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☆ Trump lashes out at financial monitor in business fraud case after she reports errors
▼ + stars: | 2024-01-29 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Donald Trump on Monday lashed out at the financial monitor overseeing the Trump Organization and urged a judge to fire her days after she reported a range of issues — and flagged a questionable $48 million loan — in the former president's New York civil business fraud case. New York Attorney General Letitia James has asked Engoron to order that Jones continue to monitor the Trump Organization for at least five years as part of his judgment in the case. Robert made that argument three days after Jones submitted a report to Engoron accusing the Trump Organization of providing incomplete, inconsistent or incorrect information about its financial disclosures. In a footnote in that report, Jones said she identified a loan between Trump himself and an entity related to Trump Chicago Tower that later turned out not to exist. She also seeks five-year bans with the same conditions for Donald Trump Jr. and Eric Trump, who took over the Trump Organization after their father became president in 2017.

Persons: Donald Trump, Barbara Jones, Trump, Arthur Engoron, Clifford Robert, Jones, Letitia James, Engoron, Robert, James, Donald Trump Jr, Eric Trump Organizations: Monday, Trump Organization, Manhattan, New York, Trump Chicago Tower, Trump Locations: York

☆ Amid anguished joy, ‘nothing is impossible’ for the Palestinian national soccer team on its Asian Cup adventure
▼ + stars: | 2024-01-29 | by ( Eoin Mcsweeney | ) edition.cnn.com time to read: +7 min

CNN —As the echoes of the final whistle rang out around the Abdullah bin Khalifa stadium in Doha, Qatar, Palestinian players celebrated with anguished joy last week. The historic sporting moment for Palestinians comes as Israel’s war against Hamas rages in Gaza, causing widespread destruction and initiating a catastrophic humanitarian crisis. The Palestinian Football Association says that, as of December 6, 55 football players are amongst the dead, including amateur and youth members. Some Palestinian national team footballers, like Saleh, have reportedly lost family members or have relatives and friends trapped in Gaza. Palestinian national team players observe the national anthems prior to the AFC Asian Cup Group C match between Iran and Palestine at Education City Stadium on January 14, 2024 in Al Rayyan, Qatar.

Persons: Abdullah, Oday, Israel, Rami Hamada, Mohamed Saleh, Mohammed Rashid, CNN’s Eleni Giokos, “, Hong Kong, ”, “ We’re, Rashid, Mohammed Saleh, Hector Retamal, Saleh, ” Rashid, there’s, “ They’ve, ” Mohammed Rashid of, Mohammad Mohebbi, Masashi Hara, Gianni Infantino, we’re, Robert Cianflone, Monday’s Organizations: CNN, Palestinian national soccer team, AFC Asian, Hong, Qatar, Iran, Palestinian, UAE, Group C, Janoub, Getty, Ministry of Health, Palestinian Football Association, West Bank, Palestinian soccer, Education City, FIFA, UEFA, Russian, Israel, Persib, “, Hamas Locations: Doha, Qatar, Palestinian, Gaza, Hong Kong, Hong, Palestine, Al, AFP, “, Ramallah, Israel, Iran, Al Rayyan, Ukraine, Persib Bandung, refence, Russia

An independent commission is investigating the October shootings that killed 18 people in a bowling alley and a restaurant in the worst mass shooting in Maine history. Janet Mills said the panel needs subpoena power, in part to access the shooter's military records. The judiciary committee could vote on the bill seeking subpoena power on Wednesday, a spokesperson for the committee said. Mills' proposal for subpoena power has the backing of the Democratic and Republican leaders of both houses of the Legislature. The independent commission investigating the shootings is expected to look into potential missed opportunities to prevent the shootings.

