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☆ Karl-Anthony Towns helps Timberwolves outlast Warriors
▼ + stars: | 2023-11-15 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/62] Nov 14, 2023; San Francisco, California, USA; Golden State Warriors guard Stephen Curry (30) watches the game against the Minnesota Timberwolvesx during the first half at Chase Center. The win not only was the Timberwolves' second in three days against the Warriors, but also improved them to 2-0 in the West Group C of the NBA's in-season tournament. Golden State fell to 1-1. Kyle Anderson, whose offensive rebound led to Towns' late 3-pointer, iced Minnesota's seventh straight win with two free throws with four seconds left. Towns added 11 rebounds for the Timberwolves, who trailed by as many as 12 in the third quarter.

Persons: Stephen Curry, John Hefti, Karl, Anthony Towns, Mike Conley, Klay Thompson, Draymond, Dario Saric, Conley, Kyle Anderson, Thompson, Jaden McDaniels, Anthony Edwards, Rudy Gobert, Green, McDaniels, Gobert, Edwards, Naz Reid, Brandin, Saric, Kevon Looney, Chris Paul, Moses Moody Organizations: Golden State Warriors, Minnesota, Chase Center, Minnesota Timberwolves, Warriors, Timberwolves, West, Golden State, State, Towns, Wolves, NBA, Thomson Locations: San Francisco , California, USA, San Francisco, Minnesota, Towns, New Jersey, Green

☆ What’s Your Favorite Movie to Watch at the Holidays? We Want to Know.
▼ + stars: | 2023-11-15 | by ( Barbara Chai | More About Barbara Chai | ) www.nytimes.com time to read: +1 min

I had watched the movie so many times. When I was in college, I’d come home for Thanksgiving break and flip on Jodie Foster’s “Home for the Holidays” while sipping a peppermint mocha. Maybe he’ll take to the Charlie Brown holiday specials this year. Or maybe he’ll continue to worship “The Polar Express,” turning the pages of the hardcover book in his lap as he watches the snowy scenes unfold. Images like this burn into my memory more than any still, scene or set from a movie.

Persons: Ralphie, I’d, Jodie Foster’s “, Peter Jackson’s “, I’m, Charlie Brown

☆ Italy arrests six in crackdown on fentanyl smuggling from China to U.S.
▼ + stars: | 2023-11-15 | by ( Emilio Parodi | ) www.reuters.com time to read: +3 min

[1/2] An undated handout picture released by Guardia di Finanza shows banknotes that were seized as a part of an operation against fentanyl trafficking from China to U.S., in Piacenza, Italy. Guardia di Finanza Press Office/Handout via REUTERS Acquire Licensing RightsMILAN, Nov 15 (Reuters) - Italian police have arrested six people in a crackdown on a network that allegedly played go-between for fentanyl trafficking from China to the United States, Guardia di Finanza police and prosecutors in the northern city of Piacenza said on Wednesday. Washington is hoping to secure more cooperation from Beijing in combating production of the potent synthetic opioid fentanyl, a scourge in the United States, when President Joe Biden meets Chinese President Xi Jinping on Wednesday. Among those arrested in Italy is the alleged head of the network, a 51-year-old Italian man suspected of buying fentanyl from China over the past three years. He sold it on to buyers in the United States, and in one case in Mexico, the chief prosecutor said.

Persons: Grazia Pradella, Joe Biden, Xi Jinping, Emilio Parodi, Keith Weir Organizations: Guardia, Finanza, REUTERS Acquire, U.S . Drug Enforcement Administration, Reuters, U.S, U.S . Centers for Disease Control, Prevention, Police, Thomson Locations: China, U.S, Piacenza, Italy, United States, Guardia, Washington, Beijing, Mexico, Rome, Ukrainian, Switzerland, Eastern Europe, bitcoin

☆ Morning Bid: Frail yen teeters as US CPI looms
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +3 min

Economists polled by Reuters expect headline U.S. consumer price inflation to slow to 3.3% in October from 3.7% in September, with the core inflation rate that strips out volatile components seen unchanged from September at 4.1%. If the battered currency breaks through last year's trough of 151.94, it would mark a 33-year low. In the corporate world, investors will keep an eye on Europe's most valuable company, Novo Nordisk (NOVOb.CO). Shares of the Danish drugmaker rose on Monday after data showed that the heart-protective benefits of its popular obesity drug Wegovy are not solely due to weight loss. Key developments that could influence markets on Tuesday:Economic events: UK average weekly earnings for September, Euro Zone Q3 flash GDP, Euro Zone employment flash Q3Reporting by Ankur Banerjee; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.

