DIRS.INFO The most relevant business & tech news

☆ The Fed is winning its battle against inflation. So why isn’t it cutting rates?
▼ + stars: | 2024-06-11 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

That’s why it is crucial for central bankers to insist on 2%. “By communicating an explicit inflation target — and then delivering inflation consistent with that target — central banks earn credibility with the public,” New York Fed President John Williams said in a recent speech. Stripping away highly volatile categories such as food and energy — a measure referred to as “core” inflation — won’t quell central bankers’ concerns. The Fed can’t ignore CPIAlthough CPI isn’t the inflation gauge the Fed targets, central bankers don’t write it off. It was, however, welcome news to Fed officials that Consumer Price Index-measured inflation fell to 3.4% in April from 3.5% in March.

Persons: Frank Robinson, “, they’re, Jerome Powell, ” Powell, Ben Bernanke, they’ll, John Williams, hasn’t, ”, Tom Barkin, don’t, Christopher Waller Organizations: New, New York CNN —, Federal, Fed, New York Fed, ” New York Fed, ” Richmond Fed, CPI Locations: New York

☆ Analysis: Hamas gambled on the suffering of civilians in Gaza. Netanyahu played right into it
▼ + stars: | 2024-06-11 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

He appeared to justify the deaths of Palestinian civilians as a “necessary sacrifice” according to the messages. In recent weeks, Ireland, Spain, Norway and Portugal, all frustrated Netanyahu won’t agree a peace deal, have formally recognized Palestinian statehood. The war Sinwar started has taken Palestinian suffering to the next level – and Netanyahu has played right into it. Sinwar’s power amid the war seems to be becoming part of the perceived wisdom about Gaza and the war. And if past experience is any measure, he will likely gamble that he can play mind games better than Netanyahu.

Persons: CNN — Yahya Sinwar, –, Benjamin Netanyahu, Sinwar, Israel, Netanyahu, hasn’t, they’d, they’ve, Biden, Netanyahu won’t, belligerence, Antony Blinken, “, Sinn Fein Organizations: CNN, Israel, Wall Street, ICC, Hamas, Democratic, Northern Locations: Israel, United States, Europe, Gaza, Palestinian, Saudi Arabia, Ireland, Spain, Norway, Portugal, Rafah, Doha, Iran, Turkey

☆ Hamas leader says ‘we have the Israelis right where we want them’ in leaked messages, WSJ reports
▼ + stars: | 2024-06-11 | by ( Mostafa Salem | Kylie Atwood | ) edition.cnn.com time to read: +5 min

“We have the Israelis right where we want them,” Sinwar told Hamas’ political leadership in Qatar recently, according to one of the messages, the WSJ reported Monday. The date of the message isn’t clear but suggests that Sinwar is pressing for the war to continue. “Israel’s journey in Rafah won’t be a walk in the park,” Sinwar allegedly said in a message to the Hamas political leadership. CNN has not seen the leaked messages viewed by the WSJ and is not able to confirm the authenticity of the communications. The landmark vote means the UNSC now joins other major global bodies in backing the plan, increasing international pressure on both Hamas and Israel to end the conflict.

Persons: Yahya Sinwar, ” Sinwar, Sinwar, ”, Israel, Joe Biden, Antony Blinken, ” Blinken, “, Prophet Muhammad, –, Biden, Benjamin Netanyahu Organizations: CNN, Palestinian, Wall Street, Sinwar, WSJ, United Nations Security, Monday’s, Russia, UNSC, US Locations: Israel, Gaza, Qatar, Algeria, Rafah, Karbala, Iraq

Even last month, less than an hour after Biden unveiled his proposal, Netanyahu insisted Israel would not end the war until Hamas is defeated. But detailed negotiations to implement its provisions are yet to yield agreement from both Israel and Hamas. The ambassador also said the deal “rejects any geographical changes” in Gaza and reiterates the commitment for a two-state solution. Blinken arrived in Israel on Monday, following the resignation of Benny Gantz from the Israeli war cabinet on Sunday. More than 37,000 people have been killed in Gaza since the war began, according to the Ministry of Health in Gaza.

