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☆ Exclusive: GM snatches key Tesla gigacasting supplier
▼ + stars: | 2023-11-15 | by ( Norihiko Shirouzu | ) www.reuters.com time to read: +7 min

Tesla and TEI President Oliver Johnson did not respond to requests for comment. The specialists use sand casting in a process called rapid prototyping to help validate Tesla's designs and engineering specifications for its giant molds quickly and cheaply. According to all four sources, TEI began helping Tesla around 2017 to develop the Model Y and is considered in the industry to be one of the world's top sand casting specialists. "TEI will remain its own business entity with GM as its parent company," GM said. Reuters was unable to determine whether Tesla was one of the several companies that bid for TEI.

Persons: Joe Biden, Jonathan Ernst, Tesla, TEI, Oliver Johnson, Ford F.N, Elon Musk, TEI's Johnson, James Womack, Womack, David Clarke Organizations: Motors, REUTERS, Equipment, General Motors, GM, Ford, Hyundai, Toyota, Chief, Tesla's, Celestiq, American Foundry Society, GM's Global Manufacturing, Reuters, SEAT, Tesla, Massachusetts Institute of Technology, Thomson Locations: Detroit , Michigan, U.S, , Texas, Britain, Germany, Japan, TEI, Livonia, Detroit

Candace TaylorCandace Taylor is an editor and reporter covering luxury real estate for The Wall Street Journal. Prior to the Journal, she was a reporter and editor at the Real Deal, a real-estate trade publication. She has also worked at New York Magazine, the New York Sun and the New Haven Register. Candace graduated from Amherst College and has a master’s degree from Columbia University’s Graduate School of Journalism.

Persons: Candace Taylor Candace Taylor, Candace Organizations: Wall Street, Real, New York Magazine, New York Sun, New Haven Register, Amherst College, Columbia University’s Graduate School of Journalism

☆ Vince Clarke, a Synth-Pop Mastermind, on His Unexpected Solo Album
▼ + stars: | 2023-11-14 | by ( Rob Tannenbaum | ) www.nytimes.com time to read: +1 min

So they moved to Basildon, one of many “new towns” Britain built quickly to create new housing — in some cases, too quickly. “Cracks would start appearing in walls, and they’d have to flatten the houses and start again,” he said. It was naff.”Musically, his first love was Simon & Garfunkel, after he discovered he could play their songs on a guitar. “The early electronic musicians weren’t. They played weekly at a Basildon disco, “but we only had eight songs, so the set was pretty short,” he recalled.

Persons: Clarke’s, ”, Vince, Simon, Garfunkel, “ Locations: London, Germany, Basildon, Britain

☆ Monday's analyst calls: PC stock upgrade, Jefferies sees steady growth for consumer giant
▼ + stars: | 2023-11-13 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Jefferies initiated Colgate-Palmolive with a buy rating, citing a stabilization in market share loss. The firm initiated coverage of DevOps stock on Monday with a buy rating and a $56 per share price target. "In short, we think GTLB is well positioned to gain share with its platform offering in a rapidly growing ~$40B DevSecOps target market," analyst Gray Powell said. The firm initiated coverage of the consumer giant with a buy rating and a $87 per share price target in a Sunday note. Analyst Kaumil Gajrawala said the company's market share losses from the height of the pandemic have stabilized, allowing Colgate-Palmolive to enter a period of steady growth.

Persons: Jefferies, Edward Jones, Oracle Edward Jones, Oracle's, Logan Purk, Purk, Brian Evans, Gray Powell, — Brian Evans, Bernstein, TripAdvisor, Richard Clarke, Asiya Merchant, Kaumil Gajrawala, Gajrawala Organizations: CNBC, Colgate, Palmolive, Citi, HP Inc, Oracle, Google, Amazon Web Services, Jefferies, ~$

☆ AOL (TWX): Update on Next Week's Firings
▼ + stars: | 2023-11-13 | by ( Henry Blodget | ) www.businessinsider.com time to read: +1 min

Unfortunately, some of our AOL moles were pole-axed in the October massacre, and management is doing a better job of keeping the details of this months' firings under wraps. We've also heard that next week's firings were planned way back in September, as the second part of a two-part purge, which also explains why there's less chatter about them. In any event, word is the Products and Sales teams are going to take the brunt of the whackage. We regret to be the bearers of this bad news, and we wish everyone in Dulles and New York the best. Or Just Tying Up Old OnesAOL: More Firings Coming?

