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In February, the Met revealed Ballard’s 1962 short story “The Garden of Time” as the forthcoming red carpet theme. Victor Virgile/Gamma-Rapho/Getty ImagesThere is little glitz and glamor in Ballard’s world — or if there is, it doesn’t last for long. David Cronenberg's adaptation of JG Ballard's "Crash" debuted at Cannes Film Festival in 1996. In 2021, American designer Thom Browne’s Spring-Summer catwalk at New York Fashion Week also imagined life behind Count Axel’s garden wall. And now with the Met Gala theme, the beautiful flower that dies as soon as it’s plucked, it connects back to fashion being ephemeral.
Persons: Manus, Andrew Bolton, JG Ballard, Count Axel, Axel, Count, Countess, Thom Browne, Victor Virgile, , you’ve, Steven Spielberg’s, David Cronenberg’s, , it’s, Ballard, David Cronenberg's, Ronald Siemoneit, Thom Browne’s, Browne, Alon Livné, Andrew Groves, Estrella de Mar, ” Groves, McQueen, Jeremy Scott, Marie, Christiane Marek, Jeremy Scott's, Jeremy Scott “, ” Scott, Scott, , Nigel Coates, Caffè, Coates, Caffè Bongo, brandished Coates, Caffe, Edward Valentine, Charli XCX, Madonna’s, Ian Curtis, Stanley Donwood, Groves Organizations: CNN, York’s Metropolitan Museum of Art, West, Technology, Costume Institute, Bolton, New York, Sun, Cannes Film, Estrella de, Paris Fashion, Division, Preachers, Fourth Estate Locations: China, British, France, American, Israeli, London, Estrella, Tokyo,
Baltimore bridge collapse: 5th body recovered
  + stars: | 2024-05-02 | by ( Joe Sutton | ) edition.cnn.com   time to read: +2 min
CNN —Authorities have recovered the body of a fifth victim in the Baltimore bridge collapse five weeks ago, officials said Wednesday. A 213-million-pound cargo vessel slammed into the Francis Scott Key Bridge on March 26, crippling the structure and killing six workers repairing potholes on it. The six construction workers were immigrants from Honduras, El Salvador, Mexico and Guatemala. “Maryland State Police investigators along with officers from the Maryland Transportation Authority Police and the FBI responded to the scene and recovered the body of a fifth construction worker inside a red truck,” he added. Attorneys representing the families of two deceased workers and a victim who survived the fall have started their own investigation.
Persons: Miguel Angel Luna Gonzalez, Glen, Francis Scott Key, Luna, Roland L, Butler , Jr, Miguel Luna, CNN Butler, Organizations: CNN — Authorities, Unified Command, Francis Scott Key Bridge, CNN, El, CASA, “ Unified Command, Maryland Department of State Police, State Police, Maryland State Police, Maryland Transportation Authority Police, FBI, US Coast Guard, Grace Ocean Private Limited, Synergy Marine PTE LTD Locations: Baltimore, Glen Burnie , Maryland, Honduras, El Salvador, Mexico, Guatemala, Maryland
The sell-off that battered stocks in April probably won't stretch into May, according to Fundstrat's Tom Lee. AdvertisementThe stock market's sell-off could be over, and five bullish signals the Fed gave at its latest policy meeting are setting the stage for gains in May, according to Fundstrat's head of research Tom Lee. Investors are now pricing in a 69% chance the Fed could rate rates once or twice by the end of the year, according to the CME FedWatch tool. Stock investors have already perked up on a brighter outlook for Fed rate cuts this year. Stocks reacted positively to the Wednesday Fed meeting.
Persons: Tom Lee, Lee, , Powell, presser, Stocks Organizations: Service, Markets, Fed, stagflation, Investors
CNN —An eerie relative calm has descended on the Middle East — Gaza obviously excluded — since a highly alarming exchange of missile, rocket and drone attacks by Israel and Iran in recent weeks. Now, the recent exchange of direct military attacks with Iran might have sealed Lebanon’s fate, unless team Biden can restrain Israel. On April 1, Israel struck an Iranian diplomatic facility in Damascus, killing a number of senior Iranian officials including Brig. As Israel’s forces moved south through Gaza, obliterating Hamas brigades with relative ease, its thinking relatively quickly turned north again. If this happens, a primary US goal regarding the Gaza war — conflict containment — would be shattered not by Washington’s adversaries, but ironically by its closest regional partner.
