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☆ ‘The Holdovers’ Review: Three Sad Souls Stranded for Christmas
▼ + stars: | 2023-10-26 | by ( Wesley Morris | More About Wesley Morris | ) www.nytimes.com time to read: +3 min

They set little traps for Hunham’s arrogance and sic their daddies on the administrators, who then bear down on him. It’s a ritzy, laugh-out-loud Christmas miracle that whisks away four of the boys at the end of the first act. But one of them, an almost cool only-child named Angus Tully (Dominic Sessa), can’t go because nobody can reach his parents. He directed this movie — from a script David Hemingson wrote — and moody, quarrelsome people are his specialty. This is his eighth feature-length movie — “Citizen Ruth,” “Election,” “Sideways,” “About Schmidt,” “The Descendants,” “Nebraska” and “Downsizing” precede this one.

Persons: tony, can’t, Paul Hunham, Paul Giamatti, ”, he’s, It’s, Angus Tully, Dominic Sessa, Alexander Payne’s, David Hemingson, Barton, soundboards, Payne, Ruth, Schmidt, Payne’s, it’s, Giamatti, tweedy Organizations: ” “ Nebraska Locations: New England, Barton, St, Kitts, ” “

☆ Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more
▼ + stars: | 2023-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Hasbro earned $1.64 per share excluding items on $1.5 billion in revenue, while analysts polled by LSEG had anticipated $1.70 per share in earnings and revenue at $1.64 billion. Southwest posted $6.53 billion in revenue, while analysts surveyed by LSEG expected $6.57 billion. Bristol-Myers topped earnings expectations and posted revenue that was in line with expectations. ServiceNow — The software stock rose more than 3% after posting stronger-than-expected quarterly results and sharing solid subscription revenue expectations for the current period. UPS – The shipping company saw shares decline 3% premarket following its third quarter earnings report.

Persons: LSEG, Revlimid, Myers, Overstock.com, Hershey, overshadowing, Mattel —, ServiceNow, it's, Silver Lake, —, Sarah Min, Tanaya Macheel, Samantha Subin, Lisa Kailai Han, David Paul Morris Organizations: Hasbro, Southwest —, Southwest, Myers, Bristol, Overstock.com, FactSet, Royal Caribbean, Mattel, Wednesday, UPS, Endeavor Group Holdings, Endeavor, Holdings, WWE, UFC, Barclays —, Bank of America, Barclays, underperform, Hasbro Inc, Target Corp, Bloomberg, Getty Locations: Bristol, Nextracker, FactSet, Thursday's premarket, Emeryville , California, U.S

☆ Alphabet shares plummet after cloud revenue falls short. What the pros say to do next
▼ + stars: | 2023-10-25 | 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 EmailAlphabet shares plummet after cloud revenue falls short. What the pros say to do nextJim Cramer, veteran tech investor Paul Meeks, Michael Morris of Guggenheim Securities, Stephanie Link of Hightower Advisors and Jason Snipe of Odyssey Capital Advisors discussed Alphabet after the company reported third-quarter results that beat on the top and bottom lines but missed on cloud revenue estimates.

Persons: Jim Cramer, Paul Meeks, Michael Morris, Stephanie Link, Jason Snipe Organizations: Guggenheim Securities, Hightower Advisors, Odyssey Capital

☆ AI will be a multi-trillion dollar opportunity for the industry at large, says Guggenheim's Morris
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI will be a multi-trillion dollar opportunity for the industry at large, says Guggenheim's MorrisMichael Morris, Guggenheim Securities entertainment & media analyst, and CNBC's Julia Boorstin\ join 'Squawk on the Street' to discuss Google's earnings miss on its cloud business, whether the stock deserves to be punished how it has.

