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☆ ICJ Expected to Rule on Israel’s Assault on Rafah: Live Updates
▼ + stars: | 2024-05-24 | by ( Gaya Gupta | ) www.nytimes.com time to read: +3 min

Another Israeli legal adviser, Tamar Kaplan Tourgeman, said that hundreds of trucks carrying humanitarian supplies had entered Kerem Shalom last week. The hearings are part of South Africa’s case accusing Israel of genocide, which it filed in December. In late January, the court ordered Israel to do more to prevent acts of genocide, but it stopped short of calling for a cease-fire. The main case, dealing with the accusation of genocide, is not expected to start until next year. The request must be approved by the court’s judges, but it further isolated Israel on the world stage.

Persons: Israel, Kerem Shalom, ”, Gilad Noam, Tamar Kaplan Tourgeman, Kerem, Benjamin Netanyahu, Yoav Gallant Organizations: International Court of Justice, United Nations ’, South, Kerem Shalom, International Court, Justice, Criminal Court Locations: The Hague, South Africa, Israel, Rafah, Gazan, Gaza, Kerem, Israeli, South

☆ Crows can count much in the same way as human toddlers, study finds
▼ + stars: | 2024-05-24 | by ( Scottie Andrew | ) edition.cnn.com time to read: +8 min

Can crows count much like toddlers do? The research was inspired by toddlers learning to count, said lead study author Diana Liao, a neurobiologist and senior researcher at the Tübingen lab. “They understand abstract numbers … and then plan ahead as they match their behavior to match that number,” Williams said. The study by Liao and her colleagues isn’t even the first to consider whether crows can count. The crows’ counting abilities “seem to exceed the demands which survival makes for such abilities,” he wrote.

Persons: ”, Heather Williams, ” Williams, Diana Liao, Liao, caws Liao, peck, ” Liao, We’re, B.F, Skinner, Kevin McGowan, McGowan wasn’t, McGowan, they’re, Andreas Nieder, isn’t, Nicholas Thompson, Irene Pepperberg, Pepperberg, Alex, Thompson Organizations: CNN, University of, Williams College, Cornell, of Ornithology, University of Tübingen, Boston University, Tübingen Locations: Germany, Massachusetts, Ithaca , New York

☆ Federal judge makes key rulings ahead of Hunter Biden’s trial on gun charges in June
▼ + stars: | 2024-05-24 | by ( Marshall Cohen | Tierney Sneed | ) edition.cnn.com time to read: +5 min

Wilmington, Delaware CNN —The judge in Hunter Biden’s gun case issued a series of pretrial rulings Friday, handing wins to both sides and setting the contours of the upcoming trial. Federal Judge Maryellen Noreika sided with prosecutors on a key question about what they need to prove about Biden’s drug use when he bought a gun in 2018. Prosecutors said in court that they only want to introduce a small slice of the laptop material at trial. Lawyers said the trial could last up to two weeks, including jury selection, with the potential to go longer. She also limited what references prosecutors could make at trial to his lavish spending habits at the time of the gun purchase, narrowing such evidence to spending connected to drug use.

Persons: Hunter, Maryellen Noreika, Biden, David Weiss ’, Prosecutors, Derek Hines, Weiss, ”, Abbe Lowell, “, ” Lowell, Noreika Organizations: Delaware CNN, Federal, Prosecutors, Lawyers, Alcohol, Tobacco, Firearms, Explosives, Navy Locations: Wilmington, Delaware, California, Arkansas

☆ Telecom firms say 5G is transforming industries from farming to manufacturing as they build in security from the start
▼ + stars: | 2024-05-24 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +8 min

With 5G, organizations now have faster internet speeds, expanded capabilities, and an additional avenue of connectivity. Telecom companies can also provide private 5G networks to businesses, offering them low latency and high bandwidth to transfer large volumes of data securely. For example, NTT, a Japanese telecom company, offers 5G services to consumers and private 5G services to businesses, particularly in the manufacturing and automotive industries. Increasingly, more cellular and Internet of Things devices are being connected to organizations' 5G networks, which means more opportunities for hackers if organizations don't properly manage their security. In the future, more security companies could focus on 5G security for cars, airplanes, medical devices, and more.

