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☆ Russia is making daily tactical gains in eastern Ukraine, as criticism grows of Ukrainian military reporting
▼ + stars: | 2024-04-28 | by ( Andrew Carey | Olga Voitovych | ) edition.cnn.com time to read: +7 min

Ukraine’s DeepState monitoring group, which updates daily changes in frontline positions, shows Russian forces pushing forward in eight different locations along 20-25 kms of frontline in one 24-hour period. Military bloggers on both sides broadly agree that Russian forces have crossed a water course and taken control of the settlements of Semenivka and Berdychi. Heavy fighting continues there, but the situation is under the control of the (Ukrainian) Armed Forces,” he said. Russian forces are also making headway west of Donetsk city, entering the industrial town of Krasnohorivka from the south and the east. “Without (its) manpower advantage, Russia’s artillery and airpower advantage would not be sufficient for Russia to make gains on the battlefield.

Persons: Vladimir Putin’s, Myroshnykov, Stringer, ” DeepState, Muscovites, –, Nazar Voloshyn, ”, DeepState, “, Voloshyn, Narciso Contreras, Anatolii Stepanov, Rob Lee, ” Lee Organizations: CNN, Anadolu, Getty, ) Defense Forces, Armed Forces, –, Foreign Policy Research Institute Locations: Ukraine, Kharkiv, United States, Avdiivka, Ocheretyne, Donetsk, Semenivka, Soloviove, Keramik, Ukrainian, Karlivka, DeepState, Russian, Kyslivka, Krasnohorivka, ”, AFP, Moscow, – greenlit, “ Russian, Russia

Washington CNN —President Joe Biden on Saturday night will attend the White House Correspondents’ Dinner, giving the president a stage and primetime slot to needle the media and his rival former President Donald Trump. “I haven’t had a chance to watch the court proceedings because I’ve been campaigning,” Biden told supporters at a campaign reception in New York Thursday, according to pool reports. While Biden has delivered many of these speeches before, the stakes for what could be his last White House Correspondents’ Dinner are high. “He’s the entertainer.”Administration officials said Katzenberg led daily strategy sessions in the White House residence this week to tweak Biden’s comedy set drafted by longtime speechwriter Vinay Reddy. Biden administration officials said they sought to share that concern with Kelly O’Donnell, president of the White House Correspondents’ Association and senior White House correspondent for NBC News, and with Jost’s team in NBC’s entertainment division as well.

Persons: Joe Biden, Donald Trump, Biden, Calvin Coolidge, Trump, “, I’ve, ” Biden, he’d, Jeffrey Katzenberg, Katzenberg, punchlines, Vinay Reddy, Mike Donilon, Steve Ricchetti, Anita Dunn, Karine Jean, Pierre, Annie Tomasini, Live’s Colin Jost, Kelly O’Donnell, ” O’Donnell, –, “ He’s, ”, Rob Flaherty, Dan Cluchey, Jon Macks, Jay Leno ”, Seth Meyers, – Biden, Barack Obama, Lil Jon, Gary Busey, ” Obama, Osama bin Laden Organizations: Washington CNN, White, Trump, Biden, Dreamworks, CNN, New York City –, Republican, ’ Association, White House, NBC News, Gridiron Locations: New York, Ukraine, Israel, Gaza, White, New York City, Washington

☆ This 'super easy' move earned a couple over $700 to put toward a dream vacation
▼ + stars: | 2024-04-27 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Rob Scores and his wife, Julianne, had long had Puerto Rico on their dream vacation list. Here's how they were able to make their dream vacation a reality. When the friend wanted to move out, Julianne decided she didn't want to be a long-distance landlord and selling the home would be the best move. The couple decided to try to sell the jewelry — some necklaces and earrings — Julianne has had since she was a teen, Scores says. To their surprise, the jewelry scored the couple $729 they could put toward their Puerto Rico trip.

Persons: Rob Scores, Julianne, it's, — Julianne Organizations: CNBC, Google Locations: Puerto Rico, Austin , Texas, New York, Austin

☆ Walmart heir Rob Walton is stepping down from the retailer's board after four decades
▼ + stars: | 2024-04-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Rob Walton, eldest son of Walmart founder Sam Walton, is stepping down from the company's board. He first joined Walmart in 1969 and has served on the board for more than 40 years. The company said Walton "helped shape some of the most important moments in Walmart history." AdvertisementRob Walton, eldest son of Walmart founder Sam Walton's three children, is stepping down from the company's board of directors in June. Even in retirement, Walton will have significant influence over Walmart through his co-ownership of Walton Enterprises, which is the largest holder of Walmart stock.

