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☆ Astronauts, ecologists, and bands are splashing out up to $100,000 on luxury custom-made globes
▼ + stars: | 2023-07-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Bellerby is a luxury London globemaker that counts astronauts, YouTubers, and artists among its customers. One customer even asked for a globe to be made as a urn for her father with his ashes inside. Euan Myles/Bellerby & Co GlobemakersMost of the cost comes from the labor required to make the intricate globes by hand. All Bellerby's globes are "entirely bespoke," with illustrations painted on by hand, head globemaker Eddy da Silva told Insider. They also added some illustrations, including a mastodon, a giant ground sloth, a glyptodon, and a woolly mammoth.

Persons: Marc Mitchell, Euan Myles, Bellerby, globemaker Eddy da Silva, Martin, Hugo, They've, Toby Essex, Peter Bellerby, Fenster, Reinhold Würth, he'd, globemakers, de Silva Organizations: Service, Bellerby, CliQQ, Würth Locations: London, Wall, Silicon, Peru, Cambodia, Polynesia, St, Kitts

☆ Once Wary, Biden to Host Italy’s Meloni at the White House
▼ + stars: | 2023-07-27 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +2 min

In forming a coalition government after last September’s elections, Ms. Meloni became the first far-right nationalist to lead Italy since Benito Mussolini. Like the former president, Ms. Meloni came to office with a long record of skepticism of Western alliances. But Ms. Meloni has shown that she is in charge when it comes to Ukraine. To Washington’s delight, Ms. Meloni has been drawing away from China. Valbona Zeneli, a senior fellow at the Atlantic Council’s Europe Center, said Western leaders misjudged Ms. Meloni after her election.

Persons: Brothers, Meloni, Benito Mussolini, Biden’s, Donald J, Trump, “, Viktor Orban, Matteo Salvini, Silvio Berlusconi, ” Mr, Berlusconi, Vladimir V, Putin, Valbona Organizations: Conservative Political, Conference, Council’s Locations: Italy, Italian, United States, Germany, France, Russia, Moscow, Ukraine, China, Beijing

☆ I'm more worried about prolonged anemic growth than hard of soft landing: Bleakley’s Peter Boockvar
▼ + stars: | 2023-07-25 | 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 EmailI'm more worried about prolonged anemic growth than hard of soft landing: Bleakley’s Peter BoockvarPeter Boockvar, Bleakley Financial Group CIO, and Allen Sinai, Decision Economics president and former Lehman Brothers chief economist, join 'Squawk Box' to discuss the Fed's rate hike campaign, whether a soft landing can be achieved, and more.

Persons: Peter Boockvar Peter Boockvar, Allen Sinai Organizations: Bleakley Financial, Lehman Brothers

☆ Biden Takes His Battle for Democracy Case by Case
▼ + stars: | 2023-07-25 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden has made it his mission to wage what he momentously calls “the battle between democracy and autocracy.” But what to do when the ones he believes are undermining democracy are friends? In the case of Israel, where Prime Minister Benjamin Netanyahu on Monday pushed through Parliament new curbs on an independent judiciary, Mr. Biden has chosen to speak out. The vote in Jerusalem, he declared, was “unfortunate,” the fourth time in a week he chastised Mr. Netanyahu for his drive to enhance his own power. But the president’s battle for democracy can be situational when it comes to America’s allies. Crown Prince Mohammed bin Salman of Saudi Arabia was rewarded with a visit and a presidential fist bump despite his murderous reign.

Persons: Biden, Benjamin Netanyahu, Mr, Netanyahu, Narendra Modi, Prince Mohammed bin Salman, ”, David J, Kramer, George W, Bush, “ Organizations: Monday, India, White Locations: Israel, Jerusalem, Saudi Arabia

Every president — even the most outspoken supporters of Israel — has quarreled with Israeli prime ministers at one point or another. Despite recognizing Israel, Mr. Truman refused to sell the new state offensive arms, as did his two successors. Mr. Netanyahu has been at the heart of many disputes in the last few decades. When he was deputy foreign minister, his public criticism of the United States in 1990 prompted an angry Secretary of State James A. Baker III to bar Mr. Netanyahu from the State Department. Once Mr. Netanyahu became prime minister, Bill Clinton was so turned off after their first meeting in 1996 that he asked aides afterward, “Who’s the superpower here?” using an expletive for emphasis.

