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MEXICO CITY, June 12 (Reuters) - U.S. asylum appointments at a dangerous Texas-Mexico border crossing can no longer be scheduled via an online app following reports that migrants face extortion in Mexico. A website for the app, called CBP One, no longer lists Laredo as a city where asylum seekers can schedule appointments. Nuevo Laredo has long been notorious for widespread kidnapping and extortion of migrants. An advocate in Nuevo Laredo, who requested anonymity due to safety fears, said criminals have demanded as much as $500 per person. Reporting by Daina Beth Solomon in Mexico City and Ted Hesson in Washington; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Daina Beth Solomon, Ted Hesson, Richard Chang Organizations: MEXICO CITY, Reuters, Nuevo, U.S . Customs, Border Protection, U.S, Associated Press, Strauss, University of Texas, Thomson Locations: MEXICO, Texas, Mexico, Mexican, Nuevo Laredo, Laredo, U.S, Austin, Mexico City, Washington

☆ BTS 10th anniversary: K-pop sensation’s decade-long style evolution
▼ + stars: | 2023-06-12 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

CNN —This week marks 10 years since K-pop sensation BTS burst onto the South Korean music scene in a flurry of chunky chains, baseball caps and spiky hair. BTS pictured at a photo call for the Incheon Korean Music Wave festival in 2013, just months after the band debuted. Han Myung-Gu/WireImage/Getty Images BTS sport colorful streetwear to perform on "Jimmy Kimmel Live" in November 2017. RB/Bauer-Griffin/GC Images/Getty Images BTS appears at the American Music Awards in 2017, when they became the first Korean group to perform at the annual ceremony. Amy Sussman/Getty Images Photos: BTS' decade-long style evolution Prev NextNowhere is this more evident than on the red carpet.

Persons: Louis Vuitton, Jungkook, Valentino, Dior, Calvin Klein, Han Myung, Jimmy Kimmel, Griffin, Jordan Strauss, David Becker, Amy Sussman, Lee Ha, jeong, Saint Laurent’s Anthony Vaccarello, Kim Jones, Jin, Suga Organizations: CNN, Hit Entertainment, Incheon Korean Music, Bauer, BTS, Entertainment, MTV Locations: Korean, Seoul, South Korea, Jimin

☆ The recycling idea at Levi's, Adidas, Zara to stop trillions in fast fashion from going to waste
▼ + stars: | 2023-06-11 | by ( Carolyn Chun | ) www.cnbc.com time to read: +8 min

The multi-trillion dollar fashion industry contributes significant greenhouse gas emissions, between 8% to 10% of total global emissions, according to the United Nations. With the majority of textiles in the fashion industry blended, it is harder to recycle one fiber without harming another. Spinnova partnered with the world's largest pulp and paper company this year, Suzano, to turn wood and waste into recycled textile fiber. Textile waste, by some measures, is a bigger issue than plastics waste, and it has a similar problem. Late last year it worked on a limited collection with fast fashion clothing giant — and consumer consumption flashpoint — Zara, using its recycled textile waste material.

Persons: LEVI, Alexander Donka, Paul Dillinger, Levi Strauss, Spinnova, Chloe Songer, Songer, Victor J, Levi's Levi Strauss, Dillinger, You've, we're, —, Stacy Flynn, Flynn, Levi's, Stella McCartney, — Zara Organizations: McKinsey, United Nations, McKinsey Sustainability, Co, Shoppers, Blue, Bloomberg, Getty, Adidas, CNBC Locations: Sweden, Africa, Zara, New York

☆ The Relief: Finding an Apartment. The Remorse: Living In It.
▼ + stars: | 2023-06-05 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

She had a deep and important relationship that lasted four years — with her studio apartment in Cobble Hill, Brooklyn. It was an open layout with two huge closets and a separate, small kitchen,” said Ms. Strassberg, 31, who is a branded content editor at the Hearst Corporation. In April 2021, she met William Muschinske, a 30-year-old graphic designer from Oklahoma, on the dating app Bumble. Their relationship grew quickly. Most of his time was spent working and living at Ms. Strassberg’s.

