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☆ In French banlieues, distrust of police runs deep
▼ + stars: | 2023-06-30 | by ( Layli Foroudi | ) www.reuters.com time to read: +5 min

Rioters have torched cars and public transport but also targeted town halls, police stations and schools - buildings that represent the French state. Some said Nahel, who was shot dead on Tuesday, could have been any of them, or their sons, brothers or friends. Yann Bastiere, a representative of the Unite SGP police union, said the officer who shot Nahel was innocent until proven guilty. Belaidi said teachers were not replaced and hospitals lacked resources, which has led to a feeling of abandonment by the state. Reporting by Layli Foroudi; additional reporting by Elizabeth Pineau; Editing by Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Benjamin Belaidi, Belaidi, Emmanuel Macron, Mohamed Jakoubi, Nahel, Yann Bastiere, Bastiere, Karima, Emile Chabal, Chabal, Olivier Klein, Layli Foroudi, Elizabeth Pineau, Angus MacSwan Organizations: PARIS, Reuters, police, Unite SGP police, Edinburgh University . Investment, France Inter, Thomson Locations: Paris, Nanterre, France, Nahel, Blanc Mesnil, Clichy

☆ Supreme Court strikes down Biden's student loan forgiveness plan
▼ + stars: | 2023-06-30 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Supporters of student debt forgiveness demonstrate outside the US Supreme Court on June 30, 2023, in Washington, DC. Olivier Douliery | AFP | Getty Images"Under the Secretary's plan, roughly half of all federal borrowers would have their loans completely discharged," Roberts wrote. How student loan forgiveness got to the Supreme CourtSupreme Court justices listen to arguments. watch nowTwo of those legal challenges made it to the Supreme Court: one brought by six GOP-led states — Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina — and another backed by the Job Creators Network Foundation, a conservative advocacy organization. While the justices' decision largely matched the predictions of many legal experts, some saw it going another way, especially after the Supreme Court heard oral arguments for the two challenges to the president's plan at the end of February.

Persons: Olivier Douliery, Roberts, Persis Yu, who'd, Biden, Bill Hennessey, he'd, Grant, overreach, Jed Shugerman, Elizabeth Prelogar Organizations: AFP, Getty, U.S . Department of Education, Consumer, Student, Protection, Supreme, U.S . Department of Justice, Heroes, Republican, GOP, South Carolina —, Job, Network Foundation Locations: Washington ,, Missouri, delinquencies, U.S, — Nebraska , Missouri , Arkansas , Iowa , Kansas, South Carolina, Fordham

☆ Credit Suisse appoints investment banking management committee -memo
▼ + stars: | 2023-06-29 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +1 min

NEW YORK, June 29 (Reuters) - Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its integration with UBS Group AG (UBSG.S), according to a memo seen by Reuters. UBS completed its emergency takeover of embattled rival Credit Suisse in June, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet and overseeing more than $5 trillion in assets. Michael Ebert, head of Credit Suisse for the investment bank, will lead markets within the committee. Onu Odim will oversee investment banking risk management and the chief operating officers for markets and capital markets will be Olivier Charhon and Amy Clack, respectively. The committee will be supported by other executives such as investment banking CFO Tony Bullman and Chief Risk Officer David Krauss.

Persons: Michael Ebert, Marc, Michael Furber, Tan, Onu Odim, Olivier Charhon, Amy Clack, Tony Bullman, David Krauss, Tatiana Bautzer, Chris Reese, Mark Porter Organizations: YORK, Credit Suisse Group AG, UBS Group AG, Reuters, UBS, Credit Suisse, Capital, Kuan, Thomson Locations: Americas, APAC, Asia

Paris CNN —French authorities arrested about 150 people overnight as protests broke out for a second night over the fatal police shooting of a teenager, officials said Thursday. The incident triggered violent protests in several Paris suburbs on Tuesday night, during which 24 police officers were injured and 40 cars set alight, French authorities said. In anticipation of violence stretching into a second evening, 2,000 extra police officers were mobilized Wednesday afternoon, authorities said. Darmanin expressed support for police and firefighters, saying: “shame on those who did not call for calm.”The officer who allegedly shot the teenager was taken into custody Tuesday and will undergo questioning by prosecutors, Nanterre prosecutor’s office told CNN. The death of the 17-year-old was pronounced Tuesday morning “following at least one gunshot wound” and despite the intervention of emergency medics, the Nanterre prosecutor’s office said earlier.

