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☆ After Delay, Top Democrats in Congress Sign Off on Sale of F-15 Jets to Israel
▼ + stars: | 2024-06-18 | by ( Robert Jimison | ) www.nytimes.com time to read: +1 min

A Biden administration plan to sell $18 billion worth of F-15 fighter jets to Israel is moving forward after two top Democratic holdouts in Congress signed off on the deal, according to multiple people familiar with the sale. Representative Gregory W. Meeks of New York, the top Democrat on the Foreign Affairs Committee, who had publicly opposed the transfer by citing Israel’s tactics during its campaign in Gaza, has lifted his hold on the deal, one of the largest U.S. arms sales to Israel in years. Mr. Meeks said that the sale would take years to deliver and that he supported the Biden administration’s plans to hold up the sale of other munitions. “I have been in close touch with the White House and National Security Council about this and other arms cases for Israel, and have repeatedly urged the administration to continue pushing Israel to make significant and concrete improvements on all fronts when it comes to humanitarian efforts and limiting civilian casualties,” Mr. Meeks said in a statement. Senator Benjamin L. Cardin, Democrat of Maryland and the chairman of the Foreign Relations Committee, who had delayed signing off but never publicly said he was blocking the deal, also agreed to allow it to go forward, joining top Republicans who had agreed to the plan months ago.

Persons: Biden, Gregory W, Meeks, Mr, Benjamin L, Cardin Organizations: Democratic holdouts, Foreign Affairs Committee, Biden, White House, National Security Council, Democrat, Foreign Relations, Republicans Locations: Israel, New York, Gaza, Maryland

☆ Adobe is having a terrible month
▼ + stars: | 2024-06-18 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

On Monday, the Department of Justice sued, saying Adobe violated consumer protection laws by hiding expensive fees and making it difficult to cancel subscriptions. Regulators said in the complaint that Adobe entices people to "enroll in its default, most lucrative subscription plan without clearly disclosing important plan terms." Earlier this month, the tech giant asked users to sign new terms with language that some thought implied that their content could be reproduced, displayed, or modified by Adobe — a big concern since Adobe is pushing hard into generative AI. AdvertisementThe news even frustrated Adobe employees, who complained internally about the company's poor communication, Business Insider reported last week. "Pretending that this wasn't intentional only makes Adobe and its employees look even more pathetic," said Sasha Yanshin on X. Yanshin said that he canceled his Adobe subscription after many years as a customer.

Persons: —, Maninder, David Wadhwani, Dana Rao, Adobe's, Sasha Yanshin, Yanshin Organizations: Service, Department of Justice, Federal Trade Commission, Business, Regulators, Adobe, DOJ, Prosecutors

☆ Stocks making the biggest moves midday: La-Z-Boy, Rocket Lab USA, NextEra Energy and more
▼ + stars: | 2024-06-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

La-Z-Boy – The stock soared more than 19% after the furniture company topped Wall Street expectations for the fiscal fourth quarter. La-Z-Boy reported adjusted earnings of 95 cents per share on revenue of $554 million. This is above earnings estimates of 70 cents per share on revenue of $516 million, according to analysts polled by LSEG. Rocket Lab USA – Shares of the space company jumped around 9% after it signed a ten-launch deal with Japanese Earth observation company Synspective. Analysts polled by FactSet were expecting 82 cents per share in earnings on $1.7 billion of revenue.

Persons: Canaccord Genuity, Piper Sandler, Lennar, FactSet, Warren, Berkshire Hathaway, Buffett, —, Alex Harring, Michelle Fox, Sarah Min, Yun Li Organizations: LSEG, NextEra Energy, Patterson Companies, Occidental Petroleum –, Semiconductor, VanEck Semiconductor, Micron Technology, Qualcomm, Nvidia Locations: Monday's, Houston

☆ Cristiano Ronaldo breaks another record as Portugal come from behind to stun Czech Republic at Euro 2024
▼ + stars: | 2024-06-18 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Cristiano Ronaldo made history by becoming the first player to feature in six European Championships as Portugal came from behind to beat Czech Republic 2-1 in Leipzig at Euro 2024 on Tuesday. The 39-year-old made his tournament debut back in 2004, when host Portugal was beaten by Greece in the final. Despite Portugal dominating proceedings, it was Czech Republic which scored first, courtesy of Lukáš Provod’s fantastic long-range effort in the 62nd minute. Czech Republic goalkeeper Jindřich Staněk failed to deal with a simple cross and parried it against his own defender, with the ball bouncing off Robin Hranáč into the goal. At 41 and 113 days, defender Pepe became the oldest player to feature at a European Championships.

