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China’s economy has struggled to recover from severe self-imposed restrictions during the COVID-19 pandemic that it lifted only at the end of 2022. But Xi said that China was again contributing to world economic growth in the double digits percentage-wise. China's economy has been bogged down by a crisis in its property market in which builders are struggling under mountains of debt, and buyers are paying off loans on apartments that may never be completed. Other issues, such as an aging population and high youth unemployment, are prompting China's leaders to lean more heavily on boosting export manufacturing to make up for weak demand at home. “The respective successes of China and the United States create opportunities for each other," Xi was quoted as saying by Xinhua.
Persons: , Xi Jinping, Xi, ” Xi, Stephen A, Biden, Donald Trump, , Craig Allen, China's, Antony Blinken, Janet Yellen Organizations: BEIJING, U.S, Communist Party, China's, Xinhua News Agency, Blackstone . Trade, U.S ., China Business Council, Apple, Xinhua Locations: Beijing, China, U.S, United, Washington, San Francisco, Taiwan, Hong Kong, Tibet, Xinjiang, People's Republic, United States
TOKYO (AP) — Health supplement products believed to have caused two deaths and sickened more than 100 people have been ordered to be taken off store shelves in Japan. The products from Kobayashi Pharmaceutical Co., billed as helping to lower cholesterol, contained an ingredient called “benikoji,” a red species of mold. The ministry has put up a list on its official site of all the recalled products, including some that use benikoji for food coloring. The recalled products could be bought without a prescription from a doctor, and could be purchased at drug stores. The ministry official warned there could be more victims in the days ahead.
Persons: Kobayashi, ___ Yuri Kageyama Organizations: TOKYO, , Kobayashi Pharmaceutical Co Locations: Japan, Osaka
LOUISVILLE, Ky. (AP) — Louisville has reached an agreement with College of Charleston coach Pat Kelsey to become the Cardinals’ next men’s basketball coach, a person with direct knowledge of the situation told The Associated Press. Kenny Payne, a first-time head coach, was fired by Louisville on March 13 after going 12-52 the last two seasons at his alma mater. It marked the worst two-year stretch in the storied program's history and capped its third consecutive losing season after missing the NCAA Tournament in 2021. But unlike Payne, Kelsey brings experience and a record of coaching success at Charleston and Winthrop. Kelsey previously worked as a Wake Forest assistant and Xavier associate head coach.
Persons: Pat Kelsey, Jeff Goodman, Kenny Payne, Kelsey, of Famer Rick Pitino, Josh Heird, Payne, Xavier, Baylor’s Scott Drew, Dusty May, Richard Pitino, Rick Pitino, Seton Hall’s Shaheen Holloway, Josh Schertz Organizations: , College of Charleston, Cardinals, Associated Press, Louisville, of Famer, Charleston, Colonial Athletic Association, Cougars, CAA, Big South Conference, Wake Forest Locations: LOUISVILLE, Ky, — Louisville, Louisville, Winthrop, Florida, Michigan, Indiana
Read preview50 Cent is developing a documentary about the sexual assault allegations against Sean "Diddy" Combs. "I can confirm that the untitled 'Diddy' documentary is in development through G-Unit Film and Television with Curtis '50 Cent' Jackson serving as Executive Producer," the representative said. Combs and 50 Cent have been feuding since 2006, and 50 Cent made a number of jokes on social media about Combs after the raids on Monday. AdvertisementOn Monday, 50 Cent tweeted: "Now it's not Diddy do it, it's Diddy done." The image appears to have been a repost rather than something 50 Cent produced for the occasion.
Persons: , Sean, Diddy, Combs, Aaron Dyer, Casandra Ventura, Curtis Jackson, Mark Curry, 🚨, ackson, erving, ike Organizations: Service, Homeland Security, Forbes, Business, Bad Boy Records, acc Locations: Ventura
Trump wasted little time exploiting that loophole Wednesday when he used his Truth Social account to take aim at both state Supreme Court Justice Juan Merchan and the judge's progressive daughter, Loren Merchan. AdvertisementOn Tuesday morning, Trump "truthed" that the judge is a "certified Trump Hater" whose daughter is a "senior executive at a Super Liberal Democrat firm." AdvertisementBREAKING: Judge Merchan’s daughter, Loren Merchan, just BLOCKED ME on X and locked her account after I exposed her profile picture that has President Trump behind bars. The hush-money gag order also bars Trump from making statements about "the District Attorney's staff" or relatives of those staff members. A spokeswoman for Bragg declined to comment on Trump's attacks on the judge and his daughter.
