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☆ Why you don't really want Big TV to bring back 'the bundle' for your streaming services like Hulu, Max, and Netflix
▼ + stars: | 2024-05-15 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

— pine for the good ol' days of the TV bundle. Like cable TV." The old-timey bundle was also a prerequisite for some things you might want, like HBO or Showtime. And now, let's talk about the new-fangled bundle, which isn't the bundle you're thinking of. They're going to find ways to cut costs wherever they can, and that most certainly includes programming.

Persons: I'm, Discovery, Max, Rupert Murdoch's, They're, Brian Roberts Organizations: Service, Business, Big Media, Disney, Warner Bros, Comcast, Netflix, Apple, Big TV, ESPN, TCM, Fox News, HBO, Showtime, Warner, Discovery Locations: Hulu

☆ What Forecasters Say About Interest Rates (and Why They Disagree)
▼ + stars: | 2024-05-14 | by ( Talmon Joseph Smith | ) www.nytimes.com time to read: +1 min

How soon is soon? As the year started, there was a widespread view among economists and on Wall Street that the Federal Reserve would lower interest rates in the first half of the year. It was called “the pivot party,” and everyone was invited. And it seems the pivot party has been canceled. But some experts argue that it has only been postponed, leaving forecasters divided about what the rest of the year will bring.

Organizations: Federal Reserve, Fed, Financial

☆ Russia to Hold Drills on Tactical Nuclear Weapons in New Tensions With West
▼ + stars: | 2024-05-06 | by ( Anton Troianovski | ) www.nytimes.com time to read: +1 min

Russia said on Monday that it would hold military exercises with troops based near Ukraine to practice for the possible use of battlefield nuclear weapons, ratcheting up tensions with the West after two European leaders raised the prospect of more direct Western intervention in the war. Such weapons, often referred to as “tactical,” are designed for battlefield use and have smaller warheads than the “strategic” nuclear weapons meant to target cities. Russia’s Defense Ministry said that President Vladimir V. Putin had ordered an exercise for missile, aviation and naval personnel to “increase the readiness of nonstrategic nuclear forces to carry out combat missions.”Russian officials claimed the order was in response to comments from the West about the possibility of more direct Western involvement in the war in Ukraine. And it came at the start of a week of extensive publicity for the Russian leader, with his inauguration scheduled for Tuesday, followed on Thursday by the annual Victory Day celebration, which commemorates the Soviet defeat of Nazi Germany in 1945. The announcement of the exercise was Russia’s most explicit warning in its more than two-year invasion of Ukraine that it could use tactical nuclear weapons there.

Persons: Vladimir V, Putin Organizations: Russia’s Defense Ministry Locations: Russia, Ukraine, Nazi Germany

☆ Dubai reveals massive plans for the world’s busiest airport
▼ + stars: | 2024-04-30 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

A mammoth airport in Saudi Arabia has already set records for size, but new plans in Dubai are ratcheting up the race to be the world’s busiest airport by passenger volume. Saudi Arabia’s King Fahd International Airport currently wears the crown as the largest airport in the world by area. “It will be five times the size of the current Dubai International Airport, and all operations at Dubai International Airport will be transferred to it in the coming years,” Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, said Sunday when outlining Dubai Aviation Engineering Projects’ strategic plan. The other, Dubai International Airport, was just ranked the No. Dubai AirportsAt present, Dubai World Central’s primary role is as a center for aircraft maintenance, repair and overhaul – “MRO” in industry parlance.

Persons: Saudi Arabia’s King, Atlanta’s, Jackson’s, It’s, Al Maktoum, Markus Mainka, That’s, ” Sheikh Mohammed bin Rashid Al Maktoum, ”, Sheikh Mohammed bin Rashid Al Maktoum, X, Paul Griffiths, Abu Dhabi’s, Foster Organizations: CNN, Saudi, Saudi Arabia’s King Fahd International, King Fahd, Atlanta’s Hartsfield, Jackson, Al, Al Maktoum International, Dubai International Airport, Dubai International, Dubai Aviation Engineering, Emirates Cargo, UAE, Emirates, Dubai Airports, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air Locations: Gulf States, Saudi Arabia, Dubai, Bahrain, Hartsfield, Al Maktoum, Saudi, Qatar, Muscat , Oman, Gulf, Kuwait, British, Dubai’s, Sharjah

☆ A low-cost way to protect against further market declines and position for an eventual comeback
▼ + stars: | 2024-04-19 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

I want to protect further downside in the broader U.S. equity market despite the fact that S & P 500 has had an acute drop of more than 5% off its recent 2024 highs. I do believe that we are still in a bull market, but the headwinds are strong in the current market conditions. .SPX YTD mountain S & P 500 YTD Lastly, markets are contending with corporate earnings season. Per my friends at Factset, the S & P 500's valuation on a forward 12-month P/E ratio is 20.6. DISCLOSURES: (Long this spread) THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .

