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☆ Rose Harvey: Team GB runner says she completed Olympic marathon with broken leg
▼ + stars: | 2024-08-14 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Team GB runner Rose Harvey completed the women’s marathon at the 2024 Paris Olympic Games despite having a broken leg, she said on social media. And according to the GB runner, scans after the race revealed Harvey had suffered a stress fracture to her femur. “But despite that most of my race goals having slipped away, there was still a tiny part of my Olympic dream that I could hang onto – and that was finishing the Olympic marathon. It was heartbreaking.”Harvey completed the Olympic women's marathon 78th overall with a time of 2:51:03. She had been selected to run for Team GB at the Paris Games after completing the 2023 Chicago Marathon in a time of 2:23:21, just 26 seconds off Hassan’s Olympic record time in Paris.

Persons: Rose Harvey, Harvey, ” Harvey, Harvey “, ”, Sifan Hassan, “, Cameron Spencer, Phil Kissi, she’ll, I’ll, It’s Organizations: CNN — Team, Olympic Games, Pancras International, British, Getty, Team GB, Paris Games Locations: St, London, Battersea Park, Paris, “

☆ Bangladesh court orders murder probe into ousted former leader Sheikh Hasina
▼ + stars: | 2024-08-14 | by ( Lex Harvey | ) edition.cnn.com time to read: +3 min

The murder complaint, filed Tuesday in the Dhaka Metropolitan Court, is the first legal case to be filed against Hasina following her deadly crackdown on huge protests against government employment quotas, that erupted across Bangladesh last month. The murder case also names Hasina’s former home minister Asaduzzaman Khan, the general secretary of her party, and four former top police officers. In her first public remarks since leaving Bangladesh, Hasina on Tuesday called for an investigation into the “heinous killings and acts of sabotage” during the protests. Anti-government protestors storm ousted Prime Minister Sheikh Hasina's palace in Dhaka, Bangladesh on August 5, 2024. When the protests escalated, Hasina blamed the opposition for the violence and imposed internet blocks and an indefinite curfew across the country.

Persons: CNN —, Sheikh Hasina’s, Hasina, Asaduzzaman Khan, ”, ” Hasina, Sheikh Hasina's, Parvez Ahmad Rony, jubilation, Muhammad Yunus Organizations: CNN, Bangladesh Sangbad, Dhaka Metropolitan Court, United Nations ’, Getty Locations: Bangladesh, Dhaka, AFP, India

☆ Fact check: Trump made at least 20 false claims in his conversation with Elon Musk
▼ + stars: | 2024-08-13 | by ( Daniel Dale | ) edition.cnn.com time to read: +34 min

Here is a fact check:CrimeTrump claimed, “Our crime rate’s going through the roof.”Facts First: Trump’s claim is false. Facts First: Trump did express uncertainty about the number, but his “like 60 million or something” claim is false. They take ‘em out, and they bring them to the United States.”Facts First: Trump’s claim is baseless. He said, “With Ukraine, so we’re in for $250 billion and they’re in for about $71 billion.”Facts First: Trump’s claim is false. But Trump’s claim that the US has committed or provided far more aid than Europe is not true regardless.

