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☆ The Houthis are getting smarter with their Red Sea attacks, and the ships sailing these waters are paying the price
▼ + stars: | 2024-06-29 | by ( Jake Epstein | ) www.businessinsider.com time to read: +10 min

'A useful disguise' for the HouthisBetween December and March, Houthi attacks damaged at least 19 commercial ships, according to a June 13 report published by the Defense Intelligence Agency. US Central Command via AP, FileThe following weeks saw a decrease in the pace of successful Houthi attacks. AdvertisementYemen's Houthi group released a video showing an explosive-laden drone boat target a commercial vessel earlier this month. AdvertisementDouble taps and drone boatsBeyond the recent double-tap strikes, the Houthis' ability to learn from past attacks is visible in their drone boat operations. In this photo released by the French military, the MV Tutor sinks in the Red Sea after it was struck by a Houthi drone boat.

Persons: —, Archer Macy, Behshad, Houthis, Brian Carter, Ambrey, Carter, they're, des, they'll, Macy, they've, Alex Stark, John Kirby, Kirby, Yemen —, Dwight D, Theodore Roosevelt Carrier, Stark Organizations: Service, Business, US Navy, Defense Intelligence Agency, US military's Central Command, US, Command, AP, Military Times, American Enterprise, Houthi Media, Getty, des Armées, AP Experts, Center for Strategic, Studies ' Missile Defense, RAND Corporation, National Security, Eisenhower, Eisenhower Carrier Strike, Theodore Roosevelt Carrier Strike Group Locations: Gulf of Aden, Iran, Iranian, Yemen, Tehran, Israel, Gulf, Aden, Ukraine, Russian, Red, France, Sanaa

☆ EV sales have hit a speed bump. Using AI to improve their batteries could get more people back in the driving seat.
▼ + stars: | 2024-06-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Chemix is using machine-learning algorithms to develop EV batteries that can charge more quickly, hold more energy, and last longer than current EV power units. Koeller said the primary advantage of using AI to design EV batteries is that it dramatically speeds up the process. Better EV batteriesDesigning EV batteries is a three-step process, Georgia Tech assistant professor Micah Ziegler told BI. The solid-state electrolyte they discovered relies less on lithium, an increasingly rare resource that forms the core of today's EV batteries. Mueller said that PNNL's collaboration with Microsoft has convinced him that generative AI could have applications far beyond speeding up EV battery design.

Persons: —, Jason Koeller, Koeller, Micah Ziegler, Ziegler, Karl Mueller, Mueller, it's Organizations: Service, Business, EV, Georgia Tech, BI, Pacific Northwest National Laboratory, Microsoft Locations: California

☆ Step into the daily lives of Canyon Coffee's cofounders. Here's how they balance business, family, and finances.
▼ + stars: | 2024-06-28 | by ( Sponsor Post | Sponsored Apple Card | ) www.businessinsider.com time to read: +10 min

4 You can choose to direct Daily Cash to a Savings account or to an Apple Cash card. By opening a Savings account, Apple Card Owners and Co-Owners are affirmatively electing to have all future Daily Cash automatically deposited into their respective Savings account. Daily Cash may not be divided between Apple Cash Card and Savings accounts. To access and use all Apple Card features and products available only to Apple Card users, you must add Apple Card to Wallet on an iPhone or iPad that supports and has the latest version of iOS or iPadOS. If you reside in the U.S. territories, please call Goldman Sachs at 877-255-5923 with questions about Apple Card.

Persons: Wojtalewicz, Ally Walsh, Casey, Ally, Casey Wojtalewicz, she'll, they're, Daily Cash, Cash, Goldman Sachs Organizations: Apple, Apple Card, Coffee, Savings, Daily, Insider Studios, Goldman Sachs Bank, Salt Lake City Branch, FDIC, Green Dot Bank, Branch, Member FDIC, Apple Cash Card, Minor Outlying Locations: Los Angeles, Echo Park, LA, Salt Lake City, Daily, Salt Lake, American Samoa, Guam, Northern Mariana Islands, United States, U.S

Charges against Trump not likely affectedThe people who pushed their way into the Capitol aren’t the only ones who are facing the obstruction charge. But even before the court’s decision was handed down, Smith made clear that the charge was based on different circumstances in Trump’s case. The Supreme Court’s opinion did not address the fake electors scheme specifically. What is far more important for Trump is the Supreme Court’s pending decision on immunity. The Justice Department has taken steps for months in its prosecutions of rioters to shore up the obstruction charges.