Persons: Raphael Bostic Organizations: Treasury, Federal Reserve, Federal Reserve Bank of Atlanta, Big Tech, Trust Locations: Israel, Iran, Factset

☆ Why was Iran struck by drones?
▼ + stars: | 2024-04-19 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

Israel carried out the strike inside Iran Friday morning, a US official told CNN. There were no reports of a missile attack, Iran’s National Cyberspace Center spokesperson Hossein Dalirian said on social platform X. The US “didn’t green light” an Israeli response, another senior US official told CNN. Video Ad Feedback Iranian journalist on how Iranian media reported the Israeli attack 02:19 - Source: CNNWhy is this happening now? Israel last week pledged, however, that it would “exact a price” from Iran in response to that aerial barrage.

Persons: Hossein Dalirian, ”, Hossein Amir, Abdollahian, “, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Israel, Beshara, ’, Yemen’s, Joe Biden, What’s, Benjamin Netanyahu, Amir, ” Amir, Maha Yahya Organizations: CNN, National Cyberspace Center, United Nations, Islamic, Palestinian, Hamas, Israel, Iranian, Revolutionary Guards, Pentagon, Getty, Wednesday, Carnegie Middle East Locations: Iran, Israel, Tehran, Isfahan, Iranian, Syria, Islamic Republic, United States, Gaza, Israeli, Damascus, Quds, AFP, Red Sea, Tabriz

☆ Top EU official warns on 'weaponization of trade' as tensions ramp up between the U.S. and China
▼ + stars: | 2024-04-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Valdis Dombrovskis, Vice-President of the European Commission for the Euro & Social Dialogue, photographed at the Renaissance Harbour View Hotel in Wan Chai. 02DEC17 SCMP/ Xiaomei Chen (Photo by Chen Xiaomei/South China Morning Post via Getty Images)The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China. EU trade commissioner Valdis Dombrovskis told CNBC that he did not believe trade "protectionism" was the answer to heightened geopolitical tensions, but insisted that the bloc was willing to defend itself in the new trade environment. "The geopolitical landscape is changing, it's getting more fragmented, it's getting more conflictual, we see the weaponization of trade. So we need to equip ourselves also as the European Union to function in this more conflictual world," Dombrovskis told CNBC's Karen Tso.

Persons: Valdis Dombrovskis, 02DEC17, Xiaomei Chen, Chen Xiaomei, Dombrovskis, Karen Tso, Mario Draghi, Joe Biden, Katherine Tai Organizations: European Commission, South China Morning, Getty, U.S, CNBC, European Union, European Central Bank, U.S . Trade Locations: Wan Chai, South, China, EU, Pennsylvania, U.S

☆ Oil prices head back up on Middle East jitters
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: +2 min

A view of an oil well at Arab Desert in Jebel Dukhan, Bahrain on March 4, 2024. Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy in Syria, which could risk disruptions to supply from the oil producing region. Israel is keeping up its war in Gaza but is also preparing for scenarios in other areas, Prime Minister Benjamin Netanyahu said on Thursday. "The European Central Bank's decision to leave policy rates unchanged ... was expected, but accompanying statements open the door for near-term monetary easing," S&P Global Market Intelligence said in a note. However in the U.S., Federal Reserve officials signalled on Thursday no rush to cut interest rates, as sticky U.S. inflation remains a concern.

