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☆ Possible Hate Crime Reported at Stanford University
▼ + stars: | 2023-11-05 | by ( Ginger Adams Otis | ) www.wsj.com time to read: 1 min

At Stanford University, campus police added to patrols and security after Hamas’s Oct. 7 attack on Israel. Photo: David Paul Morris/Bloomberg NewsAn Arab Muslim student at Stanford University said he was hurt in a campus hit-and-run and California authorities are investigating it as a potential hate crime, according to the university. The student said he was crossing a street on foot Friday afternoon when the incident occurred, Stanford’s Department of Public Safety said. According to the university, which identified the victim as an Arab Muslim, the student told authorities that the driver made eye contact before accelerating and striking him. He said the driver shouted an obscenity at him, then left the area, the university said.

Persons: David Paul Morris Organizations: Stanford University, Bloomberg, Stanford’s Department of Public Safety Locations: Israel, Arab, California

In total, the cancellations equate to nearly one-fifth of President Joe Biden’s goal of 30 gigawatts of offshore wind power by 2030. Despite the setbacks, offshore wind continues to move forward, the White House said, citing recent investments by New York state and approval by the Interior Department of the nation’s largest planned offshore wind farm in Virginia. Hardy spoke at the American Clean Power industry group’s offshore wind conference in Boston last month on a panel with Morris. Phil Murphy, has established increasingly stringent clean energy goals, moving from 100% clean energy by 2050 to 100% by 2035. “Offshore wind is a lot bigger than Ørsted.”The first U.S. commercial-scale offshore wind farms are currently under construction: Vineyard Wind off Massachusetts and South Fork Wind off Rhode Island and New York.

Persons: jeopardizing, Ørsted, Joe Biden’s, Biden, Timothy Fox, “, Molly Morris, David Hardy, Hardy, Morris, “ We’re, ”, Walt Musial, Musial, Conor Bambrick, Phil Murphy, Murphy, Catherine Klinger, Catherine Bowes, ″ Bowes, Michael Brown, ” ___ McDermott Organizations: WASHINGTON, Biden, Interior Department, Interior’s Bureau of Ocean Energy Management, Industry, ClearView Energy Partners, Ørsted, American Clean, National Renewable Energy Laboratory, Energy Department, P, Environmental, ., Democratic Gov, New, U.S, Offshore, Ocean, ___, AP Locations: New Jersey, U.S, Danish, New England, Massachusetts, Connecticut, New York, Virginia, Interior’s, Gulf of Mexico, East Coast, Washington, Norwegian, Jersey, United States, Boston, Europe, Virginia Beach, Rhode Island, . New Jersey, Rhode, North America, Providence , Rhode Island, Hill, Albany , New York, Catalini, Trenton , New Jersey

☆ Mark Zuckerberg Undergoes Surgery for Knee Injury
▼ + stars: | 2023-11-03 | by ( Salvador Rodriguez | ) www.wsj.com time to read: 1 min

Meta Platforms CEO Mark Zuckerberg has spoken often about his passion for mixed martial arts. Photo: David Paul Morris/Bloomberg NewsMeta Platforms Chief Executive Mark Zuckerberg said Friday he underwent surgery due to a knee injury sustained while training in mixed martial arts. Zuckerberg, who has spoken often about his passion for MMA, said in an Instagram post that he was training for a competitive fight early next year and that he intends to continue after his recovery. The injury was a tear in one of his anterior cruciate ligaments.

Persons: Mark Zuckerberg, David Paul Morris, Zuckerberg Organizations: Bloomberg, Meta

☆ Jim Cramer blasts warnings from a competitor, says buy cybersecurity leader Palo Alto Networks
▼ + stars: | 2023-11-03 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Despite doom-and-gloom from a competitor around cybersecurity spending, Jim Cramer said Friday that it's the perfect time to buy industry leader Palo Alto Networks (PANW), considering the onslaught of recent high-profile hacks and breaches. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance In fact, companies need the services of cybersecurity specialists, Palo Alto, more than ever nowadays. On Oct. 20 , identity management company Okta (OKTA) said its support systems were hacked. Cramer said Palo Alto Networks stands to benefit. Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.

