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☆ CNBC Daily Open: August’s CPI report isn’t as bad as it seems
▼ + stars: | 2023-09-14 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Celal Gunes | Anadolu Agency | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineAt first glance, August's CPI report seems bad news. And gasoline prices have actually retreated 3.3% from a year ago, suggesting that they're still on a downward trend in the long run. Indeed, the annual measure of core CPI still dropped from 4.7% in July to 4.3% in August.

Persons: Celal, we've, Andrew Hunter, Lisa Sturtevant, Sturtevant, Kayla Bruun, " Bruun, Dow, —, Jeff Cox, Greg Iacurci Organizations: Anadolu Agency, Getty, CNBC, CPI, U.S . Bureau of Labor Statistics, Capital Economics, Bright MLS, Morning, Markets, 3M, Caterpillar, Nasdaq Locations: Virginia, Tesla

☆ After Birkenstock's 'Barbie' bump, iconic footwear brand seeks a big part in IPO market
▼ + stars: | 2023-09-13 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +10 min

Footwear companies have found recent success going public market, but not all by any means over the longer-term. In more recent history, the brand has collaborated with Rick Owens, Dior, and Manolo Blahnik, among many other big names in fashion. The current IPO market landscape The IPO market has been all but frozen since the pandemic stock offering boom crashed, and successful IPOs have included iconic brands, such as the Johnson & Johnson spinoff of its consumer health business which includes Tylenol and band-Aids in the Kenvue IPO. Still, while Kenvue was the biggest deal of the year, it's barely holding onto its IPO price today, according to CNBC and Renaissance Capital data, and the IPO market overall hasn't performed great after listing. The two potential paths of a footwear IPO can be tracked by the histories of Crocs and Allbirds.

Persons: Nordstrom, Jeff Greenberg, what's, Johann Adam Birkenstock, Birkenstock, Angelo Bochanis, Oliver Reichert, outsized, Reichert, Konrad Birkenstock, Johann, Karl, Konrad, Margo Fraser, Kim Knott, Kate Moss, Corinne Day, Rick Owens, Dior, Manolo Blahnik, Jeremy Moeller, Barbie, Margot Robbie, Johnson, Kenvue, it's, hasn't, Mark Cohen, Cohen, Jamie Dimon, Dimon, Bochanis, " Cohen Organizations: Universal, Getty, New York Stock Exchange, Nasdaq, Holding, Renaissance, Consumers, British Elle, Brand, CNBC, Columbia Business School, Facebook, Wall, JPMorgan, Company Locations: Merrick, , Miami, Germany, America, California, British, Arizona, It's, U.S

☆ Direxion rolls out Nvidia-focused ETFs for bulls and bears
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +2 min

The Direxion Daily NVDA Bull 1.5x Shares ETF (NVDU.O) seeks to deliver 1.5 times the price return of daily moves in Nvidia’s shares, which have more than tripled year-to-date. Meanwhile, the Direxion Daily NVDD Bear 1x Shares ETF allows bearish investors to profit when Nvidia’s shares decline. Single-stock ETFs made their debut in 2022, but only a handful of products have since been introduced by five firms, including Direxion. Because of their increased exposure, investors’ losses in leveraged exchange traded products can be staggering, analysts said. Only four leveraged single-stock ETFs currently have more than $50 million, according to Morningstar.

Persons: Robert Galbraith, “, ”, Bryan Armour, GraniteShares, Direxion, Edward Egilinsky, ” Direxion, Suzanne McGee, Ira Iosebashvili, David Gregorio Our Organizations: Nvidia, REUTERS, Nvidia Corp, Morningstar Inc, Morningstar, Thomson Locations: Santa Clara , California, Nvidia’s

☆ August core inflation, excluding food and energy, rose 0.3%, hotter than expected
▼ + stars: | 2023-09-13 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

However, excluding volatile food and energy, the core CPI increased 0.3% and 4.3%, respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term. Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, climbed 0.3%. Within shelter, the rent of primary residence index rose 0.5% and increased 7.8% from a year ago.

