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☆ I judged Taylor Swift’s album immediately after it came out. Here’s why I was wrong
▼ + stars: | 2024-04-26 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

While some reviews did laud Swift’s latest offering, the album failed to dazzle a healthy branch of critics. Had Swift’s run as a brilliant pop star finally run its course? It was with those reviews in mind that I hit play last Friday afternoon and visited “The Tortured Poets Department” for myself. Initially, “Tortured Poets” failed to resonate with me. That is because it takes more than a day to get one’s arms around a 31-track album like “Tortured Poets.” Swift’s album demands time to be fully appreciated.

Persons: Taylor Swift, ”, Swift, Jack Antonoff, Stone, Swift’s, “, laud Swift’s, Department ” Organizations: CNN, Poets Department, New York Times, Yorker, Department

☆ 'A billionaire can be a cheapskate': The difference between frugal and cheap, according to an etiquette expert
▼ + stars: | 2024-04-25 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

Someone who could afford first-class seats but elects to save money by flying coach, for instance, is merely being cost-conscious, Farley says. "It's a very fine line," says Thomas Farley, an etiquette expert and keynote speaker known as Mister Manners. "Obviously, cheapskate is pejorative for I think 100% of the population, whereas frugality is definitely considered a virtue." But if you're coming across as cheap to other people, you're likely breaching the rules of good etiquette. Read the roomTo avoid looking cheap around your friends, it's important to take the temperature of how they usually behave with money, Farley says.

Persons: Farley, Thomas Farley, Mister Manners, laud, That's, you'll, we're Organizations: laud savers, CNBC

☆ A Perpetual Bridesmaid Gets the Crown, and Germany (Mostly) Likes the Look
▼ + stars: | 2024-04-13 | by ( Rory Smith | Christopher F. Schuetze | ) www.nytimes.com time to read: +1 min

Executives at Bayer Leverkusen, the longstanding but habitually middleweight German soccer team, have been fielding the messages since at least February. Some were delivered in person, a quiet blessing after yet another victory. Others came via WhatsApp, unsolicited and unexpected notes from peers and acquaintances and, to their occasional surprise, traditional foes. But as the German league season gathered pace, plenty wanted to laud Leverkusen’s impending achievement: It was, with each victory, getting closer and closer to being crowned national champion for the first time. Leverkusen will, this weekend, surge over the line and end a run of Bayern championships that stretches back more than a decade.

Persons: laud Leverkusen’s Organizations: Bayer Leverkusen, Soccer, Rivals, Bayern Munich, Bayern, Werder Bremen Locations: German

☆ Trump is recreating his web of chaos at home and abroad in a preview of what a second term could look like
▼ + stars: | 2024-04-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Some top Democrats worry that Americans have forgotten the chaos that raged every day Donald Trump was president, and that voters’ faded recall of the uproar will end up handing him a second term. Trump ally Rep. Marjorie Taylor Greene is threatening to topple Johnson if he dares to pass it. — Nationwide chaos is, meanwhile, spreading in the wake of the Trump-built Supreme Court conservative majority overturning Roe v. Wade in 2022. — Bipartisan efforts to solve a border crisis are in tatters after Trump’s House followers in February killed the most sweeping and conservative bill in years. Yet Trump has vowed to end the war in 24 hours if he wins a second term.

Persons: Donald Trump, ’, Trump, Mike Johnson, Ukraine –, Marjorie Taylor Greene, Johnson, Roe, Wade, Trump’s, Joe Biden, —, Johnson –, Lago Trump, bucked Johnson, Bill Barr, CNN’s Annie Grayer, ” Barr, ”, Barr, “ We’re, Greene, “, ” Greene, CNN’s Manu Raju, We’re, laud, Ronald Reagan’s, Vladimir Putin’s, Volodymyr Zelensky, don’t, CNN’s Frederik Pleitgen, Putin, Christopher Cavoli, ” Cavoli, Biden, majority’s handiwork, he’d, didn’t, –, he’s Organizations: CNN, GOP, Republican, Trump, Washington, Trump -, Mar, Foreign Intelligence, FBI, FISA, Kremlin, Ukraine, European Command, House Armed Services Committee, Arizona Locations: Ukraine, Arizona, tatters, America, Washington, Russia, Georgia, Florida, Russian, Mar, Alabama

