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Yen at its weakest in decades as BOJ meets
  + stars: | 2024-04-26 | by ( ) www.cnbc.com   time to read: +3 min
The yen was parked by a 34-year low on the dollar and decade lows on other crosses ahead of a Bank of Japan meeting where interest rates are expected to stay low, while the dollar dipped elsewhere on softer-than-expected U.S. growth data. The yen , however, fell to its weakest since 1990 at 155.75 per dollar, tracking a sharp rise in U.S. yields as separate figures showed a surge in an inflation measure. The size and persistence of the yield gap has encouraging short yen positions and drives Japanese money into dollar assets such as Treasuries, weighing on the currency. The Bank of Japan already hiked rates at a landmark meeting in March where it ended years of negative interest rates. The New Zealand dollar was a touch firmer in Asia morning trade at $0.5960 and has gained in the previous four sessions.
Persons: , Shunichi Suzuki, Nathan Swami, I'm, Sterling Organizations: Bank of Japan, Japanese Finance, Bank of, Citi's, New Zealand Locations: Asia, Bank of Japan, Citi's Asia, Pacific, Singapore
So far, though, many public health experts don't think this rings alarm bells about the safety of the food supply. Nathan Frandino/ReutersThe FDA oversees the nation's milk supply, and the US Department of Agriculture oversees dairy cows. Both say they believe the commercial milk supply is safe, due to the pasteurization process and the practice of disposing of milk from sick cows. Some states allow the sale of unpasteurized, aka "raw," milk or cheese, which the CDC recommends avoiding. "To date, we have seen nothing that would change our assessment that the commercial milk supply is safe.
Persons: , Dr, Jerome Adams, Trump, Pasteurization, Nathan Frandino, Carlos Barria, Adams, Samuel Alcaine, Cook, who's, I'm Organizations: Service, Drug Administration, Business, Purdue University, Johann, FDA, US Department of Agriculture, Washington Post, The New York Times, Mountain Creamery, Cornell University, CDC, Workers Locations: Fresno , California, Middletown , Maryland
In recent months the highly pathogenic H5N1 virus has been spreading through US cattle herds for the first time ever. The cow-to-cow transmission is the latest escalation in a global outbreak that began when the virus reemerged in Europe in 2020. Bill Powers with his flock of white turkeys, kept under shelter to prevent exposure to bird flu, in Townsend, Delaware. Nathan Howard/Getty ImagesDr. Jerome Adams, a former surgeon general and the director of health equity at Purdue University, is getting deja vu. AdvertisementOnly testing the sickSo far, the USDA has only been testing cattle herds when an animal appears sick.
Persons: , Jeremy Farrar, Nathan Frandino, Farrar, Bill Powers, Nathan Howard, Jerome Adams, they've, Adams, Donald Trump, hasn't, Terry Chea, they're, Zeynep Tufekci, Jean Carroll, Alexi J . Rosenfeld, President Trump, Trump, Biden Organizations: Service, Business, World Health Organization, Washington Post, Food and Drug Administration, New York Times, FDA, Johann, Reuters, US Centers for Disease Control, Purdue University, CDC, US Department of Agriculture, White, USDA Locations: Europe, South America, Fresno , California, Texas, Townsend , Delaware, COVID, Sonoma County , California
World leaders are gathering in Ottawa, Ontario, this week to hash out a global treaty to end plastic pollution. This story is available exclusively to Business Insider subscribers. AdvertisementHundreds of businesses and countries support cutting plastic production. Lin represents the Business Coalition for a Global Plastics Treaty, which includes more than 200 companies. Cutting plastic production would also hit the bottom line of oil majors such as Exxon.
Persons: Carroll Muffett, Jose Fernandez, Biden, Allison Lin, Lin, Stewart Harris, Harris, Neil Nathan, Nathan, He's Organizations: Service, Business, Center for International Environmental Law, Organization for Economic Co, Lawrence Berkeley National Laboratory, State Department, Mars Inc, Business Coalition, Global Plastics, Walmart, PepsiCo, International Council of Chemical Association, Oxford Economics, Exxon, The International Energy Agency, UC Santa Barbara, US Locations: Ottawa , Ontario, Russia, Iran, Saudi Arabia, Washington, DC, Paris, Ottawa, Belgium
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin outperforms Nasdaq after U.S. economy grew less than projected in Q1: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Nathan McCauley, co-founder and CEO of Anchorage Digital, discusses the platform's new crypto settlement network.
