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☆ WeWork's troubles darken outlook for embattled office market
▼ + stars: | 2023-11-03 | by ( Sinead Cruise | ) www.reuters.com time to read: +6 min

Backed by Japan's SoftBank, WeWork aimed to revolutionise the office market by taking long leases on large properties and renting the space to multiple smaller businesses on more flexible, shorter arrangements. Some leveraged property investors could struggle to earn enough rental income to service rising debt costs, they said. The number and volume of real estate loans due for refinancing in 2024 is unclear because many deals are struck privately between borrower and lender, Ed Daubeney, co-head, debt and structured finance, EMEA, at real estate services firm Jones Lang LaSalle, told Reuters. U.S. industrial and office real estate investment trusts (REITs) were seen 35.8% more likely to default, versus expectations a year ago. "We're at a massive turning point in the real estate investment market globally," Jose Pellicer, head of real estate strategy at M&G Real Estate, said.

Persons: Kate Munsch, Japan's SoftBank, WeWork, Jeffrey Havsy, Ed Daubeney, Jones Lang LaSalle, Savills, refinancings, What's, MSCI, Jefferies, Jose Pellicer, Sinead Cruise, Elisa Martinuzzi, Mark Potter Organizations: REUTERS, Media, Real Estate, Reuters, Analysts, Europe, Flex, BNP, G, Thomson Locations: San Francisco , California, U.S, York, New York, London, United States, Europe, Britain, Germany, California

Nairobi, Kenya CNN —When King Charles III touched down for his four-day state visit in Kenya, it seemed inevitable the new monarch would have to grapple with Britain’s legacy of colonialism. But it was also that same year that Mau Mau freedom fighters – originating from the country’s largest ethnic Kikuyu tribe – rebelled against British colonialists. Mau Mau rebels held in a prison camp in Kenya in 1952. The King, accompanied by President William Ruto, receives a guided tour of a new museum dedicated to Kenya's history on Tuesday. The wounds and trauma inflicted during that dark period are still prevalent today, according to Evelyn Wanjugu Kimathi, the daughter of one of the leaders of the Mau Mau uprising, Dedan Kimathi.

Persons: King Charles III, Prince William, Charles, William Ruto, ”, ” King Charles, Queen Camilla, Rachel Ruto, Chris Jackson, ” Charles, It’s, Prince of, Kate Middleton, –, Mau Mau, contrition, Ruto, Ian Vogler, ” Ruto, Evelyn Wanjugu Kimathi, Dedan, Kimathi, “, we’ll, Victoria Jones, King Charles, Buckingham Organizations: CNN’s Royal, Kenya CNN, Caribbean, Kenyan, Kenyans ”, Getty, British, Kenyan Human Rights, Hulton, Uhuru, CNN, Commonwealth Locations: Nairobi, Kenya, Buckingham, Britain, Commonwealth, Prince of Wales, Mau, Stroud, ”, British

☆ WeWork plans to file for bankruptcy as early as next week, source says
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

[1/3] WeWork logos are seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch Acquire Licensing RightsOct 31 (Reuters) - WeWork (WE.N) plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank Group-backed company struggles with a massive debt pile and hefty losses. Shares of the flexible workspace provider fell 32% in extended trading after the Wall Street Journal first reported the news. New York-based WeWork is considering filing a Chapter 11 petition in New Jersey, the WSJ reported, citing people familiar with the matter. Its major backer, Japanese conglomerate SoftBank, sunk tens of billions to prop up the startup, but the company has continued to lose money.

Persons: Kate Munsch, WeWork, Sandeep Mathrani, Anirban Sen, Manas Mishra, Manya, Shailesh Kuber, Anil D'Silva Organizations: REUTERS, SoftBank, Wall Street Journal, WSJ, Manya Saini, Thomson Locations: San Francisco , California, U.S, New York, New Jersey, Bengaluru

☆ ‘The Crown’: New trailer focuses on Princess Diana tragedy
▼ + stars: | 2023-10-26 | by ( Lisa France | Lisa Respers France | ) edition.cnn.com time to read: +1 min

The trailer also features a small glimpse into her relationship with Dodi Fayed (played by Khalid Abdalla). Princess Diana and Fayed died during a high-speed car chase in Paris in 1997. “The Windsors face a reckoning as Diana, no longer a member of the royal family, continues to captivate the public in the weeks before her tragic death,” according to the caption for the trailer. The sixth and final season is being split into two parts and will span the events surrounding the royal family from 1997 to 2005. That includes the death of Princess Diana and the courtship between Prince William and Kate Middleton.