☆ Viktor Orbán meeting offers preview of Trump’s 2nd-term strongman idealizations
▼ + stars: | 2024-03-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +5 min

Trump sees Orbán as the kind of strongman – unencumbered by legal and political restraints – that he’d like to be. Ahead of his meeting with the former president, Orbán endorsed Trump’s views on Ukraine, in what will have been music to Putin’s ears and will have added to alarm in Kyiv about what a second Trump term would mean. “It is not gambling but actually betting on the only sensible chance, that we in Hungary bet on the return of President Trump,” Orbán told an economic forum on Monday, Reuters reported. In a statement, Biden’s campaign rebuked Trump for meeting “Hungarian dictator Viktor Orbán, notorious for eroding his own country’s democracy and cozying up to Vladimir Putin (sound familiar? Much of Europe is already recoiling in horror over the possibility of a second term for Trump.

Persons: Viktor Orbán, Donald Trump, isn’t, Biden, CNN’s Betsy Klein, Trump, – unencumbered, Orbán, Vladimir Putin –, laud Orbán, he’s, ” Trump, –, ” Orbán, “, ”, Joe Biden’s, Putin, castigate Trump, ’ ” Biden, didn’t, ” Biden, Vladimir Putin Organizations: CNN, Biden, GOP, Trump, Conservative Political, NATO, European, EU, Reuters, Republicans, Republican Locations: Hungarian, United States, Orbán, Florida, Russian, Ukraine, New Hampshire, Hungary, Sweden, Kyiv, Russia, American, Europe, Budapest

☆ The Russian advance into the ruins of the city of Avdiivka was a matter of time
▼ + stars: | 2024-02-17 | by ( Analysis Tim Lister | ) edition.cnn.com time to read: +6 min

In December, US officials estimated that the Russian military has suffered more than 13,000 casualties along the Avdiivka-Novopavlivka axis in just a few weeks. The Ukrainian military acknowledged in December that the concentration of Russian forces would ultimately prevail. And ISW warns that “Ukrainian forces may have to stabilize the frontline by counter-attacking in the area where Russian forces are trying to close the encirclement of Ukrainian forces in Avdiivka in order to conduct an orderly withdrawal.”Much of Avdiivka now lies in ruins. Radio Free Europe/Radio Liberty/Serhii Nuzhnenko via ReutersThere are already indications that not all Ukrainian units were able to escape an ever-tightening noose. The Ukrainians are adapting swiftly to a new stance of active defense that will continue to bleed Russian forces.

Persons: General Valery Zaluzhnyi, Maksym Zhoryn, Ukraine’s, Oleksandr Syrskyi, Nuzhnenko, Oleksandr Tarnavskyi, Zhorin, laud, Bakhmut, Volodymr Zelensky, ” Zelensky, Avdiivka Organizations: CNN, Kyiv, Ukrainian Armed Forces, Ukraine’s 3rd Assault Brigade, Institute for, Radio Free, Radio Liberty, Reuters, Russian Defense, Munich Locations: Avdiivka, Donetsk, Radio Free Europe, Kharkiv, Mariinka, Russia, Europe

MUNICH (AP) — Long regarded as a celebration of the U.S.-led post-World War II international order, the Munich Security Conference this year will be more of a reflection of America’s political turmoil. And overshadowing it all will be Trump’s threat to not automatically come to the defense of European allies should they be attacked by Russia. That is a cornerstone of NATO’s founding treaty, which has taken on additional significance since Russia’s full-scale attack on Ukraine in 2022. Blinken, too, will be conveying that message in Munich, according to the top U.S. diplomat for Europe, James O’Brien. German Chancellor Olaf Scholz assailed Trump’s comments.

Persons: — Long, Donald Trump, Kamala Harris, Antony Blinken, Alejandro Mayorkas, Adolf Hitler, Harris, Blinken, laud, Trump, Joe Biden, Biden, Jake Sullivan, ”, James O’Brien, O’Brien, “, Olaf Scholz, Trump’s, Jens Stoltenberg Organizations: Munich Security, Homeland, Republican, Nazi Party, laud American, Republicans, NATO, Democratic Locations: MUNICH, U.S, Munich, Russia, Ukraine, Gaza, Bavarian, Europe, Congress, United States, Finland, Sweden

