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☆ Bernard Arnault, the world's 3rd-richest person, is set to appoint 2 more of his children to the LVMH board
▼ + stars: | 2024-01-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Read previewBernard Arnault, the world's third-richest person, is set to appoint two more of his children to LVMH's board, France's La Lettre first reported. The French billionaire plans to propose his sons Alexandre Arnault, 31, and Frédéric Arnault, 29, as board members, the reports say, quoting unnamed sources. Four of Arnault's five children will sit on the LVMH board if their appointments are confirmed. Arnault cofounded LVMH in the 1980s and is its CEO and chairman. In May 2023, he became the third person to be worth more than $200 billion, according to the Bloomberg Billionaires Index.

Persons: —, Bernard Arnault, France's, Alexandre Arnault, Frédéric Arnault, Delphine, Bernard's, Antoine, It's, Arnault hasn't, LVMH, Alexandre, Vianney Le Caer, Louis Vuitton, Dior, Marc Jacobs, LVMH didn't, Donald Trump, he'd, Frédéric, Delphie, Dior Couture, Jean, Louis Vuitton's, Arnault, Elon Musk, Jeff Bezos Organizations: Service, Bloomberg, The Financial Times, Business, Novo Nordisk, Tiffany, New York Times, Mar, TAG, Christian Dior, Elon Locations: French, Danish, Swiss, LVMH

Political Cartoons View All 253 ImagesZelenskyy is following that up with his first trip to Davos as president after speaking by video in previous years. The corporate chiefs will hear “what kind of immediate assistance is needed” and lay out how private and public sectors can help Ukraine rebuild one day, forum organizers say. The session will draw NATO leader Jens Stoltenberg, German Vice Chancellor Robert Habeck and U.S. envoy for Ukraine's economic recovery, Penny Pritzker, among others. While the geopolitical situation has oozed gloom, businesses appear more hopeful — in part from prospects that artificial intelligence can help boost productivity. Leading Western stock indexes shot up in 2023, and falling inflation raised hopes of a decline in interest rates.

Persons: Volodymyr Zelenskyy, Zelenskyy, Jordan, Premier Li Qiang, Ursula von der Leyen, Jake Sullivan, Donald Trump —, Putin —, White, Viola Amherd, Jens Stoltenberg, Robert Habeck, Penny Pritzker, Gitanas Nauseda, José Manuel Albares Bueno, Satya Nadella — Organizations: European Union, Russia, Hamas, Premier, United States, Ukraine, —, Bruins, Spanish, Microsoft Locations: DAVOS, Switzerland, Swiss, Davos, United States, China, Qatar, Zelenskyy, Russia, Bern, Ukraine, ”, East, Europe

☆ Bradley Cooper’s ‘Maestro' a tale of music, marriage and multitasking
▼ + stars: | 2023-12-01 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

LONDON, Dec 1 (Reuters) - Co-writing, directing, producing and starring in his Leonard Bernstein biopic "Maestro" was a terrifying undertaking for Bradley Cooper that turned into a journey of joy and courage. A passion project years in the making, "Maestro" is the follow up to Cooper's directorial debut, "A Star Is Born". Bernstein, who died in 1990, was a celebrated U.S. conductor and composer, who wrote classical music and iconic hit musicals like "West Side Story". "Maestro" focuses on his relationship with his wife, Felicia Montealegre, played by British actor Carey Mulligan, and on his bisexuality. “Maestro” was made for their family, said Cooper, and everything else, including Oscar talk, is extra.

