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REUTERS/Cheriss May/File Photo Acquire Licensing RightsWASHINGTON, Nov 15 (Reuters) - U.S. lawmakers asked Apple Inc to explain the abrupt end of political comedian Jon Stewart's television show on its streaming service, according to a letter made public on Wednesday, citing concerns that content related to China was behind the cancellation. The New York Times reported last month that Stewart's show on Apple's streaming service was ending, the result of creative differences. The newspaper said Stewart told members of his staff that potential show topics related to China and artificial intelligence were causing concern to Apple executives. The letter asked representatives of Apple for a briefing on its concerns by Dec. 15, 2023. U.S. lawmakers have long expressed concerns about potential Chinese government censorship given the ruling Communist Party’s strict media controls.
Persons: Jon Stewart, Mark Twain, Cheriss, Jon Stewart's, Stewart, Tim Cook, Apple, Michael Gallagher, Raja Krishnamoorthi, Xi Jinping, Joe Biden, Patricia Zengerle, Stephen Coates Organizations: The Kennedy Center, REUTERS, Rights, Apple Inc, New York Times, Apple, Times, Republican, Democratic, Chinese Communist Party, CCP, Economic Cooperation, Thomson Locations: Washington , U.S, China, San Francisco, Asia, U.S
What exactly does Daniel Ricciardo know about making clothes? The 34-year-old Australian Formula 1 driver is the sport’s affable golden retriever. He has a smile that sparkles like a set of headlights and is absolutely the driver who you’d most want to have a beer with. Despite being in the midst of a middling season for the AlphaTauri team, Ricciardo is universally held up as one of the sport’s most recognized—and relatable—faces.
Persons: Daniel Ricciardo, Ricciardo
Marvel’s Bomb Won’t Blow Up Hollywood’s Formula
  + stars: | 2023-11-14 | by ( Dan Gallagher | ) www.wsj.com   time to read: +1 min
Photo illustration: Ryan TrefesWanted by Hollywood: World-famous intellectual property that no one has yet thought to make into a movie. Disney ’s Marvel Cinematic Universe has been the most successful movie franchise in history, grossing nearly $30 billion globally over 33 films to date. But this past weekend provided the latest sign that the lucrative stable of superheroes is in need of some rescuing. “The Marvels” grossed a mere $47 million for its domestic box-office debut—a record low for the franchise and a major disappointment even against other recent Marvel movies that have been showing signs of strain. The nine other Marvel movies that have opened since the pandemic closed movie theaters in 2020 have averaged a domestic opening weekend of about $136 million, according to data from Box Office Mojo.
Persons: Ryan Trefes Organizations: Star, Hollywood, Marvel, Office Mojo
But the event, yet to be formally announced by hosts U.S.-China Business Council (USCBC) and the National Committee on U.S.-China Relations (NCUSCR), also presents uneasy optics. The USCBC and NCUSCR both declined to comment on the planned dinner. Xi has overseen a crackdown on U.S. consultancy and due-diligence firms, a further blow to investor confidence. Jeff Moon, a former U.S. trade official turned business adviser, said China's goal would be to soften Xi's image and attract investment, but that the dinner was unlikely to "move any needles." "They have come to accept that there's no substitute for hearing and seeing and observing what Xi Jinping is doing," said Patel.
Persons: Carlos Barria, Xi Jinping, Joe Biden, Xi, MIGNON, Jeff Moon, mignon, Mike Gallagher, Biden, Janet Yellen, Nirav Patel, Jinping, Patel, David Brunnstrom, Stephen Nellis, Michelle Nichols, Lincoln Organizations: APEC, Economic Cooperation, REUTERS, FRANCISCO, Wednesday, Reuters, U.S, China Business Council, National Committee, China Relations, Muslim, Asia, Thomson Locations: Asia, Pacific, San Francisco , California, United States, San Francisco, U.S, China, Washington, Muslim Uyghurs, Beijing
CNN —The Chinese government has built up the world’s largest known online disinformation operation and is using it to harass US residents, politicians, and businesses—at times threatening its targets with violence, a CNN review of court documents and public disclosures by social media companies has found. Victims face a barrage of tens of thousands of social media posts that call them traitors, dogs, and racist and homophobic slurs. While tech and social media companies have shut down thousands of accounts targeting these victims, they’re outpaced by a slew of new accounts emerging virtually every day. As part of a mission “to manipulate public perceptions of [China], the Group uses its misattributed social media accounts to threaten, harass and intimidate specific victims,” the complaint states. In the past, the Spamouflage network mostly focused on issues domestically relevant to China.
