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Now, ValueAct has engaged another titan of the market, Meta Platforms, announcing an approximately $1 billion dollar position in the company. With the stock price up about 56% in 2024, ValueAct still sees significant untapped value in Meta. ValueAct has shown at Microsoft and Salesforce that it is very good in helping companies trim fat and build muscle. The AI spending, while concerning to some in the market, can be the muscle that strengthens Meta's core FoA business. It should more than justify Meta's AI spend.
Persons: ValueAct, Mason Morfit, Mark Zuckerberg, OpenAI's GPT, Meta, Martha Stewart Living, Ken Squire Organizations: Reality Labs, Facebook, Microsoft, Meta, RL, Spotify, OpenAI, Adobe, New York Times, Expedia, Century Fox, KKR, 13D Locations: Salesforce
CNN —An American-Iranian journalist who once worked for a US-funded broadcaster is believed to have been detained in Iran, according to his former employer and multiple press freedom groups. Iran has not acknowledged detaining Valizadeh and the Iranian mission to the United Nations has declined to comment on his situation. The US-based Human Rights Activists News Agency, which focuses on Iran, also believes Valizadeh is being held in Evin. Iran has a long history of using dual nationals as bargaining chips in its troubled relationship with the West. It is currently marking the 25th anniversary of the 1979 Iran hostage crisis, in which 52 US citizens were held captive for 444 days.
Persons: Reza Valizadeh, Valizadeh, Ayatollah Ali Khamenei, , Yeganeh Rezaian, Organizations: CNN, Radio Farda, Free, Radio Liberty, RFE, United Nations, US State Department, Farda, Islamic Revolutionary Guard Corps, Intelligence Organization, Protect Journalists, Rights, News Agency, Department of State’s, State Department, US Locations: American, Iranian, Iran, Tehran, Free Europe, Switzerland, United States, Israel, New York, Iran’s, Evin, East, North Africa
Analyst Jared Shaw raised his rating on the regional bank to overweight from equal weight and upped his price target by $4 to $14. Analyst Rob Dickerson downgraded the chocolate maker to underperform from hold and slashed his price target by $21 to $163. Analyst Lincoln Kong upgraded U.S.-listed shares to buy from neutral and raised his price target to $22.60 from $16.50. — Alex Harring 5:51 a.m.: BofA hikes Meta price target following Connect event Bank of America sees more room for Meta Platforms to run due to its artificial intelligence possibilities. Starbucks shares are flat year to date, but they have popped more than 20% over the past three months.
Persons: Bernstein, Jared Shaw, NYCB, Shaw, — Alex Harring, Sell Hershey, Jefferies, Rob Dickerson, Dickerson, flatlining, Hershey, Alex Harring, BofA, Ralph Lauren, Christopher Nardone, Justin Picicci, Corey Van der, Nardone, Picicci, Goldman, Bilibili Goldman Sachs, Lincoln, Kong, Bilibili, Justin Post, Post, Metaverse, Meta, Brian Niccol, Danilo Gargiulo, Gargiulo, Niccol, — Fred Imbert Organizations: CNBC, . Bank of America, Barclays, Bancorp New, Bancorp New York Community, Wall, Hershey, America's, Lincoln Kong, Bank of America, Facebook, Meta, Orion, Taco Bell Locations: Bancorp New York, Wednesday's, Thursday's premarket, Bilibili, U.S
For long term investors we continue to believe they have the best enterprise AI platform and retain our 18-month $500 price target." Truist initiates First Solar as buy Truist said the solar company has a wide moat. " Deutsche Bank reiterates Tesla as buy The firm said it's sticking with its buy rating heading into the company's delivery report in October. UBS reiterates Micron as buy UBS said it's sticking with the stock following earnings on Wednesday. "We are taking the opportunity to reaffirm our positive view on DKNG and up our year-end 2025 price target to $54."
