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Read previewIn the last three years, Iran's Islamic Revolutionary Guard Corps Navy has commissioned hundreds of new vessels. AdvertisementThe Shahid Hassan Bagheri is one of three new Soleimani-class missile corvettes that are the most heavily armed warships in the Islamic Revolutionary Guard Corps Navy's fleet. Despite being lightly armed, it has a record of harassing US vessels and civilian ships in the Persian Gulf. AdvertisementThree Soleimani-class corvettes, Shahid Soleimani, Shahid Hassan Bagheri, and Shahid Sayyad Shirazi, have been commissioned, while a fourth, Shahid Ra'is-Ali Delvari, is under construction. AdvertisementMahdavi will eventually be joined by another converted container ship, the Shahid Bagheri.
Persons: , Shahid Hassan Bagheri, Morteza Nikoubazl, Ayatollah Ali Khamenei, Shahid Soleimani, Nazeri, Shahid Nazeri, SAMs, Shahid Sayyad Shirazi, Shahid Ra'is, Ali Delvari, Hassan Bagheri, Abu Mahdi al, Shahid, Alireza Tangsiri, Shahid Mahdavi, 400Y8DYPlr — Mehdi H, Shahid Roudaki, Roudaki, Mahdavi, Lewis B, Puller, Shahid Bagheri, Bagheri, Tangsiri, IRGCN, Ayatollah Khamenei, Nadimi, Saviz, Diego Garcia, Benjamin Brimelow Organizations: Service, Islamic Revolutionary Guard Corps Navy, Business, Islamic Revolutionary Guard Corps Navy's, Islamic Revolutionary Guard Corps, US, Quds Force, Guard, Southern Hemisphere, American, British, Washington Institute for Near East Policy, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Iran, Saudi Arabia, Persian, Gulf of Oman, Hormuz, China, Russia, Taiwan, Norway, Yemen, Makran, Morteza, Israel, Lebanon, Hamas, Gaza, Syria, Mahdavi, West
Picture Alliance | Picture Alliance | Getty ImagesBEIJING — China dominates the supply chain for many of the world's critical minerals, but so far it's held off on sweeping restrictions on at least one: tungsten. Almonty claims the forthcoming mine in South Korea has the potential to produce 50% of the world's ex-China tungsten supply. "We see in the U.S., in Europe, they ask their suppliers for a China-free supply chain," said Michael Dornhofer, founder of metals consulting firm Independent Supply Business Partner. watch nowBack in January, U.S.-based research firm Macro Ops said: "We're approaching an inflection point in tungsten supply. Other non-Chinese companies in the tungsten supply chain are going to South Korea.
Persons: Lewis Black, Biden, Black, Yadong, Almonty, Michael Dornhofer, Dornhofer, Brandon Beylo, he's, Mark Seddon, Warren Buffett Organizations: Saxony Minerals, ., Getty, Taiwan Semiconductor Manufacturing Company, Nvidia, Almonty Industries, China's Ministry of Commerce, Independent Supply, Energy, Security Holdings, European, Chinese Communist Party, U.S . Bureau of Industry, Security, Department of Commerce, CNBC, Argus, IMC, IMC Group Locations: Germany, BEIJING, China, Canada, South Korea, U.S, Europe, United States, South Korea China, North Korea, Africa, Myanmar, Daegu
Domestically, slot machines are prohibited on military bases, though casinos are frequently located nearby. The VA began treating gambling disorders in the late 1960s, about nine years after Congress banned slot machines from domestic bases. The Department of Defense declined CNBC's request for an interview, but said in a statement there hasn't been any systemwide increases in resources to address problem gambling. "DoD researchers are aware of changes in gambling availability due to new mobile and sports gambling options and will consider these variables in future military gambling research," a department spokesperson said in an email. The military is conducting a new survey, with results expected in the fall, the spokesperson addedThe Department of Defense operates slot machines on military bases abroad.
Persons: Dave Yeager, Yeager, servicemembers, Heather Chapman, It's, Dominick DePhilippis, Chapman, hasn't Organizations: Istock, Army, Defense Department, CNBC, Department of Defense, Office, Lewis, McChord, Department of Veterans Affairs, DoD Locations: South Korea, Washington, U.S
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Read previewA deadly and fast-spreading new strain of mpox, the disease caused by the monkeypox virus, has global health officials ringing alarm bells. The new virus is called clade Ib, since it's a mutation of an even earlier form of mpox. AdvertisementThe new clade Ib virus could cause a global outbreak, experts fear, though they stopped short of warning of a pandemic. "The pandemic question is difficult," Trudie Lang, director of the Global Health Network at Oxford University, said in the briefing. The new clade Ib strain seems to do it all.
