DIRS.INFO The most relevant business & tech news

☆ 45 unfairly punished stocks primed for a revival: Goldman Sachs
▼ + stars: | 2024-08-13 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

During the sell-off, strategists at Goldman Sachs recommended buying the dip in US stocks, albeit carefully, as they reiterated their year-end S&P 500 price target of 5,600. Economically sensitive stocks have lagged defensives by at least 5 percentage points in a single week 12 times since 2000, according to Goldman Sachs. "Despite the weak jobs report, our economists believe continued economic expansion is far more likely than recession," Kostin wrote. Goldman Sachs found that those micro factors explained 86% of stock returns in the first half of 2024, versus the long-term average of 57%. Fewer worries about the near-term economic outlook mean stocks will no longer trade in lockstep — a win for active investors.

Persons: —, Goldman Sachs, David Kostin, Kostin, abate, lockstep — Organizations: Service, Goldman, Business, Institute of Supply, Walmart Locations: Japan, lockstep, Monday's

☆ ‘Veep’ star Julia Louis-Dreyfus to host panel with female governors during DNC
▼ + stars: | 2024-08-13 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +2 min

CNN —Julia Louis-Dreyfus will host a panel during the Democratic National Convention with the Democratic Governors Association to put a spotlight on the United States’ female governors, the actress’ publicist confirmed to CNN. Louis-Dreyfus – who played the first fictional female vice president of the United States on HBO’s Emmy-winning “Veep” – is a longtime Democratic supporter and has spoken out publicly on women’s issues throughout her career. The panel, which will be held on August 21 during the week of the DNC in Chicago, will feature the country’s eight Democratic women governors: Arizona Gov. “I’m looking forward to our conversation and the opportunity to shine the spotlight on these accomplished leaders.”Julia Louis-Dreyfus in "Veep" Season 7. As if life was imitating art, fans have noted the real-life similarities to the scripted show in which Louis-Dreyfus played the first female vice president who then became the first female president.

Persons: Julia Louis, Dreyfus, Louis, Dreyfus –, Veep, Katie Hobbs, Laura Kelly, Janet Mills, Maura Healey, Gretchen Whitmer, Michelle Lujan Grisham, Kathy Hochul, Tina Kotek, Seinfeld, ” Louis, “, ” Julia Louis, HBO Max Louis, Selina Meyer, –, Joe Biden, Kamala Harris, Harris, ” Armando Iannucci, ”, CNN’s Lisa Respers Organizations: CNN, Democratic, Convention, Democratic Governors Association, United, Warner Bros ., DNC, Kansas Gov, Maine Gov, Massachusetts Gov, New, New Mexico Gov, New York Gov, Oregon Gov, “, Hollywood, HBO Locations: United States, Chicago, Arizona, Kansas, Maine, Massachusetts, Michigan, New Mexico, CNN’s Lisa Respers France

☆ Kellyanne Conway joins the chorus of Republicans urging Trump to back off the Harris insults
▼ + stars: | 2024-08-13 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

But now that Harris is Trump's official 2024 opponent, more and more Republicans are urging the former president to back off the name-calling — including his former campaign manager Kellyanne Conway. Conway, a regular Fox News contributor, told Fox Business host Larry Kudlow on Monday that Trump needs to stop getting caught up with insults against Harris. Advertisement"The winning formula for President Trump is very plain to see," Conway told Kudlow on Fox Business. "But I believe importantly that President Trump is right that she's a chameleon. AdvertisementConway is just the latest Republican to call for Trump — and Vance, by association — to stop questioning Harris' heritage.

