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☆ Oracle warns that a TikTok ban would hurt business
▼ + stars: | 2024-06-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

A U.S. ban of TikTok might hurt Oracle 's business, the software company acknowledged in its annual report on Monday. TikTok said Oracle would also be responsible for compiling the app and delivering it to third-party app stores. "The one thing I can tell you is we have an excellent relationship with the folks at TikTok," Oracle CEO Safra Catz said on a 2022 conference call with analysts. Following the bipartisan legislation this year targeted at TikTok, and Biden's signing of the bill mandating its sale, TikTok filed a lawsuit arguing that the law violates First Amendment free speech protections. Oracle's cloud infrastructure revenue for the fiscal year came to $6.9 billion.

Persons: Safra, Oracle, Joe Biden, Donald Trump, Weeks, TikTok, Safra Catz, Frank McCourt, Steven Mnuchin, Oracle hasn't, TikTok didn't, Carnegie's Peter Harrell Organizations: Oracle, Capitol, Palantir Technologies, Oracle Corp, Hamas, Microsoft, U.S . Treasury Department Locations: Washington, Israel, Gaza, U.S, China, TikTok, Texas

☆ US soldiers just put the Army's new Precision Strike Missile to the test against a moving sea target in the Pacific
▼ + stars: | 2024-06-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewThe US Army tested its new strike missile against a moving sea target in the Pacific earlier this month. The recent strike marked a "significant milestone" in the development of the new Precision Strike Missile, the Army said. The PrSM, a next-generation long-range precision strike weapon, will eventually replace the older MGM-140 Army Tactical Missile Systems, or ATACMS. The exercise involved the US Army's prototype Autonomous Multi-Domain Launcher and two Precision Strike Missiles, which were "able to engage a moving maritime target in conjunction with other Joint assets." An Army Tactical Missile System during live-fire testing at White Sands Missile Range in New Mexico on December 14, 2021.

Persons: —, Lockheed Martin, White, John Hamilton, Technology Doug Bush Organizations: Service, US Army, Army, MGM, Tactical Missile Systems, Business, Valiant, High, Artillery Rocket Systems, Systems, Lockheed, Pentagon, Army Tactical Missile System, White, Artillery, Acquisition, Logistics, Technology, Ship Locations: Palau, Cleveland, Austin, New Mexico, China

☆ Best Ranger Competition 2024: See photos of the murderous 3-day event winners endured
▼ + stars: | 2024-06-24 | by ( Lauren Frias | ) www.businessinsider.com time to read: +1 min

Newcomer team named Best RangerUS Army 1st Lt. Andrew Winski and Sgt. Mathew Dunphy hold up their SigSauer P320-M17 pistols next to the Best Ranger Competition Trophy. Matthew Dunphy — earned the highest cumulative marks out of all 56 teams, granting them the title of Best Ranger. Both first-time competitors, the duo represented the 75th Ranger Regiment, marking the fourth year in a row that members of the unit won the competition. Winski said he was "truly grateful" for the opportunity to participate in the competition and show "what the Army's Ranger Regiment is and … what kind of Rangers we produce."

Persons: Andrew Winski, Mathew Dunphy, Justin Yarborough, Matthew Dunphy —, Winski, James Mingus, Mingus Organizations: Ranger US Army, US, Spc, 75th Ranger Regiment, Army's Ranger, Rangers

☆ App developers on OpenAI's new GPT Store are trying to make money. Here are some of the successful business models that have emerged so far.
▼ + stars: | 2024-06-24 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +8 min

Read previewSix months after OpenAI announced GPTs, developers are getting creative when it comes to making money with their applications. To some, the GPT Store drew comparisons to the early days of the App Store, Apple's marketplace for mobile applications that debuted in 2008 and ushered in the smart phone era and "app economy." However, multiple GPT developers walked Business Insider through how they're making money with their apps while waiting for formal monetization plans to become available. Advertisement"I think it will be good when OpenAI comes up with monetization integrated in the GPT Store," developer Vicente Silveira told Business Insider in an interview. Our bet is that the GPT Store will be the best way right now to position yourself to create."

