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☆ The US military isn't ready for the coming drone war
▼ + stars: | 2024-05-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +18 min

The Department of Defense is working on initiatives to face the drone threat, but the US military doesn't yet appear ready to confront this ever-evolving challenge, especially on the scale seen in Ukraine. AdvertisementA US military MQ-9 Reaper drone waits for take-off at Kandahar Air Base in Afghanistan on March 9, 2018. US military leaders have repeatedly stressed there's no silver bullet to defeat small drones in battle. Shellie HallStudents there spend several weeks learning how to identify, engage, and defeat small drones. The drone threat draws certain parallels to fighting in Iraq and Afghanistan, where hidden bombs posed a tremendous threat.

Persons: GENYA SAVILOV, Mick Ryan, hasn't, you've, Franz J, Marty, Samuel Bendett, Paul Scharre, that's, Mike Parent, Mark Schauer, Parent, Paul Butcher, Cpl, Doug Bush, Amber Osei, Moseph Sauda, doesn't, Sauda, America's, Bram Janssen, Scharre, Justin Bronk, Jack Watling, Ryan Organizations: Business, Troops, of Defense, Department of Defense, Getty, Australian Army, Islamic State, Kandahar Air Base, Defense Ministry, Karabakh . Defense Ministry, Azerbaijan, AP, Pentagon, US Army, Aircraft Systems, Solutions, 71st Jaeger Brigade, US Army Yuma, Technology, Army, sUAS University, US Marine Corps, Force, Central Command, Shellie, National Training Center, US Army Air Defense Artillery, Center, New, New American Security, Base, London's Royal United Services Institute Locations: Russian, Ukrainian, Ukraine, prowling, Jordan, Chasiv Yar, Donetsk, AFP, Afghanistan, Armenia, Azerbaijan, Russia, Nagorno, Karabakh, Avdiivka, Yuma, East, Oklahoma's Fort Sill, California, Fort Sill, China, Luhansk Region, Europe, Iran, New American, Iraq, Washington, Bagram, Kabul, Australian

☆ How Mother Figures Impact Our Lives
▼ + stars: | 2024-05-09 | by ( Catherine Pearson | ) www.nytimes.com time to read: +13 min

For Mother’s Day, The Times asked readers to tell us about the mother figures in their lives. KELLY SANDOVAL, 48, SQUAMISH, B.C., CANADAI come from a multicultural background, but the Puerto Rican side of the family lived far away. When I showed up, Linda, my host mother, picked me up from the bus stop and made me tea and crumpets. If I had a nightmare and woke my mother up, she would tell me to climb into bed with Rita. During that year I also moved into my first apartment, away from the guidance of my mother.

Persons: Sara Walcott, “, ”, Walcott, Ruth, she’d, JUDITH SHAPIRO, Halbeck, ZEVA OELBAUM, Jacqueline, ” Jacqueline, It’s, JESSICA CHAHINE, Patty, darlin, KELLY SANDOVAL, Alina, “ Fallon, FALLON ALVAREZ, Linda, We’re, BELLA MUNTZ KIRCHNER, AUSTIN , TEXAS Tenzin, CHANTAL TORTOROLI ROBERTS, Mom, idealists, ANNETTE EUFEMIO, Miss Jordan, MARJORIE GEORGE, Yoshibe, I’m, MARY HAYES, Viola, Lois, Aunt Flossy, Frankye, DOUG MOURER, MANSON, Colleen, WENDY, Greenberg, Bach, MANUEL FIGALLO, Rita, HARRIET LISS, MARY EILEEN CONNERY McDONNELL, Wilma, Ella Fitzgerald, Judy Garland, MADLYN DICKENS, Dunn, —, Parkinson’s, I’ve, ” GENEVIEVE GEER, ANYA SANCHEZ, mami ”, Kitty ” —, KITTY CHACHRA Organizations: The Times, SOUTH, CANADA, Radio City Music Hall, Miss, Gloucester Cathedral, THE, The Locations: Macon , Ga, McLEAN , VA, Kansas City, Mo, New York, MONTCLAIR, N.J, France, Paris, SQUAMISH, Puerto Rican, PORTLAND, Cambridge, England, AUSTIN , TEXAS, LARCHMONT, MANILA, PHILIPPINES, BROOKLYN, N.Y, Japan, INDIANAPOLIS, Walla Walla, Wash, Northern Idaho, Swedish, Seattle, I’m, BELLINGHAM, ARLINGTON , VA, STAMFORD, CONN, GEORGETOWN, THE BRONX, MARATHON, Cava, Spain, BOULDER, COLO, India, Toronto, longhand, Delhi, WATERLOO , ONTARIO

