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☆ A groundbreaking new Ralph Lauren collection celebrates Indigenous design
▼ + stars: | 2023-12-05 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +9 min

In 2020, Ralph Lauren launched initiatives to expand its “collegiate sensibility,” which first resulted in a 2022 collaboration with Morehouse and Spelman Colleges incorporating the traditions and styles of historically Black colleges and universities. “Ralph Lauren has always been inspired by the people, art and cultures that make up America,” wrote David Lauren, son of founder Ralph and the company’s chief branding and innovation officer, in an email to CNN. Courtesy Ralph LaurenThe designer, activist and TikTok-famous skateboarder enthusiastically “reimagined” signature Ralph Lauren silhouettes, like the Great Ranch Coat, an outerwear piece she’d admired for years. “So it was just me, weaving exactly how they would, just true to their own style.”"Heritage and tradition are at the center of everything I love," said Ralph Lauren in a statement. Ryan RedCorn/Courtesy Ralph LaurenGlasses' collection features 32 pieces total, in colors "inspired by her homeland on Navajo Nation," the brand said.

Persons: Ralph Lauren’s, “ It’s, Ralph Lauren polos, nava, “, ”, Ralph Lauren, ’ ”, Ryan RedCorn, Ralph Lauren “, Tyler Sr, —, Gabriella Hearst, Jai Al, “ Ralph Lauren, David Lauren, Ralph, America —, Glasses, I’m, Ralph Lauren Glasses, Piki Wadsworth, Ralph Lauren flagships, Osage multihyphenate, ’, Daryn, “ Ryan, Ralph Lauren's, Ralph Lauren That’s, Phillip Bread, Mato Mayuhi, Tyler Organizations: CNN, New, Futures, Morehouse, Spelman Colleges Locations: Rock Point , Arizona, Navajo, New York City, Oxford, America, concho, Saltillo, White, Phoenix, lensed

☆ New supplier and Wall Street numbers show why Apple stock is back near a record
▼ + stars: | 2023-12-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

New data from a major Apple supplier and Wall Street analysts pushed back against bearish calls around softening demand for the tech giant's devices and services. Bank of America analysts, meanwhile, said Tuesday that Apple's App Store revenue continued to increase last month. App Store sales in China rose 8% year-over-year in November, according to BofA, after experiencing 10% year-over-year growth in October. Overall, BofA said App Store revenue surged 11.3% year-over-year in Apple's fiscal 2024 first quarter to date, or about 61 days in. A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023.

Persons: bearish, Foxconn, Apple's, Jim Cramer, Jim, That's, BofA, we've, Jim Cramer's, Aly Song Organizations: Wall Street, Apple . Bank of America, Apple, Wall, Bank of America, U.S, CNBC Locations: China, BofA, Beijing, Apple's, India, Shanghai

☆ Opinion | To Win on Abortion, Republicans Must Reckon With What ‘Pro-Life’ Means Today
▼ + stars: | 2023-12-04 | by ( Liz Mair | ) www.nytimes.com time to read: +1 min

Electoral results since the Dobbs v. Jackson Women’s Health Organization decision should tell a lot of people in the Republican Party something they absolutely do not want to hear: Even rank-and-file G.O.P. voters are not as pro-life as we might have thought when Roe v. Wade was the law of the land. That trend was confirmed last month in Ohio — the latest sign that the Republican Party needs to figure out a new way of addressing abortion. Many conservatives may call themselves pro-life, but in practice, that may be a more aspirational statement than an accurate reflection of hard policy views. As Republicans are finding out today, “pro-life” means many things to many people.

Persons: Dobbs, Roe, Wade, —, ” Organizations: Jackson, Health, Republican Party Locations: Ohio, galvanizing

☆ Gen Z women spend more on TikTok as app 'drives consumption,' analyst says
▼ + stars: | 2023-12-04 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

Filippobacci | E+ | Getty ImagesGen Z women are driving spending trends on TikTok. "TikTok is a Gen Z women-centric app and it is setting the tone and the narrative for what is 'hot' online," said Ellyn Briggs, a brands analyst at Morning Consult. A larger share of Gen Z women, 75%, use TikTok compared to their male counterparts, 62%, a separate Morning Consult report found. Sophia Bera Daigle certified financial plannerSocial media platforms like TikTok take the concept to a different level, especially for Gen Z. Two money guardrails for 20-something womenExperts say it's important for young women in their 20s to remember the following two things when it comes to observing their contemporaries exhibiting expensive lifestyles: 1.

