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☆ Opinion | When Chaos Erupted in Ecuador, Disinformation Followed
▼ + stars: | 2024-01-25 | by ( Iván Ulchur-Rota | ) www.nytimes.com time to read: +2 min

One of the most terrifying spates of violence in Ecuador’s modern history began on Jan. 7. In quick succession, two jailed gang leaders escaped, riots broke out in the country’s main prisons and bombs exploded in several cities. Watching the chaos unfold on their phones and televisions, Ecuadoreans were gripped by an unfamiliar fear. The streets of Guayaquil, the largest city, and Quito, the capital, were nearly empty as citizens were advised to stay home. As all of these frightening and very real events occurred, an overwhelming flood of disinformation on social media further disoriented the nation.

Persons: Daniel Noboa, Fernando Villavicencio Locations: Guayaquil, Quito, Ecuador

☆ Brick-Filled Boxes. Bogus Receipts. Retailers Battle Fraudulent Returns.
▼ + stars: | 2024-01-13 | by ( Liz Young | ) www.wsj.com time to read: 1 min

The pandemic has changed the way we shop. More people buying things online means more people returning things, too. WSJ’s Dalvin Brown explains how some companies are leveraging gig workers to make those returns for you. Photo illustration: David FangSome companies processing returned televisions for retailers have gotten a surprise when opening the boxes—packaging filled with bricks rather than newly purchased TVs. Others examining returned purchases of purported luxury goods are instead finding counterfeits sent in by customers looking for refunds on full-price, deluxe merchandise.

Persons: WSJ’s Dalvin Brown, David Fang, counterfeits

☆ The ‘Happy Dream’ of Running a Circus
▼ + stars: | 2024-01-13 | by ( Marty Lasalle | ) www.wsj.com time to read: +1 min

When people ask me what I do for a living, and I tell them I run a circus, I’m usually met with an eye-roll and some quip like, “Yeah, so do I…” And then there’s an amusing moment when I insist, “No, I’m the actual CEO of the Big Apple Circus.”There’s no denying that this is a tricky time to be running a circus. At times it feels like a struggle to get anyone out to see something that can seem as old-timey as the circus. The last few years have not been kind to the American circus industry. In the period after the financial crisis, Big Apple’s board made valiant efforts to keep the circus afloat, but in 2016, it declared bankruptcy. This was followed by the discontinuation of The Greatest Show on Earth in 2017 and Cirque du Soleil’s bankruptcy in 2020.

Persons: I’m, ”, Covid Organizations: Big Apple

☆ From transparent TVs to ChatGPT-powered pet companions, here’s some of the buzziest tech of CES 2024
▼ + stars: | 2024-01-11 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +10 min

Here’s a look at some of the buzziest products announced this week:Loona companion robot is the world's first consumer robot equipped with ChatGPT AI technology. From Beijing KEYi Technology Co. Ltd.AI companionsAI companions are one of the biggest trends to emerge from the show this year. Samsung’s buzzy Ballie robot, which was first shown off at CES in 2020, received a refresh. BaracodaAI task robotsBeyond companions, AI has made its way into nearly every appliance and gadget you could think of this year. LG was one of the first leaders in transparent TVs; one of its earlier prototypes impressed the show floor back in 2020.

Persons: it’s, Loona, Rosie, Samsung’s, Dipanjan Chatterjee, ”, Volkwagen, Mercedes Benz, Chatterjee, ” Honda, VinFast, “ There’s, Jon Erensen, EssilorLuxottica, Francesco Milleri, Evie, Steve Jobs, Cook, Christoph Dernbach, “, Jitesh Ubrani, ” Ubrani, CNN’s Peter Valdes, Dapena Organizations: CNN — Tech, Consumer Electronics, Beijing KEYi Technology, ., LG, CES, Forrester Research, Walmart, Nvidia, AMD, Honda, VinFast, Fiat, Samsung, Gartner, Media, Apple Vision, Steve, Apple, IDC, Sony, Qualcomm Locations: Las Vegas, Beijing, USA, Cupertino, Cupertino ., Apple's, United States

