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☆ NPR editor who criticized outlet for liberal bias out
▼ + stars: | 2024-04-17 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

CNN —Uri Berliner, a National Public Radio senior editor who wrote a scathing online essay accusing the public radio network of harboring a liberal bias, said Wednesday he had resigned from the outlet. “I am resigning from NPR, a great American institution where I have worked for 25 years,” Berliner wrote in a resignation letter to NPR chief executive Katherine Maher, which he posted to his X account. Berliner’s resignation came after he was suspended for five days without pay over his 3,500-word piece in the anti-establishment publication The Free Press. In his resignation letter, Berliner said he did not support calls to defund NPR and that he wants to see the audio-focused outlet thrive. Berliner’s allegations of network bias were billed as a top story, with right-wing outlets and personalities portraying Berliner as a “whistleblower.”

Persons: CNN — Uri Berliner, ” Berliner, Katherine Maher, Berliner’s, Berliner, Donald Trump colluded, Hunter, Edith Chapin, Maher, Trump, Isabel Lara, Maher “, Donald Trump, ” Organizations: CNN, Public Radio, NPR, Free Press, Fox News Locations: American, Russia, York, ”

☆ NPR suspends editor who accused outlet of liberal bias
▼ + stars: | 2024-04-16 | by ( Jon Passantino | Oliver Darcy | ) edition.cnn.com time to read: +4 min

It described the notice as a “final warning,” saying Berliner would be fired if he violated NPR’s policy again, Folkenflik reported. An NPR spokeswoman told CNN the outlet “does not comment on individual personnel matters, including discipline.” Berliner did not immediately respond to a CNN request for comment. Other NPR staffers publicly rejected Berliner’s assessment in social media posts. “Many things wrong w/terrible Berliner column on NPR, including not observing basic fairness,” NPR TV critic and media analyst Eric Deggans wrote. On his Truth Social media platform, Trump called NPR a “LIBERAL DISINFORMATION MACHINE,” that “NOT ONE DOLLAR” of government funds should be sent to in the future.

Persons: NPR’s David Folkenflik, Uri Berliner’s, Berliner, Folkenflik, ” Berliner, Donald Trump colluded, York Post’s Hunter Biden, Edith Chapin, Eric Deggans, “ Didn’t, Trump, “, ”, Jesse Watters, Katherine Maher, Isabel Lara, Christopher Rufo, Maher “ Organizations: New, New York CNN, NPR, CNN, Free Press, York, Corporation for Public Broadcasting, Social, Trump, Fox News, Berliner Locations: New York, Russia, LIBERAL

☆ U.S. economy will see 'more things break' in 2025 if rates stay high, strategist says
▼ + stars: | 2024-04-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve does not take action soon on interest rates, State Street's head of investment strategy in EMEA said Tuesday. "The traditional transmission policy mechanism has broken, or doesn't work as well," Kassam told "Squawk Box Europe." As such, the impact of, for example, sustained higher interest rates may not be felt until further down the line when they come to refinance. "For now, consumers and corporates aren't feeling the pinch of higher interest rates," he added.

Persons: Jerome Powell, Altaf Kassam, Kassam Organizations: Federal, Committee, Federal Reserve, CNBC, Fed Locations: Washington , U.S, U.S

☆ NPR faces right-wing revolt and calls for defunding after editor claims left-wing bias
▼ + stars: | 2024-04-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

Donald Trump, Fox News, and the other organs in the right-wing universe are holding up Berliner’s 3,500-word piece to demonize the outlet. And they are not stopping with a simple verbal assault, openly demanding that lawmakers strip the newsroom of its government funding. Trump on Wednesday, calling NPR a “LIBERAL DISINFORMATION MACHINE,” said that “NOT ONE DOLLAR” of government funds should be sent into its coffers moving forward. “NO MORE FUNDING FOR NPR, A TOTAL SCAM!” Trump ranted on his Truth Social platform. But the editor said that, for now, he is still employed by NPR.

