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☆ Mike Johnson: Doing ‘the right thing’ may cost the speaker his gavel
▼ + stars: | 2024-04-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —It took less than six months for Speaker Mike Johnson to reach his existential moment. His tiny majority means he can’t afford to lose more than one GOP vote to pass a bill on a party-line vote. But a GOP speaker dependent on Democratic votes will be seen by many Republicans as a tool of the minority party and would be on borrowed time. In this way, those who oppose Ukraine aid on principle could vote against it, allowing Democrats who support it to ensure its passage. These are important responsibilities,” Johnson told Tapper.

Persons: Mike Johnson, Kevin McCarthy, Paul Ryan, John Boehner –, Johnson, ” Johnson, CNN’s Jake Tapper, Marjorie Taylor Greene, Thomas Massie of, Donald Trump’s, Trump, Greene, Chip Roy, Roy, ”, –, CNN’s Manu Raju, ’ Johnson, he’s, Tapper, “, Dan Crenshaw, CNN’s Raju, Johnson “, ” Trump, hasn’t, bankrolling, Dwight Eisenhower, George W, Bush, Vladimir Putin doesn’t, We’re, Putin, Xi, Lloyd Austin, Biden, he’d Organizations: CNN, Louisiana Republican, Republicans, Texas Rep, Democratic, GOP, White, Texas GOP, Lago, Trump, Senate, “, ”, House Defense Locations: Ukraine, Israel, Taiwan, Marjorie Taylor Greene of Georgia, Thomas Massie of Kentucky, Mexico, Kyiv, Washington, Texas, Mar, Trumpism, Europe, Iran, North Korea, British, Jordanian, Russia, Russia’s, United States

☆ Microsoft turns to the Middle East for its latest bet on AI
▼ + stars: | 2024-04-16 | by ( Mark Thompson | Tom Foster | ) edition.cnn.com time to read: +2 min

London CNN —Microsoft will invest $1.5 billion in Abu Dhabi’s G42, an artificial intelligence group that has faced questions over its ties to China. The companies will collaborate on AI and digital infrastructure, in a move that sees Microsoft’s AI empire expand into the Middle East for the first time. G42 and Microsoft say they have committed to comply with US and international trade rules as part of their partnership. Microsoft has forged high-profile partnerships with several AI companies, in an attempt to position itself as a leader in the technology. “It’s all about this new AI era,” Smith told CNN in February.

Persons: Peng Xiao, —, Xiao, Brad Smith, ”, OpenAI, “, ” Smith Organizations: London CNN, Microsoft, Abu, Pegasus, New York Times, CNN, Mistral Locations: Abu Dhabi’s, China, Chinese, Beijing, UAE, United States, Europe, Spain, Germany

☆ How OJ Simpson said he would have murdered Nicole Brown and Ron Goldman — 'if' he did it
▼ + stars: | 2024-04-12 | by ( Anjelica Oswald | Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

In 1995, Simpson was found not guilty of killing his ex-wife Nicole Brown and her friend Ron Goldman. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In 1994, Simpson was arrested and charged after Brown and Goldman were stabbed at her Los Angeles home. In 2006, almost a decade after the civil trial, Simpson announced he would release a book about the murders originally titled "O.J. AdvertisementAfter a bankruptcy court in Florida awarded the rights of the book to the Goldman family, the book was finally published, but with a new name: "If I Did It: Confessions of the Killer."

Persons: O.J, Simpson, Nicole Brown, Ron Goldman, —, Brown, Goldman, Pablo Fenjves, Brown's, Denise Brown, Fred Goldman, Kim Goldman Organizations: Service, O.J, Fox News Locations: Los Angeles, Florida

☆ Visits from Japanese and Filipino leaders highlight Biden’s efforts to blunt China’s aggression
▼ + stars: | 2024-04-09 | by ( Arlette Saenz | Kayla Tausche | ) edition.cnn.com time to read: +12 min

Biden’s week also includes an official visit for Japanese Prime Minister Kishida Fumio, reinforcing his commitment to cultivating partnerships in the Indo-Pacific in the face of China’s rising economic and military power. The historic leaders summit on Thursday between Biden, Kishida and Filipino President Ferdinand Marcos is expected to produce announcements relating to infrastructure, energy security, digital connectivity and maritime security. Meanwhile, Japan has recently loosened restrictions on the export of military technology – paving the way for deeper collaboration with like-minded allies. The first virtual meeting with the four leaders took place in March 2021 with subsequent in-person summits in the years that followed. Biden and his team also have sought to draw in smaller regional neighbors concerned about China’s military and economic aggression.

