Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Rein"


25 mentions found


Read previewRussia equipped its deadly attack drones with cellphone parts to help improve their targeting capabilities, a war expert noted in a new report. Advertisement"Second," he said, "the Russians were sending telemetry data from the UAVs back through the mobile phone network to help plan follow up strikes." "This is only possible, however, if the mobile phone network has effective relationships with security organisations," he said. Cellphones and related technology have played a role on both sides of the war, with Russia and Ukraine using enemy signals to aid in their targeting and strikes. "Used properly, mobile phone networks can help militaries to hide in the noise, distribute critical data, and deconflict with civilian authorities."
Persons: , Jack Watling, Watling, SIMs Organizations: Service, Royal United Services Institute, Business, Kyiv, Strategic Communications, AP, US Army Locations: Russia, Iranian, Ukraine, Moscow, Kupiansk, Ukrainian
In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTWorkers stock shelves at an Amazon Fresh grocery store in Seattle, Washington, US, on Thursday, May 2, 2024. As part of the Fresh store redesign, Amazon created a more colorful layout and added Krispy Kreme donut and coffee stalls. "We like the early results a lot," Jassy said on the company's first-quarter earnings call in April, referring to the revamped Fresh stores. Amazon declined to comment on the status of the Fresh stores that remain unopened. "You walk into the Amazon Fresh store in Roseville and it feels like you're in a stainless steel wine cellar," Thill said.
Persons: David Ryder, Joe Knowles, Bensalem, it's, Andy Jassy's, Jassy, CNBC it's, It's, Ted Weill, AlbaneseCormier, Weill, they've, Brent Thill, Thill Organizations: Amazon, Bloomberg, Getty, CNBC, Foods, Walmart, Jefferies, Anadolu, Mart, Shoppers, Aldi, Rancho Mirage Locations: Seattle , Washington, US, Philadelphia, Bensalem , Pennsylvania, California , Illinois, Maryland , New Jersey, Virginia, Illinois, California, Amazon's, U.S, Woodland, Los Angeles, San Mateo , California, United States, Pennsylvania , New Jersey , New York , Florida, Washington, Florida, Mirage , California, Palm Springs, Italian, Sacramento, Roseville, Amazon
CNN —Authorities in the Spanish city of Malaga have posted billboards that aim to educate tourists on appropriate behavior during their visit, including one that reminds them to wear clothes. Now, city hall has launched a campaign that aims to cut down on some of the more visible examples of bad behavior. “Both on the street and in public places always wear an upper garment for respect and hygiene.”Another billboard from the campaign. The city is one of many in Spain and its islands that is pushing back against the impact of tourism. In May, there were further crackdowns on party boats and public drinking on the islands of Ibiza and Mallorca.
Persons: Costa, , Amarachi Orie Organizations: CNN, Authorities, del Sol, Malaga Tourism, Costa del Sol, Locations: Spanish, Malaga, del, Andalusia, Spain, United Kingdom, Barcelona, Ibiza, Mallorca, Canary
WASHINGTON — Despite mounting opposition from his own party, Speaker Mike Johnson, R-La., vowed Tuesday to stay the course and put his government funding package on the House floor on Wednesday. His initial strategy to avert a government shutdown at the end of the month is expected to fail and deal House Republicans an embarrassing blow. Due to their paper-thin majority, Republicans can afford only a handful of GOP defections on the vote, and many more than that have publicly voiced their opposition. “I am in this to win this,” Johnson told reporters at his weekly news conference. Afterward, the speaker added: “We are going to put the SAVE Act and the CR together, and we’re going to move that through the process.
Persons: Mike Johnson, Donald Trump, Johnson, , ” Johnson, , Jim Banks, Cory Mills, Matt Rosendale, Montana —, Mills, Dan Meuser, ” Meuser, “ Shutdowns, Sen, Thom Tillis, Bill Cassidy, “ I’m, ” Cassidy Organizations: SAVE, Democratic, White, GOP, Republicans Locations: WASHINGTON, Jim Banks of Indiana, Florida, Montana, Mexico
"Everyone seems to believe that inflation will return to its boring old normal," said Chief European economist Tomasz Wieladek. Changes in central bank policy, expectations, labor markets, and globalization mean that inflation will likely stay volatile going forward." Depending on circumstances, this could set the scene for another large inflation target miss." For instance, JPMorgan chief Jamie Dimon has repeated warnings of a pricey future, as global militarization and the green transition stoke inflation. "While AI will likely have a disinflationary effect in the medium term, the associated energy consumption could contribute to higher short-term inflation."
