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CNN —At least 37 people have been killed, and more than a dozen injured on the Indonesian island of Sumatra after heavy rains triggered flash flooding and a cold lava flow from an active volcano, search and rescue officials said on Sunday. Cold lava, also known as lahar, is a mixture of volcanic debris such as ash, sand and pebbles that flows down a volcano’s slopes during wet weather. Images shared by Indonesia’s disaster response agency showed thick mud and ash partially covering roads and mountainside villages near the foot of Mount Marapi, an active volcano in western Sumatra. Adi Prima/Anadolu/Getty ImagesThe 2,891-meter-high (9,500 feet) Mount Marapi is among the most active volcanoes in Indonesia, which lies on the Pacific Ring of Fire with 127 active volcanos – more than anywhere else in the world. It has erupted 11 times during the early 21st century, with it deadliest single event having killed 60 people in 1979.
Persons: Marapi, Abdul Muhari, Rezan Soleh, Adi Prima Organizations: CNN, Getty, Anadolu Locations: Indonesian, Sumatra, AFP, Lima Kaum, West, Datar District, Indonesia
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen Shao Chun Chen was laid off from Google in February 2024, the news didn't come as a complete surprise. He told Business Insider that a layoff isn't dissimilar to a breakup: "It was like saying goodbye to an eight-year relationship." He joined Google in 2016 as an account manager and was leading a sales team when he was let go. Shao, who had prepared for layoffs and had a seven-figure investment portfolio to fall back on, shares three red flags he noticed.
Persons: , Shao Chun Chen, Merrill Lynch, Shao, sprees —, that's Organizations: Service, Google, BI, Business Locations: Singapore
Halved oil palm kernels are seen on the trade floor of a commodities conference and exhibition in Kuala Lumpur. “Orangutan diplomacy will not solve Malaysia’s deforestation crisis,” Heng Kiah Chun, a regional campaign strategist for Greenpeace Southeast Asia, told CNN. By 2012, their numbers had dropped by almost two-thirds, to 104,700 and the decline has continued,” the WWF report said. Therefore it is crucial that all remaining orangutan habitats are conserved,” WWF Malaysia told CNN in a statement. “Orangutan conservation is best achieved by ensuring the protection and conservation of their natural habitats – and that no further forest conversion into palm oil plantations is allowed.”
Persons: , Johari Abdul Ghani, ” Ghani, Tengku Bahar, ” Stuart Pimm, Pimm, Ghani, ” Heng Kiah Chun Organizations: CNN, Getty, Duke University, Malaysia’s Ministry of, Commodities, Chengdu Research Base, Visual China, Malaysian, World Wildlife Fund, WWF, Rimba, Greenpeace Southeast, CNN Conservation, WWF Malaysia Locations: China, Australia, Malaysia, Asia, Indonesia, Kuala Lumpur, Beijing, Malaysian, EU, India, Tengku, AFP, South Carolina, Greenpeace Southeast Asia, WWF Malaysia, Borneo, Brunei,
CNN —Protesters took to the streets of several cities across Israel on Saturday, demanding the release of all hostages held in Gaza ahead of Israel’s Memorial Day. Families of hostages held in Gaza also took part in anti-government protests, including in Tel Aviv, Caesarea, Rehovot, and Haifa. Many waved Israeli flags and held up signs with images of the Israeli hostages, calling on the government to bring them home alive. Israeli mounted police deploy during a rally calling for the release of hostages held in Gaza outside the defense ministry headquarters in Tel Aviv on May 11, 2024. “The UK government has been working with partners across the region to secure the release of hostages, including British nationals.
Persons: Benjamin Netanyahu, Yael Adar, Tamir Adar, Tamir, ” Adar, Jack Guez, Hagit Chen, Itay Chen, , ” Chen, Abu Obaida, Popplewell, ” Obaida, Kibbutz, Channah Peri, brother Roi Organizations: CNN — Protesters, Israel Defense Forces, Getty, Al, Brigades, Minister’s, CNN, United Locations: Israel, Gaza, Israel’s, Tel Aviv, Caesarea, Rehovot, Haifa, AFP, Kibbutz Nirim, Israeli
Apple’s top software executives decided early last year that Siri, the company’s virtual assistant, needed a brain transplant. The decision came after the executives Craig Federighi and John Giannandrea spent weeks testing OpenAI’s new chatbot, ChatGPT. Introduced in 2011 as the original virtual assistant in every iPhone, Siri had been limited for years to individual requests and had never been able to follow a conversation. The realization that new technology had leapfrogged Siri set in motion the tech giant’s most significant reorganization in more than a decade. race, Apple has made generative A.I.
