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Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. Shares of Super Micro soared more than twentyfold over a two year period from early 2022 until their peak in March of this year. Super Micro has been one of the primary beneficiaries of the artificial intelligence boom, due to its relationship with Nvidia . On Monday, Super Micro announced that it was selling products featuring Nvidia's next-generation AI chip called Blackwell. Less than two weeks after the index changes were announced, Super Micro reached its closing high of $118.81.
Persons: Charles Liang, Ernst & Young, Nvidia's Organizations: Super, Computer Inc, Micro Computer, BDO, Nasdaq, SEC, Ernst, Deloitte, Touche, Micro, Mizuho, Nvidia, Super Micro, Dell, Hewlett Packard Enterprise, Hindenburg Research, Street, Department of Justice Locations: Taipei, Taiwan
Jack Black, who starred as Dewey Finn, is still a successful actor and musician. Jack Black in 2004 and 2023. Dave Hogan/Getty Image 2004 ; Albert L. Ortega/Getty Images 2023Prior to rocking out and pretending to be Mr. Schneebly in "School of Rock," Jack Black already had an impressive career. The actor also starred on HBO's "Tenacious D," which chronicled a fictionalized version of his rock duo with Kyle Gass. Outside of acting, Black and Gass have released several Tenacious D albums and videos.
Persons: Jack Black, Dewey Finn, Dave Hogan, Albert L, Ortega, Schneebly, He'd, Guy, HBO's, Kyle Gass, Black, Kong, Nacho, Kung, He's, Gass, Donald Trump, Mario, Ireland's JOE he'd, Mike White Organizations: Getty, of, School of, Mario Bros Locations: Orange
CNN —Tens of thousands of people have marched on the New Zealand parliament in Wellington to protest against a bill that critics say strikes at the core of the country’s founding principles and dilutes the rights of Māori people. The traditional peaceful Māori walk, or hīkoi, culminated outside parliament on Tuesday, where protesters implored lawmakers to reject the controversial Treaty Principles Bill that seeks to reinterpret the 184-year-old treaty between British colonizers and hundreds of Māori tribes. “Today is a show of kotahitanga (unity), solidarity and being one as a people and uphold our rights as Indigenous Māori,” marcher Tukukino Royal told Reuters. The Treaty Principles Bill was introduced by David Seymour, leader of the right-wing ACT New Zealand Party, which is a junior coalition partner with the ruling National and New Zealand First parties. Hīkoi leader Eru Kapa-Kingi told the crowd “Māori nation has been born” today and that “Te Tiriti is forever,” RNZ reported.
Persons: marcher Tukukino Royal, Sanka Vidanagama, , Māori disenfranchisement, David Seymour, Seymour, Te, , Eru Kapa, Kingi, Tiriti, ” RNZ Organizations: CNN, New, Police, Reuters, Getty, Zealanders, ACT New Zealand Party, New Zealand, Radio New Zealand Locations: New Zealand, Wellington, Zealand’s, AFP, Waitangi, Zealand’s Treaty, Māori, United States, British
At the time, she said, a doctor told her: “The only option for Derek is a face transplant.”Derek Pfaff with his mother, Lisa, before his face transplant procedure. Mayo ClinicPfaff, 30, is now one of just several dozen people in the world who have successfully received a life-changing face transplant. Among them are Aaron James, who received the world’s first whole-eye and partial face transplant, and Katie Stubblefield, who was the youngest person to receive a face transplant in the United States. Before his face transplant surgery, Derek Pfaff was missing several parts of his face. You are restoring, bringing in fully formed facial parts.”Dr. Samir Mardini led the medical team that performed Pfaff's face transplant in February.
