For two summers during high school, instead of joining her classmates at the beach, Noura Ghazoui had an internship at the town hall of her hometown, Borghetto Santo Spirito, on the Ligurian coast.But when she tried to apply for a job there at age 19, she found herself ineligible because, like hundreds of thousands of children born to immigrants in Italy, she could not get Italian citizenship.“I feel Italian, I think in Italian, I dream in Italian,” Ms. Ghazoui said in Ligurian-accented Italian. “But I am not recognized in my country.”For generations, European countries have used mostly bloodlines to determine…
Author: usaeverydaylife
MicroStrategy’s massive run isn’t over yet, according to Mizuho. The firm initiated the stock with an outperform rating and $515 price target, indicating shares could climb an additional 53.5% from Tuesday’s close. MicroStrategy, often seen as a proxy for the price of bitcoin, benefitted from the postelection bitcoin rally and has surged more than 550% over the past 12 months. The stock, which joined the Nasdaq-100 index in December, is up nearly 16% so far this year. MSTR 1Y mountain MicroStrategy stock performance. The company’s strategy of using proceeds from debt and equity issuance to buy bitcoin, with the goal of…
British Airways Boeing 787-8 Dreamliner aircraft spotted flying on final approach over the roofs of the houses of Myrtle avenue for landing at London Heathrow Airport LHR in the UK.Nurphoto | Nurphoto | Getty ImagesU.K. Finance Minister Rachel Reeves on Wednesday unveiled plans to deliver a shot in the arm for the country’s ailing economy, signaling she backs the long-delayed expansion of one of the world’s busiest airports.In a major growth speech in Oxfordshire, Reeves said that a third runway at London’s Heathrow Airport was “badly needed,” adding it would boost investment, support economic expansion and potentially create create over…
Dutch semiconductor equipment maker ASML expects new low-cost models like the one rolled out by China’s DeepSeek to lead to more — rather than less — demand for AI chips, CEO Christophe Fouquet told CNBC Wednesday.ASML beat estimates on both sales and profit for the fourth quarter and said it had an order backlog of roughly 36 billion euros ($37.4 billion) at the end of 2024. The news prompted a jump in the firm’s shares as investor fears that DeepSeek’s model could cool semiconductor spending ebbed.Without addressing the specifics of DeepSeek’s newly revealed R1 model — which took the tech…
After more than a year of Israeli bombardment in Gaza, there were few blessings left for Talal and Samar al-Najjar to count by the time a cease-fire deal was agreed to this month. Their home was in ruins, they and their children were displaced, and they were staving off hunger.Yet they counted themselves lucky: Their family of seven was intact, something to feel grateful for in the war between Israel and Hamas, which has killed tens of thousands. Many more are likely to be unearthed from the rubble.Then, with only hours until the Palestinian enclave’s 15-month nightmare was set to…
Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31, 2024.CNBCStarbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his former employer Taco Bell while dividing key leadership roles.”As we focus on our ‘Back to Starbucks’ plan, we need a new operating model for our retail team, with clear ownership and accountability and an appropriate scope for each role,” Niccol said in a letter to employees shared on the company’s website.Starbucks announced the move hours before it reported fiscal first-quarter earnings and revenue that…
Nicolai Tangen, CEO of Norges Bank Investment Management, at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Stefan Wermuth | Bloomberg | Getty ImagesNorway’s sovereign wealth fund — the largest of its kind in the world — posted full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday, fueled by a tech rally.Its return on investment came in at 13% for the year, 45 basis points lower than the return on the fund’s benchmark index.Speaking at a press conference on Wednesday, Norges Bank Investment Management (NBIM) Deputy CEO Trond Grande described a “very, very strong year for equities”…
Microsoft CEO Satya Nadella, right, speaks with OpenAI CEO Sam Altman at OpenAI’s Dev Day in San Francisco on Nov. 6, 2023.Hayden Field | CNBCOpenAI CEO Sam Altman suggested on Tuesday that the relationship between his company and Microsoft is going strong.Altman posted a picture with Microsoft CEO Satya Nadella on social media site X, and wrote that the “next phase” of their partnership is “gonna be much better than anyone is ready for!!” Nadella responded to the post, saying he is “looking forward to all that’s ahead!”The alliance between the companies has been riddled with tension of late, and…
A photograph taken on April 23, 2024 shows a view of the new Louis Vuitton luxury shop belonging to French luxury group LVMH Moet Hennessy Louis Vuitton SA, on the Champs Elysee avenue in Paris.Julien De Rosa | Afp | Getty ImagesShares of LVMH dropped 5% on Wednesday after slightly better-than-expected annual results from the world’s largest luxury company threw doubt over a broader recovery in the luxury sector.The owner of brands including Louis Vuitton, Moët & Chandon and Hennessy posted revenues of 84.68 billion euros ($88.27 billion) for 2024, exceeding the 84.38 billion euros forecast by LSEG analysts and equating to…
Many people were feared to have been killed early Wednesday after millions of Hindu pilgrims at the Maha Kumbh Mela, a huge festival in the Indian city of Prayagraj, rushed to bathe in holy river waters on what is considered one of the most auspicious dates in the Hindu calendar.As pilgrims rushed to the confluence of the Ganges and Yamuna rivers, which Hindus consider sacred, thousands of people who were sleeping on the river banks were trampled, safety barricades broke and fences were pulled down, government officials said. Others were trying to escape after bathing, adding to the chaos.Videos and…