Persons: Siri, Craig Federighi, John Giannandrea Organizations: Apple Locations: San Francisco, New York
His class of 43 students pass around mini hand-held fans during lessons on most days to keep cool. More than 33 million children were impacted as a result of the heatwave, according to groups like Save the Children and UNICEF. The worst hit were poor children in rural areas whose families couldn’t afford devices like laptops and tablets to facilitate remote learning, UNICEF says. “We don’t allow children outside when temperatures get too hot,” said Bong Samreth, who teaches at a public school in Phnom Penh. Loose, lightweight and light colored clothing was also advised for students to protect them from sunburns and heat exposure.
Persons: Seila, , , , Sheldon Yett, ” Yett, Bong Samreth, Ezra Acayan, Benjo Basas, Basas, Mirasol, Hang Chuon Naron, Ferdinand Marcos Jr, Chaideer Mahyuddin, it’s, Joy Reyes Organizations: Hong Kong CNN, CNN, Children, UNICEF, UN, , Volunteers, Getty, Governments Locations: Hong Kong, Cambodia, Phnom Penh, South, Southeast Asia, Bangladesh, Philippines, Tondo, Manila, Pangasinan, Philippine, Banda Aceh, Indonesia, AFP
Shao Chun Chen built wealth by sticking to simple principles: live below your means and invest early and regularly. Shao shared the strategies he used to increase his income while working his day job, plus the formula he used to achieve financial independence. Shao Chun Chen worked at Google Singapore for eight years. Shao Chun Chen"I forced myself. To play good offense, start by evaluating your day job.
Persons: Shao Chun Chen, He's, Merrill Lynch, Shao, you've, You've Organizations: Business, NTU Singapore, Google, BI, Google Singapore, National University of Singapore Locations: Singapore
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAfter eight years at Google, Shao Chun Chen was laid off on February 14, 2024. "A big part of your identity is where you work," Chen, who was leading a sales team at the time, told Business Insider. He says he focused on three things throughout his 20s and 30s to grow his investment portfolio and achieve financial independence. He about tripled his salary at Google and worked his way up to making six-figures, according to employment verification letters viewed by BI.
Persons: , Shao Chun Chen, Chen, He'd, Merrill Lynch, It's, you've, WIMUT THAMMAKESORN Chen, you'll, it's, Chen wouldn't, he's, Shao Chun Chen Chen Organizations: Service, Google, Business, BI, National University of Singapore, NFL, NUS, BMW Locations: Singapore
CNN —A star player for Malaysia’s soccer team is in “critical but stable condition” after an acid attack that left him with fourth-degree burns, officials said late Tuesday. Malaysian soccer officials said Faisal Halim’s movement and speech had been affected and he would require more surgery. Halim, who plays as an attacker for Selangor Football Club as well as Malaysia’s national team, was taken to a nearby private hospital in the capital, while still conscious. He had suffered severe burns to his face, neck, shoulders, hands and chest, officials add. Specialist doctors on Tuesday concluded that Halim had suffered fourth-degree burns, not second-degree burns as previously thought, said officials from the Football Association of Selangor.
Persons: Faisal Halim’s, Halim, “ Faisal, Mokhtar, , ” Mokhtar, , Akhyar Rashid, Anwar Ibrahim, Anwar, ” Halim Organizations: CNN, Malaysian, Selangor Football Club, Football Association of Selangor, Motive, Football Association of Malaysia, Malaysia’s, AFC Asian, Qatar —, South, Kyrgyzstan, Selangor, Malaysia, Liga Locations: Kuala Lumpur, Malaysian, Malaysia, Halim, Qatar, South Korea
The app's founder, Edison Chen, described it as "a space for the older generations to feel more comfortable" in an interview with D Magazine last year and somewhere "the parents of TikTok users can express themselves." AdvertisementThe spokesperson said that since the House voted on a TikTok ban, Clapper has seen 30,000 new users. While the app heavily leans on Gen X and Y, the spokesperson said Clapper is adjusting its strategy "to appeal to younger audiences." It would remind me a bit of early Vine, but a lot of content I'm being served seems to be reposted old clips scraped from YouTube and other platforms. On Clapper, I'm watching without really thinking.
