DIRS.INFO The most relevant business & tech news

☆ Olympic moment of the day: 3x3 basketball has its first classic final and a potential turning point
▼ + stars: | 2024-08-05 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

First, it was the women’s final between Germany and Spain coming down to the final seconds. And then on the final shot of the game, Gracia Alonso’s desperation shot at the buzzer clanged off the rim. Germany's Marie Reichert takes the ball to the hoop against Spain's Sandra Ygueravide in the women's 3x3 basketball gold medal game. In Olympic 3x3 basketball’s overtime, the first team to score two points wins. The Dutch fans lost their minds as the French crowd fell silent in shock.

Persons: Paris CNN —, bouche, Sonja Greinacher, Juana Camilion, Marie Reichert of, Gracia Alonso’s, Germany's Marie Reichert, Spain's Sandra Ygueravide, Matthew Stockman, Invalides, “ Allez, Les, ”, Johnny Hallyday, Worthy de Jong, Timothé, de Jong Organizations: Paris CNN, Games, Concorde, Notre Dame, Olympic, Dutch oranje – Locations: Paris, Tokyo, Germany, Spain, Marie Reichert of Germany, Spanish, France, The Netherlands, Luxor, Notre, Dutch oranje

☆ Bitcoin tumbles as risk assets plunge in global market rout
▼ + stars: | 2024-08-05 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Bitcoin dropped on Monday amid the global market meltdown. Crypto has not been spared the carnage as traders eye a growing risk of a US recession. The sell-off in crypto comes as risk assets plunge in a global market rout caused by worries over the state of the US economy. Some market observers have said that the historic market rout could prompt an emergency rate cut from the central bank in the next week. Japan's Nikkei 225 index dropped 12% early Monday in its worst single-day decline since 1987, and markets in South Korea and Europe also plunged.

Persons: Bitcoin, Crypto, —, Gracy Chen Organizations: Service, Federal Reserve, Fed, Japan's Nikkei, Bank of America Locations: South Korea, Europe

☆ I've visited 60 countries. Skip the crowds in Bali — visit this lesser-known gem in South Asia instead.
▼ + stars: | 2024-07-29 | by ( Kate Mcmahon | ) www.businessinsider.com time to read: +5 min

But although Sri Lanka is called India's teardrop, I think it's really its gem. AdvertisementIn my seven years of traveling to 60 countries — including most countries in Southeast Asia — I have rarely been anywhere as wild and diverse as Sri Lanka. There's a lot to do in Sri LankaElephants can be spotted in Sri Lanka. For history and culture buffs, Sri Lanka is also a must-visit countryGet to know the people of Sri Lanka — and their history. AdvertisementDuring my travels, I've also met some of the kindest, most hospitable people in Sri Lanka.

Persons: —, hasn't, Kate McMahon, Jack Lawes, chiles, I've Organizations: Service, Business, Sri Lanka —, . Locations: Sri Lanka, India, Southeast Asia, Bali, New York, Africa, Trincomalee, there's, Jack Lawes Sri Lanka, Ceylon, Kingdom of Kandy, British, . Historic

In 2023, Texas led the nation in solar installations on its power grid, surpassing California for its second consecutive year. Explosive power demand poses a challenge to the Biden administration's goal of converting the U.S. power grid to 100% clean electricity by 2035. Nextracker is a leading U.S. solar firm, building systems that allow panels to track to the position of the sun, improving the efficiency of solar power plants. Shugar pointed to the massive number of renewable projects in the U.S. seeking connection to the power grid. But as energy demand increases, the value of each additional hour should rise, eventually making longer duration batteries more cost effective, he said.

