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☆ Putin may need arms from North Korea’s Kim for Ukraine war, but what is he willing to give in return?
▼ + stars: | 2024-06-18 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

North Korea launched its first spy satellite, the Malligyong-1, in November. The arrangement may also enable North Korea to gain real-world intel on the functioning of its weaponry and help it ramp up exports more broadly. Such satellites can help North Korea improve its ground-based military capabilities, for example enabling it to more accurately target opponents’ forces with its own missiles. Both countries in recent years have blocked movement in the council related to North Korea as they grew skeptical of US-backed sanctions. He pointed to his experiences during the former US President Barack Obama administration working on nonproliferation efforts related to North Korea and Iran.

Persons: Vladimir Putin, Putin ramped, Kim Jong, Putin, ”, Edward Howell, Xi Jinping, Kim, ” Putin, “ Kim Jong, he’ll, Ankit, Sofiia Gatilova, Putin –, “ Putin, –, John Erath, Erath, Xi, it’s, Michael McFaul, Barack Obama, ” McFaul, … we’re Organizations: Hong Kong CNN, University of Oxford, KCNA, intel, South, United Nations, North, Carnegie Endowment, International Peace, Kremlin, UN Security Council, Center for Arms Control, Observers, UN, National Security, Center for Strategic, International Studies Locations: Hong Kong, North Korea, Ukraine, Russia, Pyongyang, Moscow, Eurasia, United Kingdom, United States, Italy, South Korea, Japan, Seoul, Washington, North Korean, Korea, Russian, Kharkiv, Kyiv, China, Iran

CNN —Two fast-growing fires are tearing across a southern New Mexico tribal reservation and converging on a village “like a pair of tongs,” prompting thousands of residents to evacuate, officials say. An estimated 5,000 residents were ordered to evacuate the village area due to the approaching South Fork Fire, New Mexico Forestry spokesperson George Ducker told CNN. A second blaze, the Salt Fire, is also burning on tribal land south of Ruidoso and has scorched 2,000 acres. The South Fork Fire has burned more than 5,000 acres and is zero percent contained, according to an overnight update from the New Mexico Forestry Division. Both fires are acting like “a pair of tongs, and Ruidoso is in the middle,” Ducker said.

Persons: George Ducker, Ducker, ” Ducker, Jesus Figueroa, Ruidoso, Rebecca Dennis, ” Dennis, Roswell –, Ruidoso –, ” PNM, CNN’s Melissa Alonso, Dave Alsup, Amanda Jackson, Robert Shackelford Organizations: CNN, New Mexico Forestry, Mescalero Apache, New, New Mexico Forestry Division, New Mexico State Police, Facebook, Apache Summit, Eastern New Mexico University, New Mexico State Fairgrounds, Storm, US Drought Monitor Locations: New Mexico, Ruidoso, Snow, Whitetail, Chihuahua, Lane, Summit, Los Angeles County, Northern California’s Sonoma County, Oklahoma, Sudderth, Roswell, lockstep, Lincoln County

☆ From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
▼ + stars: | 2024-06-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +14 min

This week, a judge signed off on Do Kwon and his bankrupt Terraform Labs settling with the U.S. Securities and Exchange Commission for $4.5 billion. This comes after a jury unanimously found Kwon and his company liable for securities fraud following less than two hours of deliberation. But investors piled in anyway, giving luna and UST a combined market value of almost $40 billion at one point. Terraform and Kwon fought our efforts to investigate – taking a fight over investigative subpoenas all the way to the Supreme Court. They are Caroline Ellison, the Alameda Research CEO who at one time dated Bankman-Fried; FTX engineering chief Nishad Singh; and Gary Wang, the co-founder and chief technology officer of FTX.

