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“Psychologically, he was desperate to get out,” Ralph’s son Alan Freeman told CNN. He was finally able to leave Germany and avoid the events that would soon unfold. ‘He saved his life’Sproston’s connections through the footballing world proved to be vital in helping Freeman leave Germany. It was before this game that the England players famously performed the Nazi salute prior to kick off. But more importantly, so did the story of Bert Sproston helping Ralph Freeman in his bid to leave Nazi Germany.
Persons: Rolf Friedland, Friedland, Ralph Freeman, ‘ They’re, ” Ralph’s, Alan Freeman, , , Freeman, Alan Freeman “, Alan, “ ’, ’ ”, Bert Sproston, “ I’m, ” Alan, Sproston, John Leonard, ’ Leonard, ” Leonard, Davis, Michael Berkowitz, ” Berkowitz, “ It’s, Adolf Hitler, Berkowitz, Hitler, Ralph Freeman’s, ” Freeman, Alan Freeman Leonard, Leonard, , , Bert, Janice, Sproston’s, Tottenham Organizations: CNN, England soccer, Tottenham Hotspur, Tottenham Hotspur Football Club, Topical Press Agency, Getty, Hulton, University College London, England, Nazi, Platz Frankfurt, United States Holocaust Memorial Museum Locations: Germany, England, Nazi Germany, Berlin, Britain, Europe, Austria, , London
CNN —Ukrainian President Volodymyr Zelensky has defended Joe Biden after being called “President Putin” by him, calling it “a mistake.”The US president accidentally referred to Zelensky as “President Putin” when introducing Zelensky at a NATO event on Thursday, before correcting the name moments later. While the US president – who faces mounting pressure over whether he is fit enough to serve another term in office – played down the gaffe at a high-stakes news conference later that day, the incident was scrutinized internationally. We can forget some mistakes, I think so,” he continued. The US is providing Ukraine with much-needed military support in its war against Russia. Weeks earlier, the United States and Ukraine signed a bilateral security pact, which commits the US for 10 years to continued training of Ukraine’s armed forces, as well as more weapons support and intelligence sharing.
Persons: Volodymyr Zelensky, Joe Biden, Putin ”, , shrugged, , Biden Organizations: CNN, NATO, Ireland’s Shannon, Russia, Biden Administration, Ukraine, Ukraine Security Assistance Initiative, Locations: Ukraine, United States, Kharkiv
Hugo Swart, formerly Qualcomm's head of XR, joined Google's AR group in April to lead ecosystem strategy and partner relationships. Related storiesMark Lucovsky, a senior director on Google's AR software, left last July, citing "changes in AR leadership and Google's unstable commitment and vision" to the product. "Doing anything first-party is a challenge relationship-wise," said a former Google AR team member. There is internal speculation that Samsung will be the first to also build glasses with Google's AR software, according to two employees familiar with the matter. Without a device of its own and with its AR software still in development, Google now finds itself on the back foot.
Persons: , Google, it's, Sergey Brin, Rick Osterloh, Ramin Talaie, Shahram Izadi, HoloLens, Hugo Swart, Swart, reshuffles, Jeffrey Margolis, Mark Lucovsky, Paul Greco, Barry, Betty, Harriet Google, Harriet, Said Bakadir, Iris, Apple, Kim Kulish, Meta, Anshel Sag Organizations: Service, Astra, Business, Google, Samsung, Tech, Getty, Android, Google's, Microsoft, Meta, XR, Qualcomm, Samsung Unpacked, Samsung Google, Vision, Lenovo, Moor Locations: hughlangley
Airbus launches cost cuts to 'save 2024' after output woes
  + stars: | 2024-07-12 | by ( ) www.cnbc.com   time to read: +1 min
An Airbus A350-1000 aircraft flies above a mosque during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport on November 14, 2023. PARIS, July 12 (Reuters) — Airbus has launched a program of cost cuts and a freeze on overall headcount to shore up performance at its core planemaking business in 2024 and beyond, weeks after being forced to cut targets for jet production, industry sources said. An Airbus spokesperson declined to comment on internal memos but confirmed the existence of a performance-improvement plan. In the memo, Scherer predicted that Boeing's ongoing corporate and industrial crisis would force Airbus' main rival to "radically change for the better," the sources said. He also drew attention to the steady rise of China as a competitor with strong state backing and a big domestic market.