☆ Just How Dangerous Is Europe’s Rising Far Right?
▼ + stars: | 2024-05-05 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

Jordan Bardella, 28, is the new face of the far right in France. Mr. Bardella, the son of Italian immigrants and a college dropout who joined the National Front party (now National Rally) at 16, is the protégé of Marine Le Pen, the perennial hard-right French presidential candidate. Moderate in tone if not content, he is also the personification of the normalization — or banalization — of a party once seen as a quasi-fascist threat to the Republic. Across Europe, the far right is becoming the right, absent any compelling message from traditional conservative parties. Not only have the parties of an anti-immigrant right surged, they have seen the barriers that once kept them out crumble as they are absorbed into the arc of Western democracies.

Persons: Jordan Bardella, Victor Hugo, “ Jordan, Jordan, —, Bardella Organizations: National Front Locations: France, Paris, Montbéliard, Republic, Europe

☆ Jordan walks a tightrope after downing Iranian drones and missiles
▼ + stars: | 2024-04-17 | by ( Jomana Karadsheh | ) edition.cnn.com time to read: +7 min

Jordan became the second Arab country to sign a peace deal with Israel in 1994. The kingdom was portrayed as shielding Israel at a time when Palestinians were being bombed by Israel in Gaza. One meme shared by users apparently outside Jordan showed a manipulated image of Jordan’s King Abdullah in an Israeli military uniform. “We are in the range of fire and any missiles or projectile that could fall in Jordan would cause harm to Jordan. Our priority is to protect Jordan and to protect Jordanian citizens.”And Jordan’s leadership seems intent on sending that message to its people.

Persons: Saddam Hussein, Jordan, Israel, King Abdullah, Bisher, “, Ayman Safadi, CNN’s Becky Anderson, ”, Safadi, “ Jordan, Joe Biden, Benjamin Netanyaahu, Iran ”, Abdullah, Queen Rania Organizations: CNN, Israel, West Bank, Scud, United, Sunday, ”, Jordan, Zionist, Jordanian Royal Court Locations: Amman, Israel, Damascus, Iraq, Iran, Syria, Jordanian, United States, Jordan, Gaza, Tehran, Fars, Iranian, Mafraq

☆ Nike shares slide on lackluster outlook, slowing China sales
▼ + stars: | 2024-03-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

The Nike logo is displayed at a Nike Well Collective store on February 16, 2024 in Glendale, California. In North America, where demand has been unsteady, sales rose about 3% to $5.07 billion, compared with estimates of $4.75 billion, according to StreetAccount. In China, sales reached $2.08 billion, just below the $2.09 billion analysts had expected. In China, sales grew 5% to $2.08 billion, just below the $2.09 billion analysts had expected. Sales in Asia Pacific and Latin America rose 3% to $1.65 billion, below the $1.69 billion analysts had expected, according to StreetAccount.

