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CNN —China on Friday threatened to impose the death penalty in extreme cases for “diehard” Taiwan independence separatists, a ratcheting up of pressure even though Chinese courts have no jurisdiction on the democratically governed island. The guidelines are being issued in accordance with laws already on the books, including the 2005 anti-succession law, Xinhua said. That law gives China the legal basis for military action against Taiwan if it secedes or seems about to. Sun Ping, an official from China’s Ministry of Public Security, told reporters in Beijing the maximum penalty for the “crime of secession” was the death penalty. Such punishments have little practical effect as Chinese courts do not have jurisdiction in Taiwan, whose government rejects Beijing’s sovereignty claims.
Persons: Lai Ching, , Lai, Sun Ping, Hsiao Organizations: CNN, diehard, Xinhua, China’s Ministry of Public Security, Reuters, Senior Locations: China, Taiwan, Beijing, United States
Nvidia just formed a bearish technical pattern that is signaling a reversal ahead. The red-hot chipmaker dropped 3.5% on Thursday after temporarily unseating Microsoft as the most valuable public company in the U.S. Thursday's decline marked a "bearish engulfing" pattern that often signals that the prior upward momentum is waning. Others believe the Nvidia bearish engulfing pattern, while ominous, isn't significant enough yet. The confirmation of a bearish engulfing pattern sometimes depends on the size of the candles. "The reversal of the shares was 11 cents away from clearly registering a bearish engulfing pattern.
Persons: Mark Newton, Mike O'Rourke Organizations: Nvidia, Microsoft, NVIDIA Locations: U.S
CNN —Despite its name, June’s full moon will not look like a strawberry. But the bright orb could still turn heads Friday night with an appearance that is bigger and more colorful than the average moon. Since a full moon is opposite the sun, this strawberry moon will shine lower in the sky than usual, according to NASA. Native American tribes across North America gave the strawberry moon its name to mark the in-season ripeness of strawberries, according to The Old Farmer’s Almanac. For optimal viewing, Dyches recommends looking when the moon is rising or setting to see the effects of the moon illusion.
Persons: , Preston Dyches, Dyches, don’t, it’s, ” Dyches, , Vega, Buck Organizations: CNN, Northern, NASA, Jet Propulsion Laboratory, North America Locations: Pasadena , California, North, Alaska, Denmark, Northern
CNN —Britain’s governing Conservative Party has been rocked by a gambling scandal in the middle of the campaign for an election that it is expected to lose. The UK’s PA Media news agency reported on Thursday that Conservative candidate Laura Saunders is facing a gambling watchdog investigation into alleged betting offenses. Prior to standing as a candidate, Saunders worked for the Conservative Party. A Conservative spokesperson told CNN in a statement: “We have been contacted by the Gambling Commission about a small number of individuals. It would be the first time Labour has entered power from opposition since 1997 and would end 14 years of controversial government by the Conservative Party.
Persons: Laura Saunders, Saunders, Tony Lee, Lee, ” Saunders, Craig Williams, Rishi Sunak, Williams, , , , It’s Organizations: CNN, Conservative Party, Media, Conservative, BBC, Commission, UK’s, Sunak, The Metropolitan Police, Professional, Labour Party, Labour, Conservatives
But investors focusing on those big three may be missing some compelling breakouts in the sector, according to the charts. Microsoft is up a pedestrian 10% since then, but combined, they've helped propel the SPDR Technology ETF (XLK) to a new all-time high. Indeed, there's nothing wrong with riding a trend, but many times a long uptrend starts with a pattern breakout. And starting in 2023, the following combination has produced the best results: rallying from a higher low as the stock's 14-day Relative Strength Index bottoms near 50. It's never perfect, but this setup has presented favorable risk-reward scenarios more often than not, and each ensuing bounce eventually resulted in higher highs.
