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☆ Apple Intelligence will drive sales for iPhone 16. Just wait for it, analyst says.
▼ + stars: | 2024-09-23 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Read previewApple Intelligence didn't come with the latest iPhone 16 drop on September 20, but that won't matter — analysts are confident that it'll still boost iPhone 16 sales throughout the next 12 months as Apple releases the AI-powered features in multiple software updates. "Apple Intelligence is still the big driver," Gil Luria, an Apple analyst for D.A. The analyst compared Apple Intelligence's sales boost potential to the excitement around 5G coverage for iPhone 12 about four years ago. According to the analyst, the difference now is that Apple Intelligence won't come out of the box. Luria, the Apple analyst, told BI that Apple Intelligence won't be a popular feature until people can start using it, comparing it to AI's dominance after ChatGPT was released to the public in 2022.

Persons: —, Gil Luria, Davidson, Chi Kuo, Luria, Dan Ives, Ives, Ron Witt, " Luria, ChatGPT Organizations: Service, Apple, Apple Intelligence, D.A, Business, BofA Global Research, BI, 5G, Wedbush Securities Locations: Cupertino, San Francisco and New York, San Francisco

Israel and the Hezbollah militant group exchanged heavy fire across Lebanon's border on Sunday, fueling fears of a wider conflict in the region as the monthslong war in Gaza continues to rage. “Dozens of rockets hit Israel which destroyed homes, cars and communities.” Israel Defense Forces spokesman Lt. Col. Nadav Shoshani said on X. In a separate statement, the IDF said roughly 150 rockets, cruise missiles, and drones were launched at Israel. “This is a blatant attack on the Al Jazeera channel and Al Jazeera Network and those who are working with them, as well as on the freedom of speech and the task of delivering the truth,” al-Omari told Reuters. Last week, Israel’s government announced it was revoking the press credentials of Al Jazeera journalists in the country, four months after banning the channel from operating inside Israel.

Persons: Nadav Shoshani, Israel‘s Magen David Adom, United Hatzalah, Benjamin Netanyahu, “, JACK GUEZ, Al Jazeera’s, Walid al, ”, Omari, Shlomo Karhi, Al, Israel’s Organizations: Israel Defense Forces, United, IDF, Sunday, Getty, Israel, ., West Bank, Al, Al Jazeera Network, Reuters Locations: Israel, Lebanon's, Gaza, Lebanon, Beirut, Iraq, Iran, State, Haifa, AFP, Al, Ramallah, Al Jazeera, ” Israel

☆ Hezbollah fires rockets deep into northern Israel as tensions flare. Here’s what we know
▼ + stars: | 2024-09-22 | by ( Sophie Tanno | ) edition.cnn.com time to read: +7 min

On Saturday Israel pounded Hezbollah targets with nearly 300 strikes it what they described as preemptive action to thwart a planned attack. Hezbollah meanwhile has been launching a barrage of rockets and other projectiles at Israel in what it says is retaliation for Israeli attacks in Lebanon. Israel meanwhile fired nearly 300 projectiles into southern Lebanon on Saturday in what the military said was pre-emptive action against a planned Hezbollah attack. Israel continued its strikes into Sunday, with Lebanon’s official National News Agency (NNA) reporting two people were killed Sunday morning in southern Lebanon. Speaking on Sunday, Netanyahu again put the focus on ensuring the return of Israel citizens to their homes in northern Israel and to restore security in that region.

Persons: pagers, Firass Abiad, Ibrahim Aqil, Tsur Shalom, Israel, Bilal Hussein, Israel Herzog, Israel “, Naim Qassim –, Hassan Nasrallah –, Benjamin Netanyahu, Netanyahu, ” Organizations: CNN, Israel, Hezbollah –, Hezbollah, National News Agency, Sky News, Hamas Locations: Israel, Gaza, Lebanese, Lebanon, Hezbollah, Iran, Beirut, Wednesday, Kiryat, Moreshet, Haifa, Will, United States, Beirut's, Yemen, Syria, Iraq, Israeli

☆ Park your cash in these 3 places to get higher yields than money-market funds as interest rates fall, according to Goldman Sachs
▼ + stars: | 2024-09-22 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

3 trades for falling interest ratesFor investors concerned about the yield on their cash, one solution might be ultrashort bond funds. In the last 12 months, ultrashort bond funds have materially outperformed taxable money market funds, returning an average of 6.36% compared to 5.09% for money markets, according to Morningstar. McCarthy recommends investing in a mix of ultrashort securities such as investment-grade corporates, asset-backed securities, and government securities for diversification purposes. AdvertisementThe Nuveen Ultrashort Income ETF (NUSB) and the Goldman Sachs Access Ultrashort Bond ETF (GSST) are examples of ultrashort bond funds. Investors can gain exposure to premium income funds through the SPDR SSGA US Equity Premium Income ETF (SPIN) and JPMorgan Equity Premium Income ETF(JEPI).