Persons: Matthew Friend, Friend, Nike, Jordan, Brooks, Devin Booker, Jane Hali, Jessica Ramirez, She's, it's, They've, Ramirez Organizations: Nike, LSEG, Asia, StreetAccount, Associates, CNBC Locations: Glendale , California, China, North America, Europe, East, Africa, Asia Pacific, Latin America

☆ Top Wall Street analysts prefer these three stocks for the long haul
▼ + stars: | 2024-03-17 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

With that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Earlier this month, Guggenheim analyst Robert Drbul reiterated a buy rating on Nike stock with a price target of $130, adding it as a "best idea." Drbul also expects the Nike brand to be highly visible at the upcoming 2024 Summer Olympics. Drbul holds the 565th position among more than 8,700 analysts tracked by TipRanks. (See Nike Stock Buybacks on TipRanks)BJ's Wholesale Club

Persons: Rafael Henrique, Gregg Moskowitz, SIEM, Moskowitz, CrowdStrike, TipRanks, Robert Drbul, Drbul, Jordan Organizations: CrowdStrike Holdings, Inc, Getty, Flow, Falcon Cloud Security, Nike, Pegasus, BJ's Wholesale Locations: 2H24, North America

☆ Takeaways from Robert Hur’s testimony on Biden’s mishandling of classified documents
▼ + stars: | 2024-03-12 | by ( Jeremy Herb | Marshall Cohen | ) edition.cnn.com time to read: +8 min

which found evidence Biden willfully retained classified materials but that the evidence did not rise to the level of proof beyond a reasonable doubt. And he took on criticism directly over his inclusion of the state of Biden’s memory. On the Republican side, lawmakers pressed Hur on why he didn’t charge Biden despite the evidence of classified documents in Biden’s possession. “In short, to borrow a phrase from the last administration, the Hur report represents the complete and total exoneration of President Biden,” Nadler said. Hur found some evidence that Biden willfully retained classified materials after he left the Obama White House.

Persons: Robert Hur, Joe Biden’s, Hur, Biden, Donald Trump, Jim Jordan’s, Jerry Nadler, Jordan, misremembering, Trump, Viktor Orbán, ” Nadler, Jacquelyn Martin, AP Hur, ” Hur, “, Robert Mueller, Mueller, Eric Swalwell of, ” Swalwell, isn’t, ”, Hank Johnson, Adam Schiff, ” Schiff, didn’t, I’m, ’ ”, Tom McClintock, Joe Biden, Biden “, Obama, “ Joe Biden, he’s, Mr, ” Jordan, Nadler, Biden’s, CNN’s Devan Cole, Hannah Rabinowitz, Holmes Lybrand, Evan Perez Organizations: Committee, Republicans, Biden, Trump, Rep, Department of Justice, Capitol, Democratic, Georgia Democrat, ”, California Democrat, Senate, Republican, California Republican, Democrat, Ohio Republican, Obama Locations: Egypt, Mexico, Hungary, Turkey, Washington ,, Russia, Eric Swalwell of California, Georgia, California, House, Ohio

☆ Foot Locker shares drop more than 10% after heavy promotions lead to holiday-quarter losses
▼ + stars: | 2024-03-06 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California. Foot Locker lost $389 million, or $4.13 per share, compared with income of $19 million, or 20 cents per share, a year earlier. Comparable sales at Foot Locker and Kids Foot Locker in North America increased 5.2%It's been a little over a year since Dillon took the helm of Foot Locker. During its fiscal third quarter, Foot Locker eked out surprise beats on the top and bottom lines. During the fourth quarter, Foot Locker opened 29 new stores, remodeled or relocated 66 locations, and closed 113 stores.

Persons: Locker, Foot, Mike Baughn, Foot Locker, Mary Dillon, Dillon, Ulta, Locker eked, Jordan Brand Organizations: LSEG, Sports, Foot, NBA, Nike, Dick's Sporting Goods, CNBC PRO Locations: San Francisco , California, markdowns, North America, India, Indianapolis

☆ Drew Barrymore’s daughter argued for wearing a crop top by bringing up her mom’s Playboy cover
▼ + stars: | 2024-02-28 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

During a recent episode of her daytime talk show, Barrymore and singer Christina Aguilera talked about communication with their young children. Aguilera said that while she’s very open with her children, she tries to find age-appropriate strategies to talk with them about sensitive topics. “My daughter wants to wear a crop top,” she said. She posed for the cover of Playboy in 1995, when she was about 29. Aguilera shares son Max, 16, with ex-husband Jordan Bartman and daughter Summer, 9, with fiancé Matthew Rutle and said her daughter, too, craves a crop top.

