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☆ Putin is trying to flex his influence in Africa, but countries are giving him the cold shoulder
▼ + stars: | 2023-07-26 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Putin is hosting a critical summit with African leaders this week in St. Petersburg, Russia. But only a handful of attending nations are sending their heads of state or leaders. Isolated by the war in Ukraine, Putin seeks to grow influence and support on the African continent. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. On Thursday, Putin will meet with 49 representatives from African nations at the second Russia-Africa summit.

Persons: Putin, Vladimir Putin's, Yuri Ushakov, Dmitry Peskov Organizations: Service, Moscow Times, Reuters, Ukraine, Wagner Group, Central African, Wall Street Journal, Foreign Relations Locations: St . Petersburg, Russia, Ukraine, Wall, Silicon, Africa, Egypt, South Africa, Uganda, Libya, Mali, Sudan, Central African Republic

Companies Mirati Therapeutics Inc FollowNEW YORK, July 26 (Reuters) - The British billionaire Joe Lewis pleaded not guilty on Wednesday to orchestrating what prosecutors called a "brazen" insider trading scheme by passing tips about companies in which he invested to friends, private pilots and a former girlfriend. Two of Lewis' pilots, Patrick O'Connor and Bryan Waugh, also pleaded not guilty to related insider trading charges, after being accused of making millions of dollars in illegal profit from Lewis' tips. British billionaire and Tottenham Hotspur owner Joe Lewis exits the United States Courthouse in Manhattan, following his appearance on insider trading charges, in New York City, U.S., July 26, 2023. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Separately on Wednesday, the U.S. Securities and Exchange Commission filed a civil insider trading case against Lewis, O'Connor, Waugh and Lewis' former girlfriend Carolyn Carter.

Persons: Joe Lewis, Lewis, Valerie Figueredo, Nicolas Roos, Patrick O'Connor, Bryan Waugh, David Zornow, O'Connor, Waugh, O'Connor texted, Mirati, Amr Alfiky Mirati, Prosecutors, Damian Williams, Williams, Preet Bharara, Carolyn Carter, Carter, Gurbir Grewal, Luc Cohen, Jonathan Stempel, Jody Godoy, Chris Prentice, Chizu Nomiyama, Daniel Wallis Organizations: Mirati Therapeutics, Tottenham Hotspur, Aviva, Tavistock Group, Forbes, Tottenham, Prosecutors, United, REUTERS, U.S, Attorney, U.S . Securities, Exchange Commission, SEC, Thomson Locations: British, Manhattan, United States, New York City, U.S, New York, Virginia, South Korea

DWS said the resolution of allegations was a top priority but that it couldn't comment on timeframes or outcomes. Under Democratic leadership, the SEC has pledged to crack down on "greenwashing" and the inflating of ESG credentials to attract investors. DWS had earmarked civil litigation provisions of 8 million euros ($8.84 million) by the end of last year. DWS has been in settlement negotiations with Frankfurt prosecutors over a multi-million euro fine, one of the people said. Earlier in July, Reuters and other media reported that German prosecutors were investigating DWS' former CEO Asoka Woehrmann, who in the past has called allegations "unfounded".

Persons: DWS, Goldman Sachs, Asoka Woehrmann, Chris Prentice, Tom Sims, John O'Donnell, Louise Heavens, Susan Fenton Organizations: U.S . Securities, Exchange Commission, U.S, Deutsche Bank, Securities, SEC, Investigations, Democratic, Frankfurt, Reuters, Thomson Locations: FRANKFURT, Germany

☆ Photo captures Ukrainian troops using grunt robots to plant deadly anti-personnel mines
▼ + stars: | 2023-07-25 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

A new photo shows Ukraine using an unmanned ground vehicle to plant a deadly anti-personnel mine. The photo, posted by OSINTtechnical, shows a MON-200 directional mine. The MON-200 is a thick, Soviet-made anti-personnel mine with a smooth concave front — as seen in the picture — that faces the target. It's a directional explosive, meaning the explosive force and the destructive fragments are propelled in a single direction when triggered. A video, also posted by OSINTtechnical, shows a minelaying vehicle remotely deploying TM-62 anti-tank mines.