Persons: Rebecca Strassberg, “, ”, Strassberg, I’d, Ms, William Muschinske, Muschinske, Fran Organizations: Hearst Corporation Locations: Cobble Hill, Brooklyn, Midwood , Brooklyn, Oklahoma, Bazaarvoice, Gowanus , Brooklyn

☆ Two tech watchers say the AI-fueled rally may still have room to run
▼ + stars: | 2023-06-05 | 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 EmailTwo tech watchers say the AI-fueled rally may still have room to runNancy Tengler, CEO and CIO of Laffer Tengler Investments, and Rocco Strauss, Partner at Arete Research, discuss tech's year-to-date rally.

Persons: Nancy Tengler, Rocco Strauss Organizations: Laffer, Investments, Arete Research

☆ How a Neurodiverse Musical Theater Artist Spends Sundays
▼ + stars: | 2023-06-04 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

This month, Sarah Kaufman will play the witch in the musical “Into the Woods” at the A.R.T./New York Mezzanine Theater in Midtown Manhattan. EPIC Players, a nonprofit theater company based in Brooklyn that features neurodiverse actors, is producing the musical, which is running June 8-18. Three years ago, the theater artist and writer was diagnosed with autism. “Before getting diagnosed and getting the correct help, I was unaware of the ways my environment was affecting me,” Mx. Kaufman, who, along with Shane Dittmar, the musical director for “Into the Woods,” started a nonbinary writing team called They & Them, as well as a Dungeons & Dragons-inspired fantasy musical podcast, “The Reality Shaper.”

Persons: Sarah Kaufman, Kaufman, “, Shane Dittmar, ” Organizations: EPIC, Mx, “ Locations: New York, Midtown Manhattan, Brooklyn

☆ After a Surprise Debut, the Conductor Thomas Guggeis Is Rising Fast
▼ + stars: | 2023-05-27 | by ( Joshua Barone | ) www.nytimes.com time to read: +1 min

Now, Guggeis might read about a discovery related to something he remembers studying in school. In between classes one day, he sat in on a rehearsal of Strauss’s “Die Frau Ohne Schatten” led by Petrenko. He recalled watching the young conductor lead a rehearsal and immediately thinking he was gifted. “And he was obviously a very natural conductor. He moved his arms in a natural way, and was naturally in command.

☆ Kohl's shares jump as retailer reports a surprise profit
▼ + stars: | 2023-05-24 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

Kohl's shares spiked Wednesday as the struggling retailer posted a surprise profit and affirmed its full-year guidance while it chases a turnaround. Kohl's surprise quarterly profit comes after multiple quarters of disappointing sales and a sinking stock price. Since then, Kohl's has tapped its new CEO Kingsbury, former chief executive of off-price retailer Burlington Stores . That contributed to a big loss in Kohl's holiday quarter and weak outlook, which the Wisconsin-based company reiterated Wednesday. During the quarter, Kohl's had its strongest sales performance in February.

☆ Take-Two Interactive CEO Strauss Zelnick on Q4 earnings, Grand Theft Auto 6, the future of A.I.
▼ + stars: | 2023-05-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTake-Two Interactive CEO Strauss Zelnick on Q4 earnings, Grand Theft Auto 6, the future of A.I. Strauss Zelnick, Take-Two Interactive CEO, joins 'Squawk Box to discuss the company's Q4 earnings results, company outlook and new game releases, the future of A.I. in gaming, and more.

Take-Two Interactive Software Inc (TTWO.O) on Wednesday rounded off a strong March quarter for the sector that saw its three major players post net bookings growth of between 11% and 66%. The company said "NBA 2K23", "Grand Theft Auto V" and "Grand Theft Auto Online" were some of the top contributors to its net bookings growth in the reported quarter. The company forecast net bookings of more than $8 billion for next year, which was above analysts' estimates. "It (the GTA VI release) would be a watershed moment for the category of open-world games," said MoffettNathanson analyst Clay Griffin. "Tens and tens of millions of units would be sold immediately, and a new or completely refreshed GTA: Online would redefine what a modern 'metaverse' really looks like."

