DIRS.INFO The most relevant business & tech news

☆ A Surprising Climate Find
▼ + stars: | 2024-06-27 | by ( Raymond Zhong | ) www.nytimes.com time to read: +1 min

We humans have settled in all sorts of precarious environments: parched deserts, barren tundra, high mountains. None are precarious in quite the same way as atolls, the tiny, low-lying islands that dot the tropics. As the planet warms and the oceans rise, atoll nations like the Maldives, the Marshall Islands and Tuvalu have seemed doomed to vanish, like the mythical Atlantis, into watery oblivion. Of late, though, scientists have begun telling a surprising new story about these islands. By comparing mid-20th century aerial photos with recent satellite images, they’ve been able to see how the islands have evolved over time.

Persons: they’ve Organizations: Marshall, Indian Locations: Maldives, Marshall Islands, Tuvalu, Pacific

☆ Election Updates: J.D. Vance says he’ll be disappointed if Trump doesn’t pick him as his running mate.
▼ + stars: | 2024-06-26 | by ( Michael C. Bender | ) www.nytimes.com time to read: +9 min

And AIPAC’s attacks have galvanized a concerted countercampaign by the left to try to discredit the group, which is bipartisan, among Democratic voters. Mr. Latimer ran up large margins in more moderate suburban communities, including ones with sizable Jewish populations. Mr. Bowman’s opponents churned out an unusually large amount of opposition research against him, including old blog posts dabbling in Sept. 11 conspiracy theories. Mr. Latimer returned to the episode repeatedly to argue that Mr. “He’s making the party look really bad,” said Sandra Altman, citing Mr. Bowman’s fire alarm episode and his left-leaning views, as she voted for Mr. Latimer in Scarsdale.

Persons: Jamaal Bowman, ”, Bowman, George Latimer, Dave Sanders, Israel, Marshall Wittmann, Bernie Sanders, Alexandria Ocasio, Cortez, Gregg Vigliotti, Bernie Sanders of, Ayanna Pressley, ’, Latimer, Cori Bush, Biden, “, Bowman’s, Stephen Colbert, Cash Cobain, Ocasio, Sanders, Reagan, Paul Feiner, “ I’ve, he’s, ” Marsha Gordon, Ms, Gordon, “ Jamaal Bowman, Sandra Altman, “ He’s, ” Molly Longman Organizations: Democratic, Israel, Westchester County, AIPAC, The New York Times, American Israel Public Affairs Committee, ., The New York Times Left, Justice Democrats, Cortez of New York, Bernie Sanders of Vermont, Massachusetts, Jewish, Democratic Party, Mr Locations: York, New York City, Gaza, Westchester, Israel, New York, Bronx, Cortez of New, Mount Vernon, Missouri, Yonkers, Latimer, Scarsdale, “, N.Y

☆ Spencer Milligan, ‘Land of the Lost’ star, dead at 86
▼ + stars: | 2024-06-26 | by ( Jack Guy | ) edition.cnn.com time to read: +1 min

CNN —Actor Spencer Milligan, best known for playing Rick Marshall in 1970s kids’ TV show “Land of the Lost,” has died at age 86. Milligan was born September 10, 1937, in Oak Park, Illinois, and died on April 18, according an obituary posted on the website of a funeral home in Sturgeon Bay, Wisconsin, where he lived. It was during this period that he played his most famous role, appearing in 30 episodes of “Land of the Lost” from 1974 to 1975. Wesley Eure as Will Marshall (left), Kathy Coleman as Holly Marshall (second-left), Philip Paley as Cha-Ka (second-right) and Spencer Milligan as Rick Marshall in "Land of the Lost." Milligan’s “Land of the Lost” co-stars Eure and Coleman paid tribute to their friend in a video posted on Facebook.

