DIRS.INFO The most relevant business & tech news

☆ Elon Musk is looking to deploy Tesla's robotaxis in China, state media reports say
▼ + stars: | 2024-05-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Tesla is planning to rollout its robotaxis in China, state-owned newspaper China Daily reported. Elon Musk suggested implementing Tesla's Full Self-Driving technology in China's taxi services. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla CEO Elon Musk is looking to to deploy his company's Full Self-Driving (FSD) technology in China's taxi services, Chinese state-owned newspaper China Daily reported on Tuesday. The Tesla chief made a surprise visit to China last month, where he met the country's second-highest-ranking politician, Premier Li Qiang.

Persons: Tesla, Elon Musk, —, Li Qiang Organizations: China Daily, Service, Tesla, Bloomberg Locations: China

☆ In Europe, Xi looks to counter claims it’s aiding Russia in Ukraine
▼ + stars: | 2024-05-07 | by ( Simone Mccarthy | Xiaofei Xu | ) edition.cnn.com time to read: +6 min

“China is neither the creator of the crisis, nor a party to it or a participant. The trip will also see Xi visit Serbia and Hungary, with the leader’s visit to Belgrade coinciding with the 25th anniversary of NATO’s bombing of the Chinese embassy in the city that killed three. Beijing has defended its trade with Russia as part of normal bilateral ties; it also says it does not provide weapons to parties in conflict. It has not been accused of sending lethal weapons to Russia, but rather goods with military use. Beijing supports efforts recognized by both Russia and Ukraine, with “equal and just discussions of all possible peace plans at the conference,” he said.

Persons: Xi Jinping, ” Xi, Emmanuel Macron, Ursula von der, “, ramped, Macron, Xi “, he’s, ”, ” Macron, presser, Xi, Vladimir Putin, von der Leyen, Putin Organizations: Hong Kong CNN, French, European, NATO, Biden, Kyiv Locations: Hong Kong, Ukraine, China, Europe, Moscow, “ China, Paris, Washington, Beijing, Russian, Serbia, Hungary, Belgrade, Serbian, Balkans, Russia, France, “, Israel, Switzerland

☆ US paused shipment of bombs to Israel amid concerns over potential use in Rafah incursion, US official says
▼ + stars: | 2024-05-07 | by ( Oren Liebermann | ) edition.cnn.com time to read: +4 min

CNN —The United States paused a shipment of bombs to Israel amid concerns over their potential use in a Rafah incursion, according to a US official. The shipment, which was held back last week, includes 1,800 bombs weighing 2,000 pounds and 1,700 bombs weighing 500 pounds. CNN reported over the weekend that one shipment of ammunition to Israel had been paused, but the reason was unclear. On Monday, Israel carried out what the US described as a “limited” operation in Rafah, taking over the border crossing with Egypt that is a vital lifeline for humanitarian aid. “We have not made a final determination on how to proceed with this shipment,” the official said.

Persons: Biden, Israel, ”, Matt Miller, “, Pat Ryder, Benjamin Netanyahu, Israel’s, Ali Jadallah, Marc Garlasco, Sabrina Singh, “ You’ve, You’ve, I’m Organizations: CNN, Pentagon, US, Getty, UN Locations: United, Israel, Rafah, Gaza, Egypt, Anadolu, Israel’s, Vietnam

☆ Why investing solo lets Refactor Capital's Zal Bilimoria be a 'lifeline' for founders
▼ + stars: | 2024-05-06 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Now 42, Bilimoria is the sole partner of Refactor Capital, the early-stage venture-capital firm he launched in 2016. Through Refactor Capital, Bilimoria has backed unicorn companies including the green-chemical manufacturer Solugen and the space startup Astranis. AdvertisementTwo years later, Lee stepped down as a general partner — making Bilimoria the firm's sole investor. Life as a solo partnerAs a solo partner, "all the successes and all the challenges are on my shoulders," Bilimoria said. Refactor Capital invests in about eight companies every year and is deploying capital out of its third fund.

