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☆ Tesla quietly spent $2 million on a technology Elon Musk previously trashed as a 'fool's errand'
▼ + stars: | 2024-05-08 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewTesla spent around $2 million on lidar, a technology used in EVs that Elon Musk has previously referred to as a "fool's errand" and that any carmakers relying on it are "doomed." But according to a recent earnings report from lidar manufacturer Luminar, Tesla was its largest customer last quarter and "comprised more than 10%" of its revenue during the period. The CEO said Tesla EVs only rely on camera-based vision systems for driver-assist features. The Tesla CEO said he personally ran a project at SpaceX to create lidar sensors to help navigation. Last year, Tesla recalled over 2 million vehicles after regulators said its Autopilot system didn't protect enough against drivers misusing it.

Persons: —, Tesla, Elon Musk, Luminar, Lidar, lidar, Musk, Elon Musk's Organizations: Service, Business, Systems, SpaceX, Tesla, Luminar, Traffic Safety Administration, US Department of Justice Locations: EVs, Tesla's

☆ Disney shares tumble on light guidance. But here's why we're raising our price target
▼ + stars: | 2024-05-07 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Disney Why we own it: We value Disney for its best-in-class experiential entertainment Parks business, which has proven to have immense pricing power. In the second quarter, the combined business — Disney+, India's Disney+ Hotstar, Hulu and ESPN+ — saw losses of $18 million, far better than the $659 million loss in the year-ago period. DTC profitability benefited from Disney+ core subscriber growth, higher retail subscription prices, increased advertising revenue on the back of higher impressions, and lower distribution costs. Clearly, Disney still has a big opportunity in sports as they execute on their DTC streaming strategy for ESPN. The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.

Persons: —, Nelson Peltz, wouldn't, Hugh Johnston, Jim Cramer's, Jim Cramer, Jim, Presley Ann Organizations: Club, Revenue, LSEG, Disney, Parks, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, CNBC, seasonality, Entertainment, Hulu, Hulu Live, Sports ESPN, College Football, National Football League, Walt Disney World, Disney Cruise, Disneyland, Hong Kong, Getty Locations: Hulu, India, Florida, California, Hong, Los Angeles

☆ Chinese warplane fired flares, put Australian Navy helicopter in danger, Canberra says
▼ + stars: | 2024-05-06 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

The Chinese jet “dropped flares about 300 meters (984 feet) in front of the Seahawk helicopter and about 60 meters (197 feet) above it,” Marles said in an interview with 9 News on Monday. The MH-60 Seahawk is a twin-engine helicopter and carries a crew of three, according to the Australian Navy. “They’re in international waters, international airspace, and they’re doing work to ensure that the sanctions that the world has imposed through the United Nations on North Korea, due to their intransient and reckless behavior, are enforced,” the prime minister told CNN affiliate Nine News. According to Australian public broadcaster ABC, Australian Navy Vice Adm. Mark Hammond raised the Toowoomba incident in a meeting with Chinese navy Adm. Hu Zhongming at an international naval symposium in Qingdao. Earlier in 2022, Australia said a Chinese warship used a laser to “illuminate” an Australian P-8A aircraft in waters north of Australia.

Persons: Anthony Albanese, Richard Marles, ” Marles, Albanese, “, ” Albanese, “ We’ve, ”, Maj, Rob Millen, Peter Dutton, Xi Jinping, ” Dutton, Mark Hammond, Hu Zhongming, Hammond Organizations: South Korea CNN —, Seahawk, Nations, Defense Ministry, Australian Defense, Australian Navy, United Nations, North, Australian Defense Ministry, CNN, Nine, Royal Canadian Navy, Australian Defence Force, Nine News, Australian, ABC, ” ABC, Pilots Locations: Seoul, South Korea, South Korea CNN — Australia, North Korea, Canberra, Beijing, China, Canadian, South, Ottawa, Australia, Philippines, Japan, United States, Chinese, Toowoomba, Qingdao, “, South China Sea, ”, Australian

