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☆ My mom came home from dinner to an eviction notice on the door and even worse news to follow. Now I spend $28 a month to make sure it can't happen to me.
▼ + stars: | 2024-10-21 | by ( Matt Seidholz | Read More | Read Less | ) www.businessinsider.com time to read: +7 min

He had a $1.5 million life insurance policy, which my mom used as leverage to get a loan for his care. My mom's experience convinced me to buy a 20-year, $500,000 term life policy of my own, at $28 a month. That math looks grim, and it would look a whole lot worse if my stepfather didn't have a $1.5 million term life insurance policy. Life insurance was a financial lifeline for my motherThough the mortgage had slipped my stepfather's mind, the life insurance premiums were on autopay. Get Life Insurance Quotes Compare affordable life insurance options with Policygenius.

Persons: —, he'd, hadn't, He'd, didn't, Roger Deal, Roger, they'll, Banks, there's, George Bailey Organizations: Service, CPA, Sequoia Wealth Partners Locations: Omaha , Nebraska

☆ Chip giant TSMC reports blockbuster results even as questions over AI mania loom
▼ + stars: | 2024-10-17 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

TSMC's growth was driven by strong demand for artificial intelligence technology. But the market is questioning whether the euphoria over AI and AI chips is sustainable. AdvertisementChip giant Taiwan Semiconductor Manufacturing Company just reported strong growth, thanks to continued enthusiasm for artificial intelligence — even amid persistent questions over the return on investment from the technology. The Taiwanese company's blockbuster results came after Dutch chip equipment maker ASML — a supplier to TSMC — reported guidance on Tuesday that disappointed investors and triggered a sell-off in chip stocks. But it doesn't mean AI demand is fizzling.

Persons: —, LSEG, TSMC —, Wei, Goldman Sachs, Christophe Fouquet, Roger Dassen, ASML, Dassen, Andy Li, Li Organizations: Taiwan Semiconductor Manufacturing Company, Service, Taiwan, Nvidia, New York Stock Exchange, ASML Locations: Taiwan, Dutch, China

☆ ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
▼ + stars: | 2024-10-16 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024. ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country. The Netherlands-based chip equipment maker said in its earnings report Tuesday, which was released a day early due to a "technical error," that it expects net sales for 2025 to come in between 30 billion euros and 35 billion euros ($32.7 billion and $38.1 billion). ASML is a critical part of the global chip supply chain. While third-quarter net sales at the firm reached 7.5 billion euros — beating expectations — net bookings came in at 2.6 billion euros ($2.83 billion), the company said.

Persons: ASML, AMSL, Roger Dassen Organizations: Nvidia, Taiwan Semiconductor Manufacturing, CNBC, Intel, Samsung, UBS Locations: USA, China, Brussels, Belgium, Netherlands

☆ Asian chip stocks fall on ASML's disappointing forecast, possible U.S. export cap
▼ + stars: | 2024-10-16 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

Asian chip stocks fell on Wednesday after Dutch semiconductor equipment maker ASML posted disappointing sales forecasts, driving down global stocks in the sector. South Korean chipmaking heavyweight SK Hynix, which manufactures high bandwidth memory chips for AI applications for Nvidia, traded 1.6% lower. Net bookings for the September quarter were 2.6 billion euros ($2.83 billion), the company said — well below the 5.6 billion euro LSEG consensus estimate. Nvidia fell 4.7% and AMD lost 5.2%. In its June-quarter earnings presentation, ASML said that 49% of its sales come from China.

Persons: ASML, Foxconn —, Roger Dassen, — Ryan Browne Organizations: Tokyo, Renesas Electronics, Taiwan Semiconductor Manufacturing Company, Hai Precision Industry, SK Hynix, Nvidia, Samsung Electronics, Nikkei, AMD, Bloomberg, Biden Locations: Korean, Taiwan, ASML, Veldhoven, Netherlands, China

☆ Chip firm ASML shares plunge 15% after warning of weaker China sales in early release
▼ + stars: | 2024-10-15 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Nurphoto | Nurphoto | Getty ImagesShares in semiconductor equipment maker ASML fell 15.6% Tuesday after the Dutch company published disappointing sales forecasts in results a day early. ASML said it expects net sales for 2025 to come in between 30 billion euros ($32.72 billion) and 35 billion euros, at the lower half of the range it had previously provided. Net bookings for the September quarter came in at 2.6 billion euros ($2.83 billion), the company said — well below the 5.6 billion euro LSEG consensus estimate. Net sales, however, beat expectations coming in at 7.5 billion euros. In its June-quarter earnings presentation, the Dutch company said that 49% of its sales come from China.

