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Joe Biden delivers remarks on May 8, in Sturtevant, Wis. on May 8. (AP Photo/Evan Vucci) Evan Vucci/APPresident Joe Biden said he would halt some shipments of US weapons to Israel if Prime Minister Benjamin Netanyahu orders a major invasion of the city of Rafah. “Civilians have been killed in Gaza as a consequence of those bombs and other ways in which they go after population centers,” Biden told CNN’s Erin Burnett in an exclusive interview, referring to 2,000-pound bombs that Biden paused shipments of last week. Biden's comments echo global alarm mounting over Israel's moves in Rafah, where more than 1 million Palestinians have fled and Hamas is believed to have regrouped after Israel’s destruction of much of the strip’s north. The Israeli military's operation in Rafah has expanded from airstrikes to ground operations, which include bulldozing, new satellite imagery obtained by CNN from Planet Labs shows.
Persons: Joe Biden, Evan Vucci, Benjamin Netanyahu, ” Biden, CNN’s Erin Burnett Organizations: Biden, CNN, Planet Labs Locations: Sturtevant, Wis, Israel, Rafah, Gaza, Israeli
India’s half-hour zone dates back to colonial rule of India and the era when ever-faster steamships and trains were shrinking the world. The start of the 20th century saw some push from scientific associations to calibrate India’s time to GMT. That recommendation was rejected by the colonial government, which opted for a unified time that sat squarely in the middle: five and a half hours ahead of GMT. In 2015, North Korea moved out of sync with South Korea by creating “Pyongyang Time,” putting the country eight and a half hours ahead of GMT instead of nine. India’s colonial-era time zone decision making, however, reflected a chorus of political, scientific and commercial voices both from within the government and outside of it, Gordon says.
Persons: Hulton, , Geoff Gordon, Gordon, , it’s, Wong Maye, Hugo Chávez, Nicolas Maduro, Terry Gilliam, Rube Goldberg, Maulik Jagnani, Jagnani Organizations: CNN, East India Company, Hulton Deutsch, University of Amsterdam, Madras, Washington D.C, Greenwich Meridian, Greenwich Observatory, Meridian, Royal Society, Prime Meridian, Physical Laboratory, Tufts University, NPL Locations: New York, London, Tokyo, Iran, Myanmar, Australia, India, British, Madras, Chennai, , Bombay, Kolkata, Washington, London ., Greenwich, North Korea, South Korea, Korea, Pyongyang, Brazil, , Greenwich , London, China, Assam, Arunachal Pradesh, Gujarat
Oil rises on U.S. crude storage draw, Fed rate cut hopes
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: +1 min
An oil pump jack at the New Harmony Oil Field in Grayville, Illinois, US, on Sunday, June 19, 2022. Oil prices rose in early trade on Thursday as shrinking U.S. crude inventories signaled tighter supply, and amid rising hopes that the Federal Reserve would cut interest rates by the end of the year. Crude inventories dropped last week by 1.4 million barrels to 459.5 million barrels, according to the Energy Information Administration, more than analysts' expectations in a Reuters poll for a 1.1 million-barrel draw as refinery activity increased. Increasing expectations that the U.S. central bank will cut interest rates by year end after weaker-than-expected U.S. jobs data also boosted oil prices. Lower interest rates can increase spending on crude oil.
Organizations: New Harmony Oil, Federal Reserve, Brent, . West Texas, Energy Information Administration, EIA Locations: Grayville , Illinois, U.S, Gaza, Israel
CNN —Miss Teen USA resigned Wednesday, sending further shock waves through the pageant community just days after Miss USA said she would relinquish her crown. In an Instagram post Wednesday, Miss Teen USA UmaSofia Srivastava said her “personal values no longer fully align with the direction of the organization.”“After months of grappling with this decision, I have made the choice to resign from the title of Miss Teen USA 2023,” wrote Srivastava in a statement on her personal account. Srivastava and the Miss Universe and Miss USA organizations did not immediately respond to CNN’s requests for comment. Voigt recently resigned from her Miss USA title. On Monday, Noelia Voigt stepped down from her Miss USA title, citing her mental health.