Persons: Dow Jones, airfares, Lisa Sturtevant, Sturtevant, paychecks, Andrew Hunter Organizations: Federal Reserve, U.S . Department of Labor, Transportation, Bright MLS, Treasury, Labor Department, Capital Economics, Group

☆ Milley disputes Trump's claim he recommended an attack on Iran
▼ + stars: | 2023-09-13 | by ( Jeremy Herb | ) edition.cnn.com time to read: +4 min

“I can assure you that not one time have I ever recommended to attack Iran,” Milley said. In his book, “The Chief’s Chief,” Meadows references the meeting and the Iran document, claiming Milley urged Trump to attack Iran more than once during Trump’s presidency, but that Trump would not do so. “It contained the general’s own plan to attack Iran, deploying massive numbers of troops, something he urged President Trump to do more than once during his presidency. President Trump denied those requests every time.”Milley told Zakaria he did not know what Meadows had written but reiterated he had never recommended an attack on Iran. “I can tell you with certainty that this chairman never recommended a wholesale attack on Iran,” Milley said.

Persons: Mark Milley, “ Fareed Zakaria, CNN’s Fareed Zakaria, Trump, Donald Trump, Mark Meadows, ” Milley, Milley, Jack Smith’s, Meadows, ” Trump, Zakaria, I’ve, that’s, ”, ” Meadows Organizations: CNN, Joint Chiefs, Staff, White, Army, Milley, Trump, Yorker Locations: Iran, “, Bedminster , New Jersey, ” Meadows

☆ Morgan Stanley: Buy these 9 stocks with up to 43% upside to hedge against the risk of a downturn for an overvalued market
▼ + stars: | 2023-09-13 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

US stocks are set to give up almost all of their year-to-date gains, according to Morgan Stanley. Investors are starting to gravitate toward high-quality growth stocks despite high interest rates, according to Morgan Stanley. 9 defensive stocks to buy nowIn his note, Wilson updated Morgan Stanley's fresh-money buy list of stocks worth owning now. Despite what the name might suggest, these aren't new recommendations, but are rather firms that Morgan Stanley is very bullish on. Morgan StanleyBelow are the nine names on Morgan Stanley's fresh-money buy list, along with the ticker, market capitalization, sector, price target, and percent upside to that target for each.

Persons: Morgan Stanley, Morgan, that's, Mike Wilson, Morgan Stanley's, Wilson

Tesla needs as many Nvidia chips as it can get, based on CEO Elon Musk recent comments on the company's quarterly earnings call. Tesla isn't the first to work on custom AI chips focused specifically on the company's bread and butter. And that's coming from the head of one of the most cutting-edge AI companies on the planet. Nvidia chips can be utilized by clients for many applications, making it easier for them to accelerate growth. The fresh Nvidia-Tesla conversation adds another layer to Oracle's report Monday, when viewed through the lens of Nvidia's AI leadership.

Persons: Tesla, Morgan Stanley, Morgan, Jim Cramer, Elon Musk, Musk, Sundar Pichai, Jim, Oracle, Jim Cramer's, Jensen Huang Organizations: Nvidia, Oracle, Broadcom, Google, NVIDIA, Citigroup, Oracle Cloud Infrastructure, Citi, Amazon Web Services, UBS, CNBC, Getty Locations: OCI, Taiwan

DuckDuckGo, Microsoft (MSFT.O) and Yahoo are among a long list of Google competitors who will be watching the trial closely. “It would be difficult to overstate the importance of this case, particularly for monopolies and companies with significant market share,” antitrust lawyer Luke Hasskamp told Reuters. The lawsuit that goes to trial was brought by former President Donald Trump's Justice Department. read moreJudge Mehta will decide if Google has broken antitrust law in this first trial, and, if so, what should be done. Reporting by Diane Bartz; additional reporting by Mike Scarcella; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, DuckDuckGo, Kamyl Bazbaz, Luke Hasskamp, ”, Amit Mehta, Barack Obama, Donald Trump's, Joe Biden's, Mehta, Daniel McCuaig, Cohen Milstein, Diane Bartz, Mike Scarcella, Diane Craft Organizations: Google, REUTERS, U.S . Justice, Apple Inc, Mozilla, Microsoft, Yahoo, Big Tech, Facebook, Reuters, Apple, Twitter, Big, U.S, District of Columbia, Department, Android, U.S . Justice Department's Antitrust, Thomson Locations: London, Britain, WASHINGTON, United States, “

☆ Tech sector leads US stocks higher after bullish upgrade to Tesla
▼ + stars: | 2023-09-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US tech stocks surged on Monday after Tesla received a bullish upgrade from Morgan Stanley. Tesla stock jumped as much as 10% after Morgan Stanley highlighted the company's Dojo supercomputer initiative. Also helping stocks on Monday was the biggest decline in the US dollar in two weeks. Shares of Tesla jumped as much as 10% after Morgan Stanley said the company's Dojo supercomputer initiative could add $500 billion to its market value. "The more we looked at Dojo, the more we realized the potential for underappreciated value in the stock," Morgan Stanley said.

