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☆ Opinion: Conservatives game the system to drag Supreme Court further into culture war
▼ + stars: | 2024-04-01 | by ( Steve Vladeck | ) edition.cnn.com time to read: +8 min

He is the author of the “One First” Supreme Court newsletter. Both cases were filed in federal district courts in which the plaintiffs could literally hand-pick the specific federal judge who would be assigned to hear the dispute. Indeed, the Supreme Court granted emergency relief in both the social media and mifepristone cases. But the Supreme Court is another matter. For once, the Supreme Court is the victim of right-wing litigation behavior, not the culprit.

Persons: Steve Vladeck, Stephen I, Biden, they’ve, Terry Doughty, Donald Trump, Matthew Kacsmaryk, Trump, —, Neil Gorsuch, Gorsuch Organizations: CNN, University of Texas School of Law, Monroe Division, Court, Western, Western District of, Amarillo Division, Northern, Northern District of, Appeals, Fifth, Fifth Circuit, Democratic, Ninth Circuit, Consumer Financial Protection Bureau, Securities, Exchange, Conference, United, Northern District of Texas, Judicial, Federal, FDA Locations: Murthy v . Missouri, Monroe, Western District, Western District of Louisiana, Amarillo, Northern District, Northern District of Texas, Orleans, Texas, Austin, West Coast, United States

☆ Two brains: One visualizes too much, the other not at all
▼ + stars: | 2024-03-27 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +12 min

“I understand concepts, I comprehend things, I have memories, but they aren’t supported by any images,” Wathen said. Paul BokslagDutch-born artist Geraldine van Heemstra is at the opposite end of this unique way of processing. In reaction to cruel teasing from her brothers and school friends, van Heemstra learned to hide her sensory abilities as a child. “It was quite tricky at school as well, such as with math, where I would see the numbers in color,” van Heemstra said. “It was so frustrating at school because I would explain something, and then I would be laughed at,” van Heemstra said.

Persons: Mary Wathen, ” Wathen, “, Wathen, ”, “ I’ve, ‘ You’ve, Geraldine van Heemstra, Paul Bokslag Dutch, van, ” van Heemstra, “ It’s, van Heemstra, van Heemstra can’t, aphantasia, Adam Zeman, Zeman, ” Zeman, aphantasia don’t, ” That’s, I’m, they’ve, that’s, what’s, Van Heemstra, ” Van Heemstra, you’re Organizations: CNN, University of Exeter, University of Edinburgh, Cognitive Sciences, “ Locations: Newent, England, Scottish, London, Edinburgh, Scotland, Miami

BANGKOK (AP) — Vietnamese automaker VinFast announced Tuesday that it plans to sell its electric vehicles in Thailand and said it had tied up with auto dealers to open showrooms in the country. VinFast, which only began exporting its EVs last year, faces stiff competition in Thailand from Chinese automakers like BYD. The Thai EV market is small but growing fast, buoyed by incentives and subsidies from the government. VinFast hopes to start selling both its electric scooters and electric SUVs in the country in the next two months, Vu Dang Yen Hang, chief executive officer of VinFast Thailand, told The Associated Press. But the EV market remains small, accounting for only 0.5% of EV sales worldwide in 2022.

Persons: VinFast, Tesla, Vu Dang, Hang, Pham Nhat Vuong, EVs, Vuong Organizations: Thai EV, Associated Press, Research, EV, Green SM, Nasdaq, General Motors Corp, Ford Motor Co, AP Locations: BANGKOK, Thailand, Bangkok, Thai, EVs, Southeast Asia, Vietnam, Indonesia, Ukraine, United States, North Carolina, India, Laos, U.S

☆ Bananarama hasn't heard Taylor Swift's 'Cruel Summer,' but they wish she'd covered their song with the same name instead
▼ + stars: | 2024-03-13 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Bananarama members say they haven't heard Taylor Swift's "Cruel Summer." "I would have preferred her recording mine, because then I could have made some of her money," Keren Woodward told Billboard. AdvertisementBananarama — who has a song called "Cruel Summer" — says they haven't heard Taylor Swift's hit of the same name. AdvertisementSwift's "Cruel Summer" hit the top of Billboard's Hot 100 chart in October 2023, four years after it was released. "Deja Vu," a song off Rodrigo's debut album "Sour" was embroiled in a copyright controversy after fans noted the similarities between the song and Swift's "Cruel Summer."

