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☆ Workers Can't Get Hired for America's Semiconductor Jobs of the Future
▼ + stars: | 2024-01-09 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +17 min

But since completing Quick Start, Gardner has come to a worrying realization: There aren't enough semiconductor jobs to go around. The precedent is little solace for the many graduates of the Quick Start program who are stuck in limbo. In addition to no longer promising interviews with semiconductor companies, Quick Start has taken other steps to moderate candidates' expectations. Hurdles aboundBeyond short-term economics, Palmer believes there are two reasons semiconductor companies have been slow to hire, she said. In the years ahead, the artificial-intelligence boom could further boost the demand for chips and create more jobs in the semiconductor industry.

Persons: Collin Gardner, Gardner, Taco Bell, Taiwan's, Joe Biden, I'm, Lisa Strothers, Jacob Zinkula, Quick, Leah Palmer, who've, Palmer, Gary Burley, who's, they're, we're, It's, —, Gabriela Cruz Thompson, Biden, Gina Raimondo, he'd, hadn't, he's Organizations: Taco Bell, Business, Taco, Semiconductors, Semiconductor, Semiconductor Industry Association, Oxford Economics, Intel, Arizona Advanced Manufacturing, Mesa Community, Mesa Community College, Quick, Samsung, Bloomberg Locations: Arizona's Maricopa County, Arizona, chipmaking, China, Maricopa County, Ohio

☆ Corporate bond yields are off highs, but are still attractive. Here's what experts say to look for in 2024
▼ + stars: | 2023-12-29 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

While corporate bond yields have moved down off their highs, investors will still be able to snap up some juicy income next year, experts believe. USIG YTD mountain The iShares Broad USD Investment Grade Corporate Bond ETF tracks the ICE BofA U.S. Corporate Index. However, for income investors not just focusing on the next 12 months, investment-grade corporate bonds look very attractive, he said. WINC YTD mountain Western Asset Short Duration Inc ETF In fact, he thinks 2024 will provide a unique opportunity for corporate bond investors. He also doesn't think corporate bonds are particularly attractive on a total return performance thanks to their recent run higher.

Persons: Goldman, Lindsay Rosner, Collin Martin, Charles Schwab, Martin, Martin doesn't, Fitch, Kurt Halvorson, Halvorson, you'll, Michael Kessler, Kessler, Schwab's Martin Organizations: Federal Reserve, ICE, Corporate, . Investment, Goldman, CNBC, Western Asset, Albion Financial, Investors Locations: Goldman Sachs

☆ FTC Investigates Exxon’s $60 Billion Deal for Pioneer
▼ + stars: | 2023-12-05 | by ( Dave Michaels | Collin Eaton | ) www.wsj.com time to read: 1 min

Exxon’s proposed takeover of Pioneer Natural Resources would make Exxon the largest oil producer in the Permian Basin of West Texas and New Mexico. Photo: Bloomberg NewsU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources , which would be the largest oil-and-gas deal in two decades, according to securities filings. The Federal Trade Commission has sought additional information from the companies about the deal, a step it takes when reviewing whether a merger could be anticompetitive under U.S. law, Pioneer disclosed in a filing Tuesday. Merger investigations on average take about 10 months to complete, according to data compiled by law firm Dechert.

Persons: Exxon’s Organizations: Pioneer Natural Resources, Exxon, Bloomberg News, Natural Resources, Federal Trade Commission Locations: West Texas, New Mexico

☆ CNN took an 11-day cruise through some of the most-contested waters on Earth. Here’s what we learned
▼ + stars: | 2023-12-03 | by ( Brad Lendon | ) edition.cnn.com time to read: +23 min

China claims almost all of the 1.3 million-square-mile South China Sea as its sovereign territory. In daylight hours in the South China Sea, from Ottawa’s flight deck or outdoor bridge wings, Chinese warships are often visible to the naked eye. Aviator Gregory Cole/Canadian Armed Forces PhotoOn October 29, things take a potentially dangerous turn, one that could have cost lives and ratcheted up tensions in the South China Sea to new levels. Radar operators scan their instruments in a Canadian antisubmarine warfare helicopter over the East China Sea. Hammerhead targets drones await their fate on the deck of the frigate HMCS Ottawa in the South China Sea.