Persons: Jim Cramer, Fortinet, —, Jim, there's, Estee Lauder, we've, Tracey Thomas Travis, Linda Rendle, Cramer, Needham, Jim Cramer's, David Paul Morris Organizations: Palo Alto Networks, Palo, Boeing, Palo Alto, CNBC, Bloomberg, Getty Locations: Palo Alto, Fortinet, Alto, Palo, Las Vegas, cybersecurity, Santa Clara , California, U.S

☆ CNBC Daily Open: A perfect day for markets and a falling Apple
▼ + stars: | 2023-11-03 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTTim Cook, chief executive officer of Apple Inc., holds an iPhone 15 Pro Max during an event at Apple Park campus in Cupertino, California, US, on Tuesday, Sept. 12, 2023. David Paul Morris | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineIt was an astounding day for markets, with everything falling into place as perfectly as investors could have hoped for. Labor costs actually fell for a three-month period ending September — compared with an expected increase — while unemployment claims ticked up.

Persons: Tim Cook, Max, David Paul Morris, Stocks, there's, it's Organizations: Apple Inc, Apple, Bloomberg, Getty, CNBC, Treasury, U.S, Labor, Dow Jones, Nasdaq Locations: Cupertino , California, U.S

A Texas man has been convicted of manslaughter in the fatal shooting of a Moroccan immigrant who had pulled into the driveway. Family members of Dghoughi, who lived in Austin, have said he was lost and prosecutors said he was trying to leave the driveway when he was shot. Turner said he shot in self-defense and testified that he thought Dghoughi pointed a gun at him, but no weapon was found inside the vehicle. Political Cartoons View All 1233 Images“Based on what he saw, knowing all the circumstances, he was reasonable in his actions,” Morris said during the trial. Dghoughi then moved to Austin and was seeking work as a financial analyst, according to his family.

Persons: Terry Duane Turner, Adil Dghoughi, Dghoughi, Turner, Gerry Morris, ” Morris, “ Organizations: Johnson & Wales University Locations: Texas, Moroccan, Caldwell, Martindale, Austin, Morocco, Rhode Island

☆ TikTok Pushes Back Against Claims It Fuels Antisemitism
▼ + stars: | 2023-11-02 | by ( Sapna Maheshwari | More About Sapna Maheshwari | ) www.nytimes.com time to read: +4 min

TikTok pushed back on Thursday against growing claims in recent weeks that it had failed to to protect Jewish users and had pushed pro-Palestinian content in the United States. Many social networks have come under criticism for spreading misinformation and hate speech during the Israel-Hamas war. TikTok has the added scrutiny of being owned by the Chinese company ByteDance. While Beijing has pitched itself as a neutral broker in the dispute, a surge of antisemitism and anti-Israeli sentiment is proliferating across the Chinese internet and state media. The company said it started offering such data to academic researchers and will include other groups in the future.

Persons: TikTok, Jeff Morris Jr, Israel hashtags, Israel, “, Marco Rubio, Rubio, Morris’s, ” TikTok, standwithisrael, Morris didn’t, Amy Schumer, Michael Rapaport, Debra Messing, Yaël, Eisenstat Organizations: Twitter, Jewish, Defamation, Defamation League Locations: United States, Israel, Beijing, Florida, China

☆ What to Watch: The 17 Best Movies and TV Shows From October
▼ + stars: | 2023-11-01 | by ( Wsj Arts In Review Staff | ) www.wsj.com time to read: 1 min

Photo: Apple TV+If someone were going to tell you their life story, the ideal someone would be one of the world’s great storytellers—John le Carré, for instance, the celebrated spy novelist, literary archivist of the Cold War, spinner of tales of diaphanous morality. And what better conduit than Errol Morris, a filmmaker fascinated by people who delude themselves, or defend the indefensible, or become pawns in a system that eventually devours them—just like those in a Le Carré novel? Read the review

Persons: — John le Carré, Errol Morris Organizations: Apple

☆ What is APEC? Asia-Pacific leaders head to San Francisco
▼ + stars: | 2023-11-01 | by ( David Brunnstrom | ) www.reuters.com time to read: +6 min

REUTERS/Athit Perawongmetha/Pool/File Photo Acquire Licensing RightsWASHINGTON, Nov 1 (Reuters) - Leaders from the 21-member Asia-Pacific Economic Cooperation forum will meet in San Francisco this month for the 30th APEC summit, the first hosted by the United States since 2011. APEC leaders are due to gather between Nov. 15-17. From Nov. 11 senior APEC finance officials and ministers will meet ahead of the summit, while the annual APEC CEO summit will run from Nov. 14-16. As of 2021, APEC members made up seven of the United States' top 10 overall trading partners. FASHION SHOWTraditionally APEC leaders wear local costume for a final-day group photo.

