DIRS.INFO The most relevant business & tech news

☆ India kicks off the world's largest elections this week. Here’s what you need to know
▼ + stars: | 2024-04-18 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

A worker fixes a flag of the ruling Bharatiya Janata Party on a hoarding of their leader and India's Prime Minister Narendra Modi on April 15, 2024. The 2024 general elections will pan out in seven phases over the next six weeks, starting April 19. India's meteoric riseUnder Modi's rule, India's economy has scaled to new heights. It is now the world's fifth-largest economy with a GDP of $3.7 trillion and has set its sight on becoming the world's third largest economy by 2027. Home to 1.4 billion people, the world's most populous country is the fastest growing economy in the world.

Persons: Narendra Modi, Idrees Mohammed, Hong Kong's, Modi, Suyash Rai, Joe Biden, Chietigj Bajpaee, Biden, Bajpaee, Rahul Gandhi, Rajiv Gandhi, Indira Gandhi, Jawaharlal Nehru, Amitendu Palit, Modi's, R.satish Babu Organizations: Bharatiya Janata Party, India's, Afp, Getty, Voters, Monetary Fund, Carnegie India, CNBC, White, Bloomberg, India, South Asia, Chatham House, BJP, National Democratic Alliance, Indian, Developmental Inclusive, Indian National Congress, Institute of South Asian Studies, National University of Singapore, NDA, Centre, of Foreign Relations, Reuters Locations: Lok Sabha, Lok, Hong, Washington, U.S, India, China, Raipur, Coimbatore

☆ Caitlin Clark completed her expensive Prada outfit with more than $10,000 worth of sparkling diamonds
▼ + stars: | 2024-04-17 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Caitlin Clark attended the 2024 WNBA Draft on Monday and was picked by the Indiana Fever. On the red carpet, she wore a $17,000 Prada outfit and more than $10,000 worth of John Hardy jewels. She wore diamond earrings and three bracelets made from silver and gold. AdvertisementThe 2024 WNBA Draft wasn't just about basketball for superstar Caitlin Clark. The event was also her first foray into the world of fashion, with the 22-year-old athlete sporting a $17,000 Prada outfit and an array of diamond jewelry worth $10,485 on the red carpet.

Persons: Caitlin Clark, John Hardy, — Organizations: Indiana, Service

☆ Russia is expected to grow faster than all advanced economies this year
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesRussia's economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund. The prediction will be galling for Western nations which have sought to economically isolate and punish Russia for its 2022 invasion of Ukraine. In short, Russia has adapted to a "new normal" as its economy has been put on a war footing. The Washington-based IMF includes the U.S., U.K., the euro area's largest economies, Canada and Japan as advanced economies. "If you look at Russia, today, production goes up, [for the] military, [and] consumption goes down.

Persons: Vladimir Putin, Uralvagonzavod, Ramil Sitdikov, Kristalina Georgieva, CNBC's Dan Murphy, Georgieva, Elvira Nabiullina, Andrey Rudakov Organizations: Evraz Consolidated, Siberian Metallurgical, Bloomberg, Getty, International Monetary Fund, U.S, Sputnik, Afp, IMF, TU, CNBC, World Governments, Bank of Russia, Duma Locations: Evraz Consolidated West, Novokuznetsk, Russia, Germany, France, Ukraine, India, China, Russian, Urals, Nizhny Tagil, Washington, Canada, Japan, Europe, Asia, Kazan, Dubai, Soviet Union, Russia's

☆ Elon Musk's wealth has crashed by $160 billion from its peak as Tesla's problems pile up
▼ + stars: | 2024-04-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The stock drop has fueled an estimated $160 billion decline in Elon Musk's net worth. AdvertisementTesla's mounting troubles have dealt a heavy blow to Elon Musk's net worth. However, Musk's net worth has plunged by about $160 billion since then to $178 billion at Tuesday's close. Musk's net worth has taken a big hit from the decline because his 13% stake in the automaker makes up a big chunk of his wealth. He topped the Bloomberg rich list with a $229 billion fortune in January, but his net worth has crashed by $51 billion, or 22%, since then.