NEW YORK, Nov 27 (Reuters) - A record amount of price-pinched holiday shoppers are expected to use buy now, pay later services for Cyber Monday to relieve stress on their wallets, according to Adobe Analytics. [1/2]A worker sorts products during Cyber Monday at the Amazon's fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2023. The buy now, pay later firm saw a 29% increase in orders placed by U.S. shoppers on Black Friday, with some of the most popular items being personal electronics, televisions and kitchen appliances. It's become really, really, really popular," said Dan Dolev, an analyst at Mizuho Securities. Average basket sizes for buy now, pay later orders on Black Friday declined 32% compared to last year, according to a report from Quantum Metric, a sign that shoppers aren't making as big of purchases this year.

Persons: Klarna, BNPL, Mike Segar, It's, Dan Dolev, Arriana McLymore, Deborah Sophia, Juveria Tabassum, Aurora Ellis Organizations: Adobe Analytics, Shoppers, REUTERS, Mizuho Securities, Black, Thomson Locations: Robbinsville , New Jersey, U.S, New York City, Bengaluru

☆ Premarket stocks: How the ‘Black Ceiling’ is holding some professionals and the economy back
▼ + stars: | 2023-11-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

In his new book “The Black Ceiling” Woodson, a former attorney, sheds light on systemic issues within elite professional settings and the broader economic repercussions that come from underutilizing and marginalizing talented Black professionals. Woodson spoke with more than 100 Black professionals about what he calls the Black ceiling — a significant barrier that impedes career progression and creates stigma and anxiety in the workplace. Racial discomfort encapsulates the sense of unease that a lot of Black professionals experience working in elite white work settings. Selective punitiveness is the widespread perception that Black professionals get treated especially harshly when they make mistakes. Firms need to train their personnel, especially their senior white professionals so that they don’t judge junior Black professionals adversely for these challenges.

Persons: Kevin Woodson, ” Woodson, Woodson, Bell, it’s, who’ve, Kim Schmidt, they’re, that’s, doesn’t, It’s, Eva Rothenberg, ” Grant Gustafson, Corie Barry, “, ” Barry, Nathaniel Meyersohn Organizations: CNN Business, Bell, New York CNN — Corporate America, University of Richmond School of Law, Elite, Sensormatic, Black, Adobe, Retailers Locations: New York, underutilizing, DC

☆ Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last year
▼ + stars: | 2023-11-25 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Black Friday's spending spike reflects a consumer who is more willing to spend than in 2022, when gas and food prices were painfully high. Pandya noted that impulse purchases may have played a role in the Black Friday growth since $5.3 billion of the online sales came from mobile shopping. A Mastercard analysis of this year's Black Friday sales found that in-store sales rose just over 1% versus online sales, which grew by over 8% compared to last year. Black Friday kept the momentum going from the day before on Thanksgiving when online sales totaled $5.6 billion, according to a prior Adobe analysis. The report forecasts that online shoppers will spend roughly $10 billion over the course of Saturday and Sunday, and a record $12 billion on Cyber Monday.

Persons: they're, Vivek Pandya, Pandya Organizations: Woodbury, Adobe Analytics, Adobe Digital, Adobe, Mastercard, Target Locations: Lacoste, Central Valley , New York, U.S

☆ Energized shoppers break one-day holiday sales record
▼ + stars: | 2023-11-25 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +3 min

CNN —Whether they jostled through brick-and-mortar stores or toggled between tabs and virtual carts, holiday shoppers were eager to participate in Black Friday this year. Both in-store and online retail sales increased year-over-year unadjusted for inflation, according to Mastercard’s SpendingPulse insights, which noted that apparel, jewelry and restaurant categories saw considerable spikes. Most shoppers did their browsing and buying on their phones, with mobile purchases accounting for $5.3 billion in sales. E-commerce platform Shopify also reported record sales totaling more than $4 billion worldwide, 22% higher than last year. As holiday shopping ramps up ahead of Christmas, analysts predict a busy time for retailers over the next few weeks.

