DIRS.INFO The most relevant business & tech news

The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen. Redstone has been supportive of the Office of the CEO leadership team that has run the company since former CEO Bob Bakish stepped down in late April. The plan that Paramount Global shareholders are hearing on Tuesday will essentially serve as Redstone's alternate option if she chooses not to sell. "We'll be thoughtful with how we deploy capital, with our world-class content being the priority," said Robbins during the presentation Tuesday. On Tuesday, Robbins said the company has been "aggressively exploring all options" when it comes to partnerships with other streamers.

Persons: George Cheeks, Chris McCarthy, Brian Robbins —, —, David Ellison's, Shari Redstone, Bob Bakish, Robbins, Cheeks, McCarthy Organizations: Paramount, SAG, Paramount Global, CBS, Paramount Media Networks, Paramount Pictures, Media, RedBird Capital, KKR, CNBC, Amusements Locations: Los Angeles , California, U.S

☆ China’s Chang’e-6 probe lifts off with samples from moon’s far side in historic first
▼ + stars: | 2024-06-04 | by ( Nectar Gan | Simone Mccarthy | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China’s Chang’e-6 lunar probe departed from the far side of the moon on Tuesday, moving a step closer to completing an ambitious mission that underlines the country’s rise as a space superpower. Its return journey to Earth is estimated to take about three weeks, with a landing expected in China’s Inner Mongolia region around June 25. “The lunar surface is rich in basalt,” Zhou added. It marked the second time a mission has successfully reached the far side of the moon, after China first completed that historic feat in 2019 with its Chang’e-4 probe. Last year, India landed a spacecraft on the moon for the first time, while Russia’s first lunar landing mission in decades ended in failure when its Luna 25 probe crashed into the moon’s surface.

Persons: China’s, Bill Nelson, Nelson, –, “ zhong, CNSA, ”, Zhou Changyi, Zhou, James Head Organizations: Hong Kong CNN, Beijing, China National Space Administration, NASA, CNSA, Brown University, Luna Locations: Hong Kong, China, Mongolia, Aitken, India, Japan, Texas

☆ Paramount and Skydance agree to terms of a merger deal
▼ + stars: | 2024-06-03 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Paramount and Skydance have agreed to terms of a merger, CNBC's David Faber reported Monday. A Paramount special committee and the buying consortium — David Ellison's Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms. The deal currently calls for Redstone to receive $2 billion for National Amusements, Faber reported Monday. Following the close of the deal, Skydance and RedBird would own two-thirds of Paramount, and the class B shareholders would own the remaining third of the company, Faber reported. The deal will not require a vote from the shareholders, which was part of the negotiations, Faber reported.

Persons: Skydance, CNBC's David Faber, — David Ellison's Skydance, KKR —, Shari Redstone, Faber, RedBird, Paramount's, Bob Bakish, George Cheeks, Chris McCarthy, Brian Robbins Organizations: Paramount, Columbia, —, RedBird Capital, KKR, Amusements, Apollo Global Management, Sony Pictures, National Amusements, Wall Street, CNBC, Apollo, Sony, Redstone, CBS, Showtime, MTV Entertainment Studios, Paramount Media Networks, Paramount Pictures, Nickelodeon Locations: Hollywood , California

Singapore CNN —China’s support to Russia will extend the war in Ukraine, President Volodymyr Zelensky said Sunday, as he called on countries across the Asia-Pacific to join an upcoming peace summit he accused Russia of trying to thwart. It comes ahead of the international peace conference on Ukraine slated to be held June 15-16 in Switzerland. “With China’s support to Russia the war will last longer. When asked later about China’s statement it would not attend the peace summit, the Ukrainian leader accused Russia of using Chinese diplomats to disrupt it. “Time is running out” including for Ukrainian children taken by Russia, Zelensky told a packed hall during an address on the closing day of the three-day security meeting.

