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☆ Portfolio manager names 3 under-the-radar growth stocks to buy right now
▼ + stars: | 2024-05-10 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

One investor says growth stocks still offer opportunities — but it's time to get selective. "Growth stocks will continue to outperform value stocks, generally speaking. Growth stocks are expected to grow rapidly, but do not pay out dividends and are often often more expensive than so-called value stocks. When considering which stocks to buy, Coons stressed the importance of valuations. "I would stay away from growth stocks outperforming because of story and invest in those with real revenue and earnings growth."

Persons: Adam Coons, Coons, PayPal Holdings Coons, " Coons, Moody's Organizations: Winthrop Capital Management, CNBC Pro, PayPal Holdings, PayPal, C Technologies, SS Locations: Coons

☆ Jim Simons, billionaire hedge fund founder, dies at 86
▼ + stars: | 2024-05-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. According to his foundation, Simons was fired from the institute in 1968 due to his opposition to the Vietnam War. Simons then joined the faculty at Stony Brook University as the head of the school’s mathematics department. Last year, Simons’ foundation donated $500 million to Stony Brook’s endowment, the largest unrestricted gift to an American university in history, according to the Simons Foundation. “I joined Stony Brook University in 1968 as chair of their Department of Mathematics,” Simons said at the time.

Persons: Jim Simons, Simons, ” Simons, “, ” Organizations: CNN, Simons, Technologies, Massachusetts Institute of Technology, University of California, MIT, Harvard University, Institute for Defense, National Security Agency, Stony Brook University, Renaissance Technologies, Simons Foundation, of Mathematics Locations: New York City, Newton , Massachusetts, Berkeley, Princeton , New Jersey, Vietnam, American

☆ Fat Brands and chair Andy Wiederhorn indicted in $47 million 'sham' loan scheme
▼ + stars: | 2024-05-10 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks. Fat Brands, Wiederhorn and a few other people were criminally indicted by a federal grand jury in Los Angeles for wire fraud, tax evasion and other counts related to the alleged scheme. "These charges are unprecedented, unwarranted, unsubstantiated and unjust," Fat Brands counsel Brian Hennigan said in a statement. As chief executive of Fat Brands, Wiederhorn, 58, allegedly directed the company to loan its own funds to him, with no intention of ever paying the "sham" loans back, according to the indictment. He also did not report any of the so-called loans from Fat Brands as income, according to the indictment.

Persons: Andy Wiederhorn, Johnny, Brian Hennigan, Wiederhorn, overreach —, Nicola Hanna, Wiederhorn's, Thayer, Ron Roe, Rebecca Hershinger, William Amon Organizations: Brands, Johnny Rockets, U.S . Securities, Exchange Commission, Fat Brands, SEC, Fog, Wiederhorn Locations: Los Angeles, Oregon, U.S

☆ Ilon Specht, Who Empowered Women With ‘I’m Worth It’ Ad, Dies at 81
▼ + stars: | 2024-05-10 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

Ms. Specht was a copywriter at the McCann-Erickson (now McCann) agency in Manhattan. L’Oréal was using Preference, a relatively new product, to challenge the market dominance of Clairol’s Nice ‘n Easy. “We were sitting in this big office and everyone was discussing what the ad should be,” Ms. Specht told Malcolm Gladwell of The New Yorker in 1999. “They wanted to do something with a woman sitting by a window and the wind blowing through the curtains. You know, one of those fake places with big glamorous curtains.

Persons: Ilon Specht, Brady Case, Ms, Specht, McCann, Erickson, L’Oréal, Malcolm Gladwell, “, ” Organizations: Yorker Locations: Barrington, R.I, Providence, Manhattan

☆ Zelensky sacks bodyguard chief after foiled assassination plot
▼ + stars: | 2024-05-10 | by ( Mariya Knight | ) edition.cnn.com time to read: +2 min

CNN —Ukrainian President Volodymyr Zelensky dismissed the head of the the agency responsible for his protection after two of its officers were detained over an alleged assassination plot against him. The sacking of State Guard Service (UDO) chief Serhii Rud was revealed in a decree published on the presidential website. According to Ukrainian state media Ukrinform, Rud was appointed to be Zelensky’s top bodyguard in October 2019. Earlier this week it emerged that Ukraine had detained two security officials allegedly involved in a Russian plot to assassinate Zelensky. The prosecutor’s office said one of the suspects received two drones and ammunition from Russia’s state security service (FSB), which they intended to transfer to another accomplice to carry out an explosion.

