Posts by Swedan Margen
L’Oreal sales disappoint on slowdown in Europe, North Asia
[LONDON] L’Oreal’s sales missed expectations in the second quarter as the French beauty-products company faced weaker demand in North Asia and a slowdown in Europe, its biggest market. Like-for-like sales rose 2.4 per cent, the maker of shampoo and cosmetics brands such as Garnier and Lancome said on Tuesday (Jul 29). Analysts had expected a…
Read MoreOil prices rally on US pressure on Russia, trade deal optimism
[NEW YORK] Oil prices gained more than 3 per cent on Tuesday as President Donald Trump ramped up pressure on Russia over its war in Ukraine and on optimism that a trade war between the US and its major trading partners was abating. Brent crude futures settled US$2.47, or 3.53 per cent, higher at US$72.51 a barrel…
Read MoreEurope: Stocks close up; Novo Nordisk logs its biggest daily drop on record
EUROPEAN stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop of the year as Novo Nordisk’s shares slid after the weight-loss drug maker issued a profit warning. The Wegovy producer, once a market darling, logged its biggest one-day drop on record of 23 per cent, wiping…
Read MoreUS: Stocks retreat ahead of Fed decision, big tech earnings
[NEW YORK] Wall Street stocks retreated on Tuesday as markets digested major merger announcements and monitored US-China trade talks ahead of big tech earnings later in the week. Representatives from Beijing and Washington signaled further talks were likely following a round of negotiations in Stockholm. But a top US trade official stressed that President Donald Trump would…
Read MoreKamala Harris’s Mentor Pours Cold Water on Her Gubernatorial Plans | National Review
Willie Brown doesn’t think that the former vice president should seek to make a comeback in California. Source link
Read MoreThe Worst Decision Yet on Funding Planned Parenthood | National Review
The latest decision in the Planned Parenthood case is a sloppy stew of logical fallacies. Source link
Read MorePalmer Luckey’s Anduril leads second quarter surge for venture capital in greater L.A.
Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into the area’s defense tech and aerospace companies amid escalating geopolitical tensions. Costa Mesa-based defense tech company Anduril received the most venture capital in the region last…
Read MoreWho Was Julia Hyman? Cornell Grad and Rudin Employee Killed by Shane Tamura After He Took the Elevator to Wrong Floor During Midtown NYC Shooting
A 27-year-old Cornell graduate was tragically caught in the Park Avenue gunman’s crosshairs, after he mistakenly took the wrong elevator to her employer’s floor, where she crossed paths with the shooter and was shot and killed. Julia Hyman, an employee of Rudin Management—the firm that owns the Midtown skyscraper where Shane Tamura carried out Monday’s…
Read MoreThe Fantastically Daft Meltdown over Sydney Sweeney’s Jeans | National Review
It takes a special kind of hysteric to observe a time-tested marketing formula in action and think: eugenics. Source link
Read MoreEveryone’s Just Going Crazy | National Review
American mass culture has rapidly been replaced by giant buzzing colonies of internet influencers. Source link
Read MoreKaty Perry and Former Canadian Prime Minister Justin Trudeau Spotted on Date, Sparking Romance Rumors as Pair Brushes Off Bitter Splits
Katy Perry sparked romance rumors with former Canadian Prime Minister Justin Trudeau after the two were spotted enjoying an intimate dinner together on Monday, just weeks after her breakup with Orlando Bloom was confirmed. The singer, 40, and Trudeau, 53, were caught on camera sharing a meal at Le Violon, a restaurant in Montreal. According…
Read MoreWho Was Wesley LePatner? Glamorous Blackstone Executive and Mom of Two Identified as One of the Victims of Midtown NYC Shooting
A Blackstone executive was among the four people shot and killed by the gunman who opened fire inside a Midtown office building, the company confirmed on Tuesday. Wesley LePatner, 43, a senior managing director at the investment firm, was shot dead by Shane Tamura, 27, at Blackstone’s New York headquarters at 345 Park Avenue on…
Read More