DIRS.INFO The most relevant business & tech news

☆ Republicans are dealing a 'devastating blow' to student-loan borrowers through a funding proposal that could 'severely' strain customer service support, Biden's administration says
▼ + stars: | 2023-11-14 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

House Republicans proposed a spending bill that would cut funding for student aid administration. If passed, the legislation would further strain customer service as borrowers navigate repayment. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident Joe Biden's administration made clear Biden would not sign Republicans' funding proposals for education and labor in the upcoming fiscal year. AdvertisementThe House is voting on the GOP amendments on Tuesday, prior to a vote on Johnson's government funding bill which would keep the Education Department funded through February 2.

Persons: Biden, —, Joe Biden's, hasn't, Mike Johnson's, Marjorie Taylor Greene, Mary Miller, Andy Biggs Organizations: Republicans, Management, Budget, Service, of Labor, Health, Human Services, Education, OMB, Congress, GOP, Education Department, Reps Locations: America

ICBC Financial Services could not be reached for comment. It said it had cleared Treasury trades executed on Wednesday and repo financing trades done on Thursday. While market participants and officials have said the impact of the ICBC hack on Treasury market functioning was limited, the full extent of it is not yet understood. The hack is likely to become a key topic of conversation at a major Treasury market conference on Nov. 16. ICBC told market participants Friday that they were also hoping to have a secondary email system set up soon.

Persons: Kim Kyung, BNY Mellon, ICBC, Moxfive, Darrell Duffie, Duffie, BNY, SIFMA, Paritosh, Edward Tobin Organizations: Industrial, Commercial Bank of China, REUTERS, Commercial Bank of China's, Treasury, ICBC Financial Services, Reuters, ICBC, Securities, Exchange, Stanford, ICBC Financial, Treasuries, Thomson Locations: Beijing, China, Commercial Bank of China's U.S, New York, Wall

☆ This unmanned lifeboat could rescue drowning people on its own
▼ + stars: | 2023-11-13 | by ( Rebecca Cairns | Hazel Pfeifer | ) edition.cnn.com time to read: +6 min

Accidents are all too common, and often deadly, says Sam Mayall, a lifelong sailor and former maritime transport deck officer. “A lot of the technologies employed offshore now are the same technologies that have been there for the last 40 or 50 years,” says Mayall. Spotting people is just one part of search and rescue — getting them out of the water rapidly is also critical. Zelim’s “Swift” conveyor belt is adapted to the maritime environment to get people out of the water quickly. The maritime industry is slow to innovate, says Phillips, and the industry-standard rescue winches have been the same for decades.

Persons: Sam Mayall, ”, Mayall, “, ” Zelim, isn’t, “ Swift, —, Laura Tognarelli, Swift, “ It’s, ” Sam Mayall, Gareth Phillips, Phillips, Phillips — Organizations: CNN, coastguard, UK’s, Guardian, US Coastguard, Mariners, CNN Guardian, Zelim, Milford Haven Port Authority, Swift, Marine Locations: Scottish, Milford Haven, MHPA

☆ A Look at Suella Braverman’s Turbulent Time as Home Secretary.
▼ + stars: | 2023-11-13 | by ( Megan Specia | More About Megan Specia | ) www.nytimes.com time to read: +5 min

Here’s a look at some of Ms. Braverman’s most prominent disputes. Despite her dismissal, Ms. Braverman was again appointed home secretary six days later, on Mr. Sunak’s first day in office. While the plan was first announced by Ms. Braverman’s predecessor, Priti Patel, Ms. Braverman has been an ardent supporter and put the policy front and center. Ms. Braverman had for weeks characterized these protests as “hate marches,” despite the fact that the demonstrations have been mostly peaceful. But then Ms. Braverman, who as home secretary oversees policing in Britain, went a step further later in the week.

