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☆ DOJ charges Chinese national with operating 'world's largest botnet' that stole $5.9 billion in Covid relief funds
▼ + stars: | 2024-05-29 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Federal Bureau of Investigation Director Christopher Wray said it is "likely the world's largest botnet ever." The botnet hacked into over 19 million IP addresses in nearly 200 countries, the DOJ announcement said. In particular, the botnet targeted Covid relief programs and filed an estimated 560,000 false unemployment insurance claims, stealing $5.9 billion. The DOJ partnered with the FBI and other law enforcement agencies internationally to dismantle the botnet and arrest Wang. The charges come as U.S. law enforcement agencies try to update protocols to keep up with more sophisticated cybersecurity threats.

Persons: Wang, Christopher Wray, S, Axelrod, they're, Wray Organizations: US Department of Justice, Department of Justice, DOJ, Federal Bureau of, FBI, Export Enforcement, U.S . Department of Commerce's, of Industry, Security, Treasury Department, Treasury, Code, Tulip Biz, Company, Lily Suites Company Locations: Washington , DC, U.S, China

☆ Ukraine just gave us the first official look at one of its 'FrankenSAMs,' Kyiv's air defense mash-ups of US and Soviet weaponry
▼ + stars: | 2024-05-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

Ukraine's East Air Command unveiled photos of a "FrankenSAM," a blend of Soviet and US weapons. The combined air defense systems were announced in October, but this is the first time one was officially revealed. Ukraine and the US have been working on "FrankenSAM" projects to make use of Kyiv's older inventory. AdvertisementUkraine on Monday unveiled the first official photos of a "FrankenSAM," a hybrid air defense system that combines Soviet launchers with US missiles. The East Air Command posted the photos on its Facebook page with an interview of an officer in charge of the defense system.

Persons: — Organizations: East Air Command, Service, Monday, US, Business Locations: Ukraine

☆ Iga Swiatek beats Naomi Osaka in French Open classic
▼ + stars: | 2024-05-29 | by ( Matthew Futterman | ) www.nytimes.com time to read: +5 min

With her biggest triumph in years, Naomi Osaka lost to world No. 1 and three-time defending champion Iga Swiatek at the French Open today, Wednesday May 29. Few even considered that Osaka, less than a year after giving birth, with little success on clay, would stand a chance. Swiatek saved a match point, then let Osaka’s errors bring her back on serve. A killer cross-court backhand winner brought her to match point, and then she watched Osaka send one more backhand long.

Persons: Naomi Osaka, Iga Swiatek, It’s, Swiatek, Roland Garros, Philippe, Osaka, Richard Gasquet, Mateo Villalba Organizations: Wednesday, Osaka, Getty Locations: Osaka, California

☆ French Open day 4 recap: Swiatek wins, Kenin shocks Garcia, crowds and schedule frustrate
▼ + stars: | 2024-05-29 | by ( James Hansen | Matthew Futterman | ) www.nytimes.com time to read: +6 min

🇫🇷 Caroline Garcia (21), 6-3, 6-3Caroline Garcia (21), 6-3, 6-3 🇬🇷 Stefanos Tsitsipas (9) def. 🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2 🇷🇺 Andrey Rublev (6) def. 🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3 🇵🇱 Iga Swiatek (1) def. 🇸🇮 Tara Zidansek, 6-3, 6-4🇸🇮 Tara Zidansek, 6-3, 6-4 🇮🇹 Jannik Sinner (2) def. 🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4 🇷🇺 Pavel Kotov def.

Persons: Roland Garros, Naomi Osaka Naomi Osaka, Iga Swiatek, Ash Barty, Philippe, Chatrier, Swiatek, Tim Clayton, Corbis, she’s, “, ”, Naomi Osaka, Ben Shelton, Kei Nishikori, queueing, Stan Wawrinka, Andy Murray, Jannik, Richard Gasquet, Sofia Kenin, Caroline Garcia, Garcia didn’t, Jesper de Jong, Jesper De Jong, olin e Garcia, Garcia, 7-5, Coco Gauff, 6-4 🇮🇹, 🇫🇷 Rich, Katie V, Dani, oren, Mathieu 🇺🇸 Madi, Clive Br Organizations: Getty, Swiatek, Philippe Locations: Osaka, Swiatek, Paris, 6-2, 6