Persons: —, Donald Trump, He's, Joe Biden, Sleepy Joe, Hillary Clinton, Ted Cruz's, John F, Kamala Harris, Harris, Kellyanne Conway, Larry Kudlow, Trump, Conway, Kudlow, she's, Biden, Clinton, there's, JD Vance, Vance, Sen, Lindsey Graham of, Mike Johnson, Richard Hudson — Organizations: Service, Business, Fox News, Fox Business, Trump, Democratic, Republicans, DEI, National Association of Black Journalists, CNN, Republican, Trump —, National Republican Congressional Locations: Conway, Chicago, Lindsey Graham of South Carolina

☆ Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
▼ + stars: | 2024-08-13 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

In this article SBUXCMG Follow your favorite stocks CREATE FREE ACCOUNTBrian Niccol, CEO of Chipotle Anjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked by former CEO Schultz. Other analysts wrote glowingly of Niccol, seeing him as the right person to tackle Starbucks' sluggish sales. Some analysts believe that having Niccol, an experienced restaurant CEO, in the driver's seat could mean that Schultz finally moves on.

Persons: Brian Niccol, Chipotle Anjali Sundaram, Howard Schultz, Niccol, Laxman Narasimhan, Schultz, TD Cowen, Andrew Charles, Piper Sandler, Baird, Oppenheimer, Brian Bittner, Brian, David Palmer, Morgan Stanley, Brian Harbour, Mellody Hobson, Niccol's, Hobson, Gordon, Don Bilson, Chipotle, Steve Ells, Bernstein, Danilo Gargiulo Organizations: CNBC, Starbucks, SBUX, Newport Locations: Denver, Newport Beach

vehicles, their hoods adorned with Bangladesh’s national flag according to state protocol, idled late one recent evening in a ground-floor parking lot at the University of Dhaka. Just a week before, they were hounded leaders of a youth-driven popular uprising against the country’s seemingly unbreakable prime minister. Now, after her astonishing ouster, the two are cabinet ministers in the country’s interim government. Inside the parking lot, young women and men milled around these unlikeliest of government officials, asking questions and posing for selfies. On a pillar at the entrance, spray-painted graffiti declared the moment: “Revolution is not a dinner party.”Outside, the streets of this country of 170 million people are run by students.

Persons: autocrat, Sheikh Hasina Organizations: University of Dhaka, selfies

☆ New book says Bill Gates was envious of Steve Jobs' magnetism: 'How does he do that?'
▼ + stars: | 2024-08-13 | by ( Sarah Jackson | Jordan Hart | ) www.businessinsider.com time to read: +1 min

Microsoft cofounder Bill Gates and Apple cofounder Steve Jobs were two of the biggest tech CEOs of their time. While they at times were both friend and foe, Gates admired and envied Jobs' magnetism, a new book says. Gates has previously said he was "jealous" of Jobs' ability to captivate an audience. AdvertisementBill Gates and Steve Jobs were some of the most influential tech leaders of their time while at the helm of Microsoft and Apple respectively. Gates has spoken of his admiration for Jobs' magnetic persona and ability to woo a crowd, and a new book reveals further details about Gates' envy of the late Apple cofounder.

Persons: Bill Gates, Steve Jobs, Gates, envied, —, Jobs, Anupreeta Das Organizations: Service, Microsoft, Apple, New York Times, Macworld, Business

☆ I co-founded a multimillion-dollar company with my twin sister. Our brutal honesty is an advantage in business.
▼ + stars: | 2024-08-13 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

This as-told-to essay is based on a conversation with Chanda Bell and her twin sister Christa Pitts, co-CEOs of The Lumistella Company. My identical twin Christa and I named our elf Fisbee. Chanda Bell's mom put an elf named Fisbee around the house, which eventually became the Elf on the Shelf. We tell each other whether we're acting as sisters or business partnersWe're business partners, but we're also sisters and best friends. Christa will say, "I just need to talk to my sister right now," or "I'm calling as a business partner."

