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☆ Biden wants to triple China tariffs on steel, aluminum imports
▼ + stars: | 2024-04-17 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

President Joe Biden is calling on the U.S. Trade Representative to triple the China tariff rate on steel and aluminum imports as he makes the rounds in the key battleground state of Pennsylvania. Biden's demand to raise the current 7.5% average tariff on steel and aluminum is an effort to make clear that his administration's recent warnings about China's trade practices are not empty threats. In an interview with CNBC's Sara Eisen, Yellen said that tariffs were not off the table if those overcapacity qualms went unaddressed. As China shrugs off the overcapacity concerns, the Biden administration is doubling down on what it perceives as the threat to global trade. "China's policy-driven overcapacity poses a serious risk to the future of the American steel and aluminum industry," National Economic Council Director Lael Brainard said on a call with reporters on Tuesday.

Persons: Joe Biden, Xi Jinping, Janet Yellen, CNBC's Sara Eisen, Yellen, China shrugs, Biden, Lael Brainard Organizations: Economic Cooperation, U.S . Trade, United Steelworkers, Economic Locations: Asia, San Francisco, China, Pennsylvania, Pittsburgh

☆ Will Country Welcome Beyoncé? That’s the Wrong Question.
▼ + stars: | 2024-03-26 | by ( Jon Caramanica | ) www.nytimes.com time to read: +1 min

With the release of “Cowboy Carter,” Beyoncé’s eighth solo album and the one that finds her exploring — and testing — the boundaries of country music, much of the early conversation has centered on whether the country music industry would rally around her. Rather than being feted with a welcome party, Beyoncé has been met largely with shrugs. Beyoncé is Black, and a woman, two groups that contemporary Nashville has consistently marginalized and shortchanged. Contemporary mainstream country music often feels like a closed loop of white male storytelling. Which is why whether or not Beyoncé and Nashville can find common cause is, in every way, a red herring.

Persons: Cowboy Carter, ”, hurrahs, Beyoncé Locations: Texas, Nashville

☆ 10 things to watch in the stock market Thursday, including inflation, Nvidia, Broadcom, Microsoft
▼ + stars: | 2024-03-14 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Morgan Stanley analysts say, "Within internet coverage group, the survey results were most bullish for OW (overweight) META . Evercore ISI raises its Netflix price target to $640 per share from $600, reiterating its buy-equivalent rating. The analysts say the turnaround at IBM continues, citing "a defensive portfolio, attractive dividend yield, and underappreciated AI capabilities." Goldman Sachs research analysts upgrade shares of Citigroup to buy from neutral with a $68-per-share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Steven Mnuchin, ByteDance, Mnuchin, Morgan Stanley, Bernstein, Mizuho, Arvind Krishna, Goldman Sachs, Wells, Dick's, Jim Cramer's, Jim Cramer, Jim Organizations: PPI, CPI, CNBC, U.S, Community Bancorp, Facebook, Nvidia, Broadcom, Citi, Micron, Microsoft, Security, Disney, Amazon, Bank of America, IBM, Citigroup, Dick's, Goods, Jim Cramer's Charitable Locations: New, Japan

☆ Wall Street shrugs off the inflation report — plus, updates from a key health-care stock
▼ + stars: | 2024-03-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

GE Healthcare updates: GE Healthcare CFO Jay Saccaro spoke at Oppenheimer's annual Healthcare MedTech & Services conference. Saccaro expects GE Healthcare to commence stock buybacks at some point, but that's still down the road. GE Healthcare shares fell about 1% Tuesday, but the move doesn't seem tied to the presentation. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jay Saccaro, Saccaro, that's, Jim Cramer's, Jim, Yi Haifei Organizations: CNBC, Oracle, Nvidia, Nasdaq, GE Healthcare, GE, Services, U.S, Jim Cramer's Charitable Trust, Jim Cramer's Charitable, Fair for Trade, China National Convention Center, China News Service, Getty Locations: China, Williams, Sonoma, Beijing

☆ Oil prices fall as market shrugs off China growth pledge, OPEC+ production cuts
▼ + stars: | 2024-03-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. Crude oil futures fell for a second consecutive day Tuesday as China's pledge to boost economic growth and OPEC+ production cuts failed to lift prices. The West Texas Intermediate contract for April dropped 72 cents, or 0.91%, to $78.02 a barrel. May Brent futures shed 57 cents, or 0.69%, to $82.83 a barrel. The Beijing government on Tuesday set an economic growth target of about 5% for 2024 and announced the issuance of $138.9 billion in "ultra-long" special Treasury bonds to fund major projects.

