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CNN —With less than two weeks until the first presidential debate of the 2024 election cycle, CNN has released additional details on the parameters agreed upon by the Trump and Biden campaigns. Both candidates agreed to appear at a uniform podium, and their podium positions will be determined by a coin flip. In order to meet CNN’s qualifications for the debate, candidates must satisfy the requirements outlined in Article II, Section 1 of the US Constitution to serve as president. Both Biden and Trump meet those requirements, as do Robert F. Kennedy Jr., Cornel West and Jill Stein, who are running on non-major-party tickets. Though not impossible in Kennedy’s case, it is less likely that candidates other than Biden and Trump will meet those requirements.
Persons: CNN’s Jake Tapper, Dana Bash, Joe Biden, Donald Trump, Robert F, Kennedy Jr, Cornel West, Jill Stein, Trump, Kennedy Organizations: CNN, Trump, Biden, Federal, Commission, ABC News, CBS News, Fox News, Marquette University Law School, Monmouth University, NBC News, The New York Times, Siena College, NPR, PBS, Marist College, Quinnipiac University, The, Street, The Washington Post, Electoral Locations: Atlanta
Opinion: The fanatical Hamas leader who calls the shots
  + stars: | 2024-06-14 | by ( Peter Bergen | ) edition.cnn.com   time to read: +7 min
CNN —In February, the Israeli Defense Forces released a grainy video showing the back of a man they identified as Yahya Sinwar, Hamas’ leader in Gaza. Since the video didn’t show Sinwar’s face, there was no independent confirmation that the shadowy figure was indeed the Hamas leader. Former Israeli dentist Yuval Bitton, who treated Hamas leader Yahya Sinwar in an Israeli prison, speaks during an interview in his house in Kibbutz Shoval, Israel, February 5, 2024. While he was in prison, Sinwar admitted that he had killed several Palestinians who he believed were collaborating with the Israelis. While he was in prison, Sinwar became the leader of his fellow Hamas inmates, according to The Washington Post.
Persons: Peter Bergen, , Osama bin Laden, CNN —, Yahya Sinwar, It’s, Sinwar, Ali Jadallah, Joe Biden, hasn’t, ” Sinwar, Yuval Bitton, Amir Cohen, Bitton, Peter Bergen Sinwar, Biden, Antony Blinken, , Gilad Shalit Organizations: New, Arizona State University, Apple, Spotify, CNN, Israeli Defense Forces, Anadolu Agency, Getty, Hamas, Wall Street, New York Times, Reuters, Israel Hayom, The Washington Post, Sinwar, Israel, Gaza Health Ministry Locations: New America, Gaza, Israel, Gaza City, East, Kibbutz Shoval, Israeli
Learning to ask AI the right questions is important for young consultants, McKinsey exec says. The McKinsey exec told one intern to learn to be a great 'prompt engineer.' AdvertisementStanding out in a summer internship these days boils down to one thing — learning to talk to AI. At least, that's the advice McKinsey's chief client officer, Liz Hilton Segel, gave one eager intern at the firm. "My advice to her was to be an outstanding prompt engineer," Hilton Segel told The Wall Street Journal.
Persons: McKinsey, , Liz Hilton Segel, Hilton Segel Organizations: McKinsey, Service, Wall Street Journal
Read previewThe Line — a part of Neom that comprises two mirrored skyscrapers — is one of the most famous regions of the planned megacity. Andreas Krieg, a Gulf specialist at the Institute of Middle Eastern Studies at King's College London, called plans for The Line "completely ludicrous." "The Line is a project that is not sustainable; it's a completely ludicrous megaproject that was never realizable because of the sheer cost of it," he told Business Insider. Executives working on Neom reportedly have dismissed the official Suadi figure of $500 billion as unrealistically low. "The world has never seen anything like The Line," Krieg said.
