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☆ People love hanging out with friends who they think make less than them
▼ + stars: | 2024-03-04 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

People who believe they have a higher income than their peers are more likely to socialize. AdvertisementPeople who think they have a higher income than their peers are more likely to socialize with them, contributing to greater happiness, new research found. A February NBER working paper found that those with higher perceived relative income increased their time spent with peers. Despite some uncertainty, some evidence suggests those with a higher relative income become more engaged in sports and community events. Changes in spending following from changes in perceived relative income could also drive changes in happiness."

Persons: —, Bernardo Candia Gonzalez, causally, they're Organizations: Service Locations: Netherlands

☆ Inside Smashmallow, Silicon Valley's Failed Marshmallow Startup
▼ + stars: | 2024-03-03 | by ( Adam Rogers | ) www.businessinsider.com time to read: +20 min

"We wanted a marshmallow to have a little bite to it, not just be a foamy air," he says. Jon Sebastiani, Smashmallow founderSmashmallow had a killer brand — but the product was still basically being made one batch at a time, on kitchen counters. If Smashmallow couldn't produce enough marshmallows, Tanis wouldn't get its dough. The thing is, even though Smashmallow failed, Sebastiani didn't. "In that industry, a snackable marshmallow is a Smashmallow, like a copy machine is a Xerox," says Kwasniewski.

Persons: Jon Sebastiani, Sebastiani, Krave, jonesing, marshmallows, Liam Eisenberg, aerated, Cook, Jens Hoj, Hoj, Smashmallow, he'd, It's, Theranos, wasn't, Elizabeth Holmes, Tanis, Wolfgang Confectioners, Smashmallow Smashmallow, Wolfgang, Tanis wouldn't, Smashmallow couldn't, Richard Hartel, Sebastiani didn't, David Kwasniewski, Kwasniewski, Smashmallows, it's, Adam Rogers Organizations: Hershey, Michelin, BI, Kraft, Target, Walmart, Doumak, Workers, University of Wisconsin, Area, Xerox, marshmallows, Business Locations: Paris, California, Sonoma, Hershey, Silicon Valley, Los Angeles, Hobart, Chicago, Las Vegas, Netherlands, Tanis, Pennsylvania, America, Sonoma Capital, Smashmallow, Santa Rosa, San Francisco, Colorado, North America

☆ Hot on the trail of cherry blossoms — peak times for 2024
▼ + stars: | 2024-03-02 | by ( Forrest Brown | ) edition.cnn.com time to read: +4 min

Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: Circling the calendar for peak cherry blossoms, a very rare peek at post-pandemic North Korea and the insightful confessions of a Vegas habitué. While peak bloom can still be up in the air, the dates for the National Cherry Blossom Festival are solidly locked down: March 20-April 14. Meanwhile, Japanese forecasters are out with their own cherry blossom, or sakura, predictions. 02:06 - Source: CNNIn the best of times, a visit to communist North Korea was a rarity.

Persons: Brandon Griggs, He’s, Willy Wonka Organizations: CNN, Washington , D.C, Bloom Watch, National Cherry Blossom, –, Air Albania, AAA Locations: Korea, Netherlands, France, Washington ,, Japan, Wharf, Kochi, Tokyo, wintry Sapporo, Dubai, Atlanta, Air, London, India, United States, North Korea, Russia, Pyongyang, Masikryong, North, Las Vegas, Sin

☆ Britain to lead 2024 European real estate boom as international buyers eye opportunities, research says
▼ + stars: | 2024-03-01 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Richard Newstead | Moment | Getty ImagesThe U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the region's strained property market. U.S., Israeli, Japanese and Taiwanese investors are set to lead that charge, spearheading a 20% rebound in real estate investment activity in 2024 as they pump cash into Britain, Germany, Spain and the Netherlands, according to the research. European real estate revivalBritain ranked as the top European destination for cross-border investment in CBRE's 2024 European Investor Intentions Survey, with investors pointing to its discounted rates and high return potential. Busà Photography | Moment | Getty ImagesIt follows a tough year for real estate in 2023, as higher interest rates pushed up borrowing costs and weighed on investor sentiment. Global cross-border real estate investment totalled 196.3 billion euros ($212.9 billion) over the year, down 40% on the five-year average, according to Real Capital Analytics data cited by Savills.

