DIRS.INFO The most relevant business & tech news

☆ Japanese yen: How the currency’s record slump is squeezing the Japanese
▼ + stars: | 2024-05-03 | by ( Juliana Liu | ) edition.cnn.com time to read: +7 min

Higher interest rates in the United States and other countries mean investors can make bigger returns on investments there than they can in Japan. This encourages carry trades, in which investors borrow money in yen to invest it in higher-yielding assets priced in other currencies. That weakens the Japanese currency. A Big Mac costs 50% more in the next cheapest G10 currency, the New Zealand dollar, than it does in yen, he added. … and lots of drawbacksBut the falling yen has caused much pain at home and not just for small businesses like Japan Fraise.

Persons: hasn’t, Hiroko Ishikawa, “ It’s, ” Ishikawa, “, we’re, We’re, Himari Semans, That’s, ” Nigel Green, Kit Juckes, Warren Buffett, ” Sean Callow, ”, Sato Hitomi, Semans, I’ve, —, Laura He, Chris Lau Organizations: Tokyo CNN, US, Reserve, CNN, Nikkei, Bank of Japan, deVere, greenback, Labor, Societe Generale, New Zealand, Japan’s National Tourism Organization, Tokyo’s Locations: Hong Kong, Tokyo, Japan, United States, Sydney, Hawaii

☆ Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
▼ + stars: | 2024-04-24 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Not only would that deal another huge blow to China’s tech ambitions, it would further deepen the divide between two digital worlds centered around the rival economic superpowers. Congress on Tuesday approved legislation that could compel ByteDance to sell TikTok or face a national ban. That leaves few options for ByteDance to secure the future of TikTok in the US, its biggest market with 170 million users. “This includes everything from who owns and operates data centers, to space-based internet satellites, to undersea cables and, of course semiconductors.”In that sense, the TikTok ban has its silver lining for Beijing. Growing challenges for Chinese appsThe TikTok legislation was included in a wide-ranging foreign aid package meant to support Israel, Ukraine and Taiwan.

Persons: Hong Kong CNN —, ByteDance, Joe Biden, TikTok, “, ”, Alex Capri, Richard Windsor, Capri, Biden, Paul Triolo, ” Triolo, Wang Wenbin, CNN’s Marc Stewart, Triolo doesn’t, — CNN’s Wayne Chang, Marc Stewart Organizations: Hong Kong CNN, Foundation, National University of Singapore’s Business, YouTube, Google, Radio Free Mobile, TikTok, Technology, Albright, Commerce Department, Commerce, China’s, Foreign Ministry, Facebook, Apple Locations: China, Hong Kong, America, Beijing, Capri, “, Asia, Israel, Ukraine, Taiwan, Silicon Valley, American, Bytedance, “ Beijing

☆ Japan Airlines first female CEO hopes more women make it to the top
▼ + stars: | 2024-04-24 | by ( Hanako Montgomery | Helen Regan | ) edition.cnn.com time to read: +6 min

Tokyo/Hong Kong CNN —Mitsuko Tottori admits Japan has much more to do to get people like her into the chief executive seat. Tottori was named as the first female president and chief executive of Japan Airlines (JAL) in January, crowning a career that began nearly 40 years ago when she joined the airline as a flight attendant. Tottori, pictured in 1985 using an in-flight phone, began her career as a cabin attendant at Japan Airlines. Japan Airlines' A350 airplane is on fire at Haneda international airport in Tokyo, Japan January 2, 2024. They really followed the instructions of the flight crew calmly, which I think was a big factor.

Persons: Mitsuko Tottori, ”, “, Tottori, Issei Kato, Shukor Yusof, Seijiro Takeshita, ’, ” Takeshita, — CNN’s Junko Ogura, Mayumi Maruyama, Juliana Liu Organizations: Hong Kong CNN, Japan Airlines, JAL, “, CNN, University of Tokyo, Women’s Junior College, Boeing, Airbus, Haneda, Endau, ”, Japan Inc, University of Shizuoka, ANA, All Nippon Airways Locations: Tokyo, Hong Kong, Japan, Tottori, “ Japan, Nagasaki, Haneda, Osaka, Asia, Myanmar, Fiji

☆ Baltimore bridge collapse: City files legal claim against owner, operator of ship that rammed Key Bridge
▼ + stars: | 2024-04-23 | by ( Jillian Sykes | ) edition.cnn.com time to read: +2 min