Persons: Ankur Banerjee, David Cameron's, Jerome Powell, Shunichi Suzuki, Edmund Klamann Organizations: U.S, Japan, Ankur, Reuters, Federal Reserve, Japanese Finance, Novo Nordisk, Walmart, Thomson Locations: Tokyo, Japan, Britain, Danish

☆ 2 Stanford grads want to replace your beer with cannabis drinks—they’ve already sold 10 million cans
▼ + stars: | 2023-11-14 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Anderson and Bullock refer to it as a "social tonic," or a hangover-free alternative to beer. It's one of the top-selling cannabis beverage brands in the U.S., according to market research firm BDSA. Bullock and Anderson project sales of more than 9 million cans next year — which, with prices starting at $24 per six-pack, would generate at least $36 million in annual revenue. Unsurprisingly, the co-founders say they're well-positioned to fill the void — even as research into cannabis' health effects remains inconclusive. That same year, Constellation Brands, which produces Corona and Modelo beers, invested $4 billion in Canadian cannabis company Canopy Growth.

Persons: Jake Bullock, Luke Anderson, Cann, Anderson, Bullock, haven't, seltzer, MBAs — Anderson, Stanford, misfire, we've Organizations: Los, Anderson, CNBC, Gallup, Cann's, Bain, Co, Harvard University, Stanford University, Constellation Brands, Modelo, Apple Locations: Los Angeles, Canada, U.S, Palo Alto, alma, Colorado, Palo Alto , California, Corona, Florida, Sicily, California

☆ Why oil majors Shell and BP are combining solar energy and agricultural production
▼ + stars: | 2023-11-14 | by ( Katie Brigham | ) www.cnbc.com time to read: +6 min

Stoffels owns this land, but leases it to Lightsource BP, a major solar energy developer that's 50% owned by British oil major BP. An emerging industry called agrivoltaics combines solar energy production with agricultural activities such as sheep grazing, beekeeping and crop growing. Today, the U.S. has about five gigawatts of agrivoltaic projects, encompassing more than 35,000 acres across over 30 different states. Shell is also involved in the space through its 44% stake in solar developer Silicon Ranch. While most solar developers opt to lease land, Silicon Ranch buys it outright, often purchasing degraded farmland that's no longer in production.

Persons: Amanda Stoffels, munch, Stoffels, Lightsource, Jordan Macknick, Macknick, Lee, Tom Koranek, Becca Jones, Albertus, Katie Brigham Lightsource, Reagan Farr, Farr, Exxon haven't Organizations: Elm, BP, Lightsource, Lead, National Renewable Energy Laboratory, U.S, U.S . Department, Energy's Solar Energy Technologies Office, Shell, Silicon Ranch, Ranch, Power, Chevron, Exxon Locations: Dallas , Texas, United States, Elm, Ellis County , Texas, Lightsource, U.S, Briar, Navarro County , Texas, agrivoltaics

☆ NY Fed finds softer inflation expectations in October
▼ + stars: | 2023-11-13 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

A woman passes by The Federal Reserve Bank of New York in New York City, U.S., March 13, 2023. The relative stability of New York Fed expectations data contrasts with that seen in the University of Michigan Consumer Sentiment Survey. It found in November a rise in year-ahead expected inflation to 4.4% from 4.2% in October, with five-year expected inflation up to 3.2%, from October’s 3%. Over the last year and a half the Fed has aggressively raised rates in a bid to cool high inflation. But it kept alive the prospect of more action should inflation not fall further on the path back to 2%.

