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

Search resuls for: "Contingent"


25 mentions found


CNN —The most uncancellable person in US History — iconic American singer, songwriter and actress, Dolly Parton — has been caught in the crosshairs of cancel culture. Have the haters run afoul and gone and ruined Dolly Parton as the magical unifier that she has long been known for? But Dolly Parton slid through over the past years, decades even, largely unscathed by the polarization and division. Indeed, the pitchforks coming for Dolly Parton serve as an apt reminder of America’s decline and sheer terror of the evitability of civil war. That is, if we can heal from this episode and uncancel Dolly Parton.
Persons: Allison Hope’s, Dolly Parton —, Barbie, Parton, Allison Hope, Allison Hope Parton, Ericka Andersen, ” Andersen, , Dolly, , Dolly Parton, “ Jolene, Taylor Swift, Kanye West, , Dolly Patron, “ Jolene ” Organizations: CNN, Yorker, The New York Times, Washington, Federalist, Democratic, Twitter, Alabama hillbillies Locations: Slate, Switzerland, Conservative, Covid, California, Forge , Tennessee, America
His biggest advice for those wanting to become culinary directors is to work hard and care about the customer. Jeffrey MacMillan/The Washington Post/Getty ImagesWhile Paquette's culinary background helped him get to where he is, he says a strong work ethic is still the most important trait. "I've watched a number of people come through, many that did have a background in formal culinary education, and then many that just had worked their way through the ranks," he said. "My response to that is, 'Work hard. This is what I want to do with my career and how I want to grow.'
Persons: Jeffrey MacMillan, I've Organizations: The Washington Post
Australia's Albanese, China's Li hold 'candid' talks
  + stars: | 2024-06-17 | by ( ) www.cnbc.com   time to read: +3 min
China's Premier Li Qiang (L) and Australia's Prime Minister Anthony Albanese shake hands during a signing ceremony at Parliament House in Canberra on June 17, 2024. This dialogue has allowed us to build a deeper awareness of our respective interests," Albanese said in opening remarks. After the meeting, Li told reporters the leaders held a "candid, in-depth and fruitful meeting and reached a lot of consensus". Albanese told reporters after the meeting the two countries had revitalized engagement and he was "determined to keep growing our relationship where we can." watch nowOn regional issues, he had told Li that "Australia advocates that we should all work together to promote a regional balance where no country dominates and no country is dominated".
Persons: Li Qiang, Anthony Albanese, Lukas Coch, Li, Xi Jinping, " Albanese, Albanese, Gong, Tenzin Wougyal Organizations: Australia's, House, AFP, Getty Locations: Canberra, Australian, Beijing, Australia, China, Hong Kong
Under an 80-year-old treaty, the United States and Mexico share waters from the Colorado River and the Rio Grande, respectively. They say the lack of water from Mexico is propelling them into crisis, leaving the future of farming in the balance. Pain in both countriesThe water from Mexico goes to the Falcon and Amistad Reservoirs which straddle the border and provide water to homes as well and farms. To rely only on storms to reduce water scarcity would make Mexico “totally exposed to what nature decides about our water future,” UNAM’s Magnaña Rueda said. Ultimately, there needs to be a recognition that water sharing agreements must adapt to a changing climate, Rueda said.
Persons: Biden, Maria Elena Giner, , , Alfonso Cortez Lara, Giner, “ There’ll, Paul Ratje, Vianey Rueda, Rueda, , ” Rueda, Pain, Amistad, Falcon, Brian Jones, Carlos Kosienski, Jones, Monica De La, ” De, ” De La Cruz, Ted Cruz, John Cornyn —, , Victor Magaña Rueda, Salvador Alcántar, ” Alcántar, Jose Luis Gonzalez, Sarah Porter, Claudia Sheinbaum, “ We’ve, ” UNAM’s Magnaña Rueda, ” Giner, we’re, Nobody’s, ” CNN’s Brandon Miller, Jack Guy Organizations: CNN, Texas, Water Commission, College of, Rio, Reuters, University of Michigan, American Free Trade, Falcon, “ Farmers, Texas Farm Bureau, Growers, Republican, National Autonomous University of Mexico, Farmers, National Guard, Mexican National Guard, Kyl, for Water Policy, Arizona State University, Locations: United States, Mexico, Colorado, Rio, South Texas, Rio Grande, Rocky, Gulf of Mexico, Fort Quitmen, Presidio , Texas, , Mexican, Chihuahua, Las Cruces , New Mexico, Reuters Mexico, Amistad, Rio Grande Valley, Texas, Hidalgo County , Texas, Rio Grande Valley . Texas, Starr County , Texas, Monica De La Cruz, ” De La, La, Camargo , Chihuahua
Kerem Shalom sits at the intersection of Gaza, Egypt and Israel, which controls the gateway. The Israeli military later clarified that the pause would be limited and that there would be “no cessation of fighting in the southern Gaza Strip.”“The fighting in Rafah is continuing,” Rear Adm. Daniel Hagari, the Israeli military spokesman, said on social media. Distributing that aid, Israeli officials said, would be contingent on relief agencies, on whom they called to pick up the supplies. Aid groups have said that the Israeli military’s activity in southern Gaza has made distributing aid nearly impossible. Data compiled by the U.N. show that the number of aid trucks entering southern Gaza remains well below the levels before the incursion in Rafah.
