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CNN —A group of senior Israeli figures including former national security officials, academics and business leaders have sent US congressional leadership a blistering letter accusing Israeli Prime Minister Benjamin Netanyahu, who is set to speak to Congress on Wednesday, of threatening both Israeli and American national security. “Netanyahu severely harms the US national security interests through his approach to this war, which adversely impacts American policy in the Middle East and beyond and further endangers Israel,” it continues. The Obama White House had been blindsided by Netanyahu’s decision to address Congress after another invitation from a Republican House speaker, John Boehner. Typically, a vice president, in their role as president of the Senate, would attend and sit prominently on the dais. However, Vice President Kamala Harris will also miss Netanyahu’s Wednesday speech due to travel, which Biden’s national security adviser Jake Sullivan said Friday he did not expect to be a repeat of 2015.
Persons: Benjamin Netanyahu, Netanyahu, he’s, Tamir Pardo, Aaron Ciechanover, Avishay, Carmi, Morris Kahn, Jeremy Levin, “ Netanyahu, Mike Johnson, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, Pardo, disinvite Netanyahu, , Alon Pinkas, , Biden, , Pinkas, ” Benjamin Netanyahu, Sen, Bernie Sanders, Schumer, Joe Biden, Biden’s, Obama, John Boehner, Kamala Harris, Jake Sullivan, they’re, ” Sullivan, Organizations: CNN, Israeli, American, Ben Gurion University, Republican, , Obama White, Aspen Security, White, Gaza . Senior, Gallup Locations: Gaza, Israel, New York, Washington, Iran, Gaza .
Republican legal experts and think tanks such as the Heritage Foundation are questioning Harris's ability to access the Biden-Harris campaign coffers. Others, including Congressman Steve Scalise, say it's wrong for Harris to assume the top line of the ticket after 14 million state primary voters cast ballots for Biden. There's no general election candidate being replaced, so those rules and regulations about replacement don't don't apply to the situation." AdvertisementNoti of the Campaign Legal Center said a meritless claim like this would be tossed from court immediately, leaving the GOP challengers' lawyers subject to possible sanctions for filing a frivolous suit. "I suspect it would be disposed of very quickly," Becker agreed of any legal challenge to Harris headlining Democratic ballots.
Persons: , Kamala Harris, Joe Biden, Harris, Steve Scalise, Biden, Dan Weiner, Charles Spies, Weiner, David Becker, Noti, — Weiner, Becker Organizations: Service, White, Republican, Heritage Foundation, Biden, Business, Brennan Center for Justice, Republican National Committee, Wall Street, Democratic, The Center, Election Innovation, Research, Brennan, Center, GOP, Republican Party, Democratic Party Locations: Washington ,, North Carolina
Alphabet is set to report second-quarter earnings after the market closes Tuesday, one of the first of the " Magnificent Seven " to post its results this earnings season. For Google search revenue, Wolfe Research estimates growth of 12.6% compared to the prior-year period. Wolfe has an outperform rating on Alphabet and a share price target of $240, implying more than 32% upside from Monday's close. Deutsche Bank, Bank of America and TD Cowen all increased their price targets on the stock heading into earnings. GOOGL mountain 2024-07-22 Alphabet, 2-day Bernstein analyst Mark Shmulik also chooses to stay neutral, rating Alphabet market perform.
Persons: LSEG, Baird, Colin Sebastian, Wolfe, Shweta Khajuria, TD Cowen, Benjamin Black, Justin Post, John Blackledge, Barton Crockett, Rosenblatt, Bernstein, Mark Shmulik, Shmulik Organizations: Google, Wolfe Research, Deutsche Bank , Bank of America, Bank of America, YouTube, Rosenblatt Securities, Department of Justice, DOJ
For those watching from outside, Prime Minister Sheikh Hasina of Bangladesh presents a compelling story. Over her 15 of 20 total years at the helm, Ms. Hasina has deeply entrenched her authority and divided this nation of 170 million people. Those who kissed the ring were rewarded with patronage, power and impunity. The sustained protests that have convulsed Bangladesh this month are a backlash against Ms. Hasina’s formula for power: absolute, disconnected and entitled. Her bloody crackdown, which has left at least 150 people dead, has grown into the biggest challenge ever to her dominance, just months after she steamrolled to a fourth consecutive term as prime minister.
