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There is a focus on fake stories to influence attitudes on subjects like the wars in Ukraine and Gaza. But for the past year, the climate crisis has been the second-most targeted subject, according to the European Digital Media Observatory (EDMO). Official statistics, however, tell a different story: In 2022, renewables accounted for 23% of the energy consumed in the EU. The EU is considered a global leader in tackling planet-heating pollution, but climate disinformation could undermine the bloc’s ambitious goal to reduce carbon emissions by 90% by 2040, compared with 1990 levels. Its community standards policy in the past had only targeted video, but in April, it was expanded to include audio.
Persons: Morgan Wright, , streetlights, Paula Gori, , Gori, EU DisinfoLab, Wright, Gaizka Iroz, they’ve, “ They’ve, ” Gori, Pallavi Sethi, , , Facebook —, ” Wright Organizations: CNN, European Union, EU, Guardian, Bild, European Digital Media, Facebook, Getty, West, Grantham Research, London School of Economics, stoke, Services, European, Meta Locations: European, Russia, United States, United Kingdom, American, Europe, Germany, Ukraine, Gaza, EU, Spain, France, Biriatou, AFP, Africa, Asia, industrializing, Gori, Italy, Croatia, Poland, England, Grantham, Prague, Russian, Slovakia, Moscow
Read previewIn January 2025, Donald Trump may be sworn into office as the 47th President of the United States. Another Trump term, on the other hand, would likely entail a radical reversal from not just the previous four years, but even from Trump's first term in office. While not exhaustive, here's just some of what to expect in a second Trump administration. Miller told The New York Times that a second Trump administration would build "vast holding facilities that would function as staging centers" on "open land in Texas near the border." According to Bloomberg, Trump wants to extend those cuts in a second term.
Persons: , Donald Trump, Joe Biden, Biden, Trump, Trump's, That's, mifepristone, Stephen Miller, Miller, Alex Wong, Nixon, shouldn't, he's, Israel, there's Organizations: Service, Business, Trump, The New York Times, Heritage Foundation's, Senate, Federal Communications Commission, Federal Trade Commission, Federal Reserve, Congress, TIME, Republican, National Guard, United, Department of Justice, Capitol Police, Atlantic Treaty Organization, State Department, Pentagon, Bloomberg, American, Security, Social Security, CNBC Locations: United States, Texas, CPAC, China, Ukraine, Gaza, Israel, Europe, Washington ,
Mr. Biden recently indicated he would debate Mr. Trump, but had until now declined to give any firm commitment or specific details. In a video announcing his offer, Mr. Biden taunted Mr. Trump. Mr. Trump leads Mr. Biden in most polls of battleground states, including the recent surveys by The New York Times, Siena College and The Philadelphia Inquirer. Significantly more voters trust Mr. Trump over Mr. Biden to handle the economy. Mr. Biden, exasperated, famously said to Mr. Trump, “Will you shut up, man?
Persons: Biden, Donald J, Trump, , Robert F, Kennedy Jr, Mr, Biden’s, Jennifer O’Malley Dillon, O’Malley Dillon, , Trump’s, “ Let’s, Donald, Ms, Mark Makela, “ Will, Susie Wiles, Chris LaCivita, Reagan, , There’s, Kennedy, Wiles, LaCivita, George W, Bush’s, Barack Obama, Mitt Romney, Richard Perry, Romney, Hillary Clinton’s, Bill Clinton, Reid J, Epstein Organizations: The New York Times, Biden, Commission, Mr, Trump, , , Republican National Convention, Republican National Committee, Siena College, The Philadelphia Inquirer, White House, CNN, Electoral College —, Republican, Democratic, ” Networks, CBS News, ABC News, Telemundo Locations: Washington, Trump’s Manhattan, York, Milwaukee, America
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Meta on Tuesday was hit by the European Commission — the executive body of the European Union — with a major investigation into its compliance with the EU's strict internet content rules. The Commission said it is investigating Meta over concerns the company hasn't done enough to ensure effective combatting of disinformation ahead of upcoming European Parliament elections. The European Parliament elections are due to take place on June 6-9. "We look forward to continuing our cooperation with the European Commission and providing them with further details of this work."
