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☆ South Africa to probe Meta, Google competition with news publishers
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

A 3D printed Facebook's new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsJOHANNESBURG, Oct 17 (Reuters) - South Africa's Competition Commission will investigate whether digital platforms like Meta (META.O) and Google (GOOGL.O) were unfairly competing with news publishers by using their content to generate ad revenue, it said on Tuesday. The Commission will be investigating among other things market features that may distort competition for advertising revenue between news media organisations and digital platforms, and whether these are affected by imbalances in bargaining power. The inquiry will include general search engines such as Alphabet's Google and Bing, social media platforms such as Meta and X, news aggregation platforms, video sharing platforms such as YouTube and TikTok, and ad networks such as Google Ads. It will also examine generative artificial intelligence such as OpenAI's ChatGPT and how it uses original news content in its output, the Commission added.

Persons: Dado Ruvic, Doris Tshepe, James Hodge, Nqobile Dludla, Josie Kao Organizations: REUTERS, Rights, Africa's, Google, YouTube, Thomson Locations: Rights JOHANNESBURG

James Hoye will be the umpire crew chief for the American League Championship Series between Houston and Texas, and Dan Iassogna will head the group working the National League series between Arizona and Philadelphia. Seven-man crews will work each series, with one umpire off each game, Major League Baseball said Friday. Mark Ripperger will call balls and strikes in Game 2, followed by Hoye, Eddings, Hudson, Baker and Bellino. Carlos Torres will call balls and strikes in the second game, followed by Iassogna, Muchlinski, Barksdale, Gibson and Hamari. Political Cartoons View All 1209 ImagesMike Estabrook, Jeremie Rehak and Chris Segal will be the replay umpires at the video center in the commissioner’s office.

Persons: James Hoye, Dan Iassogna, Stu Scheurwater, Hoye, Doug Eddings, Marvin Hudson, Jordan Baker, Dan Bellino, Mark Ripperger, Baker, Bellino, Andy Fletcher, Iassogna, Mike Muchlinski, Lance Barksdale, Tripp Gibson, Adrian Hamari, Carlos Torres, Gibson, Mike Estabrook, Jeremie Rehak, Chris Segal, ___ Organizations: American League, National League, Major League Baseball, AL, Monday’s NL, Barksdale Locations: Houston and Texas, Arizona, Philadelphia, Eddings, Hudson, Monday’s

☆ Nobel Prize in Literature Awarded to Norwegian Author Jon Fosse
▼ + stars: | 2023-10-05 | by ( James Hookway | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, jon, 231ff605

☆ Doosan Robotics IPO: Robotics has a 'multi-year growth opportunity,' Macquarie says
▼ + stars: | 2023-10-05 | 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 EmailDoosan Robotics IPO: Robotics has a 'multi-year growth opportunity,' Macquarie saysJames Hong, head of mobility research at Macquarie, discusses Doosan Robotics' initial public offering, and says many big companies will be going into robotics.

Persons: Macquarie, James Hong Organizations: Doosan Robotics, Robotics, Macquarie

☆ Gray-Z: The 66-Year-Old Retired Teacher Taking Britain’s Battle-Rap Scene by Storm
▼ + stars: | 2023-09-29 | by ( James Hookway | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Donald in Wonderland: lawyers for New York and Trump trade 'looking glass' jabs ahead of business-fraud trial
▼ + stars: | 2023-09-22 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Lawyers for New York's attorney general and Donald Trump sparred in a Manhattan courtroom Friday. AdvertisementAdvertisement"The defendants have clearly stepped through the looking glass," Amer told the judge, New York Supreme Court Justice Arthur Engoron. AdvertisementAdvertisement"We're through the looking glass here, too," Kise, who Trump has paid a $3 million retainer, promised the judge. AdvertisementAdvertisementNew York AG Leticia James' lawsuit against Trump will go to trial in October. AdvertisementAdvertisementShe's also asking the judge to ban Trump and Trump Org for five years from buying real estate in the state.

