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☆ Tesla Investors to Decide if Musk Deserves $45 Billion Payday
▼ + stars: | 2024-06-12 | by ( Jack Ewing | Peter Eavis | ) www.nytimes.com time to read: +1 min

Under Elon Musk’s leadership, Tesla popularized electric vehicles and became the most valuable auto company in the world. Mr. Musk became a billionaire many times over while generating huge profits for investors. Even so, Tesla’s shareholders may decide this week that Mr. Musk has been paid too much. With it, he is probably the richest person in the world, worth well over $200 billion. She ruled that Mr. Musk had largely dictated the terms to a board of directors stacked with close friends, people he made rich and his brother.

Persons: Tesla, Musk, Jeff Bezos Organizations: Elon Musk’s, Amazon, Shareholders Locations: Delaware

☆ Planes grounded as sudden storm floods runways at Spanish airport
▼ + stars: | 2024-06-12 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Flights at Palma de Mallorca airport in Mallorca, Spain, were suspended Tuesday after a sudden storm flooded runways. Video footage from inside the airport terminal show water gushing through the roof of the building, and photos show flood waters almost reaching the bottom of plane engines. Operations were “temporarily suspended” as flooding affected part of the facility, airport operator AENA said in a statement Tuesday. On Wednesday, an AENA spokesperson told CNN that flights were suspended for two hours, affecting 100 out of 900 flights scheduled for the day. Boarding or disembarking passengers will also be prohibited in the affected areas.

Persons: “, AENA Organizations: CNN, Palma de Mallorca, Party Locations: Palma, Mallorca, Spain, AENA, Spain’s Balearic, Europe, Ibiza

☆ Goats work as caddies at this Oregon ranch
▼ + stars: | 2024-06-11 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

A three-month evaluation process sees potential caddies as young as six months old scouted on their friendliness and physical aptitude. David ZaitzProtecting the rich diversity of flora and fauna across the 140,000-acre ranch is at “the heart of everything” at Silvies, Campbell says. “We figured when we built it that we had the lowest carbon footprint of any modern course,” Campbell added. Not all courses situated within flourishing natural settings are so fortunate – one Arizona club’s run-in with a squadron of pig-like creatures last year cost it upwards of $200,000 in damages. The habitats of such animals are preserved by the Oregon Natural Desert Association, a nonprofit supported by tips from golfers to Silvies’ very-own goat caddies.

Persons: it’s, Dr, Scott Campbell, ” Campbell, “, –, Seamus Golf –, Chunky, Mulligan, Harry, Charlie, Jack –, Bruce LeGoat, Bruce, Mike LeChevon, ”, Egan, “ It’s, Campbell, David Zaitz, Dan Hixson, Silvies Organizations: CNN, Venture, Desert Association Locations: Eastern Oregon, Oregon, Silvies, St . Andrews, Scotland, Arizona

☆ As a single mom, I was on a budget. When my son was teased for his shoes, I found a way to get the name-brand pair he wanted.
▼ + stars: | 2024-06-11 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +5 min

My son had never complained about the shoes I bought for him until he started Kindergarten when he started asking me specifically for Nikes. As a teacher, I noticed students getting made fun of for their shoesI started teaching junior high the same year my son started kindergarten. Ashley Archambault asked for recommendations so she could afford the shoes her son wanted. Not only did I find a way to afford the shoes my son wanted, but I also saw that buying them for him was more than worth it. When Ashley Archambault's son told her he was being teased for his shoes, she found a way to buy him the shoes he wanted.

Persons: Jack, Ashley Archambault, hysterically, Kohl's, Jack knockoffs, Ashley Archambault's, I'm Organizations: Service

CNN —Former President Donald Trump has once again asked a judge to throw out the classified documents case, arguing this time that investigators destroyed exculpatory evidence by rifling through boxes for classified documents gathered in the FBI’s 2022 search of Mar-a-Lago. Special counsel Jack Smith’s team has already acknowledged in court that some of the documents may be out of order. But, according to Trump, those boxes have been tampered with because investigators failed to maintain the order of their contents. The judge has yet to decide several additional motions to dismiss the case from Trump and his two co-defendants. However, the judge gave them a small victory by removing from an indictment prosecutors’ account of Trump allegedly showing a classified map to a political adviser, as the map was not one of the documents Trump is charged with mishandling.

