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Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Appen, based in Australia, has helped train AI models for a star-studded list of tech behemoths. Five customers — Microsoft , Apple , Meta , Google and Amazon — have in the past accounted for 80% of Appen's revenue. Alphabet accounted for roughly one-third of Appen's revenue, meaning the decision to end the relationship will impact "at least two thousand subcontracted Alphabet workers," according to a statement Monday from the Alphabet Workers Union. Alphabet has cut contractual ties with Appen , the artificial intelligence data firm that helped train Google's chatbot Bard, Google Search results and other AI products.
Persons: Sundar Pichai, Pichai, Appen, Bard, Appen's, OpenAI's ChatGPT, Google's Bard, didn't, Bard chatbot Organizations: Google, Microsoft, Apple, Alphabet Workers, Appen, Revenue, Australian Securities Exchange, CNBC, Adobe, Nvidia, U.S . National Labor Relations Board Locations: Washington ,, Australia
On Sunday, crews in Memphis, Tennessee continued to work around the clock to find and fix broken pipes that were causing low water pressure throughout the system. Elsewhere, freezing rain, sleet and high wind gusts later Sunday would make traveling in parts of Kansas and Oklahoma particularly treacherous, the National Weather Service said. “With no additional replenishment of arctic air from Canada, a steady warm-up is in store for the mid-section of the country,” the weather service said. Trees and power lines already coated with ice could topple if they get more, the National Weather Service warned. “Stay safe out there over the next several days as our region tries to thaw out,” the weather service said.
Persons: Doug McGowen, , ” McGowen, McGowen, Sam Roth, , Eddie Noeman, , David Collins, Curt Anderson Organizations: Sunday, Memphis, Water, Rhodes College, Tennessee Emergency Management Agency, Firefighters, WMC, Tennessee Department of Health, National Weather Service, Buffalo Bills, Kansas City Chiefs, Highmark, Associated Press Locations: Tenn, U.S, Texas, Florida, Memphis , Tennessee, Memphis, Nashville, ” Memphis, Tennessee, Tipton County, Mason, Kansas, Oklahoma, Iowa, Iowa’s, Des Moines, Canada, New York, Orchard, Erie, West Coast, Columbia, Hartford , Connecticut, St . Petersburg , Florida
AL-MAZRA'A ASH-SHARQIYA, West Bank (AP) — The father of an American teen killed by Israeli fire in the occupied West Bank railed against Washington's military support for Israel, as hundreds of mourners buried the 17-year-old in the family's ancestral Palestinian village Saturday. The Palestinian Health Ministry says 369 Palestinians have been killed in the West Bank since Oct. 7. Most of the Palestinians were killed during shootouts in the West Bank that the Israeli military says began during operations to arrest Palestinian gunmen. In several documented instances, Israeli forces and settlers have killed Palestinians who witnesses report were not engaged in violence. Israel captured the West Bank, along with east Jerusalem and the Gaza Strip, in the 1967 Mideast war.
Persons: Tawfiq Ajaq, Biden, , , ” Tawfiq Ajaq, Mazra’a, Sharqiya, Hafez Ajaq, Joe Abdel Qaki, Ajaq, Abdel Qaki, John Kirby, ” Kirby, “ We’re, Israel, ___ Frankel Organizations: West Bank, Israel, White, ” Police, West Bank . Al, . Police, Hamas, Palestinian Health Ministry Locations: Israel, Gaza, U.S, Gretna , Louisiana, New Orleans, Al, American, Jerusalem
CNN —US personnel were injured in a ballistic missile attack on Al-Asad Air Base in Iraq on Saturday, two US officials said. The attack resulted in minor injuries, the officials said, though it was not immediately clear how many personnel had been injured. US Central Command confirmed the attack Saturday evening and said in a statement that “a number” of US personnel are being evaluated for traumatic brain injuries. Multiple ballistic missiles and rockets targeted the base and, while most were intercepted by the base’s air defenses, some made impact, the CENTCOM statement said. The Islamic Resistance in Iraq, an Iranian-backed militia group, claimed responsibility for Saturday’s attack.