Persons: Sheikh Hasina, Hasina, steamrolled Locations: Bangladesh, India, China
How to Earn Rewards With the Bank of America Premium Rewards Credit CardThe Bank of America® Premium Rewards® credit card has simple rewards categories and no limits. Bank of America Preferred Rewards Card Tiers Preferred Rewards Gold (minimum of $20,000 in your Bank of America accounts to qualify): 25% more rewards on eligible Bank of America rewards credit card spending (2.5x points on travel and dining, and 1.875x points on all other purchases)25% more rewards on eligible Bank of America rewards credit card spending (2.5x points on travel and dining, and 1.875x points on all other purchases) Preferred Rewards Platinum (minimum of $50,000 to qualify): 50% more rewards on eligible Bank of America rewards credit card spending (3x points on travel and dining, and 2.25x points on all other purchases)50% more rewards on eligible Bank of America rewards credit card spending (3x points on travel and dining, and 2.25x points on all other purchases) Preferred Rewards Platinum Honors ($100,000 to qualify): 75% more rewards on eligible Bank of America rewards credit card spending (3.5x points on travel and dining, and 2.625x points on all other purchases)How to Use Rewards From the Bank of America Premium Rewards Credit CardThe Bank of America Premium Rewards card is a great card for folks who prefer using points like cash. Bank of America Premium Rewards Credit Card FeesThe Bank of America® Premium Rewards® credit card has a $95 annual fee. Bank of America Premium Rewards vs. Bank of America Travel RewardsThe Bank of America® Premium Rewards® credit card is the most premium Bank of America travel card, and one of only a handful that charges an annual fee. Bank of America Premium Rewards Credit Card Frequently Asked QuestionsIs the Bank of America Premium Rewards credit card worth it?
Persons: Merrill, You'll, you'll, There's, You've, Chase Organizations: Business Insider, Citi, Premier, Bank of America, of America, Bank of America's, Bank of America Travel Center, TSA, Travel Insurance, The, The Bank of America, Merrill, Bank, America, Travel, Citi Strata Premier ℠, Citi Premier, Chase, Chevron, Business
This reaction is especially encouraging, as it's happening during a tumultuous market environment with lots of geopolitical and domestic political uncertainty. Looking at Spotify, we own it in our growth portfolio at Inside Edge Capital, first adding the position in February 2023. Judging by this post-earnings reaction, I see the stock moving above $400 in coming months. -Todd Gordon, Founder of Inside Edge Capital, LLC DISCLOSURES: Gordon owns SPOT personally and in his wealth management company Inside Edge Capital. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Todd Gordon, Gordon Organizations: Spotify, Netflix, Communication, Edge, Inside Edge, CNBC, NBC UNIVERSAL
Previously sealed court documents provide insight into Elon Musk's righthand man, Jared Birchall. In a deposition for Twitter's lawsuit against Musk, Birchall describes his relationship with the Tesla CEO. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEver wondered what it's like to serve as Elon Musk's righthand man? A trove of previously unreleased documents related to Musk's legal battle with Twitter provides a peek into Musk's working relationship with Jared Birchall, a former banker who runs the billionaire's family office.
Persons: Elon Musk's, Jared Birchall, Musk, Birchall, , Aaron Greenspan Organizations: Service, Elon, Twitter, Chancery, Business Locations: Delaware
Early industry testing of the Privacy Sandbox tools designed to emulate online targeting produced fairly dire results. Google won't escape regulatory scrutinyIt's unclear whether keeping cookies would allow Google to shake off regulators' grasp of its Privacy Sandbox. In 2022, Google pledged to give the UK's Competition and Markets Authority oversight of its Privacy Sandbox rollout and Chrome cookie removal. A key question now is whether Google's commitments to the CMA need to change now that third-party cookies remain in the mix. And there isn't a clear answer about the future governance of the Privacy Sandbox, to ensure Google doesn't preference its own ad products.
