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☆ Unilever pops 6% on guidance raise, Ben & Jerry's spinoff on track to complete by end of 2025
▼ + stars: | 2024-07-25 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Tubs of Ben & Jerry's ice cream in a store freezer in London, UK, on Thursday, April 25, 2024. Unilever Plc said it wanted to shed its ice cream division, which generates around 8 billion ($8.5 billion) in annual sales, in a bid to reverse years of lackluster performance. Unilever shares popped 6.8% on Thursday morning, after the consumer goods giant raised its full-year margin guidance and said the spinoff of its ice cream business was on track to complete by the end of 2025. Beauty and well-being expanded 7.1%, while ice cream lagged other segments with just 0.6% of growth. Organic sales growth came in at 3.9% in the second quarter, missing expectations of a 4.2% expansion forecast by a company-compiled consensus.

Persons: Knorr, Domestos, Jerry's, Jefferies Organizations: Unilever Plc, Unilever Locations: London, British

Neumann noted the latest Europol data showed “the number of attacks and planned attacks has more than quadrupled” since 2022. The apparent uptick in the recruitment of young radicals to carry out acts of terror comes as European security officials express worries at a potential resurgence of organized – or “directed” - terror attacks. The group has built a remarkable presence in Turkey over the past three years, according to court documents and analysts. Swiss police in March arrested a 15-year-old Swiss boy and a 16-year-old Italian boy for ISIS support and plotting bomb attacks, according to a police statement. Yulia Morozova/ReutersThe extent of ISIS-K’s use of Turkey as a transit hub is acknowledged by officials in the Turkish indictment.

Persons: Peter Neumann, Neumann, ”, ” Neumann, “, Lise Jaulin, Dilara Senkaya, “ Rustam, Rustam, Yulia Morozova Organizations: CNN, ISIS, Paris Olympics, King’s College London, MIT, Swiss, Analysts, Soviet Union, Turkish, Italian Santa Maria Catholic Church, Foreign Operations, Hall, Foreign Locations: Europe, West, Paris, Islamic, Khorasan, Central Asia, Turkey, Saint, French, France, Haute, Savoie, Dusseldorf, Heidelberg, Montenegro, Austria, Afghanistan, Tajikistan, Moscow, Italian, Istanbul, Swedish, Pakistan, Tajik, Iran, Russia, Crocus, Syria, Iraq

☆ China and Philippines already at odds over South China Sea deal to ease Second Thomas Shoal tensions
▼ + stars: | 2024-07-23 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +7 min

The dilapidated BRP Sierra Madre ship of the Philippine Navy is anchored near Second Thomas Shoal in the Spratly group of islands in the South China Sea. Beijing claims “indisputable sovereignty” over almost all of the 1.3 million-square-mile South China Sea, and most of the islands and sandbars within it, including many features that are hundreds of miles from mainland China. Under President Ferdinand “Bongbong” Marcos Jr, the Philippines has taken increasingly assertive steps to protect its claim to shoals in the South China Sea, leading to several confrontations off the Philippine islands. The US is not a claimant to the South China Sea, but says the waters are crucial to its national interest of guaranteeing free passage through seas worldwide. A close up view taken on March 29, 2014 of the BRP Sierra Madre beached near the Second Thomas Shoal, part of the Spratly Islands in the South China Sea.

Persons: Hong Kong CNN —, Shoal, Ren’ai Jiao, ”, Mao Ning, pushback, Ritchie, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Jake Sullivan, ” Sullivan, Thomas Shoal, Erik de Castro, Gregory Poling, “, ” Derek Grossman Organizations: Hong Kong CNN, BRP Sierra Madre, Foreign Ministry, The Philippine Department of Foreign Affairs, BRP, Philippine Navy, coastguard, US Navy, Aspen Security, US National, Reuters, Transparency Initiative, RAND Corporation Locations: Hong Kong, South, Manila, Beijing, Philippine, Spratly, Philippines, China, Palawan, Madre, South China, Second, The Philippines, Malaysia, Vietnam, Brunei, Taiwan, The Hague, Scarborough, BRP Sierra Madre, Washington, United States, Sierra Madre, BRP Sierra, Asia

☆ Burberry shares drop 11% after the luxury giant issues profit warning and replaces CEO
▼ + stars: | 2024-07-15 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

Shares in Burberry plunged 11% in early trading on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend. The luxury giant said that if the recent trading slowdown continues, it expects to report an operating loss for the first half of this year and full-year operating profit below current consensus. It also suspended its dividend and named Joshua Schulman — who formerly led Michael Kors and Coach — as new CEO. Jonathan Akeroyd is stepping down "with immediate effect by mutual agreement with the Board," the company added. Burberry said comparable store sales fell 21% in the 12 weeks to June 29, with retail revenue coming in at £458 million for the period.

