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☆ The Vietage: New luxury train route in Vietnam offers stunning coastal views, afternoon tea
▼ + stars: | 2024-05-14 | by ( Karla Cripps | ) edition.cnn.com time to read: +4 min

The first “The Vietage by Anantara” luxury train carriage launched in 2020 – a six-hour journey connecting Da Nang and Quy Nhon. Courtesy Anantara“The main difference is that the new route connecting Nha Trang and Quy Nhon passes through many more coastal areas than the journey between Da Nang and Quy Nhon,” says Jones. For the six-hour journeys between Da Nang and Quy Nhon, passengers are served a pre-ordered three-course gourmet meal. The Quy Nhon-Nha Trang route includes an afternoon tea set. The original route departs from Da Nang Train Station at 8 a.m., arriving at Quy Nhon’s Dieu Tri Station at 2:03 p.m.

Persons: –, Kate Jones, ”, Jones Organizations: CNN, Dieu Tri Train Station Locations: Vietnam, Na Trang, Da Nang, Quy, Nha Trang, Trang, Thevietagetrain.com, Dieu Tri, Quy Nhon, Quy Nhon’s Dieu Tri, Southeast Asia

☆ Sri Lanka travel visa costs doubled to $100 last month. The reason for the hike is disputed
▼ + stars: | 2024-05-14 | by ( Monica Pitrelli | Erica Lamberg | ) www.cnbc.com time to read: +3 min

The cost to obtain a short-term visa to visit Sri Lanka rose from $50 to $100 in April. In response, VFS Global said, "Visa categories were introduced as per the directives of [Sri Lanka's] Department of Immigration and Emigration (DI&E)." Both parties agreed that 30-day travel visas priced at $50 had been reinstated as of May 7. But VFS Global's fees angered many in Sri Lanka's travel industry and led to allegations of corruption by Sri Lankan opposition leaders. "The government of Sri Lanka won't be charging, but the platform … will," he said.

Persons: Harin Fernando, VFS, scammers, Fernando, — Organizations: VFS, Sri, Harin, CNBC, of Immigration, E, Sri Lanka's Ministry of Public Security, VFS Global Locations: Sri Lanka, Sri Lanka's, Sri Lankan, India, China, Indonesia, Japan, Malaysia, Russia, Thailand

Asia-Pacific markets were largely higher Tuesday even as stocks on Wall Street stumbled, with the Dow Jones Industrial Average snapping an eight-day winning streak. Investors in Asia assessed India's inflation numbers. Data released Monday showed consumer price index climbed 4.83% year on year, nearly in line with the 4.8% expected by economists polled by Reuters. India's wholesale inflation reading is due to be released later in the day. Data from the Bank of Japan showed that corporate inflation was steady in April compared with a year earlier, but import prices jumped 6.4% year over year last month, most likely due to the yen's sharp declines.

Organizations: Dow Jones, Reuters, Bank of Japan Locations: Jama, New Delhi, India, Asia, Pacific

☆ China and India still rely heavily on coal, climate targets remain 'very difficult' to achieve
▼ + stars: | 2024-05-14 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

China and India have not reduced coal generation for electricity, according to a new study, making it harder for Asia's largest carbon emitters to reach their climate targets. While both Asian countries have ambitious plans to cut emissions, heavy reliance on coal — the dirtiest fossil fuel — continues to be the most reliable and affordable way of meet rising electricity demand. The highest increases came from China (+319 TWh) and India (+100 TWh), the study showed. According to the IEA, coal remains the biggest energy source for electricity generation, supplying more than one-third of global electricity. "It will be very difficult to meet targets without a rapid face down in coal.

Persons: Francis Johnson Organizations: Global, Stockholm Environment Institute's Asia Locations: China, India, Stockholm

☆ 14 analysts upgraded this global AI chip stock in the past 2 weeks
▼ + stars: | 2024-05-14 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

There's been so much love for one global chip stock that as many as 14 analysts upgraded it in the past two weeks. Based on a CNBC Pro FactSet screen, 14 analysts upgraded the stock in the past two weeks, and none downgraded it. Those covering the stock say they are optimistic in light of AI demand, among other factors. This "inefficiency" has been estimated to likely create an additional ~10% in equipment demand over time," Kim added. When it comes to AI, Kim also said that each large language model upgrade cycle requires roughly 100 times more in compute capacity upgrades.

