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During a press roundtable event at the Cartier booth at Watches and Wonders, Cyrille Vigneron, the brand’s chief executive, said that A.I. “By having so much data coming from call centers or web inquiries or even what words customers use on comments or on their own social media, you have a lot of words,” Mr. Vigneron said. “What we’ve done for the last five years is be distinctively ourselves,” Mr. Vigneron said. “That’s collective intelligence, and not artificial.”Expansion plansBrands aren’t the only watch-world entities looking to optimize their operations with A.I. Wristcheck, a Hong Kong retailer of pre-owned watches, is planning to introduce what it calls Wristcheck Intelligence this year.
Persons: Cyrille Vigneron, Cartier, Mr, Vigneron, , , “ We’re, ” Mr, ” Austen Chu Organizations: Cartier, Normale, A.I Locations: Hong Kong
An angry, aggrieved former leader attacks the institutions he once led for accusing him of flouting the rules and lying about it. And yet, Britain’s Conservative Party has regularly stood up to Mr. Johnson while the Republican Party is still mostly in thrall to Mr. Trump. On Monday, the House of Commons will vote on whether to accept or reject the committee’s findings. The government said it would not pressure Tory lawmakers to vote one way or the other. That sets up a potential repudiation of Mr. Johnson by his party that could go far beyond the token number of Republican lawmakers in the House of Representatives who voted to impeach Mr. Trump in 2019 and 2021.
Persons: Donald J, Trump, Boris Johnson, Johnson, thrall, Johnson’s, preemptively, Mr Organizations: Britain’s Conservative Party, Republican Party, Conservative Locations: Britain, United States, Downing
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Persons: Dow Jones, richard, mille
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/men-wear-womens-watches-rolex-piaget-richard-mille-7f0ecceb
Persons: Dow Jones, richard, mille
With tennis, the stakes felt higher when rankings points, global recognition, and prize money were on the line. Puig has swapped tennis rackets for running shoes over the past year. Johnny PaceBut the sense of personal satisfaction she gets from running has endured, helping to ease the lingering pain of her retirement from tennis. As a tennis player, Puig always saw running as a form of punishment – never enjoyment. Now, Puig has also set her sights on competing in triathlons, as well as running the remaining marathon majors in Chicago, Berlin, and Tokyo.
Persons: CNN — Monica Puig, Puig, She’s, I’ve, ” Puig, “ I’ve, Johnny Pace, it’s, , I’m, It’s, Lintao Zhang, , Clive Brunskill Organizations: CNN, CNN Sport, Olympic, Rio – Puerto Rico’s, York City Marathon, Madrid, Games Locations: New York City, Boston, London, , Rio –, Chicago, Berlin, Tokyo, Augusta , Georgia, Puerto Rico, York, Beijing
The Fed remains focused on the labor market and cooling wage growth while raising unemployment as the key to bringing hot services inflation down. "I shared with him [a regional Fed president] that they should stop, not pause," said another CFO on the call. "The consumer is being smart," the CFO said, but the Fed focus on bringing unemployment up can break the consumer. "I gave this message to him [a Fed president]: we can manage through this with unemployment below 4%." CFOs said the labor market remains tight and the wage gains, while slowing, have created a higher wage base which can't be turned back.
Persons: Jerome Powell, Drew Angerer, That's, Wall, Randy Kroszner, CFOs, Sara Eisen, Kroszner, it's Organizations: Federal Reserve, Federal, Market, Fed, CNBC, CNBC Fed Survey, Chatham House, Corporations, University of Chicago Booth School of Business Locations: Washington ,
Does a recession in Europe hurt the US?
  + stars: | 2023-06-13 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
New York CNN —Slow consumer spending and sticky inflation have led to two consecutive quarters of economic contraction in the European Union. That means that the eurozone fell into a recession over the winter months, and growth this year is likely to be weak. If Europe sneezes, the economists ask, is it possible that the United States catches a cold? Akinci and Pesenti recently examined whether economic crises in Europe have affected the United States over the past thirty years. Strong employment and higher wages can mean higher inflation as companies pass on increased labor costs by raising the price of goods.
