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☆ Georgia’s Fulton County Jail subjects inmates to ‘inhumane, violent’ conditions that threaten their safety, DOJ finds
▼ + stars: | 2024-11-14 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +9 min

CNN —The Fulton County Jail in Atlanta unconstitutionally subjects inmates to “inhumane, violent and hazardous conditions” that threaten their safety, a US Justice Department official said Thursday, announcing the results of a 16-month investigation. “We cannot turn a blind eye to the inhumane, violent and hazardous conditions that people are subjected to inside the Fulton County Jail,” Clarke said. The deaths of Thompson and other inmates in the mental health unitThe 105-page report lays out examples of the problems it alleges, including the treatment of inmates with mental health challenges. Meanwhile, around 75% of the people who have died at the jail since 2021 had a mental health diagnosis or history of mental illness, Buchanan said. “The Fulton County Jail had as many stabbings in a single month as the Miami-Dade County Jail had all year, and that’s a facility with one-and-a-half times more people,” Clarke said.

Persons: ” Kristen Clarke, Lashawn Thompson, “, ” Clarke, Thompson, Kristen Clarke, WANF, ” Ryan Buchanan, ” Buchanan, Michael Harper, ” Harper, Thompson’s, –, Fulton County Sheriff Patrick Labat, Buchanan, ”, CNN’s Ryan Young, Nick Valencia, Hannah Rabinowitz, Dakin Andone Organizations: CNN, Jail, US Justice Department, Justice, US, Justice Department, Sheriff’s, Northern, Northern District of, Thompson’s, Fulton County Sheriff, Miami, Department team’s Locations: Fulton, Atlanta, Northern District, Northern District of Georgia, Fulton County, Dade, Union City

☆ Trump Media CFO, two other insiders sell millions of dollars worth of DJT stock
▼ + stars: | 2024-11-13 | by ( Dan Mangan | Dan Mangan Is A Reporter Covering Politics For Cnbc.Com. | ) www.nbcnews.com time to read: +3 min

The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new disclosures. The sale disposed of all of Swider’s Trump Media shares, the filing indicated. Swider controls a company, Renatus Advisors, that still owns 18,043 shares of Trump Media. Glabe, who is also the company’s secretary, still owns 336,576 restricted stock units in Trump Media after that sale. A Trump Media spokeswoman did not immediately respond to CNBC’s request for comment on the stock sales.

Persons: Phillip Juhan, Eric Swider, Scott Glabe, Donald Trump, Bluesky, Trump, Juhan, Swider, Swider’s, Glabe, Scott, Devin Nunes, Nunes ’ RSUs Organizations: Trump Media, Trump Media’s, U.S . Securities, Exchange, Swider’s Trump Media, Renatus Advisors, Glabe, Juhan Locations: DJT

☆ AMD to lay off 4% of workforce, or about 1,000 employees
▼ + stars: | 2024-11-13 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

"We are committed to treating impacted employees with respect and helping them through this transition." AMD had 26,000 employees at the end of last year, according to a U.S. Securities and Exchange Commission filing. AMD stock is down 5% in 2024 while Nvidia shares are up 200%, making it the most valuable publicly traded company in the world. AMD said in October it expects $5 billion in AI chip sales this year, about a fifth of the $25.7 billion in total sales FactSet projects for AMD's 2024. AMD also makes processor chips for laptops, desktops and servers, competing primarily with Intel.

Persons: chipmaker, FactSet Organizations: AMD, Nvidia, U.S . Securities, Exchange Commission, Meta, Microsoft, Intel, Mercury Research

☆ AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
▼ + stars: | 2024-11-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

CoreWeave, a startup that rents out Nvidia's artificial intelligence chips to other companies, said Wednesday that it closed a $650 million secondary share sale, with Cisco and Pure Storage investing alongside financial institutions. Bloomberg reported last month that CoreWeave was targeting a $23 billion valuation for the deal, up from $19 billion in a $1.1 billion investment round announced in May. CoreWeave is going head-to-head with large cloud infrastructure providers, such as Amazon and Google in providing Nvidia's graphics processing units, or GPUs, to companies for AI workloads. The following month Nvidia said its H200 GPUs had become available through CoreWeave, meaning the startup was the first cloud provider to reach general availability with the graphics cards. In addition to Cisco and Pure, investment firms including BlackRock , Coatue and Fidelity participated in CoreWeave's secondary sale.

