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☆ Red Sea crisis: The shipping industry is sounding the alarm as another vessel sinks
▼ + stars: | 2024-06-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Leading shipping groups have urged governments “with influence” to put a stop to Houthi attacks on vessels in the Red Sea after a second freighter sank this week. The latest sinking is likely to have led to another death, according to a statement Wednesday from more than a dozen shipping associations, including the International Chamber of Shipping and the World Shipping Council. The longer diversion around the southern tip of Africa has sent shipping costs soaring and is causing congestion at ports in Asia and Europe, threatening to scramble global supply chains. We call for states with influence in the region to safeguard our innocent seafarers and for the swift de-escalation of the situation in the Red Sea,” they added. “Houthi attacks continue to make the Red Sea unsafe, and increases in charter activity and rates indicate carriers expect congestion to remain a factor for some time,” he added.

Persons: ”, “, Hapag Lloyd, Judah Levine Organizations: London CNN, International Chamber of Shipping, World Shipping Council, Maritime Trade, Royal Navy, Shipping, Maersk, Drewry, Carriers Locations: Red, Africa, Asia, Europe, ., Yemen, Gaza, Suez, London, Red Sea, Singapore, Malaysia, Shanghai, China, Barcelona, Spain

☆ Elon Musk's Boring Company reduced the natural beauty of Texas to 'gravel mines,' resident says
▼ + stars: | 2024-06-20 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Elon Musk moved The Boring Company to Texas in 2021, per the Times of London. A resident told the outlet it has turned Texas' "incredible vistas" into "gravel mines." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's construction company, The Boring Company, has turned Texas' "incredible vistas" into "gravel mines," a longtime resident told The Times of London. According to The Times, Musk moved his tunnel-building venture to Bastrop, a rural town of about 12,000 people located 30 miles east of Austin, in 2021.

Persons: Elon Musk, —, Erin Flynn, Musk Organizations: Boring Company, Service, Elon, The Boring Company, Times, The Times, Business Locations: Texas, London, Bastrop, Austin

☆ Willie Mays: My father taught me everything I needed to know about the most complete ballplayer ever
▼ + stars: | 2024-06-20 | by ( Harry Enten | ) edition.cnn.com time to read: +7 min

CNN —When people ask me how good of a player Willie Mays was, I give them a perhaps odd answer. You see, my Father watched Mays play when he came up as a rookie for the New York Giants in 1951. That short splice of film is our version of getting to see Mays play. Mays is a big reason why my Father was one of the few people who wore a New York Giants baseball cap throughout his later years. It’s a connection I try to carry on to this day whether it’s by wearing a New York Giants baseball hat on television or by answering “the New York Giants” when asked what baseball team I root for.

Persons: Willie Mays, Mays, –, ”, Harry Enten, CNN Mays, ” –, Vic Wertz, Harry Hall, Neil Paine, Long, New York – Organizations: CNN, San Francisco Giants, New York Mets, Mets, of Fame, New York Giants, Giants, NL, Brooklyn Dodgers, National League, Cleveland Indians, AP, Chicago Cubs, Baseball, Major League, Negro League, MLB, Negro Leagues, Birmingham Black Barons Locations: Cleveland, New York, West Coast, Chicago, Mays, Mississippi, Bronx

“The president has gotten increasingly punchier in recent remarks about Trump and plans to carry that theme through to the debate,” one Biden campaign official said. (CNN debate rules stipulate that each candidate will have a pen, writing pad and a bottle of water at the podium.) Biden’s former chief of staff, Ron Klain, is taking the lead to help the president get ready to debate Trump, a Biden campaign official told CNN. In the last cycle, Biden aides were particularly sensitive to Trump attacking members of Biden’s family on the debate stage. But that doesn’t mean Trump shouldn’t, or isn’t preparing,” said a person close to Trump, who requested anonymity to speak candidly.

