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☆ The bottom is not in so take profits on any bounce, says BTIG
▼ + stars: | 2024-08-12 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

BTIG's chief market technician warned Sunday that, while the pullback seen early last week generated some "tactical buy signals," he thinks the "bulk of the bounce has likely run its course and [we] would use strength … to lighten exposure." However, the broad market index clawed back most of that decline by Friday, posting a weekly loss of just 0.04%. .SPX 1M mountain SPX 1-month chart "A final durable low is likely still ahead of us," Krinksy said. The big event this week will be the release of the consumer price index reading for July, due Wednesday. "We see LLY stock outperforming for its high growth outlook and low beta," the Deutsche analyst added, while calling the drugmaker a "low beta/high growth unicorn."

Persons: Jonathan Krinsky doesn't, Krinsky, Krinksy, Eric Johnston, Cantor Fitzgerald, Lori Calvasina, Scott Rubner, Goldman Sachs, Eli Lilly Organizations: JPMorgan, RBC Capital Markets, Deutsche Bank, Deutsche

☆ Trump spent the weekend flying around America on a plane previously owned by Jeffrey Epstein
▼ + stars: | 2024-08-12 | by ( Jacob Shamsian | Graham Rapier | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump took several trips over the weekend on a private jet once owned by Jeffrey Epstein. That Gulfstream jet also once carried Jeffrey Epstein, who used the tail number N212JE while he owned it, up until his death in 2019. AdvertisementAccording to public flight records, the Gulfstream jet flew on Friday afternoon from Ontario International Airport in Canada to an airport in Bozeman. It's unclear whether Trump or anyone on his campaign knew the plane was once owned by Epstein. Epstein owned at least five different private planes before his death.

Persons: —, Donald Trump, Jeffrey Epstein, Jackson, Epstein, Trump hasn't, Mitch Williamson, Trump, didn't, James L, Williamson, Anna Moneymaker, Prince Andrew, Bill Clinton, Kevin Spacey, Naomi Campbell, Marla Maples, Eric, Tiffany Trump Organizations: Service, Gulfstream, Trump, Trump Force, Business, Federal Aviation Administration, JetBlue, International Air Transport Agency, FAA, Boeing, Gulfstream G550, US, Ontario International Airport, Gulfstream GV, Frontier Enterprises, Republican, Federal, Commission, Miami Herald, N550GP, Aviation Group, Aviation, Hawker Siddeley HS, British Aerospace, Daily Mail, Trump Organization, Records Locations: Aspen, Paris, New, Teterboro, WN, Billings , Montana, Bozeman, Canada, Wyoming, Colorado, Ontario, Manhattan, Palm, California, Palm Beach and New York City

☆ Los Angeles, Next Up for Summer Olympics, Hopes to Turn a Profit
▼ + stars: | 2024-08-12 | by ( Kurtis Lee | ) www.nytimes.com time to read: 1 min

Los Angeles is already looking ahead. The projects are funded through a mix of federal and city dollars as well as airport fees. And there will also be the tourist dollars spent while the Games take place. The city sees the Olympics as a revenue producer, not an expense. In 2019, two years after Los Angeles was awarded the Games, Eric Garcetti, then the mayor, said he expected the city to turn a $1 billion profit.

Persons: Angeles, Eric Garcetti Locations: Paris, Los Angeles

☆ Vance looks to turn tables on Walz
▼ + stars: | 2024-08-11 | by ( Eric Bradner | ) edition.cnn.com time to read: +9 min

“Tim Walz gave his wife a nice, firm Midwestern handshake, and then tried to sort of awkwardly correct for it,” Vance said. Vance said “of course” he acknowledges the families of Harris and Buttigieg, and argued his comments were taken out of context. The Ohio senator said Republicans’ goal is to contrast the policies Trump stood for during his term in office with those of the Biden-Harris administration. “I think all President Trump was saying was that look, it’s kind of weird that you have so many bureaucrats making so many important decisions. “And I think that’s what President Trump was getting at.