Persons: Donald Trump sparred, Trump, Donald Trump, Letitia James, Andrew Amer, Amer, Arthur Engoron, James, –, Christopher Kise, Trump's, Kise, general's, I'm, AG Leticia James, YUKI IWAMURA, Mario Tama, He'll, he'll, She's Organizations: New, Service, AG, Trump, Getty, Trump Organization, Trump Org Locations: Manhattan, Wall, Silicon, New York, AFP, Springs, Trump

☆ James Hoge, Who Led 2 Big City Tabloids, Dies at 87
▼ + stars: | 2023-09-19 | by ( Clyde Haberman | ) www.nytimes.com time to read: +1 min

James Hoge, who was a blue-blooded editor and publisher of blue-collar newspapers in Chicago and New York for a quarter-century and then long guided a leading journal on international relations, died on Tuesday in Manhattan. His son James Patrick Hoge confirmed the death, at NewYork-Presbyterian/Weill Cornell Medical Center, but did not specify the cause. Mr. Hoge’s death came four weeks after that of his younger brother, Warren, a former foreign correspondent and top editor at The New York Times. Few editors at major American newspapers have been as young as Mr. Hoge was when he rose to the top at The Chicago Sun-Times, a tabloid aimed at a working-class readership. He became the city editor at age 29, editor in chief at 33 and publisher at 44.

Persons: James Hoge, James Patrick Hoge, Hoge’s, Warren, Hoge, “, ” Organizations: Presbyterian, Weill Cornell Medical Center, The New York Times, The Chicago Sun, Times Locations: Chicago, New York, Manhattan, NewYork

☆ Many Asian global automakers will benefit from the UAW strike, researcher says
▼ + stars: | 2023-09-18 | 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 EmailMany Asian global automakers will benefit from the UAW strike, researcher saysJames Hong, head of mobility research at Macquarie Capital, discusses the impact of the United Auto Workers strike against the Detroit Three automakers on others in the global industry.

Persons: James Hong Organizations: UAW, Macquarie Capital, United Auto Workers, Detroit Three

Unions have nowhere near the pull, or members, that they did decades ago, yet something has changed. Fain became president of United Auto Workers this year, but his time with the union began at that then-Chrysler plant in 1994. He vowed to clean up the union and unite members following a wide-ranging scandal that landed two former presidents in prison. The union under Fain has threatened to hit more plants if there is not enough movement from automakers during negotiations. Corporate greed is the problem.”Sean O'Brien, International Brotherhood of TeamstersMuch of what you need to know about Teamsters president Sean O'Brien is right there in his handle for X/Twitter: @TeamstersSOB.

Persons: Shawn Fain, Fain, Fain “, ” Fain, “ We’re, ” Sean O'Brien, Sean O'Brien, James Hoffa, Jimmy Hoffa, Hoffa, O’Brien, O'Brien, ” O’Brien, Fran Drescher, AFTRA Fran Drescher, ”, She's, they're, Drescher, “, —, Television Producers, Michael Winship, Lisa Takeuchi Cullen, WGAE’s, Takeuchi Cullen, ” Meredith Stiehm, Rich Talarico, Peele Organizations: Unions, Hollywood, UPS, United Auto Workers, Chrysler, UAW, General Motors, Ford, Fiat Chrysler, Detroit, Brotherhood, Teamsters, Amazon, Screen Actors, American Federation of Television, Radio Artists, SAG, Associated Press, Alliance, Television Producers, Writers Guild of America, WGA, Television, Writers Guild of America East, “, CBS, Writers Guild of America West Locations: Missouri , Michigan, Ohio, Kokomo , Indiana, Boston, Hollywood

☆ U.S. Ambassador Sees Detained Wall Street Journal Reporter Evan Gershkovich
▼ + stars: | 2023-09-15 | by ( James Hookway | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, evan Locations: russia

Sept 7 (Reuters) - Insulet Corp's (PODD.O) shares hit an over three-year low on Thursday on concerns that strong demand for a new class of diabetes drugs that also aid in weight loss could hit sales of its insulin pumps. CEO James Hollingshead said at the Wells Fargo Healthcare Conference that GLP-1 drugs, which are used to treat type-2 diabetes and obesity, could delay the onset of insulin dependency in diabetes patients. GLP-1s are highly effective weight-loss drugs that some analysts predict could become a $100 billion market by 2030. Shares of Massachusetts-based Insulet fell about 12% to $170.87 and were on track to wipe off about $1.6 billion from the company's market capitalization if losses hold. Insulet manufactures and sells insulin delivery devices, which eliminate the need for multiple daily injections for people with insulin-dependent diabetes.