Persons: Hussein Ibish, Read, Biden, Israel, Mohammad Reza Zahedi, Haji Rahimi, Hossein Amirollah, Louai Beshara, Benjamin Netanyahu, Yoav Gallant, Charbel Mallo, Israel —, Joe Biden Organizations: Gulf States Institute, Israel, CNN, Biden, Hezbollah, Brig, Iran’s, Quds Force, Getty, Iranian, Israeli Locations: Washington, East, Gaza, Israel, Iran, Lebanon, Iranian, Damascus, Brig, Syria, AFP, Tehran, United States, Kafr Kila, Lebanese
Sarah Wildman: I’m Sarah Wildman, a staff editor and writer for Times Opinion. Newsreel: (Protest chants)Campus protests and rallies have been percolating since Oct. 8, but in the past week, something shifted. Newsreel: New York City police used force last night to zip-tie the hands of dozens of student protests and hauled them away in buses. Newsreel: Protests against Israel’s assault on Gaza have rocked campuses from coast to coast over the past week. They should be focused on granting equal access, equal rights to various sides of campus disputes.
Persons: Sarah Wildman, I’m Sarah Wildman, David French, David, He’s, Sarah, Locations: York City, Gaza
Both the American College of Obstetricians and Gynecologists and the Society for Maternal-Fetal Medicine support the recommendation, saying low-dose aspirin is safe and not likely to cause complications. Despite all the data, too few pregnant women at risk are taking baby aspirin, and too few doctors recommend it. A 2022 study found that Black women are less likely to be told to take baby aspirin, even when they meet the criteria. In addition, only about one in five families surveyed said they were familiar with interventions like baby aspirin. Having had the condition once, Ms. Felix knew she might develop it again during her second pregnancy, so she decided to take baby aspirin.
Persons: haven’t, Harris, , Elizabeth Cherot, , Allyson Felix, Felix, Cherot Organizations: U.S . Preventive Services Task Force, American College of Obstetricians, Society for, Dimes, Wednesday Locations: U.S
Highway collapse kills 19 people in southern China
  + stars: | 2024-05-01 | by ( Wayne Chang | ) edition.cnn.com   time to read: +1 min
CNN —Nineteen people have been killed after a highway collapsed in China’s Guangdong province on Wednesday, according to the country’s state broadcaster, CCTV. A section of the express highway connecting Meizhou City and Dapu City in Guangdong Province collapsed at around 2:10 a.m. on Wednesday, leaving eighteen cars trapped, CCTV reported. Southern China has been bombarded with heavy rain in recent weeks. Guangdong province, an economic powerhouse home to 127 million people, has seen widespread flooding, which has forced more than 110,000 people to relocate, state media reported, citing the local government. The floods have killed at least four people in Guangdong, including a rescue worker, state news agency Xinhua reported Monday.
Organizations: CNN, Xinhua Locations: China’s Guangdong, Meizhou City, Dapu City, Guangdong Province, Guangdong, Southern China, Hong Kong
The 10-year Treasury yield at one point in April neared 4.75% after starting the year below 4%. The anecdote, coupled with troubling inflation and economic growth data in April, helped push Treasury yields higher. More worrisome Powell commentary Wednesday after the Fed decision could further spike Treasury yields — or perhaps, he will sound confident the Fed still has a handle on inflation and rates will decline in response. However, that climb could run out of steam if Federal Reserve comments on Wednesday force Treasury yields higher. Higher interest rates constrain technology companies' ability to post the type of strong growth the sector has become synonymous with in recent years.