Persons: Brent Organizations: West Texas Intermediate Locations: Mangystau, Kazakhstan, Beijing

☆ Bank CEO shrugs off U.S. war on 'woke' capital, says ESG investing is good for business
▼ + stars: | 2024-02-27 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Bill Winters, Chief Executive Officer at the Standard Chartered Bank, attends a panel session of the World Governments Summit in Dubai on February 12, 2024. Ryan Lim | Afp | Getty ImagesStandard Chartered chief executive Bill Winters says environmentally conscious investing can be good for business, dismissing the impact of a U.S. crusade against mission-driven investments. In the United States, for example, Republican lawmakers have decried ESG as a form "woke capitalism" that seeks to prioritize liberal goals over investment returns. But one of the stats that I love is the biggest renewable power center in the United States is the state of Texas, right? Signage atop the Standard Chartered Plc headquarters building, center, in Hong Kong, China, on Monday, Feb. 19, 2024.

Persons: Bill Winters, Ryan Lim, ESG, Winters, CNBC's, — Organizations: Standard Chartered Bank, World Governments, Afp, Getty, Standard, Democratic, Chartered Plc, Bloomberg Locations: Dubai, U.S, United States, Texas, Hong Kong, China

☆ Trump wants to debate Biden 'immediately' — but president shrugs him off
▼ + stars: | 2024-02-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Donald Trump, left, and President Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee, on Oct. 22, 2020. Donald Trump on Monday said he wants to debate President Joe Biden "immediately" — but the Democratic incumbent quickly brushed off that idea. "I'd like to debate him now because we should debate," said the former president, who is the front-runner for the Republican Party's presidential nomination. Trump has skipped every Republican primary debate. Biden has likewise not participated in any debates with the handful of long-shot Democratic contenders challenging him for the party's nomination.

Persons: Donald Trump, Joe Biden, Trump, Dan Bongino, Biden, I'd, He's, Nikki Haley Organizations: Belmont University, Democratic, Republican, United Locations: Nashville , Tennessee, Las Vegas, United Nations

☆ 'True Detective: Night Country' writer shrugs off criticism from the show's creator Nic Pizzolatto
▼ + stars: | 2024-02-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +2 min

Nic Pizzolatto, the creator of the hit show "True Detective," hit out at the crime drama's fourth season, the first he did not write. "True Detective: Night Country," which stars Jodie Foster and Kali Reis, was written by Mexican filmmaker Issa López. He also called links in the show to earlier "True Detective" seasons "so stupid." Jodie Foster and Kali Reis in "True Detective: Night Country." "So, if you liked last night's [episode] and have a Rotten Tomatoes account, maybe head over there and leave an audience review?"

Persons: Nic Pizzolatto, Jodie Foster, Kali Reis, Issa López, Pizzolatto, López, Woody Harrelson, Matthew McConaughy, James Bridges, Esquire, Michele K Organizations: Rotten, Twitter Locations: Mexican

☆ Opinion | The Roots of Trump Nostalgia
▼ + stars: | 2024-01-19 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

Jonathan Chait has a long lament in New York magazine about the diminishing intensity of anti-Trump politics in America. Even as the former president shoulders his way toward the Republican nomination and leads President Biden in many polls, Chait frets that “the imperative to keep Trump out of the Oval Office has become tiresome.” Indeed, a kind of “exhaustion” with anti-Trumpism, Chait writes, “may be the most dominant attribute of our national mood.”His essay goes on to interpret this exhaustion as more psychological and even spiritual than simply political. The way that so many anti-Trump Republican donors and politicians seemed to essentially give up on the hope of a competitive primary once Trump was indicted and Ron DeSantis didn’t set the world on fire fits this framework. So does the way that the Democratic Party has seemingly sleepwalked into renominating Biden despite his lousy polling numbers and obvious age-related issues. But I also think more than just exhaustion is at work here, and that some of the different groups Chait identifies as insufficiently anti-Trump — left-wingers, establishment Republicans, pocketbook-conscious swing voters — are actually experiencing something that might be more accurately characterized as a kind of Trump nostalgia.