Persons: Richard Newstead, Rasheed Hassan, Savills, Chris Brett, Knight Frank Organizations: CNBC, European Central Bank, Bank of England Locations: Kings Cross, London, European, Britain, Germany, Spain, Netherlands, Poland, Paris, Madrid, Amsterdam, Berlin, Europe, East, Africa, Americas, Asia Pacific, France

☆ Meet the Artist Delighting Amsterdam
▼ + stars: | 2024-03-01 | by ( Noëlle De Leeuw | ) www.nytimes.com time to read: 1 min

In the spring of 2020, at the height of the pandemic, the always bustling Dam Square in Amsterdam was deserted, silent and surrounded by concrete counterterrorism blocks. The Dutch street artist Frank de Ruwe, who goes by the name of Frankey, decided these daunting studded blocks resembled something more innocent — giant Lego blocks — and that the city needed something to lighten the gloom. The result? Later that summer, Frankey created and placed a giant yellow-and-black Lego figure of the Dutch folk singer André Hazes, whose songs have been pub favorites in the Netherlands for more than 40 years.

Persons: Frank de Ruwe, Frankey, André Hazes Locations: Amsterdam, Netherlands

☆ The rise and fall of Byju's, once a startup darling in India
▼ + stars: | 2024-03-01 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

Signage at a Byju's Tuition Center, operated by Think & Learn Pvt., in Mumbai, India, on Friday, Feb. 2, 2024. It was most recently slashed to $1 billion, after BlackRock downsized its holdings in Byju's last month, according to media reports. Last Friday, major Byju's shareholders, including Netherlands-based global investment group Prosus, voted to oust founder Byju Raveendran as chief executive officer. Investors who attended an extraordinary general meeting "unanimously passed all resolutions put forward for vote," which also sought to change the board, according to a statement Prosus sent CNBC. "As the founders did not participate in the meeting, the quorum was never legitimately established, rendering the resolutions null and void."

Persons: Dhiraj Singh, Prosus, Byju Raveendran, Byju's Organizations: Bloomberg, Getty, BlackRock, Investors, CNBC, Honorable Karnataka Locations: Mumbai, India, Byju's, Netherlands, Bengaluru

☆ North Korea's twice-failed spy satellite is now up and running, aerospace experts say
▼ + stars: | 2024-02-29 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

A North Korean spy satellite was spotted adjusting its orbit in space, experts said. AdvertisementA North Korean spy satellite has made maneuvers in orbit that show it is very much "alive," contrary to previous assessments that suggested it was inactive, experts said on Tuesday. North Korea announced it had launched Malligyong-1 into orbit in November, after two failed attempts. The launches drew condemnation from the US, which viewed them as cover for North Korea testing missile technology. The latest findings come as South Korea warned that Pyongyang could launch a new spy satellite as soon as March, The Korea Times reported.

Persons: Marco Langbroek, —, Korean Defense Minister Shin Won, sik, Langbroek, Jonathan McDowell Organizations: Service, Delft University of Technology, Korean Defense Minister, Korea Times, Harvard - Smithsonian Center, Astrophysics, NK News, White, Pentagon, US, Guardian, The Korea Times Locations: Korean, South Korea, Leiden, Netherlands, North Korea, Pyongyang

☆ This fund beat the S&P 500 without holding any Magnificent 7 stocks. Here's what they're buying right now
▼ + stars: | 2024-02-29 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Picking great stocks and avoiding disastrous investments enabled the Ranmore Global Equity Fund to beat the S & P 500 over the past two years, according to its fund manager. The fund, run by portfolio manager Sean Peche, returned 31% in 2023 compared to 24% for the S & P 500 . The Ranmore fund also outperformed its benchmark with 1.8% total returns in 2022 when the S & P 500 and broader indexes nearly fell into a bear market. The fund manager says they take a probability-based approach with many small positions rather than a few big bets. However, according to the fund manager, the market appears to be undervaluing its cash and securities.

Persons: Sean Peche, Peche, Andrew, there's, Where's, Ranmore, it's Organizations: Ranmore Global Equity Fund, Microsoft, Meta, Petrobras, Japan's Nippon TV, GSK, eBay, of, Bank of America, UBS, Carrefour, ABN AMRO, Nippon Locations: Wall, of London, Europe, Ukraine, U.S, Japan, Holland, Netherlands

☆ Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: +2 min

The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Alphabet 's Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising. "Without Google's abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad tech services. Crucially, these funds could have been reinvested into strengthening the European media landscape," the lawyers said. Others in the group include Austria's Krone, Belgian groups DPG Media and Mediahuis, Denmark's TV2 Danmark A/S, Finland's Sanoma, Poland's Agora, Spain's Prensa Iberica and Switzerland's Ringier.

