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☆ New Covid FLiRT variants spark concerns of a summer spike
▼ + stars: | 2024-05-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — New strains of Covid-19 are spreading globally, raising concerns among health professionals about a possible summer spike in cases, four-and-a-half years since the onset of the pandemic. The FLiRT variants — whose label derives from the names of the mutations in the variants' genetic code — have been rising in the U.S. and Europe as the coronavirus continues to mutate from earlier strains. Cases of KP.1.1, another FLiRT variant, have also risen to account for 7.1% of current infections, the agency said. In Europe, too, cases have been rising, with the new variant now detected in 14 countries. The World Health Organization in its latest update earlier this month said that cases remain limited in all reporting countries.

Persons: John Organizations: omicron, John Hopkins Bloomberg School of Public Health, Centers for Disease Control, World Health Organization Locations: U.S, Europe

☆ AI will power the stock market for the next decade, former Cisco CEO says
▼ + stars: | 2024-05-22 | by ( April Roach | ) www.cnbc.com time to read: +2 min

John Chambers, CEO of Cisco, at the 2015 CGI Annual Meeting in New York. Adam Jeffery | CNBCArtificial intelligence will power the stock market for the next decade, former Cisco CEO John Chambers told CNBC on Wednesday. "AI will power the stock market for the next decade," Chambers told CNBC's Karen Tso on the sidelines of the VivaTech conference in Paris. watch nowChambers said 38% of venture capital in the U.S. in the first quarter went into AI stocks. Chambers compared Nvidia's place in the AI market to Cisco's position in the internet market.

Persons: John Chambers, Adam Jeffery, Chambers, CNBC's Karen Tso, Maurice Lévy, Lévy Organizations: Cisco, CNBC, JC2 Ventures, Nvidia Locations: New York, Paris, U.S, Europe

☆ Nvidia, Powered by A.I. Boom, Reports Soaring Revenue and Profits
▼ + stars: | 2024-05-22 | by ( Don Clark | ) www.nytimes.com time to read: +1 min

Nvidia, which makes microchips that power most artificial intelligence applications, began an extraordinary run a year ago. Fueled by an explosion of interest in A.I., the Silicon Valley company said last May that it expected its chip sales to go through the roof. They did — and the fervor didn’t stop, with Nvidia raising its revenue projections every few months. Its stock soared, driving the company to a more than $2 trillion market capitalization that makes it more valuable than Alphabet, the parent of Google. On Wednesday, Nvidia again reported soaring revenue and profits that underscored how it remains a dominant winner of the A.I.

Persons: sevenfold Organizations: Nvidia, Google, Revenue Locations: A.I

☆ Miner Anglo American rejects third takeover offer from rival BHP Group as talks deadline extended
▼ + stars: | 2024-05-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

(Photo by William WEST / AFP) (Photo by WILLIAM WEST/AFP via Getty Images)LONDON — Anglo American rejected a third takeover proposal from rival BHP Group on Wednesday, as the companies agreed to extend talks deadline by one week. The British miner confirmed the third proposal from BHP offered about £29.34 per Anglo American share, based on undisturbed share prices as of market close on April 23. Shares of Anglo American were up 0.35% shortly after the announcement, while BHP shares fell over 3.4%. The combined companies would form a behemoth in copper mining and the world's largest player in the space, supplying 10% of global output, according to a Reuters analysis. Anglo rejected both previous offers, however, saying that they "significantly undervalue the company and its future prospects."

Persons: Stuart Chambers, Chambers, Duncan Wanblad Organizations: BHP, William WEST, WILLIAM WEST, Getty, BHP Group, London Stock Exchange, Limited, Iron Ore Limited, Rio Tinto Locations: Melbourne, Australian, AFP, American, London, Australia

☆ Caitlin Clark battles through ankle injury as Indiana Fever falls to fourth consecutive WNBA loss
▼ + stars: | 2024-05-21 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —The Indiana Fever’s winless start to the season continued on Monday with a narrow 88-84 loss to the Connecticut Sun, but it was an ankle injury suffered by No. 1 overall pick Caitlin Clark that will likely have left the team most concerned. “I turned it pretty good,” Clark told reporters after the game. “I think it just got caught, I don’t think I stepped on anybody. Clark returned to the game and finished with 17 points.

