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For investment options, she referred to the firm's survey of China stocks the investment bank's analysts already cover. Morgan Stanley's basket of bear case stocks only includes overweight-rated names with a dividend yield above 4% this year. The companies must not be on Morgan Stanley's lists of stocks at a disadvantage from Republican policy and supply chain diversification. Morgan Stanley expects Tingyi's earnings per share to grow 12% this year and 11% in 2025. Sinotruk earnings can grow 18% this year and 17% next year, according to Morgan Stanley estimates.
Persons: Morgan Stanley, Laura Wang, Morgan Stanley's, Morgan Stanley's Wang, Morningstar, Claire Liang, Liang, Donald Trump, Trump Organizations: Kong, PepsiCo, Services, Cosco Shipping Energy Transportation, China, CNBC, Republican Party, U.S . Congress Locations: China, Hong Kong, Asia, Europe, Mexico
CNN’s national exit polling this year found that immigration was a strong issue for Trump in this election, but it doesn’t suggest a mandate for mass deportation. Voters gave Trump a roughly 9-point advantage over Vice President Kamala Harris on trust to handle immigration, according to the latest data. Complicating those findings is the fact that polling this year has found widely disparate levels of support for deportation. Surveys that ask respondents to choose between deportation and a path to citizenship, meanwhile, often find more support for the latter. Regardless of framing, however, national polls agree on a rise in support for deportation policies over recent years, coupled with a broader increase in nativist sentiment.
Persons: Donald Trump, , Trump, Kamala Harris, Harris, , , Michael Tesler, Joe, Biden, CNN’s Henry Gertmenian Organizations: CNN, Trump, Voters, Gallup, Marquette Law School, CBS, Pew Research Center Locations: United States, Marquette, U.S
Recommendations from Wall Street can help them make informed decisions on stocks and seek solid long-term returns. Top-rated analysts pay attention to multiple aspects when selecting stocks of companies with solid fundamentals and strong execution. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. See Amazon Stock Charts on TipRanks. Mahaney thinks UBER will gain from autonomous vehicle rollouts, given its position as the largest ride-sharing demand aggregator.
Persons: Brian White, White, TipRanks, Mark Mahaney, Mahaney, Andrew Harte, Jack Dorsey, Harte Organizations: Web Services, Amazon, Technologies, Uber's, Business, Uber Technologies, BTIG Locations: AMZN
5 things we're watching in the stock market in the week ahead
  + stars: | 2024-11-17 | by ( Zev Fima | ) www.cnbc.com   time to read: +10 min
October retail sales, released Friday morning, came in slightly ahead of expectations, indicating a 0.4% monthly increase, versus a 0.3% increase expected. Disney's reported strong earnings and its stock advanced more than 16% for the week as a result. In the week ahead, we will get earnings from three Club names, including the highly anticipated quarter from Nvidia, and a couple of housing market-related updates. The Street is looking for Nvidia sales of $33.1 billion in its fiscal Q3 and earnings of 75 cents per share. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Donald Trump, Friday's, Jerome Powell, Powell, That's, YTD We're, we're, Jensen, Trump, Nvidia's, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Dow, Nasdaq, Federal, Fed, Disney, Depot, Nvidia, TJX Companies, Home Goods, Blackwell, Palo Alto Networks, Home Depot, Stanley, Walmart, Viking Holdings, Sonoma, WSM, Baidu, PDD Holdings, Deere & Co, Warner Music Group, Intuit, Ross Stores, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Maxx, U.S, China, Palo, VIK, Williams, New York City
A general view shows the Israeli city of Tel Aviv, on August 12, 2024, amid regional tensions during the ongoing war between Israel and the Palestinian Hamas movement in the Gaza Strip. The war has raged in Gaza since Hamas' Oct. 7, 2023 cross-border attack on southern Israel. Figures issued on Friday showed Israel's inflation rate held steady at 3.5% in September but staying above the government's annual inflation target of 1-3%. Government officials have largely blamed war-related supply issues for the spike in inflation at a time when inflation is largely easing globally. Israeli central bankers have said that further rate cuts, which have begun in the United States and Europe, are unlikely but warned of rate hikes should inflation remain high.
