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☆ Why Trump is trying to outrage Washington with his controversial Cabinet picks
▼ + stars: | 2024-11-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Donald Trump’s increasingly provocative Cabinet picks have left some Republican senators aghast and Washington in shock. The dismay engulfing establishment elites contrasted with the euphoria rocketing through conservative networks and social media among Trump fans. News that Hegseth had been picked to lead the Pentagon rocked Washington the night before the Gaetz pick and sparked similar questions about Trump’s motives. And she was accused of “parroting” false propaganda from America’s premier espionage adversary, Russia, by no less than Utah GOP Sen. Mitt Romney. Not all Trump’s picks are contentious.

Persons: Donald Trump’s, aghast, Florida Republican Matt Gaetz —, Justice Department —, Tulsi Gabbard, Trump’s MAGA, Pete Hegseth, Geraldo Rivera, Gaetz —, Trump, ‘, Anthony Scaramucci, CNN’s Jake Tapper, Pennsylvania Democratic Sen, John Fetterman, CNN’s Manu Raju, “, —, Gaetz, Elie Honig, Hegseth, Gabbard, ”, Bashar al, Assad, Utah GOP Sen, Mitt Romney, Florida Sen, Marco Rubio, Rubio, Alaska Sen, Lisa Murkowski, Maine Sen, Susan Collins, Iowa Republican Sen, Joni Ernst, South Dakota Sen, John Thune, Thune, Matt Gaetz, Alabama Sen, Tommy Tuberville, Republicans — you’re, ” Tuberville, acquiesce Organizations: CNN, Florida Republican, Justice Department, Democratic, Fox News, Trump, Senate, Pennsylvania Democratic, Gaetz, FBI, CNN International ., Pentagon, Fox, Defense Department, Utah GOP, GOP, Republican Trump, Iowa Republican, South Dakota, Republican, Republicans, Pennsylvania Senate, Treasury, Health, Human Services, Republican Senate Locations: Washington, Florida, Pennsylvania, Russia, America, Iraq, Afghanistan, Hawaii, Utah, China, Alaska, South, Alabama

Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. "Our primary focus is #Bitcoin," Dorsey proclaimed on Twitter. The name of the business unit would be TBD. Block called it Web5 and said the mission was to create a more decentralized, secure and private internet. Dorsey said in a tweet in mid-2022 that Web5 "will likely be our most important contribution to the internet."

Persons: Jack Dorsey, Shiba Inu, bitcoin, Dorsey, Amrita Ahuja Organizations: Twitter Inc, Twitter, Square Inc Locations: Miami , Florida, U.S

☆ Walmart's founder famously descended from the sky to check on stores. A store manager explained what it was like.
▼ + stars: | 2024-10-05 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Robert Doyle, a store manager in Texas, experienced one such drop-in firsthand in the 1980s. As a new assistant manager, Doyle told BI he thought someone was playing a practical joke on him. Robert Doyle, now a store manager in Texas, told Business Insider he experienced such a visit firsthand in the 1980s. A photo of Walmart founder Sam Walton speaking to employees is displayed at the Walmart Museum in Arkansas. A photo of Walmart founder Sam Walton's book "Made in America" is displayed at the Walmart Museum in Arkansas.

Persons: Walmart's Sam Walton, Robert Doyle, Doyle, —, Sam Walton, Walmart Doyle, Hey Robert, Sam, Gilles Mingasson, Walton's, VPI, Walton, Sam Walton's, Kurt Barnard, Barnard, Doug McMillon's, Helene, Doug, I'd Organizations: Service, Walmart, Sam's Club, Walton, Walmart Museum, Associated Press Locations: Texas, Bentonville, Arkansas, America, Augusta , Georgia, Cibolo , Texas

☆ 3 reasons why recession alarms are flashing a false positive, market vet says
▼ + stars: | 2024-08-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Fresh anxiety might also spring from the fact that the yield curve is finally disinverting, which is a recessionary signal on its own. "In other words, the Credit Crisis Cycle may be on pause this time." AdvertisementStable credit conditions also contradict a typical reason for why the yield curve inverted in the first place. They are usually correct, Yardeni noted, but not this time around. AdvertisementBut when this happens, shorter-term Treasurys typically roll off quicker than longer ones, Yardeni noted.