Persons: Tesla, Morgan Stanley, Stocks Organizations: Dojo, Service, Technology, US, Federal, Market, Dow Jones Locations: Wall, Silicon, Here's

☆ WATCH: Kamala Harris dances to Q-Tip's 'Vivrant Thing' as she hosts a celebration honoring the 50th anniversary of hip-hop
▼ + stars: | 2023-09-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

The vice president was seen enjoying the scene and dancing to Q-Tip's 1990s classic "Vivrant Thing." "Hip-hop is the ultimate American art form," Harris said in her remarks to guests at the event. The lyrics flowed: "Imprinted on my mind every minute / Make my plans and you always in it / It's such a vivrant thing / Vivrant thing, a vivrant thing / And even though we both fly / Give each other space and not the evil eye." Advertisement Advertisement Watch:"Hip-hop is the ultimate American art form," Harris said in her remarks, per a pool report. AdvertisementAdvertisement"Every day, Vice President Harris is fighting for the people," Harvey Mason, Jr., chief executive of The Recording Academy, said at the event.

Persons: Kamala Harris, Harris, MC Lyte, Roxanne Shante, Lil, Wayne, Fat Joe, Jeezy, Chuck D, Sen, Raphael Warnock of, Wes Moore, Cori Bush, Harvey Mason , Jr Organizations: Saturday, Service, Naval Observatory, CNN, Gov, Biden, Black, The Recording Academy Locations: Washington, Wall, Silicon, Washington , DC, Raphael Warnock of Georgia, Maryland, Missouri

☆ There are different accounts of Elon Musk's role in the thwarting of Ukraine's surprise attack against Russia by cutting off SpaceX satellite access. Both show one billionaire's outsized influence on
▼ + stars: | 2023-09-10 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

One explosive claim is that Musk thwarted a surprise Ukrainian attack on Crimea. Allowing the use of Starlink for the attack, he concluded, could be a disaster for the world. He now says that the policy had been implemented earlier, but the Ukrainians did not know it, and that night he simply reaffirmed the policy," Isaacson said. There have been previous reports of Musk rejecting Ukraine's request to enable satellite access in Crimea. Musk responded to Isaacson's clarification on Saturday, claiming, "At no point did I or anyone at SpaceX promise coverage over Crimea.

Persons: Walter Isaacson's, Musk, Isaacson, Elon, Elon Musk, Russia's, Twitter Isaacson, Ian Bremmer, Bremmer, Colin Kahl, Kahl Organizations: Elon, Service, The Washington Post, Media, Russian, SpaceX, Tulane University, Financial Times, Yorker, Pentagon Locations: Crimea, Wall, Silicon, The Washington, Russian, Ukrainian, Crimean, Sevastopol, Donetsk, Kherson, Luhansk, Ukraine

☆ Harvard-trained psychologist: It's OK if you don't want your parents' opinion on who you date—here's how to tell them
▼ + stars: | 2023-09-09 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

This is especially true when it comes to aspects of life where parents sometimes feel they should have an outsized say, such as who their child is dating. What a person wants in their romantic partner and what their parents believe they should want in a romantic partner are often different. Let's say, for example, you're unhappy in your relationship, but your parents really like your partner and have vocalized that breaking up with them would be a mistake. You don't have to bash your partner or even become combative with your parents. "It requires self-reflection and reflection on who your parents are," Bryant says.