Persons: Bethany Clarke, We've Organizations: Products, AOL Locations: Dulles and New York

(AP) — The U.S. Justice Department launched an investigation Wednesday into alleged civil rights violations by police in a majority Black Mississippi city, stepping in following accusations that officers used excessive force and arrested people without justification. Assistant Attorney General Kristen Clarke, who leads the Justice Department's civil rights division, announced the investigation at a news conference. The area also has a storied place in civil rights history. It also follows the June arrest of Jill Collen Jefferson, the president of JULIAN, the civil rights organization that filed the federal lawsuit on behalf of residents. If the Justice Department concludes that police officers committed the alleged civil rights violations, it could bring a lawsuit seeking court-ordered changes to the department.

Persons: JACKSON, Kristen Clarke, Clarke, ” Clarke, Robert Clark, Todd Gee, Jill Collen Jefferson, JULIAN, Sam Dobbins, Dobbins, Jefferson, ___ Michael Goldberg Organizations: U.S . Justice Department, “, Mississippi Legislature, Southern, Southern District of, Lexington Police Department, Lexington Police, Lexington, Department, Associated Press, America Statehouse News Initiative, America Locations: Miss, Black Mississippi, Lexington, Jackson, Holmes County, Mississippi, U.S, Southern District, Southern District of Mississippi, Rankin County , Mississippi, @mikergoldberg

☆ BlackRock's next high-stakes bet: lending out cash
▼ + stars: | 2023-10-31 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +11 min

Goldstone was referring to a type of business-development company, an investment vehicle widely used in the private-credit market. The vehicle Condor allocated to is a slice of BlackRock's $81 billion private-credit business, which is part of the wider $317 billion alternative-assets platform. 'Size matters'In the summer, BlackRock executives teased out their focus on private credit and fixed income broadly during an investor-day presentation. BlackRock's string of private-credit developments adds up to a long-term bet that this dynamic will continue. "That, in essence, is the paradox of private credit."

Persons: David Goldstone, Goldstone, BDC, it's, hasn't, Rowe Price, Franklin Templeton, Blackstone, Axel Springer, Greg Greifeld, Greifeld, Tim Clarke, Rob Kapito, We've, Jim Keenan, BDCs, Keenan, Clarke, PitchBook, they're, Larry Fink, " Fink, Merrill Lynch, BlackRock, Jared Gross, J.P, Phil Tseng, BlackRock's, Gross, Morgan Organizations: Condor Capital Wealth Management, Condor, BlackRock, BlackRock doesn't, Federal Reserve, Fidelity, Apollo, KKR, Growth, BlackRock TCP Capital Corp, BlackRock Capital Investment Corp, Kreos, Barclays, Tennenbaum Capital Partners, Morgan, who's Locations: New Jersey, BlackRock, PitchBook, Banks, London

☆ Mass shootings in the US: Days after the Maine massacres, US sees a series of weekend shootings that wounded dozens
▼ + stars: | 2023-10-30 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +9 min

The weekend’s gun violence comes as America’s scourge of mass shootings drags on. After the suspect in Maine’s mass shooting was found dead Friday, President Joe Biden reiterated his call to Congress to address gun violence. Investigation into Maine gunmanAuthorities were searching for the Maine mass shooter in Durham Friday. Also now under the microscope is a visit to Card’s home by police weeks before the mass shootings. The Maine National Guard asked local police to check on the gunman after a soldier became concerned he would “snap and commit a mass shooting,” according to information shared with CNN.

