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☆ What We Know About the Attacks on France’s Rail Network
▼ + stars: | 2024-07-26 | by ( Lynsey Chutel | ) www.nytimes.com time to read: +1 min

Just hours before the opening ceremony of the Paris Olympics, France was rocked by a series of arson attacks on its rail network on Friday, stoking fears over security during the Games. No one was killed or reported injured, but the damage to France’s high-speed train lines caused major delays as thousands of local and international travelers were expected to converge on Paris for the ceremony and the Games. The arson attacks, which authorities have described as “criminal,” come amid heightened security concerns, when France is the center of a global spectacle. Here’s what we know about the attacks and the resulting disruptions:Is this a terrorist attack? That is not clear yet, but France’s prime minister, Gabriel Attal, has described the fires as “acts of sabotage that were carried out in a prepared and coordinated way.” The police and intelligence services are investigating these “criminal acts,” he added in a post on social media.

Persons: stoking, ”, Gabriel Attal Organizations: Paris Olympics, Games Locations: France, Paris

Will These Sensational Skateboarding Tricks Win Japan Olympic Gold? Tokyo Olympics results If scored with the new format Total ATHLETE ATHLETE Total Yuto Horigome Japan Kelvin Hoefler Brazil Kelvin Hoefler Brazil Jagger Eaton U.S. Yuto Horigome Japan Jagger Eaton U.S. Tokyo Olympics results Yuto Horigome Kelvin Hoefler Jagger Eaton Japan Brazil U.S. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 5 START Huston landed 13 tricks while Horigome only did 7. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 Huston landed 13 tricks while Horigome only did 7. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 5 START Huston landed 13 tricks while Horigome only did 7.

☆ French rail network hit by 'acts of sabotage' in latest transport woes for Paris during the Olympics
▼ + stars: | 2024-07-26 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Read previewFrance's rail network has been hit by a series of "malicious acts" that have damaged transport routes leading to the capital, causing cancellations and disruption just hours before the Paris Olympics opening ceremony. AdvertisementThough several Olympic events are being held outside Paris, Attal highlighted the impact on French families leaving for vacation this weekend rather than on the Olympics. Michel Euler/ APThe attacks also add more pressure to concerns over whether Paris' transport infrastructure can manage the Olympic crowds. Officials promised to reinvigorate the transport system after Paris won the Olympic bid. But, in November 2023, the mayor of Paris said there were parts of the city where "transport will not be ready and there will not be enough trains," according to French radio network RFI.

Persons: —, Gabriel Attal, Attal, Brian Snyder, Michel Euler, Jimmy Brun, France24 Organizations: Service, SNCF, Business, South, Lille, Railway, Reuters, Eurostar, Paris, RFI, Paris Metro, Paris's Metro, Bloomberg Locations: Atlantique, Northern, Paris, Bordeaux, France, Strasbourg, Germany, London, Seine, Paris's

☆ France's high-speed rail network hit by arson attacks, canceling trains ahead of Olympics
▼ + stars: | 2024-07-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

French train services were canceled and delayed on Friday, after the nation's high-speed rail network faced a series of "malicious" acts overnight, including arson, just ahead of the opening of the Olympic Games in Paris. Railways operator SNCF said in a statement that its network had experienced several concurrent attacks on Thursday night, with fire damaging its facilities. The high-speed LGV Atlantique line was hit, along with northern and eastern lines, causing knock-on disruption that the operator expected will impact hundreds of thousands of people. "Following this massive attack aiming to paralyze the high-speed line network, a large number of trains were diverted or canceled," SNCF said, according to a CNBC translation, advising those who are able to not to travel to the station. The impact also hit international Eurostar services, which connect the U.K., France, Belgium, the Netherlands and Germany.

