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Heavy fighting broke out around the Indonesian Hospital, which has housed thousands of patients and displaced people for weeks. More than 250 patients with severely infected wounds or other urgent conditions remain stranded at Shifa Hospital days after Israeli forces entered the compound. Four other babies died in the two days before the evacuation on Sunday, according to Mohamed Zaqout, the director of Gaza hospitals. NETANYAHU EXTENDS CENTRAL BANK GOVERNOR’S TERMTEL AVIV, Israel — Israeli Prime Minister Benjamin Netanyahu says he has decided to grant the country’s central bank chief a second term. Jordan will build the hospital in southern Gaza to help with the territory's health crisis.

Persons: Yemen’s, Egypt’s, ”, Mohamed Zaqout, “, Hirokazu Matsuno, Yemen’s Houthi, Abraham Ungar, Ungar, Matsuno, NYK, BILL, Itamar Ben, ” Gil Dikman, Gvir, Ophir Katz, Benjamin Netanyahu’s, Netanyahu, NETANYAHU, Benjamin Netanyahu, Amir Yaron, Yaron, Bezalel Smotrich, Israel —, Gila Gamliel, Gamliel, Israel’s, Gamliel’s, GAZA KHAN YOUNIS, JERUSALEM —, Elad Aderi, Aderi Organizations: Health Ministry, Indonesian Hospital, World Health Organization, Shifa, West Bank, Israel’s, Palestinian, Crescent, Galaxy Leader, Ray Car Carriers, Associated Press, Houthi, Galaxy Maritime Ltd, British military’s United Kingdom Maritime Trade Operations, Israel Defense Forces, Firefighters, National, National Security, CENTRAL BANK, Gov, Finance, BE, Intelligence, Jerusalem Post, Palestinian Authority, Street Journal, Monday, Israel Democracy Institute Locations: Gaza, Gaza City, Israel, Gaza's, China, Pakistan, israel, EGYPT, Gaza’s, Egypt, Palestinian, JAPAN, Japan, Iran, Bahamas, Philippines, Bulgaria, Ukraine, Mexico, Romania, Gulf of Oman, Saudi Arabia, Oman, India, Hodeida, British, ISRAEL, Lebanon, Biranit, JERUSALEM, Israel’s, TEL AVIV, Israeli, GAZA, Jerusalem, United States, U.S, JORDANIAN, Jordanian, Rafah, Jordan

☆ Sam Altman joins Microsoft as OpenAI taps Shear for interim CEO
▼ + stars: | 2023-11-20 | by ( Diksha Madhok | David Goldman | ) edition.cnn.com time to read: +5 min

New Delhi/New York CNN —Microsoft has hired Sam Altman to power up its artificial intelligence research efforts just days after the co-founder of OpenAI was ousted as CEO in a chaotic boardroom coup. Meanwhile, Emmett Shear, the former CEO of Amazon’s streaming service Twitch, will join OpenAI as interim CEO. “We look forward to getting to know Emmett Shear,” Microsoft CEO Satya Nadella said in a post on X, formerly known as Twitter. In a post on X early Monday, Shear described the chance to join OpenAI as “a once-in-a-lifetime” opportunity. More recently, Altman announced that OpenAI would make its tools widely available so anyone could create their own version of ChatGPT.

Persons: Sam Altman, OpenAI, Greg Brockman, Brockmann, Altman, Emmett Shear, Satya Nadella, ” Nadella, Shear, “, Brockman, Ilya Sutskever, Kara Swisher, Jony, Bing, Swisher, ’, OpenAI “, ”, “ I’m Organizations: New York CNN, Microsoft, OpenAI Locations: New Delhi, New York, Altman’s

Large amounts of radioactive wastewater have accumulated at the nuclear plant since it was damaged by a massive earthquake and tsunami in 2011. It began discharging treated and diluted wastewater into the ocean on Aug. 24 and finished releasing the third 7,800-ton batch on Monday. The discharges have been strongly opposed by fishing groups and neighboring countries including China, which banned all imports of Japanese seafood, badly hurting Japanese producers and exporters of scallops and other seafood. Japan’s government has set up a relief fund to help find new markets for Japanese seafood, and the central and local governments have led campaigns to encourage Japanese consumers to eat more fish and support Fukushima seafood producers. The tanks currently hold more than 1.3 million tons of wastewater, most of which needs to be retreated to meet safety standards before release.