Persons: —, Bilimoria, Andreessen Horowitz —, weren't, Andreessen Horowitz, David Lee, Lee Organizations: Service, University of Pennsylvania, Business, Microsoft, Netflix, Google, Twitter, Fund, SV Angel Locations: Northwest Indiana

☆ Pentagon races to prop up Ukraine's hard-fighting 47th Mechanized Brigade that's exhausted, report says
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The Pentagon plans to replenish the powerhouse brigade with Bradley fighting vehicles, Forbes said. AdvertisementUkraine's hard-fighting 47th Mechanized Brigade is battle-weary and urgently needs US support, Forbes reports. Trained by NATO instructors, the 47th Brigade all-volunteer unit is one of Ukraine's powerhouse brigades. Russia's 30th Motor Rifle Brigade took advantage of the rotational lapse as the 47th Brigade withdrew and attacked, capturing a large swathe of territory. AdvertisementBeyond material support and tactical adjustments, the 47th Brigade needs a reprieve from the relentless cycle of conflict.

Persons: Bradley, Forbes, —, Putin, Bradley IFVs, Bradley IFV, ince Organizations: Pentagon, Service, Mechanized Brigade, Forbes, NATO, 47th Brigade, M1, Bradley, Ministry of Defense, 47th Mechanized Brigade, ust Locations: Ukraine, Stepove, Avdiivka

☆ The surprising benefits of embracing your anxiety, according to someone living with it
▼ + stars: | 2024-05-03 | by ( Michelle Icard | ) edition.cnn.com time to read: +6 min

I spoke with Weaver about her anxiety and how her new book can give other people with anxiety a starting point for talking about it. Haley Weaver: At its core, anxiety wants to keep us safe — safe from disaster, safe from judgment, safe from rejection — the list goes on! Not to be meta, but my anxiety about sharing my anxiety was present throughout the entire writing process. Additionally, caring for anxiety may look different depending on how the anxiety presents — maybe it’s helping kids pinpoint helpful coping mechanisms. Weaver: I wrote this book for anyone who struggles with anxiety or cares about someone who deals with anxiety in their everyday life.

Persons: CNN — Haley Weaver, wouldn’t, ” Kimberly Person, Weaver, Haley Weaver, It’s, There’s, —, Michelle Icard, ” Organizations: Lifeline, CNN, Haley Weaver CNN

☆ The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street' says
▼ + stars: | 2024-05-03 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That's if Freddie Mac secures approval from its regulator to operate in the market for secondary mortgages, also commonly known as home equity loans. If greenlighted, the scheme would be equivalent to a huge stimulus injection, but without a cent added to the national deficit, the "Oracle of Wall Street" explained. As Freddie Mac is a massive provider of mortgage market liquidity, the move could encourage more banks to extend this financing to customers. The proposal noted that options are limited for homeowners who want to tap their equity, meaning that few are benefiting from the housing market's appreciation.

Persons: —, Meredith Whitney, Whitney, Freddie Mac, Freddie Mac's, Freddie, Fannie Mae, Ginnie Mae Organizations: Service, Business

☆ Brittney Griner tells ABC that she ‘wanted to take my life more than once’ while detained in Russia
▼ + stars: | 2024-05-02 | by ( Wayne Sterling | George Ramsay | ) edition.cnn.com time to read: +3 min

The US State Department deemed that Griner had been wrongfully detained and she was released in December 2022 in a prisoner swap involving Russian arms dealer Viktor Bout. I felt like leaving here so badly,” Griner said in the ABC interview which aired on Wednesday. I have to endure this.”Griner, a two-time Olympic gold medalist, also said that she was required to write Russian President Vladimir Putin a letter asking for forgiveness. Natalia Kolesnikova/Reuters“They made me write this letter,” said Griner, not specifying who told her to write the letter. The Phoenix Mercury star is entering her 11th WNBA season having returned to the team in May last year.

