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As hosts of the next World Cup, the U.S. automatically qualifies for the tournament. In the 2022 World Cup, the U.S. was knocked out by the Netherlands in the round of 16. Asked by host Roger Bennett on the “Men in Blazers” podcast what success means for the U.S. in the upcoming World Cup, Pochettino was unequivocal. “We win the World Cup,” Pochettino responded. “I think we need to dream that we are going to win the World Cup.

Persons: Mauricio Pochettino, who’s, ”, Matt Crocker, ” Crocker, Pochettino, Germain, Christian Pulisic, “, Gregg Berhalter, Harry Kane, Dele Alli, Pochettino’s, haven’t, ” Pochettino, Berhalter, Berhalter’s, Paris Saint, Kylian, Lionel Messi, ’, Todd Boehly, They’ve, Messi, Roger Bennett Organizations: Argentine, Soccer Sporting, Copa America, Chelsea, Paris Saint, Tottenham, Milan, Christian, U.S, English Premier League, Tottenham Hotspur, Tottenham vacillated, UEFA Champions League, Spurs, English League, Champions League, Liverpool, Premier League, Manchester City, men’s, “, Pochettino’s Spurs, Borussia Dortmund, League, Arsenal, PSG, Real Madrid, MLS, Columbus Crew, South, Blazers Locations: U.S, Paris, Manhattan, Argentine, Uruguay, Netherlands, City, Liverpool, American, France, South American

☆ Russia expels six U.K. diplomats as tensions rise over Ukraine missiles
▼ + stars: | 2024-09-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +6 min

Russia announced the expulsions hours before British Prime Minister Keir Starmer met U.S. President Joe Biden at the White House, a crucial step towards winning the go-ahead for Kyiv to use long-range missiles against targets in Russia. Neither Biden nor Starmer addressed long-range missiles in brief comments in front of reporters. Sources say the meeting is another step in talks to allow Ukraine to use Western long-range missiles against targets in Russia, something Ukrainian President Volodymyr Zelenskyy has been demanding for months. The six UK diplomats were named on Russian state TV, which also showed photographs of them. The FSB said Russia would ask other British diplomats to go home early if they were found to be engaged in similar activity.

Persons: Keir Starmer, Joe Biden, “, ” Biden, Starmer, Biden, ” Starmer, Vladimir Putin, Putin, ”, Volodymyr Zelenskyy, John Kirby, Kirby, Maria Zakharova, ” Zakharova Organizations: British, White, Ukraine, FSB, Soviet KGB, Russian Federation, Federal Security Service, Ministry of Foreign Affairs of Russia, British Embassy, British Foreign, Biden, United Nations General Assembly, House, The New York Times, Russian Foreign Ministry Locations: Moscow, Ukraine, Britain, Russia, Kyiv, United States, Russian, Western, Washington, London, Iran, Soviet, British, Eastern Europe, Central Asia, Europe, Vienna

☆ The US Army put on a sudden show of force out on the far edge of Alaska to send the message it can as Russia and China drill in the Pacific
▼ + stars: | 2024-09-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewThe US Army rapidly deployed weapons and soldiers out to the far tip of Alaska in a sudden show of force. Advertisement11th Airborne Division soldiers orient a Q-53 Radar on Shemya Island on September 13, 2024. Related storiesThe Alaska Air National Guard and the Air Force transported the various weapons and assets. 1st Multi-Domain Task Force soldiers set up communication systems for the M142 High Mobility Artillery Rocket System on Shemya Island on September 12, 2024. Advertisement11th Airborne Division soldiers previously told BI that the difficulties of fighting in the unforgiving Arctic prompt them to adapt and innovate in real time.

