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We asked seven pro investors to identify the best trades of their careers and explain how the lessons from those decisions still apply today. The CBOE Volatility Index, also known as the VIX, shot above 40, essentially meaning traders were betting that the stock market would be exceptionally rocky over the following month. Jeff Muhlenkamp, lead portfolio manager at Muhlenkamp & CompanyJeff Muhlenkamp Muhlenkamp & CompanyJeff Muhlenkamp's namesake Muhlenkamp Fund (MUHLX) has been in the top 3% of its category in the past half-decade, thanks to trades like one he pulled off on Chinese internet firm Baidu (BIDU). "I pretty much expected, 'OK, if I get a double out of this in five years, I'll be happy' — that's pretty decent money," Muhlenkamp said. He noted that industrials within the Russell Mid Cap value index have returned 116% over the previous five years.

Persons: —, That's, Michael Burry, Warren Buffett, Berkshire, Rob Arnott, Tim Boyle, Arnott, I'd, Bob Elliott, Bob Elliott's, Elliott, Jeff Muhlenkamp, Jeff Muhlenkamp Muhlenkamp, Jeff Muhlenkamp's, Muhlenkamp, you've, Sona Menon, Cambridge Associates Sona Menon, Bryant VanCronkhite, Allspring Bryant VanCronkhite Allspring Bryant VanCronkhite, VanCronkhite, Russell, industrials, James Davolos, Davolos, George Patton, Harley Bassman, Harley Bassman's, Bassman, Merrill Lynch, I'm Organizations: Service, American Express, Business, Research, Bloomberg, Getty, Bridgewater Associates, Treasury, Securities, Muhlenkamp, Baidu, Google, North, Cambridge Associates, Allspring, Horizon Kinetics, Opportunities Fund, Credit Suisse Locations: industrials, West Africa, New York City, Guinea

Powerful storms and possible tornadoes pummeled parts of Texas, Kentucky, Oklahoma and Arkansas on Saturday night, killing at least 18 people, damaging homes and leaving hundreds of thousands without power. The severe weather, including the threat of tornadoes, was moving east on Sunday. More than six million people were under a tornado watch through Sunday afternoon, including parts of Indiana, Kentucky and Tennessee. More than 18 million people were in a wider area with an “enhanced” risk of severe weather. In northern Texas on Saturday, a tornado left at least seven dead — including two children ages 2 and 5 — and close to 100 people injured, Gov.

Persons: Greg Abbott Organizations: Gov Locations: Texas , Kentucky , Oklahoma, Arkansas, Indiana , Kentucky, Tennessee, Texas

☆ Russian strikes key Ukrainian region of Kharkiv, killing at least 7, as ground troops advance
▼ + stars: | 2024-05-23 | by ( Olga Voitovych | Sharon Braithwaite | ) edition.cnn.com time to read: +1 min

CNN —A wave of Russian strikes Thursday pummeled several locations in Kharkiv, including a printing house, killing seven people, as the Kremlin’s forces move closer in on the region. Russian forces have taken advantage of a weakened front line in Ukraine, and for the past two weeks have advanced towards Kharkiv, which was liberated from Russian control earlier in the war. The Ukrainian state railway network was attacked in the early morning, according to a statement from the company. Earlier this month, the US approved a $400 million package of air defense munitions and other weapons to Ukraine. But senior officials in Kyiv have warned that recent flush of aid will not be enough to fend off further Russian advances.

Persons: Volodymyr Zelensky, Moscow’s, ” Zelensky Organizations: CNN, Kharkiv Locations: Kharkiv, Ukraine, Ukrainian, Lyubotyn, Kyiv

☆ Opinion: Credibility is the key at Trump trial
▼ + stars: | 2024-05-19 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

The idea that Cohen talked to Trump about Daniels on that call “was a lie,” Blanche alleged. Moreover, my experience has been that juries don’t decide based upon one moment — they base their judgment on an overall view.”There were allegedly three parties aware of the scheme to conceal the real reason Trump paid Cohen more than $400,000 in supposed legal fees: Trump, Cohen and Allen Weisselberg, then-chief financial officer of the Trump Organization. “Weisselberg could be the linchpin to validate Cohen’s claims about Trump agreeing to reimburse him through Trump Organization, as a business expense,” wrote attorney Stacy Schneider. Trump seems to be tempted to go mano a mano and show that he is better fit to be commander-in-chief. The new requirement for GOP politicians wanting to demonstrate their loyalty to Trump seems to be visiting the Manhattan courthouse where he’s on trial.

