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The blasts that rocked Lebanon for a second day reached the doors of a walkie-talkie maker in Japan on Thursday, as Israel’s declaration of a “new phase” to the conflict raised fears of all-out war. As the world urged against further escalation after months of devastating war with Hamas in Gaza, Israel indicated its focus had shifted to its northern border with Lebanon. “We are at the start of a new phase in the war — it requires courage, determination and perseverance on our part,” he said. In northern Israel, at least eight people were injured by anti-tank fire from across the Lebanon border, health authorities said early Thursday. While Israel has not taken responsibility for the attacks, the militant group and Lebanese officials also pinned the blame on Israel.
Persons: pagers, Hassan Nasrallah, Yoav Gallant, , Gallant, Defense Lloyd Austin, Israel, Abdallah Rashid Bouhabib, NNA, Icom, Kazuhiro Nogi, ” Yoshiki Enomoto, Enomoto, didn't, ” Icom, Cristiana, Gold, Arcidiacono Organizations: , Defense, NBC News, . Security, Lebanese Telecommunications Ministry, Getty, Reuters, Icom, NBC, Consulting, Taiwanese Ministry of Economic Affairs Locations: Lebanon, Japan, Iran, Gaza, Israel, U.S, New York, Taiwan, Bulgaria, Beirut, Osaka, Tokyo, AFP, East
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDisney is gearing up to stop using the messaging platform Slack, causing apparent grumblings in some corners of the company. Some of the workers complained about an apparent plan to transition to Microsoft Teams, a Slack rival, according to the screenshots. Read the full memo from Disney's CFOFellow Employees and Cast Members, Collaboration is at the heart of our employee culture. Our technology teams are now managing the transition off Slack by the end of Q1 FY25 for most businesses, with DX and more complex use cases following in Q2 FY25.
Persons: , Slack, Hugh Johnston, Oliver Darcy, Disney's Slack, Hugh, they'd Organizations: Service, Business, Disney, Wired, Street Journal, Microsoft Teams, Microsoft
The Israeli military said it had struck Hezbollah infrastructure and a weapons storage facility in southern Lebanon in overnight airstrikes. Israeli artillery also struck several areas in southern Lebanon, the IDF said in a statement. In northern Israel, at least eight people were injured by anti-tank fire from across the Lebanon border, health authorities said early Thursday. While Israel has not taken responsibility for the attacks, the militant group and Lebanese officials also pinned the blame on Israel. Whether original Gold Apollo products were tampered with, or entirely fake ones manufactured, was still being investigated, a spokesperson for the Taiwanese Economic Affairs Ministry told NBC News.
Persons: Hassan Nasrallah, Yoav Gallant, Gallant, Lloyd Austin, Israel, Abdallah Rashid Bouhabib, NNA, Icom, Yoshiki Enomoto, Enomoto, didn't, Cristiana, Gold, Arcidiacono Organizations: Hamas, Israeli, NBC News, United Nations Security Council, Lebanese Telecommunications Ministry, Reuters, Icom, NBC, Consulting, Taiwanese Economic Affairs Ministry Locations: Beirut's, Lebanon, Japan, Iran, Gaza, Israel, U.S, New York, Taiwan, Bulgaria, Beirut, Osaka, East
USPS will work “around the clock” and implement “extraordinary measures” to ensure the timely delivery of mail-in voting, DeJoy said. A record 43% of voters cast mail ballots in 2020, during the Covid-19 pandemic. The level isn’t expected to be as high this year, but many states across the country have expanded the availability of mail-in voting. The USPS says during the 2020 election, which was conducted amid the Covid-19 pandemic, it delivered nearly 99% of ballots from voters to election officials within seven days. Specifically, the election officials said they’ve experienced “exceptionally long delivery times” for election mail, including ballots, which could lead to those ballots getting rejected because they didn’t arrive before the deadline.
Persons: Louis DeJoy, ” DeJoy, Donald Trump, , DeJoy, we’re, , “ …, Trump, Trump’s, they’ve Organizations: CNN, US Postal Service, Postal Service, USPS, GOP, Governors, Trump, National Association of, State Locations: American
Palmer Luckey's Anduril is bringing its tech to the US Army's Integrated Visual Augmentation System. Luckey, who was ousted from Facebook, added that he is among the smartest people in the VR industry. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Palmer Luckey, the billionaire founder of Oculus VR and Anduril Industries, is bringing his virtual reality software to the military world after inking a new deal announced on Thursday.