Persons: they’re, Ozge Akinci, Paolo Pesenti, , we’ll, We’ll, Janet Yellen, Emmanuel Macron, , Goldman Sachs, David Solomon, , Solomon, ” Solomon, haven’t, It’s, Alicia Wallace Organizations: CNN Business, Bell, New York CNN, European Union, Federal Reserve Bank of New, Organisation for Economic Co, US Federal Reserve, French, CNBC, Federal, CPI, Federal Reserve Locations: New York, United States, Europe, Federal Reserve Bank of New York, Greece, France
Solid-state batteries have been used in small electronic devices such as pacemakers and smart watches. Solid-state batteries can hold more energy than liquid lithium-ion batteries, a gain that would potentially speed the transition to EVs by addressing a consumer concern: range. That has made solid-state batteries far more expensive than liquid lithium-ion batteries. Honda is developing solid-state batteries but has not detailed a timeline for bringing them to market. Hyundai Motor (005380.KS), another Solid Power investor, has said it plans to mass produce solid-state batteries by 2030.
Persons: Tesla, Bill Gates, Tim Kelly, Sayantani Ghosh, Kevin Krolicki, Christopher Cushing Organizations: Toyota, Reuters, Tesla, Panasonic, Nissan, Honda, Volkswagen, Automotive Cells Co, Mercedes, Benz, ProLogium Technology, Ford, BMW, Hyundai, Solid Power, EV, Thomson Locations: TOKYO, SINGAPORE, U.S, Taiwan
Harvey Averne begins most days with a bialy and whitefish salad. He watches “Morning Joe,” plays with his cat, Coco Baby, and fields calls from Latin music legends like Joe Bataan at his eclectic but tidy Woodhaven, Queens apartment. Averne is one of the last of the Latin music giants: a Jewish kid from East New York who had a hand in the development of Latin music, from the borscht belt to boogaloo and salsa. “I didn’t understand a word they’re saying, but that’s OK — you don’t understand a word in the opera.”As a producer, manager and musician, Averne has a storied history behind the scenes at some of New York’s biggest Latin music labels. At his own Coco Records, which released Latin jazz and salsa, Averne’s work with the pianist Eddie Palmieri earned the first two Grammy Awards for Latin music.
Persons: Harvey Averne, , Coco Baby, Joe Bataan, Celia Cruz —, Averne, ” Averne, , Willie Colón, Larry Harlow, Ralfi Pagan, Ray Barretto, Eddie Palmieri Organizations: East New, Fania Records, Coco Records Locations: Woodhaven, Queens, East, East New York
The company is focusing on specific product categories and leaning into AI and authentication. The e-commerce marketplace, founded in 1995, recently grew quarterly revenues more than expected despite economic uncertainty and a challenging consumer environment. eBay has recently launched multiple product authenticity programs to promote trust in the platform and drive engagement in these categories. It's leaning into AI, building proprietary technology meant to improve eBay's visual search results and empower sellers to use generative AI in their product listings. From executives piloting eBay's AI initiatives to others connecting with sellers around the world, here are the 19 power players driving the company's next phase of growth.
Persons: GMV Organizations: eBay
London CNN —Swiss luxury watchmaker Omega says it has been the victim of “organized criminal activity,” alleging three of its former staff members admitted working with intermediaries to sell a fake Speedmaster watch for some $3.4 million dollars. The watch was bought by Omega itself for 3.115 million Swiss francs—25 times the auctioneer’s upper estimated price—at a Phillips auction in in Geneva in November 2021. “OMEGA and Phillips were the joint victims of organized criminal activity involving the selling of this specific watch by auction,” the statement added. “This timepiece is currently a key piece of evidence in the ongoing investigation that must also bring to light the seller of the watch. “The watch was bought by OMEGA for the OMEGA Museum and we understand from OMEGA that it has discovered that the watch is composed of unrelated parts from various sources, and that OMEGA employees may have been involved in assembling the watch.
Persons: , Omega, Phillips, , Giovanni Alegre, “ OMEGA, ” Phillips, Buzz Aldrin, Ryan Reynolds, George Clooney, Rory McIlroy Organizations: London CNN, Omega, Phillips, CNN, OMEGA, OMEGA Museum Locations: Swiss, Geneva, Bienne, Switzerland
Omega says three former employees faked a watch it paid $3.4 million for, per Switzerland's NZZ. A representative told Bloomberg the watch was a "Frankenstein" that was made of several parts. It was bought by Omega for just over 3.1 million Swiss Francs, or about $3.4 million – a record price for a Speedmaster, per Bloomberg. But according to a statement Omega gave to Bloomberg, the watch was instead a "Frankenstein" that contained mostly authentic parts from other vintage watches. It told Bloomberg it couldn't say who brought the watch to auction.