Persons: , John Claude Udahemuka, Trudie Lang, There's, Lang, Murhula, mpox, Rosamund Lewis, Murhula Masirika Organizations: Service, University of Rwanda, Business, World Health Organization, Democratic, Global Health Network, Oxford University, Centers for Disease Control, WHO, Reuters Locations: Democratic Republic of, Congo, Rwanda, Burundi, Uganda, Democratic Republic of Congo, DRC, Africa
A US appeals court threw out the dismissal of an antitrust lawsuit accusing 10 large banks of overcharging investors on corporate bonds, saying the trial judge should have been recused because his wife owned stock in one of the banks. Liman, an appointee of former President Donald Trump, was assigned the lawsuit in April 2020 and dismissed it with prejudice in October 2021, three months after his wife sold $15,000 of Bank of America stock. The banks said Liman’s failure to uncover his conflict didn’t require recusal or reviving the case. But the appeals court found a “legitimate risk” that similar violations could undermine public confidence in the judicial process. US Supreme Court Chief Justice John Roberts highlighted in his 2021 annual report on the judiciary a need for judges to be vigilant about financial conflicts.
Persons: Judge Lewis Liman “, , Liman, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells, Donald Trump, Valerie Caproni, John Roberts, George Zelcs, Judge Caproni Organizations: US, Bank of America, Street Journal, Barclays, Citigroup, Credit Suisse, Deutsche Bank, JPMorgan, NatWest, ” Bank of America Locations: Manhattan, overcharging
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Salesforce investors voted against the company's compensation plan for top executives, after shareholder advisory groups raised concerns about equity awards granted to CEO Marc Benioff. According to a regulatory filing on Monday, the resolution to approve the compensation received 339.3 million votes in favor and 404.8 million against at the annual meeting held on Thursday. For the 2024 fiscal year, Benioff received $39.6 million in total pay, up from $29.9 million in the prior year. While Benioff's salary was flat at $1.55 million, he received additional stock and option awards and non-equity incentive plan compensation, according to the proxy statement. Benioff was already among the largest holders of Salesforce, with a stake of over 2% valued at close to $6 billion.
Persons: Marc Benioff, Glass Lewis, Benioff, didn't, Salesforce Organizations: Institutional, Services
CNN —So astonishing was the first innings of the Test between India’s women and South Africa’s women that multiple new entries needed to be made into cricket’s record books by the time India had declared on the second day of play. In posting 603 for six before declaring in Chennai, India scored the highest total in women’s Test cricket and became the first to surpass the 600-mark in first-class cricket, according ESPN’s cricinfo. The opening day’s 525 for 4 was the most runs scored by any team, men or women, in a day’s play of Test cricket, and the first 500-plus total on day one in women’s Test cricket. Shafali Verma was the standout performer in an unforgettable start to the one-off encounter, scoring 205 for the fastest double century in women’s Test history. Her partnership of 292 runs with Smriti Mandhana is the highest opening stand in women’s Test cricket.
Persons: Shafali Verma, Smriti Mandhana, Harmanpreet Kaur, Richa Ghosh, ” Shafali, Organizations: CNN, women’s, Locations: South, India, Chennai, South Africa
For $25, which wound up being $30 because she didn't have change, Jessica told me my fortune. That psychic is also a pet psychic, which is not Katy's jam. Once, after an accident on her block in Chicago, Katy used a psychic to ensure the person had crossed over. Another time, she bought a bunch of bath oils in New York after a psychic told her she was cursed. In a consumerist society, of course some people are willing to pay to commune with the afterlife.
Persons: I'm, Jessica, IBISWorld, upselling, It's, that's, spellwork, Lisa Stardust, who's, Neil Dagnall, Ken Drinkwater, Dagnall, Drinkwater, , Jane Risen, Risen, it's, what's, they're, Cleo, Peter Popoff, they'd, Ralph Lewis, There's, we're, Lewis, I've, Katy who's, Katy, Taylor Swift, Emily Stewart Organizations: Pew Research Center, what's, Manchester Metropolitan University, University of Chicago's Booth School of Business, Federal Trade Commission, intel, University of Toronto, Business Locations: Manhattan, New York, Chicago
Noah Lyles wins 200m at US Olympic trials in record time
  + stars: | 2024-06-30 | by ( Aimee Lewis | ) edition.cnn.com   time to read: +2 min
CNN —Three-time world champion Noah Lyles moved a step closer to achieving his ambitions of an Olympic sprint double by winning the men’s 200-meters in record time at the US Olympic track and field trials. Twenty-year-old world silver medalist Erriyon Knighton was third in 19.77, securing the final Olympic spot in the event. “You claim you’re gonna go out there and win four medals, so the goal had to be win the 100m and 200m. Elsewhere, Grant Holloway was 0.06 seconds off the world record in winning the men’s 110m hurdles in 12.86. Olympic champion Valarie Allman (70.73m) won the women’s discuss, while Tara Davis-Woodhall won the women’s long jump.