Persons: Caitlin Clark, Clark, –, – Clark, “, ” Clark, you’ve, you’re, Michael Conroy, “ It’s, Alyssa Thomas Organizations: CNN, Indiana, Connecticut Sun, Fever, Aliyah Boston, Seattle Storm Locations: Connecticut, ” Connecticut

CNN —The defense rested its case in Donald Trump’s criminal hush money trial on Tuesday after roughly 90 minutes of testimony – and without the former president taking the stand. Here are takeaways from the final day of testimony in the Trump hush money trial:Trump doesn’t take the standOver the last several months, Trump repeatedly teased that he would take the stand in his own defense. “That was a lie,” Blanche alleged of Cohen’s testimony he spoke to Trump about moving forward with the hush money deal. Prosecutor Susan Hoffinger also tried to remind jurors that it was Trump – not Cohen – who was on trial in this case. In their first meeting, Costello said Cohen was “absolutely manic” and suicidal after the FBI raid on his properties.

Persons: Donald Trump’s, Robert Costello, Michael Cohen, Trump, Cohen, ” Trump, Todd Blanche, Costello, Sandoval, –, Jean Carroll, Donald J, Stormy Daniels, Karen McDougal, Cohen –, Trump’s, Blanche, Keith Schiller, Schiller, Daniels, ” Blanche, Keith, ” Cohen, Prosecutors, Susan Hoffinger, Trump –, ” Hoffinger, “, Juan Merchan, ” Merchan, Merchan, ” Costello, Emil Bove, Bob, Donald Trump, ”, scold Costello, Hoffinger, Rudy Giuliani, Mercahn Organizations: CNN, FBI, Publicly, Trump, New, Mr, Giuliani Locations: Wisconsin, New York, Florida

☆ TV meteorologist attacks Florida’s new ‘Don’t Say Climate Change’ law on-air
▼ + stars: | 2024-05-21 | by ( Sean Clark | ) edition.cnn.com time to read: 1 min

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☆ Wilson deal: Caitlin Clark just did something no athlete has done since Michael Jordan
▼ + stars: | 2024-05-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Breakout basketball star Caitlin Clark has a new achievement that hasn’t been accomplished since Michael Jordan. The WNBA player signed a multiyear deal with Wilson Sporting Goods Co., the league’s official basketball supplier, for “signature basketball collections celebrating Clark’s continued legacy,” the company announced Tuesday. In addition, she will “creatively direct her first-ever signature basketball line” that will roll out later this year. Wilson, which has produced the basketballs for the NBA for several decades, became the official game ball of the WNBA in 2020. Nike is also reportedly on the verge of signing Clark to design her shoe line, but no official deal has been formally announced.

Persons: Caitlin Clark, hasn’t, Michael Jordan, Clark’s, Wilson, Clark, “ Wilson, ” Clark, ” Organizations: New, New York CNN, WNBA, Wilson Sporting Goods Co, CNN, NBA, Indiana Fever, ESPN2, ESPN, Nike, Farm, Gatorade, Panini Locations: New York

☆ World Economic Forum founder Klaus Schwab to step back from executive role
▼ + stars: | 2024-05-21 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Klaus Schwab speaks as part of SWITCH GREEN during day 1 of the Greentech Festival at Kraftwerk Mitte aired on Sept. 16, 2020 in Berlin, Germany. The World Economic Forum confirmed Tuesday that founder Klaus Schwab is moving away from the day-to-day management of the organization after more than 50 years at the helm. The forum said that the move was part of a years' long strategy to change its management structure, shifting governance to a president and managing board. The forum did not reveal who would succeed Schwab and become the face of its elite annual meeting in Davos, Switzerland. The non-profit think tank confirmed that Schwab would transition to a role as chairman of the board of trustees.

