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☆ Italian Sentenced in Killing of Ex-Girlfriend, Giulia Cecchettin
▼ + stars: | 2024-12-03 | by ( Elisabetta Povoledo | ) www.nytimes.com time to read: 1 min

Giulia Cecchettin was just days away from graduating with a degree in biomedical engineering at the University of Padua, in Italy, when her disgruntled ex-boyfriend confronted her, demanding that she take him back. Her body was found a week later, wrapped in plastic bags and thrown in a ditch. On Tuesday, more than a year after Ms. Cecchettin’s killing, her former boyfriend, Filippo Turetta, was convicted of murder and sentenced to life in prison, concluding a case that has outraged people across Italy, where chauvinistic attitudes remain deeply rooted at all levels of society. In the first 11 months of this year, 101 women were killed in Italy, more than half by their current or former partners, according to Italy’s Interior Ministry. But Ms. Cecchettin’s story has stood out, striking a particularly deep chord across the country.

Persons: Giulia Cecchettin, Cecchettin’s, Filippo Turetta Organizations: University of Padua, Interior Ministry Locations: Italy

☆ This year's Cyber Monday just shattered e-commerce records
▼ + stars: | 2024-12-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Cyber Monday was officially the biggest online-shopping day ever, according to fresh data from Adobe and Salesforce. The average order value on Cyber Monday rang in at $124 per transaction and included 3.5 items, Salesforce found. Mobile sales accounted for more than half of the Cyber Monday total, Adobe found. Online shoppers were also busier than usual in the days leading up to Monday — now called Cyber Week — with Thanksgiving and Black Friday seeing considerable sales growth over last year. Adobe expects total US holiday sales this year to top $240 billion, up 8.4% from last year.

Persons: Caila Schwartz, Schwartz, Salesforce, Salesforce's Schwartz, —, Vivek Pandya Organizations: Adobe, Mobile

☆ Alex Consani becomes first transgender Model of the Year
▼ + stars: | 2024-12-03 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

CNN —American model Alex Consani has become the first transgender woman to win Model of the Year, following a string of high-profile runway appearances for labels like Chanel, Stella McCartney and Victoria’s Secret. “Because change is more than possible — it’s needed.”Consani takes the stage at the Royal Albert Hall in London to accept the award for Model of the Year. In October, Consani and Valentina Sampaio made history by becoming the first trans models to appear on the runway at the Victoria’s Secret Fashion Show. Black trans model Kai-Isaiah Jamal was among the nominees for last year’s award, which was ultimately won by plus-size model Paloma Elsesser. Categories for the best British menswear and womenswear designers were meanwhile awarded to Grace Wales Bonner and Simone Rocha, respectively.

Persons: Alex Consani, Chanel, Stella McCartney, Consani, Ashley Graham, Nava Mau, Jeff Spicer, Claudia Schiffer, Hailey Bieber, Hadid, Tom Ford, Alexander McQueen, Versace, Valentina Sampaio, Dilara Findikoglu, —, Connie Fleming, Aaron Rose Philip —, “, Kai, Isaiah Jamal, Paloma Elsesser, Jonathan Anderson, Loewe, JW Anderson, Anna Wintour, Rihanna, Samir Hussein, Debbie Harry, Rita Ora, Venus Williams, Rocky, Grace Wales Bonner, Simone Rocha Organizations: CNN, Royal Albert Hall, IMG, Turkish, British Fashion Council, Rocky, London Fashion Week’s Locations: American, London, TikTok, British, Dilara Findikoglu , California, Palestine

☆ We took our kids to fancy resorts in Bali, but we were all happier once we moved to a cheaper accommodation with less frills
▼ + stars: | 2024-12-03 | by ( Melissa Noble | ) www.businessinsider.com time to read: +4 min

We started with the fancier resorts, which were amazing but didn't feel specialThe Holiday Inn Resort Bali Nusa Dua was beautiful. Melissa NobleOur first stop was the Bali Mandira Beach Resort and Spa, which came highly recommended by our friends. AdvertisementThe resort felt peaceful with sprawling, immaculately tended gardens, yet it was still close to the action. We could step outside and explore the markets around Legian, then retreat back into the Bali Mandira oasis. Next, we headed to the five-star Holiday Inn Resort Bali Nusa Dua, which overlooks Benoa Bay.