Persons: Sam Patchell, Jacob Broderick ,, Ben Hughes, Gregory Cole, he’s, “, King Neptune, Xi Jinping, Brad Lendon, Rafael Peralta, Collin Koh, ” Patchell, Patchell, Aviator Gregory Cole, ”, haven’t, Xi, Rob Millen, they’d, Long, Peralta, It’s, Qinetiq, Noble, That’s, Cmdr, Sean Milley, Christine Hurov, Wally Shirra, it’s, Wally Schirra, Loverboy’s, Australia’s, doesn’t, We’ll Organizations: HMCS, HMCS Ottawa CNN, Royal Canadian Navy, Canada, United, Naval Warfare Officers, Canadian Armed Forces, US Navy, Ottawa, CNN, Canada’s Defense Ministry, Chinese Communist Party, Coast Guard, Rajaratnam, of International Studies, People’s Liberation Army Navy, PLA Navy, United Nations, Ottawa's, Cyclone, Canadian, Royal Canadian Air Force, Chinese Defense Ministry, Pentagon, troika, Peralta, Brisbane, CNN Radio, New, New Zealand Navy’s, Cmdr, HMNZS Aotearoa, Australian, Southern Hemisphere, One Locations: HMCS Ottawa, Taiwan, Ottawa, China, United States, Canadian, South China, Gaza, Ukraine, East, Washington, Singapore, Beijing, Spratly, Vietnam, Philippines, Malaysia, Brunei, Chinese, South, East China, CNN Beijing, Canada, Gulf of Mexico, West Coast, Australian, Brisbane, Australia, Japan, New Zealand, Okinawa, replenishments, Aotearoa, American, Ottawa’s

Jennings threw a touchdown pass and accounted for 266 yards from scrimmage, Collin Rogers kicked four second-half field goals and No. 17 Tulane 26-14 on Saturday in the AAC title game. Political Cartoons View All 1277 ImagesThe Mustangs (11-2) also turned in a stifling defensive performance, limiting Tulane (11-2, No. “Our defense today, they dominated,” Lashlee said, highlighting how SMU held Tulane to 31 yards rushing, far below its average of 167.3 yards coming in. Interceptions by Cam Pedescleaux and Jarius Monroe, and an early missed field goal by SMU, kept Tulane in the game.

Persons: —, Kevin Jennings, Jennings, Rhett Lashlee, ” Jennings, Collin Rogers, “ Jennings, ” Lashlee, “, ”, Michael Pratt, Isaiah Nwokobia's, SMU “, ” Pratt, Willie Frtiz, Dana Holgorsen, Fritz, ” Fritz, “ I‘ve, It'll, Preston Stone, Pratt, Key'Shawn Smith, Yulkeith, Rogers, Lashlee, ” SMU’s, Cam Pedescleaux, Jarius Monroe, injuires, Lawrence Keys, Jha'Quan Jackson —, “ We’ve, peraps, ___ Organizations: ORLEANS, — SMU, SMU, Tulane, American Athletic Conference, ” SMU, Yulman, Cougars, Houston, USC, USA, Liberty, Southwest Conference, Mustangs, AAC, ACC, Preston, Devean, Yulkeith Brown, TCU, Oklahoma, ” Tulane, AP Locations: “

☆ NBA roundup: 76ers end Thunder's 6-game win streak
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +4 min

Embiid returned after missing Wednesday's loss to Minnesota with hip soreness, helping the 76ers snap a two-game losing streak and end the Thunder's six-game winning streak. Kyle Kuzma finished with 12 points and added team-highs of eight assists and seven rebounds. Lakers 121, Cavaliers 115Anthony Davis had 32 points and 13 rebounds to help visiting Los Angeles to a win against Cleveland. Los Angeles also received solid bench contributions, as Austin Reaves had 15 points and 10 assists, Christian Wood scored 13 points and Jaxson Hayes added 10 points. Zion Williamson, who led the Pelicans to a road win over the Los Angeles Clippers late Friday night, continued his pattern of sitting out the second night of back-to-back sets.

