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☆ Roaring Kitty becomes the 4th largest GameStop shareholder after nearly doubling his position to 9 million shares
▼ + stars: | 2024-06-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Keith Gill appears to have nearly doubled his GameStop position to nine million shares. AdvertisementKeith Gill, better known as Roaring Kitty on social media, appears to have nearly doubled his position in GameStop stock. With Gill's massive options position in the money, he partially sold the options and exercised some to acquire an additional 4 million shares at $20 each. He was briefly worth nearly $1 billion when GameStop stock soared to more than $60 in after-hours trading last week. Gill's nine million shares in GameStop are slightly ahead of the 8.3 million shares owned by State Street and behind the more than 20 million shares BlackRock, Vanguard, and GameStop CEO Ryan Cohen each hold.

Persons: Keith Gill, Gill, —, Ryan Cohen, Reddit Organizations: GameStop, Service, State Street, BlackRock, Vanguard, SEC

☆ Steve Jobs' widow, Laurene Powell Jobs, just spent $94 million on her 4th Malibu property in 10 years
▼ + stars: | 2024-06-13 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Laurene Powell Jobs has dropped millions of dollars on four adjacent oceanside properties in Malibu. The billionaire investor recently spent $94 million on a property, the LA Times reported. AdvertisementLaurene Powell Jobs, the billionaire investor and widow of the Apple founder Steve Jobs, recently dropped $94 million on a prime oceanfront property in Malibu, California, the Los Angeles Times reported. The Paradise Cove plot is the latest addition to Powell Jobs' growing portfolio of properties in one of the country's most affluent neighborhoods. Since 2015, Powell Jobs has spent more than $170 million on neighboring Malibu properties in an apparent effort to build a sprawling compound on some of Southern California's most expensive cliffs.

Persons: Laurene Powell Jobs, —, Steve Jobs, Powell Jobs Organizations: LA Times, Service, Apple, Los Angeles Times, Business Locations: oceanside, Malibu, Paradise, Malibu , California, Southern

☆ Titian masterpiece once found at London bus stop could sell for $32 million
▼ + stars: | 2024-06-13 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

London CNN —A twice-stolen painting by Italian Renaissance master Titian, which was once found in a plastic bag at a bus stop in London, is expected to fetch as much as $32 million at auction in July. “The Rest on the Flight into Egypt” is going under the hammer at Christie’s with an estimate of £15 million-£25 million ($19 million-$32 million), according to a statement from the auction house. The painting depicts Jesus, Mary and Joseph resting on their way to Egypt after learning that Herod, King of Judea, wanted to kill the young Christ. Titian, whose real name was Tiziano Vecellio, made the work in the first decade of the 16th century, at the beginning of his career. In 1995, it was stolen from Longleat, the home of Thynne’s descendants, and disappeared for seven years, before it was found at a bus stop in London by art detective Charles Hill.

Persons: London CNN —, Titian, Egypt ”, Jesus, Mary, Joseph, Herod, King of Judea, Tiziano, John Alexander Thynne , 4th Marquess of Bath, Charles Hill, archdukes, ” Christie’s Organizations: London CNN, Italian, Napoleonic Locations: London, Egypt, Vienna, Paris, Wiltshire, England, Christie’s

☆ Starship lands in the ocean with its engines firing for the first time, bringing Elon Musk one step closer to Mars
▼ + stars: | 2024-06-06 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Super Heavy landed in the Gulf of Mexico minutes after lift-off. A screengrab from SpaceX's livestream of the June 6, 2024 launch shows Starship sitting atop its Super Heavy booster on the launchpad. One of the engines on SpaceX's Super Heavy booster was not lit during its fourth launch. SpaceX reaches a major new milestone by landing its Super Heavy booster in the Gulf of Mexico. SpaceXOn its next flight, SpaceX might attempt to catch the Super Heavy booster with giant "chopsticks" on its Texas launch tower.

