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Mr. Biden has been planning to use the visit to show solidarity with America’s closest ally in the Middle East and to urge Israel to avoid civilian casualties. “The timing and optics of such a significant visit couldn’t be any worse,” said Charles Lister, the director of counterterrorism at the Middle East Institute. “Whatever the circumstances behind this strike at the hospital in Gaza, it doesn’t really matter at this point. They also said he believed an in-person visit could help him better understand Israel’s strategy as a ground invasion of Gaza loomed. “The failure to have an actual major strategy, I think, is the long-term biggest risk here,” Jonathan Panikoff, the director of the Scowcroft Middle East Security Initiative at the Atlantic Council’s Middle East Program, said in an interview.
Persons: Biden, , Charles Lister, we’ve, Mr, ” Jonathan Panikoff, ” John F, Kirby Organizations: Middle East Institute, Security Initiative, NBC’s Locations: Israel, Gaza, U.S
High funding needs and central banks removing support are increasing pricing uncertainty for investors, Sophia Drossos, hedge fund Point72 Asset Management's chief economist, said. Spending plans lacking credibility were seen as most likely to spark market turmoil. I suspect not by default, but when markets start reflecting their worries in Treasury prices, by a political crisis and a potentially ugly adjustment," the former IMF chief economist said. "We need more investment, not less," said King's College London professor Jonathan Portes, Britain's cabinet office chief economist during the financial crisis. Not enough reforms are being implemented, OECD chief economist Clare Lombardelli warned.
Persons: Andrew Kelly, Peter Praet, Praet, Sophia Drossos, Daniel Ivascyn, Claudio Borio, Olivier Blanchard, Ray Dalio, Janet Yellen's, Yellen, Jim Leaviss, Giancarlo Giorgetti, Daleep Singh, Joe Biden, Britain's, Yellen's, Jonathan Portes, Clare Lombardelli, Moritz Kraemer, Yoruk Bahceli, Maria Martinez, Leigh Thomas, Giuseppe Fonte, Nell Mackenzie, Naomi Rovnick, William Schomberg, Jan Strupczewski, Dan Burns, Elisa Martinuzzi, Riddhima Talwani, Jayaram, Emelia Sithole Organizations: Financial, of, REUTERS, Institute of International Finance, Reuters, European Central Bank, ECB, Bank for International, Peterson Institute for International Economics, Associates, U.S . Treasury, Wall, Economy, Britain's Treasury, Congressional, Britain's, Institution, Reuters Graphics ACT, King's College London, Labour Party, OECD, Graphics, Thomson Locations: of Manhattan , New York City, U.S, Italy, Britain, United States, Europe, Ukraine, Berlin, Paris, Rome, London, Brussels, Washington, Marrakech
High funding needs and central banks removing support are increasing pricing uncertainty for investors, Sophia Drossos, hedge fund Point72 Asset Management's chief economist, said. Spending plans lacking credibility were seen as most likely to spark market turmoil. I suspect not by default, but when markets start reflecting their worries in Treasury prices, by a political crisis and a potentially ugly adjustment," the former IMF chief economist said. Italy's 2.4 trillion-euro debt pile is the focus in Europe, where the IMF has said high debt leaves governments vulnerable to crisis. "We need more investment, not less," said King's College London professor Jonathan Portes, Britain's cabinet office chief economist during the financial crisis.
