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☆ S&P 500 rebounds to less than 1% from a record after orderly three-week pullback
▼ + stars: | 2024-05-11 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The five-month, 28% sprint from the October correction low to the record high on the last trading day of the first quarter left the S & P 500 overbought, overheated and over-loved. .SPX YTD mountain S & P 500, YTD So far, so good, three weeks down and now three weeks up, taking the S & P 500 back to within 1% of its March 28 peak. More specifically, he tracks the correlation between S & P 500 and the Citi Economic Surprise Index. Fidelity Investments head of global macro Jurrien Timmer fashioned this look at the path of S & P 500 earnings heading into and through each calendar year, with 2024 holding up better than 2023 was last year at this time. The last time the S & P 500 was at today's level above 5200 in late March, the 12-month forward price/earnings multiple was 21.

Persons: that's, Jerome Powell, Scott Chronert, It's, Powell, Lori Calvasina, we've Organizations: U.S, Bank, Citi, Citi U.S, Fidelity Investments, Treasury, RBC Capital

☆ US Marines debuted a new amphibious combat vehicle, which was previously pulled out of the water after multiple rollovers
▼ + stars: | 2024-05-08 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +4 min

The US Marines' new amphibious combat vehicle made its first overseas deployment in the Philippines. AdvertisementThe Marine Corps ' new amphibious combat vehicle, or ACV, debuted in the Philippines as part of its first overseas deployment after more than a year-and-a-half of limited operations. AdvertisementA US Marine Corps amphibious combat vehicle splashes off the amphibious dock landing ship USS Harpers Ferry (LSD 49) during Exercise Balikatan 24 in Palawan, Philippines. AdvertisementUS Marine Corps amphibious combat vehicles conduct a towing exercise during Exercise Balikatan 24 in Palawan, Philippines. That vehicle, called the amphibious assault vehicle, or AAV, had been used since the 1970s.

Persons: —, ACVs, Col, Sean Dynan, Lance Cpl, Peyton Kahle, Matthew Bylski, Chris Mahoney, Boxer, Military.com Organizations: US Marines, Service, Corps, Marines, Pacific, 15th Marine Expeditionary Unit, Marine Corps, US Marine Corps, . Locations: Philippines, Philippine, South, Camp Pendleton , California, Palawan, Oyster Bay, USS Somerset, San Diego

☆ Where 3 Dead Tourists Were Found Fast, Thousands Remain Missing
▼ + stars: | 2024-05-06 | by ( Emiliano Rodríguez Mega | ) www.nytimes.com time to read: 1 min

When two Australian brothers drove down to Mexico’s northwest coast from San Diego last week with their American friend, they were looking to catch the crisp waves that make Baja California a popular destination among travelers from across the world. But soon after arriving to the Mexican city of Ensenada, Callum Robinson’s Instagram posts of his surf adventure ceased. The group stopped answering calls and texts. He and his brother Jake never showed up at an Airbnb they had booked, their mother said in a social media post, pleading for help from anyone who had seen her two sons. On Sunday, Mexican authorities announced that the bodies of the three tourists, found at the bottom of a well with gunshot wounds to their heads, had been identified by their families.

Persons: Callum Robinson’s Instagram, Jake Organizations: San Diego Locations: San, Baja California, Mexican, Ensenada

☆ Elon Musk and Jeff Bezos hang out with celebrities in Miami during the F1 Grand Prix weekend
▼ + stars: | 2024-05-05 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

The Miami Grand Prix took place this weekend. AdvertisementBillionaires mingled with athletes and celebrities this weekend during the Miami Grand Prix. The third-annual Miami Grand Prix officially kicked off on Friday, with racers like Max Verstappen and Daniel Ricciardo duking it out on the Miami International Autodrome. Alexander Tamargo/Getty ImagesElon Musk also made an appearance during the Miami Grand Prix weekend. Alexander Tamargo/Getty ImagesAlthough the Miami Grand Prix is a spectacle that draws F1 fans from all walks of life, it also helps boost the local economy.

