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NBA rights proved to be a hotter commodity than many expected — seemingly including WBD CEO David Zaslav. The Charter deal is a coup for WBDWall Street has had little confidence in Zaslav and company lately. AdvertisementAfter the news that WBD had done just that with Charter, Greenfield heaped praise on WBD. As great as WBD's deal with Charter may be, Greenfield doesn't believe Zaslav is out of the woods. If Zaslav surprises the Street again with his Comcast deal, his company may have better days ahead.
Persons: , David Zaslav, NBCU, WBD's, Max —, WBD, Rich Greenfield, LightShed, Greenfield, Turner, Craig Moffett, MoffettNathanson, Moffett, Zaslav, Brian Roberts, Matt Belloni, Greenfield doesn't, Comcast's NBCU, Charter's, Venu, Brandon Ross Organizations: Service, Warner, NBA, Business, TNT, HGTV, Food Network, Comcast, DirecTV, Warner Bros, WBD, Charter, NBC Universal, Zaslav, Puck News, , Disney Locations: Zaslav
AdvertisementCharter will end up paying WBD for the right to give away Max with ads (as well as Discovery+, WBD's much-less-popular streamer), which sells for $10 a month. So WBD isn't exactly giving Max away. But by making a version of Max free to millions of Charter subscribers, WBD is basically inviting existing Charter/Max subscribers to trade down. But this time around, LightShed analyst Rich Greenfield calls the deal a "victory" for WBD, given the weakened position of its cable channels. Related stories"Nobody had faith in Zaslav/WBD to get a Charter deal done, especially a deal that was not even up for an entire year," he writes.
Persons: , WBD, Max, there's, Warner, Rich Greenfield, Nobody, Greenfield, John Malone, Malone, David Zaslav, Goldman Sachs, He'll Organizations: Service, Warner, TNT, NBA, Business, HBO, Charter, Disney, ESPN, Analysts, Comcast, DirecTV Locations: Zaslav, DirectTV's
The United States supports creating two permanent United Nations Security Council seats for African states and one seat to be rotated among small island developing states, U.S. The United States supports creating two permanent United Nations Security Council seats for African states and one seat to be rotated among small island developing states, U.S. Developing nations have long demanded permanent seats on the Security Council, the most powerful body in the United Nations. The 193-member U.N. General Assembly has annually discussed reform of the Security Council for more than a decade. Each year the General Assembly elects five new members from different geographical groups for two-year terms on the Security Council.
Persons: Linda Thomas, Greenfield, Joe Biden's, Antonio Guterres, Guterres, U.N, Thomas Organizations: United, United Nations Security, Pacific, Security, Security Council, United Nations, Council, Foreign Relations, Thomas, Reuters, General, General Assembly, Washington Locations: United States, U.S, Africa, Gaza, Thomas, India, Japan, Germany, United, New York, Washington, Russia, China, France, Britain, U.N, Ukraine
They really just want to disintermediate all of pay TV and drive everyone to themselves. Fresh off a vicarious victory over Disney, Thun is still looking for revenge. For DirecTV, it's skinny bundles or bustDirecTV believes these strict bundling requirements are to blame for putting pay TV on life support. Disney is "completely responsible" for the fall of pay TV, Pachter said, "because they think the only direction that retransmission fees should go is up." Without skinny bundles, pay TV is 'going to die'If skinnier bundles can't solve pay TV's woes, it's unclear what could.
Persons: , Venu Sports, Venu, Rob Thun, Thun, Venu didn't, DirecTV's, Geo, They've, Venu wouldn't, Margaret Garnett, I'm, Michael Pachter, he'd, Pachter, Brian Wieser, Puck's John Ourand, Rich Greenfield, Greenfield, — we're, Wieser Organizations: Service, Disney, Fox, Warner Bros ., DirecTV, Business, ESPN, balk, YouTube, Wedbush Securities, Madison, Cable, Paramount, LightShed Partners, Charter Locations: Thun, Wall
One host previously told BI he was charging $400. Travel experts say hosts have a lot to answer for in Airbnb's downfall. "Airbnb essentially allows anyone to sign up to be a host, which will always prove to be problematic," she told BI. Duncan Greenfield-Turk, the chief travel designer at Global Travel Moments, told BI that hosts had "without a doubt" played a big part in Airbnb's unpopularity. Hotels are making the most of the backlash by offering more personalized services and often matching or undercutting Airbnb prices.
