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Greiner opened up about the evolution of cloud technology and generative AI in the public sector. What's the current demand for AI, particularly generative AI, in the public sector? Cloud went through a similar process, and I think lessons were learned that are now applied to generative AI. Can you provide examples of how generative AI is deployed in the public sector? Are general attitudes toward generative AI receptive or cautious in the public sector?
Persons: Tom Greiner, Accenture's, Greiner, , we've, they've, there's, We've, Cloud, it's Organizations: Service, Accenture, Department of Homeland Security, Business, Data, National Institute of Standards, Technology, It's, NIST, Excellence, District of Columbia Department of Health, Amazon Web Locations: Europe, United States, Germany
CNN —The Justice Department is expected to soon announce criminal charges against the Iranian government-backed hackers who carried out a hack-and-leak operation targeting former President Donald Trump’s campaign, four sources familiar with the matter told CNN. The criminal charges against the Iranian hackers could be unveiled as soon as next week, two of the sources said. The Iranian hackers stole internal Trump campaign documents and shared them with news organizations in an attempt to sow discord during the presidential election, according to US officials. The hackers breached the email account of longtime Trump ally Roger Stone to target campaign staff in June, CNN has reported. CNN has requested comment from the Justice Department on the pending move against the hackers.
Persons: Donald Trump’s, Roger Stone, Matthew Olsen, , ” Olsen, China — Organizations: CNN, The Justice, Trump, Islamic Revolutionary Guard Corps, Justice Department, The Washington, Columbia Law, Department’s Locations: Russian, Iran, China, United States
Occidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett's stake in the company. Berkshire Hathaway's $13 billion stake in Occidental Petroleum may be underwater, based on estimates. The price decline in Occidental shares has coincided with a 23% decline in crude oil prices since mid-April. AdvertisementTo be clear, the average price Berkshire Hathaway paid for its Occidental Petroleum stake is only known by Berkshire Hathaway itself. Another sign that Berkshire Hathaway's Occidental Petroleum bet is souring is based on the warrants it owns to purchase additional shares.
Persons: Warren Buffett's, , Warren, Warren Buffett's Berkshire, Buffett, Berkshire Hathaway, Chris Bloomstran, Semper Augustus, Bloomstran, Vicki Hollub, it's, Hollub Organizations: Occidental Petroleum, Berkshire Hathaway's, Service, Warren Buffett's Berkshire Hathaway, Berkshire, Berkshire Hathaway's Occidental Petroleum, Apple, Bank of America, Occidental, Occidental Petroleum's Locations: Berkshire, Occidental
SKIP AHEAD How I picked the best backpacks for college students | The best backpacks for college students | How to shop for a backpack as a college student | Why trust NBC Select? How I picked the best backpacks for college studentsThere are several factors to consider when looking for a backpack if you’re a college student. Padding and ergonomics: Both of our experts, chiropractor Dr. Matt Cavanaugh and ergonomics expert Kevin Costello, said that padded wide shoulder straps are essential for college students looking to prioritize comfort. It comes with both shoulder straps and two leather loops on top that you can fasten with the metal button. It has a flexible water bottle pocket on the side, a trolley sleeve, a 17-inch laptop sleeve and breathable padding on the back to reduce sweating.
Persons: you’re, chiropractor Dr, Matt Cavanaugh, Kevin Costello, Costello, , , It’s, Alo Stow, Alo, Calpak Kaya, Nikki Brown, she’s, it’s, Jordan Bowman, “ I've, Orvis, I've, Josh Rios, Rios, I’ve, Beckmann, Lauren Swanson, Herschel, ” Alan Hedge, Matthew Cavnugh, Alan Hedge, TikTok Organizations: NBC, Adidas, America, Cornell Institute for Healthy Futures, Cavanaugh Chiropractic, Cornell University’s College of Human, Facebook, Twitter Locations: Herschel, United States, Lafayette , Louisiana
Circuit Court of Appeals said plaintiff Corey McNellis could proceed with a bias lawsuit against the Douglas County School District because school administrators allegedly cited his “religious comments” about the play as the basis for his 2020 firing. Lawyers for McNellis and the school district did not immediately respond to requests for comment. During the email exchange with the theater director, McNellis wrote: “As a Christian I would love to collaborate with your project. The 10th Circuit agreed with Moore that McNellis had not made out plausible retaliation and free-speech claims, but said his bias claims could go forward. The case is McNellis v. Douglas County School District, 10th U.S.