Persons: ASML, Christophe Fouquet, AMSL ASML, Roger Dassen, Dassen Organizations: Nurphoto, Getty, Nvidia, Devices, Broadcom, Wall Street Locations: China, U.S

☆ The Unsung Warriors of 'the Price Is Right' Who Took on Bob Barker
▼ + stars: | 2024-09-29 | by ( David Kushner | ) www.businessinsider.com time to read: +41 min

As one of the game show's four models known as "Barker's Beauties," Hallstrom had been a morning fixture in millions of homes. To counteract its image, "The Price Is Right" announced that Barker's Beauties would be adding a Black model. "That's exactly how we knew when she started having sex with Barker," Hallstrom says. "If one more thing happens on that set," Barker told him, "fire Holly." Before she left the show, Parkinson told Bradley she'd been fighting a stomach ulcer from all her battles with Barker.

Persons: Holly Hallstrom, wasn't, She'd, Bob Barker, Hallstrom, America's, Lucille Ball, Carol Burnett, Barker, groped, Bob, Matt Lauer, Charlie Rose, Roger Ailes, Leslie Moonves, — Dian Parkinson, Janice Pennington —, Marcus, —, she'd, Mark Goodson, Johnny Olson, Janice Pennington, Dian Parkinson, Pam Anderson, deadpanned, pratfalls, David Hasselhoff, Goodson, Goodson doesn't, Pennington, Kathleen Bradley, Bradley, Deborah Curling, Black, Steve Grayson, Parkinson, Linda Riegert, Riegert, Dian, Nancy Burnet, Barker's, Burnet, Holly, Smokey Robinson, Tim Reid, I've, Parkinson didn't, who'd, huff, Bradley she'd, They'd, bimbo, She's, Roger Neal, Neal, TikTok, kitschy Barker, Adam Nedeff, . Phillips, Suzanne Somers, Roger Dobkowitz, Jonathan Goodson, Annie Wells, they'd, Les Moonves, Curling, Moonves, George Gray, Mary Capps, Brandi Cochran, Lanisha Cole, Cole, Cochran, David Livingston, Victoria Sirakova, Ron Galella Organizations: Honda, CBS, YouTube, CBS Television, Navy, Future Farmers of, Hollywood, Beauties, Miss, Playboy, Caucasian Broadcasting, West Hollywood, PlayBoy, Bradley, National Enquirer, National, Goodson Productions, Hollywood Museum, Pillsbury, Entertainment, Hallstrom, Curling Locations: California, San Diego, America, Austin, Texas, Bay, Future Farmers of America, Tahiti, Lincoln, Laurel, West, Los Angeles, Pennington, Paris, Pacific Northwest, Glendale , California, Bradley

☆ The unsung warriors of 'The Price Is Right'
▼ + stars: | 2024-09-29 | by ( David Kushner | ) www.businessinsider.com time to read: +41 min

As one of the game show's four models known as "Barker's Beauties," Hallstrom had been a morning fixture in millions of homes. Hallstrom hasn't seen "The Price Is Right" in ages, and she winces when I say its name. The Price is Right / Internet ArchiveHallstrom, like her mother, was also modeling on the side. To counteract its image, "The Price Is Right" announced that Barker's Beauties would be adding a Black model. "I want you folks to know that the lovely Dian is leaving 'The Price Is Right' to pursue other interests," Barker announceAdvertisement"You are the heart and soul of 'The Price Is Right,'" she told the audience.

☆ 6-year-old boy kidnapped 73 years ago from California park found alive and well as senior citizen
▼ + stars: | 2024-09-24 | by ( David K. Li | Rebecca Cohen | ) www.nbcnews.com time to read: +2 min

A boy kidnapped more than seven decades ago from a California park was found alive and well as a senior citizen, reunited with surviving loved ones after his niece found him across the country through her own DNA research, police said Monday. His genetic material was a match to two surviving siblings in California, proving Albino was the boy taken in 1951, police said. The Oakland Police Department statement didn't make clear who officers believed took Albino from that park seven decades ago, nor did it identify who raised him. Albino's 92-year-old mother died in 2005 never knowing the fate of her kidnapped son, the Bay Area News Group reported. “I think he died happily,” said 63-year-old Alida Alequin, the niece who alerted police to her 22% DNA match to Albino.