Persons: —, OpenAI, monetization, Vicente Silveira, Silveira, Karthik Ramasamy, Silveria, Ramasamy, It's, Ai Drive's, Ai, Claude —, Charly AI, they've, GPTs, it's Organizations: Service, Business, Google, LinkedIn, Big Tech, Humanizer, BI, Charly Locations: Amsterdam, GPTs, San Francisco

☆ What it's like setting sail aboard the only remaining US Navy ship to have sunk an enemy warship in battle
▼ + stars: | 2024-06-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

This US Navy warship, at well over 200 years old, is not like the sea service's other ships, though. When it sets sail, the tall ship moves slowly, escorted by police boats and the Coast Guard and helicopters circling overhead. Today, it consists of three officers and around 80 enlisted Navy sailors — a mix of fleet returnees, meaning they've done previous tours, and individuals straight from boot camp. Jake Epstein/Business InsiderThe Constitution underway in the Boston Harbor on June 14. Flamini has worked as a medic during his three years with the old warship, but he also does pretty much anything else needed.

Persons: —, Joshua Samoluk, George Washington, Simpson, Ironsides, she's, Cdr, Robert Dreitz, Jake Epstein, Taona Enriquez, " Enriquez, Dreitz, Andre Flamini, Flamini, Peter Ticich, Alec Morris, Morris, Casey Scoular Organizations: Service, Navy, Business, Coast Guard, US Navy, Charlestown Navy, Marines, Hanscom Air Force Base Locations: State, Boston, Charlestown, who's, Gulf, Aden, Iran, Yemen, France

☆ Justices uphold Trump tax on overseas investments in win for Biden
▼ + stars: | 2024-06-20 | by ( John Fritze | Tami Luhby | ) edition.cnn.com time to read: +5 min

CNN —The Supreme Court on Thursday upheld a Trump-era tax on overseas investments, rejecting an argument from a Washington state couple in a case that could have jeopardized existing tax provisions and torpedoed Democratic talk of a wealth tax. Justice Brett Kavanaugh wrote the majority opinion and Justice Clarence Thomas wrote a dissent. In reading his opinion from the bench, Kavanaugh repeatedly stressed that the opinion was “narrow” and did not implicate the raging debate over a wealth tax. “Those are potential issues for another day, and we do not address or resolve any of those issues here,” Kavanaugh wrote in Thursday’s opinion. Elizabeth Warren of Massachusetts and Ron Wyden of Oregon and Independent Sen. Bernie Sanders of Vermont have also unveiled tax proposals that would hit the wealthiest Americans.

Persons: Brett Kavanaugh, Clarence Thomas, Kavanaugh, Charles, Kathleen Moore, Moores, Donald Trump, Joe Biden, ” Kavanaugh, “, ” Biden, Biden, Democratic Sens, Elizabeth Warren of, Ron Wyden, Independent Sen, Bernie Sanders, Paul Ryan, Moore, Samuel Alito, Alito, Charles Moore Organizations: CNN, Trump, Democratic, Government, Oregon, Independent, Capitol, Moores Locations: Washington, India, trillions, Elizabeth Warren of Massachusetts, Vermont

Friedrich Zoneaire Portable Air Conditioner (ZCP12DB) The dual-hose Friedrich Zoneaire Portable Air Conditioner did the best job cooling and was the quietest portable air conditioner we tested. Our review of the Friedrich portable air conditionerThe Friedrich Zoneaire has intuitive onboard controls, and pairs to an app for remote access. However, even the best portable air conditioner doesn't compare to your typical window air conditioner when it comes to energy efficiency. The top pick in our best portable air conditioner guide is the LG Dual Inverter Smart WiFi Portable Air Conditioner (LP1419IVSM). If a window air conditioner sounds appealing, get buying advice from our best air conditioner guide.

