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☆ The Bump Stock Ban Stemmed From a Horrific Mass Shooting
▼ + stars: | 2024-06-14 | by ( Nicholas Bogel-Burroughs | Jack Healy | ) www.nytimes.com time to read: +1 min

The ban on bump stocks overturned by the Supreme Court on Friday was a rarity in an era of deep division over gun violence: a restriction that won support from Democrats, Republicans and even the National Rifle Association. Bump stocks are attachments that allow a semiautomatic rifle to fire faster. The effort to limit them, which former President Donald J. Trump put in place by executive order in 2018, gained support after a gunman killed 60 people at a concert in Las Vegas. What happened in Las Vegas? The gunman killed 58 people and himself that night.

Persons: Donald J, Trump Organizations: Republicans, National Rifle Association Locations: Las Vegas, Mandalay

☆ Solar storm hits Mars, creating planet-engulfing auroras, NASA says
▼ + stars: | 2024-06-14 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —When the sun unleashed an extreme solar storm and hit Mars in May, it engulfed the red planet with auroras and an influx of charged particles and radiation, according to NASA. Solar radiation hits MarsThe most extreme storm occurred on May 20 after an X12 flare released from the sun, according to data collected by the Solar Orbiter spacecraft currently studying the sun. The Curiosity rover, currently exploring Gale Crater just south of the Martian equator, took black-and-white images using its navigation cameras during the solar storm. But Mars lost its magnetic field billions of years ago, which means the planet has no shield from incoming energized solar particles. By tracing the data from multiple Martian missions, scientists were able to watch how the solar storm unfolded.

Persons: Gale, “, ”, Don Hassler, ” Auroras, Mars, Deborah Padgett, MAVEN, Christina Lee Organizations: CNN, NASA, Solar Orbiter, Goddard Space Flight, Mars, Caltech, JPL, Southwest Research, Exploration, Jet Propulsion Laboratory, University of California, Space Sciences Laboratory Locations: Northern California, Alabama, Greenbelt , Maryland, Boulder , Colorado, Pasadena , California

☆ Britain's Labour Party pledges 'wealth creation' as it targets landslide election victory
▼ + stars: | 2024-06-13 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Labour Party leader Sir Keir Starmer speaks during the launch of Labour's general election manifesto on June 13, 2024 in Manchester, United Kingdom. LONDON — Britain's left-leaning Labour Party, considered the front-runner in the upcoming national election, on Thursday said it would be "pro-business" and prioritize "wealth creation" as it released its manifesto. "Economic growth and social justice must go hand in hand," Labour leader Keir Starmer said at a launch event in Manchester, England, calling it a "manifesto for wealth creation, a plan to change Britain." Labour policies are "fully costed," Starmer said, adding, "You can't play fast and loose with the public finances." The Conservatives argue Labour lacks a clear plan for the nation and will raise taxes on working families.

Persons: Sir Keir Starmer, Britain's, Keir Starmer, Starmer, Angela Rayner, Rayner Organizations: Labour Party, Labour, National Health Service, Conservative Party Locations: Manchester, United Kingdom, England, Palestinian, Israel

☆ Transgender swimmer Lia Thomas loses challenge barring her from elite women’s swimming races
▼ + stars: | 2024-06-13 | by ( Lauren Merola | ) www.nytimes.com time to read: +3 min

Transgender swimmer Lia Thomas lost her challenge against the Court of Arbitration of Sport in Switzerland — the world’s top court in matters of sporting fairness — to overturn the rules of World Aquatics that prevent transgender women from competing in women’s divisions. The ruling excludes transgender women who underwent male puberty, like Thomas, from participating in women’s races. By 2021, Thomas met the NCAA hormone therapy requirements to swim on Penn’s women’s team and did so for the 2020-21 and 2021-22 seasons. Thomas called the CAS decision “deeply disappointing” in a statement from her legal team, according to Athlete Ally. Last year, the governing bodies for track and field as well as cycling ruled that transgender women could not compete in women’s events.

Persons: Lia Thomas, Thomas, Thomas ’, Ally, ”, Austin Killips, Mike Comer Organizations: Aquatics, University of Pennsylvania, NCAA, Cycling Union Locations: Switzerland, Berlin, Toronto

☆ Oracle execs share plans about exiting the ad business in leaked audio
▼ + stars: | 2024-06-13 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +1 min

Oracle plans to phase out its advertising business, with no "catch-all date" for the transition. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOracle executives in an internal meeting said much remains to be decided about its plans to shutter its advertising business, according to audio reviewed by Business Insider. Oracle this week disclosed plans to wind down the business, which brought in just $300 million in the most recent fiscal year, down from $2 billion in 2022. This story is available exclusively to Business Insider subscribers.