Persons: CNN — Cristiano Ronaldo, Nassr – Ronaldo, Roberto Martinez, Diogo Jota, Ronaldo, Francisco Conceição, Lukáš, Jindřich Staněk, Robin Hranáč, he’s, Ronaldo wasn’t, Pepe Organizations: CNN, Czech, Saudi, European, Georgia Locations: Portugal, Czech Republic, Leipzig, Greece, Europe’s, Saudi Arabian, Germany, Turkey

☆ Cannacord Genuity's Susan Anderson lays out her bull case for E.l.f. Beauty
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCannacord Genuity's Susan Anderson lays out her bull case for E.l.f. BeautySusan Anderson, Cannacord Genuity analyst, joins 'Power Lunch' to discuss why she's bullish on this makeup company and the beauty sector.

Persons: Susan Anderson, Cannacord

☆ Willie Mays: One of baseball’s most electrifying and complete players has died at 93
▼ + stars: | 2024-06-18 | by ( Wayne Sterling | Kevin Dotson | ) edition.cnn.com time to read: +17 min

AP From left: Monte Irvin, Willie Mays, and Hank Thompson hold bats on their shoulders in Yankee Stadium in 1951. Bettmann Archive/Getty Images Mays, then a physical training instructor at Fort Eustis, Virginia, leads soldiers through a calisthenics session on February 19, 1953. Bettmann Archive/Getty Images Mays plays stick ball with kids in New York's Harlem neighborhood in 1954. Bettmann Archive/Getty Images Mays makes a leaping, one-handed catch off the Los Angeles Dodgers' Duke Snider on August 15, 1954. JR/AP Mays, then of the San Francisco Giants, plays catch with 14-month-old Herbert Henderson, at the home of Henderson's parents, in San Francisco, California on November 14, 1957.

Persons: Willie Mays, Mays, “, Michael Mays, ” Michael Mays, ”, –, Babe Ruth, Hall, Hall of Famer Willie Mays, Robert D, Manfred, ” Manfred, ” Mays, couldn’t, wouldn’t, Negro League ballplayers, Monte Irvin, Hank Thompson, William F, Donegan, Duke Snider, Charles Hoff, Jackie Robinson, Bettmann, Frank Hurley, Joe DiMiaggio, Sid Mercer, Margherite Wendell, AP Mays, Herbert Henderson, Ernest Bennett, Pepe, San Francisco, Willie McCovey, Jon Brenneis, Ed Sullivan, Mel Ott, Hank Aaron, Joan Whitney Payson, Dan Farrell, douse Mays, Paul Sakuma, Monica M, Davey, John G, Mabanglo, San Francisco Giants Barry Bonds, of Famer Willie McCovey, Bonds, Willie, Laura Bush, George W, Bush, Chip Somodevilla, Jeff Gross, Barack Obama, Louis, Pete Souza, Jon Miller, Ezra Shaw, Nicholas Kamm, Gabrielle Lurie, ’ Mays, Vic Wertz, ” San Francisco Mayor London Breed, Breed, ’, Peter Ueberroth, Leo Durocher, ” Obama, “ Willie, Gavin Newsom, ” Newsom, Emma Tucker, Elizabeth Joseph, Taylor Romine Organizations: CNN, of Famer, San Francisco Giants, Giants, Major League Baseball, New York Giants, National League, Hall of Famer, MLB, Negro League statistics, Negro American, Birmingham Black Barons, San Francisco Chronicle, Juneteenth, Negro Leagues, Black Barons, Louis Cardinals, Negro League, Gloves, Bettmann, American, Minneapolis Millers, Minnesota Historical Society, AP, Yankee, The New York Giants, Army, Major League, Los Angeles Dodgers, NY, Mays ' New York Giants, Robinson's Brooklyn Dodgers, Cleveland Indians, Baseball Writers, JR, San, Candlestick Park, CBS, Getty, Astrodome, Mays, Atlanta Braves, New York Mets, Mets, Wrigley Field, Chicago Cubs, National League East, AP Mays, Candlestick, San Fransisco Giants, Park, Willie Mays Plaza, Bell Park, White, Little League's Challenger Division, T, Air Force, London Breed, Hall, Polo, New York, Brooklyn Dodgers, New York Yankees, Franciscan, ” San Francisco Mayor London, of Fame, Baseball Hall of Fame, Baseball Locations: Birmingham , Alabama, Birmingham, American, New York, Omaha , Nebraska, Camp Kilmer , New Jersey, Fort Eustis , Virginia, Phoenix , Arizona, New, Harlem, Mays ', NY, East Elmhurst , New York, San Francisco , California, San Francisco, Candlestick, Houston , Texas, New York City, Chicago , Illinois, AFP, Washington , DC, St, Washington ,, California