Persons: Ellyn Briggs, Briggs, TikTok, Z's, Shaun Williams, boomers, Williams, Sophia Bera Daigle, FOMO, Gen Zers, LendingTree, Daigle, guardrails, it's, They're Organizations: Morning, Paragon Capital Management, CNBC, Gen, CNBC FA Locations: Denver, Austin , Texas

Indeed, studies show that drinking alcohol is less in vogue with younger millennials and Gen Z. Mounting concern around weight loss drugs GLP-1 drugs, which mimic the action of the glucagon-like peptide-1 hormone and stimulate insulin secretion after a meal, lower blood sugar and send feeling of fullness to the brain. What's more, GLP-1 drugs are an overwhelmingly American topic, with most Europeans unaware of them or unwilling to pay high prices. In total, GLP-1 users are only a very small slice of total alcohol consumers, said Spiros Malandrakis, lead alcohol industry researcher at Euromonitor International. The most vulnerable purveyors are those that are trailing the shift in consumption, notably domestic, non-premium beer brands.

Persons: Katie Pell, Pell, wasn't, millennials, Eli Lilly's Mounjaro, Goldman Sachs, Jason English, Nadine Sarwat, Bernstein, Sarwat, Spiros Malandrakis, —, BUD YTD, who'd, Mickey Velado, Brian Sudano, Nell Healy, Healy, she's, Malandrakis, Ryan Brigden, Brigden, Sudano, Joseph Gabelli, Gabelli, Z, there's, it's, Garrett Nelson, They've, seltzer, Nelson, Molson Coors, Bud, he's Organizations: Gallup, Drugs, Nordisk's Ozempic, JPMorgan, CNBC, Euromonitor, Anheuser, Busch Inbev, Beverage Marketing, Constellation, Guinness, Corona, Heineken, Athletic Brewing Company, Heineken Holding, Carlsberg, Constellation Brands, Malandrakis, Beverage, Gabelli, Diageo, Molson Coors, Busch InBev, Molson, Anheuser Busch Locations: Brooklyn, U.S, GLP, imbibing, Angeles, Colorado, Washington, California, North Carolina, San Francisco Bay, Europe, British, Brazil, India

☆ The designer of the ‘Bushwick Birkin’ is rewriting the rules of fashion
▼ + stars: | 2023-12-04 | by ( Ramishah Maruf | Clare Duffy | ) edition.cnn.com time to read: +13 min

By contrast, even the most expensive Shopping Bags often cost less than $300. Telfar Clemens at the CFDA x Vogue Fashion Fund 'Americans in Paris' event, Paris Fashion Week, France in March 2018. Maker of the ‘Bushwick Birkin’“This Telfar bag imported. The Covid-19 pandemic sent the popularity of the Shopping Bag to new heights — new bag releases announced online sold out in minutes. ‘For everyone’In 2015, Telfar had an unusual partner at New York Fashion Week: fast-food chain White Castle.

Persons: Bella Hadid, Alexandria Ocasio, “ Abbott, they’re, Birkin, ”, Telfar Clemens —, ” Clemens, Clemens, He’s, Telfar, Telfar Clemens, Hagop Kalaidjian, Clemens “, Lois Sakany, Beyoncé, Gonzalo Marroquin, Patrick McMullan, Solange Knowles, David X Prutting, Bushwick Birkin, —, Adrienne Jones, Samia Laaboudi, Edward Berthelot, Chanel, Laticha Brown, ’, Robert F, Kennedy, Babak Radboy, “, It’s, Elliott Jerome Brown Jr, ” Sakany, Sakany, Pratt’s Jones, Radboy, ” Telfar, DiCianno, Jones, ” Jones, it’s Organizations: New, New York CNN, Rep, ABC, Brooklyn, tote, Gay Times, Fund, Paris, CNN, Liberian, New York’s Pace University, Breakfast Club, of Fashion Designers of America, Vogue, Guggenheim Museum, ” Pratt Institute, Security, New York, Reuters, Analysts, Bag Security, Fashion Institute of Technology, White, Kennedy Human Rights Liberty, Justice Fund, Old, Fast Locations: New York, Alexandria, Cortez, Bushwick, Brooklyn, Paris, France, New York City, Liberian, Queens, Liberia, United States, USA, . Clemens

