DIRS.INFO The most relevant business & tech news

☆ Dr. Ezekiel Emanuel: China has not played by the same international health rules everyone else has
▼ + stars: | 2023-11-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDr. Ezekiel Emanuel: China has not played by the same international health rules everyone else hasHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Ezekiel Emanuel, Brian Sullivan, “ Organizations: CNBC Locations: China

☆ How Jewish People Built the American Theater
▼ + stars: | 2023-11-29 | by ( Jesse Green | ) www.nytimes.com time to read: +46 min

Let Us Tell You A Story How Jewish people built the American theater as we know it. The theater, which for many Jews was a major way of becoming American in the first place, seems unable to acknowledge that the danger that American Jews face is not just historical, and not just onstage. (Both of Adler’s parents were Yiddish theater stars — her father, Jacob Adler, was a renowned Shylock in 1903.) Embedding their own observation and experience within Stanislavsky’s, along with the best of Yiddish theater and a generous dollop of Freud, they converted the American theater to Judaism. Sara Krulwich/The New York TimesThe Jewish contribution to the creation of the American theater was built on the acknowledgment of a larger humanity alive within each of us, available to some, with natural empathy and rigorous training.

Persons: Glocca, “, Lerner, Loewe, ”, Isidore Hochberg, Burton Lane, né Burton Levy, William Goldman, “ Killybegs, Sammy Davis Jr, Julie Andrews, Connie Francis, Rosemary Clooney, Tommy Dorsey, Davis, —, Arthur Miller’s “, joyously, Jason Schmidt, Christine Jones, Miller, I’ve, Marilyn Monroe, Robert Brustein, Neil Simon’s, ” Cynthia Ozick, Sholom, Philip Roth, Simon, Leonard Bernstein, Matt Nadel, Bradley, Bernstein, “ Maestro, Shylock, William Shakespeare’s “, Venice ”, Shakespeare, Christopher Marlowe’s, Farah Karim, Cooper, Bard ”, “ Merchant, Tom Stoppard’s, Sara Krulwich, Ansky’s, Stella Adler, Bessie Berger, Clifford Odets’s, Arthur Miller, Elia Kazan, Francis Joseph Bruguière, Billy Rose, Eugene Smith, Roth, Arthur Schnitzler, Juliet Stevenson, Ruth Wolff, Lorraine Hansberry’s, Sidney’s, Alex Edelman’s “, Leo Frank, Bernard B, Frank, Mandy Patinkin, James Lapine, Stephen Sondheim’s, George, Martha Swope, outspokenness, creatives, Oscar Isaac, Sidney, “ Sidney Brustein, Isaac, Stevenson, Robert Icke, Roman Catholic Cooper, Rachel Brosnahan, Maisel, Joan Rivers —, Brosnahan, Sidney Brustein’s, Alec Guinness, Fagin, “ Oliver Twist, I’m, Micaela Diamond, Ben Platt, Lucille, Alfred Uhry, Jason Robert Brown’s, Rivers, Wolff, Robert, Republic ”, isn’t, LEE Strasberg, Konstantin Stanislavsky’s, Fyodor Ivanovich, Strasberg, Israel Strassberg, Zalmon, Srulke, Joseph Stein, Sheldon Harnick, Jerry Bock’s “, Bette Midler, Jackie Hoffman, Photofest Stanislavsky, Theater’s, Isaac Butler, Stanislavsky, Harold Clurman, George Bernard Shaw, Henrik Ibsen, Clurman, Adler, Jacob Adler, Freud, Rebecca Naomi Jones, Ruthie Rivkin, Jerome Weidman, Harold Rome’s “, John Weidman, disown Strasberg, Sanford Meisner, Bobby Lewis, né, Marlon Brando, James Dean, Meisner, Robert Duvall, Lewis, Meryl Streep, Clifford Odets, Jacob Garfinkle, Jules Garfield, Odets, Sam Feinschreiber, Garfield, Ralph Berger, wasn’t, John, Tovah Feldshuh, Golda Meir, William Gibson’s, Aaron Epstein, exigencies, Bessie, Feinschreiber —, loveless, William Fox, Louis B, Mayer, Jack Warner, Marjorie Morningstar ”, Morgenstern, Marjorie, Natalie Wood, Anne Frank ”, Millie Perkins, Audrey Hepburn, Susan Strasberg —, Ibsen, Sholom Aleichem, August Wilson, Daveed Diggs, Thomas Jefferson, Lin, Manuel Miranda’s “ Hamilton ”, Adrian Lester, Emanuel Lehman —, Barbra Streisand, Marmelstein, George Silk, Miller’s, Sophie Okonedo, Elizabeth Proctor, Ben Whishaw, John Proctor, Jan Versweyveld, Don’t, — Bernstein, Stoppard, Schnitzler, Jeanine Tesori, Tony Kushner’s “ Caroline, Sharon D Clarke, Adam Makké, Noah Gellman, Leo, Stoppard —, Hermine, ” Leo Frank, there’s, Matthew Broderick, Eugene Jerome, it’s, Edelman’s, Queens bigots, David Yosef Shimon ben Elazar Reuven Alexander Halevi Edelman, Woody Allen, Joshua Harmon’s, — George Gershwin, Jerome Kern, Richard Rodgers, Porgy, Bess ”, Barns, Alex Edelman, Paula Vogel, Harvey Fierstein, Jordan Taylor Fuller, — that’s, Wendell Pierce, Friedman, Jacobs, Hirschfeld, Gershwin, Rodgers, PAULA VOGEL, BRANDON URANOWITZ, DAVID CROMER, MICAELA DIAMOND, TONY KUSHNER, Diamond, Monica Rich Kosann, Marco Bicego, JESSE EISENBERG, MATTHEW BRODERICK, AMY HERZOG, LESLIE RODRIGUEZ KRITZER, JOEL GREY, Herzog, Michael Kors, Kritzer, Marco, HARVEY FIERSTEIN, LIEV SCHREIBER, ETHAN SLATER, IDINA MENZEL, TINA LANDAU Organizations: Broadway, Broadway’s Lyceum, “, of Venice, New York Times, Defamation League, New York Public Library, Performing, Vandamm, Billy, Billy Rose Theatre Division, Performing Arts, New, Jacobs, Empire State, Nazi, Goyim Defense, The New York Public Library, Roman Catholic, New York City, Street, Moscow Art, Group, Hollywood, Disney, Everett, The New York Times, Philadelphia, Brit, Times Locations: Poland, American, kilts, E.Y, Harburg, Kilkerry, Kildare, Philadelphia, New York, Polish, Massachusetts, Vichy, Biloxi, Venice, Malta, of, ”, Germany, playgoers, Sweden, England, United States, Pittsburgh, Nazi, Brustein’s, Greenwich, Georgia, Gutenberg, “, Atlanta, Republic, New, Konstantin Stanislavsky’s Moscow, Russian, America, Moscow, Stanislavsky’s, Clurman, Eastern Europe, Czech, Austrian, Auschwitz, Heini, Southern, Brighton, Rivers, French Republic, “ Brigadoon

