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☆ The 'coveted soft landing' is here, Biden's top labor official says — and it could set Americans up for an interest rate cut in September
▼ + stars: | 2024-07-08 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Since last fall, the Federal Reserve has held interest rates steady as it continued fighting to get inflation closer to its 2% target. Alongside the Federal Open Market Committee's announcement to hold interest rates steady during its most recent meeting in June, the Summary of Economic Projections penciled in just one interest rate cut for 2024. However, Powell said during the June press conference that there was still time to change that projection — and that a rate cut in September is "plausible." "It's going to be the totality of the data, what's happening in the labor market, what's happening with the balance of risks, what's happening with the forecast, what's happening with growth," he said. CME FedWatch, which estimates market assessments of the probability of interest rate cuts, projects a 93% chance interest rates will remain steady in July and a 72% chance rates will be cut by September.

Persons: —, Jerome Powell, Julie Su, Su, Powell, Jan Hatzius, Goldman Sachs, Hatzius Organizations: Service, Federal Reserve, Business, of Labor Statistics, Fed, CNBC Locations: —

☆ La travesía de una familia para llegar a EE. UU. por 8000 kilómetros y 8 países
▼ + stars: | 2024-07-08 | by ( Por Luis Ferré-Sadurní | Juan Arredondo | ) www.nytimes.com time to read: +8 min

Millones de venezolanos como la familia Aguilar Ortega han huido de la miseria económica y la represión política en su país natal mientras la nación se sumía en el caos. La decisión indignó a los críticos que alegan que contradice la imagen de Estados Unidos como un refugio seguro para los vulnerables. Inicialmente, los periodistas conocieron a la familia en Ciudad de México, y luego los alcanzaron en la frontera entre Estados Unidos y México. La dura experiencia sería una prueba para su fortaleza mental y física, tensaría la relación de la pareja, y retaría su compromiso y capacidad para forjarse una nueva vida en Estados Unidos. Aguilar afirma que los fiscales venezolanos distorsionaron los cargos y que él y su amigo no usaron violencia.

☆ Southwest Airlines shareholders puzzled by Elliott's activism can look to past campaigns for insight
▼ + stars: | 2024-07-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +12 min

Rather than sparking typical cheer on Wall Street, Elliott's campaign, spelled out in a 50-page presentation, led to confusion and concern among investors and customers. Several activism experts pointed to two of Elliott's past targets for insight into the hedge fund's strategy for Southwest: Suncor Energy in 2022 and Marathon Petroleum in 2019. Elliott partner John Pike, who is now leading the Southwest campaign, was involved in the firm's actions at both energy companies. Pike and portfolio manager Bobby Xu are leading Elliott's Southwest campaign. But in 2018, a few months after reaching an agreement with Elliott, Marathon announced it was only getting bigger.

Persons: David Paul Morris, Elliott, Bob Jordan, Gary Kelly, Elliott hasn't, Southwest's, John Pike, Haviv Ilan, Marc Benioff, Jordan, Pike, Bobby Xu, Vinson, Elkins, Mark Little, Elliott's Pike, Suncor's, Little, Rich Kruger, Candace Elliott, Marathon, Weeks, Gary Heminger, Mike Hennigan, Hennigan, hasn't, It's, isn't, Kelly, it's, Xu, — CNBC's Leslie Josephs Organizations: Southwest Airlines, Oakland International Airport, Bloomberg, Getty, Elliott Management, Southwest, Melius Research, Suncor Energy, Marathon Petroleum, Marathon, Etsy . Texas, of America, Suncor's Petro, Canada, Canadian, Petro - Canada, Petro, Exxon Mobil, Reuters, Speedway, Elliott, Company, Heminger, Artisan Partners, Suncor, Southwest Airlines Pilots Association, CNBC Locations: Oakland , California, Dallas, Suncor, New York, West Palm Beach , Florida, Etsy, Canada, Sherwood Park , Alberta, Marathon, Southwest

☆ Acting Labor Secretary on June jobs report: Signs of a strong economy & historic economic recovery
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailActing Labor Secretary on June jobs report: Signs of a strong economy & historic economic recoveryActing Labor Secretary Julie Su joins 'Squawk on the Street' to discuss the June jobs report, state of the labor market and U.S. economy, and more.