Persons: Joshua Schulman —, Michael Kors, —, Jonathan Akeroyd, Burberry, Gerry Murphy Organizations: Burberry, Asia Pacific Locations: EMEIA, Europe, East, India, Africa, Americas

☆ Shelley Duvall, 'The Shining' actor and Robert Altman muse, dies at 75
▼ + stars: | 2024-07-11 | by ( Minyvonne Burke | Diana Dasrath | ) www.cnbc.com time to read: 1 min

Shelley Duvall Reg Innell | Toronto Star | Getty Images"The Shining" actor Shelley Duvall died Thursday at her home in Blanco, Texas, her partner Dan Gilroy said. Gilroy said Duvall had been in hospice and bedridden for the last few months due to complications from diabetes. Shelley Duvall and Jack Nicholson circa 1980 in New York City. Robin Platzer | Archive Photos | Getty ImagesWendy Torrance, played by American actress Shelley Duvall, recoils in shock as her husband chops through the bathroom door with a fire axe in a scene from 'The Shining', directed by Stanley Kubrick, 1980. Warner Bros. | Moviepix | Getty Images

Persons: Shelley Duvall Reg Innell, Shelley Duvall, Dan Gilroy, Gilroy, Duvall, She's, Jack Nicholson, Robin Platzer, Wendy Torrance, recoils, Stanley Kubrick Organizations: Toronto Star, Getty, Warner Bros, Moviepix Locations: Blanco , Texas, New York City, American

☆ Dyson to axe around 1,000 jobs in Britain
▼ + stars: | 2024-07-09 | by ( ) edition.cnn.com time to read: 1 min

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☆ What is China’s ‘monster’ coast guard ship and why is the Philippines spooked by it?
▼ + stars: | 2024-07-08 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

“It’s an intimidation on the part of the China Coast Guard,” Tarriela said during a forum on Saturday, according to a Reuters report. Powell and other analysts say intimidation is one of the main jobs of the CCG-5901, which is larger than any regular coast guard ship in the world (a specialty US Coast Guard icebreaker is bigger) and even outsizes US Navy destroyers. The US Coast Guard, for instance, is part of the US Department of Homeland Security, not the Defense Department, although US Coast Guard vessels can come under US Navy control in certain scenarios. The China Coast Guard is part of the country’s People’s Armed Police, which is under the command of the Central Military Commission. The China Coast Guard “doesn’t want to be outdone thus this monster came along to show who’s got a bigger set of muscles,” Koh said.

Persons: ”, Jay Tarriela, Sabina Shoal, Tarriela, BRP Teresa Magbanua, “, ” Tarriela, “ We’re, we’re, Shoal, wasn’t, Ray Powell, SeaLight, ” Powell, Powell, Arleigh Burke, ‘, ” Carl Schuster, Collin Koh, Teresa Magbanua, who’s, ” Koh Organizations: CNN, Philippine, Philippine Coast Guard, China Coast Guard, United, Coast, National Security, BRP, Stanford University, Coast Guard, US, Guard’s National Security Cutters, Chinese Coast Guard, CNN Coast, US Coast Guard, US Department of Homeland Security, Defense Department, Armed Police, Central Military Commission, Analysts, Pacific Command’s Joint Intelligence Center, Guard, Rajaratnam, of International Studies Locations: China, Philippines, Beijing, Manila, South China, Sabina, Spratly, Philippine, Palawan, The Hague, Singapore

☆ Opinion: Biden’s defiant delusion
▼ + stars: | 2024-07-06 | by ( David Axelrod | ) edition.cnn.com time to read: +5 min

To be sure, the president turned in a more energetic performance than he had on that woeful debate night, when he sometimes appeared lost and incoherent. “I just had a bad night, I don’t know why.”“And how quickly did it come to you that you were having a bad night?” Stephanopoulos asked. Only 42% said the same about Trump, 78, whose own terrible debate performance was eclipsed by Biden’s meltdown. Three separate polls conducted by CNN, The New York Times and the Wall Street Journal after the debate all showed Biden trailing Trump by six points nationwide. Previous polls have shown Biden trailing in nearly all the battleground states he narrowly won in 2020.

