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☆ I tried a $35 Wagyu beef sandwich at Harrods and it was as disappointing as it was expensive
▼ + stars: | 2023-11-25 | by ( Polly Thompson | ) www.businessinsider.com time to read: +5 min

Harrods, London's upmarket department store, sells a Wagyu beef sandwich for £28 ($35.) Simply called the "Wagyu Steak Sandwich," the new addition to the menu at Harrods in Knightsbridge contains strips of Wagyu beef fillet along with accompanied by porcini and truffle butter, gold mustard mayo, large portobello mushrooms, arugula, and beer- braised onions. The Harrods deli counter where you can purchase the Wagyu sandwich. High-grade marbled Wagyu beef is a delicacy typically imported from Japan and can cost anywhere between $120 and $300 per pound. To its credit, and to be expected when it packs a whopping 1,040 calories, the Harrods sandwich was a generous size and I was definitely full by the end.

Persons: —, porcini, Polly Thompson, I've, I'd, Mark Field Organizations: Harrods, Business, Service, Qatari, Consulting Locations: Britain, Knightsbridge, mayo, portobello, Japan, Harrods, Hyde

☆ Auto Dealers Find Savings by Buying Cars Off the Street
▼ + stars: | 2023-11-24 | by ( Kristin Broughton | ) www.wsj.com time to read: 1 min

CarMax in 2021 launched nationally an online tool that provides instant offers to car owners for their vehicles. Photo: Mark Felix/Bloomberg NewsDuring the pandemic, auto dealers rushed to buy used cars off the street as vehicle production declined amid supply-chain shortages. They also have bolstered dealers’ profit margins while allowing some to cut prices, as the vehicles they purchase directly from consumers are often cheaper. Inventory pressures have eased in recent months, but dealers continue to focus on street purchases because they are more lucrative than buying cars at wholesale auctions, where dealers bid up prices and pay fees and transportation costs. A street purchase is different from a trade-in, where dealers purchase a car at the same time they sell a new one.

Persons: Mark Felix Organizations: Bloomberg Locations: Houston, CarMax

Oil futures traded steady ahead of next week's OPEC+ meeting, which could bring some kind of agreement on output cuts in 2024. Gold futures finished higher as the dollar index slipped against a basket of currencies on Friday. Germany's 10-year government bond yield , the benchmark for the euro area, rose 3 basis points to a 1-1/2-week high. Oil prices were steady after tumbling more than 1% on concerns over a delayed OPEC+ meeting. ($1 = 7.2111 Chinese yuan renminbi)Reporting by Chris Prentice in New York, Naomi Rovnick in London and Stella Qiu in Sydney.

Persons: Caitlin Ochs, Germany's DAX, Peter Doherty, Arbuthnot Latham, Robert Holzmann, Pierre Wunsch, Chris Prentice, Naomi Rovnick, Stella Qiu, Toby Chopra, Susan Fenton, Mark Potter, Deepa Babington Organizations: New York Stock Exchange, REUTERS, U.S, Dow Jones, Nasdaq, Hamas, P Global, European Central Bank, ECB, Bank of England, Japan's Nikkei, China's CSI, Brent, Thomson Locations: New York City, U.S, OPEC, Germany, Israel, London, Belgian, Asia, New York, Sydney

☆ Stocks maintain November reign, oil hit by OPEC doubts
▼ + stars: | 2023-11-23 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. Wall Street's benchmark S&P 500 (.SPX) is nearing a fresh high for 2023, with the S&P 500 and MSCI's all-country world index (.MIWD00000PUS) both up more than 8% this month alone. For MSCI world that is the best showing since November 2020 when markets got a major shot in the arm from COVID vaccine hopes. Germany's 10-year bund , the benchmark for the Europe, was fractionally higher on the day at 2.57% having touched 3% last month. Bitcoin fell by 0.77% on Thursday to $37,337 after it rose nearly 5% on Wednesday.

