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☆ American Ryan Crouser wins third straight Olympic gold medal in shot put
▼ + stars: | 2024-08-03 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +5 min

It made him not only shot put’s farthest thrower of all time — Crouser owns the world and Olympic records — but also indisputably its most dominant. “To say the least.”His opening throw of 74 feet, 3 ½ inches would have been enough to win gold by itself. It is not as though Crouser has won multiple Olympic and world championships while beating up on inferior competition, either. “I don’t really talk when I see him training because he’s the world record holder,” said triple jumper Jaydon Hibbert, a medal contender from Jamaica who competes collegiately for Arkansas. “I’m not going to bother the world record holder.”Ryan Crouser during the London Athletics Meet on July 20.

Persons: Ryan Crouser, — Crouser, putters Ralph Rose, Parry O’Brien, Tomasz Majewski, Bolt, Carl Lewis, Denis, Bernat, Crouser, didn’t, ” Crouser, “, Leonardo Fabbri, Joe Kovacs, ”, Jaydon Hibbert, “ I’m, ” Ryan Crouser, Adam Davy, he’d Organizations: PARIS, Stade de France, Paris Olympics, University of Arkansas, Razorbacks, London Athletics Locations: Saint, France, Oregon, Italian, London, Paris, Rio, Tokyo, Fayetteville , Arkansas, Jamaica, Arkansas

☆ The most dominant shot putter in history eyes a third straight Olympic gold medal – if his body holds up
▼ + stars: | 2024-08-03 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +5 min

PARIS — The best shot putter in track and field’s history spent this spring and summer experiencing something unusual: vulnerability. Doctors didn’t clear him to resume throwing the 16-pound metal shot until almost June. Only four men have thrown past 75 feet, 5 1/2 inches (23 meters) — and Crouser has done it nine times. It is not as though Crouser has won multiple Olympic and world championships while beating up on inferior competition, either. “I don’t really talk when I see him training because he’s the world record holder,” said triple jumper Jaydon Hibbert, a medal contender from Jamaica who competes collegiately for Arkansas.

Persons: Ryan Crouser, didn’t, ” Crouser, “, ” Ryan Crouser, Adam Davy, Crouser, Ralph Rose, Parry O’Brien, Tomasz Majewski, it’s, ”, Jaydon Hibbert, “ I’m, he’d Organizations: PARIS, Paris Olympics, London Athletics, Stade de France, University of Arkansas, Razorbacks Locations: Oregon, Rio de Janeiro, Tokyo, Paris, U.S, Rio, Fayetteville , Arkansas, Jamaica, Arkansas

“I think folks think it’s Trump reverting to his Id,” a longtime Republican communications adviser said. “The momentum is with Vice President Harris, and we just need to work our hearts out until Election Day,” Rep. Ro Khanna, D-Calif., said. “We have multiple pathways to 270 electoral votes,” Dan Kanninen, battleground states director for the Harris campaign, said of the threshold for winning the electoral college. Project 2025, which had been attacked by Democrats, announced that it would stop working on policy after taking criticism from the Trump campaign. “Crazy Kamala is saying she’s Indian, not Black,” Trump wrote on social media.

Persons: Donald Trump, Kamala Harris, Joe Biden, Harris, Ohio Sen, JD Vance, National Association of Black Journalists —, —, Trump, ”, Andrew Hitt, “, Kamala, he’s, Sen, Tom Tillis, Biden, Vance, President Harris, Ro Khanna, ” Harris, Chris Kofinis, Hillary Clinton, Ed McMullen, It’s, ” Trump, “ I’ve, Harris ’, it’s, “ Harris, ” Dan Kanninen, ” Kofinis, Lauren Hitt, ” Hitt, Dave McCormick, Democratic Sen, Bob Casey, Jon Tester, Sherrod Brown, Sherrod Brown of Ohio, Brown, Black, rallygoers, Laura Loomer, Mindy Kaling Organizations: Ohio, National Association of Black Journalists, Republican Party of Wisconsin, Trump, NBC, Republican, Democratic, Democratic Party, Republican National Committee, Biden, Washington Post, ”, Trump stewing, Democratic National Convention, GOP, Democrats, Sun, Republicans, Immigration, Customs Enforcement, National Republican, Committee, Democratic Sens, Black, U.S . Senate Locations: Chicago, Harris, Trump, Pennsylvania, Wisconsin, African American, Switzerland, St, Cloud , Minnesota, West, Wisconsin , Michigan, Georgia, Arizona, North Carolina, Nevada, Michigan, Sherrod Brown of, Minnesota