Persons: Goldman Sachs, Goldman, Morgan Stanley downgrades, Morgan Stanley, Oppenheimer, Truist, Tesla, Jefferies downgrades Hershey, Jefferies, it's, Orion, Bernstein, NYCB, Morgan Stanley downgrades Sonos, there's, JPMorgan, Ralph Lauren Organizations: UBS, GE Healthcare, Entertainment, Tencent, Microsoft, Inc, Deutsche Bank, Hershey, Susquehanna, Nvidia, NVIDIA, Nike, Deutsche, Apple, Barclays, Community Bank, Micron, MU, " Bank of America, Meta, Bank of America, SONO, UW, GE Vernova, GE, RL Locations: China
AGI is a distance awayOpenAI's new o1 models make improvements in the ability of AI models to reason. AdvertisementIn some ways, the o1 models do enter OpenAI into a new paradigm. pic.twitter.com/niqRO9hhg1 — Noam Brown (@polynoamial) September 12, 2024Where previous AI models were bottlenecked by the data fed to them during the "pre-training" phase, Brown wrote, o1 models showed that "we can now scale inference". Related storiesJim Fan, a senior research scientist at Nvidia, noted that the technicalities underlying this are what have helped make this fundamental breakthrough of OpenAI's o1 models possible. Uncertainty hovers over how o1 models will perform more broadly.
Persons: , OpenAI, Sam Altman, Noam Brown, niqRO9hhg1 — Noam Brown, Brown, Jim Fan, Fan, Altman, Will Depue, — Sam Altman, Ethan Mollick, it's Organizations: Service, Business, o1, International, pretraining, Nvidia, OpenAI's o1, Wharton Locations: San Francisco
The exterior of a Red Lobster restaurant in Austin, Texas, on May 20, 2024. A bankruptcy court approved Red Lobster's plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. Red Lobster had struggled with increased competition, expensive leases, last year's disastrous shrimp promotion and a broader pullback in consumer spending. Current CEO Jonathan Tibus, who led the company through bankruptcy, will leave Red Lobster. "This is a great day for Red Lobster," Adamolekun said in a statement.
Persons: Damola Adamolekun, Jonathan Tibus, Adamolekun Organizations: Investor Holdings, Holdings, TCW, Fortress Investment Group Locations: Austin , Texas, Canada
CNN —Russian-American journalist Alsu Kurmasheva said she’s “finally being treated as a human being” following her release from Russian detention in a historic prisoner exchange between Washington and the Kremlin last week. “I’ve been waking up from that nightmare,” Kurmasheva told CNN’s Jake Tapper on “The Lead” in her first television interview since her release. Kurmasheva rushed into the arms of her husband and daughters on the tarmac after greeting Vice President Kamala Harris and President Joe Biden. The US-backed Radio Free Europe/Radio Liberty journalist had been detained in October 2023 and found guilty of spreading false information about the Russian army – charges her family and employer deny. Kurmasheva and her husband, Pavel Butorin, have two daughters, including one who turned 13 just minutes after reuniting with her mother.
Persons: Alsu Kurmasheva, she’s “, “ I’ve, ” Kurmasheva, CNN’s Jake Tapper, , Evan Gershkovich, Paul Whelan, Kurmasheva, Kamala Harris, Joe Biden, Pavel Butorin, Tapper, , Pavel, ” Pavel, wasn’t, , Gershkovich, haven’t, Vladyslav, Ihar, Andrey Kuznechyk, Kurmasheva’s, she’s, we’ll, Vadim Krasikov, Biden, Hostage Affairs Roger Carstens, Carstens, Trevor Reed, Brittney Griner, we’ve, We’ve, ” Carstens, ” Sen, Lindsey Graham, Marc Fogel, Fogel, someone’s, Jennifer Hansler Organizations: CNN, Base Andrews, Radio Free, Radio Liberty, Wall Street, RFE, Ukrainian Service, publication’s, publication’s Belarus Service, Belarus Service, ” Hostage, Biden, Hostage Affairs, US, Fox News, South Carolina Republican Locations: American, Washington, Maryland, Radio Free Europe, Russian, Kazan, Moscow, Ankara, , Russia, Crimea, publication’s Belarus, Minsk, Belarus, Germany, Berlin
New York CNN —Bloomberg News took disciplinary action Monday against a “number” of its staffers after the outlet broke an embargo last week on news of the release of several American prisoners held by Russia, including Wall Street Journal reporter Evan Gershkovich. In a memo sent to the outlet’s staff on Monday and obtained by CNN, Bloomberg editor-in-chief John Micklethwait wrote that an initial story, published at 7:41 a.m. News organizations, including CNN, had agreed to hold on to news of the prisoners’ release so as not to endanger the process. Ahead of the prisoner swap, the White House had briefed reporters from multiple news organizations around 8 a.m. ET on the activity, with an embargo time on the news of later that day, according to a person familiar with the matter.