Persons: , Michael Rozenblit, Maggie, Rozenblit, Airbnb, overtourism, it's, Grace Moser, Moser, Jessica Dante, Dante, Orleans Airbnb, Taylor, Duncan Greenfield, Greenfield, Turk Organizations: Service, Business, Travelers, Love, Turk Locations: Barcelona, Athens, London, Orleans, Greenfield, Airbnb
Indian billionaire Karan Adani announced plans to challenge Chinese dominance in global seaports. Adani Ports has received "in-principle" approval for a $2 billion project in Da Nang, Vietnam. Adani Group has plans for ports in the Middle East, Africa, and Southeast Asia, Bloomberg said. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Karan Adani, , Karan Organizations: Ports, Adani, Bloomberg, Service, Business Locations: Da Nang, Vietnam, East, Africa, Southeast Asia, India
A Trip Into Tornado Alley With America’s Most Obsessive Storm ChaserOn a clear morning in late May, Reed Timmer began the day at home in Lexington, Okla., studying the latest update from the National Weather Service’s storm-prediction center. A month into his freshman year, he went storm chasing, and saw his first tornado. He went on to begin his Ph.D. studies, but the allure of storm chasing waylaid his academic career. Timmer insists that chasing tornadoes is safe, though others’ experience suggests a different conclusion. In 2013, while he was pursuing the El Reno tornado in Oklahoma, four other chasers died in the storm.
Persons: Reed Timmer, Timmer, Edgar ONeal, It’s, ” Timmer, , Bill Paxton, Helen Hunt, Mark L, Smith, Timmer —, Gizmo —, Glen Powell, , Reed, ” Smith, ” “ Reed, Bill Gallus, Kan Organizations: University of Oklahoma, , Chevy Tahoe, Hollywood, Universal Pictures, Warner Brothers, Iowa State University, El, National Weather Service, Subaru Forester, Subaru Locations: Lexington, Okla, Kansas, Texas, America, Chickasaw, Wichita Falls, Windthorst, Oklahoma City, Yorkshire, Timmer, Lawrence, El Reno, Oklahoma, United States, Greenfield , Iowa
Bloom Energy is an up-and-coming artificial intelligence play, according to Morgan Stanley. Analyst Andrew Percoco reiterated his overweight rating on San Jose-based Bloom Energy after it announced a strategic partnership on Tuesday with Nvidia-backed GPU cloud provider CoreWeave. Under the agreement, Bloom Energy will deploy its solid oxide fuel cells to generate power for CoreWeave's data center in Illinois. The analyst's $22 price target implies shares of Bloom Energy can jump nearly 44% from its latest closing price. Bloom Energy and e-commerce giant Amazon last week entered into an agreement with Silicon Valley Power to deploy 20 megawatts of fuel cells for an Amazon data center, Percoco noted.
Persons: Morgan Stanley, Andrew Percoco, Percoco, Bloom Organizations: Bloom Energy, Nvidia, BE, CoreWeave, Intel Locations: Jose, Illinois, Bloom, Santa Clara , California
That's basically the pitch the management of Warner Bros. Discovery is floating to investors today, via a story in the Financial Times: "A dramatic plan to split its digital streaming and studio businesses from its legacy television networks." And would the money from those declining networks be enough to service all that debt? Apple, most notably, inquired about buying HBO way back when its parent company was called Time Warner. If WBD can't split the company the way it's supposedly proposing now, it will end up selling off assets (maybe CNN?
Persons: That's, WBD, I've, hasn't, Pimple Popper, HBO hasn't, Jessica Reif Ehrlich, Rich Greenfield, you'll, it's, Time Warner, David Zaslav —, Donald Trump, he's, Zaslav Organizations: Service, Warner Bros, Financial, Business, HBO, Max, CNN, Netflix, Big Tech, Apple, Time, Sun, Paramount
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix subscriber growth signals companies have to 'spend on great content': LightShed's GreenfieldRich Greenfield, LightShed Partners, joins 'Fast Money' to talk Netflix earnings, the investor call and more.