Great Barrier Reef, Australia CNN —As the early-morning sun rises over the Great Barrier Reef, its light pierces the turquoise waters of a shallow lagoon, bringing more than a dozen turtles to life. CNN witnessed bleaching on the Great Barrier Reef in mid-February, on five different reefs spanning the northern and southern parts of the 2,300-kilometer (1,400-mile) ecosystem. “It’s a die-off,” said Professor Ove Hoegh-Guldberg, a climate scientist at the University of Queensland in Australia and chief scientist at The Great Barrier Reef Foundation. Our destination is Lady Elliot Island, a remote coral cay perched on top of the southern end of the Great Barrier Reef. — Lady Elliot Island Eco Resort Guano miners once stripped Lady Elliot Island of its topsoil.

Persons: Elliot Island, ”, Kate Quigley, “ We’re, Ove Hoegh, I’m, Guldberg, ‘, Elliot, Peter Gash, “, ” Gash, Lady Elliot, ” Peter Gash, CNN Gash, Derek Manzello, Peter Harrison, “ We’ve, ” Harrison, ” David Ritter, ” Ritter, David Wachenfeld Organizations: Australia CNN —, Atmospheric Administration, NOAA, CNN, Minderoo, University of Queensland, Eco, Reef Watch, Southern Cross University, Australian Institute of Marine Science, Greenpeace, Australia CNN Scientists, AIMS Locations: Australia, El, Brisbane, Queensland, Red Sea, Indonesia, Seychelles, Caribbean, Florida, “, New South Wales, Greenpeace Australia, Briggs, Elliot Island

For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans. Opinion Guest Essay Make Billionaires Pay (Their Taxes)Until recently, it was hard to know just how good the superrich are at avoiding taxes. Let’s agree that billionaires should pay income taxes equivalent to a small portion — say, 2 percent — of their wealth each year. Billionaires who already pay the baseline amount of income tax would have no extra tax to pay. The idea that billionaires should pay a minimum amount of income tax is not a radical idea.

Persons: Emmanuel Saez, Gabriel Zucman, we’ve, Demetrio Guzzardi, Jeff Bezos, Bezos, Berkshire Hathaway, Warren Buffett, Elon Musk, Bernard Arnault, Arnault’s, Arnault, Reagan, Critics, haven’t, Biden Organizations: Government, Social Security, European Economic Association, Institut des Politiques, Economic, Amazon, Elon, Twitter, Shepard, Getty, Trump, Internal, Abaca, New York, Facebook Locations: United States, Netherlands, States Netherlands Italy France, Italy, France, Tesla, LVMH, America, Europe, Sweden, Germany, Switzerland, U.S, Brazil, South Africa, Spain

☆ Mass fish die-off in Vietnam as heatwave roasts Southeast Asia
▼ + stars: | 2024-05-02 | by ( Amarachi Orie | ) edition.cnn.com time to read: +2 min

CNN —A mass fish die-off in a reservoir in southern Vietnam’s Dong Nai province has shone a new light on soaring temperatures in Southeast Asia. Fishermen have been working to wade through and collect the hundreds of thousands of dead fish that have blanketed the 300-hectare Song May reservoir amid a ferocious heatwave. Local media has suggested that as many as 200 tons’ worth perished after a failed attempt to renovate the reservoir, according to AFP. A fisherman deep in the reservoir collecting the dead fish surrounding him. Authorities are investigating the mass die-off as efforts continue to remove the dead fish, AFP said.