Persons: —, Christine Gadsby, Chris Novak, Novak, Shahid Ahmed, Gadsby, Casey Ellis, he's, Bugcrowd, Ellis, We're, Matsubara Organizations: RSA, 5G, Service, cybersecurity, Business, BlackBerry, Telecom, Verizon Business, NTT, Mobile Locations: San Francisco, Japanese, cybersecurity, China

☆ Billionaire investor Barry Sternlicht, master of the downturn, is now embroiled in one
▼ + stars: | 2024-05-24 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +6 min

Read previewBarry Sternlicht became a real estate billionaire by snapping up commercial properties on the cheap during market downturns. The 63-year-old Miami-based executive, who built his firm Starwood Capital into a more than $100 billion real estate investment behemoth, has now found himself on the flipside of that formula. The situation is a reversal of fortune for Sternlicht, who is more used to capitalizing on real estate dips than becoming entangled in them. But investor sentiment darkened as interest rates rose and put pressure on real estate asset values. "They're concerned that there may be more markdowns in net asset value if interest rates stay higher for longer.

Persons: —, Barry Sternlicht, SREIT, Sternlicht, Matt Malone, REITs, Malone, Kevin Gannon, Gannon, Jon Mechanic, Fried Frank, Mechanic, Barry Organizations: Service, Starwood Capital, Starwood, Income Trust, Business, Federal Reserve, Shareholders, Westin, Caesars, Opto Investments Locations: Miami, Vegas, SREIT

☆ Special counsel asks judge for gag order in Trump classified documents case
▼ + stars: | 2024-05-24 | by ( Katelyn | ) edition.cnn.com time to read: +7 min

CNN —Special counsel’s office prosecutors on Friday asked a federal judge in Florida to place a gag order on Donald Trump that would limit his ability to comment about law enforcement that searched his Mar-a-Lago resort. The same standard FBI policy was used in the searches of President Joe Biden’s homes and offices in a separate classified documents investigation. The prosecutors say the gag order is needed to protect the integrity of the criminal case and law enforcement officers associated with it. Prosecutors noted that Trump has been amplifying accusations about the FBI in the search on his Truth Social account Friday. In a notably direct pushback to Trump, Attorney General Merrick Garland on Thursday addressed the claims that Trump has made about the FBI search at Mar-a-Lago.

Persons: Donald Trump, Trump, Joe Biden’s, Jack Smith, Aileen Cannon, Cannon, “ Trump‘s, ”, Trump’s, “, Steven Cheung, Biden, General Merrick Garland, ” Garland, Biden’s Organizations: CNN, FBI, Prosecutors, Secret Service, Trump, Mar, Justice Department Locations: Florida, Lago, Mar, Washington, Trump, Cincinnati, New York, DC

☆ What your belly button reveals about your body
▼ + stars: | 2024-05-24 | by ( Dan Baumgardt | University Of Bristol | ) edition.cnn.com time to read: +6 min

For some, they are the thing of nightmares – omphalophobia (the fear of belly buttons) is a real condition. Whatever your feelings about belly buttons, one thing’s for sure - it once joined you to your mother. The umbilical cord is severed at birth to leave just a small clamped stump that progressively withers and falls away a week or two later. From this point, the belly button seems to become redundant – other than to gather dust and fluff. This circulation is not needed after the baby is born, and once disconnected from the placenta the umbilical vessels naturally close up.

Persons: – omphalophobia, that’s, Mary Joseph Dempsey, William Mayo, Mary Joseph, Dempsey, Hamilton Bailey, Mary Joseph’s, caput, Medusa, Perseus, Dan Baumgardt Organizations: CNN, Mayo, of Physiology, University of Bristol Locations: Minnesota, Mayo, United Kingdom

☆ UN’s top court orders Israel to ‘immediately’ halt its operation in Rafah
▼ + stars: | 2024-05-24 | by ( Abbas Al Lawati | ) edition.cnn.com time to read: +7 min

CNN —The United Nations’ top court has ordered Israel to immediately halt its controversial military operation in the southern Gaza city of Rafah, further increasing international pressure on Israel over its war against Hamas. Israel began a limited ground offensive in Rafah on May 7, defying calls from the international community, including the United States, not to proceed. More than a million Palestinians were taking shelter there before Israel started its operation, but the court noted that around 800,000 have since been displaced. Ambassador of the Republic of South Africa to the Netherlands, Vusimuzi Madonsela, waits for judges to enter the International Court of Justice in The Hague, Netherlands on Friday. The development comes as Israel faces mounting international and domestic pressure to end the war in Gaza.

