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☆ The eyes have it: The intriguing history of kohl
▼ + stars: | 2024-02-29 | by ( Zahra Hankir | ) edition.cnn.com time to read: +10 min

A Palestinian woman Hadeya Qudaih applying traditional kohl eyeliner to her granddaughter in Khan Younis in the southern Gaza Strip in March 2020. Hadeya Qudaih makes and sells traditional kohl eyeliner for medical and cosmetic purposes (photograph taken in February 2020). A Bedouin man wearing traditional kohl, photographed in the ancient Jordanian city of Petra. Kohl is so commonly worn in the area that girls are sometimes named or nicknamed Kahla by their parents or friends, roughly meaning “the girl who appears to have kohl around her eyes.” Kohl is also a feature of many millennia-old myths, rituals, and legends. “Even if she doesn’t (make kohl) anymore, I will for sure continue to do this myself,” Abu Issa said.

Persons: CNN — Kohl, kohl, Hadeya, kohl eyeliner, Khan Younis, Majdi, Tamam Farhan Abu Issa, Deir al Balah, “, Abu Issa, ”, ” Abu Issa, Issa, Qudaih, Hassan Jedi, Prophet Muhammad —, Alessandro Bigazzi, Jack Sparrow, eyeliner, Kohl, ” Kohl, Zarqa, TikTok, “ Blinkaria Kohl, tightlining, Eyeliner, Fatima Shbair, “ Kohl, I’ve Organizations: CNN, Crusaders, UNESCO, United, kohl, Quds Net News, ZUMA Press, UAE General Authority of Islamic Affairs, Endowments Locations: East, North Africa, Egypt, Europe, Lebanon, Gaza, Gaza’s, Deir, United Nations, Israel, Saudi Arabia, Jordan, Palestinian, Petra, Raed, Kohl, Eastern, “

☆ After U. of Georgia Killing, Lawmakers Seek Tougher Immigration Laws
▼ + stars: | 2024-02-29 | by ( Jacey Fortin | Alessandro Marazzi Sassoon | ) www.nytimes.com time to read: +1 min

Republican lawmakers in Georgia are pushing to toughen state laws that govern detentions of undocumented migrants after a killing at a college campus sent shock waves through the state. Last Thursday, the body of Laken Riley, a 22-year-old woman, was found in a wooded area on the campus of the University of Georgia in Athens. Officials said that Mr. Ibarra and Ms. Riley did not know each other before the encounter that ended in Ms. Riley’s death. As an outpouring of grief ensued in Athens, immigration policies in Georgia have come under renewed scrutiny, with Republican lawmakers looking to exercise more state power over local law enforcement agencies. Mayor Kelly Girtz of Athens-Clarke County has faced criticism from conservatives for his welcoming stance toward migrants, and a bill in the State House that would harden Georgia’s existing laws on immigration has gained new momentum.

Persons: Laken Riley, Jose Antonio Ibarra, Mr, Ibarra, Riley, Mayor Kelly Girtz Organizations: University of Georgia, Republican Locations: Georgia, Athens, Venezuela, Clarke

☆ NYCB shares tumble after regional lender swaps out CEO, says it identified ‘material weakness’ in internal controls
▼ + stars: | 2024-02-29 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —Shares of New York Community Bank (NYCB) fell by as much as 20% in after-hours trading on Thursday after the beleaguered regional lender said in a filing it had identified “material weakness” in the company’s controls. The issues caused a $2.4 billion loss to shareholders last quarter, NYCB said. The bank also announced that Alessandro DiNello, its recently appointed executive chairman, will be the new president and CEO, effective immediately. In the same filing, NYCB disclosed Hanif (Wally) Dahya resigned from serving as director of the board. In his February 25 resignation letter, he said he “did not support the proposed appointment” of DiNello to president and CEO.

