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☆ Expedia CEO says travel will remain strong next summer
▼ + stars: | 2022-11-04 | 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 EmailExpedia CEO says travel will remain strong next summerPeter Kern, Expedia CEO, joins 'TechCheck' to discuss travel demand strength, Expedia's earnings miss, and Airbnb's model for hospitality as an influence for other loyalty programs.

☆ You may experience a 'mysterious disappearance’ on Halloween — and insurance probably won't pay for it
▼ + stars: | 2022-10-31 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Renters and homeowners insurance claims related to a "mysterious disappearance" increased by 5% on Halloween and 3% on Mischief Night, which is the night before Halloween, according to Travelers Insurance claims data from 2011 to 2021. Some have clauses that explicitly deny payment in cases of such a "mysterious disappearance." Why 'named perils' matter in insurance coverageHowever, you're not necessarily in the clear just because your policy doesn't explicitly omit a "mysterious disappearance." When it comes to personal property, insurance generally only covers renters and homeowners for a "named peril," Griffin said. So-called all-risk policies or open perils policies, by contrast, cover any event the policy doesn't specifically exclude.

☆ ECB policymakers stick with hike plans even as recession looms
▼ + stars: | 2022-10-28 | by ( Balazs Koranyi | ) www.reuters.com time to read: +5 min

[1/2] Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. But policymakers on Friday appeared to be on message that rates will keep going up. Investors now see ECB rates peaking at around 2.75%, above levels near 2.5% seen on Thursday after the ECB's rate hike and language tweaks. RECESSIONThe policymakers' reinforcement of the rate hike message comes as a recession now looks almost certain, and will likely prompt a barrage of further criticism from European leaders. But ECB chief Christine Lagarde pushed back on the criticism on Thursday, arguing that breaking inflation was the ECB's chief mission and governments could help by providing targeted support for the most vulnerable.

☆ Investors need to rebalance their portfolios by the end of 2023, says Aperture Investors' Peter Kraus
▼ + stars: | 2022-10-27 | 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 EmailInvestors need to rebalance their portfolios by the end of 2023, says Aperture Investors' Peter KrausPeter Kraus, chairman and CEO of Aperture Investors, joins CNBC's 'Squawk Box' to discuss the key takeaways from this earnings season and whether he would buy into the market right now.

☆ Piper Sandler upgrades Planet Fitness to overweight, says shares look attractive relative to peers
▼ + stars: | 2022-10-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Piper Sandler says now is an opportune time to load up on shares of Planet Fitness . Analyst Peter Keith upgraded the gym stock to overweight from neutral, saying in a note to clients Monday that shares are trading at attractive levels relative to peers and should benefit from strong participation levels among younger generations. "Our 2023 comp build assumes a more conservative amount of 30% of participating teens becoming paid members - equating to a comp lift of +3%," he said. While shares are down more than 36% this year, Piper Sandler expects a potential 22% gain in the near term given the bank's revised $70 price target (down from $73). "All in, we think Black Card pricing will provide a +2% comp benefit starting partially by 4Q22 and fully kicking with Q1 2023 – and lasting throughout 2023," Keith said.

☆ Malawi police find more bodies near mass grave that contained 25 Ethiopians
▼ + stars: | 2022-10-21 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

CNN —Four more bodies of suspected illegal migrants from Ethiopia have been found near the site of a mass grave in northern Malawi that contained the remains of 25 Ethiopian nationals, according to police in the southern African country. The four bodies were discovered a day after the corpses of 25 Ethiopian migrants were exhumed from a mass grave in northern Malawi’s Mzimba district. The 25 victims were males aged between 25 and 40 years, police found. Malawi's Minister of Homeland Security, Jean Sendeza visited Mtangatanga forest where villagers discovered a mass grave with 25 bodies, and five more bodies were found after further search around the forest. More than 200 illegal migrants were intercepted in the last eight months, he stated, adding that 186 of them were Ethiopian nationals.

☆ New contemporary art event boosts Paris scene
▼ + stars: | 2022-10-20 | by ( Elizabeth Pineau | ) www.reuters.com time to read: +4 min

A visitor walks past the "Buste de Diego" (1961) by artist Alberto Giacometti as Paris+ par Art Basel international contemporary art fair opens in Paris, France, October 19, 2022. The event, "Paris+ par Art Basel", was awarded to Art Basel, one of the giants in the art world, which hosts fairs in Switzerland as well as Miami and Hong Kong. Contemporary art, dating roughly from 1945 onwards, made up 23% of the art market in 2020-2021, compared with 3% in 2000-2001, according to the Artprice data bank. The Paris event replaces the International Contemporary Art Fair (Fiac) and follows the high-profile Frieze fair in London. Paris is the only big city in the continent, the only important city for contemporary art, so it was an obvious choice," Kilchmann told Reuters.