Persons: CNN — Derek Pfaff, , , Pfaff, Jerry Pfaff, Derek Pfaff, Lisa Pfaff, Derek, ” Derek Pfaff, Lisa, Mayo Clinic Pfaff, Aaron James, Katie Stubblefield, “ There’ve, Samir Mardini, Mayo, Mardini, – they’re, it’s, ” Mardini, Dr, ’ Pfaff, , ” Pfaff, Sanjay Gupta, Lisa’s, ” Lisa, “ We’re Organizations: Lifeline, CNN, International Association for Suicide Prevention, Befrienders, Mayo Clinic, World Health Organization, US Centers for Disease Control, CNN Health, Detroit Lions football Locations: Harbor Beach , Michigan, United States, Rochester , Minnesota, Mayo
But China offers a unique diversification opportunity, said Bridgewater Associates' co-CIO. Bridgewater's China hedge fund added local stocks after Beijing's stimulus-driven rally. AdvertisementThis is largely due to lower correlations between different markets as countries turn inward, Prince told the media outlet. They are also lowering correlations across markets, Prince told SCMP. Bloomberg reported in October that Bridgewater's onshore China hedge fund was adding local stocks after a September stock rally following Beijing's aggressive stimulus.
Persons: Asia —, Bob Prince, Prince, SCMP, Ray Dalio, Donald Trump's Organizations: Bridgewater Associates, South China Morning, Reuters, Bloomberg Locations: China, Asia, North America, Europe, Bridgewater
Palmer wrote about their "unhealthy relationship" in her new memoir, "Master of Me." Keke Palmer is reflecting on her "unhealthy" relationship with ex-boyfriend Darius Jackson and why it had to end. In August 2023, Palmer seemingly referenced Jackson's comments in Usher's music video for 'Boyfriend'In Usher's music video, Palmer was seen wearing a white bathrobe and getting glammed up for a night out with friends. Later in the video, Palmer and Usher bumped into each other at a casino, wearing the same outfit. Palmer wrote about her relationship with Jackson in her memoir, 'Master of Me'In her book, Palmer writes about Jackson's reaction to her appearance at Usher's concert, calling it "unexpected."
Persons: Keke Palmer, Darius Jackson, Leodis Jackson, Palmer, could've, Jackson, Palmer's, Leo, Sarunas Jackson, Alejandro, Dro, who's, Issa Rae, Derek White, WireImage Palmer, they'd, Tamron, Bustle's Sylvia Obell, Obell, Palmer didn't, Leodis Andrellton Jackson, I'm, Gregg DeGuire, Usher, you've, it's, Pop Crave, Jackson trespassed, Jackson didn't, didn't, she's, we've, Gayle King, Libby Torres Organizations: Business, HBO, Las, Entertainment, Palmer, CBS Locations: gush, Jackson, Palmer, Pacific Palisades , California, Instagram
Interchange fees, also known as swipe fees, are paid from a merchant's bank account to the cardholder's bank, whenever a customer uses a credit card in a retail purchase. "In 2023 alone, Visa and Mastercard charged merchants more than $100 billion in credit card fees, mostly in the form of interchange fees," Durbin told the committee. Visa and Mastercard, however, stand by their swipe fees. But the current high credit card swipe fees for retailers translate to higher prices for consumers, the National Retail Federation told the committee in a letter ahead of the hearing. "Last year, the average American spent $1,100 in swipe fees, more than they spent on pets, coffee or alcohol."
Persons: Bill Sheedy, Linda Kirkpatrick, Democratic Illinois Sen, Dick Durbin, Durbin, Republican Kansas Sen, Roger Marshall, Ryan McInerney, Sheedy, Americas Linda Kirkpatrick, Dodd, Frank, Roger Alford, General Merrick Garland Organizations: Visa, Americas, Mastercard, Committee, Democratic Illinois, Republican Kansas, Credit, National Retail Federation, Notre Dame University Locations: Washington ,
Rafael Nadal serves during a French Open match in 2018. Al Bello/Getty Images Nadal, second from right, poses with other members of Team Spain after they won the Davis Cup in December 2004. Alessia Pierdomenico/Pool/Getty Images Nadal, center, listens to the Spanish national anthem after winning gold at the Beijing Olympics in August 2008. Julian Finney/Getty Images Nadal reacts after winning a Davis Cup match in December 2009. It was the final match of Federer’s career Julian Finney/Getty Images for Laver Cup Federer and Nadal tear up after their Laver Cup match.