Persons: Axel Springer, Schibsted, Stek, Big, Austria's, Finland's Organizations: Google, Geradin Partners, Publishers, DPG Media, Denmark's TV2, Spain's Prensa Locations: Berlin, Germany, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Hungary, Luxembourg, Netherlands, Norway, Poland, Spain, Sweden, Europe, Austria's Krone

Loop Capital initiated Dell Technologies with a buy rating and a price target that implies more than 35% upside. Analyst Stephen Grambling hiked his price target by $9 to $49, while keeping his rating at overweight. Salesforce has popped nearly 14% in 2024, extending gains after the stock price came close to doubling in 2023 alone. Roseka's price target of $27.10 shows the potential for just 3.6% in upside compared with Tuesday's ending price. Analyst Ananda Baruah initiated coverage of the technology stock with a buy rating and a $125 price target.

Persons: Stifel, Smucker, Raymond James, Rick Patel, Patel, — Alex Harring, Kenneth Worthington, Worthington, Alex Harring, Morgan Stanley, Stephen Grambling, DKNG's, Grambling, DraftKings, Jackpocket, Morgan, Wednesday's premarket, Goldman, Goldman Sachs, Kash Rangan, Rangan, Bernstein, Daniel Roeska, Stellantis, Roseka, KeyBanc, Sophie Karp, CEG, Karp, Matthew Smith, Smith, Fred Imbert, Dell, Ananda Baruah, DELL, Baruah Organizations: CNBC, Dell Technologies, FactSet, Apollo Global Management, JPMorgan, APO, Grambling, Constellation Energy, Constellation, Dell, Capital, DELL Locations: Tuesday's, Wednesday's premarket, Grambling, Wednesday's, Salesforce, Netherlands, U.S, Europe

☆ Biden and Trump win Michigan primaries
▼ + stars: | 2024-02-27 | by ( Eric Bradner | ) edition.cnn.com time to read: +6 min

CNN —President Joe Biden and former President Donald Trump won their respective parties’ primaries in Michigan on Tuesday. “We demand President Biden to take action now – bring a permanent ceasefire,” said Layla Elabed, the campaign manager for the group. The Michigan primary was moved up near the front of the Democratic presidential nominating calendar this year. Biden defeated Trump in Michigan by about 150,000 votes four years later. After Democrats, who control the state Legislature and the governor’s office, moved the Michigan primary to February 27 despite the Republican opposition, the RNC and Michigan GOP came up with the hybrid model.

Persons: Joe Biden, Donald Trump, Biden, Trump’s, Nikki Haley’s, “, ”, Rashida Tlaib, Andy Levin, Vermont Sen, Bernie Sanders ’, Sanders, Layla Elabed, ” Biden, ” Elabed, It’s, Gretchen Whitmer, you’ve, Trump, —, Pete Hoekstra, Kristina Karamo, Hoekstra, CNN’s Arit John, Dianne Gallagher, Jeff Zeleny Organizations: CNN, Democratic, South Carolina Gov, Muslim, Michigan Rep, America, Trump, Michigan, White House, Biden, Israel, Michigan —, United Auto Workers, UAW, Michigan GOP, Michigan Republicans, Republican, Committee, RNC Locations: Michigan, Gaza, Vermont, Iowa, New Hampshire, Dearborn, United States, Palestinian American, — demoting Iowa, South Carolina, Nevada, Netherlands, Grand Rapids, Detroit

The party adopted a novel and somewhat confusing hybrid nominating system this year, which will culminate on March 2 with a statewide nominating convention. Here’s what to know:When are the Michigan primary and convention, and how do I vote? Additionally, the state’s Republican Party will host a nominating convention on March 2. At the Republican nominating convention, only delegates, a group of elected party loyalists, can participate in the caucus-style event. Last year, in February, she emerged victorious from a marathon vote for state party chair.

