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New York CNN —The New York Stock Exchange opens every workday morning at 9:30 am ET with the fast-paced bang-clang of a gleaming brass bell. The stock exchange, the largest in the world by market capitalization, has opened with sonic fanfare for more than 150 years. From Wall Street to the Nasdaq Exchange in Times Square to the Chicago Board Options Exchange, loud, ringing bells bookend each trading session. Stock exchanges say that the bell ringing remains both a critical guide and a ceremony that celebrates the market’s resilience through devastating lows and exuberant highs. The stock exchange had been closed since two hijacked commercial airliners were deliberately crashed into the World Trade Center's twin towers on September 11.
Persons: there’s, , Peter Asch, Reagan, Ronald Reagan, Serena Williams, Nelson Mandela, Richard Grasso, Henny Ray Abrams, David Howson, Scott Olson, Howson, Mark McCooey, Morgan Stanley, ” McCooey, Karen Snow, Brendan McDermid, Barbie, Barbie ”, , Chris Hondros, Trudi Wagner, Wagner, Ronald Moser, Wagner That’s, Goldman Sachs, ” Wagner Organizations: New, New York CNN, The New York Stock Exchange, Nasdaq Exchange, Exchange, New York Stock Exchange, Jersey Shore, NYSE, Former South African, Getty, Cboe, yanks, Nasdaq, Microsoft, UN, United Nations, Bell, Warner Bros, Warner Bros ., World Trade Center, Trade Center, United, New York Stock, Trade, Dow Jones Locations: New York, Chicago, Jersey, Asch, AFP, York, Chicago , Illinois, New York City, America, United States, New Jersey, Manhattan, Charleston , South Carolina
The STOXX Europe 600 hit 500 points for the first time last week, and the benchmark index has since notched yet another all-time high. When stocks fell immediately after seven weeks of gains, they lost 1.17% on average. The Stoxx Europe 600 recorded its longest winning streak between June and August 1993, when the market rose for 12 straight weeks. The weighted average of analyst price targets for the companies in the Stoxx Europe 600 points toward a 9.1% upside potential for the index, according to FactSet data. The bank has an end-of-year price target of 510 points for the Stoxx Europe 600.
Persons: Sebastian Raedler, Emmanuel Cau Organizations: CNBC, of America's, Barclays Locations: Europe
That pushed Biden's count past 1,968 for a majority of delegates to the Democratic National Convention in Chicago this August, where his nomination will be made official. Former President Donald Trump is expected to clinch the Republican nomination shortly. Biden, who mounted his first bid for president 37 years ago, did not face any serious Democratic challengers to his run for reelection at age 81. Already the oldest-ever American president, Biden would be 86 if he served out the entirety of a second term. “I sure feel confident.”Biden first ran for the Democratic nomination ahead of the 1988 presidential election, but flamed out when it emerged he had plagiarized speeches.
Persons: Joe Biden, Biden, Donald Trump, , Trump, Vladimir Putin, Roe, Wade, Putin, Volodymyr Zelenskyy, Robert Hur, I’ve, he’s, Dean Phillips, Phillips, Said, Aishah Al, Louis, “ It’s, , Barack Obama, uncommitted, Delaware Sen, Ted Kaufman, , ” Biden, Kaufman Organizations: WASHINGTON, Democratic, Democratic National Convention, Republican, Associated Press, NORC, for Public Affairs Research, NATO, GOP, Trump, Biden, Republicans, Dean Phillips of Locations: Georgia, Chicago, U.S, Ukraine, Russia, Kyiv, Western Europe, Afghanistan, Kabul, Dean Phillips of Minnesota, St, Louis Park , Minnesota, Delaware, Iowa, South Carolina
Founder Pavel Durov said profitability is coming, and maybe even an IPO. Durov gave his first public interview in seven years to the Financial Times. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn a rare new interview, Telegram founder Pavel Durov revealed that his company is nearing profitability, and may even enter the public market. It's the reclusive founder's first public interview since 2017, according to the outlet.
Persons: What's, Pavel Durov, Durov, , who's, Mark Zuckerberg, founder's Organizations: Financial Times, Service, Business Locations: Russian, Russia, Dubai
But I've decided not to track my high school senior when he's out and about — even when he's behind the wheel. I'm not naïve: I know my son won't always make the correct decisions. But he will; that's life. What my son gains far outweighs what I lose by opting not to use a tracking app. I don't always need to know where he is, but he'll always know where I am should he need me.