Persons: Donald Trump, –, Elon Musk, Kamala Harris, Trump, Jeff Asher, ” Anna Harvey, “, we’ve, ”, Biden, Gary Griggs, Griggs, Harris, Harris “, ” Trump, wasn’t, Alejandro Mayorkas, Breitbart, ” Roberto Briceño, Venezuela’s, León, Joe Biden, ” Michelle Mittelstadt, can’t, Steven Cheung, Congo ’ Trump, Patrick Muyaya Katembwe, ” Serge Mombouli, Barack Obama’s, Obama, Obama’s, We’ll, Ukraine Trump, Europe Trump, Trump’s, Mike Pompeo, ” Pompeo, China, you’re, ‘, Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Ronald Reagan’s, Barack Obama, George W, they’d, Scott Gottlieb, ” Gottlieb, General Merrick Garland, Musk, Alvin Bragg’s, Matthew Colangelo, Colangelo, Bragg, CNN’s Tami Luhby, William Montes Organizations: Washington CNN, Republican, Democratic, Public, New York University, CNN, Major Cities Chiefs Association, Biden, Global, Trump, NASA, Meteorological Organization, University of California, Oceanic, Fox News, The New York, White, Homeland, Central, “, Border, Venezuelan, of, Patrol, Republicans, Migration, Institute, Breitbart, Congo, PAC, Central America Trump, Obama, Customs Enforcement, Policy Institute, ICE, El Salvador, Electoral, Ukraine, Kiel Institute, European Union, European Automobile Manufacturers ’ Association, State, Americas, Crisis, Federal, Defense Department, Food and Drug Administration, FDA, Justice Department, New Locations: Trump’s, Santa Cruz, Gulf of Mexico, Florida, Mar, El Salvador, Guatemala, Honduras, United States, Mexico, Venezuela, “ Venezuela, Congo, Democratic Republic of Congo, Republic of Congo, Africa, Republic of, Washington, Europe, Ukraine, Germany, Kiel, ”, EU, Iran, Lebanon, Israel, China, that’s, Kpler, Malaysia, Afghanistan, Asia, Fulton County , Georgia, Manhattan, New York

☆ 'Be concerned, but don't be fearful' on equities, says Wells Fargo's Chris Harvey
▼ + stars: | 2024-08-12 | 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 Email'Be concerned, but don't be fearful' on equities, says Wells Fargo's Chris HarveyChris Harvey, Wells Fargo Securities head of equity strategy, joins 'Squawk on the Street' to discuss what specific advice Harvey is giving his clients, why communications is a sector Harvey favors, and how important momentum is in today's market.

Persons: Wells, Chris Harvey Chris Harvey, Harvey Organizations: Wells, Wells Fargo Securities Locations: Wells Fargo

☆ U.S. and China fight to 40-40 draw for most Olympic gold medals
▼ + stars: | 2024-08-12 | by ( David K. Li | Sean Nevin | ) www.cnbc.com time to read: +4 min

Cameron Spencer | Getty ImagesThe U.S. and China each won 40 gold medals in the first Summer Games draw in Olympic history, with the Americans pulling into a tie Sunday with victory in the last event, women's basketball. China's Li Wenwen won gold in women's heavyweight weightlifting in what could have been a death knell for American hopes to capture overall gold. U.S. hopes were dimmed further when Chicago native Kennedy Blades, who made a surprising run to the gold medal wrestling match, lost to 76-kg rival Yuka Kagami of Japan. Gold medalist Simone Biles of Team USA poses during the artistic gymnastics women's all-around final medal ceremony on Aug. 1. Patrick Smith | Getty Images Sport | Getty Images

Persons: Cameron Spencer, China's Li Wenwen, Yuka Kagami, Jennifer Valente, Noah Lyles, Breanna Stewart, Cheryl Reeve wryly, hasn't, Simone Biles, Tom Weller, voigt, Anastasiia Kirpichnikova, Katie Ledecky, Isabel Gose, Quinn Rooney, Lee Kiefer, Lauren Scruggs, Eleanor Harvey of Canada, Patrick Smith Organizations: Eiffel, Rings, Olympic Games, Getty, U.S, France, China, Chicago, Kennedy Blades, Team USA, USA, WNBA, didn't, Summer, " Unified, Soviet, Games Locations: Paris, France, China, U.S, Japan, Italy, San Diego, Beijing, Norway, Germany, Soviet Union, Barcelona, Tokyo, Rio, London

PARIS — The United States and China each won 40 gold medals, in the first Summer Games draw in Olympics history, with America pulling into a tie Sunday with victory in the last event, women’s basketball. But then San Diego native and decorated cyclist Jennifer Valente bailed out the United States by defending her gold in the women’s omnium. Gold medalist Noah Lyles of Team United States celebrates on the podium during the Men's 100m medal ceremony at the Olympics in Paris, on Aug. 5, 2024. The United States still came out with the most overall medals, taking home 126 from Paris 2024. The United States hasn’t failed at winning the most medals since 1992 when the “Unified Team,” athletes from the former Soviet Union republics, won 112 medals, 45 gold.