Persons: Xi Jinping, Peng Liyuan, Prayuth Chan, ocha, Naraporn Chao, Athit, Joe Biden, Xi, Biden, Morris Chang, John Lee, Lee, Paul Chan, Vladimir Putin, Putin, Matt Goodman, BUZZWORDS, Goodman, Washington, Donald Trump, Bill Clinton, Barack Obama, David Brunnstrom, Michael Martina, Michelle Nichols, Matthew Lewis Organizations: Thai, Economic Cooperation, REUTERS, Rights, APEC, U.S, Reuters Hong, Hong, Financial, The State Department, White, Economic, Thomson Locations: Asia, Bangkok, Thailand, San Francisco, United States, China, Bali, Canberra, Australia, Brunei, Canada, Chile, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Vietnam, India, Washington, U.S, Ukraine, APEC, Seattle, Francisco

☆ Explainer: What is APEC? Asia-Pacific leaders head to San Francisco
▼ + stars: | 2023-11-01 | by ( David Brunnstrom | ) www.reuters.com time to read: +6 min

☆ Explainer-What Is APEC? Asia-Pacific Leaders Head to San Francisco
▼ + stars: | 2023-11-01 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +5 min

By David BrunnstromWASHINGTON (Reuters) - Leaders from the 21-member Asia-Pacific Economic Cooperation forum will meet in San Francisco this month for the 30th APEC summit, the first hosted by the United States since 2011. APEC leaders are due to gather between Nov. 15-17. From Nov. 11 senior APEC finance officials and ministers will meet ahead of the summit, while the annual APEC CEO summit will run from Nov. 14-16. As of 2021, APEC members made up seven of the United States' top 10 overall trading partners. FASHION SHOWTraditionally APEC leaders wear local costume for a final-day group photo.

Persons: David Brunnstrom WASHINGTON, Joe Biden, Xi Jinping, Xi, Biden, Morris Chang, John Lee, Lee, Paul Chan, Vladimir Putin, Putin, Matt Goodman, BUZZWORDS, Goodman, Washington, Donald Trump, Bill Clinton, Barack Obama, David Brunnstrom, Michael Martina, Michelle Nichols, Matthew Lewis Organizations: Economic Cooperation, APEC, U.S, TSMC, Reuters Hong, Hong, Financial, The State Department, White, Economic Locations: Asia, San Francisco, United States, China, Bali, Canberra, Australia, Brunei, Canada, Chile, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, Vietnam, India, Bangkok, Washington, U.S, Ukraine, APEC, Seattle, Francisco

PHILADELPHIA (AP) — James Harden got his trade to the Clippers. The 34-year-old Harden vowed he would never play for a franchise run by 76ers team president Daryl Morey and the disgruntled guard had yet to play for the team this season. Harden had picked up his $35.6 million contract option in June with the belief the team would trade him. The lone time he spoke at practice, Harden said that his fractured relationship with Morey could not be repaired — comparing it to a broken marriage. Coach Nick Nurse had said Harden was scheduled to practice with the 76ers on Tuesday.

Persons: — James Harden, Harden, P.J, Tucker, Filip Petrušev, Marcus Morris, Robert Covington, Nic Batum, Martin, Daryl Morey, Morey, Nick Nurse Organizations: PHILADELPHIA, Clippers, The Sixers, Associated Press, 76ers, NBA, Sixers, Eastern Conference, Boston Locations: Brooklyn, California

☆ Harden saga in Philly reportedly over with trade to Clippers
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +1 min

Oct 29, 2023; Philadelphia, Pennsylvania, USA; Philadelphia 76ers guard James Harden looks on during a timeout in the second quarter against the Portland Trail Blazers at Wells Fargo Center. Mandatory Credit: Bill Streicher-USA TODAY Sports Acquire Licensing RightsOct 31 (Reuters) - The 76ers have reportedly traded James Harden to the Los Angeles Clippers in a seven-player deal, ending the Harden saga in Philadelphia. The 10-times NBA All-Star and league's leader in assists, who was acquired by the Sixers in 2022, had yet to play for Philadelphia this season after publicly requesting a trade. Harden returned to practice last Wednesday after a 10-day absence, but did not travel with the team for their two-game road trip to open the season in Milwaukee and Toronto. Tucker and Filip Petrusev to the Clippers for Nicolas Batum, Marcus Morris, Robert Covington, KJ Martin and draft picks.