Atlanta CNN —Baltimore filed a legal claim on Monday against the owner and manager of the ship that crashed into the Francis Scott Key Bridge last month, causing it to collapse. The Dali, a 213-million-pound ship carrying cargo containers, is owned by Grace Ocean Private Limited and managed by Synergy Marine PTE LTD. As this matter is now the subject of active litigation, we will reserve further comment for the appropriate judicial forum,” the Baltimore City Law Office told CNN. Earlier this month, Grace Ocean and Synergy Marine filed a petition in federal court asking for a $43.6 million limit on potential liability payouts. In its Monday court filings, Baltimore asked the court to deny the companies’ petition to limit liability.

Persons: Francis Scott Key, Dali, Grace Ocean, Darrell Wilson, Grace, — CNN’s Gabe Cohen Organizations: Atlanta CNN, Baltimore, Grace Ocean Private Limited, Synergy Marine PTE LTD, Baltimore’s, City Council, CNN, Baltimore City Law Office, Synergy, Grace Ocean, Federal Bureau of Investigation, US Coast Guard Locations: Baltimore

☆ Kishida US visit: Japan seeks investment in AI, semiconductors from American companies
▼ + stars: | 2024-04-10 | by ( Junko Ogura | Juliana Liu | ) edition.cnn.com time to read: +4 min

Speaking in Washington at a lunch with American CEOs, Prime Minister Fumio Kishida said Japan welcomes American collaboration in “critical and emerging technology” and assured them that any investment would flow both ways. Last year, Japanese foreign direct investment to the US exceeded $750 billion, Kishida said, making Japan the biggest foreign investor in America and creating more than 1 million jobs. It is reportedly the company’s largest ever investment in Asia’s second largest economy. Earlier this month, Japan’s industry ministry approved subsidies worth up to 590 billion yen ($3.9 billion) for Rapidus. It comes as Washington adds increasing restrictions on the types of semiconductors that American companies are able to sell to China.

Persons: Hong Kong CNN —, Fumio Kishida, ”, Kishida, Joe Biden, Brad Smith, Gary Cohn, Sanjay Mehrotra, Ted Colbert, Albert Bourla, Mayumi Maruyama Organizations: Hong Kong CNN, Microsoft, Microsoft Research Asia, IBM, Micron Technology, Boeing, Defense, Space & Security, Pfizer, CNN, US Chamber of Commerce, “, Intel, Samsung, US Locations: Tokyo, Hong Kong, Japan, Washington, American, United States, America, Asia’s, Russia, South, Taiwan, Hokkaido, chipmaking, China, Europe, Asia, Germany

☆ The last time Trump took a ‘DJT’ business public, it ended up in bankruptcy
▼ + stars: | 2024-03-25 | by ( Allison Morrow | David Goldman | ) edition.cnn.com time to read: +4 min

New York CNN —Starting Tuesday, there’s a new company on the Nasdaq: Trump Media & Technology Group, which will trade under the stock ticker DJT. The social media app was never a blockbuster, though, and it’s unclear how the company will ever make money. While Trump Media may be new, its stock ticker is a throwback to Trump’s only other publicly traded company. Trump bestowed the same initials on his Atlantic City casino business, Trump Hotels and Casino Resorts, back when that company went public in 1995. Trump Media generated just $3.4 million of revenue through the first nine months of last year, according to SEC filings.

Persons: there’s, Donald John Trump, we’ve, Trump, “, ” Trump, ”, Jonathan Macey, Matt Egan, he’s, CNN’s Matt Egan Organizations: New, New York CNN, Nasdaq, Trump Media & Technology Group, Republican, Capitol, Trump Media, Atlantic City, Trump Hotels, Casino Resorts, Mahal, New York Times, Trump Entertainment Resorts, SEC, Twitter, Trump Locations: New York, ” Yale

☆ TSMC: How the world’s biggest chipmaker is working to overcome a shortage of talent
▼ + stars: | 2024-03-22 | by ( Eric Cheung | Will Ripley | ) edition.cnn.com time to read: +7 min

All that changed three years ago, when a global chip shortage and rising geopolitical tension turbocharged growth at TSMC. TSMC set up the Newcomer Training Center inside a sprawling science park in the city of Taichung in central Taiwan in 2021. “After many years, what we want to do is to gradually reduce assignees [and] increase the local hires.”The Newcomer Training Center opened in 2021. The soaring demand, particularly for chips that power AI, has created a shortage of talent for the semiconductor industry. Countries compete for this talent.”TSMC’s Ho said a shortage of talent is one of the main challenges the company faces.