Persons: Palmer, Luckey, , Palmer Luckey Organizations: Facebook, VR, Service, Anduril Industries, US, Business
YouTube will also integrate generative AI text and image output into an “Inspiration” feature for creators, which is intended to feed them suggestions and examples for video content. Mohan said that 92% of YouTube creators already use AI tools. The new AI video creation tool is called “Veo.” Creators will input text prompts to create AI images, which can then become the basis of the six-second clips. Mohan teased it with an AI-generated video of a dog and a sheep becoming friends. YouTube is the latest platform to announce AI-generated video capabilities, following demos from OpenAI of their text-to-video technology Sora.
Persons: Neal Mohan, Mohan, , Sarah Ali, Sora, Ali, DeepMind, Vivien Lewit, monetize, livestream Organizations: YouTube, NBC News, Microsoft, Meta, Google, Shorts Locations: Google’s Manhattan
He just missed making the top 10 again when the 1981 single “Her Town Too” — a duet with James Taylor — peaked at No. I had an agent, but I don’t know that I really read for any of those roles. In a 2018 interview with the Chicago Tribune, Souther said that he was still friendly with most of his superstar collaborators. I don’t really want to be stopped when I’m in the grocery store and have somebody pay a bunch of attention to me. Donations in JD’s honor can be made to Best Friends Animal Society, an organization that was very important to him.
Persons: JD Souther, , Souther, Karla Bonoff, ” “ James Dean, ” “ Doolin, Don Henley, Souther’s, Roy Orbison, James Taylor —, Linda Ronstadt, George Strait, Bonnie Raitt, , ’ ” Souther, , Glenn Frey, , JD didn’t, ” Souther, Steven Spielberg, Ed Zwick, , Mike Nichols, Ed, Longbranch, David Geffen’s, John David Souther, Chris Hillman, Richie Furay, Buck Owens, Merle Haggard, Waylon Jennings, Clark, Poco, Linda, won’t, Jackson Browne, Glenn, Waddy, Danny Kortchmar, Taylor, Warren Zevon, Don, Jackson, Zevon, Linda —, Sill, doesn’t, Rose, Dawn, Ronstadt, I’m, Browne, “ Don, David Geffen, ’ I’ve, Frey, Henley, … It’s, you’re, Souther —, Nashville —, “ Glenn Frey, “ She’s, Linda Ronstadt’s, Stevie Nicks, Judee Sill, “ Faulkner, I’ve Organizations: Eagles, PR, , Dixie, Creative Independent, Nashville ”, Songwriters Hall of Fame, David Geffen’s Asylum, British Museum, Souther, Hillman, CSN, Byrds, Dillard, Brothers, Asylum, Hollywood, Chicago Tribune, Jackson, Troubadour, Kia, Facebook, Animal Society Locations: New Mexico, Southern California, Town, , L.A, , , Orange County, Detroit, Henley’s, Texas, I’m, Linda’s, Arizona, New York, Boston, Mars, Columbia, New England, Japan, Wellington , Texas, Nashville, San Francisco, California, Arizona Republic, Europe
If you don't recognize the brand's name, you might know its iconic grooved aluminum luggage. LVMH acquired the now-126-year-old German company in 2016Hugues Bonnet-Masimbert, CEO of Rimowa, told BI that the company's buyers are split evenly between male and female. Brittany Chang/Business InsiderRimowa gave rise to two of the largest hard-shelled luggage trends when it debuted its aluminum luggage in the 1920s and its polycarbonate options eighty years later. (Hugues Bonnet-Masimbert, CEO of Rimowa, told BI that the company is constantly monitoring and improving its quality.) Brittany Chang/Business InsiderJust don't bring your luggage in for repairs when it inevitably gets scuffed up.