Persons: David Axelrod, ”, Barack Obama, Obama, ABC’s George Stephanopoulos, Joe Biden, Donald Trump, Biden, —, didn’t, stoutly, “, ” Stephanopoulos, misfire, Stephanopoulos, Biden demurred, Virginia —, Trump, It’s, sully Organizations: CNN, Democratic Party, Republican, Trump, The New York Times, Wall, Biden, —, Twitter, Facebook Locations: — Minnesota, New Hampshire , New Mexico, Virginia

☆ Our contributors rewatched the 2020 Biden-Trump debates for clues. Here’s what they predict will happen Thursday
▼ + stars: | 2024-06-24 | by ( Cnn Opinion | ) edition.cnn.com time to read: +27 min

Kate Bedingfield served as White House communications director in the Biden administration and was the deputy campaign manager on Biden’s 2020 presidential campaign. That contentious exchange during the 2020 debate put Biden on the defensive. A President Trump might make their decisions about retirement that much easier. David Urban, a CNN political commentator, served as an adviser to then-President Trump’s 2020 re-election campaign. On Thursday, President Biden needs to do it again.

Persons: isn’t, Joe Biden’s, Donald Trump’s, —, Stephanie Griffith, Scott Jennings, Trump, Donald Trump, Joe Biden, Biden, counterpunched Biden, CNN Trump masterfully, ” Scott Jennings Trump, mightily, George W, Bush, Sen, Mitch McConnell, Sophia A, Nelson Stephanie Honikel, Chris Wallace, Wallace, Trump’s, it’s, Nelson, It’s, Kate Bedingfield, Donald Trump Kate Bedingfield, Shermichael Singleton, Bill Clinton’s, James Carville, “, Democratic Barack Obama, they're, aren’t, “ It’s, David Axelrod, people’s, ” Biden, jibing Trump, ”, Barack Obama, Obama, David Urban, Amy Coney Barrett, Amy Coney Barrett's, Roe, Wade, Ronald Reagan, Bill Clinton, Reagan, Clinton, ” David Urban, Dobbs, Lady Jill Biden, Samuel Alito, Clarence Thomas, Bakari Sellers, Abraham Lincoln, chokeholds, Emmett Till, HBCUs ? Biden, Hilary Krieger Organizations: CNN, White, Biden, Scott Jennings CNN, Trump, Democratic, Republican, RunSwitch Public Relations, Capitol, GOP, Republican Government Reform, White House, NBC, Marist, Fox News, Global, Senate, United, Appeals, Federalist Society, American, United State Supreme Court, National Guard, South Carolina House of, Strom Law, CNN Opinion’s Locations: Cleveland , Ohio, Nashville , Tennessee, New York, Louisville , Kentucky, Charlottesville , Virginia, “, White, Charlottesville, Michigan, Scranton, Claymont, America, United States, Pennsylvania, HBCUs

☆ How China could take Taiwan without even needing to invade
▼ + stars: | 2024-06-21 | by ( Brad Lendon | ) edition.cnn.com time to read: +12 min

“China has significantly increased pressure on Taiwan in recent years, stoking fears that tensions could erupt into outright conflict. China’s escalating gray zone tactics were on stark display this week as China Coast Guard vessels clashed with Philippine Navy boats in the South China Sea. In the 24 hours ending at 6 a.m. Friday, 36 Chinese military aircraft crossed into Taiwan’s air defense identification zone, Taiwan’s Defense Ministry says. Meanwhile, a quarantine, rather than a blockade, would not require China to close or restrict access to the Taiwan Strait, the CSIS report notes. Under its claims that Taiwan is Chinese territory, Beijing could require customs declarations to be filed before vessels can call in Taiwan.