Persons: Uri Berliner, Bari Weiss, Donald Trump, ”, Berliner, “, Jesse Watters, Trump, York Post’s Hunter Biden, ” Berliner, It’s, Edith Chapin, Chapin Organizations: New York CNN, National Public, NPR, Free Press, Fox News, Trump, Berliner, CNN, MAGA Media, York, Republicans, Republican, Gallup Locations: New York, LIBERAL, newsrooms

CNN —Eight Chinese migrants have been found dead on the coast of southern Mexico, authorities said, after their boat capsized along a popular but perilous route for illegally entering the United States. One Chinese man survived the trip, the statement said. The prosecutor’s office said it was working with federal agencies to investigate the incident and the Chinese embassy in Mexico to identify the bodies. The number of Chinese migrants illegally entering the US from Mexico has skyrocketed in recent years. The influx of Chinese migrants spotlights the urgency many now feel to leave their homeland, even amid what Chinese leader Xi Jinping has claimed is a “national rejuvenation.”Many Chinese who left the country point to a struggle to survive.

Persons: San Francisco del, Iris Wang, Wang, “, ”, Xi Jinping, –, Communist Party’s, China’s, Xi Organizations: CNN, Communist Locations: Mexico, United States, San Francisco, San Francisco del Mar, Oaxaca, Mexican, Tapachula, Chiapas, Guatemala, Venezuela, China

☆ Nike shares slide on lackluster outlook, slowing China sales
▼ + stars: | 2024-03-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

The Nike logo is displayed at a Nike Well Collective store on February 16, 2024 in Glendale, California. In North America, where demand has been unsteady, sales rose about 3% to $5.07 billion, compared with estimates of $4.75 billion, according to StreetAccount. In China, sales reached $2.08 billion, just below the $2.09 billion analysts had expected. In China, sales grew 5% to $2.08 billion, just below the $2.09 billion analysts had expected. Sales in Asia Pacific and Latin America rose 3% to $1.65 billion, below the $1.69 billion analysts had expected, according to StreetAccount.

Persons: Matthew Friend, Friend, Nike, Jordan, Brooks, Devin Booker, Jane Hali, Jessica Ramirez, She's, it's, They've, Ramirez Organizations: Nike, LSEG, Asia, StreetAccount, Associates, CNBC Locations: Glendale , California, China, North America, Europe, East, Africa, Asia Pacific, Latin America

☆ Teacher Shortages in America Are Holding Gen Z Students Like Me Back
▼ + stars: | 2024-03-17 | by ( Vaishnavi Kumbala | ) www.businessinsider.com time to read: +11 min

AdvertisementWhile teachers, students, and parents have all tried their best to make it work, many students still end up with huge learning gaps. Teacher shortages tend to be framed as a workplace problem: We just need to incentivize and support teachers better. AdvertisementWhen teacher shortages compound, some students just stop showing up. Even before COVID, students struggled to remember concepts they learned in a previous course — but the teacher shortages have exacerbated the problem. If America doesn't address its teacher shortages today, it will be left with a worse, less educated tomorrow.

Persons: STAFF04201, I've, bode, Sarah, Richard Ingersoll, Ingersoll Organizations: Kansas State University, US Bureau of Labor Statistics, Progress, Organization, Economic Cooperation, Development, US, America, Harvard University Center for Education Policy Research, Stanford University, Brookings Institution, National Center for Education Statistics, University of Pennsylvania Graduate School of Education, Vogue, The New York Times, The New Orleans Times Locations: New Orleans, —, Spanish, Rome, Orleans, Louisiana

☆ Marriage rates are up, and divorce rates are down, new data shows
▼ + stars: | 2024-03-17 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +3 min

CNN —After Covid-19 lockdowns, 2022 was a year of marriages, according to new data. The number of marriages took a dive around the start of the pandemic, numbers show. But in 2020, the marriage rate was down to 5.1 per 1,000 people, the data showed. Growth in marriage rates may be due to more than just rescheduling, said Marissa Nelson, a licensed marriage and family therapist in Washington, DC. Divorce rates are going downIntentionality may also be behind declining divorce rates, she added.

Persons: Marissa Nelson, Nelson, Ian Kerner, I’ve, ” Kerner, ”, Monica O’Neal Organizations: CNN, US Centers for Disease Control, Prevention’s National Center for Health Statistics Locations: Washington ,, Boston

☆ Chinese job seekers are turning to this unlikely US app to find jobs
▼ + stars: | 2024-03-16 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Chinese young people are using Tinder to find jobs amid high unemployment. US users are also turning to dating apps like Grindr for career networking. Related stories"By using dating apps, we can reach more people," Shanghai student Jade Liang told NBC News. AdvertisementTinder is also not keen on prospective job applicants using the app to find a job and, in fact, it's against the app's community guidelines. It's not just Chinese users who have turned to dating apps to find jobs or advance their careers.