☆ 5 reasons the stock market is headed for a 4% gain in June, according to Fundstrat
▼ + stars: | 2024-05-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The S&P 500 is primed to rise 4% in June, according to Fundstrat's Tom Lee. AdvertisementThe stock market is poised to rise another 4% in June after jumping 5% in May, according to a Tuesday note from Fundstrat's Tom Lee. Lee said the S&P 500 could jump to 5,500 within the next month, driven by five positive market catalysts. Such a gain would send the S&P 500 to new all-time highs. But Nvidia's blowout earnings results last week could jolt investors to finally put that cash to work and buy stocks, according to Lee.

Persons: Tom Lee, Lee, — Organizations: Service, PCE, CPI, Bank of America

☆ US and allies arrest alleged cybercrime ringleader, seize millions in sports cars in major Covid-19 fraud bust
▼ + stars: | 2024-05-29 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

The alleged cybercriminal conduct and the lavish lifestyle it funded “reads like it’s ripped from a screenplay,” Matthew Axelrod, a senior US Commerce Department official involved in the investigation, said in a statement. Wang used money he earned from renting the botnet to buy property in those locations, according to an indictment unsealed in the US District Court for the Eastern District of Texas. Authorities in Singapore and Thailand worked with the FBI on the bust, the Justice Department said. The new charges are only the latest alleged example of opportunistic fraud that has been rampant across the US since Covid-19 emerged more than four years ago. The problem got so bad that the Secret Service named a senior official as National Pandemic Fraud Recovery Coordinator to try to claw back some of the many billions that were stolen.

Persons: YunHe Wang, Fraudsters, ” Matthew Axelrod, Brett Leatherman, Wang, Leatherman Organizations: CNN, Justice Department, Justice, Treasury, US Commerce Department, Royce, FBI, Court, Eastern, Eastern District of, Authorities, Service, IRS Locations: Singapore, East Asia, Caribbean, Eastern District, Eastern District of Texas, Thailand

☆ Gaza Offensive Will Last at Least Through End of Year, Israeli Official Says
▼ + stars: | 2024-05-29 | by ( Aaron Boxerman | ) www.nytimes.com time to read: +7 min

U.S. officials said on Tuesday that the Israeli strike that killed dozens of Palestinians in southern Gaza was a tragedy but that it did not violate President Biden’s red line for withholding weapons shipments to Israel. The United States is by far the biggest supplier of weapons to Israel, which raises questions about American responsibility as the death toll mounts. She did not answer a follow-up question about whether the strike crossed a red line for Mr. Biden. A State Department spokesman, Matthew Miller, said the United States was watching Israel’s investigation of the incident closely. Israel’s retaliatory offensive has killed more than 36,000 people, many of them women and children, according to health officials in Gaza.

Persons: John F, Kirby, —, they’re, Biden, Israel, ” Mr, “, Mr, Kamala Harris, Benjamin Netanyahu, Matthew Miller, Miller, ”, Daniel Hagari, Khan Younis, Khaled Elgindy, Elgindy, ” Erica L, Green, Michael Crowley Organizations: Mr, European Union, United, CNN, United Nations, State Department, Middle East Institute Locations: Rafah, Gaza, Israel, United States, United Nations, Egypt, China, “, Hamas, Washington, New York

☆ Tourists are already poking holes in the Mount Fuji barrier built by a small town to stop overcrowding in the neighborhood
▼ + stars: | 2024-05-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

A local official told AFP the curtain set up by a Japanese town to block Mount Fuji already has holes. The official said 10 finger-sized holes were found in the netting since it was erected last week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been about a week since a Japanese resort town erected an eight-foot-tall mesh to block a scenic view of Mount Fuji that had tourists crowding nearby businesses. But Fujikawaguchiko authorities are already finding holes being poked in the black netting, one town official told Agence France-Presse on Tuesday.