Persons: Taiwan CNN —, —, TSMC, Joe Biden, ”, Marcus Chen, ” Lora Ho, John Mees, Stewart Randall, ” TSMC’s Ho, Ho, Kristy Hsu, “, it’s, ” Ho, “ It’s, — CNN’s Juliana Liu Organizations: Taiwan CNN, Moore’s, Apple, Nvidia, AMD, CNN, “, Training, Taiwan Semiconductor Manufacturing, IC, Taiwan ASEAN Studies Center, Economic Research Locations: Taichung, Taiwan, TSMC, Arizona, fabs, United States, Japan, Germany, China, Washington, Kumamoto, Phoenix , Arizona, Dresden, Europe

☆ Stanley has a plan to stop online chaos and scalpers from ruining its product launches
▼ + stars: | 2024-03-01 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

Stanley cups have been wreaking havoc at Target stores and tearing tween relationships apart. AdvertisementWith Stanley cups stoking utter chaos among desperate Target shoppers (and employees) — and tearing apart middle schools — the brand is looking for ways to calm the fervor around its limited-edition launches. tumbler comes in an "ornate" striped box, according to Stanley, featuring a "rich ganache powdercoat finish" and gold accents. Advertisement"One of our priorities is to prevent bots and resellers from depleting stock meant for our genuine fans," Stanley said. Stanley SVP Matt Navarro told CNN he hopes the changes the company made "provide all consumers with a wider aperture and more user-friendly [online] experience to get the Stanley products they love."

Persons: Stanley, —, tumbler, EQL, they'd, Andrew Lipp, Matt Navarro Organizations: Service, CNN, PMI Worldwide, Nike Locations: Australia

☆ Nvidia’s market value catapults to $2 trillion
▼ + stars: | 2024-02-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +1 min

New York CNN —Nvidia joined an exclusive club on Friday morning when its market value topped $2 trillion, just days after the chipmaker reported gangbusters earnings that once again swept Wall Street into an artificial intelligence-induced fervor. Nvidia’s latest achievement comes after the company earlier this month surpassed Amazon and Alphabet in market value and become the third-largest company on Wall Street behind Microsoft and Apple. The company hit a $1 trillion market cap in 2023, about 24 years after going public. Its meteoric growth over the past year came as artificial intelligence mania consumed Wall Street and helped power a ferocious bull market. Nvidia has emerged the poster child of AI on Wall Street, in part because it is crucial to the burgeoning AI space.

Persons: Howard Silverblatt, Dow, — CNN’s Clare Duffy Organizations: New, New York CNN, Nvidia, Dow Jones, Apple, Microsoft, Wall Street Locations: New York

☆ Alibaba shares sink after it shelves IPO plans for two units
▼ + stars: | 2024-02-08 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Shares in Alibaba sank as much as 7% in Hong Kong on Thursday, after the Chinese tech giant reported disappointing sales figures and announced it would suspend listings plans for two of its units. The news comes at a tough time for the tech giant. In December, the company reshuffled its top ranks after the stellar performance of a competitor caused a stir at Alibaba. The company’s announcement of a $25 billion share repurchase program, which it said demonstrated its confidence in its business and cash flow outlook, also failed to ignite interest among investors. Alibaba shares in New York closed 5.9% lower on Wednesday.

Persons: Joseph Tsai, ”, Alibaba, Jack Ma, PDD, Alicia Yap, Ma, —, Laura Organizations: Hong Kong CNN —, Cainiao, Reuters, Refinitiv, ” Citi Locations: China, Hong Kong, Alibaba, New York

☆ Japanese trading giant Itochu to cut ties with Israeli defense firm over Gaza war
▼ + stars: | 2024-02-06 | by ( Juliana Liu | ) edition.cnn.com time to read: +2 min

Hong Kong/Tokyo CNN —One of Japan’s biggest trading firms, Itochu, has decided to end its partnership with a major Israeli defense company due to the war in Gaza. The sprawling conglomerate, best known outside Japan for its Family Mart chain of convenience stores, said its aviation unit will cut ties with Elbit Systems, which bills itself as Israel’s largest defense contractor, by the end of February. Itochu Aviation, Elbit Systems and Nippon Aircraft Supply signed a cooperation agreement in March 2023, months before war broke out between Israel and Gaza. Itochu, which reported revenues of $104 billion in 2023, has faced small-scale, student-led protests in Tokyo against its partnership with Elbit since January. Its Family Mart chain has also been the target of calls for boycotts in Muslim-majority Malaysia over the agreement.