Persons: Joel Embiid, Cason Wallace, Alonzo Adams, Tyrese Maxey, Embiid, Chet Holmgren, Shai Gilgeous, Alexander, Holmgren, Trae Young, De'Andre Hunter, Young, Jared Butler's, Kyle Kuzma, Bridges, Cameron Johnson, Bam Adebayo, Jimmy Butler, Haywood Highsmith, Jamal Cain, Caleb Martin, Jaime Jaquez Jr, Anthony Davis, LeBron James, Max Christie, D'Angelo Russell, Angeles, Austin Reaves, Christian Wood, Jaxson Hayes, Donovan Mitchell, Jarrett Allen, Evan Mobley, Cleveland, Georges Niang, Craig Porter, Collin Sexton, Keyonte George, Kelly Olynyk, Zion Williamson, Paul George, Terance Mann, Norman Powell, Russell Westbrook, Ivica Zubac, Luka Doncic, Kyrie Irving, Tim Hardaway Jr Organizations: Philadelphia 76ers, Oklahoma City Thunder, Paycom Center, USA, 76ers, Thunder, Atlanta, Washington, Hawks, Seven Washington, Nets, Brooklyn, Miami, The Nets, Lakers, Cavaliers, Cleveland, Jazz, Pelicans, New Orleans, Utah, Los Angeles Clippers, Clippers, Mavericks, Dallas, Los, Thomson Locations: Oklahoma City , Oklahoma, USA, Minnesota, New York, Los Angeles, Utah, Salt Lake City

☆ Carlos Sainz wins inaugural Netflix Cup – and immediately smashes it
▼ + stars: | 2023-11-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Ferrari Formula One driver Carlos Sainz got his hands on the inaugural “Netflix Cup”, only to stare in horror as it tumbled out of them. Clutching a bottle of champagne in his other hand, Sainz was chatting with the American when the cup tumbled out of his grip. We’re here to have a good time.”Homa plays a shot in front of the Las Vegas Sphere. A $4.56 million dollar charity donation was offered by the PGA Tour if a hole-in-one was made, though no player achieved the feat. Lynch laughs with characters dressed in "Squid Game" outfits.

Persons: CNN —, Carlos Sainz, Justin Thomas, Sainz, Thomas, Pierre Gasly, Tony Finau –, Collin Morikawa –, Finau, David Becker, Gasly, McLaren’s Lando Norris, Alex Albon, Rickie Fowler, Max Homa, Joel Dahmen, Bert Kreischer, Kay Adams, Marshawn Lynch, “, ” Thomas, ” Homa, –, Lynch, Max Verstappen Organizations: CNN, CNN — Ferrari Formula, Netflix, Wynn Golf Club, Getty, Super Bowl, NFL, Las Vegas, PGA, Vegas, F1, Qatar, Prix Locations: Las Vegas

☆ Exxon Makes Lithium Play in Long-Term Bet on EV Demand
▼ + stars: | 2023-11-13 | by ( Collin Eaton | ) www.wsj.com time to read: 1 min

China is the world leader in processing lithium and it is making major, risky investments to secure raw lithium in Latin America and Africa. Now, the U.S. is trying to develop its own supply to reduce its reliance on China. Photo illustration: Jamie LeventhalExxon Mobil said Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030. The Texas-based oil company’s entrance into the lithium business, first reported by The Wall Street Journal in May, is an effort to reposition itself long-term for the advent of EVs and electrification in the transportation sector, which it dominated for decades as one of the world’s largest fuel makers. Lithium is a key ingredient in making batteries for EVs, cellphones and laptops.

Persons: Jamie Leventhal Exxon Organizations: Jamie Leventhal Exxon Mobil, Wall Street Journal Locations: China, America, Africa, U.S, Arkansas, The Texas

Tiger Woods couldn't be more involved with primetime TGL unless he had built the arena. Woods, Rory McIlroy and former Golf Channel president Mike McCarley are founding partners in TMRW Sports, the sports and entertainment company behind TGL. “Having the opportunity to not only compete, but also own a team to represent Jupiter is an exciting next chapter for me,” Woods said Tuesday. Woods referred to TGL as a “modern twist of traditional golf” that ultimately will make it more accessible by leaning the glitz of technology. The prize fund is $21 million, with $9 million going to the winning team and players eventually getting equity in the league.