Persons: Tyrone Siu, Geert Wilders, Robert Alster, Viktor Orban, Wilders, Mark Rutte, Sterling, Jeremy Hunt, Changpeng Zhao, Marc Jones, Christina Fincher Organizations: REUTERS, PMI, ECB, Oil, Traders, Asset Management, European Union, Freedom Party, Labour, Green, People's Party for Freedom and Democracy, European, HK, Reuters, Treasury, UK Finance, OPEC, Thomson Locations: Exchange, Hong Kong, China, Europe, U.S, EU, Germany, Holland, Ukraine, Turkey, Asia, Pacific, Japan, Brent, Bitcoin

☆ Formula One trials AI to tackle track limits breaches
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsABU DHABI, Nov 23 (Reuters) - Formula One's governing body is trialling artificial intelligence (AI) to tackle track limits breaches at this weekend's season-ending Abu Dhabi Grand Prix. The Paris-based FIA said it would be using 'Computer Vision' technology that uses shape analysis to work out the number of pixels going past the track edge. By the title-deciding Qatar weekend in October there were eight people assigned to assess track limits and monitor 820 corner passes, with 141 reports sent to race control who then deleted 51 laps. Stewards said this month that their inability to properly enforce track limits violations at turn six was "completely unsatisfactory" and a solution needed to be found before the start of next season. Malyon said the extra Computer Vision layer would reduce the number of potential infringements being considered by the ROC, with still fewer then going on to race control for further action.

Persons: Dado Ruvic, ABU, Abu, Tim Malyon, Malyon, I’ve, Alan Baldwin, Toby Davis Organizations: REUTERS, Abu Dhabi Grand Prix, FIA, October's U.S, Prix, Stewards, Computer, Thomson Locations: ABU DHABI, Abu Dhabi Grand, Paris, Qatar, Austin, ROC, London

☆ Stocks maintain November reign, oil nagged by OPEC doubts
▼ + stars: | 2023-11-23 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 22, 2023. Traders were getting their moves in despite the annual U.S. Thanksgiving holiday scything volumes but there was plenty to keep them busy while they did it. Wall Street's benchmark S&P 500 (.SPX) is nearing a fresh high for 2023 and both it and MSCI's all-country world index (.MIWD00000PUS) are both up more than 8% this month alone. For the MSCI world index, that is the best showing since November 2020 when COVID-19 vaccine hopes were driving markets wild. Reporting by Marc Jones; Editing by Christina Fincher and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Geert Wilders, Robert Alster, Viktor Orban, Wilders, Mark Rutte, Tayyip Erdogan, Sterling, Jeremy Hunt, Changpeng Zhao, Marc Jones, Christina Fincher, Jonathan Oatis Organizations: REUTERS, Staff, PMI, ECB, Oil, OPEC, Traders, Asset Management, Freedom Party, Labour, Green, People's Party for Freedom and Democracy, European, U.S, HK, Reuters, Europe, Thomson Locations: Frankfurt, Germany, Europe, U.S, European, France, Holland, Ukraine, Asia, Pacific, Japan, COVID, Brent, Bitcoin

☆ The money you are saving at the pump this holiday season is probably only temporary
▼ + stars: | 2023-11-21 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Goldman Sachs researchers are projecting oil prices to jump nearly 20% next year. AdvertisementAs the holiday season approaches, drivers are experiencing a welcome respite at gas stations, but those savings will likely go away in the new year. Last week, West Texas Intermediate crude, a benchmark for oil prices, dipped to approximately $73 per barrel, a significant 20% drop from its late September peak of $94. "The big surprise of 2023 is stronger than expected non-OPEC supply growth, which we think will slow heading into 2024," Struyven said. And what the US economy doesn't need in the near future is Americans tightening their budgets after their summer of fun and the holiday spending season.