Persons: Friedrich, Friedrich Zoneaire, James Brains, cranking, I'd, Friedrich Zoneaire —, Friedrich AC doesn't, Friedrich Chill Premier Organizations: Business, Madison, ARC, Friedrich, isn't Energy, Amazon Alexa, LG, Friedrich Chill, Friedrich Chill Premier Air

☆ Nvidia gives up gains — plus, what's behind another rough day for Danaher
▼ + stars: | 2024-06-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Pain for Danaher: Danaher is having another rough day, falling more than 3%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Sartorius, Danaher, it's, There's, we'll, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Nvidia, Broadcom, Investors, Bank of America, P Global, Manufacturing, PMI, Jim Cramer's Charitable Locations: Europe

☆ After almost 30 years, Amazon's original book business is booming, leaked document shows
▼ + stars: | 2024-06-20 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

This is according to a detailed internal document obtained by Business Insider that reveals a host of new information and insights about Amazon's book business and the broader publishing landscape. Reliable data on this industry is limited or tightly controlled, so it's sometimes difficult to get handle on the scope of the book business. "Monopoly power"Amazon's book business has drawn antitrust scrutiny over the years. The company doesn't publicly disclose book sales, nor does it give a revenue breakdown of each retail category. The US accounts for over half of the salesThe document reveals a few staggering numbers that show how big Amazon's book business is.

Persons: —, John Warren, George Washington University's, doesn't, Lindsay Hamilton, Noble, Warren, Hamilton Organizations: Service, Business, Amazon, Federal, American Booksellers Association, FTC, Justice Department, BI, GMS, Barnes, Costco, Pew Research Center, George Washington University Locations: Germany, Japan, France, Italy, Spain, Australia

CNN —US officials have serious concerns that in the event of a full-blown war between Israel and Hezbollah, the Iran-backed militant group could overwhelm Israel’s air defenses in the north — including the much-vaunted Iron Dome air defense system, three US officials told CNN. Israeli officials have told the US they are planning to shift resources from southern Gaza to northern Israel in preparation for a possible offensive against the group, US officials told CNN on Wednesday. “We assess that at least some” Iron Dome batteries “will be overwhelmed,” said a senior administration official. Earlier this month, Hezbollah released a video purporting to show a drone striking and damaging an Iron Dome battery on an army base in northern Israel. The Iron Dome is fundamental to Israel’s defense and the US government has spent over $2.9 billion on the program, according to the Congressional Research Service.

Persons: “, ”, “ We’re, Amos Hochstein, Hochstein, Israel, Israel ‘, Antony Blinken’s, Yoav Gallant, Hassan Nasrallah, Nasrallah, Assad Organizations: CNN, Hezbollah, Congressional Research Service, Israel Defense Forces, Islamic, Biden, US, IDF, Hamas, Israeli, Command, Radwan Force, Rocket Locations: Israel, Iran, Lebanon, Gaza, Lebanese, Jerusalem, Beirut, Rafah, ”, Cyprus, Syria

☆ Ukraine got the go-ahead to hit Russia with F-16s, but doing so could be a waste of a good jet
▼ + stars: | 2024-06-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +11 min

Read previewNATO member Denmark has given Ukraine permission to use the F-16s it receives to hit military targets within Russia. AdvertisementThe exact number of F-16s Ukraine will get to begin with is unclear, but it's not expected to be many. But in Russia, Ukrainian aircraft can also expect to battle the Russian Air Force in addition to enemy air defenses. It would also bolster a capability that has been heavily strained by relentless Russian attacks, and that's air defense. But they said these fighter jets will be useful for Ukraine by replenishing lost aircraft, deterring Russian jets, and acting as defenses.

