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☆ Russia is using devastating 'meat assault' attacks to find out where Ukraine's firepower is hidden: report
▼ + stars: | 2024-07-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Russia is using waves of troops in head-on "meat assault" attacks, the BBC said. Russia's using them to identify Ukrainian firepower positions, an officer told the outlet. Around 1,000 Russian troops a day are being killed or injured, reports say. AdvertisementRussia is using head-on attacks by waves of troops to identify Ukrainian firepower positions, a Ukrainian officer told BBC News. In a report on Russia's brutal front-line tactics near Kharkiv in Ukraine, troops described the waves of Russian attacks on their positions, describing them as "meat assaults."

Persons: —, Col Anton Bayev Organizations: BBC, Service, BBC News, Khartia Brigade, Ukraine's National Guard, Business Locations: Russia, Ukrainian, Kharkiv, Ukraine

Japan scrapped every regulation requiring the use of floppy disks for administrative purposes this week, catching up with the times 13 years after the country’s producers manufactured their last units. The floppy disk, invented in the 1970s, was once a ubiquitous part of computing. In the 1990s, along with the cassette tape, it was thrown into the dustbin of outdated tech. While renowned for its consumer electronics giants, robots and some of the world’s fastest broadband networks, the country has also been wedded to floppy disks and other old technologies like fax machines and cash. Japan began moving away from the 1900s storage devices, magnetic disks encased in plastic, just two years ago, when Taro Kono, the country’s digital minister, declared a “war on floppy disks.”

Persons: Taro Kono Locations: Japan

☆ Small apartments are in, and it's causing rents in new buildings to drop
▼ + stars: | 2024-07-05 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

Developers have built a lot of new small apartments over the last few years, and the boost in supply has driven rents down. Rents for newly finished one-bedroom apartments are also falling — the median rent fell 11.9% year over year in the first quarter of 2024, the report found. More than 90,000 new apartments came online in the fourth quarter of 2023, finishing a big year of apartment construction, Redfin noted. The Redfin report is based on US Census data on "unfurnished, unsubsidized, privately financed rental apartments in buildings with five or more units." Studios and one-bedrooms tend to be more profitable for developers to build than larger apartments, and developers aren't building enough apartments suitable for big families.

Persons: Redfin, you've, Sheharyar Bokhari, — Organizations: Service, Business, Harvard Locations: Redfin

☆ The AI boom will push America's shaky power grid to its limit
▼ + stars: | 2024-07-04 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

The artificial intelligence boom is straining America's power grid. All three trends have sparked ongoing concerns about the power-hungry nature of new technologies as they push America's shaky power grid to the limit. And with hundreds of millions of users already interacting with AI tools like ChatGPT, the power demand for AI technologies is only set to rise. Bank of America put into perspective the challenges faced by the power grid as it grapples with surging demand from AI data centers. AdvertisementSome eye-opening stats about the US power grid cited by Bank of America include:"The US grid produces 1,250 gigawatts (GW) of electricity from 9,200 generating units.

Persons: Baird, Ted Mortonson, —, Mortonson, Goldman Sachs Organizations: Service, Bank of America, Oracle, Wall Street Journal, Constellation Energy, Xcel Energy, NextEra, Southern Co Locations: Michigan, Pennsylvania, East, NextEra Energy

☆ Tensions with Iran spotlight Israel's hidden nuclear arsenal
▼ + stars: | 2024-07-04 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

AdvertisementBy invoking doomsday weapons, it was clear Katz was alluding to Israel's nuclear weapons arsenal — an arsenal over which neither he nor IAI have any command-and-control. There are eight countries in the world with declared nuclear arsenals, four of which — the United States, China, India, and Russia — have a complete nuclear triad. Israel's triad has some notable distinctions and limitations compared to those of the other four. "Israel's nuclear triad bears the hallmarks of a regional nuclear triad as seen in India and Pakistan, rather than seeking globe-spanning strike capability," Sebastien Roblin, a widely published military-aviation journalist, told Business Insider. "Israel's nuclear deterrent is not designed to ward off great powers like Russia or China, but rather regional powers like Egypt and Iran," Bohl told BI.