Persons: —, Jade Liang, Romy Liu, Liu, Tinder, It's, Grindr Organizations: NBC, Service, of Labor, NBC News, Business Locations: China, Covid, Shanghai

☆ FCC cracks down on cable TV ‘junk fees’
▼ + stars: | 2024-03-14 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

The new junk fees rule requires cable and satellite TV companies to list “all-in” prices to consumers in their billing and marketing materials — including any miscellaneous fees, such as those related to sports programming or local broadcast channels. Between 24% and 33% of the typical consumer’s bill can be attributed to fees, consumer advocates told the FCC. In a separate move last year, the FCC proposed banning certain cable fees altogether, including early termination fees that the agency says hinder competition and prevent customers from easily switching providers. Mending the digital divideIn addition to cable, the FCC also addressed internet availability during its Thursday meeting. Defining high-speed internetThe report also reflects newly adopted revisions in how the country defines high-speed internet, which the FCC voted to approve on Thursday.

Persons: “, ”, Jessica Rosenworcel, ’ ”, NCTA, Dave Wallace, Amira Karaoud, Biden, Rosenworcel, you’re, Anne Neuberger, Neuberger Organizations: Washington CNN, Federal Communications Commission, FCC, Energy Star, National Institute for Standards, Technology, Logitech, LG, Samsung, Consumer, European Union Locations: Kentucky, Louisville , Kentucky, U.S, greenlight, Las Vegas, America

☆ UK Budget: Jeremy Hunt set to cut taxes for workers as election looms
▼ + stars: | 2024-03-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

A cut to national insurance — a levy paid by people who work — costing around £10 billion ($12.7 billion) is likely, according to multiple UK media reports. But soaring government debt, crumbling public services and a lackluster economy leave the chancellor with very little room for further substantial giveaways. Christopher Furlong/Getty ImagesOther so-called “unprotected” areas of the national budget, such as social care and the police force, are also at risk. “That seems unlikely when public services are creaking,” they added. OBR chair Richard Hughes said in January that the government had provided no detailed breakdown of departmental spending plans beyond March next year, giving only headline figures.

Persons: Jeremy Hunt, Rishi Sunak’s, Hunt, ”, Laura Kuenssberg, Jeff, Christopher Furlong, “, Richard Hughes, ” Hughes Organizations: London CNN —, Bank of England, Treasury, “ Conservatives, ” Hunt’s Conservative Party, Labour Party, Reuters, Office, National Statistics, Local Government Association, House, National Health Service, Capital Economics, ” Locations: Ukraine, Birmingham, England

☆ Apple iPhone sales plunge 24% in China as Huawei smartphone business resurges, report says
▼ + stars: | 2024-03-05 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Sales of Apple's iPhone plunged in China in the first six weeks of 2024, according to a Counterpoint Research report. The analyst firm said in a note on Tuesday that iPhone sales plunged 24% in the period, as Apple faced stiff competition from local smartphone firms like Huawei, Oppo, Vivo, and Xiaomi. In particular, Apple came under major pressure from Chinese tech giant Huawei, whose consumer business is experiencing a resurgence in China after the launch of its Mate 60 smartphone. Oppo's smartphone shipments dropped 29% year-on-year, while Vivo and Xiaomi logged drops of 15% and 7%, respectively, according to Counterpoint Research. Huawei smartphone unit shipments rose 64% year-over-year in the first six weeks of 2024, according to Counterpoint Research.

Persons: Apple, Neil Shah, Shah, Arjun Kharpal Organizations: Apple, Research, Huawei, Oppo, Counterpoint Research, CNBC Locations: Yantai, East China's Shandong, China, Vivo, U.S, iPhones

☆ Exiled Chinese bloggers urged people back home to unfollow them, claiming police are checking individuals 'one by one'
▼ + stars: | 2024-02-27 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

In separate posts, 2 Chinese bloggers in exile asked their social media followers to unfollow them. One of the dissidents, Li Ying, posted screenshots claiming his followers had been interrogated. AdvertisementTwo Chinese bloggers in exile have urged their followers in China to unfollow them, claiming that police are checking them "one by one" and even interrogating some individuals. Li's account has over 1.4 million followers, down about 200,000 from Sunday. An analysis of the documents by the Journal suggested that the firm, I-Soon, appeared to have a range of targets, including exiled Chinese dissidents.