Persons: —, It's Organizations: AFP, Mount Fuji, Authorities, Service, Mount, Agence France, Presse, Business Locations: Mount Fuji

☆ The South Park jinx could be coming for high-flying weight-loss stocks
▼ + stars: | 2024-05-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

"One year after appearing on South Park, the median stock underperforms the S&P 500 by 7%," Spectra Markets said. South Park: The End of Obesity special released last week tackled the growing popularity of Ozempic and Mounjaro as Eric Cartman tries to get his hands on the hugely popular weight-loss drugs. Advertisement"One year after appearing on South Park, the median stock underperforms the S&P 500 by 7%," Spectra Markets President Brent Donnelly said. "South Park has a 20+ year history of capturing the cultural zeitgeist and it's impossible to argue that anything that is lampooned on South Park is not priced in," Donnelly said. But not all those featured on South Park saw their stock prices peak shortly thereafter, with Microsoft, Yelp, and Netflix bucking the trend.

Persons: —, Eric Cartman, Brent Donnelly, Donnelly, Eli Lilly, shouldn't Organizations: Service, Spectra Markets, Novo Nordisk, Twitter, Starbucks, Walmart, Microsoft, Netflix

☆ Corporate earnings and economic growth are diverging. That's great news for stocks.
▼ + stars: | 2024-05-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

An ideal setup for the stock market has arrived as earnings grow and the economy slows, Bank of America says. AdvertisementThe stock market has entered an ideal environment to generate further gains as economic growth slows while corporate profits continue to rise, Bank of America said this week. Those average returns fall to 3% with a 63% win ratio when earnings growth is falling and the economy is growing and drop to 2% with a 62% win ratio when both earnings and economic growth are falling. And when both the economy and corporate profits are rising, the S&P 500 delivered an average quarterly return of 2% with a 69% win ratio. At the same time, the bank sees corporate profits accelerating, with earnings per share growing 3% over the last 12 months.

Persons: BofA, — Organizations: Bank of America, Service

☆ Trump’s Fate Is Now in the Hands of the Jury
▼ + stars: | 2024-05-29 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

Deliberations began today after the judge overseeing Donald Trump’s trial in New York, Juan Merchan, delivered an array of legal instructions to guide the jury. During that time, they sent a couple of notes to the judge, including a request to hear his instructions again. Merchan said that the requests would be addressed tomorrow, when the jury returns for a second day of deliberations. While the jury could reach a verdict as soon as tomorrow, it also could take several more weeks, or they could fail to reach a verdict at all. Trump has been charged with 34 felony counts of falsifying business records on the eve of the 2016 election, and the jurors’ verdict on each count must be unanimous.

Persons: Donald Trump’s, Juan Merchan, Merchan, Trump, sully Organizations: Yorkers Locations: New York

☆ There’s a Reason Most People Aren’t Following the New York Trump Trial - The New York Times
▼ + stars: | 2024-05-29 | by ( Matthew Walther | ) www.nytimes.com time to read: +2 min

Christopher Hitchens once described participation in the absurd debate over who actually wrote Shakespeare’s plays as “an unfailing sign of advanced intellectual and mental prostration.” It would be unsporting to apply this characterization of literary conspiracy theorists to the enthusiastic followers of Donald Trump’s criminal trial in New York, but only, I think, because the verdict in the latter case is still an open question. For the uninitiated (a category to which a great majority of voters belong), the most immediately striking feature of both Shakespeare denialism and the Trump trial is impenetrability: endless rolls of decontextualized names and dates; speculative chronologies; inconsequential or irrelevant details invested with a lurid significance; complex, novel theories of evidence that are somehow applicable only to one individual. How many people, even those who purport to be following the case against Mr. Trump, can summarize the premise on which the Manhattan district attorney, Alvin Bragg, has based his claim that various alleged low-level bookkeeping offenses somehow congeal into a felony, much less explain why Mr. Trump is the only person of note whose ostensible accounting errors are treated like this? People recognize, at least implicitly, that the trial is in effect an attempt to settle an issue that courts are poorly suited to decide: namely, whether Mr. Trump should again be elected president of the United States. That, as they say, is a question for another day, specifically Nov. 5.