Persons: Dominic West, Prince Charles, ” Elizabeth Debicki, Princess Diana, Dodi Fayed, Khalid Abdalla, Fayed, Diana, Prince William, Kate Middleton, Imelda Staunton, Queen Elizabeth Organizations: CNN, Netflix Locations: Paris

No matter how much the world cuts back on carbon emissions, a key and sizable chunk of Antarctica is essentially doomed to an “unavoidable” melt, a new study found. Researchers used computer simulations to calculate future melting of protective ice shelves jutting over Antarctica’s Amundsen Sea in western Antarctica. How much melting can still be prevented by reducing emissions?” said study lead author Kaitlin Naughten, an oceanographer at the British Antarctic Survey. In each case, ocean warming was just too much for this section of the ice sheet to survive, the study found. That part of Antarctica “is doomed,” said University of California Irvine ice scientist Eric Rignot, who wasn’t part of the study.

Persons: ”, Kaitlin Naughten, it’s, Naughten, Eric Rignot, Ted Scambos, ” Naughten, Moon, Kate Marvel, ” ___ Read, Seth Borenstein Organizations: West, British Antarctic Survey, University of California, ” University of Colorado, Associated Press, Data, Twitter, AP Locations: Amundsen, Antarctica, ” West Antarctica, University of California Irvine

☆ 2023’s most popular Halloween costumes
▼ + stars: | 2023-10-22 | by ( Leah Asmelash | ) edition.cnn.com time to read: +5 min

Halloween, our annual celebration of the scary, has long been a showcase for ghost costumes and vampire teeth. CNN has you covered with five topical, yet still popular, Halloween costume ideas guaranteed to stun. The classic superhero is the third most searched Halloween costume this year (falling from its No. Chuck Hodes/FXBear — any bear — rounds out the top 20 most-searched Halloween costumes. With an apron and bear ears, you could even be a bear in “The Bear.” It’s Halloween; there are no rules.

Persons: Addams, “ Barbie ”, Kate McKinnon’s, Ryan Gosling, you’re, Barbie, Margot, Greta Gerwig, “ Barbie, Oppenheimer, Melinda Sue Gordon, we’d, “ Oppenheimer ”, Miles Morales, Gwen Stacy, Peter Parker, Addams Jenna Ortega, Netflix's, “, ”, Bear Jeremy Allen White, Chuck Hodes, Grazer Organizations: CNN, Google, Mattel, Warner Bros ., Warner Bros, Discovery, Universal, Sony, Netflix Netflix, Bear Locations: Chicago, The

☆ Goldman's strategy for higher rates and volatility: Buy these stocks with high cash returns
▼ + stars: | 2023-10-20 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Goldman Sachs is eyeing stocks that can best navigate a high interest rate environment. Goldman Sachs said stocks with a history of exceptional financial returns can help ride out the volatility. All the stocks that made the cut have a buy rating from Goldman Sachs. Shoe giant Nike stock has slipped more than 11% from the start of the year amid worries about consumer spending and a slowing economy. NKE YTD mountain Nike stock.

Persons: Goldman Sachs, Jerome Powell, Goldman, Michael Ng, Ng, Kash Rangan, Kate McShane Organizations: Federal, Tech, Apple, Software, Adobe, Nike, Investors

☆ Goldman Sachs sees demand for tech products driving this retail stock up 20%
▼ + stars: | 2023-10-19 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Best Buy shares are poised to rise over the next year thanks to growing demand for certain tech products, according to Goldman Sachs. "We see the potential for a positive demand inflection to drive upside, primarily through multiple expansion," said Kate McShane, an analyst at the firm. "We believe the company's current valuation is not taking into account this potential inflection and is most likely factoring in broader concerns regarding the health of the consumer and potential near-term demand headwinds." BBY 6M mountain Best Buy shares over the past six months "Our view for a potential inflection is supported by recent commentary surrounding stabilizing demand for certain tech products" – specifically, TVs and laptops, she added. "We see the potential for demand to stabilize and/or recover next year, supported by innovation and the upgrade/replacement cycle."