☆ Evercore ISI says scoop up these tax loss 'leftovers' that are trading cheaply at year-end
▼ + stars: | 2023-11-27 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Analyst Julian Emanuel said investors should consider snapping up stocks that Evercore ISI calls "tax loss targets." Such stocks are being sold by investors looking to realize their losses and cut their 2023 tax bill before year-end. The average analyst has a buy rating and price target implying upside of about 32%, according to LSEG. The average analyst has a buy rating on the stock with a price target reflecting upside of nearly 39%, per LSEG. In addition to holding an average buy rating, analysts polled by LSEG forecast a price target implying Corteva could rally nearly 26% over the next year.

Persons: Julian Emanuel, Emanuel, there's, Aptiv, Piper Sandler, FactSet, Alexander Potter, LSEG, OkCupid, — CNBC's Michael Bloom Organizations: ISI, Pfizer, Aptiv, CNBC Pro, Wall, LSEG Locations: Israel

☆ Princess Diana's iconic engagement blouse was made from a ruined dress. Now, it's expected to sell for $100,000 — if not more — at an auction.
▼ + stars: | 2023-11-27 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +5 min

Princess Diana wore a pink blouse in her engagement portrait in 1981. AdvertisementOne of Princess Diana's most iconic garments is being auctioned off. The auction house, Julien's Auctions, estimates that it will fetch between $80,000 and $100,000 when it sells. As of Monday, Diana's blouse has one bid for $80,000, and Julien's Auctions anticipates it could sell for as much as $100,000. In addition to the Emanuel blouse, the Julien's Auctions TCM Hollywood Legends auction will also feature a Jacques Azagury dress Diana wore on multiple occasions.

