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☆ Stocks making the biggest moves midday: Gap, MongoDB, Dell Technologies and more
▼ + stars: | 2024-05-31 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Check out the companies making headlines in midday trading: Dell Technologies — The software stock plunged 22% after executives cautioned that its gross margins could face more pressure in 2025. Zscaler — Shares added 5.2% after the cloud security company posted a fiscal third-quarter earnings and revenue beat. Gap — The clothing retailer soared 26% after posting fiscal first-quarter earnings per share of 41 cents, higher than the 14 cents analysts surveyed by LSEG had expected. The company beat earnings and revenue expectations for the April quarter, but still saw slower-than-expected consumption growth. SentinelOne expects its revenue to fall between $808 million to $815 million in 2024, which was lower than the $817 million forecast by LSEG.

Persons: Zscaler, LSEG, Nordstrom —, Nordstrom, chipmaker, Marvell, MongoDB, Sun Choe, Choe, Cooper, Paycom, Randy Peck, Christopher Thomas, Maheep, CNBC's Hakyung Kim, Yun Li, Jesse Pound, Pia Singh Organizations: Dell Technologies, Lionsgate, Citi, Starz, Nordstrom, Marvell Technologies, Vans, Cooper Companies, Mizuho Locations: Seattle

☆ ‘Drive to Survive’ or Ride to Thrive? MotoGP looks to break out of F1’s shadow after $4.2 billion deal
▼ + stars: | 2024-04-17 | by ( Jonathan Hawkins | ) edition.cnn.com time to read: +9 min

One thing that MotoGP has in its favor is its frequently raucous unpredictability, a far cry from the sometimes-processional nature of F1. Reigning double world champion Pecco Bagnaia agreed. What that documentary series delivered in spades was human drama, making household names out of F1’s competitors and their teams. Mirco Lazzari gp/Getty ImagesThree-time MotoGP world champion Wayne Rainey now runs the MotoAmerica series, which nurtures US motorcycle track talent, as well as King of the Baggers. We need entertainment, and now Baggers are here at MotoGP, strictly to help build the crowd, build the excitement, and in the end it’s about entertainment.”Wayne Rainey is a three-time MotoGP world champion.

Persons: COTA, ” Carlos Ezpeleta, Pecco Bagnaia, “, ”, Dan Rossomondo, doesn’t, Rossomondo, ’, ’ ”, Marc Marquez, ” Marquez, Valentino, Rossi, Dani, Pedrosa, Jorge, Lorenzo, Casey, Stoner, Roland Sands, Jonathan Hawkins, Harley Davidson, Sands, “ You’ve, who’s, ” Sands, Viñales, ” Rossomondo, Lionel Messi, Valentino Rossi, Mirco Lazzari, Wayne Rainey, King, Wayne, Rainey, ” Wayne Rainey, Natalie Cardenas, Christopher, Silas, Jack, “ We’ve, Natalie, ” Christopher, Maverick Viñales, Pedro Acosta’s, Bastianini, you’ve, it’s Organizations: Texas CNN, Formula, Liberty Media, MotoGP, Liberty, CNN, One, Premier League, “, Sprint, CNN Sport, Ducati, Maverick, Aprilia, MotoGP’s Locations: Austin, Texas, Austin , Texas, Americas, California, America, Italian, States, Spain, COTA

☆ As cocoa prices soar this Easter, chocolatiers consider alternatives
▼ + stars: | 2024-03-28 | by ( John Towfighi | ) edition.cnn.com time to read: +7 min

CNN —Cocoa prices are surging so high, the Easter Bunny might want to hoard its chocolate. Poor climate and crop diseases in West Africa – home to 70% of global cocoa production – have tightened supply and caused prices to skyrocket. As prices rise, some chocolatiers are exploring cost-cutting alternatives, like diversifying their products to depend less on cocoa. Yet mining often destroys farms and the possibility of a livelihood in cocoa production, Issaka said. “Given the persistently high cocoa prices, it may be necessary for us to make responsible adjustments to pricing in the future,” the spokesperson wrote in an email.