Organizations: Hamas, Central Bureau, Statistics, Government, Bank of Israel Locations: Tel Aviv, Israel, Palestinian, Gaza, Lebanon, United States, Europe
London CNN —Weight loss drugs such as Wegovy and Ozempic have been hailed worldwide as revolutionary for medicine. Additional measures to prevent obesity in the first place are desperately needed, health experts say. Part of that new thinking is exploring weight loss drugs. The OHA has crunched the numbers on existing weight loss drugs like Wegovy, the brand name for the appetite suppressant semaglutide. “There is no such thing as a silver bullet for obesity,” the Obesity Health Alliance emphasized.
Persons: Wes Streeting, Streeting, Eli Lilly, It’s, Keir Starmer, , Alfred Slade, suppressant, ” Slade, , it’s, Tom Little, prioritization, Jack Doughty, Martin White, ” White, White Organizations: London CNN, National Health Service, The Telegraph, Survey, British, Obesity Health Alliance, OHA, CNN, Reuters, Diabetes UK, NHS, of Health, Social Care, University of Cambridge Locations: United Kingdom, England, Novo Nordisk's, Denmark, sodas
But many Republicans and Gaetz allies have touted his aggressive style as an essential attribute for an attorney general. The president-elect filled some of those spots Thursday evening, appointing a series of his own personal lawyers to run key sections of the Justice Department. Trump also announced his selection of Emile Bove, another member of his criminal defense team, to be principal associate attorney general. Now, while some of his colleagues in Congress expressed skepticism of his pick as attorney general, they said they are prepared for a detailed confirmation process. As attorney general, Gaetz would be in control of the FBI investigative files that detail the evidence the bureau uncovered.
Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, there’s, John Morgan, doubters, Morgan, ” Morgan, , General Merrick Garland, Joe Biden, Todd Blanche, Emile Bove, , AnchorsGordon didn’t, Lawrence “ Larry ” Keefe, Keefe, Ron DeSantis, Feedback Sen, Klobuchar, , Michael Cohen, Sen, Rick Scott, ” Gaetz, Hunter, Hank Johnson, Kevin McCarthy, Liz Cheney, Gaetz didn’t, South Carolina Sen, Lindsey Graham, Bill Barr, Joel Greenberg, CNN’s Kristen Holmes Organizations: CNN, Justice Department, Trump, Florida Republican, Prosecutors, Federal Bureau of Investigation, Alcohol, Tobacco, Firearms, Explosives, Drug Enforcement Administration, Democrats, Capitol, Senate, Panhandle Republican, Truman, Florida State University, & Mary Law School, AnchorsGordon, Florida Panhandle, Partners, Florida, Northern, Northern District of Florida, Vineyard, Tallahassee statehouse, Republican, Florida Bar, Florida Republicans, Washington Elected, White, Republican Party, House Republican, Union, House Intelligence, Democratic, Judiciary Committee, FBI, South, Garland’s Justice Department Locations: Congress, United States, Trump’s, Florida, Gaetz, Manhattan, Northern District, Texas, Tallahassee, Washington, Wyoming, South Carolina
AdvertisementInflation's downtrend may not be as straightforward as some investors think, according to Charles Schwab. Immigration reform could mean higher labor costs," the note added. Labor costs risingLabor costs have accelerated in recent months, with unit labor costs among all workers in the business sector rising to 3.4% year-over-year in the third quarter, according to Federal Reserve data. Markets are beginning to dial back expectations for further rate cuts in response to inflation concerns," Schwab strategists said. Charles Schwab, Citi Economic Surprise Index"Stronger growth suggests that the Fed may not lower short-term rates as much as anticipated just a few months ago.
Persons: Charles Schwab, Donald Trump, Trump, Schwab, It's Organizations: Trump, Bureau of Labor Statistics, Labor, Federal Reserve, Unit, Bloomberg, Treasury, Business, Citi
Today, he is best associated with Tintagel Castle, where remains of a settlement dating back to the fifth century perch strikingly on an islet off the wild coast of Cornwall. Bettmann Archive/Getty ImagesFor Stoyle, it’s likely that the myth of Arthur has at least its roots in fact. This Arthur was played by Clive Owen in the 2004 film, “King Arthur,” alongside Keira Knightley as Guinevere. The sixth-century “Artognou stone," discovered in 1998, has linked Tintagel with King Arthur for some scholars, though others dismiss it. Of course, medieval history writers were fast and loose with the facts.