☆ Brooke Shields wears yellow Crocs on the Tony Awards’ red carpet
▼ + stars: | 2024-06-18 | by ( Christy Choi | ) edition.cnn.com time to read: +4 min

CNN —Many celebrities will be well-versed in the power of the statement heel to complete a red carpet look, but at the Tony Awards on Sunday night in New York, Brooke Shields stole the spotlight in a statement flat. Even as far back as 2015, actor Alan Cumming sported Crocs to the Emmys with his Vivienne Westwood ensemble. Founded in Boulder, Colorado by three friends in 2002, Crocs were an immediate success when they first hit the market. Alan Cumming attends the 67th Primetime Emmy Awards in a Vivienne Westwood suit and black Crocs. These efforts may be paying off: Crocs reported a record year of earnings in 2023, with total revenue reaching nearly $4 billion dollars.

Persons: Brooke Shields, Monique Lhuillier, “ I’ve, ”, Shields, Calvin Klein, “, Questlove, Chris Pizzello, Justin Bieber, Drew, Alan Cumming, Vivienne Westwood, Crocs, Jason Merritt, Bad Bunny, Balenciaga that’s Organizations: CNN, Associated Press, Broadway, CBS, Getty, Puerto Locations: New York, Chicago, Boulder , Colorado, Puerto Rican

☆ Arda Güler: Teenage sensation scores wonder goal to help Turkey beat Georgia at Euro 2024
▼ + stars: | 2024-06-18 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Teenage soccer sensation Arda Güler, 19, produced a moment of magic to help Turkey beat Georgia 3-1 in an entertaining Group F game at Euro 2024 on Tuesday. The 65th-minute strike sparked frenzied scenes inside the Signal Iduna Park, with thousands of Turkey fans celebrating arguably the goal of the tournament so far. It was a devastating blow for Georgia, though, which is making its debut at a major soccer tournament. Despite being the lowest ranked team at Euro 2024, its players can count themselves unlucky having pushed Turkey all the way in its opening group stage match. But as the rain poured down onto the exhausted players, it was Turkey celebrating at full-time after a breathtaking match came to an end.

Persons: Arda Güler, Müldür, Georges Mikautadze’s, squirmed, excruciatingly, Kerem Aktürkoğlu, Giorgi Mamardashvili Organizations: CNN, Turkey, Georgia, Real Madrid, Dortmund, German Weather Service Locations: Turkey, Georgia, Germany, Dortmund, Düsseldorf, Gelsenkirchen, Cologne, Berlin

☆ Path Is Cleared for One of the Largest U.S. Arms Sales to Israel in Years
▼ + stars: | 2024-06-18 | by ( Robert Jimison | ) www.nytimes.com time to read: +4 min

Mr. Meeks said that the sale would take years to deliver and that he supported the Biden administration’s plans to hold up the sale of other munitions. The department declined to comment on the arms orders, including on whether it would soon give that formal notification. Congressional sign-off on arms sales has almost always been a foregone conclusion when it comes to Israel. “I don’t want the kinds of weapons that Israel has to be utilized, to have more death,” Mr. Meeks said in an interview with CNN in April. Both of the top Republicans on those panels, Senator Jim Risch of Idaho and Representative Michael McCaul of Texas, immediately approved.