Persons: Fumio Kishida, Xi Jinping, Kishida Organizations: TOKYO, Tokyo Electric Power Company Holdings, Asia Pacific Economic Cooperation, TEPCO Locations: China, San Francisco

☆ SpaceX Starship’s second test flight ends in loss of megarocket
▼ + stars: | 2023-11-18 | by ( Michael Ryan | Ashley Strickland | ) edition.cnn.com time to read: +6 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. And after months of rebuilding following an explosive initial launch in April, SpaceX made a second attempt at launching its deep-space rocket system Starship, but not all went according to plan. Defying gravitySpaceX's megarocket Starship launched for a second test flight from Starbase in Boca Chica, Texas on Saturday. The Wonder Theory team is taking some time off for Thanksgiving. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.

Persons: CNN —, Jasmin Moghbeli, Eric Gay, “, ”, Marina Ascunce, Mertens, Anna Y.Q, Ho, James Webb, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, SpaceX, US Department of Agriculture, Caltech, Cornell University’s College of Arts and Sciences, Telescope, CNN Space, Science Locations: Starbase, Boca Chica , Texas, of Mexico, Americas, Africa, South Africa, Iceland, Grindavík, Japan’s Iwo Jima

Eighty years ago, the United States military attacked the island of Betio, part of the Tarawa atoll in what is today the archipelago nation of Kiribati, to wrest it from Japanese control. But its location would allow the United States to move northwest: first to the Marshall Islands, then to the Mariana Islands and eventually to Japan itself. These were the “leapfrogging” tactics the Allies used in the Pacific to weaken Japan’s control of the region, as well as to establish bases to launch further attacks. On Betio, the United States military had expected an easy conquest by air and sea, a so-called amphibious assault involving about 18,000 Marines and an additional 35,000 troops. But awaiting them were heavy Japanese fortifications, including concrete bunkers and cannons along the sandy fringes of the atoll and some 5,000 troops, nearly a quarter of them enslaved Korean laborers, on the front line.

Persons: Betio Organizations: United States Locations: Betio, Kiribati, United States, Marshall, Mariana Islands, Japan, Pacific

☆ Asset management reforms could significantly alter Japan’s financial industry: FSA Japan
▼ + stars: | 2023-11-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsset management reforms could significantly alter Japan’s financial industry: FSA JapanToshuiyuki Miyoshi from the Financial Services Authority of Japan says the government's asset management reforms are a good opportunity to implement effective change to the industry.

Persons: Japan Toshuiyuki Miyoshi Organizations: Financial Services Authority of Locations: Japan, Financial Services Authority of Japan

☆ Find out why this garden has been named ‘the most beautiful in Japan’ for 20+ years
▼ + stars: | 2023-11-16 | by ( Lilit Marcus | ) edition.cnn.com time to read: +7 min

Shimane, Japan CNN —In Japan, gardening isn’t just a hobby – it’s an art form with spiritual significance. The US-based Sukiya Living magazine (formerly Journal of Japanese Gardening) has awarded the Adachi Museum its highest honor – most beautiful traditional garden – for more than 20 years running. Despite accolades coming from outside of Japan, the museum and gardens remain relatively unknown compared to those in Kyoto and Tokyo. Many Western visitors to Japan are confused when they visit a Japanese garden, only to not see a single flower. “Before looking at Japanese paintings, you can look at these Japanese gardens and understand them in this sequence.