Persons: , Joe Biden, Edison Chen, Chen, I'm, Zers, TikTok, Shannon Lee, Allie, Rebecca Starkey, It's, vaxxers Organizations: Service, Business, D, Pew Research Center, YouTube, Facebook
Goldman Sachs just refreshed its lists of top global stock picks, adding some and removing others. The investment bank's "Conviction List - Directors' Cut" aims to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. The stocks are selected by a subcommittee designated by the bank's Investment Review Committee for each region. Here are three of the latest additions to Goldman's directors' cut lists — for Asia-Pacific and Europe — that were given more than 30% upside potential in the next 12 months. Goldman has a target price of 11,850 British pence ($148.71) on the stock, giving it around 30.7% upside potential.
Persons: Goldman Sachs, Goldman, London Stock Exchange Goldman, Oliver Carruthers, Samsung Biologics Goldman, Ziyi Chen, Michele Della Vigna, — CNBC's Michael Bloom Organizations: bank's Investment, London Stock Exchange, Microsoft, Samsung, Korean, EU's Renewable Energy, . Locations: Asia, Pacific, Europe, Korean
Mount Ruang, a 725-meter (2,400-foot) volcano on Ruang Island, North Sulawesi, has been erupting in spectacular fashion on and off since mid-April, posing a growing threat to those living nearby and to air traffic in the region. Nearby schools have also been shut to protect children from volcanic ash, BNPB said. Video Ad Feedback Indonesia's Mount Ruang volcano continues to shoot volcanic ash 02:29 - Source: CNNMount Ruang is a stratovolcano, which are typically conical and relatively steep-sided due to the formation of viscous, sticky lava that does not flow easily. Volcanic ash from Ruang has reached eastern Malaysian airspace, Malaysia’s meteorological department said. Mount Ruang previously erupted in April, disrupting more than 200 flights on April 18 and 19 and affecting tens of thousands of passengers, officials said.
Persons: Mount Ruang, Ruang, Sam, BNPB, , Muhammad Helmi Abdullah Organizations: CNN, Reuters, National Disaster Management Authority, International, Met Malaysia, Muhammad Helmi Abdullah Regional, Air Asia, , Malaysia Airlines Locations: Mount, North Sulawesi, Manado, Ruang, Malaysian, Malaysia, Indonesia, Asia
CNN —The Arizona Senate on Wednesday will vote on legislation to repeal the state’s 160-year-old near-total abortion ban, three weeks after the state Supreme Court revived the law and thrust reproductive rights into the political spotlight. Katie Hobbs signs it, as expected, it would clear the way for the state’s 15-week limit to remain state law. On April 9, the state Supreme Court ruled that the ban should be the state law. Abortion rights advocates are also gathering signatures for a ballot initiative to enshrine abortion rights into the state constitution. Several Arizona House members, including House Speaker Ben Toma, spoke out against the repeal last week.
Persons: Republican Sens, Shawnna, Shope, Katie Hobbs, Roe, Doug Ducey, Donald Trump, Kari Lake, Kris Mayes, Mayes, Court’s Roe, Wade, , , Barrett Marson, Ben Toma, Rachel Jones, ” CNN’s Natasha Chen, Jason Kravarik Organizations: CNN, The Arizona Senate, Republican, Senate, Democratic, adjourns, Arizona Supreme, Republicans, , Democrats, Arizona House Locations: Wade, Arizona
Hong Kong stocks are back from the dead. Here’s why
  + stars: | 2024-04-30 | by ( Laura He | ) edition.cnn.com   time to read: +6 min
Hong Kong CNN —Hong Kong’s benchmark Hang Seng Index surged more than 7% in April as the best-performing major index in the world. The valuation of Hong Kong stocks has also become more “compelling” relative to the rest of the Asian region after the pullback last year, said Zhikai Chen, head of Asian equities at BNP Paribas Asset Management. He added that there is a shift in investors’ sentiments as Chinese economic data turned more positive. Innes said global investors are currently “underweight” in Chinese markets, including Hong Kong, because of geopolitical tensions and concerns surrounding potential fallout from the upcoming US elections. Stock exchange data showed that southbound investors (meaning investment from mainland China into Hong Kong) have bought nearly $20 billion of Hong Kong-listed stocks in March and the first three weeks of April on a net basis.