Persons: Jonathan Chait, Biden, Trump, Chait, “, Donald Trump, Ron DeSantis didn’t, renominating Biden Organizations: Trump, Republican, Trump Republican, Democratic Party Locations: New York, America, Biden’s America

☆ Opinion: We’ll finally get some answers from Iowa about Trump
▼ + stars: | 2024-01-14 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

It is a feat former President Donald Trump is trying to duplicate this year. The first true test of Trump’s comeback occurs Monday in Iowa, where caucusgoers will venture into sub-zero temperatures to choose between Trump, Florida Gov. After months of speculation, we’ll finally get some answers to a few questions: Is there an opening for any Republican aside from Trump? Most of our contributors thought Haley won Wednesday’s CNN debate in Iowa against DeSantis, but Trump’s absence from the stage again loomed large. “Haley sounded like someone looking to take on the genuine article — the Republican frontrunner,” wrote W. James Antle III.

Persons: George Washington’s, Grover Cleveland, ”, Troy Senik, Donald Trump, Cleveland, “, —, Republican frontrunner’s, Cleveland didn’t, Benjamin Harrison —, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, we’ll, Will DeSantis, he’s, Haley, Wednesday’s, “ Haley, James Antle III, ’, ” Clay Jones, Chris Christie, Trump, ” Antle, who’s, Facebook Sophia, Nelson, “ Haley isn’t, Todd Graham, she’d, it’s, ” DeSantis, John Avlon, Laurence Tribe, Norman Eisen, Taylor Redd, Florence Pan, John Sauer, ” Bill Bramhall, Frida Ghitis, Ghitis, DeSantis, Julian Zelizer, Dean Obeidallah, Nikki Haley’s Lisa Benson, Peter Bergen, Prince Mohammed Bin Salman, Biden, ” Walt Handelsman, Max, Drew Sheneman, Hassan Shahidi, Shahidi, Oprah, Oprah Winfrey, John Salangsang, Adrienne Bitar, WeightWatchers, couldn’t, Rose Blanchard, Sarah Gundle, Blanchard, Claudine ‘ Dee Dee ’ Blanchard, Gypsy Rose, ” Dee Dee, Gundle, Dee Dee Blanchard, Pope Francis, ” Jill Filipovic, Filipovic, Pope, ” Lloyd Austin’s, Lloyd Austin, Joe Biden, Austin, isn’t, Bill Bramhall, “ Oppenheimer, “ Barbie, “ Barbie ”, Gene Seymour, Oppenheimer, Emma Stone, ” Seymour, Don’t, Michael Bociurkiw, Ukraine Lanhee J, Chen, Noah Berlatsky, Belichick Bill Belichick, Vince Lombardi, Jeff Haynes, Bill Belichick, Will Leitch, Jeff Pearlman, Nick Saban, ” “ Belichick, Saban, ’ Pearlman, Lou Piniella, ‘ Organizations: CNN, University of Michigan, Cleveland, Republican, Trump, Trump , Florida Gov, Wednesday’s CNN, DeSantis, New, New Jersey Gov, Twitter, Facebook, Florida Gov, DC, Agency, Capitol, GOP, US, UK, Alaska Airlines, Boeing, Max, Portland International, Flight, Foundation, Golden Globe, Globes, Catholic, Biden, Warner Bros ., Academy, Hollywood Foreign Press Association, Belichick, New England Patriots, Reliant, Patriots, Carolina Panthers, Getty, Super, Football, NFL, Minor League NFL, University of Alabama, Schlitz, Seattle Mariners Locations: Cleveland, Iowa, Trump , Florida, Trump, New Hampshire, New Jersey, Graham, Houthi, Yemen, Red, “, Saudi Arabia, Saudi, Bergen, Iran, Iraq, Iranian, Oregon, Beverly Hills , California, Ukraine, Houston , Texas, AFP, Swiss

☆ Opinion: Bill Belichick and Nick Saban were the kind of coaches I tell my therapist about
▼ + stars: | 2024-01-12 | by ( Opinion Jeff Pearlman | ) edition.cnn.com time to read: +11 min

Under his leadership, Belichick took an organization that never sniffed a Super Bowl title and made it a regular occurrence. Jeff Haynes/AFP/Getty Images Belichick, right, coaches alongside New York Giants head coach Bill Parcells during a playoff game in 1984. Jim Rogash/Getty Images Belichick watches from the sideline as his team plays the Seattle Seahawks in the 2015 Super Bowl. Tom Pennington/Getty Images Belichick presents President Donald Trump with an official Super Bowl helmet at the White House in 2017. Kevin C. Cox/Getty Images Belichick leaves the field after losing to the Kansas City Chiefs in December 2023.

