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CNN —USA Basketball’s decision to omit Caitlin Clark from the Olympic roster was initially met with some shock. However, USA Basketball has made a “terrible decision,” according to CNN Sport analyst Christine Brennan, by omitting a phenomenon like Clark from the roster. Breanna Stewart, a two-time WNBA champion, Brittney Griner, a nine-time All Star and A’ja Wilson, a two-time MVP, have all represented Team USA at an Olympic Games before. “She’s the biggest thing in sports, not just women’s basketball in the United States,” Brennan said of why Clark should be included. With or without Clark, Team USA is the overwhelming favorite to win gold in Paris and continue its unbeaten Olympic record stretching back to 1992.
Persons: Caitlin Clark, Clark, wasn’t, , Christine Brennan, She’s, ” Clark, Brian Spurlock, I’m, Alyssa Thomas’s, Diana Taurasi’s, Breanna Stewart, Brittney, A’ja Wilson, Greg Fiume, Sabrina Ionescu, Jackie Young, Stewart, Betnijah Laney, it’s “, “ I’ve, , that’s, ” Brennan, Caitlin, Don Riddell, Brennan, Gregory Shamus, Diana Taurasi, Diana, , ” Stewart, Taurasi, Paige Bueckers, USA, Jennifer Rizzotti, she’s, Jayne Kamin, There’ll, Rebecca Lobo, Candace Parker, , Christian Laettner, women’s Organizations: CNN, USA, WNBA, CNN Sport, Chicago Sky, Indiana Fever, Indiana, Team USA, Olympic, Getty, NCAA, Hamilton, Fever, Basketball, , Iowa, Sports, Reuters, USA Basketball, Team USA’s, NBA Locations: Paris, , Iowa, Long, men’s, United, United States, Clark, America, Africa, Europe
New York CNN —Another month, another hot jobs report that has Wall Street wondering when the Federal Reserve will finally cut interest rates. On the other, it puts long-awaited interest rate cuts from the Federal Reserve on the back burner. Before the Bell: Do you think the Fed could lower its projection for three quarter-point rate cuts this year? Is it concerning that the European Central Bank and Bank of Canada have begun cutting rates before the Fed? A Samsung spokesperson told CNN that, “there is no impact on production and management activities” as a result of the one-day walkout.
Persons: Bell, Nate Thooft, I’m, that’s, Yoonjung Seo, , Son Woomok, Matt Egan, Lina Khan, Beam, Robinson Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Manulife Investment Management, Reserve, European Central Bank, Bank of Canada, European Central Bank and Bank of Canada, Workers, Samsung Electronics, Nationwide Samsung Electronics Union, CNN, Reuters, Samsung, SK Hynix, Micron Technology, Federal Trade Commission, Southern, Biden, FTC, Politico Locations: New York, South Korea, Miami, United States
Taking her new seat at the head of the tribal council table, Lisa Goree spied among some office items a desk nameplate that read “Chaos Coordinator.”“I guess that will go in front of me,” chuckled Ms. Goree, 60, who in April was elected as the first woman to lead the Shinnecock Indian Nation on Eastern Long Island in more than two centuries. While the United States has never elected a female president, and Mexico did only this month, female Native American chiefs are not rare. The Shinnecocks had female tribal leaders until 1792, when they adopted an all-male governing structure, Ms. Goree said. They had not had a female leader since then. Now Ms. Goree’s supporters are touting her election as a return to its matriarchal leadership roots and a departure from centuries of male leadership sometimes marked by internal division and antagonism with local, state and federal government officials.
Persons: Lisa Goree, , Goree, Goree’s Locations: Goree, Nation, Eastern Long, United States, Mexico
Entertainment industry professionals gathered at an IATSE, Teamsters Local 399 and Hollywood Basic Crafts rally in Encino in March. They are represented by Teamsters Local 399, with the drivers making up the largest portion of their membership. What is Hollywood Basic Crafts? Hollywood Basic Crafts and Teamsters Local 399 began June 10. IATSE, Teamsters Local 399 and Hollywood Basic Crafts’ respective contracts expire on July 31.
