Roberto Cavalli, Designer Who Celebrated Excess, Dies at 83
Business

Roberto Cavalli, Designer Who Celebrated Excess, Dies at 83

Related media - Related media Roberto Cavalli, the Italian-born fashion designer who celebrated glamour and excess, sending models down the runway and actresses onto red carpets wearing leopard-print dresses, bejeweled distressed jeans, satin corsets and other unapologetically flashy clothes, has died. He was 83. His company announced the death on Instagram but provided no details. Mr. Cavalli’s signature style — “molto sexy, molto animal print and molto, molto Italiano,” as the British newspaper The Independent once described it — remained essentially unchanged throughout his long career. But he skillfully reinvented his clothes for different eras, enjoying several renaissances and building a global lifestyle brand in the process. In the 1970s, Mr. Cavalli designed jackets, jeans an...
Audemars Piguet’s New C.E.O. Wasn’t an Obvious Choice
Business

Audemars Piguet’s New C.E.O. Wasn’t an Obvious Choice

Linked media - Connected media Innovation — especially in the form of ambitious building projects — has been a running theme at the brand for the past few years. In 2020 in Le Brassus, it opened a museum, the Musée Atelier Audemars Piguet, designed by the Danish architect Bjarke Ingels. A year later, it completed a manufacturing site in Le Locle, another village about a 90-minute drive northeast of Le Brassus. A former Renaud & Papi workshop, the Manufacture des Saignoles now specializes in the brand’s most complicated timepieces. In 2022, the brand opened a luxury hotel, Hôtel des Horlogers, also designed by Mr. Ingels, in a space adjacent to the museum and factory in Le Brassus. And in late 2023, it began construction of a new industrial building in Meyrin, on the outskirts of ...
Pat Zachry, Pitcher Known for a Lopsided Trade, Dies at 71
Sports

Pat Zachry, Pitcher Known for a Lopsided Trade, Dies at 71

Linked media - Related media Pat Zachry, who was a co-winner of the National League Rookie of the Year award in 1976, but who is probably best known for being one of the players traded to the New York Mets a year later for Tom Seaver, died on Thursday at the home of his son, Josh, in Austin, Texas. He was 71. Jay Horwitz, a spokesman for the Mets, announced the death. He did not specify the cause, saying only that Zachry died after a long illness. Zachry, a 6-foot-5 right-hander, began his career with the Reds in 1976 and got off to a promising start. He went 14-7 with a 2.74 earned run average in his first season and tied the San Diego Padres pitcher Butch Metzger for Rookie of the Year. He beat the Philadelphia Phillies in Game 2 of the National League Championship Series and the ...
Auto Insurance Spike Hampers the Inflation Fight
Business

Auto Insurance Spike Hampers the Inflation Fight

Linked media - Associated media Job growth, wage growth and business growth are all lively, and inflation has steeply fallen from its 2022 highs. But consumer sentiment, while improving, is still sour. One reason may be sticker shock from some highly visible prices — even as overall inflation has calmed. The cost of car insurance is a key example. Motor vehicle insurance rose 1.4 percent on a monthly basis in January alone and has risen 20.6 percent over the past year, the largest jump since 1976. It has been a huge hit for those driving the roughly 272 million private and commercial vehicles registered in the country. And it has played a part in dampening the “mission accomplished” mood on inflation that was bubbling up in markets at the beginning of the year. According to a recent...
Boeing Faces Justice Dept. Review Over Max 9 Incident
Business

Boeing Faces Justice Dept. Review Over Max 9 Incident

Linked media - Connected media The Justice Department review was reported earlier by Bloomberg. The episode in January reignited the intense scrutiny and criticism that Boeing faced after crashes in Indonesia in late 2018 and Ethiopia in early 2019 killed a combined 346 people. The Max 8 and Max 9 were banned from flying globally days after the second crash. Since the jetliners started flying again in late 2020, they have carried out several million flights worldwide. The weight of the crisis appeared to be lifting before the January incident. A preliminary report from the National Transportation Safety Board suggested that the plane in that episode may have left Boeing’s factory without bolts needed to secure the panel. The Federal Aviation Administration immediately grounded nearly...
Ficohsa Commits to Increasing SME Loan Portfolio, with a Focus on Women-led Businesses and Enhancing Financial Inclusion
Finanzas