Persons: —, Larry Ellison's Organizations: Oracle, Meta, Service, Business

☆ Giant Loophole May Protect Trump Liquor Licenses Despite His Felonies
▼ + stars: | 2024-06-13 | by ( Laura Italiano | Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +5 min

New Jersey officials revealed this week that they are looking at the licenses at his three golf courses there. AdvertisementThese states prohibit felons or people convicted of "moral" offenses such as fraud from holding a liquor license. Say Trump is landlord to the bar operators at one of these properties, and it's the bar operators who hold the liquor license, Pierce said. If Trump is charging the bar a flat rent, his felony status won't impact that liquor license. Trump would still have options, though, even if his hush-money conviction voided one or more of his liquor licenses.

Persons: —, Donald Trump, William Fay, Fay, he's, Aaron H, Pierce, Trump, Kwok Organizations: Service, Trump, New, New Jersey Attorney, Business, ABC Locations: ., Jersey, Colts Neck, Bedminster, Pine Hill, New Jersey, New Jersey , New York , Florida, California, United States, Manhattan, New York

☆ Tucker Carlson is going on tour. Ticketmaster is profiting off his hateful rhetoric
▼ + stars: | 2024-06-13 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Ticketmaster is linking arms with right-wing extremists, boosting their ability to reach mainstream audiences and profiting off their dangerous and hateful rhetoric ahead of the November election. That is because there is not a morsel of truth to how Ticketmaster is presenting Carlson to its customers. How can any decent person not only participate in enabling Carlson’s poisoning of the public discourse but also justify profiting off of his hateful rhetoric in the process? CNN also posed questions to the venues hosting Carlson, which include the Honda Center, T-Mobile Center, Delta Center, Dickies Arena, Intrust Bank Arena and others. Those uncomfortable decisions risk catapulting them squarely into the center of the information wars, where grifters like Carlson thrive.

Persons: Tucker Carlson, Alex Jones, Marjorie Taylor Greene, Carlson, ”, Donald Trump’s, White supremacists, George Soros, Rupert Murdoch, Jones, Infowars, Anthony Fauci, Trump Organizations: New York CNN, Ticketmaster, Trump, Democratic Party, New York Times, Fox News, Live Nation, CNN, Carlson, Honda Center, Mobile Center, Delta Center, Dickies, Intrust Bank, Republican Party, Companies, Republicans Locations: New York, U.S

☆ Sony Pictures is buying Alamo Drafthouse theater chain
▼ + stars: | 2024-06-12 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the company announced Wednesday. Alamo Drafthouse CEO Michael Kustermann will remain at the helm of the dine-in movie theater chain and will report to Ravi Ahuja, president and CEO of the newly formed Sony Pictures Experiences division. The company's 35 cinemas will continue to be operated by Alamo Drafthouse and its headquarters will remain in Austin, Texas. The acquisition comes after Alamo Drafthouse filed for Chapter 11 bankruptcy protection in 2021 due to Covid-19 pandemic disruptions. "We are excited to make history with Sony Pictures Entertainment and have found the right home and partner for Alamo Drafthouse Cinema," said Kustermann.

Persons: Walter Reade, Michael Kustermann, Ravi Ahuja, Alamo Drafthouse, Ahuja, Tim League Organizations: Sony Pictures, Alamo, Department, Paramount, Warner Bros, Century Fox, MGM, Universal, United Artists, Columbia Pictures, Sony, Walter Reade Organization, Lowes, Disney, El Capitan Theatre, Netflix, Egyptian, New York's, Altamont Capital Partners, Fortress Investment Group, Sony Pictures Entertainment Locations: North America, Columbia, New York's Paris, Austin , Texas, Texas

☆ Where’s inflation really heading? Traders and economists are using this real-time inflation gauge to get ahead of the curve
▼ + stars: | 2024-06-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

The inflation rate the government arrives at also impacts how much you receive in Social Security benefits and likely is a factor in determining your pay. The government also has a much longer history of producing inflation reports with extremely thorough standards. Like PCE and CPI, Truflation assigns relative importance values to categories to mirror how an average consumer’s income is allocated. That’s why small increases in the cost of housing can end up having big impacts on the overall inflation rate. How Truflation data is being usedWall Street traders were the first group drawn to Truflation, Rust said.