Persons: Kwon, Woohae Cho, Sam Bankman, Changpeng Zhao, Luna, atoning, Alex Mashinsky, Wall, Stevo Vasiljevic, Reuters Kwon, He's, Satoshi Nakamoto, Elon Musk, Mike Novogratz, Gary Gensler, –, Fried, Fatih Aktas, Lewis Kaplan, Kaplan, Bankman, convicting, Prosecutors, Ryan Salame, Caroline Ellison, Nishad Singh, Gary Wang, FTX, Jason Redmond, Zhao, Richard Jones, …, Binance, Justin Sullivan Organizations: Terraform Labs, Bloomberg, Getty, U.S, Forbes, Arrows Capital, Voyager, U.S . Securities, Exchange Commission, Labs, U.S . Justice Department, Futures Trading Commission, Treasury Department, bitcoin, BlackRock, Fidelity, Reuters, terraUSD, UST, Traders, Twitter, SEC, Supreme, Anadolu Agency, Alameda Research, ., Republicans, Bankman, AFP, of Prisons, District, Bank, DOJ, CFTC, Treasury, Binance, New, Commercial Bank Locations: U.S, Balkans, Podgorica, Montenegro, Singapore, Dubai, Serbia, Balkan, South Korea, United States, lockstep, New York, Manhattan, Seattle, Lompoc , California, Binance

☆ A famed economist who called the 2008 recession shares 3 ways stocks resemble some of the biggest bubbles in history — and warns 2 'bona fide' recession signals showed up in May's jobs data
▼ + stars: | 2024-06-15 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Investors are currently reveling in the 'better', as an ongoing eight-month melt-up once again pushed the S&P 500 to fresh highs this week. But sooner or later, the 'worse' will come, warns David Rosenberg, the founder of Rosenberg Research, who famously called the 2008 recession while working as Merrill Lynch's chief economist. AdvertisementAnother sign the market is out over its skis is the performance divergence between the market cap-weight and the equal-weighted S&P 500 indexes. On June 12, the Dow underperformed the S&P 500 by 0.94%, one of only 71 trading days since 1982 where that's happened, according to Rosenberg's technical analysis consultant, Walter Murphy. AdvertisementIn addition to concerning market technicals, fundamentals could also be in a troubling place in the form of labor market weakness, Rosenberg said.

Persons: —, David Rosenberg, Merrill Lynch's, Rosenberg, Bob Farrell, Walter Murphy, Murphy, — Rosenberg, it's, Louis Fed, Piper Sandler Organizations: Service, Rosenberg Research, Business, Tech, Dow Jones, Dow, Nvidia, Microsoft, Apple, Federal Locations: lockstep

☆ The scary secret behind the boom in data centers
▼ + stars: | 2024-06-04 | by ( Adam Rogers | ) www.businessinsider.com time to read: +10 min

Last year all the data centers in the world had room for 10.1 zettabytes of information — roughly 456 billion Wikipedias. And with the rise of artificial intelligence, which requires vast quantities of data and power, the global capacity of data centers is expected to double by 2027. Data centers are more than just vast digital warehouses. The more data centers those companies have, the more of those services they can offer, and the more storage and number-crunching capacity they can provide. Over time, economists warn, AI startups will inevitably lose out to the tech giants that control the data centers.

Persons: they're, Cecilia Rikap, Matthew Wansley, Jonas Jacobi, Jacobi, It's, Rikap, Bengt, Åke, There's, Lina Khan, Today's, Adam Rogers Organizations: Google, Microsoft, Amazon Web Services, Big Tech, Corporate, Regulators, Yeshiva University, Amazon, Venture, Aalborg University, Tech, Google Cloud, Federal Trade Commission, Business Locations: OpenAI, Hotel California, Denmark, Europe, lockstep

☆ House Speaker Mike Johnson says Trump right on trade and immigration, but won't commit to policy
▼ + stars: | 2024-06-04 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But as the speaker of the House and the leader of my party in the Congress, I'm going to be very careful about what I commit to on the front end." But I certainly have great respect for what President Trump did," Johnson said during the CNBC appearance. But on immigration, another top issue for Trump, Johnson again pushed back against committing to policy. I mean, I think that's right. Because of redistricting and gerrymandering, we're probably going to have small majorities on one side or the other for the foreseeable future.

