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☆ Heat Wave Live Updates: Scorching Temperatures Sweep Across Eastern U.S.
▼ + stars: | 2024-06-19 | by ( Jacey Fortin | ) www.nytimes.com time to read: +5 min

More than just uncomfortable, the heat can be dangerous and at worst deadly, and it’s only becoming more of a threat with climate change causing rising temperatures. Prolonged exposure to or physical exertion in excessive heat can cause heatstroke, according to the Mayo Clinic. Starting Tuesday, cooling centers — indoor, air-conditioned spaces for public use — will be open during the day in New York. At night, because heat can disrupt sleep, 60 to 67 degrees is recommended by the Cleveland Clinic. It depends on the animal, and its size and type, but pets are generally less tolerant of higher temperatures than humans.

Persons: you’re, Patrick Junker, Wirecutter, Steer Organizations: Chicago, Mayo Clinic, Cleveland Clinic, American Kennel Club, The New York Times, York Times Locations: New York, Dallas, New York City, Ronda Kaysen

In 2023, Texas led the nation in solar installations on its power grid, surpassing California for its second consecutive year. Explosive power demand poses a challenge to the Biden administration's goal of converting the U.S. power grid to 100% clean electricity by 2035. Nextracker is a leading U.S. solar firm, building systems that allow panels to track to the position of the sun, improving the efficiency of solar power plants. Shugar pointed to the massive number of renewable projects in the U.S. seeking connection to the power grid. But as energy demand increases, the value of each additional hour should rise, eventually making longer duration batteries more cost effective, he said.

Persons: Brandon Bell, Andrés Gluski, Joseph Rand, We've, Kelley, Wells, Goldman Sachs, Biden, Ryan Sweezey, Wood Mackenzie, Richard Kinder, Kinder Morgan, Kinder, Amin Nasser, Nasser, Shugar, Lawrence, Lazard, Nextracker's Shugar, Lawrence Berkeley, Amol Phadke, Rand, Sweezey, Reid Ramdathsingh, Ramdathsingh, Fluence, John Zahurancik, Zahurancik, it's, Zahuranick Organizations: Getty, Renewables, Energy Information Administration, Department of Energy, Big Tech, Microsoft, AES Corporation, Google, AES, Meta, UBS, Solar, Lawrence Berkeley National Laboratory, U.S, Tech, North America, DOE, CNBC, University of California Berkeley's Goldman School of Public, Goldman School, Lawrence, Rystad Energy, Siemens Locations: Ector County , Texas, Texas, California, United States, U.S, Wells Fargo, Saudi, Houston, Lawrence Berkeley, Fluence's Americas

☆ US announces major bust as efforts to crack down on Chinese money launderers working with drug cartels ratchet up
▼ + stars: | 2024-06-18 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +17 min

A US-based lawyer who has represented accused Chinese money launderers said the tempo of law enforcement operations against the alleged launderers has increased in recent weeks as federal agents close in on “bigger fish” among Chinese money launderers in the US. None of the federal law enforcement agencies involved in tracking Chinese money launderers agreed to be interviewed on the record. Grassley and Whitehouse have each introduced legislation they say is key to closing loopholes in US law that are actively exploited by the cartels’ money launderers. Elaborate networksRecent court documents illuminate how far-flung and elaborate US-based networks of alleged Chinese money launderers are. Mirror TransactionsExperts say the Chinese money launderers have mastered the art of so-called mirror transactions, which involve a series of deposits at multiple bank accounts to conceal the drug money.

Persons: ”, Anne Milgram, surveil, “, Don Im, Biden, HSI, Ricardo Mayoral, William Kimbell, ” Kimbell, launderers, —, Sen, Sheldon Whitehouse, ” Whitehouse, Treasury Department —, Whitehouse, Christopher Wray, Joe Biden, Xi Jinping, Republican Sen, Charles Grassley, Enhua Fang, Li Pei Tan, Tan, Joe Habachy, Matthew Rothbeind, Fang, Chaojie Chen, Chen, Greg Hunter, ” David Luckey, JPMorgan Chase Organizations: CNN, Drug, Administration, Sinaloa Cartel, US Court, Central, Central District of, DEA, IRS, “, Centers for Disease Control, Federal, Homeland Security, Treasury, Treasury Department, Treasury’s, Network, Homeland Security Investigations, DHS, Financial Crimes, Rhode Island Democrat, intel, Department of Homeland Security, FBI, Senate, ” CNN, White, Office of National Drug Control, Service, Biden, Republican, Grassley, Rand Corporation, of, JPMorgan Chase, Bank of America, JPMorgan, Organization Locations: California, Mexican, China, Mexico, Los Angeles, Sinaloa, Central District, Central District of California, Colombia, America, Oregon, Virginia, South Carolina, Washington, DC, North, Central America, —, Iowa, North Carolina, Belize, Chinese, Georgia, Chicago, Tulsa, East Coast, Detroit , Chicago, Ohio, Western, of North Carolina, Wells Fargo