Persons: ”, Itochu, Israel, Tsuyoshi Hachimura, Hachimura, Bezhalel Machlis, Hanako Montgomery, Heather Chen Organizations: Tokyo CNN, Elbit Systems, International Court of Justice, United Nations, Japan’s Foreign Ministry, CNN, ICJ, Israel, Itochu Aviation, Nippon Aircraft Supply, Elbit, Japan’s Defense Ministry, Self - Defense Force, Israel Defense Forces Locations: Hong Kong, Tokyo, Gaza, Japan, Israel, South Africa, Itochu, Malaysia

NEW YORK (AP) — CNN's new chief executive says the company needs to recapture the “swagger and innovation” of its early days — and that, he says, increasingly means embracing a future outside of television. Mark Thompson, appointed CNN's chief executive last fall after stints at The New York Times and BBC, outlined a strategy to his staff Wednesday that included a corporate restructuring but few external specifics on how that transformation will take place. In the past, CNN hasn't always “gone the extra mile to squeeze every bit of value from the outstanding news and other intellectual property we create,” he wrote. “No longer.”He said the CNN.com website needs “drastic modernization.” The network also needs multiple digital projects to complement the CNN Max streaming service, he said. Thompson said CNN's television personalities must find multiplatform audiences, and praised Anderson Cooper's “All There Is” podcast about grief.

Persons: —, Mark Thompson, ”, Thompson, “ There's, ” Thompson, Virginia Moseley, Mike McCarthy, Alex MacCallum, It's, CNN hasn't, “, CNN Max, CNN's, Anderson Cooper's, ___ David Bauder Organizations: New York Times, BBC, ” CNN, Associated Press, CNN, Atlanta, The Washington, That's, Times, Fox, Nielsen Locations: U.S

☆ 4 things to know about Boeing and Alaska Air 1282
▼ + stars: | 2024-01-13 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

New York CNN —Boeing and US air travel are still facing the fallout a week after the dramatic in-flight door plug blowout on an Alaska Airlines Boeing 737 Max 9 last Friday. That’s the mistake, it can never happen.”Here are the latest updates on Boeing and the effects of Alaska Air flight 1282. That’s thanks to a combination of winter weather and the continued grounding of Boeing 737 Max 9 planes. A class action lawsuit was filed Thursday in Washington state against Boeing on behalf of the passengers aboard last week’s Alaska Airlines flight 1282. Some aviation experts raised questions about the structural design of the section of the Boeing 737 Max 9 that blew off the plane.

Persons: Boeing Max, Dave Calhoun, Calhoun, Max, ”, Mike Whitaker, ” Whitaker, David Soucie, Joe Sutton, Pete Muntean, Curt Devine, Ross Levitt Organizations: New, New York CNN, Boeing, Alaska Airlines Boeing, Max, United, Federal Aviation Administration, FAA, National Transportation Safety, Wednesday, CNBC, Alaska Air, United States, Alaska Airlines, CNN Locations: New York, Oregon, United States, Alaska, United, O’Hare, Midway, Washington

☆ Panera hit with another wrongful death suit over caffeinated lemonade
▼ + stars: | 2023-12-05 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

A loyal Panera customer, he started regularly ordering “charged lemonade” in late September, according to the suit. The complaint resembles another wrongful death suit filed earlier this year by the parents of Sarah Katz, a 21-year-old woman who died in September 2022 after drinking Panera’s charged lemonade. “Panera Charged Lemonade is a juice beverage marketed to children and adults alike,” the suit claims. Katz, who died last year, may have believed the caffeinated drink was regular lemonade, her parents alleged in the suit they filed against Panera. Now, a 30-ounce charged Panera drink has no more than 237 milligrams of caffeine, according to Panera’s site.