Persons: Mike Johnson, Donald Trump, CNBC's Eamon Javers, Johnson, I'm, reflexively, Trump, Joe Biden, Javers, Jay Powell Johnson, Jerome Powell, Powell, they're, It's, we're, who's Organizations: CNBC, Summit, Washington , D.C, Trump, Reagan Republican, Federal Reserve, Capitol, Republican, Committee, Biden Locations: Manhattan, New York, Washington ,, lockstep, China, .

☆ 4 signs your partner is more emotionally intelligent than most: ‘They’re happy to let you be you’
▼ + stars: | 2024-05-22 | by ( Kandi Wiens | In Kandi-Wiens-Edd | ) www.cnbc.com time to read: +4 min

As a researcher who studies emotional intelligence, resilience and burnout, I know that it takes emotionally intelligent people to communicate effectively and sustain a healthy, respectful and mutually supportive connection. So it tracks that you'd want to keep an eye out for emotional intelligence in a romantic partner. They can engage in healthy conflict with youNavigating inevitable moments of conflict with emotional intelligence means that you and your partner don't avoid them. A partner who engages in healthy conflict isn't conflict-averse or passive-aggressive. Knowing how to self-soothe after an upsetting experience is an essential component of emotional regulation and healthy relationships.

Persons: Long, —, they've, unaddressed, it's Organizations: Research

☆ When Nvidia shares rise — these 4 global stocks have tended to rise too, according to recent history
▼ + stars: | 2024-05-09 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Four stocks in the Stoxx Europe 600 index tend to rise alongside Nvidia shares, according to an analysis of share price data by CNBC Pro . The European stocks are also semiconductor focused companies: ASML, VAT Group, ASM International , and BE Semiconductor Industries . The share price performances of these technology stocks were highly correlated to Nvidia's over the past year. However, unlike the AI chip giant's 210% share price increase over the past 12 months, these stocks rose relatively moderately between 40% and 85%. A correlation of zero would indicate no statistical link between the chip maker's stock and the share price of the four companies.

Organizations: Nvidia, CNBC Pro, ASM International, BE Semiconductor Industries, Group, BE Semiconductors, CNBC Locations: Europe, U.S, Germany, lockstep, Netherlands, Swiss

☆ How I found support in my journey through grief
▼ + stars: | 2024-05-07 | by ( Emily Halnon | Personal Essay | ) edition.cnn.com time to read: +9 min

Editor’s note: Runner and writer Emily Halnon’s new book, “To the Gorge: Running, Grief, and Resilience & 460 Miles on the Pacific Crest Trail,” was released on May 7. CNN —When my mom died, I spent a lot of time trying to stuff away my grief. My mother felt the weight of cancer, but she insisted on continuing to live in her wholehearted way. I was worried the Pacific Crest Trail run would be too much. But as I kept training, I discovered that running was one of the best places to process my grief.

Persons: Emily Halnon’s, “, Miles, ”, I’d, didn’t, She’d, that’d, you’ll Organizations: CNN, Pegasus Locations: Eugene , Oregon, Oregon, Vermont, Eugene, Salt Lake City, Willamette, Griefville

☆ Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
▼ + stars: | 2024-05-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

In a letter to staff, McCarthy said the company needed to implement layoffs because it wouldn't be able to generate sustainable free cash flow with its current cost structure. "Achieving positive [free cash flow] makes Peloton a more attractive borrower, which is important as the company turns its attention to the necessary task of successfully refinancing its debt," McCarthy said in the memo. McCarthy had also expected Peloton to reach positive free cash flow by June — a goal the company said it reached early during its third quarter. In a letter to shareholders, Peloton said it generated $8.6 million in free cash flow but it's unclear how sustainable that number is. The company didn't provide specific guidance on what investors can expect with free cash flow in the quarters ahead but said it does expect to "deliver modest positive free cash flow" in its current quarter.