Persons: , Donald Trump, Trump, Juan Merchan, Loren Merchan, Joe Biden, Kamala Harris, Adam, Shifty, Schiff, Biden, Harris, Hakeem Jeffries, Gavin Newsom, Laura Loomer, Loren Merchan's X, Merchan’s, Trump’s, Loren, soPrzWFRs8, qn8fy6cAVb, Alvin Bragg, Bragg's, Bragg Organizations: Service, Business, Democratic, Trump, Radical, California Gov, Super Liberal Democrat, Attorney's Locations: New York, Chicago
AI companies run into hurdlesOne of the more eye-opening developments of this new phase came last week from a barely two-year-old OpenAI rival named Inflection AI. Related storiesIt has quickly become apparent that Inflection AI wasn't the only one struggling, however. Stability's Mostaque, meanwhile, seems to have conceded that Big Tech companies wield unassailable power in AI. In a post on X, he said that centralized AI was not going to be beaten with "more centralized AI". Not going to beat centralized AI with more centralized AI.
Persons: , Bill Gates, Mustafa Suleyman, DeepMind, Suleyman, Reid Hoffman, Gates, Eric Schmidt, Emad Mostaque, Googlers —, Ali Barr, Pi, Cohere, Stability's Mostaque, ike C oatue Organizations: Service, Nasdaq, Business, Big Tech, Microsoft, Nvidia
With anti-immigrant rhetoric on the rise and a contentious election ahead, some donors see the Girl Scouts as wading too readily into politically controversial waters. “It’s our job.”While Troop 6000 has found plenty of sympathetic supporters, “there are some donors who would prefer their dollars go elsewhere,” says Maskara. So, when the mayor’s office floated the idea of starting a troop at the Midtown shelter, the Girl Scouts were ready. The Girl Scouts have not been immune to the backlash, nor is it the first time they’ve shouldered criticism from conservative donors. While Troop 6000 has not been deterred, Maskara says that many of her peers in the nonprofit world have been fearful to publicly support newcomers.
Persons: , it’s, , Meridith Maskara, , that’s what’s, Giselle Burgess, Burgess, Maskara, Horace W, Steven, Alexandra Cohen, who’ve, “ We’re, That’s, Beatriz de la Torre, they’ve, Eve Stotland, Marissa Tirona, ” _____ Sara Herschander Organizations: Girl Scouts, of, New, Girl Scout, Girl Scouts —, Central America, Scouts, New York Times, Trinity Church Wall, Goldsmith Foundation, Alexandra, Alexandra Cohen Foundation, Scout, Trinity Church and Brooklyn Org, New York Community Trust, New York City, Immigrants and Refugees, Associated Press, Philanthropy Locations: midtown Manhattan, New York, South, U.S, New York City, Greater New York, Midtown Manhattan, Queens
NEW YORK (AP) — James Madison announced itself by beating a Big Ten team to start this season. Terrence Edwards Jr. scored 14 points and James Madison pulled off the first 12-5 upset of March Madness by beating Wisconsin 72-61 on Friday night. “Told the team, I’m proud of them, but not surprised,” James Madison coach Mark Byington said. James Madison opened the season with victory at Michigan State in November that moved the Dukes in the AP Top 25 for the first time in school history. “And we knew we belonged.”Only defending national champion and top-seeded UConn has won as many games this season as James Madison.