Persons: Vance, Tim Walz, CNN’s Dana Bash, Walz, Kamala Harris, he’d, “ Tim Walz, ” Vance, “, ”, Dana, doesn’t, Walz “, Walz —, Harris, —, Donald Trump, Pete Buttigieg, Buttigieg, Trump, Joe Biden’s, ’, Joe Biden, Harris “, Joe Biden doesn’t, Walz misspoke —, I’m, Tim Walz’s, “ It’s, Doug Julin, CNN’s Laura Coates, Julin, “ I’m, Tim Walz didn’t, Kate Cox, … You’ve, Harris –, India – Vance, “ She’s, hasn’t Organizations: CNN, Republican, Democratic, MSNBC, Union, Transportation, Trump, Biden, Biden White, Army National Guard, Congress, Federal, National Association of Black Journalists Locations: Minnesota, Ohio, Philadelphia, “ State, United States, Milwaukee, Italy, Afghanistan, Iraq, Texas, Jamaica, India

☆ Mayor Adams Expected to Name Robert Tucker as New Fire Commissioner
▼ + stars: | 2024-08-11 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

Mayor Eric Adams is expected to name Robert S. Tucker as the new commissioner of the New York Fire Department, making him the 35th person to lead the agency, according to three people with knowledge of the matter. Mr. Adams is expected to make the announcement at a news conference on Monday. Joseph Pfeifer, who served as first deputy commissioner under Ms. Kavanagh, briefly served as acting commissioner after her departure. As commissioner, Mr. Tucker will oversee a department of 17,000 employees, including firefighters and emergency medical workers. The appointment of Mr. Tucker was first reported by The Daily News on Sunday night.

Persons: Eric Adams, Robert S, Tucker, Adams, Laura Kavanagh, Joseph Pfeifer, Kavanagh Organizations: New York Fire Department, The Daily, Fire Department

☆ Trump spreads false conspiracy theory about Harris’ Detroit crowd size
▼ + stars: | 2024-08-11 | by ( Eric Bradner | ) edition.cnn.com time to read: +5 min

The false claims about attendance at Harris’ event come as Trump navigates the contours of a changed presidential race, with the vice president riding a wave of new Democratic enthusiasm after replacing President Joe Biden atop the ticket. Anyone who does that will cheat at ANYTHING!”However, photos and videos of the event — including videos captured with CNN’s cameras — reflect a sizable audience for Harris’ Wednesday event. The crowd filled a large hangar and spilled onto the sprawling tarmac where Air Force Two had stopped. “She should be disqualified because the creation of a fake image is ELECTION INTERFERENCE. Lavora Barnes, chairwoman of the Michigan Democratic Party, shared on X a photo from the event showing her speaking to a large crowd before Harris was introduced.

Persons: Donald Trump, ”, Kamala Harris ’, Harris, Joe Biden, “, Hany Farid, Julia Nikhinson, David Plouffe, ” Trump, Kamala, ‘, ’, Lavora Barnes, Barnes, ” Harris, Tim Walz, Detroit “, ” Barnes, CNN’s Kate Sullivan, Jeff Zeleny Organizations: CNN, Democratic, Trump, GOP, Air Force, University of California, LinkedIn, Detroit Metropolitan Wayne County Airport, Michigan Democratic Party Locations: Kamala Harris ’ Michigan, Detroit, ”, Berkeley, Romulus , Michigan

That includes the Jan. 6 and 2020 election interference case brought by special counsel Jack Smith. If Harris wins the election in November, Trump’s Jan. 6 case — though weakened by the Supreme Court — will continue to move toward trial. She is also likely to avoid much discussion of Trump’s handling of classified documents: While a Trump-appointed federal judge dismissed a federal case involving his alleged mishandling of classified documents, the Justice Department has appealed and the case could ultimately survive. While those rules are binding only on the Justice Department, part of Harris’ pitch to voters is that she would respect the lines between the Justice Department and the White House that have existed for decades, since the Watergate scandal. During the Biden administration, the Justice Department appointed another special counsel, a former Trump appointee, who secured the conviction of Biden’s son Hunter Biden on gun charges.

