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The U.S. Embassy in Lebanon was targeted with gunfire early on Wednesday, and an attacker was wounded before being arrested, the country’s army said. The embassy said that no staff had been harmed in the attack and that Lebanese security forces and the embassy’s security team had responded to “small-arms fire” near the entrance of the fortified compound, which overlooks the Lebanese capital, Beirut. The embassy added in its statement that the episode was under investigation. The Lebanese army said that in response it had deployed troops around the embassy. Security forces blocked the road leading to the embassy, the country’s state news agency reported.
Organizations: U.S, Embassy, Security Locations: Lebanon, Beirut
A War on the Nile Pushes Sudan Toward the Abyss
  + stars: | 2024-06-05 | by ( Declan Walsh | Ivor Prickett | ) www.nytimes.com   time to read: +1 min
The national film archive was blown open in battle, its treasures now yellowing in the sun. Artillery shells soar over the Nile, smashing into hospitals and houses. Khartoum, the capital of Sudan and one of the largest cities in Africa, has been reduced to a charred battleground. Another nine million have been forced from their homes, making Sudan home to the largest displacement crisis on earth, the United Nations says. Fueling the chaos, Sudan has become a playground for foreign players like the United Arab Emirates, Iran, Russia and its Wagner mercenaries, and even a few Ukrainian special forces.
Persons: Wagner Organizations: Nations, United Arab Locations: Khartoum, Sudan, Africa, United Arab Emirates, Iran, Russia
Even as the Biden administration renewed its push for a cease-fire in the Gaza Strip on Wednesday, Prime Minister Benjamin Netanyahu of Israel threatened “very intense”military action against Hezbollah in Lebanon. “Whoever thinks he can hurt us and we will respond by sitting on our hands is making a big mistake,” he said, according to the Israeli government. “We are prepared for very intense action in the north.”Against the backdrop of escalating tensions on the Israel-Lebanon border, the C.I.A. director, William J. Burns, met on Wednesday with top Qatari and Egyptian officials in the latest effort to broker a deal to end the fighting in Gaza and free the hostages taken captive during the Hamas-led attack on southern Israel on Oct. 7. Mr. Burns met in Doha with the Qatari prime minister, Mohammed bin Abdulrahman Al Thani, and the chief of Egypt’s General Intelligence Service, Abbas Kamel, according to an official briefed on the matter, who spoke on the condition of anonymity to discuss the closed-door encounter.
Persons: Biden, Benjamin Netanyahu, Israel, Netanyahu, , William J, Burns, Mohammed bin Abdulrahman, Abbas Kamel Organizations: Qatari, Egypt’s General Intelligence Service Locations: Gaza, Lebanon, Israel, , Doha, Mohammed bin Abdulrahman Al Thani
As the politics and legality of the Biden administration's new executive action to ban asylum seekers who cross the US-Mexico border illegally continue to play out, migrants are battling deadly, triple-digit heat as they attempt to cross into the US near El Paso, Texas. USBP warned that people crossing should consider the risks involved due to extreme heat and triple-digit temperatures. BP agents work tirelessly to save lives, but the safest option is not to attempt the crossing,” USBP said. “A heat advisory has been issued for portions of El Paso, Dona Ana, and Hudspeth counties for Wednesday and Thursday. !,” the NWS El Paso office said in a forecast message.
Persons: Tragically, ” USBP, USBP, Dona Ana, Taylor Ward Organizations: Biden, US Border Patrol, El Paso Sector, Facebook, National Weather Service, NWS El, CNN Locations: Mexico, El Paso , Texas, El Paso, NWS El Paso
CNN —A cyberattack on a contractor to England’s National Health Service has forced several major hospitals in London to cancel operations, blood tests and appointments and send patients elsewhere. King’s College Hospital, Guy’s and St Thomas’ have all been affected, as have numerous primary care providers in the UK capital, a spokesperson for the National Health Service (NHS) said Tuesday. The hospitals and providers affected are all partnered with Synnovis, a company that provides lab services to the NHS. Mark Dollar, the CEO of Synnovis, said the company was “incredibly sorry for the inconvenience and upset this is causing to patients, service users and anyone else affected. We are doing our best to minimize the impact and will stay in touch with local NHS services to keep people up to date with developments.”