Persons: CNN —, Beijing’s, Xi Jinping’s, Bonny Lin, Brian Hart, Matthew Funaiole, Samantha Lu, Tinsley, stoking, Adm, Dong Jun, ”, Dong, China’s, “, Joe Biden, Rong Xu, Carl Schuster, ” Schuster, Alessio Patalano, Sidharth Kaushal, Patalano Organizations: CNN, Communist Party, Center for Strategic, International Studies, China Coast Guard, CSIS, TAIWAN, GUARD, People’s Liberation Army, PLA, Chinese Defense, Philippine Navy, Taiwan Relations, White, PLA Navy, Maritime Safety Agency, Taiwan’s Defense Ministry, Bloomberg, Getty, “, Pacific Command’s Joint Intelligence Center, Taipei, King’s College, Taiwan’s Ministry of Economic Affairs, Imports, Royal United Services Institute Locations: Taiwan, Ukraine, China, Washington, United States, Pengjia, Beijing, Singapore, South China, Manila, Second, Philippines, Taiwan’s, Taiwan Strait, Port, Taichung, Kaohsiung, London, Covid

☆ Gen Z and millennial NEETS are on the rise — many say they'd rather do nothing than be unhappy at work
▼ + stars: | 2024-06-20 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Many NEETs are listless, struggling through tough economic times, living off loans, and losing hope of retirement or buying a house. Voluntarily idleSome Gen Zers struggle to find a job or stay in work or education, earning the nickname "disconnected youth." But some Zoomer and millennial NEETs are happy to wait out unemployment for the right career path. Advertisement"It reveals how much shame in guilt is built into our every day lives," Pitcher told BI of being a NEET. This gives him faith that things will be OK, he told BI.

Persons: —, Zers, Louis, Morgan Pitcher, Pitcher, Leonie, Lukas, James Watts, Gen Zers, Watts, Laurie Cure, Darrin Murriner, Murriner Organizations: Service, International Labour Organization, Business, Gallup, St, Louis Federal Reserve's Institute for Economic Equity Locations: Vancouver

☆ ‘Only pirates do this’: Philippines accuses China of using bladed weapons in major South China Sea escalation
▼ + stars: | 2024-06-20 | by ( Nectar Gan | Kathleen Magramo | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —The Philippines has accused China’s Coast Guard of launching a “brutal assault” with bladed weapons during a South China Sea clash earlier this week, a major escalation in a festering dispute that threatens to drag the United States into another global conflict. A Philippine Navy serviceman on the rubber boat lost his right thumb when the Chinese Coast Guard rammed it, Torres said. China’s Coast Guard also deployed tear gas, “blinding” strobe lights and continuously blared sirens, the AFP said. “The Chinese Coast Guard personnel had bladed weapons and our personnel fought with bare hands. This is the closest China’s Coast Guard has come to the BRP Sierra Madre, Koh noted.

Persons: Thomas Shoal, –, ” Collin Koh, ” Koh, “, ”, Alfonso Torres Jr, Torres, Romeo Brawner Jr, ” Brawner, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Matthew Miller, Enrique A, Antony Blinken, ” Derek Grossman, Koh, they’re, Thomas, Washington “, ” “ Organizations: Hong Kong CNN, Coast Guard, Chinese Foreign Ministry, Philippine, Rajaratnam, of International Studies, Philippine Navy, Armed Forces, Getty, Western Command, Chinese Coast Guard, China’s Coast Guard, Staff, Getty Images Mutual, South China, US State Department, Mutual Defense, RAND Corporation, China Coast Guard, Philippine personnel, Navy Special Operations Group, BRP, BRP Sierra Madre Locations: Hong Kong, Philippines, China, United States, Manila, Spratly, Philippine, Singapore, AFP, ’, China’s, South, States, US, Washington, South China, The Hague, Beijing, India, BRP Sierra, BRP Sierra Madre

☆ Russian forces ‘eliminate’ ISIS-linked detainees after hostage situation at detention center, state media report
▼ + stars: | 2024-06-16 | by ( Darya Tarasova | Alex Stambaugh | ) edition.cnn.com time to read: +1 min