Persons: ” Grant Gustafson, Sensormatic Organizations: CNN, Sensormatic, Black, Adobe

[1/6] People load up their newly purchased items from Best Buy on Black Friday in Wheaton-Glenmont, Maryland, U.S., November 24, 2023. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. But at 6 a.m. on Friday at a Walmart in New Milford, Connecticut, the parking lot was only half full. "It's a lot quieter this year, a lot quieter," said shopper Theresa Forsberg, who visits the same five stores with her family at dawn every Black Friday. And the rise of online shopping has reduced the importance of Black Friday as a single-day event.

Persons: Leah Millis, Cowen, David Klink, Theresa Forsberg, Michael Brown, Kearney, Jeff Gennette, Jimmy Lee, there's, Bergdorf Goodman, Nordstrom, Oscar de, Carlos Araejo, Ruiz, It’s, ”, Paul Aheren, Puma, Siddharth Cavale, Helen Reid, Arriana McLymore, Katherine Masters, Andrew Hay, Bianca Flowers, Danielle Broadway, James Davey, Deborah Sophia, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: REUTERS, Shoppers, Huntington Private Bank, Walmart, Target, National Retail Federation, Garden, Insider Intelligence, Macy's, Adobe Analytics, Wealth Consulting, Amazon, Adobe, Nordstrom, “, Saks, Puma, Israel Football Association, IFA, Thomson Locations: Wheaton, Glenmont , Maryland, U.S, RALEIGH, N.C, New Milford , Connecticut, Paramus , New Jersey, Indianapolis, Israel, Palestine, United States, Dallas, Raleigh, Crabtree, Boston

☆ ‘Hollywood and the Movies of the Fifties’ Review: Wide-Screen Wonderland
▼ + stars: | 2023-11-24 | by ( Tom Nolan | Foster Hirsch | ) www.wsj.com time to read: +1 min

What was the greatest decade in the history of American movies? Buy Book Amazon Barnes & Noble Books a Million BookshopAs exhilarating as that span was, the movie industry itself was experiencing a number of crises. As Mr. Hirsch observes in “Hollywood and the Movies of the Fifties,” the government forced studios to sell their theaters on antitrust grounds, while increasing numbers of moviegoers stayed home to watch their new televisions. Creative types had provocative stories to tell, rousing the wrath of censors—even as congressional committees investigated the presence of Communists in the business. Mr. Hirsch, a professor of film at Brooklyn College and the author of many books, has written an entertaining survey of this productive and problematic period.

Persons: Foster Hirsch, Eve ”, “, Eden ”, —, Barnes, Hirsch Organizations: Foster Hirsch Knopf, Noble, Brooklyn College Locations: “ An American, Paris, “, Hollywood

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. In France, Italy, and Spain, most shoppers planned to buy clothing on Black Friday, with electronic goods coming second, according to a PwC survey. Thanksgiving Day discounts online peaked at about 28% for toys, while electronics had discounts as steep as 27%, Adobe said.

Persons: Shannon Stapleton, Cowen, Theresa Forsberg, “ It’s, ”, Jill Lizzo, she’s, “, I’m, Lizzo, PwC, hasn’t, Naomi Ojomo, Jeff Gennette, Barbie, John Roberts, Apple AirPods, Bergdorf Goodman, Nordstrom, Oscar de, Katherine Masters, Arriana McLymore, Helen Reid, Mimosa Spencer, Corina Pons, James Davey, Siddharth Cavale, Arriana, Deboarh Sophia, David Gaffen, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: Black, REUTERS, Shoppers, National Retail Federation, Insider Intelligence, Barclays, Macy's, Adobe Analytics, Adobe, Walmart, Argos, PlayStation, Apple, Thomson Locations: Westbury , New York, U.S, RALEIGH, N.C, New Milford , Connecticut, . U.S, Harlem, Manhattan, France, Italy, Spain, Zara, Canary Wharf, London, British, Paris, Madrid, New York, Raleigh , North Carolina, Bengaluru

☆ Best Black Friday Tech and Apple Deals 2023
▼ + stars: | 2023-11-22 | by ( Nick Guy | ) www.wsj.com time to read: +4 min