Persons: Guggenheim's Morris Michael Morris, CNBC's Julia Boorstin \ Organizations: Guggenheim Securities

(CNN) – Fulton County prosecutors have discussed potential plea deals with at least six additional co-defendants charged alongside Donald Trump for attempting to subvert the 2020 presidential election, multiple sources tell CNN. Pro-Trump lawyer Robert Cheeley is among those who have been offered a plea deal in the Georgia case but, according to his lawyer, turned it down. A source with knowledge of the Fulton County DA’s strategy tells CNN that it would be open to discussing plea deals with anyone, but there is little room for compromise when it comes to the charges against Trump. To be clear, there is no indication that prosecutors or Trump’s legal team are interested in discussing a plea deal. John Eastman, who is also considered one of Trump’s most high-profile co-defendants, has not been offered a plea deal either, his lawyer told CNN.

Persons: Donald Trump, District Attorney Fani Willis, Robert Cheeley, ”, Richard Rice, Misty Hampton, Mike Roman, Willis, Trump, Jenna Ellis, Sidney Powell, Rudy Giuliani, Giuliani, Mark Meadows, Meadows, Jack Smith, John Eastman, Eastman, Willis ’, Robert James, ” James, squeal, Polantz, Paula Reid, Evan Perez Organizations: CNN, District Attorney, Trump, Fulton, White House, Georgia, Democratic, Atlanta Public Schools Locations: Fulton, Georgia, Coffee County , Georgia, Fulton County, New York, Georgia’s Dekalb County

☆ Silver Lake working to take entertainment giant Endeavor private
▼ + stars: | 2023-10-25 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +2 min

Trading information and logo for Endeavor Group Holdings, Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermid/File photo Acquire Licensing RightsOct 25 (Reuters) - Private equity firm Silver Lake said on Wednesday it was working on a proposal to take talent and media company Endeavor Group Holdings (EDR.N) private, after Endeavor announced it had begun a review to explore alternatives that better value the company. "Silver Lake is currently working toward making a proposal to take Endeavor private," it said. Endeavor Group, which has diversified holdings in talent-management, live sports and festivals, is valued at around $8.4 billion. The private equity firm acquired a minority stake in the William Morris Endeavor talent agency in 2012, and Silver Lake Co-CEO Egon Durban and managing partner Stephen Evans serve on Endeavor's board of directors.

Persons: Brendan McDermid, Silver Lake, Francois, Henri Pinault, Ari Emanuel, Emanuel, William Morris, Egon Durban, Stephen Evans, Jaspreet Singh, Dawn Chmielewski, Devika Syamnath, Shailesh Kuber, Rod Nickel, Tom Hogue, David Gregorio Our Organizations: Endeavor Group Holdings, Inc, New York Stock Exchange, REUTERS, Silver, Endeavor, Creative Artists Agency, Endeavor Group, Boston Red Sox, Fenway Sports Group, PGA, Reuters, William, William Morris Endeavor, Thomson Locations: New York City, U.S, Bengaluru, Dawn, Los Angeles

☆ Tim Cook Can’t Make iPhones Without This Chinese Company and Its CEO
▼ + stars: | 2023-10-23 | by ( Yang Jie | ) www.wsj.com time to read: +1 min

Apple wants to cut its ties with chip designer Qualcomm but despite years of work and billions of dollars, the company hasn’t been able to build a wireless chip in-house. WSJ reporter Aaron Tilley joins host Zoe Thomas to explain Apple’s spectacular failure in this effort. Many Apple customers may not be familiar with Luxshare Precision or its leader Grace Wang, but they likely own its handiwork. Along with other Apple contractors, Luxshare manufactures AirPods, the Apple Watch and the recently released iPhone 15, including the top-of-the-line iPhone Pro Max. Luxshare is also the assembler of Apple’s first mixed-reality headset, due to reach consumers next year.