Persons: Christopher Hitchens, Donald Trump’s, Shakespeare denialism, Trump, Alvin Bragg, Shakespeare, Francis Bacon Locations: New York, Manhattan, United States

☆ A brand-new F-35 crashed into a New Mexico hillside while flying from a Lockheed Martin facility to a US airbase
▼ + stars: | 2024-05-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

A new F-35B crashed in Albuquerque, New Mexico, on Tuesday, leaving its pilot injured. The jet was a new model being transferred from a Lockheed Martin facility to the US military, per reports. F-35s have been reported to cost up to $135 million each, but it's unclear how much this one was worth. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn F-35B Lightning II fighter jet crashed near the Albuquerque International Sunport in New Mexico on Tuesday, and its pilot has been seriously injured, local authorities said.

Persons: Lockheed Martin, —, Jason Fejer Organizations: Lockheed, Service, Albuquerque, Fire, Albuquerque Fire, Business Locations: Albuquerque , New Mexico, New Mexico, Albuquerque

☆ Both Sides Delivered Closing Arguments at Trump’s Trial
▼ + stars: | 2024-05-28 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

The main thrust of Blanche’s argument was that the prosecution’s key witness, Michael Cohen, could not be trusted. He portrayed Cohen, Trump’s former fixer, as a greedy liar bent on revenge and labeled him the “G.L.O.A.T.,” or the greatest liar of all time. Blanche’s calculus is simple: Cohen offered the prosecution’s most direct link between Trump and the alleged crime. So if the jury doesn’t believe him, they may have a hard time finding Trump guilty. “This scheme, cooked up by these men, at this time, could very well be what got President Trump elected,” he said.

Persons: Donald Trump, Yorkers, Todd Blanche, Trump, Michael Cohen, Cohen, Trump’s, doesn’t, Joshua Steinglass, ” Organizations: Trump, National Enquirer

☆ Russian experts were guiding North Korea's space program ahead of Pyongyang blowing up its latest satellite: South Korean report
▼ + stars: | 2024-05-28 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

And that was despite Russian space experts recently arriving to guide North Korea's space program, South Korean news agency Yonhap reported a day before the failed launch, citing a senior defense official who was not named. It's unclear exactly how many technicians were sent to North Korea, when they might have arrived, or how they might have advised Pyongyang. Yonhap reported that North Korea's space rockets also likely face issues with their second and third-stage engines. South Korea has for months said that North Korea's sole successful satellite launch of 2023 came off the back of Russian assistance. The US Indo-Pacific Command noted that Pyongyang's Monday launch appeared to use technology related to North Korea's ballistic missile program.

Persons: —, Yonhap, Vladimir Putin, it's Organizations: Service, Korea, Business, South Korean, Russian Ministry of Foreign Affairs, Business Insider, North, Pacific Command, United Nations Locations: Korean, North Korea, Pyongyang, Russia, North, Ukraine, Moscow, South Korea, Seoul

☆ Jim Cramer likes bullish calls on Viking and Airbnb but is cautious on this bank
▼ + stars: | 2024-05-28 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "They don't want kids, and they don't want gambling," and that's the appeal of Viking, Cramer said. Airbnb : Shares of the short-term rental company were upgraded to a buy-equivalent outperform rating at Wedbush. Huntington Bancshares : The regional bank stock was upgraded to a buy-equivalent overweight rating at JPMorgan. Cramer said Texas Instruments didn't make the right moves with customers and shareholders and that's why Elliott moved in.

Persons: Jim Cramer's, Mike Sievert, Jim Cramer, initiations, Viking, Cramer, Huntington, Elliott Organizations: CNBC, Club, U.S . Cellular, Mobile, U.S, Cellular, Viking Holdings, JPMorgan, Texas, Elliott Management

☆ The real reason behind Hollywood's miserable weekend
▼ + stars: | 2024-05-28 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Read previewThis weekend my family went to the movies, twice. This past holiday weekend was the worst Memorial Day showing Hollywood has seen in decades, with ticket sales down a staggering 40% from last year. One thing Hollywood is very good at is generating explanations for a flop — or in this case, multiple flops. (I paid $44.76 for the two Furiousa tickets I bought over the weekend at my local Alamo Drafthouse. I don't think movies or movie theaters are going away.

