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☆ Live Updates: Cross-Examination of Michael Cohen to Continue in Trump Trial
▼ + stars: | 2024-05-16 | by ( Michael Wilson | ) www.nytimes.com time to read: +5 min

Mr. Trump faces 34 felony counts of falsifying business records to hide the reimbursement of Mr. Cohen. Mr. Trump, 77, has denied the charges and says he did not have sex with Ms. Daniels. Mr. Blanche grilled Mr. Cohen about social media posts. Their defense of Mr. Trump follows a gag order that bars him from attacking jurors and witnesses like Mr. Cohen. Mr. Trump has already been cited for 10 violations so far and threatened with jail if he continues.

Persons: Michael D, Cohen, Michael Cohen, Donald Trump, Todd Blanche, Trump, Stormy Daniels, Daniels, Trump’s, Juan M, Merchan, “, Mr, Blanche, ” Mr, Donald J, Mark Peterson, Cohen’s, Mike Johnson of, Johnson, ”, Doug Burgum, Vivek Ramaswamy Organizations: Mr, Prosecutors, Republican Party Locations: Manhattan, Lake, Mike Johnson of Louisiana, North

☆ Opinion: Putin’s lightning assault jolts Europe awake
▼ + stars: | 2024-05-16 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +9 min

View more opinion on CNNCNN —It was a carefully choreographed show of force in Beijing Thursday as Russian President Vladimir Putin arrived for yet another meeting with his Chinese counterpart, Xi Jinping. Frida Ghitis CNNOn Wednesday, Slovakian Prime Minister Robert Fico was shot multiple times and gravely wounded in an assassination attempt. Russia’s lightning assault, according to Ukrainian President Volodymyr Zelensky, who cancelled all his foreign travel, aims to force Ukraine to stretch its defenses. Security officers move Slovak Prime Minister Robert Fico in a car after the assassination attempt in Handlova, Slovakia, on Wednesday May 15. Every day, the stark reality that what began in Ukraine will change Europe for years to come becomes more inescapable.

Persons: Frida Ghitis, Vladimir Putin, Xi Jinping, Robert Fico, Fico, Putin, —, Volodymyr Zelensky, Donald Trump, Joe Biden’s, David Cameron, “, Fico —, Radovan Stoklasa, Sergei Shoigu, Andrey Belousov, laughably, Rishi Sunak, Mark Rutte, Russia's, Alexander Ryumin, Emmanuel Macron, ”, Mikko Heiskanen, Xi Organizations: CNN, Washington Post, Politics, CNN CNN, Frida Ghitis CNN, Wednesday, Slovakian, Kyiv, British, Putin, Kremlin, Moscow, European Union, Reuters, Europe, Russia, Republicans, Russian, West, NATO, Institute for, ” Locations: Beijing, Europe, Ukraine, Kharkiv, Russia, Georgia, Soviet Republic, Moscow, Moldova, Slovak, Slovakia, “, Handlova, Iran, North Korea, China, Norway, London, British, Netherlands, ”, Germany, Berlin, Finland

Video footage shows the young man in a white hoodie, identified as Edan On, striking at the barrier around the pro-Palestinian encampment. From Social MediaOn, a local high school senior, was captured on video striking a pro-Palestinian protester with a pole. A pro-Palestinian demonstrator is beaten by counterprotesters attacking a pro-Palestinian encampment set up at UCLA's campus. Etienne Laurent/AFP/Getty ImagesA counterprotester, identified by CNN as Malachi Marlan-Librett, pushes a pro-Palestinian protester in the barrier of the UCLA encampment. Wally Skalij/Los Angeles Times/Getty ImagesMarlan-Librett is seen throwing the bottom of a broom at a pro-Palestinian protester.