Persons: Taylor, Keren Woodward, —, Bananarama —, haven't, Taylor Swift's, Sara Dallin, Dallin, hasn't, Woodward, I've, Swift, It's, Olivia Rodrigo, Rodrigo, Swift —, Jack Antonoff, Anne Clark, Vincent —, Clark, Nigro Organizations: Billboard, Service, British Locations: Irish

☆ Regional banks were all ‘guilty until proven innocent’ after Silicon Valley Bank, Citizens CEO says
▼ + stars: | 2024-03-10 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +9 min

Other regional bank stocks got slammed: By the end of the day, most saw their stock down by double-digit percentages. Kori Suzuki/ReutersIt’s been exactly one year since that fateful day marked the start of a string of subsequent bank failures. Because of that, “there will be bank failures,” Federal Reserve Chair Jerome Powell warned senators in his semi-annual testimony last week. Bruce Van Saun: People like to call last year’s bank failures regional bank failures. Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.

Persons: Bruce Van Saun, NYCB, Kori Suzuki, Reuters It’s, it’s, Jerome Powell, Van Saun, Richard Drew, didn’t, Michael Nagle, Joseph Otting, Otting, CARLOS BARRIA, we’re, we’ve Organizations: New, New York CNN, Citizens Financial Group, New York Community Bank, NYCB, Reuters, CNN, Signature Bank, Silicon Valley Bank, Citizens Financial, Providence, Financial Group, Bloomberg, SVB, we’re, SoFi, Citizens, OneWest Bank, CIT Group, REUTERS Locations: New York, Silicon, San Francisco , California, Providence , Rhode Island, Covid

☆ Why Donald Trump’s Super Tuesday win is a defeat for Rupert Murdoch
▼ + stars: | 2024-03-07 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Donald Trump just defeated Rupert Murdoch (again). That’s an outcome that Murdoch, the billionaire media mogul and one-time Republican kingmaker who controls Fox News, had hoped to avoid. Trump himself understood that Murdoch has not wanted him to serve as the Republican nominee. Now that Trump has secured command over the GOP, it is déjà vu for Murdoch. Put more simply: Trump has checkmated Murdoch, clearing one more hurdle standing in his way on the path to the White House.

Persons: Donald Trump, Rupert Murdoch, Nikki Haley, Murdoch, kingmaker, Ron DeSantis, Trump, DeSantis, we’ve, Megyn Kelly, Joe Biden, —, checkmated Murdoch Organizations: New York CNN, Republican Party, GOP, Fox News, Trump, Dominion Voting Systems, Republican, Florida Gov, New York Post, Democratic Party, Fox, Democratic Locations: New York, Florida, DeSantis, Trump’s

☆ House GOP's budget 'poison pills' could force spending cuts, rattle economy
▼ + stars: | 2024-02-27 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

House Republican hardliners' efforts to stonewall a budget deal ahead of a looming government shutdown could risk triggering automatic spending cuts later this spring that may put pressure on the U.S. economy's already fraught recovery. A full-year budget deal to avert the FRA cuts appears increasingly unlikely, amid staunch opposition from the House's ultraconservative wing. Freedom Caucus derailmentMembers of the House Freedom Caucus, a coalition of hardline conservatives, have been working to derail a permanent budget. Instead, they want to extend the current temporary spending resolution through the rest of the fiscal year, ensuring the FRA's spending cuts are triggered on April 30. But if the FRA's automatic spending cuts take effect, they could rattle the broader economy's teetering recovery.

Persons: Mike Johnson, Jake Sullivan, economy's, Joe Biden, Chuck Schumer, Mitch McConnell, Hakeem Jeffries, Jan, Johnson, Kevin McCarthy, McCarthy, McConnell, Piper Sandler, Nancy Lazar, Lazar, Sen, Patty Murray Organizations: National Security, U.S, Capitol, House Republican, Congressional Research Service, Caucus, Democrat, Freedom Caucus, Congressional Locations: Washington ,, stonewall, D

☆ Investors and execs eye Trump's potential return to the White House
▼ + stars: | 2024-02-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe 2024 presidential election seems destined to be the rematch many voters have been expecting : President Joe Biden against former President Donald Trump. So what would Trump's return to the White House mean for stocks? President Joe Biden gives remarks on the conflict between Israel and Palestine at the White House in Washington on October 7, 2023. During his speech, President Biden reiterated the United States' support for Israel. Amanda Andrade-Rhoades/For The Washington Post via Getty ImagesAmong the world's more powerful people, opinions are divided on the impact of Trump's return.

