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Antitrust: Commission sends Statement of Objections to Pierre Cardin and its licensee Ahlers over distribution and licensing practices for clothing

Published Wed, 26 Feb 2025 19:05:17 GMT

The European Commission has informed Pierre Cardin and its licensee Ahlers of its preliminary view that the companies may have breached EU antitrust rules by restricting cross-border sales of Pierre Cardin-licensed clothing, as well as sales of such products to specific customers.The Commission has concerns that, for more than a decade, Pierre Cardin and Ahlers entered into anticompetitive agreements and coordinated to restrict the ability of other Pierre Cardin licensees and their customers to sell Pierre Cardin-licensed clothing, both offline and online: (a) into Ahlers' EEA licensed territories; and/or (b) to low-price retailers (such as discounters) offering lower prices to consumers in such territories.The Commission preliminarily found that the ultimate objective of such coordination between Pierre Cardin and Ahlers was to ensure Ahlers' absolute territorial protection in the countries covered by its licensing agreements with Pierre Cardin in the EEA.If the Commission's prelim...

Single-family home sells for $1.8 million in Fremont

Published Wed, 26 Feb 2025 19:05:17 GMT

2857 Washington Boulevard – Google Street ViewThe property located in the 2800 block of Washington Boulevard in Fremont was sold on June 5, 2023 for $1,800,000, or $1,297 per square foot. The house, built in 1951, has an interior space of 1,388 square feet. The layout of this single-story house includes three bedrooms and two baths. Additionally, the home provides a garage. The lot of the property is substantial, measuring 9,380 square feet.These nearby houses have also recently changed hands:In December 2022, a 1,888-square-foot home on Washington Boulevard in Fremont sold for $1,600,000, a price per square foot of $847. The home has 2 bedrooms and 2 bathrooms.A 1,050-square-foot home on the 41500 block of Beatrice Street in Fremont sold in October 2022, for $1,780,000, a price per square foot of $1,695. The home has 3 bedrooms and 2 bathrooms.On Bruce Drive, Fremont, in May 2023, a 1,920-square-foot home was sold for $2,100,000, a price per square foot of $1,094. The home has 3 be...

Bridge: Aug. 2, 2023

Published Wed, 26 Feb 2025 19:05:17 GMT

Wednesday, August 2. It was warm in Los Angeles. We were working the Daywatch out of Bunco. The boss is Capt. Stewart. My partner’s Bill Gannon. He’s a good player. My name’s Friday.We got a call about a scam at a Hollywood club. We checked it out. The suspect was still playing. One of his opponents spoke with us.“It was terrible, officer.”“Just the facts, ma’am.”“That man sitting West swindled us out of a slam. At six spades, my partner took the king of diamonds and led a trump to her jack — and West played low without a hitch.”SECOND TRUMPSouth went back to dummy and led a second trump to her ten, and this time West won and returned a trump. South could win only 11 tricks. If West wins the first trump, South can set up her fifth club with two ruffs in dummy.“He’s a con artist. Cuff him!”We let West off. South mismanaged the trumps. She should not try a second finesse but must take the ace and set u...

Horoscopes Aug. 2, 2023: Sam Worthington, navigate your way to victory

Published Wed, 26 Feb 2025 19:05:17 GMT

CELEBRITIES BORN ON THIS DAY: Hallie Eisenberg, 31; Sam Worthington, 47; Kevin Smith, 53; Mary-Louise Parker, 59.Happy Birthday: Concentrate on what’s important to you. Don’t get lost in the chaos or believe everything you hear. Pay attention to detail, and follow the paper trail to ensure you know who and what you are dealing with emotionally, financially and legally. Leave nothing to chance, and you can navigate your way to victory. Look for consistency when dealing with others, and get promises in writing. Your numbers are 5, 13, 21, 29, 35, 46, 49.ARIES (March 21-April 19): Venture down a path that motivates you to initiate positive changes. Don’t settle for less than what you want. Handpick the people you want on your team and forge ahead with enthusiasm. Life is about the decisions you make. Make romance a priority. 3 starsTAURUS (April 20-May 20): Emotional situations will set you off and cost you time and money. Take a step back, consider matters and make y...

