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☆ Big tech companies are starting to behave like old school tech companies, analyst says
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig tech companies are starting to behave like old school tech companies, analyst saysBob O'Donnell, president and chief analyst at Technalysis Research, says "they're doing dividends, they're talking about the size of their market."

Persons: Bob O'Donnell Organizations: Technalysis Research

ABC and NBC's streaming services carried a part of Trump live, then left and corrected some of what Trump said. Live coverage of events is the go-to move for cable networks, which thrive on a sense of urgency. “Saturday Night Live” opened its show last week with a spoof of one of those news conferences. Fox News' Sean Hannity and Jesse Watters both did segments on rivals' decisions not to show Trump's Iowa speech in full. On MSNBC Wednesday, Trump's speech received far more attention on “Morning Joe” than it had the night before.

Persons: Donald Trump, —, Trump, Rachel Maddow, Maddow, “ We'll, ” Maddow, Nancy Pelosi, Jake Tapper, Vivek Ramaswamy, Drew “ Bundini ” Brown, Muhammad Ali, “, we've, Linsey Davis, ”, Mary Hager, Jonathan Klein, “ I'm, ” Klein, Klein, Sean Hannity, Jesse Watters, Watters, Kayleigh McEnany, Hannity, Joe ”, Vaughn Hillyard, Lawrence O'Donnell, ” ___ David Bauder Organizations: CNN, MSNBC, Fox News Channel, Trump, ABC, GOP, CBS News, AS, Network, Fox News, “ Media, White House, Fox, NBC, Associated Press Locations: Hampshire, Iowa, New Hampshire

☆ Review: In ‘Aristocrats,’ an Irish Dynasty Confronts Reality
▼ + stars: | 2024-01-24 | by ( Laura Collins-Hughes | ) www.nytimes.com time to read: +1 min

On a summer lawn outside Ballybeg Hall, the O’Donnell siblings loll under lemony sunlight perfect for a family reunion. A wedding has lured back two of the émigrés among them, but Claire, the bride-to-be, has always lived at home. A widower with young children he wants her to raise, he has promised her a car for Christmas, and days full of nothing to do. None of which matches the dreams she once had of channeling her musical talent into a performing career. “He’s buying a piano so that I can teach the children to play,” Claire says, the flatness of her voice the barest camouflage for her anguish.

Persons: Claire, “, ” Claire, Brian Friel’s, ” Organizations: Irish Locations: Ballybeg, County Donegal

ORLANDO, Fla. (AP) — Disney this week requested a second delay in a state court case involving its legal battle with Gov. Ron DeSantis' appointees over who controls Walt Disney World's governing district, as the company accused them and the governor's office of stonewalling requests for documents that are part of the litigation. Political Cartoons View All 253 ImagesDisney, DeSantis and the district have taken their fight over who controls the district to state and federal courts. The district said in court papers that it had provided the appropriate documents. Earlier this month the Republican Party of Florida ousted Christian Ziegler as chairman of the state party.

Persons: Ron DeSantis, Walt, DeSantis, ” Erin O'Donnell, Disney, hasn't, hadn't, Nick Meros, Bridget Ziegler, Christian Ziegler, “ It’s, ” O'Donnell, Mike Schneider Organizations: Disney, Gov, Walt Disney, GOP, Florida Legislature, Central, Liberty, Republican Party of Florida Locations: ORLANDO, Fla, Florida, Central Florida, Sarasota

While waiting for Congress to pass a budget and potentially approve more money for Ukraine’s fight, the U.S. will be looking to allies to keep bridging the gap. Tuesday's meeting will focus on longer-term needs, deputy Pentagon press secretary Sabrina Singh told reporters Monday. “Even though we aren’t able to provide our security assistance right now, our partners are continuing to do that,” Singh said. The U.S. has provided Ukraine more than $44.2 billion in security assistance since Russia invaded in February 2022. An additional $1.7 billion has been provided by the U.S. State Department in the form of foreign military financing.