Persons: OSINTtechnical Organizations: Service, Center for Naval Locations: Ukraine, Wall, Silicon, Ukrainian

☆ Long after Oppenheimer, the US is still paying benefits to people who were exposed to radiation from nuclear tests
▼ + stars: | 2023-07-25 | by ( Jake Epstein | Chris Panella | ) www.businessinsider.com time to read: +7 min

Decades after Oppenheimer, the US still pays benefits to people exposed to nuclear radiation. Civilians who contracted cancer or other diseases due to nuclear testing also receive benefits. Long after the creation and testing of that first nuclear weapon and the many more tests that followed, Washington is still paying benefits to veterans and civilians exposed to radiation from nuclear bomb tests and cleanups. It was over 40 years after the first nuclear test, codenamed "Trinity," before the risks and dangers were officially recognized. Jeff T. Green/Getty ImagesCurrent VA benefits related to nuclear radiation exposure include cleanups at the Marshall Islands and Palomares, Spain, from a 1966 US Air Force plutonium accident.

Persons: Oppenheimer, Christopher Nolan's, Robert Oppenheimer, Bill Clinton's, Eileen Welsome's, Markey, Ken Brownell, Francis Lincoln Grahlfs, Brownell, Jeff T Organizations: Manhattan, Service, Los Alamos Laboratory, Trinity, Universal Pictures, Los Alamos National Laboratory, MPI, Manhattan Project, Marshall, Air Force, McMurdo, Manhattan Project's Trinity Locations: Marshall, Wall, Silicon, Nazi Germany, Hiroshima, Nagasaki, Washington, Japan, Nevada, Hanford, Palomares, Spain, McMurdo Antarctica, Ukraine

☆ Putin 'just hid' during Wagner's mutiny, proving he can't guarantee 'security' for Russia, a former Russian colonel says
▼ + stars: | 2023-07-25 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Putin "just hid" during Wagner's mutiny, a former Russian colonel told The Washington Post. Chaos in Russian leadership left local authorities without direction during Prigozhin's rebellion. Gudkov told the Post that Putin's inaction during Yevgeny Prigozhin's 24-hour rebellion severely damaged his reputation with top Russian officials. That's left Putin appearing weak. One senior Moscow financier connected to Russian intel told the Post: "Russia is a country of mafia rules.

Persons: Putin, Wagner, Vladimir Putin, Gennady Gudkov, Gudkov, Yevgeny Prigozhin's, Prigozhin, Sergei Shoigu, Alexander Lukashenko, standdown, unsparingly, Prigozhin —, That's Organizations: Washington Post, Service, Russian Defense, Ukraine, Kremlin, Russian intel Locations: Russian, Wall, Silicon, Ukraine, Prigozhin, Belarus, Moscow, Russia

☆ Russia wants school kids trained to operate combat drones, which have become an inescapable part of the Ukraine war
▼ + stars: | 2023-07-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Drones have been invaluable for both Ukraine and Russia, completing attacks and conducting reconnaissance. These assets, which come in all shapes and sizes, will have uses in the ongoing war against Ukraine and in future conflicts. Russia previously accused Ukraine of using long-range drones to strike bases deep inside Russian territory. Meanwhile, Russia has used drones for similar purposes, such as battlefield reconnaissance. Kyiv and other cities have repeatedly been battered by one-way explosive drones, like the Iranian-made Shaheds.

Persons: Narciso Contreras, They've, Scott Peterson, Wagner, Yevgeny Prigozhin, Olga Maltseva, TB2, Russia's, Ukraine's Organizations: Service, UK Ministry of Defense, Ukraine, Anadolu Agency, Getty, Kremlin, CNN, PMC Wagner, PMC, Radio Free Radio Liberty Locations: Russia, Ukraine, Wall, Silicon, Russian, Moscow, Kerch, Crimea, Ukraine's, Saint Petersburg, AFP, Ukrainian, Bakhmut

☆ 'Barbie' and 'Oppenheimer' box office debut sparks hope that cinema is back
▼ + stars: | 2023-07-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

That gave the pink-drenched film the largest opening weekend of 2023 so far and the biggest-ever debut for a female director. Timothy Richards, chief executive of Vue International, Europe’s largest privately owned movie theater operator, said in a statement Sunday that it had seen its biggest weekend in four years for ticket sales. AMC (AMC), the world’s largest movie theater chain, said last week that 60,000 people had bought tickets see both films on the same day. Cineworld, the world’s second-biggest movie theater chain and owner of Regal Cinemas, filed for bankruptcy in September after posting a total $3.3 billion loss over 2020 and 2021. So far, Cineworld has shuttered 51 of its Regal movie theaters in the US.