Persons: —, Elon Musk's, Musk, Starship Organizations: Service, Super, Business, SpaceX, Starship, Starship's, of, NASA Locations: Gulf, Mexico, SpaceX's, Texas, Gulf of Mexico, Boca Chica , Texas

☆ Kremlin denies Olympics disinformation campaign, calls Microsoft allegation slanderous
▼ + stars: | 2024-06-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Kremlin spokesman Dmitry Peskov attends the 8th Russian-Chinese EXPO and the 4th Russian-Chinese Forum on Interregional Cooperation in Harbin, China, May 17, 2024. Sergei Bobylyov | Via ReutersThe Kremlin denied an allegation that it is waging a disinformation campaign against France, its president and the 2024 Olympic Games in Paris. The Microsoft Threat Analysis Center, or MTAC, said Sunday that "Russia is ramping up malign disinformation campaigns against France, French President Emmanuel Macron, the International Olympic Committee (IOC), and this summer's Olympic Games in Paris." On Tuesday, Kremlin press secretary Dmitry Peskov characterized the MTAC's accusations against Russia as slander, news agency RIA Novosti reported. Russian President Vladimir Putin claimed Ukraine's losses are eight times higher than those of Russia during an interview with Chinese media.

Persons: Dmitry Peskov, Sergei Bobylyov, Emmanuel Macron, Peskov, Macron, Vladimir Putin, Ludovic Marin Organizations: Interregional Cooperation, Reuters, Kremlin, France, Microsoft, International Olympic Committee, IOC, RIA Novosti, Olympic Games, Russian, NATO, Afp, Getty Locations: Russian, Harbin, China, Paris, Russia, France, Ukraine, Belarusian

☆ I'm a British mom living in the US. In the UK kids get a shorter summer break and have mandatory uniforms.
▼ + stars: | 2024-06-03 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

It's difficult to compare public school systems forensically because of the countries' vastly different populations and government infrastructures. However, feedback from my British friends has convinced me that the setup in the UK is more user-friendly for kids and parents. Kids in the UK start school as young as 4By law, children in the UK enter the publicly-funded British school system as young as 4. Kids wear uniformMost government-run schools in the UK require students to wear a school uniform. The protocols contrast those in the US, where most public school kids can wear what they want to class — albeit within reason.

Persons: — Organizations: Service, Business, Navy Locations: PISA, New York, Britain, Lululemon

☆ BofA investment chief reveals his 2nd-half playbook: Buy dips in bonds, and sell stocks after the first rate cut
▼ + stars: | 2024-06-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Investors should buy dips in bonds and sell stocks after the Fed's first interest rate cut, according to Bank of America. The call from Bank of America investment strategist Michael Hartnett is a reversal of his "anything but bonds trade." The Federal Reserve is expected to cut interest rates in the second half of the year. AdvertisementBank of America investment strategist Michael Hartnett is shaking up his trading playbook for the second half of the year. In a note on Friday, Hartnett recommended investors buy dips in bonds and sell stocks after the Federal Reserve makes its first interest rate cut.

Persons: Michael Hartnett, —, Hartnett Organizations: Bank of America, Federal, Service, Federal Reserve, ABB, UST, PMI, Fed

☆ Swing-district Republicans in New York decried Trump's conviction. It could cost them politically.
▼ + stars: | 2024-06-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor GOP lawmakers on Capitol Hill, former President Donald Trump continues to wield immense power over their political futures. AdvertisementFormer President Donald Trump at his criminal hush-money trial in New York. But in a decidedly Democratic state like New York, Biden is likely to gain some ground ahead of the election. AdvertisementAcross the country, suburban voters were already turning away from Trump even before his conviction — as former UN Ambassador Nikki Haley has continued to win significant blocs of GOP voters even after suspending her presidential campaign in March.

Persons: —, Donald Trump, Trump, Stormy Daniels, Marc Molinaro, Anthony D'Esposito, Biden, Steven Hirsch, Mike Lawler, Attorney Alvin Bragg, Letitia James, Kathy Hochul, hyperpartisan, Nick LaLota, Hochul, Robert F, Kennedy Jr, it's, Nikki Haley Organizations: Service, Capitol, Business, Republicans, New York Police Department, Attorney, hyperpartisan New York Democrats, GOP, New York State, Emerson, Trump, Republican, New York House Republicans Locations: New York, New York City, Hudson, Manhattan, D'Esposito's, Democratic, Long, Trump

☆ Gold flat ahead of U.S. data, but set for 4th straight monthly gain
▼ + stars: | 2024-05-31 | by ( ) www.cnbc.com time to read: +2 min

One kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead of a key U.S. inflation reading that could provide more indications on how the Federal Reserve might proceed with rate cuts later this year. Bullion prices are up 0.3% so far this week and 2.5% so far in the month. Spot silver fell 0.8% to $30.95 per ounce, but was set for its biggest monthly gain since July 2020. Platinum was down 0.2% at $1,021.94 and palladium lost 0.2% to $945.56.