Persons: Stocks, Jerome Powell, worrisome Powell, Goldman Sachs Organizations: Federal, Tesla, Micro, Treasury
Richard Branson doesn't want to be defined by his money. Specifically, he finds it "quite insulting" when he is introduced as "the billionaire Richard Branson," rather than as the co-founder of Virgin Group, he tells CNBC Make It. "Maybe in America, 'billionaire' is a sign of success, but that rankles me," says Branson. "Your reputation is [whether] your team of people who work with you are proud of what they've created," Branson says. Financial success has often followed, but Branson is adamant that money has never been his chief motivating force.
Persons: Richard Branson doesn't, Richard Branson, Forbes —, they've, Branson, Organizations: Virgin Group, CNBC, Branson, Virgin Atlantic, Virgin Mobile Locations: America, Branson, Vietnam
The Supreme Court denied military chaplains' lawsuit claiming retaliation for refusing the COVID-19 vaccine. The appellate court ruled that the Defense Department's decision in January 2023 to rescind the vaccine mandate rendered the chaplains' case moot. The Defense Department was later ordered to pay $1.8 million in legal fees as settlement for two lawsuits over the mandate. An aeromedical technician fills a syringe with the COVID-19 vaccine at the Pittsburgh International Airport Air Reserve Station in Pennsylvania. US Air Force photo by Joshua J. SeybertThe Defense Department began requiring service members to get the COVID-19 vaccine in August 2021.
Persons: , recrimination, Mauricio Campino, Israel Alvarado, Joshua J, Johnson Organizations: Defense Department, Service, Appeals, Fourth Circuit, Defense, Airmen, Dover Air Force Base, US Air Force, Austin, Pentagon, Navy, Fifth Circuit, US, The Defense Department, Pittsburgh International Airport Air Reserve, Moderna, Pfizer, Johnson, Air Force, Space Force Locations: Delaware, Israel Alvarado et, Pennsylvania, COVID, China
Washington CNN —GOP Rep. Marjorie Taylor Greene announced Wednesday she will force a vote over House Speaker Mike Johnson’s ouster next week – a move that comes after Democrats have said they will vote to kill the effort and ensure Johnson doesn’t lose his job. “This motion is wrong for the Republican Conference, wrong for the institution, and wrong for the country,” the speaker said in a statement after Greene’s announcement. Greene originally filed the motion to oust Johnson in March amid conservative anger over the Louisiana Republican’s handling of the government funding fight. A floor vote to oust Johnson would require a majority to succeed, but it can still be preempted. It was a warning to stop serving the Democrats and support our Republican conference and support our agenda.
Persons: Marjorie Taylor Greene, Mike Johnson’s, Johnson doesn’t, , , Johnson, Kevin McCarthy, Greene, Donald Trump, Trump, President Trump, ” Greene, Marjorie Taylor Greene’s, Hakeem Jeffries, Mike Johnson, Jeffries, CNN’s Melanie Zanona, Aileen Graef Organizations: Washington CNN, GOP, Republican Conference, Republican, House Democratic, , Democratic Locations: Louisiana, Ukraine
Seoul, South Korea CNN —China’s newest, largest and most-advanced aircraft carrier, the Fujian, took a big step to joining the world’s largest naval fleet on Wednesday as it set out from Shanghai for its first sea trials. “The sea trials will primarily test the reliability and stability of the aircraft carrier’s propulsion and electrical systems,” read an announcement from the state-run Xinhua news agency on Wednesday. The warship was launched in 2022 and has “completed its mooring trials, outfitting work and equipment adjustments” working up to the latest sea trials, Xinhua said. A tugboat tows China's third aircraft carrier, the Fujian, away from a dock in east China's Shanghai on May 1, 2024. The American aircraft carrier USS Gerald R. Ford is seen from the air anchored in Italy in the Gulf of Trieste on September 18, 2023.
