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☆ Ex-NHL star Paul Bissonnette hospitalized after restaurant brawl with 7 men in Arizona
▼ + stars: | 2024-11-26 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Former NHL star Paul Bissonnette landed in the hospital after he was assaulted by seven men in a brawl that broke out at an Arizona restaurant over the weekend, he said. He said the fight escalated "extremely quickly" and involved seven men against him. The fight spilled over from the restaurant to the parking lot, and then to a nearby CVS. The six men arrested face assault and disorderly conduct charges, police said. Bissonnette described the situation as “bad dudes” who were “way too drunk.”“I’m very, very angry about these guys,” Bissonnette said.

Persons: Paul Bissonnette, Bissonnette, ” Bissonnette, we’re, “, didn’t, ”, ” “ Organizations: NHL, Phoenix Coyotes, CVS, Scottsdale Police Department Locations: Arizona, Scottsdale

Others say they’ve also stepped in as translators for their parents during their childhood — and that these duties continue into adulthood. Monica Mikael is glad her parents are using ChatGPT, but she does have some concerns. When ChatGPT was released in November 2022, Mikael jumped at the opportunity to teach her parents how to use it. “After a month or so, they were using it entirely on their own.”Now, Mikael’s parents barely ask her for help. “And then I realized she and all my Indian aunties are using ChatGPT,” Verma said.

Persons: Michelle Fang, “, ”, Fang, he’s, they’ve, Monica Mikael, Monica Mikael ., Monica Mikael Mikael, Mikael’s, ChatGPT, Mikael, it’s, ” Sheeta Verma, Sheeta Verma, aren’t, ” Verma, there’s, It’s, ” Fang, Verma Organizations: Pew Research Center, NBC Asian Locations: New Jersey, San Francisco, Los Angeles, East, Southeast, NBC Asian America

☆ Two Adidas employees out in China corruption probe
▼ + stars: | 2024-06-26 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Two employees have left Adidas as a result of an ongoing investigation by the German sportswear brand into allegations of corruption in China. Chinese state media outlet Economic View reported Wednesday that both former employees had worked in marketing for Adidas China. The allegations against Adidas executives were contained in an unsigned letter from people calling themselves employees of Adidas China. Greater China — a region that encompasses mainland China, Hong Kong and Taiwan — accounts for 15% of the company’s sales. In mainland China, Adidas is the second-largest international sportswear brand behind Nike (NKE).

Persons: ” Claudia Lange, “, ”, Jiemian, Lange, Yang Mi, Yi, Fred Organizations: Hong Kong CNN —, Adidas, “, Adidas China, CNN, Nike Locations: China, Hong Kong, Taiwan, Beijing

☆ Adidas is investigating allegations of embezzlement and kickbacks in China
▼ + stars: | 2024-06-17 | by ( Laura He | Wayne Chang | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear. The reported complaint alleged that a senior executive in Greater China who manages Adidas’ marketing budget had embezzled millions of euros and taken huge kickbacks from external advertising and celebrity agencies. Greater China — a region that encompasses mainland China, Hong Kong and Taiwan — contributes 15% of the company’s sales. In mainland China, Adidas is the second largest international sportswear brand behind Nike (NKE). Adidas is well known for playing the “celebrity” card in its marketing in China.

Persons: Hong Kong CNN —, Jiemian, Claudia Lange, ”, Lange, ’, Taiwan —, —, Yang Mi, Yi Yangqianxi Organizations: Hong Kong CNN, Hong Kong CNN — Adidas, Adidas China, CNN, Adidas, Nike Locations: China, Hong Kong, Taiwan, Beijing, Xinjiang

☆ China’s Q1 GDP grows 5.3% partly thanks to strong manufacturing
▼ + stars: | 2024-04-15 | by ( Laura He | ) edition.cnn.com time to read: +1 min

Hong Kong CNN —China’s economy grew stronger than expected at the start of this year, partly thanks to robust factory activity. Gross domestic product grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. Last month, an official survey showed China’s manufacturing purchasing manager’s index (PMI) expanded for the first time in six months. The Caixin/S&P manufacturing PMI also hit its strongest reading in more than a year, as overseas demand picked up. The authorities have cut interest rates this year to boost bank lending and speed up central government spending to support infrastructure investment.