Organizations: Paris, Olympic Games, SNCF, Atlantique, CNBC, Eurostar, Lille Locations: Gare Montparnasse, Paris, Paris . Railways, Paris's, France, Belgium, Netherlands, Germany

☆ Precautions Failed to Halt Rail Sabotage
▼ + stars: | 2024-07-26 | by ( Catherine Porter | More About Catherine Porter | ) www.nytimes.com time to read: +1 min

The coordinated rail attacks that disrupted train travel in France on three high-speed lines Friday morning occurred despite intensive security precautions put into effect leading up to the Olympics, which officially begin Friday night. The dragnet yielded some results. In central France, a man of Chechen origin was charged in May with the planning of an attack outside an Olympic soccer match in Saint-Étienne. Another man, a neo-Nazi sympathizer living in the Alsace region, was sentenced to two years in prison for publishing an explosives recipe online and for making threats. This week, a 40-year-old Russian man was charged with working at the behest of a foreign power to “provoke hostilities” in France intending to destabilize the Olympic Games.

Organizations: Olympic, Nazi, Olympic Games Locations: France, Paris, Saint, Alsace

☆ UK Finance Minister Rachel Reeves pledges most 'pro-growth, pro-business' government the country has seen
▼ + stars: | 2024-07-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

"I will work with business to make sure we're doing all we can to bring wealth creation, to bring business investment to the U.K. economy," she added. "This is going to be the most pro-growth, pro-business Treasury that this country has ever seen," Reeves told CNBC's Steve Sedgwick via remote interview. LONDON — U.K. Finance Minister Rachel Reeves said Friday that the new Labour government would be the most pro-growth and pro-business the country has seen. We need to attract business investment to be able to do that." However, the chancellor has a fine balance to tread given pledges from her party to also boost national investment and public sector pay.

Persons: Reeves, CNBC's Steve Sedgwick, Rachel Reeves, I'm, Keir Starmer, Starmer Organizations: Treasury, CNBC, LONDON, Finance, Labour, Conservative Locations: Rio de Janeiro, Brazil, Britain

“This will be the first Olympics, since Sydney, where the total costs are coming in under $10 billion,” said Victor Matheson, a College of the Holy Cross professor of economics who has researched the financial costs of the Olympics. Workmen adjust banners on the 3x3 basketball venue located at La Concorde, in Paris, ahead of the 2024 Olympic Games. Additionally, the Paris Olympic Village will be converted into offices and housing in a historically impoverished neighborhood. Still, economists say, it may take more drastic moves in the future for the Olympics to be truly sustainable and economically sound. “I love the Olympics, and I love sporting events, but I just really do not think that the way the Olympics works now is a viable business model,” Phalin said.

Persons: ”, Victor Matheson, “, “ It’s, David Gray, Andrew Zimbalist, ” Zimbalist, Michael Kappeler, it’ll, Fabrice Coffrini, Zimbalist, ‘, Amanda Phalin, Christian Petersen, I’m, ” Phalin, you’ve, it’s, Andrew Medichini, shuttlecocks, Matheson, Phalin Organizations: CNN, Olympic, Paralympic Games, Paris Games, of, IOC, La Concorde, Getty, Mexico City Games, Montreal Games, Smith College, Olympics, Oxford University, Audit Board, Tokyo, Eiffel, Paris, University of Florida’s Warrington College of Business, Games, of Investment, Development Authority, French, ” Workers, Palais, AP Paris Locations: Paris, Sydney, La, AFP, Mexico, Munich, ” Los Angeles, Tehran, Beijing, Sochi, France, “, Lake Placid , New York, Lake Placid, ”, Los Angeles, Oklahoma

☆ Japan's Nikkei tumbles more than 2% as Asia-Pacific markets fall, tracking Wall Street sell-off
▼ + stars: | 2024-07-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Asia-Pacific markets saw a sell off on Thursday, tracking losses on Wall Street as the S&P 500 and Nasdaq Composite saw their worst days since 2022. The broad market index lost 2.31%, closing at 5,427.13, while the tech-heavy Nasdaq slid 3.64% to end at 17,342.41. Meanwhile, Tesla shares declined 12.3% — their worst day since 2020 — on weaker-than-expected results and a 7% year-over-year drop in auto revenue. Over in Asia, investors will assess South Korea's advance second-quarter GDP numbers, which came in slightly below expectations. South Korea's GDP grew 2.3% year on year, lower than the 2.5% expected by economists polled by Reuters.