Persons: Chanda Bell, Christa Pitts, Christa, Fisbee, Chanda Bell's, Chanda Bell Christa, we're, you've Organizations: Service, Lumistella, QVC, Publishers

New York residency is especially important to Mr. Kennedy because his running mate, Nicole Shanahan, lists California as her home. Mr. Kennedy, 70, an environmental lawyer, spends most of his time at a home in Los Angeles that he shares with his wife, the actress Cheryl Hines. “New York has been his residence continuously since 1964, and Mr. Kennedy has deep ties to it,” Mr. Savino said in the statement. Mr. Kennedy revealed the bear-dumping in a video he posted on social media just before a critical New Yorker profile that included the same anecdote was published. After the bear story became public — resulting in a barrage of public criticism and mockery — Mr. Kennedy sought to fire back, placing a post on X.com on Tuesday, attacking the “mainstream media.”“The more you smear me,” Mr. Kennedy wrote, “the more I’ll keep speaking.”

Persons: Robert F, Kennedy Jr, Kennedy, —, Kennedy’s, William F, Savino, “, ”, Paul Rossi, Christina L, Lis Smith, Donald J, Biden, Trump, Kamala Harris, Nicole Shanahan, Cheryl Hines, ” Mr, Barbara Moss, Ms, Moss, David Michaelis, Nancy Steiner, Steiner, Michaelis, Moss’s, Bobby, Mr Organizations: Clear Choice, Democrat, Constitution, Democratic National Committee, Democratic Party, Democratic, Trump, Mr, New, New York Post, Westchester, Yorker Locations: York, Albany, N.Y, New York, Manhattan, U.S, Michigan, North Carolina, Hawaii , New Jersey, North Carolina . New York, California, Los Angeles, Katonah, New York City, Westchester County, “, Central Park, X.com

☆ Ukraine's Kursk incursion shows it's learned not to tease its big offensives before going in for the kill
▼ + stars: | 2024-08-13 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The New York Times' report on the prelude to the bold, cross-border attack gives a glimpse at Ukraine's emphasis on secrecy this time. AdvertisementMost notably, Ukraine's leaders largely kept mum about the offensive even days after reports emerged that Kyiv's troops were pushing miles deep into Kursk. The Times' latest report described how Ukraine's researchers had started studying past campaigns after the failures of 2023. AdvertisementIn Kursk, Russian forces look like they've been caught off guard. Ukraine is reported to have broken through defensive lines along several positions, saying on Monday that it's seized 28 villages.

Persons: —, it's, Artem, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, Ukraine, Kremlin, Business, New York Times, The Times, Times Locations: Kursk, Ukrainian, Ukraine, Russia, Kyiv, Crimea

Early voting is underway for Florida’s Aug. 20 primaries, and Mucarsel-Powell and Scott face nominal competition for their party's nominations. The November elections will be a test on where Florida Democrats stand after devastating losses in the midterm elections. A focus on abortion rightsMucarsel-Powell is making abortion rights a key issue in the race. Some abortion rights advocates have pushed back on politicizing the issue. Tim Walz, are vocal supporters of abortion rights and IVF and fertility treatment access and have made the issue a campaign priority.

Persons: Debbie Mucarsel, Powell, Mucarsel, Sen, Rick Scott, that’s, Scott, ”, Elia, Dimitris Harvalis, Carmen Sesin, Carlos Gimenez, Giffords, Gabrielle Giffords, Democrat Catherine Cortez Masto, Eduardo Gamarra, Gamarra, Bill Nelson, GovTrack, Scott’s, Nancy Pelosi, Ilhan Omar, Will Hampson, Hillsborough Community College Dale, Thomas Simonetti, Joe Biden’s, Donald Trump, Kamala Harris, Joe Biden, Ron DeSantis, Republican Sen, Marco Rubio, “, It’s, “ It’s, That’s, Tim Walz, Harris, it’s Organizations: U.S, Senate, Republican, America, Public, University of North, Florida’s, NBC, Ecuadorian, Rep, Latina, U.S . Senate, Democrat, Florida International University, Republicans, Democratic, Hillsborough Community College, Hillsborough Community College Dale Mabry, Bloomberg, Getty, Democrats, Florida Democrats, Gov, Miami, Dade, ”, Minnesota Gov, FIU Locations: Fla, Florida, Mucarsel, University of North Florida, Miami, Dade, Ecuadorian American, American, Ecuador, Nevada, Tampa, Venezuela, Cuba, Latin America, Dade County, North Carolina, Virginia