☆ Planning for retirement? These stocks make 'great long-term investments,' according to the pros
▼ + stars: | 2024-06-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

But investors with a greater risk appetite or a longer runway to retirement can consider stocks. CNBC Pro asked the experts what stocks they would buy that are suited to long-term investing for retirement purposes. Dziubinski named three stocks which she says look undervalued but will make "great long-term investments" at current prices. Starbucks Dziubinski says Starbucks ' brand and pricing power have earned it a wide economic moat rating, which according to the firm refers to a company's durable competitive advantage. Wheaton Precious Metals Regal Point Capital's Marolia named Wheaton Precious Metals as a stock with long-term potential.

Persons: Susan Dziubinski, Dziubinski, Vijay Marolia, Morningstar, Marolia, it's, Wheaton, we've, we're Organizations: Morningstar, CNBC Pro, Regal Point, Consumer, Johnson, Brands, Nike Nike, Nike, Wheaton Precious, Wheaton Precious Metals, Blackstone Group

☆ We're trimming an AI winner and putting some of the proceeds into a data center power play
▼ + stars: | 2024-06-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Shortly after the opening bell, we'll be selling 10 shares of Broadcom at roughly $1,853 and buying 55 shares of Dover at roughly $179. AVGO YTD mountain Broadcom YTD Adding to the enthusiasm was the announcement of a 10-for-1 forward stock split, which came on the heels of one from our other chip name Nvidia . DOV YTD mountain Dover YTD We'll put more than half of the Broadcom sale proceeds to scale further into Dover, which also benefits from the data center infrastructure investment cycle. That data center energy play is also why we're in electrical component and power management giant Eaton . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, DOV, DOV YTD, We'll, Nvidia's Blackwell, ETN DOV, Jim Cramer, Jim Organizations: Broadcom, Dover, VMware, Nvidia, Products Company, CNBC Locations: Dover, Eaton

☆ Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
▼ + stars: | 2024-06-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. The new filing comes after the Fisker company failed to secure an investment from a big automaker to keep afloat. The automaker, unlike most of its peers, contracted a third-party manufacturer to build the Fisker Ocean crossover. Déjà vuFor Henrik Fisker, a renowned automotive designer credited with designing the BMW Z8 and Aston Martin DB9, it's déjà vu. His first namesake company – Fisker Automotive – filed for bankruptcy protection in 2013, shortly after he left the company.

Persons: Henrik Fisker, Patrick T, Fallon, Fisker, Nikola, Faraday, It's, Henrik Fisker's, Tesla, Sam Abuelsamid, Magna, Abuelsamid, Geeta Gupta, Gupta, Stephanie Valdez Streaty, Aston Martin, – Organizations: Manhattan, Los Angeles Auto, AFP, Getty, Lordstown Motors, Guidehouse, Software, U.S, Canadian, Apple, Adobe, SAP America, Manpower, Systems, CNBC, Cox Automotive, Fisker, Inc, BMW Z8, Aston, Aston Martin DB9, China's Wanxiang Locations: Manhattan Beach , California, EVs, U.S, North America, Europe

☆ Boeing hid questionable parts from regulators that may have been installed in 737 Max planes, new whistleblower alleges
▼ + stars: | 2024-06-18 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com time to read: +11 min

Boeing has been under intense scrutiny with numerous federal investigations and congressional hearings since a January 5 Alaska Air Boeing 737 Max flight had a door plug blow off, leaving a gaping hole in both the plane and Boeing’s reputation. He also claims Boeing in August 2023 told employees to delete records about nonconforming parts, which led him to complain – but Boeing took no action. Jason Redmond/ReutersAt an April 17 hearing Boeing engineer Sam Salehpour testified that Boeing is putting out defective planes because he and others who complain faced pressure not to do so. But the January 5 incident aboard the Alaska Air flight happened just days before the end of the probationary period. Boeing has denied the Alaska Air incident violated the deferred prosecution agreement and is challenging any potential criminal liability in court.

