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☆ Amazon employee suspected of shooting at Ohio fulfillment center dead: reports
▼ + stars: | 2024-05-13 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

A man suspected of shooting at an Amazon facility in Ohio died after a police standoff, reports say. The suspect, presumed to be an Amazon employee by police, also reportedly shot and injured a police officer. AdvertisementAn Amazon employee suspected of firing a gun at an Amazon facility in Ohio is dead following a standoff with police, per local reports. The suspect, who police said was confirmed to be an Amazon employee, per the press release, fled in a vehicle. The Sunday shooting isn't the first time an Amazon facility has been the location of gun violence.

Persons: —, Per, Brandon Smith, Steve Kelly, WSYX Organizations: Service, West Jefferson Police Department, Sheriff's, West Jefferson Police, Amazon, Business, Madison County Sheriff's Department, ABC, CBS Locations: Ohio, Madison, Columbus, Vacaville , California, Chattanooga , Tennessee, Lakeville , Minnesota, Rock , Arkansas, Chandler , Arizona

☆ Putin replaces Russia's defense minister with civilian economist in unexpected move
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: +3 min

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin attends the Victory Day military parade in central Moscow on May 9, 2024. Mikhail Klimentyev | Afp | Getty ImagesRussian President Vladimir Putin tapped a civilian economist as his surprise new defense minister on Sunday in an attempt to gird Russia for economic war by trying to better utilize the defense budget and harness greater innovation to win in Ukraine. More than two years into the conflict, which has cost both sides heavy casualties, Putin proposed Andrei Belousov, a 65-year-old former deputy prime minister who specializes in economics, to replace his long-term ally, Sergei Shoigu, 68, as defense minister. That, said Peskov, meant it was vital to ensure such spending aligned with and was better integrated into the country's overall economy, which was why Putin now wanted a civilian economist in the defense ministry job. Putin's move, though unexpected, preserves balance at the top of the complex system of personal loyalties that make up the current political system.

Persons: Vladimir Putin, Mikhail Klimentyev, Putin, Andrei Belousov, Sergei Shoigu, Nikolai Patrushev, Patrushev, Dmitry Peskov, Peskov, Belousov, Alexander Baunov Organizations: Sputnik, Victory Day, Afp, Getty, Security, Putin, West, Defence, Carnegie Russia Eurasia Center Locations: Russian, Moscow, Russia, Ukraine, Soviet Union

☆ Bus Crash in Indonesia Kills 11, Including Students, After Graduation Celebration
▼ + stars: | 2024-05-12 | by ( Jin Yu Young | More About Jin Yu Young | ) www.nytimes.com time to read: 1 min

A bus carrying students and teachers returning from a graduation celebration crashed in Subang, Indonesia, on Saturday evening, killing at least 11 people, many of them students. The crash occurred around 6:45 p.m. as the vehicle was returning from a hilly resort area in Bandung to Depok, West Java, the authorities said. While the cause of the accident was still under investigation on Sunday, the West Java police said that the bus had sped out of control on a downhill road and crashed into multiple vehicles. An initial investigation revealed that the bus was apparently not fit for the road and had malfunctioning brakes. There were 61 passengers aboard, according to the police, who said that nine people died at the scene and two died later in a hospital.

Organizations: West Java Locations: Subang, Indonesia, Bandung, Depok, West Java

☆ College Protests Live Updates: Schools Brace for More Commencement Disruptions
▼ + stars: | 2024-05-12 | by ( Yan Zhuang | ) www.nytimes.com time to read: +10 min

At Morehouse College in Atlanta, discontent over the Gaza war has played out relatively quietly, in classrooms and auditoriums rather than on campus lawns. “This should not be a place that cancels people regardless of if we agree with them,” David Thomas, the Morehouse president, said in an interview on Thursday. Mr. Richmond does not think Mr. Biden will face protests. “The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students.

