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Greenlight's David Einhorn said Wednesday at the Sohn Investment Conference in New York he has bought shares of European chemicals company Solvay . "Solvay is an essential chemical company that holds the number one position across all of its markets" Einhorn said. "While all of these are thought of as commodity businesses, they are higher margin and much more stable than most commodity chemical businesses." "All told, Solvay is a commodity chemical company with relatively high and stable margin, a higher return on capital." "At 3.7 times targeted 2028 earnings per share with almost a double-digit dividend yield, it seems too cheap," Einhorn added.

Persons: Greenlight's David Einhorn, Solvay, Einhorn, CNBC's Scott Wapner, Yun Li Organizations: Sohn Investment, Solvay, Wall, Greenlight Locations: New York, U.S, Brussels, Belgium

☆ Ukraine war live updates: NATO chief floats 100 billion euro fund for Kyiv; Ukraine shoots down 4 Russian drones overnight
▼ + stars: | 2024-04-03 | by ( Natasha Turak | ) www.cnbc.com time to read: 1 min

NATO Secretary General Jens Stoltenberg speaks during a press conference at the International Monetary Fund and World Bank annual meeting in Marrakech, Morocco, October 11, 2023. NATO foreign ministers are gathering in Brussels, where the alliance's Secretary-General Jens Stoltenberg is proposing a five-year, 100 billion euro ($107 billion) military and fund for Ukraine. It is not yet clear where the money would come from. The U.K.'s Foreign Minister David Cameron meanwhile is urging member states to invest more in defense and increase industrial production, saying it is necessary if the alliance wants Ukraine to defeat Russia. Elsewhere, Ukraine's air defenses shot down four Iranian-made Shahen drones fired from Russia overnight, its air force said in a statement.

Persons: Jens Stoltenberg, David Cameron meanwhile Organizations: NATO, International Monetary Fund, Bank Locations: Marrakech, Morocco, Brussels, Ukraine, Russia

☆ NATO looking at options to shore up long-term support for Ukraine amid concerns about Trump winning November’s election
▼ + stars: | 2024-04-03 | by ( Kylie Atwood | ) edition.cnn.com time to read: +3 min

Stoltenberg said on Tuesday that the alliance needs to commit to providing more support for Ukraine and rely less on voluntary contributions. This move would mean that Trump winning the presidency would have less of an impact on the mechanics of getting necessary weapons support into the country from dozens of nations around the globe. Politico was first to report on NATO considering taking these steps. Another ongoing push is for NATO countries to independently establish their own commitments with Ukraine, explained one of the sources. This would mean that not all Ukraine support gets funneled through NATO – creating sources of funding that could not be disrupted by individual alliance members.

Persons: Jens Stoltenberg, ”, Donald Trump, Stoltenberg, CNN’s Louis Mian, Eve Brennan Organizations: CNN, NATO, Kyiv, Ukraine, Trump, Pentagon, Ukraine Contact Defense, Politico Locations: Ukraine, European, Russia, Brussels

☆ Blinken grounded by problems with his Boeing jet
▼ + stars: | 2024-04-03 | by ( Chris Isidore | Jennifer Hansler | ) edition.cnn.com time to read: +2 min

Washington, DC CNN —US Secretary of State Antony Blinken is the latest person dealing with problems with a Boeing jet. This is the second time this year that Blinken has had an issue with a Boeing plane while traveling. The incident has sparked numerous investigations into the Boeing’s practices and public attention to a large number of other problems on subsequent flights with Boeing jets. Many of those came on older planes and issues, which typically would have not been reported, were likely not caused by anything Boeing did. But the subsequent incidents, which typically would have not been reported by the media, have focused more attention on questions about the quality and safety of Boeing jets.

Persons: Antony Blinken, Blinken, plane, Max Organizations: DC CNN, Boeing, State Department, Brussels, Air Force, Alaska Airlines, National Transportation Safety Locations: Washington, Europe, Ukraine, Gaza, Paris, Switzerland

☆ Five stocks to buy and hold for the long term, according to the pros
▼ + stars: | 2024-04-02 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +8 min

CNBC Pro asked three fund managers for their stock picks to to buy now and hold for the longer term. The average price target for PepsiCo is $186.77, according to FactSet data, giving it potential upside of 6.7%. According to Factset data, of 30 analysts, 18 give the stock a buy or overweight rating while 12 have a hold rating. According to FactSet data, of 18 analysts, 14 give the stock a buy or overweight rating, three have a hold rating and one has a sell rating. The average price target for PDD is $180.12, according to FactSet data, giving it potential upside of 54.9%.