Persons: Rob Walton, Sam Walton, Walton, —, Sam Walton's, Sam, Greg Penner Organizations: Walmart, Service, Walton Enterprises, Bloomberg

☆ Meet Rob Walton, the Walmart heir worth $79.8 billion who's retiring from the company's board after more than 40 years
▼ + stars: | 2024-04-26 | by ( Avery Hartmans | Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Rob Walton, the eldest of Walmart founder Sam Walton's children, is retiring after more than 40 years on the company's board. With a net worth of $79.8 billion, he's among the 20 richest people in the world. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementWalmart billionaire Rob Walton is stepping down from the board of his family's company. Walmart announced on Thursday that Walton, the eldest son of founder Sam Walton, will retire after more than 40 years on the board as its longest-serving member.

Persons: Rob Walton, Sam Walton's, —, Walton, Sam Walton Organizations: Walmart, Service, NFL, Denver Broncos

☆ Bitcoin showing similarities to small caps as it struggles to break through $70,000, says Wolfe Research
▼ + stars: | 2024-04-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

"Bitcoin continues to demonstrate its inability to successfully get through that stubborn $70k resistance level," Wolfe's Rob Ginsberg said in a note Wednesday. "It reminds us of another group that has been unable to overcome its own resistance level ... small caps," he continued. Now, bitcoin has retested its highs while small caps have barely proved they can stay above $2,000 in [the Russell 2000 ]." BTC.CM= .RUT 6M mountain Bitcoin and Russell 2000 Bitcoin has been meandering in the $60,000 level since the beginning of March. All of the major stock indexes are down for the month, and the small-cap Russell 2000 is tracking for a deeper loss of about 6%.

Persons: Bitcoin, Rob Ginsberg, bitcoin, Russell, Ginsberg, Michael Bloom Organizations: Wolfe Research, Federal Reserve

☆ Bank of Japan needs to hike rates again as they're at an 'absurdly low level,' economist says
▼ + stars: | 2024-04-26 | 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 EmailBank of Japan needs to hike rates again as they're at an 'absurdly low level,' economist saysRob Carnell, Asia-Pacific chief economist and head of research at ING, says the central bank has its "work cut out" for it.

Persons: Rob Carnell Organizations: Email Bank of Japan, ING Locations: Asia, Pacific

Federal authorities say a "critical safety gap" in Tesla 's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and "many others" resulting in serious injuries. The findings come from a National Highway Traffic Safety Administration analysis of 956 crashes in which Tesla Autopilot was thought to have been in use. Tesla's Autopilot design has "led to foreseeable misuse and avoidable crashes," the NHTSA report said. The agency also said it was opening a new probe into the effectiveness of a software update Tesla previously issued as part of a recall in December. "People are dying due to misplaced confidence in Tesla Autopilot capabilities.

Persons: Tesla, Lars Moravy, Edward J, Markey, Richard Blumenthal, Conn, Walter Huang, Elon Musk, Musk, Philip Koopman, Koopman Organizations: Tesla, Traffic, NHTSA, CNBC, NBC News, Apple, Carnegie Mellon University Locations: U.S, Mountain View , California, Snohomish County , Washington, Sens

☆ The new class war: A wealth gap between millennials
▼ + stars: | 2024-04-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to a recent study. According to the study, the average millennial has 30% less wealth at the age of 35 than baby boomers did at the same age. Yet the top 10% of millennials have 20% more wealth than the top baby boomers at the same age. The study finds that millennials — typically defined as those between the age of 28 and 43 today — have faced repeated financial headwinds. The millennials who "went to college, found graduate level jobs, and started families relatively late," ended up with "higher levels of wealth than Baby Boomers with similar life trajectories," according to the report.

