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☆ Wall Street's 'fear gauge' shows how the stock market has calmed down, at least for now
▼ + stars: | 2024-08-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

.VIX 5D mountain The VIX is well off its highs from Monday as the stock market tries to claw back its losses. The VIX, often called Wall Street's "fear gauge," reflects expected volatility over the next 30 days based on the price of S & P 500 options. "Excluding the current shock, there have been 39 VIX spikes to above 35 in our empirical analysis since 1999. Market shock of this magnitude happens on average more than once per year, but is unlikely to sustain. The lingering question now is whether the concerns that pushed the market into a cascade of selling are alleviated," Krosby said.

Persons: —, Howard Du, yesterday's selloff, Quincy Krosby, Krosby Organizations: Bank of America, LPL

☆ Correction in the dollar-yen was overdue and may be 'healthy' for markets, former ECB chief says
▼ + stars: | 2024-08-06 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

A carry trade involves an investor borrowing a currency with low interest rates and reinvesting it in higher-yielding assets elsewhere — taking advantage of that differential to make a financial gain. Investors piled into yen carry trades in recent years, attracted by Japan's low volatility and ultra-loose monetary policy. Global stock markets meanwhile plunged as "safe haven" assets such as the Swiss franc and U.S. Treasurys were bolstered. "You can't unwind the biggest carry trade the world has ever seen without breaking a few heads," Kit Juckes, chief foreign exchange strategist at Societe Generale, said in a Monday note. Trichet told CNBC Tuesday: "The correction can be seen as a healthy correction, in some respects.

Persons: it's, Jean, Claude Trichet, CNBC's, Treasurys, Kit Juckes, Trichet Organizations: European Central Bank, ., Bank of Japan, U.S, Global, Swiss, Societe Generale, CNBC, Federal Locations: France's, U.S, Europe, United States

☆ UK riots: Rotherham residents despair after riot at hotel housing asylum seekers
▼ + stars: | 2024-08-06 | by ( Christian Edwards | ) edition.cnn.com time to read: +12 min

Ninzr said he had lived in the Rotherham hotel since he arrived, but was at another processing center when the riot broke out. Several passers-by referenced unfounded rumors that hotel residents have abused local women. CNN asked South Yorkshire police if they have received complaints about the behavior of the hotel residents, but have not yet received a response. With more demonstrations planned for this week, do the residents near the Rotherham hotel fear more violence? “After seeing our community come out today, no,” said the man who lived through the London riots.

Persons: “, ”, –, Keir Starmer, Starmer, ’, Conservative government’s, Ninzr, Danny Lawson, I’ve, Rachel Reeves, They’ve, they’ve, They’d, they’re, she’d, “ I’ve, Elliott Nuttall, ‘, you’re, CNN Ibrar, Javid, Henry Nicholls Organizations: Rotherham, England CNN, CNN, Reuters, AFP, Conservative, South, South Yorkshire police, Facebook, Stringer, National, Mosque, Downing, Southport, Police, Labour, PA Media Locations: England, Rotherham, British, London, Southport, Afghanistan, Herod, France, Rwanda, Birmingham, Rotherham , South Yorkshire, South Yorkshire, Sheffield

☆ The yen carry trade unwind: A big complication for global markets
▼ + stars: | 2024-08-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

In its simplest form, the yen carry trade has investors borrowing cheap yen to invest in higher yielding assets, often currencies. For example, because there is not a central source to track currency trades, we have no idea how big the yen carry trade is. The yen is rising, and that is making the yen carry trade less profitable. If the yen goes from 155 to 145, which is where it traded Monday, it will take $68,965 to repay that 10 million yen (10 million yen divided by 145 = $68,965). One positive sign: the ETF to watch is the Invesco Japanese Yen ETF (FXY), which tracks the price of the Japanese yen, had volume six times normal yesterday.

