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"The missile was equipped with prohibited cluster munitions. Reports from outside organizations: Cluster munitions have been used on civilian targets in the northeastern Kharkiv region as well, a CNN investigation from last year found. In a report published on August 25, 2022, the UN-partnered Cluster Munition Monitor civil society group said Russian forces had “repeatedly” used cluster munitions since the start of the war. Ukraine's own use of the weapons: The same report by the Cluster Munition Monitor group found that Ukrainian forces had also used cluster munitions "several times" and "mostly" in populated areas. Cluster munitions have killed at least 215 civilians and injured 474 people overall since the start of the war, according to the monitoring group's report.

Persons: Igor Ovcharruck, Clodagh Kilcoyne, —, Vladimir Putin's, General's, Michelle Bachelet, “, CNN's Uliana Pavlova Organizations: US, United Nations, General's, CNN, UN Locations: Ukraine's Kharkiv, Ukraine, Russia, Dnipropetrovsk, Rih, Russian, Kharkiv, Syria

Fran Drescher with SAG-AFTRA members at a SAG-AFTRA news conference today. If we don’t stand tall right now, we are all going to be in trouble," she said at Thursday's press conference. Drescher said she started negotiations thinking a strike could be avoided, and was shocked by what she said was the corporate greed of management's proposals. And she concluded the press conference saying she expects the general public will support the actors in the strike, and issuing a warning that foretold what could happen if they don't win. "If we let this happen to us, dollars to donuts it going to happen to you and your family, your children and everyone you work with too.

Persons: Fran Drescher, Drescher Organizations: SAG, CNN SAG Locations: Southern California

☆ In California, a Math Problem: Does Data Science = Algebra II?
▼ + stars: | 2023-07-13 | by ( Amy Harmon | More About Amy Harmon | ) www.nytimes.com time to read: +1 min

Since 2020, California has led a contentious experiment in high school math. — loosened their admissions criteria, telling high schools that they would consider applicants who had skipped Algebra II, a cornerstone of math instruction. In its place, students could take data science — a mix of math, statistics and computer science without widely agreed upon high school standards. Allowing data science, the universities said, was an “equity issue” that could send more students to college. On Wednesday, the State Board of Education voted to remove its endorsement of data science as a substitute for Algebra II as part of new guidelines for K-12 schools.

Persons: —, Linda Darling, Hammond Organizations: State Board of Education Locations: California, Berkeley

☆ How does ChatGPT decide what to say next? Here's a quick explainer.
▼ + stars: | 2023-07-09 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

AI chatbots like ChatGPT are based on large language models that are fed a ton of information. Here's how computer science experts explain how the bots know what words to say next. Bots like ChatGPT are also trained on large amounts of conversations that have taught machines how to interact with human users. But watch out for what chatbots don't knowWhat happens when you ask it a question it doesn't know the answer to? That's where chatbots create the most trouble because of an inherent trait — they don't know what they don't know.

Persons: They're, annotators, Kristian Hammond, Northwestern University . Hammond, Richard Harris, Richard Nixon, Hammond, chatbots, it's, William Wang, He's Organizations: Northwestern University ., university's Center, Advancing, Machine Intelligence, University of California Locations: Santa Barbara

☆ Several Executives of P.R. Firm Joele Frank to Start Own Firm
▼ + stars: | 2023-07-09 | by ( Lauren Hirsch | More About Lauren Hirsch | ) www.nytimes.com time to read: +1 min

There was a time when companies doing big deals could turn to only a handful of firms for advice. But the booming demand for counsel on acquisitions, activist investors and corporate crises has widened that circle and, increasingly, led to the creation of new firms. The latest example is Collected Strategies, which is being started by several executives at the communications firm Joele Frank, Wilkinson Brimmer Katcher, along with Ed Hammond, a longtime mergers-and-acquisitions reporter for Bloomberg. “Communications advice needs to as well.”The firm is starting in a period of elevated scrutiny of Wall Street’s activities. While overall deal making has been down, last year was the busiest in four years for activist investors, who take stakes in companies and demand change.

