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☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Schonfeld's Asia cohead is leaving the $10 billion firm's fast-growing outpost
▼ + stars: | 2024-05-07 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

Eric To is leaving the $10 billion New York-based multi-manager, people close to the firm told Business Insider. He was the cohead of APAC and head of APAC fundamental equity. This story is available exclusively to Business Insider subscribers. A person close to the firm told Business Insider that To's cohead, Chris Antonelli, will take over as the sole head of the Asia business going forward. In the five years To was there, this person noted, Schonfeld's Asia business expanded to Japan and Australia and nearly tripled its head count in the region.

Persons: —, Eric, Sol Kumin's, Chris Antonelli, Ken Organizations: Service, Business, Schonfeld, SAC Capital, Schonfeld's, Citadel Locations: York, Hong Kong, Folger Hill, Asia, Balyasny, Schonfeld's Asia, Japan, Australia, APAC

☆ FDIC says Republic First Bank is closed by Pennsylvania regulators
▼ + stars: | 2024-04-26 | by ( Luciana Lopez | ) edition.cnn.com time to read: +1 min

CNN —The Federal Deposit Insurance Corporation on Friday said that Republic Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year. “Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into an agreement with Fulton Bank, National Association of Lancaster, Pennsylvania to assume substantially all of the deposits and purchase substantially all of the assets of Republic Bank,” the FDIC said in a statement. That makes Republic Bank (FRBK) far smaller than the regional bank failures that rocked the financial world last year. The FDIC said that Republic Bank was the first bank to fail in the United States since Citizens Bank in Sac City, Iowa, in November 2023.

Persons: “ Organizations: CNN, Federal Deposit Insurance Corporation, Bank, First Bank, Republic Bank, Pennsylvania Department of Banking, Securities, Fulton Bank, National Association of Lancaster, Silicon Valley Bank, FDIC, Bloomberg, Citizens Bank Locations: Pennsylvania, “ Philadelphia, National Association of Lancaster , Pennsylvania, Silicon, New Jersey , Pennsylvania, New York, United States, Sac City , Iowa

Justice Sonia Sotomayor asked Joshua Turner, the lawyer for the state of Idaho, about specific, real-life scenarios where pregnant people required emergency abortions. Later, she returned to the hospital, Sotomayor said, and received an abortion "because she was about to die." Pregnancy can be dangerous, particularly in the United States, which has the highest rate of maternal mortality in the developed world. About 10% to 20% of pregnancies end in miscarriage and many don’t require medical intervention, but some may require treatment using the same procedure used in an abortion. Miscarriages can put someone’s life at risk because of serious blood loss or infection if the miscarriage is not complete.

Persons: Sonia Sotomayor, Joshua Turner, Sotomayor Organizations: American College of Obstetricians, American Locations: Idaho, Florida, United States

☆ What’s Happening In Myanmar’s Civil War?
▼ + stars: | 2024-04-20 | by ( Hannah Beech | Weiyi Cai | ) www.nytimes.com time to read: +16 min

RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIAWhat’s Happening In Myanmar’s Civil War? Parliamentary rule 1962 Military coup 1988 Nearly five decades of military rule Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government. Parliamentary rule Nearly five decades of military rule National civil unrest British colonial rule 1948 1988 1990 2007 2011 2021 1962 2015 Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government.

Persons: Adam Ferguson, Min Aung, Daw Aung, Suu Kyi, Aung, —, Tom Andrews, Chin, Rakhine Karen Mon Bamar, Kayan, Karen, Ms, hideouts Organizations: MYANMAR INDONESIA Indian Ocean, Insurgent, Council, Myanmar, 8th Battalion, Karenni Nationalities Defense Force, The New York Times, Senior, National Unity Government, People’s Defense Forces, Rebels, Assistance Association for Political Prisoners, Myanmar Peace Monitor, United Nations, General Administration Department, Union of, United, National Liberation Army Locations: RUSSIA CHINA, MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA, MYANMAR INDONESIA Indian, MYANMAR INDONESIA Indian Ocean AUSTRALIA, INDIA CHINA BANGLADESH Mandalay MYANMAR LAOS Naypyidaw Bay, Bengal Yangon THAILAND, INDIA CHINA Mandalay MYANMAR, Yangon THAILAND Bay, Bengal, Myanmar, Ukraine, Gaza, India, China, Karenni State, country’s, Suu, Myanmar’s, British, Sagaing Region, MYANMAR, Naypyidaw, Burma, United States, Rakhine, Thailand, Union, Union of Burma, Afghanistan