Persons: Andrew Kelly, Peter Praet, Praet, Sophia Drossos, Daniel Ivascyn, Claudio Borio, Olivier Blanchard, Ray Dalio, Janet Yellen's, Yellen, Jim Leaviss, Giancarlo Giorgetti, Daleep Singh, Joe Biden, Britain's, Yellen's, Jonathan Portes, Clare Lombardelli, Moritz Kraemer, Yoruk Bahceli, Maria Martinez, Leigh Thomas, Giuseppe Fonte, Nell Mackenzie, Naomi Rovnick, William Schomberg, Jan Strupczewski, Dan Burns, Elisa Martinuzzi, Riddhima Talwani, Jayaram, Emelia Sithole Organizations: Financial, of, REUTERS, Institute of International Finance, Reuters, European Central Bank, ECB, Bank for International, Peterson Institute for International Economics, Associates, U.S . Treasury, Wall, Economy, Britain's Treasury, Congressional, Britain's, Institution, Reuters Graphics ACT, King's College London, Labour Party, OECD, Graphics, Thomson Locations: of Manhattan , New York City, U.S, Italy, Britain, United States, Europe, Ukraine, Berlin, Paris, Rome, London, Brussels, Washington, Marrakech
An Israeli army self-propelled howitzer fires rounds near the border with Gaza in southern Israel on Oct. 11, 2023. Israel's border communities have since been evacuated and the military said Tuesday it had regained control of the Gaza-Israel border, through which Hamas had launched its surprise offensive. Former Israeli Prime Minister Ehud Barak told CNBC's "Squawk Box" Wednesday that Israeli ground forces would take over the Gaza Strip in a matter of days. Israeli soldiers gather near Armoured Personnel Carriers (APCs) near Israel's border with Lebanon, northern Israel, October 9, 2023. For now, however, a cease-fire looks nigh-on impossible, with the conflict likely about to enter a "hot" phase of active operations on the ground.
Persons: Yahya Hassouna, it's, Yossi Mekelberg, Israel, Jack Guez, Benjamin Netanyahu, Yoav Gallant, Eden Guez, Violeta Santos Moura, William F, Wechsler, Al, Ehud Barak, CNBC's, Barak, Mekelberg, Ammar Awad, Israel —, Antony Blinken, Netanyahu, we're, Sean Gallup, Jonathan Panikoff Organizations: AFP, Getty, Hamas, North Africa, Chatham House, CNBC, Getty Images Hamas, Israeli, Israel Defense Forces, Reuters, Reuters Analysts, Rafik Hariri Center and Middle, Atlantic Council, Carriers, Tel Aviv Thursday, Security Initiative, State Locations: Gaza City, Israel, Palestinian, Gaza, East, Chatham, Lebanon, Israeli, Ashkelon, Rafik, Al Qaeda, Syria, Iran, Israel's, Iranian, Russia, Saudi Arabia, Riyadh, Western, U.S, Berlin, Jerusalem, China, State, Palestine
The surprise Hamas attack has dealt a blow to U.S. efforts to broker a landmark normalization deal between Israel and Saudi Arabia and complicated Washington's approach toward Iran, Hamas' longtime benefactor. “Quite simply, all efforts at normalization are on hold for the foreseeable future,” said Jon Alterman, head of the Middle East program at the Center for Strategic and International Studies, contradicting the official U.S. government line. Khaled Elgindy, a former Palestinian negotiations adviser, accused the Biden administration of leading an Israeli-Saudi normalization process that mostly bypassed the Palestinians and their hopes of ending Israeli occupation. “That sort of neglect is part of why we're seeing what we're seeing,” said Elgindy, now at the Middle East Institute. The immediate challenge is preventing the war from spiraling into a broader conflict, administration officials say, especially preventing the Iran-backed Lebanese group Hezbollah from opening a second front on Israel's northern border.