Persons: Biden, Kamala Harris, Biden’s, Stephen K, Morehouse —, Martin Luther King Jr, ’, ” David Thomas, Christian Monterrosa, Morehouse, Cedric Richmond, Richmond, “, ”, That’s, Harris, Mekhi Perrin, ” Mr, Perrin, Mr, King, Benjamin Bayliss, Dr . King, Morehouse ”, Pell Grant, Dillard, Walter Kimbrough, Young, Donald J, Freddrell Rhea Green II, Donald Trump, ” “ Joe Biden, Samuel Livingston, Auzzy, Byrdsell, Raphael Warnock of, Warnock, ” Kitty Bennett Organizations: Morehouse College, Morehouse, White House, Black, Democratic Party, The New York Times, White, Democratic National Committee, Mr, Howard University, Gaza, George Mason University in, “ Morehouse, Dillard University, Trump, “, West Bank, Credit Locations: Atlanta, Gaza, Morehouse, George Mason University in Virginia, ”, H.B.C.U.s, Columbia, New Orleans, Palestinian, Raphael Warnock of Georgia

☆ Students Walk Out in Protest at Duke Before Seinfeld Speech
▼ + stars: | 2024-05-12 | by ( Maya Shwayder | ) www.nytimes.com time to read: +10 min

“The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Dr. King said it was a place where he had advanced his understanding of nonviolent protest and moral leadership — which current Morehouse students say they take seriously. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students. More than 80 percent of Morehouse students receive some form of financial aid. Some students at Black colleges also may decide against protesting because of family pressure, which amplifies the importance of securing their degrees.

☆ Republicans are divided on whether Kari Lake's Arizona Senate candidacy should be a top investment for the GOP
▼ + stars: | 2024-05-12 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen Kari Lake jumped into the Arizona GOP Senate primary last October, many conservatives were thrilled with the decision, confident she'd energize base voters in the general election. It's still early in the campaign, but the numbers are a sign that she has so far not consolidated GOP support around her candidacy. "Ultimately, the Republican Senate committee is probably going to realize before too long that there's far better opportunities for victories in other parts of the country," he added. But in addition to Arizona, they're angling to flip seats in Montana, Ohio, Maryland, Michigan, Nevada, Pennsylvania, and Wisconsin.

Persons: —, Kari Lake, Katie Hobbs, Donald Trump's, Lake, Ruben Gallego, It's, Sen, John Barrasso of, Matt Salmon, Todd Young, Democratic Sen, Joe Manchin, Young, he'd Organizations: Service, Arizona GOP, Republicans, Business, Emerson College Polling, Democratic, GOP, Senate Republican Conference, Politico, Washington Republicans, National Republican Senatorial, Arizona Rep, Lake, Republican, Todd Young of Locations: Arizona, John Barrasso of Wyoming, Todd Young of Indiana, West Virginia, Montana , Ohio, Maryland , Michigan, Nevada , Pennsylvania, Wisconsin

☆ Flash floods in Afghanistan kill at least 200 people as humanitarian emergency looms
▼ + stars: | 2024-05-11 | by ( Niamh Kennedy | Radina Gigova | ) edition.cnn.com time to read: +3 min

CNN —Flash flooding that has ravaged northern Afghanistan in recent days has killed at least 200 people, UN agency the International Organization for Migration (IOM) told CNN Saturday. An Afghan man walks near his damaged home after heavy flooding in Baghlan province Saturday. Afghan men shovel mud from a house following flash floods. The flash floods add to a string of recent natural disasters that the region has had to endure. Flash floods also swept away dozens in Afghanistan in July, less than three months before thousands were killed by a powerful 6.3 magnitude earthquake that struck the western part of the country.

Persons: ”, Salma Ben Aissa, Mehrab, Gulbudeen, Zabihullah Mujahid, “, ” Mujahid, Mujahid Organizations: CNN, UN, International Organization for Migration, IOM, Afghanistan National Disaster Management Authority, Rescue, Reuters, AFP, Getty Locations: Afghanistan, Badakhshan, Ghor, Herat, “, Afghan, Baghlan, Laqayi, AFP, Pakistan

☆ ‘We love you’: Harry plays volleyball with army veterans as he and Meghan get warm welcome in Nigeria
▼ + stars: | 2024-05-11 | by ( Stephanie Busari | ) edition.cnn.com time to read: +3 min

Abuja CNN —Prince Harry joined in - but lost - a game of sitting volleyball against wounded army veterans as he and his wife Meghan were well received on the latest leg of their tour of Nigeria. After arriving at an officer’s mess late morning local time they were immediately taken to watch a sitting volleyball game. They were given scarves in the green and white colors of Nigeria as they took their seats in the arena. Megan receives flowers from a girl upon her arrival for an exhibition sitting volleyball match at Nigeria Unconquered. “Honestly, Prince Harry and Meghan’s visit to Nigeria, it means a lot to me personally,” flight sergeant Ifeoma Loveleen Nwagbo told CNN.