Persons: Joe Biden, Kishida, Biden, Jake Sullivan, “, Jill Biden, Kishida Yuko, They’re, Ferdinand Marcos, Marcos, ” Sullivan, ”, John Neuffer, ” Biden, ” Rahm Emanuel, Sullivan, zeroed, Japan’s, Yoshihide Suga, Korea’s, Moon Jae, Yoon Suk Yeol, Rodrigo Duterte, Donald Trump, ” Kishida Organizations: Washington CNN, Japanese, CNN, Biden White House, Australia, US Steel, APEC, Washington, Semiconductor Industry Association, Clark Air Base, Subic Naval Base, American, White, Kishida, White House, Pacific, PBS Locations: Japan, Philippines, North Korea, Ukraine, Gaza, India, South Korea, China, Manila, ’, lockstep, Netherlands, Taiwan, Beijing, Thursday’s, US, Australia, South China, South, Russia, Kishida, United States, Tokyo, Seoul, David, United Kingdom, Washington, Vietnam, U.S

☆ CNBC Daily Open: Risk aversion in vogue
▼ + stars: | 2024-04-05 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Hong Kong's Hang Seng Index edged up 0.1%., while mainland China markets remain shut for a public holiday. The Dow Jones Industrial Average closed down Thursday 1.35% at 38,596.98 in its biggest loss since March 2023 and fourth-straight daily loss. The profit guidance for 6.6 trillion Korean won ($4.89 billion) exceeded even LSEG's estimate of 5.24 trillion won.

Persons: Korea's Kospi, Brent, nonfarm payrolls, Dow, Janet Yellen, Yellen, hasn't Organizations: CNBC, Japan, Federal Reserve, Nikkei, West Texas, Dow Jones, U.S . Federal, Treasury, American, of Commerce, Chips, Samsung Electronics, Tech, Apple Locations: Asia, China, China U.S, Guangzhou, California

☆ Wall Street is getting nervous about Tesla
▼ + stars: | 2024-04-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why Wall Street is getting nervous about Tesla . South China Morning PostEarnings season is approaching, and Wall Street's already ringing the alarm on a high-profile company. AdvertisementTesla won't report its full earnings until later this month, but Wall Street is preparing for trouble. One analyst called it a "nightmare" quarter for the company, while another firm labeled Tesla "a growth company with no growth." One strategy is getting more Tesla drivers subscribed to its Full Self-Driving software, which can run $199 monthly.

Persons: —, Wall, Insider's Beatrice Nolan, Tesla, It's, that's, Elon Musk, ANDERSEN, Alyssa Powell, Donald Trump's, Ken Griffin's, Claire Merchlinsky, MoviePass, Ted Farnsworth, Manoj Bhargava, Putin, Elvira Nabiullina's, Forbes, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Tesla, China, Bloomberg, Nvidia, Meta, Microsoft, Apple, Getty, BI Trump Media, SEC, Citadel, BI, Street Journal, Authentic Brands, Energy, Bank of Russia, The Locations: China, Russia's, Connecticut , Delaware , New York, Rhode Island, Wisconsin, New York, London

☆ The Long, Strange Decline of One of America's Most Influential Brands
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." By 2003, research found that more young readers seeking solace turned to the Chicken Soup series than to the Bible. What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