Persons: —, Yair Katz, Israel, Katz, Russia —, Sebastien Roblin, Roblin, Ryan Bohl, RANE, Bohl, Nir Ben, Yosef Organizations: Service, Business, Israel Aerospace Industries Workers ' Council, Iran's United Nations, IAI, Jericho, Israel Aerospace Industries, Dolphin, East, Facebook, Air Force's, Israel, US Air Force, IAF, nukes Locations: Israel, Lebanon, Iran, Yemen, Syria, Iraq, United States, China, India, Russia, Pakistan, North Africa, Egypt, Jericho

☆ Why so much is riding on the 777X, Boeing's newest long-haul plane that is already 5 years late and costing billions
▼ + stars: | 2024-07-04 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

The FAA slowed deliveries after the Alaska Airlines door plug blowout in January and capped Boeing's 737 production. AdvertisementA lot is riding on the new 777X, including proving its modified design was the right strategy over building a new plane from scratch. Boeing's last completely new widebody plane was the 787 way back in 2003. The Boeing 777X's 10-abreast cabin mockup on display at Aircraft Interiors Expo in 2022. Georg Wendt/picture alliance via Getty ImagesDespite the substantial investment, Emirates president Tim Clark has voiced his concern over Boeing's 777X delays.

Persons: —, Richard Aboulafia, there's, it's, Thiago B Trevisan, Julien de Rosa, ROSLAN RAHMAN, Max —, Max, Georg Wendt, Tim Clark, Clark, Aboulafia Organizations: Service, British Airways, Emirates, Singapore Airlines, Business, Boeing, FAA, Alaska Airlines, Airbus, Korean Air, Delta Air Lines, Lufthansa, Air New Zealand, Getty, Aviation, Etihad Airways, Aircraft, Reuters, Air Locations: Korean, AFP, Qatar

CNN —Israel’s government has approved a large land seizure in the occupied West Bank – the biggest since the 1993 Oslo Accords set out a path for peace between Israel and the Palestinians, according to the Israeli rights group Peace Now. The declaration covers a 1,270 hectare (3,138 acre) section of the Jordan Valley in the eastern West Bank near Jericho, the document from the Civil Administration shows. Once land is designated as state land, Israel no longer recognizes it as privately owned by Palestinians. Smotrich spoke about preventing the occupied West Bank from becoming a part of an independent Palestinian state, according to leaked audio of a speech he gave in June. On Sunday, Israel sparked condemnation after the finance minister announced plans to legally recognize five unauthorized Jewish settlements in the occupied West Bank.

Persons: CNN —, wasn’t, ”, Bezalel Smotrich, Smotrich, Israel Organizations: CNN, West Bank, Civil Administration, Israel, Israel’s Civil Administration, Peace, Planning, Israel’s, Defense Ministry, Higher Planning Locations: Oslo, Israel, Jordan, West Bank, Jericho, Palestinian

☆ The five secrets to Ferrari’s success as a luxury brand
▼ + stars: | 2024-07-04 | by ( Robert Frank | ) www.cnbc.com time to read: +10 min

In this article RACE-IT Follow your favorite stocks CREATE FREE ACCOUNTwatch nowIn the world of luxury, Hermès is arguably the gold standard. Analysts predict Hermès could surpass Louis Vuitton in revenue within the next three years as the world's largest luxury brand. There is one luxury company, however, that has raced past Hermès when it comes to growth and brand cache – Ferrari. To better understand what makes Ferrari a luxury brand, CNBC traveled to Ferrari headquarters in Maranello, Italy, to interview the company's CEO, Benedetto Vigna. "A luxury company is a company that is using technology, innovation, storytelling, heritage, everything, with the ultimate goal to feed that emotional side that we all have."

Persons: Birkin, Louis Vuitton, Hermès, Enzo Ferrari, Ford, Ferrari, Bernstein, Luca Solca, Benedetto Vigna, Robert Frank, Vigna, Adam Jeffery, Solca, Ferraris, Martyn Lucy, Bernard Arnault, Crystal Lau, Francesca Volpi Organizations: Ferrari, New York Stock Exchange, General Motors, CNBC, Ferraris, Goodwood Festival, Getty, Spiders, Rolex, Hermès, Bloomberg Locations: Maranello, Italy, Geneva, Chichester , England, it's, California, Roma

☆ AI data centers could add 3 New York Cities of demand to the power grid in 2 years
▼ + stars: | 2024-07-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

So far, the only part of Earth AI seems hell-bent on dominating is the power grid. AI data centers are doubling the pace of electricity demand growth in the US to the extent that demand could exceed supply in just two years without action, according to Bernstein Research. The potential shortfall could mean higher prices for the computing power AI developers of all sizes are clamoring for, along with ample opportunity for investors willing to build up supply. How are AI companies planning aheadIt's not just the total power needed for AI computing infrastructure, it's the unique cadence of the power need and the cooling AI chips require. Amazon is clearing some of these hurdles by colocating some data centers with nuclear power sites.

