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☆ A Recipe for Cooks Who Love to Poke at the Grill
▼ + stars: | 2024-06-23 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

I’ve been cooking outside as much as I can these last few weeks, turning meats and vegetables over fire. Sometimes the fuel is wood, other times charcoal, many times propane. I ran into one family coming up from the park after dinner with a kettle grill mounted to a pushcart from the local grocery store. They’d made burgers, they said, and would be back the next night to make ribs. Cook wherever I want.”Here’s a recipe for him, then, and for anyone cooking in a park or at a campsite, on a patio, fire escape, deck or sidewalk: huli huli chicken (above), a taste of Hawaii wherever you stay.

Persons: I’m, Cook Organizations: pushcart Locations: Hawaii

☆ Tiger Woods: PGA Tour creates special exemption for US golfer to play in events for ‘lifetime achievement’
▼ + stars: | 2024-06-19 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —The PGA Tour announced on Tuesday it had created a special exemption for Tiger Woods alone, allowing for qualification to certain events on its schedule. The 15-time major champion is tied for the most ever PGA Tour victories with Sam Snead. The eight ‘Signature Events’ on the PGA Tour are the marquee tournaments on the tour’s schedule, boasting increased prize money and more FedExCup points up for grabs. The 48-year-old has played in only four tournaments this year: The Genesis Invitational and the three majors. The other change which the PGA Tour announced on Tuesday was that all ‘Signature Events’ would have a minimum field of 72 players.

Persons: Tiger Woods, ’ Woods, Sam Snead, Woods, Arnold Palmer Organizations: CNN, PGA, Tiger, PGA Tour’s, Enterprises Boards, Arnold Palmer Invitational, RBC Heritage, Wells, Travelers, Masters Locations: Hartford , Connecticut, Wells Fargo

☆ A stock market correction is coming as rates, inflation, and valuations darken the outlook for investors, strategist says
▼ + stars: | 2024-06-19 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

AdvertisementThe stock market is in for a correction, as a trio of unfavorable factors will weigh on equity prices, according to Sam Stovall, chief investment strategist of CFRA Research. Tech stocks, which have dominated the market in recent years, are trading at a 68% premium. Stocks could see their first "crack in the ice" in the tech sector, he added, pointing to lofty valuations among mega-cap tech stocks. AdvertisementOther forecasters have warned of limited upside to the market as stocks — particularly tech stocks — continue to climb higher. According to one valuation metric, the stock market looks to be the most overvalued since 1929, which could pave the way to a steep correction, elite investor John Hussman warned.

Persons: Sam Stovall, —, Stovall, Stocks, John Hussman Organizations: Service, CFRA Research, Wall, Treasury, Tech, CNBC

☆ Boeing hid questionable parts from regulators that may have been installed in 737 Max planes, new whistleblower alleges
▼ + stars: | 2024-06-18 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com time to read: +11 min

Boeing has been under intense scrutiny with numerous federal investigations and congressional hearings since a January 5 Alaska Air Boeing 737 Max flight had a door plug blow off, leaving a gaping hole in both the plane and Boeing’s reputation. He also claims Boeing in August 2023 told employees to delete records about nonconforming parts, which led him to complain – but Boeing took no action. Jason Redmond/ReutersAt an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.

Persons: Sam Mohawk, ”, Dave Calhoun, Calhoun, We’ve, Sen, Richard Blumenthal, Blumenthal, ” Blumenthal, “, Max, Howard McKenzie, Boeing’s, Jason Redmond, Sam Salehpour, ” Salehpour, ” Calhoun’s, Richard Aboulafia, “ I’m, Calhoun’s Organizations: Washington CNN, Boeing, Federal Aviation Administration, Congressional, CNN, Alaska Air Boeing, Max, Connecticut Democrat, FAA, Reuters, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Connecticut, Mohawk, Renton, Alaska, Indonesia, Ethiopia

☆ CFRA's Sam Stovall: The projected S&P decline is due to the 10-year yield and inflation readings
▼ + stars: | 2024-06-18 | 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 EmailCFRA's Sam Stovall: The projected S&P decline is due to the 10-year yield and inflation readingsSam Stovall, CFRA Research chief investment strategist, joins 'Squawk on the Street' to discuss what might be a catalyst for an S&P 500 decline, whether sideline cash will soon get put to work, and more.