Persons: Donald J, Trump, Nikki Haley, Biden, Dean Phillips, Marianne Williamson, “, ”, ” Stephen Ohlemacher, Trump’s, Pete Hoekstra, Kristina Karamo, Hoekstra, Ms, Karamo Organizations: Republicans, Republican Party, Republican, United Nations, Democratic, Michigan, Democratic National Convention, Associated Press, Amway, Plaza Hotel, Trump, Mr Locations: Michigan, South Carolina, Chicago, Grand Rapids, Huntington, Detroit, Netherlands, Waterford Township, Mich

☆ Meet the ‘Granolas,’ Europe’s answer to the Magnificent 7 stocks
▼ + stars: | 2024-02-27 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —The Magnificent 7 tech stocks have been a big part of the extraordinary US market rally. But there’s a rival group of companies powering European stocks to new heights with even better returns, by some measures. Dubbed the “Granolas,” those 11 companies accounted for 60% of the gains on Europe’s benchmark stock index over the past 12 months. They have even slightly outperformed the Magnificent 7 over a longer period, according to Goldman Sachs. Their standout performance has “raised the issue of concentration effects” in the region’s stock market, says Philip Lawlor, managing director of markets research at Wilshire Indexes.

Persons: London CNN —, Goldman Sachs, ASML, ” Goldman Sachs, Goldman Sachs, Guillaume Jaisson, Ozempic, ‘, Philip Lawlor, ” Lawlor Organizations: London CNN, GSK, Roche, Novartis, Novo Nordisk, L’Oréal, AstraZeneca, SAP, Sanofi, “, CNN, Danish, Wilshire Indexes, —, Deutsche Bank Locations: LVMH, Europe, France, Germany, Denmark, Switzerland, Netherlands, United Kingdom, United States

☆ Takeaways from the Michigan Democratic and Republican primaries
▼ + stars: | 2024-02-27 | by ( Eric Bradner | Gregory Krieg | ) edition.cnn.com time to read: +11 min

“Joe Biden is losing about 20 percent of the Democratic vote today, and many say it’s a sign of his weakness in November. Phillips’ high point was in New Hampshire, where he drew nearly 20% of the Democratic primary vote. Republicans opposed an earlier Michigan primary, which violated Republican National Committee rules limiting which states can hold contests before March 1. After Democrats, who control the legislature and the governor’s office, moved the Michigan primary to February 27 despite the Republican opposition, the RNC and the Michigan GOP came up with the hybrid model. However, Kristina Karamo, the election conspiracy theorist who the state party voted to oust in January, has refused to relinquish control, arguing that she was unlawfully removed.

Persons: CNN — Joe Biden, Donald Trump, Trump’s, Biden, –, uncommitted, Gretchen Whitmer’s, Joe Biden, CNN’s Dana Bash, Debbie Dingell, Cassandra, Nikki Haley, Uncommitted, ”, Andy Levin, wouldn’t, ” Levin, Biden’s, ” Abbas Alawieh, Alawieh, —, Haley Haley, won’t, Haley, hasn’t, “ Joe Biden, ” Haley, Olivia Perez, Cubas, Abby Phillip, Dean Phillips, Dean Phillips ’, “, Phillips, Marianne Williamson, Pete Hoekstra, Hoekstra, Kristina Karamo, J, Joseph Rossi Organizations: CNN, Democratic, Arab American Democrats, GOP, Trump, Biden, of Health, Michigan, Michigan Gov, South Carolina Gov, Michigan Democratic, Biden can’t, Progressives, Republican, South, Minnesota, Israel, Granite, Democratic National, Twitter, Michigan GOP, Republican National Convention, Republicans, Committee, RNC, Detroit . Kent Locations: Michigan, Gaza, Israel, Dearborn, Minnesota, South Carolina, New Hampshire, — demoting Iowa, Nevada, Netherlands, Grand Rapids, Detroit ., Detroit

☆ European Leaders to Gather in Paris to Bolster Ukraine at ‘Critical Moment’
▼ + stars: | 2024-02-26 | by ( Constant Méheut | Aurelien Breeden | ) www.nytimes.com time to read: +1 min

European leaders were set to gather in Paris on Monday in an attempt to showcase unity and resolve in their support for Ukraine as the embattled country confronts a dire situation on the battlefield against Russia and in Washington, where Republicans in Congress are blocking badly needed financial aid. The meeting, convened by President Emmanuel Macron of France, is scheduled to include about 20 or so heads of state and top officials, including from Britain, Germany, the Netherlands, Poland and Spain. President Volodymyr Zelensky of Ukraine is to attend the evening meeting by videoconference. “We are at a critical moment,” Mr. Macron said on Saturday during a visit to a major agricultural fair in Paris, adding that the meeting would “bolster our position” and give Ukraine more “visibility” for the coming months. “Russia cannot win in Ukraine,” he added.