Persons: Brandon Bell, Andrés Gluski, Joseph Rand, We've, Kelley, Wells, Goldman Sachs, Biden, Ryan Sweezey, Wood Mackenzie, Richard Kinder, Kinder Morgan, Kinder, Amin Nasser, Nasser, Shugar, Lawrence, Lazard, Nextracker's Shugar, Lawrence Berkeley, Amol Phadke, Rand, Sweezey, Reid Ramdathsingh, Ramdathsingh, Fluence, John Zahurancik, Zahurancik, it's, Zahuranick Organizations: Getty, Renewables, Energy Information Administration, Department of Energy, Big Tech, Microsoft, AES Corporation, Google, AES, Meta, UBS, Solar, Lawrence Berkeley National Laboratory, U.S, Tech, North America, DOE, CNBC, University of California Berkeley's Goldman School of Public, Goldman School, Lawrence, Rystad Energy, Siemens Locations: Ector County , Texas, Texas, California, United States, U.S, Wells Fargo, Saudi, Houston, Lawrence Berkeley, Fluence's Americas

☆ One man’s artistic wonderland, created secretly in rented apartment, given protected status
▼ + stars: | 2024-04-07 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +7 min

Gittins surrounded the fireplace in this room with a large minotaur head, above which he painted portraits of Greek philosophers. Together they established the Wirral Arts and Culture Community Land Trust (WACCLT), which launched a crowdfunding campaign through the website Ron’s Place, applied for listed status and eventually bought the building last year. Now, the property has been granted “Grade II” listing by Britain’s Department for Culture, Media and Sport on the advice of national heritage body Historic England. Ron’s Place is the first example of Outsider Art to be given protected status in England, according to Historic England. There is little to hint at what lies behind the front door of this red-brick house in Birkenhead, England.

Persons: Ron Gittins, Gittins, Jan Williams, “, ”, Williams, Chris Teasdale, Ron, ” Williams, ‘, I’ve, Tate, Jarvis Cocker, Cocker Organizations: London CNN, Historic, CNN, Wirral Arts, Culture, Land Trust, “, Britain’s Department for Culture, Media, Sport, England Locations: British, Birkenhead, Liverpool, England, Egypt, Georgian England, Historic England, Jan Williams . Historic England, Ron’s, Birkenhead , England

☆ A 32-year market vet warns the S&P 500 is set to fall 50%-70% in the years ahead with valuations at historic highs — and says that an imminently weakening labor market will be the catalyst for the cra
▼ + stars: | 2024-03-30 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

According to Bank of America, valuation levels explain 80% of the market's return over a 10-year period. Bank of AmericaThere are many ways to measure valuation levels in the overall market. Hussman says it's the most accurate indicator of future market returns that he's found. AdvertisementThe Conference BoardThird, the number of US states with a rising unemployment rate is spiking, meaning that the overall unemployment rate should see further upside. BullAndBearProfits.comThe US unemployment rate is already on a slight uptrend, having climbed from 3.4% in April 2023 to 3.9% as of February.

Persons: —, Jon Wolfenbarger, Merrill Lynch, John Hussman's, he's, Warren Buffett, Wolfenbarger, Stocks, Woflenbarger, Cam Harvey, Claudia Sahm, Louis Fed, Jeremy Grantham, John Hussman, David Rosenberg, Goldman Sachs, David Kostin, America's Savita Subramanian, Ian Shepherdson, Shepherdson Organizations: Service, Bank of America, Business, JPMorgan, National Federation of Independent Business, Board, Treasury, Bank, America's

☆ There's been a rebound in volatile shipping stocks. The market opportunity isn't over, report says
▼ + stars: | 2024-03-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

During 2022-2023, ocean carriers used some of those reserves for their own buying sprees to expand their footprints. While adding to the ocean carrier bunker fuel costs, they are being compensated.. "The Red Sea diversions are a good thing for ocean carriers. The big question mark is the duration of the diversions and the surcharges the ocean carriers can charge. Those two regions have steadily taken market share away from the West Coast ports, with shippers also benefitting from investments in ports infrastructure. "The West Coast ports have strengthened infrastructure," Iampieri said.

Persons: Marc Iampieri, Cash, Iampieri, Jeff Bezos, It's, Paul Brashier, Brashier, AlixPartners Organizations: Bloomberg, Getty, Dow Jones Transportation, Fortune, Convoy, Amazon, Technology, Ocean, Maersk, CNBC, ITS Logistics Locations: Panama, Red, East Coast, AlixPartners, Flexport, Europe, North America, Asia, West Coast, East, Gulf, Mexico, West, Los Angeles, Long

Elena Perova | Istock | Getty ImagesJust ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on food and other staples were falling instead of rising. But the retail giant backpedaled this week, saying higher prices on many grocery items and household staples like paper goods have stuck. Food prices climbed 2.6%, fueled by a 5.1% jump in prices for food away from home, a category that includes restaurant meals and vending machine purchases. That gives their makers the ability to keep raising prices to mitigate higher costs, even as their volume drops. Even some of the biggest U.S. brands have signaled that consumers' tolerance of higher prices has worn thin.