Persons: Corey McNellis, Matthew Shepard, Veronica Rossman, Joe Biden, McNellis, , ” McNellis, Raymond Moore, Moore, Robert Bacharach, Barack Obama, Harris Hartz, George W, Bush Organizations: Circuit, Douglas County School District, Democratic, McNellis, U.S . Constitution, U.S . Constitution . U.S, District, Republican Locations: Colorado, Denver, Wyoming, U.S ., U.S . Constitution ., 10th U.S
Harris and Trump didn't interact after the debate ended Saul Loeb/AFP/Getty Images Trump speaks during the debate. Chip Somodevilla/Getty Images Trump supporter Pat Tuttle watches the debate from Jonathan's Grille in Nashville, Tennessee. Saul Loeb/AFP/Getty Images Harris averages 49% support across recent polls while Trump stands at 48% in the latest CNN Poll of Polls . Matthew Hatcher/AFP/Getty Images Trump and Harris shake hands at the start of the debate. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you.
Persons: Donald Trump, Kamala Harris, strode, Harris, Trump, Mike Tyson’s, , didn’t, Joe Biden, David Muir, Linsey Davis, Michael Le Brecht, Sean Hannity, CNN's Kaitlan Collins, Collins, Chip Somodevilla, Douglas Emhoff, Saul Loeb, Alex Brandon, Pat Tuttle, George Walker IV, Sen, John McCain, Tristen Rouse, CNN Trump, Win McNamee, Adam Gray, Doug Mills, CNN Harris, peppering, Sheena Carey, Morry Gash, he’d, , ” Trump, Christine Rogers, Matthew Hatcher, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, don’t, George W, Bush, it’s, they’ve, There’s, Biden, Taylor Swift, Tim Walz, Harris didn’t, unaccountably, JD Vance, Barack Obama’s, she’s, Viktor Orban, Trump’s, hadn’t, Vladimir Putin, “ You’re, you’re Organizations: CNN, ABC News Trump, Fox News, National Constitution Center, Getty, Trump, Pennsylvania Convention Center, Images, Affordable, People, Nasdaq, New York Times, Bloomberg, AP, AP Trump, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, ABC, Force, White, Central, Five, Biden Locations: America, Philadelphia, Pennsylvania, Nashville , Tennessee, Washington ,, New York, Milwaukee, United States, AFP, Afghanistan, , Hungarian, Ukraine, Russia
Investors swiftly penalized Trump’s social media business following the former president’s widely panned debate performance. Trump Media initially spiked 10% that day, before fizzling and ending in the red. Trump Media has at times become a way for traders to bet on the political fortunes of Trump and the chances he returns to the White House. Trump is not only the dominant shareholder in Trump Media, he is the most popular user on Truth Social, the company’s only significant product. The lock-up restrictions preventing Trump from selling his 114.75 million shares in Trump Media are set to expire later this month.
Persons: Donald Trump, Kamala Harris, Trump, Joe Biden’s, ” Matthew Tuttle, Harris ’, , ” Tuttle, Michael Block, AgentSmyth, , ” Block, didn’t, Biden Organizations: New, New York CNN, Trump, Trump Media & Technology Group, Social, ABC, CNN, Trump Media, Tuttle Capital Management, ” Trump, White, Truth Locations: New York, Coinbase
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump 'looked rather reckless' during presidential debate, says Republican strategistMatthew Bartlett, Republican strategist and former Trump administration appointee, discusses the presidential debate between Democratic presidential nominee Kamala Harris and Republican nominee Donald Trump.