Persons: David Dietze, PepsiCo Dietze, Dietze, Bud Light, Michael Field, Edenred, Jason Hsu, Hsu, OpenAI, Elon Musk, Sam Altman, Greg Brockman, Altman Organizations: Wealth Management, CNBC Pro, PepsiCo, Coca Cola, Anheuser, Busch, Brussels Stock Exchange, New York Stock Exchange, Euronext Paris Stock Exchange, Microsoft, Rayliant Global Advisors, OpenAI, Nasdaq Locations: Belgian, U.S, South America, Europe, Edenred, China

☆ Meet the woman who engineered Russia's wartime economy and helped secure another term for Putin
▼ + stars: | 2024-04-02 | by ( Huileng Tan | ) www.businessinsider.com time to read: +12 min

Russian central bank governor Elvira Nabiullina has played a key role in stabilizing Russia's sanctions-hit economy. It's also aimed at the woman behind him: Elvira Nabiullina, the country's central bank governor, who plays a chief role in keeping Russia's wartime economy ticking. At the time, she was the first woman to lead a Group of Eight, or G8, central bank. In 2015, Euromoney, a finance trade publication, named Nabiullina Central Bank Governor of the Year. In December, she issued a warning that Russia's economy was at risk of overheating.

Persons: Elvira Nabiullina, —, Putin, It's, Nabiullina, Daniel McDowell, McDowell, wined, Christine Lagarde, Nabiullina —, Richard Portes, Portes —, Portes, Anders Åslund, Åslund, Leo Tolstoy, Fyodor Dostoevsky, Franz Kafka, Yaroslav Kuzminov, Kuzminov, Nabiullina's, Alan Harvey, Herman Gref —, Central Bank Governor Elvira Nabiullina, Maxim Shemetov, Michel Camdessus, she's, isn't, Sergei Aleksashenko, Alexei Makarkin, Vladimir Pesnya, Nabiulina, let's Organizations: Ukraine, Service, Russian, KGB, Syracuse University, Kremlin, International Monetary Fund, US, London Business School, Moscow Times, Bloomberg, Higher School of Economics, —, Moscow State University, SNS, USSR, Industrial Union Board, Gref, Central Bank Governor, Nabiullina Central Bank Governor, Banker, Central Banker, IMF, Monetary Fund, Financial Times, Government, Political Technologies, Wall Street Journal, RBC, Politico Europe Locations: Russian, Ukraine, Russia, Brussels, Nabiullina, Swedish, Moscow, Ufa, Central Russia, Tatars, Crimea, Euromoney, Europe, steadying

☆ Japan Is a Preview of China's Ugly Recession, Stock Market Crash
▼ + stars: | 2024-03-31 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

But Japan's economy — the long-unconscious patient — recently started to wiggle its toe. The country's stock market is ripping; the Nikkei recently exceeded the all-time highs it set 34 years ago. Now, Koo says, Chinese academics and policymakers are flocking to Japan to glean some kind of wisdom from the country's experience. Advertisement"This has made Japan attractive for foreign investors, and the stock market has done well," Koo said. Even without a currency war with Beijing, the world is building defenses against another wave of Chinese goods.

Persons: —, Goldman Sachs, there's, Nomura, Richard Koo, Koo, Shinzo Abe, Japan's, What's, it's, we're, haven't, Xi Jinping, doesn't, Xi, we've, Brasília Organizations: Nikkei, Goldman, Bank of Japan, Corporations, International Monetary Fund, Japan, Peterson Institute, European Union, China Locations: East Asia, China, Japan, Real, Tokyo, Beijing, Brussels, Brasília, American, Washington, Brazil, Turkey

☆ Europe saved its bears from extinction. Now some countries want more rights to shoot them
▼ + stars: | 2024-03-29 | by ( Billy Stockwell | ) edition.cnn.com time to read: +8 min

Wild brown bear populations across Europe have bounced back from the brink of extinction, and animal conservationists are thrilled. Some countries are arguing that law lies too far in the bears’ favor at the expense of human lives. Several European Union (EU) countries who are in favor of watering down bear protections are now taking their fight to the bloc’s headquarters in Brussels. How to deal with bear attacks have been on the political agenda of some of the EU’s 27 member countries for years. But some people argue that there are more humane ways to prevent bear attacks.

