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☆ The US Navy wants a lot more of a missile that just recently scored its first kill to counter Pacific threats like China
▼ + stars: | 2024-05-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The US Navy used its SM-3 missile interceptor in combat for the first time last month. AdvertisementThe US Navy will need a lot more of its SM-3 missile, an interceptor that only recently scored its first-ever kill, to counter Pacific threats like China, the sea service's top civilian official said on Wednesday. The Missile Defense Agency's budget request for FY25 cuts procurement of SM-3 Block IB variant, which became operational a decade ago. During Wednesday's hearing, South Carolina Rep. Joe Wilson referred to this variant as the Navy's "primary defense against tactical ballistic missiles for the Aegis Ballistic Missile Defense" weapons system. AdvertisementThe Navy, however, is already getting a taste of what it's like to battle anti-ship ballistic missiles.

Persons: —, Navy Carlos Del Toro, Del Toro, Joe Wilson, Paul Ignatius, MCS2 Nathan T, Beard Organizations: US Navy, China, Service, Navy, House Armed, Missile Defense Agency, Combat, Missile Defense, South Carolina Rep, Aegis Ballistic Missile Defense Locations: China, Tehran, Israel, Lake Erie, Kauai, Hawaii, Washington, Beijing, American, Iran, Gulf of Aden

☆ Jim Cramer ranks first-quarter earnings from 6 major U.S. banks. Our portfolio stocks fared well
▼ + stars: | 2024-04-20 | by ( Morgan Chittum | ) www.cnbc.com time to read: +12 min

Morgan Stanley Revenue rose 4% year over year to $15.14 billion, beating expectations of $14.41 billion, according to data compiled by LSEG. C YTD mountain Citigroup (C) year-to-date performance Citigroup had a decent quarter, Jim said. Jim said BofA just didn't shine versus the other major banks, and on earnings day Wall Street agreed, sending the stock down 3.5%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, Jim, Morgan Stanley, Goldman Sachs, Wells Fargo, Here's, Morgan Stanley's, Ted Pick, Pick, Goldman, Charlie Scharf, He's, Scharf, Wells, Jane Fraser's, BofA, Jamie Dimon, Jim Cramer's, JPMorgan Organizations: Citigroup, Bank of America, JPMorgan Chase, Investment, Morgan, Morgan Stanley Revenue, LSEG, Wealth, Goldman, Wells, Management, Silicon Valley Bank, Club, Citigroup Revenue, Citi, Bank of America Revenue, Bank, of, JPMorgan Chase Revenue, JPMorgan, CNBC, Citibank, Reuters Locations: Goldman Sachs, Wells Fargo, Silicon, buybacks, Wells

☆ Here are Wednesday's biggest analyst calls: Nvidia, Broadcom, Apple, Tesla, Netflix, Amazon, Microsoft & more
▼ + stars: | 2024-04-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Barclays reiterates Tesla as equal weight Barclays lowered its price target on Tesla to $180 per share from $225 and said it sees a negative catalyst heading into earnings. Wells Fargo reiterates Microsoft as overweight Wells raised its price target on the stock to $480 per share from $460. Barclays reiterates Broadcom as overweight Barclays raised its price target on Broadcom to $1,500 per share from $1,405. Wells Fargo reiterates Goldman Sachs as overweight Wells said it gives a "gold star" to Goldman coming out of earnings. Truist reiterates Amazon as buy Truist raised its price target on the stock to $216 per share from $195.