Persons: —, Scott Diamond, Brendan McCarthy, Goldman Sachs, Morningstar, McCarthy, Diamond Organizations: Service, Federal Reserve, Equity, Business, Goldman Sachs Asset Management, Bond, Bond ETF, JPMorgan Ultrashort, Investors, JPMorgan Equity Locations: Treasurys

☆ Man City 2 Arsenal 2 – Controversial red, quick free kicks and rivalry ignited in classic
▼ + stars: | 2024-09-22 | by ( Sam Lee | James Mcnicholas | ) www.nytimes.com time to read: +11 min

John Stones sends Man City back to the top of the table 🔝#MCIARS pic.twitter.com/XY8DbUAVDD — Premier League (@premierleague) September 22, 2024Is this now a proper rivalry? AdvertisementThe tussle at the top of the Premier League is hotting up. Gabriel’s header to put them 2-1 up made it 31 Premier League goals they’ve scored from corners since the start of the 2022-23 season. I’m expecting 100 Premier League games to be 10 against 11 or nine vs 10 this season. Tuesday, September 24: Watford (H), Carabao Cup, 7.45pm BST, 2.45pm ETSaturday, September 28: Newcastle United (A), Premier League, 12.30pm BST, 7.30am ETWhat next for Arsenal?

Persons: John, Erling Haaland, Riccardo Calafiori, Gabriel, Leandro Trossard, David Raya, Sam Lee, James McNicholas, Charlie Scott, Liam Tharme, John Stones, roper, ade, ames, ree, cott, lew, alf, ecame, lear, nock, J ames, ere,, ince, ike, orth, “ Organizations: League, Etihad, Manchester City, Arsenal, City, Atalanta, Man, ards, ust Locations: ards

☆ With 120 losses, White Sox join ’62 Mets for most defeats in modern MLB history
▼ + stars: | 2024-09-22 | by ( Sam Blum | ) www.nytimes.com time to read: +5 min

By contrast, the White Sox are charter members of the American League. AdvertisementBorderline cartoonish moments like those are what have defined the White Sox season. “I think if you ask all 50 guys in this org, yeah, we’re not going to be happy about it,” said Lee, the White Sox catcher. It’s obviously hard, but you’ve got to focus on one day at a time.”For the White Sox, this day brought history. (Photo of White Sox players looking out from their dugout on Sunday: Denis Poroy / Getty Images)

Persons: Pitcher Chris Flexen, “, ” Andrew Benintendi, ”, They’ve, it’s, Grady Sizemore, “ We’re, ” Sizemore, Yoan Moncada isn’t, Sizemore, aren’t, ” Benintendi, Sean Burke, Korey Lee, Miguel Vargas, ” Burke, Vargas, we’re, Lee, you’ve, Denis Poroy Organizations: DIEGO, Chicago White Sox, NFL, New York Mets, San Diego Padres, Mets, White Sox, American League, Los Angeles Angels

☆ Netanyahu considering plan to force all Palestinian civilians out of northern Gaza to besiege Hamas
▼ + stars: | 2024-09-22 | by ( Mick Krever | ) edition.cnn.com time to read: +5 min

CNN —Israeli Prime Minister Benjamin Netanyahu is considering a plan to force all Palestinian civilians out of northern Gaza, including Gaza City, in order to lay siege to Hamas and force the release of hostages. The plan does not mention whether, when, or how civilians would be allowed to return to northern Gaza. The idea comes from a group of retired Israeli military generals, who have formally presented it to the Israeli cabinet and a powerful parliamentary committee. “The right thing to do is to inform the approximately 300,000 residents who remained in the northern Gaza Strip, citizen residents, of the following: Not that we are suggesting you leave the northern Gaza Strip, we are ordering you to leave the northern Gaza Strip.”“In a week, the entire territory of the northern Gaza Strip will become military territory. The plan does not tackle the question of whether Palestinians could ever return to northern Gaza, one of its backers told CNN.