Persons: — James Madison, Dukes, , ” Xavier Brown, Terrence Edwards Jr, James Madison, ” James Madison, Mark Byington, LIU, Max Klesmit, FanDuel, ” Byington, Klesmit, Noah Freidel, JMU, ” Friedel, ” Edwards, Greg Gard, Chucky Hepburn, ” Gard, Bickerstaff, Julien Wooden, ” Bickerstaff Organizations: Big, NCAA, Wisconsin, Badgers, Barclays Center, Atlantic Union Bank Center, Michigan State, Dukes, , UConn, Duke Locations: South Region, Brooklyn, Harrisonburg , Virginia, Atlanta, New York, ” Wisconsin, unfazed
AUSTIN, Texas (AP) — Five races into NASCAR's 2024 season and Ford is in a funk. A Ford win in Austin would seem like a long shot in NASCAR's fourth run on a track built for Formula One. Photos You Should See View All 60 ImagesAnd while it’s still early, Ford drivers make up just three of the 16 available Cup playoff spots. Ford drivers point to some solid statistics, even if the major results are lacking. NASCAR vs F1The Circuit of the Americas is the only track used by NASCAR and F1, but the two racing series have vastly different styles.
Persons: Ryan Blaney, , Tyler Reddick, Shane van Gisbergen, Chase Elliott, it’s, Blaney, haven’t, , Chris Buescher, We’ve, we’ve, ” Buescher, Chase Briscoe, Stewart, Haas, we've, ” Briscoe, Briscoe, Ford, van Gisbergen, It’s, Reddick, COTA, there's, I've, ” Reddick, they’ve, FanDuel Organizations: Ford, NASCAR, Circuit, Formula One, Toyota, RFK Racing, Haas Racing, Fords, Blaney's, COTA Locations: AUSTIN, Texas, Atlanta, Austin, Victory, Americas
5 seed San Diego State held off 12th-seeded UAB 69-65 on Friday in the first round of the NCAA Tournament. Quiet for most of the second half, LeDee scored on three straight possessions for the Aztecs (25-10) after UAB took a 56-53 lead. 13 seed Yale in the second round on Sunday. The Blazers' leading scorer, Yaxel Lendeborg, got into early foul trouble trying to defend LeDee and finished with 11 points. 13 seed Furman in the second round after knocking off 12th-seeded Charlotte.
Persons: Lamont Butler, LeDee, Butler, UAB’s Efrem Johnson, Reese Waters, Johnson, Yaxel Lendeborg, Eric Gaines, Charlotte, ___ Organizations: San Diego State, UAB, NCAA, Aztecs, SDSU, San, Auburn, Yale, Blazers, LeDee, American Athletic Conference, Furman Locations: SPOKANE, San, East Region, San Diego State, Houston
Alex Sanchez is a former high-ranking member of MS-13. He became involved in the gang in the 1980s in Los Angeles and participated in its expansion. He is now the executive director of Homies Unidos and is a violence-prevention worker and expert on gang culture. He speaks with Business Insider about the Los Angeles Police Department, tattooing, rules and codes, media perception, and the political language used to depict the gang, such as Donald Trump's comments in 2018. Sanchez's story is profiled in the books "MS-13: The Making of America's Most Notorious Gang" and "Unforgetting: A Memoir of Family, Migration, Gangs, and Revolution in the Americas."
Persons: Alex Sanchez, Sanchez, Donald Trump's Organizations: El, Homies, Los Angeles Police Department Locations: Los Angeles, El Salvador, Americas
Florida State wants to move the venue to Florida and prefers the documents to be unsealed for transparency. Photos You Should See View All 60 Images“FSU is arguing that North Carolina is a more favorable jurisdiction for the ACC,” said ACC attorney James Cooney. The ACC initially sued the Florida State Board of Trustees in North Carolina in last December, asking a court to uphold the conference's grant of rights as a valid and enforceable contract after catching wind of a forthcoming Florida State lawsuit. The courtroom showdown comes just three days after Clemson, another member school, joined Florida State in challenging the ACC's right to charge hundreds of millions of dollars to leave the conference. The complaint filed in South Carolina said the ACC’s “exorbitant $140 million” exit penalty and the grant of rights used to bind schools to a conference through their media rights should be struck down.
