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“Digital payments are likely to enhance India’s growth by eliminating frictions, increasing efficiency, and reducing costs,” Eswar Prasad, an economics professor at Cornell University, told CNN. Covid-19 further boosted the adoption of digital transactions, as people tried to protect themselves from the virus. In 2023, the number of UPI transactions topped 100 billion. Azeez, a 34-year-old rickshaw driver in Old Delhi, told CNN that he’s too scared of losing money to use e-payments. Sania Farooqui/CNNConvenience aside, India’s digital public infrastructure has helped it achieve an 80% financial inclusion rate.
Persons: Brij Kishore, , Agarwal, tuk, India’s, Narendra Modi, Eswar Prasad, Old Delhi Sania Farooqui, Ramesh Kumar's, Sania Farooqui, Ramesh Kumar, he’s, Azeez, Prasad, Kapil Sharma, Organizations: Hong Kong / New Delhi CNN, , Unified, , frictions, Cornell University, CNN, “ UPI, India, National Payments Corporation of India, UPI, Sarojini, Finance, Eiffel Locations: Hong Kong / New Delhi, Chandni, India’s Old Delhi, Delhi, India, Old Delhi, Sarojini, Covid
More than half, 55%, of all Americans say they see Trump’s presidency as a success, while 44% see it as a failure. Four years ago, he was able to assail Trump’s time in office from his position as a challenger. Biden won all three in 2020 after Trump won them in 2016 in his victory over Democratic nominee Hillary Clinton. In the poll, 92% of Republicans view Trump’s time in office a success, while just 73% of Democrats say Biden’s has been a success. And while 85% of Democrats polled say they back Biden, 91% of Republicans say they support Trump.
Persons: Joe Biden, Donald Trump, he’s, William Barr, Trump, CNN he’d, Ron DeSantis, Biden, Robert F, Kennedy Jr, , Israel, Mike Johnson, Benjamin Netanyahu, underscoring, Hillary Clinton, South Carolina Republican Sen, Lindsey Graham, CNN’s Dana, Nikki Haley, Biden’s, CNN’s Kristen Holmes, Kit Maher, CNN’s Kaitlan Collins, Trump . Barr, Trump’s, Chris Sununu, Haley, , Georgia —, ” Biden, He’s, Colin Jost, , ” Jost, Washington Hilton Organizations: CNN, GOP, Republican Party, Florida Gov, Trump’s, Democratic, Columbia University, National Guard, Israel, DeSantis, CBS, Biden, Trump, Trump ., South Carolina Republican, South Carolina Gov, New, New Hampshire Gov, , White, Republican, Washington Locations: New York, Gaza, Manhattan, Rafah, Michigan , Pennsylvania, Wisconsin, “ State, New Hampshire, Georgia, Ukraine, Russia, Israel, American
Overall, 92% of Republicans call Trump’s time in office a success, while just 73% of Democrats say Biden’s has been a success so far. Among independents, 51% say Trump’s presidency was successful, while only 37% see Biden’s as a success. Those voters who say the economy is deeply important break heavily for Trump in a matchup against Biden, 62% to 30%. In the Biden vs. Trump matchup, the poll finds Biden faring worse than in previous CNN polls among the youngest voters, trailing Trump by a 51%-to-40% margin among voters younger than 35. But the poll finds that Biden voters and Trump voters largely just don’t understand each other.
Persons: Donald Trump, Joe Biden, Biden’s, Trump, That’s, Trump’s, it’s, Biden, Robert F, Kennedy Jr, Cornel, Jill Stein, Kennedy, Stein, SSRS, CNN’s Ariel Edwards, Levy, Ed Wu Organizations: CNN, SSRS, Biden, Capitol, Republicans, Trump, Supreme Court, Hamas, Democratic, GOP, Cornel West, Green Party, Fox News, Pew Research, Surveys Locations: Israel, Gaza, Washington, Trump
CNN —Thirty-five rail cars of a train derailed in New Mexico Friday afternoon, prompting evacuations and forcing a 50-mile stretch of Interstate 40 to close. McKinley County Fire & Rescue was dispatched around 12:40 p.m. Friday after the train derailed and caught fire off Interstate 40 near the state line. Six of the derailed train cars were carrying propane, according to BNSF Railway. There is currently “no projected end to this closure,” said New Mexico State Police on Facebook. “I am deeply concerned about the train derailment along the Arizona-New Mexico border and am monitoring the situation closely,” Hobbs wrote.