Persons: Paris CNN —, Gérald Darmanin, Darmanin, Geoffroy Van Der, Emmanuel Macron, ” Macron, ”, “, Olivier Véran, won’t, ” Véran, …, Naël’s, Fiachra GIBBONS, Mercedes Organizations: Paris CNN, CNN, Protesters, Getty, Interior Ministry, Prosecutors, Mercedes AMG, Interior, Twitter Locations: France, Paris, Nanterre, Geoffroy Van Der Hasselt, AFP

And while Biden’s growing list of Republican challengers differ on many issues, when it comes to the economy, they’re in agreement that Biden failed. In addition, a tight labor market has left many small businesses with ongoing hiring difficulties. Here’s what Biden can take credit for – and what he can’t. In other aspects, the labor market certainly had a boost from Biden’s fiscal policies. Since then, the American workforce has consistently outpaced the pre-pandemic workforce.

Persons: Joe Biden, “, ” Biden, Biden, Jerome Powell, ”, Ben Bernanke, Olivier Blanchard, It’s, it’s, let’s, That’s Organizations: DC CNN, Wednesday, Federal Reserve, –, Congress, American, Manufacturers, Treasury Department, P Global, Institute for Supply Management, Bureau of Labor Statistics, Republicans, Fed, International Monetary Fund, Brookings Institution, Biden, European Central Bank, Federal Reserve Bank of New Locations: Washington, Chicago, American, United States, Ukraine, Federal Reserve Bank of New York

☆ The James Webb Space Telescope found a molecular building block of life hiding in the Orion Nebula
▼ + stars: | 2023-06-27 | by ( Natalie Musumeci | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

The James Webb Space Telescope detected a key carbon molecule in space for the first time ever. The methyl cation, or CH3 + , molecule was found in a young star system in the Orion Nebula. Scientists have theorized that methyl cation could lay the foundations for organic chemistry, and possibly life, across the universe. "We can only now prove its existence thanks to the awesome capabilities of the James Webb telescope. Webb's sensitivity to light helps it detect new moleculesAn artist's impression of the James Webb Space Telescope.

Persons: James Webb, —, Eric Teske, — Webb, Els Peeters, Webb, Marie, Aline Martin, wouldn't, Olivier Berné Organizations: Orion, Service, Western University, James Webb Space Telescope, NASA, Hubble, University of Paris, ESA, CSA, French National Centre for Scientific Research Locations: Toulouse

☆ Webb telescope detects crucial molecule in space for the first time
▼ + stars: | 2023-06-26 | by ( Ashley Strickland | ) edition.cnn.com time to read: +3 min

CNN —Astronomers have detected a crucial carbon molecule in space for the first time using the James Webb Space Telescope. Methyl cation is considered a key component that helps form more complex carbon-based molecules. The space observatory detected methyl cation in a protoplanetary disk, called d203-506, swirling around a young red dwarf star. ESA/Webb/NASA/CSAWhile methyl cation doesn’t react efficiently with hydrogen, the most abundant molecule in the universe, it reacts well with a wide range of other molecules. But methyl cation wasn’t detected in space until now.

