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A local boy born in the northern Italian city of Turin and the captain of Torino’s youth team, Motto seemed destined to represent his boyhood club. Umberto Motto as a youth team player for Torino. Other Italian teams loaned – and even gave – players to Torino, Pennino says. The federation accepted a proposal from Torino that it would play its youth team, the champions of Italy at the time, against the youth teams of its four remaining opponents. Torino’s youth players beat Genoa 4-0 in an atmosphere Motto has never forgotten.
Persons: Umberto Motto, , hadn’t, Umberto, Mario Lanati, “ Umberto, ” Lanati, Torino’s, Roberto Pennino, Torino, Pennino, , , ” Giulio Andreotti, Feruccio Novo, ” Pennino, Roberto Pennino ‘, Lanati, Novo, , Forza, It’s Organizations: CNN, Torino FC, Stadio, Torino, Italian, Benfica, Aeritalia, ‘ Grande Torino, didn’t, , Roberto Pennino ‘ Forza, Novo, Genoa –, , Genoa, Palermo, Sampdoria, Fiorentina, Monumental Locations: Italian, Turin, Lisbon, Portugal, , Torino, Italy
This year's annual meeting of Berkshire Hathaway shareholders kicked off with a video tribute to Berkshire vice chairman and Warren Buffett right-hand man Charlie Munger, who passed away last year at age 99. Buying great companies, rather than great valuesWhen citing Munger's most important lessons, multiple shareholders on the floor recalled a key early disagreement between Munger and Buffett. "I learned that it's better to buy good businesses at fair prices than pretty bad businesses at really great prices," said Jerone Gillespie of Maryland. "I think that's the same thing that Warren Buffett said was one of the most important lessons that he learned from him." But now that you control Berkshire, add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices," Buffett recalls Munger telling him in 1965.
Persons: Berkshire Hathaway, Warren Buffett, Charlie Munger, Munger, they're, I'm, Luis Lozano, Dean Miller, , We're, Buffett, Jerone Gillespie, Gillespie, Benjamin Graham, Warren, Ben Graham, cryptocurrency Organizations: Berkshire, CHI Locations: Omaha , Nebraska, Munger, Cancun , Mexico, Monticello , Minnesota, Jerone Gillespie of Maryland, Berkshire
A key policy designed to create affordable housing for low-income people has long been scrutinized for being generally ineffective. So a policy designed to create more affordable housing can actually result in fewer homes and higher housing costs. Related storiesPhillips wanted to determine whether there's an optimal inclusionary zoning policy and if not, what the policy's tradeoffs look like. This involves finding a balance between creating more deed-restricted affordable housing and boosting the overall supply of housing. He concluded that the value of the government subsidy for building affordable housing needs to outweigh its costs.
Persons: Shane Phillips, Phillips Organizations: Service, Business, UCLA, UC Berkeley's Terner, Housing Innovation Locations: American, Los Angeles
CNN —Joe Biden’s Democratic base has been divided over the Israel-Hamas war. To some, including people within Biden’s own party, the public demonstrations against the war in Gaza remind them of the Vietnam War protests. A mere 2% answered with some version of the Israel-Hamas war (e.g., the Middle East conflict). An unpopular warThis is dramatically different from what we saw in 1968, when the Vietnam War forced President Lyndon Johnson to abandon his reelection bid. Only a small fraction of that polling decline can be attributed to Biden’s war response.
Persons: Joe Biden’s, Biden, That’s, Lyndon Johnson, it’s, Donald Trump, Trump, Biden’s Organizations: CNN, Joe Biden’s Democratic, NBC, Gallup, Republican, Trump, Black South, ABC, Quinnipiac Locations: Israel, Gaza, Vietnam, Africa’s, South Africa
The portfolio manager whisperers
  + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com   time to read: +24 min
AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.