Persons: Jeff Bezos, Elon Musk, —, Max Verstappen, Daniel Ricciardo duking, Tom Brady, Clive Rose, Page, Miami Mayor Francis Suarez, Alex Spiro, Jamie Saltar, Brady isn't, Bezos, Brady, Ken Griffin, Alexander Tamargo, Musk, Ken Griffins, Jared Kushner, Ivanka, Romain Maurice, Ivanka Trump, LeBron James, Patrick Mahomes Organizations: Miami, Prix, Elon, Service, Miami Grand Prix, Miami International, NFL, Sports Illustrated, Miami Mayor, Getty, Express, Citadel, Citadel Securities, Ivanka Trump, Los Angeles Lakers, Kansas City Chiefs, Athletic Locations: SoFlo, Miami, Bezos, Citadel, Chicago, South Florida, Miami , Florida

☆ Urris: Irish moonshine and the village that declared itself an outlaw republic
▼ + stars: | 2024-05-02 | by ( Yolanda Evans | ) edition.cnn.com time to read: +8 min

Back in the 19th century, however, this county was at the center of an illegal trade in poitín – or Irish moonshine. Inishowen in particular was such a hive of illegal activity that the area was jokingly referred to as the Urris Poitín Republic. Fed up with the heavy fines, the people of Urris declared themselves the independent nation of the “Urris Republic of Poitín” and sealed themselves in by collapsing the pass in 1812, McLaughlin-Doherty explains. The townspeople were able to be self-sufficient because of their farmlands and fishing, thus allowing the Urris Republic of Poitín to last for three years before the coup was ended in 1815. The Catholic Church, a stronghold in Ireland, was instrumental in the eventual curbing of illegal poitín production.

Persons: there’s, Malin, –, uisce, Innis Murray, Martin Hegarty, Jennifer McLaughlin, Doherty, “, Urris, McLaughlin, Poitín, ”, Pat Doherty, poitín, Clara Molden, Aengus King, Pádraic Ó Griallais, Poitin, Ó Griallais Organizations: CNN, Donegal, distillers, Irish Ancestral Tours, Research, “, Catholic, Camera, Drinks, Micil Distillery, Revenue, Department, Agriculture Locations: Inishowen, Ireland’s, There’s, Clonmany, Lenan, poitín, Republic, Ireland, Sligo, Urris, Poitín Republic, Poitín, Urris Republic, Republic of Urris, Ireland’s Shannon, Dublin, Drinks Ireland, Galway, “, Britain

☆ Sebastian Steudtner: Why big wave surfer feels most at ‘peace’ at the mercy of Mother Nature
▼ + stars: | 2024-05-02 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

Set against these watery-monoliths of Mother Nature, Steudtner looks totally vulnerable, but it’s a brief moment in time when the surfer feels most at peace. “It’s complete chaos and you would think, as an outsider, it’s terrifying,” the big wave surfer tells CNN Sport. Simon Hofmann/Getty ImagesBig wave surfing is certainly not for everyone. “It’s the largest physical energy in the ocean which is about to explode on the shore, and I realize how small, little, insignificant and nothing we are as humans compared to nature,” Steudtner says. I can ride the wave the way I want to ride the wave.

Persons: Sebastian Steudtner, Nature, “, Steudtner, Octavio Passos, he’s, ” Steudtner, ”, Simon Hofmann, I’m, Eric –, lumpy ”, Stefan Matzke, windsurfer Organizations: CNN, CNN Sport, “, German Navy Locations: Portugal, Nazaré, Europe, Hawaii, Germany

Kline was drafted in 2000 by the St. Louis Rams (now the Los Angeles Rams). He was an offensive lineman until 2002, when he left the NFL after sustaining several concussions. The boutique Los Angeles firm focuses almost exclusively on sports dealmaking — though it also works on capital raises and makes its own investments. The firm's website says it has also advised on deals for franchises like the Golden State Warriors, the Miami Heat, the Los Angeles Dodgers, Bologna FC, and the San Francisco Giants. Kline works alongside Sean Clemens and Edwin Draughan, who focus on sports mergers and acquisitions.