Persons: Goldman Sachs, Kate McShane, Goldman, McShane, — CNBC's Michael Bloom

☆ US special counsel withdraws subpoena on Trump's political fundraising group -report
▼ + stars: | 2023-10-17 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

Supporters of former U.S. President Donald Trump cheer for Rep. Lauren Boebert at the Save America Rally in Mendon, Illinois, U.S. June 25, 2022. Save America is a Trump group that is separate from his campaign but played a major role raising money to support him as the frontrunner for the 2024 Republican nomination. Trump, a Republican, founded Save America days after losing the 2020 election to President Joe Biden, a Democrat. Save America could not immediately be reached for comment. The federal indictment of Trump did not specifically refer to Save America.

Persons: Donald Trump, Lauren Boebert, Kate Munsch, Jack Smith, Smith, Trump, Joe Biden, Robert Mintz, Kanishka Singh, Richard Chang Organizations: Save, REUTERS, Rights, Washington Post, Trump, Republican, Democrat, U.S, Capitol, Save America, White, Thomson Locations: Mendon , Illinois, U.S, Washington, United States, New York, Georgia

☆ Goldman says it's time to buy this dollar store chain that has fallen 20% this year
▼ + stars: | 2023-10-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Dollar Tree 's investments into improving its store experience for consumers are finally paying off, according to Goldman Sachs. Dollar stores have been recently slammed by deteriorating consumer fundamentals and investor sentiment, as gas prices have risen and student loan payments resumed. Dollar Tree, for example, has seen its stock slide 22% since the start of the year. McShane noted that Dollar Tree's "recent investments in price, labor and merchandising" should also serve as catalysts. All in all, McShane believes Dollar Tree's multiyear initiatives should propel the company forward to generate its targeted earnings of $10 per share in 2026.

Persons: Goldman Sachs, Goldman, Kate McShane, McShane, — CNBC's Michael Bloom

The U.S. government in May ended the COVID public health emergency declaration during which it bought the shots and provided them to all Americans for free. In the current privatized system, health insurance plans by law must cover the shots at no cost. McKesson (MCK.N), one of the largest U.S. wholesalers, said it has distributed over 3.8 million shots so far. "Health insurance providers continue to educate Americans about where and how to get their COVID vaccines within their plan’s coverage," David Allen, a spokesperson for insurance lobby group AHIP said. Now that the government is no longer footing the bill for their vaccine supply, pharmacy owners need to pay for the shots.

Persons: Kate MacDowell, MacDowell, Kaiser, David Allen, AHIP, David Kohll, James Daily, he's, Suzanne Berman, Michael Erman, Ahmed Aboulenein, Caroline Humer, Bill Berkrot Organizations: Pfizer, U.S . Department of Health, Human Services, Kaiser Permanente, COVID, Moderna, CVS, Walmart, Walgreens, Walgreens Boots Alliance, Cardinal Health, Reuters, Kohll's Pharmacy, Thomson Locations: WASHINGTON, U.S, Portland , Oregon, Oregon, California, Nebraska, Readington , New Jersey, Crossville , Tennessee, New York, Washington

☆ WeWork to withhold interest payment on some notes
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

WeWork logos are seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo Acquire Licensing RightsOct 2 (Reuters) - WeWork Inc (WE.N) on Monday said it had decided to withhold interest payments of about $95 million related to some of its notes, as it tries to improve its capital structure. The company has a 30-day grace period to make the interest payments before a non-payment can be considered an "event of default", WeWork said in a regulatory filing. The company has the liquidity to make the interest payments and may decide to pay "in the future", it added. The company withheld interest payments of about $37.3 million payable in cash and $57.9 million of payment-in-kind (PIK) notes, each payable on Monday.

