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☆ A rate cut of 50 basis points from the U.S. Fed is 'overdue': Lighthouse Canton
▼ + stars: | 2024-08-14 | 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 EmailA rate cut of 50 basis points from the U.S. Fed is 'overdue': Lighthouse CantonAntoine Bracq of Lighthouse Canton says the U.S. Federal Reserve is "a little bit late in cutting rates."

Persons: Antoine Bracq Organizations: U.S, U.S . Federal Locations: Canton

The death of a 53-year-old Ohio man who died in police custody in April after he repeatedly told officers “I can’t breathe” has been ruled a homicide. Bodycam video shows police approaching Frank Tyson at an AMVETS post in Canton Township, Ohio, on April 18. The officers tell him he is fine and to calm down and stop fighting as he is handcuffed face down. A passing motorist whose face is blurred in the video directed officers to the AMVETS post. When the officers approach him at the bar, Tyson knocks over a barstool and tells them to get the sheriff.

Persons: “, Frank Tyson, Harry Campbell, Tyson, “ They’re, ”, “ I’ve, ” Tyson Organizations: Canton Police, leafs Locations: Ohio, Canton, Cleveland, Stark, Canton Township , Ohio

☆ The Retirement Home for N.F.L. Players That Never Was
▼ + stars: | 2024-08-03 | by ( Jenny Vrentas | Ken Belson | ) www.nytimes.com time to read: +1 min

In 2014, the Pro Football Hall of Fame announced plans for a $500 million development on its campus in Canton, Ohio. Included in the renderings was a senior care facility called Legends Landing. retirees, including those with cognitive diseases that researchers have associated with the repeated hits to the head many football players take during their careers. The care facility was trumpeted by N.F.L. Tom Benson, then the owner of the New Orleans Saints, committed $1 million toward Legends Landing as part of an $11 million contribution to the Hall of Fame.

Persons: Roger Goodell, Jerry Jones, Tom Benson, ” Mr, Benson, ” Organizations: Pro Football Hall of Fame, N.F.L, Dallas Cowboys, New, New Orleans Saints, Hall of Fame Locations: Canton , Ohio, New Orleans

☆ Indian market continues to be in a 'sweet spot': Investment firm
▼ + stars: | 2024-08-02 | 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 EmailIndian market continues to be in a 'sweet spot': Investment firmPradeep Gupta of Lighthouse Canton says investors should pay attention to sectors that are "shielded" from the global slowdown.

Persons: Pradeep Gupta Organizations: Investment, Lighthouse Locations: Lighthouse Canton

☆ My friend and I spent $390 at one of the most-awarded Chinese restaurant chains. I'd only return on 2 conditions.
▼ + stars: | 2024-07-25 | by ( Tiffany Leigh | ) www.businessinsider.com time to read: +1 min

When I was in Hong Kong, my friend and I spent $390 at Mott 32, a high-end Chinese restaurant chain. I liked most dishes I got, but I'd only return to the restaurant with a larger group of people. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOn a recent trip to Hong Kong, I decided to splurge on a meal at Mott 32, a high-end Asian restaurant chain. Mott 32 is one of the most-awarded Chinese restaurant brands in the world, with recognition from outlets like Forbes Travel Guide and Wine Spectator.

Persons: —, Mott Organizations: Mott, Service, Forbes Travel, Wine Spectator, Business Locations: Hong Kong, Canton, Shanghai, Beijing

☆ Lighthouse Canton weighs in on the small-cap rally
▼ + stars: | 2024-07-18 | 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 EmailLighthouse Canton weighs in on the small-cap rallyAntoine Bracq, managing director and global head of investment advisory at Lighthouse Canton, discusses the recent surge in small-cap stocks and the outlook for the U.S. economy.