Persons: Tesla, Mizuho, RCL, Hancock Whitney, Raymond James, it's, Vernova, Wells, AAPL, TD Cowen, Jefferies, Morgan Stanley, NVDA, Goldman Sachs, Goldman, Maxim, Truist Organizations: Street, Barclays, Royal Caribbean, Citi, GE, HSBC, Biotech, Apple, Microsoft, Broadcom, Education, Strategic Education, Guggenheim, Automotive, Netflix Locations: China, Gulf

☆ 10 things to watch in the stock market Tuesday: Morgan Stanley beats, Nvidia call
▼ + stars: | 2024-04-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Revenue of $15.14 billion tops $14.46 billion estimate, and $2.02 in earnings per share (EPS) clears $1.66 estimate. IB revenue better than expected. UnitedHealth Group are earnings better than feared. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, Vimal Kapur, Evercore, Uber, Goldman, Jim Cramer's, Jim Cramer, Jim Organizations: Club, Big, WM, Bank of America, Revenues, Johnson, Pharma, Devices, UnitedHealth, Healthcare, Honeywell, Deutsche Bank, Barclays, Tyson, Intel, Qualcomm, Nvidia, Broadcom, Marvell, Texas, Technology, NXP Semiconductors, TAM, Jim Cramer's Charitable, CNBC

☆ Goldman Sachs CEO David Solomon breaks down how the AI obsession is creating a gold rush for the bank
▼ + stars: | 2024-04-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

Artificial intelligence is on everyone's lips, and that's expected to translate into big bucks for Goldman Sachs, according to CEO David Solomon. He said the bank has been "advising clients on these topics and how to think about potential use cases in their operations." AI's impact on jobsSolomon also explained how, internally, AI could impact its own workforce. "We see enormous opportunities for productivity gains and also opportunities for efficiency," Solomon said, describing how the AI revolution could impact Goldman's human capital. Some firms like Deutsche Bank have been piloting test cases to evaluate the impact AI could have on junior bankers' workflows.

Persons: Goldman Sachs, David Solomon, Solomon, PwC, — Goldman, Goldman, JPMorgan Chase, Reed Alexander Organizations: Business, P Global, Intelligence, Deutsche Bank, Goldman, New York Times, JPMorgan, Global Locations: ralexander@businessinsider.com

☆ Here come JPMorgan's earnings. These are the key things traders are watching for in the report
▼ + stars: | 2024-04-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

The banking giant is expected to report earnings of $4.15 per share and $41.84 billion in revenue, according to LSEG. Many analysts also anticipate an upward revision to net interest income guidance, with the firm already forecasting $90 billion for the full year. Graseck views JPMorgan as one of the best-positioned stocks for upward net interest income revisions, also highlighting its significant excess capital relative to others within the firm's coverage. What else to watch If not during earnings, this upward guidance adjustment to net interest income could occur at JPMorgan's investor day in May, she said. Another key figure some analysts are watching is earnings from First Republic, which the company took over in May 2023 .

Persons: JPM, Piper Sandler's Scott Siefers, Morgan Stanley's Betsy Graseck, Graseck, Goldman Sachs, Richard Ramsden, America's Ebrahim Poonawala, Erika Najarian, NII, Wells, Mike Mayo, Ramsden Organizations: JPMorgan, Wall Street, Management, Bank, America's, First Locations: buybacks, First Republic, Republic

☆ Here are Wednesday's biggest analyst calls: Apple, Nvidia, Tesla, Spotify, Marvell, Netflix, Disney, DraftKings & more
▼ + stars: | 2024-03-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"Royal Gold's valuation is now more compelling under our new commodity price assumptions and with modest relative underperformance of Royal Gold share price year to date." Citi reiterates Tesla as neutral Citi lowered its price target on the stock to $196 per share from $224 ahead of the company's delivery numbers in early April. We rate the shares Overweight." Citi reiterates Nvidia as buy Citi said it's sticking with its buy rating on shares of Nvidia. HSBC initiates Spotify as buy HSBC initiated the stock with a buy and said it's "hitting the right notes."