Persons: Kate Munsch, SoftBank, WeWork, Shivansh, Maju Samuel Organizations: REUTERS, WeWork, New York Stock Exchange, Thomson Locations: San Francisco , California, U.S, Bengaluru

VATICAN CITY (AP) — A few years ago, Pope Francis told the head of the main Vatican-backed Catholic women's organization to be “brave” in pushing for change for women in the Catholic Church. “Not only because of these events in October in Rome, but because the church has found a different way of being church,” Zervino said in a recent interview in her Vatican offices. It's the culmination of an unprecedented two-year canvasing of rank-and-file Catholics about their hopes for the future of the institution. But the voting reform is nevertheless significant, tangible evidence of Francis’ vision of the Catholic Church as being more about its flock than its shepherds. Zervino’s group, the World Union of Catholic Women’s Organizations, a Vatican-based umbrella organization of 100 Catholic associations, conducted a survey earlier this year of Catholics who participated in the synod consultations.

Persons: Pope Francis, Maria Lia Zervino, Francis, Cardinal Jorge Mario Bergoglio, “, ” Zervino, Cardinal Raymond Burke, Francis ’, ”, Sheila Pires, ” Pires, ” Francis, Nathalie Becquart, Becquart, ” Becquart, Kate McElwee, Zervino, they'll, Sebabatso Mosamo Organizations: VATICAN CITY, Catholic, Catholic Church, World Union of Catholic, Bishops, Associated Press Locations: Argentine, Rome, Africa, Johannesburg, Vatican, North America, Europe, “

PARIS (AP) — Valentino took a sentimental journey to Les Beaux-Arts this Sunday, revisiting the prestigious Parisian art school where its founder, Valentino Garavani, was once a student. Dive into the highlights of this Spring/Summer 2024 ready-to-wear collections from Paris, including the end of an era at Alexander McQueen as its lauded designer Sarah Burton presented her final show. Strategically positioned boxes filled with rocks, sand, and earth transformed into platforms for a troupe of sinewy, scantily clad contemporary dancers. Her task had always been titanic – to step into shoes left empty by the enigmatic genius of Lee Alexander McQueen. From the profound artistry of Kate Middleton’s wedding gown – a garment that transcended royal expectations – to her final collection’s poignant motifs, Burton proved her mettle time and again.

Persons: — Valentino, Les, Valentino Garavani, Alexander McQueen, Sarah Burton, VALENTINO, Pierpaolo, pare, Lee Alexander McQueen, Burton, Magdalena Abakanowicz’s, Kate Middleton’s, –, Naomi Campbell, Cate Blanchett, Elle Fanning Organizations: PARIS, Les Beaux, Beaux, Arts Locations: Paris, Polish

☆ Love Patterns? Try This Design Trick to Pull Any Room Together
▼ + stars: | 2023-09-30 | by ( Kate Morgan | ) www.wsj.com time to read: 1 min

THE HUMAN BRAIN loves a good pattern. Evolutionarily speaking, we’re hard-wired to recognize repetitive shapes. From a design standpoint, patterns can also help our homes feel harmonic. Applying the same one to multiple elements in a room pulls your décor together. We asked design pros for some tips on nailing the technique.

☆ Wall Street expects struggling Nike is turning things around, sees 50% to 60% upside
▼ + stars: | 2023-09-29 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Nike also reiterated its full-year guidance for midsingle-digit revenue growth. NKE YTD mountain Nike stock. The firm maintains an overweight rating on Nike stock and forecasts nearly 53% upside from Thursday's $89.62 close. McShane has a $136 per share price target on Nike stock, which implies more than 51% upside. Despite a near-term "choppy" outlook for Nike growth, the analyst says the company is well-positioned to navigate headwinds including "tough comparisons" and stiffer competition.