Persons: Diana, David, Elizabeth Emanuel, —, Princess Diana's, Charles, Lord Snowden, Princess Margaret, Alastair Grant, Audrey Hepburn, Greta Garbo, Elizabeth, Diana's, DANIEL LEAL, hadn't, David Levenson, Diana wasn't, Emanuel, Jacques Azagury, Princess Diana, Prince Charles, Jayne Fincher Organizations: Service, Vogue, Kensington Palace, AP, Julien's, TCM Hollywood, Business, mascara, Getty, Westminster Abbey, New, New York Historical Locations: Kensington, Westminster, Italy, Canada, New York

☆ Trudeau demands end to antisemitic acts after attack in Montreal
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Nov 27 (Reuters) - Canadian Prime Minister Justin Trudeau on Monday condemned an attack on a Jewish community center in Montreal and said antisemitic violence must stop immediately. A Molotov cocktail was thrown into the entrance of the Jewish Community Council of Montreal just after midnight on Sunday, according to the council. The attack adds to the growing cases of violence in Montreal since the start of the Gaza conflict between Israel and Hamas on Oct. 7. Earlier this month, two Jewish schools in Montreal reported that shots were fired at their entrances. "These continued acts of antisemitic violence are deplorable and unacceptable – and must stop immediately.

Persons: Justin Trudeau, Blair Gable, Molotov, Saul Emanuel, Montreal, " Trudeau, Ismail Shakil, Sandra Maler Organizations: Canada's, REUTERS, Rights OTTAWA, Canadian, Jewish Community Council of, CBC News, X, Police, Thomson Locations: Ottawa , Ontario, Canada, Montreal, Jewish Community Council of Montreal, Gaza, Israel, Toronto, Canada's, Ottawa

☆ Princess Diana’s ruff-collared blouse, worn in engagement portrait, is going on sale
▼ + stars: | 2023-11-27 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —A ruff-collared, pale pink blouse Princess Diana wore in a 1981 engagement portrait is expected to fetch up to $100,000 when it goes up for auction next month. Diana wore the blouse while posing for a portrait taken by Lord Snowdon that several magazines and newspapers, including Vogue, used when her engagement to the then Prince Charles (later King Charles III) was announced. After the blouse was worn by Diana, the designer held onto it until she sold it in 2010. Another of Diana’s outfits, an evening dress she wore in public twice, is expected to sell for up to $200,000 at the same auction. Other items in the auction include memorabilia used or worn by some of Hollywood’s biggest stars in the 1950s and 1960s.

Persons: Diana, Lord Snowdon, Prince Charles, King Charles III, Elizabeth, David Emanuel, Elizabeth Emanuel, ”, ” Emanuel, Audrey Hepburn, Marilyn Monroe Organizations: CNN, Vogue, Beverly, Kensington Palace, CNN’s Royal Locations: Kensington, Beverly Hills

☆ ‘Manahatta,’ Mary Kathryn Nagle’s Play About the Lenape, Comes Home
▼ + stars: | 2023-11-24 | by ( Alexis Soloski | More About Alexis Soloski | ) www.nytimes.com time to read: +1 min

Mary Kathryn Nagle moved to Manhattan in 2010. These dueling histories, recent and long ago, inspired Nagle’s play “Manahatta.” Now in previews at the Public Theater, it will run through Dec. 23. Named for the Lenape word for Manhattan, which translates to “island of many hills,” the drama volleys between the 17th century and the early 21st, and between Manahatta and Manhattan and Anadarko. The seven actors in the cast each play a character in each period. This is the play’s third production, but the first on the island on which it is largely set.

Persons: Mary Kathryn Nagle, ”, Nagle, Quinn Emanuel Organizations: Cherokee, Delaware Indians, National Museum of, Public Locations: Manhattan, Oklahoma, Delaware, Anadarko, Bartlesville, New York, Manahatta

☆ 5 essential books and articles that are required reading for Hollywood up-and-comers, according to a top TV agent at WME
▼ + stars: | 2023-11-24 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

In the end, though, motivated by his fascination with the business side of entertainment, he'd choose a different path: to become an agent at WME, the powerhouse Hollywood talent agency he joined through its storied mailroom training program. Singer advises industry newcomers to read as much as they can to get ahead. WME partner Bradley Singer maintains a list of must-read books and articles for industry newcomers. "When Hollywood Had a King by Connie Bruck" (2004): "You can't understand modern Hollywood without understanding Lew Wasserman, who revolutionized both the talent agency business and the studio business between MCA and Universal. "The Agency: William Morris and the Hidden History of Hollywood" is one of WME partner Bradley Singer's must-read book recommendations.