Persons: James Hollingshead, Novo, Trang Ly, Bhanvi, Anil D'Silva Organizations: Wells, Healthcare Conference, New England, of Medicine, Massachusetts, Thomson Locations: Bengaluru

☆ England Has a North-South Divide, Too. But Where Exactly Is It?
▼ + stars: | 2023-09-06 | by ( James Hookway | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: england

☆ Stocks making the biggest moves premarket: Box, Insulet, HP and more
▼ + stars: | 2023-08-30 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

HPE posted adjusted earnings of 49 cents per share for its fiscal third quarter, 2 cents higher than a Refinitiv estimate. Insulet — Insulet jumped 4.4% after CEO James Hollingshead disclosed Tuesday buying 5,550 shares of the medical device maker. Box — The stock plunged 10.2% premarket after the California-based cloud storage company posted a mixed second-quarter report postmarket Tuesday. Box issued weak top- and bottom line financial guidance for the current quarter, and for full-year revenue, according to FactSet. HP posted $13.2 billion in revenue, below analysts' $13.37 billion, according to Refinitiv, while earnings per share matched expectations at 86 cents, excluding items.

Persons: HPE, Insulet — Insulet, James Hollingshead, Bernstein, PVH —, Calvin Klein, PVH, Refinitiv, —, Samantha Subin, Yun Li, Sarah Min Organizations: HSBC, Hewlett Packard Enterprise, FactSet . Texas, HP —, HP Locations: Germany, U.S, California, FactSet

☆ The Investing Club's top 10 things to watch in the stock market Wednesday
▼ + stars: | 2023-08-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Citigroup maintains a buy rating on Club name Apple (AAPL) ahead of its Sept. 12 product event, while reiterating a $240-per-share price target on the stock. As ever, Apple is an "own it, don't trade it" stock ahead of the product launch. Morgan Stanley downgrades Centene (CNC) to equal weight, from overweight, while lowering its price target on the stock to $73 a share, down from $94. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, —, Johnson, Morgan Stanley downgrades Centene, Morgan Stanley, Bernstein, James Hollingshead, Wolfe, BUD, Bud Light, KeyBanc, Jim Cramer's, Jim Cramer, Jim Organizations: ADP, Federal Reserve, Labor, Citigroup, Apple, Citi, FedEx, Health, Humana, Bernstein downgrades Texas, Wolfe Research, NFL, Anheuser, Busch InBev, Molson Coors Beverage, Constellation Brands, Google, Club, Nvidia, HP Inc, Jim Cramer's Charitable, CNBC Locations: U.S

☆ Stocks making the biggest moves midday: HP, Box, Brown-Forman, Insulet and more
▼ + stars: | 2023-08-30 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

HP — HP dropped 6.6% in midday trading after reporting a fiscal third-quarter revenue miss. Late Tuesday, the PC maker reported quarterly revenue of $13.20 billion, lower than the $13.37 billion estimated by analysts polled by Refinitiv. Otherwise, its third-quarter adjusted earnings of 86 cents per share came in line with estimates. Box anticipates third-quarter earnings of 37 cents to 38 cents per share, while analysts polled by FactSet called for 39 cents per share. Brown-Forman posted 48 cents in earnings per share on $1.04 billion in revenue.

Persons: Refinitiv, FactSet, Ambarella, Calvin Klein, Brown, Forman —, Jack, Forman, James Hollingshead, Wells, Apple, it's, Wells Fargo, Sunrun, —, Samantha Subin, Hakyung Kim, Sarah Min, Yun Li, Michelle Fox, Jesse Pound Organizations: HP, Revenue, Fluence Energy, Barclays, Spotify, Big Tech, Citi, Rockwell Automation, Netflix, Technology, HSBC Locations: Germany, U.S, Wells Fargo

Circuit Court of Appeals found that the U.S. Nuclear Regulatory Commission lacked the authority under federal law to issue permits for private, temporary nuclear waste storage sites. Circuit Judge James Ho, writing for the court, agreed with Texas that the Atomic Energy Act does not give the agency the broad authority "to license a private, away-from-reactor storage facility for spent nuclear fuel." Abbott opposed the plan, saying he would not let Texas become "America's nuclear waste dumping ground." The plan for a temporary facility was devised in order to address a growing nuclear waste problem in the United States. The Andrews County site was chosen after efforts to build a permanent storage facility in Nevada fell apart amid fierce local opposition.