Persons: — Organizations: Nasdaq, Dow Jones, Tech, Nvidia, Meta, Reuters Locations: Seoul . Asia, Pacific, Asia

☆ Major players in U.S. supply chain seek new approach to shipping legislation
▼ + stars: | 2024-07-24 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

Labor unions, maritime shipping interests and other supply chain businesses have formed a new trade group to push for more domestic infrastructure investment to safeguard the supply chain. "We are bringing the links of the supply chain together," said Josh Wood, CEO of the Supply Chain Council. "We will be championing legislation to strengthen supply chain resiliency and jobs." Wood said that before Covid, supply chain segments were most often viewed independently, and the need to focus on interconnectedness of freight segments has continued to increased with the supply chain experiencing major headwinds. One of the contentious aspects of a strong supply chain is the introduction of automation.

Persons: Johnson, Josh Wood, Wood, There's, Steven Hussain, Hussain, Josh LaFarga, LaFarga, It's, Harold J, Daggett Organizations: Labor, Chain Council, Johnson Controls, Northern Rail Company, SSA Marine, International Union of, Pacific Merchant Shipping Association, Prologis, Community Relations, CNBC, Southern, Workers, Longshoremen's Association, Gulf Ports, United States Maritime Alliance Locations: Prologis, International Union of North America, Panama, Southern California, East Coast, Gulf, United States

☆ Trade partners remain important to U.S. rail industry, says Greenbrier CEO Lorie Tekorius
▼ + stars: | 2024-07-22 | 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 EmailTrade partners remain important to U.S. rail industry, says Greenbrier CEO Lorie TekoriusLorie Tekorius, CEO of The Greenbrier Companies, joins CNBC's 'The Exchange' to discuss how a new administration might impact the freight and railway industries, infrastructure, and more.

Persons: Lorie Tekorius Lorie Tekorius Organizations: Email Trade, Greenbrier, The Greenbrier Companies Locations: U.S

☆ From Berlin to Paris on the Night Train: A Retro-Romantic Journey
▼ + stars: | 2024-07-22 | by ( Evan Rail | ) www.nytimes.com time to read: 1 min

One of the sleeping arrangements on the train is a “couchette,” a shared compartment with bunk beds. Credit... Andreas Meichsner for The New York Times

Persons: ”, Andreas Meichsner Organizations: The New York

Finally, Lyft and Hilton have teamed up to offer 3x Hilton Honors points on Lyft rides, or 2x Hilton points for shared Lyft rides. You can do so at the following ratios:HawaiianMiles : 1 HawaiianMile = 1.5 Hilton Honors points: 1 HawaiianMile = 1.5 Hilton Honors points Virgin Atlantic Flying Club: 1 Virgin Atlantic point = 1.5 Hilton Honors pointsOther ways to redeem Hilton rewards pointsExperiences and shoppingThe Hilton Experiences program offers a variety of unique opportunities for redeeming points. Redeem Hilton Honors points for event creditsIt's also possible to redeem your points for events at a Hilton, though this isn't generally considered a good way to maximize your Hilton points value. Here's how much the credits cost:25,000 points = $5050,000 points = $10075,000 points = $150125,000 points = $250250,000 points = $500Exchange Hilton points for airline milesIf you'd rather have airline or rail points, you have the option to transfer Hilton points to partner airlines, though redemption rates vary. Maximizing Hilton Honors points frequently asked questionsHow can I earn Hilton Honors points?