Persons: Joe Biden, Elizabeth Frantz, Biden, Benjamin Netanyahu, Antony Blinken, Israel, , Jon Alterman, John Kirby, , ” Jonathan Panikoff, government’s, Khaled Elgindy, Elgindy, Panikoff, , Netanyahu, Jake Sullivan, Biden’s, Prince Faisal bin Farhan, Matt Spetalnick, Humeyra Pamuk, Simon Lewis, David Brunnstrom, Steve Holland, Alexander Cornwell, Parisa, Aziz El Yaakoubi, Heather Timmons, Howard Goller Organizations: Hamas, White, REUTERS, Rights, U.S, Center for Strategic, International, White House National Security Council, Middle East Institute, Saudi, The Atlantic, Hezbollah, West Bank, Reuters, Atlantic Council, Thomson Locations: Israel, Washington , U.S, Saudi, Gaza, Ukraine, U.S, Saudi Arabia, Iran, Hamas, Tehran, Israeli, Riyadh, Washington, Lebanese, IRAN, Dubai
U.S. President Joe Biden lholds a bilateral meeting with Israeli Prime Minister Benjamin Netanyahu on the sidelines of the 78th U.N. General Assembly in New York City, U.S., September 20, 2023. As president, Biden has frequently stressed support for independent Israeli and Palestinian states. Having returned to office in late December, Netanyahu opposes Palestinian statehood anytime soon and has approved thousands of new housing units for West Bank settlers. "If President Biden can stand with Ukraine for as long as it takes, I hope President Biden can stand with Israel for as long as it takes," said Republican Senator Tom Cotton, a foreign policy hawk, on Fox News' "Sunday Morning Futures." "Biden is not in love with Bibi Netanyahu," he said, using the prime minister's nickname.
Persons: Joe Biden lholds, Benjamin Netanyahu, Kevin Lamarque, Joe Biden, Netanyahu, Biden, Barack Obama’s, Donald Trump, Jonathan Panikoff, government’s, Tom Cotton, BIBI, Israel, Aaron David Miller, Bibi Netanyahu, Steve Holland, Matt Spetalnick, Heather Timmons, Howard Goller Organizations: Israeli, General Assembly, REUTERS, Rights, Israel, Administration, West Bank, Republican, U.S, White, Hezbollah, Hamas, Atlantic Council, Fox News, AIPAC, Biden, General, Carnegie Endowment, International, Thomson Locations: New York City, U.S, Gaza, Israel, Iran, Egypt, Syria, Yom, Gulf, Lebanese, Jerusalem, Ukraine, New York, Saudi Arabia
"It looks quite similar to what happened at that time," said retired General Giora Eiland, a former head of Israel's National Security Council. "As we can see it, Israel was completely surprised, by a very well coordinated attack," he told a briefing with reporters. "It was a security failure, undermining what was thought to be an aggressive and successful layered approach toward Gaza by Israel," he said. "They've been planning this for a long time," said former Israeli National Security Advisor Eyal Hulata. "Obviously this is a very coordinated attack, and unfortunately they were able to surprise us tactically and cause devastating damage."
Persons: Israel, Giora Eiland, Gazans, Benjamin Netanyahu's, Ronen, Jonathan Panikoff, government's, They've, Eyal Hulata, Matt Spetalnick, James Mackenzie, Chris Reese Organizations: Israel's National Security Council, West Bank, West, Atlantic Council, National, Thomson Locations: Gaza, Israel, West Bank, Sderot, U.S, Washington
"It looks quite similar to what happened at that time," said retired General Giora Eiland, a former head of Israel's National Security Council. "As we can see it, Israel was completely surprised, by a very well coordinated attack," he told a briefing with reporters. "This was an intelligence failure; it could not be otherwise," said Jonathan Panikoff, the U.S. government's former deputy national intelligence officer on the Middle East, who is now at the Atlantic Council think tank. "They've been planning this for a long time," said former Israeli National Security Advisor Eyal Hulata. "Obviously this is a very coordinated attack, and unfortunately they were able to surprise us tactically and cause devastating damage."
Persons: Israel, Giora Eiland, Gazans, Benjamin Netanyahu's, Amir Cohen, Jonathan Panikoff, government's, They've, Eyal Hulata, Matt Spetalnick, James Mackenzie, Chris Reese Organizations: Israel's National Security Council, West Bank, West, REUTERS, Atlantic Council, National, Thomson Locations: Gaza, Israel, West Bank, Ashkelon, U.S, Sderot, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrong data could put November rate hike on the table for FOMC, says UBS' Jonathan PingleJonathan Pingle, chief U.S. economist at UBS Investment Bank, joins 'Squawk on the Street' to discuss what the markets need to see to calm down bond yields, what Friday's jobs report will do to bonds, and what's now presenting a problem for the bond market.
