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☆ The world's busiest airport just got new private luxury terminal for commercial flights with its own TSA screening — just be prepared to pay over $1,000 to use it
▼ + stars: | 2023-09-13 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

PS has opened its second location at the world's busiest airport, Hartsfield-Jackson Atlanta International Airport. The company offers private terminals with lounges and suites for wealthy travelers flying commercial. PS gives travelers flying commercial a taste of private jet-setting: an exclusive terminal. From 2017 until now, PS was only available at Los Angeles International Airport. But in September, the company launched its second location at the world's busiest airport, Hartsfield-Jackson Atlanta International Airport.

Organizations: Jackson Atlanta International Airport, Service, TSA, Los Angeles International Locations: Hartsfield, DFW, Wall, Silicon, Los Angeles

☆ Vietnamese internet startup VNG files for IPO in the US
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

SINGAPORE, Aug 24 (Reuters) - Vietnamese internet company VNG Corp has filed for an initial public offering (IPO) in the United States via VNG Ltd, a U.S. Securities and Exchange Commission filing showed. IPO proceeds will be used to pay original foreign investors who were direct shareholders of the company and repay outstanding loans, among others, the filing showed. Founded in 2004, VNG was Vietnam's first unicorn, or startup valued at $1 billion or more, and it inked a preliminary agreement in 2017 with U.S. bourse operator Nasdaq Inc to explore an IPO. The Ho Chi Minh City-headquartered company's businesses include online games, payments, cloud services and Vietnam's most popular messaging app, Zalo. Citigroup, Morgan Stanley, UBS, and Bank of America are underwriters of the IPO, according to the filing.

Persons: VNG, Morgan Stanley, VinFast, Seth Farbman, Yantoultra Ngui, Jacqueline Wong, Sonali Paul Organizations: VNG Corp, VNG Ltd, U.S . Securities, Exchange Commission, HK, Temasek, U.S . bourse, Nasdaq Inc, Citigroup, UBS, Bank of America, underwriters, U.S ., DoubleDragon Corp, Nasdaq, Carsome, New, VStock, Thomson Locations: SINGAPORE, United States, Vietnam, U.S, Singapore, Chi Minh City, U.S . Philippine, New York

☆ Portugal's new housing law threatens its tourism industry, say hostel owners
▼ + stars: | 2023-08-14 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

The law – proposed and approved by Portugal’s ruling PS party – seeks to address the housing crisis in Portugal. The new law’s resolutions could potentially have far-reaching effects on those running alojamento local (AL) properties – including Portugal’s world-renowned hostels. AL properties outside of low-density areas will also see their current property taxes increase, and be subject to a new tax starting at 15%, known as CEAL. The new legislation threatens the future of all hostels in Portugal, says Miguel Santos, board member at the Associação Hostels de Portugal (AHdP) and owner of a Lisbon hostel. Pedro Nunes/ReutersOne hostel owner fearing for the future is Benedita Vasconcellos, who owns Lisbon’s Goodmorning Solo Traveller Hostel, voted Portugal’s best hostel in 2020.

Persons: Mais Habitação, –, “, hospedagem, ”, Eduardo Miranda, Valerio Berdini, Miguel Santos, ” Santos, AHdP, Richard Cummins, Kash Bhattacharya, ” Bhattacharya, Pedro Nunes, Vasconcellos, I’m, ” Vasconcellos, won’t, Filipa Aguiar, we’ll, Marco Bottigelli, Airbnb, ALEP’s Eduardo Miranda, Miranda, ” “ We’re, ALEP, Miguel Torres Marques, Marina Gonçalves Organizations: CNN, de, Alamy, Portugal, Artists, Reuters, Getty Locations: Portugal, Lisbon, Western Europe, Porto, Spain, Ericeira, ” Lisbon

☆ Travel news: Italy’s famous ‘Path of Love’ reopens after more than 10 years
▼ + stars: | 2023-08-12 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. Famous hiking route set for full comeback in 2024Love is in the air - or at least, it’s really high up a cliff. Riding an iconic 1940s trainVideo Ad Feedback This 1940s train was the most famous in the world. These 10 concepts could change the way we experience the world.