Persons: Spencer Milligan, Rick Marshall, ”, Milligan, Wesley Eure, Will Marshall, Kathy Coleman, Holly Marshall, Philip Paley, Cha, Ron Tom, Dukes, Hazzard ”, Kerry, Eure, Coleman, “ Organizations: CNN, “, Bank, Getty, “ Police, Facebook Locations: Oak Park , Illinois, Sturgeon Bay , Wisconsin, Illinois, California, Lake Michigan, “, Eure

☆ Hunter Biden’s DC law license suspended due to gun case conviction
▼ + stars: | 2024-06-25 | by ( Tierney Sneed | Marshall Cohen | ) edition.cnn.com time to read: +2 min

Washington CNN —Hunter Biden’s Washington, DC, law license has been suspended, according to a newly released order from a local court that pointed to his recent conviction on three gun crimes. The order was issued by Chief Judge Anna Elizabeth Blackburne-Rigsby of the DC Court of Appeals, which is the highest appellate court in DC and oversees the DC Bar. It is typical for bars in other states to reciprocate law license suspension or disbarment orders, meaning Biden’s license is also likely to soon be suspended in any other state where he is licensed. Biden has asked for a new trial in the gun case. During closing arguments in Biden’s gun trial, one of the prosecutors described him as a “Yale-educated defendant,” referring to the school where he earned his law degree.

Persons: Washington CNN — Hunter Biden’s, Anna Elizabeth Blackburne, David Weiss, Biden, Weiss, Boies Schiller, Flexner, Patrick Ho, Ho Organizations: Washington CNN, DC, of Appeals, DC Bar’s, Biden, Justice Department, GOP, Yale Locations: Washington CNN — Hunter Biden’s Washington, Wilmington , Delaware, Los Angeles, Hong Kong, Ho

☆ A US military aircraft just returned to a WWII airstrip that was once the site of a bloody battle in the Pacific
▼ + stars: | 2024-06-25 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

Read previewA US military cargo plane returned to a World War II airstrip on Saturday, a site in the Pacific region that Marines had to reclaim. "The landing of the C-130 on the resurfaced runway after many years hopefully begins a new chapter for a prosperous future of Peleliu island," Peleliu Governor Emais Roberts said in a United States Indo-Pacific Command press release. Hannah Hollerud/DVIDSThe aircraft's touchdown on the Peleliu airstrip epitomizes the US military's expanding footprint as it recognizes more bases may be needed to counter China's military build-up. Palau citizens would also be permitted to work, study, join the US military, and receive access to veteran healthcare. AdvertisementA U.S. Marine Corps KC-130J Super Hercules aircraft with 1st Marine Air Wing on June 22, 2024.

Persons: —, Emais Roberts, Eugene Sledge, Lance Cpl, Hannah Hollerud, Joe Biden Organizations: Service, Marines, Pacific Command, Business, Imperial, Marine Corps, Palau, Marine, HBO, . Marine Corps KC, 1st Marine Air, Marshall, 1st Marine Air Wing Locations: Pacific, Peleliu, United States, Republic of Palau, Micronesia, Palau, Philippine, Tinian, Guam

The plea deal allows Assange to avoid prison in the US and return to his native Australia. “That never came up in our conversations,” said David Stilwell, the State Department assistant secretary for the Pacific region during the Trump administration. Sessions’ focus on national security-related leaks was “probably one of the reasons why the [Assange] case had more traction,” Hickey told CNN. Hickey said he was not involved in the Assange case when he was a senior official at DOJ’s National Security Division from 2016 to 2023. Stilwell, the former State Department official under the Trump administration, pushed back on the Assange plea deal.

Persons: Julian Assange, Assange, Biden, Trump, ”, David Stilwell, Anthony Albanese, Joe Biden, General Merrick Garland, Chelsea Manning, Manning, Barack Obama, Obama, Trump’s, Jeff Sessions, Adam Hickey, ” Hickey, Hickey, “ Assange, who’s, Mayer Brown, Garland, Andrew McCabe, “, it’s, ” McCabe, Stilwell, ” Stilwell, Bradley Moss, would’ve, ” Moss, ” CNN’s Zachary Cohen, Marshall Cohen, Kevin Liptak Organizations: CNN, United, Wikileaks, State Department, Australian, Justice Department, FBI, Northern, London’s, US Justice Department, White, Pentagon, Army, Assange ., Department, Obama, Biden, DOJ’s National Security Division, Protect Journalists, Amnesty International, American Civil Liberties Union, Computer, Ecuadorian Locations: United States, Washington, London, Stockholm, Quito, Ecuador, Australia, Pacific, Virginia, London’s, Northern Mariana Islands, Iraq, Guantanamo, Washington ,

☆ Microsoft is one of the most overbought stocks on Wall Street. Here are the others
▼ + stars: | 2024-06-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

To that end, CNBC Pro used its stock screener tool to find the most overbought and oversold names on Wall Street, employing the 14-day relative strength index, or RSI, as a metric. Stocks that have a 14-day RSI above 70 are said to be overbought, indicating that shares might soon be due for a pullback. Microsoft was among the most overbought stocks this week, with an RSI of 74. Analyst price targets suggest more than 37% upside, per LSEG. With a RSI of about 19, real estate data firm CoStar Group was also among the most oversold stocks.

