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☆ What does Moody’s downgrade mean for markets?
▼ + stars: | 2023-08-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —Moody’s on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also eventually downgrade those institutions. Some investors say that while the Moody’s downgrade isn’t groundbreaking, it’s a reminder that the economy, and markets, still have challenges ahead. Moody’s downgraded Commerce Bank, BOK Financial, M&T Bank, Old National Bank, Prosperity Bank, Amarillo National Bank, Webster Financial, Fulton Financial, Pinnacle Financial and Associated Bank. Wall Street firms fined $549 million for using WhatsApp and other channelsWells Fargo is among a number of Wall Street firms that admitted Tuesday to using WhatsApp, Signal and other messaging platforms for “off-channel” communications in violation of federal recordkeeping requirements. The Securities and Exchange Commission said the Wall Street firms acknowledged wrongdoing and have agreed to pay penalties totaling $289 million, reports my colleague Matt Egan.

Persons: CNN — Moody’s, JPMorgan Chase, Wells, Goldman Sachs, BNY, Cullen, Frost, ” Moody’s, ”, Kara Murphy, Fitch, Christopher Marinac, Janney Montgomery Scott, Price, Matt Egan, Houlihan Lokey, Alicia Wallace Organizations: CNN Business, Bell, CNN, Bank, Dow Jones, Nasdaq, JPMorgan, Banking, BNY Mellon, Northern Trust, Frost Bankers, Truist Financial, US Bank, Moody’s, Commerce Bank, BOK, T Bank, National Bank, Prosperity Bank, Amarillo National Bank, Webster Financial, Fulton Financial, Pinnacle Financial, Associated Bank, PNC Financial Services, Financial, Citizens Financial, Fifth Third Bank, Huntington Bank, Regions Financial, Cadence Bank, FNB Corp, Simmons, Ally Financial, Bank OZK, Valley Bank, Signature Bank, Federal Reserve, Kestra Investment Management, Consumer, Wall Street, Securities, Exchange Commission, SEC, BNP, SG Americas, BMO Capital Markets, Mizuho Securities, SMBC Nikko Securities, Federal Reserve Bank of New Locations: Wells Fargo, Amarillo, Marinac, Wells, SMBC Nikko Securities America, WhatsApp, Federal Reserve Bank of New York, York

☆ US women’s World Cup domination has ended. But the nation remains a global talent factory
▼ + stars: | 2023-08-07 | by ( Jessie Yeung | ) edition.cnn.com time to read: +12 min

The US women’s team has been historically dominant, winning four World Cups (and four Olympic gold medals). UK-born US national team defender Antonee Robinson in action for Fulham in the Premier League on May 8, 2023. Warren Little/Getty ImagesHistory of US women’s dominanceThe civil rights law Title IX, passed in 1972, is one major reason why the US women’s team is so strong, experts say. Sarina Bolden represents the Philippines at the FIFA Women's World Cup on July 25, 2023. Haiti's Noa Ganthier holds a phone for a selfie in Brisbane Stadium, Australia, at the Women's World Cup on July 21, 2023.

Persons: Antonee Robinson, Sergiño Dest, Tim Weah, –, George Weah –, ”, Gijsbert Oonk, Warren Little, IX, Leander Schaerlaeckens, ” Schaerlaeckens, Oonk, It’s, Schaerlaeckens, “, Sarina Bolden, Catherine Ivill, Bolden, she’d, ” Noa Ganthier, I’ve, ” Danielle Etienne, Derrick Etienne, Haiti's Noa Ganthier, Dan Peled, Nigeria’s, Elkeson Organizations: CNN, Washington DC, US, Fulham, FC Barcelona, West African country’s, Sport, Erasmus University Rotterdam, Olympic Games, Premier League, Soccer, Marist College, International, Erasmus University, FIFA, Haiti, Haitian, Haiti’s men’s, men’s Locations: California, Seattle, Philippines, United States, America, Haiti, Jamaica, United Kingdom, Netherlands, US, Liberia, England, Brazil, Spain, Argentina, Europe, American, Florida, father’s, Virginia, Brisbane, Australia, Mexico, Asia, China, Vietnam