Persons: Bryant Organizations: Pepperdine University, Harvard Medical, American Psychological Association

☆ Walmart cut starting pay for some new jobs
▼ + stars: | 2023-09-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

The pay change did not apply to any existing employees. Walmart’s starting pay ranges from $14 to $19 depending on the store and local market. Walmart said it made the change so its starting pay was consistent across store jobs, whether workers were cashiers, shelf stockers or helped with online orders. “Consistent starting pay results in consistent staffing and better customer service,” a Walmart spokesperson said in a statement. While Walmart reduced pay for future hires, it increased the pay scale for some existing employees.

Persons: ” Jefferies, Corey Tarlowe, “ Organizations: New, New York CNN, Walmart, Street Journal, Federal Reserve Locations: New York

☆ Here are Thursday's biggest analyst calls: Nvidia, Meta, Apple, Netflix, Roku, McDonald's, Micron & more
▼ + stars: | 2023-09-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Thursday's biggest calls on Wall Street: Barclays initiates Jabil and Flex as overweight Barclays initiated several technology manufacturers Thursday and said it sees margin expansion. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on the stock heading into Apple's iPhone event next week. Barclays initiates LPL Financial as overweight Barclays said the financial services company is a "solid organic grower at reasonable valuation." Barclays downgrades Seagate to equal weight from overweight Barclays downgraded Seagate mainly on valuation. Morgan Stanley reiterates Meta as overweight Morgan Stanley said it's staying bullish on shares of Meta.

Persons: Wells, Goldman Sachs, Morgan Stanley, McDonald's, Apple, it's, Jefferies, Canaccord, Johnson, Bernstein, Tesla, underperform Bernstein, Raymond James, Dell, Dan Jedda, Stifel, Riley downgrades Crocs, Riley, Truist, Raymond James downgrades Dave, Buster's, Guggenheim, Meta Organizations: Street, Barclays, JBL, EV, HSBC, Citi, Micron Citi, Micron, Oracle, Johnson, JPMorgan, Netflix, Tesla, DELL, Bank of America, Cloud Computing, LPL, Vail Resorts, Seagate, CyberArk Software Ltd, Meta, Nvidia Locations: 3Q23, Vail

☆ Australia's Indigenous Voice referendum faces misinformation linked to COVID influencers
▼ + stars: | 2023-09-07 | by ( Byron Kaye | ) www.reuters.com time to read: +10 min

Dozens of campaigners who built substantial audiences during the COVID era by opposing Australia's pandemic response have turned their focus to undermining the Oct. 14 referendum, analysis of social media posts by independent fact-checkers shows. The direct link between COVID agitators and misinformation about the Voice has not been previously reported in detail. Polls show support for the Voice has slumped from about two-thirds in April to less than 40% this month. Not one X post containing electoral misinformation was marked or taken down in the monitoring period, before or after being reported, Reset.Tech said. "Many of the accounts pushing electoral misinformation narratives turned to a style of anti-lockdown politics during the pandemic," said Reset.Tech Australia executive director Alice Dawkins.

Persons: William Bay, Hitler, Bay, Reset.Tech, Elon Musk, Alice Dawkins, Ella Woods, Joyce, Evan Ekin, Smyth, Donald Trump, Luke Howarth, Covid, David Heilpern, Graham Hood, Pauline Hanson, Tristan Van Rye, Hood, Hanson, Van Rye, Ed Coper, Rosita Diaz, Diaz, BILL Australia's, Michelle Rowland, we're, Elise Thomas, Byron Kaye, Praveen Menon, Daniel Flynn, David Crawshaw Organizations: Reuters, REUTERS, Facebook, COVID, Meta, Reset.Tech, U.S, Southern Cross University, Qantas, Aboriginal, Labor, Communications, Advance Australia, Institute for Strategic, Thomson Locations: Brisbane, Australia, BRISBANE, Brisbane's, Reset.Tech Australia, Northern Territory, Canada, U.S, New Zealand, Melbourne

☆ Opinion: The ‘rising superpower’ myth about China
▼ + stars: | 2023-09-07 | by ( Opinion Peter Bergen | Joel Rayburn | ) edition.cnn.com time to read: +12 min

He was the US Special Envoy for Syria and the senior director for Iran, Iraq, Syria and Lebanon on the National Security Council staff during the Trump administration. After that, China’s National Bureau of Statistics said it would suspend publishing youth unemployment data in the future. What does it signify that China’s national power, which today is vast, is almost certain to be weaker in the future? If Xi and his strategists have a feasible plan for nimbly averting China’s demographic doom, they are keeping very quiet about it. This brings us back to the question of national security strategies for the United States and its allies.