Persons: , Xi Jinping, Biden, Mike Gallagher, Chen Pokong, , Chen, , Spamouflage’s, Liu Pengyu, ” Liu, Jiayang, Darren Linvill, hasn’t, Fan, Communist Party playbook, Mandiant, Nancy Pelosi, ” Ben Nimmo, George Floyd’s, Ben Nimmo, Lindsay Gorman, Gorman, ” Linvill, Linvill, Spamouflage, Jiajun Qiu, Qiu, ” Qiu Organizations: CNN, US State Department, FBI, Communist Party, Meta, Google, , CCP, US Department of Justice, Department, DOJ, China’s Ministry of Public Security, Group, New Yorker, telltale, Media, Clemson University, Capitol, Department of Homeland Security, Marshall Fund’s Alliance, Securing Democracy, YouTube Locations: United States, Beijing, San Francisco, China “, New York, China, New York City, America, Washington, Hong Kong, US, Texas, Virginia, Manassas , Virginia
NHL roundup: Blues blitz Avs behind 2 hat tricks
  + stars: | 2023-11-12 | by ( ) www.reuters.com   time to read: +7 min
Schenn, who also had an assist, now has four career hat tricks, while Buchnevich, who had two short-handed goals, has three career hat tricks. Torey Krug had a goal and an assist, Alexey Toropchenko also scored and Robert Thomas added four assists for the Blues. Guhle also added an assist as the Habs scored two goals in a rapid-fire span in the third period. Brad Marchand logged a goal and an assist to lead the Bruins, who had a two-game winning streak snapped. Cole Perfetti and Brenden Dillon scored goals for the Jets, who saw their three-game winning streak come to an end.
Persons: Louis, Robert Thomas, Ron Chenoy, Schenn, Pavel Buchnevich, Buchnevich, Torey Krug, Alexey Toropchenko, Jordan Binnington, Mikko Rantanen, Jack Johnson, Alexandar Georgiev, Ivan Prosvetov, Kaiden Guhle's, Nick Suzuki, Brendan Gallagher, Guhle, Sam Montembeault, Brad Marchand, Charlie McAvoy, Jeremy Swayman, Zach Hyman, Dylan Holloway, Stuart Skinner, Jaden Schwartz, Philipp Grubauer, Joey Daccord, Daniel Sprong, Lucas Raymond, Alex DeBrincat, Robby Fabbri, Jake Walman, Ville Husso, Columbus, Patrik Laine, Alexandre Texier, Adam Fantilli, Sean Kuraly, Spencer Martin, Wyatt Johnston, Thomas Harley, Matt Duchene, Scott Wedgewood, Cole Perfetti, Brenden Dillon, Connor Hellebuyck, Drake Batherson, Mathieu Joseph, Rourke Chartier, Travis Hamonic, Tim Stutzle, Joonas Korpisalo, Blake Coleman, Calgary's, Dustin Wolf, Jacob Markstrom, Pyotr Kochetkov, Sebastian Aho, Brent Burns, Kochetkov, Jonas Johansson, Noah Gregor, Matthew Knies, William Nylander, Nicholas Robertson, David Kampf, Tyler Bertuzzi, Max Domi, Bobby McMann, J.T . Miller, Pius Suter, Nic Dowd, Aliaksei, Alex Ovechkin, Wayne Gretzky, Ovechkin, Gretzky, Dowd, hadn't, Protas, Alexander Romanov, Erik Karlsson, Tristan Jarry, Ukko, Pekka Luukkonen, Michael Carcone, Sean Durzi, Troy Stecher, Alex Kerfoot, Clayton Keller, Connor Ingram, Filip Forsberg, Kiefer Sherwood, Dante Fabbro, Ryan O'Reilly, Morgan Frost, Cal Petersen, Owen Tippett, Cam Atkinson, Sean Walker, Adrian Kempe, Carl Grundstrom, Cam Talbot Organizations: Louis Blues, Colorado Avalanche, Ball, Blues, St, Avalanche, Canadiens, Bruins, Boston, NHL, Oilers, Seattle, San