☆ Nikola Jokić triple-double powers Denver Nuggets to 120-108 win over Portland Trail Blazers
▼ + stars: | 2024-02-03 | by ( Patrick Sung | ) edition.cnn.com time to read: +3 min

CNN —Two-time NBA MVP Nikola Jokić led the way for the Denver Nuggets in their 120-108 victory over the lowly Portland Trail Blazers to bring the defending champions within half a game of the No. Denver ran out to a big early lead, outscoring Portland 33 to 20 in the first quarter, but the Trail Blazers fought back in the second. The two teams then traded the lead until the Nuggets pulled ahead by four at the half. Jokić said afterwards he was pleased that the Nuggets are still hungry for more success this season. It’s not like won a championship and now we’re gonna go easy,” Jokić said postgame.

Persons: Nikola Jokić, Jokić, –, Michael Malone, laud, ” Malone, “, he’s, – he’s, Scoot Henderson, Denver’s, David Zalubowski, It’s Organizations: CNN, Denver Nuggets, Portland Trail Blazers, Nuggets, Ball, NBA, Blazers, Denver, Portland, Trail Blazers, Oklahoma City Thunder, Minnesota Timberwolves, Philadelphia 76ers, Milwaukee Bucks Locations: Serbian, –, Portland, Denver

☆ Splunk beats quarterly revenue estimates on robust cybersecurity demand
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

Nov 28 (Reuters) - Splunk (SPLK.O) beat quarterly estimates for revenue on Tuesday, helped by resilient demand for its cybersecurity offerings in an uncertain economy. Cisco Systems (CSCO.O), which cut its annual revenue and profit forecasts earlier this month, entered into an agreement to buy Splunk for about $28 billion in September to strengthen its software business. Splunk is known for its strengths in the area of data observability, which helps companies monitor their systems for cybersecurity risks and other threats. Splunk's total annual recurring revenue for the third quarter ended Oct. 31 rose 15% to $4 billion. It reported total revenue of $1.07 billion, beating analysts' expectations of $1.03 billion, according to LSEG data.

Persons: laud Splunk's, Zaheer Kachwala, Shailesh Organizations: Cisco Systems, Thomson Locations: Bengaluru

At the Belt and Road Forum in Beijing, United Nations Secretary-General Antonio Guterres called for an immediate humanitarian ceasefire. “China is endeavoring to build itself into a stronger country and rejuvenate the Chinese nation on all fronts by pursuing Chinese modernization. World leaders, representatives and delegations from more than 140 countries – including in the Middle East and the Taliban – are attending the gathering marking one decade since the launch of Xi’s flagship Belt and Road Initiative. Beijing aims to gloss over these challenges at the gathering to project its power and laud its contributions to global development as a prime example of its superior leadership. “What has been achieved in the past 10 years demonstrates that Belt and Road cooperation is on the right side of history.

Persons: Vladimir Putin, Xi Jinping, Putin, Xi, “, Joe Biden, Antonio Guterres, “ I’m, ”, ” Xi, Kassym, Joko, laud Organizations: Beijing CNN —, Wednesday, Forum, Initiative, of, Israel, United Nations, CCTV, West, International, Hosting, Beijing –, Communist Party, Beijing Locations: Beijing, China, Russia, Israel, Europe, United States, Ukraine, Russian, Zaporizhzhia

☆ Belt and Road Forum: Beijing to host global gathering as Xi Jinping lays out China's vision
▼ + stars: | 2023-10-15 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

Russia’s Vladimir Putin, whose on-going assault on Ukraine is another major point of global instability and division, is expected to attend. The last time he was in Beijing was for the Winter Olympics opening ceremony in early 2022. Winning backing for China’s global leadership from a broad swath of developing and emerging economies is key to Xi’s strategy to push back against perceived international threats, analysts say. Overseas development finance from China’s two major development banks has also decreased significantly since a peak in 2016, the report’s data show. Ten years on, Chinese decision makers are becoming “more selective and more calculating” about the benefits of their financing, she said.

