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What Ukraine Has Lost
  + stars: | 2024-06-03 | by ( Marco Hernandez | Jeffrey Gettleman | Finbarr O Reilly | ) www.nytimes.com   time to read: +21 min
What Ukraine Has Lost A drone photograph shows numerous severely damaged buildings with labels highlighting residential buildings, a football field and a high school. This is the first comprehensive picture of where the Ukraine war has been fought and the totality of the destruction. More buildings have been destroyed in Ukraine than if every building in Manhattan were to be leveled four times over. In mid-May, the Russians bombed some towns in northeastern Ukraine so ferociously that one resident said they were erasing streets. “No matter how unpatriotic it may sound, there’s not much future for her in Ukraine,” Ms. Hrushkovska said.
Persons: it’s, Corey Scher, Den, Finbarr, Jamon, Diego Ibarra Sánchez, Marinka, , Iryna Hrushkovksa, , Hrushkovska’s, Hanna Horban, ” Ms, Hrushkovska, ” Marinka, Celestino Arce, Tyler Hicks, Laura Boushnak, Finbarr O’Reilly, Horban, Horban’s, Vova, Svitlana Moskalevska, Olha Herus, “ Fish, Jan, Serhii Nuzhnenko, Gleb Garanich, Leonid Ragozin, Varvara, Herus’s, Tetiana, Ms, Herus, Reni, Izmail, Vavara, Varvara Hrushkovska, Hanna Kovalenko, “ It's, ” Artem Hoch, Danylo Organizations: New York Times, City University of New York Graduate Center, Den Hoek of Oregon State University, The New York Times, Copernicus Sentinel, Maxar Technologies, Google, Russia’s Defense Ministry, Ukraine ., Museum of Local, People’s Museum, Getty, Ukrainian Army, Reuters, SHEVCHENKA, SHCHORSA, New York, Kyiv Kharkiv, Ukrainian, Chernihiv Kyiv Kharkiv UKRAINE Dnipro, Kherson Mariupol, Kyiv Kharkiv UKRAINE Mariupol, Microsoft Bing, Institute for, American, The New York Locations: Ukraine, Russia, Marinka, Kyiv, Mariupol, Rubizhne, Kherson, Kharkiv, Manhattan, Dresden, London, Gaza, Den Hoek of, Geneva, Donetsk, Izium, Den Hoek, Crimea, Russian, Donetsk City, Vilkhivka, Huliaipole, , Ukrainian, Berlin, Pavlograd, Soviet Union, NurPhoto, Kolos, Marinka — Donetsk, Donetsk People’s Republic, іі, Marinka’s, Irpin, Ukraine’s, Bakhmut, Ukrainians, Zaporizhzhia, Orikhiv, Dnipro, Nova, Oleshky, Donbas, Chernihiv Kyiv Kharkiv UKRAINE, CRIMEA, Kyiv Kharkiv UKRAINE
We have discovered the earliest evidence of fresh water and representative evidence for dry land above the sea,” he added. The research indicates that the Earth’s water cycle — when water moves between land, oceans and atmosphere through evaporation and precipitation — was operating at that point in time. The earliest widely agreed upon evidence of life — and fresh water — comes from stromatolites, fossilized microbes that formed mounds in hot springs 3.5 billion years ago, Gamaleldien said. Two zircon crystals showed isotopic evidence of meteoric or fresh water; one was 4 billion years old, while the other was 3.4 billion years old, he said. What’s more, land and fresh water, which likely would have fallen as rain, would have provided the essential ingredients for the origin of life, he said.
Persons: , Hamed Gamaleldien, ” Gamaleldien, Gamaleldien, … landmasses, Hugo Olierook, Hamed, , John Valley, Geochemist Beth Ann Bell, wasn’t, ” Bell Organizations: CNN, Nature, , Curtin University’s School of, Planetary Sciences, Khalifa University, United Arab, Curtin’s School of, geoscience, University of Wisconsin Locations: Australia, United Arab Emirates, Western Australia, Jack, John, Madison
New Delhi CNN —Indian markets hit record highs on Monday as experts predicted a resounding victory for incumbent Prime Minister Narendra Modi in national elections. India’s benchmark Sensex index, which tracks 30 large companies, and the broader Nifty 50 index each jumped over 3% in early trade. The 73-year-old ran on his economic record over the past 10 years, a period of robust growth for India. “With the exit polls pointing towards 370 seats mark and ahead of street expectations of 320-350 seats, markets have reacted positively,” said Manish Chowdhury, head of research at brokerage StoxBox. The country’s stock markets have performed well during his tenure.