Jose, Wings, Blue Jackets, Detroit, Red Wings, Jets, Dallas, Winnipeg, Stars, Central Division, Senators, Flames, Ottawa, Calgary, AHL, Hurricanes, Tampa, Maple Leafs, Canucks, Toronto, Vancouver, Capitals, Islanders, New, Penguins, Sabres, Pittsburgh, Buffalo, Coyotes, Predators, Nashville, Flyers, Philadelphia, Anaheim, Los, Thomson Locations: Denver , Colorado, USA, Denver, Montreal, Edmonton, Columbus, Carolina, Tampa Bay, Washington, New York, Elmont, Arizona, Los Angeles, Southern California, Philadelphia
LONDON, Nov 12 (Reuters) - Manchester City moved a point clear at the top of the Premier League on Sunday after a thrilling 4-4 draw at Chelsea with Erling Haaland scoring twice only for former City man Cole Palmer to level the match from the penalty spot in added time. It was the first time Chelsea had scored against Manchester City since they beat them in the 2021 Champions League final. It was the 21-year-old’s fourth Chelsea penalty in four attempts. "Very strange the first time I have played against City," Palmer told Sky Sports. The result moved City clear of Liverpool with 28 points from 12 games.
Persons: Erling Haaland, Cole Palmer, Marc Cucurella, Robert Sanchez, Thiago Silva, Conor Gallagher, Chelsea, Raheem Sterling, Reece James, Sterling, Chelsea's, Manuel Akanji, Nicolas Jackson, Rodri's, Ruben Dias, Armando Broja’s, Palmer, Rodri, Clare Lovell, Toby Davis Organizations: Manchester City, Premier League, Chelsea, City, League, Former City, 13th Premier League, Manchester City’s, Sky Sports, Sky, Thomson Locations: Manchester, Spanish, Stamford, Liverpool
Activision Blizzard’s ‘Call of Duty: Modern Warfare III’ went on sale Friday. Photo: bertrand guay/Agence France-Presse/Getty ImagesMicrosoft now owns some of the biggest videogames in the world. The biggest of those games is in the spotlight this week, as Activision Blizzard’s latest “Call of Duty” sequel went on sale Friday. Called “Modern Warfare III,” the new game is notable for a couple reasons. The first is that much of its development took place during a period in which Activision’s future structure was uncertain, as the $75 billion acquisition by Microsoft took nearly two years to close.
Persons: III ’, bertrand guay Organizations: Activision, Agence France, Getty, Microsoft, Warfare
Disney Wears Its New Look Well
  + stars: | 2023-11-09 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
The launch event for the second season of the Disney+ series ‘Loki,’ at El Capitan Theatre in Hollywood. That will likely make life a little harder for those trying to break into the Mouse House. The entertainment giant’s fiscal fourth-quarter results late Wednesday generally came in ahead of Wall Street’s expectations, especially in key areas such as streaming subscribers, theme park revenue and operating income. All soundly beat Wall Street’s targets—especially the 6.9 million net new subscribers added to the core Disney+ service during the September quarter, which was more than double the number analysts expected. Disney’s shares rose more than 3% in after-hours trading following the results.