Persons: Melissa Noble, It's, We've, we've Organizations: Bali Ngurah Rai International Airport, Google, Green Fields, Green Field Locations: Bali, Bali Nusa Dua, Bali Ngurah Rai, Legian, Benoa, Australia, Indonesia, Ubud

☆ Filippo Turetta: Ex-boyfriend sentenced to life in prison in femicide case that gripped Italy
▼ + stars: | 2024-12-03 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

He was also ordered to pay financial damages to the victim’s family in addition to covering their legal fees. The court also heard a list Cecchettin wrote entitled “15 reasons I should leave Filippo” that her family found. One woman is killed by a boyfriend, husband or ex-partner every three days in Italy, according to government statistics. Giulia Cecchettin was the 105th victim of 2023. “Giulia was killed by a respectable, white Italian man,” Elena Cecchetin wrote on social media, adding, “What is the government doing to prevent violence?”

Persons: Rome, Rome CNN —, Filippo Turetta, Giulia Cecchettin, Cecchettin, Turetta, Cecchettin’s, Gino, Gino Ceccettin, ”, Andrea Petroni, didn’t, “, Giovanni Caruso, Pablo Escobar, ” Caruso, Filippo ”, Cecchetin’s, Elena, Giulia, Giorgia Meloni, “ Giulia, ” Elena Cecchetin Organizations: Rome CNN, University of Padua, Giulia Cecchettin Foundation Locations: Italy, Venice, Germany

☆ I've visited 94 countries. I always follow these 4 money-saving tips when I travel.
▼ + stars: | 2024-12-03 | by ( Lola Méndez | ) www.businessinsider.com time to read: +3 min

AdvertisementI've spent years traveling to 94 countries which has taught me some great money-saving travel tips. I don't pay to check a bag when I travel, and I seek out free activities, like walking tours. Throughout my trips to 94 countries and all seven continents, I've learned a lot of ways to save money abroad — some through trial and error. Get the best deal on local currencyI don't travel with cash unless I'm going to a destination where it's difficult to access ATMs. I also check sites like GuruWalk and SANDEMANs, which offer free local walking tours around the globe.

Persons: I've, Charles Schwab Organizations: Getty Locations: Turkey, Tunisia, Jordan, Egypt, Estonia, Uruguay, Thailand

☆ Putin makes it official: Russia is all in on defense spending
▼ + stars: | 2024-12-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

AdvertisementPutin has signed off on a record defense budget for 2025 amid the ongoing Ukraine war. Defense spending will rise to 13.5 trillion rubles, making up a third of the country's budget. Russian President Vladimir Putin has signed off a federal budget that will boost defense spending to a record level next year. However, Russia's economy is under pressure, with wartime activities driving the economy so hot that inflation has spiked. Russia's economy ministry forecasts that the country's economy will grow by 3.9% this year and 2.5% next year.

Persons: Vladimir Putin, Putin, Russia's, Andrei Kostin, VTB —, —, Kostin Organizations: Putin, Defense, Russian, Russia, Institute for, Reuters, Monetary, IMF Locations: Ukraine, Russian, Russia, Russia's

☆ An ex-YouTuber with 6.5M subscribers is now an entrepreneur and investor. Here's how he stays fit whilst running his businesses.
▼ + stars: | 2024-12-03 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

He shared his tactics for staying fit while running his own businesses and traveling often. AdvertisementWith so many projects on the go, his schedule looks very different from week to week, and it can be hard to maintain a consistent fitness routine. Lee shared how he keeps fit to achieve these goals while running his own businesses. When he's traveling, he goes to the gym or goes on runs because it helps him manage jetlag and anxiety. AI-driven workoutsBecause of all the traveling Lee does, he struggles to keep to a strict workout schedule or work with a personal trainer consistently.