Persons: Antoine Bracq Organizations: Lighthouse Locations: Lighthouse Canton, U.S

☆ Trekking Across Switzerland, Guided by Locals’ Hand-Drawn Maps
▼ + stars: | 2024-07-17 | by ( Photographs | Text Ben Buckland | ) www.nytimes.com time to read: +14 min

Trekking Across Switzerland, Guided by Locals’ Hand-Drawn Maps Nostalgic for a time before ubiquitous connectivity, a writer ditched his phone and relied instead on serendipity — and maps made by people he met along the way. So perhaps the most difficult day was also the day I knew for sure that I would make it — that I’d find my way across Switzerland with nothing but the hand-drawn maps of strangers. The map I’m using was drawn by Susana, a Portuguese woman who married into a local family and now runs a mountain refuge near the village of Grindelwald. Days 9 and 10 43 miles, through the original heart of Switzerland and the turquoise lakes of the canton of Glarus. This is the heart of Switzerland — the original cantons that formed the Old Swiss Confederacy, the precursor to the modern-day country.

Persons: Chris, Rocher de Naye, Melanie, Col de Chaude, d’Oex, “, ”, I’ve, ” I’ve, Rudy, Nestor, Dora, haven’t, Sherlock Holmes, Susana, I’m, Simon, he’s, They’re, Kris, Andy Clark, we’ve, it’s, Peter, Andrea, won’t, Jon, you’re Organizations: Sparta —, Restaurant, Energy, Swiss Confederacy Locations: Switzerland, American, Lake Constance, Lake Geneva, Montreux, Caux, Europe, Col, Charlotte, Gstaad, Bernese, xenia, Lenk, Adelboden, Lake, Portuguese, Grindelwald, Meiringen, Engelberg —, Tasmania, Swiss, Danish, Glarus, Schwyz, Liechtenstein

☆ 10 states with America's worst infrastructure, and most to gain from billions in federal dollars
▼ + stars: | 2024-07-11 | by ( Scott Cohn | ) www.cnbc.com time to read: +16 min

To evaluate each state's infrastructure, our Top States study considers not just roads, bridges, ports and airports. The state broadband office notes that it is the nation's ninth-largest allocation per capita. The state's power grid is among America's least reliable, according to U.S. Department of Energy data. The severe weather means power outages are frequent as well. Since then, the power outages have persisted, making Maine's grid among the worst in the nation.

Persons: Pete Buttigieg, Seth Martindale, Rusty, Dan Koeck, Doug Burgum, Biden, Mark Miller, Suzanne Kreiter, Jim Justice, Senators Joe Manchin, Shelley Moore Capito, Mississippi Brenda Gavin, Elnora Ross, Michael Democker, Robert Gauthier, We're, Lauren Owens Lambert, Logan —, stoplights, Brianna Soukup, Lance King Organizations: Companies, Business, CNBC, Infrastructure Law, Arkansas Turrell, Arkansas Broadband Office, Law, Arkansas Economic Development Corporation, North Dakota, Washington Post, Peace Garden State, U.S . Department of Energy, Power Company, Dakota Utilities, Montana Bison, Getty, Industrial, Rte, Boston Globe, Census, U.S . Department of Transportation, West Virginia, Gov, U.S, Senators, West Virginia Coal Association, Justice, Manchin, Virginia Economic, First Street Foundation, Hawaii, Los Angeles Times, Afp, Boston Regional Airport, Spirit Airlines, Orlando, Logan, JetBlue, White Mountain Cable, Portland Press, Portland Press Herald, Central Maine Power, Power, Energy Department, Maine Locations: States, Arkansas, Arkansas Turrell Arkansas, Turrell Arkansas, Underwood, Peace, North Dakota, Minnesota, Dakota, Buffalo, Yellowstone, Montana, Massachusetts, Canton, Bay State, Boston, Kanawha, Poca, West Virginia, Winfield, Putnam County, Mountain State, Virginia, Mississippi, Louin , Mississippi, Gulf, BroadbandNow, Lahaina , Hawaii, Maui, Lahaina, Western Maui, Hampshire, Hampton , New Hampshire, Manchester, New Hampshire, New England, Maine, Epsom , New Hampshire, Brighton, Woodford Street, Portland, Alaska, Dalton, Coldfoot , Alaska

☆ Lighthouse Canton discusses risks post-French election
▼ + stars: | 2024-07-09 | 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 EmailLighthouse Canton discusses one of the biggest risks post-French electionSunil Garg, managing director at Lighthouse Canton, discusses the outlook for global markets after major elections in Europe.