Persons: —, Joseph Hilbert, Hilbert, we've, Brandon Vasquez, Brandon Vasquez Hilbert, that's, Charles A, Flynn, Hunter, Vladimir Putin Organizations: Service, US Army, Business, 11th Airborne Division, US Army Pacific, Airborne Division, US, Spc, High Mobility Artillery, Lewis, McChord, Alaska Air National Guard, Air Force, Domain, Force, Artillery, U.S, Army, . Air Force, Hunter, Airborne, Pacific, US Army Pacific's, Pacific Multinational Readiness, Joint Base Elmendorf Locations: Alaska, North, Russia, China, Pacific, Washington, Hawaii, Ukraine, It's, Alaska's, Northern, Shemya, . Alaska, Richardson , Alaska, Europe, Asia, Beijing, Moscow

☆ USS White River: How the US Navy transformed a landing vessel into a legendary rocket artillery ship
▼ + stars: | 2024-09-14 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +14 min

Rather than building an entirely new vessel, it was decided to modify medium-sized landing ships (classified as LSMs for 'Landing Ship Medium'). Officially renamed USS White River in 1955, the ship was decommissioned again in 1956. A day after that, White River fired on a nearby VC anti-aircraft site, destroying it and killing or wounding 11 guerillas. Winstead/National ArchivesFuture shore bombardment and LSMsDespite its value and firepower, by 1970, White River was showing its age. Now known as the Medium Landing Ship program, the Navy hopes to acquire 18 to 35 of the vessels.

Persons: —, White, Cmdr, Roy E, McCoy, Chris Page, we'd, R.E, Winstead, USS Zumwalt, hasn't, they're, Benjamin Brimelow Organizations: Service, US Defense Department, Business, Navy, US Navy, USS, National Archives ', Archives, Atlantic Reserve Fleet, Pacific Fleet, Pacific Reserve Fleet, South Vietnamese Army, Archives Future, Naval, AGS, Marine Corps, Operations, Corps, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Ukraine, White, beachheads, Pacific, Africa, Europe, Plaines, California, Japan, LSMR, Ch'o, Korean, San Diego, Vietnam, South, Ngãi Province, South Vietnam, Cambodian, Gulf, Thailand, Delta, Viet, Quảng Ngãi, Phuoc Tuy Province, Missouri, West

☆ Biden admin says RT and Russian state media are waging covert information warfare around the world
▼ + stars: | 2024-09-13 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +5 min

“RT wants its new covert intelligence capabilities, like its longstanding propaganda and disinformation efforts, to remain hidden,” Secretary of State Antony Blinken told reporters. On Friday, State Department officials sought to highlight Russia’s information operations around the world. Through proxy media outlets that purport to be independent, Russia is disseminating information to back its invasion of Ukraine, officials said. The Biden administration is imposing sanctions on a state-funded broadcaster that oversees the RT outlet, TV-Novosti, another state media company, Rossiya Segodnya, and its director Dmitry Kiselyov, officials said. Russian state-funded media was also targeted for sanctions for allegedly funneling money into Moldova under the guise of humanitarian aid “to buy votes to influence the upcoming Moldovan elections,” officials said.

Persons: Antony Blinken, ”, James Rubin, Rubin, RT, Biden, Rossiya Segodnya, Dmitry Kiselyov, “ Organizations: RT, Ukraine, State Department, State, Global, Department, Novosti Locations: South America, Europe, Africa, U.S, Ukraine, America, Russian, China, Russia, Germany, Berlin, France, Paris, Argentina, Moldova, Washington

☆ Her teenage summer crush unexpectedly came back into her life. ‘I felt like I was reconnecting with my best friend’
▼ + stars: | 2024-09-13 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

He remembers the way she walked down the beach, recalls noticing her immediately, wanting to talk to her. “We’d download songs and listen to the album at the same time,” recalls Vlad. “The emotion was really, really intense. Iga OlszakWhile Vlad and Iga were together in Germany, they talked about the potential of Iga visiting Vlad in the US. “He created that space for me where it felt really good and I finally felt okay to say the truth,” she says.

Persons: Iga Olszak, Vlad Dimovski, Iga, Vlad, “, Skotina, ”, ” Vlad, ” Iga, …, wasn’t, –, that’s, ’ ”, Vlad’s, She’d, he’d, Iga –, weren’t, they’d, Olszak, I’d, who’d, ”, “ I’d, Will, ’ ” Vlad, Luca, Klara, They're, – he’d, “ I’m, we’ve Organizations: CNN, CNN Travel, “, Facebook Locations: Skotina, Greece, Poland, North Macedonia, Mount Olympus, Iga, Germany, Chicago, Republic of Macedonia, Europe, Bielefeld, “, Florida, Macedonia, pouting

☆ Russia expels six British diplomats it accuses of spying and sabotage activity
▼ + stars: | 2024-09-13 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Russia’s FSB security service said on Friday it had revoked the accreditation of six British diplomats in Moscow whose actions it said showed signs of spying and sabotage work. Britain’s embassy in Moscow did not immediately respond to a Reuters request for comment. “Thus, the facts revealed give grounds to consider the activities of British diplomats sent to Moscow by the directorate as threatening the security of the Russian Federation,” the FSB said in a statement. The six diplomats were named on Russian state TV, which also showed photographs of them. The FSB said Russia would ask other British diplomats to go home early if they were found to be engaged in similar activity.