Persons: Thomas ’, Oliver Dowson, Thomas ’ –, , , Vanessa Welham, Ciaran Martin, ” Martin, Mark Dollar Organizations: CNN, National Health Service, King’s College Hospital, Synnovis, NHS, Royal, Guy’s, Gracefield, Cyber Security, Cyber Operations Locations: London, Guy’s, Royal Brompton, Streatham
Read previewThis as-told-to essay is based on a conversation with Jim Ward, a 61-year-old who works in cybersecurity and moved from Dallas, Texas, to Knoxville, Tennessee, in 2022. AdvertisementAfter 20 years of living in the Dallas-Fort Worth area, my wife and I finally escaped to Tennessee two years ago. As far as geography goes, in the Dallas area, the terrain is predominantly flat with few trees. HUM Images/Universal Images Group via Getty ImagesWhile living in Texas, I had a job that required a lot of traveling. AdvertisementOur quality of life has improved in TennesseeThere are certainly several similarities between Tennessee and Texas, but I also see a lot of differences.
Persons: , Jim Ward, There's, LeConte, Kevin Ruck, that's, we've Organizations: Service, Ward, Dallas, Business, DFW, Love, Getty, Dallas Fort Worth International Airport, Dallas Love Field, Houston, Tennessee Theatre Locations: cybersecurity, Dallas , Texas, Knoxville , Tennessee, Houston, Dallas, Texas, Fort Worth, Tennessee, Plano, Irving, Highland Village, Virginia, North Carolina, Highland, Knoxville, We're, Smoky
He also warned that the death of any Filipino citizen at the hands of another country in the South China Sea would be “very close” to an act of war. It is also a rare opportunity to hear from, and pose questions to, senior Chinese military leaders. Robert Ward, IISS Japan chair, told CNN he felt Dong’s tone was “more shrill” than he’s seen in previous speeches by Chinese defense chiefs at the gathering. “The strategic environment in Asia has actually got more tense and I think we saw that in the Chinese defense minister’s speech today,” Ward said. “Every year for three years, a new Chinese defense minister has come to Shangri-La,” the official told CNN.
Persons: Dong Jun, ” Dong, , Xi Jinping, Dong, Lloyd Austin, ” China’s, , Lai Ching, China, Ferdinand R, Marcos Jr, Austin –, China “, Robert Ward, he’s, ” Ward, they’ve Organizations: Singapore CNN, Taiwan, National Defense, Communist Party, Democratic Progressive Party, China’s Defense Ministry, South China, Austin, International Institute for Strategic Studies, CNN, US Locations: Singapore, Beijing, Taiwan, United States, China, Taiwan Strait, East, South, South China, Philippines, , American, The Hague, Philippine, Ukraine, Dong, Russia, Asia, Pacific, Japan
And as of Wednesday, Josh Gibson will replace Cobb as the leading hitter in the official records of the game. Thorn estimated that about 75 percent of all Negro Leagues box scores have been documented, and that MLB would update the records as more are uncovered. To some extent, Negro League numbers will always be a work in progress. Barnstorming games, essential as a financial lifeline to Negro League teams, are not included in the statistics. The scheduled games range from 26 (Negro American League, 1942) to 91 (Negro National League I, 1927).
