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☆ How the Hollywood Strikes Could Affect Fall Festivals and Oscar Season
▼ + stars: | 2023-07-16 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +2 min

With summer movie season at its midpoint, Hollywood typically begins to turn its gaze toward the fall, when a trio of major film festivals acts as the unofficial kickoff to Oscar season. That’s because SAG-AFTRA is prohibiting members from promoting any film while the strike is on, an across-the-board ban that includes interviews, photo calls and red-carpet duties. Without those appearances, festivals will be sapped of the star power that is invaluable to raising a film’s profile. The first event that will probably be affected is the Venice Film Festival, which begins its 80th edition on Aug. 30 with the premiere of the sexy tennis comedy “Challengers,” starring Zendaya. Venice has lately rivaled Cannes for glamour and headlines, so the loss of famous actors would be a big blow.

Persons: ”, Zendaya, Brendan Fraser, Harry Styles, Chris Pine, Florence Pugh Organizations: SAG, Writers Guild of America, Cannes Film, Venice Film Locations: Hollywood, Venice, Telluride, Colo, Toronto, Cannes

☆ These 9 House Democrats voted to block 'race-based theories' from being taught in military-run schools
▼ + stars: | 2023-07-14 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

9 Democrats voted for an amendment to block "race-based theories" from schools run by the military. GOP Rep. Chip Roy gloated that those Democrats were "feeling heat from their own constituents." The amendment passed and was added to the NDAA, which cleared the House on Friday morning in a mostly party-line vote. Two of them, Perez and Golden, recently voted to block President Joe Biden's student debt relief plan. "I think that's an appropriate affirmation for military schools at a time when both the military and schools are under increasing political pressure from bad actors on the right," he added.

Persons: Chip Roy gloated, Jake Auchincloss, Chip Roy, Roy, Massachusetts Henry Cuellar, Massachusetts Henry Cuellar of Texas Jared Golden, Maine Seth Moulton of, Maine Seth Moulton of Massachusetts Wiley Nickel, Carolina Chris Pappas, New Hampshire Marie Gluesenkamp Perez, Washington Kim Schrier, Perez, Joe Biden's, Nickel, —, Auchincloss, Moulton Organizations: GOP, Democratic, Service, Nine, Republican, Caucus, National Defense, Department of Defense Education, Carolina, Washington, Republicans, Senate Locations: Wall, Silicon, Texas, United States, Massachusetts, Massachusetts Henry Cuellar of Texas, Maine Seth Moulton of Massachusetts, New Hampshire, Moulton, America

NEW YORK, July 13 (Reuters) - Alex Mashinsky, founder and former CEO of bankrupt cryptocurrency lender Celsius Network, pleaded not guilty Thursday to U.S. fraud charges that he misled customers and artificially inflated the value of his company's propriety crypto token. Three federal regulatory agencies also sued Mashinsky and Celsius in connection with the case. Mashinsky, 57, was charged with seven criminal counts - including securities fraud, commodities fraud and wire fraud - according to an indictment unsealed earlier on Thursday. Its founder Sam Bankman-Fried was charged with fraud last year, and has pleaded not guilty. "Whether it's old-school fraud or some new-school crypto scheme, it doesn't matter one bit.

Persons: Alex Mashinsky, Mashinsky, Sam Bankman, Fried, Ona Wang, Roni Cohen, Pavon, Cohen, Damian Williams, Williams, Hannah Lang, Luc Cohen, Chris Prentice, Elizabeth Howcroft, Chizu Nomiyama, Michelle Price, Jonathan Oatis Organizations: YORK, Prosecutors, U.S . Securities, Exchange Commission, SEC, Futures Trading Commission, Federal Trade Commission, U.S, Thomson Locations: Manhattan, Israeli, U.S, Hoboken , New Jersey, Washington, New York, Bengaluru, London

July 13 (Reuters) - Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday, while three federal regulatory agencies sued him and his company. Mashinsky, 57, was charged with seven criminal counts - including securities fraud, commodities fraud and wire fraud - while Celsius' former chief revenue officer, Roni Cohen-Pavon, was charged with four criminal counts, according to the indictment, which was unsealed on Thursday. Its founder Sam Bankman-Fried was charged with fraud last year, and has pleaded not guilty. Crypto lenders such as Celsius grew rapidly as crypto prices surged during the COVID-19 pandemic. The U.S. Commodity Futures Trading Commission and the Federal Trade Commission also sued Celsius and Mashinsky.