Persons: CNN —, ” Mark Twain, “, Twain, ” Michael Cohen, Donald Trump, —, Trump, Stormy Daniels, Todd Blanche, Cohen, Norm Eisen, Blanche, ”, pummeled Cohen, Robert Mueller, Nick Anderson, Agency Cohen, Keith Schiller, Daniels, ” Blanche, ” Eisen, don’t, Allen Weisselberg, Stacy Schneider, Weisselberg, David Zurawik, “ I’ve, Sen, Robert Menendez, He’s, George Santos ., CNN “ It’s, he’s, ‘, Henry Cuellar, ” Cupp, Drew Sheneman, Georgia —, Vladimir Putin’s, Frida Ghitis, ” Ghitis, Joe Biden’s, ” Dana Summers, “ Biden, ” Julian Zelizer, mano, Biden, ” Bill Bramhall, Stephanie Griffith, Howard Tucker, Gayle Fleming, Michael Ventura Gayle Fleming, Biden —, ” Tom Brady’s, Kara Alaimo, Tom Brady “, Kevin Hart, Gisele Bündchen, Brady, Benjamin, Vivian, ’ Brady, ’, Alaimo, Brady didn’t, Nafees Syed, Kamel El Hilali, Andrew Borene, freakout Scott Stantis, Jeff Yang, … ” Brown, Keith Magee, Brown, backpedaling, Forget, Doug Burgum, Scott Jennings, Burgum’s, Bill Bramhall, Content Agency Clarence Thomas Washington, Clarence Thomas ’, Dean Obeidallah, Thomas, Harlan Crow, ” Clay Jones, John Oliver’s, Steve Vladeck, “ Thomas, ” Don’t, Clayton Swope, Dan Perry, Netanyahu, Jill Filipovic, Miss Teen USA Mary Ziegler, Bob Kolasky, Megan L, Ranney, Karen Tang, Halle Berry, Naomi Watts, Jonathan Yeo, King Charles III, Aaron Chown, Holly Thomas, King Organizations: CNN, Trump, Tribune, Agency, Trump Organization, Twitter, Facebook, DC, Robert Menendez of New, GOP, ” Texas, White, Europe, Russia, Kyiv, Biden, ABC, Democratic Party, Netflix, Garden State, Content Agency, Capitol, Consumer Financial, Board, Fifth Circuit, ICC, Miss USA, Miss Teen USA, Buckingham Palace, Royal Locations: New York, Robert Menendez of, Robert Menendez of New Jersey, Russian, Ukraine, Slovakia, Georgia, Soviet Republic, United States, Cleveland, “, Manhattan, North, . North Dakota, ” That’s, Louisiana , Mississippi, Texas, Florida’s, Buckingham

Video footage shows the young man in a white hoodie, identified as Edan On, striking at the barrier around the pro-Palestinian encampment. From Social MediaOn, a local high school senior, was captured on video striking a pro-Palestinian protester with a pole. A pro-Palestinian demonstrator is beaten by counterprotesters attacking a pro-Palestinian encampment set up at UCLA's campus. Etienne Laurent/AFP/Getty ImagesA counterprotester, identified by CNN as Malachi Marlan-Librett, pushes a pro-Palestinian protester in the barrier of the UCLA encampment. Wally Skalij/Los Angeles Times/Getty ImagesMarlan-Librett is seen throwing the bottom of a broom at a pro-Palestinian protester.

Persons: counterprotesters, UCLA –, –, “ Edan, Sharon, Edan, William Gude, “ We’re, counterprotesters calmy, “, ”, Chaim Seidler, Feller, Hillel, On’s, wasn’t, Malachi Marlan, Etienne Laurent, Wally Skalij, Librett, Dolores Quintana, Quintana, ” Dolores Quintana, Tom Bibiyan, Bibiyan, Trump, William Gude Tom Bibiyan, William Gude “, Angie Givant, she’d, Narek Palyan, Palyan, Catherine Hamilton, Hamilton, UCLA’s, Boosinger, ” Dylan Kupsh, ” Kupsh, Kupsh, Audrey Ash, Isabelle Chapman, Scott Glover, Curt Devine Organizations: CNN, UCLA, Fox, Facebook, Israel, Social, Social Media, Los Angeles Police Department, Patrol, UCLA Police Department, Bruins, LA, Key, Beverly Hills High School, Israel Defense Forces, UC Santa Cruz, Getty, Los Angeles Times, ”, Los Angeles Valley College, USC, Green Party, ucla, “, Student, ” Thistle, Thistle Locations: Gaza, Israel, California, Angeles, UCLA's, Los, Los Angeles

