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☆ 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

☆ Trump’s former top strategist pushes the 2024 election as a ‘victory or death!’ war
▼ + stars: | 2024-06-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

“Is this a political war to the knife?”I was not familiar with that term – “war to the knife” – but Bannon also recently used it in an interview with ex-Fox News host Tucker Carlson. Ousted from White House role in 2017Bannon’s tenure in Trump’s White House was relatively short; he was fired in August 2017, part of a major reorganization under then-chief of staff John Kelly, who was brought in to control a chaotic atmosphere. As chief strategist at the White House, Bannon was known for large whiteboards full of lists of priorities – things that still ring true in the priorities he outlined over the weekend. Courts, Congress and mismanagement kept Bannon and Trump from achieving many of these goals in Trump’s first term. Anticipating the potential for a second Trump term, there are any number of supporters who are mapping out how to make the most of it.

Persons: Steve Bannon, Donald Trump’s, Bannon, ”, Tucker Carlson, “, Trump, Read, Kristen Holmes, Alayna Treene, John Kelly, Kelly, Trump’s, ” Bannon, Joe Biden’s, General Merrick Garland, Gestapo … there’s, MAGA, Peter Bergen, Bergen, Trump ” –, Roger Stone, Rudy Giuliani, John Eastman, Alex Jones Organizations: CNN, FBI, Fox News, Sovereign, of Congress, Democrats, White, Trump’s, Trump –, Trump, of Justice, DOJ, Gestapo, Federal Reserve, Heritage Foundation, State Department, Heritage Locations: Detroit, Kansas, Atchison, White, Ukraine, Trump’s, State

☆ Opinion | Effective Altruism Is Flawed. But What’s the Alternative?
▼ + stars: | 2024-06-17 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

You don’t hear so much about effective altruism now that one of its most famous exponents, Sam Bankman-Fried, was found guilty of stealing $8 billion from customers of his cryptocurrency exchange. But if you read this newsletter, you might be the kind of person who can’t help but be intrigued by effective altruism. Effective altruism is a new movement inspired by philosophers (including Peter Singer and William MacAskill) and embraced by Silicon Valley engineers who pride themselves on taking a logical, data-driven approach to life. Last week I talked with people who believe in effective altruism and others who don’t. Is it egotistical or merely sensible to demand proof that our money is being put to good use?

Persons: Sam Bankman, ” That’s, Dustin Moskovitz, Peter Singer, William MacAskill Organizations: Open, Facebook, Wall Street Journal, Silicon

☆ See inside a $300 million Gilded Age mansion built for heirs who died on the Titanic that sat abandoned for years
▼ + stars: | 2024-06-17 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTucked away in a quiet suburb of Elkins Park, Pennsylvania, lies Lynnewood Hall, a more-than-century-old mansion that its owner once referred to as "The Last American Versailles." He intended Lynnewood Hall to be a residence for him, his two sons, and their families. Lynnewood Hall was later inherited by his surviving son, Joseph, who was married and had two children. In June 2023, the Lynnewood Hall Preservation Foundation purchased the estate from Yoon for more than $9 million.

Persons: —, Peter A, Widener's, George, Eleanor, Harry, Widener, Lynnewood, Joseph, Richard S, Yoon, Leland Kent, Edward Thome Organizations: Service, Widener, Business, Korean, of, First Korean, Preservation Foundation Locations: Elkins Park , Pennsylvania, American Versailles, Europe, of New York

☆ Here's another reason for Elon Musk to support Trump
▼ + stars: | 2024-06-17 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

He also seems increasingly interested in Donald Trump, though he won't come out and say he's formally backing him. So here's another reason for him to move more firmly into the Trump camp: The US Securities and Exchange Commission, currently run by Biden appointee Gary Gensler, keeps dogging him. Caveats: The last time the SEC went after Musk, Trump was in the White House, and Trump appointee Jay Clayton was running the SEC. AdvertisementJust as important: The Journal piece includes lots of to-be-sures from legal experts about the difficulty of the SEC winning a case against Musk. But Musk would certainly prefer not having to go to court to find out.