Persons: , Ciaran O'Kane, Bobby Ewing, Jon Snow, they'd, Googler Organizations: Service, Business, Google, YouTube, Apple, CMA
Nairobi, Kenya CNN —Protesters in Kenya have vowed “a total shutdown” as they seize control of Nairobi’s main international airport on Tuesday as deadly anti-government demonstrations intensify, now entering their sixth week. At least 50 people have been killed during the protests and more than 400 injured, according to the Kenya National Commission on Human Rights. The cabinet nominees still need parliamentary approval, but they’re likely to be confirmed since Ruto’s party holds the required majority. On Sunday, the president expressed frustration with the protests, declaring that “enough is enough” after failed attempts at dialogue. “They keep saying they’re faceless, formless.
Persons: , Police Douglas Kanja, William Ruto, Ruto, ” Ruto, I’ve Organizations: Kenya CNN — Protesters, Kenya National Commission, Human Rights, Jomo Kenyatta International Airport, ” Authorities, Police Locations: Nairobi, Kenya, Ruto
Read previewPresident Joe Biden and Vice President Kamala Harris shared a sweet moment on Monday during the VP's first public speech since Biden dropped out of the 2024 election over the weekend and endorsed his second-in-command. Harris officially launched her presidential campaign with a public address to campaign staffers in Delaware after Biden's shake-up left her the presumptive Democratic nominee. Before her speech, Biden called in and spoke to supporters, citing his ongoing COVID recovery as the reason for his virtual appearance. "We love Joe and Jill. Related stories"I love you, Joe," Harris said in response, eliciting cheers from the crowd.
Persons: , Joe Biden, Kamala Harris, Biden, Harris, I'm, Kamala, Donald Trump, Doug Emhoff, we've, Joe, Jill, fraudsters, cheaters, Donald Trump's, isn't Organizations: Service, Democratic, Business, Trump Locations: Delaware
Ever since rioters stormed the Capitol on Jan. 6, 2021, the Democratic Party has sought to claim the mantle of democracy, painting Donald J. Trump and his allies as extremists willing to deny the will of voters to cling to power. Now, after President Biden dropped his re-election bid and Democrats swiftly aligned behind Vice President Kamala Harris as a replacement, Republicans are trying to flip the argument. In a series of statements and social media posts, Republicans have argued that Democrats, by pressuring Mr. Biden to quit, have “disenfranchised” the 14 million people who voted for him in the party primaries. Instead, it is the Republicans’ latest attempt to muddy the waters on an issue that helped Democrats win key races two years ago. Since Mr. Trump’s attempt to overturn his defeat in 2020, which led to the Jan. 6 riot and criminal charges against the former president, Democrats have cast Republicans as a threat to democratic norms.
Persons: Donald J, Trump, Biden, Kamala Harris, Mr, Republicans ’, Trump’s Organizations: Capitol, Democratic Party, Republicans
Seoul, South Korea —The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su was arrested on Tuesday on accusations of manipulating stocks during the acquisition of a K-Pop agency last year. The case is the latest legal twist for Kakao, which runs South Korea’s largest chat app, after the company and another executive went on trial last year for alleged wrongdoing during the same acquisition. Any case against him could jeopardize Kakao’s investments into artificial intelligence as well as its overseas expansion plans, industry experts said. The high-profile tech entrepreneur is the largest shareholder of Kakao Corp, with a 24% stake that he and affiliated entities control. Kakao Corp shares dropped 3.4% during morning trade to the lowest since November, after falling 24% year-to-date.
Persons: Kim Beom, su, Kim, Brian Kim, Jakub Porzycki Organizations: South, Kakao Corp, Prosecutors, SM Entertainment, Seoul Southern, Court, Detention, KakaoBank Corp Locations: Seoul, South Korea, South Korean, Korean, Kakao
CNBC Daily Open: Wall Street looks past political uncertainty
  + stars: | 2024-07-23 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Tech reboundThe S&P 500 posted its biggest gain since June 5, recovering from its worst weekly slide since April, as tech stocks rebounded led by Nvidia. The move allows Warner Bros. to retain some of its NBA broadcasting rights. However, the NBA may not want Warner Bros. as a media rights partner and could reject the company's matching rights, which could lead to a legal tussle.