Persons: “, Nawaf Salam, ”, Israel, Vusimuzi, Peter Dejong, International Law Gilad Noam, Benjamin Netanyahu, Yoav Gallant, Netanyahu, Biden, Joe Biden, ” Israel, Israel’s, Israel ‘, ” Yossi Mekelberg, Eliav, Neve Gordon, Gali, Amit Aisman, Gordon Organizations: CNN, United Nations ’, Hamas, International Court of Justice, Israel, Court of Justice, International Law, Criminal Court, ICC, Israel Defense Forces, ICJ, Health Ministry, North Africa, Chatham House, Tel Aviv University, Queen Mary University of London, Times Locations: Israel, Gaza, Rafah, “ Israel, United States, Egypt, South Africa, Pretoria, Republic of South Africa, Netherlands, The Hague, Washington, Palestinian, East, London, Gali Baharav

☆ Russia's pulling combat forces from another continent to fuel its latest offensive push in Ukraine, Western intel says
▼ + stars: | 2024-05-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Read previewRussia has moved some combat forces from Africa to help support its latest offensive efforts in northeastern Ukraine, according to a new Western intelligence assessment. The Russian defense ministry created the Africa Corps last year as a way to expand its footprint on the continent and also in the Middle East. Photo by Kostiantyn Liberov/Libkos/Getty ImagesRussia's defense ministry "almost certainly redeployed detachments from the Africa Corps to the Ukrainian border during April 2024 in preparation for this offensive," the defense ministry said. Other Africa Corps detachments are believed to have deployed to Syria, Libya, Burkina Faso, and Niger, the UK said. French Army via APThe recent deployment of certain Africa Corps units to the Kharkiv region appears to underscore Russia's commitment to its new offensive.

Persons: —, Wagner, Kostiantyn Liberov, Yevgeny Prigozhin, Volodymyr Zelenskyy Organizations: Service, Africa Corps, Business, Nazi, French Army, AP, Libkos, Staff of, Armed Forces, Facebook Locations: Russia, Africa, Ukraine, Moscow, Vovchansk, Ukraine's Kharkiv, Kharkiv, Ukrainian, Syria, Libya, Burkina Faso, Niger, Mali

☆ What it’s really like to live in Antarctica
▼ + stars: | 2024-05-23 | by ( Lilit Marcus | ) edition.cnn.com time to read: +14 min

The Minnesota native first went to the White Continent in 2007 to work as a janitor at McMurdo Base, one of the three US outposts there. She was one of half-a-dozen people staffing the world’s southernmost post office, UK-administered Port Lockroy. Counting penguins is one of the roles Port Lockroy staff have during their time in Antarctica. Once you get the Antarctica bug, Long and Nelson say, it’s pretty hard to get rid of. In a fast-paced globalized world where everyone is on their phones all the time, Antarctica offers a rare opportunity to live a different kind of life.

Persons: United States –, Keri Nelson, Amundsen, ” Nelson, “, McMurdo, Palmer, Evan Townsend, ” Keri Nelson, ”, Nelson, Scott Base, –, Scott, Keri Nelson “, Chris Long, Long, Laura Bullesbach, Bridie Martin, Laura Bullesbach doesn’t, you’re, You’re, Port Lockroy, Bullesbach, Clare Ballantyne, ” Long, Keri Nelson Long, he’s, vacationer, ” Klaus Dodds Organizations: CNN, United, Antarctic, Minnesota, Base, Scott, Palmer, grownups, McMurdo Base, McMurdo, US, Geographic, Pole, Ocean, Scott Base, Port, Lockroy, Port Lockroy, Electronics, University of London Locations: Antarctica, Chile, Japan, Australia, United States, McMurdo, New, Ross, Amundsen, New Zealand, Russian, South America, Port Lockroy, Lockroy, Port, Denver, China

☆ Election Updates: Trump’s New York City trial has made for a very local presidential campaign.
▼ + stars: | 2024-05-23 | by ( Michael Gold | ) www.nytimes.com time to read: +9 min

But often over the last month, his presidential campaign has ventured into politically hostile territory: New York City. “It does feel like he’s almost going out there door to door.”Image Mr. Trump brought pizzas to a firehouse in Midtown Manhattan. Credit... Hiroko Masuike/The New York TimesWorking within the trial schedule, Mr. Trump’s aides have also looked to use its constraints to their advantage. Image Union workers outside a construction site in Manhattan last month during Mr. Trump’s visit. Credit... Hiroko Masuike/The New York Times Image The Trump campaign has cited his crowds as proof of his popularity in deep-blue New York.

