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☆ Archimedes’ death ray might have worked, teen science project suggests
▼ + stars: | 2024-03-08 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

But one fabled device has left scientists speculating on its existence for hundreds of years — the death ray. For his 2022 science project, Sener recreated the Archimedes screw, a device for raising and moving water. Sener found the death ray to be one of the more intriguing devices — sometimes referred to as the heat ray. Archimedes’ death ray is more commonly speculated to have been an array of several mirrors or polished shields. Sener’s mom, Melanie, was not surprised by her son’s choice in science project.

Persons: Archimedes, Brenden Sener, Sener, ” Sener, Melanie Sener, Cliff Ho, Ho, ”, “, Thomas Chondros, Melanie, … He’s Organizations: CNN, London Public, Canadian Science Fair, Sandia National Laboratories, US Department of, National Nuclear Security Administration, Greece’s University of Patras, Massachusetts Institute of Technology, University Locations: Greece, London , Ontario, Syracuse, Albuquerque , New Mexico, Chondros

☆ Cramer says Apple stock could fall another 5% from here. He also has no plans to sell it
▼ + stars: | 2024-03-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

We knew Apple's China market wasn't great. Jim Cramer said the stock could fall another 5% to $160 in its current run of bad form. Jim also maintained his "own it, don't trade it" Apple mantra because the stock is "one of the greatest performers of all times." Apple shares have shed roughly 14.5% from their all-time high of $199.62 each and nearly $3.1 trillion market value on Dec. 14, 2023. The CEO said Apple AI tech is already being used in the Vision Pro mixed reality headset's hand-tracking tool.

Persons: there's, Jim Cramer, Jim, we've, Tim Cook, we're, Cook, Cook's, Jim Cramer's Organizations: Apple, Research, Huawei, Starbucks, European, Big Tech, Barclays, Vision, Management, CNBC Locations: China

☆ Anya Taylor-Joy's cameo in 'Dune: Part Two' explained: Who Alia Atreides is and why she matters for 'Dune: Part Three'
▼ + stars: | 2024-03-05 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Read previewAnya-Taylor Joy's cameo in "Dune: Part Two" only last a few seconds, but it could lead to something bigger if Warner Bros. gives the go-ahead for "Dune: Part Three." Anya Taylor-Joy plays Alia Atreides in 'Dune: Part Two'Anya Taylor-Joy at the "Dune: Part Two" New York premiere and Rebecca Ferguson as Lady Jessica. Alia Atreides could replace her brother in 'Dune: Part Three'Timothée Chalamet in "Dune: Part Two." Or Villeneuve could just chalk up the accelerated aging to the spooky space-witch magic of Lady Jessica and the Bene Gesserit. So there's plenty of plot twists for Taylor-Joy to explore as Alia if "Dune: Part Three" gets off the ground.

Persons: —, Anya, Taylor, Paul Atreides, Baron Harkonnen, Stellan, Shaddam Corrino, Christopher Walken, Paul, Lady Jessica, Rebecca Ferguson, — who's, she's, Joy, Anya Taylor, Alia Atreides, Jessica, Kristina Bumphrey, Alia, Arrakis, Villeneuve, Frank Herbert, Baron, He's, Emperor, Leto, Duncan Idaho, Jason Momoa, Gross, that's Organizations: Service, Warner Bros, Business, York, Getty Images

CNN —The wildfire in Texas has already killed two people, demolished hundreds of structures and obliterated thousands of cattle as it became the biggest blaze in the state’s history. Some 8 million people across the Central Plains are under “red flag” warnings and temperatures are above normal in the Texas Panhandle. So far, the Smokehouse Creek Fire has spread across more than 1 million acres and has become the biggest Texas wildfire on record. And the fire is just one of five blazes currently scorching the Texas Panhandle, destroying as many as 500 structures. Sunday’s fire weather threat will be greatest for the Texas Panhandle and western Texas, according to the Storm Prediction Center.