Persons: CNN —, He’s, King Arthur, , Arthur’s, Arthur, France —, Tintagel, Merlin, they’d, There’s, who’ve, Mark Stoyle, Brittany —, , Stoyle, , Guinevere, Lancelot, Clive Owen, “ King Arthur, Keira Knightley, Gandalf, Dumbledore, Glastonbury Abby, Grant, indelibly, JFK's, Harvey Georges, Pierre Vinet, Sam Morgan Moore, Ben Birchall, Arthur . PaulMaguire, Keira Knghtley, Jonathan Hession, Gerhard Zwerger, King Arthur Prev, Geoffrey of Monmouth, Geoffrey —, Camelot —, Geoffrey, Mordred, Win Scutt, Earl Richard, Prince William . “ Earl Richard, Britain —, ” “ It’s, Arthur —, Scutt, Nicholas J, Higham, ” Higham, J.R.R, Tolkien —, laud, Gildas — “, ” Henry VIII, superfan Henry VIII, Oli Scarff, England’s King Henry VII, Richard III, he’d, , Prince, Wales — Arthur, Henry’s, England, Henry VIII, Henry, David’s, Elizabeth I, Stuart, Arthurs, ” Scutt Organizations: CNN, Celtic, Camelot, Cornwall Glastonbury, Wales Cadbury, Glastonbury Tor, Cadbury, Glastonbury Abbey, UK’s University of Southampton, Bettmann, Disney, Cornish, Bank, Getty, Royal Mail, Walt Disney Pictures, Avalon, English Heritage, University of Manchester, Britons, Glastonbury Locations: England, Europe, Britain, Scandinavia, Germany, France, Wales, Cornwall, southwesternmost, Tintagel, Tintagel Castle, Cornwall Glastonbury Abbey , Somerset Caerleon Castle, Wyddfa, Wales Cadbury Castle , Somerset Slaughterbridge, Island, Wales Winchester Castle, Hampshire, Edinburgh, Somerset, Caerleon Castle, Camelot, Mount Snowdon, Barfog, Glastonbury, Baschurch, Shropshire, Mynydd y Gaer, Bodmin, Las Vegas, Winchester, Caerleon, Cornwall’s, Avalon, Cornish, Greece, Turkey, London, Higham, AFP, Brittany, Ludlow, St
Jared Leopold, a Democratic strategist and former top official at the Democratic Governors Association, noted that while the Democratic governors who ran for president in 2020 were less well known, potential 2028 contenders like Michigan Gov. Gretchen Whitmer, Pennsylvania Gov. “And I also think there’s not going to be as much to be done in the Senate with a deeper minority. Ditto for Shapiro, who has spent the days after the election focused on economic development efforts in his state. Others, like Connecticut’s Chris Murphy and Pennsylvania’s John Fetterman, look interested in shaping a new Democratic approach on myriad issues.
Persons: Kamala Harris ’, Donald Trump, , Joe Biden’s, Jared Leopold, Gretchen Whitmer, Josh Shapiro, Gavin Newsom, JB Pritzker, pushback, , Leopold, Jay Inslee’s, there’s, Trump, Caitlin Legacki, ” Legacki, Newsom, Pritzker, ” Trump, Gavin Newscum ”, ’ ” Newsom, Pritzker —, , ” —, Jared Polis, ” Pritzker, Ezra Levin, Shapiro, Whitmer, Harris ’, “ I’ve, Jocelyn Benson, ” Whitmer, winking —, Ditto, Harris, ‘ I’ve, I’ve, I’m, “ We’re, , Jon Ossoff, Raphael Warnock, Arizona’s Mark Kelly, Ossoff, Sen, Ruben Gallego, Chris Murphy, Pennsylvania’s John Fetterman, Murphy, MAGA, Joe Rogan’s, Fetterman, Wes Moore, Kentucky’s Andy Beshear, Cory Booker, Amy Klobuchar, Pete Buttigieg, Alexandria Ocasio, Ro Khanna, Khanna, he’s, Gen Z, Warnock, There’s, Mark Cuban, ” Leopold, workhorses, Democrats it’s, Al Davis ’, Robby Mook, Hillary Clinton’s, ” Mook Organizations: NBC News, Trump, Democratic, Democratic Governors Association, Michigan, Illinois Gov, Washington Gov, ” “ Governors, White, Capitol, Colorado Gov, Governors, Democracy, Hyatt, Democratic Party, Democratic National Convention, , Gridiron Club, NBC, New York, Democrats ’, Marine, Transportation, New Hampshire —, Pennsylvania Democrat, Cuban, Democrats, Oakland Raiders Locations: Pennsylvania, California, Trumpism, Illinois, Michigan, ” Michigan, Washington ,, Arizona, Sens, Cortez, New Hampshire, Washington, Cuban
Ole Andreas Halvorsen's Viking Global bought into two big, second-half turnaround stories in the third quarter. Halvorsen bought almost 1.7 million Starbucks worth $162 million during the quarter. Starbucks shares surged more than 24% the day of the announcement, its best day ever. So far in the fourth quarter, shares have risen less than 1%. Stocks that Viking Global zeroed out in the quarter ranged from Meta Platforms to Dollar Tree to UnitedHealth .
