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☆ Nelson Peltz’s Trian has a stake in Rentokil. Here’s how the activist might boost shareholder value
▼ + stars: | 2024-06-15 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Rentokil offers a complete range of pest control services, from rodents to flying and crawling insects, to other forms of wildlife management. Trian, managed by Nelson Peltz, takes very few positions, but is very active in its positions. Rentokil Initial is a United Kingdom-based global provider of pest control, hygiene and well-being services for residential, commercial and industrial customers. However, when it has engaged with UK companies, the firm has consistently been able to create shareholder value. Shifting the listing to the U.S. is the low-hanging fruit of value creation and potentially divesting the European business could create additional value.

Persons: It's, Trian, Nelson Peltz, Peltz, Rentokil, Janus Henderson, Ferguson, Ecolab, Rio, Pearson, Ken Squire Organizations: Rentokil's, Unilever, Ferguson, New York Stock Exchange, Rollins, Janus, 13D Locations: United Kingdom, North America, Europe, Saharan Africa, France, U.S, Pentair, London, Rio Tinto, New York

☆ China wants a fleet of aircraft carriers for pride and power, and it's building it at a breakneck pace
▼ + stars: | 2024-06-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Read previewChina is building a fleet of aircraft carriers, making technological and capability jumps at a breakneck pace. An aerial drone photo taken on May 1, 2024 shows China's third aircraft carrier, the Fujian, during its maiden sea trials. The aircraft carrier USS Gerald R. Ford transits the Strait of Gibraltar, Jan. 5, 2024. For China, having aircraft carriers allows it to enjoy many of those perks. A composite image shows the American flag flying near the bridge of the US Navy's first-in-class aircraft carrier USS Gerald R. Ford and the Chinese flag flying near China's aircraft carrier Shandong.

Persons: —, Pu, would've, Matthew Funaiole, Xi Jinping, Kyle Amonson, Dane Egli, Xi, Funaiole, Gerald R, Navy Petty, Jacob Mattingly, Trenton, Li Gang, Cmdr, Michael Dahm, Peter W, Singer, Guy Snodgrass Organizations: Service, Business, Ford, Getty, China Power, Center for Strategic, International Studies, Jiangnan Shipyard, Getty Images, People's Liberation Army, Communist Party, US Coast Guard, Pacific Affairs, Chinese Communist Party, US Navy, Navy, DoD Aircraft, South China Seas, Pacific, Communication, Trenton Edly, US, New America, Defense, PLA Navy's Locations: China, Fujian, Shandong, Liaoning, Xinhua, Getty Images China, Taiwan, People's Republic of China, Gibraltar, Jan, South, Beijing

☆ 'Inside Out 2' arrives in theaters and could hit a 100-day run. Here's why that's increasingly rare
▼ + stars: | 2024-06-14 | by ( Sarah Whitten | ) www.cnbc.com time to read: +9 min

Disney | PixarDisney is looking to bring a little joy to theaters with its upcoming release of Pixar's "Inside Out 2." For comparison, 2019's "Toy Story 4" generated $12 million on its Thursday previews and snared $120.9 million for its opening weekend. Only a rare few films would extend beyond that date — usually massive franchise films or blockbuster hits. "Ninety-day windows were always going to be unsustainable," said Jeff Kaufman, senior vice president of film and marketing at Malco Theaters. Box office experts are looking to "Inside Out 2" as a barometer for the health of Pixar and its future.

Persons: Disney, Jeff Kaufman, Daniel Loria, Loria, There's, Scarlet Johannson, Sean Gamble, Luca Organizations: Disney, Pixar Disney, Warner Bros, Pixar, Universal, Malco, Box Office Company, Studios, Hollywood, Lionsgate, Universal —, Paramount, Sony, Fox, Searchlight —, Marvel, Walt Disney Animation Locations: United States, Canada, North America, U.S

☆ Chinese automakers overtake U.S. rivals in sales for the first time, report shows
▼ + stars: | 2024-06-14 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Chinese brands, led by Shenzhen-based BYD, sold 13.4 million new vehicles last year, while American brands sold about 11.9 million, the data showed. Japanese brands led with 23.59 million sales. "Negligence from legacy automakers, which has resulted in consistently high car prices, has inadvertently driven consumers toward more affordable Chinese alternatives," Jato senior analyst Felipe Munoz said in the report. Brands from China have made particular inroads in emerging economies, where Jato said one in five new car sales were made last year amid increased global demand. That is more than the total sales in the U.S. or Europe during the year," said Munoz.