Persons: poring, Joe Biden, Donald Trump, Biden, Trump, ”, He’s, “ I’ll, ” Trump, “, David, Camp David, Biden’s, Ron Klain, Klain, Bruce Reed, Reed, Jeff Zients, Anita Dunn, Mike Donilon, –, ’ Trump, Ohio Sen, JD Vance, Marco Rubio, Eric Schmitt of Missouri, Trump’s, Susie Wiles, Chris LaCivita, Kellyanne Conway, Stephen Miller, National Intelligence Richard Grenell, Chris Christie, Bob Bauer –, ” Bauer, acclimate Biden, Kate Bedingfield, Hunter, Jason Miller Organizations: CNN, Trump, White, Biden, Gatorade, peruse, Democratic, hourlong, Mar, Sens, Republican National Committee, Republicans, Capitol Hill, National Intelligence, New, New Jersey Gov, White House, “ Locations: Atlanta, Racine , Wisconsin, Maryland, Camp, hourlong State, East, Ukraine, Ohio, Marco Rubio of Florida, Washington ,, New Jersey, Philadelphia, Pennsylvania

☆ Brent rises on Middle East war, while WTI dips ahead of inventories report
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: +1 min

Brent crude futures edged up in early trade on Thursday as Israeli tanks advanced into Gaza, while U.S. crude futures dipped on the prospect of swelling oil inventories. Brent crude futures for August delivery rose 8 cents to $85.15 a barrel by 0008 GMT. WTI crude, meanwhile, slipped ahead of the U.S. government's oil inventories report, which was delayed by a day due to the national holiday. The Energy Information Administration is due to release last week's oil stocks data at 11 a.m. EDT (1500 GMT) on Thursday. An industry report release on Tuesday showed U.S. crude stocks rose by 2.264 million barrels in the week ended June 14, market sources said, citing American Petroleum Institute figures, while gasoline inventories fell.

Organizations: del, del Peru SA Talara, Brent, . West Texas, U.S, Energy Information Administration, American Petroleum Institute Locations: del Peru, Piura, Peru, Gaza, Rafah

☆ Houthi attacks in the Red Sea: Ship attacked by Iran-backed rebels believed to have sunk
▼ + stars: | 2024-06-19 | by ( Niamh Kennedy | Michael Rios | ) edition.cnn.com time to read: +2 min

CNN —A Greek-owned coal carrier appears to have capsized in the Red Sea days after it was struck by Iranian-backed Houthi rebels, according to a report published by the UK Maritime Trade Operations (UKMTO). The MV Tutor is thought to be the second ship sunk by Houthis since March, when the British-registered vessel Rubymar was downed after being struck by ballistic missiles fired from Houthi territory in Yemen. The rebels have launched dozens of missile and drone attacks directed at ships in the Red Sea and Gulf of Aden since Israel launched its invasion of Gaza following the Hamas-led October 7 attacks. Israeli attacks in Gaza have since killed at least 37,396 Palestinians and injured another 85,523 people, according to the Ministry of Health there. Dozens of ships have been attacked in the Red Sea, as regional tensions flare over Israel's war in Gaza.

Persons: Christian Domarique, Sta Rosa, “, Al Masirah, CENTCOM Organizations: CNN, UK Maritime Trade Operations, Hamas, Ministry of Health, Getty, US Central Command Locations: Red, Iranian, British, Yemen, Gulf of Aden, Israel, Gaza, Metro Manila, AFP

☆ Inside Europe's tech hubs: Does London have what it takes to remain No. 1?
▼ + stars: | 2024-06-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +32 min

But it will remain a big, big trend. How has if at all, Brexit, affected the U.K. tech scene? Arjun KharpalAre there other challenges at the moment, as you see them to the U.K. tech landscape? I'm gonna go with the amount of VC funding in U.K. tech startups for 2025. Sanjot MalhiI would say that is the amount of funding in U.K. AI startups.