Persons: Abner Doubleday, Tyrus Raymond Cobb, Doubleday, Josh Gibson, Cobb, , Larry Lester, , Ty Cobb, Oscar Charleston, Rogers, Jud Wilson, Ed Delahanty, Buck Leonard, Ted Williams, John Thorn, Thorn, ” Lester, I’ve, Gibson, Chino Smith’s, Hugh Duffy’s, Chino Smith, Hugh Duffy, Charlie Blackwell, Ross Barnes, Willie Keeler, Rogers Hornsby, Tetelo Vargas, Vargas, — Lyman Bostock Sr, Bostock, Ted Williams ’, Sean Forman, Ty, Lester, Gary Ashwill, Kevin Johnson, Seamheads, ” Thorn, Elias, Babe Ruth, Lou Gehrig, Oscar, Barry Bonds, Jimmie Foxx, Ed Walsh, Addie Joss, Mordecai Brown, John Ward, Christy Mathewson, Rube Waddell, Walter Johnson, Dave Brown, Tommy Bond, White, Willie Mays, Mays, Bullet Rogan, Turkey Stearnes, ’ ” Lester, Simon Bruty Organizations: Major, Baseball, Negro Leagues, MLB, , Negro League, Negro, Rogers Hornsby, Turkey Stearnes, Louis Cardinals, San Francisco Giants, Kansas City Monarchs, American, National Leagues, Negro American League, Negro National League I, Boston, New York Cubans, Twins, Red Sox, Sports, Birmingham Black Barons, Graphics, Retrosheet, Oscar Charleston, Barry, Major League Baseball, Birmingham, Giants, Mets Locations: Turkey, Birmingham, Ala, Chicago, Moline, Washington ,
CNN —Josef Newgarden used a scintillating last-lap pass to win the Indianapolis 500 on Sunday for the second consecutive year in a race that started four hours late due to extreme weather. We worked our tails off,” Newgarden told race broadcaster NBC. “Absolutely, they can say whatever they want after this point, I don’t care any more,” Newgarden said after the Indy 500. The Indy 500 regularly shares a date with the famous Monaco Grand Prix, known as the “crown jewel” of the Formula One calendar. Michael Conroy/AP“(Racing at 50) was always my goal, but I don’t want to just ‘do it’,” he told Indy Star.
Persons: CNN — Josef Newgarden, I’m, , ” Newgarden, Pato O’Ward, Arrow McLaren, Hélio Castroneves, Roger Penske, ” Josef Newgarden, AJ Mast, Tom Blomqvist, Mark J, Newgarden, O’Ward, , , “ It’s, ” O’Ward, Scott Dixon, ” Dixon, Charles Leclerc, Kyle Larson, Larson, ” Larson, Justin Allgaier, Christopher Leduc, Allgaier, John Andretti, Robby Gordon, Tony Stewart, Kurt Busch, Castroneves, Michael Conroy Organizations: CNN, Indianapolis, NBC, Indycar, USA, Sports, Reuters, Team Penske, IndyCar, Indy, Monaco, Larson NASCAR, NASCAR, Indy Star Locations: Indianapolis, St . Petersburg , Florida, Monte Carlo, Indiana, North Carolina, Larson’s
Josef Newgarden completed a daring pass to the outside of Pato O’Ward on the final lap to win the rain-delayed Indianapolis 500 on Sunday. As Newgarden and O’Ward sped down the frontstretch taking the white flag, O’Ward completed a slingshot pass of Newgarden, who then attempted his own slingshot pass as they raced into Turn 3. Josef Newgarden and Pato O’Ward battled to the end in the 108th running of the #Indy500. AdvertisementAnd Newgarden certainly earned the win Sunday, completing a bold pass that will go down in racing lore. The race had 48 lead changes, which is the fourth-most in Indianapolis 500 history (out of 108 races).
Persons: Josef Newgarden, Pato O’Ward, Newgarden, Hélio Castroneves, O’Ward, Scott Dixon, Alexander Rossi, Alex Palou, 0QqbcbnfYl, “ Pato, Pato, , Arrow McLaren, Wilbur Shaw, Mauri Rose, Bill Vukovich, Al Unser Sr, Kyle Larson, Ryan Hunter, Reay, Larson, Borg, — Jordan Bianchi, Indy, Newgarden’s elation, Jeff Gluck, Justin Casterline Organizations: Borg, Warner, INDYCAR, NBC, Indianapolis, Castroneves, NASCAR, Team Penske, Penske, Indy, Drivers Locations: Mexican, O’Ward, Charlotte, Indianapolis
Rudolph W. Giuliani and 10 other allies of Donald J. Trump are scheduled to be arraigned on Tuesday in an Arizona criminal case that charges them with trying to keep Mr. Trump in power after he lost the 2020 presidential election. A total of 50 people — including Mr. Trump, who has locked up the Republican nomination in the 2024 presidential race — now face charges related to election interference in four states. A number of Trump allies have already pleaded guilty or reached cooperation agreements in cases in Georgia and Michigan. The other defendants include Christina Bobb, a Trump campaign adviser in 2020 who is now the election integrity counsel for the Republican National Committee, and Kelli Ward, a former head of the Arizona Republican Party. All of the defendants in the Arizona case are charged with conspiracy, fraud and forgery.