Persons: counterprotesters, UCLA –, –, “ Edan, Sharon, Edan, William Gude, “ We’re, counterprotesters calmy, “, ”, Chaim Seidler, Feller, Hillel, On’s, wasn’t, Malachi Marlan, Etienne Laurent, Wally Skalij, Librett, Dolores Quintana, Quintana, ” Dolores Quintana, Tom Bibiyan, Bibiyan, Trump, William Gude Tom Bibiyan, William Gude “, Angie Givant, she’d, Narek Palyan, Palyan, Catherine Hamilton, Hamilton, UCLA’s, Boosinger, ” Dylan Kupsh, ” Kupsh, Kupsh, Audrey Ash, Isabelle Chapman, Scott Glover, Curt Devine Organizations: CNN, UCLA, Fox, Facebook, Israel, Social, Social Media, Los Angeles Police Department, Patrol, UCLA Police Department, Bruins, LA, Key, Beverly Hills High School, Israel Defense Forces, UC Santa Cruz, Getty, Los Angeles Times, ”, Los Angeles Valley College, USC, Green Party, ucla, “, Student, ” Thistle, Thistle Locations: Gaza, Israel, California, Angeles, UCLA's, Los, Los Angeles

☆ Critics are calling 'Furiosa' one of the 'greatest prequels ever made' — but not better than 'Fury Road'
▼ + stars: | 2024-05-16 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

Following the success of 2015's "Max Mad: Fury Road," which took in over $380 million at the worldwide box office, "Furiosa" tells the origin story of one of the main characters from "Fury Road," Charlize Theron's Imperator Furiosa. Mel Gibson, the original Mad Max, rarely spoke; same for Tom Hardy, who played Max in "Fury Road." AdvertisementBut it's not as good as "Fury Road"Tom Hardy and Charlize Theron on "Mad Max: Fury Road." Warner Bros. PicturesFor all the praise "Furiosa" is receiving, many critics believe it doesn't surpass Miller's thrilling opus, "Mad Max: Fury Road." "'Furiosa' is a big step down from 'Mad Max: Fury Road,'" opined The Hollywood Reporter critic David Rooney.

Persons: —, Max, George Miller's, Furiosa, Anya Taylor, Joy, Taylor, Chris Hemsworth's, Critics, Jasin Boland, Owen Gleiberman, Miller, Hannah Strong, Joy doesn't, that's, shouldn't, Mel Gibson, Tom Hardy, John Nugent of, emoting, Charlize Theron, IndieWire's David Ehrlich, Chris Hemsworth, Dementus, He's, there's, Liz Shannon Miller, it's, who's, David Rooney, wouldn't Organizations: Service, Business, Cannes Film, Warner Bros, Hemsworth, Fury, Hollywood, The New York Times Locations: Dementus

☆ The IMF's chief is sounding the alarm, says the AI revolution is striking the job market 'like a tsunami'
▼ + stars: | 2024-05-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

IMF chief Kristalina Georgieva says AI will hit the job market "like a tsunami." "We have very little time to get people ready for it, businesses ready for it," she said on Monday. AdvertisementThe AI revolution could have a huge negative impact on the global job market, IMF Managing Director Kristalina Georgieva said on Monday. The IMF chief was delivering a speech at the Swiss Institute of International Studies in Zurich, where she talked about the impact AI could have on job seekers. AI, Georgieva said, is striking the job market "like a tsunami."

Persons: Kristalina Georgieva, Georgieva, — Organizations: Service, IMF, Swiss Institute of International Studies, Business Locations: Zurich

☆ One of the wealthiest members of Congress spent over $60 million just to lose Maryland's messy Democratic Senate primary
▼ + stars: | 2024-05-15 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +4 min

Read previewRep. David Trone, one of the wealthiest members of Congress, spent over $60 million of his own fortune to try to win a Democratic Senate primary. With nearly 40% of all votes in, Prince George's County Executive Angela Alsobrooks is projected to have defeated Trone in Maryland's Democratic US Senate primary, according to Decision Desk HQ. Schumer can't afford to lose the Senate seat if he wants to keep the party's slim majority in the chamber. Related storiesAnd Alsobrooks — who was endorsed by Maryland Democratic heavy hitters including Gov. Republicans see Montana and Ohio as their top Democratic Senate targets this year, while also looking to compete in Arizona, Michigan, Nevada, Pennsylvania, and Wisconsin.