Persons: Tom Chitty, Arjun, we'll, Arjun Kharpal, I've, Sanjot, He's, It's, Tom Chitty I've, we've, it's, Arjun Kharpal Sanjot, fintech, we're, you've, let's, Tom Chitty We're, Franklin Templeton, they're, Masa, Softbank, that's, Arjun Kharpal Sanjay, Emmanuel, Macron, hasn't, who's, Emmanuel Macron, I'm, Sanjot Malhi, Arjun Kharpal That's, Kharpal, Tom Chitty Sanjot Organizations: HSBC Innovation Banking, CNBC, Northzone, Hague Cricket Club, European Union, Competition, Markets Authority, London Stock Exchange, London, Masa, Viva Tech, Mistral, Nvidia Locations: Europe, Dealroom, France, China, London, beyondthevalley@cnbc.com, Netherlands, India, The Hague, Germany, Sweden, North America, Asia, San Francisco, Beijing, Tel Aviv, Bangalore, U.S, British, doesn't, Ukraine, IPOs

A Massacre Threatens Darfur — AgainDarfur SUDAN El FasherA civil war is ripping apart Sudan, one of Africa’s largest countries. Yet a New York Times examination of satellite imagery and video from El Fasher make one thing clear:The assault is intensifying. DARFUR R.S.F. Whole neighborhoods were razed, similar to the destruction in parts of southern and eastern El Fasher in recent months. “The videos from El Fasher could become critical evidence in future trials for crimes in Darfur.”

Persons: Sudan’s, Al Salam, Abu Shoak, El Fasher Al Salam, Abu, Mohamed Zakaria, Thomas van Linge, —, Mellit, El Fasher, ”, El, El Geneina, Janjaweed, Linda Thomas, Greenfield, Ali Yagoub Gibril, Al Zeer Salem, Fasher, Matthew Gillett, “, ” Mr, Gillett Organizations: Fighters, Rapid Support Forces, . Security, New York, El, Sudanese, Al Salam Camp, Camp, Reuters Fighters, Yale, Research, —, Times, Centre, Information Resilience, Mellit El, Support Forces, Google, ”, Islamic Relief, United Nations, The Times, U.S . Treasury, Broadcasting, University of Essex Locations: Darfur, SUDAN El Fasher, Sudan, El, DARFUR, El Fasher, East Darfur, Sudan’s, Chad, El Geneina, American, Spain, Central Darfur

☆ Top GOP senator on Armed Services Committee opposes proposed changes to military draft registration and having women drafted
▼ + stars: | 2024-06-19 | by ( Ted | ) edition.cnn.com time to read: +4 min

Sen. Jack Reed, a Democrat of Rhode Island, who chairs the Senate Armed Services Committee, said he was only “vaguely aware” of the House proposal but said it might be worth doing. And there is no need to be talking about a draft right now.”An accompanying issue is whether to require women to register for the draft. The version of the NDAA that passed out of the Senate Armed Services Committee last week amends the Military Selective Service Act requiring women to register for Selective Service. We have had amendments that would have required women to register and we can’t get any real traction on the other side. Wicker gave a one word answer – “no” – when asked about adding having women register.

Persons: that’s, Republican Sen, Roger Wicker of, Washington shouldn’t, Chrissy Houlahan, NDAA, Sen, Jack Reed, ”, “, ” Reed, ” Wicker, Reed, Wicker Organizations: CNN, Republican, Senate Armed Services, Selective Service, Democratic, GOP, Armed Services Committee, Roger Wicker of Mississippi, Rep, Air Force, National Defense, Senate Armed, Committee, Military Selective Service Locations: Pennsylvania, Rhode Island, Europe, Russia, China, Iran, North Korea

☆ A Deadly Toll as an Intense Heat Grips Saudi Arabia
▼ + stars: | 2024-06-19 | by ( Cassandra Vinograd | ) www.nytimes.com time to read: 1 min

Dozens of people have died amid scorching temperatures during the annual hajj pilgrimage to the holy city of Mecca in Saudi Arabia, according to reports from official media in Europe, the Middle East and Africa. With forecasts saying that temperatures would top 113 degrees Fahrenheit, or 45 degrees Celsius, on Tuesday, Saudi officials issued advisories to pilgrims urging them to stay hydrated, minimize outdoor activities, and carry umbrellas to block direct sunlight. While Saudi Arabia had not reported deaths, news reports from a number of countries whose faithful went to the hajj suggested that the heat had proven deadly. On Sunday, Jordan’s official news agency said that 14 pilgrims had died from exposure to extreme sun and heat. On Wednesday, the agency said that burial permits had been issued for 41 Jordanian pilgrims in Mecca, but did not provide details on the causes of death.