Persons: Gregory W, Meeks, Mr, Benjamin L, Cardin, Haiyun Jiang, Biden, ” Mr, “, ”, Jim Risch of, Michael McCaul of, Edward Wong Organizations: Biden, Democratic holdouts, Foreign Affairs Committee, White House, National Security Council, Democrat, Foreign Relations, Republicans, The New York, State Department, Hamas, CNN, The State Department, House Foreign Affairs Committee, Senate Armed Services Committee Locations: Israel, New York, Gaza, Maryland, United States, Jim Risch of Idaho, Michael McCaul of Texas

☆ Blinken confirms US is still pausing a shipment of heavy bombs to Israel as Netanyahu increases pressure on admin
▼ + stars: | 2024-06-18 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

That remains under review,” Blinken said at a news conference at the US State Department. The administration is committed, however, to making sure that “that Israel has what it needs to effectively defend itself,” Blinken said. The announcement of the hold on the weapons shipment was met with mixed reactions, including strong condemnation from Israeli officials and some US lawmakers of both parties. It is unclear what other weapons Netanyahu was referencing. On Tuesday, CNN reported that key Democratic lawmakers had lifted holds on an expected $18 billion sale of F-15 fighter jets to Israel.

Persons: Antony Blinken, Benjamin Netanyahu, Biden, ”, ” Blinken, Joe Biden, Israel, Netanyahu –, Blinken, Netanyahu, “, Israel won’t, CNN’s Michael Conte, Eugenia Yosef, Vasco Cotovio Organizations: CNN, US State Department, Israel, Democratic Locations: Israel, Israeli, Rafah, Gazan

☆ One private equity firm controls more than a dozen of the biggest restaurant chains
▼ + stars: | 2024-06-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

AdvertisementThere's a good chance that just one private equity firm owns one of your favorite restaurant chains. Over the last quarter-century, Roark Capital Group has bought up nearly 20 restaurant brands in the US. Its latest acquisition happened last year when it acquired Subway, which operates the most stores out of any restaurant chain in the US. AdvertisementThe private equity firm also has investments in The Cheesecake Factory, which is publicly traded, as well as midwestern burger chain Culver's. AdvertisementWhile Roark owns a lot of restaurant brands, it's hardly the only private equity player in the industry.

Persons: —, Carl's Jr, Dunkin, Tyler Le, Roark, Jimmy John's, Auntie Anne's, Howard Roark, Ayn, TriArtisan Organizations: Buffalo Wild Wings, Roark Capital Group, Service, Business, Roark Capital, Hooters, TriArtisan Capital, Bay Capital Locations: Subway, Arby's, Carl's, Atlanta, Ayn Rand's, Nestle, Mars

☆ Oppressive heat wave will broil huge swaths of the East with record-breaking temperatures this week
▼ + stars: | 2024-06-17 | by ( Mary Gilbert | Elizabeth Wolfe | ) edition.cnn.com time to read: +3 min

Some areas could endure the longest heat wave they’ve seen in decades, the National Weather Service’s Weather Prediction Center said. Tens of millions of people who aren’t used to heat this intense will be sweating in temperatures well into the 90s this week. Through the rest of the week, the most extreme heat risk is in place from the Great Lakes into the Northeast, according to the National Weather Service. Humidity will also join forces with extreme heat to create triple-digit heat indices – measurements of how hot the human body feels – in some areas. Chicago residents could feel heat indices between 95 and 105 degrees through next week, the NWS in Chicago warned.

Persons: CNN’s Robert Shackelford Organizations: CNN, National Weather Service, Prediction, NWS Locations: South, Midwest, Great, Chicago, St, Louis, Detroit, Cleveland, Pittsburgh , New York City, Boston, Pittsburgh, New York, New England

☆ Meet the newest generation of the Kennedy family, America's most famous political dynasty
▼ + stars: | 2024-06-17 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +2 min

Joe Kennedy III is one of the most prominent modern Kennedys in politics. Joe Kennedy III. Greg Nash-Pool/Getty ImagesJoe Kennedy III, 43, is the grandson of Robert F. Kennedy. Still, he'd go on to serve as a United States representative for Massachusetts from 2013 to 2021 and has held the position of United States Special Envoy for Northern Ireland since 2022. The pair met in a Harvard Law School class taught by Sen. Elizabeth Warren, and they now live in Newton, Massachusetts, with their two young children, CBS reported.

