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Add to that the noise surrounding the US election, and it could be a rougher second half. Central Banks in Canada and the eurozone have both cut interest rates, but inflation rose in both of those regions last month. Australia, meanwhile, saw its inflation rate rise to 4% this week, stoking fears that the Reserve Bank of Australia could soon move to raise rates again. It was already well known that no documentation was found to show who worked on the door plug. Without the bolts, the door plug incident was pretty much inevitable.
Persons: London CNN —, they’ve, Michelle Bowman, she’s, Mary Daly, Austan Goolsbee, stoking, Joe Biden, Donald Trump, , José Torres, Torres, wouldn’t, Joseph Stiglitz, Trump, Trump’s, Max, , Al Michaels, Michaels, Peacock, ” Michaels, , CNN Michaels, Read Organizations: CNN Business, Bell, London CNN, Federal Reserve, foibles, San Francisco Fed, Chicago Fed, Central Banks, Reserve Bank of Australia, Interactive Brokers, Treasury, Trump, Peterson Institute, Oxford Economics, Allianz, CNN, Boeing, Alaska, Alaska Airlines, National Transportation Safety Board, Alaska Air, NBC, Summer Games, Olympics Locations: London, Canada, Australia, Renton , Washington, Paris,
Renton, Washington CNN —The missing paperwork on the 737 Max that lost a door plug on an Alaska Airlines flight in January isn’t just making it difficult to find out who made the near tragic mistake. It was already well known that no documentation was found to show who worked on the door plug. Without the bolts, the door plug incident was pretty much inevitable. Removing a door plug after a plane arrives from Spirit AeroSystems rarely happens, Lund added, so no one was aware the door plug needed attention. NTSB Chair Jennifer Homendy has testified about the missing paperwork at Congressional hearings since then.
Persons: Max, isn’t, it’s, , Elizabeth Lund, Lund, ” Lund, hurtling, Jennifer Homendy, Organizations: Washington CNN, Alaska Airlines, Boeing, Alaska Air, National Transportation Safety Board, NTSB Locations: Renton, Washington, Renton , Washington, Portland , Oregon
Especially the last bit: Corporate America is obsessed with ensuring their employees are staying productive when they’re working remotely, away from the gimlet eyes of management. It’s easy to imagine the types of pretend productivity gadgets these employees might have used: “mouse jigglers,” gizmos with a questionable name that make random, small motions of a mouse or touchpad. And Wells Fargo’s crackdown on these gadgets is just the latest attempt by big business to rein in perceived slacking by remote employees. That perceptual gap reflects a vast and growing mutual distrust between workers and employers in America. They’re how workers are battling back against boardroom Big Brother, in a technological arms race that’s only getting wilder as devices get more sophisticated.
Persons: Jeff Yang, Bruce ”, , Jeff Yang CNN, Wells, They’re, they’re, wilder, I’ve Organizations: CNN, Bloomberg, Business, Intuit, Microsoft Locations: Asian America, America, New York , Connecticut, Delaware
Boeing said it had previously investigated Cuevas’ allegations and they did not pose a safety problem. Cuevas said he filed a complaint with Boeing’s ethics hotline, reporting to management that he believed Spirit was hiding the issues from Boeing. He also alleges that Boeing opened an investigation into Cuevas’ concerns in October 2023, alerting Spirit management to the complaints. A separate report found “gaps” in Boeing’s safety culture, including a disconnect between management and employees, and fears among employees about retaliation for reporting safety concerns. Calhoun said Boeing is “far from perfect,” and he acknowledged that the company will not easily regain the public’s trust.
Persons: CNN —, ” Richard Cuevas, Spirit Aerosystems, Cuevas, , Aerosystems, Strom, ” Cuevas, “ we’ve, Spirit, Sam Salehpour, Dave Calhoun, Calhoun Organizations: CNN, Boeing, Federal Aviation Administration, FAA, US Department of Justice Locations: Everett, Washington
Microsoft's AI chief, Mustafa Suleyman, has laid out his main goals for the company. In a podcast chat with Seth Rosenberg, Suleyman said he wanted to "uplevel" Copilot's quality. AdvertisementMicrosoft's newly installed AI chief, Mustafa Suleyman, is keen to ensure that the Big Tech company is not underestimated. On a recent podcast with Seth Rosenberg, Suleyman explained his new responsibilities at the company. He said he oversaw key teams, including Bing and Edge, and Copilot, Microsoft's flagship AI product.