Persons: Abuja CNN — Prince Harry, Meghan, servicemembers, Duke, Sussex’s, Harry, Akanbi, “, ”, Kola Sulaimon, Prince Harry, Meghan’s, Ifeoma Loveleen Nwagbo, Gloria Kisitmwa Dimka, Duchess of Sussex, ” Harry Organizations: Abuja CNN, Nigeria’s Defence Staff, ‘, Sussex’s Invictus Games, Nigerian, CNN, Sussex Squad, Nigeria, Getty, CNN’s Royal Locations: Abuja, Nigeria, ‘ Nigeria, Sussex Squad Nigeria, Nigerian, Kola, AFP, West African

☆ Ukrainian attacks on Russian oil refineries may be proving the Biden Administration wrong, experts say
▼ + stars: | 2024-05-11 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Ukraine has been targeting Russian oil refineries in recent months. The Biden Administration has criticized the strikes, warning of global energy price rises. AdvertisementUkraine has been ramping up attacks on Russian oil refineries in recent months as it seeks to hamper Russian export revenues and curtail fuel supplies to Russian President Vladimir Putin's forces. Advertisement"Those attacks could have a knock-on effect in terms of the global energy situation," Austin said. Related storiesThe experts said that Ukrainian attacks on oil refineries would only hinder Russia's ability to turn its oil into refined products such as gasoline and would not impact the volume of oil it can extract or export.

Persons: Biden, —, Vladimir Putin's, Radiy Khabirov, Lloyd Austin, Austin, Michael Liebreich, Lauri Myllyvirta, Sam Winter, Levy, Alexander Novak Organizations: Biden Administration, Service, Reuters, Russia's, Defense, Foreign Affairs, Bloomberg New Energy Finance, Centre for Research, Energy, Clean, Princeton University, Bloomberg Locations: Ukraine, Russia's Kaluga, Russia's Republic, Bashkortostan, Russia, China, India

☆ Israeli guards strapped wounded Palestinian detainees to their beds wearing diapers and fed them through straws, report says
▼ + stars: | 2024-05-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewAn Israeli detention center is subjecting Palestinians to abuse, strapping detainees down to their beds, blindfolding them, and holding them in diapers, a new CNN report alleges. It has been the site of abusive conduct against some of the 70 Palestinian detainees, three Israeli whistleblowers told CNN. One whistleblower told CNN that beatings were "not done to gather intelligence. In a field hospital, wounded detainees were strapped to beds, dressed in diapers, and fed through straws, CNN reported. In November, Business Insider's Alia Shoaib reported on graphic videos appearing to show IDF soldiers abusing Palestinian detainees in the West Bank.

Persons: —, Mohammed Al, Insider's Alia Shoaib, Adnan Al Organizations: Service, CNN, Business, Medical, Israel Defense Forces, Hamas, of Health, Guards, Shifa, Aqsa Martyrs Hospital, Anadolu, Getty, West Bank, BBC, Military Locations: Israel, Gaza, Aqsa, Deir Al Balah, Negev, al

☆ 50,000 protest Georgia’s foreign agent bill as US sounds alarm over ‘Kremlin-style’ law
▼ + stars: | 2024-05-11 | by ( ) edition.cnn.com time to read: +4 min

CNN —About 50,000 opponents of a “foreign agents” bill marched peacefully in heavy rain through the Georgian capital on Saturday, after the United States said the country had to choose between the “Kremlin-style” law and the people’s Euro-Atlantic aspirations. “Georgian parliamentarians face a critical choice – whether to support the Georgian people’s Euro-Atlantic aspirations or pass a Kremlin-style foreign agents’ law that runs counter to democratic values,” he said. Demonstrators protest against the foreign agents bill in Tbilisi, Georgia, on May 11, 2024. Georgian Dream says the bill will promote transparency and Georgian national sovereignty. Demonstrators protest against the foreign agents bill in Tbilisi, Georgia, on May 11, 2024.