Persons: Ole Andreas Halvorsen's, Halvorsen, Brian Niccol, LSEG, Tesla, Elon Musk, Donald Trump's, Musk, Julian Robertson, Charles Schwab Organizations: Ole Andreas Halvorsen's Viking Global, Tesla, Starbucks, White, Republican, Trump, Tiger Management, Viking, U.S . Bancorp, Visa, Bank of America Locations: Ole Andreas Halvorsen's Viking, Norwegian, American, Chipotle, U.S, UnitedHealth
JD Vance is a man of many careers: attorney, author, senator, vice president-elect, and, perhaps less well-known, venture capitalist. For about six years between graduating from law school and becoming a United States senator from Ohio, Vance held various positions in the space before eventually starting his own fund, Narya Capital. Vance co-founded Narya Capital in 2019After two years, Vance broke out on his own, cofounding Narya Capital in 2019 with investments from Thiel, former Google CEO Eric Schmidt, and VC veteran Marc Andreessen. According to his vice president and senate disclosure forms, he has a stake in Narya Capital Fund I, Narya Capital Fund II, and Rise of the Rest Seed Fund. AdvertisementHis stake in Narya Capital Fund I is worth between $500,001 and $1 million.
Persons: JD Vance, Vance, doesn't, Peter Thiel's, Steve Case's, Boston —, Thiel, Eric Schmidt, Marc Andreessen, Narya, Vivek Ramaswamy's, Nayra, Luke Schroeder Organizations: United, Narya, Mithril, Narya Capital, cofounding, II, Narya's Capital, US Space Force Locations: United States, Ohio, New York, Silicon Valley, Boston, Narya, ValueBase, PitchBook
Insider Today: Protein pro tips
  + stars: | 2024-11-16 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
I'd call it No Meet Week and use that time to catch up on my ever-growing to-do list, ideate, and edit. After I introduced No Meet Week to my team, one manager said she'd like to participate too, and soon, I extended it to my entire team. AdvertisementNext week, at Business Insider, we're bringing No Meet Week back, and I can't wait to use that time to finish my Q4 strong. Quitting protein powderRachel Hosie tried to hit her protein target while avoiding ultra-processed food. For one week, Hosie attempted to hit her daily protein goal of 110 to 130 grams without consuming ultra-processed foods like protein bars.
Persons: could've, Jenny Chang, Rodriguez, I'm, Jensen Huang doesn't, she'd, iStock, Rebecca Zisser, they're, Rachel Hosie, Boris SV, Tyler Le, Hosie, Jean Paul Gaultier, Monica Humphries, Jay Maidment, Marvel's, Ryan Reynolds, Hugh Jackman, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, Nvidia, Microsoft, Getty, Century Studios, Marvel Studios, Apple, Smart, Black Locations: Tanzania, New York City, New York
Gen Z is ushering in the all-inclusive era
  + stars: | 2024-11-16 | by ( Kelsey Vlamis | ) www.businessinsider.com   time to read: +7 min
A survey included in the report found 42% of Gen Z respondents said an all-inclusive was their preferred hotel type, more than any other generation. AdvertisementWhy Gen Z loves all-inclusivesOnce guests book their stays at an all-inclusive, very little additional planning is required. Its $2.7 billion acquisition of Apple Leisure Group in 2021 made it the largest operator of luxury all-inclusive resorts worldwide. AdvertisementAnd Hilton said earlier this year their all-inclusive segment was a "catalyst for growth," noting its Hilton Cancun Mar Caribe All-Inclusive Resort that opened in 2023. For Gen Z in particular there may be an intangible benefit of all-inclusives that will continue to drive demand.