Persons: Miss Teen USA UmaSofia Srivastava, ” “, , Srivastava, , Noelia Voigt, Voigt, Hector Vivas, Claudia Michelle, Michelle Organizations: CNN, Miss Teen USA, Miss USA, Miss Teen, New Jersey, National Honor Society, Miss, 72nd Miss, El, Miss USA Organization, USA Locations: New, Miss USA, El Salvador, Venezuelan American, Utah, United States
CNN —A jury has awarded $9 million in damages to a tennis player after a court ruled that the United States Tennis Association (USTA) failed to protect her from being sexually assaulted by a coach. “My confidence and my self-esteem was gone,” McKenzie said, “both on and off the court.”On Monday, a jury awarded McKenzie $3 million in compensation and $6 million in punitive damages. Shortly after, Aranda began to coach McKenzie. McKenzie alleges that Aranda remarked on her physical appearance, inquired about her personal life and would instigate inappropriate physical contact with her. With each serve repetition, Coach Aranda would press harder and harder against Plaintiff’s body to the point where Plaintiff would almost tip forward and lose her balance,” the lawsuit says.
Persons: Kylie McKenzie, Anibal Aranda –, , McKenzie, Aranda, ” McKenzie, , Chris Widmaier, , ” Widmaier, Michael Chow, Robert Allard, McKenzie “, Aranda’s, Anibal Aranda, John Raoux, Aranda groped, Jane Doe ”, Jane Doe Organizations: CNN, United States Tennis Association, USTA, Court, Athletic, USA, AP, US Center, SafeSport Locations: American, Orlando , Florida, Arizona, Republic, Orlando, Aranda, New York
Cancer rates in people under 45 have surged over the past two decades, researchers found. AdvertisementNew evidence shows how sharply colon cancer rates are skyrocketing in people younger than 45. A team of researchers led by Dr. Islam Mohamed, a physician at the University of Missouri-Kansas City, analyzed CDC data on colon cancer incidence in Americans aged 10 to 44 over two decades. They found that cases have more than tripled in teenagers and more than doubled for people in their early 20s. This story is available exclusively to Business Insider subscribers.
Persons: , Dr, Islam Mohamed Organizations: Service, University of Missouri, Kansas City, Business Locations: Kansas
In APAC alone, there was a surge in deepfakes by 1530% from 2022 to 2023, according to a Sumsub report. But one top expert is going against the grain, suggesting instead that the threat deep fakes pose to democracy may be "overblown." However, new generative AI tools do "threaten to make the generation of fake content easier," he added. In any case, it is unlikely that the generation of content is limiting attackers," Lee said. Experts have previously told CNBC that they expect AI-generated disinformation to be a key risk in upcoming elections around the world.
Persons: Martin Lee, Lee Organizations: Cisco's, CNBC Locations: deepfakes
Could Trump's next courtroom outburst or gag-violating Truth Social post really be the final straw that gets him locked up on contempt of court? "You get more due process" when you commit an act of contempt outside the courtroom, Levine said. "It's when the judge calls the court officers and tells them to surround the defendant so that he doesn't try to walk out of the courtroom." AdvertisementBut Trump already has at least two court officers standing behind him at all times in Merchan's courtroom, for his own protection. Reality will instead set in when the judge gives what's usually the final instruction to the court officers, "Take charge," Galluzzo said.
Persons: Trump, , audibly, Stormy Daniels, Donald Trump, misbehaving, Trump's, Juan Merchan, Arthur Aidala, Harvey Weinstein, Weinstein, Aidala, Arnold Levine, Levine, heckles Daniels, Matthew Galluzzo, Galluzzo, Daniel Scott, who's, Scott, Joe Schmoe, Daniels Organizations: Service, , New, Trump, Legal Aid Society of New York, Defense Task Force, Secret Service Locations: ,, Manhattan, Merchan's, Merchan, Trump
At 3 a.m. one day last December, a 78-year-old volunteer for the British Conservative Party was reportedly woken by a call from Mark Menzies, the Conservative lawmaker she worked for. The volunteer, a former campaign manager for Mr. Menzies, paid the sum out of her own savings. Mr. Menzies, who was suspended from the party last month, denies that allegation and others, which include using £14,000 from party funds for personal medical bills. Yet the affair epitomizes a Conservative Party in crisis. Lord Salisbury, Stanley Baldwin, Winston Churchill and Margaret Thatcher led the Conservative Party for more or less 15 years.