Persons: Leonard Bernstein, Maestro, Bradley Cooper, Cooper, Bernstein, Felicia Montealegre, Carey Mulligan, Lenny, Felicia, Mulligan, I've, Montealegre, Maestro ”, Oscar, Hanna Rantala, Bill Berkrot Organizations: Reuters, Netflix, Thomson Locations: London, U.S, British

☆ Review: This ‘House of Bernarda Alba’ Is on Fire
▼ + stars: | 2023-11-29 | by ( Matt Wolf | ) www.nytimes.com time to read: +1 min

The ground is breathing fire, we’re told, in “The House of Bernarda Alba,” the Spanish classic by Federico García Lorca that opened Tuesday at the National Theater in London in a ferocious new version by Alice Birch. The show runs through Jan. 6. Directed by Rebecca Frecknall and starring Harriet Walter from “Succession” in the imperious title role, it really is scorching. Lorca’s play about a tough-as-nails matriarch and her five unmarried daughters in 1930s Andalusia is regularly revived in theaters in England, but I’ve never seen an ensemble so fully committed to the play, which races toward its tragic finish with genuinely shocking force. As Frecknall has demonstrated in work including that of Tennessee Williams and the Broadway-bound revival of “Cabaret,” she has a gift for reinvigorating familiar titles as though they were brand new.

Persons: we’re, Bernarda Alba, Federico García Lorca, Alice Birch, Rebecca Frecknall, Harriet Walter, I’ve, Frecknall, Tennessee Williams, ” Organizations: National Theater Locations: The, London, Jan, Andalusia, England

☆ Six planets found in synchronized orbit may help solve cosmic puzzle
▼ + stars: | 2023-11-29 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

This illustration shows the orbital motion of six planets discovered orbiting star HD110067 located around 100 light-years from Earth. The planets all are a type called 'sub-Neptunes,' which have diameters between 2 and 3 times that of Earth. Earth, the largest of our solar system's four rocky planets, has a diameter of about 7,900 miles (12,750 km). The planets orbit the star between 6% and 20% of the distance between Earth and the sun. "None of them are in the nominal habitable zone for terrestrial planets.

Persons: Hugh Osborn, Handout, Osborn, Rafael Luque, Luque, James Webb, Will Dunham, Rosalba O'Brien Organizations: REUTERS Acquire, Rights, University of Bern, University of Chicago, James Webb Space, Thomson Locations: Switzerland, JWST

CAPE CANAVERAL, Fla. (AP) — Astronomers have discovered a rare in-sync solar system with six planets moving like a grand cosmic orchestra, untouched by outside forces since their birth billions of years ago. The find, announced Wednesday, can help explain how solar systems across the Milky Way galaxy came to be. The six found so far are roughly two to three times the size of Earth, but with densities closer to the gas giants in our own solar system. This solar system is unique because all six planets move similar to a perfectly synchronized symphony, scientists said. All solar systems, including our own, are thought to have started out like this one, according to the scientists.

Persons: Tess, —, Adrien Leleu, they're, ”, Enric Palle, Palle, University of Bern’s Hugh Osborn Organizations: —, University of Geneva, of Astrophysics, University of Bern’s, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Canary

☆ With geopolitical tensions mounting, Bernstein expects 3 defense stocks to soar 20%
▼ + stars: | 2023-11-29 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

"The rising geopolitical threats in APAC has been a driver of military spending for the Western nations. In addition, APAC countries have become more important for their own military expenditures, which present some opportunities for Western defense contractors through either exports or partnerships," they added. Quoting research from the Stockholm International Peace Research Institute , Bernstein said that global defense spending reached a record high of $2.2 trillion last year. Why is defense spending on the rise? For instance, South Korea's defense spending is high given its longstanding tensions with neighbor North Korea.

Persons: AllianceBernstein, Bernstein, Northrop Grumman, CNBC's Michael Bloom Organizations: Asia, Stockholm International Peace Research Institute, Boeing Co, Dassault Aviation, U.S Locations: Asia, Pacific, U.S, APAC, Stockholm, China, North Korea, North America, Europe, Russia, Japan, Australia, United Kingdom, India, Pakistan, Soviet, Vietnam, Philippines, Taiwan, Malaysia, Brunei

☆ Six exoplanets spotted in a cosmic waltz around nearby star
▼ + stars: | 2023-11-29 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

And the planets, labeled b through g, revolve around the star in a celestial dance known as orbital resonance. For every six orbits completed by planet b, the closest planet to the star, the outermost planet g completes one. As planet c makes three revolutions around the star, planet d does two, and when planet e completes four orbits, planet f does three. Detecting a mysteryResearchers first took notice of the star system in 2020 when NASA’s Transiting Exoplanet Survey Satellite, or TESS, detected dips in the brightness of HD110067. “It shows us the pristine configuration of a planetary system that has survived untouched.”The discovery is the second time Cheops has helped reveal a planetary system with orbital resonance.