Persons: Luis Albino, Albino, Albino's, Roger, “, ” Organizations: Jefferson, Oakland, FBI, California Department of Justice, The Oakland Police, Bay Area Locations: California, Oakland, East Coast, East, Bay

☆ The Van Epps family left town for a youth baseball tournament Then tragedy struck
▼ + stars: | 2024-07-12 | by ( Thomas Lake | ) edition.cnn.com time to read: +10 min

The Van Epps family left behind two dogs, a stunned and grieving community, and an untold number of priceless memories. The Van Epps family in an undated photo from several years ago. The Van Epps family took a different route. James Ryan Van Epps pitched in a baseball tournament the morning of the plane crash. Courtesy Ansley Van EppsMeanwhile, she and others who loved the Van Epps family took care of other priorities.

Persons: Georgia CNN —, Ansley Van Epps, ”, Ryan Van Epps, Laura, Harrison, James Ryan, Roger Beggs, Van Epps, Regan Burr, Burr, Ryan’s, Ansley, Ryan, Christine Clements, Christine Marie, “ Harrison, Stefanie Gammage, ” Harrison, Rich Dennis, “, ” James Ryan, Brent Bechard, James Ryan’s, They’d, Chase Timms, Roger, James Ryan Van Epps, Erik Rank, Timms, ” Timms, ‘, ’, Piper, It’s, Walker, Laura wouldn’t, D.J, Jason, who’d, “ James Ryan Organizations: Georgia CNN, Perimeter, Roswell United Methodist Church, Roswell High School, Ridge Christian School, North Atlanta Football Club, Blue Jays, Baseball Hall of Fame, Mirage, Cooperstown, Team Elite National, Elite, Oneonta Municipal, National Transportation Safety Board, NTSB, JFK, Delta Airlines Locations: Milton, Georgia, New York, Catskill, Alpharetta, ”, Cooperstown, Savannah, Oneonta, Charleston , West Virginia, Atlanta, Lake Cecil, Masonville , New York

☆ Roger Daltrey thinks the internet has ruined concerts and he is ‘sick of it’
▼ + stars: | 2024-06-11 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Dear internet, The Who’s Roger Daltrey has a bone to pick with you. In a recent interview with Billboard, the singer declined to share the set list for his upcoming nine-date North American concert tour which kicks off Wednesday in Vienna, Virginia. “I’m not gonna talk about songs,” Daltrey told the publication. “The Internet’s ruined the live shows for me,” he said. I can’t stand it.”When it was suggested that concertgoers, perhaps, want to know the set list ahead of time to schedule bathroom breaks, Daltrey had a cheeky response.

Persons: Roger Daltrey, “ I’m, ” Daltrey, ”, “, what’s, concertgoers, Daltrey Organizations: CNN, Billboard, Hall of Fame Locations: Vienna , Virginia, London

☆ Why Walmart, Walgreens, CVS retail health clinic experiment is struggling
▼ + stars: | 2024-05-28 | by ( Kevin Williams | ) www.cnbc.com time to read: +11 min

But the business experience in the retail health clinic space has largely disappointed. Walmart and the problem of volume vs. priceIn 2019, Walmart announced a bold initiative to open 4,000 in-store health clinics by 2029. "Primary health care is a low margin business," said Arielle Trzcinski, a principal analyst covering health care at research firm. "Compared to what they see in traditional retail, health care is a fundamentally different business," Trzcinski said, citing the challenges of navigating insurance companies and administrative burdens that health care brings. In-store health clinics can be profitable and viable, and retailers are experimenting with piecemeal approaches tailored to the local market.