Organizations: Hong Kong CNN, Gross, National Bureau, Statistics, PMI Locations: Hong Kong, China

☆ To Make ‘The Notebook’ a Musical, She Wove in Memories of Her Parents
▼ + stars: | 2024-03-08 | by ( Rob Tannenbaum | ) www.nytimes.com time to read: +1 min

It’s crowded and overlit, thanks to a high-wattage vanity mirror situated near a 1970s-era mini sink. “Quirky” is a word that turns up in articles about her, and quirky is rarely a mass-market trait. In 2004, it was adapted into a film starring Ryan Gosling and Rachel McAdams, and its feverishly passionate dialogue (“It wasn’t over. It still isn’t over!” Gosling shouts, in the middle of a rainstorm.) Wielding a double-barreled shotgun in his review for The New York Times, the critic Stephen Holden dismissed Sparks’s book as “treacly” and called the film “a high-toned cinematic greeting card.”

Persons: Gerald Schoenfeld, Ingrid Michaelson, “, ”, “ There’s, Michaelson, Dolly Parton, Cyndi Lauper, Sara Bareilles — Michaelson, Nicholas Sparks’s, Ryan Gosling, Rachel McAdams, ” Gosling, Stephen Holden, Sparks’s Organizations: The New York Times

☆ Wendy Williams documentary will still air this weekend after legal guardian files lawsuit against Lifetime’s parent company
▼ + stars: | 2024-02-23 | by ( Elizabeth | Wagmeister | ) edition.cnn.com time to read: +5 min

“Lifetime appeared in court today, and the documentary ‘Where Is Wendy Williams?’ will air this weekend, as planned,” a spokesperson for the network told CNN Friday. The legal guardian for Williams had filed suit against Lifetime’s parent company A&E Television Networks on Thursday in a New York State court, the source told CNN. The four-part docuseries, “Where is Wendy Williams?” provides a painfully candid depiction of Williams’ life as she struggles with health issues and alcohol abuse. A representative for Williams’ care team declined to comment on the documentary and would not confirm whether the care team is working in connection with the guardianship. Mark Ford, an executive producer on the documentary project, told CNN that nothing was filmed without Williams’ or her manager’s approval.

Persons: Wendy Williams, “, ”, Williams, Sabrina Morrissey, Wendy Williams Hunter, Morrissey, Mark Ford, ” Ford, Ford, Alex Finnie, “ We’ve, ” Finnie, Earl Gibson, Finnie, Wendy Organizations: CNN, E Television Networks, New York State, Lifetime, BET, Producers Locations: New York, Wells

☆ Trent Alexander-Arnold: Liverpool star aims to win ‘the quadruple’ this season
▼ + stars: | 2024-02-10 | by ( Zayn Nabbi | Darren Lewis | ) edition.cnn.com time to read: +4 min

CNN —Liverpool star Trent Alexander-Arnold says his goal is to “win the quadruple” this season, as the European giant looks to give its much loved manager Jürgen Klopp the perfect send-off. My aim is to go and win the quadruple and win four trophies.”Liverpool is currently fighting on four fronts and currently tops the English Premier League by two points. Arsenal, meanwhile, kept its title hopes alive with a vital 3-1 win over Liverpool on Sunday. “I believe we’re capable of beating any team that’s in front of us. The Liverpool defender is fully aware of the German manager’s impact on both the club and the city of Liverpool.