Persons: Sam Stovall Organizations: CFRA Research

☆ Watch Boeing CEO Dave Calhoun testify before Senate panel on whistleblower allegations
▼ + stars: | 2024-06-18 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns and whistleblower allegations. Boeing's bestselling 737 Max plane has been the source of controversy since two deadly crashes in 2018 and 2019. Following the incident, company whistleblower Sam Salehpour came forward and claimed that the aerospace company put excessive stress on airplane joints, which reduced some of the planes' lifespans. Mohawk alleges that the lost parts were likely installed on airplanes in Boeing's Washington plant where 737 Max models are made. The company announced March that Calhoun will step down from his post as CEO before the end of the year.

Persons: Dave Calhoun, Max, Sam Salehpour, Sam Mohawk, Calhoun, — CNBC's Leslie Josephs Organizations: Boeing, Alaska Airlines, CNBC, YouTube Locations: Boeing's Washington

☆ West Bengal, India: Train collision kills at least five in eastern India, police say
▼ + stars: | 2024-06-17 | by ( Rhea Mogul | ) edition.cnn.com time to read: +3 min

“Five passengers have died and 25-30 injured in the accident,” Darjeeling police superintendent Abhishek Roy told reporters from the crash site. People gather around the wreckage of a train after a collision in West Bengal, India on June 17, 2024. But decaying infrastructure is often cited as a cause for traffic delays and numerous train accidents. More than 16,000 people were killed in nearly 18,000 railway accidents across the country in 2021, according to the National Crime Records Bureau. Most railway accidents were due to falls from trains and collisions between trains and people on the track.

Persons: Mamata Banerjee, Abhishek Roy, ” Roy, Banerjee, ”, Narendra Modi Organizations: CNN, West Bengal, Mamata Banerjee . Disaster, Kanchenjunga Express, India, National Crime Records Locations: India, Kolkata, Silchar, Assam, Siliguri, Darjeeling, New Jalpaiguri, West Bengal, Odisha

☆ S&P 500 futures are little changed as investors await May retail sales data: Live updates
▼ + stars: | 2024-06-17 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. S&P 500 futures are near flat Tuesday morning after a winning day on Wall Street as investors gear up for May retail sales data. Futures linked to the broad market index inched higher by 0.03%, while Nasdaq 100 futures were up 0.02%. Those moves follow a positive session on Wall Street that propelled the S&P 500 higher by nearly 0.8%, while the Nasdaq Composite finished with a gain of almost 1%. "Investors are basically feeling the trend is my friend until it ends," said Sam Stovall, chief investment strategist at CFRA Research.

Persons: Sam Stovall Organizations: New York Stock Exchange, Nasdaq, Dow Jones Industrial, Dow, CFRA

☆ Boeing CEO admits company has been ‘far from perfect’ after a flood of safety lapses
▼ + stars: | 2024-06-17 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com time to read: +6 min

At an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. Calhoun has already met with members of Congress since the Alaska Air incident, albeit behind closed doors. He has also made numerous public statements to Boeing employees and to investors since the Alaska Air incident. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.

Persons: Dave Calhoun, We’ve, Stephen Brashear, Calhoun, Howard McKenzie, Boeing’s, Sam Salehpour, ” Salehpour, ” Calhoun, “, ”, Richard Aboulafia, “ I’m, Calhoun’s, Max Organizations: Washington DC CNN, Boeing, Alaska Air Boeing, Max, Federal Aviation Administration, Getty, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Alaska, Indonesia, Ethiopia

☆ Brace for a stock-market pullback after an epic start to the year, strategist warns
▼ + stars: | 2024-06-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

The S&P 500 is likely to fall at least 5% in the coming months, one strategist predicted. CFRA's Sam Stovall said a pullback tends to follow a great first quarter for the benchmark index. On the bright side, Stovall said the S&P's full-year gain is usually over 20% after a stellar start. AdvertisementBrace for stocks to take a breather and retreat by at least 5% after a breathless start to the year, one strategist warned. The S&P 500 surged by more than 10% in the first quarter.

Persons: CFRA's Sam Stovall, Stovall, —, Brace, Sam Stovall, CFRA Organizations: Service, Nvidia, Microsoft, Yahoo Finance, Wall Street, CFRA Locations: Friday's

☆ Buttermilk Fried Chicken, a Dad’s Gift to Himself
▼ + stars: | 2024-06-16 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

Good morning. We stand on the boat, on a platform at the stern or on the softening deck in the bow, and we look. Sometimes the fish come, sliding around happy in the middle of the outgoing tide: Cast! Other times they don’t, and eyes move up: an osprey, a wisp of cloud, a bald eagle, a flapping flag on a pole a mile away, an oystercatcher, a jetliner inbound from Europe, terns, oak trees, a congregation of glossy ibises flapping into a wedge above the marsh. All this but my thoughts run, mostly, to dinner: the chicken I’ve got resting in a buttermilk bath for fried chicken (above), a father’s gift to himself, my favorite fried chicken recipe, hard-won over time.