Persons: Robert B, “, Harry S, Truman, —, Israel —, Israel, Dwight D, Eisenhower, Ronald Reagan, George H.W, Bush, Netanyahu, State James A, Baker, Bill Clinton, Barack Obama, Donald J, Trump, Mr, Biden Organizations: Washington Institute for Near East, State, State Department, Mr Locations: Israel, United States, U.S, Egypt, Suez, Saudi Arabia, Iran

☆ Big Tech and homebuilder trades getting earnings ‘reality check,’ says investor Peter Boockvar
▼ + stars: | 2023-07-20 | 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 EmailBig Tech and homebuilder trades getting earnings ‘reality check,’ says investor Peter BoockvarPeter Boockvar, Bleakley Financial Group, Chief Investment Officer, joins 'Fast Money' to talk earnings season, the state of A.I. trades, the strength of the market rally and more.

Persons: ’, Peter Boockvar Peter Boockvar Organizations: Tech, Bleakley Financial Group, Chief Locations: A.I

☆ Marriott enters licensing deal with MGM to boost presence in Las Vegas strip
▼ + stars: | 2023-07-17 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +2 min

[1/3] Logo of Marriott hotel is seen in Vienna, Austria April 9, 2018. REUTERS/Heinz-Peter Bader/File Photo/File PhotoJuly 17 (Reuters) - Marriott International (MAR.O) said on Monday it entered a 20-year licensing agreement that will allow its loyalty members to earn and redeem existing points for booking stays at MGM Resorts International's (MGM.N) properties. The pair launched "MGM Collection with Marriott Bonvoy," which will allow members of the Marriott Bonvoy rewards program to earn and redeem points for stays at 17 MGM resorts across the United States and Canada. MGM's 40 million members will gain access to the Bonvoy loyalty program. Marriott will earn fees on total room revenue on the MGM Resorts that are part of the agreement, Marriott CEO Anthony Capuano said.

Persons: Heinz, Peter Bader, Marriott, Kate Xiao, Bill Hornbuckle, Bernstein's Xiao, Anthony Capuano, Barry Jonas, Aishwarya Nair, Shweta Agarwal, Will Dunham Organizations: REUTERS, Marriott, MGM Resorts, MGM, Cosmopolitan, Bernstein Hotels, Reuters, Truist Securities, Thomson Locations: Vienna, Austria, United States, Canada, Las Vegas, Marriott's, Bengaluru, Doyinsola, New York

☆ Biden’s ‘Final’ Order on Kennedy Files Leaves Some Still Wanting More
▼ + stars: | 2023-07-16 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

On June 22, 1962, an intelligence official drafted a memo summarizing a letter intercepted between Lee Harvey Oswald and his mother. The memo was made public long ago. Now it can finally be told: According to an unredacted copy of the memo released recently by the government, the official who intercepted Oswald’s mail for the C.I.A. in the months before President John F. Kennedy was assassinated was named Reuben Efron. Going forward, agencies will decide any future disclosures that may be warranted by the passage of time.

Persons: Lee Harvey Oswald, John F, Kennedy, Reuben Efron, Oswald, Biden Organizations: Congress

[1/2] United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023. REUTERS/Rebecca Cook/File PhotoDETROIT, July 13 (Reuters) - United Auto Workers President Shawn Fain is not a shouter. When he addresses union members in Facebook videos, or appears in public, he rarely raises his voice. "The only real limits we have are the ones we place on ourselves," he told union members in a video address on Tuesday. LONG-TERM TECHNOLOGY THREATSThe UAW president is unsparing in criticism of his immediate predecessors - two of whom, Dennis Williams and Gary Jones, were convicted of corruption.