Persons: Hilton, You'll, you'll, you've, Diamond, Conrad, Hilton LXR, Hilton Tru, cardholders, that's, Cardholders, Conrad Bora Bora, Hilton Honors Hilton, It's, Exchange Hilton, Lyft, doesn't, Finance Insider's Organizations: Business, Hilton, American, Read, Diamond, Hilton Honors, Express, Conrad Hotels, Resorts, Hilton DoubleTree, Hilton Embassy, Inn, Hilton Hilton Hotels, Garden Inn, Homewood, Hilton Signia, Hilton Tempo, Astoria Hotels, American Express, U.S, Hilton Honors American, Hilton Gold, Gold, Honors American, Online Retail, Hilton Honors American Express, Honors American Express, Hilton Diamond, Alamo, Enterprise, Lyft, Waldorf, Maldives, Dell, Adobe, Hawaiian Airlines, Virgin Atlantic, Virgin Atlantic Flying, Exchange, Honors, Amazon, Hilton's, American Express Hilton, Finance, Elite Locations: —, Hilton, U.S, It's, Shanghai, Czech, Venice, Indonesia, Worth

☆ SOCOM is seeking a lightweight machine gun with heavy firepower and a longer range to bridge the gap between the M2 and M240
▼ + stars: | 2024-07-22 | by ( Travis Pike | Sandboxx News | ) www.businessinsider.com time to read: +8 min

Machine guns come in three types: we have light machine guns that chamber intermediate rounds and maximize weight savings; medium machine guns that offer more power with full-powered rifle rounds; and heavy machine guns that might weigh more than 100 pounds but provide light armor and barrier destruction as well as a longer range. SOCOM's new machine guns blend the medium and heavy machine gun types to create something novel. This new weapon seems ready to supplement or even replace the M2 heavy machine gun. This led to a demand for a gun that offers the range of a heavy machine gun with respectable power but without the weight. To put it simply, they want a weapon that weighs less than a medium machine gun but has the range of a heavy machine gun.

Persons: —, Ma, it's, Cpl, Mary Kohlmann SOCOM, Norma Magnum chambering, Norma, SOCOM, Norma Magnum, SIG MG338, we'll Organizations: Service, Marine Corps, Business, BMG, NATO, US Army, SIG, Ohio Ordnance, Indigenous, Dynamics, Velocity, Ohio Ordnance Works, Facebook Locations: United States, Ohio

☆ Why Tesla’s big bet on gigacasting has other EV makers reimagining their factories
▼ + stars: | 2024-07-20 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +4 min

Gigacasting is a form of die-casting — pouring materials like molten aluminum into large molds to form parts. For example, the front and rear portions of the early Model 3 chassis each contained more than 70 parts, according to Tesla. Reducing weight ultimately means more range for the customer, and substituting one large megacast for dozens of stamped parts reduces labor and boosts production, he said. Severinson views repair as a solvable challenge: "There is a solution to repairing also a casted rear floor," he said. Burns and Volk say that might be a sign that the company is hitting some technical limits.

Persons: Elon Musk, Shea Burns, AlixPartners, Tesla, Musk, Erik Severinson, Burns, Wolfram Volk, Volk, Lars Moravy Organizations: Toyota, Ford Motor, General Motors, Hyundai, Nissan, Volvo, Technical University of Munich, BMW, Volkswagen Locations: American, Germany

☆ Bangladesh protests: Anger over job quotas escalates into deadly violence. Here’s what you need to know
▼ + stars: | 2024-07-19 | by ( Helen Regan | Samra Zulfaqar | ) edition.cnn.com time to read: +9 min

CNN —Huge protests across Bangladesh escalated into deadly violence this week with clashes between students, pro-government supporters and armed police fueling widespread anger over civil service job quotas opponents say are discriminatory. Many Bangladeshi students are demanding an end to the government’s quota system, which reserves more than half of civil service posts for certain groups. In 2018, the quota system was scrapped following similar protests but in June the High Court reinstated it, ruling its removal was unconstitutional. Critics and protesters say the quota system creates a two-tier Bangladesh where a politically connected elite benefit by their birth. “This is not just about quota protests anymore, this is much bigger than that, in simple quota protests the government wouldn’t go around hurting and shooting students.