Persons: Goldman Sachs, —, GasBuddy, Daan Struyven, CNBC's, Dado Ruvic, Struyven, David Kelly, We're, Kelly Organizations: Service, West, AAA, OPEC, Reuters, US Strategic Petroleum Reserve, Biden, Strategic Petroleum Reserve Energy Department, Strategic Petroleum Reserve, Morgan Asset Management Locations: West Texas, OPEC, Ukraine, Russia, Saudi Arabia

☆ US pension plans lose bid to block cum-ex tax fraud case
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

COPENHAGEN, Nov 21 (Reuters) - A group of U.S. pension plans has lost a bid to block Denmark's tax agency from pursuing millions of dollars from them in a "cum-ex" tax fraud case after a judge in a New York district court ruled the trial could proceed. Danish tax agency in 2018 filed civil lawsuits in federal district courts across the United States, accusing more than 100 retirement and pension plans of inflating the size of their Danish stock holdings in order to obtain higher tax refunds. In a bellwether trial in the New York court to help anticipate the results of future similar cases, the judge rejected arguments brought by seven defendants, meaning the Danish tax authority can proceed with its case. The second bellwether defendant group is the Solo group, which includes five U.S.-based pension plans, a lawyer, two trusts and their trustees. The Danish tax agency claims that British hedge fund trader Sanjay Shah masterminded a fraudulent scheme that involved submitting wrongful applications for dividend tax refunds on behalf of investors and companies around the world between 2012 and 2015.

Persons: Sanjay Shah, Shah, Bech, Bruun, Jacob Gronholt, Pedersen, David Evans Organizations: F Man Capital, Thomson Locations: COPENHAGEN, New York, Danish, United States, Denmark, Germany, Belgium, Dubai, London

LA CROSSE, Wis. (AP) — Wildlife officials across the Great Lakes are looking for spies to take on an almost impossible mission: stop the spread of invasive carp. Kayla Stampfle, invasive carp field lead for the Minnesota DNR, said the goal is to monitor when carp start moving in the spring and use the tagged fish to ambush their brethren. Political Cartoons View All 1256 ImagesFour different species are considered invasive carp: bighead, black, grass and silver. There is no hard estimates of invasive carp populations in the U.S. but they are believed to number in the millions. Wildlife agencies are still consolidating data on how many invasive carp that real-time tracking has helped them remove, U.S.

Persons: Kayla Stampfle, Fritts, Janet Lebson, Mark Fritts, Marc Smith, “, " Smith, James Stone, Stampfle, It's Organizations: —, U.S . Fish, Wildlife Service, Minnesota Department of Natural Resources, Agency, Minnesota DNR, Press, Fisheries, Water Resources Reform, Survey, Chicago Sanitary, The Minnesota DNR, Minnesota -, La Crosse, Fish, Wildlife, Cities, Lakes Regional Center Locations: LA CROSSE, Wis, U.S, Mississippi, Wisconsin, Lake Erie, Lake Michigan, Lake Ontario, St, Croix, Gulf, Mexico, Illinois, Ohio, Missouri, Chicago, Davenport , Iowa, The, Des Plaines, Sandusky, Minnesota, Minnesota - Wisconsin, La, Iowa, La Crosse

[1/2] A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Cooler-than-expected U.S. inflation data on Tuesday and Wednesday hastened market expectations for how soon the Federal Reserve will cut rates. Such a move would weaken a major dollar support and could come as early as next year's first quarter. The yen - punished broadly this year by dollar strength - broke the 150 mark for the first time in nearly two weeks, gaining 0.69% to 149.68 to the dollar. Japanese authorities do not have specific exchange-rate levels in mind when deciding when to intervene in the currency market, Deputy Finance Minister Ryosei Akazawa told parliament on Friday.

Persons: Marcos Brindicci, Bipan Rai, Thierry Wizman, Wizman, Ryosei Akazawa, Lee Hardman, Robert Holzmann, Joachim Nagel, Christine Lagarde, Herbert Lash, Iain Withers, Rae Wee, Tom Westbrook, Alexander Smith, Matthew Lewis Organizations: REUTERS, Federal Reserve, CIBC Capital Markets, FX, Eurostat, European Central Bank, Thomson Locations: Buenos Aires, Argentina, North America, Toronto, United States, Macquarie, New York, Britain, London, Singapore

[1/2] A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Cooler-than-expected U.S. inflation data on Tuesday and Wednesday reset market expectations for how soon the Federal Reserve will cut rates and weighed on the dollar. The greenback is poised for its biggest weekly drop since July, down 1.6% over the past five days, and second-biggest decline this year. Data that showed U.S. single-family homebuilding increased marginally in October briefly supported the dollar, but with inflation the main market driver it remained lower on the day. The euro was up 0.17% at $1.0868 after Eurostat data confirmed year-on-year inflation in the euro zone slowed sharply in October.