Persons: Benjamin Netanyahu, Giora, Kan, Netanyahu, ”, –, General Gershon Hacohen, ’, Meirav Cohen Organizations: CNN, Israeli, Knesset’s Foreign Affairs, Defense, Israel Defense Forces ’, National Security Council, Reserve Fighters, Israel Defense Forces, Office, Yesh Locations: Gaza, Hamas

☆ Quad group expands maritime security cooperation at Biden's farewell summit
▼ + stars: | 2024-09-22 | by ( ) www.cnbc.com time to read: +5 min

US Secretary of State Antony Blinken (R) prepares to pose for a group photo with Australia's Foreign Minister Penny Wong (2nd R), Japan's Foreign Minister Yoko Kamikawa (2nd L) and India's Foreign Minister Subrahmanyam Jaishankar (L) at the start of their Quad Ministerial Meeting at the Iikura Guest House in Tokyo on July 29, 2024. The leaders announced joint coast guard operations next year that will include Australian, Japanese and Indian personnel spending time on a U.S. coast guard vessel. The leaders' joint statement included sharp language about North Korea, condemning its ballistic missile launches and "malicious cyber activity." "But I think China's recent maritime aggression could be changing the equation for India and could be prompting India to become a bit more open to the idea of Quad security cooperation," she said. Before the summit, Albanese met with Biden at his home and discussed bilateral cooperation between the two close allies across defense and security, including in the Indo-Pacific.

Persons: Antony Blinken, Penny Wong, Yoko Kamikawa, Subrahmanyam Jaishankar, Joe Biden, Biden, Fumio Kishida, Narendra Modi, Anthony Albanese, Xi Jinping, he's, Lisa Curtis, Kishida, Modi, Albanese, Donald Trump, Kamala Harris Organizations: Australia's Foreign, Japan's, India's, of, Indian, Australian, Pacific Partnership, Maritime Domain, House, Analysts, East China Seas, East China, U.S, China, Center, New, New American Security, congressional Locations: Tokyo, of Australia, India, Japan, United States, China, Delaware, U.S, Beijing, South China, South, East, Taiwan, Philippines, Brunei, Malaysia, Vietnam, North Korea, Islands, Southeast Asia, Asia, New American, Australia, Philadelphia

☆ Ukraine wants to fire Western long-range weapons into Russia. But the battlefield gain is not clear-cut
▼ + stars: | 2024-09-22 | by ( Clare Sebastian | ) edition.cnn.com time to read: +8 min

CNN —Next week, an already very public debate over whether Ukraine should be allowed to use long-range Western-supplied missiles on Russian soil will come under an even brighter international spotlight. It was almost exactly a year ago, also during an in-person meeting with Zelensky in the United States, that Biden made the decision to supply the ATACMS to Ukraine. In both cases, Ukraine promised not to use them on Russian territory. Russia recently relocated planes from two bases near the border further east, according to one US official. To really bring mass (equipment), to get 10 to one artillery ratios on Ukraine at the frontline,” he told CNN.

Persons: Volodymyr Zelensky, Joe Biden, Biden, ”, Ben Wallace, Zelensky, “ Zelensky, Matthew Savill, “ He’s, Savill, it’s, George Barros, John Hamilton, “ You’ve, …, Barros ’, Barros, ATACMS, “, There’s, outlast Organizations: CNN, UN, Assembly, Franco, Shadow, Army Tactical Missile Systems, Zelensky, British Storm, NATO, Royal United Services Institute, Washington DC, Army Tactical Missile, White, Russia’s, Military, US ’ Ramstein Air Force Base Locations: Ukraine, New York, United States, Luhansk, Berdiansk, Russia, Poltava, “, Kharkiv, London, Russian, Ukrainian, Washington, New Mexico, Rostov, Iranian FATH, Kursk, Germany

This is the latest in a decades-long conflict between Hezbollah and Israel. Here’s what to know:Israeli invasion: Israeli forces took almost half of Lebanon’s territory when it invaded Lebanon in 1982. Displaced residents: The increase in cross-border fighting has forced people from their homes in both northern Israel and southern Lebanon. Israel said Aqil was among senior Hezbollah figures who were killed in an airstrike on a residential building in Beirut. Lebanon was already reeling after thousands of small blasts hit Hezbollah members’ pagers and walkie-talkies during the week, killing dozens and wounding thousands.