Persons: China’s Li Wenwen, could’ve, Yuka Kagami, Jennifer Valente, Noah Lyles, Cameron Spencer, United States hasn’t, Simone Biles, Jamie Squire, France's Anastasiia, Katie Ledecky, Germany's Isabel Gose, Jonathan Nackstrand, Frenchman Leon Marchand, Summer McIntosh, Lee Kiefer of, Lauren Scruggs, Eleanor Harvey, Patrick Smith, David K, Li, Sean Nevin Organizations: PARIS, America, France, Chicago, Kennedy Blades, Team United, States didn't, United, “ Unified, Soviet, Olympic Games, Bercy Arena, Getty, Paris La Defense, Lee Kiefer of Team United States, Team United States, Team Canada, Grand Palais Locations: United States, China, Japan, Italy, San Diego, Paris, U.S, States, Beijing, Norway, Germany, Soviet Union, Barcelona, Tokyo, Rio, London, Nanterre, AFP, Grand, France, Israel, Ecuador, Kyrgyzstan, Republic of Moldova, Soviet Republic

CNN —At least 90 Palestinians have been killed in an Israeli strike on a school in Gaza, according to local officials. Gaza Civil Defense said the Al-Tabi’in school was housing displaced Palestinians in the Al-Daraj neighborhood in the eastern part of Gaza City when it was hit overnight into Saturday. Omar al-Qattaa/AFP/Getty ImagesIsraeli military action in Gaza has killed nearly 40,000 Palestinians and injured over 90,000, according to Gaza’s Ministry of Health. “Families are having a hard time identifying their children.”Displaced Palestinians gather in the yard of a school hit by an Israeli strike in Gaza City on August 10, 2024. Airstrikes on multiple school buildings sheltering displaced Palestinians last weekend killed at least 47, including many children, and injured dozens more.

Persons: “, Mahmoud Basal, ”, Omar al, ” Dr, Fadl Naim, Israel Organizations: CNN, Gaza Civil Defense, Israel Defense Forces, IDF, UN Human Rights, Getty, Gaza’s Ministry of Health, United Nations, Hamas, ” Locations: Gaza, Daraj, Gaza City, Israel, AFP, Al, Ahli

CNN —A passenger plane carrying 61 people crashed outside São Paulo on Friday afternoon, killing everyone on board, according to a statement issued by airline Voepass. All of the passengers had Brazilian documents, airline officials said, though it’s not yet clear if any had dual citizenship. A plane is seen falling out of the sky into the city of Vinhedo, Brazil, on August 9, 2024. A man who missed the flight told Brazilian news outlet Globo that at least 10 people were waiting at the wrong gate and missed the flight before it took off. When they realized they were at the wrong gate, the passengers begged the airport employees to let them board the plane but were told they could not.

Persons: São, ” Voepass, it’s, Eduardo Busch, ” Busch, Guilherme Derrite, ”, São Paulo, Luiz Inácio Lula da Silva, “, CNN’s Julia Vargas Jones, Marcelo Moreno, CENIPA, you’re, ’ –, ‘, ’, CNN’s Isa Soares, Tatiana Arias, Pam Boykoff, Marcelo Medeiros, Lex Harvey Organizations: CNN, São Paulo, Voepass, Legal, Brazil Air Force, Busch, Brazilian Aeronautical Registry, ATR, CNN Brasil, Passengers, Brazilian, Globo Locations: Vinhedo, Brazil, Brazilian, Parana, Guarulhos, São Paulo, Campinas, São, Private, European

☆ Be cautious, but not too fearful in buying stocks in the market, says Wells Fargo's Chris Harvey
▼ + stars: | 2024-08-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBe cautious, but not too fearful in buying stocks in the market, says Wells Fargo's Chris HarveyChristopher Harvey, Wells Fargo Securities Head of Equity Strategy, joins 'Closing Bell' to discuss his playbook and why investors should be buying stocks.

Persons: Wells, Chris Harvey Christopher Harvey Organizations: Wells, Wells Fargo Securities Head, Equity Locations: Wells Fargo

☆ Wells Fargo says buy stocks, not the stock market now. Here's its bargain list
▼ + stars: | 2024-08-09 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Recent market turbulence has unearthed some bargain prices for momentum stocks, according to Wells Fargo. He suggests that investors "buy stocks, not the stock market." Here's a closer look at stocks Wells Fargo is eyeing in light of the recent market volatility. Shares of the Facebook parent have gained roughly 45% in 2024, but have slumped 3% over the past month. Eli Lilly has climbed 53% in 2024, but is down roughly 8% over the past month.