Persons: TESS, Rafael Luque, Cheops, ”, Luque, “ Cheops, ” Luque, Maximilian Günther, they’re, James Webb, Webb, Jo Ann Egger Organizations: CNN —, ESA, University of Chicago’s, “, James Webb Space, Telescope, University of Bern Locations: Switzerland

☆ How Jewish People Built the American Theater
▼ + stars: | 2023-11-29 | by ( Jesse Green | ) www.nytimes.com time to read: +46 min

Let Us Tell You A Story How Jewish people built the American theater as we know it. The theater, which for many Jews was a major way of becoming American in the first place, seems unable to acknowledge that the danger that American Jews face is not just historical, and not just onstage. (Both of Adler’s parents were Yiddish theater stars — her father, Jacob Adler, was a renowned Shylock in 1903.) Embedding their own observation and experience within Stanislavsky’s, along with the best of Yiddish theater and a generous dollop of Freud, they converted the American theater to Judaism. Sara Krulwich/The New York TimesThe Jewish contribution to the creation of the American theater was built on the acknowledgment of a larger humanity alive within each of us, available to some, with natural empathy and rigorous training.

Persons: Glocca, “, Lerner, Loewe, ”, Isidore Hochberg, Burton Lane, né Burton Levy, William Goldman, “ Killybegs, Sammy Davis Jr, Julie Andrews, Connie Francis, Rosemary Clooney, Tommy Dorsey, Davis, —, Arthur Miller’s “, joyously, Jason Schmidt, Christine Jones, Miller, I’ve, Marilyn Monroe, Robert Brustein, Neil Simon’s, ” Cynthia Ozick, Sholom, Philip Roth, Simon, Leonard Bernstein, Matt Nadel, Bradley, Bernstein, “ Maestro, Shylock, William Shakespeare’s “, Venice ”, Shakespeare, Christopher Marlowe’s, Farah Karim, Cooper, Bard ”, “ Merchant, Tom Stoppard’s, Sara Krulwich, Ansky’s, Stella Adler, Bessie Berger, Clifford Odets’s, Arthur Miller, Elia Kazan, Francis Joseph Bruguière, Billy Rose, Eugene Smith, Roth, Arthur Schnitzler, Juliet Stevenson, Ruth Wolff, Lorraine Hansberry’s, Sidney’s, Alex Edelman’s “, Leo Frank, Bernard B, Frank, Mandy Patinkin, James Lapine, Stephen Sondheim’s, George, Martha Swope, outspokenness, creatives, Oscar Isaac, Sidney, “ Sidney Brustein, Isaac, Stevenson, Robert Icke, Roman Catholic Cooper, Rachel Brosnahan, Maisel, Joan Rivers —, Brosnahan, Sidney Brustein’s, Alec Guinness, Fagin, “ Oliver Twist, I’m, Micaela Diamond, Ben Platt, Lucille, Alfred Uhry, Jason Robert Brown’s, Rivers, Wolff, Robert, Republic ”, isn’t, LEE Strasberg, Konstantin Stanislavsky’s, Fyodor Ivanovich, Strasberg, Israel Strassberg, Zalmon, Srulke, Joseph Stein, Sheldon Harnick, Jerry Bock’s “, Bette Midler, Jackie Hoffman, Photofest Stanislavsky, Theater’s, Isaac Butler, Stanislavsky, Harold Clurman, George Bernard Shaw, Henrik Ibsen, Clurman, Adler, Jacob Adler, Freud, Rebecca Naomi Jones, Ruthie Rivkin, Jerome Weidman, Harold Rome’s “, John Weidman, disown Strasberg, Sanford Meisner, Bobby Lewis, né, Marlon Brando, James Dean, Meisner, Robert Duvall, Lewis, Meryl Streep, Clifford Odets, Jacob Garfinkle, Jules Garfield, Odets, Sam Feinschreiber, Garfield, Ralph Berger, wasn’t, John, Tovah