Persons: —, Elon, Joe Biden, Donald Trump, he's, Trump, Biden, Gary Gensler, Tesla, Musk, Jay Clayton Organizations: Service, US Securities and Exchange Commission, Business, SEC, Twitter, SEC hasn't, Musk, Trump

☆ Emerging From Orban’s Shadow, a Former Ally Tries to Steal His Limelight
▼ + stars: | 2024-06-17 | by ( Andrew Higgins | ) www.nytimes.com time to read: +1 min

Railing against the right-wing government that until recently counted him as a trusted insider, Hungary’s most popular and improbable opposition leader stood on the back of a flatbed truck surrounded by cheering followers. “Step by step, brick by brick, we will take back our country,” shouted the opposition leader, Peter Magyar, reciting what, during a tour of towns and villages across Hungary, has been the crowd-pleasing mantra of the 43-year-old’s upstart political movement. Making the moment all the more provocative was the location that Mr. Magyar chose for the rally: just down the road from a house that Prime Minister Viktor Orban owns in Felcsut, the village where the leader grew up. Since taking power 14 years ago, Mr. Orban has won four general elections in a row, refashioning Hungary into an “illiberal democracy” often more in tune with China and Russia than with its nominal allies in NATO and the European Union. Now, for the first time in years, the country has been swept by a sense that change, though not imminent, is possible.

Persons: ”, Peter Magyar, Magyar, Viktor Orban, Orban Organizations: NATO, European Union Locations: Hungary, Felcsut, China, Russia

☆ McDonald's to end AI drive-through test with IBM
▼ + stars: | 2024-06-17 | by ( Kate Rogers | ) www.cnbc.com time to read: +4 min

The drive-through menu at a McDonald's restaurant showing various meal options and promotions, in Buttonwillow in Kern County, California, on 23, 2024. The fast-food giant will end a test run of its AI drive-through technology partnership with IBM in more than 100 restaurants. In a statement, McDonald's told CNBC it is not ruling out potential AI drive-through plans in the future, even though it ended the IBM partnership. In statement, IBM said it will work with McDonald's on "a variety of other projects" as the test ends. While McDonald's AI plans for the future are unclear, all eyes will be on Alphabet 's Google.

Persons: Mason Smoot, McDonald's, Sundar Pichai, Peter Saleh, Saleh Organizations: IBM, CNBC, McDonald's, Yum Brands, Mastercard, Google Locations: Buttonwillow, Kern County , California, Del Taco, Barcelona

☆ At this comedy show, tech workers are the butt of every joke
▼ + stars: | 2024-06-17 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +8 min

But comments like these are par for the course at Socially Inept, a comedy show hosted by former tech employees who make the audience — which is largely made up of tech workers themselves — the material. Socially Inept was founded by Jesse Warren and Austin Nasso, two former Big Tech employees. AdvertisementNasso, Oster, and Warren met through Seattle's comedy scene when Nasso and Warren worked Big Tech jobs in the city. It makes it seem like you're in on the joke, even when you're also kind of the butt of the joke. And for the most part, it seemed like tech workers in the audience were very self-aware and took their roasts in stride.

Persons: —, She's, Peter Jay Sharp, Jesse Warren, Austin Nasso, Nikita Oster, Boston —, Nasso, Oster, Warren, Masha Oster, — Warren, Justin Bieber, James Franco, Tom Brady, revel, they're Organizations: Service, Business, Flatiron District, Union Square Ventures, Google, Big Tech, Boston, Microsoft, SpaceX, Valley Bank, Army, eBay, Tech Locations: New York, Hudson, Manhattan, San Francisco , LA, Miami, Seattle, LA, hurtfulness

☆ Tony Awards 2024: See the full list of winners (Updating live)
▼ + stars: | 2024-06-16 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +8 min

CNN —The 2024 Tony Awards are underway at the David H. Koch Theater at Lincoln Center for the Performing Arts in New York City. Heading into the ceremony, Alicia Keys’ ambitious musical “Hell’s Kitchen” and “Stereophonic,” a play set in the ’70s about fictional band, led with 13 nominations each. Cast members from productions including “Cabaret at the Kit Kat Club,” “The Who’s Tommy,” “Water for Elephants” and the Hillary Clinton-produced “Suffs,” among others, are slated to perform. The Tony Awards are airing on CBS at 8 p.m. EDT/5 p.m. PDT and will stream on Paramount+ in the US. Here is a look at the full list of nominees, with winners indicated in bold, including those that were announced prior to the telecast.