Persons: Matthew Bartlett, Trump, Kamala Harris, Donald Trump Organizations: Democratic, Republican
Mortgage rates hit lowest level since February 2023
  + stars: | 2024-09-11 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +3 min
According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest level in 20 years. (Photo by Justin Sullivan/Getty Images)Mortgage rates fell for the sixth straight week last week, but mortgage demand still seems to be waiting for something bigger. That is the lowest level since February 2023 and nearly a full percentage point lower than the same week one year ago. Total mortgage demand, however, rose just 1.4% for the week, according to the MBA's seasonally adjusted index. Mortgage rates continued to move lower to start this week, according to a separate survey by Mortgage News Daily, but the monthly release of the Consumer Price Index, a measure of inflation, on Wednesday could impact the direction of rates more sharply in either direction.
Persons: Justin Sullivan, Joel Kan, Kan, Matthew Graham Organizations: National Association of Realtors, Mortgage, Association, Treasury, Federal Reserve, Labor, Mortgage News Locations: CALIFORNIA, Larkspur , California
Price action in the stock market suggests markets think Kamala Harris won Tuesday's debate. Investors reacted by selling assets tied to the "Trump trade," with declines in Trump Media stock and bitcoin. AdvertisementThe first Presidential debate between Kamala Harris and Donald Trump is over and markets have named the winner. Following Tuesday night's debate, markets are showing signs that Vice President Harris came out on top, with investors voting with their portfolios and selling assets tied to the so-called Trump trade. On the flipside, assets that could see a boost from a Kamala Harris presidency were up Wednesday.
Persons: Price, Kamala Harris, Trump, Harris, , Donald Trump, Matthew Ryan, Ebury, it's Organizations: Trump Media, Service, Trump, Technology Group, Truth, cryptocurrency, ING, ING Economics
Read previewVice President Kamala Harris and former President Donald Trump met for their first debate on Tuesday night. Kamala Harris made a point to shake hands with TrumpFor the first time since 2016, the two presidential candidates shook hands on the debate stage. "Kamala Harris, good to debate with you," the vice president could be heard saying. AdvertisementThat's a choice, given the performative aspects of a high-stakes presidential debate. AdvertisementFormer President Donald Trump and Vice President Kamala Harris during the ABC News presidential debate.
Persons: , Kamala Harris, Donald Trump, Harris, didn't, Trump, Roe, Wade, Sen, JD Vance, Thomas Matthew Crooks, Joe Biden, Biden Trump, Biden, Putin, Vladimir Putin Organizations: Service, National Constitution Center, Business, Trump, ABC, ABC News Trump, Washington Post, United Locations: Philadelphia, Butler , Pennsylvania, Atlanta, United States, Ukraine, Poland, Pennsylvania
GameStop stock plunged on Wednesday after revealing a 31% revenue decline in its second-quarter earnings. The video game retailer's revenue drop comes amid the industry's shift to digital game downloads. AdvertisementGameStop investors received a sobering wakeup call on Wednesday after the video game retailer saw its stock plunge as much as 18%. GameStop's earnings revealed a sharp 31% revenue decline to $798 million as the video game industry accelerates its transition from physical game sales to digital game downloads. AdvertisementAside from the sharp revenue decline, GameStop reported a slight profit surprise with adjusted earnings per share of $0.01 higher than the -$0.09 estimate from Wall Street.