Persons: Reuters —, ”, Maria Zakharova Organizations: Reuters, FSB, Soviet KGB, Ukraine, Russian Federation, Federal Security Service, Ministry of Foreign Affairs of Russia, British Embassy, Russian Foreign Ministry, TASS, British Locations: Moscow, Britain’s, Soviet, British, London, Eastern Europe, Central Asia, Russia

☆ UK leads resurgence in European office investment
▼ + stars: | 2024-09-13 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Sopa Images | Lightrocket | Getty ImagesLONDON — The U.K. is leading a recovery in Europe's long subdued office real estate market, with overall investment in the sector expected to pick up further in the second half of the year. Overall, European office investment transactions in the first half of the year fell 21% year-on-year to 14.1 billion euros, Savills data showed — a 60% decrease on the five-year H1 average. Europe's divided recoveryThe U.K. real estate market was the first in Europe to undergo a significant contraction following its peak in 2022. "London is leading the way a bit, partly because it repriced earlier and quicker and more significantly," Kim Politzer, head of research for European real estate at Fidelity International, told CNBC over the phone. Kim Politzer head of research for European real estate at Fidelity International

Persons: Mike Barnes, Savills, Kim Politzer, Marcus Meijer, Mark, CNBC's, James Burke, Tom Leahy, Leahy, Europe's, JLL Organizations: Getty, Britain, CNBC, Bank of, Fidelity International, European Central Bank, Nurphoto, U.S Locations: London, Europe, Paris, Stockholm, Berlin, Hamburg, La Défense, France, Ireland, Netherlands, Spain, Italy, Portugal, Southern Europe, Germany

☆ New US men’s soccer coach Mauricio Pochettino outlines his vision ahead of the next World Cup: ‘We need to think big’
▼ + stars: | 2024-09-13 | by ( Glen Levy | Don Riddell | ) edition.cnn.com time to read: +6 min

New York City CNN —New US men’s national team coach Mauricio Pochettino said on Friday that his aim is nothing short of competing with – and beating – the best teams in the world. Finally, the 52-year-old Argentine was announced this past Tuesday, just minutes before the men’s national team labored to an uninspiring 1-1 draw in a friendly match against New Zealand in Cincinnati. Pochettino’s new charges have now failed to win their past four matches, a fact surely not lost on a head coach universally known as Poch, even if he wasn’t watching from inside the stadium. The recent hiring of U.S. Women’s National Team head coach Emma Hayes was a coup for the USWNT, as the Blues legend won no fewer than 16 trophies in her 12-year stint with the Chelsea’s women’s team. But does the new hire read anything into being unveiled on Friday 13th, a date many people are superstitious about?

Persons: Mauricio Pochettino, –, Germain, Gregg Berhalter, Christian Pulisic, “, Pulisic, Sport’s Don Riddell, Pochettino, ‘, ” Pochettino, ”, Weston McKennie, Yunus Musah, Antonee Robinson, Tyler Adams, Timothy Weah, Giovanni Reyna, Folarin, Lionel Messi, Neymar, Mbappé, Emma Hayes, Hayes Organizations: York, York City CNN —, men’s, –, Chelsea, Tottenham Hotspur, Paris Saint, CNN Sport, Copa America, New Zealand, CNN, Argentine, Mexico, women’s, South, Espanyol, Spain’s, Spain’s La Liga, English Premier League, Southampton, UEFA Champions League, Spurs, Liverpool, Ligue, Premier League, Pochettino, U.S, Women’s, Team, Blues Locations: York City, USA, Argentine, Cincinnati, New York, Austin, Panama, Canada, Mexico, Argentina, South Korea, Japan, United States, Europe, Spain’s La, Chelsea, Paris

