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Oil prices edge higher, on track for 3% weekly gain
  + stars: | 2024-10-24 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices edged higher on Thursday, recouping some of the more than 1% losses from the previous session after U.S. crude inventories rose much more than estimated. Brent was on track for a 3.2% gain in the week, while WTI was set to rise 2.9%. Last week oil fell more than 7% on worries about Chinese demand and easing concerns about potential disruptions of Middle East oil supplies. Smaller-than-expected rate cuts will temper the reduction in borrowing costs, which in turn could affect economic activity and oil demand. Meanwhile, Israeli strikes pounded Beirut's southern suburbs on Wednesday and Hezbollah said it fired precision guided missiles for the first time at Israeli targets, keeping markets nervous about supply.
Persons: recouping, Brent, WTI Organizations: Brightoil Petroleum, Holdings, Brent, U.S, West Texas, U.S . Energy, Administration, Reserve Locations: Waidiao, Zhoushan, Zhejiang Province, China, Israel, East, U.S, Washington, Iran
Chinese smartphone company Oppo ranks second in mainland China, and fourth worldwide, according to Canalys. Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese smartphone company Oppo is doubling down on artificial intelligence as it holds weekly talks about AI with senior management at Google and Microsoft in the run-up to the launch of its flagship phone overseas. The rise of generative AI — tech that can produce human-like responses when prompted — has companies from Apple to Honeywell rushing to tap its capabilities. AI smartphones set for growthOppo in June announced it plans to integrate generative AI in 50 million of its devices this year. Apple next week is due to publicly release its first software update with AI tools.
Persons: , Billy Zhang, Zhang, Xiaomi, Oppo Organizations: Nurphoto, Getty, Google, Microsoft, Apple, Honeywell, CNBC, Samsung, Tech Locations: China, BEIJING, Shenzhen, Europe, Southeast Asia, U.S
President Donald Trump did nothing but show respect to my family & Vanessa. In fact, I voted for President Trump today,” she posted. He said Trump showed the family respect by "standing against the military complex" and supporting the Guillén family. "They didn't want to get to the bottom of the investigation, and President Trump brought awareness to that, and he didn't have to do that," Muniz said. She represents the very best of the Mexican American and Latino community.”
Persons: Donald Trump, Vanessa Guillén, Trump, Mark Meadows, Alex Pfeiffer, Mayra Guillén, , Natalie Khawam, Khawam, Pfeiffer, Guillén, Fort, Vanessa Guillen, Joe Biden, Joaquin Castro, “ Trump, ” Trump, Gonzalo Curiel’s, Curiel, Hurricane Maria, Kamala Harris, Artemio Muniz, Mayra, Muniz, Jason Villalba, he’s, , ’ ”, Villalba, Trumper, ” Villalba, Domingo Garcia, Harris, Garcia, LULAC, Felix Longoria, Hector P, Rep, Sylvia Garcia, Vanessa, ” Garcia Organizations: Trump, Atlantic, White, NBC News, Army, Kabul Gold Star, League of United Latin American, LULAC, The, U.S, District, Trump University, Hurricane, NBC, Federation of Hispanic Republicans, Texas GOP, Texas Hispanic Public Policy Foundation, Republican, American GI, Mexican Locations: Afghanistan, Fort Hood, Cavazos, Texas, U.S, Mexico, Puerto Rico, Mexican American, American, Three Rivers , Texas, South Texas, Mexican
The Twrl founders say they hope the initiative they took moves those conversations forward and educates some people along the way. Later, Taiwan would claim to be the birthplace of the boba drink concept, a sweet concoction of an aromatic tea, milk and boba balls. The first U.S. boba drink shops opened in the 1990s but there’s conflicting reports on whether the San Francisco Bay Area or Southern California was the starting point, Phun said. But it didn’t come from a place of, ‘I really love boba tea,’” she said. Meanwhile, the “Dragons’ Den” episode led to some significant fallout.