☆ Five things that are hard to get even if you're pretty rich
▼ + stars: | 2024-04-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

AdvertisementHere are five things that are hard to do even if you're considered rich. The tournament is a favorite of the rich, and wealthy golf fanatics flock to Georgia during the first full week of April to attend. AdvertisementSecuring an apartment in this New York City co-op buildingThe River House sits along the East River of New York City. The 26-floor Art Deco River House is considered one of the most exclusive places to live in New York City. Its original location in New York City is one of the toughest reservations to secure.

Persons: —, Kevin C, Cox, Warren Buffett, Bill Gates, Stanley Druckenmiller, Atlantide Phototravel, Richard Nixon, Joan Crawford, Diane Keaton, Uma Thurman, Henry Kissinger, Birkin, Carl Juste, Rebecca Zisser, It's, Rao's, Frank Pellegrino Jr, They're, Pellegrino, Cartier Cheich, Arnold Jerocki, Cartier, Gaston Rahier Organizations: Service, Business, Augusta National Golf, Augusta National Golf Club, National Golf, Bloomberg, Miami Herald, Tribune, Getty, Google, Town, New York Times, Forbes, Cartier Locations: Georgia, New York City, Atlantide, East, there's, New York, Paris, Dakar

☆ 5 things that are hard to get even if you're pretty rich
▼ + stars: | 2024-04-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

AdvertisementWealth grants access to a lot, but even the wealthy can't just buy anything. AdvertisementHere are five things that are hard to do even if you're considered rich. The tournament is a favorite of the rich, and wealthy golf fanatics flock to Georgia during the first full week of April to attend. AdvertisementSecuring an apartment in this New York City co-op buildingThe River House sits along the East River of New York City. Its original location in New York City is one of the toughest reservations to secure.

Persons: —, Kevin C, Cox, Warren Buffett, Bill Gates, Stanley Druckenmiller, Atlantide Phototravel, Richard Nixon, Joan Crawford, Diane Keaton, Uma Thurman, Henry Kissinger, Birkin, Carl Juste, Rebecca Zisser, they're, It's, coowner Frank Pellegrino Jr, Delish, Pellegrino, Cartier Cheich, Arnold Jerocki, Cartier, Forbes, Gaston Rahier Organizations: Augusta National, Service, Augusta National Golf, Augusta National Golf Club, National Golf, Bloomberg, Deal, Miami Herald, Tribune, Getty, Business, Google, Town, New York Times, Cartier Locations: Georgia, New York City, Atlantide, East, there's, New York, Paris, Dakar

☆ Inside Y Combinator's 60,000-square-foot, San Francisco college town
▼ + stars: | 2024-04-03 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

The full-blown mania in artificial intelligence is bringing tech workers and startups back to San Francisco. Last June, the startup accelerator moved its headquarters from Mountain View into its new digs at the Pier 70 shipyard. Y Combinator partners record an episode of the Lightcone podcast in a production studio complete with professional cameras and lighting fixtures. Y CombinatorRemoving 'friction'For 17 years, Y Combinator set its base in Mountain View. The new San Francisco outpost was born from a desire to get founders in person again post-pandemic.

Persons: —, Jared Friedman, hasn't, Y Combinator Friedman, Y, Friedman, Carlos Avila Gonzalez, Bart, Lindsay Amos Organizations: Service, Volkswagen, Business, Chase, San, Rail, San Francisco Chronicle, Bay Area, YC Locations: San Francisco, Mountain View, San, bayside, View, Mission Bay, Bay, North Beach

☆ Hot hedge fund trends collide at a new AI-powered multi-strategy fund
▼ + stars: | 2024-02-26 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

Ascendance Asset Management, founded by former AllianceBernstein investor Bob Kim, will be a multi-strategy hedge fund that plans to integrate artificial intelligence across the investing and risk management process, several sources familiar with the matter told Business Insider. Kim was the director of research at Visium and a portfolio manager for Izzy Englander's Millennium before working as the chief investment officer for AB's Arya fund, the multi-billion multi-strategy fund within the asset manager's alternatives business. AdvertisementThe firm also brought on a former executive from billionaire Stan Druckenmiller's hedge fund Duquesne, John Kovitch, to be its head of trading. The goal, sources told BI, is for each portfolio manager to have their own personalized AI agent helping them trade. These firms need people, especially investing talent, pushing up compensation and guaranteed payouts across the industry.