Persons: LightShed's Greenfield Rich Greenfield Organizations: LightShed Partners, Netflix
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo one in legacy media has figured out how to 'navigate' its decline: LightShed's Rich GreenfieldHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Rich Greenfield, Brian Sullivan, Organizations: CNBC
The UN’s monitoring mission said it was likely that a KH-101 cruise missile launched by Russia struck the children’s hospital. The UN mission’s assessment matches analysis from weapons experts who told CNN that footage of the hospital strike is consistent with a cruise missile rather than a Ukrainian air defense missile. Always.”On Tuesday, Russia’s UN Ambassador Vassily Nebenzia reiterated Moscow’s denial that it had targeted the children’s hospital. “We have not bombed the children’s hospital,” Nebenzia said at a special meeting of the UN Security Council (UNSC) convened following the attack. “If this had been a Russian strike, there would have been nothing left of the building at all.
Persons: CNN —, Danielle Bell, Bell, ” Bell, General Antonio Guterres, Volker Turk, Joe Biden, Biden, Valentyna, Volodymyr Zelensky, , Vassily Nebenzia, ” Nebenzia, Linda Thomas, Greenfield, Putin, SBU, Vasyl Maliuk Organizations: CNN, United, NATO, UN, UN Security Council, UNSC, Kyiv, Ukrainian State Security Service Locations: Russian, United Nations, Russia, Kyiv, Ukrainian, Ukraine, Kyiv’s, Washington, United States
But he is definitely leaning on the idea that he's building a media company that is also a tech company. That's partly because David Ellison isn't a tech mogul. But this reminds me a bit of the 2015 era when digital publishers like BuzzFeed and Vox Media told investors they weren't media companies but tech companies that made media. The bigger problem with the tech + media pitch isn't that tech and media aren't intertwined. AdvertisementThe real problem that Paramount — and just about every other big media company — has these days isn't that its tech isn't good enough.
Persons: , David Ellison, Ellison, he's, David Ellison's, Larry Ellison —, We've, David Ellison isn't, Steve Jobs, Jobs, John Lasseter, it's, He's, Lasseter, That's, Rich Greenfield, It's Organizations: Service, Hollywood, Paramount, Media, Technology Enterprise, Business, Oracle, Apple, Pixar, Disney, Vox Media, Netflix, YouTube, Lightshed
And they were everywhere, although, naturally, New York City was a magnet, as it has always been for L.G.B.T.Q.+ people looking for a place in which they can be themselves. New York City was where you lost your soul, and we wanted to be closer to the earth. I wore an eight-and-a-half-foot-tall Statue of Liberty costume to the Easter Parade in New York City, and Kirsten came along with me. By the time I turned 30, I’d been telling people I was older for years, because I’m not the type to bemoan the loss of my youth. Going to New York felt like this moment of emerging to a wider audience, and then I started to travel a lot.
Persons: André De Shields, Lady Bunny, Michael R, Jackson, Juliana Huxtable, Wong, J.D, Samson, Pat Oleszko, it’s, , John Rechy, , Danez Smith, Trump, he’d, , Jenna Lyons, Avram Finkelstein, Joe Mantello, , Catherine Opie, you’re, Willie Norris, “ I’d, It’s, you’ve, ” — Mark Harris Read, De Shields, Justin French, Chuck Ashley, Anthony Cotsifas, William F, Robert O’Hara’s, Hermes, — Max Berlinger Jenna Lyons, Antonio Lopez, Jenna Lyons’s, Grace Jones ”, Juan Ramos, Antonio Lopez’s, Grace Jones, Tina Chow, Marisa Berenson, Pam Anderson, That’s, — Jason Chen Jayne County, Jayne County, Gus Stewart, Billy Idol, Wayne County, — M.B, Bill