Persons: Lloyd Austin, Ukraine’s, Sabrina Singh, ” Singh, Austin, Marty O’Donnell Organizations: WASHINGTON, Pentagon, Ukraine, White House, U.S, United Nations, Kyiv, U.S . State Department, U.S . Army, United Locations: Ukraine, United States, Russia, U.S, Israel, Mexico, U.S . Army Europe, Africa, Germany

☆ A Ukrainian floating drone that is devastating Russia's Black Sea fleet can now fire missiles
▼ + stars: | 2024-01-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Ukraine has used sea drones to attack Russia's Black Sea fleet. Ukraine has had to improvise to offset Russia's naval superiority. AdvertisementUkraine claims it has fitted the floating drones it is using to devastate Russia's Black Sea fleet with missile launchers, making them even more deadly. Ukraine's intelligence service, the SBU, in early January released grainy video footage which it claimed showed its "Sea Baby" drones firing missiles at Russian vessels. One of its most striking successes in 2023 has been inflicting a series of devastating attacks on Russia's Black Sea fleet, despite its navy being a fraction of the size of Russia's.

Persons: Russia's, It's, —, it's, Nicholas Johnson, Wes O'Donnell, Johnson, Vasyl Maliuk Organizations: Service, Ukrainska Pravda, Business, RAND Corporation, BBC, CNN, BI Locations: Ukraine, Russia's, Sevastopol, Crimea, Kerch, Russian, Russia

"It is hard to understand how the ECB ended up buying the bonds of property companies, while at the same time warning of the risks of property price inflation," former ECB chief economist Otmar Issing told Reuters. But data this week shows the central bank still owned the two bonds issued by SBB as of Nov. 24. While Sweden is not in the euro zone, SBB issued the debt bought by the ECB in neighbouring Finland, which is. Alongside the SBB bonds, the ECB also hoovered up the debt of other property companies which have since hit problems, including Sweden's Heimstaden. The ECB also gobbled up many German real estate bonds, including 39 issued by Vonovia, which has been selling property to cut debt.

Persons: Otmar Issing, Daniel Gros, Gros, Sweden's, Heimstaden, it's, Alexander Smith Organizations: SBB, European Central Bank, ECB, Reuters, Research, Institute, European, Bocconi University, Fitch, Vonovia, Thomson Locations: FRANKFURT, Europe, Germany, Sweden, Milan, Swedish, Finland

A view of the sign of Signa Holding on their headquarters in Vienna, Austria, November 6, 2023. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsVIENNA/FRANKFURT, Nov 29 (Reuters) - Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, the biggest casualty so far of Europe's property crash. Signa blamed its problems on external factors affecting its property business and pressure on high-street shopping. Fuelled by low interest rates, billions were funneled into property, which was viewed as stable and safe. Weakness in commercial real estate in the United States as offices remain empty after the pandemic and the struggles of major property developers in China have focused global attention on the sector.

Persons: Leonhard Foeger, Rene Benko, Signa, Switzerland's Julius Baer, Hannes Moesenbacher, Matthias Inverardi, Rachel More, Madeline Chambers, Catherine Evans Organizations: Signa, REUTERS, Rights, Chrysler, Austria's Raiffeisen Bank, Thomson Locations: Vienna, Austria, FRANKFURT, Germany, Switzerland, Hamburg, Bavaria, Hesse, Europe's, United States, China

View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. On Friday, Signa Real Estate Management filed for insolvency in a local court in Berlin, according to a court filing. The real estate sector was a bedrock of Germany's economy for years, accounting for roughly a fifth of output and one in 10 jobs. Now a sharp rise in rates has put an end to the run, tipping some developers into insolvency as deals freeze and prices fall. Weakness in commercial real estate in the United States as offices remain empty after the pandemic and the struggles of major property developers in China have focused global attention on the sector.

Persons: Rene Benko’s Signa, Fabian Bimmer, Signa, Elliott, Rene Benko, Switzerland's Julius Baer, Hannes Moesenbacher, Matthias Inverardi, John O'Donnell, Miranda Murray, Sharon Singleton, Mark Potter Organizations: REUTERS, Rights, Elliott Investment Management, Chrysler, Estate Management, Austria's Raiffeisen Bank, Thomson Locations: Hamburg Germany, Austrian, Germany, Austria, Switzerland, Sweden, Berlin, Bavaria, Hesse, Hamburg, Europe's, United States, China

☆ Signa unit files for insolvency as crisis at Benko's empire deepens -Spiegel
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +1 min

FRANKFURT, Nov 24 (Reuters) - Signa Real Estate Management Germany filed an official application for bankruptcy at the Berlin Charlottenburg district court, German magazine Spiegel reported on Friday, as the crisis at Rene Benko's property group deepens. Separately, Austrian newspaper Der Standard said a bankruptcy filing for Signa Group could come next Tuesday, citing a source. Meetings of Signa employees are planned for the same day, when employees will be given information about the insolvency and further steps, the paper reported. Signa Group declined to comment when contacted by Reuters. The Signa group has holdings of 27 billion euros ($28.8 billion) and 25 billion euros in development.