Persons: , Rowe Price, Tomasz Wieladek, Wieladek, Jamie Dimon, Donald Trump Organizations: Service, Financial Times, Business, JPMorgan Locations: Europe
An expansion rate surpassing America'sKFC, run by Shanghai-headquartered Yum China, has historically enjoyed the lion's share of the country's fast-food cravings. Hopes for a new middle class in ChinaCities in China are unofficially grouped into tiers according to their status, size, and wealth. Chinese KFC has nearly doubled its menu itemsExpanding during a sluggish economy might make sense for fast food brands, which are often classified as recession-proof as consumers downgrade their spending. Advertisement"Now, they are doubling down further on this strategy by expanding into the inland regions of China, especially Tier Three and Tier Four cities with a growing middle class," they told BI. Yum China has also been expanding aggressively in the country's burgeoning coffee scene, establishing a popular spin-off called KCoffee.
Persons: , It's, McDonald's, Shaun Rein, Rein, Allison Malmsten, Malmsten, Cui Nan, Wang Gang, Jonathan Bernstein, Bernstein, Kung Fu, Daxue, it's, They've Organizations: Service, Thursday, Business, McDonald's, Tier, China Market Research Group, KFC, LONG, Future Publishing, Getty Images, China, US, Yum China, Daxue Consulting, Publishing, China News Service, Getty, Analysts, Yonder Consulting Locations: China, Kentucky, Weibo, Hangzhou, China's, Shanghai, China Cities, Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Nanyang, Suqian, Jiangsu, London, Asia, Shanghai thronged
The Nobel-prize-winning economist called on the central bank to cut interest rates by 50 basis points at its approaching policy meeting. AdvertisementFriday's weaker-than-expected reading did not completely ease concerns, putting pressure on the Fed to ease policy quickly. But Stiglitz, speaking ahead of the data's release, told CNBC that he would pursue deeper rate cuts regardless of Friday's report. Builder confidence also tanked to a December bottom, though experts anticipate that falling interest rates should eventually boost sentiment. AdvertisementMeanwhile, homebuyers appear sidelined as they wait for interest rate cuts to ease mortgage rates.
Persons: , Joseph Stiglitz, Stiglitz, homebuyers Organizations: Service, CNBC, Business
Vice President Kamala Harris’s sudden ascent to the top of the Democratic ticket has generated a host of questions about her economic agenda, including how much she will stick to the details of President Biden’s positions, tweak them, or chart entirely new ones. When she begins to roll out her policy vision this week, Ms. Harris is likely to answer only some of those questions. During an economy-focused speech on Friday in Raleigh, N.C., Ms. Harris will outline a sort of reboot of the administration’s economic agenda, according to four people familiar with Ms. Harris’s plans. She will lay out an approach relatively light on details, they said. It will shift emphasis from Mr. Biden’s focus on job creation and made-in-America manufacturing, and toward efforts to rein in the cost of living.
Persons: Kamala Harris’s, Biden’s, Harris, Harris’s, Biden Organizations: Democratic Locations: Raleigh, N.C, America
Wall Street is on edge heading into the July consumer price report after sharp stock swings this month reignited fears over the fate of the economy. Economists are predicting that inflation remained broadly unchanged in July — a reading that should allow the Federal Reserve to start easing the brakes on the economy next month by cutting interest rates. But a sharper-than-expected slowdown in the Consumer Price Index could intensify worries that the economy is moving quickly toward a more pronounced downturn, while a surprise acceleration is likely to rein in rate cut expectations that investors are already counting on to support the market. That leaves investors in search of an inflation “sweet spot,” Chris Larkin, head of trading and investing at E-Trade, said in a statement: “cool enough that no one will be second-guessing the likelihood of a September rate cut, but warm enough to push aside the recession concerns that have rattled the markets recently.”