Persons: you’re, ”, Gwyneth, King Charles, Charles Organizations: CNN, Cinque Terre UNESCO, Heritage, British Airways, Kentucky Fried, LAX, Ferrari, Century Limited Locations: Maui, Lahaina, Hawaii, Dubai, Kentucky, United States, Denver, Chicago, Los Angeles, Maldives, Delhi, California, Llwynywermod, Brecon, Wales, Bolivia, Paris

☆ PS opening private, luxury terminal at ATL airport in September
▼ + stars: | 2023-08-06 | by ( Forrest Brown | ) edition.cnn.com time to read: +5 min

A new private, luxury terminal for people taking commercial flights is scheduled to open on September 6 at Hartsfield-Jackson Atlanta International Airport, according to operator PS in a news release. It’s the second one under the PS umbrella, with a similar private terminal having been open at LAX in Los Angeles since 2017. What a PS terminal offersThe Salon allows customers at LAX to wait for their commercial flights in high style. Like the LAX terminal, the ATL terminal will have its own private access road and parking. PS LAXReservations are already being accepted for PS Atlanta.

Persons: You’ll, ”, Amina Porter, you’re, Guy, Royal Champagne Organizations: Atlanta CNN, Hartsfield, Jackson Atlanta International Airport, LAX, Atlanta Department of Aviation, Fort, Miami International Airport, ATL, TSA, BMW, Flyers, PS Atlanta, Delta Air Lines Sky Club Locations: Los Angeles, Atlanta, Dubai, Frankfurt, London’s Heathrow, United States, Dallas, Fort Worth, DFW, Royal

☆ Coca-Cola bottler bulks up challenged empire
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +2 min

MILAN, Aug 2 (Reuters Breakingviews) - The world’s largest maker of Coca-Cola bottles is growing bigger. Pouncing on Coca-Cola Beverages Philippines, which Coca-Cola (KO.N) itself is selling, is a no-brainer. The $267 billion U.S. drink maker run by James Quincey is offloading its bottling manufacturing around the world to concentrate on its ubiquitous products. At just over 1 times 2022 sales, the price tag looks cheap compared to CCEP’s own nearly 2 times multiple. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: James Quincey, CCEP, Damian Gammell, Lisa Jucca, Aston Martin, Neil Unmack, Oliver Taslic Organizations: MILAN, Reuters, Cola Europacific Partners, Aboitiz Equity Ventures, Cola Beverages Philippines, Twitter, Thomson Locations: Philippines, Japan, India

☆ How to Talk About Wordle
▼ + stars: | 2023-08-01 | by ( New York Times Games | ) www.nytimes.com time to read: +1 min

If the tile turns green, the letter is in the word, and it is in the correct spot. If the tile turns yellow, the letter is in the word, but it is not in the correct spot. If the tile turns gray, the letter is not in the word. GlossaryThanks to reader Outside Observer for compiling this glossary of common terms people use when talking about Wordle. Golf terms — Not to be confused with Wordle Golf, many solvers use golf terms in reference to their scores, sometimes with an emoji.

Persons: —, Deuce — Organizations: Usu Locations: Par

☆ US oil M&A jumps as private equity unloads shale assets
▼ + stars: | 2023-07-25 | by ( Gary Mcwilliams | ) www.reuters.com time to read: +2 min

HOUSTON, July 25 (Reuters) - U.S. oil and gas deals rebounded in the second quarter as private equity firms shed shale portfolio investments and publicly traded oil firms grabbed smaller rivals. The surge was due in part to energy focused private equity firms EnCap Investments and NGP Energy Capital selling off a combined six portfolio companies. In total, $14 billion in private equity-owned assets have changed hands this year, Enverus said. Private equity firms have moved away from oil deals, with only 10 new exploration and production firm investments this year compared to 100 per year last decade, Enverus said. Most M&A was in the top U.S. shale field as companies looked to add oil acreage, Enverus' Dittmar said.