Persons: Morgan Stanley, Tesla, Evercore, Raymond James, GoDaddy, BIL, Baird, Tesla Baird, it's, Wells, Mizuho, Cabot, OEC, Needham, DraftKings, Davidson downgrades Lowe's, UBS downgrades Linde Organizations: Western Digital, KBW, BMO, Royal, Royal Gold, Netflix, JPMorgan, Apple, Deutsche Bank, Citi, Visa, Marvell Citi, UBS, Disney, GE, Nvidia, AMD, HSBC, Spotify, Barclays, JetBlue, LIN Locations: Wells Fargo, GDDY, China, 473.3k

☆ IB Global CEO Ilan Bracha talks pro-sports teams betting big on building empires
▼ + stars: | 2024-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIB Global CEO Ilan Bracha talks pro-sports teams betting big on building empiresIlan Bracha, IB Global CEO, joins 'Power Lunch' to discuss how sports teams are building empires around their stadiums.

Persons: Ilan Bracha Organizations: IB, IB Global

☆ It's been one year since SVB's collapse sent shockwaves through the banking sector. Here's where the industry and our financial names stand now
▼ + stars: | 2024-03-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

It's been a year this week since the collapse of Silicon Valley Bank sent shockwaves through the banking sector. Wells Fargo shares got a big boost after a key win with regulators in mid-February. It would allow Wells Fargo to finally grow its assets again and help rake in more profits. MS YTD mountain Morgan Stanley (MS) year-to-date performance Conversely, the Club's other bank stock, Morgan Stanley , has been lagging in 2024 — down 7% year to date. A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs.

Persons: It's, SVB, NYCB, Steven Mnuchin's, Wells Fargo, Wells, they've, Scott Siefers, Piper Sandler, we're, Charlie Scharf, Morgan Stanley, Morgan Stanley's underperformance, management's, Ted Pick, Jim Cramer, Morgan Stanley's, Morgan, Jim, Reddit, Jim Cramer's, JPMorgan, Goldman Sachs Organizations: Silicon Valley Bank, shockwaves, Bank, , New, , New York Community, Strategic Capital, Wells, Wells Fargo, Currency, Federal Reserve, CNBC, Club, Management, Morgan Stanley's IB, Citibank, JPMorgan Chase, Bank of America, Reuters Locations: Silicon, Wells, ,, , New York, Wells Fargo

☆ Paris Fashion Week: Fashion, feminism and a fake Kate Moss
▼ + stars: | 2024-03-06 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +15 min

Pascal Le Segretain/Getty ImagesEqually at Rabanne, tartan blazers were given a grungier edge with leather-trimmed sleeves and fasteners. The rise of ‘Les People’Traditionally, showing interest in celebrities (“Les people” in Parisian slang) was a big no-no amongst the proudly snobby French fashion press. For busy women, multitasking women, women who can. Pascal Le Segretain/Getty ImagesStockman-style coats in colored, patent and soft leather were everywhere at Chloé, as were thigh-high boots and wafting, chiffon dresses. Pascal Le Segretain/Getty ImagesTraditional preppy skirt suits were given an edge with "Miss Dior" emblazoned in a graffiti style scrawling.

Persons: Saint Laurent, —, Wim Wenders, “, ” Balmain’s, Ester Manas, Nina Ricci, Kate Moss, Denise Ohnona, Serre, Arnel Dela, Alessandro Vigilante, ”, Coco, Kroes, Pascal Le Segretain, Chemena, Sienna Miller, Gaby Aghion, preppy Kristin Scott Thomas, Miu Miu, Farida Khelfa, Carine, Julia Roitfeld, Victoria Beckham, Anna, Pat Cleveland, Jerry Hall, Georgia Jagger, Kiernan Shipka, Georgia May Jagger, Julien de Rosa, ’ ’, Charles de Vilmorin, Aldama, Loewe, Dior ” —, Jackie O, Salma Hayek, Kim Kardashian, Naomi Campbell, Penelope Cruz, Hari Nef, Emily Ratajkowski, Victor Aubry, Sipa, JM Haedrich, Alexandre Maras, Louise Trotter, Sophie Abriat, Valentino, Givenchy, Laurent, Demna, BFRND, scupltor, Jaanisoo, Rémy Brière, Nicolas Di Felice, Louis Sullivan, Justin Shin, McQueen, Seán, Ib Kamara’s, Nicolas Ghesquière, Louis Vuitton, Stockman, Jonas Gustavsson, Coco Chanel, Casey Cadwallader's, Albert York, Dior, Victor Virgile, Kristin Scott Thomas, Miu, Olivier Rousteing, Ik Aldama, Chloe —, Miller's, Arnold Jerocki, Filippo Fior, Gonzalo Fuentes, Thierry Chesnot, Ester Manas's Organizations: CNN, Paris, Paris CNN —, Eiffel, Saint Laurent Museum, Chloé, Victoria, Getty, Loewe, Dior, Monde, Saint Laurent, The Washington Post Locations: Paris, Trocadero, British, Deauville, Normandy, Mugler, Chloé, Georgia, AFP, Balenciaga, Chanel, Estonian, Courrèges, Dior