Persons: —, George Barros, Israel Aerospace Industries Barros, it's, Mark Cancian, Tim Robinson, Peter Layton, Volodymyr Zelenskiy, Mette Frederiksen, Ritzau Scanpix, Mads Claus Rasmussen, there's, Michael Clark, Clark, Cancian, ISW, Layton, Robinson, DIMITAR DILKOFF, Noble, Chanceler Organizations: Service, Business, Ukraine, Analysts, Israeli Military Industries Systems, Israel Aerospace Industries, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society, Griffith Asia Institute, Royal Australian Air Force, Denmark's, Skrydstrup Airbase, REUTERS, Politico, Republicans, Russian Air Force, Getty, Noble Eagle, US Air Force Locations: Denmark, Ukraine, Russia, Moscow, Russian, Israeli, Netherlands, Norway, Belgium, France, Skrydstrup, Vojens, Arizona, Romania, British, Crimea, Ukrainian, AFP

☆ Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi
▼ + stars: | 2024-06-18 | by ( Riley De León | ) www.cnbc.com time to read: +3 min

Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi's latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital arm of Volvo. Using generative AI, Waabi has built a single AI system that is capable of reasoning, just as humans do, and that can come up with problems human minds couldn't conceptualize. The new investor round brings Waabi's total funding to $280 million since being founded in 2021. "This funding round gives us everything we need, both financially and strategically, to launch fully driverless trucks and accelerate our growth in 2025," Urtasun said.

Persons: Waabi, couldn't, Raquel Urtasun, Jensen Huang, Urtasun Organizations: Uber, Khosla Ventures, Nvidia, Porsche, Volvo, Uber Freight, U.S, Trucking, CNBC Locations: Toronto, Dallas, Houston, Texas, U.S, Waabi

☆ Woman accuses former Olympic swim coach of sexually abusing her as a teen and USA Swimming of failing to stop it
▼ + stars: | 2024-06-18 | by ( Amy Simonson | Eric Levenson | ) edition.cnn.com time to read: +5 min

He also founded the Bernal’s Gator Swim Club, an amateur swim club, and coached Le from 2006 to 2010. In February 2016, USA Swimming permanently banned Bernal for his abuse of an unnamed “Athlete A,” the lawsuit states. The suit accuses Bernal, USA Swimming and other defendants of violating the Trafficking Victims Protection Act. Further, the lawsuit accuses Bernal of sexual abuse and the others of negligence. USA Swimming is not a defendant in the lawsuit.

Persons: CNN —, Amanda Le, “ Amanda Le, Joseph Bernal, Bernal, Le, ”, Scott Leightman, ’ ’, Larry Nassar, Jon Little, ” Little, Nassar, doesn’t, Amanda, “ Amanda, Kimberly Stines, Little Organizations: CNN, of Fame, Court, Fordham, Harvard, American Swim, Hall of Fame, Swim, Le, Boston Globe, ’ ’ CNN, USA, Olympic, Paralympic Committee, Gator Swim, New, Stines Locations: Massachusetts, USA, New England, Bernal’s

☆ Opinion: Call it ‘Make America Chaste Again.’ And it’s a losing message for the GOP in 2024
▼ + stars: | 2024-06-17 | by ( Opinion Karen Finney | ) edition.cnn.com time to read: +9 min

In a recent television interview, Trump said he was considering restricting access to birth control and leaving the decision to the states. Taking to social media, Trump falsely claimed that neither he nor the Republican Party supported imposing restrictions on or banning birth control. The plans call for again attacking birth control through executive action, including threatening access to IUDs and emergency contraception. In Arizona, GOP Senate Majority Leader Sonny Borrelli absurdly suggested that women could simply hold “an aspirin between their knees” as birth control. In Iowa, legislation falsely conflated birth control with abortion to block the approval of over-the-counter birth control pills.