☆ Wall Street underscores why we're in Apple and Microsoft for the long haul
▼ + stars: | 2023-12-04 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

A new batch of Wall Street commentary on Monday highlights exactly why we're bullish on mega cap tech stocks Apple (AAPL) and Microsoft (MSFT). AAPL YTD mountain Apple (AAPL) year-to-date performance New data from UBS indicated that Apple continues to grab market share in India. That's one of many reasons why the Club continues to reiterate an "own it, don't trade it" stance on Apple stock. Microsoft also confirmed that the company has had consistent access and rights to all of OpenAI's intellectual property and technology. Microsoft stock, up over 53% year-to-date, was trading 1.49% lower Monday, at $368.09.

Persons: OpenAI, Apple, Tim Cook, We're, –, Sam Altman, Altman, Piper Sandler, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Apple, Microsoft, UBS, Analysts, CNBC, Counterpoint Research, –, Huawei, U.S, Traders, New York Stock Exchange Locations: India, U.S, China, Europe, OpenAI, New York City

☆ TikTok made overconsumption cool. Now, it's turning against it.
▼ + stars: | 2023-12-01 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +5 min

People are calling out overconsumption, and redefining what it means to be cool on social media. Social media users have long called out the consumerist culture fostered by social media, but recently a group of anti-heroes rose into the TikTok spotlight to battle this kind of overspending using their online platforms. It also reflects a marked change from the kind of aspirational content that people have historically associated with other social media platforms like Instagram. The fight against overconsumption perhaps indicates that creators are trying to redefine the standard of what it means to be cool. The glorification of overconsumption that defined social media may be on its way out.

Persons: TikTok, overconsumption, —, We're, there's, that's, Michelle, Ellie, Kim reshared, Kim Organizations: Service, overconsumption

☆ What did Israel know about Hamas’ October 7 attack?
▼ + stars: | 2023-12-01 | by ( Rob Picheta | Simone Mccarthy | ) edition.cnn.com time to read: +5 min

CNN —Hamas’ surprise attack on October 7 left Israel flat-footed, sparking a backlash that is still rippling through the country. But a report from the New York Times claimed Israel obtained Hamas’ plan for the attack more than a year in advance. Here’s what we know about Israel and the US’ advance knowledge of the attack. What did Israel reportedly know about the attack? Then, on October 6, the day before the attack, US officials circulated reporting from Israel indicating unusual activity by Hamas — indications that are now clear: an attack was imminent.

Persons: Benjamin Netanyahu, “, ” Netanyahu, Netanyahu, Biden Organizations: CNN, New York Times, Haaretz, Times, …, Palestinian, Hamas, CIA, Intelligence Locations: Israel, Gaza

☆ Investing in Space: Understanding Starship's second test flight
▼ + stars: | 2023-11-30 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023. CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. In one sense, we're now two weeks (and a holiday breather) on from SpaceX's most recent test flight of a Starship prototype. The extremely public display, as well as SpaceX's polarizing owner, is a double-edged sword for understanding Starship test flights. Few call the Starship launches what they are: research.

Persons: SpaceX's, CNBC's Michael Sheetz Organizations: Boca Chica, CNBC's, SpaceX Locations: Brownsville , Texas, U.S, South Texas, Hawaii

Israeli officials obtained Hamas’s battle plan for the Oct. 7 terrorist attack more than a year before it happened, documents, emails and interviews show. But Israeli military and intelligence officials dismissed the plan as aspirational, considering it too difficult for Hamas to carry out. The approximately 40-page document, which the Israeli authorities code-named “Jericho Wall,” outlined, point by point, exactly the kind of devastating invasion that led to the deaths of about 1,200 people. Hamas followed the blueprint with shocking precision. The document called for a barrage of rockets at the outset of the attack, drones to knock out the security cameras and automated machine guns along the border, and gunmen to pour into Israel en masse in paragliders, on motorcycles and on foot — all of which happened on Oct. 7.