Persons: Robert Frank, Rob Gruijters, Zachary Van Winkle, Anette Eva Fasang, Mark Zuckerberg, Sam Altman — Organizations: Boomers

☆ Here's why Thursday's post-GDP sell-off may be overdone
▼ + stars: | 2024-04-25 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Stocks sold off Thursday aHoweverfter the latest economic data came in weaker than expected, but some observers say that the reaction was overdone. While the headline GDP number missed expectations, it nevertheless showed economic growth the Fed could take in stride, they say. He noted that the core parts of GDP, such as consumption growth and residential growth, were "quite good." "Stagflation is a combination of stagnant growth and high inflation," Nick continued. "I think the earnings backdrop has been very supportive," Lee told CNBC's " Closing Bell " on Thursday.

Persons: Stocks, Dow Jones, Chris Zaccarelli, Brian Nick, Nick, we're, Rob Ginsberg, Ginsberg, Fundstrat's Tom Lee, Lee, CNBC's, Jeff Cox Organizations: Federal Reserve, Independent, Alliance, Dow Jones, Treasury, Macro, Wolfe Research Locations: U.S

☆ BHP Anglo American bid: The clean energy race could trigger the biggest mining deal in decades
▼ + stars: | 2024-04-25 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Mining giant BHP has made a near-$40 billion bid to take over its UK rival Anglo American in what would be the largest mining deal on record. BHP said in a statement Thursday that it valued Anglo American shares at £25.08 ($31.40) apiece, or £31.1 billion ($38.9 billion) in total. The potential deal would have a higher value than the $38.3 billion acquisition of Switzerland’s Xstrata by commodities company Glencore in 2012, according to Dealogic data. It would also be the biggest merger or acquisition in the mining industry by value since Dealogic began collecting the data in 2004. Shares in Anglo American soared as much as 13.8% on the news.

Persons: BHP, Dealogic, “, Mike Henry, ” Susannah Streeter, Hargreaves Lansdown, Rob North Organizations: London CNN — Mining, BHP, London Metals, Oz Minerals, United Kingdom’s, London Stock Exchange, City of, Hargreaves Locations: Australia, City, City of London

☆ Haiti’s prime minister resigns as transitional council is sworn in
▼ + stars: | 2024-04-25 | by ( Rob Picheta | Duarte Mendonca | ) edition.cnn.com time to read: +3 min

CNN —Haiti’s Prime Minister Ariel Henry announced his resignation on Thursday, handing power over to a transitional council that will seek to gain control of the violence-ravaged nation. The Caribbean nation’s finance minister Michael Patrick Boisvert has been appointed as interim prime minister until a new government is formed, according to an X post from Henry’s office on Thursday. Ralph Tedy Ero/Reuters/FileA transitional council, composed of seven voting members and two non-voting observers, has been tasked with the responsibility of naming a new prime minister and cabinet. Henry announced in March his plans to step down once a decision on the country’s future leadership was made, and the transitional council was set up soon after. I don’t think that’s sunk in,” Jean-Martin Bauer, the World Food Programme’s country director for Haiti, told CNN last month.

Persons: CNN —, Ariel Henry, Henry, “, ”, Michael Patrick Boisvert, Ralph Tedy Ero, ” Jean, Martin Bauer Organizations: CNN, CNN — Haiti’s, . Police, Prince, Caribbean, United Nations, UN Locations: Haiti, Caribbean, Port, ”

☆ Meta is not showing investors enough to justify VR spending sprees, says Rob Sanderon
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta is not showing investors enough to justify VR spending sprees, says Rob SanderonRob Sanderson, managing director at Loop Capital, joins CNBC's 'The Exchange' to breakdown Meta earnings.

Persons: Rob Sanderon Rob Sanderson Organizations: Loop

☆ IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
▼ + stars: | 2024-04-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

On Tuesday, The Wall Street Journal reported that IBM was getting close to acquiring HashiCorp, sending shares upward. In 2021 HashiCorp shares started trading on the Nasdaq. HashiCorp shares moved 4% higher in extended trading following the acquisition announcement. Revenue from software, at $5.90 billion, increased about 6% and was below the $5.96 billion consensus among analysts surveyed by StreetAccount. Notwithstanding the after-hours move, IBM shares are up about 13% so far this year, outperforming the S&P 500 index, which is up 6% over the same period.

