Tudor Chirila Jr., 77, was being held Thursday in the Washoe County Jail without bail on a charge of being a fugitive from another state.
In a criminal complaint accusing Chirila of second-degree murder, Honolulu police said DNA evidence linked him to the fatal stabbing of 19-year-old Nancy Anderson.
The Honolulu Star-Advertiser first reported that Chirila was arrested Wednesday - five decades after police say he stabbed the teen more than 60 times and left her body in her Waikiki apartment on January 7, 1972.
Anderson had moved to Hawaii in October 1971 and was working at a McDonald's restaurant after graduating from high school the year before in Bay City, Michigan, the newspaper said.
GENEVA, Sept 16 (Reuters) - Faced with a record $32 billion shortfall in humanitarian aid funding, the United Nations is dipping deep into its emergency fund to support critical programmes in 11 countries including Myanmar and Mali.
FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought on by drop-off in its global package delivery business.
The company based in Memphis, Tennessee, warned it will likely miss Wall Street's profit target for its fiscal first quarter that ended Aug. 31. And it said it expects business conditions to further weaken in the current quarter amid weaker global volume.
Its stock fell more than 20% in after-hours trading following the announcement.
"Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.," FedEx CEO Raj Subramaniam said in a statement. "We are swiftly addressing these headwinds, but given the speed at which conditions shifted, first-quarter results are below our expectations."
The company's FedEx Express business was particularly hurt by challenges in Europe and weaker economic trends in Asia, which led to a roughly $500 million revenue shortfall for the segment. FedEx Ground revenue, meanwhile, came in about $300 million below the company's forecasts.
High operating expenses were also a drag on the company's results, FedEx said. In response, it said it will cut costs by closing over 90 FedEx Office locations and five corporate offices, deferring new hires and operating fewer flights.
The company scrapped its forecast for its earnings in its current fiscal year that it had issued less than three months ago. For the three months ended Aug. 31, FedEx now projects adjusted earnings per share of $3.44 and $23.2 billion in revenue. That's below analysts' consensus forecast of $5.14 adjusted earnings per share and $23.6 billion in revenue, according to FactSet.
Stocks continue swoon
News of FedEx's poor results appeared to spook investors, denting overseas markets and sending U.S. stock futures sharply lower. The S&P 500 index was down nearly 1% ahead of the start of trade on Friday. Dow and Nasdaq futures were down 0.8% and 1% respectively.
LONDON, Sept 16 (Reuters) - From an all-black opening look to models holding a picture of Queen Elizabeth, London Fashion Week began with tributes to the late monarch as fashionistas paid their respects during the period of national mourning.
Organisers announced last week that London Fashion Week would go ahead as a "business-to-business event" while observing royal protocol and holding tributes for the 96-year-old queen who died on Sept. 8.
Parties have been postponed and Monday's shows, the day of the queen's state funeral, have been rescheduled.
While bigger brands such as Burberry and Raf Simons, among the most-anticipated highlights this season, pulled out of the Sept 16-20 event, for smaller labels doing so is tricker.
"So the shows and presentations, which is the business to business part, where the designers show their collections to international media, retailers, stylists... (is) part of a global fashion calendar. It can't be moved," Caroline Rush, chief executive of the British Fashion Council, told Reuters.
"London is a platform for incredible creative businesses, many independent businesses and they've already committed spend. So we need to make sure that we're supporting them to be able to continue."
Among the tributes planned is a book of condolences from the fashion industry to be shared with the royal household and fashionistas will join in a national moment of reflection - a one minute silence - on Sunday evening at 8pm (1900 GMT) ahead of the Christopher Kane show.
On Thursday evening, designer Daniel W. Fletcher held a minute's silence before sending out his first model in a black suit and a black armband.
"I thought as we are opening the event it was important to mark that moment," Fletcher told London newspaper the Evening Standard.
Two reality TV series stars that CheezIts describes as having similar characteristics to the snack — "often absurd, sometimes salty, always satisfying" — will grace the front of Cheez-It Reality TV Collector’s "Cheddition" boxes available starting today on CheezItHQ.com.
The boxes will feature Nicole “Snooki” Polizzi of "Jersey Shore" fame and RuPaul of "RuPaul's Drag Race."
A limited quantity will be made available for pre-sale today at 8 a.m. An additional limited number of boxes will be released at noon each day from Monday, Sept. 19 through Friday, Sept. 23.