Persons: “ There’s, ” Lindsay Dougherty, , ” Dougherty, Hollywood’s, IATSE, Dougherty, there’s Organizations: CNN, Teamsters, Hollywood Basic Crafts, Alliance, Television Producers, Crafts, IATSE, Hollywood Crafts, Entertainment, zz, International Brotherhood of Teamsters, of Transportation, wranglers, OPCMIA, Plasterers UA, International Alliance, Hollywood Locations: California, Encino, Hollywood, IBEW, IATSE
Donald Trump has vowed to appeal his conviction on 34 counts of falsifying business records. Some on the right have argued that the trial was a “target-rich environment” for an appeal. Others have said that the U.S. Supreme Court should “step in” and provide relief to Mr. Trump. The burning question now is, could his conviction be reversed on appeal? My answer is, the chances of that are not good.
Persons: Donald Trump, Trump, I’ve Organizations: U.S, Supreme, Trump —, Appellate, First Department Locations: New York
Seoul, South Korea CNN —A Dutch warship was harassed by Chinese military aircraft in the East China Sea on Friday, the Netherlands said, becoming the latest country to accuse Beijing’s forces of initiating potentially unsafe encounters in international waters. PSMX partner nations include Australia, Canada, France, Germany, Japan, New Zealand, South Korea, the United Kingdom and the United States, according to the US State Department. This handout picture shows the Dutch frigate Tromp approached in the East China Sea by a Chinese fighter jet. “As a warning, the Chinese military took necessary measures at the scene. Hours later, a Chinese military spokesman accused the United States of “creating division and provoking confrontation” in the region.
Persons: South Korea CNN —, Beijing’s, HNLMS Tromp, , , Tromp, China’s People’s, Richard Marles, Lin Jian, Maj, Rob Millen, Lloyd Austin, Washington, Austin, Jing Jianfeng Organizations: South Korea CNN, Dutch Defense Ministry, CNN, United Nations, Pacific Security Maritime Exchange, European Union, UN Security Council, US State Department, Netherlands Ministry of Defence, South Korean Navy, China’s People’s Liberation Army, South China, Australian Defense, Foreign, Canadian, Royal Canadian Navy, Royal Canadian Air Force, US, NATO, Joint Staff Department, Military Commission Locations: Seoul, South Korea, East, Netherlands, North Korea, Australia, Canada, France, Germany, Japan, New Zealand, United Kingdom, United States, Chinese, East China, Busan, South, Hobart, China, South China, Ottawa, Pacific, Singapore, Asia, Ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoaring Kitty is setting up 'a perfect defense' for market manipulation: Former SEC senior counselFerdose al-Taie, former SEC enforcement division senior counsel, joins 'Squawk Box' to discuss the fallout from Roaring Kitty's livestream, what regulators may be looking at when it comes to trades in GameStop shares, and more.
Persons: Ferdose Organizations: SEC, GameStop
Amir Levy | Getty Images News | Getty ImagesIsrael's war cabinet minister Benny Gantz resigned from the emergency government, dealing a decisive blow which is expected to entrench Prime Minister Benjamin Netanyahu deeper into a far-right support base that opposes a cease-fire in Gaza. A former chief of staff of the Israeli Defense Forces, centrist Gantz co-founded and led the National Unity party that joined Netanyahu's emergency government after the outbreak of the Gaza war. Israeli prime minister Benjamin Netanyahu and Cabinet minister Benny Gantz during a press conference in the Kirya military base in Tel Aviv , Israel , 28 October 2023. And the prime minister himself. Around 1,200 people were killed in Israel, Israeli official figures say, since the start of the Gaza conflict.