Feldshuh, Golda Meir, William Gibson’s, Aaron Epstein, exigencies, Bessie, Feinschreiber —, loveless, William Fox, Louis B, Mayer, Jack Warner, Marjorie Morningstar ”, Morgenstern, Marjorie, Natalie Wood, Anne Frank ”, Millie Perkins, Audrey Hepburn, Susan Strasberg —, Ibsen, Sholom Aleichem, August Wilson, Daveed Diggs, Thomas Jefferson, Lin, Manuel Miranda’s “ Hamilton ”, Adrian Lester, Emanuel Lehman —, Barbra Streisand, Marmelstein, George Silk, Miller’s, Sophie Okonedo, Elizabeth Proctor, Ben Whishaw, John Proctor, Jan Versweyveld, Don’t, — Bernstein, Stoppard, Schnitzler, Jeanine Tesori, Tony Kushner’s “ Caroline, Sharon D Clarke, Adam Makké, Noah Gellman, Leo, Stoppard —, Hermine, ” Leo Frank, there’s, Matthew Broderick, Eugene Jerome, it’s, Edelman’s, Queens bigots, David Yosef Shimon ben Elazar Reuven Alexander Halevi Edelman, Woody Allen, Joshua Harmon’s, — George Gershwin, Jerome Kern, Richard Rodgers, Porgy, Bess ”, Barns, Alex Edelman, Paula Vogel, Harvey Fierstein, Jordan Taylor Fuller, — that’s, Wendell Pierce, Friedman, Jacobs, Hirschfeld, Gershwin, Rodgers, PAULA VOGEL, BRANDON URANOWITZ, DAVID CROMER, MICAELA DIAMOND, TONY KUSHNER, Diamond, Monica Rich Kosann, Marco Bicego, JESSE EISENBERG, MATTHEW BRODERICK, AMY HERZOG, LESLIE RODRIGUEZ KRITZER, JOEL GREY, Herzog, Michael Kors, Kritzer, Marco, HARVEY FIERSTEIN, LIEV SCHREIBER, ETHAN SLATER, IDINA MENZEL, TINA LANDAU Organizations: Broadway, Broadway’s Lyceum, “, of Venice, New York Times, Defamation League, New York Public Library, Performing, Vandamm, Billy, Billy Rose Theatre Division, Performing Arts, New, Jacobs, Empire State, Nazi, Goyim Defense, The New York Public Library, Roman Catholic, New York City, Street, Moscow Art, Group, Hollywood, Disney, Everett, The New York Times, Philadelphia, Brit, Times Locations: Poland, American, kilts, E.Y, Harburg, Kilkerry, Kildare, Philadelphia, New York, Polish, Massachusetts, Vichy, Biloxi, Venice, Malta, of, ”, Germany, playgoers, Sweden, England, United States, Pittsburgh, Nazi, Brustein’s, Greenwich, Georgia, Gutenberg, “, Atlanta, Republic, New, Konstantin Stanislavsky’s Moscow, Russian, America, Moscow, Stanislavsky’s, Clurman, Eastern Europe, Czech, Austrian, Auschwitz, Heini, Southern, Brighton, Rivers, French Republic, “ Brigadoon

☆ Shakeup at LVMH as Antoine Arnault, Bernard Arnault's oldest son, steps down as the CEO of luxury shoe-maker Berluti
▼ + stars: | 2023-11-24 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

The eldest son of LVMH CEO Bernard Arnault will be stepping down as the CEO of Berluti. Bernard Arnault is the world's third-richest man, and all five of his children work for LVMH brands. AdvertisementAntoine Arnault, the eldest son of LVMH CEO Bernard Arnault, will be stepping down as the CEO of Berluti, a luxury shoe brand under the LVMH umbrella. Bernard Arnault's eldest and only daughter, Delphine Arnault, became the CEO and chairperson of Christian Dior in February. In an interview with the New York Times in September, Bernard Arnault expressed his disdain for comparisons drawn between his family and HBO's hit show "Succession."