Persons: Klaus Schwab, Brende, Schwab, WEF Organizations: Kraftwerk, Economic, CNBC Locations: Berlin, Germany, Davos, Switzerland

☆ Sources say they were ‘duped’ by Egypt changing ceasefire terms for Hamas
▼ + stars: | 2024-05-21 | by ( Alex Marquardt | Jeremy Diamond | ) edition.cnn.com time to read: +8 min

The ceasefire agreement that Hamas ended up announcing on May 6 was not what the Qataris or the Americans believed had been submitted to Hamas for a potential final review, the sources said. “We were all duped,” one of those sources told CNN. More of Hamas’ demands were inserted into the original framework that Israel had tacitly agreed to in order to secure Hamas’ approval, the source said. After discovering the Egyptian freelancing, Qatari Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani informed Israel’s intelligence service Mossad that Egypt had acted alone, two of the sources told CNN. The day before Hamas made their May 6 public announcement agreeing to the proposal, an Egyptian source told CNN that Egypt had received Hamas’ response and relayed it to the Israeli side.

Persons: Israel, Bill Burns, Burns, ”, Ahmed Abdel Khalek, Abdel Khalek, Abbas Kamel, ’, Abdel Kareem Hana, Antony Blinken, Mohammed bin Abdulrahman bin Jassim Al Thani, Benjamin Netanyahu, “, Bill Burns Bill Clark, Biden, Yahya Sinwar doesn’t, Critics of Netanyahu Organizations: CNN, Hamas, CIA, US, Biden, Military Locations: Gaza, Qatar, Israel, Egypt, Al Thani, Cairo, Washington, Rafah

☆ Can Artificial Intelligence Make the PC Cool Again?
▼ + stars: | 2024-05-20 | by ( Karen Weise | Brian X. Chen | ) www.nytimes.com time to read: 1 min

The race to put artificial intelligence everywhere is taking a detour through the good old laptop computer. Microsoft on Monday introduced a new kind of computer designed for artificial intelligence. The machines, Microsoft says, will run A.I. systems on chips and other gear inside the computers so they are faster, more personal and more private. The new computers, called Copilot+ PC, will allow people to use A.I.

Organizations: Microsoft, Acer, Asus, Dell, HP, Lenovo, Samsung

☆ My 13-year-old has been attached to her phone since she got it. I was surprised to see her happily leave it behind for a school dance.
▼ + stars: | 2024-05-20 | by ( Karen Johnson | ) www.businessinsider.com time to read: +4 min

That's why it was surprising to see her willingly, without hesitation, leave her beloved phone on the kitchen counter when she attended a middle school dance recently. But she knew the school policy — phones aren't allowed. I knew the pickup time and she knew she could borrow an adult's phone or use the school phone to call me if need be. She danced every song all night and came home breathless and happy, declaring the dance "the best night ever." They can also ask to borrow an adult's phone or use the school phone.

Persons: Taylor Swift, Olivia Rodrigo, breathless, Whitney Houston Organizations: Service, Nike Blazers

☆ Ocasio-Cortez Backs N.Y. Bill Limiting Donations to Israeli Settlements
▼ + stars: | 2024-05-20 | by ( Karen Zraick | ) www.nytimes.com time to read: +1 min

A long-shot effort by left-leaning New York state lawmakers to curtail financial support for Israeli settlements has drawn a big-name backer — but she doesn’t have a vote in Albany. Representative Alexandria Ocasio-Cortez, who rarely wades into state politics, publicly backed a bill on Monday that could strip New York nonprofits of their tax-exempt status if their funds are used to support Israel’s military and settlement activity. Her involvement underscores the extent to which the war in Gaza and Israel’s treatment of Palestinians more broadly have animated the left flank of the Democratic Party as a pivotal election approaches. “It is more important now than ever to hold the Netanyahu government accountable for endorsing and, in fact, supporting some of this settler violence that prevents a lasting peace,” Ms. Ocasio-Cortez said at a news conference. It was widely criticized by Albany lawmakers and declared a “nonstarter.” Now its sponsors say they plan to revise the bill to prohibit “aiding and abetting” the resettling of the Gaza Strip or providing “unauthorized support” for Israeli military activity that violates international law.