Persons: Hershey’s, Shaquille O’Neal, Michele Buck, Billy Roberts, Roberts, ” Roberts, Issaka, Will Kletter, Kletter, “, Peng Xu, Christopher Taylor, Li, Taylor, ”, “ We’re, “ It’s, ” Taylor Organizations: CNN, Cadbury, NCA, “ Brands, Industries, International Cocoa Organization, Rabobank, US, ”, Euromonitor Locations: West Africa, North Region, Ghana, Ivory Coast, Silicon, Washington ,, Manhattan

The title acceptance pilot waives the need for a lender's title insurance policy on some refinance mortgages. The Federal Housing Finance Agency recently rolled out a new pilot program that would lower refinance closing costs for some borrowers. Called the "title acceptance pilot," this program would waive the requirement that conforming loans have a lender's title insurance policy on certain refinance mortgages. Borrowers are required to purchase a lender's title insurance policy, which can be a significant out-of-pocket cost. Pushback from the mortgage industryLeaders from the mortgage and title insurance industries overall weren't pleased with this announcement.

Persons: —, Biden, Fannie Mae, Freddie Mac, homebuyers, Christopher Tyson, Tyson, doesn't Organizations: Service, Federal Housing Finance Agency, Mortgage Bankers Association, Union, Consumer Financial, National Community Stabilization Trust, homebuyers

☆ Former Republican Candidate for U.S. House Is Charged With Murder
▼ + stars: | 2024-03-08 | by ( Orlando Mayorquin | Michael Levenson | ) www.nytimes.com time to read: +1 min

A Republican candidate who ran unsuccessfully for Congress in Nevada in 2020 with the backing of President Donald J. Trump surrendered to the police on Wednesday after he was charged with killing a man in Las Vegas last year, his lawyers said. The Las Vegas police issued an arrest warrant earlier on Wednesday for the former candidate, Daniel Rodimer, 45, a onetime professional wrestler, after he was charged with murdering Christopher Tapp, 47, at a resort on the Las Vegas Strip on Oct. 29. Medical workers found Mr. Tapp “suffering from injuries as a result of a purported accident,” and took him to a hospital where he was pronounced dead, the Las Vegas Metropolitan Police Department said in a statement. Homicide detectives learned that Mr. Tapp had been in “an altercation inside a room” at the resort, the statement said. The Clark County medical examiner’s office ruled that Mr. Tapp died as a result of blunt-force trauma to the head.

Persons: Donald J, Trump, Daniel Rodimer, Christopher Tapp, Tapp “, Tapp Organizations: Republican, Las Vegas, Las, Las Vegas Metropolitan Police Department Locations: Nevada, Las Vegas, Clark

☆ All the celebrities we spotted at the 73rd NBA All-Star Game, from Lil Wayne to Ivanka Trump
▼ + stars: | 2024-02-19 | by ( Amanda Goh | ) www.businessinsider.com time to read: +4 min

The 73rd NBA All-Star Game took place on Sunday at Gainbridge Fieldhouse in Indianapolis. AdvertisementThe 73rd NBA All-Star Game took place on Sunday in Indianapolis, and it was a star-studded affair. Jared Kushner and Ivanka Trump attend the 73rd NBA All-Star Game. Lil Wayne sits courtside during the 73rd NBA All-Star Game. AdvertisementDylan Wang attends the 73rd NBA All-Star Game.

Persons: Lil Wayne, Guy Fieri, Jared Kushner, Ivanka Trump, —, LeBron James, Giannis Antetokounmpo, East —, Antetokounmpo —, Kevin Mazur, Jennifer Hudson preforms, Justin Casterline, Jennifer Hudson, David Daniel Otunga Jr, Chris Tucker, Destin Christopher Tucker, Anthony Wilson, Sabrina Ionescu, Ionescu, Stephen Curry, Curry, Spike Lee, Jackson Lee, Bill Murray, Chainz, Babyface —, AJ McLean, Donnie Wahlberg, Jenny McCarthy, Dylan Wang, Wang, Shannon, Team Stephen A Organizations: NBA, Gainbridge Fieldhouse, Service, East, West, Gainbridge, New York Liberty, WNBA, Getty, Lucas Oil, Team Locations: Gainbridge, Indianapolis

☆ Why Is Tex-Mex the M.V.P. on the Super Bowl Menu?
▼ + stars: | 2024-02-06 | by ( Christina Morales | ) www.nytimes.com time to read: 1 min

There are many origin stories for the Frito pie, but at least one thing is true: This dish is extremely popular in Texas, where it is a staple at high school football games. Credit... Christopher Testani for The New York Times. Food Stylist: Simon Andrews.