Persons: Tony, David H, Oscar, Ariana DeBose, Billy Porter, Isabelle Stevenson Tony, Alicia Keys, ”, Kat, Tommy, Hillary Clinton, “ Mary Jane ”, “, Tommy ”, William Jackson Harper, “ Uncle Vanya ” Leslie Odom, Jr, Liev Schreiber, Jeremy Strong, Michael Stuhlbarg, Betsy Aidem, Republic ” Jessica Lange, ” Rachel McAdams, “ Mary Jane ” Sarah Paulson, Amy Ryan, Brody Grant, Jonathan Groff, Dorian Harewood, Brian d’Arcy James, Eddie Redmayne, Eden Espinosa, Maleah Joi Moon, Kelli O’Hara, ” Maryann Plunkett, ” Gayle Rankin, Will Brill, Eli Gelb, Jim Parsons, Tom Pecinka, Corey Stoll, Quincy Tyler Bernstine, Juliana Canfield, Celia Keenan, Bolger, Sarah Pidgeon, Kara Young, Roger Bart, Joshua Boone, Brandon Victor Dixon, Lynch, Daniel Radcliffe, Steven Skybell, Bean, Amber Iman, “ Lempicka, Nikki M, James, “ Suffs ” Leslie Rodriguez Kritzer, “ Monty Python’s, Kecia Lewis, ” Lindsay Mendez, Bebe Neuwirth, ” Kristoffer Diaz, ” Adam Rapp, Justin Levine “ Suffs, ” Shaina Taub, ” Rick Elice, Adam Guettel, David Byrne, Fatboy Slim, David Byrne “, Jonathan Clay, Zach Chance, Justin Levine, Will Butler “ Suffs, Shaina Taub, Derek McLane, ” David Zinn, Tatiana Kahvegian, Robert Brill, Peter Nigrini, Takeshi Kata, David Korins, Riccardo Hernández, Lempicka, Tim Hatley, Finn Ross, Tom Scutt, Dede Ayite, Enver Chakartash, Emilio Sosa, Linda Cho, David Israel Reynoso, Paul Tazewell, “ Suffs, Isabella Byrd, Amith, Republic ” Jiyoun Chang, Jane Cox, Natasha Katz, Brandon Stirling Baker, “ Illinoise, ” Natasha Katz, ” Bradley King, David Bengali, Brian MacDevitt, Hana S, Kim, Justin Ellington, Stefania Bulbarella, Leah Gelpe, “ Mary Jane ” Tom Gibbons, ” Bray, Will Pickens, Ryan Rumery, Cody Spencer, Kai Harada, Nick Lidster, Gareth Owen, Daniel Aukin, Anne Kauffman, “ Mary Jane ” Kenny Leon, Lila Neugebauer, Whitney White, Maria Friedman, Michael Greif, ” Leigh Silverman, Jessica Stone, Annie, Parson, Camille A . Brown, Rick Kuperman, Jeff Kuperman, Justin Peck, Jesse Robb, Shana Carroll, Timo Andres, ” Will Butler, Justin Craig, Matt Hinkley, Tom Kitt, Adam Blackstone, Jonathan Tunick Organizations: CNN, Koch, Lincoln Center, Performing Arts, CBS, Paramount, “ Patriots, Lakota, Jamestown, ” Bray Poor Locations: New York City, Hinton, Republic, “

CNN —China will provide a new pair of giant pandas to Australia, Premier Li Qiang said on Sunday, in the latest sign of warming relations between the two countries. He said China will send a new pair of giant pandas to the zoo in Southern Australia after its current pair return to China later this year, according to Chinese state media. Australia's Foreign Minister Penny Wong (left) shakes hands with China's Premier Li Qiang as South Australian Premier Peter Malinauskas looks on at Adelaide Zoo on June 16, 2024. Giant pandas Wang Wang and Fu Ni, the only pandas in the southern hemisphere, have been on loan to Adelaide Zoo since November 2009. “They have become envoys of friendship between China and Australia, and a symbol of the profound friendship between the two peoples,” Li said in the statement.