Persons: , Andreas Krieg, Krieg, Neom, Peter Cook Organizations: Service, Business, Institute of Middle Eastern, King's College London, Bloomberg, Wall Street, Architects Locations: Neom, Saudi, Gulf, British
Read previewChina's State Security Ministry said on Thursday that a retiree had somehow secured four volumes of confidential military documents at a recycling store for just 85 cents. According to the post, Zhang is a former employee of a state-owned enterprise and collects military newspapers and magazines as a hobby. Related storiesThe State Security Ministry said agents rushed to Zhang's home and seized the documents. AdvertisementUpon investigating the scrap store, the state security ministry discovered that Zhang's purchase had been part of eight volumes of 200 secret documents marked for disposal, the post reads. China's State Security Ministry has, in recent months, regularly urged the public to assist in reporting foreign espionage.
Persons: , Grandpa Zhang, Zhang, Guo, Li, William Burns rankled, We've, Burns Organizations: Service, Security Ministry, Business, State Security Ministry, China's State Security Ministry, CIA, Street Journal . Locations: Beijing, China, William Burns rankled Beijing, Colorado, Street Journal . China
The White House will nominate markets regulator Christy Goldsmith Romero as Federal Deposit Insurance Corporation chair imminently as it targets the week of July 8 for her first hearing, a person with direct knowledge of the matter said on Wednesday. The White House will nominate markets regulator Christy Goldsmith Romero as Federal Deposit Insurance Corporation chair imminently as it targets the week of July 8 for her first hearing, a person with direct knowledge of the matter said on Wednesday. The White House declined comment. She had been lined up for the Treasury role before Gruenberg succumbed last month to political pressure to resign. Punchbowl News earlier on Wednesday reported that the White House would announce Romero's nomination on Thursday.
Persons: Christy Goldsmith Romero, Sherrod Brown, Joe, Goldsmith Romero, Martin Gruenberg, Kristin Johnson, Spokespeople, Brown, Johnson, Goldsmith Romero's, Gruenberg Organizations: Federal Deposit Insurance Corp, Federal Deposit Insurance Corporation, imminently, White House, Democratic, Banking, U.S, Commodity Futures Trading Commission, Treasury Department, Treasury, FDIC, Labor, Street, Punchbowl Locations: Washington , DC, Washington
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk seems to be taking a page out of Donald Trump's playbook. This story is available exclusively to Business Insider subscribers. Musk admitted in his March interview with Don Lemon that he takes a "small amount" of ketamine every other week. Representatives for Musk didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Elon, Donald Trump's playbook, Trump, Musk, David Sacks, Chamath Palihapitiya, they've, Zuck, Mark Zuckerberg, Sam Altman, There's, Don Lemon, Lemon, Musk didn't Organizations: Service, White, Business, Tesla, SpaceX, Wall Street, Trump, Reuters, Republican, OpenAI, Microsoft, Representatives Locations: San Francisco
New York CNN —President Joe Biden has nominated Christy Goldsmith Romero as chair of the Federal Deposit Insurance Corporation. Goldsmith Romero, a Democrat, served as special inspector general for the Troubled Asset Relief Program at the Treasury Department that was borne out of the Great Recession. As incoming head of the FDIC, she will largely be viewed as the figure responsible for fixing the longstanding problematic culture at the agency. An independent investigation commissioned by the FDIC released in early May confirmed the Wall Street Journal’s reporting from last year. Gruenberg’s exitUnder pressure from the top-ranking Democrat on the Senate Banking Committee, Sherrod Brown of Ohio, Gruenberg announced he would vacate the position once a new chair is confirmed.