Persons: Russell, CrowdStrike, George Kurtz, Mark Green, Andrew Garbarino, Berkshire Hathaway, Walter Cho, Joe Biden's, Kamala Harris Organizations: CNBC, Tech, Nvidia, Nasdaq, Dow Jones Industrial, Homeland Security, Microsoft, Delta Air Lines, Buffett, Warren, Bank of America, Apple, Boeing, Korean Air, Farnborough, NBA, Warner Bros, Discovery, National Basketball Association, Amazon Prime, Trump Locations: U.S, Berkshire
South Korean court approves arrest warrant for Kakao founder
  + stars: | 2024-07-23 | by ( ) www.cnbc.com   time to read: +1 min
A South Korean court approved early on Tuesday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock manipulation during a 2023 acquisition. It is the latest legal twist for Kakao after the company and an executive went on trial last year for alleged wrongdoing during the same acquisition. Prosecutors say Kim was involved in manipulation of the stock price of SM Entertainment in February last year to hinder a competitor, Hybe, from acquiring the K-Pop agency. Not yet formally charged, Kim has denied the accusations, saying he has never ordered or tolerated any illegal activity, the company said in a statement. The high-profile tech entrepreneur is the largest shareholder of Kakao Corp, with a stake of 24% controlled by him or affiliated entities.
Persons: Brian Kim, Kim Organizations: Kakao Corp, Prosecutors, SM Entertainment
The prosecutor-versus-felon approach may appeal to undecided voters who had been sour on both Mr. Trump and President Biden. Mr. Trump, for his part, has been trying to soften some of his harshest rhetoric about seeking vengeance on his rivals ahead of the general election. In the case of Ms. Harris, the contempt is displayed both in public and private. Since then, Mr. Trump has attacked her savagely, particularly when she became Mr. Biden’s running mate in 2020. On Sunday, Mr. Trump, who has insisted he would debate Mr. Biden anytime and anywhere, appeared to try to change the terms of the second debate.
Persons: Donald J, Trump, pollsters, Harris, Biden, Letitia James, Fani Willis, fraudsters, cheaters, Donald Trump’s, Kamala Harris, Erin Schaff, Angela Merkel, , Carol Leonnig, Philip Rucker, Mr, , Barack Obama, Ms, Lauren Leader, Hillary Clinton, Trump’s, Daniel Acker, Karoline Leavitt, Harris “, Joe Biden, Kamala, Joe Biden’s, Neil Newhouse, Biden’s, she’s, Mike Pence, Biden’s frailties, Jessica Mackler, Donald Trump Organizations: Democratic, Trump, Trump . Credit, The New York Times, Washington Post, Fox News, Publicly, The New York, Mr, Republican, Trump University, ABC, Republican National Convention, National Republican Senatorial Committee, Senate Republicans Locations: New York, Georgia, San Francisco, California, , Trump ., Iowa, Michigan , Pennsylvania, Wisconsin
Tesla is set to report second-quarter earnings after the closing bell on Tuesday. Wall Street is more bullish after Tesla reported better-than-expected deliveries for the second quarter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla investors are eagerly awaiting the company's second-quarter results as they look for signs that the strongest headwinds have passed after a tough start to the year. The carmaker is set to report financials for the second quarter on Tuesday after the closing bell.
Persons: Tesla, , Elon Musk Organizations: Service, Elon, Business
Read previewIt didn't take long for Vice President Kamala Harris to be hit with a barrage of sexist and racist attacks after President Joe Biden endorsed her for the presidential run. Harris is also facing a barrage of sexist attacksThe GOP is baselessly accusing Harris of sleeping her way to the top. JD Vance says women who haven’t given birth like Kamala Harris are “childless cat ladies who are miserable at their own lives,” and have “no direct stake” in America. Although Hillary Clinton also bore the brunt of sexist attacks as a female presidential candidate in 2016, the experts told BI that Harris is going to have it much worse. Representatives for Harris did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Kamala Harris, Joe Biden, Harris, Tim Burchett, Tennessee, Glenn Grothman, @KathrynMerckTV, Paul Ingrassia, Ingrassia, she's, @DrJohnEastman, Kamala, NpgtQxaCOG, Trump, Laura Loomer, Loomer, Willie Brown, Everything, 803lsgsdW1, Brown, Montel Williams, Williams, X, Megyn Kelly, Kelly, — Megyn Kelly, @megynkelly, JD Vance, 3DJY3pQTGe, Ron Filipkowski, Jackson Lahmeyer, Joe, HQMRnQ52Fy — Jackson, Thomas Hollihan, Costas Panagopoulos, Panagopoulos, Hillary Clinton, Jonathan Aronson, Hillary, Hollihan, Clinton Organizations: Service, Biden, GOP, Business, CNN, Monday, DEI, Democratic Party, DC, Reuters, Fox News, Pastors, USC Annenberg, Northeastern University, Business Insider Locations: Black, Wisconsin, Oakland , California, San Francisco, California, America, American
But the mercurial billionaire was once a skeptic — and very vocal about why he thought Trump shouldn't govern the US. Back in July 2022, Musk criticized Trump after the former president called him a "bullshit artist" during a rally in Alaska. Musk later said in a follow-up post the same day that having Trump as president would result in "too much drama." Musk would go on to host DeSantis' campaign launch on X in May 2023, which was riddled with technical glitches and delays. The pair got closer this year, eventually culminating in a full-throated endorsement of Trump from Musk after Trump survived a failed assassination attempt on July 13.