Persons: “ Barbie ”, “ Oppenheimer, kindling, “ Barbie, Barbie ”, “, Timothy Richards, “ Vue, ’ ” Richards, Greta Gerwig’s, Burger, Crocs, Airbnb, Christopher Nolan, J, Robert Oppenheimer, Gabrielle Roitman, Kayla Seffing, Maddy Hiller, Casey Myer, Oppenheimer, Barbie, Chris Pizzello, “ Barbenheimer, —, ” Daniel Loria, Michael O’Leary, Disney’s “ Indiana Jones, ” Organizations: London CNN, Warner Bros, Universal Studios, Warner Bros ., Vue International, Europe’s, “, United, AMC, CNN, National Associations of Theater Owners, Hollywood, Regal Cinemas Locations: Brazil, California, American, United States, Los Angeles, Disney’s

☆ 'Barbie' blows up 'Oppenheimer' as Greta Gerwig's plastic fantastic looks set to make $100 million more than Christopher Nolan's atomic blockbuster this weekend
▼ + stars: | 2023-07-23 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Greta Gerwig's comedy is headed for a $155 million US opening, with "Oppenheimer" on $77 million. According to studio projections seen by The Hollywood Reporter, Greta Gerwig's film is heading for a $155 million domestic opening weekend, while Christopher Nolan's atomic bomb epic is set to take $77 million. That means the first outing in the "Mattel Cinematic Universe" will outstrip Nolan by more than $100 million. "Barbie" cost a reported $145 million to make, plus an estimated $100 million for its elaborate marketing campaign, while "Oppenheimer" reportedly cost $100 million. It's the first where one title has more than $100 million and another taken more than $50 million in the same three-day period, according to The Hollywood Reporter.

Persons: Oppenheimer, Greta Gerwig's, Margot Robbie, Christopher, outstrip Nolan, Patty Jenkins, Barbie, Stephanie Keith, Insider's Chris Panella, you'll Organizations: Hollywood, Mattel, Warner Bros, Universal Pictures, National Association of Theater, Associated Press, Rotten Locations: Manhattan

☆ 'Barbie' dominates 'Oppenheimer' opening day, but it's a win for theaters
▼ + stars: | 2023-07-23 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Greta Gerwig’s “Barbie” raked in a stunning $155 million domestically over the weekend, giving the film the largest opening weekend of 2023, Comscore said. The combined release of “Barbie” and Christopher Nolan’s “Oppenheimer,” dubbed “Barbenheimer,” has become a pop culture sensation – and one that might revive a struggling movie industry. Coming in behind “Barbie,” “Oppenheimer” opened at $80.5 million domestically over the weekend, according to Comscore. Its closest comparison is “Wonder Woman” in 2017, directed by Patty Jenkins, which raked in about $38 million domestically on opening day, according to Box Office Mojo. That could bring a much needed rebound to the movie industry.

Persons: Greta Gerwig’s “, ”, Comscore, “ Barbie ”, Christopher Nolan’s “ Oppenheimer, “, Paul Dergarabedian, “ Barbie, ” “ Oppenheimer ”, Dergarabedian, ” Dergarabedian, ” It’s, Gabrielle Roitman, Kayla Seffing, Maddy Hiller, Casey Myer, Oppenheimer, Barbie, Chris Pizzello, Patty Jenkins, “ Oppenheimer, It’s, Christopher Nolan, Knight, Mario, Indiana Jones, Destiny ’, ” Sheri Lambert, Mattel, Lambert Organizations: New, New York CNN, AMC, Office, Warner Bros, Warner Bros ., Hollywood Reporter, Mattel, Dunkirk, Mario Bros, Temple University, CNN Locations: New York, Canada, Los Angeles, United States

☆ Video shows Ukraine launching US-provided cluster munitions against Russian infantry as the new weapon wreaks havoc
▼ + stars: | 2023-07-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

A new video reportedly shows Ukraine launching cluster munitions against Russian infantry in the Donetsk Oblast. And now, a new video shows Kyiv is already making use of it — to devastating effects. The footage, posted by the Ukraine war monitoring account OSINTdefender, reportedly shows the first use of cluster munitions near Krasnohorivka, a city west of Donetsk and just south of Bakhmut. The spots hit by munitions pop in bright light randomly, demonstrating the chaos of using cluster bombs on the battlefield. Despite their effectiveness, especially at clearing uncovered trenches and artillery lines, cluster munitions aren't a silver bullet for Ukraine.