Persons: Christian Scherer, Scherer Organizations: Airbus, Maktoum International Airport, Boeing Locations: Dubai, Al, Maktoum, PARIS, China
Now, a new study has found those who experience more gratitude also have a lower risk of dying. The researchers used data from the Nurses’ Health Study, which included nearly 50,000 women between ages 69 and 96 who completed a six-item gratitude questionnaire in 2016. The researchers controlled for factors such as psychological well-being, health issues and other demographics including social and religious participation. There’s no clear consensus on how often one should practice gratitude, Simon-Thomas said. Having more gratitude has also been linked to being more optimistic in general, and people who express higher levels of gratitude tend to look more for the good in life, Watkins added.
Persons: , Tyler VanderWeele, John L, Loeb, Frances Lehman Loeb, VanderWeele, “ It’s, ” VanderWeele, Philip Watkins, Watkins, Emiliana Simon, Thomas, , Simon, it’s, , ” Simon, ” Watkins Organizations: CNN, Nurses, Harvard, Chan, of Public Health, Human, Initiative, Health, Spirituality, Eastern Washington University, Greater Good Science, University of California, “ Research Locations: , Boston, United States, Berkeley
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDespite topping Wall Street's expectations, Citi CEO Jane Fraser kicked off Friday's quarterly earnings call by addressing the bank's failing attempts to fix regulatory issues. Two days prior, the bank was fined $135.6 million for not fixing its data quality management quickly enough. To address this, Citi plans to increase its annual spend on Transformation by about $250 million to $3.15 billion, according to chief financial officer Mark Mason. Citi is prioritizing data fixes that relate to 15 to 30 reports required by US regulators, he added.
Persons: , Jane Fraser, Fraser, We've, Mark Mason, Mason, we've Organizations: Service, Citi, Business, Federal Reserve Board, Currency, OCC
Across the world, wildlife crimes – including animal trafficking and poaching – are on the rise and are a major threat to the planet’s biodiversity. Often, he says, wildlife crimes happen in remote areas without witnesses and first responders can accidentally disrupt the scene and contaminate evidence. Once the crime scene has been investigated, the students are taught how to chemically analyze the evidence at an on-site laboratory. “We have so many poachers that have walked free in court because rangers didn’t collect enough evidence. In the first quarter of this year, IFAW reported 32 wildlife crime cases being presented in court and 24 people accused of wildlife crimes awaiting prosecution.
Persons: Greg Simpson, isn’t, , , Jo Munnik, Phil Snijman, ” Mkhabela, IFAW, Kevin Pretorius, Simpson Organizations: CNN, Initiative, Wildlife Forensics Academy, WFA, CSI, International Fund for Animal Welfare, Kenya Wildlife Service, Green Law Foundation, High Locations: Cape Town , South Africa, Africa, South Africa, KwaZulu, Natal, iMfolozi, Greater Kruger, , Malawi, Botswana
Turning the tide in the Black SeaSwedish Marines also operate the CB90-class fast assault craft. Following a six-month effort by Steel Front and Ukrainian steel giant Metinvest, the three vessels and crew training for Ukrainian forces cost more than $4.1 million. In total, Sweden has provided at least 13 CB90s to Ukraine's navy. The Netherlands donated nearly two dozen inflatable and armored boats, including three CB90s, to Ukraine in March. It wasn't immediately clear what type of vessels were sent, but Finnish media speculated them to operate similarly to the Swedish CB-90.