Persons: Elena Perova, John David Rainey, Coke, James Quincey, Gregory Daco, airfares, Tyson, Fernando Fernandez, Arun Sundaram, Kraft Heinz, Chocolate, Hershey, Edward Jones, Brittany Quatrochi, Sundaram, Pringles, Kellanova, Heinz, Stefani Reynolds, Brad Thomas, CFRA's Sundaram, Thomas, Frederic J, Brown, Oscar Mayer, Greg Melich Organizations: Istock, Walmart, CNBC, Federal, Depot, Pew Research Center, Maine Foods, Unilever, Nestle, Bloomberg, Getty, Planters, Target, Kroger, AFP, U.S, PepsiCo, Frito, Evercore ISI Locations: Hershey , Pennsylvania, North America, Washington ,, Rosemead , California

☆ 3 surprises from Nvidia earnings help justify a one-day $250 billion boost to its market value
▼ + stars: | 2024-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

If that return isn't there, will they keep ordering the latest and greatest Nvidia chips? Despite the overall improvements in availability, Nvidia on Wednesday indicated it will face supply-and-demand imbalances with its upcoming AI chips. The U.S. government has said its export controls are designed to keep high-powered AI chips out of the hands of the Chinese military. In the November-through-January quarter, China accounted for a mid-single-digit percentage of Nvidia's $18.4 billion in data center revenue, according to the company. The fact Nvidia still booked China revenue in the hundreds of millions of dollars means it could take a further hit in the region.

Persons: —, Jensen Huang, Raymond James, Nvidia's, Colette Kress, Huang, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Meta, Apple, Microsoft, Melius Research, Devices, Big Tech, Wall, U.S, Truist Securities, CNBC, Visitors, NVIDIA, Hangzhou Apsara, Getty, Nurphoto Locations: China, Hangzhou, Hangzhou Apsara Conference, Zhejiang province

☆ Why a rare ‘golden’ tiger photographed in India is worrying conservationists
▼ + stars: | 2024-02-15 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

But golden tigers — also known as golden tabby tigers or strawberry tigers — are not a subspecies: they’re the result of a genetic mutation that changes the color of their fur. Ramnarayanan spotted the golden tiger, which came within 100 meters of the group, while guiding a safari in the wildlife reserve. The big cat is one of four "golden" tigers in Kaziranga, according to the park's official social media. If Kaziranga’s tiger population becomes more isolated, issues like inbreeding will threaten the population, said Sharma in his post on X. For photographer Ramnarayanan, Kaziranga’s golden tiger was his first sighting of these unusually colored big cats.

Persons: Gaurav Ramnarayanan, Ramnarayanan, “ I’ve, —, Uma Ramakrishnan, There’s, ”, that’s, Gaurav, Mayuresh Hendre, Rabindra Sharma, Sharma, Kota Ullas Organizations: CNN, UNESCO, Heritage, National Center for Biological Sciences, Centre for Wildlife Studies Locations: India’s, Assam, Kaziranga, Mumbai, ”, India

☆ The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad
▼ + stars: | 2024-02-06 | by ( Mj Lee | ) edition.cnn.com time to read: +6 min

That has prompted President Joe Biden to repeatedly ask his advisers: Why then are so many Americans still not feeling great about the economy? While inflation has eased in recent months, prices on most goods are still higher than they were in the spring of 2021. Still, Biden’s economic advisers are increasingly telling the president in private that they feel optimistic about the direction things are headed. Historic-high prices that plagued the first few years of the Biden administration continue to moderate, all while economic growth is outpacing expectations. If those trend lines continue, they have cautiously told Biden, consumer sentiment, too, should begin to course-correct.