Persons: it'd Organizations: Russian, Service, US Locations: Ukraine, Donetsk Oblast, Wall, Silicon, Krasnohorivka, Donetsk, Bakhmut, Kyiv

☆ US-provided Bradleys are keeping troops alive through explosions and mine blasts, but Russian tactics are still knocking them out of the fight
▼ + stars: | 2023-07-20 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

US-provided Bradleys keep Ukrainian troops alive, but still get knocked out by Russian defenses. Kyiv's troops have seen the benefits of the Bradley fighting vehicles, including agile maneuverability, fire power, and strong armor. Bradley infantry fighting vehicles are operated by a three-person crew — a driver, commander, and gunner. Supply lines for parts or replacement vehicles can also impact how many Bradleys Ukraine is able to use at a given time. The US agreed to give Ukraine 50 M2A2 Bradleys in January after Germany and France transferred other fighting vehicles to Kyiv's reserves.

Persons: Bradley, they're, they've Organizations: Bradley Fighting Vehicles, Washington Post, Service, The Washington Post, Brigade, Facebook, Ukraine Locations: Wall, Silicon, Ukrainian, Ukraine, Germany, France

☆ It's not just 'Barbie' — as Hollywood goes through upheaval, brands from Nike to John Deere are becoming the new financiers of film and TV
▼ + stars: | 2023-07-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

As studios cut spending and strikes shut down production, Hollywood can take some solace — brands are coming to the rescue. Brand Storytelling is an organization that's held a festival for brand content alongside the Sundance Film Festival for the past seven years. Brand film submissions have almost tripled to 160 in the past three years, according to Rick Parkhill, director and co-founder of Brand Storytelling. "Film directors need the work," said Marcus Peterzell, who left ad giant Omnicom to found Passion Point Collective, a brand film studio, in 2019. He's since made some 36 film projects for brands.

Persons: Greta Gerwig, Kyra Sedgwick, John Deere, Kimberly Doebereiner, Chris Paul, Mattel's Robbie Brenner, There's, Jill Lubochinski, Holly Fraser, WePresent, Ron Howard, Brian Grazer's, Reese Witherspoon's, Michael Sugar's Sugar23, we've, Marc Gilbar, Matt Damon, Ben Affleck, Gilbar, that's, Rick Parkhill, Riz Ahmed, WeTransfer, Vicky Grout, Parkill, Saint Laurent, Pedro Almodóvar, David Cronenberg, They're, Marcus Peterzell, Peterzell Organizations: Hollywood, Mattel, Nike, HBO, Procter & Gamble, Tide, Gillette, G Studios, Warner Bros, Discovery, PepsiCo, REI, Dallas Buyers, Sundance, Brand, Brands Locations: —, HBO's, Hollywood

WASHINGTON, July 19 (Reuters) - The Federal Reserve said on Wednesday it fined Deutsche Bank and its U.S. affiliates $186 million for failing to sufficiently address money laundering and other shortcomings flagged by the U.S. central bank. The Fed identified the previous issues in 2015 and 2017 consent orders, which stemmed from deficient controls in Deutsche's relationship with the Estonian branch of Danske Bank which ended in 2015. In December, Danske Bank pleaded guilty to a bank fraud conspiracy and agreed to forfeit $2 billion to settle a long-running Department of Justice probe into billions of dollars of illicit payments. In its latest order, the Fed said it found a "significant portion" of the $276 billion in transactions Deutsche cleared for Danske involved "high-risk non-resident customers." Shortcomings in Deutsche's policies on money laundering persisted after its relationship with Danske ended in 2015, the Fed said.

