Disney shares jump on positive vaccine news

first_imgShares of Disney were up more than 9% Monday after drugmakers Pfizer and BioNTech reported positive results from their Covid-19 vaccine trial, leading investors to flock back toward travel-heavy stocks.Traders have spent the last several months piling into technology stocks that benefitted from people staying at home, such as Zoom Video and Peloton. But after the pharmaceutical companies announced their vaccine was more than 90% effective in preventing Covid-19 among those without evidence of prior infection, investors seemed to step back from the high-flying names and flocked toward companies that would benefit from the economy reopening.Disney has continued to feel the impact of the Covid-19 pandemic, with its parks and studio entertainment segments suffering steep losses. The pandemic also forced the company to lay off 28,000 employees across its parks, experiences and consumer products division in late September.- Advertisement – – Advertisement – – Advertisement – Disney cast members welcome guests to Magic Kingdom Park at Walt Disney World Resort.(Photo by Kent Phillips/Walt Disney World Resort via Getty Images)center_img The company said in its fiscal third quarter earnings report that it took a $3.5 billion hit to its operating income from parks being closed during the quarter. Revenue for the Parks, Experiences and Products segment, which includes cruises, resorts and merchandise, fell 85% to below $1 billion during the quarter. The company’s studio entertainment revenues also dropped 55% in the quarter to $1.7 billion. The company is set to release its fiscal fourth quarter results Thursday after the bell.Subscribe to CNBC on YouTube. – Advertisement –last_img read more

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Trump’s Refusal to Concede – The New York Times