WASHINGTON — Longtime Rep. Bill Pascrell, D-N.J., was readmitted to the hospital Sunday night, just days after he was released from a weeks-long hospital stay to a rehabilitation facility, a source close to the congressman confirmed Monday. Pascrell is now receiving care at Cooperman Barnabas Medical Center in Livingston, N.J., the source said. Pascrell checked himself into a hospital on July 14 with a fever, which his staff said may have been caused by a respiratory illness. At 87 years old, Pascrell is the second-oldest House member, only behind retiring Rep. Grace Napolitano, D-Calif. A former member of the New Jersey General Assembly and a former Patterson mayor, Pascrell was first elected to Congress in 1996.

Persons: WASHINGTON, Bill Pascrell, Pascrell, wasn’t, Grace Napolitano, Billy Prempeh, Prempeh, Joe Biden, Donald Trump, Joe Biden’s, Biden, Reluctantly, Kamala Harris, Sen, Chuck Grassley Organizations: WASHINGTON —, Cooperman Barnabas Medical Center, New, New Jersey General Assembly, Patterson, GOP, Local, Democratic Party Locations: Livingston , N.J, New Jersey, New Jersey's, Iowa

WASHINGTON — The hard-right Freedom Caucus is pushing House Republican leaders to condition government funding on passage of new proof-of-citizenship requirements to vote and create a new deadline that faces broad Senate opposition. If GOP leaders attached it to government funding, it would spark a standoff with Democrats and President Joe Biden that risks a government shutdown. House and Senate Democrats favor a late 2024 deadline. Senate Appropriations Chair Patty Murray, D-Wash., said the Freedom Caucus demands amount to “outrageous partisan pills” that are a “nonstarter,” calling for a bipartisan approach. “The House will continue its successful effort to responsibly fund the government for FY25 when it returns from its district work period.”

Persons: WASHINGTON, —, Mike Johnson, President Trump, ”, Harris, Joe Biden, Sen, Susan Collins, Patty Murray, Donald Trump, ” Murray, Bob Good, Johnson, Athina Lawson Organizations: Republican, Caucus, Biden, Trump, Democratic, GOP, Democrats, Committee, NBC, Freedom Caucus, NBC News Locations: U.S, Maine

Courtesy Marian IppelHer lawsuit names as defendants the Grace Christian Reformed Church of Grand Rapids and affiliates, including the Christian Reformed Church in North America, a Protestant Calvinist Christian denomination also based in Grand Rapids. The Grace Christian Reformed Church did not immediately respond to requests for comment. “Recovered memory cases are difficult because you may need corroborating evidence, particularly when a child is very young,” Cadigan, who is not associated with Ippel’s case, said. The Christian Reformed Church in North America said it was unaware of any other complaints against the deacon, but said it investigates claims when people come forward. Abuse awarenessThe Christian Reformed Church, which counts about 230,000 followers in North America, has known of a history of abuse within its member churches, according to the suit.

Persons: Marian Ippel, ” Ippel, ” Marian Ippel, Ippel, Lynne Cadigan, ” Cadigan, ”, Marian, Ippel’s, Marian’s, “, wasn’t, Megan Bonanni, Larry Nassar, ” Bonanni, John Wixted, Wixted, James Hopper, Cadigan, they’re Organizations: Kent County Circuit, NBC News, Grace Christian Reformed Church, Christian Reformed Church, Catholic, “, Abuse Prevention, Catholic Church, University of California Locations: Grand Rapids , Michigan, Kent County, Grand Rapids, North America, Arizona, Guinea, Michigan, Manhattan Beach , California, San Diego

☆ Democrats Turn to Their National Security Go-To for Trump Assassination Inquiry
▼ + stars: | 2024-08-12 | by ( Luke Broadwater | ) www.nytimes.com time to read: +1 min

