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A customer leaves one of the stores of discount retail chain Target in Ancaster, January 15, 2015. REUTERS/Peter Power/File PhotoAug 14 (Reuters) - Target (TGT.N) is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services. "Target is going to suffer more versus the others because they have a much larger consumer discretionary element to their business," Edward Jones analyst Brian Yarbrough said. At least 16 analysts have cut their price targets on the retailer since the beginning of June as its merchandise is skewed towards discretionary items such as clothes, electronics and beauty products. THE CONTEXTTarget in May had warned of dour second-quarter results as inflation forces consumers to shun non-essential goods.

Persons: Peter Power, Edward Jones, Brian Yarbrough, Erik Carnell's Abprallen, Group's Joseph Feldman, Jane Hali, Jessica Ramirez, Granth, Vinay Dwivedi Organizations: REUTERS, Mastercard, American Express, Pride, Associates, Reuters, Refinitiv, Walmart, Target, Thomson Locations: Target, Ancaster, Bengaluru

☆ Home improvement retailers downgraded by research firm Telsey, citing end of post-Covid boom
▼ + stars: | 2023-08-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

He maintained his price target for Home Depot Shares at $315 , which implies 4.3% downside from Monday's close. He also kept his price target on Lowe's shares at $225, suggesting less than 1% upside from where shares last closed. He noted that Home Depot and Lowe's shares are up approximately 17% and 12% since May 2023, respectively. While the housing market does show signs of reaching some stability, the bottoming phase could still take some time, according to Feldman. Meanwhile, Lowe's shares also declined 1.4% Tuesday before the bell.

Persons: Joseph Feldman, Feldman, — CNBC's Michael Bloom Organizations: Home, Home Depot

[1/2] People shop for clothes at Target retail chain in Westbury, New York, U.S., May 20, 2021. Walmart (WMT.N) and Target (TGT.N), the two biggest retailers in the United States, have set a cautious tone for the rest of the year. David Klink, senior equity analyst at Huntington Private Bank, said he saw "encouraging" signs in Amazon's results. Walmart, which reports on Aug. 17, had a better-than-expected first quarter and forecast sales to be up about 3.5% for the year. "I think that value-based retailers like Walmart and Target" will hold up better than others, he said.

Persons: Shannon Stapleton, David Klink, Neil Saunders, Joseph Feldman, Siddharth Cavale, Ananya Mariam Rajesh, Rosalba O'Brien Organizations: REUTERS, Walmart, Target, Foods, Huntington Private Bank, Amazon, Apple, Maersk, WPP, Telsey, Thomson Locations: Westbury , New York, U.S, United States, Seattle, New York, Bengaluru

☆ How to watch Australia, Canada and Nigeria battle for Wwomen's World Cup knockout phase spot
▼ + stars: | 2023-07-30 | by ( Ben Morse | ) edition.cnn.com time to read: +23 min

Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.

Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington

☆ A Gen Xer who secretly works 3 full-time remote jobs and makes $344,000 paid off his mortgage and is saving to send his kids to college debt-free
▼ + stars: | 2023-06-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

A 48-year-old began working three full-time remote jobs last year. But before he was out the door, he said a colleague convinced him to stay and try to work both jobs at once. He's also among a smaller group of white-collar workers secretly holding multiple full-time remote jobs to, in many cases, double their salaries. "In the IT world, we never really work a full 40 hours a week," he said. "I am salary-based, so it doesn't really matter if I work 15 hours a week or 40 hours a week," he said.

Persons: he'd, —, Joseph, He's, they'll, It's, let's, he's, doesn't, he'll Organizations: Service, Disney Locations: Texas

Shares of the retailer, which had consistently raised its outlook over the past two years, fell 4.5% to $45.07 after the dull forecast. Last month, rival Walmart raised its annual forecasts as more Americans shopped for its lower-priced groceries and other essentials. However, Kroger's gross margins rose 21 basis points, compared to a fall a year earlier, benefiting from lower supply chain costs as well as its efforts to source some products closer to its distribution centers. It also profited from shoppers - including higher-income consumers looking for more economical options amid persistent inflation - preferring its store-label brands to pricier national brands. Reporting by Granth Vanaik in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Joseph Feldman, Kroger, Rodney McMullen, Kroger's McMullen, Arun Sundaram, Granth, Shinjini Organizations: Kroger, Investors, Walmart, Albertsons, CFRA, Thomson Locations: Bengaluru