Persons: Trent Alexander, Arnold, Jürgen, Darren Lewis, “, ” Alexander, Alexander, Pep, let’s, Liverpool, ” Jürgen Klopp, Klopp, ”, He’s, who’s, that’s, I’ve Organizations: CNN, Liverpool, CNN Senior, Academy, Alexander, English Premier League, Europa League, FA, Chelsea, Arsenal, Manchester City, City, Sunday, Gunners, Liverpool star's, CNN Liverpool, Reds, England, Everton Locations: “, Liverpool

☆ ‘Fallen Leaves’ Review: Love (and Laughs) Among the Ruins
▼ + stars: | 2023-11-16 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

Modestly scaled and tonally perfect, “Fallen Leaves” opens in a fluorescent hell-on-earth and ends with a vision of something like paradise. A lot of the drinks are downed hurriedly and often furtively by a man, while elsewhere a woman listens to sad songs. A Finnish writer-director best known on the international festival circuit (“Fallen Leaves” won a major award at the 2023 Cannes), Kaurismaki makes movies — precise, austere, plaintive — that resist compartmentalization. Set in contemporary Helsinki, “Fallen Leaves” opens on the woman who listens to sad songs; it’s a habit that suggests she’s a familiar genre type — she isn’t. That’s pretty much what happens when a supermarket manager later fires Ansa for taking some expired food.

Persons: Aki, Kaurismaki, she’s, Alma Poysti, Ansa, Kaurismaki doesn’t Locations: Finnish, Cannes, Helsinki, —, Ukraine

☆ St James’s Place adds extra twist to wealth pain
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

LONDON, Oct 13 (Reuters Breakingviews) - St James’s Place (SJP.L) is in a tricky spot. Wealth managers around the world are finding it harder to justify their fees as interest rates in countries like the UK have topped 5%. Friday’s 16% drop in the 4 billion pound UK wealth manager’s shares reflects its problematic twist on that trend. The UK firm is under pressure from regulators to overhaul its fee structure to comply with new rules brought in by the Financial Conduct Authority. SJP, run by CEO Andrew Croft, has been facing intense scrutiny due to its complex fee structure and stiff penalties for clients who look to withdraw their cash.

Persons: Andrew Croft, SJP, Aimee Donnellan, George Hay, Oliver Taslic Organizations: Reuters, Financial, Authority, Reuters Graphics Reuters, X, Infosys, Ericsson, Thomson Locations: Europe

Balkovec will wrap her second season as the Single-A Tampa manager in the New York Yankees' system this week. “It’s been a whirlwind, yeah,” Balkovec said in the manager’s office at Steinbrenner Field that Yankees skipper Aaron Boone uses during spring training. "I had somebody ask me at the beginning of the year if I’m a player’s manager, and I thought for a second and I said ‘No, I’m not,'" Balkovec said. “You just have a much broader view than just being one type of coach, one specific position coach.”Tampa's season ends Sunday, and like most minor league managers, coaches and players, Balkovec doesn't know what her assignment will be next season. “It’s kind of full circle, and I’ll feel emotional about that I’m sure,” Balkovec said.

Persons: — Rachel Balkovec, Joker, “ It’s, ” Balkovec, Aaron Boone, it’s, I’ve, I’m, Balkovec, “, “ I’ve, hasn’t, ”, ___ Organizations: New York Yankees, Major League Baseball, Steinbrenner, Yankees Locations: TAMPA, Fla, Tampa, Lakeland , Florida

☆ Don’t Blame the Accounting Rule for the Manager’s Error
▼ + stars: | 2023-08-18 | by ( ) www.wsj.com time to read: 1 min

Peter Cappelli’s argument in “How a Common Accounting Rule Leads to More Layoffs and Less Job Training” (Journal Report, July 31) is like the argument that a hammer is the cause of bad construction. Accounting is a tool used to communicate some relatively reliable and objective information to aid in decision-making, such as allocating capital. If management chooses to misuse the tool and underinvest in employees to boost current accounting earnings at the expense of future accounting earnings, then perhaps the problem lies with management. Like a hammer, accounting rules don’t think, and like a good carpenter, good managers do.