Persons: Cindy Owen, Jennifer Mitchell, Owen’s, Joyce Blankenship, “, ”, Nathan Blankenship, could’ve, Sid Miller, GoFundMe, Greg Abbott, he’d, Sammy Schafer, Leah Millis, ” Abbott, it’s, there’s, Miller, Shane Pennington, Pennington, “ It’s, they’re, ” Pennington, he’s, “ We’ve, ” Miller, We’ve, ” CNN’s Gene Norman, Rebekah Riess, Sara Tonks, Eric Zerkel, Sarah Davis Organizations: CNN, Texas Panhandle, Storm Prediction Center, Storm Prediction, Texas, M, Service, Texans, Connect, Services, Texas Panhandle Gov, Reuters Locations: Texas, Plains, South Dakota, Denver, Colorado Springs, Colorado, Lubbock, Amarillo, Oklahoma, Central, Amarillo , Midland, Odessa, Moore County, Gray County, Oldham County, Hutchinson County, Pampa , Texas, Hemphill County, Fritch, Canadian , Texas

☆ Publishing Pledged to Diversify. Change Has Been Slow.
▼ + stars: | 2024-02-28 | by ( Alexandra Alter | Elizabeth A. Harris | ) www.nytimes.com time to read: 1 min

More than three years after nationwide protests over racial inequality led publishers to promise they would reshape their overwhelmingly white industry, a survey showed they made little progress toward creating a more diverse publishing work force. White workers made up 72.5 percent of the book business in 2023, according to a new report from the publishing house Lee & Low. That marks a slight decrease from 2019, when the survey found that white people accounted for 76 percent of publishing industry employees. These changes are hardly the transformation many hoped for, and are likely to ignite debate about whether publishing companies have faltered in their pledge to prioritize racial diversity. The slow pace of progress reflects what many in the book world say are entrenched structural and cultural problems.

Persons: Lee

☆ UK nuclear missile test fails for second time in eight years
▼ + stars: | 2024-02-21 | by ( Lauren Kent | ) edition.cnn.com time to read: +3 min

London CNN —A British nuclear missile test launch failed at a site off the coast of Florida, marking the second time in eight years that the country’s Trident 2 ballistic missiles have malfunctioned during trials. The fault was specific to the test kit and that the launch would have likely been successful if it had occurred out on a patrol, using a real nuclear warhead, according to the source. “The UK’s nuclear deterrent remains safe, secure and effective,” The Ministry of Defense spokesperson added. “The test has reaffirmed the effectiveness of the UK’s nuclear deterrent, in which we have absolute confidence.”A Trident II missile is launched by the US navy during a test in 1989. Phil Sandlin/AP/FileShapps is expected to present a written ministerial statement on Britain’s nuclear deterrent to Parliament on Wednesday, according to the House of Commons order paper.

Persons: London CNN —, of Defense Grant Shapps, Sir Ben Key, Phil Sandlin, ”, John Healey Organizations: London CNN, HMS Vanguard, Ministry of Defense, Trident, CNN, The Sun, of Defense, “, Vanguard, US, Labour Party, Royal Navy Locations: British, Florida, United States, Georgia

Kremlin political critics, turncoat spies and investigative journalists have been killed or assaulted in a variety of way s. The Russian opposition has lost its brightest star with Navalny's sudden death in a prison colony. “This is a very difficult loss for the Russian opposition,” he told The Associated Press after his death. While Navalny was the first leader to build a national Russian opposition, there were other opposition factions who didn’t like him or his organization. While Navalny’s team continued to publish successful investigative reports, they ultimately suspended the protests and said they would switch to different tactics. OPPOSITION IN EXILEIn the meantime, the Russian opposition faces a future largely in exile without one of its brightest leaders.

