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The results boosted shares of Nvidia as much as 8%. Justifying the valuation After a more than 232% jump in 2023, Nvidia shares are on pace for their third best year on record and best yearly stretch since 2001. Opening and building positions Despite the blowout report, Nvidia gave up some of its gains, while its beneficiaries and competitors slumped into negative territory. Even so, the moves boosted his case for beefing up his position in Nvidia and other AI plays. Cerity Partners' Jim Lebenthal revealed to CNBC's "Halftime Report" on Thursday that he initiated a position in Nvidia earlier this week to get a "toehold before earnings."
Persons: Josh Brown, CNBC's, Nancy Tengler, Paul Meeks, Ken Mahoney, Jerome Powell's, Meeks, Cerity, Jim Lebenthal Organizations: Nvidia, Devices, Marvell Technology, Micro Computer, Taiwan Semiconductor Manufacturing, Laffer, Investments, Independent Solutions Wealth Management, Asset Management, Apple, Federal, Computer, AMD, Cerity Partners Locations: Jackson Hole , Wyoming
[1/3] Supermarket owner Takashi Nakajima, 67, prepares sashimi, or raw fish, to sell at his store, near the tsunami-crippled Fukushima Daiichi nuclear power plant, in Soma, Fukushima prefecture, Japan, August 9, 2023. It's been a long battle to get radiation-wary customers back to the seafood from waters near the Fukushima nuclear power plant that was wrecked in the 2011 tsunami, Nakajima says. Now, with the imminent release of treated radioactive water from the plant into the Pacific, he fears a return to square one. "This can't be happening," the 67-year-old said in the backyard kitchen of his supermarket in Soma city, just 45 km (28 miles) north of the stricken power plant. The problem is, this water release will go on for at least 30 years."
Persons: Takashi Nakajima, Akiko Okamoto, It's, Nakajima, Yasutaka Shishido, Kiyoshi Takenaka, Tom Bateman, Chang, Ran Kim, Stephen Coates Organizations: REUTERS, Tokyo Electric Power, Thomson Locations: Soma, Fukushima prefecture, Japan, China
The Quinault Indian Nation, located about 150 miles west of Seattle, has experienced severe flooding because of sea-level rise over the past few years. "If I want to move, I'm assuming that I'm going to be responsible for a whole new house payment and a whole new home," Frenchman said. Now, the first phase of construction in the upper village is nearly complete. "The only thing that I'm going to miss is the view of the river," said Mail. Frenchman is hoping to relocate to the upper village, but doesn't know how she'll be able to afford a new home.
Persons: I've, Lia Frenchman, Frenchman, we've, Indian Affairs Bryan Newland, Ryan Hendricks, Quinault, Newland, Larry Workman Frenchman, Hendricks, that's, there's, she'll, Katie Brigham Organizations: Resilience, National Oceanic, Atmospheric Administration, NOAA, U.S . Department of, Indian Affairs, Department of, Infrastructure Law, U.S . Army Corps of Engineers, Indian Health Service, Federal Emergency Management Agency, FEMA Locations: Seattle, Washington, Quinault Nation, Taholah, Quinault, U.S, Taholah , Washington, apace
The US Air Force said it found unsafe levels of possible cancer-causing chemicals at a Montana base. It found the chemicals in nuclear missile launch control centers at Malmstrom Air Force Base. A team of experts that carried out testing at Malmstrom Air Force Base in June discovered levels of polychlorinated biphenyls (PCBs) that were above federally recommended thresholds in two facilities at the site, Air Force Global Strike Command said in a statement on Monday. "Of the swipes, 279 returned non-detectable results," the Air Force said. None of the air samples of the launch control centers and launch control support building revealed any detectable levels for PCBs.