Persons: Mark Menzies, , Menzies, Rishi Sunak, Mr, Sunak, Lord Salisbury, Stanley Baldwin, Winston Churchill, Margaret Thatcher, Organizations: British Conservative Party, Conservative, Conservative Party, Tories, Conservatives, Labour Party, Tory Locations: England, Wales
All-inclusive hotels are making a big play for luxury travelers. In the wake of the pandemic, demand for all-inclusive resorts skyrocketed, according to a report by JLL Research Hotels & Hospitality. It was then that travelers discovered that the all-inclusive resorts of the past — known for bottom-shelf booze and quantity-over-quality dining — had changed. The numbers are even higher in Mexico, where upper upscale and luxury all-inclusive resorts accounted for more than half (55%) of its all-inclusive resorts in 2022. "In addition to elements that you receive by booking an all-inclusive resort, private and additional amenities help to elevate that experience."
Persons: Travelers —, Karina Arguello, Kelly Connor, they're, Saint Vincent, Cooper Organizations: JLL Research, Hospitality, Travelers, Marriott, Hilton, Westin, Casino, Med, AAA Club Alliance, Royal Locations: Dominican Republic, Mexico, JLL, DoubleTree, Maldives, Mauritius, Italy, France, Tignes, Caribbean, New Jersey, Grenadines, Royal Curacao, They're
Her evidence on Tuesday was deeply embarrassing for Trump and drew an aggressive cross-examination from his attorney trying to shatter Daniels’ credibility. Merchan also instructed Trump’s attorney, Todd Blanche, to rein in his client after complaining that the defendant had cursed audibly and shaken his head during Daniels’ testimony. So far, Trump — who has launched searing attacks on the judge — has managed to refrain from openly attacking Daniels since she took the stand. And her appearance is only an appetizer for expected explosive evidence in the coming days of the biggest star witness, Trump’s former lawyer and fixer Michael Cohen. The coming days will therefore require qualities that Trump has always struggled to demonstrate in a riotous life in business and politics: restraint and self-discipline.
Persons: Donald Trump, Stormy Daniels, Trump, Daniels, Judge Juan Merchan, Merchan, Todd Blanche, , Michael Cohen, Cohen, he’d, ” Daniels, Sarah Matthews, CNN’s Jim Acosta, , He’s, ” Matthews, Matthews, ” Trump, he’s, Arthur Engoron, Engoron, Trump’s, Jean Carroll Organizations: CNN, Trump, Trump —, White, Trump White House, Prosecutors, Trump Organization Locations: Florida, Lake Tahoe, misbehave
Huawei's new phone uses more China-made parts, memory chip
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: +2 min
Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency. Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency. Online tech repair company iFixit and consultancy TechSearch International examined the inside of Huawei Technologies' Pura 70 Pro for Reuters, finding a NAND memory chip they said was likely packaged by the Chinese telecoms equipment maker's in-house chip unit HiSilicon and several other components made by Chinese suppliers. Huawei's resurgence in the high-end smartphone market after four years of U.S. sanctions is being widely watched by both rivals and U.S. politicians as it has become a symbol of growing U.S.-China trade frictions and China's bid for technology self-sufficiency. Huawei launched the Pura 70's four smartphone models in late April and the series quickly sold out.