Organizations: Saudi Locations: Mecca, Saudi Arabia, Europe, East, Africa

☆ Ancient reptile fossil shines new light on early marine evolution
▼ + stars: | 2024-06-19 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —Scientists have discovered a 246 million-year-old marine reptile fossil, the oldest of its kind to be found in the Southern Hemisphere, shining a new light on the early evolution of marine mammals. Sauropterygians were ancient aquatic reptiles that existed for around 180 million years during the Mesozoic era, 251 to 66 million years ago. However, their early evolution had only been known from fossils found in the Northern Hemisphere, according to the study published in the journal Current Biology Monday. Many fossils are being found all the time, and this material was deposited in New Zealand’s National Paleontological Collection, Kear said. The study suggests these ancient marine reptiles were going around Earth’s poles, swimming all the way around the supercontinent as a continuous coastal highway, Kear said.

Persons: Benjamin Kear, ” Kear, Earth’s, Mount, Kear, Robert Ewan Fordyce, …, Nothosaurs, sauropterygians, ”, “ Organizations: CNN —, Southern, Northern, Uppsala University’s Museum, Evolution, CNN, Mount Harper Locations: Europe, China, Wyoming, United States, British Colombia, Canada, Uppsala, Sweden, New Zealand, New, Southern, Svalbard, Norwegian

☆ US military says it killed a senior ISIS official in Syria airstrike
▼ + stars: | 2024-06-19 | by ( Haley Britzky | ) edition.cnn.com time to read: +1 min

CNN —A senior ISIS official was killed in a US airstrike on Sunday in Syria, the US military said Wednesday in a post on X. “On June 16, US Central Command conducted an airstrike in Syria, killing Usamah Jamal Muhammad Ibrahim al-Janabi, a senior ISIS official and facilitator,” the post from US Central Command said. Nearly three weeks ago, an airstrike in a remote area near Dhaardaar in Somalia was assessed to have killed three ISIS militants, according to US Africa Command. Between January and March 2024, CENTCOM and its partners killed seven ISIS operatives in Syria and detained 27 more. “We continue to focus our efforts on specifically targeting those members of ISIS who are seeking to conduct external operations outside of Iraq and Syria and those ISIS members attempting to break out ISIS members in detention in an attempt to reconstitute their forces.”

Persons: CNN —, “, Usamah Jamal Muhammad Ibrahim al, ” CENTCOM, ”, Erik Kurilla Organizations: CNN, ISIS, US Central Command, US Africa Command Locations: Syria, Africa, Dhaardaar, Somalia, Iraq

☆ Unrelenting Heat Stifles Millions of Americans for 3rd Consecutive Day
▼ + stars: | 2024-06-19 | by ( Christina Morales | ) www.nytimes.com time to read: +1 min

From the Midwest to the northern tip of Maine, millions of Americans sweltered under a springtime heat wave on Wednesday that stifled the Eastern portion of the United States for a third consecutive day. As the heat wave moved east, the Northeast felt the brunt of the conditions, stemming from a high-pressure system called a heat dome that scorched the Great Lakes region earlier this week. More than 78 million people were under heat warnings, watches and advisories on Wednesday, according to the National Weather Service. Heat waves are not uncommon in mid-June, but the Weather Service warned that this one could last longer than some places have experienced in decades. Heat waves are also hotter, more frequent and longer lasting now because of global warming.