Persons: Joe Biden, Christy Goldsmith Romero, Martin Gruenberg, Goldsmith Romero, Goldsmith Romero “, , , wrongdoers, Sherrod Brown of, Gruenberg, Travis Hill Organizations: New, New York CNN, Federal Deposit Insurance Corporation, Democrat, Troubled Asset, Treasury Department, FDIC, , Senate Banking, Republican Locations: New York, , Gruenberg’s, Sherrod Brown of Ohio
For many college students, attending a prestigious Ivy League school is a dream come true. But many commentators and admissions experts now have a slightly wider view of schools that are on par with the Ivy League. These days, several colleges, including Stanford University, are known as "Ivy-Plus" schools. For the 2024-25 school year, tuition alone at Stanford costs $65,127. Here's how much students typically pay to go to Stanford.
Organizations: Ivy League, Stanford University, Stanford, Massachusetts Institute of Technology, The University of Chicago, Duke University, Ivy, U.S . News Locations: U.S
It's always sunny at Business Insider when "Welcome to Wrexham" star Rob McElhenney is around. In today's big story, we're looking at the drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today . As funny as that sounds, the battle over Elon Musk's pay package is no joke. One longtime Tesla investor said the EV maker is " kind of the bottom of the pecking pole of Elon's companies ." Vote here on if you're for or against Musk's pay package .
Persons: , Rob McElhenney, Elon, Apu Gomes, Chelsea Jia Feng, Insider's Grace Kay, they're, he's, Brooks Kraft, Musk, it's, Gwynne Shotwell, Somodevilla, Blackstone, Dan Ives, Araya Doheny, Patrick Fallon, Jenny Chang, Rodriguez, Henrik, Fisker, VCs, that's, whittle, Mark Zuckerberg, de Haro, Gen Zers, Mike Verdu, Slack, Brad Smith, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Elon, Getty, Retail, Brooks Kraft LLC, Nvidia, Tesla, Wall, SpaceX, Federal Reserve, Big Apple, Apple, Microsoft, BI, Adobe Locations: Wrexham, Delaware, Tesla, Manhattan, New York, London
CNN —Russian prosecutors have sent the espionage case against the jailed American journalist Evan Gershkovich to court, accusing him of spying for the CIA. Gershkovich, the US government and his employer, the Wall Street Journal, have vehemently denied the charges against him. Less than two weeks after his arrest, Gershkovich was designated as wrongfully detained by the US State Department, which called for his immediate release. Ex-Marine Paul Whelan was arrested in 2018 and is also designated as wrongfully detained. Russian-American journalist Alsu Kurmasheva was detained in June 2023, Russian-American ballerina Ksenia Karelina was arrested in January, and American teacher Marc Fogel was arrested in August 2021.
Persons: Evan Gershkovich, General’s, , Gershkovich, “ Gershkovich, Paul Whelan, Alsu Kurmasheva, Ksenia Karelina, Marc Fogel Organizations: CNN, CIA, Wall Street, US State Department Locations: American, Yekaterinburg, Russian, Moscow’s, Russia
Russian prosecutors announced a major step on Thursday in their case against the imprisoned American journalist Evan Gershkovich, saying they had finalized the espionage indictment against him and that he would be tried in the Russian city of Yekaterinburg, where he was arrested more than a year ago. The Russian authorities have suggested that they could be open to a prisoner swap for Mr. Gershkovich, a reporter for The Wall Street Journal, but only after a verdict is handed down. The detention of Mr. Gershkovich, the first American journalist arrested on a spying charge since the end of the Cold War, highlighted the extent to which Russia’s invasion of Ukraine has damaged relations between Moscow and Washington. In a statement, the prosecutors said they had determined and confirmed that “under instructions from the C.I.A.” and “using secrecy methods,” Mr. Gershkovich “was collecting secret information” about a factory that produces tanks and other weapons in the Sverdlovsk region.
