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☆ Inside the island fortress of America's mega-billionaires
▼ + stars: | 2024-09-22 | by ( Guthrie Scrimgeour | ) www.businessinsider.com time to read: +21 min

An Israeli-designed radar system encircling the island can detect passersby, in low visibility, from half a mile away. Often described as "butlers with badges," the Indian Creek police force is unlike most of its counterparts. The Indian Creek radar can detect objects on the water and use artificial intelligence to classify them according to the risk they pose. With the new security system, the Indian Creek police appear to have turbocharged their enforcement of regulations in the surrounding waters. Properties in the neighborhood are also being bought up by opaquely named LLCs tied to Indian Creek residents.

Persons: —, I've, I'm, — they're, Norman Braman's, Tom Brady, Carl Icahn, Jeff Bezos, we've, Tiffany, William Henry Hoover, Frank Woolworth, Saratta, Gerardo Vildostegui, Vildostegui, it's, Irma Braman, Bernard Klepach —, Mike Bullman, Chandan Khanna, Justin Ross, who's, Ross, Gail Golden, Javier Holtz, Marko Gojanovic, Gojanovic, he's, Dina Goldentayer, Don Shula, opaquely, LLCs, Julio Iglesias, Surfside, Tim Will, Will, America's, Elon Musk, you'd, there's, Brian Daniel, Low, John Bernardo, Klepach, Guthrie Organizations: Public Space Research, City University of New, Indian, Jewish, Indian Creek Country, Security Solutions, Police, Getty, Biscayne, Indian Creek Police, Marquis Bank, Miami Dolphins, BI, CUNY Locations: Indian, Biscayne Bay, America, Miami, Qatar, Israeli, City University of New York, Florida, Surfside, Surfside's, York City, United Kingdom, Japan, Germany, India, stoke, Washington , DC

☆ Hezbollah fires rockets deep into northern Israel as tensions flare. Here’s what we know
▼ + stars: | 2024-09-22 | by ( Sophie Tanno | ) edition.cnn.com time to read: +7 min

On Saturday Israel pounded Hezbollah targets with nearly 300 strikes it what they described as preemptive action to thwart a planned attack. Hezbollah meanwhile has been launching a barrage of rockets and other projectiles at Israel in what it says is retaliation for Israeli attacks in Lebanon. Israel meanwhile fired nearly 300 projectiles into southern Lebanon on Saturday in what the military said was pre-emptive action against a planned Hezbollah attack. Israel continued its strikes into Sunday, with Lebanon’s official National News Agency (NNA) reporting two people were killed Sunday morning in southern Lebanon. Speaking on Sunday, Netanyahu again put the focus on ensuring the return of Israel citizens to their homes in northern Israel and to restore security in that region.

Persons: pagers, Firass Abiad, Ibrahim Aqil, Tsur Shalom, Israel, Bilal Hussein, Israel Herzog, Israel “, Naim Qassim –, Hassan Nasrallah –, Benjamin Netanyahu, Netanyahu, ” Organizations: CNN, Israel, Hezbollah –, Hezbollah, National News Agency, Sky News, Hamas Locations: Israel, Gaza, Lebanese, Lebanon, Hezbollah, Iran, Beirut, Wednesday, Kiryat, Moreshet, Haifa, Will, United States, Beirut's, Yemen, Syria, Iraq, Israeli

The fight over Wisconsin — considered a must-win for Harris as part of Democrats’ so-called blue wall — could tilt the election. Tim Walz has re-energized staff members in the state, a campaign official told NBC News. With more than 200 staffers statewide, the Harris campaign touts 48 offices across Wisconsin, including some in smaller, more rural areas that Trump won in 2020. But the Trump campaign is mounting its own effort in the state. An RNC official also said the Trump campaign and the Wisconsin GOP have more than 70 staff members and 40 offices across the state.

