ukrainian grain and other products to five member nations, three of them — Poland, Hungary and Slovakia — defied the bloc and said they would continue to bar Ukrainian grain from being sold within their borders. As Ukraine, one of the world’s largest grain exporters, has struggled to ship its grain because of Russia’s invasion, the European Union has opened up to tariff-free food imports from the country, a move that had the unintended consequence of undercutting prices in several eastern E.U. As part of a deal meant to protect those countries, the European Union allowed some grain to transit through them, but prohibited domestic sales. Brussels’ decision to let that deal expire at midnight on Friday revived an issue that has threatened European Union unity on support for Ukraine. Lawmakers in Bulgaria went in the other direction, agreeing on Thursday to resume imports of Ukrainian agricultural products, The Associated Press reported, saying the ban had cut into tax revenue.

Persons: Slovakia —, Istvan Nagy Organizations: European Union, Brussels, Ukraine, Lawmakers, Associated Press Locations: — Poland, Hungary, Slovakia, Ukraine, Poland, Bulgaria

☆ Hungary signals national ban on Ukrainian grain imports beyond Sept 15
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBUDAPEST, Sept 13 (Reuters) - Hungary has agreed with Romania, Slovakia and Bulgaria to impose bans on Ukrainian grain imports to protect their markets if the EU does not extend a ban that expires on Sept. 15, Hungary's farm minister said on Wednesday. On Tuesday, a parliamentary committee adopted a draft decision for Bulgaria to lift the ban on Ukrainian imports of certain products after Sept. 15. As a result, farmers in neighbouring states - Poland, Hungary, Romania, Bulgaria and Slovakia - have faced increased competition and bottlenecks in their own markets. The European Commission announced "temporary preventive measures" in May that would ban sales into Poland, Hungary, Romania, Bulgaria and Slovakia while allowing transit to non-EU markets, mainly in Africa. The EU agriculture commissioner said on Tuesday he believes the European Commission should extend its temporary ban on Ukraine imports into these five states as the measure helped boost exports outside the bloc.

Persons: Dado Ruvic, Nikolay Denkov, Denkov, Agriculture Istvan Nagy, Nagy, Krisztina, Louise Heavens, David Holmes Organizations: REUTERS, Rights, Bulgarian, Agriculture, Romanian, European Commission, Thomson Locations: Hungary, Romania, Slovakia, Bulgaria, Bulgarian, Ukraine, Russia, Poland, Hungarian, Slovak, Brussels, EU, Africa

☆ Lions Dare Their Way to a Win Over Short-Handed Chiefs
▼ + stars: | 2023-09-08 | by ( Ken Belson | More About Ken Belson | ) www.nytimes.com time to read: +1 min

In his first six years in the league, Kansas City quarterback Patrick Mahomes has pulled off a career’s worth of surprises, trick plays and comebacks. So with 2 minutes 37 seconds remaining in the fourth quarter and his Chiefs trailing by just a point at home against the Detroit Lions, Mahomes seemed poised to mount yet another game-winning drive. But on Thursday night, Mahomes was playing under unusual circumstances. Three more incompletions and a penalty forced the Chiefs to hand over the ball on downs, allowing the Lions to hold on for a 21-20 upset victory in the N.F.L.’s season-opening game. “There were some good things on offense, but we have to be more consistent,” Chiefs Coach Andy Reid said.