Persons: Alex Mashinsky, Roni Cohen, Pavon, Cohen, Sam Bankman, Fried, Mashinsky, Niket, Hannah Lang, Elizabeth Howcroft, Chris Prentice, Shinjini Ganguli, Chizu Nomiyama, Jonathan Oatis Organizations: Mashinsky, Attorney's, Prosecutors, U.S . Securities, Exchange Commission, SEC, Arrows Capital, U.S . Commodity Futures Trading Commission, Federal Trade Commission, FTC, Network, Coinbase, Arbinet, Transit Wireless, Thomson Locations: U.S, New York, Manhattan, New Jersey, cryptocurrency, Singapore, Bengaluru, Washington, London

☆ US officials almost altered plans for Ukraine's NATO membership timeline after Zelenskyy's fiery tweet: report
▼ + stars: | 2023-07-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Zelenskyy called the invitation "unprecedented and absurd," but his tone changed during the summit. He expressed frustrations at NATO's proposed timeline for Ukraine's membership — which, given the final copy of the summit's communiqué, isn't really a timeline at all. "It's unprecedented and absurd when time frame is not set neither for the invitation nor for Ukraine's membership. "This means that a window of opportunity is being left to bargain Ukraine's membership in NATO in negotiations with Russia. Prior to Kyiv arriving, there were informal discussions on how best to respond, leading to US officials suggesting they revisit or remove any mention of Ukraine's invitation to membership at all.

Persons: invitiation, Zelenskyy, Volodymyr Zelenskyy's, —, NATO's, isn't, George W, Vladimir Putin Organizations: Washington Post, White House, NATO, Service, Alliance, Kyiv Locations: Ukraine, Wall, Silicon, Lithuania, NATO, Russia, Kyiv, Crimea, Ukraine's

☆ After days of anticipation, many folks won't get to see the northern lights. Here's why.
▼ + stars: | 2023-07-13 | by ( Chris Panella | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

This week's forecast for seeing the northern lights across the US was hopeful, but it's now unlikely. Predictions for a stunning display of the northern lights across the continental US this week were promising, but forecasters say it's unlikely now. Usually the northern lights are only visible north of the continental US, in snowy Arctic regions. Scientists rely on observations of space and solar activity in order to forecast the northern lights, but things can change quickly. Even in the days and hours leading to a possible appearance of the northern lights, it's still difficult to predict them.

Persons: it's, Bill Murtagh, Murtagh Organizations: Service, National Oceanic, Prediction, USA, Experts, NASA Solar Dynamics Locations: Maryland, Annapolis , Maryland, Arizona

CompaniesLaw Firms Ripple Labs Inc FollowCoinbase Global Inc FollowJuly 13 (Reuters) - Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring. An SEC spokesperson said the agency was pleased with part of the ruling in which the judge held that Ripple violated federal securities law by selling XRP directly to sophisticated investors. XRP sales on cryptocurrency platforms by Garlinghouse and co-founder and former CEO Chris Larsen, and other distributions including compensation to employees also did not involve securities, Torres ruled. PARTIAL WIN FOR THE SECThe SEC won a partial victory as Torres found the company's $728.9 million of XRP sales to hedge funds and other sophisticated buyers amounted to unregistered sales of securities. Both the Ripple and Coinbase cases focus on registration requirements and whether certain digital assets are securities under U.S. law.