Persons: Mark Zuckerberg, Meta Organizations: Dirksen, Meta, European Commission, European, DSA, Services, EU, Facebook, CNBC Locations: Washington ,
CNN —The allision between the container ship MV Dali and the Francis Scott Key Bridge in Baltimore on Tuesday has prompted numerous questions — not only about how this tragedy occurred, but also about our global shipping processes. This marked the start of a campaign by the Houthis, in support of Hamas in their attack on Israel, against global shipping transiting the Red Sea, Bab-el-Mandeb and the Gulf of Aden. Now, two years later, Baltimore is closed with remains of the Key Bridge athwart the main shipping channel. No one agency has oversight of or coordinates global shipping or ports in the US. There is also no overall maritime strategy for the nation, although the US Department of Transportation, Maritime Administration has been tasked to develop one.
Persons: Salvatore R, Mercogliano, Francis Scott Key, , Sal Mercogliano Bennett Scarborough, Dali, , Jennifer Homendy, Transportation Pete Buttigieg, John Garamendi of, Dusty Johnson of Organizations: Campbell University, Shipping, YouTube, CNN, MV Galaxy Leader, Baltimore, Federal Highway Administration, Transportation, Bethlehem Steel, Department of Transportation, Maritime Administration, US Coast Guard, Army Corps of Engineers, Maryland Department of Transportation, US Department of Transportation, Federal Maritime Commission, Democratic, Republican, Dusty Johnson of South Dakota, Ocean Shipping Reform Locations: Baltimore, Asia, Suez, Los Angeles, Long, Yemen, Israel, Bab, Aden, China, Argentina, Largo, Dali, Sparrows, United States, John Garamendi of California, Dusty Johnson of South
In the South Fordham section of the Bronx, residents give their neighborhood a Bronx cheer. In Park Slope in Brooklyn — known and parodied for its self-consciously liberal politics and wealth — residents are much happier. But if there’s one thing that New Yorkers can agree upon, it’s that the quality of life in New York City has suffered. Less than a third rate the city’s quality of life as excellent or good. Less than a quarter are content with the overall quality of government services.
Organizations: New Locations: Fordham, Bronx, Slope, Brooklyn, New York City
The Realtors’ Big Defeat
  + stars: | 2024-03-18 | by ( David Leonhardt | ) www.nytimes.com   time to read: +1 min
Free-market economic theory suggests that the American real estate market should not have been able to exist as it has for decades. Americans have long paid unusually high commissions to real estate agents. Some real estate brokers, recognizing the chance to win business by charging lower commissions, would have done so. Instead, an average home sale in the U.S. has cost between $5,000 and $15,000 more than it would have without the inflated commissions. This money has been akin to a tax, collected by real estate agents instead of the government.
Locations: U.S, Germany, Australia, Britain
Buyers' agents will no longer charge 6% commission fees for helping buyers purchase a house. However, the lowered commissions may mean buyers have to do more work themselves. And while the new rules around Realtors' commission fees mean buyers may save thousands of dollars on their homes, they may also end up doing more work themselves to find and purchase new houses. Other sellers, the outlet reported, won't offer any commission to pay a buyer's agent at all in a process called decoupling. If the seller doesn't shell out for the buyers' agent fees, as real estate transactions have typically been structured, this will leave the buyer's agent commission negotiations — and potentially the out-of-pocket payment for their fees — up the the buyer.
Persons: Buyers, , Robby Braun, Cohen Milstein Sellers, Toll, they're, Toby Schifsky, Kaplan, BI's Grace Eliza Goodwin Organizations: National Association of Realtors, Service, Realtors, Street, Washington Post
There's little doubt Putin, 71, will win, even as the Ukraine war drags into its third year, analysts say. After all, his challengers — who were approved to run by the country's election commission — are far from his level of clout and influence. But for Putin, merely winning has never been enough — and 2024 looks no different. Putin needs to show that Russians really want him to leadFor Putin, it's not about winning. As Thomas Graham, a fellow at the Council on Foreign Relations, wrote on March 7, "Just winning has never been enough for Putin.
