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It was his only day off from working 12-hour shifts at a Chinese restaurant in New York City. Evelio Contreras/CNNAfter arriving in New York, Ye spent a week in a Manhattan shelter. For Chinese asylum seekers like Ye, there is a well-trodden route to residency in the US. … It’s impossible for them to be spies.”But the rhetoric around the rise of undocumented Chinese migrants highlights growing tensions between the US and Chinese governments. He received permanent US residence a year later and has gone on to help Chinese migrants in Flushing.
Persons: Ye Chengxiang, , , Ye, Evelio Contreras, Amy Hsin, Jiang Zhen, Yong Xiong, Xi Jinping, Biden, Mark Green of, Wan Yanhai, , Jiang, “ It’s, I’m, Melanie Stetson Freeman, ’ Wan, Flushing . Li Jiada, Li Jiada, Jesus, Li Organizations: NY CNN, Central America, CNN, Queens College, Customs and, Embassy, Central, Chinese Ministry of Foreign Affairs, China, Republicans, Republican, House Homeland Security Committee, Communist Party, Christian Science, Customs Enforcement, of, Yorker Locations: Flushing, NY, New York City, China, Communist, Ye, States, Colombia, Darien, South, Central, New York, Manhattan, Flushing’s, Sunset, Mexico, Central America, Queens, Hunan province, Guangdong, Chinatown, , Flushing , New York, San Francisco, Mark Green of Tennessee, Beijing, Flushing ., Flushing , Queens
The 2-year Treasury yield was last at 4.8061% after falling by over one basis point. U.S. Treasury yields were lower on Wednesday is investors considered the outlook for inflationary pressures and awaited the latest consumer price index data. The producer price index for April, which tracks wholesale prices, came in higher than expected on Tuesday. This comes ahead of the consumer price index for April which is expected to be released Wednesday. On an annual basis, inflation is anticipated to slow slightly to 3.4% from 3.5% in March.
Persons: Dow Jones, Jerome Powell Organizations: Treasury, Investors, Labor Department's Bureau of Labor Statistics, PPI, Core CPI
CNN —Lawyers for E. Jean Carroll have asked a federal appeals court to expedite Donald Trump’s appeal of the verdict in their first trial in which a jury awarded Carroll $5 million in damages after finding Trump liable for defamation and battery in May 2023. The motion with the 2nd US Circuit Court of Appeals filed Tuesday cites Trump’s numerous attempts to delay both trials with Carroll as a signal that he’s likely to drag out the appeal. The jury in the second trial held in January determined Trump should pay Carroll $83.3 million in damages for defaming her. Her lawyers also asked the appeals court to consider the author’s progressing age. Carroll is an 80-year-old woman who has struggled mightily to obtain justice for almost five years,” the filing says.
Persons: Jean Carroll, Donald Trump’s, Carroll, Trump, Trump’s, “ Donald J, “ Ms, mightily Organizations: CNN, E, 2nd US, Carroll
CNN —If you think the rent is too damn high, wait until you get the bill for child care. And the tab exceeded annual typical mortgage payments in 45 states, plus the District of Columbia, according to Child Care Aware. Nationwide, the average annual cost of care rose to $11,582 per child last year, up 3.7% from the prior year. Further exacerbating the shortage was the continued disappearance of licensed child care providers who operate out of their homes. Also, another $15 billion federal pandemic infusion for child care and development block grants, which states use to subsidize child care for working families, will expire this coming September.
Persons: that’s, Sandra Bishop, , Anne Hedgepeth Organizations: CNN, District of Columbia, of Columbia, Care, Nationwide, US Department of Health, Human Services, Care Aware’s, Century Foundation Locations: Illinois , Indiana , Iowa , Kansas , Massachusetts, Minnesota , Nebraska , Pennsylvania, Rhode Island , Vermont, Wisconsin
CNN —There was no doubting the message from Antony Blinken’s musical debut in Kyiv on Tuesday night. The visit is the first by a Biden administration official since the long-delayed passage of US supplemental funding to the war-torn country. The bar, which has heavy metal doors and metal reinforcements along the walls, is popular with war veterans and soldiers on leave. In a personal address from the stage, Blinken said: “The United States is with you, so much of the world is with you. And they’re fighting, not just for Ukraine but for the free world – and the free world is with you too.”The venue posted about the unusual performance on its Instagram page, captioning it: “Keep on rocking on a free world!