Persons: , Keith Gill, Ryan, Ryan Cohen's GameStop Organizations: GameStop, Service, Nintendo, Sega, Wall, Federal, SEC
Nvidia stock surged 6% on Wednesday, helping fuel a tech-led rebound in the stock market. CEO Jensen Huang discussed the return on investment of AI infrastructure at a Goldman Sachs conference. Productivity gains and immediate cost savings are the core tenets of Nvidia's ROI pitch to customers. The gains in Nvidia stock came as CEO Jensen Huang addressed investors at a Goldman Sachs conference in San Francisco Wednesday morning. "You reduce the computing time by about 20 times, and so you get a 10x savings," Huang said of running Nvidia's GPU accelerators relative to traditional CPUs.
Persons: Jensen Huang, Goldman Sachs, , David Solomon, Huang, Solomon, Nvidia's, Claude, There's Organizations: Nvidia, Goldman, Productivity, Service, San Locations: San Francisco
On Sept. 9, Meredith Gaudreau delivered a heartbreaking speech for the Columbus Blue Jackets player during the joint funeral for him and his brother. Through tears, Meredith Gaudreau recalled their love story and spoke about welcoming their first child together, a baby girl named Noa. Three kids.’”She added that their oldest child, Noa, has not celebrated her second birthday yet. Her pregnancy news came after her sister-in-law Madeline Gaudreau read her eulogy to husband Matthew and also mentioned being pregnant. Johnny and Matthew Gaudreau previously played together at Boston College before their professional careers.
Persons: Meredith Gaudreau, Johnny Gaudreau, Matthew Gaudreau, Noa, John, “ John, There’s, ” Meredith Gaudreau, , , we’ve, Madeline Gaudreau, Matthew, Meredith, Matty, Tripp, “ Matthew, Matt, ” Madeline Gaudreau, “ I’m, Johnny, Jerry York Organizations: Columbus Blue Jackets, New Jersey State Police, NBC Philadelphia, NJ Advance Media, Boston College Locations: New, New Jersey
An expansion rate surpassing America'sKFC, run by Shanghai-headquartered Yum China, has historically enjoyed the lion's share of the country's fast-food cravings. Hopes for a new middle class in ChinaCities in China are unofficially grouped into tiers according to their status, size, and wealth. Chinese KFC has nearly doubled its menu itemsExpanding during a sluggish economy might make sense for fast food brands, which are often classified as recession-proof as consumers downgrade their spending. Advertisement"Now, they are doubling down further on this strategy by expanding into the inland regions of China, especially Tier Three and Tier Four cities with a growing middle class," they told BI. Yum China has also been expanding aggressively in the country's burgeoning coffee scene, establishing a popular spin-off called KCoffee.
Persons: , It's, McDonald's, Shaun Rein, Rein, Allison Malmsten, Malmsten, Cui Nan, Wang Gang, Jonathan Bernstein, Bernstein, Kung Fu, Daxue, it's, They've Organizations: Service, Thursday, Business, McDonald's, Tier, China Market Research Group, KFC, LONG, Future Publishing, Getty Images, China, US, Yum China, Daxue Consulting, Publishing, China News Service, Getty, Analysts, Yonder Consulting Locations: China, Kentucky, Weibo, Hangzhou, China's, Shanghai, China Cities, Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Nanyang, Suqian, Jiangsu, London, Asia, Shanghai thronged
Baltimore Ravens (0-1)Last week: 3Thursday: Lost to Kansas City Chiefs 27-20Lamar Jackson can’t keep this up. New York Jets (0-1)Last week: 13Monday: Lost to San Francisco 49ers 32-19Let’s focus on the positive: Aaron Rodgers made it through Week 1 perfectly healthy. Cincinnati Bengals (0-1)Last week: 9Sunday: Lost to New England Patriots 16-10Ja’Marr Chase didn’t have a great negotiating week. Atlanta Falcons (0-1)Last week: 15Sunday: Lost to Pittsburgh Steelers 18-10The Falcons spent big on free-agent quarterback Kirk Cousins in the offseason. Cleveland Browns (0-1)Last week: 11Sunday: Lost to Dallas Cowboys 33-17Let’s review the Deshaun Watson situation.