Persons: Li Ying, —, Wang Zhi'an, Wang, Li, he'd Organizations: Service, NBC, YouTube, China Central Television, Beijing, Associated Press, AFP, NBC News, Street Locations: China, Japan, Italy

FHA loan borrowers struggling to keep up with their mortgage may soon be able to reduce their payments by as much as 25%. The FHA launched the Payment Supplement option in response to high mortgage rates. Lenders can offer the Payment Supplement starting May 1, and they have to start offering it by January 1, 2025. FHA loan borrowers who are struggling to keep up with their mortgage payments will soon have a new option to help them avoid losing their homes to foreclosure. Called the Payment Supplement, this new option can temporarily lower a borrower's monthly payment so they can get back on their feet after a financial hardship.

Persons: —, forbearance, Charles Williams, Percy, you'll, Julia Gordon Organizations: FHA, Service, Finance, Federal, Administration

☆ ‘Fourteen Days’ is a ‘collaborative novel’ from 36 literary giants. But who wrote what?
▼ + stars: | 2024-02-26 | by ( Zara Khan | ) edition.cnn.com time to read: +8 min

From left: the authors Diana Gabaldon, R. L. Stine, Celeste Ng, John Grisham and Margaret Atwood, all of whom contributed to "Fourteen Days." Though some readers will draw connections between the latter work and “Fourteen Days,” Preston notes there are many differences. Perhaps most notably, “Fourteen Days” follows those left behind amid a pandemic — people without “the financial wherewithal to escape,” he told CNN. In "Fourteen Days," residents of New York apartment building begin gathering on the rooftop during Covid-19 lockdowns. Read: “The Interestings” (2014)The tenth novel from author Meg Wolitzer — who also contributed to “Fourteen Days” — follows a group of close-knit friends that meet at an arts summer camp in the 1970s from adolescence through to middle age.

Persons: —, Margaret Atwood, ’, John Grisham, Celeste Ng, Diana Gabaldon, Stine, Atwood, Douglas Preston, Yessie, Preston, Emma Donoghue, “, ”, ” Giovanni Boccaccio’s, ” Preston, Donoghue, Tess Gerritsen, Gerritsen, Harper Collins, Ah Poh, ” Donoghue, Pier Pasolini, Steven Soderbergh’s, Gwyneth Paltrow, Matt Damon, Jude Law, Marion Cotillard, Kate Winslet, Martin Short, Steve Martin, Selena Gomez, Craig Blankenhorn, Meg Wolitzer — Organizations: CNN, British, Guardian, Agence France, Presse, Hulu Watch Locations: New York, —, Chaucer’s “, Covid, York City

☆ NFL season recap: Record viewing numbers, Taylor Swift and a new dynasty
▼ + stars: | 2024-02-17 | by ( Ben Morse | ) edition.cnn.com time to read: +16 min

CNN —With its bright lights, big names and halftime shows, the Super Bowl has always been the biggest sporting ticket in the US. Kansas City Chiefs quarterback Patrick Mahomes holds the Lombardi Trophy after the Chiefs won Super Bowl LVIII on Sunday, February 11. Steph Chambers/Getty Images Chiefs tight end Travis Kelce kisses his girlfriend, singer Taylor Swift, during the postgame celebrations. This was just the second Super Bowl in history to go to overtime. Swift, Ice Spice, Blake Lively and others were in attendance for Super Bowl LVIII.