Persons: XRP, Analisa Torres, Brad Garlinghouse, We’ve, Torres, Paul Grewal, Chris Larsen, Garlinghouse, Larsen, Gary DeWaal, Rosenman, Tom Emmer, Jody Godoy, Chris Prentice, Tom Hals, Chizu Nomiyama, Conor Humphries, Leslie Adler, David Gregorio Our Organizations: Labs, Ripple Labs, U.S, District, U.S . Securities, Exchange Commission, SEC, Twitter, Supreme, WIN FOR, Republican, Thomson Locations: U.S, XRP, Katten, New York, Wilmington , Delaware

☆ Microsoft discovered US state department emails were being hacked by China — and the investigation began the same day Blinken visited Beijing
▼ + stars: | 2023-07-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

It started investigating on June 16, the same day Secretary of State Blinken traveled to China. In a Wednesday press briefing, the US State Department would not confirm who was behind the attacks. Bell said in his blog that Microsoft's investigation found that the hacks traced back approximately a month before June 16. In a statement to Insider, the State Department said it immediately took steps to secure its systems after detecting anomalous activity. The State Department's investigation into the hack is ongoing, Miller added.

Persons: it'd, Blinken, Antony Blinken, Charlie Bell, —, Bell, Matthew Miller, Miller, We've Organizations: Microsoft, US State Department, Service, Blinken's, The New York Times, State Department, Department Locations: China, Wall, Silicon, Beijing, Russia, Ukraine, PRC, People's Republic of China, Storm

☆ Ukraine's future in NATO is in a precarious position, and right now, neither Putin nor Zelenskyy is happy
▼ + stars: | 2023-07-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Ukraine's future in NATO is up in the air, leaving neither Putin nor Zelenskyy happy. Meanwhile, Zelenskyy has expressed frustration and disappointment over NATO's timeline for Ukraine's membership. "It's unprecedented and absurd when time frame is not set neither for the invitation nor for Ukraine's membership. "No Russian leader could stand idly by in the face of steps toward NATO membership for Ukraine. And although Zelenskyy softened his criticism of the alliance's membership plans by the end of the summit, the war is dragging on — and Ukraine's NATO future is murky.

Persons: Putin, Zelenskyy, Volodymyr Zelenskyy, Vladimir Putin, Abrams, Serhii Mykhalchuk, William J, Burns, Putin's ramped Organizations: NATO, Service, Ukraine, Alliance, Storm, Soviet Union nations —, Russia Council, Soviet, Ukraine's, The New York Times, decapitate Locations: Russia, Ukraine, Wall, Silicon, Lithuania, NATO, Kyiv, Russian, NATO's, Bucharest, Georgia, Crimea

☆ The US isn't too concerned about creating a lasting nightmare for Ukrainian civilians with mines and bomblets because Russia already did it
▼ + stars: | 2023-07-11 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

US officials have broadly dismissed concerns around the indiscriminate risk of cluster bombs to civilians. Ukraine will use US-provided cluster munitions in specific situations, US officials said. The remains of artillery shells and missiles including cluster munitions are stored on December 18, 2022 in Toretsk, Ukraine. It could be near the soaring failure rate for Russia's cluster munitions, alleged to be as high as 40%. These include Russian antipersonnel mines, but also a variety of cluster munitions.

Persons: —, they're, Antony Blinken, Blinken, Joe Biden, Pierre Crom, Jake Sullivan, Sullivan, they'll, YASUYOSHI CHIBA, Colin Kahl, I'm, Kahl Organizations: Service, US, NATO, MSNBC, Rights Watch, National, Ukraine, Getty, Cluster Munitions, Human Rights Watch, World Bank Locations: Russia, Ukraine, Wall, Silicon, Lithuania, Toretsk, Izium, Zarichne, AFP, Lebanon, Crimea, Russian

☆ A Russian sub commander was shot to death while on a morning run inside Russia — and Ukrainian intelligence knows surprising details about his killing
▼ + stars: | 2023-07-11 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

A Russian submarine commander was shot dead while on a morning run inside Russia. Ukrainian intelligence shared details about the killing but didn't take responsibility. But it seems that Ukrainian intelligence is already ahead of them. It's unclear if the assailant knew about Rzhitsky's Strava account or whether it was used in the killing. While Ukrainian intelligence didn't immediately take responsibility for Rzhitsky's death, the head of Ukraine's military intelligence service has previously said that his assassins had been successfully targeting pro-Russian war propagandists inside Russia's borders away from the frontlines.