Persons: Ayatollah Ali Khamenei, Benjamin Netanyahu Organizations: Brent, U.S, West Texas, Israel, Washington, ANZ Research, Organization of, Petroleum, P Global Market Intelligence, Federal Locations: Jebel Dukhan, Bahrain, Iran, Syria, Damascus, Gaza, Israel, Tehran, Europe, U.S

☆ Biden warns on Beijing's South China Sea moves in Philippines-Japan summit
▼ + stars: | 2024-04-12 | by ( ) www.cnbc.com time to read: +2 min

Leaders from the three nations are meeting in a first-ever trilateral summit in a show of solidarity as China's assertiveness in the South China Sea has raised tensions in the region. Topping the meeting's agenda is China's increasing pressure in the South China Sea, which has escalated despite a personal appeal by Biden to Chinese President Xi Jinping last year. China claims almost the entire South China Sea, including the maritime economic zones of neighboring nations. Japan has a dispute with China over islands in the East China Sea. Chinese foreign ministry spokesperson Mao Ning said "China's activities in the East China Sea and South China Sea fully comply with international law" and that they were prepared to resolve issues through "dialogue and consultation" but criticized both the U.S. and Japan for ratcheting up tensions.

Persons: Joe Biden, Fumio Kishida, Ferdinand Marcos, Andrew Harnik, Beijing's, Joe Biden's, Ferdinand Marcos Jr, Biden, Xi Jinping, Thomas Shoal, Marcos, Thomas, Mao Ning Organizations: Japanese, White, Washington , DC, South China, Getty, East China, U.S Locations: Washington ,, South, China, U.S, Japan, Philippines, Manila, . U.S, American, Washington, South China, States, East

☆ Netanyahu shows no signs of losing grip on power, despite mounting pressures
▼ + stars: | 2024-04-05 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +6 min

And yet, Netanyahu’s grip on power doesn’t appear to be in any imminent danger of slipping away. Never betray your natural allies, the other parties in the right wing.”That concept has never been truer for Netanyahu than in this current governing coalition, the most right-wing in Israel’s history. But Israeli political analysts now estimate it will likely be months before the issue comes to a head and presents any real threat to his government. But a Gantz departure from the government could shatter the image of wartime unity that has already begun to fray. “The more you squeeze Netanyahu, the more firm Netanyahu… shows that he is strong.”

Persons: Benjamin Netanyahu’s, Joe Biden, “, –, ”, Aviv, Netanyahu, ” Netanyahu, Bibi, ” Bushinsky, truer, Benny Gantz, Netanyahu’s, ” Gantz, Gantz, Netanyahu … Organizations: Jerusalem CNN, Israeli, –, Former, Biden White House Locations: Jerusalem, Gaza, Israel, ’, Tel Aviv

☆ The world is scarred from China shock 1.0. They're not about to let 2.0 happen so easily.
▼ + stars: | 2024-04-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +8 min

This could create a "China shock 2.0" that impacts other economies around the world. AdvertisementThis is just one of the industries the world is bracing for in the next phase of the "China shock." What happened in China shock 1.0? How Beijing could be creating China shock 2.0Now, China is targeting three new strategic industries that the rest of the world is also eyeing. What are the US and the rest of the world doing about China shock 2.0?

Persons: —, Xi, David H, Autor, David Dorn, Gordon H, Hanson, Rajiv Biswas, who's, Biswas, keener, Janet Yellen, Yellen, it's, Wang Wenbin, Wang, Nomura Organizations: Service, Beijing, OECD, European Union, Department of Energy, Treasury, European Commission, EU, Act, Wall Street, Bloomberg Locations: China, EU, Beijing, Communist China, Georgia, Southeast Asia, Africa, Latin America

☆ Oncologist: Kate’s diagnosis is part of a troubling trend
▼ + stars: | 2024-03-27 | by ( Jalal Baig | ) edition.cnn.com time to read: +7 min

As a medical oncologist, I am heartbroken — but hardly surprised. In fact, it is part of a rising global trend in which newly diagnosed cancer patients are getting younger. The global incidence of early-onset cancer increased by 79.1% and early-onset cancer deaths rose by 27.7% from 1990 to 2019, a 2023 study in the journal BMJ Oncology found. And because early-onset cancers are often diagnosed at advanced stages, they were once thought to be biologically different and more pernicious than their older counterparts. Younger patients may be pregnant at the start of therapy or worry about the effects on fertility.

Persons: Jalal Baig, Catherine , Princess of Wales, Kimmie Ng, “, haven’t, oncologist Jalal Baig, Suneel Kamath, ” Kamath Organizations: Washington Post, NBC News, Foreign, CNN, BMJ Oncology, American Medical Association, Dana, Farber Cancer Institute, Boston Globe, Cleveland Clinic Taussig Cancer Institute, for Young, Cleveland Clinic, US Preventive Services Task Force Locations: Chicago, Washington, United States, Wales

Mizuho initiated Home Depot with a buy rating, calling for roughly 10% upside. The bank upgraded shares of the industrial equipment manufacturer to a buy rating. Analyst Manav Gupta also lifted his price target to $170 from his prior target of $152. Analyst Gavin Parsons reiterated his buy rating on the stock and price target of $275. The bank initiated coverage of the home improvement stock at a buy rating, setting a price target of $415.