Persons: we've, Donald Trump, Donald Trump grins, Chip Somodevilla, Joe Biden, Trump, Nikki Haley, Haley, Biden, Trump's, that's, Matthew Fox, James Reilly, Amanda Andrade, Rhoades, didn't, Jamie Dimon, Dimon, Ray Dalio, Tesla, Warren Buffett, Berkshire Hathaway, Charlie Munger, Francois G . Durand, Jenny Chang, Rodriguez, Dick Costolo, Elon, Rebecca Zisser, Gen Zers, Millennials, Uber, Dow, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: South, GOP, Trump, South Carolina GOP, Gov, Nasdaq, Capital Economics, White, Israel, Washington, Getty, Economic, CNBC, Bridgewater, Nvidia, Berkshire, SpaceX, Dow Jones, US Locations: New Hampshire, China, Capital, Israel, Palestine, Washington, United States, Russia, Ukraine, New York, London, Chicago

☆ Lionel Messi’s last-gasp goal earns Inter Miami a draw against LA Galaxy in front of star-studded crowd
▼ + stars: | 2024-02-26 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —The stars were out in force to watch Lionel Messi’s Inter Miami against LA Galaxy in Sunday’s 1-1 draw – and the Argentine, unsurprisingly, didn’t disappoint. LA Galaxy, once a home for some of Major League Soccer’s superstar signings following David Beckham’s arrival in 2007, took the lead in the 75th minute through Serbian striker Dejan Joveljić. Despite its new star-studded lineup, which now also features Luis Saurez, Jordi Alba and Sergio Busquets, Inter Miami was thoroughly outplayed for much of the match and looked to be heading for defeat until Messi’s intervention in the 92nd minute. Former Galaxy star Beckham, who has a statue outside of the the club’s stadium and is now a part-owner of Inter Miami, didn’t celebrate the equalizing goal against his former team. Actors Edward Norton and Liv Tyler watched alongside David Beckham and son Brooklyn Beckham.

Persons: Lionel Messi’s, Novak Djokovic, Halle Berry, Edward Norton, Liv Tyler, Anderson Paak, Tobin Heath, Diana Taurasi, David Beckham’s, Dejan Joveljić, Luis Saurez, Jordi Alba, Sergio Busquets, Kevork Djansezian, Messi, Alba, John McCarthy, Marco Delgado, Busquets, Beckham, “, Riqui Puig, Gerardo Martino, ” Martino, Joseph Paintsil, David Beckham, Brooklyn Beckham, Leo, ”, Cristiano Ronaldo Organizations: CNN, Lionel Messi’s Inter Miami, LA Galaxy, Argentine, Christen Press, Major League, Serbian, Inter Miami, Barcelona, Galaxy, Miami, didn’t, North, Messi Locations: Miami, Argentina, North America

☆ Major companies in China are setting up their own volunteer armies
▼ + stars: | 2024-02-21 | by ( Laura He | ) edition.cnn.com time to read: +12 min

Hong Kong CNN —Chinese companies are doing something rarely seen since the 1970s: setting up their own volunteer armies. According to China’s Military Service Law, male militia members should be 18 to 35 years old. It was latest in a slew of militias established by major Chinese companies in the past year. After 1949, when the party took control of mainland China, the units were eventually embedded into governments, schools and companies. This can, in the long run, save the PLA resources by delegating some duties to militia forces to care for,” Heath said.