☆ Ukraine aims to retake ground by Bakhmut, Russia says it repelled attacks
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +2 min

[1/3] Ukrainian serviceman operates a reconnaissance unmanned aerial device over the outskirts of Bakhmut town, amid Russia's attack on Ukraine, near a frontline Donetsk region, Ukraine May 25, 2023. Maliar said Ukrainian forces were advancing "slowly but confidently" south of Bakhmut while securing control of positions north of the city. Accounts from Moscow said Russian troops had repelled eight Ukrainian attempts to advance in the east and inflicted a defeat near Bakhmut. Ukrainian forces, she said, were also working to contain intensified Russian attacks on areas farther north in Donestsk region, around Kupiansk and Lyman. One prominent commander who comments on the front, Maksym Zhorin, said Ukrainian forces had secured partial control of the key village of Klishchiivka.

Persons: Anna Kudriavtseva, Hanna Maliar, Maliar, Lyman, Volodymyr Zelenskiy, Maksym Zhorin, Ron Popeski, Nick Starkov, Cynthia Osterman Organizations: Ukrainian, REUTERS, Kyiv, Russian, Russia's Defence Ministry, Thomson Locations: Bakhmut, Ukraine, Donetsk, Moscow, Azov, Crimean, Kyiv, Donestsk, Kupiansk, Klishchiivka

☆ Romania bids to clear Danube logjam after Ukraine attack
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +4 min

Romanian authorities managing the waterway still expect a "peak" in traffic in August, despite the attack, an official said. Before Russia pulled out of the safe passage corridor, the Danube ports accounted for around a quarter of Ukraine's grain exports. Romanian President Klaus Iohannis said Russia's attacks on Ukraine's civilian infrastructure on the Danube amounted to war crimes. "We will clear around 30 ships in two days, at least 12 today, if not 14, and the rest tomorrow." Industry sources have told Reuters war risk cover for Ukraine's ports that were part of the previous grain deal had already been suspended.

Persons: Klaus Iohannis, Florin Uzumtoma, Uzumtoma, Izmail, Denys Shmyhal, Shmyhal, Mykola Solsky, Luiza Ilie, Jonathan Saul, Pavel Polityuk, Peter Graff, Conor Humphries Organizations: United, Reuters, underwriters, Industry, Insurance, NATO, Thomson Locations: Romania, Ukraine, BUCHAREST, KYIV, Izmail, Ukrainian, Russia, United Nations, Turkey, Romanian, Constanta, Musura, Bucharest, London, Kyiv

☆ Ukraine says Russians fail to advance but are well dug in
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +3 min

Ukrainian service members of the 35th Separate Marines Brigade attend a military drill near a frontline, amid Russia's attack on Ukraine, in Donetsk region, Ukraine July 31, 2023. Much of Russian military activity focused on air attacks that damaged grain infrastructure in Ukraine's Danube port of Izmail. Kyiv also says it has retaken areas near Bakhmut, an eastern city seized by Russian forces in May after months of battles. Deputy Ukrainian Defence Minister Hanna Maliar said Russian forces had "tried quite persistently to halt our advance in the Bakhmut sector. Oleksiy Danilov, the Secretary of Ukraine's Security Council, said Russian forces had ample time in months of occupation to prepare defences and lay extensive minefields.

Persons: Viacheslav, Hanna Maliar, Oleksiy Danilov, Danilov, Volodymyr Zeleskiy, Chasiv Yar, Ron Popeski, Gerry Doyle Organizations: Marines Brigade, REUTERS, Russia's Defence, Russian, Ukrainian, Ukraine's Security, Russia's, Thomson Locations: Ukraine, Donetsk region, Donetsk, Izmail, Ukrainian, Russian, Azov, Crimean, Kyiv, Bakhmut

☆ Ukraine reports fierce fighting in northeast
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +3 min

Russia's military said it had halted Ukrainian forces in the northeast. Maliar said the Russians had suffered "no fewer losses than during the heated battles in Bakhmut", which fell to Russian forces after more than 10 months of fighting. But fierce fighting has also flared around the Ukrainian -held northeastern towns of Kupiansk and Lyman. Maliar said Russian forces were also "tenaciously trying to seize back" areas on the southern front taken by Ukraine. Russian forces, it said, had also repelled four Ukrainian attacks near the town of Lyman, further south.