Persons: Felipe Munoz, Jato, Munoz Organizations: Automotive, Jato Dynamics, Brands Locations: Lianyungang Port, Jiangsu Province, China, U.S, Shenzhen, Europe

☆ Here’s how to invest in stocks when interest rates are higher for longer
▼ + stars: | 2024-06-14 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

How should traders invest in a higher-for-longer rate environment? Before the Bell: What do higher-for-longer rates mean for the stock market? What I find interesting and actually kind of invigorating is the resilience of the US economy in the face of these expected higher-for-longer rates. There will be some sectors that higher-for-longer rates will impact. And so we can see consumer durables slowing down or suffering a little bit in this higher-for-longer rate environment.

Persons: Price, Bell, Wylie Tollette, we’ve, We’ve, Jeanne Sahadi, isn’t, —, ”, “, ” Read, iPhones Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Consumer, Franklin Templeton Investment Solutions, Big Tech, Energy, Gallup, Global, “, Apple, Microsoft, Nvidia Locations: New York, “ State, United States

☆ Counterfeit titanium was found in Boeing and Airbus jets. The FAA is investigating how it got there
▼ + stars: | 2024-06-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Titanium that was distributed with fake documentation has been found in commercial Boeing and Airbus jets. Now the Federal Aviation Administration, the aircraft manufacturers and supplier Spirit AeroSystems are investigating whether those components pose a safety hazard to the public. The FAA and Boeing confirmed that they are investigating the matter. Boeing said the questionable parts come from a limited set of suppliers, and tests performed to date have indicated that the correct titanium alloy was used. Airbus has also had problems with some of the engines that have grounded some of its planes owned by different airlines.

Persons: ”, Joe Buccino, “ Organizations: New, New York CNN, Boeing, Airbus, Federal Aviation Administration, New York Times, Times, FAA, Spirit, Max, “ Boeing, Alaska Airlines Locations: New York

☆ Russian ally ditching Putin's rival to NATO damages the image Putin wants to project of himself, experts say
▼ + stars: | 2024-06-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewArmenia's announcement that it's going to leave a Russia-led alliance that was set up to rival NATO is a blow to the image Russian President Vladimir Putin wants to project, experts told Business Insider. In fact, experts say it's the opposite of what Putin hoped to achieve with the alliance. But leading it is still important to Putin as, in Putin's mind, "great powers lead alliances and organizations." Armenia snubbing RussiaPashinyan's announcement came after months of snubs against Putin, and criticism of the CSTO in general.

Persons: —, Vladimir Putin, Nikol Pashinyan, Putin, Davis Ellison, Alexander Cooley, Thomas Graham, snubs, Pashinyan, Graham, Armenia doesn't Organizations: Service, NATO, Collective Security, Organization, Business, The Hague, Strategic Studies, Columbia University, Yale, Armenia's, Reuters, Getty Locations: Russia, Armenia, Kremlin, Soviet Union, Moscow, Soviet, East, Azerbaijan, Ukraine, Washington, Kazakhstan, Belarus, Kyrgyzstan, Tajikistan

☆ Harris to shine light on horrific sexual violence perpetrated during Hamas’ October attack
▼ + stars: | 2024-06-14 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +4 min

Washington CNN —Vice President Kamala Harris is expected to host a White House event focused in part on the Israel-Hamas war on Monday as part of an effort to highlight conflict-related sexual violence and amid fraught negotiations to reach a ceasefire agreement. Harris will deliver remarks on conflict-related sexual violence at the White House, followed by a panel discussion of survivors and experts from around the world, and a partial screening of documentary film, “Screams Before Silence,” on Hamas’ sexual violence on October 7, according to a White House official. “The Vice President spent her career as a prosecutor working to protect women and girls from violence, and as Vice President, she has continued this leadership globally. A United Nations report also found “clear and convincing” information that hostages in Gaza were sexually abused and there are “reasonable grounds” to believe the sexual violence is ongoing. Biden on Thursday called on the Hamas terror group to step up.