Persons: —, Ed Yardeni, Yardeni Organizations: Service, Business, Federal Reserve, Federal, Valley Bank, ICE

GLENDALE, Ariz. — Vice President Kamala Harris made immigration a key component of her stump speech Friday night during a packed rally in a Phoenix suburb after making no mention of the topic during rallies this week in Michigan and Wisconsin. “We will move forward and take on the biggest issues facing our nation, for example, the issue of immigration,” Harris told the crowd of supporters. Harris has faced intense scrutiny on immigration from the Trump campaign since rocketing to the top of the Democratic ticket. Vice President Kamala Harris and running mate Gov. Ross D. Franklin / APSince launching her presidential bid, Harris has touched on immigration during past visits to Sun Belt states.

Persons: Kamala Harris, “, ” Harris, Harris, Donald Trump, “ Donald Trump, ”, Trump, Biden, Gov, Tim Walz, Sen, Mark Kelly, Gabby Giffords, Ross D, Walz, Kamala Harris ’, Halee Dobbins, Joe Biden, ’, Arizona Sen, Kelly, ” Kelly, “ Tim, Ruben Gallego, Kari Lake, Gallego Organizations: ”, Democratic, Republicans, Northern, Desert Diamond, Franklin, AP, Sun, “, Republican, Arizona, Arizona’s Senate, Marine Locations: GLENDALE, Ariz, Phoenix, Michigan, Wisconsin, Guatemala, El Salvador, Honduras, Glendale, Georgia, Arizona, Arizona’s, Iraq

☆ The yen carry trade unwind: A big complication for global markets
▼ + stars: | 2024-08-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

In its simplest form, the yen carry trade has investors borrowing cheap yen to invest in higher yielding assets, often currencies. For example, because there is not a central source to track currency trades, we have no idea how big the yen carry trade is. The yen is rising, and that is making the yen carry trade less profitable. If the yen goes from 155 to 145, which is where it traded Monday, it will take $68,965 to repay that 10 million yen (10 million yen divided by 145 = $68,965). One positive sign: the ETF to watch is the Invesco Japanese Yen ETF (FXY), which tracks the price of the Japanese yen, had volume six times normal yesterday.

Persons: That's, Nicholas Colas Organizations: Nikkei, Street Journal, Federal Reserve, Bank of Japan, U.S, U.S ., Yen ETF Locations: U.S, Japan

☆ 23andMe CEO Anne Wojcicki files proposal to take company private as stock craters
▼ + stars: | 2024-07-31 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Anne Wojcicki, CEO of 23andMe , has submitted a proposal to take the genetic testing company private as its stock price continues to hover below $1. The proposed price of 40 cents per share reflects an 11% premium to 23andMe's closing stock price from April. 23andMe went public in 2021 via a merger with a special purpose acquisition company, which valued the company at around $3.5 billion. In November, the company received a deficiency letter from the Nasdaq Listing Qualifications Department, which said the company had 180 days to bring its share price back above $1. The Special Committee will need to approve or reject Wojcicki's proposal to take the company private, according to the filing Wednesday.

Persons: Anne Wojcicki, Wojcicki, 23andMe Organizations: U.S . Securities, Exchange Commission, Nasdaq, Department Locations: Sunnyvale , California

☆ Here's how much it can cost a family of four to live across 10 major Asian cities
▼ + stars: | 2024-07-26 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Living in a major city can come with a hefty price tag, so it's best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of living. A family of four can expect to spend an estimated $9,000 a month to live in one of these cities, according to Numbeo, an online database of user-contributed information. Singapore also saw a "rocketing increase" in its housing rentals from 2022, however, prices have begun to stabilize in recent months, said Ma. Here's a broader look at how much it costs for a family of four to live across 10 major cities in Asia, according to data by Numbeo:

Persons: Tracey Ma, APAC, Hong Kong, Ma Organizations: Mercer, CNBC, Singapore's Urban Redevelopment Authority Locations: Asia, Hong Kong, Singapore, Mercer, Hong, Ma, Singapore's

☆ How Emmanuel Macron blew his legacy
▼ + stars: | 2024-07-09 | by ( Joseph Ataman | ) edition.cnn.com time to read: +10 min

He’s now staring at what will certainly be his real legacy: Macron opened the door to the far right in France. After a shattering defeat in May’s European Parliament election, his decision to call a snap election has, at least partially, backfired. Emmanuel Macron delivers a speech at the Louvre Museum in Paris after winning the French presidential election in May 2017. Ukrainian President Volodymyr Zelensky, left, and France's Emmanuel Macron shake hands after a press conference on June 16, 2022 in Kyiv, Ukraine. For countless communities in France - French or immigrant - the legacy of one man’s gamble, and the uncertainty that is his legacy, will exact a far higher price.

Persons: Emmanuel Macron, He’s, Macron, Jacques Witt, France –, –, “, ”, Charly Triballeau, Volodymyr Zelensky, France's Emmanuel Macron, Alexey Furman, he’s, Trump, Putin –, outmanoeuvre Putin, Jordan Bardella, ” Macron, Pen Organizations: Paris CNN, May’s, Front, National Assembly, Macron, Louvre Museum, Getty, “, Putin, NATO, Ukraine, CNN, Ensemble, National Locations: France, Paris, Caen, Normandy, AFP, Europe, Ukraine, Kyiv, lockstep, “

☆ The complicated partnership between Apple and OpenAI
▼ + stars: | 2024-06-14 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

Nearly an hour later, the iPhone maker announced a much-rumored partnership with OpenAI to bring its ChatGPT technology to devices later this year. “I think Apple will take a pragmatic approach to the OpenAI partnership,” Wood said. Apple said it will not share any personal user information with OpenAI, so inquiries made through ChatGPT won’t be linked to an Apple user’s account. So it came as no surprise when some industry watchers, including Elon Musk, were quick to react to Apple’s partnership with OpenAI. “When users do query ChatGPT, Apple will track the prompts and gather metrics to improve its own models,” he said.

Persons: Sam Altman, Steve Wozniak, OpenAI, Altman, Tim Cook, ”, Ben Wood, “ Apple, Siri, Apple, ” Wood, Jeff Chiu, It’s, ” Cook, it’ll, Wood, Reece Hayden, Elon Musk, Musk, ” Musk, Annette Zimmermann, ” Andrew Cornwall, Forrester, “ Organizations: CNN, Apple, Insight, Apple Intelligence, Nvidia, Microsoft, ChatGPT, ABI Research, Industry, OpenAI, SpaceX, Gartner Locations: China, Washington, Cupertino , Calif

☆ Move over diamonds, these little-known gemstones are heating up
▼ + stars: | 2024-06-11 | by ( Sarah Royce-Greensill | ) edition.cnn.com time to read: +6 min

Experts say that this previously overlooked gemstone is rocketing in desirability and value, as collectors look beyond the so-called “Big Four’” (diamonds, emeralds, rubies and sapphires) for more affordable, niche gemstones that may just be a shrewd investment. “Spinels and Paraiba tourmalines have seen a steady increase in demand over the last decade.”Boghossian's paraiba and diamond set features paraibas and fancy yellow diamonds. Experts posit that only one Paraiba tourmaline is mined for every 10,000 diamonds — and while similar hues are found in Madagascar, the scarcity of Brazilian stones has seen prices soar. At Bonhams, Tonkin said prices for top-quality Paraiba tourmalines reached $75,000 per carat in 2022, compared with $4,800 per carat in 2009. “These incredibly vibrant, clean gemstones really stirred something in me,” she explained in an email.