Persons: CNN —, “, Jane Castor, Sheriff Tony Mancuso, Joe Biden, ”, Chris O'Meara, Matt Rourke, Robert Card, Michael Sauschuck, Card, Sauschuck, ” Sauschuck, CNN’s Raja Razek, Macie Goldfarb, Andy Rose, Shimon Prokupecz, Mark Morales, Linh Tran, Rachel Clarke, John Miller, Deidre McPhillips Organizations: CNN, Tampa police, WLS, Chicago Police Department, Nashville, Kaiser Family Foundation, Tampa, Child, San Antonio Police Department, San Antonio police, Texarkana Texas Police Department, Authorities, Texarkana, AP Authorities, Maine Recycling Corporation, Lisbon , Maine Public, US Army, Maine National Guard, National Guard Locations: Maine, Lewiston , Maine, Indianapolis, Tampa , Florida, Tampa, Chicago, Lake Charles , Louisiana, Calcasieu Parish, Louisville, California, Texas, Lewiston, –, Ybor City, San Antonio, Texarkana , Texas, Durham, Lisbon , Maine, Sagadahoc County, Kennebec County

☆ Jennifer Anniston, Matt LeBlanc and rest of ‘Friends’ cast pay tribute to Matthew Perry
▼ + stars: | 2023-10-30 | by ( Eric Levenson | Alli Rosenbloom | ) edition.cnn.com time to read: +9 min

NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. ABC/Disney Entertainment/Getty Images Perry co-starred in "Friends" with Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox and Jennifer Aniston. NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." Julia Weeks/AP Perry enters the stage for a conversation with editor Matt Brennan during the Los Angeles Times Festival of Books in Los Angeles in 2023.

Persons: ”, Matthew Perry, Jennifer Aniston, Courteney Cox, Lisa Kudrow, David Schwimmer, Matt LeBlanc, Matthew, ” Perry, Chandler Bing, Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, HBO Max, “, Marta Kauffman, David Crane, Kevin Bright, Matthew’s, ’, Perry’s, Aniston, wasn’t, CNN’s Taylor Romine, Josh Campbell, Cheri Mossburg, Dan Heching, Lisa Respers Organizations: CNN, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, HBO, Los Angeles Fire Department, Firefighters, Los Angeles Police Department, Angeles, Medical, Entertainment Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, Lisa Respers France

☆ Opinion: Why Matthew Perry was my favorite among ‘Friends’
▼ + stars: | 2023-10-29 | by ( Lee Smith | Dean Obeidallah | ) edition.cnn.com time to read: +10 min

ABC/Disney Entertainment/Getty Images Perry co-starred in "Friends" with Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox and Jennifer Aniston. NBC/Getty Images Perry is seen in the 1995 "Friends" episode "The One with the Evil Orthodontist." NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." NBC/Getty Images Perry and Cox are seen in the 2000 "Friends" episode "The One With Rachel's Assistant." Warner Brothers/Getty Images Perry and Cox pose for a photo during the 2001 "Friends" episode "The One With Monica And Chandler's Wedding."

Persons: Dean Obeidallah, Matthew Perry —, —, ”, Chandler, Dean Obeidallah CNN Chandler, I’m Chandler, “ I’m, Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston, Lisa Kudrow —, NBC’s, CBS ’ “ Young Sheldon, Matthew Perry, Chandler Bing, Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Lisa Kudrow, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, “, haven’t, Perry didn’t, Matty, ” Perry, Pete Davidson, Davidson, Chad Lowe, Sunshine ”, Neil Simon’s “ Organizations: CNN, “, Warner Bros . Television, Warner Bros ., Variety, CBS, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, Los Angeles Times Festival of, Los Angeles Times, CBC, People Locations: ”, Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada

☆ How Matthew Perry got cast on ‘Friends’
▼ + stars: | 2023-10-29 | by ( Lisa France | Lisa Respers France | ) edition.cnn.com time to read: +8 min

NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. Michael Ochs Archives/Moviepix/Getty Images Perry and Christina Applegate were cast in the 1988 made for TV teen movie "Dance 'til Dawn." NBC/Getty Images Perry is seen in the 1995 "Friends" episode "The One with the Evil Orthodontist." NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." NBC/Getty Images Perry and Cox are seen in the 2000 "Friends" episode "The One With Rachel's Assistant."