Persons: Salah al, Kerem Shalom, Daniel Hagari, Israel Organizations: Hamas, United Nations Locations: Gaza, Israel, Kerem, Egypt, Rafah, Kerem Shalom, United States, Qatar
The Sticking Points That Kept Russia and Ukraine ApartRussia and Ukraine failed to agree on a range of critical issues when they held peace talks in the spring of 2022. Russia’s Position Russia demanded that Ukraine never join NATO or other alliances; host foreign military bases or weapons; or conduct military exercises with other countries without its consent. Russia’s Position Russia agreed to much of Ukraine’s security guarantees proposal but with key exceptions. Russia’s Position Russia’s stance has also fluctuated. Russia’s Position But Russia’s definition of “denazification” shifted quickly after its initial invasion failed.
Persons: Vladimir V, Putin, , Volodymyr Zelensky, Russia’s, Organizations: The New York Times, NATO, European Union, Ukraine’s, Crimea ”, Ukraine, Mr, Russia’s, ” International, United Nations Locations: Russia, Ukraine, United States, France, China, guarantors, Belarus, Turkey, Territory, Crimea, Moscow, Ukrainian, Russian
CNN —As world leaders gather in Italy for a summit addressing entrenched global crises, Pope Francis hosted an international gathering of a different sort on Friday to broadcast his own message – of the importance of humor. The leader of the Catholic Church hosted the equivalent of a conclave of comedians in the Vatican by inviting Whoopi Goldberg, Jimmy Fallon, Julia Louis-Dreyfus, Chris Rock, Stephen Colbert, Conan O’Brien and others to the Vatican. Over 200 people were in the audience at the Apostolic Palace, with more than 100 comedians from 15 countries. You denounce abuses of power; you give voice to forgotten situations; you highlight abuses; you point out inappropriate behavior,” Pope Francis added. US President Joe Biden, a Catholic who has a warm relationship with Francis, is among the leaders expected to be present at the gathering.
Persons: Pope Francis, Whoopi Goldberg, Jimmy Fallon, Julia Louis, Dreyfus, Chris Rock, Stephen Colbert, Conan O’Brien, Goldberg, Louis, Pope, ” –, ” Pope Francis, , Joe Biden, Francis, Francis ’, Tig Notaro, Jim Gaffigan, Colbert, Fallon, O’Brien, CNN’s Christiane Amanpour Organizations: CNN, Catholic Church, Catholic, Venice Biennale Locations: Italy, Ukraine, Venice, Vatican
The 38-point margin of victory is the third-largest in NBA Finals history. Advertisement“We had to play our A game — it was this or we go on vacation,” Dallas coach Jason Kidd said. The Mavericks trail 3-1, and no team has ever come back to win an NBA playoff series after losing the first three games (0-for-156; 0-for-14 in the finals). Only three halftime deficits are larger than those 26 points in the history of the NBA finals. Do it the next one.”Dereck Lively II was huge off the bench for Dallas in the Game 4 win!
Persons: Luka Dončić, ” Dallas, Jason Kidd, , ake Organizations: DALLAS, Dallas Mavericks, NBA, Dallas, Mavericks, Boston Celtics, LUKA DONCIC 🔥 Locations: lier
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of Japan 'more likely than not' to hike interest rates in July, says strategistPrashant Newnaha of TD Securities says this is "heavily contingent" on the level the Japanese yen is trading at against the U.S. dollar.
Persons: Prashant Newnaha Organizations: Email Bank of Japan, TD Securities, U.S .