Persons: — Alexei Navalny, Vladimir Putin, “ You’re, ”, Navalny, turncoat, Putin, “ Alexei Navalny, Mikhail Khodorkovsky, Graeme Robertson, ” Khodorkovsky, Garry Kasparov, Mikhail Kasyanov, Vladimir Kara, Murza Jr, PUTIN, “, Nigel Gould, Davies, PUTIN Putin, Robertson, Khodorkovsky, Navalny’s, “ Putin Organizations: Kremlin, Associated Press, University of North, Chapel Hill, Corruption Foundation, Corruption, International Institute for Strategic Studies Locations: Russia, University of North Carolina, London, Russian, Ukraine, British, Belarus, Eurasia, Moscow, Germany

INDIANAPOLIS (AP) — In Adam Silver’s eyes, the NBA’s new 65-game policy is working. “I can tell you that the number of games that players have participated in is up this season,” Silver said. “I just don’t like it, how it forces players to play if they’re injured to achieve something,” Denver center Nikola Jokic said. And as such, the gap in the system that the NBA felt Team Ignite would fill isn’t really a gap anymore. “We are in the process of reassessing Team Ignite,” Silver said.

Persons: —, Adam Silver’s, ” Silver, Joel Embiid won’t, Tyrese Haliburton’s, he’d, Jimmy Butler, “, Nikola Jokic, NBA Players Association —, Silver, Jaylen Brown, “ We’ve, I’m, France’s Victor Wembanyama —, Silver wouldn’t, Victor Wembanyama … it’s, aren’t, it’s Organizations: INDIANAPOLIS, NBA Players Association, NBA, San Antonio Spurs, Spurs Locations: Philadelphia, Indiana, Denver, Boston, …, Paris, France

☆ H3: Japan launches second flagship rocket a year after failed maiden attempt
▼ + stars: | 2024-02-16 | by ( Junko Ogura | Chris Lau | ) edition.cnn.com time to read: +2 min

Tokyo CNN —Japan’s space agency says it has successfully launched its flagship H3 space rocket, a year after its maiden attempt ended in failure. The H3 left the Tanegashima Space Center in southern Japan at 9:22 a.m. local time on Saturday, the Japan Aerospace Exploration Agency (JAXA) said in a statement. H3’s maiden launch ended in failure last March when its second stage failed to ignite and its controllers issued a destruct command just 15 minutes after lift-off. That was just one of a string of problems for the maiden launch, which had already been postponed after ignition failures hit two of the rocket’s secondary booster engines. Experts say this could be used for drinking water or for fuel as humanity pushes the boundaries of space exploration in the future.

Persons: Japan’s Organizations: Tokyo CNN, Japan Aerospace Exploration Agency, JAXA, Smart, Soviet Locations: Japan, United States, Soviet Union, China

☆ Japan and the UK are in recessions. Is the US next?
▼ + stars: | 2024-02-16 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —And just like that, two of the world’s largest economies are in technical recessions. On Thursday, Japan and the UK both reported their second consecutive negative quarters of gross domestic product, fitting the widely agreed-upon definition of a recession. In 2022, the nation’s population declined by 800,000, marking the 14th consecutive year of contraction. In the UK, however, population and wage growth weren’t sufficient to stave off a drop in consumer spending, one of the main drivers of that economy. In the past two quarters, the nation’s economy experienced much higher than expected GDP growth, due in large part to robust consumer spending.

Persons: Paul Donovan, ” Donovan, Kazuhiro Nogi, ”, didn’t, Jerome Powell, “, it’s, there’s, Powell, Philipp Carlsson, doesn’t, “ it’s, Carlsson Organizations: New, New York CNN, UBS Global Wealth Management, Getty, National Bureau of Economic Research, don’t, US Federal Reserve, Boston Consulting Locations: New York, Japan, Germany, AFP, Ukraine

☆ Odysseus moon mission will aim for landing near lunar south pole
▼ + stars: | 2024-02-15 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

The imminent launch attempt follows closely on the heels of a separate US lunar landing mission that failed in January. After burning through its fuel, the rocket will detach from Odie, leaving the lunar lander to fly solo through space. Houston-based Intuitive Machines developed the Nova-C moon lander under a NASA initiative. Packed on board the lunar lander are six NASA science and technology payloads. The device is set to pop off of the lunar lander as it approaches the surface and capture images of the vehicle’s descent.