Persons: Truflation, Hilton, Stefan Rust, Rust, “, ” Danielle DiMartino Booth, Richard Fisher, Booth Organizations: New, New York CNN, Index, Federal, Social Security, PCE, CPI, Amazon, Walmart, Nielsen, Bureau of Labor Statistics, Labor Department, CNN, Dallas Fed, QI Research Locations: New York, Zillow

☆ Sony Pictures is buying Alamo Drafthouse
▼ + stars: | 2024-06-12 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Sony Pictures Entertainment has bought dine-in movie theater chain Alamo Drafthouse, the companies announced Wednesday. Sony said in a press release that the movie theater chain will be managed under a new division, Sony Pictures Experiences. While other Hollywood studios have jumped into streaming, Sony Pictures CEO and chairman Tom Rothman has expressed his commitment to movie theaters, according to various trade publications including The Hollywood Reporter. Sony Pictures touted its other spaces in the press release, such as Wonderverse, an immersive entertainment space, in Chicago and a Wheel of Fortune LIVE! Sony acquired Alamo from owners Altamont Capital Partners, Fortress Investment Group and founder Tim League.

Persons: Michael Kustermann, Ravi Ahuja, Tom Rothman, “, Tim League Organizations: New, New York CNN, Sony Pictures Entertainment, Alamo, Business, Sony, Sony Pictures, SPE, Hollywood, Hollywood Reporter, Altamont Capital Partners, Fortress Investment Group, Fest Locations: New York, Austin , Texas, Chicago

☆ Why 4 new bird flu developments have experts worried about the virus
▼ + stars: | 2024-06-12 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

Read previewBird flu is flying wild, and it has many infectious disease experts more worried now than ever. The H5N1 avian influenza virus has killed tens of millions of birds across the planet and more than 40,000 sea lions and seals. Most people seem to have very little chance, if any, of catching H5N1 avian influenza right now. Jim Vondruska/ReutersBut infectious disease experts are increasingly concerned that the H5N1 virus could make a sustained jump into humans and start spreading among us. This virus is a leading candidate for the next pandemic, and four developments in the past month have experts worried.

Persons: —, Jim Vondruska, That's, Dr, Monica Gandhi, Bird, WHO —, Christopher Dye, Dye, David L, Ryan, Gandhi, Tayfun, Rick Bright, Cynthia Goldsmith, Jackie Katz, Richard Webby, Jude, Talita, Lima Freitas, Amanda Perobelli, Marko Geber, Terry Chea, they've Organizations: Service, CDC, Business, Global Medicine, University of California, Health Organization, WHO, University of Oxford, Boston Globe, Getty, US Department of Agriculture, Anadolu Agency, The Telegraph, Biomedical, Research, Development Authority, AP, Centre, Studies, Reference Laboratory, World Organization for Animal Health, Vaccines, University of Pennsylvania Locations: Luz, Monee , Illinois, San Francisco, Australia, Kolkata, India, New Mexico, New York, St, Michigan, Campinas, Brazil

☆ With signs of an M&A comeback, Goldman Sachs' bankers are raring to win. Do they still have what it takes following a raft of partner exits?
▼ + stars: | 2024-06-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +13 min

AdvertisementDavid Solomon Goldman SachsPressure-cooker cultureWith signs suggesting mergers and acquisitions could soon return — including the megadeals Goldman specializes in — the firm's dealmakers are itching to end 2024 on a high note. In M&A, Goldman has fallen to No. AdvertisementMark Sorrell Goldman SachsGoldman is also seeking to become more interconnected across its business lines via the One Goldman Sachs program. "They figure that if they're talking to one person at Goldman Sachs, they're talking to everybody." The result, bankers said, is an M&A machine built to withstand threats like star dealmakers leaving for more-nimble rivals.