Persons: Haley Mahabadi, She's, Gen Z, it's, Gen, Melanie Fish, It's, Z, Samantha Cintron, Cintron, Hyatt Gen Z, Gen Zers, Malley Goodwin, A'Rielle Thomas, Amy Weinberg, Hyatt Ziva, Hyatt, Weinberg, Hilton, Z isn't, Fish Organizations: Michelin, Expedia, Hyatt Travelers, Hyatt, Marriott, Playa, Hyatt Gen, Fora, Hyatt Demand, Hyatt Zilara, Apple Leisure Group, Secrets, Dreams, Hilton Cancun Mar Caribe Locations: Asia, Mexico, Fora, Playa del Carmen, Orlando, Cancun, Hyatt, Marriott Cancun, Romana, Dominican Republic
CNN —More than half a million people have been evacuated from their homes as Super Typhoon Man-yi made landfall along the eastern coast of Catanduanes, Philippines on Saturday. A further 18,000 were preemptively evacuated from the Eastern Samar and Samar provinces, PNA reported, with patients and staff members of Eastern Samar’s Arteche District Hospital being evacuated to the area’s municipal hall. Man-yi underwent rapid intensification on Friday, jumping from a tropical storm early Friday to a super typhoon early Saturday. Hundreds of thousands of people were evacuated from their homes as others made preparations for the typhoon ahead of its landfall on Saturday. After crossing Catanduanes, Man-yi is expected to make another landfall about 70 miles (110 km) northeast of Manila Sunday afternoon.
Persons: Joseph Boboy Cua, , , Charism Sayat Organizations: CNN, Reuters, Philippine News Agency, PAGASA, Facebook, Getty, Manila Sunday Locations: Catanduanes, Philippines, Bicol, Northern Samar, Eastern Samar, Samar, Eastern Samar’s Arteche, area’s, AFP, Manila, Luzon
AdvertisementAn Idaho couple retired with a net worth of over $2 million by living frugally and making smart investment choices. Richard learned investment strategies later in life after losing thousands in the dot-com bubble. He worked and lived frugally while attending the University of Illinois, which he said cost just $173 his first semester. Advertisement"I haven't been a disciplined, smart investor throughout my life, but I have always lived frugally," Richard said. In retirement, Richard has produced over 70 books about his hometown, American history, and trail guides.
Persons: Richard, weren't, wasn't, it's, I've, He's Organizations: University of Illinois, Air Force, Social, Social Security Locations: Idaho, Illinois, Sacramento, Airbnbs
Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates. The S&P 500 slipped 1.32% and closed at 5,870.62, while the Nasdaq Composite fell 2.24% to 18,680.12. Declines in pharmaceutical stocks weighed on the 30-stock Dow and broader S&P 500, with Amgen down about 4.2% and Moderna off by 7.3%. The information technology sector of the S&P 500 was the worst performing corner of the market, down more than 2% as Nvidia, MetaPlatforms, Alphabet and Microsoft tumbled. The S&P 500 posted a weekly loss of 2.1%, while the Nasdaq Composite slid about 3.2%.
Persons: Stocks, Donald Trump, Robert F, Kennedy Jr, Tesla, , Kristy Akullian, , Jerome Powell, Susan Collins, Dow Jones Organizations: Dow Jones Industrial, Nasdaq, Dow, Moderna, Department of Health, Human Services, P Biotech, Nvidia, Microsoft, Trump Trade, ” Traders, Federal, Boston, Street Locations: Americas, BlackRock
While Kamala Harris made history, Vivek Ramaswamy became a household name, and Usha Vance debuted to a tepid national audience, many everyday South Asian Americans were experiencing something altogether different. As these political leaders saw their profiles rise, everyday South Asian Americans experienced increased racism, with anti-South Asian posts online doubling over the campaign season, a new report found. Threats of violence against Asian Americans are up 17% from the baseline, and a vast majority of those threats were directed at South Asian Americans, the data revealed. Still, his Indian American identity has drawn fire. “South Asians, we don’t voice, we don’t make noise, we just silently are suffering,” she said.