Persons: Matthew Perry, Perry, Chandler Bing, ”, Charlie Sheen, “, Sheen, —, ” Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, Matthew, didn’t, Chandler, ‘ You’ve, Seth Meyers, ’, costars Jennifer Aniston, HBO Max, ” Cox Organizations: CNN, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, L.A, LAX, HBO Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada

Sagadahoc County, Maine CNN —The US Army asked local police to check on the reservist who killed 18 people after a soldier became concerned he would “snap and commit a mass shooting,” according to information shared with CNN. The welfare report detailed to CNN repeatedly cited the Maine National Guard as the source of the concerns and the troubling information about the shooter’s actions. It should also be noted that no bulletins or assistance was requested from MSP’s Maine information and analysis center. Thirty-eight days later, the Army reservist walked into a bowling alley and started shooting. He was a US Army reservist.

Persons: Robert Card, “, ”, Ruth Castro, Mike Sauschuck, Joel Merry, Rick LaChapelle, Joseph Prezioso, Jack Clements, WMTW, Sagadahoc County Sheriff Merry, Merry, Brother, Robert Card's Organizations: Maine CNN, US Army, CNN, Army, Maine National Guard, US Army Reserve, State Public, Sunday, of Public Safety, Maine State Police, DPS, Coastal Defense Firearms, New York Times, Office, National Guard, Sheriff’s, Saco Police, Sagadahoc County Sheriff, Associated Press, Army Reserve, Kennebec Locations: Sagadahoc County, Maine, Kennebec County, Sagadahoc, ”, Lewiston , Maine, ” Maine, MSP’s Maine, Auburn , Maine, AFP, New York, West Point, “, Saco, WMTW Maine

☆ Alessandra Ferri’s Next Act: Running the Vienna State Ballet
▼ + stars: | 2023-10-27 | by ( Roslyn Sulcas | ) www.nytimes.com time to read: +1 min

The ballerina Alessandra Ferri has had many dance lives. On Tuesday, the Vienna State Ballet announced that Ferri, a former principal dancer with American Ballet Theater, would be its next artistic director, succeeding Martin Schläpfer when his contract ends in August. “It does feel to me like a natural progression.”Ferri will have a big job in Vienna. The 102-dancer company gives around 80 performances a year of its own repertory at both the Vienna State Opera and the Volksoper theaters, as well as appearing in opera productions. And Ferri’s job will also include running the affiliated Ballet Academy, which was hit by allegations of abuse in 2019.

Persons: Alessandra Ferri, Ferri, Martin Schläpfer, Martha Clarke, Lars Lubovitch, Wayne McGregor’s “, ”, Juliet, “ Romeo, ” Ferri Organizations: Vienna State Ballet, Ballet, Spoleto, Ballet Theater, Vienna State Opera, Ballet Academy Locations: Italian, Italy, London, Vienna

The new portals, equipped with high-speed cameras, will take hundreds of pictures of every passing locomotive and rail car. Unlike previous versions, these new inspection portals will be able to capture all sides of a train that passes through them with well-lit images. University of Delaware professor Allan Zarembski, who leads the Railroad Engineering and Safety Program there, said it's significant that Norfolk Southern is investing in so many of the portals. The Atlanta-based railroad didn't say how much it is investing in the technology it worked with Georgia Tech to develop. That crash put the spotlight on railroad safety nationwide and prompted calls for reforms.

Persons: carmen, Allan Zarembski, David Clarke, ” Clarke, “, Norfolk, We’re, John Fleps, Alan Shaw's Organizations: Norfolk Southern, Rail, University of Delaware, Railroad Engineering, Safety, CSX, University of Tennessee’s Center for Transportation Research, Georgia Tech Locations: OMAHA, Neb, Norfolk, Ohio, Leetonia , Ohio, East Palestine, Atlanta, Palestine

☆ 'They're running out of time': Ukraine's counteroffensive is gaining urgency as winter approaches
▼ + stars: | 2023-10-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

"Despite inflicting significant losses on Russian armed forces, Ukraine's four-and-a-half-month-old counteroffensive has not achieved major territorial gains nor managed to slice through Russia's 'land bridge' to Crimea," he added. "The hope is that they're far enough through the Russian defensive lines now ... to make some rapid progress. Russian forces had months to prepare layers of defenses including extensive networks of trenches; anti-tank obstacles such as ditches and "dragon's teeth"; and minefields. Russian forces are also receiving support from artillery, attack helicopters and other aircraft, again impeding Ukraine's forces. Minefields, in particular, have disrupted Ukraine's offensive momentum and rate of advance, according to analysts at the Center for Strategic and International Studies (CSIS).