Persons: Donald Trump, Neil Gorsuch, Brett Kavanaugh –, Biden, Trump, Jack Smith, Smith, John Roberts, nodded, –, General Merrick Garland, Garland, Jackson, Barrett, Fischer, Ketanji Brown Jackson, Roberts, Amy Coney Barrett, “, ”, ” Jackson, Joseph Fischer, Fischer “, ” Barrett, CNN’s Kristen Holmes, Paula Reid Organizations: CNN, Capitol, Trump, Enron, Trump . Trump, Justice Department, Department, The, Republican, Democratic, United States Capitol Locations: Pennsylvania

☆ Inside Rudy Giuliani's bankruptcy spending: $100 on pizza, $4 polyester ties, and 'deep bronze' tanning lotion
▼ + stars: | 2024-06-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

They also include quite a few Amazon purchases, including cheap ties and "deep bronze" tanning lotion. For the first time, Giuliani disclosed the financial details of Giuliani Communications, the company he owns that produces his video livestreams on social media. On a monthly basis, Giuliani Communications spends more money than it makes — even before the WABC cancellation. Earlier filings were compiled by Joseph Ricci, an accountant whose firm was paid $4,000 by Giuliani Communications in May. Ricci has since declined to work on the banruptcy, Giuliani's lawyers have said.

Persons: —, Rudy Giuliani, Giuliani, Maria Ryan, it's, Donald Trump, Tanner, Bice, Giuliani —, Wandrea Moss, Ruby Freeman, Jose Luis Magana It's, Giuliani's, Mike Lindell, John Catsimatidis, Ryan Organizations: Service, New, New York City, Business, Giuliani Communications, New York, eBay, Verizon, Citi, AP, Giuliani's, WABC, Republican Locations: New York, Arizona, New York City, Amazon, Manhattan, Palm Beach, Washington , DC, MyPillow, American

☆ Here's where Trump and Biden stand on reining in soaring home prices and rents ahead of their first debate
▼ + stars: | 2024-06-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

Former President Donald Trump has promised to attack President Joe Biden specifically on inflation. Even as the Federal Reserve has raised interest rates, demand and prices have stayed high, keeping housing inflation stubbornly elevated. Where Trump standsAs president, Trump didn't pursue as many policies directly intended to make housing more affordable. While in office, Trump's proposed budgets included significant cuts to agencies that provide federal housing subsidies, including the Department of Housing and Urban Development. Trump hasn't talked much about housing policy on the campaign trail, despite arguing that Biden hasn't done enough to control housing costs.

Persons: Donald Trump, Joe Biden, Trump, Biden, —, James Marshall, I'm, Kamala Harris, Janet Yellen, haven't, Trump's, suburbanites, Obama, Karoline Leavitt Organizations: Service, Business, Harvard, Federal Reserve, Tax, Union, Republicans, Biden, Department of Housing, Urban Development, Center, Budget, Trump, Homeless, NPR Locations: homeownership, Vegas, State, Nevada, Las Vegas

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Broadcom, Micron, Goldman Sachs, Carvana, Arista & more
▼ + stars: | 2024-06-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Goldman Sachs reiterates Micron as buy Goldman said investors should buy the dip in the stock following earnings on Wednesday. Jefferies reiterates Nvidia, Marvell and Broadcom as buy Jefferies said it's sticking with its buy rating on all three companies. " Morgan Stanley initiates Viking Therapeutics as overweight Morgan Stanley said the biotech company has "best-in-class potential." Morgan Stanley adds Goldman Sachs to the financials finest list Morgan Stanley added the investment banking giant to its top financials ideas list. Morgan Stanley reiterates Coca-Cola as overweight Morgan Stanley said it's sticking with its overweight rating on the beverage giant.