T, Jones, Arnie, Arnie Zane, Zane, Keith Haring, Lois Greenfield, Jack Mitchell, Peggy Jarrell Kaplan, Gertrude Stein, Alice B, we’d, Bill, Arnie ”, I’m, — Juan, Norris, Yael Malka, Tomas Abad, West, Black, I’d, — Colleen Hamilton B.D, New York’s Eugene, . Wong, David Henry Hwang’s, Richie, wasn’t, Wayne Barker, — John Wogan Edmund White, Edmund White, Horatio, Leonard Fink’s “, Barbara Confino, Leonard Fink, Joseph Rodriguez, Bleecker, You’d, Gosh, Michael Snyder Pat Oleszko, Chichi, Kirsten, who’d, she’d, — C.H, Brian Michael Smith, Gay, Smith, Kiki Ball, Josue Infante, Skyler Cruz, Jamison, — J.A.R, Agnes Denes’s “, Don Yowell, Finkelstein, Agnes Denes, Leslie Tonkonow, Don, Agnes Denes’s, JD Samson, Sia, Mark Hunter, Anthony Cotsifas I’d, Johanna Fateman, Tigre, Michael O’Neill, Obama, might’ve, — Kate Guadagnino Kristen Kish, Kish, Suzanne Kreiter, David Moir, Bravo, isn’t, — J.W, Stephen Spinella, Mantello, Joan Marcus, Photofest, Tony Kushner’s, Louis Ironson, Milton Glaser, he’s, David, Marshall Grant, Joe Pitt, Walter, Awards, Stephen, ” —, Freedia, Devon Hurst, Sissy Nobby, Barack Obama’s, Lyle Ashton Harris, Big, Bounce, ” — M.B, Thom Browne, Browne, Los Angeles’s Chateau Marmont, Malcolm Venville, Paul Fortune, Michèle Lamy —, — J.C, Catherine Opie’s “, Opie, Ian, Lehmann Maupin, Eileen Myles, Jenny Shimizu, I’ve, Nicole Acheampong Danez Smith, Juan Cordero, ” Womp, They’d, hookups, Who’s, We’ve, You’re, J.A.R, Linda Simpson, India, Little Louie Vega, who’s, — K.G, Alexander Chee, Alexander Chee’s, Marguerite Duras’s “, Jeongneung, King Jungjong, Eric McNatt, Chris Chee, — M.S, Sam Jay, Jay, Jonah, Kumail ”, hadn’t, K.G, Phillip Lim, Lim, Tourmaline, Sylvia Rivera, Luce Capco Lincoln, York’s, We’d, Marsha P, John Cameron Mitchell, Larry Kramer, Mitchell’s, Mitchell, Martha Swope, Billy Rose, Mark Tusk, ” Kramer’s, Larry, Ned Weeks, Ned, “ Hedwig, J.W, Joerg Lohse, Reena, there’s, Matt Bomer, Bomer, Simon Halls, Neal Caffrey, Tony Kushner, Terrence McNally —, — I’d, Hollywood, Wu Tsang, Neil Rasmus, Wildness, , Wildness ”, Roxane Gay, Mueller, Brandon Williams, Donna Gottschalk, Donna Gottschalk’s “, Duchess, Galerie Marcelle Alix, goddamn, Coco Romack Michael R, Aaron Kinney, Nova, “ I’m, Bob Damron’s, Sgt, Shirley, Waldorf, Harold’s, Jean ] Genet, Marcel, Proust Organizations: Pride, Stonewall, West, America’s, ACT UP, San, Playwrights Horizons, Odeon, New York’s TriBeCa, Electric, Getty, Police, Billy, New York Live Arts, Keith Haring Foundation, BAM Hamm, Liberation, Brooklyn Liberation, Brooklyn Museum, Fort, New York’s, New York’s Eugene O’Neill Theatre, Broadway, Equity, LGBT Community Center, Fulbright, Mudd, New, Bisexual, Transgender Community, Center, Transgender Community Center, , Maxwell, Museum School, Farmers, Seattle, Boston Globe, Travel, New York Times, Rancho Mirage, Gay, Caesar’s, FEMA, Yale, York’s Webster Hall, Masters, Records, Pyramid, Work, ACT, Carpenters, Seymour, Edinburgh, Atlanta —, Ninja, Huntington, New York, Lesbian, Equal, Billy Rose Theatre Division, The New York Public Library, The New York Times, USA, Children’s Hospital of Los, MoMA, Whitney Biennial, University of Nebraska, Alamy, HarperCollins, of Engineering, Google, Division, Astor, Tilden Foundations, Pershing, University of Southern, Pershing Square Locations: New York, Berlin, , America, San Francisco, Baltimore, New York’s, New York City, California, Atlanta, Europe, Wayne County, Dortmund, Germany, London, Amsterdam, Rotterdam, Rockland County, N.Y, , I’m, Brooklyn, West Dakota, Fort Greene, New, Leonard Fink’s “ Bars, Street, Rome, , Aspen, Colo, Copenhagen, Danish, Peru, Los Angeles, Agnes