Persons: Danielle, Rinat Akhmetov, Oleksandr Vodoviz Organizations: Sea, Marines, Navy, Steel Front, Finnish Ministry of Defense, Swedish CB Locations: Ukraine, Crimea, Sweden, Netherlands, Swedish
Read previewSeveral NATO allies have agreed to a plan to develop new long-range missiles that are intended to fill capability gaps that have become increasingly noticeable as Russia wages its war in Ukraine. The new initiative among these NATO allies is focused on developing ground-launched cruise missiles with ranges is excess of 500 kilometers. In both cases, the shift toward improving long-range capabilities on European soil further signals NATO's understanding of critical gaps in its arsenal highlighted by the Ukraine war. Responding to US plans to deploy deep-strike capabilities in Germany, among other NATO actions, Kremlin spokesperson Dmitry Peskov said: "This is a very serious threat to the national security of our country." "All of this," he said, "will require us to take thoughtful, coordinated, effective responses to deter NATO, to counteract NATO."
Persons: , Sebastien Lecornu, Lecornu, Zachary Anderson, 🇫🇷🇩🇪 🇮🇹🇵🇱 pou, ike o ptions, sian, ike, ona Organizations: Service, NATO, Business, French, US Navy, Reuters, kr, rit Locations: Russia, Ukraine, Germany, France, Poland, Italy, Europe, guerre, à Washington
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In hopes of regaining compliance, CEO Jane Fraser bulked up a firm-wide initiative to overhaul the bank's technology. The head count for the so-called "Transformation" program has soared to 12,000 from some 3,000 since 2021, according to earnings reports. Citi's technology shortcomings are old news, according to Wells Fargo analyst Mike Mayo. Kathleen Martin, former interim data transformation chair, is suing the bank and Anand Selvakesari, the bank's chief operations officer who oversees Transformation.
Persons: , Jane Fraser bulked, Wells, Mike Mayo, Mayo, Fraser, We're, We've, Jane Fraser, SAUL LOEB, Janney Montgomery Scott, Timothy Coffey, Kathleen Martin, Anand Selvakesari, Martin, Selva, Hayley Cuccinello Organizations: Service, Citigroup, Citi, Business, Federal Reserve Board, Revlon, OCC, Citi —, Federal Reserve, Reuters Locations: Wells Fargo, United States, Selva, hcuccinello@businessinsider.com
Last fall, the IRS launched an initiative to collect from wealthy individuals who have not paid the taxes they owe. Prior to the Inflation Reduction Act, the IRS did not have the staffing or resources to pursue high-income earners that the agency knew owed taxes, IRS Commissioner Danny Werfel said on a call with reporters. Targeting wealthy tax cheatsThe IRS has launched a series of initiatives over the past two years to crack down on wealthy tax cheats. Some of the funding from the Inflation Reduction Act is being used to modernize taxpayer services. Battles over IRS fundingThe Inflation Reduction Act, which passed without any Republican votes, approved about $80 billion for the IRS over a 10-year period.
Persons: Biden, Danny Werfel, ” Werfel Organizations: Washington CNN, Internal Revenue Service, Democrat, Republicans, IRS
NATO summit was a unique one, analyst says
  + stars: | 2024-07-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNATO summit was a unique one, analyst saysLuka Ignac, assistant director of the Transatlantic Security Initiative at the Atlantic Council, discusses the NATO summit in Washington.
Persons: Luka Ignac Organizations: NATO, Transatlantic Security, Atlantic Council Locations: Washington
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Read previewRussia's war of attrition in Ukraine is coming at a huge cost in killed and injured troops, with a Ukrainian official claiming Russia suffered 5,000 casualties in battles for one neighborhood alone. Related storiesHavrylyuk pointed to massive Russian casualties he said its military was sustaining, claiming that 5,000 Russian troops were killed or injured in battles for control of a single district in the strategically vital town of Chasiv Yar in Donetsk, east Ukraine. AdvertisementThe hilltop town has been the scene of ferocious fighting in recent weeks, with Russian forces managing to seize control of a district last week. The ISW said that high casualties were part of Russian President Vladimir Putin's strategy to grind out a victory in Ukraine through a war of attrition.