Persons: James Webb, Webb, ”, Marie, Aline Martin, Olivier Berné Organizations: CNN —, James Webb Space Telescope, Orion, NASA, ESA, Webb, Orion Nebula, University of Paris, Saclay’s, Molecular Sciences, Orsay, French National Centre for Scientific Research Locations: France, Toulouse

☆ How to repel mosquitoes, according to science
▼ + stars: | 2023-06-24 | by ( Kate Golembiewski | ) edition.cnn.com time to read: +8 min

Here’s the lowdown on how mosquitoes hunt us, what attracts them, and what scientists recommend for keeping them at bay. The science of mosquito bitesMost of the time, mosquitoes drink plant nectars and juices, and even help pollinate flowers. “How attractive you think you are to mosquitoes might not necessarily correlate with how attractive you actually are to the mosquitoes,” McMeniman said. The itchiness and discomfort from mosquito bites come later when the perpetrator is no longer at risk of getting swatted. No silver bullet exists to protect yourself from mosquito bites, but get a good bug spray and reapply it as needed.

Persons: “ We’re, ”, Conor McMeniman, ” McMeniman, Olivier Morin, “, We’re, there’s, Rick Bowmer, Kristen Healy, Healy, ” Healy, they’ve, McMeniman, tantalizing, Kate Golembiewski Organizations: CNN, Johns Hopkins Bloomberg School of Public Health, Johns Hopkins Malaria Research Institute, Getty, Louisiana State University, American Mosquito Control Association, Environmental Protection Agency Locations: Baltimore, It’s, AFP, coexisting, Chicago

☆ Aegon bets on Transamerica to boost cash flow and dividend in 2025
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +2 min

June 22 (Reuters) - Transamerica owner Aegon (AEGN.AS) on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in the U.S and stepping up its strategy to invest in higher-return assets. The Dutch-listed insurer said it sees free cash flow of about 800 million euros ($878.96 million) in 2025, up from the 600 million it expects for 2023. It also projects a dividend per share of around 0.40 euros in 2025, from around 0.30 euros expected for 2023. It also sees untapped potential in the insurance market in the U.S, where it is present through its subsidiary Transamerica. Transamerica, Aegon's largest business, will further invest in its insurance distribution network World Financial Group (WFG), and will aim to increase earnings from its retirement business.

Persons: WFG, Olivier Sorgho, Clarence Fernandez, Sharon Singleton Organizations: Aegon, ING, Financial, Aegon's, Thomson Locations: U.S, United States, Aegon's

☆ Gas explosion starts fire in central Paris
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +1 min

[1/6] French police secure the area as firefighters work after several buildings on fire following a gas explosion in the fifth arrondissement of Paris, France, June 21, 2023. REUTERS/Gonzalo FuentesPARIS, June 21 (Reuters) - A gas explosion started a blaze in buildings in the Latin Quarter of central Paris, officials and witnesses said. Journalist Olivier Galzi told BFM TV that he had seen the facade of a nearby building "completely collapse." Interior Minister Gerald Darmanin said the fire was locted on Rue Saint-Jacques in the 5th arrondissement close to the Jardin du Luxembourg and the Sorbonne University. Reporting by Michel Rose, Sudip Kar-Gupta, Tassilo Hummel, Juliette Jabkhiro, Elizabeth Pineau; Editing by Jean-Michel Belot and Tassilo HummelOur Standards: The Thomson Reuters Trust Principles.

Persons: Gonzalo Fuentes PARIS, Olivier Galzi, BFM, Gerald Darmanin, Jacques, Christopher Gaglione, Michel Rose, Sudip Kar, Tassilo Hummel, Juliette Jabkhiro, Elizabeth Pineau, Jean, Michel Belot Organizations: REUTERS, Police, Rue Saint, Jardin du, Sorbonne University, Thomson Locations: Paris, France, Rue, Jardin, Jardin du Luxembourg

☆ French send deep diving robot to help Titanic sub search
▼ + stars: | 2023-06-21 | by ( Louise Dalmasso | ) www.reuters.com time to read: +3 min