Persons: Drew Barrymore’s, Barrymore, Christina Aguilera, Aguilera, “, ”, she’ll, ‘, ’ ” Barrymore, Olive, Frankie, Will Kopelman, Max, Jordan Bartman, Summer, fiancé Matthew Rutle, they’re, ” Aguilera Organizations: CNN, Playboy

☆ First on CNN: Top US humanitarian official to travel to Middle East this week
▼ + stars: | 2024-02-25 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +4 min

CNN —The US government’s top humanitarian aid official will travel to Israel, the West Bank, and Jordan this week in an effort to address the humanitarian crisis in Gaza that is veering into catastrophe. Power will “underscore the importance of protecting civilians and aid workers in accordance with international humanitarian law,” the spokesperson said. Power is the latest Biden administration to travel to the region to emphasize the US’ strong concerns over the deepening humanitarian crisis in the war-torn strip. Although the Biden administration has become increasingly critical of the toll of the Israeli offensive, it remains at odds with the international humanitarian community and nations like Jordan by vetoing calls for an immediate ceasefire. Ongoing outrage over the administration’s continued support for the Israeli military offensive threatens to be a political problem for Biden in an election year.

Persons: Samantha Power, “, Biden, –, Joe Biden, vetoing, ”, ” Christopher Lockyear Organizations: CNN, West Bank, US Agency for International Development, USAID, Palestinian Authority, Hamas, Biden, UNRWA, Congress, United Nations, Doctors, UN Locations: Israel, Jordan, Gaza, ”, Rafah, Michigan, States

☆ Why young men are 'starvemaxxing' to look like their chiseled, masculine idols
▼ + stars: | 2024-02-17 | by ( Rachel Hosie | Lindsay Dodgson | ) www.businessinsider.com time to read: +14 min

But the 32-year-old, who has 2.1 million Instagram followers, had no idea he’d come to be idolized by a subset of teenage boys and young men known as looksmaxxers . Advertisement“Hardmaxxing,” meanwhile, includes “more extreme ways of going about the way you look,” Shami said, such as getting fillers, botox, and plastic surgery, which he denies having. Young men are becoming more body-consciousIt’s unclear why looksmaxxing has suddenly become popular. The rise of looksmaxxing and starvemaxxing could reflect how such concerns are on the rise among young men, too. All the while, lost young men are left to work out what’s real and what’s trolling.

Persons: chiseled jawline, Francisco Lachowski, Jordan Barrett, Brad Pitt, ” Lachowski, TikTok influencers, Looksmaxxing, Kareem Shami, looksmaxxing, —, “, ”, ” Shami, TikTok, Shami, Starvemaxxing, Starvemaxxing isn't, ” Kareem Shami, Clare Thornton, Wood, Elizabeth Daniels, Johan Drumev, Drumev, ” Johan Drumev, Johan Drumev Lachowski, it’s, Young, Daniels, gaunt, ” Thornton, Lachowski Organizations: Business, BI, TikTok, British Nutrition Foundation, Pediatric, University of the, University College London Locations: looksmaxxing, Brazil, Brazilian, San Diego, England, Dubai

Nike is cutting 2% of its current workforce, or more than 1,500 jobs, as part of a broader restructuring, the company said late Thursday. Cuts in Nike's EMEA region will be on a different timeline based on local labor laws, the company said. In December, Nike unveiled a broad restructuring plan to cut costs by about $2 billion over the next three years. Shortly before the restructuring was announced, The Oregonian reported that Nike had been quietly laying off employees over the past several weeks and had signaled that it was planning for a broader restructuring. It's not clear how many jobs in total Nike has cut since December.