Persons: —, that's, catchup, Bernstein, Jensen Huang, Huang, Agrawal, we're, Andrew Feldman, Feldman Organizations: Service, Bernstein Research, Business, Nvidia, Vertiv, Lambda, Cerebras Systems Locations: UAE, South Africa, Kenya, Nigeria, Egypt, Iceland

☆ Now we know how much it costs to make a $2,800 Dior bag
▼ + stars: | 2024-07-03 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Prosectors said these companies exploited workers to pump out bags for a small fraction of their store price. According to documents examined by authorities, Dior paid a supplier $57 to produce bags that retail for about $2,780, Reuters reported last month. Court documents showed that Dior, a subsidiary of LVMH, submitted a memo highlighting its supply chain improvements, the Wall Street Journal reported Tuesday. Advertisement"It's not something sporadic that concerns single production lots, but a generalized and consolidated manufacturing method," said court documents seen by Reuters about the decision to place Dior under administration. "The main problem is obviously people being mistreated: applying labour laws, so health and safety, hours, pay," Milan Court President Fabio Roia told Reuters earlier this year.

Persons: —, LVMH, Prosectors, Dior, Giorgio Armani, Armani, Fabio Roia, Bernard Arnault, Delphine Organizations: Service, Business, Reuters, LVMH, Wall Street, Bloomberg, Dior Locations: Milan, China

☆ Canada's bold plan to make housing more affordable is showing signs of working — and could be a model for the US
▼ + stars: | 2024-07-03 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

Like the American federal government, Canada's national government doesn't have a lot of control over housing policy. Related storiesOverall, the federal push has already been quite successful in changing the housing policy landscape across the country, Moffat said. Over the last several years, an influx of new immigrants, rampant investor speculation, and rapidly rising construction costs have also sent prices up. It would also impose a fine on cities that tolerate "NIMBY" — the anti-development "Not in My Backyard" philosophy — opposition to housing construction. Some American fans of Canada's Housing Accelerator Fund suggest it could be a model for US efforts to incentivize denser and more abundant housing construction.

Persons: i'm, it's, Mike Moffatt, Moffat, —, Justin Trudeau, Trudeau, Matti Siemiatycki, Siemiatycki, there's, densification, Pierre Poilievre, hasn't, Joe Biden's Organizations: Service, Business, Smart Prosperity, University of Ottawa, Housing, Liberal, Infrastructure Institute, University of Toronto's, of Cities, Concordia University, Conservative Party, Investment, Jobs Locations: Canada, Ottawa, British Columbia, Ontario, Alberta, California, United States

☆ China's BYD is set to take Tesla's crown as the world's No. 1 producer of battery electric vehicles
▼ + stars: | 2024-07-03 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Chinese electric vehicle maker BYD is on track to overtake Tesla in battery electric vehicle sales this year, with its BEV market share expected to surge, according to a Counterpoint Research report. "This shift underscores the dynamic nature of the global EV market," Counterpoint analysts said in the report released Tuesday. BYD's second-quarter battery EV sales jumped nearly 21% year on year to 426,039 units, according to CNBC's calculations. Counterpoint said China "remains a dominant force in the BEV market" with BYD leading the way. China's BEV sales are estimated to be four times that of North America's in 2024, the research firm said.

Persons: BEV, BYD's, BYD, Tesla, China's BEV Organizations: Research, U.S, EV Locations: Munich, Germany, China, North America's

☆ Analyst Dan Ives raises Tesla price target to $300, sees $400 possible in 2025
▼ + stars: | 2024-07-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Wedbush analyst Dan Ives raised his price target on Tesla after the electric vehicle company posted better-than-expected deliveries in the second quarter. The tech analyst hiked his 12-month price target on the Elon Musk-led company by 9%, to $300 from $275 previously. Ives also updated his most optimistic, bull case for the Elon Musk-led stock, seeing it hitting $400 in 2025. Tesla shares have jumped nearly 17% this week after the company posted second-quarter vehicle production and deliveries numbers that beat analyst expectations. Analysts had expected that Tesla deliveries — the closest approximation of sales disclosed by the automaker — to reach 439,000 in the three-month stretch ending June 30, according to a consensus of estimates compiled by FactSet's StreetAccount.