Persons: Peter Bergen, Peter Bergen ”, Joel Rayburn, Trump, Biden, Saddam Hussein’s, Lloyd Austin, China’s, Xi Jinping, Stephen Shaver, ”, Ng Han Guan, Xi, China “, ” Trump Organizations: New, Arizona State University, Apple, Spotify, American Center for Levant Studies, New America, US, National Security Council, CNN, Strategy, Pentagon, of Defense, Development Research Center, Communist Party, UPI, Manpower, Census Bureau, National Bureau of Statistics, Financial, China’s Southwestern University of Finance, Economics, Rocky, United Nations, Beijing, Pew Research Center, Communist, Trump administration’s National Security, Twitter, Trump Locations: New America, Syria, Iran, Iraq, Lebanon, Washington, China, United States, Saddam Hussein’s Iraq, al Qaeda, Ukraine, People’s Republic of China, Beijing, India, Yarkent County, China's Xinjiang Uyghur Autonomous Region, Saudi Arabia, USSR, Russia, Russia’s Ukraine, Vietnam, Korea, Italy, Japan, Taiwan, Hong Kong

☆ Japan's Johnny Kitagawa sex abuse scandal forces shake-up at J-pop agency
▼ + stars: | 2023-09-07 | by ( Francis Tang | ) www.reuters.com time to read: +2 min

TOKYO, Sept 7 (Reuters) - The niece of Johnny Kitagawa, the late J-pop magnate at the centre of a sexual abuse scandal that has shocked Japan, said on Thursday that she had stepped down as the head of the talent agency her uncle had founded. As more Japanese media took up the story, lawmakers voiced outrage, while the United Nations' human rights experts also criticised the talent agency for its handling of the allegations. At a press conference televised live by most broadcasters, Kitagawa's niece Julie K. Fujishima said she had stepped down as president on Tuesday. Noriyuki Higashiyama, a former member of the popular 1980s boy-band Shonentai, was the new head of the agency, Fujishima said. But the scandal blew up this year as more victims came forward after the BBC's report, leading to demands for stricter laws to prevent child abuse and a formal apology from the agency.

Persons: Johnny Kitagawa, Kitagawa, Kitagawa's, Julie K, Fujishima, Noriyuki, Higashiyama, Francis Tang, Kantaro Komiya, Kiyoshi Takenaka, Chang, Ran Kim, Simon Cameron, Moore Organizations: BBC, United Nations, Johnny, Associates, Johnny's Juniors, Thomson Locations: TOKYO, Japan, East Asia

☆ Head of Japan's top pop agency resigns after admitting founder Johnny Kitagawa sexually abused minors
▼ + stars: | 2023-09-07 | by ( Jessie Yeung | ) edition.cnn.com time to read: +3 min

CNN —The head of Japan’s top pop agency Johnny & Associates stepped down Thursday after admitting that her uncle, the company’s late founder, had sexually abused minors for years, following months of international scrutiny and an independent investigation. Julie K Fujishima, the niece of Johnny Kitagawa, announced her resignation in a news conference Thursday, saying the company would compensate the victims of her uncle’s abuse, according to public broadcaster NHK. It was the first time the agency has addressed the media about the scandal, according to NHK. He alleged that over the course of four years, beginning in 2012 when he was 15, he was repeatedly sexually assaulted by Kitagawa. In 1999, a Japanese magazine published accounts of other young men and boys who claimed they were sexually abused by Kitagawa.

Persons: Julie K Fujishima, Johnny Kitagawa, Kitagawa, Noriyuki Higashiyama, Higashiyama, “, Jae, Mary Kitagawa, Fujishima, Kauan Okamoto Organizations: CNN, Johnny, NHK, BBC, Johnny & Associates, Associates Locations: Tokyo

☆ Russia keeps jamming Ukrainian drones, forcing their operators to move closer to the front line — and into greater danger
▼ + stars: | 2023-09-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Russia keeps jamming Ukraine's drones and it's making their operators get closer to danger. That's forced Ukraine to shuffle its drone operators, such as first-person-view (FPV) pilots, closer to avoid jamming and counter Russia's own drone operators. In the early months after Russia's full-scale invasion, drone operators could pilot miles from the front, which kept them safer from conflict. Drone operators, who have received extensive training, are indispensable for their side — and high-value targets for enemies. Some of these relatively cheaper drones can have an outsized impact, with some FPV drones taking out high-cost, high-value targets such as Russian T-90 tanks.