Persons: hasn’t, Aaron Tilley, Zoe Thomas, David Paul Morris, Brent Lewin, Grace Wang, Luxshare Organizations: Apple, Qualcomm, Bloomberg, Apple Watch Locations: China

☆ Paramount's Shari Redstone is open for business, but business may not be open for her
▼ + stars: | 2023-10-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +11 min

Paramount Global 's controlling shareholder is open to a merger or selling the company at the right price, according to people familiar with her thinking. Spokespeople for Redstone and Paramount Global declined to comment. Paramount Global's market value was below $8 billion as of Friday. Discovery could merge with Paramount Global, though putting together Warner Bros. and Paramount Pictures may hold up deal approval with U.S. regulators. Paramount Global isn't actively working with an investment bank on a sale, according to people familiar with the matter.

Persons: Shari Redstone, David A, CNBC Shari, Jon Miller, SpongeBob, Guggenheim, Michael Morris, Morris, Warren Buffett, Berkshire Hathaway, Bob Bakish, Bakish, Wells, Steven Cahall, Cahall, CNBC's David Faber, Lina Khan, Laura Martin, haven't, Simon, Simon & Schuster, Sumner Redstone, NAI, Jim Cramer Organizations: National Amusements, Paramount Global, Allen & Company Sun Valley, Grogan, CNBC, Paramount, Redstone, Integrated Media, Advancit, Paramount Pictures, CBS, MTV, Nickelodeon, Comedy Central, BET, Showtime, NFL, Champions League, Viacom, Berkshire, Paramount Global's, Tech, Apple, YouTube, National Football, Federal Trade, Big Tech, Comcast, NBC, Fox, Disney, Needham & Co, Netflix, Bain, Co, Warner Bros, Sky, Scripps, Discovery, Simon &, MSD Partners Locations: Sun Valley , Idaho, Los Angeles , California, U.S

☆ Philip Morris lifts profit forecast on higher pricing, ZYN growth
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 19 (Reuters) - Philip Morris International (PMI) on Thursday raised its annual profit forecast as its third quarter earnings beat expectations thanks to higher cigarette prices, demand for its heated tobacco products, and rapid growth of its oral nicotine product ZYN. PMI's core smoke-free tobacco product, however, is its IQOS heated tobacco device and the tobacco sticks used with it. The company said heated tobacco shipment volumes had increased 18% during the quarter, but its full-year forecast assumed these would be lower than previously expected. It said this was due to a delayed market launch in Taiwan, limited growth in Russia and Ukraine and inventory uncertainty in Europe amid incoming regulations on heated tobacco flavours. PMI also tempered its revenue expectations for the full year.

Persons: Philip Morris, Dado Ruvic, ZYN, Jacek Olczak, IQOS, Juveria Tabassum, Emma Rumney, Chizu Nomiyama, Kirsten Donovan Organizations: Philip Morris International, REUTERS, Swedish, PMI, Thomson Locations: Taiwan, Russia, Ukraine

☆ Credit risks, delinquencies worsening across financial services industry: Fmr. Capital One executive
▼ + stars: | 2023-10-19 | 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 EmailCredit risks, delinquencies worsening across financial services industry: Fmr. Capital One executiveNigel Morris, QED Investors managing partner and Capital One co-founder and fmr. COO, joins 'Fast Money' to talk headwinds facing the financial services sector, the state of consumer spending, the fintech space and more.

Persons: Nigel Morris Organizations: Capital

☆ Watch CNBC's full interview with Capital One Co-Founder Nigel Morris
▼ + stars: | 2023-10-19 | 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 EmailWatch CNBC's full interview with Capital One Co-Founder Nigel MorrisNigel Morris, QED Investors managing partner and Capital One co-founder and fmr. COO, joins 'Fast Money' to talk headwinds facing the financial services sector, the state of consumer spending, the fintech space and more.

Persons: Nigel Morris Nigel Morris Organizations: Capital

☆ Morning Bid: To 5% and beyond, bond yields soar
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +5 min

The company earnings picture, meantime, was mixed to sour over the past 24 hours in both the U.S. and Europe. Despite decent demand at a typically awkward 20-year bond auction on Wednesday, yields continued to spiral higher overnight and ahead of Fed Chair Jerome Powell's key speech later on Thursday. The upshot of all factors has seen Treasury yields climb ever higher through the night - with two-year and 20-year yields , now both above 5.25%, the latter at a record high and the former the highest since 2006. Ten and five-year tenors also saw yields soar to within a hair's breadth of 5% early on Thursday too. The ructions in the bond market and incoming earnings saw Wall St indexes (.SPX), (.NDX) hit their lowest in 10 days on Wednesday and futures were in the red again ahead of the open today.