Persons: Donald J, Trump, ”, George Arzt, Edward I, Koch, Hiroko Masuike, Brian Hughes, Mr, Trump’s, ” Jason Miller, Biden, Miller, Bill de Blasio, de, Hank Sheinkopf, Sheinkopf, “, ” Nicholas Nehamas Organizations: Trump, Midtown Manhattan ., New York Times, New Yorker, Democratic, New, Madison, Garden, Credit Locations: New York City, Harlem, Midtown Manhattan, Manhattan, New York, Midtown, Florida, York, Yorkers, Bronx, Crotona Park, Michigan, Wisconsin, Jersey Shore, Pennsylvania, Wildwood , N.J, bodega

☆ In fiery exchanges, lawmakers and university heads clashed over responses to campus antisemitism
▼ + stars: | 2024-05-23 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —The House Committee on Education and the Workforce’s hearing on campus antisemitism Thursday came with no shortage of fiery exchanges between lawmakers and the heads of Northwestern University, Rutgers University and the University of California, Los Angeles (UCLA). University heads can’t winNorthwestern President Michael Schill and Rutgers University President Dr. Jonathan Holloway negotiated with protesters rather than authorizing police to disband encampments, which UCLA Chancellor Gene Block ultimately did. Schill and Holloway were accused of being complicit with protesters, though some Democratic lawmakers found their approaches admirable. A bounty of lawyerly responsesIf you tuned in to Thursday’s hearing and thought the responses university heads gave were pre-rehearsed, it’s because they likely were. The three university heads at the hearing had the advantage of learning from the prior campus hearings.

Persons: Thursday’s, Michael Schill, Dr, Jonathan Holloway, Gene Block, Holloway, “, Pramila, Block, Elise Stefanik, Schill, Rutgers ’ Holloway, UCLA’s, Liz Magill, Michael A, McCoy, Israel’s, “ Sir Organizations: New, New York CNN, Education, Northwestern University, Rutgers University, University of California, UCLA, University, can’t, Northwestern, Republican, ”, Rutgers, University of Pennsylvania, Workforce, Capitol Locations: New York, Los Angeles, Washington, Germany, Washington , DC

☆ Facing Possible Cash Crunch, Giant Real Estate Fund Limits Withdrawals
▼ + stars: | 2024-05-23 | by ( Maureen Farrell | ) www.nytimes.com time to read: +1 min

A giant real estate fund managed by the company of the billionaire investor Barry Sternlicht is limiting the amount of money that investors can redeem, in an attempt to fend off a potential cash crunch as high interest rates pummel the market for commercial properties like office buildings. Starwood Real Estate Income Trust, which manages about $10 billion and is one of the largest real estate investment trusts around, said on Thursday that it would buy back only 1 percent of the value of the fund’s assets every quarter, down from 5 percent earlier. Starwood said that it had chosen to tighten the limit because it was facing more withdrawals than it could meet with its cash on hand, and that it was a better option than raising money by selling properties at discounted prices. The value of commercial properties has fallen — hit both by lower occupancy since the coronavirus pandemic and by high interest rates that make real estate less affordable. In a letter to shareholders, Mr. Sternlicht, who leads the Starwood Capital Group, and Sean Harris, the chief executive of Starwood’s REIT, said: “We cannot recommend being an aggressive seller of real estate assets today given what we believe to be a near-bottom market with limited transaction volumes, and our belief that the real estate markets will improve.”