Persons: , Elon, Donald Trump's, Trump, Musk, Ron DeSantis, DeSantis, Reid Hoffman, Vinod Khosla, Vance, Vinod, Vance LFG, Jordan Peterson, it's, we've, @jordanbpeterson Organizations: Service, Business, Trump, Gov, Biden, Musk, Democratic Party, Republican Party, BI Locations: Alaska, Florida, United States of America, Gigafactory Texas
In September, about a dozen founders arrived in Miami to participate in AI Forge, a new startup incubator. Courtesy of an AI Forge Miami participantJackson said that none of the Miami founders had complained about developers turning work in late. AI Forge agreed to take over 9% of their businesses, "but that means they've got the other 91%," he said. Two Miami founders said they were considering taking legal action against AI Forge over their late and missing payments. AdvertisementAI Forge discontinued its Miami program after the first run, but it launched its third London program in May.
Persons: They'd, Kevin Jackson, , hadn't, Jeffrey Greenberg, Slack, Jackson, Forge, PitchBook, they'd, Forge hadn't, didn't, they've, Craig Massey, Massey, Forge's, Heradio Luces Organizations: Service, Founders, Six Miami, Universal, Getty, Forge, Miami, London Locations: Miami, Italy, Miami Bay, Turkey, Los Angeles, Pennsylvania, London
Earnings season is heating up, as Tesla and Google-parent Alphabet are set to report their latest results after the bell Tuesday. I'm considering a bullish trade in QQQ for Wednesday — contingent on a positive market reaction to GOOG and TSLA earnings. This allows you to construct a $1 wide bull call spread and risk as little as $50 to make $50 per winning trade. I've suggested a 482-483 call spread because QQQ is trading at 482 as of writing this. If earnings are strong, QQQ will likely gap up and open at a higher price tomorrow.
Persons: QQQ, I've, Nishant Pant Organizations: Google, Nasdaq, CNBC, NBC UNIVERSAL Locations: QQQ
In order to qualify for the Navy Federal More Rewards American Express® Card, you must be a member of the Navy Federal Credit Union. If you're a Navy Federal Credit Union member and are seeking a card with a traditional welcome offer in the form of points or cash back, other comparable options include the Navy Federal Credit Union Visa Signature® Flagship Travel Rewards Credit Card and the Navy Federal Credit Union cashRewards Credit Card. How to earn rewards from the Navy Federal More Rewards cardThe Navy Federal More Rewards American Express® Card features an impressive rewards structure — akin to notable cards such as the Chase Sapphire Preferred® Card, Citi Strata Premier℠ Card , and American Express® Gold Card. Cardholders can earn 3x points at restaurants and on food delivery, 3x points at supermarkets, and 3x points on gas and transit. Navy Federal More Rewards American Express card benefits and featuresThe Navy Federal More Rewards American Express® Card won't overwhelm you with robust benefits like airport lounge access or hotel elite status, but it does feature several noteworthy perks.