Persons: NYCB, Alessandro DiNello, Thomas Cangemi, Hanif, Wally, Dahya, “, DiNello, Marshall Lux, Chase Organizations: New, New York CNN, New York Community Bank, Silicon Valley Bank, Signature Bank, First Republic Bank, Securities and Exchange Commission Locations: New York, Silicon

☆ Shares of NYCB fall 14% after bank discloses 'internal controls' issue, CEO change
▼ + stars: | 2024-02-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The regional bank announced that Alessandro DiNello, its executive chairman, is taking on the roles of president and CEO, effective immediately. Shares of New York Community Bancorp fell 14% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its internal controls. The bank also announced an amendment to its fourth quarter results, adding a disclosure about its internal risk management. The specter of loan losses reignited fears about the state of the commercial real estate market and regional banks more broadly. Several regional banks failed in 2023 after customers and investors became uneasy about the value of the debt on bank balance sheets, including Silicon Valley Bank.

Persons: Alessandro DiNello, NYCB, DiNello, we've, Marshall Lux, Hanif Dahya, Lux, JP Morgan Organizations: York Community Bank, New York Community Bancorp, Flagstar Bank, Moody's Investors Service, Chase Consumer Bank, JP, Silicon Valley Bank Locations: Brooklyn, New York City, Silicon

☆ New F1 Team Names Bring Money, Marketing and Lots of Syllables
▼ + stars: | 2024-02-28 | by ( Ian Parkes | ) www.nytimes.com time to read: +1 min

Formula 1 has two new team names this season, which follow a trend in the sport to focus on marketing: Visa Cash App RB Formula One Team and Stake F1 Team Kick Sauber. Sauber Motorsport has been racing since 1993 under various names, most recently as Alfa Romeo. “Before Audi’s arrival, we felt it was important to present ourselves with this new identity and to have a commercial partnership in place,” said Alessandro Alunni Bravi, the Stake team representative. “The Sauber Group has been in Formula 1 for 32 years, but this doesn’t mean we have forgotten what Sauber is. “The reality is that we said from the outset last year that we would move closer to the Red Bull family.”

Persons: Romeo, ”, Alessandro Alunni Bravi, Toro Rosso, Andrea Fairchild, ” Peter Bayer, Bull Organizations: Sauber, Sauber Motorsport, Audi, Sauber Group, Visa

☆ Arrest of Migrant in Georgia Killing Turns City Into Latest Battleground on Immigration
▼ + stars: | 2024-02-26 | by ( Richard Fausset | Alessandro Marazzi Sassoon | ) www.nytimes.com time to read: +1 min

When a 22-year-old nursing student was found dead on a wooded trail at the University of Georgia in what’s believed to be the first homicide on campus in nearly 30 years, it set off waves of grief and fear that shook the university to its core. But when a 26-year-old migrant from Venezuela was charged on Friday with kidnapping and murdering the student, Laken Riley, it did something else: It transformed Athens and Clarke County, a community of about 130,000 people some 70 miles east of Atlanta, into the latest flashpoint in the political fight over American immigration policy. In a social media post on Monday, former President Donald J. Trump called the suspect, Jose Antonio Ibarra, a “monster,” and blamed President Biden for an “invasion” that is “killing our citizens.” Earlier in the day, at an event at the university, Gov. Brian Kemp of Georgia decried “an unwillingness by this White House to secure the southern border.”A third Republican, Representative Mike Collins, who represents Athens, wrote on social media: “The blood of Laken Riley is on the hands of Joe Biden, Alejandro Mayorkas and the government of Athens-Clarke County,” referring to the unified city-county government.

Persons: what’s, Laken Riley, Donald J, Trump, Jose Antonio Ibarra, Biden, Brian Kemp of Georgia, “, Mike Collins, Joe Biden, Alejandro Mayorkas Organizations: University of Georgia, Gov, Republican Locations: Venezuela, Athens, Clarke County, Atlanta, Clarke

A 26-year-old man charged with kidnapping and murdering a nursing student at the University of Georgia in Athens will remain in jail after he was denied bond at a hearing on Saturday, the authorities said. Ms. Riley, a student at nearby Augusta University and a former student at the University of Georgia, had been reported missing by friends after she did not return from a run. Mr. Ibarra, a resident of Athens who is not a U.S. citizen, migrated to the United States from Venezuela, the authorities said. That release, or parole, was a practice the administration used when officials were overwhelmed with high numbers of crossings. Some six million Venezuelans have fled their troubled country, the largest population displacement in Latin America’s modern history.