Persons: —, Goldman Sachs, Bill Quinn, Goldman, Jacki Zehner, Rishi Bali, Hank Paulson, John Thornton, John Thain, David Solomon, Solomon, Dan Dees, What's, David Solomon Goldman Sachs, Gene Sykes, Alison, It's, LSEG, dealmaking, Goldman dealmakers, Momo Takahashi, We've, Mark Sorrell, Mark Sorrell Goldman Sachs Goldman, Sykes, they're, Sorrell, Dees, it's, Dan Dees Goldman Sachs, we're, John Waldron, Kim Posnett, that's, Timothy Ingrassia, Ingrassia, Stephan Feldgoise, I'm, Reed Alexander Organizations: Service, Business, Goldman, JPMorgan, playbook Bank, Wall Street, Competition, & $ Locations: Silicon Valley, London, New York City, Latin America

☆ Transgender swimmer Lia Thomas loses challenge of rules barring her from elite women’s races
▼ + stars: | 2024-06-12 | by ( Steve Almasy | Wayne Sterling | ) edition.cnn.com time to read: +3 min

Thomas, 25, had in January filed legal paperwork against World Aquatics, swimming’s governing body based in Switzerland, for its policy that restricts transgender athletes from competing in most elite women’s aquatics competitions. It also said national federations don’t have the authority to modify the application of a world governing body’s rules. Rich von Biberstein/Icon Sportswire/AP/FileA few months later World Aquatics ratified its updated gender policy, which went into effect in March 2023, according to the 24-page arbitral award. USA Swimming is the national governing body for swimmers and a member of World Aquatics. In May 2022, Thomas told ABC’s Juju Chang, “It’s been a goal of mine to just swim at an Olympic trials for a very long time and I would love to see that through.”

Persons: Lia Thomas, Thomas ’, Thomas, Rich von Biberstein, ABC’s Juju Chang, “ It’s, ” Organizations: CNN, Sport, Aquatics, don’t, University of Pennsylvania, NCAA Locations: Switzerland, Berlin

☆ Ukraine struck Russian air defenses in Crimea with a barrage of US-supplied ATACMS, reports say
▼ + stars: | 2024-06-12 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Ukraine used at least 10 US-supplied ATACMS to hit Russian air defenses in Crimea, per reports. Ukraine's Army General Staff said it hit an S-400 "Triumf" and two S-300 air-defense missile systems. This would be one of the first strikes Ukraine launched against Crimea using the US-supplied weapons. AdvertisementUkraine used at least 10 US-supplied Army Tactical Missile Systems, known as ATACMS, to hit Russian air defenses in Crimea on Monday, according to reports. Ten missiles hit the 31st Air Defense Division of the Russian Defense Ministry in occupied Crimea, Russian independent Telegram channel Astra reported on Monday, citing unnamed sources.

Persons: — Organizations: Ukraine's Army, Staff, Service, Army Tactical Missile Systems, 31st Air Defense Division, Russian Defense Ministry, Telegram, Astra, Business Locations: Ukraine, Crimea, Russian

☆ Fed meeting and inflation report both hit Wednesday, and the impact could be huge
▼ + stars: | 2024-06-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Jerome Powell, Chairman of the U.S. Federal Reserve, speaks during the conference celebrating the Centennial of the Division of Research and Statistics, Board of Governors of the Federal Reserve System in Washington D.C., United States on November 08, 2023. None of those numbers are dramatically different from the April readings, and still show inflation running well above the Fed's 2% target. Central bankers prefer the Commerce Department's measure of personal consumption expenditures prices, a broader measure that also accounts for changes in consumer behavior. The Bureau of Labor Statistics is scheduled to release the CPI report at 8:30 a.m. The Fed meeting

Persons: Jerome Powell, Celal Gunes, Jonathan Pingle, Pingle, tinker, Jack Janasiewicz, —, Janasiewicz Organizations: U.S . Federal Reserve, of Research, Statistics, Governors, Federal, System, Washington D.C, Getty, Anadolu, Federal Reserve, UBS, CPI, Investment, Labor Statistics Locations: Washington, United States, Anadolu

☆ Caitlin Clark: The reasons for and against the WNBA star’s exclusion from the Team USA Olympic roster
▼ + stars: | 2024-06-11 | by ( Matias Grez | ) edition.cnn.com time to read: +10 min

CNN —USA Basketball’s decision to omit Caitlin Clark from the Olympic roster was initially met with some shock. However, USA Basketball has made a “terrible decision,” according to CNN Sport analyst Christine Brennan, by omitting a phenomenon like Clark from the roster. Breanna Stewart, a two-time WNBA champion, Brittney Griner, a nine-time All Star and A’ja Wilson, a two-time MVP, have all represented Team USA at an Olympic Games before. “She’s the biggest thing in sports, not just women’s basketball in the United States,” Brennan said of why Clark should be included. With or without Clark, Team USA is the overwhelming favorite to win gold in Paris and continue its unbeaten Olympic record stretching back to 1992.