☆ 10 biggest stories of the first week of the 2024 Summer Olympics
▼ + stars: | 2024-08-03 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +15 min

The 2024 Summer Olympics are heading into their second weekend, and it’s truly been one for the history books. Turkey's Yusuf Dikec competes in the shooting 10m air pistol mixed team gold medal match during the Paris 2024 Olympic Games at Chateauroux Shooting Centre on July 30, 2024. Aleksandra Szmigiel/ReutersFrench athletes wave flags as they sail in a boat on the river Seine during the opening ceremony for the 2024 Summer Olympics in Paris, France, Friday, July 26, 2024. Fabrice Coffrini/AFP/Getty ImagesFrance's Anthony Jeanjean competes in the Men's Cycling BMX Freestyle Park Final during the Paris 2024 Olympic Games in Paris, on July 31, 2024. Emmanuel Dunand/AFP/Getty ImagesVisitors take pictures of the Olympic cauldron as it rises high after sunse on day two of the Olympic Games Paris 2024 at on July 28, 2024 in Paris, France.

Persons: it’s, Simone Biles ’, Léon, Simone Biles, Naomi Baker, she’s, Biles, Read, Léon Marchand, Gold, Leon Marchand, Quinn Rooney, he’s, Marchand, “, ”, Philippe Katerine, Dionysus, Katerine, ” Katerine, Anne, Christine Poujoulat, drenching, Cassandre Beaugrand, Alex Yee, New Zealand’s Hayden Wilde, Wilde, Yee, Novak, Serbia's Novak Djokovic, Lorenzo Musetti, Clive Brunskill, Rafael Nadal, Andre Agassi, Steffi Graf, Serena Williams, Djokovic, Nadal, Spain’s Carlos Alcaraz, Ilona Maher, Maher, Andy Murray, Murray, American’s Taylor Fritz, Tommy Paul, Dan Evans, Andy Murray’s, Kim Yeji, Charles McQuillan, there’s Yusuf Dikeç, Kim, Turkey's Yusuf Dikec, Alain Jocard, Dikeç, Imane Khelif, Angela Carini, dislodging, Carini, Mark Adams, ” Khelif, WADA, CHINADA –, Aleksandra Szmigiel, Franck Fife, Yoshimura Miho, Rwanda's Tufaha, Fabrice Coffrini, France's Anthony Jeanjean, Emmanuel Dunand, Maja Hitij, Amy Woodyatt, Patrick Sung, Gul Tuysuz, Jessie Yeung, Saskya Vandoorne, Ben Church, George Ramsay, Scottie Andrew, Chris Liakos, Simone McCarthy, Andrew McNicol, Kara Fox Organizations: Paris CNN, Paris Olympics, Olympic, Team United, Olympic Games, Bercy Arena, USA, Team France, Paris La Defense, La Défense, Games, CNN, Catholic, French Catholic Church, Paris, Getty, Wimbledon, US, rugby, Team USA, Australia, tennis Shooters, Team Republic of, Chateauroux Shooting, Olympic Committee, Tokyo, China’s, Doping Agency, Tokyo Games, Eiffel, Reuters, Palais Locations: Paris, France, Tokyo, Nanterre, French, AFP, Seine, New, Italy, Los Angeles, Team Republic of Korea, Chateauroux, South Korea, Turkey, Turkish, Beijing

☆ How JD Vance Thinks About Power
▼ + stars: | 2024-08-03 | by ( Matt Flegenheimer | ) www.nytimes.com time to read: 1 min

In September 2021, JD Vance offered two predictions about former President Donald J. Trump and one piece of advice. Mr. Trump would run again in 2024, Mr. Vance said. And when he did, Mr. Vance counseled, he needed the right people around him this time. “Fire every single midlevel bureaucrat, every civil servant in the administrative state, replace them with our people,” Mr. Vance said on a podcast. “Then when the courts stop you, stand before the country like Andrew Jackson did,” Mr. Vance said, citing a (possibly apocryphal) quotation long attributed to America’s seventh president, “and say: ‘The chief justice has made his ruling.