“Hamas could have answered with a single word – yes,” he said. “It’s time for the haggling to stop and a ceasefire to start. Hamas submitted its reply to the multi-phased ceasefire and hostage release proposal to mediators on Tuesday. According to a senior State Department official, Blinken, who was in Amman at the time, dispatched two of the senior staff traveling with him to retrieve Hamas’ response from Egyptian Intelligence Chief Abbas Kamel, who was also in the Jordanian capital. Izzat al-Rishq, a member of the Hamas political bureau, described their response as “responsible, serious and positive.”CNN’s Becky Anderson, Hamdi Alkhshali and Benjamin Brown contributed to this report.
Persons: Antony Blinken, ” Blinken, , “ Israel, Benjamin Netanyahu, , Jake Sullivan, , Israel, Blinken, Abbas Kamel, ” CNN’s Becky Anderson, Hamdi Alkhshali, Benjamin Brown Organizations: CNN, US National, UN, State Department, Egyptian Locations: Gaza, Doha, Israel, , Egypt, Jordan, Qatar, Amman, Jordanian, Izzat
Goats work as caddies at this Oregon ranch
  + stars: | 2024-06-11 | by ( Jack Bantock | ) edition.cnn.com   time to read: +7 min
A three-month evaluation process sees potential caddies as young as six months old scouted on their friendliness and physical aptitude. David ZaitzProtecting the rich diversity of flora and fauna across the 140,000-acre ranch is at “the heart of everything” at Silvies, Campbell says. “We figured when we built it that we had the lowest carbon footprint of any modern course,” Campbell added. Not all courses situated within flourishing natural settings are so fortunate – one Arizona club’s run-in with a squadron of pig-like creatures last year cost it upwards of $200,000 in damages. The habitats of such animals are preserved by the Oregon Natural Desert Association, a nonprofit supported by tips from golfers to Silvies’ very-own goat caddies.
Persons: it’s, Dr, Scott Campbell, ” Campbell, , , Seamus Golf –, Chunky, Mulligan, Harry, Charlie, Jack –, Bruce LeGoat, Bruce, Mike LeChevon, , Egan, “ It’s, Campbell, David Zaitz, Dan Hixson, Silvies Organizations: CNN, Venture, Desert Association Locations: Eastern Oregon, Oregon, Silvies, St . Andrews, Scotland, Arizona
CNN —Sardinia, Italy (CNN) – Uruguay at the 1950 World Cup. Cameroon at the 1990 World Cup. Lewandowski celebrates scoring his team's second goal during the Qatar 2022 World Cup Group C match against Saudi Arabia at the Education City Stadium in Al-Rayyan, west of Doha on November 26, 2022. “I think we are playing good football [and] we know that we are not the favourites in the group stage. “They were fighting [a] similar situation before the World Cup and they were so close and now they did it,” he said.
Persons: Robert Lewandowski, CNN’s Sport’s Amanda Davies, Valeriy Bondar, Adam Nurkiewicz, Fernando Santos, , Estadi Olimpic Lluis Companys, Alex Caparros, who’ll, , , Austria –, Lewandowski, Andrej Isakovic, Boris Streubel, Gerd Müller’s, He’ll, Kylian, wasn’t, , he’ll, Andriy Shevchenko, Joosep Martinson, you’ve Organizations: CNN, , Cameroon, Globe Soccer, Stadion Narodowy, La Liga, FC Barcelona, Real Sociedad, Estadi, Wales, France, eventual, Portugal, Saudi, Education City, Getty, Borussia Dortmund, Bayern Munich, Bayern, League, Austria, Kylian Mbappé’s, Champions League, Ukrainian, PGE, Russia, Qatar, Sergiy, Iceland, Romania Locations: Sardinia, Italy, – Uruguay, Greece, Poland, Ukraine, Warsaw, Europe, Michał, Moldova, Albania, Barcelona, Spain, Germany, Netherlands, Austria, Qatar, Saudi Arabia, Al, Doha, AFP, Dortmund, Berlin, German, Poland’s, Kylian Mbappé’s France, Russia, Slovakia, Belgium
The house from the 1990 movie "Home Alone" has found a buyer in less than a week. The owners bought the five-bedroom home for $1.6 million in 2012 and listed it for $5.25 million. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Johnsons listed it for $5.25 million with Coldwell Banker Realty's Dawn McKenna Group. This story is available exclusively to Business Insider subscribers.