Persons: Emmanuel Macron, Volodymyr Zelensky, videoconference, Mr, Macron Organizations: ” Locations: Paris, Ukraine, Russia, Washington, France, Britain, Germany, Netherlands, Poland, Spain

☆ Australia women’s goalkeeper jerseys finally go on sale – six months after the World Cup
▼ + stars: | 2024-02-26 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —From this week, soccer fans will be able to buy Australian goalkeeper Mackenzie Arnold’s Nike jersey, more than six months after she wore the purple top at the Women’s World Cup. Arnold kept a tournament-high four clean sheets during the Matildas’ run to the semifinals of last year’s Women’s World Cup, which was co-hosted by Australia and New Zealand. That prompted England shot-stopper Mary Earps to campaign vociferously for the sportswear company to release the women’s goalkeeper jerseys ahead of the tournament. CNN has contacted Nike for comment regarding the release of the Australian goalkeeper jersey. Arnold kept four clean sheets at the Women's World Cup last year.

Persons: Mackenzie Arnold’s Nike, Arnold, ” Arnold, England, Mary Earps, vociferously, Brendon Thorne, Ashley Reade, ’ Organizations: CNN, Football Australia, France, Australia, Nike, Reuters, Nike’s Pacific, Australian, Uzbekistan Locations: Australia, New Zealand, England, US, France, Netherlands, Melbourne, Paris

☆ This biotech startup wants to prevent unhappiness. Here's the pitch deck Matter Bioscience used to raise $26 million.
▼ + stars: | 2024-02-26 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Read previewAxel Bouchon cofounded Matter Neuroscience in 2019 after leading the venture arms of pharma giants Moderna and Bayer. AdvertisementMatter has emerged from stealth with $26 million from ARCH Venture Partners, Polaris Partners, Exor Ventures, and Collaborative Fund, Business Insider has learned exclusively. That $26 million includes an initial seed round led by Polaris Partners and a Series A round led by ARCH Venture Partners. The startup views itself now as a consumer biotech startup, Bouchon said. Here's the 17-slide pitch deck Matter used to raise $26 million.

Persons: —, Axel Bouchon, Bouchon Organizations: Service, pharma, Moderna, Bayer, Business, Venture Partners, Polaris Partners, Exor Ventures, Fund, Brain Imaging, Icahn School of Medicine Locations: Maastricht, Netherlands, Mount Sinai, Seoul, South Korea

☆ Sayre Gomez’s paintings show LA ‘as it is, rather than a projection’
▼ + stars: | 2024-02-26 | by ( Victoria Woodcock | ) edition.cnn.com time to read: +7 min

CNN —It was not until I looked at “Family Room” for the second time that I saw the two children. The scene of decay and demise is a painting by LA-based artist Sayre Gomez, called “Family Room,” that brings together disparate elements of his hometown in an unnervingly photorealist style. The work forms part of his solo show “Heaven N’ Earth,” at art dealer Xavier Hufkens’ flagship gallery in Brussels, Belgium, exploring the complex dichotomies of the urban landscape. The Broad Museum in Los Angeles has also recently added Gomez’s work to its collection. Gomez's photo-realistic work is currently appearing in a solo show at Xavier Hufkens in Brussels, Belgium (above) and a group show at The Broad in Los Angeles.

Persons: Sayre Gomez, Xavier Hufkens, ” Gomez, Xavier Hufkens It’s, “ Gomez, Gomez, ”, Ed Rusha, Jack Goldstein, ” Sayre Gomez, Sam Ramirez, it’s, fabricators, John Baldessari, Xavier Hufkens “, Ed Schad, David Zwirner Organizations: CNN, Los Angeles Homeless Services Authority, California Institute of the Arts, Lucasfilm, Peabody Werden, Voorlinden, The Broad Museum Locations: LA, Brussels, Belgium, deindustrialization, ”, Chicago, Los Angeles, Boyle Heights, Hollywood, Netherlands, Hope, Angeles, California

☆ ‘Life-changing’: Delivery driver wins $217,000 at Kenya Open golf tournament
▼ + stars: | 2024-02-26 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Joe Dean of England reacts on the 16th green during day four of the Magical Kenya Open at Muthaiga Golf Club on February 25, 2024 in Nairobi, Kenya. British golfer and part-time delivery driver Joe Dean hailed his performance at the Kenya Open as "life-changing" as he received a check for just under 200,000 euros ($217,000) by finishing in a tie for second place. "I don't think it's sunk in yet," Dean told DP World Tour. Second event, you don't really feel like you belong and feel like you're trying to prove something," Dean said. "Luckily, I managed to get over that quickly and figure out how to get around the golf course."