Persons: Jose Antonio Ibarra, Laken Riley, Jeffrey Clark, Riley, Ibarra Organizations: University of Georgia, Augusta University, Border Patrol Locations: Athens, U.S, United States, Venezuela

☆ Why Gucci’s New Creative Director Counts Princess Diana Among His Muses
▼ + stars: | 2024-02-18 | by ( Laura May Todd | ) www.nytimes.com time to read: +2 min

Alessandro Michele’s departure as the creative director of Gucci hadn’t yet been announced. By his own account, he struggled to express himself; young, gay and interested in fashion, De Sarno felt out of place. He did stints at Prada and Dolce & Gabbana before, in 2009, making a more permanent home at Valentino in Rome. During his 14-year tenure there, he cycled upward through various departments until he became the label’s fashion director and the right-hand man of its creative director, Pierpaolo Piccioli. Recently, Gucci announced that the company will relocate the design office from Rome to Milan, where De Sarno feels most at home.

Persons: Sabato De Sarno, Alexander McQueen, Balenciaga, Saint Laurent, “, Alessandro Michele’s, Gucci hadn’t, ” De Sarno, Maria, Raffaele, De Sarno, Pierpaolo Piccioli, Gucci, ”, “ It’s, Sabato, “ I’m, ‘, I’ll Organizations: Gucci, Istituto, Prada, Dolce, Gabbana Locations: Kering, Bottega, Cicciano, Italy, Naples, Milan, Valentino, Rome

☆ Putin is tightening his grip over what's left of the Wagner Group
▼ + stars: | 2024-02-17 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

AdvertisementThe military formation has been actively recruiting former Wagner Group mercenaries and soldiers who fought in Ukraine for combat operations in Africa. The Kremlin is likely using the Africa Corps to take over many of the functions of the Wagner Group, Parens added. Last week, in a video obtained by the Kyiv Post, Ukrainian special forces were shown interrogating captured Wagner mercenaries in Sudan. "Ukrainian special services have acquired considerable experience of waging non-linear warfare against the Russian side and especially against the Wagner Group," he said. The fate of the Wagner Group, it seems, still hangs in the balance.

Persons: Vladimir Putin, Yevgeny Prigozhin's, he's, Wagner, Prigozhin, Sergey Sukhankin, Raphael Parens, Parens, Sukhankin, Russia Alessandro Arduino Organizations: Kremlin, Jamestown Foundation, Wagner, Volunteer Corps, Africa Corps, Wagner Group, Fighters, Foreign, Research, Eurasia Program, Military Companies, Africa, Kyiv Post, Russia, Ukraine Locations: Russia, Africa, Ukraine, Western, Ukrainian, Sudan, Russian

DOHA, Qatar (AP) — China's Pan Zhanle backed up his world record in the swimming relays by winning the men's 100-meter freestyle at the World Aquatics Championships on Thursday. The 19-year-old Pan swam the fastest 100 in history with a time of 46.80 seconds in the lead-off leg of China’s gold medal-winning 4x100 relay team. HIGH DIVINGWith a huge final dive, Britain's Aidan Heslop claimed the men's title off the 27-meter tower at Doha Old Port. WATER POLOCroatia advanced to the Saturday championship in men's water polo with a 17-16 semifinal victory over France on penalties. Italy claimed the other spot in the final with an 8-6 victory over Spain.