Persons: explainers, Nathan McCauley Organizations: Nasdaq, CNBC Crypto, CNBC, Anchorage Digital
In today's big story, we're looking at how millennials have seen their wealth explode over the past few years. Millennials, the oft-maligned generation , are a lot better off financially than you might realize. A new report found millennials saw their wealth double from the end of 2019 through 2023, writes BI's Juliana Kaplan. Whatever the case, millennials' wealth can keep growing. The Department of Justice is investigating the consultancy for its past work advising opioid companies about how to boost their sales , The Wall Street Journal reported on Wednesday.
Persons: , Iurii Garmash, Tyler Le, millennials, BI's Juliana Kaplan, Harry Potter fanfiction didn't, Millennials, Gen Xers, eyeing, Juliana Kaplan, Gen, Chelsea Jia Feng, Jamie Dimon, Devin Nunes, Mark Zuckerberg, they've, There's, Nathan Congleton, Blackstone, Donald Trump's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Studio, Getty, millennials, Slaven, The New York Times, Nvidia, Trump Media, House Republicans, Meta, Green, Getty Images Google, Apollo, KKR, Justice, Street, Wednesday, McKinsey, NFL, US Locations: That's, Chelsea, premarket, NBCU, New York, London
A New York City lawyer is suing his ex-boyfriend, also a lawyer, for custody of a miniature poodle. The couple purchased the dog — Raven — together in 2020, but broke up last month. Taylor Leighton, who called the dog his 'child,' is also seeking more than $200,000 in damages. AdvertisementA New York lawyer is suing his former boyfriend, also a lawyer, for custody of their miniature poodle and more than $200,000 in damages, according to an affidavit published by the Daily Beast. AdvertisementIn the affidavit, Leighton argued that although Nathan Greess contributed $2,000 toward the purchase, it was only because he owed money for household expenses.
Persons: , Taylor Leighton, Akin Gump Strauss Hauer, Feld, Countess Raven, Raven, Luann, Leighton, Nathan Greess Organizations: Service, Daily, Feld LLP, Housewives, New, Scripps News Locations: York City, York, Minnesota, New York City, Raven
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnchorage Digital launches global crypto settlement networkCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Nathan McCauley, co-founder and CEO of Anchorage Digital, discusses the launch of ATLAS, a settlement network that handles both digital assets and U.S. dollars.
Persons: explainers, Nathan McCauley Organizations: Anchorage Digital, CNBC, ATLAS
Emma Stone prefers to be addressed by her real name, Emily. She chose "Emma" as her stage name, since there was already another Emily Stone. Stone said it would be "so nice" if fans started addressing her as Emily. This all came up when Fielder told THR reporter Seth Abramovitch that he was going to call Emma by her given name during the interview. This story is available exclusively to Business Insider subscribers.
Persons: Emma Stone, Emily, Emma, Emily Stone, Stone, , Nathan Fielder, Fielder, Seth Abramovitch Organizations: Service, Hollywood, Business
CNN —Emma Stone is setting the record straight about her viral reaction to a joke made at this year’s Oscars by host Jimmy Kimmel. “I didn’t call him a p—k,” she told the Hollywood Reporter in an interview published on Wednesday. I’ll have to look that up.”Throughout the Oscars telecast, a montage of scenes from each of the 10 best picture-nominated films was shown. After the “Poor Things” clip played, Kimmel joked that “those were all the parts of ‘Poor Things’ that we’re allowed to show on TV,” seemingly in reference to the graphic and sexual nature of the R-rated film. Lanthimos and Stone previously worked together on 2018’s “The Favourite” prior to “Poor Things,” and are teaming back up for “Kinds of Kindness,” coming out on June 21.