Persons: Shawn Fain, Rebecca Cook, Fain, I’ve, Malcolm X, Bernie Sanders, Dennis Williams, Gary Jones, “ We’re, Matt Frantzen, “ He’s, Frantzen, Tesla, Peter Berg, Joe White, Ben Klayman, Bianca Flowers, David Shepardson, Matthew Lewis Organizations: United Auto Workers, Sterling Heights Assembly, REUTERS, DETROIT, UAW, Detroit, General Motors, Ford, EV, GM, Teamsters, United Parcel Service, Toyota, Michigan State University, Thomson Locations: Sterling Heights, Sterling Heights , Michigan, U.S, Washington, Belvidere , Illinois, Hollywood, California, Detroit, Chicago

☆ No one wants Subway
▼ + stars: | 2023-07-13 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

The move comes as Subway has seen its store count decline by the hundreds over the years. In late January, Buck's foundation, where his two sons work, revealed that the late co-founder had left the charity his 50% stake in Subway . Subway has spent the past few years trimming corporate staff and closing stores under CEO John Chidsey. Despite previous years of slumping sales and store closures, Subway has recently gained some momentum. Are you a Subway insider or franchisee with insight to share?

Persons: Trevor Haynes, Haynes, Peter Buck, John Chidsey, Subway's Organizations: Subway, NY Post, Service, nab, New York Post, Bloomberg, Post Locations: Wall, Silicon, Buck's, Subway

☆ The Fed needs to be stubborn with keeping rates higher for longer, says Bleakley's Peter Boockvar
▼ + stars: | 2023-07-12 | 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 EmailThe Fed needs to be stubborn with keeping rates higher for longer, says Bleakley's Peter BoockvarSandy Villere, Villere and Co. partner, and Peter Boockvar, Bleakley Financial Group CIO, join 'The Exchange' to talk the Federal Reserve, the latest CPI report and more.

Persons: Bleakley's Peter Boockvar Sandy Villere, Peter Boockvar Organizations: Bleakley Financial, Federal Reserve

☆ Opinion: The election that couldn’t happen in high school
▼ + stars: | 2023-07-09 | by ( Richard Galant | ) edition.cnn.com time to read: +15 min

CNN —In the classic 1999 film, “Election,” the high school student government vote has everything: naked ambition, campaign poster shredding, ballot manipulation, infidelity and more. But what the gifted writer Tom Perotta likely couldn’t imagine was an election in which two unpopular candidates square off for president. That doesn’t happen in high school, even in a satirical movie. The president supports stripping that state of its first-in-the-nation primary status in favor of South Carolina, the state that energized Biden’s 2020 campaign. “In the runup to the 2024 elections, Democrats plan to put the Supreme Court on trial,” wrote David Mark.

Persons: Reese Witherspoon, Tracy Flick, ” Matthew Broderick, Jim McAllister, Tracy, Tom Perotta, Joe Biden, Donald Trump, Trump, Harry Enten, “, Julian Zelizer, ” Biden, Biden, specter, … ” Dana Summers, Robert F, Kennedy Jr, — Lyndon Johnson, Jimmy Carter, George H.W, Bush —, Kennedy, ”, MAGA, Sen, Lindsey Graham’s, Trump’s, Dean Obeidallah, Graham, Michael Flynn, Flynn, Peter Bergen, Erik German, Bill Bramhall, ” “ Flynn, ‘, America’s, …, Geoff Duncan, Drew Sheneman, Roe, Wade, David Mark, … ” Lisa Benson, GoComics.com, Biden romped, Jack Ohman, Kara Alaimo, Coles Whalen, ’, Alice Driver, Clay Jones, Mark Zuckerberg, Elon Musk, Meta, David Zurawik, Victoria, Olesya Khromeychuk, Victoria Amelina, Andrei Kartapolov, Sharp, ” Khromeychuk, ” Don’t, Sheikh Mohammed Al, Issa, David A, Nicole Hemmer, Jill Filipovic, Sonia Pruitt, Lynda Lin Grigsby, Sara Stewart, Jharrel Jerome, Boots Riley, Holly Thomas, Phoebe Waller, Indiana Jones, Harrison Ford, He’s, goddaughter Helena, Archimedes, Jones, Waller Organizations: CNN, Capitol, Trump, Biden, Agency, Republicans, RFK Jr, New, ”, FBI, Economic, Republican National, Republican Party, GOP, Democratic, McKinsey & Company, Twitter, Facebook, Russian Duma Defense, Hollywood, “, Indy Locations: New Hampshire, South Carolina, ” Bergen, German, Davos, Georgia, California, “, Russian, Ukrainian, Kramatorsk, Ukraine, New York, Donetsk, Auschwitz, Here’s, Oakland , California