Persons: Olivia Chen, Pauline Ang, Simu Liu, Liu, Chi, Twrl, , , Chen, ” Liu, Juily, South America . Colonization, boba, Phun, ” Phun, “ It’s, ” Megan Ruan, they’re, ” Chen, , ” Ruan, it’s, Ang, Manjit Minhas Organizations: ABC, San, Bobba, American, Cal State, South America ., San Francisco Bay Area, Gold House Ventures, Foods Locations: San Francisco Bay, , Quebec, Taiwan, South America, Pacific Islands, Asia, U.S, Southern California, American, Japan, China
“It’s incredible,” Payton II told NBC News. One might be Payton II, the son of longtime Seattle SuperSonics star Gary Payton, a member of the NBA’s 75th Anniversary Team. Golden State faced Los Angeles twice in the preseason, and Payton II made sure to go over to the younger James pregame to offer a few words of advice. Rarely do players with those statistics get drafted by an NBA team, but the Lakers took Bronny in the second round with the 55th overall pick. That idea of feeling undeserving is something Payton II experienced growing up.
Persons: Gary Payton II, Bronny James, , — LeBron James, ” Payton, , Payton II, Gary Payton, James, LeBron James wasn’t, Payton, Larry Nance Jr, Nance Jr, , don’t, Jett Howard, Juwan Howard, ” Howard, It’s, Martin, Star Kenyon Martin, Bronny, ” Martin, I’m, LeBron, Hey, ’ ” Nance Jr, Anthony Davis, JJ Redick, won’t Organizations: ANGELES, Golden State Warriors, Los Angeles Lakers, NBC News, Seattle SuperSonics, Golden State, Los Angeles, Sierra Canyon High School, USC, Trojans, NBA, Lakers, Atlanta Hawks, ” Orlando Magic, ” 76ers, K.J, G League, Warriors Locations: Las Vegas, Sierra, Southern California, Los Angeles
CNN —On a mountaintop in northern Chile, the world’s largest digital camera is preparing to power up. The expectation is that in this way, Vera Rubin will discover about 17 billion stars and 20 billion galaxies that we’ve never seen before — and that’s only the beginning. “We’re anticipating about 10 million alerts per night coming off the telescope,” Higgs says. “The Vera Rubin Observatory will enable astronomers to map the distribution of dark matter like never before, based on how dark matter bends the path of ordinary starlight — a process known as ‘gravitational lensing,’” Kaiser explains. “After all, it was her seminal work on the detection of dark matter in spiral galaxies in the 1970s that got this pursuit going,” says Natarajan.
Persons: Vera C, , Vera Rubin, , Rubin, , Clare Higgs, Higgs, Charles Simonyi, Bill Gates, it’s, Olivier Bonin, ” Higgs, “ We’re, There’s, David Kaiser, Kaiser, ” Kaiser, Rubin Obs, Konstantin Batygin, Kate Pattle, “ Rubin, Priyamvada Organizations: CNN, Rubin, Department of Energy’s, Science, US National Science Foundation, Accelerator Laboratory, Stanford University in, Accelerator, Survey, Netflix, Massachusetts Institute of Technology, Nine, California Institute of Technology, of Physics, Astronomy, University College London, Yale University Locations: Chile, Cerro Pachón, Chilean, Santiago, Stanford University in California, California
One of Euclid’s primary goals is to observe dark matter and dark energy. While dark matter has never been detected, it is believed to make up 85% of the total matter in the universe. Meanwhile, dark energy is a mysterious force thought to play a role in the accelerating expansion of the universe. Rhodes is the US science lead for Euclid and principal investigator for NASA’s Euclid dark energy science team. “The images capture detail from clusters of stars near an individual galaxy to some of the largest structures in the universe.
Persons: , Valeria Pettorino, James Webb, Jason Rhodes, Rhodes, Euclid, Georges Lemaître, Edwin Hubble, Mike Seiffert Organizations: CNN, European Space Agency, Southern Hemisphere, ESA, International Astronautical, Jet Propulsion Laboratory, JPL, NASA Locations: Milan, Italy, Pasadena , California
The fire began burning in the Waikato wetland on October 21, 2024. Fire and Emergency New ZealandThe blaze poses a major risk to the wetland ecosystem, an important habitat that’s found in few other places, experts say. But even before the blaze, the Waikato wetland, like many other unique habitats in New Zealand, was at risk due to environmental degradation and the climate crisis. But when these carbon sinks come under threat, that stored carbon can be released back into the environment. As the fire burns it’s too soon to assess the extent of its damage or impact on the ecosystem, Jones told RNZ.