Persons: Kamala Harris, Harris, Donald Trump —, Wisconsin —, ’, Tim Walz, Trump, Walz, Gwen Walz, Walz —, Dane County, Sen, JD Vance, it’s, “ Kamala Harris, ”, Anna Kelly, haven’t, doesn’t bode, ” Kelly Organizations: Trump, Quinnipiac University, Marist College, Wisconsin, Democratic, Minnesota Gov, NBC News, United Auto Workers, Teamsters, Superior, Convention, Republican National Committee, RNC, Wisconsin GOP, University of Wisconsin Locations: MADISON, Wis, Wisconsin, Harris, Quinnipiac’s, Marist’s, Midwest, Superior, Wisconsin’s, Minnesota, Duluth , Minnesota, Milwaukee, Madison, Dane, Dane County, Ohio, Eau Claire

☆ Couple dies while snorkeling during Hawaii babymoon
▼ + stars: | 2024-09-20 | by ( Samantha Kubota | ) www.nbcnews.com time to read: +2 min

Family and friends are mourning the deaths of a Washington state couple who died while snorkeling on vacation in Hawaii. Family members identified the couple on their verified GoFundMe page as 25-year-old Ilya Tsaruk and 26-year-old Sophia Tsaruk. Local NBC affiliate KING reports the couple lived in Snohomish, Washington, according to public records. In an interview with local news outlet KITV, family members said the Tsaruks traveled to Hawaii for a babymoon with two other couples, including Ilya Tsaruk’s brother and his wife. “We don’t think that she suffocated in the mask,” Ilya Tsaruk’s brother Anatoliy Tsaruk told KITV.

Persons: Ilya Tsaruk, Sophia Tsaruk, Ilya Tsaruk’s, Anatoliy Tsaruk, KITV, ”, Melody, “, ” Taisiya Tsaruk Organizations: Local NBC, KING Locations: Washington, Hawaii, Maui, Maui County, Snohomish , Washington

☆ Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
▼ + stars: | 2024-09-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime. They will also be prevented from avoiding inheritance tax on assets held in trust. The majority (83%) cited inheritance tax on their worldwide assets as their key motivator for leaving, while 65% also referenced changes to income and capital gains tax. Where the wealthy are movingIt comes as other countries are shaking up their tax regimes to incentivize wealthy investors. Ultra-wealthy U.K. citizens, who are typically highly active in the super-prime market, are also in "wait and see" mode ahead of possible changes to capital gains and inheritance tax.

Persons: Keir Starmer, Rachel Reeves, Macleod, Miller, they'll, Leslie Macleod, Helena Moyas de Forton, Moyas de Forton, Labour's, Alexander Spatari, I'm, Marcus Meijer, Mark, CNBC's, it's, James Myers, Oliver James, Myers, Knight Frank, Stuart Bailey, Knight Frank's, they're, Bailey Organizations: Old Bond, Pawel, Bank, Getty, Labour, Oxford Economics, Conservative, Investors, Britain, CNBC, Treasury, EMEA, Christie's, Estate, Henley & Partners, Monaco, London, Istock Locations: Old, Mayfair, London, United Kingdom, Monaco, Italy, Switzerland, Dubai, They're, Britain, Greece, Malta, Caribbean, Bahamas, Monte Carlo, Gibraltar, South Kensington, England

☆ This tech billionaire could be the richest in the world through stock alone a year from now
▼ + stars: | 2024-09-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

An unlikely technology billionaire could come out on top in the battle of the world's richest a year from now. That briefly positioned Ellison as the richest person in the world behind Musk and ahead of Bezos. This could boost the ex-CEO's fortune by $27.8 billion to $203.9 billion, placing him less than $3 billion behind Ellison in stock value. That could mean a windfall for CEO Huang's stock fortune, lifting his stake by $27.2 billion to $128.7 billion. Musk's Tesla stake could decline nearly 11% to $89.6 billion from roughly $100.3 billion as of Thursday's close.

Persons: Larry Ellison, Jeff Bezos, Elon Musk, Jensen Huang, Ellison, Larry, Kim Forrest, I'm, Amazon's, Tesla Organizations: Oracle, Nvidia, Bokeh Capital Partners, Federal Reserve Locations: Bezos

☆ Lebanon attacks: What we know about the pager and walkie-talkie explosions
▼ + stars: | 2024-09-19 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

CNN —Lebanon is reeling after facing deadly back-to-back attacks targeting Hezbollah members – with pagers simultaneously exploding across the country on Tuesday, then walkie-talkies detonating in a similar fashion on Wednesday. At least 22 people, including children, have died so far from the two attacks, which Lebanese officials have blamed on Israel. Firefighters put out flames and a crowd gathers after a reported explosion in Saida, Lebanon, on September 18, 2024. How have Hezbollah, Israel and the world responded? It appears US officials were largely in the dark until reports emerged of the explosions, according to three sources familiar with the matter.