Persons: Volodymyr Zelensky, UDO, Serhii Rud, Rud, Zelensky, ”, General’s, Vasyl Maliuk, Kyrylo Organizations: CNN, State Guard Service, Ukraine, Ukrainian, Defence Intelligence Locations: Ukrainian, Ukraine, Russia

☆ Britain Shakes Off Recession as Economy Grows Faster Than Expected
▼ + stars: | 2024-05-10 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

In the first three months of the year, economic growth was driven by the services sector, which expanded for the first time in a year, statistics agency said. Transport services, legal services and scientific research all grew strongly, but services that include hotels and restaurants fell slightly, and the construction sector contracted sharply. per person grew 0.4 percent in the first quarter, following seven consecutive quarters of decline. Some sectors like professional services and technology have been doing well, but others like hospitality have struggled, she said. Household spending, adjusted for inflation, grew 0.2 percent, following two quarters of declines, the statistics agency said.

Persons: ”, Tera Allas, Ms, Allas Organizations: Transport Locations: McKinsey’s Britain, Ireland

☆ Ukraine says it flew a drone 930 miles into Russian territory to strike an oil refinery
▼ + stars: | 2024-05-10 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewUkraine's latest aerial attack on Russian soil is its farthest one yet, Ukrainska Pravda reported, with officials saying a drone traveled 930 miles to strike an oil refinery far inside Russia's borders. AdvertisementThe strike, which has not been independently confirmed, would represent a distance record in Ukraine's ever-more ambitious series of drone strikes on Russian energy facilities. In early April, Ukraine demonstrated its drones' increasing reach after Russian officials reported strikes 620 miles inside their country. Related storiesReports claim that the White House has reached out to President Volodymyr Zelenskyy to signal its concern that hitting Russia's oil production will destabilize global energy prices. The strikes have also led to a surge in the price of refined oil products within Russia itself, they argued.

Persons: —, Ukrainska, Radiy Khabirov, Volodymyr Zelenskyy, Michael Liebreich, Lauri Myllyvirta, Sam Winter, Levy, Carnegie, Sergey Vakulenko, Ann Marie Dailey Organizations: Service, Ukrainska Pravda, Ukraine's Security Service, Gazprom, Business, RIA Novosti, Russian, White, Bloomberg New Energy Finance, Foreign Affairs, RAND Corporation Locations: Russian, Bashkortostan, Ukraine's, Ukraine, Russia

James Lemons was carrying daughter Kensley on his shoulders at the Kansas City Chiefs Super Bowl parade when he felt a bullet enter the back of his right thigh. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. In the chaos of being shot at the Kansas City Chiefs Super Bowl parade, then hospitalized, Sarai Holguin lost her purse and cellphone. A bullet went through the jaw of Mireya Nelson during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024. Erika NelsonMireya Nelson, who was shot during the Kansas City Chiefs Super Bowl parade on Feb. 14, 2024, undergoes her first physical therapy session while still in the hospital.

Persons: James Lemons, Sarai Holguin, Mireya Nelson, it’s, ” Lemons, Nelson, Lemons, Kensley, Detectives, ”, —, Jaxson, “ I’m, Brandie, I’m, “ I’ve, I’ll, Leslie Carto, Brendan Campbell, Campbell, Louis, ” Punch, Bram Sable, “, They’ve, ’ Sarai Holguin, Holguin, she’d, Cesar, Christopher Smith, Lisa Lopez, Galvan, Lopez, didn’t, ” Holguin, “ It’s, ” Campbell, Holguin isn’t, Erika, Mireya, ” Mireya, ” Erika, aren’t, Punch, Erika Nelson Mireya Nelson, Erika Nelson Mireya, ’, Dr, Sanjay Gupta, Erika doesn’t Organizations: CNN, Kansas City Chiefs Super, Chiefs, University Health, ” University Health, Surgeons, Connecticut Children’s, Control, American College of Surgeons, Trauma, KFF, Union, KFF Health, Mexican Consulate, Centers for Disease Control, Get CNN, CNN Health, KC Locations: Mexico, U.S, Holguin, Harrisonville , Missouri, Kansas City, Connecticut, St, Puebla, Missouri, Mexican, Jackson, Belton , Missouri, downtown, KCUR

☆ Why tonight’s massive solar storm could disrupt communications and GPS systems
▼ + stars: | 2024-05-10 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