Persons: , Biden, , Mohammed Shia, Sudani, Jake Sullivan, Joe Biden, CNN’s Kaanita Iyer, Mohammed Tawfeeq, Hamdi Alkhshali, Haley Britzky, Donald Judd Organizations: CNN, Asad Air Base, US Central Command, Hezbollah, US, ISIS, Reuters, UN, Pentagon Locations: Al, Iraq, Israel, Syria, Iranian, Gaza, Iraqi, Iraq’s, , Davos, Switzerland, Aden
WASHINGTON (AP) — President Joe Biden will convene top congressional leaders Wednesday at the White House pressing for his $110 billion national security package at a pivotal time as senators narrow on a landmark immigration deal that could unlock the stalled aid to Ukraine, Israel and other U.S. allies. “I will tell the President that I’ve been seeing it consistently since the moment I was handed the gavel,” said Johnson, R-La. But the speaker leads an ambivalent House GOP majority that wants to extract its own priorities on the U.S.-Mexico border in exchange for any overseas support. The speaker has insisted any border security deal must align with the House-passed strict border security bill. “It’s an opportunity to get some really conservative border policy that we haven’t been able to get for 40 years,” he said.
Persons: Joe Biden, Mike Johnson, Johnson, I’ve, , Biden, Karine Jean, Pierre, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, , Biden “, ” Biden, Donald Trump, Vladimir Putin's, Antony Blinken, Jake Sullivan, Zelenskyy, , ” Johnson, Republican Sen, James Lankford of, Alejandro Mayorkas, Lankford, McConnell, John Thune of Organizations: WASHINGTON, White, Senate, Republicans, House Democratic, Republican, U.S . National, Zelenskyy, Washington, GOP, Homeland Locations: Ukraine, Israel, U.S, Mexico, D, Ky, Congress, Russian, Davos, Washington, Russia, James Lankford of Oklahoma, John Thune of South Dakota
Washington CNN —Chinese-made drones “continue to pose a significant risk to critical infrastructure and US national security” and companies should be wary of using them, the FBI and Cybersecurity and Infrastructure Security Agency warned in a new memo issued Wednesday. “Our nation’s critical infrastructure sectors, such as energy, chemical and communications, are increasingly relying on [unmanned aerial systems] for various missions that ultimately reduce operating costs and improve staff safety,” said CISA Executive Assistant Director for Infrastructure Security Dr. David Mussington in a statement. The Department of Homeland Security has been warning about the risks posed by Chinese-made drones, which dominate the global market for commercial drones, for years. “CISA and the FBI rightly point out the risk, and more importantly, how to mitigate these known cyber risks. It’s clear that the United States government has deemed Chinese-made drones a threat to security as China’s dominance of the electronics supply chain, including drones, is harming U.S. national security interests.”
Persons: , David Mussington, DJI, Brian Harrell, we’ve, “ CISA Organizations: Washington CNN, FBI, Infrastructure Security Agency, CNN, Infrastructure Security, PRC’s, Civil Fusion, Department of Homeland Security, DHS, US Army, U.S Locations: China, People’s Republic of China, United States, Canada, DJI
The annual forum steps up a gear Tuesday with special addresses by Chinese Premier Li Qiang, European Commission President Ursula von der Leyen, U.S. National Security Advisor Jake Sullivan and Ukrainian President Volodymyr Zelenskyy. European stocks are heading for a lower open Tuesday as markets continue to focus on news and comments from the World Economic Forum in Davos, Switzerland. A general view shows the congress centre, the venue of the World Economic Forum (WEF) in Davos, Switzerland January 13, 2020. Asia-Pacific markets fell overnight, with Japanese stocks also halting their record-breaking rally since the start of the year. U.S. stock futures were also lower Monday night as Wall Street awaits December retail sales data due Wednesday and bank earnings that will provide a better picture of the state of the American consumer.
