Latest news with #Herzog
Time of India
11 hours ago
- Politics
- Time of India
Houthis Fire Ballistic Missile At Israel's Ben Gurion Airport, Triggering Air Raid Sirens
/ Jun 02, 2025, 12:09AM IST The Houthis have launched another ballistic missile toward Israel, triggering sirens across central Israel and Jerusalem. The Israeli military confirmed the interception of the missile before impact. This marks the 17th such launch by the Houthis in May, following U.S. airstrikes on Yemen. The attack comes just days after a missile targeted Ben Gurion Airport, causing major flight disruptions and prompting the evacuation of Israeli President Herzog. Ryanair has extended its flight suspension to Tel Aviv until July as Houthi long-range attacks intensify.
Roya News
3 days ago
- Politics
- Roya News
'Israeli' President Herzog flees stadium after missile sirens sound
Israeli Occupation President Isaac Herzog evacuated the stands of Bloomfield Stadium in Tel Aviv on Thursday during the final match of the 'Israel' State Cup, following the sounding of air raid sirens triggered by a ballistic missile attack launched from Yemen. According to Hebrew media, sirens echoed across southern Tel Aviv while the match was underway, sparking panic among spectators and players who fled the pitch. President Herzog was immediately escorted to a secure location. Once the state of alert was lifted, Herzog returned to his seat, and the match resumed in front of approximately 30,000 spectators, amid a tense and fearful atmosphere. The Houthi movement claimed responsibility for the attack, stating that the missile targeted Lod Airport (Ben Gurion Airport) in the occupied city of Jaffa. The strike reportedly led to a temporary suspension of air traffic and forced thousands of settlers into bomb shelters. The attack comes in response to what the Houthis described as 'Israeli' airstrikes on Sana'a International Airport, which destroyed the only functioning civilian aircraft at the facility.
CNBC
3 days ago
- Business
- CNBC
Analysts are bullish on E.l.f. Beauty after takeover of Hailey Bieber's Rhode
Wall Street is thrilled with E.l.f. Beauty's latest acquisition, viewing it as a multi-pronged deal that strengthens the company's international footprint and customer appeal. Shares of E.l.f. popped nearly 25% on Thursday after the company acquired Hailey Bieber's skincare brand Rhode in a deal worth up to $1 billion. The deal, which is E.l.f.'s biggest to date, is expected to close later this year. Separate from E.l.f.'s huge bet on Rhode, the beauty products retailer on Wednesday also reported fiscal fourth-quarter results that exceeded analysts' expectations on top and bottom lines. The company's adjusted earnings per share of 78 cents on revenue of $333 million beat the 72 cents and $328 million expected from analysts polled by LSEG. Analysts view the deal as a value-added proposition to the company's efforts to expand into skincare and to attract higher-end consumers. It's also positive news for E.l.f. amid tariff woes given that Rhode sources primarily from Europe and Asia, which should help diversify E.l.f. away from its significant sourcing footprint in China. Goldman Sachs analyst Bonnie Herzog on Thursday reiterated her buy rating and $120 price target on shares. That target implies roughly 32.6% potential upside for E.l.f. from its latest close. The stock traded above $110 per share Thursday, up 21% -- putting it on pace for its best day ever. E.l.f.'s shares have soared a whopping 79% this year. "The company's results were overshadowed by the company's announced plan to acquire rhode, a prestige beauty brand," Herzog wrote in a note to clients. "We view this acquisition as a strategic positive as it further expands ELF into skincare with a prestige brand, and diversifies its customer base. While rhode is a DTC brand, it's expected to be rolled out into retail, including into Sephora, which we believe will further support growth ahead." The Rhode acquisition will further strengthen E.l.f's foray into skincare and hybrid makeup categories, Herzog said. E.l.f. plans to leverage Rhode's strong digital community engagement and its upcoming in-store partnership with Sephora to drive global growth and help further its retail distribution, the analyst added. E.l.f.'s deal with Rhode comes after the company bought skincare brand Naturium in August 2023, which became one of E.l.f.'s fastest growing brands. That followed E.l.f. acquisition of beauty brand W3LL PEOPLE for $27 million in February 2020 ELF 1Y mountain E.l.f. Beauty stock performance over the past year. Bank of America analyst Anna Lizzul is similarly bullish on shares, maintaining her buy rating and raising her price target by $18 to $113 upon the news. To be sure, that's only around $3 per share above where the stock traded at on Thursday. Like Herzog, Lizzul anticipates the Rhode acquisition to benefit E.l.f. in various ways, including expanding the company's direct-to-consumer footprint and tightening its relationship with Gen Z consumers. These younger consumers are looking for "prestige level products," she said, noting that the price of Rhode's 10 products are in a higher range compared to E.l.f's. "Rhode is expected to be accretive to gross margin, EBITDA margin, and earnings, suggesting room for deeper investments in marketing," Lizzul said. On the tariff front, E.l.f. sources roughly 75% of its products from China, but is working to reduce this by the end of fiscal year 2026 and scale its international presence, which is pleasing to analysts. Herzog expects E.l.f. products to "remain competitive owing to its strong value proposition and relative price gaps to the broader beauty industry," even as E.l.f. is raising prices on its products by $1 to offset the impact of tariffs. Herzog also expects the company's growing international business to outpace its U.S. business, which should eventually ease tariff pressures tied to the U.S.