Persons: Jeff Pearlman, Jim Fregosi, Paul Olkowski, Fregosi, “ Skip, “ John, ”, “, ” Fregosi, Bill Belichick, Nick Saban, Alabama’s, Belichick, Saban, Tom, Randy Moss, Bear Bryant, Vince Lombardi, Jeff Haynes, Bill Parcells, Parcells, Arthur Anderson, Ralph Waclawicz, George Gojkovich, Anthony Pleasant, Wayne Scarberry, Al Pereira, Robert Kraft, Kraft, Al Messerschmidt, Kevin Terrell, Tom Brady, Damian Strohmeyer, Karen Warren, Steve, David J, Phillip, Jay Leno, Paul Drinkwater, videotaping, Roger Goodell, Matthew West, Peyton Manning, Reed, Jim Rogash, Christian Petersen, Brady, Tom Pennington, Donald Trump, Samuel Corum, Kevin C, Cox, Maddie Meyer, Steven Senne, —, Deion Sanders, Dan Campbell, he’s, Mike Ditka, George Allen, Steve Rushin, Doug Rader, Lou Piniella, it’s Organizations: CNN, Sports, Toronto Blue Jays, Sports Illustrated, Super, New England Patriots, Tide, Bama, Super Bowl, Getty, New York Giants, Parcells, ESPN, Cleveland Browns, Denver Broncos, Buffalo Bills, New York Jets, Jets, NFL Hall of Fame, Patriots, St, Louis Rams, Jacksonville Jaguars, Houston Chronicle, Philadelphia Eagles, NBCU, Bank, NFL, MediaNews, Boston Herald, Indianapolis Colts, Reed Saxon, Giants, Belichick, AFC, Seattle Seahawks, White House, Atlanta Falcons, Anadolu Agency, Los Angeles Rams, Kansas City Chiefs, The Patriots, Twitter, University of Colorado, Detroit Lions, Schlitz, Chicago Bears, Washington Redskins, California Angels, Seattle Mariners Locations: Tuscaloosa , Alabama, AFP, Baltimore, Hawaii, Boulder, California, Swiss, ”

☆ Wall Street Shrugs Off Latest OPEC+ Oil Cuts
▼ + stars: | 2023-12-01 | by ( David Uberti | ) www.wsj.com time to read: 1 min

Crude prices seesawed after the OPEC+ announcement. Photo: Andrey Rudakov/Bloomberg NewsMembers of the oil-producers group known as OPEC+ have tried to push crude prices upward with unexpected supply cuts since last year. Wall Street isn’t yet convinced that will pan out. On Thursday, a million barrel-a-day pullback surprised a market that had largely anticipated that the cartel and its allies would hold output steady. Crude prices seesawed after the announcement, suggesting many traders were unsure if it was the surprise they wanted.

Persons: Andrey Rudakov Organizations: Bloomberg Locations: OPEC

☆ Morning Bid: AI buzzes but market shrugs at Nvidia beat
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +5 min

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. Remarkably, Nvidia managed to vault the sky-high bar for quarterly earnings, revenue and projections yet again in its latest update overnight. Bond volatility (.MOVE) has also fallen to two-month lows, while currency market 'vol' (.DBCVIX) is plumbing 20-month lows. CONCERN OVER HOME SALES, HOLIDAY SEASON SALESNews of a drop in U.S. existing home sales last month to a 13-year low was perhaps as important as the Fed minutes - as was warnings from more major U.S. retailers, this time Best Buy and Nordstrom, about sticky holiday season sales and the need for discounting. The dollar (.DXY) was a touch higher on Wednesday, meantime, with most overseas stock markets firmer too.

Persons: Lucas Jackson, Mike Dolan, thrall, OpenAI, Sam Altman, Changpeng Zhao, October's, Jeremy Hunt's, underperformed, Jeremy Hunt, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, U.S, Nvidia, Federal, Nordstrom, University of Michigan, Bank of Canada, Treasury, Deere, Reuters Graphics Reuters, Thomson, Reuters Locations: New York, U.S, Gaza, China, yearend, York, Beijing

He lost in a run-off vote to Weah in 2017. "Boakai strikes me as a grandfather figure – someone you would trust with your life. Official results on Friday showed Boakai had 50.9% of the vote over Weah's 49.1%, with more than 99% of votes counted, prompting Weah's concession. In an interview shortly after the results, a softly-spoken Boakai told Reuters that his primary focus would be to bring the country together after a divisive election. Boakai, meanwhile, lives in a relatively modest bungalow that has barely changed since he moved in 50 years ago.