Persons: Thomas Bussiere, Jackson Ligon, Jonathan Marinaccio, Daniel Brosam, F.E, Organizations: US Air Force, Malmstrom Air Force Base, Service, Air Force Global Strike Command, Environmental Protection Agency, Air Force, Twentieth Air Force, Guardians, U.S . Air Force, 341st Missile, Air Force Base, AP, The Air Force, III Locations: Montana, Wall, Silicon, Great Falls, Mont, Wyoming, North Dakota, Warren, Minot, Malmstrom
July 31 (Reuters) - Economic sanctions have been the biggest headache for Russia's business elite since the start of the war in Ukraine, but a drone strike in the heart of Moscow's financial district is forcing companies to think about their employees' safety. Tech giant Yandex (YNDX.O), which has offices dotted around the Russian capital including in Moskva-Citi, asked staff to vacate offices at night, when strikes on the Russian capital have tended to occur. One financial services professional said he did not think the attack would deter people from going to Moskva-Citi. A Telegram channel run by the Russian online media group Mash broadcast photos of the damage done to the digital ministry's headquarters. For one employee at a large Russian company, the attack was a "really scary" warning.
Persons: Nobody, Yandex, Dmitry Peskov, Volodymyr Zelenskiy, Gareth Jones, Mark Potter Organizations: Sunday, Citi, Kremlin, Tech, Reuters, Telegram, Thomson Locations: Ukraine, Moskva, Ukrainian, Russia, Moscow, Kyiv, Russian
There's a new ideological interest in Silicon Valley: effective accelerationism. It's called effective accelerationism. The more formalized e/acc idea has taken shape on Twitter and through Substack newsletters since 2022. In an e/acc world, no idea that offers hypothetical value should be considered too absurd, too dangerous, too out there to make a reality. But one thing does seem certain: as long as AI remains front and center, so too will effective accelerationism.
Persons: Marc Andreessen, It's, Garry Tan, Sam Bankman, Fried, Michael M, Nick Land, Freeman, ChatGPT, Marc Andreessen's, Tan, Y Organizations: Tech, acc, Morning, Twitter, Getty, University of Warwick Locations: Silicon Valley, British, Francisco
Chien-Shiung Wu was a Chinese physicist who was instrumental to the Manhattan Project. Chien-Shiung Wu is a physicist who broke through both gender and racial barriers in 1940s America, wowing the science community with her significant contributions to the Manhattan Project. Like many other scientists involved in the project, Wu later distanced herself from the Manhattan Project due to its destructive outcome. Robert W. Kelley/Contributor/Getty ImagesWu's legacyAfter the Manhattan Project, Wu continued to advance the science community's understanding of nuclear physics. Wu was later awarded the first Wolf Prize, considered the second most prestigious award after the Nobel Prize, in 1978.
Persons: Wu, Wolf, Christopher Nolan's, Oppenheimer, Wu's, Madame Curie, Ernest Lawrence, J, Robert Oppenheimer, weren't, Lawrence, Wu —, Emilio Segrè, Marie Curie, Luke Yuan, East Coast . Wu, Brode, Wallace Brode, Enrico Fermi, Robert W, Kelley, , Y.K, Lee, Bettmann Organizations: Manhattan, Physics, Service, University of Michigan, University of California, Princeton University, Science, Smithsonian Institution, Manhattan Project, Columbia University, Los Alamos, Columbia Locations: Chinese, Wall, Silicon, America, Jiangsu, China, Republic of China, United States, Michigan, Berkeley, Italian, East Coast ., Los, Manhattan
It marks a renaissance of sorts for the Hmong community, which has historically been insular. He also recently appeared on "Iron Chef" and was the first to serve Hmong food at the Minnesota State Fair. Though for decades, Xiong said Hmong businesses struggled to market outside the Hmong community. La Vang-Herr also opened her Hmong business in an area with few Hmong residents. Sean LeschMortchee's, a Hmong eatery in a former Wausau, Wisconsin, ice-cream stand, has also been a lifeline for the local Hmong community since opening earlier this year.