Persons: CNN — Brittney Griner, ABC’s, Griner, Viktor Bout, “, ” Griner, can’t, ”, Vladimir Putin, Natalia Kolesnikova, Reuters “, Cherelle Organizations: International Association for Suicide Prevention, Befrienders Worldwide, CNN, WNBA, US State Department, Russian, ABC, Reuters, ”, UMMC Ekaterinburg, Phoenix Mercury, Paris Olympics Locations: Russia, Khimki, Moscow, Russian, Paris

☆ Why is a mother’s mental health so important? A doctor explains
▼ + stars: | 2024-05-01 | by ( Katia Hetter | ) edition.cnn.com time to read: +9 min

Today is World Maternal Mental Health Day, and it’s time to recognize the importance of maternal mental health. She previously served as Baltimore’s health commissioner and as chair of Behavioral Health Systems Baltimore, a regional nonprofit advancing mental health and substance use disorder treatment. Dr. Leana Wen: Mental health is an essential part of overall health. Those with preexisting mental health conditions such as depression and bipolar disorder have a much higher rate of experiencing mental health issues in the postpartum period. That said, it’s also very important to recognize that postpartum depression and other mental health diagnoses in pregnancy and postpartum can occur in people who have not had mental health conditions in the past.

Persons: Leana Wen, Wen, It’s, —, it’s Organizations: CNN, Lifeline, George Washington University, Behavioral Health Systems, US Centers for Disease Control, World Health Organization, US Food and Drug Administration Locations: United States

☆ Fisker's woes are another reason to consider leasing an EV over buying
▼ + stars: | 2024-05-01 | by ( Graham Rapier | ) www.businessinsider.com time to read: +4 min

There are several reasons to consider leasing an EV over buying. To be sure, the vast majority of EV owners don't have to worry about the maker of their vehicles imminently going out of business. AdvertisementUsed EV prices are a huge question markThere's limited data on EV resale prices. Pre-owned EV prices have fallen in line with new EV prices. EV leasing is growing in popularityLeasing an EV is no longer a niche concept.

Persons: —, Fisker, Cox, Polestar, Paul Jacobson Organizations: Service, EV, Leasing, International Energy Agency, American, Tesla, Cox Automotive, Electrek, Lease

☆ Affordable internet gave Native Americans a way to preserve community and culture. Now it’s another broken promise
▼ + stars: | 2024-05-01 | by ( Brian Fung | ) edition.cnn.com time to read: +12 min

Within weeks, the two-year-old US Affordable Connectivity Program (ACP) is set to run out of funds, and Congress appears unlikely to authorize more. Even as many older and rural Americans may be thrust into financial hardship due to the ACP’s collapse, indigenous communities could fare even worse. Because tribal members can now work remotely, they are no longer forced to move away from their communities to seek opportunity, they told CNN. For example, Mitchell said, after decades of decline in Mohawk fluency, a growing number of tribal members are now involved in online language immersion. (AP Photo/Seth Wenig) Seth Wenig/AP/FileInstead, some say, the collapse of the ACP will become another stain on the US government’s centuries-long track record of breaking promises to tribal communities.

Persons: Kelly, ”, “, “ That’s, ” Kelly, Mike Johnson, Pennsylvania Democratic Sen, John Fetterman, Fetterman’s, Jonathan Nez, “ I’ve, Loren King, Geoffrey Starks, ” Starks, Allyson Mitchell, Mitchell, Nez, ” Nez, Derrick VanSoolen’s, Choctaw, ” VanSoolen, they’re, Bois, Randy Long, Gary Johnson, Paul, Seth Wenig, I’ll Organizations: Washington CNN, Mohawk, CNN, Connectivity Program, FCC, Pennsylvania Democratic, Federal Communications Commission, Treasury, US Federal Communications Commission, Mohawk Networks, Navajo, ACP, Emergency, Program, Choctaw Nation, Bois Forte, Paul Bunyan Communications Locations: St, Lawrence, New York, Canadian, Mohawk, America, Navajo, Oklahoma, Oklahoma , Arizona, New Mexico, Alaska, South Dakota, Arizona, Minnesota, Regis

☆ Interest rates: It’s a mystery when the Fed will begin to cut them
▼ + stars: | 2024-04-30 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Washington CNN —Nowadays, it’s anyone’s guess when the Federal Reserve will begin to cut interest rates this year — if at all. Fed officials are meeting this week, starting Tuesday, to discuss rates and set policy. That guidance will be key for market observers who clearly have divergent views on interest rates. Forecasts from major Wall Street banks on the first rate cut are all over the place: JPMorgan and Goldman Sachs expect the first cut in July, while Wells Fargo is betting on September. Some Fed policymakers, meanwhile, have even floated the possibility of a rate hike, instead of a cut.