Persons: , Transportation Pete Buttigieg, Katie Hobbs, ” Hobbs, , Buttigieg Organizations: CNN, Fire, Rescue, BNSF Railway, New Mexico State Police, Facebook, National Transportation Safety, NTSB, Unified Command, Transportation, Tribal, , New Locations: New Mexico, McKinley, Arizona, ” Arizona, New Mexican, State of Arizona
The swift passage this week of legislation to force the sale or ban of TikTok was the first time a federal tech law has been approved in years. And after a logjam of dozens of bills to rein in the business practices and power of tech giants, it appeared some momentum was building for further regulation. But experts on tech legislation say that the unique speed of the passage of the TikTok legislation — a rare unified effort that took seven weeks from start to finish — is highly unlikely to be repeated. Lawmakers continue to squabble over the details on legislative proposals, and congressional leaders haven’t pushed their momentum. And conditions for any momentum are likely to worsen before the November election, when legislators will try not to rock the boat.
Persons: TikTok, haven’t
The Palestinian militant group has long called for the Jewish state to be destroyed. Basem Naim, an Istanbul-based member of Hamas’ political bureau, told CNN on Thursday that the group would agree to disarm if an independent Palestinian state was established. Hamas has traditionally rejected a two-state solution that would see a Palestinian state established alongside Israel and has instead advocated the creation of a Palestinian state in all of historic Palestine that today encompasses Israel, the occupied West Bank, occupied East Jerusalem and Gaza. Barghouti said Hamas indicated as far back as 2007, when it led a Palestinian national unity government, that it is willing to accept a Palestinian state along the 1967 borders. Last week, Turkish Foreign Minister Hakan Fidan said at a news conference in the Qatari capital Doha that Hamas is willing to function solely as a political party once a Palestinian state is created, citing meetings between the group and Turkish officials.
Persons: Basem Naim, Al Qassam, , Mustafa Barghouti, Efraim Inbar, Israel ”, Israel “, Netanyahu, Khalil al, Hayya, ” Israel, Benjamin Netanyahu, Hayyah, Barghouti, Naim, Hakan Fidan, Organizations: CNN, Palestinian, Hamas, Israel, West Bank, Palestinian National Initiative, Jerusalem Institute for Strategy, Security, Associated Press, AP, Palestine Liberation Organization, PLO, Oslo Accords, Turkish, Qatari Locations: Israel, Gaza, Istanbul, Jerusalem, Palestinian, Palestine, East Jerusalem, United States, Israeli, Oslo, Doha, Turkish
The Senate on Tuesday voted overwhelmingly to move toward a final vote on the long-stalled $95.3 billion package of aid to Ukraine, Israel and Taiwan, taking a crucial step toward approving the measure and sending it to President Biden for his signature. The Senate’s action, on a vote of 80 to 19, teed up a vote on final passage as early as Tuesday evening, which would clear the measure for the president. Mr. Biden has urged lawmakers to move quickly so he can sign it into law. “But today those in Congress who stand on the side of democracy are winning the day. To our friends in Ukraine, to our allies in NATO, to our allies in Israel and to civilians around the world in need of help, help is on the way.”
Persons: Biden, Mr, Chuck Schumer, , , , Schumer, Organizations: , Senate Locations: Ukraine, Israel, Taiwan, America, New York
At stake is the role of a wide spectrum of players, from fintech firms to card companies and established banks. Walmart's Fintech startup One is now offering BNPL loans in Secaucus, New Jersey. Buy now, pay later has gained popularity with consumers for everyday items as well as larger purchases. A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Meanwhile, Walmart said last year when its lawsuit became public that it would soon announce a new credit card option with "meaningful benefits and rewards."
