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WASHINGTON — Members of a bipartisan House committee examining economic competition between the U.S. and China said Tuesday that Congress needs to legislate barriers for American investment in Chinese companies, including artificial intelligence. Gallagher, R-Wisc., said during the hearing that American companies continuing to invest in blacklisted Chinese firms are helping to fund the Chinese government's push to invade Taiwan. Government employee pension funds are also at play. Rep. Raja Krishnamoorthi, D-Ill., ranking member of the committee, cited a May Newsweek report stating that at least 115 mutual funds offered under the federal government's Thrift Savings Plan contain one or more of 30 sanctioned or watch-listed Chinese companies that threaten national security. "By investing in these companies we risk supporting the CCP's military aggression and their human rights abuses," Krishnamoorthi said.
Persons: Mike Gallagher, Gallagher, Raja Krishnamoorthi, Krishnamoorthi Organizations: WASHINGTON, U.S, Chinese Communist Party, Newsweek Locations: China, Taiwan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney-Charter fight can’t be resolved in a positive way for Disney: Fmr. NBC Cable President RogersTom Rogers, Newsweek editor-at-large and fmr. TIVO CEO, joins 'Fast Money' to talk Disney going head-to-head with cable companies Charter and Spectrum.
Persons: can’t, Rogers Tom Rogers Organizations: Disney, NBC Cable, Newsweek, TIVO
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTom Rogers on NFL's streaming kick-off: This is the year YouTube becomes a TV powerhouseTom Rogers, Newsweek editor-at-large and former NBC Cable president, joins 'Squawk Box' to discuss Charter's distribution fight with Disney over ESPN, the state of sports streaming with NFL Sunday ticket moving to streaming on YouTube TV, and more.
Persons: Tom Rogers Organizations: YouTube, Newsweek, NBC Cable, Disney, ESPN, NFL Sunday
After Hurricane Michael struck Florida in 2018, home sales rose significantly, allowing disaster investors to reap the rewards. This venture has the potential to be even more rewarding given the increasing frequency of natural disasters in the US. But federal disaster relief is painfully slow to respond and often doesn't cover most of the costs. And while moratoriums on damaged land sales aren't a long-term, legally tenable solution, there are ways state officials might be able to deter disaster investors. As the threat of natural disasters increases, so will disaster profiteers.
Persons: Josh Green, Ian, Hurricane Michael, Hurricane, Joe Raedle, Hurricane Maria, Congress —, Hurricane Sandy, it's, Anthony DiMauro Organizations: Nashville Metro Council, FEMA, Hurricane, Centers for Environmental, Federal Reserve's Survey, Consumer Finances, Emergency Managment Agency, Small Business Administration, Urban Institute, Office, Congress, of Housing, Urban, Bloomberg, Newsweek, L.A Locations: Hawaii, Maui, Hawaii's, Tennessee, Nashville, Florida, Wilsey, New Orleans, California, Puerto Rico, Lahaina, New York
Stefanie O'Connell Rodriguez is personal finance expert with some tips for car buyers. I don't think we're in a pre-COVID market yet, but the data shows us it is getting a little bit better slowly. Car buyers should factor maintenance into their total cost of vehicle ownership. Reuters/Umit BektasThere are unexpected expenses with car ownership — but there's also a lot you can predictThat's especially true if you're doing your research in advance. If you're going to be financing, think about doing your due diligence even further of comparing the cost of ownership of different vehicles.
Persons: Stefanie O'Connell Rodriguez, Here's O'Connell, O'Connell Rodriguez, Kelly, there's, Joshua Lott, Mario Tama Organizations: Morning, Bloomberg, Newsweek, USA, Dealers, Reuters Locations: New York
Ryan Tracy — Reporter at The Wall Street Journal
  + stars: | 2023-08-24 | by ( Ryan Tracy | ) www.wsj.com   time to read: +1 min
Ryan TracyRyan Tracy covers technology policy for The Wall Street Journal, with a focus on the government’s interactions with the largest U.S. tech companies. Since taking on the tech beat in 2019, he has written about antitrust legislation, broadband subsidies, online speech, privacy regulation, tech industry lobbying, robocall mitigation, wireless spectrum, artificial intelligence and other topics. His previous beat at the Journal was financial regulation, where he tracked federal banking regulators’ implementation of the Dodd-Frank Act and the legislative battles to change that law. Before banking, he covered energy policy during the Obama administration, writing about solar-industry subsidies, environmental rules, and other topics. He graduated from the University of Pennsylvania with a degree in history and has a master’s degree from the Columbia University Graduate School of Journalism.