Persons: —, David Trone, Angela Alsobrooks, Trone, Alsobrooks, Larry Hogan, Hogan, Chuck Schumer, Schumer, Alsobrooks —, Wes Moore, Sen, Chris Van Hollen, Steny Hoyer —, Maryland doesn't, West Virginia Sen, Joe Manchin's Organizations: Service, Democratic Senate, Associated Press, Democratic, Senate, Republican, Business, GOP, Democrat, Wine, Democratic Party, Maryland, CNN, Republicans, Maryland Democratic, Gov, CBS, WUSA9, The Washington Post, West Virginia, Maryland — Locations: Prince George's, Maryland, Trone, Washington, Montana and Ohio, Arizona , Michigan, Nevada , Pennsylvania, Wisconsin

☆ News publishers sound alarm on Google’s new AI-infused search, warn of ‘catastrophic’ impacts
▼ + stars: | 2024-05-15 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

In other words, users will soon no longer have to click on the links displayed in search results to find the information they are seeking. Why spend time clicking on a link when Google has already scoured the internet and harvested the relevant information with its A.I.? Coffey, whose organization represents more than 2,000 news publishers and has taken an aggressive posture toward A.I. This time with a product that directly competes with our content, using our content to fuel it. Most recently, it drew scorn after temporarily blocking some California news outlets from search results in response to a bill that would force it to pay publishers.

Persons: —, ” Danielle Coffey, Coffey, newsrooms, OpenAI, ChatGPT, Mark Zuckerberg, “, we’ll, ” Marc McCollum Organizations: New York CNN, Google, News / Media Alliance, Big Tech, The New York Times Locations: New York, California

☆ Election Updates: Biden and Trump are aiming to have two debates, the first in June.
▼ + stars: | 2024-05-15 | by ( Jonathan Swan | Maggie Haberman | ) www.nytimes.com time to read: +13 min

Mr. Biden recently indicated he would debate Mr. Trump, but had until now declined to give any firm commitment or specific details. In a video announcing his offer, Mr. Biden taunted Mr. Trump. Mr. Trump leads Mr. Biden in most polls of battleground states, including the recent surveys by The New York Times, Siena College and The Philadelphia Inquirer. Significantly more voters trust Mr. Trump over Mr. Biden to handle the economy. Mr. Biden, exasperated, famously said to Mr. Trump, “Will you shut up, man?

Persons: Biden, Donald J, Trump, —, Robert F, Kennedy Jr, Mr, Biden’s, Jennifer O’Malley Dillon, O’Malley Dillon, ”, Trump’s, “ Let’s, Donald, Ms, Mark Makela, “ Will, Susie Wiles, Chris LaCivita, Reagan, “, There’s, Kennedy, Wiles, LaCivita, George W, Bush’s, Barack Obama, Mitt Romney, Richard Perry, Romney, Hillary Clinton’s, Bill Clinton, Reid J, Epstein Organizations: The New York Times, Biden, Commission, Mr, Trump, “, ”, Republican National Convention, Republican National Committee, Siena College, The Philadelphia Inquirer, White House, CNN, Electoral College —, Republican, Democratic, ” Networks, CBS News, ABC News, Telemundo Locations: Washington, Trump’s Manhattan, York, Milwaukee, America

☆ Zuck's birthday t-shirt is a tribute to ancient Rome, Facebook's history, and going hard
▼ + stars: | 2024-05-15 | by ( Kieran Corcoran | ) www.businessinsider.com time to read: +3 min

Read previewCarthago delenda est — mean anything to you? In a series of photos showing the Meta founder celebrating his 40th birthday, Zuckerberg had a striking black shirt with a Latin phrase on it. Advertisement"Carthago delenda est" means — very emphatically — Carthage must be destroyed. As well as being a throwback to Roman history, it's a throwback to Zuckerberg's own history. So it seems appropriate that a throwback — if obscure — Latin phrase should be at the center of it.

Persons: —, Mark Zuckerberg, Zuckerberg, Kwan Wei Kevin Tan, Cato the Elder, Cato, It's, Caesar, Aurelia, Maxima Organizations: Service, Senate, Business, Google, Facebook, Harvard Locations: Carthage, Tunisia, Rome, Hannibal, Carthage's

☆ Ukrainian officials want the green light to strike targets in Russia with US weapons, saying they couldn't do anything about enemy troops massing nearby: report
▼ + stars: | 2024-05-15 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Read previewUkrainian parliamentary officials are pushing the Biden administration to remove restrictions on Kyiv striking targets in Russian territory with its arsenal of US weapons, Politico reported. Ukraine knew for weeks that Russia was massing troops at the border, with intelligence officials saying in early May that Moscow was gathering some 50,000 to 70,000 personnel there. Speaking to Politico, Ustinova said the Russians had become "smart now because they know there is a restriction for Ukrainians to shoot at the Russian territory." Ukraine has been attacking targets beyond the border — more recently on Russia's oil facilities — but only with its own drones. The policy has been criticized as a means of effectively shielding Russia from significant Ukrainian counterattack.