Persons: Mizuho, Manav Gupta, Howden, Gupta, GTLS, — Lisa Kailai Han, Gavin Parsons, Parsons, Fred Imbert, David Bellinger, Bellinger, Wells Fargo, Aaron Rakers, Goldman Sachs, Toshiya Hari, Bernstein's Stacy Rasgon, Taylor Swift, Jensen, Huang Organizations: CNBC, UBS, Boeing, Nvidia, Industries, YE2026E, Department of Energy, Alaska Airlines, Mizuho, SAP Center, Blackwell, ~$ Locations: Howden, GTLS, Mizuho, San Jose

☆ Netanyahu’s response to Schumer widens rift in US-Israeli relations
▼ + stars: | 2024-03-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

But the gulf in trust and goals between Israel and Hamas has thwarted hopes for a breakthrough for weeks. He’s opposing the people of Israel,” Netanyahu said. Despite a fearsome onslaught in Gaza, Hamas is far from defeated. Latest developments also raise the question of whether Schumer’s stinging criticism augurs a shift to more pressure on Netanyahu from Biden. We support Israel.

Persons: Benjamin Netanyahu, CNN’s Dana Bash, Chuck Schumer –, –, Netanyahu, “, we’re, ” Netanyahu, ”, It’s, Sen, Schumer, he’s, castigate Schumer, snubbing, Joe Biden’s, Biden, Schumer’s, John Kirby, Netanyahu don’t, Kirby, they’ve, Ghazi Hamad, Al, Israel, …, Barack Obama, Donald Trump –, it’s, Republican Sen, Mike Rounds, Michael McCaul, acquiescing, Nancy Pelosi –, Israel –, “ Chuck Schumer’s, ” Pelosi Organizations: CNN, Israeli, Hamas, Union, Democratic, White, National Security Communications, ABC, Republican Party, GOP, Netanyahu’s Likud, Republican, Office, White House, Foreign, Fox, Texas Republican, Democratic Party ”, Israel, Former, California Democrat, World Health, Palestinian Authority Locations: Gaza, Washington, Israel, “ State, Tel Aviv, Jerusalem, Hamas, York, Rafah, ”, Arabiya, United States, Iran, Dakota, Texas, California

Russia is ratcheting up its internet censorship ahead of elections this weekend that are all but assured to give President Vladimir V. Putin another six years in power, further shrinking one of the last remaining spaces for political activism, independent information and free speech. The Russian authorities have intensified a crackdown against digital tools used to get around internet blocks, throttled access to WhatsApp and other communications apps in specific areas during protests, and expanded a program to cut off websites and online services, according to civil society groups, researchers and companies that have been affected. Russia, they said, is turning to techniques that go beyond its established practices of hacking and digital surveillance, taking a more systemic approach to change the way its domestic internet functions. In doing so, the country is using methods pioneered by China and Iran, forming an authoritarian model for regulating the internet that contrasts with the more open approach of the United States. Russia “has reached a new level of blocking in the last six months,” said Mikhail Klimarev, a Russian telecommunications expert and executive director of the Internet Protection Society, a civil society group.

Persons: Vladimir V, Putin, Russia “, ”, Mikhail Klimarev Organizations: Internet Protection Society Locations: Russia, China, Iran, United States, Russian

☆ Tensions over Israel-Hamas war loom over Irish Taoiseach’s usually jovial annual visit to White House
▼ + stars: | 2024-03-15 | by ( Kevin Liptak | ) edition.cnn.com time to read: +8 min

There will still be shamrocks this year, but Israel’s war in Gaza is lending a darker backdrop to the occasion. While he rebuffed calls by some Irish politicians to boycott the annual White House stop, he has made plain the Gaza war lends fresh urgency to this year’s talks. “I’ll use that opportunity to put across Ireland’s perspective on this and tell them how Irish people feel. Last year, Varadkar declared Biden “unmistakably a son of Ireland” and announced the president’s forthcoming visit to the island. Barry’s opposition to Biden’s foreign policy predated the war in Gaza; he boycotted Biden’s address to the Dáil in April.