Persons: Ryan Tracy Ryan Tracy, Dodd, Frank, Obama, Ryan Organizations: Wall Street, Times, Newsweek, University of Pennsylvania, Columbia University Graduate School of Journalism Locations: Journal’s Washington, Trenton, New Jersey
No evidence has been presented that points to the involvement of the Kremlin or Russian security services in the crash. Nemtsov’s death came two days before he was set to lead an opposition rally in the Russian capital. Alexander PerepilichnyyOver the years, suggestions have emerged of the possible use of a rare plant poison in the death of Russian financier Alexander Perepilichnyy. ANDREY SMIRNOV/AFP/AFP/Getty ImagesRussian lawyer Sergei Magnitsky died in a Russian prison in 2009. The most prominent voice of dissent in Putin’s Russia, the lawyer, politician and corruption activist for years orchestrated massive street protests.
Persons: Yevgeny Prigozhin’s, Wagner, , Bill Browder, “ Putin, Boris Nemtsov, Boris Yeltsin, Ilya Yashin, Nemtsov, Vladimir Putin, , Nemtsov’s, Boris Berezovsky Boris Berezovsky, Warrick Page, Boris Berezovsky, Putin, Berezovsky, Alexander Perepilichnyy, Perepilichnyy, Sergei Magnitsky, ANDREY SMIRNOV, Magnitsky, Browder, Alexander Litvinenko Alexander Litvinenko, Alexander Litvinenko, Litvinenko –, Robert Owen, Putin “, Litvinenko, Marina Litvinenko, Anna Politkovskaya, JENS SCHLUETER, Lom, Ali Gaitukayev, Politkovskaya, Chechen Republic …, ” Drownings, Prigozhin, Gennady Lopyrev –, , Lopyrev, Pyotr Kucherenko, Pavel Antov, Vladimir Budanov, Budanov, Alexander Buzakov, Anatoly Gerashchenko, Ravil Maganov, Lukoil, Maganov “, Alexey Navalny, Navalny, Mikhail Khodorkovsky, Sergei Skripal, Skripal, Yulia Organizations: CNN, Kremlin, Getty, Republican Party of Russia, Party, Newsweek, of Justice, Royal Botanic, AFP, Getty Images, Hermitage Capital, KGB, Authorities, The, Protect Journalists, RIA Novosti, Russia’s, Science, Higher Education, Gazprom, Lukoil, Reuters, Moscow Aviation Institute, TASS, Putin’s United, Locations: Russia, Boris Nemtsov Russian, AFP, Moscow, Ukraine, Russian, London's, Europe, England, Soviet Union, Britain, Surrey, London, Kew, American, Chechnya, Leipzig, Germany, The New York, Chechen Republic, Washington, Gelendzhik, , Cuba, India, Putin’s Russia, Putin’s United Russia, United States
A Russian general has died after a "long illness," an official said in a Telegram post. Colonel General Gennady Zhidko was a senior officer heavily involved in attacking Ukraine. But after a series of humiliating defeats last year, Zhidko was removed from his post. Colonel General Gennady Zhidko, a former deputy defense minister, was leading Russian forces fighting in Ukraine from May 2022 to last autumn. Zhidko was eventually replaced by General Sergei Surovikin, who was then replaced by Chief of General Staff Valery Gerasimov in January this year.