Persons: Xi, ”, Neil Thomas, Nuo Nuo, Huang Zhiqiang, Qilai Shen, Liu Jie, Mao Zedong, Mao, Timothy Heath, homebuyers, Heath, ” Heath, Willy Lam, Sam Yeh, ” Lam, China’s Organizations: Hong Kong CNN, CNN, People’s Armed Forces Departments, America’s National Guard, Communist, Asia Society, Center for, Communist Party, China Labour Bulletin, Foxconn, Yili, Armed Forces Department, China’s Military Service Law, People’s Liberation Army, PLA, government’s Communist Party, Inner Mongolia Autonomous, Bloomberg, Getty, Shanghai Municipal Investment Group, Construction Investment, Development, Defense Ministry, People’s Armed Police, Armed, Rand Corporation, Jamestown Foundation, Party, Taiwan Locations: China, Hong Kong, Center for China, Beijing, Zhengzhou, Henan, Hohhot, Inner Mongolia, Yili, Shanghai, Mengniu, Nantong city, Jiangsu, Huizhou city, Guangdong, Wuhan, Hubei province, People’s Republic, United States, Taiwan, Fangchenggang City, Guangxi, ”, PLA, Taiwan's, AFP

☆ Opinion: I grew up in Russia and Ukraine. Here’s what I say when people ask where I’m from
▼ + stars: | 2024-02-21 | by ( Opinion Sasha Vasilyuk | ) edition.cnn.com time to read: +7 min

She grew up between Ukraine, Russia and the United States. CNN —While for most of the world the war in Ukraine has been going on for two years, for my family it’s been 10. It was after that trip that I began writing a novel called “Your Presence Is Mandatory” that spans from World War II to the war in the Donbas. The world where Russia plays the role of the big sister to Ukraine has been shattered. And so, now when people ask me where I’m from, I say I’m from Ukraine and Russia.

Persons: Sasha Vasilyuk, Christopher Michel, Vladimir Putin’s, Putin, Tucker Carlson, It’s, “, who’d, Ukraine —, I’m, it’s Organizations: CNN, Russian, Soviet Locations: Russia, Ukraine, United States, Russian, Soviet, Donetsk, Berlin

☆ Some hear echoes of the Web3 frenzy around generative AI. But its future is likely to play out very differently.
▼ + stars: | 2024-02-19 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

Mariam Pettit, partner at Global Founders Capital, said the rush toward AI was in part driven by investor FOMO. While investors and industry insiders don't anticipate the same fate for generative AI startups, many see the parallels between the two industries. Indeed, VCs are paying premiums and pre-empting rounds into hot AI startups in a bid to get a place on the cap table. AI founders are aware that they need to differentiate themselves in order to survive, at the very least. "And with vertical AI startups, it's much clearer that all the data we have is approved by the creator of that data."

Persons: Marc Andreessen, ChatGPT, Mariam Pettit, FOMO, Rainer Haeckl Web3, Sam Bankman Fried, Ash Arora, LocalGlobe, Arora, Sam Altman, Andreessen Horowitz, Ayman Fadil, Fadil, Pettit, Devang Agarwal Organizations: Business, Alpha, Global Founders Capital, Investors, Tech, Talis Locations: German, London, Web3, LocalGlobe, Jasper

☆ Kylian Mbappé, P.S.G. and the Dangers of a Loveless Marriage
▼ + stars: | 2024-02-16 | by ( Rory Smith | ) www.nytimes.com time to read: 1 min

This time, Kylian Mbappé means it. The reports on Thursday of his decision to leave Paris St.-Germain, his hometown team, might have carried with them an unmistakable sense of déjà vu. They might have been copied and pasted, almost verbatim, from the last time this happened, and the time before that. It is less than two years since he and P.S.G. last came to the brink, his boxes packed, his desk emptied, his goodbye card signed.

Persons: Kylian, Germain, He’s, P.S.G Locations: Paris St

☆ Trump’s new Supreme Court gambit doesn’t even try to hide that it’s a delaying tactic
▼ + stars: | 2024-02-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Donald Trump’s filing to the Supreme Court over his claim for sweeping presidential immunity begins with a quote from Yogi Berra. The coming days could decide when the first Trump trial takes placeThe text of Trump’s filing to the court at times feels somewhat frivolous. Trump’s legal team has a good reason to try to run out the clock. But it is not certain that the Supreme Court, which last week heard oral arguments on another Trump case — over his expulsion from Colorado’s ballot — will even agree to take his latest request. As with Smith’s Washington case, Trump’s team is seeking to delay the trial currently scheduled for May.