Persons: “, Nghia, Tuoi Tre Organizations: CNN, Getty, AFP, Nghia, Authorities Locations: Dong Nai, Southeast Asia, Vietnam’s, AFP, Bom, Vinh Cuu

Whispering in the ears of the billionaires and celebrities doing the buying, however, are investment bankers. Like other sports bankers BI interviewed for our list of top sports bankers, he exemplified a good-humored, approachable attitude, including joking about his many sports allegiances. Related stories"Earlier in my career, I made the mistake of telling Bob Kraft that I was a New York Jets fan," Carey told BI recently. They're obsessive Jets fans, and they're just fans because I'm a Jets fan," Neville told BI. So that's why we'll be Jets fans forever."

Persons: it's, Goldman Sachs, Greg Carey, everyone's, Carey, Colin Neville's, he's, David Beckham, Steve Ballmer, Joe Tsai, Ballmer, Tsai, Neville, Andrew Kline, Kline, Bob Kraft, I'm, Robert Tilliss, There's, Abramovich, Vladimir Putin, Todd Boehly, Joe Lenehan, Michael Arougheti, David Rubenstein's, doesn't, there's Organizations: NBA, JPMorgan, Business, The, PJT Partners, Chelsea FC, Baltimore Orioles, Sports, Goldman, Endeavor, WWE, Microsoft, Beckham's, Los Angeles Clippers, Brooklyn Nets, Barclays Center, St, Louis Rams, Los Angeles Rams, Golden State Warriors, Miami Heat, Harvard, US Rugby National, Cal, New York Jets, BI, Patriots, Giants, Rays, Chelsea, Circle, Atlanta Hawks NBA, New York Mets, NFL, soccer's Premier League, Russian, Chelsea football, LA Dodgers, Yankees, Manchester United Games, Jets, we'll Locations: European, Los Angeles, Berkeley, Barcelona, Ukraine, New York

☆ Global military spending hit all-time high in 2023 after 7% jump, report finds
▼ + stars: | 2024-04-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

The figure marked a 6.8% increase from 2022 and the sharpest year-on-year jump since 2009, the institute said in a report on military spending trends. "The unprecedented rise in military spending is a direct response to the global deterioration in peace and security," Nan Tian, senior researcher in SIPRI's military expenditure and arms production programme, said in a statement. Military expenditure has been rising for nine years straight, and military spending bolstered in all regions of the world for the first time since 2009, the report found. Ukraine's military spending meanwhile totaled around $64.8 billion — around 59% the amount of Russia's spending, but 37% of Ukraine's GDP, the report said. Tensions in the Middle East also significantly contributed to the overall rise in global military spending, the report said.

Persons: Nan Tian, spender, Lorenzo Scarazzato, Donald Trump, Jens Stoltenberg Organizations: 1st Tank Brigade, Ukrainian Ground Forces, Getty Images, Stockholm International Peace Research Institute, Kyiv, NATO, U.S Locations: Ukraine, Stockholm, Central America, Caribbean, Russia, China, U.S, East, Israel, Gaza

☆ What to see at the Venice Biennale 2024
▼ + stars: | 2024-04-18 | by ( Nicole Mowbray | ) edition.cnn.com time to read: +10 min

CNN —This week sees the opening of the Venice Biennale, an 8-month-long festival of art and culture staged every other year. For 2024 — the show’s 60th iteration — Brazilian curator Adriano Pedrosa has chosen the topic of “Foreigners Everywhere,” and announced an intention to spotlight artists from diverse and historically marginalized backgrounds. With the main event running from April 20 to November 24 2024, here’s our pick of what to see if you’re headed to Venice. “Willem de Kooning e l’Italia” — Willem de KooningThe show at Gallerie dell’Accademia will include 75 Willem de Kooning works, including "Screams of Children Come from Seagulls (Untitled XX)," 1975. Yoo Youngkuk Art FoundationThe first exhibition in Europe of one of Korea’s most influential artists, including many works never exhibited before outside Korea.