Persons: Janet Mills, Robert Card's, Mills, Billy Bob Faulkingham, Robert Card, Card, Aaron Frey, ” Mills, “, Jan Organizations: Democratic, Maine Legislature's, Judiciary, Republican, Maine Policy Institute, Sheriff's Office Locations: PORTLAND, Maine, Lewiston, New York, ”, Sagadahoc

Thursday on Wall Street, the S&P 500 added 0.4% to 4,894.16 and set a record for a fifth straight day. IBM helped lead the market with a gain of 9.5% after it reported a better profit for the latest quarter than analysts expected. The electric-vehicle maker reported earnings and revenue that fell short of forecasts and warned of lower sales growth this year. Such a resilient economy should drive profits for companies, which are one of the main inputs that set stock prices. On the losing end of Wall Street, Humana tumbled 11.7% after the insurer reported worse results for the end of 2023 than expected.

Persons: ” Robert Carnell, Seng, Tesla, ”, Jamie Cox Organizations: TOKYO, Nikkei, Bank of Japan, ING, Dow Jones, Nasdaq, IBM, U.S ., Federal Reserve, Harris Financial, Treasury, . American Airlines, Humana, New York Mercantile Exchange, Brent Locations: U.S, Asia, Pacific, Shanghai, Australia, Wall

A court filing shows that Giuliani owes more than $1.3 million to the law firm Davidoff Hutcher & Citron. The lawyer Robert Costello sued Giuliani in September for $1.36 million in unpaid legal fees dating to 2019. Giuliani had planned to raise some of his legal defense money at two of Trump's properties, Andrew Giuliani previously said. "Yes, I gave Rudy $100,000 for his legal defense PAC and I was happy to do so," Elizabeth Ailes told CNBC. And the real estate investment firm Probity International, which is run by Trump donor Robert Zarnegin, gave $35,000 to the Giuliani PAC.

Persons: Rudy Giuliani, Donald Trump's, Andrew Giuliani, Caryn Borland, Giuliani, Borland, Caryn Hildenbrand, Caryn, Hildenbrand, Michael, Trump, Mike Pence, Caryn Borland's, Joe Biden, Davidoff Hutcher, Citron, Robert Costello, Elizabeth Ailes, Roger Ailes, Rudy, Ailes, Newsmax, Roger, Elizabeth, Donald Trump, Lewis Topper, Robert Zarnegin, Arnold Gumowitz, Andrew Giuliani's, Matthew Martorano, Martorano Organizations: New York, U.S, CNBC, Living Trust, Trump, Internal Revenue Service, The New York Times, Giuliani, Voting Systems, Washington , D.C, PAC, Fox, Fox News, Businessman, Probity International, Giuliani PAC, Trump Save America Locations: Washington , U.S, del Mar , California, Georgia, Washington ,, Bedminster

☆ Oxford, Michigan, school shooter’s parents on trial: Cases will test limits of who’s responsible for a mass shooting
▼ + stars: | 2024-01-25 | by ( Eric Levenson | ) edition.cnn.com time to read: +9 min

CNN —The parents of Ethan Crumbley, the teenager who in 2021 opened fire at his high school in Oxford, Michigan, are set to go on trial for manslaughter in a case that will test the limits of who is responsible for a mass shooting. Opening statements in Jennifer Crumbley’s trial are set for Thursday, and James Crumbley’s trial is tentatively scheduled to start March 5. They also say the parents did not mention the gun to school officials in a meeting to discuss Ethan’s disturbing drawings just hours before the fatal shooting. According to a prosecution filing from last year, Jennifer Crumbley “placed blame” on her husband in the shooting, leading to the split. Jennifer Crumbley later posted on her social media, “mom and son day testing out his new Christmas present,” prosecutors said.