At least one person was killed on Wednesday as strong storms moved through Missouri, Illinois, Kentucky and Tennessee on Wednesday afternoon, bringing heavy rain, strong winds and hail in some areas. The severe weather arrived a day after widespread storms pummeled the Midwest, with tornadoes that tore through Michigan. As storms continued to move through a swath of the Midwest and the Eastern United States on Wednesday afternoon, the National Weather Service issued a string of tornado warnings in cities across Missouri, Kentucky and Tennessee. More severe storms were expected through the evening, according to forecasters. About 18 million people were under either an enhanced or moderate risk of severe weather — the third and fourth levels of intensity, out of five — on Wednesday, according to the National Weather Service’s Storm Prediction Center.

Organizations: Midwest, Eastern, National Weather Service, Prediction Locations: Missouri , Illinois, Kentucky, Tennessee, Michigan, Claiborne County, Eastern United States, Missouri , Kentucky

Provoked Violence, Unchecked for Hours The New York Times used videos filmed by journalists, witnesses and protesters to analyze hours of clashes — and a delayed police response — at a pro-Palestinian encampment on Tuesday. On Tuesday night, violence erupted at an encampment that pro-Palestinian protesters had set up on April 25. The videos showed counterprotesters attacking students in the pro-Palestinian encampment for several hours, including beating them with sticks, using chemical sprays and launching fireworks as weapons. The melee began when a group of counterprotesters started tearing away metal barriers that had been in place to cordon off pro-Palestinian protesters. 12:26 a.m.Sean Beckner-Carmitchel via ReutersAt times, counterprotesters swarmed individuals — sometimes a group descended on a single person.

Persons: KAPLAN, COUNTERPROTESTERS, ROYCE HALL POWELL LIBRARY KAPLAN, counterprotesters, Mel Buer, Harbu, ”, Sean Beckner, Sergio Olmos, Calmatters, “, Counterprotesters, Mary Osako, ’, U.C, Michael Drake, L.A.P.D, Mark Abramson, Gene Block, Gavin Newsom, enforcement’s, Hussam Ayloush, U.C.L.A Organizations: The New York Times, . University of California, Los Angeles University of California, Los Angeles ROYCE HALL, POWELL LIBRARY KAPLAN, ROYCE HALL POWELL, HAINES, ROYCE HALL, POWELL, COUNTERPROTESTERS KAPLAN, HAINES HALL POWELL LIBRARY, ROYCE HALL POWELL LIBRARY, UCLA, Powell Library, Royce Hall, Palestinian, Arrows, Police, New York, University of California, Times, Security, Real News, Israel Defense Forces ’, The Times, Reuters, Associated Press, Los Angeles Police Department, Patrol, Riot, California, Daily Bruin, California Gov, Los Angeles Jewish, Los, Los Angeles Area, Islamic, Jewish Federation Los Locations: U.C.L.A, Los, Los Angeles, Israel, Gaza, Carmitchel, StringersHub, California, Palestine

☆ Dubai property boss says floods were overexaggerated: 'Things like that happen in Miami regularly'
▼ + stars: | 2024-04-28 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

Flash floods that formed led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The deluge also closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property. Damac's Sajwani conceded there was chaos at the airport, but said the UAE had recovered much faster than other nations would have. "Fine, we get some, in one of the malls, some damage. He explained that he arrived in Dubai from London just a few hours after the rains had stopped, and visited all the major properties that belong to his company.

Persons: Hussain Sajwani, Damac's Sajwani, CNBC's Dan Murphy, it's Organizations: Damac, United, UAE, Energy Locations: United Arab, UAE, Riyadh, Saudi Arabia, Dubai, London

☆ Heavy Rains and Floods Sweep Cities Across East Africa
▼ + stars: | 2024-04-25 | by ( Abdi Latif Dahir | ) www.nytimes.com time to read: 1 min

At least 200 people were killed and dozens more were injured across East Africa in recent days, officials and aid groups said, as torrential rains, floods and landslides pummeled towns and cities in a region already grappling with the devastating effects of the climate change crisis. The extreme rains unleashed a wave of destruction across Tanzania, Kenya and Burundi, flooding homes, demolishing businesses and leaving many people stranded on rooftops. The downpours exposed yet again the bad roads and poor drainage systems in some of the region’s biggest cities, which residents have persistently complained about. They also revealed how poor people, who live in sprawling shantytowns without access to proper roads, water or power, bear the biggest brunt of destructive floods.