Persons: Brendan McDermid, Mike Dolan, Jerome Powell's, Republican Jim Jordan, Blackstone, Philip Morris, Jerome Powell, Philip Jefferson, Michael Barr, Lorie Logan, Austan Goolsbee, Raphael Bostic, Patrick Harker, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Federal Reserve, U.S, Netflix, Republican, Bank of Japan, Mortgage Bankers Association, HK, Fifth Third Bancorp, Philip Morris , Union Pacific, CSX, Truist Financial, American Airlines, Alaska Air, Philadelphia Fed, U.S . Federal, Dallas, Chicago Fed, Atlanta Fed, Treasury, Housing, Reuters, Thomson Locations: New York City, U.S, Washington, Venezuela, Europe, Frankfurt, Freeport, McMoRan, China

☆ Marlboro maker Philip Morris reports revenue miss, but strong sales of cigarette alternatives
▼ + stars: | 2023-10-19 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Philip Morris International Inc. Marlboro brand cigarettes are arranged for a photograph in Shelbyville, Kentucky, U.S., on Friday, Oct. 2, 2015. Philip Morris International on Thursday reported quarterly earnings that topped Wall Street's expectations but revenue that missed estimates, as sales for its heated tobacco and oral nicotine products remain strong. For the quarter ended September 30, Philip Morris posted revenue of $9.14 billion, compared to year-ago revenue of $8.03 billion, a 13.8% increase. He cited IQOS, its line of heated tobacco products, and its Zyn oral nicotine pouch as growth drivers. Zyn nicotine pouches are tobacco-free oral products touted by the company as a cleaner, more discreet way to consume nicotine.

Persons: Philip Morris, Jacek Olczak, Olczak, Zyn Organizations: Philip Morris International Inc, Marlboro, Philip Morris International, LSEG, Swedish Locations: Shelbyville , Kentucky, U.S

☆ ‘The Pigeon Tunnel’ Review: Decoding John le Carré
▼ + stars: | 2023-10-18 | by ( John Anderson | ) www.wsj.com time to read: 1 min

David Cornwell, aka writer John le Carré Photo: Apple TV+If someone were going to tell you their life story, the ideal someone would be one of the world’s great storytellers—John le Carré, for instance, the celebrated spy novelist, literary archivist of the Cold War, spinner of tales of diaphanous morality. And what better conduit than Errol Morris , a filmmaker fascinated by people who delude themselves, or defend the indefensible, or become pawns in a system that eventually devours them—just like those in a Le Carré novel?

Persons: David Cornwell, John le Carré, — John le Carré, Errol Morris Organizations: Apple

NEW YORK (AP) — Errol Morris has just sat down with a reporter when his wife calls. The film, which opens Friday in select theaters and on Apple TV+, is based on le Carré's 2016 memoir of the same name. AP: The central, mysterious metaphor of le Carré's, “The Pigeon Tunnel" — a tunnel that funnels pigeons to shotgun-wielding men — looms throughout the film. Morris: I’ve often compared the writing to a Kafka parable, except John le Carré wrote it. I say to (le Carré) at some point: “History is chaos.” And he agrees, “History is chaos.”

Persons: — Errol Morris, “ I’m, ” Morris, ”, Morris, John le Carré, “, “ Tinker, le, David Cornwell, It's, Ed Gein, Robert Bloch’s, Alfred Hitchcock’s, … Morris, It’s, Ed Gein’s, Didn’t Freud, I’ve, Robert McNamara, vindicating, —, Saul Kripke, David, Steve, Bannon Organizations: Apple, Research Locations: British, Waushara County , Wisconsin, Morris

☆ We continue to be bullish on the long-term prospects for Netflix, says Guggenheim's Michael Morris
▼ + stars: | 2023-10-18 | 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 EmailWe continue to be bullish on the long-term prospects for Netflix, says Guggenheim's Michael MorrisSean McNulty, contributor at The Ankler, and Michael Morris, Guggenheim Securities entertainment and media analyst, join 'Power Lunch' to discuss Netflix as the streaming giant reports its earnings after the bell, whether investors favor the company, and more.