Persons: Benny Gantz, Amir Levy, Benjamin Netanyahu, Gantz, Netanyahu, Regrettably, Yoav, Gallant, entreat Gantz, Yair Lapid, Gadi Eisenkot, Lapid, Eran Etzion, Etzion, Jack Guez, Nimrod Goren, Goren, Itamar Ben Organizations: Getty, entrench, Israeli Defense Forces, National Unity, Gaza, Palestinian, Hamas, Reuters, Defense, Criminal, Gaza's Ministry of Health, Israel's National Security Council, CNBC, Ultra, Sheba Tel, HaShomer Medical Centre, Afp, Middle East Institute, U.S, Jewish Power Party Locations: Gaza, Tel Aviv, Israel, Rafah, Sheba, Ramat Gan, of Israel
When Jordan Bardella, the leader of the far-right National Rally party, called on Macron to dissolve the French national parliament on Sunday night, it seemed like political posturing, riding high on his victory in European polls. Calling the far right’s bluffMacron will try to rally the right and left, urging their supporters to come together and vote against the far right, but there’s no knowing if it’ll pay off. The last time a French president dissolved the country’s lower house, the National Assembly, was in 1997. French far-right leader Marine Le Pen arrives at the National Rally party headquarters on Monday, June 10, 2024 in Paris. This could see voters of different stripes banding together to oppose a candidate from the far right.
Persons: parry, Emmanuel Macron, Jordan Bardella, , Macron, Jacques Chirac, Stephane Séjourné, Séjourné, ” Manon Aubry, Jean, Luc Mélenchon, Marine Le Pen, Thomas Padilla, Le Pen, Pen, Bruno Le Maire, Hannah McKay, he’ll, It’ll, ” Macron, Bardella, Yaël Braun Organizations: Paris CNN, National Assembly, French, Radio France, France, National Rally, French Finance, National, RTL, Getty, Macron’s, Locations: France, Republic, Macron, Gaza, Paris, Europe, Macron’s, Le Touquet
Microsoft's GitHub Copilot is partly responsible for bringing a focus on generative AI to Apple, a report says. Apple's senior vice president of software engineering became a "convert" after trying it, per The Wall Street Journal. Apple execs were also impressed by ChatGPT and subsequently wanted to upgrade Siri, The New York Times previously reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Apple exec was inspired to drive a focus on generative AI in his division after using one such tool from the competition, a new report says.
Persons: Microsoft's, Apple's, Apple execs, ChatGPT, Siri, , Craig Federighi, GitHub Organizations: Apple, Street, The New York Times, Service, Wall, Microsoft, Business Locations: The
But the leadership of its ailing wealth unit is continuing to undergo major changes under its new boss Andy Sieg. Citi's wealth unit has seen at least 21 senior executives exit since Merrill Lynch veteran Sieg joined in September. The latest is Julia Carreon, global head of wealth platform and experiences. Sieg also plans to expand Citi's already successful wealth business in Asia. Here is our running list of senior departures from Citi Wealth.
Persons: , Andy Sieg, Merrill Lynch, Sieg, Julia Carreon, Naz Vahid, Carreon, David Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merrill, Don Plaus, Hale Behzadi, Dawn Nordberg, Morgan Stanley, Citi David, Francesco Bertoni, Alfonso Camacho Bustillo, Hoyt, Paul Hodes, Robert Hoffman, Keith Lee Hong, Li, Liu, Fernando Lopez Munoz, Alex Marshall, Eduardo Martinez Campos, Luigi Pigorini, Fernando Senso, Jeff Sutton, Naz, Vahid, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Service, Citi, Citi Wealth, Business, Bankers, Citi Global Wealth, North America, Francesco Bertoni EMEA, Hoyt Gier Global, South, Asia, Fernando Lopez Munoz Head, Tate, Eduardo Martinez Campos Head, Mark Mills Regional, Fernando Senso Castilla Global, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Paul Hodes Asia, South Asia, Keith Lee Hong Kong, Asia Pacific, Shyam Sambamurthy South Asia, Fernando Senso Castilla, America, West China, hcuccinello@businessinsider.com
CNN —Israeli war cabinet member Benny Gantz has resigned from Benjamin Netanyahu’s government, delivering a blow to the prime minister who has been celebrating the rare rescue of hostages held in Gaza. Israeli Minister Benny Gantz addresses the media after announcing his resignation from Israeli Prime Minister Benjamin Netanyahu’s emergency government on June 9, 2024. Besides the prime minister, the only other remaining member of the emergency government with decision-making power is Defense Minister Yoav Gallant, also from Likud. Eyad Baba/AFP/Getty ImagesThe United States has repeatedly called on the prime minister to present a tangible post-war plan for Gaza. “The more identical his positions are to those of the prime minister, the more he’ll lose on both sides.