CNN —Two employees of a pre-trial detention center in the southern Russian city of Rostov-on-Don have been rescued after they were held hostage by six detainees in the facility for several hours on Sunday morning, according to Russian state media. Earlier, Russian state news agency TASS reported that some of the detainees involved were being held in pre-trial detention for cases of terrorist crimes and have links to the Islamic State, Russian state news agency TASS reported. In one video, one man wearing the pro-Islamic Jihad logo on his forehead says the group are Islamic State. The two employees, an operational officer and an inspector-supervisor, were taken Sunday morning by the group of detainees who demanded transport in exchange for the employees’ release, TASS reported citing law enforcement. The detainees were armed with a pocketknife, a rubber baton and a fire axe, Russian media reported citing law enforcement agencies.

Persons: Don, ”, Vladimir Osechkin Organizations: CNN, Federal Penitentiary Service, Russia, RIA Novosti, TASS, Islamic Locations: Russian, Rostov, Islamic State

☆ Euro 2024 day three: Eriksen’s feel-good moment, Bellingham – and police incidents
▼ + stars: | 2024-06-16 | by ( Dan Sheldon | Carl Anka | ) www.nytimes.com time to read: +8 min

Another day at Euro 2024, another trio of goalscoring games — even if the entertainment factor dipped off at points. The Netherlands overcame Poland with a 2-1 win, Denmark were held to a 1-1 draw by Slovenia, while England beat Serbia 1-0. But the goals, a lack of shots in one game and the results don’t tell the whole story of the day. The feel-good moment of the daySunday marked 1,100 days since Christian Eriksen collapsed at Copenhagen’s Parken stadium during a Euro 2020 game against Finland after suffering a cardiac arrest. He’s not fazed by anything, but will be key to England if they want to have a chance of winning Euro 2024.

Persons: We’ve, Christian Eriksen, Eriksen, Morten Boesen, “, ”, Rasmus Hojlund, Jonas Wind, onrushing Eriksen, Erik Janza’s, Damien Meyer, I’ve, ” Carl Anka, Jude Bellingham, Dragan Stojkovic, Stojkovic, Kyle Walker, Kevin C, Cox, Walker, Filip Kostic, Bellingham, “ I’ve, It’s, He’s, Dan Sheldon Man, —, Jacob Whitehead, Dan Sheldon, de Jong, Wout Weghorst, Ronald Koeman’s, Michael Cox, Andy Jones Stat, – Jude Bellingham, What’s Organizations: Scotland, Spain, Croatia, Albania, England, Serbia, Finland, Manchester United, Denmark, Slovenia, Getty, Serbia’s, Bellingham, Real Madrid, Poland, Sunday, Local, European, Argentina Locations: Switzerland, Hungary, Italy, Netherlands, Poland, Denmark, Slovenia, Serbia, England, Copenhagen’s, Bellingham, . Bellingham, Hamburg’s, Romania, Ukraine, Belgium, Slovakia, Austria, France

☆ Barricades, betrayal and bust-ups: Macron triggers a wild week in French politics
▼ + stars: | 2024-06-15 | by ( Joseph Ataman | ) edition.cnn.com time to read: +8 min

French President Emmanuel Macron promptly turned the country on its head by announcing a snap legislative election. Marine Le Pen addresses her supporters alongside National Rally President Jordan Bardella during an event on Sunday following the European elections. Marion Marechal addresses supporters of her party, Reconquest, alongside party president Eric Zemmour, left, on Sunday. In his statement on X, formerly Twitter, he refuted Marechal’s accusations that he had sunk a deal with National Rally. The fact of Ciotti’s endorsement, even if rejected by others in his traditionalist party, indicates how far National Rally has moved into mainstream politics.