☆ AC Milan: How this soccer team became a style success story
▼ + stars: | 2024-03-05 | by ( Daniel-Yaw Miller | ) edition.cnn.com time to read: +4 min

The Pleasures tie-up may have been a surprise to traditional soccer fans, but it was by no means an accident. AC Milan has pursued a number of partnerships — including tapping Off-White as its official “style and culture curator” — since its $1.2 billion acquisition by US investment firm RedBird Capital Partners in August 2022. AC Milan’s infiltration of fashion has gone further than any soccer team before, even France’s Paris Saint-Germain (PSG), which not so long ago was the favored sports collaborator of brands like Dior, Stüssy and Jordan. This gray varsity with Off White and AC Milan branding is sold out. Courtesy AC MilanUnlike PSG, AC Milan does not have the same kind of international stardom in its squad that automatically comes with cultural caché.

Persons: Kylie Jenner, Ib Kamara, ”, Germain, Stüssy, Lionel Messi, Neymar Jr, Kylian, Lauren Cochrane, “ It’s Organizations: The, Fashion, CNN, Milan, Napoli, Milanese, Los, Vogue Italia, RedBird Capital Partners, Saint, PSG, Dior, White, Milan AC Milan’s, Puma, Guardian Locations: Los Angeles, thoughtfully, Jordan, Italy

☆ Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms
▼ + stars: | 2024-02-22 | by ( Reed Alexander | ) www.businessinsider.com time to read: +4 min

AdvertisementThe drama playing out within the upper ranks of Goldman Sachs is continuing to unfold, and CEO David Solomon's troubles with senior partners don't appear to be over yet. (Garcia's co-head of European investment banking, Anthony Gutman, is also said to have been named to the committee.) Bloomberg reported this week that Beth Hammack — a longtime Goldman partner, co-head of the global financial group, member of the management committee, and former CEO of Goldman Sachs Bank USA — is set to step down. And when Esposito broke the news last month of his imminent departure in a note to partners and clients, he wrote, wistfully, that he planned to "bleed Goldman Sachs forever." Are you a Goldman Sachs or Wall Street insider?

Persons: Goldman Sachs, David Solomon's, who's, Mark Sorrell, Gonzalo Garcia, Joshua Franklin, Arash Massoudi, Kim Posnett, Sorrell —, Sir Martin Sorrell, Stephan Feldgoise, Anthony Gutman, Sorrell, Gutman, Garcia, Goldman, Alison Mass, George Lee, Jim Esposito —, —, Solomon, Adebayo, Beth Hammack —, Esposito, wistfully, Reed Alexander Organizations: Financial, IB, Reading, Goldman, Bloomberg, Goldman Sachs Bank Locations: Miami

☆ Early recruitment for investment-banking internships left students scrambling this year. Here are 15 ways to get ahead of the ultra-competitive process.
▼ + stars: | 2024-02-22 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +22 min

But never had one come this early — one year and eight months ahead of said internship’s start date. While it has always been competitive, the investment banking summer internship process has gotten increasingly premature. As a result, wannabe financiers may want to start getting ready for the process as early as their freshman year. The Internship movieNetwork with upperclassmen firstNetworking is one of the most important aspects of getting a competitive investment banking internship. “A lot of kids don't realize they don't want to do it until they’ve done it for 10 weeks after the internship,” Sibley said.