Persons: There's, That's Taiwan's, Phelix Lee, Lee, Dan Kim, Kim, FactSet, TSMC Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, CNBC, Morningstar, Saturna Locations: U.S, China, Taiwan

☆ 'Wealth can be pretty isolating': Problems that rich people face, according to therapists
▼ + stars: | 2024-05-14 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

While wealth can bring with it some unconventional problems — such as being denied an invite-only Ferrari and accidentally destroying swathes of coral reefs with a 300-foot yacht — most other problems that the rich face may not be as esoteric as we think. They dismiss rich people's mental health concerns as insignificant and of diminished importance," Paul Hokemeyer, a clinical psychotherapist who treats the ultra rich, told CNBC. Paranoia and distrustWealth can cause people around the super rich to view them as objects, Hokemeyer observed. People who are rich tend to be of higher social status, and those who live in diminished states of power are often drawn to them. Against this backdrop, the super rich tend to become more suspicious of people's motives in associating with them.

Persons: Ferrari, Paul Hokemeyer, Amanda Falkson, Maria Korneeva Organizations: CNBC, Drayson, Psychotherapy Locations: Drayson Mews

☆ These 3 ETFs have risen by double-digits every year for the past 5 years
▼ + stars: | 2024-05-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Two U.S.-listed ETFs — the SPDR S & P Metals & Mining ETF and VanEck Steel ETF — and the Japan-listed NEXT NOTES Japan Equity High Beta Select 30 ETF have each risen more than 10% every year since 2019. SPDR S & P Metals & Mining ETF The SPDR S & P Metals & Mining ETF (ticker: XME) gives investors broad exposure to the metals and mining segment. The VanEck fund has outperformed the S & P 500 in four of the past five years. NEXT NOTES Japan Equity High Beta Select 30 The NEXT NOTES Japan Equity High Beta Select 30 ETF (ticker: 2068.T-JP) is a smart beta ETF. High beta stocks react with more volatility than the rest of the market.

Persons: SPDR, It's Organizations: CNBC, P Metals, Mining, VanEck Steel, —, Japan, CNBC Pro, Mining ETF, VanEck, NEXT, Nomura Japan Equity Locations: U.S, Japan

☆ I moved back to the US from Switzerland when my daughter was 3. My suburban neighbors don't get the way I parent.
▼ + stars: | 2024-05-14 | by ( Chantal Panozzo | ) www.businessinsider.com time to read: +6 min

AdvertisementBut beyond the environmental consequences of the car line, something feels even more detrimental: American parenting culture. Related storiesInstead, I found that Swiss parenting basically boils down to a concept of benign neglect, where kids learn to manage themselves. Chantal PanozzoWhen I first moved to Switzerland, I was homesickMy husband and I moved to Switzerland in 2006 for a job opportunity. Daughter gone. AdvertisementAnd if that isn't a Swiss parenting win in an otherwise American world, then I don't know what is.

Persons: we'd, I've, it's, Chantal Panozzo, I'd Organizations: Service, Business Locations: Chicago, Switzerland, Swiss, Zurich

Prosecutors say it’s entirely possible they could rest their case by the end of this week. Cohen himself was federally charged with campaign finance violations, tax crimes and lying to Congress in previous testimony. Judge to Cohen: Please stop talking: Trump attorney Todd Blanche urged Judge Juan Merchan on Friday to order Cohen to stop talking about the trial and Trump. Trump is not allowed to talk about Cohen because of the gag order in place. Assistant District Attorney Joshua Steinglass responded that prosecutors have repeatedly instructed Cohen and all of the other witnesses in the case not to speak publicly about it.

Persons: Donald Trump, Cohen, Michael Cohen, Stormy Daniels, He’s, Trump, Alvin Bragg’s, Todd Blanche, Judge Juan Merchan, Blanche, Joshua Steinglass, ”, Merchan, White, Madeleine Westerhout, Westerhout, Daniels, she’d, Read Organizations: Trump, Manhattan, White, White House

☆ Hyper-luxury golf carts that you can drive on the road
▼ + stars: | 2024-05-13 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

But one Danish company is on a mission to put the art in golf cart. “When it came to the golf cart 18 years ago, they all looked the same – there weren’t any serious high-end products out there,” Lynge told CNN. You want something that’s sort of Lamborghini-shaped – very low and wide – but the golf cart is the exact opposite.”Tiger Woods rides a conventional golf cart at a tournament in 2005. Lynge took the prize ceremony event as an opportunity to pitch a dream that would be realized in 2016 – a Garia golf car inspired by Mercedes-Benz Style. “Really expensive … super exclusive, but also the coolest golf car you’ll ever see,” Lynge said.