Persons: ”, Sophie Walker, Robert Gilhooly, Takodori Adachi, Zenko Adachi, Adachi, Adachi's, thanyarat07, Lafcadio Hearn, genji maki Organizations: CNN, Japan CNN —, Adachi Museum of Art, Adachi Museum, “, Art, Mount Fuji, UNESCO, Museum of Art Locations: Japan, Shimane, Osaka, The, Kyoto, Tokyo, Tottori, San’in, Okayama, Honshu, Matsue, Adachi, Yasugi

"Given the absence of a growth engine, it wouldn't surprise me if the Japanese economy contracted again in the current quarter. The risk of Japan falling into recession cannot be ruled out," said Takeshi Minami, chief economist at Norinchukin Research Institute. "The weak growth and the spectre of slowing inflation could delay the BOJ's exit from negative interest rates," he said. Japan’s economy contracts in the third quarterThe weak reading reflects lacklustre consumption and capital expenditure, dashing policymakers' hopes for a post-pandemic rebound in domestic activity to offset weaker external demand from China and elsewhere. He said better net exports, underpinned by car shipments and tourism, helped lift growth in the second quarter, belying the weakness in domestic demand.

Persons: Androniki, Takeshi Minami, Stefan Angrick, Angrick, Fumio Kishida, Tetsushi Kajimoto, Sam Holmes Organizations: REUTERS, Norinchukin Research, Gross, Moody's, Thomson Locations: Tokyo, Japan, TOKYO, China

TOKYO (AP) — Asian shares surged higher on Wednesday, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation. “Accordingly, we expect GDP growth to slow from 1.7% this year to 0.5% in 2024,” he said in a commentary. Tuesday on Wall Street, the S&P 500 jumped 1.9% for its best day since April and hit a two-month high, closing at 4,495.70. On Wall Street, real-estate stocks and others beaten down particularly hard by higher rates soared to some of the market's biggest gains. Elsewhere on Wall Street, Home Depot rallied 5.4% after reporting stronger profit for the latest quarter than analysts expected.

Persons: Marcel Thieliant, ”, Hong, Seng, Australia's, Korea's Kospi, Russell, Brent Organizations: TOKYO, Nikkei, Capital Economics, Shanghai, Dow Jones Industrial, Nasdaq, Federal, Technology, Amazon, Nvidia, Treasury, U.S ., Alexandria Real, Bank, Zions Bancorp, Comerica, Valley Bank, Home Depot, New York Mercantile Exchange, U.S Locations: Alexandria, REITs, Wall

☆ Warren Buffett’s Berkshire Hathaway sold all of its GM stock
▼ + stars: | 2023-11-15 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

New York CNN —Warren Buffett’s Berkshire Hathaway unloaded its entire $850 million worth of General Motors (GM) stock last quarter, according to a Securities and Exchange Commission filing. Overall, Berkshire Hathaway was a net seller of stocks last quarter: The firm sold about $7 billion worth of stock and bought $1.7 billion. In the past year, the company has sold about $40 billion worth of stock. Earlier this month, Berkshire Hathaway reported that its bets abroad have also paid off. Shares of Berkshire Hathaway are up about 15.8% year to date.

Persons: New York CNN — Warren, Berkshire Hathaway, Johnson, Buffett, ” Buffett, Charlie Munger Organizations: New, New York CNN, General Motors, Securities and Exchange Commission, Amazon, HP, Chevron, Procter, Gamble, UPS, Mondelez, Johnson, Sirius XM, Sirius, . Berkshire, Fitch, AAA, CNBC, Berkshire Locations: New York, Omaha, Berkshire, .

☆ Japanese helicopters train to repel invaders amid nationwide military drills
▼ + stars: | 2023-11-15 | by ( Tim Kelly | ) www.reuters.com time to read: +2 min

[1/4] Japanese Ground Self-Defense Force's (JGSDF) AH-64 Apache helicopter flies over JGSDF's Amphibious Rapid Deployment Brigade (ARDB) soldiers and the U.S. Marines during ARDB's military drill at an uninhabited Irisuna island close to Okinawa, Japan, November 15, 2023. The flight over Irisuna, about 70 kilometres (43.5 miles) from the main Okinawa island, was part of the country's 11-day nationwide 05JX. The drills, which end Monday, also include an air defence exercise in Japan’s north and simulated attacks on five nuclear reactors including the Fukushima plant. Trained to conduct operations from the sea, his unit was established in 2018 to help Japan defend the Okinawa islands, which stretch from the main Japanese islands to close to Taiwan. Japan's increasing defence budget will allow the ARDB to add a third regiment, Nashinoki said.