Persons: Sunil Garg Organizations: Lighthouse Locations: Lighthouse Canton, Europe

☆ Indian markets: Expect policy continuity under new government, asset management firm says
▼ + stars: | 2024-07-05 | 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 EmailIndian markets: Expect policy continuity under new government, asset management firm saysPradeep Gupta, executive director and India head of investments at Lighthouse Canton, discusses the outlook for Indian markets after the country's recent elections.

Persons: Pradeep Gupta Organizations: Lighthouse Locations: India, Lighthouse Canton

CNN —At least four people have died and another is missing due to flooding this weekend in southern Switzerland, according to local police and Swiss state media. Police in Switzerland’s Valais canton said another man was found dead in a hotel in Saas-Grund, adding that initial findings suggest he could have been taken by surprise by the rapidly rising waters. The public prosecutor’s office has opened an investigation into the case of the missing man in Binn and the man found dead in Saas-Grund, police said. As a result of the flooding, the Valais canton said it called on the army to provide support. Meanwhile in France, the department of Haute-Saône, which is near the border with Switzerland, was also hit with strong storms overnight.

Persons: SRF, Boris Heger, ”, Saône Organizations: CNN, Police, Getty Locations: Switzerland, Swiss, Maggia, Switzerland’s Valais, Saas, Binn, Valais, Grund, Sierre, AFP, Canton, Upper Valais, France, Haute

☆ Karen Read murder trial: Prosecutors accuse her of drunken crash while defense alleges a vast police cover-up
▼ + stars: | 2024-06-25 | by ( Eric Levenson | Faith Karimi | ) edition.cnn.com time to read: +7 min

CNN —Is Karen Read a rage-filled cop killer, or the convenient patsy of a vast police cover-up? That’s the question put to a Massachusetts jury on Tuesday in closing arguments of her murder trial in a case that has riveted the Bay State. After closing arguments Tuesday morning, the jury began deliberations at about 1:30 p.m. and continued for about three hours. A drunken Read then struck him with the vehicle and fled, leaving him to die in the snowy cold, prosecutors say. “Lie, obfuscate, manipulate, alter, and when they’re caught, they just excuse it away,” Jackson said in closing arguments.

Persons: CNN —, Karen Read, John O’Keefe, O’Keefe, Adam Lally, “, Alan Jackson, ” Read, ” Eva Jenkins, Steven Senne, Michael Proctor, Read, ”, Proctor, Maura Healey, inexcusable ”, ” Jackson, Chloe –, Firefighters, ” Lally, O’Keefe’s, “ John, they’re, “ That’s, ” Aidan Kearney, Turtleboy, Kearney Organizations: CNN, Boston Police, Boston, Prosecutors, Norfolk Superior Court, Massachusetts State Police, WCVB, WBZ Locations: Massachusetts, State, Canton, Bourne , Massachusetts, Norfolk, Dedham , Massachusetts, Fairview

☆ I went on a trip with my 91-year-old grandmother to her home country. It deepened my love and respect for her.
▼ + stars: | 2024-06-22 | by ( Meredith Wilshere | ) www.businessinsider.com time to read: +5 min

I recently traveled to Switzerland with my mom, brother, and grandmother to see where my grandmother had immigrated from over 70 years ago. She moved to the US and left her family behindMy 91-year-old grandmother, who we lovingly call Grosi, left for the United States when she was 20. Related storiesI felt the weight of the country's history, being able to map back to where everything happened for my grandmother and her family. Every moment, I had gratitude for traveling with my grandmother and family, seeing the strength and courage it took to leave it behind. The trip deepened my love and respect for my grandmother, her sacrifices to start a new life, and her strength to travel to a place where she knew no one.