Persons: Arvind Krishna, Dave McJannet, Rob Thomas, IBM's, HashiCorp Organizations: Economic, IBM, HashiCorp, Street Journal, Bloomberg, Linux, Nasdaq, LSEG, StreetAccount, Weather Company, Francisco Partners Locations: Davos, Switzerland

He also hiked his price target to $92 from $59, suggesting shares rallying 48.3% from where they closed on Tuesday. Analyst Jessica Reif Ehrlich raised her price target to $370 from $315, suggesting 22% upside from Tuesday's close. — Hakyung Kim 6:04 a.m.: Citi raises price target on Amazon Amazon is becoming a more profitable organization, according to Citi. The price target increase comes on the heels of Amazon's new grocery delivery subscription launch. He cited increased operating income projections amid strong top-line trends for his price target increase.

Persons: Tesla, Rob Sanderson, Sanderson, Forrest Li, Hakyung Kim, Jessica Reif Ehrlich, — Hakyung Kim, Ronald Josey, Josey, GenAI, Kim, Goldman Sachs, Mark Delaney, Delaney, Goldman, Joseph Spak, Spak, TSLA, Wells Fargo's Colin Langan, Langan, James Lee, Lee, Fred Imbert Organizations: CNBC, Mizuho, Bank of America, Spotify Bank of America, Spotify, Citi, Amazon Web Services, Revenue, UBS, Summer

☆ The FTC is fighting for your right to job-hop
▼ + stars: | 2024-04-24 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe FTC wants to give Americans the freedom to job-hop without pesky noncompete contracts getting in the way. The Federal Trade Commission voted 3-2 on Tuesday to approve a nationwide ban on noncompete agreements, the agency announced in a press release. The move could help American workers make $300 billion more a year, the FTC has previously said. Companies can keep existing contracts for some senior executives, but that will only affect about 0.75% of workers, the FTC said.

Persons: —, pesky noncompete, Evan Starr, Lina M, Khan, Suzanne P, Clark Organizations: Service, Federal Trade Commission, FTC, Business, Employers, University of Maryland, New York Times, US, of Commerce, Commerce's, National Labor Relations Locations: California , Massachusetts, Illinois

☆ Here's why this financial technology fund could break out during earnings season
▼ + stars: | 2024-04-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Technical analyst Rob Ginsberg said in a note to clients Wednesday that the Global X FinTech ETF (FINX) looks attractive after a long period of underperforming the broader market. "Now that we're past much of the big bank earnings, there are a number of fintech and financial service names on the docket this week and next. FINX 5Y mountain The FINX ETF has shown early signs of a rebound in 2024. Ginsberg wrote that the ETF has some positive technical signals of its own. To be sure, earnings reports could prove to be a downside catalyst for financial technology stocks and the fund.

Persons: Rob Ginsberg, Ginsberg, — CNBC's Michael Bloom Organizations: titans, Wolfe Research, Paypal Locations: Fintech, FINX

☆ Kabul airport attack exclusive: New evidence challenges the Pentagon’s official account of a horrific incident as the US withdrew from Afghanistan
▼ + stars: | 2024-04-24 | by ( Nick Paton Walsh | Mick Krever | Mark Baron | ) edition.cnn.com time to read: +22 min

One told CNN he heard the first large burst of shooting come from where US Marines were standing, near the blast site. This is significantly more than the three “near simultaneous” bursts of gunfire that the Pentagon investigations have claimed occurred. The Supplemental Review found no new evidence of a complex attack, and uncovered no new assertions of outgoing fire post-blast. “They were targeting people,” another, Nazir, 16, told CNN. CNN spoke with about ten Marines anonymously, many of whom described hearing gunfire and feeling under attack from it.

Persons: Hamid, Akhter Gulfam, –, Wakil Koshar, Robert Maher, Sarah Morris, Morris, Maher, Rob Lodewick, ”, “, ” Shogofa Hamidi, Morsal, Nazir, ” Noorullah Zakhel, Read, Sayeed Ahmadi, ” Ahmadi, Ahmadi, Lodewick, Marcus Yam, CNN's Nick Paton Walsh, “ You’ve, they’ve, It’s, Taylor Crul, Romel Finley, Finley, Barber, ‘, ” Finley, Christian Sanchez, Sanchez, Staff Mark Milley, Kenneth “ Frank ” McKenzie, Darrell Issa, Nick Paton Walsh, Sandi Sidhu, Julia Hollingsworth, Masoud Popalzai, Sitara Zamani, Abdul Basir Bina, Katie Polglase, Gianluca Mezzofiore Organizations: CNN, United, Pentagon, US, Airport, NATO, US Army Central Command, Getty, Montana State University, University of Southampton, Marines, British Ministry of Defense, U.S . Central Command, AP CNN, “, Los Angeles Times, Marine, ” Marines, Navy, US Air Force, . Air Force, Reuters, US Marines, YouTube, Investigators, Joint Chiefs, Staff, Central Command Locations: Kabul, Afghanistan, United States, airport’s, American, British, AFP, Bozeman, England, US, Kabul airport's, U.S, Finland, ”