Persons: Premier Li Qiang, Ursula von der Leyen, Jake Sullivan, Volodymyr Zelenskyy Organizations: Premier, U.S . National, Economic Locations: U.S, Davos, Switzerland, Swiss, Asia, Pacific
The Wells Fargo report, entitled “FAA audit opens up a whole new can of worms,” noted that Boeing’s quality control and engineering problems have been ongoing for years. After part of an Alaska Airlines] 737 Max 9 jet fell off the plane mid-flight, the likelihood of the US Federal Aviation Administration coming out of its investigation without significant findings was very low. The FAA last week opened an investigation into Boeing’s quality control after the Alaska Airlines incident. He also said Boeing is now more closely monitoring the work of a key supplier that builds the 737 Max fuselage. Wells Fargo analysts noted in their report that the FAA investigation could take some time to complete, noting many of its probes remain “under investigation” months after the original incidents.
Persons: Wells, , Max, Boeing “, Kirkland H, Donald “, Donald, David Calhoun, Stan Deal, Deal, Mike Whitaker, Calhoun, Jennifer Homendy, United Airlines —, , Pete Muntean, Chris Isidore, Ramishah Maruf Organizations: New, New York CNN, Boeing, Wall, FAA, Alaska Airlines, US Federal Aviation Administration, NTSB, US, CNN, National Transportation, United Airlines Locations: New York, Portland , Oregon, Alaska, United, Indonesia, Ethiopia
The New Hampshire primary comes eight days after Iowa's Republican caucuses, which former President Donald Trump dominated. The New Hampshire primary will take place on Tuesday, Jan. 23, with the precise hours dependent on the voting location. That means the New Hampshire primary will serve purely as a barometer of support for the Democrats in the race. But New Hampshire state law requires it to host the first primary, and the Republican-controlled state government declined to make any legislative change to its primary date. Democratic President Joe Biden is running for reelection but will not be on the ballot because of the primary date dispute.
Persons: Gram Slattery, Donald Trump, Ron DeSantis, Nikki Haley, DeSantis, Haley, Dean Phillips, Marianne Williamson, Joe Biden, Trump, Chris Christie, Biden, Phillips, Colleen Jenkins, Jonathan Oatis Organizations: Republican, The New, Republicans, Republican National Convention, Democratic National Convention, Democrats, Democratic Party, Hampshire's, WHO, Trump, Democratic, Dean Phillips of Minnesota, Former New Jersey, Biden, Reuters, New Locations: New Hampshire, The New Hampshire, Hampshire, Iowa, South Carolina, Trump , Florida, Northeastern
Two-thirds of Republican voters don’t think President Joe Biden’s 2020 victory was legitimate, despite all evidence to the contrary. Iowa caucusgoers, unlike most of the country, overwhelmingly support banning most or all abortions nationwide. Iowa voters could be asked on the general election ballot to make clear there is no right to abortion guaranteed in their state’s constitution. While Trump held a commanding lead among Iowa caucusgoers without college degrees, college graduates were more closely divided among Trump, former South Carolina Gov. But she made clear this week that she would ultimately support Trump if he’s the nominee.