Persons: Sam Mohawk, ”, Dave Calhoun, Calhoun, We’ve, Sen, Richard Blumenthal, Blumenthal, ” Blumenthal, “, Max, Howard McKenzie, Boeing’s, Jason Redmond, Sam Salehpour, ” Salehpour, ” Calhoun’s, Richard Aboulafia, “ I’m, Calhoun’s Organizations: Washington CNN, Boeing, Federal Aviation Administration, Congressional, CNN, Alaska Air Boeing, Max, Connecticut Democrat, FAA, Reuters, Consultancy, Alaska Air, Alaska Airlines, Alaska Airlines ’, Department Locations: Renton , Washington, Connecticut, Mohawk, Renton, Alaska, Indonesia, Ethiopia

☆ A bearish options trade on a travel stock running up against resistance
▼ + stars: | 2024-06-18 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The stock price is stalling near resistance around the $128 price level and I have a bearish options trade to capitalize on it. To further confirm a bearish bias on EXPE, I am using 3 technical indicators in the chart below: RSI (Relative Strength Index): As a stock climbs up, the Relative Strength Index (RSI) gauges the strength of the trend. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. The Trade Setup: A Bear Put Spread I am using a “bear put spread” as my trade structure here. Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you.

Persons: EXPE, ADX, Nishant Pant Organizations: Expedia, RSI

☆ Asia-Pacific markets rebound as Wall Street rallies overnight; Australia holds rates
▼ + stars: | 2024-06-18 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

A pedestrian and jogger pass the Reserve Bank of Australia (RBA) building, during a partial lockdown imposed due to the coronavirus, in Sydney, Australia, on Monday, May 18, 2020. David Gray | Bloomberg | Getty ImagesAsia-Pacific markets rebounded on Tuesday as Wall Street rallied overnight, with investors assessing the Reserve Bank of Australia's interest rate decision. The RBA held its benchmark interest rate at 4.35% for its fifth straight meeting, saying that inflation "remains above target and is proving persistent." The RBA also noted that the economic outlook remained "uncertain," with recent data signaling that achieving the inflation target was unlikely to be smooth. Automaker Hyundai also hit a fresh record, gaining about 1.62% on news that it plans to list its India unit in Mumbai.

Persons: David Gray, Kazuo Ueda, Akio Toyoda, Kospi Organizations: Reserve Bank of Australia, Bloomberg, Getty, Wall Street, Bank, Japan's Nikkei, Reuters, Bank of Japan, Toyota, Samsung Electronics, SK Hynix, Hyundai, CSI Locations: Sydney, Australia, Asia, Pacific, Mumbai, Hong

☆ Voyager 1 resumes study of uncharted cosmic territory after computer glitch
▼ + stars: | 2024-06-18 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

Currently the farthest spacecraft from Earth, Voyager 1 stopped communicating coherently with mission control in November 2023. However, data from Voyager 1’s four science instruments, which study plasma waves, magnetic fields and particles, remained elusive. On May 19, the Voyager team sent a command to the spacecraft to start returning science data. Now, all four instruments are beaming back usable science data, according to an update shared by NASA on June 13. )”Long-lived space missionsMeanwhile, Voyager 1 is back to doing what it does best: Sharing insights from uncharted cosmic territory.

Persons: “, ” Long, Suzanne Dodd, ” Dodd Organizations: CNN, NASA, Voyager, Jet Propulsion Laboratory, JPL, Neptune Locations: Pasadena , California

☆ EV startup Fisker files for bankruptcy, aims to sell assets
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: +2 min

Fisker CEO Henrik Fisker introduces the all-electric off-road Ocean called the Force E during its inaugural "Product Vision Day" in Huntington Beach, California, on August 3, 2023. U.S. electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday, looking to sell its assets and restructure its debt, after succumbing to rapid cash burn to deliver its "Ocean" SUVs in the United States and Europe. "Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently," Fisker said in a statement early on Tuesday. The company's operating unit, Fisker Group Inc., filed for Chapter 11 bankruptcy in Delaware, listing estimated assets of $500 million to $1 billion and liabilities of $100 million to $500 million. Fisker made over 10,000 vehicles in 2023, less than a quarter of its forecast, but delivered only about 4,700.