Persons: Premier Li Qiang, Li, Scott Morrison’s, Penny Wong, Peter Malinauskas, Asanka, Wang Wang, Fu Ni, China’s, ” Li Organizations: CNN, Premier, Adelaide Zoo, ABC, Labor, Australia's, South Australian, Beijing –, Xinhua, China’s Foreign Ministry, “ Locations: China, Australia, Southern Australia, Beijing

☆ How a ‘Committed Partisan Warrior’ Came to Rethink the Political Wars
▼ + stars: | 2024-06-15 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Once, after he executed a particularly tough-minded legal attack on Republicans, Bob Bauer remembers, a conservative magazine called him an “evil genius.” He took it as a compliment. Mr. Bauer was their man. But now Mr. Bauer, the personal attorney for President Biden and previously the White House counsel for President Barack Obama, is looking back and rethinking all that. Maybe, in taking the “genius” part to heart, he should have been more concerned about the “evil” part. And in the process of thinking about what went wrong, Mr. Bauer, who calls himself a “committed partisan warrior,” has stopped to wrestle with his own role in the wars.

Persons: Bob Bauer, ”, “, Bauer, Biden, Barack Obama Organizations: White

☆ China wants a fleet of aircraft carriers for pride and power, and it's building it at a breakneck pace
▼ + stars: | 2024-06-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Read previewChina is building a fleet of aircraft carriers, making technological and capability jumps at a breakneck pace. An aerial drone photo taken on May 1, 2024 shows China's third aircraft carrier, the Fujian, during its maiden sea trials. The aircraft carrier USS Gerald R. Ford transits the Strait of Gibraltar, Jan. 5, 2024. For China, having aircraft carriers allows it to enjoy many of those perks. A composite image shows the American flag flying near the bridge of the US Navy's first-in-class aircraft carrier USS Gerald R. Ford and the Chinese flag flying near China's aircraft carrier Shandong.

Persons: —, Pu, would've, Matthew Funaiole, Xi Jinping, Kyle Amonson, Dane Egli, Xi, Funaiole, Gerald R, Navy Petty, Jacob Mattingly, Trenton, Li Gang, Cmdr, Michael Dahm, Peter W, Singer, Guy Snodgrass Organizations: Service, Business, Ford, Getty, China Power, Center for Strategic, International Studies, Jiangnan Shipyard, Getty Images, People's Liberation Army, Communist Party, US Coast Guard, Pacific Affairs, Chinese Communist Party, US Navy, Navy, DoD Aircraft, South China Seas, Pacific, Communication, Trenton Edly, US, New America, Defense, PLA Navy's Locations: China, Fujian, Shandong, Liaoning, Xinhua, Getty Images China, Taiwan, People's Republic of China, Gibraltar, Jan, South, Beijing

☆ Biden Team Set to Raise Record $28 Million at Hollywood Fund-Raiser
▼ + stars: | 2024-06-15 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden’s campaign expects to collect more than $28 million at a gala Los Angeles fund-raiser packed with celebrities on Saturday night in a Hollywood show of force. Air Force One was expected to land in Washington only long enough to refuel for the continuing flight. The travel across 10 time zones illustrated the competing presidential and political demands on Mr. Biden’s time as the campaign against former President Donald J. Trump accelerates. Aides said the taxing schedule made clear that even at age 81, he still demonstrates the endurance to manage his many duties. The $28 million haul anticipated from Saturday’s event was set to break a party record, overtaking the $26 million Democrats brought in from a fund-raiser in March in New York featuring Mr. Biden along with Mr. Obama and former President Bill Clinton.

Persons: Biden’s, Biden, Barack Obama, George Clooney, Julia Roberts, Jimmy Kimmel, Donald J, Trump, Obama, Bill Clinton Organizations: Jimmy Kimmel . Air Force, Mr Locations: Los Angeles, Italy, Washington, New York

☆ A plane disappeared in 1971 and experts believe they’ve found it in Lake Champlain
▼ + stars: | 2024-06-15 | by ( Kaila Nichols | ) edition.cnn.com time to read: +7 min

The crash site was never found, but over the years she held out hope it would be uncovered, steadily accumulating newspaper clippings and documents related to the case. There was no mayday or communication from the jet, Kozak says. Courtesy Garry KozakKozak first learned of the plane crash from a friend in the 1980s. Now that the crash site was found, the National Transportation Safety Board will make its evaluation to confirm it’s the right aircraft. While the crash site may have been found, it’s important to the passengers’ children the next generation also knows about their fathers.