Persons: CoreWeave, OpenAI's ChatGPT, Mike Intrator, CNBC's Organizations: Cisco, Bloomberg, Google, Nvidia, Microsoft, Investors, Core, Fidelity Locations: BlackRock, Coatue

☆ Cisco reports fourth straight quarter of declining revenue
▼ + stars: | 2024-11-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Cisco CEO Chuck Robbins speaks at The Wall Street Journal's Future of Everything Festival in New York on May 21, 2024. Cisco reported a fourth straight quarter of declining revenue even as results topped analysts' estimates. Net income fell to $2.71 billion, or 68 cents per share, from $3.64 billion, or 89 cents per share, in the same quarter a year ago. During the quarter, Cisco acquired security startups DeepFactor and Robust Intelligence. Analysts expected adjusted earnings for the year of $3.58 per share on $55.89 billion in revenue.

Persons: Chuck Robbins, Robbins, Scott Herren, Herren Organizations: Cisco, Everything, StreetAccount, Dell, White, Intelligence, Cisco Systems, Applied Materials, Disney Locations: New York

Authorities in Coos County, Oregon, are searching for a 5-year-old boy whose mother said he vanished over the weekend while she was taking a nap. Coos County Sheriff's Office / via FacebookThe Coos County Sheriff’s Office said that Joshua James McCoy was reported missing after sundown Saturday from Hauser, an unincorporated community that runs along Route 101 in Oregon. When she woke up at 5:30 p.m., Joshua was gone, according to statements from the sheriff’s office, which did not identify his mother by name. The Coos County Sheriff’s Office said in an update on its Facebook page Monday evening that teams have been searching for Joshua using drones and K-9 units, among other resources. The Coos County Sheriff’s Office added that “nothing is being ruled out at this time as we are considering all possible avenues.”“We maintain hope that Joshua will be found alive and well,” it said.

Persons: Joshua James McCoy, Hauser, Jeff Lee, Joshua, Josh, Lee Organizations: Coos County Sheriff's, Facebook, Coos County Sheriff’s, National Center for Locations: Coos County , Oregon, Coos County, Oregon, Joshua's

☆ How 9 newly minted Goldman Sachs partners celebrated their big day, from shouting across the trading floor to popping Champagne in the office
▼ + stars: | 2024-11-12 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +15 min

Goldman Sachs is a leading investment bank for corporate dealmaking and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said. Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Related storiesI happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called.

Persons: Goldman Sachs, David Solomon, —, revel, John Waldron, Wall, Rob Barlick, Robert Barlick, Goldman Sachs David, It's, that's, Lyla Bibi, Bibi Goldman Sachs, Bracha Cohen, Marco Argenti, I've, Matt Doherty, Matt Doherty Goldman Sachs, David, Kristin Olsen, Marc Nachmann, Shane Lee, Vishaal Rana, Goldman Sachs David Solomon, Aaron Siegel, Aaron Siegel Goldman Sachs, Hayley, Arthur Miller, John, –, Craig Smart, Craig Smart Goldman Sachs, Kristin, Marshall Smith, Sylvia Yeh, Sylvia Yeh Goldman Sachs, Reed Alexander Organizations: Partners, Service, Valley Bank, GS, Goldman Sachs Asset Management, Arthur Miller Foundation, Goldman Locations: Valley, Florida, America, New York, New York City, —, Goldman Sachs

☆ Ukraine hoped to force Russia to pick between 2 fronts. Putin chose both.
▼ + stars: | 2024-11-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine's big move this year was to invade Russia's Kursk region, hoping to divert Russia's main invasion. While it took ground in Kursk, Russia was also able to keep up its advance into eastern Ukraine. Russia is now amassing troops in Kursk, hoping to retake it without having compromised its main invasion. AdvertisementWhen Ukraine began its audacious incursion into Russia's Kursk region in August, it hoped to force a choice. That force amassed even as Russia kept up a steady advance on the main front line in eastern Ukraine.