Persons: , Mark Tinworth, Niwha Jones, isn’t, ” Jones, Jones, RNZ, FENZ’s Tinworth Organizations: CNN, Department of, Radio New Zealand, bittern, Department of Conservation Locations: New Zealand, Waikato, Auckland, Zealand, Māori
Israel’s war could set Gaza back 69 years, UN warns
  + stars: | 2024-10-23 | by ( Isaac Yee | ) edition.cnn.com   time to read: +2 min
CNN —The impact of Israel’s war in the Gaza Strip could erase “over 69 years of progress” in the enclave, the United Nations has warned in a new report, saying that measurement for indicators such as life expectancy, education, income and standard of living are projected to drop to a level estimated for 1955. Israel launched a war on Hamas in Gaza on October 7 last year after the group attacked southern Israel, killing 1,200 people and taking more than 250 hostages. The Israeli offensive has killed more than 42,000 people in Gaza, according to the health ministry there, displaced most of its people and flattened large swathes of the enclave. The UN report, which looks at estimates for the Palestinian territories as a whole, says that over 4 million people in them were affected by poverty in 2024, including 2.6 million newly impoverished people. This brings the poverty rate to 74.3% across the Palestinian territories, according to the report.
Persons: , Achim Steiner, State Anthony Blinken, Mahmoud Abbas, Israel Organizations: CNN, United Nations, UN, Programme, UNDP, State, State Department, Israel, Palestinian Locations: Gaza, Palestinian, Israel
Reuters —Gisele Pelicot, the 72-year-old victim of mass rape whose ordeal has shocked the world, told a trial in southern France on Wednesday that she was determined that making her case public should help other women and change society. Fifty other men also stand trial, accused of raping her. Gisele Pelicot, her voice often shaking with emotion, told the court she was destroyed by what happened to her. Protests have been organized across France to show support for Gisele Pelicot, with many women expressing admiration for her courage. Only a few have admitted to raping Gisele Pelicot.
Persons: Gisele Pelicot, Dominique Pelicot, “ I’ve, I’ve, ” Gisele Pelicot, , , “ I’m, ” Pelicot, Christophe Simon Organizations: Getty Locations: France, Avignon, AFP
Here are six takeaways from Harris’ CNN town hall:Yes, Harris thinks Trump is a fascistHarris was asked Wednesday night if she considers Trump a fascist. “My administration will not be a continuation of the Biden administration,” Harris said. “There was a lot that was done (during the Biden administration), but there’s more to do,” Harris said. The vice president touted her work cracking down on hate crimes and called for new laws to deter future attacks. On Wednesday night, the vice president reprised that appeal – both in what she said and how she said it.
Persons: Kamala Harris, Donald Trump, Republicans –, Trump, Hitler’s, Harris, “ He’s, ” Harris, , , , Mark Milley, John Kelly, Liz Cheney, Dick Cheney, Donald Trump’s, Biden, , ’ Harris, CNN’s Anderson Cooper, , haven’t, Cooper, Harris hadn’t, Yahya Sinwar –, Hitler, Covid, Vladimir Putin, Harris ’, feverishly, “ Dick Cheney, “ doesn’t, what’s, jabbing, hasn’t, fracking, she’s, ” Cooper Organizations: CNN, Republican, Democratic, Republicans, Trump, Joint Chiefs of Staff, White House, Marine, , Wyoming, Hamas, Democrats, Israel, Capitol, Trump GOP, GOP, wobbly Republicans Locations: Hitler’s Nazi, Pennsylvania, United States, Mexico, Israel, Gaza, America
Nobody knows what Netanyahu’s endgame is
  + stars: | 2024-10-23 | by ( Ivana Kottasová | ) edition.cnn.com   time to read: +11 min
The Israeli military has already withdrawn from the area twice after saying, both times, that it had crushed Hamas there. A drone fired over the weekend slipped through Israeli air defenses and struck Netanyahu’s beach house some 50 miles from the Lebanese border. Netanyahu’s reluctance to strike a ceasefire deal, even now after securing several military victories, has angered many in Israel. “Ending the Gaza war and the Lebanon war is not an option for his political partners in the coalition. Mahmoud sleem/Anadolu/Getty Images“Netanyahu knows that there is no bigger picture of victory afterwards, because both Sinwar and Nasrallah are dead.