Persons: Antony Blinken’s, Neil Young’s, ” Blinken, Volodymyr Zelensky, Barman Dictat, Blinken, Neil Young, , Bill Clinton Organizations: CNN, Biden, Reduta Jazz Locations: Kyiv, United States, Ukraine, Prague
Russian President Vladimir Putin's meeting with Chinese leader Xi Jinping in China this week is the latest sign of deepening strategic ties between both sides. Putin will make a two-day state visit to China from Thursday at the invitation of Xi, it was announced on Tuesday. This will be the Russian leader's first overseas trip since Putin kicked off his fifth term in office last week. Putin also wants access to Chinese financial markets and to use the "Chinese currency to further Russia's trade," Hess said. "So, it's really Putin going to China seeing what he can get."
Persons: Vladimir Putin's, Xi Jinping, Putin, Xi, Max Hess, CNBC's, Hess, it's Organizations: Foreign Policy Research Institute Locations: China, Russian, Beijing, Siberia, Ukraine
Prime Minister of Slovakia Robert Fico attends a press conference during a Special European Council Meeting on April 18, 2024 in Brussels, Belgium. Slovakia's populist Prime Minister Robert Fico on Wednesday was shot multiple times in an assassination attempt that has sent shockwaves across the continent. The 59-year-old has been transported by helicopter to hospital in the central Slovakian city of Banska Bystrica to receive treatment. A post on Fico's official Facebook page said the prime minister was "shot multiple times and is in a life-threatening state" after an "attempted assassination." Slovakian President Zuzana Čaputová "strongly" condemned the "brutal and ruthless attack" in a Google-translated Facebook post, without supplying further details of the nature of the attack.
Persons: Slovakia Robert Fico, Robert Fico, Fico, Zuzana Čaputová Organizations: NBC, Reuters, CNBC Locations: Slovakia, Brussels, Belgium, Slovakian, Banska Bystrica, Bratislava, Handlova
Alphabet's YouTube on Tuesday said it would comply with a court decision and block access inside Hong Kong to 32 video links deemed prohibited content, in what critics say is a blow to freedoms in the financial hub amid a security clampdown. The action follows a government application granted by Hong Kong's Court of Appeal requesting the ban of a protest anthem called "Glory to Hong Kong." In comments criticizing the court order, YouTube said the ruling would raise skepticism around the Hong Kong government's work to foster the digital economy and reclaim its reputation as a predictable place for doing business. "If you start to send platforms 100 or 1,000 links for takedown every day, this will drive platforms crazy and also make global investors more worried about Hong Kong's free market environment. How predictable and how stable the policy environment is matters a lot to foreign investors, and Hong Kong is now at a crossroads to defend its reputation."
Persons: Hong Kongers, We'll, George Chen, Chen, Hong Organizations: YouTube, Hong, Appeal, U.S ., Asia Group, Washington DC, Meta Locations: Hong Kong, Hong Kong's, Washington, Greater China
Merrie Monarch is an annual festival in Hilo, Hawaii. This time, they were saying goodbye to Merrie Monarch, an annual weeklong festival for honoring native Hawaiian traditions such as hula and craft making. At the Merrie Monarch Royal Parade, I was enchanted as horseback riders floated by wearing colorful leis and long pāʻū skirts. "It feels like the entire state gets excited for Merrie Monarch, and the absolute best of our culture is on display." Take a look inside this year's Merrie Monarch Festival.
Persons: , Edith Kanakaʻole, reverberating, Monarch, Dillon Ancheta Organizations: Service, Monarch Locations: Hilo , Hawaii, Hilo, Hawaii, Hawaiian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese cars will end up in the U.S., says the 'Car Dealership Guy' Yossi LeviYossi Levi, Car Dealership Guy CEO, joins 'Power Lunch' to discuss the state of the U.S. auto market as China hopes to launch EVs in America.
Persons: Guy, Yossi Levi Yossi Levi Organizations: U.S Locations: U.S, China, America
The official said that coordination between the two countries on the Rafah operation, which Egypt has publicly opposed, “didn’t go well. The top diplomats in both countries traded blame over the closure of the Rafah crossing as aid deliveries through the key land crossing halted. Rafah had been the entry point for nearly a quarter of the relief entering the Gaza Strip before Israel’s operation. Videos released by the Israeli military last week showed Israeli flags raised on the Palestinian side of the frontier. It is unclear how many troops Israel now has stationed across the border in Rafah.