Persons: Stanislav Rzhitsky, Rzhitsky, there'll, Makarov, Rzytsky, didn't Organizations: Kyiv Post, Service, TASS, Ukraine's Defense Intelligence, of Culture Locations: Russian, Russia, Ukrainian, Kyiv, Wall, Silicon, Krasnodar

July 11 (Reuters) - Bank of America on Tuesday agreed to pay $250 million in fines and compensation to settle claims the bank systematically double-charged customers fees, withheld promised credit card perks, and opened accounts without customer authorization. Consumers could not reasonably expect or understand they would be hit with $35 fees each time the bank declined to pay a single transaction, regulators said. In a statement, Bank of America said it voluntarily eliminated or reduced a range of fees last year. The accounts represented a "small percentage" of new accounts at the bank, regulators said. As a result of these industry leading changes, revenue from these fees has dropped more than 90 percent," Bank of America said in a statement.

Persons: Rohit Chopra, Rami Ayyub, Chris Prentice, Saeed Azhar, Jonathan Stempel, Emma Rumney, Michelle Price, Sharon Singleton, Emelia Organizations: Bank of America, Consumer Financial Protection Bureau, Currency, OCC, Thomson Locations: Charlotte , North Carolina

☆ Private jets are descending on a small-town airport as the 'summer camp for billionaires' kicks off
▼ + stars: | 2023-07-11 | by ( Grace Kay | Taylor Rains | ) www.businessinsider.com time to read: +4 min

Private jets are already arriving in Sun Valley, Idaho ahead of the "summer camp for billionaires." Private jets have already begun piling up outside of small town Sun Valley, Idaho as some of the world's most powerful people head to Allen & Co's annual conference — also known as "summer camp for billionaires." Since Tuesday morning, over 40 private jets have flown through the nearby Friedman Memorial Airport ahead of the conference, with at least another 100 scheduled to arrive throughout the day, according to FlightAware. In 2021, the airport was so swamped with private jets that the FAA had to delay incoming flights until traffic dropped. Amazon founder Jeff Bezos and OpenAI CEO Sam Altman are expected to attend the event, according to Bloomberg.

Persons: Bill Gates, Jeff Bezos, Mark Zuckerberg, —, Drew Angerer, Tim Cook —, Louis Vuitton, Bernard Arnault, Chris Pomeroy, he's, Pomeroy, Sam Altman, Bob Iger Organizations: Private, Allen, Friedman, Federal Aviation Administration, FAA, Nike, The New York Times, Staff, Getty, Embraer, Cessna, Bombardier Global, Apple, Sun, Friedman Memorial Airport, New York Times, The Washington Post, ABC, Amazon, Bloomberg, Disney, Variety Locations: Sun Valley , Idaho, Valley , Idaho, Friedman, Sun Valley

☆ Ukraine's counteroffensive is facing off against Wagner's successor group, Storm Z, on the outskirts of Bakhmut
▼ + stars: | 2023-07-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Ukraine's counteroffensive is running into Wagner's successor group, Storm Z, in Bakhmut. The group is mostly conscripts, reservists, and convicts, The Washington Post said. Storm Z, however, doesn't consist of mercenaries like Wagner, which defined itself with a culture of extreme violence. Ukraine has said that Storm Z shows extremely low combat capability, according to a press release translated by Pravada. Wagner troops declared victory in Bakhmut — a once-bustling city now a ghost town left in ruins — in May.

