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☆ American who's lived abroad for 17 years shares work-life balance lessons: Unused PTO won't 'get you anywhere'
▼ + stars: | 2024-08-09 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

"I've grown up with the American perspective that your career is really important," Ingrim tells CNBC Make It. Ingrim has worked for financial service companies across Europe, which typically provided 25 vacation days per year on top of around 10 public holidays. "If you go to a party in the U.S., one of the first things people do is ask each other what they do for work," Ingrim explains. The social norm reflects an overall culture that prioritizes life outside of work more so than the typical U.S perspective. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Alex Ingrim, I've, That's, Ingrim, He's, Chase Buchanan, Louisa Organizations: CNBC, Chase Buchanan USA Locations: U.S, France, Malta, Italy, Europe, Florence

☆ Lyft just upped the ante in its battle against Uber by taking aim at surge pricing
▼ + stars: | 2024-08-08 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Lyft calls surge pricing "Primetime," and CEO David Risher admitted on an earnings call on Wednesday that it has a bad reputation among customers. While surge pricing isn't ending, Risher said Price Lock "can chip away at how often it occurs" and give riders "a reason to choose Lyft." Related storiesAn Uber spokesperson did not immediately respond to Business Insider's request for comment on Price Lock. Rideshare apps like Uber and Lyft are some of the most visible examples of what the retail industry calls "dynamic pricing." AdvertisementBut surge pricing has since become a common part of using rideshare services.

Persons: —, Uber, David Risher, Risher, Price, They're, Dara Khosrowshahi Organizations: Service, Business, Companies, Walmart, Reuters

☆ Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies
▼ + stars: | 2024-08-08 | by ( Todd Haselton | ) www.cnbc.com time to read: +1 min

Alex Karp, CEO of Palantir Technologies, walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 10, 2024. Palantir shares closed up 11% on Thursday after the company announced a partnership with Microsoft to sell secure cloud, analytics and artificial intelligence capabilities to the U.S. defense and intelligence communities. Palantir reported earnings earlier in the week, raising its annual revenue forecast to between $2.74 billion and $2.75 billion, from $2.68 billion to $2.69 billion. Microsoft said the partnership would allow U.S. defense and intelligence organizations to build AI tools for action plans and logistics, among other things. Palantir, co-founded by billionaire Peter Thiel, will work with Microsoft to provide trial services and training sessions.

Persons: Alex Karp, Peter Thiel, Palantir Organizations: Palantir Technologies, Allen, Co . Media, Technology Conference, Microsoft, Foundry, Apollo, AIP, intel Locations: Sun Valley , Idaho, Gotham

☆ Nice guys finish first: 7 secrets to success at Blackstone, according to a campus recruiter, a former intern, and other firm insiders
▼ + stars: | 2024-08-08 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

This summer, Gray addressed Blackstone's summer interns about how they might advance at the firm, according to a recent LinkedIn post. AdvertisementBut how exactly does one go about being "nice" at Blackstone? Here's how to succeed at Blackstone, according to three executives, an ex-intern, and public comments made by top leaders including Gray and Schwarzman. "Steve Schwarzman always says it is just as easy to hire a smart, nice person as a smart, not nice person," Ross told BI. That's just not who we are as a firm," Ross said, adding, "We think investing's a team sport."

Persons: —, Jon Gray, Blackstone, Gray, Steve Schwarzman, that's, Morgan Stanley, Thomson, Schwarzman, Lehman, we'll, Paige Ross, Blackstone Paige Ross, niceness, Ross, That's, Marshall Plumlee, Plumlee, Marshall Plumlee dunking, Mark J, Terrill, Marshall, Jahlil, you've, it's, Peter Peterson, Jeenah, they're, They're, Taylor Kanfer, we're, Kanfer, Joe Zidle, Blackstone . Blackstone Zidle, Zidle Organizations: Service, Business, Blackstone, Blackstone —, Lehman Brothers, Thomson Reuters, Duke University's, NBA, New York Knicks, Milwaukee Bucks, Associated Press, Duke, 75th Ranger Regiment, Army, LinkedIn, Veterans Network, Blackstone . Locations: Blackstone, New York, Manhattan, Afghanistan

☆ Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders
▼ + stars: | 2024-08-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Discovery CEO David Zaslav needs a win. Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that his company is a worthy investment. Warner Bros. Discovery shares have fallen about 70% since April 8, 2022, the day the merger closed. Making matters worse for him, Zaslav has long been one of the highest paid CEOs in the country.