Persons: Biden, Danske, Pete Schroeder, Richard Chang Organizations: Federal, Deutsche Bank, U.S, Fed, Danske Bank, of Justice, Danske, Thomson Locations: Estonian, Estonia, Russia

☆ Prigozhin calls Russia's war on Ukraine 'a disgrace' in another public affront despite Kremlin efforts to silence him
▼ + stars: | 2023-07-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Yevgeny Prigozhin is alive and well at a camp in Belarus with his exiled Wagner troops. In a new video, Prigozhin criticized Russia's war in Ukraine again, calling it "a disgrace." Prigozhin has repeatedly called out Russian military leadership — and lived to tell the tale. In a new video posted Wednesday, Wagner Group founder Yevgeny Prigozhin once again criticized Russia's war in Ukraine, calling it "a disgrace." Wagner troops may return to Russia, but only when they "are confident that we will not be forced to shame ourselves," he assured.

Persons: Yevgeny Prigozhin, Wagner, Prigozhin, —, he's, Wagner's, hasn't, Vladimir Putin's, Putin, weren't, Alexandr Lukashenko, haven't Organizations: Service, Wagner Group, Kremlin Locations: Belarus, Ukraine, Wall, Silicon, Africa, Russia, Russian, Moscow, St . Petersburg

☆ Russian military leaders will likely start hiding critical information from Putin to save their own necks, researcher says
▼ + stars: | 2023-07-19 | by ( Sonam Sheth | Chris Panella | ) www.businessinsider.com time to read: +4 min

Top Russian military leaders will likely start hiding information from Putin out of self-preservation, a Russia researcher wrote for NYT. Those generals are "now even more dependent on Mr. Putin for their safety and positions," she added. Indeed, as Russia is at a critical point in its war against Ukraine, Russian military officials have shown more interest in sniping at each other. "In this atmosphere of suspicion and uncertainty, where prominent generals disappear and Mr. Putin is quick to blame traitors, self-censorship among top military leaders is likely to become more prevalent," Massicot wrote in a New York Times op-ed. But even though Russia is at a critical juncture in its war against Ukraine and the Russian army continues racking up losses, Russian military leaders have focused more on sniping at one another.

Persons: Putin, Dara Massicot, Massicot, Russia's, Sergei Shoigu, Wagner, Yevgeny Prigozhin, Shoigu, Gerasimov —, Prigozhin Organizations: NYT, Service, RAND Corporation, New York Times, NATO, Russian, Mr Locations: Russia, Ukraine, Russian, Wall, Silicon

☆ British spies are using AI to disrupt Russia's shipments of critical weapons, but the technology will never replace real agents, UK spy chief says
▼ + stars: | 2023-07-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

British spies are using AI to disrupt the supply of weapons to Russia, the UK MI6 chief said. Moore said the UK and its allies are racing to "master the ethical and safe use of AI." But he also acknowledged the experimental technology won't ever replace human agents. Will AI replace spies? "However swift and all-encompassing the advance of AI, some relationships are going to stay uniquely, stubbornly human."

Persons: Moore, Richard Moore, Stefan Rousseau Organizations: MI6, Service, Privacy, British, Ukraine Locations: Russia, Wall, Silicon, Prague, Ukraine, China

☆ Alabama is trying to dodge the Supreme Court's order to stop packing Black voters into one district. It's not going to work, a law expert said.
▼ + stars: | 2023-07-19 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +5 min

Instead, the redistricting committee proposed a map that raises the number of Black voters in the second district, but doesn't give them the majority. But, according to The Hill, the team of Republicans tasked with redrawing Alabama's district map aren't listening to the Supreme Court's ruling. In this case, it's not about the percentage of Black voters in the district, Gaber said. "It is a continuation of the state's long, sordid history of disenfranchising Black voters." "To me this is evidence of purposeful discrimination at this point given what they've been told by the US Supreme Court."