Persons: ” Chris Larkin, Organizations: Federal Reserve
How Elon Musk has turned X into a pro-Trump machine
  + stars: | 2024-08-13 | by ( Clare Duffy | ) edition.cnn.com   time to read: +9 min
But now Musk, who is not only the owner but also the most followed user on X, has shifted to more direct campaigning for former President Donald Trump. Musk announced his official endorsement for Trump in a post last month that received 2.3 million likes. Weeks after it was posted, the video is not labeled with a “community note,” X’s community fact-checking feature that Musk used as justification for slashing the company’s trust and safety team. In a letter, the secretaries urged Musk to “immediately implement changes” on the X platform. But on Monday night, Musk offered to take a role in the potential future Trump’s administration helping to rein in government spending.
Persons: Elon Musk, Donald Trump, Musk, He’s, Hunter, Trump, YOU, Trump’s, , Elon, ” Trump, Kamala Harris, doesn’t, ” Wendy Weiser, Brennan, Harris, , ” Weiser, Kamala, , White supremacists, X, Musk’s, chatbot, Harris ’, ” Lara Cohen, informercial, he’s, ” Musk, “ I’d Organizations: New, New York CNN, Elon, Twitter, Biden, White, Trump, CNN, Fake News, Fake News Media, Center, , Brennan Center for Justice, NYU Law School, Democratic, Street Locations: New York, United Kingdom
How Close Are the Planet’s Climate Tipping Points? How close today’s ice is to suffering the same fate is something scientists are still trying to figure out. Sudden Shift in the West African Monsoon0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warmingAround 15,000 years ago, the Sahara started turning green. When it might happen: Hard to predict. “With every gram of additional CO2 in the atmosphere, we are increasing the likelihood of tipping events,” he said.
Persons: , Tapio Schneider, “ It’s, David Holland, Niklas Boers, Organizations: California Institute of Technology, West Antarctic, New York University, Animals, Amazon, Technical University of Munich, Potsdam Institute, Climate Impact Locations: Western Canada, Alaska, Siberia, Greenland, Antarctica, Sahara, North Africa, East Africa, Africa, Caribbean, Europe
For nearly a decade, governments and civil rights groups have increasingly argued that online platforms have created enormous societal costs. Many social media companies have invested heavily in content moderation over the years. In the European Union, officials are looking to hold social media companies accountable for spreading misinformation under the new Digital Services Act. In the UK, the Online Safety Act could take effect as soon as this year, requiring, among other things, social media platforms to remove illegal content. “We’re going to have to look more broadly at social media after this disorder,” UK Prime Minister Keir Starmer said in a video distributed to media Friday.
Persons: “ We’re, Keir Starmer, Jordan, Olesya Dmitracova, Kara Fox Organizations: CNN, stoke, Capitol, European Union, Digital Services, Facebook, United Locations: United Kingdom, unaddressed, Leeds, England, United States
While only applicable in California, labor law experts expect momentum to spread to other states where the issue hasn't yet been tested. 22 went into effect, more than 80% of California drivers surveyed said that it has been good for them. In other high-population states, there has been a wave of recent actions and compromises between the companies and the states. In November, New York announced two settlements totaling $328 million with Uber and Lyft to resolve multi-year investigations. The state had been seeking a court determination that Uber and Lyft drivers are employees, not independent contractors.
Persons: Caroline Donelan, Uber, Brazil —, Gary McLaughlin, Mitchell Silberberg, Lyft, there's, James Yukevich, Yukevich Cavanaugh, it's, Tony West, Kamala Harris, general's, Michael M, Baylson, Donelan, Massachusetts Uber, Verrett, John Wicker, Stradling Yocca Carlson, There's, Gregory P, Feit, Reavis Organizations: California Supreme, Blank, Employees, New York, Pew Research, Washington Post, Democratic Party, Transportation Network Companies, federal, Labor, Union, United, 32BJ SEIU, Service Employees International Union, International Association of Machinists, SEIU, Rauth Locations: California's, U.S, California, New, New York State, Massachusetts, Australia, Brazil, Washington, New York , Massachusetts, Pennsylvania, Minnesota, Florida, Minneapolis, In Massachusetts
The US government won a major Big Tech antitrust battle this week, against Google. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . So people who want Big Tech companies to change their ways are trying to do it via the courts.