Persons: Donald Trump’s, MAGA, Trump, Joe Biden’s, caucusgoers, Biden, Sen, Ted Cruz, Ariel Edwards, Levy, Nikki Haley, Ron DeSantis, , Republican caucusgoers, it’s, Jack Smith, Kim Reynolds, “ I’m, Chris Sununu, Haley, Sununu, CNN’s Kaitlan Collins, he’s, , – there’s, Chris Christie, DeSantis Organizations: CNN, Iowa Republican, GOP, Republican, Trump, Republicans, Voters, Iowa’s Republican, Iowa, GOP CNN, South Carolina Gov, Florida Gov, White, Iowa Gov, Fox News, New, New Hampshire Gov, New Jersey Gov Locations: Iowa, Ted Cruz of Texas, Caucusgoers, Washington, DC, New Hampshire, New Jersey
Four Dead in Arizona Hot Air Balloon Crash
  + stars: | 2024-01-15 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +2 min
By Daniel Trotta(Reuters) - Four people including the pilot died and another person was critically injured when their hot air balloon crashed into the Arizona desert on Sunday after eight skydivers had successfully jumped out of the basket, investigators said. "The balloon impacted desert terrain following an unspecified problem with its envelope," the NTSB said, referring to the outer bag of the balloon. "It is important to clarify that the skydiving was intentional and was successfully completed by all skydivers before any issues with the hot air balloon were evident," the Eloy Police Department said in a statement. Survivor Valerie Stutterheim, 23, of Scottsdale, Arizona, was in critical condition, police said. The company operating the flight, Droplyne Hot Air Balloon Rides, had a perfect safety record, according to its website.
Persons: Daniel Trotta, skydivers, Wiescholek, Kaitlynn Bartrom, Atahan Kiliccote, Cornelius Van Der Walt, Valerie Stutterheim, Droplyne, Eloy, Michael Perry Organizations: U.S . National Transportation Safety, NTSB, Eloy Police Department, Police, South, Company Locations: Arizona, Eloy, Phoenix, Washington, Union City , Michigan, Andrews , Indiana, Cupertino , California, South African, Scottsdale , Arizona, Moab , Utah, Carlsbad , California
A bill proposing a federal holiday honoring Martin Luther King Jr. was first introduced in 1968. Martin Luther King Jr. Day is the second federal holiday of every calendar year (after New Year's Day). The first time Martin Luther King Jr. Day was officially observed was in 1986, according to Time. AdvertisementSouth Carolina became the last state, in 2000, to officially designate Martin Luther King Jr. Day as a federal holiday. As part of Martin Luther King Jr. Day, public schools and universities are closed, and it's a bank holiday.
Persons: Martin Luther King Jr, Ronald Reagan, , that's, Holiday Bill, King, . King, Bill, John Conyers of, Congressional Black Caucus —, Republican Sen, Edward Brooke of Massachusetts, didn't, Stevie Wonder, Robert E, Lee, George Washington, Christopher Columbus, Conyers Organizations: Service, MLK, National Museum of, Democratic Rep, Congressional Black Caucus, Republican, Confederate, USPS Locations: Memphis , Tennessee, Memphis, John Conyers of Michigan, Washington, Carolina, Alabama, Mississippi
The start of the 1920s brought in a new era for transportation, and automobiles had become a mainstream method of travel for many people. A man fills up his automobile at a fueling station in 1924. National Motor Museum/Heritage Images/Getty ImagesThough many countries were still recovering from the negative effects of World War I, by 1924 the United States had bounced back and become a hive of industry. One of the most popular vehicles of the time was the Ford Model T, which the Ford Motor Company sold between the years 1908 and 1927. When it was time to fill up the tank, drivers would pull into a fueling station, like the one pictured above, where gas would run you between 13 and 25 cents per gallon.
Organizations: National Motor Museum, Ford, Ford Motor Company Locations: United States
The latest calculations from several science agencies showing Earth obliterated global heat records last year may seem scary. Former NASA climate scientist James Hansen, often considered the godfather of global warming science, theorized last year that warming was accelerating. That’s 0.27 degrees (0.15 degrees Celsius) warmer than the previous record set in 2016 and 2.43 degrees (1.35 degrees Celsius) warmer than pre-industrial temperatures. NASA and the United Kingdom Meteorological Office had the warming since the mid-19th century a bit higher at 2.5 degrees (1.39 degrees Celsius) and 2.63 degrees (1.46 degrees Celsius) respectively. It’s the third time in the last eight years that a global heat record was set.