☆ These stocks reporting this week typically beat and gain on earnings days
▼ + stars: | 2022-10-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

When looking for companies with a winning earnings history, CNBC Pro reviewed data from Bespoke Investment Group to find names that beat per-share earnings estimates 75% of the time or more and had an average gain on earnings day of at least 1%. Shares are down almost 50% year to date, but have about 31% upside to the average analyst target price, according to FactSet. The bank has beaten Wall Street expectations 84% of the time and has an average 1.7% rally on earnings days. Citizens Financial's shares are down about 23% so far this year and has 20% upside from the average analyst price target, according to FactSet. The stock is down about 15% year to date and has about 16% upside to the average price target, according to FactSet.

☆ Digital LeBron vs. analog Mantle: Sports collectibles remain hot despite NFT boom
▼ + stars: | 2022-10-15 | by ( Jake Traylor | Jake Traylor Is An Associate Producer For Msnbc. | ) www.nbcnews.com time to read: +7 min

But amid a crypto winter, the future trajectory of the sports memorabilia market, tangible or NFT, is being disputed. Meanwhile, the success of NBA Top Shot, arguably the most successful sports NFT market, soared and eventually crashed. Millennials are driving the NFT market, according to a Morning Consult survey that found 42% of all NFT collectors are 26 to 40 years old. Some sports market experts argue that regardless of an NFT bounce back, tangibles and NFTs in the sports memorabilia market don’t compete with each other. “I don’t think that [NFTs] are going to eat into the physical memorabilia market,” said Pete Giorgio, leader of Deloitte Consulting’s global and U.S. sports practice, who tracks and forecasts the sports memorabilia market.

Trying to salvage his summit at Doral, Trump himself phoned the group at Camp David, and the moderates gave the president an earful as well. That fall, Bade and Demirjian write, House GOP Leader Kevin McCarthy and House GOP Whip Steve Scalise had desperately tried to hold the line and keep Republicans unified against Democrats' first impeachment probe into Trump. That weekend at Camp David, Bade and Demirjian write, moderate Republicans "charged the president’s chief of staff like a pack of wolves." Mulvaney had suggested to his boss inviting a group of wavering Republicans to Camp David. “We don’t want to have to defend you on this,” Wagner told him, suggesting that he host the G-7 at Camp David.

Buying other companies is one option to help maintain its historical 20%-plus annual revenue growth, a person familiar with Amazon's deal process said. While Amazon doesn't necessarily prey on companies in trouble, the company is extremely price disciplined, the person familiar with Amazon's deal process told Insider. Bertucci has been a part of some of Amazon's largest transactions, including leading the MGM and One Medical deals. According to the person familiar with Amazon's deal process, Amazon only brings in investment banks when acquisitions reach roughly the $1 billion mark. Indeed, the One Medical deal alone could have netted Goldman and Morgan Stanley, which repped One Medical, in the tens of millions in fees.

Strengthening the case for another 75 basis point increase, German inflation jumped to 10.9% this month, far beyond expectations for a reading of 10%. "There is no easing in sight, and next year the inflation rate is only likely to fall because energy prices are unlikely to rise again as strongly as this year, partly due to government intervention," Commerzbank economist Ralph Solveen said of the German inflation figures. While few governors ventured to estimate where interest rate hikes could end, de Cos said that models suggest a significantly lower terminal rate than markets now expect. "On the basis of current information, the median terminal rate value across models is at 2.25%-2.50%," de Cos said. Rate hike talk is intensifying even as recession fears rise.

☆ ECB policymakers back another jumbo hike as inflation rises further
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

VILNIUS, Sept 29 (Reuters) - Four European Central Bank policymakers on Thursday backed another big interest rate hike next month as euro zone inflation looked set for another record high, but they differed on whether it was time to think about mopping up cash from the economy. The ECB has raised rates by a combined 125 basis points over its past two meetings and promised further increases as inflation rises towards 10% and longer-term expectations edge above its 2% target. Strengthening the case for another 75-basis-point increase, data on Thursday showed inflation in Germany's most populous state jumped to 10.1% in September - the most since the early 1950s. Register now for FREE unlimited access to Reuters.com RegisterGermany will publish a nationwide flash estimate for September inflation later on Thursday, with a reading for the 19-country euro zone due on Friday. "My choice would be 75 (basis points)," ECB policymaker Gediminas Simkus told Bloomberg TV on the sidelines of a conference in Vilnius.