Persons: Donald Trump, Trump’s codefendants, Aileen Cannon, Jack Smith’s, ”, Trump’s, “, Cannon, Trump, — Organizations: CNN, Justice Department, FBI, Government, Trump, Congress

☆ Fed meeting and inflation report both hit Wednesday, and the impact could be huge
▼ + stars: | 2024-06-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Jerome Powell, Chairman of the U.S. Federal Reserve, speaks during the conference celebrating the Centennial of the Division of Research and Statistics, Board of Governors of the Federal Reserve System in Washington D.C., United States on November 08, 2023. None of those numbers are dramatically different from the April readings, and still show inflation running well above the Fed's 2% target. Central bankers prefer the Commerce Department's measure of personal consumption expenditures prices, a broader measure that also accounts for changes in consumer behavior. The Bureau of Labor Statistics is scheduled to release the CPI report at 8:30 a.m. The Fed meeting

Persons: Jerome Powell, Celal Gunes, Jonathan Pingle, Pingle, tinker, Jack Janasiewicz, —, Janasiewicz Organizations: U.S . Federal Reserve, of Research, Statistics, Governors, Federal, System, Washington D.C, Getty, Anadolu, Federal Reserve, UBS, CPI, Investment, Labor Statistics Locations: Washington, United States, Anadolu

☆ Jurors detail to CNN how they reached guilty verdict in Hunter Biden gun trial
▼ + stars: | 2024-06-11 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +7 min

10 told CNN. Another juror told CNN that she believed Biden “needs rehab more than imprisonment or a fine.”Juror No. The case “seemed like a waste of taxpayer dollars,” one female juror told CNN, though juror No. 10 told CNN. Each juror CNN spoke with acknowledged the weight of having her in the courtroom.

Persons: Hunter Biden, Hunter’s, Naomi, Joe Biden, Hunter, “, Biden, ”, doesn’t, Hallie Biden, Beau Biden, Abbe Lowell, Jill, ” Biden, who’s, Jill Biden, Biden’s, ” Naomi Biden, Naomi Biden, Hallie, CNN’s Jack Forrest Organizations: CNN, “ Locations: Los Angeles

☆ Pro-Trump media figures dismiss Hunter Biden conviction as ‘fake trial’ to ‘cover up’ other supposed crimes
▼ + stars: | 2024-06-11 | by ( Hadas Gold | ) edition.cnn.com time to read: +4 min

CNN —In the wake of Hunter Biden’s conviction on federal gun charges Tuesday, right-wing media personalities sought to downplay the jury’s decision, falsely claiming the case was a “fake trial” designed to “cover up” other supposed crimes committed by the president and his family. “Hunter Biden guilty. For others in the right-wing sphere, it’s simple; Trump’s case was a political hit job while Hunter Biden’s case was a clear case of someone breaking the law. “Hunter Biden is convicted of an actual crime. “The Hunter Biden gun conviction is kinda dumb tbh,” Florida GOP Rep. Matt Gaetz wrote on X.

Persons: Hunter Biden’s, “ Hunter Biden, Charlie Kirk, Biden, Joe Biden, Hunter, Jack Posobiec, Donald Trump’s, Trump, Joe Biden’s, Donald Trump Jr, “, ”, ” Monica Crowley, Donald Trump, Jeanine Pirro, Pirro, Hunter Biden, Bob Good, Mark Levin, Matt Gaetz Organizations: CNN, Trump, Real America’s Voice, Biden, Trump Jr, Fox News, Virginia, Caucus, Florida GOP Locations: Ukraine, China, Russia, New York, America, Delaware, Manhattan, Florida

☆ ‘Practical Magic 2’ is in the works
▼ + stars: | 2024-06-11 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

CNN —Get those midnight margaritas ready, a sequel to the 1990s hit movie “Practical Magic” is officially in the works. Practical Magic 2 is in development and coming soon,” wrote Warner Bros. Pictures in a post on Instagram on Monday. Warner Bros. is part of Warner Bros. CNN has contacted Warner Bros. Pictures for further details, including whether Bullock and Kidman will be reprising their roles as the witch sisters. Meanwhile, in May Bullock said she would be keen to work on a third “Speed” movie alongside co-star Keanu Reeves.