Persons: Kristina Nikita Coffey, Barbara Nikitas, searcher, George Nikita, Garry, ” Nikitas, Nikita Coffey, “, ”, “ I’ve, Garry Kozak, Kozak, Donald Myers, Robert R, Williams, Frank B, Wilder, Kirby Windsor ., Garry Kozak Kozak, ” Kozak, I’ve, Frank K, ” Wilder, Nikitas, Charles C, Robert Williams, III, ” Williams, That’s, “ It’s, it’s, ” Nikita Coffey, Peter C, Knudson Organizations: CNN, National Transportation, Federal Aviation Administration, NTSB Locations: Lake Champlain, Vermont, Burlington , Vermont, Providence , Rhode Island, Juniper, Burlington

☆ Opinion: The fanatical Hamas leader who calls the shots
▼ + stars: | 2024-06-14 | by ( Peter Bergen | ) edition.cnn.com time to read: +7 min

CNN —In February, the Israeli Defense Forces released a grainy video showing the back of a man they identified as Yahya Sinwar, Hamas’ leader in Gaza. Since the video didn’t show Sinwar’s face, there was no independent confirmation that the shadowy figure was indeed the Hamas leader. Former Israeli dentist Yuval Bitton, who treated Hamas leader Yahya Sinwar in an Israeli prison, speaks during an interview in his house in Kibbutz Shoval, Israel, February 5, 2024. While he was in prison, Sinwar admitted that he had killed several Palestinians who he believed were collaborating with the Israelis. While he was in prison, Sinwar became the leader of his fellow Hamas inmates, according to The Washington Post.

Persons: Peter Bergen, ”, Osama bin Laden, CNN —, Yahya Sinwar, It’s, Sinwar, Ali Jadallah, Joe Biden, hasn’t, ” Sinwar, Yuval Bitton, Amir Cohen, Bitton, Peter Bergen Sinwar, Biden, Antony Blinken, “, Gilad Shalit Organizations: New, Arizona State University, Apple, Spotify, CNN, Israeli Defense Forces, Anadolu Agency, Getty, Hamas, Wall Street, New York Times, Reuters, Israel Hayom, The Washington Post, Sinwar, Israel, Gaza Health Ministry Locations: New America, Gaza, Israel, Gaza City, East, Kibbutz Shoval, Israeli

☆ Opinion | Larry Summers Isn’t Second-Guessing the Government on Inflation
▼ + stars: | 2024-06-14 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Interest payments aren’t counted in the inflation rate. I get lots of mail from people saying the absence of interest rates from the Consumer Price Index seems like sleight of hand by the government, the economics profession or both. So I probably won’t win a lot of friends by saying that I think the way the government economists do things is correct. But when they’re right, they’re right. I’ll grant that higher interest payments do feel just as inflationary as higher prices for ice cream, bowling balls and haircuts.

Persons: Lawrence Summers Organizations: Consumer, Treasury, Harvard

☆ Maker of Jeep and Dodge plans to kill chrome on cars, citing risks to those who make it
▼ + stars: | 2024-06-14 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +8 min

Southern California boasts the highest concentration of chrome plating shops in America and regulators in that state have been requiring those methods for years. But California is now moving toward an outright ban on chrome plating using hexavalent chromium while offering funding for chrome platers to transition to other methods. In 2019, green slime oozing out onto a highway near Detroit was found to be hexavalent chromium leaking from a nearby business. “We are also using light as the new chrome,” VW said in a statement shared with CNN. “Chrome peaked in the ’50s with the big American land yachts and stuff with giant chrome bumpers and giant chrome grills.

Persons: CNN —, It’s, ”, Leslie Kendall, Stellantis, it’s, Ralph Gilles, Gilles, Christian Richter, “, ” Gilles, ‘, ’, Bentley –, VW, Peter Valdes, Petersen, Kendall, we’ve Organizations: CNN, Petersen Automotive Museum, Fiat, Maserati, California Air Resources Board, Chrysler, Occupational Safety, Health Administration, National Association, EPA, OSHA, Chrysler Pacifica, Chrysler Pacifica Limited, Volkswagen, VW Group, Audi, Bentley, VW, “ Locations: Los Angeles, United States, Europe, Southern California, America, California, Detroit, Michigan, NASF

☆ The Line in Neom is a 'completely ludicrous' design with no purpose, a Middle East-focused professor says
▼ + stars: | 2024-06-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Read previewThe Line — a part of Neom that comprises two mirrored skyscrapers — is one of the most famous regions of the planned megacity. Andreas Krieg, a Gulf specialist at the Institute of Middle Eastern Studies at King's College London, called plans for The Line "completely ludicrous." "The Line is a project that is not sustainable; it's a completely ludicrous megaproject that was never realizable because of the sheer cost of it," he told Business Insider. Executives working on Neom reportedly have dismissed the official Suadi figure of $500 billion as unrealistically low. "The world has never seen anything like The Line," Krieg said.

