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A night-time video showing streaks of green light in the sky over Hawaii predates the August 2023 wildfires in the U.S. state by several months. The lights were filmed by Japan’s Subaru-Asahi Star Camera in January 2023 and emanate from a Chinese weather satellite launched in April 2022. The 2023 wildfires in Maui, killed over a 100, making it the deadliest wildfire in the U.S. in more than a century, Reuters reported (here). Green lights captured over the night sky in Hawaii in January 2023 predate the August 2023 wildfires. Read more about our work to fact-check social media posts (here).
Persons: Japan’s, DEWs, Read Organizations: Japan’s Subaru, Asahi, , Office, Reuters, Subaru, of Japan, YouTube, Asahi Shimbun Locations: Hawaii, U.S, Maui, Kea, NAOJ, Dqui
Maui County is seeking damages from HECO that may total tens or hundreds of millions of dollars, according to John Fiske, an attorney representing the county in the lawsuit. “Our primary focus in the wake of this unimaginable tragedy has been to do everything we can to support not just the people of Maui, but also Maui County. We are very disappointed that Maui County chose this litigious path while the investigation is still unfolding,” a spokesperson from Hawaiian Electric told CNN in a statement. Hawaiian Electric Company is a for-profit company that serves 95% of Hawaii’s customer base and trades on the New York Stock Exchange. This isn’t the first time a utility company has been blamed for its alleged role in a powerful wildfire in recent years.
Persons: “ inexcusably, John Fiske, , ” Jim Kelly, Fiske, , CNN’s Anna, Maja Rappard, Natasha Chen, Afshar Organizations: CNN, Hawaiian Electric Company, National Weather Service, Watch, Hawaiian Electric, New York Stock Exchange, Pacific Gas Locations: Maui County, HECO, Maui, Hawaiian, California, Lahaina, Kula, Olinda
Some analysts warn that rising yields could push up borrowing costs, causing the economic slowdown investors are now betting against. The key question is how much further bear steepening the market needs to see for "investors to become nervous," he added. In 2018, for instance, the curve shifted to a bear-steepening dynamic as the economy appeared to hold up well despite the Fed's tightening. Risks remain, however, warned Jonathan Cohn, head of US Rates Desk Strategy at Nomura Securities International, including the pain for companies refinancing debt at higher rates and China's weakening growth. BEARISH BETSSome investors are worried that Powell’s speech at the Fed's annual economic symposium in Jackson Hole, Wyoming, could trigger a short squeeze.
Persons: Jerome Powell's, Michael Harris, Gennadiy Goldberg, Alfonso Peccatiello, Peccatiello, Jonathan Cohn, Powell, Harris, Eoin Walsh, Jim Cahn, Cahn, Michael Edwards, Weiss, there'd, Edwards, Davide Barbuscia, Michelle Price, Megan Davies, Mark Porter Organizations: Treasury, Futures, Quest Partners, Securities USA, Fed, Nomura Securities International, Investors, TwentyFour Asset Management, Thomson Locations: U.S, New York, Jackson Hole , Wyoming, Carolina
The debate – hosted by Fox News, which has amplified many of Trump’s false claims he won the 2020 election – exemplified the impossible conundrum at the center of the GOP race. Trump, exploiting his unrelenting support among GOP primary voters, has pulled off the feat of wielding multiple indictments as a political shield. But Ken Cuccinelli, who is backing DeSantis despite serving in Trump’s administration, argued that the Florida governor had used Trump’s absence to make a valuable connection with Republican voters. So will Trump stick with his strategy of refusing to elevate his rivals by appearing with them on stage – for instance, at the next GOP debate at the Ronald Reagan library in California next month? “In the next debate, there’s not going to be any Atlanta surrender and counterprogramming,” Kall said.