Persons: WASHINGTON, Kamala Harris, Donald Trump, Walz, there’s, Harris, Trump, Jack Smith, Trump’s Jan, Hillary Clinton, “ We’re, ”, —, Tony West, Eric Holder, “, ” Harris, fraudsters, cheaters, Donald Trump’s, Jean Carroll, Joe Biden, Bill Shipley, Shipley, Biden, Smith, Biden’s, Hunter Biden Organizations: Harris, Trump, Supreme, Department, DOJ, United, Democratic National Committee, Justice, Justice Department, NBC News, Republicans, Congress, Democrats, Republican Locations: Wisconsin, United States, California, New York

☆ Vance responds to Walz calling GOP ticket ‘weird’
▼ + stars: | 2024-08-10 | by ( Eric Bradner | ) edition.cnn.com time to read: 1 min

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☆ Breaking explodes onto Paris' La Concorde, exciting spectators in its first Olympic showing
▼ + stars: | 2024-08-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +8 min

Lithuania's Dominika Banevič, known as Nicka, at La Concorde in Paris on Friday. Lithuania's Dominika Banevič known as Nicka, Japan's Ami Yuasa known as Ami, and China's Liu Qingyi known as 671 at La Concorde in Paris, on Friday. Odd Andersen / AFP - Getty ImagesUsually the Place de la Concorde is a busy traffic intersection. Team USA's Logan Edra, known as Logistx, competes in the breaking round-robin at the Olympics in Paris, on Friday. On Saturday, USA's B-Boys Victor and Jeffro will be among the athletes competing in the men's try of Olympic breaking, wrapping the sport's Paris showing.

Persons: Japan’s Ami, Lithuania's Nicka, Ami, Nicka, Dominika, Odd Andersen, Elsa, Getty, India —, Japan's Ami Yuasa, China's Liu Qingyi, La Madeleine, Malik, —, Sunny, Logistx, USA's Logan Edra, It’s, Ava Rodriguez, Rodriguez, Alison Palaia, Eric Quinlan, ”, Quinlan, “ We’ve, Palaia, “, USA's, Boys Victor, Jeffro, Alexander Smith, Rebecca Cohen Organizations: PARIS, La Concorde, AFP, Getty, Team USA, China's, Team United States, Nicka, Concorde, La, U.S, Los Angeles Games, Olympics, Boys Locations: Japanese, Lithuanian, Paris, Bronx, New York City, Netherlands, India, Carlota, Luxor, France, America, Norwalk, Conn, U.S, ”

☆ Ten years after Ferguson, data on police killings shows a lack of progress
▼ + stars: | 2024-08-09 | by ( Matthew Danbury | Matthew Danbury Is A Data Graphics Intern For Nbc News. | ) www.nbcnews.com time to read: +2 min

“Police violence hasn’t stopped,” said Sirry Alang, professor of Black communities and social determinants of health at the University of Pittsburgh. And in the decade since, data shows there has not been an increase in charges brought against officers. Philip Stinson, a professor of criminal justice at Bowling Green State University, has tracked cases of police officers charged with murder or manslaughter resulting from on-duty shootings since 2005. Data is aggregated from publicly accessible media sources and reviewed by Campaign Zero’s researchers. The database shows that documented police killings have steadily increased in recent years.

Persons: hasn’t, ”, Sirry Alang, we’ve, Eric Garner, Brown, Garner, Philip Stinson, Stinson, ” Stinson Organizations: Police, University of Pittsburgh, University of North, Bowling Green State University, NBC, The Washington Post Locations: Ferguson, New York, University of North Carolina

Hong Kong CNN —Presumptive Democratic presidential nominee Kamala Harris’ running mate has a decades-long connection with China. “I remember waking up and seeing the news on June 4 that the unthinkable had happened,” Walz told Voice of America in an interview in 2014. The newlyweds spent their honeymoon taking students on two-week tours in China for sightseeing and classes on culture, education and history. In Chinese nationalist circles, which have an outsized voice on policy debates in China, there are no rosy illusions about Walz. The hashtag “Harris’ VP pick once taught in China” racked up 15 million views on microblogging site Weibo.

Persons: Hong Kong CNN —, Kamala Harris ’, Tim Walz, Walz, ”, Dalai Lama, Joshua Wong, Shen Dingli, ” Shen, ’ Walz, “, Mao Zedong, Deng Xiaoping, ” Walz, Gwen, Cara Roemhildt, ” Roemhildt, Jeff Widener, ’ ”, Liu Dongshu, Liu Xiaobo, Lobsang Sangay, ” Tim Walz, X, Hong Kong’s, Wong, ” Jeffrey Ngo, “ Walz, ” Ngo, ” Shen Yi, “ We’re, ” Stephen Roach, Morgan Stanley Asia, Harris, Eric Fish, Hong Kong's, Joshua Wang, George H, Bush, Bush’s, there’s, Liu, “ Harris, China ”, –, Xi Jinping, “ Heh, I’ve, they’re Organizations: Hong Kong CNN, Democratic, United States ’, Republican, Communist Party, Star, Herald, CNN, Harvard University, Paramount, America, “, of, People, Associated, Congressional, Commission, City University of Hong, Hong, Hong Kong Human Rights, Democracy, White Locations: Hong Kong, China, Beijing, Minnesota, Tiananmen, Nebraska, Shanghai, Foshan, Guangdong, America, Congress, City University of Hong Kong, Tibet, Dalai, Washington, “, South China, Weibo