Persons: Kamala Harris, Harris, –, “, ”, Sheryl Sandberg, Sandberg, Sandberg Goldberg, Joe Biden, he’s, ” Biden, Biden Organizations: Washington CNN —, White, Association, Nova, United Nations Locations: Israel, Gaza, Selma , Alabama, ”, Italy

☆ US nuclear powered submarine arrives in Guantanamo Bay a day after Russian Navy docks in Havana
▼ + stars: | 2024-06-14 | by ( Sam Simpson | Oren Liebermann | ) edition.cnn.com time to read: +2 min

CNN —The USS Helena, a fast-attack nuclear submarine, surfaced in Guantanamo Bay, Cuba, a day after Russian naval forces arrived in Havana to conduct drills with the island nation, a Russian ally. Navy destroyers, as well as P-8 submarine hunting aircraft, tracked the movements of the Russian ships as they made their way south off the east coast of the United States. People watch a ship belonging to the Russian Navy flotilla arrive at the port of Havana on Wednesday, June 12, 2024, in Havana, Cuba. The USS Pasadena, another Los-Angeles class fast attack submarine, stopped in Guantanamo Bay last July, sparking furor from the Cuban government, which called it an escalation. The Pentagon said the current visit of a Russian submarine to Cuba was “at least in part” a response to last year’s visit of a US submarine.

Persons: Yander Zamora, We’ve, we’ve, ”, Sabrina Singh, “ We’re Organizations: CNN, Russian, US Southern Command, . Southern Command, Navy, Pentagon, Russian Navy, Wednesday, Anadolu, Getty, USS, Angeles Locations: Helena, Guantanamo Bay, Cuba, Havana, Russian, Florida, United States, Havana , Cuba, Norfolk, Los Angeles, USS Pasadena, Cuban

☆ New pterosaur species discovered by Australian farmer
▼ + stars: | 2024-06-13 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —An amateur paleontologist has discovered a new species of pterosaur, a flying reptile that lived alongside dinosaurs around 100 million years ago. Kevin Petersen, an avocado farmer and curator of the Kronosaurus Korner fossil museum in northwest Queensland, Australia, unearthed a number of fossilized bones in western Queensland in 2021. Fewer than 25 sets of pterosaur remains belonging to four species have been found in Australia since the 1980s, while more than 100 sets have been found in Brazil and Argentina. In finding Haliskia, Petersen found the most complete specimen of any pterosaur discovered in Australia to this day, Pentland said in the statement, praising Petersen for his “careful preparation” of the remains. “I’m thrilled that my discovery is a new species, as my passion lies in helping shape our modern knowledge of prehistoric species,” he said in the statement.

Persons: Kevin Petersen, Korner, Haliskia, Adele Pentland, ” Pentland, Pentland, ”, Petersen, “, Kronosaurus Korner, “ I’m, Palaeontologists, Victoria – Organizations: CNN, Curtin University, Curtin’s School of, Planetary Sciences Locations: Queensland, Australia, Perth, Brazil, Argentina, Australian, Victoria

☆ Stellantis plans to grow Jeep sales 50% by 2027
▼ + stars: | 2024-06-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased profits. The transatlantic automaker on Thursday said it will expand production and sales to roughly 1.5 million units by 2027. To do so, the company will grow its vehicle and powertrain offerings. Jeep plans to expand its vehicle nameplates from 10 to 13 by 2027, Jeep CEO Antonio Filosa said Thursday during Stellantis's investor day at its North American headquarters. Much of the expected growth is targeted in North America, where the brand aims to top sales of 1 million units by 2027, up from roughly 700,000 last year.

Persons: – Stellantis, Antonio Filosa Organizations: AUBURN Locations: AUBURN HILLS, Mich, North America

☆ El Niño is dead. Here’s what to expect in the coming months
▼ + stars: | 2024-06-13 | by ( Mary Gilbert | ) edition.cnn.com time to read: +5 min

CNN —El Niño has officially come to an end and the ripples from its demise will shake up weather around the globe. With El Niño out of the spotlight, its opposite is preparing to take center stage later this summer: La Niña. For now, neither La Niña nor El Niño are present and a so-called neutral phase has begun, according to NOAA’s Climate Prediction Center. Here’s what a summer without El Niño and a budding La Niña could have in store. Luis Tato/AFP/Getty ImagesCalifornia and the western US also typically pick up more rain during El Niño, especially over the winter months.

Persons: CNN — El Niño, Niño, El Niño, Marcio Jose Sanchez, Luis Tato, Laura Paddison Organizations: CNN, El, Getty Images Locations: West, El, Beverly Crest, Los Angeles, California, South America, Africa, Africa’s, Kenya, Garissa, AFP, Getty Images California, US, West Coast

☆ How to stay safe from tick- and mosquito-borne illnesses this summer
▼ + stars: | 2024-06-13 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

Ladislav Kubeš/iStockphoto/Getty ImagesCNN: Let’s start by talking about tick-borne diseases, specifically Lyme disease. Dr. Leana Wen: In the United States, Lyme disease is the most common vector-borne disease and is transmitted by ticks. People who contract Lyme disease may experience temporary symptoms similar to the flu, such as muscle aches, fever and headache. CNN: Has the incidence of Lyme disease increased in recent years? While most US cases involve travelers who contracted malaria from other parts of the world, locally transmitted cases have occurred, too.

