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United Nations CNN —A United Nations resolution in support of Palestinian membership passed with overwhelming support on Friday, and granted new privileges to the Palestinian Authority in its current capacity as a non-member observer state. Palestinian Ambassador to the United Nations Riyad Mansour at the UN in New York City on May 10, 2024. Eduardo Munoz/ReutersIn remarks before the vote, Palestinian ambassador Riyad Mansour spoke passionately about the plight of Palestinians in wartorn Gaza. Only member states can vote, but the Palestinian Authority can now be seated among member states in alphabetical order; submit and introduce proposals and amendments; and co-sponsor proposals and amendments. In September 2011, the Palestinian Authority failed to win UN recognition as an independent member state.

Persons: “, ”, United Nations Riyad Mansour, Eduardo Munoz, Riyad Mansour, ” Mansour, Israel Katz, Mansour, United Nations Robert Wood, Wood, United Nations Gilad Erdan, Charly Triballeau, Gilad Erdan, ” Erdan, Farhan Haq, ” Haq Organizations: United Nations CNN, Nations, Palestinian Authority, United Arab, United Nations, Palestinian, UN, Reuters, Columbia University, Authority, Security, US, Assembly, Getty Locations: Hungary, Argentina, Micronesia, Nauru, Palau, Papua New Guinea, Israel, United States, United Arab Emirates, The State, Palestine, United, New York City, Gaza, Rafah, AFP, New York

☆ Opinion: Melania’s complicated ‘stand by your man’ routine
▼ + stars: | 2024-04-24 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +6 min

The days of women standing up next to their philandering husbands should be well in the rear view. Melania’s decision to stay married to Donald despite very public evidence of an affair is her choice to make. (Her decision to stay married to a man who very publicly cheated on his first wife, is virulently misogynistic and has stoked hatred of immigrants tells us something else about her character.) Former First Lady Melania Trump stands alongside her husband, former President Donald Trump at a fundraising event in Palm Beach, Florida on April 6, 2024. Would Donald stay married to Melania if she faced multiple very public affair accusations?

Persons: Jill Filipovic, Donald Trump, Stormy Daniels, Melania, Barron, Trump, Karen McDougal, Daniels, McDougal, Donald, Lady Melania Trump, Alon Skuy, Bill Clinton, Idaho Sen, Larry Craig, Craig, Eliot Spitzer, Silda Wall Spitzer, stoically, Abedin, Anthony Weiner, Former Louisiana Sen, David Vitter, Wendy, presser, ” premised, –, Chip Somodevilla, She’s Organizations: Twitter, CNN, Republican, Former New York Gov, York, Former Louisiana, Rochester Opera House Locations: New York, Manhattan, Palm Beach , Florida, Idaho, Paris, Rochester , New Hampshire

☆ The world's largest chipmaker just issued a warning that the industry's red-hot growth could slow
▼ + stars: | 2024-04-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

TSMC sees growth in the microchip industry slowing to 10%, it said in a post-earnings call. The dimmed outlook comes on slowdown expectations for automotive chips. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The update was offered during the firm's post-earnings call with analysts, and is premised on TSMC's shifting stance on automotive chips, used in vehicles. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Taiwan Semiconductor Manufacturing, Business

☆ Ukraine isn't the only country Russia is trying to topple
▼ + stars: | 2024-04-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Even as Russian bombs pound Ukraine, Moscow's mercenaries and spies are busy trying to set much of the rest of the world afire. To Russia, the conventional warfare waged in Ukraine, and unconventional "gray zone" warfare waged around the world, are two sides of the same coin. Human intelligence operations are used to attempt elite capture through the offer of assistance to politicians who support Russian interests. "As the war in Ukraine protracts, Russia has an interest in creating crises further afield," said RUSI. "As a lot of Russia's unconventional operations are self-defeating, countering Russian unconventional warfare must be premised on careful, selective, and intelligence- driven targeting," the study emphasized.