Persons: David Zaslav, Zaslav, Chris Licht, John Malone, That's, WarnerMedia, Robert Fishman Organizations: Warner Bros, Discovery, CNN, Boston, NBA, Warner Bros . Discovery Locations: U.S

☆ Nikkei 225: Japan stock market rally fades as fears of US economic slowdown, yen volatility return
▼ + stars: | 2024-08-08 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Meanwhile, the yen strengthened 0.6% to 146 against the US dollar, after losing nearly 2% on Tuesday and Wednesday combined. But those fears, as well as a further jump in the value of the yen, are still haunting the market. The volatility in the yen, which was at the heart of recent market turmoil, remains elevated, he added. On Monday, the Nikkei plummeted by the most since 1987, sparking a broader global market sell-off. The narrowing of the interest rate differentials, which had enabled the yen carry trade, could push the yen higher, Kuptiskevich added.

Persons: Hong Kong CNN —, Germany’s DAX, Shinichi Uchida, Uchida, ”, Stephen Innes, Alex Kuptsikevich, Masamichi Adachi, Innes, Taiwan’s Taiex, Hang Organizations: Hong Kong CNN, Nikkei, CAC, Nasdaq, Bank of Japan, Federal Reserve, FxPro, Federal, Fed, UBS, UBS Chief Investment, Kospi, Hang Seng Locations: Hong Kong, Europe, Japan, unwind

☆ JPMorgan raises 2024 recession odds to 35%
▼ + stars: | 2024-08-08 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The bank raised its probability for a U.S. or global recession to 35% by year end, chief global economist Bruce Kasman told clients in a Wednesday note. Meanwhile, JPMorgan kept its odds for a recessionary period by the second half of 2025 at 45%. But traders got better news on the labor market front on Thursday, with the volume of weekly jobless claims coming in lower than economists expected. To be sure, despite raising his odds, Kasman said investors should not assume all signs point to a recession. In fact, Kasman described his increase to near-term recession risk as modest.

Persons: Bruce Kasman, Kasman, Goldman Sachs Organizations: JPMorgan, Federal, Fed Locations: U.S

☆ Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
▼ + stars: | 2024-08-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

Paramount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media. Paramount has identified $500 million in cost savings, which include the head count reductions, as part of $2 billion in synergies related to its transaction with Skydance. Paramount agreed to a merger with Skydance Media last month. Meanwhile, earnings surged as the company's streaming division swung to an unexpected profit — the first time Paramount has announced a profitable quarter for its direct-to-consumer business. Here's how Paramount performed in the quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Persons: — Organizations: Paramount, Skydance Media, LSEG

☆ Gold rises more than 1% on safe-haven demand, Fed rate-cut optimism
▼ + stars: | 2024-08-08 | by ( ) www.cnbc.com time to read: +2 min

Prices of safe-haven gold edged higher on Thursday, supported by Middle East tensions and optimism surrounding U.S. rate cuts, while traders awaited economic data for clues on the Federal Reserve's policy trajectory. Gold prices rose more than 1% on Thursday, supported by firm safe-haven demand and growing expectations for a sizeable interest rate cut from the U.S. Federal Reserve in September. Spot gold rose 1.27% to settle at $2,463.3. Brokerages including J.P.Morgan, Citigroup and Wells Fargo have forecast a 50-basis-point interest rate cut by the Fed in September after last week's U.S. jobs data. Gold prices fell as much as 3% on Monday, caught in a global sell-off driven by fears of a U.S. recession.

