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☆ LVMH CEO Bernard Arnault's family office goes shopping for AI startups
▼ + stars: | 2024-08-19 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The $220 million round in May, which also included Aglaé, valued H at $370 million, according to the company. While the amounts of Aglaé's investments aren't disclosed, the funding rounds for the AI firms totaled more than $300 million, according to Fintrx. Aglaé also invested in a $25 million seed round for Lamini, a Palo Alto, California-based startup building enterprise AI applications. Aglaé joined Susquehanna to invest in the $27 million seed round for Toronto-based Borderless AI, a human resource management platform. Arnault and his family are, however, big art collectors, and Aglaé was an investor in a $9.5 million funding round for LaCollection, a digital art platform.

Persons: Google's, Wendy, Eric Schmidt, Aglaé, Arnault, Robert Frank Organizations: Accel Partners, Google, CNBC, Fintrx, Aglaé Ventures, Susquehanna, Toronto, Music Media, Back, Netflix, Spotify Locations: Palo Alto , California, New York, Photoroom, France, Paris, Sonarverse, Irvine , California, San Francisco, French, LVMH, Airbnb

☆ Palo Alto Networks finally gets back on track — delivering strong earnings and a promising outlook
▼ + stars: | 2024-08-19 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

After two rough quarters, Palo Alto Networks on Monday evening delivered the type of earnings report we expect from one of the best cybersecurity companies in the world. PANW YTD mountain Palo Alto Networks YTD The issue with billings in recent quarters has been that the high cost of money has resulted in increased negotiations on terms and financing options. Palo Alto Networks Why we own it: We believe cybersecurity is a secular growth market as bad actors are relentless and companies simply cannot afford to not invest in defense. Palo Alto Networks headquarters in Santa Clara, California, US, on Monday, Aug. 14, 2023. Palo Alto Networks Inc. is scheduled to release earnings figures on August 18.

Persons: management's, billings, Dipak Golechha, Nikesh Arora, Arora, Palo, we're, platformization, I've, Jim Cramer, Jim Cramer's, Jim, David Paul Morris Organizations: Palo Alto Networks, Revenue, LSEG, Total billings, U.S, Networks, billings, Palo Alto, Alto Networks, Cisco Systems, Palo, CNBC, Bloomberg, Getty Locations: Palo, billings, XDR, Palo Alto, Santa Clara , California

☆ Investor Carl Icahn charged with hiding billions in loans
▼ + stars: | 2024-08-19 | by ( Lucy Bayly | Reuters | ) edition.cnn.com time to read: +2 min

New York CNN —Billionaire investor Carl Icahn and his firm Icahn Enterprises have settled charges for failing to disclose pledges of the company’s securities as collateral for billions of dollars in personal loans, US regulators said Monday. The investigation came after a report from short-seller Hindenburg Research sent shares in Icahn’s investment firm spiraling last year. Hindenburg wrote that “Icahn has been using money taken in from new investors to pay out dividends to old investors. The Securities and Exchange Commission said Icahn, who partially inspired Wall Street villain Gordon Gekko in the 1987 film “Wall Street,” pledged up to 82% of shares in his companies to secure billions of dollars of margin loans — but failed to disclose those details. “Hindenburg’s modus operandi, which is to publish scurrilous and unsupported allegations, did damage to IEP and its investors,” Icahn said Monday.

Persons: Carl Icahn, Hindenburg, “ Icahn, ”, Icahn, Gordon Gekko, Osman Nawaz, ” Icahn, “ Organizations: New, New York CNN, Icahn Enterprises, Hindenburg Research, Forbes, The Securities, Exchange Commission, SEC, Division’s, Unit Locations: New York, Beach , Florida

Businessman Eric Hovde won the Wisconsin Republican primary for Senate, NBC News projects, setting up a critical battleground state race against Democratic Sen. Tammy Baldwin. Baldwin’s seat is a top priority for both parties in the battle for control of the closely divided Senate. Baldwin has also fared better than the top of the Democratic ticket in some recent Wisconsin polling. An independently wealthy businessman, Hovde, who ran unsuccessfully for Senate in 2012, has already loaned his campaign $13 million. With Hovde long viewed as the favorite to win the GOP nomination, the two candidates have already been trading barbs.