Persons: , It's Organizations: US, Big Tech, Google, Washington, Service
U.S. et al. v. Google: Read the Ruling
  + stars: | 2024-08-05 | by ( ) www.nytimes.com   time to read: 1 min
U.S. et al. v. Google: Read the RulingThe ruling, which found that Google acted illegally to maintain a monopoly in online search, is the most significant victory to date for American regulators who are trying to rein in the power of tech giants in the internet era.
Organizations: Google
Prime Minister Sheikh Hasina’s life, as well as her politics, had been defined by an early trauma at once personal in its pain and national in its imprint. In 1975, her father, Sheikh Mujibur Rahman, Bangladesh’s charismatic founding leader, and most of their family were massacred in a military coup. Ms. Hasina, who was abroad at the time, was forced into exile in India. Her eventual return and elevation to prime minister embodied Bangladesh’s hopes of a better, more democratic future. She grew more authoritarian, crushing dissent and exuding an entitlement that treated Bangladesh as her rightful inheritance.
Persons: Sheikh Hasina’s, Sheikh Mujibur Rahman, Ms, Hasina, Bangladesh’s Organizations: eventual Locations: India, Bangladesh
Google acted illegally to maintain a monopoly in online search, a federal judge ruled on Monday, a decision that strikes at the power of big tech companies and that may fundamentally alter the way they do business. Judge Amit P. Mehta of U.S. District Court for the District of Columbia said Google had abused a monopoly over the search business. “Google is a monopolist, and it has acted as one to maintain its monopoly,” Judge Mehta said in his ruling. The ruling is the most significant victory to date for American regulators who are trying to rein in the power of tech giants in the internet era. It is likely to influence other government antitrust lawsuits against Google, Apple, Amazon and Meta, the owner of Facebook, Instagram and WhatsApp.
Persons: Judge Amit P, Mehta, Judge Mehta Organizations: Google, U.S, District of Columbia, Justice Department, Apple, Samsung, Facebook
The U.S. government’s landmark antitrust trial against Google’s search business concluded on Monday with a federal judge’s ruling that the company acted illegally to maintain a monopoly. But the parade of major federal cases challenging the power of the tech giants is just getting going. Under the Trump administration, the Justice Department and the Federal Trade Commission started investigating Amazon, Apple, Google and Meta, the parent company of Instagram and WhatsApp, for monopolistic behavior. and 17 states sued Amazon, accusing it of protecting a monopoly by squeezing sellers on its vast marketplace and favoring its own services. A judge in U.S. District Court for the Western District of Washington set the trial for October 2026.
Persons: Trump, Here’s what’s Organizations: U.S, Justice Department, Federal Trade Commission, Apple, Google, Big Tech, Amazon, Western, of Washington Locations: U.S
It’s been a year since interest rates reached a two-decade high, but they may soon begin to reverse course. The Federal Reserve is expected to hold its benchmark interest rate steady on Wednesday, while signaling that a cut is possible when policy-setting officials meet again in September. If interest rates are elevated for too long, they risk weakening the employment picture. The central bank uses interest rates to influence the broader economy. Home-equity lines of credit and adjustable-rate mortgages — which each carry variable interest rates — generally rise within two billing cycles after a change in the Fed’s rates.
Persons: It’s, ” Jonathan Smoke, that’s, Freddie Mac, , Sam Khater, , “ Banks, Ken Tumin Organizations: Federal, “ Manufacturers, Cox Automotive, Treasury, Savings Vehicles Locations: Edmunds
Interest rates influence our financial lives in numerous ways: Savers are now benefiting from higher-yielding bank accounts, while people carrying heavy revolving debt loads continue to be squeezed. It’s been a year since interest rates reached a two-decade high, but they may soon begin to reverse course. Now, Fed officials want to be sure prices remain under control while considering its second objective, which is to keep a strong job market. If interest rates are elevated for too long, they risk weakening the employment picture. The central bank uses interest rates to influence the broader economy.