☆ E. Jean Carroll says 'hundreds' of people asked her how to sue their abusers since her win against Donald Trump
▼ + stars: | 2023-05-18 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

E. Jean Carroll told Insider she's gotten hundreds of emails from people asking for advice to sue abusers. She was able to sue Donald Trump — and win — because of New York's Adult Survivor's Act. Carroll, a former Elle magazine journalist and writer of the "Ask E. Jean" advice column, won her sexual abuse and defamation lawsuit against Donald Trump earlier this month. Carroll was able to bring the sexual abuse claims against Trump because of New York's Adult Survivor's Act. Carroll praised Kaplan as a "brilliant" person who didn't fear Trump and "thinks three and four moves ahead."

☆ Take-Two stocks soars 13% after earnings come in mixed but guidance hints Grand Theft Auto 6 will be released in 2024
▼ + stars: | 2023-05-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Take-Two Interactive soared 13% on Thursday after the company offered strong guidance that suggests a 2024 release for Grand Theft Auto 6. While the company expects its fiscal 2024 net booking to be as much as $5.55 billion, it expects its fiscal 2025 net bookings to surge to more than $8 billion. Take-Two's fiscal 2024 year is in calendar-year 2023, while its fiscal 2025 year is in calendar-year 2024. Take-Two's Grand Theft Auto series has been wildly successful, with the 2013 release of Grand Theft Auto 5 driving lifetime unit sales of 180 million. Investors got a taste of what Grand Theft Auto 6 could look like after a massive data leak in September 2022 led to gameplay videos being posted online.

☆ Take-Two gains on gaming demand rebound, title delivery forecast
▼ + stars: | 2023-05-17 | by ( Tiyashi Datta | ) www.reuters.com time to read: +2 min

The company also said it expects to deliver 36 video game titles through 2025 and 2026, and forecast $8 billion in 2025 net bookings and over $1 billion in operating cash flow. Take-Two, however, did not make any announcements about its highly anticipated title "Grand Theft Auto VI". Its fourth-quarter adjusted sales grew 65% to $1.39 billion, compared with Wall Street's estimate of $1.34 billion, according to Refinitiv data. During an earnings call with analysts, Chief Executive Strauss Zelnick said Take-Two was assuming a continuation of the current challenging consumer backdrop within its forecast. Its annual adjusted revenue forecast between $5.45 billion and $5.55 billion came below Street's estimate of $6.07 billion.

☆ Fair access to proper housing can boost economic growth - report
▼ + stars: | 2023-05-15 | by ( Marine Strauss | ) www.reuters.com time to read: +1 min

BRUSSELS, May 15 (Reuters) - Providing equitable access to appropriate housing in slums and other informal settlements could massively increase economic growth and boost life expectancy, a report to be published on Tuesday by home-building charity Habitat for Humanity shows. Proper housing could increase economic growth by up to 10.5%, while life expectancy could go up by 2.4 years on average, the report said. Adequate housing could help up to 41.6 million children who are currently missing education to enroll in school, the report stated. According to the United Nations, more than 1 billion people live in slums or informal settlements, where they have limited access to basic services such as clean water, sanitation, and electricity. Of those, 80% are in East and South-East Asia (370 million people), sub-Saharan Africa (238 million) and Central and South Asia (227 million).

☆ How the Head of a Filmmaking Center Spends His Sundays
▼ + stars: | 2023-05-14 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

Making the documentaries “was like waving a magic wand,” he said. “We began winning the fights and realized the power we had.”They also realized they had power as a couple. Mr. Alpert and Ms. Tsuno married in 1971 and the following year founded the Downtown Community Television Center, a community hub that produces award-winning documentaries and offers screenings and classes. Some 10,000 high school students have taken free documentary filmmaking classes there, said Mr. Alpert, a renowned director and producer himself. Ms. Tsuno, 78, visits them every week from her home in northern New Jersey, or sometimes they will visit her.