Persons: New York CNN —, Dennis Brown, Brown, Sarah Katz, Katz, Panera, “, Brown’s, Kline, Specter, ” Panera, — CNN’s Eva Rothenberg Organizations: New, New York CNN, ”, CNN, Food and Drug Administration Locations: New York

☆ Liz Cheney says some Freedom Caucus members were 'upset' when she tweeted a photo of her father, Dick Cheney, wearing a mask at the height of the COVID-19 pandemic
▼ + stars: | 2023-12-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Liz Cheney in her new book said some in the Freedom Caucus frowned on a personal June 2020 tweet. Cheney in the tweet featured her father, former Vice President Dick Cheney, wearing a mask. Mask-wearing became a polarizing subject among conservatives even during the height of the COVID-19 pandemic. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But as former Rep. Liz Cheney writes in her new book, "Oath and Honor," some members of the ultraconservative Freedom Caucus were upset when she tweeted out a photo of her father, former Vice President Dick Cheney, wearing a mask.

Persons: Liz Cheney, Cheney, Dick Cheney, —, qNNqcXzX62, hiUzrhytzs —, Donald Trump, Kevin McCarthy, Steve Scalise, Trump Organizations: Service, House Republican, hiUzrhytzs — CNN, Freedom Caucus, GOP Locations: Wyoming, United States

☆ Nelson Peltz renews proxy fight against Disney
▼ + stars: | 2023-11-30 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

New York CNN —Activist shareholder Nelson Peltz’s Trian Fund Management has launched a new proxy fight against Disney, just months after backing off from its earlier push after returned chief executive Bob Iger announced a vast cost-cutting plan for the media conglomerate. Trian declined to comment on how many seats it is seeking on Disney’s board, but said in the release that Disney has turned down its request for representation, including for Peltz. Trian’s reignition of its proxy fight comes a day after Disney revealed a shuffle to its board, with Morgan Stanley CEO James Gorman and former CEO of Sky Jeremy Darroch to join as new directors. Peltz in January launched a bid for a seat on Disney’s board after the company fired Bob Chapek in November 2022. We will be watching,” Peltz said on CNBC shortly after the conclusion of Iger’s TV interview in February, where the chief executive laid out his cost-cutting plan, addressed right-wing criticism of Disney and his decision to return to the company.

Persons: Nelson Peltz’s, Bob Iger, ” Trian, Trian, Trian’s, Morgan Stanley, James Gorman, Sky Jeremy Darroch, ” “, ” Disney, Peltz, Bob Chapek, Chapek, Iger’s, Iger, “, ” Peltz, Disney, ” Iger, I’ve, ” — CNN’s Oliver Darcy Organizations: New, New York CNN, Management, Disney, Peltz, Sky, Walt Disney Company, Disney Parks, CNBC Locations: New York, Florida

☆ Charlie Munger death: Warren Buffett’s business partner in Berkshire Hathaway passes away, aged 99
▼ + stars: | 2023-11-28 | by ( Paul R. La Monica | Krystal Hur | ) edition.cnn.com time to read: +3 min

New York CNN —Billionaire investor Charlie Munger, the long-time friend and business partner of Warren Buffett, has died. Berkshire Hathaway, the investment firm where Munger served as vice chairman, said in a press release that Munger passed “peacefully” on Tuesday morning in a California hospital. Charles Thomas Munger, known by his nickname, “Charlie,” was born on January 1, 1924, in Omaha, Nebraska. Buffett told CNBC in 2021 that after their first meeting, he knew “I’m not going to find another guy like this …. “If people weren’t so often wrong, we wouldn’t be so rich,” Munger said during a 2015 Berkshire Hathaway annual shareholders meeting.

Persons: Charlie Munger, Warren Buffett, Berkshire Hathaway, Munger, Charles Thomas Munger, “ Charlie, ”, Wall, Munger’s, “ Berkshire Hathaway, Charlie, Mohamed El, ” Whitney Tilson, Buffett, “, ” Munger, “ I’m, CNN Munger, — CNN’s Nicole Goodkind Organizations: New, New York CNN, Berkshire, US Army, University of Michigan, Harvard Law School, Berkshire Hathaway, Erian, Allianz, CNN, Forbes, CNBC, Xerox, Daily Journal Locations: New York, “, ”, California, Omaha , Nebraska, Southern California, Japan, Omaha, Berkshire, Munger, Los Angeles

☆ Sam Altman returns to OpenAI in a bizarre reversal of fortunes
▼ + stars: | 2023-11-22 | by ( Clare Duffy | David Goldman | ) edition.cnn.com time to read: +5 min

In its announcement of Altman’s firing, OpenAI claimed that Altman had been insufficiently “candid” with the board. But then hundreds of OpenAI employees, nearly the company’s entire staff, threatened to leave, potentially for Microsoft, if the company’s board didn’t resign and reinstate Altman as CEO. It’s unclear how Shear will be affected by Altman’s return. “We are encouraged by the changes to the OpenAI board,” Microsoft CEO Satya Nadella said on X. Publicly, Altman has long cautioned about risks posed by AI, and he has pledged to lawmakers and customers that he would move OpenAI forward responsibly.