Persons: —, Elon, Warren Buffett, LVMH's Bernard Arnault, Jeff Bezos, Meta's Mark Zuckerberg, Musk, He's, Zuckerberg, isn't Organizations: Service, Bloomberg, SpaceX, Buffett, Tesla, Twitter Locations: Elon Musk's

☆ Paris Olympics: Team USA expected to win bumper medal haul
▼ + stars: | 2024-04-17 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —With 100 days to go until the start of the Paris Olympics, Team USA is expected to top the medal table once again at this year’s Summer Games. According to a virtual Paris Olympics medal table released by Nielsen’s Gracenote, the US is forecast to win 123 medals in Paris – 39 gold, 37 silver and 47 bronze. “The United States team has medals projected in 27 different sports in the Virtual Medal Table, two sports fewer than the country’s own Olympic record of 29 which was set in Tokyo. Australia, Japan, Italy, Netherlands, Germany and South Korea make up the rest of the top 10 in the virtual medal table. The table is a statistical model based on individual and team results in past events, including Olympics, world championships and World Cups.

Persons: Nielsen’s Gracenote, ” Gracenote, Katie Ledecky, Alex Slitz, Gracenote, Christian Coleman, Noah Lyles, Simone Biles Organizations: CNN, Paris Olympics, USA, Angeles, United States, “, France Locations: Paris, Tokyo, China, Great Britain, Australia, Japan, Italy, Netherlands, Germany, South Korea

☆ What the conversation about Caitlin Clark’s pay gets wrong
▼ + stars: | 2024-04-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

The WNBA’s stars aren’t asking to be paid an equal dollar amount to NBA players, however. WNBA players have made progress on salaries since 2020, when they reached their latest collective bargaining agreement with the league. Sharing the revenue pieBecause it’s a smaller and younger league, women’s players have had less bargaining power with team owners over their pay than men. While NBA players receive 50% of total NBA revenue, the WNBA must hit a certain revenue threshold annually before any revenue sharing agreements kick in. This has held back women’s salaries.

Persons: Caitlin Clark, Clark, Angel Reese, ” Terri Jackson, David Berri, Kelsey Plum, Griner, Jackson, ” Jackson, “ It’s, ”, Alicia Jessop, “ That’s, ” David Berri, David Stern, “, Berri, Cathy Engelbert, ” Breanna Stewart Organizations: New, New York CNN, NBA, National Basketball Association, Women’s National Basketball Association, University of Iowa, Louisiana, NCAA, WNBA, ’ Association, CNN, Southern Utah University, Las Vegas Aces, —, Phoenix Mercury, ’, Pepperdine University, longtime, New York Liberty Locations: New York, men’s, Russia

☆ Andy Sieg is quickly shaking up Citi's wealth business. At least 11 senior execs have left since his arrival.
▼ + stars: | 2024-04-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Citi's wealth unit has seen at least 11 senior execs exit since Merrill Lynch veteran Sieg joined in September. The latest departure is David Bailin, chief investment officer for the global wealth division, who announced his departure on Monday. Sieg's mandate is to turn around the wealth business, which was barely profitable this past quarter. Sieg also plans to expand Citi's already successful wealth business in Asia. At least two other senior Asia executives have left.

Persons: Andy Sieg, Merrill Lynch, Sieg, David Bailin, Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merril Lynch, Don Plaus, Hale Behzadi, Citi David, Eduardo Martinez Campos, Keith Lee Hong, Fernando Lopez Munoz, Luigi Pigorni, Jeff Sutton, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Citi, Business, Bankers, Citi Wealth, Citi Global Wealth, North America, Eduardo Martinez Campos Head, Mark, Mark Mills Regional, Fernando Lopez Munoz Head, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Keith Lee Hong Kong, Mark Mills, Shyam Sambamurthy South Asia, America, West China, hcuccinello@businessinsider.com

☆ Airline worker among six arrested in $22M airport gold heist. Police say it was an inside job
▼ + stars: | 2024-04-17 | by ( Paula Newton | ) edition.cnn.com time to read: +3 min

The gold and currency had just arrived on an Air Canada flight from Zurich, Switzerland. At least two former Air Canada employees allegedly helped in the audacious theft, police say. “They needed people inside Air Canada to facilitate this theft,” Detective Sgt. “This was the largest gold heist in Canadian history, reportedly, it’s the sixth largest in world crime history,” said Deputy Police Chief Nick Milinovich. “I don’t think I ever imagined they’d have to deal with the largest gold heist in Canadian history, it’s almost out of an Ocean’s Eleven movie or a CSI.

