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A lawsuit filed by Masimo halted the sale of the newest Apple Watches in the US. Oura's CEO said the company, which holds many patents, will closely examine Samsung's Galaxy Ring. AdvertisementOura Health CEO Tim Hale doesn't seem worried about Samsung's plan to compete with Oura in the wearable "smart ring" market. AdvertisementSamsung's new Galaxy Ring will be a health and wellness device for tracking metrics like sleep. He conceded that some technological similarities between Oura's product and the Galaxy Ring might be unavoidable.
Persons: Tom Hale, Masimo, , Tim Hale doesn't, Hale, Oura, David, Organizations: Apple, Service, Oura, Samsung, International Trade Commission, Apple Watch
But the Arizona Republican, facing a goliath named George W. Bush with the entire Republican establishment behind him, stuck with it. He took questions in church basements, diners and community centers until the assembled voters ran out of questions to ask. He talked to reporters on his Straight Talk Express bus and made no secret of reaching out to independents. In February 2000, Mr. McCain shocked the Texas governor with a convincing New Hampshire victory, 49 percent to 30 percent. Accessibility, honesty, vulnerability and a near-constant presence — Nikki Haley did none of that in New Hampshire against her own goliath, Donald J. Trump, a far different candidate from Mr. Bush but one who also has the aura of inevitability.
Persons: John McCain’s, George W . Bush, McCain, Nikki Haley, Donald J, Trump, Bush Organizations: American Legion Hall, Arizona Republican, Republican, New Hampshire Locations: Manchester, Arizona, Texas, New, New Hampshire
Founded in 1930, Girona plays its football at the modest 14,000-capacity Estadi Montilivi on the outskirts of a city that has a population of just 100,000. Girona was previously promoted to La Liga in 2017, spending only two seasons in Spain’s top flight before being relegated. David Ramos/Getty Images“I tell you what, why not?” Hunter said when asked if Girona can win the league. He’s young, he’s intelligent, he’s ambitious, he’s driven. Fran Santiago/Getty ImagesRegardless, Girona has earned the right to dream and Hunter says upsetting the odds and winning La Liga “would mean everything” to the club and its fans.
Persons: Leicester City’s, Semra Hunter, David Ramos, ” Hunter, they’ve, Atlético Madrid, , Miguel Ángel Sánchez, Míchel, Fran Santiago, Ignasi, , “ It’s, Bagà, CNN Sport’s Patrick Snell, , that’s, Hunter, Pau Barrena, He’s, he’s, let’s, Yan Couto, Yangel Herrera, Aleix García, Eric García, Artem Dovbyk, Pep Guardiola, Ancelotti, Atlético, Barça, “ It’s David, Goliath Organizations: CNN —, Spanish, Real Madrid, La Liga –, Spain isn’t, La Liga, Premier League, Real, Girona, Getty, Barcelona, Real Sociedad, Champions League, , Rayo Vallecano, Rayo, CNN, Atlético, City Football Group, Manchester City, Atletico, Pau, City, SC Dnipro, La Locations: Catalan, Spain, Spain isn’t Barcelona, Girona, La, Madrid, Spain’s, Atlético, Real Madrid, ” Girona, Saudi Arabia, Huesca, Atlético Madrid, Pau, AFP, Ukrainian, Real
When Goldman Sachs entered the credit card space in 2019, many consumer banks were concerned that a new competitor had emerged. Photos: ReutersGoldman Sachs reported sharply higher earnings for the fourth quarter, giving the Wall Street Goliath a boost after a run of lackluster results. But the strength wasn’t in Goldman’s traditional powerhouses, investment banking and trading. Instead, it was asset and wealth management, where Goldman Chief Executive David Solomon has pinned much of its hopes. The unit reported a 23% jump in revenue, while revenue from both investment banking and trading were down.
Persons: Goldman Sachs, David Solomon Organizations: Goldman
Israel-Hamas War Exposes Divisions in France
  + stars: | 2023-12-01 | by ( Colleen De Bellefonds | Dec. | At P.M. | ) www.usnews.com   time to read: +10 min
"Many people have taken sides,” says Sandrine, who didn't feel comfortable providing her last name given the sensitivity of the topic. Immediately following the Oct. 7 attacks, Macron condemned Hamas and supported Israel’s right to defend itself. “The explicit prohibition of Palestinian demonstrations is something very recent and, in my opinion, a massive political mistake,” Lazar says. The RN, which denounces mass immigration to France from largely Muslim countries, also views Israel as a beacon of democracy in the Arab world. "He needs to defend what [Hamas does] without saying he supports them directly" as part of the Palestinian cause, says Lazar.