NOAA’s severe space weather watch suggests the storm could trigger numerous effects for life on Earth, possibly affecting the power grid as well as satellite and high frequency radio communications. Moreover, the changes to the ionosphere can block or degrade radio transmissions trying to pass through the atmosphere to reach satellites. And they can also prevent radio transmissions from successfully bouncing off the ionosphere — which some radio operators normally do to increase the range of their signals. The Cybersecurity and Infrastructure Security Agency outlined a similar report in a 2021 presentation on space weather, finding that line-of-sight radio transmissions are generally not affected by space weather except in specific situations. The largest known geomagnetic storm in history, known as the Carrington Event of 1859, caused telegraph stations to spark and catch fire.

Persons: Washington CNN — Buckle, “ SWPC, Ashley Strickland Organizations: Washington CNN, Oceanic, Atmospheric Administration, Communications, NOAA, Prediction, Federal Emergency Management Agency, Infrastructure Security Agency Locations: Xinjiang Uygur Autonomous Region, China, Quebec, Canada, Sweden, South Africa

☆ Aid for Gazans Has Come to a Near-Total Halt
▼ + stars: | 2024-05-10 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

Southern Gaza is running dangerously low on essentials like food and medicine, after the flow of aid has come to a near-total stop — first closed off by Israel and then further restricted, officials say, by Egypt. It also temporarily shut down the other crucial southern crossing, known as Kerem Shalom, after a nearby Hamas attack killed four Israeli soldiers on Sunday. Egypt, where most of the aid to Gaza is collected and loaded, is resisting sending trucks toward Kerem Shalom, according to U.S. and Israeli officials. They believe that Egypt is trying to pressure Israel to pull back from its operation in Rafah. Egypt fears that the Rafah operation could push Palestinian refugees onto Egyptian soil — an outcome the country views as a national security threat.

Persons: —, Kerem Shalom Locations: Southern Gaza, Israel, Egypt, Gazan, Rafah, Gaza, Kerem

☆ Cannabis Rollout Hampered by Inexperienced Leadership, N.Y. Report Finds
▼ + stars: | 2024-05-10 | by ( Ashley Southall | ) www.nytimes.com time to read: +1 min

A startup-like culture at the state cannabis agency has contributed to “confusion, difficulty and delay” in the rollout of the state’s legal market, according to a report set to be released on Friday. Kathy Hochul in March after she declared the rollout a “disaster,” paints the clearest picture yet of a licensing process that has been criticized as clunky and opaque. It also outlines ways to clear roadblocks that have helped the illicit market steal the advantage the state had intended for small businesses and people who were harmed by the war on drugs. There are just 122 licensed recreational dispensaries open across the state, while officials say the number of illicit shops in New York City alone has nearly doubled to 2,900. At the end of April, nearly 4,900 applications for retail and craft businesses were still waiting to be reviewed, some from as far back as August 2022.

Persons: Kathy Hochul Organizations: Cannabis Management, Gov Locations: New York City

☆ Could your buy now, pay later loans affect your credit score? Here's what you need to know
▼ + stars: | 2024-05-10 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

But there's one place they're notable absent: your credit report. Earlier this year, Apple became the first major BNPL provider to start reporting all user account information to a credit reporting agency. Providers including AfterPay, Affirm and Klarna already report some loans to the credit bureaus and experts say more are likely to follow, paving the way for a consumer's BNPL history to factor into their credit history and ultimately their credit score. (One of the main aspects of a credit score comes down to your history of paying bills on time.) When BNPL credit reporting could sting

Persons: Klarna, Liz Pagel, BNPL, Wells, Tim Quinlan, Ethan Dornhelm, TransUnion's, Silvio Tavares, Tavares, Pagel Organizations: Apple, Adobe Analytics, CNBC, Finance Locations: TransUnion, Wells Fargo

☆ U.S. FAA delaying start of new air traffic control rest requirements
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Virgin Atlantic Airways Airbus A350-1000 aircraft seen taxiing in front of the air traffic control tower at London Heathrow airport in U.K. The U.S. Federal Aviation Administration said Wednesday it is delaying requiring air traffic controllers to get 10 hours off between shifts and 12 hours off before a midnight shift. FAA Administrator Mike Whitaker said on April 19 the new rules would take effect in 90 days. FAA Air Traffic Organization Chief Operating Officer Timothy Arel said the timetable will be delayed as the agency holds discussions with the controllers' union with the hope "to have a joint agreement and understanding on new rest periods to allow for joint development of a strategy for implementing" the 2025 schedule "or sooner where feasible."