Persons: Barry McCarthy, McCarthy, Karen Boone, Chris Bruzzo, Jay Hoag, It's, John Foley, hasn't, Goldman Sachs, Boone, Barry, Bruzzo, —, hadn't, Creditsafe, it's, Foley Organizations: Interactive, Allen & Company Sun Valley Conference, Spotify, Netflix, JPMorgan, LSEG, outperformance, CNBC Locations: Sun Valley , Idaho, lockstep

☆ When Tesla shares rise — these 7 stocks have tended to rise too, according to recent history
▼ + stars: | 2024-04-24 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Seven stocks in the S & P 500 tend to rise alongside Tesla shares, according to an analysis of recent data by CNBC Pro . The share price performances of these S & P 500 stocks were highly correlated to Tesla's last month. However, unlike Tesla's more than 30% plunge this year, these stocks have either remained flat or have relatively modest negative returns. A correlation of zero would indicate no statistical link between the EV automaker's stock and the share price of the seven companies. The consensus upside potential for the stocks listed above was derived from FactSet's poll of analysts covering each stock.

Persons: Elon Musk, weathers, — CNBC's Lora Kolodny Organizations: CNBC Pro, Juniper Networks, Seagate Technology, Tyler Technologies, Regeneron Pharmaceuticals, Vertex Pharmaceuticals, IDEXX Laboratories, EV, CNBC Locations: U.S, lockstep

☆ Remember that Versace dress Jennifer Garner wore in ‘13 Going on 30"?
▼ + stars: | 2024-04-23 | by ( Marie Lodi | ) edition.cnn.com time to read: +8 min

DeSanto accessorized the dress with colorful Swarovski crystal jewelry by Tarina Tarantino, including a blue butterfly statement necklace. Columbia Pictures/Everett CollectionDecades later, the dress has become a beloved artifact for nostalgic rom-com fans and modern fashion enthusiasts alike. “(Garner) put it on, we got her all dolled up, she went to dance, and we moved on,” she said. DeSanto also credits director Gary Winick, who died in 2011, for the film’s fashion sense. As DeSanto points out, “13 Going on 30” is a story about a young woman coming into herself — and how, more than anything, it’s important just to be yourself.

Persons: —, Jenna Rink, Gilson nightgown, baguette, Susie DeSanto, Jennifer Garner, Miu Miu, Prada, Ralph Lauren, Roberto Cavalli, Versace, ” DeSanto, “ I’d, Giovanni Giannoni, Jenna, partygoers, Michael Jackson’s, — Versace, DeSanto, Tarina Tarantino, Tarantino, Marc Jacobs’s, — she’s, ”, “ It’s, Betsey Johnson tutus, Christa B, Allen, Ariana Grande, wasn’t, weren’t, “, Garner, Stella McCartney, Alberta Ferretti, Mark Ruffalo, Jen, we’re, I’ve, Gary Winick, Gary, ” Winick, Mark Ruffalo’s Organizations: CNN, Fairchild, Penske Media, Columbia Pictures, Everett Locations: Manhattan, lockstep, Barney’s, Italy, Etsy, Alberta, “, New York

☆ This classic hedge-fund strategy returned 22% in 2022 when stocks got crushed. Here are 4 ETFs that offer exposure to the portfolio hedging method — including 2 that are up 13% in 2024 alone.
▼ + stars: | 2024-04-21 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

It's called a managed futures strategy. That's according to iM Global Partner, which has the largest exchange-traded fund — iMGP DBi Managed Futures Strategy ETF (DBMF) — that copies the strategy. Meanwhile, a managed futures strategy, with its short-term approach across stocks, bonds, commodities, and currencies, is generally uncorrelated to longer-term bond and stock market performance. From January to October 14, 2022, for example, the Credit Suisse Managed Futures Strategy (CSAIX) was up around 26%. iMGP DBi Managed Futures Strategy ETF (DBMF)January-October 14, 2022 returns: 33.9%2024 year-to-date returns: 13.1%Assets under management: $988 millionFirst Trust Managed Futures Strategy Fund (FMF)January-October 14, 2022 returns: 15.7%2024 year-to-date returns: 7.3%Assets under management: $144 millionKFA Mount Lucas Managed Futures Index Strategy ETF (KMLM)January-October 14, 2022 returns: 50%2024 year-to-date returns: 8.8%Assets under management: $284 millionSimplify Managed Futures Strategy ETF (CTA)