Persons: Eric Hovde, Democratic Sen, Tammy Baldwin, Hovde, Donald Trump, Baldwin, Joe Biden, “, Eric Hub, ”, Tony Evers ’, Ilhan Omar, Don Samuels, Michelle Fischbach, Fischbach, Steve Boyd, Angie Craig, Joe Teirab, Teirab, Craig, Jahana Hayes, Sen, George Logan, Hayes, Logan, Biden, Chris Murphy, Matthew Corey, Phil Scott, Bernie Sanders, Sanders, Gerald Malloy, Esther Charlestin, Scott Organizations: Wisconsin Republican, Senate, NBC News, Democratic, Republicans, White, GOP, Democratic Gov, Associated Press, Minneapolis City, Hamas, Trump, District, Marine, Republican, AP, Republican Gov, Middlebury Selectboard Locations: Wisconsin, Minnesota , Connecticut, Vermont, Minnesota, Washington, Connecticut's, Connecticut

Rep. Ilhan Omar, D-Minn., fended off several primary challengers Tuesday, NBC News projects, a victory for progressives after two of her fellow members of the “squad” suffered defeats this summer. Omar defeated former Minneapolis City Council member Don Samuels, who lost to her by just 2 percentage points in the 2022 primary, and two other challengers in Minnesota’s 5th District. Unlike other progressives who have sharply criticized Israel, Omar did not face an onslaught of attack ads from outside groups. At the same point in the 2022 primary, her campaign had spent just $71,000. Samuels’ campaign, meanwhile, spent $1.2 million on this year’s race.

Persons: Ilhan Omar, ”, Omar, Don Samuels, Jamaal Bowman, Cori Bush, Missouri —, Bush, Bowman, Samuels, Samuels ’, Joe Biden’s, “, ” Samuels, ” “ Omar, Biden’s, Biden Organizations: NBC News, Minneapolis City Council, Democratic Party’s, United Democracy, American Israel Public Affairs Committee, Israel, EV, Daily Locations: Minnesota’s 5th, New York, Missouri, Israel, Minnesota, Minneapolis

☆ Netanyahu added conditions that complicated Gaza negotiations, officials say
▼ + stars: | 2024-08-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Abigail-Williams-Circle-Byline-Template.Jpg | Abigail Williams | ) www.nbcnews.com time to read: +5 min

Israeli Prime Minister Benjamin Netanyahu introduced new conditions that complicated negotiations aimed at freeing hostages and suspending fighting in the Gaza Strip in May, according to U.S. and foreign officials. The cease-fire talks, with Israel represented by the head of its intelligence service and other officials, had advanced close to an agreement. The war in Gaza between Israel and Hamas was sparked by Hamas’ terrorist attack in Israel on Oct. 7, which killed 1,200 people, most of them civilians. About 40,000 Palestinians have died in Gaza since Israel launched its retaliatory military operation in the enclave, according to local health officials. In a statement Sunday, Hamas said Israel had added new conditions to an earlier proposal that revealed its intention to continue its “aggression” in Gaza and sabotage a possible cease-fire agreement.

Persons: Benjamin Netanyahu, Netanyahu, “ Netanyahu, Israel, ”, Iran’s, Ismail Haniyeh, Fazil Abd Erahim, “ It’s, there’s, Haniyeh Organizations: The New York Times, NBC News, Sky News, State Department, Anadolu Agency, Getty, Israel Defense Forces, Biden Locations: Gaza, Israel, U.S, Qatar, Egypt, Jerusalem, Lebanon, British, Tehran, Algiers, Algeria, Iran

☆ Buy these stocks with solid earnings power during the volatility, Wolfe Research says
▼ + stars: | 2024-08-14 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Second quarter earnings season has delivered robust profits despite the recessionary concerns that have roiled the market in recent days. Now, Wolfe Research recommends a handful of stocks that are positioned to outperform in the back half of the year. Here are some of the stocks that made the Wolfe Research screen: Apple was the only "Magnificent Seven" stock that made Wolfe's screen. Zoetis also appeared on the Wolfe screen. Duke Energy , which also reported quarterly results that beat expectations last week, also made Wolfe's screen.