☆ Here's what Jim Cramer expects from key consumer earnings next week
▼ + stars: | 2023-05-12 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Investors should "steel" themselves for a potentially challenging week ahead, with a number of earnings reports that could serve as indicators for the broader economy, CNBC's Jim Cramer said Friday. Key numbers on retail sales come out Tuesday alongside earnings from Home Depot while Target reports earnings the following day. Those reports will be helpful in parsing the state of the economy, Cramer said, especially the retail data on Tuesday that might show "some real cracks in consumer spending." Cramer thinks Walmart's subscription service, Walmart+, has been "gaining momentum." The debt crisis is looming and until lawmakers find a solution, Cramer warned that investors should move with caution.

☆ This Designer Wants You to Look ‘Powerful’ on Your Wedding Day
▼ + stars: | 2023-05-11 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

When you’re attached to someone so closely there’s no way you can’t lose a piece of yourself. We were together for 10 years and married for four. People are doing shotgun weddings or going to Vegas. Weddings don’t have to be this big production. I love wearing a suit to weddings.

☆ Five ways the rich save big on estate taxes, from putting houses in trusts to buying offshore life insurance
▼ + stars: | 2023-05-08 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Thanks to tax cuts made during the Trump administration, Americans can give or hand down nearly $13 million in assets without paying federal estate tax. Currently, individuals and married couples can gift or bequeath $12.92 million and $25.84 million, respectively, before a 40% federal estate tax kicks in. Private-placement life insurance, or PPLI, can be used to pass on assets from stocks to yachts to heirs without incurring any estate tax. The assets in the trust are treated as premiums, and if structured correctly, the benefit and assets in the policy are bequeathed free of estate tax. These trusts pay a fixed annuity during the trust term, which is usually two years, and any appreciation of the assets' value is not subject to estate tax.

☆ The Coronation of King Charles: Order of Service
▼ + stars: | 2023-05-06 | by ( ) edition.cnn.com time to read: +46 min

The Archbishop saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? Christopher Finney GC saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? We praise thee, we bless thee,we worship thee, we glorify thee,we give thanks to thee for thy great glory,O Lord God, heavenly King, God the Father Almighty. O clap your hands together, all ye people;O sing unto God with the voice of melody. The King touches the Ring and the Archbishop saysReceive this Ring, symbol of kingly dignity and a sign of the covenant sworn this day, between God and King, King and people.

☆ Budweiser maker's profit jumps as customers absorb higher prices
▼ + stars: | 2023-05-04 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +3 min

[1/3] Bottles of non-alcoholic beer and dishwasher soap are pictured at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. The maker of Budweiser, Stella Artois and Corona repeated its 2023 forecast that core profit (EBITDA) would grow in line with its medium term outlook of between 4% and 8%, with revenue to grow ahead of EBITDA. He said AB InBev would invest more in Bud Light over the summer. First-quarter results of AB InBev's rivals Heineken and Carlsberg also showed consumer willingness to absorb higher prices. AB InBev's core profit rose by 13.6% on a like-for-like basis to $4.76 billion, compared with the 5.6% average increase expected in a company-compiled poll.

☆ AB InBev profit jumps as consumers absorb higher beer prices
▼ + stars: | 2023-05-04 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +2 min

[1/3] Bottles of non-alcoholic beer and dishwasher soap are pictured at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. REUTERS/Francois LenoirSummarySummary Companies Q1 core profit up 13.6% vs consensus 5.6%Beer volumes up 0.4%, buoyed by ChinaRetains 2023 forecast of 4-8% core profit riseBRUSSELS, May 4 (Reuters) - Anheuser-Busch InBev (ABI.BR), the world's largest brewer, reported higher than expected first-quarter earnings on Thursday as consumers bought its beers at sharply higher prices. Revenue, however, rose sharply, as the company pushed through price increases and some consumers switched to more expensive beers or package formats. First-quarter results of AB InBev's rivals Heineken and Carlsberg also showed consumer willingness to absorb higher prices. AB InBev's core profit rose by 13.6% on a like-for-like basis to $4.76 billion, compared with the 5.6% average increase expected in a company-compiled poll.