Persons: , John Baptist's, he's, Martha Stewart, Rodger Federer, Billie Eilish, Baptist, John Baptist It's, LVMH, Hugues Bonnet, Brittany Chang, Louis Vuitton, Tiffany, Bernard Arnault's, Rimowa, they've, Tania Antonenkova, Tania Antonenkova Tania Antonenkova, Birkin, she's, Antonenkova, Carter Smith, Smith, doesn't, Haines, Masimbert, Vanessa Garoute, Garoute, Vanessa Garoute Garoute, — she's, you'll, Jane Birkinifying Organizations: Service, Business, York City Locations: Los Angeles, China, Europe, Asia, North America, Germany, Miami, Vegas, France, Rimowa's, York
At Google's Made on YouTube event on Monday, the product roadmap was clear: AI, AI, and more AI. But as AI tools become even more integrated into YouTube, one has to wonder: Will AI content ultimately overtake human content on the app, and does YouTube worry about that? That said, the company isn't opposed to allowing AI content to proliferate across the platform, Voolich said. Some influencers such as MrBeast and Dude Perfect are testing out AI tools as a means to work more efficiently. "YouTube very much puts its partners first," Voolich said, describing a group that includes music artists, video creators, and other creatives.
Persons: D4vd, Joe Ando, Johanna Voolich, Voolich, It's, it's Organizations: Service, YouTube, Google, Business Locations: ideation
CNN —Microsoft said Tuesday that Russian operatives have in recent weeks intensified their online attacks on Vice President Kamala Harris’ campaign by producing and disseminating videos promoting “outlandish conspiracy theories” aimed at stoking US racial and political divisions. One of the inauthentic videos, which Microsoft said had been viewed millions of times, claimed to show Harris supporters attacking an attendee of a Donald Trump rally. Russian operatives promoted the latter story through a website pretending to be a local San Francisco media outlet, Microsoft researchers said. CNN has requested comment on the Microsoft report from the Harris-Walz campaign and from the Russian Embassy in Washington, DC. Tehran has conducted a covert social media activity in an effort to undercut Trump’s candidacy, US officials have said.
Persons: Kamala Harris ’, Harris, Donald Trump, denigrate, , haven’t, Joe Biden, Hillary Clinton, Walz, , Biden, , ” Clint Watts Organizations: CNN, Microsoft, Russian, Ukraine, National Intelligence, Russian Embassy, Democratic, The, Department, Justice Department, Tenet Media, Monday, Trump, FBI Locations: San Francisco, Russia, Moscow, Russian, Washington , DC, Iran, Tehran
The Federal Reserve is set to cut interest rates Wednesday for the first time in four years, which should make the yields for dividend stocks even more attractive, lifting the group. Using the CNBC Pro Stock Screener tool, we searched for stocks with a dividend yield above 3% and a low debt-to-equity ratio under 60%. Click here to view the results on CNBC Pro's Stock Screener tool and to make your own screener. Coterra Energy and ConocoPhillips are other energy names with strong dividends and attractive returns, according to the CNBC Pro screener. Other strong dividend stocks from the screen include Truist Financial and phosphate and potash mining company Mosaic .
Persons: Morgan Stanley, Devin McDermott, McDermott, Bank of America Wamsi Mohan, Mohan Organizations: Federal, Exxon Mobil, ConocoPhillips —, CNBC, Stock, CNBC Pro's, Energy, Exxon, Chevron, Devon Energy, Coterra Energy, ConocoPhillips, CNBC Pro, Hewlett Packard Enterprise, Bank of America
China sent several warships and 15 aircraft to waters off Russia’s Far East coast for Ocean-2024, according to the Russian military. The latest Russia-China military drills fit a pattern of more than a decade of enhanced military coordination between the two countries, experts say. The joint drills also raise questions about whether the two nuclear-armed powers, which are not treaty allies, could act together in any potential future conflict. Russian military sailors attend the opening ceremony for a joint naval exercise in the South China Sea in July. But observers say that despite the growing coordination within joint drills, it’s unlikely there is a clear end goal past sending a strong signal – at least for now.
