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☆ Putin looms over a third successive US election
▼ + stars: | 2024-02-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —“Russia, Russia, Russia.”Ex-President Donald Trump’s scathing catch phrase for a torrent of investigations during his administration also serves as an apt catch-all for the current meltdown over Moscow roiling US politics. But Russia and its leader, whom President Joe Biden described as a “crazy S.O.B.” at a Wednesday fundraiser, won’t go away. All the ways Putin is playing in US politicsPutin is advancing Russian interests against the US on multiple fronts. Putin recently formalized his warming ties with North Korean tyrant Kim Jong Un by presenting him with a new limousine. The Russian leader was particularly incensed by the US-led operation to topple Libyan leader Moammar Gadhafi in 2011.

Persons: CNN —, ”, Donald Trump’s, Joe Biden, won’t, Vladimir Putin, Putin, Ukraine –, –, Alexander Smirnov, “, Trump, Smirnov, Biden, it’s, Putin can’t, ” Douglas, Alexey Navalny, Biden lambasts Trump, ” Biden, Volodymyr Zelensky, Ronald Reagan, Mikhail Gorbachev, he’s, he’d, Mike Turner, Ksenia, Paul Whelan –, Evan Gershkovich, Geopolitically, Kim Jong Un, George W, Bush, Barack Obama, Moammar Gadhafi, Hillary Clinton, Robert Mueller, “ We’ll, Mueller Organizations: CNN, Kremlin, United States, European NATO, ”, Moscow, House Republicans, GOP, CIA, NATO, Republican Party, Republicans, Republican, Trump, Marine, Wall Street, Putin, Biden, US, Democratic Locations: Russia, Moscow, United States, China, Soviet, East Germany, United, Ukraine, Russian, European, Washington, Asia, Sweden, Finland, Berlin –, Europe, Ukrainian, California, North Korea, Iran, Crimea, Helsinki, Geneva

☆ How a century-old investment firm with $288 billion in assets identifies the companies set to dominate much of the stock market's outperformance, according to one of its fund managers
▼ + stars: | 2024-02-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

It's also a short-sighted approach as far as Baillie Gifford, an investment management firm with $288 billion under management, is concerned. Advertisement"Our investment approach is bottom up," said Gemma Barkhuizen, an investment manager at the firm and one of the decision-makers on the Baillie Gifford Long Term Global Growth Fund. Another example is Nvidia, which is the largest holding within the long-term fund at 1.22%. A bottom-up, stock-picking strategyThe research framework that is the bedrock of the filtering process for the long-term fund looks at 10 key variables. What societal considerations are most likely to prove material to the long-term growth of the company?

Persons: —, It's, Baillie Gifford, Baillie Gifford's, Gemma Barkhuizen, Barkhuizen, Baillie, Roblox, that's, it's, aren't, isn't Organizations: Service, Business, PDD Holdings, Nvidia, Companies Locations: China

Wholesale prices spiked in January, rising 0.3% and above expectations in yet another sign that maybe inflation is proving harder to put to rest than the markets and the Federal Reserve had hoped. Economists had expected a 0.1% monthly increase in both the overall producer price index – a measure of prices paid by businesses – and the core, which leaves out often volatile energy and food costs. Increases in shelter costs accounted for more than two-thirds of the increase in the main index, although food prices also increased while energy costs fell. Investors had bought into the notion of the Federal Reserve cutting interest rates in May, but that was called into question by the stronger-than-expected news on inflation. “When will the recession start?” asks Peter Berezin, chief global strategist at BCA Research in a report out Friday morning.

Persons: ”, Clark Bellin, John Ingram, Chris Giamo, Giamo, “, Peter Berezin Organizations: Federal Reserve, Labor Department, PPI, CPI, Dow Jones, Investors, ”, Crestwood Advisors, “, TD Bank, BCA Research Locations: U.S

☆ The Fight Over Academic Freedom
▼ + stars: | 2024-02-16 | by ( Jennifer Schuessler | ) www.nytimes.com time to read: +1 min

Academic freedom is a bedrock of the modern American university. For many scholars, the biggest danger is at public universities in Republican-controlled states like Florida, where Gov. But at some elite private campuses, faculty have increasingly begun organizing against a very different threat. Over the past year, faculty groups dedicated to academic freedom have sprung up at Harvard, Yale and Columbia, where even some liberal scholars argue that a prevailing progressive orthodoxy has created a climate of self-censorship and fear that stifles open inquiry. And it has also scrambled the politics of academic freedom itself.

