DIRS.INFO The most relevant business & tech news

Jefferies says it's "all revved up" on car rental company Hertz . The firm initiated coverage on Hertz with a buy rating and a $24 price target, implying shares jumping 30% from Monday's close. We see structural benefits from a maintenance and pricing perspective related to [a] higher mix of EVs," Moore said. In this blue sky scenario, we see the potential for another $1bn+ in EBITDA opportunity at 20-30+% margins," the analyst added. Hertz shares were up 1.4% Wednesday before the bell.

Persons: Jefferies, it's, Stephanie Moore, Moore, Hertz, — CNBC's Michael Bloom Organizations: Hertz, EV Locations: Monday's

Representative Blake D. Moore, Republican of Utah, is pushing for changes to federal law that would allow more nonstop flights between Ronald Reagan Washington National Airport and Salt Lake City. Those flights, he said, would increase tourism between Utah and the nation’s capital. They would also offer Mr. Moore a more efficient commute. “We need more direct flights out of DCA,” he said. In recent weeks, dozens of lawmakers have joined the push for 28 new round-trip flights per day at Reagan National.

Persons: Blake D, Moore, Ronald Reagan, ” Organizations: Republican, Ronald Reagan Washington National Airport, Capitol, Delta Air, Reagan National, Little League, Reagan Locations: Utah, Ronald Reagan Washington, Salt Lake City, Washington

☆ Russia's electronic warriors are intercepting Ukrainian troops' communications and jamming their GPS-guided bombs, experts say
▼ + stars: | 2023-07-03 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Russian jamming seems to be affecting Ukraine's communications and US-provided weapons, experts say. "The problem may well be the sheer power of the jamming signal that can be brought to bear," Withington said. "Moreover, the closer the GPS receiver is to the R-330Zh's jamming antenna, the stronger the jamming signal becomes." Russia's counter-GPS efforts are part of a massive electronic-warfare campaign that has also disrupted Ukrainian radio communications and drone operations. John Moore/Getty ImagesAccording to the RUSI report, Russian EW troops are also "highly capable" at intercepting and decrypting Ukrainian radio communications.

Persons: —, Thomas Withington, Withington, Serhii, HIMARS, Worthington, Denis Abramov, Mil.ru Worthington, Russia's, John Moore, hasn't, countermove, Michael Peck Organizations: Ukrainian, Service, Ukraine —, NATO, Britain's Royal United Services Institute, Pentagon, Getty, U.S, GPS, Russian Defense Ministry, Mil.ru, Russian, Russian GPS, Russian Army, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Ukraine, Russian, Soviet, Ukrainian, Kharkiv Oblast, Withington, Forbes

☆ Thousands rally across Australia in support of Indigenous reform
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, July 2 (Reuters) - Thousands rallied in Australia on Sunday to back a campaign to recognise the country's Indigenous people in the constitution ahead of a referendum later this year, after a recent dip in support for the change. Another attendee, Isabelle Smith, said in her opinion the referendum was the most important issue in Australia. "It’ll bring Australians together and I think voting 'Yes' is the most important thing that people can do," she said. Opponents, including some Indigenous people, have said the proposal lacks detail and will divide Australians. Indigenous Australians, who account for 3.8% of the population, face disadvantages including discrimination, poor health and education outcomes and high incarceration rates.

Persons: Anthony Albanese's, Jason Howard, Isabelle Smith, It’ll, Yes23, Rachel Perkins, Sam McKeith, James Redmayne, Jill Gralow, Simon Cameron, Moore, William Mallard Organizations: SYDNEY, Voice, Aboriginal, Torres Strait, Labor, Liberal, Australian, of Social, Sydney, Indigenous, ABC, Thomson Locations: Australia, Sydney

☆ Opinion: Supreme Court drops the H-bomb and D-bomb
▼ + stars: | 2023-07-02 | by ( Richard Galant | ) edition.cnn.com time to read: +15 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Graduates of Harvard and other Ivy League schools earn significantly more than most college graduates –— the credential opens doors. Maybe the best confirmation of that is that eight out of the nine Supreme Court justices went to law school at either Harvard or its Ivy rival, Yale. “The court’s decision Thursday is consistent with its view that race-based preferences should and would have a limited shelf life. And the Supreme Court has just guaranteed that this will be the case for many years to come.”“The court made the right decision,” wrote Ilya Somin, a law professor at George Mason University.