Persons: , Sandrine, Emmanuel Macron, Macron, Marc Lazar, ” Lazar, Mahmoud Abbas, Israel, Marc Hecker, “ That's, Hecker, David, Goliath, Joe Biden, Jean, Marie Le Pen, Marie Le Pen’s, , Le, Le Pen, , ’ ”, Yves Camus, Luc Mélenchon, , Lazar, Mélenchon, they’re Organizations: Hamas, Montaigne Institute, Sciences Po, West Bank, Center for Security Studies, French Institute of International Relations, French Institute of Public, Palestinian Authority, U.S, National, La France, National Assembly, National Front, Israel, FN, Marine, Rassemblement, Institute of International Relations, Strategic Studies, European Jewish Congress, Locations: Paris, Israel, France, Gaza, Western Europe, Egypt, Jordan, Syria
Cobre Panama has said it is committed to growing more new forest than is impacted by its mine. "We aren't going anywhere," Sabino Ayarza, a representative of the protesting fishermen, told Reuters on Tuesday from his boat. Their grassroots movement, nearly unheard of in business-friendly Panama, has wiped C$11 billion ($7.4 billion) off First Quantum's market value and raised global copper prices on supply worries. The protesters' victory in Panama is emblematic of the outsized and sometimes unexpected influence local communities are having on mining companies worldwide. Cobre Panama accounted for about 46% of First Quantum's overall revenue in the third quarter, according to company data.
Persons: Aris Martinez, Sabino Ayarza, Ayarza, Codelco, Valentine Hilaire, Divya Rajagopal, Fabian Cambero, Christian Plumb, Denny Thomas, Nick Zieminski Organizations: REUTERS, Aris, PANAMA CITY, Minerals, Reuters, Panamanian, Tuesday, Scotiabank, Protesters, First, Thomson Locations: Panama City, Panama, PANAMA, TORONTO, Portugal, Peru, Chile, Macquarie, Mexico City, Toronto, Santiago
As technology titans jockey to back hot new startups, they are extracting explicit or implicit promises of revenue in return. loadingMicrosoft’s injection of $10 billion into OpenAI in January helped kick off the craze. As part of their deal, the ChatGPT operator agreed to exclusively use its new investor’s cloud computing services. Much of the invested capital should be returned relatively quickly as AI firms buy back-end services. Nvidia (NVDA.O) has at least 80% and as much as 95% of the AI market, according to estimates by analysts.
Persons: Sam Altman, Satya Nadella, OpenAI, Optimists, cynics, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Streisand Neto Organizations: Reuters, Microsoft, Financial Times, Apple, Nasdaq, Big Tech, OpenAI, Wall Street, Google, Reuters Graphics Reuters, Cisco Systems, Lucent Technologies, Nortel Technologies, Company, Global, Telecom, Nortel, Network, Nvidia, Thomson Locations: OpenAI, Silicon Valley
Interest rates for long-term borrowing for capital improvements also would be less costly for Pine Tree Power. The anger and frustration from electric ratepayers in Maine is a far cry from the days when Iberdrola bought Central Maine Power, the state’s largest electric utility. The privately operated, nonprofit Pine Tree Power utility would contract with a private grid operator through a competitive bidding process. But Pine Tree Power would face some of the same constraints as CMP and Versant. And, like the existing utilities, Pine Tree Power would have no control over the actual cost of electricity, which comprises about half of consumers' monthly bills.
Persons: Mainers, , Timothy Cox, Janet Mills, William Harwood, Seth Berry, Harwood, Ann, Ursula Schryver, Schryver, Mike Jacobs, Jacobs, who's, Christie Decker, , Decker, Freed, Willy Ritch, ” Al, David Sharp, @David_Sharp_AP Organizations: Central Maine Power, Energy Partners, Democratic Gov, Maine Public, CMP, Nationwide, American Public Power Association, Union of Concerned Scientists, Iberdrola, Maine, Tree, Maine Affordable Energy Coalition Locations: PORTLAND, Maine, U.S, Washington, Tree, Francisco, San Diego, Ann Arbor , Michigan, Rochester , New York, Nebraska, Boston, Wilton, Pine, ” Al Cleveland
Why China and Australia Are Reconciling. Sort of.