Persons: Enverus, Andrew Dittmar, Jon Platt, Baker Botts, Dittmar, Gary McWilliams, Nick Zieminski Organizations: EnCap Investments, NGP Energy Capital, Civitas Resources, PDC Energy, Thomson Locations: U.S, Dittmar . U.S

☆ More tech workers in India are moonlighting — despite their bosses’ disapproval
▼ + stars: | 2023-07-12 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

There are a range of reasons that are driving IT professionals to engage in moonlighting, according to Indeed India. Abhishek Software engineerBut his bosses are not aware of his plans, nor has he told them he is moonlighting. 'The root cause is the money'There are a number of reasons driving IT professionals to engage in moonlighting, according to Indeed India. Where employers disagreeHere's where employers disagree: moonlighting goes against the sense of loyalty a company wishes to instill into employees. IT services giant Wipro for example, fired 300 employees last year for allegedly "working for rival companies," according to local reports.

Persons: Sashi Kumar, Abhishek, he's, HackerRank, —, Moonlighting, Kumar, moonlighting, Indeed's Kumar, Viswanath Organizations: CNBC, India, Wipro, Infosys — Locations: India, Bangalore, U.S

[1/2] Belgian Foreign Minister Hadja Lahbib appears before the External Relations committee at the Belgian Parliament to be questioned by lawmakers after delegations from Iranian and Russian cities were granted visas to attend a mayors' convention, in Brussels, Belgium June 26, 2023. REUTERS/Yves... Read moreBRUSSELS, June 29 (Reuters) - Belgian foreign affairs minister Hadja Lahbib on Thursday survived a vote of no-confidence in Parliament after granting visas to delegations from Iranian and Russian cities to attend a mayors' convention in Brussels earlier this month. When in Brussels, the Iranian delegation filmed Belgian-Iranian lawmaker Darya Safai and Iranian opposition members. The opposition had called for Lahbib's resignation over the scandal, but 79 MPs voted in support of the minister while 50 voted against and four abstained. Two members of coalition parties Ecolo-Groen and PS abstained symbolically to voice that Lahbib will have to regain their parties' trust.

Persons: Hadja Lahbib, Yves, Read, Darya Safai, Lahbib's, Marine Strauss, Charlotte Van Campenhout, Leslie Adler Organizations: Belgian, REUTERS, Thomson Locations: Brussels, Belgium, BRUSSELS, Belgian

June 9 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since July 2020, energy services firm Baker Hughes Co (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by one to 695 in the week to June 9, the lowest since April 2022. , ,U.S. oil rigs rose one to 556 this week, while gas rigs fell two to 135, their lowest since March 2022. Data provider Enverus, which publishes its own rig count data, said drillers cut nine rigs in the week to June 7, dropping the overall count to 750. That compares with a record 12.3 million bpd in 2019. U.S. gas production, meanwhile, was on track to rise from a record 98.13 billion cubic feet per day (bcfd) in 2022 to 102.74 bcfd in 2023 and 103.04 bcfd in 2024, according to EIA's projection.

Persons: Baker Hughes, Beth McDonald, McDonald, Goldman Sachs, Scott DiSavino, Marguerita Choy Organizations: drillers, Natural Resources, Organization of Petroleum, U.S . Energy Information Administration, Thomson Locations: U.S, Saudi Arabia, Russia

☆ Apple's new Vision Pro is amazing, but there's no good reason to buy it, and lots of reasons not to
▼ + stars: | 2023-06-06 | by ( Michael Gartenberg | ) www.businessinsider.com time to read: +6 min

Apple has chosen AR/VR as the next big area to pursue with its new Vision Pro glasses. The product, which was shown off during an extensive demo by Apple on Monday, is called Apple Vision Pro (AVP). It represents years of research and the first major Apple product launched without the guiding hand and showmanship of the late Steve Jobs (if one doesn't count the Apple AirPods or Watch as major new products, and I do not.) And the Vision Pro isn't likely to have one either. Apple's Vision Pro can be used for FaceTime conversations AppleWith just their eyes, consumers already have large-screen viewing and playing experiences with 4K monitors on their walls connected to excellent video game consoles.

Persons: Apple, Michael Gartenberg, Steve Jobs, Apple —, it'd Organizations: Apple, Apple Vision Pro, Meta, Microsoft, iTunes Ping, AVP, Mac, Consumers Locations: Patagonia

[1/3] Edwin Gariguez, a Catholic priest from the Philippines, who is touring top European banks on environmental issues, is pictured in Frankfurt, Germany, May 10, 2023. "It's really frustrating on my part," Gariguez said on a stopover in Frankfurt after meetings with Deutsche Bank and DWS (DWSG.DE). Barclays and San Miguel didn't respond. On its website, San Miguel says: "As sustainability champions, we hold ourselves accountable." The nation's Department of Energy sees LNG as a "transition fuel", as it moves away from coal-fired power generation toward more renewable energy.