Persons: Chris Senyek, Wolfe, Apple, Luca Maestri, Kellanova, FactSet, Mars, Snickers –, CNBC's David Faber, Hershey, althought, Zoetis Organizations: Wolfe Research, Apple, LSEG, Pfizer Animal Health, Duke Energy Locations: Chicago, New Jersey, North Carolina

☆ Ukraine keeps gaining ground in its push into Russia, with 74 settlements under its control, commander says
▼ + stars: | 2024-08-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Read previewUkraine has continued its push into Russia's Kursk region with 74 settlements under its control, according to its commander-in-chief. Syrskyi said his forces controlled 74 settlements in Russia's Kursk region as of Tuesday. Syrskyi also said that on Tuesday alone Ukrainian forces advanced another 1.3 miles and took control of more than 15 square miles of additional Russian territory, Ukrainian outlet The Kyiv Independent reported. It wasn't certain exactly how the Ukrainian side was defining the 74 settlements it claimed to control. AdvertisementMedics provide assistance in a vehicle in Russia's Kursk region on Sunday.

Persons: —, Oleksandr Syrskyi, Volodymyr Zelenskyy, Syrskyi, ISW, Zelensky, Anatoliy Zhdanov, John Kirby, Vladimir Putin Organizations: Service, Ukrainian, Business, Independent, REUTERS, France's AFP, Institute for, Sunday, Kommersant, BBC Locations: Ukraine, Russia's Kursk, Ukrainian, Russian, Sumy region, Russia, Kursk

☆ Real Estate Status Symbol: New Home From Your Favorite Luxury Brand
▼ + stars: | 2024-08-14 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

This spring, the company unveiled plans for Pagani Residences, a 70-unit condo development in Miami's North Bay Village. Beyond automakers, there's a growing list of luxury brands hoping to use real estate to turn their cultural cachet into cold, hard cash. New York's five-star Sherry-Netherland Hotel began welcoming long-term residents almost a century ago, and since then roughly 700 branded residences have graced skylines around the world. But when it comes to branded residences, there are real selling points for buyers. The Elle project may seem out of left field, but Itani told me he's talking with another publication interested in making similar inroads.

Persons: carmaker Pagani, Pagani, Carlo Dipasquale, Aston Martin, Carbone, Gabbana, Elle, Sherry, we've, that's, Itani, Drake, Giorgio Armani, aren't, Brand, They're, they're, Laura Steinbruckner, Ferrari, Rob Sykes, WATG, hadn't, Cipriani, they've Organizations: Pagani Residences, Mercedes, Benz, Porsche, Bentley, Global, Condo, Brands, Carlton, Nobu, Peruvian, Armani Casa, South Florida —, Villa Miami, Major Food Group, Gabbana, Hilton, Fiat, Apple Locations: Bay, South Florida, Miami, Miami Beach, Dubai, London, New York, Netherland, Spain, Toronto, homebuilding, Plenty, Villa

☆ Chinese tech giant Tencent's quarterly profit jumps 82% as key gaming unit accelerates
▼ + stars: | 2024-08-14 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Here's how Tencent did in the June quarter against LSEG consensus estimates:Revenue: 161.12 billion Chinese yuan ($22.5 billion) versus 160.77 billion yuan expected. 161.12 billion Chinese yuan ($22.5 billion) versus 160.77 billion yuan expected. Profit attributable to equity holders of the company: 47.63 billion Chinese yuan versus 39.95 billion yuan expected. Tencent said its China games business brought in revenue of 34.6 billion yuan in the second quarter, a 9% year-on-year rise. International games revenue also rose 9% versus the year ago period to 13.9 billion yuan.

Persons: Tencent, of Organizations: Artificial Intelligence, Revenue, Investors, Fighter Mobile, South, Tencent, Mobile, DnF Locations: Shanghai, That's, China, Valorant

☆ North Carolina inmate guilty of 1-year-old's murder escapes during medical appointment
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

Officials in North Carolina are searching for an inmate convicted of killing a 1-year-old girl after he escaped while being taken to a medical facility Tuesday in Hillsborough, North Carolina. Alston was convicted of first-degree murder in 2018 and sentenced to life behind bars, according to the North Carolina Department of Adult Correction. The department said in a statement that Alston arrived about 7 a.m. Tuesday in a prison transport van to the University of North Carolina Medical Center's gastroenterology unit, where he had a medical appointment. Keith Acree, communications director for the Department of Adult Correction, told NBC affiliate WRAL of Raleigh that Alston was wearing a waist chain and handcuffs when he fled. Authorities established a perimeter covering at least a one-mile radius around the location of the escape, the Department of Adult Correction said.