Persons: Dan Ives, Ives, Tesla, FactSet's StreetAccount Organizations: Tesla, Elon, Musk & Co Locations: 2H24, China

☆ GM reports best U.S. quarterly sales since 2020
▼ + stars: | 2024-07-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year earlier and its highest quarterly units sold since the fourth quarter of 2020. Still, EVs made up only 3.2% of its total second-quarter sales. Sales of GM's full-size pickup trucks were roughly 229,000 during the second quarter, up about 6% from a year earlier and the best quarterly sales since 2021. GM's second-quarter sales are expected to slightly outpace the overall industry. Kia, which reports sales on a monthly basis, reported a 6.5% decrease in its June sales.

Persons: EVs, Edmunds, CDK, Jessica Caldwell, Caldwell Organizations: DETROIT —, Motors, Detroit, Auto, Cox Automotive, CDK, GM, Asbury Automotive Group, AutoNation Inc, Inc, Lithia Motors Inc, Sonic Automotive Inc, Automotive News, Toyota, Hyundai, Kia Locations: Lincolnwood , Illinois, DETROIT, North America

☆ This electric car battery takes less than 5 minutes to charge
▼ + stars: | 2024-07-01 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +5 min

London CNN —A British startup may have found the answer to one of the frustrations of driving an electric car — waiting around for the battery to charge. That is much faster than the 20 minutes or so it currently takes some electric cars using a fast charger, such as a Tesla (TSLA) Supercharger. Nyobolt’s battery is compatible with a Supercharger, the startup told CNN. “This is many multiples higher than the warranties of much larger EV batteries on the road today,” it noted. In addition, there are currently “a lot of unknowns” with the niobium battery technology, he told CNN.

Persons: London CNN —, ” Nyobolt’s, Sai Shivareddy, “, Clare Grey, Shivareddy, Paul Marchment, Jack Evans, Tesla, ” Shivareddy, Nyobolt, William Kephart, it’s Organizations: London CNN, University of Cambridge, EV, BNP, Blackball Media, CNN, European Union, American, P3 Group Locations: British, Cambridge, United States, Europe, North America

☆ A Chinese firm's answer to SpaceX's Falcon 9 blew up in a giant fireball after it accidentally launched during a test
▼ + stars: | 2024-07-01 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewA Chinese space firm said on Sunday that it accidentally launched its Tianlong-3 rocket during a test, causing the vehicle to lift off and crash into a nearby mountainside. The Chinese Tianlong-3 Rocket Accidentally Launched During A Engine Test pic.twitter.com/EK54F4chYF — 𝕏 Ali Al Samahi 𝕏 (@alsamahi) June 30, 2024"The rocket body disintegrated after falling into the mountain," Tianbing's statement said. Related storiesDesigned to deliver satellites to orbit, it's a liquid-propellant rocket described by Tianbing as "comparable to Space X's Falcon 9." Tianbing, one of several Chinese private space rocket companies to gain prominence in recent years, in April 2023 launched another reusable rocket — the Tianlong-2 — fueled by coal-based kerosene. With nine engines, the Tianlong-3 is now being touted by Tianbing as a revolutionary rocket for China's space industry.

Persons: — Organizations: Service, Tianbing Aerospace Technology, Business Locations: Beijing, Gongyi, Henan

☆ Tesla shares to get hit this quarter on lower demand and margins, predicts Wells Fargo
▼ + stars: | 2024-07-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Tesla shares are likely to take a hit in the third quarter as the company's strategy of boosting sales by slashing prices loses steam, according to Wells Fargo. TSLA YTD line Tesla Wells Fargo has an underweight investment opinion on Tesla and a price target of $120 per share, implying nearly 40% downside from Friday's close of $197.88. has plateaued, and Tesla faces aggressive competition in China from companies such as BYD, leaving "little immediate levers to pull to increase volumes," the Wells Fargo analysts said. The research team is also worried about the demand and profit margins for Tesla's smaller, mass-market Model 2. "We are cautious on margins given likelihood of more price cuts & lower volumes," the Wells analysts said.