Persons: Mike Whitaker, Timothy Arel Organizations: Virgin Atlantic Airways Airbus, U.S . Federal Aviation Administration, FAA Air Traffic Organization Locations: London

The Major Supreme Court Cases of 2024No Supreme Court term in recent memory has featured so many cases with the potential to transform American society. In 2015, the Supreme Court limited the sweep of the statute at issue in the case, the Sarbanes-Oxley Act of 2002. In 2023, the Supreme Court temporarily blocked efforts to severely curb access to the pill, mifepristone, as an appeal moved forward. A series of Supreme Court decisions say that making race the predominant factor in drawing voting districts violates the Constitution. The difference matters because the Supreme Court has said that only racial gerrymandering may be challenged in federal court under the Constitution.

Persons: Donald J, Trump, Anderson, Sotomayor Jackson Kagan, Roberts Kavanaugh Barrett Gorsuch Alito Thomas, Salmon, “, ”, Mr, Nixon, Richard M, privilege.But, Fitzgerald, Vance, John G, Roberts, Fischer, Ruth Bader Ginsburg, Clarence Thomas, Samuel A, Alito Jr, Alito, ’, Moyle, Wade, Roe, Johnson, Robinson, Moody, Paxton, Robins, Media Murthy, Sullivan, Murthy, Biden, Harrington, Sackler, Alexander, Jan, Raimondo, ” Paul D, Clement, Dodd, Frank, Homer, Cargill Organizations: Harvard, Stanford, University of Texas, Trump, Liberal, Sotomayor Jackson Kagan Conservative, Colorado, Former, Trump v . United, United, Sarbanes, Oxley, U.S, Capitol, Drug Administration, Alliance, Hippocratic, Jackson, Health, Supreme, Labor, New York, Homeless, Miami Herald, Media, Biden, National Rifle Association, Rifle Association of America, New York State, Purdue Pharma, . South Carolina State Conference of, Federal, Loper Bright Enterprises, . Department of Commerce, Chevron, Natural Resources Defense, ”, SCOTUSPoll, Consumer Financial, Community Financial Services Association of America, Securities, Exchange Commission, Exchange, Occupational Safety, Commission, Lucia v . Securities, Federal Trade Commission, Internal Revenue Service, Environmental Protection Agency, Social Security Administration, National Labor Relations Board, Air Pollution Ohio, Environmental, Guns Garland, Alcohol, Tobacco, Firearms, Explosives, National Firearms, Gun Control Locations: Colorado, Trump v . United States, United States, Nixon, Florida, Gulf of Mexico, Dobbs v, Idaho, Roe, Texas, States, New, New York, Grants, Oregon, . California, Martin v, Boise, Boise , Idaho, Missouri, Parkland, Fla, Murthy v . Missouri, . Missouri, ., South Carolina, Alabama, SCOTUSPoll, Lucia v, Western

☆ 40-year-old paid off $20,000 in credit card debt—her No. 1 piece of advice
▼ + stars: | 2024-05-09 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

After paying down around $20,000 in credit card debt, Shonnita Leslie cut up her cards to avoid sinking that deep into debt again. 1 piece of advice is to seek out a reputable credit counseling agency that specializes in debt management like she did. In order to clear her credit card debt, Leslie partnered with a financial wellness and debt counseling service. With that plan in place, Leslie was able to eliminate her credit card debt in six years. If you're feeling overwhelmed by credit card debt, you have other options as well.

Persons: Shonnita Leslie, Leslie, Ted Rossman Organizations: CNBC

☆ Neuralink’s first brain chip implant developed a problem — but there was a workaround
▼ + stars: | 2024-05-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The first test subject for Neuralink, Elon Musk’s brain chip implant startup, has developed a problem just a few weeks after it was inserted. But the company said it was able to make the implant more sensitive to increase its performance even further. About a month after the operation, Musk said Arbaugh could control a computer mouse with his brain after having the chip implanted. Like existing brain-machine interfaces, the company’s implant would collect electrical signals sent out by the brain and interpret them as actions. Before Neuralink’s brain implants hit the broader market, they’ll need broader regulatory approval.