Persons: Rudolph W, Giuliani, Donald J, Trump, , Christina Bobb, Kelli Ward, Boris Epshteyn, Trump’s, Mark Meadows Organizations: Republican, Trump, Republican National Committee, Arizona Republican Party, White House Locations: Arizona, Georgia, Michigan, Phoenix
Phoenix CNN —Rudy Giuliani and 10 others pleaded not guilty in an Arizona court Tuesday to charges of allegedly conspiring to overturn the 2020 presidential election results. Giuliani was served Friday in Palm Beach, Florida, at his 80th birthday bash held by a GOP operative. Arizona prosecutors spent weeks trying to track down Giuliani and eventually found him based on some of his podcasts. That evening, Giuliani posted a tweet saying that “if Arizona authorities can’t find me by tomorrow morning” they would have to dismiss the indictment. “I haven’t been hiding from anyone,” Giuliani told the judge during Tuesday’s hearing.
Persons: Phoenix CNN — Rudy Giuliani, Giuliani, Donald Trump, Christina Bobb, Trump, , Mike Roman, Kelli Ward, John Eastman, Mark Meadows, Boris Epshteyn, Jenna Ellis, ” Giuliani, Nicholas Klingerman, Giuliani “, Klingerman, can’t, , , I’ve, Donald Trump ’, didn’t Organizations: Phoenix CNN, New, GOP, Republican National, Arizona Republican, White House, Trump Locations: Arizona, New York, Palm Beach , Florida, Florida, France, Netherlands
The condition of a 9-year-old boy she had been caring for had deteriorated sharply, and he had been intubated, one doctor reported. Dr. Luch told her colleagues her theory. They warned her that if she set off the bird flu warning system, many senior government officials might get involved. Anxious but increasingly certain, Dr. Luch phoned the local public health department, located just across the street. At 8 p.m., Cambodia’s National Public Health Laboratory confirmed Dr. Luch’s suspicion: He had died of highly pathogenic avian influenza.
Persons: Sreyleak Luch, , Luch, Virun, Virun’s Organizations: Public Health Laboratory Locations: Kratie, Cambodia, Phnom Penh
Why BORG drinks are dangerous for you
  + stars: | 2024-05-20 | by ( Terry Ward | ) edition.cnn.com   time to read: +6 min
CNN —If you’ve been to a party lately and haven’t seen someone drinking a BORG, you’re likely not partying with college students. As the drink’s name suggests, “it’s intended to get you extremely drunk.”What Lembke calls the BORG’s “social contagion factor” makes it even more dangerous. BORG posts starring gallon jugs with punny names such as Captain Borgan, Our Borg and Savior, Borgan Donor and Borgan Wallen proliferate on TikTok. Thinking along those lines is part of what makes BORGs potentially dangerous to the people turning to them as a party drink, Lembke said. The fact that BORGS are usually sweetened with a diluting agent such as electrolyte drinks or water flavor enhancers only makes them more dangerous, she said.