Persons: Nvidia, Brent Thill, Morgan Stanley, Meta Marshall, Vasu Raja, AAL, Ravi Shanker, Nicholas Jones, CSGP, —, Fred Imbert Organizations: CNBC Pro, Microsoft, Jefferies, American Airlines, U.S, JMP Securities Locations: Corning

☆ The billionaire summer calendar: How the world's wealthiest business icons spend their warmer months
▼ + stars: | 2024-06-22 | by ( Madeline Berg | ) www.businessinsider.com time to read: +1 min

Olympics: July 26-August 11The Olympic Games are a favorite for sports-loving billionaires like Bill Gates, seen here in 2008 at the Beijing Games. Tony Marshall - EMPICS/Getty ImagesWhile the Olympics are, in theory, an event for every spectator, billionaires enjoy the games a little differently and will do so in Paris this year. Billionaires with no official connection to this year's Olympics will no doubt be there, too, and in style. Bill Gates and Rupert Murdoch have attended the event with their families in years past, and newly minted billionaire Magic Johnson has played for Team USA and carried the Olympic torch. Tickets to events like the women's gymnastics final cost $6,500 each from the official ticket seller.

Persons: Bill Gates, Tony Marshall, Bernard —, Hennessy, Rupert Murdoch, Magic Johnson, Vistajet, Fraser Organizations: Beijing Games, Chandon, Team USA, Guardian Locations: Paris

☆ Taylor Wily, ‘Hawaii Five-0’ and ‘Forgetting Sarah Marshall’ Actor, Dies at 56
▼ + stars: | 2024-06-21 | by ( Emmett Lindner | ) www.nytimes.com time to read: 1 min

Taylor Wily, who played a shrimp truck vendor and police informant on the television reboot of “Hawaii Five-0,” and who in his earlier years was an acclaimed professional sumo wrestler, died on Thursday. Paul Almond, a legal representative for Mr. Wily, confirmed his death. Mr. Wily starred as Kamekona in more than 170 episodes of “Hawaii Five-0,” a reimagining of the 1970s crime drama that followed the escapades of state police officers on the island. His character became a fan favorite, gradually morphing into the show’s resident entrepreneur, running a shaved ice business and a helicopter tour company alongside his shrimp venture. “‘Hawaii Five-0’ could become ‘Kamekona Five-0,’” Masi Oka, who played Dr. Max Bergman on the series, said in a 2012 interview with CBS.

Persons: Taylor Wily, Paul Almond, Wily, ’ ” Masi Oka, Max Bergman Organizations: “, “ ‘, CBS Locations: “

One by one, each country with the money and the drive to compete started its own nuclear weapons program. Even with this kind of evidence in hand, science has reached only limited conclusions about how nuclear weapons testing affects individuals’ health. They helped create the 2021 Treaty on the Prohibition of Nuclear Weapons, signed by 93 countries, which bans the possession, use and testing of nuclear weapons. France has acknowledged its “debt” to Polynesians over nuclear testing, and it created a commission in 2010 to evaluate nuclear testing victim compensation claims, but it has never apologized. We are still wrestling with the damage wrought by testing nuclear weapons in our past.