Persons: Jonathan Pingle Jonathan Pingle, what's Organizations: UBS, UBS Investment Bank
Starbucks set to close seven stores in San Francisco
  + stars: | 2023-10-03 | by ( Jonathan Park | ) edition.cnn.com   time to read: 1 min
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Persons: Jefferies, Jonathan Petersen, Petersen, Simon, Morgan Stanley, — CNBC's Michael Bloom Organizations: Federal Realty Investment Trust, Equity Locations: U.S, Canada
Rui Jiang, 35, was arrested Sunday at the Park Valley Church in Haymarket, Virginia, the Prince William County Police Department said in a statement. The Prince William County Public Defender’s Office declined to identify his attorney to CNN. Jiang wasn’t at the residence, but investigators were also able to give a description of his vehicle to officers in Prince William County. Letters and other documents related to the case were found in Jiang’s home, Prince William County Police Sgt. “We are equally grateful for the coordination with Fairfax County Police Department and Prince William County Police Department to bring this individual into custody.
Persons: Rui Jiang, Prince, Jiang, Daniela Salguero, Prince William County’s, Prince William, Jiang’s, Anne, Anne Arundel County, Jiang wasn’t, Prince William County, Jiang “, Jonathan Perok, , ” Anne, Organizations: CNN, Prince William County Police Department, Prince William County Public, Synagogue, Baptist, Sutherland Springs , Texas . Police, Police Department, Church, Fairfax County Police Department, Police, Prince William County Police, Prince William Locations: Haymarket , Virginia, Prince William County, Pittsburgh, Sutherland Springs , Texas, Anne Arundel, Maryland, Fairfax, Virginia, Fairfax County, Prince William, Prince William County ., Prince William County Virginia, ” Anne Arundel
[1/4] Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Biden would also score a foreign policy win as he seeks re-election in November 2024. The focus is on Biden’s fellow Democrats who have condemned Saudi Arabia over human rights but whose support would be needed if any agreement requires congressional approval. Though foreign policy rarely sways U.S. elections, Biden, facing a re-election fight against Republican former president Donald Trump, may be thinking of his legacy. Murphy, a Democrat on the Senate Foreign Relations Committee, said he favors Israeli-Saudi normalization and is open to reviewing any broader agreement but would not be easily convinced.
Persons: Saudi Crown Prince Mohammed bin Salman, Joe Biden, Biden, Joe Biden’s, Israel, , , Jonathan Panikoff, government’s, Biden’s, Washington, Benjamin Netanyahu, Donald Trump, Aaron David Miller, Prince Mohammed bin Salman, Jamal Khashoggi, Chris Murphy, Murphy, Jared Kushner, Trump, Abraham, Netanyahu, Matt Spetalnick, Steve Holland, Patricia Zengerle, Dan Williams, Nick Zieminski Organizations: Saudi Crown, Al, Saudi Royal Court, REUTERS, Rights, Atlantic Council, Saudi, Israel, Republicans, Israeli, Republican, Carnegie Endowment, International Peace, SAUDI, MbS, NATO, Reuters, Democrat, Senate Foreign Relations, Abraham Accords, Middle, General, Trump, Biden, Thomson Locations: Jeddah, Saudi Arabia, Bandar, Israel, U.S, Riyadh, Iran, Gulf, East, Russia, Ukraine, Saudi, Yemen, , United States, Washington, Jerusalem
Now 94, Anderson says a Yes vote isn’t just important for him but the country. “By talking and walking together as a nation and as a society, we will share a common destiny,” he said. Wharton said he wants “liberation, freedom and restitution” delivered through negotiation by the hundreds of Aboriginal nations with people occupying their land. Nick Harvey-Doyle is studying in New York and is calling for a Yes vote. Sykes, who died in 2010, was the first Black Australian to study at Harvard, and fought for a Yes vote in the 1967 Referendum.