Persons: Ethan Crumbley, James, Jennifer Crumbley, Jennifer Crumbley’s, James Crumbley’s, “ It’s, ”, Misty Marris, it’s, “, Marris, James Crumbley, Jennifer Crumbley “, Ethan, Jennifer Crumbley texted, Robert Crimo Jr, Frank Vandervort, ” Vandervort, you’ve, Joey Jackson, don’t Organizations: CNN, University of Michigan Law School Locations: Oxford , Michigan, Oxford, Chicago, Highland Park , Illinois, Illinois, Virginia

☆ Native American communities have the highest suicide rates, yet interventions are scarce
▼ + stars: | 2024-01-22 | by ( Cheryl Platzman Weinstock | Kff Health News | ) edition.cnn.com time to read: +12 min

He spent more than a week in an inpatient mental health unit, but once home, he was offered sparse mental health resources. Despite decades of research into suicide prevention, suicide rates among Indigenous people have remained stubbornly high, especially among Indigenous people ages 10 to 24, according to the CDC. Experts say that’s because the national strategy for suicide prevention isn’t culturally relevant or sensitive to Native American communities’ unique values. Several tribal communities are attempting to implement a similar system in their communities, said Cwik. Pamela End of Horn, a social worker and national suicide prevention consultant at IHS, said the Department of Veterans Affairs “has a suicide coordinator in every medical center across the U.S., plus case managers, and they have an entire office dedicated to suicide prevention.

Persons: Amanda MorningStar, “, ”, MorningStar, Ben, Ben MorningStar, Mary Cwik, ” Cwik, Joseph P, Gros, Stephen O’Connor, Teresa Brockie, Brockie, Fort Belknap, It’s, Cwik, Pamela, Department of Veterans Affairs “, Robert Coberly, Coberly, Dr, Sanjay Gupta, ” Ben MorningStar Organizations: Health, Blackfeet, Centers for Disease Control, Montana Budget, Policy, . Montana, CDC, Indian Health Service, IHS, Center, Indigenous Health, Johns Hopkins Bloomberg School of Public Health, Harvard University, Division of Services, Intervention, National Institute of Mental Health, ”, NIMH, National Institutes of Health, Mental Health Services Administration, Johns Hopkins School of Nursing, American Public Health Association, Department of Veterans Affairs, Oglala Lakota, Rural Behavioral Health Institute, CNN, CNN Health, Kaiser Health, KFF Locations: Heart Butte , Montana, United States, Heart Butte, Baltimore, Montana, Fort, Aaniiih, Fort Peck, Peck, Arizona, U.S, South Dakota, Tulalip, Washington

☆ Opinion: Our possibly short national nightmare
▼ + stars: | 2024-01-21 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

“My fellow Americans, our long national nightmare is over,” President Gerald Ford said. “Our campaign is the last best hope of stopping the Trump-Biden nightmare,” the former UN ambassador said. If not, it won’t be as protracted a “national nightmare” as the two-year-long Watergate scandal that put Gerald Ford in the Oval Office. Though, depending on your point of view, the real nightmare could begin after the swearing-in. Yet, John Avlon wrote, Trump and some members of the House GOP, want to tank an emerging compromise in the Senate that would couple border security measures with aid to Ukraine.

Persons: CNN —, Richard Nixon, “, Gerald Ford, Ford, Gerald Ford’s, Nikki Haley, Joe Biden, Donald Trump, Clay Jones, we’ll, Haley, MAGA, ”, Frida Ghitis, Trump, ” Haley, ” Trump, Patrick T, Brown, Daniel McCarthy isn’t, Donald Trump’s, Ron DeSantis, Vivek Ramaswamy, ” Nick Anderson, Biden isn’t, Dean Phillips, Cupp, Biden, ” Dana Summers, Karen Finney, Robert E, Lee, ” Finney, ’, Keith Magee, Julian Zelizer, Trump Samuel L, Adams, King David Border, Adolf Hitler, “ Mein, Paul Moses, Edward Alsworth Ross, Moses, Ross, … ”, — Hitler’s, It’s, who’ve, John Avlon, Scott Stantis, Mike Johnson, Alice Driver, Greg Abbott’s, Jean Carroll, Bill Bramhall, News Trump, Carroll, Danielle Campoamor, “ Carroll, —, she’s, Shawn Crowley, Robert C, Gottlieb, ” “, Jack Ohman, Gerald Auten, David Splinter, Jordan McGillis, Thomas Piketty, Emmanuel Saez, Gabriel Zucman, McGillis, Melissa Kearney, ” Elise Gould, Josh Bivens, ” Elisabeth Kendall, Peter Bergen, ” Kendall, Sheena McKenzie, Izzeldin Abuelaish, Peter Rutland, Israel ’, Nafees Hamid, Walt Handelsman, Sara Stewart, Katherine Heigl, Jill Filipovic, Jeremy Allen White, J, Chen, Suzanne Nossel, Jade McGlynn, Holly Thomas, Estee Lauder, mascara, don’t, ” Thomas Organizations: CNN, Netflix, Trump, Biden, UN, New, Republican, Florida Gov, South Carolina Gov, GOP, Democratic, New Hampshire, Agency, Aggression, CNN Town Hall, American Sociological Association, ”, ified GOP, Texas Gov, News, Brookings, Social, Administration, US, Cambridge University’s Girton College, Wesleyan University, Palestine, Times Locations: Republic, Iowa, New Hampshire, Minnesota, New, Virginia, North Carolina, mealtimes, curriculums, America, Ukraine, New York, Manhattan, Yemeni, Red, Gaza, Israel, Americas