Persons: “ Odie, ”, Odie, NASA’s, Stephen Altemus, NASA Odie, Astrobotic Technology’s Peregrine, Farzin Amzajerdian, Jeff Koons, we’ll, ” Altemus Organizations: CNN, NASA, SpaceX, NASA’s Kennedy Space Center, Payload Services, Langley Research, Embry, Riddle Aeronautical University Locations: Florida, Houston, Russia, Japan, China, India, Hampton , Virginia, Columbia, Daytona Beach , Florida

BOSTON (AP) — With back-to-back Super Bowl victories for the hometown Chiefs, Kansas City football fans gathered for another championship parade and a second celebratory pep rally in a row. Not because the Chiefs, with star quarterback Patrick Mahomes still just 28 years old, can’t win another NFL title. “They have to think twice about having these parades,” said former Boston Police Commissioner Bill Evans, who in 38 years with the department worked 12 championship parades and the aftermath of the 2013 Boston Marathon bombing. The event included a parade down Grand Boulevard, followed by a rally in front of Union Station. But that's a difficult proposition for large, open venues like where the Kansas City rally was held, or the 26.2-mile Boston Marathon course.

Persons: Patrick Mahomes, can’t, “, ”, Bill Evans, Stacey Graves, –, Quinton Lucas, Patrick's, ” Evans, Ed Davis, Evans, there’s, ” Davis, Davis, “ Everybody's, “ Everyone’s Organizations: BOSTON, hometown Chiefs, Kansas City, Chiefs, NFL, Boston Police, Marathon, San Francisco 49ers, Super, Nuggets, NBA, Texas Rangers, Bowl, Arrowhead, U.S, Secret, Louisiana, Boston Marathon, Paris Olympic, Boston, Boston Red Sox, Police, Boston College Locations: Kansas City, Denver, St, America, New Orleans, Salt Lake City, Kansas

☆ Fires Are the Sum of Our Choices
▼ + stars: | 2024-02-14 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

In early February, the deadliest South American wildfires in a century swept through Valparaiso, Chile, killing more than a hundred people. In the United States, mercifully little land burned — only 2.6 million acres, which was less than half the recent average. But in Canada, fires ate through more than twice as much forest as the country’s previous modern record, the total burn scar large enough that more than half the world’s countries could fit inside. In Greece, one fire forced the country’s largest-ever evacuation, and another became the largest fire in the history of the European Union. And in the United States, especially, you increasingly hear a somewhat contrarian explanation that emphasizes fire suppression rather than warming.

Persons: “, Stephen Pyne, Daniel Swain Organizations: European Union, Sydney Locations: Valparaiso, Chile, Lahaina, Maui, Hawaii’s, United States, Canada, Greece, Australia, McMurray , Alberta, Hawaii, Boulder County, Colo

☆ Japan Takes Another Shot at Next-Generation H3 Rocket Launch
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +5 min

The Japan Aerospace Exploration Agency (JAXA) plans to launch its second H3 on Saturday from its Tanegashima Space Center in southern Japan. The setbacks of the H3 and another small rocket, Epsilon, have caused widespread delays in Japanese satellite launches. Saturday's H3 launch carries a dumbbell-shaped 2.6-ton dummy mass simulating a satellite payload. Launch operator Mitsubishi Heavy hopes to launch six H3s a year once stable production is established. Another objective is to win orders from global clients, as satellite launch demands have skyrocketed thanks to affordable commercial vehicles such as SpaceX's reusable Falcon 9.