Persons: Joe Raedle, Goldman Sachs, Omer Ismail, Hugh Son, BNPL, Jason Mikula, Amazon's, Karma, John Furner, John David Rainey, Dot, " Rainey, Rainey, Morgan Stanley, Walmart's, Yichuan Cao Organizations: Walmart, Getty, CNBC, New Jersey Walmart, Apple, Electronics, Adobe Analytics, Bank of Walmart, Robinhood, Walmart U.S, Coastal Community Bank, Capital, PayPal Locations: Hallandale Beach , Florida, Bentonville , Arkansas, Manhattan, Secaucus , New Jersey, New Jersey, U.S, Mountain View , California, United States
CNN —The Supreme Court’s hearing Thursday on former President Donald Trump’s immunity claim will underline a historic power shift. Trump’s relationship has been complex with the court’s conservative majority – despite his instrumental role in establishing it. In sharp contrast, the court’s conservative majority has exerted its influence year after year, without interruption. “There is just much more intense vetting of Supreme Court justices,” said Pierson. “You can tell by the results of the court decisions over the past several years that it is fundamentally different.
Persons: Donald Trump’s, , , Jeff Shesol, Franklin D, John Roberts, Amy Coney Barrett, Ruth Bader Ginsburg, Paul Pierson, , Barack Obama’s, Roberts, Joe Biden, Trump, they’ve, Michael McConnell, Jack Smith, Gore, outvoted, George W, Bush, MAGA, Michael Waldman, ” Waldman, Bill Clinton, Richard Nixon, Nixon, Waldman, ” McConnell, McConnell, Sandra Day O’Connor, Anthony Kennedy, Ronald Reagan, David Souter, George H.W, Pierson, Obama, Brett Kavanaugh, Barrett, Cecilia Munoz, Biden, “ It’s, Samuel Alito, Clarence Thomas, Clinton, ” Shesol, FDR, Shesol Organizations: CNN, White House, GOP, Republican Party, Trump, Republicans, University of California, Democratic, House, White, Constitutional, Center, Stanford University Law School, Brennan Center for Justice, New York University School of Law, Senate, Republican, Federalist Society, Alabama, Electoral, Citizens, Constitutional Law Center, New, Great Society Locations: Berkeley, Manhattan, Florida, , George H.W . Bush, Shelby County
I’m afraid that an exit poll question has confused America. But in other ways, this exit poll identity misleads us about the nature and character of American evangelicalism as a whole. It’s far more diverse and divided than the exit poll results imply. In reality, American evangelicalism is best understood as a combination of three religious traditions: fundamentalism, evangelicalism and Pentecostalism. These different traditions have different beliefs, different cultures and different effects on our nation.
Persons: they’re Organizations: Republicans, Democratic
TikTok is in the hot seat once again in Washington
  + stars: | 2024-04-18 | by ( Brian Fung | ) edition.cnn.com   time to read: +4 min
An earlier version of the TikTok bill sailed through the House in March, but it has become bogged down in the Senate. Opponents, including TikTok and a range of civil society groups, have argued the bill risks violating TikTok users’ First Amendment rights. President Joe Biden has said he would sign the House TikTok bill if it reaches his desk. The latest version of the TikTok bill contains some updates. One key senator who was doubtful of the initial House TikTok bill appeared satisfied.
Persons: TikTok, Mike Johnson, Donald Trump, Joe Biden, there’s, , Johnson, , Washington Democratic Sen, Maria Cantwell, I’ve, Cantwell, Cathy McMorris Rodgers Organizations: CNN, Republicans, Senate, House Republicans, Washington Democratic, Oracle, Republican, Washington Rep Locations: Israel, Ukraine, China, India, Texas
Nearly 76% of companies that have reported have beaten earnings expectations, while 59% have come in above analysts' expectations for revenue. A diverse group of companies reports results next week, on track to be the busiest one of the season. A company's earnings results are, of course, integral to both its near- and long-term performance. As a result, CNPC Pro screened stocks slated to report their earnings next week for those that have a history of beating analysts' expectations. The workflow automation platform beats earnings expectations 89% of the time.