Organizations: The New York Times, Hamas Locations: Gaza, Israel, paragliders

☆ Nvidia CEO says he wakes up every morning worried his company might fail
▼ + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Nvidia CEO Jensen Huang said he wakes up worried his company might fail. Huang said the feeling he got from Nvidia nearly going out of business years ago has stuck with him. The fear of his chip empire tanking, Huang admitted, is a feeling he grapples with every morning when he wakes up. "I think during adversity you're more focused," Huang said. "I like going home and telling my wife I saved the company today," Huang said during the DealBook summit.

Persons: Jensen Huang, Huang, —, Andrew Sorkin, Sorkin Organizations: Nvidia, Service, New York Times DealBook, Yorker Locations: Nvidia's, Taiwan

☆ Opinion: This word of the year has a big problem
▼ + stars: | 2023-11-29 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

According to Merriam-Webster, the word of 2023 is “authentic.” And unlike the dictionary’s last few choices, it’s plagued by contradictions. As Buzzfeed and other outlets made very clear, she was the down-to-earth embodiment of the “cool girl” persona first popularized by Gillian Flynn’s 2012 novel, “Gone Girl,” a riotous, happy-go-lucky sex symbol. Almost overnight, the “cool girl” aura she epitomized was recast. Online, our miniature social media platforms take cues from celebrities’ mega ones. Should we even post about our mental health on social media, if we wouldn’t be comfortable telling our boss about it in person?

Persons: Holly Thomas, Katie Couric, Webster, Holly Thomas Holly Thomas, ”, There’s, Peter Sokolowski, George Santos ’, — Merriam, it’s, we’re, Jennifer Lawrence, didn’t, Dior, cussed, “, Gillian Flynn’s, Lawrence, Hodgson, Emma Chamberlain, we’ll, ” It’s, Jennifer Organizations: Katie Couric Media, CNN, Merriam, Associated Press Locations: London, “

ESTERO, Fla. (AP) — If one was to break down Florida Gulf Coast’s scoring so far this season by position, this would be the mathematics:— 0% from guards. The Eagles have 16 players on their roster, and every one of them is listed at the same position: shooter. Some may seem like guards, some may have post moves like forwards or centers, but the Eagles just classify everyone the same way. There have been seven instances in Division I women's basketball history where a team finished a season with at least 393 made 3's. “And then we were like, ‘We’ll just put shooter.’ Most of our kids are really good shooters and for other kids, it’s aspirational.

Persons: —, “, ”, Karl Smesko, Caitlin Clark, Lisa Bluder, ” It's, Maddie Antenucci, It’s, Dolly Cairns ”, ” Smesko, ‘ We’ll, it’s Organizations: Florida Gulf Coast’s, Eagles, Friday’s, Delaware, Press, NCAA, Sacramento State, DePaul, The Eagles, AP, womens Locations: ESTERO, Fla, Florida, Iowa, Saturday’s, layups, ” Iowa, FGCU

Apple (AAPL), Amazon (AMZN) and Nvidia (NVDA) made news heading into the end of this holiday shortened trading week. AAPL YTD mountain Apple (AAPL) year-to-date performance The news: Apple smartphone sales in China reportedly lagged those of Hauwei and Xiaomi during the country's recent Singles Day shopping event. Yes, there is smartphone competition to the iPhone in China, but Apple remains an aspirational brand there (and everywhere) because of its pricing, product quality and closed ecosystem. Nvidia garners around 20% of its revenue from China, and continues to face competition from Chinese companies like Huawei. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Daniel Ives, Ives, we're, it's, Jim Cramer's, Jim Cramer, Jim Organizations: Apple, Nvidia, Reuters, Counterpoint Research, Huawei, Xiaomi, Miami Dolphins, New York Jets, National Football, NFL, Amazon, CNBC, Getty Locations: China, Asia, India, Taipei, Taiwan