Persons: Huawei's, Shahram Mokhtari, Mokhtari Organizations: TechSearch International, Huawei Technologies, Pura, Pro, Reuters, Huawei, Kirin, Apple Locations: China, U.S, Washington
Will McDonough, CEO of merchant bank Corestone Capital, says he has "not seen this level of interest and conversation on copper." "Any population growth or industrial growth leads to growth in copper demand. And with the whole battery and electrification movement, there is going to be so much demand for lithium and copper that the company can benefit from," the investment manager said. Copper futures Aside from stocks, McDonough suggests buying copper futures as a good way to play the opportunities in the copper market and the rising demand for the metal. "I think that the price of copper is way under-appreciated.
Persons: Will McDonough, McDonough, SQM Organizations: CNBC Pro, New York Stock Exchange, Sociedad, Minera de Chile SA, BHP Locations: Minera, Chilean
Read previewWhen Airbnb started, CEO Brian Chesky said its tagline "was a cheap, affordable alternative to a hotel" — but customers aren't finding it so cheap anymore. Customers have complained on social media about the rising cost of Airbnb due to booking costs and cleaning fees. Advertisement"A year and a half ago, we noticed that, you know, there was a lot of concern about Airbnb prices increasing," Chesky said. According to the CEO, two million hosts now use the compare listing. Chesky also said Airbnb started offering monthly and weekly discounts for guests with longer stays.
Persons: , Airbnb, Brian Chesky, you've, Chesky, it's Organizations: Service, Business
Russian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2022. Mikhail Metzel | Sputnik | ReutersRussia kicked off its 79th "Victory Day" military parade on Thursday as the war with Ukraine rumbles on into a third year. Russian paratroopers march during the Victory Day Red Square Parade on May 9, 2023 in Moscow, Russia. He said participants in the "special military operation" — code for the Russian war against Ukraine — are also marching this year. The Yars ballistic missiles take part in a rehearsal of the Victory Day parade in Moscow, Russia, May 7, 2022.
Persons: Vladimir Putin, Mikhail Metzel, Suvorov, Sergei Shoigu, Ukraine —, Bai Xueqi, Alexander Lukashenko, Anatolii STEPANOV, ANATOLII STEPANOV, Stepanov Organizations: Nazi, Sputnik, Reuters, Kremlin, Getty, Youth Army, Russian Defense, Ukraine, Russian Air, Xinhua News Agency, West, NATO, Afp Locations: Nazi Germany, Red, Moscow, Russia, Reuters Russia, Ukraine, Belarus, Kazakhstan, Tajikistan, Turkmenistan, Cuba, North Korea, Iran, China, Kostyantynivka, Donetsk, AFP
While I dread these altercations, I think some passengers need to chill out — people have the right to recline their seat. So, you’d think that 150 lighter seats per flight will certainly save an airline a ton of money. A lighter seat that doesn’t recline is also a seat that is less likely to break, which saves an airline money in repairs. But after 28 years in the job, I’ve found there’s some basic reclining etiquette that makes for a smoother flight for everyone. But on coach, middle seat passengers struggle to type because there’s no arm space.
Persons: Heather Poole, Read, , Coke, , he’s, you’ll, “ I’ve, aren’t, I’ve, it’s, Shaquille O’Neal Organizations: Passengers, CNN, Air, American Airlines Locations: London, New York, Air France, Europe
Learn moreThe 2024 Italian Open has arrived, following a bumpy few weeks that saw multiple injury-related upsets plague the ATP tour. Below, we'll break down everything you need to know about the 2024 tournament, including where to watch the Italian Open and when the can't-miss ATP and WTA matches air. Alcaraz and Sinner will sit out the Italian Open, but Medvedev (who won the 2023 competition) is scheduled to play on Friday. Shop at SlingWhere to watch the Italian Open in the UKThe Italian Open is available to watch through Sky Sports in the UK. Where to watch the Italian Open in New ZealandStarting on Sunday, New Zealanders can catch the women's matches live through TVNZ.