Persons: Jay Engle, — Organizations: National Weather Service, Weather Service Locations: Midwest, Maine, United States, Bangor, Houlton, Caribou

☆ The UAE is set to be the No. 1 'wealth magnet' in the world, new report shows
▼ + stars: | 2024-06-19 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research. The tiny Gulf nation is expected to see an unprecedented net inflow of 6,700 millionaires from around the world by the end of 2024, according to the report released on June 18. That's according to new research by Henley Private Wealth Migration Report . The United Arab Emirates is set to be the world's leading wealth magnet for the third year in a row. The data for the report was supplied by global wealth intelligence firm New World Wealth and features insights on the inflows and outflows of millionaires and their migration patterns globally.

Persons: Dominic Volek, Hannah White Organizations: Henley Private Wealth, United, Henley & Partners, Henley, Partners, Singapore, Institute for Government, Millionaires Locations: UAE, United States, United Arab Emirates, Henley, States, America, Singapore, Canada, Australia, Italy, Switzerland, Greece, Portugal, Japan, East, India, Russia, Africa, United Kingdom, Europe, Asia, China, Kingdom, Korea, Brazil, Taiwan, Taipei, Nigeria, Vietnam

☆ I drove a Tesla for the first time. It's perfectly fine — but still left me underwhelmed.
▼ + stars: | 2024-06-19 | by ( Chris Johnston | ) www.businessinsider.com time to read: +5 min

Read previewRegular readers of Business Insider know that we write rather frequently about Elon Musk and Tesla, his electric car maker. That's because he's a fascinating character, Tesla is a fascinating company — and we know you like reading about both. I downloaded the Tesla app on my iPhone and the owner added me to his account, meaning no physical key was needed. The trunk of the Tesla Model 3 could fit quite a lot of luggage. If I had to sum it up in a sentence, it'd be this: the Tesla was just a bit boring.

Persons: —, Elon, Tesla, I'd, Elon — I'm Organizations: Service, Business, BI, Oxford, Radcliffe, UCG, Tesla, Elon, Ford Locations: Atlanta, London, America, Oxford

☆ Putin and Kim Jong Un's relationship is a marriage of convenience: Here's how it works
▼ + stars: | 2024-06-19 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

In this pool photograph distributed by the Russian state agency Sputnik, North Korea's leader Kim Jong Un (R) and Russian President Vladimir Putin meet in Pyongyang, early on June 19, 2024. What can North Korea get from Putin? In return, Russia is likely providing North Korea with food, fuel and military technology for its satellites and submarines, analysts say. Russian President Vladimir Putin is arriving to North Korea with a two-day visit. As such, North Korea offers Russia another source of military hardware.

Persons: Kim Jong Un, Vladimir Putin, Anthony Wallace, Vladimir Putin's, Kim Jong, Putin, KCNA, Kim, Putin's, —, Gavriil Grigorov, Rodger Baker, James Brady, Victor Cha, Pyongyang's, Putinon, Brady, Cha, Putin hasn't Organizations: Pyongyang Sunan International Airport, Afp, Getty, North, Sputnik, Applied, CNBC, North Koreans, Putin, . Workers, Center for Strategic, International Studies Locations: Pyongyang, Seoul, Korean, North Korea, Russia, North, Koreans, Russian, Ukrainian, Moscow, Ukraine, Korea, China, USSR

☆ Israel warns Lebanon of prospect of ‘all-out war’ as U.S. seeks to de-escalate hostilities
▼ + stars: | 2024-06-19 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

TOPSHOT - Smoke billows from the site of an Israeli airstrike on Zibqin in southern Lebanon on June 12, 2024. Israel and Hezbollah, which controls much of Lebanon, have been trading fire since October in parallel with the Jewish nation's war campaign against Palestinian militant group Hamas in the Gaza Strip. In an all-out war, Hezbollah will be destroyed and Lebanon will be severely hit." "I remind you that, according to the United Nations, there is no territorial dispute — no territorial dispute — between Lebanon and Israel," Israeli government spokesman David Mencer said during a Tuesday press briefing. Security concerns have driven thousands of Lebanese and Israeli civilians to flee their border-facing settlements.