Persons: Volodymyr Zelenskiy, Zelenskiy, Hanna Maliar, Maliar, Lyman, Ron Popeski, Nick Starkov, Stephen Coates Organizations: Ukrainian, Russian, Russia's Defence Ministry, Thomson Locations: Ukrainian, Moscow, Bakhmut, May, Ukraine, Kharkiv, Sumy, Russians, Russian, Crimean, Kupiansk, Svatove, Lyman

☆ Opinion | The Radicalization of the Young Right
▼ + stars: | 2023-07-31 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

When Sitman condemned the right’s cruelty toward trans people, Hochman conceded some of his points. “Do I love the way that some people on the right talk about sensitive culture issues surrounding stuff like transgenderism always? “Could we use more empathy and humility in the way that we approach these questions? Absolutely.”In March, Hochman went to work for Ron DeSantis, who at the time still looked like the most viable standard-bearer for a post-Trump Republican Party. But whatever his motives, his trajectory from conservative intellectual wunderkind to disgraced troll tells us quite a bit about the culture of the young right.

Persons: —, Nate Hochman, Sam Adler, Bell, Hochman, who’d, Matthew Sitman, Adler, Bell’s, Sitman, ”, Ron DeSantis, Axios, he’d, — Hochman, callow, wunderkind Organizations: National, New York Times, Trump Republican Party, Florida City Locations: Nazi

BOGOTA, July 27 (Reuters) - Colombian police have seized property and bank accounts worth 1.3 trillion pesos ($329 million), proceeds from the sale and export of stolen crude oil, officials said on Thursday. To sell the stolen oil, criminal groups mixed it with legally-bought crude so it could be exported via front companies, police said. Colombia's majority state-owned oil company Ecopetrol (ECO.CN) was the main victim of the scheme, costing it 60 billion pesos, police added. The gangs stole crude from Colombia's Cano Limon-Covenas pipeline which runs parallel to the border with Venezuela. Furthermore, "large quantities" of light Venezuelan crude were brought into Colombia before being mixed with Colombian oil and exported via the Cano Limon-Covenas pipeline, the statement said.

Persons: Cano, Katherine Casas, Cano Limon, Luis Jaime Acosta, Oliver Griffin, Grant McCool Organizations: Colombian, Interpol, Reuters, National Liberation Army, Police, Thomson Locations: BOGOTA, Narino province, Venezuela, Pacific, Buenaventura, Colombia

☆ Kenya’s Faith Kipyegon shatters women’s mile world record
▼ + stars: | 2023-07-22 | by ( Caolán Magee | ) edition.cnn.com time to read: +1 min

CNN —Kenya’s Faith Kipyegon smashed the women’s mile world record by almost five seconds at the Monaco Diamond League on Friday. It just went smoothly and to accomplish the world record - that is amazing,” said Kipyegon per Reuters. Faith Kipyegon celebrates after setting a new world record at four minutes, 7.64 seconds. “When I started this season, my goal was to just break the 1500m world record. Laura Muir went on to shatter Zola Budd’s 38-year-old British women’s mile record, finishing fourth.

Persons: CNN —, Kipyegon, Dutchwoman Sifan Hassan, “, ”, Claudia Greco, ” Kipyegon, Ciara Mageean, Sonia O’Sullivan’s, Ethiopia’s Freweyni Hailu, Laura Muir, Zola, Australia’s Jessica Hull, Nikki Hiltz, Melissa Courtney, Bryant Organizations: CNN, Monaco Diamond League, Reuters, Kenyan, United States Locations: Hungary, Budapest, United, American

☆ Russia warns ships in Black Sea, Ukraine to create temporary grains export route
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +5 min

Ukraine said on Wednesday it was establishing a temporary shipping route via Romania, one of the neighbouring Black Sea countries. Russia's Defence Ministry said flag states of ships travelling to Ukrainian ports would be considered parties to the conflict on the Ukrainian side from midnight Moscow time (2100 GMT on Wednesday). U.S. officials have information indicating Russia laid additional sea mines in the approaches to Ukrainian ports, said White House National Security Council spokesperson Adam Hodge. "We believe that this is a coordinated effort to justify any attacks against civilian ships in the Black Sea and lay blame on Ukraine for these attacks," he said. Russian President Vladimir Putin accused Western countries of "perverting" the U.N.-backed deal formally called the Black Sea Grain Initiative.