Persons: Gennady Zhidko, Zhidko, Mikhail Degtyarev, Degtyarev, Mediazona —, Sergei Surovikin, Staff Valery Gerasimov Organizations: Service, Newsweek, Kremlin, Staff, West Locations: Ukraine, Wall, Silicon, Russian, Moscow, Kharkiv, Khabarovsk Krai, London
The 30-year fixed mortgage rate was at a whopping 7.07%, and the refinance rate for the same term was at 7.16% as of Tuesday. The pivotLuther said that one alternative property owners are increasingly turning to is midterm rentals, or terms longer than two weeks or 30 days. Luther added that one of the most significant advantages of midterm rentals is having a month-to-month lease with tenants. Investors can also secure the loan under an LLC instead of their names, unlike a 30-year fixed conventional loan, she said. So you should plan on keeping the property for the loan term.
Persons: Suzanne Luther, It's, Luther, we've, they're, Barnes, Louis Children's, there's, aren't, it's Organizations: FasterFunds, Newsweek, Jewish, St, Louis Children's Hospital, Dominion Financial Locations: St, Louis , Missouri
We didn't see the internet coming, but AI is within viewThe adoption of groundbreaking technology is often hard to predict. The World Economic Forum estimated 83 million jobs worldwide would be lost over the next five years because of AI, with 69 million jobs created — that leaves 14 million jobs that will cease to exist during that timeframe. In the US, the knowledge-worker class is estimated to be nearly 100 million workers, one out of three Americans. The small and large compounding effects of productivity growth across many industries are central to the growth trajectory and the long-run effects of AI. This is an alarmingly trivial amount for an economy of $25 trillion GDP and over 150 million workers.
Persons: Goldman Sachs, Joseph Schumpeter, Bill Gates, David Letterman, Paul Krugman, Erik Brynjolfsson, , Brynjolfsson, Robert Solow, Robert Gordon, provocatively, It's, Gordon, David Autor, Maria Flynn, Flynn, , Georgia –, Emil Skandul, Tony Blair Organizations: McKinsey, Newsweek, Stanford University, Microsoft, Amazon, Cisco, Economic, International Labor Organization, Organization for Economic Co, Development, MIT, Congressional, Office, Department of Labor, Tony Blair Institute Locations: Washington, Singapore, New York, Georgia
In a poll, 77.6% of Ukrainians said Zelenskyy was responsible for government corruption. It came out as Zelenskyy fired all the heads of Ukraine's regional military committees. The poll came out as President Volodymyr Zelenskyy launched an investigation into bribery related to military recruitment. Zelenskyy: Recruitment bribes at a time of war is 'high treason'On Friday, Zelenskyy said he dismissed the heads of Ukraine's regional military committees as investigations into corruption in Ukraine continued, particularly in its armed-forces recruitment. "We are dismissing all regional military commissars," a statement on Zelenskyy's official Telegram channel said.
Persons: Zelenskyy, Volodymyr Zelenskyy, Petro Burkovskyi, Burkovskyi, Joe Biden Organizations: Service, Russia, Kyiv International Institute of Sociology, US Agency for International, Ilko, Democratic, Foundation, commissars, BBC News, National Agency on Corruption Prevention, Newsweek Locations: Ukraine, Wall, Silicon, Spain
United Airlines passengers en route to Rome last month were stuck on the plane for more than 7 hours. Scott Rosnov, a passenger in business class, told Insider that it felt like being taken "hostage." The flight was initially only delayed for 20 minutes after flight personnel identified a problem with the air conditioning, Rosnov told Insider. "The flight attendants and the pilots did a horrible job from top to bottom," Rosnov told Insider. A spokesperson for the company told Insider in an email that the flight returned to the gate at Newark to "address a temperature issue."
Persons: Scott Rosnov, Leonardo da Vinci, Rosnov, didn't, Scott Rosnov Rosnov, John F Organizations: United, Morning, United Airlines, Newark International, Newark Liberty International Airport, Newsweek, Kennedy, US Department of Transportation Locations: Rome, Newark
Ukrainian and Russian heavy armor, including their better tanks, are facing a growing threat: FPV drones. Wojciech Grzedzinski/Anadolu Agency via Getty ImagesWhat are FPV drones? Instead, individual units are putting in orders for FPV drones, and these outfits are doing what they can to meet the demand. It is unclear if or how the FPV drones factored into this figure. Electronic warfare can have an effect on FPV drones, as can the rough cope cages some armored-vehicle crews have welded on their tanks and fighting vehicles to shield it from the exploding FPV drones, though not always.