Persons: Elon, Noland, ” Neuralink, Musk, Stephen Hawking, ” Musk, Neuralink, – CNN’s Clare Duffy Organizations: New, New York CNN, Neuralink, Consumers, Drug, Wall Street Locations: New York

☆ IRS reminder: Time to claim $1 billion in tax refunds from 2020 expires on May 17
▼ + stars: | 2024-05-09 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

There is $1 billion in unclaimed 2020 tax refunds up for grabs — but the last chance to file returns and collect the money is approaching. Nearly 940,000 taxpayers have until May 17 to file 2020 returns and claim their refund, the IRS said in a "final reminder" this week. The deadline is "terribly important" because there's a three-year refund expiration after each tax deadline, said certified public accountant John Karls, partner at accounting firm Armanino. "If you let if you let it slip, there's nothing anybody can do," said Bill Smith, national director of tax technical services at financial services firm CBIZ MHM. "You won't get your refund when the statute of limitations has run out."

Persons: —, John Karls, Roth, Bill Smith, CBIZ Organizations: Finance

☆ Opinion: The problem with space junk – and how to solve it
▼ + stars: | 2024-05-09 | by ( Opinion Moriba Jah | ) edition.cnn.com time to read: +6 min

This incident serves as an example of the urgent need for a profound shift toward sustainable space practices. Proponents of a circular space economy advocate for a transformative departure from this wasteful paradigm. Much like embracing reusable materials on Earth, transitioning to a circular space economy means designing space systems with reuse, refurbishment and recyclability in mind. The European Space Agency (ESA) has emerged as a trailblazer in the pursuit of a circular space economy. By leading the charge toward sustainable space practices, NASA can inspire other space agencies and private companies to follow suit.

Persons: Moriba Jah, Otero, Moriba Jah Mark Thiessen, wasn’t, I’m, Artemis Organizations: MacArthur Fellowship, University of Texas, CNN, Space, European Space Agency, ESA, NASA, Space Shuttle, Twitter, Facebook Locations: Austin, Naples , Florida, Naples

☆ Digital ad firm The Croud Group is actively on the hunt for a new private-equity investor
▼ + stars: | 2024-05-09 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

UK digital marketing firm The Croud Group is working with the investment bank GP Bullhound to search for a new private-equity investor, according to multiple sources familiar with the matter. Croud is already PE-backed, having taken on a 30 million pound, or around $28 million, minority investment from LDC in 2019. This story is available exclusively to Business Insider subscribers. But unlike some of its closest competitors, Croud hasn't been particularly acquisitive since it took on LDC's investment in 2019. "The valuation expectations would have been very high for Croud," Rosie McKeith, SI Partners director, told Business Insider.

Persons: Bullhound, Croud, Luke Smith, Smith, Ben Knight, Greg Paull, it's, Croud hasn't, Rosie McKeith, McKeith, OakNorth Organizations: Business, OakNorth Partners, HSBC, Campaign, Harvest, Croud, Ford, Guinness, Impakt Advisors, Partners Locations: LDC, Ford Europe, Dubai, OakNorth

☆ Apple apologizes for iPad Pro ad showing hydraulic press destroying guitars, piano
▼ + stars: | 2024-05-09 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple took on Thursday the unusual step of apologizing for a short advertising video promoting the company's new iPad Pro tablet after the ad was roundly criticized on social media. Apple CEO Tim Cook posted the spot on X, formerly Twitter, on Tuesday. Apple has also decided not to run the ad on TV, Ad Age said. It isn't the first Apple iPad ad in recent years to annoy some customers. In 2018, some people said they were annoyed by an iPad Pro spot in which a child asks, "What's a computer?"

Persons: Tim Cook, Joko Widodo, Apple, Tor Myhren Organizations: Apple, YouTube, \ Media, Lab Locations: Jakarta, Indonesia

☆ China's imports jump 8.4% in April, exceeding expectations as purchases from the U.S. grow
▼ + stars: | 2024-05-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Aly Song | ReutersBEIJING — China's customs agency released data Thursday that showed exports rose in-line with expectations in April, while imports surged ahead of forecasts. Worldwide, China's exports rose by 1.5% year-on-year in April in U.S. dollar terms, while imports climbed by 8.4%, the data showed. China's exports to ASEAN rose by 8% in April from a year ago, while imports rose by 5%. In April, China's imports and exports of integrated circuits rose from a year ago, the data showed. By volume, China's exports of cars, LCD panel displays and home appliances rose, while exports of cellphones fell slightly.