Persons: Sami Taleb Abdullah, Rafael, Yona Yahav, Israel Katz, " Katz, David Mencer Organizations: Israel Defense Forces, Palestinian, Hamas, Lebanese, Ministry of Health, IDF, CNBC, Reuters, Foreign, Hezbollah, United Nations Locations: Lebanon, Gaza, Israel, Lebanese, Jouaiyya, Metula, Haifa

☆ These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
▼ + stars: | 2024-06-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

Participants during the snowboarding activity with the Hoods to Woods Foundation at Big Snow American Dream in East Rutherford, New Jersey on June 13, 2024. "It keeps me out of the house," Gibson told CNBC from a lounge room in the Big Snow complex. Participants during the snowboarding activity with the Hoods to Woods Foundation at Big Snow American Dream in East Rutherford, New Jersey on June 13, 2024. The group also accepts donations of gear or gifts, while Big Snow has lent its facilities at no charge to the nonprofit for years. Through Hoods to Woods, Diaz, Paupaw and their volunteers have built many relationships with their participants.

Persons: Danielle DeVries, Gibson, Woods, Omar Diaz, Diaz, Brian Paupaw, Sebastian, Veronica Vogelman, Paupaw, Big Snow, Annette Diggs, Ciera Young, Zyshawn Gibson, Tah'gee Van Dunk, Abby Crisostomo, Crisostomo Organizations: Foundation, Big, CNBC EAST RUTHERFORD, Woods Foundation, CNBC, Snowsports Industries, National Ski Areas, Edge, Unlikely Riders Locations: East Rutherford , New Jersey, N.J, New York, New Jersey, United States, Paupaw, Woods, Washington, , Vermont

☆ Oil steady amid US stock build but jitters abound
▼ + stars: | 2024-06-19 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were little changed on Wednesday, staying close to their highest levels in seven weeks as the market weighed concerns over escalating conflicts against demand worries following an unexpected rise in U.S. crude inventories. U.S. West Texas Intermediate crude was down 20 cents to $81.37 per barrel. U.S. crude stocks rose by 2.264 million barrels in the week ended June 14, market sources said on Tuesday, citing American Petroleum Institute figures. However, gasoline inventories fell by 1.077 million barrels, while distillates rose by 538,000 barrels, the sources said, speaking on condition of anonymity. China data this week showed May industrial output lagged expectations, but retail sales, a gauge of consumption, marked their quickest growth since February.

Persons: Ricardo Evangelista, Israel Katz, Jun Rong Organizations: Brent, . West Texas, American Petroleum Institute, Reuters, U.S . Energy, Administration, Hezbollah, U.S, IG Locations: Ukrainian, Russian, East, Israel, Iran, China, Singapore

☆ Kenya: Hundreds arrested as protests flare over tax hikes
▼ + stars: | 2024-06-19 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

CNN —Protests have erupted in parts of Kenya, with hundreds detained by police as citizens rejected planned tax hikes in the East African nation already grappling with escalating living costs. Civil society groups said that at least 283 people have been arrested since Tuesday as protests flared over the proposed hikes. Among the taxes suspended was a 16% value-added tax on bread and a 2.5% tax on motor vehicles, a statement from Kenya’s presidency said. Amnesty International’s Kenya office said it was “deeply outraged by the arbitrary arrest of peaceful protestors” in Nairobi on Tuesday. An alliance of civil society groups called for the unconditional release of detained protesters, which it said included journalists.