Persons: Noah Lyles, Eugene, Michael Johnson’s, Lyles, Kenny Bednarek, Erriyon Knighton, , ” Lyles, I’ve, He’s, Lyles –, , Gabby Thomas, ” Thomas, ” Brittany Brown, McKenzie Long, Sha’Carri Richardson, Grant Holloway, Valarie Allman, Tara Davis, Woodhall Organizations: CNN, Hayward Field, Olympic, Associated Press Locations: Bednarek, Tokyo, Paris
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. People are still spending money, but there's an uncomfortable awareness that years of price hikes mean each dollar doesn't go as far as it used to. "This consumer remains very cautious, specifically when you think about larger ticket discretionary purchases," he told Oppenheimer analysts Wednesday. "Why have people who are having a hard time paying their rent have to pay more for our drink?"
Persons: , they're, Joseph Lewis, Marvin Ellison, Oppenheimer, John David Rainey, Federal Reserve Banks, San Francisco Fed, Don Vultaggio Organizations: Service, Business, Bloomberg, Nike, Walgreens, Walmart, Federal Reserve, San Francisco, Philadelphia Fed, Iced Tea Locations: San Francisco, Philadelphia
Lolo Jones competes at US Olympic trials aged 41
  + stars: | 2024-06-29 | by ( Aimee Lewis | ) edition.cnn.com   time to read: +2 min
On Friday she added to her list of remarkable feats by competing in the 100-meters hurdles at the US Olympic track and field trials for the first time in 12 years, aged 41. “I know what it’s like not to make the Olympic team … You sometimes feel your world is over in your 20s if you don’t make a team. I hope to show them you can still be in your 40s and be good enough to qualify for the Olympic trials. My world’s not ending if I don’t make this Olympic team. There’s longevity.”Lolo Jones said she had not been able to prepare properly for the trials because of injury.
Persons: CNN — Lolo Jones, “ It’s, , , ” Lolo Jones, Patrick Smith, Jones Organizations: CNN, Reuters, Eugene’s Hayward, Saturday’s, Beijing, London Locations: aplomb, Sochi
Each year, close to two million people watch Nathan’s hot dog eating contest on ESPN, according to the frankfurter brand. Boys participating in a pie eating contest at the 4-H Club fair in Cimarron, Kansas. At the time, PR mavens Max Rosey and Mortimer Matz thought a hot dog eating competition would drum up some publicity for Nathan’s. (They also seem to have made up the legend that the first Nathan’s contest was held in 1916). “We love the Nathan’s hot dog eating competition because we love how it brings the city together,” Fellman said, standing with a group of her friends, all wearing Nathan’s hot dog eating contest T-shirts.
Persons: Jacqueline Lewis, ” Lewis, franks, frankfurter, Joey Chestnut, Apuleius ’, , Jason Fagone, Fagone, , ” Fagone, Corbis, Adrienne Bitar, Max Rosey, Mortimer Matz, Melody Andorfer, George, Richard Shea, George Shea, , Shea, Rosey, ” George Shea, Henry S, Dziekan, it’s, ” Shea, ’ ” Shea, Takeru Kobayashi, Kobayashi, Kazutoyo Arai, Spencer Platt, ” Bitar, ” Kobayashi, Bitar, you’re, , Kena Betancur, ” Beatrice Fellman, ” Fellman, Bass Organizations: New, New York CNN, CNN, ESPN, Boys, Cornell University, , Nathan’s, League, LA Times, Netflix Locations: New York, Coney Island, Coney, United States, Pennsylvania, Cimarron , Kansas, , Long, New York City, Japan, Brooklyn , NY, America, Brooklyn, Kena
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Alex Jones does not, for now, have to turn over the Infowars bank accounts to the Sandy Hook families he owes millions, a bankruptcy judge ruled on Thursday. The ruling by Judge Christopher Lopez is the latest turn in an increasingly acrimonious battle between two groups of Sandy Hook families fighting to be paid defamation damages from Mr. Jones. “Let’s just do this with process and transparency,” Judge Lopez said in the hearing, held in Houston. The families of eight victims who sued Mr. Jones in Connecticut had filed an emergency motion asking Judge Lopez to block a court’s ruling last week granting Neil Heslin and Scarlett Lewis, who sued Mr. Jones in Texas, the right to seize Mr. Jones’s business bank accounts, which contain roughly $2 million. Mr. Heslin and Ms. Lewis are the parents of Jesse Lewis, 6, who died at Sandy Hook.