Persons: Emma Stone, Jimmy Kimmel, Stone, Oscar, , , Kimmel, Dave McCary, Nathan Fielder, ” Stone, Bella Baxter Organizations: CNN, Hollywood, year’s Locations: , La
A US Army officer said military trainers had warned soldiers of the dangers of cellphone use. Ukraine has used Russian soldiers' cellular data to locate and target their positions. But they are also potentially lethal for the soldiers carrying them, a US Army officer has said. Maj. Gen. Curtis Taylor told Jack Detsch, a reporter at Foreign Policy, that Army trainers had been warning soldiers about the dangers of taking cellphones on operations. Russian sources claim 89 soldiers were killed in the strikes, while Ukraine put the number at around 400.
Persons: , Curtis Taylor, Jack Detsch, We've, Taylor, Fort Irwin, Dimitar Dilkoff, Enea, Lockheed Martin Organizations: US Army, Policy, Service, Foreign, Army, National Training Center, Fort, Getty, Russian Ministry of Defense, M142, Artillery Rocket Systems, Sky News, Lockheed Locations: Ukraine, Russian, Ukrainian, AFP, Russia, Makiivka, Leer
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewForeign Minister Sergey Lavrov has strongly suggested that Russia intends to seize the city of Kharkiv in northeastern Ukraine, making him the first senior Kremlin official to identify the city as a potential target outright. Moscow has already made it clear that it believes the only way to defend Russian territory is through such a buffer zone, which would put its settlements out of reach of Ukrainian fire. AdvertisementPutin has wanted to take Kharkiv since the start of Russia's full-scale invasion in February 2022. The city has symbolic as well as strategic value for the Russian president, as it has a majority Russian-speaking population and was the first capital of the Ukrainian Soviet Socialist Republic.
Persons: , Sergey Lavrov, Lavrov, Ukraine's, Vladimir Putin's, Dmitry Peskov, Oleksandr Syrskyi, Putin, Volodymyr Zelenskyy Organizations: Service, Kremlin, for, Business, Bloomberg, Kharkiv, Ukrainian Soviet, Komsomolskaya Pravda Locations: Russia, Kharkiv, Ukraine, Moscow, Ukrainian, Russian, Ukrainian Soviet Socialist Republic, Moskva
Ukraine said it had shot down a Russian supersonic Tu-22M3 plane. Here's everything you need to know about the Tu-22M3 and how Ukraine says it shot it down. AdvertisementUkrainian intelligence said on Friday that it had shot down a feared Russian Tu-22M3 bomber plane for the first time as it launched a combat mission on Ukraine. AdvertisementTupolev describes the Tu-22M aircraft series as a "conventionally designed aircraft with a variable-swept low wing." A weeklong ambushImage appearing to show the Tu-22M3 aircraft after crashing.
Persons: , Vladimir Vladimirov Kyrylo Budanov, HUR, WarTranslated, Dmitri Organizations: Service, NATO, Tupolev, Defence Intelligence, Ukraine, BBC, Main Directorate of Intelligence, British Ministry of Defence, Russian Air Force Locations: Ukraine, Russian, Soviet, BBC Ukraine, Russia
Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.
Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York
Asked for proof of his claim that Mr. Biden was personally directing the local cases against him, Mr. Trump pointed to purported ties between prosecutors and “Washington,” but provided no evidence that Mr. Biden had been involved in any of the hiring decisions, conversations or meetings that Mr. Trump cited. The writer E. Jean Carroll filed her first lawsuit against Mr. Trump in November 2019, accusing him of defamation. Faulty and irrelevant comparisonsWhat Mr. Trump Said“I got indicted more than Al Capone.”— in a rally in Ohio in MarchFalse. Mr. Hur described Mr. Biden as a “well-meaning, elderly man with a poor memory” who had “diminished faculties and faulty memory.” He did not declare Mr. Biden mentally incompetent to stand trial. Inaccurate attacks on judgesWhat Mr. Trump Said“Judge Juan Merchan is totally compromised, and should be removed from this TRUMP Non-Case immediately.