Persons: Evan Gershkovich, Gershkovich, Mr, Gershkovich “ Organizations: Wall Street Locations: American, Russian, Yekaterinburg, Ukraine, Moscow, Washington, Sverdlovsk
Beirut, Lebanon CNN —The fate of the 120 remaining hostages in Gaza is crucial to any deal to end the protracted and bloody conflict between Israel and Hamas. But a senior Hamas official has told CNN that “no one has an idea” how many of them are alive, and that any deal to release them must include guarantees of a permanent ceasefire and the complete withdrawal of Israeli forces from Gaza. People walk among debris, aftermath of Israeli strikes at the area, where Israeli hostages were rescued on Saturday, in Nuseirat refugee camp in central Gaza, on Sunday, June 9. Hamas' Gaza chief Yahya Sinwar attends a meeting with members of Palestinian groups in Gaza City on April 13, 2022. Israel believes that more than 70 hostages of the more than 100 who are still held in Gaza to be alive.
Persons: Osama Hamdan, Yahya Sinwar, Antony Blinken, Sinwar, Hamdan, Joe Biden, Blinken, ” Blinken, Abed Khaled, , Israel, Benjamin Netanyahu, Netanyahu “, Jack Guez, ” Sinwar, Ali Jadallah, Netanyahu, , Organizations: Lebanon CNN, Hamas, CNN, NBC, , Wednesday, United Nations Security, Reuters, White, Israel Defense Forces, European Union, Anadolu Agency, Getty, Israel, Wall, IDF Locations: Beirut, Lebanon, Gaza, Israel, Lebanese, Doha, Israeli, Jerusalem, AFP, United Kingdom, Hamas, Gaza City, American
National Amusements has stopped talks with Skydance on a proposed merger with Paramount Global , CNBC's David Faber reported Tuesday. The deal had been awaiting signoff from Redstone, CNBC previously reported. She has approved of their ideas and leadership during their short tenure, CNBC previously reported. This is why it was no surprise when Paramount and Skydance agreed to merger terms earlier in June, CNBC reported. Under those terms, which were still being ironed out up until Tuesday, Redstone would have received $2 billion for National Amusements, CNBC reported.
Persons: Skydance, CNBC's David Faber, Shari Redstone, David Ellison's Skydance, Spokespeople, Redbird, It's, George Cheeks, Chris McCarthy, Brian Robbins, Bob Bakish, Paramount's Organizations: Paramount Studios, Amusements, Paramount Global, Paramount, RedBird Capital, KKR, CNBC, National Amusements, Street, CBS, Paramount Media Networks, Paramount Pictures, Redstone, Apollo Global Management, Sony, Skydance Locations: Los Angeles , California, Redstone
Informatica , a U.S.-listed software developer, is well-positioned to benefit from the rise of artificial intelligence, according to analysts at Scotiabank. The California-headquartered firm last month launched its AI model — CLAIRE GPT — which is designed to help businesses use their data for generative AI applications. Generative AI, or GenAI, is the technology behind the hugely popular chatbot ChatGPT and other similar products. According to FactSet, the average price target of 16 analysts points to a 39% upside for the stock. RBC Capital analysts expect the stock to rise by 43% to $41 a share over the next 12 months.
Persons: CLAIRE GPT, Patrick Colville, FactSet, Matthew Hedberg, Salesforce Organizations: Scotiabank, The, RBC Capital, Microsoft, Data Management, RBC, Wall Street Journal Locations: Informatica, U.S, The California, Snowflake
The goal for Hamas is to survive, these sources say — that would be victory for the group. Sinwar likely believes Hamas can hold out while Israel’s global standing deteriorates as the war in Gaza, which has killed thousands of civilians, continues. For US negotiators pursuing a ceasefire deal between Hamas and Israel, it’s a discouraging assessment. Both Sinwar and Hamas’ top military official, Mohammed Deif, are still alive. He was elected to Hamas’ main decision-making body, the Politburo, in 2017 as the political leader of Hamas in Gaza.
