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A Wells Fargo customer was tricked into sending a scammer $68,000 of his own money. A Wells Fargo customer lost nearly $70,000 after being tricked by a scammer into making a wire transfer, a report says. The scammer told Beardsley he only had to transfer $68,000 to make up for any trouble caused, leaving him with $2,000. Their son, Tod Beardsley, told ABC7 he was upset that Wells Fargo hadn't queried the unusually large transfer before processing it. A representative for Wells Fargo told ABC7: "We conducted a comprehensive investigation of this case, and shared the findings with our customer.
The best of Milan Design Week 2023
  + stars: | 2023-04-27 | by ( Marianna Cerini | ) edition.cnn.com   time to read: +8 min
Milan CNN —The design world’s largest annual fair enjoyed a return to full pre-pandemic form with its 2023 showcase, transforming the city of Milan with hundreds of exhibitions, site-specific installations, pop-ups and public projects. Almost everywhere, the focus was on sustainable design, circular economy, material innovation and artistry combining craft with innovation. Some of the most interesting ideas were those that looked at waste – literally – to rethink what design can do when it uses what is already there. Shown in various stages of decomposition, the chair challenged viewers to approach products with the end of their lifecycle in mind. Top image: One of two bags design legend Gaetano Pesce created for Bottega Veneta’s Milan Design Week installation.
CNN —The first photo ever taken of a black hole looks a little sharper now. The central region is darker and larger, surrounded by a bright ring as hot gas falls into the black hole in the new image. The Event Horizon Telescope Collaboration, called EHT, is a global network of telescopes that captured the first photograph of a black hole. Computers using PRIMO analyzed more than 30,000 high-resolution simulated images of black holes to pick out common structural details. But if heated materials in the form of plasma surround the black hole and emit light, the event horizon could be visible.
[1/2] A model presents a creation from the Gucci Fall/Winter 2023/2024 collection during Fashion Week in Milan, Italy, February 24, 2023. One model wore a crumpled shirt tucked into a miniskirt, others were dressed in coats with voluminous shoulders. At Tod's (TOD.MI), creative director Walter Chiapponi offered a sober collection in earthy tones that played with tailoring. Models wore pea coats as well as long oversized coats, and also appeared in parkas and cropped aviator and elongated bomber jackets. Reporting by Marie-Louise Gumuchian in London and Elisa Anzolin in Milan Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Chinese consumers are important for luxury-goods companies such as Hermès, LVMH and Gucci. PARIS—Shares in European luxury retailers rose Tuesday on investor hopes of renewed Chinese tourist spending after Beijing said it planned to ease pandemic-related border restrictions. Luxury goods giant LVMH Moët Hennessy Louis Vuitton SE advanced as much as 2.5% in Paris while Kering SA, owner of the Gucci and Saint Laurent brands, rose as much as 2.2% and Birkin-bag maker Hermès International SCA advanced more than 2%. In Milan, shares in Moncler SpA, Tod’s SpA and Salvatore Ferragamo SpA also rose.
A Florida sheriff stunned many of his constituents this week by appearing to endorse spanking students, his comments coming during a press conference in which county officials announced plans to tighten discipline in Brevard County schools. Sheriff Wayne Ivey spins the "Wheel of Fugitive" board at the Brevard County Sheriffs Office in 2017. And he is a Brevard County political powerbroker who helped get two Republicans, Megan Wright and Gene Trent, elected to the county school board. Shortly after they were sworn in Nov. 22, Wright and Trent teamed up with school board chair Matt Susin to oust longtime superintendent Mark Mullins. There was agreement among the Brevard County school officials interviewed that disruptive students are a problem in the system.
snapshotFEW NEWCOMERSOn the plus side, four companies joined the main Euronext Milan market this year, including truckmaker Iveco (IVG.MI), which was the result of a spin off. The situation is healthier for Euronext Growth Milan itself, a market dedicated to small and medium-sized enterprises with minimum access requirements. Over the past 20 years, the main market has lost 268 listed companies and gained only 185, according to Intermonte research published in March. In contrast, the less regulated SME market has attracted 263 listed companies and seen 68 delistings. CULTURAL ISSUEThe fact that there are relatively few listed companies has its roots in the country's history, said Andrea Beltratti, professor of Political Economy at Milan's Bocconi University.