Persons: Alex Ebkarian, Bullion Organizations: Federal, U.S . Federal Reserve, J.P.Morgan, Citigroup, Fed Locations: Iran, Israel, Wells, U.S

☆ In a reversal, Disney's media assets are starting to generate more excitement than its parks
▼ + stars: | 2024-08-07 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Here's a surprise: Disney 's media business isn't weighing down the company anymore. Disney's combined streaming businesses — Disney+, Hulu and ESPN+ — turned a quarterly profit for the first time ever, making $47 million. Meanwhile, Disney saw a "moderation of consumer demand towards the end of [fiscal] Q3 that exceeded our previous expectations" for its theme parks division. The company said last year it plans to invest $60 billion in its theme parks and cruise lines in the next decade. Disney shares dropped Wednesday, likely because investors were focused on the parks.

Persons: Here's, —, Disney, Bob Iger, Iger, Captain America, we're, Hugh Johnson Organizations: Hulu, ESPN, Disney, Netflix

☆ Olympic couples are mixing romance with competition in Paris. It's not necessarily a bad thing, says a psychologist.
▼ + stars: | 2024-08-07 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +6 min

Read previewThere are 17 known couples participating in this year's Olympics in Paris, and they are having a moment. Chinese badminton stars Liu Yuchen and Huang Ya Qiong got engaged after Huang won gold in the mixed doubles. "Talk about a great opportunity for intense social bonding," said Morley, who provides individual and couples therapy in Boston. Christian Petersen/Getty ImagesMorley told Business Insider that being an Olympic couple is a unique experience—somewhat like being a celebrity. AdvertisementSome couples work around that by training together, like former British Olympic triathletes Stuart Hayes and Michelle Dillon.

Persons: —, Liu Yuchen, Huang Ya Qiong, Huang, Pablo Simonet, Maria Campoy, Olga Kharlan, Luigi Samele, Gregorio Paltrinieri, Rossella Fiamingo, Katerina Siniakova, Tomas Machac, Clive Brunskill, Isabelle Morley, Morley, Tara Davis, Hunter Woodhall, Christian Petersen, Alex de Minaur, Katie Boulter, Tim Clayton, Lea Schüller, Lara Vadlau, Vadlau, Schüller, Lee Kiefer, Gerek, Wally Skalij, they're, Stuart Hayes, Michelle Dillon, Jacopo Raule Organizations: Service, Business, Woodhall, Paralympic, Getty, Tennis, FC Bayern Munich's, Olympics, University of Kentucky Locations: Paris, Argentine, Czech, Boston, Australia, Great Britain, German, Austrian

☆ Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we'll pay for convenience
▼ + stars: | 2024-08-07 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Later in the day, Instacart reported a 10% jump in the value of transactions on its platform during the second quarter. Total orders rose 19% during the company's second quarter, it said on August 1. "Increasingly, we're seeing customers coming to us for the first time actually for non-restaurant use cases," Xu said. AdvertisementCorrection: August 9, 2024 — An earlier version of this story misstated Instacart's average order value in the second quarter. Do you work for DoorDash, Instacart, Uber Eats, or another gig delivery service and have a story to share?

Persons: —, they're, Uber, Dara Khosrowshahi, Instacart, Fidji Simo, Robert Mollins, Gordon, Mollins, DoorDash, We're, Tony Xu, Xu, Uber's Khosrowshahi, Instacart's Simo Organizations: Service, Business, DoorDash

☆ Paris Olympics benefit from being first global event to fully emerge from pandemic's shadow
▼ + stars: | 2024-08-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +3 min

PARIS — Lighting the Olympic cauldron symbolically opened these Games — and, as much as possible, might have also taken a torch to some awful pandemic memories. The past two Games were staged in bubbles in and around Beijing and Tokyo as Covid was still a factor. And while some athletes have tested positive for Covid during the Paris Games, they have not upended competition. (NBC News is a division of NBCUniversal, which owns the U.S. media rights to the Olympic Games through 2032.) French fans have been wildly cheering for their athletes and team throughout these Games — so much so, that even Americans have taken notice.