Persons: , Ivan Havrylyuk, Havrylyuk, Putin, Vladimir Putin's Organizations: Service, Business, Russian, Institute for Locations: Ukraine, Russia, Ukrainian, Chasiv Yar, Donetsk, US, Kharikiv, Russian
CNN —NATO officials are discussing taking action to reclaim some Chinese-owned infrastructure projects in Europe should a wider conflict with Russia break out in the east of the continent, three officials involved in the discussions told CNN. A decade ago, when Europe was still crawling out of the economic crater caused by the global financial crisis, the promise of infrastructure funding from Chinese-owned investment firms seemed like a major windfall. The fear, according to one US official, is that Beijing could use the infrastructure it owns in Europe to provide material assistance to Russia if the conflict were to expand. The discussions reflect an increasing focus on China by the NATO alliance. A NATO official said that if a war erupted, the infrastructure “would almost certainly be nationalized, or nations would temporarily assume operating control, under emergency security measures.
Persons: Antony Blinken, Kishida, ” Blinken, Jens Stoltenberg, CNN’s Natasha Bertrand Organizations: CNN, NATO, Washington, Moscow, Beijing, Initiative, Helsinki Shipyard –, US, Ukraine, European Union Locations: Europe, Russia, Ukraine, Beijing, China, NATO, Eastern Europe, Baltic, Finland, Canada, Japan, East Asia, South Korea, Australia, New Zealand, France, Washington
Read previewNATO is moving forward with a new initiative that will see it take greater control over Western efforts to arm and train Ukraine's military. The move comes as the alliance aims to solidify the long-term support for Kyiv as it battles the Russian invasion. Growing concern about the potential change in US leadership has hung over the highly consequential NATO summit in Washington this week. Ukraine's President Volodymyr Zelenskyy and US President Joe Biden at the 2024 NATO summit. "There are 32 countries in the alliance," the NATO official who spoke on the condition of anonymity said Thursday.
Persons: , Donald Trump —, Donald Trump, NICHOLAS KAMM, Volodymyr Zelenskyy, Joe Biden, Susan Walsh, Trump, Ivo Daalder, Laurynas Organizations: Service, Kyiv, NATO, Ukraine —, Business, Wednesday, Assistance, Training, White, Getty, Ukraine Defense Contact, AP, Ukraine, Russian, Trump, Wall Street, Kiel Institute, Politico, Republican, Democratic Locations: Russian, Ukraine, Washington, Germany, Poland, Romania, Slovakia, Kyiv, Russia, Europe, NATO
The leader of a New York City suburb is recruiting 75 armed citizens, many of them former police officers, for a force of “special deputies” to be activated whenever he chooses. Nassau County Executive Bruce Blakeman, a Republican who has allied himself with former President Donald J. Trump and thrust himself into the culture wars, posted a call in March for residents with gun permits and an interest in becoming “provisional emergency special deputy sheriffs.”The posting called the initiative a strategy to assist in the “protection of human life and property during an emergency” such as a hurricane or blackout — and perhaps, Mr. Blakeman later added, “a riot.”The new force has drawn vocal opposition in this well-to-do Long Island county, which is one of the country’s safest, protected by one of the largest police departments. It has plunged Nassau into a national debate about authoritarianism in an election season that some see as a fork in the road for American democracy.
Persons: , Bruce Blakeman, Donald J, Trump, Blakeman Organizations: Republican Locations: New York City, Nassau County, Long, Nassau
Copenhagen will launch the CopenPay initiative to reward climate-conscious tourists. The monthlong trial offers incentives such as free museum entry for green deeds like cycling. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Danish capital is launching an initiative this month to reward climate-conscious visitors with incentives such as free meals, wine, kayaking tours, and complimentary entry to museums. Tourists and locals will be rewarded for their green deeds, such as arriving at a tourist attraction on a bike or picking up litter.