Persons: Goldman Sachs, Goldman, Bernstein, Apple, Mizuho, KBW, it's, Jefferies, AVGO, KeyBanc, Texas Consolidator, TD Cowen, Grindr, GRND, Morgan Stanley, JPM, Oppenheimer, Kyndryl, CVNA, Truist Organizations: Micron, Apple, Bank of America, Petrobras, of America, Mizuho, Holdings, Grab Holdings, New York Mellon, Deutsche Bank, Emerson Electric Deutsche Bank, Nvidia, Marvell, Broadcom, Energy, Crescent Energy Co, Citi, Arista Networks, Arista, Viking Therapeutics, Macquarie, TPG, Markets, JPMorgan, Bancorp, UBS, Disney, Cable Locations: MU, Brazil, Texas, North America, CA

☆ Why an Israel-Hezbollah war would be far more dangerous today than the last time around
▼ + stars: | 2024-06-27 | by ( Ben Wedeman | ) edition.cnn.com time to read: +7 min

Since its inconclusive 2006 war with the Lebanese militant group, Israel has been planning for a re-match. During the 2006 war, in the experience of this correspondent, it was rare to encounter Hezbollah fighters. In the event of war, full-scale war, both sides will be able to inflict significant pain on the other. In the entire 34-day war of 2006 Hezbollah is estimated to have fired around 4,000 rockets – a daily average of 117. At 6 a.m. on July 13, 2006 – less than 24 hours after the start of the war – Israeli warplanes bombed and knocked out Beirut’s Rafic Hariri International Airport.

Persons: CNN —, Benny Gantz, Hassan Nasrallah, – Nasrallah, Avihu Shapira, Gantz, Beirut’s Rafic, –, Israel, Iran’s, Qais Al, Ahl Al, Haq, Lebanon “ Organizations: CNN, Reichman University, Israel, Getty, Beirut’s Rafic Hariri International Airport, Tel Aviv’s Ben Gurion International, Washington Locations: Lebanon, Herzliya, Israel, Lebanese, Haifa, Syria, Gaza, Iraq, Iran, It’s, Israel’s, Yemen, Red, Jordan, America, Tehran, Damascus, Hormuz, Persian, Germany, Sweden, Kuwait, Netherlands

☆ These 4 words can make you more influential at work, experts say: 'It suggests you're more confident'
▼ + stars: | 2024-06-27 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

Getting your colleagues and bosses to listen to your ideas at work doesn't have to be hard — if you know what to say. You can gain influence at work by incorporating a handful of specific words into your vocabulary, according to a variety of experts and research. "Like suggests a personal preference, while recommend suggests others will enjoy it as well," Berger tells Make It. "If you're willing to say not just that France was fun, but it is fun; not just that this book had a great plot, but it has a great plot; when you're generalizing beyond the past, it suggests you're more confident or certain about what you're saying," Berger told the "Knowledge at Wharton" podcast last year. We'll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression.

Persons: Matt Abrahams, Abrahams, Wharton, Jonah Berger, Berger, —, endorsers, Pryor Organizations: Stanford University, CNBC, Harvard University, Xerox, Wharton, Stanford Graduate School of Business Locations: France, Philadelphia

☆ Ancient bone shows how Neanderthals cared for the vulnerable, study says
▼ + stars: | 2024-06-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

The find suggested that members of the community cared for and looked after the vulnerable child, who lived at least 146,000 years ago. The research is at odds with the image of Neanderthals, ancient human relatives who went extinct around 40,000 years ago, as brutish cavemen. The study did not include precise dating of the bone, which would require extraction of ancient DNA, but Neanderthals occupied the site 146,000 to 273,000 years ago. Study of the fossil revealed abnormalities in the ear bone. “For decades, it has been known that Neanderthals cared for and looked after their vulnerable companions,” Conde-Valverde said.

Persons: ”, paleoanthropologist Mercedes Conde, Valverde, “, Conde, ” Conde, Mercedes Conde, Julia Diez, Chapelle, Penny Spikins, Spikins, wasn’t Organizations: CNN, University of Alcalá, Syndrome, Valero, University of York Locations: Spain, Spain’s Valencia, Conde, United States, what’s, Iraq, France, United Kingdom

☆ US stockpiles of the rare earth minerals it would need to fight a war against an adversary like China are a mystery, and experts warn it's a problem
▼ + stars: | 2024-06-27 | by ( Kelsey Baker | ) www.businessinsider.com time to read: +8 min

Part of the military's mission at home is to keep stockpiles of goods like critical minerals on hand for emergency wartime use. In the dark on the stockpileAlthough the name suggests otherwise, rare earth minerals are not exactly rare — in fact, they're relatively plentiful. The Biden administration began cutting American imports of Chinese rare earth minerals a few years ago in an effort to decrease US reliance on China for critical minerals. Submarines, fighter aircraft, magnets used in missiles, radar systems, and drones all require critical earth minerals for manufacturing. AdvertisementA past report for Congress on rare earth minerals for national defense, for instance, noted that a single Virginia-class submarine requires 9,200 pounds of rare earth minerals, while an Arleigh Burke-class destroyer requires 5,200 pounds.