Persons: It’s, Ethan Allen Locations: Europe

☆ US nuclear powered submarine arrives in Guantanamo Bay a day after Russian Navy docks in Havana
▼ + stars: | 2024-06-14 | by ( Sam Simpson | Oren Liebermann | ) edition.cnn.com time to read: +2 min

CNN —The USS Helena, a fast-attack nuclear submarine, surfaced in Guantanamo Bay, Cuba, a day after Russian naval forces arrived in Havana to conduct drills with the island nation, a Russian ally. Navy destroyers, as well as P-8 submarine hunting aircraft, tracked the movements of the Russian ships as they made their way south off the east coast of the United States. People watch a ship belonging to the Russian Navy flotilla arrive at the port of Havana on Wednesday, June 12, 2024, in Havana, Cuba. The USS Pasadena, another Los-Angeles class fast attack submarine, stopped in Guantanamo Bay last July, sparking furor from the Cuban government, which called it an escalation. The Pentagon said the current visit of a Russian submarine to Cuba was “at least in part” a response to last year’s visit of a US submarine.

Persons: Yander Zamora, We’ve, we’ve, ”, Sabrina Singh, “ We’re Organizations: CNN, Russian, US Southern Command, . Southern Command, Navy, Pentagon, Russian Navy, Wednesday, Anadolu, Getty, USS, Angeles Locations: Helena, Guantanamo Bay, Cuba, Havana, Russian, Florida, United States, Havana , Cuba, Norfolk, Los Angeles, USS Pasadena, Cuban

☆ These stocks could survive Wall Street's summer lull and thrive, CFRA’s Sam Stovall says
▼ + stars: | 2024-06-12 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

June's historical average return comes out at just 0.1% while July typically sees a 1.2% gain, according to Stovall. Summer exception This summer could prove to be an exception to the typical summer lull, given the upcoming presidential election, Stovall said, noting that the broad market index has posted an average 3.7% summer increase during the 19 election years since World War II. Ahead of this year's election, Stovall expects a few aerospace and defense contractors to stand out. Other areas of the market that should survive and thrive during a slow summer period are consumer staples companies, tobacco names, health-care distributors and pharmaceuticals, Stovall said. Costco and Walmart shares are up roughly 29% and 2% this year, respectively, posting strong returns as consumers have become more motivated by price and value in a high-inflation environment.

Persons: Sam Stovall, Stovall, CFRA, Eli Lilly, Lockheed Martin, Morgan Stanley, Becton Dickinson, Christopher Horvers, FactSet Organizations: Day, Labor, Walmart, Lockheed, Dynamics, Republicans, Costco, JPMorgan

☆ Make Maangchi’s Bulgogi
▼ + stars: | 2024-06-09 | by ( Sam Sifton | ) www.nytimes.com time to read: 1 min

Good morning. I once spent an excellent summer day cooking in a Montauk condominium with the Korean cooking star Maangchi, who had rented the place for a vacation but still found time to help me understand the intricacies of cheese buldak, or fire chicken. It’s a recipe that I love and that I commend to you always, but it’s not the Maangchi recipe I turn to most often in the summer months. That would be her instructions for bulgogi (above), the beloved Korean barbecue dish that you can make inside or out and either way deliver deliciousness to the table, to serve with lettuce for wrapping, herbs, ssamjang, kimchi and steamed rice. I especially like it on Sundays, when I can slice the meat in the morning after breakfast and keep it in the marinade all day.

Persons: it’s Locations: Montauk

☆ Ex-OpenAI employee speaks out about why he was fired: 'I ruffled some feathers'
▼ + stars: | 2024-06-05 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewA former OpenAI researcher opened up about how he "ruffled some feathers" by writing and sharing some documents related to safety at the company, and was eventually fired. Leopold Aschenbrenner, who graduated from Columbia University at 19, according to his LinkedIn, worked on OpenAI's superalignment team before he was reportedly "fired for leaking" in April. The AI researcher previously shared the memo with others at OpenAI, "who mostly said it was helpful," he added. Related storiesHR later gave him a warning about the memo, Aschenbrenner said, telling him that it was "racist" and "unconstructive" to worry about China Communist Party espionage. He said he wrote the document a couple of months after the superalignment team was announced, which referenced a four-year planning horizon.