Persons: , Trisha, Tim Johnson, Dawn McKenna Organizations: Service, Coldwell Banker, Business Locations: Chicago, Winnetka , Illinois
Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity company popped 9% after posting a strong outlook and a first-quarter results beat. Dollar Tree — Shares of the discount retailer fell more than 4% after second-quarter guidance came in below expectations. Dollar Tree said it expected between $1 and $1.10 in adjusted earnings per share, while analysts surveyed by FactSet had penciled in $1.19 per share. Verint reported adjusted earnings of 59 cents per share on revenue of $221.3 million in the first quarter. Analysts surveyed by LSEG had anticipated just 54 cents in earnings per share and $214.5 million in revenue.
Persons: CrowdStrike, LSEG, FactSet, Kerrisdale, Brown, Forman, Verint, Tommy Hilfiger, PVH, Fadi Chamoun, Goldman Sachs, Goldman, KeyBanc, Lisa Kailai Han, Pia Singh, Yun Li, Sean Conlon, Jesse Pound, Samantha Subin Organizations: Hewlett Packard Enterprise, GameStop, AMC, Kerrisdale, FactSet, SAP, Archer Aviation, Federal Aviation Administration, Systems, Materials, KLA, Barclays, Taiwan Semiconductor Manufacturing, Authentic Brands, Old Dominion, BMO Capital Markets, Nvidia, America's, Jazz Pharmaceuticals Locations: China
Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including a contingent cash consideration, the company announced on Wednesday. The company expects to receive net proceeds of $900 million from the deal, the release says. As of the end of the first quarter of 2024, Champion generated around $75 million of adjusted EBITDA over the past 12 months. The agreement, which the Hanesbrands' board of directors approved unanimously, comes months after the company said it was considering a sale of Champion. CNBC reported in November 2023 that Authentic Brands Group and fellow brand management firm WHP Global were both interested in buying Champion.
Persons: Hanesbrands, Bill Simon Organizations: Authentic Brands, CNBC, Brands Group, WHP Global, Barington Capital Group
Wisconsin is the latest state to bring charges against people connected to the former president involved in the broad effort to overturn the presidential election results. “We hereby reaffirm that Joseph R. Biden, Jr. won the 2020 presidential election and that we were not the duly elected presidential electors for the State of Wisconsin for the 2020 presidential election,” a portion of their statement said. “We oppose any attempt to undermine the public’s faith in the ultimate results of the 2020 presidential election.”Chesebro was previously charged, and pleaded guilty, in the Georgia probe. This undercut his testimony to state prosecutors in which he said the fake electors were contingent on winning the litigation. Chesebro discussed the episode with Wisconsin investigators when he sat for an interview as part of the attorney general’s probe into the fake electors plot.
Persons: Donald Trump, Kenneth Chesebro, Jim Troupis, Michael Roman, Tony Evers, , Chesebro, CNN’s KFile, Joe Biden’s, Trump, , Joseph R, Biden, Jr, ” Chesebro, Jack, Trump . Roman, Troupis, Mike Pence, CNN’s Marshall Cohen, Katelyn Polantz, Alison Main Organizations: CNN, Trump, Troupis, Democratic Wisconsin Gov, ” CNN, State, Trump ., White, Wisconsin, Wisconsin GOP Locations: Wisconsin, Michigan , Arizona , Nevada, Georgia, , Arizona, Michigan, Washington, DC, Milwaukee
Fifteen Canadian veterans, including three or four that fought on D-Day, are traveling with the Canadian delegation, according to John Desrosiers, the director of international operations for Veterans Affairs Canada. US D-Day veterans attend an event at the Normandy American Cemetery and Memorial as part of the 79th anniversary D-Day celebrations on June 6, 2023. American and Canadian organizers told CNN that they will seat veterans last at their respective national ceremonies to keep them comfortable. The general public at the American event, for example, may need to be seated about an hour in advance due to security precautions. American troops march up from Omaha Beach on June 18, 1944.