Persons: Harvard College Dean Rakesh Khurana, ”, Harvard isn’t, –, Michael Gerhardt, Roe, Wade, Donald, Trump, Bill Bramhall, Tan, ” Ana Fernandez, Richard Kahlenberg, Harvard …, Lanhee Chen, Peniel, Joseph, Joe Biden’s, Rachel Clark, “, Ilya Somin, Biden, ” Clay Jones, Somin, Leah Litman, isn’t, aren’t, Timothy Holbrook, Nicole Hemmer, Drew Sheneman, Phil Hands, Julian Zelizer, Yorkers, Walt Handelsman, Jill Filipovic, ’, Patrick T, Brown, DeSantis, Duncan Hosie, Ken Ballen, Trump Jack Ohman, Jennifer Martin, ” Martin, Vladimir Putin’s, Yevgeny Prigozhin, Wagner, Prigozhin, David A, Putin, Jade McGlynn, CNN’s Chris Good, it’s, Frida Ghitis, Keir Giles, Victory, Don’t, Agency Dean Obeidallah, Keith Magee, France Kara Alaimo, Vicki Shabo, Leroy Chiao, Abdullah, Billy Lezra, MonaLisa Leung Beckford, Timothy Naftali, David Horsey, It’s, Blake Moore, Marc Veasey, Hershel “ Woody ” Williams, Moore, Veasey, “ Williams, Williams, Hershel ‘ Woody ’, Abraham Lincoln, ” Moore, Lincoln Organizations: CNN, Harvard, Harvard College, Wall Street Journal, of Harvard, Ivy League, Yale, Supreme Court, University of North, University of North Carolina —, Wellesley College, Blacks, …, George Mason University, “, University of Michigan, Democratic, Agency, Trump, New Yorker, American Academy of Sleep, Soviet Union —, RFK, Republican, Utah Republican, Texas Democrat, Marines Locations: Boston, University of North Carolina, California, “, Chicago, Detroit, Great, Bedminster, New Jersey, New, Iran, Ukraine, Russia, Soviet Union, Moscow, France, Hong Kong, China, America, Utah, Texas, Iwo Jima, Lincoln

☆ South Korea's Yoon tells unification ministry to be less soft on North
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +1 min

SEOUL, July 2 (Reuters) - Having appointed a new unification minister days earlier, South Korean President Yoon Suk Yeol said on Sunday that the ministry had focused too much on providing aid for North Korea in the past and needed to change. "The Unification Ministry has been acting like the ministry of North Korea aid and it is wrong," Yoon was quoted as telling staff in a statement issued by his press secretary. "It's time for the unification ministry to change." Yoon also urged the ministry to stand up for liberal democratic values and said unification should bring a "better and more human life" to people in the South and North. In 2019, Kim wrote in an online column that the path to unification would open once North Korean leader Kim Jong Un's "regime is overthrown and North Korea is liberated."

Persons: Yoon Suk Yeol, Kim Yung, Yoon, Kim, Kim Jong, Hyunsu Yim, Simon Cameron, Moore Organizations: Thomson Locations: SEOUL, North Korea, Korea, South, Korean

☆ Ultra-nationalists aim to restrict travel for Russian officials' families
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +1 min

July 2 (Reuters) - The ultra-nationalist Liberal Democratic Party of Russia (LDPR) is working on a bill that would temporarily ban the travel of close relatives of high-ranking officials to "unfriendly countries," the RIA state news agency reported on Sunday. Russia considers all countries that have hit it with sanctions over its military campaign in Ukraine to be "unfriendly." Citing a member of the Russian Duma, Sergei Karginov, RIA reported that restrictions may also affect, among others, law enforcement officers, judges, top managers of state corporations, and the board of directors of the Central Bank. Russia launched a full-scale invasion on Ukraine in February 2022, calling it a "special military operation" to demilitarise and denazify its neighbour. Despite its name, Russia's Liberal Democratic Party (LDPR) has since its founding in 1991 espoused a hardline, ultranationalist ideology, demanding Russia reconquer the countries of the former Soviet Union.

Persons: Sergei Karginov, Karginov, Lidia Kelly, Simon Cameron, Moore Organizations: Liberal Democratic Party of Russia, Russian Duma, Central Bank, Russia's Liberal Democratic Party, Soviet Union, Duma, Thomson Locations: Russia, Ukraine, United States, Kyiv, Melbourne

July 2 (Reuters) - Police in Baltimore said that two people had died and 28 others were injured in a mass shooting early on Sunday morning at a housing block in the city. An 18-year-old female was pronounced dead at the scene and a 20-year-old male was pronounced dead after being taken to a local hospital, the police said. Nine people were transported from the scene to local hospitals, while 20 others affected walked into hospitals in the area, police said. "Nine critically injured patients were stabilized and transferred to Baltimore trauma centers," it said, adding that all but one patient had been released. The police department said that at about 12:35 a.m. on Sunday officers responded to calls of a reported shooting at 800 block of Gretna Court.