An advertisement promotes Tesla Autopilot at a showroom of U.S. car manufacturer Tesla in Zurich, Switzerland March 28, 2018. REUTERS/Arnd Wiegmann/ File Photo Acquire Licensing RightsCompanies Tesla Inc FollowNov 21 (Reuters) - A Florida judge found "reasonable evidence" that Tesla Chief Executive Elon Musk and other managers knew the automaker's vehicles had a defective Autopilot system but still allowed the cars to be driven unsafely, according to a ruling. The ruling is a setback for Tesla after the company won two product liability trials in California earlier this year over the Autopilot driver assistant system. Banner's attorney, Lake "Trey" Lytal III, said they are "extremely proud of this result based in the evidence of punitive conduct." The judge also cited a 2016 video showing a Tesla vehicle driving without human intervention as a way to market Autopilot.

Persons: Arnd, Elon Musk, Judge Reid Scott, Tesla, Stephen Banner's, Banner, Bryant Walker Smith, Smith, Scott, Banner's, Joshua Brown, Trey, Lytal, Dan Levine, Richard Chang, Stephen Coates Organizations: REUTERS, Tesla, Palm, University of South, Thomson Locations: U.S, Zurich, Switzerland, Florida, Palm Beach County, California, Miami, University of South Carolina

☆ Branding’s corporate titans face moment of truth
▼ + stars: | 2023-11-22 | by ( Aimee Donnellan | ) www.reuters.com time to read: +8 min

Now for the first time this century, sales volumes at the big consumer goods manufacturers are falling. In the first nine months of the year, Kraft Heinz said the quantity of its sold items declined by nearly 6 percentage points year-on-year. That’s likely to allow Nestlé, Kraft Heinz and Unilever to see flat or modest increases in 2023 sales, LSEG data shows. Earlier this year, outgoing Kraft Heinz Chief Executive Miguel Patricio said the company lost market share to a branded competitor that spent more. Unilever, Nestlé and Kraft Heinz have all pointed to a slowing of price growth in the coming year.

Persons: Kraft Heinz, Nestlé, ’, Xavier Roger, Kraft, what’s, John Furner, Miguel Patricio, Mars, ”, François, EY, George Hay, Streisand Neto, Thomas Shum Organizations: Reuters, Consumer, Kraft, Unilever, Danone, ’, United Nations, Reuters Graphics Reuters, Nestlé, Kraft Heinz, Target, Reuters Graphics, Obesity, Mondelez, Walmart, “, Thomson Locations: U.S, Europe, Australia, Norway, Chocolat, London

☆ Apple's products are great, even if they're boring
▼ + stars: | 2023-11-18 | by ( Michael Gartenberg | ) www.businessinsider.com time to read: +7 min

AdvertisementIn the past, I've argued that Apple products have become boring because Apple seems to have lost its way with useful product innovation. But the truth is, there's a very good reason why Apple doesn't do drastic changes to its products: slow, steady and reliable products are keeping Apple on top. To be fair, under CEO Tim Cook, Apple has had several big hit new products: Apple Watch and Air Pods, come to mind. While Air Pods will work with others, they are really designed to work best with Apple products. But ultimately, even if you find Apple products boring rather than classic, they are a great choice for those looking for long-lasting, high-quality, user-friendly, reliable technology.

Persons: I've, Tim Cook, Steve Jobs, —, Apple, Ai Pin, haven't, Sperry Docksiders, it's, Ive, Cook, Siri Organizations: Apple, Service, Vision, Apple Watch, Microsoft, Ferraris, Honda, BMW, Microsoft Kin, Rolex, Porsche, Jobs, Google, Ford Locations: Cook, Milan

☆ Elon Musk has effectively 'stepped aside' as Tesla CEO with 'outrageous' X comments, long time Tesla bull says
▼ + stars: | 2023-11-17 | by ( Kali Hays | Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Elon Musk recently supported an anti-semitic tweet and other incendiary rhetoric on X.Musk is working to "destroy" Tesla, and is not acting as its CEO, Gerber said. AdvertisementAn ardent supporter of Tesla and its CEO Elon Musk no longer sees the billionaire as the leader of the company. AdvertisementGerber's comments came after Musk responded to an antisemitic comment on X, claiming that "Jewish communities" had been pushing "hatred against whites." "You have said the actual truth," Musk wrote in response to the antisemitic post. Earlier on Thursday, Gerber wrote on X that he plans to ditch his Model Y Tesla for a Rivian due to Musk's statements.