Persons: Taylor Swift, Travis Kelce, Goldman Sachs, , That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, , Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny
CNN —A former dive boat captain could be sentenced to up to 10 years in prison Thursday on a negligence conviction known as “seaman’s manslaughter” after 34 people were killed in a fire that broke out on his boat in 2019. Jerry Nehl Boylan was found guilty in 2023 of one federal felony count of misconduct or neglect of ship officer last year. Thirty-three passengers and one crew member below deck died of smoke inhalation, police said. Thirty-four people were killed in the boat fire. In 2019, an attorney for the boat’s owner, Truth Aquatics, said that a crew member had checked the area where the fire was believed to have been concentrated before it ignited.
Persons: CNN —, , Jerry Nehl Boylan, Boylan, Brian van der, Robert Sumwalt, Prosecutors, Martin Estrada, Organizations: CNN, Labor, California’s, Islands, Los Angeles Times, National Transportation Safety, Truth, NTSB Locations: Santa Cruz
On a visit to Israel on Wednesday, Secretary of State Antony J. Blinken put the onus squarely on Hamas to accept the proposal. But Israeli officials have said, consistently and emphatically, that the offensive will take place. The number of Palestinians Israel is offering to free in exchange is unclear. More than 100 were released in a weeklong cease-fire in November, and Israeli officials say they believe that more than 30 — possibly many more — are dead. Gazan health officials say that Israel’s subsequent bombing and invasion have killed more than 34,000 people, and injured far more.
Persons: Osama Hamdan, Al Manar, , Antony J, Blinken, wouldn’t, , Yair Lapid, Benjamin Netanyahu, Mr, Hamdan, Biden, Netanyahu’s, ” Mr, Netanyahu, Israel Organizations: Israel, Hezbollah, Hamas, United Nations Locations: Jerusalem, Washington, Gaza, Lebanese, Israel, United States, Qatar, Egypt, Rafah, masse
Biden cannot afford a boiling summer of protest
  + stars: | 2024-05-02 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +9 min
CNN —President Joe Biden can ill afford a long, hot summer of protest that comes to a boil in time for the Democratic National Convention in August and then bleeds into the final weeks of an already venomous clash with Donald Trump. The nationwide campus protests are not as pervasive as mass civil rights and anti-Vietnam War protests that raged in the 1960s and 1970s. This has been especially testing for Biden — a staunch supporter of Israel dating back to 1970s Prime Minister Golda Meir. More than 3 million Americans served in Southeast Asia during the Vietnam War. This may also help explain why Biden had not addressed the campus protests in detail before Thursday.
Persons: Joe Biden, Donald Trump, Biden, , ” Biden, , Trump’s, Trump, James Traub, Hubert Humphrey, Biden “, ” Traub, Isa Soares, Traub, He’s, Mary McGrory, that’s, Biden’s, afer, Biden —, Golda Meir, he’d, Benjamin Netanyahu’s, Sen, Bernie Sanders, Lyndon Johnson, LBJ, , CNN’s Christiane Amanpour, ” Sanders, can’t, Netanyahu, shelve, Sanders Organizations: CNN, Democratic National Convention, White, Foreign, Democratic, CNN International, Republicans, Trump, Electoral, Gaza Health Ministry, American, National Guard Locations: Gaza, Vietnam, America, Israel, Vermont, Gazan, Rafah, Southeast Asia
The company said a mid-teens percent of mobile customers abandon their carts due to long wait times. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesNarasimhan said on the company's earnings call that nearly two-thirds of Starbucks' morning business in the US is from rewards members using the mobile app, which has yielded a remarkable insight. "In other words, customers using Mobile Order-Pay put items into their carts and sometimes chose not to complete the order, citing long wait times and product unavailability." That works out to more than one in eight mobile order customers opting not to buy a menu item they were otherwise interested in — a hefty chunk of cash left on the table for Starbucks.