☆ Analysis: How Michael Flynn went down the conspiracy theory rabbit hole
▼ + stars: | 2023-07-08 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +13 min

When you have General Flynn and Sidney Powell suggesting somehow the military should indeed seize voting machines. As we say in the podcast, Trump called him publicly at a recent conference in May, where he vowed to bring back Mike Flynn again, implying that Flynn would be part of his national security team. WOLF: Do you have any insight into how this kind of conspiracy theory fever afflicts a person? Why does it happen to Michael Flynn and not retired Army Gen. Stanley McChrystal, who I learned from your podcast was a mentor to Flynn in Afghanistan? From intelligence work to conspiracy theoriesWOLF: You talk in the podcast about encountering Flynn in his previous line of work – somebody involved in the intelligence community.

Persons: Donald Trump, Trump, Rudy Giuliani, Sidney Powell, Michael Flynn, Patrick Byrne, Giuliani, Powell, Flynn, Byrne, Jack Smith, Peter Bergen, ”, who’s, Smith, WOLF, “, ” He’s, President Trump, Mike Flynn, It’s, Covid, Stanley McChrystal, Richard, Hofstadter, ” There’s, that’s, You’ve, they’re, Vladimir, Putin, That’s, Obama, Hillary Clinton, John Locher, Osama bin Laden Organizations: CNN, … Prosecutors, Trump, Twitter, New, Apple, Spotify, White, Defense Intelligence Agency, World Economic, Army, State Department, Republican, New America, Oklahoma, Oklahoma City, Black Panthers, Puerto Locations: New America, Bergen, BERGEN, Washington ,, United States, America, Davos, Switzerland, Afghanistan, Russian, Ukraine, Bedford , New Hampshire, New York, Miami, Puerto Rican

☆ Royal destinations you need to visit in the UK
▼ + stars: | 2023-07-07 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +8 min

A version of this story appeared in the July 7 edition of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. Research in 2011 by Visit Britain found that around 60% of tourists to the UK are likely to visit places associated with the royal family, according to Ross Bennett-Cook, a visiting lecturer at the School of Architecture and Cities at London’s University of Westminster. While there is no more recent data on royal sites specifically, in 2022 Visit Britain found that history and heritage were the biggest pull factors for tourists. Peter Titmuss/UCG/Universal Images Group/Getty ImagesCornwall: Dear to local and international tourists alike, Cornwall, on the southwestern tip of the UK pointing out into the Atlantic Ocean, is also a special destination for the royal family. The medieval parish church of St Mary Magdalene is regularly used as a place of worship by members of the royal family and dates back to the 16th-century.