PARIS, June 21 (Reuters) - A French robot that can dive to 20,000 feet (6,000 metres) underwater is on its way to help find a tourist submersible that vanished as it descended to the Titanic wreck and it could help free the sub if it is trapped, its operator said on Wednesday. "Victor is not capable of lifting the submarine up on its own," said Olivier Lefort, the head of naval operations at Ifremer, the state-run French ocean research institute which operates the robot. But he told Reuters the robot could help hook the 10-tonne submersible called Titan to a ship with the capacity to lift it to the surface. Ifremer was part of the team that located the wreck of the Titanic in 1985 with American underwater archaeologist Robert Ballard. French explorer Paul-Henri Nargeolet, 77, who is reported to be among the five people inside the missing submersible, previously worked at Ifremer and piloted its flagship Nautile submarine that was used to examine the Titanic wreck.

Persons: Victor, Olivier Lefort, Ifremer, Robert Ballard ., Paul, Henri Nargeolet, Lefort, Michel Rose, Edmund Blair Organizations: Reuters, British, U.S . Navy, U.S . Coast Guard, Canadian, Thomson Locations: Ifremer, Robert Ballard . French, U.S

☆ Telecoms firm Veon to invest $600 mln in mobile unit Kyivstar
▼ + stars: | 2023-06-21 | by ( Marc Jones | ) www.reuters.com time to read: +2 min

LONDON, June 21 (Reuters) - Telecoms company Veon (VON.AS) said on Wednesday it would invest $600 million in the infrastructure of its Ukrainian subsidiary Kyivstar, the war-ravaged country's largest mobile network. The Amsterdam-listed company said the funds would help upgrade the mobile operator's infrastructure, including improving connectivity and 4G services throughout Ukraine. The country has seen much of its mobile infrastructure hit by Russian rocket attacks. Kyivstar's technical teams have performed nearly 150,000 repairs since Russia invaded last year, Veon said, adding it ensured that 93% of the network is operational. Kyivstar has lost around 7% of its active customer base - or roughly 1.7 million subscribers - since the war started last February.

Persons: Veon, Oleksandr Komarov, Kyivstar, Komarov, Aleksander Torbakhov, Olivier Sorgho, Clarence Fernandez, Sherry Jacob, Phillips, Sharon Singleton Organizations: Reuters, Thomson Locations: Amsterdam, Ukraine, Russian, Russia, London

☆ Paul-Henri Nargeolet: French diver on missing sub is Titanic expert
▼ + stars: | 2023-06-21 | by ( Layli Foroudi | ) www.reuters.com time to read: +3 min

Johann convinced Nargeolet to write his book 'In the depths of the Titanic' because he said his kids were super-fans. The underwater explorer needed convincing to write a book, Johann said, because he wanted to spend all of his time diving. CAREER IN FRENCH NAVYDirector of underwater research for RMS Titanic, which owns the rights to the ship's remains, Nargeolet started researching and exploring the Titanic wreck when he joined the French ocean research institute Ifremer in 1986, after a 22-year career in the French navy. They met after Marsh contacted the explorer to ask for the contact of a Frenchman who had survived the Titanic. The president of RMS Titanic, Jessica Sanders, said in a statement on Wednesday that Nargeolet's experience was unparalleled and "no-one has a better chance of navigating equipment failures than he does".

Persons: Paul, Henri Nargeolet, Mathieu Johann, Harper Collins, Johann, Nargeolet, Olivier Lefort, James Cameron, Nargeolet's, Anne, Michele Marsh, Marsh, Frenchman, Jessica Sanders, Bernard Cauvin, Janet Lawrence Organizations: Thomson Locations: PARIS, France, French, Connecticut, American, Cherbourg

☆ Victor Wembanyama: Excitement builds for NBA draft as projected top pick lands in the US
▼ + stars: | 2023-06-20 | by ( George Ramsay | Homero De La Fuente | ) edition.cnn.com time to read: +2 min