Persons: Joele Frank, Wilkinson Brimmer Katcher, Ed Hammond, Mr, Hammond Organizations: Bloomberg, “, Communications, Investment

The United States Coast Guard will hold a news conference at 4:30 p.m. ET in Boston on the search for the missing submersible near the Titanic wreckage. Rear Admiral John Mauger, Commander of the First Coast Guard District is expected to lead the briefing. The trip begins with a 400-nautical-mile journey to the wreck site, according to the tour operator. There, up to five people board the submersible named “Titan” and descend to the bottom of the ocean.

Persons: John Mauger Organizations: United States Coast Guard, Coast Guard, Polar, First Coast Guard Locations: Boston, Canadian, Cape Cod, St, John’s, Newfoundland, Canada

☆ US government agencies hit in global hacking spree
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

June 15 (Reuters) - The U.S. government has been hit in a global hacking campaign that exploited a vulnerability in widely used software but does not expect it to have significant impact, the nation's cyber watchdog agency said on Thursday. CISA did not identify the agencies that were hit or say exactly how they had been affected. The FBI and National Security Agency also did not immediately respond to emails seeking details on the breaches. MOVEit, made by Progress Software Corp (PRGS.O), is typically used by organizations to transfer files between their partners or customers. Neither Cl0p nor Progress immediately responded to requests for comment.

Persons: Eric Goldstein, cybersecurity, CISA, Jen, MOVEit, John Hammond, Huntress, Raphael Satter, Kanishka Singh, Zeba Siddiqui, Tanna, Chandi Shah, Jonathan Oatis, Angus MacSwan, Bill Berkrot Organizations: U.S, Cybersecurity, Infrastructure Security Agency, CNN, FBI, National Security Agency, MSNBC, Progress Software Corp, Progress, CITY, Thomson Locations: U.S, United States

☆ Goldman Sachs: These are the 24 best AI stocks to buy now as the technology boosts productivity and profits for decades
▼ + stars: | 2023-06-10 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Here are 24 top stocks to buy for exposure to AI, according to Goldman Sachs. Although artificial intelligence (AI) has been on everybody's minds lately, Goldman Sachs thinks investors may still be underselling how influential the technology can be. Goldman Sachs expects that AI will dramatically improve economic productivity and corporate earnings across the market. Stocks should be trading higher now based on how AI will impact businesses in the future, Goldman Sachs argued. Below are the 24 stocks in Goldman Sachs' AI basket, along with the ticker, market capitalization, and forward price-to-earnings (P/E) ratio for each.

Persons: Goldman Sachs, Ryan Hammond, Goldman, Hammond, Cashin, Goldman Sachs isn't Organizations: UBS, Microsoft, Intel

Wildfire smoke turns the air orange for the same reason clear air makes the sky look blue — it has to do with what kind of tiny particles are in the air, how many there are and what wavelength color they block. As it passes through the Earth’s atmosphere, the sun’s light hits all of the molecules and particles in the air. Wildfire smoke blocks the shorter wavelengths — like yellow, green and blue — leaving just the red and orange to pass through. The light has more atmosphere to pass through before it gets to our eyes, which amplifies the colors and how thick the smoke looks in the air. Watch a timelapse from the National Weather Service as smoke turns the skies orange in New York City:

Persons: Max, ” Organizations: National Weather Service Locations: New York City

☆ The stock market could surge 14% as companies adopt AI to boost productivity and profits, Goldman Sachs says
▼ + stars: | 2023-06-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The stock market could see significant upside as more companies adopt artificial intelligence, according to Goldman Sachs. The potential stock market upside depends on profitability gains sparked by AI. "Increased economy-wide output could translate into increased revenues and earnings for S&P 500 companies, even beyond those firms directly involved in the development of AI," Hammond said. And the upside in AI isn't limited to companies that make chips that enable the technology, like Nvidia. But there are also risks to Goldman's forecast that could limit potential upside.