Persons: Yahya Sinwar, Benjamin Netanyahu, Netanyahu, Hassan Nasrallah, , , , Bushinsky, Sinwar, , ’ Netanyahu, Itamar Ben, Bezalel Smotrich, Gayil Talshir, we’ve, Talshir, Jack Gue3z, Biden, Israel, Antony Blinken, Joe Biden, Kamala Harris’s, what’s, ” Talshir, Mahmoud sleem, “ Netanyahu, Nasrallah, Donald, Trump, he’ll Organizations: Jerusalem CNN, Israel, Hamas, CNN, Finance, Hebrew University, Getty, State Locations: Jerusalem, Gaza, Israel, Iran, Hezbollah, Lebanon, Northern Gaza, Lebanese, Caesarea, Gaza . Aviv, Tel Aviv, AFP, Anadolu, Saudi, reemerge
Fact check: Kamala Harris town hall on CNN
  + stars: | 2024-10-23 | by ( Cnn Staff | ) edition.cnn.com   time to read: +7 min
CNN —Vice President Kamala Harris joined CNN’s Anderson Cooper for a town hall in the critical swing state of Pennsylvania on Wednesday night, where she faced questions directly from persuadable and undecided voters less than two weeks before Americans head to the polls on Election Day. Former President Donald Trump was invited but declined to participate in a CNN town hall. Separate studies estimate that the impact of Trump’s proposed tariffs would also raise prices for families, but by a lower amount. From CNN’s Piper Hudspeth BlackburnHarris’ claim on Trump’s tax cutsVice President Kamala Harris slammed her opponent former President Donald Trump for putting in place policies that benefitted the wealthy during his first term. “Donald Trump, when he was president, gave tax cuts to the richest, to billionaires and big corporations,” she said at CNN’s town hall.
Persons: Kamala Harris, CNN’s Anderson Cooper, Donald Trump, Harris, Trump, He’s, Katie Lobosco Harris, , Anderson, Mike Pence, Rather, Joe Biden, “ Joe Biden, Daniel Dale, Ella Nilsen Harris, Donald Trump’s, , Harris ’, Tim Walz, Piper Hudspeth Blackburn Harris ’, “ Donald Trump, Tami Luhby Organizations: CNN, Center for American Progress Action, CAP, Peterson Institute for International Economics, Center, Democratic, US, Protection, Army Corps of Engineers, CBS Locations: Pennsylvania, persuadable, Mexico, CNN’s
Passengers are suing Royal Caribbean after a cabin attendant was found guilty of hidden recordings. AdvertisementPassengers are suing the Royal Caribbean cruise line after a cabin attendant was sentenced to 30 years in prison for secretly recording adults and children in states of undress with hidden cameras. In one lawsuit, a Hawaii-based passenger, identified as Jane Doe, is seeking $75,000 in damages from Royal Caribbean. It argues that Royal Caribbean should have foreseen the risk of sexual assault, given the prevalence of such incidents on ships. Royal Caribbean Cruises stock closed at $203.35 on Tuesday, up 1.72%, and close to the 52-week-high reached last Thursday.