Persons: —, Leopold Aschenbrenner, OpenAI's, podcaster Dwarkesh Patel, Aschenbrenner, OpenAI, Sam, Sam Altman Organizations: Service, Columbia University, Business, China Communist Party Locations: OpenAI

☆ A fan caught Sam Smith wearing $2,450 jeans that were entirely ripped across the back for a recent flight
▼ + stars: | 2024-06-03 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Musician Sam Smith was recently spotted wearing a daring outfit at a New York City airport. Photos posted on TikTok showed Smith wearing jeans that were destroyed in the back. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . If you ask musician Sam Smith, they might suggest trying highly-distressed jeans that reveal the back of your legs. The musician was recently spotted in a New York City airport by fan Paisly Farnum, who posted two photos of the five-time Grammy winner to TikTok on Saturday.

Persons: Sam Smith, Smith, they'd, —, Paisly Farnum, TikTok Organizations: TikTok, Service, Business Locations: New York City

☆ Grilled Soy-Basted Chicken With Spicy Cashews, a Five-Star Reader Favorite
▼ + stars: | 2024-06-02 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

Good morning. I used the book to practice and then to master (maybe?) the art of American grilling, and the confidence it gave me eventually allowed me to stray from the recipes, to adapt them and eventually to make them my own. This recipe for grilled soy-basted chicken thighs with spicy cashews (above) is one of my favorite examples, an adaptation of an appetizer dish that Schlesinger and Willoughby developed at the turn of the century. The skinless meat browns beautifully over a medium flame and a basting of gingery soy sauce and brown sugar lacquers it beautifully at the end.

Persons: Julie Powell, Julia Child’s “, Chris Schlesinger, John Willoughby’s “, Schlesinger, Willoughby Organizations: Flames

☆ Managers at Boeing's largest factory 'hound mechanics' to keep quiet about safety concerns, employee says
▼ + stars: | 2024-06-02 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Read previewManagers at Boeing's largest factory in Everett, Washington, "will hound mechanics" to keep quiet about safety and quality assurance concerns, a mechanic who has worked for the company for more than three decades told The Guardian. Boeing's Everett site, one of the world's largest manufacturing buildings, produces the 747, 767, 777, and 787 airplanes. The factory is also responsible for fixing the 787 Dreamliner, and the unnamed mechanic told the Guardian that it was "full of" faulty 787 jets waiting to be mended. Many of the planes arriving at Everett come from Boeing's 787 Dreamliner Final Assembly building in South Carolina, which it opened in 2011. AdvertisementFollowing the Alaska blowout incident, the FAA ordered Boeing to produce an action plan to address its safety issues.

Persons: —, Boeing's Everett, Max, Sam Salehpour, shim, Michael Whitaker, Sheikh Ahmed bin Saeed Al Maktoum Organizations: Service, Boeing's, Guardian, Business, Boeing, Everett, Alaska Airlines, Federal Aviation Authority, FAA, CNBC Locations: Everett , Washington, Everett, South Carolina, Alaska, Emirates

☆ Middle East Crisis Palestinians Returning to Jabaliya Find Wide Devastation
▼ + stars: | 2024-06-01 | by ( Raja Abdulrahim | Lauren Leatherby | ) www.nytimes.com time to read: +4 min

“The destruction is indescribable,” said Mohammad Awais, who returned with his family to their home in Jabaliya on Friday. “Even the ambulances can’t drive through them to transport the injured and martyrs,” he said of the streets in Jabaliya. April 17 Jabaliya market Area of image GAZA STRIP May 24 Jabaliya market April 17 Jabaliya market Area of image GAZA STRIP May 24 Jabaliya marketSome buildings had already been destroyed before the latest Israeli offensive in the area, according to imagery from April. Having survived the assault during the early months of the war, many people in Jabaliya thought they were safe from another Israeli offensive. Credit... Omar Al-Qattaa/Agence France-Presse — Getty Images Image Resting in the rubble in Jabaliya on Friday after Israeli forces withdrew from the area.