Persons: Kazuto Suzuki, Masayuki Eguchi, Lockheed Martin, Masashi Okada, Okada, Ko Ogasawara, Ogasawara, Kairos, Kantaro Komiya, Gerry Doyle Organizations: SLIM, University of Tokyo, Japan Aerospace Exploration Agency, JAXA, Mitsubishi Heavy Industries, Mitsubishi, Epsilon, Canon Electronics, U.S, European Space Agency, United Launch Alliance Vulcan, Boeing, Lockheed, Tokyo University of Science, Technologies Locations: TOKYO, Japan, United States, India, Tokyo

☆ Getting into the right mindset for Valentine’s Day
▼ + stars: | 2024-02-14 | by ( Ian Kerner | ) edition.cnn.com time to read: +8 min

No matter your view on the topic, Valentine’s Day is a great opportunity to put sex on the calendar, but don’t just focus on the act itself at the end of the evening. I’m not telling you to rearrange your entire day for sex, but to make small intentional choices that are pro-sex. That’s why my Valentine’s Day advice for you is not to just have sex. It’s Valentine’s Day, so come up with a sexy prize for each win and a naughty consequence for each loss. Don’t forget your kidsMany teens also feel pressure around Valentine’s Day — to be in a couple, find a date or have sex (whether or not they’re feeling ready).

Persons: Ian Kerner, ”, we’ve, Heck, I’m, Sara Nasserzadeh, It’s, ” Nasserzadeh, Leah Abucayan, Signe Simon, Simone Humphrey, you’ve, Alexandra Solomon, “, you’re, ” Solomon, Don’t, Debby Herbenick, it’s, they’re, ” Herbenick, Emily Nagoski Organizations: CNN, ” CNN, Northwestern University, Indiana University School of Public Health Locations: California, New York City, Illinois, Bloomington, Massachusetts

TOKYO (AP) — Japan's space agency on Tuesday postponed the launch of a second test flight of its new flagship rocket H3 series planned for this week because of bad weather forecast at the launch site. The fiasco triggered disappointment and uncertainty about Japan's space exploration plans, concerns that were compounded after a spacecraft designed by a Japanese company crashed during a lunar landing attempt in April. The launch of the H3 rocket had already been held up more than two years due to an engine development delay. Mitsubishi's H3 project manager Mayuki Niitsu said there is a growing demand for rockets that can stably launch satellite constellations. “We hope to achieve success of the second H3 rocket and show our capability to our potential customers,” he said and added that H3 could be competitive with major global players, such as SpaceX.

Persons: Masashi Okada, Japan's, “, ” Okada, Okada, Mayuki Niitsu, ” Organizations: TOKYO, Japan Aerospace Exploration Agency, JAXA, Mitsubishi Heavy Industries, Canon Electronics, Seiren, SpaceX Locations: Japan, Japanese, United States, China

☆ Alibaba shares sink after it shelves IPO plans for two units
▼ + stars: | 2024-02-08 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Shares in Alibaba sank as much as 7% in Hong Kong on Thursday, after the Chinese tech giant reported disappointing sales figures and announced it would suspend listings plans for two of its units. The news comes at a tough time for the tech giant. In December, the company reshuffled its top ranks after the stellar performance of a competitor caused a stir at Alibaba. The company’s announcement of a $25 billion share repurchase program, which it said demonstrated its confidence in its business and cash flow outlook, also failed to ignite interest among investors. Alibaba shares in New York closed 5.9% lower on Wednesday.