Persons: , Jane Doe, Arvin Joseph Mirasol, Mirasol, Bernardo Pimentel, Pimentel, Marisol Organizations: Royal Caribbean, Service, Royal, Broward Sheriff's, Unit, Leesfield, Partners, US, Office, Southern, Southern District of, Homeland Security Investigations, Customs, Border Protection, Mirasol, US Department of Transportation, Business, Royal Caribbean Cruises Locations: Hawaii, Royal Caribbean, New Hampshire, Southern District, Southern District of Florida, Caribbean
It took less than five seconds for the building in southern Beirut to be reduced to rubble. Videos circulating on social media and verified by NBC News, showed several men watching the strike on Lebanon's capital from a distance, standing by their cars as the building crumples. In another video, one man can be seen running from the strike as a colossal bang rings out. “They targeted two buildings, not one,” a man can be heard shouting in the third video. Two explosions can be heard in several of the videos, although it unclear where the second blast came from.
Persons: , Organizations: NBC News Locations: Beirut,
Within two days of his return, SM Entertainment said Seunghan was out again, leading fans to post triumphant videos showing them dancing in front of the funeral wreaths. “Many fans, mostly international fans, want him back in the group.”SM Entertainment did not respond to an emailed request for comment. “He made those teenage mistakes.”This is far from the first time that K-pop idols have fallen afoul of fans for having personal relationships. In March, Karina from Aespa, another SM Entertainment group, apologized for letting fans down after Korean media revealed her relationship with actor Lee Jae-wook. International fans are less invested in K-pop stars both emotionally and financially, said Stephanie Choi, a faculty expert on K-pop music at the University at Buffalo.
Persons: Seunghan, ” Seunghan, Shotaro, Anton, ” Tarryn McMurray, Arianna, , Jung, Yeon, , RIIZE, sunbae, Yuki Shu, ” Hye Jin Lee, ” Lee, “ We’re, Karina, Aespa, Lee Jae, EXO’s Chen, HyunA, Dawn, , ” McMurray, Stephanie Choi Organizations: SM Entertainment, Getty, NBC News, Annenberg School for Communication, Journalism, University of Southern, Pentagon, Cube Entertainment, University at Buffalo, USC Locations: Korean, Seoul, Japan, United States, South Korea, British, Wisconsin, Seunghan, University of Southern California
Welcome to the NBA, Bronny James. With the age-defying act of LeBron James now reaching a 22nd season, tying the league record for longest career with Vince Carter, James has played for so long that in June the Lakers drafted his oldest son, Bronny, 20. Though Lakers coach J.J. Redick told reporters Monday that a plan to play LeBron and Bronny together had not been finalized and Bronny James said he did not know whether he would actually play against Minnesota, there is clearly an expectation of history surrounding the season opener. “So, that’s what’s going to be cool about it.”“Only two families to do it,” Bronny James told reporters Monday when he was asked about the Griffeys. “I feel like my confidence, I feel like that’s the biggest thing for me right now,” he told reporters after the preseason finale in San Francisco.
Persons: Bronny James, LeBron James, Vince Carter, James, Bronny, , Redick, LeBron, Ken Griffey Jr, , ” Griffey, that’s what’s, ” Bronny James, , Bronny James ’, — Bronny Organizations: NBA, Lakers, Minnesota Timberwolves, J.J, Minnesota, Major League Baseball, Southern, Southern California — Locations: San Francisco, Southern California
The “blue wall” states of Wisconsin, Michigan and Pennsylvania have paved the path to the White House for the last two Democratic presidents. Recent discussions have centered on the possibility of an anomaly happening this year with just part of the blue wall breaking its way. “We absolutely are competing to win Michigan,” Harris campaign spokeswoman Lauren Hitt said, noting Harris’ presence there this week. The blue wall states have been pivotal to elect presidents in the last several elections. “Those three, the blue wall states, almost always stay together, but this year it’s an extraordinarily tight race.