Persons: Bradley Singer, he'd, Singer, Lydia Barry, Kaitlin Collins, Symone Sanders, Linsey Davis, Sunny Hostin, Ana Navarro, hadn't, — Singer, Read, William Morris, Frank Rose, Connie Bruck, Lew Wasserman, Connie Bruck's, EJ Kahn, Abe Lastfogel, Lastfogel, Sue, Peter Biskind, Sue Mengers, Gene Hackman, Barbra Streisand, Sue …, Mark McCormack —, Swift, McCormack, Wasserman, Ovitz, Emanuel, Bradley Singer's Organizations: Carnegie Mellon University, Bradley, Hollywood, WME, Business, CNN, MSNBC, ABC News, Street Journal Studios, Bloomberg Media, Puck, —, MCA, Universal, Lindy's, Yorker, East, Sports, IMG Locations: WME, New York City, Hollywood

[1/2] British Prime Minister Rishi Sunak speaks during the opening session of the Global Food Security Summit at Lancaster House in London, Britain November 20, 2023. Years of political churn - with five prime ministers and a non-stop ministerial carousel since the 2016 Brexit vote - have shaken Britain's reputation for stability among investors. Some executives say the country, long a magnet for FDI, has simply taken them for granted. But companies and investors say that a focus by regulators on limiting costs for bill-payers in sectors such as water, telecoms and energy has crimped investment. British investment minister Dominic Johnson said the government would be in listening mode at the gathering on Nov. 27 to hear how it can remove hurdles.

Persons: Rishi Sunak, Dan Kitwood, Sunak, Emanuel Macron, Jack Paris, Paris, Jeremy Hunt, EY, Alina Osorio, Mikhail Taver, Richard Harrington, Harrington, Dominic Johnson, Johnson, Kate Holton, Sinead Cruise, Andy Bruce, Alexander Smith Organizations: British, Global Food Security, Lancaster House, Hampton Court, Partners, Reuters, European Union, United, Labour Party, India's Tata Group, Britain, AstraZeneca, Ireland, Thomson Locations: London, Britain, Hampton, France, Versailles, European, Germany, United States, Europe, Delaware

☆ CEO of GM's Cruise robo-taxi unit resigns amid US safety review
▼ + stars: | 2023-11-20 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +4 min

Nov 19 (Reuters) - - Kyle Vogt, the CEO of General Motors' robot-taxi unit Cruise, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet. The Cruise board met on Nov. 13 and the next day named GM general counsel Craig Glidden as Cruise's chief administrative officer. The board also said it would retain a third-party safety expert to assess safety operations and culture. Former Tesla President Jon McNeill, a GM director since 2022, was named vice chairman of the Cruise board alongside Barra, who is the chair. The National Highway Traffic Safety Administration in October opened an investigation into pedestrian risks at Cruise and the Cruise board hired law firm Quinn Emanuel to review Cruise management's responses to regulators investigating the Oct. 2 accident.

Persons: Kyle Vogt, Vogt, Cruise, Vogt's, Craig Glidden, Stephen Lam, Mary Barra, Glidden, Mo Elshenawy, Jon McNeill, Barra, Quinn Emanuel, Greg Bensinger, David Shepardson, Kenneth Li Organizations: General Motors, Reuters, GM, Cruise, Honda, REUTERS, California Department of Motor Vehicles, Traffic Safety Administration, Thomson Locations: United States, San Francisco , California, U.S, San Francisco

☆ NFL roundup: Lions storm back in fourth, stun Bears
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +10 min

Jared Goff, who threw a season-high three interceptions, engineered two fourth-quarter scoring drives and finished with 236 yards passing and two touchdowns for Detroit (8-2). Wilson completed 27 of 35 passes for 259 yards in the Broncos' fourth consecutive victory. Joshua Dobbs completed 20 of 32 passes for 221 yards, one touchdown and one interception for Minnesota (6-5). Giants 31, Commanders 19Tommy DeVito threw three touchdown passes and the New York defense forced six turnovers in a victory over Washington in Landover, Md. Bills 32, Jets 6Josh Allen threw three touchdown passes and Buffalo avenged a Week 1 loss to New York with a victory in Orchard Park.