Persons: Andrew Kline, Park Lane Andrew Kline, Lane Kline, Kline, Sean Clemens, Edwin Draughan Organizations: St, Louis Rams, Los Angeles Rams, NFL, Athletes ' Agency, Cincinnati Bengals, MLB's Cincinnati Reds, Sports Business, Golden State Warriors, Miami Heat, Los Angeles Dodgers, Bologna FC, San Francisco Giants, NCAA Locations: San Diego, Los Angeles, Angel

☆ I've visited 93 countries, 57 of them with kids. These 5 underrated spots are great places to enjoy with your family.
▼ + stars: | 2024-04-23 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

Since 2000, I've visited 93 countries and 57 of them have been with my four children who are all under the age of 10. We went on a safari tour in TanzaniaOur family visited Tanzania in 2019 in collaboration with a tourism brand. We love Sri Lanka so much, we're building a villa thereIn 2022, my family and I moved to Sri Lanka from Abu Dhabi. Edwards' daughter and son on a beach in Sri Lanka. Courtesy of Karen EdwardsI visited the country in 2008, and then again in 2012 with my then-boyfriend and now-husband.

Persons: Karen Edwards, Edwards, —, I've, Abu, Abu Dhabi, you'll, Al, we're, It's, We'd Organizations: Service, Disney, Mto, United Arab, Oasis, Catalonian Locations: Tanzania, Abu Dhabi, America, California, Florida, Zanzibar, Tanzanian, Lake, Dubai, United Arab Emirates, Al Ain, Hafeet, Sri Lanka, Galle, Andorra, Pyrenees, Spain, Barcelona, Toulouse, France, Karen Edwards Andorra, Macedonia Macedonia, Balkan, Greece, Europe, Albania, Macedonia

☆ Sebastian Steudtner says he has surfed the ‘unsurfable’ after drone technology measures 93.7-foot wave as world record
▼ + stars: | 2024-04-22 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —German surfer Sebastian Steudtner may have broken his own record for riding the biggest wave in history earlier this year. The monster wave in the famed surfing sport of Nazaré, Portugal was provisionally measured at 28.57 meters (93.72 feet), pending ratification. If confirmed, the wave would eclipse Steudtner’s current record of 26.21 meters (86 feet) set in 2020, also in the fishing village of Nazaré. Steudtner holds the record for the biggest wave ever surfed. “We were, for the first time, surfing the biggest waves in stormy conditions which were considered unsurfable.

Persons: Sebastian Steudtner, Steudtner, ”, “, Team Steudtner, Marcus Schmelz, Gigantes de Nazaré, Lucas “, ” Steudtner Organizations: CNN, CNN Sport, ” Porsche, Team, Porsche Engineering, Surf League, Quattro, Siemens Locations: German, Nazaré, Portugal

☆ Gabriela Bryan: ‘Magical’ moment as surfer shares wave with pod of dolphins as she wins first world championship tour event
▼ + stars: | 2024-04-21 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —Gabriela Bryan won her first world championship tour event at the Western Australia Margaret River Pro on Sunday and in a “magical” moment in the final, the Hawaiian surfer shared a wave with a pod of dolphins. It’s insane, I just won,” Bryan said on the World Surf League (WSL) broadcast. It was magical.”Gabriela Bryan celebrates her first world championship tour win. In the men’s event, Australia’s Jack Robinson won, beating two-time world champion John John Florence, who had scored a perfect 10 in the semifinals. “That was the final I wanted, I wanted to throw everything at it.

Persons: CNN — Gabriela Bryan, Australia Margaret, Bryan, Sawyer Lindbald, I’m, ” Bryan, ” Gabriela Bryan, Beatriz Ryder, Australia’s Jack Robinson, John John Florence, Robinson, “, John, we’re, ” Organizations: CNN, Australia Margaret River Pro, Surf League, Getty Locations: Australia, Florence

☆ I've been to 54 countries and have lived in 10. These 5 underrated places are worth the trip.
▼ + stars: | 2024-04-20 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +11 min

Kate Boardman has visited 54 countries around the world and lived in 10, including the US. She's enjoyed spots like France and Bali but says people should visit underrated places like Oman. I've been to 54 countries and lived in 10, including the US. I also think spots like Cancun are super overrated; there are way cooler places to visit in Mexico. Kate Boardman/@wildkat.wandersI first lived in Guatemala in 2021, where I worked as a teacher at an international school.