Persons: Julie Su Locations: U.S

☆ The West is finally giving Ukraine a shot at 'cutting the head off the snake' rather than making it wait for Russia to strike
▼ + stars: | 2024-07-04 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +10 min

Russia launches many of its drone and missile attacks from within its own borders, and it amasses troops and equipment at home for offensive pushes into Ukraine. But for a long time, Ukraine could only turn to options like long-range drones to go after targets in Russia. De Bretton-Gordon noted that many Russian missile and drone attacks are launched from Russia itself. Russia initiated a new offensive against Kharkiv on May 10, launching deadly missile attacks and slowly pushing its military forward. Ingram agreed, saying that in Kharkiv, Ukraine's new permissions have "made a huge difference.

Persons: —, It's, Hamish de Bretton, Gordon, de Bretton, Bretton, George Barros, it's, Barros, Philip Ingram, weren't, Michael Clarke, John Hamilton, Volodymyr Zelenskyy, ISW, Kostiantyn Liberov, Ingram, Cancian Organizations: Service, Business, NATO Chemical, Nuclear, Army Tactical Missile Systems, Russian, Getty, Russian Defense Ministry, British Army, Army Tactical Missile System, Kharkiv, Associated Press, Artillery Rocket Systems Locations: Ukraine, Russia, West, Kharkiv, Russian, Anadolu, British, Belgorod, Russia's, Crimea, Ukrainian

☆ Clarence Thomas takes aim at a new target: Eliminating OSHA
▼ + stars: | 2024-07-02 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewSupreme Court Justice Clarence Thomas has set his sights on eliminating the Occupational Safety and Health Administration. And Thomas, widely considered to be the most conservative justice on the already mostly conservative court, wasn't happy. In a dissent, he explained why he believed the high court should've taken the case: OSHA's power, he argues, is unconstitutional. He argued that if OSHA didn't unconstitutionally grant too much legislative power to an agency, "it is hard to imagine what would." This isn't the first time Thomas has disagreed with his fellow justices to a conservative extreme.

Persons: —, Clarence Thomas, Thomas, should've, Julie A, Su, Labor —, Roe, Wade Organizations: Service, Occupational Safety, Health Administration, OSHA, Business, Labor, Appeals, Circuit, Reuters, Internal Revenue Locations: USA, Ohio, United States, SeaWorld

☆ Extreme heat is affecting workers this summer. New federal rules would require bosses to provide rest, water, and shade.
▼ + stars: | 2024-07-02 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +8 min

"Notably, acclimatization is the leading killer among the different factors related to heat illness," a senior administration official said. AdvertisementA senior administration official said OSHA's proposal, if finalized, would apply to all states including Texas and Florida. AdvertisementA senior administration official said OSHA's proposal is similar to standards that have been successful in those states. A senior administration official said OSHA will review state plans to ensure they are at least as effective as the federal rules. A senior administration official said OSHA also convened a national advisory committee of construction representatives comprised of management and labor interests.

Persons: —, Biden, Donald Trump, Julie Su, it's, it's it's, acclimatization, Greg Abbott, Critics, Abbott, Su, she's, who've, She's Organizations: Service, Workers, Business, Occupational Safety, Health Administration, Republican, National Weather Service, Bureau of Labor Statistics, OSHA, Dade, Texas Gov, Houston, Guardian, American Farm Bureau Federation, Construction Industry Safety Coalition Locations: Texas, Florida, Miami, Austin, Minnesota , California, Washington , Oregon, Colorado, California, Washington and Oregon, California , Arizona

☆ Changed rules for Ukraine mean its F-16s will arrive when they can make a far bigger impact, experts say
▼ + stars: | 2024-07-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

Read previewNew rules from Ukraine's allies about how it can use weapons they've supplied could have a strong impact on its long-awaited F-16s. That's because Ukraine now has permission to use weaponry given by its allies to hit targets on Russian soil. George Barros, a Russian military expert at the US-based Institute for the Study of War, said this will make the F-16s more effective. AdvertisementEven so, the experts said that the F-16s will make a difference for Ukraine, without being a total game changer on their own. The jets will help replenish lost aircraft, deter Russian jets, and act as air defenses.