Persons: Volodymyr Zelensky, Zelensky, China –, ” Zelensky, “, Putin, of National Defense Dong, ” Dong, Lloyd Austin, Dong, Russia ”, Vladimir Putin, ”, Austin, Prabowo Subianto, José Ramos, Pat Ryder, Joe Biden Organizations: Singapore CNN —, of National Defense, CNN, China’s Ministry of Foreign Affairs, Criminal, Ministry of Foreign, US Defense, Horta, Ukraine, Pentagon, Twitter Locations: Singapore, Russia, Ukraine, Asia, Pacific, China, Switzerland, Beijing, Kharkiv, The Hague, United States, Timor

☆ China’s Chang’e-6 probe successfully lands on far side of the moon
▼ + stars: | 2024-06-01 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s Chang’e-6 lunar lander successfully touched down on the far side of the moon Sunday morning Beijing time, in a significant step for the ambitious mission that could advance the country’s aspirations of putting astronauts on the moon. China’s most complex robotic lunar endeavor to date, the uncrewed mission aims to return samples to Earth from the moon’s far side for the first time. The landing marks the second time a mission has successfully reached the far side of the moon. The probe will spend two days on the far side of the moon, and 14 hours to collect moon soil samples, Xinhua reported. Last year, India landed a spacecraft on the moon for the first time, while Russia’s first lunar landing mission in decades ended in failure when its Luna 25 probe crashed into the moon’s surface.

Persons: China’s Organizations: Hong Kong CNN, China National Space Administration, Xinhua, Luna, NASA Locations: Hong Kong, Beijing, Aitken, China, United States, Mongolia, India, Japan, Texas

Zelensky’s surprise attendance at the gathering is a stark illustration of Kyiv’s determination to keep the international community engaged in Ukraine’s defense – and its vision for peace – more than two years into Russia’s devastating invasion. A CNN team at the summit witnessed Zelensky and his delegation arriving. His attendance at the Shangri-la Dialogue in Singapore provides a rare opportunity for Zelensky to potentially meet with defense chiefs from across the Asia-Pacific, including China which has deepened its relations with Moscow since the war. US Defense Secretary Lloyd Austin and defense heads from US allies Australia, Japan, and South Korea, as well as China’s Defense Minster Dong Jun are expected to be in attendance for the three-day gathering. Announcing his arrival at the summit, Zelensky said in a statement on X that he would hold “a number of meetings,” in particular with Austin, Singapore’s president and prime minister, Timor-Leste’s president and Singaporean investors.

Persons: Volodymyr Zelenksy, Zelensky, Lloyd Austin, Dong Jun, ”, Austin, Rustem Umerov, “, Roman Pilipey, Zelenksy, Ukraine’s, Dong, Vyacheslav Madiyevskyy, –, It’s, Sergey Lavrov, Joe Biden, Biden, Donald Trump, CNN’s Ivan Watson, Xiaofei Xu, Alex Stambaugh, Natasha Bertrand, Sharon Braithwaite Organizations: Singapore CNN —, CNN, US, Austin, Ukrainian Defense, Getty, NATO, Russia, Northern, Firefighters, Reuters, Ministry, RIA Novosti, Russian, Key Locations: Singapore, Asia, Kharkiv, China, Moscow, Australia, Japan, South Korea, Timor, Ukraine, AFP, Switzerland, Sweden, Russia, Europe, North Korea, Beijing, Beijing’s, Russian, Reuters Beijing, Zelensky, Kyiv

He also warned that the death of any Filipino citizen at the hands of another country in the South China Sea would be “very close” to an act of war. It is also a rare opportunity to hear from, and pose questions to, senior Chinese military leaders. Robert Ward, IISS Japan chair, told CNN he felt Dong’s tone was “more shrill” than he’s seen in previous speeches by Chinese defense chiefs at the gathering. “The strategic environment in Asia has actually got more tense and I think we saw that in the Chinese defense minister’s speech today,” Ward said. “Every year for three years, a new Chinese defense minister has come to Shangri-La,” the official told CNN.

Persons: Dong Jun, ” Dong, ”, Xi Jinping, Dong, Lloyd Austin, ” China’s, “, Lai Ching, China, Ferdinand R, Marcos Jr, Austin –, China “, Robert Ward, he’s, ” Ward, they’ve Organizations: Singapore CNN, Taiwan, National Defense, Communist Party, Democratic Progressive Party, China’s Defense Ministry, South China, Austin, International Institute for Strategic Studies, CNN, US Locations: Singapore, Beijing, Taiwan, United States, China, Taiwan Strait, East, South, South China, Philippines, ”, American, The Hague, Philippine, Ukraine, Dong, Russia, Asia, Pacific, Japan

The meeting, between US Defense Secretary Lloyd Austin and China’s Minister of National Defense Adm. Dong Jun, is the first face-to-face talks between the two defense chiefs and Austin’s first such discussions with a Chinese counterpart since late 2022. The meeting, on the sidelines of an annual defense conference in Singapore, takes place against a fraught regional backdrop. Austin is expected to raise concerns with Dong about China’s support for Russia, US officials said ahead of the meeting. Talks between Austin and Dong are not expected to see substantive progress towards resolving many entrenched issues between them. Several weeks later, US and Chinese top generals spoke in a video call, paving the way for this week’s in-person meeting between the defense chiefs.