Persons: Patrick’s, Joe Biden, —, Leo Varadkar, Biden, “, ”, Varadkar, “ I’m, Ireland ”, Israel ”, Jane Ohlmeyer, Arthur Balfour, Mick Barry, Biden’s, Michelle O’Neill, O’Neill, Sinn Fein, Carter, Clinton Organizations: Washington CNN, shamrocks, Irish, RTE, White, Muredach’s, Hamas, Trinity College Dublin, Socialist Party, Capitol, Northern, St, ”, Irish Republican Army, Biden Locations: United States, Ireland, Gaza, Boston, St, Ballina ., Israel, Dublin, Palestine, British, Ireland’s, Northern Ireland, Northern

Here’s a look at the world's first comprehensive set of AI rules:HOW DOES THE AI ACT WORK? The law’s early drafts focused on AI systems carrying out narrowly limited tasks, like scanning resumes and job applications. The astonishing rise of general purpose AI models, exemplified by OpenAI’s ChatGPT, sent EU policymakers scrambling to keep up. Rules for general purpose AI systems like chatbots will start applying a year after the law takes effect. Meanwhile, Brussels will create an AI Office tasked with enforcing and supervising the law for general purpose AI systems.

Persons: Dragos Tudorache, Sam Altman, OpenAI’s ChatGPT, it’s, ”, Joe Biden, that’s, Xi Jinping, they've Organizations: —, Union, Lawmakers, Artificial Intelligence, Big, ACT, EU, Google, Companies, Global AI, Initiative, United Nations, Group Locations: Romanian, Europe, Brussels, U.S, China, Brazil, Japan

☆ Food prices hold steady, but Americans have a beef with the cost of a burger
▼ + stars: | 2024-03-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

For burger proprietors — including smaller, mom-and-pop shops — and burger lovers alike, the price environment may not get any easier. Nearly eight decades later, the Owl Burger remains a draw, but it’s become noticeably more expensive since Covid. “Maybe 45 cents each year,” Argabright told CNN in an interview, adding that the Owl Burger sits at $7.95 now. “When you’re ordering pounds and pounds and pounds of it, it adds up pretty quick.”Beth Steele, founder of Beth's Burger Bar, in Edgewood, Florida. Where’s the beef price headedLike most aspects of inflation, there are several contributing factors behind higher burger prices.

Persons: that’s, ”, Tyler Schipper, Thomas, “ We’re, Wendy’s, Fries, Burger, Frank Chavez, it’s, Janice Argabright, ” Argabright, Beth Steele, Steele, “, hasn’t, we’re, Schipper, “ Don’t, ” Schipper Organizations: CNN, University of St, Trinity, Beth’s, Beth's, American Farm Bureau Federation Locations: Minnesota, San Antonio , New Mexico, Orlando, Beth’s Burger, Beth's Burger, Edgewood , Florida, Texas

☆ Takeaways from Biden and Trump’s dueling visits to the border
▼ + stars: | 2024-02-29 | by ( Michael Williams | ) edition.cnn.com time to read: +8 min

Washington CNN —President Joe Biden and his political opponent Donald Trump both agree: The situation along the US-Mexico border needs to change. “Join me – or I’ll join you – in telling Congress to pass this bipartisan border security bill,” Biden said, addressing Trump directly. “The United States is being overrun by the Biden migrant crime,” Trump said in Eagle Pass, adding that Biden has “the blood of countless innocent victims” on his hands. “We work for the American people.”Addressing Trump, Biden said: “So instead of playing politics with the issue, why don’t we just get together and get it done?”It’s an unlikely prospect. Biden previously signaled openness to Republican-favored concessions in order to get the border bill passed.

Persons: Joe Biden, Donald Trump, Biden, Trump, ” Biden, ” Trump, ”, Biden’s, ‘, ’ ” Biden, “, Let’s, doesn’t, Greg Abbott, Laken Hope Riley, “ barbarically, –, ” Riley, terrifically, Crooked Joe Biden, Jose Antonio Ibarra, Ibarra –, Riley, “ They’re, ratcheting, Trump’s, Abbott, ” Abbott, Priscilla Alvarez, Daniel Dale, MJ Lee Organizations: Washington CNN, Trump, Republicans, Biden, CNN, Russia, Texas Gov, Investigators, Research, Republican, Abbott, Democratic Locations: Mexico, Texas, Brownsville, entreating, Eagle, Georgia, United States, America, Ukraine, Gaza, . Texas, Austin