☆ Why North Korea Is Offering New Reasons to Worry - The New York Times
▼ + stars: | 2024-01-17 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

The globe is already pockmarked with crises, and here may be another: North Korea is acting in highly unusual ways, leading some veteran analysts to fear it is preparing a surprise attack on South Korea and perhaps on Japan and Guam as well. I’ve seen many false alarms since I began covering and visiting North Korea in the 1980s. But one of those experts is Robert Carlin, who has been analyzing North Korea for 50 years for the C.I.A., State Department and other organizations. Carlin and Hecker published their warning in an essay on the 38 North website, which focuses on North Korea. They raised the possibility that North Korea might use its nuclear warheads to strike the region (it’s not clear if its warheads could reach the United States and survive re-entry into the atmosphere).

Persons: Kim Jong, Robert Carlin, Siegfried Hecker, Carlin, Hecker Organizations: State Department, Stanford, North Locations: North Korea, South Korea, Japan, Guam, Korea, United States

Read previewThe Food and Drug Administration on Friday cleared the way for Florida's first-in-the-nation plan to import lower-priced prescription drugs from Canada, a long-sought approach to accessing cheaper medications that follows decades of frustration with U.S. drug prices. Ron DeSantis signed the plan into law in 2019, but it required federal review and approval by the FDA, which controls prescription drug imports. "These proposals must demonstrate the programs would result in significant cost savings to consumers without adding risk of exposure to unsafe or ineffective drugs," FDA Commissioner Dr. Robert Califf said in a statement. Health officials there previously have suggested their country's prescription drug market is too small to have any real impact on U.S. prices. The U.S. has long had the highest prescription drug prices in the world, with essentially no government limits on what companies can charge.

Persons: —, Florida's, Ron DeSantis, Joe Biden, Donald Trump —, Robert Califf, DeSantis Organizations: Service, Drug Administration, Business, Republican Gov, FDA, Democratic, U.S, Trump, Health Locations: Canada, Mexico, U.S

☆ Purdue mess pits drug victims against due process
▼ + stars: | 2023-12-05 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

That’s the dilemma currently facing the parties involved in the case regarding Purdue Pharma, including states, individuals, and the company’s founding Sackler family. According to the lawsuit, the family withdrew $11 billion from Purdue, but only contributed $6 billion to the settlement. Side with the DOJ, and the Supreme Court could clean up the bankruptcy process that often shields individuals and companies. For now, though, either the victims of the opioid epidemic will have to wait, or those wanting to end bankruptcy shields will. Follow @rob_cyran on XCONTEXT NEWSThe Supreme Court heard arguments on Dec. 4 over whether to approve the Purdue Pharmaceuticals bankruptcy agreement.