Persons: —, Ernest Moniz, Barack Obama, ” Mr, Moniz, Trump, Trump’s, Biden, United States ’, Republic of Kiribati —, we’re, Robert Oppenheimer’s, Oppenheimer, Ben Wyatt, King Juda, Harry Truman, Oppenheimer’s, Karina Lester, ”, Willard F, Libby, Louis, couldn’t, Merril Eisenbud, Hinamoeura, Britain —, “, it’s, John Moody, Benetick Kabua Maddison, Maddison, Benetick, It’s, Vladimir Putin Organizations: Las, Washington, United States, Marshall, Embassy, D.C, Marshalls, U.S, Navy, United, Soviet Union, Britain, Atomic Energy Commission, St, Louis University, Washington University School of Dental Medicine, Bravo, U.S . Navy, Atomic Energy, Centers for Disease Control, Polynesia —, Nuclear Weapons, ., Pacific Mart, Educational, America Locations: U.S, Japan, United States, Russia, China, Nevada, Soviet Union, — Semipalatinsk, Kazakhstan, Reggane, Algeria, Montebello, Australia, Republic of Kiribati, Marshall Islands, Republic, Washington, Hiroshima, New Mexico, Las Vegas, Marshall, Hawaii, Philippines, Bikini, Atoll, Soviet, Africa, Polynesia, Xinjiang, The, Britain Britain, Britain, American, Kwajalein Atoll, France, France France, Tahiti, Nagasaki, Asia, Europe, India, Pakistan, North Korea, United, Kwajalein, Hawaii , California, Washington and Oregon, Arkansas, Springdale, you’re, Rhode Island, Moscow

☆ 4 ways one couple turned their café into a nearly $50 million business
▼ + stars: | 2024-06-19 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +5 min

"It was a small little dream that we had to open one cute, quaint, cozy coffee shop and café," owner Elisa Marshall told CNBC. AdvertisementIt was "a lot of sacrifice," Sormonte told CNBC, and "a lot of sweat and tears and love." Marshall told CNBC that they chose the name with the intent to create "the feeling of warmth and home." They struck a deal in 2020 with a private equity firm for "between $10 million and $20 million," CNBC reported. They also do catering and rent their café spaces for events — which together account for about 20% of Maman's yearly revenue, Marshall told CNBC.

Persons: —, Elisa Marshall, Maman, Marshall, Benjamin Sormonte, Sormonte Organizations: Service, CNBC, Business, Marshall, New York Magazine Locations: York, Canada, Manhattan, New York, Marshall, Spain, Ibiza, Southern France, Toronto, Sormonte

☆ 'It's how the EPP works, they always want more,' analyst says
▼ + stars: | 2024-06-18 | 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'It's how the EPP works, they always want more,' analyst saysJacob Kirkegaard, senior fellow at The German Marshall Fund of the United States, joins CNBC's Silvia Amaro in Brussels as leaders fail to come to an agreement on who will hold the EU top jobs following the elections.

Persons: Jacob Kirkegaard, CNBC's Silvia Amaro Organizations: EPP, German Marshall Fund of, EU Locations: United States, Brussels

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe spent $250,000 to open a New York bakery—now it brings in $50 million a yearElisa Marshall and Benjamin Sormonte invested all of their life savings, plus more money from family and friends, to open a cafe called Maman in New York in 2014. Last year, Maman's 34 locations brought in nearly $50 million. "It was one of the biggest financial risks we could ever take," says Marshall.

Persons: Elisa Marshall, Benjamin Sormonte, Marshall Locations: New York

Elisa Marshall and Benjamin Sormonte didn't want to be overly ambitious when launching a business in New York in 2014. Some items feature "a fun twist," Marshall says: The salted chocolate cookie sandwich with white chocolate ganache resembles a fancier, French version of an Oreo. Sormonte and Marshall didn't know how much launching a cafe in New York would cost, and ended up spending $250,000. The praise brought in waves of customers, and Maman brought in roughly $2 million in revenue during its first full year. And it was great," Marshall says, adding: "Next thing you know, we're the hottest cookie in New York."

Persons: Elisa Marshall, Benjamin Sormonte didn't, Marshall, Oprah Winfrey, Sormonte, — Marshall, childhoods, Armand Arnal —, Sormonte's, Marshall didn't, Maman Organizations: CNBC, Michelin Locations: New York, SoHo, Toronto, France, Montreal, Ibiza, Spain, New, Tribeca

☆ ALICEs, DINKs, HENRYs, and More: a Complete Guide
▼ + stars: | 2024-06-17 | by ( Erin Snodgrass | Jacob Zinkula | ) www.businessinsider.com time to read: +17 min

But the terms' recent popularity suggests people want to understand how they fit into the broader economy beyond standard measurements. But that, too, is uncertain: She said she was "dangerously close" to losing the aid because her income is too high. ALICEs tend to be older or younger workers, and while they're represented across racial groups, they're more likely to be Black or Hispanic. HIFI: High Income, Financially InsecureHIFI is the latest acronym to join the club. In a 2021 Medium post, Erica Dhawan defined "geriatric millennials" as millennials born in the early 1980s.