Persons: Ramone Alston, Maleah Williams, Alston, Keith Acree, Acree, WRAL Organizations: North Carolina Department of Adult, Bertie Correctional, University of North Carolina Medical Center's gastroenterology, Department, Adult, NBC, Sheriff's Office, Authorities Locations: North Carolina, Hillsborough , North Carolina, Chapel Hill, Windsor, Raleigh, The Orange, Hillsborough

Olivia Ott / NBC NewsHow we tested Windmill and July’s air conditionersTwo of my colleagues and I tested Windmill and July’s ACs for at least five weeks in our New York City apartments. July sent me its small 6K BTU air conditioner, which I put in my bedroom. My LG air conditioner was so loud that I felt like I couldn’t hear myself think. JulyEven after over a month, I’m still shocked when I walk into my bedroom and barely notice my air conditioner. For this article, I tested July’s air conditioner for over a month, and two members of NBC Select’s staff tested Windmill’s air conditioner for over a month.

Persons: you’ll, Zoe Malin, Nikki Brown, Olivia Ott, Bianca Alvarez, you’re, I’ve, ”, Brown, Alvarez, I’d, she’s, “, it’s, Windmill’s, I’m, Both Alvarez, hasn’t, —, TikTok Organizations: NASA, NBC, British, Units, National Council, Aging, Alexa, July’s, ACs, Windmill, AC, July’s AC, LG, Amazon Alexa, decibel, Facebook, Twitter Locations: New York City, BTUs, Taskrabbit, NYC, France

When 36-year-old Nelson Cheney was little, he began eating spicy peppers and sauces to impress his dad. Cheney, known by his social media handle “@craving_capsaicin” — a nod to the chemical compound that gives chili peppers their heat — got hooked on the adrenaline rush he feels when he eats extremely spicy foods. Both sour and spicy foods generate painful responses, though they activate different nerves in the body. “I’ve got so many people that went from not even eating hot stuff to having a tolerance and now eating spicy food daily. Children and teens tend to be most susceptible to social media challenges, which is why Trucco said parents should pay attention, too.

Persons: Nelson Cheney, Cheney, ” Cheney, “, he’s, ”, Elisa Trucco, Robert Pellegrino, ” Pellegrino, Paul Rozin, That’s, ” Rozin, it’s, Trucco, “ I’ve, ’ cravings, Edwin McDonald, ” McDonald, Chantel Strachan, Strachan, ” Trucco Organizations: Research, Adolescent, Child Health, Florida International University, Senses Center, University of Pennsylvania, University of Chicago Medical Center, Columbia University’s Vagelos, of Physicians and Surgeons Locations: TikTok, Philadelphia, Massachusetts

Tuesday’s primaries will also determine the matchups for some notable House seats, with Republicans looking to defend their slim majority. While Steil is expected to face Democratic former Rep. Peter Barca, multiple Democrats are competing to take on Van Orden. The top fundraisers in the Democratic primary include nonprofit leader Rebecca Cooke, state Rep. Katrina Shankland and activist Eric Wilson. Teirab is the top candidate in the Republican primary after his chief rival dropped out last month. Democratic Rep. Ilhan Omar is looking to faces multiple opponents in the deep-blue 5th District, which includes Minneapolis.

Persons: Eric Hovde, Donald Trump’s, Democratic Sen, Tammy Baldwin, Amy Klobuchar, Connecticut’s Chris Murphy, Vermont’s Bernie Sanders —, Klobuchar, Royce White, Derrick Van Orden, Bryan Steil, Steil, Peter Barca, Van Orden, Rebecca Cooke, Katrina Shankland, Eric Wilson, Democrats — Minnesota’s Angie Craig, Connecticut’s Jahana Hayes —, Hayes, Sen, George Logan, Trump, Joe Teirab, Craig, Ilhan Omar, Don Samuels, Omar, outspent Samuels, Samuels, Jamaal Bowman, Cori Bush, Michelle Fischbach, Fischbach, Steve Boyd, “, ”, Mike Gallagher’s, — Gallagher, Tony Wied, André Jacque, Roger Roth, Kristin Lyerly, Will, Evers, Tony Evers Organizations: Senate, Republican, Democratic, Republicans, NBA, GOP, Rep, Van, Democrats, Marine, Tuesday, Minneapolis City Council, United Democratic, American Israel Public Affairs Committee, Israel, Trump, America Leads Inc, Wisconsin’s, Republican Rep, Green Bay Packers, OB Locations: Wisconsin , Minnesota , Connecticut, Vermont, Wisconsin, Minnesota, Connecticut’s, Minnesota’s, Teirab, Minneapolis, New York, Missouri, Washington, District, Will Wisconsin