Persons: Li Tang, , John Bradford, Carl Schuster, Gerald R Ford, ” Bradford, Gerald R, Ford, Andrej Tarfila, Schuster, ” Schuster, Brian Hart, Yuan Huazhi, John F Kennedy, Doris Miller Organizations: South Korea CNN —, Jiangnan Shipyard, Maritime Safety Administration, Xinhua, Liberation Army, United States Navy, PLAN, Foreign Relations International Affairs, US, Pacific Command’s Joint Intelligence, Nimitz, Ford, Center for Strategic, International Studies, Analysts, American, Chinese Defense Ministry, China Power, CSIS, Times, US Navy, Enterprise Locations: Seoul, South Korea, Fujian, Shanghai, East China, Jiangnan, Shandong, Liaoning, Italy, Gulf of Trieste, China
Huawei’s comeback gathers pace as quarterly profit surges
  + stars: | 2024-05-01 | by ( ) edition.cnn.com   time to read: +2 min
Beijing Reuters —Huawei Technologies’s net profit leapt 564% to 19.65 billion yuan ($2.71 billion) in the first quarter, a regulatory filing by its parent company showed on Tuesday, as it continues to recover from US sanctions. Huawei’s revenue for the quarter to the end of March rose 37% to 178.5 billion yuan, the filing to China’s National Interbank Funding Center showed. It did not break down how business units, such as consumer and smart car components, performed. Apple’s share in the world’s biggest smartphone market fell to 15.7% in the first quarter from 19.7% a year earlier. It has become a force in smart car technology too, with its driver assistance system touted by at least seven Chinese automakers at the Beijing auto show.
Persons: “ digitalization, decarbonization ”, Counterpoint Organizations: Beijing Reuters, Huawei, Apple Locations: Beijing
The oil terminal’s piers stretch just a few score yards into the Black Sea from the Bulgarian coast. For 25 years, the Russian crude they received fed a sprawling network of economic and political influence that helped keep Bulgaria tethered tightly to the Kremlin. In recent months, however, Russia has steadily lost its grip on the Rosenets Oil Terminal, near the Black Sea port city of Burgas. Bulgaria has taken back control of the piers and has laid plans to take over management of the refinery from its Russian owner, Lukoil, if it balks at processing non-Russian oil. In January, Bulgaria halted shipments of Russian crude.
Locations: Bulgarian, Bulgaria, Russian, Russia, Burgas
Anthropic CEO Dario Amodei said training AI could one day cost $100 billion. Amodei told CNBC that he isn't worried about the commoditization of large language AI models. Amodei told CNBC that current models already cost a company $100 million to develop — and that price will only increase as the technology advances. "I think we're going to see models trained in the next year are going to be about $1 billion," Amodei told the outlet. Amodei said some AI models may specialize in topics like law or national security, while others could gain expertise in biochemistry.
Persons: Dario Amodei, Amodei, , Claude, Daniela Amodei, Elon Musk, we're Organizations: CNBC, Service, Amazon, Google Locations: Anthropic
(Photo by Davit Kachkachishvili/Anadolu via Getty Images)Tear gas, stun grenades and water cannons were reportedly used by riot police against protesters in Georgia's capital Tbilisi as demonstrations over a so-called "foreign agent" bill escalated. Clashes lasted until late into Tuesday night, with police trying to disperse protesters which the Georgian internal ministry said were breaking demonstration laws by blocking entrances and exits to the country's parliament. "Totally unwarranted, unprovoked and out of proportion use of force ongoing in Tbilisi against peaceful protesters," Georgia's President Salome Zourabichvili said in a post on social media platform X. The bill would force non-governmental organizations, campaign groups and media platforms who receive at least 20% of funding from abroad to register as "foreign agents." They would also be under close scrutiny by Georgia's justice ministry and be made to share sensitive details with authorities, or be faced with large fines.
Persons: Davit Kachkachishvili, Salome Zourabichvili Organizations: Getty Locations: Tbilisi , Georgia, Anadolu, Georgia's, Tbilisi
CNN —The US Air Force is preparing new charges within the military justice system against the Massachusetts Air National Guardsman who pleaded guilty in federal court earlier this year to posting a trove of highly classified intelligence reports and other documents on social media, according to an Air Force spokesperson. But after “close coordination” with the Justice Department, the Air Force has“determined that separate and distinct charges” should be referred against Teixeira “for alleged misconduct related to his military duties,” the spokesperson said. The Air Force will hold a first hearing to review evidence on May 14 at Hanscom Air Force Base in Massachusetts, the spokesperson said. Prosecutors alleged that while working at a Cape Cod airbase, Teixeira posted messages that included classified information in a Discord chat room called “Thug Shaker Central” before eventually posting photos of documents marked as classified. The documents, some of which were reviewed by CNN, included a wide range of highly classified information, such as blunt assessments on the state of the Russia-Ukraine war.