Persons: Kenyan John Wills Njoroge, It’s, “, ” Organizations: CNN, Kenyan, NTV, Kenyan Police Service, ” CNN Locations: Kenya, East, Nairobi, Mombassa, Mombasa, Kenya’s

☆ Putin Will Head to North Korea as Ukraine War Redefines Ties With Kim
▼ + stars: | 2024-06-18 | by ( Paul Sonne | ) www.nytimes.com time to read: +1 min

The war against Ukraine has driven Mr. Putin closer to the North’s leader, Kim Jong-un, who has won new status with the Kremlin by opening his vast munitions stores to Moscow. Nine months ago, after Mr. Kim arrived by armored train in the Russian Far East, the two men met at a Russian cosmodrome and toasted their “sacred struggle” against the West. The North Korean leader, in between visiting sensitive Russian rocket and fighter jet facilities, invited Mr. Putin to make a reciprocal visit. Now, the Russian president has taken him up on the offer. The United States once relied on Moscow’s cooperation in its attempts to curb North Korea’s nuclear and missile program.

Persons: Vladimir V, Putin, Kim Jong, Kim, Mr Organizations: Kremlin, West, North, Washington, United Locations: Russia, North Korea, Pyongyang, United States, Ukraine, Moscow, Russian

☆ Millionaires are abandoning the UK in their droves, new research shows
▼ + stars: | 2024-06-18 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

LONDON — A record number of millionaires is expected to leave the United Kingdom this year, according to new research, with this year's general election expected to further exacerbate the exodus. The U.K. came second to only China in Henley's ranking, with the eastern Asian giant expected to see net outflows of 15,200 millionaires in 2024. "However, this trend began to reverse around a decade ago as more millionaires began to leave the country and fewer came in," it said in its report. "Notably, during the six-year period from 2017 to 2023 post-Brexit, the U.K. lost a total of 16,500 millionaires to migration. Hannah White, CEO of the Institute for Government think tank, noted that the millionaire exodus could be accelerated by this year's general election.

Persons: Hannah White Organizations: Henley Private Wealth, Henley, Institute, Government Locations: United Kingdom, Britain, China, Henley's, Europe, Africa, Asia

☆ Willie Mays: One of baseball’s most electrifying and complete players has died at 93
▼ + stars: | 2024-06-18 | by ( Wayne Sterling | Kevin Dotson | ) edition.cnn.com time to read: +17 min

AP From left: Monte Irvin, Willie Mays, and Hank Thompson hold bats on their shoulders in Yankee Stadium in 1951. Bettmann Archive/Getty Images Mays, then a physical training instructor at Fort Eustis, Virginia, leads soldiers through a calisthenics session on February 19, 1953. Bettmann Archive/Getty Images Mays plays stick ball with kids in New York's Harlem neighborhood in 1954. Bettmann Archive/Getty Images Mays makes a leaping, one-handed catch off the Los Angeles Dodgers' Duke Snider on August 15, 1954. JR/AP Mays, then of the San Francisco Giants, plays catch with 14-month-old Herbert Henderson, at the home of Henderson's parents, in San Francisco, California on November 14, 1957.