Persons: we’ve, ”, Covid, Thomas Samson, “, Keylle Fabrino, “ It’s, Selma Attie, ” Mark Lazarus, Katie Ledecky, they’ve, Léon Marchand, ” Ledecky Organizations: PARIS, Paris Games, Getty, Brasil, NBC, Olympic Games, NBC Universal Media Group, Los Angeles, Paris La Défense, U.S Locations: Taiwanese, London, Beijing, Tokyo, Paris, Brazil, France, NBCUniversal, Los Angeles, Inglewood

The U.S. women's national soccer team is looking to continue its undefeated streak at this year's Olympics as the squad prepares for a second match against Germany in the semifinals. She became the youngest player on the women's squad to score in extra time in a knockout round at the Games since the 2004 Athens Olympics. Marc Atkins / Getty ImagesRodman, along with Sophia Smith, 23, and Mallory Swanson, 26, have been a defining feature of this new era of the U.S. women's national team so far. Winning against Germany would guarantee at least a silver medal as the team moves into the final match. The only other time the women's national team has gone undefeated at the Olympics was in 2012, which was also the last time the team won gold at the Games.

Persons: Trinity Rodman, Marc Atkins, Rodman, Sophia Smith, Mallory Swanson, Emma Hayes, Hayes, Swanson, Smith, Brad Smith, It's, Alex Morgan, Morgan, Lindsay Horan, Crystal Dunn, Rose Lavelle, Lavelle, Samantha Coffey, Korbin Albert, Coffey, Emily Fox Organizations: U.S, soccer team, Germany, Games, Olympics, Trinity, Japan, Getty, women's, American Locations: Germany, U.S, Athens, France

☆ Costco, Starbucks, and other retailers double down on loyalty programs to win over thrifty Americans
▼ + stars: | 2024-08-06 | by ( Dominick Reuter | Alex Bitter | ) www.businessinsider.com time to read: +5 min

For companies like Costco, Starbucks, and Dicks Sporting Goods, which have robust and well-established loyalty programs, a common thread is that rewards members are the biggest spenders. "For price-conscious consumers, loyalty programs provide opportunities to spend more comfortably thanks to discounts and deals." And Dick's has said loyalty members who also use its fast-growing youth sport management software spend twice as much with the retailer than loyalty members who don't. Beauty store chain Ulta, which already has its Ultamate Rewards program, is testing a complimentary program that includes 42 mini-games, Glossy reported in May. Of course, effective loyalty programs aren't just about encouraging existing members to spend more, they also depend on getting more casual shoppers to sign up.

Persons: —, Jennifer King, Laxman Narasimhan, Dick's, Etsy, Harry Lawton, Lawton, aren't Organizations: Service, Business, Costco, Starbucks, Dicks Sporting Goods, Tractor Supply, Gold Star, Tractor Supply Company, Neighbor's Club, Target Locations: eMarketer

☆ Charles Barkley commits to staying at Warner Bros. Discovery's TNT Sports no matter what happens to NBA
▼ + stars: | 2024-08-06 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

The star broadcaster and National Basketball Association Hall of Famer said Tuesday that he plans to stay with Warner Bros. Discovery 's TNT Sports even if the company doesn't emerge with NBA media rights. Warner Bros. Warner Bros. Barkley's commitment to TNT Sports likely closes the door on recreating "Inside the NBA" for another network if Warner Bros.

Persons: Charles Barkley, David Dow, Charles Barkley isn't, he's, Barkley, I've, Charles, Luis Silberwasser, Dan Patrick Show Organizations: NBA TNT, New York Knicks, Cleveland Cavaliers, Quicken Loans, Getty, TNT Sports, National Basketball Association Hall of Famer, Warner Bros, TNT, NBA, Warner Bros . Discovery, Amazon Prime, Max, Major League Baseball, NCAA, National Hockey League, United States Soccer Federation, NASCAR, Big East Locations: Cleveland , Ohio

☆ Americans who moved abroad say this big expense isn't worth it
▼ + stars: | 2024-08-06 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

In his years helping Americans move overseas, he says one major expense ends up not be worth it: paying to ship your belongings to your new home. "You can't just pick up everything from your old house and put it into your new house in Europe," Ingrim tells CNBC Make It. A lot of times, larger furniture pieces simply don't fit in oftentimes smaller European spaces, he says. The good news is that people are often "pleasantly surprised" at "how much cheaper a lot of the furniture is in Europe," Ingrim says. That goes for appliances, too: "A new kitchen in Europe is a lot cheaper than it is in the U.S."