Persons: Jordan, John Donahoe, It's, Oppenheimer, Donahoe Organizations: Nike, CNBC, The Oregonian Locations: Beaverton , Oregon, EMEA

☆ He Grew Up in the Shadow of the ‘Wolf of Wall Street.’ Then He Got Into Debt Settlement.
▼ + stars: | 2024-02-10 | by ( Stacy Cowley | Emma Goldberg | ) www.nytimes.com time to read: +1 min

In the early 1980s, 19-year-old Jordan Belfort — who would go on to become known as the Wolf of Wall Street, a title he bestowed on himself in a tell-all memoir — had a fortuitous encounter on Jones Beach, on Long Island, with another teenager selling ice cream named Stephen Drescher. The two became friends. Prosecutors would later note their shared hustling spirit, a drive for entrepreneurialism that curdled into a drive for grift. Within a few years, Mr. Belfort started building a pump-and-dump stock-scam empire. Mr. Drescher went down not long after, convicted of securities fraud and sent to federal prison for nearly four years.

Persons: Jordan Belfort —, —, Stephen Drescher, Belfort, Drescher, Martin, Mr Organizations: Prosecutors Locations: Jones, Long, Martin Scorsese’s

☆ U.S. Strikes Hit Most of Targets in Iraq and Syria, Pentagon Says
▼ + stars: | 2024-02-05 | by ( Eric Schmitt | ) www.nytimes.com time to read: +1 min

American warplanes destroyed or severely damaged most of the Iranian and militia targets they struck in Syria and Iraq on Friday, according to the Pentagon, the first major salvos in what President Biden and his aides have said will be a sustained campaign. Maj. Gen. Patrick S. Ryder, the Pentagon press secretary, said on Monday that “more than 80” of some 85 targets in Syria and Iraq were destroyed or rendered inoperable. The targets, he said, included command hubs; intelligence centers; depots for rockets, missiles and attack drones; as well as logistics and ammunition bunkers. “This is the start of our response, and there will be additional actions taken,” General Ryder told reporters without elaborating. “We do not seek conflict in the Middle East or anywhere else, but attacks on American forces will not be tolerated.”

Persons: Biden, Patrick S, Ryder, General Ryder, ” Organizations: Pentagon Locations: Syria, Iraq, Jordan, Iran

Roughly 40,000 American troops are stationed across the Middle East, mostly in countries with close ties to the United States. There were more than 160,000 American troops in Iraq alone in 2007, during the war that followed the U.S. invasion. Image Al Asad Air Base in western Iraq in 2019. Credit... Nasser Nasser/Associated PressWhy are so many troops there? A military coalition led by the United States, including forces in Syria and Iraq, defeated it. President Biden has retaliated with attacks on Iran-aligned militants, hitting groups in Iraq, Syria and Yemen.

Persons: Jan, Al, Nasser Nasser, Biden, Israel —, Al Tanf, ” Gen, Hossein Organizations: U.S, Al Asad, Al Asad Air Base, Hezbollah, Army, Air Force, Washington, Operations, Navy’s, U.S . Central Command, Associated, Islamic, U.S ., Pentagon, ”, Iran’s Revolutionary Guards Corps Locations: Jordan, Iraq, United States, State, U.S, Al Asad Air, Iraq’s, Syria, Lebanon, Iran, Azraq, Kuwait, Bahrain, Qatar, Gaza, Afghanistan, Ukraine, Russia, China, American, Islamic State, Mosul, Raqqa, Israel, Yemen

Attacks The map shows five of the seven sites that the U.S. hit with military strikes in Syria and Iraq. The strikes hit more than 85 targets at different locations using more than 125 precision-guided munitions, according to a statement by U.S. Central Command. Two American officials said the United States also conducted cyberoperations against Iranian targets on Friday but declined to provide details. It is clear from statements from the White House, and from Tehran, that neither the United States nor Iran wants a wider war. Striking sites in the Mideast with aircraft launched from the United States and refueled midair is a muscular show of global reach and capability, the official said.