Persons: Kate Boardman, She's, —, I've, Boardman, It's, You've, they're, @wildkat.wanders, Kate Boardman There's, There's, you've, Earth Organizations: Service, Antigua —, United Arab Locations: France, Bali, Oman, Ecuador, Guatemala, Massachusetts, Germany, Tblisi , Georgia, Paris, London, Cancun, Mexico, Iran, Maharloo, Georgia, Tbilisi, It's, Soviet Union, Kazbegi , Georgia, Turkish, Central America, Costa Rica, Tikal, Guatemala City, Antigua, Boardman, Livingston , Guatemala, El, United Arab Emirates, Yemen, Muscat, Caribbean

☆ She set out to find a husband in a year. Then she matched with a guy on a dating app on the other side of the world
▼ + stars: | 2024-04-19 | by ( Francesca Street | ) edition.cnn.com time to read: +21 min

He quickly found the Wellington dating pool to be full of people he vaguely knew – friends of friends or old college acquaintances. The whole thing was quite surreal, made only more so by the fact that Samantha had now met Toby’s parents before she’d actually met Toby in person. When Samantha returned to London, Toby was in a bad way. “But we were spending 24/7 together.”Samantha says the decision was obvious “pretty much as soon as we met in real life.”In time, Toby met Samantha’s family. Telling the story on stageSamantha first told the story of how she met Toby on stage in 2018.

Persons: Samantha Hannah, Samantha, “, ”, ” Samantha, she’d, absentmindedly, I’d, ’ ”, wasn’t, Samantha swiped, Toby, –, ” Toby, Toby Hunter, he’d, Samantha’s, – Samantha, Wellington, “ Sammy, ” she’d, – he’d, they’d, he’s, Samantha Hannah Toby, Sammy, I’m, Toby’s, “ We’d, ’ Toby, Samantha Hannah Samantha, Toby hadn’t, ’ ” Samantha, Samantha –, London, Madame Tussauds, Samanta’s, Time, Samantha didn’t, who’d, that’s, didn’t, ” –, Mount, “ We’re, Samantha Hannah Today, she’s, It’s, Toby –, it’s, doesn’t, We’ve, we’ve, Toby aren’t, “ I’ll, Toby hasn’t, “ We’ve, Toby wasn’t Organizations: CNN, CNN Travel, Facebook, Marlborough, Civilian, New Zealand, MTV, London, Design Museum, Wellington Opera House, Edinburgh Fringe, Scottish, Comedy Locations: Australia, New Zealand, Perth, Scotland, Zealand, Wellington, Gisborne , New Zealand, Napier, London, Bali, Wellington , New Zealand, NZ, Glenorchy , New Zealand, New, ”, Budapest, Hungary, Heathrow, Toby’s, “, Edinburgh

☆ Surfing great Kelly Slater hints at end of glittering, decades-long career
▼ + stars: | 2024-04-16 | by ( James Legge | ) edition.cnn.com time to read: +2 min

The 52-year-old American, an 11-time world champion, missed the World Surf League’s mid-season cut after losing to compatriot Griffin Colapinto – a man 27 years his junior – in the round of 32 at the Margaret River Pro. This time “feels like the end,” Slater told World Surf League Monday. Slater’s era of dominance began in 1992, when, at age 20, he became the youngest ever men’s world champion, a record he still holds. “It’s been an incredible lifetime of memories,” Slater said at Margaret River on Monday. But it’s been the best times of my life.”And though his storied surf career is coming to an end, Slater added it feels like “the start of something else, the start of the rest of life.”