Denes’s “ Wheatfield, Downtown Manhattan, North Moore, TriBeCa, Hoboken, N.J, Lower Manhattan, Manhattan, Boston, Williamsburg , Brooklyn, Vinnie’s, Bedford, Austin , Texas, Copley, Menton, Asian American, York, New Orleans, Houston, Los Angeles’s, L.A, Hong Kong, Seoul, Casa, Koreatown, Minneapolis, Grindr, East, India, Wigstock, Tompkins, Vershire, Chee, Iowa, Huntington Beach, Chelsea, Barneys, Madison, Miami, New York State, Washington, The, LA, Silver Lake, Missouri, Children’s Hospital of Los Angeles, Zurich, Central, American, Westlake, Los Angeles and New York, Lincoln, Alphabet City , New York, Lenox, United States, University of Southern California, Downtown Los Angeles
CNBC Daily Open: Amazon enters $2 trillion club
  + stars: | 2024-06-27 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The yield on the 10-year Treasury rose as investors parse comments from Fed officials and await key inflation data due Friday. $2,000,000,000,000Amazon's market capitalization surpassed $2 trillion for the first time on Wednesday, joining the ranks of tech giants like Apple and Microsoft. YouTube dominanceAlphabet's YouTube, the pioneer of user-generated content, continues to dominate media consumption, now accounting for nearly 10% of all TV viewership in the U.S.
Persons: Annie Palmer, Elliott Management, Sanjay Mehrotra, Rich Greenfield, Piper Organizations: CNBC, Dow Jones, Nasdaq, Nvidia, Apple, Microsoft, Southwest Airlines, Delta, Micron, YouTube, Nielsen, Netflix, Media, Disney, Warner Bros Locations: Shein, U.S
But media companies such as Netflix, Disney and Warner Bros. Those competing truths have led media and entertainment companies to concoct a wide array of strategies to combat the growing threat. John Lamparski | Getty ImagesEarlier this year, YouTube Chief Executive Officer Neal Mohan announced that users watch more than 1 billion hours of YouTube content on TV screens each day. Disney has made bespoke YouTube content for its new preschool series "Disney Junior's Ariel," which debuts June 27, to introduce the mermaid character to kids. That's YouTube 2.0."
Persons: Rich Greenfield, it's, Tara Walpert Levy, Nielsen, John Lamparski, Neal Mohan, Michael Nathanson, Kevin Mayer, Disney, Brittany Broski, LightShed's Greenfield, isn't, John Keeble, Mayer, That's, Ariel, Winnie, " Mayer, NBCUniversal, NBCUniversal's, Nathanson, MrBeast, Jimmy Donaldson, Monica Schipper, we've, Broski, David Livingston, incentivizes, Michelle Khare, Gilbert Flores Organizations: Alphabet's YouTube, Hollywood, YouTube, it's, Netflix, Disney, Warner Bros, Getty, Google, Comcast, Media, ExCel, Entertainment, Bloomberg, Amazon, Nickelodeon, HBO, Penske Media Locations: U.S, , York, Hollywood, London, That's, Los Angeles, Brittany, Anaheim , California, AdSense
U.S. is closer to curbing investments in China's AI, tech sector
  + stars: | 2024-06-22 | by ( ) www.cnbc.com   time to read: +4 min
Public comments on the proposed rules will be accepted until Aug. 4. watch nowTreasury said the new rules were intended to implement "a narrow and targeted national security program" focused on certain outbound investments in countries of concern. Treasury had mapped out the contours of the proposed rules in August. Certain third-country transactions determined to be addressing national security concerns, or in which the third country adequately addressed the national security concerns, could also be exempted, Treasury said. "U.S. investors will need to engage in more extensive due diligence when making investments in China or investments involving Chinese companies that operate in the covered sectors," she said.