“As a brand with ‘real’ at the core of its product, it was important for Cheez-It to highlight stars who truly embody what it means to be real," said Erin Storm, senior marketing director of Cheez-It, a Kellogg (NYSE: K) product.
Restaurant veteran joins Long John Silver's
Long John Silver’s has added Dawn Polizzotti as senior vice president of digital.
Prior to joining Long John Silver’s, Polizzotti served in marketing leadership roles at restaurants including Shoney’s, Captain D’s and Burger King.
She drove digital sales through third-party delivery and catering at Shoney’s and was instrumental in the development of marketing initiatives that drove annual same-store sales growth at Captain D’s. Polizzotti also has extensive experience in new product development, having led the teams who created, tested and launched Chicken Fries and the TenderCrisp Chicken Sandwiches at Burger King.
Pizza inspired...by space?
Have you ever thought: "I wonder what space tastes like?"
No? Well, that's probably normal.
But Papa John's International Inc. (Nasdaq: PZZA) is answering that question many of us didn't know we had with a new pizza "inspired by the taste of space."
Inspired by chorizo's fame as the world's furthest travelled sausage — having gone into space with Spanish astronaut, Pedro Duque, in 1998 — the new space-inspired pizza range combines chorizo's flavors with Papa Johns' signature pizzas and Papadias, according to news release. Chorizo is a new ingredient for the brand.
In a multi-channel marketing campaign running in China, Qatar, UAE, Oman, Poland, Germany and select Latin America markets this fall, Papa Johns will take pizza fans to "Planet Chorizo."
"Papa Johns is a brand that is synonymous with delicious flavor experiences," said Jo Blundell, vice president of International Marketing at Papa Johns, in the release. "So, our new space inspired chorizo pizza range and intergalactic marketing campaign will take our fans on an epic taste journey into totally new dimensions."
Maybe diners can pair it with Coke's "Starlight" flavor, introduced earlier this year.
Chipotle adds another menu item
Chipotle Mexican Grill Inc. introduced a new menu item nationwide this week called garlic guajillo steak.
The Newport Beach, California-based chain (NYSE: CMG) called the menu addition, available for a limited time, "an entirely new flavor profile to Chipotle's menu."
The new dish features cuts of steak seasoned with a combination of garlic and guajillo and is topped with lime and hand-chopped cilantro.
"We're listening to our guests' requests for intriguing new flavors. Garlic guajillo steak pairs the familiar craveability of garlic with the allure of guajillo into an awesome protein with a slight kick," said Nevielle Panthaky, Chipotle's vice president of culinary, in a statement.
The menu addition is just the latest of Chipotle's new items.
Last month, the company said it's testing (with the strong possibility of a national roll-out) a spicy chicken al pastor dish in Denver and Indianapolis.The new chicken dish is made with adobo, achiote, morita peppers, pineapple, cilantro and fresh lime juice.
The chicken al pastor test follows a November trial of a pollo asado menu item. That was made with garlic, lime, guajillo peppers and cilantro, and it rolled out nationally for a limited time in March. Chipotle said it was the first menu addition made with chicken in its 28-year history.
The chain said it plans to open between 235 to 250 new restaurants in 2022, "which assumes construction, permit and material supply delays don't worsen."
The next big thing in grains
It's never too early to find out what's the next big thing.
2023 is supposed to be the Year of Millet as the international agriculture industry hopes to raise awareness of the grain and its potential for being an answer for regions unable to grow regular grains because of climate change.
In Zimbabwe, the staple maize is becoming harder to grow in a climate that's hotter and drier. Millet and another traditional grain, sorghum, is being used. Both grains are more nutritious and grow under harsh conditions.
Spanish sustainable brand Sohuman ended its Friday show with models, their eye makeup smeared as if crying, holding a picture of Elizabeth and with drawings of the crown or "RIP" written on their hands.
Designer Javier Aparici's colourful collection consisted of dresses in bold shades or with floral prints.
"After the pandemic, the situation around the world is very complicated," he told Reuters.
"And we think it is important to empower woman with a lot colours flowers, attitude, energy."
(Reporting by Sarah Mills; Additional reporting by Marie-Louise Gumuc
Investor sentiment has soured this week after government data on Wednesday showed that inflation remained hot in August, setting the Federal Reserve up for another sharp hike in its benchmark interest rate next week.