Persons: West, Vasyl Shkurakov, Volodymyr Zelenskiy, Adam Hodge, Vladimir Putin, Putin, Valery Shershen, Grant McCool, Stephen Coates Organizations: Ukrainian Coast Guard, Operational Command, Putin, International Shipping Organization, United, Sunday, Russia's Defence Ministry, White, National Security, Monetary Fund, Russian, Reuters, Pentagon, Ukraine, European Union, Thomson Locations: Izmail, Odesa, Ukraine, Moscow, Russia, Romania, United Nations, Turkey, Ukrainian, Russian, Africa, Asia, China, Azov, Crimea, Washington, Brussels, European

☆ How the wreckage of the Titanic was found during a secret US Navy mission to recover nuclear submarines
▼ + stars: | 2023-07-17 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +3 min

It took 73 years to find the wreckage of the Titanic in the North Atlantic Ocean. Decades later, Ballard revealed that the dive was actually a secret Cold War Navy mission. But the dive initially had nothing to do with the Titanic at all — it was a secret mission to find the wrecks of two nuclear submarines, the USS Scorpion and the USS Thresher. Of course, nobody knew that until 2008, when Ballard revealed the true nature of the mission to National Geographic. So, 23 years later, Ballard revealed the truth about his mission.

Persons: Robert Ballard, Ballard, Jean, Louis Michel, Bettmann, Ronald Thunman, Xavier Desmier Organizations: Navy, Service, Titanic, USS, Geographic, National Geographic, US Navy, Soviet Union Locations: Wall, Silicon, French, Soviet

☆ Russian forces on the offensive in northeast, say Ukraine officials
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +2 min

July 17 (Reuters) - Large contingents of Russian forces are on the offensive in northeastern Ukraine's Kupiansk sector and engaged in heavy fighting, Ukrainian officials said on Monday. But officials have pointed to an intensification of Russian activity near Kupiansk and nearby Lyman, towns in the northeast retaken by Ukraine late last year. Russian forces in the area, Cherevatyi said, had drafted in airborne units and their best motorised infantry units. The Russian defence ministry's accounts of fighting in the region said Russian forces had hit Ukrainian positions in several towns in Kharkiv and the neighbouring Luhansk region. Russian forces, the ministry said, had also repelled 13 Ukrainian attacks further south in Donetsk, including areas near the shattered city of Bakhmut, captured by Russian forces in May after months of battles.

Persons: Hanna Maliar, Serhiy Cherevatyi, Kyrylo, Cherevatyi, Maliar, Ron Popeski, Alex Richardson, Rosalba O'Brien Organizations: Russian, Deputy, Reuters, Thomson Locations: Ukraine's Kupiansk, Kupiansk, Lyman, Ukraine, Kharkiv, Afghanistan, Russian, Luhansk, Donetsk, Bakhmut, Azov

☆ Albert Einstein wrote to the US pleading with the government to build an atomic bomb 80 years ago. Here's what he said.
▼ + stars: | 2023-07-04 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +6 min

Albert Einstein was famously a pacifist, but he urged the US to develop the atomic bomb. Szilard and two other Hungarian physicists, Edward Teller and Eugene Wigner, who were both refugees, told Einstein of their grave concerns. Einstein and Leo Szilard reenacting the signing of their letter to Roosevelt warning that Germany may be building an atomic bomb. Einstein later said, "Had I known that the Germans would not succeed in developing an atomic bomb, I would have done nothing for the bomb." UK Prime Minister Winston Churchill meets with Roosevelt in the meeting where they finalized plans for an atomic bomb.