☆ ECB may need to lift rates by 75 basis points in Oct, Kazimir says
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: 1 min

Sept 28 (Reuters) - The European Central Bank may need to raise interest rates by another 75 basis points next month as inflation remains unacceptably high, Slovak central bank chief Peter Kazimir told a news conference on Wednesday. The ECB already lifted rates by a combined 125 basis points at its past two meetings, the quickest pace of tightening on record, and promised further rate hikes at least until it reaches the "neutral" level, which neither slows nor stimulates growth. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rober Muller; Writing by Balazs Koranyi; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

☆ ECB policymakers put 75 bps hike on table for October
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +3 min

FRANKFURT/HELSINKI, Sept 28 (Reuters) - The European Central Bank may need to raise interest rates by another 75 basis points at its October meeting and move again in December to a level that no longer stimulates the economy, policymakers said on Wednesday. Finnish central bank chief Olli Rehn, considered a moderate swing voter, also said that 75 basis points could be among the options. Outspoken policy hawk Robert Holzmann, Austria's central bank governor, also backed a 75 basis point move in an interview with Bloomberg TV, arguing that 100 basis points would simply be too much. ECB President Christine Lagarde said the "first destination" in the rate hiking cycle will be the "neutral" rate, which neither stimulates not slows growth. "In my view, we are heading towards the range of the neutral rate by Christmas," Rehn said.

☆ Morning Bid: Gimme Shelter
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike Dolan. read moreBut with the pound falling anew against the dollar on the credit rating and IMF warnings, the real problem is in UK government bonds, or gilts. read moreWith Wall Street stocks hitting a new low for the year on Tuesday, global shares sank to two-year lows on Wednesday. Fed chairman Jerome Powell and a host of other Fed speakers are in the diary again for later on Wednesday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ How to build wealth from real estate investing, according to 7 couples and individuals who have done it
▼ + stars: | 2022-09-23 | by ( Business Insider | ) www.businessinsider.com time to read: +10 min

With patience and the right strategies, real estate investing can be a path to financial freedom. Several people who have used real estate to build wealth told us how they got started. Insider spoke to individuals, including Zuber, who have used real estate as a tool to build long-term wealth. When he was in high school, "I found online that 90% of all millionaires became so through owning real estate." From that point on, he decided that real estate would one day be his path to wealth.

☆ Former world junior surfing champion Kalani David dies at 24
▼ + stars: | 2022-09-19 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

SAN JOSÉ — Former world junior surfing champion Kalani David died over the weekend on a Costa Rican beach after suffering a seizure while in the sea practicing the sport in which he excelled, friends and authorities said. Kalani David Feeney Barrientos, known internationally only by his first names, was born in Hawaii to a Costa Rican mother and suffered from Wolff-Parkinson-White syndrome, a congenital heart disease that caused paralysis and seizures. He won the Junior World Surfing title in Panama in 2012, in the Under-16 category, while competing for the first places in the main skate circuits. Various figures from the world of surfing echoed the news shortly after, such as 11-time world champion Kelly Slater. “My condolences to the great family and friends that Kalani had on every beach around the world.”

☆ Connected-fitness company Ergatta is bringing its rowers to the UK
▼ + stars: | 2022-09-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Connected-fitness company Ergatta is bringing its rowers to the UK and Ireland. Ergatta CEO and cofounder Tom Aulet told Insider that the company is instead targeting competitive people who would prefer a gamified approach to instructor sessions. Ergatta previously told Insider that business boomed so much during the pandemic that the company sold out of its luxury rowers multiple times. He said there was big demand for Ergatta's rowers, with the company fielding inbound calls every week. WaterRower CEO Peter King said in a press release that Ergatta's rower "quickly" became one of its best-selling products in the US.