Organizations: East Locations: East Africa, Tanzania, Kenya, Burundi

☆ Flooding Inundates Kenya, Killing at Least 32 and Displacing Thousands
▼ + stars: | 2024-04-24 | by ( Jesus Jiménez | More About Jesus Jiménez | ) www.nytimes.com time to read: +1 min

Days of heavy rains have pummeled parts of Kenya, leaving at least 32 dead, 15 injured and more than 40,000 people displaced, according to officials. They said that flooding had killed nearly 1,000 farm animals and destroyed thousands of acres of crops, with more rain expected across the country. The rains began in March during what is known in the country as the “long rains,” but precipitation intensified over the past week, according to the Kenya Meteorological Department. In Nairobi, where some of the heaviest rain has fallen, more than 30,000 people have been displaced, according to the United Nations. On Tuesday, 18 people, including seven children, were stranded, and later rescued, in Nairobi after heavy rain, the Kenya Red Cross Society said.

Persons: Edwin Sifuna Organizations: Kenya Meteorological Department, United Nations, Kenya Red Cross Society Locations: Kenya, Nairobi, Nairobi County

☆ NASA releases satellite photos of Dubai and Abu Dhabi before and after record flooding
▼ + stars: | 2024-04-24 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and paralyzed much of the country. The images, taken by NASA Earth Observatory on Friday using Landsat data from the U.S. Geological Survey, show large patches of water all over the desert and urban landscape of the UAE where previously there was none – almost looking as if small lakes had appeared. "Some areas remained flooded on April 19, when Landsat 9 passed over the region for the first time since the storms," NASA wrote on its Earth Observatory website. Flash floods that formed on April 16 led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The normally dry desert country in the Gulf was pummeled with roughly a year's worth of rain in less than a day, more than it has ever seen in a single storm since records for the UAE began in 1949.

Organizations: NASA, United Arab, NASA Earth, U.S . Geological Survey, UAE Locations: Dubai, Abu Dhabi, United Arab Emirates, U.S, UAE

☆ UAE central bank asks lenders to defer loan repayments for six months to help flood-hit residents
▼ + stars: | 2024-04-23 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

The United Arab Emirates' central bank sent a directive to the country's lenders and insurers approving the deferring of loan repayments for six months, as residents and businesses reel from historic floods that paralyzed the normally dry desert emirate. "The Central Bank today issued a notice to all banks and insurance companies to allow the deferral of repayment of instalments of personal and car loans for customers affected by the repercussions of the weather condition for a period of six months," the bank said in a Monday statement. "The deferral shall be without imposing additional fees, interest or profits, or otherwise increase the principal amount of the loan for the deferral of the repayment of installments." The notice will come as a relief to the many UAE residents who suffered losses and damages during the record-breaking storm. Roughly a year's worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.

Organizations: United Arab, Central Bank Locations: United Arab Emirates, UAE

☆ Stock market today: US stocks climb ahead of Tesla and mega-cap tech earnings
▼ + stars: | 2024-04-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Investors are turning their attention to mega-cap earnings, hoping for a new rally catalyst. Tesla is slated to report after Tuesday's closing bell, followed by Meta on Wednesday. Tesla is slated to publish after Tuesday's closing bell, with many on Wall Street having misgivings about its performance, given its massive stock slide and first-quarter delivery disappointment. If earnings exceed expectations, investors are hoping to jump-start another rally, with the stock market's 10% year-to-date gain through the end of March now cut by more than half. AdvertisementHere's where US indexes stood at the 4:00 p.m. closing bell on Tuesday:Here's what else is going on:AdvertisementIn commodities, bonds, and crypto:

Persons: Stocks, —, Tesla Organizations: Meta, Service, Microsoft, Here's

☆ Photos of torrential Dubai flash floods show the downsides of trying to control the weather
▼ + stars: | 2024-04-17 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