Persons: Mike Mavity, ”, ” Peter Fitzpatrick, “, Eric, it’s, Nick Milinovich, Patrick Brown Organizations: Ottawa CNN —, Toronto’s Pearson International Airport, Police, Air Canada, Air, Peel Regional Police, US, of Alcohol, Tobacco, Firearms, Explosives, ATF, ” Police Locations: Canada, Zurich, Switzerland, Air Canada, Peel, Pennsylvania, Ontario, Brampton , Ontario

☆ A US Navy amphibious warship returned home for repairs just 10 days after deploying
▼ + stars: | 2024-04-17 | by ( Rachel Nostrant | ) www.businessinsider.com time to read: +6 min

USS Boxer, a Wasp-class amphibious assault ship, is returning home just 10 days after deploying. "USS Boxer is returning to San Diego to undergo additional maintenance in support of its deployment in the Indo-Pacific region," Lt. Cmdr. "We're seeing some potential delays on [the amphibious assault ship USS Wasp]," Franchetti said. A spokesperson for Surface Force Atlantic told Military.com following the incident that "during the underway, the ship discovered an engineering irregularity" and "returned to port to effect repairs." The amphibious assault ship USS Boxer transits the East Sea during Exercise Ssang Yong 2016 March 8, 2016.

Persons: Boxer, —, Cmdr, Jesus Uranga, Military.com, Uranga, Craig Z, Adm, Lisa Franchetti, Franchetti, Bill Dodge, Yong, Seaman Craig Z, Konstantin Toropin Organizations: US Navy, Service, USNI News, Navy, Marine Corps, Boxer, Marines, 15th Marine Expeditionary Unit, USNI, Space, Maritime, USS Boxer, USS Boxer U.S . 5th, . Navy, Naval, Surface Force, REUTERS, U.S . Navy, Reuters, USS, Somerset Locations: San Diego, Boxer U.S, USS Boxer U.S, Norfolk, Virginia, Handout, USS Somerset, Somerset, India

☆ Dollar steady, yen fragile after Fed comments dash rate cut bets
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: +4 min

The comments follow a slew of data in recent weeks that highlight the strength of U.S. economy along with persistent inflation. Against a basket of currencies, the dollar was last at 106.33, just below the five month peak of 106.51 touched on Tuesday. I'm watching dollar strength and U.S. real yields very closely." On Wednesday, the yen was last at 154.65 per dollar, having touched the 34-year low of 154.79 in the previous session. The Australian dollar rose 0.12% to $0.641, while the New Zealand dollar rose 0.22 to $0.589.

Persons: Jerome Powell, Powell, Powell's, " Powell, Ben Bennett, Kieran Williams, InTouch Capital's Williams Organizations: Federal Reserve, U.S, Traders, Investment Management, Asia FX, InTouch, CPI, New Zealand Locations: Washington, Asia, JPY, Japan

☆ These are Morgan Stanley's top picks into quarterly earnings
▼ + stars: | 2024-04-17 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

As earnings season picks up steam, Morgan Stanley has named a group of stocks that could see a jump on quarterly results. Nvidia has climbed more than 70% in 2024, and the chipmaker is set to report quarterly results on May 22. Analysts polled by FactSet forecast earnings per share of $5.56 on revenue of $24.46 billion in the fiscal first quarter. Analysts have upwardly revised their earnings estimates on Nvidia by 17% over the past three months, according to FactSet data. Amazon has added 19% in 2024, and the company will report quarterly results on April 30.

Persons: Morgan Stanley, Michelle Weaver, Joseph Moore, Moore, Brian Nowak, Nowak Organizations: Amazon, Nvidia, Wall, Analysts, North Locations: North America

WWE and its parent company, TKO, have said that they take Grant's allegations "very seriously." Staying in touchMcMahon has also talked to Trump, according to two of the people close to the wrestling impresario. The two billionaires have been in touch regularly, according to a person close to McMahon, although it isn't clear what they've discussed. Another person close to McMahon said that the two men don't discuss their legal problems and that Trump doesn't provide legal advice. Publicly, Johnson has thanked TKO and WWE executives regarding his addition to the TKO board earlier this year.