Persons: , I've, I'm, micromanaging, he's, he'll, We're, we've Organizations: Service, Google, Business, SWAT
"MS' Economics team believes that the announced fiscal package is insufficient to boost the economy as fiscal package remains supply-centric," Wang said. "Policy support for developing advanced production capacity will lead to increased capex in associated value chains like the industrials and IT sectors," the HSBC analysts said. All four stocks are listed in Shenzhen: Inovance — as a seller of factory automation components, Inovance should "benefit from the recovery of the discrete automation market in 2024," the HSBC analysts said. The HSBC analysts expect Innolight to increase its sales of its most advanced product, and introduce an even better product in the fourth quarter. Sanqi Entertainment — HSBC analysts expect this gaming stock can nearly double to 36 yuan a share.
Persons: Steven Sun, Wu Qing, Morgan Stanley, Laura Wang, Wang, Xi Jinping, Michael Bloom Organizations: Beijing, Authorities, HSBC, Finance, Information, Inovance, Naura Tech, Sanqi Entertainment — HSBC Locations: China, HSBC China, Shanghai, Beijing, Chongqing —, Shenzhen
He observed the fall of Google's open culture and its impact on Google's product. His controversial memo questioning Google's diversity practices noted that "Google's political bias has equated the freedom from offense with psychological safety, but shaming into silence is the antithesis of psychological safety." Rather than reaffirm Google's culture of open questioning and psychological safety by actively challenging Damore's assertions, leadership fired Damore and ended the discussion. Google leadership did further damage to the company's open culture following employee protests of military contracts and executives' alleged sexual harassment. AdvertisementThe closing of Google's open culture harmed the product.
Persons: David Kiferbaum, , Eric Schmidt, Jonathan Rosenberg, Larry Page, Sergei Brin, James Damore, Damore, Sundar, TGIF, what's Organizations: Google, Big Technology, Service, CNN
She is one of seven children of Robert Levinson, the longest held hostage in US history. It was the day before his 59th birthday, and I was going to see him the following weekend for a big family celebration. Sarah Levinson Moriarty Sarah Levinson MoriartyMy dad was a man who was larger than life — kind, smart and a true patriot. The flag will now fly above the White House, State Department and Capitol on this day as well as on Flag Day (June 14), the Fourth of July and any day in which Americans held captive overseas come home to our great country. Six Americans are still being held hostage by Hamas after its October 7 terror attack on Israel.
Persons: Sarah Levinson Moriarty, Robert Levinson, Sarah Levinson Moriarty Sarah Levinson Moriarty, Bobby Levinson, Levinson, Manuel Balce Ceneta, Bob Levinson, , , Paul Whelan, Evan Gershkovich, Ksenia Karelina, Mark Swidan, Kai Li, David Lin Organizations: New, Security, CNN, FBI, CIA, White, House, State Department, Capitol, Hostage, Wall Street Locations: Kish, Iran, Florida, Israel, Russia, Russian, China, American
Competition is heating up in the electric vehicle industry, especially between investor favorite Tesla and Chinese automakers like the Warren Buffett-backed BYD . He said that most EV businesses had not succeeded in making money yet, given the "extraordinary" amount of capital invested initially. He manages over $750 million across the Latitude Horizon Fund and the Latitude Global Fund . 'Phenomenal' Ferrari Lait described Ferrari in particular as "a phenomenal business." The average price target on Ferrari is 391.96 euros ($425.14), according to FactSet data, giving it potential downside of around 8%.
Persons: Tesla, Warren Buffett, EVs, Freddie Lait, CNBC's, Lait, Ferrari Lait, Ferrari, Morgan Stanley's, — CNBC's Michael Bloom Organizations: Latitude Investment Management, Ferrari, Motors, Volkswagen, BMW, New York Stock Exchange, Euronext, Euronext Milan, UBS Locations: Euronext Milan
When the pandemic began, Susannah Dalton and José Ignacio Vivero were living in a basement apartment in Sunnyside, Queens. “It wasn’t bad during Covid,” Ms. Dalton said, “because it had a strong bunker feel and that was the vibe back then. They began by completing an application for NYC Housing Connect, the online portal that matches renters with open housing lotteries. “We thought, well, let’s just start putting our hat in the ring,” recalled Ms. Dalton. “We’re lucky because, as artists, we get a lot of grant funding, and the Queens Art Fund has been so supportive,” Ms. Dalton said.
Persons: Susannah Dalton, José Ignacio Vivero, Ms, Dalton, , it’s, , , ” Ms Organizations: Housing Connect, Queens Art Fund Locations: Sunnyside , Queens, Queens
Tim Scott grew up in poverty and worked as an insurance agent before pivoting to politics. Tim Scott in 2011. Chip Somodevilla/Getty ImagesIn his presidential campaign announcement speech, Scott described himself as being "raised in poverty in a single-parent household" in South Carolina. During high school, Scott worked at a movie theater and often ordered fries for lunch from Chick-fil-A since he couldn't afford the sandwiches, he wrote in a 2016 post on Medium. He then served in the South Carolina House of Representatives from 2009 to 2011.