Persons: CHARLOTTE, Judge Louis A, Bledsoe, , James Cooney, , Bailey King, ” King, Rick McCullough, ” Clemson Organizations: Atlantic Coast Conference, Florida State, ACC, ESPN, FSU, , of Trustees, Big, Southeastern Conference, Notre Dame, SEC, Clemson, AP Locations: N.C, Mecklenburg County, Florida, Charlotte, Carolina, North Carolina, South Carolina
Simpson was behind the play with 14.7 seconds left Thursday night when Samford's A.J. Replays from a number of angles showed no contact on the play that sent Timberlake crashing to the floor. “We're talking about last plays that are deciding games, not an incorrect travel call or something like that,” Clougherty said. “The mindset is always, when I blow the whistle, I want to be able to justify the contact,” he said. “These NCAA games, as close as they are, you better not miss a critical play, or they'll find someone else to referee the games,” Clougherty said.
Persons: Lamar Simpson, Simpson, Samford's A.J . Staton, McCray, Nicolas Timberlake, Timberlake, John Clougherty, it's, ” Clougherty, , Clougherty, , , Greg McDermott, Brad Underwood, Tommy Lloyd, we’ve, Staton, Casper, lifer, Kenny Anderson's, Will Graves, Eric Olson Organizations: LAKE CITY, Samford, NCAA, KU, AP, NBA, , Georgia Tech, Michigan State, AP Sports Locations: Kansas, Salt Lake City, Atlantic, — Illinois
INDIANAPOLIS (AP) — Zach Edey had the first 30-point, 20-rebound game in the NCAA Tournament since 1995, delivering on his promise to end the discussion about first-round March Madness exits by leading top-seeded Purdue Boilermakers past 16th-seeded Grambling State 78-50 on Friday night. The last player with a 30-20 game in the tournament was Joe Smith of Maryland on March 18, 1995. Braden Smith added 11 points and 10 assists for the Boilermakers (30-4), who tied the school's single-season record for victories. 16 seed in the NCAA Tournament. Edey then proceeded to lead the Boilermakers on an 18-6 spurt to open the second half and never looked back.
Persons: — Zach Edey, Joe Smith of, Braden Smith, Fairleigh Dickinson, Edey, Tra’Michael Moton, Kintavious Dozier Organizations: INDIANAPOLIS, NCAA, Purdue Boilermakers, Grambling State, Tigers, Utah State, TCU, Joe Smith of Maryland, Boilermakers, Purdue, Southwestern Athletic, Montana State
The Communications Services Select SPDR ETF (XLC) , home of Meta, Alphabet and Disney, is doing one of the following at any given time this year: Breaking out, digesting said breakout and then breaking out again. We'll notice that the monster reversal happened a solid four months before the S & P 500 topped out in early 2022… and we can blame Meta (META) for that. Meta tailwind When META cracked back then, it took XLC with it. However, it, too, has a constructive chart pattern – a potential large base that is almost two years in length. This ETF is VERY illiquid, thus, it's not the best trading vehicle… That said, one particular holding has a similar looking pattern: Disney (DIS) .
Persons: XLC's uptrend, XLC, it's, NWSA, Frank Cappelleri Organizations: Meta, Netflix, News Corp, Communication Services Locations: XLC
TOKYO (AP) — Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The negative interest rate policy, combined with other measures to inject money into the economy and keep borrowing costs low, “have fulfilled their roles,” Bank of Japan Gov. But it had remained cautious about “normalizing” monetary policy, or ending negative borrowing rates, even after data showed inflation at about that rate in recent months. Ueda said there was “a positive cycle” of a gradual rise of wages and prices, while stressing that monetary policy will remain easy for some time. The Japanese central bank's policy is quite different from those of the U.S. Federal Reserve and the European Central Bank.
Persons: , Kazuo Ueda, Ueda, Harumi Taguchi, Haruhiko Kuroda, ___ Yuri Kageyama Organizations: TOKYO, ” Bank of Japan Gov, Bank of, Analysts, P Global Market Intelligence, U.S . Federal Reserve, European Central Bank, Bank of Japan Locations: Japan, Bank of Japan, U.S, China
BRUSSELS (AP) — The European Union is pressing ahead with a plan to use the profits generated from billions of euros of Russian assets frozen in Europe to help provide weapons and other funds for Ukraine, a senior official said Tuesday. The move comes as Ukraine runs dangerously low on munitions, and U.S. efforts to get new funds for weapons have stalled in Congress. A small group of member countries, notably Hungary, refuse to supply weapons to Ukraine, so these windfall profits would be divided up. The European Central Bank, or ECB, has warned in the past against seizing Russian assets as this could undermine confidence in the euro currency and EU markets. But Borrell said that no assets would be taken, only the windfall profits they make.