Persons: Joe Kennedy III, Greg Nash, Robert F, Kennedy, Ed Markey, he'd, Donald Trump's, He's, Marjory Stoneman, We're, Lauren Birchfield, Sen, Elizabeth Warren, Matthew Rauch Kennedy Organizations: Stanford University, Harvard Law School, United, Massachusetts, United States, Northern Ireland, Democratic, House Energy, Commerce, Green, NBC Boston, Marjory Stoneman Douglas High School, Harvard, Harvard Law, CBS, CNN Locations: Massachusetts, United States, Northern, Massachusetts's, Parkland , Florida, Newton , Massachusetts

☆ The influencer-marketing strategies that made brands like Adobe and Google Pixel favorites for creators from underrepresented backgrounds to work with
▼ + stars: | 2024-06-17 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

"Influencer marketing is so personal, it's about the creator," Jenkins said. Several industry experts, including creators, have said this is because brands routinely pay creators of color less than their white counterparts on collaborations. AdvertisementSome companies like Pandora, however, have earned reputations among creators of color for fair compensation, prompting them to develop long-term partnerships spanning years. We also give the creator creative latitude whenever we can and let them co-create the concept based on what is authentic to their experience." "We usually know going into a negotiation where it's going to start and where it's going to end up."

Persons: Inclusivity isn't, Nikki Jenkins, She's, it's, Jenkins, Brandon Shi, They've, Google's, Ava Donaldson, Nneya Richards, she's, Donaldson, We're, we're, Pandora, lowballs, Leah Walker, Walker Organizations: Service, Business, Pandora, Adobe, Google, Heritage

☆ John Everett Benson, Who Chiseled John F. Kennedy’s Grave, Dies at 85
▼ + stars: | 2024-06-16 | by ( Penelope Green | ) www.nytimes.com time to read: +1 min

His son Christopher said he died in a hospital but did not specify the cause. Mr. Benson practiced the ancient and exacting art of carving into rock; slate was his preferred medium. He did so, precisely and gorgeously, on cornerstones, gravestones and monuments, as his father had before him, working out of an atelier in Newport called the John Stevens Shop. The art Mr. Benson practiced is mostly devoted to mortality, the brief span of a life, though it is designed for eternity, or something close to it. Mr. Benson could spend a day carving a cross; a gravestone might take three months.

Persons: John Everett Benson, —, Christopher, Benson, John Stevens Organizations: John Stevens Shop Locations: Newport, R.I

☆ The first debate between Biden and Trump won't feature opening statements in what will be a stricter forum compared to 2020
▼ + stars: | 2024-06-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewIn 2020, the first presidential debate between then-President Donald Trump and former Vice President Joe Biden devolved into a political grudge match, filled with insults. Trump largely disregarded the intended format of the debate by constantly interrupting Biden. But the 2024 election debates between Biden and Trump are poised to be much more structured and less chaotic. And microphones will be muted for both Biden and Trump when the opposing candidate is speaking. The debate will also be held just a few weeks before Trump, 78, is due for his sentencing in Manhattan.

Persons: —, Donald Trump, Joe Biden, Trump, Biden, Chris Wallace, Jake Tapper, Dana Bash, Robert F, Kennedy Jr, Stormy Daniels Organizations: Service, Fox News, Business, Biden, CNN, Trump, New York Times, The Times Locations: Atlanta, Arizona , Georgia, Michigan, Wisconsin, North Carolina, Israel, Manhattan

☆ How Carvel’s Fudgie the Whale became a Father’s Day icon
▼ + stars: | 2024-06-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +5 min

New York CNN —Whiskey, steaks and ties are all typical gifts for Father’s Day, but one specifically made for the holiday takes the cake: Fudgie the Whale. Ice cream cakes quickly flew off the shelves, first created in the mid-1950s, and twenty years later he thought of making a cake for Father’s Day. Fudgie helped Father’s Day become Carvel’s busiest day of the year for buying cakes, Salerno said. Fudgie’s popularity extends beyond Father’s Day, Salerno said, popular for other occasions like birthdays and anniversaries, too. The Fudgie family expanded this year with the introduction of Fudgie Pops, which are mini Fudgie cake pops on a stick.