CNN —Not since LeBron James was drafted 20 years ago has there been this much excitement about an NBA prospect – as shown by the crowds eagerly awaiting Frenchman Victor Wembanyama’s arrival in the United States. 1 overall pick in this week’s NBA draft, landed at Newark International Airport outside New York City on Monday, where he was greeted by fans seeking selfies and autographs. Victor Wembanyama arrives for the #NBADraft Presented by State Farm 🇫🇷✈️🇺🇸📅 Thursday, June 22, 8pm/et on ABC/ESPN pic.twitter.com/rBXDttMoDJ — NBA (@NBA) June 19, 2023“I don’t know how they knew what flight I was on, but it’s fun,” Wembanyama said about the crowds greeting him at the airport. “My mind is really focused on these finals for the last couple of weeks and it’s now going to go so quickly,” he recently told reporters about the prospect of the NBA draft. “There’s a lot going on and I have a lot to plan with my family and my agents, the draft is in a week so there’s a lot going through my mind, so I just feel lucky to be able to live through all this.”

Persons: LeBron James, –, Frenchman Victor Wembanyama’s, selfies, Victor Wembanyama, abou, ike, ros, ” Organizations: CNN, NBA, Newark International, Barclays Center, State Locations: United States, New York City, Brooklyn

☆ Kylian Mbappé scores French record 54th goal of the season
▼ + stars: | 2023-06-20 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Kylian Mbappé scored his 54th goal of the season for club and country in France’s 1-0 win over Greece in Euro 2024 qualifying, setting a new French goalscoring record. The previous record was 53 goals in a single season set by the late striker Just Fontaine during the 1957-58 campaign. Mbappé scored the winning goal from the penalty spot 10 minutes into the second half after Antoine Griezmann was fouled by Konstantinos Mavropanos, maintaining France’s perfect qualifying record with four wins from four matches. “The only regret I have is to not be able to play safe because we had chances to score the second goal,” France head coach Didier Deschamps told uefa.com. France, yet to concede a goal in qualifying, continues its campaign against the Republic of Ireland at the Parc des Princes in September.

Persons: Kylian Mbappé, Just Fontaine, Germain, Erling Haaland’s, Mbappé, Antoine Griezmann, Konstantinos Mavropanos, Odysseas Vlachodimos, Mavropanos, Randal Kolo Muani, ”, Didier Deschamps, “, Olivier Giroud’s, Les, Harry Kane, England’s, Bukayo Saka, Marcus Rashford, Kalvin Phillips Organizations: CNN, Paris Saint, Manchester City, don’t, France, Les Bleus, Parc des Princes, Three Lions, Arsenal, Bukayo Locations: Greece, Paris, Norway, Cyprus, ” France, Germany, France, Republic of Ireland, Parc des, England, North Macedonia, Ukraine

☆ Drugmakers aim to strike down Medicare drug-price negotiations at Supreme Court
▼ + stars: | 2023-06-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +10 min

And Bristol Myers Squibb is trying protect its blood thinner Eliquis, which brought in $11.8 billion in sales last year, or about 25% of the company's $46 billion total revenue for 2022. Long legal battle aheadMerck, the chamber and Bristol Myers Squibb filed their lawsuits ahead of two key deadlines. Bristol Myers Squibb did not either. If circuit court decisions on the matter contradict one another, the Supreme Court would step in to decide the issue, Bagby said. Bristol Myers Squibb made an identical argument in its complaint.