Persons: Joe Biden, Inflation, Biden, ‘ Sir, we’ll, “, ”, SSRS, Donald Trump, –, ” Biden, – we’re, – Sen, Bob Casey of, greedflation Organizations: Washington CNN, CNN, White, University of Michigan, Conference Board, New York Times, UBS Global Wealth Management Locations: Columbia , South Carolina, America, Bob Casey of Pennsylvania, Las Vegas, American

☆ Algorithms, bias and hallucinations: 20 important AI terms investors should know
▼ + stars: | 2024-02-04 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +25 min

Generative AI Neural networks are the heart of the increasingly popular type of AI known as generative artificial intelligence , or gen AI for short. Both traditional AI and gen AI systems rely on data and can be used to automate decision-making tasks. Microsoft's AI virtual assistant Copilot — which went live in November — is perhaps the most prominent generative AI feature among our portfolio companies. Bias Bias is another downside to AI systems — and LLMs in particular — that users need to consider. While GPUs have the upper hand in AI training, CPUs are understood to perform AI inference well.

Persons: OpenAI's, —, We've, that's, Chirag Shah, Shah, Mark Riedl, Bruce Springsteen, Einstein, Copilot —, Springsteen, OpenAI, it's, Riedl, Harry Potter, I've, ChatGPT, University of Washington's Shah, there's, he'd, Georgia Tech's Riedl, LLMs that's, Georgia Tech's, Meta, Grace Hopper Superchip, Jim Cramer's, Jim Cramer, Jim Organizations: Broadcom, Microsoft, Meta, Nvidia, Apple, Chirag, University of Washington, Google, Georgia Tech's School of Interactive Computing, YouTube, Netflix, Amazon, Facebook, Reuters, U.S, University of Washington's, OpenAI, New York Times, Club, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, Barcelona, U.S, WhatsApp, Istanbul, Georgia

☆ Baby boomers did one big thing we should all be grateful for
▼ + stars: | 2024-01-02 | by ( Andy Kiersz | ) www.businessinsider.com time to read: +11 min

The boomers had it great, the argument goes, but then they went and screwed it all up. For one thing, baby boomers didn't have it easy: The America they grew up in was poorer, less educated, less healthy, and more unfair than the society we live in today. To better understand how individuals and families are experiencing the economy, it's important to look at wages, income, and wealth. Boomers have consistently passed laws to make building housing harder, leaving the country with a structural housing deficit. Beyond the economy, the boomers have handed off other deep problems that the younger generations will have to solve.

Persons: Gen Zers, Zers, millennials, Norman Rockwell, —, they've, we're, it's, Zer, Andy Kiersz Organizations: Black, Boomers, Business Locations: America

☆ Trump is picking a dumb fight that could cost him dearly
▼ + stars: | 2023-12-02 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Because once again, we are talking about repealing Obamacare. AdvertisementAs a result, Trump has handed President Joe Biden a potent gift at a critical time. Despite over a decade of promises of "repealing and replacing" Obamacare, Republicans have never agreed on how to replace the law. AdvertisementIn reigniting the repeal debate, Trump has also opened up the playbook for the Biden White House. Unlike typical Republicans, Trump professes an aversion to cutting Social Security and Medicare (even if the actual reality isn't the same.)

Persons: Donald Trump, Biden, —, Trump, Joe Biden, it's, Jody, Ron DeSantis, Kim Reynolds hasn't, Obamacare, Trump's Organizations: Obamacare, Service, Wall, Hamas, NBC, Republicans, Florida Gov, Iowa Gov, GOP, Politico, Biden White House, Social Security, Medicare, White Locations: Nevada, Florida

☆ 'We're not here to talk about fights': Drama in Congress is starting to spill over
▼ + stars: | 2023-11-24 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Mike Rogers is restrained by Richard Hudson after getting into an argument with Matt Gaetz as House Republican Leader Kevin McCarthy walks away. AdvertisementWhat happened: Greene called Boebert a "little bitch" on the House floor, according to The Daily Beast. When asked about it, Boebert told CNN, "I'm not in middle school." After his vote, Burchett told CNN that McCarthy had mocked his faith when he told then-speaker that he was praying over his decision. The aftermath: McCarthy told CNN that he did not purposefully run into Burchett.