Persons: , Laxman Narasimhan, Narasimhan Organizations: Starbucks, Service, Mobile Locations: Seattle
CNN —Israeli Prime Minister Benjamin Netanyahu is coming under fierce pressure from far-right members of his government not to agree to the ceasefire proposal currently on the table, which could prevent an Israeli military offensive in Rafah from moving forward. Relatives and supporters of Israeli hostages protest in Tel Aviv, Israel, April 27, 2024. Jack Guez/AFP/Getty ImagesFormer Israeli Prime Minister and opposition leader Yair Lapid hit back at Strook’s remarks. In the first phase, between 22 and 33 hostages are to be released over several weeks in exchange for the pause and the release of Palestinian prisoners. A woman looks at a wall of photos of hostages captured by Hamas on October 7, displayed in Tel Aviv.
Persons: Benjamin Netanyahu, Antony Blinken, Biden, Benjamin Netanyahu’s, Orit Strook, Strook’s, Netanyahu mulls, Bezalel Smotrich, , Netanyahu, Jack Guez, Yair Lapid, , Benny Gantz, Gantz, ” Strook, Amir Levy, Blinken, Jordan, “ We’re, ” Blinken, Isaac Herzog, wouldn’t, Herzog, Joe Biden Organizations: CNN, Israeli, Israel’s Army, Hamas, Getty Locations: Rafah, Egypt, Gaza, Israel, Tel Aviv, AFP, , Saudi Arabia
President Biden and his national security team see a narrow window to finally seal an agreement that would at least temporarily halt the war in Gaza and possibly end it for good even as they deflect pressure from college campus protests to abandon Israel in its fight against Hamas. Several factors converging at once have renewed the administration’s hopes that it can break through the stalemate in the next week or two. Mr. Biden’s team wants to capitalize on the successful defense of Israel from Iranian attack, rising public pressure in Israel to free the hostages and Saudi eagerness for a new diplomatic and security initiative. The president’s advisers are pressing for a cease-fire deal before Israel can begin its long-threatened assault on the southern Gaza city of Rafah, an operation with the potential for many civilian casualties that could thwart any short-term chances of peace. But administration officials have gone down this road before over the last several months, repeatedly expressing optimism only to see the chances for a deal collapse.
Persons: Biden, Biden’s, Antony J, Blinken Organizations: Hamas, Israel Locations: Gaza, Israel, Rafah, Saudi Arabia
Donald Trump's advisors are discussing penalties for countries that move away from the dollar, sources told Bloomberg. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEconomic advisors to Donald Trump are working out plans to blunt de-dollarization efforts, which could include penalties on any economy that moves away from the greenback. As of March, the dollar still leads in global payments, making up 47.4% of transactions, SWIFT data shows.
Persons: Donald, , Donald Trump, Trump, Emmanuel Macron, hasn't, Nouriel Organizations: Bloomberg, Service, greenback, West, United, CNBC Locations: Ukraine, China, Russia, Saudi Arabia, United Arab Emirates, Europe
AdvertisementThe ending of the tennis movie "Challengers" has left many viewers questioning who wins the final match, but the film's director and screenwriter said it is not about a singular winner. During a tiebreak in the final scene, Patrick and Art enter a rally, hitting the ball at each other instead of trying to score. Here's what this final scene could mean and what the director and screenwriter have said about it. MGMIn the final scene, Art is one point away from winning the competition. The "Challengers" director and screenwriter said it doesn't matter who won the final match.
Persons: , Zendaya, Mike Faist, Josh O'Connor, Art Donaldson, Patrick Zweig, O'Connor, Patrick, Tashi, audibly, Patrick's, Niko Tavernise, David Hanzes, Slate, Luca Guadagnino, Justin Kuritzkes, Kuritzkes, Tashi Duncan, they're, Guadagnino Organizations: Service, Challenger, Art, MGM, US Tennis Association's Eastern, Goldwyn, Mayer Pictures, Entertainment, Mayer
Flash floods that formed led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The deluge also closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property. Damac's Sajwani conceded there was chaos at the airport, but said the UAE had recovered much faster than other nations would have. "Fine, we get some, in one of the malls, some damage. He explained that he arrived in Dubai from London just a few hours after the rains had stopped, and visited all the major properties that belong to his company.