Persons: Sackler, Elena Kagan, Neil Gorsuch, Kagan, Gorsuch, Brett Kavanaugh, They’ve, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, U.S, Supreme, Purdue Pharma, U.S . Department of Justice, Purdue, Liberal, DOJ, Purdue Pharmaceuticals, Thomson

☆ Amazon’s space dreams deserve to be grounded
▼ + stars: | 2023-12-01 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

Founder, Chairman, CEO and President of Amazon Jeff Bezos unveils his space company Blue Origin's space exploration lunar lander rocket called Blue Moon during an unveiling event in Washington, U.S., May 9, 2019. REUTERS/Clodagh Kilcoyne - RC153E11B8F0 Acquire Licensing RightsNEW YORK, Oct 16 (Reuters Breakingviews) - Amazon.com’s (AMZN.O) Project Kuiper is a misguided technological marvel. A recent U.S. government report warned that space junk from currently planned networks could start regularly falling back to Earth by 2035. Facing an uncertain payoff and the possibility that its efforts will burn up on reentry, Amazon’s best move is bowing out of a futile space race. The $1.3 trillion technology company plans to eventually launch over 3,200 satellites into low-earth orbit to provide high-speed internet globally.

Persons: Amazon Jeff Bezos, Clodagh, Jeff Bezos, SpaceX’s, Andy Jassy, Bill Gates, SpaceX honcho Elon Musk, OneWeb, Jonathan Guilford, Sharon Lam, Aditya Sriwatsav Organizations: Amazon, REUTERS, Reuters, SpaceX, Reuters Graphics Reuters, Kuiper, Eutelsat Communications, Origin, Thomson Locations: Washington , U.S, Bezos, China

☆ Competition will make obesity drugs successful
▼ + stars: | 2023-12-01 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

In an interview with the Financial Times, he proposed spreading reimbursements over time if the medication proves to be successful. There’s some practical grounding in that solution, but the path of other similar drugs suggests that a competitive market is a better way to make it successful. Snag is, the drugs cost several thousand dollars per patient annually, even after discounts. Medicare, which covers 66 million seniors, can’t pay for weight loss drugs under current law. While it makes more sense for insurers or governments to pay over time if the drugs benefits last, schemes like the one that Jørgensen suggests can only do so much.

Persons: Lars Fruergaard Jørgensen, Jørgensen, “, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, Novo Nordisk, Financial Times, Centers for Disease Control, Prevention, North Carolina, The New England, of Medicine, Employers, Thomson Locations: U.S, The, United States, Danish

☆ Saks and Neiman Marcus are better together
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

The signage outside the Neiman Marcus store is seen during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 19, 2020. REUTERS/Jeenah Moon Acquire Licensing RightsNEW YORK, Dec 1 (Reuters Breakingviews) - Saks Fifth Avenue and Neiman Marcus might be headed down the aisle. The two luxury retailers are in talks to merge, according to the Wall Street Journal on Friday. By joining forces, Saks and Neiman would have more power negotiating with vendors and ability to control costs. Saks and Neiman are destined to match up.

Persons: Marcus, Neiman Marcus, Neiman, Jennifer Saba, Robert Cyran, Aditya Sriwatsav Organizations: REUTERS, Reuters, Saks Fifth, Wall, Saks, HBC, Dallas, Ares Management, Plan Investment Board, Bain, Neiman, X, Barclays, Thomson Locations: New York City, U.S, Canada

☆ Dashing Through These Films
▼ + stars: | 2023-12-01 | by ( Elisabeth Vincentelli | ) www.nytimes.com time to read: 1 min

The most fun entry on the BET+ slate is Terri J. Vaughn’s comedy about friendship. When Wyvetta (Tichina Arnold, from “The Neighborhood”) is dumped at the altar on Christmas Eve, she and her supportive bestie Dione (Tami Roman) publicly swear off romance on their podcast. Um, did these two women really intend to remain chaste for the rest of their lives? Filmed largely in Atlantic City, this breezy movie benefits from Arnold and Roman’s believable camaraderie. And we could have used a lot more of Michael Colyar and Jackée Harry as Wyvetta’s forbearing parents.