Persons: Marcos Brindicci, Bipan Rai, Thierry Wizman, Wizman, Lee Hardman, Robert Holzmann, Joachim Nagel, Christine Lagarde, Herbert Lash, Iain Withers, Rae Wee, Tom Westbrook, Mark Potter, Kirsten Donovan Organizations: REUTERS, Federal Reserve, CIBC Capital Markets, FX, Eurostat, European Central Bank, Thomson Locations: Buenos Aires, Argentina, North America, Toronto, United States, Macquarie, New York, Britain, London, Singapore

☆ Are Americans Falling Out of Love With EVs?
▼ + stars: | 2023-11-17 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

Prices of electric vehicles, such those manufactured by Tesla, have been falling. Photo: Bloomberg NewsAmerica’s spendthrift relationship with electric vehicles has lost some spark. It will take new generations of products to rekindle the romance on tighter budgets. Inventories are piling up and prices are falling, led by market leader Tesla . The average new EV sold for about $52,000 in October, down from around $65,000 a year ago, according to Cox Automotive.

Persons: Tesla Organizations: Tesla, Bloomberg, Cox Automotive Locations: U.S

☆ Fisker delivers over 100 cars in a day with new distribution strategy
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +1 min

Henrik Fisker, CEO of electric-vehicle maker Fisker Inc. introduces the Ronin electric sports car in Huntington Beach, California, August 3, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Fisker Inc FollowNov 17 (Reuters) - Fisker (FSR.N) said on Friday that its new distribution strategy would help improve delivery speed and volume, which the electric vehicle company noted was a bottleneck that curbed production. The EV maker delivered 107 vehicles on Thursday, crossing the 100 mark for the first time after executing a new strategy that brought in revenue of $7.5 million in one day. Fisker said it has added several logistics partners to transport Ocean SUVs to delivery locations so that they can be handed over to customers quickly. An employee can drive a customer's car to them if they live within 60 miles of a Fisker fulfillment location, eliminating the use of vehicle transport, the company said.

Persons: Henrik Fisker, Mike Blake, Fisker, Akash Sriram, Maju Samuel Organizations: Fisker Inc, REUTERS, Thomson Locations: Huntington Beach , California, Bengaluru

☆ Broncos slip past sloppy Bills on last-second FG
▼ + stars: | 2023-11-14 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/112] Nov 13, 2023; Orchard Park, New York, USA; Buffalo Bills quarterback Josh Allen warms up before a game against the Denver Broncos at Highmark Stadium. On third-and-10 from the Buffalo 45, Wilson's deep throw for Jerry Jeudy fell incomplete, but Taron Johnson was flagged for contacting Jeudy before the ball got there. However, the Bills were penalized for having 12 men on the field. Ja'Quan McMillian recovered, and Denver scored four plays later on the first of Lutz's four field goals, a 40-yarder. The Bills finally quit making mistakes long enough to get within 9-8 on Allen's 22-yard connection to Dalton Kincaid and a two-point conversion pass to Gabe Davis.

Persons: Josh Allen, Mark Konezny, Wil Lutz, Josh Allen's, Russell Wilson, Jerry Jeudy, Taron Johnson, Wilson, Lutz, Lutz's, Allen, Buffalo's James Cook, Ja'Quan McMillian, Courtland Sutton, Dalton Kincaid, Gabe Davis, Fabian Moreau Organizations: Buffalo, Denver Broncos, Highmark, Buffalo Bills, Bills, Jeudy, Miami Dolphins, AFC East, Denver, Broncos, Thomson Locations: Orchard, , New York, USA, Orchard Park, N.Y, Buffalo

☆ Koeman picks Verbruggen as goalkeeper for qualifier against Ireland
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +3 min

“Bart Verbruggen will keep goal this week. I think that’s logical on the basis of the last two matches that we played,” Koeman told a press conference on Tuesday. Verbruggen won his first caps in the 2-1 home loss to France and 1-0 victory in Greece in Euro 2024 qualifying last month. “He has developed nicely at his young age,” Koeman said of the 21-year-old Verbruggen. Since Koeman took over this year, he has used Jasper Cillessen, who is now out of favour, Bijlow, Flekken and Verbruggen.