Persons: you’ve, haven’t, you’re, BORG, , Anna Lembke, Sabrina Grimaldi, ” Grimaldi, “ it’s, , Grimaldi, Kelly Xiong, Zers, Kelly, ” Xiong, Virginia, Borgan, Borg, Lembke, ” Lembke, It’s, who’s, Terry Ward Organizations: CNN, Capital Poison Center, Stanford University in, University of Pittsburgh, University of Massachusetts Amherst, National Institutes of Health, NIH Locations: Washington ,, Stanford University in California, millennials, Virginia, Tampa , Florida, United States, ” Florida, Tampa
Read previewThe first time Johnny Ward went to Chiang Mai, Thailand, he was 22. Johnny Ward on a scooter in front of his house in Chiang Mai, Thailand. But after traveling the world, Ward realized that Chiang Mai still had his heart. Johnny Ward/onestepforwardWard said he spent 13 million Thai baht building the home and another 3.5 million Thai baht furnishing it, or about $460,000 in total. It would have been difficult for him to have all the things he wanted if he had bought an existing home in Chiang Mai, Ward said.
Persons: , Johnny Ward, Chiang, Ward, Chiang Mai, James Bond, onestepforward, Jaa, he's, onestepforward Ward, hadn't, I'm, She's, it's Organizations: Service, Business, Homes, James Edition Locations: Chiang Mai, Thailand, Asia, Australia, Miami, Ibiza, Ireland, Homes Thailand, onestepforward
On March 18 1990 the museum fell prey to history’s biggest art heist. Here are five things that make the Isabella Stewart Gardner Museum, and its famous theft, so interesting. Sean Dungan/Courtesy Isabella Stewart Gardner Museum, BostonWhy commit history’s greatest art heist and leave without the priciest piece in the museum? John Wilcox/Boston Herald/Getty ImagesWhy would “Corsican mobsters,” as CNN correspondent Randi Kaye described them in the programme, be interested in robbing a Boston art museum? “That’s how these things get stolen.”How It Really Happened’s “Gardner Art Heist: Stealing Beauty” premieres on CNN Sunday 19 May, at 9pm ET/PT.
Persons: , Andy Warhol’s, Frida Kahlo’s, Isabella Stewart Gardner, Vermeer, Rick Abath, Gardner, ” Stephan Kurkjian, ” Gardner, Julia Ward Howe, Ethel Smyth, Emmeline Pankhurst, Smyth, John Singer Sargent, Gardener, Mona Lisa, Titian, theives, Sean Dungan, Napoleon, Rembrandt, Bob Wittman, John Wilcox, Randi Kaye, ” Kaye, ” Kelly Horan, Myles Connor, , theif Myles Connor, George Rizer, Connor, Al Dotoli, Frank Sinatra, Liza Minelli, Dotoli, Dionne Warwick —, ” Horan, , Ryan McBride, ” Wittman, “ Gardner Organizations: CNN, The Museum, Modern Art, Salvador, Isabella Stewart Gardner Museum, 9P, Boston, Boston Symphony Orchestra, Red Sox, Boston Globe, Storm, FBI, Museum of Modern, Art, Boston Herald, Boston’s Museum of Fine Arts, Getty Locations: New York, Boston, America, Red, Europa, London, Galilee, Corsica, Nice, Corsican, Maine
My condolences go out to the families that lost a loved one during yesterday’s severe weather event,” Gonzalez said. Over 531,000 customers in Harris County remain without power early Saturday following the line of storms, according to PowerOutage.us. “Isolated to scattered severe thunderstorms appear possible across portions of the Southeast and Carolinas on Saturday, and parts of the Upper Midwest,” the center said. The greatest chances for severe weather are across parts of Nebraska and Kansas, with a slight level 2 of 5 risk of severe thunderstorms issued by the Storm Prediction Center. By the end of the weekend, thunderstorm chances will diminish for most of the Southeast and Mid-Atlantic, the weather service said.