Persons: Sheikh Hasina, Hasina, Sheikh Mujibur Rahman, Hasina’s, “, ”, Maruf Khan, Stringer, Tahmeed Hossain, –, Hossain, Munir Uz Zaman, Hassan Abdullah, Abdullah, Prothom Alo, ” Hasina, Salman, ” Hossain, Antonio Guterres, Stephane Dujarric, ” Dujarric Organizations: CNN, Bangladesh Television, Mobile, Awami League, Getty, Bank, Dhaka University, Bangladesh Chatra League, Rapid Action Battalion, Wednesday, Agence France, Press, Authorities, Student, State Department, ” UN Locations: Bangladesh, Dhaka, State, Pakistan, Australia, Sydney, “, AFP, United States, ”, New, Melbourne, Copenhagen

Capital One Spark Miles Business Credit Card DetailsDepending on your spending habits and rewards goals, the Capital One Spark Miles for Business† could be a great choice if you qualify for a small business credit card. Capital One Spark Miles for Business Credit Card RewardsCapital One Spark Miles welcome bonusThe Capital One Spark Miles for Business† welcome bonus offer is 50,000 miles once you spend $4,500 on purchases within the first three months from account opening. How to earn rewards with the Capital One Spark Miles for Business cardThe Capital One Spark Miles for Business† has a simple earning structure. Capital One Spark Miles for Business Benefits and FeaturesOne slightly annoying thing about the Capital One Spark Miles for Business† is how its benefits are structured. Capital One Spark Miles for Business Credit Card Frequently Asked Questions (FAQ)What credit score do you need to be approved for the Capital One Spark Miles for Business?

Persons: Business †, you'll, Business You've, Business † cardholders, you've Organizations: Business, Business †, Capital, Miles, American Express, Visa, Mastercard, TSA, Dallas Fort, Quicken, Excel, Business Credit, eBay Locations: Dallas Fort Worth, DFW, Denver, Washington, Chevron

☆ Microsoft, CrowdStrike IT outage hits global supply chain, with air freight facing days or weeks to recover
▼ + stars: | 2024-07-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

The new issue for the global supply chain comes amid a rise in global demand, with shipments up 13% year-over-year in June. Air freight supply has increased, but only by 3% year-on-year, already causing higher costs for shippers due to the limited capacity, according to Xeneta. Thousands of flights were grounded or delayed at the world's largest air freight hubs in Europe, Asia and North America. "This is a reminder of how vulnerable our ocean and air supply chains are to IT failure." Ports, freight rails, report some issues, but normal operationsMost rails and ports were faring better after some early morning disruptions.

Persons: Buttigieg, Pete Buttigieg, van de Wouw, Niall van de Wouw, Xeneta, Berkshire Hathaway, Mario Cordero, Bethann Rooney, Emily Stausbøll, Stausbøll, Kpler, Matt Wright Organizations: U.S . Department of Transportation, Transportation, CNBC, Air, Microsoft, FedEx, UPS, Union Pacific, Pacific, CSX, Norfolk, BNSF, APM, Maersk, Port Authority, Port Authority of New, Port, U.S ., Harbour Master Locations: New York, U.S, China, Europe, Asia, North America, Norfolk Southern, Berkshire, Port, Houston, Los Angeles, of Long Beach, New Jersey, Port Authority of New York, Savannah, Virginia, Charleston Port, U.S . East Coast, Maritime, Gdansk, Dover, Felixstowe, Liverpool, Rotterdam

☆ What to know if you’re traveling this weekend amid the global tech outage
▼ + stars: | 2024-07-19 | by ( Cnn Staff | ) edition.cnn.com time to read: +10 min

Here’s what to know if you’re planning to travel this weekend. David J. Phillip/APUS-based carriers American Airlines, United Airlines, Delta Air Lines, Allegiant Airlines, SunCountry and Frontier Airlines all reported issues on Friday. Crews have limits on their working hours, so staffing challenges cascade along with flight delays. That all depends on the type of ticket you have, the airline you’re flying with and whether you have travel insurance (which is always a good idea). If you’re set to travel soon, wherever you are in the world, it’s worth double checking your individual journey status before you travel.