Persons: Spiegel, Rene Benko's, Benko, Signa, Emma, Victoria Farr, Matthias Inverardi, John O'Donnell, Elisa Martinuzzi, Louise Heavens Organizations: Estate Management, Signa, Reuters, Thomson Locations: FRANKFURT, Estate Management Germany, Berlin Charlottenburg, Austria, Germany, Europe's

Now governor, Parson also has become the face of mercy by pardoning more than 600 people in the past three years, more than any Missouri governor since the 1940s. In Missouri, clemency requests are first screened by the Board of Probation and Parole, which makes confidential recommendations to the governor. In Wisconsin, Evers has granted 1,111 pardons since taking office in 2019, surpassing the record of 943 set by Republican Gov. Scott Walker, had disbanded the pardons board and issued no pardons during his eight years in office. “For Governor Parson to look at me and to recognize that rehabilitation is real and not just stuff that somebody says, based your actions and not on your words, was huge," Galloway said.

Persons: Kenny Batson, Batson, Mike Parson, Parson, pardoning, they’ve, ” Parson, you’ve, Tony Evers, Joe Biden, commutations, ” Batson, Eric Greitens, Jay Nixon, Parson's, Forrest Donnell, Evers, Julius Heil, Scott Walker, Margaret Love, ”, Patricia McCloskey, Louis, Mark McCloskey, Pete Underdal, Dave Galloway, Galloway Organizations: Associated Press, Republican, Wisconsin Gov, Democrat, Probation, GOP Gov, Democratic Gov, Republican Gov, U.S . Justice Department, “ Locations: Missouri, Wisconsin, Minnesota, In Missouri, In Wisconsin, St, Polk County, Galloway's

☆ Small business owners gear up for the biggest shopping weekend of the holiday season
▼ + stars: | 2023-11-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

According to a new American Express survey of small business owners, “55% anticipate Small Business Saturday will make a significant contribution to their overall holiday sales this year.” In a consumer survey conducted by the company in October, half of respondents said they plan to participate in the upcoming Small Business Saturday, and 85% said they anticipated shopping small this holiday season. Over the past 13 years, the company says consumers have reported spending nearly $184 billion during Small Business Saturday. American Express estimated that Small Business Saturday drove nearly $18 billion in consumer spending last year. Donnell Johns, who runs Veterans Growing America, an organization that supports veteran- and military-spouse-owned small businesses, said that Small Business Saturday is valuable because it creates an awareness for shopping small. For Ken Moorman, founder of Jirani Coffeehouse in Manassas, Virginia, Small Business Saturday means an average 10% uptick in sales than a typical Saturday.

Persons: Donnell Johns, We’ve, ”, Ken Moorman, “, Covid, ” Moorman, it’s, ” Elizabeth Rutledge, Isabel Casillas Guzman, “ The, Harris, Bidenomics, Biden Organizations: New, New York CNN, Amazon, Walmart, American Express, ”, Small, Express, Business Administration, American Express ’, SBA, “ The Biden, Harris Administration, American, Pacific Islanders Locations: New York, Manassas , Virginia, ”

☆ ECB says property slump could last years in threat to lenders
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +4 min

An ECB report which examines threats to financial stability underscored heightened concern over a property boom that is now unravelling in countries such as Germany and Sweden. Commercial property prices have been hit by economic weakness and high interest rates over the last year, challenging the sector's profitability and business model, the ECB said. The sector is not big enough to create a systemic risk for lenders, but could increase shocks across the financial system and greatly impact the financial firms, from investment funds to insurance firms, collectively known as shadow banks. The ECB issued its report as deep cracks emerged in the property market of the euro zone's top economy, Germany. Commercial real estate transactions were down 47% in the first half of 2023, compared with the same period in 2022.