Persons: —, Representative Alexandria Ocasio, Cortez, Netanyahu, ” Ms, Ocasio, Zohran Mamdani, Jabari Brisport, ” Organizations: Representative, Democratic Party, West Bank, Albany Locations: New York, Albany, York, Gaza, New York State

☆ Opinion: Credibility is the key at Trump trial
▼ + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.

Persons: CNN —, ” Mark Twain, “, Twain, ” Michael Cohen, Donald Trump, —, Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, ”, pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, ‘, Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, ’, Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, “, Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham

☆ Trump's hush money verdict hinges on a single piece of paper. See the most important evidence in the case.
▼ + stars: | 2024-05-19 | by ( Laura Italiano | ) www.businessinsider.com time to read: +13 min

Read previewWelcome to People's Exhibit 35, the single most important piece of evidence in the Donald Trump hush-money trial. People's 35 is the fulcrum for the entire case. What People's 35 does not have is Trump's fingerprints, a point that the defense is sure to press during closing arguments next week. AdvertisementProsecutors allege that Trump's payments to Cohen were falsified to conceal hush money paid to adult film star Stormy Daniels. "Yes," Cohen answered, as Trump watched from the defense table"And what, if anything, did Mr. Trump say at the time?"

Persons: —, Donald Trump, Trump, Michael Cohen, Cohen, Stormy Daniels, we'll, Allen Weisselberg, Weisselberg, Cohen —, Reince, Jon Elswick, Susan Hoffinger, Daniels, Hoffinger, Todd Blanche, — Cohen, Keith Davidson, Davidson, Karen McDougal, Playboy Bunny, Trump's, Melania Trump, peddled, Charlie Sheen, Hulk Hogan, Lindsay Lohan, Tila, RedFinch, That's Allen Weisselberg's, Allen, — it's, Trump —, Mary Altaffer Organizations: Service, Business, Attorney's, Trump Organization, Trump, Prosecutors, AP, Manhattan, BI Prosecutors, Essential, Consultants, Tahoe, National Enquirer, RedFinch Solutions, RedFinch, People's, frick Locations: Manhattan, Virginia

☆ Caitlin Clark scores 22 points but winless Indiana Fever suffer third straight defeat
▼ + stars: | 2024-05-19 | by ( Matias Grez | ) edition.cnn.com time to read: +1 min

CNN —Caitlin Clark had the best individual game of her fledgling WNBA career to date, registering 22 points, six rebounds and eight assists, but it wasn’t enough to prevent the Indiana Fever from losing a third straight game. The Fever lost 91-80 to the New York Liberty on Saturday to begin the season 0-3, though the performance was a marked improvement on the 36-point drubbing suffered against the same opponent two days earlier. Clark’s 22 points came on an efficient 52.9% shooting, including 4-of-10 from three-point range, but the recent No. “I thought I came out and just played harder [than two nights ago], and I think that’s going to be just my biggest focus going forward,” Clark said, per ESPN. Next up for the Fever is Monday’s match against the Conneticut Sun – a repeat of the Fever’s season opener – as Clark goes in search of her first WNBA win, while the Liberty will face the Seattle Storm.

Persons: Caitlin Clark, drubbing, ” Clark, “, “ I’m, Breanna Stewart, –, Clark Organizations: CNN, WNBA, Indiana Fever, Fever, New York Liberty, ESPN, Liberty, Barclays Center ., Seattle Storm Locations: Liberty

☆ With Caitlin Clark in Town, All Eyes Were on Brooklyn
▼ + stars: | 2024-05-18 | by ( Sandra E. Garcia | ) www.nytimes.com time to read: +1 min

Some of the raucous crowd was there to watch Caitlin Clark — the Fever’s wunderkind rookie — play her first professional game in New York City, some were Liberty fans, and more than a few seemed to be there to cheer for both sides. There were celebrities sitting courtside, like Billie Jean King, Jason Sudeikis, Megan Rapinoe and the actress Amy Ryan. And there was basketball royalty in the building as well, including Sue Bird, Pau Gasol and Dawn Staley, the coach of the South Carolina women’s basketball team that beat Ms. Clark’s Iowa Hawkeyes in this year’s N.C.A.A. tournament final. Every time the Jumbotron flashed one of the famous faces, the crowd seemed to get even more electric.