Persons: Adriano Pedrosa, ”, Pedrosa, —, you’re, “ Willem de Kooning, Willem de Kooning, Kooning, Gallerie, Nick, Berlinde De, Abbazia, Ewa Juszkiewicz Juszkiewicz, Élisabeth Vigée Le Brun, Palazzo, Palazzo Cavanis, Ai, Peter Hujar, della, Carolina, Marcel Duchamp, Franchetti, Cindy Sherman, Louise Bourgeois, Sarah Lucas, Irving Penn, Palazzo Franchetti, Marco “, Zoe Saldana, Marco Perego, Corita, Maurizio Cattelan, Pope Francis, Inuuteq Storch, Louise Wolthers, “, John Akomfrah, John Akmofrah, Yoo, Yoo Youngkuk, Stampalia, M.F, Husain, Picasso, Viktoria Bavykina, Max Gorbatskyi, Ai Weiwei Ai Weiwei, Ela Bialkowska, Ai Weiwei, Palazzo Smith, Koo Jeong, Koo, Rick Lowe, Lowe's, Lowe Organizations: CNN, Venice Biennale, Palazzo, Sun, Danish, British, Bangkok Art Biennale Foundation Locations: Venice, Italy, “, Refuge, ” City, San Giorgio Maggiore, San, New York, Santa, San Marco, Marco, Giudecca, Corita Kent, American, Greenland, Europe, Korea, India, Sale, Ukraine, Continua, Bangkok, Thailand, Laos, Cambodia, Vietnam, Myanmar, Singapore, Houston

☆ Nike's high-cut body suit for Team USA highlights the weird differences between men's and women's Olympic outfits
▼ + stars: | 2024-04-17 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +8 min

A Team USA bodysuit is reigniting a conversation about the design of women's athletic outfits. Following the reveal of the showy unitard, athletes quipped that they would definitely need a thorough wax to wear the women's piece. Jordana Katcher, Nike's vice president for global sports apparel, also told the Post that several women athletes had requested the unitard specifically. Black women athletes are often hyper-sexualized or painted as angry or evil. Women athletes in sports like gymnastics, volleyball, and track and field are sometimes expected to wear bikini bottoms or short leotards.

Persons: Lauren Fleshman, —, Tara Davis, Woodhall, Anna Cockrell, Stephanie Lecocq, Jordana, Queen Harrison, Claye —, Harrison, Claye, Marc Atkins, Fleshman, Naomi Osaka, Sha'Carri Richardson, Angel Reese, Caitlin Clark, Reese, Emmanuel Acho, Katie Moon, Voss, FABRICE COFFRINI, Organizations: Service, USA, Olympic, Washington Post, Reuters Nike, Nike, Business, Team USA, British, Getty, New York Times, BBC, International Handball Federation, Tokyo Locations: Washington, AFP, Norwegian

☆ 'You're never too young' to make this crucial money move, says BlackRock investing chief
▼ + stars: | 2024-04-15 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Talk to enough old-school investing types and you're bound to hear a classic aphorism come up again and again: There are no free lunches. For younger investors though, one thing comes close to the proverbial sandwich on the house, says Gargi Chaudhuri, chief investment and portfolio strategist, Americas, at BlackRock. You're never too young," she says. Start investing early to maximize returnsChaudhuri gets it if you're young and aren't yet thinking about retirement. If you're early on in your investing journey, you don't have to think about the ins and outs of life after working just yet.

Persons: they're, you'll, Gargi Chaudhuri, It's, Chaudhuri, you've Locations: Americas, BlackRock

“Their tactics have changed – unfortunately, not for the better for us,” Svitlana Grynchuk, Ukraine’s deputy energy minister, told CNN. In the first two years of war, Russian attacks were more scattered, firing salvos of missiles to target large swathes of Ukraine’s energy system. More than 200,000 people were left without power after Russian attacks Thursday. But Ukraine is now confronting a wholly different task: repairing not just substations, but entire power plants. Rather than rebuilding large – and, without air defenses, vulnerable – power plants, it may shift how it produces its energy.