Persons: Donald Trump’s, Chris Christie’s, Vivek Ramaswamy, Ron DeSantis didn’t, Trump, , Christie, Bret Baier, ” Christie, Trump’s, Biden, Carolina Sen, Tim Scott, Joe Biden, , Nikki Haley, Mike Pence, ” Pence, Ramaswamy, Rudolph Giuliani, Mafia, ” Trump, Tucker Carlson, Haley, Pence, Matt Gaetz, ” Gaetz, Ken Cuccinelli, ” Cuccinelli, Aaron Kall, DeSantis, ” Kall, Ronald Reagan, there’s, Organizations: CNN, GOP, Republican, White, Former New Jersey Gov, Florida Gov, Fox News, Trump, New, Trump . Former South Carolina Gov, , Republican Party, University of Michigan Locations: Atlanta, Wisconsin, Florida, Milwaukee, New Jersey, Carolina, Fulton County , Georgia, Georgia, Fulton, Iowa, New Hampshire, California
Some posts on social media in the wake of the fires on the Hawaiian island of Maui, however, suggested that the fact some trees had remained standing showed proof that the fires were somehow engineered or steered to intentionally burn homes and vehicles, leaving trees unscathed. Reuters photographs and satellite imagery of the Lahaina Banyan Court area produced by Maxar Technologies shows buildings, vehicles and trees damaged following the fires (shorturl.at/bpsTX), (here). Other trees were more heavily damaged, but remained standing, Reuters pictures show (here), (here). Regardless, the fact that some trees could remain standing or were less damaged than cars or buildings during a fire is not abnormal. Trees sometimes survive severe damage during fires due to factors including their water content and the ways a fire spreads.
Persons: Albert Simeoni, , Erica Fischer, Fischer, Christopher Baird, ” Baird, Katie Kamelamela, James Urban, Niamh Nic Daeid, Nic Daeid, Read Organizations: Reuters, Facebook, Maxar Technologies, Fire Protection Engineering Department, Worcester Polytechnic Institute, Department of Wood Science, Engineering, Oregon State University, , JB, University of Hawaii, West Texas, M University, Conservatory, Akaka Foundation, Tropical Forests, HOW, Fire Protection, Leverhulme Research, Forensic Science, University of Dundee Locations: Maui, Instagram, Lahaina Banyan, Oregon, Colorado, Manoa, Hawaii
The severity of Quebec’s fire season up to the end of July was also made 50% more intense by climate change, according to the report. French firefighters try to extinguish wildfires at Lac Larouche in Quebec, Canada, on June 28, 2023. It is by far the worst wildfire season Canada has ever experienced, and there are still more than two months left to go. They then used climate models to understand the role climate change played. Climate change also made the peak fire weather in Quebec during the same period at least twice as likely and 20% more intense, according to the report.
Persons: Friederike Otto, It’s, , Clair Barnes, Emma UIISC7, David Dee Delgado, , James MacDonald, Kira Hoffman, ” Hoffman, Michael Flannigan, Otto Organizations: CNN, WWA, Grantham Institute, Anadolu Agency, Getty, Canada, Bloomberg, University of British, Research, , Predictive Services, Emergency Management, Thompson Rivers University Locations: Canada, Quebec, Illinois, Canadian, Western Europe, Bronx, New York City, Northwest Territories, Yellowknife, British Columbia, Cameron, Port Alberni , British Columbia, University of British Columbia
Gold struggles for direction ahead of Fed's Jackson Hole meet
  + stars: | 2023-08-22 | by ( ) www.cnbc.com   time to read: +2 min
Bars of gold are seen at the Krastsvetmet company, one of the world's largest producers of precious metals in Moscow, Russia on January 31, 2023. Spot gold held its ground at $1,895.70 per ounce by 0520 GMT, hovering above a five-month low of $1,883.70 hit last week. Following a week of back-to-back losses, gold on Monday settled 0.3% higher to post its best day in more than two weeks. Any correction in the U.S. dollar from recent highs could immediately ignite a strong gold market rally, he said. For an outlook on interest rates, comments from Fed Chair Jerome Powell on Friday will be monitored at a meeting of central bankers at Jackson Hole, Wyoming.