  + stars: | 2023-11-03 | by ( Damien Cave | ) www.nytimes.com   time to read: +1 min
Since 2017, Australia has played David to China’s Goliath: rejecting Chinese pressure to adopt Huawei technology, calling out Chinese political interference, and demanding an inquiry into Covid-19’s origins, even as Beijing blocked Australian imports ranging from coal to wine. Now, with Australia’s prime minister, Anthony Albanese, landing in Beijing on Saturday for a three-day visit and a meeting with China’s leader, Xi Jinping, reconciliation is advancing — but with limits. Mr. Albanese’s trip represents a small step back to economic and diplomatic stability after a long march into distrust. China’s coercive tariffs are disappearing. “It won’t be easily erased because what came with it was a whole other set of assumptions and fears.”
Persons: David, China’s Goliath, Anthony Albanese, Xi Jinping, , James Curran Organizations: Huawei, University of Sydney Locations: Australia, Covid, Beijing
Zelenskyy praised Ukraine's wins in the Black Sea, noting they'd "be in history textbooks." Ukraine's success in the battle for the Black Sea is what will be in history textbooks, though it's not discussed as often now." Ukraine's forces followed up that attack with a later strike on the Black Sea Fleet headquarters. AdvertisementAdvertisementSevastopol has been the longstanding headquarters of the Russian Black Sea fleet, a key part of Russia's annexation of Crimea in 2014. Whether or not those victories in the Black Sea are sufficient to call the counteroffensive a success is debatable.
Persons: Zelenskyy, Ukraine's, hasn't, , Volodymyr Zelenskyy, it's, David, Wojciech Grzedzinski, Gornyak, Shashank Joshi Organizations: Service, 80th Air Assault Brigade, Anadolu Agency, Getty, Ukraine, Black, REUTERS, Economist's, Fleet Locations: Zaporizhzhia, Crimea, Ukraine, Russian, Russia, Syria, Donetsk Oblast, Sevastopol, Kerch, Ukrainian, Avdiivka
David Mitchell, a muckraker whose tiny California newspaper challenged the violent drug rehabilitation cult Synanon and, as a result, became one of only a handful of weeklies to win a Pulitzer Prize, died on Oct. 25 at his home in Point Reyes Station, Calif., in Marin County. His wife, Lynn Axelrod Mitchell, said the cause was complications of Parkinson’s disease. A gangly, grizzled former literature teacher, Mr. Mitchell also figured in a retaliatory libel suit by Synanon, the results of which advanced the rights of investigative reporters. In 1984, the California Supreme Court ruled that in certain cases they could keep the names of confidential sources secret without forfeiting their defense in libel and other civil cases. Mr. Mitchell’s newspaper, The Point Reyes Light, was struggling financially, and the strain of keeping it afloat ultimately cost Mr. Mitchell his second marriage; his wife at the time, Catherine Mitchell, was co-publisher with him.
Persons: David Mitchell, Lynn Axelrod Mitchell, Mitchell, Synanon, Reyes, Catherine Mitchell, , David Organizations: California Supreme Locations: California, Point Reyes, Calif, Marin County
ATLANTIC CITY, N.J. (AP) — Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry. Some projects already have been canceled, and many offshore wind developers are seeking better terms from governments with whom they have already contracted. Despite the challenges, some wind projects are moving forward. Orsted said it is proceeding with its Revolution Wind project in Connecticut and Rhode Island. And New Jersey still has several other offshore wind projects in various stages of development, with four new proposals submitted in August alone.