Persons: —, RUSI, Vladimir Putin, Jack Watling, Oleksandr Danylyuk, Nick Reynolds, Britain —, Yevgeny Prigozhin, Putin, Ramzan Kadyrov, Kadyrov, Michael Peck Organizations: Service, Britain's Royal United Services Institute, Business, Kremlin, Soviet Union, NATO, Directorate, Staff of, Armed Forces, Getty, Russian, Central African, Wagner, GRU Expeditionary Corps, Convoy, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russia, Europe, Africa, Central Asia, Soviet, Montenegro, Moscow, Moldova, Russian, Britain, Ukraine protracts, Balkans, Russia's, Libya, Mali, Sudan, Central African Republic, Chechnya, Forbes

☆ How legal fights and stalling by judge could push Trump documents trial after election
▼ + stars: | 2024-04-03 | by ( Tierney Sneed | Hannah Rabinowitz | ) edition.cnn.com time to read: +12 min

The longer it takes for Cannon to decide these issues, the more likely a trial would need to wait until after the November presidential election. But Cannon’s critics view the pace of the Trump prosecution with added suspicion because of how she handled a separate, 2022 lawsuit Trump brought attacking the FBI’s documents investigation. In that lawsuit, Cannon granted an extraordinary Trump request for a third-party review of the FBI’s 2022 search of his Mar-a-Lago resort for the classified documents. Now, critics accuse Cannon of – purposely or not – playing into Trump’s strategy of delaying the trial until after the election. Hours after the hearing, Cannon rejected Trump’s first claim, that the national defense law he is charged under was too vague.

Persons: Donald Trump, Aileen Cannon, Cannon, Prosecutors, Jack Smith, ”, Smith, Alan Rozenshtein, “, Trump, –, Barbara McQuade, Obama, ” McQuade, won’t, nudges, doesn’t, McQuade, Southern District of Florida Aileen Cannon, Lothar Speer Cannon, ” David Aaron, ” Aaron, Aaron, CIPA, they’re, that’s, Mark Schnapp, Trump’s, Rozenshtein, Cannon “, Judge Cannon’s Organizations: CNN, Trump, University of Minnesota Law School, Justice Department, Biden White, University of Michigan Law School, US, Court, Southern, Southern District of, DOJ, DOJ National Security, Presidential, National Archives, ” Prosecutors, White Locations: Southern District, Southern District of Florida, Florida

☆ Opinion: Why Iran hates America
▼ + stars: | 2024-02-24 | by ( Fareed Zakaria | ) edition.cnn.com time to read: +7 min

Iran, and particularly its hostile relationship with the US, is firmly at the center. The story is more complicated than that, as I lay out in my CNN special report “Why Iran Hates America,” airing Sunday at 8 p.m. and 11 p.m. But suffice it to say that America’s relationship with Iran has been hostile and confrontational for more than four decades. Washington has viewed the fall of the Shah’s Iran as a deep betrayal from which it has never really recovered. As Iranian Foreign Minister Javad Zarif pointed out to me, the Iran nuclear deal was premised not on trust but on mistrust.

Persons: Fareed Zakaria, Fareed, Read, CNNi, Yemen’s Houthis, jihadism, Majid Saeedi, Iran’s, Shah, Jimmy Carter, It’s, Ronald Reagan, George W, Bush, Barack Obama, Hassan Rouhani, Javad Zarif, premised, Donald Trump, Rouhani Organizations: CNN, Fareed’s, Sunday, US, Iranian, Washington Locations: Iran, Israel, Gaza, An Iran, Jordan, Washington, Tehran, Britain, Iraq, Afghanistan, Libya, —, Moscow, Roman, America, United States

Australian computer scientist Craig Wright entered the witness box at the High Court and testified he was the man behind “Satoshi Nakamoto,” the pseudonym that has masked the identity of the creator of bitcoin. The trial started on Monday and is expected to last a month, before a judge rules at a later date. The ruling will affect three pending lawsuits that Wright has filed based on his claim to having the intellectual property rights to bitcoin. Wright appears to have never done so, despite vowing to prove that he's the owner of the fortune. In the London trial, Hough repeatedly sparred with Wright over the authenticity of documents that he said support his claims.