Persons: Carlos Alcaraz, Daniil Medvedev, Alcaraz, Medvedev, Rafael Nadal, Novak Djokovic, Elena Rybakina, Iga Świątek, Naomi Osaka, Coco Gauff, Świątek, Aryna, you've, Marta Kostyuk, Magdalena Fręch, Iga, Bernarda Pera, AWST, ExpressVPN Organizations: Business, WTA, BNL, ATP, Madrid, Sky Sports, TVNZ, Tennis Channel, Sling, Tennis Locations: Italian, New Zealand, ExpressVPN, New Zealanders, Zealand
That's because, taken together, the two primary Social Security funds are set to only be able to pay out full benefits through 2035; the Old-Age and Survivors Insurance Trust Fund, one of the main funds comprising Social Security, will start getting depleted in 2033. AdvertisementIn other words, the moment that today's older Gen Xers are ready to retire, their Social Security benefits could start to shrink. Gen Xers — born from 1965 to 1980 — have been deemed the country's "neglected middle child" by the Pew Research Center. And among the different generations, Gen Xers were the most likely to report that they were feeling financially insecure. That could set the stage for the new crop of Gen X retirees to arrive in an already-precarious retirement economy.
Persons: , Gen X, Xers, Gen Xers —, YouGov —, Gen Xers, X, Gen Zers, Gen, Michele Raneri, aren't, Xer Organizations: Service, Gen, Social Security, Insurance Trust Fund, Business, Security, Pew Research Center, of Congress, Millennials, TransUnion, Survey, Alliance, Lifetime, Income
RFK Jr. said in a 2012 divorce deposition that doctors found a dead worm in his brain. "I offer to eat 5 more brain worms and still beat President Trump and President Biden in a debate," he said. Kennedy said on Wednesday that he's confident of winning a presidential debate even if he were to eat a couple more of those "brain worms." "I offer to eat 5 more brain worms and still beat President Trump and President Biden in a debate," Kennedy wrote in a post on X. Kennedy claimed that doctors found a dead worm in his brain during his divorce deposition in 2012, per The Times.
Persons: Trump, Biden, , Robert F, Kennedy Jr, Kennedy, Kennedy's, Stefanie Spear, Mr, Joe Biden, Donald Trump, Spear, Bill Ackman, Jack Dorsey, He's, Nicole Shanahan, Sergey Brin, Kennedy didn't Organizations: RFK Jr, Service, The New York Times, Times, BI, , Biden, Trump, White Locations: Africa, South America, Asia
This is in part the doing of so-called "golden visas," hugely popular residency visas for foreign investors. And they purchased more Portuguese golden visas than any other nationality in 2022. Related storiesBut as Portugal has experienced a worsening housing affordability crisis, Portuguese public opinion on golden visas has soured. Last year, the country changed the terms of its golden visa program to exclude real estate investment. Other southern European countries are following suit, similarly pointing to skyrocketing real estate prices.
Persons: , They're, they're, João Pereira dos Santos, Pereira dos Santos, Nuno Fazenda, Holger Schmieding, Schmieding, David Zorrakino Organizations: Service, Business, The New York Times, School of Economics, Finance, Queen Mary University of London, State, Tourism, Trade, Services, Bloomberg, Berenberg Bank, Getty, European Central Bank, Paris Locations: Greece, Portugal, Tourism, Lisbon, Athens, Spain, Southern Europe, Portuguese, London, Ramblas, Barcelona, Catalonia, Europe, Germany, Netherlands, France
BRUSSELS, Belgium — European diplomats have already started key negotiations on who will take the main jobs at the European Union following elections next month. Voters across the 27-member EU are heading to the polls between June 6 and 9 to choose the next set of representatives in the European Parliament. The very top EU jobs, which aren't directly elected, then get dished out in the weeks following. Diplomats within the EU are already trying to figure out who will be leading the three big institutions in the coming years: The European Commission, the European Council and the European Parliament. "Von der Leyen has a lot of support from European heads of state," one of the three sources told CNBC via telephone.