Persons: Samuel Bendett, Wojciech Grzedzinski, David Hambling, Bendett, Steve Wright, Yuriy Mate, Jack Watling, Nick Reynolds, it's Organizations: Service, Center for Naval, Mechanized Brigade, Anadolu Agency, Getty, Army, Drones, Newsweek, Ukraine, Royal United Services, PBS Locations: Russian, Wall, Silicon, Ukraine, Russia, Ukrainian, Donetsk Oblast, China
A California mom is suing Southwest Airlines for racial profiling after an incident in October 2021. A mother sued Southwest Airlines for "blatant racism" after she said she was accused of trafficking her 10-year-old biracial daughter, court documents seen by Insider show. Southwest Airlines did not immediately respond to Insider's request for comment. A spokesperson for the company told Newsweek: "We don't have anything to add right now on this pending litigation." A lawyer for MacCarty told Newsweek they hope the lawsuit causes Southwest Airlines to re-examine its training and policies around potential human trafficking.
Persons: Mary MacCarthy, Moira, MacCarthy's, Unbeknownst, MacCarthy, , MacCarty Organizations: Southwest Airlines, Newsweek, Denver International Airport, Southwest, Denver Police Department, Police, Insider Locations: California, Colorado, San Jose, Denver, Southwest,
Before invading Ukraine, Russia set up blood drives and field hospitals, The Economist reported. Ukraine's medical treatment has given them an advantage over Russia, The Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Inside the field hospitals, surgeons were practicing their craft — on the bodies of large animals placed under anesthetics, the outlet reported. The Wall Street Journal also reported in July that Ukraine's medical abilities were giving them an advantage over Russia.
Persons: Tim Hodgetts, Hodgetts, Russia wasn't, Vladimir Putin, Organizations: Surgeons, Street Journal, Service, Press, Newsweek, Ukrainian Army, Street Locations: Ukraine, Russia, Wall, Silicon, British
[1/3] Florida Governor and Republican presidential candidate Ron DeSantis speaks at the Republican Party of Iowa's Lincoln Day Dinner in Des Moines, Iowa, U.S., July 28, 2023. China is mentioned daily at campaign stops, in digital ads and in policy speeches by the various Republican candidates. Some 50% of Americans identify China as the greatest threat to the United States, according to a Pew Research poll released in late July. On the stump, they have said the United States must stand by Ukraine. If the United States does not confront Russia, they say, China will feel emboldened.
Persons: Ron DeSantis, Scott Morgan, Democratic Biden, DeSantis, Nikki Haley, Donald Trump, Tim Scott, Trump, Terry Sullivan, Marco Rubio's, Joe Biden, Pew, Haley, Scott, Jamieson Greer, King, Wendy Cutler, Mike Pence, Gram Slattery, David Lawder, Michael Martina, Ross Colvin, Alistair Bell Organizations: Florida Governor, Republican, Republican Party of Iowa's, REUTERS, Democratic, East, Newsweek, Justice Department, Pew Research, Trade, Spalding, U.S . Trade Representative, Trump, Heritage Foundation, Russia, China, American Enterprise Institute, Thomson Locations: Des Moines , Iowa, U.S, ROCHESTER , New Hampshire, China, United States, America, Communist China, Russia, Iran, Beijing, Washington, Ukraine
The "QAnon Shaman" Capitol riot defendant has come to the defense of former President Donald Trump. Trump was federally indicted on Tuesday in connection to the January 6 Capitol riot. The "shaman" slammed the indictment, telling Newsweek that Trump had "no role" in the insurrection. Chansley told the BBC last month that statements his former lawyer made in an attempt to get him a lesser sentence were not true. "I never said I was duped by Trump," Chansley told the news outlet.