Persons: —, Biden, David Arakhamia, Oleksandra Ustinova, Ustinova, it's, isn't Organizations: Service, Politico, Business, Ukraine, Kharkiv, NATO, Kremlin, US Locations: Washington, Russia, Kharkiv, Ukraine, Moscow, Russian, Mariupol, Vovchansk, West

☆ The Vietage: New luxury train route in Vietnam offers stunning coastal views, afternoon tea
▼ + stars: | 2024-05-14 | by ( Karla Cripps | ) edition.cnn.com time to read: +4 min

The first “The Vietage by Anantara” luxury train carriage launched in 2020 – a six-hour journey connecting Da Nang and Quy Nhon. Courtesy Anantara“The main difference is that the new route connecting Nha Trang and Quy Nhon passes through many more coastal areas than the journey between Da Nang and Quy Nhon,” says Jones. For the six-hour journeys between Da Nang and Quy Nhon, passengers are served a pre-ordered three-course gourmet meal. The Quy Nhon-Nha Trang route includes an afternoon tea set. The original route departs from Da Nang Train Station at 8 a.m., arriving at Quy Nhon’s Dieu Tri Station at 2:03 p.m.

Persons: –, Kate Jones, ”, Jones Organizations: CNN, Dieu Tri Train Station Locations: Vietnam, Na Trang, Da Nang, Quy, Nha Trang, Trang, Thevietagetrain.com, Dieu Tri, Quy Nhon, Quy Nhon’s Dieu Tri, Southeast Asia

Blanche grilled Cohen — the prosecution's star witness in Trump's New York criminal hush-money trial — about the many times that Cohen insulted both Trump and himself on social media. Blanche said as he questioned Cohen about an April 23 TikTok Cohen made just days after the historic trial began. While questioning Cohen, Blanche then asked him about his referring to Trump as "a boorish cartoon misogynist." Michael Cohen, the ex-lawyer for former President Donald Trump, departs his home in Manhattan to testify in Trump's criminal hush-money trial. Prosecutors allege Trump illegally disguised records reimbursing Cohen for a $130,000 hush-money payment made to Daniels ahead of 2016 election.

Persons: —, Donald Trump's, Todd Blanche, Michael Cohen, Blanche, Cohen, Trump, douchebag, TikTok Cohen, Cohen deadpanned, Donald Trump, Mike Segar Cohen's, Juan Merchan, Jvlebw8A1O, Jacob Shamsian ⚖️, Cohen's, Susan Hoffinger, Stormy Daniels, Daniels, reimbursing Cohen Organizations: Service, Business, REUTERS, MeidasTouch Network, Trump, White, Prosecutors Locations: Trump's New York, Manhattan, ., Tahoe

☆ Behind the curtain of the global arms trade
▼ + stars: | 2024-05-14 | by ( Momo Takahashi | ) www.businessinsider.com time to read: +7 min

In his new book, "Nothing Personal: The Back Office of War," photographer Nikita Teryoshin lifts the veil on the global arms trade, capturing defense exhibitions worldwide. Closed to the public, his series offers a rare inside look into the lucrative global arms industry. Guests, politicians, and traders watch a live demonstration of warfare at the International Defense Exhibition in Abu Dhabi. After the construction and the oil and gas sectors, the global arms trade is one of the most corruption-prone sectors in the world, according to Transparency International. By contrast, the international trade of bananas is more tightly regulated than the arms trade, according to the introductory note of the United Nations Arms Trade Treaty.

Persons: Nikita Teryoshin, Teryoshin, Rafael, KAI, Lockheed Martin Organizations: Business, International Defense, Bofors, International Defense Industry, International Defense Exhibition, Rafael Advanced Defense Systems, United Nations Arms, Black Eagles, Nikita, Kalashnikov, Lockheed Locations: East, Ukraine, France, Paris, United States, China, Abu Dhabi, Russia, India, Poland, UAE, Saudi Arabia, Peruvian, Lima , Peru, Korean, Seoul

☆ John Cleese is a Miu Miu man
▼ + stars: | 2024-05-14 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —A black crewneck, mid-wash jeans, white blazer and a distressed denim Miu Miu cap. Or is the senior a dedicated Miu Miu man? John Cleese's denim Miu Miu cap retails for $550. Originally billed as the spry, sometimes juvenile sibling to grown-up Prada, Miu Miu has not so much rebranded as redefined its vision of youth. Kristen Scott Thomas walked the runway for Miu Miu in September.