Persons: Braverman, Rishi Sunak, Liz Truss, Braverman’s, Truss, Sunak’s, Priti Patel, Sunak, ” Organizations: Conservative, Appeal, London’s Metropolitan Police Service, Islamists, Hamas Locations: Britain, Rwanda, Israel, Gaza, London

☆ EU sees pragmatist in Brexit vote instigator Cameron on his return
▼ + stars: | 2023-11-13 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +3 min

As prime minister, Cameron called the referendum on European Union membership in 2016, although he campaigned for Britain to remain in the EU. "Welcome back David Cameron," Dutch Prime Minister Mark Rutte said in a post on X, formerly known as Twitter, soon after Cameron was appointed as Foreign Secretary in a cabinet reshuffle by Prime Minister Rishi Sunak. Another EU diplomat said Cameroon's absence from politics for seven years meant he was partly an unknown quantity, but felt he was more a pragmatist than not. Cleverly's term as foreign minister, under Prime Minister Rishi Sunak, led to a turnaround in post-Brexit EU-UK ties, thawing from stubborn, bitter stand-offs to pragmatic negotiations yielding results. Sefcovic credited his past year working with Cleverly with "putting EU-UK relations back on track", adding that he looked forward to continuing this work with Cameron.

Persons: David Cameron's, Cameron, David Cameron, Mark Rutte, Rishi Sunak, Maros, James, Sefcovic, Philip Blenkinsop, Andreas Rinke, Mark Heinrich Our Organizations: European Union, Britain, Twitter, Conservative, EU, European, NATO, Russia, Thomson Locations: BRUSSELS, Britain, EU, Northern Ireland, Ireland, Berlin

☆ In the Market: Inside Wall Street's scramble after ICBC hack
▼ + stars: | 2023-11-13 | by ( Paritosh Bansal | Thomson Reuters | Paritosh Oversees The Work Of More Than Journalists Across The Globe Who Write About Finance | ) www.reuters.com time to read: +7 min

It said it had cleared Treasury trades executed on Wednesday and repo financing trades done on Thursday. While market participants and officials have said the impact of the ICBC hack on Treasury market functioning was limited, the full extent of it is not yet understood. Nevertheless, market participants said the attack is likely to add a new aspect to the regulatory review, as it brings cyber threats into sharper focus. The hack is likely to become a key topic of conversation at a major Treasury market conference on Nov. 16. ICBC told market participants Friday that they were also hoping to have a secondary email system set up soon.

☆ North Korea lashes out at U.N. Command over meeting in Seoul
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, July 19, 2022. REUTERS/Kim Hong-Ji/Pool/File Photo Acquire Licensing RightsSEOUL, Nov 13 (Reuters) - North Korea on Monday called for the United Nations Command to be dissolved calling it an "illegal war organization" over a meeting which is scheduled to take place between the member states in South Korea later this week, state media KCNA reported. The DPRK stands for North Korea's official name, the Democratic People's Republic of Korea. North Korea's criticism comes a day after U.S. Defence Secretary Lloyd Austin met his South Korean counterpart Shin Won-sik in Seoul on Sunday with Japanese Defence Minister Minoru Kihara for a trilateral meeting. They agreed to start as planned a real-time data sharing scheme on North Korean missiles in December and condemned growing military cooperation between North Korea and Russia as a violation of U.N. resolutions during the meeting.

Persons: Kim Hong, Lloyd Austin, Shin Won, Minoru Kihara, Hyunsu Yim, Sandra Maler Organizations: REUTERS, Rights, United Nations Command, UNC, Command, Institute for Disarmament, Peace, DPRK Foreign Ministry, DPRK, North, Democratic People's, U.S . Defence, South Korean, Japanese, Korean, Thomson Locations: Gijungdong, North Korea, Panmunjom, South Korea, Rights SEOUL, U.S, Seoul, Pyongyang, Democratic People's Republic of Korea, Russia

U.S. Defence Secretary Lloyd Austin met his South Korean counterpart Shin Won-sik in Seoul on Sunday with Japanese defence minister Minoru Kihara joining the meeting online. U.S. President Joe Biden agreed with South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida at an Aug. 18 summit that by the end of this year the three countries would share North Korea missile warning data in real time. The ministers also condemned growing military cooperation between North Korea and Russia as a violation of U.N. resolutions, the South Korean defence ministry said in a statement, and also stressed the importance of peace and stability across the Taiwan Strait. Brown, chairman of the U.S. Joint Chiefs of Staff, held talks with his South Korean counterpart in Seoul on Sunday, the South Korean military said. In his first visit to South Korea since he took office in October, the top U.S. general discussed the "continuous provocations" of North Korea including missile launches, and reaffirmed the United States' commitment to the defence of South Korea, the South Korean joint chiefs of staff said in a statement.