Persons: Goldman Sachs, Wall, Liz Ann Sonders, Charles Schwab, Jerome Powell, “, ” Kathleen Grace, John Towfighi, That’s, nearshoring, Alberto Ramos, Ramos, Morgan Stanley, Read, Cindy Westman, —, Brian Fung, Jason Carroll, I’ll, ”, Westman, ’, Westman — Organizations: CNN Business, Bell, Washington CNN, Federal Reserve, JPMorgan, Bank of America, CNN, Labor Department, Manufacturing, Commerce Department, Program, Social Locations: Washington, Wells, Mexico, —, China, United States, Eureka , Illinois

☆ Perimenopause may spike risk of depression, study finds
▼ + stars: | 2024-04-30 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

Now, a new study has quantified the risk of depression during the transition, known as perimenopause — showing that women in this stage are about 40% more likely to experience the mental health condition than premenopausal women. The authors conducted the study — which is a review of seven studies totaling 9,141 women — to provide an estimate for the risk of developing clinical, diagnosed depression or depressive symptoms at different menopausal stages. The authors didn’t find a significant difference in risk of depression for postmenopausal women compared with premenopausal women. Badawy is now an associate graduate mental health worker at the Barnet, Enfield and Haringey Mental Health NHS Trust in London. And doctors should develop and maintain relationships with mental health providers to whom they can refer patients diagnosed with depression.

Persons: ”, Aimee Spector, ” Spector, —, didn’t, Stephanie Faubion, Penny, Bill George, Faubion wasn’t, Yasmeen Badawy, ” Faubion, Faubion, Rebecca Thurston, wasn’t, Thurston, “ Organizations: CNN, Disorders, University College London, Johns Hopkins Medicine, Mayo Clinic’s Center, Women’s Health, Barnet, Haringey Mental Health, Trust, Pittsburgh, University of Pittsburgh, Lifeline Locations: United States, Australia, China, Netherlands, Switzerland, Minnesota, Enfield, Haringey, London

☆ Citi says investors should focus on dividends, lists several buy-rated income stocks to buy
▼ + stars: | 2024-04-29 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Therefore, investors would be more incentivized to buy companies that have a strong record of dividend payments. The strategist expects more companies to add dividends payouts going forward, as firms begin to increasingly understand the appeal for investors. The stocks had to meet the following criteria: Buy-rated by Citi Research 3-year dividend per share with a compound annual growth rate above 5% Above median expected dividend growth Potential dividend per share upside Reasonable payout ratio Reasonable dividend yield One name on the list was Visa , which currently has a dividend yield of 0.7%, according to Citi Research. Semiconductor firm Lam Research also made the list, with a dividend yield of 0.9%. More than half of analysts covering the stock rate it a buy or strong buy and see a potential upside of nearly 6%.

Persons: Scott Chronert, Chronert, TD Cowen, Bryan Bergin, Riley, — CNBC's Michael Bloom Organizations: Federal Reserve, Citi, Fed, Citi Research's, Citi Research, Visa, LSEG, Mastercard, Semiconductor, Lam Research, Research Locations: Asia, Europe

☆ In a Communist Stronghold, Capitalists Become an Economic Lifeline
▼ + stars: | 2024-04-29 | by ( David C. Adams | ) www.nytimes.com time to read: 1 min

A modern grocery store whose shelves are packed with everything from pasta to wine fills a spot in central Havana once occupied by a drab state-owned flower shop, its ceilings and walls repaired and repainted. A former state glass company in a Havana suburb now houses a showroom for a private business selling Cuban-made furniture. And at the Cuban capital’s port, forklifts carefully unload American eggs from a refrigerated container. The eggs are bound for an online private supermarket that, much like Amazon Fresh, provides home delivery. These ventures are part of an explosion of thousands of private businesses that have opened in recent years across Cuba, a remarkable shift in a country where such enterprises have not been permitted and where Fidel Castro rose to power leading a communist revolution determined to eliminate capitalist notions like private ownership.