Persons: —, Biden, Lockheed Martin, Gregory Wischer, Wischer, Arleigh Burke, Halsey, Sampson, Chris Williamson Fabian Villalobos, Locke Organizations: Service, Business, Pentagon, Lockheed, Getty, Gratia, Defense Logistics Agency, of, Department of Defense, Defense Industrial Strategy, . US, Pacific, DoD, Materials, Lynas, Joint Base, Hickam . US Navy, RAND Corporation, National Defense, NDS, Industrial Base Locations: China, Fort Worth, Virginia, Arabian, Japan, South Korea, United States, California, Lynas USA, Texas, Vermont, Hickam

☆ Fact checking the CNN presidential debate
▼ + stars: | 2024-06-27 | by ( Cnn Staff | ) edition.cnn.com time to read: +69 min

CNN —President Joe Biden and former President Donald Trump faced off during CNN’s presidential debate in Atlanta Thursday night. From CNN’s Daniel DaleFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. From CNN’s Daniel Dale and Ella NilsenFormer President Donald Trump, left, and President Joe Biden take part in the CNN presidential debate on Thursday, June 27. From CNN’s Alicia WallaceFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. Kpler found that China imported about 511,000 barrels per day of Iranian crude in December 2020, Trump’s last full month in office.

Persons: Joe Biden, Donald Trump, Biden, Trump “, “, ” Trump, ”, Trump, ” John Kelly, servicemembers, Kelly, Jim Sciutto, Daniel Dale, Kaanita Iyer, Roe, Wade, That’s, Wade ”, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Trump’s, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, ’, Will Lanzoni, ” Biden, corpsman —, Hamid Karzai, CNN’s Haley Britzky, didn’t, Priscilla Alvarez, George Floyd, Tim Walz, Walz, Paul –, CNN’s Holmes Lybrand, Daniel Dale FACT, European Union won’t, Ella Nilsen, Jill Biden, Jake Tapper, Dana Bash, Adam Rose, CNN US Sen, Marco Rubio, CNN Trump, Austin Steele, CNN Biden, Tristen Rouse, CNN Tapper, Robert F, Kennedy Jr, Kennedy, CNN MJ Lee, Mandel Ngan, Megan Varner, Reuters Kennedy, Burk Stringfellow, Iran “, Mike Pompeo, ” Pompeo, Tami Luhby Trump, CNN’s KFILE, weren’t, Hillary Clinton, affirmatively, it’s, what’s, –, Alicia Wallace, Obama, CNN’s Ella Nilsen, you’re, Biden’s, Hunter Biden, Joe Biden’s, Viktor Shokin, Shokin, CNN’s Marshall Cohen, “ It’s, Rick Muskat, CNN.So, Morgan, Katie Lobosco, Alvin Bragg’s, Bragg, Jack Smith, Smith, General Merrick Garland, Garland, Matthew Colangelo, Colangelo, I’ve, there’s, Iran haven’t, ” Matt Smith, Ali Vaez, Kpler, Gary Engelhardt, Jason Richwine, ” Richwine, Tami Luhby, Confederate, Robert E, Lee, marchthat, “ I’m, Elle Reeve, Ralph Northam, Jen Christensen, ” Trump’s, Ronald Reagan’s, Barack Obama, George W, ‘, ’ ” Trump, CNN’s Jen Christensen, Pelosi, Nancy Pelosi, “ Nancy Pelosi, …, Alexandra Pelosi, Aaron Bennett, Cherry, Christopher Miller, Miller, Charis Kubrin, CNN’s Catherine Shoichet, ” Kubrin’s, Graham Ousey, College of William & Mary, Erwan, George Washington, Marshall Cohen, ” Howard Gleckman, Gleckman, Emmanuel Saez, Gabriel Zucman “, Howard Gleckman, ” Gleckman Organizations: CNN, Trump, Homeland Security, SSRS, Marquette Law School, NBC, Gallup, ” Rutgers Law, American University, university’s Health, University of California, Atlanta, US Navy, Border Patrol, Border Patrol Council, National Guard, Minneapolis Former, Minnesota Democratic Gov, Minnesota National Guard, Guard, EU, European Union, US, European Automobile Manufacturers ’ Association, CNN US, Biden, House, CNN Biden's, CNN Biden, White House, Getty, Reuters, State, Medicare, Black, of Labor Statistics, Republican, Burisma Holdings, International Monetary Fund, Republicans, House Republicans, US International Trade Commission, US Customs, Deer Stags, Peterson Institute for International Economics, Justice Department, DOJ, DC, federal, Department, Democrat, Americas, Crisis, Social Security, Social, General Internal Medicine, “, Syracuse University, Center for Immigration Studies, Electoral, White, Nazi, US Centers for Disease Control, Former Virginia Gov, United, China Former, China, Hamas, ISIS, Trump’s, Democratic, Congressional, Capitol, Colorado Supreme Court, US Food, Guttmacher Institute, California Democrat, Capitol Police Board, Senate, District of Columbia National Guard, College of William &, NATO, Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, Urban, Brookings Tax, Urban Institute, ”, Tax, Center Locations: Atlanta, France, Afghanistan, Kabul, Jordan, Iran, Somalia, Yemen, Yakushima Island, Japan, Minneapolis, Portland, Minnesota , Minneapolis, St, EU, Georgia, CNN's, Washington ,, AFP, Lebanon, Israel, what’s, Paris, China, India, Russia, United States, Ukrainian, Ukraine, lockstep, American, Manhattan, New York , Georgia, Florida, Washington, New York, York’s, Mexico, Kpler, Malaysia, Charlottesville, Charlottesville , Virginia, White, Virginia, Northam, East, “, New York City, Saudi, al Qaeda, Texas, Colorado, California, Trump, Irvine, Germany, Berkeley