Persons: Barry Sternlicht, —, Sternlicht, Sean Harris, Starwood’s REIT, ” Organizations: Starwood, Income Trust, Starwood Capital Group

☆ Analysts boost Nvidia price targets on strong demand outlook, say 'narrative is clearly nowhere near its end'
▼ + stars: | 2024-05-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Wall Street analysts are turning more bullish on Nvidia yet again following another strong guide from the chipmaking behemoth. "The narrative is clearly nowhere near its end, or likely nowhere near its peak," he wrote, adding that shares appear inexpensive. He expects Nvidia's Blackwell chips to be sold out through 2025. "While it's large enough market that competitors can succeed or even gain share, NVIDIA remains the standard bearer for multifaceted AI," he wrote. Nvidia's results lifted the broader chip sector, with the VanEck Semiconductor ETF (SMH) trading 3% higher in the premarket.

Persons: Tom O'Malley, Bernstein's Stacy Rasgon, Blackwell, Blayne Curtis, Citi's Atif Malik, JPMorgan's Harlan Sur, Goldman Sachs, Toshiya Hari, Sur, Morgan Stanley's Joseph Moore, Nvidia's Blackwell Organizations: Nvidia, Blackwell, Wall, Barclays, Jefferies, NVIDIA, VanEck Semiconductor, Micron Technology, AMD Locations: CY25

☆ Amazon’s new cloud boss inherits a business under pressure to keep pace in AI
▼ + stars: | 2024-05-23 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

"It's very early days in generative AI," said Jassy, who succeeded Jeff Bezos as CEO in 2021. Davidson, told CNBC that Amazon was "caught flat-footed" by the generative AI boom. During a Q&A session on Wednesday, Jassy was asked twice about the status of Amazon's generative AI efforts. He said the company is "seeing a lot of momentum" in generative AI within AWS to where it's now a multibillion-dollar business based on annualized revenue. Amazon has previously said it intends to use generative AI to make Alexa more conversational.

Persons: Noah Berger, Andy Jassy, OpenAI's ChatGPT, Adam Selipsky, Jassy, Jeff Bezos, Matt Garman, Gil Luria, Davidson, Luria, Bezos, Selipsky, Casey McGee, McGee, Anthropic, Dario Amodei, OpenAI, it's, Garman, Amazon, wasn't, Dilip Kumar, Kumar, Swami Sivasubramanian, Jamie Meyers, Meyers, Matt, Jordan Novet, Kate Rooney Organizations: Web Services, Getty, Amazon, Microsoft, Google, D.A, CNBC, Amazon Web, Alexa, AWS, Nvidia, ChatGPT, Accenture, Toyota, Nasdaq, Investments Locations: Las Vegas, Vegas, Bezos, Anthropic

☆ Opinion: What Alito’s flag controversies say about the Supreme Court
▼ + stars: | 2024-05-23 | by ( Julian Zelizer | ) edition.cnn.com time to read: +6 min

CNN —If Chief Justice John Roberts is really an institutionalist — someone deeply concerned about the integrity of the Supreme Court and public perceptions about it — then he has a big problem on his hands. The discovery also comes at a time when the Supreme Court will be making a decision about Trump’s claims of sweeping presidential immunity, his get-out-of-jail-free card for the federal cases he faces. The notion that the Supreme Court can be trusted to be an arbiter above partisan politics has suffered major blows in recent years. Supreme Court decisions have not been the only issue. The Alito flag controversy is another blow to the image of the court.

Persons: Julian Zelizer, ”, John Roberts, —, Samuel Alito —, Donald Trump, Alito, Alito hasn’t, Trump, SCOTUS, “, Dobbs, Roe, Wade, Clarence Thomas ’, Virginia Thomas, Thomas ’, Roberts, George W Organizations: CNN, Princeton University, Twitter, Supreme, New York Times, Jackson, Health, Annenberg Public, Center, Pew Research Center, Republican Locations: New Jersey, Virginia, Vietnam, Florida

☆ F-35s are going to be a 'game-changer' for US Navy amphibious assault ship and former 'Harrier carrier' USS Bataan, senior officer says
▼ + stars: | 2024-05-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

The amphibious assault ship, currently docked in New York City for Fleet Week 2024, will undergo work to carry F-35B Lightning II fighter jets. The upgrade will be "game-changer" for the capabilities and future operations of the ship, a senior officer said. AdvertisementAn F-35B Lightning II fighter aircraft sits on the flight deck of the Wasp-class amphibious assault ship USS Essex. Ken Kalemkarian/releasedThe idea of a lightning carrier has roots in the "Harrier carrier" concept, which the Bataan notably employed in Iraq in 2003. Two U.S. Air Force F-35A Lightning II aircraft operate alongside amphibious assault ship USS Bataan (LHD 5) and guided-missile destroyer USS Thomas Hudner (DDG 116) in the Gulf of Oman, Aug. 17, 2023.