Persons: Richard A, Gonzalez, Pascal Soriot, Giovanni Caforio, Jennifer Taubert, Johnson, Kenneth C, Frazier, Albert Bourla, Olivier Brandicourt, Win Mcnamee, Drugmaker Merck, Drugmaker, Bristol Myers Squibb, PhRMA, Eli Lilly, Merck, Bristol Myers, Robin Feldman, Nicholas Bagley, Bagley, Gretchen Whitmer, Chris Meekins, Raymond James, Antonin Scalia, Brett Kavanaugh, Neil Gorsuch, Meekins, Long, Xavier Becerra, Randolph Daniel Moss, Barack Obama, Judge Thomas M, Rose, George W, Bush, Kelly Bagby, Bagby, Amgen, Donald Trump, Karine Jean, Pierre, Biden, Jean, we'll, Becerra, Feldman Organizations: Senate, AbbVie Inc, AstraZeneca, Myers Squibb Co, Janssen Pharmaceuticals, Johnson, Merck & Co, Inc, Pfizer, Sanofi, Getty, U.S . Chamber of Commerce, Bristol Myers Squibb, Washington , D.C, Southern, Southern District of, Democratic Party, U.S, Merck, Bristol, Pharmaceutical Research, Manufacturers of America, CNBC, Medicare, University of California College of, Justice Department, Michigan Gov, Bristol Myers, Human Services, Centers, Services, AARP Foundation, HHS, AARP, Specialty Pharmacy, Reuters, Supreme, Appeals, Democratic, U.S . Sixth, Republican, Third, White Locations: America, Washington , DC, Bristol, U.S, Washington ,, Southern District, Southern District of Ohio, New Jersey, Commerce's Dayton , Ohio, San Francisco

☆ Belgian foreign minister in turmoil over Iran, Russian delegates invitations
▼ + stars: | 2023-06-19 | by ( Marine Strauss | ) www.reuters.com time to read: +2 min

BRUSSELS, June 19 (Reuters) - Belgian foreign affairs minister Hadja Lahbib is facing calls for resignation after granting visas to delegations from Iranian and Russian cities to attend a mayors convention in Brussels last week. State secretary for external relations & foreign trade of the Brussels government Pascal Smet resigned on Sunday over the all-expenses paid trip. I am now asking the organizers, Metropolis, to bear these costs," Smet told a press conference on Sunday. Why only three weeks after the release of Olivier Vandecasteele, she accepts that terrorists come to Brussels? And why must the name of Belgium always be sullied by foreign relations which it cannot manage to control?"

Persons: Hadja Lahbib, Lahbib, Olivier Vandecasteele, Pascal Smet, Smet, Darya Safai, Safai, Marine Strauss, Benoit Van Overstraeten Organizations: Belgian, Brussels Urban, European Commission, Sunday, Thomson Locations: BRUSSELS, Belgian, Brussels, Vandecasteele, Iran, Iranian, Belgium, Bogota, Kyiv, Tehran, Kazan

☆ A Word That Became a Point of Pride
▼ + stars: | 2023-06-18 | by ( Sarah Diamond | ) www.nytimes.com time to read: +1 min

In Word Through The Times, we trace how one word or phrase has changed throughout the history of the newspaper. The word “pride” originally had a negative connotation, in which a person exhibiting pride had an “unduly high opinion of oneself,” according to the Webster’s New World College Dictionary. One can feel pride in a personal accomplishment, another person or a city or country. For example, in 1863, a Times article called Central Park “the pride of New-York.”During the civil rights and gay rights movements of the 1960s and ’70s, “pride” experienced a significant transformation. Of course, the event is now known as the uprising at the Stonewall Inn, a moment that brought on the modern gay rights movement.

Persons: Bosley Crowther, “ Laurence Olivier, Darcy, that’s, ”, Merriam Organizations: Times, New York, Webster, Stonewall Locations: York, West

☆ Review: In London, a ‘Romeo and Juliet’ That Feels Startlingly New
▼ + stars: | 2023-06-16 | by ( Matt Wolf | ) www.nytimes.com time to read: +1 min

“Is love a tender thing?” Romeo asks early in the Shakespeare tragedy to which he and Juliet give their names. Not so much, according to the raw and riveting new production of “Romeo and Juliet” that opened Wednesday at the Almeida Theater here. It’s no surprise that the courtship between the noble Romeo — here played by the sweet-faced Toheeb Jimoh, from TV’s “Ted Lasso” — and the teenage Juliet will end in calamity. Her “Romeo and Juliet,” performed without an intermission, begins with the cast clawing feverishly at a stage wall, onto which are projected crucial lines from the prologue. But as if in haste to get straight to the meat of the play, the wall soon collapses to reveal the citizenry of Verona mid-combat.