Persons: Goldman Sachs, Goldman, —, Ryan Hammond, Hammond Organizations: Service, Nvidia

“Everyone recognizes that Ukraine needs a modernized air force and everyone knows that. It’s going to take a considerable length of time, effort, money, to build that air force,” Milley said. Russia’s has hundreds of fourth and fifth generation fighters and bombers, dwarfing the smaller, older Ukrainian fleet or military aircraft. The flow of aerial defense systems has been effective at forcing Russia’s air force to largely remain out of Ukrainian air space and prevent Russia from establishing aerial supremacy over Ukraine. With an aerial defense system established across critical parts of Ukraine, the effort has now shifted to bolstering Ukraine’s air force with modern Western fighter jets.

Persons: Mark Milley, ”, “, Milley, ” Milley, Russia’s Organizations: Kyiv, “, Russian, Ukraine Locations: Ukraine, Russian, France, Germany, Russia

☆ Tiffany Hammond Believes Stories Are the Best Teachers
▼ + stars: | 2023-05-25 | by ( Elisabeth Egan | ) www.nytimes.com time to read: +1 min

Mama pulls the curtains back to welcome the sunlight.” So begins Tiffany Hammond’s “A Day With No Words,” which debuted at No. “I do not speak,” the boy lets readers know. I use a tablet to be heard, pushing buttons with pictures that speak my words.”Hammond writes what she knows: She has autism, as do her sons, who are 16 and 14. “I didn’t know I was autistic until I was 18,” Hammond said in a phone interview. I needed to figure out, how do I talk to you?”

☆ Goldman says share buybacks on pace to tumble this year, but 2 stocks are bucking the trend
▼ + stars: | 2023-05-10 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Buybacks of stocks within the S & P 500 are down 21% in the first quarter of 2023 compared with the same period a year ago, said Goldman Sachs' Ryan Hammond. For the full year, companies in the S & P 500 are expected to spend a total of $808 billion repurchasing shares in 2023, Hammond said. In total, cash spending from companies in the S & P 500 is expected to fall by a relatively modest 1% in 2023, alongside decelerating earnings per share growth. Of the 10, only Meta Platforms and Microsoft have increased their buybacks in the first quarter of this year. META MSFT YTD mountain Meta and Microsoft Facebook-parent Meta increased its share repurchase authorization to $40 billion.

Organizations: & $

Designs by Karl Lagerfeld are displayed at the Metropolitan Museum of Art's Costume Institute exhibition, "Karl Lagerfeld: A Line of Beauty," in New York on April 29, 2023. (Charles Sykes/Invision/AP)Celebrated tonight at the Met Gala will be the opening of the Costume Institute's exhibition "Karl Lagerfeld: A Line of Beauty," curated by the Institute's Andrew Bolton. Looks designed by Karl Lagerfeld on display during the press preview of the Costume Institute's exhibition, "Karl Lagerfeld: A Line of Beauty," on May 1, 2023. "The serpentine line signifies Lagerfeld's historicist, romantic, and decorative impulses, while the straight line indicates his modernist, classicist, and minimalist tendencies." The exhibition will be open for public viewing May 5 through July 16, 2023.

☆ Biden set to address White House Correspondents Dinner
▼ + stars: | 2023-04-29 | by ( Maegan Vazquez | ) edition.cnn.com time to read: +9 min

But undoubtedly, a White House official told CNN, his speech will address the issue of wrongfully detained Americans abroad. US President George W. Bush, left, waves with impressionist Steve Bridges at the White House Correspondents' Dinner in 2006. Roger L. Wollenberg/Pool/Getty Images The White House Correspondents' Dinner is held in 1923. It was started two years earlier by the White House Correspondents' Association, the organization of journalists who cover the president. Roosevelt was congratulating Brandt for winning the first Raymond Clapper Memorial Award, which was given by the White House Correspondents' Association for distinguished reporting.