Boston Globe
22-05-2025
- Politics
- Boston Globe
Federal officials advance plan to brace Boston from sea level rise
This week, the Corps launched a series of public meetings in Boston neighborhoods to get early feedback on exactly where those barriers ought to eventually be built. The flood projects will likely cost north of $10 billion — assuming the estimated price tags to protect other similarly sized coastal cities such as San Francisco and New York are indicative of Boston's future. They will also require congressional approval and funding, a possibly unpredictable endeavor given President Trump's dramatic cuts to federal funding. Advertisement The agency anticipates completing the Boston study and requesting funds from Congress between 2028 and 2029. The construction of the projects likely won't be finished until about 2040. Years ago, a specific geographic challenges and can be built piece by piece until the whole city is protected. Advertisement That strategy — called 'Climate Ready Boston' — provided the basis for the federal government's involvement, said Jeff Herzog, a program manager for the US Army Corps of Engineers and lead planner for the agency's Boston study. 'It's going to be a neighborhood-by-neighborhood solution,' Herzog said during a meeting Tuesday night in Charlestown. The city has already begun to build berms and elevated parks on city-owned properties, focusing on areas that are currently at risk of flooding or will be within the next 10 years. The cost of fortifying the entire 47-mile-long coast for the rest of this century, however, requires more financial resources, as well as regulatory authority, than the municipal government can provide. 'The Corps has been looking at the risk that Boston faces due to increasing sea level rise and storm surge,' said Chris Osgood, director of the Office of Climate Resilience for the City of Boston, during the Charlestown meeting. 'It's that report that unlocks the opportunity for federal funding to be able to advance those projects in the 2030s and beyond.' Both the city and federal strategies will design barriers to withstand at least 40 inches, or more than 3 feet, of sea level rise by the end of the century. That would likely protect the city from sea level rise in 2100, assuming about 2 degrees of global warming, according to a Advertisement However, there's still a chance 40 inches won't be high enough: Depending on the planet's ability to cut climate-warming emissions and depending on how glaciers in Antarctica react to continued warming, sea levels could be higher by then. In Charlestown, the federal government is considering flood barriers along the shoreline by the Navy Yard, near the Little Mystic channel, and near Ryan Playground in north Charlestown. The flood protections could be a mound of earth, a raised harborwalk, a vertical floodwall, or an elevated roadway. The neighborhood's development pushes very close to the water, so there is not enough room for 'nature-based' protections, such as planting or protecting a marsh, Herzog said. Neighborhood meetings will continue through the end of the summer. By early next year, the agency will draft a plan for what and where to build. The public can weigh in on those plans, and eventually, the proposal will be submitted to Congress as a request for funds. Most large national engineering projects like this are typically 65 percent funded by the federal government and 35 percent funded by local entities. The Trump administration has cut huge amounts of funding for climate initiatives, and several other coastal cities are similarly developing multibillion-dollar requests for coastal infrastructure projects. Still, Herzog said he feels confident that such engineering projects will continue to receive bipartisan support. 'The administration has invested heavily in coastal storm risk management,' Herzog said. '[They have] demonstrated over the years — on a bipartisan level — that they are committed to community resilience.' Advertisement While the Corps' study will focus on engineering projects, Herzog said that the federal government would also consider relocation for high-risk areas of Boston, a strategy known as managed retreat. 'It would be irresponsible for us not to [consider retreat],' he said at the Charlestown meeting. After presenting the early plan for Charlestown, the Corps will turn its focus to Dorchester, East Boston, South Boston, and downtown later this summer. Erin Douglas can be reached at
Yahoo
22-05-2025
- Politics
- Yahoo
‘Israel stands united' with families of slain embassy staffers: Herzog
Israeli President Isaac Herzog said early Thursday morning that the country remains united with the families of slain embassy staffers. Sarah Milgrim and Yaron Lischinsky were fatally shot outside the American Jewish Committee's annual Young Diplomats Reception in Washington by a male suspect who shouted 'free Palestine' after opening fire. 'Yaron and Sarah, two beautiful souls just beginning their lives together, about to get engaged. Israel stands united with their families, our diplomats abroad, and the Jewish community across the US,' Herzog said on Thursday morning. The Israeli leader met both Milgrim and Lischinsky during his most recent trip to the U.S. 'We in Israel stand with the Jewish community in Washington and throughout the United States, and I would like to send comfort and strength to the entire embassy staff,' Herzog wrote in a separate Thursday post on the social media platform X. 'America and Israel will always stand united in defending our peoples and our shared values. We will not allow terror and hatred to break us,' he added. Israeli Prime Minister Benjamin Netanyahu also condemned the act of violence and said the country will beef up security globally for its missions and envoys. 'We are witnessing the terrible price of anti-Semitism and wild incitement against the State of Israel. The blood libels against the Jewish state are rising in blood – and they must be fought to the bitter end,' Netanyahu wrote in a Thursday post on X. 'We will defeat hatred – and we will not let terrorism defeat life,' Netanyahu added. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