Persons: Xi Jinping, laud China’s, –, weren’t, Russia’s Vladimir Putin, ”, Craig Singleton, “, Kenya . Han Xu, Li Mingjiang, ” Jonathan Fulton, Luiz Inacio Lula da Silva, Cyril Ramaphosa, Narendra Modi, Sergei Lavrov, Alet Pretorius, ” It’s, Liang, Yun Sun Organizations: CNN, Global, Initiative, Foundation for Defense, Democracies, Getty, Communist Party, Hamas, Singapore’s Nanyang Technological University, Officials, Atlantic Council, Indian, Russia's, Boston University Global Development, Center, World Bank, Overseas, China’s National, Reform, China Program, Stimson Locations: China, Beijing, United States, Israel, Gaza, Ukraine, Ukraine’s, Washington, Kenya ., Xinhua, Russia, Moscow, China’s, Abu Dhabi, Fulton, Johannesburg, New Delhi, saddling

☆ China has poured billions into Africa’s infrastructure. Is it now tightening the tap?
▼ + stars: | 2023-09-26 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +11 min

The impact of those funds is felt across Africa, where residents in major cities like Lagos, Nairobi and Addis Ababa now transit daily via railways, highways and airports built in recent years with Chinese loans and often by Chinese construction firms. But understanding how much money is flowing out of China into global development is notoriously tricky as Beijing doesn’t share this data openly and a wide range of financial entities play roles. How all this plays out could have a significant impact on developing countries’ access to much-needed infrastructure funding. China is also navigating the second decade of the Belt and Road amid stark economic challenges at home. China in 2017 released guidance on promoting a “green” Belt and Road, which called for sustainable development and strengthening environmental protection.

Persons: laud, Xi, Roberto Matchissa, Oyintarelado Moses, ”, Moses, Ammar A, Malik, “, Austin Strange, Yasuyoshi Chiba, AidData’s Malik, HKU’s Organizations: Hong Kong CNN, Initiative, Boston University Global Development, Center, Getty, CNN, Global China Initiative, Global Development Policy, William, Mary’s Global Research Institute, University of Hong, Global Development Locations: China, Hong Kong, Africa, Beijing, Lagos, Nairobi, Addis Ababa, Ukraine, Maputo, Katembe, Mozambique, AFP, Kazakhstan, Zambia, Ghana, University of Hong Kong, Kenya, United States, China’s

☆ Putin Hails Elon Musk as an 'Outstanding Person' and Businessman
▼ + stars: | 2023-09-12 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

VLADIVOSTOK, Russia (Reuters) - Russian President Vladimir Putin on Tuesday hailed South African-born businessman Elon Musk as an "outstanding person" and businessman whose SpaceX company had become a major player in the space transportation industry. Former Russian president Dmitry Medvedev took to X earlier this month to laud Musk over that decision - which has been sharply criticised by Ukrainian politicians - as "the last adequate mind in North America". Putin, speaking at an economic forum in Russia's far east, did not refer to the Starlink incident. But when asked about the success of Musk's SpaceX company in launching rockets into space, he said:"As far as private business and Elon Musk is concerned... he is undoubtedly an outstanding person. "He (Musk) is an active and talented businessman and he is succeeding a lot, including with the support of the American state," added Putin.

Persons: Vladimir Putin, Elon Musk, Musk, Dmitry Medvedev, laud Musk, Putin, Andrew Osborn, Gareth Jones Organizations: Tuesday, SpaceX, Elon, Reuters Locations: VLADIVOSTOK, Russia, U.S, Sevastopol, Ukrainian, North America, Moscow

☆ Russian Election Candidates Praise Putin’s Support for War Families
▼ + stars: | 2023-09-08 | by ( Ann M. Simmons | ) www.wsj.com time to read: 1 min

A polling station at a bus stop in the Russian-controlled Ukrainian city of Mariupol. Photo: ALEXANDER ERMOCHENKO/REUTERSAs Russia’s war in Ukraine drags on, a wave of Russian gubernatorial elections is turning into an effort to gloss over the horrific cost of the conflict and instead laud the generous handouts and other support the Kremlin has provided for families of those killed in combat and those with loved ones still in the field.

Persons: ALEXANDER ERMOCHENKO, laud Locations: Russian, Ukrainian, Mariupol, Ukraine

☆ How to Make Health Care Cheaper and Better - The New York Times
▼ + stars: | 2023-09-06 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

Louisiana successfully used a sort of subscription model to ensure access to antiviral drugs against hepatitis C for people on Medicaid and in prison, the Rebitzers wrote. Patients’ incentives to restrain health care spending are limited to whatever they spend on deductibles and co-pays. Health care is one of the only parts of the economy where “slightly worse but much cheaper” is not even on the mental map, the Rebitzers wrote. The adversarial approach to health insurance, in which insurers spend huge sums scrutinizing claims, is enormously wasteful, the Rebitzers wrote. Another idea: “Trusted third parties could manage and attest to the validity of payments, as with credit card payments.”The Rebitzers acknowledge that in health care, especially, economic incentives don’t always work.