Persons: “ didn’t, Israel, , ” Israel, Israel Katz, David Cameron, Annalena Baerbock, Sameh Shoukry, Katz, ” Shoukry, Shoukry, Egypt didn’t, Fatah, Abdel Kareem Hana Organizations: CNN, ” CNN, Street, Palestinian, US State Department, Israeli, Foreign, German, AFP, Getty, Israel Locations: Egypt, Israel, Gaza’s, Rafah, Gaza, Cairo
U.S. Secretary of State Antony Blinken (R) performs "Rockin' in the Free World" with members of The 1999 band at the Barman Dictat bar in Kyiv on May 14, 2024. The United States will back Ukraine until the country's security is "guaranteed," Blinken said in a speech in Kyiv on May 14, 2024. The band's singer told the crowd he had a "secret guest" for them as he invited "the biggest friend of Ukraine, Antony Blinken" onstage, to cheers from the crowd. But they need to know, you need to know, the United States is with you, so much of the world is with you," he said. "They're fighting not just for a free Ukraine but for the free world, and the free world is with you too," he added.
Persons: Antony Blinken, Blinken, Neil Young's, Volodymyr Zelenskyy, Dmytro Kuleba, Ukraine, Holly Ellyatt Organizations: Ukraine, Ukraine's Foreign Locations: Kyiv, United States, Ukraine, Kharkiv
Costa Rica announced last week that it would close its two remaining state zoos, more than a decade after it passed a law to ban keeping wild animals in government-sponsored captivity but was met with legal blowback. Costa Rica’s Ministry of Environment and Energy said in a statement on Saturday that it would not renew its contract with Fundazoo, a foundation that had run the zoos. The move will close the country’s last two state zoos: the Simón Bolívar Zoo and the Santa Ana Conservation Center. Some of the animals have been in captivity for more than 30 years, the ministry said. Franz Tattenbach, the minister of environment and energy, said on Saturday that Costa Rica would move toward running sanctuaries for animals that cannot return to to the wild.
Persons: Costa Rica, Franz Tattenbach Organizations: Rica’s Ministry of Environment, Energy, Fundazoo, Santa Ana Conservation Center Locations: Costa, Rica’s, Costa Rica
Ukraine's Liutyi drones are behind 80% of strikes on Russian oil refineries, according to a report. Developed without state backing, the Liutyi drone had a challenging start in 2023. But it's now the main weapon in an increasingly potent strategy targeting Russian oil facilities. AdvertisementA Ukrainian-developed long-range drone is responsible for the vast majority of the country's successful strikes on Russian oil refineries, according to a new report. The Liutyi drone was developed as Ukraine's answer to the inexpensive but deadly Shahed exploding drone, which Russia has launched in waves against Ukrainian military and civilian infrastructure, Ukrainska Pravda reported.
Persons: it's, Organizations: Service, Ukrainian, Ukrainska Pravda, Business Locations: Russia
AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.
Persons: , Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji
MSNBC placed a big bet on becoming comfort TV for liberals. Time slots on the cable network once devoted to news programming are now occupied by Trump-bashing opinion hosts. On Super Tuesday, when producers aired a portion of a live speech by former President Donald J. Trump, Rachel Maddow chastised her bosses on the air. But MSNBC’s success has had unintended consequences for its parent company, NBC, an original Big Three broadcaster that still strives to appeal to a mass American audience. Local NBC stations between the coasts have demanded, again and again, that executives in New York do more to preserve NBC’s nonpartisan brand, lest MSNBC’s blue-state bent alienate their red-state viewers.
Persons: Biden’s, Jen Psaki, Donald J, Trump, Rachel Maddow Organizations: MSNBC, Trump, White, CNN, Fox News, NBC, Local NBC Locations: New York
The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on Chinese electric vehicles and other goods, the bloc's economic chief said Wednesday. "But this is not bringing us to a theory of decoupling of global trade, which would be a disaster for both parts of the decoupling," he said. "The characteristic of the EU economy is to be more open, more influenced by trade, and less by only internal consumption. This is the reason, the economic reason, why it is in the interest of the European Union to keep the doors of trade open." Meanwhile, several EU nations are nervous about potential Chinese retaliatory trade measures hitting important domestic industries, from German automotives to French cognac.
Persons: Paolo Gentiloni, CNBC's Silvia Amaro, Gentiloni Organizations: European, European Union, CNBC Locations: European Union, Europe, China, EVs, U.S, Russia, Ukraine
The ruling will have an impact beyond the Louisiana district, which likely explains the vote count, said CNN Supreme Court analyst Steve Vladeck. The Supreme Court has never defined what constitutes a “last-minute” election decision that should bar courts from weighing into such disputes. In a brief dissent, Justice Ketanji Brown Jackson said it was premature for the Supreme Court to intervene in the case. Louisiana came to the Supreme Court caught between two lower court orders. Two years ago, the Supreme Court allowed that map to be used in the midterm even though a lower court said it was likely illegal.