Persons: Organizations: Disney, El Capitan Theatre Locations: Hollywood
The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. Republicans and Democrats in Congress have offered sometimes different approaches for countering China's growing economic and military might despite bipartisan consensus on the need to do so. But they asked Biden to present Xi with a list of 10 demands to improve relations, much like Beijing did to U.S. officials in 2021. "It is clear that competitive actions have been sacrificed to advance aimless, zombie-like engagement," they said. Reporting by Michael Martina and Patricia Zengerle; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
Persons: Brian Snyder, Joe Biden, Xi Jinping, Mike Gallagher, Biden, Mark Swidan, American Kai Li, David Lin, Michael Martina, Patricia Zengerle, Grant McCool Organizations: REUTERS, Rights, U.S, Beijing, Biden, Economic Cooperation, Republicans, Democrats, Treasury, Industrial, Thomson Locations: United States, China, Chinatown, Boston , Massachusetts, U.S, San Francisco, Asia, Beijing, Philippines, South China, South, Taiwan, China's Xinjiang, Texas, American
Sterling misses out on England selection again
  + stars: | 2023-11-09 | by ( Martyn Herman | ) www.reuters.com   time to read: +4 min
LONDON, Nov 9 (Reuters) - Chelsea forward Raheem Sterling was again left out by England manager Gareth Southgate as he named his squad for the forthcoming Euro 2024 qualifiers against Malta and North Macedonia. Sterling, who has earned 82 caps for his country and was once a key part of Southgate's forward line, has now missed five successive England squads. Despite Southgate saying the door remains open, time is clearly running out for Sterling to force his way back into the reckoning for the Euro 2024 finals. Manchester City's John Stones misses out because of injury while Chelsea's Reece James is also not included despite recently returning from a lengthy injury lay-off. "I'm super excited about the tournament, we're really gearing towards the next tournament and I think everybody in international football is always living from tournament to tournament.
Persons: Raheem Sterling, Gareth Southgate, Sterling, Southgate, Raheem, we've, Eddie Nketiah, Callum Wilson, Aston, Ollie Watkins, Manchester City's John Stones, Chelsea's Reece James, Reece James, that's, Sam Allardyce's, Sam Johnstone, Jordan Pickford, Aaron Ramsdale, Levi Colwill, Lewis Dunk, Marc Guehi, Harry Maguire, Fikayo, Kieran Trippier, Kyle Walker, Trent Alexander, Arnold, Jude Bellingham, Conor Gallagher, Jordan Henderson, Kalvin Phillips, Declan Rice, Jarrod Bowen, Phil Foden, Jack Grealish, Harry Kane, James Maddison, Marcus Rashford, Martyn Herman, Toby Davis Organizations: Chelsea, Malta, Italy, Newcastle United, Manchester, Wembley, Arsenal, Brighton & Hove Albion, Manchester United, Milan, Manchester City, West Ham United, Bayern, Tottenham Hotspur, Aston Villa, Thomson Locations: England, North Macedonia, France, Germany, Malta, Crystal, Everton, Chelsea, Manchester, Liverpool, Real Madrid, West, Bayern Munich
Warner Gets Too Real About Advertising Meltdown
  + stars: | 2023-11-08 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Warner feels the need to invest in growth areas such as its videogame business. Warner Bros. Its studio revenue grew 4% year over year, which is its first such gain in more than a year. But that was offset by continued weakness in advertising, which fell 12% year over year to just under $1.8 billion—a record low for the combined company’s reported results that go back to the beginning of 2021. Warner also lost about 1.4 million domestic subscribers to its streaming services that included the recently rebranded Max; analysts had been expecting a drop of only about 200,000 subscribers.
Persons: Warner, claudia greco, Barbie ” Organizations: Warner Bros, Discovery
How a No-Nonsense Union Leader Became a Style Icon
  + stars: | 2023-11-08 | by ( Jacob Gallagher | ) www.wsj.com   time to read: 1 min
The United Auto Workers union struck a landmark series of deals with some of the nation’s largest automakers in recent weeks. Photo: Rebecca Cook/ReutersA few weeks into the United Auto Workers strike, the union’s straight-shooting president, Shawn Fain, appeared on a video livestream to update his members on the progress of negotiations. Things weren’t going well, and Fain did not mince words. “I’ll tell it to you straight. The billionaires and company executives think us autoworkers are just dumb,” he said.
Persons: Rebecca Cook, Shawn Fain, Fain Organizations: United Auto Workers, Reuters
New York CNN —A pair of Republicans leading powerful House committees are calling for the Department of Veterans Affairs to speed up efforts to decrease the agency’s reliance on China for medical supplies, CNN has learned. The Covid-19 pandemic laid bare a dangerous vulnerability in America’s medical supply chains that resulted in shortages of masks, respirators and other life-saving gear. “The COVID-19 pandemic exposed the national security and public health risks of failing to guarantee adequate medical supplies. As the biggest buyer of medical supplies among federal agencies, it has considerable influence. Congress has attempted to take steps to boost the resilience of the nation’s medical supply chain by easing dependence on goods from less friendly nations like China.