Persons: Joe Dean, Spain's Nacho Elvira, Darius van Driel, Dean, It's, I've, I'd, you've Organizations: Kenya, Club, Morrisons Locations: Nairobi, Kenya, British, Netherlands, Qatar

☆ U.S. and Britain Strike 18 Houthi Targets in Yemen
▼ + stars: | 2024-02-25 | by ( Helene Cooper | Eric Schmitt | ) www.nytimes.com time to read: +5 min

Houthi militants have launched attack drones and cruise and ballistic missiles at vessels in the Red Sea and the Gulf of Aden. The United States and Britain carried out another round of large-scale military strikes Saturday against multiple sites in Yemen controlled by Houthi militants, U.S. officials said. On Monday, Houthi militants fired two anti-ship ballistic missiles at a cargo ship, U.S. Central Command said in a statement. The ship, called the Sea Champion, continued on to its destination at the port of Aden in Yemen, the statement added. The American-led retaliatory air and naval strikes against Houthi targets began last month.

Persons: ”, Houthi, Mason, Lloyd J, Austin III Organizations: Houthi, British, Defense Department, Associated Press, “, Yemeni Armed Forces, U.S ., U.S . Central Command, Central Command, Command, Iranian Locations: Aden, The United States, Britain, Yemen, Iran, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, “ U.S, U.S, Red Sea, Palau, Gaza, Israel, United States, Africa, Iraq, Syria, Saudi Arabia

☆ Battle for the Red Sea expands with U.S. strikes, EU stepping up its efforts against Houthis
▼ + stars: | 2024-02-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +9 min

Defense officials tell CNBC as of February 21, there have been at least 59 attacks on commercial shipping interests in the Red Sea. But the EU said the Red Sea moves reflect the need for a stronger European presence in protecting ships from Houthi attacks. Trade leaders have urged more countries to join the military effort in the Red Sea. A war of misinformation in the Red Sea crisis also continues. On February 2 in Brussels, Borrell informed Yemeni Prime Minister Bin Mubarak about the plans to launch a new EU maritime operation in the Red Sea and about its mandate.

Persons: Mason, Torm Thor, Good Hope, Peter Stano, Josep Borrell, Mark Montgomery, Sen, John McCain, Steven Lamar, Hussein, Azzi, Stano, Houthis, Borrell, Bin Mubarak, Rashad Al, Carl Bentzel, Bentzel, Tesla Organizations: European Commission, United States Central Command, Command, U.S, CNBC, European Union's Naval Force, EU, French Navy, Prosperity, Prosperity Guardian, EU Commission, Navy, Foundation, Defense of Democracies, Senate Armed, NATO, U.S . Central Command, UK, Prosperity Guardian . Trade, American Apparel and Footwear Association, Central Command, Yemeni, Presidential, Council, UN, Federal Maritime, Foreign Shipping, State Department, FMC, Walmart Locations: Aden, Iranian, Yemen, Red, Libyan Coast, Good, Somalia, European, EU, U.S, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, Houthi, Europe, Suez, Belize, Brussels, Yemeni, United States, Egypt, Germany, Israel

☆ Warren Buffet's son Howard has given $500M to Ukraine — he warns the US is making a historic mistake by pulling its support
▼ + stars: | 2024-02-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +8 min

But Howard Buffett, the elder son of Warren, the billionaire investor and Berkshire Hathaway CEO, has no intention of foresaking Ukraine or its President Volodymyr Zelenskyy. And it's going to be one of the biggest mistakes that the United States makes historically if we don't continue to support Ukraine. The UK has contributed $620 million and the Netherlands has provided $780 million, per the Kiel Institute's Ukraine Support tracker. But Howard Buffett has lent his voice to political advocacy, speaking out to support Ukraine and advocating for increased international support and military aid to the war-torn country. Howard Buffett in Ukraine.