Persons: , Kelly Chung, Zhikai Chen, Stephen Innes, David Chao, Nomura, Xiaomei Chen, Angelina Lai, Innes, Kong, BNP Paribus Organizations: Hong Kong CNN, Hong, Value Partners, BNP, Management, P Global, PMI, Kong's, Reuters, US, People’s Bank of, HK, Locations: China, Hong Kong, United States, Beijing, India, James’s, People’s Bank of China
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEli Lilly is a 'multi-diversified drugmaker', says Cantor Fitzgerald's Louise ChenLouise Chen, Cantor Fitzgerald managing director, joins 'Squawk Box' to discuss Eli Lilly's quarterly earnings results, weight loss drug demand, growth outlook, and more.
Persons: Eli Lilly, Cantor Fitzgerald's Louise Chen Louise Chen, Cantor Fitzgerald, Eli
A New Pacific Arsenal to Counter China
  + stars: | 2024-04-26 | by ( John Ismay | Edward Wong | Pablo Robles | ) www.nytimes.com   time to read: +15 min
They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.
Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, , , Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America
NerdWallet CEO talks the current lending environment
  + stars: | 2024-04-26 | 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 EmailNerdWallet CEO talks the current lending environmentTim Chen, NerdWallet CEO, joins 'Closing Bell Overtime' to talk quarterly results, the current lending environment, and more.
Persons: Tim Chen
In total, 130 whales were returned to sea after a total of 160 were beached, according to the department of Parks and Wildlife Service Western Australia (DPAW). Also present were wildlife officials from the DPAW, as well as experienced veterinarians, trying to save as many whales as possible. Like other whale species, pilot whales are highly sociable often looking out for each other especially if a member of the pod falls sick or is injured. “That may or may not have been a factor of why these animals got to the point of stranding.”Last year more than 50 pilot whales died in a mass stranding event in Scotland. The same month wildlife officials in Western Australia said they had to make a heart-breaking decision to euthanize dozens of stranded long-finned pilot whales after a frantic rescue effort to refloat them failed to yield results.
Persons: , Ian Wiese, I’ve, ” Wiese, ” Weise, , Busselton Wildli, you’ve Organizations: CNN, Rescue, Geographe Marine Research, Parks and Wildlife Service Western Australia Locations: Dunsborough, Perth, Toby's, Australia, Scotland, Western Australia
The US Senate has passed a $95 billion package that includes money for Israel, Ukraine and Taiwan. The new legislation includes sanctions on Iran, the seizure of frozen Russian sovereign assets and a measure that could lead to a nationwide ban of TikTok. The bill next goes to President Joe Biden, who said he would sign it into law on Wednesday. “This critical legislation will make our nation and world more secure as we support our friends who are defending themselves against terrorists like Hamas and tyrants like Putin,” Biden said. Here are the latest developments in the region:
Persons: Joe Biden, Putin, ” Biden Organizations: Senate Locations: Israel, Ukraine, Taiwan, Iran
“President Biden’s remarks may have been a slip of the tongue; however, my country does not deserve to be labeled as such,” Marape said. While cannibalism was documented among remote tribes in the region in the mid-20th century, Papua New Guinea has struggled to shed stereotypes in more recent decades, and Biden’s comments were met with criticism inside the country. “These apparent untrue remarks by the sitting President is a low point in our bilateral relations,” Tkatchenko said. “He got shot down in an area where there were a lot of cannibals in New Guinea at the time. When asked about the remarks, the White House did not repeat Biden’s assertions about cannibals or his uncle’s plane being shot down.