Persons: Albert Einstein, —, Franklin D, Roosevelt, Einstein, Alexander Sachs, Alex, Sachs, Leo Szilard, Szilard, Edward Teller, Eugene Wigner, Leo Szilard reenacting, Cynthia Kelly, Winston Churchill, Warren Buffett Organizations: Manhattan, Service, Atomic Heritage Foundation, New York Times, Jewish, Getty, Geographic, Uranium, Manhattan Project, AP, Gamma, Columbia University Locations: Japan, Nazi Germany, Germany, Hungarian, Hiroshima, Nagasaki, AP Nazi Germany, Keystone, France, United States

☆ Russian missile hits restaurant in Ukraine's Kramatorsk killing at least eight
▼ + stars: | 2023-06-27 | by ( Max Hunder | ) www.reuters.com time to read: +3 min

KRAMATORSK, Ukraine, June 27 (Reuters) - A Russian missile struck a restaurant in the eastern Ukrainian city of Kramatorsk on Tuesday, killing at least eight people and wounding 56, emergency services said, as rescue crews combed the rubble in search of casualties. A second missile hit a village on the fringes of Kramatorsk, injuring five, but the main casualties were at the restaurant, where at least three children were among the dead. A Russian missile also hit a cluster of buildings in Kremenchuk, about 375 km (230 miles) west in central Ukraine, exactly a year after an attack on a shopping mall there that killed at least 20. In Kramatorsk, a city frequently targeted by Russian attacks, emergency workers scurried in and out of the shattered restaurant as residents stood outside embracing and surveying the damage. [1/9]A view shows a building of a restaurant heavily damaged by a Russian missile strike, amid Russia's attack on Ukraine, in central Kramatorsk, Donetsk region, Ukraine June 27, 2023.

Persons: Pavlo Kyrylenko, Volodymyr Zelenskiy, Ron Popeski, Chizu Nomiyama, Leslie Adler, Mark Heinrich, Cynthia Osterman, Simon Cameron, Moore Organizations: Police, Reuters, Donetsk Regional, Civil, Facebook, Thomson Locations: KRAMATORSK, Ukraine, Russian, Ukrainian, Kramatorsk, Kremenchuk, Donetsk region, Donetsk, Russia, Donetsk province, town's

☆ James Cameron: How the 'Titanic' director became a deep-sea explorer
▼ + stars: | 2023-06-23 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

Cameron, who is also the director of the Oscar-winning movie “Titanic,” has shared his perspective on the “catastrophic implosion” that killed five aboard the Titan submersible on its way to tour the Titanic wreckage. The youngster would also track a then new deep-sea submersible named Alvin. “It was such a golden age of technological exploration,” Cameron said of the time. Cameron told NPR in 2012 that there is a connection between what he does professionally in films and his personal life as an explorer. “But it has problems, because there’s no second take!”Record breaking explorationAlong with his exploring, Cameron fell in love with the technology that makes deep-sea diving possible.

Persons: James Cameron, Cameron, Oscar, ”, ” Cameron, CNN’s Anderson Cooper, Jacques Cousteau’s, “, Playboy, ‘, there’s, Saul Loeb, Mariana Trench, Earth Cameron Organizations: CNN, Titan, National Geographic, Geographic, Getty Locations: Ontario, Canada

☆ Veterans Rapinoe, Morgan named in U.S. World Cup squad
▼ + stars: | 2023-06-21 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

[1/2] Jun 10, 2023; Seattle, Washington, USA; OL Reign forward Megan Rapinoe (15) is seen before the game against the Kansas City Current at Lumen Field. Five players, Rapinoe, Morgan, midfielder Julie Ertz, defender Kelley O’Hara and goalkeeper Alyssa Naeher were part of the victorious U.S. World Cup squads in 2015 and 2019. The top-ranked Americans are fielding one of their least experienced squads in recent memory, with 14 of the 23 players going to their first World Cup, compared to 11 in 2019 and seven in 2015. Sam's sister and fellow midfielder, Kristie Mewis, was included in the roster for her first World Cup at age 32. Her Gotham FC team mate, Lynn Williams, also made the cut for the global showpiece tournament for the first time at age 30.