Persons: Kyle Rodda, Yeap Jun Rong Organizations: Co, Federal Reserve Locations: Bangkok, Thailand, U.S

☆ US returns $80 million-worth of stolen artifacts to Italy
▼ + stars: | 2024-05-28 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

Bogdanos said the $80 million of items does not include a further 100 items his team has just seized in the US. That means that, in addition to the items themselves, their historical context was stolen, robbing archaeologists of valuable information. Most of the recent items returned to Italy were dug out of clandestine excavations or stolen from churches, museums and private individuals, Gargaro said. Italy’s Carabinieri Cultural Heritage Protection unit uses artificial intelligence to search for stolen cultural assets. Italy’s Carabinieri Cultural Heritage Protection unit uses artificial intelligence to search for stolen cultural assets under a new program called “Stolen Works Of Art Detection System” (SWOADS), which searches for taken items by scanning the web and social media for images.

Persons: Rome, Matthew Bogdanos ’, Emanuele Antonio Minerva, Bogdanos, Francesco Gargaro, ”, Gargaro, Gianmarco Mazzi Organizations: Rome CNN, Central Institute, New, The, CNN, Cultural Heritage Locations: Rome, Manhattan, Italy, Lazio, Campania, Puglia, Calabria, Sicily, New York, United States, York, “

☆ Opinion: Alito’s second red flag
▼ + stars: | 2024-05-26 | by ( Kirsi Goldynia | ) edition.cnn.com time to read: +18 min

This is not the first time Alito has found himself in hot water over displaying a controversial flag on his property. The upside-down flag, a signal of distress, was adopted by Trump supporters who believed the false claim that the election had been stolen. (Alito said his wife had raised the upside-down flag in response to a disagreement with a neighbor. The discovery also comes at a time when the Supreme Court will be making a decision about Trump’s claims of sweeping presidential immunity, his get-out-of-jail-free card for the federal cases he faces. “The notion that the Supreme Court can be trusted to be an arbiter above partisan politics has suffered major blows in recent years.

Persons: ”, Scott Peck, Samuel Alito, “, Alito, Joe Biden’s, Trump, Julian Zelizer, Walt Handelsman, Michael J, Broyde, Ruth Bader Ginsburg, Donald Trump, ‘, ’, ” Nikki Haley’s, Nikki Haley’s, Nikki Haley, Haley, Nancy Pelosi, She’s, Joe Biden ‘, I’ve, ” Clay Jones, Drew Sheneman, Judge Juan Merchan, Robert Costello, Michael Cohen, Norm Eisen, Costello, ’ Merchan, cautioning, …, Eisen, Sunak, Rishi Sunak, Henry Nicholls, Holly Thomas, Sunak —, Thomas, Joel Pett, Adolf Hitler, Ruth Ben, Hitler, Benito Mussolini, Said Ben, Anna Sauerbrey, Sauerbrey, Biden, America —, Richard Curtis ’, Julia Roberts, Hugh Grant, Laura Beers, it’s, —, Ebrahim Raisi, Frida Ghitis, Ali Khamenei, Peter Kuper, Cagle, “ I’m, What’s, Benjamin Netanyahu, Yoav Gallant, Yahya Sinwar, Mohammed Diab Ibrahim al, Masri, Ismail Haniyeh, Peter Bergen, ” Netanyahu, Israel’s, Netanyahu, Kerri Kennedy, Biden “, Israel, ” Don’t, Agency Carrie Sheffield, Noah Berlatsky, Singleton, Biden’s Morehouse, Jill Filipovic, Diddy, Cassie Ventura, Catherine Tan, Shanahan, Brian Castrucci, Frank Luntz, Mark Zandi, Trump Will Cathcart, Joyce M, Davis, Bill Maher, Jimmy Kimmel, Randy Holmes, Bill, ” Nicole Hemmer, Said Will, Maher, Hemmer, ” “ Maher, It’s Organizations: CNN, New York Times, Agency, Trump, South Carolina Gov, Republican, NHS, Labour, Tory, Social, Italiana, European Union, ”, Islamic, Education, Workforce, Harvard, University of California, Columbia University, Columbia, Criminal Court, ICC, Israeli, International Court of Justice, United Nations Security, American Friends Service Committee, RFK, Disney, Entertainment, Democrats Locations: Alito’s Virginia, New Zealand, AFP, ”, England, Trump’s America, America, Italian, Germany, Poland, France, Berlin, Hill, American, British, London, Notting Hill, Iran, Republic of Iran, Islamic Republic, University of California Los Angeles, Gaza, United Kingdom, Rafah, Georgia’s, Moscow, Africa