Persons: Roman Pilipey, Tursa, Yevhen, they're, Michael Clarke, John Moore, they'll, Ukraine hasn't, Clarke, Orikhiv, They'll, that's, Seth Jones, Riley McCabe, Alexander Palmer, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Kevin Lamarque Organizations: AFP, Getty, Russian, L119, Armed Forces, Anadolu Agency, Royal United Services Institute, CNBC, Ukraine's Defense Ministry, Ukraine, Planet Labs PBC, Handout, Reuters, Center for Strategic, International Studies, CSIS, Ukrainian, 35th Marine Brigade, Hamas Locations: Kostyantynivka, Donetsk, East, Ukraine, Russian, Russia, Luhansk, Crimean, Kherson, Central, Eastern Europe, Crimea, Marinka, Krasnohorivka, British, Bakhmut, Dnipro, Robotyne, Zaporizhzhia, Tokmak, Melitopol, Sevastopol, Moscow, Kyiv, Ukrainian, U.S, Israel

HUSAVIK, Iceland (AP) — Iceland’s prime minister and women across the volcanic island nation went on strike Tuesday to push for an end to unequal pay and gender-based violence. Prime Minister Katrin Jakobsdóttir said that she would stay home as part of the women's strike — “kvennaverkfal” in Icelandic — and expected other women in her Cabinet would do the same. Iceland's trade unions, the main organizers of the strike, called on women and nonbinary people to refuse both paid and unpaid work, including household chores, for the day. “Foreign women are more vulnerable,” said Alice Clarke, a cloth designer from Canada who has lived in Iceland for 30 years. Acting Equality Minister Irene Montero said Tuesday that the 2018 strike was inspired by Iceland’s 1975 walkout and expressed full support for the latest protest.

Persons: —, Katrin Jakobsdóttir, RUV, ”, Alice Clarke, ” Clarke, Irene Montero, Iceland’s, ___ Jill Lawless, Ciarán Giles Organizations: Schools, World Economic, Statistics Locations: HUSAVIK, Iceland, understaffed, Iceland's, Statistics Iceland, Canada, Reykjavík, Poland, Spain, London, Madrid

☆ Opinion | Why the World Is Watching Iran
▼ + stars: | 2023-10-23 | by ( Colin P. Clarke | ) www.nytimes.com time to read: +8 min

Now, in the wake of Hamas’s Oct. 7 attack, Israel appears to be preparing to invade Gaza. At the center of these mounting tensions is Iran, which has been engaged in a shadow war with its chief regional rival, Israel, for years. It also gives Tehran leverage as its proxy groups develop political wings, helping Iran play kingmaker in local and national politics in Iraq, Lebanon, Yemen and elsewhere. As the conflict intensifies, there are growing concerns that Israel may be headed toward a more direct confrontation with Iran. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram.

Persons: Biden, Iran’s, Ayatollah Ali Khamenei, Ismail Qaani, Khamenei, ”, “, —, Colin P, Clarke Organizations: United, Navy, Pentagon, U.S, Training, Islamic Revolutionary Guards Corps, Quds Force, Israel Defense, longtime, Israeli Defense Forces, Soufan Group, New York, Facebook, Twitter Locations: Saudi Arabia, Israel, Gaza, Lebanon, United States, Yemen, Iran, Tehran, Washington, Doha, Qatar, meddle, Iraq, Jerusalem, U.S, Amman, Jordan, Istanbul, New York City

☆ IHG says funding challenges holding back new hotel development
▼ + stars: | 2023-10-20 | by ( Yadarisa Shabong | ) www.reuters.com time to read: +2 min

A general view of an Intercontinental Hotel at The O2 in London, Britain October 20, 2020. Its shares were down 3.6% by 1044 GMT, with Bernstein analyst Richard Clarke attributing the drop to the slowdown in net unit growth and fears it might miss its full-year guidance. "We definitely see the light at the end of the tunnel," he said, adding that IHG was growing in new signings and system size. The group recorded growth across its leisure, business travel and group travel segments, Maalouf said in a statement. The hotel industry has benefited from a post-pandemic boom in leisure travel as people splurge their savings on vacations despite rising costs of living.