Persons: Lloyd Austin, Dong Jun, Austin’s, China’s, Austin, Dong, Nancy Pelosi, Li Shangfu, Li, won’t, Xi Jinping’s, Xi, Joe Biden Organizations: Singapore CNN, US, National Defense, South China Seas, Communist Party, Coast Guard, Defense, Washington, Russia, America, East, Communist, Central Military Commission Locations: Singapore, Asia, Pacific, Taiwan, Beijing, East, South, Japan, South Korea, Philippines, China, South China, American, Russia, Ukraine, Austin, Asia –, San Francisco

☆ China’s Xi Jinping calls for peace conference and ‘justice’ over war in Gaza as Arab leaders visit Beijing
▼ + stars: | 2024-05-30 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Chinese leader Xi Jinping decried “tremendous sufferings” in the Middle East and called for an international peace conference as leaders from Arab nations visit Beijing this week amid mounting global concern over Israel’s war in Gaza. Justice should not be absent forever,” Xi said Thursday at the opening of a meeting between top diplomats from China and Arab states, also attended by several leaders from the region. Delegations from 22 Arab states joined that event at Beijing’s Diaoyutai State Guesthouse, according to Chinese state media. China has recognized a Palestinian state since 1988. Thursday’s ministerial meeting is the first such gathering since China held its first joint summit with Arab leaders in late 2022 in Saudi Arabia.

Persons: Xi Jinping, ” Xi, Israel, Xi, ”, Abdel, Fattah, Mohamed bin Zayed Al Nahyan, Bahrain’s King Hamad bin Isa Al Khalifa, Kais Saied, China “, Yun Sun, Fatah, Joe Biden, Jamal Khashoggi, Egypt’s Sisi Organizations: Hong Kong CNN, United Arab Emirates, States Cooperation Forum, Diplomats, Stimson, UN Relief and Works Agency for Palestine Refugees, of Locations: China, Hong Kong, Beijing, Gaza, “, Palestinian, Rafah, United States, Israel, Washington, United, Palestine, Iran, Saudi Arabia, Istanbul

☆ Jerry Seinfeld is unfazed that 'Unfrosted' got terrible reviews: 'It doesn't matter what you think of me'
▼ + stars: | 2024-05-30 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJerry Seinfeld doesn't care that "Unfrosted," his directorial debut, got terrible reviews. I think it's funny that you hated it because you wanted to laugh and you didn't laugh." "Unfrosted" follows a handful of successful recent movies about the creation of popular products, including "Steve Jobs," "The Social Network," and "Tetris." Even though it failed to make waves, Netflix didn't lose as much money on "Unfrosted" as it could have.

Persons: —, Jerry Seinfeld, Bob Cabana, Melissa McCarthy, Hugh Grant, James Marsden, Bari Weiss, Seinfeld, he's, Steve Jobs, Mattel, Netflix didn't, would've, Glen Powell, Tom Cruise Organizations: Service, Rotten, Business, Social Network, Netflix Locations: California

☆ Trump continues his revenge tour against pro-DeSantis lawmakers
▼ + stars: | 2024-05-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

DeSantis and Good later endorsed Trump, who will formally receive the GOP's presidential nomination in July. Advertisement"Thank you President Trump for endorsing my campaign for Congress!" Before Trump endorsed McGuire, Good had gone to great lengths to appear close to the former president. Trump's most successful revenge tour has been against the 10 House Republicans who voted to impeach him for inciting the January 6, 2021, Capitol riot. Last month, Trump endorsed a primary challenger to one of those two, Rep. Dan Newhouse of Washington.