Persons: Alex Ingrim, Louisa, Chase Buchanan, It's, that's, Ingrim Organizations: Chase Buchanan USA, CNBC Locations: San Diego, France, Canada, Malta, Italy, Ingrim, Florence, Europe, U.S

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

Arizona Attorney General Kris Mayes’ office announced Monday that Jenna Ellis, a former Donald Trump attorney and one of the 18 defendants in the Arizona “fake electors” case stemming from the 2020 election, is cooperating with the prosecution. Ellis signed the cooperation agreement Monday morning, according to the announcement, which said prosecutors are dropping the charges against her. “This agreement represents a significant step forward in our case,” Mayes, a Democrat, said in a statement. In 2023, Ellis pleaded guilty in the Georgia election interference case in which Trump was also charged. Those accused of being “fake electors” and the others alleged to have been accomplices are charged with fraud, forgery, and conspiracy.

Persons: Kris Mayes ’, Jenna Ellis, Donald Trump, Ellis, ” Mayes, “, Trump, Mayes, Nicholas Klingerman, we’ll, Klingerman, Biden, Resnik, ” Organizations: Trump, Electoral College, Republican Party, National Archives Locations: Arizona, Georgia, Phoenix

The state’s GOP Senate candidate, Kari Lake, has long challenged her Democratic competitor, Rep. Ruben Gallego, to take the debate stage. Hobbs still did not agree to the Arizona Clean Elections proposal for a traditional debate, saying Lake would create a "spectacle." Hobbs then participated in a separate Q&A with Arizona PBS, which has no affiliation with Arizona Clean Elections. Given Hobbs’ Q&A was not affiliated with Arizona Clean Elections, the organization’s executive director says Lake’s frustration is misplaced. “Traditionally, for the last, I think, three Senate races, every Senate debate has happened at the Clean Elections debate,” Gallego said last week.

Persons: Donald Trump, Kamala Harris, Kari Lake, Ruben Gallego, Gallego, ”, Lake, “, chuckles, ” Lake, Katie Hobbs, Hobbs, Thomas Collins, Collins, ” Gallego, proclivity, Harris Organizations: PHOENIX, Arizona Senate, GOP Senate, Democratic, Lake, NBC News, GOP, Arizona, Elections, Republican, Arizona Clean, Arizona PBS, Trump Locations: Arizona, Phoenix, Paradise Valley, ’, Gallego

☆ Triathlon: Germany wins gold after controversial mixed relay went ahead in River Seine
▼ + stars: | 2024-08-05 | by ( Ben Church | Thomas Schlachter | ) edition.cnn.com time to read: +4 min

CNN —Despite two athletes falling ill and an ongoing controversy around water quality in the River Seine in the run-up to the race, the mixed relay triathlon went ahead on Monday with Germany securing a dramatic gold medal in Paris. Both the men’s and women’s races eventually got underway on Wednesday, but the fallout has continued ahead of the mixed relay. Ongoing sagaThe decision to hold some swimming events in the River Seine raised eyebrows when it was first announced. Triathletes dive into the River Seine during the mixed relay race. The three were involved in a frantic sprint finish, with Lindemann just getting ahead to win Germany’s first triathlon medal in any discipline since 2008.

Persons: Claire Michel, Adrien Briffod, Hanspeter Betschart, “ We’ve, it’s, we’re, ” Carolyn Broderick, Germany’s Laura Lindemann, Piroschka Van De Wouw, Alex Yee, Germany’s Lindemann, USA’s Taylor Knibb, Lindemann, Hayden Wilde, Pierre Le Corre Organizations: CNN, Germany, Belgium, Swiss, Swiss Olympic, Games, Paris, USA, Reuters, Team, New Zealand Locations: Paris, Switzerland, Belgium, Seine, Britain, Tokyo, France, French

☆ Palantir raises annual revenue forecast on AI strength; shares surge
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +2 min

Alex Karp, CEO of Palantir Technologies poses beside the company's logo ahead of an interview with Reuters in the Alpine resort of Davos, Switzerland May 23, 2022. Palantir Technologies raised its annual revenue forecast for the second time this year on Monday, the latest sign that the generative AI boom is driving demand for its software services. The company co-founded by billionaire Peter Thiel now expects annual revenue between $2.74 billion and $2.75 billion, compared with $2.68 billion to $2.69 billion expected earlier. It also raised its annual revenue expectation from U.S.-based companies by $11 million, to $672 million. The company forecast third-quarter revenue between $697 million and $701 million, compared to analysts' average estimate of $679.1 million, according to LSEG data.