Persons: Sabra, Shatila, Israel, Hezbollah’s, Fu’ad, Ibrahim Aqil, Aqil, ’ pagers Organizations: Commission, Christian Lebanese, Hezbollah, Hamas Locations: Iran, Israel, Lebanon, Beirut, Lebanese, Palestinian, Islamic Republic, Gaza, Yemen, Syria, Iraq, Beirut . Lebanon

CNN —Ukrainian President Volodymyr Zelensky told CNN that Ukraine’s request to use long-range missiles on targets inside Russia is part of his “victory plan,” that he is due to present to US officials next week. Zelensky added that, besides Biden, he would also meet the Democratic presidential nominee, Vice President Kamala Harris. Zelensky is expected to visit the US next week, taking part at the United Nations General Assembly in New York. On Wednesday, Ukraine claimed it destroyed a large Russian ammunition depot in the western Russian region of Tver. CNN cannot confirm the Ukrainian claims and Russian authorities have not commented on ammunition depots being hit overnight.

Persons: Volodymyr Zelensky, Zelensky, let’s, ” Zelensky, Biden, ”, Kamala Harris, “, Donald Trump, Veniamin Kondratiev, Ukraine ” Organizations: CNN, Democratic, Biden, United Nations General Assembly, General Staff of, Armed Forces, country’s Security, Ukrainian Defense Forces Locations: Russia, United Kingdom, United States, Ukraine, New York, Russia’s Krasnodar, Tver, Krasnodar, Kyiv, Oktyabrskiy, Tver region, Russian, “

☆ Minneapolis housing program and Kentucky sheriff accused of killing judge: Morning Rundown
▼ + stars: | 2024-09-20 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

A Minneapolis program might offer a solution to the housing shortage. A Kentucky sheriff is expected to be charged with murder in the fatal shooting of a district judge. One city’s secret to fixing housing: Build moreRoughly five years into a program in Minnesota aimed at adding to the housing supply, Minneapolis Mayor Jacob Frey says "the results speak pretty clearly for themselves." 🏡 The housing stock in Minneapolis grew 12%, compared to 4% statewide between 2017 and 2022, according to a Pew Research report. Minneapolis’ program offers potential solutions to address housing supply and affordability.

Persons: Trump, Harris, Jacob Frey, ected to Organizations: Minneapolis Locations: Minneapolis, Kentucky, Minnesota

☆ Israel unleashes new strikes on Lebanon as Hezbollah vows revenge for device blasts
▼ + stars: | 2024-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Yuliya-Talmazan-Circle-Byline-Template.Jpg | Yuliya Talmazan | ) www.nbcnews.com time to read: +2 min

The Middle East was on edge Friday as Israel unleashed new strikes on Lebanon and Hezbollah's leader vowed revenge for attacks targeting its communication devices that killed dozens of people and left thousands injured across the country. The strikes on southern Lebanon continued early Friday, Lebanese state news agency and Hezbollah's Al-Manar TV channel said. Smoke and fire rise from the site of an Israeli strike on the southern Lebanese border village of Mahmoudiyeh late Thursday. The attacks sowed fear and chaos across the nation, overwhelming hospitals and making people fearful of using any electronic devices. He accused Israel of an act of war against Lebanon, but stopped short of specifying how or when his group would retaliate.

Persons: Israel, Hezbollah's, Rabih Daher, Hassan Nasrallah, ” Nasrallah Organizations: Getty, Hezbollah Locations: Lebanon, Iran, Gaza, Lebanese, Mahmoudiyeh, AFP, Beirut

☆ Two Hong Kong men jailed for seditious acts under new security law
▼ + stars: | 2024-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

Chu pleaded guilty to having seditiously worn a T-shirt with the protest slogan “Liberate Hong Kong, revolution of our times.”The slogan was chanted on the streets during the months of pro-democracy demonstrations that rocked Hong Kong in 2019. Chu told police the “Liberate Hong Kong” slogan called for the return of Hong Kong to British rule and that he wore the shirt to remind people of the protests, the court heard. Chung pleaded guilty on Thursday to three counts of seditious acts for writing slogans advocating Hong Kong independence and “Liberate Hong Kong, revolution of our times” on the back of bus seats in March and April. Beijing imposed a national security law in 2020 to quash the months-long protests in the financial hub. In March 2024, Hong Kong passed a second new security law.