Persons: Benny Gantz, Benjamin Netanyahu’s, “ Netanyahu, ” Gantz, , Gantz –, , Netanyahu, hesitancy, , Gantz, Benjamin, Nir Elias, Benny Gantz –, Don’t, ” Netanyahu, Yoav Gallant, Gantz ’, Eyad Baba, Joe Biden, ” Alon Pinkas, Pinkas, ” Pinkas, centrists Organizations: CNN, Likud, Israeli Special Forces, Getty, Israel’s Haaretz Locations: Gaza, Israel’s, Israel, AFP, States, Saudi Arabia, Israeli
CNN —US and Canadian officials are investigating after a 689-foot ship collided with an underwater object and began taking on water in Lake Superior, the US Coast Guard says. The merchant ship was carrying taconite, a low-grade iron ore, the Coast Guard said on X. Half of the ship’s 22-person crew was removed from the vessel after the incident, according to a news release. The US Coast Guard and Transport Canada will conduct marine casualty investigations to determine if the hull damage was caused by the ship running aground, hitting a fixed or floating object, hull failure or a combination of these, according to Thomas. The ship departed Two Harbors, Minnesota, on Friday and was headed to Thunder Bay in Canada, according to MarineTraffic.com.
Persons: Michipicoten, Lorne Thomas, Thomas Organizations: CNN, US Coast Guard, Coast Guard, Ninth Coast Guard District, Transport Locations: Lake Superior, Isle Royale, Thunder Bay , Ontario, Transport Canada, Harbors, Minnesota, Bay, Canada
Kyrie Irving is struggling and Jason Kidd’s mind game on the Boston Celtics didn’t work. All are ingredients for the 2-0 hole the Dallas Mavericks are during the NBA Finals. “I think my turnovers and my missed free throws cost us the game,” said Dončić, who said he was “OK” physically. “The first two games weren’t the best for me, especially (Luka) scoring 25-plus points, getting rebounds, getting assists, doing the intangibles. For the game, all Dallas players not named Dončić shot 2 of 17 from the 3-point line.
Persons: Luka Dončić, Irving, Jason Kidd’s, Jayson Tatum, Jaylen Brown, Dallas can’t, , Dončić, , ” Dončić, ” Irving, I’ve, Mavs, Jason Kidd, Brown, Tatum, It’s, Derrick White, Dallas ’ P.J, “ I’m, Joe Mazzulla, Brown’s, ” White, wasn’t, ” Mazzulla, Kidd, ” Kidd, Porziņģis, ” Porziņģis, “ I’ll, Dallas, Payton Pritchard, Pritchard, We’ve, — we’ve, we’ve, Maddie Meyer Organizations: BOSTON, Boston Celtics, Dallas Mavericks, NBA, Boston, Dallas, Celtics, Hollinger, Dallas ’ American Airlines Center, Celtic basketball, ” Celtics, Washington, Mavericks Locations: Dallas ’ P.J . Washington, Washington, Brown, Dallas, Dončić, Boston, Luka, Ky
CNN —Homeland Security Secretary Alejandro Mayorkas on Sunday pushed back on criticism of President Joe Biden’s new executive action restricting asylum while calling on Congress to take action on the border. Still, Mayorkas insisted the restrictions on asylum would reduce the number of people who try to cross the border. “The bipartisan deal was rejected once, we pressed forward again. And it requires the cooperation of other countries which we have secured.”But Mayorkas again called on Congress to do more. “Former President Trump tried to implement a Muslim ban, a ban on entry to this country explicitly based on one religion.