Persons: —, Andreas Krieg, Krieg, Neom, Peter Cook Organizations: Service, Business, Institute of Middle Eastern, King's College London, Bloomberg, Wall Street, Architects Locations: Neom, Saudi, Gulf, British

☆ ‘House of the Dragon’ Review: Waiting for the Fire Breathers
▼ + stars: | 2024-06-14 | by ( Mike Hale | ) www.nytimes.com time to read: +1 min

Diplomacy versus violence. Dignity versus unbridled passion. Wait, wasn’t this supposed to be about dragons? HBO sent critics four of the eight episodes of the second season of “House of the Dragon,” its “Game of Thrones” spinoff. Martin) have traditionally used palace intrigue leavened with sex to fill the gaps between expensive scenes of mass violence and close-up dragon action.

Persons: George R.R, Martin, Peter Dinklage, stylishly, Lena Headey, Charles Dance, Jonathan Pryce Organizations: HBO, “, Rivals

☆ A new plane Ukraine is getting will amplify its F-16s and eat into Russia's advantage in the air, experts say
▼ + stars: | 2024-06-14 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe arrival of a new type of aircraft for Ukraine will give it an advantage it's not had before, and will help boost the effectiveness of its promised F-16s, experts told Business Insider. Sweden announced late last month that it is giving Ukraine two ASC 890 airborne control and surveillance aircraft, which act as command centers in the air. They remain highly vulnerableDuring the war, Russia has been using its own A-50 Airborne Early Warning & Control aircraft to monitor Ukraine's air space and coordinate attacks. AdvertisementThe experts said hanging back is also likely the best approach for Ukraine's first F-16s, so the jets can protect cities and infrastructure while staying away from most of Russia's weaponry.

Persons: —, it's, Ukraine Tim Robinson, Pal Jonson, Jose Miguel T, Mark Cancian, Peter Layton, Alexander Zemlianichenko, Layton, Cancian Organizations: Service, Ukraine, Business, UK's Royal Aeronautical Society, Swedish, US Air Force, Marine, Center for Strategic, International Studies, Griffith Asia Institute, Royal Australian Air Force, Control, AP, Aircraft Locations: Ukraine, Sweden, Swedish, Russia, Denmark, Netherlands, Norway, Belgium

☆ Mavericks obliterate Celtics by historic margin in Game 4 to avoid NBA Finals sweep
▼ + stars: | 2024-06-14 | by ( Joe Vardon | ) www.nytimes.com time to read: +7 min

The 38-point margin of victory is the third-largest in NBA Finals history. Advertisement“We had to play our A game — it was this or we go on vacation,” Dallas coach Jason Kidd said. The Mavericks trail 3-1, and no team has ever come back to win an NBA playoff series after losing the first three games (0-for-156; 0-for-14 in the finals). Only three halftime deficits are larger than those 26 points in the history of the NBA finals. Do it the next one.”Dereck Lively II was huge off the bench for Dallas in the Game 4 win!

Persons: Luka Dončić, ” Dallas, Jason Kidd, ”, ake Organizations: DALLAS, Dallas Mavericks, NBA, Dallas, Mavericks, Boston Celtics, LUKA DONCIC 🔥 Locations: lier

☆ Luxury developer Michael Shvo has big plans. Bitter disputes and a soft real estate market threaten to thwart them.
▼ + stars: | 2024-06-13 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +15 min

Amid the whirlwind of activity, the 51-year old, Israel-born executive has presented himself as a real estate visionary with a personal preference for all-black attire and a taste for luxury brands. BVK recently hired the residential brokerage firm Corcoran Group to complete a market study of the Fifth Avenue project, a person who viewed the report said. Miller noted he did not have direct knowledge of the situation at 685 Fifth Avenue. At 685 Fifth Avenue, he recently marked down prices for some of the units. In contrast, the Shore Club, which is being built by the New York real estate developer Steve Witkoff just a few hundred yards away from the Raleigh has pre-sold briskly.