Persons: —, George Barros, I'm, Barros, Peter Layton, it's, Layton, didn't, Russian Su, YURI KADOBNOV, Michael Clarke, Mark Cancian, there's, Clarke, Tim Robinson Organizations: Service, Russia, Business, Wing Public Affairs, Griffith Asia Institute, Royal Australian Air Force, Ukraine, Republicans, Getty, Marine, Center for Strategic, International Studies, UK's Royal Aeronautical Society Locations: Ukraine, Russian, Russia, AFP, British, Denmark, Netherlands, Norway, Belgium

☆ Deadly Russian Su-34 bombers are sitting ducks for Ukraine's ATACMS. But it can't attack without US approval.
▼ + stars: | 2024-06-30 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

Near the border of northeastern Ukraine, some of Russia's lethal Su-34 fighter jets sit in the open. The bombers have been used to pound Ukraine with regular barrages of glide bombs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNear the border with northeastern Ukraine, some of Russia's deadly Su-34 fighter bombers lie exposed on the tarmac of a military airfield as they await orders to carry out their next attack. Voronezh Malshevo airbase is a launching point for jets operated by the Russian Air Force's 47th Guards Bomber Aviation Regiment.

Persons: — Organizations: Service, Russian Air Force's, Guards Bomber Aviation Regiment, Business Locations: Ukraine, Voronezh Malshevo, Kharkiv

“Julian plans to swim in the ocean every day. He plans to sleep in a real bed, he plans to taste real food, and he plans to enjoy his freedom.”Stella Assange wed the WikiLeaks founder while he was incarcerated at London’s Belmarsh prison in 2022 and they have two children together. WikiLeaks founder Julian Assange kisses his wife, Stella Assange, as he arrives in Canberra, Australia, June 26, 2024. “But they were very excited when they found out that daddy was coming home,” Stella Assange said. Stella Assange, wife of WikiLeaks founder Julian Assange, speaks as lawyers Barry Pollack and Jennifer Robinson look on during a press conference at East Hotel in Canberra, Australia on June 26, 2024.

Persons: Julian Assange, Stella Assange, ”, “ Julian, ” Stella Assange, Edgar Su, Assange, “, Barry Pollack, Jennifer Robinson, Lisa Maree Williams Organizations: CNN, WikiLeaks, Justice Department, East Hotel Locations: United States, Canberra, Australia, Saipan, Northern Mariana Islands, Iraq, Afghanistan

Container ships are berthed at PSA's Pasir Panjang Terminal in Singapore July 15, 2019. Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia, maritime data firm Linerlytica said this month. SEVERE CONGESTIONSingapore, the world's second-largest container port, has seen particularly severe congestion in recent weeks. "The peak season, which traditionally starts in June, was advanced by a full month, causing ocean freight rates to soar." Container freight prices from Asia to the U.S. and Europe have tripled since early 2024.

Persons: Edgar Su, Linerlytica, Yemen's, Jayendu Krishna, Drewry, PortCast, Niki Frank, Dimerco, Jonathan Gold, Judah Levine, Jared Bernstein, Gene Seroka, Peter Sand, Jeslyn Lerh, Lisa Baertlein, Lisa Barrington, Miyoung Kim, Kim Coghill Organizations: REUTERS, Retailers, Ships, Drewry Maritime Advisors, Singapore, Singapore's, Port Authority, Drewry, Keppel, Tuas, Maersk, DHL Global, Asia, Descartes, National Retail Federation, Container, U.S ., of Economic Advisers, U.S, DHL, Thomson Locations: Pasir Panjang, Singapore, SEOUL, SINGAPORE, Asia, Africa, Malaysia's Port Klang, Tanjung Pelepas, Shanghai, Qingdao, China, South Korea, U.S, Europe, U.S . East Coast, U.S . West, of Los Angeles, Los Angeles, Seoul