Persons: they've, ROP, it's, It's, Frank Cappelleri Organizations: Nvidia, Apple, Microsoft, SPDR Technology, Roper Technologies, Technology Locations: Here's
That's because the sulfur dioxide, a pollutant which forms when sulfur-containing fuel such as coal or petroleum oil is burned, reacts with water vapor to produce aerosols that reflect sunlight back into space. The aerosols have a direct cooling effect, though climate scientists note that their contribution to global cooling or warming when they are reduced remains a complex area of research. Extreme temperatures are fueled by the climate crisis, the chief driver of which is the burning of fossil fuels. All of the climate models will give you slightly different answers because of the way that they do their emissions of sulfur dioxide," Haywood said. "So, we are uncertain about how much impact the IMO regulations will have had on global mean temperatures."
Persons: Yuan, Laura Wilcox, everyone's, Jim Haywood, Haywood, You've, Jim Hansen Organizations: United Nations, International Maritime Organization, Ucg, Getty, Communications, University of Maryland, National Centre for Atmospheric Science, University of Reading, El Nino, University of Exeter, CNBC, El, NASA Locations: London, Europe, Tonga
The following day, the body of an American tourist was found on Mathraki, a small island west of Corfu. As climate change fuels longer and more severe heat waves, scientists are trying to unravel how our brains will cope. But as heat increases, it can have serious effects, including lowering the fluids in the body and decreasing blood flow to the brain, Bailey said. Extreme heat can disrupt typical brain activity, said Kim Meidenbauer, a neuroscientist at Washington State University. Someone who is very fit understands the dangers and carries plenty of water is still gambling if they decide to go on a hike in very high temperatures, Bailey said.
Persons: Michael Mosley, Albert Calibet, ” Petros Vassilakis, , Damian Bailey, Bailey, ” Bailey, Jeff Nerby, Mike De Sisti, Kim Meidenbauer, “ You’re, , ” Meidenbauer, don’t, Jose Guillermo Cedeño Laurent, Ethan Hickman, Jeff Roberson, Stephanie Halasz, Issy Ronald Organizations: CNN, Reuters, University of South, It’s, Milwaukee Journal Sentinel, USA, Network, Washington State University, Rutgers School of Public Health Locations: Symi, Greece, Samos, American, Corfu, University of South Wales, Crete, Milwaukee , Wisconsin, Boston, Weldon Spring , Missouri
Currently the farthest spacecraft from Earth, Voyager 1 stopped communicating coherently with mission control in November 2023. However, data from Voyager 1’s four science instruments, which study plasma waves, magnetic fields and particles, remained elusive. On May 19, the Voyager team sent a command to the spacecraft to start returning science data. Now, all four instruments are beaming back usable science data, according to an update shared by NASA on June 13. )”Long-lived space missionsMeanwhile, Voyager 1 is back to doing what it does best: Sharing insights from uncharted cosmic territory.
Persons: , ” Long, Suzanne Dodd, ” Dodd Organizations: CNN, NASA, Voyager, Jet Propulsion Laboratory, JPL, Neptune Locations: Pasadena , California
In order to avoid economic catastrophe, he argued, people should save more money and work longer. The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. For one, many older people cannot work because of a disability or because they need to care for someone else with a disability. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult." He's asking people who have not yet retired to work longer than their elders did and to save even more money, without changing the systematic barriers to either.
Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego
The retirement Catch-22
  + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com   time to read: +10 min
The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."
Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego
Some young investors are using astrology and tarot cards to guide day trading decisions. They believe stock market behavior aligns with cyclical patterns of planets and the moon. Gen Z sees astrology as a form of inner clarity, akin to religion, amid shifting identities. The idea is that everything — from the whims of the stock market to the rotation of the planets — is cyclical. AdvertisementSo relying on astrology, tarot cards, or some other method of divination is, in some sense, an act of faith.