Persons: CNN —, Liptovský Mikuláš, John Linnell, ”, ’, Dominika Zarzycka, ” Linnell, “ It’s, Robin Rigg, Bruno, there’s, Linnell Organizations: CNN, Authorities, European Union, EU Environment Council, Norwegian Institute for Nature Research, “, Getty, Slovak Wildlife Society, EU Locations: Slovakian, Liptovský, Slovakia, Europe, Brussels, Romania, Finland, EU’s, attractants, Germany, Italy, Hungary, Spain, Ireland, Malta, Cyprus, Japan

☆ Art Basel Hong Kong: Collectors return to Asia’s biggest art fair despite cooling market
▼ + stars: | 2024-03-29 | by ( Stephy Chung | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —Picture Vladimir Putin, Angela Merkel and George W. Bush as 7-year-olds. Noemi Cassanelli/CNNAsia’s largest art fair, which concludes Saturday, has returned to “pre-pandemic scale,” as organizers put it. Hong Kong artist Mak2's installation in the fair's "Encounters" section. A colorful booth by Dvir Gallery, based in Paris, Tel Aviv and Brussels, which participated in the Hong Kong fair for the first time. So while Art Basel is a “very international platform,” Chan said, it still provides the chance to showcase homegrown talent.

Persons: Vladimir Putin, Angela Merkel, George W, Bush, Lí, Noemi Cassanelli, Hong, Hong Kong’s, ”, William Leung, fairgoer, “, Ivy Haldeman, François Ghebaly, It’s, it’s, “ It’s, Victoria Miro, Wirth, Mark Bradford, Philip Guston, Ed Clark, ” Keith Tsuji, Willem de Kooning’s, Kooning, Fuyuhiko Takata, Yoko Ono’s, Takata, Fuyuhiko, Louise Delmotte, I’m, ” Takata, fairgoers, Jaume Plensa, Mary Sabbatino, Sabbatino, Mak2, Teppei, Maho Kubota, Alexie, Kantor, Trevor Yeung, Stephen Wong, people’s, Hilda Chan, London’s, ” Chan Organizations: Hong Kong CNN, Art Basel, CNN, “, Hauser, Hauser & Wirth, Galerie Lelong, The, Hong, Dvir, Hong Kong, CNN Hong, London’s Tate Locations: Hong Kong, Beijing, Hong Kong ., China, New York, Art Basel Hong Kong, Los Angeles, Asia, American, Spanish, York, Paris, Australian, Paris , Tel Aviv, Brussels, Hong

☆ This US state is not covered by the NATO treaty. Some experts say that needs to change
▼ + stars: | 2024-03-29 | by ( Brad Lendon | ) edition.cnn.com time to read: +9 min

Because in a quirk of geography and history, Hawaii is not technically covered by the NATO pact. Mengshin Lin/AP“People tend to assume Hawaii is part of the US and therefore it’s covered by NATO,” he says. The exception is spelled out in the Washington Treaty, the document that established NATO in 1949, a decade before Hawaii became a state. It also says any island territories must be in the North Atlantic, north of the Tropic of Cancer. Hawaii, Guam, Taiwan and North KoreaSome experts say times have changed in the decades since the Washington Treaty was signed – and argue today’s political situation in the Indo-Pacific might require a rethink.

Persons: “, ”, David Santoro, Mengshin Lin, ” Santoro, –, China’s, Xi Jinping, —, Joe Biden, John Hemmings, ” Hemmings, Hemmings, Forum’s Santoro, Amy Picard, Luis Simon, Simon, ” Simon Organizations: CNN, NATO, Hawaii, Pacific Command, Atlantic Treaty Organization, Aloha, Pacific Forum, Sailors, USS Arizona Memorial, USS, 82nd, Treaty Organization, Washington Treaty, Tropic, Cancer, US State Department, United, Argentine, South Atlantic, Communist Party, Taiwan Relations, White, Center, New, New American Security, Foreign, USS Arizona . US Navy, Interim, Andersen Air Force Base, Korean, . Air Force, 23rd Expeditionary Bomb Squadron, Force, . Air Force ‘ Coalition, Research Centre, Security, Brussels School, Governance, NATO Command, Union Locations: Sweden, United States, Hawaii, Pearl, Honolulu, USS Arizona, Pearl Harbor, Honolulu , Hawaii, California , Colorado, Alaska, North America, Washington, Europe, Argentina, Falkland, British, South, Guam, Taiwan, North Korea, New American, China, Beijing, Oahu, USS West Virginia, USS Tennessee, France, Nazi Germany, Japan, Italy, Korean, Soviet Union, Belgium, Ukraine