☆ Madrid Open causes controversy: 'Sexist' ball girl outfits, silencing the women's finalists and small birthday cakes
▼ + stars: | 2023-05-09 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —One of the most prestigious tennis tournaments outside of the four grand slams, the Madrid Open attracts the biggest names in the sport. However, this year’s edition has drawn as much attention for off-court controversy as it has for the action on the clay surface. Following the backlash, the skirts were swapped for long shorts in Sunday’s final, but the crop tops remained. “In the end, it is a form of sexist violence that is so widespread because people don’t even notice it.”The ball girl outfits were changed slightly for the final. Julian Finney/Getty ImagesThe Madrid Open and IMG – the tournament is part of the sports management company’s roster of tennis events – weren’t immediately available for comment when contacted by CNN Sport.

☆ Energy stocks were due for Friday's rally. Here's how we're approaching our oil-and-gas names now
▼ + stars: | 2023-05-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

Oil stocks showed signs of life Friday, boosted by a sharp rise in crude prices. CTRA YTD mountain Coterra Energy YTD performance A bright spot in Friday's trading was Club holding Coterra Energy (CTRA), which rose as much as 9% before giving back some of those gains. "This is the beginning, I think, of a real trend in oil," Jim Cramer said Friday. Our calculus on energy stocks has changed as a result of this vicious move. HAL YTD mountain Halliburton YTD performance We took advantage of that notion early Friday with the Pioneer purchase.

☆ Manila airport cancels 40 domestic flights after power outage
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

May 1 (Reuters) - An unexplained power outage at Manila airport's Terminal 3 on Monday led to about 40 domestic Cebu Pacific (CEB.PS) flights being cancelled, the airport said. "Flight delays are expected due to the outage", the Ninoy Aquino International Airport said in a statement posted on Facebook, without disclosing the cause of the power failure. Standby power systems were supplying electricity to critical facilities enabling airline and immigration computers to function partially and enable processing of both inbound and outbound passengers, it said. In a statement, Cebu Pacific offered its passengers departing to and from Terminal 3 an option to rebook or to request refunds to be put in a travel fund for future use. Reporting by Akanksha Khushi in Bengaluru; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ Taylor Swift explains hand injury
▼ + stars: | 2023-04-25 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Insert either a “Shake It Off” or “Bad Blood” play on words for this this story. While performing during the recent Houston stop for her “Eras Tour,” Taylor Swift cut her hand and bled. Here’s where we say, “But the show must go on.”Because it did and now Swift is sharing more about what happened. “Just got to play 3 insane shows in Houston and I’m waking up smiling reminiscing about how much fun we all had,” she tweeted. Don’t worry about me I’m gooooood.”We know “All Too Well” how important it is to Swift to not disappoint her fans.

☆ Recycling plastic can be a little confusing. Here's what the numbers inside the recycling symbol mean
▼ + stars: | 2023-04-22 | by ( Lindsey Jacobson | In | ) www.cnbc.com time to read: +2 min

Plastics labeled with a number 1 are about 20.9% likely to be reprocessed, according to the Greenpeace report. It is still important to know the difference between the types of plastics, since municipalities handle each type of plastic differently. This type of plastic film is often collected separately from plastics labeled 1 and 2. Polystyrene, or PS, is labeled number 6 and can be used to make takeaway containers, coffee cups, insulation and disposable coolers. Finally, plastics labeled number 7 are a mixture of various types of plastics.

☆ JPMorgan just killed Wall Street's WFH dreams
▼ + stars: | 2023-04-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But do you think execs will be OK with their subordinates working remote while they are stuck in the office? Plenty of others, most notably Goldman Sachs' David Solomon, have touted the importance of being in the office (blah blah mentorship model blah blah). Now JPMorgan just laid the blueprint for everyone else to force their own employees back in. Here are more details, including the internal memo, on JPMorgan forcing MDs back into the office. Salt Labs wants to help low- and medium-income workers build wealth via an app that operates like a frequent-flyer program.