Persons: Brendan McDermid, there’s, Jerome Powell, Powell, ”, Michael S, Andrea Ricci Organizations: Federal Reserve Bank of New, REUTERS, Consumer, New, New York Fed, University of Michigan Consumer, University of Michigan, Federal, Committee, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, September’s, New York, York, October’s

☆ Is that $35 Apple Watch real? How misleading TikTok influencer videos could be the next big headache in e-commerce
▼ + stars: | 2023-11-13 | by ( Dan Whateley | ) www.businessinsider.com time to read: +8 min

Tyler linked his post to a $34.88 smartwatch available on TikTok Shop from a merchant called MoonMates, which did not represent the item as Apple-made. Because the video featured a TikTok Shop tag, Tyler was likely eligible for a commission on any watch sales his video generated. Others may do it unintentionally because they're not entirely sure whether a steeply discounted TikTok Shop product is authentic. If false video reviews proliferate across TikTok Shop, it could pose an existential risk for the nascent e-commerce platform. TikTok user Vincent Patritto went viral in September after promoting a pair of Crocs that were available on TikTok Shop.

Persons: Austin Tyler, Tyler, TikTok, they're, Brett Hollenbeck, Hollenbeck, it's, Vincent Patritto, they've, Patritto, Lululemon Athletica, Influencers, aren't Organizations: Apple, Apple Watch, Shop, UCLA's Anderson School of Management, New, Prime, YouTube, Expedia, UCLA

☆ Most Americans think the economy should be in fairly good shape this time next year
▼ + stars: | 2023-11-13 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

Consumers’ expectations for inflation one year and five years from now both dropped 0.1 percentage points from the month before, to land at 3.6% and 2.7%, respectively. However, median inflation expectations at the three-year horizon remained unchanged at 3%, a yearly high. On Friday, the University of Michigan’s closely watched consumer survey showed sentiment was waning about the current economic state and that inflation expectations ticked up over the long run. The median expected growth in household income ticked up a tenth of a percentage point to 3.1%. Overall, more respondents to the New York Fed survey said their households were better off than they were this time last year.

Persons: they’ll Organizations: Minneapolis CNN —, Federal Reserve Bank of New, Federal Reserve, Fed, University of Michigan’s, New Locations: Minneapolis, Federal Reserve Bank of New York, York

Regulators have so far not mandated any minimum net worth or investor qualifications for those trading stock options, and the stock markets almost always rise each year - both recipes for higher risk-taking and complacency. The "stark" increase in daily options trading turnover raises issues of investor protection, said Ajay Tyagi, former SEBI chief. The platform has seen an uptick in futures and options trading activity, Zerodha said in response to Reuters queries. Siddharth Joshi, a 36-year old from Surat in western India, said he lost 200,000 rupees trading options on Adani Enterprises (ADEL.NS) shares in January. "In options trading, I know my loss is capped but there is an opportunity to make maximum profit," he said.

Persons: Francis Mascarenhas, Mihir Vora, SEBI, Ashish Chauhan, Ajay Tyagi, Kailash, Bhavesh Shah, Shah, Zerodha, Siddharth Joshi, he's, Ira Dugal, Vidya Ranganathan, Raju Gopalakrishnan Organizations: Bombay Stock Exchange, REUTERS, Rights, Securities, Exchange Board of India, Trust Mutual Fund, National Stock Exchange of India Ltd, BSE Ltd, Reuters, Axis Mutual Fund, National Stock Exchange, Adani Enterprises, Thomson Locations: Mumbai, India, Rights MUMBAI, South Korea, Bhavesh, Ahmedabad, Surat

☆ Opinion: This Nicolas Cage movie is a hard lesson in being human
▼ + stars: | 2023-11-13 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +6 min

CNN —Across the political spectrum, there’s a consensus that social media is dangerous. Director Kristoffer Borgli’s latest film, “Dream Scenario,” half builds on, half parodies those fears and anxieties for its absurdist plot. It also suggests, though, that the dynamics and dangers of online existence aren’t exactly new and aren’t exactly about social media at all. “Dream Scenario” is about how, even before we could see short hip hop dance videos on loop, we’ve always been in each other’s skulls. As “Dream Scenario” suggests, for better and worse, to be human is to dream together.