Persons: Henrik Fisker, Fisker Organizations: Fisker, Inc, Reuters, Nissan, U.S Locations: Huntington Beach , California, United States, Europe, Delaware

☆ Why your child may be feeling anxious before bedtime
▼ + stars: | 2024-06-17 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

“From 1 year of age to 6 years of age, kids change a lot. Almost half reported their child leaving their bed and moving to the parent’s bed some or most nights, while 1 in 3 parents said their child often or occasionally insists that they stay in the room until the child falls asleep. The most important factor in getting kids to bed is consistency and sticking with a bedtime routine, Mott Poll co-director Clark said. Ninety percent of polled parents reported having an established and consistent bedtime routine. It’s common for young children to experience sleep issues, especially as preschool-age children begin to reduce or drop naptime, Hartstein said.

Persons: CNN —, Kelceymarie Warner, ” Warner, Warner, Mott, doesn’t, ”, Sarah Clark, Clark, “, Lauren Hartstein, Hartstein Organizations: CNN, Mott Children’s, Children’s, University of Michigan, Mott Poll, University of Arizona, Boston Children’s Hospital Locations: Ann Arbor, “, Mott, Boston

☆ Hyundai: India’s biggest IPO could come from South Korean car manufacturer
▼ + stars: | 2024-06-17 | by ( Diksha Madhok | ) edition.cnn.com time to read: +3 min

The world’s biggest car market after China and the United States is the company’s third-biggest revenue generator globally. Hyundai India also said it wants to ship more cars, “strengthening” its position as an export hub. The South Korean parent will sell up to 142 million of the total 812 million shares, or 17.5%, in the IPO. With the IPO, Hyundai aims to unlock value for the Indian business and also help the Korean automaker shed its valuation discount compared to global and Asian peers. Hyundai is being advised on the IPO by investment banks Citi, JP Morgan, HSBC, Morgan Stanley and India’s Kotak.

Persons: Maruti Suzuki, Narendra Modi, JP Morgan, Morgan Stanley, India’s Organizations: Hyundai, Maruti, Tata Motors, Securities and Exchange Board of India, EV, South, Benchmark, Citi, HSBC Locations: India, Mumbai, Korean, China, United States, Hyundai India

☆ A Russian soldier says his unit was almost wiped out by Ukrainian fire and drones, with half killed on their first night in Kharkiv
▼ + stars: | 2024-06-17 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

A Russian soldier has described heavy losses for his unit in Kharkiv, with only 12 of 100 remaining. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Russian soldier has described the "massacre" of his comrades on Ukraine's Kharkiv front, saying only 12 of his 100-strong unit were left to fight. Anton Andreev, speaking to the influential Russian Telegram channel Astra, said that half his unit had been killed on the first night of fighting in a key town. This story is available exclusively to Business Insider subscribers.

Persons: —, Anton Andreev Organizations: Service, Kharkiv, Russian Telegram, Astra, Business Locations: Russian, Kharkiv, Russia, Ukraine

☆ Kenya confronts trail of rape accusations and abandoned children against UK soldiers
▼ + stars: | 2024-06-17 | by ( Larry Madowo | ) edition.cnn.com time to read: +11 min

Marian is among a group of mixed-race children whose mothers say they were conceived after rape by British soldiers training in Kenya. Mixed-race children continue to be born in the remote villages where the British Army trains its soldiers in Kenya. One of the more contentious accusations against British soldiers involves the case of Agnes Wanjiru. Allegations of rape and other crimes, including murder, by British soldiers deployed there date back to the 1950s. The UK investigators did not conduct DNA tests on any of the 69 mixed-race children alleged to have been born from rape by British soldiers.

Persons: Marian Pannalossy, “, ”, You’re, ’ ” Marian, Marian, Lydia Juma, ” Juma, ’ Marian, ’, Generica, Nicole, Namoru, Festo Lang, CNN Juma, BATUK, Agnes Wanjiru, hasn’t, Wanjiru’s, King, Marian Mutugi, Martyn Day, Ntoyie Lenkanan, CNN “, Saitet, nosedived, Kelvin Kubai, ” Kubai, Generica Namoru, “ I’m, It’s, “ It’s, We’re, ” Mutugi Organizations: Kenya CNN, CNN, British Army, British Army Training Unit, Defense, Intelligence, Foreign Relations, National, British, Kenyan, British High Commission, The Defense, Kenya National Commission, Human Rights, Britain’s Ministry of Defense, Royal Military Police, Reconciliation, Human Rights Commission Locations: Archer’s, Kenya, Archer’s Post, Nairobi, British, Samburu, Nanyuki, Britain, East, Laikipia, London, DolDol

☆ Inside Schonfeld's macro shake-up: Research turnover, PM changes, and a shift away from big bets
▼ + stars: | 2024-06-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A move away from big-time directional strategies is not a surprise. Plenty of funds that made their name on bold macro predictions have been humbled in the last 18 months. At Schonfeld, macro is still somewhat new for the firm. Several people familiar with the firm told Business Insider that he lost money while at the manager.