Persons: Craig Wright, “ Satoshi Nakamoto, bitcoin, Wright, he’s, “, Satoshi, Jonathan Hough, ”, “ Wright, Tominaga Nakamoto, Satoshi David, J.P, Morgan, Anthony Grabiner, hadn't, Wright’s, ” Grabiner, David Kleiman, Hough Organizations: High, Alliance Locations: London, Australian, Florida

☆ Sen. Warren asks Justice Department to consider nixing Corizon's bankruptcy
▼ + stars: | 2024-02-01 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +6 min

Read previewSenator Elizabeth Warren is bringing fresh scrutiny to the controversial bankruptcy of private prison healthcare company Corizon Health. Warren applauded the US Trustee Program, which oversees the federal bankruptcy system, for making a rare decision last year to file an objection in court to Corizon's bankruptcy plan. Corizon's current bankruptcy plan, she wrote, "will deny Corizon's creditors, including incarcerated individuals, adequate restitution for the company's serious harms." This is the second time Warren has weighed in on the Corizon bankruptcy. "Corizon's bankruptcy is premised on the fact that it does not have sufficient resources to pay victims and other creditors," she wrote.

Persons: —, Elizabeth Warren, Warren, Corizon, Jason Brookner, YesCare didn't, Emma Dulaney, Dick Durbin, YesCare, Raphael Prober, Corizon's, plan's Organizations: Service, Corizon Health, Department of Justice's U.S, Business, Tehum Care Services, Department of Justice, US, Corizon, YesCare Holdings Locations: Texas, Tehum, YesCare

☆ What Texas is (and is not) doing to defy a Supreme Court border setback
▼ + stars: | 2024-01-27 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +13 min

I went to CNN’s Supreme Court analyst Stephen Vladeck, a law professor at the University of Texas at Austin, with those questions. Abbott is not ignoring the Supreme CourtWOLF: How does Abbott justify essentially ignoring the Supreme Court? VLADECK: It’s really important to stress that two different things are true: First, Abbott is not “essentially ignoring” the Supreme Court. Is the Supreme Court likely to agree with him? WOLF: I am reminded of last year when Alabama legislators initially did not comply with a Supreme Court decision requiring a second majority-Black congressional district.

Persons: Greg Abbott, Biden, ” Abbott, Abbott, Stephen Vladeck, WOLF, can’t, –, “, ”, Robert Jackson, Milligan, Brett, Kavanaugh, Monday’s, we’ve, Trump’s, Trump Organizations: CNN — Texas Gov, US, Patrol, Supreme, Circuit, Fox News, University of Texas, Republican, Government, Democratic, . Locations: Texas, Mexico, Austin, Eagle, “, ”, Alabama, Allen, Arizona, . United States

☆ The FCC vs. the News in Your Neighborhood
▼ + stars: | 2024-01-14 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

Journal Editorial Report: Edward Lawrence interviews economic strategist Jason Trennert. Official Washington has Jessica Rosenworcel , the Federal Communications Commission chief. Last seen restarting a needless fight over net neutrality, over the holidays she committed more bureaucracy. The courts pressured her to complete her agency’s absurdly delayed 2018 “quadrennial review” of its extensive media ownership regulations. Of course she found these regulations more urgent than ever despite the internet having obliterated the ostensible electromagnetic scarcity on which they were premised.