Persons: Taylor Swift, Patrick Mahomes, Mahomes, Steph Chambers, Travis Kelce, Brynn Anderson, Trey Smith, Eric Gay, Adam Hunger, Andy Reid, Julio Cortez, Kyle Juszczyk, Mecole Hardman Jr, Jamie Squire, Hardman, Ezra Shaw, Tim Nwachukwu, Christian McCaffrey, Jake Moody, Frank Franklin II, Bill Vinovich, Mike Blake, Reuters Kelce, Fred Warner, David J, Phillip, Moody, Harrison Butker, Jauan Jennings, Kirby Lee, Chris Jones, Brock Purdy, George Walker IV, Kyle Shanahan, Marquez Valdes, Scantling, David Gray, Ray, Ray McCloud III, Stephen R, James Lang, Brian Snyder, Ji'Ayir Brown, Doug Benc, Gregory Bull, McCaffrey, Jennings, Dre Greenlaw, Achilles, Kelce, Reid, Isiah Pacheco, Pacheco, Harry, Trent McDuffie, Deebo Samuel, Chris Conley, Javon Hargrave, Sam Lutz, George Kittle, Getty Images Purdy, Michael Reaves, Nick Bolton, Candice Ward, Reba McEntire, Lively, McEntire, Andra Day, Jay, Blue Ivy, Rumi, Steve Luciano, Carlos Barria, Sterling, ’ Taylor, cutaways, Jason’s, Swift, Blake Lively, Vince Lombardi, Bill Belichick, Belichick, Don Shula’s, Hall, Tom Landry, Belichick hasn’t, Alex Grimm, Joe Flacco, Damar Hamlin, Hamlin, commotio cordis, Jeffrey T, Barnes, Dan Campbell, Aaron Rodgers, Rodgers, Robert Saleh, There’s, ’ Organizations: CNN, Super, Kansas City Chiefs, San Francisco 49ers, NFL, Chiefs, Getty, AP Chiefs, Hardman, AP 49ers, 49ers, Reuters, USA Today Sports Chiefs, AP, USA, Network, Sports, Reuters 49ers, CBS, Reuters Chiefs, Getty Images, Allegiant, Vegas, New England Patriots ’, Green Bay Packers, Patriots, The Patriots, Kansas City Super, New England Patriots, of Fame, Hall of Fame, Atlanta Falcons, Indianapolis Colts, Deutsche Bank, Cleveland Browns, Buffalo Bills, Bills, Miami Dolphins, Dallas Cowboys, Detroit Lions, Lions, NFC, New York Jets, Jets Locations: Las Vegas, Brittany, Japan, Allegiant, ”, Kansas, Massachusetts, Foxborough, Frankfurt, Germany, Cincinnati, East Rutherford

The quarterly decline followed a 0.1% fall in the previous three-month period and highlights how the economy has been hobbled by high interest rates that have been raised to reduce inflation. A recession is officially defined as two straight quarters of economic decline. Being in recession is hardly the ideal backdrop for Prime Minister Rishi Sunak as he mulls when to call the election. Higher interest rates help cool the economy by making it more expensive to borrow, thereby bearing down on spending. Though interest rates appear to have peaked, the central bank has expressed caution about cutting interest rates too soon as lower borrowing rates may bolster spending and put renewed upward pressure on prices.

Persons: Rishi Sunak, Jeremy Hunt, ”, Hunt, Rachel Reeves, James Smith Organizations: Conservative Party, National Statistics, Labour Party . Treasury, Treasury, Labour, Conservatives, Bank of England Locations: Britain

☆ Chinese consumers are about to return from the holidays. That doesn't mean the economy will pick up.
▼ + stars: | 2024-02-14 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

AdvertisementChina's economy and markets were weak coming into 2024, but investor sentiment could worsen after the ongoing Chinese New Year break. "Service consumption growth will likely slow sharply after the Chinese New Year holiday on fading pent-up demand and weakening consumer confidence," the economists wrote. Authorities have pulled more than a dozen moves since January to try to stabilize the stock market rout and support downbeat property market demand amid its real-estate crisis. After all, there were suggestions earlier that authorities are considering a stabilization fund to rescue the flailing stock market. AdvertisementMainland stock markets are closed this week for public holidays.