Persons: Mustafa Suleyman, Seth Rosenberg, Suleyman, , he'd Organizations: Bing, Service, Big Tech, Business
Read previewPeacock's "TikTok Star Murders" tells the story of content creator Ali Abulaban murdering his wife, Ana Abulaban, and her friend Rayburn Barron, one month after she accused her husband of domestic abuse. Ana Abulaban, who was 28 at the time, went to the authorities in September 2021 and accused her husband of domestic abuse, The Los Angeles Times reported. "TikTok Star Murders" features the audio Ali Abulaban captured as he murdered his wife. Several gunshots can be heard as well as Barron and Ana Abulaban shouting. Fischer told Variety that Ali Abulaban was offered the chance to appear in the documentary but, "respectfully declined based on his impending trial."
Persons: , Ali Abulaban, Ana Abulaban, Rayburn Barron, Ana Abulaban's, Ali Abulaban's, cuddling, Barron, Ana, Elizabeth Fischer, Abulaban, Fischer, Variety Organizations: Service, Business, Los Angeles Times, San Diego Superior Court, Variety, Unit Films Locations: San Diego, San Diego's East, Shreveport, Louisana
CNN —Tesla has issued two recalls on the Cybertruck, its third and fourth, since the model was introduced late last year. An investigation by Tesla revealed that the piece had not been properly installed. Cybertruck owners will be asked to bring their trucks to a Tesla service center where the trim piece will either be replaced or installed properly with “adhesion promotor” and pressure sensitive tape. The trucks are also being recalled for a separate issue in the electric motor that powers the truck’s single huge windshield wiper. Tesla has previously recalled the Cybertruck for other issues.
Persons: CNN — Tesla, Tesla Organizations: CNN, Traffic
To help you browse the best ones going on now, I've rounded up the best 4th of July sales below. Appliances including air conditioners and outdoor fire pits are down to excellent prices for the 4th of July. In time for the warming weather, I'm seeing some great price drops on air conditioner picks from our guides to the best portable air conditioners and the best air conditioner units. EcoFlow Wave 2 Portable Air Conditioner $1,199.00 $2,237.00 Save 46% The EcoFlow Wave 2 is the best battery-powered portable air conditioner we've tested. RumplThe best 4th of July outdoor and camping dealsSeveral stores are welcoming the warm weather and end of the school year by dropping prices on outdoor essentials, from accessories to full-size tents.
Persons: it's, We'll, BioLite, TCL, Rumpl, Kit Organizations: Business, Ikea's, Steam, LG, GE, Amazon Prime, Energy, Independence, Amazon, REI Locations: REI Outlet
In Dagestan, Russian security forces fought an Islamist insurgency in the mountainous region in the 2000s that spilled over from neighboring Chechnya, though attacks have become rarer in recent years. Russian President Vladimir Putin attends a meeting with his election campaign confidants at the Kremlin in Moscow, Russia March 20, 2024. ISIS-K attack on music venueThe coordinated attacks in Dagestan come just weeks after Russia suffered its worst terror attack in decades. For a leader who has long promised security and stability to Russians, the major attack on Russian soil was another powerful blow. In the aftermath of the March attack, Putin called for Russia to remain united.
Persons: Vladimir Putin’s, Putin, Ramzan Kadyrov, Jill Dougherty, Vladimir Putin, confidants, Evgenia Novozhenina, Bashar al, Assad, Prince Mohammed bin Salman, Benjamin Netanyahu, Organizations: CNN, ISIS, Ukraine grinds, Russian Jewish Congress, Attackers, TASS, Russian Federation, Soviet, Hamas, Makhachkala Uytash Airport, Kremlin, Reuters, Saudi, Israeli, Central, Migrants, Kazakhstan — Locations: Russia, Russia’s, Dagestan, Moscow, Derbent, Makhachkala –, Makhachkala, Russian, Republic of Dagestan, Russia’s Caucasus, Caucasus, Soviet Union, Chechnya, , Grozny, Ukraine, , Gaza, Israel, CNN Moscow, Reuters Russia, Iran, Soviet, Tajikistan, Uzbekistan, Kyrgyzstan, Turkmenistan, Kazakhstan
If dishwasher loading were an Olympic sport, I'd be on my way to Paris this summer. We've had our dishwasher for almost 2 decadesThis year will mark my family's 19th year in our New Jersey home. There's no scraping and then depositing directly into the dishwasher with spaghetti sauce or other stray blobs of food over here. This is where Olympic competitors in my imaginary dishwasher loading event will put their spatial awareness skills to the ultimate test. AdvertisementWith regard to the now viral meme which likens partners in dishwasher loading to either a Scandinavian architect or a raccoon on meth, I am, literally, the Scandinavian minus the degree in architecture.