Persons: Zhanle, Pan, didn't, ” Pan, let's, ”, Caeleb Dressel, Kyle Chalmers, Alessandro Miressi, Hungary's Nandor Nemeth, Britain's Laura Stephens, Helena Rosendahl Bach, Lana Pudar, Rachel Klinker, ” Stephens, “, Sarah Sjöström, Swede, Aidan Heslop, France's Gary Hunt, Catalin, Petru Preda, James Lichtenstein, Heslop, you’ve, ” Heslop, ___ Organizations: Paris, Olympic, Doha, Doha Old Port, Croatia Locations: DOHA, Qatar, Paris, Australia, Italy, Denmark, Bosnia, Herzegovina, Doha, United States, France, Croatia, Spain

☆ We see polarization of debt levels amongst Indonesia's listed companies: Expert
▼ + stars: | 2024-02-13 | 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 see polarization of debt levels amongst Indonesia's listed companies: ExpertAlessandro Gazzini from Alvarez & Marsal says close to 15% of listed companies in Jakarta are actually not in good financial health due to overextended debt load, but the healthy ones are getting even healthier.

Persons: Alessandro Gazzini, Marsal Organizations: Alvarez Locations: Jakarta

☆ An alleged gang rape shocks Italy, and provides fodder for an ascendant far right
▼ + stars: | 2024-02-11 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +6 min

Seven men between the ages of 15 and 18 are currently on trial for the alleged rape of a 19-year-old girl in Palermo in August. Last month’s alleged gang rape in Catania has become not only a symbol of violence against women in the country, but a cause célèbre for Italy’s far-right government. CNN approached the suspect’s lawyers for comment. Meanwhile, during a visit to Catania, Meloni expressed her solidarity with the alleged rape victim and her family. This is not the first case of non-EU minors being welcomed into Italian facilities and then engaging in criminal activities.”

Persons: Rome, Weeks, Last month’s, Giorgia Meloni, Villa Bellini, Orietta Scardino, Matteo Salvini, Meloni, ”, Alessandro Fidone, Giulia Cecchettin, ” Elena Biaggioni, Massimo Di Vita, Carlo Umberto Cannella, ” Cannella, Silvio Berlusconi Organizations: Rome CNN —, Catania, CNN, Catania police, European Data Journalism Locations: Rome CNN — Italy, Sicilian, Catania, Palermo, Naples, Sicily, Italy, Italy’s

☆ How empty office space became the new bogeyman on Wall Street
▼ + stars: | 2024-02-09 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

And yet Wall Street is suddenly freaking out about bad real estate loans and empty office buildings. One regional lender — New York Community Bancorp — has seen its stock price implode and its credit rating slashed to junk in part because of its exposure to bad office loans. Japan’s Aozora Bank startled investors by blaming bad loans linked to US offices for a projected loss. That’s a major problem for an industry like real estate known for piling on debt. Importantly, Zandi said these bank failures will be limited to smaller lenders — the ones sitting on suddenly shaky office loans.

Persons: —, ” they’re, It’s, ”, Ed Mills, Raymond James, gameplan, Paul Volcker, That’s, Spencer Platt, ” Alessandro DiNello, NYCB, Powell, Janet Yellen, Jerome Powell, “, ” Mills, Mark Zandi, ” Zandi, Zandi, ” Banks Organizations: New, New York CNN, —, York Community Bancorp, Japan’s, Bank, Federal Reserve, Fed, Regulators, New York Community Bancorp, York Community Bank, Getty, Moody’s, CNN Locations: New York, sweatpants, Washington, Brooklyn, New York City

Executives at New York Community Bancorp are betting with their own money that they can turn the regional lender's fortunes around. According to securities filings compiled by Verity Data, seven insiders at the troubled bank have bought NYCB shares this week. The biggest buy came from director Peter Schoels, who scooped up 100,000 shares . NYCB 1M mountain Shares of NYCB have been cut in half since late January. Shares of NYCB were up 16% in afternoon trading Friday.

Persons: Verity Data, Verity, Alessandro DiNello, Peter Schoels, Schoels Organizations: New York Community Bancorp, NYCB, Moody's Investors Service, Bank, Wall Street Locations: NYCB

☆ How the mystery of electricity helped 18-year-old Mary Shelley create 'Frankenstein'
▼ + stars: | 2024-02-09 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

In 1818 Mary Shelley published “Frankenstein; or, the Modern Prometheus.”In the novel, Frankenstein brings a creature to life with a "spark of being." Both scientists influenced “Frankenstein.” Shelley incorporated some of Davy’s writings into her novel, and the 1818 and 1831 prefaces both reference Darwin. Mary Wollstonecraft Shelley wrote "Frankenstein" when she was 18 years old. Hulton Archive/Getty ImagesPoet Percy Bysshe Shelley, whom Mary Shelley married the same year she started "Frankenstein," was also fascinated with science. “Could it be electricity?”The electrical experimentsIn her 1831 revised edition of "Frankenstein," Shelley removed the part about lightning and instead referenced galvanism.