"The bears demolished the bulls for three main reasons: the Aug CPI overshot expectations, Fed tightening forecasts continued to rise, and FedEx described an economy witnessing a sharp slowdown," Wall Street analyst Adam Crisafulli said in a research note on Friday.
Donors have given more than ever in 2022 for crises across the world but the needs have also soared amid unprecedented floods in Pakistan and famine warnings in Somalia, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) says.
ROME—Two young children died after being swept away in a torrential storm that devastated the Marche region of central Italy overnight. Authorities said at least 10 people were killed when more than 15 inches of rain fell in less than three hours. On Friday, at least four people remained missing.
One of the children died when the car he was in with his mother was swept away in the torrents formed by the rain. The mother was rescued but the child was strapped into a car seat in the back.
Rescue workers had to use rafts to reach homes and cars inundated by flash floods in the area that had previously made headlines due to an extreme drought and heatwave during one of the hottest summers on record.
On Friday, business owners with ground-floor establishments were left to sift through mud and water. Many reported a complete loss of their businesses.
Forecasters had predicted rain showers, but authorities said they did not anticipate such a dramatic storm. “We were given a normal alert for rain,” Stefano Aguzzi, head of civil protection said Friday. “But nobody had expected anything like this.”
Authorities say the “water bomb” was made worse by the dry conditions. As the rain fell, the land was too parched to absorb it, causing flash flooding. The mayor of one of the hardest hit hamlets likened it to other natural disasters. Ludovico Caverni, mayor of Serra Sant’Abbondio, said the downpour was “like an earthquake.”
The deadly storm is the latest in extreme weather to sweep Italy. In July a chunk of Italy’s largest Alpine glacier detached, killing 11 people.
There is a tsunami of opportunity coming our way that you may be unprepared for. As baby boomers age into retirement, roughly $70 trillion of wealth needs to be transferred somewhere.
With a large portion of that wealth tied up in small businesses, those who have spotted the opportunity early have learned how to receive more than their fair share of that transfer.
Warren Buffet, once wrote in his 2016 letter to Berkshire Hathaway shareholders, "Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it's imperative that we rush outdoors carrying washtubs, not teaspoons."
How do we make sure we are in the group of people bringing out the biggest container possible to capture the gold that has started to fall from the skies?
In 2015, I was a mergers and acquisitions lawyer working for a billionaire out of Dallas. As a lawyer, I had worked with plenty of private equity firms and other public companies using acquisitions to scale their businesses, but this particular billionaire was interesting because he closed significantly more deals than some of the larger clients that the firm worked with.
I had the opportunity to go to dinner with him one evening and I couldn't help but ask him how he had become so prolific in acquisitions and how an aspiring billionaire like myself could follow in his footsteps. His answer was as telling as it was counterintuitive. He said he only had two rules with deals that he did.
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First, he only wanted to do deals where if he was right, he got rich — and if he was wrong, he didn't go broke. He said he never wanted to risk the kingdom for a pot of gold, nor did he want to pick up pennies in front of a steamroller.
Second, he tried to buy the smallest amount of a business possible in order to test whether he could affect the change in the business that he hoped for. He called it a "taste test transaction."
He made a comparison to an ice cream shop. When you walk into an ice cream shop, how do you know you are getting the exact flavor that you'd like? Most of us know what flavors we prefer and usually just stick to those.
Whenever you order a slightly weird flavor like pistachio, you are taking a chance on it either being amazing or sometimes horrible. Well, most businesses are kinda like pistachio ice cream. They may be great, but they may not work out at all. This billionaire told me that it only took him one transaction of a horrible pistachio experience with a lot of debt to never go all in without a taste test first.
Here is how, based on his advice, I recommend you structure your taste-test transactions:
First, buy a percentage of a business (usually 20% to 30%) along with an option or right of first refusal to buy the rest of the business if he could turn it around. Depending on the deal, you can also have a controlling interest in the business during this testing period to be able to operate the business with your team and see if they can turn the business around.
If you are able to turn the business around, the business owner will receive more than they otherwise would. If you are not able to turn it around, you can move on to the next deal. The billionaire I talked to could execute so many more deals by taking a small interest at the outset and buying more of the business over time.
