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☆ I quit Goldman Sachs to be a stay-at-home dad. More men should look after the kids so women can have careers.
▼ + stars: | 2024-08-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a transcribed conversation with Pranshu Dwivedi, 35, from New Delhi, about quitting his job at Goldman Sachs to be a stay-at-home dad. Business Insider verified his employment at Goldman Sachs with documentation. I joined Goldman Sachs as an intern in 2011, and in 2012 I got a full-time job as an analyst working in their Bengaluru office. AdvertisementI loved my experience at Goldman Sachs. I joined Goldman Sachs full-time in 2012, working on the equity research team.

Persons: —, Pranshu Dwivedi, Goldman Sachs, Goldman, I've, Hong Kong Goldman, We'd, wouldn't, She's, I'm, there's Organizations: Service, Goldman, Business Locations: New Delhi, Bengaluru, Hong Kong, Delhi, India

☆ These cities will be too hot for the Olympics by 2050
▼ + stars: | 2024-08-11 | by ( Lou Robinson | Angela Dewan | ) edition.cnn.com time to read: +8 min

The only certainty about Summer Olympics weather is that there’s really no certainty at all. In other words, holding the Summer Games in these cities would be a huge health risk for the athletes. The Games held in 1996 in Atlanta simply wouldn’t be possible in 2050. They may not againSome of the cities that have already hosted the Summer Games will be way beyond safe temperatures by 2050. Beijing, which hosted in 2008, would be much too hot and humid, with heat stress forecast to soar past 90 degrees.

Persons: CarbonPlan, Spain’s, Oriana Chegwidden, ”, It’s, —, exertional, Yuri Hosokawa, Exertional heatstroke, they’re, ” Hosokawa, Hosokawa, “ Organizations: CNN, Olympics, Brisbane, Doha, Southern, Waseda University Locations: CarbonPlan, Gulf of Mexico, Florida, Texas, Atlanta, China, Beijing, Shanghai, Hong Kong, Southeast Asia, Sydney, di Janeiro, Europe —, London, Oslo, Stockholm, Palermo, Sicily, Spain’s Seville, Los Angeles, Australian, Queensland, Brisbane, India, Ahmedabad, Indonesia, Nusantara, Qatar, Turkey, Istanbul, Poland, Chile, Warsaw, Santiago, Doha, Athens, Rome, Tokyo, Seoul, Barcelona, Australia, Rio de Janeiro, Sapporo, Japan

☆ Vance looks to turn tables on Walz
▼ + stars: | 2024-08-11 | by ( Eric Bradner | ) edition.cnn.com time to read: +9 min

“Tim Walz gave his wife a nice, firm Midwestern handshake, and then tried to sort of awkwardly correct for it,” Vance said. Vance said “of course” he acknowledges the families of Harris and Buttigieg, and argued his comments were taken out of context. The Ohio senator said Republicans’ goal is to contrast the policies Trump stood for during his term in office with those of the Biden-Harris administration. “I think all President Trump was saying was that look, it’s kind of weird that you have so many bureaucrats making so many important decisions. “And I think that’s what President Trump was getting at.

Persons: Vance, Tim Walz, CNN’s Dana Bash, Walz, Kamala Harris, he’d, “ Tim Walz, ” Vance, “, ”, Dana, doesn’t, Walz “, Walz —, Harris, —, Donald Trump, Pete Buttigieg, Buttigieg, Trump, Joe Biden’s, ’, Joe Biden, Harris “, Joe Biden doesn’t, Walz misspoke —, I’m, Tim Walz’s, “ It’s, Doug Julin, CNN’s Laura Coates, Julin, “ I’m, Tim Walz didn’t, Kate Cox, … You’ve, Harris –, India – Vance, “ She’s, hasn’t Organizations: CNN, Republican, Democratic, MSNBC, Union, Transportation, Trump, Biden, Biden White, Army National Guard, Congress, Federal, National Association of Black Journalists Locations: Minnesota, Ohio, Philadelphia, “ State, United States, Milwaukee, Italy, Afghanistan, Iraq, Texas, Jamaica, India