Persons: Miu, Sydney Sweeney, Emma Chamberlain — it’s, octogenarian John Cleese, Cleese —, Monty Python, “, —, Miu Miu, Cleese, Camilla Cleese, Robin Williams, Jean Paul, Gaultier, Issey Miyake, Alexander McQueen, John, Prada, spry, ‘, ’, Miuccia Prada, Kristen Scott Thomas, Emma Chamberlain, Ayo Edebiri, Emma Corrin, Qiu Huilan —, Chris Evans, Michael Palin, Terry Gilliam, ”, Evans Organizations: CNN, Paris Fashion, Virgin Radio Locations: British, Paris

☆ Gold Gala fashion: ‘It’s the one place where you can really represent’
▼ + stars: | 2024-05-13 | by ( Stephy Chung | ) edition.cnn.com time to read: +5 min

On Saturday, stars gathered on the steps of The Music Center in Los Angeles for the Gold Gala — a celebration of Asian Pacific influential talent across entertainment, fashion, technology and more, hosted by the non-profit Gold House. Actor Eugene Lee Yang attends the Gold Gala in an eye catching ensemble. It’s not something that I grew up imagining I’d have for myself.”Lucy Liu, wearing a gown by Bibhu Mohapatra, and Karan Johar exchange a greeting at the Gold Gold 2024. Michael Kovac/Getty ImagesFrom left to right, Shelby Rabara and Harry Shum Jr. attend the Gold Gala. So that’s been wonderful to see people take chances, and how we’ve knocked it out of the park,” Lakshmi told CNN.

Persons: Karrueche Tran, Thai Nguyen, “, ”, Tran, Nymphia, Sheng Cheong, Karan Johar, Agnez Mo, Eugene Lee Yang, Charley Gallay, Araya Doheny, Jeannie Mai, ” “, Padma Lakshmi, Lucy Liu, Joel Kim Booster, ” Lucy Liu, Bibhu Mohapatra, Michael Kovac, Shelby Rabara, Harry Shum Jr, Monica Schipper, USC Annenberg, Tommaso Boddi, Rodin Eckenroth, that’s, we’ve, ” Lakshmi, Prabal Gurung Organizations: Los Angeles CNN, The Music Center, CNN, Getty, Pacific, Gold House, USC Locations: Los Angeles, Pacific, American, Vietnamese, African American, City, ”, Indonesia, Hollywood, Thai

☆ MrBeast's breakup with his talent manager is a wakeup call that influencers won't always need middlemen
▼ + stars: | 2024-05-13 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

YouTube star MrBeast has parted ways with his talent manager after six years. AdvertisementMrBeast broke up with his talent manager of six years, and it's a wake-up call. YouTube's biggest star striking out alone could signal that creators may not always need middlemen. "He's just taking control of his brand," Varbanova said. An in-house team would likely have a narrower network than a talent agency and be able to offer less support with other tasks.

Persons: MrBeast, —, Jimmy Donaldson, Donaldson, Reed Duchscher, Semafor, Duchscher, Donaldson's, influencers, Nikita Walia, Walia, Katya Varbanova, Gleam, Alfie Deyes, Jim Chapman —, Raff McDonald, Varbanova, Burger, He's, It's, he's, Courtney Bagby Lupilin, Lupilin, doesn't Organizations: Service, Night Media, Bloomberg, Blank, Inc, YouTube, Little Red Management Locations: Dallas, —

☆ Stock futures are little changed as investors brace for key inflation reports: Live updates
▼ + stars: | 2024-05-13 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures flickered near the flatline Monday evening as Wall Street braced for the release of key inflation reports. S&P 500 futures inched down 0.02%, while Nasdaq 100 futures slipped 0.08%. Another market catalyst will emerge Tuesday morning as the first of two key inflation reports will be released. "It's not unusual for Wall Street and Main Street to see the economy differently — the different perspective stems from different points of focus. Stock market movements are based on expectations of future economic performance, not necessarily current conditions," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management.