Persons: ” Mads Nipper, , , Louis Knight, Biden, Jeff Van Drew, “ David, Goliath, Robin Shaffer, Orsted, ___, Wayne Parry Organizations: CITY, New, Orsted, Northern, World Meteorological Organization, Sierra Club, , U.S, Government, Office, Republican, Dominion Energy, Virginia Beach, American Clean Power Association, Oceantic Network, Shell, EDF Renewables, Atlantic Locations: N.J, New Jersey, Danish, U.S, New England, Carolinas, New York, Coast NJ, Connecticut, Rhode, Virginia, Atlantic Shores, EDF Renewables North America, www.twitter.com
Threads Software Limited and its lawyers wrote to Meta to tell it to stop using the Threads name in the UK. AdvertisementAdvertisementA British software company is giving Meta 30 days to stop using the name Threads in the UK because it owns the trademark. Threads Software Limited says its lawyers wrote to the Facebook and Instagram parent company on Monday. If Meta doesn't stop using the name Threads, Threads Software Limited says it will seek an injunction from the courts. John Yardley, the managing director of Threads Software Limited, said the business "faces a serious threat from one of the largest technology companies in the world."
Persons: It's, Meta, , Elon Musk's, John Yardley, Musk, ChatGPT, Mark Zuckerberg, David, Goliath, Yardley Organizations: Software, Meta, Service, Facebook, Elon, Threads Software Locations: British
Mr. Biden has vowed that the United States can support both Israel’s and Ukraine’s security needs, and is asking Congress for $105 billion in emergency funding to cover them. But Israel may eventually need weapons that are now running short in Ukraine, including armed drones and artillery rounds. Trapped in a war of attrition of its own making, Russia must be relishing the appearance of a new and demanding conflict for the United States, draining the strength of its adversaries. What’s more, the war in Gaza threatens to postpone — if not derail — the Biden administration’s efforts to normalize relations between Israel and Saudi Arabia. The Kremlin’s response to the war in Gaza, putting distance between itself and Washington’s unequivocal pro-Israel stance, is designed to exploit those feelings further.
Persons: Biden, What’s, , David, Israel Organizations: Abraham Accords, Kremlin Locations: United States, Israel, Ukraine, Russia, Gaza, Saudi Arabia, Washington, Saudi, Moscow, American, Iran, Europe
If Amazon, why not Walmart?
  + stars: | 2023-10-25 | by ( Jennifer Saba | ) www.reuters.com   time to read: +3 min
Shopping habits vary widely, however, and the company’s pricing strategies are commonly used, including at Walmart (WMT.N). According to the complaint, if Amazon finds a cheaper product elsewhere, it punishes the seller by removing merchandise from the “buy box,” effectively tanking sales. Thus, the argument goes, Amazon prevents rivals from competing on price. Walmart, which bought Jet.com in 2016 for $3 billion, is also just as discerning when it comes to online pricing. The agency accuses Amazon of stifling competition on price, product selection and quality, and preventing rivals from attracting a critical mass of shoppers and sellers.
Persons: Lina Khan, Andy Jassy, Walton, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: Reuters, U.S . Federal Trade Commission, Walmart, Amazon, FTC, eBay, Amazon.com, Thomson Locations: United States
Learn moreToday's Rugby World Cup semi-final is a true David vs Goliath affair and a real chance for an underdog upset. Don't miss out on today's free New Zealand vs. Argentina live stream. Where to watch New Zealand vs. Argentina Rugby World Cup live streams free from anywhereYou can catch all of the Rugby World Cup action, including New Zealand vs. Argentina, using the free ITVX live stream in the United Kingdom, which offers up every match of this year's Rugby World Cup. How to watch New Zealand vs. Argentina in the USANBC is the exclusive broadcast partner for the Rugby World Cup in the United States. Rugby World Cup scheduleBelow is a full schedule of upcoming Rugby World Cup games that will run through the October 28 final.
Persons: David, ExpressVPN, You'll Organizations: Rugby, Zealand, England, Blacks, Wales, New Zealand, Argentina Rugby, ITV, USA NBC, CNBC Locations: Argentina, South Africa, Zealand, France, New, United Kingdom, UK, USA, United States, England
Internet connectivity in Gaza is plummeting. AdvertisementAdvertisementGaza's already flimsy internet connectivity has been severely impacted by Israel's strikes, according to several outage-detection models. Last Friday, NetBlocks, a watchdog organization that monitors the governance of the internet, noted a steep decline in Gaza's internet connectivity. Fatafta said ordinary Palestinians were able to use social media to challenge some of the messaging coming from the Israel side. But, now, he fears that the fall in internet connectivity is creating a blindspot.