Persons: JD Vance, Donald J, Trump, Vance, Mr, Andrew Jackson, “, ’ Organizations: “

☆ My husband and I are retired and travel a lot. We paid for our 4 adult kids to meet us in Italy.
▼ + stars: | 2024-08-03 | by ( Leonie Jarrett | ) www.businessinsider.com time to read: +4 min

Aged 20 to 28, two of the kids have mortgages and all the expenses that go with owning a property. We offered each of the kids enough money toward their airfares to cover flying to Europe. The offer was extended to the kids' partners, too. For Andrew and me, sharing adult time with our kids and their partners without the distraction of work and rushing was wonderful. It was also lovely to observe our adult kids interact with their siblings and their partners.

Persons: —, Andrew, Let's, Martina Franca, we're Organizations: Service, Business, Lecce Locations: Melbourne, Australia, Europe, Puglia, Alberobello, Monopoli, Matera, Italy

☆ In a tricky box office summer, how can indie cinemas survive?
▼ + stars: | 2024-08-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +11 min

Minneapolis CNN —For 90-plus years, the Parkway Theater has been a fixture in South Minneapolis, gathering generation after generation of patrons in front of its lone movie screen. The Parkway Theater of today is one part revival house cinema, one part performing arts venue, and another part community event space. Parkway Theater owners Ward Johnson (left) and Eddie Landenberger in the theater lobby in Minneapolis on July 8. Moviegoers at a drive-in movie theater in the parking lot of the Rose Bowl in Pasadena, California, on September 3, 2020. Still, cinema operators have to be cautious in their approach, said Kate Markham, administrative coordinator with Art House Convergence, a coalition of independent, community-oriented cinemas.

Persons: David Hancock, Omdia’s, “, ” Hancock, “ Young Frankenstein ”, moviegoing, ”, Ward Johnson, Eddie Landenberger, Christian Meoli, —, Ricard Gil, Michael Tullberg, ” Gil, “ Barbie, Ward, Alicia Wallace, ” Johnson, ” Andrew Sherburne, “ We’re, Meoli, there’s, showmen, Bing Guan, ’, Bill Campbell, showmen ”, Rich Daughtridge, they’ll, ” Campbell, Kate Markham Organizations: Minneapolis CNN —, Parkway, CNN, Omdia, Theater, Cinelounge, Wim, Queen’s University, Disney, El Capitan Theatre, Hollywood, Global Entertainment, Media, Blockbuster, Rose Bowl, Bloomberg, Independent Cinema Alliance, Orpheum, ICA, Art, cineplex Locations: Minneapolis, South Minneapolis, London, California, Canada, Los Angeles , California, —, Iowa City , Iowa, That’s, Tiburon , California, Pasadena , California, Covid, Sheridan , Wyoming, Maryland

☆ Forced marriage: She wanted ‘the world’ for her daughter. Instead, she got a landmark prison sentence
▼ + stars: | 2024-08-03 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +13 min

Jan is the first person in Australia to be convicted of forced marriage since it was criminalized in 2013. Sakina Muhammad Jan was the first person convicted under Australia's forced marriage laws. Some of the measures borrow from forced-marriage laws in Britain, where hundreds of people take out protection orders each year to thwart an impending forced marriage. Other countries such as France, Canada and Germany also have specific laws against forced marriage. A month before Jan’s sentencing, the immigration minister circulated a directive specifically naming the crime of forced marriage as serious enough to warrant the removal of a visa.

Persons: Australia CNN — Ruqia Haidari, Sakina Muhammad Jan, Haidari, Jan, “, ”, Fran Dalziel, Helena Hassani, Boland Parwaz, she’s, ” Helena Hassani, Haidari’s, Mohammad Ali Halimi, Ruqia Haidari, Facebook Halimi, ’, Halimi, he’d, ” Hassani, Wakil Kohsar, Jennifer Burn, Andrew Buckland, it’s, Dalziel, Hassani, It’s, “ I’m Organizations: Australia CNN, Victoria County Court, Australian Federal Police, University of Technology Sydney, UTS, AFP, Facebook, “, Getty, Slavery, Refugee Convention, United Nations, Afghanistan Association Locations: Brisbane, Australia, Afghanistan, Pakistan, Shepparton, Victoria, Hazara, London, Perth, Western Australia, Baharak, Badakhshan province, AFP, Slavery Australia, Bangladesh, Indonesia, India, Britain, United Kingdom, France, Canada, Germany, Melbourne, Australian, Goulburn