Persons: Clifford Bennett, Jerome Powell, Bennett Organizations: U.S, Treasury, ACY Securities, Federal Reserve, Trust Locations: Moscow, Russia, Jackson, , Wyoming, U.S
REUTERS/Dan Riedlhuber/File Photo Acquire Licensing RightsLONDON, Aug 22 (Reuters) - The fires that tore through the Canadian province of Quebec between May and July were made at least twice as likely by climate change, scientists said on Tuesday. Climate change, driven by the burning of fossil fuels, also made the fires as much as 50% more intense, according to the analysis by World Weather Attribution group, a global team of scientists that examines the role played by climate change in extreme weather. "Climate change is greatly increasing the flammability of the fuel available for wildfires – this means that a single spark, regardless of its source, can rapidly turn into a blazing inferno," said Yan Boulanger, a research scientist at Natural Resources Canada. Scientists reviewed weather data, including temperature, windspeed, humidity, and precipitation, and used computer models to assess how climate change had altered fire weather this year, comparing it to preindustrial climate. The Quebec fires are just one sliver of what has been the country's worst wildfire season on record.
Persons: Dan Riedlhuber, Yan Boulanger, Philippe Gachon, Gloria Dickie, Devika Organizations: REUTERS, Natural Resources, University of Quebec, Canadian Interagency Forest Fire, Thomson Locations: Okanagan Lake, West Kelowna, British Columbia, Canada, Canadian, Quebec, Natural Resources Canada, Montreal, Yellowknife, Territories, London
Wailuku, Hawaii CNN —On a Hawaiian tourist brochure, fire and water are selling points for a volcanic paradise where lava flows and waterfalls mist. “There has been a great deal of water conflict on Maui for many years,” Hawaii Gov. “It’s disaster capitalism at its finest.”A rushing canal is seen on Hokuao Pelligrino's family farm in Wailuku on Maui on August 20, 2023. After watching Pellegrino and his Wailuku community litigate their streams back to life, locals around Lahaina followed suit. You restore the water and families are going back to their ancestral land.”Hokuao Pellegrino poses for a portrait on August 20, 2023.
Persons: Josh Green, Green, ” Hokuao Pellegrino, , , Evelio Contreras, Eha, Pellegrino, ’ ”, they’ll, Glenn Tremble, couldn’t, ” Pellegrino, Taro, Joe Biden’s Organizations: Hawaii CNN, , Maui Land Company, New York Times, CNN, West Maui Land Company Locations: Wailuku, Hawaii, Lahaina, Maui, ” Hawaii, Venice, Hawaiian Kingdom, West Maui, Maui County
SpaceX is adding changes to Starship's launchpad and rocket ahead of its next launch. SpaceX is now gearing up for a second launch, which CEO Musk has predicted could happen by end of August. Here are two crucial changes the firm has made to its Starship launch system, and why it hopes it'll keep the rocket from failing. Because of this change to the launch, SpaceX had to add a "vented interstage and heat shield" to protect the booster. The CEO is now vying for a second launch window by the end of August, he said in June.
Persons: Elon, Musk, it'll, SpaceX SpaceX's, didn't, Ashlee Vance, Vance Organizations: SpaceX, Service, Privacy, SpaceX's, SpaceX SpaceX, Federal Aviation Administration, Bloomberg, CNBC, The Texas Commission, Environmental, FAA Locations: Wall, Silicon, of Mexico, Boca Chica , Texas
For people on Maui and across the US, climate change is making the affordable housing crunch even worse. “This is why they have been building these affordable housing buildings. It is a safe place, but it doesn’t feel like home.”Affordable housing picture on Maui was already ‘pretty grim’For people on Maui and across the US, climate change is making the affordable housing crunch even worse. But not fires damaging buildings and taking lives.”“The affordable housing picture was pretty grim on Maui even before the fire,” he said. “There was more than one kitchen, more than one family living there.”These types of cobbled-together solutions to affordable housing are now gone, as are other recent hard-won affordable housing projects.