☆ Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.
▼ + stars: | 2024-08-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Read previewThe latest figures from Warren Buffett's Berkshire Hathaway suggest consumers are faring better than they were just a year or two ago. Thomson ReutersHomeServicesReal estate brokerage revenues were almost flat and after-tax earnings rose 21%. New home unit sales rose 11% after dropping 20%, but pre-tax earnings fell 10%, similar to their 12% decline last year. But pre-tax earnings jumped 10% due to higher margins and lower operating expenses that offset the lower sales. AdvertisementRetailThe odd one out was the retailing subdivision, where revenues fell 4.5% and pre-tax earnings fell 23%.

Persons: —, Warren Buffett's Berkshire Hathaway, Here's, Thomson, Warren Buffett, Clayton, Rick Wilking, Berkshire, They've, There's Organizations: Service, Business, Thomson Reuters, Clayton Homes, Reuters McLane, Berkhire Hathaway Locations: Warren Buffett's, Berkshire, Renton , Washington, Omaha , Nebraska

☆ Walz Forcefully Defends Military Record in First Solo Campaign Stop
▼ + stars: | 2024-08-13 | by ( Kellen Browning | ) www.nytimes.com time to read: +1 min

Tim Walz of Minnesota defended himself against Republican attacks on his military service record on Tuesday in his first solo campaign event since being named Vice President Kamala Harris’s running mate. “I am damn proud of my service to this country,” Mr. Walz said. “And I firmly believe you should never denigrate another person’s service record.”Mr. Walz retired from the National Guard in 2005 after 24 years, a year before his artillery battalion deployed to Iraq. At the time of his retirement, soldiers knew a deployment was possible, but the actual orders came months after Mr. Walz, then 41, had already left to run for a seat in the House of Representatives. On Tuesday, he framed that decision as another act of service.

Persons: Tim Walz, Minnesota, Kamala Harris’s, Walz, Donald J, “, Mr, . Walz Organizations: Republican, American Federation of State, Municipal Employees, Army National Guard, National Guard Locations: American Federation of State , County, Los Angeles, Iraq

☆ Podcast: Japan's quest for the most powerful microchip leads semiconductor revival
▼ + stars: | 2024-08-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +25 min

At the end of [the] 1980s, Japanese companies accounted for like 51% of the global semiconductor market. So by doing this ... one thing undercut Japanese semiconductor chip makers' competitiveness in the global market. Another thing [is] that [it] forced open [the] Japanese semiconductor market to foreign players, and this creates opportunity for the U.S., South Korea and Taiwan. And Japanese companies are trying to both develop their own capacity but also attract phone companies to establish fabs there. So by collaborating with international companies, Japanese companies can leverage their existing technology and manufacturing techniques to expand their global share as well.

Persons: Tom Chitty, Fei Xue, Tom Chitty Well, Arjun, Kharpal Fei, Reagan, Arjun Kharpal, Fei, it's, TSMC, Fei Xue Yes, Rapidus, Arjun Kharpal Fei, they're, there's, ASML, you've, He'd, Tom Chitty Fei, Arjun Arjun Kharpal, Tom, Tom Chitty We'll Organizations: TSMC, Rapidus Corporation, Samsung, Economist Intelligence Unit, Economist Intelligence, The Economist, Economist, East, International Relations, U.S, U.S ., Taiwan Semiconductor Manufacturing, IBM, Apple, EV, Japan, Nvidia, Micron, Sony, Nintendo, Canon, South, Samsung Electronics, Tokyo, Screen Holdings Locations: Japan, Taiwan, U.S, Netherlands, Tokyo, beyondthevalley@cnbc.com, East Asia, Fei Xue Japan, South Korea, Japan's, Kyushu, Kumamoto Prefecture, TSMC, That's, China, Kumamoto

☆ The US naval presence around the Middle East is getting a firepower boost. Here are the warships already there and what's on the way.
▼ + stars: | 2024-08-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Facing this possibility, the Pentagon has deployed a number of military assets to the Middle East this month to defend Israel and US troops in the region. When these forces arrive on station, they will join a wide range of existing naval capabilities in the Middle East and Eastern Mediterranean that were already deployed in response to various conflicts and crises. AdvertisementAdditionally, two destroyers — USS Bulkeley and USS Roosevelt — have been in the area for several weeks. Warships in transitA MH-60S Sea Hawk helicopter flies next to the aircraft carrier USS Abraham Lincoln on August 2. The coming Lincoln strike group consists of the aircraft carrier USS Abraham Lincoln and the destroyers USS Spruance, USS Stockdale, USS Frank E. Petersen, and USS O'Kane.