☆ Dartmouth, Northwestern, Rice and Vanderbilt settle financial aid lawsuit
▼ + stars: | 2024-02-24 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

New York CNN —Four more private universities have agreed to settle a lawsuit which alleged they violated antitrust laws in determining financial aid amounts for admitted students, according to court documents filed Friday. Dartmouth College, and Rice, Vanderbilt and Northwestern universities agreed to pay a total of $166 million to settle claims filed in a 2022 class action lawsuit alleging the schools colluded on the amount of financial aid awarded to students, while favoring applicants from wealthier families. In 2022, the University of Chicago agreed to settle for $13.5 million. “Nearly 15% of this year’s first-year class is attending Dartmouth without responsibility for paying tuition, housing, meals and many other fees, and more than half of the class receives some form of financial aid. Meanwhile, Dartmouth, Rice, Vanderbilt and Northwestern’s settlements range from $33.75 million to $55 million each.

Persons: Brown, Emory, ”, “, Robert Gilbert Organizations: New, New York CNN, Dartmouth College, Vanderbilt, Yale, University of Chicago, CNN, University, Dartmouth, ” Rice University Locations: New York, Rice, Northwestern, Columbia, Duke, Dartmouth

☆ Space nukes are raising tensions between Moscow and Washington. Here’s what you need to know
▼ + stars: | 2024-02-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies. Space-based anti-satellite nuclear weapons — or so-called space nukes — are a type of weapon designed to damage or destroy satellite systems. "It's an indiscriminate weapon," Bingen said. The deployment of a space-based nuclear weapon would mark a major advancement of Russia's military capabilities and a serious escalation of geopolitical tensions. Kari Bingen director of the aerospace security project and senior fellow in the international security program at the Centre for Strategic International Studies.

Persons: Vladimir Putin, Alexander Ryumin, Mike Turner, Joe Biden, It's, Kari Bingen, Bingen, Juan Barreto, Putin, CNBC's Silvia Amaro Organizations: Sputnik, Chelyabinsk, Afp, Getty, U.S, White, CNBC, . House Intelligence, Bloomberg, Centre, Strategic International Studies, Analysts, Strategic International, United Nations Office, Outer Space Affairs, Elon Musk, Reuters, U.S ., Space Foundation, The, NATO, General, Saturday, Munich Security Conference Locations: Russian, Chelyabinsk Region, Chelyabinsk, Washington, Moscow, Russia, Ukraine, China, Bogota, U.S, The U.S

☆ Five moves Walmart is making to overhaul its business for the future
▼ + stars: | 2024-02-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

New York CNN —Walmart, the global mega-retailer that began in Arkansas in 1962, is making huge moves in 2024. It’s making investments in technology and inventory that move it into new businesses and which will alter the Walmart experience of many customers. Stock splitThe mega-retailer announced a 3-for-1 stock split that takes effect this week. A stock split means a single share gets split into multiple shares. Under the plan Walmart announced, people who own shares by close of business on February 22 will get two additional new shares of Walmart for every share they own.

Persons: Doug McMillon, Jeffries, “, ”, McMillon, Burt Flickinger, Blake Droesch, CNN’s Parija Kavilanz, Nathaniel Meyersohn, Elisabeth Buchwald, Alicia Wallace Organizations: New, New York CNN, Walmart, ”, Labor, Consumer, Microsoft, Strategic Resource, CNN, Costco, Telsey Group, Target, Intelligence, FactSet Locations: New York, Arkansas, Las Vegas

☆ Speaker Mike Johnson faces critical decision on Ukraine aid as international pressure grows to act
▼ + stars: | 2024-02-19 | by ( Melanie Zanona | Annie Grayer | ) edition.cnn.com time to read: +10 min

CNN —Speaker Mike Johnson is facing international criticism over his lack of swift action on Ukraine aid, which is ratcheting up pressure to make a critical decision that will not only have massive implications for his rookie speakership but also for Ukraine’s ongoing war effort against Russia. “If there is a Mike Johnson plan, there aren’t any House Republicans that are aware of its existence.”The pressure cooker Johnson is facing has exposed some frustration over how he has approached his speakership. At a time when House Republicans are looking to their leader to make a decisive choice, the speaker has instead elevated members to bring forward their own ideas without articulating his own preferences. “Ukraine is in desperate need of the US aid, passed by an overwhelming bipartisan vote on the floor of the United States Senate. “We’re looking at a number of options on our leadership team.”Meanwhile, President Joe Biden has repeatedly hammered Johnson over his inaction.