Persons: Christopher Testani, Simon Andrews Organizations: The New York Times Locations: Texas

LOS ANGELES (AP) — Extreme heat and wildfire smoke are independently harmful to the human body, but together their impact on cardiovascular and respiratory systems is more dangerous and affects some communities more than others. A study published Friday in the journal Science Advances said climate change is increasing the frequency of both hazards, particularly in California. The authors found that the combined harm of extreme heat and inhalation of wildfire smoke increased hospitalizations and disproportionately impacted low-income communities and Latino, Black, Asian and other racially marginalized residents. Homes and work places with air conditioning and neighborhoods with tree canopy cover are better protected from extreme heat, and some buildings filter smoke from wildfires and insulate heat more efficiently. “For a variety of reason, they tend to feel climate change much worse than other non-underserved communities, and I think it's really important to highlight this social injustice aspect of climate change,” said the emergency physician and fellow at the Harvard T.H.

Persons: ”, Tarik Benmarhnia, Benmarhnia, Christopher T, Minson, it’s, Catharina Giudice Organizations: ANGELES, Scripps Institution of Oceanography, University of California, UCLA Fielding School of Public Health, UC San Diego, University of Oregon, Environmental Protection Agency, University of Southern, Harvard, of Public Health, National Weather Service, Associated Press, Walton Family Foundation, AP Locations: California, San Diego, United States, Oregon, Washington, Canada, British Columbia, Central Valley, Central, University of Southern California, Los Angeles, Chan

☆ Investors should be more worried about long-term inflation, says financial advisor
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should be more worried about long-term inflation, says financial advisorChristopher Tan of Providend discusses how investors can combat long-term inflation and explains why "equities is the best instrument to use."

Persons: Christopher Tan, Providend

☆ Napoli stumble to 1-1 draw as eliminated Union snap losing run
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

NAPLES, Italy, Nov 8 (Reuters) - Union Berlin's David Fofana scored a second-half equaliser against the run of play to snatch a 1-1 Champions League draw at Napoli on Wednesday and snap a 12-game losing run, but it was not enough to keep the German side's knockout hopes alive. The draw left Napoli in second place in Group C on seven points, two behind leaders Real Madrid who face Braga, on three points, later on Wednesday. "This feels really good," said Union captain Christopher Trimmel. They did break the deadlock before halftime when a deflected shot bounced off Politano's chest and into the goal. Napoli had 18 corners to the Germans' five but despite late pressure and a string of chances they failed to score again.

Persons: David Fofana, Matteo Politano, Fofana, Braga, Christopher Trimmel, Frederik Ronnow, Piotr Zielinski, Andre Frank Zambo, Josip Juranovic's, Napoli, Karolos, Toby Davis Organizations: League, Napoli, Wednesday, Real Madrid, Champions League, Europa League, Union, Napoli napping, Thomson Locations: NAPLES, Italy, German, Germans

☆ The Family That Turned Malcolm X’s Life Into Opera
▼ + stars: | 2023-11-01 | by ( Zachary Woolfe | More About Zachary Woolfe | ) www.nytimes.com time to read: +2 min

She asked me if I had any ideas, and I said sure, I’d like to write an opera about Malcolm X. I made them much more rhythmic, with short sentences so Anthony could set them. I imagined it as being in three acts, and I labeled each act: Hate, Fear, Love. I thought of it as a classic tragedy, where there’s a false unity that’s destroyed and you come back to the real unity, the real salvation that comes from the pilgrimage to Mecca. Betty Shabazz said that we made the Nation of Islam look too good.

Persons: ANTHONY I, Mary MacArthur, Malcolm X, Eric Bogosian, THULANI, Anthony, Malcolm, CHRISTOPHER, Thulani, Reginald, “, Betty Shabazz Locations: Malcolm, Mecca

☆ Napoli claim 1-0 win at strugglers Union Berlin with Raspadori goal
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

The result kept Napoli in second place on six points, three behind Real Madrid who won 2-1 at Sporting Braga. "It wasn't our best game technically, but winning this kind of game is important," scorer Raspadori said. I believe we could have done better, but an away win like this in the Champions League is always good. Playing in the Champions League and scoring is fantastic," he said. Yes we lost but overall delivered a good game."