Persons: Fidel Castro Locations: Havana, Cuban, Cuba

☆ ‘Should have been done yesterday’: Rural, older Americans could get hurt as affordable internet program runs out of cash
▼ + stars: | 2024-04-29 | by ( Brian Fung | Jason Carroll | ) edition.cnn.com time to read: +14 min

But in just a few weeks, her internet bills, and those of other Americans like her, could skyrocket by hundreds of dollars a year. The program is heavily used by Americans over age 50, military veterans and low-income working families nationwide, according to FCC data. Amira Karaoud/Reuters/FileRural and older usersThe ACP has quickly gained adoption since Congress created the program in the 2021 bipartisan infrastructure law. Large swaths of the ACP’s user base trend older; Americans over 65 account for almost 20% of the program. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service.

Persons: Cindy Westman, —, I’ll, ”, Westman, ’, Westman —, Gigi Sohn, “, Biden, Allison Bailey /, Cynthia George, George, ” George, Marc Veasey, They’re, Geoffrey Starks, “ It’s, ” Starks, Amira Karaoud, Walter Durham, I’m, ” Durham, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Kamesha Scott, Louis, Megan Janicki, ” Janicki, Reagan, Mike Johnson, Blair Levin, Johnson didn’t, Levin, Jonathan Blaine, ” Blaine, they’re Organizations: CNN, Program, Social, Federal Communications Commission, FCC, Capitol, Getty, MSN, White, ” Texas Democratic, “, Comcast, ACP, Navy, American Library Association, Lifeline, Republicans, Republican, New, Research, ” Bills Locations: Eureka , Illinois, America, Dallas, Las Vegas, Kentucky, San Diego, United States, Maine, St, Vermont

☆ Elon Musk comes out fighting as China throws Tesla a lifeline
▼ + stars: | 2024-04-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Elon Musk made a surprise visit to China, meeting officials and striking a deal with Baidu. The deal brings Tesla a step closer to introducing its self-driving features in cars sold in China. AdvertisementElon Musk's surprise visit to China appears to have paid off. Elon Musk was taken by minibus to his private jet at Beijing airport on Monday after a surprise visit to China. Musk's battle planMusk's China visit came amid tough times for Tesla.

Persons: Elon Musk, Tesla, —, Elon Musk's, Narendra Modi, Musk, Li Qiang, Greg Baker, Dan Ives, Wall, Telsa, Musk's, he's Organizations: Baidu, Service, Tesla, Bloomberg, EVs, Getty, Bloomberg TV, Business Locations: China, Beijing, India, AFP

☆ Jeffries’s Hint of a Lifeline Bolstered Johnson on Ukraine. Will He Need It?
▼ + stars: | 2024-04-29 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

When Representative Hakeem Jeffries, the House Democratic leader, was in Munich in mid-February for the annual international security conference, Representative Michael R. Turner, the Ohio Republican and chairman of the Intelligence Committee, quietly sought him out with a request. Mr. Turner, according to those familiar with the private conversation, told Mr. Jeffries that he was committed to funding Ukraine’s war effort and believed that Speaker Mike Johnson would ultimately put an aid package on the floor, in defiance of right-wing Republicans opposed to doing so. Mr. Jeffries said he would take the idea under advisement. About 10 days later, after a Feb. 27 Oval Office session with President Biden and congressional leaders, Mr. Jeffries made his move. At a luncheon the next day at the Washington bureau of The New York Times, Mr. Jeffries responded to a question that he believed “a reasonable number” of Democrats would bail out Mr. Johnson if he put the aid package to a vote and faced ouster because of it.