Persons: Bob Kim, Ascendance, Kim, Izzy Englander's, AB's Arya, Josh Adam, Adam, Steve, Goldman Sachs, Stan Druckenmiller's, John Kovitch, Bobby Jain's Jain Organizations: Service, Management, Industry, Business, SAC, Duquesne, Citadel Locations: New York, London, Asia, GLG

☆ How Rick Beato struck YouTube gold with his ‘Everything Music’ channel
▼ + stars: | 2024-02-25 | by ( John Blake | ) edition.cnn.com time to read: +16 min

I first heard about Beato after stumbling onto his YouTube channel. During the pandemic, for example, many music fans migrated to the internet to watch various forms of music because live music was off-limits. “I still feel at 60 the same way I did when I was 14,” he said recently in a YouTube video. His face lights up when he talks about his family on his YouTube channel. “My YouTube Channel was a way to honor my parents and leave something for my kids.

Persons: Rick Beato, Instagram, Beato, ”, Pat Metheny, Sting, Jimi Hendrix, he’s, it’s, “, you’re, He’s, Rick, —, Mike Rowe, Jobs, ” Rowe, I’ve, I’m, “ Woo, Bach, Brad Mehldau, Keith Williams, Williams, ” Beato, Dick Cavett, Keith Jarrett, Jarrett, John Coltrane, Beato regaled Jarrett, awestruck, ” Jarrett, Steve Gadd, Chuck Mangione, Oscar Peterson, Music —, Nina, Dylan, Lennon, Layla, Eric Clapton, polychords, Taylor Swift’s “, Paul Allen, Everybody, Joni Mitchell, Herbie Hancock, Rick Beato's, Melissa Golden, John Blake Organizations: CNN, YouTube, Costco, Twitter, Facebook, Berklee College of Music, Eastman School of Music, Ithaca College, New, Conservatory, Music, Ithaca, Microsoft, Intelligence Locations: Atlanta , Georgia, London, Berlin, New Jersey, Fairport, Rochester , New York, Italian, New York, Ithaca, Atlanta, Silicon Valley

☆ Anthony Vaccarino, once subpoenaed during the Department of Justice's investigation into billionaire Steve Cohen, has rejoined his old boss
▼ + stars: | 2024-02-13 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

Anthony Vaccarino, once a portfolio manager at SAC, is working for Steve Cohen again. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAnthony Vaccarino is back for his second stint under billionaire Steve Cohen. He is reporting to the head of that unit, Andrew McEntire, and working with teams across Point72’s long-short equity strategies.

Persons: Anthony Vaccarino, Steve Cohen, Vaccarino, —, AJ, Point72, Andrew McEntire, Cohen, Sol Kumin, Tom Conheeney, Steve Kessler, Phil Villhauer Organizations: SAC, Fourth Asset Management, Service, New York Mets, SAC Capital Advisors, Department of, Business Locations: Point72

☆ TikTok is kind of bad now, right? The emphasis on shopping really bums me out.
▼ + stars: | 2024-02-08 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Let's start with what deserves most of the blame: the TikTok Shop. The emphasis on Shop content has two bad effects. AdvertisementThe first is the simple fact that I'm being shown lots more low-quality videos that I'm not actually interested in. Tiktok / ScreenshotIt used to be that TikTok would try to convince me I had undiagnosed ADHD; now, it just insists I want to buy Halara brand pants. Reels is still way worse than TikTok: The content is awful and the algorithm is stupider.

Persons: Something's, I'd, I'm, TikTok, whimsy, it's, Rebecca Jennings, Vox, I've Organizations: Business, New York Times Locations: lifecycles

The South Carolina Supreme Court reversed course last summer when it upheld the ban after striking down a similar version. An earlier lawsuit by Planned Parenthood argued that the law violated patients' right to privacy. Susanna Birdsong, a lawyer for Planned Parenthood South Atlantic, responded that abortion providers have had to make that more conservative interpretation because of the “onerous penalties” for noncompliance. Planned Parenthood has stopped providing abortions when “early embryonic electrical activity” is visible by ultrasound, the group wrote in Monday's filing. “We’re righting for every inch of ground in South Carolina," Birdsong said.