☆ Russia's talking about a 6th-generation fighter jet while its Su-57 sits out the Ukraine war
▼ + stars: | 2024-06-22 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Not coincidentally, the discussion comes as the US Air Force hints that it may drop its plan for a sixth-generation fighter, a piloted air superiority fighter that will operate with drones. But experts consider the idea of a next-generation Russian fighter to be sheer fantasy at a time when it's struggling to operate its fifth-generation stealth fighters. AdvertisementDiscussing cutting-edge aircraft seems almost surreal for Russia, whose air force has enough problems using its current warplanes in Ukraine. Russia's fifth-generation fighter, the Su-57, has been conspicuous by its absence in Ukraine. In November 2023, a senior Russian aviation official said that no decision had been made as to whether a sixth-generation fighter would be manned or unmanned.

Persons: it's, Pavel Luzin, Evgeny Fedosov, Russia's, —, Russia wasn't, Sergei Korotkov, Fedosov, Michael Peck Organizations: Service, US Air Force, State Research Institute of Aviation Systems, TASS, America, Army, United Aircraft Corporation, Moscow Institute, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russian, Russia, Ukrainian, China, Forbes

☆ Ukraine proves it can target the Russian air force's weakest link
▼ + stars: | 2024-06-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

AdvertisementBut these were pinprick attacks designed to embarrass the Kremlin and demonstrate that nowhere in Russia is safe from Ukrainian attack. The aircraft didn't appear to catch on fire, suggesting the damage wasn't catastrophic, perhaps to be expected from small drones with small warheads. The Akhtubinsk attack suggests that Russian electronic warfare capacity has sufficient breadth to cover the front, but not depth to protect the Russian interior. Much like Russia's vaunted T-14 Armata, the Su-57 has been conspicuous by its absence from the Ukraine war. AdvertisementEven with American-made F-16 fighters arriving soon, Ukraine's air force probably can't drive off Russian jets lobbing glide bombs from 50 miles behind Russian lines, safe behind ground-based air defenses.

Persons: Justin Bronk, Bronk, Su, Michael Peck Organizations: Service, Russian Air Force, Kyiv, Royal United Services Institute, Russian, NATO, West, Stealth, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, British, Ukraine, Ukrainian, Volgograd, Stalingrad, Russian, Forbes

☆ Ukrainian forces strike Russian airbase with at least 70 drones, targeting Su-34 jets used to drop glide bombs
▼ + stars: | 2024-06-15 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

Ukraine targeted an airbase in Russia's Rostov region with at least 70 drones, an official said. Kyrylo Budanov, the head of the Defence Intelligence of Ukraine, confirmed the attack to The War Zone. The operation targeted Su-34 bombers used by Russia to drop glide bombs on Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The mass attack was launched at Morozovsk airbase in Russia's Rostov region, almost 200 miles from the Ukrainian border.

Persons: Kyrylo Budanov, Su, — Organizations: Defence Intelligence, Service, Defense Intelligence, Business Locations: Ukraine, Russia's Rostov, Russia, Ukrainian

☆ Ukraine is finally getting to hit Russia hard with its 'wonder-weapons,' and that's turning the tide of the war: military expert
▼ + stars: | 2024-06-13 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewLetting Ukraine attack Russian military targets directly with its "wonder-weapons" is beginning to turn the tide of the war in Kyiv's favor, says a retired UK colonel. AdvertisementLast month, Politico reported that the Biden administration had given Ukraine its permission to use US-provided weapons on Russian targets in Kharkiv. AdvertisementThe recent turn of events, de Bretton-Gordon said, wasn't something that Russia could simply withstand by relying on attritional warfare. Last month, Russian leader Vladimir Putin hinted that European countries who'd encouraged Ukraine to attack Russia directly could face reprisals. Representatives for Ukraine's and Russia's defense ministries didn't immediately respond to requests for comment from BI sent outside regular business hours.