Persons: Edward Lawrence, Jason Trennert, Mark Kelly You, Jessica Rosenworcel Organizations: Bloomberg, Washington, Federal Communications Commission

☆ Live updates: Trump lawyers argue in Georgia 2020 election case motions hearing
▼ + stars: | 2023-12-01 | by ( Dan Berman | Andrew Menezes | ) edition.cnn.com time to read: +3 min

Fulton Superior Court Judge Scott McAfee departs after presiding over a hearing at the Fulton County Courthouse in Atlanta on November 15. But it’s in Georgia where he and his alleged co-conspirators face a combined 41 state charges for trying to overturn legitimate election results in the 2020 presidential election. This is the first time Trump’s attorneys will appear in court in the Fulton County case, though their client won’t be with them. Trump hasn’t yet been in the Atlanta courthouse – he previously waived his right to an arraignment hearing – though he was processed at the Fulton County jail in late August. Read more about the Georgia election subversion case.

Persons: Scott McAfee, Arvin Temkar, Donald Trump’s, Trump, ” Drew Findling –, Steven Sadow, Jennifer Little, Sadow, “, ” Sadow, Kenneth Chesebro, Sidney Powell, Chesebro, Powell, McAfee Organizations: Reuters, Trump, United Locations: Fulton, Atlanta, Georgia, United States, Fulton County

☆ Here are Friday's biggest analyst calls: Tesla, Boeing, Amazon, Delta, Spotify, Alibaba, Johnson & Johnson and more
▼ + stars: | 2023-12-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are the biggest calls on Wall Street on Friday: Stifel initiates Boeing at buy Stifel said it sees a "favorable" setup for Boeing shares. Citi downgrades Spotify to neutral from buy Citi said in its downgrade of Spotify that the risk/reward is less compelling. Jefferies initiates Arcos Dorados as a buy Jefferies said the Latin American McDonald's franchisee is a "consistent compounder." Jefferies initiates CSG Systems as buy Jefferies said in its initiation of the software-as-a-service company that it sees burgeoning growth. Jefferies initiates Amdocs as buy Jefferies said it sees opportunity for the Israel-based software and systems integration supplier. "

Persons: Stifel, TD Cowen, Morgan Stanley downgrades Alibaba, Morgan Stanley, it's, Alibaba, Tesla, Cantor Fitzgerald, Cantor, Jefferies, Piper Sandler, TXRH, Wells, Wells Fargo, Emerson, Oppenheimer, Goldman Sachs, Bonnie Herzog's, MarketWise, Redburn, Johnson Organizations: Boeing, Delta, Air Lines, Citi, Spotify, RBC, Western Alliance, Novo Nordisk, Arcos, American, Crescent Energy, Fortrea Holdings, ISI, Aspen Technology, Emerson, JPMorgan, Constellation Brands, Constellation, UBS, Bank of America, Norfolk Southern, of America, Norfolk, CSG Systems, Communication Service, Financial Services, Technology, Healthcare, Westinghouse, Johnson, Innovative Medicine, Pharmaceutical Locations: Europe, China, Arcos, 4Q24, reaccelerate, Aspen, Norfolk, Israel

☆ Friday's analyst calls: Big drug stock upgrade, Alibaba downgrade, a new AI play
▼ + stars: | 2023-12-01 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The analyst lowered her price target to $99 from $106 per share. The new price target implies just a 5% gain from Thursday's close. The analyst's $115 price target, hiked from $70 previously, implies 43% upside from where the stock closed Thursday, at $80.36. ET: Morgan Stanley downgrades Alibaba Morgan Stanley cut Alibaba to equal-weight from overweight and lowered the firm's price target to $90 from $110. The analyst's $190 price target implies shares can rise just 2.6% from where they closed Thursday.

Persons: JPMorgan downgrades, Jessica Fye, Fye, Sarah Min, Wells Fargo, Andrew Nowinski, GenAI, Nowinski, FactSet, — Sarah Min, Morgan Stanley downgrades Alibaba Morgan Stanley, Alibaba, Morgan Stanley, PDD, John Melloy, Jason Bazinet, Bazinet, Johnson, Danielle Antalffy, Antalffy, Robert Ohmes, — John Melloy Organizations: CNBC, Spotify, JPMorgan, Investors, U.S, PDD Holdings, Citi, UBS, Johnson, Pharma, Bank of America, of America, Costco Locations: BioNTech, Thursday's, Wells Fargo, China, Darzalex, DARZALEX