Persons: Caspar Lee, YouTuber, he's, Lee, Joe Wicks, David Parry, I'm, Ambar Driscoll Organizations: Influencer, Gemini, YouTube, Google Locations: London, England

☆ Kursk offensive: Ukraine’s soldiers fight to hold onto Russian region
▼ + stars: | 2024-12-03 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +4 min

Sumy, Ukraine CNN —The dawn assault inside Russia’s Kursk region never even got to a gunfight, yet betrayed the intensity of the battle in Kremlin territory. They provide a rare insight into the nearly four-month-long Ukrainian occupation of Kursk. A funeral ceremony in Irpin, Ukraine, is held last month for Serhii Solovyov, a soldier who died during the Kursk offensive. Recent Russian assaults in his area of Kursk have proven as ineffective as costly, he said. His drone commander, callsign “JS” for Java Script, said the unit killed 50 Russians that day.

Persons: “, ”, Oleksandr, ” Oleksandr, –, Donald Trump, Serhii Solovyov, Evgeniy, you’re, Chasiv Yar, Volodymyr Zelensky, ” JS Organizations: Ukraine CNN, 225th, Kyiv, US, Trump, United, 76th Brigade, Korean, Pentagon, Kyodo, Kremlin, ”, Java Locations: Sumy, Ukraine, Russia’s Kursk, Kremlin, Ukrainian, Kursk, Irpin, Budapest, Russia, United Kingdom, United States, Belarus, Kazakhstan, England, Bakhmut

☆ Jakob Ingebrigtsen: Olympic champion’s father to stand trial over physical and mental abuse charges
▼ + stars: | 2024-12-03 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —The father of decorated Norwegian distance runner Jakob Ingebrigtsen will stand trial next year after being charged with physical and mental abuse of his son, Norwegian public prosecutors told CNN Sport. “I can confirm that Gjert Ingebrigtsen on November 29th was indicted by our office for physical and mental abuse of his son Jakob Ingebrigtsen,” public prosecutor Birgitte Budal Løvlund told CNN. Jakob Ingebrigtsen is one of the world’s most successful track athletes and a huge star in Norway. From left to right, Henrik, Jakob and Filip Ingebrigtsen celebrate during the 2018 European Championships in Berlin. In a story for Norwegian newspaper VG published last year, Jakob, Henrik and Filip spoke about feeling “discomfort and fear” around their father since they were children.

Persons: Jakob Ingebrigtsen, Gjert Ingebrigtsen, – Henrik, Filip, Jakob –, Ingebrigtsen, Birgitte Budal Løvlund, ” Løvlund, “, John Christian Elden, Heidi Reisvang, Elden Advokatfirma, Henrik, Jakob, Filip Ingebrigtsen, Alexander Hassenstein, “ Jakob, Espen Skoland, ”, Gjert, VG, Per, Gilje Nordås Organizations: CNN, CNN Sport, Paris Olympics, “ Locations: Norwegian, Sør, Rogaland, Norway, Tokyo, Berlin

☆ Trent Williams: Sondra Williams, wife of 49ers tackle, announces son was stillborn at 35 weeks
▼ + stars: | 2024-12-03 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Sondra Williams, the wife of San Francisco 49ers tackle Trent Williams, said on social media that their son, Trenton, was stillborn on November 24. Sondra wrote on Instagram that it had been “extremely hard trying to process the saddest Hello and Goodbye.” She also said she had lost Trenton’s twin earlier in the pregnancy. Knowing I will never be able to watch you grow older alongside your sisters has my eyes filled with tears,” she said. And for that, my heart smiles with gratitude.”In the post, Sondra added that Trenton had been diagnosed with trisomy 13, which is also known as Patau syndrome. “And then he had to cremate him on Friday, so he’s been dealing with that and he’s working through it.