Persons: Tim Scott, Chip Somodevilla, Scott, John Moniz Organizations: Presbyterian College, of Christian Athletes, Charleston County Council, South Carolina House Locations: South Carolina, Charleston, South
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. However, the laborers behind the surging industry face conditions similar to those in the country's factories, facing low wages, long hours, and risky, repetitive work, according to numerous reports. Lu, a 19-year-old Meituan delivery driver in Guangzhou, told Nikkei Asia he earned just 7 yuan per delivery, less than a dollar. In the US, delivery drivers average $17.10 per hour, according to the Bureau of Labor Statistics. They "know it is impossible to deliver in the time expected by the platform," Tiziano Bonini from the University of Siena, who has been studying gig work in China, told the outlet.
Persons: , Lu, Meituan, Didi Chuxing, SCMP Organizations: Service, Nikkei Asia, Business, Economic Research, Wired, Bureau of Labor Statistics, China Morning, Ministry of Human Resources, Social Security, University of Siena Locations: China, Guangzhou, Guanzhou, Shanghai
Santiago, Chile CNN —How do we mourn the death of one solitary tree, when whole forests burn down? I planted it almost three quarters of a century ago, when I was just 7 years old. If I never kept that promise to my tree, it was never far from my mind as the years passed. In all likelihood, that tree, planted by me as a child, has now been reduced to cinders. It’s a reminder to pay homage and give thanks to each and every tree that succumbs to this climate debacle.
Persons: Ariel Dorfman, Ariel Dorfman Les Todd, Salvador Allende, Augusto Pinochet’s, Patricia Araya Organizations: Duke University, CNN, Chile CNN, Nacional Locations: Chilean American, Chile, Durham , North Carolina, Santiago, Texas, Australia, Colombia, California, Hawaii, New York, del Mar, Viña del
Dubai photographer reveals the UAE’s hidden wildlife
  + stars: | 2024-02-28 | by ( Arya Jyothi | ) edition.cnn.com   time to read: +5 min
CNN —In a country best known for its soaring skyscrapers, modern architecture and sprawling desert, wildlife isn’t always what comes to mind when people think of the United Arab Emirates (UAE). Originally from India, Karingattil moved to Dubai 17 years ago and began photographing wildlife shortly after, specializing in macro photography, using extreme close ups. With the UAE’s president recently extending the country’s “Year of Sustainability” into 2024, Karingattil uses wildlife photography as a method of capturing the country’s biodiversity and sharing it with others. For Karingattil, conservation is an important aspect of wildlife photography, which he believes can serve as a powerful tool for advocacy. “By removing litter and debris, we can reduce the impact of human activities on the natural world.”
Persons: Anish Karingattil, Karingattil, ” Karingattil, , , Herping, Andrew Gardner, Gardner, couldn't, Anish Karingattil Gardner Organizations: CNN, United Arab Emirates, , Sustainability ”, Accounting, Biodiversity Conservation, Emirates Nature, Biological Diversity, Emirates Locations: UAE, Dubai, India, Emirates, dugongs, Australia
CNN —Astronomers have discovered three previously unknown moons around Uranus and Neptune, the most distant planets in our solar system. In the future, the tiny satellite will be named after a Shakespearean character, in keeping with the tradition of Uranus’ moons bearing literary names. He worked with Marina Brozovic and Bob Jacobson of NASA’s Jet Propulsion Laboratory in Pasadena, California, to determine the moon’s orbit. The outer moons orbiting all the giant planets across our solar system — Jupiter, Saturn, Uranus and Neptune — share similar configurations. “Even Uranus, which is tipped on its side, has a similar moon population to the other giant planets orbiting our Sun,” Sheppard said.
Persons: , Scott S, Sheppard, Marina Brozovic, Bob Jacobson, Scott Sheppard, David Tholen, Chad Trujillo, Patryk Sofia Lykawka, ” Sheppard, Neptune Organizations: CNN —, Carnegie Institution for Science, Planet, NASA’s Jet Propulsion Laboratory, Carnegie Science, Subaru, University of Hawaii, Northern Arizona University, Kindai University Locations: Chile, Pasadena , California, Kea, Japan, Neptune
Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. "The harm to customers, lenders, and investors is zero," Bankman-Fried's lawyers wrote. The lawyers wrote that Bankman-Fried has a "neurodiversity" that "greatly affects how he perceives and is perceived." It is not a disease or a condition that needs to be cured," the lawyers wrote. "Individuals with ASD are often at considerably greater risk of physical harm and extortion in prison than other inmates," the lawyers wrote.