Persons: Jack Teixeira, Teixeira “, Teixeira, , , CNN’s Hannah Rabinowitz Organizations: CNN, US Air Force, Massachusetts Air National, Air Force, Prosecutors, Justice Department, Department of Justice, United States Air Force, Military, The Air Force, Hanscom Air Force Base Locations: Massachusetts, Russia, Ukraine, States
Federal Reserve officials are fiercely protective of their separation from politics, but the presidential election is putting the institution on a crash course with partisan wrangling. Fed officials set policy independently of the White House, meaning that while presidents can push for lower interest rates, they cannot force central bankers to cut borrowing costs. Incumbent politicians generally want low interest rates, which help to stoke economic growth by making borrowing cheap. But the Fed uses higher interest rates to keep inflation slow and steady — and if politicians forced to keep rates low and goose the economy all the time, it could allow those price increases to rocket out of control. Pressuring officials for lower rates was unlikely to help, administrations reasoned, and could actually backfire by prodding policymakers to keep rates higher for longer to prove that they were independent from the White House.
Organizations: Federal, White
Exactly 56 years to the day after the 1968 student occupation at Columbia University was violently cleared by the New York Police Department, hundreds of police officers moved into the Manhattan campus on Tuesday night to quell a different kind of antiwar protest. Dozens of pro-Palestinian demonstrators were arrested as police officers entered Columbia’s main campus, which was on lockdown, and cleared Hamilton Hall of a group who had broken in and occupied it the night before. It was a dizzying and, to many students and faculty, disturbing 24 hours on campus. Last time, students were protesting the Vietnam War and Columbia’s plans to expand its campus into Harlem. Both times, the students had occupied Hamilton Hall.
Organizations: Columbia University, New York Police Department, Hamilton, of, Hamilton Hall Locations: Manhattan, Columbia’s, Vietnam, Harlem, Gaza, Israel
CNN —Red Bull’s pioneering engineer and Chief Technical Officer Adrian Newey is set to leave the outfit in the first quarter of 2025, the team announced in a statement on Wednesday. Prior to Red Bull, the 65-year-old enjoyed successful spells at Williams and McLaren. “For almost two decades, it has been my great honour to have played a key role in Red Bull Racing’s progress from upstart newcomer to multiple title-winning team,” Newey said in the statement released by Red Bull. He was later cleared of any wrongdoing as announced by the Formula One team’s parent company, Red Bull GMBH. According to multiple reports in March, Red Bull suspended the female employee who had leveled the accusations against Horner.
Persons: Adrian Newey, Newey, Red Bull, McLaren, ” Newey, , Christian Horner, ” Horner, , Dietrich Mateschitz, Max Verstappen, Clive Mason, Horner, Mercedes ’ Toto Wolff Organizations: CNN, Red Bull, Constructors, Williams, , Red Bull Racing Team, Red, Dutchman, Prix, Getty, Australian, Formula, Red Bull GMBH
The one person we know of so far who has tested positive for infection (a mild case) was a Texas dairy worker. Agricultural workers have always been an underprotected population for zoonotic diseases, including influenza viruses of animal origin. So far, bird flu testing of this cohort has been woefully inadequate. The exact number of dairy workers and other people who have so far been tested for H5N1 is not publicly available at the federal level. There is no excuse to continue only limited testing of this vulnerable population.
Persons: Organizations: for Disease Control Locations: United States, Texas, slaughterhouses
But research from the bipartisan Tax Foundation suggests otherwise, and says Trump's 2018 trade war was also economically damaging. The non-partisan Tax Foundation would beg to differ. Tax Foundation estimates that the tariffs then imposed have amounted to an $80 billion tax increase on Americans. Nobody else ever did anything on China," Trump explained. More tariffs under Trump could be poorly timed, as US monetary policy is already struggling to clamp down on current inflation levels.