Persons: It’s, Owens, Sandra Bullock, Nicole Kidman, “, ”, Warner, Bullock, Kidman, Griffin Dunne, Alice Hoffman, Robin Swicord, Akiva Goldsman, Sally Owens, Gillian Owens, –, Dianne Wiest, Stockard Channing –, May Bullock, Keanu Reeves, Jack Traven, Annie Porter, Reese Witherspoon Organizations: CNN, Warner Bros, Warner Bros . Pictures, Getty

☆ Billie Eilish opens up about the shock of being ghosted, and losing and making friends
▼ + stars: | 2024-06-10 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Pop megastar Billie Eilish has revealed how she was ghosted by an old friend, and opened up about the loneliness of fame. Speaking on the BBC podcast “Miss Me?” with hosts Lily Allen and Miquita Oliver, Eilish said she experienced a “crazy ghosting” last year. While best friend Zoe was still around, Eilish said her only other friends were people who were part of her team. “And all 15 years or more older than me.”When one of those employees suddenly quit, Eilish said it drove home that they were not really friends. “Exactly a year ago, I reconnected with a bunch of old friends and now, I have so many friends,” she said.

Persons: Billie Eilish, Lily Allen, Miquita Oliver, Eilish, Mark Horton, I’d, ”, “, Zoe, ’ ”, It’s, ” Eilish, it’s, I’ve, ’ Organizations: CNN, BBC, Getty Locations: Montreal, Canada, Coachella, “

☆ Israel thrust between far-right support and Gaza cease-fire, as Netanyahu rival quits war cabinet
▼ + stars: | 2024-06-10 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +6 min

Amir Levy | Getty Images News | Getty ImagesIsrael's war cabinet minister Benny Gantz resigned from the emergency government, dealing a decisive blow which is expected to entrench Prime Minister Benjamin Netanyahu deeper into a far-right support base that opposes a cease-fire in Gaza. A former chief of staff of the Israeli Defense Forces, centrist Gantz co-founded and led the National Unity party that joined Netanyahu's emergency government after the outbreak of the Gaza war. Israeli prime minister Benjamin Netanyahu and Cabinet minister Benny Gantz during a press conference in the Kirya military base in Tel Aviv , Israel , 28 October 2023. And the prime minister himself. Around 1,200 people were killed in Israel, Israeli official figures say, since the start of the Gaza conflict.

Persons: Benny Gantz, Amir Levy, Benjamin Netanyahu, Gantz, Netanyahu, Regrettably, Yoav, Gallant, entreat Gantz, Yair Lapid, Gadi Eisenkot, Lapid, Eran Etzion, Etzion, Jack Guez, Nimrod Goren, Goren, Itamar Ben Organizations: Getty, entrench, Israeli Defense Forces, National Unity, Gaza, Palestinian, Hamas, Reuters, Defense, Criminal, Gaza's Ministry of Health, Israel's National Security Council, CNBC, Ultra, Sheba Tel, HaShomer Medical Centre, Afp, Middle East Institute, U.S, Jewish Power Party Locations: Gaza, Tel Aviv, Israel, Rafah, Sheba, Ramat Gan, of Israel

☆ Officials in Arizona release Rudy Giuliani’s mug shot after he pleaded not guilty in election subversion case
▼ + stars: | 2024-06-10 | by ( Kyung Lah | Jack Hannah | ) edition.cnn.com time to read: +2 min

CNN —Rudy Giuliani was processed in Phoenix on Monday, weeks after pleading not guilty in Arizona to charges of allegedly conspiring to overturn the 2020 presidential election results. Giuliani was served on May 17 in Palm Beach, Florida, at his 80th birthday bash held by a GOP operative. Arizona prosecutors spent weeks trying to track down the former New York City mayor and eventually found him based on his podcasts. A grand jury in Arizona handed up indictments last month charging over a dozen Trump allies, including the fake electors and several individuals connected to his campaign, over their efforts to overturn his 2020 election loss. Goodman added that Giuliani “will be fully vindicated.”The Arizona indictment is just the latest legal woe for Giuliani stemming from his time as Trump’s attorney after the 2020 presidential election.