Persons: Yia Vang, Vang, James Beard, Kao Kalia Yang, Sunisa Lee, Lee Pao Xiong, Paul, Xiong, Peng Her, They're, We've, Diane Moua, Moua, Gemma Weston, Mai Vang, Pom, La, Herr, Sean Lesch Mortchee's, Sa Sor Lee, there's, Lee, Toua Xiong, we've, Pheng, we're Organizations: Service, Union Hmong, Minnesota, Fair, Google, Center, Hmong Studies, Concordia University, St, Pew Research Center, Hmong Institute, Twin Cities, Twin, American Farmers Association Locations: Wall, Silicon, Vang, Minneapolis, Oakland , California, Vietnam, Madison , Wisconsin, Minnesota, Twin, Siskiyou County, California, New York, Montague, Oregon, Portland , Oregon, Wausau , Wisconsin, Twin Cities, St
South Korea's President Yoon visits Ukraine
  + stars: | 2023-07-15 | by ( Joyce Lee | ) www.reuters.com   time to read: +2 min
Summary South Korea's Yoon to meet Ukraine's Zelenskiy - Yoon's officeS.Korea facing renewed pressure to provide weapons to UkraineS.Korea to play a role in Ukraine's reconstruction -ministrySEOUL, July 15 (Reuters) - South Korean President Yoon Suk Yeol was visiting Ukraine on Saturday for talks with President Volodymyr Zelenskiy, the South Korean presidential office said. Yoon said this week his administration was preparing to send de-mining equipment and ambulances, following a request from Ukraine, and will join NATO's trust fund for Ukraine. Zelenskiy asked Yoon to boost military support when they met for the first time in May. South Korea's Ministry of Land, Infrastructure and Transport said on Friday it planned to support the reconstruction of Ukraine's infrastructure, such as transportation, energy and industry. South Korean companies and companies in Ukraine and other countries signed agreements on Friday for cooperation in the reconstruction of Ukraine, the ministry said in a statement.
Persons: Yoon, Ukraine's, Ukraine S.Korea, Yoon Suk Yeol, Volodymyr Zelenskiy, Irpin, Zelenskiy, Andrzej Duda, Joyce Lee, Hyonhee, William Mallard Organizations: South Korean, NATO, Ukraine, South Korea's Ministry of Land, Infrastructure, Transport, Thomson Locations: Ukraine, SEOUL, Lithuania, Poland, Bucha, Kyiv, U.S, South Korea, North Korea, Seoul, Korea
An official at the Financial Services Commission confirmed that banks had been asked to prepare liquidity through repurchase-agreement facilities to aid MG Community Credit Cooperatives, but did not comment on the amount. Depositors were lining up last week to withdraw funds from a branch of MG Community Credit Cooperatives after local media reported a rise in non-performing loans tied to real estate projects. Woori Bank, Hana Bank, Shinhan Bank, KB Kookmin Bank and NongHyup Bank had been asked to make financing available to MG Community Credit, although the actual amount extended to the credit union would depend on deposit withdrawals, the sources said. The sources added that each of the banks was asked to prepare 1 trillion won of financing, or 5 trillion won in total ($3.84 billion), as potential support. MG Community and the five banks did not immediately respond to requests for comment.
Persons: Kim Jin, 1,302.7800, Seunggyu Lim, Jihoon Lee, Ed Davies, Edmund Klamann Organizations: Financial Services Commission, Community Credit Cooperatives, MG Community Credit Cooperatives, Woori Bank, Hana Bank, Shinhan Bank, KB Kookmin Bank, NongHyup Bank, MG Community Credit, MG Community, Community, Interior Ministry, Bank of, Ministry of Finance, Citi, Jungdo, Thomson Locations: SEOUL, Namyangju, Seoul, Bank of Korea, Gangwon
That same day, Broadbery achieved a different, but equally momentous, milestone in his Wall Street career. He's seen support for traditionally underrepresented groups, like the LGBTQ+ community, become institutionalized at most Wall Street firms — a welcome improvement. There's also much less stigma now around being "too gay" for Wall Street, he added. So it's like, how gay is too gay for Wall Street?" "I think Wall Street is Wall Street and in the finance industry there are certain norms and certain things you need to do to conform — the working environment, the working hours, the hierarchy, the path to promotion — those things are what they are," he said.