Persons: James Harden, Bill Streicher, Harden, P.J, Tucker, Filip Petrusev, Nicolas Batum, Marcus Morris, Robert Covington, KJ Martin, Lori Ewing Organizations: Philadelphia 76ers, Portland Trail Blazers, Wells Fargo Center, 76ers, Los Angeles Clippers, Sixers, Philadelphia, Clippers, Thomson Locations: Philadelphia , Pennsylvania, USA, Wells Fargo, Philadelphia, Milwaukee, Toronto

☆ With James Harden on the way, Clippers face Magic
▼ + stars: | 2023-10-31 | by ( Field Level Media | ) www.reuters.com time to read: +4 min

Multiple media outlets reported Monday night that the Clippers acquired James Harden in a multiplayer deal with the Philadelphia 76ers. Tucker and Filip Petrusev reportedly will join Harden in moving from Philadelphia to Los Angeles. Whoever takes the floor for the Clippers will attempt to restore the team's history of success against the Orlando Magic. Now the Magic are looking to beat the Clippers for the fourth time in six meetings when the clubs face off Tuesday night in Los Angeles. Los Angeles built a 19-point halftime lead on Sunday while rolling to a 123-83 victory over the visiting San Antonio Spurs.

Persons: James Harden, Harden hadn't, Daryl Morey, P.J . Tucker, Filip Petrusev, Harden, Nicolas Batum, Marcus Morris Sr, Robert Covington, Kenyon Martin Jr, Jan, Jamahl Mosley, Mosley, we've, That's, Paul George, that's, Kawhi, Russell Westbrook, George, Leonard, Paolo Banchero, Banchero, Mosley isn't, Paolo, he's, Gary Harris Organizations: Los Angeles Clippers, NBA, Orlando Magic, Clippers, Philadelphia 76ers, 76ers, P.J, The 76ers, Angeles, Orlando, Los Angeles Lakers, San Antonio Spurs, The Clippers, Lakers, Thomson Locations: Philadelphia, Los Angeles, Antonio

☆ The Sales Pitch for an 8% Mortgage: Buy Now, Refinance Later—for Free
▼ + stars: | 2023-10-30 | by ( Veronica Dagher | ) www.wsj.com time to read: 1 min

The offers to refinance the mortgage on your home later often aren’t as attractive as they initially seem. Photo: David Paul Morris/Bloomberg NewsLenders have a proposition for home buyers who can’t stomach an 8% mortgage rate: Buy now, and refinance later for free. Lenders are making these offers because the market for mortgages cratered as the Federal Reserve raised interest rates to two-decade highs to tame inflation. The average rate on a 30-year fixed-rate mortgage is 7.79%, according to Freddie Mac .

Persons: David Paul Morris, refinance, Freddie Mac Organizations: Bloomberg, Federal Reserve

☆ Man charged with making threats against Georgia officials connected to case against Trump
▼ + stars: | 2023-10-30 | by ( Jason Morris | ) edition.cnn.com time to read: +2 min

CNN —An Alabama man has been charged with making threatening voicemails to Fulton County officials in Georgia because of their connections to the case against former President Donald Trump. Hanson, from Huntsville, Alabama, called the Fulton County government customer service line twice in August and left voicemails in which he threatened violence against the officials, according to US Attorney Ryan Buchanan. The Fulton County district attorney’s office declined to comment. Fulton County Sheriff Patrick Labat, center, speaks to the media June 1, 2021, in Atlanta. Ben Gray/AP“Threats of harm were directed towards me and District Attorney Willis for simply doing our job,” Labat said in a statement.