Persons: CNN — Rafael Nadal’s, Nadal, Roger Federer, Botic van de Zandschulp, van de Zandschulp, Czech Jiri Novak, , ” Nadal, Carlos Alcaraz’s, Tallon Griekspoor, Wesley Koolhof, Alcaraz, Marcel Granollers, Rafael Nadal, Christophe Simon, Toni, Frank Coppi, Manuel Blondeau, Friedemann Vogel, Al Bello, Juan Carlos Ferrero, Tommy Robredo, Jordi Arrese, Carlos Moya, Clive Brunskill, Nick Laham, Mariano Puerta, Christophe Ena, AP, Dani Cardona, Philippe Chatrier, Federer, Anja Niedringhaus, Simon Bruty, Alessia, Chile’s Fernando Gonzalez, Serbia’s Novak Djokovic, Behrouz Mehri, Andrew Brownbill, AP Nadal, Juan Martin del Potro, Djokovic, Andy Murray, Fernando Verdasco, Nikolay Davydenko, Robin Soderling, Julian Finney, David Ramos, Iker Casillas, Alex Livesey, David Saffran, Ho, David Ferrer, Charles Platiau, Reuters Nadal, Suzanne Plunkett, Jaime Reina, Hannah Peters, Franck Fife, Stan Wawrinka, Daniel Leal, Aly Song, Philippe Lopez, Adrian Dennis, Daniil Medvedev, Eduardo Munoz Alvarez, Maria Francisca Perello, Fundacion Rafa Nadal, Fred Lee, Alexander Zverev, Thomas Samson, Casper Ruud, Spain’s King Felipe, Jesus Hellin, Laver Cup Federer, Ella Ling, Shutterstock Nadal, , ” Thibault Camus, Carl Lewis, Nadia Comăneci, Serena Williams, Alex Pantling, Spain's Carlos Alcaraz, Patricia de Melo Moreira, Manu Fernandez, “ Rafa, Carlos Alcaraz, Tuesday's, Van de Zandschulp, ” van de Zandschulp Organizations: CNN, Davis, Getty, Hamburg Masters, Miami Seaquarium, Team Spain, AP Nadal, Wimbledon, Federer, Spanish, Beijing, AP, FIFA, Nadal, Qatar, Qatar Tennis Federation, Reuters, Paris Masters, Mallorca ”, AFP, Fundacion, Camino, Spain’s, Europa Press, Laver, Laver Cup, Paris Olympics, Tuesday's Davis, Rafa Locations: Spain, Netherlands, Czech, AFP, Mallorca, France, Germany, Palma , Spain, Monaco, Doha, Qatar, Ho New, Rio de Janeiro, Paris, London, Málaga, Spanish
He was the founder of Apple Daily, a pro-democracy, anti-Beijing newspaper that was forced to shut down in 2021. The trial, which began in December 2023, is the most high-profile prosecution of a Hong Kong media figure since the city was handed over from British to Chinese control in 1997. Like all national security trials in Hong Kong, Lai’s trial does not have a jury and is presided over by three judges picked from a national security committee that is approved by Hong Kong’s leader. “Jimmy Lai is a key instigator of anti-China activities, and his collusion with external forces to disrupt Hong Kong and incite division is well-known,” China’s foreign ministry office in Hong Kong said in a statement last week. Reporters Without Borders (RSF) ranked Hong Kong at 135 out of 180 places in its annual press freedom ranking.
Persons: Jimmy Lai, hasn’t, Hong Kong’s, Joshua Wong, , Donald Trump, Lai, Keir Starmer, Xi Jinping, “ We’re, Jimmy Lai’s, ” Starmer, Xi, Daniel Suen, , Chiu Mei, “ Lai, , Chris Lau, CNN Lai, Trump Lai, Mike Pence, Trump, you’re, ” Lai, Hong, Anthony Kwan, John Lee, Lee, Trump’s, Hugh Hewitt, I’ll Organizations: Hong Kong CNN, Apple, White, Apple Daily, Getty, Hong, CNN, , ” Prosecutors, Kowloon Law, Trump, Beijing, Hong Kong . Police, ” Police, HK, Hong Kong Locations: Hong Kong, China, Britain, British, Brazil, AFP, Beijing, Kowloon, Washington, “ Hong Kong, China , Hong Kong, Hong
Forbes reported that the video was created by three AI studios — Secret Level, Silverside AI and Wild Card — using four different generative AI models. In a statement, a Coca-Cola spokesperson said, "The Coca-Cola Company has celebrated a long history of capturing the magic of the holidays in content, film, events and retail activations for decades around the globe. Coca-Cola will always remain dedicated to creating the highest level of work at the intersection of human creativity and technology." This isn’t the first time that Coca-Cola has used AI technology in its marketing strategies and programs. Tim DeStefano, a research professor at Georgetown University McDonough School of Business, told NBC News that using AI technology means a significant drop in the price of creating commercials.