Persons: Ron DeSantis Organizations: American, Republican, Harvard, Yale, Columbia Locations: Florida, Israel

☆ Second Trump Presidency Would Axe Biden Climate Agenda, Gut Energy Regulators
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +7 min

Much of that work could go up in smoke if his likely rival Donald Trump beats him at the polls in November, according to Republican policy advisers. Reuters spoke with a dozen Republican policy consultants and former Trump administration officials who are helping lay the groundwork for a second Trump presidency to sketch out the administration's likely approach to energy and environmental issues. Trump formally withdrew the U.S. during his first term in office but Biden swiftly reversed the move in 2021. "A big lesson that everybody in the first Trump administration learned was that personnel is really important. The idea of taking a hatchet to the entire IRA could, however, give some oil industry officials and Republican politicians pause, a former Trump administration official said.

Persons: Valerie Volcovici, Gram Slattery WASHINGTON, Joe Biden, Donald Trump, Trump, Stephen Moore, Trump's, Larry Kudlow, David Bernhardt, Rick Perry, Kevin Hassett, Harold Hamm, Biden, George David Banks, Ivanka, Mike McKenna, Diana Furchtgott, Roth, Timothy Gardner, Richard Valdmanis, Deepa Babington Organizations: Republican, United Nations, Trump, Reuters, White, Heritage Foundation, Republicans, Economic, Energy, Biden, America, Policy Institute, Heritage Locations: United States, Paris, Biden's

MUNICH (AP) — Long regarded as a celebration of the U.S.-led post-World War II international order, the Munich Security Conference this year will be more of a reflection of America’s political turmoil. And overshadowing it all will be Trump’s threat to not automatically come to the defense of European allies should they be attacked by Russia. That is a cornerstone of NATO’s founding treaty, which has taken on additional significance since Russia’s full-scale attack on Ukraine in 2022. Blinken, too, will be conveying that message in Munich, according to the top U.S. diplomat for Europe, James O’Brien. German Chancellor Olaf Scholz assailed Trump’s comments.

Persons: — Long, Donald Trump, Kamala Harris, Antony Blinken, Alejandro Mayorkas, Adolf Hitler, Harris, Blinken, laud, Trump, Joe Biden, Biden, Jake Sullivan, ”, James O’Brien, O’Brien, “, Olaf Scholz, Trump’s, Jens Stoltenberg Organizations: Munich Security, Homeland, Republican, Nazi Party, laud American, Republicans, NATO, Democratic Locations: MUNICH, U.S, Munich, Russia, Ukraine, Gaza, Bavarian, Europe, Congress, United States, Finland, Sweden

☆ Retail sales tumbled 0.8% in January, much more than expected
▼ + stars: | 2024-02-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday. Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. Even excluding autos, sales dropped 0.6%, well below the estimate for a 0.2% gain. The sales report is adjusted for seasonal factors but not for inflation, so the report showed spending lagging the pace of price increases. While the New York survey still indicated contraction, it was a much better reading than January's -43.7 and the -15 estimate.

Persons: Dow Jones Organizations: Commerce Department, Advance, Census, Labor Department, Gas, Federal, Empire, Investors, Federal Reserve Locations: U.S, Philadelphia, New York, York

☆ Rippling CEO Parker Conrad dishes on why the startup is sitting on a massive $750 million war chest
▼ + stars: | 2024-02-14 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

This story is available exclusively to Business Insider subscribers. To this day, Rippling hasn't touched the money it raised in that emergency package, Conrad told Business Insider. Rippling will invest hundreds of millions of dollars from the balance sheet into research and development this year, according to CEO Parker Conrad. Parker Conrad says Rippling hasn't touched any of the venture capital it raised over the last two rounds. Shepherding the startup through this next growth phase is new chief product officer Eisar Lipkovitz, Rippling told Business Insider exclusively.

Persons: Parker Conrad, Conrad, Rippling hasn't, Kleiner Perkins, Rippling, Amy Osborne, Mamoon Hamid, they've, TechCrunch, Eisar Lipkovitz, Lipkovitz, Deel, Melia Russell Organizations: Business, paychecks, Bedrock, Washington Post, JPMorgan, Google Locations: Silicon, San Francisco, Asia, Lyft, Rippling

The East Coast Is Sinking New satellite-based research reveals how land along the coast is slumping into the ocean, compounding the danger from global sea level rise. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Atlantic City is sinking up to 4 centimeters per decade. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Several hotspots in Maryland are sinking over 10 centimeters per decade, while other areas are rising. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Charleston, S.C., which is affected by groundwater pumping, is sinking up to 5.7 centimeters per decade. Portland, Maine 47.0 cm 45.8 cm +40 cm 40.6 cm Relative sea level rise 33.8cm +30 cm +20 cm SUBSIDENCE +10 cm Change since 1925 Global sea level rise 1925 2023 1925 2023 1925 2023 1925 2023 Sources: Dangendorf (2019) and the National Oceanography Centre.