Persons: ” Svitlana, –, ” Grynchuk, Oleksandr Kharchenko, ” Kharchenko, Rather, ” Maxim Timchenko, ”, Evgeniy, Kharchenko, ” Olena Pavlenko, Pavlenko, It’s, it’s, Herman Halushchenko, ” Halushchenko, Maria Tsaturian, Pilipey, Andriy Gota, ” Tsaturian, Grynchuk Organizations: CNN, Energy Industry Research Center, Workers, DiXi, Energy, “, Getty Locations: Ukraine, Russia, Kyiv, Russian, United, ”, Kharkiv, Ukrenergo, Ukraine’s, AFP

☆ 2024 Election Trump hits the campaign trail Saturday before the beginning of his trial Monday.
▼ + stars: | 2024-04-13 | by ( Chris Cameron | ) www.nytimes.com time to read: +5 min

During a campaign rally, Vice President Kamala Harris blamed former President Donald J. Trump for the Arizona Supreme Court’s ruling to uphold a near-total ban on abortion. Crowd: “That’s right.” Former President Donald Trump did this. In Tucson, Ms Harris referred to those plans, which The New York Times has reported would rely on enforcing the Comstock Act. “Here’s what a second Trump term looks like,” Ms. Harris said. On Friday, in contrast, Ms. Harris leaned into the issue.

Persons: Kamala Harris, Donald J, Trump, Roe, ”, Donald Trump, Ms, Harris, “, Wade, Biden, Ruben Gallego, Kari Lake, Ms Harris, “ Kamala Harris, ” Carol Tobias, Joe Biden, Lisa Lerer Organizations: Arizona Supreme, Trump, Republicans, Democrat, Republican, Democratic, White, New York Times, U.S Locations: Arizona, Tucson, Ariz, Florida, United States

☆ Cicadas 2024: What to expect from the Brood XIII and Brood XIX emergence of cicadas
▼ + stars: | 2024-04-10 | by ( Kate Golembiewski | ) edition.cnn.com time to read: +8 min

The 13-year group, known as Brood XIX, or the Great Southern Brood, is the largest periodical cicada brood, stretching across the southeastern United States. The Northern Illinois Brood, or Brood XIII, emerges every 17 years. Periodical cicadas are smaller and mostly black, with bright red eyes and orange-tinged wings and legs. Billions of cicadas are expected this spring as two different broods — Broods XIX and XIII — emerge simultaneously. However, predictions of a cicadapocalypse — in which Brood XIII and Brood XIX show up at the same place at the same time — are probably an exaggeration.

Persons: hasn’t, Thomas Jefferson, —, “, ”, Jonathan Larson, don’t, XIII —, Jason Bergman, ” Larson, We’re, Chris Simon, XIII haven't, Chip Somodevilla, Larson, Cheney Orr, ” Simon, Kate Golembiewski Organizations: CNN, Southern, Northern Illinois, University of Kentucky, Midwest, University of Connecticut, Reuters Locations: United States, Indianapolis, Northern Illinois, Wisconsin, Iowa, Indiana, Illinois, Missouri, Kentucky , Tennessee, Virginia, Maryland, North Carolina, South Carolina , Georgia, Alabama , Mississippi, Louisiana, Arkansas, Columbia , Maryland, America, Chicago

☆ Support like child tax credits and basic income reduces child abuse, researchers found
▼ + stars: | 2024-04-05 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

AdvertisementCities that offer financial support to low-income families could see a decline in child abuse rates, researchers say. Welfare referrals can stem from suspected physical harm of a child, sexual abuse of a child, or situations where a child isn't given basic necessities. Economic stress creates risk factors for abuseDarwiche is a pediatrician at the Children's Hospital of Philadelphia and specializes in cases of child abuse. Financial safety nets could reduce child neglectDarwiche called income support a prevention strategy for child abuse. Child tax credits, similarly, allow some families to rise out of poverty by offering ongoing financial relief to adults with dependents.