first_imgWant to get The Morning by email? Here’s the sign-up.Good morning. A president is trying to undo an election result: How would you describe that situation in another country? Let’s try that exercise now. Imagine that a president of another country lost an election and refused to concede defeat. Instead, he lied about the vote count. He then filed lawsuits to have ballots thrown out, put pressure on other officials to back him up and used the power of government to prevent a transition of power from starting.How would you describe this behavior? It’s certainly anti-democratic. It is an attempt to overrule the will of the people, ignore a country’s laws and illegitimately grab political power.President Trump’s efforts will probably fail, but they are unlike anything that living Americans have experienced. “What we have seen in the last week from the president more closely resembles the tactics of the kind of authoritarian leaders we follow,” Michael Abramowitz, the president of Freedom House, which tracks democracy, told The Times. “I never would have imagined seeing something like this in America.” – Advertisement – Can a cult brand survive going corporate?Supreme, a streetwear company, is so popular that fans wait hours in line to buy its gear, like T-shirts stamped with Kate Moss’s face or branded bricks (for show, not construction). The company deliberately restricts the supply of its products, creating hot resale markets. At one point, those bricks were selling for $1,000 on eBay.This week, VF Corporation — which owns brands including the North Face and Vans — announced that it was buying Supreme for $2.1 billion. The deal is another marker of the brand’s success, and the lucrativeness of the streetwear market in general. But it has also left fans and industry analysts wondering: How will Supreme stay cool when it’s part of a giant corporation?Supreme and VF hope that part of the answer involves growth overseas, potentially in countries like China. “Rather than saturate U.S. malls, which would certainly hurt the brand, Supreme and VF Corp. appear to have their sights set on areas where they can expand without much effect on the perceived exclusivity in established markets,” Marc Bain writes at Quartz.Another answer may be that Supreme, which began in 1994 as a single New York storefront geared toward skateboarders, won’t stay cool in the same way — but that nothing does forever. – Advertisement – The two crucial next steps are the certification of state election results and the appointment of Electoral College voters, as Andrew Prokop of Vox explains. Both must happen by mid-December. If Republican officials in some states interfere — say, by trying to appoint electors who ignore the election results and vote for Trump in states he lost — it will be a sign that his attempt to undo the election has reached a more serious stage.Eventually, Republican officials will be forced to make a choice, The Washington Post’s Greg Sargent writes — between breaking with Trump and breaking with democracy. Democracy seems much more likely to prevail, but in a damaged state. “Millions of his supporters,” my colleague Maggie Haberman writes, “will believe what he says.”Max Fisher, another colleague, offered the following on Twitter yesterday: THE LATEST NEWSThe Election Coarsely crushed black peppercorns are key to this beef and cabbage stir-fry. They add a spicy bite to the beef, balanced by a simple rub of garlic, brown sugar and salt.What to ReadHilary Holladay’s “The Power of Adrienne Rich” is the first proper biography of the influential poet. It’s full of fascinating details, from Rich’s beginnings as a child prodigy (she played Mozart on the piano and dictated stories by the age of 4) to her political awakening later in life as a feminist.Late NightThe late-night hosts applauded Biden’s comments that Trump’s refusal to concede was embarrassing.Now time to play “Perhaps this simply marks the end of the inevitable journey that comes to all great disruptive brands that begin life as outsiders. They subvert the status quo only to pique the interest of the dominant players, who absorb their strategies and then go on to absorb the actual source,” The Times’s fashion critic Vanessa Friedman writes. “Fashion is great at that.”PLAY, WATCH, EATWhat to Cook The pangrams from yesterday’s Spelling Bee were grandpop and propaganda. Today’s puzzle is above — or you can play online if you have a Games subscription.Here’s today’s Mini Crossword, and a clue: 180° from NNW (three letters). It is “one of the gravest threats to democracy” the country has faced, Ryan Enos, a Harvard social scientist, wrote yesterday. He added in an email, “The result is crystal clear and, yet, the incumbent is creating ambiguity by baseless claims.”I asked political scientists and historians for analogies, and they offered a few. The ruling party in Mexico probably reversed the true election result in 1988, as did ruling parties in Zimbabwe in 2002, Iran in 2009 and maybe Russia in 1996, Steven Levitsky, a co-author of “How Democracies Die,” told me. The details were different — the fraud sometimes occurred before the results were announced — but all were cases of politicians stealing an election mostly without military force.The closest U.S. comparisons are more than a century old. The Federalist Party considered depriving Thomas Jefferson of the presidency in 1800 and used the courts to weaken him. During Reconstruction, parts of the South overturned election results, sometimes through violence. And of course multiple states responded to Abraham Lincoln’s 1860 victory by seceding from the union. (Thomas Edsall’s latest Times column has more details on each of these.)- Advertisement – What happens next? Republican officials seem to be trying to finesse the situation. They want to avoid angering Trump, who remains popular with Republican voters, as Liam Donovan, a party strategist, notes. That helps explain why most Republican officials have refused to recognize Joe Biden as the president-elect and have made vaguely supportive comments about Trump’s false claims.But this support seems halfhearted. Few Republicans are taking their own steps to reverse the election result. Thanks for spending part of your morning with The Times. See you tomorrow. — DavidA correction: On Tuesday, we misstated Emily Harrington’s achievement in Yosemite National Park. She was the first woman to free-climb El Capitan’s Golden Gate route in less than 24 hours. The first woman to free-climb the mountain so quickly was Lynn Hill, in 1994.P.S. The Times has named Anton Troianovski its next Moscow bureau chief, one of the most storied posts for foreign correspondents.You can see today’s print front page here. Today’s episode of “The Daily” is about the race to develop a coronavirus vaccine. On the latest “Modern Love” podcast, the secrets that can end relationships.Melina Delkic, Claire Moses, Ian Prasad Philbrick and Sanam Yar contributed to The Morning. You can reach the team at themorning@nytimes.com.Sign up here to get this newsletter in your inbox. Snout Science: Researchers have developed facial recognition for bears, identifying them through features including their eyes, nose tip and ears. Ecologists hope the technology will help them keep track of the size and activity of bear populations.From Opinion: It’s time for the N.C.A.A. to pay college athletes, argues John Thompson Jr., Georgetown University’s former basketball coach, in an excerpt from his posthumous autobiography.Lives Lived: David Toole learned to dance expressively long after his legs were amputated. He performed with various troupes and achieved global renown as a featured dancer in the opening ceremony of the 2012 Paralympic Games in London. He died at 56. A thought experimentThe political scientist Brendan Nyhan has often responded to events during the Trump presidency by asking a question: What would you say if you saw it in another country?- Advertisement –last_img read more

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Trump refusing to leave looks less likely, reassuring markets