Persons: Chris Barber, Alex Hirsch, , it’s, OpenAI, Neeraj Arora, ” Arora, Coke, Tim DeStefano, ” DeStefano Organizations: Forbes, Disney, Cola Company, University of Wisconsin, Georgetown University McDonough School of Business, NBC News Locations: Madison
Insufficient staffing, indiscriminate hiring practices, training failures, “tolerance of unacceptable behavior” and “not holding their staff members accountable” can imperil patients, the foundation said. Step one in VA hospitals’ sexual assault protocol involves providing “non-judgmental acknowledgement of incident,” noting important details and contacting VA police or local law enforcement. Two were at HCA hospitals and one was at a facility operated by nonprofit BayCare Health System. In one 2020 report involving HCA Florida West Tampa Hospital, the mother of a patient alleged her child had been molested. He said he has handled eight other cases involving sexual assaults at Florida hospitals over the past five years.
Persons: , Ray, ” Myers, Harlow Sumerford, Ryan Brown, Brown, Ray —, ” Brown, , Michelle Simpson Tuegel, Larry Nassar, George Tyndall, Michael Adno, BayCare’s, ” Mary Marandi, BayCare, Brianna Hammer, Jeovanni, Hammer, Hechavarria, Julie Love, Love, Donia Goines, Jaclyn Bevis, ” Ryan Fogg, Fogg, ” Paxton Greer, Jesse Barber, ’ Paxton Greer, Greer, Tyler Eoute, ” Greer, , ’ ” Greer Organizations: Citrus, HCA Florida Fawcett Hospital, Veterans Affairs, U.S ., HCA Healthcare, U.S . Marine Corps, USA, University of Southern, Citrus Hospital, NBC, West Florida, HCA, Health, HCA Florida West Tampa Hospital, Adult Protective Services, West Tampa Hospital, Plant Hospital, of Health, Department of Health, Coral Hospital, Lee, Cape Coral Hospital, Coral, HCA’s Trident Medical, Trident Medical, NBC News Locations: Port Charlotte, Citrus, University of Southern California, Gulf Coast, Florida, West, Fort Myers Florida, West Palm Beach , Florida, Charleston , South Carolina
WASHINGTON — Congress faces a Dec. 20 deadline to fund the government and avert a shutdown, and Speaker Mike Johnson says House Republicans will probably push the fight into early 2025 rather than reach a full-year funding deal this year. And then then we should be actually working on the next year’s appropriations.”But even if they push the fight to early 2025, Republicans won’t have full control over spending decisions. Government funding legislation is subject to the 60-vote threshold in the Senate, which top Republicans have promised to preserve. That means they’ll have to reach a deal with Democrats, who currently control the Senate and want to pass full-year funding this year, not in 2025. “The bottom line is we’ve got to control spending and not allow there to be a runaway spending bill in December,” he said.
Persons: Mike Johnson, , We’re, ” Johnson, Donald Trump’s, you’d, Donald J, Trump, Robert Aderholt, there’s, it’ll, ” Aderholt, Trump’s, ” Sen, John Boozman, ” Boozman, Republicans won’t, Patty Murray, Susan Collins, We’ve, I’ve, , Pete Aguilar, “ Mike Johnson, Chip Roy, Boozman Organizations: WASHINGTON, “ Fox, Democrats, , Committee, Republicans, NBC, GOP, CRs Locations: WASHINGTON —, Maine, Texas
The White House on Monday joined city, state and Jewish community leaders in Ohio condemning a small group who marched through Columbus on Saturday chanting racial slurs and white nationalist slogans while carrying Nazi flags. Neo-Nazis — their faces hidden behind red masks — roamed streets in Columbus today, carrying Nazi flags and spewing vile and racist speech against people of color and Jews," Ohio gov. Shannon Hardin, Columbus City Council president, said on X that the community "rejects their pathetic efforts to promote fear and hate," adding that he was in touch with law enforcement. Columbus City Attorney Zach Klein said on X he was also in contact with police over the march and said his office would monitor the group involved. "Take your flags and the masks you hide behind and go home and never come back," he said.