Persons: Narendra Modi, ” Modi, India’s, , Manish Chowdhury, Modi, Adani, Gautam Adani, Mukesh Ambani, Ambani, Hindenburg’s Organizations: New, New Delhi CNN, Adani, Adani Enterprises, Reliance Industries, Bloomberg, Modi, Hindenburg, National Stock Exchange of India, Shenzhen Stock Exchange, Hong Kong Exchange, bourse, World Federation of Exchanges Locations: New Delhi, India, United States, China, American
CNN —Ukrainian forces claimed Monday that they had successfully hit a Russian S-300 missile system using Western-supplied weapons inside Russian territory. On Russian territory. The first days after permission to use Western weapons on enemy territory,” Ukrainian government minister Iryna Vereshchuk posted on Facebook alongside a picture purporting to show the strike. This comes just days after US President Joe Biden gave Ukraine permission to carry out limited strikes using US weapons in Russian territory around Kharkiv, after several European nations had removed restrictions on how the weapons can be used. Ukrainian President Volodymyr Zelensky has praised Biden’s decision to allow some strikes in Russian territory as a “step forward” that will help his forces defend the embattled Kharkiv region.
Persons: Iryna Vereshchuk, Joe Biden, Vereshchuk, Franz, Stefan Gady, Ukraine “, ” Mathieu Boulegue, Vladimir Putin, Biden, Putin, Volodymyr Zelensky Organizations: CNN, Facebook, International Institute for Strategic Studies, Kharkhiv, Chatham House, Ukrainian Locations: Russian, Ukraine, Kharkiv, Washington, Moscow, Russia, Crimea, United Kingdom, Kherson, France, Germany
New York CNN —US stocks tumbled Monday after fresh data stoked concerns about the economy’s health. Investors have in recent weeks grappled with data that suggests inflation is continuing to run hot while the economy cools. The Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, showed Friday that inflation stayed stubbornly high in March. New gross domestic product data released last Thursday showed that the US economy expanded at a weaker pace earlier this year than initially reported. Elsewhere, the New York Stock Exchange said Monday that a technical issue that halted trading for some stocks and caused Berkshire Hathaway shares to be down 99.97% has been resolved.
Persons: Dow, , José Torres, cinched, Keith Lerner, Berkshire Hathaway Organizations: New, New York CNN, Nasdaq, Institute for Supply Management, Interactive Brokers, Federal Reserve, PCE, Commerce Department, Commerce, New York Stock Exchange, Berkshire Locations: New York
Paramount and Skydance have agreed to terms on a merger, according to multiple reports. The deal is valued at $8 billion, according to CNBC, but has yet to be signed by Shari Redstone. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAfter weeks of negotiations, a Paramount and Skydance merger is happening, according to reports in CNBC and Deadline. The deal has yet to be signed by Shari Redstone, who owns a controlling stake in Paramount, but will be formally unveiled in days, according to CNBC.
Persons: Skydance, Shari Redstone, David Ellison, , Larry Ellison — Organizations: Paramount, CNBC, Service, RedBird Capital Partners, KKR, Business
CNN —Both a source of inspiration and a place to ground herself, Harlem holds a special meaning for the artist Tschabalala Self. Tschabalala Self Paula Virta/Courtesy the artist/EMMA -- Espoo Museum of Modern ArtSelf’s own relationship with the concept of home has evolved in recent years. This conversation with the traditional western canon of painting is ongoing for Self, and influences other facets of her work. In thinking about the concept for “Lady in Blue,” Self considered the increased attention on monuments, particularly in recent years. But the commission also represents much more than the sculpture’s identity or physicality alone, added the artist.