Persons: Sam Altman, Bret Taylor, Adam D’Angelo, Larry Summers, “, Altman, Steve Jobs, OpenAI, Kara Swisher, Nadella, Greg Brockman, Altman’s, —, Emmett Shear, didn’t, Shear, …, ” Brockman, Satya Nadella, Jony, CNN’s Juliana Liu, Diksha Madhok Organizations: New, New York CNN, Twitter, Microsoft, CNN, Twitch Locations: New York, OpenAI, Silicon

☆ NFL denounces hate speech, says it has expressed concerns to Elon Musk’s X
▼ + stars: | 2023-11-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +1 min

CNN —After days of silence following X owner Elon Musk’s endorsement of an antisemitic post, the NFL said Tuesday that it has conveyed its displeasure with the social media company. “The NFL unequivocally denounces all forms of hate speech and discrimination,” Brian McCarthy, the NFL’s chief spokesperson, said in a statement. “We’re aware of instances of hate speech on X and have expressed our concerns directly to X both in the past and again in the last few days,” McCarthy added. Earlier this year, the NFL also expressed concern after a Media Matters report found the league’s ads were appearing next to racist accounts on the social media platform. Earlier Tuesday, an NFL executive told CNBC that it was sticking with the platform despite the rise in hate speech.

Persons: Elon Musk’s, ” Brian McCarthy, “, ” McCarthy, McCarthy, ”, Brian Rolapp Organizations: CNN, NFL, Media, Apple, Disney, Warner Bros, CNBC

☆ What OpenAI’s turmoil is really all about
▼ + stars: | 2023-11-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

OpenAI’s incredible upheaval — with former CEO Sam Altman caught in the middle — could have broad implications for who gets to control the future of artificial intelligence. However, Microsoft has already won the war: It is OpenAI’s most important stakeholder, with a promised $13 billion investment. In the past year, he has become the public face of the industry, and was instrumental in forging OpenAI’s partnership with Microsoft, which began in 2019. Altman, sources say, wanted to move quickly, while the OpenAI board wanted to move more cautiously. Both achievements are possible, and OpenAI’s strange structure — a nonprofit overseeing a for-profit company — was designed to contain AI from destroying humanity.

Persons: Sam Altman, OpenAI, ChatGPT, Altman, Greg Brockman, Satya Nadella, Kara Swisher, ”, Jason Schloetzer, Gil Luria, Davidson, “, Luria, ” Schloetzer, —, — CNN’s Clare Duffy Organizations: New, New York CNN, Microsoft, CNBC, CNN, Georgetown’s McDonough School of Business, D.A, Google Locations: New York, Silicon

HonestReporting, which describes itself as an organization devoting to fighting media disinformation about Israel and Zionism, did not specifically make those accusations against the companies. It did, however, suggest that freelance photographers whose work from that day was used by the outlets might have known. For journalists to have known about the Hamas plans in advance presents a complicated ethical question. “We raised questions and it led the media outlets to clarify the truth,” he said. “Great, that's what we do.”Both AP and CNN said Thursday that they would no longer work with Eslaiah, one of the freelance photographers.