Persons: Taylor Shelton, Katherine Farris, Ultrasounds, Shelton, dismissively, —, — Shelton, “, ” Shelton, John Kittredge, Shane Massey, ” Massey, Susanna Birdsong, Birdsong, Pollard Organizations: COLUMBIA, Republican, South Carolina, South, South Carolina General Assembly, Associated Press, America Statehouse News Initiative, America Locations: South Carolina, Charleston, North Carolina, Wilmington

☆ Activist Rubric nominates two directors at Xperi. Here’s how the firm may help enhance shareholder value
▼ + stars: | 2024-01-27 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Xperi is a technology company that develops software solutions and has the following four main business segments. Rubric is a deep value, long/short investor that will become active in situations that require it. The problem is a culture that is not focused on shareholder value. Accordingly, Rubric Capital nominated Conrad and Lacey for election as directors to the company's board at Xperi's 2024 annual meeting. There is a big difference between settling for two additional directors on a seven-person board and replacing two incumbent directors on a five-person board.

Persons: Xperi, David Rosen, Rosen, Tobii, Conrad, Lacey, Ken Squire Organizations: Smart, TiVo, SAC Capital, Tobii, 13D Locations: New York, Swedish

☆ My baby needed 6 blood transfusions while in the womb. The postpartum depression didn't hit me until I knew he was OK months later.
▼ + stars: | 2023-12-28 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

During my first pregnancy, doctors explained I was at risk for Rh incompatibility . He would need a blood transfusion before he was even born. Beau needed 3 more transfusions after birthUnfortunately, birth wasn't the end of Beau's health concerns. Sure enough, he needed a blood transfusion. Beau needed two additional transfusions, but by five months, he was stable and healthy.

Persons: —, Courtney Yaeger, Beau, I'd, jaundiced, he'd Organizations: Service, Business, Fetal Care Center, Yale New, Yale New Haven Children's Locations: Yale New Haven

☆ A former burglar who was jailed for 10 years reveals how she used to target homes — and why alarm systems don't work
▼ + stars: | 2023-12-04 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

In one video, she laid out the things she used to look for to determine if a mark was profitable. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . They're not going to come outside just to be nosy because they think something looks weird and get all wet." AdvertisementPeople don't tend to look outside when the weather is miserable, Gomez added, and even if they did, they probably wouldn't be able to see her very well.

Persons: Jennifer Gomez, —, Gomez, They're, it's Organizations: Service Locations: strollers, Florida

Even including the sale of Heathrow, this year is the slowest for airport transactions in the past decade, totalling $5.9 billion globally to date, according to Dealogic data. They have hired Mediobanca (MDBI.MI) and Credit Agricole (CAGR.PA) to find a buyer for a sale of their 49% stake in the company, the people said. Heathrow's sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis published on Wednesday. UK's Esken (ESKN.L), owner of regional Southend Airport, said in June it had started a process for the sale of the airport. On Thursday, Hungary's state-owned Corvinus and Vinci Airports notified the European Commission of a proposed joint takeover of Budapest's airport, according to a document posted on the EU website.

Persons: Andras Kranicz, GIP, Australia's Macquarie, Spain's, Ferrovial, Agata Lyznik, Mediobanca, Gianni, Origoni, Nico Torrisi, Morgan, UK's, France's Vinci, Vinci, Corvinus, Emma, Victoria Farr, Andres Gonzalez, Elisa Anzolin, Joanna Plucinska, Mathieu Rosemain, Anousha Sakoui, Elaine Hardcastle Organizations: LONDON, Heathrow, BNP, Global Infrastructure Partners, AGS Airports, Southampton, Australia's, International, ACI, Airports, Macquarie, Credit Agricole Assurance, 2i, Credit, SAC, Gatwick, Southend Airport, Global Infrastructure Fund, Vinci Airports, European Commission, EU, Thomson Locations: Edinburgh, Italy, FRANKFURT, Spanish, Europe, Aberdeen, Glasgow, Heathrow, France, Hungary's, Budapest's

☆ Researchers explored pitch-black pits in Yucatán's labyrinthine underwater caves to unlock the secrets of the rivers that provide drinking water to millions
▼ + stars: | 2023-11-19 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

AdvertisementThe Sac Actun cave system on Mexico's Yucatán Peninsula contains many wonders, from a 13,000-year-old skeleton to human artifacts and fossils of giant sloths. The underwater cave microbial communityThe cave system is a network of over 900 miles of connected caves that contain a mix of freshwater and saltwater. Caves flooded with coastal seawater had different microbes than The Pit, a deep cenote exposed to the surface, for example. For example, she noted that a planned train system from Cancún to the Yucatán Peninsula could affect the cave system. The potential for contamination is a problem anywhere there are caves, Osburn said.