Persons: Karen Finney, Hillary Clinton, I’ve, Karen Finney Ralph Alswange, Donald Trump, Roe, Wade, — Trump, Trump, Wade —, Joe Biden, Kamala Harris, ”, Comstock, Stephen Miller, Roger Severino, Severino, Susan B, Anthony Pro, Donald Trump’s, Biden, Servino, Sonny Borrelli, Glenn Youngkin, Chuck Schumer, Kellyanne Conway, we’ve Organizations: CNN, Democratic, UCLA, MAGA Republicans, Republican Party, Trump, Trump Administration, GOP, Heritage Foundation, Trump Health, Human Services Department, Republican, Congressional Republicans, Republicans Locations: It’s, Roe, America, Arizona, Indiana, Iowa, Wisconsin, Alabama , Arizona, Florida, Georgia , Iowa, Louisiana , Mississippi , Nevada , North Carolina , Tennessee, Virginia, Alabama, American

☆ The job market has 3 weak spots that could bring steeper Fed rate cuts, Goldman Sachs says
▼ + stars: | 2024-06-17 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Comparing today's job market to previous years when the Fed cut rates also shows some cause for concern. AdvertisementIf the job market continues to weaken, that makes a greater case for the Fed to cut rates, the bank said. Related storiesHere are three areas of labor market weakness that could mean more downside for interest rates:1. Employment is also falling among workers aged 16-24, the "most volatile" cohort of the job market, strategists added. Just 10%-15% of new labor market entrants are finding a job, according to Goldman's analysis of labor market data.

Persons: —, Goldman Sachs Organizations: Service, Federal Reserve, Business, Labor, Fed, Department of Labor, Goldman Sachs Global Investment Research, of Labor Statistics, Goldman, Industries, Labor Department Locations: ManpowerGroup

☆ Video shows the Houthis attack a merchant ship with a naval drone seemingly disguised as a slow fishing boat
▼ + stars: | 2024-06-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewNew video footage appears to show the moments before a Houthi naval drone — seemingly disguised as a slow-moving fishing boat — struck a commercial vessel in the Red Sea last week. AdvertisementFootage showing the Moments right before as well as right after the Liberian-Flagged, Greek-Owned Bulk Cargo Ship, M/V Tutor was Struck on June 10th by a Houthi One-Way Surface Attack Drone while Transiting the Southern Red Sea. US Central Command said the ship "remains in the Red Sea and is slowly taking on water." AdvertisementSailors from the Dwight D. Eisenhower Carrier Strike Group assist distressed mariners rescued from the M/V Tutor on June 15, 2024. Last week's attack marked the Houthis' first successful USV strike since they began targeting shipping lanes in the Red Sea and Gulf of Aden last fall.

Persons: —, Dwight D, Eisenhower, Marc Miguez, Houthis Organizations: Service, Wednesday, Business, Liberian, United Kingdom Maritime Trade Operations, British Royal Navy, Cargo, Sea, Armed Security, Central Command, US Navy, Navy, Eisenhower Carrier Strike Group, US Naval Forces Central Command, . 5th, Eisenhower Carrier Strike Locations: Red, Iran, Gulf, Aden, Iranian, Gulf of Aden

☆ From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
▼ + stars: | 2024-06-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +14 min

This week, a judge signed off on Do Kwon and his bankrupt Terraform Labs settling with the U.S. Securities and Exchange Commission for $4.5 billion. This comes after a jury unanimously found Kwon and his company liable for securities fraud following less than two hours of deliberation. But investors piled in anyway, giving luna and UST a combined market value of almost $40 billion at one point. Terraform and Kwon fought our efforts to investigate – taking a fight over investigative subpoenas all the way to the Supreme Court. They are Caroline Ellison, the Alameda Research CEO who at one time dated Bankman-Fried; FTX engineering chief Nishad Singh; and Gary Wang, the co-founder and chief technology officer of FTX.

Persons: Kwon, Woohae Cho, Sam Bankman, Changpeng Zhao, Luna, atoning, Alex Mashinsky, Wall, Stevo Vasiljevic, Reuters Kwon, He's, Satoshi Nakamoto, Elon Musk, Mike Novogratz, Gary Gensler, –, Fried, Fatih Aktas, Lewis Kaplan, Kaplan, Bankman, convicting, Prosecutors, Ryan Salame, Caroline Ellison, Nishad Singh, Gary Wang, FTX, Jason Redmond, Zhao, Richard Jones, …, Binance, Justin Sullivan Organizations: Terraform Labs, Bloomberg, Getty, U.S, Forbes, Arrows Capital, Voyager, U.S . Securities, Exchange Commission, Labs, U.S . Justice Department, Futures Trading Commission, Treasury Department, bitcoin, BlackRock, Fidelity, Reuters, terraUSD, UST, Traders, Twitter, SEC, Supreme, Anadolu Agency, Alameda Research, ., Republicans, Bankman, AFP, of Prisons, District, Bank, DOJ, CFTC, Treasury, Binance, New, Commercial Bank Locations: U.S, Balkans, Podgorica, Montenegro, Singapore, Dubai, Serbia, Balkan, South Korea, United States, lockstep, New York, Manhattan, Seattle, Lompoc , California, Binance