Persons: Josh Green, Hannah Harris, Tony Ellett, , Harris, , ” Harris, Ellett, Jae C, Shantal Catanach, Keanu, ” Catanach, she’s, Stan Franco, Franco, , Diane Yentel, ” Yentel, Yentel, Hurricane Sandy, Sandy, Peter Niess, Justin Sullivan Organizations: DC CNN, Urban Institute, UN, University of Hawaii’s Economic Research Organization, US Bureau of Labor Statistics, NOAA National Centers for Environmental, Joint Center for Housing Studies, Harvard University, Income Housing Coalition, Federal Deposit Insurance Corporation, Hurricane, Maui Architectural Locations: Washington, Maui, Lahaina, Catanach, Maui County, Hawaii, Corelogic, Maui –, Lahaina , Hawaii
After the fires began, White House chief of staff Jeff Zients immediately briefed the president on what became a rapidly evolving situation, according to White House officials. Within the administration, a White House official told CNN, there have been multiple staff calls each day focused on response and recovery. Criswell, who surveyed the damage last weekend, regularly briefed Biden and will be traveling with the president to Maui on Monday. FEMA has also provided more than $2.3 million in assistance, according to White House press secretary Karine Jean-Pierre. While focus remains on search and rescue and later, debris removal, Cabinet and senior administration officials also met at the White House with Homeland Security Adviser Elizabeth Sherwood-Randall this week to chart a path forward on other issues like housing and the making the state’s energy grid more resilient with the help of the Department of Energy, according to a senior White House official directly involved.
Persons: Joe Biden’s, Jeff Zients, , Biden, , I’ve, ” Biden, Biden’s, Donald Trump, they’ve, Deanne Criswell, ” Criswell, Karine Jean, Pierre, Elizabeth Sherwood, Randall, “ We’re Organizations: CNN, Hawaii, Federal Emergency Management Agency, White, White House, FEMA, Fire Management, US Coast Guard, Navy, Fleet, US Army, US Department of Defense, Small, Administration, Homeland, Department of Energy Locations: Houston, Hawaii, Maui, Milwaukee,
A Baidu search for the question "should China be more responsible for climate change? ", or variations of it, did not produce any articles critical of China's climate policy in the first few dozen results. Instead, the results, many from state media outlets, focused on China's leadership in the fight against climate change and calls for developed countries to take more responsibility. China's foreign ministry did not immediately respond to a request for comment on this story, but government spokespeople have long defended China's record on climate change and press freedom. Despite the extreme weather, China has reinforced its message about energy security rather than climate change in recent months, said CREA's lead analyst, Lauri Myllyvirta.
Persons: Doksuri, Tingshu Wang, Li Shuo, We're, Su, Fang Kecheng, Pan Zhongdang, Xi Jinping, Li, Lauri Myllyvirta, David Stanway, Barbara Lewis Organizations: REUTERS, Greenpeace, Weibo, Baidu, Chinese University of Hong, Communications, University of Wisconsin, Environmental Studies, New, Centre for Research, Energy, Clean, Thomson Locations: Zhuozhou, Hebei province, China, BEIJING, Beijing, Hebei, Chinese University of Hong Kong, United States, Madison, New York, Shanghai Campus, Shanghai
Virgin Galactic plans to launch its first space tourist flight. Watch it here:Who are Virgin Galactic's first space tourists? These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.
Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, VSS Unity, Virgin Galactic, Sky News, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, Galactic's, Galactic Locations: Wall, Silicon, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico
GM President Mark Reuss during the reveal of the all-electric 2025 Cadillac Escalade IQ on Aug. 9, 2023 in New York City. Michael Wayland / CNBCThe Escalade IQ is the first – and most important – traditional Cadillac model to be released as an EV. 'It's American luxury'The Escalade IQ features a much smoother, more aerodynamic exterior than the current Escalade, with overall styling more similar to Cadillac's current EVs than its gas- and diesel-powered siblings. Powerful, fast chargingThe Escalade IQ will feature up to 750 horsepower and 785 pound-feet of torque with a performance "Velocity Max" mode. The Escalade IQ features a host of standard safety and convenience features, including GM's Super Cruise hands-free highway driving system and an available 40-speaker KG audio system.