Persons: —, Donald Trump, Bob Good, Trump, Ron DeSantis, DeSantis, Sen, John McGuire, McGuire, Good, Matt Gaetz's, Kevin McCarthy, McCarthy, Tony Gonzales, Chip Roy, Texas, Roy, Dan Newhouse Organizations: Service, Truth, Business, Caucus, Florida, Save, Trump, Republicans, Republican, Democrats, GOP, Capitol, Dan Newhouse of Washington Locations: Virginia, New York City, Manhattan, Florida, Tony Gonzales of Texas, Dan Newhouse of

☆ How Trump could turn a guilty verdict into a win
▼ + stars: | 2024-05-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Twelve New Yorkers will then weigh the possibility of a historic verdict: finding the first-ever former president guilty in a criminal trial. Polling shows that a guilty verdict has some potential peril. AdvertisementIn a recent Quinnipiac University nationwide poll, 62% of voters said a guilty verdict would not affect their vote in November. It's not hard to imagine that in responding to a potential guilty verdict Trump lashes out in a way that causes him more problems. During the Manhattan criminal trial, Trump has sent repeated fundraising appeals, including when Justice Juan Merchan found Trump in contempt for violating his gag order.

Persons: —, Donald Trump, Joe Biden, Trump, Jean Carroll, Cook, Mike Johnson, Donald Trump's, Justin Lane, It's, Paul Ryan, couldn't, Kevin McCarthy, Mike Pence, Ron DeSantis, Tish James, Justice Juan Merchan Organizations: Service, Business, Trump, Quinnipiac University, Republicans, GOP, Yahoo, New York Times, Siena College, Justice Department, Florida Gov, Politico, New York, Save Locations: Manhattan, Quinnipiac, Donald Trump's Manhattan, weaponized, Florida

☆ The Brat Pack, Reconsidered - The New York Times
▼ + stars: | 2024-05-27 | by ( Andrew Mccarthy | ) www.nytimes.com time to read: +1 min

It was the 1980s, and I was in the right place at the right time, as a cultural shift was taking place. It’s difficult to imagine now, but Hollywood was not always as enamored of the young as it is today. There were some in the old guard who resented this upheaval, and when a disparaging article in New York magazine appeared lumping a group of us young actors as the Brat Pack, many in Hollywood snickered with satisfaction. The nod to the Rat Pack placed us on a historical Hollywood continuum while simultaneously reducing us by stripping our individuality. As the magazine put it: “This is the Hollywood ‘Brat Pack.’ It is to the 1980s what the Rat Pack was to the 1960s — a roving band of famous young stars on the prowl for parties, women and a good time.”

Persons: lumping, ” Organizations: Hollywood Locations: New York, Hollywood

☆ America’s military has the edge in space. China and Russia are in a counterspace race to disrupt it
▼ + stars: | 2024-05-27 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +20 min

Direct-ascent anti-satellite missiles are fired from Earth to take out a satellite target in space. Since then, China is believed by analysts to have conducted multiple, nondestructive missile tests that could advance its ability to target satellites. Illustration by CNNThat’s because the US has done extensive non-offensive testing of technologies to approach and rendezvous with satellites, including close approaches of its own military satellites and several Russian and Chinese military satellites, SWF says. Chance Saltzman explained why the US felt it needed to be able to counter other countries’ space capabilities. Its tenets may be more relevant now than ever – but potentially under greater threat amid a new focus on military and space.

Persons: –, Russia’s, ”, Rajeswari Pillai Rajagopalan, Zang Jihui, Chance Saltzman, ” Saltzman, Juliana Suess, Kamala Harris, Etienne Laurent, SpaceX’s, Tong Zhao, ” Zhao, doesn’t, RUSI’s Organizations: Hong Kong CNN, Russian, CNN, Getty, Sputnik, Center for Security, Strategy, Technology, Observer Research, Foundation, China, US Space Force, Liberation Army, PLA, Space Force, Washington, CNN That’s, Space, China’s PLA, US Space Command, Vandenberg Space Force, Bloomberg, Union of Concerned, Carnegie Endowment, International Peace, Modern Defense Technology ”, United Nations Security, US Locations: Hong Kong, Ukraine, Russia, Germany, Europe, United States, China, Moscow, North Korea, Iran, Beijing, AFP, Soviet, Soviet Union, America, New Delhi, India, CNN China, Washington, Japan, Guam, France, Australia, Israel, Gaza, London, California, Honolulu, Hawaii, powerlines