Persons: Nature, , Katharine Jacobs, Gavin Schmidt, El, NASA's Schmidt, Schmidt, Samantha Burgess, Europe's, Burgess, James Hansen, Daniel Swain, Russ Vose, Jennifer Francis, Katharine Hayhoe, Randall Cerveny, , ” Cerveny, Natalie Mahowald, “ I've, Kim Cobb, ” ___ Read, Seth Borenstein Organizations: Associated Press, University of Arizona, El Nino, Service, NASA, AP, UCLA, U.S . National Oceanic, Administration, NOAA’s National Centers for Environmental, United Kingdom Meteorological Office, . Records, World Meteorological Organization, Climate Research, Conservancy, NOAA, Arizona State University, WMO, Cornell University, The Associated Press Locations: British, El, Paris, Brown, AP.org
Washington, DC CNN —Renters and homeowners experience inflation differently; and right now, renters are taking a much more painful hit. While shelter inflation has come down over the past few months, in December, the shelter index was still 6.2% higher year over year. Inflation divide between renters and homeownersTwo things are driving the divide between how homeowners and renters experience inflation. And 64% of homeowners have a mortgage rate of 4% or lower — more than two and a half percentage points lower than prevailing rates. Even if the typical mortgage payment is higher than a typical monthly rent payment, renters’ incomes tend to be lower than homeowners.
Persons: , Lisa Sturtevant, Danielle Hale, Realtor.com, , Hale Organizations: DC CNN, Bright MLS, Bank of America Institute, BLS, Locations: Washington
In this article HLAG-DEMAERSK.B-DK Follow your favorite stocks CREATE FREE ACCOUNTA ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty ImagesU.S. shipping costs are spiking as attacks in the Red Sea disrupt global trade, raising fears that inflation might pick up again if the disruption persists. But the Red Sea crisis is now having a significant impact further afield with shipping costs between Asia and the U.S also spiking. Shipping rates from North Asia to the U.S. East Coast have jumped 137% to $5,100 for a 40-foot container from early October, according to S&P Global. JPMorgan told clients on Tuesday that the fight against inflation could stall in the coming months if shipping costs push the price of goods higher.
Persons: Sayed Hassan, John Kirby, Kirby, Biden, Chris Rogers, Mark Hopkins, we're, Hopkins, It's, Balika Sonthalia, Sonthalia Organizations: Getty, P Global Market Intelligence, P, U.S ., U.S . East Coast, U.S . West Coast, JPMorgan, Federal Reserve, . National Security, White, Moody's, CNBC, Kearney, The New, The New York Federal, HSBC Locations: Suez, Ismailia, Egypt, South Africa, Asia, Europe, North Asia, Israel, U.S, U.S . East, U.S . West, The New York, Panama
Emma Degerstedt took to TikTok to share her wedding flight got axed last minute. She was slated to fly on a Boeing 737 Max 9, the plane model that lost its door mid-air last week. But a day before Degerstedt and her fiancé were scheduled to fly from Newark, New Jersey, to Fort Lauderdale, Florida, for their wedding, Degerstedt discovered their United flight was canceled. "We were emotionally prepared for this moment, but we just thought it might be a delayed flight due to weather," Degerstedt told BI. He booked the pair on the last two seats of an American Airlines flight heading to Florida at 6:30 a.m. on Wednesday.