Persons: Romeo, Juliet, Juliet ”, It’s, Romeo —, Toheeb Jimoh, Ted Lasso ” —, Rebecca Frecknall, Olivier, —, “, ” Frecknall, Tennessee Williams, ” Organizations: Almeida Locations: British, New York, Verona

☆ Safran nears $1.8 billion deal to acquire Raytheon's flight controls unit
▼ + stars: | 2023-06-14 | by ( David Carnevali | ) www.reuters.com time to read: +2 min

June 14 (Reuters) - French aerospace engine maker Safran SA (SAF.PA) is nearing an approximately $1.8 billion deal to acquire a Raytheon Technologies Corp (RTX.N) unit that makes flight controls for aircraft, helicopters and missiles, according to a person familiar with the matter. Safran may reach a deal to acquire Raytheon's actuation business that makes flight controls as early as this week, the source said, asking not to be identified because the matter is confidential. Spokespeople for Safran and Raytheon did not immediately respond to requests for comment. Safran said on June 5 it was participating in a "competitive process" for Raytheon's flight controls business, without commenting on the chances of an agreement or the terms of a deal. The Raytheon business will strengthen Safran's ties with Airbus SE (AIR.PA), since it sells into many of its commercial aircraft and has some operations in France.

Persons: Safran, Parker, Spokespeople, Olivier Andries, Rockwell Collins, Greg Hayes, David Carnevali, Louise Heavens Organizations: Safran SA, Raytheon Technologies Corp, Raytheon, United Technologies, Moog Inc, Eaton Corp, Woodward Inc, Hannifin, Bloomberg News, Safran's, French, Zodiac Aerospace, Airbus, U.S ., Rockwell, Collins Aerospace, Thomson Locations: France, New York

☆ Here's the inflation breakdown for May 2023, in one chart
▼ + stars: | 2023-06-13 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

The CPI is a key barometer of inflation, measuring prices of anything from fruits and vegetables to haircuts and concert tickets. Where consumers saw inflation, deflation in MayConsumers saw gasoline prices decline 5.6% between April and May, according to the CPI report. "Energy prices at this time last year were just absurd," Leer said. watch nowBut food and energy prices can be volatile. "The progress on core inflation has stalled out in recent months," said Greg McBride, chief financial analyst at Bankrate.

Persons: Michael M, Leer, Greg McBride, They're, Ben Bernanke, Olivier Blanchard Organizations: Lincoln Market, Santiago, Getty, U.S . Bureau of Labor Statistics, Consumers, CPI, Bureau of Labor Statistics, BLS, U.S . Federal Reserve, Peterson Institute for International Economics, Bankrate Locations: Prospect, Brooklyn, New York City, U.S, Ukraine

☆ 'Kimberly Akimbo,' Tom Stoppard’s 'Leopoldstadt' among winners on writerless Tony night
▼ + stars: | 2023-06-12 | by ( Kathryn Lurie | ) www.reuters.com time to read: +3 min

[1/5] The cast of “Kimberly Akimbo” perform at the 76th Annual Tony Awards in New York City, U.S., June 11, 2023. REUTERS/Brendan McdermidJune 11 - “Kimberly Akimbo,” about a teenager who ages in reverse, and Tom Stoppard’s autobiographical “Leopoldstadt” were among the winners Sunday as the Tony Awards went on despite the Writers Guild of America strike. The three-hour telecast on CBS was hosted by Tony- and Academy Award-winner Ariana DeBose. Patrick Marber, who won best director of a play for “Leopoldstadt,” was among several winners who used their acceptance speeches to express support for the strike. The pre-show included the award for best regional theater, which went to the Pasadena Playhouse, and the Isabelle Stevenson Award, which went to director and choreographer Jerry Mitchell.