Persons: He's, Woods, David Blitzer, Rory McIlroy, Mike McCarley, ” Woods, Woods hasn't, ” McCarley, McIlroy, Keegan Bradley, Adam Scott, Tyrrell Hatton, Arthur Blank, Alexis Ohanian, Venus Williams, Alex Morgan, Michelle Wie West, Steven Cohen, Marc Lasry, Stephen Curry, Blitzer, “, I've, ”, —, LIV, TGL, Collin Morikawa, Bradley Organizations: TGR Ventures, Jupiter, Golf Channel, TMRW Sports, “, SoFi, ESPN, Technology, Fenway Sports Group, New England, Keegan, Atlanta, Atlanta Falcons, Los Angeles Golf Club, New York Mets, Avenue, Fund, Golden State, —, Philadelphia 76ers, New Jersey Devils, Cleveland Guardians, Washington Commanders, Real Salt Lake, Crystal Palace FC, Premier League, Ryder, Saudi, LIV Golf Locations: Palm Beach Gardens , Florida, Los Angeles, Boston, Serena, New York, San Francisco, Golden, American, Real Salt, LIV .

NEW YORK (AP) — Two-way star Shohei Ohtani was among seven players who received $20,325,000 qualifying offers from their former teams Monday as the free agent market opened for 168 players. In a sign of the relative weakness of the free agent class, half as many players received qualifying offers as last year. Qualifying offers began after the 2012 season, and 10 of 124 offers have been accepted. The Braves declined options on outfielder Eddie Rosario ($9 million) and right-handers Collin McHugh ($6 million) and Kirby Yates ($5.75 million). Miami declined options on right-handers Johnny Cueto ($10.5 million) and Matt Barnes ($9 million).

Persons: Shohei Ohtani, Cody Bellinger, Josh Hader, Blake Snell, Aaron Nola, Sonny Gray, Matt Chapman, Eduardo Rodriguez, Jordan Montgomery, Snell, Gray, Yoshinobu Yamamoto, Milwaukee's Colin Rea, Charlie Morton, Eddie Rosario, Collin McHugh, Kirby Yates, Rosario, Yates, Mark Canha’s, Blake Holub, Michael Wacha, Johnny Cueto, Matt Barnes, Cueto, Barnes, Alex Cobb, Brooks Raley, Blake Treinen, Javier Báez, Michael Conforto, Ross Stripling, Josh Bell, Drew Smyly, Báez, Conforto, Bell, Stripling, Adam Ottavino, ___ Organizations: Los Angeles Angels, Chicago Cubs, Qualifying, Braves, Milwaukee Brewers, San, Miami, Mets, Los Angeles Dodgers, Tigers, Giants, Cubs, Detroit, Cleveland, Marlins Locations: San Diego, Philadelphia, Minnesota, Toronto, Nola, Atlanta, Detroit, Blake Holub . Milwaukee, San Francisco, Miami

Kendrell Lyles, 37, entered a guilty plea to murder just before jury selection was set to begin in his trial in the death of 22-year-old Muhlaysia Booker. Authorities haven’t publicly revealed a motive for her killing but have said it was unrelated to the earlier assault. Political Cartoons View All 1234 ImagesHere's what to know about Booker's killing:WHAT HAVE POLICE SAID? Booker's body was found the morning of May 18, 2019, on a Dallas street. Eventually, a group of women carried Booker's limp body to safety, and she was hospitalized with her injuries.

Persons: Kendrell Lyles, Booker, haven’t, Lyles, Richard Franklin, “, ” Franklin, Edward Thomas, BOOKER, Naomi Green, Green, ” Green, ” Booker, ”, Ahmad Goree, Muhlaysia Booker, Tori Cooper, ” Cooper, Leticia Grant, Kenneth Cichocki, Franklin Organizations: DALLAS, Dallas, U.S, Police, HOW, WHO, Abounding Prosperity, Muhlaysia, Muhlaysia Booker Foundation, Rights, Transgender Justice Initiative, Authorities Locations: Texas, Dallas, Black, Collin County