Persons: Kamala Harris, Vivek Ramaswamy, Usha Vance, , , Pawan Dhingra, it’s, Manjusha Kulkarni, Harris, ’ ‘, , ” Sona, , ’ ”, Donald Trump ., Laura Loomer, JD Vance, Marjorie Taylor Greene, ” Dhingra, , “ Kamala Harris ’, Sangay Mishra, she’d, Trump, Harris “, Vivek, Nick Fuentes, Ramaswamy, Ann Coulter, Elon Musk, Dhingra, It’s, Payal Sawhney, she’s, Sawhney Organizations: Amherst College, South Asian, Trump, Democratic National Convention, Republican National Convention, South, Drew University, NBC, GOP, Elon, Indian, Locations: South, India, Georgia, , New Jersey, Indian, Indian American, U.S, ” Los Angeles
Views of the famed Taj Mahal in Agra, India, have been obscured by smog. New Delhi has a severe air quality level of 424, according to live rankings kept by Swiss group IQAir, the worst among global capitals. The city battles smog — a toxic mix of smoke and fog — every winter as cold air traps dust, emissions and smoke from illegal farm fires. Delhi flights faced delays, with tracking website Flightradar24 showing 88% of departures and 54% of arrivals were delayed as of Thursday afternoon due to smog. Lahore, the capital of Pakistan’s eastern province of Punjab, was rated the world’s most polluted city on Friday, in IQAir’s rankings.
Persons: Atishi, Taj, Pawan Sharma, stubble, Manish Swarup, ” Sahab Ram Organizations: DELHI, Delhi, Getty Locations: New Delhi, Agra, India, Amritsar . New Delhi, Swiss, Punjab, Haryana, Delhi, Punjab’s Fazilka, Lahore, Pakistan’s
The sale of conspiracy theorist Alex Jones’ media empire is a major blow to one of the defining independent media brands that ushered in a new era of fringe thinking, mainstreaming conspiracy theories once banished to the edges of the internet. And while Jones’ Infowars brand is now owned by the satirical news site The Onion, media researchers and conservative media experts say its legacy will live on thanks to the far-right media ecosystem it helped inspire, which continues to flourish. YouTube and other social media platforms began removing Jones’ videos in 2018 as they were flagged for violating content rules related to violent and graphic content. “What is going to happen with Infowars ‘Onion-ified,’ and what is going to happen to the kinds of internet conspiracy theorists who Alex Jones represents?” Phillips asked. “Alex Jones is not.”
Persons: Alex Jones, Jones, , A.J, Bauer, Donald Trump’s, Infowars, Sandy, Jones “, Reece Peck, Barack Obama, , ” Jones, Peck, ” Peck, Trump, Sandy Hook, Josh Owens, ” Owens, Owens, , Elon Musk, Whitney Phillips, ” Phillips, “ Alex Jones Organizations: University of Alabama, Sandy Hook Elementary, Free Speech Systems, Safety, Rush, City University of New York, College of, YouTube, Facebook, Twitter, Trump, Infowars, University of Oregon Locations: Newtown , Connecticut, Austin , Texas, College of Staten Island, Trump, Infowars
But rather than one of the more obvious outdoor wellness and adventure hubs, it’s actually Taiwan. “Several factors have contributed to the rapid growth of outdoor sports in Taiwan,” says Kate Chen of the Taiwan Tourism Administration. “There was a huge spike in young adults wanting to go hiking or cycling.”But it’s not just locals discovering the island’s outdoor opportunities. Floating in the South China Sea between Taiwan, Hong Kong and the Philippines, Dongsha Marine National Park offers an entirely different take on outdoor adventure. They also provide a venue for more than 100 nature trails that are part of a national trails network created in 2002.