☆ When Trump attacks Harris’ racial identity, these Americans say it’s personal
▼ + stars: | 2024-08-11 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +12 min

“Is she Indian or is she Black?” Trump said, falsely claiming his political rival for the presidency “happened to turn Black” a few years ago. Webb, Harris and more than 33 million other multiracial Americans are, by some measures, part of the nation’s fastest growing demographic group. And for many of them, former President Donald Trump’s repeated attacks on Harris’ identity feel particularly personal. I don’t say I’m a Black woman. See how that works.”Anthony McDowell shared this photo of his family on Facebook after hearing Trump's recent remarks questioning Harris' racial identity.

Persons: Sean Webb didn’t, Webb, He’s, Donald Trump, Trump, Kamala Harris, ” Trump, ” Webb, “, Harris, ”, Donald Trump’s, Martha S, Jones, who’s, Trump’s, ” Harris, hasn’t, surrogates, JD Vance, didn’t, ” Vance, Michaelah Montgomery, US Sen, Maribel Vance, Stephen Maturen, Amber Rose, Kamala, she’s biracial, Angela Lee, she’s, Lee, ” Angela Lee, Paul, Lizzie, Ayla, Angela Lee Lee, Mindy Kaling, ” Lee, ’, Anthony McDowell, ” McDowell, ” Anthony McDowell, McDowell, we’re, We’ve, they’ve, “ I’m, he’s, it’s, Sean Webb, Harris ’ Organizations: CNN, National Association of Black Journalists, Johns Hopkins University, Republican, GOP, Trump, US, Indian, Facebook, Olympics, Team USA Locations: Denver, Appalachia, United States, Baltimore, Houston, Jamaica, India, Georgia, St Cloud , Minnesota, Indian, California, Pasadena , California, Puerto Rican, Indian American, United Nations, Texas, America

☆ Flags banned, signs ripped up: Why you can’t mention Taiwan at the Olympics
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +7 min

At Paris 2024, Taiwan’s red and blue flag is banned, as is the name “Taiwan” and its anthem. Security staff confiscated a "Taiwan" towel from a fan during the men's doubles badminton semi-final last week. Taiwan is a self-governing democracy that competes as “Chinese Taipei,” an attempt to participate in the Olympics without angering mainland China. That included the women’s team table tennis quarterfinal between Chinese Taipei and China that NBC News attended Wednesday. “Taiwan Independence, go to die.”“Motherland will retake Taiwan tomorrow, okay?” said another, referring to China.

Persons: Taiwan’s Lee Yang, Wang Chi, Liang Weikeng, Wang Chang, “ Let’s, Arun Sankar, Taiwan ”, Taiwan’s Chou Tien Chen, India’s Lakshya Sen, ”, Ann Wang, “, Xi Jinping, Aytac Unal, Mark Adams, Mao Zedong’s, China’s Wang Manyu, Chien Tung, chuan, Wang Zhao, Chiang, Yu Tsing Lin, Chen Szu, Lee Yang Organizations: PARIS, Security, Getty, Taiwanese Ministry of Foreign Affairs, Olympics, Chinese Foreign Ministry, Games, Olympic, Chinese Communist Party, International Olympic Committee, NBC News, IOC, Anadolu, Nationalist, Mao Zedong’s Communists, Taiwan, Paris Games, Taipei women’s, Weibo, Taipei House Locations: Taiwan, Beijing, Russia, Belarus, Ukraine, Tokyo, Paris, China, Taipei, U.S, Republic of China, Formosa, AFP, London, Taiwan Independence

☆ Protecting women from deceitful men or criminalizing break-ups? A new law in India stirs debate
▼ + stars: | 2024-08-10 | by ( Samra Zulfaqar | ) edition.cnn.com time to read: +6 min

But the new law has also provoked questions about how it will be applied, whether it can effectively protect women from sexual exploitation and whether it risks criminalizing break-ups. Audrey Dmello, director of Majlis Law, a women’s rights NGO in India, supports the new law. She argues “promise to marry” rape cases are under-reported and needed to be tackled through legislation. “Having such a law gives women validity as to what happened to them,” she told CNN. Potential concernsThe new law distinguishes “promise to marry” cases from rape – but some lawyers say the parameters are still vague.