☆ Tiger Woods and US sporting royalty set to tee off high-tech indoor golf league
▼ + stars: | 2023-11-01 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

Staged in partnership with the PGA Tour, the televised indoor golf league – the TGL – is the brainchild of TMRW Sports, a company co-founded by Woods and Rory McIlroy, and will feature 15 of the world’s current top 20-ranked men’s players. Here’s everything you need to know about the competition before it tees off on January 9. Meanwhile TGL New York is led by New York Mets owner Steven A. Cohen and his family office, Cohen Private Ventures. How to watchThe first two-hour match will air on ESPN and ESPN+ from 9 p.m. ET (1 a.m. GMT) on Tuesday January 9, with the second match aired a week later at 7 p.m.

Persons: Woods, Steph Curry, Williams, Rory McIlroy, TGL, ” Woods, “, –, TGL Who’s, Justin Thomas, Arhthur, Blank, McIlroy, Jon Rahm, Patrick Cantlay, Xander Schauffele, Matt Fitzpatrick, Max Homa, Wyndham Clark, Scottie Scheffler, Viktor Hovland, Brian Harman, Richard Heathcote, Tom Kim, Tyrrell Hatton, Tommy Fleetwood, Cam Young, Keegan Bradley, Collin Morikawa, Rickie Fowler, Thomas, Sahith Theegala, Lucas Glover, Shane Lowry, Justin Rose, Adam Scott, Min Woo Lee, Billy Horschel, Kevin Kisner, Serena, Venus Williams, Alexis Ohanian, Giannis Antetokounmpo, Alex Morgan, Michelle Wie, Marc Lasry’s, Curry, Andre Iguodala, Klay Thompson, Steven A, Cohen Organizations: CNN, PGA Tour, TMRW Sports, NBA, NFL, Premier League, Palm Beach State College, Atlanta, GC, The Home Depot, MLS, Atlanta Falcons, Atlanta United, TGL, ESPN, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, NASCAR’s RFK Racing, English Premier League football club Liverpool . Los, Reddit, National Women’s Soccer League, Angel City FC, Women’s National, Sports Fund, Golden State Warriors, New York Mets, Private Ventures, ABC Locations: Florida, American, Palm, LAGC, TGL New York

☆ Exxon, Chevron Profits Surged Ahead of Megadeals
▼ + stars: | 2023-10-27 | by ( Collin Eaton | ) www.wsj.com time to read: 1 min

A Chevron refinery in Point Richmond, Calif. Executives at Chevron and Exxon must now turn to proving the value of their recent megadeals. Photo: Eric Risberg/Associated PressOn the heels of competing megadeals, Exxon Mobil and Chevron reported a combined $15.6 billion profits Friday, as oil and fuel prices climbed in the third quarter. Exxon’s quarterly earnings of $9.1 billion were less than half of last year’s quarterly record but rose 15% from the previous quarter. Margins for making fuel widened and the company’s oil refineries produced more than any third quarter since 1999.

Persons: Eric Risberg Organizations: Chevron, Exxon, Exxon Mobil Locations: Point Richmond, Calif

☆ Harrison Barnes leads Kings to easy win at Utah
▼ + stars: | 2023-10-26 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/51] Oct 25, 2023; Salt Lake City, Utah, USA; Sacramento Kings center JaVale McGee (00) before the game against the Utah Jazz at Delta Center. Mandatory Credit: Chris Nicoll-USA TODAY Sports Acquire Licensing RightsOctober 26 - Harrison Barnes scored 33 points and boosted the Sacramento Kings to a 130-114 win over the Utah Jazz in the season opener for both teams Wednesday night in Salt Lake City. Domantas Sabonis added 22 points, 12 rebounds and five assists, while De'Aaron Fox contributed 18 points, five rebounds and six assists in the Kings' lopsided victory. Barnes fired in 27 points in the first half to help the Kings burst ahead 72-58 at the break. Barnes kept his hot hand in the second quarter, scoring 14 points to lift the Kings to the commanding halftime lead.