Persons: Samuel Peña, Harris County Sheriff Ed Gonzalez, Gonzalez, ” Gonzalez, David J, Phillip, , Houston Mayor John Whitmire, ” Whitmire, Logan Riely Organizations: CNN, Houston Fire, Harris County Sheriff, Authorities, CenterPoint Energy, National Weather Service, Houston Mayor, Carolinas, Storm Prediction Locations: Houston, Southeast, Gulf, Harris County, Cypress , Texas, City, Texas, Louisiana, Houston , Texas, Mexico, Carolinas, Midwest, Plains, Nebraska, Kansas
The hospital staff, like many in Haiti right now, are doing the best they can with what little they have. "We have had no significant medical supplies delivered in weeks." Food has also been tough to come by, although the World Food Programme has been trying to fill in the gaps. But its supplies are dwindling, too, and there have been shortfalls in donor funding for the UN's Humanitarian Response Plan. Clarke was able to return to the capital of Port-au-Prince earlier this month via a World Food Programme helicopter.
Persons: Giles Clarke, Petit, Frere Arabella, Jacob Burns, Médecins, Clarke, , Ariel Henry Organizations: Justinien University, Food Programme, Contractors Locations: Cap, Haïtien, Haiti, Caribbean, Port, Kenya
It has been operating a postal service in England since the reign of Henry VIII. EP Group has until May 29 to convert its £3.5 billion ($4.4 billion) non-biding offer into a formal bid for IDS. The likely sale would come after a difficult few years for Royal Mail, which was privatized in 2013. ‘As British as it gets’The potential buyout of Royal Mail has stirred anxieties about the consequences of the iconic British institution coming under foreign ownership. “Royal Mail is an important national asset that would benefit from being able to take a longer-term view,” the firm said.
Persons: Henry VIII, Daniel Křetínský, Křetínský, Patrik Tkáč, Rishi Sunak, Kemi Badenoch, Dave Ward, , ” Ward, Jonathan Reynolds, ” Ivana Kottasová Organizations: London CNN — Royal Mail, Distribution Services, IDS, Royal Mail, UK Department for Business, Trade, CNN, Bloomberg, Equity Investment, Newsweek, West Ham United Football Club, Reuters, Communication Workers Union, Labour Party, Royal, Labour Locations: England, Czech, British, United States, FNAC, France, United Kingdom, West
Hijazi tells her story in a faint voice lying in a hospital bed in Doha, Qatar’s capital. Hijazi was evacuated from Gaza for medical treatment a month after her injury. Doctors Hasan Abuhejleh and Ahmed AlSaadi inspect Gaza patients at the Hamad hospital in Doha, Qatar. Like many patients coming out of Gaza, she has a drug-resistant infection picked up in the territory’s struggling hospitals. Despite the different outcome of their pregnancies, Alqutati and Hijazi describe a similar despair that shackles them to the horrors of the war in Gaza.
Persons: Raneem Hijazi, Azzouz, , Khan Younis, , Mariam, cesarian, Hijazi, , ’ ” Hijazi, hasn’t, I’ve, Hasan Abuhejleh, Ahmed AlSaadi, Hamad, Sanjiv Talreja, Ola, Darren Bull, Shaimaa Al, Ghoul, Hothaifa, Mohamed, Abdullah, Shahed Alqutati, Ali, ‘ Ali, , ‘ Shahed, Sham, Alqutati, I’ll, ” Hijazi Organizations: Doha CNN, CNN, Hamad Hospital, United Nations, Shifa Locations: Qatar, Doha, Gaza, Qatar’s, Egypt, orthopedics, Israel, Rafah, Territories, Sabha, Al, Gaza City
Members of gang Kraze Baryé in Port-au-Prince, Haiti, in April 2024. Stopping the flow of guns to Haiti would likely have an immediate impact on the bloodshed, according to police and human rights experts. “We have to cut the gangs’ weapons supply lines. Vitel'homme Innocent walks with armed members of Kraze Baryé in Port-au-Prince, Haiti, in April 2024. CNNAn ‘iron river’ from the United StatesThe guns Haiti’s gangs wield are a mix of stolen and smuggled, and the United States is by far the main source of the latter, according to UN experts.