It was April 2022, weeks after Russia had invaded Ukraine and touched off an international crisis, and two Republican lawmakers had rushed to be the first to travel to the besieged country. Now Ms. Pelosi wanted to quickly arrange her own visit — and she wanted Mr. Crow, whose national security background distinguished him in his party, to come with her. A late-night phone call from Ms. Pelosi to Mr. Crow would have been improbable when he first came to Congress in 2019. Hailing from a competitive district in Colorado, he had run as a centrist and avowed detractor of the liberal Ms. Pelosi, and after he knocked off a Republican incumbent he pledged that he would not vote for her for speaker. But since then, his credentials — including three tours of duty in Iraq and Afghanistan and a Bronze Star, as well as a law degree and a background in private-sector investigations — have made Mr. Crow a go-to lawmaker for Democratic leaders on difficult national security issues.

Persons: Jason Crow, Nancy Pelosi, Pelosi, Crow Organizations: Colorado Democrat, Army, Republican, Democratic Locations: Colorado, Bucharest, Romania, Ukraine, Russia, Iraq, Afghanistan

☆ A US Navy carrier strike group equipped with F-35 stealth fighters is rushing to the Middle East along with a submarine packed with Tomahawk missiles
▼ + stars: | 2024-08-12 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewThe US is accelerating the deployment of a carrier strike group to the Middle East and sending a guided-missile submarine to the region, the Pentagon announced late on Sunday. Attached to the Lincoln, the lead ship of the US Navy's Carrier Strike Group 3, is a carrier air wing equipped with a squadron of fifth-generation F-35C stealth fighters. The aircraft carrier USS Abraham Lincoln maneuvers through a turn while underway in the US 5th Fleet area of responsibility. The Ohio-class guided-missile submarine USS Georgia returns to its homeport at Naval Submarine Base Kings Bay, Georgia. Both Iran and Hamas vowed revenge for the shocking killings, which sparked fears that any retaliation from Tehran and its proxies could send the Middle East spiraling into even more conflict.

Persons: —, Defense Lloyd Austin, Abraham Lincoln, Austin, Lincoln, Pat Ryder, Theodore Roosevelt Carrier, . Lee Apsley, Yoav Gallant, Ashley Berumen, Israel Organizations: Service, Pentagon, Sunday, Defense, Abraham Lincoln Carrier Strike Group, Business, Pentagon Press, US Navy's Carrier, Theodore Roosevelt Carrier Strike, Fleet, Navy, US, Command, Israeli, Naval Submarine Base, US Navy, Mass, Lincoln, Raptors Locations: Israel, Iran, Pacific, East, Lincoln, Gulf, Oman, Georgia, an Ohio, Austin, United States, Ohio, Bay , Georgia, Lebanon, Tehran

☆ ICE Training Barely Covers De-Escalation, Promotes Agents Use of Force
▼ + stars: | 2024-08-12 | by ( Lila Hassan | ) www.businessinsider.com time to read: +15 min

But the Llanez family never learned whether Gonzalez had followed ICE training protocols, because the way ICE agents are trained has been largely hidden from the public. For years, civil-rights groups have sought to obtain, with limited success, complete ICE training documents to understand how that training affects use of force by agents in the field. And they also appear to place an emphasis on teaching ICE agents how to justify the use of force. Among the most important lessons ICE agents receive is when and how to use deadly force. One of the questions asks which steps an officer must take before initiating deadly force; the answer is "None, deadly force can be initiated immediately."

Persons: Ronaldo Gonzalez, Gonzalez, Fernando Llanez, Llanez, Jorge Hernandez, weren't, Hernandez, Miguel Alvarez, Ivón Padilla, " Alvarez, FLETC, Gonzalez didn't, Alvarez, isn't, John Bostain, Jim Trainum, Phillip Causey, Gabino Ramos Hernandez, Ramos, Causey, we're, Timothy Cerniglia, Cerniglia, You'll, we'll, Trainum, Christian Rodriguez Organizations: Type Investigations, Immigration, Business, ICE, Court, Southern, Southern District of, Investigations, of Homeland Security, University of Illinois Chicago, Federal, Training Centers, Department of Homeland Security, Federal Law, Department of Justice, Citizens, DHS, Metropolitan Police Department, Mississippi Bureau of Investigation Locations: Chula Vista , California, Chula Vista, Southern District, Southern District of California, Charleston , South Carolina, Glynco, Georgia, Washington ,, Laurel , Mississippi, Southern District of Mississippi, Mississippi