☆ Same-sex marriage was on a roll in Asia. Not anymore
▼ + stars: | 2024-09-13 | by ( Chris Lau | ) edition.cnn.com time to read: +11 min

The winning formulaMore than 30 jurisdictions worldwide now recognize same-sex marriage, according to the Pew Research Center. Since the first same-sex marriage law was passed in the Netherlands in 2001, progress has been made mostly in Europe, the Americas and Australasia. Gay couples cut a wedding cake in Amsterdam on April 1, 2001 after the first same-sex marriage law was passed in the Netherlands. But on the national level, Japan does not recognize same-sex marriage and local courts have returned conflicting verdicts on the issue. Up to 68% of Japan’s adults support same-sex marriage, the highest share in Asia, according to the Pew Research Center.

Persons: Pokpong Jitjaiyai, ”, Pokpong, Watit Benjamonkolchai, Suen, Nadia Rahman, Marcel Antonisse, Kangwan Fongkaew, ” Kangwan, Jennifer Lu, ” Lu, Taiwan’s, Tsai Ing, Sanjit, Chanakarn Laosarakham, Carl Court, Asia’s, Anish Gawande, Narendra Modi, Gawande, Kazuhiro Nogi, –, Hiroshima’s, Scuffles, Andrew Kim, Roslan Rahman, Shawna Tang, Hong Kong’s, Peter Newman, ” Suen, CNN’s Samra, Yoonjung Seo, Aishwarya Iyer Organizations: Hong Kong CNN, Thailand’s Senate, CNN, Chinese University of Hong, Pew Research, Amnesty, Racial Justice, Refugees, Migrants, Getty, Burapha University, Presidential, List, Court, Japan, Seoul Queer Culture, Christian, Korea University’s College of International Studies, University of Sydney, Appeal, University of Toronto’s, Inwentash, Social Locations: Hong Kong, Bangkok’s, Siam, Thailand’s, Bangkok, Thailand, Southeast Asia, Taiwan, Nepal, Asia, Chinese University of Hong Kong, Netherlands, Europe, Americas, Australasia, Myanmar, Malaysia, Sri Lanka, Brunei, Bangladesh, Indonesia’s ultraconservative, Aceh, United Kingdom, Amsterdam, China, Kathmandu, AFP, Taiwan's, Taipei, India, List India, India’s, Delhi, Tokyo, Japan, South Korea, Daegu, Seoul, Korea, Singapore, aren’t, –, Beijing, Indonesia

☆ European markets poised to open higher after ECB rate cut
▼ + stars: | 2024-09-13 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — European stocks are set to open higher Friday as investors continue to digest the European Central Bank's decision to cut rates and its impact on future monetary policy. The U.K.'s FTSE 100 is seen opening 1 point higher at 8,239, France's CAC up 20 points at 7,448, Germany's DAX 57 points higher at 18,563 and Italy's FTSE MIB up 41 points at 33,484 ,according to IG data. The European Central Bank slashed rates as expected on Thursday, marking its second 25-basis-point cut this year and bringing its key interest rate to 3.5%. Policymakers gave little indication on the course for monetary policy, however, with President Christine Lagarde saying the bank was not "pre-committing to a particular rate path." Asia-Pacific markets, meanwhile, were mixed, as mainland Chinese markets rebounded from a six-year low and Australian markets near an all-time high.

Persons: Germany's DAX, Christine Lagarde Organizations: Central, France's CAC, European Central Bank, U.S, U.S . Federal Locations: U.S ., Asia, Pacific, Europe, France

☆ Tech roars back, and Eli Lilly sends a welcome signal on its growth prospects
▼ + stars: | 2024-09-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Jim Cramer said earlier Friday that Nvidia received a do-over from Wall Street . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Nvidia, Financials, Love, Lilly, Eli Lilly, Lilly's, haven't, that's, Jim Cramer's, Jim Organizations: CNBC, Tech, Nvidia, Broadcom, Wall, Federal, Energy, Citi, and Drug Administration, Fed, Market, Jim Cramer's Charitable Locations: Ireland, Kisunla, U.S, Europe

☆ I'm 43 and my honeymoon was the only time I traveled without my parents. Now that I'm divorced, I'm trying solo travel.
▼ + stars: | 2024-09-13 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

The one time she didn't join me was the honeymoon I spent with my former husband in 2008. I never went on vacation with girlfriendsBefore and after my marriage, I spent every break with the people who raised me. Around his mid-50s, he decided he didn't like traveling much and generally preferred to stay at home. But Mom went ahead and enjoyed herself, thinking it was funny. Meanwhile, I'm turning 44 in November and have decided to celebrate with a trip to Bali.