Persons: John Roberts, Brett Kavanaugh, Mark Gaber, it's, Gaber, Pro Tempore Chris Pringle —, —, Pringle, Marina Jenkins, SCOTUS, they've Organizations: Service, Black, Legal, Republican, Pro Tempore, Politico, National Redistricting Foundation, Democratic, Party, Alabama, Alabama Republicans, Supreme, US Locations: Alabama, Wall, Silicon, The, Black, Alabama's, Birmingham

☆ Russian tourists need to cross active war zones in Ukraine to get to their summer vacations in occupied Crimea
▼ + stars: | 2023-07-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Russian tourists need to cross through occupied Ukraine to get to their summer holidays in Crimea. An expert told Insider that Russian tourism in Crimea is a priority for Putin and the Kremlin. "There's been a huge push on the part of Russian authorities to really sustain and even increase tourism in occupied Crimea for economic reasons, and for an integration of occupied Crimea into the larger Russian system," Hird said. Crimea is a legitimate military target for Kyiv and among the most important territories Ukraine hopes to reclaim in this war. Since the Kerch Bridge's shut down, Russian media released an instruction guide for Russian tourists traveling through occupied Ukrainian territories, Anton Gerashchenko, the advisor to the minister of internal affairs of Ukraine, tweeted.

Persons: Putin, Ukraine didn't, Karolina Hird, Evans Hanson, Vladimir Putin, There's, " Hird, We've, Hird, Anton Gerashchenko Organizations: Service, Ukrainian Security, CNN, Institute for, Russian Locations: Ukraine, Crimea, Kerch, Wall, Silicon, Russia, It's, Moscow, Kherson, Melitopol, Donetsk Oblast, Russian

☆ Ukrainians looking for missing troops are finding Nazi bullets, World War II-era trenches, and the bones of German soldiers on the battlefield
▼ + stars: | 2023-07-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Ukraine is finding Nazi bullets, WWII trenches, and the bones of German soldiers on the battlefield, the New York Times reported. Ukrainian groups trying to locate lost soldiers have found Nazi bullets, old weaponry, and even human remains from World War II, according to The New York Times. Already, the group has found more than 200 bodies from World War II, sometimes in the same trenches where the fighting is happening now, according to the outlet. "When you dig into a trench, you find a trench from World War II," director Leonid Ignatiev told the Times. More World War 2 remnants were unearthed after the Kakhovka dam was destroyed last month.

Persons: it's, Leonid Ignatiev, — Organizations: New York Times, Service, The New York Times, Times, Nazi, Ukraine's Ministry, Internal Affairs Locations: Ukraine, Wall, Silicon, Russia, Soviet Union, Soviet

☆ Drone boats give Ukraine a cheap, 'asymmetric' edge against Russia and may have just damaged a key bridge
▼ + stars: | 2023-07-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Waterborne drones are an inexpensive asset, giving Ukraine an "asymmetric" naval edge against Russia. Russia blamed Ukraine for using the drones to attack the Kerch Strait Bridge in Crimea on Monday. Waterborne drones are also inexpensive and devastating, and there are indications they were used to damage a key Russian bridge into Crimea. An anonymous source from Ukraine's Security Service also confirmed to CNN that Ukraine's naval drones carried out the attack, as did a state official. "Ukraine exploited its [the Kerch Strait Bridge] vulnerability by launching relatively cheap and inexpensive USVs in what turned out to be a successful attack," Bendett said.

Persons: There's, Samuel Bendett, —, Bendett Organizations: Service, Ukraine, Security Service, Ukraine's Security Service, CNN, Center for Naval Analyses, Russia, Kyiv, Getty Locations: Ukraine, Russia, Kerch, Crimea, Wall, Silicon, China, AFP, Moscow, Kyiv

☆ This 12-mile-bridge in Crimea is a lifeline for Russia's occupation, but attacks and damages are making it a headache for Moscow
▼ + stars: | 2023-07-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

The Kerch Bridge connecting Russia and Crimea was damaged by explosions on Monday morning. An attack on the Kerch Bridge is far from "an extraordinary event," as Sergey Aksyonov, the Russian-installed governor of Crimea, said, according to The Kyiv Post. The damage was so severe, Kerch Bridge was closed for normal vehicle traffic until February 2023 and railway traffic until May 2023. "There's been a huge push on the part of Russian authorities to really sustain and even increase tourism in occupied Crimea for economic reasons, and for an integration of occupied Crimea into the larger Russian system." But defending the Kerch Bridge is a logistical nightmare for Russia, prompting a hoard of questions.