Persons: Hussain Sajwani, Damac's Sajwani, CNBC's Dan Murphy, it's Organizations: Damac, United, UAE, Energy Locations: United Arab, UAE, Riyadh, Saudi Arabia, Dubai, London
A mistake by Ukrainian troops appears to have let Russian forces advance and capture large parts of a village. AdvertisementA blunder by Ukrainian troops appears to have allowed Russian forces to advance and capture large parts of a village unopposed. The 47th Mechanized Brigade was due to be relieved by the 115th along the front line just east of Ocheretyne. AdvertisementMelnyk said the only reason Russia was unable to continue its advance was because the 47th Brigade rejoined the fight. An update on the Ukrainian Deep State website, which tracks changes on the battlefield, showed that Russian forces had captured large parts of the village.
Persons: , Mykola Melnyk, Hope, Vadym, Melnyk, Ocheretyne, Chasiv Yar, David Axe Organizations: 115th Mechanized Brigades, Service, 47th Mechanized Brigade, 115th Mechanized Brigade, 115th, Rifle Brigade, Facebook, 115th Brigade, Financial Times, 47th Brigade, Getty, for, Ukraine's 67th Mechanized Brigade, Forbes, Ukraine's Locations: Ukrainian, Avdiivka, Ukraine, Ocheretyne, Russia, Russian, AFP, Donetsk Oblast, Pokrovsk, Ukraine's, Bakhmut, Ukraine's Donetsk
Billionaire investor Ron Baron told CNBC that Tesla is "going to go up huge." The stock has reached bottom after investors were unsure if the firm was scrapping plans for a low-cost model. "Oh, it's going to go up huge," he told CNBC on Wednesday. He also cited that Tesla could make a profit by eventually selling its full-self driving technology to other carmakers. Previously, Baron disclosed that he has made nearly 20 times its Tesla investment since buying the stock a decade prior.
Persons: Ron Baron, Tesla, Baron, , Elon Musk, Musk Organizations: CNBC, Service, Baron Capital, Baron Partners Fund
Using scientific models, the team was unable to determine precisely how much more likely climate change had made the floods. Changing circulation patterns driven by global warming are also increasing rainfall intensity, the analysis noted. Global warming was the only remaining reason they could identify to explain the heavier downpour. However, the focus must be on slowing climate change, she added. “While we can’t stop El Niño, we can stop climate change,” Otto said.
Persons: Amr Alfiky, , Sonia Seneviratne, Mansour Almazroui, King Abdulaziz University’s, Friederike Otto, Niño, Otto said, El, ” Otto, Francois Nel, Sultan Al, Jaber, CNN’s Abbas Al Lawati Organizations: CNN, United Arab, United Arab Emirates, Global, Reuters “, Institute for Atmospheric, Science, King Abdulaziz University’s Center, Excellence, Change, Grantham Institute, International Energy Agency Locations: United Arab Emirates, Oman, El, Dubai, UAE, Dubai’s, Zurich, Jeddah, Saudi Arabia, London, Paris, deadlier
Billionaire investor Ron Baron, a longtime Tesla bull, believes Elon Musk's electric vehicle manufacturer has hit a bottom. What they are doing is going into robotaxis and going to make the low-cost cars," Baron said on CNBC's "Squawk Box" on Thursday. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for more than 30% of the portfolio. The fund is down more than 17% this year amid a 35% decline in Tesla shares. TSLA 1Y mountain Tesla shares over past 12 months.