Persons: JaVale McGee, Chris Nicoll, Harrison Barnes, Sabonis, De'Aaron Fox, Keegan Murray, Barnes, Jordan Clarkson, Lauri Markkanen, John Collins, Keyonte George, Kelly Olynyk, Collin Sexton, Sasha Vezenkov, Clarkson Organizations: Sacramento Kings, Utah Jazz, Delta Center, USA, Jazz, Baylor, NBA, Sacramento, Kings, Clarkson, Sabonis, Thomson Locations: Salt Lake City , Utah, USA, Sacramento, Salt Lake City, Kings, Utah

☆ China chases US and Russia guided-missile submarine capabilities with new vessels
▼ + stars: | 2023-10-25 | by ( Greg Torode | ) www.reuters.com time to read: +4 min

The Pentagon report, published Oct. 20, marks the first apparent confirmation that modified submarines seen in Chinese shipyards over the last 18 months are Type 093B guided missile submarines. The confirmation comes amid an intensifying submarine arms race as China constructs a new generation of nuclear-armed boats as part of its evolving deterrent force. Singapore-based security scholar Collin Koh said the SSGNs were an important new capability for the Chinese navy. Naval War College in May noted that the PLA was close to breakthroughs in making its nuclear-powered submarines far quieter and more difficult for the U.S. and its allies to track. "But we know the submarine force is a priority for Xi Jinping, and this is one more sign they are getting there."

Persons: Jason Lee, Collin Koh, Koh, Xi Jinping, Greg Torode, Gerry Doyle Organizations: Liberation Army Navy, REUTERS, Pentagon, Reuters, U.S . Navy, Cruise, Libyan, PLA, Rajaratnam, of International Studies . Research, U.S . Naval, College, U.S, Thomson Locations: Qingdao, China, HONG KONG, U.S, Huludao, Soviet Union, Florida, Singapore, Asian

☆ Chevron to Buy Hess for $53 Billion
▼ + stars: | 2023-10-23 | by ( Collin Eaton | Peter Stiff | ) www.wsj.com time to read: 1 min

Chevron also said that it would boost returns to shareholders. Photo: Philip Gostelow/Bloomberg NewsChevron said it would buy Hess in an all-stock deal worth $53 billion, the second major oil tie-up this month following Exxon Mobil ’s deal to buy Pioneer Natural Resources . The U.S. energy company said buying Hess would upgrade and diversify its portfolio, marking Chevron’s entrance into an Exxon-led partnership overseeing a generational oil find in Guyana, while picking up additional U.S. shale assets largely in North Dakota. Chevron also highlighted the attraction of Hess’s assets in the Gulf of Mexico and its natural-gas business in Southeast Asia.

Persons: Philip Gostelow, Hess Organizations: Chevron, Bloomberg, Exxon Mobil ’, Natural Resources, Exxon Locations: U.S, Guyana, North Dakota, Chevron, Gulf of Mexico, Southeast Asia

INZAI CITY, Japan (AP) — Winning the Zozo Championship in Japan was special for American Collin Morikawa, whose great grandparents emigrated from the country. But more important was a victory — anywhere — after a 27-month winless streak on the PGA Tour as people began to ask questions about his game. Morikawa started two shots behind 54-hole leader Justin Suh, who faded badly looking for his first PGA Tour win. Fellow American Justin Suh had a one-stroke lead after 54 holes, looking to claim his first PGA Tour win. A former college star like Morikawa, Suh slumpled on the final 18 and shot 74.

Persons: Collin Morikawa, ” Morikawa, “, ”, Katherine Zhu, Beau Hossler, Eric Cole, Morikawa, Justin Suh, he's, Suh slumpled, Rickie Fowler, Xander Schauffele, ___ Organizations: CITY, PGA Tour, Country, PGA, Tokyo, Ryder Locations: Japan, Tokyo, American, Italy

☆ Netflix to launch first ever live sports event with ‘Netflix Cup’ golf tournament
▼ + stars: | 2023-10-18 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

CNN —Drivers, equip your drivers – Netflix’s debut live sporting event is pitting the stars of the grid against the stars of the greens. Teeing off on November 14, “The Netflix Cup” will see four Formula One drivers and four PGA Tour players compete in a golf tournament streamed live from Wynn Golf Club near the Las Vegas strip. And Sainz is no stranger to competitive golf, having taken part in the celebrity All-Star event prior to the Ryder Cup in Rome, Italy, earlier this month. Brendan Moran/Sportsfile/Getty ImagesMcIlroy, Kelce, Joshua invest in AlpineThe reveal of the Netflix Cup coincided with the announcement that several high-profile athletes – including golfer Rory McIlroy – are set to invest in Alpine’s F1 team. Having been to Formula 1 races as a fan, I love the high-pressure environment of the paddock and I’ve seen firsthand how incredibly impressive the Alpine team is,” Liverpool and England star Alexander-Arnold said.