Persons: CNN —, Topping, , Kate Chen of, Michael McCreesh, it’s, Krathon, Chen, Thao, Zhong, Nick Kembel, Taiwan's, , There’s, Xiao Baiyue Organizations: CNN, Taiwan Tourism Administration, Taiwan, Wellness, Scenic Area, Recreation, Villa, Taiwan Music, Dongsha, Park, MTB, Taiwan Surf Travel, Amis Locations: Chile , New Zealand, California, it’s, Taiwan, Belgium, Massachusetts, Taroko, Te, lakeview, Taipei, Wulai, Neidong, Beitou, Kenting, Fuji, Canadian, South China, Hong Kong, Philippines, , County, Hualien City
Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in the company's quarter ending Sept. 30, on the back of the performance of its equity investments. This compared with a LSEG outlook of 25.83 billion yuan. Revenue, meanwhile, came in at 236.5 billion yuan, 5% higher year-on-year but below an analyst forecast of 238.9 billion yuan, according to LSEG data. Investors are closely watching the performance of Alibaba's main business units, Taobao and Tmall Group, which reported a 1% annual uptick in revenue to 98.99 billion yuan in the September quarter. The e-commerce giant's overseas online shopping businesses, such as Lazada and Aliexpress, meanwhile posted a 29% year-on-year hike in sales to 31.67 billion yuan.
Persons: Alibaba, Organizations: Tmall, ING Locations: York, London, Beijing
The California Department of Insurance said the "bear" was actually a person in a costume. AdvertisementFour Californians said a bear damaged their luxury car, but insurers have accused them of insurance fraud involving someone dressed in a bear costume. However, CDI investigators determined that the "bear" in the footage was actually a person wearing a bear costume, the press release said. Insurance fraud is a major issue in the US. According to the Coalition Against Insurance Fraud, it costs the country over $300 billion annually.
Persons: , — Ruben Tamrazian, Vahe Muradkhanyan, Alfiya Zuckerman —, Royce, Mark Friedlander, Friedlander Organizations: California Department of Insurance, Service, CDI, California Department of Fish, Wildlife, San Bernardino County, Coalition Against Insurance, Insurance Information Institute, Fox Business, US Bureau of Labor Statistics Locations: California, Los Angeles, Ararat Chirkinian, Lake Arrowhead , California, San Bernardino, California , New York, Florida
Last week, Israeli soccer fans were attacked in the streets, Palestinian flags ripped off walls and antisemitic slurs yelled during riots. But the timeline of how tensions ignited in Amsterdam is different depending on which community you ask. “It’s really so, so manipulative… It only makes everything worse,” Jaïr Stranders, a local theater director and a board member of the Liberal Jewish Community of Amsterdam told CNN. But in Amsterdam, many local Jewish officials as well as the mayor have urged against using that description. “They are Dutch youth,” he noted, adding that Amsterdam is a city of many nationalities and many values that can peacefully coexist.
Persons: Amsterdam CNN —, “ It’s, it’s, It’s, Sheher Khan, ” Khan, , Itay Garmy, ” Garmy, Amsterdam Mayor Femke, they’re, David, Benjamin Netanyahu, Geert Wilders, Halsema, Mouneb, Khan, Wilders, Jaïr, Stranders, Netanyahu, ” Stranders, , Israel, Said Alawi, “ I’m, Abdelaziz Chandoudi, ” Chandoudi, Mohammed Rasool Organizations: Amsterdam CNN, CNN, Maccabi Tel Aviv soccer, Maccabi, Police, Amsterdam Mayor, Getty, Freedom Party, Union, Maccabi fans, Liberal Jewish, Amsterdam, Senior, Moroccan Locations: Amsterdam, Dutch, Gaza, Netherlands, Europe, Israel, Palestine, , Anadolu, Amsterdam’s, Morocco, Noord, Holland
The rise in India's income and wealth inequality is not a result of the poor getting poorer, Sumedha Dasgupta, senior analyst at the Economist Intelligence Unit (EIU) flags. India's income gap (which is the difference in wages earned between different demographic) comes alongside a worsening wealth divide too. Instead, the phenomenon comes as the "rich are getting much richer at a faster rate," she told CNBC's Inside India. India's 3 household groupsA more pressing issue brought on by India's wealth and income divide is the emergence of different categories of households with distinct standards of living. Unequal education opportunitiesThe EIU's Dasgupta attributes India's vicious wealth and income gap cycle in large part to mismatched education opportunities.
Persons: Knight Frank, Dasgupta, CNBC's, Shumita Deveshwar, Deveshwar Organizations: Economist Intelligence Unit, Blume Ventures, Oxfam, Private, Department of School Education, Global Commons Alliance, TS Lombard Locations: India, United States, Brazil, South Africa, Venture, Saharan Africa, Indian
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