Persons: —, It's, Magdalena, Osburn, Natalie Gibb, Comamonadaceae Organizations: Service, Northwestern University, Microbiology, Reuters Locations: Cancún, In Kentucky

☆ Civilians caught in the crossfire as fighting escalates between Myanmar military and armed group
▼ + stars: | 2023-11-18 | by ( Heather Chen | ) edition.cnn.com time to read: +4 min

CNN —Renewed hostilities between the Myanmar military and ethnic minority armed group the Arakan Army (AA) have spread to various townships in western Myanmar, including Pauktaw, where civilians have been caught in the crossfire as fighting escalates. The renewed fighting has displaced more than 26,000 people in the country’s western Rakhine state since Monday, according to UNOCHA. Myanmar military spokesperson Zaw Min Tun said during a briefing Friday that the Myanmar army and police force had retaken the Pauktaw police station and that the town “was already under control” of the military. Airstrikes and ground attacks on what the Myanmar military calls “terrorist” targets have been occurred regularly since 2021 and have killed thousands of civilians to date, including children, according to monitoring groups. “The sick man can’t die peacefully.”

Persons: “, ”, UNOCHA, Zaw Min Tun, Min Aung Hlaing, Nan Diya, Suak, can’t Organizations: CNN, Myanmar, Arakan Army, AA, United Nations Office, Humanitarian Affairs, UN, Army, Myanmar’s, Administration Council, SAC Locations: Myanmar, Pauktaw, Rathedaung, Maungdaw, Rakhine, Arakan

☆ Myanmar junta says facing 'heavy assault' from insurgents in three states
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +4 min

Junta spokesperson Zaw Min Tun said the military was facing "heavy assaults from a significant number of armed rebel soldiers" in Shan State in the northeast, Kayah State in the east and Rakhine State in the west. Zaw Min Tun said some military positions had been evacuated and the insurgents had been using drones to drop hundreds of bombs on military posts. "We are urgently taking measures to protect against drone bomb attacks effectively," the junta spokesperson said late on Wednesday. Western governments have re-imposed sanctions on the Myanmar junta in response to the coup and crackdowns on protests and demanded the release of Suu Kyi and other pro-democracy politicians and activists. The junta spokesperson denounced the group saying it was "destroying" Rakhine State.

Persons: Zaw Min Tun, Tin, Swe, Nobel, Aung, Suu Kyi, General Antonio Guterres, Kanupriya Kapoor, Robert Birsel Organizations: REUTERS, Naypyitaw, Reuters, military's, Administration Council, SAC, Arakan Army, AA, National Defence Force, Thomson Locations: Myanmar, Zokhawthar, Champhai, India's, Mizoram, India, Shan State, Kayah State, Rakhine State, Zaw, Naypyitaw, Suu, Chin State, Rakhine

☆ Myanmar president: country at risk of breaking apart due to border violence
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

Nov 9 (Reuters) - The president of military-ruled Myanmar has said the country is at risk of breaking apart due to ineffective management of recent violence in its border regions with China. As now is an important time for the State, the entire people need to support Tatmadaw (the military)." In the northeast, the junta has lost control of some border trade towns with China. The Chinese government also confirmed this week that there had been Chinese casualties due to military ordinance going over the border. Reporting by Reuters staff, Writing by Kanupriya Kapoor; Editing by Muralikumar Anantharaman and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Kanupriya Kapoor, Muralikumar Anantharaman, Michael Perry Organizations: Administration Council, SAC, State, Reuters, Thomson Locations: Myanmar, China

☆ Myanmar President: Country at Risk of Breaking Apart Due to Border Violence
▼ + stars: | 2023-11-08 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The president of military-ruled Myanmar has said the country is at risk of breaking apart due to ineffective management of recent violence in its border regions with China. "If the government does not effectively manage the incidents happening in the border region, the country will be split into various parts," Myint Swe, president of the State Administration Council (SAC), told a national defence and security council meeting. As now is an important time for the State, the entire people need to support Tatmadaw (the military)." In the northeast, the junta has lost control of some border trade towns with China. The Chinese government also confirmed this week that there had been Chinese casualties due to military ordinance going over the border.