Persons: Bart Verbruggen, Ed Sykes, Ronald Koeman, Verbruggen, Justin Bijlow, Mark Flekken, “ Bart Verbruggen, ” Koeman, Bart, uncapped Andries Noppert, Louis van Gaal, Koeman, Jasper Cillessen, “, Nathan Ake, Steven Bergwijn, Brian Brobbey, Uncapped, Thijs Dallinga, Mark Gleeson Organizations: Soccer Football, Premier League, Everton, Brighton & Hove Albion, Goodison, Hove, Republic of Ireland, Anderlecht, Hato, Ajax Amsterdam, Uncapped Toulouse, Thomson Locations: Liverpool, Britain, Brighton, AMSTERDAM, Netherlands, Republic of, Amsterdam, Germany, Brentford, France, Greece, Gibraltar, Faro, Portugal, Qatar, Cape Town

☆ NHL roundup: Rangers rally late, down Jackets in shootout
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +4 min

[1/4] Nov 12, 2023; New York, New York, USA; New York Rangers left wing Alexis Lafreniere (13) scores the game winning goal in a shootout against the Columbus Blue Jackets at Madison Square Garden. Kreider earlier scored his 10th goal of the season and Panarin collected two assists to extend his point streak to a career-high 14 games. Panarin also matched Hall of Famer Rod Gilbert's 1972-73 mark for the longest streak to start a season in team history. Columbus' Elvis Merzlikins made 16 of his season-high 37 saves in the third, when the Rangers outshot Columbus 17-3. Luke Kunin replied for the Sharks, who have lost two straight games and have only two victories in 15 games this season.

Persons: Alexis Lafreniere, Wendell Cruz, Lafreniere, Chris Kreider, Merzlikins, Kreider, Panarin, of Famer Rod Gilbert's, Justin Danforth, Adam Fantilli, Sean Kuraly, Elvis Merzlikins, Carter Verhaeghe, Sam Reinhart, Reinhart, Sergei Bobrovsky, Oliver Ekman, Larsson, Matthew Tkachuk, Evan Rodrigues, Connor Bedard, Bedard, Jason Dickinson, Arvid Soderblom, Jason Robertson, Wyatt Johnston, Matt Duchene, Joe Pavelski, Radek Faksa, Evgenii Dadonov, Jake Oettinger, Brandon Duhaime, Vinni Lettieri, Mats Zuccarello, Marc, Andre Fleury, Casey DeSmith, Conor Garland, Dakota Joshua, Brock Boeser, Filip Hronek, Mike Matheson, Arber Xhekaj, Jake Allen, Frank Vatrano, Mason McTavish, Radko Gudas, John Gibson, Ryan Strome, Luke Kunin, Mackenzie Blackwood Organizations: New York Rangers, Columbus Blue Jackets, of Famer, Blue Jackets, Rangers, Columbus, Panthers, Blackhawks, Florida, Chicago, Dallas, Minnesota, Wild, Canucks, Canadiens, Vancouver, Montreal, Boston Bruins, Ducks, Sharks, Anaheim, San, Thomson Locations: New York , New York, USA, Madison, Columbus, Florida, Chicago, Sunrise, Fla, Minnesota, Saint Paul, Toronto, San Jose

☆ Moody’s Changes U.S. Credit Outlook to ‘Negative’
▼ + stars: | 2023-11-10 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com time to read: +1 min

The outlook on the credit rating of the United States was changed to “negative” from “stable” on Friday by the ratings firm Moody’s, which pointed to the nation’s worsening fiscal position and political polarization as long-term concerns for America’s economy. The change falls short of a downgrade to America’s credit rating, which Moody’s maintained at the highest AAA level. That downgrade, two months after the United States narrowly avoided defaulting on its debt, was the second in America’s history. Republicans have been pushing for severe spending cuts to reduce the gap between what America spends and what it earns in tax revenue. Mr. Biden has proposed reducing future deficits by expanding the economy and raising taxes on high earners and corporations.