Persons: ALICE, HENRY, Kory, Anthony Klotz, Kantenga, DINK, They've, they've, Eric Anicich, Henry, Alice, haven't, Sarah, she's, — there's, they're, Carrie, Gen Zers, Brenton, Mirlanda, Neiman Marcus, Katie Notopoulos, Paige Connell, Connell, Chrissy Arsenault, Arsenault, Jimmy Simpson, who've, Rich, Christopher Stroup, Stroup, HIFIs, Erica Dhawan, Dwahan, Louis, —, Jewel Benjamin, Benjamin, micromanaging, Erin Snodgrass, Jacob Zinkula Organizations: FIRE, Business, LinkedIn, Texas, USC Marshall School of Business, : Asset, SNAP, Los Angeles Times, DINKs, Public School, Financial Independence, Sherwood News, Federal Reserve Bank of St, Federal Reserve, University of Michigan Health, Social, Social Security Locations: POLK, City, Dallas, Boston, Massachusetts, Colorado, Santa Monica , California, millennials, Georgia

While the concerts and races kick off on July 6, there are still a few avenues for how to buy NASCAR Chicago Street Race tickets. We've got you covered if you're looking for how to get tickets to NASCAR Chicago Street Race weekend 2024. The 2024 NASCAR Chicago Street Race offers three main general admission ticket options: Saturday-only tickets (NASCAR Xfinity Series race), Sunday-only tickets (Grant Park 165), and two-day passes. Date City Vivid Seats prices StubHub prices Time July 6, 2024 Chicago, Illinois $152 $142 8:45 a.m. July 7, 2024 Chicago, Illinois $138 $91 9:00 a.m. July 6 & 7, 2024 Chicago, Illinois $94 $416 8:45 a.m./9:00 a.m.How to buy tickets for NASCAR Chicago Street Race 2024You can buy original NASCAR Chicago Street Race 2024 tickets directly through the event's website. This year's NASCAR Chicago Street Race event has an incredible lineup of musical performances on July 6 and 7.

Persons: New Zealander Shane van Gisbergen, Kyle Larson, We've, they'll, Buddy Guy, Bill, Byron Stingily, Chip E, Curtis McClain, Dajae, D, Lori Branch, Lidell Townsell, Marshall Jefferson, Maurice Joshua, Ralphi Rosario, Wayne Williams, White Knight, Chuck, Roberts, Keith Urban, Lauren Alaina Organizations: Business, NASCAR Chicago, NASCAR Chicago Street, NASCAR, Grant, New, NASCAR Chicago Street Race, Chicago Locations: New Zealander, Chicago, Illinois, Ten, White

☆ These five stocks are primed for upside, including this alternative to Nvidia, Morgan Stanley says
▼ + stars: | 2024-06-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Morgan Stanley analysts named a slate of stocks this week they think are too attractive to ignore. CNBC Pro combed through Morgan Stanley research to find stocks that are primed for growth this summer. They include Apple, Toast, Broadcom, Arista Networks and Coca-Cola. Toast "Toast demonstrated its Vertical technology leadership, detailing its ability to efficiently gain share and monetize against an expanding opportunity. … New geographies, new verticals, new products, and increasing monetization across software and FinTech, underscore the compelling growth opportunity for Toast in the years ahead.

Persons: Morgan Stanley, Joseph Moore, Moore, Josh Baer, Baer, Meta Marshall, Marshall, … Arista, … Organizations: CNBC, Apple, Broadcom, Arista Networks, VMware, Breed, Arista Networks Arista, Arista

☆ How Morgan Stanley says to play the next wave of the AI trade
▼ + stars: | 2024-06-14 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

As the field of stocks that both serve artificial intelligence data centers and have outperformed the rest of the market grows, Morgan Stanley is changing its approach in a search for value. All of the stocks included are rated overweight at Morgan Stanley. Morgan Stanley upgraded Ciena Corporation to overweight as part of the note and in concert with its GVAT model. NVDA YTD mountain Nvidia stock. Other names on the Morgan Stanley list include Broadcom and Taiwan Semiconductor Manufacturing .