☆ A glut of cheap Chinese goods is flooding the world and stoking trade tensions
▼ + stars: | 2024-03-28 | by ( Hanna Ziady | Laura He | ) edition.cnn.com time to read: +8 min

The oversupply of Chinese goods in key industries is stoking tensions between the world’s biggest manufacturer and its major trading partners, including the United States and the European Union. From clothes to carsChina’s exports of low-priced goods got a boost after it joined the World Trade Organization (WTO) in 2001. “What China exports is advanced production capacity that meets the needs of foreign customers,” Xinhua News Agency wrote. US President Joe Biden recently pledged to investigate whether imports of Chinese vehicles pose a national security threat. “But perhaps more importantly, persistent oversupply and low prices of Chinese goods will add to geopolitical tensions and keep the threat of tariffs and counter-tariffs alive,” she wrote in a recent note.

Persons: Hong Kong CNN —, ” Jens Eskelund, Xi Jinping, Huang Jingwen, ” Eskelund, Brad W, ” Markus W, Voigt, China’s BYD, Warren Buffett, Setser, Li Qiang, “, ”, Joe Biden, Jennifer McKeown, Shawn Deng Organizations: Hong Kong CNN, European Union, European Union Chamber of Commerce, Zero, of, People, China’s National Bureau of Statistics, Council, Foreign Relations, World Trade Organization, Aream Group, Tesla, Getty, China Development Forum, Xinhua, Agency, ., EV, European Commission, WTO, Capital Economics Locations: Hong Kong, United States, China, Europe, Beijing, Xinhua, China's Shandong, . Washington, Brussels

☆ What is surrealism and why is the art movement more relevant than ever?
▼ + stars: | 2024-03-27 | by ( Cath Pound | ) edition.cnn.com time to read: +7 min

Surrealism’s origins are in the collective trauma of World War I and the global flu epidemic of 1918. Marcel Mariën was a pivotal figure in the Belgian surrealism movement. Fondation Marcel Mariën/L’activité surréaliste en Belgique/Courtesy BOZARA movement with unique freedomsHaving begun as a literary movement, surrealism soon morphed into an artistic one. However, the absence of a defined aesthetic gave surrealist artists a unique freedom to express themselves in whatever way they chose. Different artists from different backgrounds can use Surrealism to explore their individual concerns,” said Francisa Vandepitte, curator of “Imagine!

Persons: René Magritte, “, Man Ray, André Breton, — Breton, ”, Xavier Canonne, Marcel Mariën, Salvador Dalí, René, Bayerische, Francisa Vandepitte, Madrid’s Fundación Mapfré, Jane Graverol, Rachel Baes, —, Leonora Carrington, Carrington, Remedios Varo, Kati Horna, Robert Zeller, Zeller, Le Bain, Cristal, Photothèque, Magritte, ” Zeller, “ It’s Organizations: CNN, Bozar, for Fine Arts, Royal Museums of Fine Arts of Belgium, Hamburger Kunsthalle, Philadelphia Museum of Art Locations: Paris, Brussels, Belgium, Belgian, Spanish, Germany, Mexico, Hungarian, Mexican, Venice

☆ The US allowed a Gaza ceasefire resolution to pass at the UN. What does that mean for the war?
▼ + stars: | 2024-03-26 | by ( Nadeen Ebrahim | Abbas Allawati | ) edition.cnn.com time to read: +9 min

CNN —Following several failed attempts over five months of Israel’s devastating war in Gaza, the United Nations Security Council on Monday finally passed a resolution calling for an immediate ceasefire. Israeli officials lambasted the resolution, saying they have no intention of ceasing fire. Israel criticized the language of the resolution, saying it doesn’t firmly tie a ceasefire to the freeing of the hostages held in Gaza. Oren Ziv/AFP/Getty ImagesIs the resolution binding on Israel? After the resolution passed, US officials went to great lengths to say that the resolution isn’t binding.