Persons: Vince McMahon, Donald Trump, Mark, McMahon, Janel Grant, he's, hasn't, Mark Shapiro, doesn't, McMahon hasn't, Paul, Levesque, Stephanie McMahon, wasn't, Jessica Rosenberg, Grant's, Jan, John Laurinaitis, Janel, couldn't, Ann Callis, Grant, Nicholas Biase, Linda McMahon, McMahon's, Bill Pugliano, Donald J, Trump, Dwayne, Johnson, John Cena, Cena, Howard Stern, I'm, William Morris, Cena didn't, Endeavor Group's, Ari Emanuel, Brendan Mcdermid Organizations: WWE, Austin Straubel, Getty, World Wrestling, NBC News, CNBC, Triple, Federal, U.S, Attorney's, Southern, of, Trump, WWE Hall of Fame, PAC, Trump Media, Technology Group, Street Journal, Trump Foundation, Hollywood, William, William Morris Endeavor, Endeavor Group, Endeavor, Endeavor Group's UFC, Longtime Hollywood, New York Stock Exchange Locations: Green Bay , Wisconsin, United States, Caicos, Italy, of New York, Connecticut, Manhattan, Atlantic City, Trump's, York, New York City, U.S

☆ More Americans Are Moving Abroad Because the US Is Too Expensive
▼ + stars: | 2024-04-17 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

"We realized we couldn't afford the mortgage and the car payments and everything," Stonestreet told me. Americans work more, vacation less, spend more on healthcare, and die sooner than people in other high-income economies. These factors likely explain why some Americans are moving to countries that aren't generally considered low-cost-of-living locales. She said that living abroad afforded her a degree of flexibility and spontaneity that would be out of reach back home. From their temporary perch in Tirana, Albania, the couple told me via WhatsApp that their only regret about moving abroad was not doing it sooner.

Persons: Amelia Basista, Stonestreet, Basista, Maliya, I'm, Fale, scoping, Cristina Johnson, Johnson, Mariana, Dustin Lange, that's, Mariana Lange, Mark Zoril, Andrew Hallam, Zoril, hasn't, — Zoril, Tomorrow's Organizations: State Department, American Citizens, Monmouth University, Labor Statistics, Financial Technology Association, Business Locations: South America, Denver, Cuenca, Ecuador, Germany, Canada, France, Minneapolis, Latin America, America, Puerto Morelos, Mexico, Pennsylvania, Belize, States, Austin, North Carolina, Central America, Portugal, Spain, Lisbon, Europe, Tirana, Albania

☆ Climate change and global warming come with increasing economic cost to individuals
▼ + stars: | 2024-04-17 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

However, they say immediate actions to reduce climate change could stem some losses in the longer term. Noah Diffenbaugh, a professor and environmental researcher at Stanford University, said the economic damage from climate change will take different shapes. Researchers estimated it would cost the global economy $6 trillion by 2050 to comply with the Paris Climate Agreement—the international agreement among nearly 200 nations to tackle climate change—compared to the study’s estimated $38 trillion economic damage due to climate change. “That’s what’s likely to happen from the global warming that’s already occurred and what’s likely to happen even for small increments of global warming.”The Nature study estimated the economic damage of different regions. The ICF paper said price hikes on essential elements of the cost of living in the US will add up due to climate change.

Persons: –, Maximilian Kotz, Leonie Wenz, Noah Diffenbaugh, It’s, Wenz, Bernardo Bastien, Bastien, ” Bastien, “, ”, “ That’s, what’s, won’t Organizations: CNN, United Nations, Potsdam, Climate, Stanford University, Scripps Institute of Oceanography, University of California Locations: Nature, Paris, University of California San Diego, California, North America, Europe, South Asia, Africa, United States

☆ Biden admin, US ports prep for cyberattacks as nationwide infrastructure is targeted
▼ + stars: | 2024-04-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, cited President Biden's signing in February of an executive order to strengthen the cybersecurity of U.S. ports . The nation's port system is the main point of entry for trade, employs 31 million people, and generates over $5.4 trillion for the U.S. economy. One of the key areas of concern for the Biden administration and the executive order is the security of Chinese-manufactured cranes. Biden administration officials recently warned the nation's governors about the threat to water systems. Isles said it is important to identify the critical safety and business systems at the nation's ports.