Persons: Moody’s, Fitch, Biden Organizations: AAA, Republicans, America Locations: United States

☆ Morning Bid: Powell pushback puts cloud 9 beyond reach
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +5 min

Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, U.S., November 1, 2023. Curiously, there was little change in that basic market pricing after Powell spoke - with end-2024 futures still pointing at a rate of 4.50-4.75% versus the current 5.25-5.50%. But the Treasury market did suffer a bigger jolt - as they were also undermined by poor demand at the latest long bond auction. But others pointed to a ransomware attack on the U.S. arm of The Industrial and Commercial Bank of China, which reportedly disrupted trades in the Treasury market on Thursday. Whatever the main cause, fresh bond market jitters were enough to knock the S&P500 out of its winning streak and close almost 1% lower.

Persons: Jerome Powell, Kevin Lamarque, Mike Dolan, Jerome Powell's pushback, Powell's, Powell, 5bps, Sterling, Janet Yellen, Lorie Logan, Raphael Bostic, Christine Lagarde, Joachim Nagel, Elaine Hardcastle Organizations: Federal, Committee, Federal Reserve, REUTERS, Veterans, Commercial Bank of China, Treasury, University of Michigan, Dallas Federal, Atlanta Fed, European Central Bank, Financial Affairs, Reuters, Thomson Locations: Washington , U.S, U.S, United States, HK, Washington, Beijing, Atlanta

☆ Fed reverse repos fall under $1 trillion for first time since August 2021
▼ + stars: | 2023-11-09 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

Cash from money market funds and other eligible firms flowing into the Fed's reverse repo facility stood at $993.3 billion on Thursday, which was the first time flows fell under the $1 trillion mark since Aug. 10, 2021. Until fairly recently, Fed efforts to pull liquidity out has had only a modest impact on the reverse repo inflows, which had held above $2 trillion per day until mid-June. J.P. Morgan economists said Thursday that reverse repo balances "should decline further" given what's happening with Treasury debt offerings. The accelerating decline of the reverse repo facility has fueled questions about how far the Fed has left to go on shrinking the size of its balance sheet. They project reverse repo levels will stand at $700 billion at that point.

Persons: Cash, Morgan, Michael S, Daniel Wallis, Andrea Ricci Organizations: Fed, Thomson

☆ Hong Kong finance summit tiptoes around China
▼ + stars: | 2023-11-09 | by ( Peter Thal Larsen | ) www.reuters.com time to read: +7 min

HONG KONG, Nov 9 (Reuters Breakingviews) - Hong Kong in November enjoys a pleasant climate that some local managers dub “chairman weather”. Hong Kong is hardly a hot destination for financiers right now. Companies raised just $2.7 billion from initial public offerings in Hong Kong in the quarter, a fraction of previous years. Hong Kong officials including John Lee, the territory’s chief executive, have been sanctioned by the U.S.. Follow @peter_tl on XCONTEXT NEWSThe Global Financial Leaders’ Summit was held in Hong Kong from Nov. 6 to Nov. 8.

Persons: Marc Rowan, Colm Kelleher, Morgan Stanley, Goldman Sachs, David Solomon, Jane Fraser, Ken Griffin, Hong, John Lee, Eddie Yue, Kung, Zhang Qingsong, Bob Prince, Mark Wiedman, Apollo’s Rowan, UBS’s Kelleher, Joseph Yam, Una Galani, Thomas Shum Organizations: Reuters, Apollo Global Management, UBS, Monetary Fund, Companies, Citigroup, Citadel, Hong Kong Monetary Authority, Hong Kong’s HK, Exchange, People’s Bank of China, Bridgewater Associates, BlackRock, Goldman, Bank for International, Global, ’, Thomson Locations: HONG KONG, Hong Kong, Europe, U.S, China . Hong Kong, China, People’s Republic, Hong, British, Singapore, BLK.N, ”