☆ Joseph Fiennes says playing Michael Jackson ‘was a wrong decision’
▼ + stars: | 2023-06-13 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Though the project was never released, Joseph Fiennes being cast to play Michael Jackson in 2017 created a whitewashing controversy. In a recent interview with The Guardian, Fiennes addressed the backlash to his casting. Fiennes had initially defended the decision in a 2016 interview with The Hollywood Reporter. It doesn’t negate who he was.”In a 1993 interview with Oprah Winfrey, Jackson rejected the idea of having a white actor portray him onscreen. Winfrey had asked him about reports that he wanted Pepsi to cast a white actor to play him as a child in a commercial.

Persons: Joseph Fiennes, Michael Jackson, Jackson, Marlon Brando, Brian Cox, Elizabeth Taylor, Stockard Channing, Fiennes, “, ” Fiennes, ”, ” “, “ It’s Michael, –, Oprah Winfrey, Winfrey, ” Jackson Organizations: CNN, Guardian, Hollywood, Pepsi

☆ Joseph Fiennes says he rejected a Hollywood career due to bullying tactics by Harvey Weinstein
▼ + stars: | 2023-06-11 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +2 min

Joseph Fiennes said he turned down a five-part Hollywood movie deal in his early career. He told The Observer that decision was due to bullying by Harvey Weinstein. Fiennes told the newspaper: "I'm not beholden to that. Joseph Fiennes said he turned down a big Hollywood deal early in his career due to bullying tactics by the now-disgraced producer Harvey Weinstein. "It was a bullying tactic that didn't sit well," Fiennes told The Observer in an interview.

Persons: Joseph Fiennes, Harvey Weinstein, Fiennes, I'm, Observer Weinstein, Mirimax, Elizabeth, Weinstein, Ralph Fiennes, Luther Organizations: Observer, Waterford Locations: Love

☆ Three industries ripe for automation, according to a robotics guru
▼ + stars: | 2023-06-03 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit. But other industries where robotics haven't yet taken hold may be potential investment opportunities and expansion areas for automation companies in the coming years. Those emerging areas intrigue Jeff Burnstein, an automation-industry guru and president of the Association for Advancing Automation. His trade group represents more than 1,000 global companies involved in robotics, machine vision, motion control, and motors and related technologies. Jeff Burnstein (right center), president of the Association for Advancing Automation, after receiving a Joseph F. Engelberger Robotics Award for his more than 40-year career in the industry.

Persons: Michael Wayland, Jeff Burnstein, Joseph, Burnstein, Anthony Romeo, Tyson Foods Greg Smith, Corbis SABA, Tyson Foods, Tyson, Donnie King Organizations: Robotics, Association for, Automation, CNBC DETROIT, Association for Advancing, Engelberger, Labor, Deere, Co, Cognex Corp, Tyson Foods Locations: Massachusetts, Detroit, U.S

☆ Mutation Protected Man From Alzheimer’s Disease, Hinting at Treatment
▼ + stars: | 2023-05-15 | by ( Gina Kolata | ) www.nytimes.com time to read: +1 min

Dr. Arboleda-Rodriguez is a co-founder of a biotechnology company looking to produce drugs that could act on this research. The mutation results in a potent version of a protein, Reelin, in the entorhinal cortex. That super-potent Reelin ultimately prevents tangled strands of tau proteins from sticking together and forming the structures that are a characteristic of Alzheimer's. “We don’t know what sort of damage it might do, sticking needles in and dropping in chemicals,” he said. The man with what the researchers are calling “resilience” to Alzheimer’s was part of a decades-long study of 6,000 people living in Colombia who have a gene mutation that causes Alzheimer’s in middle age.

☆ How to trade this week's retail earnings reports
▼ + stars: | 2023-05-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The home-improvement giant has also exceeded earnings expectations by 3.2% over the past 10 years. However, Home Depot shares are typically muted after the company reports earnings. Ross Stores, which also reports Thursday, has beaten earnings expectations 82.5%, too. The company has beaten analyst expectations 77.5% of the time, and its earnings per share have exceeded estimates by more than 3%. The company is slated to report earnings Thursday.