Persons: —, it'll, Gerald R, Ford, Trace, Chandler Harrell, Brian Cavanaugh, Cpl, Ken Kalemkarian, Thomas Hudner, Cavanaugh, Lockheed Martin Organizations: Service, Bataan, Fleet, Business, US Navy, Marine Forces Command, US Navy Nimitz, Attack Squadron, Marine Corps Air, U.S . Air Force, US, USS, Lockheed Locations: New York City, Bataan, Essex, Yuma, Ariz, Iraq, China, Australia, Japan, South Korea, Gulf of Oman, USS America

☆ The Taylor Swift Ticketmaster fiasco comes full circle as DOJ slams parent company with lawsuit
▼ + stars: | 2024-05-23 | by ( Katie Balevic | Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Over a year after Ticketmaster crashed, preventing rabid Taylor Swift fans from purchasing tickets to her concert tour, the DOJ has announced an antitrust lawsuit against Ticketmaster's parent company, Live Nation Entertainment. Advertisement"This has given Live Nation and Ticketmaster the opportunity to freeze innovation and bend the industry to their own benefit. The lawsuit comes after Ticketmaster fumbled a pre-sale event in late 2022 for Taylor Swift's Eras Tour as fans competed with bots for a limited number of tickets. AdvertisementIn response to the antitrust suit, Live Nation said that "calling Ticketmaster a monopoly may be a PR win for the DOJ in the short term, but it will lose in court."

Persons: —, Taylor Swift, Merrick Garland, Taylor, Swift Organizations: Service, Ticketmaster, DOJ, Entertainment, Business, Justice Department, Department

☆ Denmark's Orsted wins $680 million JPMorgan backing for U.S. solar and battery projects
▼ + stars: | 2024-05-23 | by ( Pippa Stevens | ) www.cnbc.com time to read: +2 min

Aerial view of Eleven Mile Solar in Coolidge, Az. Put simply, large financial institutions provide part of the financing for a renewable energy project, in exchange for the project's tax credits. Smaller developers don't always have the means to enter into these partnerships, and the appetite from large financial institutions to take stakes in renewable energy projects is limited. That's "[s]till far short of what is needed in the post-IRA clean energy investment landscape," the investment bank Evercore ISI noted. Aerial view of Eleven Mile Solar in Coolidge, Az.

Persons: Az, Van Applegate, Orsted, Biden, —, Applegate Organizations: JPMorgan, U.S, Orsted's, IRA, American Council, Renewable Energy Locations: Coolidge, U.S, Coolidge , Arizona, Mineral , Texas, Nextracker

☆ From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers
▼ + stars: | 2024-05-23 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Read previewThe housing market may be starting to turn a corner, offering frustrated buyers a chance to jump back into the market after a long stretch of dismal prospects. "We think the housing market is going to improve over the next half of a year," Glenn Kelman, the CEO of Redfin, in a recent interview. Inventory is risingMore inventory is finally trickling into the housing market, which could help push prices down. Elevated mortgage rates are a key problem in today's housing market, as they deter both buyers and sellers from making deals. Rates dropping to 5%-6% would make the housing market "explode," but even a 6.5% 30-year mortgage rate would be enough to make the housing market "very strong," Reffkin said.

Persons: —, Glenn Kelman, That's, Robert Reffkin, Reffkin, Freddie Mac, Redfin's Kelman, Kelman, Compass's Reffkin Organizations: Service, Business, National Association of Realtors, CNBC Locations: Reffkin, Texas, Florida

☆ A key ether ETF deadline arrives, but SEC's Gensler won't tip his hand on approval or denial
▼ + stars: | 2024-05-23 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Circuit ruled against the SEC's denial of spot bitcoin ETFs, the regulatory agency "pivoted" and approved those funds in January. The bill sets up a regulatory framework for crypto assets. Gensler said crypto assets — and exchanges in particular exchanges — do not meet this test: "This field is not decentralized. He said crypto exchanges are "operating in ways that are conflicted in ways that traditional exchanges [are not]. Gensler says he is not against financial innovation The SEC chairman pushed back against the claim he was against financial innovation.