The United Arab Emirates experienced torrential rainfall and severe flash floods on Tuesday. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTorrential rainfall pummeled the United Arab Emirates this week, resulting in flash floods that have caused air travel delays, closed schools, and deluged homes. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: United Arab Emirates, Service, United, Dubai International Airport, Business Locations: United Arab Emirates, Dubai

☆ Russia-linked hacking group suspected of carrying out cyberattack on Texas water facility, cybersecurity firm says
▼ + stars: | 2024-04-17 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +7 min

CNN —A hacking group with ties to the Russian government is suspected of carrying out a cyberattack in January that caused a tank at a Texas water facility to overflow, experts from US cybersecurity firm Mandiant said Wednesday. Muleshoe officials replaced the hacked software system and took other steps to secure the network, Sanchez said. “Regulations have not required this low-hanging fruit to be addressed,” Serino told CNN. “I’ve never experienced this before but … we’re aware that those threats are out there,” Poling told CNN by phone. “The haphazardness is part of their pathological emphasis on psychological impact,” Dan Black, a Mandiant analyst, told CNN.

Persons: Mandiant, Jake Sullivan, Sullivan, Ramon Sanchez, Sanchez, ”, Gus Serino, ” Serino, ” Anne Neuberger, ” The, Harris, Neuberger, Buster Poling, Mike Cypert, Poling, “ I’ve, ” Poling, Nick Conger, Sandworm, ” Dan Black Organizations: CNN, FBI, Environmental Protection Agency, EPA, White, ” The Biden, Hale Center, Russian Embassy, State of, GRU, “ Locations: Texas, US, Muleshoe, Pennsylvania, Iran, United States, Russian, Ukraine, Lockney’s, Hale, Washington ,, State of Texas

☆ Mussolini’s Rome bunker opens to the public
▼ + stars: | 2024-04-16 | by ( Julia Buckley | ) edition.cnn.com time to read: +3 min

The first, in 1940, was an adaptation of an old wine cellar in the grounds of Villa Torlonia. A multimedia exhibition in the air raid shelter focuses on the effects of bombing raids on civilians. Sovrintendenza Capitolina ai Beni CulturaliAfter its last closure in 2021, it has now reopened for guided tours of the air raid shelter and the bunker. Guided, 50-minute tours take visitors underground and through the exhibition, before they experience a recreated air raid in Mussolini’s unfinished bunker. Tours last 50 minutes and go through the air raid shelter and the bunker.

Persons: we’ll, Stanley Tucci, Benito Mussolini, Villa Torlonia, Mussolini, Villa, Culturali, Sovrintendenza, Beni Organizations: CNN, intel, Casino, Nobile, Villa Torlonia, San Locations: Italy, Rome, Villa Torlonia, Casino Nobile, San Lorenzo

“Their tactics have changed – unfortunately, not for the better for us,” Svitlana Grynchuk, Ukraine’s deputy energy minister, told CNN. In the first two years of war, Russian attacks were more scattered, firing salvos of missiles to target large swathes of Ukraine’s energy system. More than 200,000 people were left without power after Russian attacks Thursday. But Ukraine is now confronting a wholly different task: repairing not just substations, but entire power plants. Rather than rebuilding large – and, without air defenses, vulnerable – power plants, it may shift how it produces its energy.

Persons: ” Svitlana, –, ” Grynchuk, Oleksandr Kharchenko, ” Kharchenko, Rather, ” Maxim Timchenko, ”, Evgeniy, Kharchenko, ” Olena Pavlenko, Pavlenko, It’s, it’s, Herman Halushchenko, ” Halushchenko, Maria Tsaturian, Pilipey, Andriy Gota, ” Tsaturian, Grynchuk Organizations: CNN, Energy Industry Research Center, Workers, DiXi, Energy, “, Getty Locations: Ukraine, Russia, Kyiv, Russian, United, ”, Kharkiv, Ukrenergo, Ukraine’s, AFP

☆ The Masters: Bruising winds blow a flurry of big names out of ‘borderline unplayable’ Augusta National
▼ + stars: | 2024-04-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

Believe it or not, these are both sound bites from a golf tournament. A storm-delayed first round meant some players had to finish their first 18 holes Friday morning, exacerbating a grueling day. “Even the golf course was saying, ‘Get the hell out of here,’” Homa, chasing his first major, said. South Africa’s Charl Schwartzel clinched a two-shot victory at Augusta National in 2011, but crashed out after shooting 74 and 81. I have a chance to win the golf tournament,” Woods replied when asked by reporters what the milestone means to him.