Persons: They've, Meta, Piper Sandler, Five9, Baird, William Power, , Robert Hum, Fred Imbert Organizations: Dow Jones, Technology, Microsoft, Meta, Humana, Comcast, Chubb, Visa, Investment Group, JPMorgan, Citi, Cloud Locations: industrials
CNN —Polls will open Friday for the first phase of India’s marathon general election, kicking off a vote in which Prime Minister Narendra Modi is seeking to win a rare third consecutive term. Challenging the BJP is India’s main opposition party, the Indian National Congress, and its newly formed INDIA alliance of parties. India’s Election Commission has imposed restrictions on media, including CNN, that limits the publication of reporting and analysis in the run-up to and during polling days. Supporters of India's opposition party, Indian National Congress (INC) during the election campaign in Puducherry on April 15, 2024. Among the most politically important states is Uttar Pradesh, home to 240 million people who vote in all seven phases.
Persons: Narendra Modi, Biju Boro, Modi, , Satish Babu, Mamata Banerjee, Dravida, Stalin, Altaf Qadri Organizations: CNN, Bharatiya Janata Party, BJP, Indian, Bharatiya Janata, United Nations Security Council, Indian National Congress, Getty, Dravida Munnetra Kazhagam, All, Trinamool, Tamil Locations: India, Guwahati, AFP, India’s, Puducherry, Lok Sabha, Uttar Pradesh, Lok, Tamil Nadu, Chennai, Dravida, INDIA, . West Bengal, Trinamool Congress, Nicobar Islands, Mizoram, Meghalaya, Nagaland, Myanmar, Manipur
That's a boost for the regional air defense network the US wants. AdvertisementThe United States shot down more of the incoming Iranian drones than Israel and played a central role in the "multinational air defense operation" consisting of British, French, and Jordanian air forces. An anti-missile system operates after Iran launched drones and missiles towards Israel, as seen from Ashkelon, Israel on April 14, 2024. "Russia will seek to offset the US success in backing Israel by looking to buttress Iran's defense with advanced Russian systems such as the Su-35," Heras said. There were also reports last year indicating Iran also seeks the advanced Russian S-400 air defense missile system.
Persons: , Biden, Jordan, MEAD, Nicholas Heras, Amir Cohen, Heras, Nadimi, Alexander Zemlianichenko, Su Organizations: Service, Biden, East Air Defense, UAE —, New Lines Institute, United Arab Emirates, REUTERS, Washington Institute for Near East, Islamic Revolutionary Guard Corps, AP Locations: Israel, Russia, Iran, Ukraine, Britain, France, Saudi Arabia, States, Jordanian, Israeli, Mar, Ashkelon, United States, Tehran, Russian, Syria, Moscow, Su
Israel Signaled That It Would Retaliate Against Iran
  + stars: | 2024-04-17 | by ( Matthew Cullen | ) www.nytimes.com   time to read: +1 min
Israel’s prime minister, Benjamin Netanyahu, emerged today from talks with European diplomats resolute that his country would not bow to outside pressure in responding to the recent attack by Iran. Britain’s foreign secretary acknowledged after the meeting that an Israeli reprisal seemed inevitable. “It is clear that the Israelis are making a decision to act,” David Cameron, the British foreign secretary, said. A spokesman for the State Department said today that the U.S. was pushing for a “unified diplomatic response” to the Iranian attack. But the spokesman added, “These decisions are for Israel to make as a sovereign, democratic country.”
Persons: Israel’s, Benjamin Netanyahu, ” David Cameron, Netanyahu, Organizations: State Department Locations: Iran, British, Israel, U.S, Germany
He’d let Putin take all of Europe,” Florida Rep. Jared Moskowitz said on CNN after Massie announced Tuesday he’d join Greene in her effort to oust Johnson. “Let’s just hope that that does not happen, and that we can do our responsibilities, protect and defend our own democracy as we protect theirs,” former House Speaker Nancy Pelosi said. “If Speaker Johnson wants to talk to Hakeem Jeffries, I think we’d be open to something like that. If only a handful of Republicans vote to oust Johnson, only a handful of Democrats would be needed to step in and help him keep his job. And that is where Democrats would have to decide if they’d help Johnson.