Persons: Uncle Bob Anderson, Elder, , Anderson, Hilary Whiteman, Wayne Wharton, , Wharton, “ I’ve, ” Wharton, Nick Harvey, Doyle, Elder Anderson, that’s, Doyle Harvey, Roberta Sykes, Sykes, Harvey, don’t, aren’t, Jonathan PIlkington, they’ll, what’s, he’s Organizations: Australia CNN —, First Nations, Nations, CNN, Aboriginal, Brooklyn, New York, New York University, Australian, Harvard, Australian Voice, Australian Electoral Commission, Torres Strait Locations: Brisbane, Australia, New York, New South Wales
SAN JUAN, Puerto Rico (AP) — Tropical Storm Lee strengthened into a hurricane on Wednesday as it churned through the open waters of the Atlantic on a path that would take it near the northeast Caribbean. The hurricane was located about 1,130 miles (1,815 kilometers) east of the northern Leeward Islands. It had maximum sustained winds of 75 mph (120 kph) and was moving west-northwest at 14 mph (22 kph), according to the National Hurricane Center. “It has the potential to become a powerhouse Category 5 hurricane, the strongest hurricane of the year,” said Jonathan Porter, chief meteorologist for AccuWeather. Lee is the 12th named storm of the Atlantic hurricane season, which runs from June 1 to Nov. 30.
Persons: Lee, Maria, Irma, , Jonathan Porter, Jova Organizations: JUAN, National Hurricane Center, British Virgin Islands, AccuWeather, Atlantic, National Weather Service, Atmospheric Administration Locations: Puerto Rico, Leeward, British Virgin, U.S, San Juan, Mexico, Baja California
Ecuador presidential candidate Daniel Noboa of the Accion Democratica Nacional party, who is wearing a bulletproof vest, makes remarks as he arrives to participate in a presidential debate, in Quito, Ecuador August 13, 2023. REUTERS/Karen Toro/File Photo Acquire Licensing RightsQUITO, Aug 17 (Reuters) - Gunfire interrupted a caravan being held by Ecuador presidential candidate Daniel Noboa on Thursday, local media reported. Noboa and others accompanying him were unhurt in the incident, said legislative candidate Jonathan Parra on X, the social network formerly known as Twitter. Reporting by Alexandra Valencia Writing by Julia Symmes CobbOur Standards: The Thomson Reuters Trust Principles.
Persons: Daniel Noboa, Karen Toro, Noboa, Jonathan Parra, Alexandra Valencia, Julia Symmes Cobb Organizations: Accion Democratica Nacional, REUTERS, Rights, Twitter, Thomson Locations: Ecuador, Quito, Rights QUITO
“Here Lies Love” arrives onto Broadway, though, at a moment of greatly increased visibility, representation and empowered Filipino identity. Sonia Moskowitz/Getty Images“Here Lies Love” is an immersive experience that invites show-goers to the dancefloor, literally, imbuing the proceedings with a fun, nightclub-meets-karaoke vibe. That’s what I remember.”When the Marcoses fled to Hawaii in 1986, having been granted asylum by the United States, Salonga was celebrating her 15th birthday in Manila. The cast of "Here Lies Love" performing onstage. Watching “Here Lies Love” over two decades later, the emotion returned, packing an even stronger punch.