Persons: Vladimir Putin, Putin, Xi Jinping, Sergei Bobylev, Xi, , “ They’re, , Alexander Korolev, Washington’s, Carl Schuster, Korolev, it’s “, Elizabeth Wishnick, , Russia –, James Char, Schuster Organizations: Hong Kong CNN, Kremlin, Canadian, Putin, NATO, Sputnik, Reuters, Soviet, Center for Strategic, International Studies, CNN, Russian, CSIS, University of New, US Navy, Pacific Command’s Joint Intelligence Center, Russian Defense Ministry, Beijing, South China, Pacific Security Affairs Division, CNA, India, Nanyang Technological University’s Institute of Defense, Strategic Studies, China, Navy Locations: China, Hong Kong, United States, Moscow, Russia, Ukraine, East, Ocean, Russian, Japan, Alaska –, South China, Beijing, Washington, Taiwan, Soviet Union, Communist China, Alaska, Pacific, University of New South Wales, Sydney, Asia, Germany, Philippines, South, Iran, lockstep, Nanyang, Singapore
This has renewed focus on China's homegrown efforts to rival Nvidia and create semiconductors that can underpin the world's second-largest economy's own AI industry. Huawei then sells these chips as a part of servers that go into data centers to train AI models. Alibaba and BaiduAlibaba and Baidu both buy Nvidia chips but they are also designing their own semiconductors for AI processes. Inference is the process that follows the training of AI models, as it refers to the actual application of AI in the real world, such as a chatbot responding to user queries. Moore ThreadsMoore Threads, founded in 2020, is developing GPUs designed to train large AI models.
Persons: Paul Triolo, Albright Stonebridge, Baidu Alibaba, Wei Sun, Moore, KUAE, ByteDance Organizations: Istock, Getty, Nvidia, CNBC, Huawei Huawei, Huawei, Wall, Alibaba, Baidu, Counterpoint Research, Biren, Technologies, China Morning, Cambricon Technologies, U.S, Sequoia, GGV Locations: China, U.S, Beijing, Washington, Shenzhen, Biren's
Bank of America reiterates Amazon as buy Bank of America said it's sticking with its buy rating on Amazon following CEO Andy Jassy's letter to employees on Monday. Bank of America adds Palantir to the US1 list Bank of America added the stock to its top picks list. Bank of America reinstates Carvana as buy Bank of America resumed coverage of Carvana and upgraded it to buy saying it sees accelerating growth. Bank of America upgrades Hewlett Packard Enterprise to buy from neutral Bank of America said shares of the company are "attractive." Bank of America upgrades GE Vernova to buy from neutral Bank of America said it sees a "power surge" for the stock.
Persons: Oppenheimer, Andy Jassy's, Andy Jassy, Bernstein, Tesla, underperform Bernstein, Redburn, LSCC, Ford Tamer, Mizuho, DELL, Morgan Stanley, Virgin, Jefferies, it's bullish, JEF, ARMK, Baird, BTIG, " Jefferies, SolarEdge Organizations: Nvidia, " Bank of America, Bank of America, Semiconductor, Stifel, Board, Dell, JPMorgan, ViaSat, United Airlines, Viasat, IFC, Virgin Galactic, Virgin, Citi, UBS, APP, RBC, Baird Conference, Burger, Walmart, Technologies, Healthcare, Barclays, D, WEC, Hewlett Packard Enterprise, of America, Hewlett, Packard Enterprise, GE, Gas Power Services Locations: Europe
Read previewIt's shaping up to be a bustling period for new hedge funds. Startup funds have allies in investment bank prime brokerage units, a crucial lifeline to hedge funds and a growing business on Wall Street. AdvertisementMorgan Stanley has long been home to one of the top prime brokerages, and serving hedge funds is key to the bank's equities ambitions. These are 3 of the top stumbling blocks for startup fund managers and how to handle them, according to Novick and Shaw. AdvertisementBut beyond that, continuing to engage with prospects is simply a sound business strategy.
Persons: , Jon Caplis, Morgan Stanley, Ted Pick, Penny Novick, Kim Shaw, Shaw, Morgan Stanley's, Novick, they're, allocators, Hone, haven't Organizations: Service, Business, Viking
TSMC's chip foundry model enabled fabless companies like Nvidia and Apple to thrive. Go to newsletter preferences Thanks for signing up! AdvertisementThere is a good chance that Taiwan Semiconductor Manufacturing Company, or TSMC, is involved in almost every electronic device you see. Founded in 1987 by entrepreneur Morris Chang, the silicon wafer maker used a pure-play foundry model. This model involved other companies designing computer chips and then contracting TSMC to manufacture them.