Persons: Bernard Arnault, Arnault, —, Antoine Arnault, Bernard Arnault's, Delphine Arnault, Christian Dior, HBO's, Arnault —, Elon Musk, Jeff Bezos Organizations: Service, Bloomberg, New York Times, Times, Wall Street Locations: LVMH, Paris

☆ LVMH heir Antoine Arnault in spotlight after management shuffle
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Antoine Arnault, 46, is also in charge of image and environment at LVMH, and credited with negotiating a high-profile deal for the company to sponsor next summer's Paris Olympic Games. He will remain chairman of Berluti, which he has managed since 2012, as well as another LVMH fashion brand Loro Piana. Jean-Marc Mansvelt, CEO of historic jewellery label Chaumet, will become CEO of Berluti, while Charles Leung, CEO of jewellery label Fred, will become CEO of Chaumet. The group will seek a successor for Leung, who recently created buzz by introducing high-end jewellery featuring lab-created diamonds. Reporting by Mimosa Spencer; editing by Jason Neely and Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.

Persons: Antoine Arnault, Du, Bernard Arnault, Berluti, Maison, Toni Belloni, Jean, Marc Mansvelt, Charles Leung, Leung, Bernard Arnault's, Delphine Arnault, Dior, Mimosa Spencer, Jason Neely, Jane Merriman Organizations: LVMH, Olympic, Thomson Locations: Paris, PARIS, LVMH

☆ Bradley Cooper practiced six years to do six minutes of conducting in ‘Maestro’
▼ + stars: | 2023-11-16 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

Cooper broke down a scene in which Bernstein famously conducted the 1976 London Symphony Orchestra in Ely Cathedral. “That was the London Symphony Orchestra. And I spent six years learning how to conduct six minutes and 21 seconds of music.”Whew. Cooper, who also directed the film and co-wrote the script, said he watched raw footage of Bernstein conducting at the event to replicate it as authentically as possible. “Maestro” will have a limited theatrical release on Nov. 22 before it starts streaming on Netflix in December.

Persons: Bradley Cooper, Leonard Bernstein, “ Maestro, ”, IndieWire, “ Hamilton ” Tony, Lin, Manuel Miranda, Cooper, Bernstein, ” Cooper, Maestro ” Organizations: CNN, Symphony Orchestra, London Symphony Orchestra, Netflix Locations: Los Angeles, Ely Cathedral

The bestselling spiritual author and one-time advisor to Oprah Winfrey didn’t make it to the 2020 primaries in a wide-open Democratic field. But Williamson worries that negative perceptions detract from her policy positions, which include financial reparations for Black Americans and creation of a Department of Peace. “The way to sell books is by going on a book tour, not a presidential campaign," she said. Williamson talks at times in religious and spiritual terms to describe America as a nation in need of confession and atonement. "To say, ‘We need a politics of love’ without explaining what that is,” he said.

Persons: Marianne Williamson, Oprah Winfrey, Joe Biden, Williamson, ” Williamson, it’s, ”, Oprah, “, Issac Bailey, “ I’m, Bernie Sanders ’, “ cringeworthy, Donald Trump, Galen Watts, Biden, Jose Serna, Serna, Marianne, Marie Griffith, Louis, ” Griffith, Jay Michaelson, Michaelson Organizations: Democratic, Black, Department of Peace, Davidson College, University of Waterloo, Williamson, Augustana University, Washington University, America, ”, Lilly Endowment Inc, AP Locations: America, New York City, Houston, North Carolina, California, Canada, Sioux Falls , South Dakota, St

☆ Apple issues cautious revenue outlook for the holiday quarter. How to play the stock now
▼ + stars: | 2023-11-03 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple issues cautious revenue outlook for the holiday quarter. How to play the stock nowJim Cramer, Wamsi Mohan of Bank of America Securities, Toni Sacconaghi of Bernstein and Dan Ives of Wedbush Securities discussed Apple after the company reported fiscal fourth-quarter earnings Thursday and its fourth straight quarter of declining sales.