☆ Gershkovich advocates for Russian dissidents in first comments after arriving in the U.S.
▼ + stars: | 2024-08-02 | by ( Aurora Almendral | Aurora Almendral Is A London-Based Editor With Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Wall Street Journal reporter Evan Gershkovich chose to advocate for dissidents languishing in Russian prisons, in his first public comments on U.S. soil after he was freed as part of a prisoner exchange. “I just spent a month in prison in Yekaterinburg where basically everyone I was sat with is a political prisoner,” he added. Seven Russian citizens, including four who worked with the late opposition figure, Alexey Navalny, were among the the 24 people freed in Thursday’s major multinational prisoner exchange. On the dissidents he’d met behind bars Gershkovich said no one knew them publicly, but they had various political beliefs. President Joe Biden called the deal a “feat of diplomacy and friendship.” It was cut among seven nations, involving 24 people, including five Germans and seven Russian citizens held in Russia, and eight Russians imprisoned in the U.S., Germany, Slovenia, Norway and Poland.

Persons: Evan Gershkovich, “, ” Gershkovich, Andrew Roth, ”, Alexey Navalny, he’d, Gershkovich, “ They’re, Paul Whelan, Joe Biden, Alsu Kurmasheva, Vladimir Kara, Murza, Biden, Whelan, ” “, ” Whelan, Putin, “ I’m Organizations: Guardian, Base Andrews, AP, Getty, Marine Locations: Russian, Maryland, Yekaterinburg, Russia, U.S, Germany, Slovenia, Norway, Poland, Turkey, United States

☆ Microsoft's cloud is 'no-brainer' for some AI startups, helping Azure gain ground on AWS
▼ + stars: | 2024-08-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

However, after EzDubs went through the Y Combinator startup program last year, the company made a quick pivot, adding Microsoft's cloud into the mix. That's because EzDubs' founders learned of a partnership that enabled Y Combinator companies to receive $350,000 worth of credits on Microsoft Azure. The current offer includes $350,000 in AWS credits, plus $300,000 reserved for tapping the custom silicon, the spokesperson said. A spokesperson later said 58% of Y Combinator startups had taken up Microsoft's credit offer, a figure that doesn't reflect actual Azure usage. "Leading AI startups use OpenAI to power their AI solutions, therefore, making them Azure customers as well."

Persons: Amrutavarsh Kinagi, Kareem Nassar, Padmanabhan Krishnamurthy, EzDubs, Krishnamurthy, Y, Annie Pearl, it's, Satya Nadella, Sam Altman, Hayden, CNBC InKeep, OpenAI, Nick Gomez, InKeep's, InKeep, Gomez, CNBC's Andrew Ross Sorkin, Prady Modukuru, Modukuru, Anthropic, Daksh Gupta, Gupta, Nassar Organizations: Google, Microsoft, CNBC, Amazon, Services, Alchemist, AWS, Hayden Field, Sync Labs, Sync, OpenAI Locations: Palo Alto , California, OpenAI's, San Francisco

☆ Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock
▼ + stars: | 2024-08-02 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

David A. GroganBerkshire Hathaway 's highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of Hungary — amid CEO Warren Buffett's rare sale of some of his favorite stocks. The Omaha-based conglomerate is likely to say its cash hoard topped the previous record of $189 billion, set in the first quarter, when it reports second-quarter earnings Saturday morning. The selling could have resumed in the second quarter as shares of the iPhone maker jumped 23% in the period. "It's just a question of how long they are going to sit on it," Andrew Kligerman, TD Cowen's Berkshire analyst, said in an interview, referring to Berkshire's enormous cash pile. Stock Chart Icon Stock chart icon Berkshire Hathaway

Persons: Warren Buffett, David A, Grogan Berkshire Hathaway, Warren, Buffett, Bill Stone, Andrew Kligerman, I've, Berkshire Hathaway Organizations: Berkshire Hathaway, Apple, Bank of America, Oracle, Glenview Trust Company, America, Federal, Berkshire Locations: Omaha , Nebraska, Hungary, Omaha, Glenview, Berkshire, Charlotte