Persons: Storm Z, Wagner, Pravada, Bakhmut —, Yevgeny Prigozhin's Organizations: Washington Post, Service, Ukraine, Storm, Wagner Group, Main Intelligence, Ministry of Defense, Russian Locations: Bakhmut, Ukraine, Wall, Silicon, Russian, —, Russia

☆ Bad weather and Russian jammers prevent Ukraine from using its precious drones to retake area around the ruins of Bakhmut
▼ + stars: | 2023-07-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Bad weather and Russian jammers are preventing Ukraine from using precious drones around Bakhmut. Ukraine's counteroffensive is heavily relying on drones for air power, The Washington Post reported. Kyiv's forces remain posted around the outskirts and villages outside of the ruined city of Bakhmut. Experts say part of the problem is Ukraine's lack of advanced air support, such as Army Tactical Missile Systems (ATACMS) and Gray Eagle drones. Ukraine's biggest air asset right now is its UK-provided Storm Shadow missiles, which have seen major battlefield success in recent weeks.

Persons: they're Organizations: Washington Post, Service, Army Tactical Missile Systems, Shadow Locations: Ukraine, Bakhmut, Wall, Silicon, Russian, Russia

☆ Supposedly exiled Wagner boss Prigozhin pledged his loyalty to Putin in a face-to-face meeting just days after he ignited an armed revolt, Kremlin says
▼ + stars: | 2023-07-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Putin met with Prigozhin and Wagner commanders days after their failed mutiny, the Kremlin said. Wagner commanders, including Prigozhin, pledged their loyalty to Putin. Russian President Vladimir Putin and Wagner boss Yevgeny Prigozhin met face-to-face for a lengthy talk just days after the mercenary group's failed mutiny last month. On Monday, Kremlin spokesman Dmitri S. Peskov said Putin, Prigozhin, and other Wagner commanders met for three hours in the Kremlin on June 29, according to TASS. Then, Putin offered Wagner commanders "further options for employment and further use in combat," Peskov said, while Wagner — including Prigozhin — pledged their loyalty to Putin.

Persons: Putin, Prigozhin, Wagner, Vladimir Putin, Yevgeny Prigozhin, group's, Dmitri S, Peskov, Prigozhin — Organizations: Service, TASS, Prigozhin, Russian, Fatherland Locations: Wall, Silicon, Kremlin, Belarus, Moscow, St . Petersburg, Ukraine, Russian

☆ Mark Zuckerberg concealed his kids’ faces on Instagram. Should you?
▼ + stars: | 2023-07-09 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

From zuck/InstagramFor years, celebrities from Kristen Bell and Gigi Hadid to Chris Pratt and Orlando Bloom have been blurring images or using emojis to help protect their kids’ privacy on social media. Zuckerberg, too, had previously posted pictures of the back of his daughters’ heads and their side profiles rather than showing their entire faces. Some parents choose to either restrict how much they share about their kids or limit sharing to less public platforms. Plunkett believes social media companies can do more, such as offering a setting that automatically blurs kids’ faces or prevents any picture with a child from being used for marketing or advertising purposes. For now, however, the onus remains on parents to limit or abstain sharing photos of their kids online.

Persons: Mark Zuckerberg, Kristen Bell, Gigi Hadid, Chris Pratt, Orlando Bloom, Zuckerberg, ’, ”, Alexandra Hamlet, Meta, Leah Plunkett, “, Plunkett, “ It’s, – Organizations: CNN, Meta, Harvard Law School Locations: New York City

Tesla, which had previously stopped the referral program as it was too expensive, up to now has focused on real-time adjustments to prices posted on its websites. It revived the referral program recently to boost sales, analysts said. The EV sales market globally has become more competitive, forcing automakers to cut prices or boost incentives in several markets. The automaker has used its industry-leading profit margins as a weapon in the EV price war, putting pressure on both legacy automakers as well as cash-strapped EV startups. A number of Tesla owners in China posted their referral codes online and invited others to use them.