Persons: we’re, Dallas, we’ll, Xavier Worthy, Rashee Rice, Travis Kelce, Xavier, Christian McCaffrey, Heck, Kyle Shanahan, Jordan Mason, McCaffrey, Mason, Brandon Aiyuk, Francisco, Josh Allen, He’s, Steve Young, Keon Coleman, Terrel Bernard, Matt Milano, Joe Mixon, , , Stefon Diggs, Nico Collins, Dan Campbell’s, Jared Goff, David Montgomery, Jameson Williams, Saquon Barkley, Jalen, Jason Kelce, Dak Prescott, Prescott, Tua Tagovailoa, opkRevcnUI, Justin Herbert, Dobbins, Jim Harbaugh, Harbaugh, Baker Mayfield, Mayfield, Baker, Wsb0UiW5hR — Chase Daniel, Derek Carr, Alvin Kamara, Mike Macdonald’s, Kenneth Walker’s, Tariq Woolen, Devon Witherspoon, Macdonald, Mike Macdonald's, Mike Tomlin, Chris Boswell, Justin Fields, Russell Wilson, Kirk Cousins, J.J . McCarthy, Sam Darnold, Darnold, Aaron Jones, Dallas Turner, Keion White, Rhamondre Stevenson, Jacoby Brissett, Drake Maye, Brissett, Bill Belichick, Caleb Williams, D’Andre Swift, Rome Odunze, Greenberg, Lamar Jackson can’t, Jackson, Patrick Mahomes, Derrick Henry, Henry, Anthony Richardson, Alec Pierce, Puka, Matthew Stafford, Cooper Kupp, Kupp, Stafford, Aaron Rodgers, Allen Lazard, Malik Willis, Love, Trevor Lawrence’s, Gabe Davis, Brian Thomas Jr, Marvin Harrison Jr, Maxx Crosby, Christian Wilkins, Antonio Pierce, Chase didn’t, Chase, Tee Higgins, Joe Burrow’s, Will Levis, Levis, Tony Pollard’s, Bo Nix, Joe Nicholson, Sean Payton, Sean McVay, Cousins, Jayden Daniels, Daniels, Tom Brady, Daniel Jones, Barkley, Jones, Malik Nabers, KrhmYcX77S — Alex Wilson, Bryce Young’s, “ We’ve, Dave Canales, Adam Thielen’s, Watson, it’s, Khalil Shakir, Dalton Kincaid, Bryan M, Bennett Organizations: Bears, Texans, NFL, Cleveland Browns, Baltimore Ravens, Chiefs, Super, Bengals, Beat New York Jets, 49ers, Niners, Minnesota Vikings, Beat Arizona Cardinals, Nine Bills, Miami Dolphins, Beat Indianapolis, Cincinnati Bengals, Chicago Bears, Los Angeles Rams, Lions, Tampa Bay Buccaneers, Rams, Green Bay Packers, New York Giants, Former Giants, Atlanta Falcons, Dallas Cowboys, Beat Cleveland Browns, Cowboys, Cleveland, New, New Orleans Saints, Beat Jacksonville Jaguars, Dolphins, Buffalo Bills, Las Vegas Raiders, Ravens, Carolina Panthers, Browns, Panthers, NFC, Detroit Lions, Beat Carolina Panthers, New Orleans, Saints, Beat Denver Broncos, Seattle, New England Patriots, Seahawks, Beat Atlanta Falcons, Steelers, Denver Broncos, Beat New York Giants, Vikings, Atlanta, Eight Vikings, Minnesota, San Francisco 49ers, Beat Cincinnati Bengals, Seattle Seahawks, Beat Tennessee Titans, Houston Texans, Kansas City Chiefs, Indianapolis Colts, Colts, Detroit, Arizona Cardinals, New York Jets, Tennessee Titans, Philadelphia Eagles, Packers, Jacksonville Jaguars, Jacksonville, 33rd Team, Jaguars, Dallas, Los Angeles Chargers, The Raiders, Chargers, Chicago, ET Broncos, Broncos, Pittsburgh Steelers, Falcons, Washington, Fox, Eagles, Carolina Locations: Dallas, Houston, South America, New Orleans, J.K, Tampa Bay, Carolina, England, Baltimore, Jordan, Brazil, Dak, Arizona, Cincinnati, That’s, Tennessee, Seattle, USA, Denver
Fact check: Donald Trump, Kamala Harris debate on ABC News
  + stars: | 2024-09-10 | by ( Cnn Staff | ) edition.cnn.com   time to read: +18 min
CNN —Former President Donald Trump and Vice President Kamala Harris are facing off for the first time Tuesday during ABC’s presidential debate. “I had no inflation, virtually no inflation,” Trump said. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you. Have fun.” Saul Loeb/AFP/Getty Images Trump and Harris stand on stage at the start of the debate. “But understand if Donald Trump were to be elected, he will sign a national abortion ban.