Persons: Olivia Young, Ouroboros, Ruby, Bonhams, ”, Jennifer Tonkin, Rahul Kadakia, Lily Gabriella, ” Charles Abouchar, “, Tonkin, Roberto Boghossian, Moti Ferder, Ferder foresees, Lily Gabriella's, Lily Gabriella Likewise, Minka, Lucy Crowther, ” Crowther, Young Organizations: CNN, Imperial State Crown, Abouchar SA, Lugano Diamonds, Paraiba tourmalines, Big Locations: Sri Lanka, Myanmar, Vietnam, Afghanistan, Tajikistan, British, Burma, London, Geneva, Paraiba, ” Boghossian's paraiba, paraiba, Brazilian, Madagascar, Bonhams, Paraiba tourmalines, Memphis, India

☆ How a pro-Trump media outlet allegedly funneled tens of millions in an illicit money laundering scheme
▼ + stars: | 2024-06-05 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

The sophisticated scheme boosted revenue flowing into the coffers of The Epoch Times, the Justice Department said. In one year, revenue at the Trump-boosting outlet ballooned 410%, jumping from $15 million to about $62 million, the Justice Department added. But, when CNN asked for further comment on Tuesday, The Epoch Times brass chose to stay mum. The indictment said there was an entire group at The Epoch Times that took part in the alleged money laundering scheme. Notably, Tang and Fakkert declined to answer questions about whether they were aware of the alleged scheme.

Persons: Donald Trump’s, Weidong Guan, Guan, MAGA, Gong, Mark Zuckerberg, Trump, ”, “, Department’s, Guan —, John Tang, Jasper Fakkert, Tang, Fakkert, It’s Organizations: New York CNN, Department of Justice, Times, Epoch Times, Justice Department, Trump, Department, Fox News, New York Times, Facebook, NBC News, Epoch, CNN, Outfront, PayPal, Justice Locations: New York, ”, China

☆ Opinion: Rishi Sunak’s election looks like a final gasp
▼ + stars: | 2024-05-23 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +8 min

For those outside the Westminster bubble, the announcement felt less like a starting pistol than a final gasp. But unlike Sunak, who with his wife Akshata Murty is worth an estimated £651 million ($828 million), most of us can’t afford it. The British economy never fully recovered from the 2008 recession and, consciously or not, most people still feel the sting every day. As Sam Knight recently noted in the New Yorker, the average British worker is estimated to be £14,000 ($17,800) worse off per year now than they would be if earnings had risen at pre-crisis rates. Her disastrous mini-budget wiped £30 billion off the UK economy that autumn, according to independent think tank Resolution Foundation, and sent interest rates rocketing.

Persons: Holly Thomas, Katie Couric, Rishi Sunak, Keir Starmer, Tony Blair, Akshata Murty, Sam Knight, Brexit, Liz Truss, It’s, there’s, —, Boris Johnson, Johnson, who’d, that’s, Blair Organizations: Katie Couric Media, CNN, London CNN —, Conservative, Westminster, Labour, British Medical Association, BMA, Commission, Yorker, Evening, Office, National Statistics, Tory, Foundation Locations: London, Westminster, England, British, Europe, Rwanda

☆ ‘Furiosa: A Mad Max Saga’ Review: A Lonely Avenger
▼ + stars: | 2024-05-15 | by ( Manohla Dargis | ) www.nytimes.com time to read: +2 min

Dystopia has rarely looked as grim and felt as exhilarating as it has in George Miller’s “Mad Max” cycle. The thing is, it has started to feel less cool just because in the years since the original “Mad Max” opened in 1979, the distance between Miller’s scorched earth and ours has narrowed. Set “a few years from now,” the first film tracks Max Rockatansky (Mel Gibson), a highway patrol cop who has a semblance of a normal life with a wife and kid. Miller’s latest and fifth movie in the cycle, “Furiosa: A Mad Max Saga,” is primarily an origin story that recounts the life and brutal, dehumanizing times of the young Furiosa (Anya Taylor-Joy), the hard-bitten rig driver played by Charlize Theron in the last film, “Mad Max: Fury Road” (2015). As befits a creation story, “Furiosa” tracks Furiosa from childhood to young adulthood, a downward spiral that takes her from freedom to captivity and, in time, circumscribed sovereignty.