Persons: Issei Kato, Fumio Kishida, Shingo Nashinoki, Nashinoki, Tim Kelly, Gerry Doyle Organizations: Defense, JGSDF's, Rapid Deployment Brigade, U.S, Marines, REUTERS, Apache, Wednesday, Japan's Self Defence Forces, Japan's, Irisuna, Thomson Locations: Okinawa, Japan, East Asia, China, Russia, East China, South China, Pacific, Taiwan

According to the Pentagon's most recent report on China's military power, Beijing has “denied, canceled or ignored” military-to-military communications and meetings with the Pentagon for much of last year and this year. In an effort to improve transparency and communication, defense leaders from the two countries were meeting regularly. He and other defense chiefs, Joint Chiefs chairmen and regional high-level U.S. commanders routinely traveled to China over the next decade, and Chinese defense leaders came to the Pentagon. The Pentagon routinely complained that there was little tangible progress in the press for greater transparency in China’s military ambitions and its burgeoning defense budget. But the lack of communications heightened worries about an increase in what the Pentagon calls risky Chinese aircraft and warship incidents in the past two years.

Persons: Joe Biden, Xi Jinping, “, Robert Gates, ”, Chuck Hagel, Hagel, China's, Obama, Trump, Nancy Pelosi’s, Pelosi, Newt Gingrich, Carolyn Bartholomew, Bonnie Lin, ” Lin, Tara Copp Organizations: WASHINGTON, Economic Cooperation, Military Maritime, U.S, Pentagon, Defense Department, Chiefs, Yuchi, Pacific ., Beijing, The Defense Department, China Economic, Security, China, Center for Strategic, International Security, Associated Press Locations: Asia, San Francisco, China, Beijing, U.S, Singapore, South China, South, America's, Taiwan, Russia, Ukraine, Syria, Washington

☆ One of Japan’s most elegant hotels is actually a treehouse
▼ + stars: | 2023-11-14 | by ( Mayumi Maruyama | ) edition.cnn.com time to read: +5 min

A Japanese children’s book called “I Want a Big Tree” sparked the dream of having a treehouse one day. A family affair“I didn’t get much support initially when I had this [treehouse] idea,” Kikugawa says. Now we are working together through this sustainable treehouse resort to protect it and send a message to others on its values.”The rustic view from one of Treeful's rooms. Building a treehouse, building a legacySeven years after Kikugawa started building a treehouse, the resort opened in 2021. Treeful Treehouse Sustainable Resort, 578, Genka, Nago City, Okinawa, 905-1141, Japan.

Persons: Satoru Kikugawa, Kikugawa, ”, ” Kikugawa, Maha, Donna Organizations: CNN, Inc, YouTube, University of Miami, CNN Travel, Guinness World Records, USAID Locations: Tokyo, Borneo, Okinawa prefecture, Okinawa, Costa Rica, “, Japan, Cambodian, Phnom, Siem Reap, It’s, Cambodia, OKA, Genkawa, Nago City

☆ Some fund managers see merit in China's deeply discounted stocks
▼ + stars: | 2023-11-14 | by ( Summer Zhen | ) www.reuters.com time to read: +5 min

U.S. asset manager Fidelity International is highlighting China's looser monetary policy and the government's recent 1 trillion yuan ($137.10 billion) borrowing-and-spending sovereign bond plan as a tailwind for the country's stock markets. London-based £3 billion fund manager Somerset Capital Management likewise finds China exciting. The stock market has yet to recover, but has stabilised. Morgan Stanley estimates long-only foreign investors now have their deepest underweight positions in China and Hong Kong equities in years. Chinese stocks could see a short-term sentiment pick-up given foreign funds have such light positions in the market, said Redmond Wong, Greater China market strategist at Saxo Markets.