Persons: Joe Biden, Investment Security Paul Rosen, Laura Black, Akin Gump, Black, Treasury's Organizations: U.S . Treasury Department, Investment Security, Treasury, Treasury Department, U.S Locations: Europe, United States, Binzhou, East China's Shandong province, China, U.S, Macao, Hong Kong, Washington
A Massacre Threatens Darfur — AgainDarfur SUDAN El FasherA civil war is ripping apart Sudan, one of Africa’s largest countries. Yet a New York Times examination of satellite imagery and video from El Fasher make one thing clear:The assault is intensifying. DARFUR R.S.F. Whole neighborhoods were razed, similar to the destruction in parts of southern and eastern El Fasher in recent months. “The videos from El Fasher could become critical evidence in future trials for crimes in Darfur.”
Persons: Sudan’s, Al Salam, Abu Shoak, El Fasher Al Salam, Abu, Mohamed Zakaria, Thomas van Linge, , Mellit, El Fasher, , El, El Geneina, Janjaweed, Linda Thomas, Greenfield, Ali Yagoub Gibril, Al Zeer Salem, Fasher, Matthew Gillett, , ” Mr, Gillett Organizations: Fighters, Rapid Support Forces, . Security, New York, El, Sudanese, Al Salam Camp, Camp, Reuters Fighters, Yale, Research, , Times, Centre, Information Resilience, Mellit El, Support Forces, Google, , Islamic Relief, United Nations, The Times, U.S . Treasury, Broadcasting, University of Essex Locations: Darfur, SUDAN El Fasher, Sudan, El, DARFUR, El Fasher, East Darfur, Sudan’s, Chad, El Geneina, American, Spain, Central Darfur
In passing the resolution, the Council delivered a diplomatic victory to Washington, which had vetoed three previous cease-fire resolutions before the Council. Video transcript Back bars 0:00 / 0:43 - 0:00 transcript United Nations Security Council Backs Gaza Cease-Fire Resolution Fourteen of the 15 members on the U.N. Security Council, with Russia abstaining, voted in favor of adopting a proposal calling for a permanent cease-fire in Gaza. The draft resolution has been adopted as resolution 2735.” “Colleagues, the cease-fire deal would pave the way toward an enduring cessation of hostilities and a better future for all. Russia and China and Algeria, the only Arab member of the Security Council, had said in back-channel negotiations that the text appeared too lopsided in favor of Israel. Ever since the war started eight months ago, the Security Council has been in a deadlock over finding a way to end the conflict and fulfill its mandate to uphold international peace and stability.
Persons: , Linda Thomas, Greenfield, Thomas, Israel, , ” “, Biden, There’s, Michael M, Reut Shapir Ben, Naftaly, Ms, Shapir Ben, Vasily Nebenzya, Nebenzya, Nate Evans, Evans, “ Israel, Marko Djurica, Benjamin Netanyahu, Fu Cong Organizations: . Security, United Nations, United Nations Security, Hamas, Credit, U.S, ., Reuters, ” Diplomats, States, Security, Security Council, United Locations: U.S, Gaza, Russia, Washington, United States, Qatar, Egypt, Israel, Russian, Tel Aviv, China, Algeria
Even last month, less than an hour after Biden unveiled his proposal, Netanyahu insisted Israel would not end the war until Hamas is defeated. But detailed negotiations to implement its provisions are yet to yield agreement from both Israel and Hamas. The ambassador also said the deal “rejects any geographical changes” in Gaza and reiterates the commitment for a two-state solution. Blinken arrived in Israel on Monday, following the resignation of Benny Gantz from the Israeli war cabinet on Sunday. More than 37,000 people have been killed in Gaza since the war began, according to the Ministry of Health in Gaza.
Persons: Reut Shapir Ben, Naftaly, , , Joe Biden, Israel, Benjamin Netanyahu, Biden, Netanyahu, Linda Thomas, Greenfield, , Riyad Mansour, West Bank –, Antony Blinken, Blinken, Yoav Gallant, Benny Gantz Organizations: CNN, Israel, Hamas, United Nations Security, UN, UNSC, Monday’s, Russia, United, Palestinian UN, Palestinian Authority, West Bank, Department, Israeli, Ministry of Health Locations: Gaza, Israel, Hamas, Palestinian, United States, Egypt, Qatar, Greenfield, Jerusalem
Eyad Baba | Afp | Getty ImagesThe United Nations Security Council passed a U.S.-drafted cease-fire deal aimed at halting eight months of bloody fighting between Israel and Hamas in Gaza. In March, China and Russia vetoed a Gaza cease-fire resolution, saying it would give Israel a green light to attack the city of Rafah. "Israel has accepted this proposal and the Security Council has an opportunity to speak with one voice and call on Hamas to do the same," he said. Hamas, on the other hand, said in a statement, in part, that it "welcomes what was included in and confirmed by the Security Council resolution regarding a permanent ceasefire in Gaza." Right around the time the Security Council began voting Monday, Secretary of State Antony Blinken landed in Israel to, among other things, meet with retired Gen. Benny Gantz.