Persons: Organizations: Service, Business Locations: Copenhagen
A basic income program in rural Romania has helped children succeed — and even become Olympians. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementA basic income program in rural Romania has helped disadvantaged children build successful careers, overcome family problems and emotional challenges, and even become Olympic athletes. The initiative is an offshoot of universal basic income — the idea of giving cash to everyone in a society regardless of their wealth and with no strings attached, to provide a safety net and combat poverty.
Persons: Organizations: Service, Olympic, Business Locations: Romania
The brine contains lithium, a silvery white metal essential for making electric vehicle batteries and in high demand as the world shifts to green energy. Eramet is being closely watched by competitors from the U.S. to Chile that are also working to commercialize DLE. It aims to pump out its first ton of lithium carbonate in November and scale up to 24,000 metric tons a year by mid-2025. The technique allows Eramet to produce a ton of lithium carbonate in one week, versus a year with traditional methods. "You go step by step, making sure you can get to the next phase," said engineer Soledad Gamarra.
Persons: Eramet, Christel Bories, Joe Lowry, Soledad Gamarra, Mara Puntano, John Li, Tsingshan, Bories, Daina Beth Solomon, Salar Centenario, Ernest Scheyder, Lucila Sigal, Veronica Brown, Richard Chang Organizations: Reuters, Battery Metals, Initiative for, Mining Assurance, America, Thomson Locations: SALAR CENTENARIO, Argentina, Argentina's, U.S, Chile, Salta, Rio Tinto, South, Eramet's Centenario, Eramet's, Salt Lake City, U.S ., Utah, China, Asia, Salar, Houston
Many young conservatives also support student loan cancellation, with 49% of Gen Z and millennial Republicans surveyed saying some or all outstanding education debt should be erased. As president, Trump called for the elimination of the U.S. Department of Education's existing loan relief programs, including the popular Public Service Loan Forgiveness initiative. He also wanted to slash the department's budget, and his administration halted a regulation aimed at providing loan forgiveness to those defrauded by their schools. He has repeatedly attacked Biden's loan relief policies, and he said in a campaign video in late 2023 that he wants to close the Education Department altogether. For critics of broad student loan forgiveness, Biden's new plan looks a lot like his first.
Persons: Joe Biden's, Ryan Walker, Walker, Gen, Z, Trump, Biden's, Biden, Andrew Bailey, Bailey Organizations: Republican, Bloomberg, Getty, Biden, Heritage Action, America, U.S . Department, Public, Education Department, Supreme Locations: Kansas, Missouri, SocialSphere, U.S, . Missouri, Arkansas , Iowa , Kansas , Nebraska, South Carolina
Rwanda does not have to repay the hundreds of millions of pounds it received from Britain as part of a contentious policy aimed at sending migrants on a one-way flight to the Central African nation, two senior Rwandan government officials say. As part of the deal, Britain was set to give Rwanda as much as about half a billion pounds in development funding in exchange for taking in the migrants. Britain’s independent public spending watchdog said in early March that the country had already paid Rwanda £220 million, about $280 million, even though no asylum seekers had been deported to the African nation. Britain’s new prime minister, Keir Starmer, scrapped the plan after taking over as the country’s leader last week. One of the Rwandan officials, Alain Mukuralinda, the government’s deputy spokesman, said on Wednesday that the agreement did not include a reimbursement clause.
Persons: Keir Starmer, Britain’s, Alain Mukuralinda Organizations: Central, Rwandan, Conservative Party, Channel Locations: Rwanda, Britain, Central African
In a busy port city along Pakistan’s southwestern coast, a newly built security barrier and hundreds of new checkpoints safeguard Chinese workers. Across Pakistan, authorities are hurrying to bolster security for Chinese workers after a surge in militant violence targeting Chinese-funded megaprojects. That investment in Pakistan, which began in 2015 as part of China’s Belt and Road Initiative, involves around $60 billion of planned projects. Tens of thousands of Chinese workers are thought to be in Pakistan, though estimates vary widely. Chinese investment has proved critical since support from the United States tapered off after the war in neighboring Afghanistan ended in 2021.