Persons: —, Michael Shvo, Shvo, Peter Marino, Norman Foster, Renzo Piano, BVK, Corcoran, Jonathan Miller, Miller Samuel, Miller, Pam Liebman, Corcoran's, Truist, Michael Lirtzman, Akuna, Lirtzman, I've, Scott Wadler, Wadler, Jed Jacobsohn, John Goodman, Diane, –, Goodman, profanely, Serdar, Shvo's, Bilgili, Deutsche Finance didn't, Alex Miranda, I'm, Steve Witkoff, Morgan Chase Organizations: Service, Bayerische, Deutsche Finance, Business, GFI, Group, Shvo, Wabash, Akuna, Colliers, Wabash –, Raleigh, Core, New York State, Noë, Associates, West, Bilgili, BVK, Shore Club, New Locations: New York, Manhattan's Plaza, Los Angeles, Miami Beach, Raleigh, Israel, Wilshire, LA, Manhattan, Chicago, Miami, Paris, South Florida, San Francisco, Manhattan's, Turkish, BVK, Wabash, Shvo, Munich

☆ Fears are rising ocean freight rates may surpass $20,000 with no relief for global trade into 2025
▼ + stars: | 2024-06-13 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

Goetz Alebrand, head of ocean freight at DHL Global Forwarding Americas, said he is not optimistic freight rates will decline anytime soon. "It is unlikely that the situation will resolve itself soon and [ocean freight] rate levels might not ease up before Chinese New Year," Alebrand said. Air freight prices and demand are going higher According to freight intelligence firm Xeneta, China to North America air freight spot rates increased 43%, to $4.88 per kilogram, year-on-year in May. According to ocean freight data from FreightWaves SONAR, container bookings and freight orders from shippers to the ocean carriers are down 48% month-over-month. Xeneta data tracking ocean freight rates from the Far East to the U.S. East Coast, West Coast and Gulf Coast ports shows the historic run.

Persons: Joe Giddens, Paul Brashier, Brashier, Goetz Alebrand, Alebrand, Alan Murphy, Murphy, Peter Boockvar, Boockvar, We've, Nate Herman, Xeneta, Daniel Ives, Niall van de, van de, Good Hope Organizations: Federal Reserve, CNBC, ITS Logistics, DHL Global, Intelligence, Defense Intelligence, U.S ., Bleakley Financial, American Apparel and Footwear Association, Global, ", Apple, Wedbush Securities, Trade, Good Locations: Asia, Europe, Sea, Red, Africa, Shanghai, Rotterdam, Genoa, U.S . West Coast, East Coast, U.S, China, North America, U.S . East Coast , West Coast, Gulf Coast

☆ Oil prices hold firm, on pace for weekly gain, as inflation appears to ease in U.S.
▼ + stars: | 2024-06-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Oil prices have gained about 4% this week, recovering from a sell-off last week on an OPEC+ plan to increase production in the fourth quarter. Oil market analysts generally viewed the sell-off as an overreaction. Lower interest rates typically boost economic growth and lift crude oil demand. The U.S. reported a surprise oil stockpile build of 3.7 million barrels, whereas analysts had expected inventories would fall. A growing number of analysts see the oil market tightening at least through the third quarter before loosening in 2025.

Persons: Tamas Varga, " Varga, Peter Low Organizations: Fed, Labor Department, U.S Locations: U.S, OPEC

☆ Waymo recalls driverless cars to make them less likely to drive into poles
▼ + stars: | 2024-06-13 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Waymo issued a recall for its 672 driverless cars to make them less likely to drive into telephone poles. The recall follows a May 21 accident in Phoenix, Arizona, in which a Waymo driverless car hit a telephone pole that was installed in the roadway in an alley. The vehicle was pulling over to pick up a passenger when it struck the pole at low speed, according to Waymo. While the car was severely damaged, no one was hurt, according to documents Waymo filed with the National Highway Traffic Safety Administration. The recall applies only to the fleet of modified Jaguar I-Pace SUVs Waymo owns and operates itself.

Persons: CNN — Waymo, Waymo Organizations: CNN, National, Traffic Safety Administration, Pace, Waymo, Traffic Administration, Google Locations: Phoenix , Arizona, Phoenix , Los Angeles, San Francisco

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