Persons: Ron Baron, Tesla, Elon, Baron, Musk, weathers, Organizations: Baron Capital, Baron Partners Fund Locations: robotaxis, Tesla, Baron's, Austin , Texas
NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and paralyzed much of the country. The images, taken by NASA Earth Observatory on Friday using Landsat data from the U.S. Geological Survey, show large patches of water all over the desert and urban landscape of the UAE where previously there was none – almost looking as if small lakes had appeared. "Some areas remained flooded on April 19, when Landsat 9 passed over the region for the first time since the storms," NASA wrote on its Earth Observatory website. Flash floods that formed on April 16 led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The normally dry desert country in the Gulf was pummeled with roughly a year's worth of rain in less than a day, more than it has ever seen in a single storm since records for the UAE began in 1949.
Organizations: NASA, United Arab, NASA Earth, U.S . Geological Survey, UAE Locations: Dubai, Abu Dhabi, United Arab Emirates, U.S, UAE
The Venice Biennale and the Art of Turning Backward
  + stars: | 2024-04-24 | by ( Jason Farago | ) www.nytimes.com   time to read: +1 min
There is a sour tendency in cultural politics today — a growing gap between speaking about the world and acting in it. In the domain of rhetoric, everyone has grown gifted at pulling back the curtain. We are losing faith with so many institutions of culture and society — the museum, the market, and, especially this week, the university — but cannot imagine an exit from them. I’ve just spent a week tramping across Venice, a city of more than 250 churches, and where did I encounter the most doctrinaire catechism? It was in the galleries of the 2024 Venice Biennale, still the world’s principal appointment to discover new art, whose current edition is at best a missed opportunity, and at worst something like a tragedy.
Locations: Venice
1 mastered the elements once more at a stormy RBC Heritage to reel in his fourth win in his last five starts. “I didn’t show up here just to have some sort of ceremony and have people tell me congratulations,” Scheffler told reporters Monday. Only two players had ever previously won or finished runner-up in five consecutive PGA Tour starts; Vijay Singh in 2004, and Woods on three separate occasions between 1999 and 2008. 1 prepares to chase a historic sixth this week, Scheffler is throwing in the towel – but not before one last jab. The Tour moves on to Los Angeles on Thursday for the Zurich Classic of New Orleans at TPC Louisiana.
Persons: Scottie Scheffler, Scheffler, Sahith Theegala, Woods, Bernhard Langer, ” Scheffler, , Jared C, Tilton, , Meredith, Scott, Diane, I’m, , it’s, ’ I’ll, “ They’re, they’ll, Andrew Redington, Scheffler hasn’t, Germany’s Stephan Jaeger, Rory McIlroy, Vijay Singh, Aaron Doster, Nelly Korda, Nelly, she’s, Byron Nelson Organizations: CNN, RBC, Harbor, Augusta National, Getty, Texas Children’s Houston, USA, Sports, Chevron, PGA, Zurich, TPC Louisiana Locations: South Carolina, Harbor Town, Los Angeles, New Orleans
'I have no regrets'Andrea Jones accepted a floodplain buyout for her home in the Charlotte, North Carolina, area. CNBCAndrea Jones, 59, sold her home in the Charlotte, North Carolina, area in a floodplain buyout. On average, federal buyouts can take two to five years, though 80% of the FEMA acquisitions are approved in less than two years. Jones' buyout was delayed by the pandemic, but once she started the process up again in May 2022, things moved quickly. In addition to FEMA, the U.S. Department of Housing and Urban Development and many state and local communities fund floodplain buyouts.
Persons: Siders, Andrea Jones, CNBC Andrea Jones, Jones, Andrea Jones Jones, they're, Mathew Sanders, Sanders Organizations: Federal Emergency Management Agency, FEMA, University of Delaware's, Program, CNBC, Finance, Charitable, Congressional Research Service, U.S . Department of Housing, Urban Development Locations: Charlotte , North Carolina
What’s Happening In Myanmar’s Civil War?