Persons: laud, don’t, Robert Shiller, ” Organizations: American Board, Internal, ABIM, Yale Locations: Louisiana, Europe, United States

As the volleyball game neared its end, thousands of fans watching on giant screens in an Istanbul park rose to their feet and fell silent. The ball soared, a Turkish player set it up near the net, and her teammate spiked it. Her Italian opponents blocked the shot but knocked the ball out of bounds, handing victory to the Turks and causing the crowd to erupt into chants of “Turkey! Turkey!”The nail-biter victory on Friday by Turkey’s national women’s volleyball team in the Women’s European Volleyball Championship was the most recent conquest by the country’s most successful major sports team, a record that has turned it into a rare source of national pride that holds appeal across the country’s social divides. Affectionately referred to as “the Sultans of the Net,” the team won the Volleyball Nations League championship in July in Arlington, Texas, and became the world’s top rated women’s national team, according to FIVB, the sport’s international governing body.

Persons: laud Organizations: Turkey’s, volleyball, Volleyball, Volleyball Nations League, FIVB Locations: Istanbul, Turkish, Turkey, Arlington , Texas, Serbia, Brussels

☆ Yellen warns of risks of over-concentration of clean energy supply chains
▼ + stars: | 2023-08-14 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

"As we move away from fossil fuels, we remain concerned about the risks of over-concentration in clean energy supply chains," she said in excerpts of the speech obtained by Reuters. "Today, the production of critical clean energy inputs – from batteries to solar panels to critical minerals – is concentrated in a handful of countries." "The IRA is helping re-shore some of the production that is critical to our clean energy economy," she said. "Accelerating these transitions can mean greater demand for U.S. clean energy technologies produced by American workers. It can also bolster global clean energy supply chains.”Yellen will speak at a training center operated by the International Brotherhood of Electrical Workers (IBEW) union.

Persons: Janet Yellen, Thomas Peter, laud, Yellen, Joe Biden, Biden, Andrea Shalal, Diane Craft Organizations: Treasury, U.S, REUTERS, Thomas, Thomas Peter Companies Ipsos, LAS, Reuters, International Energy Agency, Democratic, International Brotherhood of Electrical Workers, Thomson Locations: Beijing, China, United States, U.S, Las Vegas, Democratic Republic of Congo, Indonesia, Australia, Chile, Nevada

☆ Meet 17 medical doctors at VC firms like GV and Khosla Ventures who are investing in the next big healthcare startups
▼ + stars: | 2023-07-20 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +2 min

Some medical school graduates are bringing their expertise to the world of startup investing. Take a look at 17 doctors who are now investing at VC firms like GV and Khosla. And still others, including Khosla Ventures' Alex Morgan and Galym Imanbayev of Lightspeed Venture Partners, jumped directly to a VC firm after graduating from medical school. Even so, VCs with medical degrees all say they feel that their medical school training has been invaluable in terms of understanding a health startup's business. Take a look at Insider's list of 17 medical doctors who are now VCs at top firms like GV, Khosla Ventures, and more.

Persons: —, laud, Mark Zuckerberg, Larry Ellison, Jack Dorsey, Chris Kager, Robert Mittendorf, Alex Morgan, Galym, Alice Zheng Organizations: MDs, GV, Khosla, Global Health, Khosla Ventures, Lightspeed Venture Partners, University of Michigan Medical School, RH Capital

☆ Putin extols Russian economic performance, defends military spending
▼ + stars: | 2023-06-16 | by ( ) www.cnbc.com time to read: +2 min

Russian President Vladimir Putin gives a speech at a plenary session of the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 16, 2023. President Vladimir Putin on Friday cited positive data points to laud Russia's economic health and said surging defense spending was needed to boost national security, as Moscow grapples with the cost of fighting in Ukraine. Analysts and data, however, suggest that slumping energy revenues and soaring military spending have played a key role. "I should say that on the whole this justifies itself from an economic point of view," Putin added. The central bank has repeatedly warned that a labor shortage is exacerbating inflationary risks, and analysts have named it one of the most significant drags on Russia's economic progress.