Persons: Joseph Tsai, ”, Alibaba, Jack Ma, PDD, Alicia Yap, Ma, —, Laura Organizations: Hong Kong CNN —, Cainiao, Reuters, Refinitiv, ” Citi Locations: China, Hong Kong, Alibaba, New York

☆ After Vice Media's fall, 4 of its top marketers are starting their own agency focused on AI. Here's how they're pitching clients.
▼ + stars: | 2024-02-07 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

The result is Sounds Fun, which they call an AI and innovation studio and announced this month. He also said Sounds Fun would treat artists with respect, using their creative work with their consent and ensuring they're credited and compensated. One of their highest-profile projects at Virtue, and the kind of work Sounds Fun hopes to build on, was Coke's Y3000 project . For Microsoft's developer conference, Ignite, Sounds Fun worked with artists on a variety of AI experiences, including an AI vending machine that made individualized pieces of art and haikus based on people's utterances. Check out slides from the deck Sounds Fun is using to pitch marketers its work with AI and other technologies.

Persons: It's, Iain S, Thomas, Isabel Muñoz Cadilla, Alex Gangi, Martin Magner, they're Organizations: Virtue, Business, Media, Companies

It's a story increasingly familiar in the energy industry: Some utility companies don't properly assess the risks wildfires pose to their operations. The primary purpose is to prevent power lines from igniting a wildfire during periods of high fire danger. The lawsuit also alleges the company "inexcusably kept their power lines energized during the forecasted high-fire danger conditions." A PG&E utility worker locates a gas main line in the rubble of a home burned down by wildfire in Paradise, California, Nov. 13, 2018. Several of those agencies track statewide wildfire information, but most did not keep track of the names of utility companies associated with wildfire incidents.

Persons: Michelle Glogovac, Glogovac, Laurie Allen, Brent Jones, Allen, Jones, inexcusably, Michael Wara, Shelee Kimura, Yuki Iwamura, David Pomerantz, Pomerantz, Patti Poppe, It's, JOSH EDELSON, Warren Buffett's, Stanford's, CNBC's Brian Sullivan, David Paul Morris, Institute's Pomerantz, Tama Organizations: CNBC, Electric, Energy, Stanford University, Hawaiian Electric, AFP, Getty, Policy, Policy Institute, NV Energy, Warren Buffett's Berkshire Hathaway Energy, Bloomberg, Getty Images Locations: Paradise , California, Lahaina , Hawaii, Hawaii, Maui, Maui County, Lahaina, California, Nevada, Warren, — Arizona, California , Colorado, Hawaii , Montana , Nevada , New Mexico , Oregon , Utah, Washington, Arizona , New Mexico, Utah

☆ Startup funding is falling in most major cities. So why is Boston pulling ahead?
▼ + stars: | 2024-02-05 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

AdvertisementThe Bay Area took the lion's share of capital raised on Carta in 2023, followed by Boston, then New York. AdvertisementAccording to Carta data, select metro areas saw the total early-stage funding raised decline by at least a third from 2022 to 2023. Yet early-stage funding was only down 24% in Boston, however, the smallest decrease of the metro areas that Carta tracks. According to Carta data, about $2.6 billion of capital raised in biotech flowed to Boston startups last year. Beyond biotechThe Carta data shows Boston also had strong showings across investment in software-as-a-service and hardware.

Persons: —, Zach Weinberg, Roche, Carta, Founders, that's, Rudina Seseri, Seseri, Peter Walker, Michael Greeley, Greeley, Mark Castleman, Castleman, Clement Cazalot, Cazalot, Walker Organizations: Service, Massachusetts Turnpike, Partners, Business, Carta, Boston, East Coast, Companies, Area, Flare Capital Partners, pharma, Intel Ignite, Glasswing Ventures, Founders, Machinery, Pritzker Group, Armory Square Ventures, Way Ventures, Klaviyo's, New York Stock Exchange Locations: Boston, New York City, East, Boston , Cambridge, Newton , Massachusetts, Newark, Jersey City , New Jersey, New York, San Francisco, Bay, France, Copley

NEW YORK (AP) — Gap Inc. has tapped American fashion designer Zac Posen as the chain's creative director. Dickson had previously been president of toy giant Mattel and was responsible for re-energizing its Barbie and Hot Wheels lines. Gap also operates stores under Athleta and Banana Republic, Old Navy and its namesake brand. Photos You Should See View All 45 ImagesHe'll be executive vice president at Gap Inc. and also chief creative officer for the lower-priced Old Navy chain. Posen will work closely with Haio Barbeito, Old Navy’s president and CEO, reporting directly to him, the company said.