Persons: Biden, Biden’s, Mr, “, ”, John F, Kirby, Douglas, Sims, Yahya Rasool, That’s, Iran’s, Jordan, Roger Wicker of, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Moffett, Sanders, Sergeant Rivers Organizations: Iranian, Islamic Revolutionary Guards Corps Quds Force, U.S . Central Command, Islamic Revolutionary Guards Corps, ”, Jordan . Middle, Revolutionary Guards, National Security Council, White House, Central Command, White, Pentagon, Dyess Air Force Base, U.S, military’s Joint Staff, Air Force, Iraq’s Armed Forces, Iran’s Revolutionary Guards Corps, Revolutionary Guards Corps, Administration, Capitol, Biden, Republican, Armed Services Committee, Dover Air Force Base, Army Reserve Locations: United States, Syria, Iraq, East, Jordan, Iran, U.S, Jordan ., Tehran, Texas, Yemen, Israel, Gen, Roger Wicker of Mississippi, Delaware

☆ US forces hammered dozens of IRGC and Iran-backed militia targets with 125 bombs in retaliation for the drone attack that killed American troops
▼ + stars: | 2024-02-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The military action comes days after a drone attack killed US troops in Jordan. AdvertisementThe US military on Friday began strikes against Iran-backed militias in Iraq and Syria, a US defense official told Business Insider. AdvertisementThe White House immediately blamed Iran-backed militias for the deadly incident and vowed revenge. The recent drone attack could have been an attempt to undermine the US hold in eastern Syria and to open arms smuggling routes through Jordan to the West Bank. AdvertisementSome US lawmakers have called for the Biden administration to take aggressive military action in retaliation for the Jan. 28 drone attack, including conducting strikes inside Iran itself.

Persons: —, CENTCOM, Joe Biden, Defense Lloyd Austin, Washington, John Kirby, they're, Biden Organizations: Service, Business, US Central Command, Iran's Islamic Revolutionary Guards Corps, Quds Force, US, Coalition, Pentagon, Defense, National Security, Institute for, West Bank Locations: Iran, Jordan, Iraq, Syria, United States, Tehran, East, Gaza, Lebanon, Yemen, Hamas

WASHINGTON (AP) — The U.S. has bolstered defenses at a base in Jordan that was attacked by Iran-backed militants as it prepares for a wider U.S. response to a drone attack that killed three service members, a U.S. official said Friday. Even as a larger U.S. military response seemed imminent, some Iran-backed factions pledged to continue to attack U.S. forces in the region. A second U.S. official confirmed the military had taken self-defense strikes inside Yemen against Houthi military targets deemed an imminent threat. The U.S. options under consideration include targets in Syria, Yemen and Iraq, where the Iranian-made drone that killed the service members was fired from, the official said. The U.S. has blamed the Jordan attack on the Islamic Resistance in Iraq, a coalition of Iranian-backed militias.

Persons: Harakat, Jordan, Joe Biden, Lloyd Austin, CQ Brown, Defense SecretaryAustin, ” Austin, Austin, ”, Aamer Mahdani, Abdulrahman Zeyad, Ahmed al, Haj Organizations: WASHINGTON, U.S, Joint Chiefs, Dover Air Force Base, Defense, Hezbollah, Washington , D.C Locations: Jordan, Iran, U.S, The U.S, Yemen, Red, Yemeni, Hajjah, Sanaa, Iraq, Syria, Israel, Delaware, Iranian, Iraqi, backchannels, Washington ,, Baghdad