Persons: We've, ol, it's, today's, I've Organizations: Service, Olympic, Maytag, today's Locations: Paris, New Jersey, Scandinavian
CNN —A strange monolith found jutting out of the rocks in a remote mountain range near Las Vegas has been taken down by authorities. Members of the Las Vegas police search and rescue team found the object near Gass Peak, part of the vast Desert National Wildlife Refuge where bighorn sheep and desert tortoises can be found roaming. Then came sightings in Romania, central California, New Mexico and on the famed Fremont Street in downtown Las Vegas. Fish and Wildlife Service, is the largest wildlife refuge outside of Alaska and can cover the state of Rhode Island twice. The department said it “discourages anyone from venturing off marked trails or leaving objects and items behind.”“This poses a danger to you and the environment,” Las Vegas police said.
Persons: Stanley Kubrick, Nick, didn’t, Christa Weise Organizations: CNN, Las, Wildlife, Utah’s Department of Public Safety, Authorities, U.S . Fish, Wildlife Service, Land Management Locations: Las Vegas, Las, Romania, California, New Mexico, Fremont, Las Vegas ., Utah, Alaska, Rhode, In Utah
Almost none of the nearly 100,000 brown package vans have AC. But there have been no vans purchased this year, so no additional AC vans are on the roads. But they make up only a small fraction of the 94,000 UPS package vans on American roads. It said it also provided specialized cooling gear for UPS drivers and inside staff to wear, as well as water jugs for drivers. But AC is still a rarity in the UPS vans on the road.
Persons: hasn’t, , , it’s Organizations: New, New York CNN, Teamsters, UPS, Drivers, CNN Locations: New York
“We are doing our best,” Deputy Energy Minister Svitlana Grynchuk told CNN. “I installed them so that my family would not feel uncomfortable when there is no electricity,” he told CNN. The company told CNN it’s also halted the use of air conditioning in administrative buildings, and turned off outdoor lighting. The G7, having already spent $3bn to date to support Ukraine’s energy sector, just announced another $1bn in funding in early June. Ukraine’s energy ministry says it has been building concrete shelters to protect some energy equipment from attacks.
Persons: CNN — Kateryna Serzhan, , Keen, Ukrenergo, Volodymyr Zelensky, , , Dmytro Sakharuk, DTEK, Thomas Peter, Yan Dobronosov, Svitlana Grynchuk, Denis Shmyhal, Serzhan, CNN it’s, Stepanov, Valentyn Ogirenko, Marta Trush, Igor Piddubnyi, Piddubnyi, ” CNN’s Clare Sebastian, Olga Voitovych, Svitlana Vlasova, Daria Tarasova, Markina Organizations: CNN, Reuters, Getty, Energy, Kyiv region’s, Ukraine’s, Companies, Railways, Kyiv School of Economics, , National Bank of, Patriot, White House Locations: Kyiv, Ukraine, , Moscow, Russia, Berlin, Russian, Europe, AFP, National Bank of Ukraine, “ Ukraine, Romania, London
The other is Nvidia , which for a time this week, surpassed Microsoft to become the largest company in the world by market cap. Nvidia has over 80% of the market for chips used to train and deploy AI software like ChatGPT. 100 on Interbrand's list for 2023 is Japanese camera maker Canon, with Dutch brewer Heineken at No. The risk for Nvidia, Silverman added, is that its "weak brand strength will limit how valuable it will be, despite its market cap heights." Gamers love itHowever, a competing survey shows that Nvidia's brand value is catching up to that of its peers.