Persons: Leana Wen, Wen, Ladislav Kubeš, Lyme, You’ve Organizations: CNN, Northern, George Washington University, Getty, US Centers for Disease Control, US Environmental Protection Agency Locations: Lyme, West, United States, Florida , Texas, Arizona, California, Maryland

☆ Unhappy workers may reduce global GDP by as much as 9%, Gallup estimates
▼ + stars: | 2024-06-13 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

Gallup, in its “State of the Global Workplace,” estimates that low employee engagement costs the global economy $8.9 trillion, or 9% of global GDP. That poll found that roughly 20% of workers globally reported feeling lonely, angry or sad on a daily basis. “[W]hen managers are engaged, employees are more likely to be engaged,” the report said. But the US and Canada also ranked second among employees experiencing daily stress (49%), right behind the Middle East and North Africa (52%). And countries in post-Soviet Eurasia ranked lowest in terms of daily stress (19%).

Persons: isn’t, —, ”, “, Gallup Organizations: New, New York CNN, Employees, Gallup, Global, “, South Asia, Soviet Eurasia Locations: New York, “ State, United States, Canada, Australia, New Zealand, America, Caribbean, East, North Africa, Europe, Soviet

☆ Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.
▼ + stars: | 2024-06-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Read previewAt a recent exhibition in Hong Kong, Saudi Arabia showcased its futuristic vision for its planned Neom megacity. It was part of Saudi Arabia's drive to secure billions in new investment for the project, which is the centerpiece of Saudi ruler Mohammed bin Salman's Vision 2030 strategy. China sees Saudi Arabia as not just a business opportunity but a way of undercutting the influence of its longtime Saudi ally, the US. AdvertisementIn April, Saudi Arabia's Public Investment Fund-subsidiary Alat signed a deal with Dahua Technology, one of China's most important surveillance technology firms. "The main risk today to Saudi Arabia's tech cooperation with China is the growing China-US tech war.

Persons: —, Mohammed bin Salman's, Xi Jinping, Mohammed bin Salman Al Saud, Yue Yuewei, Leonard Chan, Robert Mogielnicki, Abdullah Al, Crown Prince Mohammed, Alat, GREG BAKER, Camille Lons, Neom that's, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's, Biden Organizations: Service, Business, Saudi, Saudi Crown Prince, Getty, Hong Kong Innovative Technology Development Association, Gulf States Institute, Crown, Public Investment Fund, Dahua Technology, US, European Council, Foreign Relations, Saudi Arabian Crown, New York Times Locations: Hong Kong, Saudi Arabia, Saudi, Riyadh, Xinhua, China, Washington, Neom, Riyadh Tower, Beijing, Israel

☆ As the heat goes up this summer, so do cooling costs
▼ + stars: | 2024-06-13 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

The groups projected that the average cost across the country could be $719, a nearly 8% increase from the same period last year. In some regions that figure is higher; in Southern states like Texas, the average cost could hit $858. The forecast for summer cooling costs is based on federal data on regional electric prices, summer temperatures, and residential air conditioning, Wolfe said. Related stories"We are assuming a higher rate of temperature change, and recent heat waves are bearing this out," Wolfe said. Those who do may not turn it on in an effort to avoid higher bills, Wolfe said.

Persons: —, Mark Wolfe, May, Wolfe, Louis — Organizations: Service, Business, National Energy Assistance, Association, Center for Energy, Southwest, US Energy Information Administration, Low Income, Energy Assistance Locations: Southern, Texas, Phoenix, El Paso , Texas, York

☆ Top 10 countries where workers are thriving most, according to a new Gallup report
▼ + stars: | 2024-06-12 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

83% of survey respondents in Finland report to be "thriving," according to Gallup's 2024 State of the Global Workplace report. Those who are thriving report "significantly fewer health problems and less worry, stress, sadness, loneliness, depression and anger. Here are the 10 countries with the highest proportion of people who say they are thriving, according to Gallup's study. Notably, half of employees who are engaged at work are thriving in life overall," according to the report. Additionally, "when managers are engaged, employees are more likely to be engaged," according to the study.