Persons: CNN — Kelly Slater, compatriot Griffin Colapinto –, Margaret River, ” Slater, ”, Pamela Anderson, “ Kelly Slater’s, Kelly Slater, Australia Margaret, Australia Margaret River Pro, Beatriz Ryder, Slater, “ It’s, “, it’s Organizations: CNN, Margaret, Surf, Australia Margaret River, Fiji Locations: Western Australia, Florida, United States, Australia

☆ Becca Speak: A surfing injury left her speechless. Now, this pro surfer is raising awareness of head injury.
▼ + stars: | 2024-04-10 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +7 min

“I didn’t really know what was happening. Romero has her own experience with head injuries, after sustaining a TBI snowboarding while she was in high school. It was a pretty serious brain injury,” she told CNN Sport. Romero and co-director Anna Wilder Burns wanted to use Speak’s story to raise awareness of the impact of brain injuries. Throughout her treatment, Speak realized she had been living with the effects of her untreated head injuries for most of her adult life.

Persons: Becca Speak, ’ …, ”, she’s, Jordyn Romero, Romero, “, –, Anna Wilder Burns, Burns, ’ ” Burns, I’ve, ” “ Organizations: CNN, Billabong, CNN Sport, US Centers for Disease Control, CDC, Nature

☆ ‘Lose weight quick’ online schemes don’t work. Dr. Mike offers these 5 tips instead
▼ + stars: | 2024-03-30 | by ( Andrea Kane | ) edition.cnn.com time to read: +9 min

Dr. Mikhail Varshavski is known as Dr. Mike on social media. “Zoom out of just thinking about, ‘What I can take or what I can eat?’ and understand that there’s a lot of other things that impact your weight,” Dr. Mike said. “(Make) sure that you get help when it comes to mental health issues and concerns,” Dr. Mike said. For example, Dr. Mike said he recently had a guest on his podcast who tried to equate a chocolate kiss to a grape. While you may compare them based on their sugar content, that’s one way to categorize them,” Dr. Mike said.

Persons: Sanjay Gupta, what’s, Mikhail Varshavski, Mike, “, Ponce de León, we’re, ” Dr, Dr, ”, ” “, edu ”, ‘, That’s, “ It’s, You’re, Skip, you’re, Jennifer Lai Organizations: CNN, Facebook, YouTube, TED, Inc, US Centers for Disease Control, Harvard Medical Locations: Chatham , New Jersey, Ponce, “ .

☆ Why this snowy Japanese island is a food lover’s paradise
▼ + stars: | 2024-03-07 | by ( Milly Chan | ) edition.cnn.com time to read: +10 min

Hokkaido, Japan CNN —Hokkaido, Japan’s northernmost main island, is unlike anywhere else in the country. Chef Tomoyuki Takao in the kitchen of his eponymous Hokkaido restaurant. “I realized that the indigenous Ainu people were the most knowledgeable about the forest,” Takao says. It was the first Japanese wine ever served in the iconic restaurant Noma in Copenhagen, and is a firm favorite on Takao’s wine list. The ocean’s winter bountyVideo Ad Feedback Discover why these clams taste best in winter 06:25 - Source: CNNSeafood is an integral part of Hokkaido’s food culture.

Persons: Tomoyuki Takao, CNN “, “, ” Takao, Takao, ”, Sonoko Fukae, “ I’ve, Yu Uchida, Uchida, ” Uchida, Japow isn’t, Soga, Yoichi, Soga’s, ” Takahiko, Akio Kashiwamura, ” Kashiwamura, Kashiwamura, doesn’t, Akemi Yokoyama, Kazuki Akazawa, Akazawa, it’s Organizations: CNN, Japan CNN, Michelin, European, Ebetsu, ”, CNN Seafood Locations: Hokkaido, Japan, Sapporo, French, Honshu, Shikisai, Copenhagen, Takao, Burgundy, France, Okhotsk, ”, Notsuke, Tomakomai

☆ I'm part of the sandwich generation. Taking care of my aging father and young son is a balancing act.
▼ + stars: | 2024-03-05 | by ( Jennifer Bringle | ) www.businessinsider.com time to read: +5 min

As part of the 'Sandwich Generation,' I'm caring for an older parent while caring for my kids. Finding a balance is difficult, but I'm trying to appreciate this time with my father and my son. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Balancing taking care of my dad and my son has been difficultAt the same time, I'm a 45-year-old working mom of an elementary school-aged kid — an older parent myself. And logistics aside, I sometimes feel as though I'm not giving either my son or my dad the full attention they deserve.