Persons: pagers, Mahmoud Zayat, Benjamin Netanyahu, Israel, Mohamed Azakir, ICOM, “, Abdallah Bou Habib, Yoav Gallant, ” Gallant, ” Organizations: CNN, pagers, Firefighters, Getty, Hamas, American University of, American University of Beirut Medical Center, The New York Times, NBC News, Lebanon’s, United Nations Security Council, Israeli, UN, ”, Human Rights Watch Locations: Lebanon, Israel, Beirut, Iran, Saida, AFP, Gaza, Yemen, Syria, Iraq, Israeli, American University of Beirut, Asia, Europe, Hungarian, Budapest, United States

☆ Anti-Defamation League suing Intel, its first-ever discrimination case against major American company
▼ + stars: | 2024-09-19 | by ( Alexandra Ferreyros | Cnbc Intern | ) www.cnbc.com time to read: +5 min

For the first time in its century-plus history, the Anti-Defamation League is suing a Fortune 500 company, Intel , joining a case brought by the law firm of Wigdor on behalf of a former Israeli employee of the technology firm. Intel has operated in Israel for 50 years, where it has invested more than $50 billion, and remains one of Israel's largest private employers with more than 11,700 Israeli employees. The company estimated $8.7 billion in exports from its Intel operations, accounting for 5.5% of Israel's high-tech exports and 1.75% of the country's GDP, in 2022. When employers do not meet their legal obligations in protecting their Jewish employees, ADL will not hesitate to act." The former Israeli employee also recently sent an open letter to Intel's board of directors about his complaint.

Persons: wasn't, Jonathan Greenblatt, Greenblatt, Google, we've Organizations: Defamation League, Fortune, Intel, ADL, CNBC, Google Locations: Wigdor, Israel, U.S, boardrooms, Gaza

☆ I stayed in a $290-a-night glamping tent off the coast of Singapore to put the 'slow living' lifestyle to the test
▼ + stars: | 2024-09-18 | by ( Erin Liam | ) www.businessinsider.com time to read: +8 min

But on a three-day trip to Lazarus Island, a small island five miles from Singapore, I was forced to slow down. During the pandemic, they chanced upon a government initiative to promote sustainable tourism on Lazarus Island. Lee and Wong ended up winning a three-year tender to open Into the Woods on Lazarus Island in March 2023. With nowhere to eat on the island, guests can cook their own meals or pack food. Erin Liam/ Business InsiderWhen I returned from my trip, the cofounders told me they could not build en-suite toilets due to cost and time constraints.

Persons: —, Ray Lee, Sam Wong, Lee, Wong, they've, Erin Liam, Mike Harlow, Scott Dunn, we're, Glamping, Hilton, Lazarus Organizations: Service, Business, AutoCamp, Hyatt Locations: Lazarus, Singapore, Australia

☆ Georgia is rich in EV money and jobs
▼ + stars: | 2024-09-18 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

Since 2022, the Peach State has added over 30,000 clean energy jobs, more than any other state, according to a June study by Climate Power, a strategic communications firm. The Bipartisan Infrastructure Law allocated over $175 million toward the EV battery supply chain in Georgia and $135 million over five years toward infrastructure for EV charging stations in Georgia. Investments in EV and battery manufacturing will boost job growth and output in both of these sectors, Benson said. Strong population growth remains a tailwind for Georgia's economic growth and EV industry, Benson said. Between 2021 and 2022, there were 327,795 people who moved into Georgia, according to data from the Census Bureau.