Persons: Wells, Christopher Harvey, Harvey, Harvey isn't, Blayne Curtis, Eli Lilly, Lilly, Zepbound Organizations: Services, Nvidia, Jefferies, Facebook, Meta, LSEG, Netflix Locations: Wells Fargo, U.S, Wells

Tropical Storm Debby, which came ashore as a category 1 hurricane along the Florida coast early Monday, will move across the Southeast on Tuesday at roughly the speed of a human walking. Like Debby, both storms stalled over the region and became reminders that a hurricane’s hazards can persist and intensify for days after it makes landfall. Even small changes in the steering currents could result in Debby shifting and changing where the rain falls. The storm will most likely move slightly offshore, allowing some restrengthening before the storm turns north and moves back inland. Debby will funnel huge amounts of moisture northward and collide with cooler air moving into the region, allowing storms to form.

Persons: Debby, Alex Lamers, Hurricane Harvey, ”, Erica, William B, Alberto, Zack Taylor Organizations: Weather Prediction, Houston Metro, Weather, Atmospheric Administration, Iowa State University, Davis Locations: Georgia, South Carolina, Florida, Houston, Hurricane Florence, North Carolina, Savannah, Ga, Charleston, S.C, “ Charleston, Florence, Baltimore, Boston

But, Mau said, she was also inevitably able to draw from some of her own personal experiences. He won’t stop talking about her, and she seems to be taking up a lot of space in his life. Maybe it’s not so much who she is, but what she gives you.’”It’s that kind of moral ambiguity that, Mau speculates, has transformed “Baby Reindeer” into a global phenomenon. Unmasking the real identity of Martha is “not what the show is about,” Mau said. But the general public doesn’t seem to realize “that trans people are also really funny,” Mau added.

Persons: Mau, Donny, “ I’ve, ” Mau, Teri, Martha, “, ”, Richard, “ Donny, hasn’t, Fiona Harvey, Harvey, Gadd, Penn Badgley, — Organizations: Netflix, Television, Association, Gotham TV, NBC Locations: Latina, Scottish

☆ How hedge funds are dealing with the global market meltdown
▼ + stars: | 2024-08-05 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

The VIX, Wall Street's go-to snapshot of market volatility, is at its highest point since the onset of the pandemic. And hedge funds are sifting through the wreckage, with some looking to survive and others planning to pounce. In any market meltdown, there are clear winners and losers given the strategies and positioning of different firms. The yen carry trade has also likely wrong-footed many macro funds, several industry veterans said. It also slowed dealmaking, annoying private equity investors whose capital was tied up in older vintage funds.

Persons: —, Wall Street's, there's, allocators, Harvey Schwartz, Carlyle Organizations: Service, Business, Citadel, Eisler Capital, Universa Investments Locations: Europe, Asia, New York, London

☆ 'Baby Reindeer' Lawsuit: Why Netflix's 'True Story' Dramas Are Getting Them Sued
▼ + stars: | 2024-08-02 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +12 min

To many, "Baby Reindeer" is known as the Netflix series that swept the internet in the spring of 2024 with its harrowing, seemingly true tale based on creator Richard Gadd's experience of being stalked. Richard Gadd as Donny Dunn and Jessica Gunning as Martha Scott in "Baby Reindeer." The drama over "Baby Reindeer," which has been both a boon and a threat to the streamer, reflects a larger reckoning for prestige TV's favorite pastime: adapting true stories. Atsushi Nishijima/Netflix Show less "Baby Reindeer." Harvey's lawyer Roth doesn't think Netflix particularly cared about the risk of legal action when it greenlit "Baby Reindeer."