Persons: George Weah, Joseph Boakai, Amara Konneh, Ellen Johnson Sirleaf, Robtel Neajai, Boakai, Konneh, Unity Party Joseph Boakai, Carielle, Sirleaf's, Weah, Prince Jaygbah, Joe, Edward McAllister, Clelia Organizations: Liberia's, College of West, Reuters, African, Bank, Unity Party, Toyota, Thomson Locations: MONROVIA, DAKAR, College of West Africa, Tuesday's, Monrovia, Africa's, Americas, Liberia, Warsonga, Sierra Leone, Milan, London, Paris

☆ Ruzwana Bashir Is Quietly Connecting the Tech World
▼ + stars: | 2023-11-16 | by ( ) www.businessinsider.com time to read: +18 min

Story by Melia RussellPhotography by Lelanie FosterRuzwana Bashir is ransacking her kitchen cabinet for just the right tea. Bashir wears an Erdem floral-printed bra top, Erdem skirt, Giuseppe Zanotti shoes, Old Jewelry earrings along with her own bracelet and ring. "Part of building a business was going out and sharing what you were doing with the world," Bashir says. For years Bashir's startup had been building muscle around these capabilities; now it had an eager audience. Eating at acclaimed restaurants is fine, but Bashir prefers the more-intimate affairs at tech executives' homes because, she says, "you can stay longer."

Persons: Melia Russell, Lelanie Foster Ruzwana Bashir, Peek, She's, she's, Andy Warhol, Picasso, Bashir, I'm, Andreessen Horowitz, Jack Dorsey, Eric Schmidt, Goldman Sachs, Giuseppe Zanotti, Lelanie Foster, Bashir isn't, Elon Musk, Ronan Farrow, Roelof Botha, Mustafa Suleyman, we've, Bennett Miller, Capote, " Miller, —, doesn't, didn't, Madeleine Albright, Tom Ford, Jared Cohen, Oskar Bruening, Forbes, Mark Zuckerberg, I've, Bashir wasn't, Travis Kalanick, Adam Neumann, Ty, Emily Weiss, Bashir refashioned, Donald Trump, Bruening, Laurence Tosi's, Miller, Beyoncé, shrugs, Anna Wintour, Anna, we're, Taylor Swift, Katie Haun, Marc Benioff, Reid Hoffman, Marissa Mayer, Dick Costolo —, Cohen, Katherine Maher, Maher, Daniel Kahneman, It's, Radel, Becky Akinyode, Elaine Winter, Tiffany Bloomfield, Dela, Chad Hilliard, Enmi, Kenny Aquiles Ulloa, Cyrenae, Madison Perez, Aidan Lapp, Bashira Webb, Bryan Erickson, Jinyoung Chang, Rodriguez, Rebecca Zisser, Claire Landsbaum, Emma LeGault, Joi, Marie McKenzie, Conner Blake, Kyle Desiderio, Victoria Gracie, Nicole Forero, Virginia Alves Organizations: Google, Museum of, Business, Elon, Vogue, Roelof, Oxford University, Oxford Union, Blackstone Group, Harvard Business School, Studios, Web, Young, Organization, Dela Revoluciøn, Enmi Yang Digital Tech Locations: Manhattan, SoHo, Bahamas, United States, Balthazar, England, Israel, Petra, Istanbul, Elle, Utah, COVID, Salt Lake City, Costa Rica, Atlanta, WestCap

Powell's remarks on Thursday that the fight to restore price stability "had a long way to go" at first roiled markets. "If we were to get a low CPI next week, yields can come down around that number and we may get some weakening in the dollar." MSCI's gauge of global equity performance (.MIWD00000PUS) gained 0.54%, while stocks on Wall Street surged 1% or more. U.S. Treasury yields rose sharply on Thursday after a very weak 30-year bond auction. U.S. crude rose $1.43 to settle at $77.17 a barrel, while Brent settled up $1.42 at $81.43 a barrel.