Persons: —, Wells, Jackie Benson, Brian Kemp, It's, Biden, Benson Organizations: Service, Business, Peach State, Climate Power, Investments, Atlanta -, EV, Atlas Public, Environmental Defense Fund, Biden Administration, Law, Infrastructure Law, Hyundai, Kia, The Peach State Locations: Georgia, Wells, Atlanta, Georgia , Alabama, North Carolina, South Carolina, Tennessee, Michigan, West Point , Georgia, Wells Fargo, Florida , Texas , California, California, Texas

One out of 4 of the 31,000 homeowners in the coastal parish live there without homeowners insurance — one of the highest percentages in the United States. Across the country, 13.4% of homeowners — about 1 in 8 — are unprotected by homeowners insurance, according to an NBC News analysis of new Census Bureau data. It’s a double-edged sword.”The Census Bureau data shows how many homeowners pay less than $100 — or nothing at all — for homeowners insurance. According to the Census Bureau survey, which was taken in 2023, 20.8% of homeowners without mortgages also lack meaningful homeowners insurance. Among mortgage-holders, 8.5% don’t have meaningful homeowners insurance — and while banks require owners with mortgages to have homeowners insurance, gaps in coverage do happen.

Persons: Hurricane Francine, “, ”, Shannon Martin, you’re, Martin, ” Martin, Mark Friedlander, ” Friedlander, There’s, Daryl Fairweather, Redfin’s, ” Fairweather Organizations: NBC, Bankrate, Insurance Information Institute, “ Insurance Locations: Louisiana’s Terrebonne Parish, United States

☆ Planning to delay retirement may not rescue you from poor savings
▼ + stars: | 2024-09-17 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Alistair Berg | Digitalvision | Getty ImagesPlanning to work longer is a popular escape hatch for Americans who feel they've saved too little to support themselves in old age. About 27% of workers intend to work in retirement because they need to supplement their income, according to a new CNBC and SurveyMonkey survey. While working longer is among the best ways to shore up one's nest egg, the plan may backfire, according to retirement experts. If workers lose those wages, they'd have to figure out another way to make their retirement savings last. There are benefits to working longerWorking longer — for those who can do it — is a financial boon, according to retirement experts.

Persons: Alistair Berg, Digitalvision, they've, Philip Chao, Chao, EBRI Organizations: Getty, CNBC, Workers, Urban Locations: John , Maryland

☆ Person in custody after Trump golf club incident was once convicted of possessing a machine gun
▼ + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Ryan Wesley Routh, 58, was taken into custody after shots were fired at Trump International Golf Club in West Palm Beach on Sunday, three senior law enforcement sources said. In 2002, court records show, he was convicted of possessing a weapon of mass destruction — the machine gun. Most recently, a Ryan Routh lived in the small coastal community of Kaawa on Oahu’s eastern shore in Hawaii. Ryan Routh Ryan Routh FacebookAfter the 2002 arrest, authorities allegedly found the suspect in possession of a fully automatic machine gun, according to the Greensboro News & Record report. On Sunday, Palm Beach State’s Attorney Dave Aronberg said on MSNBC’s “Ayman,” with Ayman Mohyeldin and Ali Velshi, that the federal government is taking over prosecution in the West Palm Beach case, with the U.S. Justice Department expected to file any charges.

Persons: Donald Trump, Ryan Wesley Routh, Ryan Routh, Routh, Ryan Routh Ryan Routh, There’s, Dave Aronberg, MSNBC’s “ Ayman, ”, Ayman Mohyeldin, Ali Velshi, Aronberg, “, ” Aronberg Organizations: Trump International Golf Club, Greensboro News, Authorities, Trump International, U.S . Justice, Trump, Secret Service Locations: West Palm Beach, Greensboro , North Carolina, North Carolina, Kaawa, Hawaii, Carolina, Guilford County, Greensboro, Fla, Stephany, Beach, Palm, Martin County

☆ Biden becomes a top Harris surrogate as they split up on the campaign trail
▼ + stars: | 2024-09-16 | by ( Kayla Tausche | Kevin Liptak | ) edition.cnn.com time to read: +6 min

In battleground Pennsylvania, a must-win state for Harris, Biden spoke to a Philadelphia conference attended by leaders of historically Black colleges and universities. The divided ground game by the vice president and her boss-turned-top surrogate, aides say, is all part of a plan. Even watching Harris do what he failed disastrously to do during his own debate with Trump, Biden has evinced only pride in his vice president, not bitterness. In 2000, Vice President Al Gore sought distance from scandal-marred President Bill Clinton as he campaigned against George W. Bush. Biden is now one of several high profile surrogates the Harris campaign will seek to deploy.