Persons: —, Vladimir Putin's, Volodymyr Zelenskyy, Putin, Andrii Kovalenko Organizations: Service, The New York Times, Moscow Times, Ukraine's Center, North Korean Locations: Russia's Kursk, Kursk, Russia, Ukraine, North Korea, Ukrainian, Ukraine's, The

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Meta, Snowflake, Walmart, Wells Fargo, Alphabet & more
▼ + stars: | 2024-11-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates NXP Semiconductor as buy The firm said it's bullish on the semiconductor company. Morgan Stanley reiterates Walmart as overweight Morgan Stanley raised its price target on the stock to $89 per share from $82 ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with the stock heading into a Trump administration. Morgan Stanley upgrades International Flavors to overweight from equal weight Morgan Stanley said in its upgrade of International Flavors that the fragrance and spice company is undervalued. Morgan Stanley upgrades Viking to overweight from equal weight Morgan Stanley said it sees an attractive entry point for the cruise company.

Persons: it's bullish, NXPI, Mizuho, it's, Morgan Stanley, WMT, Tesla, VIK, Redburn, Ross, Robinson, Wells, Bristol Myers, MoffettNathanson, D.A, Davidson, Snowflake Organizations: Semiconductor, NXP Semiconductor, Nvidia, Mizuho, TAM, 4Q, Citi, Deutsche Bank, Deutsche, " Bank of America, & Co, Bank of America, Apple Locations: eCommerce, VIK, OW, Wells Fargo, Bristol

☆ Buy Nvidia as AI adoption is still in the early stages, Redburn Atlantic says
▼ + stars: | 2024-11-12 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Nvidia 's still in early growth stages as artificial intelligence capabilities continue to progress, according to Redburn Atlantic. Analyst Timm Schulze-Melander initiated the stock with a buy rating and a price target of $178, which implies upside of 22.5%. Looking ahead, the analyst sees the AI powerhouse boasting 65% EBIT margin expansion and compound annual earnings growth of 38% between 2024 and 2030. The first growth driver is in accelerated computing, which aims to make AI data processing more efficient, Schulze-Melander said. The second factor behind Nvidia's growth case is the market's underestimation of demand for the company's products and services — even as rivals try to curb the chipmaker's dominance.

Persons: Timm Schulze, Melander, Schulze Organizations: Nvidia

☆ Russia masses troops for Kursk offensive; Putin-Trump call denied by Kremlin
▼ + stars: | 2024-11-11 | by ( Freddie Clayton | Freddie Clayton Is A Freelance Journalist Based In London. | ) www.nbcnews.com time to read: +4 min

The Kremlin on Monday denied that Trump had spoken with Russian President Vladimir Putin. Ukraine and its allies have warned a counteroffensive in Kursk was likely for weeks, and said that thousands of North Korean troops were among the force assembled by the Kremlin in Kursk. As Russia continues its offensive, Ukraine is also reckoning with a shifting political landscape as its biggest backer elects a new president. However, Kremlin spokesperson Dmitry Peskov on Monday denied a Washington Post report, citing multiple unnamed sources, that Trump had spoken with Putin. Ukrainian officials said that at least two people were injured and buildings were damaged by Russian drone strikes on the southern region of Odesa.