After tearing into each other in the past, the world's richest person and Republican presidential nominee have become close political allies. December 2016: Musk appointed to Trump's advisory councilsDonald Trump on Tuesday escalated his feud with Elon Musk in a series of Truth Social posts belittling the billionaire. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. "You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. AdvertisementJuly 2022: Musk says Trump shouldn't run againElon Musk.

Persons: —, Elon, Donald Trump, Trump, Musk, Yasin Ozturk, Hillary, Elon Musk, Evan Vucci, Uber, Travis Kalanick, flack, Alex Brandon, Musk's, Tesla, Justin Sullivan, He's, Thomas Edison, Jonathan Ernst, Chris Saucedo, unban Trump, Patrick T, Fallon, I've, Alexi Rosenfeld, getty, Seth Herald, Twitter, Ron DeSantis, DeSantis, David Sachs, John Moore, Joe Biden, Ohio Sen, JD Vance, Vance, MAGA, Biden, Kamala Harris, Harris Organizations: Service, Trump, Twitter, Business, CNBC, Elon, White, SpaceX, Donald Trump AP, America, Ford, General Motors, NASA's Kennedy Space Center, REUTERS, SXSW, Financial Times, US, Getty, Republican, and Freedom Coalition, White House, Radical Left, Florida Gov, The New York Times, GOP, Times, Republican National Convention, Ohio, Wall Street, Democratic Locations: United States, Paris, Anchorage , Alaska, California, Cape Canaveral , Florida, U.S, Nashville , Tennessee, Musks, Silicon Valley, Mexico, Eagle Pass , Texas, Eagle, , Texas, Washington, Ukraine, Lago, Harris

☆ Why Iran Has Waited to Retaliate Against Israel for Hamas Leader’s Killing
▼ + stars: | 2024-08-12 | by ( Matthew Mpoke Bigg | ) www.nytimes.com time to read: +1 min

Iran vowed revenge at the end of last month after a top Hamas leader was killed in Tehran, leading many in Israel to fear an imminent attack. Nearly two weeks have passed and no large-scale response has materialized, leaving Israel and the wider Middle East on edge. Here’s a look at the crisis and the factors that could determine what happens next:Why has Iran vowed revenge? Iran and Hamas officials have promised to avenge the death of Ismail Haniyeh, a senior Hamas leader, who was killed in Tehran on July 31 after he attended the inauguration of Iran’s president, Masoud Pezeshkian. Iran, which backs Hamas, blamed Israel for the assassination.

Persons: Ismail Haniyeh, Masoud, Israel, Fuad Shukr Locations: Iran, Tehran, Israel, Masoud Pezeshkian, Beirut, Lebanon, Golan

Ms. Harris dropped in on each one, in descending order of price and intimacy, as donors enjoyed peach mimosas and shrimp cocktails before her remarks in the grand ballroom. The Harris campaign is immediately being more intentional at courting this community, dispatching aides to meet with affinity groups representing venture capitalists and the cryptocurrency industry. And she has hired additional fund-raising aides with ties to the Bay Area who helped organize Sunday’s event. Ms. Harris also has connections that Mr. Biden simply does not. Josh Becker, who represents much of Silicon Valley in the California Senate and is close with many industry heavyweights, said he had hosted Ms. Harris in his home two decades ago.