Persons: That's, Nicholas Colas Organizations: Nikkei, Street Journal, Federal Reserve, Bank of Japan, U.S, U.S ., Yen ETF Locations: U.S, Japan

The trip highlights the generational gap between Harris and President Joe Biden and former President Donald Trump, Democratic allies said. Noah Lyles wins gold in epic photo finishDimitar Dilkoff / AFP - Getty ImagesLyles earned his first gold medal in 9.79 seconds, which was a personal best. Lyles was still unconvinced he had won the gold medal after finishing and the scoreboard offered no indication of who had won gold, silver or bronze as officials processed a photo finish. Track and field holds four medal events and surfing will finally have its medal day. ▶️ Watch top highlightsDebby makes landfall in Florida as a Category 1 hurricaneHurricane Debby has made landfall in Florida’s Big Bend as a Category 1 hurricane.

Persons: Kamala Harris, Hurricane, Noah Lyles, Harris, John Bazemore, Harris ’, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, Joe Biden, Donald Trump, Biden, Trump, “, Nikki Haley, Dimitar Dilkoff, Lyles, Jamaica’s Kishane Thompson, Fred Kerley, Thompson, ” Lyles, Kerley, Peacock, Read, ste, Caro, Ron, Flor, rais e d fear, ron e, Rob e, Ari z, ena, go to a, ake is b, ✦, lea, ree Organizations: Kentucky, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Trump, Republicans, Getty, Olympic, ust, NBC, POLI Locations: Florida, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Philadelphia, AFP, bou, spee, sto

☆ Olympics recap: What you missed in swimming, gymnastics, track and field, and more
▼ + stars: | 2024-08-03 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

We saw legends in their sport add to their gold-medal counts, thrilling finishes on the track and much more. Track and FieldRacing in her first Olympics after being ruled ineligible for the Tokyo Games, USA’s Sha'Carri Richardson won silver in the women’s 100-meter finals Saturday. Richardson won gold in the same event at the World Athletic Championships in Budapest last year. And on the field, American Ryan Crouser won his third straight gold medal in the men’s shot put. He hurt the ulnar nerve in his throwing elbow before tearing his pectoral muscle leading up to the Olympics.

Persons: USA’s Sha'Carri Richardson, Lucia’s Julien Alfred, Melissa Jefferson, Jamaica’s Shelly, Ann Fraser, Price, didn’t, Richardson, Femke Bol, Bol, Ryan Crouser, John Kovacs, Rajindra Campbell, Crouser, ”, Denis, Ben Stansall, Simone Biles, It’s, ” It’s, she’ll, “, ” Biles, USA's Jade Carey, Carey, “ We’ve, ” Carey, Stephen Nedorosick, Guy, Clark Kent, Glen Powell, Nedoroscik, ” Nedoroscik, Katie Ledecky, Ledecky, Titmus, Paige Madden, Alex Walsh, Walsh, Canadian Summer McIntosh, Kate Douglass, Australia’s Kaylee McKeown, ” Douglass, Trinity Rodman, Crystal Dunn, ” Rodman, Emma Hayes, What’s, Noah Lyles, Jamaica’s Kishane Thompson, Carlos Alcaraz, Novak Djokovic Organizations: Racing, Tokyo Games, St, World Athletic, Paris Games, Getty, Tokyo, Canadian, U.S Locations: Lucia, Budapest, Tokyo, Netherlands, Paris, America, Belgium, Rio, Saint, AFP, Los Angeles, Germany

Why did Russian President Vladimir Putin greet the children of just-freed Russian spies in Spanish? In “The Americans,” two Russian spies posing as a married couple in suburban America run Soviet agents and collect intelligence, unbeknownst to their young children. President Vladimir Putin meets convicted Russian spies released as part of a prisoners' swap at Vnukovo International Airport in Moscow. Their children attended an international school in Ljubljana and, according to Kremlin spokesman Dmitry Peskov, were only told on the plane to Moscow that they were Russian. “To the bulk of the Russian public, the Russian president showed that he has not yet lost the remnants of adequacy and is capable of well-calculated, rational actions,” Gallyamov said.