Persons: Omega, , Raynald Aeschlimann, NZZ, Phillips, Omega didn't Organizations: Bloomberg, Omega, Service, Neue Zürcher Zeitung, Omega Museum Locations: Swiss
Claims online that Florida Governor Ron DeSantis became “furious” after his wife admitted their daughter watches Disney’s “Frozen” every day originated as satire, although some social media users were apparently duped into thinking they are real. Bryan Griffin, press secretary for DeSantis’ political team, told Reuters the claim is false. Reuters has previously debunked satirical claims taken seriously that stemmed from this account (here), (here), (here). There is no evidence that Casey DeSantis said their daughter watches “Frozen” every day (tinyurl.com/26ue8dst). This article was produced by the Reuters Fact Check team.
Persons: Ron DeSantis, , Disney’s, Casey, Disney's, Bryan Griffin, DeSantis, , Casey DeSantis, Read Organizations: Florida, Disney, Reuters, Facebook, Iowa Locations: Iowa, Florida
Here's the full roundup of which Apple Watches will get watchOS 10 — including all of the best Apple Watch models currently available — and which models won't have access to the new OS. Note that iPhones that aren't compatible with iOS 17 won't support watchOS 10. Apple Watches that are compatible with watchOS 10Apple Watches that are not compatible with watchOS 10It should come as no surprise that the below models of the Apple Watch won't be compatible with watchOS 10, as they weren't compatible with watchOS 9 previously. But for the sake of clarity, the following list of older Apple Watch models won't work with watchOS 10. All models compatible with iOS 17 are compatible with watchOS 10.iPhones that are not compatible with watchOS 10The following iPhones aren't compatible with iOS 17, and therefore won't be able to connect to an Apple Watch running watchOS 10:
Organizations: Apple, Apple Watch, Smart
The Apple Vision Pro is significantly more powerful than nearly all competing products on the market. Huge specsThe new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. A new interfaceApple Vision Pro Source: AppleJust as the iPhone did, the Apple Vision Pro introduces a new kind of user interface. Apple Vision Pro Source: AppleEye tracking often uses small sensors to see where the user's gaze is resting. The Apple ecosystemApple CEO Tim Cook stands next to the new Apple Vision Pro headset.
Persons: what's, Inbar, Tipatat Chennavasin, Apple, Justin Sullivan, Avi Greengart, Chennavasin, Jamin Hu, Steve Kovach, Hu, Mac, Tim Cook, Sean Mann, Greengart, Mann Organizations: Apple, Engineers, University of Utah, Nintendo, Microsoft, Meta, Google, Sony, Nvidia, Fund, Superventures, Venture, Apple Vision, Apple Worldwide, Apple Vision Pro, Vision, Getty Locations: Cupertino , California, Apple's, iPhones
The economy shed a net 17,300 jobs in May, entirely in full-time work, while the jobless rate inched up to 5.2%, Statistics Canada said. Analysts surveyed by Reuters had forecast a net gain of 23,200 jobs and for the unemployment rate to edge up to 5.1% in May after staying at 5.0% since December. A series of surprisingly strong economic data and stubbornly high inflation led the Bank of Canada to raise its overnight rate to a 22-year high of 4.75% on Wednesday. "While this is an ugly set of jobs data, the labour force survey is notoriously volatile," said Royce Mendes, head of macro strategy at Desjardins Group. Reports on jobs, inflation and gross domestic product are due out ahead of the next policy announcement on July 12.
Persons: Andrew Grantham, Paul Beaudry, Beaudry, Royce Mendes, Ismail Shakil, Steve Scherer, Fergal Smith, Dale Smith, Susan Fenton, Nick Macfie, Jonathan Oatis Organizations: OTTAWA, Statistics, Reuters, Bank of Canada, Bank of, CIBC Capital Markets, Desjardins Group, Canadian, Thomson Locations: Canada, Statistics Canada, Bank of Canada, Ottawa, Toronto
American television network ABC has not cancelled its talk show “The View” or removed it from the 2024 roster, a network spokesperson said in response to a claim that originated from a satirical website. However, the headline originates from an article (archive.is/PWQ03) on a satirical website, the Dunning-Kruger Times, which has been the source of claims previously debunked by Reuters (here), (here). A spokesperson for ABC told Reuters in an email that the claim about “The View” being cancelled is not true. ABC has not cancelled “The View” as of June 8, 2023. The claim originated on a satirical website.