☆ 14 people got Valley fever after a California music festival, highlighting the fungus' growing threat
▼ + stars: | 2024-08-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Aria-Bendix-Byline-Jm.Jpg | Aria Bendix | ) www.nbcnews.com time to read: +6 min

The Summary Cases of Valley fever, a fungal infection, have been climbing in California in recent years. An outbreak of Valley fever among attendees and workers at an outdoor music festival in California’s Central Valley highlights the fungal infection’s mounting threat. As climate change creates more opportunities for it to proliferate, Valley fever cases have been climbing in California. He said he suspected Valley fever, since he had heard reports that some festivalgoers had gotten infected in past years, but he was initially diagnosed with pneumonia. “We live in a high endemic area for Valley fever, so anybody who’s visiting, who lives in these areas, is at risk,” she said.

Persons: “, ”, Eric Mattson, San Luis Obispo, sweats, Mattson, coccidioides, Geetha Sivasubramanian, Sivasubramanian, Arturo Casadevall, Casadevall, you’ve Organizations: California Department of Public Health, NBC, San, UCSF, Centers for Disease Control, Johns Hopkins Bloomberg School of Public Health, “ Locations: California, Bakersfield, San Luis, Arizona, San Joaquin County, San Joaquin Valley, UCSF Fresno, Kansas, Oklahoma, Kern County

☆ Under Armour shares surge 20% after posting 'better than feared' quarterly sales
▼ + stars: | 2024-08-08 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

Under Armour apparel is displayed at a Dick's Sporting Goods store on May 16, 2024 in Petaluma, California. Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending its stock surging in early trading. Under Armour previously expected full-year earnings of 2 cents to 5 cents per share, and adjusted earnings between 18 cents and 21 cents per share. The athletic apparel company is in the midst of a broad restructuring plan as it fights to regain relevance, reverse a sales slump and boost profits. Apparel revenue fell 8%, footwear sales dropped 15% and accessories revenue slid 5%.

Persons: Armour, It's, Stephanie Linnartz, Kevin Plank, Plank, Eric Liedtke, Eric, …, William Blair, Armour's Organizations: Sporting Goods, LSEG, Marriott, Armour's, Apparel, Adidas, UA Locations: Petaluma , California, North America

Chatham County employees dump a truck load of sand for residents to use in sandbag as they prepare for Hurricane Debby, in Savannah, Georgia on August 5. Stephen B. Morton/APHurricane survivors returning to damaged houses face a torrent of challenges – if they’re lucky enough to have a home at all. Residents should “return home only when local officials say it is safe to do so,” the Federal Emergency Management Agency says. Once you get there, “Walk carefully around the outside of your home to check for loose power lines, gas leaks, and structural damage,” the National Weather Service says. Read more about how to recover from a hurricane or tropical storm.

Persons: Debby, Stephen B, Morton, –, Read Organizations: Chatham, AP Hurricane, Federal Emergency Management Agency, National Weather Service, CDC Locations: sandbag, Savannah , Georgia

☆ Prosecutors used an AI tool to send a man to prison for life. Now the person who created it is under investigation.
▼ + stars: | 2024-08-06 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +18 min

But prosecutors had no direct evidence tying Black to the location of the murder, an Ohio appellate court later said. In many cases, prosecutors themselves don't even have access to the source code and haven't reviewed the underlying technology. Back in Akron, the judge in Rankin's case ordered the Cybercheck evidence excluded after prosecutors failed to turn over the source code. The Summit County Prosecutor's Office declined to comment when reached by BI. It's unclear how many others may be behind bars because of Cybercheck evidence that was never rigorously scrutinized.