Persons: Megan Rapinoe, Michael Thomas Shroyer, Alex Morgan, Vlatko Andonovski, Alyssa Thompson, Naomi Girma, Savannah DeMelo, Andonovski, Sophia Smith, Trinity Rodman, Morgan, Julie Ertz, Kelley O’Hara, Alyssa Naeher, Mallory Swanson, Becky Sauerbrunn, Catarina Macario, Sam Mewis, Kristie Mewis, Lynn Williams, Aubrey Kingsbury, Casey Murphy, Alana Cook, Crystal Dunn, Emily Fox, Sofia Huerta, Kelley O'Hara, Emily Sonnett, Lindsey Horan, Rose Lavelle, Kristie, Ashley Sanchez, Andi Sullivan, Amy Tennery, Ed Osmond Organizations: Kansas, Lumen, YORK, Savannah, Women's Soccer League, U.S, Gotham FC, Washington, North, Courage, Chicago Red Stars, Portland Thorns FC, Diego Wave FC, NY Gotham FC, Racing Louisville FC, FC, Olympique Lyonnais, San Diego Wave FC, Angel, Thomson Locations: Seattle , Washington, USA, States, Australia, New Zealand, NJ, Angel, New York

☆ What James Cameron has said about diving to the Titanic wreckage
▼ + stars: | 2023-06-20 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

CNN —James Cameron isn’t just one of Hollywood’s most successful directors ever, he’s also a lover of deep sea exploration. Here’s what the director has said in the past about the deep sea exploration. Cameron took cameras to document the entire trek in the western Pacific. The sub’s just going like a bat out of hell.”Quickly, he said, he went past Titanic depth. I get to bear witness to a miracle that’s down there all the time,” Cameron told 60 Minutes Australia in 2018 of his deep sea explorations.

Persons: James Cameron isn’t, he’s, ”, Cameron, ’ Cameron, Playboy, “, ‘, ” Cameron, Jacques Cousteau’s, Joe MacInnis, MacInnis, Mariana Trench, Suzy Amis Cameron, Lizzy Calvert, you’ve Organizations: CNN, National Geographic, Royal Ontario Museum, Geographic, Australia Locations: Ontario, Canada, Toronto, Pacific, “

[1/3] The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. "Core inflation is not coming down like I thought it would," Federal Reserve Gov. The U.S. economy was "still ripping along for the most part," he said, with the underlying pace of price increases "moving sideways." The Fed this week ended its run of 10 consecutive rate hikes when policymakers decided to keep the benchmark overnight interest rate in a range of from 5% to 5.25%. Though Fed chair Jerome Powell at a press conference Wednesday said no decision had been made about the upcoming July Fed meeting, investors and other analysts broadly expect the Fed to resume rate increases.

Persons: Sarah Silbiger WASHINGTON, Christopher Waller, Waller, Thomas Barkin, Barkin, I’m, Jerome Powell, Austan Goolsbee, Goolsbee, Howard Schneider, Chizu Nomiyama, Alistair Bell Organizations: Eccles Federal Reserve, Washington , D.C, REUTERS, . Federal Reserve, Federal, Silicon Valley Bank, Richmond Federal, Fed, Chicago Fed, Thomson Locations: Washington ,, Norway, Silicon, U.S, Maryland

☆ Opinion: The good news about lower HIV infections comes with a big caveat
▼ + stars: | 2023-05-31 | by ( Opinion Lala Tanmoy Das | ) edition.cnn.com time to read: +6 min

But as of 2019, Black people accounted for 40% of people with HIV, and Hispanic and Latino people accounted for nearly 30%, according to the CDC. And shockingly, in 2021, only 11% and 20% of Black and Hispanic people, respectively, who would potentially benefit from PrEP, were prescribed it. To date, health care providers are the primary gatekeepers of PrEP prescriptions. For example, educational sessions in conferences, easily accessible virtual resources and academic journal clubs may help dispel myths among health care providers about PrEP. Several studies found that White men who have sex with men (MSM) have significantly higher PrEP awareness than Black and Hispanic MSM.