Persons: I'd, I've, who'd, John Wayne, Jack Canfield, Canfield, Oprah Winfrey, Tony Soprano's, Russ Kamalski, Laurel, Hardy, Tyler Le, Americus Reed, hadn't, he'd, Johnny Nunez, Getty, Clement Stone, Stone, Napoleon Hill's, Norman Vincent Peale's, Mark Victor Hansen, Hansen, Bennett Raglin, let's, Mark Twain, They're, they'd, Kamalski, Preteen's, Christian Woman's, Mother's, —, Wayne Booth, Booth, Barbara Ehrenreich, David Gray, Amy Poehler, Kenan Thompson's, Patty Aubery, I'm, I, blurbing, Bill Rouhana, Amy Newmark, Newmark, Rouhana, Winstar, Ashton Kutcher, Isaac Brekken, Kevin, Reddit, Chicken, Redbox, You've, We're, Kevin fumed, hicken, orth, ince, eason, rance, ike, osses, ives, ake Organizations: John, Hyatt Regency, Soul Entertainment, Nasdaq, Americus, Wharton, Hyatt, Harvard, Triple, Beverly, Hotel, Canfield, University of Chicago, Oklahoma State, Washington Post, Wall, Company, Connecticut —, NASCAR, Hollywood, Consumer Federation of America, CSSE, Hindenburg Research, Sony Pictures Television, GameStop, YouTube, Soup, ust, anfield Locations: Newport Beach , California, Indonesian, Crackle, Canfield, Nigeria, Japan, France, Ohio, West Virginia, Mali, New York, Anaheim, Florida, ,, Teacher's, Baltimore, China, Australian, Darfur, Southern California, Greenwich , Connecticut, Connecticut, Zillow, Canadian, Wells Fargo's, Redbox, ife

☆ The Long, Strange Decline of Iconic Chicken Soup for the Soul Brand
▼ + stars: | 2024-03-31 | by ( Amanda Chicago Lewis | ) www.businessinsider.com time to read: +39 min

What followed was hundreds of sequels and spinoffs, everything from "Chicken Soup for the Cat Lover's Soul" to "Chicken Soup for the Canadian Soul" to the bestseller I read cover to cover, several times, in sixth grade: "Chicken Soup for the Teenage Soul." What began as Chicken Soup for the Soul board games and calendars turned into Chicken Soup for the Soul chocolates and Chicken Soup for the Soul pet food. What began as Chicken Soup for the Soul board games and calendars turned into pet food, barbecue sauce, and — yes — soup. He pointed out that the cover of the original Chicken Soup book "ripped off" Campbell's Soup, to trigger "nourishing and comforting and warming" feelings. He started suggesting outrageous directions Chicken Soup could go in next: "The Chicken Soup pistol!

☆ U.S.-Funded Broadcaster Leaves Hong Kong, Citing Security Law
▼ + stars: | 2024-03-29 | by ( David Pierson | ) www.nytimes.com time to read: +1 min

The authorities in China have long accused Radio Free Asia, also known as R.F.A., of being a front for the U.S. government. In its statement, the news organization noted that officials in Hong Kong had also recently referred to R.F.A. as a “foreign force” in the context of how it covered the discussion over the new security law. Hong Kong enacted the security law on March 23, giving the city’s authorities more power to investigate such offenses as “external interference” and the theft of state secrets. The government declined a request to comment on Radio Free Asia’s departure, pointing instead to national security laws in other countries to justify legislation in Hong Kong.

Persons: Bay Fang, Chris Tang Organizations: Radio Free Asia, Radio Free, U.S . Locations: States, Hong Kong, Taiwan, United States, China, Radio Free Asia

On Tuesday, lawyers for Ms. Lake indicated she would not dispute the facts of a defamation lawsuit that Stephen Richer, the Maricopa County recorder, had filed against her. But they seem to be more durable and pervasive in Maricopa County, home to Phoenix, riling up residents long after campaigns have closed up shop. Credit... Rebecca Noble for The New York TimesThe numbers back up Arizona’s outsize role in election fraud claims. At a news conference on Monday, Gary M. Restaino, the U.S. attorney for Arizona, said seven of the nation’s roughly 18 federal cases regarding election threats involved people targeting Arizona election officials, though the suspects are not Arizonans. Image Bill Gates, a Maricopa County supervisor, during Arizona’s primary presidential election in Phoenix earlier in March.