Persons: , David, Gaza's influencers, Doug Madory, Amanda Meng, Meng, OCHA, Paltel, It's, Liz Throssell, Throssell, Fatafta, Jalal Abukhater, Abukhater, 7amleh, Sims Organizations: Service, Israel Defense Forces, Palestinian Health Ministry, Georgia Tech, United Nations Office, Humanitarian Affairs, Palestinian Telecommunications Company, IDF, UN, United Nations Human Rights, Israel's Ministry of Foreign Affairs, CNN, Hamas, Al, Arab Center for Social Media Advancement, Gaza Locations: Gaza, MENA, Israel, Ahli, Palestinian
In the midst of a funding crapshoot for young startups, The Grand, a four-year-old startup that provides career coaching as a service, has raised $4.7 million in a round of seed funding led by Alexis Ohanian's Seven Seven Six. You could say founders Anita Hossain Choudhry and Rei Wang had a leg up on creating the pitch deck they used to convince venture capitalists to back their startup. The goliath of coaching startups is BetterUp, a startup that offers individual and group coaching and has raised $600 million in funding so far. The Grand is now walking in lockstep with roughly 1,000 members, including Googlers, founders, and pro athletes. Check out the pitch deck that The Grand used to raise $4.7 million in seed funding.
Persons: Alexis Ohanian's Seven, Anita Hossain Choudhry, Rei Wang, Hossain Choudhry, Wang, Oscar, it's Organizations: Google, Intuit, Angel City Football Club, NBA, Carta Locations: Ohanian, lockstep
Political Cartoons View All 1190 ImagesFor years, California didn't regulate groundwater, allowing farmers and residents alike to drill wells and take what they needed. There is a small market, hardware store, a Western-themed boutique hotel and miles of land sown with olives, pistachios, grapes and carrots. From the start, Grimmway and Bolthouse participated in the formation of the local groundwater sustainability agency and plan. Furstenfeld, who sits on an advisory committee to the groundwater agency, doesn’t own land and doesn’t have an attorney. The company that owns the land, Bolthouse Land Co., is still litigating.
Persons: Lee Harrington, “ It’s, ” Harrington, Bolthouse, , Dan Clifford, Jeff Huckaby, , ” Huckaby, Jake Furstenfeld, David, Goliath, Alfonso Gamino, haven’t, Eric Garner, Huckaby, Grimmway, Jean Gaillard, ” Gaillard Organizations: , Bolthouse Locations: Calif, California, New, Los Angeles, Cuyama, Oxnard, Pleasant, San Diego County, Southern California
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I'm fascinated by Hollywood's interpretation of finance, from "The Wolf of Wall Street" and "Margin Call" to "The Big Short." The depiction of hedge fund managers Ken Griffin (Nick Offerman), Steve Cohen (Vincent D'Onofrio), and Gabe Plotkin (Seth Rogen), whose firm's GameStop short position put it in Reddit traders' crosshairs, came across as too over-the-top and cartoonish. But if satire was the direction the movie wanted — à la "The Wolf of Wall Street" — it should have pushed harder. Instead, Gill's stoner brother (Pete Davidson) has to carry the comedy load, but most of his jokes come up short.
Persons: , Keith Gill, Paul Dano, Gill, Ken Griffin, Nick Offerman, Steve Cohen, Vincent D'Onofrio, Gabe Plotkin, Seth Rogen, Griffin, Pete Davidson Organizations: Service, GameStop, Wall
Ryan Cohen was announced as the new CEO of GameStop on Thursday. AdvertisementAdvertisementGameStop has a CEO once again after Ryan Cohen, the billionaire founder of Chewy, was appointed Thursday. Cohen had been executive chairman since early June after CEO Matt Furlong was shown the door. Cohen, who's the largest investor in GameStop with a 12.1% stake, sold Chewy in 2017 for $3.3 billion. Cohen first took a stake in GameStop in 2020 and joined its board in January 2021 before becoming chairman that June.