Persons: Donald Trump’s, Yogi Berra, Jack Smith, Trump, Ty Cobb, CNN’s Erin Burnett, “, ”, Joe Biden, he’s, Elie Honig, Donald Trump, Jack Smith’s, Honig, Norm Eisen, ” Eisen, Smith, Ankush, CNN’s Wolf, Smith’s, Stormy Daniels, —, Fani Willis, Willis, – Organizations: New York Yankees, White, NBC News, Trump, Biden, CNN, Justice Department, Trump Organization Locations: White, Florida, Smith’s Washington, Manhattan, Georgia, New York

☆ Nelson Peltz and Bob Iger are still throwing punches despite Disney's killer start to 2024
▼ + stars: | 2024-02-08 | by ( Jordan Hart | Madeline Berg | ) www.businessinsider.com time to read: +3 min

Disney CEO Bob Iger and activist investor Nelson Peltz are still sparring despite stellar earnings. All signs point to the fact that Peltz's second Disney proxy fight is still on. AdvertisementDespite what one analyst has called Disney's "epic quarter," tensions between CEO Bob Iger and activist investor Nelson Peltz seem to be running as high as ever. And the verbal jabs both sides threw at each other indicate the proxy fight is still on. Peltz has specifically lamented Disney's streaming losses, a pause in dividends, and the lack of a comprehensive succession plan.

Persons: Bob Iger, Nelson Peltz, Peltz's, —, Taylor Swift, Disney's, hasn't, Iger, Trian, Peltz, Peltz hasn't Organizations: Disney, Peltz's Trian, Service, Epic, Fund Management, CNBC

☆ Wall Street loves Disney's kitchen-sink quarter, but Nelson Peltz says he isn't backing down
▼ + stars: | 2024-02-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Nelson Peltz, founding partner and CEO of Trian Fund Management, speaks with CNBC's Andrew Ross Sorkin on July 17, 2013 in New York. Are you not entertained, Nelson Peltz? Both Disney's higher profits, and string of content and partnership announcements, appeared to form a direct rebuttal to Peltz's concerns about the company. It was hard to keep up with Disney's announcements this quarter:ESPN finally set a launch date for its direct-to-consumer service: August or fall of 2025. It's only logical that the mountain of announcements came this quarter, given activist pressure from Trian and Blackwells Capital.

Persons: Nelson Peltz, CNBC's Andrew Ross Sorkin, Peltz, Jay Rasulo, Michael Froman, Maria Elena Lagomasino, Bob Iger, CNBC's Julia Boorstin, Iger, Boorstin, Taylor, Trian, Disney Organizations: Trian Fund Management, Disney, CNBC, ESPN, Epic Games, Warner Bros . Discovery, Fox, Blackwells, Disney Board Locations: New York, Trian

Disney's fiscal first-quarter earnings per share beat expectations and it said its full-year EPS will rise at least 20% from 2023. Iger also unveiled his strategy and timeline for bringing Disney's flagship sports network ESPN into the streaming era. AdvertisementThe company will launch a stand-alone streaming service with ESPN and its sister networks in the fall of 2025, something Iger called "inevitable." Even if there's consumer demand, the JV faces several hurdles, from challenges brought by existing distributors to antitrust opposition, LightShed Partners wrote in a note published ahead of Disney's earnings release. Challenges aside, the new sports streaming strategy is a big step forward for Iger and Disney.

Persons: —, Bob Iger's, Iger, Taylor Swift, Nelson Peltz, Bob Chapek's, Peltz's, Disney, Paul Verna, Alpha, LightShed, Iger didn't, Trian, Elon Musk, Gina Carano's, Iger's Organizations: Service, Disney, Epic Games, Peltz's Trian Fund Management, Blackwells, ValueAct, Business, Iger, Insider Intelligence, ESPN, Disney's, Fox, Warner Bros, JV, LightShed Partners, Marvel, CNBC Locations: Moana

☆ Premarket stocks: Wall Street is worried about another regional banking crisis
▼ + stars: | 2024-02-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

But while the last crisis was all about interest rate risk, this one revolves around the $20 trillion commercial real estate market. What’s happening: After decades of growth bolstered by low interest rates and easy credit, commercial real estate has hit a wall. The increase was driven partly by expected losses on commercial real estate loans, it said. “As losses from a [commercial real estate] loan portfolio accumulate, they can spill over into the broader financial system,” they wrote. “There’s some smaller and regional banks that have concentrated exposures in these areas that are challenged and we’re working with them,” he said.