Persons: , it's, TJR, MAREN, Paige Doherty Organizations: Service, Business, Genius Ventures
And people love them some “Game of Thrones.” Like seriously love it. (I also have to read book series in strict order, but I digress). The first book is titled “A Game of Thrones” and I settled in fully expecting to be engrossed by all 694 pages. Ollie Upton/HBOWih this weekend’s premiere of the second season of the “Game of Thrones” spinoff “House of the Dragon” I decided to try again. So sorry “House of the Dragon,” it doesn’t appear we’re meant to be.
Persons: Winter, HBO Max I, George R, Martin, , , I’m, I’ve, Jon Snow, Kit Harington, Megan Thomas, Adam Elkus, Rhys Ifans, Olivia Cooke, Ollie Upton, Renee Frederick, nope, it’s, that’s, Taylor Swift Organizations: CNN, , HBO Locations: Westeros,
As I sorted his clothes with my mom and sister, we selected items to keep. My sister kept a denim jacket and my mother his boina. My father was a foot taller than me, and wearing his clothes makes me feel protected, as if he's hugging me. Grief and nostalgia often go hand in hand. I often see the pair of Keen sandals he wore, and every time, I'm hit by a wave of grief.
Persons: Gina Moffa, I've, Moffa, He'd, Keen, I'm Organizations: Service, Business, Uruguayan, Rolex Locations: Uruguayan, Uruguay, Luxor, Egypt, Mexico
Apple's scale and specificity of vision also make it the first Big Tech company to get AI integration right. The fact that people are disappointed in Apple says more about the hype around AI's capabilities than it does about Apple. In that way, Apple's cautious approach may be a service for the rest of the tech industry. By slowly acclimatizing its constellation of users to AI that makes their lives better instead of frustrating them, Apple makes the tech feel like a natural upgrade instead of an unreliable, scary intrusion. AdvertisementSure, Apple's AI may not be sexy or scary, but at least it doesn't seem stupid.
Persons: Katie Collins, Mark Gurman, Jordan Hart, Elon Musk, OpenAI's, Marc Andreessen's, confidants, Musk, Tesla, AI's, that's, Yann LeCun, Siri Organizations: Worldwide Developers, Apple, Apple Intelligence, Big Tech, Nvidia Locations: Silicon Valley, Silicon, Albany, New York City, New York
When I was around 10 years old, my father started hiding bananas in our house. We found them in the dishwasher, in the junk drawer, behind the potted plants. I once came upon an entire bunch hanging from the shower head. A wood sculptor, he had always been obsessive, almost rabid, about his work. But now it was as if someone had yanked out his batteries.
Persons: Dad, he’d
His candidacy galvanized liberals to defend democracy and abortion rights, giving Democrats the edge in low-turnout special and midterm elections. Yet at the same time, early polls suggest, many less engaged and infrequent voters have grown deeply dissatisfied with Mr. Biden. The disengaged voters do not necessarily like Mr. Trump, the polling shows. Many low-turnout voters — notably including many who consider themselves Democrats — now say they’ll back Mr. Trump. Even if Mr. Trump holds his edge among the disengaged, it’s not clear many of these low-turnout voters will ultimately show up to vote.
Persons: Donald J, Trump, Biden, , there’s, they’ve Organizations: New York Times, Mr, Trump Locations: Siena, New York
CNN —A truism of American politics is that older voters prefer the Republican and younger voters prefer the Democrat. In 2012, Republican Mitt Romney lost the election, but he did better than Democrat Barack Obama among voters 45 and older. Older voters are gravitating to Biden, and younger voters are taking a look at Trump. But older voters have gone in the opposite direction, and instead of favoring Trump, are nearly split in the Marist poll. Despite the shift of older voters in the direction of Biden (and younger voters away from him), I was surprised to see older voters still have reservations about Biden’s age.