Persons: Joe Biden, Kamala Harris, Biden, Harris’s, givers, Harris, ”, “ Harris Walz ”, Donald J, Trump, podcaster David Sacks, Sacks, Sheryl Sandberg, Laurene Powell Jobs, Steve Jobs, Josh Becker, Becker, ” Mr, Jason Henry, Nancy Pelosi, Jeffrey Katzenberg, Tom Steyer, Liz Simons, John Doerr, Reid Hoffman, Steve Westly, Getty, scions, Westly, Harris “, Eleni Kounalakis, —, ” Lateefah Simon, “ Kamala Harris, Simon, “ She’s, Ms, Ron Conway, Steve Spinner, Barack Obama’s, Hopkins, Mr, Spinner Organizations: Sunday, Obama, Bay Area, Facebook, Apple, San, California Senate, The New York Times, Biden, Area, InterContinental Locations: San Francisco, Nob, Woodside, Menlo, California, Pacific Heights, Silicon Valley, Versailles, Bay

☆ Israel-Hamas War and Gaza Cease-Fire Proposal: Latest Updates
▼ + stars: | 2024-08-12 | by ( Isabel Kershner | Eric Schmitt | ) www.nytimes.com time to read: +5 min

Image Smoke billowing after an Israeli airstrike on Khan Younis in the southern Gaza Strip on Sunday. In a statement on Sunday, the group said it objected to “more rounds of negotiations” and the introduction of any new proposals or conditions. Officials in Gaza said over the weekend that dozens of people had been killed in Israel’s strike on the school compound. The authorities in Gaza do not distinguish between combatants and civilians in reporting death tolls. Israel’s political and military leaders have argued that it is essential to keep up the military pressure on Hamas, to force it to come to terms on a cease-fire deal.

Persons: Biden, Khan Younis, Bashar Taleb, Abdel Fattah el, Sheikh Tamim bin Hamad, Israel, Benjamin Netanyahu, Netanyahu, Tisha B’Av Organizations: Lebanese Hezbollah, ., Agence France, Getty Locations: Beirut, Tehran, Israel, Iran, Gaza, Egypt, Qatar, Thani, Cairo, Doha, Jerusalem, Aqsa

☆ Oil prices surge as US rushes forces to the Middle East ahead of a possible attack by Iran
▼ + stars: | 2024-08-12 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +2 min

Oil prices spiked on Monday as tensions flared in the Middle East. WTI crude oil and Brent crude were up over 3.6% and 2.86%, respectively. AdvertisementUS and international oil prices are surging as tensions in the Middle East simmer ahead of a potential attack by Iran against Israel. The rise in oil prices comes as Israel prepares for potential attacks from Iran, sources told the Wall Street Journal. Even before the latest production record, the Energy Information Administration announced in March that the US produces more crude oil than any other country.

Persons: Brent, —, Israel, Ismail Haniyeh Organizations: Service, Israel . West Texas, Wall Street Journal, Pentagon, Energy Information Administration Locations: East, Israel, Tehran, Iran, Beirut, OPEC

☆ Israel and US brace for Iranian attack as diplomats push hard for Gaza ceasefire
▼ + stars: | 2024-08-12 | by ( Christian Edwards | ) edition.cnn.com time to read: +6 min

CNN —Israel and the United States are preparing for a potential Iranian attack on Israel as efforts to secure a ceasefire in Gaza intensify, with talks set to resume this week amid intense diplomacy to avert a wider regional war. A major Iranian attack reprisal against Israel could risk derailing the ceasefire talks that US officials have said were at an advanced stage prior to the assassination of Hamas’ political leader Ismail Haniyeh in Tehran, which Iran blamed on Israel. But the country’s mission to the United Nations said on Saturday that Tehran’s retaliation to Israel’s suspected killing of Haniyeh is “totally unrelated to the Gaza ceasefire,” adding that it has a right to self-defense. Palestinians pray next to the bodies of those killed in an Israeli strike on a school sheltering displaced people in Gaza City on Saturday. Egyptian and Qatari mediators have told Israel that Sinwar wants a deal, an Israeli source familiar with the matter told CNN.