Persons: René Benko, Banks, Balazs Koranyi, John O'Donnell, Barbara Lewis, Alexander Smith Organizations: European Central Bank, ECB, Signa, Chrysler, Signa Group, Reuters, Raiffeisen Bank, Bank, Thomson Locations: FRANKFURT, Germany, Sweden, Austrian, Hamburg, Austria, Bank Austria

☆ Too nice? That's the New Zealand way, says Mitchell
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

Former Australia all-rounder Simon O'Donnell slammed the Black Caps for their lack of competitive instinct but Mitchell, who scored a 119-ball 134 in New Zealand's response, said the approach would not change. "I think that's something we really pride ourselves on as Black Caps and as New Zealanders. "It's something that we're really proud of, so we'll just keep being Black Caps and doing what we're doing." New Zealand next travel to Bangladesh for a two-test series starting on Nov. 28 and Mitchell said the disappointment of their semi-final exit at the World Cup would not have any impact on their performance. "(After) the T20 World Cup final we played a couple of years ago, we had a T20 in India about 48 hours after that so we're used to it.

Persons: Daryl Mitchell, India's Virat Kohli, Kohli, Simon O'Donnell, Mitchell, we're, We'll, Nick Mulvenney, Simon Cameron, Moore Organizations: Black Caps, Former, Caps, Black, Mumbai, Thomson Locations: MUMBAI, New, Former Australia, New Zealanders, Zealand, Bangladesh, India, Sydney

☆ UBS CEO says mergers can help strengthen Europe's banks
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: 1 min

FRANKFURT, Nov 15 (Reuters) - UBS CEO Sergio Ermotti said Europe needs stronger banks and that this could be achieved through mergers. "It’s crystal clear that Europe needs to have stronger banks and the way to achieve that is only possible allowing consolidation in the industry," said Ermotti. Reporting By Stefania Spezatti; editing by John O'DonnellOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Ermotti, Stefania Spezatti, John O'Donnell Organizations: UBS, Thomson Locations: FRANKFURT, Europe

☆ Mike Johnson endorses Trump just after the NYT unearths his old Facebook posts questioning whether Trump was too dangerous to be president: 'I just don't think he has the demeanor'
▼ + stars: | 2023-11-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

But the new House speaker previously criticized Trump during the 2016 GOP primaries. At the time, Johnson said Trump "lacks the character and the moral center" to be president. Johnson endorsed Trump Tuesday morning, saying he was "one of the closest allies Trump had in Congress." I'm all in for President Trump. "During his 2016 campaign, President Trump quickly won me and millions of my fellow Republicans over," Johnson said in a statement to The Times.

Persons: Mike Johnson, Trump, Johnson, —, Donald Trump, Trump's, bashed, Megyn Kelly, Rosie O'Donnell, Jack, Reagan, Joe Biden's Organizations: Service, Facebook, The New York Times, Trump, CNBC, GOP, Republican National Convention, The Times, Times, Fox News, Capitol Locations: Washington, Louisiana, New York, Adams, Jefferson, Lincoln

The logo of Swiss Financial Market Supervisory Authority FINMA is seen outside their headquarters in Bern, Switzerland April 5, 2016. We want reform so that we don't end up in the same mess again as we had with Credit Suisse." Earlier this year, Switzerland's financial regulator deflected blame for the collapse of the country's second-biggest bank saying it had been quick to respond, calling instead for more powers to take lenders to task. The regulator, however, has enjoyed little support among Swiss politicians, many of whom long sought to keep it weak. In the run up to the collapse of Credit Suisse, FINMA saw a string of key departures.

Persons: Ruben Sprich, Eva Herzog, Herzog, FINMA, Noele Illien, Sharon Singleton Organizations: Swiss Financial Market, Authority, REUTERS, UBS Group, Credit Suisse, Swiss, UBS, International Monetary Fund, Thomson Locations: Bern, Switzerland, Europe, Swiss

☆ Zac Efron says it would be ‘extraordinary’ to play Matthew Perry in biopic as the ‘Friends’ star wanted
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Amarachi Orie | ) edition.cnn.com time to read: +2 min

CNN —Zac Efron has shared his response to finding out that Matthew Perry wanted the “High School Musical” actor to play him in a biopic. “I was hugely honored,” Efron told Extra TV during the premiere for his upcoming movie “The Iron Claw” in Dallas on Wednesday. Zac Efron played the younger version of Matthew Perry's character in the 2009 comedy film "17 Again." Perry revealed last year that Efron had, however, once turned down an opportunity to play a younger version of him. He added that the dream younger version of himself “was Zac Efron, but he said no.