Persons: —, Minreet Kaur, I'd, I've, Kaur, We've, Mom, I'm Organizations: Service, Business Locations: Sri Lankan, Kandy, North Wales, Canada, India, Europe, Valencia, Las Vegas, Abu Dhabi, Cyprus, Sri Lanka, Japan, Bali

☆ Pro-Russian posters appear on billboards across Italy
▼ + stars: | 2024-09-13 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

Rome CNN —Hundreds of posters have appeared on billboards across Italy this summer, bearing the slogan: “Russia is not our enemy” and depicting a handshake in the colors of the Italian and Russian flags. In Rome, the posters drew ire from the mayor’s office because they featured both the city’s name and its official symbol. In a decree to local police and the advertising company that owns the billboards in Rome, it ordered the removal of all posters. Earlier this month, they met at the European House’s Ambrosetti Forum in Cernobbio, northern Italy. The Russian propaganda posters have not caused notable outcry among the Italian public, in part because they started appearing during the summer months, when most Italians take their vacations.

Persons: Rome, Sovranita Popolare, Piazza Mazzini, Giorgia Meloni, Volodymyr Zelensky, Silvio Berlusconi –, Vladimir Putin, Matteo Salvini Organizations: Rome CNN, Nations, CNN, European Union, Putin, European Council of Foreign Relations Locations: Italy, Russia, Rome, Ukraine, Israel, Verona, Modena, Parma, Pisa, Calabria, Ukraine’s, Eternal, ”, Europe, Cernobbio, Red, Greece, Bulgaria, Russian

☆ UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal
▼ + stars: | 2024-09-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

In this article VOD-GB Follow your favorite stocks CREATE FREE ACCOUNTwatch nowBritain's competition watchdog on Friday said it found competition concerns with the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison. The U.K. Competition and Markets Authority (CMA) said the deal would lead to price increases for tens of millions of customers or see some users get reduced services. The regulator also warned of a negative impact for so-called Mobile Virtual Network Operators (MVNOs), which piggyback on existing infrastructure. The regulator said Friday the merger would result in higher prices or reduced services, and could "negatively affect those customers least able to afford mobile services." Vodafone said in a separate statement Friday that it disagrees with the findings that the merger would lead to price increases for consumers.

Persons: CK Hutchison, Ahmed Essam, CNBC's, Essam Organizations: Vodafone, CK, The, Competition, Markets Authority, Mobile, Network, CMA, CK Hutchison, MVNOs

Taylor Swift matched Beyoncé's record for the most career MTV Video Music Awards on Wednesday night after winning seven awards in one evening. Before her first win of the night for song of the summer, Swift had 23 VMAs. Swift, 34, ended the night with a win for video of the year, her third consecutive year earning the award. She also took home Moon Person statues for best pop, best artist, best director, best collaboration and best editing. It was a big night for Swift after one of the biggest years of her life.

Persons: Taylor Swift, Swift, Beyoncé, Travis Kelce, Travis, Kamala Harris, Harris, Tim Walz, “, ” Swift, ”, Sen, JD Vance, Benjamin Button Organizations: MTV, Guinness World Records, Country Music, Minnesota Gov Locations: Texas, R, Ohio, U.S, Europe, South America, Asia, Australia, Miami, New Orleans, Indianapolis, Canada

☆ A disappointed Rafael Nadal withdraws from Laver Cup over fitness worries
▼ + stars: | 2024-09-12 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

CNN —Twenty-two-time grand slam singles champion Rafael Nadal has withdrawn from next week’s Laver Cup due to fitness concerns, the tournament announced on Thursday. “I’m really disappointed to share that I won’t be able to compete at the Laver Cup in Berlin next week,” Nadal said in a statement. The Laver Cup has not announced who will replace Nadal to join Alexander Zverev, Carlos Alcaraz, Daniil Medvedev, Casper Ruud and Stefanos Tsitsipas in Bjorn Borg’s Team Europe. Nadal announced in April that he would play in this year’s Laver Cup in Berlin and was still expected to play despite withdrawing from the US Open due to concerns about his fitness. This year, Nadal played in only seven tournaments including the French Open and the Olympics, but has failed to return to the form expected from the former world No.