Persons: Giacomo Raspadori, Napoli's Khvicha, Napoli, Raspadori, Aaronson, David Fofana, Victor Osimhen, Kvaratskhelia, Frederik Ronnow, Christopher Trimmel, Fofana, Urs Fischer, Karolos Grohmann, Christian Radnedge, Ken Ferris Organizations: Union Berlin, Champions League Group, Real Madrid, Sporting Braga, Braga, Champions League, Napoli, Union, League, Thomson Locations: Germans, Raspadori

Several reported calling child welfare to express concerns. The agency also said in its summary that Zoey's mother was working with court services. Just six days earlier, Zoey's mother had called to report that the then 4-year-old was missing, a police incident report shows. Zoey's mother was jailed until March, when she pleaded guilty to felony aggravated battery and driving under the influence and was sentenced to probation. But officers were told by Zoey’s father that she wasn’t living there, city spokeswoman Gretchen Spiker said.

Persons: Zoey Felix, ”, Zoey, Mickel Cherry, haven't, “ Zoey Felix’s, Laura Kelly, Kelly, aren’t, Cherry, Judge Christopher Turner, Mark Manna, Neighbors, Zoey's, Zoey’s, Gretchen Spiker, Laura Howard, “, DCF Organizations: —, Department of Children, Families, of Children, Defense, Police, Department for Children Locations: TOPEKA, Kan, Kansas, Topeka

☆ I made $107,000 last year doing voice-overs. Here's how I started with an online course and grew to doing work for Warner Bros, Pepsi, and Google.
▼ + stars: | 2023-09-28 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

Actors used to get voice-over work in traditional ways, through their agent. I did a voice-over courseI found an online course in 2016 called Voiceover Kickstart. I had no idea my voice would attract a lot of corporate work, but it did. When I was getting consistent corporate work, I was able to build my brand in response to that, both on and off the platform. From that, I've been getting unexpected opportunities in types of work that I'd never thought I would be doing, such as audiobooks.

Persons: Christopher Tester, I've, I'd Organizations: Royal Central School of Speech, BMW, Warner Bros, Marvel, Pepsi, Google Locations: London, Fiverr, Asia

Alongside cheese and charcuterie, he almost always includes a platter of figs interspersed with dozens of loose Marlboro Golds. The Charlotte, N.C.-based artist grew up among the tobacco farms of Williamston, where their grandmother worked in the fields. “Seeing my grandmother die and not being compensated in any way showed me how disposable people are to Big Tobacco. “I think my generation can relate more to addiction to the phone than addiction to tobacco,” they say. To me, cigarettes represent how we treat both things and people now.”Set design by Yolande Gagnier.

Persons: Daniel E, Soares, ”, Alma Berrow, ” Nicholson, Yolande Gagnier, Christopher T, Linn, Brendan Galvin Organizations: Marlboro, Tobacco Locations: York, British, Charlotte, N.C, Williamston

☆ Gov. Chris Sununu: This Is How to Beat Trump - The New York Times
▼ + stars: | 2023-08-21 | by ( Christopher T. Sununu | ) www.nytimes.com time to read: +2 min

To win, they must break free of Mr. Trump’s drama, step out of his shadow, go on offense, attack, and present their case. While the other Republican candidates are running to save America, Mr. Trump is running to save himself. Chris Christie, who has done great work exposing Mr. Trump’s weaknesses, must broaden his message and show voters that he is more than the anti-Trump candidate. If Mr. Trump is the Republican nominee for president in 2024, Republicans will lose up and down the ballot. And Mr. Trump, ever the narcissist, will spend the entire campaign whining about his legal troubles and bilking his supporters of their retirement savings to pay for his lawyers.