☆ US new home sales plunged unexpectedly last month
▼ + stars: | 2024-06-26 | by ( Bryan Mena | ) edition.cnn.com time to read: +2 min

Washington CNN —Sales of newly built homes dropped last month as mortgage rates remained elevated. New home sales, which make up only about 10% of the market, fell 11.3% in May from the prior month, to 619,000, according to government data released Wednesday. That was the steepest monthly decline since September 2022 and marks the lowest level since November. Mortgage rates soared to the highest level of the year in early May and have since trended down. “Persistently high mortgage rates are keeping many prospective buyers on the sidelines,” NAHB chairman Carl Harris said in a release.

Persons: That’s, “, ”, Carl Harris Organizations: Washington CNN —, Federal, National Association of Home Builders, Housing, “ Locations: Wells Fargo

☆ The US Navy's turning to its third carrier strike group as its warships react to Middle East conflicts with no end in sight
▼ + stars: | 2024-06-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

The USS Theodore Roosevelt Carrier Strike Group is currently in South Korea, but it will soon depart for the US Central Command area of responsibility. US Navy photo via APA carrier strike group is a naval formation that includes a carrier, its air wing, and several other warships such as cruisers and destroyers. Eisenhower strike groupThe Dwight D. Eisenhower Carrier Strike Group first deployed to the Eastern Mediterranean in October, bringing in more firepower alongside the Ford. Roosevelt strike groupSlated to replace the Eisenhower is the USS Theodore Roosevelt Carrier Strike Group. As for the other crises, the incoming Roosevelt carrier strike group has its work cut out for it.

Persons: —, Theodore Roosevelt Carrier, Gerald R, Ford refuels, Arleigh Burke, Thomas Hudner, Ramage, USS Carney, Roosevelt, Carney, Eisenhower, Dwight D, Ike, Theodore Roosevelt, Kyung, Maj, Pat Ryder, Ryder, Israel Organizations: Service, US Navy, Theodore Roosevelt Carrier Strike, US Central Command, CSG, Business, Pentagon, Ford Carrier Strike Group, AP, Ford, Ticonderoga, Eisenhower Carrier Strike Group, Eisenhower, British, European Command Locations: —, Gaza, South Korea, Gulf of Aden, Israel, Lebanon, Laramie, Normandy, Iran, Persian, Gulf, Aden, Yemen, Busan