Persons: , There's, Putin, it's, It's, Thomas Graham, David Szakonyi, Elvira Nabiullina, Nabiullina, they're, Vladimir Putin Organizations: Service, Business, International Monetary Fund, Council, Foreign Relations, George Washington University, Profit, Central Bank of Russia, Putin Locations: Ukraine, Russian, Policymaking, Russia, Polish
AdvertisementJones claimed in the letter that Microsoft's AI image generator can add "harmful content" to images that can be created using "benign" prompts. Jones, Microsoft, and the FTC didn't immediately respond to Business Insider's request for comment before publication. AdvertisementThis isn't the first time Shane publicly vocalized his concerns about Microsoft's AI image generator. Microsoft isn't the only major tech company that's been slammed for its AI image generator. "In a competitive race to be the most trustworthy AI company, Microsoft needs to lead, not follow or fall behind," he wrote.
Persons: , Shane Jones, Jones, Vader, FTC didn't, Shane, OpenAI's ChatGPT, Demis Organizations: Service, Microsoft, Federal Trade Commission, Copilot, Business, LinkedIn, Star, CNBC, FTC, Google, Gemini
In the worst-case scenario, the collision would have ejected 7,500 bits of debris into low-Earth orbit. Satellite collisions are becoming more likely as the amount of space junk in low-Earth orbit grows. Even the tiniest debris can damage the space station and endanger astronauts, though no astronaut has lost their life due to space debris (yet). The race to clean up spaceThe consequences of space debris are very real, so much so, that the worst-case scenario has a name: Kessler syndrome. TransAstra's capture bags could help solve Earth's space debris problem.
Persons: , LeoLabs, Darren McKnight, NASA ODPO, Kessler, Astroscale Organizations: Service, Space, NASA, European Space Agency, Federal Communications Commission, Dish Locations: Russia, India
Don't let that keep you from making a big, risky career decision, says ex-BET Networks CEO Debra Lee. Success and self-doubt aren't mutually exclusive," Lee, 69, recently told LinkedIn video series The Path. She worked to attend Ivy League universities and get a law degree because her father told her to, she said. Their hesitancy further fueled her sense of self-doubt, which had grown with each previous career decision, Lee added. Her self-doubt became an asset at BET, pushing her to work harder and think outside the box in her new role, she said.
Persons: Debra Lee, Lee, I've, Mary Jane ", , Steptoe, Johnson, that's Organizations: BET, Black Entertainment Television, Brown University, Harvard Law School, Washington , D.C, Ivy League, Securities and Exchange, Steptoe Locations: Washington ,
As afternoon services were beginning at Lakewood Church in Houston on Sunday, a woman arrived in a trench coat and carrying a backpack, her 7-year-old son at her side. She brought two rifles and had a piece of yellow rope resembling a detonation cord, law enforcement officials said on Monday. The woman pointed an AR-15 at an unarmed security guard, officials said, and then made her way inside the church, which is led by the televangelist Joel Osteen. The officers — a Houston police officer and an agent from the state alcoholic beverage commission — confronted the woman, exchanged fire with her and killed her. Her son was also struck in the head by gunfire, officials said.
Persons: Joel Osteen, Organizations: Lakewood Church Locations: Houston, United States
The announcement will kick off months of talks that could take up to a year before the European Parliament rubber stamps the target. The European Greens — a faction of environmentally conscious lawmakers from several countries — are expecting big losses in the vote, after making sweeping gains in the 2019 election. “We’re looking at a European Parliament that is more in favor of regulatory freedom for member states,” Dufour said. The Greens had been successful in achieving a strong climate agenda through the EU parliament, he added. She said new conservative or even far-right lawmakers may also back some ambitious climate policies because so many make sense in terms of economics and security, as well.
Persons: , Wopke Hoekstra, Andreas Solaro, Manon Dufour, ” Dufour, Dufour, Bas Eickhout, , Eickhout, Olivier Chassignole, ” Eickhout, I’m, Linda Kalcher, Kalcher Organizations: CNN, European Commission, EU, Parliament, European Greens —, Getty, Conservative, European People’s Party, EPP, Deal, European Greens, Greens, European Greens Party, , Green Locations: Lugo , Italy, AFP, Brussels, Bas, Dutch, Lyon, France, Brussel, Ukraine
But after Uber took its cut and his driving expenses were accounted for, his profits fell to about $20,000. How commissions and driving expenses reduce drivers' profitsOf Ceran's roughly $83,000 in total business expenses, $38,000 consisted of Uber's booking and service fees — effectively the commission the company takes from drivers' earnings. After accounting for Uber's commission — and before expenses — Ceran saw as much as $65,000 in Uber income enter his bank account in 2023. The $44,000 deduction was an estimate for tax purposes, so it's possible his true vehicle expenses weren't quite that high. His first year driving Uber, 2016, was more eventful than anticipated: He got caught in Hurricane Matthew while driving in Norfolk, Virginia.