Persons: Dow, Dow Jones, Jerome Powell, Brent Schutte Organizations: Nasdaq, Dow Jones Industrial, New York Federal Reserve, PPI, Northwestern Mutual Wealth Management

☆ Stock market today: US stocks rise ahead of a big week with April inflation on deck
▼ + stars: | 2024-05-13 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Investors have a big week ahead for economic data, including April CPI and retail sales results. AdvertisementUS stocks edged higher on Monday ahead of a busy week of economic data that could shake stock prices. The most anticipated report for investors this week is Wednesday's release of the April consumer price index report. The inflation data will help investors determine when the Federal Reserve might cut interest rates this year. Ahead of consumer inflation data, the producer price index will be released on Tuesday, with median estimates suggesting a 0.2% rise in April.

Persons: —, Jerome Powell, Neel Kashkari Organizations: Dow Jones, Service, Federal Reserve, Investors, CPI, Philadelphia Fed, Minneapolis Fed Locations: Here's

☆ GM’s self-driving car unit restarts testing on public roads
▼ + stars: | 2024-05-13 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Cruise, General Motors’ autonomous driving technology subsidiary, will start taking its self-driving vehicles out on public roads again this week. The company had stopped testing last October following an incident in San Francisco in which a pedestrian was badly injured. Last October, a Cruise self-driving car, with no one inside, hit a pedestrian after the person had first been struck by another vehicle. After striking the pedestrian, the Cruise vehicle attempted to pull off to the side of the road to avoid causing an obstruction. About two days later, Cruise announced it was halting all operations nationwide while it investigated the incident and the company’s response to it.

Persons: CNN — Cruise, ”, Cruise, Quinn Emanuel Urquhart, Sullivan, ” Cruise, “ Organizations: CNN, Motors, Cruise, California Department of Motor Vehicles Locations: San Francisco, Phoenix , Arizona

☆ Worry About Women Voters Drove Trump’s Hush-Money Decisions, Cohen Says
▼ + stars: | 2024-05-13 | by ( Michael Wilson | ) www.nytimes.com time to read: +1 min

The striking amount of time and energy that went into covering up Donald J. Trump’s alleged affairs in the run-up to the 2016 election, and the panic among his aides over their impact on female voters, returned front and center in the testimony of Michael D. Cohen on Monday. Mr. Cohen and a team at The National Enquirer spoke seemingly constantly about how to keep these women quiet, even as new accounts surfaced that required awkward conversations with the candidate. Accounting departments were engaged, front companies were created, and misleading invoices were produced, according to witnesses for the prosecution. The “Access Hollywood” tape, a recording of Mr. Trump talking about groping women with impunity, landed like a bombshell in 2016. Mr. Trump urged Mr. Cohen, who was in London, to reach out to his contacts in the news media.

Persons: Donald J, Trump’s, Michael D, Cohen, Trump, Mr, Chris Cuomo Organizations: National Enquirer, Mr, CNN, Trump Locations: London

☆ Facing an Endless Barrage, Ukraine’s Air Defenses Are Withering
▼ + stars: | 2024-05-13 | by ( Josh Holder | Constant Méheut | ) www.nytimes.com time to read: +13 min

Facing an Endless Barrage, Ukraine’s Air Defenses Are WitheringThis is what a year of Russian missile strikes on Ukraine looks like. Ukrainian air defenses used to intercept most missiles, but in recent months, more and more have made it through. Ukraine has made increasingly desperate pleas for more air defenses from its Western allies. But it could be months before enough weapons arrive to significantly bolster Ukrainian air defenses. Ukrainian air defenses downed the first seven — but had no choice but to let the next four pass, he said.

Persons: Jan, Volodymyr Zelensky, “, ”, Tom Karako, Maj, Ilya Yevlash, Konrad Muzyka, Odesa, Yevlash, Justin Bronk, Mr, Bronk, Barber Organizations: Russian, New York Times, Ukrainian Air Force, Patriot, United, Kremlin, PBS, Missile Defense, Center for Strategic, International Studies, Ukrainian Air, Patriots, Rochan Consulting, Kyiv Kharkiv Dnipro Odesa, Kyiv Kharkiv Dnipro Odesa Kyiv, Kyiv Kharkiv Dnipro Kyiv, Royal United Services Institute Locations: Russian, Ukraine, Russia, United States, Kyiv, Ukrainian, Washington, Poland, Dnipro, Zaporizhzhia, Kharkiv, Odesa, Dnipropetrovsk, Texas, London