We always see great deals on gadgets for Black Friday and Cyber Monday, and this year is no exception. So whether you’re shopping for a smartphone, a computer, headphones or accessories, we have you covered with the best deals on tech. And we’ll be continually updating this story through the holiday shopping season with all the top, expert-vetted deals and best tech gifts worth buying as we find them. Headphone, speaker and music dealsA great pair of headphones, whether they be earbuds or noise-canceling on-ears, always make a great gift. TV and gaming dealsThe heavily-discounted TV is practically synonymous with Black Friday, even though truly great deals on televisions are often few and far between.

Persons: Nick Guy, Smarthome, We’ve, who’s Organizations: Apple, Apple Watch, Target, Alexa

☆ Want to pick a winning retail stock this holiday season? Watch for discounts and deflation
▼ + stars: | 2023-11-22 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +9 min

However, he added, they remain more upbeat compared with last holiday season and should spend more on gifts this year. According to FactSet, analysts anticipate there could be upside of more than 20% ahead, based on average price targets. The e-commerce giant is JPMorgan analyst Doug Anmuth's top pick for the holiday season. "We project US e-comm penetration at 23.4% of adj retail sales this holiday season, +90bps above the 22.5% in 2022," he said. "We think beauty has the potential to be a relevant gifting solution for cash-strapped consumers during the upcoming Holiday season," he said.

Persons: Chad Lusk, Alvarez, Lusk, Martis, LSEG, Inna Kuznetsova, Doug Anmuth's, Doug McMillon, Krisztina Katai, Katai, Michael Lasser, Ulta, Lasser, ToolsGroup's Kuznetsova, Marsal's Lusk, Michael Bloom Organizations: Shoppers, CNBC, Walmart, Target, Retailers, Centric Market Intelligence, Amazon, LSEG, JPMorgan, Deutsche Bank, Costco, UBS, Fed, Black Locations: Lusk, Ulta, Wayfair, Williams, Sonoma

☆ Where prices fell in October 2023 — in one chart
▼ + stars: | 2023-11-15 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Bloomberg | Bloomberg | Getty ImagesInflation continued its broad moderation in October, down significantly from pandemic-era highs that hadn't been seen in more than 40 years. Why some prices are deflatingwatch nowSome prices, like those for airline tickets and eggs, have also declined off record-high levels. Egg and airline ticket prices are down about 22% and 13% in the past year, according to CPI data. How measurement quirks affect pricesSome of the declines are due partly to measurement quirks. Consumers get more for roughly the same amount of money, which shows up as a price decline in the CPI data.

Persons: hadn't, Andrew Hunter Organizations: Bloomberg, Getty, Capital Economics, CNBC, U.S . Bureau of Labor Statistics, CPI Locations: New, U.S

☆ An Epic Pilgrimage Across Three Great Religions
▼ + stars: | 2023-11-09 | by ( Aatish Taseer | ) www.nytimes.com time to read: +111 min

Before there was tourism, there was pilgrimage: a trip of endurance, hardship and ecstasy in celebration of one’s faith. On an epic pilgrimage of his own, one writer ventures into the heart of three great religions in Bolivia, Mongolia and Iraq. The Imam Hussein shrine in Karbala the day after Ashura. “They’re poor, but they come thousands of kilometers for the love of Imam Hussein.” PILGRIMAGE WAS A great equalizer. “Labaik ya Hussein,” came the solemn chorus of surrounding voices.