Persons: Willie Mays, Mays, “, Michael Mays, ” Michael Mays, ”, –, Babe Ruth, Hall, Hall of Famer Willie Mays, Robert D, Manfred, ” Manfred, ” Mays, couldn’t, wouldn’t, Negro League ballplayers, Monte Irvin, Hank Thompson, William F, Donegan, Duke Snider, Charles Hoff, Jackie Robinson, Bettmann, Frank Hurley, Joe DiMiaggio, Sid Mercer, Margherite Wendell, AP Mays, Herbert Henderson, Ernest Bennett, Pepe, San Francisco, Willie McCovey, Jon Brenneis, Ed Sullivan, Mel Ott, Hank Aaron, Joan Whitney Payson, Dan Farrell, douse Mays, Paul Sakuma, Monica M, Davey, John G, Mabanglo, San Francisco Giants Barry Bonds, of Famer Willie McCovey, Bonds, Willie, Laura Bush, George W, Bush, Chip Somodevilla, Jeff Gross, Barack Obama, Louis, Pete Souza, Jon Miller, Ezra Shaw, Nicholas Kamm, Gabrielle Lurie, ’ Mays, Vic Wertz, ” San Francisco Mayor London Breed, Breed, ’, Peter Ueberroth, Leo Durocher, ” Obama, “ Willie, Gavin Newsom, ” Newsom, Emma Tucker, Elizabeth Joseph, Taylor Romine Organizations: CNN, of Famer, San Francisco Giants, Giants, Major League Baseball, New York Giants, National League, Hall of Famer, MLB, Negro League statistics, Negro American, Birmingham Black Barons, San Francisco Chronicle, Juneteenth, Negro Leagues, Black Barons, Louis Cardinals, Negro League, Gloves, Bettmann, American, Minneapolis Millers, Minnesota Historical Society, AP, Yankee, The New York Giants, Army, Major League, Los Angeles Dodgers, NY, Mays ' New York Giants, Robinson's Brooklyn Dodgers, Cleveland Indians, Baseball Writers, JR, San, Candlestick Park, CBS, Getty, Astrodome, Mays, Atlanta Braves, New York Mets, Mets, Wrigley Field, Chicago Cubs, National League East, AP Mays, Candlestick, San Fransisco Giants, Park, Willie Mays Plaza, Bell Park, White, Little League's Challenger Division, T, Air Force, London Breed, Hall, Polo, New York, Brooklyn Dodgers, New York Yankees, Franciscan, ” San Francisco Mayor London, of Fame, Baseball Hall of Fame, Baseball Locations: Birmingham , Alabama, Birmingham, American, New York, Omaha , Nebraska, Camp Kilmer , New Jersey, Fort Eustis , Virginia, Phoenix , Arizona, New, Harlem, Mays ', NY, East Elmhurst , New York, San Francisco , California, San Francisco, Candlestick, Houston , Texas, New York City, Chicago , Illinois, AFP, Washington , DC, St, Washington ,, California

☆ This startup wants to create software in minutes using AI. Here's the 11-slide pitch deck Proofs used to raise $2.6 million in funding
▼ + stars: | 2024-06-18 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Read previewProofs, a startup that builds software using AI agents, has raised $2.6 million in pre-seed funding. The startup, based in San Francisco and Warsaw, is utilizing AI to speed up the process of developing proof-of-concept software for companies. This story is available exclusively to Business Insider subscribers. Proof claims that using AI agents can drastically reduce the time taken to develop custom software to minutes at a much-reduced cost compared to traditional processes. Advertisement"Every year you have around $700 billion of software being sold, but unlike out-of-the-box SaaS products, the bar to build and integrate customized software is higher," Pucek told Business Insider.

Persons: —, Bartek, Pucek Organizations: Service, Business, EarlyBird, Expeditions Fund, RTP Global Locations: San Francisco, Warsaw

Mayor Eric Adams said in a statement that he would activate the city’s heat emergency plan starting on Tuesday. “The first heat wave of the season is here, and New York City has a plan to beat the heat — but we want all New Yorkers to have a plan as well,” Mr. Adams said. The city’s Heat Vulnerability Index — an effort spearheaded by the health department in conjunction with Columbia University — analyzes the neighborhoods that face the most danger during a heat wave. If everybody’s doing it, you’re multiplying it by millions.”Are heat waves in New York City becoming more common? The only heat wave to hit New York City last year happened in September, said David Stark, a meteorologist with the National Weather Service of New York.

Persons: Eric Adams, “, Mr, Adams, Ashwin Vasan, Anna Watts, Sandee, Columbia University —, Brian Ourien, ” Mr, Ourien, Zach Iscol, Vasan, ”, Con Ed, Brittainy Newman, Patrick McHugh, Con Ed ., McHugh, David Stark, Elijah Hutchinson, Hutchinson Organizations: Fire Department, National Weather Service, The New York Times, “, New York Public Library, Columbia University, Department of Health, Human Services, Bowery, Emergency Management, Workers, Con, New, New York City, Environmental Locations: New York City, New York, New, York, Bronx , Brooklyn, Queens, Mott Haven, Fordham, Jamaica, Hollis, St, Albans, In Brooklyn, Brownsville , East Flatbush, East New York

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