Persons: Michael Broadbery, Goldman Sachs, David Solomon, Broadbery, Goldman, unabashedly, Guinness Mahon, , Lehman, It's, wasn't, I'm, it's, There's Organizations: Goldman, Network, Intel, Wall, Hamptons, Barclays, Lehman Brothers, Lehman, firm's Locations: York, Americas, Dublin, Ireland, London, Asia, Hong Kong, firm's Asia, Singapore
(L-R) Defense Intelligence Agency Director Lt. Gen. Scott Berrier, Director of the National Security Agency Gen. Paul Nakasone, Director of National Intelligence Avril Haines, Director of National Intelligence Avril Haines, CIA Director William Burns and FBI Director Christopher Wray testifies during a House Select Committee on Intelligence hearing concerning worldwide threats, on Capitol Hill March 9, 2023 in Washington, DC. The leaders of the intelligence agencies testified on a wide range of issues, including China, Russia, Covid-19 origins, and TikTok. "All agencies continue to assess that both a natural and laboratory-associated origin remain plausible hypotheses to explain the first human infection," the 10-page declassified report from the Office of the Director of National Intelligence said. But "almost all" intelligence agencies agreed that the virus wasn't genetically engineered, and all agencies agreed that Covid was not manufactured as a biological weapon. The spokesman added that "getting to the bottom of the origins" of Covid remains a top priority for the president.
Persons: Scott Berrier, Paul Nakasone, National Intelligence Avril Haines, William Burns, Christopher Wray, Covid, Joe Biden Organizations: Defense Intelligence Agency, National Security Agency, National Intelligence, CIA, Capitol, Intelligence, National Intelligence Council, Department of Energy, Wuhan Institute of Virology, Wuhan Institute, Virology, White House National Security Council Locations: Washington ,, China, Russia, Covid, Wuhan, U.S
Today we've got stories on a startup helping you build your credit with rent payments, Wall Street reentering the home-buying frenzy, and how to cut out late-night snacking. But that hasn't stopped critics from painting BlackRock's filing as part of a wider power shift in crypto benefiting traditional financial firms. (It's worth noting that the announcement coincides with the launch of EDX Markets, a crypto exchange backed by Wall Street royalty like Citadel Securities, Fidelity, and Charles Schwab, per The Wall Street Journal.) Wall Street isn't in the business of supporting causes that could put it out of business. By partnering with traditional finance firms, crypto companies are letting the fox in the hen house.
Persons: Dan DeFrancesco, we've, Andrii Shyp, Arif Qazi, Wall, Insider's Rebecca Ungarino, Rebecca, Morgan Chittum, hasn't, Charles Schwab, I've, Read, Teresa Heitsenrether, Here's, We're, Netflix's, Jeffrey Epstein, Epstein, Bel, Gary Winnick, Kaja Whitehouse, Nathan Rennolds Organizations: EDX, Wall, Citadel Securities, Fidelity, Street, JPMorgan, Bloomberg, Netflix, US Virgin Islands, Bel, Air, LinkedIn Locations: BlackRock, New York, London
On the third installment of "Tucker on Twitter," Carlson said Trump's arrest was for accusing George W. Bush of lying about Iraq in 2016. "We can point to the precise moment that permanent Washington decided to send Donald Trump to prison," Tucker said: Feburary 16, 2016. That's the day of a Republican primary debate in Greenville, South Carolina, at which Trump violated Republican orthodoxy by accusing George W. Bush of lying in the run-up to the Iraq War. 3 America's principles are at stake pic.twitter.com/eJNSUVvvqY — Tucker Carlson (@TuckerCarlson) June 13, 2023"We should never have been in Iraq," Trump said at the debate. And because Trump said it, Carlson argued, the clock started on a process that led to his arrest this week.