Persons: “, ”, Jake Sullivan, Irakli Gedenidze, Nino, Vladimir Putin’s, Reuters Bidzina, Sullivan Organizations: CNN, House, Georgian, European, Reuters, Union, Vladimir Putin’s Kremlin, European Union, EU, NATO Locations: States, backsliding, Georgia, European Union, Tbilisi , Georgia, “, Russia, Europe, ”, Georgian, Tbilisi, United States

☆ The US and the West are facing the blowback of sanctions against Russia, economist says
▼ + stars: | 2024-05-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe US miscalculated when it imposed harsh sanctions on Russia, and not only has Vladimir Putin's economy weathered the impact, but the West is facing the negative effects of the economic restrictions it imposed. Food and energy prices have soared since the West imposed sanctions on Russia, he noted partly because Russia is one of the world's largest exporters of oil and grain. Even the US dollar may end up worse off due to sanctions, Rubin said. Russia's trade with China, for instance, has nearly completely phased out the dollar, Russian officials said last year. "Sanctioning the ruble and confiscating a third of the Russian central bank's foreign reserves was supposed to cripple the Russian economy.

Persons: —, Vladimir, Jeff Rubin, " Rubin, crimp, Rubin, Putin Organizations: Service, Business, The Globe, Federal Reserve Board, Bank of Canada Locations: Russia, Ukraine, China, Russian

☆ Aiming for Rosier Ties, Xi Wraps Up Europe Visit
▼ + stars: | 2024-05-10 | by ( Andrew Higgins | Chris Buckley | ) www.nytimes.com time to read: 1 min

The Chinese leader, Xi Jinping, received a gift of fine cognac at the Élysée Palace in Paris and was cheered in Belgrade by Serbians waving Chinese flags, albeit most of them were bused-in government workers. And by the time he left Hungary on Friday at the end of a six-day European tour, the clouds over his country’s relations with the West looked much less dark, at least from China’s perspective. Mr. Xi told President Emmanuel Macron of France that relations would be “as vibrant and thriving as springtime.” At his next stop, he said the “tree of China-Serbia friendship will grow tall and sturdy.” In Hungary, Mr. Xi told Prime Minister Viktor Orban that their countries were poised to “embark on a golden voyage.”The Chinese state-run news media, never less than glowing about Mr. Xi, went to strenuous lengths to present his European meetings as a triumph.

Persons: Xi Jinping, Xi, Emmanuel Macron, Viktor Orban Locations: Paris, Belgrade, Hungary, France, China, Serbia

☆ Ukraine says it flew a drone 930 miles into Russian territory to strike an oil refinery
▼ + stars: | 2024-05-10 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewUkraine's latest aerial attack on Russian soil is its farthest one yet, Ukrainska Pravda reported, with officials saying a drone traveled 930 miles to strike an oil refinery far inside Russia's borders. AdvertisementThe strike, which has not been independently confirmed, would represent a distance record in Ukraine's ever-more ambitious series of drone strikes on Russian energy facilities. In early April, Ukraine demonstrated its drones' increasing reach after Russian officials reported strikes 620 miles inside their country. Related storiesReports claim that the White House has reached out to President Volodymyr Zelenskyy to signal its concern that hitting Russia's oil production will destabilize global energy prices. The strikes have also led to a surge in the price of refined oil products within Russia itself, they argued.

Persons: —, Ukrainska, Radiy Khabirov, Volodymyr Zelenskyy, Michael Liebreich, Lauri Myllyvirta, Sam Winter, Levy, Carnegie, Sergey Vakulenko, Ann Marie Dailey Organizations: Service, Ukrainska Pravda, Ukraine's Security Service, Gazprom, Business, RIA Novosti, Russian, White, Bloomberg New Energy Finance, Foreign Affairs, RAND Corporation Locations: Russian, Bashkortostan, Ukraine's, Ukraine, Russia

☆ CNBC's Inside India newsletter: A disconnected stock market
▼ + stars: | 2024-05-10 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

CNBCThis report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. For local investors, Indian stocks would have underperformed the U.S. benchmark by more than 45 percentage points since Buffett's 2008 bet. It appears that India's near 8% GDP growth isn't transforming into stock market returns. But that has also meant significant competition for the incumbents, many of which are listed on the stock market. This year has also been particularly unlucky for Indian stock market investors thanks to the uncertainty added by politics.