Persons: Alejandro Mayorkas, Joe Biden’s, , ” Mayorkas, , Donald Trump, Biden, Greg Abbott of, “ gaslighting, he’s, ” Abbott, Mayorkas, ABC’s Martha Raddatz, , let’s, Democratic Sen, Chris Coons, Trump, It’s Organizations: CNN, Homeland, Sunday, Republican Gov, GOP, Democratic, Department of Homeland Security, Department of State, Department of Justice, Republicans, Trump, House Republicans, Democrats, Delaware Democrat, Progressive House Democrats, ACLU, ” CNN Locations: Greg Abbott of Texas, , Chris Coons of Delaware
CNN —Secret Service and Chicago police officials are ramping up preparations for the Democratic National Convention in August, with officers receiving training ranging from First Amendment rights to handling violent protests and mass arrests. Democrats are poised to nominate President Joe Biden for reelection at their Chicago convention. The Chicago Police Department’s Crime Prevention and Information Center will serve as its command center to monitor all convention-related events citywide, including protests. We are planning for real-world possibilities,” said Jeff Burnside, the Secret Service coordinator for the Democratic convention. Meanwhile, Chicago police officers have been holding drills on a wide range of potential scenarios — including violent protests, extracting individuals from hostile crowds, medical emergencies and more.
Persons: Kimberly Cheatle, Joe Biden, Cheatle, ” Cheatle, “ You’ve, you’ve, al, , Jeff Burnside, Larry Snelling Organizations: CNN, Chicago, Democratic National Convention, United Center, Democratic, The Chicago Police, Service, Illinois State Police, FBI, Alcohol, Tobacco, Firearms, Explosives, Federal, National Counterterrorism Center, Department of Homeland Security, ISIS, al, Republicans, Chicago Police Locations: Chicago, Gaza, Vietnam, Milwaukee
The British Aren’t Coming. They’re Here.
  + stars: | 2024-06-08 | by ( Michael M. Grynbaum | ) www.nytimes.com   time to read: +1 min
Facing financial challenges and political division, several of America’s largest news organizations have turned over the reins to editors who prize relentless reporting on a budget. Will Lewis, a veteran of London’s Daily Telegraph and News UK, is now the chief executive of The Washington Post, where reporters have raised questions about his Fleet Street ethics. He recently ousted the paper’s American editor and replaced her with a former colleague from The Telegraph, dumbfounding American reporters who had never heard of him. Michael Bloomberg, a noted Anglophile, hired John Micklethwait (former editor of the London-based Economist) in 2015 to run Bloomberg News. Rupert Murdoch tapped Keith Poole (The Sun and The Daily Mail) to edit The New York Post in 2021, the same year that The Associated Press named an Englishwoman, Daisy Veerasingham, as its chief executive.
Persons: Will Lewis, Emma Tucker, Mark Thompson, , Michael Bloomberg, John Micklethwait, Rupert Murdoch, Keith Poole, Daisy Veerasingham Organizations: London’s Daily Telegraph, News, The Washington Post, The Telegraph, Sunday Times, Wall, CNN, Bloomberg, Sun, The Daily, York, Associated Press Locations: American, London
CNN —Narendra Modi has raised India’s stature on the global stage like no other recent leader of the world’s most populous country. But the election results also place Modi in a radically different position from the one he enjoyed during his first decade in power. Now, Modi’s BJP will need to answer the interests of its coalition allies – and face stronger checks from a resurgent opposition, which could dampen its Hindu-nationalist agenda. In the meantime, some observers suggest that while the election results may not have boosted Modi, they are already a boon for India’s global clout. “India coming back as a proper democracy is good for the world order in many senses,” he added.