Persons: Eduardo Quintela Gonzáles, ” Quintela, JAN, “, ”, Quintela, Victor, Edith Turner, Chaucer, ferne, sondry londes, Vaishno Devi, Lyra Skinner, Lyra, Victoria Preston’s, —, Prophet Muhammad, Virgin Mary, Bath, Naipaul, Augustus, Ryan, garret, Virgin, Monica Machicao, Nicholas Casey, ” Monica, Casey, Evo Morales, sloughing, Columbus, Cortés, Francisco Pizarro, Monica, glitzy cholets, Peru —, Viracocha, it’s, Pablo Quisbert, Leandro Chitarroni, Eichmann, Father Chitarroni, Father Chitarroni’s, Conquistadores ”, Fernando Cervantes, Bernabé Cobo, Quisbert, Edgar Quispe, Tatiana Huayhua, Francisco Tito Yupanqui, Mary, Yupanqui’s, su, Yupanqui, Chitarroni, she’s, Friar Abelino Yeguaori, Friar Yeguaori, Friar Yeguaori’s, Irene, Juana, hajji, Waka, Aracely Alcón, Santiago, Alcón, ‘, don’t, ” Alcón, Tito Yupanqui, Uma Marka, Pachamama, haggard, Amaru Fiorilo Barrios, he’d, ” Fiorilo, Fiorilo, who’d, Valeria Alcón, Laureano Jose Quisbert, Elena Ticona Flores, Eduardo Quintela’s, Ensamble, pang, padre, consolations, Sincrético, El, Rodrigo Paz Pereira, Axel, amauta, strode, La, Aatish Taseer, Saint Helena —, Constantine I, La Paz, Orgilbaatar Tsolmon, Orgil, Genghis Khan, Edward Gibbon, ” Orgil, Araniko’s, Kublai Khan, Genghis Khan’s, Kubla Khan, Coleridge, Kublai, Stalin, sybarite, Khamar, Dalai Lama, Lama, Christopher Kaplonski, ger, I’d, banshtai tsai, Prim, Egi, Munkhdul, Gandantegchinlen, Haidav, herder, “ Um sain, boltugai, Danzanravjaa, Zanabazar’s, Erdene, Mandakhtsog Monkhbaatar, Monkhbaatar’s, Dalai Lamas, prostrated, He’d, Zuu, she’d, Santiago de, L.K, Advani, Emperor Babur, Ram, kar sevaks, Ayodhya, Narendra Modi, Munkhbaatar Batchuluun, Henry Wallace, Franklin D, Potemkin, Munkhbaatar, Gerelmaa, Giimaa, She’d, Eduardo Quintela, Aracely, Santiago’s, Joseph Brodsky’s, Muhammad’s, Hussein, William Keo, ” Khuder, pillion, Labaik, Hussein ”, O Hussein, hearkened, Prophet, Ali —, Ali, Yazid, Imam, crackling, chickpeas, Imam Ali, Imam Hussein, Saddam Hussein, Tusi, Qasim, Imam Hussein’s, Khuder, “ Will, Najaf, prestes, — I, Yasir Yaseen, Ashura, Ali Akbar, Abbas, Ali Asghar, “ We’re, Francisco Goya’s, Hussein’s, Groom, Joseph, ” Wissam, Turfi, Saddam —, Arbaeen, Saddam, “ Imam Hussein, WE, Muhammad, Barnaby Rogerson, Prophet Muhammad ”, ” Ali, Muhammad — Muhammad, formlessness, Muqtada al, Abrams, chiding, Abu Musab Al, Zarqawi, Al Qaeda, William, “ They’re, Ayatollah Ali Khamenei, flagellants, ruddy, stylishly, Hussein — shahid —, Farman Ahsan, Syed Salman Raza —, Saddam’s, ” Raza, William “, Ali Zayn al, Abidin, Labaik ya Hussein, thrall —, Lloyd, Susanne Rudolph — Organizations: CITY LA, LA, LA PAZ, Virgin, Crusaders, Dolorosa, Sun, The New York Times, Bolivian, Spain, La, Cordillera, Universidad Mayor de, Catholic, Good, La Paz, Dominican, Pakistan, Caesars, Nissan, Coke, Communists, Communism, ardor, Communist, Hyundai, flails, sacra, Apache, Mahdi Army, Al, ISIS, Karachi —, Princeton Locations: Bolivia, Mongolia, Iraq, Aatish Taseer Bolivia Mongolia Iraq, CITY LA PAZ, BOLIVIA, NAJAF, IRAQ, ULAANBAATAR, MONGOLIA, LA PAZ, La Paz, Bolivian, Copacabana, Lake Titicaca, New York, Christian, British, sondry, India, Delhi, Varanasi, Europe, American, Mecca, Arabia, Long, Vino Tinto, Chile, Peru, Monica, Plurinational State, Bolivia —, Americas, Spain, Columbian, Aztec Mexico, Inca Peru, Calvary Hill, Virgen del Cerro, South America, Puerto Rico, Huatajata, ”, Argentine, Universidad Mayor de San Andrés, Mexican, revelry, Spanish, “, morena, La, “ India, multilayered, Potosí, Argentina, Warisata, Scotch, Santiago de Compostela, Kingdom of Saudi Arabia, Nepal, Nations, El Alto, Buenos Aires, Bombay, Tibet, Bolivia’s, Yamuna Rivers, United States, Buddhist Mongolia, Ulaanbaatar, Mongolian, Istanbul, Asia, Islam, China, Beijing, Dadu, Erdene Zuu, Soviet, Gobi, Los Angeles, gers, Qing China, Karnataka, Töv Province, Karakorum, Khamar, Erdene, Ukraine, Korea, Golden, Bayankhongor, Lhasa, Dalai, Inner Mongolia, Mongol, Nalaikh, Santiago, Santiago de Compostela and Canterbury, Bulgan Province, Somnath, Gujarat, Ayodhya, Uttar Pradesh, ger, East German, Uvs Province, Pakistani, Indian, Tennessee, Najaf, Baghdad, Khuder, —, abayas, KARBALA, Kufa, Medina, Saudi Arabia, Karbala, Imam Ali, Bab, Kuwaiti, Bohras, South Asia, Tajikistan, Zaydis, Yemen, Alawites, Anatolia, Syria, Iran, Bahrain, Azerbaijan, Sadr, U.S, Jordanian, Al Qaeda, Mesopotamia, Al, Multan, Pakistan, Punjab, Pakistan’s, Islamabad, Lahore, Kuwait, Karachi, Doha, Qatar