Persons: Sen, Cleo Fields, , , Liz Murrill, , Steve Vladeck, Vladeck, Purcell, Justice Ketanji Brown Jackson, Purcell “, ” “, ” Jackson, Jackson, ” Vladeck, “ Today’s, Garret Graves, Jeff Landry’s, ” Michael McClanahan, ” Edward Greim, Paul Hurd Organizations: CNN, Democrats, Representatives, Democrat, Republican, US, CNN Supreme, Black, University of Texas School of Law, Louisiana Gov, Court, Supreme, White Republicans, White, NAACP Louisiana State Conference, Locations: Black, Louisiana, Shreveport, Baton Rouge, Rep, Bayou, Republican Louisiana
Mr. Biden recently indicated he would debate Mr. Trump, but had until now declined to give any firm commitment or specific details. In a video announcing his offer, Mr. Biden taunted Mr. Trump. Mr. Trump leads Mr. Biden in most polls of battleground states, including the recent surveys by The New York Times, Siena College and The Philadelphia Inquirer. Significantly more voters trust Mr. Trump over Mr. Biden to handle the economy. Mr. Biden, exasperated, famously said to Mr. Trump, “Will you shut up, man?
Persons: Biden, Donald J, Trump, , Robert F, Kennedy Jr, Mr, Biden’s, Jennifer O’Malley Dillon, O’Malley Dillon, , Trump’s, “ Let’s, Donald, Ms, Mark Makela, “ Will, Susie Wiles, Chris LaCivita, Reagan, , There’s, Kennedy, Wiles, LaCivita, George W, Bush’s, Barack Obama, Mitt Romney, Richard Perry, Romney, Hillary Clinton’s, Bill Clinton, Reid J, Epstein Organizations: The New York Times, Biden, Commission, Mr, Trump, , , Republican National Convention, Republican National Committee, Siena College, The Philadelphia Inquirer, White House, CNN, Electoral College —, Republican, Democratic, ” Networks, CBS News, ABC News, Telemundo Locations: Washington, Trump’s Manhattan, York, Milwaukee, America
A movement to rein in online pornography is rapidly intensifying, fueled by conservative outrage and growing unease over the accessibility of sexual content online, especially for children. Pornography is mentioned on the first page; banning pornography and locking up those who produce it are proposed on Page 5. He was an occasional guest at Hugh Hefner’s famed Playboy Mansion and made cameos in soft-core pornographic films produced by the company – though not in any scenes depicting sexual content or nudity. ‘Sex is the canary in the coal mine’The Supreme Court has deemed previous attempts to curb online pornography unconstitutional on First Amendment grounds. They were designed to protect adults from accessing adult content, which, of course, is their stated aim.
Persons: Donald Trump’s, Trump, , , Terry Schilling, Hugh Hefner’s, Stormy Daniels, Karen McDougal –, McDougal, Daniels, Kevin Roberts, ” Roberts, ” Roberts hasn’t, Ben Carson, Charlie Kirk, Chris LaCivita, Susie Wiles, President Trump, LaCivita, Wiles, Mike Stabile, ” Pornhub, , Robert Winterton, Pornhub, Solomon Friedman, It’s, ” Schilling, Paul Dans, Stabile, ” Stabile, Schilling, “ It’s, Stuart Brotman, Brotman –, Playboy’s Hefner –, Roberts, ” Brotman, Ben Bull, ” Bull Organizations: CNN, Trump, Heritage Foundation, Playboy, Heritage, Housing, Urban, Free Speech Coalition, US, Apple, Google, Facebook, , National Center, Media, Ethical Capital Partners, Republicans, US Department of Justice, University of Tennessee, GOP Locations: Manhattan, Washington, DC, Lake Tahoe, Texas, – Virginia, Montana , North Carolina , Arkansas , Utah , Mississippi, Louisiana, California, Knoxville
Royal Mail owner IDS set to agree $4.4 bln Kretinsky takeover bid
  + stars: | 2024-05-15 | by ( ) www.cnbc.com   time to read: +2 min
IDS owns UK's Royal Mail, which is loss making, and international parcels network GLS. Royal Mail was privatised in 2013 in one of Britain's biggest state sell-offs in decades. It is expected the commitment to offer these contractual undertakings to the British government would be reflected in the cooperation agreement between the parties if a firm offer is made, it added. EP Group now has until May 29 to make a formal offer or walk away. EP is a 100% shareholder in VESA Equity investment which owns Kretinsky's IDS stake of nearly 28%.