Persons: CNN —, –, Ismail Haniyeh, Israel hasn’t, Israel, hasn’t, Iran’s, Ayatollah Ali Khamenei, “, ”, Haniyeh, Lloyd Austin, Israel “, William Gore, Lebanon –, Fu’ad Shukr, Abed Sabah, Yahya Sinwar –, Israel –, Joe Biden, Sinwar, Benjamin Netanyahu, Bibi, Netanyahu Organizations: CNN, Qatari, Doha, United, Islamic Revolutionary Guard Corps, United Nations, US, USS, Pentagon, Congress, UN, Spc, US Navy, Reuters, –, US National Security Council, Israel Defense Forces Locations: CNN — Israel, United States, Israel, Gaza, Iran, Cairo, Egypt, Qatar, Tehran, France, Germany, United Kingdom, USS Georgia, Manama, Bahrain, Lebanon, Beirut, Gaza City

☆ FAFSA delays will keep plaguing students for 2025-26 school year—how to maximize your chances of getting financial aid
▼ + stars: | 2024-08-12 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

Students and their families, along with college financial aid administrators, hoped the 2025-26 school year would be a return to normalcy. Financial aid administrators continue to deal with problems even as the school year quickly approaches. But ultimately, financial aid advocates conceded that they'd rather have a delayed-yet-functional application than an on-time and glitchy one. There's not much applicants can do at this point to ease stress about the financial aid timeline. Still, Vasconcelos shares three tips for incoming or current college students as the upcoming financial aid cycle approaches.

Persons: they'd, Shannon Vasconcelos, It's, Vasconcelos, Vasoncelos, We've Organizations: of Education, Federal, Congressional, Bright Horizons, CNBC, didn't, Aid, Social

☆ Musk Tees Up Softball Questions for Trump on X, After Technical Problems
▼ + stars: | 2024-08-12 | by ( Michael Gold | ) www.nytimes.com time to read: +1 min

What was supposed to be Donald J. Trump’s triumphant return to a social-media platform central to his presidency was marred by glitches on Monday night, when a livestreamed conversation on X between Mr. Trump and its owner, Elon Musk, was significantly delayed by technical issues. But once their chat began, 40 minutes after it was scheduled, Mr. Musk’s and Mr. Trump’s newly developed camaraderie was on clear display, with the billionaire tech entrepreneur lobbing softball questions that allowed Mr. Trump to rattle off the talking points that have animated his presidential campaign. The conversation offered little new information about Mr. Trump’s views. Over the course of more than two hours, Mr. Trump attacked Vice President Kamala Harris, his Democratic opponent, as a “phony” who, along with President Biden, failed to address crossings at the U.S. border with Mexico. Mr. Musk bought Twitter in 2022 and rebranded it as X last year.

Persons: Donald J, Trump’s, Trump, Elon Musk, Musk’s, Kamala Harris, Biden, Musk Organizations: Democratic Locations: U.S, Mexico, America

Nearly two weeks have passed and no large-scale response has materialized, leaving Israel and the wider Middle East on edge. Iran, which backs Hamas, blamed Israel for the assassination, but Israeli leaders have not said their forces were responsible. What could an Iranian response look like? U.S. and Israeli diplomats and security officials had some advanced knowledge of its scope and intensity of Iran’s attack in April, which facilitated defensive preparations. The foreign minister of Jordan, an ally of the United States, has traveled to Tehran in recent days for meetings.

Persons: Ismail Haniyeh, Masoud, Israel, Fuad Shukr, Haniyeh’s, Ayatollah Ali Khamenei, Nasser Kanaan, Sanam Vakil, Pezeshkian, Vakil, Ms, Ali Vaez, Vaez, “ Israel, ”, Benjamin Netanyahu, “, Jordan, Mr, Haniyeh, Lloyd J, Austin III, Biden Organizations: Iran’s Foreign Ministry, Chatham House, Crisis, Diplomats, of Islamic Cooperation, United, Hamas Locations: Iran, Tehran, Israel, Masoud Pezeshkian, Beirut, Lebanon, Golan, East, London, Yemen, Iranian, United States, Gaza, Saudi Arabia

Search resuls for: "Leaders"

25 mentions found