Persons: Colin Langan, TSLA, Tesla Organizations: U.S . Electric, Wells Locations: Wells Fargo, EU, China, U.S

☆ Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs
▼ + stars: | 2024-07-01 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Salesforce investors voted against the company's compensation plan for top executives, after shareholder advisory groups raised concerns about equity awards granted to CEO Marc Benioff. According to a regulatory filing on Monday, the resolution to approve the compensation received 339.3 million votes in favor and 404.8 million against at the annual meeting held on Thursday. For the 2024 fiscal year, Benioff received $39.6 million in total pay, up from $29.9 million in the prior year. While Benioff's salary was flat at $1.55 million, he received additional stock and option awards and non-equity incentive plan compensation, according to the proxy statement. Benioff was already among the largest holders of Salesforce, with a stake of over 2% valued at close to $6 billion.

Persons: Marc Benioff, Glass Lewis, Benioff, didn't, Salesforce Organizations: Institutional, Services

☆ Trump Organization Signs Up to Put Its Brand on a New Saudi Tower
▼ + stars: | 2024-07-01 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

The Trump Organization has signed a new deal with a Saudi real estate company to build a residential high-rise tower in the city of Jeddah, extending the family’s close ties with the kingdom. Saudi Arabia has become one of the few reliable sources of growth for the Trump family’s business operations, as new real estate deals in the United States have slowed or stopped since the Jan. 6, 2021, assault on the Capitol and since former President Donald J. Trump left the White House. This new deal is like other international projects the Trump family has signed over the past decade. Other projects include a resort complex in Oman and Saudi-backed golf tournaments at Trump courses in recent years. “We are delighted to strengthen our ongoing relationship with the Trump Organization and expand our portfolio by delivering premium properties to redefine Saudi Arabia’s high-growth real estate market,” Ziad El Chaar, the chief executive of the real estate firm, Dar Global, said in a statement Monday.

Persons: Donald J, Trump, ” Ziad El Chaar Organizations: Trump Organization, Trump, Capitol, White, Saudi, Dar Global Locations: Saudi, Jeddah, Saudi Arabia, United States, Oman

☆ Russia can’t fight NATO on the battlefield – so it’s waging a hybrid war instead
▼ + stars: | 2024-06-30 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +15 min

And while they might look minor in isolation, taken together these incidents amount to what security experts say is Russia’s hybrid war on the West. Thornton said Russia was resorting to a campaign of sabotage as an alternative to a full-on war with NATO, which would be disastrous for Russia. Article 5 is the cornerstone principle that an attack on one member of NATO is an attack on all members. Danylyuk said the Russian security apparatus doesn’t shy away from using criminals to do its dirty work, tapping into its links with international organized crime. Russia can only be strong if the West and NATO are weak.

Persons: –, Petr Fiala, Jens Stoltenberg, Rod Thornton, there’s, ” Thornton, Vladimir Putin, Thornton, “, ”, It’s, ” Nicole Wolkov, Andrei Averyanov, Averyanov, Sergei, Yulia Skripal, d’etat, Oleksandr Danylyuk, …, Volodymyr Zelensky’s, Danylyuk, Olga Lautman, Fiala, Sergei Skripal, Yulia, Frank Augstein, ” Lautman, Lautman, Alexander Litvinenko, Andrei Lugovoi, Theresa May, Nikolai Glushkov, Salisbury, Putin, ” “, let’s, ’ ”, that’s, Litvinenko, Skripal Organizations: CNN, Occupation, . Police, European Union, NATO, King’s College London, ”, Royal United Services Institute, Czech Police, GRU, London –, German Federal Public, Ukraine, Russian, Russia NATO, Center for, European, of Human, Duma, Metropolitan Police, Command, Soviet, West Locations: Prague, Czech, Moscow, Europe, Riga, London, Warsaw, Germany, Russia, Belarus, Russian, Spain, Lithuania, Canada, Ukraine, Kyiv, Russia –, United States, al Qaeda, France, EU, Salisbury, England, Czech Republic, Vrbetice, Montenegro, Moldova, Macedonia, Ukrainian, Poland, Salisbury , England, Finland, Estonia, Lautman, Soviet Union

☆ People aren't spending like they used to and it's forcing companies like Nike and Walgreens to make drastic changes
▼ + stars: | 2024-06-29 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. People are still spending money, but there's an uncomfortable awareness that years of price hikes mean each dollar doesn't go as far as it used to. "This consumer remains very cautious, specifically when you think about larger ticket discretionary purchases," he told Oppenheimer analysts Wednesday. "Why have people who are having a hard time paying their rent have to pay more for our drink?"