☆ Live updates: Jack Teixeira, suspect in US documents leak, makes court appearance
▼ + stars: | 2023-04-27 | by ( Maureen Chowdhury | Elise Hammond | ) edition.cnn.com time to read: +1 min

A detention hearing for suspected document leaker Jack Teixeira is underway now in Massachusetts. A judge will decide whether he should continue to be detained as he faces charges under the Espionage Act. He is accused of posting a trove of US classified documents to social media. Meanwhile, the suspect's lawyers argued that he no longer has access to classified documents and accused prosecutors of exaggerating Teixeira’s danger to national security, according to a Thursday morning court filing. Defense lawyers suggested that Teixeira be released into the custody of his father, a military veteran and former correctional officer.

Kids in Hammond, Indiana, are forced to climb over and through stopped trains block their way to school. Jamie Kelter Davis for ProPublicaState lawmakers have tried to curb blocked crossings by restricting the lengths of trains. Spielmaker, the Norfolk Southern spokesperson, said: "We work with first responders on a daily basis to assist however we can. A favorable court opinion could allow other states to finally enforce their laws on blocked crossings. Among those who hope to voice their concerns about the blocked crossings are rail workers themselves who worry about the kids.

☆ Live updates: Supreme Court protects access to abortion pill
▼ + stars: | 2023-04-21 | by ( Elise Hammond | Matt Meyer | ) edition.cnn.com time to read: +3 min

A patient prepares to take Mifepristone, the first medication in a medical abortion, at Alamo Women's Clinic in Carbondale, Illinois. Along with misoprostol, mifepristone is one of the drugs used for an abortion via medication, as opposed to surgery. Someone having a medication abortion takes mifepristone and then, after 24 to 48 hours, takes misoprostol. Side effects of mifepristone: Mifepristone usually doesn’t have many side effects, doctors say, but as with any drug, there can be short-lived ones. Preliminary data published February 2022 from the Guttmacher Institute, a research and policy organization focused on sexual and reproductive health that supports abortion rights, showed that medication abortion accounted for 53% of all abortions in the US.

“I could never have foreseen him doing that,” said John Powell, a former high school classmate. Teixeira grew up in the suburbs of Providence, Rhode Island, according to public records and graduated from Dighton-Rehoboth High School in neighboring Massachusetts in 2020. He toted around a “dictionary-sized” book on firearms and another about “tanks, planes and submarines,” former classmates told CNN. “A lot of people were wary of him,” said Brooke Cleathero, a former classmate in both high school and middle school. FBI agents interviewed at least one person who said a young man later identified as Teixeira began posting “what appeared to be classified information” on a server in December.

☆ We paid $4 million for a cabin on a cruise ship that will sail the world year-round. We want to travel in total comfort, without the 'bag drag' from place to place.
▼ + stars: | 2023-04-13 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

His family vacations often and the ship's annual fee will be on par with their former travel budget. Hammond's cabin will have a roughly $132,000 annual fee that includes most food and beverages on the ship, WiFi, and housekeeping, among other perks . Originally I had no desire to take a vacation on a cruise ship, because I thought it was going to feel like being at work. I enjoy traveling, but I crave the comfort of my own bedWe love to travel, but doing the bag drag from destination to destination can get tiring. The annual fee is about the same as our yearly travel budgetEvery unit has its annual fee that, for the most part, should cover everything.