Persons: Rickie Fowler, Max Homa, Collin Morikawa, Justin Thomas, Ferrari’s Carlos Sainz, McLaren’s Lando Norris, Williams, Alex Albon, Pierre Gasly, ” Gabe Spitzer, Brooks, Bryson DeChambeau, Sainz, Novak Djokovic, Fowler, Thomas, Brendan Moran, Sportsfile, McIlroy, Kelce, Joshua, Rory McIlroy –, Northern Ireland’s McIlroy, Patrick Mahomes, Travis Kelce, Anthony Joshua, Trent, Alexander Arnold, Juan Mata, Roger Ehrenberg, ” McIlroy, Guglielmo Mangiapane, Reuters Kelce, Patrick, “, ”, Tyler, Alexander, Arnold, Ryan Reynolds, Rob McElhenney, Gasly, Esteban Ocon – Organizations: CNN — Drivers, Netflix, Wynn Golf, Las Vegas, Sports, Wynn, Ryder, Team USA, Alpine’s, Private, Otro Capital, Renault Group, Northern, Kansas City Chiefs, Capital, MLB’s Miami Marlins, MLS, Otro, Reuters, Alpine, England, Wrexham AFC’s Hollywood Locations: Vegas, Rome, Italy, Homa, Morikawa, Europe, Salt, Portuguese, Liverpool

☆ Priced for earnings recession, European equities could weather storm
▼ + stars: | 2023-10-17 | by ( Joice Alves | ) www.reuters.com time to read: +5 min

After a long period of scepticism towards European equities, some investors and analysts are finding cause for optimism. European companies are expected to enter their first earnings recession - two consecutive quarters of falling earnings - since 2020. But European stocks are better priced for a recession than their U.S. counterparts, said Matthew McLennan, co-head of First Eagle’s Global Value team. First Eagle's McLennan said the weaker euro in part supported the outlook for European equities. "There's some possibility that European equities, by both their valuation and their currency valuation, could do better than U.S. equities over a period of time".

Persons: Jefferies, Mohit Kumar, LSEG, Matthew McLennan, Goldman Sachs, Oliver Collin, Europe's, Collin, LVMH, Ayesha Akbar, Eagle's McLennan, Joice Alves, Mark Potter Organizations: Silicon Valley Bank, Credit Suisse, Deutsche Bank, U.S, drugmaker Novo Nordisk, Fidelity, Thomson Locations: Frankfurt, Silicon, Germany, U.S

As the death toll rises in the Israel-Hamas war, they have become seats of anguish. On many campuses, these students agree on one thing: Their colleges, which are increasingly staking out positions of neutrality, have not done enough to support them. College officials, already under pressure to allow conservative opinions on campus, have been trying to preserve free speech and open debate. Some students were angry that a statement from the university president did not go far enough to acknowledge Palestinian deaths. “It shouldn’t be hard to support Palestinian rights and dignity ... while still condemning what Hamas did to Israeli civilians,” Spitalnick said.

Persons: ”, Alex Morey, ” Morey, —, Stanford, Richard Saller, Jenny Martinez, Martinez, we’re, Nadia Ali, Ashkenazie, Zareena Grewal, Grewal, “, ” Eytan, they’ve, Israel, Hussam Ayloush, Ayloush, Israel “, “ Harvard’s, Lawrence Summers, ” Summers, Claudine Gay, ” Harvard Hillel, Amy Spitalnick, ” Spitalnick, Chris Megerian, Collin Binkley Organizations: Jewish, College, Foundation, Rights, Stanford University, ”, Columbia University, Israel, Palestinian, Hamas, Yale University, “, Yale, Islamic, Harvard University, Palestine Solidarity Committee, Media, Harvard, Twitter, university’s Hillel, Jewish Council, Public Affairs, Hillel, Tufts University, Associated Press, Carnegie Corporation of New, AP Locations: Israel, Gaza, California, Manhattan, ” Eytan Israel, Palestine, U.S, Washington, Carnegie Corporation of New York