Persons: Mike Gallagher, Mike Bost, Denis McDonough, Bost, Gallagher, , ” Terrence Hayes, Joe Biden, Health Richard Stone, ” Bost, McDonough, Democratic Sen, Tom Carper, Republican Sen, Thom Tillis, Organizations: New, New York CNN, Department of Veterans Affairs, CNN, Veterans ’, Chinese Communist Party, CCP, Department of Veteran Affairs, Defense Department, Department of Homeland Security, Department of Health, Human Services, Republicans, Health, World Trade Organization, Congress, Democratic, Republican Locations: New York, China, United States, America, Covid, Mexico, Malaysia
TikTok is back in the cross hairs of Washington, with Republican lawmakers again calling to ban the popular short-form video app amid accusations that it is amplifying pro-Palestinian and anti-Israel videos through its powerful algorithmic feed. In the past week, Senator Josh Hawley of Missouri, asked the Biden administration to outlaw TikTok for its “ubiquity” of anti-Israel content. Senator Marco Rubio of Florida accused Beijing officials of using TikTok, whose parent company is based in China, to spread propaganda to Americans. ByteDance, which owns TikTok, has for years refuted claims that it poses a privacy or security risks. It has also said in recent weeks that the app does not disproportionately promote pro-Palestinian content.
Persons: TikTok, Josh Hawley, Biden, Mike Gallagher, Wisconsin, Marco Rubio, ” Mr, Rubio Organizations: Republican, America, Hamas Locations: Washington, Israel, Josh Hawley of Missouri, sympathizing, Florida, Beijing, China, , United States
U.S. President Joe Biden delivers remarks on infrastructure during an event at the Amtrak maintenance facility in Bear, Delaware, U.S., November 6, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Nov 8 (Reuters) - A bipartisan group of U.S. lawmakers want the Biden administration to hike tariffs on Chinese-made vehicles and investigate taking steps to prevent Chinese companies from exporting to the United States from Mexico. Representative Mike Gallagher, a Republican who chairs a select committee on China, and the panel's top Democrat, Raja Krishnamoorthi and two other lawmakers urged U.S. Trade Representative Katherine Tai in a letter to boost the current 25% tariff on Chinese vehicles. "It is critical that tariffs on (Chinese) automobiles not only be maintained but also increased to stem the expected surge in (Chinese) imports," they wrote in the previously unreported letter. Reporting by David ShepardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Leah Millis, Biden, Mike Gallagher, Raja Krishnamoorthi, Katherine Tai, David Shepardson Organizations: Amtrak, REUTERS, Rights, Republican, U.S, Trade, Thomson Locations: Bear , Delaware, U.S, United States, Mexico, China
Auto Chip Makers Try to Avoid a Pileup
  + stars: | 2023-11-07 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Semiconductor sales to the auto industry jumped 16% in 2022. The industry has been mired in a historic slump for more than a year now. The Semiconductor Industry Association, or SIA, reported last week that global chip sales in September fell 4.5% from the same period last year. That made for the 14th straight month of sales declines—a streak not seen in more than a decade. Much of the downturn has been due to weak sales of PCs, smartphones and other consumer and business electronics that saw a rise in demand earlier in the pandemic.
Persons: Justin Sullivan Organizations: Semiconductor Industry Association, SIA
The United Auto Workers union struck a landmark series of deals with some of the nation’s largest automakers in recent weeks. Photo: Rebecca Cook/ReutersA few weeks into the United Auto Workers strike, the union’s straight-shooting president, Shawn Fain, appeared on a video livestream to update his members on the progress of negotiations. Things weren’t going well, and Fain did not mince words. “I’ll tell it to you straight. The billionaires and company executives think us autoworkers are just dumb,” he said.