☆ Biden has a plan to lower gas prices. It’s filled with caveats
▼ + stars: | 2024-05-24 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

Road trips, in particular, are expected to set a record, which could send gas prices higher. But, just as a US president cannot solely take the blame for surging oil prices, nor can he or she, in most cases, be entirely credited for steadying prices. “This is a non-starter and won’t do much to lower gas prices,” GasBuddy’s Patrick DeHaan said. In the wake of Russia’s invasion of Ukraine in 2022, Biden attempted to stem rising oil prices by authorizing the release of 180 million barrels of oil in coordination with US allies overseas. Gas prices have remained steady in recent weeks after rising sharply at the end of winter.

Persons: Biden, Jennifer Granholm, –, ” GasBuddy’s Patrick DeHaan, Obama’s, Sandy, Tom Kloza, ”, Kloza, Matt Egan Organizations: CNN, AAA, Federal Aviation Administration, Gasoline Supply, ”, Congress, US Energy Information Administration, US Department of Energy, Oil Price Information Service Locations: New York, Maine, Ukraine

☆ Summer movie preview 2024: Sequels, some superheroes and more sequels are upon us
▼ + stars: | 2024-05-24 | by ( Dan Heching | ) edition.cnn.com time to read: +19 min

‘Summer Camp’ (May 31)Kathy Bates, Diane Keaton and Alfre Woodard in "Summer Camp." The movie, costarring Vanessa Hudgens, follows 2020’s “Bad Boys for Life” (it seems that title’s promise didn’t quite stick). The film looks dutifully creepy, and stars the talented Dakota Fanning (“Ripley”) as an artist who finds herself in a strange forest in Ireland. ‘Cuckoo’ (August 2)Hunter Schafer in “Cuckoo.” NEONStarring “Euphoria’s” Hunter Schafer in her first lead film role, this horror film looks positively creepy and a bit, well, cuckoo. ‘Blink Twice’ (August 23)A scene from “Blink Twice.” MGMJam packed with a starry cast, “Blink Twice” looks like a perfect late summer movie – attractive people, elaborate action sequences, and mindless mayhem.