Persons: Bobbi Radford, Radford, haven't, CVS's MinuteClinic, Karla Lemon, CVS's, I've, That's, Timothy Hoff, Hoff, didn't, Colleen Sanders, Sanders, Arielle Trzcinski, Forrester, Trzcinski, America Sanders, Virgil Brantz, Brantz Organizations: CVS, Walmart, Walgreens, Northeastern University, Insurance, Washington , D.C, Aetna, Retailers, Washington, Hartford HealthCare, Health Clinic, Arizona State University, Little Clinics, Kroger Locations: Batavia , Ohio, VillageMD, Southern California, New England, Conway , South Carolina, Washington ,, MinuteClinic, USA, America, Connecticut, Hartford, Phoenix, Atlanta, Little

☆ China’s growing love of luxury watches remains strong, despite economic headwinds
▼ + stars: | 2024-04-19 | by ( Leona Liu | ) edition.cnn.com time to read: +9 min

Despite economic challenges looming large — including prolonged downturns in both the housing and stock market — China’s fascination with luxury watches remains undiminished. Cyril Zingaro/WWGF/KeystoneCertainly at this year’s fair, well-dressed, well-accessorized Chinese customers appeared unfazed by economic uncertainties. After more than 20 years working in the region, he believes China’s economic slowdown is just a temporary phase. “The situation may be slightly (more) challenging for mid-level luxury brands (whose clients’ disposable incomes are potentially more at the whim of market forces). Collectors appreciate the craftsmanship, rarity, and heritage associated with luxury timepieces, which can hold or increase in value over time.

Persons: Matthieu Humair, Cyril Zingaro, Jackson Yee, Jaeger, Zhu Yilong, Wang Yang, Xiao Zhan, David Sadigh, Patek Philippe, Van Cleef, ” Sadigh, Valentin Flauraud, ”, Ricardo Guadalupe, “ We’ve, Pierre Albouy, Keystone Carson Chan, Richard Mille Asia, Bonhams, ” Chan, Raphael Young, Lange, Söhne, Wilhelm Schmid, Lumen, Chan, Vacheron, Young, Roger Dubuis, Dior, Louis Vuitton, Gucci — Chanel, Hermes, Hermès, Attelé, Chanel, Mademoiselle Chanel, “ Organizations: Geneva CNN —, Federation of, Swiss Watch Industry, IWC, Digital Luxury, CNN, Keystone, Fondation, “, Berkley, Couture Locations: Geneva, China, Hong Kong, Asia, Switzerland, Chopard, Europe, “, Asia — China, Guadalupe, Swiss, watchmaking

☆ Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop
▼ + stars: | 2024-04-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML's net sales fell in the middle point of the company's guidance. ASML on Monday said first-quarter profit beat expectations while sales missed forecasts, with the company sticking to its full-year outlook. ASML has previously said it expects net sales for 2024 to be similar to 2023 and reiterated this projection on Monday. ASML previously said that export restrictions would impact 10% to 15% of China sales this year.

Persons: Joe Biden's, ASML, Peter Wennink, ASML's bullishness, Roger Dassen Organizations: Samsung, Taiwan Semiconductor Manufacturing Co, Intel Locations: Netherlands, China, U.S, America

☆ The real story behind Coco Chanel's collaboration with the Nazis, as featured in 'The New Look'
▼ + stars: | 2024-03-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +8 min

Apple TV+ "The New Look" shines a light on Coco Chanel's murky history as a Nazi informant and spy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Juliette Binoche and Emily Mortimer as Coco Chanel and Elsa Lombardi in "The New Look." Roger Do Minh/Apple TVHow deep the fashion icon's Nazi collaboration ran was made public for the first time in "Sleeping with the Enemy: Coco Chanel's Secret War," by Hal Vaughan, published in 2011. AdvertisementChanel, who died in 1971 at 87, continued her relationship with Von Dincklage after the war for several years.

Persons: —, France's, Coco Chanel that's, Chanel, Todd A, Christian Dior, Juliette Binoche, Emily Mortimer, Coco Chanel, Elsa Lombardi, Roger Do Minh, Hal Vaughan, Vaughan, Dreyfus, Alfred Dreyfus, Hulton, Baron Hans Günther Von Dincklage, Von Dincklage, Spatz, André Palasse, Pierre, Paul Wertheimer, Chanel didn't, Parfums Chanel, Modelhut Coco Chanel, Winston Churchill, Bettmann, Duke of Westminster, Walter Schellenberg, Schellenberg, Vera Bate Lombardi, Lombardi —, Chanel's, Churchill, Baron Louis de Vaufreland, Per Vaughan, Wertheimer, James Andanson, Dincklage, Baron von Dincklage Organizations: Apple, Nazi, Service, Deutsch, Hotel Ritz, Abwehr, AFP, Getty, British, Paris, Chanel Locations: Nazi, Paris, German, British, Germany, French, Britain, Madrid, Churchill, Switzerland