Persons: James Ho, William F, Buckley, Jr, Michelle McLoughlin, Ho, Donald Trump, Greg Abbott's, Abbott, Clark Mindock, Will Dunham Organizations: Yale University, REUTERS, Republican, Circuit, Appeals, U.S . Nuclear, Commission, Partners, Atomic Energy, Waste, NRC, Thomson Locations: New Haven , Connecticut, U.S, Texas, New Orleans, Andrews County , Texas, United States, Andrews, Nevada, New York

☆ The US is quietly warning its Middle East partners about the cost of stocking up on Chinese-made weapons
▼ + stars: | 2023-08-17 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

Chinese arms sales in the Middle East have increased by 80% over the past decade, a result of Beijing's expanding relationships there and its willingness to deliver arms faster and with fewer stipulations than Washington. FAYEZ NURELDINE/AFP via Getty ImagesMiddle Eastern countries, led by the Arab Gulf states, have for decades been major buyers of US-made weapons. Chinese arms sales to the region are "substantial and expected to continue to increase," said Ahmed Aboudouh, an associate fellow at Chatham House. "But it's just one factor among many, including varying threat perceptions of Iran among the Arab Gulf states as well as varying levels of trust between the Arab Gulf governments themselves." Paul Iddon is a freelance journalist and columnist who writes about Middle East developments, military affairs, politics, and history.

Persons: Michael Kurilla, Kurilla, Loong, KARIM SAHIB, Colin Kahl, Biden, Kahl, We're, FAYEZ NURELDINE, Ahmed Aboudouh, Aboudouh, James Hodgman, Russia's, ANDREW CABALLERO, REYNOLDS, Emily Hawthorne, RANE, that's, Hawthorne, Abu Dhabi, Mohammed bin Zayed, Xi, ANDY WONG, Kahl's, Paul Iddon Organizations: Service, US Central Command, Senate Armed Services Committee, Dubai Airshow, Getty, Chatham House, Pentagon, Getty Images, United Arab Emirates, Patriot, Al Udeid, Base, US Air Force, Tech, Air Defense, Turkey, NATO, East, Khalifa, UAE, US, Abu Dhabi Crown, Gulf Cooperation Council Locations: China, Washington, Wall, Silicon, Beijing, AFP, British, Saudi, Riyadh, Saudi Arabia, Abu Dhabi, East, North Africa, Qatar, Russia, Europe, Gulf, UAE, Yemen, Ankara, Turkey, Prince, Xinhua, Khalifa, Abu, Arab Gulf, Iran

Circuit Court of Appeals stopped short of ruling that the drug must be pulled off the market altogether, as a lower court had done. A spokesperson for the U.S. Department of Justice said that the Biden administration will appeal the ruling to the U.S. Supreme Court. President Joe Biden, a Democrat, supports abortion rights and last year ordered the federal health agency to expand access to mifepristone. [1/2]Used boxes of Mifepristone, the first pill in a medical abortion, line a trash can at Alamo Women's Clinic in Carbondale, Illinois, U.S., April 20, 2023. The U.S. Supreme Court last year overturned its landmark Roe v. Wade ruling that had legalized abortion nationwide.

Persons: Biden, Joe Biden, Matthew Kacsmaryk, Kacsmaryk, Erin Hawley, Susan B, Anthony Pro, Alexis McGill Johnson, Evan Masingill, Evelyn Hockstein, James Ho, mifepristone, telemedicine, Jennifer Walker Elrod, Wade, Brendan Pierson, Patrick Wingrove, Nate Raymond, Sharon Bernstein, Trevor Hunnicutt, Cynthia Osterman Organizations: Circuit, U.S . Department of Justice, U.S, Supreme, Alliance, Hippocratic Medicine, FDA, Alliance Defending, Planned Parenthood Federation of America, U.S . Food, Alamo Women's, REUTERS, Guttmacher Institute, American College of Obstetricians, American Medical Association, Reuters, Thomson Locations: U.S, New Orleans, Amarillo , Texas, Alamo, Carbondale , Illinois, New York, Boston, Sacramento , California, Washington