Persons: Tom Burke, Anya Taylor, Joy, “, Max, ” Jasin Boland, Warner Bros . Pictures George Miller’s, Mad Max, Max Saga ”, Charlize Theron, ’, Furiosa, Chris Hemsworth, ‘, Garfield, Chris Pratt, Mario, “ Garfield, ”, Pratt, Samuel L, Jackson, Ving Rhames, Nicholas Hoult, Ted Lasso’s ” Hannah Waddingham, Brett Goldstein, Cecily Strong, Bowen Yang, ‘ Ezra ’, Robert DeNiro, Boby Cannavale, William A, Fitzgerald, “ Ezra, ” Wayferer, Robert De Niro, Bobby Cannavale, Rose Byrne, Whoopi Goldberg, Vera Farmiga, Tony Goldwyn, Ezra, Lokiz, Kathy Bates, Diane Keaton, Alfre Woodard, Quantrell Colbert, Eugene Levy, ” Keaton, Martin Lawrence, Will Smith, Frank Masi, Sony Pictures Will Smith, costarring Vanessa Hudgens, Georgina Campbell, Dakota Fanning, “ Ripley, Franka Potente, Tom Tykwer, “ Lola ”, –, Marks, Lola, Pixar’s Oscar, Riley, Amy Poehler, Maya Hawke, Stephen Fry, Lena Dunham, “ Wilde, Hong Chau, Jesse Plemons, Atsushi Nishijima, Oscar, Emma Stone, Yorgos Lanthimos, ” costarring Willem Dafoe, Margaret Qualley, Joe Alwyn, Mamoudou, Hunter Schafer, Jodie Comer, Austin Butler, Kyle Kaplan, Elvis, Butler, Costarring Tom Hardy, ‘ Thelma ’, Squibb, Fred Hechinger, Thelma, “ Thelma ”, Lupita, Gareth Gatrell, John Krasinski’s, Lupita Nyong’o, Joseph Quinn, Hounsou, Jamie Campbell Bower, Kevin Costner, Richard Foreman, Warner, ” Kevin Costner, Steve Carell’s, Well Ferrell, Mia Goth, Halsey, ” Justin Lubin, MaXXXine ”, Pearl ”, Elizabeth Debicki, Michelle Monaghan, Lily Collins, Giancarlo Esposito, Kevin Bacon, Scarlett Johansson, Channing Tatum, Dan McFadden, maven, Woody Harrelson costars, Longlegs ’, Maika Monroe, Nicolas Cage, Daisy Edgar, Jones, Anthony Ramos, Glen Powell, Melinda Sue Gordon, Bill Paxton, Helen Hunt, ‘ Deadpool, Ryan Reynolds, Hugh Jackman, Wolverine, Logan, Deadpool, Dìdi ’, Izaac Wang, “ Didi, ‘ Harold, Rel Howery, Benjamin Bottani, Zachary Levi, Harold, Hopper Stone, Crockett Johnson, “ Harold ”, “ Euphoria’s ” Hunter Schafer, Schafer, Dan Stevens, David “, ” Giraudy, Sean San José, Colman Domingo, “ Rustin, ” Colman Domingo, Domingo, ‘ Kneecap ’, ” Curzon, that’s, Michael Fassbender, Josh Hartnett, Ariel Donoghue, Sabrina Lantos, hasn’t, Taylor Swift, Justin Baldoni, Blake Lively, Nicole Rivelli, Colleen Hoover, Costarring Justin Baldoni, Jenny Slate, Hasan Minhaj, Cate Blanchett, Ariana Greenblatt, Kevin Hart, Florian Munteanu, Jamie Lee Curtis, they’re, “ Barbie, Romulus ’, David Jonsson, Andy, Romulus, Fede Alvarez, Priscilla ”, Spaeny –, Sigourney Weaver, Elliot Page, ” Elliot Page, Sam, Costarring Hillary Baack, Wendy Crewson, Channing Tatum’s, Naomi Ackie, Alia Shawkat, Kyle MacLachlan, Christian Slater, Haley Joel Osment, Geena Davis, Zoë Kravitz, Bill Skarsgard, Larry Horricks, Brandon Lee, James O’Barr, soulmate Shelly, Casey Affleck, Laurence Fishburne, Bleecker, Bleecker Street Laurence Fishburne, Saturn, ‘ Reagan ’, Dennis Quaid, Reagan, Rawhide Pictures Dennis Quaid, Ronald Reagan, Penelope Ann Miller, Nancy Reagan Organizations: CNN, Labor, Warner Bros . Pictures, Fury, Garfield, Mario Bros, Academy, ”, Sony Pictures, Warner Bros, Apple, Pixar, Searchlight, Magnolia Pictures, Squibb, “ Nebraska, Paramount Pictures, “, Sony, FBI, Lambs, Universal Pictures, Marvel, Century Fox, Disney, Columbia, Sundance, Warner Bros ., Lionsgate, Galaxy, Oscar, MGM, Bleecker Street, Rawhide Pictures Locations: Hollywood, New York City, Ireland, Berlin, “, Poland, Hong, 60s Chicago, “ MaXXXine, “ Longlegs, New York State, ‘, United States

☆ 'AI revolution just getting started': Here's what Wall Street is saying about Nvidia's 1st-quarter earnings blowout
▼ + stars: | 2024-05-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Nvidia stock soared 9% on Thursday to record highs after its reported earnings. The company defied analyst expectations yet again, and said that demand for its AI chips continues to outstrip demand. Wall Street analysts were impressed by the results, with a slew of price target increases hitting the tape Thursday morning. Wedbush: "AI revolution just getting started"Analysts at Wedbush said the "AI gold rush" is just getting started as a "tidal wave" of spending on AI chips hits the entire tech sector. The AI Revolution starts with Nvidia and in our view the AI party is just getting started with the popcorn getting ready."