Persons: CNN — Rudy Giuliani, Donald Trump’s, Giuliani, President Trump, ”, Ted Goodman, Goodman, Veronica Stracqualursi, Zachary Cohen Organizations: CNN, GOP, New, New York City, Trump, Washington, Giuliani, Dominion Locations: Phoenix, Arizona, Maricopa County, Palm Beach , Florida, New York, Georgia

☆ Nicholas Galitzine and Leo Woodall hilariously realize they auditioned for each other’s acclaimed roles
▼ + stars: | 2024-06-09 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Nicholas Galitzine and Leo Woodall have more in common than they thought. I auditioned for ‘White Lotus!’” Galitzine said, laughing. Woodall played Jack in Season 2 of “The White Lotus” in 2022, a bad boy who charms Haley Lu Richardson’s character Portia until his nefarious intentions are later revealed in the show’s shocking finale. “It comes out of nowhere,” Galitzine said of the scene, going on to joke that he “obviously” knew about the scene since he’d auditioned for Woodall’s role. But, Galitzine said while playfully poking at Woodall, “you got the part instead of me.”

Persons: CNN — Nicholas Galitzine, Leo Woodall, “, Mary, George, ” Galitzine, Woodall “ it’s, ” Woodall interjected, Galitzine, George Villiers, “ Mary, King James I, Julianne Moore, ‘, ” Woodall, Woodall, Jack, Haley Lu Richardson’s, Portia, Tom Hollander, he’d, ” Organizations: CNN, YouTube, Starz Locations: “

☆ Israeli military rescues four hostages alive from Gaza, including Noa Argamani
▼ + stars: | 2024-06-08 | by ( Freddie Clayton | ) www.cnbc.com time to read: +4 min

Noa Argamani, who was kidnapped in the deadly Oct. 7 attack by Hamas and is one of four hostages who has been rescued by Israeli forces alive, is pictured in this undated handout photo. Jack Guez | Afp | Getty ImagesA video circulating on social media showed Argamani as she reunited with her father. She also spoke with Israeli Prime Minister Benjamin Netanyahu in a phone conversation following her rescue. Israeli opposition leader Yair Lapid called the rescue "A great light in a terrible darkness" and welcomed the hostages back. Andrey Kozlov recently moved to Israel from Russia, and had also been working as a security guard at the festival.

Persons: Noa Argamani, Jack Guez, Benjamin Netanyahu, Yan Gorjaltsan, Argamani's, Be'er Sheva, Netanyahu, Joe Biden, Yair Lapid, Andrey Kozlov, Almog Meir, Ilia Yefimovich, Argamani, Avinatan, Almog Meir Jan, Shlomi Ziv, Andrei Kozlov, Gideon Markowicz Organizations: Reuters, HaShomer Medical Centre, Hamas, Afp, Getty, Israeli, Be'er, NBC News, Sheba Tel, Nova, Stallion Locations: Sheba Tel, Gaza, Ramat Gan, Israel, Tel Aviv, Sheba, Jerusalem, of Israel, Russia

☆ No more bus tours for China's rich millennials — they're seeing the world on their own
▼ + stars: | 2024-06-08 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +5 min

Read previewRich millennials in China are experiencing world travel in a very different way from their parents. These tours offered a safer and more accessible way to explore new destinations, Elisa Harca, CEO of consultancy firm Red Ant Asia, previously told Business Insider. New technology has made solo travel much less dauntingSocial media platforms like Xiaohongshu are the go-to place for local travel tips. BORIS HORVAT/Getty"They're a lot more used to being tourists,'' Jack Porteous of China-focused consultancy firm Tong Global told Business Insider. The rise of social media platforms for travel has also spurred the accessibility of solo travel.