☆ Opinion | What Donald Trump Would Do for $1 Billion
▼ + stars: | 2024-05-11 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +3 min

Not to spend too much time writing about Donald Trump this week, but I was struck by this report in The Washington Post on the former president’s recent overtures to oil executives. After hearing one executive during an event last month at his Mar-a-Lago club complain about supposedly burdensome environmental regulations promulgated by the Biden administration, Trump made a proposition. You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. His hotel, located just down the street from the White House, was a clearinghouse for anyone who wanted to buy a favor. And six months after leaving the White House, Jared Kushner secured a $2 billion investment from a fund led by the crown prince of Saudi Arabia.

Persons: Donald Trump, Biden, Trump, ” Trump, I’m, Trump’s, Tweed, Roscoe Conkling, Jared Kushner Organizations: The Washington Post, White Locations: The, Gulf of Mexico, Saudi Arabia

☆ Meet the millennials who suddenly doubled their wealth in the last 4 years after an adulthood plagued by bad economic luck
▼ + stars: | 2024-05-11 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +11 min

"So looking at even a $150,000 price tag for a house, you're just like, when is that ever going to happen?" In the fourth quarter of 2019, millennials held $3.5 trillion in real estate wealth; as of the fourth quarter of 2023, that's more than doubled. Average millennial wealth doubled between 2019 and 2023, according to an analysis from the Center for American Progress. For example, Gen Xers' real wealth grew by only 4% in the four years following 2007's Great Recession. Baby boomers' real wealth grew by 46% in the four years after the 1990 recession.

Persons: —, James Barnes, Barnes, you'd, millennials, Khary, Gen Xers, boomers, Joe Biden, Biden, didn't, Amanda, Rob Gruijters, They're, there's, Caitlin de Oliveira, she's Organizations: Service, Navy, BI, Center for American Progress, University of Cambridge, Research Locations: Lawrenceville , Georgia, Atlanta, Alabama, —, Texas

☆ The US Army's new plan to counter Russia and China has a glaring problem, experts say
▼ + stars: | 2024-05-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The 2024 Army Force Structure Transformation would be the Army's fifth major reorganization since 2003. The most striking aspect of the Army's plan is the large number of new units, for counter-drone protection as well as air and missile defense. In addition, there would be nine counter-small UAS batteries tasked with destroying small drones, and four more Maneuver Short Range Air Defense (M-SHORAD) battalions to stop manned aircraft, helicopters and drones. Monica K. Guthrie/US ArmyThe Army is also basing its plans on untried weapons, such as the Long-Range Hypersonic Missile and air defense lasers. China and Russia have much stronger air and missile forces than the regional opponents the army has faced for the last generation."

Persons: Monica K, Mark Cancian, Cancian, Michael Peck Organizations: Service, US Army, 2024, Army, Business, Congressional Research Service, Congress, Air Defense, Domain, Forces, CRS, Special Operations Forces, Security Force, Guthrie, Energy, Center for Strategic, International Studies, US, Nuclear Forces, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, China, Soviet Union, Ukraine, Forbes

☆ US F-16s could play a vital role in isolating Crimea and humiliating Putin, says defense analyst
▼ + stars: | 2024-05-11 | by ( Cameron Manley | ) www.businessinsider.com time to read: +6 min

US F-16s will have a big impact in helping Ukraine reclaim Crimea, an analyst told BI. AdvertisementThe delivery of US-made F-16s could play a crucial role in Ukraine's attempts to take back occupied Crimea, a defense expert told Business Insider. In the latest blow on Monday, Ukraine used an exploding naval drone to destroy a Russian military speedboat in Crimea. Explosion causes fire at the Kerch bridge in the Kerch Strait, Crimea on October 08, 2022. There are signs that these attacks are forcing Russia to rethink its use of the peninsula and the Kerch bridge.

Persons: —, Ukraine's, Frederik Mertens, Mertens, Putin, Vera Katkova, Molfar Organizations: Service, Hague, Strategic Studies, Kharkiv, US, The New York Times, Army Tactical Missile Systems, Sea, Russian Defense Ministry Press Service, AP, Fleet, Anadolu Agency, Getty Locations: Ukraine, Crimea, Denmark, Norway, Belgium, France, Romania, Kerch, Ukraine's, Russian, Russia, The, Sevastopol

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