Persons: Zac Posen, Richard Dickson, Dickson, ” Posen, Katie Holmes, Rihanna, Haio Barbeito Organizations: San, Mattel, Navy, ”, Gap Inc Locations: San Francisco, Banana Republic, Posen

☆ US needs to signal to Iran it's a possible target so it doesn't get too comfortable, says former top general in the Middle East
▼ + stars: | 2024-02-05 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

The retired general does not support attacks on Iran, but he says the country should be worried. Retaliatory US strikes have been focused on IRGC and Iran-backed militia targets outside Iran. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "I am not advocating for striking Iran," McKenzie told Margaret Brennan on CBS News' Face the Nation on Sunday. For a time, US responses to the actions of Iran-backed militias were also limited.

Persons: Frank McKenzie, —, McKenzie, Margaret Brennan, Joe Biden, Joseph Votel, Biden Organizations: US Central Command, Service, CBS, Islamic Revolutionary Guard Corps, CBS News Locations: Iran, IRGC, Syria, Iraq, Jordan

Lewis Hamilton surprised Mercedes team principal Toto Wolff when he broke the news over breakfast that he was leaving the F1 team for Ferrari but there is “no grudge” between them, Wolff said Friday. Hamilton is leaving Mercedes at the end of the upcoming season to join Ferrari for 2025 in a move announced Thursday. Hamilton has raced for Mercedes since 2013 and won six of his seven titles with the team. Wolff said he has no concerns about involving Hamilton with Mercedes’ car development, even with Hamilton due to join a rival. In more recent times, Mercedes has also been a key supporter of Hamilton's efforts to improve diversity in F1.

Persons: Lewis Hamilton, Mercedes, Toto Wolff, Wolff, Hamilton, “, I've, ” Wolff, Hamilton’s, Peter Bonnington, ‘ Bono ’, George Russell, Mercedes ’, Nico Rosberg, we’ve, Nico, ”, ” Hamilton, —, Ferrari —, Lewis Organizations: Ferrari, Mercedes, Hamilton, McLaren Locations: Oxford, England, Abu Dhabi, Sao Paulo

Late last year, Wall Street investors had bet that a rate cut in March was a near-certainty. Collectively, the policymakers likely feel little urgency to start cutting rates, a point that Chair Jerome Powell may stress in a news conference Wednesday. The unemployment rate, at 3.7%, isn't far above a half-century low. Yet some cracks have begun to appear in the job market and, if they worsen, could spur the Fed to cut rates more quickly. Though the European Central Bank could cut rates as soon as April, many economists think that might not happen until June.

Persons: Joe, Biden, Jerome Powell, they’re, ”, Subadra Rajappa Organizations: WASHINGTON, Federal Reserve, Republicans, Congress, Wall Street, Consumers, General Motors, United Auto Workers, Conference Board, European Central Bank Locations: U.S, United States

The Federal Reserve on Wednesday did what everyone expected, holding interest rates steady for now. But it also avoided saying anything about what it plans to do with rates in the future, dashing hopes for now that rate cuts are in the offing soon. “The Committee judges that the risks to achieving its employment and inflation goals are moving into better balance,” the statement read. Over 12 months, the core rate has come down to 2.9%, he pointed out, adding, “We’re wanting to see more data. “However, they do need to be careful about holding rates up too far, too long.”Economists are predicting a slowdown this year.

Persons: Jerome Powell, ” Powell, “ We’re, You’ve, Powell, ”, Greg Friedman, Brian Henderson, “ There’s, Charlie Wise, Wise Organizations: Federal Reserve, Fed, ”, Dow Jones, Peachtree Group, BOK, “ Locations: American

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