Niger Mutiny: Another U.S.-Trained Military Officer Led Coup

Published Wed, 26 Feb 2025 19:05:17 GMT

Troops from Niger ousted the country’s democratically elected president, Mohamed Bazoum, last week. One of the coup leaders had previously received training from the U.S. government, becoming the 11th coup in the region led by U.S.-trained officers. This week on Intercepted, Nick Turse, investigative journalist and contributing writer with The Intercept, joins Jeremy Scahill and Murtaza Hussain to discuss the unfolding events in Niger and the Sahel region. Turse outlines how Africa has seen elevated conflict and instability as the U.S. has increased its military involvement on the continent over the last two decades.Transcript coming soon.The post Niger Mutiny: Another U.S.-Trained Military Officer Led Coup appeared first on The Intercept.

CVS Health: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 19:05:17 GMT

WOONSOCKET, R.I. (AP) — WOONSOCKET, R.I. (AP) — CVS Health Corporation (CVS) on Wednesday reported second-quarter profit of $1.9 billion.The Woonsocket, Rhode Island-based company said it had net income of $1.48 per share. Earnings, adjusted for one-time gains and costs, came to $2.21 per share.The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $2.12 per share.The drugstore chain and pharmacy benefits manager posted revenue of $88.92 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $86.74 billion.CVS Health expects full-year earnings in the range of $8.50 to $8.70 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVS at https://www.zacks.com/ap/CVSSource

Xenia Hotels & Resorts: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 19:05:17 GMT

ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — Xenia Hotels & Resorts Inc. (XHR) on Wednesday reported a key measure of profitability in its second quarter. The results matched Wall Street expectations.The Orlando, Florida-based real estate investment trust said it had funds from operations of $52.2 million, or 47 cents per share, in the period.The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 47 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $13.8 million, or 12 cents per share.The real estate investment trust that owns hotels, based in Orlando, Florida, posted revenue of $271.1 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $274.9 million.Xenia Hotels & Resorts expects full-year funds from operations in the range of $...

Emerald Holding: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 19:05:17 GMT

NEW YORK (AP) — NEW YORK (AP) — Emerald Holding, Inc. (EEX) on Wednesday reported a loss of $8.1 million in its second quarter.On a per-share basis, the New York-based company said it had a loss of 29 cents.The company posted revenue of $86.5 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EEX at https://www.zacks.com/ap/EEXSource

China reemplaza liderazgo nuclear del ejército en sorpresiva reorganización militar

Published Wed, 26 Feb 2025 19:05:17 GMT

(CNN) — China ha revelado a dos nuevos líderes de su Fuerza de Cohetes del Ejército Popular de Liberación esta semana en una reorganización sorpresiva que genera dudas sobre el funcionamiento interno en el estamento superior de la rama militar que supervisa el poderoso arsenal de misiles balísticos y nucleares de la nación.Los medios estatales nombraron este lunes a Wang Houbin como comandante de la Fuerza de Cohetes y a Xu Xisheng como comisario político de esta fuerza, en un informe que destaca su ascenso al rango de general por parte del líder chino Xi Jinping.Los medios estatales aún no han publicado ninguna información sobre el anterior jefe Li Yuchao, un veterano de la fuerza que solo se desempeñó como comandante desde principios del año pasado, un mandato comparativamente corto, o sobre el anterior comisario Xu Zhongbo.El reemplazo al mismo tiempo de dos figuras principales en la Fuerza de Cohetes con figuras militares de fuera de la rama es un movimiento inusual, dicen...

Capstone: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 19:05:17 GMT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Capstone Copper Corp. (CSFFF) on Wednesday reported a loss of $36.5 million in its second quarter.The Vancouver, British Columbia-based company said it had a loss of 5 cents per share. Losses, adjusted for non-recurring costs, came to 2 cents per share.The base metals mining company posted revenue of $333.9 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSFFF at https://www.zacks.com/ap/CSFFFSource