Persons: —, Colin Lancaster, Brent Cook, Eisler, Igor Ninkovic, Jaime Valle, Jerome Saragoussi, Ben Melkman, Brevan Howard, Jordan Barnes, Rahul Mehra, Karthikeyan, Yasmin Sahin, Said Haidar's, Sharpe, Lancaster, Melkman, Marc Tishfield Organizations: Service, Business, United Arab Emirates, Schonfeld, Bridgewater, Barclays, Citi, Matador Investment Management, Millennium Locations: York, Europe, Dubai, London, Bridgewater, Melkman, Schonfeld, New York

☆ Andy Sieg Could Be Citi's Next CEO If He Can Fix a Broken Wealth Business
▼ + stars: | 2024-06-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +23 min

Andy Sieg shocked the finance industry last spring when he left Merrill Wealth Management. AdvertisementBank of America analyst Ebrahim Poonawala recently argued that Citi should consider selling the wealth business if it cannot improve its profitability. AdvertisementWhile Sieg has told Citi managing directors to manage up less, a former Merrill executive who worked under him said Sieg was adept at it. Former Citi managing directorAdvertisementVahid's position will be taken by Kris Bitterly, the global head of investment products, in September. Mirroring tactics that supercharged Merrill, Sieg has changed Citi Wealth's compensation scheme to prioritize asset gathering, to the consternation of several employees.

Persons: Andy Sieg, Kevin Crain, Sieg, Crain, Jane Fraser, Fraser, Morgan Stanley, Merrill, Smith Barney, Ebrahim Poonawala, Wells, Mike Mayo, Brian Moynihan, Alex Wong, Moynihan, Fraser isn't, Mayo, anoint, Jamie Dimon, Jennifer Piepszak, Marianne Lake, Viswas Raghavan, Jane, He'd, George H, Bush, Bill Schreyer, Merrill Lynch, Dave Komansky, David Komansky, YOSHIKAZU TSUNO, Phil, Doug, Lord Abbett, David Poole, Citi's, there's, That's, Poole, Glenn Schorr, Jim O'Donnell, O'Donnell, Sieg's, Andy Sieg's, Naz Vahid, David Bailin, Bailin, Naz, Phil Waxelbaum, Vahid, Kris, Don Plaus, Keith Glenfield, Dawn Nordberg, Edward Jones, They're, Ernst & Young, he's Organizations: Merrill Wealth Management, Business, Citi, Bank of America, Morgan, BI, Merrill, Bank, Citigroup, JPMorgan, Harvard, Penn State, JPMorgan Advisors, United Arab, Citi . Citi, Work, Citi lifer, Former Citi, North, Citi Alliance, Citi Wealth, Bloomberg, Ernst &, Citizens Bank Locations: Sieg, Wells Fargo, Merrill, Bellefonte , Pennsylvania, Poole, Singapore, United Arab Emirates, Mexico, London, Aventura , Florida, Asia, Manhattan, North America

☆ Ukraine's new drone boats are armed with heat-seeking missiles to scare off Russian aircraft, commander says
▼ + stars: | 2024-06-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUkraine has armed its naval drones with heat-seeking missiles, giving the systems a major upgrade that will allow them to target Russian aircraft patrolling around the Black Sea. "Such developments are effective — Russians are very afraid of them," the commander of "Group 13," a special HUR unit dedicated to operating the naval drones, said in a recent interview. AdvertisementA Ukrainian Magura V5 drone is seen on water during an exhibition of military equipment and weapons at an undisclosed location on April 13, 2024. Moscow, largely unable to stop Ukraine's unrelenting naval drone attacks, has turned to combat aircraft to patrol the waters and protect its warships. Kyiv has relied on its fleet of naval drones, as well as long-range missiles, to inflict these losses.