☆ The Supreme Court is about to decide if a president can get away with committing crimes while in office
▼ + stars: | 2024-04-24 | by ( Jacob Shamsian | Brent D. Griffiths | ) www.businessinsider.com time to read: +12 min

Donald Trump is asking the Supreme Court to recognize that he had total legal immunity as president. Trump is asking the Supreme Court to grant him a sweeping immunity mandate as he runs to recapture the presidency. "This may indeed be the most important US Supreme Court case in the history of our country," he told journalists at a panel organized by the Defend Democracy Project. The Supreme Court will likely issue a decision in late April. "The Supreme Court need not stray into other questions just because Trump has made it easy for them.

Persons: Donald Trump, Jack Smith's, —, Trump, Jack Smith, Richard Nixon, David Frost, Smith, He's, Stormy Daniels, Todd Blanche, David Pecker, Tanya Chutkan, Barack Obama, Dana Verkouteren, doesn't, MANDEL NGAN, Nixon, Gerald Ford's, Ford, Leon Jaworski, indicting Nixon, Robert Ray, Bill Clinton, Monica Lewinsky, Donald Ayer, Ronald Reagan, George H.W, Bush, it's, Justice Department's, Chutkan, BRENDAN SMIALOWSKI, framers, Mark Meadows, Norm Eisen, Obama's Organizations: Service, Justice Department, Capitol, Department, Air Force, Nixon, Trump, Prosecutors, AP, Getty, Independent, Department of Justice, Defend, Justice, White House Locations: Washington , DC, Georgia, Florida, New York, Manhattan, United States, AFP, Fulton County

☆ A woman is trying to free her fiancé from prison after 49 years behind bars
▼ + stars: | 2024-04-24 | by ( Thomas Lake | ) edition.cnn.com time to read: +10 min

According to a trial transcript, two friends of Durrett also testified they’d heard Ezra make similar statements. Durrett didn’t implicate Ezra until months after the crime — and after he, Durrett, had been charged with the murder. And although she has been “madly in love” before, Christine said she’d never felt such pure love as she does with Ezra. But the older man said the younger man couldn’t love her because he didn’t even love himself. A few days later he told Christine about another man who needed her help.

Persons: Alexa, ”, “, Christine, Christine Roess, Smokey Robinson, Van Morrison, he’d, Ezra, Morris Weitz, Thomas Durrett, Durrett, they’d, didn’t, ” Durrett, Ezra Bozeman’s, ” Christine Roess, she’d, ” Christine, Ezra Bozeman, Christine Roess Ezra, Dana Kelly, Kelly, Teddy Pendergrass, Edwin Hawkins, Christine Roess “ Alexa, I’ve, Team Free Ezra —, —, Josh Shapiro, I’ll, Yusef Organizations: CNN, Fortune, Laurel Highlands, Team Free, Department of Corrections, Savage Locations: Philadelphia, Bozeman, Pittsburgh, Laurel Highlands, Laurel, couldn’t

☆ US court sentences Chinese citizen to prison for threatening person who promoted democracy in China
▼ + stars: | 2024-04-24 | by ( Rob Frehse | ) edition.cnn.com time to read: +2 min

Xiaolei Wu, 26, who attended the Berklee College of Music in Boston, was convicted in January of one count of cyberstalking and one count of interstate transmissions of threatening communication, prosecutors said. Wu is no longer enrolled as a student at Berklee College of Music, the school told CNN Wednesday. CNN previously reported that Wu allegedly sent threatening messages to a person who posted a flier on or near the college campus supporting Chinese democracy, according to the complaint. “Post more, I will chop your bastard hands off,” Wu reportedly said on WeChat, a Chinese messaging app. Charging documents allege Wu reported the person to the Chinese government and told them its representatives would “greet” their family members.