☆ A couple who achieved financial independence and retired in their 30s shares their $280,000 a year budget raising 2 kids in San Francisco
▼ + stars: | 2024-06-16 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

AdvertisementHow a FIRE family budgetsIn 2012, Dogen reached financial independence after 13 years in banking, predominantly in San Francisco. His wife retired in 2015 at 35 and worked part-time until they had their first kid. Other family expenses include $7,800 for three family vacations, $6,000 for entertainment, including sporting events and social functions, and $4,200 for baby items. He also said he feels safer as an Asian American in San Francisco than in many other parts of the country. He's itching to "fill that void" with part-time consulting work in the tech or startup industry, hoping to get more involved with AI companies in San Francisco.

Persons: —, Sam Dogen, haven't, Dogen, Uber, should've, they're, I'm, he's, it's, Dogen didn't, didn't, you've, I've Organizations: Service, Business, FIRE, Bay Area, Uber Locations: San Francisco, American, Memphis, Houston, Bay

☆ China wants a fleet of aircraft carriers for pride and power, and it's building it at a breakneck pace
▼ + stars: | 2024-06-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Read previewChina is building a fleet of aircraft carriers, making technological and capability jumps at a breakneck pace. An aerial drone photo taken on May 1, 2024 shows China's third aircraft carrier, the Fujian, during its maiden sea trials. The aircraft carrier USS Gerald R. Ford transits the Strait of Gibraltar, Jan. 5, 2024. For China, having aircraft carriers allows it to enjoy many of those perks. A composite image shows the American flag flying near the bridge of the US Navy's first-in-class aircraft carrier USS Gerald R. Ford and the Chinese flag flying near China's aircraft carrier Shandong.

Persons: —, Pu, would've, Matthew Funaiole, Xi Jinping, Kyle Amonson, Dane Egli, Xi, Funaiole, Gerald R, Navy Petty, Jacob Mattingly, Trenton, Li Gang, Cmdr, Michael Dahm, Peter W, Singer, Guy Snodgrass Organizations: Service, Business, Ford, Getty, China Power, Center for Strategic, International Studies, Jiangnan Shipyard, Getty Images, People's Liberation Army, Communist Party, US Coast Guard, Pacific Affairs, Chinese Communist Party, US Navy, Navy, DoD Aircraft, South China Seas, Pacific, Communication, Trenton Edly, US, New America, Defense, PLA Navy's Locations: China, Fujian, Shandong, Liaoning, Xinhua, Getty Images China, Taiwan, People's Republic of China, Gibraltar, Jan, South, Beijing

☆ US Navy warships are stuck in a Red Sea battle they can't fight forever
▼ + stars: | 2024-06-15 | by ( Jake Epstein | ) www.businessinsider.com time to read: +11 min

Components of the Dwight D. Eisenhower Carrier Group steam in formation with the Italian navy in the Red Sea on June 7. A fighter jet parks on the deck of the USS Dwight D. Eisenhower in the Red Sea on June 11. Elements of the Eisenhower strike group have already left the Red Sea once to be rearmed and resupplied, and the Pentagon recently extended its monthslong deployment for a second time. A fighter jet is launched from the USS Dwight D. Eisenhower during a strike against Houthi military targets in Yemen on Feb. 3. A commercial ship in the Red Sea in March.