Persons: Guggenheim's Michael Morris Sean McNulty, Michael Morris Organizations: Netflix, Guggenheim Securities

☆ 28 Best Gifts for Dog Lovers
▼ + stars: | 2023-10-17 | by ( Jennifer Tzeses | ) www.wsj.com time to read: +15 min

Browse the ideas below, and take a look at our roundups of expert-approved products to keep your pet calm and the best gifts for cat lovers too. For the bakerThe Dash Dog Treat Maker—a small waffle iron with bone-shaped plates—lets your pal whip up homemade dog treats. Many similar custom pet portraits are available on Etsy, including a Mini Custom Watercolor Pet Portrait from Riverry Studio and a Custom Watercolor Pet Portrait from Pet Portrait Galaxy. “I will treasure them forever.” Haussmann also loves custom pet portraits and gifted one to his brother-in-law. For any dog ownerBaapet Dog Leash with Padded Handle $9+ at AmazonWe included the Baapet Dog Leash with Padded Handle as the best for everyday use in our list of the best leashes for every type of dog.

Persons: Jennifer Tzeses, —, Juliana DeWillems, ” DeWillems, Fido, DeWillems, ”, Robert Haussmann, he’s, Hernandez, AJ Hernandez, ’, Roxy, Maggie Marton, she’s, Marton, “, ” Haussmann, they’re, Cynthia Dockx, Haussmann, “ It’s, can’t, it’s, Buddy, Licking, Sophie Gamand, Hunter Finn, Dr, Finn, Mikkel Becker, Julie Burgess, Lucy, Pilar Scratch, Shih Tzu, Oddie, Ingrid Johnson, Johnson, Bob, It’s, Bellamy Richardson Organizations: Behavior Consulting, Washington , D.C, Dogboy, Riverry, BPA, Rover, Homes, Colo, Etsy, Apple Locations: Washington ,, Boston, Indiana, Morris Plains, N.J, Haussmann, McKinney , Texas, Seattle, Chihuahua, It’s, . New York, Petsafe

☆ Starboard Value's Jeff Smith unveils his newest ideas, including a push for News Corp spinoff
▼ + stars: | 2023-10-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Starboard Value's Jeff Smith on Tuesday presented his newest investment ideas across different industries. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market.

Persons: Jeff Smith, Smith, Dow Jones, Fortrea, Jeffrey Smith, David Paul Morris Organizations: 13D, News Corp, Dow, Group, Bloomberg, Getty Locations: New York City, Australia

NASHVILLE, Tenn. (AP) — Maren Morris has filed for divorce from her husband Ryan Hurd, citing the prominent country music couple's “irreconcilable differences” after five years of marriage. Morris filed the divorce complaint in Nashville circuit court on Oct. 2, writing that the couple have been separated since that date. She joined the country music supergroup The Highwomen in 2019. Recently, she made the decision to step away from country music. His debut solo album, “Pelago,” was released on Sony Music Nashville in 2021.

Persons: — Maren Morris, Ryan Hurd, Morris, Hurd, Hayes, Hurd “, ” Morris, ”, Zedd, “, Tim McGraw, Dierks Bentley, Blake Shelton –, Shelton, Ashley Monroe, ” ___ Sherman Organizations: New York Times, Sony Music Nashville Locations: Tenn, Nashville, Texas, Chicago, Los Angeles

☆ Analysts are getting bullish on these corporate earnings slated for release this week
▼ + stars: | 2023-10-16 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Another 10% of S & P 500 companies is due to report earnings this week, with Netflix and Tesla as major headliners. Against this backdrop, CNBC Pro screened for the S & P 500 companies reporting this week that have analysts the most excited, therefore raising their earnings estimates. Here's the criteria followed for the search: Slated to report earnings this week. The company is slated to report earnings Friday. Also making the cut was Philip Morris , which is scheduled to report earnings Thursday.