Persons: ”, Oleksandr Syrskyi, Donald Trump’s, Trump, Vladimir Putin, ” Syrskyi, Volodymyr Zelenskyy, Putin, Zelenskyy, Elon Musk, Dmitry Peskov, ” Peskov Organizations: Monday, Kremlin, Korean, Ukrainian, Pentagon, Tech, Elon, Washington Post Locations: Russia, Kursk, Ukraine, U.S, United States, Moscow, Russian, Odesa

☆ Deportations actually dropped under Trump during first presidency
▼ + stars: | 2024-11-11 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —Given his rhetoric demonizing undocumented immigrants and his promise to engage in mass deportations when he returns to the White House in January, it’s kind of shocking that deportations actually dropped in the four years Donald Trump was president. Appearing Monday on Fox News, Homan said Trump 2.0 will be like his first term but with more deportations. During his first term, Trump also promised mass deportations. But that’s about half the 2.9 million deportations undertaken during Barack Obama’s first term and fewer than the 1.9 million deportations during Obama’s second term. It’s on par with Biden’s 1.49 million deportations, according to updated calculations Bush-Joseph shared with me.

Persons: CNN —, Donald Trump, It’s, Joe Biden’s, Trump, Tom Homan, Homan, “ It’s, it’s, Biden, ” Homan, Obama, Kathleen Bush, Joseph, Barack Obama’s, Bush, The Trump, ” Bush, David Bier, Bier, ” Bier, ‘, John Sandweg, CNN Sandweg, We’re, ’ you’re, ” Sandweg, ” Organizations: CNN, White, Customs, Fox News, Trump, Migration Policy, Obama’s, Cato Institute, ICE Locations: Mexico

☆ A former North Korean special forces soldier said Kim Jong Un's elite 'Storm Corps' in Russia likely isn't his A-team
▼ + stars: | 2024-11-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

One ex-member of the branch said he thinks North Korea did send special forces, but not its best. AdvertisementAs questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korean leader Kim Jong Un attends a military demonstration in North Korea, in this picture released on March 16, 2024. During a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. This image released by South Korea's spy agency the National Intelligence service shows North Korean leader Kim Jong-Un watches numerous shirtless North Korean troops in combat training, according to the agency.

Persons: —, Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Lee, there's, Kim, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Service, Korea Times, North, KCNA, REUTERS, The Korea Times, Associated Press, Wall Street, Ukraine's Center, National Intelligence, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Ukraine, Kursk, Korean, South

☆ Alien-like signal from 2023 has been decoded. The next step is to figure out what it means
▼ + stars: | 2024-11-11 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +8 min

CNN —If Earth’s astronomical observatories were to pick up a signal from outer space, it would require an all-hands-on-deck effort to untangle and decipher the extraterrestrial message. The message, decoded by Ken Chaffin and daughter Keli, is not static but is in motion as the white dots are arranged into the five amino acids. The message is not static but is in motion and only displays the arrangement for about one-tenth of a second. The project’s designers confirmed that amino acids are the intended message, but they are leaving the interpretation open. The project team intentionally created a complex message, with some team members predicting it could take weeks or even years to be decoded.

Persons: Ken Chaffin, Keli, Ken Chaffin Ken Chaffin, Daniela de Paulis, Baruch Blumberg, Robert C, ”, “, Chaffin, Keli Chaffin, de Paulis, Paulis, they’re, ’, ” Keli Chaffin Organizations: CNN, SETI Institute, European Space Agency, Green Bank, Allen, Byrd Green Bank Telescope, Medicina Locations: View , California, Astrobiology, West Virginia, Mars, Northern California, Bologna, Italy

CNN —Since September 1, the Ukrainian capital Kyiv has been spared from Russian drone attacks on just one night – October 14. On Saturday night, Ukrainian air defenses detected a record 145 incoming Shahed drones. “We have been doing this for over two years,” he said, but the intensity of drone attacks had peaked over the past two to three months. The drone attacks seem calculated to instil fear rather than cause mass casualties, but several people have been killed in recent weeks. Russian forces already occupy almost all of Luhansk and substantial parts of Donetsk, Zaporizhzhia and Kherson – altogether some 20% of Ukraine.