Persons: Tucker, Carlson, George W . Bush, , Tucker Carlson, Donald Trump wasn't, George W, Bush, Donald Trump, eJNSUVvvqY — Tucker Carlson, Trump, Hillary Clinton, Barack Obama, Obama, John Dingell, Sen, Al Franken, Elijah Cummings, Ernest " Fritz, Hollings Organizations: Twitter, Service, Privacy, Fox, Trump, GOP, Republican Party, National Archives, Records Administration, Democratic, Rep, Intelligence, U.S . Intelligence Community's Locations: Iraq, Washington, Greenville , South Carolina
Syria's Kurds to begin trials for IS detainees
  + stars: | 2023-06-11 | by ( ) www.reuters.com   time to read: +3 min
On Saturday, the Kurdish-led administration said in an online statement that it had decided to submit detainees to its own "open, free and transparent trials" following the international community's lagging response. The issue of foreign fighters is one of the most complex security and rights issues in Syria's 12-year war. A Western diplomat working on Syria told Reuters the administration's decision was a surprise. We take it very seriously that they are holding a lot of people – but this is a separate issue from trying them. The diplomat said such trials would need particularly high levels of security and that the risk of a breakout by IS fighters would become higher.
Persons: IS's, Badran Jia Kurd, Jia Kurd, Letta Tayler, It's, Orhan Qereman, Maya Gebeily, Frances Kerry Organizations: Islamic, Reuters, Human Rights, Thomson Locations: QAMISHLI, Syria, BEIRUT, Kurdish, U.S, Damascus, Canada, France, United Kingdom, Syrian, Qamishli, Beirut
He writes that Apple's latest $3,500 gadget is not just a VR "headset," but a bigger tech opportunity: spatial computing. Apple at long last revealed its long-anticipated "next big thing" — its Vision Pro — two days ago at its annual WWDC. "Minority Report" come to lifeViewed with the broader lens it deserves, however, Apple's Vision Pro represents so much more. It represents the dawn of an entirely new mass market and transformational tech opportunity of so-called "spatial computing." Spatial computing is essentially the film "Minority Report" come to life, three-dimensional computing divorced from the confines of physical screens.
Persons: Peter Csathy, Nanea Reeves, Tim Cook, Ralph Lauren, Joanna Popper, Bob Cooney, Evan Helda, Pierre, Stuart Rostain, Amy Allison, Tripp, Mark Zuckerberg, Apple's, Steve Jobs, Cook, Bob Iger, Jobs, Iger, Read Organizations: Creative Media, Morning, Fearless Media, Apple, CAA, Barnum, Amazon, Spatial Computing, European VRDays Foundation, Women, Disney, Pixar, Creativie Media Locations: Malibu, Netherlands
Some Chinatown residents benefited from the development boom, selling properties to developers or drawing more customers from increased foot traffic. Some residents have shown tentative support for the luxury buildings, saying they might make the neighborhood safer or bring in wealthier Asian residents who could boost Chinatown's economy. Manhattan Chinatown's housing stock is "really aged," which has led to costly fires, according to Thomas Yu, executive director of Asian Americans for Equality. Chinatowns and the pandemicMany debates surrounding luxury development and affordable housing were accelerated by the pandemic, which shuttered hundreds of businesses across Chinatowns. However, business owners who spoke with CNBC said Chinatown's businesses, though still recovering, are keeping the city's culture alive.