Persons: voicemails, Donald Trump, Arthur Ray Hanson II, Fani Willis, Fulton County Sheriff Patrick Labat, Hanson, Ryan Buchanan, Willis, Trump, you’re, ” Hanson, Labat, Ben Gray, ” Labat, “, ” Willis, Georgia’s Organizations: CNN, Fulton, Fulton County Sheriff, Justice Department, “, FBI, Trump Locations: An Alabama, Fulton County, Georgia, Atlanta, Huntsville , Alabama

That’s very different than how Google defines Flatbush:Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readers Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readersLet’s look closely at Brooklyn’s Prospect Heights, which has mostly sharp edges and one very blurry one:Sharp prospect heights Sharp blurry Sharp Prospect Park Sharp prospect heights Sharp blurry Sharp Prospect Park Crown heights Prospect Park Crown heights Prospect Park prospect heights ? Crown heights Prospect Park prospect heights ? Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 80% 60 Black 40 White 20 2000 2022 80% Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 60 Black 40 White 20 2000 2022 Source: Furman Center, N.Y.U. prospect heights Condo for sale crown heights Prospect Park prospect heights Condo for sale crown heights Prospect ParkStreetEasy lists the unit as being in Crown Heights. A local grocery store on Classon Avenue — two blocks east of Washington,prospect heights Key Food Prospect Heights crown heights Prospect Park prospect heights crown heights Key Food Prospect Heights Prospect Parkused to be called Gala Fresh Farms.

Persons: Van, Obeid, ”, It’s, who’s, New, Casey Berkovitz, Mr, ’ you’re, ‘, Yemen ’, ” Mr, ” Long, Robert Moses ’ Brooklyn, Red, “, ” Colson Whitehead, Readers, Fort Greene, Tubby, ., Red Hook, Hook, Whitehead, we’ll, Douglas Elliman, ” “, streeteasy, Xavier Santiago, it’s, Suleiman Osman, Rambo, Ross Perlin, Perlin, Sures, Yemen hasn’t Organizations: Kennedy, Google, Bronx Zoo, East Harlem —, Carnegie, Brooklyn, New York Times, Times, Richmond Hill, city’s, Department, Bronx . The Bronx Muslim, Bushwick :, Stuyvesant Bushwick, Powell, soho tribeca, New York Public, Queens Expressway, Yorkers, steinway, Queens, Navy, Waterfront District, Fort, Brooklyn - Queens, Yorker, Bushwick, Jersey Silver, Park New Jersey Silver, Prospect, White, Furman Center, Sterling, East, Manhattan’s, brooklyn South brooklyn South brooklyn South brooklyn, Liberty Loan, Carroll Gardens, “, brooklyn ”, Language Alliance, East Harlem, Washington Locations: New York City, Bronx, Morris, New York, Little Yemen, Manhattan, East, Sugar, Clinton, Rose, Richmond, Todt, Lenox, Forest, Cypress Hills, Murray, Yemen, “, Brooklyn, Bushwick, Bushwick : Bushwick Bedford, Stuyvesant Bushwick Bedford, Stuyvesant, Windsor Terrace, windsor, Green, kensington, Queens, Point, Flushing, Powell, Lower Manhattan, TriBeCa, SoHo, Houston, soho, Hudson, Lispenard, Queens Expressway Brooklyn, Astoria, Woodside, Jackson Heights, astoria, sunnyside Brooklyn, Dumbo, Columbia, Red Hook, williamsburg, columbia, carroll, Red, Fort Greene Park Brooklyn, Queens Expressway columbia, Williamsburg, greenpoint East, Queens Expressway williamsburg, greenpoint East River williamsburg Brooklyn, East Williamsburg, ”, BoCoCa, Hamilton Heights, Greenwood Heights, Hudson Heights, Lincoln, Bridges, Carnegie Hill, Manhattan Valley, SpaHa, Village, Bedford, Kingsbridge, Riverdale, Fort, Inwood, Inwood washington, chelsea, greenpoint tribeca williamsburg ridgewood kew, brooklyn, bushwick, Soho ridgewood kew, Sheepshead, Shore, Staten Island, Jersey, Park New Jersey, Flatbush, Prospect, Prospect Heights , Brooklyn, Heights , Brooklyn, Prospect Heights, Crown, Washington, Classon, Crown Heights, Side, East Harlem, harlem, Harlem, Central, streeteasy, carnegie, South Brooklyn, Carroll, Revolutionary, Boerum, Cobble, South Bronx, Spanish Harlem, South Harlem, Lower, Loíza, Puerto Rico, Language, Barrio, Puerto Rican, Hispaniola, Dominican, Washington Heights

☆ Martin and Francesca Scorsese, TikTok’s Dynamic Duo
▼ + stars: | 2023-10-27 | by ( Maya Salam | More About Maya Salam | ) www.nytimes.com time to read: +2 min

“Omg love seeing this side of him,” wrote another. When GQ asked him about his own mortality in September, Scorsese said that he thought about it all the time. “I was a great collector, a great obsessive glutton for cinema and books, and now they all have to go away,” he said. While Martin Scorsese first dipped a toe into social media on Instagram, it was the introduction of TikTok that has allowed Francesca to give the world another perspective on her father, she said. “People love seeing that side of him.”