Persons: Narendra Modi’s, Audrey Dmello, “, ”, Burhaan Kinu, he’d, Tanvir Siddiki, ’, Gopal Krishna, Siddiki, Durjoy Biswas, Vanshika Bhattad Organizations: CNN, Hindustan Times, “ Locations: India, New Delhi, Chhattisgarh, Varanasi, “, Mumbai, Kolkata, West Bengal, Delhi

☆ Turkey restores access to Instagram after 9-day block
▼ + stars: | 2024-08-10 | by ( ) www.cnbc.com time to read: +2 min

PARIS, FRANCE - OCTOBER 07: In this photo illustration, social media, Instagram and Threads application logos are displayed on the screen of a smartphone on October 07, 2019 in Paris, France. The social network Instagram launched last week Threads its new application to promote the constant and intimate sharing between users and their closest friends. (Photo by Chesnot/Getty Images)Turkey said on Saturday it had restored access to social media platform Instagram after the company agreed to cooperate with authorities to address the government's concerns. Turkey blocked access to the social media platform on Aug 2 for failing to comply with the country's "laws and rules" and public sensitivities. This is the country's longest ban of a major social media platform in recent years," Internet monitor NetBlocks said.

Persons: Instagram, Ismail Haniyeh, Abdulkadir Uraloglu, Uraloglu, Meta, NetBlocks Organizations: Chesnot, Hamas, Israel, West, Infrastructure, Reuters Locations: PARIS, FRANCE, Paris, France, Turkey, Gaza, India, United States, Brazil, Indonesia

☆ Opinion | My Travel Tips for Seeing the World’s Best Places
▼ + stars: | 2024-08-10 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +2 min

’Tis the season for vacations, so let me make my pitch that the best travel is not lounging at a beach resort but rather journeying into a different world. So I preach both travel and prudence, and on a recent book tour, I found myself often asked about travel advice I had mentioned in my memoir. The most memorable travel often involves encountering something unfamiliar, so consider escaping the herds parading through Paris. A teenager from an affluent family in the New York or Boston areas would step into a different world by taking a ranch job in Wyoming. And this is the kind of travel that is not only affordable but actually pays for the experience.

Persons: Mark Twain, Spencer Cohen, I’ll Organizations: The Times Locations: Japan, Asia, U.S, Paris, Indonesia, Ghana, India, Nepal, Vietnam, Morocco, Bolivia, Europe, America, Indonesia’s Borneo, United States, New York, Boston, Wyoming

☆ China’s Great Wall of Villages
▼ + stars: | 2024-08-10 | by ( Muyi Xiao | Agnes Chang | ) www.nytimes.com time to read: +14 min

China’s Great Wall of Villages China has moved thousands of people to new settlements on its frontiers. Mr. Akester and Mr. Barnett, who have studied Tibet’s border villages for years, reviewed The Times’s findings. In neighboring Xinjiang and Yunnan, The Times identified six new and 59 expanded border villages. (China says there are hundreds of villages like them, but few details are available and many appear to be mere upgrades of existing villages.) A Times investigation found 12 villages in disputed areas Disputed areas Villages in disputed areas Other villages CHINA CHINA TIBET Arunachal Pradesh Controlled by India Claimed by China BHUTAN INDIA MYANMAR 50 miles CHINA CHINA TIBET Arunachal Pradesh Controlled by India Claimed by China BHUTAN MYANMAR INDIA 75 miles Source: RAIC Labs and The Times analysis of Planet Labs satellite imageryChina makes clear that the villages are there for security.