Persons: Aly Song Organizations: Reuters, CNBC, U.S, Association of Southeast, ASEAN Locations: Yangshan, Shanghai, China, Reuters BEIJING, U.S, Union, Russia, Nations, Vietnam, Mexico

☆ Chad’s Military Ruler Is Announced as Winner of Disputed Election
▼ + stars: | 2024-05-09 | by ( Ruth Maclean | More About Ruth Maclean | ) www.nytimes.com time to read: +1 min

Celebratory gunshots rang out in the capital of the Central African nation of Chad on Thursday night after its military ruler, President Mahamat Idriss Déby, was declared the winner of a highly scripted presidential election on national television. Two hours before the official broadcast, a “resounding victory” had been claimed by his main challenger, Succès Masra, the opposition leader who has been the country’s prime minister since January, after he returned from exile abroad and made a deal with Mr. Déby. But the preliminary results announced by Chad’s National Elections Management Agency depicted a resounding victory for the other side. Mr. Déby, it said, won 61 percent of the vote, and Mr. Masra 18.5 percent. Many analysts saw the result of Chad’s election as a foregone conclusion, and one that had been masterminded by a supposedly transitional government that never had any intention of relinquishing power.

Persons: Mahamat Idriss Déby, ”, Succès Masra, Déby Organizations: Central, Mr, Chad’s National Elections Management Agency Locations: Central African, Chad

Seoul, South Korea CNN —South Korea’s leader on Thursday said he plans to create a new government ministry to tackle the “national emergency” of the country’s infamously low birth rate as it grapples with a deepening demographic crisis. In a televised address, President Yoon Suk Yeol said he would ask for parliament’s cooperation to establish the Ministry of Low Birth Rate Counter-planning. “We will mobilize all of the nation’s capabilities to overcome the low birth rate, which can be considered a national emergency,” he said. South Korean President Yoon Suk Yeol at a press conference in Seoul, South Korea, on, May 9, 2024. Countries like South Korea, Japan and China, however, have shied away from mass immigration to tackle the decline in their working age populations.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kyung, Fumio Kishida Organizations: South Korea CNN, of, South, AP, Korea, Families Agency Locations: Seoul, South Korea, Korea, Japan, China

☆ Thailand decriminalized cannabis 2 years ago. Its prime minister wants to ban it again.
▼ + stars: | 2024-05-09 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Thailand's prime minister has called for a ban on recreational cannabis in a major U-turn. Thailand was the first Asian country to decriminalize cannabis for recreational use in 2022. AdvertisementThailand's prime minister wants to ban cannabis just two years after his country decriminalized it for recreational use. AdvertisementThailand was the first Southeast Asian country to legalize medical cannabis in 2018, and the first Asian country to decriminalize recreational cannabis in 2022, according to Forbes. Other countries have legalized or decriminalized cannabis for recreational use in recent years, including Canada, Germany, Mexico, and South Africa.

Persons: Thailand's, Srettha Thavisin, —, Thavisin, Anutin Charnvirakul Organizations: Service, country's Ministry of Public Health, Forbes, New York Times, Bloomberg, District of Columbia, Prohibition Partners, Thailand's Center, Addiction Locations: Thailand, Thai, Canada, Germany, Mexico, South Africa

☆ FBI watching if US support for Ukraine will spur Russian risk taking in 2024 election
▼ + stars: | 2024-05-09 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —US intelligence officials are watching closely to see if the United States’ support for Ukraine will lead the Russian government to take more risks in potentially interfering in the 2024 presidential election, a senior FBI official told reporters Thursday. “We’re certainly… keeping our eye out to make sure that that’s not increasing [their] risk taking.”The FBI briefed reporters on the condition that the senior FBI officials not be named. The FBI official’s comments on Thursday echo those made by a senior National Security Agency official in March. “Russia can use their access to those government networks to undermine confidence in the US election integrity and bolster influence operations,” the second FBI official said. The FBI officials also singled out China and Iran as other governments that could be willing to interfere in or influence the 2024 US election.

Persons: Joe, “ We’re, ”, Donald Trump, Vladimir Putin, denigrate Biden, Trump, weren’t, Hillary Clinton’s, “, ” Rob Joyce, Joyce, ” CNN’s Marshall Cohen Organizations: CNN, FBI, Ukraine, GOP, National Security Agency Locations: United States, Ukraine, Russian, Ukraine –, Kyiv, Russia, China, Iran

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