☆ L'Oreal CEO on the Olympics and innovation in beauty
▼ + stars: | 2024-08-02 | 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 EmailL'Oreal CEO on the Olympics and innovation in beautyL'Oreal CEO Nicolas Hieronimus speaks with CNBC Squawk Box's Andrew Ross Sorkin in Paris during the 2024 Paris Olympics about the impact of the games on the cosmetic giants' sales, and the latest innovation in beauty

Persons: Nicolas Hieronimus, Box's Andrew Ross Sorkin Organizations: L'Oreal, CNBC Locations: Paris

☆ JD Vance Pioneered ‘New Right’ Economics. Trump May Not Embrace It.
▼ + stars: | 2024-08-02 | by ( Jim Tankersley | Andrew Duehren | ) www.nytimes.com time to read: +1 min

Senator JD Vance of Ohio, the Republican vice-presidential nominee, is a pioneer in what friends and critics alike call a new form of Republican economic thinking. It’s a vision to steer the economy toward advancing socially conservative goals, even when those policies defy conservative orthodoxy about government intervention in private markets. Mr. Vance has built his brief political career on that new brand of economic populism. He has championed efforts to reward families for having children, with tax breaks that some Republican economists say discourage people from working. “He’s a social conservative first,” said Michael R. Strain, an economist at the conservative American Enterprise Institute in Washington who has known Mr. Vance and discussed policy with him for years, well before he decided to enter politics.

Persons: JD Vance, Ohio, Vance, ”, Michael R Organizations: Republican, American Enterprise Institute Locations: Washington

Slowdown fearsGlobal markets are a blur of red on Friday as investors fret that the U.S. economy is heading for a slowdown. Lackluster tech earnings are weighing on sentiment (more on that below), but the bigger worry is a softening jobs market and a spending pullback by consumers that threatens to crimp corporate profit. That shines a spotlight on Friday’s jobs report, scheduled for release at 8:30 a.m. Eastern, and bolsters calls on the Fed to lower interest rates at its next meeting, in September. There’s even talk that the central bank could consider a jumbo half-percentage-point rate cut to pull off its hope for a soft landing in which inflation is cooled without tipping the economy into recession.

Persons: There’s Organizations: Fed Locations: U.S

☆ Putin got a pretty great deal, experts say
▼ + stars: | 2024-08-02 | by ( Mikhaila Friel | Thibault Spirlet | ) www.businessinsider.com time to read: +5 min

Read previewThe US claimed a major victory on Thursday, orchestrating a sweeping prisoner exchange with Russia that returned high-profile captives. Smiles in the KremlinAndrew Payne, a City University of London lecturer in foreign policy, told BI that Putin won the historic deal. "You could say in that sense that Putin got a better deal," Payne said. Though Putin won on a transactional level, the deal also greatly benefited Biden, Payne said. "For Biden, this deal signals that he's still in charge and still has what it takes to manage high-stakes diplomacy," he said.

Persons: —, Russia —, Evan Gershkovich, Paul Whelan, Kremlin Andrew Payne, Putin, launderers, Payne, Joe Biden, Vadim Krasikov, Zelimkhan, Tucker Carlson, Sergej, Gershkovich, Emma Tucker, Sam Greene, Biden, Donald Trump Organizations: Service, Wall Street, Business, City University of London, Krasikov, European Resilience Initiative, BBC, Street, King's College London, Ukraine Locations: Russia, Kremlin, Berlin, Georgian, German, Ukraine, Moscow

☆ Pete Buttigieg: How his 2020 campaign built the base driving his VP buzz
▼ + stars: | 2024-08-02 | by ( Arit John | ) edition.cnn.com time to read: +8 min

Buttigieg isn’t the only politician to exit a Democratic presidential primary with an enduring army of online super fans. “Team Pete” didn’t disappear, but the “veepstakes” reactivated his supporters, said Mike Schmuhl, Buttigieg’s 2020 campaign manager. This week, though, he joined the list of vice presidential hopefuls to cancel a planned event with limited explanation. They reject the idea that America isn’t ready for a major-party ticket featuring both a Black woman and the first out gay vice presidential pick. “I definitely think in my lifetime he will be on a ticket,” said Brandon Neal, a Democratic strategist and senior adviser to the 2020 campaign.