Persons: Cadillac Escalade, Mark Reuss, Michael Wayland, It's, Reuss, haven't, Michael Simcoe, Tyson Jominy, Escalade, Mandi Damman Organizations: Cadillac, Motors, Detroit, GM, EV, CNBC, GMC Hummer, Chevrolet Silverado, Cruise, Arlington Assembly, Chevrolet, GMC Locations: New York City, Detroit, Texas
Virgin Galactic plans to launch its first space tourist flight on Thursday. These are the first commercial passengers to fly aboard Virgin Galactic's first private commercial spaceflight, due to take off Thursday. Keisha Schahaff won her tickets through a raffle while on a Virgin flight from Antigua to London in 2021. "The whole team just swarmed into my house saying 'You're the winner, you're going to space,'" Schahaff told the BBC. This is Virgin Galactic's second commercial flight and the first to carry paying customers.
Persons: Richard Branson's Virgin, Sir Richard, Jon Goodwin, Keisha Schahaff, Virgin Galactic's, Virgin Galactic Goodwin, Goodwin, Schahaff, Anastatia Mayers, Beth Moses, Richard Branson, Elon Musk, OceanGate Organizations: Virgin, Service, New Mexico's, Sky News, Virgin Galactic, BBC, University of Aberdeen, Italian Air Force, National Research Council of Italy, VSS Unity, Galactic's, Galactic Locations: Wall, Silicon, New, America, Munich, nought, Antigua, London, Caribbean, Scotland, New Mexico
Sentiment rebounded in China as the blue chip CSI300 index (.CSI300) turned positive to be up 0.07% after initially losing 0.54%. Australian shares (.AXJO) were up 0.15%, while Japan's Nikkei stock index (.N225) rose 0.29% after early trading up by nearly 0.8%. ANZ predicts China's July consumer price index to come in at minus 0.4% year-on-year. "Weak inflation in China should be a global disinflationary force in goods markets going forward." Minor measures to help property markets have been delivered in the past fortnight, but no broad stimulus has been outlined.
Persons: Kim Kyung, Hoon SYDNEY, Hong, HSI, Mizuho, Brent, Scott Murdoch, Lincoln Organizations: Yen, REUTERS, Federal, Japan's Nikkei, Dow Jones, Nasdaq, Global, ANZ, Thomson Locations: Tokyo, Japan, China, United States, Asia, Pacific, U.S, Sydney
LAUNCESTON, Australia, Aug 8 (Reuters) - China's imports of major commodities lost momentum in July in a further sign that the world's second-biggest economy is struggling to boost flagging growth. While June's imports were the second-highest on record, the July outcome was the weakest since October last year on a barrels per day basis. In the first seven months of 2023, China's copper imports slid 10.7% to 3.04 million metric tons. Iron ore imports dropped to 93.48 million metric tons in July, down 2.1% from June's 95.52 million. For the first seven months of the year China's coal imports came in at 261 million metric tons, some 86% above the same period in 2022.
Persons: It's, Brent, China's, Lincoln Organizations: Administration of Customs, Brent, Reuters, Thomson Locations: LAUNCESTON, Australia, China
William Friedkin, the maverick film director who helped revolutionize 1970s Hollywood with the electrifying, era-defining classics "The French Connection" and "The Exorcist," died Monday, a representative from his office told the Associated Press. Friedkin won an Academy Award for directing "The French Connection," a white-knuckle 1971 crime thriller about a brash New York City narcotics detective played by Gene Hackman. Friedkin got his big break in 1971 with "The French Connection," a smash with audiences and critics alike. "The French Connection" catapulted Friedkin to the top ranks of American filmmakers, putting him in league with other New Hollywood rising stars like Martin Scorsese, Peter Bogdanovich and Francis Ford Coppola. Friedkin leaped from "The French Connection" to "The Exorcist," adapted from William Peter Blatty's novel of the same name.
Persons: William Friedkin, Sherry Lansing, Friedkin's, Friedkin, Gene Hackman, didn't, That's, Satan, Al Pacino, Sonny, Pauline Kael, Martin Scorsese, Peter Bogdanovich, Francis Ford Coppola, William Peter Blatty's, Linda Blair, Ellen Burstyn, Roger Ebert, Joe, , Kiefer Sutherland Organizations: Associated Press, Paramount Pictures, New, New York, NBC News, Venice Locations: Venice, Italy, New, New York City, L.A, Chicago, Manhattan, Hollywood, New York
CNN —Hundreds of protesters gathered in Lebanon on Friday to mark the third anniversary of a devastating explosion that ripped through a port in Beirut, demanding accountability from officials over a disaster that remains shrouded in mystery. The incident at the Port of Beirut in the country’s capital was one of the world’s largest non-nuclear explosions. Relatives hold the pictures of some of those killed in the August 2020 Beirut port blast during a march marking the three-year anniversary of the disaster. He also launched a nationwide three-day mourning period for those affected by the blast. Grain silos damaged in the 2020 Beirut port blast.