Persons: Matthew Childs, IHG, Bernstein, Richard Clarke, Leo Carrington, Elie Maalouf, Maalouf, Glover, Yadarisa, Subhranshu Sahu, Tomasz Janowski, Jan Harvey Organizations: O2, REUTERS, Citi, U.S, Crowne Plaza, Regent, Thomson Locations: London, Britain, China, Israel, Bengaluru

☆ IHG upbeat about 2023 results despite challenges holding back new hotels
▼ + stars: | 2023-10-20 | by ( Yadarisa Shabong | ) www.reuters.com time to read: +2 min

The owner of the Crowne Plaza, Regent and Hualuxe hotel chains flagged economic uncertainties ahead and said that short- term financing challenges were holding back development of new hotels. The group recorded growth across its leisure, business travel and group travel segments, CEO Elie Maalouf said in a statement. While business travel revenue was already ahead of 2019 levels in the third quarter, group and meetings revenue was still below, finance chief Michael Glover told reporters. The hotel industry has benefited from a boom in leisure travel demand after the pandemic, as people splurge their savings on vacations despite rising costs of living. Reporting by Yadarisa Shabong in Bengaluru; Editing by Subhranshu Sahu and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Matthew Childs, Bernstein, Richard Clarke, Elie Maalouf, IHG, Michael Glover, Glover, Yadarisa, Subhranshu Sahu, Tomasz Janowski Organizations: O2, REUTERS, Crowne Plaza, Regent, Thomson Locations: London, Britain, China, Israel, Tel Aviv, Bengaluru

☆ A Cannes Winner Asks: What if the Powerful Woman Isn’t Punished?
▼ + stars: | 2023-10-20 | by ( Beatrice Loayza | ) www.nytimes.com time to read: +1 min

In “Anatomy of a Fall,” Sandra and Samuel’s literary rivalry, and their process of culling their own lives for inspiration, is used against Sandra in court. Triet and Harari treated the feature “as a playground, as well as a nightmare vision of what will never happen to us,” wrote Harari in an email. “Justine is and was more “successful” than I am, but I’m very far from Samuel. Her parents were enthusiastic moviegoers —her father once worked as a projectionist — but her desire to make movies came relatively late. Triet began her filmmaking career making chaotically expressionistic documentary shorts about contemporary politics, including one about the 2007 presidential election in France.

Persons: ” Sandra, Sandra, — Triet, Harari, Samuel, ”, Justine, ” Triet, Frederick Wiseman, Shirley Clarke, Allan King, Raymond Depardon, Triet, chaotically Locations: Samuel, France

☆ Tesla Cybertruck's unique, angular design makes it difficult to manufacture, slowing production
▼ + stars: | 2023-10-20 | by ( Lloyd Lee | Tim Levin | ) www.businessinsider.com time to read: +3 min

One issue is the Cybertruck's design, which experts have said will pose manufacturing challenges. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Musk pointed to the unique design of the vehicle, which he said is packed with "a lot of new technology," that makes manufacturing the Cybertruck at high volumes an immense challenge. What makes the truck unique — its angular design and stainless steel body — is a large part of the problem, Musk and experts have said.