Persons: Vladimir Putin, Putin, “, ”, Ludwig Gisch, Maria Rosa Mayer Muños, Mikhail Voskresenskiy, Artem Viktorovich Dultsev, Anna Valerevna Dultseva, Evan Gershkovitch, Paul Whelan —, Dmitry Peskov, Peskov, ” Peskov, ” Abbas Gallyamov, ” Gallyamov, — Putin Organizations: Vnukovo, Associated Press, AP, Kremlin, KGB, Federal Security Service, Russian Foreign Intelligence Service, “ Locations: Russian, Slovenia, America, Soviet, Moscow, U.S, Europe, Ljubljana, Slovenia's, Moscow’s Vnukovo

☆ Freed prisoners return to U.S. from Russia and the race to define Kamala Harris: Morning Rundown
▼ + stars: | 2024-08-02 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +13 min

Evan Gershkovich, Paul Whelan and Alsu Kurmasheva make an emotional return to the U.S. Simone Biles and Katie Ledecky add to their Olympic medal collections. Jamie Squire / Getty ImagesBiles won gold in the women’s all-around gymnastics final, reclaiming her 2016 title and becoming the first American to win the Olympic all-around gold medal more than once. Brazil’s Rebeca Andrade won silver, and American Suni Lee, who won the all-around gold medal three years ago in Tokyo, took home the bronze. Katie Ledecky made Olympic history when she won a silver medal in the women's 4x200m freestyle relay final on Thursday. The battle intensifies to define HarrisIt goes without saying that Vice President Kamala Harris’ path to de-facto Democratic presidential nominee has been unprecedented.

Persons: Evan Gershkovich, Paul Whelan, Alsu, Simone Biles, Katie Ledecky, Sonya Massey, Biden, Harris, Joe Biden, Kamala Harris, Alsu Kurmasheva, Whelan, Gershkovich, Kurmasheva, “, Vladimir Kara, Murza, Antony Blinken’s, Sergei Lavrov, Suni Lee, Jamie Squire, Biles, Brazil’s Rebeca Andrade, Maddie Meyer, Peacock, Read, rance, wimmer, ▶️, ure, Ana l, J uly, dow, ros, Pres, ena, Gray, ood, Joh, edd, maki, abou, , in Organizations: U.S, Russia, Marine, Joint Base Andrews, Wall Street, Radio Free, Radio Liberty, Paris, unt, pla, us. Locations: Maryland, Germany, U.S, Russia, Slovenia, Norway, Poland, Radio Free Europe, Berlin, Paris, American, Tokyo, Belgium

Officials quickly moved to tailor the Chicago convention to Harris with only four weeks, in part drawing from the 2008 convention when Barack Obama accepted the nomination given the historic candidacy of Harris herself. Nominee acceptance speeches for the convention, which begins the week of August 19, are currently scheduled for that Wednesday and Thursday night, according to convention officials. Hollywood gets on boardThe Hollywood community is clamoring to support Harris at the DNC, according to numerous agents, publicists and Democratic strategists who spoke to CNN. No performers have been set yet, though various representatives for musicians have been in talks with the Harris campaign, according to two sources. For instance, besides Megan Thee Stallion’s performance at her Atlanta rally earlier this week, Harris had the support of the rapper Quavo, who spoke about gun violence prevention.

Persons: Joe Biden, Kamala Harris, Harris, Barack Obama, “, Biden, “ I’m, ”, there’s, She’s, Megan Thee, Donald Trump, Matt Hill, Donald Trump’s, Biden —, —, Biden’s, Bill Clinton, Clinton, Al, Quavo, Kid, Hulk Hogan, Hillary, Hillary Clinton, they’re Organizations: CNN, Democratic National Convention, Trump, Democratic Party, Democratic, ” Democratic National, Hollywood, Atlanta, Black, DNC, Republicans Locations: Chicago, Atlanta, who’s, America, Al Gore

☆ Dow dives more than 800 points after July jobs report misses expectations
▼ + stars: | 2024-08-02 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Stocks slid Friday as a disappointing jobs report added to fears that the US economy is weakening. Stocks have also whipsawed in recent days as investors also digested the Federal Reserve’s July policy meetings and Big Tech earnings reports. Big Tech earningsInvestors have also parsed a mixed bag of Big Tech earnings this week. Shares of Apple, which reported in-line earnings but missed sales expectations Thursday evening, are up 2.1%. Investors have in recent weeks moved out of the Magnificent Seven tech stocks that powered the market to repeated record highs this year.