first_img“I think that we’ve got a situation where, maybe, there’s a little more certainty,” Cramer said on “Squawk on the Street,” as stocks rose Friday morning during a volatile week of trading. “The idea that the president would vacate the White House is going to make it so that we feel that there won’t be something that is such a wild card that we can’t even bear to think about.”Trump has refused to concede the election to Biden, despite media organizations, including NBC News, projecting the Democratic former vice president as the winner. Trump’s campaign has filed numerous lawsuits in states such as Pennsylvania related to the voting process or vote counting.Trump has falsely claimed he actually won the race, suggesting his projected loss is due to “illegal votes.” And on Thursday, he tweeted about a right-wing conspiracy theory that alleges millions of ballots cast for him had been deleted and hundreds of thousands were switched from Trump to Biden.- Advertisement – CNBC’s Jim Cramer said Friday that investors should feel more confident that an orderly transition of power from President Donald Trump to President-elect Joe Biden should occur — suggesting a “black swan” event of Trump refusing to leave the White House, despite losing a democratic election, appears unlikely.Cramer pointed to a number of developments that took place Thursday, including Biden’s projected victory in Arizona, according to NBC News, and an authoritative statement on election integrity released by a group of government agencies.- Advertisement – “While we know there are many unfounded claims and opportunities for misinformation about the process of our elections, we can assure you we have the utmost confidence in the security and integrity of our elections, and you should too,” read the statement from the Election Infrastructure Government Coordinating Council. “When you have questions, turn to elections officials as trusted voices as they administer elections.”Trump responded in a tweet Friday, with the tagline, “Rigged Election!” Twitter labeled it as disputed.- Advertisement – Following Trump’s baseless allegations, a coalition of government security agencies put out a declarative statement later Thursday that said, in bold text: “There is no evidence that any voting system deleted or lost votes, changed votes, or was in any way compromised.”center_img Cramer said the government statement indicated that despite Trump’s claims about the election being compromised, “There is a security apparatus that has spoken up.”“I think that took the ‘black swan’ off the table,” the “Mad Money” host said, a reference to so-called “black swan” events, which are highly improbable but can have severe consequences if they do happen.Cramer also said he believes Trump’s tweet on Thursday about a decline in ratings for Fox News was an indication that Trump’s mind may be focused on a post-presidency endeavor. Axios recently reported that Trump is considering launching a digital media company to rival the conservative cable network.Taken collectively, Cramer said, these three developments around a peaceful, democratic transition of power should be viewed positively by investors. Instead of worrying about presidential uncertainty, Cramer said, Wall Street is able to focus on the U.S. coronavirus outbreak and corporate earnings. “The idea of vacating the White House is becoming increasingly on the table,” he said. – Advertisement –last_img read more

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Bluesun Hotels will manage the Velaris resort in Supetar

first_imgAfter announcing the joint venture of its Sunce concern and the German TUI, the world’s largest tour operator, which entered the co-ownership of a Croatian hotel for the first time, the Hotel Jadran in Tučepi, Jake Andabaka announced that TUI and Bluesun hotels through their joint company Punta Zlatarac Tucepi bought 32 hectares of land on Brac.These are the famous bays of Tiha and Stiniva near Sutivan, where they plan to build a luxury hotel complex with two to three hotels of the highest category. Land buyers cite the possibility of building up to three hotels, several villas and a facility to accommodate workers.In addition, the company Hoteli Zlatni Rat from Bol on Brač, which is a member of the Jake Andabaka concern, leased the settlement in a top location in the island’s capital – Supetar, for five years. These are the Velaris resort, the former Pliva resort, which includes the 4 * Hotel Amor, the 4 * Villa Vela Luka and two 3 * pavilions, with a total capacity of 172 rooms.Photo: Velaris Resort”This project will bring additional value to our existing operations on the island of Brac, all through the company Hotels Zlatni rat” stands in the statement of the Sun concern. Andabak has been present in Bol with its hotels for a long time, and the expansion of capacity and strengthening the position on the domestic tourist market will certainly contribute to its ownership of Brac Airport.Related news: EXCELLENT COOPERATION! PRIMA FURNITURE EQUIPPED BLUESUN 5-STAR HOTELSlast_img read more

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Ronald Korotaj left the Blue Lagoon

first_imgRonald Korotaj has not been a member of the Blue Lagoon Management since the first day of the year, he writes Lider. “For me, next year will be the first outside of large organized systems. After almost 20 years of work in a corporate environment, most of which within the Blue Lagoon system, from 01.01.2019. I am opening a new page, and at the same time my own law office ” he told the Leader, Korotaj leaving the Blue Lagoon. He spent a little over a year in the Management Board of the tourist company that is part of the Lukšić Group, after which he decided to change his career. According to the announcements, Korotaj is coming out of ‘large organized systems’ and opening its own law office.center_img Plava laguna is a joint stock company within the Lukšić group registered for catering and tourism with its headquarters in Poreč. The hotel company headed by Neven Staver is a company with a total book value of assets of approximately HRK 3 billion, and annually employs over 3000 people.last_img read more