Persons: Tesla, Elon Musk, —, Musk, Adrian Clarke, Clarke, Raj Rajkumar Organizations: Service, CNBC, Fast Company, Carnegie Mellon University, Wired

WASHINGTON (AP) — The Justice Department has secured a $9 million settlement with Ameris Bank over allegations that it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans. Garland has prioritized civil rights prosecutions since becoming attorney general in 2021, and the current administration has put a higher priority on redlining cases than before. The anti-redlining effort has now secured $107 million in relief, including the Ameris settlement, which a judge must approve. A $31 million settlement with Los Angeles-based City National in January was the largest for the department. The Ameris case is the first brought by the department in Florida, said Roger Handberg, the U.S. attorney for the Middle District of Florida.

Persons: Biden, General Merrick Garland, “ Redlining, ” Garland, Garland, redlining, Roger Handberg, ”, Kristen Clarke, Ken Sweet Organizations: WASHINGTON, Justice, Ameris Bank, Ameris, National, Middle, Middle District of, ___ Associated Press Locations: Black, Jacksonville , Florida, Atlanta, Jacksonville, Homeownership, Los Angeles, Florida, U.S, Middle District, Middle District of Florida, ”, ___, New York

☆ Appeasing Iran Has Failed
▼ + stars: | 2023-10-18 | by ( Walter Russell Mead | ) www.wsj.com time to read: 1 min

Walter Russell Mead is the Ravenel B. Curry III Distinguished Fellow in Strategy and Statesmanship at Hudson Institute, the Global View Columnist at The Wall Street Journal and the James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College in New York. He is also a member of Aspen Institute Italy and board member of Aspenia. Before joining Hudson, Mr. Mead was a fellow at the Council on Foreign Relations as the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy. He has authored numerous books, including the widely-recognized Special Providence: American Foreign Policy and How It Changed the World (Alfred A. Knopf, 2004). Mr. Mead’s next book is entitled The Arc of A Covenant: The United States, Israel, and the Future of the Jewish People.

Persons: Walter Russell Mead, Curry, James Clarke Chace, Mead, Henry A, Alfred A ., Mead’s Organizations: Hudson Institute, Wall Street Journal, Foreign Affairs, Humanities, Bard College, Aspen Institute, Hudson, Council, Foreign Relations, Kissinger, U.S . Foreign, Providence, Alfred A . Knopf, Jewish People Locations: New York, Aspen Institute Italy, United States, Israel

CNN —When Hamas militants broke through the Gaza fence in this month’s unprecedented attack on Israel, the kibbutz of Mefalsim – less than two miles from the border – was on the front lines. That precision, local Israeli security personnel say, was no accident: The fighters seemed to have known exactly where they were headed. CNN has reviewed documents that Israeli officials say were Hamas attack plans, which suggest that the group collected remarkably granular detail on its targets. Two local Israeli security personnel told CNN they independently saw photos of the plan, and it closely matched the Hamas fighters’ tactics during the attack. But like in Mefalsim, Hamas did not successfully attack Sa’ad – no one died, according to the first responders group.

Persons: CNN —, Mefalsim, ”, Yarden, –, “, ” Reskin, Matthew Levitt, Hamas, ” Levitt, who’s, Reskin, Eli Levi, Levi, ” Levi, Colin P, Clarke, ” Clarke, Israel, Sa’ad, ’, Ilia Yefimovich, Sarah Pollack, ” Pollack, Pollack Organizations: CNN, Hamas, Toting AK, intel, Israel, Washington Institute for Near East Policy, AK, Wall Street Journal, NBC News, ” CNN, Getty, Gaza Locations: Gaza, Israel, Mefalsim, Hamas, Sa’ad, Arad

The United States Justice Department began an investigation on Tuesday into the city of Trenton, N.J., and its police department after getting “serious and credible” reports of officers using improper levels of force and illegally stopping and searching pedestrians and drivers. The inquiry into New Jersey’s capital city and its police force is expected to take a year and could lead to federal oversight of the department through a consent decree. The review will include on-the-job observation of police officers, interviews with residents and an analysis of police records, including footage from body-worn cameras and internal affairs investigations, officials said. Since 2021, the Justice Department has opened similar inquiries into 10 other police agencies across the country, said Kristen Clarke, an assistant attorney general with the department’s civil rights division.

Persons: Kristen Clarke Organizations: United States Justice Department, Justice Department Locations: Trenton , N.J, New

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