Persons: Noah Berlatsky, Critics, Noah Berlatsky Noah Berlatsky, Kristoffer Borgli’s, Paul Matthews, Nicolas Cage, Paul, Paul doesn’t, ”, Janet, Julianne Nicholson, It’s, they’re, you’ve, he’s, Carl Jung’s, “ antelligence, stigmatize, isn’t, you’re Organizations: CNN Locations: Chicago, Swiss

☆ Cartier owner Richemont sees growth easing as economic worries rise
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

Richemont's constant currency sales growth eased from a 19% rate in the April to June period to a 5% rate in the following three months. The company posted a profit of 1.51 billion euros, worse than the 2.17 billion euros forecast by analysts in a consensus cited by Zuercher Kantonalbank. "Growth eased in the second quarter as inflationary pressure, slowing economic growth and geopolitical tensions began to affect customer sentiment, compounded by strong comparatives," said Chairman Johann Rupert in a statement. "Consequently, we have seen a broad-based normalisation of market growth expectations across the industry." While jewellery - traditionally more resilient to economic swings - continued to shine with constant currency sales up 9%, watch sales fell 4%.

Persons: Regis, Cartier, Vacheron Constantin, LVMH, Zuercher Kantonalbank, Johann Rupert, Kepler, Jon Cox, John Revill, Mimosa, Miranda Murray, Shri Navaratnam, Tomasz Janowski Organizations: Cartier, Vendome, REUTERS, Rights, IWC, Thomson Locations: Paris, France, Swiss, United States, Europe, China

☆ COVID-19 fraudsters bought fancy cars, a Pokemon card - even a private island
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: +9 min

Patrick Parker Walsh is serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy the island. Instead, he's serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island. They potentially plundered more than $280 billion in federal COVID-19 aid; another $123 billion was wasted or misspent. They've created special "strike forces " to hunt down COVID-19 aid thieves and vowed not to give up the chase. A few weeks after Oudomsine applied for the pandemic aid, the government rushed him $85,000 to keep his non-existent business afloat.

Persons: Richard Lardner, Patrick Parker Walsh, Julio Aguilar, he's, fraudsters, Donald Trump, Ivanka Trump, James Brady, Trump, Alex Wong, Bob Westbrooks, Westbrooks, They've, Lisa Monaco, General Merrick Garland, Garland, David Weiss, Hunter Biden, Joe Biden, Drew Angerer, Konstantinos Zarkadas, Cartier, Zarkadas, Lee E, Price III, Price, Vinath Oudomsine, Oudomsine, Mickey Mantle, Dudley H, Bowen, Patrick Walsh's, Walsh, Jamie Lovemark, Kevin Lamarque Organizations: Press, AP YANKEETOWN, Associated Press ., James, Getty, YouTube, U.S . Justice, Top Justice Department, U.S, U.S . Department of Justice, Rolex, Houston, Associated Press, National Transportation Safety Board, Bethany Locations: Yankeetown, Fla, Sweetheart, Coast, Florida's, Florida, Associated Press . WASHINGTON, DC, U.S, Washington ,, Las Vegas, Tennessee, Vermont, COVID, Washington , DC, New York, Houston, Georgia, America, Bethany Beach , Delaware

Scientists say such extreme weather is becoming increasingly common globally because of climate change, which also intensifies the effects of El Nino. Never before has Lake Titicaca dried up like it is now. Experts say many of the factors contributing to the shrinking of Lake Titicaca could be linked to climate change. In global terms we have climate change, and phenomena such as El Nino and La Nina, which cause floods and droughts." Back at Lake Titicaca, Fredy Aruquipa, the person in charge of monitoring the lake's water level, watches it decline daily.