☆ How to recreate the most famous fashion collection of all time? New series ‘The New Look’ dives into Dior
▼ + stars: | 2024-02-14 | by ( Scarlett Harris | ) edition.cnn.com time to read: +5 min

Dior’s unveiling of his “New Look” collection signified the return of Paris as the fashion capital of the world after the Second World War. Roger Do Minh/Apple TV+Apple TV+'s series "The New Look" includes detailed recreations of many of the collection's 70 looks. Somehow they’ll always find a way to create,” Muller Serreau told CNN Style. Set during and in the immediate aftermath of World War II, “The New Look” and its visuals more broadly reflect the austerity of the time. As Dior was still in possession of the look’s fabric, Muller Serreau was able to faithfully recreate the entire ensemble.

Persons: Karen Muller Serreau, Christian Dior’s, ”, Dior’s, Roger Do Minh, Ben Mendelsohn, Pierre Balmain, Thomas Poitevin, Cristóbal Balenciaga, Nuno Lopes, Coco Chanel, Juliette Binoche, Dior, Lucien Lelong, John Malkovich, Chanel’s, ” Chanel, “, they’ll, ” Muller Serreau, Muller, Muller Serreau, Chanel, Yves Saint Laurent, revolutionizing womenswear Organizations: CNN, Apple, Getty Locations: Paris, France, AFP

☆ ASML warns of flat 2024 sales as chipmakers slow orders
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

The company reported net profit of 1.9 billion euros ($2.01 billion) for the three months ended Sept. 30, in line with analyst expectations. Net bookings were 2.6 billion euros, compared with third quarter sales of 6.7 billion euros. "Consensus expectations still call for 7% sales growth next year, which should come down today," Stifel analysts said in a note. Dassen said ASML still had an order backlog of 35 billion euros and a strong 2025 would follow an uncertain 2024, given its customers' expansion plans in Asia, the United States and Europe. Dassen said the company did not expect any financial impact from an updated U.S. policy announced Tuesday restricting sales of semiconductor equipment to China.

Persons: they're, Roger Dassen, Dassen, ASML, Toby Sterling, Victor Goury, Rashmi Aich, Mark Potter Organizations: Jefferies, Semiconductor, ASML, Samsung, Intel, Thomson Locations: AMSTERDAM, Amsterdam, Asia, United States, Europe, China, Taiwan, South Korea

☆ McDonald's franchisee group says new California fast-food bill will cause 'devastating financial blow'
▼ + stars: | 2023-09-15 | by ( Kate Rogers | ) www.cnbc.com time to read: +4 min

After California lawmakers passed a landmark fast-food bill, an independent advocacy group of McDonald's owners is pushing back against what it says will be a "devastating financial blow" to its franchisees in the state, according to a memo to its membership viewed by CNBC. It includes a wage floor of $20 for California workers at fast-food chains with at least 60 locations nationwide, starting April 1. The National Owners Association, an independent advocacy group of more than 1,000 McDonald's owners, projects in the memo the bill will cost each restaurant in the state $250,000 annually. McDonald's sent its own letter to its restaurant system on Monday, which was viewed by CNBC. The new legislation eliminated the threat of joint franchisor-franchisee liability, which McDonald's said would "destroy the franchise model in California and strip thousands of restaurant owners of the right to run their business."

Persons: Gavin Newsom's, McDonald's, Roger Delph Organizations: CNBC, Gov, Labor, National Owners Association, National Restaurant Association, International Franchise Association, IFA, [ Service Employees International, America, Team, Industrial Welfare Commission Locations: California

☆ Slowing inflation is dragging on Kroger sales, even as consumers still feel a pinch
▼ + stars: | 2023-09-08 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

But it has created risk that customers could turn to retailers known for lower food prices, such as Walmart, Aldi or Dollar General . Kroger reaffirmed its full-year guidance, saying it expects identical sales excluding fuel to range between 1% and 2%. In an earnings release, he said the grocer expects inflation to "continue to decelerate" and expects a tougher backdrop for consumers in the months ahead. Kroger CEO Rodney McMullen said on an earnings call that slowing inflation could lift sales in another way. He said Kroger has stepped up security and added new tech to try to fight crime, but said Kroger expects the theft trends "will continue to be a challenge for the remainder of the year."