Persons: Sondra Williams, Trent Williams, Sondra, ”, “, Kyle Shanahan, Williams, –, ” Shanahan, you’ve, ” Williams, Charvarius Ward, Amani Joy Organizations: CNN, San Francisco 49ers, National Library of Medicine, National Library of Medicine . San, 49ers Locations: Trenton, National Library of Medicine . San Francisco

☆ Earn $800,000? You Might Get Financial Aid at an Elite N.Y.C. School.
▼ + stars: | 2024-12-03 | by ( Eliza Shapiro | ) www.nytimes.com time to read: +1 min

It’s one thing to be rich in New York City these days. It’s quite another to be able to afford private school. This divide between the haves and have-mores helps tell the story of a city turned so upside down by rising prices that even the very upper end of the middle class is feeling squeezed. Private schools are seen by many families as a crucial ladder to top colleges and social connections. New York City private schools have turned out some of the most influential people in America, including Secretary of State Antony J. Blinken; Jamie Dimon, the JPMorgan Chase chief executive; and several generations of Rockefellers and Kennedys.

Persons: Antony J, Blinken, Jamie Dimon Organizations: Private, JPMorgan Chase Locations: New York City, America

☆ Chad Chronister Withdraws as Trump’s Pick to Lead DEA
▼ + stars: | 2024-12-03 | by ( Alan Feuer | ) www.nytimes.com time to read: +1 min

Sheriff Chad Chronister, President-elect Donald J. Trump’s pick to lead the Drug Enforcement Administration, withdrew his name from consideration for the office on Tuesday, only three days after he was nominated. Sheriff Chronister, who is in charge of the sheriff’s department in the Florida county that is home to Tampa, announced his withdrawal in a message on social media, saying that as “the gravity of this very important responsibility set in,” he had changed his mind about accepting the nomination. “There is more work to be done for the citizens of Hillsborough County and a lot of initiatives I am committed to fulfilling,” he wrote. “I sincerely appreciate the nomination, outpouring of support by the American people, and look forward to continuing my service as Sheriff of Hillsborough County.”With 48 days still to go before Mr. Trump takes office, Sheriff Chronister is the second of Mr. Trump’s appointments to back out of a nomination. And a handful of other picks are facing potentially rocky paths in the Senate.

Persons: Chad Chronister, Donald J, Sheriff Chronister, ”, “, Trump, Matt Gaetz Organizations: Drug Enforcement Administration, Mr, Sheriff Locations: Florida, Tampa, ”, Hillsborough County

☆ Sean ‘Diddy’ Combs accused of dangling woman off balcony in new lawsuit
▼ + stars: | 2024-12-03 | by ( Sandra Gonzalez | Elizabeth Wagmeister | ) edition.cnn.com time to read: +4 min

CNN —Sean “Diddy” Combs has been accused of sexual battery by a woman who claims that in September 2016 the music producer dangled her from a 17-story balcony as others were on site, including his former girlfriend Cassie Ventura. Once Combs gained entry, he spotted Bongolan on the balcony and “advanced on her,” the suit states. This alleged incident, however, was stated in Ventura’s suit as having taken place after an August 2015 so-called freak-off, the term prosecutors and others allege was used to describe Combs’ drug- and sex-fueled parties. In May, CNN published a surveillance video that showed Combs physically abusing Ventura in 2016 in a Los Angeles hotel. Combs apologized two days after the video was broadcast in a video shared on social media.