Persons: —, Hamish de Bretton, Gordon, Bretton, Biden, de Bretton, Vladimir Putin, who'd, Putin, didn't Organizations: Service, The, Business, British Army, Nuclear, Politico, Kharkiv ., Washington, NATO, Ukraine's, BI Locations: Russian, Kyiv's, Ukraine, United States, Russia, Kharkiv, Kharkiv . Russian, Taganrog, Europe

☆ Nvidia is going on the defensive as the list of contenders grows
▼ + stars: | 2024-06-11 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

Read previewThere are signs that Nvidia is adopting a defensive posture as competitors try to carve out a piece of the AI computing market it has dominated thus far. What does going on the defensive look like for a company with between 70% and 90% market share? Advertisement"Our sense is that investor expectations still haven't adjusted enough to the impacts the Blackwell launch will have on Nvidia competitors," the analysts wrote. The fast pace of new launches makes meaningful competition even harder to fathom according to Morgan Stanley. Morgan Stanley assessed that Broadcom is poised to gain market share while AMD's fate is less certain.

Persons: —, Morgan Stanley, Jensen, Lisa Su, Blackwell, Huang, Emma Cosgrove Organizations: Service, Nvidia, Microsoft, Meta, Google, Business, Devices, AMD, Taiwan Semiconductor Manufacturing Corp, Broadcom Locations: Santa Clara , California, ecosgrove@businessinsider.com

☆ Russia was scared to fly its Su-57 in combat, fearing a loss. Ukraine scored a hit on one anyway.
▼ + stars: | 2024-06-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Read previewRussia has tried to keep its very limited number of Su-57 fighter jets hidden from the war in Ukraine, fearing that a combat loss would be a blow to the aircraft's reputation, according to Western intelligence and aviation experts. AdvertisementThe aircraft first saw combat in Syria in 2018 and was delivered to the Russian military in 2020. Kremlin officials have claimed that the Su-57 has seen combat in Ukraine, although the evidence supporting the claims is extremely limited. A Russian Su-57 fighter jet makes a demonstration flight during the opening of the MAKS-2021 International Aviation and Space Salon in Zhukovsky outside Moscow on July 20, 2021. He said that the strike demonstrates that Ukraine has a "relatively mature low-cost long-range harassment capability" that it can use to strike military bases deep inside Russia.

Persons: —, HUR, milbloggers, Su, Sukhoi Su, Alexei Nikolsky, Alexander Zemlianichenko, Justin Bronk, Bronk Organizations: Service, Business, Ukrainian, Directorate of Intelligence, Ministry of Defense, Institute for, NATO, Aviation, Space, AP, Kremlin, Southern Command, Kyiv, Saturday, Space Salon, Royal United Services Institute Locations: Russia, Ukraine, Zhukovsky, Moscow, Sputnik, Syria, Russian, Alexander Zemlianichenko Russian, Kyiv

☆ Ukraine says deep drone strike destroys rare Russian Su-57 stealth fighter
▼ + stars: | 2024-06-10 | by ( Brad Lendon | ) edition.cnn.com time to read: +4 min

CNN —Ukraine’s military on Sunday said it had destroyed one of Russia’s newest and most advanced fighter jets in a drone strike on a military base deep inside Russia. Ukrainian forces said they successfully destroyed one of Russia's most advanced combat jets, SU-57, in a drone strike on a military base deep inside Russia. Flight Global’s “World Air Forces 2024” directory lists 14 Su-57s as active and another 62 as on order. TASS reported in 2022 that Russian forces will receive a total of 22 Su-57s by the end of this year. If the reports of the Ukrainian drone strike deep inside Russia prove true, it marks another success of Kyiv’s low-cost drones taking out high-value Russian assets.

Persons: CNN —, Sukhoi Su, ”, Oleg Nikishin, Sergey Shoigu, Su, ” Shoigu, GUR, Jill Dougherty, “, ” Dougherty Organizations: CNN, NATO, Air, Russian, Ukrainian, Ukraine, TASS, Air Forces, Russian Aerospace Forces, Foreign Policy Research Institute, Institute for Locations: Russia, Astrakhan, Ukraine, Western, Zhukovskiy, Syria, Russian, Moscow

☆ Cramer's Lightning Round: DuPont is a buy
▼ + stars: | 2024-06-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Advanced Micro Devices' year-to-date stock performance. Stock Chart Icon Stock chart icon BWX Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon DuPont's year-to-date stock performance. Stock Chart Icon Stock chart icon Shopify's year-to-date stock performance. Stock Chart Icon Stock chart icon Post Holdings' year-to-date stock performance.