Persons: Evan Gershkovich, John Micklethwait, Gershkovich, , ” Micklethwait, , Emma Tucker, Paul Whelan, Alsu Kurmasheva, Vadim Krasikov Organizations: New, New York CNN, Bloomberg, Wall Street, CNN, News, White, RFE Locations: New York, Russia, US, Turkey’s Ankara, Belarus, Germany
Nearly one year ago, the family of Russian-American journalist Alsu Kurmasheva purchased tickets to Taylor Swift’s Eras Tour in Warsaw, Poland, on Friday as a birthday gift for her daughter Miriam. Now Miriam, who turns 13 on Friday, gets to celebrate a more special gift: her mother’s freedom and safe return. From left, Pavel Butorin, Bibi Butorin, Alsu Kurmasheva, and Miriam Butorin at Joint Base Andrews in Maryland on Aug. 1, 2024. “The Taylor Swift tickets were the original birthday gift for Miriam who turns 13 today. Her original birthday gift were these Taylor Swift tickets, but an even bigger present was her mom returning,” he said.
Persons: Alsu Kurmasheva, Taylor, Miriam, Evan Gershkovich, Paul Whelan —, Joe Biden, Kamala Harris, Pavel Butorin, Bibi Butorin, Miriam Butorin, Roberto Schmidt, ” Ari Goldberg, , Alsu, ” Goldberg, Taylor Swift, , It's, Bibi, Kurmasheva Organizations: Radio Free, Radio Liberty, Wall Street, Marine, Joint Base Andrews, AFP, Getty, today’s, RFE, Inc, NBC Locations: American, Warsaw, Poland, Radio Free Europe, Russia, U.S, Maryland, today’s Warsaw
CNN —A Russian court has sentenced Alsu Kurmasheva, a Russian-American journalist, to six-and-a-half years in prison, state news agency TASS reported Monday. The hearing, which was held behind closed doors, found Kurmasheva guilty of spreading false information about the Russian army, making her just the latest US journalist to be convicted in the country in recent months. When asked about this possibility earlier Monday, spokesman Dmitry Peskov said: “I have no answer to this question. We need her home.”Before her conviction, Butorin told CNN he was “so confident that she would get back to us that I bought Taylor Swift tickets” for August this year. After her passports were taken, she was fined and placed under de facto – and then formal – house arrest for months, before being charged in December.
Persons: Alsu Kurmasheva, Evan Gershkovich, Dmitry Peskov, , , , Stephen Capus, ” Capus, ” Pavel Butorin, Butorin, Taylor Swift, ” Butorin, Kurmasheva, Gershkovich Organizations: CNN, Radio Free, Radio Liberty, RFE Locations: Russian, American, Kazan, Yekaterinburg, United States, Prague, Radio Free Europe, Russia, facto
Investors may not have sufficiently accounted for the impact of stretched consumer finances on the discretionary sector. We'll review the dichotomy going on in the consumer discretionary sector and give a bearish trade on an outperforming stock once thought to be immune from some of the pressures. To some extent, the haves and have-nots divide explains the difference between the consumer discretionary stocks that have outperformed versus underperformed this year. Horton, YTD However, two industry groups within the consumer discretionary sector have not followed this pattern to the same degree. The trade: Chipotle The best-performing restaurant in the consumer discretionary sector so far this year is Chipotle Mexican Grill Inc. (CMG) up a market-crushing 36.8%.
Persons: Roland Garros, Ralph Lauren, Hermes, Versace, Prada, Calvin Klein, Tommy Hilfiger, Van Heusen, Horton, TOL, D.R, Tesla, Darden, YTD, Chipotle Organizations: Monaco, PVH Corp, IZOD, Carnival Corp, CCL, GM, Grill Inc, Darden, Starbucks Locations: Royal Caribbean, Horton
Further upside is in the cards for a slate of stocks, including Nvidia , according to Bank of America. CNBC Pro combed through Bank of America's research for buy-rated stocks that are well positioned for additional gains. In addition to Nvidia, these names include Apple, Nextracker , BJ's Wholesale Club and Ralph Lauren . The stock is up 32% in 2024, but the analyst said investors should take advantage and buy the dip if shares retreat. "Maintain Buy on multi-year upgrade cycle, gross margin upside and secular services growth," the analyst wrote.