☆ Trump will try to spin his Manhattan trial verdict in his favor, no matter what happens
▼ + stars: | 2024-05-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

Twelve New Yorkers will then weigh the possibility of a historic verdict: finding the first-ever former president guilty in a criminal trial. Polling shows that a guilty verdict has some potential peril. It's not hard to imagine that in responding to a potential guilty verdict Trump lashes out in a way that causes him more problems. The easiest prediction is that Trump's verdict will likely spawn a wave of donations. During the Manhattan criminal trial, Trump has sent repeated fundraising appeals, including when Justice Juan Merchan found Trump in contempt for violating his gag order.

☆ Bipartisan congressional delegation visits Taiwan following days of Chinese military drills around island
▼ + stars: | 2024-05-26 | by ( Avery Lotz | ) edition.cnn.com time to read: +3 min

CNN —House Foreign Affairs Committee Chairman Michael McCaul and a bipartisan delegation of lawmakers arrived in Taiwan on Sunday following the election of the island’s new president and after days of Chinese military drills. The US will continue to stand by our steadfast partner and work to maintain the status quo across the Taiwan Strait. US officials condemned the drills, with the State Department urging the Chinese to “act with restraint.”Two years ago, former House Speaker Nancy Pelosi visited the island, marking the first time a US House speaker had traveled to Taiwan in 25 years. Her visit was met with days of large-scale military drills and warnings of a “severe impact” on US-China relations from the Chinese government. In April 2023, then-House Speaker Kevin McCarthy similarly defied threats from China, presenting a united front with then-President Tsai Ing-wen in a California meeting.

Persons: Michael McCaul, Lai Ching, China’s, Putin, Xi, ” McCaul, Xi Jinping, ”, Nancy Pelosi, Kevin McCarthy, Tsai Ing, “, Antony Blinken Organizations: CNN — House Foreign, Communist Party, US, Taiwan, House Foreign Affairs Committee, ” CNN, State Department Locations: Taiwan, Beijing, Ukraine, Israel, Iran, “ Taiwan, Taiwan Strait, America, Asia, China, California

☆ Trump lawyer blasts 'The Apprentice' biopic in legal warning letter, calling it foreign election interference
▼ + stars: | 2024-05-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Read previewIn the 1970s, the lawyer Roy Cohn taught Donald Trump a simple playbook for political fights: attack, counterattack, and never apologize. Trump is employing that strategy on "The Apprentice," an independently produced biopic about him that premiered this week at the Cannes Film Festival. In a cease-and-desist letter, one of Trump's attorneys threatened to sue over the movie's release, calling it "direct foreign interference in America's elections." The letter warns that the movie's release in the United States would amount to "foreign interference in our elections." "The Movie, released six months before the November 2024 election, is directed at influencing the 2024 election by falsely defaming President Trump," he wrote.

Persons: —, Roy Cohn, Donald Trump, Trump, David Warrington, Sebastian Stan, Cohn, Jeremy Strong, US Sen, Joseph McCarthy, Ivana, Ali Abbasi, Gabriel Sherman, Abbasi, Strong, Joseph Stalin, Mao Zedong, Warrington, Sherman, Steven Cheung Organizations: Service, Cannes Film, Business, Trump, New, Communist Party, US, Warrington, Dhillon Law, Los Angeles Times, Hollywood, White House Locations: New York, American, Dublin, Warrington, United States

☆ Trump Prosecutor Wins, McCarthy’s Successor Is Set and Other Election Takeaways
▼ + stars: | 2024-05-22 | by ( Chris Cameron | ) www.nytimes.com time to read: +1 min

Mr. Fong succeeds Mr. McCarthy nearly five months after he resigned from Congress, following his ouster from the speakership. Mr. Fong will now serve until the term expires in January and will again face his Republican opponent — Mike Boudreaux, the longtime sheriff of Tulare County — in the fall to seek a full term. Georgia, Idaho, Kentucky and Oregon also held primary contests on Tuesday, with presidential primaries in Kentucky and Oregon yielding notable protest votes against President Biden and former President Donald J. Trump. Biden met significant resistance in the Kentucky primary, and a protest vote against him in Oregon faltered. The protest vote against Mr. Biden there was nearly double that against Mr. Trump, who won about 85 percent of the vote in the Republican primary.