12 Arizona at its famously hostile arena on Friday night — the kind of marquee matchup that's getting trickier for coaches to schedule with lengthy conference slates, NCAA Tournament bids and even coaches' job security on the line. “I know you always hear people, fans of college basketball saying, ‘We need this.’ It's hard, it's really hard. It's become big business.”The game at Cameron Indoor Stadium opens a home-and-home series, with the Blue Devils visiting Tucson in 2024. By the time Duke returns the trip next year, Arizona will have left the Pac-12 for the Big 12. He won an NCAA title as a Duke player in 2010 and an assistant in 2015 and worked under Coach K for nine seasons.

Persons: — Jon Scheyer, Tommy Lloyd, Lloyd, ” Lloyd, “, Duke, there's, Scheyer, “ Tommy, It'll, it'll, ”, —, ” Scheyer, of Famer Mike Krzyzewski, Mark Few’s, John Marshall, ___ Organizations: Duke, Cameron, Blue Devils, CBS, North, UCLA, Ohio State, Atlantic Coast Conference, Michigan State, ACC, SEC, of Famer, Arizona, NCAA Locations: DURHAM, N.C, Arizona, Tucson, North Carolina, Kansas, Kentucky, Hill, Lexington, that's, Arkansas

☆ Watch CNBC's full interview with former Ford CEO Mark Fields and Deutsche Bank's Emmanuel Rosner
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with former Ford CEO Mark Fields and Deutsche Bank's Emmanuel RosnerMark Fields, former Ford CEO, and Emmanuel Rosner, Deutsche Bank lead auto technology analyst, join 'Squawk on the Street' to discuss the recent attitude towards electric vehicles, some of the challenges in leveraging the growth in electric vehicles, and more.

Persons: Mark Fields, Deutsche Bank's Emmanuel Rosner Mark Fields, Emmanuel Rosner Organizations: Ford, Deutsche, Deutsche Bank

☆ Americans’ debt levels — and delinquencies — are on the rise
▼ + stars: | 2023-11-07 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

The increases in credit card delinquency were the sharpest among borrowers in the range of 30 to 39 years old, according to the New York Fed. Newly delinquent auto loan balances continued to climb, as well, with transitions into serious delinquencies hitting 13-year highs, survey data showed. Still, thanks mostly to higher-quality mortgage loans, overall delinquencies remain below pre-pandemic levels, New York Fed researchers said. Credit card balances, which in the second quarter surpassed the trillion-dollar mark for the first time, continued to grow at historic rates. This year is on pace to have the lowest origination values since 2014, New York Fed data shows.

Persons: ”, Donghoon Lee, “, Mortgage originations Organizations: Minneapolis CNN, Federal Reserve Bank of New, New York Fed, ” New York Fed, Mortgage Locations: Minneapolis, New, New York

Maradona secured an EU trademark to his name for clothing, footwear, hospitality and IT services in 2008. The EU patent agency in a decision last year said Sattvica had not submitted documents confirming the transfer of the trademark to the company. Sattvica then took its case to the Luxembourg-based General Court, Europe's second highest. Sattvica can appeal to the EU Court of Justice, Europe's top court. The case is T-299/22 | Sattvica v EUIPO – Maradona and Others (DIEGO MARADONA).

Persons: Diego Maradona, Maradona, Sattvica, Maradona's, EUIPO, Europe's, Che Guevara, Evita Peron, EUIPO – Maradona, DIEGO MARADONA, Foo Yun Chee, David Evans Organizations: EU, Maradona, Justice, Thomson Locations: BRUSSELS, Argentine, EU, Luxembourg, Buenos Aires, Argentina

☆ Ryman Hospitality CEO: Business levels have returned to pre-pandemic levels for room nights sold
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRyman Hospitality CEO: Business levels have returned to pre-pandemic levels for room nights soldMark Fioravanti, Ryman Hospitality Properties CEO, joins 'The Exchange' to discuss rising shares of the company following its earnings results, the return of business travel, and more.

Persons: Mark Fioravanti Organizations: Ryman, Ryman Hospitality

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