Persons: —, Rock, Bill, John Boehner, Don Young, Donald Trump's, Joanne Freeman, Matt Gatez, flexes, Win McNamee, Mike Rogers lunges, Matt Gaetz, Kevin McCarthy, Mike Rogers, Richard Hudson, Anna Moneymaker, McCarthy, Rogers, Gatez, Marjorie Taylor Greene, Lauren Boebert, Greene, Boebert, Joe Biden, Semafor, I'm, Georgia Lauren Boebert, Jabin, Tim Burchett, Sen, Markwayne Mullin, Mullin, Sean M, O'Brien, Elon Musk, Sean O’Brien, Bernie Sanders, ”, Sanders, banged, Burchett, McCarthy elbowed, — Claudia Grisales, NPR's Claudia Grisales, Grisales, Kevin ?, Kevin Organizations: Service, Capitol, Lawmakers, Yale, Politico, Florida Republican, GOP, Republican, House Armed Services, Rep, North Carolina Republican, Georgia Republican, Colorado Republican, Daily, CNN, Washington, Getty, Tennessee Republican, Caucus, Teamsters, Oklahoma Republican, MMA, United, Republicans Locations: Alaska, Florida, Alabama, Georgia, Colorado, Tennessee, Boebert, Oklahoma, United States, Burchett

☆ Eagle-eyed buyer made over $120,000 after discovering old Range Rover probably belonged to Queen Elizabeth II
▼ + stars: | 2023-11-18 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

A Range Rover was sold for $165,000 after evidence emerged that it probably belonged to Queen Elizabeth II. AdvertisementA 2004 Range Rover with suspected ties to Her Majesty Queen Elizabeth II has shattered auction records, selling for $165,000. The auction's outcome was more than double the pre-sale estimate of £60,000, or $75,000 — 10 times the usual price for a second-hand Range Rover that old. AdvertisementBefore the video's discovery, the only original ownership information was a letter from Jaguar Land Rover, which builds the Ranger Rover, identifying warranty recalls in July 2004 at a Land Rover dealer in London's high-end Mayfair district and one in Aberdeen, Scotland. Prince Philip, Duke of Edinburgh, spent 16 years designing his own hearse: a modified Land Rover.

Persons: Queen Elizabeth II, Historics Auctioneers, —, HRH Prince Phillip, The Duke, Edinburgh, Tim Graham, Historics, Historics Auctioneers Rob Hubbard, Duke, Prince Philip , Duke of Edinburgh Organizations: Service, Rover, Jaguar, Land Rover, Scottish Highlands, Windsor Horse, Royal Windsor Horse, Getty, Vehicle, Epsom, Rovers Locations: Birmingham, Mayfair, Aberdeen, Scotland, Balmoral, Scottish, Windsor , England, Epsom Green, Windsor

“Clearly, the story of limited inventory and rising and rising mortgage rates continues to hinder the home sales market,” said Lawrence Yun, the NAR’s chief economist. Political Cartoons View All 1211 ImagesYun also said he expects mortgage rates will ease by next spring. Mortgage rates have been climbing along with the 10-year Treasury yield, which lenders use as a guide to pricing loans. That amounts to just a 3.4-month supply, going by the current sales pace. The combination of higher mortgage rates and rising prices has particularly hurt first-time homebuyers who don't have any home equity to put toward their down payment.

Persons: That’s, “, ”, Lawrence Yun, Yun, Freddie Mac Organizations: ANGELES, National Association of Realtors, Sales, Treasury, U.S, Homes, NAR Locations: U.S

☆ Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023's biggest IPO, and why you should invest with caution.
▼ + stars: | 2023-09-14 | by ( Mark Reeth | ) www.businessinsider.com time to read: +9 min

Arm Holdings, the British semiconductor and software maker, is set to go public on Thursday in the biggest initial public offering of 2023. This isn't the first time Arm shares have been available to the public. In its F-1 filing to go public, Arm said its CPUs "run the vast majority of the world's software." That would make Arm stock impressively expensive compared to peers in the tech sector. That said, while Arm shares are looking expensive today, if the company lives up to its high expectations, then the price begins to look more reasonable.