Persons: Eyad Baba, Joe Biden, Linda Thomas, Biden, Israel, Nate Evans, Benjamin Netanyahu's, Yahya Sinwar, Antony Blinken, Benny Gantz Organizations: Israeli Special Forces, Hamas, Afp, Getty, United Nations Security, U.S, Security Council, Biden, NBC, Sunday, Security Locations: Gaza, Israel, U.S, France, Britain, China, Russia, Greenfield, Rafah, Qatar, Egypt
The United Nations Security Council on Monday adopted a U.S.-backed cease-fire plan for the Gaza Strip with only Russia abstaining, a sign of the growing frustration among the world’s major powers over the war and the desire to bring it to an end. Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, told members of the Security Council that Israel had already agreed to the deal laid out in the resolution — although Israel has so far resisted taking a public position on it — and she urged Hamas “to do the same.”“Hamas can now see that the international community is united, united behind a deal that will save lives and help Palestinian civilians in Gaza start to rebuild and heal,” Ms. Thomas-Greenfield said. The 14-0 vote may strengthen the hand of Secretary of State Antony J. Blinken, who returned to the Middle East on Monday to press Hamas and Israel to agree to a cease-fire.
Persons: Linda Thomas, Greenfield, Israel, , , Ms, Thomas, Antony J, Blinken Organizations: United Nations Security, United Nations, Security Council Locations: U.S, Gaza, Russia, Israel
Ambassador Linda Thomas-Greenfield and other members of the United Nations Security Council voted on the resolution. The U.N. Security Council on Monday adopted a U.S.-backed cease-fire plan for the Gaza Strip after Russia opted not to block it, adding extra heft to a growing international push for an end to the fighting. In passing the resolution, the Council delivered a diplomatic victory to Washington, which had vetoed three previous cease-fire resolutions before the Council. Russia and China and Algeria, the only Arab member of the Security Council, had said in back-channel negotiations that the text appeared too lopsided in favor of Israel. Ever since the war started eight months ago, the Security Council has been in a deadlock over finding a way to end the conflict and fulfill its mandate to uphold international peace and stability.
Persons: Linda Thomas, Greenfield, , Thomas, Israel, , Reut Shapir Ben, Naftaly, Ms, Shapir Ben, Vasily Nebenzya, Nebenzya, Biden, Nate Evans, Evans, “ Israel, Marko Djurica, Benjamin Netanyahu, Fu Cong Organizations: United Nations Security, . Security, United Nations, U.S, ., Reuters, ” Diplomats, States, Security, Security Council, United Locations: U.S, Gaza, Russia, Washington, United States, Qatar, Egypt, Russian, Israel, Tel Aviv, China, Algeria
Chinese companies like social media giant TikTok and IT giant Lenovo are already globally competitive behemoths with compelling products. Admittedly, it's not a new move for Chinese companies to invest outside of China. Related storiesThis means Chinese companies will set up facilities overseas under their own brand or subsidiaries. In 2022, the German government blocked Chinese companies from taking stakes in two German chip companies, citing national security concerns and concerns over technology transfer. But even in today's complex geopolitical environment, Chinese companies are expected to continue venturing away from home, per EY.
Persons: , Chris Pereira, it's, It's, Pereira, Loletta Chow Organizations: Service, Lenovo, Chery, Business, Intelligence, EV, US, EY, EY China Overseas Investment Network, & $ Locations: China, New York, Asia, New York City, Swiss, Southeast Asia, Europe, Africa, America, Qatar, Spain, Norway, EY China
May 22 — Nancy Stringer survived the tornado with her grandsons in the basement of her home in Greenfield, Iowa. Tim Gruber for The New York Times
Persons: Nancy Stringer, Tim Gruber Organizations: The New York Locations: Greenfield , Iowa
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