Persons: David Montgomery, David Reginek, Jared Goff, Justin Fields, DJ Moore, Goff, Jameson Williams, Sam LaPorta, Aidan Hutchinson, Fields, Russell Wilson lobbed, Courtland, Sutton, Wilson, Joshua Dobbs, Dobbs, Dorian Thompson, Robinson, Dustin Hopkins, Pittsburgh . Thompson, Deshaun Watson, Jaylen Warren, Warren, Kenny Pickett, Dak Prescott, Tony Pollard, Prescott, Carolina's, DaRon Bland, Bryce Young, Young, Jordan Love, Love, Christian Watson, Love's, Jayden Reed, Aaron Jones, Emanuel Wilson, Justin Herbert, Keenan Allen, Joey Bosa hobbled, C.J . Stroud, Stroud, Tank Dell, Devin Singletary, Murray, Trevor Lawrence, Calvin Ridley, Will Levis, Tua Tagovailoa, Jalen Ramsey, Tyreek Hill, Hill, Tagovailoa, Aidan O'Connell, Davante Adams, Antonio Pierce, Tommy DeVito, Isaiah Simmons, Sam Howell, Howell, Saquon Barkley, DeVito, Brock Purdy, Brandon Aiyuk, Purdy, Christian McCaffrey, George Kittle, Tampa Bay's Baker Mayfield, Mike Evans, White, Josh Allen, Joe Brady, Ken Dorsey, Allen, Zach Wilson, Tim Boyle, Boyle, Lucas Havrisik, Geno Smith, Jason Myers, Kenneth Walker III, Cooper, Smith, Matthew Stafford, Royce Freeman Organizations: Detroit Lions, Chicago Bears, Ford Field, Bears, Detroit, Chicago, Broncos, Vikings, Courtland Sutton, Denver, Minnesota, Browns, Steelers, Pittsburgh, UCLA, Cleveland, Cowboys, Panthers, Dallas, Carolina, Packers, Chargers, Los, Green, Texans, Cardinals, Houston, Arizona, Jaguars, Titans, Jacksonville, Tennessee, Dolphins, Raiders, Miami, Las Vegas, Miami Gardens, NFL, Las, Giants, New, Washington, 49ers, Buccaneers, Tampa, Bills, Jets, Buffalo, AFC East, Miami . New, Rams, Seahawks, Seattle, Thomson Locations: Detroit , Michigan, USA, Montgomery, Cleveland, Charlotte, N.C, Green, Los Angeles, Angeles, Miami, Fla, Tyreek, Las Vegas, New York, Landover, Md, DeVito, Francisco, Tampa Bay, Santa Clara, Calif, Tampa, Orchard Park, Miami . New York, Inglewood , Calif

☆ Opinion: An 11-year-old who survived Uvalde says he and his friends will ‘never be the same’
▼ + stars: | 2023-11-19 | by ( Opinion Danielle Campoamor | ) edition.cnn.com time to read: +7 min

CNN —On May 24, 2022, then-fourth-grader Daniel Ruiz managed to escape the Robb Elementary School shooting in Uvalde, Texas that claimed the lives of 19 of his classmates and two teachers. But Daniel, now 11, says the fun-loving kid he was, prior to that fateful day, did not survive the massacre. “My friends, cousins and I will never be the same again … I miss how happy I used to be. Yet these harrowing statistics do not fully or adequately encapsulate the true, ever-lasting harm caused by acts of gun violence. According to a recent study published in the journal Health Affairs, in the one-year period after a shooting, survivors’ health care costs increased by about $34,884, or a 17.1-fold increase.

Persons: Danielle Campoamor, CNN —, Daniel Ruiz, Daniel, Danielle Campoamor Ashley Batz, ” Daniel, “, …, Daniel —, Briana Ruiz, Daniel’s, ” Briana Ruiz, Briana Ruiz Dr, Chethan, Sathya, ”, aren’t, Dr, Jill Emanuel, Emanuel, ” Emanuel, wasn’t Organizations: NBC, CNN, Robb Elementary School, US Centers for Disease Control, Prevention, Health Affairs, Center for, Northwell Health, PEW Research Center, Child Mind Locations: Uvalde , Texas, United States

That's certainly what ESPN executives thought, and they wanted to tie in Stevenson's fight against Edwin De Los Santos for the vacant WBC lightweight world championship with the opening night of the Formula One Las Vegas Grand Prix. It certainly makes sense from a programming standpoint, giving ESPN a Las Vegas lead-in as it promotes both events. Top Rank CEO Bob Arum told fighthype.com that's also why a fight will take place on the Thursday before the Super Bowl, which is Feb. 11 in Las Vegas. Top Rank president Todd duBoef said, however, other events such as the NFL draft in Las Vegas last year had other attractions tied to them that made the overall experience a success. That led to discussions about staging a fight night that could feed off the F1 publicity and even draw those in town primarily to see the race.