Persons: Jake Tapper, , Jack Foy, Foy –, Foy, ” Foy, , Michel Delion, Mark, Katherine Sibilla, , Charles Djou, John Desrosiers, Desrosiers, Christopher Furlong, Joe Biden, Rishi Sunak, Justin Trudeau, Vladimir Putin, Volodymyr Zelensky, King Charles III, Queen Camilla, Prince William, Buckingham, Djou, Tom Schaffer, John Pinkerton, Schaffer, Gareth Fuller, Hitler, Ben, ” Brands, “ There’s Organizations: CNN, Chief Washington, Democracy, France CNN —, Mission, Joint Chiefs of Staff, Monuments Commission, Canadian, Veterans Affairs Canada, Cemetery, Memorial, British, French Interior Ministry, Defense, Underwood Archives, Ben Brands, , US Department of Veterans Affairs Locations: Caen, France, Ukraine, Europe, Normandy, US, United States, Belgium, Monaco, Netherlands, Norway, British, Ver, Mer, Omaha, Sword, Utah, Omaha and Utah, Nazi Germany, Omaha Beach, Germany, Colleville, Canada, American
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor GOP lawmakers on Capitol Hill, former President Donald Trump continues to wield immense power over their political futures. AdvertisementFormer President Donald Trump at his criminal hush-money trial in New York. But in a decidedly Democratic state like New York, Biden is likely to gain some ground ahead of the election. AdvertisementAcross the country, suburban voters were already turning away from Trump even before his conviction — as former UN Ambassador Nikki Haley has continued to win significant blocs of GOP voters even after suspending her presidential campaign in March.
Persons: , Donald Trump, Trump, Stormy Daniels, Marc Molinaro, Anthony D'Esposito, Biden, Steven Hirsch, Mike Lawler, Attorney Alvin Bragg, Letitia James, Kathy Hochul, hyperpartisan, Nick LaLota, Hochul, Robert F, Kennedy Jr, it's, Nikki Haley Organizations: Service, Capitol, Business, Republicans, New York Police Department, Attorney, hyperpartisan New York Democrats, GOP, New York State, Emerson, Trump, Republican, New York House Republicans Locations: New York, New York City, Hudson, Manhattan, D'Esposito's, Democratic, Long, Trump
Finland's F/A-18 Hornets — which used to be the US Navy's standard fighter — are already compatible with NATO air forces. This puts several squadrons of stealth fighters on Russia's northern border, with the potential to penetrate and suppress Russian air defenses, and hit vital targets. "Both Finland's and Sweden's proximity allows NATO air forces to stage closer to the Baltics. Similarly, Sweden's Gotland island — located almost midway in the Baltic, about 60 miles from the Swedish mainland and 80 miles from the Baltic States — provides NATO with an advanced outpost. Their air forces are vital for this Nordic push, and will become very useful to further deter and defend the increasingly contested arctic space with Russia."
Persons: Paul Cormarie, John Hoehn, Sweden's JAS, Finland's, Ian Valley, Hoehn, Cormarie, Michael Peck Organizations: Service, NATO, RAND, Corp, Modern, Institute, Business, Nordic, Gripen, UK's Royal Air Force, Finnish Air Force, US Army, , Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Finland, Sweden, West, Russia, Finnish, Swedish, France, Germany, Warsaw, Poland, Europe, Rovaniemi, US Army Sweden, Baltic States, Baltic, Norway, Norwegian, North, Estonia, Latvia, Lithuania, Gotland, , Pacific, United States, Taiwan, China, Forbes
The Japanese government chief spokesperson did not say how often Chinese ships entered Japan’s territorial waters, though foreign ships are allowed “innocent passage” through such waters. A contiguous zone extends another 12 nautical miles beyond a country’s territorial waters, the area that stretches 12 nautical miles from the shore. Foreign warships are allowed into contiguous zone waters – so the Chinese Coast Guard hasn’t broken any international agreements – but the continuous presence of the Chinese vessels there is seen as a provocation. It has frequently dispatched China Coast Guard and other government vessels to the waters around the islands to assert those claims. Hayashi, the Japanese government spokesperson, said Monday that Tokyo is answering the Chinese presence around the islands with vessels of its own.
Persons: Tokyo’s, , Yoshimasa Hayashi, Hayashi, Fumio Kishida, Li Gongmin, , ” James Brown, ” Hayashi, Lai Ching, China’s, Thomas, Ferdinand Marcos Jr, Thomas Shoal, CNN’s Himari Semans Organizations: South Korea CNN, China Coast Guard, East China, Chinese Coast Guard, Ministry, Temple University, CNN, Coast Guard, Communist Party Locations: Seoul, South Korea, East, Japan, China, Tokyo, Japanese, China’s, Beijing, United States, Washington, Taiwan, Philippines, South China, Philippine, Singapore
Read previewA friend recently said that living in Southeast Asia was akin to winning one of Willy Wonka's golden tickets. AdvertisementIt's been 14 years since the author arrived in Southeast Asia. Yet Western media obsessions — US presidential elections and divisive identity politics, to name but two — are not given the same relentless prominence here. I've not lived in Scotland since 2007, and the axis of my life — wife and son, friends, work networks, clients — is almost entirely Asia-orientated. We are heading back to Scotland this July, and I can't wait to catch up with friends and family and show my son Alex the Highlands for the first time.