Many in the art and insurance world, however, say it may be only be a matter of time before art works are vandalised, especially if protests spread beyond climate activism. The art insurance market globally earns around $750 million in premiums. PRESSURE ON PREMIUMSLosses and levels of insurance availability tend to dictate insurance premiums. Commercial museums and galleries, however, buy art insurance, and its use is also more prevalent among larger museums in the United States than in Europe. While five insurers contacted by Reuters said they were not yet factoring climate attacks into premiums, some artists say they already face increased costs.
Gucci designer’s exit boosts Kering’s M&A urgency
  + stars: | 2022-11-24 | by ( Lisa Jucca | ) www.reuters.com   time to read: +3 min
MILAN, Nov 24 (Reuters Breakingviews) - The abrupt departure of star Gucci designer Alessandro Michele on Wednesday is putting French luxury boss François-Henri Pinault on the spot. The Italian brand, Kering’s (PRTP.PA) largest, has been a money-spinner for the 68 billion euro French conglomerate. Gucci revenue nearly trebled to 9.6 billion euros between 2014 and 2019. Reuters GraphicsFollow @LJucca on TwitterCONTEXT NEWSKering’s top brand Gucci said on Nov. 23 Creative Director Alessandro Michele had stepped down. Under Michele’s creative leadership, Gucci sales grew nearly three times from 2014 to 9.6 billion euros in 2019, one of the best performing brands in the luxury world.
Animal bones, ancient Romans' snack food found in Colosseum
  + stars: | 2022-11-24 | by ( ) www.reuters.com   time to read: +1 min
[1/3] View of the Colosseum dungeons which have been restored in a multi-million euro project sponsored by fashion group Tod's in Rome, Italy, June 24 2021. Picture taken June 24 2021. REUTERS/Remo Casilli/File PhotoROME, Nov 24 (Reuters) - A year-long study of the drainage system under the Colosseum has unearthed fragments of the bones of bears and big cats that were probably used to fight or as prey in hunting games in the ancient Roman arena, archaeologists said on Thursday. Alfonsina Russo, Director of the Colosseum Archaeological Park, said the discoveries "deepen our understanding of the experience and habits of those who came to this place during the long days dedicated to the performances". Writing by Keith Weir Editing by Alvise Armellini and Gareth JonesOur Standards: The Thomson Reuters Trust Principles.
[1/4] Gustav Klimt's painting "Tod und Leben" is seen after activists of Last Generation Austria (Letzte Generation Oesterreich) spilled oil on it in Leopold museum in Vienna, Austria, November 15, 2022. Letzte Generation Oesterreich/Handout via REUTERSVIENNA, Nov 15 (Reuters) - Climate-change activists on Tuesday smeared and glued one of their hands to a glass screen protecting a Gustav Klimt painting in a Vienna museum to protest against oil drilling, on a day when entry was free thanks to an oil firm's sponsorship. One of Last Generation Austria's tweets said: "New drilling for oil and gas is a death sentence for humanity." Nonetheless we are shocked that the Leopold Museum was in focus here," the museum's museological director, Hans-Peter Wipplinger, told a news conference. While the museum sympathised with the activists' cause, it disagreed with the means employed, Wipplinger said.
Gustav Klimt's painting "Tod und Leben" is seen after activists of Last Generation Austria (Letzte Generation Oesterreich) spilled oil on it in Leopold museum in Vienna, Austria, November 15, 2022. Climate activists in Austria on Tuesday attacked a famous painting by artist Gustav Klimt with a black, oily liquid and one then glued himself to glass protecting the painting's frame. After the attack, police arrived at the museum and the black liquid was quickly cleaned off the glass protecting the painting, Austria Press Agency reported. It's one of the latest pieces of art to be targeted by climate activists to draw attention to global warming. The British group Just Stop Oil threw tomato soup at Vincent van Gogh's "Sunflowers" in London's National Gallery last month.
The incident could invoke NATO Article 4, which allows any member to call for a consultation when threatened. Several NATO countries previously invoked Article 4 after Russia invaded Ukraine in February. Such defiant language ostensibly appeals to the collective defense principle at the heart of NATO Article 5. As such, NATO and its members have no binding obligation to defend Ukraine against Russia's attacks. Biden has made clear that US troops thus far deployed to Eastern Europe are there to bolster NATO member countries wary of nearby Russian aggression.