Persons: —, Elisa Harca, Ant Asia, — millennials, Z, BORIS HORVAT, Jack Porteous, Tong, China's, Sally Maier, Yip, Porteous, Mark Kolbe, Getty, Maier, they've Organizations: Service, Business, Tong Global, Consulting Locations: China, China ., Europe, glamping, Inner Mongolia

☆ Isolated and inexperienced: A portrait of Judge Aileen Cannon from veterans of her courtroom
▼ + stars: | 2024-06-07 | by ( Tierney Sneed | Hannah Rabinowitz | ) edition.cnn.com time to read: +14 min

CNN —Judge Aileen Cannon had been on the federal bench for little more than a year when a senior judge offered to preside over one of her first criminal trials in her isolated south Florida courthouse. In her seven years as a Justice Department attorney, Cannon participated on the trial teams of just four criminal cases. Still, Cannon has asked questions in the Trump case that appear out of left field. Her orientation toward such legal rabbit holes is not distinct to the Trump case, veterans of her courtroom say. Ultimately, nearly every attorney CNN spoke to said that Cannon, despite the criticism, is unwavering in her beliefs about how each case in her courtroom should proceed.

Persons: Aileen Cannon, ”, Paul C, Huck, Cannon, “, ” Huck, I’d, Donald Trump, she’s, Trump, Cannon –, who’s, Lothar Speer, Jack, Cannon chalked, Cannon's, “ She’s, Lee Adams, Sr, Lynne Sladky, Smith, Jack Smith, Cannon testily, –, they’ve, ” CNN’s Sara Murray Organizations: CNN, Southern, Southern District of, Trump White House, Justice Department, West Palm Beach, CNN Defense, Trump, Courthouse, FBI, Fort, Records, National Archives, Biden, Obama Locations: Florida, Fort Pierce, Southern District, Southern District of Florida, America, West Palm, Florida’s, Cannon, Fort Pierce , Florida

☆ Former U.S. military aviators on leadership and ambition
▼ + stars: | 2024-06-07 | 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 EmailFormer U.S. military aviators on leadership and ambition"Leaders aren't born; leaders are made." Former U.S. military pilots Jack "Razor" Gillett, Jim "Zeke" Lloyd, Elester "Hollywood" Latham, and Bill "Offender" Moir share their personal stories and what ambition means to them.

Persons: Jack, Razor, Gillett, Jim, Zeke, Lloyd, Elester, Latham, Moir Organizations: Former, Former U.S

☆ Sports Illustrated ex-publisher wants $200 million from Authentic Brands Group, saying it stole website and employees
▼ + stars: | 2024-06-07 | by ( Jack Newsham | Laura Italiano | ) www.businessinsider.com time to read: +4 min

In late 2023, the Arena Group lost the rights to publish SI, its best-known brand, after the 5-Hour Energy creator Manoj Bhargava took over Arena and missed a licensing payment to Authentic Brands Group. ABG awarded the publishing license to Minute Media and sued Bhargava for $49 million, accusing him of acting like a "gangster" in their negotiations. Bhargava's lawsuit adds to the morass of legal actions that have formed around the Arena Group. In early April, ABG sued Arena and Bhargava over the missed licensing payment and a $45 million termination fee. Ross Levinsohn, the Arena CEO who was fired in 2023 when Bhargava took over, has also sued Arena, claiming he was retaliated against.

Persons: —, Manoj Bhargava, ABG, Bhargava, Privately, Steve Janisse, Janisse, we're, Ross Levinsohn, Levinsohn, Media didn't Organizations: Service, Sports, Arena Group, Energy, Arena, Authentic Brands, Media, Business, Group, Capital Partners, BlackRock, Capital, ABG, CVC didn't, Forbes, Arena's, Front Office Locations: ABG

☆ T20 World Cup: USA beat Pakistan in historic triumph after thrilling Super Over win
▼ + stars: | 2024-06-07 | by ( ) www.cnbc.com time to read: +2 min

Saurabh Netravalkar of USA celebrates after USA defeat Pakistan in a super over during the ICC Men's T20 Cricket World Cup West Indies & USA 2024 match between USA and Pakistan at Grand Prairie Cricket Stadium on June 6, 2024 in Dallas. The USA caused a huge, historic shock in the T20 World Cup with a thrilling Super Over win over Pakistan in Texas. The game went to the extra over after both sides made 159 in their 20 overs at Grand Prairie Stadium, with tournament co-hosts and debutants USA scoring 14 in the final over to tie Pakistan's total. Having already beaten Canada in their opener last Sunday by seven wickets, Group A leaders USA now have a great chance of making the Super 8s round. Winning the toss, we made sure that we utilized the conditions and credit to the bowlers.