Persons: Sean “ Diddy ” Combs, dangled, Cassie Ventura, Bryana “ Bana ” Bongolan, Combs, ”, ” Bongolan, “, Bongolan, banister, Ventura, I’m, ” Combs Organizations: CNN Locations: “, Ventura’s, Los Angeles, Ventura

☆ I took my 3 kids to India to relive my study-abroad days. Traveling in my 40s is a whole new kind of magic.
▼ + stars: | 2024-12-03 | by ( Wendy Altschuler | ) www.businessinsider.com time to read: +6 min

It showed her how different it feels to travel in your 20s alongside students versus exploring with kids in tow. Delving deep, I was fully immersed in my classes, reading every book on the recommended list and watching every film. Studying abroad in IndiaDuring my last year in school, as part of my study-abroad program, I volunteered at a children's home about 90 minutes south of Delhi. AdvertisementAfter a day of serving others, I'd return to the YMCA, my home in New Delhi at the time. AdvertisementAltschuler (second from left) was reminded of all the kindness in India on her second trip to India.

Persons: Wendy Altschuler, I hadn't, I'd, I've, Chandni, we'd, Taj Mahal, Chandra Mahal, Altschuler, Wendy Altschuler Sojourning Organizations: YMCA, Lotus Locations: India, Little India, Delhi, Agra, Jaipur, New Delhi, South, Southeast Asia, Red, Jama, Old Delhi, Agra Fort, Pink City, City

☆ Italy bans Airbnb self-check-ins
▼ + stars: | 2024-12-03 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +3 min

For travel tips, recipes and more insight on Italian culture, sign up for CNN’s Unlocking Italy newsletter. This eight-part guide will have you packing your bags in no time. Rome CNN —The days of arriving late at an Airbnb in Italy and opening up the key box to let yourself will soon be over after the country issued a ban on self-check-ins under a new law it says is needed to combat potential terrorism. The ban represents a tightening up of Italian law. Local governments have already welcomed the move, which comes on the heels of a ban on keyboxes issued by the Tuscan city of Florence in mid-November.

Persons: Rome Roberto Gualtieri, ”, Daniela Santanché Organizations: Rome CNN, Interior Ministry, CNN, ” CNN Locations: Rome, Italy, Cortina, Tuscan, Florence, ”

☆ Winter weather blast to bring more snow to Northern states making travel hazardous
▼ + stars: | 2024-12-03 | by ( Patrick Smith | ) www.cnbc.com time to read: +1 min

A new Arctic blast is set to dump more snow onto the Great Lakes and the Northeast, as winter weather caused transport chaos and left thousands stranded. Lake-effect snow is still affecting areas downwind of Lake Erie after several punishing days of winter weather and is expected to last through Wednesday. Some 5 million people are under winter weather and lake-effect snow warnings across the Great Lakes for Tuesday — including South Bend, Indiana; Muskegon, Michigan; Cleveland; Erie, Pennsylvania, and Syracuse, New York. By Wednesday, the clipper weather system should bring snow to the interior Northeast and New England, while intensifying snowfall in areas downwind of the Great Lakes. In Pennsylvania, homes and vehicles were buried in more than 5 feet of snow, with chaos on the roads.

Persons: Michelle Grossman Organizations: United, National Weather Service, NBC, Police, Michigan State Police Locations: Erie , Pennsylvania, Lake Erie, Canada, Great, United States, Quebec, Michigan, Lakes, South Bend , Indiana, Muskegon , Michigan, Cleveland, Syracuse , New York, New England, Ohio, In Pennsylvania, Hartford, Van Buren County

☆ Israel threatens to ‘go deeper’ into Lebanon as strikes strain ceasefire
▼ + stars: | 2024-12-03 | by ( Mick Krever | ) edition.cnn.com time to read: +5 min

Were the ceasefire to collapse, he said, “there will no longer be any exemptions for the State of Lebanon. The United Nations peacekeeping force in Lebanon, UNIFIL, said Israel had breached the ceasefire agreement “approximately 100” times since the truce went into effect. “Both the French and the Americans didn’t really like it,” Smotrich said, referring to Israeli strikes on Lebanon since the truce. Under the agreement, Lebanon would implement a more rigorous supervision of Hezbollah’s movements south of the country’s Litani River, to prevent militants from regrouping there. “We will act with full force to enforce all the understandings of the ceasefire agreement, and we will respond with maximum response and zero tolerance,” Katz said.