☆ Appeals court imposes restrictions on abortion pill, but drug will stay on the market for now
▼ + stars: | 2023-08-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

A federal appeals court on Wednesday imposed restrictions on the abortion pill mifepristone, though the ruling will not have an immediate impact. The ruling by the U.S. 5th Circuit Court of Appeals is paused from taking effect until the Supreme Court makes a decision about the case. The appeals court Wednesday ruled that the several decisions the Food and Drug Administration took to make the abortion pill more broadly available to women were illegal. If the Supreme Court upholds Wednesday's ruling, women would no longer be able to obtain the abortion pill by mail. That is basically the narrative you all are putting forth — nobody should ever question the FDA," Ho said during the hearing.

Persons: Biden, Jennifer Walker Elrod, Judge James Ho, mifepristone, Roe, Wade, Elrod, George W, Bush, Ho, Cory Wilson, Donald Trump, Danco Organizations: Alamo Women's, U.S, and Drug Administration, FDA, Food, Circuit, Danco Laboratories, Alliance for Hippocratic Medicine, Republican Locations: Carbondale , Illinois, U.S

☆ We are cautious on Toyota due to valuation, earnings cycle and lagging EV transition: Analyst
▼ + stars: | 2023-08-02 | 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 EmailWe are cautious on Toyota due to valuation, earnings cycle and lagging EV transition: AnalystJames Hong of Macquarie Capital says Toyota still lags behind most of its key competitors in the EV transition due to the company's early focus on hybrid vehicles.

Persons: James Hong Organizations: Toyota, Macquarie Capital

☆ As Heat Waves Spread, So Too Do Unruly Climate Protests
▼ + stars: | 2023-07-22 | by ( James Hookway | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

The court's conservative majority has taken an expansive view of Second Amendment rights in a nation facing persistent gun violence including mass shootings. The court has widened gun rights in three major rulings since 2008. "The stakes are high for those experiencing domestic violence if violent partners can legally possess firearms," Lungwitz said. The National Rifle Association, an influential gun rights group, did not respond to a request for comment. "By removing those kinds of considerations, it makes constitutional law - and Second Amendment law, in particular - even more removed from the way that ordinary citizens think about constitutional protections."

Persons: Joe Biden's, Zackey Rahimi, Rahimi, Janet Carter, Bruen, James Ho, Donald Trump, Elizabeth Prelogar, Lungwitz, Jacob Charles, Charles, John Kruzel, Will Dunham, Scott Malone Organizations: U.S, Supreme, New York, Circuit, Appeals, Republican, University of Texas School, Law's, Violence, Democratic, National Rifle Association, Pepperdine University Caruso School of, Thomson Locations: WASHINGTON, Texas, New York, New Orleans

☆ Hyundai, Kia and BYD are well positioned to capture the growing EV market, says Macquarie Capital
▼ + stars: | 2023-06-30 | 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 EmailHyundai, Kia and BYD are well positioned to capture the growing EV market, says Macquarie CapitalJames Hong of Macquarie Capital said South Korea's Hyundai and Kia, as well as China's BYD, have strong supply chains and the scale to win the competition with late-comers and other incumbents.

Persons: Macquarie Capital James Hong Organizations: Hyundai, Kia, Macquarie Capital, Macquarie Locations: Macquarie Capital

☆ What’s Happening With Wagner in Russia?
▼ + stars: | 2023-06-24 | by ( James Hookway | ) www.wsj.com time to read: 1 min

Russian President Vladimir Putin has ordered his forces to put down what he called an armed rebellion after the founder of the Wagner mercenary group turned on Russia’s military command. Yevgeny Prigozhin , a one-time Putin confidant, took over the military headquarters for southern Russia in the city of Rostov, saying the Russian military had killed “an enormous amount” of his troops in airstrikes at Wagner camps.

Persons: Vladimir Putin, Wagner, Yevgeny Prigozhin, Putin, “ Locations: Russia, Rostov

☆ At Least 78 Die After Migrant Ship Capsizes Off Greece
▼ + stars: | 2023-06-14 | by ( James Hookway | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, 2673c003 Locations: greece

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