Persons: Jensen Huang, Ann Wang, , Greg Silverman, Interbrand's, Silverman, Interbrand, Kantar BrandZ, Marc Glovsky, Philip Fong Organizations: Reuters Apple, Microsoft, Google, Nvidia, Disney, Netflix, Heineken, Apple, Windows, Samsung, Toyota, Mercedes, Benz, BMW, Nike, Intel, Hewlett Packard Enterprise, CNBC, Nintendo, AFP, Getty, chipmaker, Dell, Vanda Research Locations: Taipei, Taiwan, Korean
Days before admittedly stabbing and dismembering tech CEO Fahim Saleh, ex-personal assistant Tyrese Haspil admittedly used $750 of his victim's money to buy this 6-by-6-inch cake for his girlfriend. Anything less than unanimity — say if one juror accepts Haspil's EED defense and 11 do not — will cause a mistrial. Killer Tyrese Haspil, left, and Fahim Saleh in the lobby of Saleh's Lower Manhattan condo complex, one minute before the attack. Tyrese Haspil, accused of the 2020 murder-dismemberment of tech CEO Fahim Saleh, in state Supreme Court in Manhattan. Fahim Saleh is facing his killer, Tyrese Haspil, as the elevator doors close on the victim's apartment.
Persons: , They'll, Tyrese, Fahim Saleh, Haspil, Saleh, Tyrese Haspil, Louis Vuitton, Chauveau, Alan Chin, who'd, Barry Rosenfeld, he'd, Linda Ford, He'd, Exed, Tasers, Fahim Saleh's, Joseph Goldstein, Sam Roberts —, Society — Organizations: Service, Business, Attorney, Louis, Manhattan, Home Depot, York Penal Law, Amazon, Buy.Taser.com, New York, Society Locations: Manhattan, France, Lower Manhattan, American, Gokada, Nigeria, Brooklyn, Lagos, New York, balaclava, New
The research firms both raised their Apple price target to $240, representing potential upside of 14%. Both CFRA and Bernstein increased their Apple price target to $240 per share on Friday. According to CFRA analyst Angelo Zino, who previously had a $210 price target, Apple is poised to turn the iPhone into "the ultimate personal assistant." "We expect Apple Intelligence (AI) to help support incremental consumer upgrades, driven by loyalists and an aging installed base, with AI being more evolutionary than cyclical that will aid multiple years of growth," Zino said. Bernstein bases its $240 price target on fiscal year 2025 earnings per share of $8.00 and a historically high multiple of 30x earnings.
Persons: Apple, CFRA, Bernstein, , Angelo Zino, turbocharges Siri, Zino, Toni Sacconaghi, Sacconaghi Organizations: Service, Apple, Apple Intelligence, Apple Stock Locations: WWDC
Microsoft has been feuding with Nvidia, The Information reported. Jensen Huang's attempt to control how Nvidia chips are used led to a standoff with Microsoft. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMicrosoft has reportedly been feuding with Nvidia. The Information reported that Nvidia CEO Jensen Huang's tight control over how chips are allocated and installed has rubbed Microsoft the wrong way.
Persons: Jensen Huang's, Satya Nadella's, , Jensen Organizations: Microsoft, Nvidia, Service, Business
CNN —Two Pulitzer Prize-winning journalists at The Washington Post went on the record late Wednesday, calling for leadership change at the storied newspaper as questions swirl over the integrity of its new publisher and chief executive, Will Lewis. “Will Lewis needs to step down for the good of The Post and the public,” Higham replied in a comment on Maraniss’ post. “He has lost the newsroom and will never win it back.”Spokespersons for Bezos and The Post did not immediately comment. Inside The Post’s newsroom, morale has plunged as staffers express alarm over Lewis’ conduct and worries over the future direction of the newspaper under his leadership. “Bezos must recruit an accomplished, experienced editor whom journalists admire and trust.”