Persons: —, I'd, he's, I'm Organizations: Service

☆ I tried Tripadvisor's free AI tool to plan trips to Maui and Montreal. It was useful in some ways, but I won't stop doing my own trip research.
▼ + stars: | 2024-03-05 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +8 min

When my editor suggested having someone try out Tripadvisor's free AI trip builder, I immediately volunteered — yes, because I am a team player, but also because I thought I might personally find it useful. AdvertisementThe Maui itinerary had some good ideas, but, overall, the responses were lackingThe trip planner starts by asking some basic questions:Where do you want to go? Ultimately, the Maui itinerary gave me some good ideas but also some not-so-good ones, and missed many others. Tripadvisor's AI tool was useful for initial research on MontrealUsing the tool to plan a trip to a place I know next to nothing about made me appreciate it a bit more. The most useful aspect of Tripadvisor's AI tool was that the itinerary came with a map that marked all of the attractions and restaurants it recommended.

Persons: —, Tripadvisor, Hana, Hana —, Amir Eylon Organizations: Service, Business, Swiet, Maui Fish, Downtown, Longwoods International, Longwoods Locations: Maui, Montreal, Hawaii, Hana, Lahaina, Downtown Montreal, Canada

☆ Alleged murder of Sydney couple by police officer reopens old wounds in LGBTQ+ community
▼ + stars: | 2024-03-01 | by ( Angus Watson | ) edition.cnn.com time to read: +7 min

Sydney, Australia CNN —The alleged murder of a young Sydney couple by a serving police officer has opened a tragic new chapter in the troubled history between the force and the city’s LGBT+ community and cast a shadow over Mardi Gras, a vibrant annual celebration of their culture. The bodies of Sydney couple Luke Davies and Jesse Baird were found a week after their alleged murder. Adding to that distress was a photo circulated widely of the alleged killer marching in police uniform at the 2020 Mardi Gras. The couple's alleged murder has cast a shadow over the annual Sydney Gay and Lesbian Mardi Gras parade. Recommendations to police included reinvestigating some of the suspected hate crimes murders, but also for officers to take courses in LGBT+ bias and to improve relations with the LGBT+ community.

Persons: Australia CNN —, Senior New South Wales Police Constable Beaumont Lamarre, Condon, Jesse Baird, Luke Davies, Baird, Davies, @Jesse Baird, Kate Webb, Taylor Swift, Taylor, ” Webb, Mardi, Jesse, Luke who, Webb, ”, “, Jenny Evans, ” It’s, Mardi Gras, Robert French, Tony Crandell, John Sefton, John Sackar, Sackar Organizations: Australia CNN, Mardi Gras, Senior New South Wales Police, Baird’s Paddington, revelers, Gay, Instagram Police, NSW Police, NSW police, Sydney Gay, 78er, ‘, Oxford, International, Sunday Locations: Sydney, Australia, Mardi, Senior, Baird’s, Sydney’s, Mardi Gras, NSW, Newspix, Police

☆ Australian police find bodies in search for missing couple
▼ + stars: | 2024-02-27 | by ( Alex | ) edition.cnn.com time to read: +1 min

CNN —Australian police have found two bodies in the search for a missing couple allegedly killed by a police officer. New South Wales Senior Constable Beaumont Lamarre-Condon, 28, was charged last week with the murders of his former boyfriend Jesse Baird, 26, and Luke Davies, 29. “We’re very confident that we have located Luke and Jesse,” NSW Police Commissioner Karen Webb told a news conference on Tuesday. Lamarre-Condon had provided information to help locate the bodies, Webb added. Police previously said that a search of Baird’s home found blood, a “projectile” and a fired cartridge case that was matched to Lamarre-Condon’s firearm.