Persons: doesn’t, ”, United Nations Gilad Erdan, Israel Katz, ” Katz, “, Benjamin Netanyahu, Tzachi Hanegbi, Ron Dermer, Joe Biden, Gabriela Shalev, Louis Har, Oren Ziv, Matthew Miller, John Kirby, Linda Thomas, Greenfield, Zhang Jun, Farhan Haq, VI, VII, Maya Ungar, ” Ungar, Yossi Mekelberg, ” Mekelberg, Ungar, ” Shalev, ” Biden, Dawoud Abu Alkas, Biden, Kamala Harris, Kirby, Yoav Gallant, Lloyd Austin, Shalev, Israel Organizations: CNN, United Nations Security, Hamas, United Nations, Council, Foreign, US, UN, Hebrew, Getty, State Department, White, National Security, Crisis Group, ICG, Chatham House, Security Council, Assembly, Reuters, Washington, Israel’s Locations: Gaza, United States, Israel, Washington, Rafah, Israeli, Tel Aviv, UN, Brussels, East, North Africa, London, Al Shifa, Gaza City, Reuters Israel

The farmers were protesting anything from what they see as excessive red tape to increased environmental measures, cheap imports and unfair trading practices. “Let us make a living from our profession,” read one billboard on a huge tractor blocking a main thoroughfare. Environmentalists and climate activists say the change in EU policies under the duress of protesting farmers is regrettable. Photos You Should See View All 60 ImagesPolitically, the bloc has moved to the right over the past year. The plight of farmers has become a rallying cry for populists and conservatives who claim EU climate and farm policies are little more than bureaucratic bungling from elitist politicians who have lost any feeling for soil and land.

Persons: ” Organizations: European Union, Belgian, EU, European Commission Locations: BRUSSELS, Brussels, Finland, Greece, Poland, Ireland

☆ The new boss of Boeing's commercial airplanes division is a third-generation employee
▼ + stars: | 2024-03-25 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Dave Calhoun named a new chief executive of Boeing's commercial airplanes division. In his Monday announcement that he'd be stepping down as CEO of Boeing, Dave Calhoun also named Stephanie Pope as the new head of its commercial airplanes division. She replaces Stan Deal as CEO of Boeing Commercial Airplanes, which designs and builds planes such as the 777, 787 Dreamliner and the 737 family. She is deeply committed to our company, to our employees and to our shared future; and she is the perfect person to take on the leadership of our commercial airplanes business." AdvertisementShe was CEO of the global services division before becoming COO and has also held senior roles in other business units including commercial airplanes.

Persons: Dave Calhoun, Stephanie Pope, Stan Deal, She's, —, Pope, Calhoun, Stephanie Organizations: BCA, Boeing, Service, Airplanes, Boeing Global Services, Alaska Airlines, Eisenhower, Southwest Missouri State University, Lindenwood University Locations: Seattle, Renton, Everett, Washington, Calhoun, Brussels, Ireland

European markets had a tentative start to the new trading week Monday, as investors continued to digest a number of central bank policy decisions in Europe. The pan-European Stoxx 600 index closed 0.04% higher after finishing last week at a record high. European marketsHome improvement group Kingfisher , owner of brands such as B&Q and Screwfix, rebounded in afternoon deals to close up 2.5%. The stock dipped earlier in the session after issuing its third warning on profit in six months. The U.K.'s Direct Line meanwhile plunged 11% after Brussels-based Ageas on Friday confirmed it would not make a further offer for the fellow insurance firm.

Locations: Europe, Brussels

☆ EU launches probe into Meta, Apple and Alphabet under sweeping new tech law
▼ + stars: | 2024-03-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

(Photo by Dursun Aydemir/Anadolu Agency via Getty Images)The first two probes focus on Alphabet and Apple and relate to so-called "anti-steering rules." The European Union on Monday opened an investigation into Apple , Alphabet and Meta , in its first probe under the sweeping new Digital Markets Act tech legislation. "The way that Apple and Alphabet's implemented the DMA rules on anti-steering seems to be at odds with the letter of the law. Apple and Alphabet will still charge various recurring fees, and still limit steering," EU competition chief Margrethe Vestager said during a press conference on Monday. "We're confident our plan complies with the DMA, and we'll continue to constructively engage with the European Commission as they conduct their investigations.