Persons: Victor So, Chu Kai, “, ”, Chu, “ FDNOL, Chung, Sarah Brooks Organizations: Hong Locations: HONG KONG, Hong Kong, Beijing, Western, China

He bemoaned that, despite those milestones, which he framed as being on behalf of the Jewish people, he had not seen an increase in support from Jewish voters. The Trump campaign did not immediately respond to a request for further comment on the former president's remarks. At a separate event in the capital on Thursday evening, he shared a similar warning with Jewish voters about the stakes of their support in the election. As Trump continues to court Jewish voters ahead of the November general election, he has continued to publicly assail high-profile Jewish leaders like Senate Majority Leader Chuck Schumer, D-N.Y., and Pennsylvania Gov. Trump’s comments Thursday echo his years of frustration at Jewish voters’ lack of support for him (they historically lean Democratic, according to the Pew Research Center.)

Persons: WASHINGTON —, Donald Trump, I’m, ” Trump, Trump, ”, “, Israel, Chuck Schumer, Josh Shapiro, Schumer, Shapiro, Benjamin Netanyahu, Trump’s Organizations: Jewish, Embassy, Office, - American, National Summit, Pennsylvania, Trump, Pew Research Center, Democratic Locations: WASHINGTON, America, U.S, Tel Aviv, Jerusalem, Israel, Lago, Florida

☆ Zoo Atlanta bids farewell to pandas after 25 years
▼ + stars: | 2024-09-20 | by ( Kelly Bowman | ) edition.cnn.com time to read: +7 min

Atlanta CNN —After a quarter-century hosting giant pandas, Zoo Atlanta is saying goodbye to its beloved residents. The zoo announced its four giant pandas: Lun Lun, Yang Yang, Ya Lun and Xi Lun will head home to China mid-October. Zoo Atlanta says the total number of giant pandas is still low for maintaining a viable population. Kelly Bowman/CNN“Panda-Palooza”And if you want to wish the Zoo Atlanta pandas farewell the zoo will be sending them off in style with a “Panda-Palooza” event on October 5, 2024. San Diego Zoo Wildlife Alliance is an international non-profit conservation organization divided in two parts: the San Diego Zoo and the San Diego Zoo Safari Park.

Persons: Lun, Yang Yang, Ya Lun, Xi Lun, They’ve, Sam Rivera, Rivera, Adam K, Kelly Bowman, CNN “ Organizations: Atlanta CNN, San Diego Zoo, Smithsonian National Zoo, Zoo Atlanta, Atlanta, Animal Health, Zoo, International, Georgia Tech, Thompson, World Wildlife Fund, Pandas, CNN, Smithsonian National, San Diego Zoo Wildlife Alliance, San Diego, Safari, Wildlife Fund Locations: Zoo Atlanta, China, Washington, Atlanta, San Diego, United States, Africa, Asia, Central, South America, San

☆ US soldier who fled to North Korea sentenced to one year in confinement and dishonorable discharge
▼ + stars: | 2024-09-20 | by ( Oren Liebermann | ) edition.cnn.com time to read: +3 min

CNN —The US soldier who ran across the border from South to North Korea last year was sentenced Friday to one year in confinement and dishonorable discharge after pleading guilty to charges of desertion and assault. The time King spent in confinement after his apprehension will count toward his sentence, the Army said. Military officials previously said that in July 2023 King “willfully and without authorization” crossed into North Korea shortly after he was released from a detention facility in South Korea. One day later, King joined a tour of the Joint Security Area in the demilitarized zone between North and South Korea from which he fled across the demarcation line and into Pyongyang’s custody. Several months later, the US received word that North Korea wanted to return King.

Persons: Travis King, King, “, Travis, ”, Franklin Rosenblatt, ” Rosenblatt, Michelle McCaskill, King “ Organizations: CNN, US Army Office, Army, Military, Army’s, Joint Security Area, DPRK, US Army Locations: South, North Korea, Fort Bliss , Texas, South Korea, Seoul, United States, North, Korea, Swedish, China

☆ How 3 friends without any hospitality experience started renting out over 400 tiny homes in remote locations around the world
▼ + stars: | 2024-09-20 | by ( Erin Liam | ) www.businessinsider.com time to read: +7 min

An early obstacleWith no experience in architecture or building, their first roadblock was figuring out how to build a tiny house. Developing their tiny houses into a profit-sharing businessAfter garnering attention from local media, the team started to receive inquiries on how to purchase tiny houses, Chia said. AdvertisementIn 2023, they set up tiny houses in SingaporeThe tiny house movement encourages minimalistic and sustainable living. Each tiny house is placed in natureBig Tiny's tiny house in Lake Stella, New Zealand. Big TinySeven years on, Big Tiny has placed more than 400 tiny houses in more than 10 countries worldwide, from Taiwan to Europe and Australia.