Persons: Tschabalala, , Black, , I’ve, , Paula Virta, EMMA, Anthurium, ” Paula Virta, domesticity, it’s, Leon Neal, “ It’s, ” Tschabalala, EMMA – Organizations: CNN, Espoo Museum of Modern Art, Espoo Museum of Modern, MoMA, Hammer, Self, Saastamoinen, Museum of Modern Art Locations: Harlem, Manhattan, New York, Finland, , Espoo, New York City, Trafalgar, London, American
Fifteen Canadian veterans, including three or four that fought on D-Day, are traveling with the Canadian delegation, according to John Desrosiers, the director of international operations for Veterans Affairs Canada. US D-Day veterans attend an event at the Normandy American Cemetery and Memorial as part of the 79th anniversary D-Day celebrations on June 6, 2023. American and Canadian organizers told CNN that they will seat veterans last at their respective national ceremonies to keep them comfortable. The general public at the American event, for example, may need to be seated about an hour in advance due to security precautions. American troops march up from Omaha Beach on June 18, 1944.
Persons: Jake Tapper, , Jack Foy, Foy –, Foy, ” Foy, , Michel Delion, Mark, Katherine Sibilla, , Charles Djou, John Desrosiers, Desrosiers, Christopher Furlong, Joe Biden, Rishi Sunak, Justin Trudeau, Vladimir Putin, Volodymyr Zelensky, King Charles III, Queen Camilla, Prince William, Buckingham, Djou, Tom Schaffer, John Pinkerton, Schaffer, Gareth Fuller, Hitler, Ben, ” Brands, “ There’s Organizations: CNN, Chief Washington, Democracy, France CNN —, Mission, Joint Chiefs of Staff, Monuments Commission, Canadian, Veterans Affairs Canada, Cemetery, Memorial, British, French Interior Ministry, Defense, Underwood Archives, Ben Brands, , US Department of Veterans Affairs Locations: Caen, France, Ukraine, Europe, Normandy, US, United States, Belgium, Monaco, Netherlands, Norway, British, Ver, Mer, Omaha, Sword, Utah, Omaha and Utah, Nazi Germany, Omaha Beach, Germany, Colleville, Canada, American
CNN —Israel has warned that its war in Gaza could extend until the end of the year. Prolonging the war could have catastrophic consequences for Palestinians in the already ravaged territory and significant repercussions for Israel and beyond, experts said. “And currently Hamas doesn’t seem to be ready to release them.”Impact on Israel’s economyThe war hit Israel’s economy hard in the immediate aftermath of October 7. As of January, the Israeli military was spending $272 million per day on the war, according to the Israeli news site Ynet. Despite these efforts, the war persists, civilian casualties rise and famine spreads in Gaza, intensifying pressure from some of his electorate.
Persons: CNN — Israel, Tzachi Hanegbi, , Joe Biden, , Assaf Orion, Juliette Touma, Benjamin Netanyahu, Netanyahu, Yohanan Plesner, Plesner, Israel, Malcolm Shaw, Yaron Wax, Johanna Geron, INSS, Amir Levy, Orion, Daniel Hagari, ” Plesner, Biden Organizations: CNN, National, Institute for National Security Studies, Israel Defense Forces, London School of Hygiene, Tropical Medicine, Johns Hopkins Center, Humanitarian Health, Israel, United Nations, UN Relief and Works Agency for Palestine Refugees, Israeli, Israel Democracy Institute, International Criminal Court, International Court of Justice, United, P Global, Moody’s, Service, Troops, American, West Bank Locations: Gaza, Israel, Tel Aviv, Rafah, Europe, Palestinian, British, The Hague, Netherlands, Saudi Arabia, Riyadh, Egypt, United Arab Emirates
Its unfounded allegations became an article of faith for an untold number of Americans convinced that the election had been stolen. Mr. Andrews sued Mr. D’Souza, along with Salem and two individuals associated with the right-wing election-monitoring group True the Vote, for defamation in October 2022. “It was never our intent that the publication of the ‘2,000 Mules’ film and book would harm Mr. Andrews,” Salem said in a statement on Friday. In February, a lawyer for True the Vote told a Georgia court that it had no evidence to support its allegations of election fraud in the state. Mr. D’Souza did not immediately respond to a request for comment.