Persons: Joe Barton, Roseanne Barr, Dunning, “ Dunning, Kruger, Read Organizations: ABC, Facebook, Kruger Times, Reuters, Defense
Trump's lawyers argued the $2 million in damages awarded to Carroll are "grossly excessive under applicable case law." Carroll's attorney in a statement scoffed at Trump's argument, and noted the jury unanimously found he sexually abused Carroll. "Trump now argues that, even if he did those things, Ms. Carroll doesn't deserve the $5 million in damages that the jury awarded," said Carroll's lawyer, Robbie Kaplan. Carroll is seeking no less than $10 million from Trump in the pending lawsuit. Trump during the town hall said he did not sexually abuse Carroll and has no idea who Carroll was.
Persons: Jean Carroll, Joe Tacopina, Donald Trump, Carroll, Trump, Tacopina, Joseph Tacopina, Lewis Kaplan, E, Carroll doesn't, Robbie Kaplan, Goodman, Judge Kaplan Organizations: Elle, U.S ., Appeals, Circuit, Trump, York Magazine, CNN Locations: New York, York, Manhattan
An announcement by the PGA Tour declared a partnership with the Saudi-backed LIV Golf, as well as the DP World Tour, unifying the trio under a new, yet-to-be-named, commercial entity. An eight-time winner on the PGA Tour and the 2020 US Open champion, DeChambeau’s move was a huge coup for LIV Golf. Yet many of the game’s biggest stars stayed put, with several becoming outspoken critics of LIV Golf. The latter purportedly turned down a $700 - $800 million offer to join the breakaway series, according to LIV Golf CEO Greg Norman. “I do feel bad for the PGA Tour players because they were told one thing and something else happened.
Persons: Bryson DeChambeau, , LIV, DeChambeau, DeChambeau’s, LIV Golf, Rory McIlroy, Tiger Woods, Greg Norman, CNN’s Kaitlan Collins, ” DeChambeau, it’s, Suhaimi Abdullah, Saudi Arabia’s, LIV Golf’s, Mohammed bin Salman, Jamal Khashoggi, Bin Salman, Quizzed, Collins, “ I’m, I’m, ” Bryson, Brett Eagleson, Maddie Meyer, Organizations: CNN, PGA Tour, Saudi Arabia’s Public Investment Fund, PGA, , LIV, Sentosa Golf Club, Saudi, Congress, United, America, Getty Locations: Saudi, Singapore, Saudi Arabia, Washington, al Qaeda
Oftentimes, commencement speakers conclude their speeches with something to the effect of, "now go out and change the world." Taking smart risks can ultimately lead to revolutionary ideas, says John Crowley, executive chairman of Amicus Therapeutics, a biotechnology company. But if your ultimate career goal is to change the world, you may be setting yourself up for disappointment. "Very few people have changed the world," Crowley tells CNBC Make It. Crowley says that smart risk-takers avoid setting lofty, broad goals, opting instead for clear, tangible goals.
Persons: John Crowley, Crowley, they've, , Bill Gates, Paul Allen, Steve Jobs, Steve Wozniak, Kelly Evans Organizations: Amicus Therapeutics, CNBC, Novazyme Pharmaceuticals, Genzyme Corporation, Microsoft, Apple
Can HBO’s ‘The Idol’ Bring Back ’80s Sleaze?
  + stars: | 2023-06-06 | by ( Steven Kurutz | ) www.nytimes.com   time to read: +2 min
The first episode begins with the pop star Jocelyn, played by Lily-Rose Depp, baring her breasts during a photo shoot as a team of handlers, crew members and an ineffectual intimacy coordinator look on. There will be no flannel PJs for Joss; a pair of wake-up scenes make it clear to viewers that she sleeps in a thong. It isn’t only the show’s gratuitous nudity that harks back to Mr. Lyne and company, but the overall look and mood, which recall a louche glamour from the time of boxy Armani suits and cocaine nights. A main setting is a $70 million mansion in Bel Air that looks like something out of Mr. De Palma’s “Scarface” but is in fact Mr. Tesfaye’s real-life home. A number of young viewers have said they find sex scenes embarrassing, but Mr. Levinson, who created the HBO drama “Euphoria,” and his fellow producers have made no secret of their desire to pay homage to the heyday of Cinemax (when it had the nickname Skinemax).