Persons: Dado Ruvic, ”, Marty Dropkin, Mark Williams, Morgan Stanley, Patrick Ghali, Sean Ho, Vivek Tanneeru, Redmond Wong, Summer Zhen, Xie Yu, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Fidelity, Asia Pacific, Fidelity International . London, Somerset Capital Management, Nasdaq, Japan’s Nikkei, Sussex Partners, Hong, China, Hang Seng Tech, Monetary Fund, Cambridge Associates, Capital, “, Triata, Matthews Asia, Saxo Markets, Thomson Locations: HONG KONG, China, U.S, Asia, Hong Kong, London, Boston, San Francisco, Greater China

TOKYO (AP) — Japan’s economy slipped into a contraction in the third quarter, decreasing at an annual pace of 2.1% as consumption and investments shrank, the government reported Wednesday. The third quarter's performance was far worse than what had been expected, according to the financial services company ING, which had forecast an annual contraction of 0.5%. Political Cartoons View All 1247 ImagesPrivate consumption shrank an annualized 0.2% during the quarter, while corporate investment decreased 2.5%. Economic activity in the previous two quarters got a boost from recovering exports and inbound tourism. Public demand, which includes government spending, rose at an annual pace of 0.6% in the latest quarter.

Persons: ” Robert Carnell, ING's, Fumio Kishida, ___ Yuri Kageyama Organizations: TOKYO, ING, Auto, Bank of Japan Locations: Asia, Pacific, Japan

☆ Philip Schlamberg: Final US combat death of World War II was Jewish teen in Japan
▼ + stars: | 2023-11-11 | by ( Brad Lendon | ) edition.cnn.com time to read: +12 min

“The Last Fighter Pilot” says when the service saw those scores, Schlamberg was offered his pick of jobs and chose to be a fighter pilot. During that trip, he saw Japanese war veterans up close and felt a kinship, he said. Andrew Caballero-Reynolds/AFP/Getty ImagesFitting endingsYellin died in December 2017, shortly after “The Last Fighter Pilot” was published. In the foreword to “The Last Fighter Pilot,” Yellin recounted how World War II’s end was fitting for the times. “And that the final combat life in the defense of freedom would be laid down by a teenage Jewish fighter pilot who had not yet learned to even drive a car.”

Persons: Emperor Hirohito, Jerry Yellin, Philip Schlamberg, Yellin, Schlamberg, “, ” Yellin, Hirohito, ”, Phil, they’d, Ian Hitchcock, I’m, “ I’m, ” Schlamberg, Andrew Caballero, Reynolds, Melanie Sloan, ” “, ” Sloan, Philip, Sloan, Don Brown, he’d, Schlamberg’s smarts, Jerry Yellin’s, ‘ I’m, ’ ”, Yellin’s, Michael, ’, ” Michael Yellin, Saul Loeb, Helene, Robert, Taro Yamakawa, Yamakawa, “ Yellin Organizations: CNN, US Army Air Corps, US Defense Department, Nazi, US, 78th Fighter Squadron, National Archives, Iwo, Fighter Squadron, American, T150 Defence Force Air, Culpeper Regional Airport, Getty, Abraham Lincoln High School, Army Air Corps, Memorial, of, Monuments, New, Montclair Local, Arsenal, Democracy, US Air Force, Arlington National Cemetery, “ Locations: Tokyo, Nazi Germany, Europe, Brooklyn, Iwo Jima, Ukraine, East, Sudan, Myanmar, United States, Nagasaki, Japan, Hiroshima, Utah, Townsville, Australia, Culpeper, Brandy Station, Virginia, AFP, Honolulu, Honolulu , Hawaii, Pearl Harbor, Hawaii, New Jersey, America, Washington ,, Arlington, Pacific, New York

Souring relations between Asian rivals Japan and China now seem to be snagged on calm-inducing beauty in spas, museums and gardens. In recent years, koi have become hugely popular in Asia, with Japan's koi exports doubling over the past decade to 6.3 billion yen ($43 million) — one-fifth of them shipped to China, the top Japanese koi importer, followed by the United States and Indonesia. Fisheries Agency official Satoru Abe, in charge of koi quarantine, said China has not provided any explanation as to why it hasn't taken the necessary steps to continue koi shipments. IS THIS RELATED TO FUKUSHIMA DAIICHI'S TREATED WASTEWATER RELEASE? Abe, the koi quarantine official, said Fukushima’s wastewater release is unlikely to be the cause of the koi export stoppage, noting that China allowed Japanese koi in for two months after the water discharge began.