Persons: Trump, , Donald Trump, Biden, Kenneth Rogoff Organizations: Time Magazine, Foundation, Service, Time, Republican, Trump, Federal Reserve Locations: China, India, Brazil, United States, Beijing
70 House Democrats voted against it, including the longest-serving Jewish House Democrat. AdvertisementThe House of Representatives passed a bill on Wednesday designed to crack down on antisemitism on college campuses. The bill sailed through by a 320-91 bipartisan vote, with 70 House Democrats and 21 House Republicans voting against it. In December, Nadler also led 92 House Democrats in voting "present" on a GOP-sponsored resolution that equated anti-Zionism with antisemitism. 13 House Democrats voted against the resolution outright.
Persons: , Mike Lawler, That's, Jerry Nadler —, Nadler, Hakeem Jeffries, Mike Johnson, Marjorie Taylor Greene, Jesus Christ, Jesus, Herod, Read, Y0eeOiVfnw —, Marjorie Taylor Greene 🇺🇸 ( Organizations: Jewish House Democrat, Service, Democrats, Republicans, Lawmakers, Republican Rep, of Education, International Holocaust, Alliance, State, Jewish House, Department of Education, Department, Education, GOP, Interagency, Force, House, Catholic Locations: York, Israel, Georgia
CNN —Donald Trump used his day off from a criminal trial related to a past election to cast a dark, familiar shadow over the next one. Trump cut an unrecognizable figure from the grim ex-president who bleats a daily dirge of complaints about his hush money trial outside Judge Juan Merchan’s court. On specific issues, surveys show Trump leading Biden on most issues including the economy, immigration, and the Israel-Hamas war. “A chilling glimpse into Trump’s second term plansSix months before the election, Trump’s searing campaign rhetoric is becoming less an exercise in performative demagoguery than a blueprint for a potential second term. In the Time interview, Trump comes across as confident and determined to learn the lessons of his first term in which he claims he was let down by “bad” officials.
Persons: Donald Trump, Joe Biden, , Trump, bleats, Juan Merchan’s, ” Trump, he’s, Merchan, Joe Biden’s, Biden, Kamala Harris, Roe, Wade, David Axelrod, Barack Obama, Axelrod, CNN’s Erin Burnett, , Trump’s, doesn’t, he’d, It’s, Eric Cortellessa, ” He’s, quagmire, it’s Organizations: CNN, Milwaukee Journal Sentinel, Capitol, shudder, White, Democratic Party, , Columbia University, Trump, National Guard, Guard, Republican, , Locations: Wisconsin, Michigan, Manhattan, America, crackdowns, , “ New York, North Carolina, Israel, Florida, Freeland , Michigan, Washington, China
Barclays says it doesn't invest in defence firms supplying Israel
  + stars: | 2024-05-01 | by ( ) www.cnbc.com   time to read: +2 min
A Palestinian flag is held by a cash machine during Dorset Palestine Solidarity Campaign's protest outside the branch of Barclays Bank, April 20, 2024 in Dorchester, United Kingdom. Barclays does not invest in companies that supply weapons used by Israel in Gaza, the British bank said on Wednesday, after one of its branches in London's financial district was targeted by pro-Palestinian activists. The bank has also faced criticism for providing financial services to defence firms that produce equipment used by the Israeli Defence Force. "We have been asked why we invest in nine defence companies supplying Israel, but this mistakes what we do," the lender said on its website. We are not making investments for Barclays and Barclays is not a 'shareholder' or 'investor' in that sense in relation to these companies," it said.
Organizations: Dorset Palestine Solidarity, Barclays Bank, Barclays, Israeli Defence Force, NATO, New York City, Columbia University campus, University of California, UCLA Locations: Dorset, Dorchester , United Kingdom, Israel, Gaza, Moorgate, London, U.S, New York, Los Angeles
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