Persons: ”, Xi Jinping, Bhutan Gyalaphug, Tian Shan Wang, Matthew Akester, Robert Barnett, Akester, Barnett, India Demchok, ” Mr, Xi’s, Brahma Chellaney, Mr, Chellaney, Liu Pengyu, Brian Hart, India Migyitun, Jing Qian, Tenzin, “ Organizations: Daily, New York Times, RAIC Labs, Planet Labs, The Times, SOAS University of London, India, China United Front News Network, Times, ”, Embassy, Local, Planet Labs India, China Power, Center for Strategic, International Studies, Maxar, Center for, Asia Society, Communist Party, Human Rights Watch Locations: China, India, Beijing, Arunachal Pradesh, Tibet, Bhutan, Nepal, Central Asia, Southeast Asia, Tajikistan Fumin, Aimin, Vietnam, Luozha county, Shannan, Tibet Autonomous, Fumin, Xinjiang, Yunnan, China’s, CHINA CHINA TIBET Arunachal Pradesh, China BHUTAN INDIA MYANMAR, China BHUTAN MYANMAR INDIA, New Delhi, South China, Washington, ” India, Ladakh, Times, ”, Center for China, Central Asians, Dokha

☆ Forget free cash, there's an even more American way to help people get ahead
▼ + stars: | 2024-08-10 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +11 min

Read previewGuaranteed basic income is all the rage right now. Countries including India, Argentina, and Austria have tested out small-scale guaranteed job programs. Cleveland's jobs guaranteeFor Cotten, ensuring jobs for any American who needs one is a no-brainer. While many cities are testing out basic income programs, they haven't been universal and instead targeted specific groups in need like artists, new parents, low-income families, or people experiencing homelessness. Republican lawmakers have introduced bills to ban basic income programs in their states, with some arguing that handing out checks with no strings attached would disincentivize work and raise taxes.

Persons: —, that's, what's, Tcherneva, Sen, Bernie Sanders, Ayanna Pressley, Devin Cotten, Cotten, Franklin Delano Roosevelt's, Sanders, Pressley, Andrew Yang —, Gerald Connolly, UBE, Lukas Lehner, Lehner, Maximilian Kasy, they're, Kasy Organizations: Service, Business, Bard College, American, Democrats, Republicans, Washington Post, Social Security, Universal, University of Oxford, European Commission, European Union Locations: Denver, Baltimore, India, Argentina, Austria, Cleveland, Virginia, Austrian, Marienthal, South Africa, United States, France

Since the arrival in late June of a foreign police force known as the Multinational Security Support (MSS) mission, criminal attacks here have slowed. But in “red zones” across the city and beyond, a new war is just beginning, as gangs test the still-forming MSS. In other words, the MSS mission has no time to lose. CNNThis mission is designed to break the mold; unlike previous peacekeeping missions in Haiti, the MSS is independent of the United Nations. To dismantle Chen Mechan,’” he said listing the nicknames of notorious Port-au-Prince gang bosses.

Persons: Prince, Toussaint Louverture, Bob Marley’s, ”, Evelio Contreras, Garry Conille –, ” –, Conille, Garry Conille, ” Conille, Prince’s Toussaint, Godfrey Otunge, he’s, Haitian National Police Rameau Normil, ” Otunge, it’s, Al, “, Lamercie, ” Estinfort, –, Mawozo, “ I’m, Lanmo, Chen Mechan, ’ ”, Biden, Haiti Dennis Hankins, CNN he’s, Hankins, ” Hankins, we’re Organizations: Prince CNN —, Haitian National Police, Multinational Security, CNN CNN, CNN, United Nations ’, UNICEF, Regional, CARICOM, State University of Haiti Hospital, “, ” Police, Planet Airways, Kenyans, Kenyan, United Nations, UN, Troops, hasn’t, Normil, Institut, MSS, US, Haitian, Haitian Justice Department, Prisons, IBESR Locations: Washington, Port, Kenya, Kenyan, Haiti, Caribbean, Florida, downtown Port, Prince, Haitian, Jamaica, Benin, Chad, Bahamas, Bangladesh, Barbados, Belize, United States, France, Canada, South Korea, Italy, India, Al Shabaab, US, city’s, Ganthier, Barbeque

☆ New fossils could reveal origin of ancient ‘hobbit’ humans
▼ + stars: | 2024-08-10 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