Persons: Mike Tyson, whisking, toiled, Dustin Johnson, Sergio Garcia, Jordan Spieth, Bubba Watson –, Hideki Matsuyama, Jon Rahm, ” Rahm, “, Sand, Ashley Landis, Max Homa, Bryson DeChambeau, Scottie Scheffler, Homa, ‘, ”, DeChambeau, LIV, –, I’ve, Scheffler, Jason, Scheffler’s, Brian Harman, Wyndham Clark –, Justin Thomas, Spieth, Viktor Hovland, Charl Schwartzel, ” Schwartzel, ” Spieth, Warren Little, Shane Lowry, Akshay Bhatia, “ It’s, ” Ireland’s Lowry, Akshay, ” Bhatia, It’s, Garcia, Tyson, African Erik van Rooyen, Woods, Gary Player, Fred Couples, ” Woods Organizations: CNN, National, Sky Sports, Augusta National Locations: American, Augusta, “, British, African

☆ Cramer says stocks that pulled back Tuesday still 'have everything going for them'
▼ + stars: | 2024-04-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer reviewed Tuesday's market action, saying stocks that saw losses — like Nvidia and Eli Lilly — remain winners but had simply run too much. "The stocks that pulled back today have everything going for them, except that they've already run so much that they've become vulnerable," he said. Cramer used Nvidia , one of his favorite stocks, as an example. He also suggested tax season played a role in deciding Tuesday's winners and losers. "What a terrific time to take some profits of winning stocks to pay for the stocks' gains," Cramer said.

Persons: CNBC's Jim Cramer, Eli Lilly —, they've, Cramer, Tuesday's, Gaudi, Blackwell, Eli Lilly, he'd, you've Organizations: Nvidia, Intel Locations: Germany

☆ Russia's Black Sea Fleet is 'functionally inactive' after being pummeled hard by Ukraine, UK says
▼ + stars: | 2024-03-25 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

The UK said Russia's Black Sea Fleet is 'functionally inactive' after Ukraine hit two of its ships. Ukraine claims to have taken out a third of Russia's navy in the waters through a series of attacks. AdvertisementThe UK's defense ministry declared Russia's Black Sea Fleet "functionally inactive" after Ukraine claimed to have struck another two of its ships. UK Defence Minister Grant Shapps wrote on Sunday that Ukrainian attacks are taking a "massive" toll on the Russian fleet, in a post that appeared to confirm a pair of strikes Ukraine announced on Sunday. "Russia has sailed the Black Sea since 1783 but is now forced to constrain its fleet to port," Shapps wrote.

Persons: Grant Shapps, —, Shapps Organizations: Ukraine, UK Defence, Service Locations: Ukraine, Russia

☆ I thought my bloody stool during pregnancy was hemorrhoids. It was stage 3 colorectal cancer.
▼ + stars: | 2024-03-24 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Multiple doctors told her it was internal hemorrhoids. When her son was 8 months old, she was diagnosed with stage 3 colorectal cancer. I was diagnosed with stage 3 cancer, and needed fertility treatmentsFinally, I found a doctor who took me seriously and ordered a colonoscopy. Shortly after I saw a specialist at Memorial Sloan Kettering Cancer Center who diagnosed me with stage 3 colorectal cancer. I knew I wanted more kids, but talking about fertility right after being diagnosed with cancer was overwhelming.

Persons: Kelly Spill, —, Kelly, Jayce, GYN, we'd, Maya Organizations: Service, Memorial Sloan Kettering Cancer Center, Cancer Locations: California, New Jersey, East Coast

☆ Gold, bitcoin and stocks hit record highs this week. Then came inflation data
▼ + stars: | 2024-03-15 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

The S&P 500 declined 0.7% and the Nasdaq Composite fell 1%. Turbulence for airline stocksAirline stocks have also been pummeled this week, as years of safety issues at Boeing continue to plague the industry. The NYSE Arca Global Airline index, which tracks the performance of major American and overseas airlines, is on track to end the week 2.2% lower. But Liz Young, head of investment strategy at SoFi, notes that the S&P 500 hasn’t seen a one-day decline of 2% or more since last February. AI up-and-comer Super Micro Computer will join the benchmark S&P 500 index on Monday.