Persons: Joseph R, Biden, Donald J, Kari Lake, Trump, baselessly, hasn’t, Lake, Stephen Richer, Richer, —, ”, Joshua Garland, Rebecca Noble, Gary M, “, Mr, Restaino, Lake’s, ” Mr, they’re, Katie Hobbs, Bill Gates, Gates, Lake —, ‘, ’ ‘, ’ ”, “ It’s Organizations: Republican, Arizona State University, “, The New York Times, Arizona, U.S, Supreme, Lake’s Democratic, Mr, Republicans Locations: Arizona, Maricopa, Maricopa County, Phoenix, Georgia, U.S, . Credit, Gitmo

☆ Jasmin Paris: British runner becomes first woman to finish Barkley Marathons, just 99 seconds before time limit expired
▼ + stars: | 2024-03-23 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —British runner Jasmin Paris became the first woman ever to finish the legendary Barkley Marathons on Friday. Paris was one of five finishers in the 2024 edition of the Barkley Marathons, with Ukrainian Ihor Verys finishing first, American’s John Kelly and Jared Campbell finishing second and third respectively and Greig Hamilton from New Zealand finishing fourth. Verys, who finished with a time of 58:44:59, told Dunn: “Maybe you should add a sixth loop.”Conversely, Campbell – who completed the Barkley Marathons for the fourth time with a time of 59:30:32 – said: “That new section is brutal. The Barkley Marathons has become famous for its grueling, near-impossible nature. The races’ tough nature makes it a tough finish for many, with no finishers between 2017 and 2023.

Persons: Jasmin Paris, Barkley, Keith Dunn, Twitter – Paris, Verys, American’s John Kelly, Jared Campbell, Greig Hamilton, Dunn, Campbell –, –, ” Paris, Gary Cantrell, James Earl Ray, Martin Luther King Jr, Ray, Cantrell Organizations: CNN, Twitter –, Barkley, New Zealand Locations: Paris, New, Mountain, brushy

☆ 'Hong Kong is China's Hong Kong': Beijing hits back at U.S. for 'slandering' city's new security law
▼ + stars: | 2024-03-21 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

The flags of China and Hong Kong displayed in rows. China's embassy hit back against U.S. criticism of Hong Kong's new national security law on Thursday, saying the U.S. should "respect China's sovereignty." Hong Kong lawmakers passed a new national security law on Tuesday which critics say grants the government more power to quash dissent. "Hong Kong is China's Hong Kong. Hong Kong affairs are purely China's internal affairs, which no country is in the position to point fingers at or interfere in," a spokesperson said on Wednesday.

Persons: Hong, Hong Kong's, Vedant Patel, John Lee, Wang Yi, — CNBC's Evelyn Cheng, Clement Tan Organizations: U.S . State Department, Kong's Legislative, China's, Beijing, China - Locations: China, Hong Kong, U.S, China's, Hong Kong . Hong Kong, Kong's, China - U.S

☆ Hong Kong’s New Security Legislation Took Decades to Pass. Here’s What to Know.
▼ + stars: | 2024-03-19 | by ( Mike Ives | ) www.nytimes.com time to read: +1 min

Hong Kong passed national security legislation on Tuesday, giving officials in the Chinese territory more power to curb dissent, 21 years after mass protests forced the government to backtrack on a plan to introduce such laws. The security legislation is another significant erosion of freedoms in a former British colony once known for its freewheeling politics and relative autonomy from China. It also highlights how weak Hong Kong’s once-boisterous civil society and political opposition have become over the past four years. Here’s how Hong Kong got here and what’s in the law. But it also called for the eventual passage of national security laws to replace colonial ones the British were leaving behind.