Persons: Steve Sibley, ” Sibley, Goldman Sachs, Sibley, ”, —, they’re, it’s, you’ll, “, ’ inboxes, You’ll, ‘, ’, Goldman, Don’t, Carlo Allegri, don’t, there's, might’ve, “ I’m, Sturti, you’re, It’s, you'll, would've Organizations: Indiana University’s Kelley School of Business, Business, “, Finance, Bank of America, Citi, BI, Investment, Excel, IB, LinkedIn, Goldman, Getty, Lazard, Reuters, I’m Locations: “, New York City, Manhattan, Chicago, Charlotte, Atlanta, Houston, New York

☆ Barclays jumps 8.6% after announcing major strategic overhaul
▼ + stars: | 2024-02-20 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul, boosting its shares more than 8.6% through the day. For the full year, net attributable profit came to £4.27 billion, down from £5.023 billion in 2022 and below a consensus forecast of £4.59 billion. Credit impairment charges were £552 million, up from £498 million in the fourth quarter of 2022. The business will now be divided into five operating divisions, separating the corporate and investment bank to form: Barclays U.K., Barclays U.K. Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays U.S. Consumer Bank. Barclays is targeting total gross cost savings of £2 billion and an RoTE of greater than 12% by 2026.

Persons: C.S, Venkatakrishnan, Mariva Rivas, DBRS Morningstar, Rivas Organizations: Citigroup Inc, State Street Corp, Barclays Plc, HSBC Holdings Plc, LONDON, Barclays, Reuters, Momentum, Corporate Bank, Barclays Private Bank, Wealth Management, Barclays Investment Bank, Barclays U.S . Consumer Bank, CNBC, U.S Locations: Wharf

☆ My daughter attends an IB charter school. Her student-driven classes are more about mastery than memorization.
▼ + stars: | 2024-02-20 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +5 min

That’s when she enrolled in an IB program, and everything changed for her. When my daughter started middle school, she enrolled in a public charter school with an International Baccalaureate (IB) program. AdvertisementThe IB program focuses on mastery of skills — not memorizationOne of the things that drew me and my daughter to the IB program is its emphasis on mastering skills instead of rote memorization. Learning in the IB program is more student-drivenOne of the first classes my daughter took at her IB school was called Student-Led Learning. Whatever my daughter winds up doing in life, I am confident that her IB education will be an asset.

Persons: — Organizations: Business, IB Locations: Washington ,

☆ Wall Street sees a better backdrop for IPOs. Great news for these 2 portfolio stocks
▼ + stars: | 2024-02-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Wall Street is forecasting a better backdrop for companies that want to go public. While lower rates can stoke the IPO market, fewer rate cuts because the economy remains strong with cooling inflation should still be viewed as favorable. The IPO market and mergers and acquisitions (M & A) activity started to sour when the Fed began hiking interest rates back in March 2022. A strong IPO market overall is expected to also benefit burgeoning biotechnology firms, which would mean more business for Danaher. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: That's, Goldman Sachs, Goldman, Morgan Stanley, Danaher, Morgan, Morgan Stanley didn't, Ted Pick's, Jim Cramer, Morgan Stanley's, Raymond James, —, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Federal, stoke, UST, Goldman, Fed, Companies, IB, Danaher, Biotech, Silicon Valley Bank, CNBC, Traders, New York Stock Exchange Locations: U.S, Silicon