Persons: ”, Leonard Ohenhen, Kenneth Miller, Inner Harbor BOSTON Charles, “, Miller, “ We’ve, Sandy, we’ve, Sandy Hertz, Hertz Organizations: Virginia Tech, U.S . Geological Survey, NASA, Rutgers University ., Places New, National Oceanography, The New York Times, East Boston Charleston East Cambridge Airport, Inner, Pleasure, Roxbury, Boston City Archives, Boston Public Library, Boston Groundwater Trust, PNAS, Rutgers University, American Society of Civil Engineers, Army Corps of Engineers, Maryland Department of Transportation Locations: Boston, New York City, Long, Maryland, Hampton, Va, Charleston, S.C, Florida, Miami, Places New York City, N.Y, Atlantic City, N.J, Mass, Portland , Maine, York City, New Jersey, East, Inner Harbor BOSTON, Pleasure Bay, Savin, Roxbury Grove, Shirzaei, Cape Canaveral, exurbs, Delaware, Atlantic, East Coast

☆ Trump’s incendiary NATO remarks send very real shudders through Europe
▼ + stars: | 2024-02-12 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +7 min

NATO gives it a global bedrock of legitimacy, support for the dollar, and the post-Soviet hegemony it thrives upon. Saturday’s misunderstanding considered, Trump’s comments come at a devastatingly bad time for Europe. The more the US bemoans its allies and their miserly neglect of NATO, and withdraw from it, the less powerful it is. Is NATO willing to go to war with Moscow over Russian-speaking parts of the Baltic state of Estonia? He is not simply saying the US won’t help NATO allies who haven’t paid.

Persons: Donald Trump, Trump, doesn’t, –, Vladimir Putin, Putin, Tucker Carlson, Russia’s, ’, Charles Michel, Trump’s, haven’t Organizations: London CNN, Trump, NATO, Republican, GOP, Putin, Fox News, Kremlin, Senior, Britons, European Locations: Russia, Europe, Ukraine, Kyiv, America, Moscow, Kherson, Mykolaiv, Romania, France, Baltic, Estonia, Svalbard, Russian, Finland, Sweden, Western Europe

☆ ‘US will be out of NATO’ in second Trump term, former senior adviser warns
▼ + stars: | 2024-02-12 | by ( Jim Sciutto | ) edition.cnn.com time to read: +5 min

“The point is, he saw absolutely no point in NATO,” Kelly said in the book. “President Trump got our allies to increase their NATO spending by demanding they pay up, but Joe Biden went back to letting them take advantage of the American taxpayer. Kelly said he tried to explain the importance of NATO to Trump in terms he believed the president would understand. In the case of withdrawing from NATO, Kelly tried to convey to Trump that both applied. “US support for Ukraine would end,” said the senior US official who served under Trump and Biden.

Persons: Donald Trump’s, Powers, Joe Biden, ” John Bolton, “, ”, John Kelly, ” Kelly, Vladimir, Putin, Kim, Jong, Putin wouldn’t, ’ ”, Trump, Obama, Biden, ” Trump, Jason Miller, can’t, Kelly, Mark Milley, Mark Esper, Bolton, I’d, what’s, ’ Organizations: CNN, NATO, Trump, US, Biden, ”, South, White, Russia, “, Atlantic Treaty Organization, Joint Chiefs, Fox News Locations: Russia, South Korea, Japan, North Korea, Europe, Brussels, “, Ukraine, Taiwan, China, Bolton

Former President Donald Trump does not have presidential immunity from prosecution on criminal charges related to his efforts to overturn his 2020 election loss, a federal appeals court unanimously ruled Tuesday. The ruling is the latest major legal loss for Trump, who is the front-runner for the Republican presidential nomination. "For the purpose of this criminal case, former President Trump has become citizen Trump, with all of the defenses of any other criminal defendant," the panel wrote in the 57-page opinion. Trump campaign spokesman Steven Cheung decried the ruling, claiming in a statement that without "complete" presidential immunity, "every future President who leaves office will be immediately indicted by the opposing party." He added, "President Trump respectfully disagrees with the DC Circuit's decision and will appeal it in order to safeguard the Presidency and the Constitution."