☆ Iran-backed militia in Iraq vows to continue attacks on US forces as White House mulls military action
▼ + stars: | 2024-02-02 | by ( Mostafa Salem In Abu Dhabi | Aqeel Najim | ) edition.cnn.com time to read: +3 min

Al-Kaabi said that attacks against the US won’t stop until American troops withdraw from Iraq, and Israeli military operations cease in Gaza, according to a statement on Friday. The US believes an umbrella group of Iran-backed militants called Islamic Resistance in Iraq was behind the strike on the Jordan base and is now preparing to respond. On Friday, Iranian President Ebrahim Raisi said his country will not initiateany war but will “respond strongly” to bullies. The US has meanwhile carried out a series of strikes in Iraq, Syria and Yemen. Yemen’s Houthis have also continued to attack US interests despite multiple airstrikes by US and UK forces.

Persons: Biden, Akram Al, Kaabi, ”, Ebrahim Raisi, “, Yemen’s Houthis Organizations: CNN, US, Al, American Locations: An Iran, Iraq, States, Jordan, Gaza, Iran, Israel, Syria, Yemen, Islamic Republic of Iran, Iranian Hormozgan

☆ Austin Says Iran Trains and Funds Militias Targeting U.S. Troops
▼ + stars: | 2024-02-01 | by ( Helene Cooper | More About Helene Cooper | ) www.nytimes.com time to read: +1 min

Defense Secretary Lloyd J. Austin III stopped short on Thursday of blaming Iran for attacks that killed three U.S. service members on Sunday in Jordan but said that Tehran trained and funded the militia groups that have targeted American troops and commercial shipping in the Middle East. Mr. Austin, in a rare show of bravado, continued the Biden administration’s promises of retribution. William Jerome Rivers, 46, of Carrollton, Ga.; Specialist Kennedy Ladon Sanders, 24, of Waycross, Ga.; and Specialist Breonna Alexsondria Moffett, 23, of Savannah, Ga. The Pentagon says that 40 American troops were injured. Biden administration officials say that the drone strike crossed a red line and that there is no way the president will not respond.

Persons: Lloyd J, Austin III, Austin, Biden, “, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett Organizations: ”, Pentagon Locations: Iran, Jordan, Tehran, United States, Carrollton , Ga, Waycross, Savannah, Ga

☆ Opinion | A Biden Doctrine for the Middle East Is Forming. And It’s Big.
▼ + stars: | 2024-01-31 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +1 min

There are two things I believe about the widening crisis in the Middle East. We are about to see a new Biden administration strategy unfold to address this multifront war involving Gaza, Iran, Israel and the region — what I hope will be a “Biden Doctrine” that meets the seriousness and complexity of this dangerous moment. And if we don’t see such a big, bold doctrine, the crisis in the region is going to metastasize in ways that will strengthen Iran, isolate Israel and leave America’s ability to influence events there for the better in tatters. A Biden Doctrine — as I’m terming the convergence of strategic thinking and planning that my reporting has picked up — would have three tracks. On one track would be a strong and resolute stand on Iran, including a robust military retaliation against Iran’s proxies and agents in the region in response to the killing of three U.S. soldiers at a base in Jordan by a drone apparently launched by a pro-Iranian militia in Iraq.

Persons: Biden, ”, tatters ., — Organizations: Biden Locations: Gaza, Iran, Israel, tatters, Jordan, Iraq

President Joe Biden said Tuesday that he has made a decision on how to respond to the drone attack that killed three U.S. soldiers and injured dozens of others at a base in northeast Jordan. In initial remarks about the attack, Biden asked for a moment of silence at a South Carolina church event for the "three brave souls" who died. "We shall respond," Biden said. Kirby said Monday that Biden was working through his options for retaliation and stressed that the administration doesn't "want a wider war with Iran." We don't want a wider war in the region, but we've got to do what we have to do," he added.