Persons: Donald J, Trump, President Biden, Trump’s, , Trump Said “ Biden, General Merrick B, Garland, Trump “, Biden, Mr, Doug Mills, Trump Said, Jack Smith, Merrick Garland’s, Fani Willis, Letitia James, Alvin L, Bragg, Matthew Colangelo, Colangelo, , James’s, Colangelo’s, Bragg ramped, Willis, Willis — Nathan J, Wade, Ketanji Brown Jackson, Kamala Harris, Harris, Crooked Joe Biden, James, Jean Carroll, Smith, Brittainy Newman, Alexei Navalny, Navalny, Letitia James ’, Hunt, PolitiFact, Trump Said “, Al Capone, Capone, Brad Schwartz, Hillary, Bill, Bush, Reagan, Hillary Clinton, Clinton, Bill Clinton’s, Taylor Branch, Branch, , Barack Obama, George W, Bill Clinton, George H.W, Ronald Reagan, Robert K, Hur, Biden’s, Juan Merchan, Loren, Loren Merchan, Merchan, Merchan’s, Justice Merchan, Ahmed Gaber, Arthur F, Justice Engoron, Engoron Organizations: New York, Democratic Party, Trump, Justice Department, The New York Times, The, White House, Trump . Credit, New York Times, American People, Biden Administration, Prosecutors, Mr, Manhattan, Washington, Fox News, New, Times, White, Counsel’s Office, Supreme, Black, Trump Organization, Democrat, Companies, Exxon Mobil, Trump Foundation, Trump University, Associated, National Archives, Records Administration, TRUMP, Twitter, Credit Locations: Manhattan, Georgia, Trump ., Washington, New York, “ Washington, Fulton County ,, Russian, New, Ohio, Fla, South Carolina, Trump’s Florida, Beach
That idea of guaranteed income is receiving renewed interest as AI becomes an increasing threat to Americans’ livelihoods. As more Americans’ jobs are increasingly at risk due to the threat of AI, Tubbs and other proponents of guaranteed income say this could be one solution to help provide a safety net and cushion the expected blow AI will have on the labor market. “Then, when we have to deal with that job displacement, we’re better positioned to do so.”Silicon Valley’s infatuation with guaranteed incomeThe idea of a guaranteed income is not new. AFP/Getty ImagesDecades after King’s death, the idea of guaranteed income went on to see a resurgence of support emanating out of Silicon Valley. Other tech industry tycoons, including Twitter co-founder Jack Dorsey, have also thrown immense financial support behind guaranteed income programs.
Persons: CNN — Michael Tubbs, Tubbs, , , ” Michael Tubbs, Nick Otto, ” Tubbs, Nathan Frandino, Let’s, Martin Luther King, Jr, I’m, ” King, King, Elon Musk, Mark Zuckerberg, Sam Altman —, Musk, Rishi Sunak, Zuckerberg, ” Altman, Altman, Sam Altman, Justin Sullivan, Elizabeth Rhodes, Jack Dorsey, Dorsey, Ken Paxton, ” Paxton, overreach, ‘ It’s, ’ Tomas Vargas Jr, Vargas, I’ve, that’s, ” Tomas Vargas Jr, Tomas Vargas Jr, ” Vargas Organizations: CNN, Getty, Global, Monetary Fund, Reuters, Stockton, Civil Rights, Washington DC, Elon, , UK, Harvard, Facebook, YCombinator, Twitter, UPS Locations: Stockton , California, Silicon Valley, Big, America, Stockton, AFP, San Joaquin, U.S, Washington, Alaska, YCombinator, San Francisco , California, United States, Texas, Harris, Harris County
Ukraine said it struck a powerful Russian electronic warfare system this week. Footage appears to show it had destroyed a Borisoglebsk-2 EW jamming station. it had destroyed a Borisoglebsk-2 EW jamming station. AdvertisementUkraine's special operations forces (SSO) said on Wednesday that it had targeted a Russian Borisoglebsk-2 electronic warfare (EW) system. The SSO said that the EW system was first used against Ukraine in 2014 during Russia's annexation of the Crimean peninsula.