Persons: Biden abhors, Andrew Bates, Anne Frank, Mike DeWine, Shannon Hardin, Donald Trump, Trump, Karoline Leavitt, Zach Klein, Lee Shapiro, Shapiro, Christopher Pohlhaus, Oren Segal Organizations: Monday, NBC, North Arts, NBC News, Columbus City Council, , Columbus, American Jewish Committee, Trump, Nazi, ” Police, Defamation League Center, Extremism, New York Times, Hate Locations: Ohio, Columbus, United States, Michigan, Charlottesville , Virginia, Springfield , Ohio, Springfield, Louis
The idea is to help Ukraine hold on to Kursk for as long as possible, the official said. : Biden’s decision comes at one of the most perilous moments for Ukraine in a war that has raged for nearly 1,000 days. Thousands of North Korean troops have been deployed to support Moscow’s effort in Kursk, while Russian troops are making significant gains on the eastern frontlines in Ukraine. The shift in policy also comes as Biden prepares to make way for President-elect Donald Trump. Trump has said he could settle the war in one day, without saying how he would do so.
Persons: Joe Biden, Chip Somodevilla, Biden, Donald Trump, “ Trump, Trump Organizations: White, Getty, Kyiv, Ukraine Locations: Washington ,, Ukraine, Russia, Moscow, Kursk, Russian, United States
Beyoncé is expected to perform at the halftime show for the Christmas Day matchup between the Houston Texans and Baltimore Ravens, which will be streaming live on Netflix. The streaming service announced the game's halftime performance in a statement Sunday. The album included contributions from artists including Dolly Parton, Willie Nelson, Miley Cyrus, Post Malone and Shaboozey, among others. The streaming service said it hopes the holiday matchups become a tradition. Netflix said it will livestream the Kansas City Chiefs' game against Pittsburgh Steelers starting at 1 p.m.
Persons: Beyoncé, Netflix livestreams, Cowboy Carter, Dolly Parton, Willie Nelson, Miley Cyrus, Post Malone, Shaboozey, DeVille, Mike Tyson, Jake Paul, , ” Beyoncé, Bruno Mars Organizations: Houston Texans, Baltimore Ravens, Netflix, Texans, Ravens, NRG, Coldplay, Super, NFL, Kansas City Chiefs, Pittsburgh Steelers Locations: Beyoncé's, Houston, New Orleans, Santa Clara , California
The 30-year-old, Hillsborough, New Jersey, native started playing piano and saxophone in elementary school and continued playing in various school bands through high school. Nelson has since built a bustling career as a live performer, playing piano and saxophone at "an average of 80 events a year," he says, mostly weddings. By fall 2019, after reaching out to local New Jersey DJ companies to let them know he was interested in playing events, he was "doing about two, sometimes three" events per weekend, he says. Jason Nelson playing sax at a wedding. Jason Nelson playing sax at a wedding.
Persons: Jason Nelson, Nelson, Michael Romeo Organizations: Rutgers University, Barnes & Noble College, DJ, New Jersey DJ, Fox Photography Locations: Hillsborough , New Jersey, New Jersey
That's due to a recent contraction in the money supply, which preceded past downturns, he told NYSE TV Live. The US economy is still likely to slow into a recession next year — and Trump's election victory may have just made the economic outlook even more challenging, according to top economist Steve Hanke. AdvertisementM2, one class of the money supply, shrank from mid-2022 to March 2024, according to Federal Reserve data. The M2 money supply started to re-expand this year, rising 2.47% year-per-year at the end of September. Trump's protectionist economic policies also impose a "big negative" for the economy, Hanke said.