Persons: Viktoria Kovalchuk, Teo, ” Kovalchuk, Victoria Kovalchuk, Kovalchuk, Maksym, ”, Bridges, Konstantin Usov, don’t, Usov, Yuriy Chumak, Chumak, “, Mariya Troyanivska, Oleksander Syrskyi, Genya Savilov, Konrad Muzyka, Muzyka, Syrskyi, ” Muzyka, Lloyd Austin, Stringer, Reuters Rym, Montaz, Richard Haass, ” Haas, Andrii Sybiha, Donald Trump’s, Trump, JD Vance, Volodymyr Zelensky, hasn’t Organizations: CNN, Ukraine’s, Kyiv International Institute of Sociology, 43 Artillery Brigade, Getty, Rochan Consulting, US, Reuters, Carnegie Endowment, International, Kyiv, Russian, Foreign Affairs, Kherson –, NATO Locations: Ukrainian, Kyiv, Ukraine, Europe, Kharkiv, Zaporizhzhia, Russian, Donetsk, Dnipro, Pokrovsk, AFP, Kursk, Russia, Toretsk, Washington, Luhansk, Kherson, “, Moscow

☆ A former North Korean special-forces soldier said Kim Jong Un's elite 'Storm Corps' in Russia likely isn't his A-team
▼ + stars: | 2024-11-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

As questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korea's leader, Kim Jong Un, at a March military demonstration in North Korea. AdvertisementDuring a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. AdvertisementThat comes as South Korea has become home to one of the world's fastest-growing defense industries in recent years. Correction: November 11, 2024 — An earlier version of this story misstated the country in which videos appear to show North Korean troops.

Persons: Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Kim, Lee, There's, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Korea Times, KCNA, REUTERS, The Korea Times, Associated Press, North, Korea's Defense Ministry, Wall Street, Ukraine's Center, South Korea's National Intelligence Service, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Kyiv, Ukraine's, Ukraine, Kursk, Korean, South

☆ Internal Tesla salary database shows Elon Musk's strategy: Lower salaries, bigger stock grants
▼ + stars: | 2024-11-11 | by ( Grace Kay | Madison Hoff | ) www.businessinsider.com time to read: +12 min

Business Insider secured access to an internal Tesla pay database, covering nearly 100,000 employees as of December 2021. Tesla offers lower base salaries than its tech and automotive peers but offers substantial stock grants. Nine current and former people in engineering and sales said that Tesla's stock grants make it easier to accept lower base salaries. To get a sense of which employees were more likely to take home large grants, BI broke up stock grants based on job category. So far, stock grants have "proven to be better than cash in your pocket."

Persons: Elon Musk's, It's, Tesla, Donald Trump's, —, Zaheer Mohiuddin, ISOs, Greg Selker, Stanton Chase, Selker, Musk, we've, Harley Shaiken, Ford, Shaiken, Drew Baglino, Zachary Kirkhorn, Omead Afshar, Aaron Greenspan, it's Organizations: Business, CNBC, Securities and Exchange Commission, Nvidia, Ford, Meta, Amazon, Apple, Microsoft, BI, Companies, Google, US, Netflix, Big Tech, GM, Musk, Bloomberg Locations: Silicon Valley

☆ I wanted my daughter to graduate from college debt-free, so I bought a storage unit business. It paid for her entire tuition.
▼ + stars: | 2024-11-10 | by ( Nancy Brier | ) www.businessinsider.com time to read: +5 min

I bought a storage unit business, and it became so successful that it has paid for her full tuition. I didn't visualize myself shoveling out storage units full of cat toys, abandoned tires, chainsaw parts, and cheese graters. AdvertisementThat's when we looked into the storage business to help pay for her college tuition. We bought a fixer-upper mini storage businessAfter a long search, we spotted an ad for a fixer-upper mini storage business and decided to make an offer in 2020. And if life takes another unexpected turn, maybe our college graduate can use the mini storage to house a plumbing truck.