Persons: Caitlin Clark —, —, Billie Jean King, Jason Sudeikis, Megan Rapinoe, Amy Ryan, Sue Bird, Pau Gasol, Dawn Staley Organizations: Barclays Center, New York Liberty, Indiana, Liberty, Carolina women’s, Clark’s Iowa Hawkeyes Locations: New York City

☆ Under Armour was a real threat to Nike. Now it’s fighting to stay relevant
▼ + stars: | 2024-05-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +10 min

It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.

Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, ”, David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, “, —, Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, —, Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP

☆ I toured Warren Buffett's hometown: Despite huge wealth, 'it's all very understated,' says 'Buffettology' author
▼ + stars: | 2024-05-18 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. I've written about personal finance and investing for 11 years, which means I've spent just about the same amount of time covering legendary investor Warren Buffett. Along with tens of thousands of investors, I traveled to Omaha, Nebraska, in early May to attend the annual shareholders meeting of Berkshire Hathaway, the company Buffett helms. I was meeting Clark for lunch. The whales and the wannabes come to Omaha to be seen, Clark told me over lunch, but also to get a peek into Buffett's world.

Persons: Warren Buffett, I've, Berkshire Hathaway, Buffett helms, David Clark, Buffett, Cherry Cokes, Clark, He's Organizations: Berkshire, Oracle Locations: Omaha , Nebraska, Omaha, Berkshire

☆ Caitlin Clark Is Here. Can the Business of the W.N.B.A. Flourish?
▼ + stars: | 2024-05-18 | by ( Jacob Meschke | Santul Nerkar | ) www.nytimes.com time to read: +1 min

And the start of the 2024 W.N.B.A. season has many wondering if the sport is entering a new economic era. The arrival of stars like Caitlin Clark, the former University of Iowa phenom who is now a rookie with the Indiana Fever, has boosted interest and ticket sales. But there are still obstacles the league needs to overcome before attaining the kind of stature that other professional sports leagues have. The league has long had stars, but it has struggled to market their skills and personalities to a mass audience.

Persons: Caitlin Clark, capitalizes Organizations: University of Iowa, Indiana Fever

☆ Benedictine Sisters denounce Harrison Butker’s speech as his jersey sales rise
▼ + stars: | 2024-05-18 | by ( The Athletic Staff | ) www.nytimes.com time to read: +4 min

AdvertisementIn a statement released Friday, the sisters of Mount St. Scholastica said they “do not believe that Harrison Butker’s comments in his 2024 Benedictine College commencement address represent the Catholic, Benedictine, liberal arts college that our founders envisioned and in which we have been so invested. “Instead of promoting unity in our church, our nation, and the world, his comments seem to have fostered division. These women have made a tremendous difference in the world in their roles as wives and mothers and through their God-given gifts in leadership, scholarship, and their careers.”The Benedictine Sisters are a founding institution and sponsor of Benedictine College, according to the Mount St. Scholastica website. Butker’s jersey sales appear to be rising significantly since he delivered the 20-minute speech. (Christian Petersen / Getty Images)The NFL distanced itself from the ideas Butker expressed in his speech.

Persons: Scholastica, Harrison Butker’s, ”, Harrison, …, Tavia Hunt, Clark Hunt, Instagram, “, ” Hunt, Christian Petersen, Butker, Jonathan Beane, ” Beane, Lou Holtz, ” Holtz, Harrison Butker, Tim Nwachukwu Organizations: Benedictine College, Catholic, Kansas City Chiefs, Month, Benedictine, Chiefs Pro Shop, Chiefs, The Athletic, Institute for Family Studies, Getty, NFL, Athletic, People, America Locations: Mount St, Atchison , Kansas, St

☆ Yemen's Houthi rebels are menacing ships on the high seas
▼ + stars: | 2024-05-17 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Read previewHouthi militants showed in late April that they can expand their war on international shipping far beyond the Red Sea. AdvertisementHe noted that the Shehab's reported range of 990 miles puts it "well within range" of international shipping. The British-registered cargo ship 'Rubymar' sank in March after it was targeted by Yemen's Houthi forces in the Red Sea. "Once they enter the Red Sea, though, ships can be tracked by spotters ashore or on boats or using mobile Houthi radars ashore. "Nevertheless, with the rate of Houthi advances, and increases in speed, control, and maneuverability in-transit, international shipping could soon prove vulnerable."