Ficohsa Commits to Increasing SME Loan Portfolio, with a Focus on Women-led Businesses and Enhancing Financial Inclusion

Ficohsa, under the leadership of Camilo Atala, has restated its dedication to growing its SME loan portfolio to $910 million over the next five years. The company will prioritize the advancement of businesses led by women by providing them with preferential lending options, insurance, and financial education. Since joining the Partnership for Central America (PCA) in July 2023, Ficohsa has already increased its SME loan portfolio by $60 million in Honduras, which has benefitted 8,500 newly established ventures.At Monday's semi-annual PCA Call to Action event with U.S. Vice President Harris, the significance of financial inclusion for the long-term progress of Central America was emphasized. Ficohsa's efforts in this field were highlighted during the event, showcasing their commitment to ex...
A’s Will Finally Turn Out the Lights on Pro Sports in Oakland
Sports

A’s Will Finally Turn Out the Lights on Pro Sports in Oakland

Related media - Related media Still, the Athletics continued to be competitive, reinventing themselves by shrewdly using data to assess undervalued skills, a process that became known as “Moneyball,” after the best-selling book. The A’s have not reached the World Series since 1990, but they’ve been in the playoffs 11 times since 2000 — more than the Mets and the San Francisco Giants, and just as often as the Boston Red Sox. Attendance had lingered in the lower third, though drum-pounding fans in right field causing a nightly ruckus added a degree of atmosphere. But when the team began its latest tear down, trading away its best players for prospects rather than paying their accelerating salaries, fans finally had enough of John Fisher, the owner, who before last season had raised tic...
FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues
Business

FAA Gives Boeing 90 Days to Develop Plan to Address Quality-Control Issues

Associated media - Related media The meeting on Tuesday, which took place at the F.A.A.’s headquarters in Washington, came two weeks after Mr. Whitaker toured Boeing’s 737 plant in Renton, Wash. During his visit, Mr. Whitaker spoke with Boeing engineers and mechanics to try to get a better sense of the safety culture at the factory. The F.A.A. said after his visit that Mr. Whitaker planned to discuss what he saw during his visit when he met with Boeing executives in Washington. On Monday, the F.A.A. released a report by a panel of experts that found that Boeing’s safety culture remained flawed, despite improvements made after fatal 737 Max 8 crashes in 2018 and 2019. The report, which was mandated by Congress, had been in the works before the harrowing episode in January involving th...
Some Things Are More Important Than History
Sports

Some Things Are More Important Than History

Associated media - Connected media He didn’t care that it was a no-hitter. He just wanted the Yankees to win. More than five hours after we arrived at Yankee Stadium, my 9-year-old son, Wes, had waited in line for an hour in a rainstorm, collected his coveted (replica) 1998 Yankees World Series ring, talked me into buying him a T-shirt, visited the Gluten Free Grill twice, mourned the season-ending injury to Jasson Domínguez, cheered Aaron Judge so loudly that his voice was getting hoarse and brushed off every single mention I made that Corbin Burnes, the starter for the Milwaukee Brewers, was throwing an incredible game. While the rain delayed Sunday’s game between Milwaukee and the Yankees only 15 minutes, the soggy conditions persisted through the early innings and Burnes, the win...
Divisions Among Finance Ministers Flare Over Seizing Russian Assets
Business

Divisions Among Finance Ministers Flare Over Seizing Russian Assets

Associated media - Related media “While we should act together and in a considered way, I believe there is a strong international law, economic, and moral case for moving forward,” Ms. Yellen said. But Mr. LeMaire, who spoke just a few hours ahead of a private meeting with Ms. Yellen, pushed back on that assertion. “We don’t have the legal basis to seize the Russian assets and we should never act if we don’t obey by the international law and by the rule of law,” Mr. Le Maire said, according to a recording of his remarks. Western officials have been considering several options for how they can use the approximately $300 billion Russian central bank assets, most of which is held in the European Union, to provide economic and military support for Ukraine. That includes the European Comm...