☆ Bloomberg: Supreme Court appears to side with Biden admin in abortion case, according to draft briefly posted on website
▼ + stars: | 2024-06-26 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

The release was a stunning development at the Supreme Court, which usually safeguards the release of its opinions. The abortion case was considered among the most significant of the current term that is winding down ahead of the July 4 holiday. A Supreme Court spokeswoman confirmed that a “document” was “inadvertently and briefly uploaded” to the court’s website. The decision came days after the Supreme Court unanimously rejected an effort by anti-abortion groups to limit access to the abortion pill mifepristone. In January, the Supreme Court agreed to decide the case and allowed the law to take effect while it did so.

Persons: Roe, Wade –, Biden, ”, “, Patricia McCabe, Elena Kagan, Justice Ketanji Brown Jackson, wouldn’t, Steve Vladeck, Case, Reagan, Elizabeth Prelogar, Prelogar, Amy Coney Barrett, Joshua Turner, Weeks Organizations: CNN, Bloomberg News, Bloomberg, Supreme, Politico, US, Justice, University of Texas School of Law, of Justice, White, Justice Department, Idaho, Labor, Biden, Republican Locations: Idaho

☆ Some countries are cutting down their workweeks. Greece is doing the exact opposite.
▼ + stars: | 2024-06-26 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewAs countries and companies worldwide trial a shorter workweek, one economy is moving to a six-day workweek. The employer has the authority to require staff to work a sixth day in the week and staff cannot refuse to work, he said. In 2023, 179 workers were killed in accidents at work in Greece, up from 104 the year before, DW reported. Per the OECD, they work an average of 36 hours a week, while workers in France, Netherlands, and Germany work less than 30 hours. AdvertisementGreece's reform is a stark contrast to initiatives other countries are taking to reduce the number of working days.

Persons: —, Aris, Kazakos Organizations: Service, Business, Workers, Aris Kazakos, Aristotle University of Thessaloniki, DW, OECD Locations: Greece, France, Netherlands, Germany

The plea deal allows Assange to avoid prison in the US and return to his native Australia. “That never came up in our conversations,” said David Stilwell, the State Department assistant secretary for the Pacific region during the Trump administration. Sessions’ focus on national security-related leaks was “probably one of the reasons why the [Assange] case had more traction,” Hickey told CNN. Hickey said he was not involved in the Assange case when he was a senior official at DOJ’s National Security Division from 2016 to 2023. Stilwell, the former State Department official under the Trump administration, pushed back on the Assange plea deal.

Persons: Julian Assange, Assange, Biden, Trump, ”, David Stilwell, Anthony Albanese, Joe Biden, General Merrick Garland, Chelsea Manning, Manning, Barack Obama, Obama, Trump’s, Jeff Sessions, Adam Hickey, ” Hickey, Hickey, “ Assange, who’s, Mayer Brown, Garland, Andrew McCabe, “, it’s, ” McCabe, Stilwell, ” Stilwell, Bradley Moss, would’ve, ” Moss, ” CNN’s Zachary Cohen, Marshall Cohen, Kevin Liptak Organizations: CNN, United, Wikileaks, State Department, Australian, Justice Department, FBI, Northern, London’s, US Justice Department, White, Pentagon, Army, Assange ., Department, Obama, Biden, DOJ’s National Security Division, Protect Journalists, Amnesty International, American Civil Liberties Union, Computer, Ecuadorian Locations: United States, Washington, London, Stockholm, Quito, Ecuador, Australia, Pacific, Virginia, London’s, Northern Mariana Islands, Iraq, Guantanamo, Washington ,

☆ Gaza population at risk of famine as it continues to face emergency levels of hunger, report finds
▼ + stars: | 2024-06-25 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +6 min

“A high risk of famine persists across the whole of the Gaza Strip as long as conflict continues and humanitarian access is restricted,” the report said. The Rafah crossing – a key transitway for humanitarian aid to Gaza – has been closed since early May, and only a handful of other land crossings remain open. Humanitarian aid workers continue to face tremendous risks to try to distribute the desperately needed aid to Gaza. “The humanitarian space in the Gaza Strip continues to shrink and the ability to safely deliver assistance to populations is dwindling,” the report said. “The humanitarian situation is deteriorating rapidly, and the specter of famine continues to hang over Gaza,” Phillips-Barrasso told CNN.