Persons: Vladimir Putin, laud, Putin Organizations: Saint Petersburg, Economic, St Petersburg, Monetary Fund Locations: Saint Petersburg, Moscow, Ukraine

☆ The Coronation of King Charles: Order of Service
▼ + stars: | 2023-05-06 | by ( ) edition.cnn.com time to read: +46 min

The Archbishop saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? Christopher Finney GC saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? We praise thee, we bless thee,we worship thee, we glorify thee,we give thanks to thee for thy great glory,O Lord God, heavenly King, God the Father Almighty. O clap your hands together, all ye people;O sing unto God with the voice of melody. The King touches the Ring and the Archbishop saysReceive this Ring, symbol of kingly dignity and a sign of the covenant sworn this day, between God and King, King and people.

☆ 10 Things in Tech: The end of coding as we know it, why the 4-day workweek works, and wild Kittyhawk designs
▼ + stars: | 2023-04-29 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

But all of you had something insightful to share (there was even the odd pet picture, too!) Now, this week I wanted to share some of our top stories from our Discourse team. Tech companies have rushed to embrace generative AI, recognizing its ability to turbocharge programming, Insider's Aki Ito writes. And for better or worse, this effectively marks the end of coding as we know it. A growing body of evidence suggests a shorter workweek prevents employee burnout, fosters a healthier workplace, and boosts company productivity.

☆ Mental-health apps have a dark secret — and it raises important questions about the future of online therapy
▼ + stars: | 2023-04-22 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +3 min

In a video posted by Vice, Clarke addressed Clearlink's return-to-office mandate and said that many of his remote workers didn't open their laptops for a month. Online therapy fills a critical need — but it has a dark side. The data Loris used to create its "empathetic" software was generated from text conversations with people in distress, sourced from Loris' parent company, Crisis Text Line, a nonprofit suicide-prevention hotline. That is, however, according to Musk, who told Tucker Carlson that the two tech billionaires disagreed on safety and regulation. The real reason bosses are freaked out by remote work: they think it's for "sissies."

☆ CEO says many of his remote workers didn't open their laptops for a month, and 'only the rarest of full-time caregivers' can be productive employees
▼ + stars: | 2023-04-20 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Clearlink CEO James Clarke said remote workers "quietly quit" and didn't open laptops in a month, Vice reported. A representative didn't address the remarks, but said Clarke "could not be more excited" for the company. Clearlink's CEO James Clarke reportedly told employees that he believed many remote workers have "quietly quit" and become so brazen that dozens at his company "didn't even open" their laptops for a month. "And those were all remote employees, including their manager — for a whole month." Clearlink is a private company with 800 employees, a company representative told Insider.

☆ Wall Street is looking at the positive side of Samsung’s 96% profit drop, production cuts. Here's why
▼ + stars: | 2023-04-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Samsung's plan to cut memory chip production signals a potentially sooner-than-expected recovery for the broader memory chip market, according to Wall Street. Investors seemed to laud the news, sending shares of Micron Technology and Western Digital up about 8% each on Monday. Citi analyst Christopher Danely called the news a "huge positive" for the dynamic random access memory, or DRAM, industry. But while the cuts from Samsung should help ease some pricing pressures, caveats persist, with Morgan Stanley's Joseph Moore expecting a "fairly muted" upturn from the production cuts and slow margin recovery even in 2024. "Investors are much more excited than industry contacts around this, given obvious green shoots implied from production cuts," he wrote.

☆ Reflecting sunlight to cool the Earth must be studied before climate change gets much worse, urges group of 60 scientists
▼ + stars: | 2023-02-27 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +7 min

Greenhouse gas emissions must be immediately and urgently reduced, as that's the only permanent way to limit global warming. "Even with aggressive action to reduce GHG emissions it is increasingly unlikely that climate warming will remain below 1.5-2°C in the near term," the scientists wrote. "Aerosols from human activities are currently estimated to be offsetting about a third of greenhouse gas climate warming," the scientists wrote. Cirrus cloud thinning, CCT, which involves putting aerosols into cirrus clouds to reduce the amount of infrared radiation that the Earth retains. In some cases, they might be less harmful if used in some combination, the scientists wrote.

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