Persons: ” Israel Katz, Israel Katz, Elad Malka, Matthew Miller, Bezalel Smotrich, Israel’s Kan, Israel, didn’t, ” Smotrich, Benjamin Netanyahu, Smotrich, Mount Dov, ” Katz Organizations: CNN, 146th Division, Israel Defense Forces, State, –, Israeli Defense, Division, Ministry of Defense, United, Israeli, United Nations, Lebanese Health Ministry, IDF Locations: Israel, Lebanese, Lebanon, “, State, Beirut, Dahiyeh, retaliating, United States, UNIFIL, ”, Israeli, Syria

☆ Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
▼ + stars: | 2024-12-03 | by ( Patrick Kingsley | ) www.nytimes.com time to read: 1 min

In September last year, the top United Nations envoy for the Middle East peace process left a meeting with Hamas leaders in Gaza thinking that he had helped avert a major escalation. The veteran Norwegian diplomat, Tor Wennesland, said he believed that Hamas had agreed to reduce recent tensions along the Israel-Gaza border in exchange for more work permits for Gazan workers. But Hamas had bluffed Mr. Wennesland, along with the Israeli leadership and much of the international community. Days later, the group’s fighters attacked Israel, setting off the deadliest year in the history of the Israeli-Palestinian conflict. It was a misconception that Mr. Wennesland now says is emblematic of the problem with the international community’s recent approach to the Israeli-Palestinian conflict.

Persons: Tor Wennesland, Wennesland Organizations: United Nations, Hamas Locations: Gaza, Norwegian, Israel

☆ Why your employer might love for you to quit
▼ + stars: | 2024-12-03 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

It’s also true, however, that sometimes they would like at least some employees to quit, and not just the underperformers whom they’d otherwise like to fire. When employers might welcome your leavingThere are a myriad reasons why an employer might push people to quit. It’s worth checking, too, if the employment laws in your state impose any other restrictions on the employer. … Poor management is not illegal,” said Brian Heller, an employee-side attorney and partner at Schwartz Perry & Heller in New York. The only leverage you have in this kind of situation is not to quit, since quitting is what your employer wants, Heller noted.

Persons: can’t, It’s, Jesse Meschuk, Donald Trump, ”, Elon Musk, Vivek Ramaswamy, Trump, ” Meschuk, Meschuk, Joy Webb, Merritt Webb, you’ve, doesn’t, Chris Williams, You’re, Williams, I’m, Brian Heller, Schwartz Perry, Heller, “, Webb Organizations: CNN, Fortune, White, of Government, Wall Street, Microsoft Locations: overhiring, North Carolina, New York

☆ A false alarm triggered an emergency landing for an American Airlines flight from Chicago to Las Vegas
▼ + stars: | 2024-12-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

AdvertisementAn American Airlines Boeing 737 made an emergency landing during the Thanksgiving weekend. An American Airlines jet made an emergency landing Sunday after the crew reported a "possible electric issue." Advertisement"An indicator light identified a possible mechanical issue that, after inspection, was confirmed to be false," an American Airlines spokesperson told Business Insider. American Airlines said last month it expected to fly 8.3 million people across more than 77,000 flights — with Sunday the busiest day. AdvertisementThe incident came eight days after an American Airlines passenger was taken to hospital after a 777 encountered turbulence between Brazil and Miami.