Persons: Adrian Chia's, Dave Ng, he'd, Dave, Chia, Ng, — Chia, Adrian Chia, Jeff Yeo, Yeo, Big Tiny, Lazarus, Tiny Organizations: Service, Business, Big, Sentosa Development Corporation, Singapore's Ministry of Trade and Industry, BI, Lake Stella Locations: Melbourne, Singapore, Chia's, Australia, Victoria, New South Wales, Germany, Lazarus, Southern, Lake Stella , New Zealand, Taiwan, Europe, New Zealand, Christchurch, Yilan

☆ The West's restrictions on Ukraine's weapons are making its F-16s less effective, military experts say
▼ + stars: | 2024-09-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +8 min

Read previewWestern restrictions on how Ukraine can hit targets in Russia make its F-16 fighter jets less effective, military experts told Business Insider. This, in turn, leaves Russia's weaponry more free to hit Ukrainian jets, making them more vulnerable and less able to fly close to the front lines. A still from footage by Ukraine's air force that shows a Storm Shadow missile being launched. A limited number of F-16sThe effectiveness of Ukraine's F-16s faces other challenges, too. Ukraine and its allies, as well as warfare experts, also describe Ukraine's F-16 program as being in its infancy.

Persons: —, George Barros, Barros, DIMITAR DILKOFF, Michael Bohnert, Gordon B, Skip, Davis, Jr, Volodymyr Zelenskyi, Vitalii, it's, Czarek, Michael Clarke, Volodymyr Zelensky, Keir Giles, Oleksiy, Zelenskyy, Ukraine's Organizations: Service, Business, Getty, RAND Corporation, Shadow, YouTube, Ukrainian Air Force, AP, Chatham House's, Air, Libkos, Ukraine US Locations: Ukraine, Russia, AFP, Kursk, Denmark, Norway, Belgium, Netherlands, Poland, Chatham House's Russia, Eurasia, Russian, Ukrainian, Shepetivka, Britain

☆ Apple's showdown with its Chinese rival Huawei is here as both companies launch new smartphones on the same day
▼ + stars: | 2024-09-20 | by ( Katie Balevic | ) www.businessinsider.com time to read: +7 min

Hours after Apple unveiled its iPhone 16 models earlier this month, Huawei announced the Mate XT would drop on the same day. Huawei's Mate XT trifold smartphone secured millions of preorders. John Ricky/Anadolu via GettyThe disparity could be partly due to how Huawei distributed the first batch of Mate XT sales. Apple's iPhone 16 line starts at $800. The iPhone 16 offers a new "camera control" button and brings the "action" button previously found only on the iPhone 15 Pro models to the entry-level iPhone 16 as well.

Persons: —, preorders, John Ricky, Vivo Organizations: Service, Apple, Huawei, Business, Anadolu, Getty, CNBC, Reuters, Apple Intelligence, Publishing, Samsung, Bloomberg, Research, Wall, Counterpoint Research, Wedbush Securities Locations: China, Beijing, Hefei, Shenzhen, Guangzhou

☆ NATO chief says alliance has undergone its biggest transformation in a generation but military power has its limits
▼ + stars: | 2024-09-20 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe head of NATO said the alliance has undergone its biggest transformation in a generation, but warned that military power has its limits. Stoltenberg said that since he took on the role in 2014, NATO has been described as "divided, "obsolete," and "braindead," but the reality is that the military alliance is "strong," "united," and "more important than ever." "We have, over these 10 years, undergone their biggest transformation in a generation," he said. However, Stoltenberg also stressed that "military power has its limits," citing NATO's military intervention in Afghanistan after 9/11.