☆ The U.S. Built a European-Style Welfare State. It’s Largely Over.
▼ + stars: | 2023-04-06 | by ( Claire Cain Miller | Alicia Parlapiano | ) www.nytimes.com time to read: +14 min

expansion Child care provider grants Food assistance ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Emergency food benefits Free school meals Through Sept. 2026 Remote WIC services Paused work requirement No expiration Meals outside of school No expiration Food benefit increase WIC increase Health care ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Medicaid continuity Through Dec. 2025 A.C.A. subsidies Subsidized COBRA Housing ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Foreclosure ban Eviction ban Through Sept. 2025 Rental aid Through Sept. 2030 Housing vouchers Unemployment ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Self-employed qualify Relaxed rules Extended duration Extra $600/week Extra $300-$400/week Extra for self-employed Extra $300/week Note: The selection of programs is not comprehensive, but it represents those with the highest costs or those affecting the most people. PROGRAM DURATION ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Emergency food benefits Gave all households maximum Free school meals For all children Remote WIC services Waived need to appear in person Through Sept. 2026 Paused work requirement For adults without kids Meals outside of school Summer meals made permanent No expiration Increase in max. PROGRAM DURATION ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Foreclosure moratorium For federally backed mortgages Eviction moratorium Rental assistance New emergency program Through Sept. 2025 Housing vouchers Additional funding Through Sept. 2030 Note: While funding for emergency housing vouchers is available through September 2030, vouchers cannot be issued to new households after September of this year. PROGRAM DURATION ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’20 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’21 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’22 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’23 ’24 Benefits for self-employed Including gig workers Relaxed rules Work searching not required Extra weeks of benefits Up to 53 additional Extra $600 per week Extra $300-$400 per week Depending on the state Extra for self-employed $100 more per week Extra $300 per weekAnother is support for families with young children.

☆ Goldman Sachs: Buy these 32 quality stocks that are priced right and set for strong growth in this uncertain economy
▼ + stars: | 2023-03-31 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Growth stocks have excelled so far in 2023 as inflation and interest rate expectations decline. Goldman Sachs shared 32 high-quality growth stocks that have attractive valuations. Goldman SachsLower bond yields have pushed investors seeking returns back towards growth stocks, which has been a key reason for their strong outperformance year-to-date, according to Goldman Sachs. Stick to high-quality growth in this backdropHowever, the rising tide isn't lifting all growth stocks equally. Goldman Sachs"We recommend investors own high-margin growth stocks and avoid low-margin growth stocks, given the current resilient economic growth pricing within equity markets but pessimistic pricing in rates markets," Hammond wrote.

☆ I think there are more to come, says The NY Times' Kate Kelly on bank issues
▼ + stars: | 2023-03-16 | 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 EmailI think there are more to come, says The NY Times' Kate Kelly on bank issuesThe New York Times' Kate Kelly, Ben Eisen of the Wall Street Journal, George Hammond of The Financial Times and Matt Maley of Miller Tabak join CNBC's Brian Sullivan and 'Last Call' to discuss the current bank crisis and how it's being handled.

☆ Boeing expects 2023 aircraft financing to reach pre-pandemic levels
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +1 min

March 15 (Reuters) - Boeing Co (BA.N) said in a report on Wednesday that it expects commercial aircraft financing to reach near pre-pandemic levels in 2023, highlighting strong industry fundamentals. The carrier released its outlook amid increased signs of distress in the banking sector as shares of Credit Suisse (CSGN.S) slumped on funding concerns. Banks have already been under pressure following the recent collapse of the Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O). The planemaker did not immediately respond when asked if its outlook takes into account the stress in the banking sector. Boeing, which annually reviews aircraft financing trends, said it sees increased interest from aircraft financiers and investors to aid commercial airplane deliveries.

☆ Uneasy calm descends after SVB-triggered turmoil
▼ + stars: | 2023-03-15 | by ( Dhara Ranasinghe | ) www.reuters.com time to read: +5 min

The European Central Bank is still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, given high inflation, a source close to its Governing Council told Reuters. European stocks slipped 0.9% (.STOXX) in early trade but held above three-month lows reached on Monday as panic gripped world markets following SVB's collapse last week. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.9%, having slid 1.7% on Tuesday. Japan's Nikkei index was flat (.N225) while an index of Japanese banks, which has slid 8% this week, jumped over 3% (.IBNKS.T). There had been worries that stronger-than-expected data might lead the Fed to go for jumbo-sized hikes to battle inflation.

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