Persons: Vladimir Putin, Putin, Karolina Hird, Evans Hanson, Sergey Aksyonov, Putin's, Samuel Bendett, ISW's Hird, There's, " Hird, who's, it's, Bendett, we've, Hird, that's Organizations: Service, Institute for, AP, Ukrainian Security, CNN, Center for Naval, International Affairs Group, Russia, Black, Fleet, Putin Locations: Kerch, Russia, Crimea, Wall, Silicon, Russian, Ukraine, Kyiv

☆ Why celebrities are on strike: Not every actor makes Tom Cruise money
▼ + stars: | 2023-07-17 | by ( Samantha Delouya | ) edition.cnn.com time to read: +9 min

However, the BLS noted in the data that actors aren’t paid full-time year-round due to the nature of the job. Screen Actors Guild members and supporters on a picket line in Times Square in New York, US, on Friday, July 14, 2023. Yuki Iwamura/Bloomberg/Getty ImagesBefore the contract between actors and movie studios officially expired this week, SAG-AFTRA members had negotiated specific minimum rates for performers. For example, an actor who worked on a television show for one week was paid a minimum of $3,756. According to Shaan Sharma, an actor and SAG-AFTRA board member, just 12.7% of SAG-AFTRA members qualify for the union’s health plan.

Persons: they’ve, Meryl Streep, Matt Damon, Fran Drescher, you’re, aren’t, Yuki Iwamura, Kellee Stewart, ”, “, Dwayne “, ” Johnson, Forbes, Johnson, Cruise, Tom Cruise, Barry Diller, ‘, ” Diller, “ I’m, Shaan Sharma, Rod McLachlan, it’s, ” McLachlan, Chris Pizzello, ” Stewart, Stewart, “ There’s, Bob Iger, ’, Iger, Netflix’s, Ted Sarandos, Greg Peters, “ Rather, AFTRA, Kevin Klowden, Klowden, Natasha Chen Organizations: CNN, SAG, Hollywood, Hollywood’s, Guild of America, US Bureau of Labor Statistics, BLS, Guild, Bloomberg, Getty, Forbes, Variety, CBS, Sunday, Paramount, Netflix, Twitter, Disney, CNBC, Walt Disney Studios, The Alliance, Television Producers, Paramount Pictures, Sony Pictures, Apple, Warner Bros, Milken Institute Locations: California, New York, Los Angeles, London, Australia, New Zealand

☆ The Phoenix Suns made it to the NBA finals in 2021 for the first time in 28 years. They had 5G to thank.
▼ + stars: | 2023-07-17 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +5 min

The Phoenix Suns made it to the NBA finals in 2021 for the first time in 28 years. In 2021, the Phoenix Suns made it to the NBA finals for the first time in 28 years. The 5G Performance Center is outfitted with several features that capture real-time player data during practice and workouts. The Suns' facility is outfitted with cameras, sensors, AI, and moreIt's a major step up from the Phoenix Suns' previous training facility, which was in the basement of the arena. For now, no other NBA training facility is using 5G in the same way.

Persons: Chris Paul, Brian Mecum, Mecum Organizations: Phoenix Suns, NBA, Verizon, Suns

The crypto industry is in a tug-of-war with the SEC and its Democratic chair Gary Gensler, who has described the crypto market as a "Wild West" riddled with fraud. Saying most crypto tokens are securities, the SEC has cracked down on crypto trading platforms, including the top U.S. exchange Coinbase, in an effort to bring the industry under its oversight. Crypto firms have long disputed the SEC's jurisdiction but until Thursday no court had supported that view. The two sources, for example, said firms are considering ways to use the Judge's ruling for their defense. However, she also ruled Ripple's direct sales of XRP to investors should have been registered as securities, handing the SEC a partial victory.

Persons: Coinbase, Gary Gensler, Robert Frenchman, Mukasey Frenchman, Analisa Torres, XRP, Crypto, Teresa Goody Guillén, Spokespeople, Binance, Carol Goforth, Stuart Alderoty, Philip Moustakis, Jody Godoy, Chris Prentice, Hannah Lang, Tom Hals, Michelle Price, David Gregorio Our Organizations: U.S . Securities, Exchange Commission, SEC, Ripple Labs, Democratic, Mukasey Frenchman LLP, San Francisco, U.S, District, Baker, Hostetler, University of Arkansas, Reuters, Circuit, Seward, Washington , D.C, Thomson Locations: Mukasey, New York, Washington, New York , Connecticut, Vermont, Washington ,

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