Persons: It’s Organizations: Federal
Read previewOn Monday night, a group calling itself "White Dudes for Harris" hosted an online fundraiser aimed at … white dudes who support Kamala Harris. Organizers said thousands joined the call, and that the event raised more than $4 million for the Harris presidential campaign. But good luck understanding why Musk makes any decisions at Twitter about content moderation or anything else. AdvertisementAnd in cases like White Dudes for Harris, when it's unclear if he's done anything at all, people will be that much more inclined to believe he has done something. That includes Nellis, who says he'll continue to use the platform to promote White Dudes For Harris.
Persons: , Harris, Kamala Harris, Mike Nellis, Nellis, @elonmusk, we've, we're, , Elon Musk, Donald Trump, I've, Twitter, haven't, Musk, Bari Weiss, Matt Taibbi, Trump's, he'll, We're Organizations: Service, Twitter, Business, Nellis, Meta, Trump PAC, Trump
Standard Chartered (StanChart) on Tuesday announced its largest-ever share buyback worth $1.5 billion and lifted its earnings outlook for this year, betting on strong economic growth in its core Asian markets and plans to rein in costs. StanChart's statutory pre-tax profit for the first half climbed 5% to $3.49 billion, just ahead of a consensus estimate compiled by the bank. Asia-focused global banks including StanChart and rival HSBC have benefited in recent years from higher interest rates and relatively stronger economic growth and wealth generation in the region. But in China, slowing economic growth and the country's property sector crisis have been a concern for Western banks. StanChart has made provisions totaling $1.2 billion for potential bad loans in China's commercial real estate sector so far this year.
Persons: Bill Winters, StanChart, Sadia Ricke Organizations: Chartered, Tuesday, HSBC Locations: Hong Kong, London, Asia, Africa, China
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewCiting "recent ethics scandals" involving Supreme Court justices, President Joe Biden has announced a proposal to drastically reform the workings of the court, including by establishing term limits for sitting Justices. I have overseen more Supreme Court nominations as senator, vice president and president than anyone living today. This "means there are virtually no limits on what a president can do," Biden said. AdvertisementThe Supreme Court published a code of ethics last year following intense criticism, but it is currently non-binding.
Persons: , Joe Biden, Biden, Roe, Wade, Donald Trump, SCOTUS, Clarence Thomas, Ginni Thomas, Samuel Alito, Alito, Thomas, Barack Obama's, Trump Organizations: Service, Business, Washington Post, Committee, House, Trump, PBS Locations: Washington
On Friday, the Russian central bank warned — yet again — of an overheating economy when it hiked rates from 16% to 18% in an attempt to rein in price gains. This suggests that overheating in the economy has remained considerable," said Elvira Nabiullina, Russia's central bank governor, on Friday during her rate hike announcement. Russians are traveling and spending on culture and hotelsThe rate hike from Russia's central bank comes amid a spending boom in the country where many appear to be spending very freely, even amid the war and Western sanctions, as the Financial Times reported on Friday. Russia's central bank may hike rates again if necessaryNabiullina said on Friday that Russia's GDP will grow 3.5% to 4% this year from a year ago. The central bank next meets on September 13.
Persons: , Elvira Nabiullina, they're, Sergei Ishkov, Sawicki, Nabiullina, it's Organizations: Service, Business, Financial Times, Labour Locations: Russia, Russian, Russia's, Ukraine, Moscow, stoke
Read previewJoe Biden's pitch to reform the Supreme Court is off to a rough start. House Speaker Mike Johnson has already sworn to fight the Biden administration's proposal to rein in the Supreme Court, calling it "dead on arrival." The GOP has largely supported the Supreme Court's conservative majority, and has rebuked Democrats' attempts to limit its power. Term limits and a new code of conductBiden's plan for the Supreme Court includes term limits that would mean a new justice was chosen every two years. With powerful Republicans like Johnson already pushing back, getting all three of Biden's proposals implemented in the Supreme Court looks like a losing battle.
Persons: , Joe, Mike Johnson, Biden, Joe Biden's, Donald Trump, Clarence Thomas, Samuel Alito, Thomas, Trump, Johnson, Biden's, Harris, Republican trifectas, Democratic trifectas, Kamala Harris Organizations: Service, House, Business, Trump, GOP, Supreme, Biden, Harris Administration, Republican, Democratic, The Washington Post Locations: New York
Total: 25