Persons: Joe Biden’s, Biden, Ambrose Finnegan’s, James Marape, Biden’s, ” Marape, , Justin Tkatchenko, Washington, ” Tkatchenko, Marape, , Ambrose Finnegan, ” “, Finnegan “ Organizations: CNN, Papua New Guinea, Allied, Australian, Embassy, Moresby, Defense POW, Agency Locations: Papua New Guinea, Pacific, New Guinea, Papua New, Port Moresby, Beijing, United States, , U.S, Pennsylvania
In the last few days, you may have noticed something new inside Meta’s apps, including Instagram, Messenger and WhatsApp: an artificially intelligent chatbot. This is Meta’s response to OpenAI’s ChatGPT, the chatbot that upended the tech industry in 2022, and similar bots including Google’s Gemini and Microsoft’s Bing AI. The Meta bot’s image generator also competes with A.I. Unlike other chatbots and image generators, Meta’s A.I. assistant is a free tool baked into apps that billions of people use every day, making it the most aggressive push yet from a big tech company to bring this flavor of artificial intelligence — known as generative A.I.
Persons: , OpenAI’s ChatGPT, Bing, A.I, Organizations: corgi, Meta Locations: New York, San Francisco
CNN —The Arizona House of Representatives voted Wednesday to overturn the state’s 160-year-old abortion ban, setting the stage for a repeal that would leave the state’s 15-week restriction on the procedure in place. The vote comes after two failed attempts by state House lawmakers to bring the bill to the floor last week. If it succeeds, Arizona’s 15-week restriction on abortions will continue to be state law. That legislation stated explicitly that it did not overrule the 1864 law. Arizona state Rep. Stephanie Stahl Hamilton, left, hugs Arizona state Sen. Anna Hernandez after the state House voted to repeal the 1864 abortion law at the state Capitol in Phoenix on April 24, 2024.
Persons: Katie Hobbs, Roe, Wade, Doug Ducey, Stephanie Stahl Hamilton, Sen, Anna Hernandez, Rebecca Noble Organizations: CNN, Arizona, Arizona GOP, Democratic, Republican Gov, Reuters, Abortion, Arizona House, Republican Locations: Arizona, Phoenix
Mark Zuckerberg revealed the reason for his new chain necklace. The internet has been flooded with memes and compliments since Zuckerberg debuted the new look. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe hype around Mark Zuckerberg's new chain lives on, and the story behind it is pretty endearing. This story is available exclusively to Business Insider subscribers.
Persons: Mark Zuckerberg, Zuckerberg, , Mark, Eva Chen Organizations: Service, Business
Where to buy glasses online using insurance FAQsWhat is FSA/HSA? A FSA, or flexible spending account, is an account provided by your employer in order to save on taxes and pay for qualified expenses. An HSA, or health savings account, is a type of flexible spending account geared towards qualified medical expenses. By enrolling in a High Deductible Health Plan and opening an HSA, your monthly insurance premium is usually lower, while tax exempt dollars from your HSA pay for higher deductibles, copayments, coinsurance, and other health-related costs. When ordering glasses online, you'll be prompted for your PD, or pupillary distance.
Persons: Read, you'll Organizations: IRS
At New York's Dragon Festival, authentic Chinese brands and restaurants excite locals' taste buds. Its founder shared some of her favorite vendors of soup dumplings and candies at the opening event. "This doesn't taste like home," said Xu, a 31-year-old entrepreneur and the creator of New York City's Dragon Festival, the biggest Chinese-food festival in the metropolitan area. Jessie YuChen for BIChen said that confectioners in her home province of Fujian, China, caught her attention when she was younger. In 2006, inspired by the soup dumplings made popular by Shanghai's Nanxiang district, Ma opened his first New York City storefront.
Persons: , Xu, Jessie YuChen, she's, Mila, Tang Hulu, I'm, Bu Tong, Ivy Chen, Dragon Lulu, Chen, Vivian Cao, confectioners, Emperor Guangzong, Michael Ma, Xiang Xiao Long Bao, Nan Xiang Xiao Long Bao, Ma, Nan, bartenders, Coco, Xibei Yang Organizations: Service, Park, Dragon, Prospect, lollipop, Michelin, Chi Forest, Haidilao, BI Locations: New York, SoHo, Chinatown, Flushing, York City, Koreatown, Union, Chelsea, Washington, Kwa, Henan, Queens, Prospect Park , Brooklyn, Beijing, Fujian, China, Shanghai, York, Nanxiang, New York City, Jiangsu, Zhejiang, Chi, Thai, Bangkok, Sichuan, Manhattan
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