Persons: Rafael Nadal, week’s, “ I’m, ” Nadal, “, Bjorn, ” Rafael Nadal, Carlos Alcaraz, Clive Brunskill, Novak Djokovic, Nadal, Alexander Zverev, Daniil Medvedev, Casper Ruud, Stefanos Tsitsipas, Roger Federer, Roland Garros, Clay ”, I’ve, ” Spain's Rafael Nadal, Germany's Alexander Zverev, Emmanuel Dunand Organizations: CNN, Laver, Europe, Team Spain, Olympics, Getty Locations: Berlin, Swiss, Paris, AFP

☆ South Korea was the world’s biggest ‘baby exporter.’ New evidence shows some mothers were forced to give up children
▼ + stars: | 2024-09-12 | by ( Jessie Yeung | Yoonjung Seo | ) edition.cnn.com time to read: +4 min

Seoul, South Korea CNN —South Korea has for decades been known as the world’s largest “baby exporter” – sending hundreds of thousands of children overseas after the country was ravaged by war and many mothers left destitute. Searching for their rootsMore than 200,000 South Korean children have been adopted overseas since the 1950s following World War II and the Korean War, according to authorities. While adoptions continue today, the trend has been declining since the 2010s after South Korea amended its adoption laws in an effort to address systematic issues and reduce the number of children adopted overseas. “It’s truly terrifying to hear how systemic these issues were, but I wouldn’t say it’s necessarily surprising,” said Susanné Seong-eun Bergsten, who was adopted from South Korea and grew up in Sweden. “There is still much about Korean adoption that has not been formally acknowledged.”

Persons: ”, adoptees, “, Susanné Seong, Mark Zastrow, Bergsten Organizations: South Korea CNN, Commission, CNN, Korean Locations: Seoul, South Korea, Korea, Korean, Daegu, Sejong, United States, Australia, Norway, Denmark, Europe, It’s, Sweden, adoptees

☆ Samsung Electronics plans global job cuts of up to 30% in some divisions: Reuters, citing sources
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: +3 min

Samsung Electronics, the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. The sources declined to be named because the scope and details of the job cuts remained confidential. Samsung Electronics , the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters. The job cuts come as Samsung grapples with mounting pressure on its key units. One of the sources familiar with the plans said the job cuts were being made in preparation for a slowdown in global demand for technology products as the global economy slows.

Persons: Samsung's, Samsung Organizations: Samsung Electronics, Reuters, Samsung, Manufacturing, South Korean, SK Hynix, Apple, Huawei Locations: Americas, Europe, Asia, Africa, South Korea, India, China

☆ Eli Lilly to invest $1.8 billion to expand manufacturing for weight loss, diabetes and Alzheimer's drugs
▼ + stars: | 2024-09-12 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Eli Lilly on Thursday said it will invest $1.8 billion to boost manufacturing for its newly approved Alzheimer's drug and highly popular weight loss and diabetes treatments, among other medicines, in Ireland. Eli Lilly also announced an $800 million facility expansion in Kinsale, Ireland. Eli Lilly has invested more than $20 billion to buy, build and expand manufacturing plants in the U.S. and Europe since 2020. Eli Lilly's main rival in the weight loss drug space, Novo Nordisk , has similarly poured in billions to boost production of its own treatments.

Persons: Eli Lilly, Eli, Edgardo Hernandez, Eli Lilly's Organizations: Novo Nordisk Locations: Indianapolis , Indiana, Ireland, Limerick, U.S, Kinsale, Europe, Novo

☆ Europe cuts interest rates again as economic recovery falters
▼ + stars: | 2024-09-12 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —The European Central Bank (ECB) cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles. The ECB cut rates for the first time in five years in June, but kept them unchanged at its last meeting in July. However, it marginally downgraded the outlook for economic growth in the eurozone to 0.8%, from 0.9% projected in June. “Financing conditions remain restrictive, and economic activity is still subdued, reflecting weak private consumption and investment,” the ECB said. Earlier this week, former ECB chief Mario Draghi said in a report that slowing economic growth and productivity present an “existential challenge” to Europe.