Organizations: Gallup, U.S, Labour, CNBC Locations: Finland, Denmark, Iceland, Netherlands, Sweden, Israel, Norway, Costa Rica, Belgium, Australia, Europe, United States, East, North Africa, Asia, Vietnam, Taiwan, Singapore, Thailand, Philippines, China, Korea, Malaysia, Japan, Mongolia

Jake Paul is launching a personal care brand geared toward men. The YouTube influencer-turned-boxer announced on Wednesday the launch of "W," a skin-care company targeted toward men. The personal care line will feature products priced at less than $10 and will be available at Walmart . Young men are increasingly turning to social media and influencers for their sources of information. But Paul thinks the Kardashians and other celebrities have overlooked the opportunity for young men.

Persons: Jake Paul, Paul, deodorant, Paul isn't, Dwayne, Johnson, John Legend, Idris Elba, Gen, Boxer Jake Paul, he's, Logan Paul's, Kardashian, He's, Mike Tyson Organizations: YouTube, Walmart, CNBC, Amazon, Business Research Company, Pharrell, Netflix Locations: TikTok

☆ BTS’ Jin discharged from army service in South Korea
▼ + stars: | 2024-06-12 | by ( Reuters | Gawon Bae | ) edition.cnn.com time to read: +2 min

CNN —Wearing a uniform and black beret, Jin, the oldest member of K-pop phenomenon BTS, was discharged from South Korea’s army on Wednesday after 18 months of duty. He is the first member of the group to wrap up the mandatory national service that put their music careers on hold. The 31-year-old appeared emotional as he hugged his colleagues at a military base in Yeoncheon, Gyeonggi province, television footage showed. “I cried during the ceremony,” Jin said later during a livestream which racked up over 3 million views on the Weverse fandom platform. Beyond music, BTS members are bankable fashion icons.

Persons: CNN —, Jin, “, ” Jin, Louis Vuitton, Angela Weiss, Suga, Jimin, Valentino, Dior, Kim Jones Organizations: CNN, BTS, Getty, White Locations: South, Yeoncheon, Gyeonggi, Seoul, South Korea

☆ Raspberry Pi London IPO: Why investors are going gaga over a tiny, $35 computer
▼ + stars: | 2024-06-11 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Investors are snapping up the shares of a British maker of tiny computers after it went public on the London Stock Exchange Tuesday. Raspberry Pi stock soared as much as 40% in early trade before paring those gains slightly by 11.54 a.m. The Cambridge-based company started life in 2012 as a commercial subsidiary of the Raspberry Pi Foundation, a charity founded four years earlier to promote computer science in schools. To date, Raspberry Pi has sold more than 60 million computers worldwide, according to its website. Raspberry Pi plans to invest the funds raised in developing its products and expanding its educational activities.

Persons: Pi, Eben Upton, “ It’s, ” Russ Mould, AJ Bell, haven’t, ” Organizations: London CNN —, London Stock Exchange, Pi, Pi Foundation, Industrial, University of Cambridge, Nasdaq, Cambridge University, Sony, SONY, CNN Locations: British, Cambridge, New York, London

☆ Caitlin Clark: The reasons for and against the WNBA star’s exclusion from the Team USA Olympic roster
▼ + stars: | 2024-06-11 | by ( Matias Grez | ) edition.cnn.com time to read: +10 min

CNN —USA Basketball’s decision to omit Caitlin Clark from the Olympic roster was initially met with some shock. However, USA Basketball has made a “terrible decision,” according to CNN Sport analyst Christine Brennan, by omitting a phenomenon like Clark from the roster. Breanna Stewart, a two-time WNBA champion, Brittney Griner, a nine-time All Star and A’ja Wilson, a two-time MVP, have all represented Team USA at an Olympic Games before. “She’s the biggest thing in sports, not just women’s basketball in the United States,” Brennan said of why Clark should be included. With or without Clark, Team USA is the overwhelming favorite to win gold in Paris and continue its unbeaten Olympic record stretching back to 1992.