More bones followed, and at first, archaeologist Thomas Sutikna and his team thought they had uncovered the ancient fossils of a child. And the newly studied fossils represent an earlier hobbit who was 2.4 inches (6.1 centimeters) shorter than the first specimen. Homo erectus was the first ancient human to migrate out of Africa about 1.9 million years ago. Together, the Homo floresiensis fossils paint a portrait of a hardy species able to adapt and thrive despite the presence of hulking Komodo dragons. Defying gravityAstronauts Butch Wilmore and Suni Williams have long outstayed a planned eight days in low-Earth orbit after traveling to the International Space Station aboard Boeing’s Starliner spacecraft in June.

Persons: Bua, Thomas Sutikna, floresiensis, Homo floresiensis, erectus, Homo erectus, Butch Wilmore, Suni Williams, SpaceX’s, Williams, David Brunetti, Pharaoh Djoser, NASA's, squaretail groupers, China’s Chang’e, Ashley Strickland, Katie Hunt Organizations: CNN, International Space, NASA, Sutton, Exploration Rover, Rover, CNN Space, Science Locations: Indonesian, Flores, Africa, African, Sutton Hoo, Suffolk, England, Sutton, Turkey, China, India’s

☆ Breaking explodes onto Paris' La Concorde, exciting spectators in its first Olympic showing
▼ + stars: | 2024-08-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +8 min

Lithuania's Dominika Banevič, known as Nicka, at La Concorde in Paris on Friday. Lithuania's Dominika Banevič known as Nicka, Japan's Ami Yuasa known as Ami, and China's Liu Qingyi known as 671 at La Concorde in Paris, on Friday. Odd Andersen / AFP - Getty ImagesUsually the Place de la Concorde is a busy traffic intersection. Team USA's Logan Edra, known as Logistx, competes in the breaking round-robin at the Olympics in Paris, on Friday. On Saturday, USA's B-Boys Victor and Jeffro will be among the athletes competing in the men's try of Olympic breaking, wrapping the sport's Paris showing.

Persons: Japan’s Ami, Lithuania's Nicka, Ami, Nicka, Dominika, Odd Andersen, Elsa, Getty, India —, Japan's Ami Yuasa, China's Liu Qingyi, La Madeleine, Malik, —, Sunny, Logistx, USA's Logan Edra, It’s, Ava Rodriguez, Rodriguez, Alison Palaia, Eric Quinlan, ”, Quinlan, “ We’ve, Palaia, “, USA's, Boys Victor, Jeffro, Alexander Smith, Rebecca Cohen Organizations: PARIS, La Concorde, AFP, Getty, Team USA, China's, Team United States, Nicka, Concorde, La, U.S, Los Angeles Games, Olympics, Boys Locations: Japanese, Lithuanian, Paris, Bronx, New York City, Netherlands, India, Carlota, Luxor, France, America, Norwalk, Conn, U.S, ”

☆ Arshad Nadeem: Pakistan celebrates its first Olympic medal in decades as javelin hero breaks Games record
▼ + stars: | 2024-08-09 | by ( Samra Zulfaqar | Sophia Saifi | ) edition.cnn.com time to read: +4 min

Islamabad, Pakistan CNN —Pakistan partied late into the night after javelin thrower Arshad Nadeem won the country’s first ever Olympic track and field medal with a Games record throw of 92.97 meters to take gold in Paris. The normally cricket-mad nation stayed up late Thursday night to watch Nadeem clinch Pakistan’s first Olympic medal since the men’s field hockey team won bronze in Barcelona 32 years ago. Supporters and family members of Pakistani athlete Arshad Nadeem celebrate after his Olympic victory at Mian Channu in Khanewal district, Pakistan on August 9, 2024. Arshad Nadeem of Pakistan and Neeraj Chopra of India embrace after their gold-silver medal finish at the 2024 Summer Olympic Games. Cricket holds an unofficial but prominent position as the national sport of Pakistan, resulting in increased funding and support.