☆ Oil rises for a fourth day after U.S. kills militant commander in Iraq, Israel rejects Hamas proposal
▼ + stars: | 2024-02-08 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Crude oil futures prices rose for the fourth day in a row Thursday after the U.S. killed a militant commander in Iraq and Israel rejected a ceasefire proposal by Hamas. The West Texas Intermediate futures contract added 86 cents, or 1.16%, to trade at $74.73 a barrel. Blinken met Israel Prime Minister Benjamin Netanyahu Wednesday to discuss a counterproposal by Hamas that demands a permanent end to the fighting. Netanyahu rejected the Hamas' proposal, vowing to press on to the southern city of Rafah on the border with Egypt and achieve "total victory" in Gaza. The drone strike Wednesday comes after the U.S. hit sites in Iraq and Syria used by Iranian forces and allied militants last weekend.

Persons: Brent, Antony Blinken, Blinken, Benjamin Netanyahu, Netanyahu Organizations: The West Texas Intermediate, U.S, Israel, Hezbollah, U.S . Central Command, U.S . Energy Department Locations: Gaza, U.S, Iraq, Israel, Rafah, Egypt, Baghdad, Syria

Prime Minister Benjamin Netanyahu of Israel, dashing hopes that a cease-fire in the Gaza Strip might be close, on Wednesday spurned a proposal from Hamas and said that Israel had directed its forces to prepare to operate in a Gazan city that has become a refuge for more than one million Palestinians. His comments came a day after Hamas delivered a plan to mediators that called for Israel to withdraw from Gaza, abide by a long-term cease-fire and free Palestinians held in Israeli jails in exchange for the release of Israelis being held hostage in Gaza. “Surrender to the ludicrous demands of Hamas — which we’ve just heard — won’t lead to the liberation of the hostages, and it will only invite another massacre,” Mr. Netanyahu said at a news conference in Jerusalem. Word that Israel was preparing a possible expansion of its operation came as American officials said they had killed a senior leader of an Iraqi-based militia they blame for recent attacks on American military personnel. The Pentagon said that a strike in Iraq had killed a commander of Kata’ib Hezbollah, the militia they say was responsible for a drone attack in Jordan last month that killed three American service members and injured more than 40.

Persons: Benjamin Netanyahu, Israel, we’ve, —, ” Mr, Netanyahu, Antony J, Blinken, Kata’ib Organizations: Hamas, Mr, Pentagon, Kata’ib Hezbollah Locations: Gaza, Israel, Jerusalem, ”, Rafah, Egypt, Iraqi, Iraq, Jordan

☆ U.S. Strike in Baghdad Kills Iranian-Backed Militia Commander
▼ + stars: | 2024-02-07 | by ( Helene Cooper | Alissa J. Rubin | ) www.nytimes.com time to read: 1 min

A U.S. retaliatory strike in the Iraqi capital on Wednesday killed a senior leader of a militia that U.S. officials blame for recent attacks on American personnel, the Pentagon said, following up on President Biden’s promise that the response to a slew of attacks by Shiite militias would continue. The Pentagon said the man was a leader of Kata’ib Hezbollah, the militia that officials have said was responsible for the drone attack in Jordan last month that killed three American service members and injured more than 40 more. A U.S. official said that the strike was a “dynamic” hit on the militia commander, whom American intelligence officials had been tracking for some time. A second official said the United States reserved the right to strike other Shiite militia leaders and commanders.

Persons: Biden’s, Kata’ib Organizations: Wednesday, Pentagon, Kata’ib Hezbollah, U.S Locations: Jordan, United States

☆ There's another missing submersible: A $3.6 million vessel mysteriously disappeared near Antarctica's 'Doomsday Glacier'
▼ + stars: | 2024-02-07 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +5 min

The submersible was exploring the Thwaites Glacier to study its potential effects on sea-level rise. Ran's disappearance is a tragic loss for climate change research as scientists were using the autonomous machine to study the melting activity of Thwaites Glacier, also known as the "Doomsday Glacier." AdvertisementThat's why Wåhlin and her team chose Ran to check out Thwaites Glacier because it's actively melting. The Thwaites Glacier is one of the largest in the world and could raise global sea levels significantly if it collapses entirely. AdvertisementA gigantic cavity nearly 1,000 feet tall growing at the bottom of Thwaites Glacier in West Antarctica.