Persons: It's, —, Andrew Beer, Seth Klarman's, Beer, we've Organizations: Global, Business, Treasury Bond ETF, Credit Suisse, Morningstar, Lucas Locations: DBMF, lockstep, VettaFi

Their friendship was tested in 2017 when then President Trump supported a blockade of Qatar led by Saudi Arabia and the United Arab Emirates. Before the Oct. 7 attack, the Saudis were in serious talks, led by the United States, to recognize Israel. 8 of 12 Israel has a major incentive to strengthen relations with Saudi Arabia. Saudi Arabia, for its part, would benefit from direct access to the Israeli military and technology sector. In March 2023, China brokered a breakthrough, re-establishing ties between two of the region’s heavyweights, Iran and Saudi Arabia.

Persons: Benjamin Netanyahu, brandished, Jake Sullivan, —, frenemies, Israel, Netanyahu’s, Trump, Biden, Saudi Crown Prince Mohammed bin, Prince Mohammed, Bashar al, Assad, Saddam Hussein, Jordan —, hesitantly, Abraham Organizations: of Friends, General Assembly, U.S, America, Hamas, United, United Arab Emirates, Saudi Crown, Arab League, Saudi Arabia, Red Sea, Iranian, Abraham Accords, United Arab, Palestine Liberation Organization, West Bank, Palestinian Authority, The, Trump, Biden, Israel Defense Forces, United Nations, New York, Facebook Locations: India, Persian, Israel, Europe, Iran, United States, U.S, East, China, Russia, Ukraine, Syria, Yemen, Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Sudan Oman, Israel Yemen Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan, Sea Oman, Israel Yemen Ethiopia Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan Oman, Israel Yemen Ethiopia, Gaza, Qatar, Saudi Arabia, United Arab, Saudi, Tehran, Iraq, Assad, Lebanon, Lebanese, Egypt, Jordan, Bahrain, United Arab Emirates, Morocco, Fatah, Israeli, Turkey, America

☆ Here are the 6 stocks that rise when Nvidia shares fall
▼ + stars: | 2024-04-19 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Six stocks in the S & P 500 rise often whenever Nvidia shares fall, according to a CNBC Pro analysis. A correlation of 0 would indicate no statistical link between Nvidia's stock and the share price of the six companies. Correlated returns also do not indicate causation or guarantee future returns or price action patterns. The below table highlights the 10 stocks in the S & P 500 with the strongest inverse correlation with Nvidia's share price. Trivariate Research's Adam Parker also named eight steady growth stocks that could replace Nvidia if investors are concerned that they are overexposed to it.

Persons: Jack Daniel's, Brown, Forman, Henry Schein, Katie Stockton, Trivariate Research's Adam Parker Organizations: Nvidia, CNBC, Electronic Arts, CNBC Pro Locations: U.S, lockstep

☆ These 10 oil stocks are the most — and least — sensitive to price swings amid Iran-Israel tensions
▼ + stars: | 2024-04-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Crude oil prices have been volatile in April amid heightened geopolitical risks. Fears of a spillover conflict in the Middle East have led some market watchers to predict oil prices could soar to $100 per barrel and beyond . Any disruption in its capacity to supply global markets could send oil prices higher, analysts told CNBC. Oil and gas stocks that show a negative correlation with crude oil prices will enable investors to withstand any volatility while remaining invested in the sector. A correlation of 0 would mean no link between the crude oil price and the stock price.