Persons: Emma Degerstedt, TikTok, , Degerstedt, Max, jetliner, Degerstedt's fiancé, @officialemmadegs, ault, ike, ain Organizations: Boeing, Service, Max, FAA, Alaska Airlines, @United, Reuters, United, . United Airlines, National Transportation Safety Board, Portland International Airport, National Transportation, American Airlines, eads Locations: Newark , New Jersey, Fort Lauderdale , Florida, Alaska, Portland , Ore, Portland, Florida, Newark, nabbing, We'll, ideos
5 things to know about Boeing’s latest 737 Max crisis
  + stars: | 2024-01-10 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +10 min
Here is the latest on what to know as Boeing faces yet another 737 Max crisis. “We’ll make sure that we take steps to ensure that it never, never can happen.”The 737 Max 9 remains groundedOn Saturday, the Federal Aviation Administration ordered most Boeing 737 Max 9 aircraft to be temporarily grounded as regulators and Boeing investigate the cause of the incident. That has led to hundreds of cancelations, particularly from Alaska Airlines and United Airlines, which have dozens of the 737 Max 9 planes. United Airlines said it is canceling 167 Boeing 737 Max 9 flights today and expects significant cancellations on Thursday, too. Alaska Airlines also said Monday it found loose hardware on some of its 737 Max 9 planes during inspections.
Persons: Dave Calhoun, company’s ‘, , Calhoun, ” Calhoun, Patrick Shanahan, “ We’re, , “ We’ll, Max, Jennifer Homendy, CNN’s Poppy Harlow, AeroSystems, Republican Sen, J.D, Vance, Joe Biden, John Lovell, David Calhoun, ” Homendy, “ I’ve, I’ve, What’s, Eric Weiss, it’s, , Catherine Thorbecke, Chris Isidore, Greg Wallace, Pete Muntean Organizations: New, New York CNN, Alaska Airlines, Max, Boeing, CNBC, Alaska Airlines midflight, Spirit, Federal Aviation Administration, United Airlines, . United Airlines, National Transportation Safety, CNN, FAA, NTSB, Republican, Senate, National Transportation Safety Board, Alaska Airlines Flight, Reuters, Airbus, Transportation Safety Locations: New York, Portland , Oregon, , Ohio, Alaska, U.S, Indonesia, Ethiopia, Calhoun, Portland
The International Court of Justice, the U.N.'s highest legal body, will this week hear a case brought by South Africa that accuses Israel of committing genocide against Palestinian people during the assault on the Gaza Strip. Ambassador Reuben Brigety accused South Africa of running guns for Russia via a mystery merchant ship, a South African inquiry found no evidence of the alleged arms shipment, but ties between the two historical allies remained taut. "Over the past two years a succession of frustrations, including South Africa feeling it is being pushed on Russia-Ukraine, the U.S. Ambassador's statements on South African domestic security and on its relationship with Russia, and U.S. policy on China in Africa, have all contributed to the worsening of this relationship," Vandome said. 'Solidarity against apartheid oppression' South Africa's close relationship with Russia is based on a multitude of factors past and present.
Persons: John Kirby, Kevin Lamarque, Israel, Reuben Brigety, Cyril Ramaphosa, Chris Vandome, Vandome, Sergey Lavrov, Naledi Pandor Organizations: White, Reuters, U.S, Court of Justice, Palestinian, . National Security, Chatham, CNBC, South, Russian, African Foreign, Pretoria Ihsaan Haffejee, Anadolu Agency, Getty, United States Trade, Solidarity, Congress, ANC, Party Locations: Washington , U.S, South Africa, Gaza, Israel, Washington, Pretoria, Russia, China, African, Ukraine, Africa, U.S, Palestine, PRETORIA, Pretoria Ihsaan
The most exciting new trains coming in 2024
  + stars: | 2024-01-04 | by ( Ben Jones | ) edition.cnn.com   time to read: +13 min
CNN —Around the world, travelers are flocking back to trains, and demand is increasing across the board for high-speed trains, luxury “land cruises” and long-distance day and night trains. Here are some of the best new trains you’ll be able to take in 2024. Laurie Dieffembacq/Belga/AFP/Getty ImagesLinks between two of Europe’s most visited capitals have traditionally been pretty poor, with no direct trains since the 1990s. Ian Clarke/Alamy Stock PhotoFour continents, 13 countries, and seven luxury trains across 80 days – the ultimate experience for rail travel connoisseurs is due to depart in late 2024. BelmondOne of the world’s greatest luxury train journeys is returning to the rails in 2024 after a four-year gap.