Persons: —, Rich Lesser, Lesser, Hang, Xi Jinping Organizations: Beijing, Service, Chinese Ministry of Commerce, Nomura, Boston Consulting, Hang Seng China Enterprises, Authorities Locations: China, Beijing, Hong Kong

☆ Travis Kelce says push on Chiefs head coach Andy Reid was ‘definitely unacceptable’
▼ + stars: | 2024-02-14 | by ( Ben Morse | Jill Martin | ) edition.cnn.com time to read: +10 min

Steph Chambers/Getty Images Chiefs tight end Travis Kelce kisses his girlfriend, singer Taylor Swift, during the postgame celebrations. Adam Hunger/AP Chiefs head coach Andy Reid, second left, celebrates with staff members after the game. Jamie Squire/Getty Images Chiefs wide receiver Marquez Valdes-Scantling celebrates after catching a 16-yard touchdown pass in the third quarter. George Walker IV/AP Kelce yells at Reid after Chiefs running back Isiah Pacheco fumbled in the red zone during the second quarter. Mike Blake/Reuters Chiefs cornerback Trent McDuffie defends a pass intended for 49ers wide receiver Deebo Samuel during the second quarter.

Persons: Travis Kelce, Andy Reid, Jason, Kelce, it’s, Aw, ”, Reid, Jerick McKinnon, I’d, “, ” Travis, ’, Reid –, –, ” Kelce, Patrick Mahomes, Mahomes, Steph Chambers, Taylor Swift, Brynn Anderson, Trey Smith, Eric Gay, Adam Hunger, Julio Cortez, Kyle Juszczyk, Mecole Hardman Jr, Jamie Squire, Hardman, Ezra Shaw, Tim Nwachukwu, Christian McCaffrey, Jake Moody, Frank Franklin II, Bill Vinovich, Mike Blake, Reuters Kelce, Fred Warner, David J, Phillip, Moody, Harrison Butker, Jauan Jennings, Kirby Lee, Chris Jones, Brock Purdy, George Walker IV, Kyle Shanahan, Marquez Valdes, Scantling, David Gray, Ray, Ray McCloud III, Stephen R, James Lang, Brian Snyder, Ji'Ayir Brown, Doug Benc, Gregory Bull, McCaffrey, Jennings, Dre Greenlaw, Achilles, Isiah Pacheco, Pacheco, Harry, Trent McDuffie, Deebo Samuel, Chris Conley, Javon Hargrave, Sam Lutz, George Kittle, Getty Images Purdy, Michael Reaves, Nick Bolton, Candice Ward, Reba McEntire, Lively, McEntire, Andra Day, Jay, Blue Ivy, Rumi, Steve Luciano, Carlos Barria, Sterling, That’s Organizations: CNN, Kansas City Chiefs, Chiefs, San Francisco 49ers, CBS, Philadelphia Eagles, Super, Getty, AP Chiefs, Hardman, AP 49ers, 49ers, Reuters, USA Today Sports Chiefs, AP, USA, Network, Sports, Reuters 49ers, Reuters Chiefs, Getty Images, Allegiant, Vegas, Bowl Locations: Las Vegas, Brittany

☆ As the Year of the Dragon begins, the pros name sectors — and stocks — to play the Chinese market
▼ + stars: | 2024-02-13 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

Chinese stocks had an eventful week last week — with the benchmark Shanghai Composite Index hitting a five-year low of about 2,650 points on Feb. 5, before edging up to end the week at 2,865.90. A slide in Hong Kong-listed Chinese shares on Feb. 9, however, proved that investors may still have lingering concerns on the prospects of Chinese stocks in the new year. As the festive season gets underway, Redmond Wong, market strategist at investment firm Saxo, sees several opportunities to play the market. Boom in green transformation Beyond the traditional sectors, Saxo's Wong is watching an up-and-coming area in China: energy security and a green transformation. Data from the International Energy Agency shows that the Asian giant's clean-energy sectors contributed 11.4 trillion Chinese yuan ($1.6 trillion) to the Chinese economy in 2023, up 30% year-on-year.

Persons: Redmond Wong, Saxo, I'm, Wong, Saxo's Wong, Morningstar, Zijin Organizations: CNBC Pro, Monetary Fund, Technology, Shenzhen, Baidu, Sands, Tsingtao, Morningstar, Tsingtao Brewery, International Energy Agency, Companies, Zijin Mining Locations: Shanghai, Hong Kong, China, Zhejiang, Sands China, Macao, Shandong

Trump has repeatedly referred to Wade as Willis' "lover” in attacks on the prosecution. But it could have the ability to delve deeply into Willis' personal and professional life and air any dirty laundry widely. The state Senate is led by Republican Lt. Gov. Willis was barred from prosecuting Jones by a judge after she hosted a fundraiser for a Democratic opponent. The panel also begins its work in a year when all of Georgia's legislative seats will be up for election.