Persons: Matthew Boss, aren't, Jay Sole, Goldman Sachs, Kate McShane, McShane, Morgan Stanley's Alex Straton, Straton, Paul Lejuez, Lejuez, — CNBC's Michael Bloom Organizations: Nike, LSEG, JPMorgan, UBS, Paris Olympics, Air Max, 2Q, Citi Locations: U.S

☆ Analysts loved Costco's earnings report—Here's where they say the stock is headed next
▼ + stars: | 2023-09-27 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Lasser also labeled Costco stock as "the gold standard." Bank of America's Robert Ohmes reiterated a buy rating on Costco stock, with a $610 per share price target. Morgan Stanley's Simeon Gutman, meanwhile, restated an overweight rating on Wednesday, accompanied by a $585 per share price target or roughly 6% upside. Goldman Sachs analyst Kate McShane kept a buy rating on Costco stock following Tuesday's quarterly results, but boosted her price target to $603 from $589. He remains neutral on Costco stock with a $530 target price, which is 4% lower than where shares recently closed.

Persons: Costco, Michael Lasser, Lasser, Bank of America's Robert Ohmes, Ohmes, Morgan Stanley's Simeon Gutman, Morgan Stanley, Gutman, Goldman Sachs, Kate McShane, McShane, JPMorgan's Christopher Horvers, Horvers, Citi's Paul Lejuez, Lejuez, — CNBC's Michael Bloom Organizations: Costco, LSEG, 4Q, UBS, Bank of America's Locations: U.S

☆ Milan Fashion Week: Stars and style align at the Spring-Summer 2024 shows
▼ + stars: | 2023-09-26 | by ( Marianna Cerini | ) edition.cnn.com time to read: +13 min

Milan CNN —Milan Fashion Week picked up where London left off last Wednesday, at least weather-wise. Both hit their strides with highly well received collections, as did a number of other familiar faces to Italy’s fashion capital. Overall, however, the festivities showed a consistency of form that continues to make the Italian city Paris’s greatest rival to the fashion scene throne. Cinematic sets and performative showsAlongside the clothes, many brands made their sets a main talking point at fashion week. Lodovico Colli di Felizzano/WWD/Getty ImagesRyan Gosling and Juila Roberts were among the star-studded crowd to pile into the Gucci show.

Persons: Milan, Gucci, Sabato de Sarno, Tom Ford’s, Peter Hawkings, Ford’s, Versace, Giulio Tanzini, Julia Roberts, Ryan Gosling, Gabrielle Union, Jessica Chastain, Paul Mescal, Jodie Comer, Emma Watson, Scarlett Johansson, Benedict Cumberbatch, Prada, Kate Moss, Linda Evangelista, Naomi Campbell, Anna Wintour, Kim Jones, Karl Lagerfeld, Rome, Tom Ford, georgette, Brigitte Bardot, Priscilla Presley, Lorenzo Serafini, Max Mara, Ian Griffiths, Carlyne Cerf, Dudzeele, Katie Grand, Lucia Liu, Gabriella Karefa, Johnson, Franco, Jeremy Scott, Cerf, Lucia Liu’s, Donatella Versace, Kendall Jenner, Gigi Hadid, Natalia Bryant, Precious Lee, Claudia Schiffer, lacy, Simone Bellotti, Francesca Murri, Matthieu Blazy, Blazy, Italy —, —, Paolo Fichera, Cavalli, Fendi, Shawn Kolodny, Pietro S, Beate Karlsson, Avavav, Sabato de Sarno's, Gregoire Avanel, Tom Ford's, Gaspar Ruiz, Pietro D'Aprano, Mattieu, Alfonso Catalano, Kim Jones nodded, Fendi Jones, Daniele Venturelli, Zakirova, Lodovico Colli di, Juila Roberts, Roberto Cavalli, Isidore Montag Organizations: Milan CNN — Milan, London, Bottega Veneta, Diesel, Prada, Britain’s Land Army, Dolce, Gabbana, Bally, Fondazione Prada, Accademia di Brera, Getty, Gucci Locations: British, Milan, Bottega, Hollywood, Fendi, organza, Los Angeles, Cannes, Bottega Veneta, Italy, French, Belgian, —, Missoni, Milan’s, Sunnei, Stockholm