Persons: Pete Buttigieg, “, ”, Kamala Harris, George Hornedo, “ They’ve, they’ve, Pete’s, ” Buttigieg, Harris, Buttigieg’s, Buttigieg, Independent Sen, Bernie Sanders, Andrew Yang’s “ Yang, ” Harris, hyping, Pete ” didn’t, Mike Schmuhl, “ Joe Biden, it’s, Pete, Kamala Harris ”, Joseph Guarino, Pete ”, ” Guarino, Josh Shapiro, Arizona Sen, Mark Kelly, Tim Walz, Pat Ryan, ” Ryan, Biden, He’s, Harris ’, Donald, Trump, MAGA, President Harris, Shapiro, he’s, he’d, Don Beyer, ” Nina Smith, ” Smith, there’s, Brandon Neal, Jamie Gangel, Ali Main Organizations: CNN, Democratic, Fox News, Independent, “, Democratic Party, Pennsylvania Gov, Minnesota Gov, Department of Transportation, New York Democrat, House Democrats, Indiana, Virginia Rep Locations: South Bend , Indiana, Iowa, New Hampshire, New York City, Philadelphia, Arizona, Kokomo , Indiana, America, New York, Michigan

☆ Why CTOs have the biggest job on Wall Street right now. Tech leaders from Goldman and Citadel open up about how the job is evolving in the age of AI.
▼ + stars: | 2024-08-02 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

"The most powerful part of the AI story thus far is the chief technology officer, chief information officer," Griffin said at the Milken Global Institute. At the most profitable hedge fund of all time, that person is Umesh Subramanian, Citadel's chief technology officer. But in the age of generative AI, the role of the CTO has evolved into something that reaches far beyond the back office. Nearly two years after OpenAI introduced ChatGPT, finance firms are still trying to figure out the best ways to leverage generative AI for their own businesses and workers. Related stories"The level of investment right now in AI, trickling down the whole value chain, is no longer only a technology investment," Argenti said.

Persons: —, Ken Griffin, Griffin, They've, Subramanian, OpenAI, it's, Andrew Chin, AllianceBernstein, Goldman Sachs, Marco Argenti, Chin, Wells, Bridget Engle, Engle, Keri Smith, Argenti, Citadel's Subramanian, Wall, Accenture's Smith, AllianceBernstein's Chin, Goldman's Argenti Organizations: Service, Citadel, Milken Global Institute, Business, BNY Mellon, Goldman, Amazon Web Services, Management, Accenture, Tech, Wall Locations: Wall

☆ European stocks to extend declines after Bank of England rate cut as global sentiment sours
▼ + stars: | 2024-08-02 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Boris Roessler | Picture Alliance | Getty ImagesLONDON — European stocks were set to open lower Friday, extending losses amid a global downturn as a busy week of market action draws to a close. Germany's DAX was on course to open 104 points lower at 17,984, according to IG data, with France's CAC 40 down 40 points at 7,325. The regional Stoxx 600 index on Thursday suffered its worst session since mid-June, pulled down by financials as French bank Societe Generale downgraded its outlook and the Bank of England cut interest rates for the first time since 2020. The central bank decision took its key interest rate to 5% from 5.25%, in a move that markets had not been fully convinced it would carry out. Asia-Pacific markets saw steep losses Friday, with Japan's benchmark indexes tanking as much as 5%.

Persons: Boris Roessler, Germany's DAX, BOE Governor Andrew Bailey, BOE, Joe Tuckey Organizations: Getty, France's CAC, Societe Generale, Bank of England, CNBC, Argentex, U.S . Federal Reserve, Bank of, Apple, Intel, U.S . Bureau of Labor Statistics Locations: Frankfurt, Bank of Japan, Europe, Asia, Pacific

☆ Photos capture the moment Americans released in a historic prisoner swap touch down on US soil
▼ + stars: | 2024-08-02 | by ( Sarah Gray | Kwan Wei Kevin Tan | ) 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 Wall Street Journal reporter Evan Gershkovich, former US Marine Paul Whelan, and Radio Free Europe/Radio Liberty journalist Alsu Kumasheva touched down at Joint Base Andrews on Thursday night. The trio were greeted by President Joe Biden and Vice President Kamala Harris after being freed from detention in Russia as part of a massive multi-country prisoner swap, the largest exchange in post-Soviet history. Former US Marine Paul Whelan was the first to disembark, where he was greeted by President Joe Biden and Vice President Kamala Harris. Evan Gershkovich hugging his mother Ella Milman after speaking to President Joe Biden and Vice President Kamala Harris.