Persons: defenestrated, Emmanuel Macron, “, ”, there’s, acolyte Jordan Bardella, Macron’s, Jordan Bardella, Julien de Rosa, Eric Ciotti, Republicans –, –, Le Pen’s, Valerie Pecresse, Ciotti, Stephane de Sakutin, Marion Marechal, Eric Zemmour, Marechal, Zemmour, “ Let’s, BFMTV, “ She’s, Ian Langsdon, Le, Julen Chavin Organizations: Paris CNN —, National, National Rally, Republicans, Paris, Facebook, “, Getty Locations: France, France’s, AFP, Paris, Thusrday

☆ I rejected a job at Google — but then got laid off by Amazon. I don't regret my decisions.
▼ + stars: | 2024-06-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

AdvertisementFlood of supportIt was obviously disappointing and really shocking — I'd been excited about the Coinbase job. AdvertisementAlthough I had another offer on the table, I accepted the Amazon job. It felt like a safer choice because it was a Big Tech company — and I already knew the team. I was interested in entrepreneurship after having experienced big tech and trying out these jobs inspired me to start building my own venture. My immediate reaction for several months was disillusion with the with Big Tech, but now I feel positive about my experiences.

Persons: —, Matan Gans, cryptocurrency, they'd, Slack, I'd, I've Organizations: Service, Brown University, Google, Business, Amazon Web Services, Big Tech, LinkedIn, Amazon Locations: Coinbase, Boston, California, Seattle, East, West Coast, Providence , Rhode Island, East Coast ., Amazon

☆ Opinion: Trump verdict is a pyrrhic victory for Democrats
▼ + stars: | 2024-05-30 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +14 min

CNN —CNN Opinion asked our contributors to weigh in on Trump’s conviction on 34 counts of falsifying business records. Are there really that many voters whose view of Trump as a man, or politician, could be altered by bookkeeping irregularities? How many would-be Trump voters will be swayed against him because of miscategorized business expenses? Instead of validating Trump’s narcissism, Democrats should turn the camera away from Trump and toward the American people. Democrats should make the case that Trump’s policies would decimate the middle class and that ought to be a (metaphorical) crime.

Persons: Patrick Brown, Patrick T, Brown, —, Trump, Attorney Alvin Bragg, ”, Biden, Robert De Niro, Stacy Schneider, Rikers Stacy Schneider, Juan Merchan, Donald Trump, I’ve, Trump’s, There’s, ” Timothy C, Tim Parlatore Tim Parlatore, Michael Cohen’s, Karen McDougal, Daniels, today’s, Timothy C, Paul Begala, ’, Roe, Wade, kowtowing, Vladimir Putin, Bill Clinton’s, Clinton, Jennifer Rodgers, Judge Juan Merchan, Prosecutors, Donald Trump’s, Merchan, Will, it’s, they’d, he’d, “, Joey Jackson, Donald, Michael Cohen, Cohen, Cohen’s Organizations: CNN, Progressives, Trump, haven’t, Attorney, Republicans, Public Policy Center, Economic, Parlatore Law, LLP, Navy, Paul Begala CNN, Social Security, Democratic, Manhattan, NYU School of Law, Columbia Law School, Republican Party, GOP, Team Trump Locations: Manhattan, Washington , DC, New York, Trump, Russian

☆ Opinion: Robert De Niro should have turned down role with Biden campaign
▼ + stars: | 2024-05-29 | by ( David Axelrod | ) edition.cnn.com time to read: +5 min

Biden did not want to feed Trump’s feverish charge that he was the cause of the former president’s myriad legal problems. But Biden and his campaign has mostly gone for the capillary, not the jugular. (It’s also a little bewildering why Team Biden, struggling with younger voters, cast De Niro as its point man here. Navigating Trump’s legal thicket has been a challenge for Biden from the start. Predictably, the Trump campaign jumped all over Tuesday’s events, accusing the Biden campaign of desperation and jury tampering.

Persons: David Axelrod, ”, Barack Obama, Obama, Robert De Niro, Joe Biden, Donald, Biden, Trump, “ I’ve, Niro, De, De Niro, he’s, it’s, Fingers, De Niro’s, It’s, Gen, Donald Trump Jr, Jr Organizations: CNN, White, Union, Trump, Twitter, Facebook, Biden Locations: Manhattan, De Niro

☆ Bill Walton, basketball Hall of Famer and colorful commentator, dies of cancer at 71
▼ + stars: | 2024-05-27 | by ( Kevin Dotson | Eric Levenson | ) edition.cnn.com time to read: +5 min

CNN —Bill Walton, the basketball Hall of Fame center who won two national titles at UCLA, two NBA championships in Portland and Boston and later put the “color” in color commentator, died Monday following a prolonged battle with cancer, the National Basketball Association announced. “Bill Walton was truly one of a kind,” NBA Commissioner Adam Silver said in a statement. He was named the NBA Finals Most Valuable Player in that playoffs, and the next season he was named the NBA’s regular season MVP. Boston Celtics Bill Walton battles Los Angeles Lakers Kareem Abdul-Jabbar during the 1985 NBA Finals. I am the luckiest guy on earth.”NBC basketball announcers Bill Walton and Marv Albert pose before the start of Game 4 of the NBA Finals in East Rutherford, New Jersey, on June 12, 2002.