Persons: Richard Worley, Shivani Tanna, Jahnavi, Gursimran Kaur, David Goodman, Simon Cameron, Moore, Susan Fenton Organizations: Police, Gretna, Baltimore, Reuters, Fox, CNN, Baltimore Police, Thomson Locations: Baltimore, Brooklyn, Gretna Court, Bengaluru

☆ China foreign-exchange regulator Pan Gongsheng named central-bank party boss
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +2 min

July 1 (Reuters) - China's ruling Communist Party appointed central bank Deputy Governor Pan Gongsheng as the bank's party secretary on Saturday, a move the Wall Street Journal said would be a prelude to becoming governor. The party's Central Organization Department announced the decision at a meeting on Saturday afternoon, the People's Bank of China (PBOC) said in a statement on its website. The Journal reported hours earlier that Pan would be named to the party post before being appointed by the government to head the PBOC. The central bank said on Friday it would implement prudent monetary policy in a "precise and forceful manner" to support economic growth and employment. The current governor, Yi Gang, has been widely expected to retire since being left off the ruling Communist Party's Central Committee during the party's once-in-five-years congress in October.

Persons: Pan Gongsheng, Pan, Yi, Xi Jinping, Gokul Pisharody, Bharat Govind Gautam, Simon Cameron, Moore, William Mallard Organizations: Communist Party, Wall Street, party's Central Organization Department, People's Bank of China, The, Cambridge University, Harvard University, SAFE, Communist Party's, Thomson Locations: Bengaluru

☆ Hollywood actors extend contract talks, temporarily averting strike
▼ + stars: | 2023-07-01 | by ( Lisa Richwine | ) www.reuters.com time to read: +3 min

LOS ANGELES, June 30 (Reuters) - Hollywood's actors union and major Hollywood studios agreed on Friday to keep negotiating through mid-July, staving off the immediate threat of a second labor strike in the entertainment business this summer. SAG-AFTRA voted in early June to give its leaders the authority to call a work stoppage if talks were to break down. Negotiations were taking place during a difficult time for Hollywood studios. The studios and the WGA have not held talks since the writers' strike began on May 2. The last writers' strike in 2007 and 2008 cost the California economy an estimated $2.1 billion.

Persons: staving, Jennifer Lawrence, Meryl Streep, AFTRA, Lisa Richwine, Hanna Rantala, Sarah Mills, Mary Milliken, Rosalba O'Brien, Cynthia Osterman, Simon Cameron, Moore, William Mallard Organizations: Hollywood, SAG, Alliance, Television Producers, Writers Guild of America, WGA, Thomson Locations: ANGELES, Hollywood, California, Los Angeles, London

☆ A $50,000 wedding for free: What it's like to win an all-inclusive wedding giveaway
▼ + stars: | 2023-07-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

Half of wedding vendors say higher costs of goods, from food to flowers to gas, are driving them to increase their service prices. A growing share of couples are adding cash funds to their wedding registries — some even earmarked specifically to help pay for the wedding itself. But with their surprise wedding winnings, Moore estimates their wedding day will be valued at more than $16,500. Usually, couples who win the free services are asked to promote the businesses on social media, or to appear in their marketing materials online and elsewhere. Now a couple of years after her wedding, Brallier continues to shout out the vendors who gifted her and her husband, Jacob, 26, a dream wedding.

Persons: Zola, Melanie Moore, Brandon Wallace, —, Moore, Wallace, Wallace's, Emily Forrest, Forrest, Jen Brallier, Jen, Jacob Brallier, Brallier, Jacob Organizations: Savings Locations: Memphis, Zola, Puerto Vallarta , Mexico, Tulsa

☆ Takeaways from the latest controversial and contentious Supreme Court term
▼ + stars: | 2023-07-01 | by ( Ariane De Vogue | ) edition.cnn.com time to read: +17 min

In his opinion blocking the student debt program, Roberts insisted he is concerned about criticisms of the court. “Make no mistake: Supreme Court ethics reform must happen whether the Court participates in the process or not,” he warned. In June, the court sided with a cement mixing company that sought to bypass federal labor law and sue a union in state court for the destruction of property caused by striking workers. On Tuesday, when Roberts announced the court’s opinion in Moore v. Harper, liberals and even some conservatives exhaled, relieved that the court was rejecting a controversial Trump-backed election law theory. “Justice Jackson has a different view,” he said at one point.