Persons: Ryan Cohen, Chewy, , Cohen, Matt Furlong, Furlong, Keith Gill, Kitty, Paul Dano, Gill, David Organizations: GameStop, Service, Amazon, Forbes, YouTube, Sony Pictures
CNN —The European Court of Human Rights will hear an “unprecedented” lawsuit on Wednesday, brought by six young people against 32 European countries accusing them of failing to tackle the human-caused climate crisis. It is the first climate case to be filed with the European Court of Human Rights and is the largest of a total of three climate lawsuits the court is hearing. If it passes procedural hurdles, the court could rule that states do not have human rights obligations when it comes to climate change. “That could be very damaging to other similar cases,” said Michael B. Gerrard, director of the Sabin Center for Climate Change Law at Columbia Law School. Climate litigation is an important tool, said Catherine Higham, coordinator of the Climate Change Laws of the World project at the London School of Economics.
Persons: David, , Gearóid Ó Cuinn, , Catarina Mota, Mota, Cláudia Duarte Agostinho, Pablo Blazquez Dominguez, André dos Santos, , Martim Duarte, Cláudia Duarte, Mariana Duarte, Marcelo Engenheiro, Michael B, Gerrard, ” Ó Cuinn, ” Gerrard, Gerry Liston, Liston, Catherine Higham Organizations: CNN, European, of Human, Global, Getty, Union, Sabin, Climate, Columbia Law School, London School of Economics, United Nations Locations: Portugal, GLAN, Pedrogao Grande, Leiria district, Norway, Russia, Switzerland, Turkey, United Kingdom, Greece –, Europe, Dubai
A rendering of a bar area at the Core Club, a private membership club in Midtown Manhattan. A rendering of a terrace at the Core Club, a private membership club in Midtown Manhattan. A rendering of the Core Club, a private membership club in Midtown Manhattan. A rendering of the Core Club, a private membership club in Midtown Manhattan. A rendering of a dining area at the Core Club, a private membership club in Midtown Manhattan.
Persons: Casa Cipriani, Zero, Aman, Casa, Jeff Zalaznick, We've, restauranteur Nick Jones, Jennie Enterprise, Bond, Scott Sartiano, Kim Kardashian, Pete Davidson, Gigi Hadid, Zalaznick, Chef Michele Brogioni, Giorgio Armani, Mauro Pompili, Stephen Schwarzman, Roger Goodell, Tory Burch, Steven Roth, Estee, William Lauder Organizations: ZZ's Club, Core, ZZ's, Major Food Group, Aman, Industry, Soho House, CNBC, Club Club, Club New York, Dangene Institute, Manhattan, Enterprise, Blackstone, NFL Locations: Manhattan, Midtown, New York, Los Angeles, Miami, Vicente, Midtown Manhattan, Hudson, Aman, York, U.S, London, Soho, Milan, San Francisco
Nick Offerman and Seth Rogen Photo: SONY PICTURES ENTERTAINMENT‘Dumb Money,” which lives up to its name in ways it doesn’t quite grasp, recounts a strange-but-true tale that makes an ungainly subject for a movie. Shares of GameStop, a retailer of video games, zoomed from under $5 to an intraday high of nearly $500 amid a jokey viral campaign by small investors meant to counteract many Wall Street short sellers betting on the stock to collapse.
Persons: Nick Offerman, Seth Rogen Organizations: SONY, GameStop
There's Anthony Ramos' Marcus, a GameStop cashier, being lectured by his parents that this stock trading thing isn't real. Reddit versus Wall StreetMany social media traders discussed the meme stock moment in David vs Goliath terms — the retail traders versus the hedge funds. Several brokerages limited trading in meme stocks at the height of the meme stock mania. In the second quarter of 2019, before the meme stock mania began, the company generated about $1.3 billion in net sales. The AMC stock sales have diluted the holdings of individual shareholders, and the market cap of AMC is still down more than 50% from its peak.
Persons: Pete Davidson, Paul Dano's Keith Gill, Kitty, There's Anthony Ramos, Marcus, Jenny, hasn't, David, Gabe Plotkin, Seth Rogen, Capital, Robinhood, Chewy, Ryan Cohen, Matthew Furlong, shakeups, Adam Aron, Plotkin Organizations: Sony Pictures Entertainment, GameStop, YouTube, Ferrari, AMC Entertainment, AMC, SEC, Amazon, Wall Street titans, Charlotte Hornets
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