Persons: Donald Trump, Kamala Harris, Harris, Donald Trump’s, Trump, Katie Lobosco, MAGA, , ” Trump, Daniel Dale, Tami Luhby, Chip Somodevilla, he’s, FactCheck.org, Steven Cheung, Cheung, Kaanita Iyer Trump, Joe Biden, , gotaways, Michelle Mittelstadt, Piper Hudspeth Blackburn, David Muir, Linsey Davis, Michael Le Brecht, Alex Brandon, Doug Mills, Pat Tuttle, George Walker IV, Saul Loeb, Tristen Rouse, CNN Harris, Win McNamee, Sheena Carey, Morry Gash, Matthew Hatcher, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, ” Harris, Noah Weinrich, Kaanita Iyer, Feedback Trump, John Roberts, Devan Cole Trump, Sen, JD Vance, ” Vance, Michael Williams Trump, United States –, Katie Lobosco Harris, , Mike Pence, Rather, “ Joe Biden, Ella Nilsen Trump, Elisabeth Buchwald Organizations: CNN, Trump, Center for American Progress, Fund, CAP, Peterson Institute for International Economics, Center, CNN Trump, Breitbart News, Border Patrol, Biden, Patrol, Republicans, Migration, Institute, ABC News Trump, National Constitution Center, New York Times, Bloomberg, Getty Images, Getty, Pennsylvania Convention Center, People, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, ABC, Force, Democratic, Convention, Leadership, Heritage, United States Supreme, White, City, Springfield News, Sun, Springfield Police, United States, US International Trade Commission, Treasury, Consumer, Bureau of Labor Statistics Locations: Pennsylvania, Philadelphia, United Kingdom, Venezuela, United States, Nashville , Tennessee, Washington ,, Washington , DC, Milwaukee, AFP, Springfield , Ohio, , Springfield, City, China, American
But this year, men’s tennis has had a different complexion since none of Federer, Nadal or Djokovic has won a grand slam title for the first time since 2002. Whatever comes next is unlikely to mirror the previous era, leaving men’s tennis in an unfamiliar position, shorn of its three biggest icons who transcended the court. Carlos Alcaraz has already won four grand slam titles at the age of 21. “There has to be a real recalibration … because I already see people talking, like, ‘Can Alcaraz catch Djokovic’s grand slam record?’” Rothenberg tells CNN Sport. Medvedev and Dominic Thiem, who is retiring at the end of this year, are still the only men born in the 1990s to win a grand slam.