Persons: , Lea Salonga, Kim, Salonga, Tony, , Imelda Marcos, Ferdinand Marcos, Aurora Aquino, Benigno “ Ninoy ” Aquino, Corazon Aquino, Marcoses, Corazon’s, Benigno “ Noynoy, Corazon III, Imelda, Andy Hernandez, Conrad Ricamora, Ninoy Aquino, she’s, , , ’ ”, I’ve, ” Salonga, , “ I’m, Willa Kim, Will Rogers, ” Lea Salonga, Jonathan Pryce, Sonia Moskowitz, Marcos, “ Laban, John Nacion, Jose Llana, ‘ We’ve, I’m, Ferdinand “ Bongbong ” Romualdez Marcos Jr, Ferdinand, Moses Villarama, Apl.de.Ap, H.E.R, Jo Koy, Jose Antonio Vargas, David Byrne —, Fatboy Slim, Moammar Gadhafi, Fidel Castro, Ronald Reagan, Castro, Gadhafi, Billy Bustamante, Matthew Murphy, Evan Zimmerman Organizations: CNN, New York, Broadway, San Francisco Bay Area, Manila International, Getty Locations: United States, Miss, , New, London, American, San Francisco Bay, Philippines, Manila, Mindoro, New York, ‘ Miss, New York City, Hawaii, , Virginia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThursday's CPI print will be another bit of good news for the Fed, says UBS' Jonathan PingleChris Harvey, Wells Fargo Securities head of equity strategy, and Jonathan Pingle, chief U.S. economist at UBS Investment Bank, join 'Squawk on the Street' to discuss what the latest Federal Reserve headlines mean for markets and the economy, when equity volatility will wane, and much more.
Persons: Jonathan Pingle Chris Harvey, Jonathan Pingle Organizations: UBS, Wells, Wells Fargo Securities, UBS Investment Bank, Federal Locations: Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wells Fargo's Christopher Harvey and UBS' Jonathan PingleChris Harvey, Wells Fargo Securities head of equity strategy, and Jonathan Pingle, chief U.S. economist at UBS Investment Bank, join 'Squawk on the Street' to discuss what the latest Federal Reserve headlines mean for markets and the economy, when equity volatility will wane, and much more.
Persons: Wells Fargo's Christopher Harvey, Jonathan Pingle Chris Harvey, Jonathan Pingle Organizations: UBS, Wells, Wells Fargo Securities, UBS Investment Bank, Federal Locations: Wells Fargo
Shares stumble as US yields rise
  + stars: | 2023-08-03 | by ( Tom Wilson Stella Qiu | Tom Wilson | Stella Qiu | ) www.reuters.com   time to read: +4 min
European shares (.STOXX) slipped 1.1% after falling on Wednesday to two-week lows as rating agency Fitch cut the U.S. government's credit rating. UK shares (.FTSE) fell 1.3%, with the Bank of England (BoE) expected to raise interest rates later in the day. Pressuring stocks were a climb in long-term U.S. Treasury yields after stronger-than-expected private employment data and the announced refunding of the U.S. government's maturing debt. U.S. 10-year yields hit a new nine-month peak of 4.17%, while 30-year yields rose to a fresh nine-month top. The risk, investors said, was that a repeat of June's surprise half-point increase could fuel bets that major central banks are not done tightening yet.
Persons: Issei Kato, Fitch, BoE, Jonathan Petersen, Morgan Stanley, Sterling, Tom Wilson, Stella Qiu, Kim Coghill, Mark Potter Organizations: REUTERS, Apple, LONDON, Bank of England, Nasdaq, Treasury, U.S, Capital Economics, APPLE, Thomson Locations: Tokyo, Japan, Asia, SYDNEY, Pacific, China, London, Sydney
The pews were full at a Shabbat service at the Sixth & I synagogue in Washington in November 2018, held in memory of the victims of the Pittsburgh synagogue shooting. Over the nearly five years since 11 people were murdered in a Pittsburgh synagogue, the deadliest antisemitic attack in the country’s history, the question of justice has loomed, unresolved. Soon, the jury in the federal trial will make a decision that is central to that question of justice: whether Robert Bowers, the man who carried out the attack, should be condemned to death. Talmudic jurisprudence is strongly averse to the death penalty, Rabbi Kalmanofsky said, but Jewish citizens should understand that this is ultimately a decision in the hands of a secular justice system. And while rabbinical tradition holds that the death penalty should be extremely rare, he said, it acknowledges “that sometimes there are incredibly exigent circumstances.”