Persons: Donald Trump, Trump, Tim Scott, Ron DeSantis, Vivek Ramaswamy, Chris Christie, —, Jimmy Carter, Joe Biden’s, Trump’s, bilking Organizations: Republican, Trump, Associated Press, NORC, for Public Affairs Research, statehouse, Republicans Locations: America, Iowa, New Hampshire

☆ Fact Check-Michigan video does not show illegal ballots delivered in 2020 elections
▼ + stars: | 2023-07-25 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

There is no evidence a video of a white van delivering verified ballots at Detroit’s vote-counting arena in the early hours of Nov. 4, 2020, shows ballots being delivered illegally in Michigan, contrary to posts online. Local authorities have said it shows ballots that had been verified prior to voting deadlines. “Early in the morning on Wednesday, November 4, approximately 16,000 ballots were delivered in a white van used by the city. Thomas said in an email to Reuters that the white van in the video is the same van referenced in the affidavit. Local authorities said it shows ballots that had been verified prior to the legal deadlines.

Persons: Trump, Elon Musk, Dana Nessel, Donald Trump, Christopher Thomas, Thomas, Read Organizations: Michigan, GOP, Facebook, Reuters, TCF Center ., TCF Center, City Locations: Michigan, Detroit

☆ Wall St Week Ahead Relentless U.S. stock rally faces Fed test
▼ + stars: | 2023-07-21 | by ( David Randall | ) www.reuters.com time to read: +4 min

The S&P 500 is up nearly 19% year-to-date and closed on Thursday at 4,534.87, only about 6% below an all-time high reached in January 2022. What the Fed does and says next week will be critical," said Cliff Corso, chief investment officer at Advisors Asset Management. "Bearish investors have had to capitulate," said Liz Ann Sonders, chief investment strategist at Charles Schwab. The bank last month raised its year-end S&P 500 target to 4,500, from 4,000. However, Christopher Tsai, chief investment officer at Tsai Capital, is not worried about buying into an overvalued market.

Persons: Cliff Corso, Jonathan Golub, Tom Lee, Ed Yardeni, Liz Ann Sonders, Charles Schwab, Eric Freedman, Goldman Sachs, Sunitha Thomas, We've, Christopher Tsai, David Randall, Saqib Iqbal Ahmed, Ira Iosebashvili, Richard Chang Organizations: YORK, Federal Reserve, Fed, Asset Management, Jonathan Golub of Credit Suisse, Fundstrat Global, Yardeni Research, National Association of Active Investment, U.S, Bank Wealth Management, Consumers, Northern Trust, Tsai, MSCI Inc, Zoetis Inc, Thomson Locations: U.S, Jonathan Golub of

☆ Domino's rolls out new service to deliver pizzas to places like beaches and parks
▼ + stars: | 2023-06-20 | by ( Yuheng Zhan | ) www.cnbc.com time to read: +2 min

Franchisee Tom Peterson demonstrates a new Domino's Pizza Inc. app, part of their digital ordering system, at a Domino's "pizza theater" location in Jersey City, New Jersey. For the customer craving pizza while sunbathing on a beach or relaxing in a park, Domino's Pizza wants to make delivery as easy as it is at home. Domino's on Tuesday announced its new Pinpoint Delivery service, which allows customers nationwide to order to locations without a standard address. Domino's launched a similar pin-drop delivery technology called Domino's Anywhere through its master franchisee in Australia in 2017. The Pinpoint Delivery rollout will make the feature available for the first time in U.S. markets.

Persons: Tom Peterson, Christopher Thomas, Moore, Domino's, Danielle Bulger, Chris O'Cull Organizations: Inc, Tuesday, CNBC, Apple Locations: Jersey City , New Jersey, Domino's, U.S, Australia

Law Firms Duane Morris LLP FollowJune 20 (Reuters) - David Weiss, the top federal prosecutor in Delaware, wrapped up the most closely watched investigation of his career on Tuesday when U.S. President Joe Biden’s son Hunter agreed to plead guilty to misdemeanor tax crimes. Weiss, 67, who was appointed to his post by Republican then-President Donald Trump, agreed to stay on the job into the Biden administration to complete a long-running probe into Hunter Biden’s finances. Hunter Biden, 53, agreed to plead guilty to two misdemeanor charges of willfully failing to pay income taxes and reached an agreement on a gun-related offense that could allow him to avoid a conviction, according to court filings. “I don’t think he’s thinking about the politics at all,” said Thomas Ostrander, who worked with Weiss at law firm Duane Morris. Weiss was nominated to be U.S. attorney in Delaware by Trump in 2018 with the support of Delaware’s two Democratic U.S. senators.