Persons: Prince, Prince CNN —, they’ve, don’t, , Pierre Esperance, William O’Neill, Ariel Henry, ” Sylvie Bertrand, Innocent, Vitel'homme Innocent, Kraze, UNODC, Joly Germine –, Mawozo –, Mariani, Izo, Andre Johnson, ” Esperance, Bertrand Organizations: Prince CNN, , CNN, Human Rights Defense Network, Kenyan, UN, Rights, Drugs, United, US, of Alcohol, Tobacco, Firearms, Explosives, Miami, ATF, Haitian National Police, Customs, Cap Haitien . Drugs, Episcopal, ” CNN, Homeland Security Investigations, US Department of Homeland Security, US Department of Commerce’s, Export Enforcement, National Police, Haiti’s, Customs Administration Locations: Port, Dominican Republic, Bahamas, Caicos, British, Florida, Haiti, Prince, Caribbean, , Israel, Turkey, Czech Republic, Brazil, United States, Latin America, Texas , Louisiana, Georgia, Gonave ., South America, Jamaica, Haiti’s, Cap Haitien, Haitian, Esperance
CNN —Many people love their ultraprocessed foods. More than 70% of the US food supply is made of ultraprocessed food. But a diet heavy in ultraprocessed food isn’t good for us, science has shown. Eating ultraprocessed foods raises the risk of developing or dying from dozens of health conditions, according to a February review covering nearly 10 million people. The no-fly list of ultraprocessed food is loaded with store-bought chips, sugar-packed yogurts and candy-filled trail mix.
Persons: Skip, Al Bochi, Casey Barber’s, Suzy, Karadsheh, Bochi’s, Parfaits, CNN’s Sandee LaMotte, Madeline Holcombe Organizations: CNN, Food and Agriculture Organization, United Nations, Olive, Olive Tree Nutrition Locations: Olive Tree
Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double, even as the automaker was shifting resources away from the money-losing unit. Despite the volume increases, Ford Model e saw losses widen in Q1 to $1.32 billion on just $100 million in quarterly sales. Ford's hybrid sales in April rose almost 60% to 17,997 units. We believe a buyback would be a catalyst for Ford stock just like it has been for General Motors , which announced its repurchase plan back in November. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Michael Ward, Ford's, BEV, Ford, Ward, Jim Farley, Jim Cramer, That's, We're, Jim Cramer's, Jim, Danielle DeVries Organizations: Ford, Freedom Capital, Ford Model, ICE, Ford Blue, Ford Pro, General Motors, CNBC, New York Locations: EBIT
FTX founder Sam Bankman-Fried, who was convicted on seven counts, gave an interview from prison to Puck. SBF told Puck he spends his days in a large dormitory room with 35 other men. He said he lives off beans and rice purchased from the commissary, and his rice is now prison currency. AdvertisementSam Bankman-Fried has a new currency to trade in prison at the Metropolitan Detention Center in Brooklyn. He told Puck that he has not been abused and does not "fear for his safety."
Persons: Sam Bankman, SBF, Puck, , Fried, William D, Cohan, Cromwell, Damian Williams, Crypto, FTX Organizations: Service, Metropolitan Detention, Alameda Research, Puck News, Bureau of Prisons, Business, Sullivan Locations: Puck, Brooklyn, Alameda
CNN —Many adults heard the phrase “Robux” for the first time last holiday season when the virtual currency of gaming platform Roblox landed on the top of most wish lists. And it will have to prove to Wall Street there’s more growth up ahead. In its fourth quarter of 2023, Roblox revenue was $750 million, up 30% year-over-year – but had a net loss of $323.7 million. Like Fortnite, Roblox is also moving ahead with a“payout to creators” business model. “It’s clear that [Roblox] intends to go after younger gamers in 2024 and 2025,” Ward said.
Persons: , Roblox, Matilda Beinat, Lindsey Nicholson, UCG, David Baszucki, Ralph Lauren, Mike Proulx, Forrester, , ” Proulx, Michael Nagle, ” Beinat, Lewis Ward, ” Ward, Ward Organizations: CNN, Investors, ABI Research, , Gaming Center, Costco, Brookhaven RP, Nike, Walmart, New York Stock Exchange, Bloomberg, Getty, Apple’s, IDC, Disney, Pixar, Marvel, Star Wars Locations: Asia, Roblox, New York, Fortnite
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