Persons: —, Evan Gershkovich, Paul Whelan, Alsu Kumasheva, Joint Base Andrews, Joe Biden, Kamala Harris, Whelan, Whelan's, David, Whelan wasn't, Britney Griner, Paul, Former US Marine Paul Whelan, Andrew Harnik, Gershkovich, Ella Milman, Kurmasheva, Pavel Butorin, Bibi, Miriam, Kevin Mohatt Organizations: Service, Street, Radio Free, Radio Liberty, Joint Base, Business, Marine, CBS, Former US Marine, Getty, Reuters, Brooke Army Medical Center Locations: Radio Free Europe, Russia, American, San Antonio , Texas

☆ The Marines are testing its mobile drone-killing machine, equipped with Stinger missiles and machine gun turrets, for full deployment
▼ + stars: | 2024-08-02 | by ( Hope Seck | Sandboxx News | ) www.businessinsider.com time to read: +8 min

Related stories"MCOTEA uses a mission-oriented context in operational testing to relate evaluation results to the impact on the Warfighter's ability to execute missions," the guidebook states. "Focusing on the mission context during operational test planning and execution provides a more robust operational test environment and facilitates evaluation goals." While the real-world MADIS system will be equipped not only with Stinger missiles but also with 30mm machine gun turrets, officials said the tests so far have only involved training ammo. This fall, 3rd LAAB will finally get its first 13 MADIS systems right as the weapon achieves initial operating capability, marking it ready for combat. Program managers said earlier this year that the Marine Corps wants a total of 190 MADIS and 21 L-MADIS systems.

Persons: —, USS Boxer, jammer, MADIS, Cpl, Apollo Wilson, Lance Cpl, Jack C, Howell MADIS, Morgan Blackstock, Neil Mabini Col, Andrew Konicki, Blackstock, Taylor Barefoot, Barefoot, Robert Barclay, Barclay, Matthew Romonoyske Organizations: Service, Marine Air Defense Integrated, Marines, Air Battalion, Business, Tactical Vehicles, USS, 22nd Marine Expeditionary Unit, Polaris, Military, . US Marines, Marine Air Defense, US Marine Corps, Marine Corps, DoD, MCOTEA, Marine Air Defense Integrated System, MADIS, Marine Corps Systems Command, Sandboxx, " Systems, Mk1, US Navy, Air Defense, Corps, Unmanned, Systems, US Marines Locations: Strait, Hormuz, Yuma, America, Philippine, Camp Pendleton , California, Washington ,, Bataan

☆ Safe-haven yen, Swiss franc soar as U.S. slowdown fears flare
▼ + stars: | 2024-08-02 | by ( ) www.cnbc.com time to read: +2 min

Swiss Franc banknotes sit in the office of a bank in this arranged photograph in Zurich, Switzerland, on Friday, Nov. 20, 2015. The safe-haven Japanese yen and Swiss franc traded near multi-month highs against the dollar on Friday after an unexpected slump in U.S. manufacturing fuelled fears of a downturn, sending stocks and bond yields tumbling. The yen traded around 0.2% stronger at 149.085 per dollar, after popping as high as 148.51 overnight for the first time since mid-March. They were the only two major currencies to outperform the dollar overnight, which itself draws safe-haven flows, paradoxically even when the United States is the cause for concern. ECB policymaker Yannis Stournaras raised the risk of a weak euro zone economy sending inflation below the 2% target in an interview published on Thursday, reaffirming his expectation for two rate cuts this year.

Persons: Sterling, Tony Sycamore, Sycamore, BoE Governor Andrew Bailey, ECB policymaker Yannis Stournaras Organizations: Swiss, Bank of England, European Central Bank, Japan's Nikkei, IG, Federal Reserve, ECB policymaker Locations: Zurich, Switzerland, United States, Asia, U.S

According to an NBC News review of police hiring laws in Illinois, Grayson’s hiring did not appear to have violated state or local police hiring policies. And an NBC News review of hiring practices around the country shows that there is a patchwork of hiring standards that vary from state to state and from community to community. Experts say the hiring standards in many small law enforcement agencies are often lower than those of large city agencies. In Illinois, in addition to its state law, city councils and county commissions can also set their own stricter hiring rules. Using the California hiring standards as a model, Guller tells his clients to send seasoned investigators out to interview a person’s former romantic partners, neighbors, employers and even patrons at their favorite bars.