Persons: Steve Hanke, downturns, Johns Hopkins, who's, That's, Hanke, Trump Organizations: NYSE TV, NYSE, Federal Reserve, Real Locations: Atlanta
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. Shares of Super Micro soared more than twentyfold over a two year period from early 2022 until their peak in March of this year. Super Micro has been one of the primary beneficiaries of the artificial intelligence boom, due to its relationship with Nvidia . Super Micro was added to the S&P 500 in March, reflecting its rapidly growing business and then-soaring stock price. Less than two weeks after the index changes were announced, Super Micro reached its closing high of $118.81.
Persons: Charles Liang, it's, Ernst & Young, Nvidia's Organizations: Super, Computer Inc, BDO, Nasdaq, SEC, Ernst, Deloitte, Touche, Nvidia, Super Micro, Dell, Hewlett Packard Enterprise, Micro, Hindenburg Research, Street, Department of Justice Locations: Taipei, Taiwan
AdvertisementTrump picked Elon Musk and Vivek Ramaswamy to co-lead DOGE, a new government efficiency commission. Their aim is to cut government spending, and one idea they've floated is to ax federal agencies. Almost half a million people were employed in the Department of Veterans Affairs, while the Department of Education had just over 4,000. Most departments had six-figure average salaries, with the Department of Education and the Department of Energy having the highest averages. AdvertisementWhile DOGE can advise Trump on agencies to cut, the president-elect cannot act on it alone — making major changes to federal agencies would require congressional approval.
Persons: Elon Musk, Vivek Ramaswamy, they've, Elon, Ramaswamy, Karoline Leavitt, Vance, Trump, Musk, Ronald Reagan Organizations: Trump, GOP, Government, Fox News, Management, Department of Veterans Affairs, of Education, Treasury Department, Internal Revenue Service, Department of Education, Department of Energy, Washington DC, Grace Commission, Social Security, Medicare, Social, asheffey Locations: Elon Musk's, Washington, Grace
Caroline Kennedy, US ambassador to Australia, speaks during the AFR Business Summit in Sydney, Australia, on Tuesday, March 7, 2023. Robert F. Kennedy Jr.'s views on vaccines are "dangerous" and rejected by his family, U.S. Ambassador to Australia Caroline Kennedy said of her cousin, whom President-elect Donald Trump has picked to lead the Department of Health and Human Services. Caroline Kennedy offered the remarks as she prepared to leave her post, making way for the incoming Trump administration. Caroline Kennedy, 66, is the only surviving child of former Democratic President John F. Kennedy and first lady Jacqueline Kennedy Onassis.
Persons: Caroline Kennedy, Robert F, Kennedy Jr, Australia Caroline Kennedy, Donald Trump, I'm, Bobby Kennedy's, Trump, John F, Kennedy, Jacqueline Kennedy Onassis Organizations: Summit, Ambassador, Department of Health, Human Services, National Press Club of Australia, RFK Jr, Democratic Locations: US, Australia, Sydney, U.S
CNN —The elusive deep-water oarfish – considered to be a harbinger of bad news – was spotted yet again on the shores of Encinitas, California. “We took samples and froze the specimen awaiting further study and final preservation in the Marine Vertebrate Collection,” Ben Frable, manager of the Scripps Oceanography Marine Vertebrate Collection, said in the post. “Like with the previous oarfish, this specimen and the samples taken from it will be able to tell us much about the biology, anatomy, genomics and life history of oarfish,” Frable said in the post. The fish was found in good condition according to the release, and it was taken in for examination and preservation to become a part of the organization’s Marine Vertebrate Collection. “It may have to do with changes in ocean conditions and increased numbers of oarfish off our coast,” Frable said.