Persons: Jim Cramer, Wamsi Mohan, Toni Sacconaghi, Bernstein, Dan Ives Organizations: Bank of America Securities, Wedbush Securities, Apple

(AP) — Indiana's attorney general violated professional conduct rules in statements he made about a doctor who provided an abortion to a 10-year-old rape victim from Ohio in the weeks after the U.S. Supreme Court overturned Roe v. Wade last summer, according to a court opinion filed Thursday. At the time, Ohio law prohibited abortions after six weeks of pregnancy but the girl could still be provided a legal abortion in Indiana. The opinion specifically faulted Rokita for describing Bernard on the show as an “abortion activist acting as a doctor — with a history of failing to report" instances of abuse. In his statement, Rokita said he signed an affidavit to bring the proceedings to a close and to “save a lot of taxpayer money and distraction." Within weeks of Bernard's July 2022 interview about providing the abortion, Indiana became the first state to approve abortion restrictions after the U.S. Supreme Court ended constitutional protections.

Persons: —, Roe, Wade, Caitlin Bernard, Todd Rokita, Bernard, Rokita, ”, “, Gerson Fuentes Organizations: U.S, Supreme, Indianapolis Star, The Indiana, Republican, Fox News, Rokita, Associated Press, Indiana University Health Locations: INDIANAPOLIS, Ind, Ohio, Indiana, Indianapolis

☆ Authorities investigating online threats of violence against Jewish students at Cornell University, school’s president says
▼ + stars: | 2023-10-29 | by ( Elizabeth Wolfe | Artemis Moshtaghian | ) edition.cnn.com time to read: +7 min

CNN —Cornell University police are investigating a series of antisemitic threats made against the school’s Jewish community in online posts over the weekend, its president announced. “The FBI is aware of the threats made to Cornell University’s Jewish community,” the agency said in a statement. “The virulence and destructiveness of antisemitism is real and deeply impacting our Jewish students, faculty and staff, as well as the entire Cornell community. This cannot be what defines us at Cornell.”Cornell senior Zoe Bernstein, who is Jewish, told CNN she was heartbroken to read the antisemitic posts, which she said have spread fear and distress throughout the campus’ Jewish community. “It’s really, really hard to focus on anything other than all of this,” she said.

Persons: —, Martha E, Pollack, Kathy Hochul, ”, Hochul, David Bauder, ” Hochul, Biden, Cornell, “, Cornell’s Jewish Hillel, Letitia James, ” Pollack, ” Cornell, Zoe Bernstein, … It’s, Bernstein, “ It’s Organizations: CNN — Cornell University, Center for Jewish, Cornell, Cornell Daily Sun, Harvard, University of Pennsylvania, Defamation League, New York State, New York Gov, Cornell’s Center, Jewish, New York State Police Department, Cornell University's Center, FBI, Cornell’s Jewish, ” Cornell University Police Department, New York, CNN Locations: Israel, Ithaca, Cornell, Ithaca , New York, Syracuse

☆ Tesla stock ends the week down 15%, the worst performance of the year
▼ + stars: | 2023-10-20 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

Elon Musk, chief executive officer of SpaceX and Tesla, and owner of X. formerly known as Twitter. Tesla shares dropped more than 15% over the last few days to close the week at $211.99 after CEO Elon Musk waxed pessimistic about macroeconomic issues on a third-quarter earnings call Wednesday. It marks the worst week for Tesla stock of the year, although shares of the electric automaker are still up 96% year-to-date. For the period ending Sept. 30, 2023, Tesla reported $23.35 billion in revenue and $1.85 billion in profits, a decline versus the prior quarter. His forecast still implies more than a 56% upside in a note out after the Q3 Tesla call.