☆ Here are Tuesday's biggest analyst calls of the day: Apple, Amazon, UPS, Netflix, WW, Disney & more
▼ + stars: | 2023-04-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Morgan Stanley names UnitedHealth a top pick Morgan Stanley says the healthcare company is best positioned in a recession. Morgan Stanley reiterates Netflix as equal weight Morgan Stanley said Netflix is the "streaming winner" but that it's "priced as such." Morgan Stanley downgrades Nasdaq to equal weight from overweight Morgan Stanley said that it has growth concerns for the exchange operator. JPMorgan upgrades Federated Hermes to overweight from underweight JPMorgan said the rate environment makes the capital market company's stock more attractive. Morgan Stanley upgrades AstraZeneca to overweight from equal weight Morgan Stanley said the pharmaceutical company is "leading the race" to outsmart cancer.

☆ Democratic Rep. Jamaal Bowman and GOP Rep. Thomas Massie got in a heated exchange over gun violence in the halls of Congress: 'Calm down? Children are dying!'
▼ + stars: | 2023-03-30 | by ( Kelsey Vlamis | Nicole Gaudiano | ) www.businessinsider.com time to read: +4 min

Democratic Rep. Jamaal Bowman and GOP Rep. Thomas Massie got in a heated exchange over gun violence. Massie, who once shared a Christmas photo of his family toting guns, told Bowman to "calm down." The Covenant School shooting on Monday reignited debates over gun violence in the halls of Congress. At one point, Massie — who represents Kentucky's 4th district and once shared a Christmas photo of his family toting guns — told Bowman to "calm down." Republican Rep. Andy Ogles of Tennessee, who represents the district where the Nashville mass school shooting happened, posted a similar gun-filled family photo for Christmas in 2021.

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Dick's, Ulta, Bowlero, Carnival & more
▼ + stars: | 2023-03-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Tuesday's biggest calls on Wall Street: Barclays reiterates Apple as equal weight Barclays said Apple advertising on its own apps is very underappreciated. Bank of America upgrades Paramount to buy from neutral Bank of America said the media company has a "unique collection of assets." Bank of America downgrades Fox to neutral from buy Bank of America said it sees a lack of near-term catalysts for Fox . Wells Fargo upgrades Carnival to equal weight from underweight Wells said it sees a more balanced risk/reward for the cruise operator. Morgan Stanley reiterates Dick's as overweight Morgan Stanley said shares of Dick's are undervalued. "

☆ Philippines president backs merger of two state lenders to create country's biggest bank
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +1 min

MANILA, March 28 (Reuters) - Philippines President Ferdinand Marcos Jr is pushing for the merger of two state-run banks, which will create the country's largest lender by assets, his finance secretary said on Tuesday. The merger of Development Bank of the Philippines (DBP) and Land Bank of the Philippines (LBP) would also be in line with past government efforts for consolidation in the banking sector. "The merger will create a bigger and stronger bank to better serve the country's development needs," Diokno said. The union of DBP and LBP would allow the government to save more than 5 billion pesos ($91.93 million) in operating costs in the first year of their merger, Diokno said. As of end-September, the two banks had combined assets of 3.8 trillion pesos, compared with 3.7 trillion pesos of BDO Unibank (BDO.PS), which is controlled by the Philippines' richest family, central bank data showed.

☆ As Buffett's Berkshire buys more Occidental, one firm says you should follow suit
▼ + stars: | 2023-03-28 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's buying spree of Occidental Petroleum is showing no signs of stopping, and Wall Street firm TD Cowen said investors should follow suit. Berkshire Hathaway purchased an additional 3.7 million Occidental shares for $216 million on Monday and last Thursday, boosting the conglomerate's stake in the Houston-based energy producer to 23.5%, a new regulatory filing showed. OXY 1Y mountain Occidental TD Cowen upgraded Occidental to outperform from market perform on Tuesday following the news. On top of Occidental's strong fundamentals, the Wall Street firm said the "captive buying support from Berkshire Hathaway" is a catalyst for the stock. "Berkshire buying shows little evidence of slowing," TD Cowen said.

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