Persons: Donald Trump, Trump, , Jacob Chansley, Chansley, Jack Smith, doesn't Organizations: Trump, Newsweek, Service, Capitol, DC, . Justice, Scripps News, BBC Locations: Wall, Silicon, Trump
Russia's defenses are proving effective in frustrating the Ukrainian counteroffensive. Its use of mines, adaptable drones, and electronic warfare are particularly formidable, experts said. He said there were often more than four rows of minefields in front of the Russian defensive lines. A retired Australian general Mick Ryan appears to agree with Lewis, telling The Economist on Monday that Russia's defensive lines are "much more complex and deadly than anything experienced by any military in nearly 80 years." Justin Bronk, a senior research fellow with RUSI, told Newsweek that Ukraine's "Beaver" drones appear to be vulnerable to Russia's electronic defense systems.
Persons: Oleksandr Tarnavskyi, Maxar David Lewis, Mick Ryan, Lewis, it's, Steve Wright, Wright, ALEXANDER NEMENOV, Justin Bronk, RUSI, Russia doesn't, Mark Milley, Birmingham's Jaroslava Barbieri Organizations: Service, BBC, Royal United Services Institute, Storm, Ukrainian, Police, Moscow International Business, Getty Images, Newsweek, Moscow Sunday, Reuters, Associated Press, University, Birmingham's, Ukraine's Ministry of Defense Locations: Russia, Wall, Silicon, Ukraine, Russian, Kherson, Dnipro, Russia's, Australian, RUSI, AFP, Ukrainian, Kyiv
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI wouldn't be surprised to see Apple go after premiere sports for streaming: media mogul Tom RodgersTom Rodgers, former NBC Cable president and Newsweek editor-at-large, joins 'Last Call' to talk Apple looking at a streaming deal with the PAC-12.
Persons: Tom Rodgers Tom Rodgers Organizations: Apple, NBC Cable, Newsweek
Ukraine is using new Beaver drones to attack targets within Russia's borders. Ukraine has in recent days attacked Moscow, with drones crashing into a high-rise building. Open-source intelligence experts have posted footage of recent drone attacks in Moscow, and said the aircraft appeared to be Ukrainian Beaver drones. The "Beaver" drone is being built with the help of influencer Ihor Lachenkov, who has recently shed light on Ukraine's secretive drone warfare program. Ukraine appears to have stepped up its drone attacks against Moscow in recent months.
Persons: Justin Bronk, Lachenkov, he's, he'd, fundraise, Vladimir Putin's, Volodymyr Zelenskyy, Russia — Organizations: Service, Euromaidan, Royal United Services Institute, Newsweek, Moscow Sunday, The New York Times, Ukrainian Security, Cooperation Center, Kremlin Locations: Ukraine, Russia's, Moscow, Wall, Silicon, Ukrainian, Russia, Ukraine's, London, Russian
The comebacks have received euphoric reviews, but they are occurring at a starkly different moment for British pop music, compared with the ’90s. In 1996 Newsweek declared London the world’s coolest city. Instead, news articles about the country’s music scene are more likely to touch on venues shuttering — at a rate of one a week this year, according to the nonprofit Music Venue Trust — or the country’s bands, DJs and rappers struggling to tour abroad after Brexit brought in a tangle of red tape. Local news outlets have also lamented the British government’s cuts to arts funding, and warned about the decline of music teaching in schools. Sitting in his West London recording studio recently, Albarn said some things hadn’t changed since Britpop’s heyday.
Persons: , Ed Sheeran, Adele, Harry Styles, Brexit, Albarn, hadn’t, , ” Chuva Organizations: Newsweek, Yorker, shuttering Locations: United States, Australia, Canada, Japan, Europe, London, Britain, West London, Portuguese
More militaries are turning to F-35s for their air forces, a former Lockheed Martin exec said. Tom Burbage told Newsweek that the adoption of F-35s frees up F-16s for air forces like Ukraine's. It says the aircraft would boost its air force, which is currently made up of Soviet-era jets. Experts say that Ukraine receiving advanced jets could help to deter Russia's air force, which hasn't played a notable role in the invasion due to Ukraine's advanced air defense systems. Retired Air Marshal Greg Bagwell, a former senior commander in the UK's air force, told Newsweek that F-16s are "slowly becoming 'surplus' because of the F-35 orders."