Persons: Father’s, Tom Carvel, Fudgie, Jim Salerno, Carvel, Salerno, ” Salerno, ”, David Henkes, Baskin Robbins, Anne’s, Cookie, “ It’s, Santa Claus, “, It’s, Guy, Kelly Ripa, Kelly, Mark ”, he’s Organizations: New, New York CNN, Father’s, CNN, Dairy, Focus, “, New York Mets ’, Yankees Locations: New York, Father’s, Technomic, East Coast, Santa, Salerno

A man wielding an ax on a street crowded with soccer fans was shot by the police on Sunday in Hamburg, Germany, only hours before the city was to host a game at the European Championship. The man threatened police officers with “a pickax and an incendiary device,” a police spokesman said on Sunday. The incident took place in Hamburg’s entertainment district, a section of the city known as the Reeperbahn that is filled with restaurants and bars. At the time, the area was packed with thousands of fans who had arrived to see the Netherlands play Poland on Sunday afternoon. According to a spokeswoman for the Hamburg police and videos of the incident posted online, the man came out of a small restaurant with a small, double-bladed ax and a firebomb and threatened officers nearby.

Persons: “ Organizations: European, Sunday, Hamburg Locations: Hamburg, Germany, Netherlands, Poland

☆ Man Plotted Mass Shooting in Atlanta to Incite ‘Race War,’ Officials Say
▼ + stars: | 2024-06-16 | by ( Orlando Mayorquín | ) www.nytimes.com time to read: 1 min

An Arizona man who planned to commit a mass shooting at an Atlanta rap concert as a way of inciting a “race war” has been indicted by a federal grand jury on hate crime and firearm charges. The man, Mark Adams Prieto, hatched a plan in several discussions with two people working with the F.B.I. who posed as racist extremists to carry out a mass shooting targeting Black people and other people of color at a concert in Atlanta on May 14 and May 15, the Justice Department said on Tuesday. Mr. Prieto intended for the shooting to incite a “race war” before the presidential election, prosecutors said in a news release. Mr. Prieto, 58, was reported to the authorities last year by an acquaintance who said he had made concerning comments calling for mass shootings targeting Black people and others, according to officials.

Persons: ”, Mark Adams Prieto, Mr, Prieto Organizations: Justice Locations: Arizona, Atlanta

☆ Russia's war in Ukraine began in Crimea. It could end there, too, defense experts say.
▼ + stars: | 2024-06-16 | by ( Cameron Manley | ) www.businessinsider.com time to read: +8 min

Read previewIf there is one place Ukraine is winning in the war against Russia, it's Crimea, experts say. Ukrainians have since referred to the Black Sea peninsula as "occupied Crimea," and Zelenskyy has continually stated that any peace agreement must see it returned to Ukraine. Meanwhile, Ukraine, which lost its traditional naval fleet during the annexation of Crimea, has targeted Russia's Black Sea fleet with great success using sea drones. Ukraine even claimed to have sunk the Black Sea Fleet's flagship, the Moskva. "Crimea allows for power projection over the rest of the Black Sea.

Persons: —, Volodymyr Zelenskyy, Vladimir Putin, Olga Khvostunova, ", Zelenskyy, Elina Beketova, Russia's, VASILY MAXIMOV, Maria Snegovaya, Beketova, Putin, Dmitry Pletenchuk, OLGA MALTSEVA, Catherine the Great, Snegovaya, Alexei Volkov, DVIDS Frederik Mertens, Ukraine's, Budanov Organizations: Service, Business, Eurasia, Foreign Policy Research, Federal Assembly, NATO, Centre for, Fleet, Getty, Center for Strategic, Studies ', Eurasia Program, Black, Ukraine, Security, Anadolu Agency, Directorate of Intelligence, Guardian, UK Ministry of Defence, MoD, Getty Images, National Union of Hospitality Industries, Reuters, Wing Public Affairs, Hague, Strategic Studies Locations: Ukraine, Russia, it's Crimea, Crimea, Sevastopol, Moskva, AFP, Studies ' Europe, Kerch, Ukraine's, Ukrainian, Rostov, Crimean, Russian, Saki

☆ Advisors ‘wary’ of bitcoin ETFs are on a slow adoption journey, says BlackRock exec
▼ + stars: | 2024-06-16 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

The long-awaited bitcoin exchange traded funds launched in January, and financial advisors are on their way – though gradually – toward adopting them, according to BlackRock's Samara Cohen. The iShares Bitcoin Trust (IBIT) was among the funds to debut earlier this year. Responses ranged from bitcoin's notorious price volatility to the flagship cryptocurrency being too nascent to have established a significant track record. "I would call them wary … that's their job," Cohen said of the skeptical financial advisors. "This is an asset class that has had 90% price volatility at times in history, and their job is really to construct portfolios and do the risk analysis and due diligence.