Persons: Alison Laferriere, ” Ben Frable, ” Frable, ” Scripps, Santa Ana, , Dahiana Organizations: CNN, Scripps Institution of Oceanography, University of California, Scripps, National Oceanic, Atmospheric Administration Fisheries Service, Southwest Fisheries Science, Scripps Oceanography, Obscura, Ocean Conservancy, GeoScience Locations: Encinitas , California, Grandview Beach, San Diego, Japan’s, Japan, Ocean, La Jolla, Huntington Beach, Santa
CNN —Pope Francis has said that allegations of a genocide in Gaza should be “carefully investigated” marking some of his strongest criticism yet of Israel’s war in the territory. “According to some experts… what is happening in Gaza has the characteristics of a genocide,” Vatican News, the Holy See’s official news outlet, cited the pontiff as writing in a forthcoming book. Pope Francis rarely comments on politics, often limiting his remarks to calls for peace. He lamented that “unarmed civilians are targets for bombs and gunfire” in Gaza and invoking scripture on war. Israel’s war in Gaza has killed more than 43,000 Palestinians, the ministry of health there says, and has flattened large swathes of the territory, triggering a humanitarian crisis.
Persons: Pope Francis, , Hope, Yaron, , Omar Al, Saudi Arabia’s Crown Prince Mohammed bin Salman, Israel Organizations: CNN, Vatican, Vatican News, United Nations ’ International Court of Justice, Getty, ICJ, Hamas, UN, Saudi Arabia’s Crown Locations: Gaza, Israel, South Africa, Pretoria, Jabaliya, AFP, Parish
Shares of Samsung Electronics jumped on Monday after the company unveiled a surprise plan to buy back about 10 trillion South Korean won ($7.19 billion) worth of its own stock over the next 12 months. Samsung last bought back shares in November 2017, according to data maintained by LSEG. In a regulatory filing, the company said that 3 trillion won of shares will be bought back in the next three months and canceled. While the repurchase of the remaining 7 trillion won worth of shares will be "authorized accordingly by the Board, which will decide on ways to enhance shareholder value, including when and how to use the treasury shares," it added. According to South Korean media, SK Hynix is the first chipmaker in the world to supply fifth-generation HBM3E chips in March to Nvidia.
Persons: Donald Trump, — CNBC's Arjun Kharpal Organizations: Samsung Electronics, South Korean, South, Samsung, LSEG, Board, SK Hynix, Nvidia, CNBC Locations: Seoul, South Korean
AdvertisementChina's KFC and Pizza Hut CEO said that she sits and watches her customers eat. Joey Wat, the head of KFC and Pizza Hut in China, has an unusual approach to designing new products: She sits in restaurants for hours, watching her customers eat. Wat is the CEO of Yum China, the company that owns KFC, Taco Bell, Pizza Hut, and other fast-food brands in the country. According to Yum China, KFC is China's most popular fast-food chain, with over 11,000 outlets in the country. Representatives of Yum China didn't respond to a request for comment from Business Insider.
Persons: Jason Buechel, LVMH's Bernard Arnault, Joey Wat, Wat, Fortune, Sam Walton, Laxman Narasimhan, foodie, Buechel, Bernard Arnault, Celine, Louis Vuitton, Christian Dior, Alexandre Arnault Organizations: Pizza, KFC, Yum, Taco Bell, Global, New York City, Walmart, Starbucks, Foods, Tiffany, Bloomberg, Business Locations: China, Yum China, New York, Austin
GUANGZHOU, CHINA - NOVEMBER 15, 2024 - Visitors view a Xiaomi SU7 Ultra new energy vehicle at 2024 Guangzhou Auto Show in Guangzhou, South China's Guangdong province, Nov 15, 2024. Revenue came in at 92.5 billion yuan ($12.77 billion) for the quarter ended Sept. 30, beating an LSEG consensus estimate from 15 analysts of 91.1 billion yuan. The unit reported an adjusted loss of 1.5 billion yuan for the quarter, with a gross profit margin of 17.1%. During the quarter, Xiaomi maintained its position as the world's third-largest smartphone maker with shipments of 42.8 million units, up 3% and capturing 14% of the market, according to research firm Canalys. Xiaomi reported adjusted net profit climbed 4.4% to 6.25 billion yuan, versus a consensus estimate of 5.92 billion yuan.
Persons: Xiaomi Corp, Xiaomi Organizations: Show, Publishing, Getty Images, Xiaomi, Porsche, China EV, Revenue, Huatai Securities Locations: GUANGZHOU, CHINA, Guangzhou, South China's Guangdong, China
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