Persons: Ross Gerber, Elon Musk, Gerber, —, Tesla, Musk, he's, I've, Linda Yacaccarino, Dustin Moskovitz, Marc Bodnick, Yaccarino Organizations: Service, Gerber Kawasaki Wealth & Investment Management, CNBC, Tesla, Business, IBM, New York Times, Facebook, Defamation League Locations: Tesla

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsSHANGHAI/PARIS, Nov 17 (Reuters) - The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. "Luxury brands offer you this event experience, this personal experience and it makes you feel privileged," Wang told Reuters. This week, Burberry (BRBY.L) also flagged low double-digit growth due to a slowdown in luxury spending globally, and in China. FEEDING THE LUXURY HABITEven as they narrow their focus, luxury brands remain optimistic about the potential in China, which is forecast to account for almost 40% of global luxury sales by 2030, according to consultants Bain. Luxury consultant Mario Ortelli said several luxury firms are hedging their bets on China by also expanding their global footprint.

Persons: Thomas Peter, Diana Wang, Wang, Tiffany, Chopard, Jacques Roizen, Cartier, Richemont, It's, Jean, Marc Duplaix, Versace, Donatella Versace, Gucci, Chanel, Dior, Cyrille Vigneron, LVMH, Louis Vuitton, Bain, Eric du Halgouet, Birkin, Mario Ortelli, Ortelli, it's, Mimosa Spencer, Casey Hall, Miral Organizations: Tiffany, REUTERS, Rights, Reuters, Burberry, HSBC, Digital Luxury, Chanel, Shanghai, Capri Holdings, Tapestry, Bund, Thomson Locations: Beijing, China, PARIS, Shanghai, Cartier, Shenzhen, South Korea, Japan, Thailand

☆ Opinion: Travis Kelce is happy to be Mr. Taylor Swift
▼ + stars: | 2023-11-14 | by ( Cristian Arroyo-Santiago | Opinion Jill Filipovic | ) edition.cnn.com time to read: +10 min

CNN —Taylor Swift and Travis Kelce are the couple of the hour. Jill Filipovic Courtesy of Jill FilipovicThey’re also a surprisingly positive relationship model for men and women alike. Finding love isn’t always easy for American women in a more feminist world, even as American women have become far better off. Fewer than a quarter of single men say they have a hard time finding a romantic mate who meets their expectations. Swift and Kelce are both fabulously wealthy, and money does make relationships easier — she’s now a billionaire, according to Bloomberg.

Persons: Jill Filipovic, CNN — Taylor Swift, Travis Kelce, Jill Filipovic They’re, Swift, Jason, Taylor, Travis, Gloria Steinem, —, Wives, Kelce, Taylor Swift, ”, they’re, It’s, ’ —, she’s Organizations: Twitter, CNN, Kansas City Chiefs, Chiefs, Philadelphia Eagles, Pew Research, Census, Pew, Survey Center, American Enterprise Institute, Bloomberg, NFL, ESPN, Sports, ” Sports Locations: New York, Kelce

☆ Rashida Tlaib, Censured by the House, Is Praised and Condemned at Home
▼ + stars: | 2023-11-13 | by ( Charles Homans | More About Charles Homans | ) www.nytimes.com time to read: +5 min

But those vigils have told starkly differing stories about the war, and also about Rashida Tlaib, who represents the area and is the only Palestinian American in Congress. Khalid Turaani, a Palestinian-American activist, compared Ms. Tlaib’s censure to that of Joshua Reed Giddings, a congressman and abolitionist who was censured by his House colleagues in 1842 for introducing resolutions opposing the slave trade. Since Hamas’ surprise attack on Israel on Oct. 7, no American politician save for President Biden has featured more centrally in arguments over the Israel-Hamas war than Ms. Tlaib. Interviews in Ms. Tlaib’s district revealed a split-screen view of the war in Gaza and laid bare the grievances that have shaped it. But for Ms. Tlaib, who has staked out a position that alienates many of those constituents, it could be unbridgeable.