Persons: Mary Shelley, “, ”, Frankenstein, Shelley, —, Lisa Frankenstein, Victor Frankenstein, Shelley doesn’t, Mary Shelley’s, William Godwin, Erasmus Darwin, Charles ’, Humphry Davy, “ Frankenstein, ” Shelley, Darwin, Mary Wollstonecraft Shelley, Percy Bysshe Shelley, Lord Byron, Percy Shelley, Erasmus Darwin’s, she’d, Byron, Boris Karloff, reenacted Benjamin Franklin ’, Franklin, Michael Faraday, Georg Ohm, Juliet Burba, he'd, Luigi Galvani, he’d, Alessandro Volta, Dominique Jean Larrey, Galvani’s, Giovanni Aldini, Aldini, Thomas Forster, Shelley’s Organizations: Service, Getty, Universal, Obscura Locations: Hulton, Lake Geneva

☆ Finnair starts weighing flying passengers at the gate
▼ + stars: | 2024-02-08 | by ( Julia Buckley | ) edition.cnn.com time to read: +4 min

CNN —We all know what it’s like to have our baggage weighed at an airport check-in. But now, some brave airline passengers are consenting to being weighed themselves before boarding the plane. In a trial by European carrier Finnair at its Helsinki Airport hub, volunteer passengers are being weighed at the departure gate in order to allow the airline to refine weight estimates for planes before takeoff. Korean Air conducted its own weighing program in 2023, while Air New Zealand also did a weight survey last year. Finnair is collecting data for both winter and summer seasons, since passengers tend to wear heavier clothing and coats during the cold Finnish winters.

Persons: “ crouch, ”, you’ve, who’s, Päivyt, Finnair’s, Tallqvist, Alessandro Rampazzo, Finnair, Munnukka Organizations: CNN, Helsinki Airport, Getty, Civil Aviation Authority, European Aviation Safety Authority, Korean Air, Air New, Finnish Transport and Communications Agency Locations: Helsinki, AFP, Air New Zealand, Finnish, Munnukka

☆ King Charles’ cancer diagnosis: How much should the public be told?
▼ + stars: | 2024-02-07 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +26 min

King Charles and Queen Camilla are seen leaving Clarence House in London on February 6, the day after it was announced King Charles had been diagnosed with cancer. But Queen Elizabeth and King Charles, they do not want to become the story, they still want to serve their public. In the fullness of time, I would like to think King Charles will talk about his treatment.”Britain's King Charles III poses for a portrait in Buckingham Palace's Throne Room after his official coronation in May 2023. From left are Camilla, Duchess of Cornwall; Prince Charles; Queen Elizabeth II; Prince Philip; Prince William; and Catherine, Duchess of Cambridge. From left are Prince Charles; the Queen; Prince Louis; Catherine, the Duchess of Cambridge; and Princess Charlotte.