Persons: Kim Jong Un, Lloyd Austin, Shin Won, Minoru Kihara, Kihara, Joe Biden, Yoon Suk Yeol, Fumio Kishida, Charles Q, Brown, Tetsushi Kajimoto, Miral Organizations: North, Korean Central News Agency, REUTERS, Rights, Defence, Korean, Sunday, . Defence, South Korean, Korea, U.S . Joint Chiefs of Staff, Thomson Locations: Rights TOKYO, SEOUL, South Korea, Japan, United States, South, Sunday ., Seoul, North Korea, Russia, Taiwan, TOKYO

Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.

Persons: Biden, ” John Kerry, Biden’s, “, ”, Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, ”, Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, ”, Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo

☆ Microsoft’s Chris Young on Bringing AI to Main Street
▼ + stars: | 2023-11-11 | by ( Tom Dotan | ) www.wsj.com time to read: 1 min

Microsoft strategy head Chris Young says sports leagues and pharmaceutical companies are potential AI customers outside the tech industry. Photo: David Ryder/Bloomberg NewsMicrosoft has spent most of this year touting the promise of artificial intelligence and how it can reshape society. The job for Chris Young, head of Microsoft ’s corporate strategy, is making sure that hype turns into purchases of Microsoft’s AI tools. Young leads a hundreds-strong team that works with outside partners like Facebook parent Meta Platforms to develop products made with technologies such as augmented reality and generative AI. Young also oversees Microsoft’s venture investment arm M12, which does early-stage startup investments.

Persons: Chris Young, David Ryder, Young Organizations: Microsoft, Bloomberg, Facebook

☆ How a Friend of the High Line Spends His Sundays
▼ + stars: | 2023-11-11 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

Alan van Capelle spends a lot of time trying to foster equality and a sense of belonging as the executive director of Friends of the High Line, the nonprofit that oversees the park’s operations. He grew up on Commack, Long Island, and is now living a life he never thought possible as a Jewish, biracial, gay man. “You either died early of AIDS or were alone, abandoned by family,” he said. “I’m living the dream because I never knew I could have a husband and two kids.”Mr. van Capelle was one of the lead architects of the marriage equality campaign in New York, and is married to Matthew Morningstar, 48, an executive vice president at LPL Financial, a financial services firm in Manhattan. They live in a two-bedroom on the Lower East Side with their sons Patrick, 9, and Ethan, 12, whom they adopted at birth.

Persons: Alan van Capelle, ”, van Capelle, “, ” Mr, Matthew Morningstar, Patrick, Ethan Organizations: LPL Locations: Long, New York, Manhattan

Here are the meanings of the 10 hardest words that have also been used in New York Times articles. This part of Montana, Lewis and Clark country, is flat and implacable with swells, coulees and hills. — 52 Places to Love in 2021 (Jan. 6, 2021)4. motet — a vocal composition, often religious:Another wonderful motet by Byrd is “Justorum animae,” which is basically a commemoration or a celebration of martyrs. He was seeing people being put to death because of their faith. — Language Is Smarter Than We Are (Jan. 11, 1987)The list of the week’s easiest words:

Persons: cicely —, labile —, didn’t, Lewis, Clark, Byrd, —, William Byrd, louche, Brando, Pierre Trudeau, Jon Peters, Barbra Streisand, lookbook, Santis, “, Mr, Arnault, Aimé Leon Dore, cellule Organizations: New York Times, Art, Food, Wear, Aimé Leon Dore Took Locations: New, Faroe Islands, Jena, Montana, Aimé Leon Dore Took New York

The company's research and development (R&D) engine is intact and therefore it is unlikely to do transformative deals soon, Jorgensen said. It was the latest in a series of similarly-sized deals the company has done this year. Last week, when reporting quarterly earnings, it forecast another year of double-digit sales growth for its two most popular drugs: weight-loss drug Wegovy and diabetes Ozempic. To keep up with demand, Novo is racing to increase production of those drugs, which contain the same active pharmaceutical ingredient, semaglutide, and are delivered in self-injection pens. A healthcare banker, speaking on condition of anonymity, told Reuters after the interview there were many companies in the cardiometabolic space with early-stage drugs that Novo Nordisk may be able to buy.