Persons: Caitlin Clark, Clark, wasn’t, ”, Christine Brennan, She’s, ” Clark, Brian Spurlock, I’m, Alyssa Thomas’s, Diana Taurasi’s, Breanna Stewart, Brittney, A’ja Wilson, Greg Fiume, Sabrina Ionescu, Jackie Young, Stewart, Betnijah Laney, it’s “, “ I’ve, “, that’s, ” Brennan, Caitlin, Don Riddell, Brennan, Gregory Shamus, Diana Taurasi, Diana, ’, ” Stewart, Taurasi, Paige Bueckers, USA, Jennifer Rizzotti, she’s, Jayne Kamin, There’ll, Rebecca Lobo, Candace Parker, –, Christian Laettner, women’s Organizations: CNN, USA, WNBA, CNN Sport, Chicago Sky, Indiana Fever, Indiana, Team USA, Olympic, Getty, NCAA, Hamilton, Fever, Basketball, “, Iowa, Sports, Reuters, USA Basketball, Team USA’s, NBA Locations: Paris, …, Iowa, Long, men’s, United, United States, Clark, America, Africa, Europe

Where to watch USA vs. India in the USThe USA vs. India game will live stream on Wednesday at 10:30 a.m. Shop at FuboWhere to watch USA vs. India in the UKThe USA vs. India game will be shown on Sky Sports in the UK. Where to watch USA vs. India in AustraliaThe USA vs. India game will live stream through Prime Video in Australia. Where to watch USA vs. India in IndiaThe USA vs. India game will live stream for free through the Disney+ Hotstar mobile app in India. How to watch USA vs. India from anywhereThose who will be traveling away from home when the USA vs. India game takes place can keep up with their live subscriptions using a VPN.

Persons: Sling's Desi, Fubo, ExpressVPN Organizations: Business, national, teams, ICC, Nassau County International Cricket, USA, Canada, Pakistan, India, Ireland, Willow, Sky Sports, Disney Locations: United States, New York, India, Pakistan, USA, Ireland, Australia

☆ Fact check: Trump falsely claims Iran didn’t fund terror groups when he was president
▼ + stars: | 2024-06-11 | by ( Daniel Dale | ) edition.cnn.com time to read: +7 min

They weren’t funding Hamas, and they weren’t funding anything. They weren’t funding Hezbollah,” Trump, now the presumptive Republican presidential nominee, said in a May interview with right-wing host Dan Bongino. Trump’s own administration said in 2020 that Iran was continuing to fund terror groups including Hezbollah. Trump could have fairly said that his sanctions on Iran had made life more difficult for terror groups (though it’s unclear how much their operations were affected). “Iran has never ceased funding many of its core proxy groups” such as Hezbollah, said Phillip Smyth, who studies Iran’s proxies.

Persons: Donald Trump, ” Trump, Dan Bongino, Phil McGraw, Phil, Trump, Pompeo, Trump’s, Mike Pompeo, ” Pompeo, “ We’re, “, ”, Ali Vaez, Hanin Ghaddar, Colin Clarke, Phillip Smyth, Brian Hook, ” Hook Organizations: Washington CNN, Hamas, CNN, Hezbollah, State, Trump, Crisis, The Washington Institute for Near, Washington Post, ” Reuters, The, The Stockholm International Peace Research Institute, Islamic Revolutionary Guard Corps, Qods Force Locations: Iran, Lebanon, Hamas, Palestinian, Israel, “, Tehran, Syria, Iraq, The Stockholm, Bahrain, Yemen, Qaeda, Europe, Africa, Asia

☆ Back-to-back shark attacks in Florida, 2 critically injured. Why the Sunshine Sate tops the rankings of shark bites globally.
▼ + stars: | 2024-06-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Two shark bite incidents in Florida on Friday occurred within 90 minutes of each other. The attacks left two people in a severe condition and a third in a stable condition. Florida has consistently topped global rankings for the number of shark bites. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo shark bite incidents just 90 minutes apart at two separate beaches on Florida's Gulf coast, left three people injured on Friday.

Persons: —, Ryan Crawford, Crawford Organizations: Service, Walton Fire, Business Locations: Florida, Walton

☆ The U.S. added 600,000 new millionaires last year as AI fueled markets
▼ + stars: | 2024-06-07 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

America's millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini . Their combined fortunes grew to $26.1 trillion, up 7% from 2022. Capgemini defines millionaires as those with investible assets of $1 million or more not including primary residence, collectibles or consumer durables. The number of millionaires worldwide grew 5.1% last year, to 22.8 million, according to the report. Their combined fortunes grew to a record $86.8 trillion.

Persons: Robert Frank, Elias Ghanem, Ghanem Organizations: B2m, Capgemini Research Institute, Financial Services, U.S, Nasdaq Locations: Capgemini, North America, Asia, Pacific, Europe, America, Africa, North, U.S

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