Persons: Xiaolei Wu, Wu, ” Wu, Joshua S, Levy, Wu’s, ” Levy, “ Mr, ” Organizations: CNN, US, Berklee College of Music, Federal Public, Office, “, United, People’s, Berklee, Department, Justice Locations: China, Massachusetts, Boston, People’s Republic of China

☆ FTC votes to ban noncompete clauses that bar employees from working for competitors
▼ + stars: | 2024-04-23 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Federal Trade Commission Chair Lina Khan testifies before a House Judiciary Committee hearing on Oversight of the Federal Trade Commission, on Capitol Hill in Washington, D.C., July 13, 2023. The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent employees from taking jobs with competitors in the same industry. The FTC estimates that 30 million American workers, or roughly 18%, are currently subject to a noncompete. The FTC initially proposed the noncompete ban in January 2023. Meanwhile, business trade groups claim that noncompetes help preserve intellectual property and company secrets.

Persons: Lina Khan, Joe Biden, Joe Biden's, Biden Organizations: Federal Trade, Federal Trade Commission, Capitol, Washington , D.C, Federal, U.S . Chamber of Commerce, Workers, FTC, Department, DOJ Locations: Washington ,, U.S

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Since then, private-equity firms have poured $54.6 billion into sports, according to PitchBook data. And the field of potential investors is growing with Goldman Sachs helping rich clients invest in teams, which can drive up prices. AdvertisementLeagues also restrict PE investments, with some caps on the number of teams a firm can own stakes in or the ownership share a fund can hold. Scroll down to read about the private equity firms, listed alphabetically, that have been making the biggest moves in sports in recent years.

Persons: —, Josh Harris, Rob Walton, Carlyle, Ben, Blackstone, Goldman Sachs, Harris, Blackstone Group's David Blitzer, Lauren Leichtman, Arthur Levine, Sportico, RedBird, Gerry Cardinale, There's Organizations: Service, MLB, NBA, Business, Washington, Denver Broncos, Amazon, Sports, Ben Fund, Bluestone Equity Partners, GMF, Apollo Global Management, Blackstone Group's, Levine, Capital Partners, San Diego Wave, NFL Locations: downturns

German national Jian G, who worked for AfD MEP Maximilian Krah, was arrested by Saxony State criminal police in Dresden and had his residences searched, the prosecutor’s office said early Tuesday. The aide was later suspended by the European Parliament, a spokesman for the body told CNN. Prosecutors said he passed on information about “negotiations and decisions in the European Parliament” to China in January. The far-right AfD party has nine seats in the European Parliament, and is competing alongside Germany’s traditional parties in the European elections in June. The Federal Prosecutor’s Office said the homes and workplace of the trio were searched in Düsseldorf and Bad Homburg.

Persons: Jian G, Maximilian Krah, ”, Jens Schlueter, Jian, “, Krah, Nancy Faeser, Thomas R, – Herwig, Ina F, –, Wang Wenbin Organizations: CNN, Prosecutors, International Trade, Security, Defence, Foreign Trade, Federal Prosecutor’s Office, Ministry of State Security, ” Ministry of Foreign Affairs, Crown Prosecution Service Locations: China, Europe, Saxony, Dresden, Germany, United States, Bad Homburg

☆ A homebuyer's guide to the real-estate revolution
▼ + stars: | 2024-04-23 | by ( James Rodriguez | ) www.businessinsider.com time to read: +16 min

Real-estate agents' commissions have fluctuated between 5% and 6% of the sale price for decades, despite advances in technology and an influx of agents. The recent lawsuits, which accused the NAR and some of the country's largest brokerages of conspiring to keep agents' commissions unfairly high, could signal the start of a new era. If sellers aren't paying out commissions to buyers' agents, buyers themselves could end up on the hook. For example, what happens if the seller isn't willing to pay the buyer's agent's commission? In most states, the buyer's agent can technically just rebate that extra money to their client.

Persons: Austin Whitt, Whitt, —, I've, Steve Brobeck, Sabrina Brown, they've, Michael Warren, Sellers, Prentiss Cox, it'll, you've, doesn't, Jack Ryan, Ryan, homebuying, Rob Hahn, Wendy Gilch, Gilch, I'm, it's, David Dworkin, Dworkin, Cox, It's Organizations: Realtors, National Association of Realtors, NAR, Consumer Federation of America, Getty, University of Minnesota, MLS, Consumer Federation of, National Housing Conference, Justice Department Locations: Tennessee, Nashville, America, North Carolina, United Kingdom, Australia

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