Persons: Morgan Stanley, Meta Marshall, Marshall Organizations: Nvidia, Wall, Ciena Corporation, Broadcom, Taiwan Semiconductor Manufacturing

☆ EU tariffs on EVs sting China but won’t halt BYD’s advance
▼ + stars: | 2024-06-13 | by ( Laura He | ) edition.cnn.com time to read: +8 min

The impact on China’s EV makers will vary depending on the level of tariff and each company’s cost structure. “One critical issue for China is that the EU accounted for 38% of China’s EV exports in 2023,” Sebastian said. In February, nine government agencies, including the Commerce Ministry and the central bank, vowed to provide support to accelerate Chinese EV makers’ global push. Tesla prices to riseIn contrast to BYD, state-owned carmaker SAIC is in a “disastrous” situation facing 38.1% in additional tariffs, according to Sebastian. Soula said China could retaliate by imposing tariffs on some European goods such as luxury cars, premium brandies or airplane parts.

Persons: Hong Kong CNN —, BYD, Tesla, Gregor Sebastian, ”, ” Sebastian, Etienne Soula, It’s, Sebastian, Geely, Andrew Bergbaum, don’t, Soula Organizations: Hong Kong CNN, European Union, EV, China’s, Alliance, Democracy, German Marshall Fund of, Commerce Ministry, SAIC, Volvo, European Commission, UBS, EU Locations: China, Hong Kong, European, Europe, Beijing, Asia, Brazil, Turkey, United States, EU, America, Shanghai, Hungary, Italy, Spain

☆ Museum Calls Off Kehinde Wiley Show, Citing Assault Allegations
▼ + stars: | 2024-06-13 | by ( Alex Marshall | Robin Pogrebin | ) www.nytimes.com time to read: +1 min

The Minneapolis Institute of Art announced Thursday that it had decided not to move forward with a planned Kehinde Wiley exhibition, citing recent allegations of sexual misconduct against the artist, which he has denied. The exhibition, called “An Archaeology of Silence,” originated at the Fine Arts Museums of San Francisco and has been traveling around the country. The Minneapolis museum put plans to stage the exhibition on hold after several men made accusations against Mr. Wiley, all of which he has denied. The first was in May, when an artist accused him of sexual assault in a post on Instagram. Mr. Wiley denied the allegations at the time, saying that “these claims are not true and are an affront to all victims of sexual abuse.”The Minneapolis Institute of Art said in an email that it “was considering taking the Kehinde Wiley exhibition, but as a result of these unfortunate allegations we will not be proceeding with this presentation.”

Persons: ”, Wiley, “ Organizations: Minneapolis Institute of Art, Wiley, Fine Arts Locations: San Francisco, Minneapolis

The bank also raised its price target to $160 from $115, suggesting 18% upside from Wednesday's close. — Michelle Fox 7:59 a.m.: KeyBanc raises Netflix price target Netflix's growth isn't going to slow down any time soon, according to KeyBanc Capital Markets. — Pia Singh 7:23 a.m.: Bank America raises price target on Boeing Bank of America is weighing the challenges and opportunities Boeing has to make a turnaround. She kept her $38 price target, which implies shares could drop just slightly from its latest close. — Pia Singh 5:45 a.m.: Jefferies names Microsoft a top pick Microsoft is "going for AI gold," according to Jefferies.