Persons: Saurabh, Aaron Jones, Iftikhar Ahmed, Nitish Kumar, Saurabh Netravalkar, Sky Sports Coco Gauff, Lewis Hamilton, Jack Grealish, Harry Maguire, James Maddison, Monank Patel Organizations: USA, Pakistan, ICC, West Indies, Grand Prairie Cricket, Prairie, Sky Sports, French, I'm Locations: USA, Pakistan, Dallas, The, Texas, Canada, England

☆ Jack Dorsey gave $10 million to an anonymous founder with a deep devotion to a fascist 'guru'
▼ + stars: | 2024-06-06 | by ( Katherine Long | ) www.businessinsider.com time to read: +6 min

"It's a truly open protocol. Advertisement"We don't know who the leader is, it's like this anonymous Brazilian," Dorsey said. It's not clear how much of the $10 million Dorsey gave to support the development of Nostr will make its way to Parra. Parra, as Fiatjaf, sits on a committee established by the organization to organize Nostr development efforts, Bitcoin Magazine reported. After an X user suggested to Dorsey that he help fund Nostr, Dorsey replied within 24 hours, "funding deployed to @fiatjaf."

Persons: —, Jack Dorsey, Dorsey, Nostr, Edward Snowden, Giovanni Torres Parra, Olavo de Carvalho, de Carvalho —, Parra, Olavo, Jair Bolsonaro's, Fiatjaf, It's, . Parra, Forbes Organizations: Service, Business, Pepsi, Forbes, Sats Initiative, Bitcoin Magazine, Austrian Locations: Brazilian, Virginia, Brazil, Dorsey

☆ We're on track for a soft economic landing, but it still feels like the economy stinks
▼ + stars: | 2024-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the US economy is on track (again) for a soft economic landing . The big storyAnother economic turnaroundGetty Images; Chelsea Jia Feng/BIIt took longer than expected, but the US economy is finally on track for a soft landing. After a scary few months of economic data that had investors fearing a recession and stagflation, the tides have turned again. AdvertisementRecent data showing inflation and the labor market cooling have given hope that a soft landing is in the cards — and may even be underway — for the US economy, writes Business Insider's Madison Hoff. AdvertisementThe US economy is about to make a soft landing — a situation in which inflation cools without causing a recession or sudden spike in unemployment.

Persons: —, Chelsea Jia Feng, Insider's Madison Hoff, Arantza Pena Popo, bummed, it's, aren't, Johannes Eisele, Monica Schipper, Nordin Catic, Tyler Le Tim Cook, Cook, Jack Dorsey, Dorsey, Abanti Chowdhury, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, shoplifters, Business, Fed, Johannes, Getty, OpenAI, Apple, BI, Street Journal, Comcast, New York Stock Exchange Locations: AFP, New York, London

☆ Why Israel-Hezbollah tensions risk boiling over now
▼ + stars: | 2024-06-06 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

In Lebanon, Hezbollah is officially considered a “resistance” group tasked with confronting Israel, which Beirut classifies as an enemy state. Since then, the two sides have traded fire sporadically, but tensions boiled over in 2006 when Israel went to war in southern Lebanon after Hezbollah kidnapped two Israeli soldiers. More than 1,000 Lebanese were killed in that conflict, mostly civilians, as well as 49 Israeli civilians and 121 soldiers. The military capability of the Lebanese group has grown since 2006, when it relied largely on inaccurate Soviet-era Katyusha rockets. Hezbollah has fired 35 kilometers into Israel, while Israel has targeted areas of Lebanon more than 120 kilometers north.