Persons: John Roberts, Roe, Wade, ” Roberts, Roberts, Samuel Alito, Clarence Thomas, he’d, Joe Biden’s, Roberts –, –, It’s, Donald Trump’s, ”, Gorsuch, Neil Gorsuch, Bostock, Lorie Smith, ” Alito, Alito, Dobbs, Jackson, Brett Kavanaugh’s, hadn’t, Paul Singer, Singer, ProPublica, “ we’d, “, ” ProPublica, Thomas, Dick Durbin, Elena Kagan, KBJ, Ketanji Brown Jackson, Dr, Adam Feldman, ” Feldman, Sonia Sotomayor, Kagan, Barrett, Thomas couldn’t, ” Jenny Hunter, ” Jackson, ‘, Harper, exhaled, Barack Obama, Rick Hasen –, Hasen, Moore, Thomas Long, Kevin Merida, Michael Fletcher, “ Justice Jackson, Thomas ’ “, ” Thomas Organizations: CNN, Civil, Creative, Politico, Wall Street Journal, Street, GOP, Illinois Democrat, pounced, University of North, National Labor Relations, Independent, Trump, Federal, “, UNC Locations: Colorado, Washington , DC, United States, “, Rome, Illinois, American, Moore, North Carolina

☆ China slaps consumption tax on fuel blending components
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +1 min

BEIJING, July 1 (Reuters) - China announced late on Friday that a series of fuel blending components would be subject to consumption tax with immediate effect, according to a joint statement of the Ministry of Finance and the State Taxation Administration. The consumption tax rate on isooctane, a blending component for gasoline, would be the same as for gasoline, the statement said. The tax on all types of white oil -- crude white oil, light white oil and some industrial white oil -- would be levied at the same rate as for solvent oil. These fuels are often used for making diesel fuel. The tax on other products, like mixed aromatics and heavy aromatics, also used for making gasoline, would be levied at the same rate as for naphtha.

Persons: Sophie Yu, Chen Aizhu, Simon Cameron, Moore Organizations: Ministry of Finance, Taxation Administration, Thomson Locations: BEIJING, China, Beijing, Singapore

☆ India's goods and services tax receipts rise 12% year over year in June
▼ + stars: | 2023-07-01 | by ( Shivangi Acharya | ) www.reuters.com time to read: +1 min

[1/2] An employee counts currency notes at a cash counter inside a bank in Agartala, capital of India's northeastern state of Tripura, January 29, 2010. REUTERS/Jayanta Dey/File PhotoNEW DELHI, July 1 (Reuters) - India's goods and services tax (GST) collections rose nearly 12% year-on-year to 1.61 trillion rupees ($19.61 billion) in June, a government statement showed on Saturday. The government collected 1.45 trillion rupees as GST in June 2022 and a record 1.87 trillion rupees in April 2023. It expects to garner 9.56 trillion rupees through GST in the current fiscal year that ends in March 2024. India's nominal growth is estimated to be 10.5% in the current fiscal year.

Persons: Jayanta Dey, Shivangi Acharya, Simon Cameron, Moore Organizations: REUTERS, Thomson Locations: Agartala, India's, Tripura, DELHI, Maharashtra, Karnataka, Tamil Nadu

CARE Hospitals Group, according to another investor source, is in talks to sell a 70% stake to U.S. investment giant Blackstone (BX.N) in a deal valued at $800 million. MORE ATTRACTIVE THAN EVERAs government hospitals became increasingly overburdened and incomes rose in India's vast middle class, demand for private healthcare rose over the years. "The India healthcare opportunity has always been attractive, but never more than now. In 2022, PE investors spent $3.2 billion buying stakes in hospitals in India. "Big private hospitals are more reliable," said 35-year-old G. Chavan said as he accompanied his wife to see a doctor.