Persons: Alex Jones, Sandy Hook, Judge Christopher Lopez, Jones, “ Let’s, Judge Lopez, , Neil Heslin, Scarlett Lewis, Heslin, Lewis, Jesse Lewis Locations: Houston, Connecticut, Texas
CNN —The world’s first minister dedicated to developing artificial intelligence (AI) strategy is already becoming embroiled in a global power struggle for tech supremacy. The UAE is one of the world’s largest producers of fossil fuels, and Abu Dhabi sees its AI push as crucial for diversifying away from oil. Christopher Pike/Bloomberg/Getty ImagesWashington has also limited the sale of sophisticated US chips to ensure China doesn’t use Middle Eastern nations as a back door to access the newest AI technology, according to Reuters. By opening up the technology, Abu Dhabi is positioning itself as an ally to developing nations that don’t have the resources to build their own AI tools. In March, a report commissioned by the US State Department warned that the most advanced AI systems could, in a worst-case scenario, “pose an extinction-level threat to the human species.”Olama has some specific concerns.
Persons: Biden, Omar Al Olama, , Zayed Al Nahyan, Abu Dhabi, , ” Olama, Al Olama, ’ ”, Christopher Pike, Olama, Abu Dhabi’s, ” James Lewis, Abu Dhabi’s Mohamed bin, Gifty Sahany, Lewis, ” He’s Organizations: CNN, Microsoft, United Arab Emirates, UAE, PwC, Commerce Department, Huawei, Etihad, United, Bloomberg, Getty, Washington, Reuters, Nvidia, Apple, Technology Innovation Institute, Google, Center for Strategic, International Studies, Washington DC, University of Artificial Intelligence, Systems, US State Department Locations: Abu Dhabi, UAE, China, United States, Dubai, Gulf, United Arab Emirates, Beijing, Washington, University, Valley
See what the CNN presidential debate stage looks like
  + stars: | 2024-06-26 | by ( Daniel Lewis | ) edition.cnn.com   time to read: 1 min
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Read previewIn 2018, JT Lewis, whose little brother Jesse died in the Sandy Hook Elementary School shooting, received a signed letter from Donald Trump. AdvertisementThis evidence photo from the Mar-a-Lago classified documents case shows a letter Donald Trump sent in 2018 to the older brother of a Sandy Hook shooting victim. In the letter, Trump thanks Lewis for coming to the White House "for discussions regarding the safety of our schools." AdvertisementThat “Sandy Hook” letter was a letter to me. I lost my brother in the Sandy Hook shooting and president Trump took the time to reach out.
Persons: , JT Lewis, Jesse, Donald Trump, Jack Smith, Trump, Sandy Hook, Lewis, it's, wxcFGhvDAJ, FM8hDpAonk — JT Lewis, Scarlett Lewis, JT, Scarlett, Jesse McCord Lewis, Victoria Soto Organizations: Service, Elementary, Business, White, DOJ, White House, National School Safety Initiative, JT, Trump Locations: Sandy, Newtown, Rwanda, Parkland , Florida, New Orleans
Antelopes, hundreds of thousands of them, are crossing the savannas of South Sudan. But a report published today estimates that South Sudan is home to the largest known migration of land mammals on Earth. South Sudan, a country in central Africa, has a varied landscape, from rainforests to lush savannas and swamplands fed by the Nile River (pictured). Marcus Westberg He suspects that the migration’s survival and growth is likely to be linked to the decades of war South Sudan has suffered. South Sudan gained independence from Sudan in 2011 after decades of civil war.