Persons: —, they've, Dwight D, Navy Carlos Del Toro, What's, Eisenhower, Bernat, National Intelligence Avril Haines, Joseph Votel, John Kirby, Jorge LeBaron, Haines, Biden, Brian Finucane, Finucane, Votel, Mohammed Hamoud, That's, Nadimi Organizations: Service, US Navy, Business, Washington, Eisenhower Carrier Group, Eisenhower Carrier Strike, Ike, Navy, Pentagon, US Central Command, AP, National Intelligence, White House National Security Council, BI, Handout, US, Crisis, US State Department, Screengrab, Ministry of Defense, Defense Intelligence Agency, Galaxy Leader, The Washington Institute for Near East Locations: Gulf of Aden, Yemen, Saudi Arabia, Israel, Western, Africa, Gaza, Persian, Bab, Red

☆ Ukraine peace summit to kick off in Switzerland without China and Russia
▼ + stars: | 2024-06-15 | by ( Tim Lister | ) edition.cnn.com time to read: +3 min

CNN —Nearly 100 countries and organizations are attending a major conference in Switzerland dedicated to setting out a path toward peace between Ukraine and Russia, but there will be no delegation from Moscow. The meeting, which is being held at a resort near Lucerne, will be attended by Ukrainian President Volodymyr Zelensky, who wants to gather support for the 10-point peace plan he first outlined late in 2022. It has said that any such meeting needs to be attended by both Russia and Ukraine. On Friday, the day before the summit was set to kick off, Russian President Vladimir Putin restated the Kremlin’s own peace plan, which Ukraine is unlikely to ever agree to. That most of the world is on the side of Ukraine, on the side of life.

Persons: Volodymyr Zelensky, Kamala Harris, Fumio Kishida, Ukraine’s , Vladimir Putin, Putin, Zelensky, ”, Zelensky “ Putin, ” Zelensky Organizations: CNN, Ukrainian, White, Japanese, NATO, Russian, Luhansk – Locations: Switzerland, Ukraine, Russia, Moscow, Lucerne, France, Germany, China, Donetsk, Luhansk, Kherson, Zaporizhzhia

☆ Inside America's Fastest-Growing City, a Little-Known Gem in Texas
▼ + stars: | 2024-06-15 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +12 min

Just about 41 miles north of Dallas lies Celina, a small North Texas town that is America's fastest-growing city. Downtown Celina, Texas. Their metamorphosis into sprawling suburban metropolises has been greatly influenced by the ongoing expansion of the North Texas Tollway, which has increased accessibility to the previously remote cities. AdvertisementNew businesses are moving into the cityWith more people living in the city, Celina's economy is also growing as local businesses and services benefit from increased demand. However, Joe Monaco, director of marketing and communications for the city of Celina, told BI that there were "countless volunteers who came out."

Persons: There's, Katy, Ryan Tubbs, Celina, Celina Alcynna Lloyd, Taylor Morrison, Toll, Tubbs, Bankrate, Casas, Aaron Graham, Graham, They're, Tracy Miller, Celina —, Miller, Alcynna Lloyd, —, Sandy Lewis, It's, Celina ., Joe Monaco Organizations: Business, Downtown, Houston, homebuying, North Texas Tollway, Tollway, North Texas Tollway Authority, Celina, Highland Homes, Texans, Homes, Olympic, JC, Real, Group, Mustang, Highland, Little Elm, Troubadour, Celina's, Centurion American Development Group, Dallas, WFAA Locations: Dallas, Celina, North Texas, Collin County, Texas, California, Florida, Georgia , Illinois, Missouri, Africa, Asia, Central America, Europe, Downtown Celina , Texas, Celina Texas, United States, Austin, Celina , New Braunfels, Prosper, Frisco, Plano, Frisco ., Highland, Celina —, Wilson Creek, Cambridge, East Coasts, New York

☆ ‘You unite people,’ Pope Francis tells star-studded cast of global comedians in Vatican
▼ + stars: | 2024-06-14 | by ( Christopher Lamb | Simone Mccarthy | ) edition.cnn.com time to read: +3 min