Persons: — Shakur Stevenson, That's, Edwin De Los Santos, Bob Arum, fighthype.com that's, I'm, ” Arum, Todd duBoef, ” duBoef, “, we've, duBoef, ” DuBoef, Stevenson, De Los Santos, Mexico’s Emanuel “ Vaquero, Brazil's Robson Conceição, Conceição Organizations: LAS VEGAS, ESPN, WBC, Las, Formula One, Mobile, Las Vegas, Super, WBO Locations: Las Vegas, Vegas, Newark , New Jersey, Dominican Republic

"This orderly pause is a further step to rebuild public trust while we undergo a full safety review," Cruise said in a blog post. In addition, Cruise will hire an outside safety expert to review the company's safety operations and culture, according to the blog post. Cruise previously said it had retained law firm Quinn Emanuel to examine Cruise's response to the accident. The teams under Glidden include communications and finance, according to the blog post. The U.S. National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the safety of Cruise vehicles.

Persons: Heather Somerville, Cruise, Quinn Emanuel, Craig Glidden, Mary Barra, David Shepardson, Ben Klayman, Chris Reese Organizations: General Motors Corp, REUTERS, WASHINGTON, General Motors, Cruise, Detroit automaker, Glidden, GM, U.S . National, Traffic Safety Administration, California Department of Motor Vehicles, Thomson Locations: San Francisco , California, U.S, DETROIT, San Francisco

China detained the executive, named in several media reports as Hiroshi Nishiyama, on suspicion of espionage in March, and he was formally arrested last month. Japan's then foreign minister protested the executive's detention with his Chinese counterpart on a visit to Beijing in April. China's foreign ministry did not immediately respond to a request for comment. Half the respondents in a recent survey of Japanese companies doing business in China said they would cut investments this year. It's a very difficult point in time to be navigating that as a decision maker, in business or politics," he said.

Persons: Fumio Kishida, Xi Jinping, Rahm Emanuel, Hiroshi Nishiyama, Japan's, Xi, Masashi Mizobuchi, Nishiyama, Takeshi Niinami, Niinami, Stefan Angrick, Yukiko Toyoda, Kiyoshi Takenaka, John Geddie, Sakura Murakami, Francis Tang, Laurie Chen, Antoni Slodkowski, Andrew Silver, Lincoln Organizations: Economic Cooperation, Kyodo, drugmaker Astellas Pharma, APEC, Reuters, Japanese Chamber of Commerce, Japan Association of Corporate, Suntory, Moody's Analytics, Thomson Locations: Asia, Bangkok, Thailand, TOKYO, BEIJING, China, San Francisco, Tokyo, U.S, Japan, Beijing, officialdom, Shanghai

But right now, the unit's operations are shut down as regulators investigate the safety of Cruise's self-driving vehicles. Cruise had $1.7 billion in cash as of Sept. 30, enough to last nine months at the current cash burn rate. As Cruise's troubles intensified, investors on Thursday sent GM shares down more than 3% to $26.65, its lowest closing price since August 2020. In addition to the problems at Cruise, GM last month agreed to a costly new contract with the United Auto Workers, and scaled back plans to expand electric-vehicle production. California regulators suspended Cruise's license to operate, and have accused Cruise officials of misrepresenting information about the incident.

Persons: Heather Somerville, Mary Barra, Cruise, Cruise's, Lawrence Paustian, Barra, Quinn Emanuel, Shinji Aoyama, It's, Kyle Martin, Martin, Jason Petitte, Paul Jacobson, Biden, Ben Klayman, Joseph White, David Shepardson, Matthew Lewis Organizations: General Motors Corp, REUTERS, Rights DETROIT, General Motors, GM, Honda, Cruise, United Auto Workers, Pzena Investment Management, Reuters, Westwood Group, California Department of Motor Vehicles, U.S . National, Traffic, Administration, Thomson Locations: San Francisco , California, U.S, Cruise, Japan, Chicago, Waymo, San Francisco, California, Detroit, Washington

☆ Vince McMahon plans to sell a big chunk of his shares in WWE parent TKO
▼ + stars: | 2023-11-09 | by ( Mike Calia | ) www.cnbc.com time to read: +2 min

World Wrestling Entertainment Inc. Chairman Vince McMahon appears in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Vince McMahon plans to sell a substantial chunk of his stake in TKO , the parent company of WWE, the wrestling empire founded by his father, TKO said in a release ThursdayTKO's stock fell 5% after the closing bell Thursday. McMahon intends to sell 8.4 million of his shares, worth about $700 million. He owned more than 28 million shares as of August, according to a regulatory filing. The company said it and several executives are looking to buy shares from McMahon.