Persons: Gary Gensler, Eric Pan, Gensler, Joe Biden's, Pan, We'd Organizations: SEC, U.S . Securities, Exchange Commission, Investment Company, ICI Leadership Summit, U.S ., Appeals, Representatives, Innovation, Technology, Century, Futures

Another group recently compared messages translated by humans and A.I. A Democratic firm tested four versions of a voice-over ad — two spoken by humans, two by A.I. The era of artificial intelligence has officially arrived on the campaign trail. With less than six months until the 2024 election, the political uses of A.I. The Biden campaign said it has strictly limited its use of generative A.I.

Persons: Biden, Trump Organizations: Democratic Locations: Mississippi

☆ Senate border bill exposes Democratic divisions as White House attempts to ramp up pressure on GOP
▼ + stars: | 2024-05-23 | by ( Priscilla Alvarez | Lauren Fox | ) edition.cnn.com time to read: +8 min

CNN —The Senate will vote Thursday on a border security bill that is dividing the Democratic caucus and failed earlier this year, exposing rifts within the party even as they try to shift the narrative on border security. Sources say those talks included reviving the stalled border security measure that initially failed after former President Donald Trump told GOP lawmakers to knock it down. “I will not vote for the bill coming to the Senate floor this week because it includes several provisions that will violate Americans’ shared values. Senate Majority Leader Chuck Schumer acknowledged over the weekend that not every Democrat may vote for the bill in a letter to colleagues. They think we’re nuts.”But Republican Sen. James Lankford, a key negotiator on the border bill, said he’ll vote against the measure Thursday.

Persons: Donald Trump, “, ’, ” Sen, Cory Booker, Booker, Chuck Schumer, Sen, Alex Padilla, “ It’s, ” Padilla, Virginia Democratic Sen, Mark Warner, ”, Republican Sen, Lisa Murkowski, ” Murkowski, James Lankford, CNN’s Kaitlan Collins, Tom Suozzi, Murphy, Schumer, ” Robyn Barnard, ” Barnard, We’ve, Brian Schatz, Maine Sen, Angus King, CNN’s Sam Fossum Organizations: CNN, Democratic, White, New, New Jersey Democrat, Republicans, GOP, Senate, Virginia Democratic, Republican, CNN’s Kaitlan Collins Tuesday, Democrats, Democratic Rep, of, Human, ”, Democrat Locations: Ukraine, New Jersey, Virginia, Alaska, New, Hawaii, Maine

☆ Obama Is a Surprise Guest Among Allies at Biden’s State Dinner for Kenya
▼ + stars: | 2024-05-23 | by ( Katie Rogers | Zach Montague | ) www.nytimes.com time to read: +1 min

State dinners are best known as bear hugs for overseas allies, and Thursday’s honoree was Kenya. But the sixth state dinner of President Biden’s term was designed to clutch domestic allies — not the least of them Mr. Obama, whose father was Kenyan — even tighter as the president makes the long slog toward November. The list included President William Ruto of Kenya and his wife, Rachel, along with three of his daughters. “We share a strong respect for the history that connects us together,” Mr. Biden said to his guests during a toast. The lineup included elected officials in several battleground states, influential Black political operatives, and powerful philanthropists, like Melinda French Gates.

Persons: Barack Obama, Biden’s, —, Obama, William Ruto, Rachel, James Mwangi, ” Mr, Biden, Jimmy Carter, Melinda French Gates Organizations: White, Equity Group Holdings Locations: Kenya, Kenyan

☆ Justices Allowed a Contested Voting Map in South Carolina
▼ + stars: | 2024-05-23 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

The Supreme Court’s conservative majority cleared the way today for South Carolina to keep using a congressional map that a lower court had deemed an unconstitutional racial gerrymander. All three liberal justices dissented. The ruling handed a victory to the state’s Republicans by allowing them to maintain a stronghold on a district in Charleston County. The immediate effect will be limited: This year’s elections were already set to take place under the contested map. In dissent, the liberal justices argued that it could become all but impossible to challenge voting maps as racial gerrymanders.

Persons: Samuel Alito, ”, Richard Hasen Organizations: voters Locations: South Carolina, Charleston County

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