Persons: Grosi, Moritz, marveling Organizations: Service, didn't Locations: Switzerland, United States, Swiss, Linthal, Zurich, Lucerne, Appenzall, Glarus, Braunwald, St

☆ We don't expect this week's U.S. inflation data to be a gamechanger: Lighthouse Canton
▼ + stars: | 2024-06-11 | 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 EmailWe don't expect this week's U.S. inflation data to be a gamechanger: Lighthouse CantonAntoine Bracq of Lighthouse Canton discusses the outlook for U.S. inflation and interest rates.

Persons: Antoine Bracq Locations: U.S, Lighthouse, Canton

☆ Opinion: What we can glean from a prisoner who ran for president
▼ + stars: | 2024-06-04 | by ( Opinion Thomas Balcerski | ) edition.cnn.com time to read: +7 min

CNN —Donald Trump is the first former president to be found guilty of felonies, but he isn’t the first convicted person to run for president in the US. Despite having been sentenced to 10 years in prison for sedition, Debs incredibly received some 914,191 votes, a higher number than when he ran as a free man in 1912. 9653.”Even from prison, Debs cleverly electioneered through the new medium of motion pictures. Following the election of Warren G. Harding in 1920, pressure was placed on outgoing President Woodrow Wilson to pardon Debs. They will choose whether the verdict at Trump’s trial undermined faith in our legal system or was justice being served.

Persons: Thomas Balcerski, James Buchanan, William Rufus King ”, CNN — Donald Trump, Eugene V . Debs, Debs, Trump, ” Eugene Victor, Gene, ”, “, Warren G, Harding, Woodrow Wilson, Wilson, — Organizations: Eastern Connecticut State University, Oxford University Press, CNN, Socialist Party, Justice Department, Debs Universal, Republicans, Twitter, Facebook, Reuters, Republican, Trump Locations: Canton , Ohio, Atlanta, America, York

☆ ‘Appeal to Heaven’ flag meaning: A closer look at the flag flown outside Alito’s house
▼ + stars: | 2024-05-31 | by ( Aj Willingham | ) edition.cnn.com time to read: +8 min

Like many flags and historical symbols, the Appeal to Heaven flag has multiple meanings and has been used in differing capacities. What is ‘An Appeal to Heaven?’The Appeal to Heaven flag, or “Pine Tree” flag, features a green pine tree on a white field, with the words “An Appeal to Heaven” in black text above it. The pine tree retained this meaning of resistance, and has appeared on some state flags and seals. However, the polarizing recent history of the Appeal to Heaven flag is starting to become known. This week, the city of San Francisco made the decision to remove an “Appeal to Heaven” flag that flew alongside several other flags over City Hall.

Persons: Samuel Alito, Mike Johnson’s, George Washington’s, Alito, Johnson, ”, John Locke’s “, Donald Trump, Trump, Carolyn Kaster, Jemar Tisby, Tisby, Barack Obama’s, Sheets, “ It’s, it’s, ” Sheets, “ There’s, Mike Johnson, CArlos Barria, George Washington, “, ” Alito, San Francisco, Daniel Montez, Josh Du Lac Organizations: CNN, American, Continental Army, Trump, Simmons College, Tea Party, Republican, Christian, Associated Press, ’, City, Francisco Recreation, Parks Locations: New Jersey, Massachusetts, San Francisco’s, British, New England, Washington ,, Kentucky, Gadsden, Ohio, San, Francisco

☆ AI: The 'hardware folks' are where the visibility is, investment firm says
▼ + stars: | 2024-05-28 | 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 EmailAI: The 'hardware folks' are where the visibility is, investment firm saysSunil Garg of Lighthouse Canton says "one's got to be positive on AI, but not on everything."