Persons: Vince McMahon, TKO, McMahon, honcho, Dwayne, Johnson, John Cena, Ari Emanuel, hasn't Organizations: Entertainment Inc, WWE, Thomas &, Forbes, UFC, Endeavor Group, Endeavor, Endeavor's Locations: Las Vegas , Nevada, McMahon, Silver

☆ GM's Cruise recalling 950 driverless cars after pedestrian dragged in crash
▼ + stars: | 2023-11-08 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo Acquire Licensing RightsWASHINGTON, Nov 8 (Reuters) - Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis and will likely issue more recalls, General Motors' (GM.N) self-driving unit said. The recall is the latest setback for GM's Cruise unit that faces growing questions about its technology that GM says it key to its growth plans. Cruise said last month it would halt operations nationwide after California regulators suspended the robotaxi operator's license, saying the Cruise self-driving vehicles were a risk to the public. Cruise is facing two federal investigations over the safety of its cars, including two incidents where the robot cars appeared not to yield to pedestrians in crosswalks.

Persons: Elijah Nouvelage, Mary Barra, Cruise, Quinn Emanuel, David Shepardson, Washington Abinaya, Chandni Shah, Anil D'Silva Organizations: GM Bolt, REUTERS, Rights, General Motors, National, Traffic Safety Administration, GM's, GM, Origin, Thomson Locations: San Francisco , California, U.S, United States, San Francisco, California, crosswalks, Phoenix , Arizona, Houston, Austin, Dallas, Texas, Miami, Washington, Bengaluru

☆ GM's Cruise is recalling 950 robotaxis after pedestrian collision
▼ + stars: | 2023-11-08 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

Cruise, the autonomous vehicle venture owned by General Motors , has issued a recall effecting 950 of its robotaxis following a pedestrian collision in San Francisco last month. The Oct. 2 collision triggered a federal probe. According to the Cruise filing with the NHTSA on Nov. 7, following the collision, Cruise found defects within its automated driving system software, specifically pertaining to its "Collision Detection Subsystem." This issue could occur after a collision with a pedestrian positioned low on the ground in the path of the AV." After Cruise lost its permits in California and faced a public backlash over safety concerns, the company also temporarily suspended production of its Cruise Origin driverless vans.

Persons: Cruise, Louise Zhang, Elon Musk, Quinn Emanuel Organizations: General Motors, National, Traffic, Administration, Google, Tesla, Cruise, GM Locations: San Francisco, California, Detroit

☆ ‘Watch Night’ Review: For Spacious Skies, for Rancorous Waves of Hate
▼ + stars: | 2023-11-08 | by ( Elisabeth Vincentelli | ) www.nytimes.com time to read: +1 min

Some of them are imprinted with the text of the Second Amendment, others a rallying cry: “We fight fascists.” Among the most eye-catching is an ad for N.R.A. memberships, with its promise of “$5,000 Accidental Death and Dismemberment insurance.”But what about intentional deaths? “Watch Night,” a new multigenre hybrid show, is interested in those, specifically the ones fueled by homegrown prejudice. He wrote the libretto for “We Shall Not Be Moved” (2017), an opera inspired by the police bombing in 1985 of a Philadelphia house occupied by Black activists, with an artistic team that included Jones and Lauren Whitehead, the “Watch Night” dramaturg. Unfortunately, those experiences have not helped focus this new production.

Persons: Perelman, Bill T, Jones, Marc Bamuthi Joseph, Tamar, kali, Joseph, Carlos Simon, “, George Floyd, Lauren Whitehead Organizations: Perelman Performing, Emanuel African Methodist Episcopal Church, Minnesota Orchestra, Black Locations: Charleston, S.C, Pittsburgh, “ brea, Philadelphia

☆ SEC Chair Gensler says rebooted FTX run by ex-NYSE chief is possible if done 'within the law'
▼ + stars: | 2023-11-08 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

WASHINGTON — A revived FTX could work if new leadership does so with a clear understanding of the law, SEC chair Gary Gensler told CNBC on the sidelines of DC Fintech Week. "If Tom or anybody else wanted to be in this field, I would say, 'Do it within the law,'" Gensler said on Wednesday. Alameda was a market maker for the FTX exchange, and was given privileges, such as a $65 billion line of credit requiring no collateral. "We would never let the New York Stock Exchange also operate a hedge fund and trade against their members or trade against customers in the market," said Gensler. "FTX and Alameda had an extremely problematic relationship," Castle Island Venture's Nic Carter told CNBC.