Persons: —, Dr, Sabrina Darwiche, Darwiche, hospitalizations, Zoe Bouchelle, Bouchelle Organizations: Service, Children's Hospital, Philadelphia's, Children's Hospital of Philadelphia, Financial, SNAP, Denver, Biden Administration, ARPA, Denver Health, Children's Locations: America, San Antonio, Austin

☆ Ukraine wants interceptor drones to take out unmanned surveillance aircraft and blind the Russians without wasting missiles
▼ + stars: | 2024-04-04 | by ( Chris Panella | Ella Sherman | ) www.businessinsider.com time to read: +4 min

Ukraine is looking to build interceptor drones to hunt and take down Russian UAVs. On Wednesday, Mykhailo Fedorov, Ukraine's minister of digital transformation, announced that the country wants to begin building interceptor drones to take down Russia's surveillance UAVs, specifically Orlan, SuperCam, and ZALA drones. The interceptor drones, as Fedorov suggested, are a cheaper option for shooting down drones and UAVs so that Ukraine can preserve its air defenses. The Shahed Hunter system, an anti-drone defense system bought with funds from the UNITED24 crowdfunding platform, releases interceptor drones with heavy-duty nets to capture incoming enemy drones. These anti-drone systems can: detect enemy drones, jam GPS signals, intercept devices in the sky.

Persons: —, Mykhailo Fedorov, Fedorov, Evgeniy, Hunter Organizations: Service, NATO, AP Locations: Ukraine, Brave1, Ukrainian, Russian, Russia, Kyiv, Kyiv region, AP Ukraine, Avdiivka

☆ Some people are being given thousands of dollars with no strings attached in universal basic income trials. They mostly spend the cash wisely.
▼ + stars: | 2024-04-03 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Interest in universal basic income has grown due to the pandemic, Elon Musk, Sam Altman, and economic pain. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementYet a common question and concern about UBI remains how people spend the money. Related storiesThe Guaranteed Income Pilots Dashboard , a joint project from the Stanford Basic Income Lab and the Center for Guaranteed Income Research, pulls together data from more than 30 pilot programs in the US involving nearly 8,300 participants. GiveDirectly, a nonprofit, is providing universal basic income to 20,000 people across 200-odd royal villages in Kenya over 12 years.

Persons: Elon Musk, Sam Altman, —, It's, Karl Widerquist, Fabian Wendt, Rebecca Hasdell, UpTogether, Monique Gonzalez, Stephanie Hendon, Widerqist, Matt Bruenig, Douglas MacKay, Chapel Hill, MacKay Organizations: Service, Georgetown University, Qatar, Stanford, Income, Center, Research, UNC, Chapel Locations: Virginia, Kenya, San Antonio , Texas

☆ Puerto Rico declares public health emergency as dengue cases surge
▼ + stars: | 2024-03-28 | by ( Rafy Rivera | Amanda Musa | ) edition.cnn.com time to read: +3 min

CNN —Puerto Rico has declared a public health emergency due to a surging number of dengue cases. Puerto Rico Secretary of Heath Carlos Mellado said the health department has registered 549 cases of dengue so far this year, far exceeding historical numbers. Health officials in Puerto Rico are urging people to use insect repellent and eliminate possible mosquito breeding sites by preventing water from accumulating. Get CNN Health's weekly newsletter Sign up here to get The Results Are In with Dr. Sanjay Gupta every Tuesday from the CNN Health team. “There are indeed efforts from the health department and other organizations like the Puerto Rico vector control unit to control dengue in the area.”Climate change will also encourage the spread of dengue around the world, Paz-Bailey said.