Persons: Roger Federer, Rafael Nadal, Novak Djokovic, Federer, Nadal, Djokovic, Andy Murray, , Carlos Alcaraz, Alcaraz, Sinner, , Mats Wilander, Pete Sampras, That’s, Ben Rothenberg, Matthew Stockman, Taylor Fritz, Frances Tiafoe, Ben Shelton, Holger Rune, Daniil Medvedev, ’ ” Rothenberg, Williams, , Wilander, Rafa Nadal, Medvedev, Dominic Thiem, Ryan Pierse, Rafa, ” Simon Cambers –, it’s, “ It’s, ” Jett Wright –, Topnotch Management –, David Foster Wallace, Anna Wintour, Angela Weiss, … Don’t, Björn Borg, Matteo Berrettini, Hugo Boss, Gucci, Simon Graf, Wright, Ernesto S, they’ll Organizations: CNN, Big, Australian, Wimbledon, Eurosport, CNN Sport, Federer, Serena, Nadal, “ Tennis, Topnotch Management, Getty, Cambers, MLB, MLS, NBA Locations: , American
Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. BRICS, which stands for Brazil, Russia, India, China and South Africa, is a group of emerging market countries that seek to deepen their economic ties. Russian President Vladimir Putin shakes hands with Turkish President Recep Tayyip Erdogan during their joint press conference on September 4, 2023, in Sochi, Russia. The fact that it's led by China makes some in the West wary, who see this as a potential win for Beijing. Turkish President Recep Tayyip Erdogan (not seen) is welcomed by Chinese President Xi Jinping as part of the 11th G20 Leaders' Summit in Hangzhou, China, on September 3, 2016.
Persons: Hakan Fidan, Sefa, It's, George Dyson, Dyson, Matthew Bryza, Recep Tayyip Erdogan, Vladimir Putin, Russia —, Arda Tunca, Tunca, it's, Xi Jinping, Mehmet Ali Ozcan Organizations: Turkish, Anadolu, Getty, AK Party, NATO, Control, CNBC, EU, White House, Senior State Department, United Arab, Russia, West, China, Beijing, Anadolu Agency Locations: Nizhny Novgorod, Russia, Brazil, India, China, South Africa, Iran, Egypt, Ethiopia, UAE, Western, Turkey, Europe, U.S, Ankara, Istanbul, Ukraine, Saudi Arabia, United Arab Emirates, Russian, Sochi, United States, BRICS, Turkish, Hangzhou
Russians fleeing Kursk were promised $110, but aid workers say many still can't get the money. Volunteer leader Evgeniya Nazarova said evacuees discovered that official data on their villages is missing. Russia says it's given payments to 87,600 evacuees, while a total of 133,000 people are estimated to have fled. Go to newsletter preferences Thanks for signing up! Yet aid workers in the region say they've been working with refugees who still haven't received the promised payout a month after Kyiv's incursion.
Persons: Evgeniya Nazarova, it's, , haven't, Nazarova Organizations: Service, Russian YouTube, Business Locations: Kursk, Russia, Ukraine, Russian
Apple's iPhone 16 launch will drive the company to a $4 trillion valuation by 2025, Wedbush said. Pent-up demand and unchanged prices are set to fuel iPhone 16 sales, especially in China, Ives said. AdvertisementApple's upcoming launch of the iPhone 16 will help catapult the company to a $4 trillion valuation in 2025, according to Wedbush Securities. That pent-up demand among iPhone users who need a new phone will ultimately help fuel iPhone 16 unit sales of 240 million in 2025, he predicted. Apple stock is down about 1.5% since it unveiled its iPhone 16 lineup on Monday.
Persons: Wedbush, Dan Ives, Ives, Organizations: Service, Wedbush Securities, Apple Intelligence, Apple, Baidu Locations: China, Asia
Harris speaks during a presidential debate with Trump on Tuesday in Philadelphia. Saul Loeb/AFP/Getty ImagesIt was the first handshake in a presidential debate since Trump and Hillary Clinton squared off in 2016. Harris introduced herself by name and said, “Let’s have a good debate.” Trump responded: “Nice to see you. Have fun.” Saul Loeb/AFP/Getty Images Trump and Harris stand on stage at the start of the debate. Matt Rourke/AP Images of Harris and Trump are seen on a screen inside the spin room before the debate.