Persons: Organizations: Service, 3rd SSO Regiment, International Centre for Defence, Security, Reuters Locations: Ukraine, Russian, Donetsk, Crimean, Russia
Fast food giant McDonald's launched a new marketing campaign this week. It produced a series of blank yellow and red billboards in the Netherlands. AdvertisementFast food giant McDonald's released a new and quirky marketing campaign this week. The company has found a novel way to leverage some of its iconic products by making the billboards smell like their fries. It released a series of blank yellow and red billboards in the Netherlands that don't even carry the McDonald's golden arches logo.
Persons: Organizations: Service, Business Locations: Netherlands
The US expects Iran will carry out a number of strikes on Israel. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . One of the people said that US officials believe Iran could be readying as many as 100 cruise missiles for an attack, the report said. This story is available exclusively to Business Insider subscribers.
Persons: Joe Biden, Israel, Organizations: Islamic Revolutionary Guard Corp, Service, CNN, ABC News, Business Locations: Iran, Israel, Syria
But when I discovered a London-based project turning discarded chicken feathers into edible proteins, I admit I was skeptical. The company behind the project, Kera Protein Ltd., has a unique approach to its lab-produced protein product. Since then, he and his business partner, Tom Washington, have delved into the issue of waste management - focusing particularly on chicken feathers. To make the food we tried, Kera extracted feathers from discarded chicken carcasses in partnership with a local farm. “We hope to revolutionize the way people view chicken feathers, demonstrating their potential as a valuable resource rather than just a dirty by-product.”
Persons: London CNN — I’m, it’s, Tom Washington, It’s, Kittibanthorn, Nathan “ Phayu ” Brown, , , Leah Collins, Chef Brown, Brown, Kera Organizations: CNN, London CNN, Kera Protein Ltd, Central Saint Martins, Kera Protein, Protein, Soil Association, Novel Locations: London, Kera, Thailand, Laos, Thai, Washington
Richard Leibner, a powerful agent whose firm brokered contracts for many of the biggest names in television news, including Dan Rather, Diane Sawyer, Anderson Cooper, Ed Bradley, Morley Safer and Steve Kroft, died on Tuesday at his home in Manhattan. His son Jonathan said the cause was kidney cancer. Mr. Leibner’s firm, N.S. Bienstock — named for one of its founders, Nathan Bienstock — represented hundreds of anchors, reporters, producers and others in network and local television news. The negotiation that grabbed the biggest headlines was for Mr. Rather, then one of the star correspondents of the CBS News program “60 Minutes.”Between late 1979 and early 1980, Mr. Leibner (pronounced LEEB-ner) parlayed interest in Mr. Rather as the evening anchor from all three network news divisions: ABC News, whose president, Roone Arledge, was trying to raise his third-place division’s profile; NBC News, where the evening anchor John Chancellor was hoping to change to a commentary role; and CBS News, where Walter Cronkite had been the evening anchor since 1962.
Persons: Richard Leibner, Dan Rather, Diane Sawyer, Anderson Cooper, Ed Bradley, Morley, Steve Kroft, Jonathan, Leibner’s, Bienstock —, Nathan Bienstock —, Rather, Leibner, Roone Arledge, John Chancellor, Walter Cronkite Organizations: CBS, ABC, NBC Locations: Manhattan
Here are three of those habits you can start right away that can put you on a path toward building wealth. You don't need to track every single dollar you spend or make major cuts to your discretionary spending to get started. Nevertheless, to make your money work for you, you need a basic understanding of what you're spending it on. "Start small [by] tracking just a few key areas: food, entertainment, gas, and clothes." To prepare for unexpected expenses big and small, start setting aside emergency savings.