Persons: Reut Shapir Ben, Naftaly, ”, –, Joe Biden, Israel, Benjamin Netanyahu, Biden, Netanyahu, Linda Thomas, Greenfield, “, Riyad Mansour, West Bank –, Antony Blinken, Blinken, Yoav Gallant, Benny Gantz Organizations: CNN, Israel, Hamas, United Nations Security, UN, UNSC, Monday’s, Russia, United, Palestinian UN, Palestinian Authority, West Bank, Department, Israeli, Ministry of Health Locations: Gaza, Israel, Hamas, Palestinian, United States, Egypt, Qatar, Greenfield, Jerusalem

☆ Wall Street’s facing an economic double-whammy this week
▼ + stars: | 2024-06-11 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

Despite the rare event, it’s unlikely the stock market will swing widely because of the economic two-fer, some investors say. Inflation showed signs of cooling in April after staying worryingly warm during the first quarter of this year. America’s rural hospitals keep getting attacked by cybercriminals. Microsoft said in a statement to CNN that it would provide free security updates for eligible rural hospitals, as well as security assessments and training for hospital staff. Google will provide free cybersecurity advice to rural hospitals and start a pilot program to match the firm’s cybersecurity services with the needs of rural hospitals.

Persons: Powell, ”, Dave Sekera, Alicia Wallace, Sean Lyngaas, Michelle Watson Organizations: CNN Business, Bell, New York CNN, Federal Reserve, CPI, Bank of America, Morningstar, Investors, Traders, Fed, UBS, Federal Reserve Bank of New, The, Consumer, cybercriminals, Microsoft, Google, White, CNN, White House National Security Council Locations: New York, pare, Federal Reserve Bank of New York, York, United States

☆ Nova: ‘New star’ will appear in the night sky after stellar explosion
▼ + stars: | 2024-06-11 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

While a supernova is the explosive death of a massive star, a nova refers to the sudden, brief explosion from a collapsed star known as a white dwarf. The dwarf star remains intact, releasing material in a repetitive cycle that can occur for thousands of years. “It’s incredibly exciting to have this front-row seat.”T Coronae Borealis, otherwise known as the “Blaze Star,” is a binary system in the Corona Borealis that includes a dead white dwarf star and an aging red giant star. The red giant becomes increasingly unstable over time as it heats up, casting off its outer layers that land as matter on the white dwarf star. Cooke recalled that the last nova he witnessed — Nova Cygni in 1975 — had a similar brightness to what is expected from T Coronae Borealis.

Persons: “ It’s, ”, Rebekah Hounsell, ” Hounsell, “, Burchard, William J, Cooke, Vega, skywatchers, Elizabeth Hays, ” Hays, they’ll, Hounsell, ” Cooke, —, Koji Mukai Organizations: CNN —, NASA, Goddard Space Flight, “ Blaze, Blaze Star, Coronae, Polaris, North Star, Northern Hemisphere, Northern Crown, Northern, Corona, NASA Goddard, “ Citizen, ” Locations: Greenbelt , Maryland, Ursberg, Germany

☆ Young men and women are diverging politically. That could shape the 2024 election.
▼ + stars: | 2024-06-11 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +18 min

In 2013, the share of self-identified liberals among young women exceeded the share among young men by 5 percentage points; by 2023, that gap was nearly four times as large. (In that survey, young men were substantially more likely than young women to say they rely on YouTube as a major source of news.) (In the Harvard poll, one-fourth of young women identified in some way as LGBTQ, more than double the share of young men.) “He’s got to make up for the defection of young men by winning young women by more, and he’s got to get every young woman he can out to vote,” said Lake, the Democratic pollster. Biden’s best hope of avoiding a catastrophic decline in his youth support is that the number of young women Trump repels exceeds the number of young men he attracts.