Persons: It’s, Goldman Sachs, Anna Cooban, Janet Yellen, Jerome Powell, Gary Gensler, ”, Chip Somodevilla, She’s, Powell, “, ” McDonald’s, McDonald’s, Jordan Valinsky, Samantha Murphy Kelly, “ We’ve Organizations: CNN Business, Bell, New York CNN, New York Community Bancorp, US Regional Bank, Japan’s Aozora Bank, Deutsche Bank, Canadian Public Pension Investment Board, Boston Properties, US Securities and Exchange, Financial, Biden, Senate, CBS, Verizon, Old Telephone Service, landlines, UK, Consumers, CNN, California Public Utilities Commission Locations: New York, Manhattan, Boston, Washington ,, East, United States, California, France, California ”

☆ Billy Joel Said He’d Retired From Pop. Here’s What Brought Him Back.
▼ + stars: | 2024-02-05 | by ( Caryn Ganz | ) www.nytimes.com time to read: +1 min

Billy Joel’s first new pop song in nearly two decades was sparked by someone miles from the record business: a Long Island doctor. Joel, 74, has long made it known that he isn’t interested in making more albums. (“He is everything,” Olivia Rodrigo, 20, who referenced him in her song “Deja Vu,” said last summer.) Over the years, the list of people who’d tried to cajole him back into writing and recording grew legion: Clive Davis. Yet when Joel’s family doctor urged him to meet “a kid” interested in discussing music near his place out east in Sag Harbor, he agreed to a lunch.

Persons: Billy Joel’s, Joel, —, that’s, ”, ” Olivia Rodrigo, who’d, Clive Davis, Rick Rubin, Elton John Locations: Oyster Bay, N.Y, “, Sag Harbor

☆ Coco Jones may seem like a splashy newcomer, but she's having déjà vu
▼ + stars: | 2024-02-03 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +10 min

Anyone who watched the Disney Channel in the early 2010s will recognize Jones' onscreen magnetism and precocious vocal skill. AdvertisementBut while many of Jones' cohorts have emphatically shed the mouse ears, Jones has taken the path of radical acceptance. "One thing about 'Let It Shine,' it's going to follow me until the wheels fall off," Jones said. Advertisement"ICU" was released as the second single from "What I Didn't Tell You," the first EP Jones released through a major label. "What I Didn't Tell You" is the product of studious passion; Jones honors the R&B tradition without relying on imitation.

Persons: —, Coco Jones, it's, Jones, Chloe, Halle Bailey, Kelsey, Charlie, Tyler James Williams, Abbott, Hilary Banks, Bel, Will Smith, Justin Timberlake, Miley Cyrus, Olivia Rodrigo, Sabrina Carpenter, " Jones, Lea Mende Jones, I'm, Warner Chappell, Simone Biles, Lea Mende, Aretha Franklin, Whitney Houston, Mariah Carey, CeCe Winans, Taylor Swift, Timberlake, Babyface, Reneé Rapp, She's, Rapp Organizations: Service, Disney Channel, Disney, Business, Hollywood Records, Facebook, colorism, Bel, Def Jam, Warner, Warner Chappell Music, BET, HBO, College Girls, MTV

☆ Ally Financial and USGA strike deal as U.S. Women's Open purse reaches new record
▼ + stars: | 2024-02-01 | 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 EmailAlly Financial and USGA strike deal as U.S. Women's Open purse reaches new recordAlly Financial's Stephanie Marciano, Lilia Vu, the World's No.1 golfer, and Mike Whan, U.S. Golf Association CEO, join 'Power Lunch' to discuss the new partnership between the USGA and Ally Financial.