Persons: Bartosz, Andy Lipow, — CNBC's Lee Ying Shan, Jenni Reid Organizations: Organization of, Petroleum, CNBC, Brent, Lipow Oil Associates, CNBC Pro, Energy Locations: Iran, Israel, Conotoxia, Hormuz, lockstep

☆ The US Army's power to rapidly defeat enemies may be a thing of the past
▼ + stars: | 2024-04-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

AdvertisementModern weapons have become so accurate and lethal that soon armies will not be able to maneuver rapidly on the battlefield. This would require multiple jammers to disrupt enemy drones, guided rockets, and communication systems. Without maneuver, war becomes a battle of attrition, like the First World War, or siege warfare as with the Union and Confederate armies in front of Richmond in 1864. Advertisement"The West is not prepared for this kind of war," Vershinin said. AdvertisementMichael Peck is a defense writer whose work has appeared in Forbes, Defense News, Foreign Policy magazine, and other publications.

Persons: —, Alex Vershinin, Vershinin, Anthony Sweeney, jammers, Vladimir Putin, Michael Peck Organizations: US Army, Army, Service, Storm, US, Britain's Royal United Services Institute, Patriot, Engineers, West, Union, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Greece, lockstep, Russia, Confederate, Richmond, Stalingrad, Normandy, Forbes

Meanwhile, Johnson’s allies have asked Trump to publicly support the speaker, or at least stay out all together of his back-and-forth with House Republicans, according to multiple sources close to both Johnson and Trump. Johnson’s strategy also shows the continued grip Trump has on the House Republican Conference. Johnson told House Republicans during a closed-door meeting Wednesday that he had spoken to the former president the previous day. Johnson added: “It would be chaos in the House” if a motion to vacate the speaker’s chair were to succeed. “President Trump’s support on anything would be helpful for the Republican Party,” Hern told CNN.

Persons: Mike Johnson, Donald Trump, Johnson, ”, Johnson’s, Trump, speakership, “ I’m, Marjorie Taylor Greene, ” Greene, Greene, ‘, Johnson –, –, Troy Nehls, he’s, Kevin Hern, Trump’s, ” Hern, David Cameron, Cameron Organizations: CNN, Republican Party, Trump, House Republicans, GOP, House Republican Conference, Electoral, Supreme, Republicans, Texas Rep, Oklahoma, Republican, Committee, British, FISA Locations: Ukraine, Texas, Georgia , Michigan, Pennsylvania, Wisconsin, Georgia, Washington, “, Mar

☆ Marjorie Taylor Greene escalates pressure on Speaker Johnson as ouster threat looms
▼ + stars: | 2024-04-09 | by ( Annie Grayer | ) edition.cnn.com time to read: +6 min

In the letter, Greene laid out a detailed case against the speaker, accusing Johnson of failing to deliver on promises he ran on and breaking legislative procedural rules. She even blamed him for jeopardizing the House Republican majority by not doing more to prevent some retiring GOP members from leaving Congress early. Part of the argument to try and dissuade Greene from moving forward with the process, according to sources, is that ousting Johnson would only deliver Democrats the House majority. “And no, electing a new Republican Speaker will not give the majority to the Democrats. That only happens if more Republicans retire early, or Republicans actually vote for Hakeem Jeffries.

Persons: Marjorie Taylor Greene, Mike Johnson’s, Johnson, Greene, Marjorie, “ Mike Johnson, ” Greene, ”, “, Johnson’s, Thomas Massie, Chip Roy, Warren Davidson, CNN’s Manu Raju, ” “ I’ve, Kevin McCarthy, she’s, that’s, Mike Johnson, Trump, Hakeem Jeffries, It’s, Donald Trump, of Justice that’s, ” CNN’s Haley Talbot, Morgan Rimmer Organizations: CNN, GOP, House GOP, Louisiana Republican, Republican, Democratic, White House, Republicans, ”, of Justice Locations: Georgia, Washington, Louisiana, Ukraine

☆ Visits from Japanese and Filipino leaders highlight Biden’s efforts to blunt China’s aggression
▼ + stars: | 2024-04-09 | by ( Arlette Saenz | Kayla Tausche | ) edition.cnn.com time to read: +12 min

Biden’s week also includes an official visit for Japanese Prime Minister Kishida Fumio, reinforcing his commitment to cultivating partnerships in the Indo-Pacific in the face of China’s rising economic and military power. The historic leaders summit on Thursday between Biden, Kishida and Filipino President Ferdinand Marcos is expected to produce announcements relating to infrastructure, energy security, digital connectivity and maritime security. Meanwhile, Japan has recently loosened restrictions on the export of military technology – paving the way for deeper collaboration with like-minded allies. The first virtual meeting with the four leaders took place in March 2021 with subsequent in-person summits in the years that followed. Biden and his team also have sought to draw in smaller regional neighbors concerned about China’s military and economic aggression.