Persons: Kroger, Fred Meyer, Ralphs, King Soopers, Gary Millerchip, Rodney McMullen, McMullen, Millerchip Organizations: Kroger, LSEG, Target, Walmart, Aldi, Express, U.S . Bureau of Labor Statistics, Albertsons, S Wholesale Grocers, Grand Union Locations: U.S, Florida, Washington ,

Lara and Roger Griffiths bought their dream home … and then life fell apart. The Daily MailBefore they won a $2.76 million lottery jackpot in 2005, Lara and Roger Griffiths, of England, reportedly never argued. Then they won and bought a million-dollar barn-converted house and a Porsche, not to mention luxurious trips to Dubai, Monaco, and New York City. Shortly after, there were claims that Roger drove away in the Porsche after Lara confronted him over emails suggesting that he was interested in another woman. That ended their 14-year marriage.

Persons: Lara, Roger Griffiths, Roger Organizations: Daily, Porsche, New York City . Media Locations: England, Dubai, Monaco, New York City

☆ Saudi adviser proposed giving Tiger Woods and Rory McIlroy ownership of LIV Golf teams, documents show
▼ + stars: | 2023-07-11 | by ( Wayne Sterling | ) edition.cnn.com time to read: +2 min

CNN —Prior to a truce between the PGA Tour and LIV Golf last month, an adviser to the Saudi Public Investment Fund proposed that Tiger Woods and Rory McIlroy could own LIV Golf teams and play in the Saudi-backed tour, according to a 276-page report released by the US Senate Permanent Subcommittee on Investigations on Tuesday. In an April 26 meeting, PCP Capital Partners, a Saudi PIF adviser, presented a slideshow to PGA Tour board member Jimmy Dunne and PGA Tour Policy Board Chairman Edward Herlihy entitled “The Best of Both Worlds.”The slideshow proposed that McIlroy and Woods would own LIV Golf teams and participate in at least 10 LIV Golf events, documents showed. A May 24 email also revealed PGA Tour officials intended to fire LIV Golf CEO Greg Norman after the merger. Norman has been an advocate for the rival Saudi tour and a fierce public critic of the PGA Tour. The framework agreement between the Saudis and the PGA Tour needs to be approved by the PGA Tour’s 10-member policy board.

Persons: LIV, Woods, Rory McIlroy, Jimmy Dunne, Edward Herlihy, McIlroy, Yasir Al, Greg Norman, Norman, Jay Monahan’s, PIF, Roger Devlin, Dunne, Delvin, Rumayyan, ” Devlin, Devlin, “, McIlroy “ Organizations: CNN, PGA, Saudi Public Investment Fund, LIV Golf, US, Capital Partners, Tour, Augusta National, International Golf Federation, Saudi, PGA Tour, LIV, Fund, Al Locations: Saudi, Saudi Arabia, Dubai, Rumayyan

☆ PGA officials say they had no choice but to reach deal with the Saudis
▼ + stars: | 2023-07-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Two top officials of the PGA Tour said the sport’s governing body had no choice but to reach a truce in its yearlong battle with LIV Golf and try to reach a merger with the Saudi-funded tour. But Ron Price, the chief operating officer of the PGA Tour, and Jimmy Dunne, a board member of the tour’s governing body, both said that the framework of the planned merger was the best chance to allow the PGA Tour to keep some measure of control over the sport. He pointed out that the Saudi Public Investment Fund, which is funding LIV Golf, has 500 times the financial resources as the PGA Tour. “It would be grossly unfair to expect the PGA Tour to bear the full burden of holding Saudi Arabia accountable. The committee released a 276 page report with details of the legal battle and the negotiations between LIV and the PGA Tour.