Persons: Ran, Thwaites, It's, Anna Wåhlin, Olof Lönnehed, University of Gothenburg Ran, Wåhlin, NASA Thwaites, Louise Newman, Jeremy Harbeck, Aaron, Newman Organizations: University of Gothenburg, Service, Titan, NASA, University's Department of Marine Sciences Locations: Antarctica, West Antarctica

☆ Middle East Crisis U.S. Strikes Over 85 Targets at 7 Sites in Iraq and Syria Against Iran’s Forces and Proxies
▼ + stars: | 2024-02-03 | by ( Victoria Kim | ) www.nytimes.com time to read: +5 min

Image Pro-government Iranians gathering near a banner that warns Iran’s enemies — in Farsi and in Hebrew — to “Prepare your coffins,” this month in Tehran. Credit... Arash Khamooshi for The New York TimesIran projects its military power through dozens of armed groups across the Middle East, but how much does it control their actions? Iranian rhetoric, echoed by its allied groups, often goes further, calling for the elimination of the Israeli state. A 2020 U.S. Department of State report estimated that Iran’s support for Hezbollah was $700 million annually at that time. They’re not Iran’s stooges.”Much the same could be said of other groups.

Persons: —, Arash Khamooshi, Israel, Michael Knights, Hisham al, “, Mohammed al, Sulami, ”, Vivian Nereim Organizations: Pro, The New York Times, United States, Sunday, U.S, Pentagon, Iranian Revolutionary Guards, . Department of State, Washington Institute, AK, United Nations Locations: Tehran . Credit, The New York Times Iran, United, Iranian, Jordan, Tehran, Iran, Lebanon, Syria, Iraq, Yemen, U.S, Eastern, Suez, United States, Israel, Yemeni, Saudi Arabia, Islamic Republic

Attacks The map shows five of the seven sites that the U.S. hit with military strikes in Syria and Iraq. The strikes hit more than 85 targets at different locations using more than 125 precision-guided munitions, according to a statement by U.S. Central Command. Two American officials said the United States also conducted cyberoperations against Iranian targets on Friday but declined to provide details. It is clear from statements from the White House, and from Tehran, that neither the United States nor Iran wants a wider war. Striking sites in the Mideast with aircraft launched from the United States and refueled midair is a muscular show of global reach and capability, the official said.

Persons: Biden, Biden’s, Mr, “, ”, John F, Kirby, Douglas, Sims, Yahya Rasool, That’s, Iran’s, Jordan, Roger Wicker of, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Moffett, Sanders, Sergeant Rivers Organizations: Iranian, Islamic Revolutionary Guards Corps Quds Force, U.S . Central Command, Islamic Revolutionary Guards Corps, ”, Jordan . Middle, Revolutionary Guards, National Security Council, White House, Central Command, White, Pentagon, Dyess Air Force Base, U.S, military’s Joint Staff, Air Force, Iraq’s Armed Forces, Iran’s Revolutionary Guards Corps, Revolutionary Guards Corps, Administration, Capitol, Biden, Republican, Armed Services Committee, Dover Air Force Base, Army Reserve Locations: United States, Syria, Iraq, East, Jordan, Iran, U.S, Jordan ., Tehran, Texas, Yemen, Israel, Gen, Roger Wicker of Mississippi, Delaware

On Wednesday the White House said it believes an umbrella group of militants called Islamic Resistance in Iraq was behind the drone attack in Jordan. He stopped short of assigning exact blame on Kata’ib Hezbollah, the most powerful Iran-backed militia in Iraq, saying it was not the only group responsible for previous attacks on US bases. On Friday, Iranian President Ebrahim Raisi said his country will not initiate a war but will “respond strongly” to bullies. In a sign of a possible effort to quell the tensions, Kataib Hezbollah, announced on Tuesday the suspension of its military operations against US forces in the region. “We are announcing the suspension of military and security operations against the occupation forces (US troops) - in order to prevent embarrassment to the Iraqi government,” Kataib Hezbollah said in a statement.