Persons: Alex Flores, Claudia Morales, Manuel Flores, El, Flores, Xavier Lazzaro, Rodney Camargo, La Nina, Fredy Aruquipa, Monica Machicao, Sergio Limachi, Isabel Woodford, Adam Jourdan, Andrea Ricci Organizations: REUTERS, El, Friends, Nature Foundation, El Nino, La, Thomson Locations: Lake Titicaca, Bolivia, South, El Alto, El Nino, Titicaca, United States, Asia

☆ Cuban clock maker keeps on ticking despite economic woes
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

HAVANA, Nov 10 (Reuters) - Cuban watchmaker Ernesto Barrios saw an opportunity to make up for lost time two years ago after authorities lifted a ban on private companies that had been in place since shortly after Fidel Castro's 1959 revolution. "We don't have to import any of our materials," he said. "Years ago there was a great diversity of Russian watches in Cuba and today that watch market is empty," he said. His "Made in Cuba" watches, he said, are on display in various hotels in Havana, as well as in some stores in the Cuban capital. Reporting by Nelson Acosta, editing by Dave Sherwood and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Ernesto Barrios, Fidel Castro's, Luz, Barrios, Nelson Acosta, Dave Sherwood, Sandra Maler Organizations: Reuters, Thomson Locations: HAVANA, Cuban, Cuba, wristwatches, Havana, Soviet Union

☆ These luxury stocks won't lose their luster even as sales growth slows to pre-pandemic levels
▼ + stars: | 2023-11-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +13 min

After three years of record growth, luxury companies are feeling the pain as sales slow to a more normal pace. Nowhere have the struggles of the luxury sector been more prominent than in the French conglomerate LVMH Moet Hennessy Louis Vuitton , the group's bellwether. This dynamic tends to hurt the less-prestigious luxury brands more, according to Rogerio Fujimori, an analyst at Stifel. "Chinese [consumers] are back to Southeast Asia and Japan, but there's still a long way to go in terms of Europe. LVMH and other European luxury brands have been market leaders among European equities since 2021 until the first half of 2023.

Persons: Richemont, Burkhart Grund, LVMH Moet Hennessy Louis Vuitton, Gucci, Ashley Wallace, Bernstein, Luca Sola, Rogerio Fujimori, Fujimori, Wallace, Stifel's Fujimori, there's, Richemont's Grund, —, Fujimori foresees, we've, Hermes, Brunello, Thomas Chauvet, Louis Vuitton, Brunello Cucinelli, LVMH, Dior, Markus Hansen, Hansen, America's Wallace, It's, Vontobel's Hansen, — CNBC's Michael Bloom Organizations: Cartier, Bank of America, U.S, U.S ., EU, Europe, Citi, Bank, Gucci, Bottega Locations: U.S, Europe, Japan, China, Southeast Asia, China's, Thursday's, Kering

☆ ‘Timepiece Gentleman’ Swindled Customers Out of $3 Million, U.S. Says
▼ + stars: | 2023-11-09 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: +1 min

Mr. Farrer then would either not produce the watches or would “send a completely different watch,” according to prosecutors. At the same time, they added, Mr. Farrer kept for himself the proceeds from the watches that he did sell. In one case, Mr. Farrer gave one of his customers a Rolex watch in lieu of the money he owed him. “I’ve lied to my clients. I’ve lied to my friends.

Persons: Farrer, Mr, “ I’ve, ”, I’ve Organizations: Rolex Locations: Texas, Los Angeles

☆ Former Apple designers launch $700 Humane AI Pin as smartphone replacement
▼ + stars: | 2023-11-09 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

The Humane AI Pin is designed to replace your smartphone, allowing the user to make calls, send texts and look up information through voice controls. Humane said it will begin taking orders for the AI Pin on Nov. 16. The AI Pin has a built-in speaker and camera, and a light flashes when those functions are turned on. Users can access AI services from the internet, rather than downloaded apps. Microsoft, Google , OpenAI, and other companies are contributing AI services, the company said.