Persons: Stocks, Dow, That’s, ”, David Russell, Jerome Powell, ” Powell Organizations: New, New York CNN, Nasdaq, of Labor Statistics, Institute for Supply Management, Big Tech, Federal Reserve, Microsoft, Apple, Amazon, Meta, Intel Locations: New York, tamping

☆ Children of Russian spy couple in prisoner swap only learned their nationality on flight to Moscow
▼ + stars: | 2024-08-02 | by ( Anna Chernova | Radina Gigova | ) edition.cnn.com time to read: +3 min

CNN —The children of two Russian intelligence agents, who were among the detainees released as part of a historic prisoner swap, only discovered their nationality when they were being flown to Moscow, the Kremlin said Friday. The pair had been posing as an Argentine couple in Slovenia where they were convicted of spying. Russian President Vladimir Putin greeted them on the tarmac in Spanish as they didn’t speak Russian and didn’t even know who Putin was, according to Peskov. “When the children came down the plane’s steps – they don’t speak Russian – and Putin greeted them in Spanish, he said ‘Buenas noches,’” Peskov said. While living undercover in Slovenia, Dultsev posed as an IT businessman named Ludvig Gisch.

Persons: Artem Dultsev, Anna Dultseva, “, Dmitry Peskov, Vladimir Putin, Putin, –, ‘ Buenas, ” Peskov, ”, Dultseva, bouquets, Dultsev, Vadim Krasikov, Paul Whelan, Evan Gershkovich, Ludvig Gisch, Maria Rosa Mayer Munos, Peskov Organizations: CNN, Wall Street, CIA Locations: Moscow, Argentine, Slovenia, Turkey, Russian, Ankara, ”, Spanish, Russia, Belarus, Germany, Berlin, Ljubljana, United States

Simone Biles competes in the balance beam event of the artistic gymnastics women's all around final on August 1. Loic Venance/AFP/Getty ImagesThe competition was fierce and the Olympic medal race stayed tight, but as is so often the case, Thursday’s stories from the 2024 Summer Games can’t be told with statistics alone. Biles held off a spirited challenge from brilliant Brazilian Rebeca Andrade, who once again won silver, and Biles’ teammate Suni Lee took the bronze. She later celebrated her silver medal with them by running a lap of the entire arena floor carrying the country’s flag. Canadian 17-year-old superstar Summer McIntosh also won her second gold medal of the Games.

Persons: Simone Biles, Loic Venance, can’t, Biles, Rebeca Andrade, Suni Lee, Andrade, Katie Ledecky, Ledecky, Summer McIntosh, Andy, that’s, Andy Murray’s, he’s, Murray, Dan Evans ’, Taylor Fritz, Tommy Paul, “, ”, Sabrina Ionescu, Breanna Stewart, Belgium's Antonia Delaere, Sameer Al Organizations: Getty, Tokyo, Team USA, Games, Team Great Britain Locations: AFP, Paris, American

☆ Samoan Olympic boxer opens up about continuing to fight after coach died in Paris
▼ + stars: | 2024-08-01 | by ( Isabel Yip | Isabel Yip Is An Intern For Nbc News. | ) www.nbcnews.com time to read: +2 min

After a tough bout at his first Olympic match, the Samoan boxer reflected on his decision to keep fighting. After the fight, Plodzicki-Faoagali posted a photo of himself on Instagram with a defeated expression and a black eye. In the caption, he reflected on the mental toll of the “tough week” ahead of his Olympic fight. The International Boxing Association shared condolences in a statement and confirmed the death of the Samoan coach ahead of Plodzicki-Faoagali’s fight. Papua New Guinea’s boxing coach Peter Morrison stepped in to support Plodzicki-Faoagali during the fight.