Persons: Yahya Sinwar, he’s, it’s, Antony Blinken, Blinken, Sinwar, ” Blinken, ” Sinwar, , John Kirby, Mohammed Deif, , Organizations: CNN, Biden, Street, National Security, , Hamas, European Council, Foreign Relations Locations: Gaza, Israel, Tel Aviv, Gulf, Qatar
He appeared to justify the deaths of Palestinian civilians as a “necessary sacrifice” according to the messages. In recent weeks, Ireland, Spain, Norway and Portugal, all frustrated Netanyahu won’t agree a peace deal, have formally recognized Palestinian statehood. The war Sinwar started has taken Palestinian suffering to the next level – and Netanyahu has played right into it. Sinwar’s power amid the war seems to be becoming part of the perceived wisdom about Gaza and the war. And if past experience is any measure, he will likely gamble that he can play mind games better than Netanyahu.
Persons: CNN — Yahya Sinwar, , Benjamin Netanyahu, Sinwar, Israel, Netanyahu, hasn’t, they’d, they’ve, Biden, Netanyahu won’t, belligerence, Antony Blinken, , Sinn Fein Organizations: CNN, Israel, Wall Street, ICC, Hamas, Democratic, Northern Locations: Israel, United States, Europe, Gaza, Palestinian, Saudi Arabia, Ireland, Spain, Norway, Portugal, Rafah, Doha, Iran, Turkey
Biden Nears Pick for Next F.D.I.C. Chair
  + stars: | 2024-06-11 | by ( Emily Flitter | ) www.nytimes.com   time to read: +1 min
Three weeks after President Biden vowed to pick a new leader for the Federal Deposit Insurance Corporation, the bank regulator shaken by a vast workplace abuse scandal, a front-runner has emerged: Christy Goldsmith Romero, who sits on the five-member Commodity Futures Trading Commission, according to two people with knowledge of the administration’s thinking. Ms. Goldsmith Romero is a lawyer who, after the financial crisis, spent more than 12 years in an office created by Congress to investigate fraud and other misconduct by banks that received money from the government’s roughly $450 billion crisis rescue package, the Troubled Asset Relief Program. From 2011 to 2022, Ms. Goldsmith Romero led the office as the special inspector-general for the program. Mr. Biden has not made a final decision. Ms. Goldsmith Romero’s position as the front-runner for the job was first reported by The Wall Street Journal.
Persons: Biden, Christy Goldsmith Romero, Goldsmith Romero, Goldsmith Organizations: Federal Deposit Insurance Corporation, Futures Trading Commission, Troubled Asset, Wall Street
New York CNN —Although the future of the NBA on TNT remains uncertain, the cable network will at least have tennis. Under the “new expansive deal,” all roughly 900 matches will air live on the streaming platform Max, with featured matches on TNT and TBS and a new whip-around show on truTV. WBD already has an existing relationship with Roland-Garros since it began broadcasting the tennis tournament across Europe on Eurosport since 1989. The Tennis Channel stepped in to air more matches in 2006, splitting the rights with NBC. Tennis has seen its popularity and ratings grow in the past few years, which could help WBD’s sport portfolio.
Persons: “ Roland, Garros, , Luis Silberwasser, WBD, Roland Organizations: New, New York CNN, NBA, TNT, Warner Bros, French, TBS, Variety, TNT Sports, CNN, Eurosport, Roland, Garros, NBC, Tennis, NHL, MLB, Amazon, Wall Street, ESPN Locations: New York, Europe, Paris
“We have the Israelis right where we want them,” Sinwar told Hamas’ political leadership in Qatar recently, according to one of the messages, the WSJ reported Monday. The date of the message isn’t clear but suggests that Sinwar is pressing for the war to continue. “Israel’s journey in Rafah won’t be a walk in the park,” Sinwar allegedly said in a message to the Hamas political leadership. CNN has not seen the leaked messages viewed by the WSJ and is not able to confirm the authenticity of the communications. The landmark vote means the UNSC now joins other major global bodies in backing the plan, increasing international pressure on both Hamas and Israel to end the conflict.