Persons: Dinesh D’Souza, Biden, Salem, Mark Andrews, D’Souza, Andrews’s, Tucker Carlson’s, Charlie Kirk, Andrews, Mr, ” Salem, , Donald J, Trump, , Rudolph W, Giuliani, Trump’s, Catherine Engelbrecht Organizations: Salem Media, Fox News, Mr, CNN, Internal Revenue Service Locations: Georgia, , Salem, Atlanta, ” Salem, Palm Beach, Fla, Arizona
"This is really one of the most amazing things that I've seen in my career with respect to securities regulation," van Eck told CNBC's "ETF Edge" this week. VanEck was the first to apply to the SEC for permission to list its proposed Ethereum ETF. So the first reaction was to get the ETF, Ethereum ETF approval green lighted," he said. To van Eck, the buzz around Ethereum this May means clearer regulation on the horizon and an increased investor interest in crypto. Ether spiked on the SEC's approval of applications to list Ethereum ETFs on May 23, but is virtually flat since then.
Persons: Jan van Eck, van Eck, CNBC's, VanEck, Van Eck Organizations: U.S . Securities, Exchange, SEC, ETH, Innovation, Technology, Century
Real Madrid won a 15th Champions League title after withstanding a hugely impressive Borussia Dortmund performance to triumph at Wembley thanks to late goals from Dani Carvajal and Vinicius Junior. We had all seen this movie before: Real Madrid pitch up in a Champions League final, stumble out of the blocks, seem to be there for the taking, ride their luck… but still prevail. More than two decades later, as he won his sixth Champions League medal, Carvajal confirmed his place alongside Di Stefano as a Blancos legend. Their expected-goals (xG) value of 1.68 was the biggest by a team in the first half of a Champions League final on record (since 2013-14). AdvertisementAfter Carvajal had scored for Madrid, Vinicius’ moment did come.
Persons: Dani Carvajal, Vinicius Junior, Julian Brandt, Karim Adeyemi, Thibaut Courtois, Niclas Fullkrug, Vinicius Jr, Gregor Kobel, Jose Mourinho, Carvajal, Jude Bellingham, Oliver Kay, Toni Kroos, Mats Hummels ’, Nacho, Lucas Vazquez, Alfredo Di Stefano, Di Stefano, Dermot Corrigan, , Edin Terzic’s, Emre, Ian Maatsen, Marcel Sabitzer, Karim Adeyemi’s, Madrid, Mark Carey, Vinicius, Vinicius Jr’s, Jay, Kobel, Julian Ryerson, Vinicius ’, Jurgen Klopp, Jadon Sancho, It’s, Sebastian Stafford, Baroness Louise Casey, Dortmund’s Marcel Sabitzer —, Marc Atkins, Edin, we’ve, , “ We’ve, Carlo Ancelotti, Ina Fassbender Organizations: Real Madrid, League, Borussia Dortmund, Wembley, European, Madrid, Dortmund, TNT Sport, Champions League, Atletico Madrid, Liverpool, Champions, Brazilian, Vini, Bundesliga, verve, Metropolitan Police, UEFA Champions, TNT, Getty Locations: Dortmund, Madrid, Europe, , Bellingham, Bloor, Italy, Swiss, Vienna, AFP
The Food and Drug Administration on Friday raised concerns about the health effects of MDMA as a treatment for post-traumatic stress disorder, citing flaws in a company’s studies that could pose major obstacles to approval of a treatment anticipated to help people struggling with the condition. The agency said that bias had seeped into the studies because participants and therapists were readily able to figure out who got MDMA versus a placebo. It also flagged “significant increases” in blood pressure and pulse rates that could “trigger cardiovascular events.”The staff analysis was conducted for an independent advisory panel that will meet Tuesday to consider an application by Lykos Therapeutics for the use of MDMA-assisted therapy. The agency’s concerns highlight the unique and complex issues facing regulators as they weigh the therapeutic value of an illegal drug commonly known as Ecstasy that has long been associated with all-night raves and cuddle puddles. Approval would mark a seismic change in the nation’s tortuous relationship with psychedelic compounds, most of which the Drug Enforcement Administration classifies as illegal substances that have “no currently accepted medical use and a high potential for abuse.”