Persons: Patrick Mahomes, Mahomes, Travis Kelce, Eric Bieniemy, Matt Nagy, Kadarius Toney, Skyy Moore, Andy Reid, “ Organizations: Kansas City, Chiefs, Detroit Lions, Lions, ”

☆ North Korea says it will launch its first-ever military spy satellite to monitor U.S. drills
▼ + stars: | 2023-05-30 | by ( Jihye Lee | ) www.cnbc.com time to read: +3 min

SEOUL, SOUTH KOREA - FEBRUARY 09: People watch a television show North Korea's 75th anniversary of the founding of the armed forces day military parade released by Korean Central News Agency (KCNA) in Seoul, South Korea. Chung Sung-jun | Getty Images News | Getty ImagesNorth Korea announced its plans to launch its first-ever military spy satellite – giving a lift for some South Korean and Japanese defense stocks. North Korean military official Ri Pyong Chol said in a Monday statement that Pyongyang plans to launch a satellite with the aim to track "dangerous" actions by the U.S., pointing to its recent joint military drills taking with South Korea. North Korea claimed the event "fully proves how the enemy is making preparations for the military act of aggression on the DPRK," referring to its official name, the Democratic People's Republic of Korea. Defense stocks riseShares of South Korean defense companies Firstec and Victek rose 3.8% and 3.3% respectively Tuesday afternoon, returning from a market holiday Monday.

☆ Taiwan is at the 'top of the agenda' for Biden's administration, says professor
▼ + stars: | 2023-05-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwan is at the 'top of the agenda' for Biden's administration, says professorStephen Nagy of the International Christian University says U.S. President Joe Biden's priority is "China, then Russia, and ensuring that the Indo-Pacific region … is peaceful and stable."

☆ A couple transformed an 150-year-old abandoned farmhouse in rural Japan into an Airbnb. Here's how they built their country homestead.
▼ + stars: | 2023-05-21 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

Byron and Kaori Nagy have fully renovated a 150-year-old unoccupied farmhouse an hour outside Tokyo. Byron, who's originally from New Jersey, also created a farm on land nearby. They've also spent between $300,000 and $400,000 building a new home in the traditional Japanese style. Top editors give you the stories you want — delivered right to your inbox each weekday. "It's easier today to live in this country than it's ever been," Allen said.

☆ G-7 won't succeed in making China change its position on Russia, says professor
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailG-7 won't succeed in making China change its position on Russia, says professorStephen Nagy, professor at the International Christian University, discusses the G-7 meeting in Hiroshima, and explains the key themes that will be covered.

☆ Hungary to allow transit of Ukrainian grain, protect farmers, minister says
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

BUDAPEST, April 20 (Reuters) - Hungary will continue to allow transit of Ukrainian grain, ensuring the departure of such shipments "in a controlled manner," its agriculture minister, Istvan Nagy, told state news agency MTI after talks in Brussels. This followed Poland and Hungary last weekend banning some imports from Ukraine. "It was worthwhile for Hungary to take firm action and protect the interests of Hungarian farmers," Nagy said, referring to the ban, adding the measures forced Brussels to take action. The countries became transit routes for Ukrainian grain that could not be exported through Ukraine's Black Sea ports because of Russia's invasion in February 2022. Bottlenecks then trapped millions of tons of grains in countries bordering Ukraine, forcing local farmers to compete with an influx of cheap Ukrainian imports which they said distorted prices and demand.

☆ Ukraine's cheap grain exports are causing an awkward rift with its European neighbors and staunch allies
▼ + stars: | 2023-04-19 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

The move to ban Ukraine's agricultural imports has angered the European Union given that the bloc has sought to help Kyiv maintain its exports as an economic lifeline for the war-torn country. Slovakia's Ministry of Agriculture and Rural Development told CNBC that despite its temporary ban on Ukrainian imports, the country continued to be open for "solidarity transit," meaning that Ukrainian grain could still pass through its territory to other countries. The ministry added that "we would appreciate the whole-European solution [to] the Ukrainian grain because the topic is relating to the protection of the whole internal European market." It also said it recognized the impact of the "oversupply" of Ukrainian imports on EU farmers, particularly those in bordering nations. Ships, including those carrying grain from Ukraine and awaiting inspections, are seen anchored off the Istanbul coastline on November 02, 2022 in Istanbul, Turkey.