Persons: What’s, It’s, CrowdStrike, David J, Phillip, Cirium, it’s, William Sikora III, you’re, ” Lousson Smith, Aaron Chown, Trenitalia Organizations: CNN, Microsoft, United Airlines, American Airlines, Delta Air Lines, Allegiant Airlines, Frontier Airlines, Federal Aviation Administration, FAA, Ryanair, Air, Turkish Airlines, KLM Royal Dutch Airlines, AirAsia, Dubai, Philadelphia International, Berlin, Amsterdam’s, Edinburgh Airport, CNN Travel, EU, Insurance, Airlines, British Airways, National Rail, Washington , D.C, Washington Metropolitan Area Transit Authority, Metropolitan Transportation Authority, MTA Locations: Air France, Europe, ” Spain’s, Madrid, Barcelona, Delta, –, London's Victoria, London, Italy, Washington ,, New York

☆ The Voices Young Conservatives Are Listening to Online
▼ + stars: | 2024-07-19 | by ( Rachel Janfaza | ) www.nytimes.com time to read: +1 min

By the time that former President Donald J. Trump joined TikTok in June, conservative content was flourishing on the social media platform, known for its grip on young people. That environment has had an effect on many voters, particularly members of Generation Z, for whom Mr. Trump has been a consistent presence on presidential ballots since they became eligible to vote. The appetite for conservative-leaning content online inspired CJ Pearson, 21 and a chairman of the Republican National Committee’s Youth Advisory Council, to develop a digital initiative called Influence America. “People follow people,” said Mr. Pearson, a veteran of the youth-focused conservative platform PragerU. “They don’t follow organizations; they don’t follow parties.”

Persons: Donald J, Trump, Trump’s, CJ Pearson, ”, Pearson Organizations: TikTok, Republican National, Advisory Council

☆ Commuters in NYC and DC should get ready for a difficult, disrupted journey due to the global IT outage
▼ + stars: | 2024-07-19 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Arrival information is unavailable for many Subway routes in NYC and DC because of a global IT outage. Transport authorities say trains and buses are running as scheduled, though. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCommuters in NYC and DC should prepare for some disruptions on Friday morning over the global IT outage. Though transport authorities in both NYC and DC say that trains and buses are running as scheduled, arrival information is unavailable for many routes, including both at stations and on the authorities' websites and apps.

Persons: — Organizations: Rail, Service, DC, York City's Metropolitan Transportation Authority, Franklin, Shuttle, Business Locations: NYC, York City's, Rockaway

☆ How to Become a Player in the Global Mineral Trade
▼ + stars: | 2024-07-18 | by ( Daisuke Wakabayashi | Chang W. Lee | ) www.nytimes.com time to read: 1 min

Every year in Kazakhstan, workers pull hundreds of thousands of tons of copper from below the nation’s soil. Exporting oil and metals has been the life force of this former Soviet republic’s economy for decades. Now, as the world moves toward cleaner energy and electric vehicles, nickel and other minerals have become even more valuable, kicking off a boom. China, the country’s neighbor to the east, is well positioned to capitalize. It has invested billions upgrading Kazakhstan’s rail lines ...… and new ports and other infrastructure — visible symbols that this Central Asian country is open for business.

Locations: Kazakhstan, Soviet, China

☆ These 10 U.S. states have America’s best economies in 2024
▼ + stars: | 2024-07-18 | by ( Scott Cohn | ) www.cnbc.com time to read: +13 min

We consider economic growth and job growth. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. Delaware's economy turned in a lackluster performance in 2023 — the only state economy to shrink last year. Mario Tama | Getty ImagesThe Grand Canyon State's surging chip sector is delivering many dividends, including strong job growth and a healthy housing market. But he noted that construction employment grew at a healthy pace last year, evidence that the state economy still has steam left.