Persons: Kamala Harris, Joe Biden, Harris, Biden, who’s, ” Biden, “, Kamala, ” Harris, “ We’ve, –, she’s, Joe ”, Harris ’, Donald Trump – Harris, “ She’s, ‘, ’, Donald Trump, ”, he’d, Trump, Al Gore, Bill Clinton, George W, Barack Obama –, Josh Shapiro, Obama, Michelle, Bill, Hillary Clinton, “ Kamala, We’ll Organizations: Washington CNN —, Democratic, Teamsters, CNN, Biden, Joint Base Andrews, Congressional Black Caucus, Phoenix, Labor, Pittsburgh, Republican, White, Trump, JW Marriott Essex House, East, Keystone State, White House Locations: Pennsylvania, Philadelphia, Russia, Pittsburgh, New York

☆ We are 50 days from the US presidential election. Here's where things stand.
▼ + stars: | 2024-09-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewThe US presidential election is just 50 days away and the contest between Vice President Kamala Harris and former President Donald Trump remains as competitive as ever. Trump won it in 2016. Biden won it in 2020. Both campaigns continue to pour considerable time and financial resources into Pennsylvania, where Democratic candidates have won every presidential election since 1992 except for one — when Trump won it in 2016. Andrew Harnik/Getty ImagesWhile Harris' debate performance went a long way in assuaging some voters regarding her ability to lead the country, some are still undecided.

Persons: —, Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Biden, North Carolina —, Win McNamee, Tim Walz, Walz, Ohio Sen, JD Vance, Gretchen Whitmer, Vance's, it'll, Andrew Harnik, Vance, eludes Trump Organizations: Service, Business, FBI, Trump, Palm, ABC, Democratic Party, Biden, Congressional, Ohio, Gov, Democratic, GOP, Republican Locations: Palm Beach, Florida, Butler , Pennsylvania, Philadelphia, Arizona , Georgia, Nevada, North Carolina, Michigan , Pennsylvania, Wisconsin, Omaha, Minnesota, Michigan, Pennsylvania, Arizona, Georgia, New Hampshire, Virginia, New York City, assuaging, Springfield , Ohio

☆ Saudi Arabia just stepped up plans to court the world's AI leaders to its desert kingdom
▼ + stars: | 2024-09-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

In recent months, Saudi Arabia has hosted a flurry of high-profile events, leaders, and dealmaking from the AI world. This year's showcase featured speakers from top AI companies in the West, such as Nvidia, Qualcomm, Google, Microsoft, and OpenAI rival Cohere. Saudi Aramco is working with AI startup Groq to build a new data center in Saudi Arabia. For Saudi Arabia, AI doesn't just present the chance to bet big on tech's latest hype train. Saudi Arabia generated a similar amount of hype around its AI ambitions in March when it held its LEAP conference.

Persons: —, Mohammed bin Salman, Cohere, Saudi Aramco —, Hamad, Mohammed Groq, Groq, Jonathan Ross, doesn't, Adam Selipsky, Arvind Krishna, Abdullah Alswaha, PIF, A16z, Marc Andreessen, Ben Horowitz Organizations: Service, Saudi Arabia's, Business, Global AI, Nvidia, Qualcomm, Google, Microsoft, BlackRock, Cisco, Public Investment Fund, Amazon Web, IBM, Saudi, New York Times, Silicon Locations: Saudi Arabia, Saudi Aramco, Bay

☆ From Ukraine to Hawaii, associates of Trump assassination attempt suspect say his ‘delusion of grandeur’ and odd behavior left them questioning his mental state
▼ + stars: | 2024-09-16 | by ( Isabelle Chapman | Casey Tolan | Curt Devine | ) edition.cnn.com time to read: +16 min

In one tweet, Routh wrote that “I would like to invite you to Hawaii for vacation. Newsweek Romania journalist Remus Cernea, one of the people listed on the website, told CNN he met Routh in Kyiv’s Maidan Square in June 2022. Tracy Fulk, a Greensboro police officer at the time, told CNN that the incident started when she pulled Routh over for a traffic stop. Audrey McAvoy/APA Hawaiian man who gave Routh’s company a bad review on Facebook told CNN he was unsettled by Routh’s response to the criticism. “We must push forward with logical leadership that supports the ones that wish to accomplish great things,” Routh wrote in one post.