Persons: Organizations: Drug Administration, Lykos Therapeutics, Drug
“It was never our intent that the publication of the 2000 Mules film and book would harm Mr. Andrews,” Salem said in a Friday statement. In the aftermath of the 2020 election, Trump’s media allies promoted false claims that the election had been stolen by then-candidate Joe Biden. Those election lies, however, have led to legal consequences for outlets that promoted the claims, with right-wing media companies facing a slew of costly lawsuits stemming from their coverage of the 2020 election. Last month, the pro-Trump network One America News settled a lawsuit brought by voting technology company Smartmatic over the outlet’s promotion of lies about the 2020 election. And last year, Fox News settled a historic $787 million defamation lawsuit filed by election company Dominion Voting Systems.
Persons: CNN —, Mark Andrews, , Dinesh D’Souza, Andrews, Donald Trump, Mr, ” Salem, , Salem, Charlie Kirk, Sebastian Gorka, D’Souza, Joe Biden Organizations: CNN, CNN — Salem Media Group, Protect Democracy, Trump, Georgia Bureau of Investigation, Republican Party, News, Fox News, Voting Systems Locations: Georgia, Salem, Salem . Salem
"We're now at a really transitional moment, with an inflection point for this company," Stroll told CNBC. Aston Martin has overhauled and improved manufacturing, shored up its financials to make investments in the future, and is now launching a fleet of new products defined by high-performance and luxury finishes. Aston Martin has teased a new super-powered V-12, expected to be called Vanquish, later this year. The $800,000 Aston Martin hybrid Valhalla. Courtesy: Aston Martin
Persons: Aston Martin, Lawrence, We're, James Bond, Aston, Aston Martin F1 Team Lawrence, Frederic Vasseur, Chris Graythen, It's Organizations: CNBC, Aston, Aston Martin F1 Team, Ferrari Team, of Miami, Miami, Autodrome, Aston Martin Locations: British, Miami , Florida
Singapore CNN —US Defense Secretary Lloyd Austin on Saturday hailed the arrival of a “new convergence” in the Indo-Pacific, as the United States fortifies strategic and security partnerships in the region amid rising threats from China and Russia. “Today, we are witnessing a new convergence around nearly all aspects of security in the Indo-Pacific,” Austin said at the Shangri-La Dialogue security forum in Singapore. Looming large in that regional vision is a more assertive China, which Austin alluded to without mentioning it by name. Austin’s emphasis of a “new convergence” in Asia Pacific appeared to have struck a raw nerve with the Chinese delegation in the audience. Austin also reaffirmed US commitment to the Asia Pacific region, saying peace and stability across the region are crucial for the whole world.
Persons: Lloyd Austin, ” Austin, Austin, Lai Ching, “ We’ve, We’ve, we’ve, , Joe Biden, Xi Jinping, Cao Yanzhong, , Mr.Putin, Dong Jun, Dong, Ferdinand R, Marcos Jr Organizations: Singapore CNN — US, Saturday, , South China Seas, Asia Pacific, NATO, Institute of War Studies, Academy of Military Sciences of, China’s, National Defense Locations: Singapore, United States, China, Russia, Taiwan, Beijing, South China, Asia Pacific, South, Washington, Asia, Ukraine, Philippines, Philippine
WASHINGTON — The conservative gadfly Dinesh D'Souza's film and book "2000 Mules," which pushes false conspiracies about voter fraud in the 2020 presidential election, has been removed from distribution by its executive producer and publisher, according to an announcement Friday. Salem Media Group 's announcement that it had yanked D'Souza's film and book also apologized to Mark Andrews, a Georgia man falsely accused in "2000 Mules" of ballot stuffing. Former President Donald Trump, who lost to Biden, embraced "2000 Mules," screening the film at his Florida club Mar-a-Lago. "2000 Mules" shows Andrews placing five ballots into a box, as D'Souza says in a voiceover: "What you are seeing is a crime. In its statement Friday announcing it would cease distributing the film and book, Salem Media said, "It was never our intent that the publication of the 2000 Mules film and book would harm Mr.
Persons: Dinesh D'Souza, WASHINGTON —, gadfly Dinesh D'Souza's, Mark Andrews, Andrews, D'Souza, Joe Biden, Donald Trump, Biden, Salem, Mr Organizations: WASHINGTON, Salem Media Group, CNBC, Salem, Media, Mar, Salem Media's, Regnery Publishing, Salem Media Locations: Washington , DC, Georgia, Florida
CNN —The story of the past 27 months since Russia invaded Ukraine has been one of crumbling taboos. Despite securing more weapons from the United States last month, Ukraine has not been able to use them as it pleases. Red lines fadeThe US is joining the United Kingdom, France, Germany and several others in removing restrictions on how Ukraine uses the weapons it is given. Before Biden gave the green light, Putin had made veiled nuclear threats to countries considering allowing Ukraine to strike Russia with their weapons. In both cases, Russia had warned Ukraine and its Western allies not to cross its red line.