☆ ‘The Mother’ Review: Are You My Sniper?
▼ + stars: | 2023-05-11 | by ( Lisa Kennedy | ) www.nytimes.com time to read: +1 min

This arrangement has kept the Mother and child safe for 12 years when Agent Cruise reaches out with news that Zoe (Lucy Paez) has been found by the Mother’s former partners: Adrian Lovell (Joseph Fiennes) and Hector Alvarez (Gael García Bernal). Lovell is a nasty-smooth piece of work. As Alvarez, Bernal basks in some candlelit cruelty when the action shifts to Cuba. Lovell trained the Mother as a sniper in Afghanistan. Apart from some deadpan exchanges between the Mother and Zoe, Lopez plays the role fierce.

☆ JPMorgan says this biotechnology stock can rally nearly 50% because of its drug pipeline
▼ + stars: | 2023-03-06 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Vir Biotechnology has an underappreciated opportunity in the flu prevention market, JPMorgan said. He shaved $1 off his price target to $34, which still implies an upside of 48.9% from Friday's close. "Vir Biotechnology holds long-term pipeline opportunities across multiple infectious disease indications including hepatitis B, and Influenza A," he said in a note to clients Monday. He said the stock could see upside when the latest Peninsula study data hits, given it's expected to be a linear read-through from the young adult-focused earlier study. The stock has whiplashed in its first years as a publicly traded company, recording advances of 113% and 56.4% in 2020 and 2021, respectively.

☆ Loop Capital says buy Walgreens, predicts growth in new health care platform can drive up shares more than 20%
▼ + stars: | 2023-02-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

It's time for investors to snatch up shares of Walgreens Boots Alliance , according to Loop Capital. Analyst Joseph France initiated coverage of the drugstore operator with a buy rating and $45 price target, saying that Walgreens' new health care platform should improve services access for its customers. These facilities should eventually offer high margins, although a quick opening clip through 2027 could contribute to sizeable losses, he added. So far this year, shares of Walgreens have dipped 3.4%. The firm's price target implies nearly 25% upside from Wednesday's close.

☆ 6 Black-owned influencer management firms and talent agencies helping creators of color earn more money
▼ + stars: | 2023-02-07 | by ( Shriya Bhattacharya | Amanda Perelli | ) www.businessinsider.com time to read: +2 min

Influencer-management firms can help creators boost their income, including by landing brand deals. Some managers and agents have started their own firms after seeing that BIPOC creators have made less money than white creators. Here are six Black-owned influencer-management firms and talent agencies that work with creators. These firms help creators decide between different business opportunities, connect with other people in the industry, and earn a steady income. Here are four other Black-led influencer-management firms and talent agencies:

☆ A New York man who admitted to leaving threatening voicemails for Marjorie Taylor Greene dared her to file charges against him
▼ + stars: | 2023-02-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

A New York man pleaded guilty Wednesday to leaving threatening voicemails for GOP Rep. Marjorie Taylor Greene. Joseph F. Morelli, 51, called Taylor Greene's office from his Endicott home and threatened to hurt her, prosecutors say. Prosecutors say Morelli admitted he left Greene a voicemail saying, "I'm gonna have to take your life into my own hands… I'm gonna hurt you. Physically, I'm gonna harm you." "My name is Joseph Morelli, M-O-R-E-L-L-I," he said, according to court documents.

☆ Google's ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep biotech investments
▼ + stars: | 2023-01-31 | by ( Eamon Javers | ) www.cnbc.com time to read: +7 min

On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. The appointment, however, doesn't require commission members to divest their own personal biotech investments — even as they help shape U.S. policy overseeing the industry. The person didn't say when Schmidt made the decision to donate profits, adding that he hasn't yet named any recipient charities. The new federal commission will likely have a say in steering such investments over the two years of its lifetime. Schmidt's biotech investments are relatively recent.

☆ 6 Black-led influencer management firms and talent agencies helping BIPOC creators earn more money
▼ + stars: | 2023-01-03 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +2 min

Some managers and agents have started their own firms after seeing that BIPOC creators have made less money than white creators. Here are six Black-owned influencer-management firms and talent agencies that work with creators. Many creators have built their brands with the help of influencer management and talent agencies. These firms help creators decide between different business opportunities, connect with other people in the industry, and earn a steady income. Here are four other Black-led influencer-management firms and talent agencies:

☆ Fahmy: Based on history, the Fed could pause in March
▼ + stars: | 2022-12-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFahmy: Based on history, the Fed could pause in MarchJoseph Fahmy of Zor Capital says he's not expecting any sustained upside for markets until the Fed pauses its rate-hiking cycle.