Persons: Donald Trump, Ryan Wesley Routh, Joe Biden, “, Ukraine ”, Volodymyr Zelensky, Routh, hadn’t, Biden, Zelensky, Ryan Routh's, Trump, Routh’s, –, ”, Tulsi Gabbard, Beto O’Rourke, Tom Steyer, Elizabeth Warren, Andrew Yang, Joe, hillary, ” Routh, Kim Jong Un, ” Zelensky, Routh’s fiancée, Kathleen Shaffer, Shaffer, Efrem, Semafor, Oleksandr Shaguri, ” Michael Wasiura, ” Wasiura, ” Evelyn Aschenbrenner, Aschenbrenner, ” Aschenbrenner, Ryan O’Leary, ” O’Leary, Remus Cernea, Cernea, it’s, ” Cernea, barricading, Tracy Fulk, Fulk, ” Fulk, didn’t, ” Ryan Routh's, Audrey McAvoy, Saili Levi, Levi, you’re, ” Levi, Ryan Routh ”, Nelli Black, Benjamin Brown, Scott Glover, Lex Harvey, Winter, Rob Kuznia, Kyung Lah, Daniel Medina, Gianluca Mezzofiore, Rob Picheta, Puy Kamp, Sabrina Shulman, Teele Rebane, Adam Renton, Jessie Yeung Organizations: CNN, Twitter, Trump, Martin County Sheriff’s, Martin County Sheriff's, Facebook, Service, Republican, X, Machine, Commission, Democratic, North, “ WE, New York Times, Ukraine’s Land Forces Command, Legion, country’s International, Army National Guard, Global Citizen, Taiwan, Taiwan Foreign Legion, Newsweek Romania, Greensboro, Sheriff’s Office, Guilford County North Carolina Sheriff’s, Honolulu Star, Star, Advertiser, Honolulu, roosters Locations: Ukraine, Hawaii, Afghanistan, Ukrainian, Honolulu, Oahu, Florida, Martin County, Russia, Zelensky, American, Kyiv’s, Kyiv, Taiwan, North Korea, China, Kyiv’s Maidan, North Carolina, Greensboro, Guilford, Guilford County North Carolina, Kaʻaʻawa, Oahu Island, Oran, Majlie

Eight states will have constitutional amendments backed by Republican lawmakers on the November ballot designed to make clear that only American citizens can vote in elections in those states. But it’s already illegal for noncitizens to vote in elections in those states and at the federal level, and it rarely happens. Trump, the GOP presidential nominee, has long made false claims that noncitizens are voting in elections and that Democrats have helped them enter the country to cast those ballots. No state constitution in the U.S. allows noncitizens to vote. While Americans for Citizen Voting said it has no formal or informal relationship with the Trump campaign or the RNC, its chairman, Paul Jacob, said at a recent press conference that he hopes the ballot measures will help improve voter turnout.

Persons: it’s, stoke people’s, Donald Trump, ”, Jonathan Diaz, Mike Johnson, noncitizens, “, Sen, Julian Bradley, Bradley, Brad Overcash, ” Jack Tomczak, —, “ It’s, Brad Raffensperger, Diaz, Bree Grossi Wilde, Trump, ” Diaz, Grossi Wilde, Paul Jacob, ” Jacob Organizations: Republican, noncitizens, Trump, GOP, Republican National, D.C, United, Lawmakers, ”, ” Wisconsin Republican, Citizen, ” North, ” North Carolina Republican, stoke, Democracy Research, University of Wisconsin Law, RNC Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, U.S, Washington, Iowa , Missouri, Idaho, Kentucky, United States, ” Wisconsin, ” North Carolina, Georgia, North Carolina