Persons: Ross Bennett, Cook, we’ve, Queen Elizabeth II, King Charles III, William the, Edward III, Prince Harry, Prince Philip, Peter Titmuss, Duke of Cornwall, Prince William, Mary Magdalene, Bauer, Griffin, Queen, King George VI, Queen Victoria . Prince Albert, Queen Victoria, Andrew Milligan, Prince Albert, daytrippers, Mary Queen of Scots, It’s, Peter Byrne, King Charles, Prince of Wales, Work, wasn’t, King Edward I, Wales, Edward II, Tim Rooke, King George IV, Albert, There’s, shouldn’t Organizations: CNN’s Royal, CNN, Wimbledon, School of Architecture, London’s University of Westminster, Guard, Getty, Radcliffe, Sandringham, Sandringham House, Queen, Highlands, Scottish, Caernarfon, Royal Palaces Locations: Europe, London, Windsor, St, George’s, Duchy, Cornwall, Lostwithiel, UK, British, England, Scilly, Sandringham, Norfolk, Royal Parkland, Scotland, Cairns, Edinburgh, Holyroodhouse, Scottish, Caernarfon, Wales, Menai, Anglesey, Prince, Hillsborough, Northern Ireland, Brighton, Isle of Wight, Osborne

☆ Investor confidence dissipating ahead of 'reality check' earnings season, says Peter Boockvar
▼ + stars: | 2023-07-06 | 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 EmailInvestor confidence dissipating ahead of 'reality check' earnings season, says Peter BoockvarPeter Boockvar, Bleakley Financial Group CIO and CNBC's Dominic Chu, join 'The Exchange' to discuss the bond market's recent performance, if investors are confident in the situation with the banks, and much more.

Persons: Peter Boockvar Peter Boockvar, CNBC's Dominic Chu Organizations: Bleakley Financial

☆ Opinion: Trump’s enthusiasm for bringing back Michael Flynn is a revealing sign
▼ + stars: | 2023-07-06 | by ( Opinion Peter Bergen | Erik German | ) edition.cnn.com time to read: +9 min

Which raises the question: Who would Trump bring back into his orbit should there be a second Trump term? Flynn was handsomely repaid by Trump when he won the 2016 presidential election, gaining the critical position of national security adviser. That is, they agree or strongly agree with statements such as “the federal government should declare the US a ‘Christian nation….’”The “ReAwaken America Tour”The ReAwaken America crowd looks to be a highly energized vanguard within this population. For an Audible podcast that we produced about Flynn and his role in ReAwaken America, Clark told us he considers Flynn “to be kind of like a father figure to [him],” and he hopes that Flynn will be Trump’s vice-presidential candidate. On tour, Flynn is dubbed, without irony, “America’s general,” and, at the event we attended in May, America’s general was the unquestionable star of the show.

Persons: Peter Bergen, Peter Bergen ”, Erik German, “, Donald Trump, can’t, Trump, Michael Flynn, Flynn, We’re, Flynn wouldn’t, Mike Pence, Joe Biden, ”, Andrew Whitehead, Samuel Perry, Paul Djupe, Jacob Dennen, Donald, ’, Clay Clark, Clark, Flynn “, America’s, …, Klaus Schwab, Schwab, I’m, ” Flynn, he’s Organizations: New, Arizona State University, Apple, Spotify, CNN, White House, Trump, Peter Bergen CNN, Trump National Doral Hotel, Republican, FBI, White, Denison University, Economic, America, Twitter, Facebook, Miami Locations: New America, Miami, Afghanistan, Iraq, Russian, America, Oklahoma, ReAwaken America, Davos, Switzerland

☆ Higher rates for longer will create a 'death by one thousand cuts economy': Bleakley’s Boockvar
▼ + stars: | 2023-07-05 | 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 EmailHigher rates for longer will create a 'death by one thousand cuts economy': Bleakley’s BoockvarPeter Boockvar, Bleakley Financial Group CIO, joins 'Fast Money' to talk revelations from the Fed minutes, what is ahead for the central bank, and more.