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Booking.com launches the BookingSuite App Store. Game changer in the tourism sector

first_imgAccording to a recent survey conducted by Booking.com, almost half (47%) of global travelers want technology to evolve faster to help them improve their travel experience. Moreover, when it comes to specific innovations, again almost half of travelers (47%) are excited about the possibility of new services, such as keyless access to accommodation, becoming a trend in 2019.  The BookingSuite App Store offers personalized recommendations for Booking.com partner accommodation, which include products and services designed to enhance the in-house user experience, including software solutions for communicating with guests, selling additional services and promotional offers, and options for online guest registration.  The BookingSuite App Store is currently available to Booking.com partners and software solution providers for the tourism sector in Austria, Belgium, Croatia, France, Germany, Greece, Ireland, Italy, the Netherlands, Poland, Portugal, Spain, Switzerland and the United Kingdom. During 2019, the BookingSuite App Store will be launched in more countries in Europe, Asia, Oceania and the Americas. Booking.com has announced the launch of a new BookingSuite App Store, which presents carefully selected software solutions from leading software companies in the tourism sector, through which Booking.com partners or renters can find relevant software solutions for their accommodation facility to facilitate and accelerate their business. .  ECOBNB – ENVIRONMENTAL PLATFORM FULLY DEDICATED TO STAYING IN AUTHENTIC ECO-FRIENDLY FACILITIES, FROM NOW IN CROATIA Despite this growing interest, among small and medium-sized hotels that currently apply technological solutions in their facility, only 27% use technological solutions related to guest experiences during their stay, and only 11% offer the possibility to enter the facility without a key. It was only a matter of time before Booking.com would learn more strongly and much more deeply into the whole story, without dwelling only on the service or role of the booking portal. Certainly, Booking.com, as one of the leading digital accommodation booking platforms in the world and a leader in digital technology, will offer among the best software solutions through its new platform, thus using its media power and large network of partners. For those solutions that are within the BookingSuite App Store, this is great news because it will certainly have a great competitive advantage over the competition. Technology and tourism have always gone hand in hand, and as technology develops rapidly, so is tourism among the first industries to implement them. It was Booking.com that introduced a new technological solution, a move that boldly entered the technology applications sector for the tourism sector, and which certainly falls into the category game changer in the tourism sector. For more information, Booking.com partners can visit App Store section on the BookingSuite page. RELATED NEWS: JOIN THE ECO DOMUS ECO FRIENDLY ACCOMMODATION CERTIFICATION PROGRAM 5TH FAMILY ACCOMMODATION FORUM (FOS) ANNOUNCED “Our overall goal at Booking.com is to make the entire travel experience, whether you are an accommodation provider or a traveler, as simple and intuitive as possible. As with all products we have developed through BookingSuite, the main purpose of the App Store is to make it easier for partners to quickly find and implement software solutions ideal for their facility to easily manage, optimize and ultimately grow their online business. In short, we take care of the technology side so that they can dedicate themselves to the guests and provide an unforgettable user experience. ” pointed out Pepijn Rijvers, senior vice president at Booking.com. On the other hand, the BookingSuite App Store will eventually position itself as the Apple App Store, which revolutionized and totally changed the entire industry, and thus take precedence over software solutions in the tourism sector. last_img read more

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Zagreb Airport presented a new visual identity and slogan

first_imgCover photo: Josip Škof / MZLA The new visual identity contains elements / symbols of the city of Zagreb and recognizable views and geometric structures of the roof network of the interior and exterior of the passenger terminal. “As the network structure within the terminal has a triangle in its base, the new logo through the network shows the IATA code of the airport (ZAG)” explain from MZLA. New slogan “Choose your path” Guided by global communication trends, according to which airports promote the destination through a visual identity, Zagreb International Airport (MZLZ) will start using the new logo on April 1, 2019, reports MZL. A new slogan of the airport (“Choose your route”) was chosen, which is associated with numerous possibilities, destinations and freedom of choice. Depending on the medium or destination, the slogan can be adjusted to more precisely define the choice, ie the path to the destination or feeling, they conclude from MZLA. Source: MZLZ – Illustration: HrTurizam.hr Remark: This week the airports announced a summer flight schedule. More attached.last_img read more

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VINUM.IN is a new domestic magazine dedicated to wine and oenology