Persons: C.C, , Morris Chang, It's Organizations: Nvidia, Apple, Service, Taiwan Semiconductor Manufacturing Company, Qualcomm, AMD, Intel, Samsung Locations: Arizona
Apple released the latest version of its iPhone operating system, iOS 18, on Monday, including several new security and privacy features. The rollout comes a week after Apple unveiled new versions of the iPhone, AirPods and Apple Watch. Here's a rundown of some new security and privacy features and how to access them. A new Passwords app to improve on iCloud keychainApple has created a separate app for storing user passwords. AI privacy protectionsSeparately, Apple will soon be launching Apple Intelligence, an artificial intelligence platform developed by Apple.
Persons: Steve Jobs, Apple, Jodi Daniels, Thorin, Klosowski, Daniels Organizations: Apple, Steve, Apple Watch, Red Clover Advisors, Electronic Frontier Foundation, Apple Vision, Apple Intelligence Locations: Cupertino , California, U.S, Keychain
Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. Intel shares jumped 8% in extended trading Monday after the company said it plans to turn its foundry business into an independent unit with its own board and the potential to raise outside capital. Gelsinger said the restructuring would allow the foundry business to "evaluate independent sources of funding," and comes days after Intel's board met to assess the direction and future of the company. The foundry business, which Intel plans to use to manufacture chips for other customers, has been a big drag on its bottom line, with the company spending roughly $25 billion on it in each of the last two years. With a standalone "operating board" and a cleaner corporate structure, the mechanics of a separation become far easier than trying to turn a fully integrated unit into a separate company.
Persons: Pat Gelsinger, Pat Gelsinger's, Gelsinger Organizations: Intel, Nvidia Locations: Taipei, Altera
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The new platform, called Condor, was initially designed to replace a cobbled-together patchwork of different systems — some built more than a decade ago — underpinning Man AHL, the firm's systematic-trading arm. Over time, Man built different systems to trade them all. With Condor, Fitzgerald wants to bring those together — the research, the trading, and the logging — into a single platform. But software engineers adding functionalities, risk teams managing exposure, and support teams ensuring trading systems are running will also be using Condor.
Persons: , Barry Fitzgerald, Fitzgerald, cohead, it'll, Condor Organizations: Service, Business, Condor, Man AHL, AHL
To that end, the recommendations of top Wall Street analysts can help investors choose stocks with strong fundamentals and the ability to pay consistent dividends. Here are three dividend stocks, highlighted by Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. MPLX LPWe start this week with MPLX (MPLX), a midstream energy player. Recently, RBC Capital analyst Elvira Scotto reiterated a buy rating on MPLX stock with a price target of $47. The company recently paid a base dividend of $1.25 per share of common stock and a variable dividend of $1.27 per share.
Persons: Wall, Elvira Scotto, Scotto, TipRanks, Scott Hanold, Ivan Feinseth, Feinseth Organizations: Wall, MPLX, RBC Capital, Logistics, Energy, Hanold, Chord Energy, Tigress Locations: buybacks, Williston
The U.S. Navy's first coed submarine has been commissioned and is ready for service in the fleet, the Navy announced on Saturday. "The Navy’s latest Virginia-class submarine joins the fleet." Currently there are in excess of 60,000 enlisted women serving in the U.S. Navy, according to Women in the Navy.com. The submarine was commissioned during a Saturday morning ceremony at Naval Weapons Station Earle in Middletown Township, New Jersey, according to the Department of Defense. "The future of Naval warfare starts here, and it's more inclusive, stronger and more capable than ever," the Navy video said.