Persons: Duane Morris, David Weiss, Joe Biden’s, Hunter, Weiss, Donald Trump, Biden, Hunter Biden, “, ”, Thomas Ostrander, “ He’s, James Comer, General Merrick Garland, Obama, Weiss ’, Anne Marie Fahey, Delaware's, Ostrander, Delaware’s, Christopher Tigani, Andrew Goudsward, David Bario, Jonathan Oatis Organizations: Republican, Democratic, U.S, Trump, Democratic U.S, Reuters, Politico, Wilmington Trust, Prosecutors, Thomson Locations: Delaware, China

☆ Domino's can find you wherever you are with new Google pin drop tech
▼ + stars: | 2023-06-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

Domino's is using Google Maps tech to launch Pinpoint Delivery. Domino's has seen a slowdown in its delivery business due to inflationary pressures on customers. The pizza chain, which bills itself as a tech chain that happens to sell pizza, is leveraging Google Maps technology to deliver pizzas to locations without addresses, such as parks, beaches, and baseball fields. Domino's is leveraging Google Maps tech for Pinpoint Delivery. There's no extra cost for Pinpoint Delivery, which comes as inflationary pressures have hurt Domino's delivery business.

Persons: Domino's, —, Christopher Thomas, Moore, Carl Orsbourn, Sandeep Reddy, Reddy Organizations: Google, Service, Oppenheimer, Commerce, NPD

☆ How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs
▼ + stars: | 2023-05-23 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Dynasty trusts can last up to 1,000 years – about 40 generations – in Florida and other states. So-called dynasty trusts allow affluent taxpayers to provide for as many as forty generations and only be subject to tax once. Dynasty trusts have grown in popularity as the generation-skipping transfer tax exemption has skyrocketed, according to Sandy Christopher, partner at Withers Bergman. They are usually drawn to dynasty trusts to keep businesses within their families and protect assets from creditors. Dynasty trust assets are also shielded in the event of a divorce.

☆ Law firm Haynes and Boone picks up Dallas deal maker
▼ + stars: | 2023-05-01 | by ( Chinekwu Osakwe | Thomson Reuters | Chinekwu Osakwe Covers Legal Industry News With A Focus On Midsize Law Firms. Reach Her At Chinekwu.Osakwe Thomsonreuters.Com. | ) www.reuters.com time to read: +1 min

May 1 (Reuters) - U.S. law firm Haynes and Boone has hired transactions lawyer Larry Shosid from midsize firm Bell, Nunnally & Martin in its founding city of Dallas, the firm said Monday. Bell Nunnally has around 60 lawyers in Dallas. Taylor Wilson, managing partner of Haynes and Boone, said in a statement that he has worked with Shosid in the past and is excited about his addition to the firm. Dallas-based Bell Nunnally's managing partner, Christopher Trowbridge, said the firm wishes Shosid well. Read More:Law firm tie-ups continue with Haynes and Boone combinationOur Standards: The Thomson Reuters Trust Principles.

The assessment of China's military said China's fleet of six Jin-class ballistic missile submarines were operating "near-continuous" patrols from Hainan Island into the South China Sea. Equipped with a new, longer-range ballistic missile, they can hit the continental United States, analysts say. Communications are crucial and complex for ballistic missile subs, which must remain hidden as part of their mission. The Chinese military has emphasised that the Central Military Commission, headed by President Xi Jinping, is the only nuclear command authority. Russia is thought to keep most of its 11 ballistic missile submarines largely in bastions off its Arctic coasts, while U.S., French and British boats roam more widely, three analysts said.

[1/4] Spectators watch after a suspected Chinese spy balloon was shot down off the coast in Holden Beach, North Carolina, U.S. February 4, 2023. Regional analysts and diplomats are closely watching China's response after a U.S. fighter jet shot down the balloon - which Beijing says was an errant weather-monitoring craft - in the Atlantic off South Carolina on Saturday. China on Sunday condemned the attack as an "over-reaction", saying it reserved the right to use the necessary means to deal with "similar situations", without elaborating. But while bilateral tension has risen in the past few days over the balloon incident, Beijing and Washington have been seeking to improve ties. Naval Postgraduate School in California, said any Chinese response would be limited.

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