Persons: , Ceran, Kia Forte, Uber, he's, they're, Lisa Greene, Lewis, Greene, — Ceran, he'd Organizations: Service, Business, BI Locations: Virginia, Hurricane, Norfolk , Virginia
A boomer Uber driver's business had over $100,000 in earnings but only $20,000 in profits. But after Uber took its cut and his driving expenses were accounted for, his profits fell to about $20,000. The $44,000 deduction was an estimate for tax purposes, so it's possible his true vehicle expenses weren't quite that high. AdvertisementThat said, commissions and driving expenses took a significant cut out of his business's profitability. His first year driving Uber, 2016, was more eventful than he anticipated: He got caught in Hurricane Matthew while driving in Norfolk, Virginia.
Persons: boomer, , Dean Ceran, Kia Forte, Uber, he's, Ceran, it's, haven't, they're, Lisa Greene, Lewis, Greene, — Ceran Organizations: Uber, Service, BI Locations: Virginia, Hurricane, Norfolk , Virginia
Crypto Funds Have Arrived. But Who Needs Them?
  + stars: | 2024-01-19 | by ( Jeff Sommer | ) www.nytimes.com   time to read: +1 min
Exchange-traded funds come in many shapes and sizes. Some are plain vanilla, diversified index funds that let you invest in the entire stock and bond markets, and are excellent core holdings for the great majority of people. Then there are the quirky, narrowly focused E.T.F.s like the Inverse Cramer Tracker, which enables you to bet against the stock picks of the CNBC television host Jim Cramer. The fund is legal, approved by the Securities and Exchange Commission — and a money-loser since its inception last year. Betting against Jim Cramer just isn’t a great investing strategy.
Persons: Jim Cramer, Bitcoin, legitimizing Organizations: CNBC, Securities and Exchange Commission Locations: Bitcoin
NEW YORK (AP) — The squabble over billion of dollars in overdraft fees that Americans get charged every year is intensifying. While banks have drastically cut back on overdraft fees in the past decade, the nation's biggest banks still take in roughly $8 billion in overdraft fees every year, according to data from the CFPB and bank public records. Political Cartoons View All 253 ImagesBanks charge a customer an overdraft fee if their bank account balance falls below zero. What started off as a courtesy offered to some customers, the popularity of debit cards beginning in the 1990s led to Americans wracking up tens of billions of dollars in overdraft fees. While big banks have cut back on overdraft fees, smaller banks have not, and a number of them heavily rely on overdrafts to be profitable, industry analysts said.
Persons: Biden, “ It's, Joe Biden, , Greg McBride, , Aaron Klein, ” Klein, Rohit Chopra, ” Chopra, Chopra, Barack Obama, Carter Dougherty, overdrafts, can’t Organizations: Consumer Financial, Biden Administration, Federal Trade Commission, Bank of America, Banking, Bankrate, Brookings Institution, Armed Forces Bank, Republican, Trump Administration, American Bankers Association, Financial Reform
Similar suits are making their way through the courts, with more filed after the verdict, adding additional pressure on the industry. The ruling “will reshape the housing market," said Ryan Tomasello, a managing director covering real estate technology at the investment bank Keefe, Bruyette & Woods, affecting “the industry not just from the perspective of the consumer, but from the perspective of real estate brokers and agents.”N.A.R. said it plans to appeal the verdict. Interviews with real estate agents in markets around the country revealed an industry wrestling with its identity and uncertain about the road ahead. Others are convinced that the verdict will result in only modest changes, perhaps a few more disclosure forms atop an endless pile of paperwork.
Persons: brokerages, Ryan Tomasello, Keefe, ” N.A.R Organizations: National Association of Realtors Locations: Missouri
Rep. George Santos used campaign money on some... interesting personal expenses. According to a new House ethics report, he used funds for OnlyFans, Hermes, Botox, and Sephora. AdvertisementRep. George Santos used his congressional campaign money for extensive self-care, according to a damning new report from the House ethics committee. The money, according to bank records obtained by House Ethics investigators, came from a corporate entity called Redstone Strategies, which Santos controlled. Based on the bank records made public by the House Ethics Committee, Business Insider could not identify which OnlyFans creators Santos subscribed to.