Persons: Imran Chaudhri, Bethany Bongiorno, Chaudhri, Sam Altman, Marc Benioff, Bongiorno, Brad Gerstner Organizations: Apple, Mobile, Microsoft, Tiger Global, Qualcomm, Qualcomm Ventures, Google

☆ Opinion: Do Palestinian lives matter to the world?
▼ + stars: | 2023-11-09 | by ( Matt Wells | Opinion Hani Almadhoun | ) edition.cnn.com time to read: +6 min

He grew up in Gaza, where his family still lives. As I witness the surreal and staggering devastation on the streets of Gaza, where my parents live, and the tragic loss of more than 10,000 Palestinian lives unfolding in real time, my heart keeps sinking. The updates deepen our despair, leaving Palestinians to bear the weight of these atrocities, while the world watches. Do Palestinian lives matter to the world? Do Palestinian lives matter to the world?

Persons: Hani Almadhoun, Read, CNN —, Belal Khaled, Ahmad, “, ”, Yazan, Omar, Joe Biden Organizations: United Nations Relief, Works Agency, CNN, Getty, Works Agency for Palestine Refugees, USA, Al, Azhar University Locations: Gaza, Virginia, Al, Israel

☆ A beginner's guide to investing in art — that won't break the bank
▼ + stars: | 2023-11-09 | by ( Lucy Handley | ) www.cnbc.com time to read: +10 min

Will Ramsay, founder and CEO of the Affordable Art Fair, which puts on exhibits worldwide, said collecting art is easier than people might think. However, contemporary art is likely to increase in value over the long term, Diament said. There's also a satisfaction in buying something from a living artist, Diament said. "Some people like color, other people like to focus on drawings without color … you have people who collect just one artist," Taylor said. Provenance — which refers to the history and ownership of a piece — is often an important consideration when buying art.

Persons: Nicholas Bowlby, Puja Bhatia, You've, Karen Taylor, Taylor, Maria Artool, Will Ramsay, Robert Diament, Diament, you'll, Tracey Emin, Carlotta Cardana, There's, Knight Frank, Knight, Ramsay, Eileen Agar, Jeff Spicer, George Romney, Voltaire, Magda Archer, Ella Kruglyanskaya, Carl Freedman, Benjamin Senior, Richard Parkes Bonington, Judith Burrows, he'd, It's, Artool, Isabelle Paagman, Sotheby's, Paagman, Shepard Fairey Organizations: CNBC, Fair, of, Bloomberg, Getty, Knight, Investment, Art Market Research, Whitechapel Gallery, Art, San, Wallace Locations: London, U.K, British, Austin, Berlin, Brisbane, Latvian, Britain, Venice, American, Europe, Italy, Paris, France

India is considering a policy to mandate equipping smartphones with hardware to receive live TV signals without the need for cellular networks. It has proposed use of so-called ATSC 3.0 technology popular in North America that allows precise geo-locating of TV signals and provides high picture quality. The policy pushback is the latest from firms operating in India's smartphone sector. For India's government, the live TV broadcast features are a way to offload the congestion on telecom networks due to higher video consumption. Samsung tops India's smartphone market with a 17.2% share, while Xiaomi follows with a 16.6% share, according to research firm Counterpoint.

Persons: Shailesh Andrade, Munsif Vengattil, Aditya Kalra, Raju Gopalakrishnan Organizations: REUTERS, Samsung, Qualcomm, Reuters, Ericsson, Nokia, India Cellular and Electronics Association, Apple, Thomson Locations: Mumbai, India, DELHI, North America, South Korea, United States

☆ Some kids are genetically predisposed to poor sleep, study finds
▼ + stars: | 2023-11-08 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

CNN —Establishing healthy bedtime habits for your child early on is vital if at least one parent has chronic sleep difficulties, suggests new research on genetics and children’s sleep disorders. It does, say experts behind the first study providing evidence that genetic susceptibility to being a “poor sleeper” can also be found early in life. Children genetically predisposed to insomnia had more insomnia-related sleep issues such as difficulty falling asleep or frequently waking up during the night, according to the study published Wednesday in the Journal of Child Psychology and Psychiatry. “You would think that, sure, if it’s genetically determined, why wouldn’t it manifest earlier in life?”Good sleep hygiene for kidsThere is still hope for your child’s sleep health. “If your child is a natural late sleeper, then don’t force them to go to sleep early,” Sehgal added.