Persons: Dystopia, George Miller’s “, Max ”, Miller, shivers, Max Rockatansky, Mel Gibson, Max, gunning, Anya Taylor, Joy, Charlize Theron, “, Fury, ” Max, Tom Hardy, Gibson, Alyla Browne, They’re, Furiosa, Charlee Fraser Organizations: Hall of Justice Locations: Auschwitz

☆ Bo Burnham Is Everywhere. He’s Just Very Good at Pretending to Disappear.
▼ + stars: | 2024-05-13 | by ( Jason Zinoman | ) www.nytimes.com time to read: +1 min

Early in his bold and vexing new reality show, Jerrod Carmichael hears a knock at the door and opens it to find a very tall man in a ski mask and goggles just standing there. But certain comedy fans would come to a different response: Welcome back, Bo Burnham. On “The Jerrod Carmichael Reality Show” (HBO), this lanky masked man is referred to as Anonymous and his voice is disguised. But if this isn’t Bo Burnham, it’s a pretty good impression — or at least, one of him dressed to rob a bank. Except for “Inside” outtakes, he hasn’t shown up in any new work — until, possibly, now.

Persons: Jerrod Carmichael, Bo Burnham, Carmichael, it’s, Burnham

☆ ‘Challengers’ Review: Game, Set, Love Matches
▼ + stars: | 2024-04-25 | by ( Manohla Dargis | ) www.nytimes.com time to read: +2 min

Guadagnino’s latest, “Challengers,” is about a continually changing love triangle involving two besotted men and a sharp, beautiful woman with killer instincts and personal style. Written by the novelist and playwright Justin Kuritzkes, “Challengers” is fairly straightforward despite its self-consciously tortured narrative timeline. It tracks three tennis prodigies — friends, lovers and foes — across the years through their triumphs and defeats, some shared. A rich boy who cosplays as poor (well, at least struggling), Patrick met Art when they were children at a tennis academy. It’s at that point that they met Tashi, then a fast-rocketing star.

Persons: Luca Guadagnino, Tilda Swinton, ”, “, Dario Argento, Justin Kuritzkes, prodigies, Tashi, Mike Faist, It’s, Patrick, Josh O’Connor Organizations: “, U.S . Locations: New Rochelle, N.Y, Flushing , Queens

☆ Inflation, Interest Rates and Oil Prices Have Jolted the Markets
▼ + stars: | 2024-04-19 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

The dollar has strengthened and there are new reasons to worry about a steep increase in the price of oil. Behind many of these changes are two familiar culprits: inflation and interest rates. The possibility of a widening conflict in the Middle East — and of rising oil prices feeding into inflation in the United States — surfaced again on Friday when Israel struck Iran. But consider this: For the first three months of 2024, U.S. stocks rose relentlessly, while bonds posted modest gains, amid expectations of a series of cuts in the short-term interest rates controlled by the Federal Reserve. Now, successive months of high inflation readings have dashed those hopes — or, at the very least, deferred them.

Persons: Bonds, Israel Organizations: Federal Reserve Locations: United States, Iran

☆ Is it last orders for London’s nightlife?
▼ + stars: | 2024-04-06 | by ( Anna Cooban | ) edition.cnn.com time to read: +9 min

London CNN —It’s Thursday, 11.00 p.m., and on a street in London’s Soho district, there’s a loud clatter. “People haven’t got the money,” she told CNN. “That’s when their bills started coming through, the first heating bills from the winter,” he told CNN. Even before the ravages of the pandemic, the number of London’s nightlife venues was in steady decline. They don’t just go out for the sake of going out now,” she told CNN.