☆ ArcelorMittal beats profit expectations on higher steel demand
▼ + stars: | 2023-05-04 | by ( Marine Strauss | ) www.reuters.com time to read: +1 min

BRUSSELS, May 4 (Reuters) - ArcelorMittal, the world’s second largest steelmaker, said it had a "good growth" in the beginning of the year as it reported higher than expected first-quarter earnings. ArcelorMittal said on Thursday global steel demand, excluding China, should grow in 2023 between 2% and 3%, and maintained its expectation that its own shipments will increase by around 5% this year. The Luxembourg-based company said on Thursday first-quarter core profit (EBITDA), the figure most watched by the market, was $1.82 billion, much lower then the year-ago figure of $5.08 billion but higher than the average forecast in a company poll of $1.64 billion. ArcelorMittal said it had benefited from a gradual recovery in steel demand, resulting in apparent steel consumption growth and rebound in steel spreads as well as better mining performance. Reporting by Marine Strauss @StraussMarine; editing by Philip BlenkinsopOur Standards: The Thomson Reuters Trust Principles.

☆ NATO says Moscow may sabotage undersea cables as part of war on Ukraine
▼ + stars: | 2023-05-03 | by ( Sabine Siebold | ) www.reuters.com time to read: +3 min

BRUSSELS, May 3 (Reuters) - Russia may sabotage undersea cables to punish Western nations for supporting Ukraine, NATO's intelligence chief warned on Wednesday, as the alliance boosts efforts to protect undersea infrastructure following the Nord Stream attacks. "There are heightened concerns that Russia may target undersea cables and other critical infrastructure in an effort to disrupt Western life, to gain leverage against those nations that are providing security to Ukraine," David Cattler told reporters. As concerns grow over the security of undersea cables, Western countries are setting out to turn the North Sea into a green power engine, planning a spate of new wind parks that will be linked to the mainland by cables. Other undersea cables transport some 95% of internet traffic around the world at speeds of about 200 terabytes per second, with 200 of these 400 cables deemed critical, according to NATO. NATO significantly increased the number of ships patrolling the North and Baltic seas after the Nord Stream blasts, and established a Critical Undersea Infrastructure Protection Cell to improve cooperation with industry, capitals and experts.

☆ We're seeing a bifurcation between low-end and high-end consumers: Levi Strauss CEO
▼ + stars: | 2023-05-02 | 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 EmailWe're seeing a bifurcation between low-end and high-end consumers: Levi Strauss CEOChip Bergh, Levi Strauss CEO, joins 'Squawk on the Street' to discuss Bergh's outlook for consumer demand, why the company's stock have faced recent pressures and why the company maintained its guidance.

SummarySummary Law Firms Naomi Moore joins from Akin Gump to head DLA Piper's APAC restructuring practiceMoore will split her time between the firm's Hong Kong and Sydney officesMay 2 (Reuters) - Law firm DLA Piper has hired a partner from U.S.-founded rival Akin Gump Strauss Hauer & Feld in Hong Kong to serve as its new restructuring practice leader for the Asia Pacific region, the firm said Tuesday. Naomi Moore, who has been on sabbatical since she left Akin Gump in January, will divide her time between DLA Piper’s Sydney and Hong Kong offices, the firm said in a statement. In Hong Kong, Moore joins Trinh Hoang, DLA Piper’s only other restructuring-focused partner in the office, who joined the firm from Linklaters in October last year. Linklaters added a restructuring head in Hong Kong from Allen & Overy in October. An Akin Gump spokesperson wished Moore well on her new role.

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