Persons: Rebecca Cook, Shawn Fain, Fain Organizations: United Auto Workers, Reuters
CNN —Five goals, as many overturned or disallowed, two red cards, and 21 minutes of stoppage time: those are just some of the numbers behind what was a wild and chaotic English Premier League game between Tottenham Hotspur and Chelsea. Spurs battled hard and deployed a seven-man high line in defense, which appeared to perplex Chelsea until Raheem Sterling got in behind and teed up Jackson to make it 2-1. We were very close to getting that equalizer a couple of times.”Ultimately, Spurs paid for their poor discipline. Jackson puts Chelsea ahead against Tottenham. Tony Obrien/Reuters“It was an amazing game,” Chelsea manager Mauricio Pochettino, facing his former club for the first time since leaving Tottenham four years ago, told Sky Sports.
Persons: Gary Neville, , Jamie Carragher, ” Nicolas Jackson’s, Cristian Romero, Destiny Udogie, perplex Chelsea, Raheem Sterling, Jackson, Nicolas Jackson, John Walton, Eric Dier, Bentancur, Son Heung, Min, Conor Gallagher, Guglielmo Vicario, , Ange Postecoglou, “ You’re, “ I’m, Dejan Kulusevski’s, Chelsea, Moisés Caicedo, Romero, Enzo Fernández, Caicedo’s, Cole Palmer, Udogie, Gallagher, Tony Obrien, ” Chelsea, Mauricio Pochettino Organizations: CNN, English Premier League, Tottenham Hotspur, Chelsea, Sports, Spurs, ” Spurs, Sky Sports, Sterling, Postecoglou, Tottenham, Reuters, Premier League, Manchester City Locations: Senegal
Dating Apps Need to Rekindle Romance With Wall Street
  + stars: | 2023-11-06 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Lidiane Jones will take over as CEO of Bumble. Photo: josh edelson/Agence France-Presse/Getty ImagesInvestors are swiping left on Bumble ’s new chief. The owner of the female-driven online dating app of the same name saw its share price slide about 5% on Monday morning after the company said that founder Whitney Wolfe Herd is stepping down from the chief-executive officer role. She will remain as executive chair, while Lidiane Jones will take over as CEO on Jan 2. She currently heads up Slack Technologies, where she became CEO almost a year ago under the ownership of Salesforce.
Persons: Lidiane Jones, Bumble, josh edelson, Whitney Wolfe Organizations: Agence France, Getty, Slack Technologies
Dearborn, Michigan CNN —In 2020, Eman Hammoud was one of thousands of Michigan Muslims who helped President Joe Biden beat Donald Trump. A month ago, the Palestinian American immigration lawyer had no doubts she would support his campaign again in 2024. Michigan has more than 200,000 Muslim American voters — 146,000 of whom turned out to vote in 2020 –— according to an analysis by Emgage, an organization that seeks to build the political power of Muslim Americans. “That just proves that the Biden administration needs the Muslim vote to win,” said Nada Al-Hanooti, the Michigan executive director of Emgage Action. “We felt that the rhetoric, including from the White House, was very unhelpful and in fact potentially dangerous,” Alzayat said.
Persons: Joe Biden, Donald Trump, she’s, “ He’s, ” Hammoud, that’s, Hammoud, Biden, , Nada, Fayoume, ” Biden, Ammar Moussa, , Donald Trump’s, Abbas Alawieh, Rashida Tlaib, Tlaib, Israel, Abdullah Hammoud, “ We’re, Israel isn’t, , Beau, Adam Abusalah, John Kirby, he’s, Robyn Patterson, “ We’ll, White, Jeff Zients, Anita Dunn, Wa’el Alzayat, ” Alzayat, Antony Blinken, Sam Baydoun, Baydoun, ” Baydoun, didn’t, ” Hussein Dabajeh, ” Dabajeh, ” Lexi Zeidan, “ We’ve, Zeidan, CNN’s Denise Royal Organizations: Michigan CNN —, Biden, CNN, Michigan, American, Michigan —, Arab American, GOP, MAGA, Democratic, Dearborn, Muslim American, Palestinian, Congress, Rep, Muslim, Israel, West Bank, US, UN, House, Hamas, Gaza Ministry of Health, White House, White, Office, UN Security, Trump Locations: Dearborn, Michigan, Palestinian, Israel, Gaza, , Detroit, Eastern, Arab American, Palestinian American, Hammoud, Tel Aviv, Minneapolis, Wayne County , Michigan, Lebanon, Habib’s, Lebanese, American, Palestine
Investors Aren’t Buying Apple’s New iPhone
  + stars: | 2023-11-03 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Apple’s stock has recently been underperforming its big tech peers. Photo: Brittany Peterson/Associated PressCompared with its big tech peers inflated by artificial-intelligence hype, Apple seemed to have the lowest bar to clear in the current earnings season. At the very least, Apple’s fiscal fourth-quarter results late Thursday indicate that its newest iPhones aren’t off to a raging start. The company launched the iPhone 15 family during its usual window about a week before the quarter’s end in late September. But that compares with a 10% gain in the previous year’s fourth quarter and a 47% surge in 2021, when the iPhone 13 family launched to surprisingly strong demand.