Persons: —, Lauren, Gary, we've, we'll Organizations: Service, . Media

☆ Top Wall Street analysts like these dividend-paying stocks
▼ + stars: | 2024-11-10 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

To select the right dividend stocks, investors can consider the recommendations of top Wall Street analysts, who have a strong track record and provide useful insights based on a thorough analysis of a company's fundamentals. Here are three dividend-paying stocks, highlighted by Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Scotto highlighted EPD's robust backlog of organic growth projects, with notable projects expected to come online next year and fuel the company's growth. International Business MachinesWe move to the next dividend stock, IBM (IBM). In Q3, IBM generated free cash flow of $2.1 billion and returned $1.5 billion to shareholders through dividends.

Persons: Donald Trump, Wall, EPD, Elvira Scotto, Scotto, TipRanks, Amit Daryanani, Daryanani, Arvind Krishna, ARCC, Kenneth Lee, ARCC's, Lee Organizations: Wall Street, Enterprise Products, Enterprise Products Partners, RBC Capital, Machines, IBM, Consulting, Software, IBM's Software, Hat, Ares, Ares Capital Locations: TipRanks

☆ U.S. ordered TSMC to halt shipments to China of chips used in AI applications, source says
▼ + stars: | 2024-11-10 | by ( ) www.cnbc.com time to read: +1 min

The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of 7 nanometer or more advanced designs, destined for China that power AI accelerator and graphics processing units (GPU), the person said. The U.S. order, which is being reported for the first time, comes just weeks after TSMC notified the Commerce Department that one of its chips had been found in a Huawei AI processor, as Reuters reported last month. Tech research firm Tech Insights had taken apart the product, revealing the TSMC chip and apparent violation of export controls. TSMC suspended shipments to China-based chip designer Sophgo after its chip matched the one found on the Huawei AI processor, sources told Reuters last month. Reuters could not determine how the chip ended up on Huawei's Ascend 910B, released in 2022, viewed as the most advanced AI chip available from a Chinese company.

Persons: TSMC, Sophgo Organizations: Taiwan Semiconductor Manufacturing Co, of Commerce, Commerce Department, Huawei, Reuters, Tech Locations: Krakow, Poland, China, U.S

A brush fire broke out Friday night in Prospect Park, in the Brooklyn borough of New York City, amid a drought that has been plaguing the northeastern U.S. for weeks. The New York City Fire Department posted about the fire on X at around 8 p.m. and said "operations are ongoing." On Thursday, "temperatures soared to well above normal readings," the National Weather Service office in New York said. The entire New York City region was under a red flag warning Friday, the weather service said, with wind gusts up to 30 mph possible. Prospect Park is located between the neighborhoods of Park Slope, Prospect Heights, Prospect Lefferts Gardens, Flatbush and Windsor Terrace in Brooklyn and boasts a zoo and an ice rink in its 526 acres.

Persons: Eric Adams, Adams, ” Adams Organizations: New, New York City Fire Department, NBC, New York City, FDNY, Emergency Management, NYC Department of Parks and Recreation, National Weather Service, National Oceanic, Atmospheric Administration, Regional Climate Center, New York State Division of Homeland Security, Emergency Services Locations: Prospect Park, Brooklyn, New York City, U.S, York, New York, New Jersey , Connecticut, Massachusetts, Cities, Philadelphia, Newark , New Jersey, Wilmington , Delaware, Norfolk , Virginia, New, Park Slope, Prospect Heights, Prospect Lefferts Gardens, Flatbush, Windsor Terrace

☆ Seaman rescued after more than 20 hours at sea off Australia’s east coast
▼ + stars: | 2024-11-09 | by ( Chris Lau | ) edition.cnn.com time to read: +2 min

CNN —A seaman who fell off a cargo ship survived almost 20 hours at sea before being rescued off Australia’s southeastern coast on Friday, according to emergency services. Marine Rescue NSW vessels were deployed to search for a seaman who had fallen off a cargo ship. Marine Rescue NSW/Facebook“He was wearing a life jacket, he was conscious, he was able to communicate with us, he was very cold, he was hypothermic and exhausted – he was absolutely exhausted,” she added. The authority said it had deployed water police and marine rescue units for the rescue, as well as two sea vessels and two helicopters. Jason Richards from NSW Marine Rescue told 9News that they had no idea how long the man was in the water for in the beginning.