Persons: BlackRock's Samara Cohen, Cohen, … Organizations: Crypto, CNBC, Council Locations: Coinbase State, New York City

☆ Ukraine proves it can target the Russian air force's weakest link
▼ + stars: | 2024-06-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

AdvertisementBut these were pinprick attacks designed to embarrass the Kremlin and demonstrate that nowhere in Russia is safe from Ukrainian attack. The aircraft didn't appear to catch on fire, suggesting the damage wasn't catastrophic, perhaps to be expected from small drones with small warheads. The Akhtubinsk attack suggests that Russian electronic warfare capacity has sufficient breadth to cover the front, but not depth to protect the Russian interior. Much like Russia's vaunted T-14 Armata, the Su-57 has been conspicuous by its absence from the Ukraine war. AdvertisementEven with American-made F-16 fighters arriving soon, Ukraine's air force probably can't drive off Russian jets lobbing glide bombs from 50 miles behind Russian lines, safe behind ground-based air defenses.

Persons: Justin Bronk, Bronk, Su, Michael Peck Organizations: Service, Russian Air Force, Kyiv, Royal United Services Institute, Russian, NATO, West, Stealth, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, British, Ukraine, Ukrainian, Volgograd, Stalingrad, Russian, Forbes

☆ Steve Jobs built Apple using a simple piece of advice from his dad: ‘He loved doing things right’
▼ + stars: | 2024-06-16 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Apple co-founder Steve Jobs' dad Paul taught him how to build a fence around their home in Mountain View, California. The process taught him how to be detail-oriented, a mindset he enforced at Apple, Jobs' biographer Walter Isaacson told CBS's "60 Minutes" in 2011. As Jobs told Isaacson, "He loved doing things right." At Apple, Jobs made sure every detail was of the highest quality, Isaacson wrote in the "Steve Jobs" biography. "Give every f---ing ounce of effort you can; to give the best performance you can give," Johnson wrote in a 2017 Instagram post.

Persons: Steve Jobs, Paul, Jobs, Walter Isaacson, CBS's, You've, Isaacson, Mark Cuban's, Norton, Cuban, wasn't, Dwayne, Johnson, Sara Blakely, Sara Blakely's, CNBC's, Blakely, Goofy, Marc Randolph, Randolph, Tony Hawk, Frank Organizations: Apple, Playboy, CNBC, Disney, Netflix, LinkedIn Locations: Mountain View , California, Pittsburgh, Cuban

☆ 3 easy ways to bring the Blue Zone diet home from Costa Rica's Nicoya Peninsula
▼ + stars: | 2024-06-15 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Costa Rica's Nicoya Peninsula is one of the world's blue zones, where residents live longer. I tried the Costa Rican diet for about two weeks and saw big differences to meals in the US. Here are three ways to bring elements of the Blue Zone diet back home. AdvertisementLast month, as I explored Costa Rica's Pacific coast, I took particular care to visit the Blue Zone of the Nicoya Penninsula. But there are also clear differences in the local diet here compared to both elsewhere in the country and around the world.

Persons: Costa, —, I'd Organizations: Service, Central, Business Locations: Nicoya, Costa Rican, Costa, Pacific, Central American

☆ This one private equity firm owns over a dozen of your favorite restaurants
▼ + stars: | 2024-06-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

AdvertisementThere's a good chance that just one private equity firm owns one of your favorite restaurant chains. Its latest acquisition happened last year when it acquired Subway, which operates the most stores out of any restaurant chain in the US. But Roark's holdings include other restaurants that you've probably visited before:Roark Capital owns almost 20 restaurant brands, from Carl's Jr. to Dunkin'. AdvertisementThe private equity firm also has investments in The Cheesecake Factory, which is publicly traded, as well as midwestern burger chain Culver's. AdvertisementWhile Roark owns a lot of restaurant brands, it's hardly the only private equity player in the industry.

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