Persons: Richard Gadd's, Fiona Harvey, Gadd, Donny, he'd, Martha Scott, Martha, Richard Gadd, Donny Dunn, Jessica Gunning, Ed Miller, Piers Morgan, Harvey, Rachel DeLoache Williams, Anna Delvey, Anna Sorokin, Anna, Linda Fairstein, Ava DuVernay, Fairstein, Felicity Huffman, Katie Lowes, Rachel, Julia Garner, Laverne Cox, Duke, Alexis Floyd, Neff, Aaron Epstein, Buster Murdaugh, Alex Murdaugh, Kelly's, Kelly, Richard Roth, Joan of Arc, Victoria Price, Judge Horton, Ruby Bates, Bates, Michael, Bette, Joan ", Olivia de Havilland, we're, they're, Macbeth, Atsushi Nishijima, Griselda Blanco's, Griselda, Harvey's, Roth, There's, Jeff Lewis, there's, Lewis, Netflix hasn't, Jackie Ward, Ward Organizations: Netflix, Business, Former New York, Neff Dav, Lifetime, Hollywood, NBC, Scottsboro, Disney Locations: Scottish, England, California, Former New York City, Tennessee, New York, Los Angeles

☆ Melinda French Gates recreated her 'very middle-class' upbringing to raise her 3 kids: 'I thought that was a good principle to have'
▼ + stars: | 2024-08-01 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

Melinda French Gates' three children grew up in one of the world's wealthiest families. Not wanting to raise entitled kids, their parents worked to give them something resembling a "middle-class" upbringing, French Gates says. And I thought that was a good principle to have," French Gates told The New York Times on Sunday. "First of all, they had an allowance, so we absolutely did not just buy them things," French Gates said. French Gates told The New York Times.

Persons: Melinda French Gates, Gates, Bill Gates, relatable, who'd, Coventry Edwards, Pitt, Mark Cuban, Steve Harvey, STEVE, Amy Morin, Morin Organizations: New York Times, Microsoft, Duke University, CNBC Locations: Dallas, Cuban

Hamas chief Ismail Haniyeh, center, sits prior to the start of the swearing-in ceremony of newly-elected Iranian President Masoud Pezeshkian at the Iranian parliament, in Tehran, Iran, on July 30. APThe death of Hamas political leader Ismail Haniyeh is the “first most significant Israeli operation since October 7,” said CNN Political and Foreign Policy Analyst Barak Ravid. The Israeli military told CNN they “don’t respond to reports in the foreign media,” after Iranian state media reported Haniyeh’s death. “This assassination is, in a way, just a matter of when, not a matter of if,” Ravid said. Haniyeh, who was killed in Tehran, according to Hamas and Iranian media, was a longtime political leader of the militant group.

Persons: Ismail Haniyeh, Masoud Pezeshkian, ”, Barak Ravid, Ravid, “, ” Ravid, Haniyeh Organizations: CNN Political, CNN Locations: Tehran, Iran, Gaza, Iranian

☆ CrowdStrike shares plunge 11% to lowest level of the year on report that Delta may seek damages
▼ + stars: | 2024-07-30 | by ( Katie Bartlett | ) www.cnbc.com time to read: +1 min

CrowdStrike shares fell tumbled 11% on Tuesday to their lowest level of the year following a report that Delta Air Lines hired prominent attorney David Boies to seek damages from the security software vendor. CrowdStrike fell $28.98 to $228.83 as of early afternoon trading. Late Monday, CNBC's Phil Lebeau reported that Delta hired Boies, chairman of Boies Schiller Flexner, to seek compensation from CrowdStrike and Microsoft . No suit has been filed, Lebeau reported, and Delta didn't respond to a request for comment. The Department of Transportation said last week that it's investigating Delta due to the widespread flight disruptions and service failures.

Persons: CrowdStrike, David Boies, CNBC's Phil Lebeau, Boies, Boies Schiller, Lebeau, Harvey Weinstein, Elizabeth Holmes Organizations: Delta Air Lines, Microsoft, Delta, Department of Transportation, U.S, Hollywood

☆ CrowdStrike extends post-outage losses to 34% on report Delta has hired a lawyer to seek compensation
▼ + stars: | 2024-07-30 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +2 min

The stock fell as much as 13% on Tuesday alone after heavily-hit Delta reportedly hired a lawyer. No suit has been filed, but Delta plans to seek compensation from CrowdStrike, CNBC said. The continued fallout comes after CNBC reported that Delta hired attorney David Boies — chairman of Boies Schiller Flexner — to seek compensation for outage-related damages, according to CNBC. AdvertisementDelta's earnings will drop an estimated $350 million to $500 million this quarter as a result of the outage, according to Bloomberg. Following the Friday outage, Delta still canceled hundreds of flights on Tuesday, by when most other airlines had resumed normal operations.