Persons: Arshad Nadeem, Nadeem, Pakistan’s, I’ve, ”, Shahid Nadeem, Mian Channu, Shahid Saeed Mirza, ” Nadeem, Norway’s Andreas Thorkildsen, Arshad, India’s, Neeraj Chopra, Grenada’s Anderson Peters, Chopra, Pakistan's Arshad Nadeem, Denis, Andrej Isakovic, Altamish Jiwa, “ Nadeem, ” Jiwa, Arshad Nadeem of Pakistan, Tim Clayton, Corbis, “, Nadeem’s, Shehbaz Sharif, “ You’ve Organizations: Pakistan CNN —, CNN, Getty, Geo, Pakistan, Paris, Stade de France, India, Olympic, Cricket, Pakistan’s Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Paris, Barcelona, Mian, Pakistan’s Punjab, Khanewal district, AFP, Beijing, Indian, Saint, Los Angeles

☆ SoftBank-backed Indian EV startup Ola Electric pops 20% on debut valuing firm at $4.8 billion
▼ + stars: | 2024-08-09 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO). Shares of Ola Electric surged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around $4.8 billion. Ola Electric makes electric scooters and only shipped its first product 2½ years ago. This is the trend Ola Electric is trying to tap into as it prepares to deliver its first electric motorbike product in the second half of 2025. Ola Electric has some high-profile investors including SoftBank and Singapore's investment fund Temasek.

Persons: Bhavish Aggarwal, Ola, Ola Electric Organizations: Ola, Reuters, McKinsey & Co, Temasek Locations: Mumbai, India

The Food and Drug Administration’s “hands-off approach” to food additives, including those found in ultraprocessed foods and energy drinks, may allow unsafe ingredients to enter the nation’s food supply, according to the authors of an editorial published Thursday. While food manufacturers can request an FDA review of new ingredients before they are added to products — and they sometimes do — they are not required to do so. From 1990 to 2010, an estimated 1,000 substances were labeled GRAS by manufacturers and were used without notifying the agency, Pomeranz said, citing earlier research. Since then, she added, there have likely been many more ingredients added to the nation’s food supply without the FDA’s oversight. “We have no idea how many substances are in the food supply based on this self-GRAS mechanism,” Pomeranz said.

Persons: ”, Jennifer Pomeranz, “, Pomeranz, ” Pomeranz, Xaq, ” Frohlich, Richard Mattes, ” Mattes, “ It’s Organizations: American, of Public Health, FDA, European Union, NYU School of Global Public Health, Auburn University, Purdue University Locations: India, Japan, GRAS, Alabama, Indiana

☆ Sex eligibility rules for female athletes are complex and legally difficult. Here's how they work.
▼ + stars: | 2024-08-08 | by ( The Associated Press | ) www.nbcnews.com time to read: +9 min

Female athletes of color have historically faced disproportionate scrutiny and discrimination when it comes to sex testing and false accusations that they are male or transgender. Since the Tokyo Games in 2021, track’s World Athletics tightened the eligibility rules for female athletes with DSD conditions. Male athletes are not required to regulate their natural levels of testosterone, and female athletes who do not have DSD conditions also can benefit. In this dysfunction, boxing eligibility rules have not kept pace with other sports, and the issues weren’t addressed ahead of the Paris Games. She challenged track and field’s initial testosterone rules passed in 2011 as a reaction to Semenya.

Persons: Lin Yu, Semenya, —, ” Semenya, “, Mark Adams, Lin, Dutee Chand, Chand Organizations: Paris Olympics, Tokyo Olympics, Paris Games, International Boxing Association, Tokyo Games, Athletics, Cycling Union, FIFA, Sport, Olympic, IOC, IBA, European, of Human Locations: Algeria, Taiwan, Paris, Rio, Janeiro, Switzerland, Russian, India, Lausanne

On Thursday, investors in Asia will assess trade data from Japan and interest rate decision from the Reserve Bank of India. Global equities and currencies plunged earlier this week after the Bank of Japan hiked interest rates to their highest levels since 2008, and the U.S. released weaker-than-expected employment numbers. Asia-Pacific markets were mostly down in choppy trading on Thursday after U.S. stock benchmarks fell overnight, while investors assessed trade data from Japan and awaited India's rate decision. "Assuming that the price stability target will be achieved in the second half of fiscal 2025, the Bank should raise the policy interest rate to the level of the neutral interest rate toward that time," the summary read. Japanese technology investor SoftBank Group said in a statement on Wednesday that it would buy back up to 500 billion yen ($3.4 billion) of its shares as part of its efforts to boost shareholder returns.