  + stars: | 2024-04-20 | by ( Hannah Beech | Weiyi Cai | ) www.nytimes.com   time to read: +16 min
RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIAWhat’s Happening In Myanmar’s Civil War? Parliamentary rule 1962 Military coup 1988 Nearly five decades of military rule Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government. Parliamentary rule Nearly five decades of military rule National civil unrest British colonial rule 1948 1988 1990 2007 2011 2021 1962 2015 Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government.
Persons: Adam Ferguson, Min Aung, Daw Aung, Suu Kyi, Aung, , Tom Andrews, Chin, Rakhine Karen Mon Bamar, Kayan, Karen, Ms, hideouts Organizations: MYANMAR INDONESIA Indian Ocean, Insurgent, Council, Myanmar, 8th Battalion, Karenni Nationalities Defense Force, The New York Times, Senior, National Unity Government, People’s Defense Forces, Rebels, Assistance Association for Political Prisoners, Myanmar Peace Monitor, United Nations, General Administration Department, Union of, United, National Liberation Army Locations: RUSSIA CHINA, MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA, MYANMAR INDONESIA Indian, MYANMAR INDONESIA Indian Ocean AUSTRALIA, INDIA CHINA BANGLADESH Mandalay MYANMAR LAOS Naypyidaw Bay, Bengal Yangon THAILAND, INDIA CHINA Mandalay MYANMAR, Yangon THAILAND Bay, Bengal, Myanmar, Ukraine, Gaza, India, China, Karenni State, country’s, Suu, Myanmar’s, British, Sagaing Region, MYANMAR, Naypyidaw, Burma, United States, Rakhine, Thailand, Union, Union of Burma, Afghanistan
CNN —Republican Speaker Mike Johnson showed political courage that is rare in Washington and notable legislative skill for an inexperienced leader in forcing a long-delayed $60 billion aid bill for Ukraine through the House of Representatives on Saturday. And 112 Republicans — a majority of the conference — voted against the Ukraine bill. And any Republican speaker propped up by Democrats might hemorrhage support among GOP lawmakers and be forced to resign. “As we deliberate on this vote, you have to ask yourself this question: Am I Chamberlain or Churchill?” he said. The accidental speaker makes an unlikely Churchill, but on Saturday he proved to be a far more daring and substantial figure than many of his Republican and Democratic critics previously believed.
Persons: Mike Johnson, Johnson, Vladimir Putin, Ronald Reagan, Joe Biden’s, , Donald Trump, Volodymyr Zelensky, , ” CNN’s Frederik Pleitgen, Putin, , Biden, Marjorie Taylor Greene, Greene, Johnson —, Kevin McCarthy’s, Marc Molinaro, CNN’s Manu Raju, Trump, Zelensky, Trump’s, Hakeem Jeffries, Mike Quigley, It’s, ” Quigley, Chuck Schumer, Jeffries, Mike McCaul, , it’s, McCaul, Chamberlain, Churchill Organizations: CNN, West, GOP, America, MAGA, United States House, Representatives, Ukraine, Republican Party, Trump, Republicans, Georgia, Mar, Democratic, Congressional Ukraine Caucus, Illinois Democrat, Foreign, Texas Republican, Republican Locations: Washington, Ukraine, Russian, Louisiana, United States, Russia, Europe, Iran, China, Israel, Taiwan, Mexico, Georgia, New York, Kyiv, Texas, Nazi Germany
AdvertisementTim Cook would like you to think everything is going swimmingly for Apple in China. It's already won over some consumers since launching the Mate 60 Pro series last year. The Huawei Mate 60 rivals the latest iPhone. They expect another decline in iPhone sales in the region in Apple's quarterly earnings on May 2. Cook might be putting on a brave face, but iPhone sales in China may keep sliding if Huawei has its way.
Persons: , Tim Cook, Cook, there's, It's, They're, Wang Gang, Ivan Lam, Apple Organizations: Apple, Huawei, Service, Bund, Counterpoint Research, Publishing, Washington, Reuters Locations: China, Shanghai's Jing'an, Cook, iPhones, Greater China
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