Persons: Will Lewis, , ” David Maraniss, ” Maraniss, Jeff Bezos, Lewis, ” Scott Higham, Maraniss, “ Will Lewis, ” Higham, , Lewis ’, Robert Winnett, Rupert Murdoch’s, David Folkenflik, ” Lewis, Bezos, ” Bezos, Jeffrey Sonnenfeld, Sonnenfeld, Katharine Graham, Ben Bradlee, Marty Baron, ” Sonnenfeld, “ Bezos Organizations: CNN, The Washington Post, The, New York Times, NPR, Post, Yale School of Management
In the late innings of a minor league game on Tuesday night at Rickwood Field in Birmingham, Ala., fans throughout the grandstand, suddenly and almost in unison, began staring at the news on their phones: The great Willie Mays had died, at 93, in California. An inning later, a tribute video played on the scoreboard overlooking the outfield where Mays played his first professional game as a teenage phenom for the Birmingham Black Barons, and the loudspeaker blared “Say Hey (the Willie Mays Song),” recorded in 1954 by the R&B group the Treniers. “I was shocked,” said Randy Ferguson, 70, a member of the Friends of Rickwood, the nonprofit organization that oversees the ancient ballpark. I can’t think of any place to be than here.”At 114 years old, Rickwood Field is the nation’s oldest professional ballpark, the first place Mays played pro ball and the last ballpark still standing that he called home. To honor the legacy of the Negro Leagues, Major League Baseball scheduled a game in Mays’s hometown between the San Francisco Giants, Mays’s old team, and the St. Louis Cardinals, that will be played on Thursday.
Persons: Willie Mays, Mays, , , Randy Ferguson Organizations: Birmingham Black Barons, Rickwood, Fame, Negro Leagues, Major League Baseball, San Francisco Giants, Louis Cardinals Locations: Birmingham, Ala, California, Cooperstown, Mays’s
CNN —Another “mysterious” monolith has been spotted. This time, on a Las Vegas hiking trail in Nevada, according to the Las Vegas Metropolitan Police Department (LVMPD). “How did it get up there?”The monolith was found over the weekend near Gass Peak north of Las Vegas, it added. The pillar is reminiscent to ones popping up all over the world shortly after a 10-feet silver monolith was discovered in late 2020 by a helicopter crew flying over an Utah desert. As for the one found on the Las Vegas hiking trail, social media users claimed the monolith isn’t actually new.
Persons: Craig Muir, , that’s, Gallerist David Zwirner, John McCracken, John, Tom Dunford, , “ I’m Organizations: CNN, Las Vegas Metropolitan Police Department, Facebook, BBC Locations: Las Vegas, Nevada, Gass, Utah, California, Romania, Isle of Wight, England’s, Powys County, Wales, Vegas, ” In Nevada
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
Read previewRussia has placed barges and other defenses around a major bridge connecting it to the occupied Crimean Peninsula, recent satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made numerous upgrades and improvements to its naval drones since they were used against the bridge last summer.
Persons: , Vladimir Putin's, Brady Africk, Africk, Dmytro Pletenchuk, STRINGER Organizations: Service, Business, Russian, Ministry of Defense, Maxar Technologies, Technologies, American Enterprise Institute, Getty Images Locations: Russia, Crimean, Kerch, Crimea, Ukraine, Ukrainian, Moscow, Russian, Kyiv, Sevastopol, Novorossiysk
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple Intelligence will drive continued growth of the installed base: Neuberger Berman's Dan FlaxDan Flax, Neuberger Berman senior research analyst, joins 'Squawk Box' to discuss news of the company ending its Apple Pay Later program, the rise in Apple Intelligence, and more.
Persons: Neuberger, Dan Flax Dan Flax, Neuberger Berman Organizations: Apple Intelligence
Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns and whistleblower allegations. Boeing's bestselling 737 Max plane has been the source of controversy since two deadly crashes in 2018 and 2019. Following the incident, company whistleblower Sam Salehpour came forward and claimed that the aerospace company put excessive stress on airplane joints, which reduced some of the planes' lifespans. Mohawk alleges that the lost parts were likely installed on airplanes in Boeing's Washington plant where 737 Max models are made. The company announced March that Calhoun will step down from his post as CEO before the end of the year.
Persons: Dave Calhoun, Max, Sam Salehpour, Sam Mohawk, Calhoun, — CNBC's Leslie Josephs Organizations: Boeing, Alaska Airlines, CNBC, YouTube Locations: Boeing's Washington
Read previewRussia has placed multiple barges and other defenses around a major bridge connecting it to the occupied Crimean peninsula, recently captured satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made a number of upgrades and improvements to its naval drones since they were used against the bridge last summer.
Persons: , Vladimir Putin's, Brady Africk, Africk, Dmytro Pletenchuk, STRINGER Organizations: Service, Business, Russian, Ministry of Defense, Maxar Technologies, Technologies, American Enterprise Institute, Getty Images Locations: Russia, Crimean, Kerch, Crimea, Ukraine, Ukrainian, Moscow, Russian, Kyiv, Sevastopol, Novorossiysk
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