Persons: Kanupriya Kapoor, Muralikumar Anantharaman, Michael Perry Organizations: Reuters, Administration Council, SAC, State Locations: Myanmar, China

☆ We moved from California to Texas and lived in an RV for 5 months before we bought a home. We love it now, but it's not for everyone.
▼ + stars: | 2023-10-27 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Alyson and Josh McDonald moved their family from Eastvale, California, to Magnolia, Texas, last year. Then Josh went back to school and we ended up in California in 2011 because of the golf industry. Alyson and Josh McDonald said they feel more comfortable being openly conservative in Texas. There are definitely a lot of Californians here in Texas and even a lot of people from other states too. AdvertisementAdvertisementAlyson and Josh McDonald said their kids are thriving in Texas.

Persons: Alyson, Josh McDonald, —, Alyson McDonald, We're, We've, Josh, we're, Texas Josh, McDonald, COVID, Nobody, Alyson McDonald It's Organizations: McDonalds, Service, Albertsons Locations: Eastvale , California, Magnolia , Texas, Texas, Houston, Hudson, Idaho, Chandler , Arizona, California, Eastvale, Arizona , Wyoming , Kansas City , Texas , Utah, New York, Texas . Texas

☆ Lab models of human embryos raise hopes and concerns
▼ + stars: | 2023-10-26 | by ( Katie Hunt | ) edition.cnn.com time to read: +14 min

From the moment sperm fuses with an egg, human embryo development involves a string of complex and little understood processes. What happens during human embryo development, particularly in the crucial first month, remains largely unknown. However, 14 days is an important milestone because it is when permitted lab research on cultured human embryos routinely ends. He said, in the future, it might be possible to go as far as 40 days with human embryo models. Some in the field envision a “tipping point” wherein human embryo models might be afforded some protection like those surrounding human embryos, as scientific advances diminish the differences between the embryo models and their real-life counterparts.

Persons: CNN — It’s, ”, Jacob Hanna, demystify, they’ve, Hanna, “ It’s, ” Hanna, “, Peter Rugg, Gunn, it’s, …, Robin Lovell, Francis Crick, Naomi Moris, Francis Crick Institute’s, Moris, we’ve, ” Moris, It’s, Bobbie Farsides, ” Farsides Organizations: CNN, Weizmann Institute of Science, Weizmann Institute, Israel, Weizmann, Babraham Institute, International Society for Stem Cell Research, Stem Cell, Francis, Francis Crick Institute, Genetics, Development, ”, Sussex Medical School Locations: Israel, London, Brighton

Johnson of Louisiana, a lower-ranked member of the House GOP leadership team, becomes the fourth Republican nominee in what has become an almost absurd cycle of political infighting since Kevin McCarthy's ouster as GOP factions jockey for power. “I made my decision based on my relationship with the conference,” he said, referring to the GOP majority. House Republicans returned behind closed doors, where they spend much of their time, desperately searching for a leader who can unite the factions, reopen the House and get the U.S. Congress working again. In the end, Johnson won 128 votes on the evening ballot, more than any other candidate. With Republicans controlling the House 221-212 over Democrats, any GOP nominee can afford just a few detractors to win the gavel.

Persons: Mike Johnson, Donald Trump . Johnson of, Kevin McCarthy's, Johnson, Mike, won’t, don’t, ”, Steve Womack, we’ll, Tom Emmer briskly, “, Emmer, “ We'll, ” Trump, wasn’t MAGA, Trump, Steve Scalise, Johnson's, Byron Donalds of, McCarthy, ” Johnson, Scalise, “ We're, Jim Jordan, Victoria Spartz, Steve Bannon, Jordan, Scott Perry, Ralph Norman, Joe Biden, —, Biden, Marjorie Taylor Greene, Georgia, Patrick McHenry, Republicans —, McHenry, Jill Colvin Organizations: WASHINGTON, — Republicans, GOP, Republican, selfies, Republicans, Capitol, House Republicans, U.S, Congress, NBC News, Trump, Caucus, Federal, Financial Services, Associated Press Locations: Donald Trump . Johnson of Louisiana, New York, Byron Donalds of Florida, Israel, Ukraine, U.S, Mexico, R

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