Persons: Terri J, Tichina Arnold, Dione, Tami Roman, Clarence, Robert Christopher Riley, —, Arnold, Michael Colyar, Harry, Wyvetta’s Organizations: BET Locations: Atlantic City

Atlanta CNN —Former President Donald Trump’s attorneys in the Georgia election subversion case are set to defend their client in a Fulton County courtroom for the first time on Friday as they try to have the charges thrown out on First Amendment grounds. This is the first time Trump’s attorneys will appear in court in the Fulton County case, though their client won’t be with them. Trump hasn’t yet been in the Atlanta courthouse – he previously waived his right to an arraignment hearing – though he was processed at the Fulton County jail in late August. She used a similar legal strategy in a 2014 RICO case in Fulton County, according to a source familiar with the matter. Despite his mounting legal debt and the fact that he is almost 80, sources close to Giuliani said he intends to fight the Georgia case.

Persons: Donald Trump’s, Trump, ” Drew Findling –, Steven Sadow, Jennifer Little, Sadow, “, ” Sadow, Scott McAfee, Kenneth Chesebro, Sidney Powell, Chesebro, Powell, McAfee, Trump’s, Fani Willis, ” Willis, Jack Smith, Smith, ”, Willis ’, Eastman, John Eastman, Fulton, Donald Trump, Willis, Mark Meadows, Jeffrey Clark, Clark, Meadows, ” “, Bob Cheeley, Cheeley, Robert Cheeley, Cheeley’s, Buddy Parker, Rudy Giuliani –, haven’t, Giuliani, Allyn Stockton Jr, David Shafer, ” Shafer, Rudy Giuliani’s, Robert Costello, Giuliani groped, CNN Giuliani, Brian Tevis, David Wolfe, CNN’s Paula Reid, Evan Perez, Marshall Cohen Organizations: Atlanta CNN —, Trump, United, Fulton, Republican, Prosecutors, Washington Post, “, U.S, CNN, Trump Trump, Trump White House, Secret, Justice, Appeals, DC, Georgia’s, Senate, Atlanta Public Schools, Georgia Republican Party, Georgia State Senate, Electoral College, New, Atlanta Locations: Georgia, Fulton, Atlanta, United States, Fulton County, Washington , DC, Meadows, ” Meadows, Washington, Trump, State of Georgia, New York, Aidala, Stockton, Rabun County

☆ Asia shares start Dec on cautious note, oil nurses losses
▼ + stars: | 2023-12-01 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.5% after a surge of 7.3% last month, the most since January. The Federal Reserve's preferred gauge of inflation - the personal consumption expenditures (PCE) price index - stood unchanged for October, while consumer spending also pulled back. Fed funds futures imply rate cuts of 115 basis points. The yield on 10-year Treasury notes slipped 3 basis points in Asia to 4.3264%, on top of a plunge of 52.2 basis points for the month. Two-year Treasury yields fell 4 basis points to 4.674%.

Persons: Tyrone Siu, sharemarkets, HSI, Rodrigo Catril, Jerome Powell's Q, Waller, Robert Carnell, Christopher Waller, Treasuries, Stella Qiu, Jamie Freed Organizations: REUTERS, Tyrone, Rights, Japan's Nikkei, National Australia Bank . Regional, Federal, Traders, ING, Fed, South Korean, Philippine, Brent, West Texas, Thomson Locations: Exchange, Hong Kong, China, Europe, U.S, Asia, Pacific, Japan, South

As technology titans jockey to back hot new startups, they are extracting explicit or implicit promises of revenue in return. loadingMicrosoft’s injection of $10 billion into OpenAI in January helped kick off the craze. As part of their deal, the ChatGPT operator agreed to exclusively use its new investor’s cloud computing services. Much of the invested capital should be returned relatively quickly as AI firms buy back-end services. Nvidia (NVDA.O) has at least 80% and as much as 95% of the AI market, according to estimates by analysts.