Persons: Margrethe Vestager, Dursun Aydemir, Apple, Oliver Bethell Organizations: European Commission, Anadolu Agency, Getty, Digital Markets, Google, European Union, Apple, Markets, CNBC Locations: Europe, Brussels, Belgium

☆ Leo Varadkar: What was behind Irish PM’s shock resignation?
▼ + stars: | 2024-03-24 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +7 min

CNN —Prime Minister Leo Varadkar sent shockwaves through Ireland when he candidly announced last week that he was “no longer the best person” to lead his country. Irish Times political correspondent Jennifer Bray was given less than an hour’s notice of the surprise statement from the taoiseach on Wednesday. His successor, largely tipped to be Higher Education Minister Simon Harris, will need to lead the center-right political party, Fine Gael, against a fired-up opposition. The 37-year-old who rose to prominence during his spell as health minister during the pandemic is considered by many to be a “mirror image” to Varadkar, Murphy said. Mary Lou McDonald, president of opposition party Sinn Fein, which has been making steady gains since 2020.

Persons: Leo Varadkar, Ireland’s, Varadkar, Joe Biden, Jennifer Bray, Bray, ” Gary Murphy, ”, ” Murphy, “, Simon Harris, Murphy, Varadkar “, Boris Johnson “, resoundingly, Nick Bradshaw, Paschal Donohoe, Harris, Tik Tok, “ Simon Harris, ” Bray, Mary Lou McDonald, Sinn Fein, Charles McQuillan, Sinn Féin Organizations: CNN —, Israel, Irish Times, Wednesday, CNN, Dublin City University, Higher Education, Fine Gael, Irish, Catholic Church Locations: shockwaves, Ireland, Gaza, Irish, Brussels, United Kingdom, Bray, Varadkar

☆ Analysis: Europe is trying to fill a US-shaped hole in funding for Ukraine
▼ + stars: | 2024-03-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

CNN —Can Europe fill the gap left by the United States in Ukraine? Over the course of the war, European thinking has evolved. Should EU money be spent outside the bloc? So, can Europe fill the funding void in Ukraine left by Washington DC? Yes, Europe can fill the gap left by the US - and in some respects is trying to do just that.

Persons: Donald Trump, Alexander De Croo, Volodymyr Zelensky, Serhii, it’s, –, Vladimir Putin, Jens Stoltenberg Organizations: CNN, European Union, Ukraine, Belgian, Radio Free, Radio Liberty, Reuters, NATO, Diplomats, EU, Ukraine’s, Washington DC Locations: United States, Ukraine, European, Europe, Russia, Kyiv, Kiel, Radio Free Europe, EU, Moscow, Brussels, Russian, Zaporizhzhia, Czech Republic, Hungary, Czech, Eastern, Western Europe, Athens, Rome

☆ Neuralink shares video of patient playing chess using signals from brain implant
▼ + stars: | 2024-03-20 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +5 min

Elon Musk's startup Neuralink streamed a live video on Wednesday that showed a patient using the company's brain implant to move a mouse and play chess on a computer. A BCI is a system that deciphers brain signals and translates them into commands for external technologies. Dr. Nader Pouratian, chair of the Department of Neurological Surgery at UT Southwestern Medical Center, said researchers have been developing and studying BCI technology for years. It is not clear how many patients are participating in Neuralink's trial, or what the trial is trying to demonstrate. There is reason to be hopeful about Neuralink's technology, said Dr. Marco Baptista, chief scientific officer of the Christopher & Dana Reeve Foundation, which provides resources to people who have become paralyzed.

Persons: Elon, Noland Arbaugh, Musk, Arbaugh, there's, Neuralink, Nader Pouratian, we've, Pouratian, Marco Baptista, Christopher, Dana Reeve, " Baptista Organizations: BCI, Blackrock, Neuroscience, SpaceX, Department of Neurological, UT Southwestern Medical Center, CNBC, U.S . Food, Drug Administration, Dana Reeve Foundation, PubMed Locations: Brussels, Belgium, Synchron, U.S, Neuralink

BRUSSELS (AP) — The European Union is pressing ahead with a plan to use the profits generated from billions of euros of Russian assets frozen in Europe to help provide weapons and other funds for Ukraine, a senior official said Tuesday. The move comes as Ukraine runs dangerously low on munitions, and U.S. efforts to get new funds for weapons have stalled in Congress. A small group of member countries, notably Hungary, refuse to supply weapons to Ukraine, so these windfall profits would be divided up. The European Central Bank, or ECB, has warned in the past against seizing Russian assets as this could undermine confidence in the euro currency and EU markets. But Borrell said that no assets would be taken, only the windfall profits they make.