Persons: Bleakley’s, Peter Boockvar Organizations: Bleakley Financial

☆ Exclusive: Insurers look to ease UN climate alliance rules after member exodus - sources
▼ + stars: | 2023-07-04 | by ( Tommy Wilkes | ) www.reuters.com time to read: +5 min

The U.N.-convened Net-Zero Insurance Alliance (NZIA) is set to remove a six-month deadline for members to publish greenhouse gas emissions targets alongside other changes to make membership less prescriptive, the sources said. The hope is to "steady the ship" and create space for ex-members to consider returning later, they said. The changes under discussion have not been finalised, the sources said, and it's not clear how the alliance would deal with insurers that drag their feet in publishing targets. Remaining members believe the NZIA still has a valuable role, and point to methodologies it developed for assessing and reporting on underwriting-linked emissions. France's AXA, which chaired the NZIA before quitting in May, last week published its first emissions goals for its insurance portfolio.

Persons: Italy's, Peter Bosshard, Bosshard, Canada's Beneva, Tommy Reggiori Wilkes, Greg Roumeliotis, Simon Jessop, Emelia, David Evans Organizations: Zero Insurance Alliance, United, Zero Insurance, AXA, Tokio, Republican, Glasgow Financial Alliance, Aviva, Alliance, Insurance Australia Group, France's AXA, Thomson Locations: United Nations, London, United States, U.S

☆ Why Iran and Cuba Turned Their Back on the U.S. - The New York Times
▼ + stars: | 2023-07-03 | by ( Peter Beinart | ) www.nytimes.com time to read: +3 min

One reason Cuba still needs Beijing’s money is that the Biden administration has kept key Trump sanctions in place. When the two countries signed the 2015 nuclear deal, Iran’s foreign minister at the time, Mohammad Javad Zarif, called it “not a ceiling but a solid foundation. We must now begin to build on it.” Iran’s leaders, like Cuba’s, hoped better relations with the United States would spur Western investment. Mr. Trump canceled the nuclear deal and reimposed harsh sanctions. This isn’t the first time the United States has driven smaller nations into the arms of its superpower adversaries.

Persons: Obama, Conan O’Brien, Andrew Cuomo, Steve Nash, Michael J, Bustamante, ’, Donald Trump, Evan Ellis, Biden, Mohammad Javad Zarif, ”, Zarif, Hassan Rouhani, Trump, ” Fredrik Logevall, Ho, Ho Chi Minh, Viet Minh Organizations: University of Miami, White, Wall Street, Cuban, U.S . Army, College, Trump, National Security, Strategic Services, Japan Locations: Cuban, Havana, University of Miami Cuba, Cuba, America, China, Iran, United States, Moscow, Russia, Ho Chi, France, Viet

☆ To Foreign Policy Veteran, the Real Danger Is at Home
▼ + stars: | 2023-07-01 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

In addition to consultant work, he wants to spend much of the next chapter of his life promoting the teaching of civics. “My own trajectory has changed,” he observed during a pair of interviews summing up two decades at the council. It is a clubby world, of course, one that invariably leads to charges of elitist groupthink or even conspiracy theories. For his final appearance as president of the council this past week, Mr. Haass interviewed Secretary of State Antony J. Blinken onstage and online, the 27th secretary of state to appear before the council. “It’s hard to think of anyone who’s done more to make this institution what it is,” Mr. Blinken said, praising his host.

Persons: Haass, “, ”, it’s, Donald J, Trump, Antony J, Blinken, who’s, ” Mr Organizations: Citizens

☆ House hunting is already tough. Guess what? It's about to get harder
▼ + stars: | 2023-06-29 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

The number of homes for sale this month was actually 7% higher than June of last year, according to Realtor.com. An even tighter housing market ahead means home prices are unlikely to cool. They began to fall because mortgage rates had doubled in a matter of months. "Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing," NAR's chief economist, Lawrence Yun, said in a release. Higher mortgage rates have been less of a factor, as builders, some of whom have their own mortgage arms, have been buying down rates for buyers.