Persons: Bill Walton, Walton, “ Bill Walton, Adam Silver, “ Bill, John Wooden, Wooden, Robert Parish, Kevin McHale, Boston Celtics Bill Walton, Los Angeles Lakers Kareem Abdul, Jabbar, Bob Riha, It’s, ”, I’ve, I’d, Marv Albert, Mike Blake, Jay Blakesberg, Bill Walton’s, ” Mick Cronin, it’s Organizations: CNN, of Fame, UCLA, NBA, National Basketball Association, Fame, Bruins, Portland Trail Blazers, San Diego, Los Angeles Clippers, Boston Celtics, Houston Rockets, Los Angeles Lakers, Naismith, Basketball Hall of Fame, NCAA, ESPN, NBC Locations: Portland, Boston, Vietnam, East Rutherford , New Jersey, Santa Clara , California

☆ Smellmaxxing, Explained
▼ + stars: | 2024-05-19 | by ( Callie Holtermann | ) www.nytimes.com time to read: +1 min

There’s something going on with the way teenage boys smell. It’s become a cliché for adolescents to douse themselves in Axe body spray at the first sign of puberty. But lately, teen and even tween boys with money to spare are growing obsessed with designer fragrances that cost hundreds of dollars. Ask a teenager why he wants a $200 bottle of cologne, and he might tell you he’s “smellmaxxing,” a term for enhancing one’s musk that is spreading on social media. But they’re moving the needle: Teenage boys’ annual spending on fragrance rose 26 percent since last spring, according to a recent survey by an investment bank.

Persons: douse, “, ”, Logan, Valentino, Emporio Armani, Tom Ford’s Locations: cologne, Chicago

☆ Opinion: How an ICC arrest of Netanyahu could play out
▼ + stars: | 2024-05-14 | by ( Opinion Dan Perry | ) edition.cnn.com time to read: +10 min

CNN —The signs are mounting that the International Criminal Court (ICC) is weighing an indictment against Israeli Prime Minister Benjamin Netanyahu and other top Israeli officials over Israel’s conduct of its war against Hamas in Gaza. But in 2015 the ICC stepped in to decide that implicitly it is, by accepting it — without consulting the Assembly of States Parties (ASP), representing ICC member states. Could the highly respected chief prosecutor, Britain’s Karim Khan, be feeling some pressure to play his part in ramping up the pressure on Netanyahu? Netanyahu is on the ropes politically and would almost certainly be trounced in an election held today. Israel desperately needs Netanyahu to be gone, as does the region and the world.

Persons: Dan Perry, Read, Benjamin Netanyahu, ”, Russia’s Vladimir Putin, Sudan’s Omar al, Bashir, Moammar Ghadhafi’s, Saif, Netanyahu, Israel’s, Jordan, Egypt —, Dan Perry Moreover, —, Britain’s Karim Khan, Joe Biden’s, Israel Organizations: London, Associated Press, CNN, Criminal Court, Israeli, ICC, West Bank, ISIS, UN, States Parties, West, The West Bank, Bank, Palestinian Authority Locations: Cairo, Europe, Africa, Israel, Gaza, United States, Jerusalem, Sudan, Britain, Iraq, al, Libya, Yemen, Palestine, Palestinian, West Bank, East Jerusalem, Egypt, ramping, Iran

☆ Stock spinoffs are one of the hottest trades going this year. How to participate
▼ + stars: | 2024-05-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Other opportunities for investors to participate in spinoffs will be coming soon. If a company spins off a company in a different sector, the new stock tends to outperform because it's likely undervalued. Winners and upcoming beneficiaries Roth MKM also recently highlighted spinoff stocks' outperformance over the past year. GE Vernova is one of its current favorite spinoff stocks — which the company said to "buy buy buy." Industrial company Esab , a Swedish-American company that makes welding and cutting equipment, is another spinoff beneficiary, according to Roth MKM.