Persons: Satoru Abe, Abe, Ichiro Miyashita, “, Hirokazu Matsuno Organizations: TOKYO, CHINA, Japan . Fisheries Agency, International Atomic Energy Agency, Forestry, Fisheries Locations: Japan, China, Asia, United States, Indonesia, Beijing, Tokyo, JAPAN, CHINA, East China

☆ World’s newest island forms in Japanese archipelago
▼ + stars: | 2023-11-09 | by ( Brad Lendon | Francesca Annio | ) edition.cnn.com time to read: +1 min

Tokyo CNN —The world’s newest island has risen from the sea off the coast of the Japanese island of Iwo Jima in the Pacific Ocean. Japan’s Meteorological Agency (JMA) told CNN the unnamed island was formed by an undersea volcanic eruption. The photos show a small eruption sending a dark cloud of ash above the tiny island, which is now part of the Ogasawara Island chain. The island sits about 1,200 kilometers (750 miles) south of mainland Japan and a kilometer from Iwo Jima, the island that saw some of the fiercest battles of World War II in the Pacific. US Marines fought tens of thousands of Japanese garrisoned there in a battle that killed more than 7,000 Americans and 22,000 Japanese troops.

Persons: Setsuya Organizations: Tokyo CNN, Japan’s Meteorological Agency, CNN, Defense Force, JMA, Earthquake Research, University of Tokyo, volcanology, Japan Times, Pacific . US Marines Locations: Iwo Jima, Japan, Pacific

☆ Stock Market Today: Futures Tread Water; Fed's Powell Due to Speak
▼ + stars: | 2023-11-08 | by ( ) www.wsj.com time to read: +1 min

That is the key question for investors after a rally in U.S. stock and Treasury markets. U.S. stock futures suggested the rally could pause. Dow industrials futures traded flat. The 10-year yield traded around 4.6%, up from 4.570% on Tuesday. International stock markets broadly declined.

Persons: Jerome Powell Organizations: Treasury, Federal, Fed, Nasdaq, Dow, U.S, Nikkei Locations: U.S, Washington . U.S, Europe

Gloom over worse-than-expected export data offset any positive momentum from an upgrade to China's growth forecast by the International Monetary Fund. It raised its GDP growth forecast for 2023 to 5.4% from 5% but forecast that growth will slow next year. Earlier in the summer, a swift rise in Treasury yields sent the stock market reeling. High rates and yields hurt stock prices, slow the economy and raise the pressure on the entire financial system. In currency trading, the U.S. dollar edged up to 150.69 Japanese yen from 150.37 yen.

Persons: Joe Biden, Xi Jinping, Janet Yellen, Korea’s Kospi, Australia's, TripAdvisor Organizations: TOKYO, Economic Cooperation, White, Treasury, APEC, International Monetary Fund, Nikkei, Moody’s, Service, Big Tech, Dow Jones, Nasdaq, Emerson, Federal, Federal Reserve, New York Mercantile Exchange, Brent, U.S Locations: China, U.S, Asia, San Francisco, Shanghai, Japan, Israel

☆ Japanese scientists want to send a wooden satellite into space
▼ + stars: | 2023-11-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

Murata wondered if he “could build a wooden house on the moon or Mars,” and decided to test the theory — by creating a wooden satellite. Wooden satellites would be better for the planet while still providing the same functionality as their metal counterparts, says Murata. Now, they are working with Japan’s space agency (JAXA) and NASA to send the prototype satellite, called LingoSat, into orbit early next year. Engineers at Kyoto University are building a wooden satellite that will be launched into space in a joint mission with JAXA and NASA. Finnish startup Arctic Astronautics designed the WISA Woodsat, a wooden satellite that was supposed to be launched into space in 2021.