Persons: Joe Biden, Donald Trump, Biden, John Burn, Murdoch, ”, Harvard University’s John F, Daniel Cox, William Frey, Melissa Deckman, Gen, “, Trump, John Della Volpe, Joe Biden doesn’t, Della Volpe, White, Deckman, aren’t, Cox, Dobbs, Anna Dean, Dean, ” Della Volpe, he’s, don’t, ” Cox, “ Donald Trump, “ He’s Organizations: CNN, Trump, Biden, Pew Research Center, Financial, NBC, Democratic, Republican, GOP, Institute of Politics, Harvard University’s, Kennedy, Republican Party, Harvard, Democrats, Survey Center, American Enterprise Institute, Biden didn’t, Brookings Metro thinktank, Religion Research Institute, Biden’s, YouTube, Pew, AEI, Blacks, Harvard Poll, Biden won’t Locations: Gaza, New York, Bentonville , Arkansas, America

☆ Bird flu is rampant in animals. Humans ignore it at our own peril
▼ + stars: | 2024-06-11 | by ( Brenda Goodman | ) edition.cnn.com time to read: +15 min

Then, three healthy ferrets were placed in the same enclosures with three of the sick animals. These animals could touch, nose and lick the sick animals, and all of them became ill.Next, the CDC tested airborne transmission by putting three healthy ferrets into an enclosure where they could breathe the same air as sick animals but couldn’t touch them. In her lab, ferrets with previous exposures to seasonal flu strains didn’t get as sick when exposed to new flu viruses compared to those with no prior exposure to seasonal strains. How much help we might get from past exposures to flu viruses is difficult to predict, however, which is why vaccination would still be important to tune up our immunity. They never spread the virus to any of the other animals in the facility — including themselves.

Persons: Mark Naniot, Naniot, “, ”, It’s, Jeremy Farrar, Jesse Bloom, Fred Hutch, ” Naniot, Naniot hadn’t, Scott Weese, Weese, there’s, Covid, Rick Bright, Sanjay Gupta, Bright, Erin Sorrell, Zahl, Seema Lakdawala, hasn’t, ” Bright, Dr, Richard Webby, Jude Children’s, “ It’s, Ducks, Michael Osterholm, “ I’ve, he’s Organizations: CNN, Swiss Army, World Health Organization, Fred Hutch Cancer Center, University of Guelph, US Centers for Disease Control, CDC, Research, Development Authority, CNN Chief, Bright Global Health, Johns Hopkins Center for Health Security, Getty, Emory University, STAT, Administration, Strategic Preparedness, USDA, Jude Children’s Research, Infectious Disease, University of Minnesota, CNN Health Locations: Wisconsin’s, United States, Seattle, Canada, Texas, Vadso, Finnmark, Norway, AFP, Finland, St, Wisconsin

☆ Australian billionaire proposes secure gate system to supply aid to Gaza
▼ + stars: | 2024-06-11 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

Brisbane, Australia CNN —An Australian billionaire is offering to build a secure gate system on the Israel-Gaza border that he says could allow 10,000 metric tons of food aid to be delivered each day to starving Palestinians. He’s also committed $5 million to improve the Jordanian humanitarian land corridor by building storage warehouses to allow more aid to pass to Gaza. Cargo trucks carrying humanitarian aid move through security inspections before crossing into the Gaza Strip, in Kerem Shalom, Israel on March 14. The IDF has repeatedly said hundreds of trucks carrying humanitarian aid have been entering the Gaza Strip, but aid organizations say the supplies are not reaching civilians in need. The passage of aid into Gaza has become gridlocked by Israeli inspections, and in some cases the temporary closure of access points.

Persons: Australia CNN —, Andrew Forrest, Antony Blinken, He’s, ” Forrest, Minderoo, Forrest, Israel, Fortescue, Marcus Yam Organizations: Australia CNN, Minderoo Foundation, United Nations, US, CNN, Cargo, Los Angeles Times, Israel Defense Forces, Ministry of Health, IDF, United Nations Security, Systems, NET, US Agency for International Development Locations: Brisbane, Australia, Israel, Gaza, Jordan, Egypt, Kerem Shalom, airdrops

☆ Middle East Crisis U.S. Pushes for Cease-Fire Vote at U.N. Security Council
▼ + stars: | 2024-06-10 | by ( Mike Ives | ) www.nytimes.com time to read: +5 min

Ms. Abu Amr finally arrived home with her son hours later, shocked that she was still alive. To rescue the hostages, Israeli troops entered two residential buildings in which they were being held, according to Rear Adm. Daniel Hagari, the Israeli military spokesman. The medical facility — already packed before the Israeli rescue mission in nearby Nuseirat — overflowed, said Abdelkarim al-Harazin, 28, a physician working there. Gathering her children, she sprinted to the nearby Al-Awda medical center in a desperate search for safety. Gazans there were cursing not just Israel, but Hamas as well, he said, blaming them for bringing this disaster upon them.