Persons: London CNN — Britain’s King Charles III, Buckingham, Charles, King Charles, Queen Camilla, Clarence, Toby Melville, King, Rishi Sunak, Sunak, “, Sunak’s, Charles ’, Chris Jackson, ”, Kate Williams, Joe Biden, Matthew Chattle, survivorship, “ Jill, “ You’re, Anil Rustgi, Herbert, ” Rustgi, Sally Bedell Smith, George VI, ” King George VI, Prince Charles, Prince Harry, Emily Nash, It’s, Princes William, Harry, Andrew, Edward, Anne, Beatrice, Nash, Princess, Wales, She’s, hasn’t, Catherine, ” Williams, Kristina Kyriacou, ITV’s, They’ve, Kyriacou, she’d, Queen Elizabeth, ” Britain's King Charles III, Hugo Burnand, Princess Elizabeth, Elizabeth, Prince Philip, Prince Charles and Princess Anne, Eddie Worth, Margaret, Hulton, Sir Gerald Creasy, Paul Popper, Princess Margaret, Queen Elizabeth II, Prince, Popperfoto, Prince Edward, Princess Anne, Richard Nixon, William Lovelace, Serge Lemoine, David McFall, Anwar Hussein, Tim Graham, Camilla Parker Bowles, Lady Diana Spencer, Princess Diana, William, Diana, David Levenson, Johnny Eggitt, Nelson Mandela, David Thomson, Princess Diana's, Jayne Fincher, Thomas Coex, Adrian Dennis, Chris Ison, Prince of, Camilla, Matt Dunham, Prince William, Kate Middleton, James Devaney, FilmMagic, Andrew Milligan, Barack Obama, Chris Radburn, Duchess of Cornwall, Catherine , Duchess of Cambridge, Dominic Lipinski, Alessandro Bianchi, Mohd Rasfana, Andrew Parsons, Prince Charles , Prince Andrew, Duchess Camilla, Meghan Markle, Jonathan Brady, Max Mumby, He's, Prince George, Princess Charlotte, Prince Louis, Meghan, PoolAP Charles, Tim P, Paul Chiasson, Ben Stansall, Duchess, Cambridge, Hannah McKay, Reuters Charles, Liz Truss, Yui Mok, Queen Consort, Victoria Jones, Volodymyr Zelensky, Zelensky, Aaron Chown, Handout, Dan Kitwood, Andrew Matthews, Sarah Tilotta, Toby Hancock, CNN Charles, Giles, Jane Barlow, Emmanuel Macron, Benoit Tessier, Peter Nicholls, Britain's King Charles III, Estelle Paranque Organizations: London CNN, Clarence House, Reuters, CNN, BBC, British, Getty, Royal, Publishing, Macmillan Cancer, Cancer Research, Herbert Irving Comprehensive Cancer, Presbyterian, Columbia University Irving Medical Center, Topical Press Agency, Royals, CNN’s Royal, Buckingham Palace, Central Press, Hulton, Hulton Deutsch, Westminster Abbey, Keystone, Royal Navy, Queen, Trinity College , Cambridge, Bettmann, Hulton Royals, Cheshire Regiment, Spice, Westminster Hall, Royal Horticultural Society's, Chelsea, London Palladium, BBC Scotland's, Office, Zephyr, Army Air Corps, Sandringham, Royal Air Force, Whitby, Imperial State Crown, Royal Military Academy Sandhurst, Cathedral, Scotland, King, London Clinic, Northeastern University London Locations: London, British, Dubai, United Arab Emirates, Buckingham Palace, United Kingdom, NewYork, Queen, Windsor, Wales, Buckingham, Malta, Westminster, France, Washington, Kenya, West Berlin, Canada, Cirencester, England, Canterbury, India, Manchester, Papua New Guinea, Toronto, AFP, Balmoral, Balmoral , Scotland, Paris, Ashbourne, Ranville, Prince of Wales, Amatrice, Borneo, St, John's, Newfoundland, Labrador, Nyamata, Rwanda, St James's, Hamburg, Germany, Edward's, Edinburgh, Scotland, of Versailles, Versailles

☆ Stocks making the biggest moves midday: Roblox, Enphase Energy, Snap, Alibaba and more
▼ + stars: | 2024-02-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Adjusted earnings per share for the fourth quarter came in at 54 cents, slightly below the 55 cents expected from analysts polled by FactSet. Yum Brands — The restaurant stock added 3% despite Yum Brands' adjusted earnings and revenue miss for the fourth quarter. Adjusted earnings per share came in at 77 cents, topping the consensus estimate of 62 cents, according to FactSet. The company added about 300,000 net digital-only subscribers quarter over quarter, but advertising revenues came in below the company's guidance. Chipotle Mexican Grill — Shares added 8% a day after the fast-casual restaurant chain reported stronger-than-expected adjusted earnings and revenue.