Persons: Peter Cappelli’s

LONDON, July 27(Reuters Breakingviews) - The world is getting hotter, but when it comes to achieving net zero investors are cooling. Glencore (GLEN.L), the $75 billion Swiss group that is one of the world’s biggest coal miners, makes an interesting case study for what’s changed. Either way, the plan raises the prospect of Glencore bulking up in coal before offloading some or all of the enlarged business. True, a listing of Glencore’s enlarged coal business might not happen for a few years. While prices have now more than halved, Glencore‘s coal business would still make $9 billion in EBITDA in 2023 if they averaged $200 a tonne.

Persons: what’s, Glencore, Gary Nagle, Nagle, Teck, wouldn’t, There’s, Wael Sawan, Larry Fink, underwhelmed, ” Nagle, Glencore’s, George Hay, Karen Kwok, Peter Thal Larsen, Aditya Munjuluru Organizations: Reuters, Resources, Teck Resources, Bluebell Capital Partners, Investment, International Energy Agency, Reuters Graphics Reuters, Rio Tinto, BHP, GQG Partners, Capital Research Group, BlackRock, Vanguard, Services, Saudi, Aramco, United Nations, of, Pensions, Shell, Financial Times, “, Melbourne Mining, Capital Partners, Thomson Locations: Glasgow, Ukraine, EBITDA, American, U.S, Glencore, London, New York, Europe, Melbourne

☆ Women’s World Cup: ‘The gap is closing’ says Jamaica manager as Reggae Girlz impress
▼ + stars: | 2023-07-24 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —Just five days into the 2023 Women’s World Cup and many of the tournament underdogs are already making a name for themselves. On Thursday New Zealand won its first Women’s World Cup game by beating Norway. Even if results haven’t gone the way of the smaller teams, many games have been much closer than expected. “Once upon a time, the US in particular was very dominant but you see the gap is closing and the smaller nations are jumping on that bandwagon,” Donaldson added. It was the first point the Reggae Girlz had earned at a World Cup, having only played one previous tournament.

Persons: CNN —, Lorne Donaldson, ”, “, USWNT, ” Donaldson, Mark Baker, Bunny ’ Shaw, Girlz, Donaldson, Jamaica’s Deneisha Blackwood, we’ve Organizations: CNN, New Zealand, England, cohost Australia, Zambia, frontrunners France Locations: France, Norway, Haiti, Republic of Ireland, England, Thailand, Vietnam, Japan, Germany, Morocco, Jamaica, Panama, Brazil

☆ Women’s World Cup: Underdogs continue to impress. Jamaica’s manager thinks he knows why
▼ + stars: | 2023-07-24 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —Just six days into the 2023 Women’s World Cup and many of the tournament underdogs are already making a name for themselves. The Philippines securing its first World Cup win on Tuesday was just the latest in a series of surprise results. 5 France, its first ever point at a World Cup, while New Zealand won its first Women’s World Cup game by beating Norway – before itself being on the wrong end of an upset against the Philippines. Even when results haven’t gone the way of the so-called smaller teams, many games have been much closer than expected. “The smaller nations are believing that they can get this done.”Philippines beats New Zealand in the latest surprise result on Tuesday.