Persons: Joe Biden, Antony Blinken, Biden, Volodymyr Zelensky, Valentyn Ogirenko, Adam Kinzinger, Ben Hodges, , Vladimir Putin’s, Kateryna, Narciso Contreras, Franz, Stefan Gady, Ukraine “, Mathieu Boulegue, , Putin, ” Stepanenko Organizations: CNN, Russian, Firefighters, Reuters, Institute for, Anadolu, Getty, International Institute for Strategic Studies, Kharkhiv, Center for, United, Russia Locations: Russia, Ukraine, Kyiv, United States, Moscow, Kharkiv, Washington, , Prague, Czech, pummel Kharkiv, Russian, Kharkiv Oblast, Vovchansk, Kharkiv region, United Kingdom, France, Germany, Crimea, Kherson, Donetsk, Luhansk, Zaporizhia
They’re also going to be communicating with one another or driving their moon buggies while on the lunar surface. Lunar clockworkWhat scientists know for certain is that they need to get precision timekeeping instruments to the moon. Exactly who pays for lunar clocks, which type of clocks will go, and where they’ll be positioned are all questions that remain up in the air, Gramling said. Focke Strangmann/APThe new time scale would underpin an entire lunar network, which NASA and its allies have dubbed LunaNet. But how future astronauts living and working on the lunar surface will experience time is a different question entirely.
Persons: aren’t, Cheryl Gramling, NASA’s, Gramling, Omer Tarsuslu, They’re, ” Gramling, Albert Einstein, Paco, Sao, Sundials, , , Bruce Betts, Kevin Coggins, you’ve, ” Coggins, , Bijunath, Patla, ” Patla, Focke Strangmann, It’s, “ It’s, Betts, Artemis III, Arizona State University “ It’ll Organizations: CNN, NASA, NASA’s Goddard Space Flight, Getty, White, Astronauts, Planetary Society, NASA’s Space Communications, Navigation, US National Institute of Standards, Technology, Vehicles, Physical, National, European Space Agency, International Astronomical Union, Reconnaissance, Arizona State University Locations: United States, China, Maryland, Kars, Turkey, Anadolu, German, Sao Miguel, Evora , Portugal, Germany, Malapert Massif
CNN —Elon Musk has sought to accumulate political capital commensurate with his extravagant wealth. Musk has discussed advising Trump should he win the 2024 election, the Journal reported, citing unnamed sources. Musk called Trump directly via cellphone to explore a role that could potentially give Musk significant influence over US policies. Reporting that Musk and Trump’s relationship has improved comes after Musk’s politics have become more aligned with Trump’s. For Musk to have a direct, private line to a future President Trump “would seem to be a blatant conflict of interest,” said Darrell West, a senior fellow in the governance studies program at the Brookings Institution.
Persons: CNN — Elon Musk, Musk, Donald Trump, Trump, Brian Hughes, , Andrew Harnik, , Darrell West, ” West, Herika Martinez, , Donald Trump’s, Biden, Ron DeSantis, Robert Kennedy , Jr, Paul Pelosi, Hillary Clinton, White supremacists, Imran Ahmed, X, CCDH, Donie O’Sullivan Organizations: CNN, Republican, Wall Street, Trump, SpaceX, Tesla, Brookings Institution, Securities and Exchange Commission, Federal Trade Commission, Traffic Safety Administration, Justice Department, Migrants, US Border Patrol, AFP, Getty, Twitter, US, Republican Florida, Politico Locations: Paris, El Paso , Texas, Ciudad Juarez, Chihuahua State, Mexico
A Best Buy store stands outside of a Brooklyn mall on August 29, 2023 in New York City. Best Buy on Thursday missed Wall Street's quarterly sales expectations, but stressed higher profits and lower costs as softer demand for consumer electronics continues. Adjusting for one-time items, including restructuring charges, Best Buy reported earnings of $1.20 per share. She did not specify the number of layoffs, but said Best Buy would invest in areas that could drive growth, like artificial intelligence. Best Buy on Thursday adjusted its full-year capital expenditures forecast to an estimate of $750 million, down from as much as $800 million.