Persons: Chelsea Ransom, Cooper, Billy Hatton, Nathan Mueller, , Will Kellar Organizations: Zenith Wealth Partners, CNBC, Human Investing Locations: New Jersey, Los Angeles, Colorado
An earthquake and an eclipse weren’t the only natural rarities that happened in New York City this past week. Did you hear about the sasquatch in Central Park? That’s because the sasquatch was a costume and his stroll through the park was a publicity push for the new film from the brothers David and Nathan Zellner. Opening in New York on Friday, the movie spends a year in the wild with a sasquatch pack — a male and female (Nathan Zellner and Riley Keough) and two younger sasquatches (Jesse Eisenberg and Christophe Zajac-Denek) — as they eat, have sex, fight predators and reckon with death. Droll but big-hearted, the movie sits at the intersection of the ad campaign for Jack Link’s beef jerky, the 1987 comedy “Harry and the Hendersons” and a 1970s nature documentary, down to the hippie-vibe soundtrack.
Persons: David, Nathan Zellner, Riley Keough, sasquatches, Jesse Eisenberg, Christophe Zajac, Jack Link’s, Harry Locations: New York City, Central Park, New York
After a 2013 investigation, Schneider started giving notes to actors on "Sam & Cat" from his office, instead of directly interacting with them. As for his relationships with the actors, Schneider said, "I never interacted with actors in any way, texting or otherwise, that should make anyone uncomfortable." March 17 and 18, 2024: ID releases the 4-part docuseries 'Quiet on Set' across 2 nights, detailing the dark side of NickelodeonDrake Bell in episode two of the Investigation Discovery docuseries "Quiet on Set: The Dark Side of Kids TV." AdvertisementNikolas slammed Schneider's apology in a reaction video uploaded on YouTube on Tuesday. Nikolas wasn't the only former Nickelodeon star who criticized Schneider's apology.
Persons: , Dan Schneider, Schneider, Drake, Josh, Nickdeleon, he's, Dan Schneider Dan Schneider, Beverly Hilton, Brian, Sam, Henry Danger, The New York Times Dan Schneider, Eric Vitale Eric Vitale, Jennette McCurdy, Schneider's, McCurdy, Sam Puckett, Nathan Kress, Kate Taylor, Victoria Justice, Avan Jogia, Lawrence K, Alexa Nikolas, Nicole Bristow, Daniella Monet, Trina Vega, Jenny Kilgen, Nickelodeon Drake Bell, Mary Robertson, Emma Schwartz, BI's Taylor, Nikolas, Marc Summers, Giovonnie Samuels, Bryan Hearne, Kilgen, Christy Stratton, Jamie Lynn Spears, Dan, Jeff Kravitz, Jason Handy, Brian Peck, Handy, Peck, Alan Thicke, James Marsden, Will Friedle, Maxine, Drake Bell, Bell, Josh Peck, Bobby Bowman, let's, Jerry Trainor, Miranda Cosgrove, Jason Merritt, Magic Schneider, didn't, doesn't, it's, Nikolas wasn't, Soledad O'Brien, Hearne, Jennette, Samuels Organizations: Service, Nickelodeon, Kids, Business, Beverly, The New York Times, Times, Apple, New York Times, Victoria, Los Angeles Times, Getty, BI, Maxine Productions, Sony Pictures, YouTube Locations: Beverly Hills , California, Hollywood, TikTok
CNN —US Coast Guard leaders illegally used nondisclosure agreements to prevent sexual assault victims from speaking out about their alleged attacks, according to a congressional inquiry sparked by a CNN report into sexual misconduct at the prestigious Coast Guard Academy. CNN reported last year that Coast Guard leaders had guarded the secrecy of the internal investigation to the point that officials with access to case materials had to sign non-disclosure agreements. “Requiring victims to agree not to discuss what happened to them is particularly reprehensible,” Sen. Ted Cruz wrote in a letter to the Coast Guard Sunday. Cruz’s letter is just the latest fall-out for the Coast Guard since the Fouled Anchor controversy broke last June. “This is a disservice to the survivors of rape and other sexual assaults at the Academy, whom the Coast Guard has already failed once,” he wrote.
Persons: Republican Sen, Ted Cruz, Adm, Linda Fagan, ” Cruz, Fagan, Cruz, ” Sen, Nathan Howard, Chris Murphy, Organizations: CNN, US Coast Guard, Coast Guard Academy, Academy from Congress, Republican, Coast Guard, Senate, Getty, Department of Homeland, Department of Homeland Security, Operation, GAO, Academy Locations: Connecticut
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