Persons: Elon Musk, Tesla, Musk, Didi, it's, Vaibhav Taneja, We've, Wells, Colin Langan, Morgan Stanley's Adam Jonas, Jonas, Toni Sacconaghi, Bernstein Organizations: SpaceX, Tesla, CNBC Pro Locations: U.S, China

☆ Tesla story 'broken?' Analysts cut their price targets on the electric car maker after disappointing third-quarter earnings
▼ + stars: | 2023-10-19 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

TSLA 1D mountain Tesla shares Many analysts covering Tesla had already forecast margin pressures due to lagging sales and just reiterated their ratings on the company's shares following Wednesday's release. Goldman Sachs reduced its price target to $235 from $265, which implies 3.2% downside. He reiterated his underperform rating and $150 price target on shares, which implies 38% downside from Wednesday's close. The bank reiterated its neutral rating, while bringing down its price target to $255 from $271. Even Morgan Stanley's Adam Jonas trimmed his price target to $380 from $400, though the new forecast still implies more than 56% upside.

Persons: weren't, Elon Musk, Tesla, Goldman Sachs, Mark Delaney, Delaney, Toni Sacconaghi, Bernstein, Wells Fargo, Wells, Colin Langan, Langan, Musk's, Phillippe Houchois, Itay Michaeli, Michaeli, Morgan Stanley's Adam Jonas, Jonas, — CNBC's Michael Bloom Organizations: Jefferies, Citi, U.S, EV, Tesla, Network Services, Mobility, Party, Energy, Insurance Locations: Mexico, Wells, Musk's Cybertruck

The world has changed since Biden visited a familiar place to talk up familiar topics, though. Other domestic matters also are competing for political attention, with the fight over choosing the next Republican House speaker potentially imperiling continued U.S. aid to Ukraine and a United Auto Workers strike entering its fifth week. Biden's reelection campaign has joined the White House in stressing that being president always means juggling multiple pressing concerns. Whatever the message, the president can help himself politically Friday just by staying focused on Pennsylvania, said longtime Democratic strategist Robert Shrum. He returned to Philadelphia in July, visiting a shipyard where he talked up how organized labor would lead a major push toward embracing green energy.

Persons: Joe Biden, he'll, Biden, Hunter, ” Cathal Nolan, Nolan, Donald Trump, Kamala Harris, you’ve, ”, Joel Rubin, Bernie Sanders, Benjamin Netanyahu, “, ” Biden, Rubin, Biden's, Karine Jean, Pierre said, Biden “, Israel ”, Jean, Robert Shrum, ” Shrum, he's, Mustafa Rashed Organizations: WASHINGTON, Biden, Hamas, Republican, United Auto Workers, Institute, Boston University, Obama, State Department, Israeli, Islamic, J, White, Associated Press, NORC, for Public Affairs Research, Democratic, ALF, Labor Locations: Pennsylvania, Philadelphia, Israel, Gaza, Ukraine, America, Colorado, U.S, Washington, Maryland, Georgia, Arizona, Wisconsin, Michigan, Scranton , Pennsylvania

☆ Jean Arnault Has New Goals for Louis Vuitton Watches. Profit Isn’t One of Them.
▼ + stars: | 2023-10-02 | by ( Nick Kostov | Photography Lukas Wassmann For Wsj. Magazine | ) www.wsj.com time to read: 1 min

Jean Arnault Has New Goals for Louis Vuitton Watches. Profit Isn’t One of Them. The youngest son of Bernard Arnault is taking a risk at the LVMH brand: Making a more expensive product—and making it harder to find. “We’re not going to make a ton of money with this. It’s not going to be highly profitable at all, but it’s really about making sure that we switch the message,” says Jean Arnault of the brand’s new strategy.

Persons: Jean Arnault, Louis Vuitton, Bernard Arnault, “ We’re, It’s, ”

CNN —A Mafia boss who spent nearly three decades evading law enforcement before he was arrested in January has died while receiving medical treatment, according to Italian media reports. Crime was a family affair for Messina Denaro, born to a known Mafia boss in Sicily on April 26, 1962. Among those arrested in the 2009-2010 crackdown was his brother, Salvatore Messina Denaro, who refused to testify about his whereabouts. In 2013, his sister, Patrizia Messina Denaro, was sentenced to 14 years in prison, a term she is still serving, for being a member of the Mafia. Felia Allum, professor of comparative organized crime and corruption at the UK’s University of Bath, said in January that Messina Denaro was the last of an old generation of Mafia bosses.