Persons: Jocelyn, Lily, Rose Depp, baring, Mr, Tesfaye, Joss, Lyne, De Palma’s, , Tesfaye’s, Levinson, Elizabeth Berkley, Longworth Organizations: Royce, HBO, Cinemax, Risky, , American Cinematheque Locations: Bel Air, Los Angeles
All Aboard the Most Extravagant Fashion Cruise
  + stars: | 2023-06-06 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
In 1964, John Cheever published a short story called “The Swimmer” in which a seemingly happy suburbanite endeavors to swim his way home across New York’s Westchester County, by going from one backyard pool to the next in an odyssey that reveals the truth of his world. It’s a scenario that sprang to mind during the last cruise (or resort) season, a monthlong series of extravaganzas in far-flung destinations that came to an end last week. It was not hard to imagine fashionistas hieing their way from show to show to show before finally returning home. They could have started in Los Angeles with Chanel on May 9, moved on to Seoul with Gucci, on to Mexico City for Dior, then to northern Italy for Louis Vuitton (which had confusingly held a separate pre-fall show in Seoul just a few weeks before) and Alberta Ferretti, ending in Rio de Janeiro on June 1 with Carolina Herrera. Many of them may have been treated to their trips by the brands themselves (The New York Times does not accept press trips, so yours truly watches the shows on the computer), caravanning around the globe as if the pandemic was a speck in the rearview mirror.
Persons: John Cheever, Chanel, Louis Vuitton, Alberta Ferretti, Carolina Herrera, speck Organizations: Gucci, Mexico City, Dior, Louis, Alberta, New York Times Locations: New, Westchester County, Los Angeles, Seoul, Mexico, Italy, Rio de Janeiro
There are plenty of reasons the Vision Pro could flop. apps — that there just aren’t a ton of people in the world who are interested in reading their emails in V.R. But I can’t dismiss the possibility that despite its limitations — such as the need to tote around a connected battery pack — the Vision Pro could be a hit. Part of my open-mindedness to the Vision Pro, I admit, is due to a kind of tech columnist PTSD. In 2013, before the first Apple Watch was released, I wrote a column confidently declaring that smartwatches were a dumb idea.
Persons: haven’t, smartwatches Organizations: Meta, tote, Apple, Vision, Apple Watch
School reunions, like work and family ones, are fertile ground for dramatists, offering an excuse to gather disparate characters with a catalog of ready-made conflicts. (There’s always someone who got dumped, dissed or disowned x years ago.) Branden Jacobs-Jenkins juggles all of these elements in “The Comeuppance,” which opened Monday at the Signature Theater. It’s an odd sensation to side with Death, but we want to know these people, too. Each has struggled to achieve maturity or happiness or just a sense of belonging — a problem that was already evident in high school when they bonded as members of MERGE, a “multiethnic reject group” with a problematic extra E.
Persons: Branden Jacobs, Jenkins, Eric Ting, Jacobs, invisibly Organizations: St, Anthony’s Locations: Washington
Former U.S. President Donald J. Trump visits the driving range, meets fans and watches Round 2 of LIV Golf Washington DC 2023 at Trump National Golf Club Washington DC in Sterling, Virginia, United States on May 27, 2023. NBC News confirmed Trump lawyers on Monday met with officials at the DOJ headquarters in Washington, D.C., after CBS News tweeted a photo of three attorneys walking in to the building. The lawyers, John Rowley, James Trusty and Lindsey Halligan, left the DOJ shortly before noon ET, but declined to comment, NBC reported. Lawyers for Donald Trump met Monday morning with Department of Justice officials, a day after the former president noted speculation that special counsel Jack Smith is moving closer to seeking an indictment of him. Trump has pleaded not guilty in that case, which is scheduled to go to trial next March, in the middle of the presidential primary season.
Persons: Donald J, Trump, General Merrick Garland, Lisa Monaco, John Rowley, James, Lindsey Halligan, Donald Trump, Jack Smith, Smith, Joe Biden, Biden, Michael Cohen Organizations: U.S, LIV Golf, Trump National Golf Club Washington DC, NBC, NBC News, Monday, DOJ, Washington , D.C, CBS News, of Justice, White, National Archives, Records Administration, Marxist, FBI, Electoral, Georgia, Electoral College Locations: LIV Golf Washington, Sterling , Virginia, United States, Washington ,, Florida, Washington, Atlanta, Georgia, New York City
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