Persons: —, David Boies —, Boies Schiller, Boies, Elizabeth Holmes, Al Gore, Harvey Weinstein Organizations: Delta, CNBC, Service, Hollywood, Microsoft, Bloomberg, United Locations: CrowdStrike, Delta, FlightAware

CNN —At least 43 people have died following major landslides in the southern Indian state of Kerala, officials said Tuesday. A massive rescue operation is underway in Kerala’s northeastern district of Wayanad, involving 250 people from the national and state disaster rescue force and the Kerala fire services, PM Manoj, Press Secretary to the Kerala Chief Minister, told CNN. “We don’t know if people have been washed away in the river but we are doing our best to rescue people. Rescuers help residents move to a safer place after multiple landslides hit Wayanad, in the southern state of Kerala, India, on July 30, 2024. In a post to X, Indian Prime Minister Narendra Modi said he was “distressed by the landslides in parts of Wayanad.

Persons: Manoj, ” Saseendran, Kowsigan, Stringer, ”, George, Narendra Modi, “, gratia Organizations: CNN, “, Reuters, “ Helicopters, Indian Locations: Kerala, Kerala’s, Wayanad, India, South Asia, China

☆ Delta hires powerful lawyer David Boies’ firm to seek compensation from CrowdStrike and Microsoft for its outage
▼ + stars: | 2024-07-30 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

And now it wants Microsoft and the cybersecurity firm that caused the problem to compensate it for at least some of its losses. Delta has hired high-profile attorney David Boies’ law firm to seek damages from cyber security firm CrowdStrike and Microsoft for the massive service issues it suffered last week following a badly flawed software update caused problems in a key computer program. The hiring of the firm of Boies Schiller Flexner, first reported by CNBC, was confirmed to CNN by a person familiar with the decision. Delta’s costs could total between $325 million to $475 million, according to a note published Tuesday by Savanthi Syth, airline analyst for Raymond James. Boies and his firm won $290 million in 2023 from JPMorgan Chase for Jeffrey Epstein’s sexual abuse victims.

Persons: Delta, David Boies, Boies Schiller, Savanthi Syth, Raymond James . Delta, ”, CrowdStrike, Patrick T, Fallon, Boies, JPMorgan Chase, Jeffrey Epstein’s, Elizabeth Holmes, Boeis, Harvey Weinstein, Weinstein, Jeffrey Epstein's, Peter Foley, Al Gore, Brown Organizations: New, New York CNN — Delta Air Lines, Microsoft, CNBC, CNN, Delta Air Lines, Los Angeles International Airport, Getty, Endeavor Air, Delta, JPMorgan, Theranos, Bloomberg Locations: New York, AFP, Perry v

☆ 'Baby Reindeer' actor Richard Gadd shared 'sexually explicit, violent, and derogatory' emails he says Fiona Harvey sent him. Here are 6 key takeaways from the court filing.
▼ + stars: | 2024-07-30 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

"Baby Reindeer" actor and creator Richard Gadd shared emails he claimed Fiona Harvey sent him. In a court filing, Gadd described the messages as "sexually explicit, violent, and derogatory." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Baby Reindeer" creator and actor Richard Gadd has shared in a court filing a selection of the abusive, explicit emails and voicemails that he claims Fiona Harvey, the woman said to have inspired his popular Netflix show, sent him over a three-year period.

Persons: Richard Gadd, Fiona Harvey, Gadd, Harvey, — Organizations: Service, Netflix, Business

Delta Air Lines has hired prominent attorney David Boies to seek damages from CrowdStrike and Microsoft following an outage this month that caused millions of computers to crash, leading to thousands of flight cancellations. CrowdStrike shares fell as much as 5% in extended trading on Monday after CNBC's Phil Lebeau reported on Delta's hiring of Boies, chairman of Boies Schiller Flexner. On July 19, a software update from CrowdStrike led to a historic outage of Microsoft systems, knocking numerous industries offline. While no suit has been filed, Delta plans to seek compensation from Microsoft and CrowdStrike, Lebeau reported. Insurance startup Parametrix estimated that the CrowdStrike incident resulted in a total loss of $5.4 billion for Fortune 500 companies, not including Microsoft.