Persons: Corie Barry, Barry, Matt Bilunas Organizations: LSEG, Apple, Microsoft Locations: Brooklyn, New York City, U.S, Minneapolis
The major averages hit record highs in May, with the S & P 500 breaking above 5,300 for the first time. Historically, the summer months prove to be less robust for the S & P 500. July is typically a standout month, however, with the S & P 500 posting a 3.27% increase on average. .SPX YTD mountain The S & P 500 has added more than 11% in 2024. The S & P 500 tech sector averages a flat performance for June going back a decade.
Persons: It's, — CNBC's Christopher Hayes Organizations: Nasdaq, Dow Jones, CNBC, Tech, Technology, Nvidia
CNN —Federal investigators are preparing to bring accusers of music mogul Sean “Diddy” Combs before a federal grand jury, two sources familiar with the probe tell CNN — signaling the US Justice Department is moving toward potentially seeking an indictment of Combs. Combs has been named in eight civil lawsuits since November – seven directly accusing him of sexual assault. One of the eight lawsuits, filed by former girlfriend Cassie Ventura, has been settled. Now, additional sources told CNN that the majority of the plaintiffs who have filed civil suits against Combs have been interviewed by federal investigators. Federal investigators are now “digging deeper,” and some of the accusers have been questioned numerous times, a source said.
Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, Christian Combs, Sean Combs, , Sean, Diddy, HSI, , they’ve, Lampros, Crystal McKinney, Joi Dickerson, Neal, Dickerson Organizations: CNN, Federal, US Justice Department, Bad Boy Records, Homeland Security Investigations, Combs, Feds, Department of Homeland Security, KCBS CNN Locations: New York City, Los Angeles, Miami
"One year after appearing on South Park, the median stock underperforms the S&P 500 by 7%," Spectra Markets said. South Park: The End of Obesity special released last week tackled the growing popularity of Ozempic and Mounjaro as Eric Cartman tries to get his hands on the hugely popular weight-loss drugs. Advertisement"One year after appearing on South Park, the median stock underperforms the S&P 500 by 7%," Spectra Markets President Brent Donnelly said. "South Park has a 20+ year history of capturing the cultural zeitgeist and it's impossible to argue that anything that is lampooned on South Park is not priced in," Donnelly said. But not all those featured on South Park saw their stock prices peak shortly thereafter, with Microsoft, Yelp, and Netflix bucking the trend.
Persons: , Eric Cartman, Brent Donnelly, Donnelly, Eli Lilly, shouldn't Organizations: Service, Spectra Markets, Novo Nordisk, Twitter, Starbucks, Walmart, Microsoft, Netflix
Eastern Ukraine CNN —Ukrainian crews working on US-supplied Abrams tanks have told CNN of a series of the weaknesses and flaws with the armored vehicles, calling into doubt their utility on the war’s ever-changing frontlines. Much of the Ukrainian frontline is now dominated by the use of self-destructing attack drones, tiny and accurate devices that can swarm infantry and even cause significant damage to tanks. Mick Krever/CNNAmmunition is also a problem, like elsewhere on the Ukrainian frontline. NATO “would never” use the Abrams tank the way the Ukrainian military has to use it, a Ukrainian soldier who uses the moniker “Joker” said. Mick Krever/CNNThe Ukrainian crew expressed frustration the tanks were made for a NATO style of warfare, in which air power and artillery prepare the battlefield before tanks and infantry advance.
Persons: Abrams, Joe Biden, , Crews, Saddam Hussein’s, Mick Krever, ” Joker, , ’ ”, Oleksandr Syrsky, Victoria Butenko Organizations: Eastern, Eastern Ukraine CNN —, CNN, United, ” CNN, 47th Mechanised Brigade, Pentagon, Abrams, NATO, Locations: Eastern Ukraine, United States, Ukraine, Germany, Iraq, Dnipro, Ukrainian, Avdiivka, Russia, Poland, American, Russian, Red Square, Kyiv, “ Ukraine, Ukraine’s, France
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