Persons: Josep Borrell, , ” Borrell, Borrell, Alexander De Croo Organizations: Ukraine, EU, European, Parliament, European Central Bank, ECB, Belgian Locations: BRUSSELS, Europe, Brussels, Ukraine, U.S, Russian, Belgium, Hungary, russia, ukraine
Ten nonprofits serving young people in Detroit will get an unusual, lasting gift as part of a campaign started by Lisa Ford and her husband, Bill Ford, the executive chairman of Ford Motor Co. Endowments are funds a nonprofit can invest and the annual financial returns from those investments can go into the nonprofit’s budget. Detroit-area nonprofits may apply in June, when Michigan Central Station will reopen, and ten selected organizations will each receive $500,000 to launch an endowment. The Children's Foundation will manage the nonprofits’ endowments and offer them guidance and technical support over two years. Lisa Ford said the idea for creating endowments for youth nonprofits evolved out of their commitment to supporting a robust and vibrant future for the city and the automotive industry.
Persons: Lisa Ford, Bill Ford, ’ ”, Andrew Stein, , ” Ford, Todd Ely, Ely, ” Ely, Meadow Didier, Stein Organizations: Ford Motor Co, Children’s Foundation, Michigan Central, Children’s Hospital of Michigan, Harvard, Foundation, Children’s, Endowments, Internal Revenue Service, University of Colorado, Nonprofit Finance Fund, Children's, Ford, Associated, Lilly Endowment Inc, AP Locations: Detroit, Michigan, University of Colorado Denver
In an AP-NORC poll conducted in February, 38% of U.S. adults approved of how Biden was handling his job. Black adults are more likely than white and Hispanic adults to approve of Biden, but that approval has dropped in the three years since Biden took office. This is stuff that requires work,” Quentin Fulks, principal deputy campaign manager for the Biden campaign, said in an interview. Still, the Biden campaign and the broader Democratic Party are confronting their own struggles, despite their cash and organizational advantages. And in Nevada, Biden will continue promoting a new housing proposal that would offer a mortgage relief credit for first-time homebuyers and a seller's tax credit to encourage homeowners to offload their starter homes.
Persons: Joe Biden, Harris, Biden, Donald Trump, They're, Trump, Jill Biden, ” Quentin Fulks, , , Maria Cardona, White, Lael Brainard, Sen, Catherine Cortez Masto, , ” Cortez Masto, Linley Sanders, biden Organizations: WASHINGTON, Democratic, Biden, Asian American, Bilingual, GOP, Republican National, Trump, RNC, Trump's, Democratic Party, AP VoteCast, , White, National Economic Council, Republican, Associated Press Locations: Nevada , Arizona, Texas, Reno , Nevada, Washoe County, Las Vegas, Phoenix, U.S, Arizona, Maryvale, Nevada and Arizona, Biden's State, Biden’s, Nevada , Pennsylvania, North Carolina, Wisconsin, In Arizona, Nevada, Dallas, Houston
NOORDWIJKERHOUT, Netherlands (AP) — Theo works weekdays, weekends and nights and never complains about a sore spine despite performing hour upon hour of what, for a regular farm hand, would be backbreaking labor checking Dutch tulip fields for sick flowers. Photos You Should See View All 60 Images“You could also buy a very nice sports car," for the price of the robot, Visser said Tuesday — its makers say the robot costs 185,000 euros ($200,000). “But I prefer to have the robot because a sports car doesn’t take out the sick tulips from our field. Yeah, it is expensive, but there are less and less people who can really see the sick tulips,” he added. Theo van der Voort, who gave his name to the robot at WAM Pennings farm, and who retired after 52 years hunting for sick flowers, is impressed.