Persons: Sam Altman, Satya Nadella, OpenAI, Optimists, cynics, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Streisand Neto Organizations: Reuters, Microsoft, Financial Times, Apple, Nasdaq, Big Tech, OpenAI, Wall Street, Google, Reuters Graphics Reuters, Cisco Systems, Lucent Technologies, Nortel Technologies, Company, Global, Telecom, Nortel, Network, Nvidia, Thomson Locations: OpenAI, Silicon Valley

Tokyo and Hong Kong fell while Shanghai, Seoul and Sydney gained. U.S. futures and oil prices edged higher. Meanwhile, the broader economy has remained strong enough in the face of rising interest rates and inflation to avoid a recession. The Hang Seng in Hong Kong slipped 0.8% to 17,381.14. The yield on the 10-year Treasury, which influences interest rates on mortgages and other loans, fell to 4.38% from 4.47% late Friday.

Persons: ” Robert Carnell, Min Joo Kang, Sensetime, Grizzly, Kospi, Australia's Organizations: Sydney, Conference, FactSet, Federal, Federal Reserve, U.S, ING Economics, Nikkei, Grizzly Research, Hong Kong Stock Exchange, Dow Jones, Nasdaq, Treasury, New York Mercantile Exchange, Brent, Investors, U.S . Locations: BANGKOK, Asia, Tokyo, Hong Kong, Shanghai, Seoul, China

☆ Amazon’s shipping splurge delivers payoff
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +2 min

A worker sorts products during Cyber Monday operations at the Amazon's fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2023. In 2016, before its in-house logistics initiative took off, global shipping costs tallied about $16 billion, with customers covering about half. Last year, the total expense was about five times higher. Moreover, higher turnover means higher profit, especially from ancillary services such as advertising. And that’s before the generally lucrative holiday season, which should bring Amazon shareholders some more upbeat shipping news.

Persons: Robert Cyran, Julius Baer’s, Warren Buffett, Jeffrey Goldfarb, Sharon Lam Organizations: Reuters, UPS, FedEx, Wall Street Journal, Services, Shipping, Amazon, X, Thomson Locations: Robbinsville , New Jersey, U.S, America, China

☆ Pack your jerseys. The era of 'sports tourism' is here
▼ + stars: | 2023-11-27 | by ( Randy Mulyanto | Marylou Costa | ) www.cnbc.com time to read: +6 min

Sports tourism, as it's called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization. "The sport tourism market will continue as long as new opportunities to play and compete exist," she said. Justin Setterfield | Getty Images Sport | Getty ImagesFor some countries, these events are an opportunity to raise their international standing. Patrick Smith | Getty Images Sport | Getty ImagesTravel + Leisure Co. and Sports Illustrated Resorts announced plans to open a network of sports-themed resorts in American college towns. Ryan Pierse | Getty Images Sport | Getty Images

Persons: Lisa Delpy Neirotti, George, Neirotti, Delpy, Justin Setterfield, Cristiano Ronaldo, Dustin Johnson, Saudi Crown Prince Mohammed bin Salman, Delpy Neirotti, Lewis Hamilton, Kym Illman, Jay Wardle, Narendra Modi, Robert Cianflone, Gianni Infantino, Major League Baseball —, Patrick Smith, GetYourGuide, Ryan Pierse Organizations: Summer, Games, Sports, United Nations World Tourism Organization, George Washington University's, Management, Sport, Padres, NFL, MLB, FIFA, Getty, CNBC Travel, Saudi Crown, Fox News, Adara, ICC Men's Cricket, The Bank of Baroda Economics Research, Narendra, MotoGP, Rugby, Las Vegas, Companies, Major League Baseball, Sports Illustrated Resorts, University of Alabama —, McLaren Technology, U.S ., CNBC, Olympic Games, Olympic Locations: Mexico City, Germany, London, Brisbane, Australia, Saudi Arabia, China, Qatar, Singapore, India, New Zealand, Indonesia, France, United States, Tuscaloosa , Alabama, U.S, New York

☆ Opinion | Who Was the Real ‘Shaved Woman of Chartres’?
▼ + stars: | 2023-11-25 | by ( Valentine Faure | ) www.nytimes.com time to read: +1 min