Persons: Mike Johnson, Johnson, –, Alexei Navalny, Kevin McCarthy, Donald Trump, Sen, J.D, Vance, Johnson —, Warren Davidson, ” Davidson, Virginia Sen, Mark Warner, ”, Ben Cardin, “, ” Cardin, It’s, Brian Fitzpatrick, someone’s, Mitch McConnell, Vladimir Putin, ” Johnson, Steve Scalise, Trump, ” Scalise, Joe Biden, ” Biden, NATO … I’ve, Biden, Chuck Schumer, Putin “, Vladimir Putin’s, ” Schumer, it’s, There’s, Mike Turner, ” CNN’s Alex Marquardt Organizations: CNN, Russia, Democratic, Congress, Global, Security, Republicans, Republican, NATO, GOP, Caucus, languishes, Senate Intelligence, United, United States Senate, Senate, NATO …, New, New York Democrat, House Intelligence, Ohio Republican, Press, Ukraine Locations: Ukraine, Russian, Warren Davidson of Ohio, “, Munich, United States, Russia, Pennsylvania, Baltic, Florida, New York, Washington

☆ Kim Jong Un has broken with decades of North Korean policy – does it mean he’s planning for war?
▼ + stars: | 2024-02-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +14 min

The two sides have been cut off from each other since 1953, when an armistice ended the Korean War, and remain technically at war. Yoon and Biden have sharpened their countries’ deterrence plans and coordination in the face of North Korea’s threats and weapons development. If anything, some analysts believe, North Korea’s public statements signal that North Korea is abandoning its reunification policy in pursuit of peace on the peninsula. Vladimir Smirnov/AFP/Getty ImagesAn ‘emboldened’ KimThe North Korean leader may also feel more confident about his arsenal and his options as he watches a shifting global landscape. “Kim Jong Un is wary of a full-scale provocation by the South Korean military disguised as a military exercise and has vowed to occupy South Korean territory without hesitation,” said Lim in Changwon.

Persons: Kim Jong, South Korea –, ” Kim, ”, Kim, ’, Robert Carlin, Siegfred Heckler, Chul Lim, “, Joe Biden, Donald Trump, Edward Howell, Yoon Suk Yeol, Ayse, ” He’s, Yoon, Biden, Seoul . Kim, Trump, Lim, “ That’s, Kim Jong Un, Vladimir Putin, Vladimir Smirnov, ’ Kim, “ Kim Jong, …, Rachel Minyoung Lee, Howell, “ Kim Jong Un, Lee, Japan – Organizations: CNN, South, Korean Central News Agency, Reuters, North Korea Research Center, University’s Institute, Far Eastern, University of Oxford, Japan, Ewha Womans University, US, North, Russia's Vostochny, Getty, Stimson, –, White, United Nations Security Council, West, South Korean Defense Ministry, ”, Trump, North Korean Locations: Ukraine, Gaza, North Korea, South Korea, Korea, Republic of Korea, Kim, Washington, Seoul, Tokyo, United States, Korea’s, Changwon, Pyongyang, Russia, United Kingdom, Japan, Guam, Gon, Seoul ., Russian, Russia's, China, Iran, denuclearization, Western, North, Moscow, Beijing, Oxford, Jeju, South, “

☆ Remote Employees Are More Likely to Get Laid Off; WFH Is Risky
▼ + stars: | 2024-02-15 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

Executives at the online furniture retailer Wayfair told its staff in January that remote workers were likelier to be hit in its latest round of job cuts. Add in long-term trends, like the decline in loyalty between employers and employees , and it's no wonder remote workers feel anxious about cuts. “It’s not too surprising,” Peter Cappelli, a management professor at the Wharton School who has never been a big fan of remote work, said. “That is something remote workers should be thinking about as they’re engaging with supervisors,” she said. Remote workers aren’t doomed to the unemployment line, but they may want to try a little extra to get noticed.

Persons: Wayfair, ”, Dell, Goldman Sachs, “ It’s, ” Peter Cappelli, “, Nick Bloom, ” Bloom, Emily Dickens, ” Prithwiraj Choudhury, ” Joseph Fuller, pang, Emily Stewart Organizations: IBM, Reuters, Google, Wharton School, Stanford, Society for Human Resource Management, Harvard Business School, Employers, Workers, “ Workers, Staff, Business

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