Persons: Caitlin Clark, Clark, wasn’t, ”, Christine Brennan, She’s, ” Clark, Brian Spurlock, I’m, Alyssa Thomas’s, Diana Taurasi’s, Breanna Stewart, Brittney, A’ja Wilson, Greg Fiume, Sabrina Ionescu, Jackie Young, Stewart, Betnijah Laney, it’s “, “ I’ve, “, that’s, ” Brennan, Caitlin, Don Riddell, Brennan, Gregory Shamus, Diana Taurasi, Diana, ’, ” Stewart, Taurasi, Paige Bueckers, USA, Jennifer Rizzotti, she’s, Jayne Kamin, There’ll, Rebecca Lobo, Candace Parker, –, Christian Laettner, women’s Organizations: CNN, USA, WNBA, CNN Sport, Chicago Sky, Indiana Fever, Indiana, Team USA, Olympic, Getty, NCAA, Hamilton, Fever, Basketball, “, Iowa, Sports, Reuters, USA Basketball, Team USA’s, NBA Locations: Paris, …, Iowa, Long, men’s, United, United States, Clark, America, Africa, Europe

☆ Microsoft is considering a big new software bundle as it works out how to charge for AI, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

The plan focuses on Microsoft 365, a popular suite of productivity software used by thousands of businesses. This is a big risk for the company because Microsoft 365 has been an important source of revenue and growth, even without fancy new AI capabilities. The problem was that Microsoft salespeople started to pitch E5 as the last business software suite that customers would need to buy. AdvertisementA "spiritual successor"The generative AI boom, and Microsoft's early lead here, have increased the chances that a new 365 bundle will emerge soon. Microsoft has new AI tools that it can integrate with 365 and use that to persuade customers to upgrade their software bundle.

Persons: —, Satya Nadella, Jared Spataro's, Microsoft salespeople, it's, Slack Organizations: Service, Microsoft, Business, Microsoft's Productivity, Processes, Sharepoint, European Commission, EU Locations: Capex

☆ Microsoft is considering an AI revamp of its 365 software bundles, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

☆ Tesla appears to be ramping up hiring again
▼ + stars: | 2024-06-11 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Read previewTesla appears to be ramping up hiring again, nearly two months after Elon Musk kicked off mass layoffs. Tesla then posted over a dozen jobs in the company's autopilot division in late May. Now, however, Tesla appears to have expanded its hiring to cover a variety of roles, with over 60 positions in the US and Canada advertised on the company's website. Advertisement"It sounds like an existing Tesla team from a different department has been inserted to manage the charging division," said Pinter, who added that it was unclear if this move was temporary or permanent. Tesla also lists positions for its internship programs, with roles in vehicle servicing and mechanical design, for example, advertised for the summer and fall of 2024.

Persons: —, Tesla, Elon Musk, Electrek, Musk, Andres Pinter, Pinter Organizations: Service, Elon, North America, Business, Bloomberg, Solutions Locations: Canada, Corpus Christi , Texas

☆ Inside the Goldman Sachs' 2024 summer internship: From the first-day jitters to David Solomon's words of wisdom
▼ + stars: | 2024-06-11 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

It was Monday, June 10, the first day of Goldman Sachs' 2024 summer internships at its Manhattan headquarters. Goldman Sachs received a record 315,126 applications for its 2024 internship program, up severalfold from the 53,107 applications it received a decade ago. Goldman interns mingle Emmalyse BrownsteinDay 1 began with basics like how to access their Goldman email account and log into their company dashboards. For lunch, the bank served sandwiches and wraps and displayed chocolate-covered cookies emblazoned with the Goldman Sachs logo for dessert. See Solomon's full letter to interns below:AdvertisementJune 11, 2024 Welcome to Goldman Sachs On behalf of our people around the world, welcome to Goldman Sachs.