Persons: Sunil Garg, one's Locations: Canton

☆ Nissan delays shift to EVs at Mississippi factory, postponing five new models
▼ + stars: | 2024-05-21 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Nissan is postponing a push to build new electric vehicles at its Canton, Mississippi, factory as sales of EVs are now growing more slowly than many industry experts had expected. EV sales in the US grew 2.6 % in the first quarter of 2024 compared to the same period in 2023, according to Kelley Blue Book. First quarter EV sales last year had outpaced 2022’s by a stunning 46.4%. Nissan still plans to offer a total of 19 EV models globally by 2030, a spokesperson said. Nissan previously announced it would invest $500 million in the factory to prepare it build the new electric vehicles.

Persons: Kelley, ” Nissan, Ford Organizations: CNN, Nissan, EV, Power, Infiniti, Automotive News, GM, Silverado EV Locations: Canton , Mississippi, Canton, Mississippi

☆ Election officials in battleground Michigan grapple with sweeping voting changes and a presidential election
▼ + stars: | 2024-05-20 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +9 min

The state’s highly decentralized system of administering voting means that “Michigan has 1,500 elections every big election day,” said Kyle Whitney, the city clerk of Marquette in the state’s Upper Peninsula. ‘We’re all beginners’The new rules in Michigan flow from a constitutional amendment that state voters approved by a wide margin in 2022 that dramatically expanded access to voting. Miller was elected to succeed the previous, term-limited clerk and is overseeing her first presidential election. Deborah Pellow, the part-time clerk of rural Tilden Township in the Upper Peninsula, is also overseeing her first presidential election this year. The next big test for Michigan comes in August, when voters cast primary ballots for congressional, state and local offices.

Persons: Michael Siegrist, Joe Biden, Donald Trump, tabulators, Biden, ”, Kyle Whitney, ” Whitney, Brennan, ‘, “, ” Lori Miller, Miller, “ It’s, Deborah Pellow, Pellow, Adam Wit, –, Shira Roza, Carlos Osorio, Angela Benander, Joycelyn Benson, Jacqueline Beaudry, ” Benander, ‘ We’re Organizations: CNN, Ferrari, Republican, Trump, Brennan Center for Justice, Wolverine State, Biden’s, Michigan’s, Democratic, Michigan Association of Municipal, Michigan Locations: Michigan, Canton Township, Antrim County, Marquette, Wolverine, Livonia, Detroit, Wayne County, Tilden Township, Canton, Harrison, Warren , Michigan, Ann Arbor City, Tilden

☆ Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
▼ + stars: | 2024-05-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Shoppers line up to enter a Cartier store, a unit of Cie. Financiere Richemont SA, on Canton Road in the Tsim Sha Tsui area of Hong Kong. Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after the company reported record full-year sales, even as Asia-Pacific spending waned. The Cartier owner said group sales rose 3% at actual exchange rates to an all-time high of 20.6 billion euros ($22.38 billion) in the financial year ending in March, despite a weakening outlook for luxury brands. Fiscal fourth-quarter sales fell 1% to 4.8 billion euros at actual rates, driven by a slowdown in Asia-Pacific. In a separate statement, the company announced Nicolas Bos, CEO of Van Cleef & Arpels, as its new group CEO, effective June 1.

Persons: Financiere, Cartier, Johann Rupert, Nicolas Bos, Van Cleef Organizations: Cartier, Cie, Financiere Richemont SA Locations: Canton, Tsui, Hong Kong, Asia, Pacific, London, Asia Pacific

☆ ‘A Calculating Killer or a Damsel in Distress?’: The Trial Transfixing Boston
▼ + stars: | 2024-05-15 | by ( Jenna Russell | ) www.nytimes.com time to read: +1 min

In the early hours of Jan. 29, 2022, as a snowstorm raged, a 46-year-old Boston police officer, John O’Keefe, was discovered unresponsive outside the home of a fellow officer in Canton, Mass. Officer O’Keefe had severe head injuries and hypothermia and was pronounced dead that morning. Ms. Read was arrested three days later, and the case has transfixed Boston ever since. Ms. Read, 44, is now on trial in a Massachusetts courtroom, accused of killing Officer O’Keefe by backing into him with her sport utility vehicle after an argument and then leaving the scene. Her lawyers, along with a vocal and devoted squad of defenders, say she is innocent, alleging a sweeping conspiracy and cover-up by law enforcement officials to hide the truth about the murder.