Persons: —, they're, Joseph Lewis, Marvin Ellison, Oppenheimer, John David Rainey, Federal Reserve Banks, San Francisco Fed, Don Vultaggio Organizations: Service, Business, Bloomberg, Nike, Walgreens, Walmart, Federal Reserve, San Francisco, Philadelphia Fed, Iced Tea Locations: San Francisco, Philadelphia

☆ EV sales have hit a speed bump. Using AI to improve their batteries could get more people back in the driving seat.
▼ + stars: | 2024-06-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Chemix is using machine-learning algorithms to develop EV batteries that can charge more quickly, hold more energy, and last longer than current EV power units. Koeller said the primary advantage of using AI to design EV batteries is that it dramatically speeds up the process. Better EV batteriesDesigning EV batteries is a three-step process, Georgia Tech assistant professor Micah Ziegler told BI. The solid-state electrolyte they discovered relies less on lithium, an increasingly rare resource that forms the core of today's EV batteries. Mueller said that PNNL's collaboration with Microsoft has convinced him that generative AI could have applications far beyond speeding up EV battery design.

Persons: —, Jason Koeller, Koeller, Micah Ziegler, Ziegler, Karl Mueller, Mueller, it's Organizations: Service, Business, EV, Georgia Tech, BI, Pacific Northwest National Laboratory, Microsoft Locations: California

☆ Bolivian general who led failed coup gets six months pre-trial detention
▼ + stars: | 2024-06-29 | by ( ) www.cnbc.com time to read: +1 min

Bolivian General Juan Jose Zuniga is presented following his arrest by the authorities for a coup attempt in La Paz, Bolivia June 26, 2024. Detained Bolivian general Juan Jose Zuniga was ordered to six months "preventive detention" for his role leading a failed coup against the government earlier in the week, a top prosecutor said on Friday. "This preventive detention that the judge is ordering will undoubtedly set a precedent and a good signal so that this investigation can continue to advance," Siles added. Before being arrested on Wednesday, Zuniga led military units to gather in the main square of capital La Paz, home to the presidential palace and Congress. Zuniga has said he was following an order from President Luis Arce, who has denied having any involvement in or prior knowledge of Zuniga's operation.

Persons: Juan Jose Zuniga, General's, Cesar Siles, Siles, Zuniga, Luis Arce Organizations: Bolivian, Defense Ministry and Interior Ministry, La Paz Locations: La Paz, Bolivia, La

☆ Here are Rosenblatt's best AI and tech ideas for the second half
▼ + stars: | 2024-06-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Rosenblatt is laying out its top artificial intelligence pick heading into the second half of 2024. Here are some of the firm's top picks going into the second half of the year, as AI shows no signs of a slowdown: Rosenblatt named Advanced Micro Devices among its top picks. MU YTD mountain Micron shares this year Shares of Micron have rallied 58% this year but slumped 7% on Thursday after the memory chipmaker shared in-line guidance . Analyst Barton Crockett highlighted Apple as a stock to follow in the second half. The firm also named CrowdStrike , Five9 and Autodesk among its picks for the second half.

Persons: Rosenblatt, Hans Mosesmann, Mosesmann, Barton Crockett, Crockett Organizations: Nvidia, Micro Computer, Devices, AMD, Micron Technology, AI, MU, Micron, Apple, Autodesk Locations: Thursday's, hyperscalers

☆ 4 Missouri Prison Guards Charged With Murder in Death of a Black Prisoner
▼ + stars: | 2024-06-28 | by ( Aimee Ortiz | ) www.nytimes.com time to read: +1 min

Four Missouri prison guards were charged with murder on Friday and a fifth with involuntary manslaughter for their roles in the death of a Black man who died last year after they pepper sprayed him, covered his face with a mask and left him in a restraint chair, the authorities said. The man, Othel Moore Jr., 38, died of positional asphyxiation on Dec. 8 at the Jefferson City Correctional Center, according to court records, which list homicide as the cause of death. The episode that led to Mr. Moore’s death occurred during a sweep by the Missouri Department of Corrections Emergency Response Team of one of the prison’s housing units that was being searched for contraband, according to court records. Mr. Moore was searched and stripped down to his boxer shorts, and staff members used pepper spray on him multiple times and placed him in a restraint system with a spit mask, which is supposed to prevent spit from hitting others, and a padded helmet, records show. He was then taken to a different housing unit, where he was left in a cell with the spit mask, helmet and restraint system.

Persons: Othel Moore, Moore’s, Moore Organizations: Jefferson City Correctional Center, Missouri Department of Corrections Locations: Missouri, Jefferson

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