Persons: SoftBank, Arm, it's, Seth Farbman, ARM's, Farbman, Matt Bryson, he's, Bryson, Peter C, Earle, We've, It's Organizations: Arm Holdings, Bank of America, SoftBank, Taiwan Semiconductor Manufacturing, Nvidia, ARM, Apple, Google, AMD, Samsung, VStock, Intel, Wedbush Securities, American Institute for Economic Research, IPOs, China Arm's Locations: China

☆ Morocco earthquake: What we know so far
▼ + stars: | 2023-09-09 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —More than 1000 people have died after a powerful earthquake struck the North African country of Morocco on Friday night. When and where did the quake hit? The earthquake struck at around 11:11 p.m. local time. The earthquake is Morocco’s deadliest since 1960 when a quake killed more than 12,000 people. Many world leaders have expressed their commiserations, as well as offered support to Morocco.

Persons: Al Haouz, Fadel Senna, Mohammed, ”, Balhaki, Joe Biden, Emmanuel Macron, Narendra Modi, Volodymyr Zelensky, Vladimir Putin Organizations: CNN, Earthquakes, Geological Survey, WHO, Getty, Reuters, United Nations, Indian Locations: Morocco, Marrakech, Here’s, Casablanca, Al, Moroccan, Taroudant, AFP, Ouirgane, Turkey, Algeria

☆ Biden says climate crisis is undeniable after Hurricane Idalia damage
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Aug 30 (Reuters) - U.S. President Joe Biden on Wednesday said no one could deny that the world is facing a climate crisis, after Hurricane Idalia plowed through the Big Bend region of Florida and forced millions of residents to evacuate. "I don't think anybody can deny the impact of the climate crisis anymore," Biden told reporters at the White House. Some Republican lawmakers, including Florida Governor Ron DeSantis, who is running to win the Republican presidential nomination, continue to oppose a slew of measures aimed at curbing emissions. Republican presidential candidate Vivek Ramaswamy called "the climate agenda" a "hoax" during last week's GOP debate. On Tuesday, she told reporters that extreme storms were part of a "new normal" that Americans are facing, adding that investments in resilience and mitigation were critical to prepare for future storms.

Persons: Joe Biden, Idalia, Biden, ” Biden, Ron DeSantis, Hurricane Idalia, Leah Millis, Vivek Ramaswamy, Deanne Criswell, Jeff Mason, Andrea Shalal, Trevor Hunnicutt, Andy Sullivan Organizations: White, Republican, Hurricane, REUTERS, GOP, Federal Emergency Management, Thomson Locations: Bend, Florida, Maui, Hawaii, Washington , U.S

A new accounting shows that at least 523 institutions were part of the sprawling network of boarding schools for Native American children. ‘War Against the Children’ The Native American boarding school system — a decades-long effort to assimilate Indigenous people before they ever reached adulthood — robbed children of their culture, family bonds and sometimes their lives. “The government was not done with war, so the next phase involved war against the children,” said Mr. Sherman, 83, a former aerospace engineer. Now 76, his voice grows shaky when he recounts the punishments children received — and how children were turned into punishers. Library of Congress, Chronicling AmericaA precise accounting of how many children died at Native American boarding schools remains elusive.

☆ Russia strikes Ukraine's Danube port, driving up global grain prices
▼ + stars: | 2023-08-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +7 min

Kubrakov, writing on Facebook, said the Danube ports' infrastructure had been "devastated". "Ukrainian grain is indispensable for the world and cannot be replaced by any other country in the coming years," he wrote. "The port of Izmail suffered the most damage, including the terminal and infrastructure of the Danube Shipping Company." Russian state news agency RIA said the port and grain infrastructure hit was housing foreign mercenaries and military hardware. Seaport authority head Yuriy Lytvyn said on Facebook that repair work had already begun and the port infrastructure continued to operate.