Persons: CNN —, Matteo Messina Denaro, San Salvatore, Rai, Maurizio de Lucia, Messina Denaro, Giovanni Falcone, Paolo Borsellino, Falcone, Borsellino, Giuseppe Di Matteo, Maddalena, Bernardo Provenzano, Salvatore Messina Denaro, Patrizia Messina Denaro, Felia Allum, ” Organizations: CNN, Cosa Nostra, San, Sicilian Mafia, Cosa, Mafia, UK’s University of Bath Locations: L’Aquila, Italy, Palermo, Europe, Milan, Florence, Rome, Messina, €, Corleone, Sicily, Cosa

☆ Ancient humans dug up remains of ancestors to use as tools, study suggests
▼ + stars: | 2023-09-21 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Researchers working at a cave in southern Spain have found evidence that the skeletal remains of ancient humans buried there were dug up, modified and even used as tools by subsequent generations. While these types of remains are known as “skull cups,” that doesn’t necessarily mean they were used as containers, Milella said. “Modification and manipulation of human remains are indeed well known for this time, with examples also from the same region. In that sense, Marmoles Cave is consistent with what we know about the funerary behavior of these cultures,” he said. And it is also possible that those who modified the remains may have known the people that they belonged to when they were alive.

Persons: los, Vera Rodríguez, –, Marco Milella, Milella, “, ” Organizations: CNN, University of Bern, Cueva Locations: Spain, Switzerland, Granada

☆ German carmaker stocks dip amid China-EV probe dispute
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Alternatively, punitive tariffs on imports from China could accelerate Chinese EV makers' plans to build in Europe, analysts said, raising competition for domestic carmakers. "Volkswagen could gain from lower mass-market competition, but is the most exposed ... premium OEMs ...face the risk of retaliation and might see their China-export plans sent awry," he added. By 1210 GMT, the STOXX Europe 600 Auto (.SXAP) index was down 1.46%, while the broader market was steady. BMW, which exports the iX3 from China and plans to export the Mini from 2024, fell 2.08%, with Mercedes-Benz down 1.56% and Volkswagen down 1.83%. Stocks of carmakers Renault and Stellantis, which are less exposed to the Chinese market than their German counterparts, saw smaller dips of 1.33% and 0.81% respectively.

Persons: Annegret, Emmanuel Macron, Daniel Roeska, Bernstein, Danilo Masoni, Victoria Waldersee, Josephine Mason, Thomas Leigh, Michel Rose, Sharon Singleton, David Holmes Organizations: REUTERS, EV, HK, European Commission, Renault, Volkswagen, BMW, Mercedes, Benz, Porsche, carmakers Renault, Thomson Locations: Berlin, Germany, Beijing, China, Europe, France

☆ Apple falls 1% after unveiling new iPhone. Here's what the pros say to do next
▼ + stars: | 2023-09-13 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple falls 1% after unveiling new iPhone. Here's what the pros say to do nextJim Cramer, Toni Sacconaghi of Bernstein, Dan Ives of Wedbush Securities and Karen Firestone of Aureus Asset Management discussed Apple after the company launched new products Tuesday and hiked iPhone prices in China, Japan and India.

Persons: Jim Cramer, Toni Sacconaghi, Bernstein, Dan Ives, Karen Firestone Organizations: Apple, Wedbush Securities, Aureus Asset Management Locations: China, Japan, India

☆ Apple stock falls on China iPhone ban report. What the pros are saying
▼ + stars: | 2023-09-06 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple falls on report of China restricted iPhone usage. Here's what the pros sayJoe Terranova of Virtus Investment Partners, Brian Belski of BMO Capital Markets, Steve Weiss of Short Hills Capital and Toni Sacconaghi of Bernstein discussed Apple after the Wall Street Journal reported that China restricted the use of foreign-branded devices, including iPhones by its government officials.

Persons: Joe Terranova, Brian Belski, Steve Weiss, Toni Sacconaghi, Bernstein Organizations: Virtus Investment Partners, BMO Capital Markets, Short Hills Capital, Apple, Wall Street Journal Locations: China

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