☆ Walmart’s given a major new look, and feel, to 117 stores. Here are the big changes
▼ + stars: | 2023-10-30 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +2 min

During the pandemic, customers were flocking to big box stores for all manner of stay-at-home gadgets, including huge televisions and exercise equipment. So Walmart said it re-opened 117 stores in 30 states at a cost of half a billion dollars to keep customers engaged and shopping throughout the store. Walmart has given a major new look, and feel, to 117 stores. WalmartThe makeovers are meant to modernize the look of a Walmart store and the experience in it, the company said. Walmart has given a major new look, and feel, to 117 stores.

Persons: it’s Organizations: New, New York CNN, Walmart, Target Locations: New York

☆ Chinese consumer stocks that analysts like for their global potential
▼ + stars: | 2023-10-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

"We expect Miniso to report another strong quarter in 1QFY24," Jefferies analysts wrote in an Oct. 24 report. Xiaomi shares are up more than 20% so far this year despite a more than 10% slump in the broader Hong Kong stock market. "We believe good shipment momentum and resilient margins could support a strong 3Q23," the Morgan Stanley report said. The analysts have an overweight rating on Xiaomi shares with a 15 Hong Kong dollar price target — up 11% from Friday's close. Shares of Transsion, not covered in the Morgan Stanley report, are up nearly 70% so far this year.

Persons: Miniso, Jefferies, Xiaomi, Morgan Stanley, Canalys, Morgan, Andre Chang, Chang, —, JD.com —, — CNBC's Michael Bloom Organizations: Hong Kong Locations: 1QFY24, China, New York, Hong Kong, Canalys, Friday's, Shanghai, Shenzhen, Africa, India, Morgan China

☆ Hurricane Otis caused 27 confirmed deaths and left 4 missing, Mexican authorities report
▼ + stars: | 2023-10-26 | by ( ) www.cnbc.com time to read: +5 min

Rodrigo Oropeza | Afp | Getty ImagesMexican authorities on Thursday gave the first human toll for Hurricane Otis' destruction along the country's Pacific coast: at least 27 dead and four missing. President Andrés Manuel López Obrador said at his morning news briefing that the deaths occurred around Acapulco, but provided few details. "We regret the 27 dead," López Obrador said. "The people sheltered, protected themselves and that's why fortunately there weren't more tragedies, loss of human life," López Obrador said. López Obrador shared details of only one death: He said one soldier was among the dead after a wall of his home collapsed on him.