☆ An old Holland America cruise ship is turning residential, letting travelers live at sea for $8,000 a month while it circumnavigates the globe
▼ + stars: | 2023-02-24 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

As a result, it's targeting an older demographic of travelers: "Imagine this boat as if we were putting a retirement home on the water," Gabor Nagy-Ferenc, a sales manager with Victoria Cruises Line, told Insider in an email. Victoria Cruises Line

☆ Hungary cbank could start "cautious" rate cuts once CPI slows - minister
▼ + stars: | 2023-01-29 | by ( ) www.reuters.com time to read: +2 min

Marton Nagy, a former central bank deputy governor, told state radio that the "very high" interest rates made the government's job difficult and harmed the economy. Prime Minister Viktor Orban's government is trying to avoid economic recession at a time when inflation is still running well above 20%. The central bank declined to comment in an emailed response to Reuters on similar remarks made by Nagy in a weekly newspaper on Thursday. On Tuesday, the central bank left its base rate at 13% and said it would keep its one-day deposit rate at 18% until it sees "a trend improvement" in risk assessment. He also said Hungary's economic fundamentals were improving, and energy prices have dropped.

☆ Hungary govt caps interest rates on large commercial bank deposits
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +2 min

Marton Nagy, a former central bank deputy governor, told state news agency MTI that the step was aimed at investors who took advantage of high central bank rates by investing their money in central bank deposits through commercial banks. These investors made use of high central bank rate and "they realized a risk-free interest rate of up to 18% that was, in the end, paid by the state," Nagy said. The central bank did not immediately respond to questions from Reuters on the new regulation. There will be a segment of the economy where high interest rates will not apply as some market participants will not be able to access them," Peter Virovacz, senior economist at ING said. The government has already introduced regulation on interest rates on certain loans.

[1/3] Manuela Teixeira, who runs six businesses in Old Chelsea village, stands at the counter of her cafe Biscotti & Cie, which she says faces a dire labor shortage, in Old Chelsea, Quebec, Canada, October 3, 2022. Canada has the worst labor shortages in the Western world, according to the latest OECD data from late 2021. Quebec's immigration ministry didn't respond to a query on the arrival caps and labor challenges for this article. The new census data showed 28.7% of recent immigrants to the province spoke French as their first language, up from 25.7% in 2016. When company workers had to isolate after arriving from Tunisia during COVID-19, people in the town rallied to help with supplies, she said.

☆ 'Call Jane' review: Elizabeth Banks stars in fictionalized look at a pre-Roe world through one woman's abortion journey
▼ + stars: | 2022-10-27 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

The portrait of an underground abortion network pre-Roe v. Wade is obviously timely, but its slightly askew focus blunts the overall impact. Part of that has to do with making Elizabeth Banks’ Joy, a privileged housewife living in Chicago in 1968, the film’s centerpiece, introducing her as being somewhat oblivious to the tumult of the times. Joy initially applies to the hospital board for permission to terminate the pregnancy, only to have her petition dismissively denied by the all-male panel. The sequence slowly and painfully captures the mix of fear and discomfort Joy feels, after her blindfolded trip to the location and the dimly lit room where it happens. The writers clearly intended to personalize the abortion conversation through their Everywoman protagonist, and Banks ably fills that role.

☆ Hungary extends loan rate cap scheme to small businesses as recession looms
▼ + stars: | 2022-10-22 | by ( Krisztina Than | ) www.reuters.com time to read: +2 min

BUDAPEST, Oct 22 (Reuters) - Hungary will expand its existing cap on mortgage rates from mid-November to include variable-rate loans to small- and medium-sized businesses in a bid to avoid recession, Minister for Economic Development Marton Nagy said on Saturday. It has already capped the prices of fuel and basic foodstuffs and mortgage rates. The cap is effective until July 1, 2023, similar to the existing cap on household mortgage rates, Nagy said. "We would like to avoid the economy going into recession next year and we have every chance to have 1% growth," Nagy told a briefing. "With this loan cap we want to prevent yet another shock to the corporate sector stemming from a surge in their repayments."

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