Persons: ”, Mohammad Awais, Awais, inhabitable, Israel, Omar Al, Mahmoud Issa, Hossam Shbat, Jabaliya, Shbat Organizations: Planet Labs, Agence France, Reuters “ Residents, “ Residents Locations: Gaza, Jabaliya, GAZA, Credit, Israel

☆ A teacher invented a bunch of fake slang words to trick his Gen Z students. Now some of those words have caught on.
▼ + stars: | 2024-06-01 | by ( Skylar Celeste Boone | ) www.businessinsider.com time to read: +1 min

Sam Salem made up Gen Z slang words to prank his students. But the words caught on and have now gained traction outside the classroom. Trying to decipher Gen Z slang has become a daily thing on TikTok and Instagram. Words and phrases like "rizz," "skibidi rizz," "bussin," "do it for the plot," and "gyat" are frequently used in the day-to-day vernacular. To the outside listener, a conversation among Gen Zers could sound like a bunch of made-up words.

Persons: Sam Salem, Bradley Beal, —, Gen Zers Organizations: NBA, Service, Business

☆ Chobani Yogurt Founder Buys Anchor Brewing Company
▼ + stars: | 2024-05-31 | by ( Emily Schmall | More About Emily Schmall | ) www.nytimes.com time to read: 1 min

The billionaire owner of the yogurt company Chobani said on Friday that he had acquired Anchor Brewing Company, the San Francisco brewer that went out of business last year after 127 years. Hamdi Ulukaya, who is also Chobani’s chief executive, said a video posted on social media that he looked forward to bringing Anchor Brewing “back to life.” The price Mr. Ulukaya paid to acquire the brewing company’s assets from a liquidator was not disclosed. The company, said to be America’s oldest craft brewer, announced it was shutting down in July 2023, citing the effects of the pandemic, inflation and a highly competitive beer market. Sam Singer, a spokesman for Anchor, said on Friday that the company was “very pleased” about the acquisition.

Persons: Chobani, Hamdi Ulukaya, Ulukaya, Sam Singer Organizations: Anchor Brewing Company, Anchor Brewing, Anchor Locations: San Francisco

☆ A bearish options trade on a beer stock that's breaking down
▼ + stars: | 2024-05-28 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

When the DI+ is above the DI-, the stock is considered to be in an uptrend. Conversely, when the DI- is above the DI+, the stock is in a downtrend. The trade: Bear put spread Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you. If SAM’s stock price starts rising against my directional bias, I would want to cap my losses at 50% of my investment (i.e., $250). THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET.

Persons: Bear, Nishant Pant Organizations: Boston Beer, RSI

☆ Point72's Dean Maki: Expect Fed to cut interest rates as soon as September
▼ + stars: | 2024-05-23 | 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 EmailPoint72's Dean Maki: Expect Fed to cut interest rates as soon as SeptemberSam Stovall, CFRA chief investment strategist, and Dean Maki, chief economist at Point72 Asset Management, join 'Squawk on the Street' to discuss markets, their expectation from the Fed, and more.

Persons: Dean Maki, Sam Stovall Organizations: Point72 Asset Management

☆ What Nvidia's 10-for-1 stock split means for investors—it's mostly psychological
▼ + stars: | 2024-05-23 | by ( Ryan Ermey | ) www.cnbc.com time to read: +1 min

Nvidia released its fiscal first-quarter earnings report on Wednesday, along with news of a planned 10-for-1 stock split. Shares in the chipmaking giant will begin trading on a split-adjusted basis when the market opens on June 10, according to a release. The split announcement, along with better-than-expected financial results, were just the latest in a long line of good news for Nvidia investors. Shares sprung up by 7% at the opening bell on Thursday, pushing the share price over $1,000. Plus, a stock split announcement tends to coincide with strong recent financial performance, and could signal that the company believes more is on the way.

Persons: Sam Stovall, Stovall Organizations: Nvidia

☆ Stocks at record levels are about to get their next major test — Nvidia's earnings results
▼ + stars: | 2024-05-22 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Stocks are riding high heading into Nvidia's earnings results after the market close Wednesday. U.S. stock market benchmarks have been hovering near all-time highs. But Nvidia will test the sustainability of recent market highs given its huge size in broad market indexes, as well as its influence over investor psychology. Consider that the Jensen Huang-led company is in more than 6,000 long-only institutional funds, and in just 21 short-only funds, according to data from S & P Capital IQ. Beat and raise Many investors expect a strong showing from Nvidia will keep markets on their recent upward ascent.

Persons: Jensen Huang, Sam Stovall, Stovall, CFRA's Stovall, Piper Sandler, Harsh Kumar, Kumar, —, Blackwell, Huang, Zachary Hill, Hill, We've, Chris Zaccarelli Organizations: Nasdaq, Dow Jones, Nvidia, CFRA, Microsoft, Investments, Independent

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