Persons: —, Goldman Sachs, it's, Nvidia's, Blackwell, Wedbush, AI Jensen Organizations: Service, Nvidia, Wall Street, Center, Data Center, Data, Blackwell, JPMorgan, Meta, Bank of America Locations: 2HCY24, CY25, CY24

☆ CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earnings
▼ + stars: | 2024-05-22 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street reaches new highsThe S&P 500 and the Nasdaq Composite rose to fresh record highs as investors await earnings from AI chipmaker Nvidia after the close on Wednesday. Nvidia's shares rose 0.6% with option traders pricing in swings of as much as 9% up or down in reaction to its earnings. Rate cuts several months awayFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts. [PRO] When Nvidia risesCNBC's Ganesh Rao takes a look at six artificial intelligence-related stocks that have historically reacted positively to Nvidia's quarterly earnings.

Persons: Christopher Waller, Waller, Biden, Jennifer Granholm, Walt Disney, Bob Iger, Ganesh Rao Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Federal, Gasoline, East, Pixar, Studios, Disney, Walt Disney Animation, CSI, Nikkei, Reserve Bank of New Locations: New York City, Israel, Asia, Hong Kong, Reserve Bank of New Zealand, United States, Japan

☆ CNBC Daily Open: New highs on Wall Street, Fed's Waller says rate cuts months away
▼ + stars: | 2024-05-22 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rate cuts several months awayFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts. Singapore Airlines: one dead, 30 injuredOne person died and 30 people were injured aboard a Singapore Airlines flight that was hit by severe turbulence and forced to land in Thailand. Singapore Airlines Flight 321 encountered "sudden, severe turbulence" about 10 hours into a flight from London to Singapore, the airline said.

Persons: Christopher Waller, Waller, Biden, Jennifer Granholm, Walt Disney, Bob Iger, Jesse Pound, JPMorgan's Marko Kolanovic Organizations: New York Stock Exchange, CNBC, Nasdaq, Nvidia, Dow Jones, Federal, Gasoline, East, Pixar, Studios, Disney, Walt Disney Animation, Singapore Airlines, Singapore Airlines Flight, Boeing, Wall Street Locations: New York City, Israel, Thailand, London, Singapore

☆ Biden to release 1 million barrels of gasoline to reduce prices at the pump ahead of July 4
▼ + stars: | 2024-05-21 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices at the pump ahead of the Fourth of July holiday and summer driving season. Rising energy prices stirred speculation in April that the Biden administration might tap the Strategic Petroleum Reserve in Texas and Louisiana ahead of the November presidential election. Though gasoline prices have come down over the past month, broader inflation has remained stubborn, irking consumers. The barrels will be sold from storage sites in New Jersey and Maine that are part of the Northeast Gasoline Supply Reserve, which was established after Superstorm Sandy knocked out refineries in 2012. The Biden administration released 180 million barrels from the SPR in 2022 as energy prices spiked in the wake of Russia's invasion of Ukraine.

Persons: Joe Biden, Biden, Jennifer Granholm, Lael Brainard, Superstorm Sandy Organizations: Eisenhower, Strategic Petroleum Reserve, White, National Economic, AAA, Retailers, Department of Energy, DOE, Northeast Gasoline Supply, Superstorm Locations: Washington ,, Israel, Texas, Louisiana, Iran, New Jersey, Maine, Ukraine

☆ Supreme Court refuses to hear case from parents who objected to school’s transgender support plans in DC suburbs
▼ + stars: | 2024-05-20 | by ( John Fritze | ) edition.cnn.com time to read: +2 min

CNN —The Supreme Court on Monday declined to review an appeal from a group of parents who claimed their suburban Washington-area school district was hiding transgender support plans involving their children. It’s the latest in a series of cases where the high court has dodged the issue of transgender rights at school – often leaving in place lower court rulings that sided with trans students. The appeals court said that the parents had not established that they were injured in a way that allowed them to sue. Three years ago, the Supreme Court declined to take up an appeal from a Virginia school district about whether schools may ban transgender students from using a bathroom that reflects their gender identity. Last year, the court denied West Virginia’s request to let it enforce a state law that bans transgender women and girls from participating on public school sports teams.