Persons: New South Wales Senior Constable Beaumont Lamarre, Condon, Jesse Baird, Luke Davies, “, Jesse, Karen Webb, Lamarre, Webb, Daniel Doherty, ”, Davies, Baird Organizations: CNN, Australian, New South Wales Senior, ” NSW Police, Police Locations: NSW, Bungonia, Sydney, Paddington, Cronulla

☆ Reports of Russia building nuclear space weapons have alarmed officials, but security experts aren't panicked — yet
▼ + stars: | 2024-02-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Cryptic intelligence reports this week of Russia building an unspecified nuclear space weapon stoked fear among Americans who worried escalating nuclear threats could mean global catastrophe is near. Experts on space security and the risks posed by nuclear weapons told Business Insider that rumors of Russia creating such a weapon are likely true but that it's not time to panic just yet. NPR reported the White House confirmed that Russia is working on a weapon that could threaten satellites in space but that nothing has been deployed. However, Russia has been developing anti-satellite weapons for years, John Erath, senior policy director at the Center for Arms Control and Non-Proliferation, told BI. But that's where this gets a little bit complicated because a nuclear weapon isn't really that."

Persons: US —, John Erath, They've, they've, Erath, Victoria Samson, Samson Organizations: Service, Business, CNN, NPR, White House, Soviet Union, US, Center for Arms Control, Prime, Station, Hubble, SpaceX, GPS, Starfish, Secure, Foundation Locations: Russia, Soviet, United States, Iraq

☆ Exclusive: Russia attempting to develop nuclear space weapon to destroy satellites with massive energy wave, sources familiar with intel say
▼ + stars: | 2024-02-16 | by ( Katie Bo Lillis | Jim Sciutto | Kristin Fisher | ) edition.cnn.com time to read: +6 min

The weapon is still under development and is not yet in orbit, Biden administration officials have emphasized publicly. But Russia has recently made progress in its efforts to develop a nuclear EMP — a related but far more alarming technology. This would almost certainly be “a last-ditch weapon” for Russia, the US official and other sources said — because it would do the same damage to whatever Russian satellites were also in the area. According to those sources, the intelligence community is now scrambling to figure out how to preserve its access. Russia has withdrawn from several arms control treaties in recent years, leaving the post-Cold War arms control architecture all but gutted.

Persons: Mike Turner of, Joe Biden, Turner, Biden, ”, John Kirby, “, ” Kirby Organizations: CNN, Republican, House Intelligence, The Defense Department, National Security, National Intelligence, Defense Department, National Security Council, Pentagon, Capitol, Biden Locations: Russia, –, Mike Turner of Ohio, Washington, Russian, Earth, America, Ukraine, Moscow

☆ Meet the Man Behind Litquidity, the Anonymous Instagram Account Dominating Wall Street
▼ + stars: | 2024-02-07 | by ( Reed Alexander | Hayley Cuccinello | ) www.businessinsider.com time to read: +26 min

The deck kicked off a game of one-upmanship among Wall Street banks trying to keep their employees happy. Lit capitalized on poking fun at Wall Street culture, selling $35 dad hats that read, "Do You Know Who My Father Is?" There have, of course, been endless rumors about Lit's identity, especially among Wall Street underlings. Wall Street underlings have speculated about Litquidity's identity for years. Basak, one attendee said, wanted to take a "wrecking ball through it all" and hold Wall Street heavy hitters accountable.