Persons: Kim Kyung, Jerome Powell, Michael James, Thierry Wizman, Wizman, Mullarkey, Tapas Strickland, Brent, Nell Mackenzie, Dhara Ranasignhe, Tomasz Janowski, Richard Chang Organizations: Tokyo Stock Exchange, REUTERS, Wall, Federal, Wedbush Securities, Fed, FX, Dow Jones, Nasdaq, U.S, Treasury, SLC Management, Reuters, NAB, New, Thomson Locations: Tokyo, Japan, Los Angeles, Macquarie, New York, Europe, Boston, China, Beijing, New Zealand, London

☆ GOP Sen. Tommy Tuberville shrugs off blame for top Marine's heart attack, comparing the general's heavy workload to his time coaching football
▼ + stars: | 2023-11-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

GOP Senator Tuberville compared his work as a football coach to that of top US Marine Gen. Eric Smith. Smith, a Purple Heart recipient, had a heart attack Sunday after complaining for weeks of being overworked. Tuberville's ongoing block on military promotions has left hundreds of positions vacant, forcing officers like Smith to work two or three jobs. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Tuberville, Eric Smith, Smith, —, Tommy Tuberville, Jack Reed, Reed, Doug Jones, hasn't, Smith —, Roe, Wade, Adm, Lisa Franchetti, David Allvin, Chris Mahoney, Mahoney, it's, Tuberville's Organizations: Service, US Marine, Capitol, Marine Corps, Joint Chiefs of Staff, Marine Corp, Army, Armed Services Committee, Democratic, Auburn University and Texas Tech University, Department of Defense, Senate, Naval Operations, Staff, Air Force, Pentagon Locations: Alabama, Iraq

☆ Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial
▼ + stars: | 2023-11-02 | by ( Erin Griffith | More About Erin Griffith | ) www.nytimes.com time to read: +1 min

In the four weeks that Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was on trial on fraud charges, the tech industry:Reacted to the war in Israel and Gaza, including protesting a tech conference organizer’s social media posts about the conflict. Buzzed over a manifesto from a top venture capitalist outlining a list of enemies to technological progress. Scrambled to invest money in the hottest artificial intelligence company, OpenAI, at triple its valuation earlier this year. Hotly debated the new features on Threads, a social media site owned by Meta. But a simpler answer could be that the tech industry has again done what it does best: move on to the next thing.

Persons: Sam Bankman, Bankman Organizations: Meta Locations: Israel, Gaza, FTX

☆ First Australian named for Paris Games shrugs off Seine pollution concerns
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

Organisers were forced to cancel the Open Water Swimming World Cup in Paris in August after heavy rain caused the Seine's water quality to dip below minimum health standards, leaving Gubecka and other swimmers unable to compete. Swimming legs of test events for triathlon and Para triathlon were also scrapped in August over water quality concerns. "They really are considering their options and are going to try to make sure we have the best experience possible next year." Paris has been working on clean-up efforts to make the Seine swimmable again, as it was during the 1900 Paris Olympics. Bathing in the Seine has been banned since 1923, though officials have long promised to restore water quality to safe levels.

Persons: Australia's Chelsea Gubecka, Issei Kato, Chelsea Gubecka, Ian Ransom, Robert Birsel Organizations: Chelsea, Paris Olympics, Brisbane, Australia's, Games, Thomson Locations: Fukuoka, Japan, Seine, Paris, Brisbane, Melbourne

☆ Russia's Lancet drone is its most effective weapon in Ukraine, and it's only getting deadlier
▼ + stars: | 2023-10-17 | by ( David Hambling | ) www.businessinsider.com time to read: +14 min

Rise of the lancetA Russian Lancet loitering munition shot down in the Zaporizhzhia region in July 2022. At first only a handful of Lancet strike videos were posted each month. Target setUkrainian soldiers shoot at what Ukraine said were Russian Lancet drones in a still image from a video released in May. AdvertisementAdvertisementAccording to Lost Armor, as of October 3 there are 667 Lancet strike videos. These are typically kept several miles back from the front line, but not far enough to be out of Lancet range.