Persons: Joe Biden, Kishida, Biden, Jake Sullivan, “, Jill Biden, Kishida Yuko, They’re, Ferdinand Marcos, Marcos, ” Sullivan, ”, John Neuffer, ” Biden, ” Rahm Emanuel, Sullivan, zeroed, Japan’s, Yoshihide Suga, Korea’s, Moon Jae, Yoon Suk Yeol, Rodrigo Duterte, Donald Trump, ” Kishida Organizations: Washington CNN, Japanese, CNN, Biden White House, Australia, US Steel, APEC, Washington, Semiconductor Industry Association, Clark Air Base, Subic Naval Base, American, White, Kishida, White House, Pacific, PBS Locations: Japan, Philippines, North Korea, Ukraine, Gaza, India, South Korea, China, Manila, ’, lockstep, Netherlands, Taiwan, Beijing, Thursday’s, US, Australia, South China, South, Russia, Kishida, United States, Tokyo, Seoul, David, United Kingdom, Washington, Vietnam, U.S

☆ Exclusive: State Department officials told House investigators they created Afghanistan withdrawal plans from scratch
▼ + stars: | 2024-04-03 | by ( Kylie Atwood | Jennifer Hansler | ) edition.cnn.com time to read: +12 min

The State Department has continued to publicly defend its decision making around the NEO as well as the ending of the war. Milley and retired Gen. Kenneth McKenzie, who were in charge of the US military during the withdrawal, blamed the State Department for not ordering a NEO sooner. The State Department officials did not weigh in on whether calling a NEO sooner would have had a substantial impact, as this would have preceded their arrival in Afghanistan. Although the State Department has faced sharp criticism from the Defense Department – most recently in a congressional hearing with retired Gens. Coordination with the militaryAnd on the ground, as they grappled with the frenzied and fluid situation, State Department officials and service members at Hamid Karzai International Airport were regularly coordinating.

Persons: John Bass, Jim DeHart, Jayne Howell, Michael McCaul’s, McCaul, Biden, ”, Mark Milley, ” Howell, DeHart, ” Bass, Hamid, Bass, Wendy Sherman, Washington . Howell, I’m, Howell, “, Trump, Anna Moneymaker, Milley, Kenneth McKenzie, McKenzie, Vedant Patel, “ It’s, Defense Department –, Gens, Kenneth McKenzie –, ” DeHart, didn’t Organizations: CNN, State Department, House Foreign Affairs, Republican, Department, Foreign Affairs, Chiefs, House Foreign, ”, DC, State, Department of Defense, Airport, Foreign Service Institute, Pentagon, Biden, Joint Chiefs, Staff, US, US Central Command, ” State Department, Defense Department, Hamid Locations: Afghanistan, Kabul, Afghan, Ukraine, Kabul Afghanistan, Washington ., Turkey, Rayburn, Washington , DC, extremis

☆ Trump undoubtedly controls the GOP, but the TikTok vote shows Republicans won't always follow him in lockstep
▼ + stars: | 2024-03-13 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Even Republican House lawmakers, the group that is arguably the most pro-Trump in Congress, defied their de facto leader, who now opposes the bill. There's a lot of good and there's a lot of bad with TikTok. Congressional Republicans have defied Trump before. Even Republican voters have at times defied Trump. The former president has been especially effective in his targeted campaign against the 10 House Republicans who voted to impeach him for inciting the insurrection.