Persons: Ralph Lauren, Robert Ohmes, BJ's, Ohmes, BJ, Christopher Nardone, Nardone, Wamsi Mohan, Mohan, … BJ Organizations: Nvidia, Bank of America, CNBC, Bank of, Apple, BJ's Wholesale, Wholesale, RL, Nextracker Inc, NXT, CY27 Locations: Europe, CY24
All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. And the data has been mostly good, with 78% reporting a positive earnings surprise and 60% delivering a positive sales surprise. But we will get earnings from three portfolio companies, including one of our two "own, don't trade" stocks. In the week ahead, three portfolio companies will report results, while it will be fairly slow for economic data, except for a couple of housing reports. Earnings : After a week without earnings from any Club stocks, we'll get three this coming week.
Persons: Dow Jones, Dow, we'll, TJX, Blackwell, Li Auto, James Hardie, Ralph Lauren Corporation, Booz Allen, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Justin Sullivan Organizations: Wall, Federal Reserve, Dow, Nasdaq, CPI, Palo Alto Networks, Palo, TJX Companies, Nvidia, Nexxen, Alto Networks, Video Communications, Trip.com, James Hardie Industries N.V, Nordson Corp, Keysight Technologies, ZIM Integrated Shipping Services, Lowe's Companies, Eagle Materials, Toll, ViaSat, Urban Outfitters, Target Corp, Devices, Dorian LPG, Dycom, Golden Ocean Group, Petco, Wellness Company, Sonoma, WSM, VF Corp, Star Bulk Carriers Corp, LiveRamp Holdings, Chemical & Mining Co, Grupo Supervielle S.A, BJ's Wholesale, Technologies, TD Bank Group, Intuit, Ross Stores, Booz Allen Hamilton Holding, Mesa Laboratories, Jim Cramer's Charitable, CNBC, Intelligence, SAP Center Locations: Palo Alto, Williams, Chile, San Jose , California
Here are six luxury brands that have opened restaurants around the world. Gotham/GC Images/Getty ImagesCoachIn March, Coach opened its first-ever restaurant, called The Coach Restaurant, in Jakarta, Indonesia. The brand opened a second location in Tokyo in 2021, in its seven-story flagship in Ginza. Dior also has the Mediterranean restaurant Dior des Lices in Saint Tropez. At its Paris flagship, the French luxury fashion house has La Pâtisserie Dior and the restaurant Monsieur Dior.
Persons: , Ralph Lauren, Ralph Lauren's, Z, Osmud Rahman, Rahman, what's, Jessica Chastain, Louis Vuitton, Café, Ginza . Louis Vuitton, Arnaud Donckele, Maxime Frédéric, Dior Dior, Dior, Monsieur Dior, Anne, Sophie Pic, Dominique Maître, Gucci Gucci, Gucci Osteria, Massimo Bottura, Tiffany, Daniel Boulud Organizations: Service, Business, Toronto Metropolitan University's School of Fashion, Canadian, Globe, Michigan, Polo, Polo Bar, New, New York, Ginza . Louis, Louis, Dior, Kansai International Airport, Dior des Lices, Paris, Michelin, Penske Media, Getty, Tiffany, Co, South, Harrods Locations: Chicago, millennials, New York City, York, Miami , Virginia, New York, Milan, Paris, Chengdu, China, Midtown, Jakarta, Indonesia, Jakarta's Grand, Osaka, Japan, Tokyo, Ginza ., Saint Tropez, Bangkok, Thailand, Europe, US, Asia, Seoul, Miami, Florence, Italy, Italian, Beverly Hills, The Florence, Tiffany, South Coast, Costa Mesa , California, London
His remarks about French soldiers defending Ukraine are among the most hawkish by a Western leader. AdvertisementFrance's President Emmanuel Macron reaffirmed that he would consider sending French troops to Ukraine, and spelled out the conditions in which this could place. He added that if Russia defeats Ukraine it would then likely seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine were among the most hawkish by a Western leader. The Kremlin's spokesman, Dmitry Peskov, in response to Macron's earlier remarks, said that deploying NATO troops to Ukraine would lead to war between Russia and the alliance.
Persons: Emmanuel Macron, , Macron, Vladimir Putin, I'm, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, RFE, RL, Business Locations: Ukraine, France, Russian, Europe, Russia
Microsoft's OpenAI investment may have been prompted by concerns over Google's AI progress. In a 2019 email, a Microsoft exec said he was "very, very worried" about Google's AI capabilities. AdvertisementIn 2019, Microsoft became "very, very worried" about Google's AI capabilities, newly unearthed emails show, and that may have been what spurred it to invest in OpenAI. In one lengthy email, Microsoft's chief technology officer Kevin Scott told Satya Nadella and Bill Gates that Google's AI-powered "auto-complete in Gmail" was "getting scarily good." Related storiesIn 2019, Microsoft made an initial $1 billion investment into its now multi-billion partnership with OpenAI.