Persons: —, Israel —, Defense Lloyd Austin, Sydney Milligan, Bulkeley, Roosevelt —, Laboon, Cole, Aden —, Theodore Roosevelt, Theodore Roosevelt Carrier, Dwight D, Michael Murphy, John S, McCain, Daniel Inouye, Russell —, Abraham Lincoln, Daniel Kimmelman, Roosevelt, USS Stockdale, Frank E, Petersen, USS O'Kane, Austin, Pat Ryder Organizations: Service, US Navy, Business, Pentagon, Defense, Sydney, Ready Group, US European Command, 24th Marine Expeditionary Unit, US Central Command, Oman Sailors, Hornet, Theodore Roosevelt Carrier Strike Group, Eisenhower Carrier Strike, Warships, Communication, US, Abraham Lincoln Carrier Strike Group, Lincoln, Pentagon Press, Air Force Locations: Israel, Iran, Tehran, East, American, Gibraltar, Lebanon, New York, Souda, Crete, Yemen, Red, Gulf, Aden, Oman, CENTCOM, Gulf of Oman, Beirut, Philippine, Georgia, The Ohio

☆ Stocks making the biggest moves after hours: Alphabet, Flutter, Nu Holdings and more
▼ + stars: | 2024-08-13 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Flutter Entertainment — Shares of the gaming company surged more than 10% after a stronger-than-expected report for the second quarter. The parent company of Fanduel reported $3.61 billion in revenue, topping the $3.40 billion expected by analysts, according to LSEG. Nu Holdings — Shares of the Brazil-based financial firm climbed about 4% after a stronger-than-expected second quarter. Ibotta — The tech stock fell almost 9% after a wider-than-expected loss for the second quarter. Ibotta reported a loss of $1.32 per share, compared with an estimated loss of 85 cents per share, according to LSEG.

Persons: Draftkings, Mercury, Ibotta Organizations: Bloomberg News, Justice Department, Nu Holdings, . Mercury Systems Locations: U.S, Illinois, Brazil

☆ Cairns, Australia: Helicopter pilot in fatal DoubleTree hotel crash was ground crew who’d attended a party the night before
▼ + stars: | 2024-08-13 | by ( Hilary Whiteman | Jessie Yeung | ) edition.cnn.com time to read: +3 min

Police tape near the DoubleTree by Hilton hotel after a helicopter crashed into its roof, in Cairns, on August 12, 2024. It disappeared from her sight for a few minutes, and she started walking home before spotting the helicopter flying back. She said the helicopter had passed over trees and another taller building before hitting the roof of the hotel. In a statement to CNN, DoubleTree by Hilton Cairns said all of its guests – 421 adults and 50 children, plus two staff – were safely evacuated. The bureau asked witnesses with any photos or videos of the helicopter to contact authorities through its website.

Persons: Veronica Knight, Shane Holmes, Angus Mitchell, “, ”, Knight, Hilton Cairns, – Organizations: Australia CNN, Nautilus Aviation, Hilton Hotel, Flames, Police, Hilton, Queensland Police, Australian Transport Safety Bureau, Cairns Airport, ”, CNN, DoubleTree Locations: Brisbane, Australia, Cairns , Australia, Cairns, Queensland, Sydney

Long Covid continues to evade a clear diagnostic test, researchers reported in a study published Monday in the Annals of Internal Medicine. They found no differences between those with long Covid and those without the condition. Different symptoms were assigned different scores, and a long Covid diagnosis was met if the score reached a level of 12. There was no time cutoff for symptoms and a positive Covid test was not required for diagnosis. Dr. Nisha Viswanathan, the director of the long Covid clinic at UCLA Health, was not surprised with the results based on her experience working with long Covid patients for three years.