Persons: Hong Kong’s Locations: Hong Kong, British, China

☆ Microsoft says new AI security chatbot pricing model lets customers 'buy what they need'
▼ + stars: | 2024-03-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft is rolling out an unorthodox pricing model for its new security chatbot that becomes available to the public on April 1. Microsoft considered input from early customers as well as the costs of tapping OpenAI's LLMs that process users' prompts, Vasu Jakkal, a corporate vice president at Microsoft, told CNBC. Microsoft charges for use of its Azure OpenAI Service based on the number of tokens a client uses. BP is an early customer of the new security service. Copilot for Security can answer questions by drawing on information from Microsoft's own security products and third-party providers.

Persons: Satya Nadella, Nadella, Andrew Conway, Conway, Vasu Jakkal, Chip Calhoun, Copilot, UnitedHealth Organizations: Microsoft, Security, Gaming, Activision Blizzard, Windows, Dynamics, CNBC, OpenAI, BP Locations: Seoul, Charlotte, Russian

☆ China says it plans to boost these industries. Stocks to play the trend
▼ + stars: | 2024-03-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

"MS' Economics team believes that the announced fiscal package is insufficient to boost the economy as fiscal package remains supply-centric," Wang said. "Policy support for developing advanced production capacity will lead to increased capex in associated value chains like the industrials and IT sectors," the HSBC analysts said. All four stocks are listed in Shenzhen: Inovance — as a seller of factory automation components, Inovance should "benefit from the recovery of the discrete automation market in 2024," the HSBC analysts said. The HSBC analysts expect Innolight to increase its sales of its most advanced product, and introduce an even better product in the fourth quarter. Sanqi Entertainment — HSBC analysts expect this gaming stock can nearly double to 36 yuan a share.

Persons: Steven Sun, Wu Qing, Morgan Stanley, Laura Wang, Wang, Xi Jinping, Michael Bloom Organizations: Beijing, Authorities, HSBC, Finance, Information, Inovance, Naura Tech, Sanqi Entertainment — HSBC Locations: China, HSBC China, Shanghai, Beijing, Chongqing —, Shenzhen

☆ Xi Sticks to His Vision for China’s Rise Even as Growth Slows
▼ + stars: | 2024-03-09 | by ( Chris Buckley | ) www.nytimes.com time to read: +1 min

Even with growth faltering in China, Xi Jinping appears imperiously assured that he possesses the right road map to surpass Western rivals. China’s economy has lurched into a slower gear. But Mr. Xi seems unbowed in insisting that his policies, featuring extensive party control and state-led industrial investment in new sectors like electric vehicles and semiconductors, can secure China’s rise. In a mark of that confidence, his government announced last week that China’s economy was likely to grow about 5 percent this year, much the same pace as last year, according to official statistics. And Mr. Xi emphasized his ambitions for a new phase of industrial growth driven by innovation, acting as if the past year or two of setbacks were an aberration.

Persons: Xi Jinping, —, Xi Locations: China, United States, West

☆ Hong Kong proposes new security bill with life imprisonment for 'treason' and 'insurrection'
▼ + stars: | 2024-03-08 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

The flag of Hong Kong flies from a ferry boat on July 2, 1997, a day after the former British colony returned to Chinese rule. Hong Kong on Friday unveiled a new draft security bill proposing up to life imprisonment for offences such as insurrection and treason following a month of public consultation period for the bill. The draft legislation is necessary for Hong Kong to fulfil its constitutional duty to safeguard national security, China's Ministry of National Security emphasized in its official WeChat account on Monday. Beijing imposed a controversial law four years ago, which stamped out dissent and led to the arrest of many Hong Kong pro-democracy activists. China's 2020 national security law aimed at prohibiting secession, subversion of state power, terrorism activities and foreign interference.

Persons: Hong, John Lee Organizations: British, China's Ministry of National Security, Hong, U.S . State Department, Kong's Locations: Hong Kong, Beijing

☆ Harvard ‘absolutely failed’ to comply with unprecedented subpoena in antisemitism probe, House Education Committee chair says
▼ + stars: | 2024-03-05 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Rep. Virginia Foxx, the Republican chairwoman of the House Education Committee, said Tuesday that Harvard University has failed to comply with her unprecedented subpoena for documents on campus antisemitism. Harvard turned over another trove of documents about campus antisemitism to Congress on Monday evening. Foxx argued that heavy redactions by Harvard made several documents “useless,” while many others were duplicates of documents previously submitted. The Education Committee did not detail specifically which steps lawmakers are now considering to enforce its subpoena. “Harvard denounced antisemitism on our campus and have made clear that the University will continue to take actions to combat antisemitism in any form,” Newton said.