☆ Expedia Poaches CFO From Home-Retailer Williams-Sonoma
▼ + stars: | 2022-09-14 | by ( Mark Maurer | ) www.wsj.com time to read: +3 min

Expedia Group Inc. hired a new finance chief, a move that comes as the online travel company works to build out its direct-to-consumer offering. He also plans to stay on as chair of the supervisory board of directors of Trivago N.V. , which is majority-owned by Expedia Group, the company said. Photo: Expedia Group Inc.Ms. Whalen most recently served as CFO at San Francisco-based home-products retailer Williams-Sonoma Inc., a role she has held since 2012. Also on Wednesday, Williams-Sonoma named Jeff Howie, the company’s executive vice president and chief administrative officer, as Ms. Whalen’s successor. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team.

☆ 3 takeaways from Tuesday's meeting: Stocks plunge, we're buying HON, but wait on COST, SBUX
▼ + stars: | 2022-09-13 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stocks sink on hot CPI Looking to add some Honeywell Wait to buy Costco, Starbucks 1. Wait to buy Costco, Starbucks Jim was also talking about how inflation might impact Club holding Costco (COST). THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ What Cramer is watching Tuesday — hot inflation slams stocks, recent Apple rally fizzles
▼ + stars: | 2022-09-13 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

BMO goes to market perform from outperform (hold from buy) but raises its price target $435 per share from $420. Wells Fargo raises price target on Clorox (CLX) to $130 per share from $120; but keeps an underweight (sell) rating. Wells Fargo cuts price target on Dow Inc. (DOW) to $60 per share from $70, saying polyethylene pricing is coming down. JPMorgan calls Robinhood (HOOD) August numbers "uninspiring," keeps underweight (sell) rating and a $7-per-share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Watch the full interview with Expedia CEO Peter Kern
▼ + stars: | 2022-09-12 | 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 EmailWatch the full interview with Expedia CEO Peter Kern"People are traveling like crazy," Kern said, speaking with Jim Cramer, who was in Expedia's home city of Seattle for "Mad Money."

☆ Nature and Camping Trips to Take From Chicago
▼ + stars: | 2022-06-29 | by ( Peter Kujawinski | ) www.nytimes.com time to read: +2 min

We were able to walk through this unique ecosystem thanks to the Volo Bog Interpretive Trail, a floating boardwalk that wound through the park. For a few minutes at least, bog birch, sphagnum moss, highbush blueberry and water lilies replaced traffic, electrical lines, agricultural fields and subdivisions. It was like a little outpost of Canada’s boreal forests in the Chicago suburbs. The trails were even long enough that my children started complaining about all the nature they had to walk through. Clocking in at 43.1 acres, Ferson Creek Fen Nature Preserve was a sliver of bird-filled wilderness tucked along the Fox River.

Locations: Chicago, Volo

☆ Documente declasificate: Cum a încercat CIA să-l asasineze pe actualul lider cubanez Raul Castro
▼ + stars: | 2021-04-17 | by ( ) www.jurnal.md time to read: +2 min

Sursa foto: Getty ImagesDocumente declasificate: Cum a încercat CIA să-l asasineze pe actualul lider cubanez Raul CastroCIA a încercat să-l asasineze pe Raul Castro, fratele lui Fidel Castro, care a anunţat recent că se va retrage de la conducerea Cubei, conform unor documente declasificate recent şi publicate de National Security Archive, informează Agerpres. Cea mai veche tentativă a CIA datează din 1960, când un agent i-a oferit 10.000 de dolari pilotului care îl aducea pe Raul Castro înapoi de la Praga la Havana, pentru a „aranja un accident”, potrivit documentelor declasificate. Dar în timp ce Martinez decolase spre Praga, biroul CIA din Havana a primit ordin să anuleze misiunea, fără a-l putea contacta pe pilot. La întoarcere, pilotul a indicat că „nu a avut ocazia să aranjeze un accident după cum s-a discutat”. Fidel Castro, care a luat puterea în 1959, a sfidat 11 preşedinţi americani şi a supravieţuit nenumăratelor comploturi pentru a-l asasina (638 conform Cărţii Recordurilor Guinness), precum şi unei încercări eşuate de a debarca exilaţi cubanezi sprijiniţi de CIA în Golful Porcilor (sudul insulei) în aprilie 1961.

Persons: cubanez Raul Castro, Raul Castro, Fidel Castro, Jose Raul Martinez, Martinez, Peter Kornbluh, Fidel, Raul Organizations: CIA, cubanez Raul Castro CIA, National, Agerpres, Security, Partidului Comunist Cubanez, Guinness Locations: cubanez, Cubei, Praga, Havana, Statele Unite, Cuba, Golful Porcilor

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