Persons: —, Russia's, Howard Buffett, Warren, Volodymyr Zelenskyy, Buffett, Buffett's Howard G, He's, he's, Warren Buffett's, Warren Buffett, Ukraine's, Zelenskyy, it's, Howard Buffet, Paula Bronstein, Buffett's, Putin, Howard G, Oleksandr Prokudin, Buffett Foundation Howard Buffett, Theron Mohamed Organizations: Service, Republican Party, Business, Berkshire Hathaway, Buffett Foundation, AP, NATO, Kherson, Zelenskyy Locations: Ukraine, Russia, Avdiivka, United States, Zelenskyy, Kyiv, Netherlands, Kiel, America, Zolota Nyva, Donetsk district, Europe, Kherson, Macon County , Illinois

☆ The Netherlands is one of the world's happiest countries—what they do differently than everyone else
▼ + stars: | 2024-02-24 | by ( Olga Mecking | ) www.cnbc.com time to read: +3 min

When I first discovered the concept of "niksen," or the Dutch art of doing nothing, I was fascinated. I believe niksen is one of the reasons why the Dutch are consistently ranked as some of the happiest people in the world. Niksen might seem selfish or boring at first glance, but it's actually a service to you and your community. If you're doing nothing, own itWhen someone asks you what you're doing during your niksen time, simply respond, "Nothing." I'm simply niksening up against him.

Persons: it's, Tony Crabbe, Manfred Kets de Vries, Tracy Walker, Olga Mecking Locations: Poland, Germany, Netherlands

☆ U.S. and British strikes on Houthi sites in Yemen answer militants’ surge in Red Sea attacks on ships
▼ + stars: | 2024-02-24 | by ( ) www.cnbc.com time to read: +8 min

The U.S. F/A-18 fighter jets launched from the USS Dwight D. Eisenhower aircraft carrier, which is currently in the Red Sea, officials said. President Joe Biden and other senior leaders have repeatedly warned that the U.S. won't tolerate the Houthi attacks against commercial shipping. During normal operations, about 400 commercial vessels transit the southern Red Sea at any given time. The Rubymar, a British-registered, Lebanese-operated cargo vessel, was attacked while sailing through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden. The Associated Press, relying on satellite images from Planet Labs PBC of the stricken vessel, reported Tuesday that the vessel was leaking oil in the Red Sea.

Persons: Dwight D, Lloyd Austin, Grant Shapps, Shapps, Joe Biden, haven't, We've, Sabrina Singh, we've, Mason, Abdul Malik al, Hope Organizations: US Coast Guard, US Central Command, U.S, Eisenhower, Defense, Yemeni Armed Forces, RAF, Islander, Hamas, Houthi, Aden , U.S . Central Command, Central Command, Khorfakkan, United, Command, Associated Press, Planet Labs PBC Locations: Iran, Yemen, Tampa , Florida, United States, U.S, Gulf of Aden, British, Red, Britain, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, Gaza, Aden , U.S, Asia, Europe, Africa, Suez, Mandeb, Gulf, Aden, Palau, Belize, Lebanese, Bulgaria, United Arab Emirates

☆ Quincy Promes: Soccer star who was handed a six-year prison sentence in absentia for trafficking cocaine is still playing
▼ + stars: | 2024-02-24 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +8 min

Away from the pitch, Promes has recently been convicted for drug trafficking by an Amsterdam court. “It is particularly bad that the suspect [Promes] normalizes and almost romanticizes the large-scale cocaine trade,” said Dutch prosecutors. Promes was convicted in absentia to six years in prison for drug trafficking. And Dutch soccer clubs seem to be taking notice. So there are indeed preventative measures taken by some of the clubs,” Nelen adds.

Persons: CNN — He’s, Quincy Promes, Promes, ”, “, calculatedly, Hans Nelen, David Klein, Criminologist Hans Nelen, Nelen, “ He’s, hadn’t, Femke Halsema, Peter R, Vries, Dutchman David Endt, hasn’t, Endt, “ There’s Organizations: CNN, Ajax, Sevilla, Spartak Moscow, Russian Premier League, Appeal, Reuters, Maastricht University, Promes, Rotterdam –, Customs, National Alliance, Subversive Locations: Netherlands, Amsterdam, Brazil, Antwerp, Belgium, Russia, Russian, Dubai, isn’t, Rotterdam, Mexico, Columbia, Italy, Germany, Europe, Dutch

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