Atlanta CNN —Former President Donald Trump’s attorneys in the Georgia election subversion case are set to defend their client in a Fulton County courtroom for the first time on Friday as they try to have the charges thrown out on First Amendment grounds. This is the first time Trump’s attorneys will appear in court in the Fulton County case, though their client won’t be with them. Trump hasn’t yet been in the Atlanta courthouse – he previously waived his right to an arraignment hearing – though he was processed at the Fulton County jail in late August. She used a similar legal strategy in a 2014 RICO case in Fulton County, according to a source familiar with the matter. Despite his mounting legal debt and the fact that he is almost 80, sources close to Giuliani said he intends to fight the Georgia case.

Persons: Donald Trump’s, Trump, ” Drew Findling –, Steven Sadow, Jennifer Little, Sadow, “, ” Sadow, Scott McAfee, Kenneth Chesebro, Sidney Powell, Chesebro, Powell, McAfee, Trump’s, Fani Willis, ” Willis, Jack Smith, Smith, ”, Willis ’, Eastman, John Eastman, Fulton, Donald Trump, Willis, Mark Meadows, Jeffrey Clark, Clark, Meadows, ” “, Bob Cheeley, Cheeley, Robert Cheeley, Cheeley’s, Buddy Parker, Rudy Giuliani –, haven’t, Giuliani, Allyn Stockton Jr, David Shafer, ” Shafer, Rudy Giuliani’s, Robert Costello, Giuliani groped, CNN Giuliani, Brian Tevis, David Wolfe, CNN’s Paula Reid, Evan Perez, Marshall Cohen Organizations: Atlanta CNN —, Trump, United, Fulton, Republican, Prosecutors, Washington Post, “, U.S, CNN, Trump Trump, Trump White House, Secret, Justice, Appeals, DC, Georgia’s, Senate, Atlanta Public Schools, Georgia Republican Party, Georgia State Senate, Electoral College, New, Atlanta Locations: Georgia, Fulton, Atlanta, United States, Fulton County, Washington , DC, Meadows, ” Meadows, Washington, Trump, State of Georgia, New York, Aidala, Stockton, Rabun County

The New Zealand dollar was last up 1.1% at a four-month high of $0.6207, having blown past resistance. The U.S. dollar, meanwhile, slid to fresh multi-month lows on the euro, yen, sterling, the Australian dollar, yuan and Swiss franc. Overnight Fed Governor Christopher Waller - an influential and previously hawkish voice at the U.S. central bank - told the American Enterprise Institute that rate cuts could begin in a matter of months, provided inflation keeps falling. Fed funds futures rallied on the remark to price more than hundred basis points of cuts in 2024 and 40% chance they begin as soon as March. Two-year Treasury yields fell sharply and along with the dollar fell further still in Asia.

Persons: Christopher Waller, Governor Waller's, Tapas Strickland, Jerome Powell, Waller, CONDITIONALITY Waller's, Seng, Vishnu Varathan, Simon Cameron, Moore Organizations: New Zealand, Nikkei, U.S ., Swiss, U.S, American Enterprise Institute, Governor, National Australia Bank, Fed, HK, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, Hong Kong, Sydney, China, Meituan, Zealand, Singapore

CNN —Almost three years on from its bloody coup, Myanmar’s military junta is facing the biggest threat to its hold on power as it fights wars on multiple fronts across the Southeast Asian nation. Junta airstrikes and ground attacks on what the Myanmar military calls “terrorist” targets have killed thousands of civilians to date, including children, and displaced about 2 million people. Stringer/AFP/Getty ImagesCNN has reached out to Myanmar’s military spokesperson for comment on the recent fighting but has not received a response. Stringer/AFP/Getty ImgesIn the jungles of southeast Kayah state, fighting has raged near the state capital Loikaw. Video filmed and published by the Karenni Nationalities Defense Force appears to show Myanmar army soldiers surrendering to rebels at Loikaw University who are filmed treating their injuries.