Persons: London CNN —, Lesley Lewis, haven’t, ”, Michael Kill, Grazyna, ” Kill, “, —, that’s, Kill’s, Jeremy Joseph, Freddie Mercury, ” Joseph, Jack Henry, Henry, Lutz Leichsenring, Fabian Sommer, Leichsenring, London’s, Sadiq Khan, Amy Lamé, Lamé, Khan, Lamé “, Charlie Fenemer, It’s, Becky Lam, Lam, ” Chris Lau Organizations: London CNN, Staff, CNN, Time Industries Association, York Minister, London, “, ”, German Commission, UNESCO, United Nations, Office, National Statistics, City Hall, Labour, Shady Locations: London’s Soho, London, Wales, Soho , London, Hoxton, London’s, Berlin, “ Berlin, Hong Kong, Soho, Hong, Beijing

☆ What to expect from the March jobs report
▼ + stars: | 2024-04-04 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

ET, when the Bureau of Labor Statistics releases its March jobs report. February brought the unemployment rate within spitting distance of 4%, rising to 3.9% from 3.7% in January. What could come from Friday’s jobs reportFebruary’s jobs report came as yet another surprise to economists. For instance, last month January’s job gains were revised down to 229,000 from the blowout 353,000 that kicked off 2024. The unemployment rate went up by half a percentage point from the post-pandemic low of 3.4% last April.

Persons: lockdowns, it’s, Michael Strain, ’, February’s, Andy Challenger, ”, Allison Joyce, Aaron Sojourner, they’ve, Sojourner, Luke Sharrett Organizations: New, New York CNN, Bureau of Labor Statistics, American Enterprise Institute, BLS, Federal, US, Challenger, “, Department of Labor, Bloomberg, . Upjohn Institute, Employment Research, CNN, Federal Reserve, Getty Locations: New York, outplacement

☆ Noted Tesla bear says Musk's EV maker could 'go bust' and stock is worth $14
▼ + stars: | 2024-04-03 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Since 2020, Clean Energy Transition has been short Tesla's stock, meaning Lekander's firm will profit if the automaker's shares fall. Lekander has taken his bearish Tesla call further, suggesting the stock could fall to $14 per share. watch nowIf Tesla's stock hit $14, that would represent around 91% downside from Tuesday's close. Analysts at HSBC and TD Cowen cut their price targets on Tesla's stock on Wednesday. Cathie Wood's Ark Invest bought Tesla stock for some of its funds this week ahead of the first-quarter delivery numbers in a sign of support.

Persons: Elon Musk, Tesla, Antonio Masiello, shorting, Lekander, Tesla's, that's, Richard Windsor, Windsor, Dan Ives, Ives, TD Cowen, Cathie Wood, Tom Narayan, CNBC's Organizations: Fratelli, shorting Elon, CNBC, Wednesday, Clean, Lansdowne Partners, Volkswagen, Radio Free Mobile, Wedbush Securities, HSBC, Invest, RBC Capital Markets Locations: Italy, Rome

☆ If Nvidia Keeps Rising Like This, It Will Be Bigger Than the Global Economy
▼ + stars: | 2024-03-15 | by ( Jeff Sommer | ) www.nytimes.com time to read: +1 min

It’s not a household name quite yet, but anyone who follows the stock market knows at least a little about Nvidia. The company is the wonder of the year, a stock by which all others are measured. Nvidia designs the chips that make artificial intelligence work, and because A.I. is being hailed as the most important technological development since the internet, Nvidia shares have been rocketing since last year. will one day become, but I do pay close attention to the stock market, which values Nvidia at more than $2.2 trillion, making it the third-largest public company in the world behind Microsoft and Apple.

Persons: It’s, I’m Organizations: Nvidia, Microsoft, Apple, Meta, AMD, Taiwan Semiconductor, Intel

☆ A dead Russian spacecraft almost collided with a NASA satellite. The crash could have sent 7,500 bits of debris rocketing around Earth.
▼ + stars: | 2024-03-01 | by ( Morgan Mcfall-Johnsen | Ellyn Lapointe | ) www.businessinsider.com time to read: +7 min

In the worst-case scenario, the collision would have ejected 7,500 bits of debris into low-Earth orbit. Satellite collisions are becoming more likely as the amount of space junk in low-Earth orbit grows. Even the tiniest debris can damage the space station and endanger astronauts, though no astronaut has lost their life due to space debris (yet). The race to clean up spaceThe consequences of space debris are very real, so much so, that the worst-case scenario has a name: Kessler syndrome. TransAstra's capture bags could help solve Earth's space debris problem.