Persons: Lars Fruergaard Jorgensen, Wegovy, Jorgensen, Novo, Novo's, Jacob Gronholt, Maggie Fick, Terje Solsvik, Emelia, Barbara Lewis Organizations: Novo, Novo Nordisk, Reuters, KBP Biosciences, Nordisk, Pedersen, Thomson Locations: Novo, COPENHAGEN, Singapore, Copenhagen, London

Senator Joe Manchin III said he decided to forgo re-election because he’d accomplished all his goals. But for the Democrats he’s leaving behind in Washington, the work to hold the party’s already slim Senate majority is just beginning. The state has become so conservative that only Wyoming delivered a wider Republican margin in the 2020 presidential race. “This is a huge impact,” Ward Baker, a former executive director for the National Republican Senatorial Committee, the group that oversees Senate races. “Manchin not running will save Republicans a ton of money — and it takes a seat off the board early.”

Persons: Joe Manchin III, he’d, Jim Justice, ” Ward Baker, “ Manchin, ” Organizations: Democrats he’s, Democratic, West Virginian, Republican, National Republican Senatorial Committee Locations: Washington, West Virginia, Wyoming

☆ See inside a tiny-home village that gives homeless people $200-a-month houses — and has a waiting list of 700 people
▼ + stars: | 2023-11-10 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +9 min

Millionaire Marcel LeBrun is building a tiny-home village in Canada, just north of the Maine border. AdvertisementAdvertisementIt's been nearly two years since 12Neighbours, a tiny-home village in Canada, welcomed its first resident. Marcel LeBrun at the 12Neighbours tiny-home village. Take a look inside the 12Neighbours tiny-home village. A resident of the 12Neighbours tiny-home village.

Persons: Millionaire Marcel LeBrun, —, Marcel LeBrun, LeBrun, " LeBrun, 12Neighbours, Marcel LeBrun LeBrun, Marcel LeBrun Every, Randy, Mark Osborne didn't, Marcel LeBrun Samantha Seymour, Marcel LeBrun 12Neighbours, who've, we're, Seymour Organizations: Residents, Service, Fraser Institute, Brunswick, Marcel LeBrun Village, Canadian Broadcasting Company, CBC, New, New Brunswick Housing Locations: Canada, Maine, Fredericton , New Brunswick, Maine , New Brunswick, Fredericton , New, New Brunswick, overpriced, 12Neighbours

☆ Amazon’s top Fresh exec says store reopenings are part of broader grocery revamp
▼ + stars: | 2023-11-10 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

Peters now oversees Amazon Fresh and reports to ex-Tesco executive Tony Hoggett, who leads Amazon's physical stores business. Shoppers check out the sale items as they wait in line for the new Amazon Fresh store to open on E. Colorado Blvd in Pasadena, CA Thursday, September 15, 2022. In addition to the Woodland Hills Fresh store, Amazon reopened locations in nearby Pasadena and Irvine this week, after redesigning two Chicago-area Fresh stores in August. Amazon Fresh store in Los Angeles neighborhood of Woodland Hills Annie Palmer'Where's the butter located?' On Thursday, Amazon said it's opening the Fresh grocery delivery service to everyone in the U.S., after trials in a handful of cities.