Persons: —, Max, Matthew Ball, Barbie, Oppenheimer, Tom Rothman Organizations: Service, Garfield, Hollywood, Business, Sony

☆ Nvidia stock has 258% upside as its 'impenetrable moat' will propel it to a $10 trillion valuation by 2030, tech analyst says
▼ + stars: | 2024-05-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

That's according to I/O Fund tech analyst Beth Kindig, who said Nvidia has a massive moat around its business. Kindig said the next leg of growth for Nvidia will come from its CUDA software platform. AdvertisementNvidia stock will surge 258% from current levels and hit a $10 trillion market valuation by 2030, according to I/O Fund tech analyst Beth Kindig. This is very, very early for Nvidia," Kindig told CNBC on Tuesday. "The CUDA software platform is what developers learn on.

Persons: Beth Kindig, Kindig, —, Nvidia's, Blackwell, Kindig's, They're Organizations: Nvidia, Blackwell, Fund, Service, CNBC, AMD, Intel, Amazon

☆ North Korea said its new liquid oxygen engine caused the downfall of its latest spy satellite and blew it up in midair
▼ + stars: | 2024-05-28 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewNorth Korea said on Monday that its latest spy satellite launch failed, with its rocket exploding during the first stage of flight that evening. The attempted space launch has been blasted by South Korea, which they said North Korea warned them about. It further warned that North Korea appeared to have launched the satellite using technology from its international ballistics missile programs. But South Korea has been warning that Pyongyang is still able to pull off satellite launches with Russia's help. North Korea has denied its participation in any arms exchange with Moscow.

Persons: —, Minoru Kihara Organizations: Service, Korean Central News Agency, National Aerospace Technology Administration, Business, KCNA Watch, North, KBS, Seoul, Pacific Command, UN, US Locations: Korea, Seoul, Pyongyang, Japan, South Korea, North Korea, Beijing, Ukraine, Russia, Moscow

☆ Trump braces for final act of his historic criminal trial
▼ + stars: | 2024-05-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Donald Trump’s first criminal trial has arrived at its dramatic final act with lawyers for both sides primed on Tuesday to hammer home their cases before jurors consider a verdict that could make history. They argued during the trial that there was no evidence of criminal intent. The trial has not gripped the attention of the country as it might have were television cameras allowed in the courtroom. And Trump used his multiple criminal indictments to his political advantage in clearing the Republican nominating field. The time off only seems to have escalated Trump’s fury as one of the defining weeks of his life dawns.

Persons: Donald Trump’s, Juan Merchan, Trump, president’s, Todd Blanche, Michael Cohen, CNN’s Kara Scannell, Joshua Steinglass, Blanche, Attorney Alvin Bragg, Stormy Daniels, Cohen, ”, Elliot Williams, “, ” Cohen, Jeremy Saland, you’d, Matthew Colangelo, Daniels, David Pecker, Hope Hicks, Joe Biden, Yorkers, Mike Johnson, Biden, he’s, Merchan, ” Trump, Jean Carroll Organizations: CNN, Manhattan, Attorney, Democrat, “ CNN, Trump, White House, Prosecutors, Justice Department, Republican Locations: New York

☆ GPT-4 is better than humans at financial forecasting, new study shows
▼ + stars: | 2024-05-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

OpenAI's GPT-4 is better than humans at analyzing financial statements and making forecasts, according to a new study. "Even without any narrative or industry-specific information, the LLM outperforms financial analysts in its ability to predict earnings changes," the study found. AdvertisementOpenAI's GPT-4 proved to be a better financial analyst than humans, according to a new study. "Even without any narrative or industry-specific information, the LLM outperforms financial analysts in its ability to predict earnings changes," the study said. AdvertisementThe study utilized "chain-of-thought" prompts that directed GPT-4 to identify trends in financial statements and calculate different financial ratios.