Persons: Seroka, Gene Seroka, Anne Neuberger, Biden's, Biden cybersecurity, Neuberger, Biden, Christopher Wray, Google's, Mandiant, Adam Isles, order's rulemaking Organizations: Department of Transportation Maritime Administration, Security Operations Center, National, Technology, Biden, Coast Guard, U.S, Mitsui, FBI, Congress, Chertoff Group, American Association of Port Authorities, CNBC, Port Locations: Angeles Harbor, United States, of Los Angeles, of, Angeles, U.S, China, State, Texas, Muleshoe, Cannon, Clovis , New Mexico, Iran, Pennsylvania, cybersecurity, Port of Los Angeles

☆ Boeing's fleet of 8 corporate jets spent some 4,500 hours in the sky flying company executives last year, data shows
▼ + stars: | 2024-04-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Boeing's corporate planes collectively flew about 4,500 hours across some 1,800 flights last year, according to data from the aviation-tracking website JetSpy. Jet Edge InternationalThe fleet's top airports include Chicago International Airport, Washington Dulles International Airport, and Boeing Field King County International Airport — all located near Boeing's corporate offices and factories. AdvertisementThe locations of Boeing's corporate fleet on April 12, according to JetSpy data. For instance, JetSpy data shows aerospace company Lockheed Martin collectively flew its five private jets for about 2,700 hours in 2023. AdvertisementBoeing wrote in the filing that its CEO "is required to use company aircraft for all business and personal travel for security reasons."

Persons: —, Dave Calhoun, Calhoun, Brian West, Lockheed Martin, Taylor Swift, Elon Musk, Max, messier Organizations: Service, Business, Boeing Business Jets, Canadian, Bombardier, Challenger, Jet Edge, Chicago International Airport, Washington, International Airport, Boeing Field King County International, Airport, Lebanon Municipal Airport, Wall Street Journal, Boeing, Lockheed, PepsiCo, Costco, Alaska Airlines, Calhoun . Locations: Westchester, New York, Lebanon, New Hampshire, South Carolina, New Canaan , Connecticut, American

☆ Cloud seeding probably didn't cause Dubai's floods. The UAE has been trying to control its weather for years, and the US does it too.
▼ + stars: | 2024-04-17 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Photos show how the UAE, United States, and other countries have been seeding clouds for decades. Historic floods in Dubai didn't come from cloud seeding, but humans' climate impacts are playing a role. Related storiesAccording to several scientists, cloud seeding isn't the driving force behind Dubai's historic floods. Packets of salt are pictured during a cloud seeding operation at a military airbase in Subang, Malaysia. The real threat behind Dubai's floodsMany atmospheric scientists have dismissed the idea that cloud seeding was behind Dubai's floods.

Persons: GIUSEPPE CACACE, Getty, Prometheus, Frankenstein —, Thomas Peipert, Al Hayer, Amr Alfiky, Andrea DiCenzo, Lim Huey Teng, there'd, Friederike Otto, John Marsham, Jeff Big Jeff, Gary Coronado, Marsham, Fred Greaves, Otto Organizations: Dubai didn't, Service, United Arab Emirates, United Arab, UAE, Reuters, National Center of Meteorology, United, UAE's National, of Meteorology, Militia, Imperial College London, Science Media, SMC, University of Leeds, Los Angeles Times, Getty, UAE isn't, National Park Service, AP Locations: UAE, United States, Dubai, United Arab Emirates, Rocky, Lyons , Colorado, China, Australia, Al Ain, Utah, Dongkou county, Shaoyang, Hunan province, Subang, Malaysia, Bannon, Sacramento, , California, California's Sacramento County

☆ Stocks making the biggest moves midday: United Airlines, Travelers, Abbott Laboratories and more
▼ + stars: | 2024-04-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Quarterly revenue came in at $12.54 billion, topping an LSEG estimate of $12.45 billion. Travelers said it generated $4.69 in earnings per share on $10.18 billion in revenue. Interactive Brokers — Shares popped 3% after Interactive Brokers posted quarterly results that came in slightly ahead of Wall Street's expectations. J.B. Hunt posted earnings of $1.22 per share on $2.94 billion in revenue. Alcoa is set to report earnings after the bell.