Persons: Goldman Sachs, I've, David Solomon, Litquidity, Goldman, Solomon, Evercore, Michael Kovac, Lit, Warburg Pincus, Jamie Dimon, Jamie Dimon's, Banksy, Bennett Jordan, who've, Lit's, — Mark Moran, —, Jefferies, Richard Handler, Spencer Platt, Isaac Laifer, Laifer, Handler, We'd, Henry, Hank, Medina, He's, he's, Jefferies Medina, Bart P, Fuchs, Karl Smith, Mark Moran, Moran, Bloomberg he'd, Zack DeZon, Getty Images Moran, Brian Hanly, Hanly, Sonali Basak, Angela Weiss, cryptocurrency, we'll, Mark, Medina's, weren't, CoinFLEX, Litquidity doesn't, Dave Portnoy, wasn't, Medina Ayden Syal, Kyle Zappitell, Zappitell, he'd, hasn't, Bennett Jordan —, Craig Sjodin, Litney, Paul Argenti, Wall Organizations: Goldman, New York Times, CNBC, Business, Bloomberg, Metropolitan Club of New, Nomura, Citigroup, Financial Times, Litney Partners, Whitney Partners, BI, ESPN, Litquidity, Centerview Partners, New York, Getty, Bain Capital, Litquidity Venture Partners, SEC, Cornell University, Wexford Capital —, Deutsche Bank, Deutsche, CFA, Getty Images, Bullish, Vice, Wall Street, Litquidity's, Manhattan's Rue, Fox Business, Litquidity Ventures, Coatue Management, SAFE, Soho House, Dartmouth University Locations: New York, Tribeca, Metropolitan Club of New York, Instagram, San Francisco, Medina, New York City, Miami, NoHo, Chad, Connecticut, Litquidity, Linktree, Soho

Classes were canceled Monday for schools across Santa Barbara County, which was devastated by mudslides caused by powerful storms in 2018. Evacuation orders and warnings were in effect for mountain and canyon areas of Monterey, Santa Barbara, Ventura and Los Angeles counties. Gavin Newsom declared a state of emergency for Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara and Ventura counties. As of Sunday afternoon, the Los Angeles Unified School District, the nation’s second largest, said it was planning to open schools as usual Monday. ___Associated Press videographer Eugene Garcia in Ventura, Calif., and radio reporter Julie Walker in New York contributed to this report.

Persons: Alexis Herrera, ” Herrera, Ryan Kittell, ”, Lindsay Horvath, ” Horvath, Gavin Newsom, Alberto Carvalho, videographer Eugene Garcia, Julie Walker Organizations: ANGELES, San Francisco Bay Area, Sunday, San Francisco International, Palisades, Central, Gov, Emergency Services, Los Angeles Unified School District, Associated Locations: California, San Francisco Bay, San Jose, Southern California, Santa Barbara, Ventura, Sacramento, San Francisco, Sierra Nevada, Hawaii, Northern California, Monterey, San Luis Obispo County, Los Angeles, LA, Topanga, Soledad, Los Angeles , Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Ventura counties, Southern, Ventura , Calif, New York

☆ Millions at risk as California braces for record rainfall and high winds
▼ + stars: | 2024-02-04 | by ( Leila Sackur | ) www.cnbc.com time to read: +4 min

Atmospheric rivers caused downpours in the Bay Area on Wednesday, bringing cable car services to a halt, before moving on to Los Angeles and San Diego by Thursday. Officials in Santa Barbara County raised evacuation advisories to orders on Saturday, calling on residents to be at a "very high state of readiness." Heavy rain and extreme weather caused roadway erosion at San Onofre's lower parking lot, with images on social media showing sections of the lot collapsing onto the beach below. A Sunday update from the National Weather Service Weather Prediction Center predicted risks of rainfall exceeding flash flood guidance across swathes of the state with "high risk" — estimated at 70% probability — for San Diego and Orange Counties. The storm comes as the San Diego County Medical Examiner's Office announced it was investigating three deaths in late January as related to California's last encounter with heavy storms.

Persons: Santa Barbara County, Gloria Sandoval, Flood, Gavin Newsom's Organizations: National Weather Service, Bay Area, California State Parks, NBC, Prediction, Orange Counties, San Diego, Examiner's Locations: California, Encinitas , California, U.S, Monterey County, Jose, Guadalupe, Santa Cruz, San Jose, downpours, Bay, Los Angeles, San Diego, Santa Barbara, Central Coast, Angeles County, Sonoma , Marin, San Francisco, Monterey, San Luis Obispo, Southern California's, Orange, San Diego County

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