Organizations: American Airlines Boeing, FAA, American Airlines, Boeing, Chicago O'Hare, Airlines, Chicago O'Hare International Airport, Federal Aviation Administration, The Aviation Herald, . American Airlines, Passengers, Las Vegas, USA Locations: Chicago, Las Vegas, San Francisco, Brazil, Miami

☆ Trump ramped up his trade threats against a group of nations that are skeptical of the dollar. Here's what the US buys from the 9 countries at risk.
▼ + stars: | 2024-12-03 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +4 min

AdvertisementPresident-elect Donald Trump's latest tariff threat is 100% on goods from a group of nine countries known as BRICS. Business Insider looked at the top goods the US imports from BRICS nations, including medicine, apparel, and electronics. Census Bureau trade data showed that in 2023, the BRICS nations together accounted for about $578 billion in imports to the US. India accounted for much of the imports when looking at the BRICS nations, excluding China. Luiz Inácio Lula da Silva, Brazil's president, proposed creating a common currency among the BRICS nations last year, which could help avoid US sanctions.

Persons: Donald Trump's, Trump, Luiz Inácio Lula da Silva, Dmitry Peskov, GOP Sen, Bill Hagerty, Hagerty Organizations: United, United Arab Emirates, U.S, International Trade, Business, China, Trump, Walmart, Columbia, GOP, NBC Locations: BRICS, Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran, United Arab, America, Mexico, Canada

☆ Cyber Monday was the biggest US online shopping day ever
▼ + stars: | 2024-12-03 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

US consumers spent a total of $13.3 billion on Cyber Monday, up 7.3% from the previous year, according to Adobe Analytics. “While Cyber Monday remained the season’s and year’s biggest online shopping day, year-over-year growth was stronger on both Thanksgiving and Black Friday,” Vivek Pandya, lead analyst at Adobe Digital Insights, said in a statement. Online spending on Thanksgiving Day and Black Friday were up 8.8% and 10.2% year-over-year, respectively, according to Adobe. The record sales on Cyber Monday were boosted by US consumers shopping on their mobile devices, which accounted for $7.6 billion in spending. Salesforce painted a slightly different picture for US Cyber Monday, recording $12.8 billion in sales, up 2% from the previous year.

Persons: ” Vivek Pandya, Pandya, Harry Potter, Donald Trump, “, Corie Barry, Rufus, Salesforce, CNN’s Elisabeth Buchwald Organizations: CNN, Adobe Analytics, Adobe, Adobe Digital, Shoppers, Nintendo, Consumer Technology Association, Global Locations: Mexico, Canada, China, Salesforce

☆ Morgan Stanley says Black Friday made retail winners even more clear. See which stocks it likes
▼ + stars: | 2024-12-03 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Morgan Stanley said Black Friday traffic provided further evidence that some retail names are outperforming their peers. Equity analyst Alex Straton said Black Friday proved to be a "powerful demand catalyst" as shoppers searched for the best deals online and in store. However, the analyst does have an idea of what stocks are currently on the top performers list from the softline retail cohort. Straton called Lululemon the "clear winner" within sportswear. Investors should be discerning when thinking about these retail winners and losers as stock plays.

Persons: Morgan Stanley, Alex Straton, laggards, Straton, Lululemon, bode, LULU, Kate Spade Organizations: Black, LSEG, Wall Street, American Eagle Outfitters

☆ Ousted Intel CEO Pat Gelsinger is leaving the company with millions
▼ + stars: | 2024-12-03 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Intel may have ousted CEO Pat Gelsinger, but he’s leaving the company with a significant payday. He’s set to receive 18 months of his base annual salary of $1.25 million, according to a filing with the Securities and Exchange Commission. Gelsinger also owns roughly 646,000 shares in Intel as of a November regulatory filing. On Monday, Intel announced Gelsinger would resign after his difficult tenure in the company contributed to its stock cratering from missing out on the AI boom that boosted much of its rivals. Once an iconic American tech giant, Gelsinger had to turn around a company that was facing unprecedented competition, production delays and the departure of top talent.

Persons: Pat Gelsinger, He’s, He’ll, that’s, Gelsinger, CNN’s Clare Duffy, David Goldman Organizations: New, New York CNN, Intel, Securities and Exchange Commission, VMWare Locations: New York

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