Persons: John O’Keefe, Karen Read, O’Keefe, Read Organizations: Boston Locations: Canton , Mass, Massachusetts

☆ Lighthouse Canton CEO: We're overweight on the semiconductor and health-care sectors
▼ + stars: | 2024-04-24 | 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 EmailLighthouse Canton CEO: We're overweight on the semiconductor and health-care sectorsShilpi Chowdhary, Group CEO at Lighthouse Canton, discusses the company's investment themes and earnings season.

Organizations: Lighthouse Locations: Lighthouse Canton

☆ Karen Read trial: Boston cop John O’ Keefe’s girlfriend goes on trial for murder
▼ + stars: | 2024-04-16 | by ( Faith Karimi | ) edition.cnn.com time to read: +8 min

O’Keefe’s body was found in the snow on January 29, 2022, outside the home of a fellow Boston police officer in Canton, Massachusetts. Boston Police Department/AP“It’s fair to say a large number of people in Massachusetts know about this case,” Medwed told CNN. As the trial gets underway at the Norfolk County Superior Court building in Dedham, Massachusetts, here are the key highlights. The body of police officer John O'Keefe was found near the fire hydrant outside this home on Fairview Road in Canton, Massachusetts. Protesters gather outside the courthouse during a recent pretrial hearing for Karen Read at Norfolk County Superior Court in Dedham, Massachusetts.

Persons: John O’Keefe, Karen Read, Daniel Medwed, John O'Keefe, ” Medwed, haven’t, Read, Craig F, Walker, Alan Jackson, David Yannetti, Jackson, O’Keefe, ” Jackson, “, Kevin Reddington, Michael Morrissey, ” Morrissey, David L, Ryan, Adam Lally, “ It’s, ” Lally, Helena Rafferty, Karen Read ”, Beverly Cannone, Cannone, ” Cannone, Read’s Organizations: CNN, Boston Police, Boston, Lexus, Northeastern University . Boston Police, Boston Police Department, Court, Boston Globe, US, Office, District of, Massachusetts State Police, Protesters, Superior, WFXT, Canton Police Locations: Canton , Massachusetts, Canton, Norfolk County, Boston, Massachusetts, Norfolk, Dedham , Massachusetts, Fairview, …, Aruba, District of Massachusetts, Superior Court

☆ Having zero positioning in China is not warranted anymore: Strategist
▼ + stars: | 2024-03-26 | 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 EmailHaving zero positioning in China is 'not warranted anymore' as we see market upside aheadSunil Garg of Lighthouse Canton suggests looking at "domestic consumer plays" such as electric vehicles for investors looking to get back into the Chinese market.

Persons: Sunil Garg Locations: China, Lighthouse Canton

☆ Five Cross-Country Skiers Found Dead in Switzerland, AFP Reports
▼ + stars: | 2024-03-11 | by ( March | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Five cross-country skiers were found dead in Switzerland and a search is still on for a sixth skier, AFP reported on Monday, citing police. Police in Switzerland's Valais canton on Sunday were searching for six people who went missing during a ski tour that departed from the Alpine town of Zermatt. The skiers, five of them members of the same family, went missing around Tete Blanche mountain on Saturday on the Zermatt-Arolla path, near the Matterhorn mountain that straddles the border between Switzerland and Italy, police had said earlier. The skiers were between the ages of 21 and 58, according to police. Five belonged to one family from the Valais canton, while a sixth person is from the canton of Fribourg.

Persons: Gursimran Kaur, Himani Sarkar, Jamie Freed Organizations: Reuters, AFP, Police, Sunday Locations: Switzerland, Switzerland's Valais, Alpine, Zermatt, Valais, Tete Blanche, Italy, Fribourg, Bengaluru

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