Persons: Faoagali, Lionel Elika Fatupaito, Belgium’s Victor Schelstraete, ”, “, Elika, you’ve, haven’t, Peter Morrison, Schelstraete, Faoagali “, I’m Organizations: International Boxing Association, Pacific Games, Paris, Olympic Games, “, Boxing Association, Team Samoa, Facebook, Reuters Locations: Samoa, Plodzicki, Papua, Paris

☆ Opinion | What Trump Means When He Mispronounces ‘Kamala’
▼ + stars: | 2024-08-01 | by ( John Mcwhorter | ) www.nytimes.com time to read: +2 min

Since Vice President Kamala Harris became the presumptive Democratic nominee for president, Donald Trump has been invoking her name a lot. Harris pronounces it “KA-ma-la.” Trump, however, has often been pronouncing it “Ka-MA-la” or even “KUH-ma-la.” He did it again yesterday at the convention of the National Association of Black Journalists. He insists he doesn’t care one way or another (though after audience members voiced their disapproval, he shifted his emphasis to the first syllable). But while so many of us have learned from our mistakes, Trump has defiantly not, and his acolytes have joined right in. The fact that the name is pronounced in different ways — though I’d challenge Trump to come up with seven — hardly means that none is correct.

Persons: Kamala Harris, Donald Trump, Harris, “, ” Trump, ”, I’ve, Trump, “ Ka Organizations: Democratic, National Association of Black Journalists Locations: Guatemala, America, American

☆ Here are Thursday's biggest analyst calls: Meta, Tesla, Reddit, Amazon, Wingstop, Arm, Dollar General, Carvana, Qualcomm, SoFi & more
▼ + stars: | 2024-08-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America reiterates Arm as buy Bank of America said it's sticking with the stock following earnings on Wednesday. Robinson to overweight from neutral JPMorgan upgraded the shipping company following its earnings. Barclays reiterates Meta as overweight Barclays says it's sticking with the Instagram parent following earnings on Wednesday. " Bernstein reiterates Qualcomm as outperform Bernstein says it's sticking with Qualcomm following earnings on Wednesday. Citi reiterates SoFi as buy Citi said it's getting more bullish on the stock following a series of investor meetings.

Persons: Goldman Sachs, Goldman, Morgan Stanley, Zeta, Oppenheimer, Etsy, Baird, Wolfe, Bill.com, Robinson, Raymond James, RDDT, Wells, David Lantz, Zack Fadem, Bernstein, Leerink, Cantor Fitzgerald, Tesla, Cantor, it's bullish, Morgan Stanley downgrades Voya, SoFi, it's Organizations: Mizuho, Bank of America, ARM, Zeta Global, Zeta, JPMorgan, GE, NFL, NBA, MLB, Nascar, Barclays, Meta, Qualcomm, SOX, Elon Musk's, Citi Locations: OW, 2H24, China, bullish

☆ The Threat of More War
▼ + stars: | 2024-08-01 | by ( Vivian Nereim | ) www.nytimes.com time to read: +1 min

Yesterday, Iran and Hamas accused Israel of killing Ismail Haniyeh, one of the most senior leaders of Hamas, while he was in Tehran. (Haniyeh was Hamas’s lead negotiator in cease-fire talks to end the Gaza war, which began with the Oct. 7 attacks.) And the groups themselves say they do not want a wider regional war. (Hamas has said it wants a wider war, but it is depleted from nearly 10 months of conflict in Gaza.) That’s why, in the span of a few months, Israeli bombs have hit Lebanon, Syria, Iran and Yemen.

Persons: amity, Israel, Ismail Haniyeh Organizations: United, Diplomats Locations: East, Iran, Saudi Arabia, Tehran, United Arab Emirates, Iranian, Gaza, Yesterday, Beirut, Lebanon, Syria, Yemen, It’s

January 1, 2024: Cardi B says she slept with Offset on New Year's Eve, but they're not back together. Cardi B onstage at The Fontainebleau Miami Beach NYE 2024 Celebration. "We need to work on our shit we need to work on our communication. There's things that he needs to work on. There's things that I need to work on."

Persons: Cardi, they're, Aaron Davidson, we've Organizations: Fontainebleau Miami Beach NYE, Getty, Miami Beach Locations: Fontainebleau, Miami

☆ A Costco trucker in Atlanta shares the best part about driving for the wholesale club
▼ + stars: | 2024-08-01 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Read previewThis as-told-to essay is based on a conversation with a Costco truck driver in Atlanta, who has requested anonymity as they are not authorized to speak with the media. The worker has shared employment details with Business Insider to verify their identity. This story is available exclusively to Business Insider subscribers. AdvertisementThe job requires a commercial driver's license and Costco usually wants to see three years of experience working for another reputable company. Responses will be kept confidential, and Business Insider strongly recommends using a personal email and a non-work device when reaching out.