Persons: Sam Bankman, Fried, Joseph Bankman, Barbara Fried, Lewis Kaplan, , Michael Milken, Damian Williams, Williams, Kaplan, Marc Mukasey, Sam, Drexel Burnham Lambert, Milken Organizations: Bankman, Alameda Research, The Manhattan U.S, PSR, Defense, Drexel, CNBC PRO Locations: New York, FTX, Manhattan, Alameda, Brooklyn , New York
Despite living a fairly standard American childhood, my daughter's upbringing includes one radical difference: her parents have weird phones. Both my husband and I switched from iPhones to "dumb phones" in 2017 after waking up to our phone addictions, and we never plan to go back. We got rid of our smartphones before becoming parentsMy husband and I switched to dumb phones before becoming parents. We plan to buy our daughter a "dumb phone" when she reaches phone-having age. Who knows — with "dumb phone" use on the rise, maybe she won't be the only weird phone-wielding teen on the block.
Persons: isn't, we've, She'll
AI researchers have struggled with hedge funds' culture around proprietary secrets, which goes against the open-source philosophy foundational to AI and academia. Some recruiters, including Michael Stover, are seeing double- and triple-digit growth in AI hiring among hedge funds and prop-trading firms. For heads of AI, he said, hedge funds are dishing out a minimum of $1.5 million in total comp. But perhaps the top reason hedge funds are interested in the technology is that AI capabilities are bait in the war for investing talent. It's one of the few large US hedge funds without an executive or centralized team dedicated to AI or machine learning.
Persons: Ken Griffin's Citadel, Li Deng, Deng, Ken, Ken Griffin, Michael Stover, Stover, ExodusPoint, Balyasny, Agni Ghosh, Stott, isn't, Sumeet Chabria, Conor Twomey, Tim Mace, Mace, May's Ghosh, it's, They're, Peter Finter, Finter, That's, Ghosh, you've Organizations: Microsoft, Business, Citadel, Milken Institute, Reuters, Millennium Management, Bloomberg, Balyasny Asset Management, Man, Bank of America, Wall, Wall Street, Tech, Google Locations: Chicago, Seattle, Beverly Hills , California, London, San Francisco, Silicon Valley, Wall
In 2007, I became Monster.com's first chief diversity officer, then Walgreens' in 2012. Most recently I served as chief human-resources officer at Workhuman. When done right, DEI programs not only give companies a competitive edge but also can be the very means of mending a broken America. Unsurprisingly, the role of chief diversity officer became more popular during this time as CEOs and boards recognized that they needed a dedicated team with resources to prevent similar class-action settlements and public-relations disasters. Prior to serving as chief people officer for Workhuman, he was chief diversity officer for Walgreens and Monster.com.
Persons: unschooled, Monster.com's, meritocracy, Kennedy, Johnson, Nixon, ERGs, Charles Walgreen, Jim Crow, Rep, Robert B, Elliott of, Steve Pemberton Organizations: Walgreens, Revelio Labs, America, Commission, Texaco, Denny's, Nextel, Harvard, The Lighthouse Academy Locations: America, Elliott of South Carolina
CNN —A new study finds that the asthma medication Xolair may substantially reduce severe allergic reactions in people who have multiple food allergies and are accidentally exposed to those foods. There is no cure for food allergies, and the only other FDA-approved treatment is Palforzia, an oral immunotherapy for peanut allergies in children between 4 and 17 years old. “But the reality is that most of our patients don’t just have peanut allergy,” Wood added. For people who have multiple severe food allergies and even moderate to severe allergic asthma, Casale says, Xolair might be the best treatment option. Xolair does not eliminate food allergies, and unlike with some environmental allergies such as pollen, many people never outgrow them, Casale added.