Persons: Marcus Westberg, Mike Fay, , Steve Boyes, South Sudan Fay, He’s, “ It’s, Jigar, Fay, ” Fay, , you’ve, We’ve, “ We’ve, Boyes, Salva Kiir Mayardit Organizations: CNN, Initiative, African Parks, African Parks Network, Parks Network, United Nations, Parks, Rolex, Ministry of Wildlife Locations: South Sudan, Sudan, Africa, African, Ethiopia, South Sudan’s, Juba, , Tanzania
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Moreover, the partnership will enable Rivian to cut operating costs by leveraging volumes of supplies including chips and components, he said. It will also help Rivian, known for its flagship R1S SUVs and R1T pickups, turn cashflow positive. Volkswagen will immediately invest $1 billion in Rivian through a note that will convert to stock on Dec. 1, subject to regulatory approvals. The German automaker will also invest $2 billion in Rivian stock - $1 billion each in 2025 and 2026 - subject to the startup hitting certain milestones, and provide a $1 billion loan in 2026. Rivian stock has halved so far this year.
Persons: Stephane Mahe, RJ Scaringe, Vitaly Golomb, Herbert Diess, Diess, Rivian, Scaringe, Sam Fiorani, Mavka Capital's Golomb, VW's Cariad, Abhirup Roy, Ben Klayman, Noel Randewich, Christina Amann, Harshita Varghese, Sayantani Ghosh, Rod Nickel, Matthew Lewis, Leslie Adler Organizations: Volkswagen, REUTERS, Reuters, JV, Audi, Porsche, Lamborghini, Bentley, Volkswagen Group, Mavka, VW, AutoForecast Solutions, Traders, S3 Partners, Rivian, Thomson Locations: Reze, Nantes, France, Europe, Asia, North America, U.S, German, South Carolina, San Francisco, Detroit, Oakland , California, Berlin, Bengaluru
NEW YORK, June 25 (Reuters) - Shares of Nvidia (NVDA.O) New Tab , opens new tab surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker's market value. Nvidia's shares finished at $126.09, after a tumble that saw them lose around 13% from their June 18 close of $135.58. The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Bullishness on Nvidia was evident in the options market, though the stock's recent share price slide appears to have made traders more cautious. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights
Persons: Tom Hayes, it's, Hayes, Tyrone Siu, Tom Plumb, Plumb, you've, Mario Iachini, Chibuike Oguh, Saqib Iqbal Ahmed, Suzanne McGee, Medha Singh, Lewis Krauskopf, Ira Iosebashvili, Chris Reese, Aurora Ellis, David Gregorio Our Organizations: YORK, Nvidia, Great, Nvidia Corporation, REUTERS, Plumb Funds, Ortex Technologies, Vanda Research, Thomson Locations: New York, Taipei, Taiwan
Rashid Khan of Afghanistan acknowledges the fans after the team's victory and to advance to the Semi Finals in the ICC Men's T20 Cricket World Cup West Indies & USA 2024 Super Eight match between Afghanistan and Bangladesh at Arnos Vale Ground on June 24, 2024 in St Vincent, Saint Vincent and The Grenadines. Afghanistan reached a first ever World Cup semi-final courtesy of a dramatic eight-run victory over Bangladesh which in turn knocked Australia out of the T20 tournament. Captain Rashid Khan (4-23) and Naveen-ul-Haq (4-26) each took four wickets in the victory that secures Afghanistan a historic first World Cup semi-final against South Africa in Trinidad on Wednesday evening. Afghanistan's hopes were earlier dented when restricted to a modest 115-5 batting first, Rahmanullah Gurbaz top-scoring, but using up 55 deliveries to reach 43. Rishad Hossain (3-26) ultimately dismissed the opener Afghanistan suffered a dramatic collapse from 84-1 to 93-5 in the space of 11 balls, before Rashid later blasted three sixes in his 10-ball 19.
Persons: Rashid Khan, Saint Vincent, Duckworth, Stern, Naveen, Afghanistan's, Rahmanullah, Rishad Hossain, Rashid Organizations: ICC, West Indies, Bangladesh, Lewis, South Locations: Afghanistan, Bangladesh, Arnos, St Vincent, The Grenadines, Australia, South Africa, Trinidad
Will Lewis, now the publisher of the Washington Post, was in full crisis mode in 2011. Then an executive at Rupert Murdoch’s News Corporation, he was an intermediary to the police detectives investigating a British phone-hacking scandal that had placed the company’s journalists and top leaders in legal peril. For years, reporters at News Corporation’s best-selling British tabloid had landed scoops by paying public officials and illegally listening to the voice mail messages of royals, politicians, celebrities and even a murdered girl. Mr. Lewis was supposed to cooperate with police, identify wrongdoing and help steer the company through the crisis. His role, he would later say, was as a force for good.
Persons: Will Lewis, Lewis Organizations: Washington Post, Rupert Murdoch’s News Corporation, The New York Times, London’s Metropolitan Police, News Corp
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