Persons: —, it's, we're, I'm, Dominick Organizations: Service, Costco, FedEx, Business Locations: Atlanta, Atlanta , Georgia, Montgomery , Alabama, Montgomery, Hoover , Alabama, Greenville , South Carolina

☆ Cramer says the Fed's reluctance to cut rates contributed to Thursday's sell-off
▼ + stars: | 2024-08-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer examined Thursday's market action, attributing the day's brutal sell-off to the Federal Reserve's decision to hold rates steady instead of making a cut. "To me, today's terrible action in stocks was a function of the Fed not cutting rates yesterday," he said. Although Fed Chair Jerome Powell indicated a rate cut was "on the table" in September, many on Wall Street feared that would be too late. The "soft economy" is new, he added, saying last year at this time Wall Street criticized the Fed for being unable to tame inflation. "I have better things to do with my time than lambaste a Fed chief for conceivably letting the economy wither for seven more weeks," Cramer said.

Persons: CNBC's Jim Cramer, they've, Jerome Powell, Russell, Cramer, lambaste, Powell Organizations: Federal, Wall, Investors, Dow Jones, Nasdaq, Treasury, Fed

☆ It turns out that bad news for the economy may actually be bad news for the stock market
▼ + stars: | 2024-08-01 | by ( John Melloy | ) www.cnbc.com time to read: +3 min

There was a perverse view this year that bad economic news was actually good news for the stock market, as the heat coming off the economy would give the Federal Reserve the greenlight to cut interest rates. This made some sense with inflation for the first time in a while becoming the primary market bogeyman over a slowing economy. Announced layoffs last month were the highest for any July in more than two decades, outplacement firm Challenger, Gray & Christmas reported. Investors got what they thought they wanted, with the 10-year Treasury yield breaking below 4% for the first time since February. Even tech stocks found themselves in the red as they too, may be hurt more by a slowing economy, than their valuations are boosted by lower rates.

Persons: Jerome Powell, Chris Rupkey, Adam Crisafulli, Dow Jones, Yun Li, Jeff Cox Organizations: Federal Reserve, Institute for Supply Management, Investors, Dow Jones, Dow, JPMorgan Chase, Caterpillar, Vital Knowledge Locations: U.S

☆ Stock market today: Indexes dip after Meta earnings and new labor-market data
▼ + stars: | 2024-08-01 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +2 min

Indexes slid on Thursday despite a strong earnings report from Meta that sent the stock soaring. New jobless-claims data beat expectations and approached a one-year high, stoking economic concern. Investors are pricing in a 100% chance of Fed rate cuts in September. Shares of Meta soared as much as 11% after the company beat earnings estimates in the most recent quarter and raised its full-year revenue guidance. Qualcomm also beat earnings expectations but saw its stock down 3% Thursday.

Persons: —, Jerome Powell, Powell Organizations: Service, Meta, Wednesday's, Qualcomm, Here's Locations: Meta

☆ Southport stabbing: Riot police, protesters clash during vigil for three girls killed
▼ + stars: | 2024-07-31 | by ( Helen Regan | Niamh Kennedy | ) edition.cnn.com time to read: +5 min

Riot police armed with shields and batons attempt to restore order in Southport, England on July 30, 2024. The North West Ambulance Service said it treated 39 police officers injured in the violence, 27 of whom were taken to hospital. Christopher Furlong/Getty ImagesPolice have said the suspect is from the village of Banks, near Southport, and was originally from Cardiff, Wales. More must be done to tackle Islamophobia and offer reassurance at this time.”On Tuesday, police named the three girls killed in the stabbing as Bebe King, 6, Elsie Dot Stancombe, 7, and Alice Dasilva Aguiar, 9. Taylor Swift, whose music was the theme of the dance class targeted in the attack, said Tuesday she was “completely in shock.”