Persons: George Santos, Santos, he's, , Commission —, frazzled Organizations: OnlyFans, Service, Hermes, The New York Republican, Redstone, Federal, Commission, House, Business Locations: OnlyFans
It’s easy to forget how much we used to rely on real, physical paper and, like, other people to buy basic things. It wasn’t all that long ago that you’d call a travel agent to book a flight. But the sellers argued that in a competitive market, the buyers should pay their own agent’s commission, and negotiate that fee separately. Because even though the NAR says fees are negotiable, the industry has made 5%-6% commissions so standard that most people wouldn’t question it. According to Bloomberg, Realtor commissions are high by global standards.
Persons: CNN Business ’, Anna Bahney, Keller Williams, Bob Goldberg, , you’re, you’ll Organizations: New, New York CNN, CNN Business, National Association of Realtors, Homeservices, Keller, Keller Williams Realty, NAR, MLS, Bloomberg, Department of Justice Locations: New York, Missouri, America, Australia
The Chinese government removed Gen. Li Shangfu from the post of defense minister and state councilor without appointing a replacement, state media CCTV reported Tuesday. Li, who was appointed to lead China's Defense Ministry during a broader Cabinet reshuffle in March, has not been seen in public for the past two months, according to Reuters. Reuters also reported that Li, 65, faced a corruption probe over the procurement of military equipment — which CNBC could not independently confirm. Li is the second high-profile minister from Xi's administration to be removed amid a storm of speculation. In July, Qin Gang — who was also stripped of his authority as state councilor on Tuesday — was dismissed from his role as foreign minister after a one-month absence.
Persons: Li Shangfu, Li, Xi Jinping, Qin Gang —, Organizations: National People's, China's Defense Ministry, Reuters, CNBC, Renown, Chinese Communist Party, Central Military Commission, , Qin
X CEO Elon Musk leaves a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. A European regulator has issued Elon Musk a stern warning about the spread of illegal content and disinformation on X, formerly known as Twitter, amid the Israel-Hamas conflict. Failure to comply with the European regulations around illegal content could result in fines worth 6% of a company's annual revenue. The commissioner said that recent "changes in public interest policies" caused confusion in "many European users." Watch: Elon Musk has "cut off the good guys, empowered the bad guys."
Persons: Elon Musk, Elon, Thierry Breton, Musk, Breton, X Organizations: Senate, Intelligence, U.S, Capitol, Washington , D.C, Digital Services, European Commission, European Union, EU Locations: U.S, Washington ,, Israel
Total intake at China's military academies is the highest since 2017 and 2,000 more than last year. The total intake — spread across China's 27 military academies that accept high-school graduates — was 2,000 more than last year, the People's Liberation Army (PLA)'s official newspaper reported on Tuesday. Almost all places for this cohort had been filled, the PLA Daily report said. STR/AFP via Getty ImagesThe Central Military Commission — China's top military command, chaired by President Xi Jinping — announced the new standards in March. AdvertisementAdvertisementHowever, China's military academies offer far more places for men than for women.
Persons: , Chen Bin, Xi Jinping —, Air Defence —, Xi, Liu Yang, Zhu Yuemeng, Dong Jun Organizations: Service, People's Liberation Army, PLA, Getty, PLA Daily, Military Commission, PLA Army Academy of Artillery, Air Defence Locations: Wall, Silicon, Beijing, Huainan, Hefei, Shandong, China, Liaoning
Pelosi praised the two federal Trump indictments as "exquisite," "beautiful," and "intricate." "The indictments against the president are exquisite," she said in an interview with New York Magazine. "They're beautiful and intricate, and they probably have a better chance of conviction than anything that I would come up with." Even as the committee laid out a narrative making the case that Trump engaged in criminal behavior, the DOJ was not yet undertaking efforts to investigate the former president. Nonetheless, the narrative laid out in last week's 45-page indictment bore a strong resemblance to the narrative laid out in the report that the committee released at the end of the last Congress.
Persons: Pelosi, Nancy Pelosi, Donald Trump, , Trump's, Jack Smith, Trump, " Organizations: Trump, Service, New York Magazine, Republicans, Department of Justice, DOJ Locations: Wall, Silicon
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