Persons: Rana Mehta, PwC's, Atlantic, Indira, Blackstone, Gaurav Sharma, Investcorp, Nishant Sharma, Sharma, Chavan, Sriram, Aditya Kalra, Simon Cameron, Moore Organizations: PwC, General Atlantic, CARE Hospitals, Blackstone, CARE, Kedaara Capital, ASIA'S PACE, Temasek, Reuters Graphics, Apollo Hospitals, Thomson Locations: India, PUNE, Pune, Indira, Bahrain, Mumbai, Manipal, Asia

Goldman Sachs said this week that rising interest rates would remain a "persistent drag" on oil. "There's been little sign of weakness in China's oil demand even if the general reopening boost has disappointed some investors. Global oil demand is forecast to grow between 1 to 2 million barrels per day (bpd), as per the poll. "Once these deficits become visible in on-land oil inventories, we expect prices to trend higher," said UBS analyst Giovanni Staunovo. Respondents also largely agreed that the Organisation of the Petroleum Exporting Countries would take measures to keep the floor for oil prices at $80.

Persons: Brent, Ole Hansen, Saxo, Goldman Sachs, There's, Ian Moore, Bernstein, Giovanni Staunovo, Seher, Arpan Varghese, Noah Browning, Elaine Hardcastle Organizations: bbl, International Energy Agency, Saudi, of, Petroleum, Thomson Locations: China, Saudi, OPEC, Saudi Arabia, Saudi Aramco, India, Moscow, Turkey, Bengaluru

☆ The Decision in 303 Creative Deals a Blow to Anti-Discrimination Law - The New York Times
▼ + stars: | 2023-06-30 | by ( Lily Moore-Eissenberg | ) www.nytimes.com time to read: +3 min

I now see that my family’s experience with the Twelve Tribes was part of a larger social problem that anti-discrimination laws have long sought to address: the problem of public discrimination perpetrated by private actors. Still, my family’s experience of discrimination helped me understand why anti-discrimination laws for businesses are so important. Public accommodations laws have been on the books since the 19th century; in the 20th century, they served as shields against racial segregation. Public accommodations laws will most likely face more speech-based challenges. We shouldn’t underestimate the symbolic power of contesting discrimination in public accommodations.

Persons: Laws, “ Organizations: Colorado Anti, Colorado Civil Rights Commission, Creative Locations: Colorado

☆ Indonesia's Java escapes 6.4 magnitude quake with few casualties, light damage
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +1 min

Jakarta, June 30 (Reuters) - A magnitude 6.4 earthquake struck off the Indonesian island of Java on Friday evening, injuring at least 10 people, while one person died of suspected heart attack during the quake, the country's disaster mitigation agency (BNPB) said. The tremor caused minor damage to hundreds of houses, some offices, health and education facilities scattered in the region of Yogyakarta and Central Java province, the agency spokesperson Abdul Muhari told Reuters Saturday. Indonesia's geophysics agency (BMKG) said the quake, which hit at a depth of 25 km (15 miles), was felt in several cities in the region of Yogyakarta as well as east and central Java, Indonesia's most populous island. No tsunami warning was issued. Reporting by Jose Joseph in Bengaluru and Ananda Teresia, Stefanno Sulaiman in Jakarta; editing by Mark Heinrich & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Abdul Muhari, Jose Joseph, Ananda Teresia, Stefanno Sulaiman, Mark Heinrich, Simon Cameron, Moore Organizations: Reuters, Thomson Locations: Jakarta, Java, Yogyakarta, Central Java, Indonesia, Southeast Asia, Bengaluru, Ananda

☆ Japan finance minister warns against excessive weakening as yen strikes 7-mth low
▼ + stars: | 2023-06-30 | by ( Tetsushi Kajimoto | ) www.reuters.com time to read: +1 min

[1/2] A banknote of Japanese yen is seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/IllustrationTOKYO, June 30 (Reuters) - Japan would take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows against the dollar. Suzuki warned against investors pushing the yen too low as the currency weakened past 145 per dollar on Friday, a level which kept speculators wary of potential intervention from Japanese authorities. The intervention launched in September last year, when the yen weakened past 145 per dollar, was the first in 24 years. Japanese authorities have said the velocity of currency moves are deciding factor for intervention, not specific levels.

Persons: Florence Lo, Shunichi Suzuki, Suzuki, Sharp, Tetsushi Kajimoto, Simon Cameron, Moore Organizations: REUTERS, Finance, Thomson Locations: TOKYO, Japan, Asia

[1/2] A worker works on a production line at a factory of a ship equipments manufacturer, in Nantong, Jiangsu province, China March 2, 2020. China Daily via REUTERSBEIJING, June 29 (Reuters) - China's factory activity likely contracted for a third straight month in June, albeit at a marginally slower pace, a Reuters poll showed on Thursday, underscoring the need for further policy stimulus to counter weak demand at home and abroad. An index reading above 50 indicates expansion activity on a monthly basis and a reading below indicates contraction. The government has set a modest GDP growth target of about 5% for this year after badly missing its 2022 goal. The highest reading in the poll was 49.7, still short of breaking into expansion territory, while the lowest reading was 48.0.