Persons: Alex Karp, Peter Thiel, Ryan Taylor, Reuters Palantir, Karp Organizations: Palantir Technologies, Reuters, Big Tech, Microsoft, Palantir Locations: Davos, Switzerland

☆ Kayak cross: What is the sport taking over social media and making its Olympic debut?
▼ + stars: | 2024-08-05 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —With its breakneck competition, exhilarating starts and whitewater waves, the kayak cross has proven to be one of the most unique and exciting spectacles at these Olympic Games, already going viral on social media. His rival Boris Neveu also won his heat as he seeks to bring home gold medal for France. Alex Davidson/Getty ImagesIn the women’s competition, France’s Camille Prigent set the fastest time in qualifying before winning her heat and qualifying for the quarterfinals too. The Australian was competing in the same heat as her sister, Noemie, who took first place and qualified for the next round. Meanwhile, reigning world champion Kimberley Woods of Great Britain won her heat to qualify for the quarterfinals.

Persons: Kirsty Wigglesworth, Joe Clark, Boris Neveu, Alex Davidson, France’s Camille Prigent, Australia’s Jessica Fox, Noemie, Kimberley Woods Organizations: CNN, Olympic Games, Kart, France, Great Britain Locations: Paris

Officials are relying on multiple streams of intelligence, and there are divisions among national security officials on how and when Iran’s response might unfold. The relative uncertainty has left the Biden administration in a defensive crouch as it tries to rally allies and pressure Iran not to escalate tensions. The extent of the United States’ further involvement in the war largely depends on how exactly Iran responds to Haniyeh’s death. US destroyers helped shoot down ballistic missiles and drones launched by Iran at Israel in April. Biden and Vice President Kamala Harris also met with the administration’s national security team in the White House Situation Room later Monday afternoon.

Persons: Ismail Haniyeh’s, crouch, Haniyeh –, Fu’ad Shukr, Israel, Majdal Shams, United States ’, Cole, Biden, “, Kamala Harris, Matthew Miller, Miller, Jomana Karadsheh, Michael Conte, Alex Marquardt, Zahid Mahmood Organizations: Washington CNN, Washington, CNN, Biden, United, US Central Command, State Department, US, Command Locations: Tehran, Iran, Washington, Israel, Lebanon, Gaza, Hezbollah, United States, Majdal, Golan, Gulf, Oman, Jordanian, Syria

☆ The US Navy is on its fourth aircraft carrier as its warships react to fighting in the Middle East
▼ + stars: | 2024-08-05 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewThe US Navy is sending another aircraft carrier to the Middle East. AdvertisementThe aircraft carrier USS Abraham Lincoln, right, follows the guided missile cruiser USS Cape St. George as the ships transit the Strait of Hormuz in May 2012. A carrier strike group consists of a carrier, its air wing, and other warships like destroyers and cruisers. The US also deployed the Dwight D. Eisenhower Carrier Strike Group to the Eastern Mediterranean as regional tensions flared. It then pivoted to the Middle East to defend merchant shipping lanes in the Red Sea and Gulf of Aden from Houthi attacks.

Persons: —, Abraham Lincoln, Israel, It's, Lincoln, George, Alex R, Forst, Gerald R, Dwight D, Eisenhower, Theodore Roosevelt Carrier, Roosevelt Organizations: Service, US Navy, Pentagon, Saturday, Abraham Lincoln Carrier Strike, Business, Hamas, Ford Carrier Strike Group, Israel, US, Eisenhower Carrier Strike Group, Ford, Eisenhower, AP, Theodore Roosevelt Carrier Strike, Lincoln, USNI, Fleet, Department of Defense, US Central Command, Command Locations: Israel, Iran, Tehran, Cape St, Hormuz, Gaza, Yemen, Lebanon, Iraq, Syria, Gulf, Aden, Persian, United States

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