☆ Exxon to Buy Pioneer in $60 Billion Deal to Create Shale Giant
▼ + stars: | 2023-10-11 | by ( Collin Eaton | Benoît Morenne | ) www.wsj.com time to read: 1 min

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/business/energy-oil/exxon-buys-pioneer-in-60-billion-deal-to-create-shale-giant-207c168b

Persons: Dow Jones Organizations: exxon

So the Georgia Republican has voted against providing military aid to Ukraine as he advocates for doing more to arm Taiwan, the self-governed island that’s at risk of military aggression from Beijing. For Collins and other Republican lawmakers, Taiwan and Ukraine are effectively rivals for a limited pool of U.S. military assistance. They view Taiwan’s fate as closely linked to that of Ukraine as it struggles to push back a Russian invasion. The U.S. aid to Ukraine also has led to weapons manufacturers stepping up production — something that could benefit Taiwan in a clash with China. Ukraine’s success is Taiwan’s success,” Taiwan’s diplomat in the U.S., Hsiao Bi-Khim, said in May at the Sedona Forum hosted by the McCain Institute.

Persons: Mike Collins, Collins, that’s, ”, Hsiao, Bonnie Glaser, “, Joe Biden, Xi Jinping, ” Collins, Biden, ” Collin, “ Bradley Bowman, It's, Bowman, Michael McCaul, McCaul, Glaser, Hu Xijin Organizations: WASHINGTON, —, Georgia Republican, Sedona, McCain Institute, Ukraine, Cultural, Associated Press, German Marshall Fund, Taiwan, United, Center of Military, Foundation for Defense of Democracies, Texas Republican, House Foreign Affairs, Taiwan’s, Communist Party, Global Times Locations: China, United States, Russia, Georgia, Ukraine, Taiwan, Beijing, U.S, Taiwan Strait, Taipei, Texas, “, Washington

☆ Inside Asia's arms race: China near 'breakthroughs' with nuclear-armed submarines, report says
▼ + stars: | 2023-10-09 | by ( Greg Torode | ) www.reuters.com time to read: +7 min

But the Type 094s, which carry China's most advanced submarine-launched JL-3 missile, are considered relatively noisy - a major handicap for military submarines. The paper notes that the Type 096 submarine will compare to state-of-the-art Russian submarines in terms of stealth, sensors and weapons. That puts construction on schedule to have the boats operational by 2030, the timeline stated in the Pentagon's annual reports on China's military. Even if China's submarine force reaches technological parity, it will need to train aggressively and intensively over the next decade to match AUKUS capabilities, he added. Vasily Kashin, a Moscow-based Chinese military scholar at HSE University, said it was possible Chinese engineers had made the breakthroughs described in the report.

Persons: Jason Lee, Christopher Carlson, Carlson, Collin Koh, Koh, Alexander Neill, Neill, Vasily Kashin, Kashin, Greg Torode, Guy Faulconbridge, Gerry Doyle Organizations: Liberation Army Navy, REUTERS, Research, U.S . Naval War College, China Maritime Studies, U.S . Navy, Pentagon, U.S, People's Liberation Army, PLA, Reuters, Rajaratnam, of International Studies, New Zealand, Hawaii's, HSE University, Thomson Locations: Qingdao, China, HONG KONG, Russian, Asia, Hainan, South China, United States, Britain, Russia, France, Singapore, Soviet, Australia, Southeast Asia, Japan, India, South Korea, New, U.S, British, Western Australia, Moscow, Soviet Union, Beijing

☆ The Oil Patch Is Primed for an Era of Megadeals
▼ + stars: | 2023-10-07 | by ( Collin Eaton | Benoît Morenne | ) www.wsj.com time to read: 1 min

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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/business/deals/exxon-mobil-closing-in-on-megadeal-with-shale-driller-pioneer-31b4092e

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