Persons: Goldman, Goldman Sachs, David Solomon, Chocolate, JPMorgan Chase, Emmalyse, Solomon, Will Bousquette, Jean Altier, Lou D'Ambrosio, Dan Dees, David Organizations: Service, Business, tote, JPMorgan, Goldman, BI, Invest Locations: Manhattan, New York City, New York, Dallas, San Francisco, Palm, bagels, Hudson

☆ Roaring Kitty is setting up 'a perfect defense' for market manipulation: Former SEC senior counsel
▼ + stars: | 2024-06-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoaring Kitty is setting up 'a perfect defense' for market manipulation: Former SEC senior counselFerdose al-Taie, former SEC enforcement division senior counsel, joins 'Squawk Box' to discuss the fallout from Roaring Kitty's livestream, what regulators may be looking at when it comes to trades in GameStop shares, and more.

Persons: Ferdose Organizations: SEC, GameStop

☆ We might have Microsoft to thank for Apple seeing the light on AI
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Microsoft's GitHub Copilot is partly responsible for bringing a focus on generative AI to Apple, a report says. Apple's senior vice president of software engineering became a "convert" after trying it, per The Wall Street Journal. Apple execs were also impressed by ChatGPT and subsequently wanted to upgrade Siri, The New York Times previously reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Apple exec was inspired to drive a focus on generative AI in his division after using one such tool from the competition, a new report says.

Persons: Microsoft's, Apple's, Apple execs, ChatGPT, Siri, —, Craig Federighi, GitHub Organizations: Apple, Street, The New York Times, Service, Wall, Microsoft, Business Locations: The

☆ France’s Macron bets big and stares down the far right
▼ + stars: | 2024-06-10 | by ( Saskya Vandoorne | Joseph Ataman | ) edition.cnn.com time to read: +8 min

When Jordan Bardella, the leader of the far-right National Rally party, called on Macron to dissolve the French national parliament on Sunday night, it seemed like political posturing, riding high on his victory in European polls. Calling the far right’s bluffMacron will try to rally the right and left, urging their supporters to come together and vote against the far right, but there’s no knowing if it’ll pay off. The last time a French president dissolved the country’s lower house, the National Assembly, was in 1997. French far-right leader Marine Le Pen arrives at the National Rally party headquarters on Monday, June 10, 2024 in Paris. This could see voters of different stripes banding together to oppose a candidate from the far right.

Persons: parry, Emmanuel Macron, Jordan Bardella, ”, Macron, Jacques Chirac, Stephane Séjourné, Séjourné, ” Manon Aubry, Jean, Luc Mélenchon, Marine Le Pen, Thomas Padilla, Le Pen, Pen, Bruno Le Maire, Hannah McKay, he’ll, It’ll, ” Macron, Bardella, Yaël Braun Organizations: Paris CNN, National Assembly, French, Radio France, France, National Rally, French Finance, National, RTL, Getty, Macron’s, “ Locations: France, Republic, Macron, Gaza, Paris, Europe, Macron’s, Le Touquet

☆ Americans tired of sky-high borrowing costs will be disappointed this week
▼ + stars: | 2024-06-10 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Another month, another hot jobs report that has Wall Street wondering when the Federal Reserve will finally cut interest rates. On the other, it puts long-awaited interest rate cuts from the Federal Reserve on the back burner. Before the Bell: Do you think the Fed could lower its projection for three quarter-point rate cuts this year? Is it concerning that the European Central Bank and Bank of Canada have begun cutting rates before the Fed? A Samsung spokesperson told CNN that, “there is no impact on production and management activities” as a result of the one-day walkout.

Persons: Bell, Nate Thooft, I’m, that’s, Yoonjung Seo, —, Son Woomok, Matt Egan, Lina Khan, Beam, Robinson Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Manulife Investment Management, Reserve, European Central Bank, Bank of Canada, European Central Bank and Bank of Canada, Workers, Samsung Electronics, Nationwide Samsung Electronics Union, CNN, Reuters, Samsung, SK Hynix, Micron Technology, Federal Trade Commission, Southern, Biden, FTC, Politico Locations: New York, South Korea, Miami, United States

☆ What Are Trump’s Chances on Appeal? Not Good. - The New York Times
▼ + stars: | 2024-06-10 | by ( Roger L. Stavis | ) www.nytimes.com time to read: +1 min

Donald Trump has vowed to appeal his conviction on 34 counts of falsifying business records. Some on the right have argued that the trial was a “target-rich environment” for an appeal. Others have said that the U.S. Supreme Court should “step in” and provide relief to Mr. Trump. The burning question now is, could his conviction be reversed on appeal? My answer is, the chances of that are not good.

Persons: Donald Trump, Trump, I’ve Organizations: U.S, Supreme, Trump —, Appellate, First Department Locations: New York

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