Persons: Gary Gensler, Emanuel Cleaver, WASHINGTON —, Gensler, Tom Farley, Farley, FTX, Sam Bankman, Fried, Nic Carter Organizations: Financial, Securities and Exchange Commission, SEC, CNBC, DC, New York Stock Exchange, Alameda Research Locations: Rayburn, Alameda, FTX

☆ Evercore ISI says S&P 500 may 'overshoot' year-end target
▼ + stars: | 2023-11-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The S & P 500 has successfully weathered several key tests and should be in line for a year-end rally, according to Evercore ISI. "The implications set the S & P 500 on course to our year-end 4,450 PT, with a potential for overshoot to YTD highs," Emanuel continued. If the S & P 500 hits that mark, it means that the stock index will rise another 2% by the end of the year. The S & P 500 has fallen for three straight months and is down 5% since its year-to-date high near 4,600 in late July. .SPX YTD mountain The S & P 500 is down about 5% from its year to date high.

Persons: Julian Emanuel, Emanuel, — CNBC's Michael Bloom Organizations: ISI, Treasury, Survey

☆ The Israel-Hamas war threatens to derail Middle Eastern investment in US media and entertainment
▼ + stars: | 2023-11-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Still, the US presence highlighted the deepening ties between Hollywood and the region , as Western media, entertainment, and sports entities have seen major investment in recent years from Saudi, Qatar, and the UAE. Even before October 7, US entities that were receiving investment from the Middle East were reluctant to speak publicly about those relationships. Insider spoke with investors, producers, and other media and entertainment stakeholders about what's next for Hollywood's relationships with Mideast backers. Qatar hasn't seen any recent major deals but earlier this year, Peter Chernin and Providence Equity's production roll-up The North Road received $150 million from the Qatar Investment Authority. "The political nature gets more complicated," an industry insider observer said, noting how countries like Qatar are grabbing headlines for their role in the situation.

Persons: haven't, Jamal Khashoggi, Israel, it's, Knaebel, They're, Greg Silverman's, Silverman, Harry Potter, Chris Nolan's, Abu Dhabi's, Ari Emanuel, Peter Chernin, Jeff Zucker, LIV Golf Organizations: Film, Washington Post, Hollywood, Global Media, Saudi, Stampede Ventures, Warner Bros, Endeavor, Qatar hasn't, Providence, North, Qatar Investment Authority, IMI, CNN, Investment Fund, PGA Locations: Saudi Arabia, American, Jeddah, Saudi, Qatar, UAE, Gaza, Israel, Germany, Silver

☆ Opinion | Do Today’s Students Lack Ethics?
▼ + stars: | 2023-11-04 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “The Moral Deficiencies of a Liberal Education,” by Ezekiel J. Emanuel (Opinion, Oct. 22):In my upper-level Georgetown University ethics course, “Ethics of Global Leaders,” a discussion of the conflict between Hamas and Israel devolved into chaotic and accusatory yelling. There were high emotions, but almost no discussion of practical ethics. Little was learned because students, billed as the world’s future leaders, lacked a moral vocabulary, one strong in substance and cognizant of nuance, to discuss the situation. Fixing this will take time, but it starts with instilling a moral vocabulary through embracing disagreement. Students must learn to discuss, not disregard, the opinions of those whom they vehemently disagree with.

Persons: ”, Ezekiel J, Emanuel, Little, Dr Organizations: Liberal Education, Georgetown University, Global Locations: Israel

Cruise's board has hired law firm Quinn Emanuel to review Cruise management's responses to regulators investigating the Oct. 2 accident, and technology consultancy Exponent to review Cruise's technology. Our commitment to Cruise with the goal of commercialization remains steadfast.”Federal and state safety regulators are investigating a series of accidents involving driverless Cruise vehicles. California regulators suspended the company's license to operate driverless vehicles last month, saying the self-driving vehicles were a risk to the public. Federal regulators last month told Cruise they are investigating incidents in which Cruise driverless cars appeared to fail to yield to pedestrians in crosswalks. Cruise said last week it would pause all driverless operations "while we take time to examine our processes, systems, and tools."

Persons: Elijah Nouvelage, Cruise, Cruise's, Quinn Emanuel, Mary Barra, Barra, Joe White, Jonathan Oatis Organizations: GM Bolt, REUTERS, General Motors, DETROIT, New York Times, GM, driverless, Traffic, Administration, Honda, Cruise, Thomson Locations: San Francisco , California, U.S, Federal, California, crosswalks, Cruise, Japan

Search resuls for: "Emanuel"

25 mentions found