Loafer buyout flop may have sting in the tail
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +1 min
MILAN, Oct 26 (Reuters Breakingviews) - Founder Diego Della Valle’s stingy attempt to take luxury shoemaker Tod’s (TOD.MI) private appears to have floundered. Della Valle’s refusal to lift the bid price appears puzzling. Adding perhaps 10% to the offer price would have mollified the naysayers. Investors would be forced to accept illiquid stock or compensation based on Tod’s average price in the six months prior to the offer. Della Valle’s next deal could be even stingier.
MILAN, Oct 25 (Reuters) - The Della Valle family failed to reach the 90% ownership threshold needed to proceed with a proposed delisting of luxury shoemaker Tod's (TOD.MI) under their buyout bid, a Borsa Italiana filing showed on Tuesday. On the last day available for the offer, investors tendered Tod's shares accounting for a total of 4,134,358 shares. According to Reuters calculations, the Della Valles, who own 64.5% of the company, needed to gain the acceptance of 5,144,373 shares to reach the 90% threshold in their effort to take the company private. The Della Valle family has stated it could delist Tod's by merging it into DeVa Finance within six months of the closing of the takeover bid. Tod's shares ended down 2.4% at 39.6 euros, underperforming Milan's all-share index (.FTITLMS) which ended up 1.5%.
Italy’s loafer king can afford to be more generous
  + stars: | 2022-09-29 | by ( ) www.reuters.com   time to read: +2 min
MILAN, Sept 29 (Reuters Breakingviews) - Tod’s (TOD.MI) founder Diego Della Valle is seeking to delist his bling shoemaker on the cheap. The Italian tycoon on Monday launched a takeover bid at 40 euros a share for the company he controls with a 65% stake. Investor Tabor Asset Management believes that, taken separately, the Italian group’s brands warrant an offer of at least 76 euros a share. That would push the price tag to 60 euros a share, 50% above the current offer, Breakingviews calculations show. With so much hidden value to reap, Della Valle can probably afford to be a tad more generous.
It takes about 20 aloe leaves to make just one gallon of aloe vera juice. But some aloe products have been found to contain no aloe at all. Narrator: So how are real aloe vera products made? Narrator: A 2016 Bloomberg investigation found that Walmart, CVS, and Target's aloe products contain no evidence of aloe at all. When they "aloe gel," is it a gel that's made from blending up the whole leaf, or is it truly just pure aloe gel?
Persons: Rudy Colón, Ruben Martinez, Aloe barbadensis Miller, They're, Rudy, Mesa, Leonel, what's, Ruben, Jesus Santiago Jaquez, ConsumerLab.com, they're, there's, There's, It's, Tod, Todd, it's Organizations: Universal, Jason, Bloomberg, Walmart, CVS, FDA Locations: Dominican Republic, Rotterdam, Netherlands
Todd Phillips este în discuţii pentru a regiza şi a doua parte a peliculeiO continuare a filmului „Joker” ar fi în lucru la Warner Bros., Todd Phillips fiind în discuţii pentru a regiza şi a doua parte a peliculei de succes, informează miercuri Business Insider şi EFE, care citează The Hollywood Reporter. Filmul a depăşit weekendul trecut pragul încasărilor de 1 miliard de dolari în box-office-ul mondial, devenind primul lungmetraj de categorie „R” care a reuşit o astfel de performanţă. El ar fi primit drepturile de a realiza „cel puţin încă o altă poveste DC”, a notat The Hollywood Reporter. Pentru că eu cred că acesta este, în definitiv, motivul pentru care filmul a prins, pentru ceea ce se întâmplă în substrat”, a adăugat regizorul. Filmul „Joker” a suscitat, de asemenea, numeroase controverse în rândul publicului din cauza modului în care a ilustrat chestiuni sensibile, precum bolile mintale şi violenţa.
Persons: Todd Phillips, Joaquin Phoenix, Tod Phillips, Toby Emmerich, ., . Phillips, Prinţul, american Martin Scorsese, Martin Scorsese Organizations: Warner Bros, Hollywood, AGERPRES, Warner Bros . Pictures Group, Warner, Los, Los Angeles Times Locations: Statele Unite, Los Angeles, american
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