Persons: LSEG, Eli Lilly, ASML, Hunt, Kate Spade, Abbott, Joe Biden's, Jefferies, —, Jesse Pound, Hakyung Kim, Pia Singh, Michelle Fox, Alex Harring, Sarah Min Organizations: United Airlines —, Travelers Companies, Travelers, U.S, Interactive, Hunt Transport Services, The New York Times, Federal Trade Commission, Versace, Capri Holdings, Autodesk —, Autodesk, Bancorp — U.S, Bancorp, Abbott Laboratories, FactSet, Alcoa Locations: China

☆ Some House Republicans need this reminder that Russia is not their friend
▼ + stars: | 2024-04-17 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

CNN —There is a major disconnect between two CNN stories on Wednesday about Russia and the US. While it is mostly Republicans who oppose additional funding for Ukraine, they are still a minority, even within their own party. In February, 22 Republicans in the Senate joined all but three Democrats to form a 70-vote majority in favor of the funding. Asked about that propaganda comment by Tapper earlier this month, Rep. Mike Turner of Ohio, who chairs the House Intelligence Committee, agreed. The two appeared together at Mar-a-Lago last week, and Johnson has bought into Trump’s proposal to structure some Ukraine aid as a loan rather than direct aid.

Persons: Sean Lyngaas, ”, Mike Johnson, Johnson, “, ” Johnson, CNN’s Jake Tapper, “ We’re, Matt Gaetz, Chip Roy didn’t, he’s, it’s, Marjorie Taylor Greene, Defense Lloyd Austin, Thomas Massie of Kentucky, Tucker Carlson, Vladimir Putin, Ralph Norman, Thomas Massie, Chip Roy, Tom Williams, It’s, Liz Cheney, Donald Trump, Michael McCaul, Puck, Tapper, Mike Turner of Ohio, ” Turner, Greene, Ken Buck, Moscow Marjorie ”, Putin, Trump Organizations: CNN, Capitol Hill, GOP, White, Conservative, Ukraine, Republicans, Senate, Florida, ” Texas, Defense, Republican, Fox News, Putin, Texas Republican, Foreign Affairs, House Intelligence, Trump, Mar, Lago Locations: Russia, Texas, Russian, Ukraine, Israel, Taiwan, Marjorie Taylor Greene of Georgia, Wyoming, Colorado

☆ Lawmakers vote against hearing Arizona bill repealing abortion ban on House floor
▼ + stars: | 2024-04-17 | by ( Arit John | Cheri Mossburg | ) edition.cnn.com time to read: +4 min

CNN —The Republican-controlled Arizona House of Representatives once again failed to advance a repeal of the state’s 160-year-old abortion ban Wednesday, days after the state Supreme Court roiled state politics by reviving the law. On Wednesday, following two attempts to discuss a bill that would repeal Arizona’s 1864 ban on abortions, lawmakers voted not to discuss the measure on the House floor. State lawmakers last week ended a House session early to block an effort to repeal the abortion ban. And on Monday, House Republicans’ general counsel laid out a strategy to defeat or dilute the impact of a potential abortion rights ballot initiative in a leaked memo. Abortion rights supporters and opponents gathered outside the statehouse Wednesday morning.

Persons: Donald Trump, Kari Lake, Katie Hobbs, “, Ben Toma, Doug Ducey, Republicans ’, Sen, Priya Sundareshan, ”, “ It’s, Jill Norgaard Organizations: CNN, Republican, Representatives, GOP, Democratic Gov, ”, Republicans, Arizona Democrats, Senate, Arizona Democratic Legislative, Committee, Abortion, statehouse, Wednesday Locations: Arizona,

☆ Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop
▼ + stars: | 2024-04-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML's net sales fell in the middle point of the company's guidance. ASML on Monday said first-quarter profit beat expectations while sales missed forecasts, with the company sticking to its full-year outlook. ASML has previously said it expects net sales for 2024 to be similar to 2023 and reiterated this projection on Monday. ASML previously said that export restrictions would impact 10% to 15% of China sales this year.