Persons: ”, Matthew Arnold, ” Arnold, Min Aung, Aung, Suu Kyi, “, Bo Nagar, Stringer, Myint Swe, Chin Shwe Haw, Nan Diya, Lalmalsawma Hnamte, Lin Lin, Ye Myo Hein, May, – “, Karen, Chin state’s Matupi, Tian Junli, Arnold, Myanmar’s, it’s, Suu Organizations: CNN, United Nations, National Unity Government, Junta, Myanmar, UN, Administration Council, Burma National Revolutionary Army, National Liberation Army, Alliance, Myanmar National Democratic Alliance Army, Arakan Army, ”, Getty, Reuters, Loikaw, Karenni Nationalities Defense Force, Loikaw University, Resistance, Burma People’s Liberation Army, Brotherhood Alliance, United States Institute of Peace, Wilson Center, Border Guard Forces, China, Global Times, PLA Southern Theater Command Locations: Myanmar, Myanmar’s, Suu, Yangon, Mandalay, Burma, Namhsan Township, Shan State, AFP, Arakan, China, ”, Shan, Chin, Muse, Rakhine, Pauktaw, Lashio, Kayah, Mizoram, “, Sagaing region, Asia, Kawkareik, Karenni, Sagaing, India, Thailand, Bangladesh

☆ House Speaker Mike Johnson campaigned with disgraced reality TV Star Josh Duggar, one of several accused sex offenders connected to his 'mentor' Tony Perkins
▼ + stars: | 2023-11-18 | by ( Jacqueline Sweet | ) www.businessinsider.com time to read: +8 min

Speaker Mike Johnson campaigned with now-disgraced reality TV star Josh Duggar years ago in Louisiana. Johnson called Duggar, now in prison for child pornography, a "friend" when the two campaigned for now-U.S. According to the Washington Post, "Perkins goes way back with the Duggar family." According to the Washington Post, Perkins was close to Duggar's father Jim Bob Duggar , who served in the Arkansas House of Representatives from 1999 to 2003. Calls and emails to Perkins and Duggar family lawyers were not immediately returned.

Persons: Mike Johnson, Josh Duggar, Johnson, Tony Perkins, Bill Cassidy, —, Duggar, Perkins, Mike Huckabee, Rick Santorum, Ted Cruz, Bobby Jindal, Sen, Santorum, Raj Shah, Shah, Josh, Duggar's, Jim Bob Duggar, InTouch, Jim Bob, Paul, Pressler's, Pressler, Wesley Goodman, Perkins acolyte, Goodman, Donald Trump, Paul Pressler Organizations: Family Research, Service, Louisiana Republican, Business, Washington Post, GOP, Pennsylvania Republican, Washington , D.C, FRC, InTouch, Paul Pressler School of Law, Louisiana College, Pressler, Southern Baptist Convention, Council for National Policy, The Washington Spectator Locations: Louisiana, U.S, Washington ,, Shreveport, Arkansas, Ohio

There are three classic theories:Deterrence: Severe sentences send a message to would-be criminals and prevent crimes. “If you’re going to deter, you have to reach an audience,” John Coffee, a Columbia University law professor and an expert on white-collar crime, told DealBook. Incarceration for economic crimes has an “expressive value,” Taub said. Bankman-Fried was famously obsessed with calculating risk — an effective sentence would signal to others like him that it’s not worth rolling the dice. — Ephrat LivniWe want to hear from you: How should judges approach sentencing for white-collar crime?