Persons: David Boies, CNBC's Phil Lebeau, Boies Schiller, CrowdStrike, Lebeau, Delta hasn't, Harvey Weinstein, Elizabeth Holmes Organizations: Delta Air Lines, Microsoft, Airlines, Department of Transportation, Delta, U.S, Hollywood, Insurance, Fortune

☆ More than half of American renters who want to buy a home fear they’ll never afford one
▼ + stars: | 2024-07-29 | by ( Matthew Egan | Matt Egan | ) edition.cnn.com time to read: +5 min

Among those same renters who can’t afford to buy a home right now, 54% think it’s unlikely they’ll ever be able to, the poll found. The CNN poll found that 90% of renters younger than 45 say they’d like to buy but can’t afford it, compared with 79% of those age 45 and above. Most adults (53%) younger than 45 who want to buy but can’t afford it believe it’s at least somewhat likely they’ll eventually be able to buy a home. Among renters who want to buy but can’t afford it, 40% say the biggest barrier is saving for a down payment, according to the CNN poll. Seventy percent of Americans call owning a home essential to achieving the American dream, the CNN poll found.

Persons: SSRS, Brent Bjornsen, ” Bjornsen, Hurricane Harvey, We’re, ”, Baby, ’ Jeremy Andersson, Millennials, ” Andersson, “, Andersson, I’m, “ I’m, Zillow, they’ll, they’d, “ I’ve, “ It’s Organizations: New, New York CNN, CNN, Baby Boomers, Federal Reserve, National Association of Realtors, Covid Locations: New York, United States, America, Phoenix , Arizona, Houston, Atlanta , Georgia

☆ Opinion: Americans don’t have enough in the bank to weather unrelenting disasters
▼ + stars: | 2024-07-28 | by ( Opinion Daniel Kaniewski | ) edition.cnn.com time to read: +12 min

Even though floods have impacted 99% of US counties over the past 28 years, only 4% of homeowners have flood insurance. For those without flood insurance, FEMA provided $4,400 on average. Individuals and communities both have roles to play in building financial resilience to disasters. These Community Disaster Resilience Zones qualify for reduced local costs and additional technical assistance. Improving financial literacy is fundamental for making sound financial disaster preparedness decisions.

Persons: Daniel Kaniewski, Marsh McLennan, Beryl, Hurricane Harvey, Scott Olson, Daniel Kaniewski Marsh McLennan, Harvey, Hurricane Beryl, Greenlee Beal, Money, Nic Coury Organizations: Federal Emergency Management Agency, FEMA, CNN, Homes, US Chamber of Commerce, Allstate, Reuters, Stock, Wilder, National Flood Insurance Locations: Texas, Sugar Land , Texas, Alabama, Galveston , Texas, Florida, Virginia, Wilder Ranch, Santa Cruz , California, AFP, New York City

☆ Harvey Weinstein in hospital after testing positive for Covid-19 and contracting double pneumonia
▼ + stars: | 2024-07-25 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +1 min

CNN —Disgraced and imprisoned movie mogul Harvey Weinstein “tested positive for COVID and contracted double pneumonia in his lungs,” Juda Engelmayer, Weinstein’s spokesman, said in a statement Thursday. In addition, Mr. Weinstein tested positive for COVID and contracted double pneumonia in his lungs,” the statement said. Engelmayer also confirmed to CNN that Weinstein was transferred to the Bellevue Hospital Prison Ward late on Wednesday night. The New York Court of Appeals overturned a sex crimes conviction against Weinstein in April, but he has remained in custody in New York. In that case, Weinstein was sentenced to 16 years in prison.

Persons: CNN —, Harvey Weinstein “, Juda, “ Craig Rothfeld, Weinstein’s, Weinstein, Engelmayer Organizations: CNN, Prison, New, Manhattan, Attorney’s Locations: Bellevue, New York, Los Angeles

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