Persons: , Sharon Chinthrajah, , ” Xolair, Robert Wood, ” Wood, Xolair, Wood, omalizumab, Thomas Casale, Palforzia, Casale, they’ve, ” Lindsey Mathias, Dr, Sanjay Gupta, Chinthrajah, “ We’re Organizations: CNN, New England, of Medicine, US Food and Drug Administration, Stanford University, of Allergy, Immunology, Johns Hopkins Children’s, Genentech, Novartis, FDA, National Institutes of Health, University of South, American Academy of Allergy Asthma, CNN Health, Xolair Locations: anaphylaxis, Eudowood, Johns, University of South Florida Tampa
Schele Williams first saw “The Wiz” when a tour of the original Broadway production came through Dayton, Ohio. She even used the show’s soaring finale, “Home,” as one of her audition songs. Now, after working on Broadway as an actor (“Aida”) and an associate director (“Motown”), she is directing the first Broadway revival of “The Wiz” in almost 40 years. It’s a chance, Williams said, to celebrate what “The Wiz” has meant to her and to pass the story along to her daughters. Since becoming a Broadway hit in 1975, “The Wiz,” a gospel, soul and R&B take on Dorothy’s adventures in Oz, largely composed by Charlie Smalls, with a book by William F. Brown, has been a vibrant cornerstone of Black culture.
Persons: Schele Williams, Dorothy, , Williams, It’s, Charlie Smalls, William F, Brown Organizations: Broadway Locations: Dayton , Ohio
Kherson, Ukraine CNN —If one man’s story encompassed all two years of Ukraine’s war you might expect it to have ended abruptly long ago. And slowly, Russian forces pushed the Ukrainians back towards Mariupol’s Azovstal steel plant. On May 17, Ukrainian troops began surrendering. Kyiv released a drone video as part of its fervent denial, showing the same Russian troops who planted a flag over the flattened hamlet, fleeing the scene. “I have hope he will never be part of this war,” Oleksandr said.
Persons: Oleksandr, , , , gaunt, Valery Zaluzhny, “ I’m, Ed Ram, it’s, Sergei Shoigu, Vladimir Putin, Putin, ” Oleksandr Organizations: Ukraine CNN, CNN, Ukrainian, Urozhaine . 36th Marines Brigade, Armed Forces, Russia, NATO, Washington Post, Kremlin Locations: Kherson, Ukraine, Mariupol, Russia, Urozhaine, Kyiv, Urozhaine ., Russian, Vodiane, Denmark, AFP, Olenivka, Donbas, Dnipro, Crimea
Sub-Saharan Africa is home to four critically endangered species of vulture, and in South Africa, a non-profit conservation and rehabilitation group called VulPro is working to protect these fascinating birds. The operation involved over 50 people, logistics company DHL and WeWild Africa, an NGO specializing in animal rewilding and translocation. It was at that very moment that I actually understood how fragile and misunderstood the species were.”An African White-backed vulture (closest to camera) at the VulPro rehabilitation center near Pretoria, South Africa. Recent efforts have concentrated on the white-headed vulture, with a population of only 3,685 adults continent-wide, according to BirdLife International, and only a small percentage of that figure in South Africa. Poisoning is the most common reason for vultures to require treatment in South Africa, often from ingesting lead in discarded batteries, or bullets in animal carcasses, says Joubert.
Persons: VulPro, , Kerri Wolter, Gertrude Kitongo, , Johan Joubert, Joubert, Wolter, Organizations: CNN, Reserve, DHL, WeWild, BirdLife International, Shamari Locations: Saharan Africa, South Africa, Eastern Cape, WeWild Africa, African, Pretoria, Africa, West Africa, KwaZulu, Natal, South
Tourette syndrome can't be cured, but I want to have more control over my tics. My tics started when I was a kidI started having tics around the age of 7. Despite these criteria, about half of children with Tourette syndrome go undiagnosed, according to the CDC. AdvertisementStress and anxiety can often make symptoms of Tourette syndrome worse, and college brought on a level of stress I hadn’t felt before. Most adults can inhibit that signal, but people with Tourette syndrome cannot.
Persons: , I’m, “ Let’s, , , Tourette Organizations: Service, American Psychiatric Association, CDC Locations: Boston
At 21, she bootstrapped Headchop, which started as a one-chair basement salon in Williamsburg. To step into Headchop Hair Studio is to step back in time. The humble basement salon, sandwiched between residential buildings on Berry Street in Williamsburg, Brooklyn, is easy to miss. Mabry, pictured styling hair at Headchop, says that her "fascination" with hair began in middle school. Mabry's original location, Headchop, is by appointment only.
Persons: Martha Ellen Mabry, bootstrapped, , Alisha Wetherill, Mabry, Headchop, Samuel Robert Bullen Mabry's, messaged, she'd, It'll, Michelle Iorio, Iorio, Clinton Van Gemert, I'm, Hayley Carloni, I'd, chemo —, Lil, She'd, I've Organizations: Service, New, New Yorker, Business, South Carolina, Craigslist Locations: Williamsburg, Berry, Williamsburg , Brooklyn, New York City, New, South Carolina, New York, Brooklyn, South, DevaChan
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