Persons: “, Gaza –, Netanyahu, Joe Biden, Israel, Matthew Miller, dory, it’s, ”, Cindy McCain, “ There’s, It’s, Kate Phillips, ” Phillips, Barrasso, Philippe Lazzarini Organizations: CNN, Hamas, Integrated, IPC, ”, Food, Mercy Corps, “, UNRWA Locations: Gaza, Israel, Rafah, United States

☆ Biden administration moving towards allowing American military contractors to deploy to Ukraine
▼ + stars: | 2024-06-25 | by ( Natasha Bertrand | Oren Liebermann | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration is moving toward lifting a de facto ban on American military contractors deploying to Ukraine, four US officials familiar with the matter told CNN, to help the country’s military maintain and repair US-provided weapons systems. The change would mark another significant shift in the Biden administration’s Ukraine policy, as the US looks for ways to give Ukraine’s military an upper hand against Russia. The policy is still being worked on by administration officials and has not received final sign-off yet from President Joe Biden, officials said. Allowing experienced, US government-funded American contractors to maintain a presence in Ukraine means they will be able to help fix damaged, high-value equipment much faster, officials said. The discussions follow a series of decisions the US has made in recent months to try to help Ukraine beat back the Russians.

Persons: CNN —, Biden, Joe Biden, “, ”, Jake Sullivan, Alex Vindman, Donald Trump’s, Vindman, ” Vindman Organizations: CNN, Biden, Russia, ”, Pentagon, State Department, Administration, Ukraine, National, European Affairs, Donald Trump’s National Security Council Locations: Ukraine, Russia, Ukrainian, Poland, Romania, Kharkiv, Iraq, Afghanistan

☆ Early divisions signal bitter internal conflicts as Supreme Court turns toward final decisions
▼ + stars: | 2024-06-25 | by ( John Fritze | ) edition.cnn.com time to read: +9 min

Even as the court is sometimes finding wider-than-expected majorities for relatively limited outcomes, the nine justices are regularly in conflict over the meaning of decisions. A number of lower-profile cases have also sparked deep doctrinal divisions, even when the final vote count is lopsided. “It does seem, at least anecdotally, unusual to have this many separate opinions in cases with relatively lower stakes,” said Steve Vladeck, CNN Supreme Court analyst and professor at the University of Texas School of Law. The Supreme Court earlier this month tossed out an appeal from anti-abortion doctors challenging expanded access to the abortion pill mifepristone. Among them, Justice Sonia Sotomayor slammed the court’s majority opinion for its reliance on history to decide the trademark dispute.

Persons: ”, Steve Vladeck, “, dinged, councilwoman, Brett Kavanaugh, ” Kavanaugh, Donald Trump, Jack Smith’s, yank Trump, Trump, Amy Coney Barrett, Samuel Alito, Kavanaugh, ” Barrett, Aziz Huq, Huq, Moore, John Roberts ’, hasn't, Neil Gorsuch chimed, Justice Ketanji Brown Jackson, ” Alito, Clarence Thomas, Alito, it’s, Sylvia Gonzalez, Florida GOP Sen, Marco Rubio, Sonia Sotomayor Organizations: CNN, University of Texas School of Law, Trump, Capitol, University of Chicago, New York, Police, Florida GOP, Republican Locations: Moore, Texas, Trump, concurrences

☆ FedEx shares jump after hours as massive cost-cutting measures kick in
▼ + stars: | 2024-06-25 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +4 min

FedEx shares soared more than 15% after hours Tuesday after the company reported results that topped analysts' estimates in both earnings and revenue. FedEx further expects the demand environment to moderately improve through the next fiscal year, according to Carere. Investor's eyes are also on the company's largest segment Express, which has been struggling with margin growth the past year. Subramaniam said improving performance of the Express segment is a "top priority" for the company. USPS was the largest customer for the company's Express segment.