Persons: —, Jens Stoltenberg, Stoltenberg, Mark Rutte, " Stoltenberg Organizations: Service, NATO, German Marshall Fund, Business, UN, International Security Assistance Force, Taliban, Dutch Locations: Brussels, Ukraine, Russia, Afghanistan, Al Qaeda, Resolute, Gaza, Europe, North America

☆ Katy Perry's '143' doesn't have a single redeeming song
▼ + stars: | 2024-09-20 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

Read previewIf you're a pop-music fan who spends time on the internet, you'll probably see a slew of negative reviews for Katy Perry's new album, "143." Lester Cohen/WireImageEven if you set aside the allegations against Dr. Luke, "143" doesn't make a strong case for his input. Without them, Dr. Luke and his new associates have created a pop vacuum, completely devoid of heart and personality. "Gimme Gimme," the second track featuring 21 Savage, immediately recalls the plinky snoozefest of Justin Bieber's "Changes," particularly the Quavo duet "Intentions." Final grade: 1.8/10Katy Perry's new album "143" consists of 11 standard tracks.

Persons: —, you'll, Katy Perry's, Perry, they'd, Luke, Rocco Valdes —, Dr, hadn't, Kesha, countersued, Alex Cooper, Valdes, Aaron Joseph, Vaughn Oliver, Theron Thomas, Luke's, Kemosabe signees, Perry didn't, Katy Perry, Cirkut, Lester Cohen, Max Martin, Benny Blanco, Savage, Justin Bieber's, Luke disciple Kim Petras, Kylie Minogue knockoff, JID, who's, We're, syrupy, Kim Petras Organizations: Service, Business, Kemosabe Records, Capitol Records, Capitol Records Worth, Press Locations: California

☆ I've let my daughter do the family grocery shopping alone since she was 7. It fosters her independence.
▼ + stars: | 2024-09-19 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

AdvertisementAfter Paige said she wanted to do the grocery shopping, I thought, "I just need to think about the steps here." Grocery shopping has three parts: what you need, where it is, and checking out. She learned the layout of the grocery store and how to use the chip on the credit card. I'm practicing grocery shopping by myself." Grocery shopping is super fun for her.

Persons: —, Russ Perry, Paige, she'll, I've, Rees, Perry, she's, It's Organizations: Service, Business Locations: Arizona

☆ Why rate cuts could actually slow the economy instead of sparking growth
▼ + stars: | 2024-09-19 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

The consensus view is that lower rates will stave off a recession by stimulating economic growth through lower borrowing costs. The hidden danger of a double cutHowever, David Kelly of JPMorgan Asset Management warned that lower rates aren't an economic panacea. In fact, the chief global strategist thinks these cuts could, paradoxically, cause the economy to slow in the near term. Advertisement"The important thing to recognize is that cutting interest rates at the start doesn't stimulate the economy at all," Kelly said on CNBC. "There is a J-curve effect; it actually slows the economy because people begin to anticipate those lower rates, so they want to wait for lower rates."

Persons: —, Jim Caron, Claudia Sahm, Jerome Powell, Sahm, Ronald Temple, Kevin Philip of, David Kelly, Kelly, what's, you've, Kelly isn't, it's, they've Organizations: Service, Federal, Business, Fed, Dow Jones, Morgan Stanley Investment Management, CNBC, New Century Advisors, Lazard, Kevin Philip of Bel Air Investment Advisors, JPMorgan Asset Management

☆ Analysis: Hezbollah leader Hassan Nasrallah’s speech shows signs of a group driven deeper underground
▼ + stars: | 2024-09-19 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +5 min

The second sign was that Nasrallah’s address – his first since two waves of attacks detonated thousands of Hezbollah wireless devices earlier this week – was very possibly pre-recorded. The leader of the powerful militant group has not delivered a speech in person since the start of Lebanon’s last all-out war with Israel in 2006. In his speech last month, for example, Nasrallah referenced two sonic booms caused by Israeli jets that had broken the sound barrier over Beirut. The roar reverberated throughout the city yet the Beirut-based militant leader neither flinched nor referenced the incident during his speech. Israel’s fighter jets seemed intent to underscore the gains of Tuesday and Wednesday’s attacks on Hezbollah’s wireless devices: the group had been driven deeper underground.

Persons: –, Hassan Nasrallah, Nasrallah, ”, Mohamed Azakir, Reuters Nasrallah, “ We’ve, “, group’s Organizations: Beirut CNN, ”, American University of, American University of Beirut Medical Center, Reuters, of Locations: Beirut, Israel, Lebanon, American University of Beirut, Gaza

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