Persons: Vince Fong, Kevin McCarthy, Fong, McCarthy, — Mike Boudreaux, Biden, Donald J, Mr, Trump Organizations: Republican, Trump, Democratic, Mr Locations: California, Tulare County, Georgia , Idaho , Kentucky, Oregon, Kentucky

☆ Election Updates: Trump prosecutor wins re-election and other takeaways from Tuesday’s contests.
▼ + stars: | 2024-05-22 | by ( Chris Cameron | ) www.nytimes.com time to read: +4 min

The protest vote against Mr. Biden there was nearly double that against Mr. Trump, who won about 85 percent of the vote in the Republican primary. Turnout also plunged in the Democratic primary, with about 184,000 votes tallied, compared with the more than 537,000 recorded in 2020. In neighboring Washington State, the uncommitted ballot option got nearly 10 percent of the vote in the Democratic primary in late March. Image Fani Willis, the Fulton County district attorney, celebrated her re-election win in the Democratic primary on Tuesday in Atlanta. The Democratic primary for district attorney in Fulton County, Ga., ended in a remarkable blowout.

Persons: Vince Fong, Kevin McCarthy, Fong, McCarthy, — Mike Boudreaux, Biden, Donald J, Mr, Trump, Fani Willis, Brynn Anderson, Willis, Christian Wise Smith, Scott McAfee, Trump’s, Judge McAfee, McAfee’s, Jamie McLeod, Skinner, Janelle Bynum, Ms, Bynum, Tina Kotek, Lori Chavez, DeRemer, Mike Schmidt, Nathan Vasquez, Vasquez, Schmidt, Schmidt’s Organizations: Republican, Trump, Democratic, Mr, Associated, Georgia, Oregon’s Fifth Congressional Locations: California, Tulare County, Georgia , Idaho , Kentucky, Oregon, Kentucky, In Oregon, Gaza, Washington State, Fulton County, Atlanta ., Georgia, Fulton County ,, Multnomah County, Portland

China launched two days of military drills starting Thursday surrounding Taiwan in what it called a “strong punishment” to its opponents on the self-governing island, after Taiwan’s new president pledged to defend its sovereignty as he took office. The drills were the first substantive response by China to the swearing in of President Lai Ching-te, whom Beijing dislikes, in Taipei on Monday. Mr. Lai’s party asserts Taiwan’s separate status from China, and in a high-profile inaugural speech on Monday, he vowed to keep Taiwan’s democracy safe from Chinese pressure. China, which claims Taiwan as its territory, has mainly responded to Mr. Lai’s speech with sharply worded criticisms. China did not say how many planes and ships it was deploying in the exercise, but the last major drill in multiple locations around Taiwan that China has conducted was in April of last year in response to the visit to Taiwan by the former House speaker, Kevin McCarthy.

Persons: Lai Ching, Kevin McCarthy Locations: China, Taiwan, Beijing, Taipei, Kinmen, Taiwan Strait

☆ Iran President Raisi: Days of funeral ceremonies begin as investigators probe helicopter crash
▼ + stars: | 2024-05-21 | by ( Jessie Yeung | Simone Mccarthy | ) edition.cnn.com time to read: +6 min

CNN —Funeral ceremonies are set to begin on Tuesday for the late Iranian President Ebrahim Raisi following his death in a helicopter crash, as authorities probe what caused the aircraft to smash into the side of a remote mountainside during foggy weather on Sunday morning. A helicopter carrying Iran's President Ebrahim Raisi takes off on May 19, 2024, before the crash took place. There is no indication what might have caused the crash – and why so many senior Iranian government officials were traveling in a single, decades-old helicopter. A high-ranking delegation will go to the crash site in Eastern Azerbaijan, according to Iran’s Tasnim news agency. Inside Iran, where many of the country’s restive youth population have grown tired of rule by conservative clerics, Raisi had a much more polarizing legacy.