Persons: Lockheed Martin, Tom Burbage, Lockheed Martin's, Ukraine's, Burbage, hasn't, Greg Bagwell, John Kirby, Kirby Organizations: Lockheed, Newsweek, Service, Privacy, Air, US National Security, Fox News, Ukraine Locations: Ukraine's, Ukraine, Wall, Silicon, Finland, NATO
Albert Einstein sent a letter in 1939 that helped convinced FDR to launch the Manhattan Project. But Einstein was not part of the secretive program run by J. Robert Oppenheimer to develop a nuclear weapon. The letter cited the Hungarian physicist Leo Szilard's work, and Szilard helped draft the letter, which Einstein signed. The Manhattan Project was officially created in August 1942, months after the US entered the war. The Manhattan Project is the center of a new biopic from director Christopher Nolan.
Persons: Albert Einstein, FDR, Einstein, J, Robert Oppenheimer, Einstein's, Franklin D, Roosevelt, Leo Szilard's, Szilard, Oppenheimer, Eugene Wigner, Christopher Nolan, Cillian Murphy Organizations: Manhattan, Service, US Army Intelligence, American Museum of, . Intelligence, US, Newsweek, The New York Times Locations: Wall, Silicon, Hungarian, Hiroshima, Nagasaki, Manhattan
Wagner forces appear to despise the Russian military, as Prigozhin’s reckless march from Ukraine toward Moscow made abundantly clear. That’s why when Wagner forces started withdrawing from Ukraine last month, many feared the same might happen in Africa. And who can guarantee Wagner forces won’t turn on African leaders who decide to side with Putin? “Don’t worry, we aren’t going anywhere.”It’s not as if Russia could repatriate and replace Wagner forces with verifiably loyal Russian troops — even if it wanted to. And quite frankly, Africa will only emerge better-off if democratic governments emerge after Wagner forces are shown the door.
Persons: Joyce M, Davis, CNN —, Wagner, Yevgeny Prigozhin, Vladmir Putin, Dan Gleiter Prigozhin, Putin, Prigozihin, Putin wouldn’t, Khalifa Haftar, Faustin, Burkina Faso’s, Ibrahim Traore, Prigozhin, didn’t, Prigozhin’s Wagner, Assimi Goita, won’t, Haftar, , , It’s, Sergey Kostelyanyets, ” Kostelyanyets, obeisance, Traore —, they’re, Abdel Fattah al, Burhan, They’re, Mohamed Hamdan Dagalo, Sudan’s, Wagner weren’t, Washington, Wagner “, there’s Organizations: Patriot -, World Affairs Council, CNN, Wagner Group, Wagner, Central African Republic, Burkina, Guardian, Libyan, Russian Academy of Sciences ’ Institute for African Studies, Newsweek, Russia’s Ministry of Defense, Support Forces, Moscow, US Treasury Department, Twitter, Facebook, Central African Locations: Harrisburg , Pennsylvania, Africa, Crimea, Ukraine, Moscow, Libya, Mali, Sudan, Russia, Eastern Libya, Russian, Benghazi, Dubai, Touadéra, Prigozhin, Central African Republic, United States
Marjorie Taylor Greene stars in a new rap music video in which she is declared "MAGA's MVP." Florida-based rapper Kurt Jantz, who goes by Forgiato Blow, released a new music video on Sunday dedicated to the Georgia representative. Throughout the video, Greene silently nods her head next to Jantz or remains in the background, sitting on a throne or atop a red convertible. Marjorie Taylor Greene🇺🇸 (@RepMTG) July 16, 2023This is not the first time Greene has tried to insert herself into hip-hop culture. "We don't care if you're white/Don't care if you're black/We don't care if you're gay/We're all under attack," they sing.
Persons: Marjorie Taylor Greene, MAGA, Marjorie Taylor Greene's, she's, Kurt Jantz, Forgiato Blow, Marjorie, RINOs, Greene, Jantz, Greene's, Joe Biden, , Marjorie Taylor Greene 🇺🇸 ( Organizations: Trump, Service, Georgia, Twitter Locations: Wall, Silicon, Florida, Georgia
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