Persons: Jefferies, Christine Cho, — Jesse Pound, Clark, Anna Lizzul, Kimberly, — Michelle Fox, Justin Patterson, Patterson, — Pia Singh, Ronald Epstein, Epstein, Oppenheimer, Ulta, Rupesh Parikh, Parikh, Morgan Stanley downgrades Corning, Corning, Morgan Stanley, Meta Marshall, Marshall, Tom O'Malley, O'Malley, AVGO, JPMorgan's Harlan Sur, Timothy Arcuri, Brent Thill, Fred Imbert Organizations: CNBC, Microsoft, Barclays downgrades NextEra Energy Partners, NextEra Energy Partners, Barclays, Bank of America, Clark Bank of America, KeyBanc, Markets, Netflix, Bank America, Boeing Bank of America, Boeing, Broadcom, VMware, Google, UBS, Jefferies Locations: Kimberly, F2H25

☆ G7 nations poised to announce agreement on new loan for Ukraine as soon as Thursday, sources say
▼ + stars: | 2024-06-12 | by ( Kayla Tausche | ) edition.cnn.com time to read: +4 min

The loan is expected to be delivered by the end of 2024, which would ensure the money would get to Ukraine before a potential change in US presidents. “This loan will mostly be provided by the United States and will be supplemented by money from Europe,” an Élysée source told journalists at a briefing. “Countries are still discussing how to partition the cost if the profits from Russian assets are not sufficient to cover the need,” the French source added. G7 countries began brainstorming ways to identify longer-term sources of funding for Ukraine in late 2023, as lawmakers delayed in greenlighting the White House’s funding request. The World Bank estimates that Ukraine would need more than $500 billion to rebuild, a figure that climbs each day the war continues.

Persons: Joe Biden, Donald Trump, Trump, Vladimir Putin, Jake Sullivan, Biden, ” Sullivan, “, ”, Tim Adams, Marshall, Xiaofei Xu Organizations: Washington CNN —, US, Ukraine, Ukraine –, Atlantic, Treasury, State, National Security, Institute of International Finance, United, Marshall Plan, European, Bank Locations: Ukraine, Western, Europe, Russia, Brindisi, Italy, United States

One juror who found Hunter Biden guilty of three federal gun charges on Tuesday told CNN that he does not believe the president’s son should serve jail time. “I really don’t think that Hunter belongs in jail,” Juror 10 said. The juror pointed to the fact that Hunter Biden did not want the gun back after Hallie Biden took it out of his truck and threw it in the garbage near a grocery store. The juror said it didn’t make a difference for him that Hunter Biden did not take the stand in his own defense. “No politics came into play and politics was not even spoken about,” the juror said, reiterating it was all about Hunter Biden.

Persons: Hunter Biden, “, Hunter, Hallie Biden, ”, Naomi Biden, Hunter’s Organizations: Tuesday, CNN

☆ Much more difficult for EU to make protectionist moves, says think tank
▼ + stars: | 2024-06-11 | 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 EmailMuch more difficult for EU to make protectionist moves, says think tankDaniel Hegedus of the German Marshall Fund of the United States discusses EU-China trade ties and the prospect of tariffs.

Persons: Daniel Hegedus Organizations: EU, German Marshall Fund of Locations: States, China

☆ Hunter Biden convicted on all 3 charges at federal gun trial
▼ + stars: | 2024-06-11 | by ( Marshall Cohen | Holmes Lybrand | ) edition.cnn.com time to read: +7 min

CNN —A federal jury has convicted Hunter Biden on all three federal felony gun charges he faced, concluding that he violated laws meant to prevent drug addicts from owning firearms. Leaving the courthouse after the verdict, Hunter Biden shuffled his family members into an elevator as he held hands with his wife. The weeklong gun trial featured intensely personal and gut-wrenching testimony about Hunter Biden’s well-known struggles with alcoholism and crack cocaine addiction. Hunter Biden’s defense team argued, unsuccessfully, that he didn’t view himself as a user or addict when he bought and possessed the gun. Defense attorney Abbe Lowell had implored the jury to acquit Hunter Biden on those grounds.

Persons: Hunter Biden, Joe Biden’s, David Weiss, Melissa, ” Hunter Biden, God, Biden, “, ”, “ Jill, Hunter, Jill, Jill Biden, Kevin Morris, Valerie Biden, Biden’s, Donald Trump, Hunter Biden’s, Trump, Joe Biden, Weiss, Weiss ’, Maryellen Noreika, ” Prosecutors, Hallie Biden, Beau Biden –, Abbe Lowell, acquit Hunter Biden, CNN’s Hannah Rabinowitz, Paula Reid, Kit Maher Organizations: CNN, Department, Trump, ” Locations: Delaware, “, New York, China

Search resuls for: "Marshall"

25 mentions found