Persons: Anders Lynge, Soren Bak Hansen, ” Lynge, Garia, Lynge, –, “, Woods, Jeff Gross, Mercedes, Lars Larsen, Lynges, ”, we’ve Organizations: CNN, Augusta National, Garia, Bentley, Lamborghini, Kussmaul, Mercedes, Benz, US, Lars Larsen Group Locations: Turnberry, Scotland, Copenhagen, German, Europe, €, London

☆ Live updates: Israel-Hamas war, Rafah invasion looms, new Gaza aid crossing opens
▼ + stars: | 2024-05-13 | by ( Chris Lau | ) edition.cnn.com time to read: 1 min

Palestinians leave the Jabalya Refugee Camp with their belongings in Gaza, on May 12. Dawoud Abo Alkas/Anadolu/Getty ImagesIsrael is battling Hamas across Gaza, including in the Jabalya refugee camp in the north. Israel, which previously said it controlled Jabalya, said it is trying to stop Hamas regrouping there. Video captured heavy gunfire, Israeli tanks and the sound of drones in the area on Sunday. The Israeli military said it was continuing "precise operations" in eastern Rafah and near the Rafah crossing, ahead of a planned full-scale invasion.

Persons: Dawoud Abo Organizations: Dawoud Abo Alkas, Getty, Israel, Gaza's Health Ministry Locations: Gaza, Anadolu, Israel, Rafah

☆ There’s no way to be a perfect parent
▼ + stars: | 2024-05-13 | by ( Dr. Katie Hurley | ) edition.cnn.com time to read: +7 min

I was stuck in the revolving door of work and parenting, and nothing about my personal life was Instagram-worthy. Somewhere between 2006 and now, parenting became a crash course in achievement, with social media grading us at every turn. Children and parents alike have unknowingly entered a relentless pressure cooker under the constant spotlight of social media. These can result in a cycle of increased mental health issues for both the parent and the child. There are two social media tricks that can be life-changing for adults: Mute accounts (you’re the only one who will know!)

Persons: TikTok, ”, Jessica Lahey, Donald Winnicott, Winnicott, “, —, ” Lahey, Katie Hurley, Strong, Fiona McPhee Organizations: CNN, Facebook, Foods, Ohio State University College of Nursing, Netflix

☆ A Night to Remember at the Opera, Complete With a Phantom
▼ + stars: | 2024-05-13 | by ( Elisabetta Povoledo | Alessandro Penso | ) www.nytimes.com time to read: 1 min

In the pitch-dark auditorium of Rome’s Teatro Costanzi, a high-pitched lament floated from the top galleries. Dozens of flashlights snapped on, their beams crisscrossing crazily, seeking the source of the sound. The shafts of light homed in on a spectral figure — a slim, dark-haired woman dressed in white, moving at a funereal pace and plaintively singing. In the audience, 130-odd children, ages 8 to 10, let loose squeals, some gasps, and one “it’s not real.” Several called out “Emma, Emma.”The children had just been told that the Costanzi, the capital’s opera house, had a resident phantom. This was said to be the spirit of Emma Carelli, an Italian soprano who managed the theater a century ago, and loved it so much that she was loath to leave it, even in death.

Persons: Emma, ”, Emma Carelli Locations: Italian

☆ A cartoon on X just sent GameStop shares surging 72%
▼ + stars: | 2024-05-13 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

New York CNN —The surprise social media return of the trader who helped ignite the meme stock frenzy in 2021 sent GameStop shares skyrocketing Monday. The shares skyrocketed by more than 110% earlier and were halted for volatility several times on Monday morning. GameStop had posted the same cartoon in February, but with a red arrow and chair. Gill described himself as a casual daytime trader in testimony during a 2021 Congressional hearing on the GameStop mania. “The idea that I used social media to promote GameStop stock to unwitting investors is preposterous,” Gill said in written testimony.