St. Louis Community Credit Union Regular Savings Account Learn more St. Louis Community Credit Union, NCUA insured. How St. Louis Community Credit Union Accounts Compare St. Louis Community Credit Union Regular Savings AccountSt. Louis Community Credit Union Interest (Gold) Checking AccountSt. Louis Community Credit Union Money Market AccountSt. Louis Community Credit Union Share Certificate Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. St. Louis Community Credit Union Interest (Gold) Checking Account Learn more St. Louis Community Credit Union, NCUA insured. St. Louis Community Credit Union Money Market Account Learn more St. Louis Community Credit Union, NCUA insured. St. Louis Community Credit Union vs. First Community Credit UnionYou'll prefer St. Louis Community if you want to support a Black-owned institution.
Amazon's Albert Cheng Celebrates His Asian Heritage
  + stars: | 2023-05-09 | 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 EmailAmazon's Albert Cheng Celebrates His Asian HeritageFor Asian American Pacific Islander Heritage Month, Amazon's Albert Cheng says he's happy to see the Asian community's voice growing louder and prouder.
Over 24,000 residents throughout Western Canada have been ordered to evacuate their homes to escape active wildfires in the province of Alberta. Smith activated the Emergency Management Cabinet Committee in response to the wildfires, which has been meeting daily since Friday. All options are on the table, including declaring a provincial state of emergency, Smith added. Fourteen counties and communities have declared states of local emergency, including Brazeau, Grande Prairie, Parkland and Lac Ste. Anne counties, as well as the Beaver Lake Cree Nation.
Sellers is among a growing contingent in the tech community that's going alcohol-free. From founders to investors, members of the startup community are eschewing booze in the name of staying sharp — and healthy. "About six months ago, I stopped drinking alcohol. That's really hard because in this industry, you have to be high energy. That's really hard because in this industry, you have to be high energy.
US special operators rely on their variant, the MH-47, for missions at night and behind enemy lines. As such, the US special-operations community's workhorse helicopter is getting upgrades to replace parts that are nearly 50 years old. US Army Special Operations Command has used Chinooks for several decades. Early versions had modifications for special operations. The 160th Special Operations Aviation Regiment, nicknamed "the Night Stalkers," is the cream of the crop when it comes to US military aviation.
I love writing about personal finance, but personal responsibility isn't the be-all and end-all. How disability shapes my family's finances »Demographic disparities persist through educationLike all areas of education, financial education suffers from disparities in school funding, which exacerbate racial inequality. As one instructor told the USBE auditors, "Financial literacy is critical to the financial wellbeing of our country. Financial education is under-resourced and undersupportedThe problems with financial education aren't surprising, given the lack of attention the subject receives from decision-makers. I'm glad I ignored mainstream financial advice »Financial literacy needs to include our history of inequalityPersonal finance media, gurus, and educators love to tout financial literacy as the missing puzzle piece to the American dream.
The digital nomad community has grown in tandem with the rise of remote work. Tayler GillThe Digital Nomad Village was established in February 2021 by the Regional Government of Madeira through Startup Madeira. "By the time we got there, the Digital Nomad Village was already pretty established," Gill told Insider. "Their whole thing was to build a community and foster that community for digital nomads coming in." It's easy for the village's digital nomads to socialize with each otherPonta do Sol's Digital Nomad Village isn't just a perch in the sun for folks with laptops.
Two killed as tornadoes, storms rip through Oklahoma
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +1 min
April 20 (Reuters) - At least two people were killed in McClain County, Oklahoma, as severe thunderstorms and tornadoes swept through several regions of Central U.S. late on Wednesday, local authorities said. The storms resulted in at least two fatalities with crews responding to several people injured and trapped in their homes, McClain County Emergency Management said in a Facebook post, urging residents to stay out of the affected areas. The National Weather Service (NWS) had issued warnings for severe thunderstorms, hail, and tornadoes for Wednesday into the night across parts of the Central U.S. including Oklahoma, Kansas and Iowa. Strong thunderstorms with severe weather potential were forecast for Thursday morning into the afternoon, according to the NWS. Almost 20,000 customers in Oklahoma remained without power as of early Thursday due to the storms, according to the website poweroutage.us.
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