Persons: Democrat Joe Biden, Republican Donald Trump, , Trump, Hillary Clinton, Clinton, Republican Mitt Romney, Barack Obama, haven’t, George H.W, Bush, Michael Dukakis, Al Gore, Republican George W, gravitating, Biden, “ Joe isn’t, , Jill Biden, CNN’s Jeff Zeleny, Eric Bradner, Bradner, Linda Van, , I’d, Ronald Brownstein Organizations: CNN, Democrat, Republican, Electoral, Voters, Trump, Marist, Quinnipiac University, New York Times, Siena College Locations: Pennsylvania, Wisconsin, Michigan,
Reached by phone, Lisa’s live-in partner Maria Tazbaz said she sold the Easter baskets at her hardware store. By 2009 Lisa was on supervised parole, but couldn’t stop committing crimes, according to her parole officer, who asked a judge to consider putting her back in prison. In a letter to the judge, the parole officer outlined Lisa’s infractions: She faked cancer to get sympathy from a court on a charge for bogus checks. After spending much of 2010 and 2011 imprisoned in Oklahoma, Lisa was released. At a hearing for the revocation of her release, the parole officer testified she had “noticed, and attempted to stop, a pattern by the defendant of defrauding her boyfriends.” A judge locked her back up.
Persons: Carloyn Naussany, Lisa, Maria Tazbaz, Carolyn, ” Tazbaz, Girl’s, Tazbaz, Linda, It’s, ” Lisa’s, Steven Sullins, Leonardo DiCaprio, “ That’s, ” Sullins, Sullins, Lisa Sullins, ’ ” Lisa, Steve, Lisa wasn’t, Dodge, Kurt Naussany, , Kurt Howell, “ I’ve, I’ve, ” Steve, Howell, , ” Lisa, Lisa’s, couldn’t Organizations: Facebook, King Food Saver, Branson Buzz, Google, Oakley Auto, Chrysler, Kimberling City, NBC, Oklahoma State Department of Health, South Pointe Chrysler, Dodge Ram, Prosecutors, KMart, Ramada Oasis Convention Center Locations: Branson West, Kimberling City, Kimberling, Rock, South, Tulsa, Las Vegas, Nevada, Clark County, California, Cleveland , Oklahoma, Vietnam, Osage County, Sapulpa , Oklahoma, Springfield , Missouri, Oklahoma
aapl gold cross correx 14-jun-24
  + stars: | 2024-06-14 | by ( ) www.cnbc.com   time to read: 1 min
A previous version misstated when Apple's previous golden cross pattern took place. The story has also been updated to reflect Apple was headed for its best week since May 2022.
Organizations: Apple
A Boeing 737 Max has been out of service since May 25. The Southwest Airlines jet encountered a rare stability problem called a Dutch roll. AdvertisementA Boeing 737 Max has been out of service for 20 days as officials investigate an in-flight incident. The Southwest Airlines jet was flying from Phoenix to Oakland on May 25 when it ran into a rare but potentially serious problem. The video below shows an aircraft (not the Southwest 737 Max) experiencing a Dutch roll:Luckily, in the Southwest incident, pilots regained control of the 737 Max.
Persons: Max, Organizations: Boeing, Southwest Airlines, Service, Federal Aviation Administration, Business, Pilots, Southwest, Max, FAA, Alaska Airlines Locations: Phoenix, Oakland, Dutch, Everett , Washington, Southwest
Apple just formed a bullish golden cross chart pattern
  + stars: | 2024-06-14 | by ( Alex Harring | ) www.cnbc.com   time to read: +1 min
The maker of iPhones and iPads has formed a "golden cross," a technical indicator signaling when a stock's moving average over the last 50 days rises above the same moving average tracking the last 200 days. It's the first time since March that Apple's 50-day moving average trades above its 200-day counterpart. Despite the outperformance, Apple shares have advanced less than 11% this year, underperforming both the broad S & P 500 and technology-heavy Nasdaq Composite . While the golden cross can indicate upside momentum, Wall Street expects a correction ahead. AAPL 5D mountain Apple, 5-day Correction: A previous version misstated when Apple's previous golden cross pattern took place.