Persons: Lala Tanmoy, Tom, Das, Read, Lala Tanmoy Das Patricia Kuharic, it’s Organizations: Weill Cornell Medicine, CNN, for Disease Control, PrEP, The Joint Commission, California’s PrEP, MSM, Facebook, Pride Month, FDA, Twitter Locations: New York, White, Black

☆ Second U.S. Women’s Pro Soccer League to Launch in 2024
▼ + stars: | 2023-05-16 | by ( Rachel Bachman | ) www.wsj.com time to read: 1 min

The 11-year-old National Women’s Soccer League has enjoyed a recent growth spurt after years of business challenges and scandal. Now it has another challenge: competition from an upcoming women’s professional league. United Soccer League, an organization that operates soccer leagues at several levels of the sport, announced plans Tuesday to launch a women’s professional circuit called the USL Super League.

Kidde-Fenwal filed for Chapter 11 protection in Delaware bankruptcy court. Kidde-Fenwal sold AFFF foam products from 2007 to 2013, according to court documents. Kidde-Fenwal does not make AFFF products, but it previously sold AFFF products through a subsidiary called National Foam. 3M, a central defendant in the AFFF lawsuits, has said it would stop producing PFAS by 2025. The case is In re Kidde-Fenwal Inc, U.S. Bankruptcy Court for the District of Delaware, No.

After hitting the $31.4 trillion borrowing cap on Jan. 19, Treasury Secretary Janet Yellen previously told Congress Treasury would keep up payments on debt, federal benefits and make other outlays at using cash receipts and extraordinary cash management measures. The Republican bill would implement $4.5 trillion in spending cuts - or about 22% - in exchange for a $1.5 trillion increase in the U.S. debt limit. It has no chance of passing the Democrat-controlled Senate and the White House has said President Joe Biden would veto the legislation. The White House has asked Congress to raise the debt limit without conditions; administration officials are already making plans to negotiate with Republicans over the president's 2024 budget plan. What we can’t see is that the debt limit be used by a part of Congress to hold an entire agenda of unrelated items hostage to this threat of default," she said.

☆ US may run short of cash after June 1 without debt limit hike, Treasury says
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +3 min

The debt ceiling could become binding by June 1, she said. In 2011, a similar debt ceiling fight took the country to the brink of default and prompted a downgrade of the country's top-notch credit rating. The Republican bill would implement $4.5 trillion in spending cuts - or about 22% - in exchange for a $1.5 trillion increase in the U.S. debt limit. It has no chance of passing the Democrat-controlled Senate and the White House has said President Joe Biden would veto the legislation. What we can’t see is that the debt limit be used by a part of Congress to hold an entire agenda of unrelated items hostage to this threat of default," she said.

☆ Russians pound frontline positions in Bakhmut, Ukraine military says
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +3 min

It said Russian forces had failed to advance on two villages to the northwest. Ukraine's military has made no comment on a new counter-offensive to build on advances undertaken last year to recapture Russian-occupied areas in the northeast and the south. In Washington, the top U.S. general in Europe said Ukraine's military would get the weaponry it needed in time. Military analyst Denys Popovych told Ukrainian NV Radio that there was no immediate prospect of turning things around in Bakhmut. "Bakhmut offers an opportunity to destroy Russian troops and prevent them from being engaged elsewhere."

☆ Britain hands Northern Ireland 'difficult decisions' in budget
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

UK Parliament/Jessica Taylor/Handout via REUTERSLONDON, April 27 (Reuters) - Britain set out a budget for Northern Ireland on Thursday that gave the region two years to repay an overspend from the last 12 months but warned "difficult decisions" will be needed with funding set to remain flat year-on-year. Northern Ireland has been without a power-sharing government for over a year due to a dispute about post-Brexit trade rules, leaving Britain's minister for the region to set a budget and civil servants to make the subsequent spending decisions. "This will provide some protection to front line public services in Northern Ireland from having to take the most severe reductions. However, difficult decisions remain in order to live within the funding available," he said in a statement. "Any idea that putting in a punishing budget to Northern Ireland is going to bully the DUP to get back sooner is for the birds, absolute nonsense," DUP lawmaker Emma Little-Pengelly told national broadcaster RTE.

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