Organizations: Initiative Locations: Pakistan’s, Karachi, Islamabad, Pakistan, United States, Afghanistan
Japan and Philippines' defense pact signed on Monday seeks to counter China's increasing aggression in the region and create deterrence that goes beyond reliance on the U.S., experts told CNBC. The RAA marks Japan's second such agreement with a country in the Asia-Pacific region, following similar agreements with Australia in 2022. The treaty must be ratified by the appropriate legislative bodies of the Philippines and Japan before coming into force. Kamikawa called the signing of the RAA "a great achievement" for the two countries to further strengthen security and defense cooperation. "Both countries have maritime territorial disputes with China, and they are facing increasingly assertive and aggressive Chinese naval forces," Yaacob added.
Persons: Fumio Kishida, Ferdinand Marcos Jr, Thomas Shoal, Gilberto Teodoro, Yoko Kamikawa, Ferdinand Romualdez Marcos Jr, Teodoro, Rahman Yaacob, Kamikawa, Yaacob Organizations: Japan's, ASEAN, Japan, CNBC, Philippine Defence, Japan's Official Security, Southeast Asia, Lowy Institute Locations: Philippines, Tokyo, Japan, China, South China, Manila, Philippine, Asia, Pacific, Australia
Business Insider has learned that those annotators focus their efforts on two high-profile categories of drivers: Tesla CEO Elon Musk and a select set of "VIP" drivers. These drivers are internally referred to as "VIP" users and their data is at times put in VIP queues, according to the workers. Related storiesData collected from VIP users, including high-profile Tesla drivers who post on YouTube, is scrutinized more heavily and more likely to be labeled, three current and former workers said. They said they'd been specifically told by leads on their teams that they were working on "VIP data" and had received overtime pay to work on the data ahead of FSD updates. Tesla's self-driving in the regulatory spotlightTesla has come under increasing scrutiny from regulators over the self-driving software and the company's marketing of the service.
Persons: , Elon Musk, Musk's Teslas, YouTubers, Musk, Tesla, Tesla's, John Bernal, Bernal, else's, annotators, Walter Isaacson's, Tesla influencers, FSD, they'd, Raj Balwani, Chuck Cook, Tesla Raj, Balwani, I've, Cook, he'd, they're, Missy Cummings, Cummings, Philip Koopman, Koopman Organizations: Service, Business, Tesla, SpaceX, Twitter, California Department of Transportation, YouTube, National, Traffic Safety Administration, Carnegie Mellon University, US Justice Department Locations: Hillsborough , California, Tesla's Austin, Fremont , California, Hawthorne , California, California, San Francisco, Buffalo , New York, Los Angeles, Hawthorne, YouTubers, Lombard
Nike's "performance" segment, meanwhile, includes many of its core sports products, such as basketball shoes. AdvertisementWhile revenue from performance products grew in Q4, declines in its lifestyle business overshadowed them, contributing to the worse-than-expected results. In its last fiscal year, lifestyle products have grown to about 60% of Nike's business, UBS analyst Jay Sole estimates. "One of our big takeaways from Nike's 4Q report is its lifestyle business needs a major reset," Sole said. That could help drive performance sales — especially those through Nike's digital business, a major pain point at the moment for the company.
Persons: , Tom Peddie, Peddie, hasn't, Matthew Friend, Friend, John Donahue, Phil Knight, Donahue, Jay Sole, Jefferies, Randal Konik, Simeon Siegel, we're Organizations: Service, Business, Nike, Bloomberg, Reuters, UBS, Nike's, Street, BMO Locations: China, Portland, Nike's
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