In August 1944, in a city near Paris, Robert Capa took a photograph of a woman cradling a baby in the middle of a jeering crowd, her head shaved and her forehead marked with a swastika. A novel released in France this summer has reinvented her once again, this time as a woman scorned. It’s a reinvention that is a disservice to the complicated truth about Ms. Touseau and her and other Frenchwomen’s deliberate collaboration with the Nazis. A reality we should contemplate frankly if we’re to have a proper accounting of the history of the war in France. The photograph, “The Shaved Woman of Chartres,” with the young Ms. Touseau at its center, was understood for a long time as a document of the brutal purges that took place during the liberation of France at the end of World War II.

Persons: Robert Capa, Simone Touseau, Touseau Locations: Paris, France, Chartres, ”

BANGKOK (AP) — Shares declined Friday in Asia, with Hong Kong's benchmark retreating on selling of property shares following recent gains. Japan reported its consumer inflation rose for the first time in four months, with big gains in food prices and hotel rates as tourism has soared. Political Cartoons View All 1265 ImagesChinese shares fell back after recent gains driven by expectations of more government support for debt-burdened property developers. On Thursday, European shares edged higher in thin trading. Britain’s FTSE 100 edged 0.2% higher to 7,483.58.

Persons: ” Robert Carnell, Min Joo Kang, Korea's, Germany’s DAX Organizations: —, Bank of, ING Economics, Nikkei, CAC, Dow, Nasdaq, Black, Walmart, Saks Fifth, Federal, New York Mercantile Exchange, Brent, U.S Locations: BANGKOK, Asia, Japan, Hong Kong, Shanghai, Australia, Bangkok, Paris

NEW YORK, Nov 20 (Reuters Breakingviews) - Microsoft (MSFT.O) boss Satya Nadella’s stressful weekend is probably only the beginning. A lack of corporate governance protections left Nadella with few options to salvage his company’s $13 billion investment in OpenAI. As a 49% owner of OpenAI, Microsoft could have hedged itself by getting more directly involved in oversight. Recruiting Altman is at least a better outcome for Microsoft than standing by and watching him go to Google, a rival startup or opening his own AI shop. Money and salesmanship are two essential elements of developing AI, but so are the proper controls, risk management and strategic clarity.

Persons: Satya Nadella’s, OpenAI, Sam Altman, Altman, Reid Hoffman, Elon Musk’s, Satya Nadella, Greg Brockman, OpenAI’s, Brockman, Jeffrey Goldfarb, Sharon Lam Organizations: Reuters, Microsoft, Google, Altman, Thomson Locations: OpenAI

☆ Suzanne Shepherd, ‘Goodfellas’ and ‘Sopranos’ actor, dead at 89
▼ + stars: | 2023-11-19 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Suzanne Shepherd, veteran actress known for playing the mother of Edie Falco’s Carmela Soprano on “The Sopranos,” has died. A representative for Shepherd told CNN in a statement on Sunday that the actress had died at her home in New York City on Friday. A cause of death has not yet been determined, but Shepherd had been suffering from chronic obstructive pulmonary disease, according to her representative. The film was nominated for six Oscars, with Pesci taking home a statue for his performance in a supporting role. She appeared in 20 episodes of the mob drama as the mother of Carmela Soprano (Edie Falco) between 2000 and 2007.

Persons: Suzanne Shepherd, Edie Falco’s Carmela Soprano, ”, Shepherd, ” “, Aunt Tweedy, Julia Roberts, Vincent D’onofrio, Uncle Buck ”, Karen Hill, Lorraine Bracco, Robert De Niro, Joe Pesci, Ray Liotta, Pesci, Mary DeAngelis, ” , Carmela Soprano, Edie Falco, Ray Abruzzo, Robert Carlyle, Jeremy Piven, Maimie McCoy, Kate Shepherd, Miles McManus, Isabelle Shepherd Organizations: CNN, Hollywood, HBO, Warner Bros, “ Locations: New York City, “

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