Persons: Nancy Tengler, Schlumberger, Morgan Stanley, Daniel Kutz, Philip Morris, Gaurav Jain, Goldman Sachs, Bonnie Herzog, Herzog, — CNBC's Michael Bloom Organizations: Netflix, Tesla, Investments, CNBC, CNBC Pro, Schlumberger, Barclays, American Express Locations: East, North Africa, U.S, Vegas Sands, Blackstone

☆ Week 6 2023 NFL Sunday: No undefeated teams left in NFL and Bills survive scare
▼ + stars: | 2023-10-16 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

Since the 1970 NFL-AFL merger, those two teams were the only ones ever to go undefeated during the regular season. Jets stun Eagles for Philly’s first defeatThe New York Jets had been down on their luck and the Philadelphia Eagles were undefeated and slowly improving after a slow start. Jets head coach Robert Saleh was blunt in his assessment after the game about the impact his defense was having on opposition teams. Frank Jansky/Icon Sportswire/Getty ImagesBills survive scareIt wasn’t convincing, but the Buffalo Bills maintained their strong start to the season with a narrow 14-9 victory over the New York Giants on Sunday night. “It’s an ugly win, but it counts the same as a pretty win,” Bills star Allen told NBC’s Melissa Stark after the game.

Persons: Tom Brady, Tony Adams, Jalen, Sauce Gardner, DJ Reed –, Robert Saleh, we’ve, ” Saleh, Randall Cobb, Sarah Stier, Zach Wilson, Aaron Rodgers, Wilson, Rodgers, Philly, Vince Lombardi, Craig James, Olamide Zaccheaus, Adam Hunger, Jake Moody, San Francisco, Brock Purdy, Kyle Shanahan, Moody, Ken Blaze, Reuters Myles Garrett, Jeremiah Owusu, Koramoah, Deshaun Watson, Nick Chubb, PJ Walker, –, Kareem Hunt, – Deebo Samuel, Christian McCaffrey, Trent Williams –, Shanahan, ” Shanahan, “, Kyle Juszczyk, ” Juszczyk, ” Moody, Frank Jansky, Darren Waller, Taron Johnson, Josh Allen, Quintin Morris, Deonte Hardy, Tyrod Taylor, Daniel Jones, Timothy T Ludwig, Jones, ”, Allen, NBC’s Melissa Stark Organizations: CNN, Miami Dolphins, New England Patriots, AFL, Dolphins, VII, Patriots, Jets, Eagles, Philly’s, New York Jets, Philadelphia Eagles, Green, Philadelphia, MetLife, “, AP, Browns, 49ers, San Francisco 49ers, Cleveland Browns, Reuters, Cleveland, Getty, Bills, Buffalo Bills, New York Giants, Giants, Buffalo, ” Bills, Baltimore Ravens, Tennessee Titans Washington, Atlanta Falcons Minnesota Vikings, Chicago Bears Seattle Seahawks, Cincinnati Bengals San Francisco 49ers, Cleveland Browns New Orleans Saints, Houston Texans Indianapolis Colts, Jacksonville Jaguars Carolina Panthers, Miami Dolphins New England Patriots, Las Vegas Raiders Detroit Lions, Tampa Bay Buccaneers Arizona Cardinals, Los Angeles Rams Philadelphia Eagles, New York Jets New York Giants Locations: New York, San, Francisco

☆ Big Tobacco turns to rooibos tea to counter upcoming ban
▼ + stars: | 2023-10-16 | by ( Emma Rumney | ) www.reuters.com time to read: +5 min

Tobacco companies have yet to publish any research showing the health implications of rooibos or other zero-tobacco sticks, Simonavicius added. PMI (PM.N) CEO Jacek Olczak told shareholders that its zero-tobacco sticks could avoid the regulatory scrutiny that tobacco products face. BAT's zero-tobacco sticks are not subject to current EU tobacco rules, the company told Reuters. That means it can sell rooibos sticks in flavours like peppermint and tropical fruit even after a ban on flavoured heated tobacco products is implemented across the bloc later this month. Across the European Union, heated tobacco products must be taxed at a minimum of 20% of the retail price, though national governments can go higher.