Persons: Gazans, Bayan Abu Amr, Mohammad, ”, Abu Amr, Daniel Hagari, Admiral Hagari, Khalil Daqran, Abdelkarim, Aqsa, Javed Ali, Diana Abu Shaban, Saeed, “, Ms, Abu Shaban, Abd Al, Rahman Basem al, Masri, he’d, ” Mr Organizations: Hamas, “, Aqsa Martyrs Hospital, International Medical Corps Locations: Nuseirat, Gaza, Al, Aqsa, Deir al, Deir, Israel

☆ Covid-flu combination vaccine shows positive results in late-stage trial, Moderna says
▼ + stars: | 2024-06-10 | by ( Jen Christensen | ) edition.cnn.com time to read: +5 min

CNN —There could be a combined Covid-19 and flu shot in our future, although it won’t be ready for this year’s flu season. On Monday, vaccine maker Moderna announced positive late-stage trial results for its Covid/flu combination vaccine it calls mRNA-1083. Other companies have been testing a combined Covid-flu vaccine, but Moderna is the first to announce positive late-stage trial results. The trial studied the vaccine in two different age groups with about 4,000 adults in each age category. Few people got the latest Covid shot, studies show.

Persons: ”, Francesca Ceddia, ” Ceddia, Covid, Spikevax, Moderna, Sue Peschin, Dr, Sanjay Gupta, Peschin, ” Peschin, “ Organizations: CNN, Moderna, Public, US Centers for Disease Control, Food, Covid, FDA, Alliance for Aging Research, CNN Health, CDC Locations: United States

☆ Collectible toy market: This vintage action figure set a record at auction
▼ + stars: | 2024-06-10 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +11 min

The Rocket-Firing Boba Fett action figure, modeled after the “Star Wars” bounty hunter, was purchased in Dallas by an anonymous buyer for $525,000, Heritage Auctions announced last Monday. Dolls are for girls, action figures are for boysUnlike fine art or sports memorabilia, the collectible action figure market is only a handful of decades old because action figures have only been around since the mid-1960s. “The first action figure was G.I. He recounted how Hasbro executive Don Levine coined the term “action figure” as a marketing tool, because “we can’t call these dolls. Caravoulias recalls laying in bed as a kid in 1985 and wishing he could buy a $5 Rambo II action figure.

Persons: Boba, Barbie, ”, Justin Caravoulias, Joe, Boba Fett, Fett, Kenner, Brian Rachfal, “, Don Levine, ’, “ Nobody, Caravoulias, Price, Tom Derby, Darth Vader, It’s, Rambo, Rachfal, —, Paul Arnold, Arnold, Gary C, Knapp, they’re, ” Caravoulias, Circana, ” “ Barbie, ” James Zahn Organizations: New, New York CNN, “, Heritage Auctions, Heritage, Kenner, Hasbro, CNN, Derby, ‘ Power Rangers Locations: New York, United States, Dallas, American, Virginia Beach, Va

☆ Tesla shareholders to vote whether Elon Musk deserves billions judge struck down
▼ + stars: | 2024-06-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Now, Musk and the board want Tesla shareholders not only to vote again to give him back those stock options, but to relocate Tesla away from the judge’s state entirely. Despite the widespread support among shareholders back in 2018 for Musk’s pay package, the Tesla board seems to be scrambling to shore-up support for this month’s vote. But perhaps a more serious concern among Tesla shareholders is problems faced by the electric car pioneer itself. “When Tesla achieved targeted earnings, revenues, and market cap metrics, Tesla’s shareholders benefitted greatly.