Persons: Donald Trump, Jack Smith, Trump, Steven Cheung, Cheung Organizations: U.S ., Appeals, District of Columbia Circuit, Trump, Republican, Washington , D.C, DC Locations: U.S, Washington ,, United States

☆ OpenAI is on a path to 'true technological breakthrough' with AGI, says Bedrock's Geoff Lewis
▼ + stars: | 2024-02-06 | 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 EmailOpenAI is on a path to 'true technological breakthrough' with AGI, says Bedrock's Geoff LewisGeoff Lewis, Bedrock founder and managing partner, joins 'Squawk Box' to discuss investing in Elon Musk's new AI startup X.AI, the progress OpenAI has made over the years, the next stage of AI innovation, and more.

Persons: AGI, Geoff Lewis Geoff Lewis Organizations: Elon

☆ A Leading Memory Researcher Explains How to Make Precious Moments Last
▼ + stars: | 2024-02-04 | by ( David Marchese | ) www.nytimes.com time to read: +9 min

Mamadi Doumbouya for The New York Times Talk A Leading Memory Researcher Explains How to Make Precious Moments LastOur memories form the bedrock of who we are. Tell me more about what you mean when you say “illusion.” I probably overstated it with the word “illusion,” but there is an illusionary component. But if you think about it from an evolutionary perspective, memory, often, is educated guesses by the brain about what’s important. You know, the training environment I was in was very down on psychoanalysis, but it always comes back to memory. We have these little compartments that are rooted somewhat in memory that we can access at different moments.

Persons: Mamadi Doumbouya, ”, Charan Ranganath, Davis, Ranganath, ” Ranganath, You’re, “, shoplifted, there’s, We’re, Charan, UC Davis, you’re, you’ve, Sasha Bakhter, It’s, hadn’t Organizations: The New York Times, University of California, UC, Smiths, UC Davis Locations: Davis

☆ Tech execs are telling investors they have to spend money to make money on AI
▼ + stars: | 2024-02-02 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

One theme investors heard repeatedly from top execs is that, when it comes to AI, they have to spend money to make money. Last year marked the beginning of the generative AI boom, as companies raced to embed increasingly sophisticated chatbots and assistants across key products. One key priority area, based on the latest earnings calls, is AI models-as-a-service, or large AI models that clients can use and customize according to their needs. Alphabet executives highlighted Vertex AI, a Google product that offers more than 130 generative AI models for use by developers and enterprise clients such as Samsung and Shutterstock. Alphabet executives touted Google's Duet AI, or "packaged AI agents" for Google Workspace and Google Cloud, designed to boost productivity and complete simple tasks.

Persons: Sundar Pichai, Mandel Ngan, Satya Nadella, Mark Zuckerberg, Josh Edelson, Zuckerberg, Nadella, Amy Hood, Pichai, You've, durably, Ruth Porat, Andy Jassy, Jassy, Tim Cook, Cook, Thos Robinson, Microsoft's, Rufus, Bard Organizations: Artificial Intelligence, AFP, Getty, Microsoft, Apple, Nvidia, Meta, Google, Amazon, New York Times, Samsung, GE, Spotify, Pfizer Locations: Washington ,, Menlo Park , California, LLMs, New York City

☆ Amazon set to report fourth-quarter earnings after the bell
▼ + stars: | 2024-02-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Amazon is slated to report fourth-quarter earnings Thursday after the closing bell. In January, Amazon said it would let go of employees across units including Prime Video, MGM Studios, Twitch, Audible and Buy with Prime. In November, Amazon launched "Q," an AI chatbot for businesses, as well as new Trainium chips for AI applications. Discovery 's Max by introducing ads to Prime Video programming. Amazon will discuss the report on a conference call with analysts at 5:30 p.m.

Persons: Andy Jassy, Amazon, Evercore, Jassy's, Brian Olsavsky, Max Organizations: Web, Amazon, MGM Studios, Revenue, National Retail Federation, Netflix, Disney, Hulu, Warner Bros, Citi Locations: Ukraine

ATLANTIC CITY, N.J. (AP) — A former Atlantic City councilman who went to prison for bribery and a sex blackmail case is facing charges again. Craig Callaway, 64, is a sought-after political organizer and operative in and around Atlantic City, known for his ability to deliver large blocks of absentee ballots to election officials that often sway the outcome of elections. But he was arrested Thursday and charged with election fraud involving the misuse of absentee ballots — something of which his political foes had long accused him. Instead, Robinson went to the authorities, who filed charges that led to a three-year state prison term for Callaway. The election fraud charge carries a maximum penalty of five years in prison and a $250,000 fine.