Persons: Emilie Madi, Najib Mikati, , Emmanuel Macron, Macron, Jean Yves Le Drian Organizations: CNN, Investigators, Reuters, United Nations, Reuters “ Public Locations: Lebanon, Beirut, Port, Cyprus, “ Lebanon, France
MLB roundup: Giants' J.D. Davis belts walk-off HR
  + stars: | 2023-07-30 | by ( ) www.reuters.com   time to read: +11 min
Rangers starter Martin Perez (8-4) gave up four runs on eight hits and three walks with a strikeout in 5 2/3 innings. Rockies starter Chris Flexen (0-5) had six walks, a hit batter and a run-scoring wild pitch in 3 2/3 innings. Toronto right-hander Alek Manoah struck out six and allowed one run, four hits and three walks in 4 1/3 innings. Starter Quinn Priester (2-1) allowed five runs and five hits in five-plus innings, with seven strikeouts and six walks. Patrick Corbin (7-11) allowed four runs on six hits and no walks while striking out two over 5 2/3 innings.
Persons: J.D, Davis, John Hefti, Camilo Doval, Justin Turner, Jansen, Sean Manaea, Ryan Walker, Tyler Rogers, Max Muncy, Joe Kelly, Emmet Sheehan, Evan Phillips, Luke Weaver, Elly De La Cruz, Yu Darvish, Seong Kim, Diego, Darvish, Luis Campuano, Gary Sanchez, Martin Perez, Ronald Acuna Jr, Acuna, Eddie Rosario, Julio Teheran, Bryce Elder, Brent Rooker, Zack Gelof, Seth Brown, Tyler Soderstrom, Ramon Laureano, Paul Blackburn, Chris Flexen, Hunter Brown, Yainer Diaz, Jose Abreu, Jose Altuve, Alex Bregman, Yordan Alvarez, Rene Pinto, Houston, Chas McCormick, Diaz, Jake Meyers, Taj Bradley, Alejandro Kirk, Santiago Espinal, Manoah, Taylor Ward, Ward, Reid Detmers, Riley Greene, Joey Wentz, Luis Arraez, Johnny Cueto, Mike Clevinger, Tim Anderson, Andrew Vaughn, Anderson, Logan Allen, Clevinger, Allen, Aaron Judge, Giancarlo Stanton, Kyle Higashioka, Isiah Kiner, Falefa, Clarke Schmidt, Tyler Wells, Bobby Witt Jr, Witt, Michael Massey's, Bailey Ober, Ian Happ, Yan Gomes, Louis, Jameson Taillon, Michael Fulmer, Mark Leiter Jr, Javier Assad, Daniel Palencia, Adam Wainwright, Endy Rodriguez, Liover Peguero, Alika Williams, Quinn Priester, David Bednar, Brandon Marsh, Jake Cave, Johan Rojas, Aaron Nola, Riley Adams, Max Scherzer, Dominic Smith, Joey Meneses, Stone Garrett, Patrick Corbin, Mark Vientos, Francisco Lindor, Tommy Pham, Francisco Alvarez, Carlos Carrasco, Dominic Canzone, Canzone, Scott McGough, Julio Rodriguez, Arizona's Kevin Ginkel, Tom Murphy, Corbin Carroll, Andres Munoz, Carroll Organizations: San Francisco Giants, Boston Red Sox, Oracle, Red Sox, Giants, Dodgers, Reds, Cincinnati, National League West, Padres, Rangers, Braves, Brewers, Atlanta, Milwaukee, Athletics, Rockies, Colorado, Oakland, Sunday, Astros, Rays, Houston, Tampa Bay, Blue Jays, Angels, Toronto, Los, Los Angeles ., Tigers, Marlins, Miami, Five Detroit, White Sox, Cleveland . Chicago, Chicago, Yankees, Orioles, Baltimore, Royals, Kansas City, Twins, Cubs, Cardinals, St, Pirates, Phillies, Pittsburgh, Philadelphia, Nationals, Mets, Washington, New, Texas Rangers, Diamondbacks, Mariners, Arizona, Seattle, Thomson Locations: San Francisco , California, USA, Angeles, Muncy, Texas, Milwaukee, Oakland, Denver, Los Angeles, Los Angeles . Toronto, Detroit, Miami, Chicago, New York, Kansas, Minnesota, Philadelphia, Phoenix, Arizona