Persons: Roaring Kitty, Keith Gill, Gill, Kitty, “ Deepf, ” Gill, “, Paul Dano Organizations: New, New York CNN, GameStop, AMC Entertainment, stoke, “ Locations: New York, GameStop’s

☆ OpenAI gives a shoutout to Nvidia — plus, a new industrial stock joins our watchlist
▼ + stars: | 2024-05-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, it's, OpenAI, Mira Murati, Jensen Huang, We're, Jim's, Estee, Jim, Jim Cramer's Organizations: CNBC, Microsoft, Nvidia, Dover Corp, Clean Energy, Sustainability Technologies, Club, Vision, Bloomberg, Apple Vision, U.S, Jim Cramer's Charitable Locations: Illinois, Dover, U.S, China, Estee Lauder

☆ Trump Stays Calm in Court. His Emails Tell a Different Story.
▼ + stars: | 2024-05-13 | by ( Michael Gold | ) www.nytimes.com time to read: +1 min

At the end of a tense court day in his criminal trial in Manhattan, former President Donald J. Trump on Thursday sent an email to his followers with a dramatic subject line: “I stormed out of court!”The reality was far more muted. When the day ended, Mr. Trump calmly left the courtroom, as is typical of many criminal defendants. He strode toward reporters and a camera stationed in the hallway and gave a minute-long statement attacking the case, the judge and the proceedings. Still, in his message to followers, Mr. Trump depicted himself as a firebrand who angrily fled the proceedings over perceived injustice. “I’m DONE with the election interference,” he wrote.

Persons: Donald J, Trump, strode, “, ”, “ Joe Biden, I’m Organizations: Mr Locations: Manhattan

☆ Elon Musk's X scores a win in his feud with Australia
▼ + stars: | 2024-05-13 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Elon Musk won a legal victory in Australia Monday about content moderation. The fight revolves around footage on X of a church stabbing in a Sydney suburb. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Australian court handed Elon Musk a victory Monday in what he described as an ongoing fight for "free speech." X had opposed the block, which was initially ordered on April 22, the Australian Broadcasting Corporation reported.

Persons: Elon Musk, —, X Organizations: Elon, Australia, Service, Australian Broadcasting Corporation, Business Locations: Sydney

☆ A Ukrainian recon commander in Kharkiv said its first line of defense was missing, in a 'betrayal' that allowed Russian troops to just walk in
▼ + stars: | 2024-05-13 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

"There was no first line of defense," Denys Yaroslavskyi told the BBC, which reported from Vovchansk on Sunday. Jonathan Beale, a defense correspondent at the outlet, wrote that Yaroslavskyi showed him drone footage of Russian troops walking past Ukraine's northeastern border without resistance. Lying on Kharkiv's northeastern border, Vovchansk is one of Ukraine's closest cities to the Russian region of Belgorod. Related storiesDays earlier, Ukrainian military observers reported that between 30,000 to 35,000 Russian troops had gathered for the push. The Kremlin has since 2022 been accusing Ukraine of shelling Belgorod, though this also comes amid repeated reports of Russian troops misfiring or dropping bombs by mistake on civilians there.

Persons: —, Denys Yaroslavskyi, Jonathan Beale, Yaroslavskyi, Oleksandr Syrskyi, Syrskyi, Vladimir Putin, Vovchansk Organizations: Service, BBC, Business, Reconnaissance Unit, Armed Forces, Ukraine's General Staff, Russian Federation, Kyiv, Russian, NATO Locations: Ukrainian, Kharkiv, Russia, Vovchansk, Ukraine's, Russian, Belgorod, Moscow, Ukraine, The Washington, Kyiv

☆ A passenger is suing Delta for $1 million, saying he broke a rib when he leaned on his armrest and it collapsed
▼ + stars: | 2024-05-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A passenger is suing Delta Air Lines for $1 million saying he broke a rib while buckling his seatbelt. The lawsuit says the armest collapsed when he leaned on it, and he fell into the aisle. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Delta Air Lines passenger is suing the carrier for $1 million, alleging that he broke a rib when an armrest collapsed. The lawsuit, filed earlier in May, says Hippensteel was in an aisle seat and buckling his seatbelt in preparation for departure when he leaned on the armrest.