Persons: Shinichi Uchida, Lasertec, Korea's Kospi Organizations: Reuters, The Reserve Bank of, Reserve Bank of India, Global, Bank of Japan, Dow Jones, Nasdaq, Nvidia, Nikkei, Bank, SoftBank, Semiconductor, Isuzu Motors, China's CSI, Cathay, Hong Kong's, Airbus Locations: The Reserve Bank of India, Asia, Japan, U.S, Pacific, Hong, Cathay Pacific

☆ Indian female wrestler is disqualified from gold medal match after making Olympic history
▼ + stars: | 2024-08-07 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +3 min

Despite being disqualified from the gold medal match just hours after she made Olympic history, Vinesh Phogat is still being hailed by many online for her bravery and resilience. The wrestler from Team India, who on Tuesday became the first woman from her country to make the Olympic finals, will not be participating in the women’s wrestling 50kg gold-medal match due to being "a few grams" over the weight class, according to the Indian Olympic Association. The Indian Olympic Association didn’t elaborate on the matter and requested privacy for Phogat. In a January 2023 letter, the group accused Singh of sexual harassment against several young female wrestlers. Indian wrestler Vinesh Phogat is detained by the police while attempting to march to India's new parliament in New Delhi on May 28, 2023.

Persons: Phogat, USA’s Sarah Hildebrandt, Yui Susaki, Ukraine’s Oksana Livach, Cuba’s Yusneylis Guzman Lopez, Brij Bhushan Sharan Singh, Singh, Singh “, ”, Vinesh Phogat, Arun Thakur, ” Phogat, Brij Bhushan, India’s, Narendra Modi, Modi hasn’t Organizations: Team India, Indian Olympic Association, Wrestling Federation of India, Tokyo, Getty, “, ”, Indian Express Locations: Wednesday’s, Japan, New Delhi, AFP, Phogat, “

☆ Bangladesh protesters expect interim government to be finalized on Wednesday
▼ + stars: | 2024-08-07 | by ( ) www.cnbc.com time to read: +2 min

Bangladesh's protest leaders said they expect members of an interim government, led by Nobel laureate Muhammad Yunus, to be finalized on Wednesday after Prime Minister Sheikh Hasina quit and fled to India following a violent crackdown on a student-led uprising. "It is critical that trust in government be restored quickly," Yunus, 84, told the Financial Times on Wednesday, saying he was not seeking an elected role or appointment beyond the interim period. His spokesperson said he is expected to return to Dhaka on Thursday after a medical procedure in Paris. "We need calm, we need a road map to new elections and we need to get to work to prepare for new leadership," Yunus told the newspaper. "In the coming days, I will talk with all of the relevant parties about how we can work together to rebuild Bangladesh and how they can help."

Persons: Muhammad Yunus, Charles de Gaulle, Sheikh Hasina, Nobel, Yunus, Hasina's Organizations: French, Financial Times, Bangladesh Bank Locations: Roissy, Paris, Bangladesh, India, Dhaka

India's biggest budget airline IndiGo has been trialing a booking feature that will allow women to avoid booking a seat next to men on flights. The feature, the first of its kind for an airline, works by showing female travelers a pink seat at the seat selection page if it will be occupied by a female passenger, a company representative told CNBC Travel. Travelers on IndiGo must identify their genders when they purchase tickets, which allows the airline to control access to these details, according to Indigo. However, IndiGo's website and mobile app did not show the feature when CNBC did a check. The new feature has received "positive individual reactions" on social media, IndiGo's CEO told CNBC's "Street Signs Asia" last week.