Persons: Kamala Harris ’, , Donald Trump, Harris, Trump, , , ” Harris, Lauren Hitt, Mark Robinson’s, Josh Stein, Joe Biden, Biden, Dan Kanninen, Helene, Barack Obama, Hillary Clinton, Harris ’, Michael Dukakis, Tad Devine, Devine, Elissa Slotkin, Dane County, Tim Walz, Obama, Bill Clinton, Matt Baretto, Republicans —, ” Baretto Organizations: White House, Democratic, Pennsylvania, White, Detroit News, Washington Post, Michigan, Trump, Republican, Republicans, Wisconsin, Biden, Democrats Locations: Wisconsin , Michigan, Pennsylvania, Michigan, Wisconsin, North Carolina, Nevada, Hurricane, Arizona , Nevada, Georgia, Nevada , Arizona, Arizona, Gaza, In Wisconsin, Dane, Milwaukee
TEL AVIV — Israeli officials are weighing an Egyptian proposal for a small-scale cease-fire deal with Hamas aimed at trying to build momentum for a larger agreement, an Israeli official told NBC News. Israel’s security cabinet has discussed the Egyptian proposal for a two-week truce in Gaza, said the official, who spoke on the condition of anonymity. The Egyptian proposal calls for the release of just six Israeli hostages in exchange, the official said. The Egyptian proposal was first reported by Axios. So the idea is to get the momentum going with a smaller deal,” the Israeli official said.
Persons: Antony Blinken, Yahya Sinwar, Hassan Mahmoud Rashad, Axios, It’s, , Raf Sanchez, Chantal Da Silva Organizations: TEL AVIV —, NBC News, U.S Locations: TEL AVIV, Israel, Gaza, Lebanon, Beirut, U.S, Tel Aviv, London
Toledo, a 78-year-old economist who holds a doctorate from Stanford University, governed the Andean nation between 2001 and 2006. Peruvian former President Alejandro Toledo was convicted of taking bribes from Brazilian construction giant Odebrecht and sentenced to 20 years and six months in prison on Monday. During the year-long trial, Toledo denied the money-laundering and collusion charges. The sentence was announced in a room set up in a small Lima prison where Toledo has been detained since last year. Prosecutors relied on testimony from former Odebrecht executive Jorge Barata as well as Toledo's ex-collaborator Josef Maiman, who said Toledo received bribes.
Persons: Alejandro Toledo, Roberto Su, Toledo, Pedro Castillo, Pedro Pablo Kuczynski, Ollanta Humala, Jorge Barata, Josef Maiman Organizations: Stanford University, Odebrecht Locations: Lima , Peru, Brazil, Toledo, Peruvian, Lima, United States, Peru
Karnal, India CNN —The sun blisters the arid ground in Karnal, a district in India’s northern Haryana state, where empty houses stand testament to an acute problem that’s driving some residents to take unimaginable risks. Ankit Chaudhary says he paid an agent to help him take the 'donkey route' into the US but lost his money. His account matched that of another smuggling agent CNN spoke to in Haryana. But even if Trump wins the November election, smugglers CNN spoke to in India predict an eventual revival of the “donkey” route. “In my opinion the donkey route will never completely stop,” said the first agent.
Persons: , Ankit Chaudhary, ” Chaudhary, Narendra Modi, “ Viskit, ” Modi, , Bharat, Chaudhary, Rajeev Kumar, Malkeet, ” Kumar, Young, Muzaffar Chishti, ” Chishti, ” Ankush Malik, Malik, They’ve, Chishti, , , Frederic J . Brown, CNN's Ivan Watson he's, Trump, we’re, ” Trump, Kamala Harris, Gary Coronado, ’ Kumar, Kumar Organizations: India CNN, USA, CNN, US, Pew, India’s Ministry of Labour, Employment, Panama City, International Labour Organization, Migration, Institute, Biden, YouTube, Customs, Border Protection, Justice Department, Biden Administration, Border Patrol, Migrants, Getty, White, Democratic, Trump, Immigrants, Border, Los Angeles Times, El Locations: Karnal, India, India’s, Haryana, United States, Latin America, Mexico, El Salvador, Mator, Kaithal, New Delhi, Dubai, Almaty, Kazakhstan, Turkey, Istanbul, Panama, San Salvador, Guatemala, New York, Qatar, Amsterdam, Springs , California, AFP, San Diego, South Asia, September’s
New technology, however, using drones, artificial intelligence and weather balloons aims to modernize and accelerate that process. Near Space Labs, a Brooklyn, New York-based startup, invented "Swifts," or stratospheric, AI-enabled robotic cameras that fly on weather balloons. The giant weather balloons fly twice as high as airplanes cruise. Insurance and reinsurance companies, like Swiss Re, are using Near Space to help them understand and price risk. In addition to Third Sphere, Near Space Labs is backed by Crosslink Capital, Wireframe Ventures, IAG Firemark Ventures, Toyota Ventures and Leadout Capital.