Persons: OpenAI's GPT, —, OpenAI's, Sharpe Organizations: Service, Booth School of Business, University of Chicago

☆ Trump’s Trial Has Entered Its Final Stages. Here’s What Comes Next.
▼ + stars: | 2024-05-28 | by ( Matthew Haag | ) www.nytimes.com time to read: +1 min

Closing arguments start Tuesday in the Manhattan hush-money trial of former Donald J. Trump, signaling the final stages of the first criminal trial of an American president. Both prosecutors and defense lawyers will make their final cases for his guilt or innocence before jurors deliberate Mr. Trump’s fate. While opening statements are restricted to evidence, the prosecution and the defense will use closing arguments to argue how and why the evidence, testimony and law support a specific verdict. Closing arguments are expected to last for most or all of Tuesday and perhaps beyond. After closing arguments, the judge, Juan M. Merchan, will provide instructions to the 12 members of the jury that are meant to guide their deliberations.

Persons: Donald J, Juan M, Merchan, Trump Organizations: Trump

☆ Trump trial closing arguments to begin in New York hush money case
▼ + stars: | 2024-05-28 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Former President Donald Trump looks on before the start of trial at the Manhattan Criminal Court during trial in New York City May 20, 2024. Closing arguments in the criminal hush money trial of Donald Trump are set to begin in New York on Tuesday, with jurors on track to begin deliberations in the historic case the following day. If convicted, Trump faces a possible maximum sentence of four years in prison for each felony count. He denies Daniels' claim that the two had sex once in 2006, months after his wife Melania gave birth to their son, Barron. Matthew Colangelo told jurors that the hush money payment to Daniels, and the reimbursements to Cohen, amounted to "election fraud.

Persons: Donald Trump, Michael Cohen, Cohen, Stormy Daniels, Trump, Daniels, Melania, Barron, D.A, Matthew Colangelo, Joe Biden Organizations: Manhattan, New York City, Attorney's Locations: New York, U.S, Manhattan

☆ 7 US tech billionaires have seen a $230 billion surge in wealth this year as stocks soar on the promise of AI revolution
▼ + stars: | 2024-05-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Jensen Huang is leading the pack with a $50 billion wealth gain so far this year. Steven Ferdman/Getty ImagesYTD wealth gain: $17.7 billionTotal net worth: $148 billionSource of wealth: Microsoft stock, which is up 14% year-to-date. Jeff BezosAdvertisementReutersYTD wealth gain: $26.6 billionTotal net worth: $203 billionSource of wealth: Amazon stock, which is up 19% year-to-date. Jeff Bottari/Getty ImagesYTD wealth gain: $42.0 billionTotal net worth: $170 billionSource of wealth: Meta Platforms stock, which has surged 35% year-to-date. Vincent Thian/APYTD wealth gain: $49.6 billionTotal net worth: $93.6 billionSource of wealth: Nvidia stock, which has soared 123% year-to-date.

Persons: Jensen Huang, —, Huang, Steve Ballmer, Steven Ferdman, Jeff Bezos, Sergey Brin Lionel Hahn, Larry Page, Jeff Chiu, Michael Dell Dell, Michael Dell, Mark Zuckerberg, Jeff Bottari, Vincent Thian Organizations: Service, Nvidia, Bloomberg, Microsoft, LA Clippers, Getty, Google, Dell, UFC Locations: San Francisco , California, Las Vegas

☆ White House says attack at Rafah camp did not cross Biden’s red line over supporting Israel
▼ + stars: | 2024-05-28 | by ( Kevin Liptak | Samantha Waldenberg | ) edition.cnn.com time to read: +5 min

It just happened,” Kirby told reporters at the White House. Over the weekend, Israel launched an airstrike on a displacement camp in the southern Gaza city, killing dozens and sparking global outrage. Biden has not commented publicly on either development but has been kept appraised of actions inside Israel over the weekend, Kirby said. French President Emmanuel Macron said he was “outraged” by the strikes and called on operations in Rafah to stop. Kirby suggested the US would look to Israel’s assessment of the incident as it gauges a path forward.

Persons: Joe Biden, John Kirby, ” Kirby, “, Biden, Kirby, Israel, Kamala Harris, Emmanuel Macron, ”, Daniel Hagari, Matthew Miller Organizations: Washington CNN, White, National Security, CNN, Israel Defense Forces, United, ” Locations: Israel, Rafah, Gaza, Europe, Palestinian, United States

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