Persons: Ally Financial's Stephanie Marciano, Lilia Vu, Mike Whan Organizations: Financial, USGA, . Golf Association, Ally

☆ A commercial real estate crash is unfolding, and regional banks are feeling the pain
▼ + stars: | 2024-02-01 | by ( Aruni Soni | ) www.businessinsider.com time to read: +1 min

Regional bank stocks are feeling the bite of the unfurling commercial property crisis in a rout that's giving SVB-collapse flashbacks. Commercial real estate loans are going sour with huge defaults on the horizon, pummeling banks from New York to Tokyo. Regional banks are a lot more exposed and vulnerable to commercial real estate loans. AdvertisementPlummeting regional bank stocks are giving investors déjà vu, but the underlying problem this time around is the commercial property crisis. The decline was led by New York Bancorp, which tumbled nearly 40% on Wednesday after posting a fourth-quarter loss of $260 million due to of sour commercial real estate loans.

Persons: —, déjà Organizations: Service, Nasdaq, Silicon Valley Bank, New York Bancorp, Business Locations: New York, Tokyo, Silicon

☆ Opinion: As a child I fled the Nazis. As a grandmother I survived Hamas attack. Why this Holocaust Memorial Day is different
▼ + stars: | 2024-01-27 | by ( Opinion Mirjam Beit Talmi Szpiro | ) edition.cnn.com time to read: +4 min

Editor’s Note: Mirjam Beit Talmi Szpiro is a Holocaust survivor from Kibbutz Zikim, Israel. CNN —As we mark International Holocaust Memorial Day, I find myself compelled to share a story, my story, bookmarked by some of the darkest chapters in history. But it must be told more than ever on this Holocaust Memorial Day. Just a few weeks short of the 85th anniversary of the Kristallnacht attacks, Hamas unleashed its own attacks on the Israeli border communities, brutally slaughtering 1,200 people and taking over 250 hostages. So, for me, this Holocaust Memorial Day is different.

Persons: Kibbutz, Read, Mirjam Beit, Yossi Zeliger, “ I’m, I’m Organizations: CNN, Universal Locations: Kibbutz Zikim, Israel, Germany, Nazi Germany, Gaza, Zikim, Auschwitz, Lodz, Britain, Amsterdam, Berlin, Jerusalem

CNN —US and AC Milan midfielder Yunus Musah is used to hostility – passionate and aggressive crowds are part of the game after all. Instead, Italian soccer found itself in the midst of another alleged racism scandal – one that Musah was around to witness firsthand. “So it was really, really important that when we saw that, the whole team reacted great. Prior to joining Milan, Musah spent the first three years of his senior career with Spanish side Valencia. During a league match against Real Madrid in May last year, a Valencia fan subjected opposing forward Vinícius Jr. to persistent racist abuse.

Persons: Yunus Musah, “ We’re, ” Musah, Darren Lewis, Mike Maignan, Noah Okafor, Musah, Mike, “, ”, ” Maignan, Fabio Maresca, Maignan, Romelu, Vinícius, Pablo Morano, Reuters Musah, ” “, they’re, Omar Beckles, George Floyd, Germany's Leon Goretzka, Mike Lawrence, “ We’d, ’ ”, Milan Women’s Christy Grimshaw, You’ve, “ We’ll Organizations: CNN, US, AC Milan, Soccer, Serie, Udinese, Milan, ” Udinese, Serie A, Ciancaphoto, Udinese Calcio, Italian, Roma, Spanish, Real Madrid, Reuters, England’s, ’ Association, Getty, Milan’s, ” Locations: Italy, Lazio, “, Valencia, New York, London, England

☆ Vietnam to Hold Arms Fair in December as Its Seeks to Diversify Supplies
▼ + stars: | 2024-01-25 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

HANOI (Reuters) - Vietnam's defence ministry said on Friday it will organise an international arms fair in December, as it seeks to diversify its arms supplies and expand cooperation in arms production and exports. Vietnam held its first international arms fair in December 2022, which attracted 174 exhibitors from 30 countries, including all large arms-making nations except China. The ministry on Friday said "several deals were reached" at that arms fair, without giving further details. The Southeast Asian country has an annual military expenditure of above 2% of its gross domestic product, according to the ministry. Vietnam is producing among other weapons small weapons, ammunitions, drones and armoured vehicles.

Persons: Khanh Vu, Francesco Guarascio, Michael Perry Locations: HANOI, Gia Lam, Hanoi, China, Vietnam

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