Persons: Helene, Milton, Rema Matevosyan, Matevosyan, Shaun Abrahamson, Lisa Rizzolo Organizations: Space Labs, Labs, Swifts, Insurance, Swiss, Crosslink, Wireframe Ventures, IAG Firemark Ventures, Toyota Ventures, Leadout, CNBC Locations: Brooklyn , New York
General Motors — The stock jumped more than 9% after the automaker posted better-than-expected third-quarter results and raised its full-year forecast. Verizon Communications — The telecommunications giant dipped 4% after posting third-quarter revenue of $33.33 billion, which came in below the $33.43 billion analysts polled by LSEG had expected. GE Aerospace reported adjusted revenue of $8.94 billion, while analysts polled by LSEG estimated $9.02 billion. Meanwhile, adjusted earnings per share of $1.15 beat consensus forecasts by just 1 cent. Philip Morris International — The tobacco company popped nearly 9% after reporting third-quarter results that beat expectations.
Persons: FactSet, General Motors, LSEG, Philip Morris, Lockheed Martin —, Lockheed Martin, Zions, Sherwin, Williams, , Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim Organizations: General, GM, Verizon Communications, GE Aerospace, LSEG, Philip Morris International, Lockheed, Citi, U.S, Global, Diagnostics, Norfolk Southern
CNN —An Italian surfer has died after being impaled in the chest by a sharp-billed fish while surfing off Indonesia’s West Sumatra coast. Giulia Manfrini, 36, had been surfing in the Mentawai Islands, a remote island chain when she suffered a “freak accident,” said her business partner James Colston. “Unfortunately, even with the brave efforts of her partner, local resort staff and doctors, Giulia couldn’t be saved,” Colston said Sunday in a statement on Instagram. According to a medical report, she suffered a stab wound to the upper left chest with a depth of about five centimeters, the agency said. Together Colston and Manfrini founded travel company AWAVE Travel, which organized trips to popular surfing destinations, including the Mentawai Islands.
Persons: Giulia Manfrini, , James Colston, , Giulia couldn’t, ” Colston, ” Lahmudin Siregar, Manfrini, Colston, Pei Pei, Antara, Venaria Reale, ” Fabio Giulivi, Chiara, Giorgio, ” “ Giulia couldn’t, Giulia Organizations: CNN, AWAVE Locations: Italian, Indonesia’s West Sumatra, Mentawai, Siberut, Venaria, Turin, Italy, , Stoke
New York CNN —Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on charges related to sex trafficking, two sources familiar with the case tell CNN. Smith, 61, of West Palm Beach, Florida, was the romantic partner of former Abercrombie & Fitch CEO Mike Jeffries. Abercrombie & Fitch said it was “appalled” by the allegations and launched an independent investigation into the matter. Jeffries served as CEO of Abercrombie & Fitch from 1992 until 2014, when the company announced his retirement. That year, Abercrombie & Fitch succumbed to the pressure and announced they would begin offering plus-sizes in some clothing.
Persons: Mike Jeffries, Abercrombie &, Jeffries, Matthew Smith, James Jacobson, Smith, Jacobson, Paul Minnesota, , , Brian Bieber, Michael Jeffries, Saint Barthélémy, it’s, Fitch, Abercrombie, Zers Organizations: New, New York CNN, Abercrombie, Abercrombie & Fitch, CNN, of, Prosecutors, Fitch, Southern District of, Hamptons Locations: New York, Eastern, of New York, West Palm Beach , Florida, Rice Lake , Michigan, Southern District, Southern District of Florida, Wisconsin, St, Paul, United States, New York City, England, France, Italy, Morocco, Minnesota
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