Persons: Daniel Kretinsky, Keith Williams Organizations: International, Services, IDS, Royal Mail, UK's, Royal, National Security and Investment, Reuters, Equity Locations: Czech, London, Britain, British
CNN —US Air Force prosecutors have asked for new charges against the Massachusetts Air National guardsman who pleaded guilty in federal court earlier this year to leaking highly classified intelligence reports and other documents on social media, according to the Air Force. During a hearing at Hanscom Air Force Base in Massachusetts on Tuesday, Air Force prosecutors asked a hearing officer to recommend charges of disobeying an order and obstructing justice against Jack Teixeira under the Uniform Code of Military Justice. CNN reported earlier this month that the Air Force would pursue separate charges under the UCMJ. Teixeira was represented by three military defense counsel, including one of the chief district defense counsels for the Air Force, a spokesperson for the Air Force said. The hearing officer will then make a recommendation on whether to move forward with the recommended charges or change them in some way.
Persons: Jack Teixeira, Military Justice . Teixeira, Teixiera, Teixeira, , Daniel DeVoe, CNN’s Kaanita Iyer Organizations: CNN, US Air Force, Massachusetts Air National, Air Force, Hanscom Air Force Base, Military Justice, Prosecutors, Department of Justice, , Martial Locations: Massachusetts, Russia, Ukraine, States
President Biden’s economic policies have helped spur billions of dollars in new investments in Arizona and Georgia, two crucial battleground states in the 2024 election. Yet so far, Mr. Biden’s policies appear to have done little to lift his support in either region. Arizona and Georgia have been major beneficiaries of the Biden administration’s key policy initiatives — the Inflation Reduction Act, the CHIPS and Science Act and the bipartisan infrastructure law. Georgia has been a big beneficiary of Mr. Biden’s clean energy and infrastructure laws. Still, former President Donald J. Trump has maintained a significant lead over Mr. Biden in both states, according to new polls by The New York Times and Siena College.
Persons: Biden, Donald J, Trump Organizations: Semiconductor Industry Association . Georgia, Mr, The New York Times, Siena College Locations: Arizona, Georgia
The Supreme Court on Wednesday temporarily reinstated a congressional map in Louisiana that includes a second majority-Black district, increasing the likelihood that Democrats could gain a House seat from the state in the November election. The order was unsigned, as is the Supreme Court’s custom in ruling on emergency applications. It came in response to a challenge to a lower-court decision that had blocked the map drawn by Louisiana’s Republican-controlled Legislature, deeming it a racial gerrymander. The justices said that their decision would remain in effect pending an appeal or a ruling by the Supreme Court. Justices Sonia Sotomayor and Elena Kagan did not explain their reasoning, but Justice Ketanji Brown Jackson, in a dissent, wrote that she believed the court had intervened too soon.
Persons: Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson Organizations: Louisiana’s Republican, Supreme Locations: Louisiana, Black
A rocky startVoight was the first Miss Utah to win the Miss USA crown since 1960. Miss USARose, a fashion designer, bought the Miss USA license after a turbulent year that included rigging allegations and a sexual harassment cover-up. Hector Vivas/Getty ImagesIn her Miss USA resignation letter, Noelia detailed the "detrimental mental and emotional toll" of her time at Miss USA and how it "greatly impacted" her physical health. Noelia and UmaSofia's reigns as Miss USA and Miss Teen USA would have officially ended in August, but their mothers said it became too much. The network — which signed a three-year deal in April to air both the Miss USA and Miss Teen USA competitions — said on Monday that it's now "evaluating its relationship with both pageants," according to USA Today.
Persons: Noelia Voigt, Jackeline Voigt, Noelia's, Jackeline, Barbara Srivastava —, Miss Teen USA UmaSofia Srivastava, Noelia, UmaSofia, Barbara, Miss USA's, Laylah Rose, aren't, Rose, Voight, We're, we're, Brian Ach, Miss USA, Thom Brodeur, UmaSofia Srivastava, Barbara Srivastava Barbara, didn't, Stephanie Skinner, Skinner, Teen USA — Barbara, Rose hadn't, USA's, Kenya Moore, Olivia Culpo, they're, Voigt, Hector Vivas, , — Noelia, Rose weaponized, Claudia Michelle —, Michelle, Colorado Arianna Lemus, Laylah, she's, Barbara Srivastava, it's, Brodeur Organizations: Miss USA, Business, Miss Teen USA, Miss, ABC News, New York, Christmas, Teen USA, Miss Universe, El, ., BI, USA, Miss Teen, Noelia, CW Network Locations: Venezuelan American, Miss Utah, Miss USA, Noelia's, USA, El Salvador
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