Persons: That's Organizations: Service, BBC News, PBS Locations: Russia, Wall, Silicon, Ukrainian, Ukraine

☆ From non-native bluegrass in Antarctica to beautiful spotted bugs in the middle of NYC, here are 5 invasive species that are as stunning as they are threatening to humanity
▼ + stars: | 2023-09-05 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +8 min

Here are 5 of the most obvious examples of how invasive species are impacting all of us right now. Scientists say invasive species are one of the top five drivers of biodiversity loss worldwide (alongside other environmental issues like pollution and climate change). The authors of the new UN report estimate that only about 6% of non-native plants and 11% of non-native microbes are invasive species. AdvertisementAdvertisementHowever, invasive species are an outsized driver of animal and plant extinctions, contributing to over half (60%) of them. Even Antarctica isn't safe from the threat of invaders like a non-native bluegrassPoa annua is an annual bluegrass species native to Eurasia.

Persons: Peter Stoett —, Stoett, we're, Gary Hershorn, Michael M, Joe Biden, Mandel Ngan, Melani Spielman, it's, Dan Kitwood, Wolfgang Kaehler, South America —, Kilian Fichou, Hu Weibin, Anibal Pauchard Organizations: UN, Service, United Nations, Ontario Tech University, Washington Post, Services, East, New, US Department of Agriculture, Getty, Cornell University, South America, Publishing, University of Concepción Locations: New York, Antarctica, New York City, China, New Jersey, Pennsylvania, New York , New Jersey , Michigan, Ohio, Inwood, Park, Maui, Marine, AFP, Waimea Valley, Africa, Hawaii, Somoria, Guinea, South America, Brazil, Kenya, Bangladesh, Florida, South, Europe, Lakes, Lake Ontario, Canada, Great, North America, Michigan, Eurasia, Chile

☆ If you're an American eating beef this weekend, there's a good chance you're a man or age 50 to 65
▼ + stars: | 2023-09-03 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Just 12% of Americans are eating half of all the beef consumed in the US in a day, a study found. There's a good chance beef is on the menu, especially for men or people ages 50 to 65. Beef produces an estimated 8 to 10 times more emissions than chicken, and 50 times more than beans. "Beef is an environmentally extravagant protein," Rose said. There's a way to cut back on beef in all of those dishes if you're concerned about your health or the environment."

Persons: Diego Rose, Rose, Erin McDowell Organizations: Service, Labor, Center for Biological, Tulane University School of Public Health, Tropical Medicine, Agriculture Locations: Argentina

☆ AOC says the US should apologize for its history of interventions in Latin America: 'It's very hard for us to move forward when there is this huge elephant in the room'
▼ + stars: | 2023-09-03 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Rep. Ocasio-Cortez said the US has to reckon with its history of interventions in Latin America. "I believe that we owe Chile, and not just Chile but many aspects of that region, an apology," Ocasio-Cortez told the publication. "I don't think that apology indicates weakness; I think it indicates a desire to meet our hemispheric partners with respect." "It's very hard for us to move forward when there is this huge elephant in the room and a lack of trust due to that elephant in the room," she continued. "Latin America, I believe, due to its proximity, was absolutely unique in US interventionism during the cold war, and that was under [secretary of state] Henry Kissinger and President Nixon," the congresswoman said.

Persons: Cortez, Alexandria Ocasio, New York Democrat —, Salvador Allende, —, Jacobo Árbenz, João Goulart, Fidel Castro, Castro, Henry Kissinger, Nixon, Augusto Pinochet, We're Organizations: Guardian, Service, New York Democrat, US, Operation Condor Locations: Latin America, Wall, Silicon, Alexandria, Chile, Cuban, Cuba, America, United States, Brazil, Colombia

The logos of Swiss bank Credit Suisse and UBS are seen in Geneva, Switzerland, June 7, 2023. The powerful central bank, Swiss National Bank (SNB), said it disagreed with some of the suggestions, including on liquidity and on how the authorities work. It will change the landscape of banking in Switzerland, where branches of Credit Suisse and UBS are dotted everywhere, sometimes just metres apart. "(The) rescue of Credit Suisse isn't a perfect success but it's not a story of policy failure either. During the global financial crash of 2008, it was UBS, not Credit Suisse, that needed a state rescue.