Persons: —, Good Hope, Bryan Clark, James Patton Rogers, Rogers, Samad, Yemen's, Mohammed Hamoud, Clark Organizations: Service, MSC Orion, Business, Hudson Institute, Cornell Tech Policy Institute, US, EU, AIS, Orion, Ships Locations: of Africa, Africa's, Good, Red, Ukraine, Israel

☆ The US secretly sent communist-friendly Coca-Cola to a Soviet general in a bid to maintain good ties across the Iron Curtain
▼ + stars: | 2024-05-17 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +5 min

Read previewAs World War II ended and the Iron Curtain fell over Eastern Europe, relations deteriorated between the Soviet Union and its Western allies. Zhukov had developed an intense liking for Coca-Cola, a drink now illegal in the Soviet Union. PH/Sherman Montrose ACMECoca-Cola's steadfast support for the Allied war effort helped make it both distinctly American and recognizable worldwide. CORBIS/Corbis via Getty ImagesAt Zhukov's request, the new beverage wasn't put in the usual Coke bottles but instead in unmarked, straight-edged bottles. Its rival Pepsi eventually gained a virtual monopoly in the Soviet Union, which the Soviets maintained — once trading several warships for $3 billion worth of Pepsi — until 1985.

Persons: —, Georgy Zhukov, Zhukov, Truman, Robert Woodruff, Dwight Eisenhower, Richard Bong, Henry, Hap, Arnold, Coke, Eisenhower, Getty Images Zhukov, Mark W, Clark, Harry Truman, James Farley, It's Organizations: Service, Soviet Union, Business, Sherman, Sherman Montrose ACME, US, US Army, Army Air Forces, Allied, Keystone, Getty Images, Cola Export Corporation, Getty, Cola, Pepsi Locations: Eastern Europe, Soviet, Soviet Union, Cassino, Italy, Sherman Montrose, North Africa, Coke, Montgomery, Frankfurt, Germany, France, American, Austria, Dehradun, India, Vienna, East

☆ House committee hearing disrupted as Marjorie Taylor Greene and AOC clash over 'fake eyelashes' jibe
▼ + stars: | 2024-05-17 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Read previewA House Oversight Committee was disrupted on Thursday evening when Reps. Marjorie Taylor Greene and Alexandria Ocasio-Cortez exchanged barbs that led to nearly an hour of disorder. The pair traded jibes until Ocasio-Cortez told Greene, "Oh, girl, baby girl, don't even play." AdvertisementOh girl, baby, girl... don't even play!' Chairman Comer suspended the hearing while they decided whether to strike Greene's words. AOC and Greene have a long history of animosityIn 2021, Greene attacked Ocasio-Cortez with a slew of offensive remarks.

Persons: —, Marjorie Taylor Greene, Alexandria Ocasio, Cortez, Merrick Garland, Joe Biden's, Robert Hur, Greene, Judge Juan Merchan, Donald, Jasmine Crockett, MAGA, Joe Biden, Jemal Countess, New York Democrat Ocasio, James Comer, Comer, Crockett, Marjorie Taylor Greene Bill Clark, MTG, Ocasio, H6rXG66GJk Organizations: Service, Business, Georgia Republican Rep, Texas Democratic, U.S . Rep, New York Democrat, Getty, Greene, CNN Locations: Alexandria, New York, Ocasio, Cortez, American, America

☆ European markets to open lower after snapping nine-day winning streak
▼ + stars: | 2024-05-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: 1 min

European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment. The pan-European Stoxx 600 closed lower Thursday as earnings misses from Siemens and EasyJet weighed on the index. Earnings come Friday from Richemont and Engie , while inflation updates are due out of the U.K. and euro zone.

Persons: EasyJet Organizations: Siemens Locations: Richemont

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