Persons: CNN —, Israel, Rina Castelnuovo, Hassan Nasrallah, Heiko Wimmen, ”, Ramot Naftali, Peter Lerner, ” Amal Saad, ” Saad, Benjamin Netanyahu’s, Ronni, Netanyahu, Bezalel Smotrich, Benjamin Netanyahu, Amir Cohen, ” Naim Qassem, Hezbollah’s, Al, ” Qassem, Jack Guez, Itamar Ben Gvir, Yair Lapid, ” Lapid, Matthew Miller, Biden, “, ” Shaked, Iran – Organizations: CNN, Hezbollah, Lebanese, Crisis, Wednesday, Israel Defense Forces, Cardiff University, Truman Institute, Hebrew University of Jerusalem, Yad Vashem, Holocaust, Reuters, Crisis Group, Getty, Lebanese Ministry of Public Health, National, State Department Locations: CNN — Israel, Lebanese Iran, Israel, Lebanon, Beirut, Palestinian, Gaza, Iraq, Syria, Brussels, Israeli, Cross, Jerusalem, Kiryat Shmona, Lebanese, Al Jazeera, AFP, United States, Iran

☆ Oil prices gain for second day as hopes for September interest rate cut rise
▼ + stars: | 2024-06-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Crude oil futures rose for a second day Thursday as weak jobs data has boosted investor that the Federal Reserve will cut interest rates this year. Separately, the European Central Bank trimmed its interest rates for the first time since 2019. Lower interest rates bring the hope of more robust economic growth and stronger oil demand. Moreover, rising oil inventories are expected to shift to draws in the third quarter with the OPEC+ cuts remaining in place at least until October, according to JPMorgan. "We think oil markets have overreacted to the mildly negative OPEC+ meeting outcome," Barclays analyst Amarpreet Singh told clients in a Thursday note.

Persons: payrolls, Tamas Varga, PVM, Amarpreet Singh Organizations: Federal Reserve, European Central Bank, JPMorgan, Barclays Locations: West, Iraan , Texas, U.S, OPEC, Saudi Arabia, Russia

☆ Jack Smith moved to gag Trump from claiming the FBI plotted his assassination. The motion could strategically reveal Judge Aileen Cannon's alleged bias.
▼ + stars: | 2024-06-05 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSpecial counsel Jack Smith and lawyers for Donald Trump are fighting over a proposed gag order that would prevent the former president from claiming the FBI plotted to assassinate him during their August 2022 raid on Mar-A-Lago. This story is available exclusively to Business Insider subscribers. "Judge Cannon has issued — or not issued — some very bizarre orders, but given that Judge Cannon has seemingly sided with Trump at every possible turn, I wouldn't be surprised if she did not issue this order." Representatives for Smith's office and lawyers for Trump did not respond to requests for comment from Business Insider.

Persons: —, Jack Smith, Donald Trump, Smith, Aileen Cannon, Cannon, Trump, George Conway, Kellyanne Conway, Ty Cobb, Tracy Pearson, Kevin McMunigal, McMunigal, Neama, Rahmani, Judge Cannon, Pearson, that's Organizations: Service, Trump, Business, Circuit, Washington Post, Trump White House, CNN, New York Times Locations: Mar

☆ OpenAI is facing controversy. Again.
▼ + stars: | 2024-06-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the latest controversy to embroil OpenAI amid a difficult few months for the startup . Their takeaway was simple: OpenAI wants to have it both ways regarding how it's perceived about safety and commercialization. It's structured as a "capped-profit" company governed by a nonprofit, and Altman doesn't hold equity directly in OpenAI. The result, the VC told me, is people feel OpenAI is talking out of both sides of its mouth. It doesn't help that some OpenAI employees joined when that split was closer to 80/20 and favored safety over business, they added.

Persons: —, we've, OpenAI Justin Sullivan, Chelsea Jia Feng, Anthropic signees, Scarlett Johansson, Elon, Madeline Berg, Sam Altman, Altman, Justin Sullivan, OpenAI, It's, Patrick McMullan, Jenny Chang, Rodriguez, Izzy Englander's, Griffin's, Marko Kolanovic, ANDREW CABALLERO, REYNOLDS, youngs, Mark Zuckerberg, Elon Musk, Keith Enright, Alyssa Powell, They've, Shopify, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, Business, Google, Millennium Management, Getty Images, Facebook, CNBC, BI, SpaceX Locations: OpenAI, Patrick, It's, Tesla, New York, London

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