Persons: “, ”, West Organizations: CNN, Montgomery Country Locations: Washington, Maryland, Maine, California, Virginia

☆ Some vacationers expect to carry summer travel debt, report finds. Here's how to avoid that
▼ + stars: | 2024-05-17 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

About 86.6% of Hopper users expect to travel this summer, but 72.5% have not booked their trips yet, according to the outlook. "Leaving a balance in your credit card is not necessarily good for your credit score." Plus you're adding to the expense of that purchase, with average credit card interest rates topping 20%. Book summer travel plans soon: The sooner you book your travel plans, the lower the upfront cost will tend to be. You might still have time to book late summer, early fall trips, she explained.

Persons: Klaus Vedfelt, Hopper, Berg, " Berg, Sally French, Cardholders Organizations: Digitalvision, Getty, United Airlines, American Airlines, JetBlue Airways, Federal Reserve Bank of New, Labor Locations: Federal Reserve Bank of New York, U.S

☆ Westminster Dog Show 2024: Sage the Miniature Poodle wins Best in Show
▼ + stars: | 2024-05-14 | by ( Aj Willingham | ) edition.cnn.com time to read: +3 min

CNN —Sage the Miniature Poodle has won best in show at the 2024 Westminster Kennel Club Dog Show. She’s a Miniature Poodle, and is the 4th of her kind to claim Westminster’s Best in Show. Sage, a Miniature Poodle from Houston, Texas, wins Best in Show during the 2024 Westminster Kennel Club Dog Show in New York City. Kena Betancur/AFP/Getty ImagesThe Westminster Dog Show has been delighting lovers of finely-groomed pups since 1877, making it the second-oldest continuously held sporting event in the US after the Kentucky Derby. The Westminster Dog Show is also the perfect place to learn fun facts about dogs, like the fact that three US presidents have owned Scottish Terriers or that dogs from Canada hold six Westminster “Best in Show” titles.

Persons: CNN —, Mercedes, Shepherd, Sage isn’t, Kena Betancur, Louis, Frankie, Monty, Rosalind Kramer, Kramer, ”, “, Kaz Hosaka Organizations: CNN, Westminster Kennel, Westminster, Getty, Kentucky Derby, Shepherd, Afghan, Tzu, Kennel Club, Scottish Terriers, Westminster “ Locations: Houston , Texas, New York City, Kena, AFP, Tzu Woking, Canada

☆ US Air Force's F-22 Raptors lost to German Eurofighters in mock dogfights, but the verdict on the superior jet isn't as simple
▼ + stars: | 2024-05-14 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +29 min

German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.

Persons: …, Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American

☆ A Florida deputy who fatally shot a 23-year-old airman in his home may have been in the wrong apartment, witness says
▼ + stars: | 2024-05-09 | by ( Thomas Novelly | ) www.businessinsider.com time to read: +6 min

"The circumstances surrounding Roger's death raise serious questions that demand immediate answers from authorities, especially considering the alarming witness statement that the police entered the wrong apartment," Crump said. AdvertisementThis photo provided by the US Air Force shows Senior Airman Roger Fortson. US Air Force via APThe sheriff's office did not immediately respond to a request for comment on the attorney's claims. He reportedly said, "I can't breathe" while on the ground after being shot, Crump said, repeating a witness account of the event. Chantimekki Fortson, mother of Roger Fortson, a US Air Force airman, is comforted as she speaks about her son during a news conference regarding his death.