Persons: Laurie Dieffembacq, Dimorestudio, Vita ”, Riva Aquarama, itineraries, Jeroen Berends, Gabriel Bouys, it’s, Jesus Hellin, That’s, Trenitalia, Luigi Ferraris, France –, Railbookers, Ian Clarke, we’ve, , Frank Marini, Alex Halada, There’s Organizations: CNN, Orient, Getty, ÖBB, Austrian Federal Railways, SNCF, Eurostar, National, Europa Press, French, Renfe, FS, Rocky Mountaineer, Royal, Orient Express, Oriental, , Oriental Express, Austrian Railways, Swiss Locations: Swiss, Venice, Paris, Berlin, AFP, Strasbourg, Frankfurt, Italy, Rome, Matera, Palermo, Sicily, Messina, Europe’s, Istanbul, Split, Brussels, Prague, Europe, Dutch, Dresden, Belgian, Roman, Naples, Madrid, Spain, France, Spanish, Barcelona, Lyon, Marseille, Canada, Central Europe, India, South Africa, Eastern, Vancouver, Malaysia, Singapore, Malaysia’s, Kuala Lumpur, Langkawi, Penang, Bangkok, Vienna, Innsbruck, Hamburg, Switzerland, Germany, Zürich, Gornergrat Bahn, Zermatt, Gornergrat, Riffelalp
Still, legacy media companies including Disney, Paramount Global, Warner Bros. Since the "Great Netflix Correction" of 2022, there isn't a unifying growth narrative for media and entertainment companies. Disney, Paramount Global and NBCUniversal have all pegged 2025 as their flagship streaming services' first full year of profitability. Beyond financial metrics, several executives privately acknowledged morale has become an increasing concern at legacy media companies. One executive noted he's increasingly hearing from peers that running media and entertainment companies just isn't as fun as it was five or 10 years ago.
Persons: Corey Martin, Granderson Des Rochers, Martin, Jerome Powell, Liu Jie, Shari Redstone, David A, CNBC Shari Redstone, Biden, Sinclair, Lina Khan, Joe Biden, Khan, There's, John Harrison, Brian Roberts, Drew Angerer, Donald Trump, Trump, David Zaslav, Michael M, Disney, Nelson Peltz, Jay Rasulo, Bob Iger, he's, LightShed's Rich Greenfield Organizations: Universal Studios, Warner Bros . Discovery, Disney, Paramount Global, Comcast, Granderson, U.S, Federal, Washington , D.C, Xinhua News Agency, Getty, Treasury, Federal Reserve, Allen, Co . Media, Technology Conference, Grogan, CNBC, Trump, Nexstar, Gray Television, Federal Trade, Verizon, Mobile, NBCUniversal, CBS, NBC, EY, Allen & Company Sun Valley Conference, Trump's Department, Justice, Time Warner, Republican, Democratic, Netflix, Cable, Warner Bros, New York Times, Santiago, Getty Images Media, Management, Paramount Locations: Washington ,, United States, Sun Valley , Idaho, Tegna, Europe, U.S, EY Americas, New York City
Meanwhile, Jim Cramer's interview with an influential member of President Joe Biden's cabinet proved encouraging for Club holding Nvidia . It's been a two-session roller-coaster ride that illustrates the importance of staying disciplined and not chasing stocks while they're surging for non-fundamental reasons. Traders were trying to front-run the official announcement, pushing Linde stock up 4.53% Tuesday, to an all-time high of $426.72 per share. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Nvidia CEO Jen-Hsun Huang at the Consumer Elctronics Show (CES) in Las Vegas, USA, 04 January 2017.