Persons: Adarus Black, Black, Na'Kia Crawford, Crawford, Adam Mosher, Mosher, Cybercheck, Chris Ramsey, It's, That's, Donald Malarcik, Summit County who've, Javion Rankin, Tyraye Carter, Rankin, Malarcik, Eric Zale, Zale, Mr, Shara Munn, she'd, Freiheit, Meghan, Breck, Roesch, weren't, They've, who's, isn't, Phillip Mendoza, Kimberly Thompson, Brian James, Tyree Halsell, Mendoza, Mosher's, Steve Michniak, Michinaik, William Holland, Brian Stano, Katherine Long, Jack Newsham Organizations: Business, NBC News, Cybercheck, Prosecutors, Police, Fleming College, Technicians, Akron Police Department, University of Saskatchewan, Summit, Prosecutor's, BI Locations: America, Akron , Ohio, Ohio, Colorado , New York, Florida, New York, Philadelphia, Houston, Denver, Akron, Summit County , Ohio, Canada, Toronto, Summit County, Boulder , Colorado, New Brunswick, Calgary, Colorado, Nevada, Pennsylvania, Colorado , Ohio, East Akron , Ohio, Summit, Portage County, Lake Erie

With only days to consider a range of contenders, Ms. Harris and her team were inundated with unsolicited advice — much of it public — about whom she should pick. Andy Beshear of Kentucky, who has also been vetted by the Harris team, appeared at a Harris campaign fund-raiser in Chicago. Mr. Biden was at home in Wilmington, Del., over the weekend while Ms. Harris interviewed prospective running mates in Washington. A White House spokesman did not immediately respond to a request for comment about whether he had spoken to Ms. Harris as she finished her deliberations. Once she chooses, Ms. Harris will spend much of the next week with her running mate.

Persons: Kamala Harris, Harris, Barack Obama, Harris’s, —, Josh Shapiro, Tim Walz, Donna Brazile, “, you’re, Brazile, Paul, Caroline Yang, Obama, Shapiro, Nancy Pelosi, Walz, Pelosi, I’m, Nancy, Gerry Connolly, Ms, there’s, Kamala, it’s, Andy Beshear, Biden, Rachel Wisniewski, . Walz, Mark Kelly, Jen O’Malley Dillon, Sheila Nix, Tony West, Cedric Richmond, Eric H, Holder Jr, Dana Remus, Theodore Schleifer, Nicholas Nehamas, Christina Morales Organizations: Democratic Party, Democratic, Pennsylvania, Democratic National Committee, The New York Times, CNN, Democrat, White Locations: Atlanta, Philadelphia, Gaza, Minnesota, St, Virginia, Minneapolis, Kentucky, Chicago, Washington, Arizona, Wilmington, Del, San Francisco

Two special prosecutors said Monday they will file a criminal obstruction of justice charge against a former Kansas police chief who directed warrant searches of a publisher and his newsroom over its retrieval of public information. As of Monday, prosecutors hadn't filed any criminal charges against former Marion Police Chief Gideon Cody. It was not immediately clear if they would be seeking a felony or misdemeanor charge against Cody. The special prosecutors are working with the Colorado Bureau of Investigation, which stepped in at the request of the Kansas Bureau of Investigation. “The findings will be incorporated into charges which will be sought in Marion County District Court,” the report said.

Persons: Marc Bennett, Riley, Barry Wilkerson, hadn't, Gideon Cody, Cody, Marion Mayor David Mayfield, Eric Meyer, Ruth Herbel, Meyer, Phyllis Zorn, Kari Newell, Newell, Zorn, Herbel, Bennett, Wilkerson, Meyer’s, Joan Meyer Organizations: Marion County, Marion Police, Colorado Bureau of Investigation, Kansas Bureau of Investigation, Court, NBC News, Kansas City, Marion Police Department, City Locations: Kansas, Sedgwick County, Riley County, Marion, Marion County

WASHINGTON — The Supreme Court on Monday declined to intervene in a long-shot lawsuit brought by Missouri attempting to block legal proceedings in former President Donald Trump's hush money case in New York. Brandon Bell / Getty ImagesNew York Judge Juan Merchan issued an initial gag order in March ahead of Trump’s trial. Bailey took the rare step of trying to sue the state of New York before the Supreme Court, which has jurisdiction over disputes between states. It would have been highly unusual for the Supreme Court to allow a state to interfere with judicial proceedings in another state. Before the trial, Trump was fined for violating the original gag order, especially as it related to Cohen, one of the key witnesses.