Persons: Sonya Massey, —, Sean Grayson’s, Grayson’s, Thomas Campion, Grayson, Jack Campbell, George Floyd, ”, Michael Bricker, “, Sonya, Matt Guller, ” Sonya Massey, Ben Crump, ” Ed Obayashi, ” Obayashi, who’ve, John O'Connor, Campion, Massey, ” Sean Smoot, Tony Dejak, Sean Smoot, Smoot, Barack Obama’s, “ You’ve, “ We’re, ” Bricker, Guller, ” Guller, James Allard, Allard, Eric Hurd, ” Hurd, Hurd, David Corey, ” Smoot Organizations: Army, NBC, NBC Nightly, U.S . Justice Department, Chicago Police Department, “, New Jersey State Police, NBC News, Police, Minneapolis Police Department, Office, Cleveland City, Illinois, Force, Century, Illinois State Police, Chicago, East, Institute for Forensic Psychology, New York State Police, American Psychological Association, “ Chiefs Locations: Illinois, Sangamon County, Springfield , Ill, California, . Illinois, Logan, East Coast, Steuben County New York, Buffalo, George Floyd , New York, Although New York, New York, ‘ Illinois, Oregon, “ Illinois

☆ Fact check: Trump, who approved multiple prisoner exchanges, falsely claims he gave up ‘nothing’ to get Americans back
▼ + stars: | 2024-08-01 | by ( Daniel Dale | ) edition.cnn.com time to read: +4 min

After President Joe Biden proved the claim wrong on Thursday by securing the release of Gershkovich and others in a multi-country prisoner exchange, Trump posted a series of skeptical questions on social media. Among other things, Trump wrote: “Are we releasing murderers, killers, or thugs? FactCheck.org debunked this Trump claim about his record on securing the release of American prisoners abroad when he previously made it in 2022. Trump acknowledged at the time that this was a prisoner exchange, telling reporters in 2019: “Yeah, we’re very happy to have our hostage back. And there was a one-on-one hostage swap.”Federal prosecutors also dropped charges against the Iranian scientist’s two co-defendants soon after the prisoner exchange.

Persons: Donald Trump, Evan Gershkovich, Joe Biden, Gershkovich, Trump, ’, Jake Sullivan, FactCheck.org, –, Xiyue Wang, Kevin King, Timothy Weeks, Michael White, Sandra Loli, Mikael Gidada, Turkey Trump, Recep Tayyip Erdogan, Andrew Brunson, Erdogan, Brunson Organizations: Washington CNN —, Wall Street, Biden White House, Trump, Republican, Princeton University, Navy Locations: Iran, Afghanistan, Yemen, Oman, Turkey, Israel, Turkish

"While company reported 2Q results ahead of guidance on higher take-rate, weaker 3Q guidance and removal of FY GMS outlook suggest no near-term visibility," the analyst wrote. Etsy stock is 20% lower on the year but has increased 16% since July 8. Positively, AmEx did see slightly better [small or midsize enterprise] spend in Q2'24," wrote analyst Donald Fandetti. Bank of America lifted its price target to $563 from $555, while Citi increased its target to $580 from $555. Its price target of $220, up from $175, implies upside of 23% from Wednesday's close.

Persons: Morgan Stanley, Robinson, Brian, Ossenback, — Lisa Kailai Han, Oppenheimer, Jason Helfstein, Etsy's, Etsy, Helfstein, he's, Lisa Kailai Han, Wells, David Lantz, Lantz, Carvana, Raymond James, Brian Vaccaro, Vaccaro, AmEx, Donald Fandetti, Fandetti, Goldman Sachs, Ross Sandler, Andrew Percoco, Fred Imbert Organizations: CNBC, GE, JPMorgan, Carvana, TAM, Management, American Express, America Express, Meta, Wall Street, Goldman, Citi, Barclays, Bank of America, Google, GE Vernova, General Electric Locations: C.H, Etsy, Wingstop, Wells Fargo, Q2'24, 2H24, Wednesday's

☆ Bank of England is not changing the message on inflation, governor says
▼ + stars: | 2024-08-01 | 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 England is not changing the message on inflation, governor saysBOE Governor Andrew Bailey speaks to CNBC's Steve Sedgwick following the central bank's decision to cut rates.

Persons: BOE, Andrew Bailey, Steve Sedgwick Organizations: Email Bank of England

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