Persons: CNN — Narendra Modi, , Modi, , T.V, Paul, , Nehru, ” Modi, Joe Biden, Pete Marovich, that’s, Washington, Farwa Aamer, assertiveness –, Justin Trudeau, Nasir Kachroo, Pakistan –, Sushant Singh, Fahd Humayun, India’s Organizations: CNN, Bharatiya Janata Party, BJP, Reuters, Japan, South Asia, Asia Society Policy, Modi . Canadian, Canadian, Yale University, Indian, Tufts University, , McGill University Locations: India, Delhi, United States, China, Pakistan, Australia, New York, New Delhi, Washington, Russia, Canada, Indian, American, Jammu, Kashmir, Modi’s BJP, BJP, Islamabad
CNN —The Hubble Space Telescope will transition to a new way of operating that aims to prevent the space observatory from experiencing lapses in its ability to observe the universe, according to NASA officials. The storied telescope, which has captured breathtaking images of the cosmos for 34 years, has traditionally operated using six gyroscopes. NASA's Hubble Space Telescope eyes the universe in May 2009 after one of the space shuttle missions to service the space observatory. Hubble is expected to operate into the mid-2030s, with its cosmic observations providing a complement to the work of the James Webb Space Telescope and future observatories that haven’t launched yet, Clampin said. “We do not see Hubble as being on its last legs,” Crouse said, “and we think it’s a very capable observatory.”
Persons: Mark Clampin, Hubble, Clampin, Patrick Crouse, Crouse, ” Clampin, James Webb, , ” Crouse Organizations: CNN, Hubble, NASA, Astrophysics, NASA's Hubble, Goddard Space Flight, James Webb Space Telescope Locations: Greenbelt , Maryland
Seoul CNN —A labor union at Samsung Electronics in South Korea said many workers went on strike Friday, marking the first such walkout in the smartphone and chipmaking giant’s 55-year history. The Nationwide Samsung Electronics Union (NSEU) said last week that its 28,000 members — just under a quarter of the company’s total workforce in the country — would stage a one-day strike on June 7, following failed negotiations over pay and bonus arrangements. A Samsung spokesperson told CNN that, “there is no impact on production and management activities” as a result of the one-day walkout. The vast majority of the world’s advanced microchips are made in just two places: Taiwan and South Korea. Taiwan’s industry is larger and more dominant, something South Korea is keen to challenge.
Persons: , Son Woomok, Anthony Wallace, chipmaker Organizations: Seoul CNN, Samsung Electronics, Nationwide Samsung Electronics Union, CNN, Reuters, Samsung, SK Hynix, Micron Technology, Getty, Intel Locations: Seoul, South Korea, AFP, Taiwan
That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.
Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, , Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe
CNN —Judge Aileen Cannon had been on the federal bench for little more than a year when a senior judge offered to preside over one of her first criminal trials in her isolated south Florida courthouse. In her seven years as a Justice Department attorney, Cannon participated on the trial teams of just four criminal cases. Still, Cannon has asked questions in the Trump case that appear out of left field. Her orientation toward such legal rabbit holes is not distinct to the Trump case, veterans of her courtroom say. Ultimately, nearly every attorney CNN spoke to said that Cannon, despite the criticism, is unwavering in her beliefs about how each case in her courtroom should proceed.
Persons: Aileen Cannon, , Paul C, Huck, Cannon, , ” Huck, I’d, Donald Trump, she’s, Trump, Cannon –, who’s, Lothar Speer, Jack, Cannon chalked, Cannon's, “ She’s, Lee Adams, Sr, Lynne Sladky, Smith, Jack Smith, Cannon testily, , they’ve, ” CNN’s Sara Murray Organizations: CNN, Southern, Southern District of, Trump White House, Justice Department, West Palm Beach, CNN Defense, Trump, Courthouse, FBI, Fort, Records, National Archives, Biden, Obama Locations: Florida, Fort Pierce, Southern District, Southern District of Florida, America, West Palm, Florida’s, Cannon, Fort Pierce , Florida
Alphabet announced on Wednesday that Eli Lilly Chief Financial Officer Anat Ashkenazi will be its new CFO after an almost year-long search. Shares of Eli Lilly have soared 90% in the past year and are trading at a record. When she joined Eli Lilly in 2001, she came in through the company's new venture capital division, which was co-founded by her then-spouse Ron Laufer. Fastest growth in decadesFounded in 1876, Eli Lilly has long been one of the major U.S. pharmaceutical companies. But the last couple years have marked a period of historic growth for Eli Lilly due to the exploding popularity of GLP-1s.