Persons: Andres Manuel Lopez Obrador, Hurricane Otis, Rodrigo Oropeza, Otis, Andrés Manuel López Obrador, López Obrador, Jakob Sauczuk, Sauczuk, Pablo Navarro, Navarro, Isabel de la Cruz Organizations: Afp, Getty Images, Hurricane, Getty, National Guard, Mexico City Locations: Acapulco, Guerrero State, Mexico, Hurricane, Chilpancingo

☆ Boeing is making it easier to turn its smallest airliner into an enormous private jet — see how
▼ + stars: | 2023-10-26 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Boeing Business Jets announced a catalog of 144 pre-designed cabins for its BBJ MAX 7. The yet-to-be-certified BBJ MAX 7 is a smaller but longer-ranged version of the BBJ 737 MAX 8. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. These airliner-sized private jets are flying hotel rooms complete with bedrooms, showers, theaters, couches, dining rooms, and flatscreen televisions. But Boeing wants to make this process easier and cheaper for its smallest private jet variant, the BBJ MAX 7.

Persons: — Organizations: Boeing Business Jets, Service, Boeing Locations: American, Las Vegas

This year, officials in the South Korean capital said they would work with police, emergency services and local officials to ensure "not a single person gets hurt" during Halloween celebrations. The plan unveiled this week covers just Seoul, rather than the entire nation, he added. The Seoul anniversary has unnerved authorities elsewhere in the run-up to this year’s celebrations. "Officials have grown fearful of a disastrous crowd crush similar to the one in the Itaewon district in Seoul, South Korea," Shibuya city officials said in a statement. The safety campaign has involved a ban on street drinking over the Halloween weekend, while videos posted on social media urge: "On Halloween night, everyone should stay away from Shibuya."

Persons: Ahn, Paek Seung, Dogyun Kim, Jihyun Jeon, Jack Kim, John Geddie, Clarence Fernandez Organizations: Seoul City Hall, Cyber University of Korea, Thomson Locations: Gangnam district, Seoul City, Seoul, South Korea, SEOUL, Tokyo, Itaewon, Shibuya

☆ Men Accused of Stealing 2 Million Dimes Face Federal Charges
▼ + stars: | 2023-10-24 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

And then, somehow, more than two million dimes, worth nearly a quarter of a million dollars. The four thieves who federal prosecutors say were behind the robberies didn’t use the most sophisticated tactics. Four men now face several criminal charges, including theft of government money and robbery interfering with instate commerce, according to court documents unsealed last week. The defendants have “developed into a bona fide cargo theft and robbery crew” that used multiple vehicles to break into cargo trailers across the city this spring, federal prosecutors said in a court filing on Monday. In addition to refrigerators, tequila and dimes, they also stole — and in some cases tried to resell — televisions and frozen meat, shrimp and crab legs.

Persons: Jose Cuervo Locations: Philadelphia

☆ What Happens When an Artist’s Technology Becomes Obsolete?
▼ + stars: | 2023-10-17 | by ( Evan Moffitt | Daniel Terna | ) www.nytimes.com time to read: +2 min

Many of CTL’s clients are museums looking to restore works by a single artist, the video art pioneer Nam June Paik, who died in 2006. Known for his sculptures and room-size installations of flickering CRT monitors, Paik began visiting the shop in the 1970s on breaks from his studio in nearby SoHo. Paik’s work was on view, along with video works from dozens of other artists, in “Signals,” a sweeping exhibition at the Museum of Modern Art in New York earlier this year. Many pieces in the show, such as those in the video collectives section, played on boxy Sony CRT monitors, long favored by artists for their austere, stackable design, and which stopped being produced in the 2000s. “I had to tell security, ‘Pretend these are Donald Judds,’ because they’re basically priceless at this point.”