Persons: “, ”, Scorsese, Martin Scorsese, There’s, Helen Morris, ” Francesca, Francesca, he’s Organizations: GQ

LOS ANGELES (AP) — Taylor Swift’s reimagined “1989” is here, the album that ushered in the first Peak Swift era — revisited at the height of her massive pop culture dominance. Swift had shed the Nashville country roots of her first four studio albums and announced herself a full-fledged pop superstar. In 2014, that was Swift finding her pop sound with “1989.”In 2023, it’s becoming the most successful version of herself, and rereleasing “1989 ” while on the top of her game. She’s moved to NYC; she’s working with new people; she’s making synth pop. In 2023, Swift is more famous now than she was then, and she's still engaging with her celebrity in a very public way.

Persons: — Taylor, Swift, “, Swift —, Jack Antonoff —, —, Scooter Braun’s, it’s, Travis Kelce, Brittany Spanos, who’s, haven’t, Rebecca Jennings, ”, rereleasing, Spanos, New York University’s, Davis, Janet Jackson’s, Christina Aguilera’s “, Swift’s, She’s, Rachel Brodsky, couldn’t, ” Brodsky, Shania Twain, LeAnn Rimes, Brodsky, Kacey Musgraves, Maren Morris, Olivia Rodrigo, She’d, Beyoncé, Katy Perry, Taylor, Kanye, Drake, Kendrick Lamar, she's, Jennings, Taylor Swift’s, Blake Lively, Sophie Turner, Selena Gomez, she’s, Harry Styles —, ” Spanos, what’s Organizations: ANGELES, NFL, Kansas City Chiefs, Vox, New York, Davis Institute Locations: Nashville, New York, New, NYC, Buenos Aires, Argentina

☆ TSMC founder says US-China tensions will slow global chip industry
▼ + stars: | 2023-10-27 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Reuters —The founder of the world’s biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the United States and China will slow down the global chip industry. Chang, 92, said that cutting off China’s chip industry from the rest of the world would affect other players beyond China. Of course, the immediate purpose is to slow China down, and I think it’s doing that,” Chang said. He also praised the higher education system in the United States, adding his optimism about the country as TSMC invests to build chipmaking facilities in Arizona. Born and raised in China, Chang built a career in the United States, where he become a naturalized citizen in 1962, before being recruited to build the chip industry in Taiwan.

Persons: Morris Chang, Chang, ” Chang, ” Organizations: Reuters, Taiwan Semiconductor Manufacturing Co, Asia Society, Huawei Locations: United States, China, New York, Taiwan, Arizona

☆ Stanley Black & Decker just delivered the quarter we've been waiting for. Wall Street agrees
▼ + stars: | 2023-10-27 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Stanley Black & Decker (SWK) reported solid third-quarter results Friday, with cash generation and improved margin performance on full display. SWK YTD mountain Stanley Black & Decker YTD Stanley Black & Decker shares soared roughly 8% on the print, boosting their year-to-year gains to more than 11%. Stanley Black & Decker's marginally weaker-than-expected sales in the quarter were more than offset by further improvement to inventory levels. The company is targeting further gross margin expansion in 2024 as the work to get over the 35% by 2025 threshold continues. Stanley Black & Decker drills are displayed for sale at a Home Depot store in Emeryville, California.

Persons: Stanley Black, Decker, Decker YTD Stanley Black, it's, Donald Allan, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Revenue, LSEG, Management, Pro Tools, CNBC, Bloomberg, Getty Locations: Emeryville , California

☆ Meta’s New Year of Efficiency Won’t Look Like the Old One
▼ + stars: | 2023-10-26 | by ( Dan Gallagher | ) www.wsj.com time to read: +1 min

Meta CEO Mark Zuckerberg said that artificial intelligence will be the company’s biggest investment area in 2024. Photo: David Paul Morris/Bloomberg NewsA social-network company serving nearly half the world’s population should be pretty efficient at giving everyone something they want. The parent company of Facebook, Instagram, WhatsApp and new Twitter challenger Threads posted largely strong results for the period late Wednesday. Daily active users both for Facebook and the company’s broader Family of Apps also grew more than analysts had expected. Facebook even added 10 million daily active users in the U.S. and Canada compared with consensus forecasts calling for zero growth in what is still the company’s most important ad market.