Persons: Denis Balibouse, FINMA, Beat Wittmann, Nicolas Veron, it's, Oliver Hirt, John O'Donnell, Susan Fenton Organizations: Credit Suisse, UBS, REUTERS, Rights, UBS Group, Swiss, Swiss National Bank, –, Suisse, Social Democrat, Porta Advisors, Peterson Institute for International Economics, Thomson Locations: Geneva, Switzerland, Rights BERN, Swiss, Washington, Zurich

☆ Russia and Ukraine are fighting the kind of drone war the US military has been worrying about, and it's scrambling to prepare for a future that's already here
▼ + stars: | 2023-08-31 | by ( Christopher Woody | Jake Epstein | ) www.businessinsider.com time to read: +14 min

The scale of the drone war in Ukraine is one of the most striking features of the conflict. "ISIS figured out how to arm their drones and attack us either with 'kamikaze' explosive-laden drones or drones that dropped" modified munitions, Townsend said. Soldiers with the 5th Battalion, 4th Air Defense Artillery Regiment train on an Avenger air-defense system in in July. In 2018, the Army reactivated the 5th Battalion, 4th Air Defense Artillery Regiment, returning a short-range-air-defense capability to Europe. AdvertisementAdvertisement"The war is showing how much [drones are] here and are affecting the war every day.

Persons: Ukraine isn't, Mara Karlin, wasn't, Karlin, that's, John Moore, Stephen Townsend, Townsend, Frank McKenzie, MAHMOUD TAHA, I've, Syria —, Richard Clarke, Clarke, Tom Karako, " McKenzie, McKenzie, Maj, Sean Gainey, Gainey, FADEL SENNA, Douglas Bush, Bush, they've, Col, Michael Parent, Narciso Contreras, Parent Organizations: Pentagon, Service, Defense Writers, US Marine, US Army, US Africa Command, ISIS, Getty, Army, US Special, Command, Aspen Security Conference, Missile Defense, Center for Strategic, International Studies, Patriot, —, US Air Force, Congressional Research Service, 5th Battalion, 4th Air Defense Artillery Regiment, Spc, Yesenia, Asymmetric Warfare Group, Battalion, Stryker, Washington DC, Marine Corps, US Army Yuma, US, Anadolu Agency, Pacific . The Defense Department Locations: Ukraine, Wall, Silicon, Armenia, Azerbaijan, Afghanistan, Iraq, Mosul, Syria, Homs, Europe, Washington, Russian, Kyiv, Russia, Lviv Oblast, China, Pacific

CNN —In an urgent appeal to wealthy Republicans who had assembled in Milwaukee ahead of the first GOP presidential primary debate, top brass for the super PAC backing Florida Gov. Ron DeSantis told donors they needed an injection of $50 million over the next four months, according to leaked audio obtained by CNN. The tension spilled into the open just days before the Milwaukee event, when the super PAC released a memo with debate pointers for DeSantis. The pitch appeared structured to convince donors the super PAC had a plan for their dollars if they would open up their pocketbooks. Many Republican strategists and campaign veterans have questioned the arrangement between DeSantis’ campaign and the super PAC, pointing to the limitations of running a political operation from the outside.

Persons: Ron DeSantis, “, ”, Chris Jankowski, DeSantis, I’m, Jankowski, Kristin Davison, Jeff Roe, Trump, Casey DeSantis, ” Roe, –, Roy Bailey, Davison, ’, Robert Bigelow, Roe, Donald Trump, “ Donald Trump, ” Davison, we’re, Puerto, “ Trump, ” —, —, Casey, ” Jankowski, We’ve Organizations: CNN, PAC, Florida Gov, DeSantis, Dallas, Trump, Reuters, Labor, GOP, White, US House, Puerto Rico’s, Super, ”, ” Navy, JAG, Republican, Federal, Commission, Campaign Locations: Milwaukee, Iowa, Florida, DeSantis, Nevada, New Hampshire, Puerto Rico, Georgia

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