Persons: Dupont De Nemours, Ethan Miller, Kevin C, George Frey, Mark Knold, Knold, Zions, Mario Tama, Katie Hobbs, Allison Joyce, they've, Andrew Berger, Gross, Berger, Nina Dietzel, Lawrence Kessler, Kessler, Brandon Bell, Joe Raedle Organizations: Companies, Business, Delaware, Istock, Getty, Fortune, Census, Commerce Department, Aaa, Direct Investment, Corporate, Gem State, Micron Technology, Lamb Weston Holdings, Silver State, Pew, Major Corporations, Vegas Sands, MGM Resorts, Benz, Cox, Mercedes, Nestlé, Purina, Adidas, Georgia Department of Economic, U.S . Commerce Department, Assurant, Intercontinental, Contractors, Bloomberg, Utah's Department of Workforce Services, Arizona Workers, Gov, Democrat, Major, Technology, North, Health, Employers, North Carolina Department of Commerce, Corporate Headquarters, Bank of America, Duke Energy, Tennessee, University of Tennessee, The Volunteer State, FedEx, Texas Employees, Lone Star State, Entrepreneurship, Oracle, Tesla, Amerant Locations: States, Wilmington, New Castle County , Delaware, Delaware, Incyte, Idaho, Boise , Idaho, USA, Nevada, Las Vegas, Las Vegas , Nevada, Southern California, Vegas, Georgia, Atlanta , Georgia, Peach, Utah, Provo , Utah, U.S, Beehive, Buckeye , Arizona, Arizona, North Carolina, Wilmington , North Carolina, Carolina, Tennessee Nashville , Tennessee, Luling , Texas, The Texas, North Dakota, California, Texas, Florida, Sunrise , Florida

☆ Fund manager picks the stocks and sectors that investors should play right now
▼ + stars: | 2024-07-18 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Portfolio manager Chad Morganlander named a raft of sector and stock plays for investors right now, and revealed he was bullish on small-cap names. Besides small-cap stocks, Morganlander also likes "large cap value stocks." Value stocks are often cheaper than so-called growth stocks and typically trade at a lower price than what the company's performance indicates. Stocks to play Morganlander believes several sectors and stocks make good plays for investors right now. From the health-care sector, the portfolio manager is also bullish on United Health , as he says its PE multiple of around 17 times gives it "competitive positioning."

Persons: Chad Morganlander, Russell, Morganlander, CNBC's, Stocks Organizations: Crossing Advisors, Nasdaq, Union, Union Pacific, United Health, Microsoft, Big Tech Locations: U.S, Union Pacific

☆ What to Know About the Student Unrest in Bangladesh
▼ + stars: | 2024-07-18 | by ( Anupreeta Das | Saif Hasnat | ) www.nytimes.com time to read: +1 min

As of Thursday, 17 people, most of them students, had been killed and hundreds of others injured. Large areas of Dhaka, the capital, remained empty, and the city shut down its only metro rail service. Anisul Huq, the Bangladesh law minister, said on Thursday that the government was in favor of overhauling the quota system. Mr. Huq said the government would sit down with student leaders to find a resolution, although he added that the final decision would be made by the Supreme Court. On Thursday, they targeted the headquarters of the national television station, setting fire to the building.

Persons: Sheikh Hasina, Anisul Huq, Huq Organizations: Supreme Locations: Pakistan, Dhaka, Bangladesh

☆ King’s Speech: Charles unveils Keir Starmer’s plans for Britain, in state opening of parliament
▼ + stars: | 2024-07-17 | by ( Rob Picheta | ) edition.cnn.com time to read: +8 min

The speech sets out the agenda of Keir Starmer, who defeated Rishi Sunak's Conservatives in this month's election. Starmer also formalized plans to renationalize Britain’s rail network in the coming years, and to create a publicly-owned renewable energy company. At home, a number of institutions were targeted for modernization – most awkwardly, the very room in which Charles gave his speech. “The party opposite has successfully tapped into the public’s desire for change, but they must now deliver change,” Sunak said. Those arguments will intensify in the coming weeks, as Labour introduces its first bills to Parliament – beginning with three priority measures from the speech later this week.

Persons: CNN — Keir Starmer, ”, King Charles III, ” Starmer, Starmer, Keir Starmer, Rishi Sunak's, Dan Kitwood, Camilla, Black Rod –, Rishi Sunak, Kirsty Wigglesworth, Charles, Bill, –, Theresa May, ” Sunak, Sunak Organizations: CNN, Commons, Labour, Tory, Conservative, Reform UK, Getty, Border Security Command, National Health Service, NATO, – Locations: nationalize, Britain, Europe, Buckingham Palace, Westminster, Rwanda

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