Persons: Rashida Tlaib, Jeremy Moss, “, ”, Tlaib, Khalid Turaani, Joshua Reed Giddings, ” Mr, Turaani, Biden, Tlaib’s, Ms, Dana Nessel, Gretchen Whitmer, Mark Mellman, Mellman Organizations: American, Democratic, Force, Palestine, West Bank, Gov, Tlaib’s Democratic, House Republicans, Israel, Democratic Party Locations: Detroit, Israel, Adat Shalom, Southfield, Tlaib’s, Dearborn, Gaza, Palestinian, Michigan, American

☆ These luxury stocks won't lose their luster even as sales growth slows to pre-pandemic levels
▼ + stars: | 2023-11-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +13 min

After three years of record growth, luxury companies are feeling the pain as sales slow to a more normal pace. Nowhere have the struggles of the luxury sector been more prominent than in the French conglomerate LVMH Moet Hennessy Louis Vuitton , the group's bellwether. This dynamic tends to hurt the less-prestigious luxury brands more, according to Rogerio Fujimori, an analyst at Stifel. "Chinese [consumers] are back to Southeast Asia and Japan, but there's still a long way to go in terms of Europe. LVMH and other European luxury brands have been market leaders among European equities since 2021 until the first half of 2023.

Persons: Richemont, Burkhart Grund, LVMH Moet Hennessy Louis Vuitton, Gucci, Ashley Wallace, Bernstein, Luca Sola, Rogerio Fujimori, Fujimori, Wallace, Stifel's Fujimori, there's, Richemont's Grund, —, Fujimori foresees, we've, Hermes, Brunello, Thomas Chauvet, Louis Vuitton, Brunello Cucinelli, LVMH, Dior, Markus Hansen, Hansen, America's Wallace, It's, Vontobel's Hansen, — CNBC's Michael Bloom Organizations: Cartier, Bank of America, U.S, U.S ., EU, Europe, Citi, Bank, Gucci, Bottega Locations: U.S, Europe, Japan, China, Southeast Asia, China's, Thursday's, Kering

☆ You can own part of this 279-foot-long superyacht for $3.2 million and stay on it whenever you want — see inside
▼ + stars: | 2023-11-09 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Superyacht Holdings is giving millionaires the chance to cohabitate the $117 million Victorious superyacht. Superyacht Holdings is taking a (relatively) democratized approach to superyacht ownership with its first target acquisition, the €110 million — about $117 million — Victorious. And because the ship is currently in operation, Superyacht Holdings won't have to do any refitting work. The Locastro brothers says several former employees from The World now work for Superyacht Holdings. Superyacht Holdings hasn't acquired its vessel yet, but this isn't uncommon for ship startupsBuyers can purchase more than one unit.

Persons: —, Thomas Locastro, Matthew Locastro, Matthew, Matthew said, Locastro, James St, John, Justin Thorton Organizations: Superyacht, Service, Holdings, Superyacht Holdings, Monaco, Prix, AKYACHT, Superyacht Holdings hasn't, British Virgin Islands Locations: Spain, France, Croatia, Greece, Caribbean, Turkey, Saint Lucia, Barbados, British Virgin

☆ Tapestry bets on high prices as Coach parent cuts 2024 sales view
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

A signage is seen in the offices of Tapestry, Inc., in Manhattan, New York, U.S., November 19, 2021. Shares of the Coach parent rose 6% in early trading, as its profit beat market expectations. Sales at Coach, Tapestry's biggest brand, grew 3%, as demand for its Tabby shoulder bags nearly doubled from last year. It expects 2024 revenue of about $6.7 billion, lower than its prior target of nearly $6.9 billion, weighed by a stronger dollar. Net sales were flat at $1.51 billion in the quarter ended Sept. 30 from last year.

Persons: Andrew Kelly, Joanne Crevoiserat, Crevoiserat, Savyata Mishra, Juby Babu, Arun Koyyur Organizations: Tapestry, Inc, REUTERS, Capri, U.S . Federal, Thomson Locations: Manhattan , New York, U.S, North America, China, Bengaluru

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