Persons: Craig Lazzara, DJI, Lawrence Yun, hadn't, Peter Boockvar Organizations: Mortgage News Daily, National Association of Realtors, Census, Builders, Bleakley Financial

☆ Audi names Volkswagen strategy chief Doellner as new CEO
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

FRANKFURT, June 29 (Reuters) - Volkswagen's (VOWG_p.DE) Audi named the German group's strategy chief as its new CEO on Thursday, as the luxury carmaker seeks to catch up with rivals in the dash towards electrification, including in China, the world's top car market. Gernot Doellner, who replaces Markus Duesmann, will become CEO with effect from September, Audi said, after the luxury automaker's supervisory board passed a resolution on Thursday. Doellner is a Volkswagen Group veteran who joined the company as a doctoral student in 1993 and rose through the ranks to become head of product development at Porsche. He headed up the Panamera series from 2011 to 2018 and became head of product strategy at Volkswagen AG in 2021. "Audi is a fantastic company with a rich history," Doellner said, adding: "I look forward to shaping the company's future together with the entire team at Audi."

Persons: Gernot Doellner, Markus Duesmann, Doellner, Oliver Blume's, Bentley, Peter Bosch, Christina Amann, Jan Schwartz, Ilona Wissenbach, Christoph Steitz, Victoria Waldersee, Tom Sims, Emma Rumney, Hans Seidenstuecker Organizations: Audi, Volkswagen Group, Porsche, Volkswagen AG, Volkswagen, BMW, Mercedes, Benz, Thomson Locations: FRANKFURT, China

☆ Watch CNBC's full interview with PIMCO's Libby Cantrill and Bleakley Financial's Peter Boockvar
▼ + stars: | 2023-06-28 | 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 CNBC's full interview with PIMCO's Libby Cantrill and Bleakley Financial's Peter BoockvarCNBC's Emily Wilkins, PIMCO's Libby Cantrill, and Bleakley Financial's Peter Boockvar join 'The Exchange' to discuss markets joins 'Halftime Report' to discuss Biden's policy agenda, the President's plans for fiscal stimulus, and efforts to raise Americans awareness about policy improvements.

Persons: PIMCO's Libby Cantrill, Bleakley, Peter Boockvar, Emily Wilkins

☆ Biden's embracing economic scorecard despite risks of downturn, says PIMCO's Libby Cantrill
▼ + stars: | 2023-06-28 | 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 EmailBiden's embracing economic scorecard despite risks of downturn, says PIMCO's Libby CantrillCNBC's Emily Wilkins, PIMCO's Libby Cantrill, and Bleakley Financial's Peter Boockvar join 'The Exchange' to discuss markets joins 'Halftime Report' to discuss Biden's policy agenda, the President's plans for fiscal stimulus, and efforts to raise Americans awareness about policy improvements.

Persons: PIMCO's Libby Cantrill, Emily Wilkins, Bleakley, Peter Boockvar

☆ Fact Check-Shahzada Dawood, who died on Titanic sub, was not a WEF vice chairman
▼ + stars: | 2023-06-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

Businessman Shahzada Dawood, a passenger on the deep-sea Titan submersible destroyed during a dive to the Titanic wreckage, who is now confirmed dead, was not vice chairman of the World Economic Forum (WEF), as claimed in social media posts. One user who shared the claim on Twitter said: “One of the passengers on the Titan submarine is Pakistan billionaire Shahzada Dawood - The Vice Chairman of the World Economic Forum Coincidence? Dawood is not listed as a board member or employee of the WEF via the organization's website (here). A search for Dawood via the WEF website reveals that he was listed as an attendee at various WEF meetings in his capacity as Director of Dawood Hercules Corporation (here). Shahzada Dawood who died on the destroyed Titan submersible was not a Vice Chairman of the World Economic Forum (WEF).

Persons: Shahzada Dawood, Dawood, Suleman, “, ” Yann Zopf, ”, Peter Brabeck, Zopf, Read Organizations: Economic, Twitter, Coast Guard, Reuters, Trustees, Business, Dawood Hercules Corporation Locations: Pakistan

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