Persons: Mike Johnson, institutionalists, Johnson, Hakeem Jeffries, Kevin McCarthy, Israel, Marjorie Taylor Greene, Thomas Massie, He’d, Putin, Jared Moskowitz, Massie, he’d, Greene, Tom Suozzi, Johnson –, “ Let’s, Nancy Pelosi, , Johnson’s, Sara Jacobs, , Jeffries, hypotheticals, McCarthy, Matt Gaetz, , Chuck Schumer, ’ –, Alejandro Mayorkas –, wouldn’t, Ann Kuster, Mike Gallagher, they’d, , ’ Jeffries, Gerry Connolly, “ It’s, Rosa DeLauro, We’ve, can’t, “ We’ve, Jamie Raskin, Jim Himes, “ Gerry, ” Himes Organizations: CNN — House, Democratic, Union, , CNN, New York Democratic, Republicans, California Democratic, Florida Rep, White, Foreign Intelligence, of Homeland, GOP, ” New Hampshire Democratic, Republican Rep, Louisiana Republican, Republican, Maryland Democratic, House Intelligence Locations: Israel, Europe, ” Florida, California, Ukraine, Louisiana, Haiti, Sudan, Gaza, , Connecticut
New Delhi/London CNN —In just a few days, India will commence the world’s largest democratic election. So, is the hype around Modi’s India, which remains a largely impoverished country, justified? The world’s largest biometric database has also helped the government save millions by reducing corruption in welfare initiatives. Domestic investors, both retail and institutional, have been driving India’s stock market to unprecedented peaks. Still, India’s economy, much like its democracy, is far from perfect.
Persons: Narendra Modi, Indranil Mukherjee, Modi, Himanshu Sharma, Guido Cozzi, Arun Sankar, Billionaire Elon Musk Organizations: London CNN —, Getty, CNN, World, University of St, Unified, Bank, , National Stock Exchange of India, bourse, Bombay Stock Exchange, NSE, Shenzhen Stock Exchange, Hong Kong Exchange, World Federation of Exchanges, Macquarie Capital, Apple, Foxconn, Billionaire, International Labour Organization Locations: New Delhi, London, India, China, Beijing, Ajmer, Rajasthan, University of St Gallen, Switzerland, Asia’s, Washington, Sriperumbudur, Chennai, Mumbai's Churchgate, AFP
In today's digitally driven world, data has become the lifeblood of the healthcare and life sciences industry. However, the industry's complex data ecosystem, coupled with stringent regulations and privacy concerns, has historically hindered unlocking the full potential of data in healthcare and life sciences. The data dilemmaHealthcare and life sciences are data-rich domains, encompassing patient records, claims, genomic sequencing, wearable device data, medical imaging, and more. Moving to the cloudMoving data infrastructure to the cloud offers a compelling solution to many of the challenges faced by healthcare and life sciences organizations. Centralizing data in the cloud facilitates seamless access and collaboration between healthcare providers, payers, researchers, and life sciences organizations.
Organizations: Life Sciences, Insider Studios Locations: United States, Europe, Snowflake
Why Corporate America is keeping quiet on abortion
  + stars: | 2024-04-16 | by ( Allison Morrow | ) edition.cnn.com   time to read: +8 min
New York CNN —Eight years ago, when North Carolina tried regulate how transgender people use public bathrooms, Corporate America revolted. Nearly two dozen states have either banned or severely curtailed abortion rights since Roe v. Wade was overturned two years ago. Lamberton: What we’ve seen is the natural life cycle of an idea. But in the last few years, we’ve seen that position softening. Economically, we’ve seen a great deal of volatility just in the last half decade.
Persons: CNN Business ’, Roe, Wade, we’ve, Bud, Cait Lamberton, ” Lamberton, , Lamberton, We’ve, Bud Light, Busch, isn’t, it’s, they’re, John Wanamaker Organizations: CNN Business, New York CNN —, America, PayPal, Associated Press, , American Civil Liberties Union, University of Pennsylvania’s Wharton School of Business, Consumers, Anheuser, Bud, Brands, Coca Cola, Companies, Technology Locations: New York, North Carolina, Ukraine, Georgia, Philadelphia
When Iran agreed to a deal in 2015 that would require it to surrender 97 percent of the uranium it could use to make nuclear bombs, Russia and China worked alongside the United States and Europe to get the pact done. The Russians even took Iran’s nuclear fuel, for a hefty fee, prompting celebratory declarations that President Vladimir V. Putin could cooperate with the West on critical security issues and help constrain a disruptive regime in a volatile region. A lot has changed in the subsequent nine years. China and Russia are now more aligned with Iran’s “Axis of Resistance” to an American-led order, along with the likes of North Korea. The disappearance of that unified front is one of the many factors that make this moment seem “particularly dangerous,” said Vali Nasr, an Iranian-born professor at the Johns Hopkins School of Advanced International Studies, “maybe the most dangerous in decades.”