Persons: Brie Carere, Carere, Raj Subramaniam, Subramaniam, John Dietrich Organizations: FedEx, LSEG, Services, Federal Express Corporation, U.S . Postal Service, United Parcel Service, UPS, USPS Locations: United States

☆ Travelers could see higher fares, fewer available seats as Airbus cuts number of planes it expects to make this year
▼ + stars: | 2024-06-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Airbus cut its target for how many planes it expects to make this year and next, citing supply chain issues. The tighter-than-expected supply of jets is forcing airlines to adjust their expansion plans, even as they deal with record demand for air travel. That means that passengers could find fewer available seats and fares that are higher than they would be otherwise. But airlines that use Airbus planes have not been without problems, as a number of A320neo jets have been grounded due to problems with their engines. Airfares were down 13% to nearly 19% from those 2022 peaks during the summer travel months last year, as the number of available seats on planes rose by about 15% from a year earlier.

Organizations: New, New York CNN, Airbus, Boeing, Max Alaska Air, Monday Airbus, TSA, Consumer, Bureau of Transportation Statistics Locations: New York, Paris

☆ US carrier strike group's new video captures the Navy's explosive front-line combat in the Red Sea
▼ + stars: | 2024-06-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementAn F/A-18E Super Hornet launches from the flight deck of the USS Dwight D. Eisenhower in the Red Sea on April 12. AdvertisementThe USS Dwight D. Eisenhower conducts flight operations in the Red Sea on Feb. 23. The aircraft carrier USS Dwight D. Eisenhower sails in the Mediterranean Sea on Nov. 3, 2023. AdvertisementThe Ike and its escort warships will soon be replaced by the USS Theodore Roosevelt Carrier Strike Group, which has been operating in the Indo-Pacific region. The changing of America's Middle East naval presence comes amid a particularly active stretch for the Houthis.

Persons: —, Dwight D, Eisenhower, Ike, Lloyd Austin, Arleigh Burke, IKE, Kavon Hakimzadeh, Navy Petty, Theodore Roosevelt Carrier Organizations: Service, Business, Aircraft, Hornet, US Navy, US, Eisenhower, Defense, Pentagon, Ticonderoga, Fleet, Carrier Strike, Navy, Theodore Roosevelt Carrier Strike Locations: Iran, Gulf, Aden, Yemen, Britain, France, East

☆ US soldiers just put the Army's new Precision Strike Missile to the test against a moving sea target in the Pacific
▼ + stars: | 2024-06-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewThe US Army tested its new strike missile against a moving sea target in the Pacific earlier this month. The recent strike marked a "significant milestone" in the development of the new Precision Strike Missile, the Army said. The PrSM, a next-generation long-range precision strike weapon, will eventually replace the older MGM-140 Army Tactical Missile Systems, or ATACMS. The exercise involved the US Army's prototype Autonomous Multi-Domain Launcher and two Precision Strike Missiles, which were "able to engage a moving maritime target in conjunction with other Joint assets." An Army Tactical Missile System during live-fire testing at White Sands Missile Range in New Mexico on December 14, 2021.

Persons: —, Lockheed Martin, White, John Hamilton, Technology Doug Bush Organizations: Service, US Army, Army, MGM, Tactical Missile Systems, Business, Valiant, High, Artillery Rocket Systems, Systems, Lockheed, Pentagon, Army Tactical Missile System, White, Artillery, Acquisition, Logistics, Technology, Ship Locations: Palau, Cleveland, Austin, New Mexico, China

☆ Oracle warns that a TikTok ban would hurt business
▼ + stars: | 2024-06-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

A U.S. ban of TikTok might hurt Oracle 's business, the software company acknowledged in its annual report on Monday. TikTok said Oracle would also be responsible for compiling the app and delivering it to third-party app stores. "The one thing I can tell you is we have an excellent relationship with the folks at TikTok," Oracle CEO Safra Catz said on a 2022 conference call with analysts. Following the bipartisan legislation this year targeted at TikTok, and Biden's signing of the bill mandating its sale, TikTok filed a lawsuit arguing that the law violates First Amendment free speech protections. Oracle's cloud infrastructure revenue for the fiscal year came to $6.9 billion.

Persons: Safra, Oracle, Joe Biden, Donald Trump, Weeks, TikTok, Safra Catz, Frank McCourt, Steven Mnuchin, Oracle hasn't, TikTok didn't, Carnegie's Peter Harrell Organizations: Oracle, Capitol, Palantir Technologies, Oracle Corp, Hamas, Microsoft, U.S . Treasury Department Locations: Washington, Israel, Gaza, U.S, China, TikTok, Texas

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