Persons: — Theo, , Allan Visser, Visser, ” Visser, Erik de Jong, Theo van der, Organizations: H2L Robotics Locations: Netherlands
It recently unveiled what it calls Vitruvius, an AI program that helps consumers design custom homes online and get the plans, making the process cheaper and faster. Vitruvius can recall every design and possibility it's ever seen, according to Ballard. Though other AI models have gotten into hot water for potential copyright infringement, Ballard said he isn't concerned in this case. "I have no doubt that tools like this are going to change the way that we do things." Ballard said the implications of AI in architecture extend beyond just consumers looking to save on architecture fees.
Persons: Vitruvius, Jason Ballard, Ballard, It's, Leonardo Guzman, Gina McAndrews, I've, McAndrews Organizations: Southwest Locations: U.S, Ballard, Austin , Texas
Considering this, I'm contemplating a bearish trade on Nvidia (NVDA) , utilizing a bear put spread as the trade structure. In the chart provided, I've highlighted a few notable points: RSI (Relative Strength Index): I've employed RSI to assess weakness. However, since securities can remain overbought for extended periods, it's essential to wait for the RSI to dip below 70 before considering a bearish trade setup. The trade The trade structure I am using here is called a bear put spread. NVDA YTD mountain Nvidia, YTD Here is my exact trade set-up: Buy $870 put, April.
Persons: I'm, I've, NVDA, Nishant Pant Organizations: Nvidia, Downside
Why handle the mess of AI by itself when it can pass it on to someone else? AdvertisementApple does, of course, want an AI strategy, despite all the mess the technology brings with it. Fresh AI features could help Apple boost falling iPhone sales in China. Fresh generative AI features could give iPhones the extra edge they need to boost sales again. In addition, Apple will have several new AI features based on its own, homegrown LLM models we expect to be unveiled at WWDC this June.
Persons: , Tim Cook, they've, Apple, Perfectionism, Steve Jobs, Cook, OpenAI's GPT, Dan Ives Organizations: Service, Google, Bloomberg, Apple, Business, Publishing, Getty, Worldwide Locations: China, China —
SACRAMENTO, Calif. (AP) — Jalen Brunson scored 42 points, becoming the fourth player in franchise history with 40 or more in consecutive games, and the New York Knicks beat the Sacramento Kings 98-91 on Saturday night. He's the first Knicks player to reach that total in back-to-back games since Carmelo Anthony on Feb. 19 and 21, 2014. Isaiah Hartenstein was a force on the defensive end, blocking five shots and grabbing 14 rebounds, along with seven points. De’Aaron Fox added 20 points, nine assists and seven rebounds, but was held to 5-for-19 shooting. The Knicks led 53-48 at the half and extended the advantage to nine early in the third quarter on a pair of layups by Brunson.
Persons: — Jalen Brunson, Brunson, Carmelo Anthony, Hall, Hall of Famers Bernard King, Patrick Ewing, Donte DiVincenzo, Josh Hart, Isaiah Hartenstein, Domantas Sabonis, De’Aaron Fox, Malik Monk Organizations: New York Knicks, Sacramento Kings, Thursday's, Portland, Knicks, Hall of Famers, Sacramento, NEXT, Golden State, Memphis, NBA Locations: SACRAMENTO, Calif, New York, York, Golden
Harrison doesn’t have an overall diagnosis beyond being a French bulldog — an increasingly popular breed prone to health problems. While most patients pay out of pocket, AMC offers multiple initiatives to cover charity care, especially for rescue animals and working dogs. The price of veterinary services have increased in recent years because of inflation, but also because of advances in care. The same day Harrison visited the surgical suite, Lynx was brought in by a rescue group. “We get to take extraordinary care of rescue animals,” Spector said.
Persons: , Harrison, , Daniel Spector, Harrison doesn’t, Grace Kim, Kiki, , ” Spector, Spector, Jennie Anne Simson, Simson, we’ve, Helen Irving, Elaine, Kenneth Langone, Elaine Langone, they've, Emily McCobb, Kelly Hall, ” Irving, Kim Organizations: Animal Medical, AMC, Avian, Shepherd Fund, Buddy, Veterinary, Home Depot, Bucknell University, Cummings School of Veterinary Medicine, Tufts University, Colorado State University, Associated, Lilly Endowment Inc, AP Locations: New York City, French, Manhattan, Manhattan’s, anesthesiologists, Brooklyn, New York
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