Persons: Catherine Falls, ”, Eus van Someren, —, they’re, Amita Sehgal, wasn’t, Sehgal, “, Desana, ” Kocevska, they’ve, ” Sehgal Organizations: CNN, Child Psychology, Psychiatry, Getty, Netherlands Institute for Neuroscience, Sleep Institute, University of Pennsylvania Perelman School of Medicine, Erasmus Medical Center Locations: Catherine, Amsterdam, Rotterdam, Netherlands

☆ Watches of Switzerland shares up 9.7% as retailer reiterates plan to double profit by 2028
▼ + stars: | 2023-11-07 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc's biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a rival, Bucherer AG. The firm on Tuesday reported a tick up in revenue to £379 million ($467 million) from £374 million in the most recent quarter. Sales of watches rose, while jewellery declined. The stock took a particular hit in August, after rival Rolex announced a deal to buy watch retailer Bucherer, fueling fears of an industry juggernaut taking more market share.

Persons: Jose Sarmento Matos, Brian Duffy Organizations: Omega SA, Switzerland Group, Switzerland Group Plc's, Rolex SA, Bucherer AG, Bloomberg, Getty, Investors, Rolex Locations: London, Switzerland, U.S, Europe

The company's shares cost more than $400 two years ago but now cost less than $1. Australia's S&P/ASX 200 fell 0.3% to 6,977.10 after the central bank raised its key interest rate by 0.25 percentage points, to 4.35%. Elsewhere in Asia, shares rose in Taiwan but fell in Bangkok and Mumbai. Last week, the Federal Reserve held its main interest rate steady for a second straight time, leaving it at its highest level since 2001. It’s jacked up its federal funds rate from nearly zero in hopes of getting high inflation under control.

Persons: Korea’s Kospi, WeWork, Australia's, RBA, It’s, Brent Organizations: —, Tokyo's Nikkei, Reserve Bank of Australia, Dow Jones, Nasdaq, Treasury, Federal Reserve, Fed, New York Mercantile Exchange, U.S Locations: BANGKOK, Asia, Hong Kong, Tokyo, Shanghai, China, it's, Seoul, Taiwan, Bangkok, Mumbai, U.S, Saudi Arabia, Russia

☆ For TikTok, He Asks You to Talk About Your Rolex or Patek
▼ + stars: | 2023-11-07 | by ( Ming Liu | ) www.nytimes.com time to read: +1 min

He now makes his living as a dealer; his videos are not sponsored by watch brands or industry organizations, but he does benefit from TikTok’s Creator Fund, which pays makers based on criteria such as views and engagement. Mr. Nouveau said he was inspired to join TikTok after seeing the success of men’s fashion influencers. He stayed off camera for his first video, which, in 56 seconds, featured a man talking about his 1968 Rolex Day-Date. But by his third post, Mr. Nouveau decided to go on camera. “Quickly I realized that while the ‘Watch Spotting’ was cool, there was an audience who was curious about collectability.”The age of his followers, he said, also was an eye-opener: “Suddenly, all these kids aged 16 to 30 were asking me, ‘Where do I buy vintage watches?’, ‘How do I find a good dealer?’, ‘My grandfather left me these 12 Patek Philippes — what do I do with them?’ An entire generation of young people, the ones that make up like most of the TikTok audience, were being ignored by the vintage watch community.”(According to the market research firm GWI, TikTok is the fastest growing platform worldwide among Gen Zers — except in China, where the domestic version, called Douyin, takes the crown — even though the oldest Gen Zers top out at 25 years old, and the average age of TikTok’s users is 34.)

Persons: Nouveau, “ Quickly, ‘, Zers —, Zers Locations: China

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