Persons: Alessandro DiNello, Badri Kothandaraman, Alibaba, Amgen, Chipotle, Sonos, Walt Disney, Walt Disney's, Discovery, Fox, Alex Harring, Brian Evans, Sarah Min, Hakyung Kim Organizations: LSEG, New York Community Bank, Moody's Investors, New, Community, Enphase Energy, FactSet, Revenue, Yum Brands, KFC, Taco Bell, LSEG . Revenue, Leerink Partners, CVS, New York Times, Warner Bros, Discovery, Fox, Walt Disney's ESPN, Walt Disney, Disney, Cirrus Locations: LSEG ., Israel, Alibaba —, FactSet, FactSet .

☆ New York Community Bank stock drops even after lender says deposits increased
▼ + stars: | 2024-02-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

The bank announced earlier on Wednesday that it had appointed DiNello, formerly the president of Flagstar Bank, to the position effective immediately. The bank holds total deposits of approximately $83 billion, the lender said in a statement Tuesday evening. US banks hold about $2.7 trillion in commercial real estate loans. But while the last crisis was all about interest rate risk, this one revolves around the $20 trillion commercial real estate market. The increase was driven partly by expected losses on commercial real estate loans, it said.

Persons: ” Alessandro DiNello, DiNello, NYCB, ”, weren’t, Fitch, Thomas Cangemi, ” DiNello, Goldman Sachs, Moody’s, Neel Kashkari, ” Kashkari, he’s, Janet Yellen, “, Yellen, “ I’m, ” Yellen Organizations: New, New York CNN —, New York Community Bancorp, Moody’s Investors Service, Flagstar Bank, Bank, Moody’s, JPMorgan, Signature Bank, Silicon Valley, Regulators, Federal, Community Bancorp, CNBC, Financial Locations: New York, Flagstar, New, Minneapolis

☆ NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
▼ + stars: | 2024-02-07 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid to soothe skittish investors. But one of the most crucial resources for any bank appears to be in short supply for NYCB lately: confidence. The moves spurred a 6% jump Wednesday in NYCB shares, a small dent in the stock's more than 50% decline since the bank reported fourth-quarter results last week. The sudden decline in NYCB, previously deemed one of last year's winners after acquiring the assets of Signature Bank, reignited fears over the state of medium-sized American banks.

Persons: Alessandro DiNello, Ben Emons, Moody's, NYCB Organizations: New York Community Bank, New, Community Bank, NewEdge, Signature Bank, Investors, Bank Locations: Hicksville , New York, NYCB, , New York

☆ Mike Maignan: Subjected to racist abuse, AC Milan star now finds himself being kicked around like a political football
▼ + stars: | 2024-02-03 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +9 min

CNN —A leading soccer goalkeeper, who is Black and was subjected to racist abuse during a match in Italy’s top league last month, now finds himself being kicked around like a political football. Maignan received widespread support from the football world and FIFA President Gianni Infantino called for automatic forfeits for teams whose fans have racially abused players. Maignan speaks with referee Fabio Maresca during the match between AC Milan and Udinese. AC Milan players react after Maignan was racially abused by Udinese fans. ‘Simply shameful’The Maignan incident comes 11 years after another AC Milan star – midfielder Kevin-Prince Boateng – made history by walking off the pitch during a friendly match after suffering abuse for 25 minutes.

Persons: Mike Maignan, Stefano Pioli, Maignan, Gianni Infantino, Fabio Maresca, Alessandro Sabattini, Alberto Felice De Toni, “, ” De Toni, ”, De Toni, Pietro Fontanini, Matteo Salvini, Maignan didn’t, ” Fontanini, Jennifer Lorenzini, Fontani, Tobias Jones, Jones, “ They’re, ” Jones, Kevin, Prince Boateng –, Carlo Tavecchio, Valerio Pennicino, Tavecchio, ” Boateng, “ There’s, It’s, it’s, ” Kevin, Prince Boateng, Pro Patria Busto Arsizio, Daniele Mascolo, Anne Frank’s, Samuel Umtiti –, Lameck Banda, Lameck, Manuel Lazzari of, Maurizio Lagana, Infantino, Frenchman Organizations: CNN, AC Milan, French national, Udinese, Frenchman, Serie, Milan’s Serie, Bologna, San, Milan, FIFA, AC Monza, Udinese’s, Lega, Reuters, Football, Black, Lazio, Lega Seria, Serie A, Gazzetta dello, Pro Patria Busto, Shutterstock, AS Roma, French, Ligue, Lille –, Lecce, “ Lazio Locations: Italy’s, Udine, Italy, San Siro, Curva, —, Maignan, England, Russia, Italian, Shutterstock Lazio, Rome, Manuel Lazzari of Lazio, Lazio