Persons: Lisa Su, I'm, Bloom, that's, Jim Cramer's Organizations: Devices, AMD, Technologies, BWX Technologies, GE Vernova, DuPont, Bloom Energy, GE, Holdings, Post Holdings

☆ Jim Cramer says buy Southwest on activist push — and his thoughts on 2 tech stock downgrades
▼ + stars: | 2024-06-10 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "Southwest Air is an underperformer for many, many years, but it does have a good balance sheet," Jim Cramer said. "I'm not so sure they're as high as people think," Cramer said. The CNBC Investing Club has long owned Nvidia , the dominant maker of AI chips. And yet if you look at the long term, Palo Alto has been very good," Cramer said.

Persons: Jim Cramer's, Elliott, Jim Cramer, Ben Reitzes, Cramer, you've, Morgan Stanley, Lisa Su's, GoDaddy, George Kurtz Organizations: CNBC, Club, Southwest Airlines, Elliott Management, Melius, Adobe, Devices, Nvidia, Walmart, JPMorgan, Costco, Investing Club, KKR, Palo Alto, Palo Alto Networks Locations: Texas, —, Palo Alto

☆ Ukraine says it hit latest-generation Russian fighter jet for first time
▼ + stars: | 2024-06-09 | by ( ) www.cnbc.com time to read: +2 min

The Sukhoi Su-57 jet fighter at the MAKS-2019 Moscow International Airshow near Zhukovsky, southeast of Moscow. Ukrainian forces have for the first time hit a latest-generation Russian Sukhoi Su-57 fighter jet at an air base inside Russia, Kyiv's GUR defense intelligence agency said on Sunday, showing satellite pictures which it said confirmed the strike. In a Telegram post, the GUR did not specify how the Su-57 was hit or by which unit of the Ukrainian military. Russian blogger Fighterbomber said the jet fighter was struck by shrapnel and the damage was currently being assessed to see if the aircraft could be repaired. It is a heavy fighter jet capable of fulfilling a variety of battlefield roles.

Persons: Sukhoi Su, Kyiv's GUR, GUR, Fighterbomber, Alexander Kharchenko Organizations: Sukhoi, RIA Locations: Zhukovsky, Moscow, Russia, Russian, Ukraine

☆ Russia's top Su-57 stealth fighter jet hit for first time, Ukraine's military intelligence says
▼ + stars: | 2024-06-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Ukraine claims to have struck an advanced Russian Su-57 stealth fighter jet. Ukraine has intensified attacks deep inside Russia in recent weeks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine hit a prized Russian Su-57 fighter jet stationed deep inside Russian territory for the first time, Ukraine's main intelligence directorate (GUR) reported Sunday morning. Satellite imagery provided by Ukraine's military intelligence appears to show the aircraft standing intact on June 7 and damaged on June 8.

Persons: —, GUR Organizations: Service, Business Locations: Ukraine, Russian, Russia, Astrakhan

☆ Nvidia CEO Jensen Huang is given the rockstar treatment in AI-powerhouse Taiwan
▼ + stars: | 2024-06-07 | by ( Wayne Chang | Will Ripley | ) edition.cnn.com time to read: +6 min

Taipei, Taiwan CNN —When Nvidia surpassed Apple this week to become America’s second most valuable company, its CEO Jensen Huang was being feted like a rockstar in his birthplace Taiwan. Taiwan media has dubbed the phenomenon “Jensanity.”He’s not the only celebrity CEO in town. The United States has imposed a number of restrictions on the export of AI chips to China. Late last year, Chinese tech giants like Tencent were rushing to stockpile AI chips before those curbs took hold. “Taiwan in particular is very important to the semiconductor ecosystem.”People attend Computex 2024 in Taipei, Taiwan, on June 4, 2024.