Persons: Long Covid, Kristine Erlandson, “, we’ve, ” Erlandson, Marc Sala, ” Sala, —, Nisha Viswanathan, ” Viswanathan Organizations: Internal Medicine, National Institute of Health’s, University of Colorado Anschutz Medical, Johns Hopkins University School of Medicine, Northwestern Medicine, UCLA Health, Yale School of Medicine

☆ Mother arrested in cold case death of newborn girl found in California dumpster 37 years ago
▼ + stars: | 2024-08-12 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The mother of a newborn baby discovered dead in a dumpster in California nearly 40 years ago has been arrested, accused of murder after she was identified using DNA technology. The newborn baby girl was found by a man rummaging for recyclables in a dumpster behind a business in the 5400 block of La Sierra Avenue in Riverside on Oct. 13, 1987, Riverside Police said. The department was aided by Season of Justice, a nonprofit that provides financial aid for investigative agencies and families to solve cold cases using DNA analysis and forensic genealogy. Avila, who was 19 at the time of the child’s death, was located across the country in Shelby, North Carolina. “Thanks to the persistent efforts of our investigators and partners, this victim now has an identity, bringing resolution to the case,” Riverside Police Chief Larry Gonzalez said in a statement.

Persons: Othram, Othman, Melissa Jean Allen Avila, Avila, Larry D, She's, Larry Gonzalez Organizations: recyclables, Riverside Police, Case Unit, Smith Correctional, NBC News, Authorities, ” Riverside Police Locations: California, Sierra, Riverside, Texas, Shelby , North Carolina, Riverside County

The U.S. is sending a guided missile submarine to the Middle East and speeding the arrival of an aircraft carrier strike group, as Israel braces for retaliatory attacks from Iran and its proxies after the assassination of senior members of Hamas and Hezbollah. He further ordered the USS Abraham Lincoln Carrier Strike Group, which is equipped with F-35C fighter jets, to accelerate its ongoing transit to the area. The guided-missile submarine USS Georgia at sea in 2020. Both Iran and Hamas blamed Israel for the killing, and while Israel has remained quiet on the matter it is widely believed to have carried out the assassination. Iranians hold portraits of Hamas leader Ismail Haniyeh during his funeral procession, in Tehran, on August 1, 2024.

Persons: Lloyd Austin, Abraham Lincoln, Austin, Washington's, Yoav Gallant, Gallant, Ismail Haniyeh, Masoud Pezeshkian, Israel, Iran’s, Ayatollah Ali Khamenei, Yahya Sinwar, Fuad Shukr Organizations: Pentagon, Sunday, USS, Abraham Lincoln Carrier Strike, U.S . Navy, country's Revolutionary Guard, AFP, Getty, Hamas, Israel Defense Forces, NBC Locations: Israel, Iran, USS Georgia, Georgia, Tehran, Lebanese, Beirut, U.S, Gaza, Gaza City

☆ ‘Unauthorized’ helicopter crashes into hotel’s roof, killing pilot
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

SYDNEY — A helicopter on an “unauthorized” flight crashed into the roof of a hotel in Australia’s northern tourist town of Cairns on Monday, killing the pilot and forcing the evacuation of hundreds of guests, authorities said. Emergency crews were called at about 2 a.m. (12 p.m. Sunday ET) after the twin-engine helicopter hit the hotel roof, causing a fire and triggering the evacuations, Queensland state police said in a statement. Police said the helicopter had been taken from its hangar for an “unauthorized flight,” but did not elaborate. The pilot, who has yet to be identified, was declared dead at the scene. Helicopter owner Nautilus Aviation said it was cooperating with the police investigation.

Organizations: SYDNEY, Police, ABC, Helicopter, Nautilus Aviation Locations: Cairns, Queensland, Hilton’s

☆ We're adding to a tech stock we've been watching since a post-earnings stock decline
▼ + stars: | 2024-08-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 750 shares of Amazon, increasing its weighting to roughly 3.9% from 3.54%. We've been eyeing this buy since Aug. 2 after the stock fell roughly 10% in reaction to a second - quarter earnings report . Let's not forget the 1,128 basis point margin growth at Amazon Web Services. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, We've, Donald Trump, Jim Cramer, Morgan Stanley, Jim Organizations: Amazon, Services, Amazon Web Services, CNBC Locations: North America

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