Persons: CNN —, haven’t, Lorne Donaldson, ”, “, USWNT, ” Donaldson, Marty Melville, Donaldson, Jamaica’s Deneisha Blackwood, we’ve Organizations: CNN, New Zealand, Norway –, England, cohost Australia, Zambia, Getty, Filipina Locations: Philippines, Jamaica, France, Haiti, Republic of Ireland, England, Thailand, Vietnam, Japan, Germany, Morocco, New, AFP

☆ Man mixes risk and reward in private credit bet
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

LONDON, July 6 (Reuters Breakingviews) - Man Group (EMG.L) is getting into the hot private credit market, by buying a majority stake in lender Varagon Capital Partners for $183 million. Private credit, which involves managers like Ares Management (ARES.N) or Blackstone (BX.N) making bilateral loans to mostly private equity buyouts, has been one of the hottest areas in fixed income. Low rates encouraged investors to hunt for yield, and has seen mainstream managers like T. Rowe Price (TROW.O)join the fray. They will be rewarded with further payments if they extend their commitments, and Man hopes to use its network to broaden Varagon’s investor base. Given private credit managers like Fortress have traded at more than double that multiple, it looks like a relatively savvy deal.

Persons: Rowe Price, Neil Unmack, Aimee Donnellan, Streisand Neto Organizations: Reuters, Man, Capital Partners, Ares Management, AIG, Fortress, Twitter, KKR, Thomson Locations: Varagon’s, China

Barnaby Webber and Grace Kumar, both 19-year-old students at the University of Nottingham, and Ian Coates, 65, a school janitor, were fatally stabbed. Coates was later found dead from knife injuries on Magdala Road by a member of the public, police said. Police responded to a "major incident" in Nottingham city center early Tuesday morning. “Barnaby Philip John Webber was a beautiful, brilliant, bright young man, with everything in life to look forward to,” his family said. “At 19 he was just at the start of his journey into adulthood and was developing into a wonderful young man,” the family added.

Persons: Barnaby Webber, Grace Kumar, Ian Coates, van, tasered, Coates, “, Kate Meynell, Meynell, Lynn Haggitt, ” Haggitt, ” “ I’ve, ”, Darren Staples, Shearer West, Webber, Kumar, ” Webber, “ Barnaby Philip John Webber, Webbs ’, Handout, AP Kumar, “ Grace, Grace, Kumar’s, “ Ian, ” Ross Middleton, Diana Owen, Ian, David Mellen, Jacob King, Constable Meynell, ” Meynell Organizations: CNN, Nottingham, University of Nottingham, Nottinghamshire Police, Police, BBC, Getty, University of Nottingham’s, Bishops Hull Cricket Club, AP, England, England Hockey, Southgate Hockey Club, Southgate Hockey Club Coates, . Academy Trust, Huntingdon Academy, L.E.A.D . Academy Trust, St, Lawn Tennis Association, Nottingham City Locations: Ilkeston, Milton, Nottingham, AFP, Taunton, England, Huntingdon, St Peter’s, Rothesay, “, Peter's

☆ Xavier Niel offers risky alternative for sick GAM
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 8 (Reuters Breakingviews) - French billionaire Xavier Niel is asking investors to have one last flutter on GAM (GAMH.S). GAM investors will receive shares in Liontrust worth around 0.5% of the target company’s assets under management back in May, and even less now. If all goes well, GAM’s current investors could still keep a much larger share of the upside than they would with the Liontrust deal. The risk, however, is that GAM’s turnaround proves hard, cost cuts are more expensive and damaging, and the group keeps losing assets or staff. Moreover, it’s plausible that Niel wins enough backing to block the deal, but not enough to replace the board, leaving GAM in limbo.

Persons: Xavier Niel, Niel, Bruellan, manager’s, Neil Unmack, Liam Proud, Streisand Neto Organizations: Reuters, Liontrust Asset Management, Twitter, Toyota, Thomson Locations: Liontrust

☆ This portfolio manager’s frugality and eye for income protected her fund from the worst of 2022’s tumult
▼ + stars: | 2023-04-05 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +2 min

Amid the tumult, the Fidelity Equity-Income Fund (FEQIX) outperformed the broader market with a total return of -5.07% – the result of portfolio manager Ramona Persaud's search for value and quality. The fund posted 3-year trailing returns of 18.71%, through April 4, according to Morningstar. "She thinks that a portfolio of companies that are inexpensive, high quality dividend paying stocks should outperform on a risk-adjusted basis." "When the market panics, you get this sweeping effect when everything gets sold off," Persaud said. "There's a lot of cyclical tech, things like semiconductors, that sold off really hard because of the fear around long duration.