Persons: Philadelphia CNN — Kamala Harris, Donald Trump, Trump, , Joe Biden, he’d, , ” Trump, Harris, they’d, Saul Loeb, Hillary Clinton, smirked, David Muir, “ We’ll, Muir, Harris ’, Biden, Roe, Wade, it’s, Virginia, Ralph Northam, Matthew Hatcher, Linsey Davis, ” Davis, ” Harris, Trump’s, , don’t, Kamala Harris, Michael Le Brecht, Alex Brandon, Doug Mills, Pat Tuttle, George Walker IV, Chip Somodevilla, Tristen Rouse, CNN Harris, Win McNamee, Sheena Carey, Morry Gash, ” Saul Loeb, Roberto Schmidt, Andrew Thomas, Robert F, Kennedy Jr, Kennedy, Jim Lo Scalzo, Anthony Scaramucci, Olivia Troye, Matt Rourke, Hannah Beier, Lilly, Evelyn Hockstein, Matt Slocum, Kenny Holston, “ Donald Trump Organizations: Philadelphia CNN, Trump, ABC, Getty, Democratic Gov, ABC News, ABC News Trump, National Constitution Center, New York Times, Bloomberg, Getty Images, Pennsylvania Convention Center, People, CNN, Philadelphia International Airport, AFP, Philadelphia City Hall, Former Trump, Reuters, Force Locations: United States, Philadelphia, Trump’s, Clinton, Springfield , Ohio, Haiti, Springfield, AFP, Nashville , Tennessee, Pennsylvania, Washington ,, Washington , DC, Milwaukee
Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. OPEC cut its oil demand outlook and delayed production boosts, while US production hits record highs. In its monthly oil market report, OPEC cut its outlook for oil demand because of the deceleration in China's economy. That's nearly double its oil production levels in 2014. Senior market analyst David Morrison at Trade Nation said in an email that investors shouldn't expect a rebound in oil prices anytime soon.
Persons: Brent, , oil's, That's, David Morrison, Morrison Organizations: ., Service, brent, OPEC, Trade Nation Locations: Brent, YCharts
Read previewThe Army is on the lookout for new longer-range artillery shells after canceling some of its plans for new cannons. Army Secretary Christine Wormuth discussed plans at the 2024 Defense News Conference last week when she spoke on some of the potential follow-ups for longer-range artillery after the cancellation of its Extended Range Cannon Artillery program. "We still believe that we have a requirement for, you know, sort of an artillery system with that kind of range," Wormuth said. Advertisement"I think we may also be looking at sort of what we call, you know, 'innovating at the round,' looking at what can we do with the actual round to increase the range," Wormuth said recently. The Army is also still at work on ramjet-powered artillery shells, which have estimated ranges around 93 miles.
Persons: , Christine Wormuth, Wormuth, Doug Bush, weren't, Lance Cpl, Matthew Bragg ERCA, Mark Esper, Diego Herrera Carcedo Organizations: Service, Cannon Artillery, Business, Army, US Marine Corps, US Army, Anadolu Agency, Getty Locations: China, Russia, Ukraine
Ally Financial shares dropped 19% Tuesday after its CFO warned of weaker financial health among borrowers. Ally Financial, a major auto lender, expects rising delinquency rates going forward. AdvertisementShares of Ally Financial plunged as much as 19% on Tuesday after the company's CFO said it is seeing a deterioration in the financial health of its consumers. He added: "We're clearly dealing with a cohort of borrowers who have been struggling with cost of living and now are struggling with an employment picture that's worsened." Overall, Ally Financial's comments are not encouraging for the consumer picture, but Ally Financial is known for catering to borrowers with credit scores in the lower to middle ranges.
Persons: , Ally, Russell Hutchinson, Hutchinson, " Hutchinson, Ally Financial's, Sanjay Sakhrani, Ally's, Sakhrani Organizations: Financial, Ally, Service, Barclays
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