Persons: New York CNN —, Elon Musk, Tesla, Chancellor Kathaleen McCormick, ” McCormick, “ Musk, McCormick, ” Tesla, Robyn Denholm, Elon, ” Rather, ”, ” Denholm, “, he’s, Dan Ives, it’s, they’re, Ives, Neuralink, Musk, ” Ives, Ron Baron, Baron Capital, ” Baron, Glass Lewis Organizations: New, New York CNN, SEC, Musk, Elon, Twitter, Wedbush Securities, SpaceX, The Boring Company, Baron, Institutional, Services Locations: New York, Delaware, Texas, Tesla’s Texas, “

☆ Analysis: Why the departure of Israeli war cabinet member Benny Gantz does – and doesn’t – matter
▼ + stars: | 2024-06-09 | by ( Elliott Gotkine | ) edition.cnn.com time to read: +3 min

Benny Gantz is back where he was at the start of the war Hamas launched on October 7: an ex-defence minister, ex chief of staff – and Prime Minister Benjamin (Bibi) Netanyahu’s chief political rival. Perhaps the most important impact of Gantz’s departure is the one it won’t have: it won’t cause the government to collapse. “Benny Gantz is in a fix,” former Middle East negotiator Aaron David Miller told CNN on Sunday before Gantz’s resignation. Nor for that matter is the third member of the war cabinet, Defence Minister Yoav Gallant. With Gantz gone, that seems less likely – as does the likelihood of a hostage deal being consummated any time soon.

Persons: Benny Gantz, Benjamin, Bibi, Netanyahu didn’t, he’d, ” Gantz, “ Netanyahu, “ Benny Gantz, Aaron David Miller, Gantz’s, “, ” That’s, Netanyahu, Joe Biden’s –, Israel’s, Gantz, Miller, Deir, Abed Rahim Khatib, Yoav Gallant, Gallant, Gantz wouldn’t Organizations: CNN, Hamas, “, Anadolu, Getty Locations: Gaza, Israel, East

☆ Endangered Republicans gamble backing Trump after guilty verdict as vulnerable Democrats remain cautious
▼ + stars: | 2024-06-09 | by ( Manu Raju | Annie Grayer | ) edition.cnn.com time to read: +10 min

CNN —Former President Donald Trump lost Rep. Mike Garcia’s district by more than 12 points four years ago. I’m the Republican,” said Rep. Lori Chavez-DeRemer, whose Oregon district Biden won by eight points in 2020, confirming she’s sticking with Trump after his conviction. Rep. Mike Lawler, whose New York district Biden carried by 10 points, sharply criticized the prosecution against Trump. Republicans in this camp believe there is no limit to how hard they can lean in to talking about Trump’s conviction and see the Trump verdict as a golden ticket. GOP Rep. Ralph Norman, a Republican hardliner from South Carolina, said Republicans would “absolutely” retaliate against Trump’s political enemies after November, including prosecutors.

Persons: Donald Trump’s, Manu Raju ”, Donald Trump, Mike Garcia’s, ” Garcia, Joe Biden, There’s, Biden, ”, John Duarte, Trump, “, Richard Hudson, ” Hudson, Suzan, ” George Whitesides, Garcia, Mike Garcia, ” Whitesides, “ Joe Biden who’s, “ who’s, I’m, Lori Chavez, DeRemer, Mike Lawler, ” Lawler, Celal, Bernie Moreno, Tim Sheehy, Sherrod Brown, Jon Tester, Sheehy, Tester, ” Tester, ” Brown, I’ve, Brown, Sen, Bob Casey, Stephanie Bice, Anna Moneymaker, Nick LaLota, Attorney Alvin Bragg, ” LaLota, Republican Sen, Thom Tillis, Mitch McConnell, ” Tillis, Mike Johnson, Jim Jordan, Johnson, – Jordan, Chip Roy, ” Roy, Marjorie Taylor Greene, ” Greene, Ralph Norman, ” Norman, Tesfaldet, Morgan Rimmer Organizations: CNN, California Republican, Trump, “, Republicans, Democrats, Biden, GOP, North Carolina Republican, ”, Democratic, of, Republican, Washington DC, Getty, New York, Manhattan, Attorney, Department of Justice, DOJ, Republican Party Locations: California, York, Washington, of California, Oregon, New York, Anadolu, Ohio, Montana, Pennsylvania, Washington , DC, New, Hill, South Carolina