Persons: Tesla, Elon Musk, Garrett Nelson, Nelson, Needham, Chris Pierce, Ford, Chavi Mehta, Hyunjoo Jin, Shounak Dasgupta Organizations: Tesla, Thomson Locations: cashback, U.S, United States, China, Germany, France, Canada, Mexico, Hong Kong, Singapore, Bengaluru, San Francisco

☆ The US is finally giving Ukraine's military cluster munitions, deadly and controversial explosives that could be 'devastating' for Russia
▼ + stars: | 2023-07-07 | by ( Chris Panella | Jake Epstein | Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

The US announced a new weapons package that includes cluster munitions for Ukraine on Friday. Cluster munitions are deadly and controversial, but they could boost Ukraine's counteroffensive. The White House and Pentagon announced a new $800 million security assistance package for Ukraine on Friday that, for the first time, includes cluster munitions. Cluster munitions can be dropped from the air or fired as artillery and deal damage over a larger area. Photo by Pierre Crom/Getty ImagesDue to their range and movement, cluster munitions can be unpredictable and hit outside their intended target.

Persons: —, Kurt Volker, Federico Borsari, it's, Wojciech Grzedzinski, Ben Hodges, Borsari, hasn't, Pierre Crom, Biden, Jake Sullivan, Sullivan, willy nilly, Colin Kahl, I'm, Kahl Organizations: US, — Kyiv, Service, Pentagon, Ukraine, NATO, Army Tactical Missile Systems, Center for, The Washington, Getty, Army, Kyiv, Munitions, Amnesty, Rights Watch, National Locations: Ukraine, Hai, Lebanon, Russia, Toretsk, Izium

☆ Only around half of heavy weapons committed to Ukraine have been delivered, experts say: 'The gap between promised and delivered military aid is wide'
▼ + stars: | 2023-07-07 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukraine's allies have only sent it around half the heavy weapons promised, experts said. Ukraine's counteroffensive has moved slowly, and the country is requesting additional weaponry. "In general, only slightly more than half of the heavy weapons committed have been delivered. Christoph Trebesch, the head of the team creating the tracker, said "the gap between promised and delivered military aid is wide." Experts told Insider's Chris Panella last month that NATO allies' hesitation in giving it more weapons is likely hindering Ukraine's counteroffensive efforts.

Persons: —, Christoph Trebesch, Bradley IFVs, Valerii, Volodymyr Zelenskyy, Insider's Chris Panella Organizations: Service, Kiel Institute, Russian, Shadow, Russia, CNN, NATO Locations: Germany, Kiel, Ukraine, United States, Czech Republic, Slovenia, Poland, Slovakia, Russia

☆ No Russian ammo depots would be safe in Ukraine if the US provided longer-range HIMARS missiles and better drones, retired US general says
▼ + stars: | 2023-07-05 | by ( Jake Epstein | Chris Panella | ) www.businessinsider.com time to read: +6 min

ATACMS and new drones would allow Kyiv hit all Russian positions in Ukraine, a retired US general said. The Biden administration has been reluctant to send longer-range missiles and drones to Ukraine. Retired Lt. Gen. Ben Hodges told Insider that Washington is likely concerned about Russian escalation. ATACMS in particular could make it easier for Ukraine to target the occupied Crimean peninsula and Russia's Black Sea Fleet. "Because we, the US, have continued to refuse to provide ATACMS, we have, in effect, created a safe haven for the Russians inside Ukraine.