Persons: Warren Buffett, it's, Jonathan Pines, Federated Hermes, Rajeev Agrawal, Agrawal, Narendra Modi's, Kevin Carter, Buffett, Carter, Modi, Narendra Modi, Amit Shah, Virat Kohli, Rajat Patidar Organizations: Berkshire, CNBC, BSE, Federated, DoorDarshi Advisors, Narendra Modi's BJP, India, Ecommerce, One97 Communications, Ujjivan Financial, BJP, Russia, Indian, Ukraine, India's Central Bureau of Investigation, Indian Premier League, Wednesday, Royal Challengers Bengaluru Locations: Omaha , Nebraska, Omaha, BSE India, India, United States, Gandhinagar Lok Sabha, Russia, Mumbai, Punjab Kings

☆ US hopes to maintain some forces in Niger as talks on withdrawal continue, officials say
▼ + stars: | 2024-05-10 | by ( Haley Britzky | Katie Bo Lillis | ) edition.cnn.com time to read: +5 min

Officials said a US delegation will travel to Niger over the weekend to discuss how it will be carried out. “Niger is pretty profound in the decision of the government there … to have us depart or at least go to very low numbers,” Maier said. Since the coup in July, airspace has been closed over Niger to foreign militaries who have all had to submit individual requests for airspace to conduct military flights, one US official told CNN. A US military official explained that the withdrawal will come in phases over a period of months. The footprint will continue to shrink in phases as equipment and personnel not deemed necessary are moved out of country.

Persons: “ We’ll, ” Chris Maier, ” Maier, Michael Langley, ”, — Organizations: CNN, Pentagon, US Africa Command, Russian Federation Locations: Niger, West African, “ Niger, Africa, Russia, United States, Chad, Russian, China, Israel

☆ Biden and Netanyahu's fraught relationship hits new low after U.S. pauses weapons shipment
▼ + stars: | 2024-05-10 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

"There's real skepticism in the administration that Rafah will bring about a deal for the hostages, like the Israelis have been saying." Pentagon confirms weapons shipment pause to IsraelThe Pentagon confirmed on Wednesday that the administration paused the delivery to Israel of a shipment of 1,800 two-thousand-pound bombs and 1,700 five-hundred-pound bombs. Netanyahu remains undeterred, saying that Israel will "stand alone" and fight "with our fingernails" if U.S. weapons shipments stopped. Israeli Defense Minister Yoav Gallant (L) visits army units on the border between Israel and Gaza Strip near Rafah, Gaza on May 07, 2024. Israeli Ministry of Defense | Anadolu | Getty ImagesItamar Ben Gvir, Israel's far-right wing national security minister, posted on X simply writing: "Hamas [heart emoji] Biden."

Persons: Ahmad Gharabli, Richard Haass, Joe Biden, Haass, George W, Bush, Benjamin Netanyahu, Khan Yunis, Ashraf Amr, Biden, Defense Lloyd Austin, Washington's, Austin, Netanyahu, Yoav Gallant, Itamar Ben Gvir, emoji, It's, Will, Avi Melamed, Melamed, Clayton Allen, Independent Sen, Bernie Sanders, Vermont, Sanders, Ali Jadallah Organizations: Hamas, AFP, Getty, U.S, Foreign Relations, Haaretz, Qatari, United Nations, WHO, Anadolu, CNN, Pentagon, Biden, Defense, Israel, Israeli, Ministry of Defense, Congress, Eurasia Group, Independent, CNBC Locations: Israel, Gaza, Rafah, Palestinian, Israeli, Khan, I'm, al, Hamas, Iran, U.S, United States

☆ The Unwanted Shelter Dog Who Found His Way to Westminster
▼ + stars: | 2024-05-10 | by ( Sarah Lyall | ) www.nytimes.com time to read: +1 min

A strange thing happened a few years ago when Christine Longnecker, who teaches horseback riding in and around Erie County, Pa., brought her new rescue dog, Miles, to a class. Instead of waiting quietly with the other non-horses in the barn, Miles suddenly sprinted into the ring and bounded over the fences himself. On Saturday, he is scheduled to compete for the second time in the agility competition at the Westminster Kennel Club Dog Show, which will be held in Flushing, Queens. The agility competition might be the rhythmic gymnastics of Westminster, derided as less than by traditionalists, but it’s a growing sport with meritocratic principles and an air of antic fun in its favor. Any dog can compete, no matter who its parents are.