Persons: aren't, Ursula von der Leyen, Von der Leyen, Emmanuel Macron, Christine Lagarde Organizations: European, Voters, EU, Parliament, Diplomats, European Commission, European Council, CNBC, European Central Bank Locations: BRUSSELS, Belgium, policymaking, Brussels
CNN —A US Air Force rescue team airlifted a civilian passenger needing urgent medical care this past weekend from a Carnival cruise ship that was hundreds of miles out in open Atlantic waters. The dramatic May 4 medical rescue involved three helicopter air-to-air refuelings to reach the Carnival Venezia, according to a news release from the 920th Rescue Wing. The mission was carried out by two HH-60G Pave Hawk helicopters, two HC-130J Combat King II aircraft and two teams of rescuers. When the aircraft arrived, rescuers were hoisted down from the helicopters and began preparing the patient for transport, the release said. Neither the 920th Rescue Wing nor the cruise line had further information about the patient’s condition or where he was taken for treatment.
Persons: , Dylan Gann, CNN’s Karla Cripps Organizations: CNN, US Air Force, Carnival Venezia, 920th Rescue Wing, Venezia, Patrick Space Force, HC, 130J, King, HH, U.S . Department of Defense, 920th, Wing, 301st Rescue Squadron, ” Carnival, CNN Travel, Air Force, US Coast Guard Locations: New York City, Bahamas, Caribbean, Florida, New York
‘Aha’ momentCynthia Wilson and her husband Craig Bjork relocated from the US to Marinha Grande, situated in the Leiria District of Portugal, just over two years ago. Community spiritThe couple celebrate Wilson's first birthday in Portugal with friends. “My Portuguese friends taught me that you have to first recognize their humanity,” says Wilson. There’s no place for that.”Wilson has warmly embraced the Portuguese way of life, particularly the focus on food, which has long been a big part of her life. Doing something odd.”Wilson and Bjork say that they’ve had “zero problems” since relocating to Portugal and couldn’t be happier.
Persons: CNN — They’d, Cynthia Wilson, Craig Bjork, Wilson, , I’ve, ” Wilson, , Bjork, , it’s, Wilson's, , Cynthia Wilson “ Retirement’s, that’s, I’m, hasn’t, ” “, , they’ve, Dulce Silva, Sérgio Carvalho, grandly, Rainha Joia, Maria da Silva, Cynthia Wilson Wilson, “ There’s, couldn’t Organizations: CNN, CNN Travel, Facebook Locations: Portugal, Europe, Seattle, Estonia, Marinha, Leiria District, Lisbon, Kansas, Wichita , Kansas, Marinha Grande, Porto, Algarve, San Francisco, Manhattan, Florabela, America,
Power’s 2024 North American Airline Satisfaction Study. Power hasn’t revealed an overall North American airline passenger satisfaction score, with Mike Taylor, travel intelligence lead at J.D. Power’s top North American airlines for economy passengers1. Power’s top North American airlines for premium economy passengers1. Power’s top North American airlines for first/business passengers1.
Persons: , Power hasn’t, Mike Taylor, That’s, Tony Gutierrez, , Taylor, , ” Taylor Organizations: CNN, North, Southwest Airlines, Southwest, Delta Air Lines, Delta, JetBlue, AP, ” Airlines, Allegiant, Alaska Airlines, JetBlue Airways, American Airlines, United Airlines, Air Canada, Spirit Airlines, Frontier Airlines, Delta Air, . Alaska Airlines, Air Locations: ., J.D, Power, Delta, North America
The Macy's logo is seen at its store in Herald Square in New York City on Jan. 19, 2024. "Through our investigation, we found that Rehana's Cosmetics was well-known to shoplifters, who would willingly bring them stolen items," Bragg said. Manhattan District Attorney Alvin Bragg announced an indictment relating to more than $1 million in stolen goods as part of a retail theft fencing operation. The charges come as retailers such as Target and Ulta increasingly cite theft as a growing problem at their stores. In March, a monthslong CNBC investigation showed how police broke up an organized retail crime ring that stole millions in cosmetics from Ulta stores and resold them on Amazon .
Persons: shoplifters, Bragg, Rehana's, Alvin Bragg, Attorney Alvin Bragg Organizations: Empire, Manhattan, Attorney, CNBC, Attorney's Office, CVS, Manhattan District Locations: New York City, Midtown Manhattan, borough's, New York
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