Persons: ” John Coffee, DealBook, Coffee, warranting, Judge Kaplan, Jennifer Taub, Taub, ” Taub, Fried, it’s, — Ephrat Livni, Biden, Sienna, Donald Trump Organizations: Columbia University, Alameda Research, Democratic, Biden, Times Locations: Western, England, Alameda, Virginia , Kentucky , Ohio, Pennsylvania

"But I would say that an expectation of higher near-term policy rates does not appear to be causing the increase in longer-term rates." The interest rate on the 10-year Treasury bond has risen roughly a percentage point since the summer, breaching the 5% level late last month before dropping in recent days to its current level around 4.64%. The Fed has not raised its policy rate since July. Cook did not comment on her specific view of the Fed's policy rate, focusing instead on an overview of financial stability issues. In her overview of financial stability, Cook said she felt that the banking system had weathered the stresses of last spring, and "remains sound and resilient overall."

Persons: Lisa DeNell Cook, Ken Cedeno, Lisa Cook, Cook, Jerome Powell, Howard Schneider, Paul Simao Organizations: Governors, Federal Reserve System, Banking, Housing, Urban, Capitol, Washington , D.C, REUTERS, Rights, Federal, Duke University, Thomson Locations: Michigan, Washington ,, U.S

☆ War with Hamas to cost Israel above $50 billion, Calcalist reports
▼ + stars: | 2023-11-05 | by ( ) www.reuters.com time to read: +2 min

Palestinians search for casualties, at the site of Israeli strikes on houses, amid the ongoing conflict between Israel and Palestinian Islamist group Hamas, at the Magazi Refugee Camp, in central Gaza Strip, November 5, 2023. REUTERS/Mohammed Salem Acquire Licensing RightsJERUSALEM, Nov 5 (Reuters) - Israel's war with Hamas in the Gaza Strip will cost as much as 200 billion shekels ($51 billion), the Calcalist financial newspaper reported on Sunday, citing preliminary Finance Ministry figures. Calcalist described the ministry as deeming 200 billion shekels an "optimistic" estimate. Calcalist said half of the cost would be in defence expenses that amount to some 1 billion shekels a day. Another 40-60 billion shekels would come from a loss of revenue, 17-20 billion for compensation for businesses and 10-20 billion shekels for rehabilitation.

Persons: Mohammed Salem, Lebanon's, Calcalist, Bezalel Smotrich, Benjamin Netanyahu, Moody's, Fitch, Steven Scheer, David Evans Organizations: Hamas, REUTERS, Rights, Ministry, Lebanon's Hezbollah, Thomson Locations: Israel, Palestinian, Gaza, Iran, Yemen

☆ Firms like Meta and A16z admit having to pay billions for training data would ruin their generative-AI plans as they fight new copyright rules
▼ + stars: | 2023-11-03 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

"Generative AI models need not only a massive quantity of content, but also a large diversity of content," Meta wrote in its comment. But those kinds of deals would provide AI developers with the rights to only a minuscule fraction of the data they need to train their models. And it would be impossible for AI developers to license the rights to other critical categories of works." None of the companies denied using copyrighted material without authorization from rights holders. Instead, they generally argued that putting copyrighted material on the internet makes it "publicly available" and therefore fair game for use.

Persons: Andreessen Horowitz, Google's Bard, OpenAI's, Meta, OpenAI, Bard, A16z, Vince Gilligan, doesn't, Kali Hays Organizations: US, Meta, Microsoft, Google, Apple, News Corp, Getty Locations: khays@insider.com

☆ Walmart is at work on a new degree-free message about getting hired at its corporate headquarters
▼ + stars: | 2023-11-01 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

"In prior years, people would pursue a cybersecurity college degree," Stomski said. At the same time, Wildavsky stressed that being dismissive about the value of a college degree is a mistake. "This is not about getting rid of college degrees," Stomski said, and she added that many of Walmart's corporate jobs will still require them. Examples of Walmart corporate roles that will not require college degrees including positions in operations and merchandising, but Stomski declined to be more specific. In August 2022, Walmart began eliminating around 200 corporate jobs as part of a restructuring effort amid a more challenging economic environment.