Persons: Christine Longnecker, Miles, “, Ms, Longnecker, antic, they’re Organizations: Westminster Kennel, Westminster Locations: Erie County, Pa, Flushing , Queens

Abuja, Nigeria CNN —The Duke and Duchess of Sussex landed in Nigeria on Friday, launching a three-day private visit to the West African nation, where they will meet with wounded soldiers and visit local charities, officials said. My husband was excited to jump up!” Meghan told cheering students in the school’s hall. Kola Sulaimon/AFP/Getty ImagesPrince Harry and Meghan were invited to Nigeria by the chief of defense staff, Christopher Musa, the country’s highest-ranking military official. The couple’s hosts, the Nigerian Defence Headquarters, are keen to be involved further in the Invictus Games and to be part of the wider Invictus community. Effiom Antigha, captain of Team Nigeria, told CNN last year that the games gave him a new lease on life.

Persons: Duke, Duchess of Sussex, Marshal Abidemi Marquis, “ We’re, ” Meghan, Harry, ”, Kola Sulaimon, Prince Harry, Meghan, Christopher Musa, Marquis, Oyeyemi Aderibigbe, “, Ife, Etti, ’, Ngozi, Bola Tinubu, Richard Montgomery, ” Cpl, Effiom Antigha Organizations: CNN’s Royal, Nigeria CNN, Invictus, Air, Nigerian Defence Headquarters, Lightway Academy, GEANCO Foundation, Getty, CNN, Invictus Games, World Trade Organization, Israel, Team Nigeria, Foundation Locations: Abuja, Nigeria, West African, Kola, AFP, Lagos, Nigerian, London, Los Angeles, Kaduna State, Germany, Colombia

☆ Opinion: Netanyahu and his extremist allies are endangering Israel’s long-term security
▼ + stars: | 2024-05-10 | by ( Opinion Richard J. Davis | ) edition.cnn.com time to read: +7 min

“My commitment to the safety of the Jewish people, the security of Israel, and its right to exist as an independent Jewish state is ironclad. The former was appointed finance minister and was given responsibility for West Bank settlements. After the October 7 terrorist attack, Netanyahu had an opportunity to remove Smotrich and Ben Gvir from their posts when the first offer from the opposition for a unity government involved their elimination from the cabinet. It also gives license to followers of these extremists to, as we have seen, attack Palestinians in the West Bank and even to attack a Jordanian aid convoy. At the same time, Israel has continued with significant expansion of settlements on the West Bank.

Persons: Richard J, Davis, Joe Biden, “, ”, Richard Davis, Benjamin Netanyahu, Netanyahu, Israel, Bezalel Smotrich, Itamar Ben Gvir, Ben Gvir, Yitzhak Rabin, Netanyahu’s Organizations: Treasury, CNN, US, Capitol, West Bank, New York Times, Israeli Defense Forces, Twitter, Facebook, United Locations: Carter, Israel, West Bank, Gaza, Oslo Peace, Jordanian, United States

☆ Sports gambling is taking a cue from Wall Street, and it could be a problem for sportsbooks
▼ + stars: | 2024-05-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how a sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book . The big storySports gambling goes Wall StreetiStock; Rebecca Zisser/BIHow would you like to turn $100 into $1.7 million in a little over a year? Thanks to a secondary market for gambling tickets, Shelton could sell his ticket to another bettor. And not unlike Wall Street's feelings about retail traders, Shelton is the type of gambler sportsbooks love. Unlike mom-and-pop gamblers who often bet on a whim, so-called sharps' systematic approach to gambling can pose a problem for sportsbooks.

Persons: —, Rebecca Zisser, Wayne Shelton, Shelton, Matthew Fox, Anthony Edwards, Joshua Gateley, sportsbooks, Shelton's longshot, Goldman Sachs, Sam Bankman, Fried, Puck, SBF, Justin Sullivan, Getty Sundar Pichai, Pichai, Jack Dorsey, he'd, Mike Solana, Dorsey, Bluesky, Demis, Microsoft's Mustafa Suleyman, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Sports, MLB, NFL, NBA, Oklahoma City Thunder, Thunder, Dallas Mavericks, Western Conference, ESPN, Boston Celtics, Minnesota Timberwolves, Getty, Detention, MDC, Bloomberg, Bay Area, YouTube, Spotify, Apple, Warner Brothers, Justice League, Big, Honda Locations: China, Russia, Brooklyn's, Young, New York City, New York, Bay, London

☆ China is untangling its economy from the West. It could be preparing for long-term tensions — and an invasion of Taiwan
▼ + stars: | 2024-05-10 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

What's more, Xi Jinping has told the Chinese military to prepare for war and said that reunification with Taiwan is inevitable. But not everyone thinks a Chinese military move is necessarily imminent. If China was actively preparing for a near-term invasion of Taiwan, Kennedy said there are a few things he might expect to see first. AdvertisementIf China does invade, the global economic impact would be huge, and despite its efforts to secure its economy, China would likely be far from unscathed. "Any action against Taiwan would be disastrous for China's economy," Chilukuri said.