Persons: Heath Carlos Mellado, ” Mellado, Dr, Sanjay Gupta, Gabriela Paz, Bailey, ” Paz, ”, Jamie Gumbrecht Organizations: CNN — Puerto, World Health Organization —, Virgin Islands, US Centers for Disease Control, Prevention, Health, Get CNN, CNN Health, Vector, CNN, Paz Locations: CNN — Puerto Rico, Puerto Rico, Virgin, American Samoa, United States, Florida

If you're looking for 2024 Knicks tickets, we've got all the details. New York Knicks 2024 scheduleOf the 10 Knicks games left this season, four are at home, and six are away. How to buy New York Knicks ticketsYou can purchase original tickets to individual Knicks games on Ticketmaster. Prices for original standard tickets to Knicks games vary on date and location (home games tend to be higher than away games). New York Knicks season ticketsWhile the season is almost over, you might be wondering about Knicks season tickets for next year.

Persons: we've Organizations: Business, New York Knicks, Knicks, NBA, Eastern Conference, Celtics, Bucks, San Antonio Spurs, Oklahoma City Thunder, FL, Sacramento Kings, :, Chicago Bulls, IL, Milwaukee Bucks, Boston Celtics, Brooklyn Nets, Ticketmaster, . New York Knicks Locations: Antonio, New York, NY, Miami, : New York, Chicago, Milwaukee, Boston, York

☆ Barclays lands New York Liberty jersey patch deal as WNBA popularity grows
▼ + stars: | 2024-03-27 | by ( Ian Thomas | ) www.cnbc.com time to read: +2 min

Sabrina Ionescu of the New York Liberty participates in a 3-point challenge during the State Farm All-Star Saturday Night at Lucas Oil Stadium on February 17, 2024 in Indianapolis, Indiana. Barclays is the latest big corporation to align itself with the WNBA, signing a multi-year deal with the New York Liberty that will see the bank's logo appear on the team's jersey. Last season, the Liberty set a new WNBA attendance record with 17,143 fans attending game 3 of the WNBA Finals. New York Liberty CEO Keia Clarke, who earlier this year was named to the CNBC Changemakers list, said the team has seen an influx of interest from corporate partners. Furthermore, 12 of the team's new partners last season had never partnered with a WNBA team.

Persons: Sabrina Ionescu, Joe Tsai, Clara, Breanna Stewart, Keia Clarke, We've, Clarke Organizations: New York Liberty, Lucas Oil, Barclays, WNBA, Barclays Center, NBA's Brooklyn Nets, Alibaba, Liberty, Garden, CNBC Locations: Indianapolis , Indiana, Brooklyn, Madison

☆ They Save Baby Seals From Fishing Line and Plastics. Millions Watch.
▼ + stars: | 2024-03-26 | by ( Cara Buckley | ) www.nytimes.com time to read: 1 min

A group of men sprints across a windswept beach, holding what look like outsize butterfly nets, and close in on a colony of seals trying to escape into the sea. The pursuers wrestle with their quarry: Seals entangled by fishing gear and other maritime garbage, whose fortunes are about to be reversed. As one man pins down a panicked animal, another cuts away the plastic deeply embedded in its neck. The chase ends with a freed seal triumphantly returning to the ocean. Ocean Conservation Namibia, a nonprofit group based on the central coast of Namibia, estimates it has rescued around 3,000 seals entangled in marine garbage since 2020.

Organizations: Conservation Locations: Conservation Namibia, Namibia

☆ Opinion: Why a booming economy isn’t helping Biden
▼ + stars: | 2024-03-24 | by ( Fareed Zakaria | ) edition.cnn.com time to read: +9 min

It used to be that the public’s view of the president depended mostly on its view of the economy. Democrats who had previously thought the economy was in terrible shape now thought it was booming, and Republicans did the opposite. I argue in the book that it is identity — which encompasses culture, class and tribalism. And when people see their world in flux, they often move not left on economics but right on culture. The left needs to play more effectively on the new crossroads of politics, where culture and class have replaced economics.