Persons: Hakeem Jeffries, Michael R, Turner, Mr, Jeffries, Mike Johnson, Johnson, ultraconservatives, Kevin McCarthy, Biden Organizations: Democratic, Ohio Republican, Intelligence Committee, Republicans, The New York Times Locations: Munich, Washington

☆ LeBron James scores 30 points as Los Angeles Lakers earn a ‘lifeline’ against Denver Nuggets
▼ + stars: | 2024-04-28 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —LeBron James scored 30 points as the Los Angeles Lakers avoided a first-round elimination in the Western Conference playoff series against the Denver Nuggets. Four-time NBA champion James rose to the occasion, as did Anthony Davies, who had 25 points and 23 rebounds in the 119-108 win in LA. It was the Lakers’ first victory over the Nuggets since December 2022, ending Denver’s 11-game winning streak in the fixture. “We’ve given ourselves another lifeline, and it’s a one-game series for us,” James told reporters. Game 5 will be held in Denver Monday and the defending champion, leading the best-of-seven series 3-1, could secure the series on home soil.

Persons: LeBron James, James, Anthony Davies, “, ” James, you’re, Nikola Jokić Organizations: CNN, Los Angeles Lakers, Western Conference, Denver Nuggets, Lakers, Nuggets, Boston Celtics, Miami Heat, Oklahoma City Thunder, New Orleans Pelicans, Orlando Magic, Cleveland Cavaliers Locations: LA, Denver

☆ A Match Made in MAGA: How a Friendship Helped J.D. Vance Land on Trump’s V.P. List
▼ + stars: | 2024-04-27 | by ( Sharon Lafraniere | ) www.nytimes.com time to read: +1 min

He had publicly called Mr. Trump “loathsome” and an “idiot.” Once, he described him as “cultural heroin.”Then came an unexpected lifeline. “Enough with the lies being told about this guy,” Donald Trump Jr., the former president’s son, wrote on Twitter, assuring his followers that Mr. Vance had become a fan of his father. A month later, encouraged by his son, the elder Mr. Trump endorsed Mr. Vance. Today, Mr. Vance is one of the former president’s most reliable allies and a leader of a band of Republicans pushing Senate Republicans to the right. And his star has only continued to rise: Mr. Vance is on the list of Mr. Trump’s possible running mates, according to two people familiar with the discussions.

Persons: Donald J, Trump, J.D, Vance, ” Donald Trump Jr Organizations: Republican, Twitter, Republicans Locations: Ohio

☆ Steak From Dairy Cows? It Could Be a Lifeline for American Farmers.
▼ + stars: | 2024-04-24 | by ( Florence Fabricant | ) www.nytimes.com time to read: +1 min

Meat from dairy cows, rarely valued in American kitchens and restaurants, usually becomes dog food and fast-food burgers. When mature dairy cows (about six years old) are allowed to pasture longer, their fat, which normally goes into milk, returns to the muscles and makes the meat richer and more tender. But a few farms, including Mindful Meat in Marin County, Calif., and Butter Meat Company in Pavilion, N.Y., just west of the Finger Lakes, have been selling meat from culled dairy cows and convincing skeptics. At Stone Barns, dairy cattle are living out their golden years munching on Pocantico Hills grass before becoming the highlight of a tasting menu that can run more than $400 per person. All the beef dishes at the restaurant are made with culled dairy meat; at the Stone Barns store, frozen strip-loin steaks are $24 a pound.

Persons: It’s, Dan Barber Organizations: Meat Company, Stone Locations: Europe, United States, Portugal, Spain, France, Marin County, Calif, Stone Barns, Tarrytown, N.Y, Stone, Pocantico

☆ Meet the typical new entrepreneur: A young woman living in the South who's doing it as a side hustle
▼ + stars: | 2024-04-24 | by ( Jacob Zinkula | Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

The newest entrepreneurs are both young and old and looking to grow their wealth through their businesses. The share of new Hispanic entrepreneurs rose from 8% in 2022 to 13% in 2023, Gusto found. Many new entrepreneurs are open to using AI tools and hiring remote workers, per the Gusto survey. The share of entrepreneurs who started a business while juggling another gig rose from 27% in 2022 to 44% in 2023. The Babson report found that most US entrepreneurs, 71%, were motivated by the prospect of boosting their wealth through their businesses.