Persons: —, Vivek Chilukuri, Scott Kennedy, It's, Chilukuri, Xi Jinping, China's, Jinping, Kennedy, he'd Organizations: Service, Business, West, Center, New, New American Security, Center for Strategic, International Studies Locations: China, Southeast Asia, Europe, US, Taiwan, New American, United States, Russia, Ukraine, Hong Kong

☆ India’s time zone: Why the world’s most populous country has a unique one
▼ + stars: | 2024-05-09 | by ( Dhruv Tikekar | ) edition.cnn.com time to read: +8 min

India’s half-hour zone dates back to colonial rule of India and the era when ever-faster steamships and trains were shrinking the world. The start of the 20th century saw some push from scientific associations to calibrate India’s time to GMT. That recommendation was rejected by the colonial government, which opted for a unified time that sat squarely in the middle: five and a half hours ahead of GMT. In 2015, North Korea moved out of sync with South Korea by creating “Pyongyang Time,” putting the country eight and a half hours ahead of GMT instead of nine. India’s colonial-era time zone decision making, however, reflected a chorus of political, scientific and commercial voices both from within the government and outside of it, Gordon says.

Persons: Hulton, ”, Geoff Gordon, Gordon, “, it’s, Wong Maye, Hugo Chávez, Nicolas Maduro, Terry Gilliam, Rube Goldberg, Maulik Jagnani, Jagnani Organizations: CNN, East India Company, Hulton Deutsch, University of Amsterdam, Madras, Washington D.C, Greenwich Meridian, Greenwich Observatory, Meridian, Royal Society, Prime Meridian, Physical Laboratory, Tufts University, NPL Locations: New York, London, Tokyo, Iran, Myanmar, Australia, India, British, Madras, Chennai, “, Bombay, Kolkata, Washington, London ., Greenwich, North Korea, South Korea, Korea, Pyongyang, Brazil, ”, Greenwich , London, China, Assam, Arunachal Pradesh, Gujarat

“If that story was untrue, I would have written it to be a lot better,” Daniels said of her encounter with Trump. “You have a lot of experience of making phony stories about sex appear to be real,” Necheles asked. “You’re celebrating the indictment by selling things from your store,” Necheles asked. “Not unlike Mr. Trump,” Daniels responded. Prosecutor Josh Steinglass said Trump was aware of the “messy details” of the encounter in 2016 and that shows motive for the hush money payment and cover up.

Persons: Donald Trump’s, Stormy Daniels, Susan Necheles, Trump, Daniels, ” Daniels, Juan Merchan, combatively, Necheles, ” Necheles, “, That’s, she’d, “ You’re, Madeleine Westerhout, Westerhout, Rhona Graff, Joe Scarborough, Jeanine Pirro, Serena Williams, Tom Brady, ”, ” Westerhout, Michael Cohen, Melania, Melania Trump, “ Madeline, it’s, Merchan, Todd Blanche, Blanche, ‘, ” Merchan, Trump’s, Josh Steinglass Organizations: CNN, Trump, White, Wing, ” Prosecutors, Daniels, NBC, White House, longtime Trump Organization, Trump Org, ” Trump Locations: New York

But the cameras stopped rolling when Walid al-Omari, the network’s bureau chief in Ramallah, in the West Bank, ordered all of them to go home. Israeli authorities descended on a room used by Al Jazeera in the Ambassador Hotel in East Jerusalem, confiscating broadcast equipment. Al Jazeera, the influential Arab news network, says it will continue reporting and broadcasting from the Gaza Strip and the West Bank. The shutdown order, which lasts 45 days and can be renewed, was a break long in the making. Mr. al-Omari said that soon after the Israel-Hamas war began in October, the network stopped using an office in West Jerusalem, saying that far-right Israelis had used intimidation tactics against the staff there.

Persons: Al, Walid al, Al Jazeera, Omari Organizations: West Bank, Al, Gaza, Hamas Locations: Israel, Al Jazeera, West Jerusalem, East Jerusalem, Lebanon, Tel Aviv, Ramallah

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