Persons: you'll, Cardholders, cardholders, Price, Chase Organizations: Business Insider, Citi, Premier, Navy Federal Credit Union, Navy, National Guard, Department of Defense, DOD, Credit, Walmart, Navy Federal Credit, Chase, Card, Citi Strata Premier, American Express, Federal Credit Union, Federal, Navy Federal, American, Chase Travel, Target, thankyou.com, Citi Entertainment, Mastercard Locations: Booking.com
To earn 1.75% cash back, you must have direct deposit with Navy Federal Navy Federal Credit Union cashRewards Credit Card review External link Arrow An arrow icon, indicating this redirects the user." Navy Federal cashRewards OverviewThe Navy Federal Credit Union cashRewards Credit Card is ideal for credit union members looking for a simple yet reliable card. To be eligible for the Navy Federal Credit Union cashRewards Credit Card (or any card from Navy Federal), you'll need to be a member of the credit union. How to use rewards from the Navy Federal cashRewards cardRedeeming your cash-back rewards is easy with the Navy Federal Credit Union cashRewards Credit Card. Navy Federal cashRewards card benefitsFor a no-annual-fee cash-back card, the Navy Federal Credit Union cashRewards Credit Card comes with a decent selection of lifestyle and travel benefits.
Persons: you'll, Cash, you've, cardholders, you'd, You'll Organizations: Business Insider, Citi, Navy Federal Credit Union, Navy, Credit, Walmart, Navy Federal Navy Federal Credit Union, Navy Federal, National Guard, Department of Defense, DOD, Mastercard, Federal Credit Union, Federal, Visa, Card, Chase Travel ℠, Citi Entertainment, Navy Federal Union, of Defense
CNN —Ohio Sen. JD Vance, the Republican vice presidential nominee, repeatedly indicated in 2016 that he believed Donald Trump had committed sexual assault, even suggesting in one TV segment that in a “he said, she said” situation Trump was less credible than one of his accusers. And at the end of the day, do you believe Donald Trump, who always tells the truth? Vance then suggested that the lawsuit, and the people funding it, was not about justice but about politics. They don’t reflect his views on President Trump today and haven’t for many years.”Trump has repeatedly denied claims of sexual assault. Repeatedly indicated he thought Trump committed sexual assaultVance’s defense of Trump marked a striking shift from his remarks in 2016 in the wake of the leak of the “Access Hollywood” tape, which showed the Republican presidential candidate making lewd and sexually aggressive remarks about women.
Persons: Ohio Sen, JD Vance, Donald Trump, Trump, Vance, Jessica Leeds, , ” Trump, E, Jean Carroll, , CNN’s Wolf Blitzer, that’s, Russell Moore Organizations: CNN, Ohio, Republican, MSNBC, groping, Leeds, , Trump, Ohio Republican, US Senate, Facebook, Southern Baptist Convention Locations: Leeds
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wiz walks awayCloud security startup Wiz rejected a $23 billion acquisition offer from Google, opting instead to pursue an IPO. The move allows Warner Bros. to retain some of its NBA broadcasting rights. However, the NBA may not want Warner Bros. as a media rights partner and could reject the company's matching rights, which could lead to a legal tussle.
Persons: Kamala Harris, Russell, CrowdStrike, George Kurtz, Mark Green, Andrew Garbarino, Wiz, Hai Precision Industry —, Hong Organizations: New York Stock Exchange, CNBC, Tech, Nvidia, Nasdaq, Dow Jones Industrial, Homeland Security, Microsoft, Delta Air Lines, Google, NBA, Warner Bros, Discovery, National Basketball Association, Amazon Prime, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, CSI, U.S Locations: New York City, U.S, Asia, Pacific, Taiwan
Japan’s Olympic gymnastics team will head into the Paris Games this week without its captain, Shoko Miyata, after she withdrew from the team following an investigation that found she had violated the squad’s code of conduct by smoking and drinking alcohol. In a news conference last week, officials with the Japan Gymnastics Association, which conducted the investigation, announced Ms. Miyata’s withdrawal from the Olympics, saying that “both parties discussed the matter” and that Ms. Miyata had decided not to compete. The Japan Gymnastics Association’s code of conduct forbids drinking or smoking while in official team programs, regardless of age. The legal age for drinking and smoking in Japan is 20; Ms. Miyata is 19. Ms. Miyata allegedly violated the code of conduct on two occasions; once in a private residence in Tokyo, and again in a classroom of the Athlete’s Village of Japan’s National Training Center, according to gymnastics officials.
Persons: Shoko Miyata, , Miyata Organizations: Paris Games, Japan Gymnastics Association, Japan, National Training Center Locations: Japan, Tokyo, Athlete’s
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