Warren Buffet used a similar approach at Berkshire. In a 2014 letter to shareholders, Buffet wrote, "We much prefer owning a non-controlling but substantial portion of a wonderful company to owning 100% of a so-so business. It’s better to have a partial interest in the Hope Diamond than to own all of a rhinestone."
As fears of an economic recession heighten, there is a widening gap between what sellers are willing to sell their business for and the risk that buyers are willing to take in an uncertain economy.
I've seen multiple deals happen with partial acquisitions in ways that a full acquisition wouldn't work—deals that allowed the seller to take some chips off the table while bringing in a new partner with energy to take the business to the next level.
In fact, I recently witnessed an owner of a group of media businesses who was ready to ride off into the sunset with a big exit but couldn't find a buyer who would buy the business out. It took a strong operator to buy a portion of the business and take an operational role. This allowed the investor to start improving the business' value and work on a take-out transaction to buy the rest of the business.
If you can't come to terms with a seller on buying all of their business, consider buying a part of the business now with an option to buy the rest of the business later. See if it doesn't help close the gap to get more deals done.
U.S. stock futures on Friday suggested a sell-off in equity markets was poised to deepen at the open as traders weighed an ominous warning from FedEx about the global economy.
Futures tied to the S&P 500 slid 0.8% along with a 1% decline in Nasdaq futures. Contracts on the Dow Jones Industrial Average were off by 245 points, or 0.8%.
FedEx (FDX) withdrew its full-year guidance late Thursday and delivered messaging around its earnings outlook that sent the stock spiraling in extended trading. Shares tanked roughly 20% pre-market on Friday.
particularly emotive year, including for musician and actor Diljit Dosanjh, the star of Netflix film “Jogi.”
In June 1984, the then Indian Prime Minister Indira Gandhi ordered an army operation against separatist militants at the Golden Temple in Amritsar, a holy location for Sikhs, that was criticized by many in the community. In October, Gandhi’s Sikh bodyguards assassinated her, leading to ant-Sikh riots across northern India, with the country’s capital Delhi as its epicenter.
The happenings of 1984 left deep and enduring scars on the Sikh community and the events have been depicted in film and television over the years. In “Jogi,” directed by Ali Abbas Zafar (“Sultan”), Dosanjh plays the titular Jogi who takes it upon himself to heroically save his family and neighbors as politically-backed riot mobs in Delhi, including childhood friends from other communities, systematically target Sikhs during the 1984 riots.
For Dosanjh, the year is particularly emotive because he was born in 1984, a few months before the cataclysmic events of June and October, and grew up hearing stories about that time. One of the pivotal moments in Dosanjh’s career is “Punjab 1984” (2014) about the events of the year.
“There are many untold stories from that time, pertaining to the Sikh community in Delhi, Punjab and Kolkata, and every time I mention that I was born in 1984, everyone has their own stories,” Dosanjh told Variety. “Stories from that era have not been told and if there is an opportunity to tell them with a good team and platform, I do it.”
Dosanjh feels that the emotions and the pain conveyed in “Jogi” will connect with Netflix audiences around the world given that almost every country has had its own history of oppression.
Already a superstar of Punjabi-language cinema, Dosanjh’s breakthrough role in the Hindi-language Bollywood industry was “Udta Punjab” (2016), revolving around drug abuse in the state of Punjab. He has done several successful Bollywood films since. Dosanjh says that in the Punjabi-language industry he has carte blanche and decides on the subject matter of his films, whereas in Bollywood he waits for offers and makes an informed choice.
Despite his enormous success as an actor, music remains the first love for Dosanjh. He is one of Punjabi music’s biggest stars and has recorded 13 studio albums. His 2020 album “G.O.A.T.” went to No. 1 on on Billboard’s Top Triller global chart and went Top 20 in Canada. His track “Lover,” from the “Moonchild Era” album, has generated more than 70 million views on YouTube.
“Music is no. 1 for me, it is my priority. The pleasure I get from a hit film, I get from composing a new song, whether it is a hit or not,” says Dosanjh, whose Born to Shine world concert tour kicked off in Canada and the U.S. in June and July and continued in the U.K. in August.
Earlier this year, Dosanjh signed with Warner Music to amplify his global music career and has recorded with Canadian rapper Tory Lanez and Tanzanian star Diamond Platnumz. “Peaches,” his single with the U.K.’s Anne-Marie was released earlier this month.