Persons: that's, Fani Willis, begrudgingly, ”, Sen, Bill Cowsert, Willis, Donald Trump, Willis didn't, Nathan Wade, Trump, Wade, Michael Roman, ” Cowsert, Scott McAfee, Cowsert, Gloria Butler, “, Butler, I’ve, Brian Kemp, Burt Jones, Georgia’s, Jones Organizations: ATLANTA, Republican, Republican Georgia Senate, Trump, Roman, U.S . House Republicans, Gov, Senate, Democratic Locations: Georgia, Fulton County, Athens, Stone

☆ Xi just fired China's top markets regulator. It shows his focus is still on control above all else.
▼ + stars: | 2024-02-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina's extended stock market rout was so bad that leader Xi Jinping was set to personally pay attention to it — and it looks like his solution was to fire the country's top markets regulatory late on Wednesday. After all, there were suggestions earlier that authorities are considering a stabilization fund to rescue the flailing stock market. Stock markets in China and Hong Kong have accelerated losses into 2024. The analysts at the Eurasia Group aren't the only ones who say China needs to double down on economic reforms to shore up its economy.

Persons: —, Xi Jinping, Wu Qing, Xi, Eswar Prasad, China's Organizations: Service, China Securities Regulatory, Bloomberg, Business, Eurasia Group, Eurasia Group aren't, Cornell University, International Monetary Fund, Nikkei, Index, Hong Kong Stock Exchange Locations: China, Hong Kong, Beijing

☆ China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
▼ + stars: | 2024-02-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina is taking steps to support its economy and stock markets, but there are limits to what can be achieved, said economist Eswar Prasad. Stock markets in China and Hong Kong have accelerated losses into 2024 after shedding trillions of dollars since 2021. "The likelihood of the prediction that China's GDP will one day overtake that of the US is declining," Prasad added to Nikkei. This is because Trump is likely to ratchet up trade protectionism, causing fragmentation in the trade and financial sectors, Prasad told Nikkei.

Persons: —, Eswar Prasad, Prasad, China hasn't, Trump, Prasad doesn't, Donald Trump Organizations: Service, Cornell University, International Monetary Fund, Nikkei, Business, Stock, Reuters Locations: China, Hong Kong, Beijing, Asia

Working with Chinese rappers like the popular Higher Brothers, he has always interspersed English song lyrics with a catchy Chinese chorus. On his latest album, “Love for you,” Phoenix apologizes to Higher Brothers for saying they were not speaking in support of Black Lives Matter. Phoenix's criticism led to a rift with Higher Brothers that hasn't healed. He also served as a moderator for a panel about Asian American support for Black Lives Matter. Again, he spoke of Black and Asian solidarity, and of seeing everyone as human first.

Persons: Bohan, Phoenix, …, ”, “, couldn’t, George Floyd, ” Phoenix, hasn't Organizations: Associated Press, Phoenix, Brothers, U.S Locations: BANGKOK, China, Phoenix, U.S, New York, Harlem, Chengdu . Phoenix, West

☆ Elon Musk's X funds Gina Carano lawsuit vs. Disney, Lucasfilm over ‘Mandalorian’ firing
▼ + stars: | 2024-02-06 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Gina Carano as Cara Dune in the "The Mandalorian," a Star Wars series on Disney+. Elon Musk's company X is funding a new lawsuit filed by actor Gina Carano over her firing from the Disney+ streaming TV series "The Mandalorian" after she shared a controversial social media postCarano sued Disney and its Lucasfilm subsidiary in Los Angeles federal court over her termination from the "Star Wars" franchise series in February 2021. The suit, which alleges wrongful discharge and sex discrimination, seeks Carano's reinstatement in "The Mandalorian," and monetary damages for the loss of her past pay and her future employment as a result of her termination. Carano was booted from the series after she shared a post on Instagram and TikTok that implied conservatives in the United States were being treated like Jewish people in Nazi Germany. Musk in August had said that X would fund the legal bills of X users "if you were unfairly treated by your employer due to posting or liking something on this platform."

Persons: Gina Carano, Cara Dune, Elon, Carano, Covid, Musk Organizations: Disney, Elon Musk's, Lucasfilm, Wars Locations: Los Angeles, United States, Nazi Germany

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