first_imgSource / photo: VINUM.IN Temu broja – rajnski rizling – predstavio je Ivo Kozarčanin, Tomislav Radić je čitateljima pripremio tekst o kraljevini, a Željko Suhadolnik prenio je čitateljima svoje bogato iskustvo vinskih putovanja po inozemstvu. Marija Vukelić je u rubrici „Vino na visokoj peti”  ugostila enologinju Evu Krištof  te intervjuirala Željka Suhadolnika u rubrici „Razgovor s vinom o vinu“.  Ivana Erhardt Draganić kroz rubriku „Vinska mušica“ predstavila je vina Slavonije i Baranje, dok je Nina Levičnik prikazala vinsku arhitekturu na primjeru jedne hrvatske vinarije, a Domagoj Jakopović Ribafish ispričao je kako nastaje bajkovito vino Potribica vinarije Boškinac. Moderni dizajn časopisa najbolji je pokazatelj smjera u kojem se ide, a za fotografije pobrinuo se urednik fotografije Julio Frangen. Editor Dijana Grgić explained to us how she came up with the idea of ​​relaunching a magazine dedicated to oenology and wine-related topics. “Back in 2013, I worked for VINUM.IN magazine in the marketing department, but after a while the magazine stopped publishing and I went the other way. Yet that love for the wine and media world has always remained present in me. A year ago, I realized that Croatia has a rich wine scene, but no wine magazine. The idea was to have a print edition of the magazine, something that people would be able to pick up and read, collect all the copies and come back to them after a while. Wine can be written about in a variety of forms and we can relate it to a lot of things, and that gives the magazine breadth and variety. When desires, ideas and a good team come together then it is easy to come up with a good product. From the first reactions, I see that we have made the step that the wine scene neededShe said. VINUM.IN will be published quarterly, and its goal is to show wine through various forms. Already in the first issue, wine was associated with architecture, poetry and cakes. In addition to the Croatian wine scene, which was represented by a trip through continental Croatia, Dalmatia and the islands, the wine scene was peeked at by neighbors from Serbia, and Matija Lesković traveled to distant South Africa. A different, interesting and educational magazine will find its place in newsstands from the next issue in order to be available to all wine lovers. The first issue, as a special edition, is distributed by sending a free copy to the addresses of winemakers, restaurants, wine bars, wine shops, hotels, wine associations and many wine lovers. A web edition is expected soon, where the magazine will be available online, and the web itself will be in the form of a wine portal on which current events between the two issues will be followed. center_img U zagrebačkom restoranuFino&Vino predstavljen je novi časopis o vinu, VINUM.IN.  Na svečanoj promociji glavna urednica DijanaGrgić predstavila je svoje suradnike, vinare i koncept časopisa.   Grgić believes that tourists love indigenous products, including Croatian wines, and that it is up to us to introduce them to wine roads and tasting rooms during their stay in Croatia. “Certainly much more can be done in this field. Croatia is rich in that sense. We have great wineries to be promoted, and wine roads should become something we will be especially proud of. We still have room to work in this field, but there has certainly been a shift in recent yearsShe added. In order to further promote Croatian mono-tourism, the plan is to publish an online edition of the magazine in English. “Croatia can invest much more in single tourism, and there is great potential for attracting tourists. We are thinking in that direction and we plan to have an online edition of the magazine in English, so that the Croatian wine scene becomes part of the plan for tourists coming to Croatia. Recommendations for guests will be available on our website, all with the aim of further developing single tourism”, Concluded Grgić.last_img read more

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Synergy: Tourist boards from the area of ​​the Crikvenica-Vinodol Riviera are merging

first_imgThe agreement will be signed by the presidents of three tourist boards, leaders of cities and municipalities of the Crikvenica-Vinodol Riviera: the mayor of Crikvenica Damir Rukavina, the mayor of Novi Vinodolski Velimir Piškulić and the mayor of Vinodol Marijan Karlić. The said agreement will regulate the manner of cooperation with the aim of joint implementation of activities aimed at uniting tourist communities. Among other things, the obligations of the signatories of the Agreement will be planning and coordination of joint activities (meetings, workshops, other operational activities). The Crikvenica-Vinodol Riviera Tourist Board has been successfully cooperating for years in a number of projects and activities, such as designing and publishing joint thematic promotional materials (image brochures, maps of cycling and hiking trails and promenades, brochures for camps and outdoor tourism of the subregion). and launching a tourist card project. The agreement is a continuation of the activities of connection and association, and stems from the joint strategy of tourism development of the Crikvenica-Vinodol Riviera for the next ten years. Merging a priori does not necessarily mean closing down certain tourist boards, it is again a strategic decision, but the most important thing is that there is a defined tourism brand to the market, a development strategy, promotional and communication platform, and synergy through integrated tourism products. Yet things are moving from a standstill. Little by little, they finally, at least some destinations, realized they had to come together and brand the regions. It is the only logical, natural and business move in every respect, and on the other hand the resistance to synergy and adherence to the status quo is only a path to stagnation. It is simply a market demand, and those who deal with market development will grow and develop. center_img Thus, on Friday, a new merger of tourist destinations will take place and an agreement on cooperation between tourist boards of cities and municipalities from the area of ​​the Crikvenica-Vinodol Riviera will be signed. Of course, one is the form, and something is the content and market development, but this is certainly the first step towards strategic development.last_img read more

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