Persons: Joe Biden, Biden, Lloyd Austin, ”, ” Austin, We’re, ” John Kirby, “, ” Kirby, Ebrahim Raisi, ” Kataib, Akram Al Organizations: CNN, Pentagon, National Security Council, White, Hezbollah, US, Free Hezbollah Brigades Locations: Iraq, Syria, Iran, Jordan, Israel, Gaza, Tehran, United States, Islamic Republic of Iran, Iranian Hormozgan province

☆ Widening Mideast Crisis Militia Blamed for Attack on U.S. Forces Says It Will Halt Military Activity
▼ + stars: | 2024-01-31 | by ( Alissa J. Rubin | ) www.nytimes.com time to read: +6 min

His comment raised fears in Iraq about a possibly retaliatory U.S. attack on its territory. The militia, Kata’ib Hezbollah, or Brigades of the Party of God, is the largest and most established of the Iran-linked groups operating in Iraq. (Kata’ib Hezbollah is separate from the Hezbollah militia in Lebanon.) The other two Iraqi groups that are believed to have been involved in strikes U.S. targets — Harakat al Nujaba and Sayyid Shuhada — have not announced they will halt attacks. Kata’ib Hezbollah and other groups had ignored the Iraqi government’s request to stand down, but once the attack in Jordan on Sunday took American lives, Mr. Sudani demanded a complete halt from Kata’ib Hezbollah.

Persons: Biden, Israel, —, Nujaba, Sayyid Shuhada —, Kata’ib, Abu Hussein al, “, Pat Ryder, ”, Mohammed Shia, Sudani, Hisham al, Sudani’s, Nuri al, Qais, Hadi, Esmail Qaani, Falih Hassan, Farnaz, Eric Schmitt Organizations: Pentagon, Hezbollah, Party of, Iraqi Army, Kurdish Syrian Defense, Islamic, Kata’ib Hezbollah, Defense Department, U.S, Sunday, Revolutionary Guards, Maliki, Quds Force Locations: Iran, Iraq, U.S, Jordan, Syria, Gaza, The U.S, Islamic State, Lebanon, Yemen, Islamic Republic of Iran, United States, Iraqi, Baghdad, New York, Washington ,

☆ White House formally assigns blame for drone strike in Jordan that killed 3 American service members
▼ + stars: | 2024-01-31 | by ( Kevin Liptak | Michael Williams | ) edition.cnn.com time to read: +2 min

Washington CNN —The US believes an umbrella group of militants called Islamic Resistance in Iraq was behind the drone attack in Jordan that killed three American service members, the White House said Wednesday, its first formal attribution for the incident. “We believe that the attack in Jordan was planned, resourced and facilitated by an umbrella group called the Islamic Resistance in Iraq, which contains multiple groups including Kata’ib Hezbollah,” National Security Council spokesman John Kirby said. He stopped short of assigning exact blame on Kata’ib Hezbollah, saying it was not the only group responsible for previous attacks on US bases. In addition to the three killed, more than 40 US troops were injured. Biden told reporters on Tuesday that he had decided how to respond to the strike, but remained vague on what exactly the response would be.

Persons: John Kirby, ”, servicemembers, William Rivers, Kennedy Sanders, Breonna Moffett, Sanders, Moffett, Biden, Kirby Organizations: Washington CNN, US, Hezbollah, ” National Security, Army Reserve, Dover Air Force Base Locations: Iraq, Jordan, Israel, Carrollton , Georgia, Waycross , Georgia, Savannah , Georgia, Germany

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