Persons: Anat Ashkenazi, Eli Lilly Eli Lilly Alphabet's, Ruth Porat, Eli Lilly, Ashkenazi, it's, Eli Lilly's, David Ricks, Morgan Stanley, Sundar Pichai, Hollie Adams, Ron Laufer, John Smiley, Eli, It's, Trump, Eli Lilly's Covid, we're, Askhenazi, OpenAI's, Larry Page, Sergey Brin, CNBC's Eric Rosenbaum, Toby Lyles Organizations: San, San Francisco Bay Area, Google, Economic, Bloomberg, Getty, CNBC, Tel Aviv University, Hebrew University, U.S . Food, Drug, U.S . Department of Justice, FDA, Reuters, Employees, NBC Locations: U.S, Indiana, San Francisco Bay, Davos, Switzerland, Israel, biopharma, North Carolina, Germany, New Jersey
D-Day is more than the largest amphibious invasion in history. The US Navy now aims for enough amphibious capacity to land just two Marine brigades on a hostile shore. Universal History Archive/UIG via Getty ImagesIn World War II, the best way to stop an amphibious invasion was before the first troops stepped onto the beach. If the defender's navy and air force could destroy or turn back an invasion fleet, the landing would never take place. An enemy that has these can threaten the invasion armada and the landing force it launches as it chugs to the beach.
Persons: Ryan, Hitler, Michael Peck Organizations: Service, US Army, British Army, Navy, Royal Navy, Royal Canadian Air Force's, Hornet, Allies, US Navy, US Air Force, 82nd Airborne, US Troops, Getty, Luftwaffe, Allied, Spy, Argentine Air Force, Russian Navy, Helicopters, U.S . Navy, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Normandy, Europe, Britain, Omaha, Russo, Ukraine, Soviet, Pacific, Sicily, Salerno, Anzio, Omaha Beach, Russia, China, Iran, North Korea, Ukrainian, Bikini, Hiroshima, Nagasaki, Forbes
The next wave of Disney theme park expansion in the U.S. is primed to be in California rather than Florida. The decision requires Disney to put a minimum of $1.9 billion in theme parks, lodging, entertainment, shopping and dining within 10 years. In Florida, Disney has had a more difficult time navigating the political landscape — leading to Disney World development tie-ups. In its fiscal 2024 second quarter , Disney's Parks & Experience division, which includes theme parks, resorts, cruises, hotels, and consumer products grew sales by nearly 10% to $8.93 billion and operating income by more than 12% to $2.29 billion. "Comcast's exposure to, and reliance on the Theme Parks segment is about to expand dramatically," according to MoffettNathanson.
Persons: , Ron DeSantis, DeSantis, Bob Iger, Iger, Nelson Peltz, Jeff Marks, Disney's, Laurent Yoon, Bernstein, Yoon, Orlando, Peter Supino, Harry Potter, Supino, Jim Cramer, Jim Cramer's, Jim, Mario Tama Organizations: Disney, Republican Florida Gov, CNBC, Comcast, What's, that's, Disney's Parks, Parks, Disney Destiny, Sunshine, Universal, Wolfe Research, Universal Studios Hollywood, Wall Street, Getty Locations: U.S, California, Florida, Anaheim —, Southern California, NBCUniversal, DeSantis, Orlando, Golden, Anaheim, Anaheim , California
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