MILAN (AP) — A hush fell over the Fendi runway as the front-row filled with supermodels signaling the show was about to begin: Naomi Campbell, Linda Evangelista and Kate Moss had taken their seats. Kim Jones’ Spring-Summer 2024 collection for Fendi unveiled during the first day of Milan Fashion Week on Wednesday was a twist on knitwear, anchored by leather. The first look set the tone: A form-hugging color-block knit dresses in mocha, baby blue, salmon and ivory, with a double sash trailing at the waist lending drama and movement. Slinky, clinging monochrome knit dresses had peekaboo cutouts. A chunkier ribbed knit gave a chenille-soft appearance in a long jacket and skirt with a healthy front slit.

Persons: Naomi Campbell, Linda Evangelista, Kate Moss, Kim Jones, Fendi, Knitwear, trop, Jones —, Karl Lagerfeld, —, Demi Moore, Cristina Ricci, Gwendoline Christie, Naomi Watts Organizations: MILAN, Fendi Locations: Milan, mocha

☆ Prince William and Kate Middleton are looking for a 'low ego' CEO with 'strong self-awareness' to help run Kensington Palace
▼ + stars: | 2023-09-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The Prince and Princess of Wales are seeking a CEO to help run their household at Kensington Palace. They are looking for a CEO to run Kensington Palace, according to a recent job listing on Odgers Berndtson, a UK recruitment firm. The creation of a CEO role for Kensington Palace is seen as a break from tradition. Prince William and Kate Middleton do not live in Kensington Palace anymore. AdvertisementAdvertisementOdgers Berndtson and Kensington Palace did not immediately respond to requests for comment from Insider.

Persons: Princess, Odgers, There's, Prince, Princess of Wales, Prince William, Kate Middleton, Queen Elizabeth's, King Charles III Organizations: Service, Daily Mail, Kensington Palace, Windsor Home Locations: Wales, Kensington, Wall, Silicon, Adelaide, Windsor

☆ Vogue World: Stars flock to Britain’s answer to the Met Gala
▼ + stars: | 2023-09-15 | by ( Nicole Mowbray | ) edition.cnn.com time to read: +6 min

London, UK CNN —It was billed as Britain’s answer to the Met Gala, and last night’s inaugural “Vogue World” at the Theatre Royal on London’s Drury Lane didn’t disappoint. Vianney Le Caer/Invision/APActress and singer Dove Cameron went back to the future in a shiny silver suit and matching bikini top. Vianney Le Caer/Invision/Vianney Le Caer/Invision/APThe late Queen Elizabeth II's granddaughter, Princess Eugenie, looked elegant in an emerald silk dress by Fendi. Vianney Le Caer/Invision/APKate Winslet went for casual chic in a loose-fit two-piece white suit with a beige bustier underneath. Vianney Le Caer/Invision/APRita Ora arrived in a black Alaïa mermaid gown sourced from eBay.

Persons: Lane didn’t, Anna Wintour, Edward Enninful —, Sienna Miller, Miller, Beatrice, Eugenie, Richard Quinn, Fendi, Yui Mok, Sadiq Khan, Baz Luhrmann, Kate Winslet, Jared Leto, Jodie Turner Smith, Maisie Williams, Stella McCartney, Christopher Kane, Victoria Beckham, Olivier, Stephen Daldry, John Galliano, Kate Moss, Hongni Wu, Rambert, Stormzy, Sophie Okonedo, Damien Lewis, Cush Jumbo, James Corden, Damian Lewis, James McAvoy, “, Annie Lennox, Naomi Campbell, Cindy Crawford, Linda Evangelista, Christy Turlington, Mike Marsland, AJ Odudu, Robert Wun, Vianney Le Caer, Dove Cameron, Queen Elizabeth II's, Princess Eugenie, Fendi . Vianney Le Caer, Princess Beatrice, David M, Alison Mosshart, Alexa Chung, Nicklas Skovgaard, Anna Shaffer, David Fisher, Carrie Mulligan, Henry Nicholls, Jenna Coleman, Peter Pan, May Jagger, Jerry Hall, Mick Jagger, Vivienne Westwood, Tom Daley, Gemma Chan, Louis Vuitton, Rita Ora, Hollie Adams Organizations: UK CNN, Theatre Royal, US, British Vogue, London, London’s, BAFTA, National Theatre, Royal Opera House, Royal Ballet, Southbank Sinfonia, Rambert, Getty, Rodarte’s, MTV, Model, eBay, Reuters Locations: London, UK, British, Invision, AFP