☆ USS White River: How the US Navy transformed a landing vessel into a legendary rocket artillery ship
▼ + stars: | 2024-09-14 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +14 min

Rather than building an entirely new vessel, it was decided to modify medium-sized landing ships (classified as LSMs for 'Landing Ship Medium'). Officially renamed USS White River in 1955, the ship was decommissioned again in 1956. A day after that, White River fired on a nearby VC anti-aircraft site, destroying it and killing or wounding 11 guerillas. Winstead/National ArchivesFuture shore bombardment and LSMsDespite its value and firepower, by 1970, White River was showing its age. Now known as the Medium Landing Ship program, the Navy hopes to acquire 18 to 35 of the vessels.

Persons: —, White, Cmdr, Roy E, McCoy, Chris Page, we'd, R.E, Winstead, USS Zumwalt, hasn't, they're, Benjamin Brimelow Organizations: Service, US Defense Department, Business, Navy, US Navy, USS, National Archives ', Archives, Atlantic Reserve Fleet, Pacific Fleet, Pacific Reserve Fleet, South Vietnamese Army, Archives Future, Naval, AGS, Marine Corps, Operations, Corps, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Ukraine, White, beachheads, Pacific, Africa, Europe, Plaines, California, Japan, LSMR, Ch'o, Korean, San Diego, Vietnam, South, Ngãi Province, South Vietnam, Cambodian, Gulf, Thailand, Delta, Viet, Quảng Ngãi, Phuoc Tuy Province, Missouri, West

The overall strategy and schedule are still being finalized for the Obamas, the people familiar with their plans said, and they will take their direction from the Harris campaign about what’s needed on the campaign trail. During Michelle Obama’s speech at the DNC in Chicago, she implored Democrats to not just support Harris this November but “do something” to help her win. The Obamas and Clintons would have had some role in the home stretch of the Biden campaign had it continued. One person close to the planning said now they can help with different constituencies Harris needs to win over in November. First lady Jill Biden has also pledged to campaign for Harris in the fall, with a possible focus on education.

Persons: WASHINGTON —, Barack Obama, Bill Clinton, Michelle Obama, Hillary Clinton, Kamala Harris ’, Harris, ”, Eric Schultz, Obama, IWillVote.com, Schultz, it’s Harris, Joe Biden, Michelle Obama’s, Harris ’, Biden, He’s, Clinton, Donald Trump, Jill Biden, Josh Shapiro, California’s Gavin Newsom, Cory Booker, Laphonza Butler Organizations: WASHINGTON, Democratic, Convention, persuadable, DNC, Biden Locations: Los Angeles, Chicago, Georgia, Philadelphia, Sens, D

☆ Biden finalizes increases to China tariffs
▼ + stars: | 2024-09-13 | by ( Katie Lobosco | ) edition.cnn.com time to read: +2 min

Washington CNN —The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May. The administration’s increases come as Vice President Kamala Harris and former President Donald Trump have clashed over tariffs on the campaign trail. Trump implemented sweeping tariffs on about $300 billion of Chinese-made products when he was in office. “Today’s finalized tariff increases will target the harmful policies and practices of the People’s Republic of China that continue to impact American workers and businesses,” US Trade Representative Katherine Tai said in a press release. China is expected to retaliate by increasing tariffs on US-made goods.

Persons: Washington CNN —, Biden, Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, Today’s, Katherine Tai, Wang Wenbin, ”, He’s, Kayla Tausche Organizations: Washington CNN, US Trade Representative’s, US, Trade Organization Locations: People’s Republic of China, China

☆ The illegal maneuvers the rich use to get richer
▼ + stars: | 2024-09-13 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Read previewTax evasion, insider trading, and money laundering. "There are routine categories of illicit acts that wealthy individuals often endeavor out of sheer greed," Matthew Barhoma, a Los Angeles defense attorney, told Business Insider. Insider trading is 'rampant' among some wealthy circlesAnother common unlawful method that some of the rich use to get richer is insider trading, according to the attorneys. Like insider trading, money laundering — a process used to conceal the source of illegally obtained cash — is another illicit tactic used by some wealthy individuals, according to the defense attorneys. "Having dealt a lot with people who devise these kinds of fraudulent financial transactions, I will say that many of them are absolutely brilliant," said Ressler.