☆ An influx of natural disasters and rising storm-recovery costs means Americans will have to pay pricier utility bills for decades
▼ + stars: | 2022-12-11 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Utility bills are costing Americans more than ever, thanks to natural disasters rocking power grids. Companies have taken on billions in debt to strengthen their grids against storms, according to WSJ. One in six US households are behind on their utility bills, the National Energy Assistance Directors' Association reported. According to a November release from the National Energy Assistance Directors' Association, one in six households in the US are behind on their utility bills. The families owe a total of $16.1 billion as of August 2022, an $8 billion increase from December 2019.

While indigenous groups account for about 5% of the world's population, their lands safeguard about 80% of Earth's remaining plant and animal species, according to the World Bank. Indigenous groups have a range of concerns about the U.N. summit negotiations. Some critics worry that the 30-by-30 target could be used to erode indigenous rights under the guise of conservation. Others, like Tuxa of Brazil and Ngomo of Congo argue that a 30% conservation target does not go far enough to ensure nature's protection. Adopting a 30% target at the national level could backfire, Tuxa said, in suggesting Brazil can open more land to development.

☆ ‘Living in despair and hopelessness’: A lack of affordable housing can put people’s health at risk
▼ + stars: | 2022-11-30 | by ( Renuka Rayasam Fred Clasen-Kelly Kaiser Health News | Renuka Rayasam | Fred Clasen-Kelly | ) edition.cnn.com time to read: +11 min

She suspected the gray and brown splotches spreading through the apartment were mold and had caused her son’s illness. A nationwide affordable housing crisis has wreaked havoc on the lives of low-income families, like Joseph’s, who are close to the brink. Housing instability — such as having trouble paying rent, living in crowded conditions, or moving frequently — can have negative consequences on health, according to the federal Office of Disease Prevention and Health Promotion. And there is no county in the country where a minimum-wage worker could afford a two-bedroom rental home, according to an August report from the National Low Income Housing Coalition. A few months after leaving the apartment, Joseph and her two children moved in with her sister in Orlando, Florida, with their remaining possessions — a car and some clothes.

Nov 29 (Reuters) - Deal-hungry Americans snapped up everything from toys to electronics during the five-day long Thanksgiving through Cyber Monday shopping bonanza lured by steep discounts, sales data showed. Online toy sales on Cyber Monday jumped nearly eight-fold compared to an average day in October 2022, according to Adobe. Electronics sales rose about five-fold, while sporting goods, appliances and books also saw increases over 400%. Reuters Graphics Reuters GraphicsCyber Monday sales rose 5.8%, said Adobe, which analyzes purchases at 85% of the top 100 internet retailers in the United States. Overall global online sales for the cyber week hit an all-time high of $281 billion, according to data from Salesforce (CRM.N), while U.S. online sales gained 9% to $68 billion.

The estimate from Adobe Analytics predicts an increase of up to 8.5% from a year earlier. Adobe Analytics measures e-commerce performance by analyzing purchases at 85% of the top 100 internet retailers in the United States. Both Adobe and MasterCard Spending Pulse are expected to release their updated Cyber Monday spending estimates on Tuesday. Americans have put off holiday shopping for weeks in the hopes of finding deeper post-Thanksgiving markdowns. Last year, Cyber Monday sales fell 1.4%, according to Adobe Analytics, as retailers kicked off holiday promotions early to avoid product shortages amid a global shipping crisis.

But Hong Kong's Court of Final Appeal (CFA) on Monday gave a final ruling on the matter, rejecting the government's application to impose a "blanket ban" on foreign lawyers working on national security cases, bar exceptional circumstances. Lai is one of the most prominent Hong Kong critics of China's Communist Party leadership including Xi Jinping, and Hong Kong's Department of Justice made repeated attempts to block Owen from representing him. SWEEPING NATIONAL SECURITY LAWLee also said there was no means of ensuring a foreign lawyer would not divulge state secrets that might emerge during a national security trial. Beijing imposed the sweeping national security law on Hong Kong in June 2020 after sometimes-violent protests rocked the city for months the year before. Beijing's power of ultimate legal interpretation is outlined in the Basic Law, the mini-constitution that grants extensive Hong Kong autonomy and freedoms.

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