Persons: that’s, Koji Murata, Murata, ”, It’s, Jari Mäkinen, ” Mäkinen, Yarjan Abdul Samad, Samad, Tatsuhito Fujita, Fujita Organizations: CNN, Kyoto University, National Oceanic, Atmospheric Administration, “, JAXA, NASA, Murata, Engineers, Kyoto, NOAA, Astronautics, Khalifa University, United Arab Locations: Japan, East Asia, United Arab Emirates

NEW YORK (AP) — Trading in shares of WeWork were halted Monday as rumors swirl that the office sharing company, once valued as high as $47 billion, will seek bankruptcy protection. A WeWork spokesperson said last week that the company does not comment on speculation and did not immediately return messages after trading in the company's stock was halted Monday. Shares of WeWork, which cost more than $400 two years ago, could be had Monday for less than $1. In August, the New York company sounded the alarm over its ability to remain in business. And last week, WeWork disclosed a forbearance agreement with bondholders that extended negotiations by one week prior to triggering a default.

Persons: WeWork, Adam Neumann, Japan’s SoftBank, David Tolley Organizations: Street, New Locations: WeWork, New York

“This year, overall views of the United States are much more positive than views of China in most places surveyed,” the report said. The 2019 survey recorded a median of 55% across 22 countries showing favorable views of the U.S., compared to a median of 39% of China. Of the same countries in 2023, medians of 58% and 21% had positive views of the U.S. and China, respectively. Then, a median of 53% across 15 countries reported favorable views of the U.S., compared to a median of 43% with favorable views of China. In 2023, medians of 59% and 27% across the same countries had favorable views of the U.S. and of China, respectively, according to Pew.

Persons: Joe Biden, “, Xi Jinping, Biden, Pew, Camp David, ”, Laura Clancy, Clancy, Donald Trump, Xi, Biden –, George W, Bush, China’s, Hu Jintao, — Organizations: WASHINGTON, Pew Research Center, China, Pew, Camp, Initiative, U.S Locations: United States, China, Washington, U.S, Australia, Poland, Japan, South Korea, Indonesia, South Africa, Mexico, favorability, Nigeria, Beijing, Germany, Sweden, Israel, Italy

HONG KONG (AP) — Asian shares advanced Monday following Wall Street gains last week that were buoyed by hopes for early interest rate cuts. Wall Street steamrolled higher Friday as it closed out its best week in nearly a year. Stock have struggled under the weight of rapidly rising Treasury yields. In the bond market, Treasury yields tumbled just after the jobs report, releasing more of the pressure that had built up on Wall Street. Despite reporting stronger-than-expected profits, Apple, the most influential stock on Wall Street, fell 0.5%.

Persons: ’, Australia’s, Sensex, Stocks, Brent Organizations: Nikkei, Dow Jones Industrial, Nasdaq, Reserve, Expedia Group, Stock, Treasury, Apple, Analysts, New York Mercantile Exchange, U.S Locations: HONG KONG, Gaza City, South, Hong Kong, Shanghai

☆ Berkshire Hathaway posts 40% surge in operating earnings and record cash
▼ + stars: | 2023-11-04 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

New York CNN —Warren Buffett’s Berkshire Hathaway on Saturday reported a surge in third-quarter operating earnings and record-high cash pile of $157 billion in the period. Berkshire reported a net loss of $12.8 billion, compared to a loss of $2.8 billion during the same period last year. Berkshire bought back about $1.1 billion in stock during the third quarter, bringing the nine-month total to approximately $7 billion in stock repurchases so far this year. “It was like having God just opening a chest and just pouring money into it,” Charlie Munger, vice chair of Berkshire Hathaway, said of the investments in an interview with the Acquired podcast released in October. Berkshire Hathaway Class A shares are up 13.9% for the year as of Friday’s close, underperforming the benchmark S&P 500.

Persons: New York CNN — Warren, Berkshire Hathaway, Buffett, ” Buffett, Charlie Munger Organizations: New, New York CNN, Berkshire, Fitch, AAA, CNBC, Treasury, Federal Reserve, Berkshire Hathaway Locations: New York, Berkshire, Omaha , Nebraska

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