Persons: CNN — Zac Efron, Matthew Perry, “, ” Efron, I’m, ”, Zac Efron, Matthew Perry's, Athenna Crosby, Perry, Efron “, ” Crosby, Efron, Perry costarred, Mike O’Donnell, Jessica Shaw, ” Perry, we’ve Organizations: CNN, Bel, Entertainment Locations: Dallas

☆ How Arm is gaining chip dominance with its architecture in Apple, Nvidia, AMD, Amazon, Qualcomm and more
▼ + stars: | 2023-11-09 | by ( Katie Tarasov | ) www.cnbc.com time to read: +8 min

Arm's big break came in 1993, when Apple launched its early handheld Newton device on the Arm610 processor. Arm's big break came in 1993 when Apple released its handheld Newton device on the Arm610 processor. Apple moved to its own Arm-based processors in Mac computers in 2020, breaking away from the Intel x86 processors that had powered them for 15 years. Qualcomm is another major customer making its latest PC processors using Arm, although that relationship is strained. This simplification is also making Arm the choice for non-chip companies like Apple, Amazon, Google and Microsoft designing their own custom silicon.

Persons: Haas, Richard Grisenthwaite, I've, Grisenthwaite, Japan's SoftBank, Grace Hopper Superchip, Grace Hopper, they're, Cash, SoftBank, Softbank, Rene Haas, CNBC's Katie Tarasov, Katie Brigham Arm, It's, Daniel Newman, Newman, O'Donnell, Apple, Nuvia, Arm's Grisenthwaite, They've, " O'Donnell, Max Thurlow Organizations: Apple, Acorn Computers, Texas, Nokia, Nvidia, Google, Samsung, Qualcomm, Futurum, Intel, Amazon, AMD, Cruise, Microsoft, Arm Holdings Locations: Cambridge, NXP, U.S, Arizona , California, North Carolina, Texas, Norway, Sweden, France, India, San Jose , California, IoT, England, China

☆ Russia's VTB in Europe changes name as it liquidates
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

The logo of VTB bank is seen on the bank's headquarters in Tehran, Iran, May 23, 2023. Before Russia invaded Ukraine, VTB in Europe attracted tens of thousands of German savers with its relatively high interest rates and marketed itself as a sponsor of Frankfurt's ice hockey team, the Lions. But after the war began, savers withdrew their money, resulting in a bank run and prompting regulators to manage the outflow. VTB in Russia did not immediately respond to requests for comment. The Direktbank division that served retail savers has closed with its last customer - who used VTB for a deposit for a garden shed.

Persons: Majid Asgaripour, Russia's, Frank Hellwig, VTB, Hellwig, Miro Zadro, Tom Sims, John O'Donnell, Alexander Marrow, Barbara Lewis Organizations: West Asia News Agency, REUTERS, Rights, Reuters, Lions, savers, Thomson Locations: Tehran, Iran, Frankfurt, Europe, Russia, Ukraine, VTB, Ost, West

☆ UBS dragged into the red with Credit Suisse takeover
▼ + stars: | 2023-11-07 | by ( Noele Illien | ) www.reuters.com time to read: +3 min

ZURICH, Nov 7 (Reuters) - UBS Group (UBSG.S) posted a $785 million loss in the third quarter after expenses tied to the Swiss bank's takeover of Credit Suisse while signalling that its core wealth business is stabilising. Stripping out the impact of the takeover, UBS made an underlying profit of $844 million. With the takeover, UBS now oversees more than $5 trillion in assets. It has been working to recover from the exodus of client funds from Credit Suisse with above-market rates on deposits. It also continued to cut staff, which accounted for a big chunk of the more than 2 billion Swiss francs ($2.22 billion) of costs related to integration.

Persons: Sergio Ermotti, Goldman Sachs, Colm Kelleher, Noele Illien, John O'Donnell, Christopher Cushing Organizations: UBS, Credit Suisse, Goldman, Thomson Locations: ZURICH, Swiss, Switzerland, Zurich

☆ UBS dragged into the red by Credit Suisse takeover but inflows cheer
▼ + stars: | 2023-11-07 | by ( Noele Illien | ) www.reuters.com time to read: +4 min

ZURICH, Nov 7 (Reuters) - UBS Group (UBSG.S) reported a $785 million loss in the third quarter after expenses tied to the Swiss bank's takeover of Credit Suisse while signalling that its core wealth business is stabilising. "We are executing on the integration of Credit Suisse at pace and have delivered underlying profitability for the group in the first full quarter since the acquisition," said Chief Executive Sergio Ermotti. Analysts at Goldman Sachs had expected $14 billion for the group, with the Swiss bank already disclosing $8 billion for the months of July and August. It has been working to recover from the exodus of client funds from Credit Suisse with above-market rates on deposits. UBS has continued to cut staff, which accounted for a big chunk of the more than 2 billion Swiss francs ($2.22 billion) of costs related to integration.