Persons: LIV Golf, “, ”, Richard Blumenthal, Ron Price, Jimmy Dunne, Sen, ” Dunne, LIV, Price, Ron Johnson of, it’s, ” Johnson, Blumenthal, Roger Devlin, Dunne, ” Blumenthal, “ It’s, … Organizations: New, New York CNN, PGA Tour, Saudi, PGA, Connecticut Democrat, Republican, Saudi Public Investment Fund, Saudi Public Investment, ” Locations: New York, Saudi, American, Connecticut, Ron Johnson of Wisconsin, Saudi Arabia, British, “

☆ Stream These 8 Movies Before They Leave Netflix in July
▼ + stars: | 2023-06-30 | by ( Jason Bailey | ) www.nytimes.com time to read: +4 min

‘Julie & Julia’ (July 31)Julia Child was an easy figure to impersonate but perhaps not so simple to inhabit. The film focuses on Gardner’s period of homelessness and the sacrifices he made while completing an unpaid internship at a prestigious firm. It’s a formulaic piece of work but a nevertheless affecting one. ‘Stepmom’ (July 31)The “Home Alone” director Chris Columbus continued the softening of his touch that began with “Mrs. Julia Roberts plays the title character, a fashion photographer who is dating, and then marries, a much older, divorced father (Ed Harris).

Persons: ‘ Julie, Julia ’, Julia Child, Meryl Streep, Julie Powell, Amy Adams, Nora Ephron, Stanley Tucci, Chris Messina, Happyness ’, Gabriele Muccino, Chris Gardner, Oscar, Will Smith, Gardner, Jaden, Skyfall ’, Daniel Craig, James Bond, “ Bourne, Sam Mendes, Roger Deakins, Thomas Newman, Javier Bardem, Stepmom ’, Chris Columbus, “ Mrs, Doubtfire ”, Julia Roberts, Ed Harris, Susan Sarandon, —, It’s, ’, Kate Beckinsale Organizations: “

☆ House Passes Resolution Calling on Russia to Free U.S. Prisoners
▼ + stars: | 2023-06-13 | by ( Karoun Demirjian | ) www.nytimes.com time to read: +3 min

Why It MattersThe House has weighed in to condemn Mr. Whelan’s detention in the past, but Tuesday’s resolution was the first time that either chamber of Congress had officially called for Mr. Gershkovich’s release. Mr. Gershkovich’s arrest came just a few months after a high-profile prisoner swap in which Brittney Griner, an American W.N.B.A. American officials tried and failed to secure the release of Mr. Whelan in the deal. Mr. Whelan, who holds American, Canadian, Irish and British passports, has insisted he was visiting Russia as a tourist, and was set up. It is not clear which Russian prisoners the Kremlin would seek in exchange for either Mr. Gershkovich or Mr. Whelan, or both.

Persons: Biden, Gershkovich’s, “, Marc Fogel, Vladimir Kara, Murza, Mr, Antony J, Blinken, Roger D, Carstens, Biden’s, Gershkovich, Soviet, Brittney, Viktor Bout, Whelan, Griner’s, ”, — Organizations: American, Kremlin Locations: U.S, Russia, Russian, American, Yekaterinburg, Moscow, United States

☆ This Tool Pushes the Limits of Outdoor Cooking
▼ + stars: | 2023-05-15 | by ( Steven Raichlen | ) www.nytimes.com time to read: 1 min

In the early 2000s, Roger Dahle attended an outdoor pancake breakfast cooked on a commercial flattop at his local Rotary Club, a civic organization, in Utah. “I love cooking breakfast outdoors, but you couldn’t buy an outdoor griddle for home use,” Mr. Dahle said. He experimented with a variety of cooking surfaces, settling on the same material used in woks: carbon steel. He mounted it on a cart like a gas grill, with propane to fire the burners, and named it Blackstone, after a favorite local restaurant. “People originally bought the Blackstone to cook breakfast,” Mr. Dahle said.

☆ ASML China sales dip in Q1 but seen stronger next nine months
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, April 19 (Reuters) - Dutch semiconductor equipment maker ASML Holding NV (ASML.AS) expects sales to mainland China to pick up for the remainder of 2023 following a dip in the first quarter, it said on Wednesday. ASML's sales in mainland China, its third biggest market after Taiwan and South Korea, have been the subject of a high profile geopolitical tug-of-war. Dassen reiterated that would affect one slice of potential exports to mainland China, but demand from chip makers who make slightly older chips remains strong. "Domestic China accounts for more than 20% in our backlog," despite a dip in first quarter sales to about 8% of the company's total, he said in a statement accompanying the earnings. "That means you will see a significant pick up of the sales into domestic China for the quarters to come this year."

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