Persons: Mark Zuckerberg, David Paul Morris, Wall Organizations: Bloomberg, Meta, Facebook, Apps Locations: U.S, Canada

☆ Marlboro maker Altria reports declining revenue, citing competition from illicit e-vapor products
▼ + stars: | 2023-10-26 | by ( Stefan Sykes | ) www.cnbc.com time to read: +3 min

Altria Group, the parent company of Philip Morris USA and the nation's largest tobacco company, reported third-quarter results Thursday that fell short of Wall Street's expectations as demand for its core cigarette business cools and illicit e-vapor products flood the market. The Marlboro maker said its domestic cigarette shipment volume decreased 11.6%, primarily driven by wider declines across the industry and competition from illicit e-vapor products, among other factors. In a conference call with analysts, Altria CEO Billy Gifford said the lack of regulation of illicit e-vapor products has come at the expense of legal operators and approved. Although federal crackdowns have placed more restrictions on the flavors and marketing for tobacco products, illicit operators are skirting many tobacco-related laws and are flooding the market with disposable e-cigarettes that aren't FDA-approved and are illegal to sell. Like many other tobacco companies, Altria is moving beyond traditional, combustible cigarettes and towards smoke-free products.

Persons: Philip Morris, Altria, Billy Gifford, Gifford Organizations: Marlboro, Altria, Philip Morris USA, LSEG, Anheuser, Busch InBev, FDA, NJOY's, U.S Locations: San Francisco , California, Marlboro, JUUL, Juul

☆ ‘The Holdovers’ Review: Three Sad Souls Stranded for Christmas
▼ + stars: | 2023-10-26 | by ( Wesley Morris | More About Wesley Morris | ) www.nytimes.com time to read: +3 min

They set little traps for Hunham’s arrogance and sic their daddies on the administrators, who then bear down on him. It’s a ritzy, laugh-out-loud Christmas miracle that whisks away four of the boys at the end of the first act. But one of them, an almost cool only-child named Angus Tully (Dominic Sessa), can’t go because nobody can reach his parents. He directed this movie — from a script David Hemingson wrote — and moody, quarrelsome people are his specialty. This is his eighth feature-length movie — “Citizen Ruth,” “Election,” “Sideways,” “About Schmidt,” “The Descendants,” “Nebraska” and “Downsizing” precede this one.

Persons: tony, can’t, Paul Hunham, Paul Giamatti, ”, he’s, It’s, Angus Tully, Dominic Sessa, Alexander Payne’s, David Hemingson, Barton, soundboards, Payne, Ruth, Schmidt, Payne’s, it’s, Giamatti, tweedy Organizations: ” “ Nebraska Locations: New England, Barton, St, Kitts, ” “

☆ Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more
▼ + stars: | 2023-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Hasbro earned $1.64 per share excluding items on $1.5 billion in revenue, while analysts polled by LSEG had anticipated $1.70 per share in earnings and revenue at $1.64 billion. Southwest posted $6.53 billion in revenue, while analysts surveyed by LSEG expected $6.57 billion. Bristol-Myers topped earnings expectations and posted revenue that was in line with expectations. ServiceNow — The software stock rose more than 3% after posting stronger-than-expected quarterly results and sharing solid subscription revenue expectations for the current period. UPS – The shipping company saw shares decline 3% premarket following its third quarter earnings report.

Persons: LSEG, Revlimid, Myers, Overstock.com, Hershey, overshadowing, Mattel —, ServiceNow, it's, Silver Lake, —, Sarah Min, Tanaya Macheel, Samantha Subin, Lisa Kailai Han, David Paul Morris Organizations: Hasbro, Southwest —, Southwest, Myers, Bristol, Overstock.com, FactSet, Royal Caribbean, Mattel, Wednesday, UPS, Endeavor Group Holdings, Endeavor, Holdings, WWE, UFC, Barclays —, Bank of America, Barclays, underperform, Hasbro Inc, Target Corp, Bloomberg, Getty Locations: Bristol, Nextracker, FactSet, Thursday's premarket, Emeryville , California, U.S

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