Persons: Brittany Peterson Organizations: Associated
Dollar General hasn't provided updates on a shareholder-endorsed audit of worker safety at its stores, an investor group says. Dollar General said it has met with the investor"including multiple calls with members of executive leadership." In May, Dollar General shareholders approved a proposal asking the company to audit worker safety at its stores. A Dollar General spokesperson said it has "a strong, ongoing shareholder engagement program and a well-documented track record of responsiveness to shareholder feedback." AdvertisementAdvertisementThe lack of action on safety at the chain's stores is a concern for many Dollar General shareholders, Gallagher told Insider.
Persons: hasn't, , Amy Domini, it's, Mary Beth Gallagher, Michael Calbert, Gallagher, didn't, Domini, doesn't, David Williams, Williams Organizations: Dollar, Service, Occupational Safety, Health Administration, OSHA, Department of Labor, New York Times, Company, Investors Locations: North Dakota, Texas, Jacksonville , Florida
That means the dilemma of the 21st century isn’t how Earth will feed an ever-growing population, but how the world will deal with a potential mass rebalancing of population via migration, an altered wealth-and-people equilibrium, in a world where technology is making the movement of peoples easier than ever. Clearly, the richest countries will be able to replenish their populations with immigration across the 21st century — if they choose. (A 25 percent ratio means there are four workers for every retiree; a 50 percent ratio, just two.) I don’t think you need to be especially pessimistic to regard that kind of transformation as incompatible with stable democratic governance. It’s among the reasons you already have the rightward shift in European politics and why immigration restriction will be a winning issue for the foreseeable future in many European countries.
Persons: Declan Walsh, Africa’s “, Hannah Reyes Morales, Walsh, it’s, Paul Morland, Philip Pilkington, , hasn’t, don’t, , Morland, Pilkington, Biden, Trump, , Gilbert Meilaender, Blake Smith, Yuan Yi Zhu, Valerie Stivers, Tim Miller, John Gallagher, — Sarah Neville Organizations: Financial Times Locations: Israel, Gaza, Europe, Africa, East Asia, Latin America, Italy, Spain, Bulgaria, Romania, Germany, Sweden, Nigeria, Morocco, Americas, America, United States, Palestine, Denmark, Britain, South Korea, Japan, Asia, Poland, , London, North America
The economy added 150,00 jobs in October, suggesting a mild slowdown following September’s outsized gain, the Labor Department reported on Friday. Nonfarm payrolls comes in a bit light, downward revisions to previous 2 months and wage growth on the low end. On the margin it feels like it has softened up, but it's still a mighty hot job market,” says Steve Preston, CEO of Goodwill Industries. The Federal Reserve has been looking to the labor market for signs it has reached a better balance between supply and demand than a year ago. Chairman Jerome Powell noted that the labor market has remained strong even as interest rates have risen at a sharp pace over the past year.
Persons: , Noah Yosif, Nonfarm payrolls, ” Kathy Jones, it's, Steve Preston, ” Preston, Geno Cutolo, Scott Hamilton, ” Hamilton, Jerome Powell, “ We've Organizations: Labor Department, UKG, , Schwab Center, Financial Research, Goodwill Industries, Federal Reserve, Labor Locations: North America
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