Persons: They're, —, Ewing Marion, Luke Pardue, Babson, Entrepreneurship isn't Organizations: Service, Bureau of Labor Statistics, Babson College, Midwest Women, Pew Research Center, Ewing Marion Kauffman Foundation, Bureau, Kauffman Foundation, Entrepreneurs, Business Administration, Entrepreneurship Locations: Midwest, New Hampshire, Minnesota, Montana, Northeast, West

☆ Live Updates: Biden Speaks About Aid Package for Ukraine and Israel
▼ + stars: | 2024-04-24 | by ( Zolan Kanno-Youngs | ) www.nytimes.com time to read: +7 min

Artillery ammunition has been in short supply for the Ukrainian military for more than a year. Now that the Senate has approved a nearly $61 billion aid package to Ukraine, and with President Biden poised to sign it, desperately needed American weapons could be arriving on the battlefield within days. The Senate has approved a nearly $61 billion aid package to Ukraine. The Pentagon has prepared what a U.S. official said on Tuesday was a $1 billion military aid package to be rushed to Ukraine once Mr. Biden signs the funding bill. Jens Stoltenberg, NATO’s secretary general, said on Tuesday that the American aid package would allow for “advanced air-defense systems” to Ukraine but did not specify which kind.

Persons: Biden, Yehor Cherniev, Volodymyr Zelensky, Zelensky, Mr, —, Doug Mills, ATACMS, Lynsey Addario, Jens Stoltenberg, Stoltenberg, Mark Warner, ” Mr, Brendan Hoffman, Oksana Markarova, Markarova, “, Ms Organizations: Artillery, House Republicans, Ukrainian, Tactical Missile Systems, New York Times Artillery, NATO, Pentagon, U.S, Reuters, Artillery Rocket Systems, The New York Times, Patriot, “, Air Force, Democrat, Senate Intelligence, NBC, ., The New York Times Weapons, Ukrainska Pravda Locations: Donetsk, Ukraine, Russian, Russia, United, Kherson, United States, Germany, ”, American, Virginia, Kyiv, Ukraine’s, Europe

☆ Aid to Ukraine Is on the Way. Here’s How It Might Help.
▼ + stars: | 2024-04-24 | by ( Lara Jakes | ) www.nytimes.com time to read: 1 min

Now that the Senate has approved a nearly $61 billion aid package to Ukraine, and with President Biden poised to sign it, desperately needed American weapons could be arriving on the battlefield within days. The weapons package — which has been delayed over political wrangling by House Republicans since last fall — is “a lifeline” for Kyiv’s military, said Yehor Cherniev, the deputy chairman of the Ukrainian Parliament’s national security committee. But it will not include everything that President Volodymyr Zelensky of Ukraine has asked for as his military struggles to hold firm after two years of war against invading Russian forces. Here is a look at what Ukraine says it needs, what it is expected to get in the American aid package and whether it will be enough to make an immediate difference.

Persons: Biden, Yehor Cherniev, Volodymyr Zelensky Organizations: House Republicans, Ukrainian Locations: Ukraine, Russian

☆ Middle East Crisis Review of U.N. Agency Prompts New Calls to Restore Its Funding
▼ + stars: | 2024-04-23 | by ( Patrick Kingsley | Matt Surman | ) www.nytimes.com time to read: +4 min

The United Nations had commissioned an independent review of the agency in January, before Israel circulated its claims, but those charges gave added significance to the inquiry, whose findings were released on Monday. The report issued a series of recommendations for the agency to protect its neutrality, but said that “Israel has yet to provide supporting evidence” for its accusation that a significant number of agency employees are members of terrorist organizations. The United Nations has fired 10 of the 12 employees accused by Israel. Ireland, which has strongly condemned Israel’s campaign in Gaza, increased aid to UNRWA as other countries were cutting it, he noted. UNRWA has argued that Israel has targeted it with a “deliberate and concerted campaign” to undermine its operations when its services are most needed.

Persons: Israel, Stéphane, António Guterres, Guterres, “, Caroline Gennez, ”, Micheál Martin, Israel’s, Japan —, Matthew Miller, Biden, ” Mr, Miller, Benjamin Netanyahu Organizations: The United Nations, United Nations, UNRWA, United, State Department, ”, European Union Locations: United States, Gaza, Israel, United, Palestine, Belgium, Ireland, Australia, Canada, Japan

Search resuls for: "Lifeline"

25 mentions found