Persons: Linde, Jim Cramer's, Joe Biden's, It's, Pfizer's, drugmaker Seagen, there's, Gina Raimondo, Jim, Biden, Raimondo, " Raimondo, Cigna, Humana's, , Humana, Aetna's, Jim Cramer, Jen, Hsun Huang, Huang, Andrej Sokolow Organizations: Club, Nvidia, LIN, Linde, Nasdaq, Traders, . Commerce, U.S, Bank of America, Wall Street Journal, Humana, CNBC, Consumer, Audi, Getty Locations: China, U.S, Wall, Las Vegas, USA
It has been predominantly used by life insurers, because they need to boost their investment returns with cheap funding to meet long-term liabilities. They provide the cheap funding to banks and insurers in exchange for collateral to ensure they get their money back. Insurers are entitled to tap FHLB funding. Insurers’ borrowing from FHLBs picked up in 2008 financial crisis, as those that spread themselves thin with aggressive investments scrambled for cash. They did not explain why insurers need FHLB funding to invest in mortgages.
Persons: Sarah Silbiger, Ryan Donovan, CMBS, Lawrence White, White, Graphics JUICING, Cynthia Beaulieu, Cornelius Hurley, Hurley, FHLBs, , Michael Ericson, Jack Dolan, Koh Qui, Greg Roumeliotis, Anna Driver Organizations: REUTERS, Loan, Federal Housing Finance Agency, of Federal Home Loan, FHLBs, FHLB, National Association of Insurance, New York University, MetLife Inc, Equitable Holdings Inc, Corebridge, Brighthouse Financial, MetLife, TIAA, Equitable, Graphics, Wellington Management, Boston University School of Law, Coalition, Silicon Valley Bank, First, American, of, Insurance Coalition, Reuters, Thomson Locations: Washington , U.S, U.S, Boston, Silicon, First Republic, Chicago, New York
HUNTINGTON BEACH, Calif. (AP) — Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm. The agency's board members recommended that authorities increase the safety margin between ships anchored on their way to and from the ports of Los Angeles and Long Beach and undersea pipelines in the area. Political Cartoons View All 1283 ImagesThey also urged vessel traffic services across the country to provide audible and visual alarms to those tasked with keeping watch when anchored vessels near pipelines. The recommendations as well as several others followed a nearly four-hour hearing on the spill, one of the largest in Southern California in recent years. A message was also left for the Port of Long Beach.
Persons: Andrew Ehlers, , Organizations: , National Transportation Safety, MSC Danit, NTSB, Port, Marine Exchange, U.S . Coast Guard, Surf Locations: HUNTINGTON BEACH, Calif, Southern California, Houston, Huntington Beach, Beijing, Los Angeles, Long, Port of Los Angeles, Port of Long Beach, Danit
FBI Director Christopher Wray attends a House Homeland Security Committee hearing examining worldwide threats to the U.S., on Capitol Hill in Washington, U.S., November 15, 2023. “Stripping the FBI of its 702 authorities would be a form of unilateral disarmament,” Wray will tell the Democratic-led Senate Judiciary Committee during an oversight hearing, according to excerpts of his testimony released by the FBI. A bipartisan team of U.S. lawmakers introduced legislation last month to impose new limits on searches of Americans' communications and prohibit so-called "backdoor" searches which invoke foreign intelligence justifications to spy on Americans. Wray plans to tell the Senate panel that the FBI will be “good stewards of our authorities,” citing reforms he said the FBI has already made in response to criticism of law enforcement’s use of the law. Reporting by Andrew Goudsward Editing by Don Durfee and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Persons: Christopher Wray, Elizabeth Frantz, ” Wray, Wray, Donald Trump, Joe Biden’s, Hunter, Andrew Goudsward, Don Durfee, Kim Coghill Organizations: Homeland Security, Capitol, REUTERS, Rights, Foreign Intelligence, Democratic, FBI, U.S, U.S . Capitol, Thomson Locations: U.S, Washington , U.S, United States, Iran, China
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