Persons: Oleksandr Kubrakov, Volodymyr Zelenskiy, RIA, Oleh Kiper, Yuriy Lytvyn, Nina, PUTIN, Vladimir Putin, Tayyip Erdogan, West, Putin, Erdogan, Ukraine Bridget Brink, Russia's, Farhan Haq, Pavel Polityuk, Peter Graff, Hugh Lawson, Daniel Wallis, Michelle Nichols, Simon Cameron, Moore, Philippa Fletcher, Giles Elgood, Cynthia Osterman Organizations: NATO, Romania Kyiv, Ukraine's, Russia reimposed, Facebook, Danube Shipping Company, Reuters, REUTERS, United Nations, Kremlin, International, Court, TASS, U.S, Rih, Thomson Locations: Romania, Russia, Ukraine, Izmail, Africa, China, Israel, Moscow, NATO, Russian, Odesa, Turkey, Soviet, Tehran, Kerch, Crimea, Ports, Kharkiv, Kyiv, Kherson, Constanta

☆ 2023 Women’s World Cup: Four ways the tournament is breaking new ground
▼ + stars: | 2023-07-19 | by ( Ben Church | ) edition.cnn.com time to read: +8 min

Co-hostsThis year will be the first time the Women’s World Cup will be hosted by two federations, New Zealand and Australia. But this year’s event will mirror the format used in the men’s World Cup for the first time. New Zealand's Eden Park will host the opening game of the Women's World Cup. “The future is women – and thanks to the fans for supporting what will be the greatest FIFA Women’s World Cup ever,” FIFA president Gianni Infantino told reporters last month. Zambia is one of the teams making its debut at the Women's World Cup this year.

Persons: Eden, don’t, Brett Phibbs, “, –, Gianni Infantino, Lionesses, Michael Bradley, Melchie Dumornay, Nicolas Delepine, there’s, ” Infantino, ”, David Aganzo Organizations: CNN, Sydney’s, United States Women’s National, Reuters, FIFA, Republic of Ireland, Spain, Africa, Nations, Qatar, Getty, Olympique Lyonnais –, ” Locations: Australia, New Zealand, Sydney, Melbourne, Brisbane, Adelaide, Perth, Zealand, Auckland, Hamilton, Wellington, Dunedin, Norway, China, Eden, Canada, Republic of, Haiti, Republic of Ireland, Morocco, Panama, Philippines, Portugal, Vietnam, Zambia, Japan, Costa Rica, Moroccan, South Africa, Europe, ” Haiti, Thailand, –

☆ Marjorie Taylor Greene has reportedly been booted from the House Freedom Caucus after calling Lauren Boebert a 'bitch'
▼ + stars: | 2023-07-06 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Rep. Marjorie Taylor Greene has reportedly been kicked out of the House Freedom Caucus. The vote came shortly after Greene called fellow GOP Rep. Lauren Boebert a "bitch" on the House floor. Historically, the Freedom Caucus has clashed with GOP leaders, most notably former Speaker John Boehner. For her part, Boebert told The Daily Beast that she defended Greene's comments on free speech grounds. A spokesperson for the Freedom Caucus did not immediately respond to a request for comment.

Persons: Marjorie Taylor Greene, Greene, Lauren Boebert, —, Andy Harris, Harris, Boebert, Kevin McCarthy, John Boehner, Joe Biden, Semafor, Greene's, Justin Amash, Donald Trump, Amash Organizations: Politico, CNN, GOP, Service, Republican, Caucus, Maryland Republican, Georgia Republican, Conservatives, Daily, Colorado Republican, Freedom Caucus Locations: Michigan

☆ Google is up 35% and its search still dominates — here's why shares remain cheap
▼ + stars: | 2023-07-05 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

New numbers show that Google Search's market share is holding up in the face of Microsoft's AI-enabled Bing incursion. They also said Google's share actually increased half of a percentage point, or 50 basis points, since late last year. The analysts also went a step further noting that the stock screens even more attractive when considering the its historic premium versus the market multiple. Multiple contraction since the launch of ChatGPT by Microsoft-backed OpenAI makes sense when you consider that any loss of Google Search market share would materially impact the company's largest revenue stream and make future growth harder to come by. Bottom line We're encouraged by the resiliency of Google Search, but any upward move based on multiple expansion will take time.

Persons: Piper Sandler, GOOGL, Price, —, Bing, It's, Jim Cramer's, Jim Cramer, Jim, Jonathan Raa Organizations: Google, Apple, Microsoft, Piper, Google Network, CNBC, Nurphoto, Getty

Search resuls for: ". Historic"

25 mentions found