Persons: Virginia Foxx, Foxx, ” “, ” Foxx, Harvard, –, “, Alan Garber, Penny Pritzker, There’s, Jason Newton, “ Harvard, ” Newton Organizations: CNN — Rep, House Education, Harvard University, ” “ Harvard, Ivy League, Harvard, Harvard Corporation, Harvard Management Company, CNN, University Locations: Newton

☆ Stocks hate this one weird trick from the calendar
▼ + stars: | 2024-02-29 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

New York CNN —Leap Day might seem like fun and games — until you consider Wall Street. To account for that gap, Julius Caesar in 45 BC decreed that an extra day be added every four years, leading to the Julian calendar. Pope Gregory XIII in 1582 AD created the Gregorian calendar, coined the term “leap year” and established February 29 as the official leap day. He adds that a leap day can also help marginally raise corporate earnings, since companies get an extra day in a fiscal quarter to operate. History shows that stocks tend to perform worse when an additional day is added to the calendar.

Persons: Julius Caesar, Pope Gregory XIII, Matt Weller, Weller, Dow, ”, “ Barbie ”, “ Oppenheimer, ’, Samantha Delouya, It’s, Read, Sam’s, Sam, Matt Egan, Banks Organizations: CNN Business, Bell, New York CNN, Dow Jones, Bulls, Research, AMC Entertainment, AMC, Treasury Department, CNN, Treasury Locations: New York, FOREX.com

☆ Putin doesn't really want a war with NATO because 'Russia will lose and lose quickly,' UK military chief says
▼ + stars: | 2024-02-28 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Russia doesn't want a conflict with NATO as it would "lose quickly" the UK's armed forces chief said. Russian President Vladimir Putin doesn't really want a conflict with NATO because in that scenario Russia would quickly lose, the head of the UK's armed forces said on Tuesday. He said that "the biggest reason that Putin doesn't want a conflict with NATO is because Russia will lose. And lose quickly." Even so, Radakin said that Russia would be quickly defeated by NATO forces if it attacked a member state.

Persons: Sir Tony Radakin, Vladimir Putin doesn't, Admiral Sir Tony Radakin, Putin, it's, Radakin Organizations: NATO, Chatham House, Air Force, Navy Locations: Russia, Russian, London, Ukraine, Europe, Chatham, Germany, France, Poland, Baltic, Sweden, Finland, China

☆ AI is Uncle Sam’s new secret weapon to fight fraud
▼ + stars: | 2024-02-28 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Starting around late 2022, the Treasury Department began using enhanced fraud-detection methods powered by AI to spot fraud, CNN has learned. Treasury’s AI-powered fraud detection recovered $375 million in fiscal 2023 alone, Treasury officials tell CNN, marking the first time Treasury is publicly acknowledging it is using AI to detect fraud. Instead, Treasury officials say the type of AI they are using falls more into the bucket of machine learning and Big Data. The goal is to move with such speed that anomalies are flagged and banks are alerted before fraudulent checks are ever cashed, Treasury officials said. Catching fraud in millisecondsAmiram Shachar, co-founder and CEO of cloud security startup Upwind, told CNN the federal government should “absolutely” use AI to detect fraud.