☆ Texas adds HSBC to energy sanctions list
▼ + stars: | 2023-03-21 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu(Reuters) - A Texas official on Monday added HSBC Holdings to an energy sanctions list, widening a crackdown on companies which in the state’s view are too focused on energy transition. Republican-led U.S. states have alleged companies are prioritizing environmental, social and governance policies (ESG) over their financial responsibilities to their shareholders. The move could prohibit Texas’ governmental entities from investing in one of Europe’s biggest banks. Florida’s chief financial officer said in December his department would pull $2 billion worth of its assets managed by BlackRock Inc, a sizeable divestment by a state opposed to the asset manager’s ESG policies.

☆ Larry Fink finds way to dodge ESG crosshairs
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +2 min

LONDON, March 15 (Reuters Breakingviews) - Seismic events elsewhere are making it easier for BlackRock (BLK.N) to inch away from the environmental, social and governance crosshairs. The $8 trillion asset manager’s chair Larry Fink used his annual investor letter to theorise that inflation might stay around 4%, predict stricter bank capital requirements, and namecheck his favourite 80’s band, Talk Talk. BlackRock still backs these objectives, but Fink’s 2023 letter doesn’t even mention ESG. The good news for Fink is that U.S. banking collapses and spiralling inflation mean his detractors’ attention is, at least for now, elsewhere. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Bath & Body Works Backs Board in Potential Proxy Battle
▼ + stars: | 2023-02-27 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

Bath & Body Works Inc. backed the makeup of its refreshed board and rejected naming one of Dan Loeb’s protégés as a director ahead of a potential proxy fight with the hedge-fund manager’s Third Point LLC. The retailer on Monday said in a letter to shareholders that the looming proxy battle is based on misguided motivations and would be detrimental to shareholders. It added that it has taken “all reasonable steps to avoid a costly and distracting proxy contest” from Mr. Loeb, who said last week that his firm plans to nominate a candidate to the company’s board.

☆ Child workers found throughout Hyundai-Kia supply chain in Alabama
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +16 min

Hyundai and Kia now have dozens of suppliers in Alabama, according to the Economic Development Partnership of Alabama, a business group. The agency, they said, hired underage workers while they worked there. “It was my first job in the United States and this is not what you would expect to see here.”Six other former workers told Reuters they, too, saw underage workers at Ajin’s two factories in Cusseta. Herrera said he raised concerns about the underage workers with managers at SMART, but was brushed off. The officials, wearing shirts that bore Hyundai logos, inspected the assembly line even as underage workers labored there, Herrera said.

Editor’s note: This article includes spoilers for “The White Lotus” season 2. “He kept saying, ‘Sabrina, the more bitchy you are, the more it’s going to work.’ And I really trusted him.”Sabrina Impacciatore in "The White Lotus." Jennifer Coolidge accepts the Emmy for her performance in season 1 of "The White Lotus." The brief, moan-filled love scene that follows gets about as close to a life-affirming event as an overnight stay at the White Lotus can. I was inventing magic rituals — literally, inventing rituals to get the role, to have Mike White in my life.

☆ The implications of Blackstone’s property wobble: podcast
▼ + stars: | 2022-12-08 | by ( Aimee Donnellan | ) www.reuters.com time to read: 1 min

LONDON, Dec 8 (Reuters Breakingviews) - The giant alternative asset manager’s market value dropped by $8 bln after it said investors were exiting its flagship real estate fund. In this Viewsroom podcast, Breakingviews columnists discuss the causes of the jitters and how rivals are vulnerable to similar moves. Listen to the podcastFollow @aimeedonnellan on TwitterEditing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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