Persons: “ Kimberly Akimbo ”, Tony, Brendan Mcdermid, “ Kimberly Akimbo, Tom, Tony Awards, Ariana DeBose, Joel Grey, John Kander, Patrick Marber, “, ”, Marber, I’m, ” “ Kimberly Akimbo ”, Victoria Clark, ” Clark, Sean Hayes, Oscar Levant, Oscar, ” J, Harrison, Alex Newell, Newell, Lulu, Jodie Comer, Tessa, “ Prima, ” Michael Arden, Julianne Hough, Skyler Astin, Tonys, Isabelle Stevenson, Jerry Mitchell, Kathryn Lurie, Donna Bryson, Gerry Doyle Organizations: REUTERS, Writers Guild of America, CBS, Pasadena Playhouse, Thomson Locations: New York City, U.S, Washington Heights, Manhattan, York , New York, Piazza, London, “, “ Shucked

☆ Stock market news: The Fed meets next week. What can investors expect?
▼ + stars: | 2023-06-11 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The S&P 500 Index last week entered a bull market, meaning that it notched a 20% rally from its low in October. Moreover, investors appeared calmer than they have in years, after the United States suspended the debt ceiling in time to avoid a default, allowing investors to breathe a sigh of relief. The May Consumer Price Index and Producer Price Index reports, two key inflation prints, are also due the days that the Fed meets. But the United States could still suffer a downgrade to its credit rating, even though it avoided losing its ability to make payments on time. Tuesday: Consumer Price Index report for May and NFIB small business optimism index.

Persons: CNN — Stocks, Price, ”, JJ Kinahan, there’s, Karim El Nokali, Jerome Powell, ” El Nokali, —, Joe Biden, Benjamin Jeffery, Patrick Klein, ” Josh Lipsky, it’s, Olivier d’Assier, “ It’s, George Mateyo Organizations: CNN Business, Bell, CNN, Nasdaq, United, Fed, IG North America, Fitch, AAA, BMO Capital Markets, Franklin, GeoEconomics, International Monetary Fund, Treasury Department, US Treasury, Key Private Bank, Federal Reserve Bank of New York Survey, Consumer, Federal Reserve, Federal, University of Michigan Locations: United States, US

☆ Ancient stones removed in France to build new hardware store
▼ + stars: | 2023-06-10 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +2 min

CNN —An ancient stone site in western France has been removed to make way for a new hardware store, sparking criticism of the local mayor. The mayor of Carnac, Olivier Lepick, insisted he adhered to the law in granting planning permission for the new Mr Bricolage hardware store. “Whether it’s little or not, [the site] has an archaeological value,” Obeltz told CNN affiliate BFMTV. “There were not archaeological remains of sufficient value to reject planning permission,” the mayor said. On Thursday, French far right politician, Marine Le Pen retweeted a link to an article by local French newspaper, Ouest France, calling the removal “deplorable” and remarking that the French state “protects neither our citizens or our heritage.”

Persons: Olivier Lepick, Christian Obeltz, “, ” Obeltz, Lepick, ” Lepick, “ It’s, Mona Lisa, ” Organizations: CNN, Carnac, UNESCO, French Ministry of Culture, BFMTV, Ouest France Locations: France, France’s Brittany, Carnac

☆ Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +1 min

June 9 (Reuters) - French software provider Dassault Systemes (DAST.PA) on Friday forecast a doubling of its earnings per share (EPS) by 2028, and announced a new CEO. Dassault said it plans to reach non-IFRS EPS between 2.20 euros and 2.40 euros by 2028, roughly double the 1.13 euros it posted for the full year of 2022. Proponents say subscription models give companies a more predictable revenue stream, which helps planning and managing costs. "Dassault Systèmes will increase its addressable markets from €100 billion today to €1 trillion by 2040," the company said in a statement. Reporting by Olivier Sorgho and Augustin Turpin; Editing by Tom Hogue and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal Daloz, Bernard Charlès, Olivier Sorgho, Augustin Turpin, Tom Hogue, Gerry Doyle Organizations: Dassault, Thomson

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