Persons: —, Roger Fortson, Ben Crump, Fortson, Crump, Roger, GulfLive.com, Chantimekki Fortson, Gerald Herbert, Military.com, Eric Aden Organizations: Service, Special Operations, Business, Sheriff's, US Air Force, AP, Air Force, Florida Department of Law Locations: Florida, Fortson's, Okaloosa, Okaloosa County, Aden

☆ Cunard added a 4th luxury cruise ship to its famous fleet — see what it'll be like on the new Queen Anne
▼ + stars: | 2024-05-08 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Cunard welcomed its fourth ship and newest in 14 years, the 2,996-guest Queen Anne. Queen Anne's 2024 itineraries, primarily in Europe, start at $300 per person for a two-night cruise. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCunard has operated 249 ships throughout its 184 years in operation, including the famous Queen Mary and Queen Mary 2. It's Cunard's latest 2,996-guest ship, replete with 4,300 art pieces, archery, and the company's signature high-end flair.

Persons: Cunard, Queen Anne, —, Queen Mary and Queen Mary, it's, It's Organizations: Service, Cunard, BBC Locations: Europe

☆ New Delhi’s Iron Pillar has been exposed to the elements for centuries. So why hasn’t it ever shown signs of rust?
▼ + stars: | 2024-05-07 | by ( Poonam Binayak | ) edition.cnn.com time to read: +7 min

The Quwwat-ul-Islam mosque is part of the UNESCO-listed Qutb Minar complex. Scientists both in India and abroad began studying the iron pillar in Delhi in 1912 to try to figure out why it hadn’t corroded. Stuart Forster/ShutterstockBeyond its metallurgical intrigue, the origin of the Iron Pillar is also veiled in mystery. In the epic poem “Prithviraj Raso,” penned by Chand Bardai, a courtier in the Chahamana dynasty under King Prithviraj Chauhan, the Iron Pillar holds great significance. “Bardai describes the Iron Pillar in Raso as a nail holding the Earth on the hoof of Sheshnag, the serpent king in Hindu mythology,” says Vikramjit.

Persons: Qutb, Anders Blomqvist, Balasubramaniam, Stuart Forster, Gupta, Chandragupta II, Vikramaditya, Vishnu, It’s, Garuda, Vikramjit Singh Rooprai, King Vikramaditya, Siddhanta, ”, Raja Anangpal, Qutbuddin, Prithviraj Raso, Chand Bardai, King Prithviraj Chauhan, “ Bardai, “ Raso, Anangpal, Qutub, Ravi Pratap Singh, Pragya Nagar Organizations: CNN, New Delhi’s UNESCO, UNESCO, Indian Institute of Technology, National Metallurgical Laboratory, Indian Institute of Metals, Varāhamihira, ASI, Survey Locations: Mehrauli, Islam, India, Delhi, Kanpur, Varah, Udayagiri Caves, Vidisha, Madhya Pradesh, “, Mihirapuri, Tomar, Raso

☆ Oleksandr Pielieshenko: Olympic weightlifter from Ukraine dies fighting in war with Russia
▼ + stars: | 2024-05-07 | by ( Kevin Dotson | ) edition.cnn.com time to read: +1 min

CNN —Weightlifter Oleksandr Pielieshenko, who competed for Ukraine at the 2016 Rio Olympics, has died while fighting in his country’s war with Russia, according to statements from the Ukraine Olympic Committee and the Ukraine Weightlifting Federation posted Monday. The 30-year-old Pielieshenko was a two-time European gold medalist, winning the 85kg weight class at the 2016 and 2017 European Weightlifting Championships. “We express our deepest condolences to the family and everyone who knew Oleksandr!” the Ukraine Weightlifting Federation said Monday in its statement. CNN has reached out to the Ukraine Olympic Committee and the Ukraine Weightlifting Federation for more information. Ukrainian national weightlifting coach Viktor Slobodianiuk said in a social media post: “War takes the best… Honored Master of Sports of Ukraine, two-time European champion, Olympic weightlifting contestant Oleksandr Pielieshenko heroically died defending Ukraine from invaders.

Persons: Oleksandr Pielieshenko, “, Ukraine Oleksandr Pielieshenko, ”, Oleksandr, Bright, Viktor Slobodianiuk Organizations: CNN, Ukraine Olympic Committee, Ukraine Weightlifting, Olympic, Armed Forces, Ukraine Weightlifting Federation, Sports Locations: Ukraine, Russia, Ukrainian

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