☆ Edmundo Gonzalez Urrutia: Meet the quiet, bird-loving grandfather taking on strongman Maduro in Venezuela’s election
▼ + stars: | 2024-06-08 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +10 min

But most analysts agree Gonzalez represents the best chance that Venezuela’s political opposition has had to dislodge Maduro from power since 2013. But amnesty for outgoing officials could be on the table, Gonzalez told CNN en Español. “Edmundo is a public servant, he knows there cannot be any revenge [against the government],” Eickhoff told CNN. Edmundo Gonzalez Urrutia, Venezuela's new opposition candidate, feeds birds at his home in Caracas on Wednesday, April 24. “It’s time for the big Venezuelan family to come together once more,” he told CNN en Español.

Persons: Hugo Chavez, Nicolas Maduro, Edmundo Gonzalez Urrutia, Gonzalez, – Maria Corina Machado, Corina Yoris –, “, ”, Maduro, Leonardo Fernandez Viloria, Reuters Gonzalez, he’s, CNN En, Juan Guaido, ” Gonzalez, ” Gonzalez’s, Mariana, –, Jesus Vargas, won’t, Sadio Garavini, Tullio, Chavez, “ Edmundo, he’ll, ” Garavini, George Eickhoff, Konrad Adenauer, ” Eickhoff, Machado, Edmundo, Gaby Oraa, Venezuela's, Gonzalez’s Organizations: CNN, Democratic, Maduro, European Union, Reuters, “, Wednesday, Bloomberg, Getty, Real Madrid football Locations: Venezuela, Venezuela’s, Venezuelan, Algeria, Argentina, United States, Barbados, Washington, Caracas, Hague, German, Spain

☆ Biden heralds close US-France ties as he’s treated to a state visit
▼ + stars: | 2024-06-08 | by ( Betsy Klein | ) edition.cnn.com time to read: +7 min

Paris CNN —President Joe Biden heralded the close ties between the United States and France on Saturday, calling his current visit “the most remarkable trip” that he’s made to the country as French President Emmanuel Macron hosted his US counterpart for an official state visit in Paris. “When we stand as one, our countries are stronger and literally, the world is safer,” Biden said during a state dinner later Saturday. Macron is returning the favor to Biden, who hosted the French president for a state visit at the White House in December 2022, the administration’s first. France, Biden said, “was our first friend. “One of the things the president respects and admires about President Macron is he’s as honest and forthright as President Joe Biden is.

Persons: Joe Biden, he’s, Emmanuel Macron, ” Biden, Macron, Brigitte Macron, Biden, Jill Biden, Banner ”, “, Grace, ”, Macrons, Evan Vucci, Donald Trump, ’ ” Biden, –, Volodymyr Zelensky, Vladimir, Putin, Ukraine – it’s, Benjamin Netanyahu, Yahya Sinwar, John Kirby, Kirby, ” Kirby, CNN’s Kayla Tausche, Xiaofei Xu Organizations: Paris CNN, Macron, Champs, AP, French, White House, US, Independence, Ukraine –, Western, Ministry, Israeli, Saturday, Australia, “, National Security Locations: United States, France, Paris, “, Élysée, Ukraine, Israel, Triomphe, We’re, America, New York City, Europe, Gaza, ”, Washington

☆ The Hubble Space Telescope makes a big change to keep observing the universe
▼ + stars: | 2024-06-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —The Hubble Space Telescope will transition to a new way of operating that aims to prevent the space observatory from experiencing lapses in its ability to observe the universe, according to NASA officials. The storied telescope, which has captured breathtaking images of the cosmos for 34 years, has traditionally operated using six gyroscopes. NASA's Hubble Space Telescope eyes the universe in May 2009 after one of the space shuttle missions to service the space observatory. Hubble is expected to operate into the mid-2030s, with its cosmic observations providing a complement to the work of the James Webb Space Telescope and future observatories that haven’t launched yet, Clampin said. “We do not see Hubble as being on its last legs,” Crouse said, “and we think it’s a very capable observatory.”