Persons: Joe Biden's, ASML, Peter Wennink, ASML's bullishness, Roger Dassen Organizations: Samsung, Taiwan Semiconductor Manufacturing Co, Intel Locations: Netherlands, China, U.S, America

☆ Caitlin Clark: Here’s what she said after being selected at No. 1 in the WNBA draft
▼ + stars: | 2024-04-16 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

CNN —Few things in professional sports have ever been as certain as Caitlin Clark being selected as the No. That’s what I’m going to do. I’m going to be in there and be like, ‘Go make a layup.’ She’s going to make my life easy. “If you’re a women’s basketball fan or you’re not a women’s basketball fan, I encourage you to watch the show when it comes out,” Clark says. I think I’m just excited.

Persons: Caitlin Clark, –, Clark, “, ” Clark, ’ She’s, Cameron Brink, Angel Reese, Adam Hunger, ”, Clark Clark, they’re, It’s, Peyton Manning’s, Kamilla Cardoso, Kiki Rice, Brian Babineau, I’ve, it’s, hasn’t, Steph Chambers Organizations: CNN, Iowa Hawkeyes, NCAA Division, Indiana Fever, Boston, South, NCAA, ESPN, Peyton, Chicago Sky, UCLA Bruins, Clark, Getty, Fever, WNBA, Iowa, Phoenix Mercury, Pacers Locations: men’s, Boston, South Carolina, Los Angeles, New York, Peyton Manning’s Omaha, Phoenix Mercury . Iowa, Indianapolis

☆ Space garbage hits Florida home, NASA confirms
▼ + stars: | 2024-04-16 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —A piece of garbage jettisoned from the International Space Station unexpectedly survived a fiery reentry from orbit last month and pierced the roof of a home in Florida, according to NASA. Garbage disposal in spaceNASA routinely brings home batches of science experiments, cargo and garbage from the space station using capsules such as the Dragon spacecraft built by SpaceX. But after the installation of new batteries on the space station in 2021, authorities disposed of a pallet of aging nickel-hydrogen batteries in a different way. But the debris that struck Otero’s house was the result of miscalculations about how space garbage would behave. The space agency should be more conservative in its analysis if it attempts a similar trash disposal method in the future, he added.

Persons: ” Alejandro Otero, Otero, ” Otero, “ I’m, Otero’s, John Crassidis, ” Crassidis Organizations: CNN, International, NASA, WINK News, Kennedy Space Center, SpaceX, European Space Agency, ESA, China National Space Administration, University, Buffalo’s School of Engineering, Applied Locations: Florida, Naples , Florida, China

☆ Jamie Dimon made $183 million from selling JPMorgan stock
▼ + stars: | 2024-04-16 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Jamie Dimon has raked in $183 million from his planned sale of 1 million JPMorgan shares. JPMorgan's CEO sold stock worth $33 million on Monday, after selling a $150 million tranche in February. Dimon's first disposals in 19 years were for diversification and tax planning, JPMorgan said. AdvertisementJamie Dimon has wrapped up his planned sale of 1 million JPMorgan shares, pocketing $183 million in total proceeds. The boss of America's biggest bank disposed of about 178,000 shares for about $33 million on Monday, regulatory filings show.

Persons: Jamie Dimon, Dimon's, — Organizations: JPMorgan, JPMorgan's, Service, Business

☆ Gold is shining ‘bright like a diamond’ and could hit $3,000, says Citi
▼ + stars: | 2024-04-16 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices continued to hover near record highs days after Middle East tensions flared, boosting the safe-haven appeal of bullion. Gold prices notched another record close Monday, with the most-active June contract for gold futures trading 0.37% higher to settle at $2,383 per ounce, and some say there's more room to run. "The recent gold rally has been aided by geopolitical heat and is coinciding with record equity index levels," Citi wrote in a note dated April 15. Market watchers are closely monitoring a potential retaliation by the Jewish state, which has vowed to "exact a price" from Iran.

Persons: Israel —, Bartosz, Conotoxia Organizations: Co, Citi, U.S . Locations: Bangkok, Thailand, East, Iran, Israel

Search resuls for: %22Bishop%20Talbert%20Swan%22

25 mentions found