Organizations: U.S, Navy's, Navy, USS, Stripes, U.S . Navy, Naval Weapons Station, Department of Defense, Naval, DoD Locations: USS New Jersey, Virginia, New Jersey, Middletown Township , New Jersey, Korea, Vietnam
Read previewMegan Ellison's award-winning video game company has a problem: Nobody wants to work there. Ellison is the daughter of Larry Ellison, the billionaire cofounder of the world's third-largest software company, Oracle. Megan Ellison founded her film studio, Annapurna Studios, in 2011, later adding Annapurna Interactive, the company's gaming division, in 2016. The company told Bloomberg that it explored the idea of a "spinoff" company, but could not reach an agreement. "Our top priority is continuing to support our developer and publishing partners during this transition," Ellison told the outlet.
Persons: , Megan Ellison's, Ellison, Larry Ellison, Megan Ellison, Edith Finch, Nathan Gary —, Gary, Deborah Mars, Nathan Vella, Annapurna, Hector Sanchez, We're Organizations: Service, Oracle, Annapurna Studios, Annapurna Interactive, Business, Bloomberg, Annapurna, Hollywood, Epic
Here are Friday's biggest calls on Wall Street: Raymond James initiates Arm as outperform Raymond James said the semis company is well positioned for AI. Citi downgrades Capri Holdings to neutral from buy Citi said the risk/reward is more balanced for the owner of brands like Michael Kors. UBS reiterates Oracle as buy UBS raised its price target on the stock to $200 per share from $175. The feedback on Oracle's top-line growth was overall positive..." UBS reiterates PNC as buy UBS said the bank is a high conviction idea. " Citi resumes Eli Lilly as buy Citi resumed coverage of the stock and says it's well positioned.
Persons: Raymond James, Jefferies, SLG, CFRA, it's, datopotamab, Michael Kors, haven't, Morgan Stanley, EQT, Citi, Eli Lilly, Lilly, Tesla, BEV, Wells Organizations: Arm Holdings, ARM, Citi, Green, Kroger, Macquarie, Rio Tinto, Deutsche Bank, AstraZeneca, Deutsche, Capri Holdings, Barclays, Garmin, GM, BMO, GE, UBS, Oracle, Oracle's, PNC, JPMorgan, Netflix, JPMorgan downgrades Moderna, Nvidia, NVIDIA Locations: GenAI, New York, Rio, RIO, Las Vegas
CNN —The Biden administration is expected on Friday to announce a major effort to blunt the global influence of RT and expose what it says is the Russian state media network’s key role in the Kremlin’s global intelligence and influence operations, according to a senior administration official and three other sources familiar with the matter. A key finding from the new US intelligence is that, for more than a year, the Russian government has quietly embedded an intelligence-gathering unit within RT that is focused on influence operations globally, one of the sources familiar said. That activity has been part of US officials described as a big expansion of RT’s role as an arm and mouthpiece of the Kremlin abroad. The activity goes beyond propaganda and covert influence operations to even include military procurement, the source said. The US believes RT propaganda and disinformation has been key to generating pro-Russia reactions to the Ukraine war globally, the senior administration official said.
Persons: CNN —, Biden, , , RT, Trump, Joe Biden Organizations: CNN, State Department, Kremlin, of Justice, UN, Assembly, US Department of Justice, US, European Union, Saharan Africa RT, Huawei Locations: Russian, Russia, America, Ukraine
The counting and certification of electoral votes at the Capitol in January — the first since the Jan. 6 riot in 2021 — will come with significantly increased security, the Secret Service said Wednesday. The Department of Homeland Security has designated the Jan. 6 count as a national special security event, affording it a level of security similar to events like the State of the Union address and the Super Bowl. “National Special Security Events are events of the highest national significance,” Eric Ranaghan, the special agent in charge of the Secret Service’s Dignitary Protective Division, said in a statement Wednesday. The Secret Service, which is part of the Department of Homeland Security, also cited reports from the former House Jan. 6 committee and the Government Accountability Office, which had asked Homeland Security Secretary Alejandro Mayorkas to consider the enhanced security measures. The designation will unlock federal, state and local resources to be used in its security plan, the Secret Service said.
Persons: Donald Trump's, Joe Biden's, ” Eric Ranaghan, , Muriel Bowser, Alejandro Mayorkas Organizations: Capitol, Service, Department of Homeland Security, Super, Secret, Republican, Democratic, United Nations General Assembly, Office, Homeland, Justice Department
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