Persons: Mark Clampin, Hubble, Clampin, Patrick Crouse, Crouse, ” Clampin, James Webb, “, ” Crouse Organizations: CNN, Hubble, NASA, Astrophysics, NASA's Hubble, Goddard Space Flight, James Webb Space Telescope Locations: Greenbelt , Maryland

☆ Wall Street is putting its foot down as ‘Roaring Kitty’ sends GameStop soaring again
▼ + stars: | 2024-06-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +9 min

That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.

Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, ”, Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe

☆ Opinion: ‘Hit Man’ does what ‘Double Indemnity’ couldn’t
▼ + stars: | 2024-06-07 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +7 min

“Hit Man” suggests that when backing away from misogyny, men, too, have more options, more happiness and more love. “Double Indemnity” turned the trope into an indelible archetype for the morally ambiguous world of film noir. Barbara Stanwyck, Fred MacMurray and Tom Powers are pictured in Billy Wilder's "Double Indemnity." The patriarchal world of “Double Indemnity” is as bleakly loveless for men as it is for women. “Hit Man,” and other contemporary noir films, in contrast, are trying to imagine a way out of the “Double Indemnity” double bind.

Persons: Noah Berlatsky, CNN —, ” Phyllis Dietrichson, Barbara Stanwyck, Billy Wilder’s, Wilder, Stanwyck, Phyllis, Noah Berlatsky Noah Berlatsky, Richard Linklater’s “, ”, Women’s, Circe, Walter, Fred MacMurray, Tom Powers, Billy Wilder's, Everett, Walter staggers, Keyes, Edward G, Robinson, “, fatales, John McNaughton’s, there’s, —, Justine Triet’s “, William Oldroyd’s “ Eileen, femme, Eileen, Sandra Hüller, Sandra, Justine Triet's, Maddy Masters, Adria Arjona, she’s, She’s, Maddy, Gary Johnson, Glen Powell, moonlighting, Ron, Gary, Maddy isn’t, Gary doesn’t, Linklater, bleakly loveless Organizations: CNN, Everett, Gary Locations: Chicago, today’s Hollywood

☆ How a Depression-era law could be used to make your booze cheaper
▼ + stars: | 2024-06-07 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

Southern Glazer’s, based in Miami and operating in 44 US states, is the largest wine and spirits distributor in the United States. Abandoned antitrust law from 1936The FTC lawsuit, previously reported by Politico, could come in the next few weeks and would rely on the Robinson-Patman Act of 1936, the source said. That Depression-era law prohibits suppliers from providing deeper discounts to large chains than to smaller stores. At the time, the antitrust law was aimed at helping smaller grocers survive when A&P and other chains dominated with lower prices. However, a person familiar with the matter said Southern Glazer’s discounts are available to all retailers where permitted by state law.

Persons: Lina Khan, Beam, Robinson, it’s, McCormick, “ It’s, It’s, hasn’t, Alden Abbott, Trump, ’, ”, Abbott, George Mason University’s, “, Patman, Ed Schwartz, Reed Smith, Lee Hepner, Hepner, Chris Jones, Jones, Schwartz, Khan Organizations: CNN, Federal Trade Commission, Southern, Biden, FTC, Politico, Walmart, Patman, RPA, Congress, American Economic Liberties, National Grocers Association, Street Competition Coalition, Southern Glazer’s Locations: Miami, United States, Southern

☆ Help! A Gas Station Charged Me $1,500 and My Bank Won’t Believe It’s Fraud.
▼ + stars: | 2024-06-06 | by ( Seth Kugel | ) www.nytimes.com time to read: +2 min

Dear Tripped Up,Last October, my extended family spent a week in Todos Santos, in Mexico’s Baja California peninsula, for a wedding. Nothing else unusual happened that day, and reviews on Google for this gas station contain eerily similar accusations of fraudulent charges from other tourists. I disputed the charge, but Wells Fargo repeatedly denied my claim, even when I asked the Better Business Bureau to intercede. Dear Nate,We cannot be sure the fraud occurred at the gas station, but if so, it’s a clever scam. Humor me while I consider the situation from the perspective of a bank like Wells Fargo.