Persons: —, Craig Callaway, Callaway, impartially, ”, Matthew Skahill, Megan Davies, –, Eugene Robinson, Robinson, Wayne Parry Organizations: CITY, Atlantic City, Attorney's, Prosecutors, FBI, Callaway Locations: N.J, Atlantic, Atlantic City, U.S, New Jersey

☆ Amazon announces AI shopping assistant called Rufus
▼ + stars: | 2024-02-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

An illustrative image of the Amazon shopping app seen on a mobile phone screen in front of an old, left, and a new, right, Amazon shopping app icon displayed on a screen. Amazon on Thursday announced a new artificial intelligence assistant for shopping called Rufus. Amazon has launched numerous generative AI tools and services in recent months, capitalizing on the hype sparked by OpenAI's ChatGPT. The company has tested AI tools to answer shoppers' questions and summarize reviews, as well as an AI feature to help third-party sellers write listings. Outside of its retail business, Amazon has introduced Q, a chatbot for businesses, and Bedrock, a generative AI service for cloud customers.

Persons: Rufus, Amazon, Andy Jassy, OpenAI's ChatGPT Organizations: Amazon Locations: U.S

☆ Evergrande's liquidation crisis won’t be China’s ‘Lehman moment,’ China Beige Book CEO says
▼ + stars: | 2024-01-31 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

China Evergrande Group's logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty ImagesA liquidation order to property giant China Evergrande liquidation crisis this week deepened concerns about China's struggling real estate sector — but analysts say the spillover will likely be contained, with one saying it might actually be "good news." On Monday, a Hong Kong court issued a liquidation order to the embattled property developer after it failed to reach a restructuring deal with creditors. In other words, no massive credit event," Qazi told CNBC. China Evergrande, once among the country's largest property developers, is the world's most indebted company — with more than $300 billion in liabilities.

Persons: Jakub Porzycki, Shehzad Qazi, Lehman, Qazi, CNBC's, It's, China Evergrande, Evergrande, Linda Chan, Charlene Chu Organizations: Nurphoto, CNBC, Lehman Brothers, Hong, Hong Kong Stock Exchange, China macrofinancial, Autonomous Research Locations: China, Hong Kong

The Federal Reserve on Wednesday did what everyone expected, holding interest rates steady for now. But it also avoided saying anything about what it plans to do with rates in the future, dashing hopes for now that rate cuts are in the offing soon. “The Committee judges that the risks to achieving its employment and inflation goals are moving into better balance,” the statement read. Over 12 months, the core rate has come down to 2.9%, he pointed out, adding, “We’re wanting to see more data. “However, they do need to be careful about holding rates up too far, too long.”Economists are predicting a slowdown this year.

Persons: Jerome Powell, ” Powell, “ We’re, You’ve, Powell, ”, Greg Friedman, Brian Henderson, “ There’s, Charlie Wise, Wise Organizations: Federal Reserve, Fed, ”, Dow Jones, Peachtree Group, BOK, “ Locations: American

☆ Evergrande's liquidation crisis won’t be China’s ‘Lehman moment,’ China Beige Book COO says
▼ + stars: | 2024-01-31 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +4 min

China Evergrande Group's logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty ImagesA liquidation order to property giant China Evergrande liquidation crisis this week deepened concerns about China's struggling real estate sector — but analysts say the spillover will likely be contained, with one saying it might actually be "good news." On Monday, a Hong Kong court issued a liquidation order to the embattled property developer after it failed to reach a restructuring deal with creditors. China Evergrande, once among the country's largest property developers, is the world's most indebted company — with more than $300 billion in liabilities. Still, questions remain on whether China will recognize the Hong Kong court order for Evergrande's liquidation — since most of the company's assets are in the mainland.