☆ Italy's Junior Culture Minister Quits After Stolen Painting Scandal
▼ + stars: | 2024-02-02 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

ROME (Reuters) - Italian junior culture minister and art critic Vittorio Sgarbi, under investigation over possession of a stolen painting, said on Friday he was quitting because Rome's antitrust body was trying to curb his unofficial duties. Sgarbi, 71, is a long-serving parliamentarian and outspoken TV personality who was close to former primer minister Silvio Berlusconi who died last year. Sgarbi said the antitrust authority, which is investigating him over a possible conflict of interest, had informed him he should not attend an art conference. "According to the antitrust notice, I should not talk about art, I should not deal with art. I should be a junior minister dealing with administrative duties, and limited ones," he said.

Persons: Vittorio Sgarbi, Sgarbi, Silvio Berlusconi, Michelangelo, Gennaro Sangiuliano, Alessandro Parodi, Christina Fincher Organizations: Prosecutors Locations: ROME, Milan, Turin

☆ Italy's ITA to Resume Tel Aviv Flights From March
▼ + stars: | 2024-01-30 | by ( Jan. | At A.M. | ) www.usnews.com time to read: 1 min

(Reuters) - Italy's ITA Airways will resume its flights between Tel Aviv and Rome as of March 1, starting with three weekly return trips, the airline said on Tuesday. ITA said in a statement that the number of flights between Rome Fiumicino and Tel Aviv Ben Gurion may increase this summer, "according to the evolution of the geopolitical scenario". "The restart of flights between Tel Aviv and Rome was also possible thanks to cooperation with Italian and Israeli authorities and it is strategically important for ITA Airways," the airline added. (Reporting by Alessandro Parodi; Editing by Keith Weir)

Persons: Tel Aviv Ben, Alessandro Parodi, Keith Weir Organizations: Reuters, Italy's ITA Airways, ITA, ITA Airways Locations: Tel Aviv, Rome

☆ Pope Francis takes on vested interests to speak out on humanitarian crises
▼ + stars: | 2024-01-23 | by ( Analysis Christopher Lamb | ) edition.cnn.com time to read: +18 min

Pope Francis received an emotional welcome on the island during a visit showing solidarity with migrants fleeing war and poverty. ARIS MESSINIS/AFP/Getty Images Pope Francis confesses in St. Peter's Basilica during the Vatican's Penitential Celebration on Friday, March 4, 2016. Alessandro Di Meo/AP Pope Francis arrives for his visit with prisoners in Santa Cruz, Bolivia, on Friday, July 10, 2015. Franco Origlia/Getty Images Pope Francis and Ecumenical Patriarch Bartholomew I address the faithful in Istanbul on Sunday, November 30, 2014. Gokhan Tan/Getty Images Pope Francis speaks during the feast-day Mass while on a one-day trip to Italy's Calabria region in June 2014.

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☆ The 'distressed bucket' of companies in Indonesia is growing, professional services firm says
▼ + stars: | 2024-01-23 | 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 EmailThe 'distressed bucket' of companies in Indonesia is growing, professional services firm saysAlessandro Gazzini, managing director and Indonesia country head at Alvarez & Marsal, says there's a "polarization of performance" among companies, with the healthy ones "getting healthier, while the laggards are really struggling and growing in number."

Persons: Alessandro Gazzini, Marsal Organizations: Alvarez Locations: Indonesia

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