Persons: Morgan Stanley, Todd Castagno, Wolfe, Roth MKM, Roth, Esab, Sylvamo, JC O'Hara, Baxter, Edwards Lifesciences, Edwards, — CNBC's Michael Bloom Organizations: General Electric, GE Vernova, Wolfe Research, Baxter International, Unilever Locations: Swedish, American, Enovis, Memphis, Latin America, Veralto

☆ Russian troops advanced and captured large parts of village after apparent Ukrainian blunder left front line unmanned
▼ + stars: | 2024-04-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

A mistake by Ukrainian troops appears to have let Russian forces advance and capture large parts of a village. AdvertisementA blunder by Ukrainian troops appears to have allowed Russian forces to advance and capture large parts of a village unopposed. The 47th Mechanized Brigade was due to be relieved by the 115th along the front line just east of Ocheretyne. AdvertisementMelnyk said the only reason Russia was unable to continue its advance was because the 47th Brigade rejoined the fight. An update on the Ukrainian Deep State website, which tracks changes on the battlefield, showed that Russian forces had captured large parts of the village.

Persons: —, Mykola Melnyk, Hope, Vadym, Melnyk, Ocheretyne, Chasiv Yar, David Axe Organizations: 115th Mechanized Brigades, Service, 47th Mechanized Brigade, 115th Mechanized Brigade, 115th, Rifle Brigade, Facebook, 115th Brigade, Financial Times, 47th Brigade, Getty, for, Ukraine's 67th Mechanized Brigade, Forbes, Ukraine's Locations: Ukrainian, Avdiivka, Ukraine, Ocheretyne, Russia, Russian, AFP, Donetsk Oblast, Pokrovsk, Ukraine's, Bakhmut, Ukraine's Donetsk

☆ Read Everest-scaling mountaineer George Mallory’s last letters, digitized for the first time
▼ + stars: | 2024-04-26 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +10 min

Nearly a century later, newly digitized letters shed light on Mallory’s hopes and fears about ascending Everest, leading up to the last days before he disappeared while heading for its peak. Mallory’s words, however, are now available to read online in their entirety for the first time. The college will display a selection of Mallory’s letters and possessions in the exhibit “George Mallory: Magdalene to the Mountain,” opening June 20. APThe Everest letters outline Mallory’s meticulous preparations and equipment tests, and his optimism about their prospects. Magdalene College/APOther letters Mallory exchanged with Ruth were written at the time of their courtship, while he was serving in Britain’s artillery regiment during World War I.

Persons: CNN — George Mallory, Mallory, Andrew Irvine, George Mallory, Magdalene, Irvine, Ruth, ” Mallory, ”, Katy Green, ” Green, “, Green, Jochen Hemmleb, alpinist, Hemmleb, —, Conrad Anker, Anker, Sir George Everest, Noel Odell, Odell, ” Hemmleb, Tenzing Norgay, Sir Edmund Hillary, ” Anker, Edward Norton, Edward Norton’s, ‘, ” Mindy Weisberger Organizations: CNN, Magdalene College , Cambridge, College, Magdalene College, AP, Irvine Research Expedition, Royal Geographical Society, Everest, Geographical Society, Scientific Locations: Nepal, Mallory, Irvine, Tibet, China, India, Everest’s, British, summiting

☆ Tesla's chaotic layoffs leave employees nervous and wondering when the cuts will end
▼ + stars: | 2024-04-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Tesla employees say they've been left in limbo after a week of layoffs. AdvertisementIn the wake of Tesla's mass layoffs last week, some workers who are still at the carmaker say they feel as if they've been left in limbo. Tesla workers have been put through the wringer ever since layoffs started on Sunday, April 14. "It was like all at once, people you'd seen every day were just erased from the company," the worker said. On Friday, Tesla's layoffs impacted its recruiting staff in the US.

Persons: they've, Elon Musk, —, Elon, they'd, you'd, we'd Organizations: Elon, Tesla, Service, EV, Business, Bloomberg Locations: China

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