Persons: “, Erin Laughton, CNN’s, –, Jason Richards, 9News, he’d Organizations: CNN, Boatrowers, NSW Ambulance, John Hunter Hospital, ” NSW Ambulance, . NSW Ambulance, Marine Rescue NSW, Marine Rescue, Facebook, Australian Maritime Safety Authority, NSW Marine Rescue Locations: Singapore, New South Wales, Beach, Newcastle, ”

☆ The youngest member of Goldman's 2024 partner class takes us inside his big day, from his call with President John Waldron to celebrating with his boss
▼ + stars: | 2024-11-09 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

Feroz Khosla, part of Goldman Sachs' financing group, was named a Goldman partner on Thursday. AdvertisementFeroz Khosla was seated at his desk at Goldman Sachs' lower Manhattan headquarters when the call came in. AdvertisementGoldman Sachs partners comprise the firm's highest-ranking executives outside the C-Suite, responsible for units representing billions of dollars in business. At one point, someone leaned over and said to Khosla's wife: "Welcome to the family," he said. "Goldman Sachs was the first family that I really had when I left India," he said, adding: "Frankly, it's the only jersey I want to wear."

Persons: Feroz Khosla, Goldman Sachs, Goldman, Khosla, —, John Waldron, Waldron, He's, David Solomon, Michael Kovac Champagne toasts, Manhattan . Khosla, Vivek Bantwal, Bantwal, he'd, Lucy, Reed Alexander Organizations: Service, Manhattan ., Education Locations: Manhattan, India, America

☆ Ukraine says it launched drone attack on Russian chemical plant
▼ + stars: | 2024-11-09 | by ( Sophie Tanno | Victoria Butenko | ) edition.cnn.com time to read: +2 min

CNN —Ukraine launched a drone attack on a Russian chemical plant in the western city of Tula overnight on Friday into Saturday, according to the country’s security service. According to the SBU, Aleksinsky chemical plant was hit by at least 13 Ukrainian drones, resulting in explosions and clouds of smoke following the attack. Social media footage verified by CNN shows the attack on Aleksinsky chemical plant, which lies around 120 miles (200 km) south of Moscow, launched by Ukraine’s SBU Security Service and Special Operations Forces. The security service is carrying out a “comprehensive operation” against facilities in Russian territory that are involved in the war in Ukraine, a source in the SBU said. The governor of Tula region, Dmitriy Miliayev, said a drone attack overnight from Ukraine was foiled by Russia, but did not mention the chemical plant, in a statement on Saturday.

Persons: SBU, Dmitriy Miliayev, Miliayev, ” Organizations: CNN —, Staff, CNN, Ukraine’s SBU Security, Special Operations Forces, Russian Ministry of Defense, Russian Federation Locations: CNN — Ukraine, Tula, Ukrainian, Moscow, Russia, Ukraine, Russian, Kyiv

☆ Correction: Sony reports 73% jump in operating profit, beating expectations
▼ + stars: | 2024-11-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The Japanese tech giant revised its fiscal year 2025 revenue target up slightly to 12.7 trillion yen. Sony also expects full-year operating profit of 1.3 trillion yen, in line with its previous forecast. That came as Sony saw strength in its game and network services division, which houses its popular PlayStation home console brand. Game and network services revenue at the company came in at 1 trillion yen, up 11% year-over-year. Correction: This story has been updated to reflect that operating income jumped 73% year-over-year in the September quarter.

Persons: — Organizations: Sony, PlayStation, Nintendo, VI

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