Persons: —, HUR, Archer, Lloyd Austin Organizations: Service, Ukrainian, Directorate of Intelligence, Business, REUTERS, NATO, Sukhoi, MiG, Black, Grad, US Locations: Ukraine, Soviet, Moscow, Ukrainian, Kyiv

☆ Boston Celtics capture historic 18th NBA title with 106-88 Game 5 victory over Dallas Mavericks
▼ + stars: | 2024-06-17 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +5 min

The Celtics beat the Dallas Mavericks 106-88 in Game 5 of the NBA Finals in Boston on Monday night to win the series 4-1 and secure their league-record 18th title. I’m lost for words.”Brown was named the NBA Finals MVP after averaging 20.8 points, 5.4 rebounds and five assists per game in the series. 7, was named the NBA Finals MVP. He scored 21 points Monday, and averaged 20.8 points, 5.4 rebounds and five assists per game in the series. Celtics guard Jrue Holiday had 15 points and 11 rebounds, while playing relentless defense to hold the Mavericks stars in check.

Persons: Jayson Tatum, Jaylen Brown, Tatum, Brown, “, I’m, ” Brown, Russell, Garrett Ellwood, Dallas, Payton Pritchard, Luka Dončić –, –, Kyrie Irving, Jrue Holiday, overqualified, Derrick White, we’ve, ” Tatum, CNN’s Samuel Joseph Organizations: CNN, Boston Celtics, Celtics, Dallas Mavericks, NBA, ABC, Lakers, Mavericks, Boston, Miami Heat, Cleveland Cavaliers, Indiana Pacers, Eastern, Golden State Warriors Locations: Boston, Minneapolis, Los Angeles, Dallas

☆ Gordon Black: Trial of US soldier underway in Russia
▼ + stars: | 2024-06-17 | by ( Sergey Gudkov | Alex Stambaugh | ) edition.cnn.com time to read: +2 min

CNN —A US soldier arrested in Russia on suspicion of theft, Staff Sgt. Gordon Black, has appeared in court in the Russian city of Vladivostok, as his trial got underway on Monday. Black did not admit to charges of threatening to kill a Russian woman, but partially admitted guilt to theft charges, according to Russian state news agency RIA Novosti. Black was arrested in May on charges of theft in Vladivostok, where he traveled to visit the woman, believed to be his girlfriend. The trial comes against the backdrop of heightened tensions between Washington and Moscow, as Russia’s invasion of Ukraine rages on.

Persons: Gordon Black, Black, Cynthia Smith, Evan Gershkovich, Marine Paul Whelan Organizations: CNN, RIA Novosti, US Defense Department, US State Department, Street, Marine, RIA Locations: Russia, Russian, Vladivostok, Korea, South Korea, Washington, Moscow, Ukraine, Pervomaisky

☆ New high-speed sleeper train service connects Hong Kong with Beijing and Shanghai
▼ + stars: | 2024-06-16 | by ( Maggie Wong | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Interested in capping off your trip to Hong Kong with a long weekend in Beijing or Shanghai? A new high-speed sleeper train service is making that possibility easier than ever. Return trips depart from Beijing and Shanghai at around 8 p.m. and arrive in Hong Kong at 8.47 a.m. and 7.29 a.m. A passenger with a child boards the high-speed sleeper train in Beijing for its inaugural journey to Hong Kong's West Kowloon Station. Jia Tianyong/China News Service/VCG/Getty ImagesHong Kong’s controversial high-speed railwayOpened in 2018, the 26-kilometer Hong Kong high-speed railway is a part of the larger Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL).

Persons: ” John Lee, Hong, Jia Tianyong Organizations: Hong Kong CNN, Hong Kong West Kowloon Station, China News Service, Passengers, China, ”, Hong, Hong Kong Express, Express Locations: Hong Kong, Beijing, Shanghai, Hong Kong West Kowloon, Kowloon, Hong, China, cn, China , Hong Kong, Guangzhou, Shenzhen

☆ Russian troops surrender to an elite brigade as the Kharkiv front holds, Ukraine says
▼ + stars: | 2024-06-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Read previewRussian soldiers have been surrendering to an elite Ukrainian combat brigade in the northern town of Vovchansk in the Kharkiv region, reports say. A video released on Wednesday by Ukraine's 3rd Assault Brigade appears to show Russian troops emerging from a trench with their hands raised above their head or tied behind their backs. Several of the captured soldiers said they had been forced into the Russian army due to financial or legal trouble. An earlier video published on June 6 by Ukraine's 36th Marine Brigade, appeared to show two Russian soldiers, both wounded, being captured during a Ukrainian counterattack in Vovchansk. AdvertisementIn February, some 30,000 Russian troops began pouring over Ukraine's northern border into the Kharkiv region, opening up a new front for Ukraine's already-stretched defenses.