Persons: Sam, Sam’s, Fraudsters, Wally Adeyemo, ”, ” Shachar, Steph Curry Organizations: New, New York CNN, Treasury Department, CNN, Treasury, Data, Washington, Office, Business Administration, Social, Internal Revenue Service, IRS, Google, Facebook, Penny Jar, NBA, Mastercard Locations: New York, Banks, Washington, Hong Kong

☆ Zelenskiy says Black Sea grain corridor in doubt without U.S. aid
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: +1 min

Ukraine's President Volodymyr Zelenskiy said on Monday that without new U.S. military aid his country would be unable to defend a Black Sea shipping corridor that has allowed Kyiv to export millions of tons of grain to global markets. Ukraine's President Volodymyr Zelenskiy said on Monday that without new U.S. military aid his country would be unable to defend a Black Sea shipping corridor that has allowed Kyiv to export millions of tons of grain to global markets. Ukraine launched the shipping corridor hugging its western Black Sea coast near Romania and Bulgaria in August, a month after Russia quit a year-long landmark deal - brokered by the United Nations and Turkey - that had allowed the safe Black Sea export of nearly 33 million metric tons of Ukraine grain. "We ... created the new route in the Black Sea," Zelenskiy told CNN in an interview, describing the shipping corridor as a "big success" for so far allowing the export of about 30 million tones of grain and other agricultural products. But he warned that if the U.S. Congress did not approve $60 billion in new security aid then the future of the shipping corridor would be in doubt.

Persons: Volodymyr Zelenskiy, Zelenskiy, Russia's Organizations: United, CNN, U.S, Congress, United Nations Locations: Ukraine, Romania, Bulgaria, Russia, United Nations, Turkey

Kostyantynivka, eastern Ukraine CNN —Artem spends a lot of time thinking about the shots he can’t afford to take. That means they can only strike top priority targets, a limitation which is allowing Russian troops to slip through. Dr. Sviatoslav Mykytiuk serves at a medical point in eastern Ukraine where soldiers are brought from the frontlines. In eastern Ukraine, Mykytiuk said, the evacuation can take up to a day, sometimes even longer. Ukraine soldiers frontline Ivana Kottasová / CNN“If he was thinner, he would have lost it,” he said.

Persons: Ukraine CNN — Artem, it’s, Artem, ”, ” Ivana Kottasová, Joe Biden’s, Dmytro Kuleba, Avdiivka, Ukraine “, ” Oleh Kalashnikov, Sviatoslav Mykytiuk, Mykytiuk, Ivana Kottasová, ‘, ” Mykytiuk, “, Oleh, ” Artem, ” Kalashnikov Organizations: Ukraine CNN, 26th Artillery Brigade, CNN, “, United, United States Congress, Kyiv, Ukraine’s, Ukraine, The, 30th Brigade, Cemetery Locations: Ukraine, United States, Ukrainian, Avdiivka, US, Kramatorsk, it’s, Russia, Soviet Union, Bakhmut, Kharkiv, Europe, America

☆ Citigroup just boosted its CEO's pay to $26 million even as it plans to slash thousands of jobs
▼ + stars: | 2024-02-21 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

Citigroup CEO Jane Fraser received a 6% compensation increase in 2023, totaling $26 million. The raise comes as Citigroup plans to cut 20,000 jobs over the next few years. AdvertisementCitigroup CEO Jane Fraser received a 6% pay boost in 2023, a new SEC filing shows, as the banking giant prepares to slash thousands of jobs over the next few years. Fraser received $26 million in 2023; most of her pay comprised performance-based stocks and cash incentives. According to the filing, Citigroup concluded that Fraser implemented the "most consequential set of changes to its organizational and management model since the 2008 financial crisis."

Persons: Jane Fraser, —, Fraser Organizations: Citigroup, Service, SEC, Business

☆ We're debating buying Palo Alto's sharp post-earnings drop. Here's what we're considering
▼ + stars: | 2024-02-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Palo Alto Networks has been at the forefront of this trend because it's the best-of-breed in 21 categories. PANW 1Y mountain Palo Alto Networks 1 year However, we're not going to try to go in and out of Palo Alto. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Nikesh Arora, Palo Alto Networks Adam Galica | CNBC

Persons: billings, Nikesh Arora, Arora, We've, Jim Cramer, we're, –, I'm, Jim, Let's, Jim Cramer's, Galica Organizations: Palo Alto Networks, Revenue, LSEG, billings, Alto Networks, Securities and Exchange Commission, SEC, Palo, CNBC Locations: U.S, cybersecurity, billings, Palo, Palo Alto

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