☆ Morning Bid: Retail sales and a call to Arm
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

A sharply lower number might be seen by markets as giving confidence to the Federal Reserve that its work is done. Consumer inflation data on Wednesday - the most important scheduled release of the week - did little to change expectations the Fed will not rates interest rates at next week's meeting. Thursday's main event globally is the ECB rate decision. Ahead of the decision the euro was up a touch against the dollar, but near a three month low at $1.0739. Chinese auto makers' shares fell on the news of the European probe, as did European car makers after the Chinese response.

Persons: Kate Masters, Alun John, you've, Toby Chopra Organizations: company's Herald, REUTERS, Central Bank, Federal Reserve, European Commission, Arm Holdings, Reuters, Thomson Locations: Macy's, company's, New York City, U.S, Thursday's, Europe, Beijing, European

☆ After Birkenstock's 'Barbie' bump, iconic footwear brand seeks a big part in IPO market
▼ + stars: | 2023-09-13 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +10 min

Footwear companies have found recent success going public market, but not all by any means over the longer-term. In more recent history, the brand has collaborated with Rick Owens, Dior, and Manolo Blahnik, among many other big names in fashion. The current IPO market landscape The IPO market has been all but frozen since the pandemic stock offering boom crashed, and successful IPOs have included iconic brands, such as the Johnson & Johnson spinoff of its consumer health business which includes Tylenol and band-Aids in the Kenvue IPO. Still, while Kenvue was the biggest deal of the year, it's barely holding onto its IPO price today, according to CNBC and Renaissance Capital data, and the IPO market overall hasn't performed great after listing. The two potential paths of a footwear IPO can be tracked by the histories of Crocs and Allbirds.

Persons: Nordstrom, Jeff Greenberg, what's, Johann Adam Birkenstock, Birkenstock, Angelo Bochanis, Oliver Reichert, outsized, Reichert, Konrad Birkenstock, Johann, Karl, Konrad, Margo Fraser, Kim Knott, Kate Moss, Corinne Day, Rick Owens, Dior, Manolo Blahnik, Jeremy Moeller, Barbie, Margot Robbie, Johnson, Kenvue, it's, hasn't, Mark Cohen, Cohen, Jamie Dimon, Dimon, Bochanis, " Cohen Organizations: Universal, Getty, New York Stock Exchange, Nasdaq, Holding, Renaissance, Consumers, British Elle, Brand, CNBC, Columbia Business School, Facebook, Wall, JPMorgan, Company Locations: Merrick, , Miami, Germany, America, California, British, Arizona, It's, U.S

☆ Escape to the Low-Key, Charming Side of England’s Cotswolds—and Bypass the Billionaires
▼ + stars: | 2023-09-07 | by ( Kate Maxwell | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/travel/escape-to-the-low-key-charming-side-of-englands-cotswoldsand-bypass-the-billionaires-fb9d65a7

Persons: Dow Jones, fb9d65a7

☆ Opinion | What Have We Learned From a Summer of Climate Reckoning?
▼ + stars: | 2023-09-05 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

This summer has been a parade of broken climate records. June was the hottest June and July was not just the hottest July but the hottest month ever on record. What does it mean to hold the pessimism of climate disaster and the optimism of climate action together? [You can listen to this episode of “The Ezra Klein Show” on Apple, Spotify, Amazon Music, Google or wherever you get your podcasts.] There are few individuals better suited to navigate these questions than Kate Marvel, a senior climate scientist at Project Drawdown.

Persons: “, Ezra Klein, Kate Marvel, David Wallace, Wells, Marvel Organizations: Apple, Spotify, Amazon Music, Google

Search resuls for: "Kate M"

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