Persons: —, LeoLabs, Darren McKnight, NASA ODPO, Kessler, Astroscale Organizations: Service, Space, NASA, European Space Agency, Federal Communications Commission, Dish Locations: Russia, India

☆ February was a great month for Wall Street. These were our 5 best-performing stocks
▼ + stars: | 2024-03-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

NVDA YTD mountain Nvidia (NVDA) year-to-date performance Nvidia was our top-performing stock for February. Shares surged 28.6% in the month on the back of stellar quarterly results and continued investor optimism in generative artificial intelligence. META YTD mountain Meta Platforms (META) year-to-date performance Coming in at No. GEHC YTD mountain GE Healthcare (GEHC) year-to-date performance GE Healthcare shares jumped 24.4% during February, occupying the No. FL YTD mountain Foot Locker (FL) year-to-date performance Foot Locker was the portfolio's fourth-best stock in the month.

Persons: Jim Cramer, Mark Zuckerberg, Locker, Mary Dillon's, Jim Cramer's, Jim, Brendan McDermid Organizations: Federal Reserve, Nasdaq, Dow Jones Industrial, Club, Palo Alto Networks, Wynn Resorts, Nvidia, Facebook, GE Healthcare, Meta, Wall Street, General Electric, Nike, Health, CNBC, Traders, New York Stock Exchange Locations: Wells Fargo, WYNN, FL, New York City, U.S

☆ I catapulted off the deck of a US aircraft carrier in a largely windowless prop plane the Navy's been flying since the 1960s. It was jarring and intense.
▼ + stars: | 2024-02-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Catapulting off an aircraft carrier is a sharp, jarring experience even more intense than the landing, and I recently experienced this firsthand in a US Navy C-2 Greyhound. Jake Epstein/Business InsiderThere were a couple of very small windows on the aging Greyhound, but they were behind me, mostly out of sight. Jake Epstein/Business InsiderAside from facing the wrong way, taking off from Bahrain felt a lot like any other commercial flight I've ever been on. AdvertisementMy first look at the flight deck after landing on the USS Dwight D. Eisenhower. Jake Epstein/Business InsiderSuddenly, we shot up at a force that felt far greater than the catapult launch, gaining a lot of altitude in a quick spurt.

Persons: —, Dwight D, Eisenhower, Houthi, Ike, Jake Epstein, rocketing Organizations: Service, US, Greyhound, Grumman, Navy Locations: US Navy, Bahrain, Red, Iran, Yemen

☆ Russia says it has delivered 200,000 tons of grain to African countries
▼ + stars: | 2024-02-21 | by ( Nimi Princewill | ) edition.cnn.com time to read: +3 min

CNN —The Russian Ministry of Agriculture said Tuesday it had shipped 200,000 tons of grain in humanitarian aid to six African nations, fulfilling the Kremlin’s pledge to the continent last July. Agriculture Minister Dmitry Patrushev said late Tuesday that Burkina Faso, Mali, Eritrea, and Zimbabwe each received 25,000 tons of grain while the Central African Republic and Somalia got 50,000 tons each, Russian state news agency TASS reported. Somalia and Eritrea had previously sourced 90-100% of their grain needs from both Russia and Ukraine before the conflict, according to the UN’s Food and Agriculture Organization (FAO). ‘A strategic donation’The Kremlin’s grain initiative has been described by analysts as a “strategic” move as Putin’s African alliance broadens. So, it’s contestation.”Many African states took a neutral stance on Russia’s invasion of Ukraine in perceived loyalty to the Kremlin.

Persons: Dmitry Patrushev, Vladimir Putin, “, ” Patrushev, ”, Godfrey Kanyenze, Kanyenze, they’ve Organizations: CNN, Russian Ministry of Agriculture, Central African, United, Agriculture Organization, FAO, Labor and Economic Development Research Institute of Zimbabwe Locations: Burkina Faso, Mali, Eritrea, Zimbabwe, Central African Republic, Somalia, United Nations, Turkey, Africa, St . Petersburg, Russia, Ukraine, rocketing

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