Persons: Jensen Huang, Huang, ”, gesturing, ” He’s, Lisa Su, Pat Gelsinger, Cristiano Amon, —, isn’t, Hwa Cheng, OpenAI, ” Christopher Miller, China’s, “, CNN Huang, Computex, Lai Ching, AMD’s Su, We’ve, Joe Biden Organizations: Taiwan CNN, Nvidia, Apple, AMD, Intel, Qualcomm, Getty, “ Tech, Technology, CNN, Media, Communist Party, United, “, Chips Locations: Taipei, Taiwan, Computex, AFP, Beijing, United States, China, “ Taiwan, America, Asia

☆ Slamming China over its stance on Russia and the war, Ukraine might have made a big miscalculation
▼ + stars: | 2024-06-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. China analysts say Zelenskyy's outburst was a risky move that could antagonize and alienate Beijing — and push it closer to Russia. Russian President Vladimir Putin and Chinese President Xi Jinping bid farewell at the end of talks in Beijing, China May 16, 2024. China confirmed last week that it would not send a delegation to the Ukraine peace summit set to be held at the Bürgenstock resort above Lake Lucerne, saying the event does not meet its expectations that both Russia and Ukraine take part. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023.

Persons: Volodymyr Zelenskyy's, Zelenskyy, Volodymyr Zelenskyy, Edgar Su, Astrid Nordin, Putin, Xi Jinping, Vladimir Putin, Mikhail Metzel, it's, Mao Ning, Bonnie Glaser, Glaser, Xi, Joe Biden, Kamala Harris, Jake Sullivan, Volodymyr Zelenskiy, Leah Millis Organizations: Beijing, Reuters, Ministry, Chinese International Relations, King's College London, CNBC, Putin, Russian, Via Reuters, Presidential Press Service, Foreign, Asia, German Marshall Fund of, National Security, White Locations: China, Russia, Kyiv, Singapore, Ukraine, Moscow, Switzerland, Reuters China, Beijing, Via, Via Reuters China, Lake Lucerne, United States, Saudi Arabia, California, Hollywood, Moscow . U.S, Washington , U.S

☆ 'The Traitors' season 3 cast includes Queen Elizabeth's cousin, Zac Efron's brother, Britney Spears' ex-husband, and more — see the full cast
▼ + stars: | 2024-06-05 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +5 min

It became the most-watched reality series in the streamer's history and spawned some instantly classic memes, largely courtesy of "Real Housewives" star Phaedra Parks. Britney HaynesBritney Haynes was a houseguest on "Big Brother" season 12, "Big Brother" season 14, and "Big Brother: Reindeer Games." Chanel AyanChanel Ayan stars on "The Real Housewives of Dubai." Bravo/Getty ImagesKnown for: "The Real Housewives of Dubai"Follow her on Instagram here. Gilbert Flores/Variety via Getty ImagesKnown for: "Down to Earth with Zac Efron" (and being Zac Efron's brother)Follow him on Instagram here.

Persons: —, Peacock, Dan Gheesling, Su, Tom Sandoval, Lord Ivar Mountbatten, Queen Elizabeth, Jeremy Collins, there's, Zac Efron's, Dylan Efron, Britney Spears, Sam Asghari, Phaedra Parks, Bob Harper Bob Barker, Bob, Bob the, Charley Gallay, Britney Haynes Britney Haynes, Sonja Flemming, Carolyn Wiger Carolyn Wiger, Robert Voets, Chanel Ayan Chanel Ayan, Ciara Miller Ciara Miller, ", Danielle Reyes Sonja Flemming, Dolores Catania Dolores Catania, Evan Agostini, Johnny Nunez, Dylan Efron Dylan Efron, Gilbert Flores, Zac Efron, Gabby Windey, Craig Sjodin, Jeremy Collins Jeremy Collins, Ivar Mountbatten Lord Ivar Mountbatten, David M, Nikki Garcia Nikki Bella, Rob Mariano Rob Mariano, Timothy Kuratek, Robyn Dixon Robyn Dixon, Rich Polk, Sam Asghari Britney Spears, Kevin Winter, Tom Sandoval Tom Sandoval, Ariana Madix's, Tony Vlachos Tony Vlachos, Wells Adams Wells Adams, Nick Agro Organizations: Service, Business, Getty, CBS, Housewives of, Netflix, Housewives, New, Los Angeles, Variety, ABC, Survivor, Bravo Locations: Housewives of Dubai, Jersey, New York, Cambodia, BravoCon

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