Persons: Keir Starmer, thuggery, “, ”, ” Starmer, Taylor Swift, Constable Alex Goss, ” Goss, Christopher Furlong, Goss, Bebe King, Elsie Dot Stancombe, Alice Dasilva Aguiar, King, Bebe, Starmer Organizations: CNN, British, Protesters, English Defence League, Merseyside Police, Police, Riot, Getty, ” Merseyside Police, North West Ambulance Service, Muslim, of Britain, MCB, ” Locations: Southport, Southport , England, Banks, Cardiff, Wales

☆ Canada loses Olympic drone-spying appeal as new FIFA details emerge ahead of must-win game
▼ + stars: | 2024-07-31 | by ( Meg Linehan | ) www.nytimes.com time to read: +8 min

AdvertisementIt also came as FIFA released a full report of the findings that led to its decision to punish Canada for using a drone to watch New Zealand practice ahead of their Olympic opener. In an email sent March 20, the performance analyst, whose name was redacted from FIFA’s report, contacted Priestman about preparing for Olympic opponents. FIFA’s decision concerned Canada Soccer’s actions at the Olympics only, leaving open room for additional punishment for any wider system of spying. Before Priestman’s suspension from FIFA, she was suspended through the Olympics and Canada Soccer said it was investigating both the men’s and women’s soccer programs widely. Canada Soccer told FIFA on Saturday that Priestman’s references to spying in the men’s program referenced a specific person.

Persons: Canada’s, Bev Priestman, Priestman, ”, Joey ”, Joseph Lombardi, ” Priestman, Lombardi, Kevin Blue, Blue, Jesse Marsch, –, John Herdman, “, we’ve, ” Lukas Weese, Tullio M Organizations: Sport, FIFA, Olympics, Olympic, Paris Games, Tokyo Games, Canada’s, Olympic Committee, Canada Soccer, New Zealand, Canadian, Canadian Olympic, Copa America, Toronto FC, women’s, men’s Locations: Canada, Zealand, Colombia, Nice, France, Australia, Brazil, Paris, ”, Priestman, Saint, New Zealand, Puglia

☆ Starbucks Reinvented How It Runs Its Cafés to Cut Down on Wait Times
▼ + stars: | 2024-07-31 | by ( Adam Rogers | ) www.businessinsider.com time to read: +7 min

Called the "Siren Craft System," it overhauls the workflow at some 10,000 of its coffeehouses in an effort to reduce inefficiency, speed up orders, and boost customer satisfaction. Every fast-food outlet, Starbucks cafés included, is a little factory. The new system instructs baristas to push cold drinks down in the queue in favor of hot ones. But the fact is, the cold drinks also take longer to make. The higher-grossing cold drinks take so long to make, in fact, that they're actually pretty low-margin.

Persons: you've, overachievers, Siren Craft, cranking, Michelle Eisen, baristas, they're, Craft, it's, They'll, It's, Eisen, Adam Rogers Organizations: —, Dutch Bros, Starbucks, Boeing, Google, Business Locations: America, Wells Fargo

☆ Israel targets Hezbollah commander in Beirut strike after deadly Golan Heights attack
▼ + stars: | 2024-07-30 | by ( Tamara Qiblawi | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +5 min

Beirut CNN —Israel says it has launched a strike in Beirut, Lebanon, targeting a Hezbollah commander that it blamed for a deadly attack in the Israeli-occupied Golan Heights. An Israeli official identified the target of the strike as Fu’ad Shukr, also known as al-Hajj Mohsin. Israel wanted to send “a very strong message” with tonight’s strike, according to a senior Israeli official, but hopes to avoid further escalation. Hezbollah denied responsibility for the strike but did say it had fired at Israeli military targets in the area. Tuesday’s attack is of a different caliber, marking the largest Israeli escalation with the powerful Lebanese militant group since October 8.

Persons: Beirut CNN — Israel, Yoav Gallant, “, Itamar Ben, Gvir, Majdal Shams, Fu’ad, Hajj Mohsin, Shukr, Hassan Nasrallah, Israel, NNA, ” Organizations: Beirut CNN, Israel’s, Israel Defense Forces, CNN, Iranian, Reuters, Lebanese, Hezbollah Locations: Beirut, Lebanon, Golan, Majdal, Iranian Embassy, Israel, United States, Palestinian, Gaza, “, Tel Aviv

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