Persons: WASHINGTON —, Donald, Missouri's, Andrew Bailey, Clarence Thomas, Samuel Alito, Bailey, Trump, Michael Cohen, Storm Daniels, Daniels, Donald Trump, Brandon Bell, Juan Merchan, Merchan, Letitia James, James, Cohen, Mike Parson, Eric Schmitt Organizations: Missouri, Republican, Trump, Getty, York, State, New York, Missouri Gov, Senate Locations: Missouri, New York, Charlotte , NC

WASHINGTON — Vice President Kamala Harris is expected to reveal her vice presidential pick Tuesday, ahead of their first rally together in Philadelphia in the evening, according to two sources familiar with the plan. The rollout Tuesday will likely look similar to past major announcements, including digital video and social media components, as well as a fundraising appeal, these sources said. The Harris campaign will also disseminate various text messages to its supporters throughout the day, as has been a common practice in the past around big moments. The highly anticipated decision comes after Harris met in person Sunday with three of the contenders who have been under consideration as her vice presidential pick — Pennsylvania Gov. On Friday, Harris secured a majority of support as part of a virtual roll call from Democratic National Committee delegates needed to win the party’s nomination for president.

Persons: WASHINGTON, Kamala Harris, Harris, Josh Shapiro, Arizona Sen, Mark Kelly, Tim Walz —, JB Pritzker, Andy Beshear, Pete Buttigieg, Eric Holder, Burling Organizations: Pennsylvania, Minnesota Gov, Illinois Gov, Kentucky Gov, Burling LLP, Naval, Democratic National Committee Locations: Philadelphia, Arizona, Kentucky, Covington, Chicago

Vice President Kamala Harris will set out this week on a swing-state campaign blitz, giving her a far heavier travel schedule than her opponent, former President Donald Trump. Harris’ travel this week will take her to seven states in less than a fourth of the time. Reached for comment, Trump campaign communications director Steven Cheung pointed to the overall difference in the number of Trump and Harris campaign trips. Harris' campaign swing is also consistent with how candidates typically pick up the pace as the election draws closer, said Aleigha Cavalier, a Democratic strategist at the strategy and marketing agency Precision Strategies. But she said Harris' travel pace compared to Trump's and Biden's is "a real advantage."

Persons: Kamala Harris, Donald Trump, Harris, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, Walz, Shapiro, Kelly, Trump, Joe Biden, Biden, Biden’s, Amanda Renteria, Hillary Clinton’s, ”, you’re, ” Trump, Steven Cheung, Cheung, Kamala Harris can’t, Covid, Abhi Rahman, Rahman, Bill Galston, Bill Clinton's, Cavalier, Eric Jaye, Jaye, ” Renteria Organizations: Kentucky, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Biden, Trump, Democratic, Democratic National, Republicans, Brookings Institution, Political Locations: Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Philadelphia, Wisconsin , Michigan, Georgia, Arizona, North Carolina, Nevada, Montana, Colorado, New York , New Jersey, Virginia, Wisconsin, Pennsylvania , Michigan

The Shore Acres neighborhood begins to flood from high tide in the Tampa Bay while Tropical Storm Debby approaches the gulf coast, in St. Petersburg, Florida, U.S., on August 4. Octavio Jones/ReutersHigh-water rescues were underway Sunday night in Pinellas County, Florida, as incoming Hurricane Debby whipped up heavy rains, storm surge and dangerous flooding, emergency officials said. Emergency crews in the county, which includes the cities of Clearwater and St. Petersburg, were fielding very high volumes of 911 calls Sunday night. Between 5 to 10 inches of rain have fallen in the area and as many as four more inches are possible. The Sunshine Skyway Bridge — a key transportation artery in Lower Tampa Bay — has been closed “due to high winds and inclement weather,” the Florida Highway Patrol announced.