Persons: Erikas Simonavicius, Simonavicius, Philip Morris, Jacek Olczak, Jefferies, Owen Bennett, Bennett, Phil Gorham, Gorham, Fabienne, Morningstar's Gorham, Shabab, Emma Rumney, Matt Scuffham, Kirsten Donovan Organizations: Big Tobacco, British American Tobacco, Union, Tobacco, BAT, Reuters, King's College, King's College London . Tobacco, Philip Morris International, PMI, Rivals Imperial Brands, Japan Tobacco International, Morningstar, EU, Dunhill, Lucky, European Union, University College London . Tobacco, Thomson Locations: Cape, Germany, Greece, King's College London

☆ In the Market: Inside a startup’s struggle in a higher-for-longer world
▼ + stars: | 2023-10-16 | by ( Paritosh Bansal | Thomson Reuters | Paritosh Oversees The Work Of More Than Journalists Across The Globe Who Write About Finance | ) www.reuters.com time to read: +6 min

Marvel, a unit of Walt Disney (DIS.N), initially planned to use Tractiv's software in a post-production process, documents show. They provide rare, sometimes blow-by-blow insight into the hardship facing startups, key drivers of American innovation. In February 2021, Tractiv got a major break when it gave a demonstration of the software to venture capital firms. The next few months Tractiv had a series of conversations with major financial services companies, including banks such as JPMorgan Chase (JPM.N). Several showed interest in Tractiv's software but did not buy it.

Persons: Beresford Hodge, Walt Disney, Drew Orsinger, Tractiv's, they're, Mark Almeida, Tractiv, Orsinger, Hans Morris, Morris, JPMorgan Chase, Jan, Nyca, Nyca's Morris, Paritosh Bansal, Anna Driver Organizations: Walt Disney Studios, REUTERS, Tractiv, Marvel Studios, Marvel, Walt, Disney, Hollywood, Venture, Reuters, SpaceX, CME Group, Honeywell, Nyca Partners, JPMorgan, Thomson Locations: London, Britain, Tractiv, headwinds

☆ In the Market-Inside a startup’s struggle in a higher-for-longer world
▼ + stars: | 2023-10-16 | by ( Paritosh Bansal | Thomson Reuters | Paritosh Oversees The Work Of More Than Journalists Across The Globe Who Write About Finance | ) www.reuters.com time to read: +6 min

☆ Bills overcome slow start, hang on to defeat Giants
▼ + stars: | 2023-10-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

The Giants marched 79 yards in nine plays but settled for Graham Gano's 29-yard field goal with 10:35 left. After the first fizzled out, the Bills' Tyler Bass missed a long field goal. Taylor, starting in place of injured Giants quarterback Daniel Jones, completed 24 of 36 passes for 200 yards. Bills running back Damien Harris injured his neck on a 1-yard run late in the first half. The Bills had six scoreless drives in the half, including Bass' miss from 52 yards.

Persons: Josh Allen, Allen, Stefon Diggs, Deonte Harty, Graham Gano's, Quintin Morris, Tyler Bass, Tyrod Taylor's, Darren Waller, Taylor, Daniel Jones, Saquon Barkley, Damien Harris, Gano, Bass, Bobby Okereke, Micah McFadden, Harris, Okereke, McFadden, Barkley Organizations: Buffalo Bills, New York Giants, Bills, Giants, The Giants, Thomson Locations: Orchard Park, N.Y, New York, Buffalo

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