CNN —As world leaders gather in Italy for a summit addressing entrenched global crises, Pope Francis hosted an international gathering of a different sort on Friday to broadcast his own message – of the importance of humor. The leader of the Catholic Church hosted the equivalent of a conclave of comedians in the Vatican by inviting Whoopi Goldberg, Jimmy Fallon, Julia Louis-Dreyfus, Chris Rock, Stephen Colbert, Conan O’Brien and others to the Vatican. Over 200 people were in the audience at the Apostolic Palace, with more than 100 comedians from 15 countries. You denounce abuses of power; you give voice to forgotten situations; you highlight abuses; you point out inappropriate behavior,” Pope Francis added. US President Joe Biden, a Catholic who has a warm relationship with Francis, is among the leaders expected to be present at the gathering.

Persons: Pope Francis, Whoopi Goldberg, Jimmy Fallon, Julia Louis, Dreyfus, Chris Rock, Stephen Colbert, Conan O’Brien, Goldberg, Louis, Pope, ” –, ” Pope Francis, ”, Joe Biden, Francis, Francis ’, Tig Notaro, Jim Gaffigan, Colbert, Fallon, O’Brien, CNN’s Christiane Amanpour Organizations: CNN, Catholic Church, Catholic, Venice Biennale Locations: Italy, Ukraine, Venice, Vatican

☆ A new plane Ukraine is getting will amplify its F-16s and eat into Russia's advantage in the air, experts say
▼ + stars: | 2024-06-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe arrival of a new type of aircraft for Ukraine will give it an advantage it's not had before, and will help boost the effectiveness of its promised F-16s, experts told Business Insider. Sweden announced late last month that it is giving Ukraine two ASC 890 airborne control and surveillance aircraft, which act as command centers in the air. They remain highly vulnerableDuring the war, Russia has been using its own A-50 Airborne Early Warning & Control aircraft to monitor Ukraine's air space and coordinate attacks. AdvertisementThe experts said hanging back is also likely the best approach for Ukraine's first F-16s, so the jets can protect cities and infrastructure while staying away from most of Russia's weaponry.

Persons: —, it's, Ukraine Tim Robinson, Pal Jonson, Jose Miguel T, Mark Cancian, Peter Layton, Alexander Zemlianichenko, Layton, Cancian Organizations: Service, Ukraine, Business, UK's Royal Aeronautical Society, Swedish, US Air Force, Marine, Center for Strategic, International Studies, Griffith Asia Institute, Royal Australian Air Force, Control, AP, Aircraft Locations: Ukraine, Sweden, Swedish, Russia, Denmark, Netherlands, Norway, Belgium

☆ 3 risks to global economic growth
▼ + stars: | 2024-06-13 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The World Bank on Tuesday raised its 2024 outlook for global economic growth to hold steady at 2.6%, an increase from its previous projection of 2.4% growth. “Four years after the upheavals caused by the pandemic, conflicts, inflation, and monetary tightening, it appears that global economic growth is steadying,” Indermit Gill, the World Bank’s chief economist, said in a release accompanying the report. Prospects for the world’s poorest economies are even more worrisome.”Here are three risks the World Bank sees. The World Bank said that spillover risk from the Russia-Ukraine war and Israel-Hamas war could curb global growth by pushing up oil prices and shipping costs. Trade tensions are already brewing between some of the world’s biggest global economic engines.

Persons: ” Indermit Gill, Jerome Powell, ”, Ayhan Kose, Danielle Wiener, Bronner, Joe Erlinger, aren’t, TikTok, John S, James L, Donald Trump, Joe Biden’s, Biden Organizations: CNN Business, Bell, New York CNN, Bank, World Bank, European Central Bank and Bank of Canada, US Federal Reserve, European Commission, EU, Bureau of Labor Statistics, McDonald’s, Pew Research Center, Knight Foundation, TikTok Locations: New York, Russia, Ukraine, Israel, India, Mexico, United States, France, United Kingdom, China, Beijing

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