Persons: Sergio Ermotti, Goldman Sachs, Andreas Venditti, Colm Kelleher, Noele Illien, John O'Donnell, Christopher Cushing, Tomasz Janowski Organizations: UBS, Credit Suisse, Goldman, Thomson Locations: ZURICH, Swiss, Zurich, Switzerland

☆ Peter Meijer, a Republican Who Voted to Impeach Trump, Is Running for Senate
▼ + stars: | 2023-11-06 | by ( Chris Cameron | More About Chris Cameron | ) www.nytimes.com time to read: +1 min

Peter Meijer, the one-term Republican congressman who lost his seat after voting to impeach President Donald J. Trump, has announced he is running for Senate in Michigan, jumping into a crowded primary in a key battleground. “We are in dark and uncertain times, but we have made it through worse,” Mr. Meijer said in a statement announcing his candidacy on Monday. Mr. Meijer, an heir to the Meijer supermarket empire and an Army Reserve veteran who served in Iraq, joins a field that includes Mike Rogers, another former representative who served seven terms in the House and led the House Intelligence Committee, who announced his candidacy in September. Also running in the Republican primary are James Craig, former chief of the Detroit Police Department; Nikki Snyder, a member of the State Board of Education; Dr. Sherry O’Donnell, a physician and former 2022 congressional candidate; Sharon Savage, a former teacher; Ezra Scott, a former Berrien County commissioner; Alexandria Taylor, a lawyer; J.D. Wilson, a technology consultant; and Michael Hoover, a businessman.

Persons: Peter Meijer, Donald J, Trump, ” Mr, Meijer, Mike Rogers, James Craig, Nikki Snyder, Sherry O’Donnell, Sharon Savage, Ezra Scott, Alexandria Taylor, Wilson, Michael Hoover Organizations: Senate, Army Reserve, House Intelligence, Republican, Detroit Police Department, State Board of Education Locations: Michigan, Iraq, Berrien County

The drivers have acknowledged Sunday's showdown at Phoenix Raceway lacks the hype of years past, but NASCAR pushed back as the weekend arrived. “We have a playoff system that I believe is the toughest in sports,” NASCAR President Steve Phelps said. With that will come personality. With that will come some storytelling.”He acknowledged NASCAR could do more for its young stars and said industry leaders are actively discussing increased engagement and storytelling. “I think we have a big opportunity as a sport because we have a crop of young drivers for fans to come in and embrace,” he said.

Persons: Kyle Larson, Christopher Bell, Ryan Blaney, William Byron —, Larson, Bell, Byron, Blaney's, Steve Phelps, ” Phelps, We’ve, Blaney unprompted, Dale Earnhardt Jr, Chase Elliott, Joey Logano, Kevin Harvick, Kyle Busch, Ross Chastain, Bubba Wallace, Martin Truex Jr, Denny Hamlin, Blaney, Steve O'Donnell, ” O'Donnell, “ We’re, ”, “ We’ve Organizations: NASCAR, Phoenix, “, Los Angeles Memorial Coliseum, Netflix Locations: AVONDALE, Ariz, We’re, North America

Apple shares, which have risen 37% so far this year, dropped 3.4% after-hours, following the forecast. Maestri said Apple expects to have higher iPhone sales for the fiscal first quarter, even though this year's holiday quarter has one fewer week of sales than the year-ago. Cook said the company's new high-end handset models - the iPhone 15 Pro and Pro Max devices - are facing supply constraints. Apple's sales in China fell to $15.08 billion from $15.47 billion in the fourth quarter a year ago. Cook said that after accounting for foreign-exchange rates, Apple's business in China grew year-over-year, driven by iPhone sales and services revenue.

Persons: Tim Cook, Apple, Cook, Luca Maestri, Bob O'Donnell, Davidson, Tom Forte, Aly, Max, Nabila Popal, Lionel Messi, Stephen Nellis, Yuvraj Malik, Sayantani Ghosh, Peter Henderson, Matthew Lewis, Leslie Adler Organizations: Huawei, Apple, TECHnalysis Research, Mac, REUTERS, Huawei Technologies, U.S, Reuters, Pro, Apple Watch, Thomson Locations: China, Cupertino , California, Shanghai, San Francisco, Bengaluru

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