Persons: Biden, Ben Hodges, —, it's, Hodges, Serhii Mykhalchuk, Pat Ryder, Mark Milley, ATACMS, they've, Abrams, Vladimir Putin Organizations: Service, Army Tactical Missile, US Army, Army, Getty, Street, Pentagon Press, Air Force, Joint Chiefs, Staff, Artillery, Shadow, AP, NATO, Kyiv Locations: Ukraine, US, Washington, Moscow, Russian, Army Europe, Kyiv, ATACMS, Crimean, Ukrainian, Odesa, Sevastopol, Donetsk Oblast, Zaporizhzhia region, Russia

☆ Rivian is a stock everyone bailed on and people are realizing it has momentum, says Needham's Pierce
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRivian is a stock everyone bailed on and people are realizing it has momentum, says Needham's PierceChris Pierce, Needham senior research analyst, joins 'Power Lunch' to discuss Pierce's 'hold' rating on Tesla and his 'buy' rating on Rivian, Tesla's bad year in 2022, and what role competition plays for Tesla.

Persons: Needham's Pierce Chris Pierce, Needham, Tesla Organizations: Tesla

☆ NHS at 75: Vintage photos document the birth of free healthcare in Britain
▼ + stars: | 2023-07-05 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

Published ahead of this week’s anniversary, new book “The NHS” brings together over 100 photos from the service’s early decades. A patient with a chest specialist at a Bristol health center inspect a chest X-ray in July 1948, the month the NHS launched. Popperfoto/Getty ImagesNurses cradle the first babies to be born under the new National Health Service on 5th July 1948. Had they been born a day earlier, they would have cost their families one shilling and sixpence, according to new book "The NHS." The postwar decades saw the NHS recruit heavily from Commonwealth and Caribbean countries to meet a shortfall in nursing staff.

Persons: ”, Lucy Davies, Sydney O'Meara, Frederick West, Britain's, Aneurin Bevan, Popperfoto, Chris Porsz, George W, Hales Organizations: CNN, National Health Service, Hoxton Mini Press, NHS, Getty, St Thomas ' Hospital, Heritage, Partnership, Nurses, Hulton, National Heart Hospital, Rolls Press, Brook General Hospital ,, British Drug Houses, Trinity, Walsgrave Hospital Locations: Britain, Bristol, London, Brook General Hospital , London, Commonwealth, Caribbean, Coventry

July 3 (Reuters) - Rivian Automotive (RIVN.O) beat market estimates for second-quarter deliveries on higher production and stable demand for its electric vehicles, sending the company's shares up more than 14% on Monday. Rivian, which makes R1T pickup trucks and R1S SUVs, delivered 12,640 vehicles in the second quarter, compared with Visible Alpha estimates of 11,000 vehicles. The company made 13,992 vehicles at its facility in Normal, Illinois, which was 4,597 more than in the first quarter. Rivian's production and delivery numbers come just a day after Tesla beat estimates with record deliveries in the second quarter. Rivian posted a smaller loss in the first quarter in May and its finance chief said last month the company expects demand to remain stable through 2023.

Persons: Tesla, Rivian, Needham, Chris Pierce, Danni Hewson, AJ Bell, Chavi Mehta, Vinay Dwivedi, Shounak Organizations: Rivian, EV, Thomson Locations: Normal , Illinois, Bengaluru

☆ Despite the pandemic and inflation, medical tourism is booming
▼ + stars: | 2023-07-03 | by ( Emaad Akhtar | ) www.cnbc.com time to read: +2 min

Chris Pochiba is a social media influencer who traveled to South Korea for laser eye surgery in 2022. His wife, Sara Aho, explained why they chose South Korea, instead of other destinations. The Covid-19 pandemic, however, halted international travel — and, by extension, patient inflows — disrupting what was at the time a booming industry worth more than $70 billion. "We came back with less people, made more revenue than 2019, last year of 2022," Paul McTaggart, CEO and founder of medical travel agency Medical Departures, told CNBC. Paul added: "As you're seeing inflation at the pump, at the grocery store, you're also seeing it at the hospital.

Persons: Chris Pochiba, influencer, Sara Aho, Aho, Paul McTaggart, Paul, we've Organizations: CNBC Locations: Turkey, Switzerland, South Korea, Korea, Mexico, Costa Rica, India, Thailand

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