Persons: Wells Fargo, Nate, we’re Organizations: Google, Better, Bureau Locations: Todos Santos, Mexico’s Baja California, United States, San José del Cabo, Mexico City, Chevron, Wayland, Mass, Wells Fargo

☆ Opinion | The Absolute Worst Argument for Why Trump Won’t Win
▼ + stars: | 2024-06-06 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

I’m routinely gobsmacked by how many people — including influential Democrats — tell me that they can’t imagine a victory by Donald Trump in November. Most of them don’t parse the economy and augur an end to the “vibecession” that’s distorting assessments of the country’s welfare under Joe Biden. They say some version of this:Americans won’t be that reckless with the country’s future and won’t stoop that crudely and cruelly low. They’ll recognize, however grudgingly, that Trump is an unserious person, unfit for a serious country. It’s a dangerous reprise of the (greater) confidence that Democrats felt about Hillary Clinton back in 2016.

Persons: I’m, Donald Trump, Joe Biden, it’s, Trump, Hillary Clinton

☆ Why Israel-Hezbollah tensions risk boiling over now
▼ + stars: | 2024-06-06 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

In Lebanon, Hezbollah is officially considered a “resistance” group tasked with confronting Israel, which Beirut classifies as an enemy state. Since then, the two sides have traded fire sporadically, but tensions boiled over in 2006 when Israel went to war in southern Lebanon after Hezbollah kidnapped two Israeli soldiers. More than 1,000 Lebanese were killed in that conflict, mostly civilians, as well as 49 Israeli civilians and 121 soldiers. The military capability of the Lebanese group has grown since 2006, when it relied largely on inaccurate Soviet-era Katyusha rockets. Hezbollah has fired 35 kilometers into Israel, while Israel has targeted areas of Lebanon more than 120 kilometers north.

Persons: CNN —, Israel, Rina Castelnuovo, Hassan Nasrallah, Heiko Wimmen, ”, Ramot Naftali, Peter Lerner, ” Amal Saad, ” Saad, Benjamin Netanyahu’s, Ronni, Netanyahu, Bezalel Smotrich, Benjamin Netanyahu, Amir Cohen, ” Naim Qassem, Hezbollah’s, Al, ” Qassem, Jack Guez, Itamar Ben Gvir, Yair Lapid, ” Lapid, Matthew Miller, Biden, “, ” Shaked, Iran – Organizations: CNN, Hezbollah, Lebanese, Crisis, Wednesday, Israel Defense Forces, Cardiff University, Truman Institute, Hebrew University of Jerusalem, Yad Vashem, Holocaust, Reuters, Crisis Group, Getty, Lebanese Ministry of Public Health, National, State Department Locations: CNN — Israel, Lebanese Iran, Israel, Lebanon, Beirut, Palestinian, Gaza, Iraq, Syria, Brussels, Israeli, Cross, Jerusalem, Kiryat Shmona, Lebanese, Al Jazeera, AFP, United States, Iran

☆ Biden says he won’t pardon son if he’s convicted at trial
▼ + stars: | 2024-06-06 | by ( Kevin Liptak | ) edition.cnn.com time to read: 1 min

Washington CNN —President Joe Biden said in an interview Thursday he would not pardon his son, Hunter Biden, if he’s found guilty of criminal federal gun charges. “Yes,” Biden told interviewer David Muir of ABC when asked if he would rule out a pardon of Hunter Biden. He also affirmed he would accept the outcome of the trial, currently underway in Delaware. This is a breaking story and will be updated.

Persons: Joe Biden, Hunter Biden, he’s, “, ” Biden, David Muir Organizations: Washington CNN, ABC Locations: Delaware

Search resuls for: "Won’t"

25 mentions found