Persons: Ebrahim Raisi, Ayatollah Khamenei, Mohsen Mansouri, Ali Hamed Haghdoust, Mansouri, Reza, Khamenei, “, ”, Abdulkadir Uraloglu, Uraloglu, Iran’s, ’, Ayatollah Khamenei —, Vladimir Putin, Xi Jinping, Kim Jong, Kim, Xi, Raisi’s, Azin, ” Xi, Putin, Russia, ” Raisi, Raisi Organizations: CNN, Wana News Agency, Reuters, Mehr, Iranian, Turkish Transportation, Infrastructure, TRT, Moj News Agency, AP, Kremlin, US Locations: Tabriz, Iran, Qom, Tehran, Mashhad, Turkey, Turkish, Eastern Azerbaijan, Israel, Korean, Saudi Arabia, Ukraine, China, North Korea, Russia, Iranian

☆ What to Watch as Voters Head to Polls in Georgia, Oregon and Elsewhere
▼ + stars: | 2024-05-21 | by ( Chris Cameron | ) www.nytimes.com time to read: +1 min

Voters are headed to the polls on Tuesday in several states. Vince Fong, a state lawmaker and onetime aide to Mr. McCarthy, had a significant lead in the primary. Georgia, Kentucky, Oregon and Idaho have primary contests today. In Kentucky and Oregon, voters will also weigh in on the presidential primaries, raising the possibility of protest votes against both President Biden and former President Donald J. Trump. Fani T. Willis, the Fulton County district attorney, will face a challenger in the Democratic primary for her position.

Persons: Kevin McCarthy, Vince Fong, Mr, McCarthy, Mike Boudreaux, Biden, Donald J, Fani Willis, Fani, Willis, Christian Wise Smith, Scott McAfee, Trump’s, Robert Patillo II, Tiffani Johnson Organizations: Congressional District, Trump, Democratic Locations: Tulare County, Georgia, Kentucky, Oregon, Idaho, Fulton County

☆ Peloton shares drop after it announces refinancing to stave off cash crunch
▼ + stars: | 2024-05-20 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Peloton shares plunged on Monday after the connected fitness company said it is launching a "global refinancing," as it looks to stave off a cash crunch amid falling sales. Peloton plans to use the proceeds to buy back about $800 million of its 0% convertible senior notes, which are currently due in 2026, and refinance its existing term loan. Shares fell more than 12% in extended trading after Peloton announced the refinancing, but later regained some ground. In a letter to shareholders, the company said it is "mindful" of the timing of its debt maturities, which include convertible notes and a term loan. "Overall, our refinancing goals are to deleverage and extend maturities at a reasonable blended cost of capital," the company said.

Persons: Barry McCarthy, McCarthy, Goldman Sachs Organizations: JPMorgan

Lai, 64, a former doctor, was inaugurated alongside new Vice President Hsiao Bi-khim, who recently served as Taiwan’s top envoy to the United States. Both leaders and their party are openly loathed by Beijing for championing Taiwan’s sovereignty. Lai takes up the mantle from DPP predecessor Tsai Ing-wen, who bolstered the island’s international standing and recognition during her eight years in office. He is also expected to project goodwill to China with a message of pursuing peace and prosperity across the Taiwan Strait. That deliberately nuanced stance mimics his outgoing predecessor Tsai, Taiwan’s first female president, who was unable to stand again because of term limits.

Persons: Taipei CNN — Lai Ching, te, Lai, Hsiao Bi, China’s, Tsai Ing, Tsai –, –, Xi Jinping, Tsai, Taiwan’s, rebuking Organizations: Taipei CNN, Democratic Progressive Party, Communist Party, CNN, Kuomintang, KMT, Taiwan People’s Party, DPP, ” Locations: Taipei, China, United States, Beijing, Taiwan

☆ Slouching isn’t bad for your spine but may impact your memory, research says
▼ + stars: | 2024-05-19 | by ( Chris Mccarthy | ) edition.cnn.com time to read: +5 min

The Conversation —Often a posture assigned to teenagers and disaffected youth, slouching is traditionally considered to be a “bad” posture — with some claiming it will damage your spine and cause pain. But while posture is heavily overlaid with psychological meaning, is it really that bad for our spines if we slouch? There’s also no clear evidence that slouching while sitting at your desk or while using your phone causes damage to the spine. Slouching has been linked to poorer information and memory recall, as well as worse mood when compared to sitting upright. But aside from that, the evidence overwhelmingly suggests there’s no single, ideal or good posture.

Persons: slouching, —, ”, there’s, There’s, it’s, Slouching, Chris McCarthy Organizations: CNN, Manchester Metropolitan University

Search resuls for: "mccarthy"

25 mentions found