Persons: Fareed Zakaria, Fareed, Read, Joe Biden’s, haywire, It’s, Nate Cohn, Barack Obama’s, Donald Trump, ’, Trump, Ronald Inglehart, —, Inglehart, John Burn, “ Organizations: CNN, Fareed’s, The New York Times, Immigration, Trump Locations: America, Sweden, Denmark, France, Austria, Germany, Japan, United States, Nigeria

Shop at Amazon Shop at DreoTyphur Sous Vide Station If you’ve been wanting to venture into the benefits of cooking with Sous Vide, Typhur’s Sous Vide Station incorporates all functions of sous vide cooking into one unit, with a built-in tank, scheduling functions, and step-by-step cooking instructions on a large LCD display. Shop at Amazon Shop at TramontinaAdvertisementSustainability and alternative materialsEco-friendly materials are at the forefront of home and kitchen design. Shop at Amazon Shop at UmbraFull Circle Grate Expectations Stainless Steel Coarse Grater with Food Catcher Full Circle should be on your radar for eco-friendly cleaning tools and hydration solutions. From earth tones and pastels to vibrant collections, you can coordinate your kitchen in monochrome hues, prints, and textures. Shop at Amazon Shop at Walmart Shop at TargetLuma Nugget Countertop Ice Maker We've been searching for a more affordable nugget ice maker, and this small appliance from Luma might be the one.

Persons: It's, Dreo ChefMaker Combi Fryer, you’ve, Zyliss, Joe Derochowski, Dyson, Brabantia Organizations: Business, Shop, kraft, Cork, Walmart, Everest

☆ He predicted the ’08 crash. Now he’s betting AI will turbocharge the US economy
▼ + stars: | 2024-03-19 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

AI chatbots can help workers brainstorm ideas, do research, write reports, build presentations, learn about new topics and identify patterns in vast troves of data. AI will ‘destroy’ some jobs, boost othersThere is also the very real risk that AI will replace some workers. AI might be able to help slow the rate of decay in the labor force,” Sangani said. “These workers will be supplemented, not replaced, by AI,” Sangani said, though he added there are also places where AI will replace workers. IMF warns AI could deepen inequalityEven if AI accelerates economic growth, there is no guarantee that everyone will benefit.

Persons: New York CNN — Jan Hatzius, Goldman Sachs, Hatzius, ” Hatzius, that’s, you’ll, ”, ” Satyen, ” Sangani, Jeremy Grantham Organizations: New, New York CNN, CNN, Treasury Department, IRS, Hatzius, International Monetary Fund Locations: New York, United States

☆ Haiti: Machete-wielding militias battle gangs in Port-au-Prince as elites vie for power
▼ + stars: | 2024-03-18 | by ( Caitlin Stephen Hu | David Culver | ) edition.cnn.com time to read: +9 min

Port-au-Prince, Haiti CNN —The wide road that passes in front of Haiti’s Toussaint Louverture International Airport has a post-apocalyptic stillness these days. But leaving the city isn’t an option this time; the airport, under siege by gangs, has been forced to close. Evelio Contreras/CNNPort-au-Prince’s gangs are still choking off the supply of food, fuel and water across the city. Gangs have long haunted the residents of Port-au-Prince, but their reach has dramatically expanded over recent years, covering 80% of the city today, according to UN estimates. Marie Suze Saint Charles in a hospital, Port-au-Prince March 17 Evelio Contreras/CNNThe proliferation of police, gang and civilian checkpoints meanwhile is fracturing Haiti’s capital into wary and anxious fiefdoms.

Persons: Haiti’s Toussaint, Ariel Henry, Evelio Contreras, ”, Marie Maurice, they’ve, Maurice, Prince, –, Marie Suze Saint Charles, Marie, Suze Saint Charles Organizations: Haiti CNN, National Penitentiary, CNN, Haiti’s National Police, Transnational, Refugees, Argentine, Armored, International Organization for Migration Locations: Prince, Haiti, Port, Haitian, Canapé, Swiss, Argentine Bellegarde, ”

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