Persons: Bert Colijn, Christine Lagarde’s, Mario Draghi, Draghi Organizations: London CNN, European Central Bank, ECB, Olympic, Paralympic Games, P Global, Hamburg Commercial Bank, “, ING Locations: Germany, Paris, Europe, United States, China, EU

☆ Cave discovery may explain why Neanderthals disappeared, scientists say
▼ + stars: | 2024-09-12 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

Grotte Mandrin is the only known site to have been home to alternating groups of both Homo sapiens and Homo neanderthalensis. “The Thorin population spent 50,000 years without exchanging genes with other Neanderthal populations,” Slimak said in a news release. DNA from Homo sapiens fossils from that time show that these early arrivals interbred with Neanderthals — traces of those encounters remain in present-day human populations. Archaeologists have excavated more of Thorin’s remains: 31 teeth, part of the jaw and five finger bones, so far. It’s the only known site to have been home to alternating groups of both Homo sapiens and Neanderthals, plus the earliest evidence of bow and arrow use outside Africa.

Persons: Ludovic Slimak, Thorin, ”, Slimak, “, Mandrin, ” Slimak, Ludovic, sapiens, Chris Stringer, wasn’t, ” Stringer, ” It’s, Grotte Mandrin Organizations: CNN, France’s National, for Scientific Research, Paul Sabatier University, Genomics Locations: Rhône, Toulouse, Western Europe, Europe, Grotte, Malataverne, France, Thorin’s, Africa

☆ CNBC's Inside India newsletter: What happens when the Fed cuts rates?
▼ + stars: | 2024-09-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Historically, a rate cut has been a signal for central banks in emerging markets, like India, to follow by easing monetary policy in their regions. The latest data shows that the inflation rate appears to be heading in the wrong direction in India. The headline inflation rate rose in August to 3.65% compared to 3.6% in the previous month. Instead, markets have simply hit snooze on a rate cut by the Reserve Bank of India for the moment. If there's no global recession, a risk-on sentiment will likely help push up emerging market equities in the medium term after the U.S. central bank cuts rates.

Persons: Shah, Mahesh Nandurkar, Surendra Goyal, CNBC's, BofA, Banks Organizations: Federal, Reserve Bank of India, Reserve Bank, Capital Economics, India, greenback, Federal Reserve, Jefferies, Bank of America, Citi, India Research, Bank Locations: India, U.S

☆ Britain labels data centers critical infrastructure to boost cyber defenses
▼ + stars: | 2024-09-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Data centers today are crucial computing infrastructure that power the modern-day internet. Granting data centers critical infrastructure status will enable the government to coordinate better against hackers and unexpected cyber events, Kyle said. Data center operators will effectively be given a direct line to the government to prepare for and respond to data threats, the government said. Data centers are a key part of the modern internet as it exists today. When they go offline, it can cause massive outages for internet users, with sometimes critical services going down.

Persons: Andrew Aitchison, Peter Kyle, Kyle Organizations: Pictures, Corbis, Getty, British Technology, Amazon, U.S, Security Locations: Hertfordshire, England, Europe

☆ Jon Rahm appeals DP World Tour fines in fight to make Ryder Cup
▼ + stars: | 2024-09-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Spanish golfer Jon Rahm appealed against outstanding fines to the DP World Tour on Thursday which had thrown his hopes of competing at next year’s Ryder Cup into jeopardy. That would leave just the French Open and South Korea’s Genesis Invitational as the only other two DP World Tour events that Rahm could feature in this season. I’m not sure,” Lowry told reporters ahead of the Irish Open, the DP World Tour’s latest tournament, on Wednesday. Alberto Pizzoli/AFP/Getty ImagesRahm and Lowry were both captained by Pádraig Harrington during the 2021 Ryder Cup at Whistling Straits in Wisconsin. It’s very important for the Ryder Cup … it’s bigger than just the match.”

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