Persons: Vladimir V, Putin, , Biden, Vali Nasr Organizations: White, Johns Hopkins School, International Locations: Iran, Russia, China, United States, Europe, American, North Korea, Israel, Beijing, Moscow, Iranian
A key former Facebook exec has reignited discussion of Oculus founder Palmer Luckey's 2016 firing. Former Oculus CTO and ex-Meta VR exec John Carmack said on X that he regrets not defending Luckey. Carmack and Luckey joined Facebook after it acquired Oculus, the VR company founded by Luckey in 2012, for $2 billion in 2014. "The culture has changed a lot since you left (internal discussions have to be work focused)," Bosworth replied on X. Business Insider reached out to representatives of Bosworth, Carmack, and Luckey but didn't receive an immediate response.
Persons: Palmer, John Carmack, Andrew Bosworth, Luckey, , Palmer Luckey —, Carmack, Hillary Clinton, @PalmerLuckey, OTXBBnkK0p — John Carmack, Donald Trump, Clinton, he's, Carmack —, Bosworth, Meta, Forbes, wasn't, I'm Organizations: Facebook, Meta, Service, VR, Wall Street, Business Locations: California
Nike said it's just one of many options — and competitors will have access to tailoring. AdvertisementNike's new uniform for female track and field athletes at this year's Olympics may be a bit too skimpy for athletes, some of whom called the high-cut outfits sexist. But the sportswear brand said it's actually offering an array of choices for athletes — with tailoring options on hand at this year's games. Related storiesIt reignited a familiar debate on social media surrounding uniforms for female athletes. In addition to an array of choices, the company told BI it will have tailoring options for Olympic and Paralympic athletes.
Persons: it's, , Lauren Fleshman, Tara Davis, Katie Moon, Anna Cockrell Organizations: Nike, Service, New York Times, Times, Olympic, Paralympic Locations: Paris, Woodhall
In a meeting with her staff last week, Vice President Kamala Harris offered a prediction: Former President Donald J. Trump would not support a national abortion ban. Instead, she said, he would take a position that would muddy the waters on an issue that she believed could be deeply damaging for his campaign. We need to make him own this, she told her aides. On Tuesday, Arizona’s top court upheld an 1864 law that bans nearly all abortions. And on Friday, before more than 100 abortion rights activists and supporters, Ms. Harris plans to deliver a simple message: Blame Donald Trump.
Persons: Kamala Harris, Donald J, Trump, Harris, Arizona’s, Donald Trump Organizations: White House Locations: Tucson, United States
Jaime Lewis noticed that her eighth-grade son’s grades were slipping several months ago. She suspected it was because he was watching YouTube during class on his school-issued laptop, and her suspicions were validated. In fact, he opted out of retaking a math test he’d failed, just so he could watch YouTube,” she said. A few weeks ago, they had a meeting with the district superintendent and several other administrators, including the tech director. To bolster their case, Lewis and her allies put together a video compilation of clips that elementary and middle school children had gotten past the district’s content filters.
Persons: Jaime Lewis, , , Lewis Organizations: YouTube, San Luis Coastal Unified School District Locations: San Luis, San Luis Obispo, Calif
Adtech company ID5 said Tuesday it had raised $20 million in Series B investment. The ID5 identifier has been deployed by more than 66,000 publishers, per the metadata company Sincera. ID5 has now raised just over $27 million in funding to date, though the company declined to disclose its post-money valuation. New investors in this round included the credit reporting and data agency TransUnion and advertising veteran Martin Sorrell's venture capital firm S4S Ventures. Check out key slides from the pitch deck that helped ID5 raise $20 million in Series B funding.
Persons: ID5, Mathieu Roche, Martin Sorrell's, Sorrell, Matt Spiegel, Spiegel, Matt, Roche Organizations: Business, Data Protection, Publishers, Trade, S4S Ventures, Progress Ventures, Seventure Partners, Capital Partners, Aperiam Ventures
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