The latest drawdown of $100 million means that OCHA has spent a record quarter of a billion dollars from the Central Emergency Response Fund so far this year. Laerke did not say how much remained. The fund enables the world body to respond quickly to new humanitarian crises or underfunded emergencies without having to wait for earmarked donations.
The money will go to life-saving programmes including in Myanmar and Mali which are only 18%- and 28%-funded. In contrast, Ukraine is one of just a handful of dozens of countries where programmes are more than half funded, at 66%, according to OCHA.
Noting the late arrival of funds for crises in the Horn of Africa and Pakistan, Laerke said some of the newly-released funding will also be used for "anticipatory action" in Niger to address the impact of drought.
"A common concern is that resources often get mobilised only when the disasters reach peak point, the suffering is at its worst, and the response becomes more expensive," he added.
Ukrainian authorities were expected to begin recovering bodies Friday from a newly found mass burial site in a forest recaptured from Russian forces, a task President Volodymyr Zelenskyy said would help show the world "what the Russian occupation has led to." The site was discovered close to Izium after a rapid counteroffensive by Ukrainian forces liberated the northeastern city and other swaths of the Kharkiv region. Associated Press journalists who visited the site Thursday counted hundreds of graves, marked with wooden crosses – most of them numbered, up to 400 and beyond. There was also at least one grave with a marker saying it contained the bodies of 17 Ukrainian soldiers. Read more
What we find in our all films is that the themes that we engage in the past are present today.
“And so, when you look at the story that we’re telling of the US and the Holocaust, you understand that the time to save a democracy is before it’s lost. We promise you,” he warned.
Sitting alongside co-director Lynn Novick, Burns, 69, insisted that sending immigrants to one of the ritziest vacation spots in the US was actually “the abstraction of human life.”
“It’s basically saying that you can use a human life that is as valuable as yours or mine or Lynn’s and to put it in a position of becoming a political pawn in somebody’s authoritarian game,” he insisted.
“This is what’s so disturbing about DeSantis — to use human beings, to weaponize human beings for a political purpose,” he claimed.
A Medina County propane supplier with a history of consumer complaints is being sued by the state for the second time since 2016 for "unfair and deceptive" business practices.
Ohio Attorney General's office announced Thursday that it has filed a complaint in Medina County Common Pleas Court citing six violations of the state's consumer protection act by Thrifty Propane Inc. of 2648 Medina Road in Sharon Center. The state is seeking a $25,000 fine for each violation and an unstated amount of restitution for customers.
In a release, Attorney General Dave Yost said the company has been "cheating" consumers.
"Thrifty’s broken promises left some people literally out in the cold," Yost said. "That’s not thrifty; it’s cheating – and we’re taking them back to court again to hold them accountable. This needs to stop!"
Thrifty did not return messages seeking comment Thursday.
In its complaint, the state alleges Thrifty advertises and sells propane and propane tanks to customers, while at the same time it failed to deliver gas and tanks to customers in accordance with its agreements with them, including some who had paid thousands of dollars in advance. The company was allegedly slow to provide refunds and was not accessible to consumers, the complaint states.
Customers under the company's "pre-buy" program are instructed to order more propane when their tanks are at around 30% capacity. Customers alleged that Thrifty either failed to deliver, or did not deliver enough of the gas they had paid for to supply their needs.
In some cases, pre-paid customers were forced to purchase propane at a higher cost from other suppliers when their tanks ran dry, and some − including elderly and disabled customers − were hard pressed to purchase from other suppliers because they had already paid Thrifty for fuel, the complaint states.
"Numerous consumers complained to the Ohio Attorney General's Office that no matter the amount of propane consumers ordered, during winter and spring 2022, Defendant was only delivering 100-150 gallons of propane," the court filing states.
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Families of Griner and Whelan to meet Biden amid US-Russia talks
President Joe Biden will meet with WNBA star Brittney Griner's wife and agent Friday at the White House, a source confirmed to USA TODAY Sports. Griner has been held in Russia since February on drug-related charges. She was sentenced last month to nine years in prison after pleading guilty. The Associated Press first reported Biden will host Griner's camp and the sister of Paul Whelan, the security executive who is serving a 16-year sentence on espionage-related charges he and his family say are false. These will be the first in-person encounters between Biden and the families amid the
(Reporting by Emma Farge; adding by Emelia Sithole-Matarise)