Persons: Siri, LSEG Organizations: Apple, Apple Intelligence, Nasdaq Locations: Silicon Valley
After the revelation in April that 23 elite Chinese swimmers had tested positive for a banned substance months before the last Summer Olympic Games, China and the global antidoping authority vigorously defended their decisions to allow them to compete in the Games in 2021. The swimmers, they insisted, had not been doping. In both instances, China claimed that the swimmers had unwittingly ingested the banned substances, an explanation viewed with considerable skepticism by some antidoping experts. The three Chinese athletes revealed to have tested positive earlier, in 2016 and 2017, were no ordinary swimmers: Two would go on to win gold medals at the Tokyo Olympic Games in 2021, and the third is now a world-record holder. All three are expected to contend for medals again at the Paris Games in July.
Organizations: Games, The New York Times, Doping Agency, Tokyo Olympic Games, Paris Games Locations: China
They love to customize their food, they're suckers for a menu hack, and they crave spicy dishes, restaurant executives and experts say. Menu hacks fly on social mediaGen Zers are more inclined to try out menu hacks, creating new dishes using items already available on the menu. AdvertisementAt Caribou Coffee, younger customers — Gen Alpha, Gen Zers, and younger millennials — are most likely to modify their drinks, CMO Erin Newkirk told BI. They crave spicy foodGen Zers are big fans of spicy food, executives previously told BI. In a 2022 poll by Morning Consult , US Gen Z respondents listed chicken as their second-favorite food overall, behind only pizza.
Persons: , Gen, Taylor Swift, Zers, They're, Joe Labombardo, It's, Alessandro Biascioli, Lizzy Freier, Tom Boland, he'd, Boland, Piper Sandler, Justin Sullivan, Labombardo, Gen Z, Alpha, Gen Zers, millennials, Erin Newkirk, Andy Rebhun, Kuttig, Gen Zs, pao, it's, Liang Lim, Cane's, Joe's, Z, they're, Caribou's Newkirk Organizations: Service, Business, Higher, Getty, Bojangles, Coffee, El Pollo, Morning, Piper, Foods Locations: Chipotle, Nashville
El Niño Is Over. What Does That Mean for Summer?
  + stars: | 2024-06-14 | by ( Austyn Gaffney | ) www.nytimes.com   time to read: +1 min
El Niño, the natural climate pattern linked to warmer conditions in the tropical Pacific Ocean, has ended, the National Oceanic and Atmospheric Administration announced on Thursday. The counterpart pattern known as La Niña, defined by cooler equatorial sea surface temperatures, is expected to develop soon. A strong El Niño has cycled through the atmosphere since last June, leading to a wetter than normal winter, especially in the Southeast and in California, where a mind-boggling 51 atmospheric rivers dumped rain and snow. That’s because, while El Niño conditions can rip apart storms that develop in the Atlantic Basin, hurricanes and tropical cyclones are more likely to form under La Niña. Calm conditions produced by La Niña combined with warm ocean temperatures will intensify the activity likely to occur during hurricane season.
Persons: El Niño, La Niña Organizations: National Oceanic, Atmospheric Administration, La Locations: California, El
Hong Kong CNN —China is grappling with extreme weather as severe drought and record temperatures scorch the north while heavy rains inundate the south, raising concerns about food security in the world’s second-largest economy. Areas of the country that produce a lot of rice and wheat have been badly affected, disrupting spring and summer planting seasons. The China Meteorological Administration (CMA) said on Wednesday that 28 regional weather stations broke their respective records for the highest temperature ever recorded in mid June. Meanwhile, southern parts of the country, the top rice growing region, have been grappling with weeks of downpours. These rains appear to be related to a seasonal monsoon pattern that can lead to intense showers over short periods.
Persons: Yang Wentao Organizations: Hong Kong CNN, Agriculture, CCTV, China Meteorological Administration, National Climate Center, Ministry of Agriculture, CMA, Flood, Drought Locations: China, Hong Kong, Henan, Shandong, Fenyang, Shanxi, Zhejiang, Fujian, Jiangxi, Hunan, Guangxi, Guizhou,
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