Persons: New York CNN — Stocks, shrugged, Gold, Bitcoin, Dow, Price, ”, Ken Tjonasam, Max, Robert Jordan, Liz Young, Young, “ It’s, What’s, Jensen Huang Organizations: New, New York CNN —, Federal Reserve, Nasdaq, Dow, Global, Airline, Boeing, Latam, Wall, Southwest Airlines, Airbus, “ Boeing, ”, JPMorgan Chase, NYSE Arca, Nvidia, Computer, Investors, Federal, Market Committee, Fed, National Association of Home Builders, Census Bureau, National Association of Realtors Locations: New York, Australia, New Zealand, Wells Fargo

☆ Premarket stocks: This investor predicted the dot-com bust. He thinks AI is a bubble that will ‘deflate’
▼ + stars: | 2024-03-14 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York (CNN) — Is the artificial intelligence boom on Wall Street a bubble primed to burst or the real deal? That’s the question investors have wrestled with since the Magnificent Seven tech stocks began turbocharging a powerful market rally last year. “A new bubble within a bubble like this, even one limited to a handful of stocks, is totally unprecedented,” he wrote in a Monday blog post. “The long-run prospects for the broad US stock market here look as poor as almost any other time in history,” he wrote. Still, the notorious market bear sees some areas of opportunity in the stock market.

Persons: —, Jeremy Grantham, ”, Grantham, Granthan, “, Hanna Ziady, Abu, Adnoc, NewMed Energy’s, Gan, Marc Stewart, Wayne Chang, ByteDance, ” Wang Wenbin, Wang Organizations: CNN Business, Bell, CNN, ” Tech, Monster, Nvidia, Boston, Federal Reserve, ChatGPT, BP, UAE, United Arab Emirates, NewMed Energy, Energy, Starbucks, McDonald’s, KFC, CNN Wednesday Locations: New York, Grantham, Israel, Gaza, Tel Aviv, China, America, American, Beijing

☆ Alabama state and city governments grapple with pair of cyber incidents
▼ + stars: | 2024-03-13 | by ( Sean Lyngaas | Isabel Rosales | ) edition.cnn.com time to read: +4 min

There was no breach of government networks or data stolen in the cyberattack, according to the office of Republican Gov. “We’ve seen waves of attacks against numerous targets, including the State of Alabama,” Richard Hummel, senior threat intelligence manager at cybersecurity firm Netscout, told CNN. The attacks against Alabama government websites typically lasted five to 10 minutes, Hummel said. More than 2,200 US hospitals, schools and governments were “directly impacted” by ransomware last year, according to a tally from cybersecurity firm Emsisoft. DDoS attacks can also cause disruptions to the local communities that rely on school, hospital and election websites for information, Hummel said.

Persons: ”, Jeremy Ward, Kay Ivey, Sergeant LaQuitta Wade, Gerald Auger, ” Auger, “ You’re, “, ” Richard Hummel, Netscout, Hummel, ransomware Organizations: Washington, Atlanta CNN, Alabama’s, Information Technology, CNN, Republican Gov, Public, Birmingham Police Department, Public Information, Coastal Information Security, Agency, State of, Alabama Locations: Atlanta, Birmingham, City, Alabama, Sudan, ”, State of Alabama

☆ These Workers Are Risking Their Lives to Restore Gaza’s Phone Network
▼ + stars: | 2024-03-13 | by ( Adam Rasgon | ) www.nytimes.com time to read: +1 min

When Mohammed Sweirky prepared to leave for a work trip in January to repair telecommunications infrastructure that had been destroyed in northern Gaza, his wife and children pleaded with him not to go. But he said he felt he had no choice given that residents there desperately needed their phone services restored. “It was painful to say bye,” said Mr. Sweirky, 50, who fled Gaza City at the beginning of the war and is now sheltering with six family members in a garage in Rafah, the territory’s southernmost city. “They were crying, but I couldn’t abandon our mission.”Since the start of the war, Mr. Sweirky’s job has become among the most dangerous in Gaza and also one of the most important. Israel’s bombing campaign against Hamas has pummeled telecommunications infrastructure in Gaza, destroying subterranean fiber cables, damaging data centers and blowing up cell towers.

Persons: Mohammed Sweirky, Sweirky, ” Organizations: Hamas Locations: Gaza, Gaza City, Rafah, “

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