Persons: Annie Palmer, Andy Jassy, Claire Peters, Peters, Tony Hoggett, Dilip Kumar, Stephenie Landry, Jeff Bezos, Amazon, Honey Grahams Organizations: Amazon, Woolworths, Amazon Fresh, Tesco, CNBC, Walmart, . Colorado, Medianews, los Angeles Daily, Getty, Citibank, Amazon Web, Woodland, Foods, Alexa Locations: Los Angeles, Woodland, ., Pasadena , CA, Woodland Hills, Amazon, Pasadena, Irvine, Chicago, U.S

As the company's fortunes soar on demand for its popular weight-loss medicine Wegovy, Jorgensen said Novo sought to acquire companies working on medicines in the areas where it is already focused. The company's research and development (R&D) engine is intact and therefore it is unlikely to do transformative deals soon, Jorgensen said. It was the latest in a series of similarly-sized deals the company has done this year. Last week, when reporting quarterly earnings, it forecast another year of double-digit sales growth for its two most popular drugs: weight-loss drug Wegovy and diabetes Ozempic. To keep up with demand, Novo is racing to increase production of those drugs, which contain the same active pharmaceutical ingredient, semaglutide, and are delivered in self-injection pens.

ICBC's U.S. unit told market participants on Friday it was hoping to finish the cyber review over the weekend, but the sources said they expected it would spill into next week. The cyberattack sent ripples through the U.S. Treasuries market, where ICBC acts as a broker for hedge funds and other market participants, helping them trade in the securities. The Chinese parent then injected capital into the U.S. unit, allowing it to settle the trades and pay back BNY Mellon, the sources said. They also told market participants about the capital injection but did not disclose the amount or the reason for it, the sources said. SIFMA, the trade group, organized calls for market participants with updates, the sources said.

Persons: Tingshu Wang, BNY Mellon, ransomware, ICBC, SIFMA, Janet Yellen, Lifeng, Scott Skyrm, Jack McIntyre, Harry Robertson, James Pearson, Naomi Rovinick, Yoruk, Davide Barbuscia, Chris Prentice, Mike Derby, Carolina Mandl, Laura Matthews, Paritosh, Zeba, Megan Davies, Dhara Ranasinghe, Alexander Smith, Richard Chang, Anna Driver Organizations: Asset Management, Fair for Trade, Services, REUTERS, Commercial Bank of China, U.S ., ICBC Financial Services, Securities Industry, Financial Markets Association, ICBC, Treasury, China, U.S, New York Federal Reserve, Securities, Depository Trust, Clearing Corp, Thomson Locations: Beijing, China, ICBC's U.S, U.S, San Francisco, Treasuries, Hong Kong, Shanghai, London, Amsterdam, Carolina, New York

☆ At SpaceX, worker injuries soar in Elon Musk’s rush to Mars
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +35 min

Through interviews and government records, the news organization documented at least 600 injuries of SpaceX workers since 2014. The more than 600 SpaceX injuries Reuters documented represent only a portion of the total case count, a figure that is not publicly available. SpaceX injury data reporting failures SpaceX facilities failed to submit injury data annually, as required by regulators, for most years since 2016. Workers welded rocket parts up to 12 hours a day, six days a week, often in temperatures over 100 degrees Fahrenheit, the SpaceX workers said. The accident occurred when he and other SpaceX employees were being transferred between two vessels.

Persons: Lonnie LeBlanc, LeBlanc, LeBlanc’s, hasn’t, Musk, ”, Tom Moline, Francisco Cabada, Cabada’s, Elon Musk, Ydy Cabada, Kennedy didn’t, Kennedy, “, Jordan Barab, Travis Carson, Carson, entrepreneurism, Jeff Bezos, Chris Cunnington, Phillip Fruge, ” Fruge, ” Carson, Elon, Carson “, Florentino Rios, Rios, Rios inched, Richard Hinojosa, ” Rios, Cabada, Ydy, SpaceX hasn’t, Michael Sanchez, ” Sanchez, Francisco’s, Evelyn Cabada, ” Barab, Boring, Paige Holland, Musk’s, Moline, Gwynne Shotwell, ” Shotwell, Shotwell, CalOSHA, Ann Rosenthal, Steven Trollinger’s, Trollinger, –, Chris Weimer, Ron Weimer Organizations: Elon, SpaceX, U.S . Marine Corps, U.S . Occupational Safety, Health Administration, OSHA, Musk’s, V2, Reuters, Regulators, Kennedy Space Center, U.S . National Aeronautics and Space Administration, NASA, ” Reuters, California OSHA, CalOSHA, ”, Workers, Boeing, Cabada, Boring Company, National Labor Relations Board, billionaire’s, Federal Locations: McGregor , Texas, LeBlanc, amputations, Hawthorne , California, Brownsville , Texas, Redmond , Washington, Florida, Cape Canaveral, California, Brownsville, Texas, Mexico, Moline, Carson, American, SpaceX’s Brownsville, Rios, Hawthorne, Los Angeles, “, ” Holland, Thielen, Holland, Federal, After Texas