Persons: Octavio Jones, Debby Organizations: Tropical, Reuters, Emergency, National Weather Service, Sunshine Skyway, Patrol, The Clearwater Police Department Locations: Tampa, St . Petersburg , Florida, U.S, Pinellas County , Florida, Clearwater, St, Petersburg, Pinellas, Manatee, Sarasota, Hernando, Hillsborough, Lower Tampa, Florida

☆ Pentagon Hands Over Last Base in Niger as Extremism Spreads in the Sahel
▼ + stars: | 2024-08-05 | by ( Eric Schmitt | ) www.nytimes.com time to read: +1 min

The U.S. military turned over control of its last base in Niger to local forces on Monday, ending a yearslong counterterrorism mission in the West African country even as violent extremism remains on the rise in the region. A group of U.S. troops boarded an Air Force cargo plane and flew out of a $110 million air base in central Niger that was built with Pentagon money, among the last of 1,000 personnel that Washington had agreed to pull out by Sept. 15. A small number of troops will remain at the United States Embassy for a short time to wrap up administrative details, officials said. “The withdrawal of U.S. forces and assets from Air Base 201 in Agadez is complete,” the Pentagon’s Africa Command said in a statement, referring to the installation in central Niger. “The effective cooperation and communication between the U.S. and Nigerien armed forces ensured that this turnover was finished ahead of schedule and without complications.”

Persons: “ Organizations: U.S, Air Force, Pentagon, Washington, United States Embassy, Air Base, Pentagon’s Africa Command, Nigerien Locations: Niger, West, U.S, Agadez

☆ Southern California Fire Destroys Homes and Forces Evacuations
▼ + stars: | 2024-08-05 | by ( Soumya Karlamangla | More About Soumya Karlamangla | ) www.nytimes.com time to read: 1 min

A fast-moving brush fire burned homes and forced evacuations in the inland California city of San Bernardino on Monday afternoon. Shocking views of the fire tearing across a residential hillside stoked fears that an already dangerous fire season could threaten the more populated parts of the state. The fire in the Southern California city, about 60 miles east of downtown Los Angeles, has grown to 100 acres and burned multiple buildings, said Eric Sherwin, a spokesman for the San Bernardino County Fire Department. Residents of dozens of homes in the Shandin Hills neighborhood are under evacuation orders, and the county has set up an evacuation center at a nearby elementary school. Multiple suburban houses with tile roofs could be seen on live TV engulfed in flames on Monday afternoon.

Persons: Eric Sherwin Organizations: San Bernardino, Monday, San, San Bernardino County Fire Department, Residents Locations: California, San, Southern California, Los Angeles, San Bernardino, Shandin

☆ Summer is ‘high season’ for flight delays. Here’s what travelers need to know
▼ + stars: | 2024-08-05 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Ironheart | Moment | Getty ImagesThe summer travel season is in full swing, often bringing more flight delays and cancellations. 'High' season for flight delays and cancellationsMid-June to the end of August typically marks "high season" for flight disruptions, Napoli said. "This summer will see more planes in the skies, frequent bad weather, and increased use of the nation's airspace," according to a Federal Aviation Administration webpage about summer travel. What Taylor Swift's The Eras Tour says about 'passion tourism'5 ways to maximize your vacation days More broadly, airline compensation policies vary for delays and cancellations. A recent spate of delays and cancellations related to a global IT outage was deemed a "controllable" event, for example.

Persons: Eric Napoli, Napoli, Hayley Berg, Biden, Taylor Organizations: Federal Aviation Administration, FAA, U.S . Department of Transportation, Consumers, Finance, Transportation, Airlines, Microsoft, Passengers, Union Locations: U.S, Europe

☆ Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
▼ + stars: | 2024-08-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Carry trades refer to operations wherein an investor borrows in a currency with low interest rates, such as the Japanese yen, and reinvests the proceeds in higher-yielding assets elsewhere. "You can't unwind the biggest carry trade the world has ever seen without breaking a few heads. A change in Japanese monetary policy prompted one strategist to warn of the "implosion" of the yen carry trade over a short-term basis. watch nowEd Rogers of Rogers Investment Advisors said the yen carry trade isn't dead yet, despite the deepening stock market sell-off. "Certainly there is going to be some momentary panic, I think, about the yen carry trade.

Persons: Richard A, Brooks, Kit Juckes, Juckes, Russell Napier, Ed Rogers, Rogers, CNBC's Organizations: Tokyo Stock Exchange, Afp, Getty, Swiss, Societe Generale, U.S, Bank of Japan, Rogers Investment Advisors Locations: Tokyo, London

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