Persons: Jakub Porzycki, Shehzad Qazi, Lehman, Qazi, CNBC's, It's, China Evergrande, Evergrande, Linda Chan, Charlene Chu, we've, Chu Organizations: Nurphoto, CNBC, Lehman Brothers, Hong, Hong Kong Stock Exchange, China macrofinancial, Autonomous Research Locations: China, Hong Kong, Commerzbank

☆ Attacking, and Defending, Diversity, Equity and Inclusion - The New York Times
▼ + stars: | 2024-01-30 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Inside the Crusade Against D.E.I.” (front page, Jan. 21):The conservative activists featured in this article aim to eliminate equality of opportunity for the majority of Americans. These ideologues are creating a dangerously false and extremely narrow view of diversity, equity and inclusion — one that equates the “D” in D.E.I. In the U.S., diversity is widely acknowledged to encompass numerous communities, which collectively constitute the majority of our nation. programs advance considerations relating to women; Black, Indigenous and people of color communities; veterans; people with disabilities; L.G.B.T.Q. It is a shame that conservative activists seek to shatter a bedrock principle of our nation: equality.

Locations: D.E.I, U.S

☆ Having too many options can paralyze investors. Here's how you can overcome 'choice overload'
▼ + stars: | 2024-01-29 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Humans get overwhelmed by too many options, a behavioral finance concept known as "choice overload." How investors encounter choice overloadChristopher Ames | E+ | Getty ImagesIt's not just investing: The choice paradox can extend to things like ice cream flavors and apparel, for example. Given these behavioral biases, retailers and others have evolved, making it less likely consumers will experience choice overload "in the wild" today, said Dan Egan, vice president of behavioral finance and investing at Betterment. Do-it-yourselfers may have about one to two dozen investment options, at most, from which to choose, reducing the choice friction. If you don't give people an easy choice, "it's really hard for them," Blanchett said.

Persons: Philip Chao, Brian Scholl, David Blanchett, Samantha Lamas, Christopher Ames, Sheena Iyengar, Mark Lepper, Dan Egan, Egan, that's, Blanchett Organizations: Sdi, U.S . Securities, Exchange Commission, Investor, Morningstar, Finance Locations: John , Maryland

☆ Explainer-What Is the Two-State Solution to the Israel-Palestinian Conflict?
▼ + stars: | 2024-01-25 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +10 min

Obstacles have long impeded the two-state solution, which envisages Israeli and Palestinian states alongside each other. Advocates of the two-state solution have envisaged a Palestine in the Gaza Strip and West Bank linked by a corridor through Israel. As the two-state solution has floundered, talk of a one-state solution has risen. U.N. Secretary General Antonio Guterres, in a Jan. 23 speech, said the two-state solution remained the only way to address the aspirations of Israelis and Palestinians. He criticised "clear and repeated rejection of the two-state solution at the highest levels of the Israeli government".

Persons: Benjamin Netanyahu, Israel, Yasser Arafat, Yitzhak Rabin, Rabin, Bill Clinton, Arafat, Ehud Barak, Camp David, Jerusalem, Joe Biden, Abdel Fattah al, Abbas, Mahmoud Abbas, Bezalel Smotrich, Netanyahu, Abbas's Fatah, Biden, Osama Hamdan, General Antonio Guterres, Nidal al, Ali Sawafta, Maayan Lubell, Dan Williams, Ari Rabinovitch, Tom Perry, Angus MacSwan Organizations: Reuters, United Nations, Arab League, Israel, West Bank, Palestine Liberation Organization, PLO, Palestinian Authority, Israeli, Bank, Geneva Accord, Finance Locations: Washington, Gaza, Palestinian, Jordan, Jerusalem, Palestine, Europe, Israel, Lebanon, Syria, East Jerusalem, Egypt, U.S, Oslo, Israeli, West Bank, Jordanian, Oslo Accords, U.N

☆ Apple announces sweeping changes for apps in Europe, including allowing third-party app stores for the first time
▼ + stars: | 2024-01-25 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —Apple announced sweeping new changes to its handling of apps in Europe on Thursday, including plans to allow third-party app stores on iPhones and iPads for the first time in company history and significant cuts to Apple’s app store fees. The unprecedented updates, which are a response to new European regulations set to take effect in March, reflect some of the most consequential changes to Apple’s app business since the debut of its proprietary app store 15 years ago, which forms the bedrock of its walled garden ecosystem. And for developers, other changes to Apple’s terms may give them more flexibility in how they market themselves to users. Under the changes, Apple said it will allow users to download third-party app stores onto their devices from websites outside of Apple’s own ecosystem. The app stores, Apple said, will exist as standalone apps on an iOS device with the authority to install other apps offered by those third-party marketplaces.

Persons: CNN —, Apple Organizations: CNN, CNN — Apple, Union, Apple Locations: Europe, Union, Apple’s

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