☆ How the GOP muzzled the quiet coalition that fought foreign propaganda
▼ + stars: | 2023-11-10 | by ( Kevin Collier | Ken Dilanian | ) www.cnbc.com time to read: +14 min

A once-robust alliance of federal agencies, tech companies, election officials and researchers that worked together to thwart foreign propaganda and disinformation has fragmented after years of sustained Republican attacks. The most recent setback came when the FBI put an indefinite hold on most briefings to social media companies about Russian, Iranian and Chinese influence campaigns. "We're having some interaction with social media companies," Wray said. "The symbiotic relationship between the government and the social media companies has definitely been fractured." Tech companies are still sharing their findings with each other, a Meta spokesperson told NBC News.

Persons: Christopher Wray, Wray, Sen, Mitt Romney, they're, Mark Warner, Warner, Hillary Clinton's, Barack, CISA, Joe Biden, Donald Trump, Hunter, Mark Zuckerburg, Hunter Biden, didn't, Biden, Nina Jankowicz, Jankowicz, Jen, Jim Jordan, Kara Swisher, we're, Elon Musk, wasn't Organizations: U.S, Capitol, Washington , D.C, GOP, FBI, Force, NBC News, Senate Homeland Security Committee, Justice Department, Committee, Republican, Infrastructure Security Agency, Department of Homeland Security, Microsoft, Senate Intelligence, Kremlin, Internet Research Agency, Facebook, Twitter, National Security Agency, Democrats, New, Digital, Republicans, Homeland Security, Wired, Rep, Tech Locations: Washington ,, Silicon Valley, R, Utah, Russia, Iran, China, U.S, Illinois, CISA, New York, Missouri, Louisiana, Ohio, Israel

On Wednesday, Brazil arrested two people on terrorism charges as part of an operation to take down a suspected Hezbollah cell planning attacks on Brazilian soil. Later that day, Mossad publicly thanked Brazil's police and said, "Given the backdrop of the war in Gaza," Hezbollah was continuing to attack Israeli, Jewish and Western targets. A spokesperson for the Israeli Prime Minister's Office, which oversees the Mossad, had no immediate comment. Brazil's Foreign Ministry told Israel this week that the diplomatic relationship would become unsustainable if any harm were to befall the trapped Brazilians, the sources said. The Iranian government and Hezbollah, an Iran-backed group in Lebanon, could not immediately be reached for comment.

Persons: Brazil's, Flavio Dino, Israel, Dino, Luiz Inacio Lula da Silva, Eli Cohen, Mauro Vieira, Vieira, Daniel Zonshine, Jair Bolsonaro, Lula, Zonshine, Andrei Rodrigues, Rodrigues, Gabriel Stargardter, Maytaal Angel, Jonathan Saul, Andrew Heavens, Brad Haynes, David Gregorio, Leslie Adler Organizations: RIO DE, Brazilian Federal Police, Prime, Office, Mossad, Foreign Ministry, Reuters, O Globo, Wednesday's Federal Police, Federal Police, Hezbollah, Thomson Locations: RIO DE JANEIRO, Brazil, Israel, Gaza, Bolivia, Colombia, Chile, Iran, Lebanon

[1/2] A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. The U.S. banking sector was in turmoil in the spring as Silicon Valley Bank abruptly collapsed after grappling with large amounts of unrealized losses spurred by rapidly rising interest rates. She said reinflation was a risk, especially if banks do not correctly anticipate interest rate moves and adjust their portfolios appropriately. That led to unrealized losses across the sector coming under closer scrutiny. Global banking and securities regulators are also still grappling with the fallout from the collapse of Credit Suisse Group (CSGC.UL).