Persons: Josep Borrell, “, ” Borrell, Borrell, Alexander De Croo Organizations: Ukraine, EU, European, Parliament, European Central Bank, ECB, Belgian Locations: BRUSSELS, Europe, Brussels, Ukraine, U.S, Russian, Belgium, Hungary, russia, ukraine

☆ Belgium or Brooklyn? 5 Bold New Places to Eat in Brussels.
▼ + stars: | 2024-03-18 | by ( Alexander Lobrano | ) www.nytimes.com time to read: +1 min

Brussels, long the realm of stuffy French restaurants packed with gray-flannel-suited diplomats, has suddenly gone bold and bright. These exciting talents are transforming the city’s old-fashioned bistros and cafes with spices from places like Korea, Latin America and Morocco, and “putting a vivid modern spin on homey local comfort food dishes,” explained Michel Verlinden, a Brussels food writer and restaurant critic for Le Vif, a major Belgian weekly. At the same time, they’re making the most of local produce like cabbage, carrots, endives and, bien sûr, brussels sprouts. Brussels may be the capital of Europe, but it feels more like Brooklyn or Marseille gastronomically. Casual, creative and multicultural, it’s a city that’s equally at home with bulgogi and duck breast — even together in the same dish.

Persons: thrall, ”, Michel Verlinden, Le Vif Locations: Brussels, Gaul, Europe, Korea, Latin America, Morocco, Belgian, brussels, Brooklyn, Marseille

☆ How an Apple and Alphabet AI deal could benefit both companies and their out-of-favor stocks
▼ + stars: | 2024-03-18 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The aforementioned Siri is an obvious area in need of a generative AI upgrade. That said, we do know that Apple has been hard at work on its own generative AI model, Ajax. However, if true, this would prove a major, and much-needed, win for Alphabet in generative AI. AAPL YTD mountain Apple YTD As for Apple, we've been expecting an update on its generative AI efforts at some point this year. A smart phone displaying Google with Google Gemini in the background is being featured in this photo illustration in Brussels, Belgium, on February 8, 2024.

Persons: Tim Cook, Apple, we're, Bard, Sundar Pichai, Jim Cramer, Apple's Siri, Siri, It's, we've, Jim, Jim Cramer's, Jonathan Raa Organizations: Apple, Bloomberg, Google, ChatGPT, Microsoft, CNBC, Ajax, Developers, Nvidia, Charitable Trust, Google Gemini, Nurphoto, Getty Locations: U.S, Wells, Brussels, Belgium

☆ A US combat nurse with Ukraine's army says 'her guys' on the front line are powerless as long as Congress denies them weapons
▼ + stars: | 2024-03-17 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

A US combat nurse told BI that Russia recently captured Avdiivka due to a "numbers game." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Recently, Maciorowski helped evacuate Ukrainian soldiers from Avdiivka, which fell to Russia in February, having first arrived in the strategic city in October 2022. "Russia had way more resources, way more artillery, way more drones, way more troops." AdvertisementMembers of Ukraine's National Guard Omega Special Purpose fire an SPG-9 anti-tank grenade launcher toward Russian troops in the front line town of Avdiivka.

Persons: Rebekah Maciorowski, Maciorowski, —, it's, Avdiivka Maciorowski, Avdiivka, Biden, Jens Stoltenberg, Olivier Hoslet, ", Stoltenberg, Kostya Organizations: Service, Ukraine's National Guard Omega, RFE, White, GOP, Institute for, NATO, Department for Ukraine, Getty Locations: Russia, Ukraine, Denver, Avdiivka, Donetsk, Brussels, Bakhmut

☆ U.S. investigating Meta for role in illicit drug sales, WSJ reports
▼ + stars: | 2024-03-16 | by ( ) www.cnbc.com time to read: +1 min

A smart phone is displaying Facebook with the Meta icon visible in the background in this photo illustration. The paper quoted a spokesman for Meta as saying in a statement: "The sale of illicit drugs is against our policies and we work to find and remove this content from our services". "Meta proactively cooperates with law enforcement authorities to help combat the sale and distribution of illicit drugs," he added. The prosecutors' office and a spokeswoman for the FDA declined to comment to WSJ. Meta, the FDA and the Virginia Attorney General's office did not immediately respond to a Reuters' request for comment.

Persons: Nick Clegg, Meta Organizations: U.S, Wall Street, Drug Administration, Meta, FDA, Virginia Attorney, U.S . State Department, United Nations Office, Drugs Locations: Brussels, Belgium, Virginia

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