Persons: —, Nazar Voloshyn, Voloshyn, John Kirby, Putin, Ann Marie Dailey, Dailey Organizations: Service, Ukraine's 3rd Assault Brigade, Business, 3rd Assault Brigade, Khortitsiya, Command, Ukraine's 36th Marine Brigade, White House National Security Communications, RAND, Putin Locations: Ukrainian, Vovchansk, Kharkiv, Moscow, Ukraine's, Russian, Belgorod, Russia

☆ Clooney and Roberts help Biden raise $30 million-plus at a star-studded Hollywood gala
▼ + stars: | 2024-06-16 | by ( ) www.cnbc.com time to read: +6 min

U.S. President Joe Biden and former U.S. President Barack Obama share a laugh during a star-studded campaign fundraiser at the Peacock Theater in Los Angeles, on June 15, 2024. The fundraiser included singing by Jack Black and Sheryl Lee Ralph, and actors Kathryn Hahn and Jason Bateman introduced Kimmel, who himself introduced Biden and Obama. The president was fundraising "with out-of-touch elitist Hollywood celebrities," Trump campaign spokeswoman Karoline Leavitt said. But Biden told the crowd in California that "we passed every major piece of legislation we attempted to get done." Earlier in the program, Kimmel noted Biden's campaign promise to restore the soul of America and said "lately it seems we might need an exorcism."

Persons: Joe Biden, Barack Obama, energizing, George Clooney, Julia Roberts, Barbra Streisand, Jimmy Kimmel, Biden, Donald Trump, Kimmel, Trump, Kamala Harris, Jack Black, Sheryl Lee Ralph, Kathryn Hahn, Jason Bateman, Obama, deadpanned, Bateman, Karoline Leavitt, Roe, Wade, Samuel Alito, Pope Francis, Stephen Colbert, Bill Clinton, John Paulson, Trump's Organizations: Peacock, Democratic, Republican, Batman, Biden, Trump, Supreme, Delta Force, Army, Radio City Music Hall, Biden's, Republican National Committee, Republican Party Locations: Los Angeles, Italy, Southern California, Switzerland, Ukraine, United States, Gaza, Detroit, California, America, New York, York, Florida

☆ Catherine Reappears, in White
▼ + stars: | 2024-06-15 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

On Saturday morning Catherine, Princess of Wales, tiptoed back onto the public stage for the first time since announcing her cancer diagnosis last year in her signature color-coordinated way, joining the rest of the royal family on the balcony of Buckingham Palace for the traditional finale flyover of King Charles’ birthday parade. She wore a white knee-length Jenny Packham dress with a black-and-white striped belt and a jaunty bow at the neck, topped off with a Phillip Treacy hat, angled just so. As a family unit, on the balcony, it created the image of a tightly controlled, unmistakably harmonic, unified front for a photo op set to go ’round the country. Nothing anxiety-provoking to look at here, the picture seemed to say. Everything’s going to be fine.

Persons: Catherine, Princess of Wales, tiptoed, King Charles ’, Jenny Packham, Phillip Treacy, Princess Charlotte, Princes George, Louis, Jack, Charles and Prince Edward Locations: Buckingham

☆ New York City briefly opened its housing voucher waitlist. But getting that assistance is as unlikely as getting into Harvard.
▼ + stars: | 2024-06-15 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Finding an affordable apartment in New York City has become ever more challenging for low-income people — and an expansion of key federal assistance isn't likely to help much. Ultimately, though, it will only issue 20,000 new vouchers, bringing the total number of vouchers up from about 96,000 to about 115,000, the New York City Housing Authority said. AdvertisementNew York City has the largest housing voucher program in the country, but it still falls far short of need. Discrimination against housing voucher holders by landlords is pervasive, even in places that prohibit it. Fully funding housing vouchers is key.

Persons: isn't, Gothamist Organizations: Service, New, New York City Housing Authority, Harvard University, of Housing, Urban Development Locations: New York City, York City, New York

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