Persons: , Kevin Scott, Satya Nadella, Bill Gates, Nadella, Amy Hood, Bard, Scott, OpenAI, BERT Organizations: Microsoft, Google, Service, Department, Business, OpenAI, Bing Locations: OpenAI
Bank of America reiterates Tesla as buy Bank of America said it's standing by its buy rating on the electric-vehicle maker. "We maintain our Buy rating and raise our PT from $1100 to $1,150." "We are initiating coverage of Live Nation with a Buy rating and $120 price target." "We are initiating coverage on EE with an Overweight rating." "We are initiating coverage of Integral Ad Science with a Buy rating and a $15 price target."
Persons: Tesla, TSLA, Morgan Stanley, Oppenheimer, Raymond James, Mizuho, Airbnb, Coinbase, Needham, Stephens, Jefferies, Ralph Lauren, Chegg Organizations: Argus, Boeing, " Bank of America, Bank of America, UBS, Nvidia, Dyne, JPMorgan, Catalyst Watch, Apple, Mizuho, Citi, BTC, Ethereum, Paramount, CBS, Deutsche Bank, Deutsche, Excelerate Energy, Stephens, Barclays, UMB, Corp, Contineum Locations: Base, Kansas City
Atlanta CNN —A Russian court has extended the detention of US-Russian journalist Alsu Kurmasheva, Russian state news agency TASS reported from the courtroom Monday. According to independent Russian media outlet SOTA Vision, Kurmasheva has been in detention since October. Her lawyer, Edgar Matevosyan, said she was not guilty and planned to appeal, SOTA Vision also reported. He has yet to face trial, and his pre-trial detention was extended last week until June 30. One of those reporters, Antonina Favorskaya, employed by SOTA Vision, has been accused of “extremist activities” because of her coverage of the late Russian opposition leader Alexey Navalny, according to Reporters Without Borders.
Persons: Alsu Kurmasheva, Kurmasheva, Edgar Matevosyan, Vladimir Putin, , Evan Gershkovich, Gershkovich, Antonina Favorskaya, Alexey Navalny, Anna Cooban Organizations: Atlanta CNN, Radio Free, Radio Liberty, RFE, TASS, Wall Street, SOTA, Borders Locations: Russian, Radio Free Europe, US, Kazan, Czech Republic, Russia, Tatarstan, Bashkortostan, Ukraine, London
Their state appeared designed to create an impression of aggression and brutality, showing the consequences of crossing the Russian authorities. Though the brutality of Russia's security services has long been known, never has it been so brazenly paraded, say analysts. "It was no secret that Russian security agencies torture people, mutilate suspected terrorists and generally practice all known ways of extracting information. AdvertisementThe abuse of terror suspects in Russia has been documented before. But the treatment of the Moscow terror suspects seems to mark a new milestone in the normalization of brutality by officials in Putin's Russia.
Persons: , Mukhammadsobir Faizov, Dalerdzhon, Saidakrami Rachabalizoda, Shamsidin, Vladimir Putin, Mirzoyev, Rajabalizoda, Fariduni, mutilate, Anton Barbashin, Akram Azimov, Abror, lionized, Andrei Soldatov, Russia's Wagner, Kenneth Roth Organizations: Service, Business, CNN, Nazi, RFE, Human Rights Watch, St, New York Times, UN, Moscow ISIS, Kremlin, Human Rights Locations: Moscow, Tajikistan, Russia, St Petersburg, Ukraine, Putin's Russia
A US combat nurse told BI that Russia recently captured Avdiivka due to a "numbers game." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Recently, Maciorowski helped evacuate Ukrainian soldiers from Avdiivka, which fell to Russia in February, having first arrived in the strategic city in October 2022. "Russia had way more resources, way more artillery, way more drones, way more troops." AdvertisementMembers of Ukraine's National Guard Omega Special Purpose fire an SPG-9 anti-tank grenade launcher toward Russian troops in the front line town of Avdiivka.