Persons: Donald Trump, Trump, Lara Trump, Wednesday's, TikTok, Jeff Yass, Tom Emmer's speakership, Jim Jordan, Joe Biden, Mitch McConnell, Mike DeWine, Rob Portman, Sen, Sherrod Brown Organizations: Service, Republican Party, Republican National Committee, Republican, Trump, Biden, Chinese Communist Party, CNBC, Facebook, Congressional, GOP, week's Ohio GOP, Ohio Gov, Democrat, Republicans Locations: Congress, ByteDance, Beijing, Yass, week's Ohio

☆ Single dose of LSD provides immediate, lasting anxiety relief, study says
▼ + stars: | 2024-03-07 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

CNN —A clinical trial’s encouraging results won US Food and Drug Administration breakthrough therapy status for an LSD formulation to treat generalized anxiety disorder, Mind Medicine Inc. announced Thursday. Generalized anxiety order is characterized by excessive, ongoing thoughts that are difficult to control and interfere with day-to-day activities. Anxiety is one of the most common mental disorders in the US, according to the Anxiety and Depression Association of America. The MM120 study, however, was accomplished without the use of psychotherapy during the session. So that’s a critical difference.”Most adverse effects in the study were rated as mild to moderate by participants, occurring mostly on the day of the study, Karlin said.

Persons: “, ”, Daniel Karlin, MindMed’s MM120, ” Karlin, buspirone —, Karlin, David Nutt, Nutt, Dr, Gabriella Gobbi, Timothy Leary, Richard Alpert, Eddie Adams, Leary, Richard Nixon Organizations: CNN, US Food and Drug Administration, Medicine Inc, Tufts University School of Medicine, FDA, Depression Association of America, Unit, Imperial College London’s, McGill University Health Centre, Canada, Therapeutics, Mental Health, Harvard University, Harvard, League for Spiritual, Woodstock Locations: Boston, United States, Montreal, New York, Vietnam

☆ 'Once-in-a-lifetime opportunity'? Wealth manager names 3 stocks on his radar right now
▼ + stars: | 2024-03-06 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

Wealth manager Brian Vendig is bullish on stocks this year, and says there are opportunities for investors outside of 2023's headline-makers. Three stocks on his radar right now are Super Micro Computer , Palo Alto Networks and PepsiCo . Super Micro Computer Vendig said Super Micro Computer was his choice to ride "the wave of the AI frenzy." "This stock has traded in lockstep with Nvidia because Nvidia chips are typically housed in Super Micro servers," Vendig explained. Palo Alto Networks The wealth manager also likes cybersecurity company Palo Alto Networks.

Persons: Brian Vendig, Vendig, PepsiCo Vendig Organizations: MJP Wealth, CNBC, Micro Computer, Palo Alto Networks, PepsiCo, Super, Computer, Nasdaq, Nvidia, Alto, Pepsi Locations: billings

☆ Democrat Dean Phillips drops out of 2024 presidential race
▼ + stars: | 2024-03-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Democratic presidential candidate U.S. Representative Dean Phillips speaks to the media as he arrives at Londonderry High School during U.S. presidential primary election, in Londonderry, New Hampshire, U.S., January 23, 2024. Democratic Rep. Dean Phillips, Minn., has dropped out of the 2024 presidential race and endorsed President Joe Biden. "And it is clear that Joe Biden is OUR candidate and OUR opportunity to demonstrate what type of country America is and intends to be." Biden's campaign has been in general election mode for weeks, kicking into high gear after the president swept New Hampshire and South Carolina. Though Biden's age was not enough to singlehandedly keep Phillips' campaign afloat, it is still a top vulnerability as the general election nears.

Persons: Dean Phillips, Joe Biden, Phillips, Nikki Haley, Donald Trump, Biden, Jason Palmer, I'm, pare, Elon Musk, Bill Ackman, Democratic Sen, Joe Manchin, Robert Hur, Hur Organizations: Democratic, U.S, Londonderry High School, Tuesday, New, Democratic National Convention, Biden, Tesla, Republican, Department, Justice Locations: Londonderry , New Hampshire, U.S, Minn, America, American Samoa, New Hampshire, South Carolina, lockstep

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