Persons: Yahya Sinwar, ” Sinwar, Sinwar, , Israel, Joe Biden, Antony Blinken, ” Blinken, , Prophet Muhammad, , Biden, Benjamin Netanyahu Organizations: CNN, Palestinian, Wall Street, Sinwar, WSJ, United Nations Security, Monday’s, Russia, UNSC, US Locations: Israel, Gaza, Qatar, Algeria, Rafah, Karbala, Iraq
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple debuts 'Apple Intelligence', new partnership with OpenAI: Here's what to knowJoanna Stern, Wall Street Journal personal technology columnist, joins 'Squawk Box' to discuss the key takeaways from Apple's annual Worldwide Developers Conference keynote, the company's generative AI plans, why one of the planned AI features irked Elon Musk, and more.
Persons: Joanna Stern, irked Elon Musk Organizations: Apple Intelligence, OpenAI, Wall Street, Developers
Holmes was sentenced to 11 years in prison for defrauding investors in her failed blood-testing company, Theranos. She is seeking a new trial, arguing that the judge in her case erred in several decisions during the 2022 proceedings. Since her conviction, her projected release date from prison has been moved up, shaving about two years off her sentence. Theranos’ unraveling, and Holmes herself, became the subject of a bestselling book, a Hulu scripted series and an award-winning documentary. Holmes knowingly concealed the technology’s problems, and still pushed to get the company’s Edison devices into pharmacies, prosecutors argued.
Persons: Elizabeth Holmes, Holmes, Stanford, Steve Jobs, Larry Ellison, Rupert Murdoch, Ramesh “ Sunny ”, “ Holmes, Balwani, Holmes ’, Theranos, , Edward Davila, Balwani “, laywers, , Agustin Orozco, Crowell, Orozco Organizations: New, New York CNN, California’s, Circuit, Wall Street, Prosecutors, Moring Locations: New York, California, Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy people are closely watching Apple's annual Worldwide Developer's ConferenceCNBC's Steve Kovach and Tim Higgins, Wall Street Journal Business Columnist, joins 'Power Lunch' to discuss the expectation from consumers and investors from Apple's WWDC.
Persons: Steve Kovach, Tim Higgins Organizations: Wall Street Locations: Apple's
Apple tries to close the A.I. leaders, like Nvidia and Microsoft, have soared since OpenAI introduced ChatGPT in November 2022. Big Tech C.E.O.s have fallen over themselves to show they are in the race. But Apple hasn’t yet introduced a new A.I. (The New York Times has sued OpenAI and Microsoft over use of copyrighted articles related to A.I.
Persons: Apple, Tim Cook, Apple’s, OpenAI Organizations: Apple’s Worldwide, Apple, Nvidia, Microsoft, Big Tech, Wall Street Journal, New York Times Locations: China
DraftKings — The sports betting stock added 1.8% after Morgan Stanley reiterated its overweight rating and said shares were again worthy of a top-pick designation. Morgan Stanley said the stock can rally despite concerns around Illinois' legalization of a sports betting tax. Nvidia — Shares were marginally lower ahead of the chipmaker stock's first day of trading after its 10-for-1 stock split . Planet Fitness — Stock in the fitness center chain advanced about 4% on the heels of an upgrade from Jefferies earlier on Monday. Analyst Randal Konik said "the stars have aligned" for Planet Fitness stock, adding that he expects strong franchise unit growth in 2025.
Persons: GoDaddy, Robert Half, Dow, Morgan Stanley, Joseph Moore, Randal Konik, — CNBC's Michelle Fox, Alex Harring, Jesse Pound Organizations: KKR, CrowdStrike, Comerica, Dow Jones, Dell Technologies, Palantir Technologies, AMD —, Nvidia —, Southwest Airlines —, Street Journal, Elliott Investment Management, Carvana, JPMorgan, Energy Global, Jefferies, Fitness Locations: Illinois
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