Persons: Tien Lui, Lui, Nam, Paik, ”, Stuart Comer, “, Donald Judds Organizations: CTL Electronics, Museum of Modern Art, eBay, MoMA Locations: Lower Manhattan, Taiwan, SoHo, New York

☆ Euro industrial output up in August, but sharply down year-on-year
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Phil Noble/File photo Acquire Licensing RightsBRUSSELS, Oct 13 (Reuters) - Euro zone industrial production rose by more than expected in August, data showed on Friday, as factories made more consumer goods although overall output was down by more than 5% from a year earlier. The European Union's statistics office Eurostat said industrial production in the 20 countries sharing the euro rose by 0.6% month-on-month in August for a 5.1% year-on-year decline. Output of non-durable consumer goods, such as food or clothing, rose by 0.5% for a second consecutive month. Compared with a year earlier, all types of production were some 5-7% lower, except for non-durable consumer goods, whose decline was 1.4%. The IMF cut its estimates for euro zone growth earlier this week to 0.7% in 2023 and 1.2% in 2024, from July forecasts of 0.9% and 1.5%.

Persons: Phil Noble, Philip Blenkinsop Organizations: REUTERS, Rights, Reuters, IMF, Eurostat, Thomson Locations: Chesterfield, Britain, Rights BRUSSELS

A woman pushes shopping carts during a sales event on Thanksgiving day at Walmart in Westbury, New York, U.S., November 28, 2019. In recent years, retailers like Amazon and Walmart have sought to boost their bottom lines and spread out demand by hosting holiday shopping events online in early October. Inflation remains a top concern for holiday shoppers, according to a KPMG survey, leading some to seek out deals on possible gifts. Walmart, which revealed discounts for its four-day Holiday Kickoff event at midday on Monday, posted deals on Dyson vacuums, HP (HPE.N) laptops and Apple (AAPL.O) products, much like Amazon and Target. The Target Circle event started nearly a week earlier than its October sales event in 2022.

Persons: Shannon Stapleton, Neil Saunders, Matt Kramer, Dyson, Arriana McLymore, Jamie Freed Organizations: Walmart, REUTERS, Black, Deloitte, Amazon, Deal, KPMG, KPMG Consumer, Retail National, U.S, HP, Apple, Target, Apple Watches, Thomson Locations: Westbury , New York, U.S, New York

I really do,” Lake told an adoring crowd of Michigan Republicans gathering last month on Mackinac Island. Lake will launch a U.S. Senate campaign for an Arizona seat in a splashy Scottsdale rally on Tuesday, having never conceded that she lost last year's race for Arizona governor. She is trying out new messages and courting the support of national Republicans she’s insulted in the past. That worries some Republicans who fear she will cost them a race that could decide control of the Senate. But Lake became a national figure on the far right with her television appearances and her defense of Trump's election falsehoods.

Persons: — Kari Lake, Who's, ” Lake, Republicans she’s, Donald Trump, Kari Lake, ”, Chris Baker, Kentucky Sen, Mitch McConnell, Lake, she's, Sen, Kyrsten Sinema, Sinema, Ruben Gallego, Steve Daines, Daines, Trump, Steve Bannon, John McCain, Katie Hobbs, Stephen Richer, Pinal County Sheriff Mark Lamb, Lake demurred, “, McConnell, Chuck Schumer, Schumer, It’s, Ted Cruz, ’, Steve Peoples, Linley Sanders Organizations: PHOENIX, Michigan Republicans, U.S, Senate, Arizona, Republicans, Kentucky, National Republican, GOP, U.S . Rep, Democratic, National Republican Senatorial Committee, “, Associated Press, AP VoteCast, Trump, Arizona Supreme, Republican, Arizona Republicans, Pinal County Sheriff, September's Republican, Democrats, AP, McConnell Locations: Michigan, Mackinac, Arizona, Scottsdale, an Arizona, Montana, Washington, California, America, ”, Phoenix, Iowa, Maricopa County, Pinal County, Ted Cruz of Texas, New York

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