Persons: Nomura, Li Qiang, Joe Cash, Madhumita Gokhale, Anant Chandak, Simon Cameron, Moore Organizations: REUTERS, PMI, Thomson Locations: Nantong, Jiangsu province, China, REUTERS BEIJING, Tianjin, Bengaluru

☆ Sri Lanka targets 30% haircut for international, domestic dollar bonds
▼ + stars: | 2023-06-29 | by ( Uditha Jayasinghe | ) www.reuters.com time to read: +5 min

The government also aims to rework its foreign debt with bondholders and bilateral creditors including China, Japan and India. Under the domestic debt revamp, holders of locally issued dollar-denominated bonds, such as Sri Lanka Development Bonds (SLDBs), will be given three options, Weerasinghe said. "We are asking foreign debt holders for a 30% haircut but that is still under discussion," Weerasinghe said. "Sri Lanka is under enormous pressure to restructure as quickly as possible and get its economy back on track, they need funds to import a lot of goods to reinvigorate their key tourism industry," Lutz Roehmeyer, fund manager at Capitulum Asset Management, who holds Sri Lanka international bonds. "A 30% haircut is too little given the shape the country's economy is in."

Persons: Nandalal Weerasinghe, Gotabaya Rajapaksa, Weerasinghe, Lutz Roehmeyer, Uditha Jayasinghe, Rosario, Karin Strohecker, Shilpa Jamkhandikar, Himani Sarkar, Kim Coghill, Simon Cameron, Moore, Toby Chopra Organizations: Saturday International, International Monetary Fund, IMF, Sri Lanka Development, Capitulum Asset Management, Sri Lanka, World Bank, Sri, Jorgelina, Thomson Locations: COLOMBO, Sri Lanka, Britain, China, Japan, India, United States

☆ Chinese spy balloon used US tech to spy on Americans-WSJ
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

June 28 (Reuters) - The Chinese spy balloon that passed over the U.S. early this year used American technology that helped it collect audio-visual information, the Wall Street Journal reported on Wednesday, citing preliminary findings from a closely held investigation. The findings support a conclusion that the craft was intended for spying, and not for weather monitoring as China had claimed, the report said. But the balloon did not seem to send data from its eight-day passage over Alaska, Canada and some other contiguous US states back to China, WSJ said. In February, the U.S. shot down the balloon, which had flown over sensitive military sites, sparking a diplomatic crisis. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Muralikumar Anantharaman & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Shubhendu Deshmukh, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: Wall Street, Federal Bureau of Investigation, Thomson Locations: U.S, China, Alaska, Canada, Bengaluru

☆ Decision to end affirmative action 'wrong-headed and misguided', says Maryland Gov. Wes Moore
▼ + stars: | 2023-06-29 | 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 EmailDecision to end affirmative action 'wrong-headed and misguided', says Maryland Gov. Wes MooreMaryland Governor Wes Moore (D) joins 'Last Call' to discuss the Supreme Court's decision to overturn affirmative action.

Persons: Wes Moore Locations: Maryland

☆ The Supreme Court’s Elections Muddle
▼ + stars: | 2023-06-28 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/moore-v-harper-supreme-court-election-law-state-legislature-north-carolina-john-roberts-ae6517dc

Persons: Dow Jones, moore, harper, roberts Locations: carolina

☆ Conservative Court, Moderate Decision
▼ + stars: | 2023-06-28 | by ( German Lopez | ) www.nytimes.com time to read: +1 min

Yesterday, the Supreme Court took a step in a high-profile case to preserve democratic checks and balances. The court ruled that state legislatures do not have unchecked power over elections and that other government officials can question and overturn their decisions. The Constitution, Roberts wrote, “does not exempt state legislatures from the ordinary constraints imposed by state law.”Why does the ruling matter? Because it makes it more difficult for partisan state legislatures to flout the law or norms to keep their party in power, at a time when most legislatures have one-party supermajorities. Under the Supreme Court ruling, other officials can step in if they feel state lawmakers went too far in rewriting election law.

Persons: Moore, Harper, John Roberts, Roberts, “ Locations: North Carolina

Search resuls for: "MOore"

25 mentions found