Persons: , Willy Wonka's, batty, Mr Wonka, Thailand's, It's, Duncan Forgan, kao, he's, Chiang Mai, Alexander, I'm, Alex the Organizations: Service, Business, South, Tamil Nadu, Royal, Alex the Highlands Locations: Southeast Asia, Bangkok, Chinatown, Thai, Jok, Ojo, Thailand, Vietnam, Asia, Pacific, soi, South, Western Australia, Scotland, London
The decision by Microsoft to link executive compensation to successful cybersecurity performance is another is prompting discussions at other firms. One change the tech giant is making in response: linking executive compensation more closely to cybersecurity. In recent years, many Fortune 500 companies, including Apple, have added bonus pay tied to ESG metrics. The conversations about cybersecurity-linked executive pay have started taking place at other companies since Microsoft made its move, according to Aalap Shah, managing director at executive compensation consultant Pearl Meyer. Madnick's research shows that gaps in corporate culture are often culprits in high-profile hacks, not just the Microsoft example.
Persons: Brad Smith, Charlie Bell, Aalap Shah, Pearl Meyer, It's, I've, Shah, , Stuart Madnick, Madnick, Ryan Kalember, unavoidability, Jen, Kalember, ransomware, Mike Doonan, Doonan Organizations: Microsoft, U.S, Hill, Google, U.S . Department of Homeland, Initiative, Microsoft Security, Team, Companies, Fortune, Apple, MIT, Infrastructure Security Agency, CNBC, Technology, State Department Locations: China, Russia, cybersecurity, U.S
XLU 1M mountain Utilities stocks have risen sharply in May. Woodard identified other ETFs and stocks that could benefit from increased energy consumption and investment in the electric grid. Miners should retain pricing power given constrained capacity after a decade of underinvestment," the Bank of America note said. Bank of America is positive on the Global X Uranium ETF (URA) , which offers exposure to both physical uranium and miners. Bank of America did not include a utilities ETF in the note, but the firm has a buy rating on Xcel Energy, among such stocks.
Persons: Jared Woodard, Woodard, ruddy, — CNBC's Michael Bloom Organizations: Bank of America . Investment, Utilities, Bank of America, Miners, Companies, VanEck Oil Services, Halliburton, Uranium, Xcel Energy Locations: Freeport, McMoRan
China has sent dozens of coast guard and maritime militia vessels toward a disputed atoll in the South China Sea, a large show of force aimed at blocking a civilian protest flotilla from the Philippines, as tensions between the countries have flared. The Filipino group organizing the flotilla of about 100 small fishing boats, led by five slightly bigger ones, said it wanted to assert the Philippines’ claims to Scarborough Shoal, an atoll controlled by Beijing that is closer to Manila. But even before the motley Philippine fleet set out on Wednesday morning, China deployed a formidable contingent of much bigger government-run ships to the area, an intimidating escalation of its frequent assertions of control over vast expanses of sea far from its mainland. “What we’re seeing this time, I would say, is definitely of another order,” said Ray Powell, the director of SeaLight, a group that monitors the South China Sea. “I think that the China Coast Guard is concerned that they’re going to try to sort of get too close and so they’re sending an overwhelming force.”
Persons: , Ray Powell Organizations: Philippine, China Coast Guard Locations: China, South China, Philippines, Scarborough, Beijing, Manila
Shares of Novavax jumped as much as 50% on Monday as Wall Street cheered the company's new multibillion-dollar deal with French drugmaker Sanofi that sparked a dramatic turnaround for the struggling vaccine maker. Novavax's stock almost doubled on Friday after it announced the licensing agreement with Sanofi. Under the agreement, Sanofi will take a less than 5% stake in Novavax. Sanofi, one of the world's largest vaccine makers, will co-market Novavax's Covid vaccine in most countries starting in 2025. The deal also allows Sanofi to use Novavax's Covid shot and flagship vaccine technology, Matrix-M adjuvant, to develop new vaccine products.
Persons: Novavax, Sanofi, John Jacobs Organizations: French, Sanofi, Novavax, CNBC Locations: Novavax
Total: 25