Persons: —, Todd, Julie Chrisley, Chrisley, Mike, Matthew Barhoma, Barhoma, Tama Kudman, they've, Mark Ressler, he's, Uncle Sam, Kasowitz Benson Torres, it's, Kudman, Ressler Organizations: Service, Business, United States Treasury Department, Treasury Department, Defense, New Locations: —, Los Angeles, Switzerland, Cayman, New York City

☆ Samsung Electronics plans global job cuts of up to 30% in some divisions: Reuters, citing sources
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: +3 min

Samsung Electronics, the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. The sources declined to be named because the scope and details of the job cuts remained confidential. Samsung Electronics , the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. The job cuts come as Samsung grapples with mounting pressure on its key units. One of the sources familiar with the plans said the job cuts were being made in preparation for a slowdown in global demand for technology products as the global economy slows.

Persons: Samsung's, Samsung Organizations: Samsung Electronics, Reuters, Samsung, Manufacturing, South Korean, SK Hynix, Apple, Huawei Locations: Americas, Europe, Asia, Africa, South Korea, India, China

☆ Kursk: Russia counterattacks against Ukraine in border region
▼ + stars: | 2024-09-12 | by ( Sophie Tanno | Gul Tuysuz | ) edition.cnn.com time to read: +4 min

CNN —Russia has launched a counter-attack in the Kursk border region where Ukrainian forces last month launched a surprise cross-border incursion. Ukraine has been anticipating a Russian reaction and a counteroffensive is in line with the ‘Ukrainian plan,’ Zelensky said. Zelensky has previously said that the surprise attack on Russia’s Kursk region was the initial step in a four-part “victory plan.”The Russian Ministry of Defense said in a statement Thursday that Russian forces had “penetrated” into the Kursk region, capturing 10 settlements. On August 6, Ukrainian forces stormed into the Kursk region in a shock, lightning strike that caught even American officials by surprise. Last week, Zelensky said Ukraine had captured around 100 settlements in the Kursk region, and around 1,300 square kilometers (500 square miles) of territory.

Persons: Volodymyr Zelensky, ’ Zelensky, Zelensky, Vladimir Putin, –, Bill Burns, Richard Moore, Ukraine’s, Moore, Burns, Cross, Pat Griffith, Dmytro Lubinets, ” Zelensky, “, ” Organizations: CNN, Ukrainian, Russian Ministry of Defense, CIA, Red Cross, International Committee, ICRC, ” ICRC Ukraine Locations: Russia, Kursk, Ukraine, Russia’s Kursk, ”, Russian, Snagost, Moscow, Ukrainian, Donetsk region, Donetsk

☆ Megabus, Coach USA Bankruptcy: Wall Street Wrecked Discount Bus Option
▼ + stars: | 2024-09-11 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Stagecoach Group, a UK-based travel company, first launched Megabus in the UK in 2003 and then brought it to the US in 2006. Along with Greyhound, Megabus became one of the two mega-carriers in the United States. The intercity bus industry is not in complete disarray, but things are not going great there. Bus industry insiders also note that they're often treated as an afterthought by policymakers even though they carry tens of millions of people each year. He emphasized that bus travel can be environmentally sustainable, too, compared to everyone driving their own cars or flying.

Persons: Megabus, Andrew Savikas, Peter Pan, John Stepovy, FlixBus, Joseph Schwieterman, Schwieterman, hadn't, Scott Michael, it's, Michael, Kai Boysan, BoltBus, Fred Ferguson, who's, Ferguson, It's, They've, They're, I'd, Wanderu, Stepovy, Emily Stewart Organizations: Coach USA, Equity, USA, Stagecoach Group, Greyhound, North America, DePaul University, Stagecoach, Fullington Trailways, US, United Motorcoach Association, FlixMobility, Flix, American Bus Association, Lake Holdings, Alden Global Capital, Atlantic City, Day, Labor, Business Locations: Los Angeles, Chinatown, Busbud, United States, Asia, Flix North America, Wanderu, Philadelphia, Dallas, Chicago, Cleveland, Boston, New York, FlixBus

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