Persons: —, Joseph Hippensteel, Hippensteel Organizations: Delta Air Lines, Montreal Convention, Service, Air Lines, Business Locations: San Diego, Seattle

☆ A New Rent-Versus-Buy Calculator
▼ + stars: | 2024-05-13 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

It is the biggest financial decision for many younger adults: Should I rent a home or buy one? To help people understand the trade-offs, The Times has just relaunched its popular rent-versus-buy calculator. The calculator, which The Times’s Upshot section built, has been updated in several important ways, including to take into account the 2017 tax law that affected the mortgage-interest deduction. Ultimately, the calculator can’t tell you whether you should rent or buy. That decision depends on the future paths of home prices and rents, which are unknowable.

Organizations: Times

☆ A 10-foot-wide modern home was built in a Washington, DC driveway. It's listed for $580,000. See inside.
▼ + stars: | 2024-05-13 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

A 10-foot-wide, one-bedroom home was built in Washington, DC, on what used to be a driveway. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA developer in Washington, DC, had a small canvas — about the width of a driveway — to build a modern home that's on the market for $581,903. Now, there's a 10-foot-wide, one-bedroom home on what used to be a driveway. This story is available exclusively to Business Insider subscribers.

Persons: —, Jennifer Young, Keller Williams Organizations: Service, Keller, Keller Williams Chantilly Ventures, Business Locations: Washington ,

☆ Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
▼ + stars: | 2024-05-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

According to the Apollo chief economist, that's because current strength stems from high debt loads, both among US consumers and the corporate world. Slok pointed out that delinquencies are rising on credit cards and auto loans, despite an economy with low unemployment. But while that keeps a hard landing on the table, the next few quarters will still deliver solid performance, he said. Advertisement"We still have behind us a very strong tailwind. We still have strong spending in the pipeline from the Chips Act, Inflation Reduction Act, the Infrastructure Act."

Persons: —, Torsten Slok, Slok Organizations: Service, Apollo, Business, Bloomberg, Fitch, Reserve Locations: headwinds

☆ Photos show what it's like to fall into a black hole
▼ + stars: | 2024-05-13 | by ( Ellyn Lapointe | Jessica Orwig | ) www.businessinsider.com time to read: +1 min

A NASA video reveals in stunning detail what falling into a black hole would look like. AdvertisementNASA recently released a series of trippy videos showing what it would look like if you plunged into a black hole. But not just any black hole — a supermassive black hole with 4.3 million times the mass of our sun. That's about the size of the giant black hole that lurks at the center of our Milky Way galaxy. Black holes are extreme cosmic environments where gravity, time, and light act differently from what we're used to on Earth.

Persons: — Organizations: NASA, Service, Business

☆ A High Stakes Obstacle Course, for Dogs
▼ + stars: | 2024-05-13 | by ( ) www.nytimes.com time to read: 1 min

The agility dogs, who jump through a hoop, go through a tunnel, weave through poles and deal with various other obstacles like a pause table, are judged on the time it takes them to complete the course and how many mistakes they make. And the whole thing is done with a handler running alongside them. The dogs in the event, which has typically been dominated by Border collies, are grouped by height rather than breed, creating a more chaotic vibe than the rehearsed perfection of the regular dog show.

Organizations: Border

☆ A White-Collar Indictment Shatters a Congressman’s Blue-Collar Image
▼ + stars: | 2024-05-13 | by ( Kenneth P. Vogel | Kitty Bennett | ) www.nytimes.com time to read: +1 min

Over the years, Representative Henry Cuellar often harked back to the small house in Laredo, Texas. It was there that his parents, one-time migrant workers who spoke no English, raised him and his seven siblings to value hard work and beware the dangers of debt. The references in speeches, campaign advertisements and interviews were intended to forge affinity with the largely Hispanic residents of his hometown. Mr. Cuellar had become the hub of a bustling small enterprise that blurred the lines between his political operation, his businesses and his family, affording him trappings of affluence even as he sometimes strained to make ends meet. He took on an increasing amount of debt, and his net worth declined.

Persons: Henry Cuellar, ”, Cuellar Organizations: Navy Locations: Laredo , Texas, Laredo, Nationals

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