Persons: Sarah Silbiger, Ana Arsov, Arsov, reinflation, ” Arsov, Tim Wennes, Paul Servais, Paritosh Bansal Tatiana Bautzer, Megan Davies, Lisa Shumaker, David Gregorio Our Organizations: El Progreso Market, Washington , D.C, REUTERS, Reuters, Banco Santander, Global, Credit Suisse Group, UBS, Jean, International Organization of Securities Commissions, Financial, Swiss, Thomson Locations: Mount Pleasant, Washington ,, U.S, SVB

People check new products of Xiaomi ahead of the 2023 Mobile World Congress in Barcelona, Spain February 26, 2023. Demand in the world's biggest smartphone market has long been in decline, with the COVID-19 pandemic and then a faltering economic recovery persuading customers to wait longer before upgrading their phones. IDC predicts the Chinese market is on track to achieve year-on-year sales growth in the fourth quarter after ten consecutive quarters of decline. U.S. chip designer Qualcomm also said last week that it is seeing strong demand from smartphone companies, especially in China. The Mi 14 series, priced between 3,999 yuan and 6,499 yuan ($550-$890), represents an attempt by Xiaomi to make deeper inroads into the premium smartphone market and compete with Apple (AAPL.O) and Huawei.

Persons: Nacho, Lei Jun, Will Wong, Qualcomm, Xiaomi, Yelin Mo, Brenda Goh, Edwina Gibbs Organizations: REUTERS, Rights, HK, Weibo, IDC, Huawei, Apple, Thomson Locations: Barcelona, Spain, Rights BEIJING, China, U.S

☆ Opinion | Are We Looking at George H.W. Biden?
▼ + stars: | 2023-11-09 | by ( Frank Bruni | ) www.nytimes.com time to read: +3 min

It breaks your heart, but as Carly Simon sang, there is more room in a broken heart. And yet here we are, atoms with consciousness, each of us a living improbability forged of chaos and dead stars. Flagg’s highlight mixtapes are downright gratuitous — look at him reducing these poor kids into piles of gristle and bone! It should honestly come with a content warning.” (Matthew Dallett, Brooklin, Maine)In The Wall Street Journal, Jason Gay rendered a damning (and furry!) Maybe the dog lies down and chews a big stick.” (Paul Shikany, the Bronx)

Persons: Anne Lamott, Carly Simon, ”, Melissa France, Steve Aldrich, Maria Popova, “, “ Oppenheimer, Jo Radner, James Bennet, Donald Trump, Mitt Romney, Trump, Romney, bankrupting bender, Roger Tellefsen, Luke Winkie marveled, Cooper Flagg, Flagg, Matthew Dallett, Jason Gay, Paul Shikany Organizations: Washington Post, Times, Republicans, Duke basketball, Street Locations: Washington, Flemington, N.J, Minneapolis, Bulgarian, Lovell , Maine, Berwyn, Pa, Brooklin , Maine, Bronx

☆ EU Aims to Resolve U.S. Steel Dispute by Year End
▼ + stars: | 2023-11-09 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BRUSSELS (Reuters) - The European Commission is aiming to reach an agreement on steel and aluminium with the United States by the end of the year to bring a definitive end to U.S. import tariffs on the metals, Commission Vice President Vera Jourova said on Thursday. U.S. and EU negotiators failed to reach an agreement at a summit on Oct. 20 on measures to address overcapacity in non-market economies, such as China, and promote greener steel. The Biden administration had suspended the tariffs on EU steel and aluminium imposed by former U.S. President Donald Trump in 2018 on condition that a deal was reached by the end of October. Many lawmakers expressed concern that the talks had dragged on without success, but Jourova said the two sides had made "important progress". Jourova said the EU wanted to get an agreement "over the finishing line", but gave no envisaged deadline.

Persons: Vera Jourova, Biden, Donald Trump, Jourova, Philip Blenkinsop, Bernadette Baum Organizations: European, EU, U.S, United Locations: BRUSSELS, United States, China

Search resuls for: "Oversees"

25 mentions found