Persons: Joe Biden, Biden, IRNA, John Kirby, Kirby, Antony Blinken, Blinken, Jens Stoltenberg, we've Organizations: White, Hamas, NBC, U.S . Central Command, United Nations, Reuters, National Security, Air Force One, NATO, Lawmakers Locations: Washington ,, Jordan, Iran, U.S, Israel, Iraq, Syria, Al, Dover , Delaware, South Carolina, Tehran, Yemen, Red

☆ Oil edges up as geopolitical concerns support prices
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose in early trade on Tuesday as escalating geopolitical tensions in the Middle East continued to fuel supply concerns. "If U.S.-Iran tensions escalate, particularly through a direct confrontation, the risk rises that Iran's oil supply is adversely impacted. Iran exported 1.2-1.6 million barrels per day of crude oil through most of 2023, Dhar added, representing 1-1.5% of global oil supply. The key concern is Iran threatening a blockade of the Strait of Hormuz, which sees the transit of 15-20% of global oil supply," he added. Meanwhile, U.S. crude oil and distillates inventories were expected to have fallen last week while gasoline stocks were seen rising, a Reuters poll showed.

Persons: Brent, Vivek Dhar, Dhar Organizations: . West Texas, Commonwealth Bank of Australia, U.S, ANZ, Traders, Federal, Market, American Petroleum Institute, Energy Information Administration, U.S . Department of Energy Locations: Hong Kong, China, Washington, Jordan, Iran, Israel, Gaza, Hormuz, Red, U.S

☆ Pentagon says it is not seeking war with Iran after Jordan attack
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: +3 min

"We certainly don't seek a war and frankly we don't see Iran wanting to seek a war with the United States," Pentagon spokesperson Sabrina Singh told reporters. She added that the Pentagon believed Iran did not want a war either. Two officials said a U.S. drone was approaching the base around the same time the attack drone was incoming. One of the officials said the attack drone was also flying low, factors that may have contributed to it being missed by base defenses. "Iran continues to destabilize the region, this includes backing terrorists who attack our ships in the Red Sea," Stoltenberg said.

Persons: Jens Stoltenberg, Antony Blinken, Lloyd Austin, Joe Biden's, Austin, Biden, Sabrina Singh, John Kirby, Breonna Alexsondria, Stoltenberg Organizations: NATO, U.S, State Department, U.S . Defense, Monday, Sunday, Pentagon, House, Army Reserve, Austin Locations: Washington , U.S, U.S, Jordan, Iran, Israel, United States, Breonna Alexsondria Moffett, Iraq, Syria, Yemen, Red

☆ The IPO market should pick up in 2024. Here are the hottest companies set to make their debut
▼ + stars: | 2024-01-20 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

After a tepid year in the IPO market, investors are hopeful 2024 will bring about a return to form. But the IPO market cratered in 2022 after the Federal Reserve's aggressive rate hiking campaign collapsed investor demand for growth stocks. But happier days could be ahead for the IPO market in 2024. According to Linqto's 2024 IPO Sentiment Survey released Thursday, only a little more than half, 52%, of 2,500 traders polled are anticipating a significant recovery in the IPO market this year, suggesting "cautious optimism" ahead. "There's a lot more optimism for the IPO market," said Akshata Bailkeri, head of research at EquityZen, a platform for pre-IPO activity.

Persons: Akshata Bailkeri, Bailkeri, Wilson, EquityZen's Bailkeri, Shein, Shein confidentially, Reddit, that's, Andrew Low Ah Kee, Low Ah Kee, Ah Kee, Skims Skims, Kim Kardashian, Andy Muir, Muir, Jordan Brand, Amer, Roxanna Islam, Troy Gayeski, Gayeski, EquityZen's Organizations: Robinhood, Ford, Amer Sports, CNBC, U.S, Reuters, National Football League, Commerce, Nike, Wilson, FS Investments, U.S . Census, World Bank Locations: Snowflake, IPOs, Silicon, China, Opendoor, U.S

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