Persons: Rebekah Maciorowski, Maciorowski, , it's, Avdiivka Maciorowski, Avdiivka, Biden, Jens Stoltenberg, Olivier Hoslet, ", Stoltenberg, Kostya Organizations: Service, Ukraine's National Guard Omega, RFE, White, GOP, Institute for, NATO, Department for Ukraine, Getty Locations: Russia, Ukraine, Denver, Avdiivka, Donetsk, Brussels, Bakhmut
3-Stock Lunch: WYNN, PYPL & RL
  + stars: | 2024-02-08 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: WYNN, PYPL & RLEva Ados, ERShares CIO, joins 'Power Lunch' to discuss three stock plays including: Wynn Resorts, PayPal Holdings and Ralph Lauren.
Persons: WYNN, Eva Ados, Ralph Lauren Organizations: PYPL, ERShares, Wynn Resorts, PayPal Holdings
CNBC's Jim Cramer sees Ralph Lauren as the name is apparel to own, given the strength of the company's timeless brand. Shares of Ralph Lauren rallied 14% after the premium apparel, accessories, and fragrance company delivered an upbeat quarter before the opening bell Thursday. "Don't just take this pop" in Ralph Lauren, Cramer said Thursday. It's not a one-and-done quarter for Ralph Lauren, Cramer said. Cramer said Ralph Lauren CEO Patrice Louvet has figured out how to keep consumers interested despite the global macro challenges that have weighed on consumers.
Persons: CNBC's Jim Cramer, Ralph Lauren, Cramer, It's, Estee Lauder, Patrice Louvet Organizations: CNBC, Club Locations: Asia, China
KAZAN, Russia (Reuters) - A Russian court on Thursday extended the pre-trial detention of Alsu Kurmasheva, a Russian-American journalist who is accused of violating a law on "foreign agents". A Reuters reporter in court in the city of Kazan said Kurmasheva's custody was extended until April 5. Kurmasheva is the second U.S. journalist to be arrested and charged in Russia since the start of the Ukraine war in February 2022. According to court documents, Kurmasheva was fined 10,000 roubles ($103) on Oct. 11 for failing to register her U.S. passport with Russian authorities. That case has yet to come before the Kazan court.
Persons: Alsu, Evan Gershkovich, Kurmasheva, Kurmasheva's, Pavel Butorin, Paul Whelan, Mark Trevelyan, Guy Faulconbridge Organizations: Reuters, Radio Free, Radio Liberty, RFE, U.S . Congress, Wall Street, U.S, Kurmasheva, ., The State Department, Wall Street Journal Locations: KAZAN, Russia, Russian, American, Kazan, Prague, Radio Free Europe, Ukraine, Washington
REUTERS/Alexey Nasyrov Acquire Licensing RightsKAZAN, Russia, Dec 1 (Reuters) - A Russia court extended the detention of Russian-American journalist Alsu Kurmasheva on Friday as she awaits trial for failing to register as a "foreign agent". The court in the city of Kazan prolonged her detention untilFeb. 5. Kurmasheva holds both U.S. and Russian passports, and entered Russia on May 20 to deal with a family emergency, RFE/RL said. According to court documents, Kurmasheva was fined 10,000 roubles ($103) on Oct. 11 for failing to register her U.S. passport with Russian authorities. Kurmasheva is the second U.S. journalist detained in Russia since the start of the war in Ukraine.
Persons: Alsu Kurmasheva, Alexey Nasyrov, Jeffrey Gedmin, Alsu, Kurmasheva, Evan Gershkovich, Gershkovich, Joe Biden, Felix Light, Mark Trevelyan Organizations: Radio Free, Radio Liberty, RFE, REUTERS, Rights, U.S . Congress, Wall, U.S, Reuters, Thomson Locations: American, Radio Free Europe, Kazan, Russia, Prague, Ukraine, U.S, Moscow
President Vladimir Putin is urging Russians to have more children. Russian birthrates are falling amid war in Ukraine and a deepening economic crisis. AdvertisementRussian President Vladimir Putin is urging women to have as many as eight children after so many Russians are dying in his war with Ukraine, worsening the country's spiraling population crisis. "Many of our grandmothers and great-grandmothers, had seven, eight, or even more children," said Putin. The war in Ukraine has led an estimated 900,000 people to flee the country.
Persons: Vladimir Putin, Putin, , Le Monde, Alexei Raksha Organizations: Service, Russian People's Council, UK's Ministry of Defence, Ukraine, AFP, RFE Locations: Ukraine, Moscow, Russia, Meduza, Rosstat
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