Persons: —, Samuel Bendett, 19FortyFive, Yuriy Sak, Dmytro Smoliyenko, Crews, Bendett, Zala, David Hambling Organizations: Service, Russia, Strategic Communications, Ukrainian Armed Forces, REUTERS, Zala Aero Group, Special Operations Forces, CNA, CNAS, Lancet, Reuters, Ukraine Defense Ministry, Analysts, Publishing, Getty, Artillery, Oryx, Russia's RIA, Telegram, Vostok, Volunteer, Aviation, Forbes, The, New, Popular Mechanics, WIRED Locations: Ukraine, Zaporizhzhia, Syria, Russia, Russian, Ukrainian, German, Kyiv, Lancets, London

NEW YORK (AP) — Since Justine Triet’s “Anatomy of a Fall” premiered at the Cannes Film Festival where it won the Palme d’Or, Sandra Hüller has been dogged by a question: Did she do it? In “Anatomy of a Fall,” Hüller plays a well-known novelist, also named Sandra, whose husband (Samuel Theis) is found dead outside their chalet in the French Alps after plunging from a top-floor window. Political Cartoons View All 1207 Images“She should be a dangerous person, in a way,” Hüller added. She also stars this fall in Jonathan Glazer’s acclaimed Holocaust drama “The Zone of Interest” as Hedwig Höss, wife of the Nazi commandant Rudolf Höss. It’s kind of a psychological but dangerous thing.”In the case of “Anatomy of a Fall,” Hüller knew immediately after reading the script that she wanted to play Sandra.

Persons: Justine Triet’s “, Palme, Sandra Hüller, ” Hüller, Sandra, Samuel Theis, Snoop, —, “, ”, Triet, Arthur Harari, ” Triet, it’s, doesn’t, Trần Anh Hùng’s, Emmanuel Macron, Anh, Maren Ade’s, Toni Erdmann, Jonathan Glazer’s, Hedwig Höss, Rudolf Höss, Hüller, Queen, Hedwig, Rudolf, it's Organizations: Cannes, France, New York Film, Nazi Locations: French, Cannes, France, “ The, The

☆ Harvard Shrugs at Jew-Hatred
▼ + stars: | 2023-10-11 | by ( J.J. Kimche | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/harvard-shrugs-at-jew-hatred-hamas-attack-israel-civilian-murder-torture-rape-68f53256

Persons: Dow Jones Organizations: harvard Locations: israel

☆ Costco shrugs off 'shrink' while Target closes stores due to 'theft'
▼ + stars: | 2023-09-27 | by ( Courtney Reagan | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco shrugs off 'shrink' while Target closes stores due to 'theft'CNBC's Courtney Reagan reports on news from Costco and the broader retail sector.

Persons: CNBC's Courtney Reagan Organizations: Costco, Target

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. The U.S. central bank on Wednesday kept its key lending rate steady, as expected, but indicated another hike is possible as it and other central banks tighten policy to tame inflation. Major equity indices in Europe and on Wall Street fell more than 1% on concerns higher rates will curb growth. /FRXMirroring a rise in Treasury yields, Germany's 10-year government bond yield touched a fresh six-month high of 2.73% and Britain's 10-year gilt yield rose to 4.29% after falling on Wednesday to its lowest since July. Gold extended its decline for a third straight day as the dollar and Treasury yields rallied on the Fed's warning of a possible additional rate hike.

Persons: Brendan McDermid, there's, Michael Arone, Jack Ablin, it's, John Hardy, Hardy, Brent, Xie Yu, Marguerita Choy, Tomasz Janowski, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Swiss, Bank of England, Swiss National Bank, Fed, State Street Global Advisors, Reuters, Treasury, Cresset Capital Management, Saxo Bank, Dow Jones, Nasdaq, Sterling, Reuters Graphics, U.S, West Texas Intermediate, Thomson Locations: New York City, U.S, Norway, Sweden, Europe, Boston, Pebble Beach , Florida, Hong Kong

On the debate stage last month, Mr. DeSantis declined to raise his hand when a moderator asked the Republican candidates if they thought human behavior was causing climate change. His campaign and the governor’s office did not respond to requests for comment about his views. Instead, Mr. DeSantis has seemingly reverted to an old Republican Party line that climate change is happening naturally, without being accelerated by human behavior like the burning of fossil fuels. Mr. DeSantis says he is simply being realistic about the country’s economic and national security needs. As the governor of a traditionally purple state on the front lines of climate change, Mr. DeSantis has been confronted with clear evidence that the environment is changing.

Persons: DeSantis, “, Joe Biden’s Organizations: Republican, Republican Party, Fox Business, Joe Biden’s Green Locations: Florida

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