Satya Nadella, chief executive officer of Microsoft Corp., during the company's Ignite Spotlight event in Seoul, South Korea, on Tuesday, Nov. 15, 2022. Microsoft is emphasizing to investors that graphics processing units are a critical raw material for its fast-growing cloud business. OpenAI relies on Microsoft's Azure cloud to perform the computations for ChatGPT and various AI models, as part of a complex partnership. Those efforts and the interest in ChatGPT have led Microsoft to seek more GPUs than it had expected. Microsoft has begun looking outside its own data centers to secure enough capacity, signing an agreement with Nvidia-backed CoreWeave, which rents out GPUs to third-party developers as a cloud service.
Persons: Satya Nadella, chatbot, Jensen Huang, ChatGPT, Amy Hood, Rowe's Dom Rizzo Organizations: Microsoft Corp, Microsoft, Nvidia, AMD Locations: Seoul, South Korea
For Yavuz and his counterparts, there's serious appeal in having another ad-supported app inside Meta's ad manager. Once Meta adds a check box to extend ads to Threads, ad buyers will check it. Facebook's ads, technology, and interfaces are much better than Twitter's," said Trevor Dudeck, CEO of ad agency Lemonade. "If it's just the same thing as Instagram, that's not going to be as enticing," said one executive at a major digital advertising agency. When Zuckerberg inevitably adds the Threads checkbox to Meta's ad platform, it'll be ominous for Twitter's flailing ad business.
Persons: Alex Kantrowitz, Kantrowitz, Meta hasn't, Mark Zuckerberg, Ahmet Yavuz, Yavuz, Carly London, Curly, it's, David Herrmann, Herrmann, They're, Carl Bivona, Trevor Dudeck, Josh Keller, Elon Musk's, that's, Zuckerberg, I've Organizations: Big Technology, Morning, Meta, ASY, Twitter, Instagram, Facebook, Google, it's Meta, Herrmann Digital, Union Square Media, Wall Street Locations: Meta
"We now believe that the Fed is on a prolonged 'hawkish hold,'" she said. "In our base case, their next move will likely be a cut but it will take until 2024 until we see it. That said, Powell will have no choice but to keep the threat of hikes alive, lest he encourage markets to prematurely price in cuts and re-ignite inflation expectations." "Indeed, throughout this coming extended pause, the risk to our base case will likely almost always be for one last hike to cement the disinflationary trend," she added. — Tanaya Macheel
Persons: Frances Donald, Powell Organizations: Fed, Manulife Investment Management
PERTH, July 26 (Reuters) - Canada's ability to come back and beat Ireland 2-1 on Wednesday could prove to be the pivotal moment for the Olympic champions in their Women's World Cup campaign, coach Bev Priestman said. "I said at the end, 'It can be the making of us,'" Priestman told a press conference. The character, the quality, the experience that came about in the second half, that's the type of performance that we need." "Listen, Sophie Schmidt, Christine Sinclair, I thought their quality when we really needed it, they just allowed us to keep the ball in building," Priestman said. A goal in this tournament would make Sinclair the first player to score at six World Cups.
Persons: Bev Priestman, Priestman, we've, it's, Katie McCabe, Megan Connolly, Adriana Leon, Christine Sinclair, Sophie Schmidt, Sinclair, gingerly, Lori Ewing, Christian Radnedge Organizations: PERTH, Ireland, Olympic, Nigeria, Canada, Australia, Thomson Locations: Canada, Perth, British, Melbourne
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