Persons: Robert Bowers, Jonathan Perlman, ” Miri Rabinowitz, Jerry Rabinowitz, Jeremy Kalmanofsky, Rabbi Kalmanofsky, Organizations: The Pittsburgh Jewish Chronicle, New, U.S, Attorney, Conservative Locations: Washington, Pittsburgh, The Pittsburgh
Washington CNN —European officials are investigating whether Microsoft’s practice of bundling its Teams software with Office 365 is anticompetitive, the European Commission said Thursday. The EU probe follows a formal complaint by Microsoft’s rival, the Salesforce-owned Slack, in 2020, alleging that Microsoft has illegally circumvented competition. By packaging Teams together with its “well-entrenched” productivity suite, including apps such as Word and Outlook, Microsoft could be effectively blocking customers from seeking out rival collaboration tools, the Commission said. “We respect the European Commission’s work on this case and take our own responsibilities very seriously,” said a Microsoft spokesperson. We first need to identify indeed if there is a breach of antitrust considerations.”The in-depth investigation reflects rising EU antitrust scrutiny for Microsoft, which was last fined on a competition violation in 2013 for not honoring a commitment to give European consumers a choice in web browsers.
Persons: Slack, , , Arianna Podesta, Slack’s, Jonathan Prince Organizations: Washington CNN, European Commission, EU, Microsoft, Antitrust
“Miss Saigon” is back and so, inevitably, is the surrounding discourse. Claude-Michel Schönberg’s musical melodrama about an ill-fated romance between a Vietnamese sex worker and an American G.I. So not everyone was pleased when the Crucible Theater in Sheffield, England, announced it would stage a new production of “Miss Saigon” this summer. Chris (a compellingly lugubrious Christian Maynard) meets Kim (Jessica Lee) in a brothel and they fall in love, but their affair ends abruptly when the Americans withdraw from Saigon. Three years later, Chris, now married to an American woman, learns that he has a young son by Kim.
Persons: Saigon ”, Claude, Michel Schönberg’s, Jonathan Pryce, yellowface, Robert Hastie, Anthony Lau, Cameron Mackintosh, Puccini’s, Christian Maynard, Kim, Jessica Lee, Chris, Kim . Kim Locations: Saigon, American, Vietnam, Sheffield, England, British East, Asian, United States
George Soros has handed control of his foundation and investment fund to his 37-year-old son Alex. George Soros, 92, has handed the reins of his $25 billion empire to his 37-year-old son in a decision that has surprised some. There are some parallels between the Soros succession and the Roy siblings' battle for control of Waystar Royco in HBO's "Succession." "He's earned it," George Soros told the newspaper. Representatives for George Soros didn't immediately respond to a request for comment from Insider, made outside normal working hours.
Persons: George Soros, Alex, Alex Soros, HBO's, Roy, George Soros's, Soros, Jonathan Soros, Kendall Roy, Jonathan, He's, Roman Roy, Roman, Kendall, George Soros didn't Organizations: Wall Street, Morning, Soros's, Foundations, Soros Fund Management, New York, NBA, Biden White, . Locations: HBO's, White
The boom in artificial intelligence should create a big winner in one of the economic areas investors are most worried about, according to Jefferies. Analyst Jonathan Petersen said in a Tuesday note to clients that Digital Realty Trust, a real estate company focused on housing data centers, will gain pricing power because of the extra demand for computing power created by AI. Digital Realty is part of the broader commercial real estate sector, which many investors are trying to avoid with higher rates and signs the economy is slowing. "DLR's stock is up +14% since NVDA 's earnings release, but the stock only trades at a 15.6x [adjusted funds from operations] multiple. Jefferies has a buy rating and a price target of $129 per share for Digital Realty, or about 28% above where the stock closed Tuesday.
Persons: Jonathan Petersen, Jefferies, — CNBC's Michael Bloom Organizations: Jefferies, Digital Realty Trust, Digital Realty Locations: Petersen
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