Persons: Israel —, Reuters —, ’, ” HonestReporting, “, Gil Hoffman, ” Hoffman, ”, Yousef Masoud, Mohammed Fayq Abu Mostafa, Yasser Qudih, Israel, Julie Pace, ” Pace, Hassan Eslaiah, Ali Mahmoud, Hatem Ali, Danny Danon, Benny Gantz, Nina Berman, Hoffman, HonestReporting, Yahya Sinwar Organizations: — CNN, The New York Times, Associated Press, Reuters, New York Times, AP, Masoud, The Times, Times, Protect Journalists, Columbia University, CNN Locations: Israel, Gaza, Jerusalem

☆ Climate protesters interrupt speech by Fed Chair Powell — for the second time in a month
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —Federal Reserve Chair Jerome Powell is leaving the door open for additional interest rate hikes to defeat inflation, he said Thursday in prepared remarks. However, investors are bullish about another pause in rate hikes next month, according to fed funds rate futures. As Powell began to deliver his speech, he was interrupted by climate protesters who made their way onto the stage. That could potentially be a headache for the Fed, since strong demand could be maintaining some upward pressure on prices. Richmond Fed President Thomas Barkin hinted that the Fed could forgo additional action because the economy perhaps hasn’t felt the full impact of the Fed’s previous 11 rate hikes just yet.

Persons: Jerome Powell, “, ” Powell, Powell, Stocks, Dow, Kathleen O’Neill Paese, Thomas Barkin, hasn’t, ” Barkin, — CNN’s Krystal Hur Organizations: DC CNN — Federal, International Monetary Fund, Economic, of New, Nasdaq, Treasury, Interim Kansas, Richmond Fed Locations: Washington, Washington ,, of New York, Jeffersonville , Indiana, New Orleans

☆ Three things you can do if your bank deposits were delayed
▼ + stars: | 2023-11-06 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +3 min

The situation is not yet fully resolved, and it’s unclear just how many banks were affected, although Bank of America, Chase and US Bank have confirmed they are among them. That would include an overdraft fee from your bank if a payment was made from your account before an expected deposit showed up. But if it’s not, contact your bank and let them know the situation needs to be corrected. You also want to avoid a late fee or penalty interest from a creditor if your payment got delayed. “The key is providing verifiable documentation that the delay was not your fault.”At the moment it’s not clear whether or how every affected bank is notifying their customers.

Persons: ”, Bruce McClary, ” McClary, Thomas Kelly, it’s, McClary, you’re, — CNN’s Matt Egan Organizations: New, New York CNN, Bank of America, Chase, US Bank, National Foundation, Credit, JPMorgan Chase, Consumer Financial Protection Bureau Locations: New York, —

☆ The Big Three are paying a big price to end the UAW strike, but car buyers may get spared
▼ + stars: | 2023-10-30 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

Ford was the first to announce it reached a tentative agreement with the UAW on Wednesday. A brief refresherThe strike, which began nearly seven weeks ago, has been the longest US auto strike in 25 years. What will this mean for car prices? Now you’d think people in the market for a new car would pay the price, by way of higher car prices, given all the added costs the Big Three will face if the tentative deals go into effect. That’s because the historic strike doesn’t officially end until it is ratified by rank-and-file members.

Persons: —, Ford, it’s, Vanessa Yurkevich, Chris Isidore — CNN’s, there’s, CNN’s Yurkevich, Isidore Organizations: New, New York CNN, United Auto Workers, — Ford, General Motors, UAW, Anderson Economic Group, Big Three, Ford, Stellantis, GM Locations: New York

Tokyo CNN —China has formally arrested a Japanese man who was detained in March, according to officials from Japan’s Ministry of Foreign Affairs (MOFA) and the Japanese Embassy in Beijing. The arrest of the Japanese national, who was reportedly an employee of a Tokyo-based pharmaceutical firm, could further rattle foreign businesses in China, which have reported feeling more unsettled this year amid a crackdown on international consulting firms on national security grounds. According to Japanese public broadcaster NHK, the man was an employee of drugmaker Astellas Pharma and was detained in March by Chinese security authorities in Beijing on suspicion of violating the country’s criminal law and anti-espionage law. In May, state security authorities said they had raided several offices of Capvision, an advisory network. The issue has been cited as headache for foreign businesses, some of which were already having trouble convincing workers to relocate to China.

Persons: Hirokazu Matsuno, Japan’s MOFA, Mao Ning, “, ”, Weeks, Bain, — CNN’s Michelle Toh, Sophie Jeong, Mengchen Zhang Organizations: Tokyo CNN, Japan’s Ministry of Foreign Affairs, Embassy, NHK, drugmaker, Pharma, CNN, Foreign Ministry, Ministry of State Security, Mintz Group, American Chamber of Commerce, China’s Commerce Ministry, State Administration of Foreign Exchange Locations: China, Tokyo, Beijing, MOFA, Shanghai, Hong Kong

Search resuls for: "— CNN"

25 mentions found