Persons: CNBC's, Pieter Elbers Organizations: IndiGo, CNBC Travel, CNBC

☆ Flirt or flight? How humans are scaring fish off finding a mate
▼ + stars: | 2024-08-07 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Scientists studying squaretail grouper have found that the increasing presence of fishermen in the water is changing their behavior from flirty to flighty. This coincides with a shift from hook and line fishing from boats to fishers spearfishing while in the water, she said. Humans have responded to this behavior by targeting these events in order to catch more fish, which have started to engage less in courting behavior out of fear. In many populations, these spawning events are the only time that groupers will mate, she added. Karkarey also wants to investigate whether these fearful fish are finding other ways to mate despite the behavioral changes researchers have observed.

Persons: Rucha Karkarey, spearfishing, “, ”, they’ve, Karkarey Organizations: CNN —, Lancaster University, CNN Locations: flighty, India’s Lakshadweep, Maldives

☆ Disney falls on concerns about its theme park business. Here's why we'd buy the stock
▼ + stars: | 2024-08-07 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

Shares of Disney fell Wednesday as concerns about attendance at its theme parks overshadowed streaming profits and better-than-expected headline results. The combined streaming business — encompassing Disney+, Hulu and ESPN+ — turned in its first-ever quarterly profit slightly ahead of schedule. Then, about two weeks ago, CNBC parent Comcast issued weak April-to-June results for its Universal theme parks business, which weighed on Disney's stock in that session . And, at this point, getting to profitability in the combined streaming business, which adds ESPN+ into the mix, was the biggest focus. "So, I do believe the parks business is in fundamentally good shape.

Persons: LSEG, —, Jim Cramer, Jim, we're, Hugh Johnston, Johnston, Disney, Bob Iger, Jim Cramer's, Walt, Gary Hershorn Organizations: Disney, Revenue, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Hulu, CNBC, PepsiCo, Wall Street, ABC Network, Geographic, Management, Magic, Walt Disney World, Corbis, Getty Locations: U.S, India, Orlando , Florida

☆ Disney beats estimates as combined streaming services turn a profit
▼ + stars: | 2024-08-07 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Disney's combined streaming business, which consists of Disney+, Hulu and ESPN+, turned a profit for the first time — and it happened a quarter earlier than the company had expected. Executives on Wednesday's earnings call touted the progress of Disney's streaming business toward profitability, a goal for all media companies as they look to chase customers switching to streaming. The combined streaming business posted an operating profit of $47 million compared with a loss of $512 million in the same quarter last year. Meanwhile, in May, Disney highlighted a slightly different metric, noting that Disney+ and Hulu together turned a profit, but when combined with ESPN+, the streaming businesses suffered a loss. "I feel very bullish about the future of this business," Iger said during the call.

Persons: Bob Iger, Hulu, Jaque Silva, Iger, We're, Hugh Johnston, Johnston Organizations: Disney, Hulu, ESPN, Getty, Total Hulu, Revenue, Netflix, Warner Bros . Discovery, Fox, Star India Locations: PARAGUAY, India

The crisis could also have implications for neighboring India, which is seen as having long supported Hasina and where she fled Monday. He did not say how long Hasina would be in India or what she planned to do next. Though the protests began over a controversial quota system for highly coveted government jobs, they soon morphed into broader calls for justice for those killed as well as Hasina’s resignation. On Monday, the State Department said the U.S. stands with the people of Bangladesh and urged all parties to refrain from further violence as an interim government is formed. “Too many lives have been lost over the course of the past several weeks, and we urge calm and restraint in the days ahead,” spokesperson Matthew Miller said at a news briefing in Washington.

Persons: Islam, Yunus, ” Yunus, Bangladesh’s, ”, Chietigj Bajpaee, Bangladesh doesn’t, Hasina, Subrahmanyam Jaishankar, Matthew Miller Organizations: NBC, Yunus Centre, South, Chatham House, State Department Locations: Dhaka, South Asia, London, Washington, Bangladesh, China, Beijing, India, United States, U.S

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