Persons: Terra, Stomski, We're, Lorraine Stomski, Julie Gehrki, Ben Wildavsky, Wildavsky, it's, —, OpenAI, We've, Colleen Ammerman, Walmart's Organizations: Walmart, Walmart Inc, Terra Fondriest, Bloomberg, Getty, Target, Southern New Hampshire University, University of Arizona, University of Denver, Google, IBM, Tesla, GM, Accenture, University of Virginia, College, Marines, LinkedIn, Harvard Business School Locations: Bentonville , Arkansas, workforces, U.S, Minnesota

The American people must understand just how shocking and gruesome Hamas’ actions were, Biden told his aides. I think we can change the Middle East,” Biden told a group of Jewish American leaders on Wednesday. “If tomorrow Hezbollah started launching missiles into Israel, that would be seen as a real escalation,” according to a person close to the situation. In his private conversations with Netanyahu, Biden has not urged the Israeli leader to practice restraint in its counterattack against Hamas. “He has always approached Israel with moral clarity and full commitment,” a senior adviser to the president told CNN.

Persons: Joe Biden, Biden, ” Biden, “, Benjamin Netanyahu, John Kirby, it’s, ”, Netanyahu, –, Biden’s, CNN’s Matthew Chance, I’m, Jake Sullivan, Netanyahu’s, ” Sullivan, Netanyahu “, Alexandria Ocasio, ” Ocasio, Cortez Organizations: CNN, White, Jewish, Israel, National Security Council, Senate Foreign Relations, Defense Department, Biden, Democratic Party, New, New York Democrat Locations: Israel, Europe, Tehran, Gaza, United States, Ukraine, Iran, Afghanistan, “, Alexandria, Cortez, New York

☆ Putin's plan to wear down support for Ukraine in a war of attrition seems to be working, though it's not risk-free
▼ + stars: | 2023-10-06 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Putin is seeking to wear down Western support for Ukraine with a war of attrition. AdvertisementAdvertisementAt the Valdai Club conference Thursday, Russian President Vladimir Putin gloated over the potential impact of Western support for Ukraine ebbing. Meanwhile, Ukraine's economy is struggling under the weight of the conflict and it is heavily dependent on Western aid. Wagner fighters deployed in Rostov-on-Don REUTERS/StringerPutin faces threats of his ownBut there are also risks for Putin in an attrition strategy. AdvertisementAdvertisementA notable series of successes could lead to a new wave of public support for Ukraine, and damage Putin's internal credibility.

Persons: Putin, —, Vladimir Putin gloated, Kevin McCarthy, Joe Biden's, George Beebe, Beebe, Wagner, Don, Stringer Putin, –, Lawrence Freedman, Yevgeny Prigozhin Organizations: Ukraine, Putin, Service, Valdai, Republicans, Don REUTERS, King's College London, New Statesman Locations: Ukraine, Slovakia, Germany, Russia, Kyiv, Europe, Rostov, Russian, —, Moscow, Lviv

☆ Special counsel notes Trump’s gun store visit and Milley remarks in push for gag order
▼ + stars: | 2023-09-29 | by ( Katelyn Polantz | ) edition.cnn.com time to read: +5 min

Prosecutors raise Trump’s recent attacks on MilleyIn the filing, prosecutors say Trump continues to make remarks that could hurt the integrity of his trial, including in how he has recently attacked Milley. The judge is set to consider the prosecutors’ request for a limited gag order at a hearing October 16. They are asking for Chutkan to limit Trump’s ability to speak about witnesses and others involved in the case against him. The prosecutors also said a limited gag order, as they propose, wouldn’t be a “contempt trap” as Trump’s team has said. Instead, it would be an even more limited speech restriction than others granted previously in high-profile, politically charged cases in DC’s federal court, the prosecutors argued.

Persons: Donald Trump, Trump, hadn’t, Mark Milley, Milley, Trump’s, Tanya Chutkan, ”, Bill Barr, Mike Pence, “, premised, —, Donald J, wouldn’t Organizations: CNN, Federal, Trump, Prosecutors, Milley, NBC, Press, Georgia, ‘ Locations: South Carolina, Washington ,, Washington, DC

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