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☆ 'Don't panic' amid stock market volatility, advisor says. Here's why staying invested pays off
▼ + stars: | 2024-08-05 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Westend61 | Getty ImagesLoading chart...Panic selling can 'crater your portfolio'Some investors are prone to panic selling during periods of volatility and then often miss the stock market recovery with cash sitting on the sidelines, research shows. "The roller-coaster ride back up happens just as quickly," and missing recovery days "can crater your portfolio," said Baker, who is also a member of CNBC's Financial Advisor Council. To that point, missing the 20 best days in the stock market from Jan. 1, 2003, to Dec. 30, 2022, would have cut your total portfolio returns by more than half, according to J.P. Morgan. Ultimately, staying invested pays off long-term because "it's a loser's game" to try to time the market, Baker said. Your existing cash reserves, for example, can cover emergencies or provide funds to "take advantage of opportunities," he said.

Persons: Baker, Morgan, Douglas Boneparth Organizations: CNBC's, Bone Locations: New York

☆ Oil hovers at 8-month lows as U.S. recession fears offset Mideast tensions
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +2 min

Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world's top oil consumer, offset concerns that escalating tensions in the Middle East may affect supplies from the largest producing region. The market had been expecting OPEC+ to delay the phase out of voluntary production cuts beyond the third quarter, ANZ analysts said. A Reuters survey showed on Friday that OPEC oil output rose in July despite production cuts by the group. Weak economic data across the globe weighed on oil prices, on concerns that a sluggish global economic recovery would dampen fuel consumption. Slumping diesel consumption in China, the world's biggest contributor to oil demand growth, is weighing on global oil prices.

Persons: Ismail Haniyeh, Fuad Shukr, WTI, Baker Hughes Organizations: New Harmony Oil, Brent, U.S, West Texas, Hezbollah, ANZ, Organization of, Petroleum, Reuters Locations: Grayville , Illinois, United States, Gaza, Cairo, Israel, Iran, Lebanese, East, Brent, U.S, Russia, China, Europe

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Starbucks is trying to bounce backStarbucks saw a net revenue of nearly $36 million in fiscal 2023, but now analysts say it is grappling with an increasingly price conscious consumer and serious operating issues that has led to its stock tumbling by about 25% in a year. The coffee company missed revenue expectations by $130 million in its fiscal third-quarter earnings and saw global same-store sales decline by 3%. However, Starbucks is trying to turn things around. Watch the video to find out how.

Organizations: Starbucks

☆ Why Starbucks is losing customers
▼ + stars: | 2024-08-05 | by ( Ryan Baker | ) www.cnbc.com time to read: +1 min

Last year, Starbucks controlled 26.5% of the U.S. coffee and snack shop market, according to research firm IBISWorld. And there is a lot more competition than there used to be," said Neil Saunders, managing director of GlobalData Retail. Starbucks cafes have long been a "third place" for customers to work and socialize outside of their home or office. The consumer is more 'choiceful,'" said Kevin McCarthy, a managing director at Neuberger Berman. Watch the video to learn more about how Starbucks is trying to address its recent challenges.

Persons: Neil Saunders, Kevin McCarthy, Neuberger Berman Organizations: Starbucks, GlobalData Retail Locations: U.S

The veteran joined thousands of victims who filed claims under the Camp Lejeune Justice Act, which expedited litigation when it was signed into law in 2022. The entrance to Camp LeJeune in Jacksonville, N.C., in 2017. Fred Marie / Corbis via Getty Images fileWith the Aug. 10 deadline fast approaching, at least 2,067 Camp Lejeune Justice Act cases have already been filed there so far, according to the court’s clerk, Peter Moore Jr. Andrew Van Arsdale, an attorney representing more than 9,000 Camp Lejeune claimants, said his firm has resolved 15 cases with the Navy in two years. The Department of Veterans Affairs said evidence shows a link between the chemical exposure at Camp Lejeune and some conditions, including Parkinson’s disease and several cancers.

Persons: Terry McClure, McClure, Camp Lejeune, ”, Denise, “, Denise McClure, Lejeune, Joe Keiley, Keiley, Peter Romano, ” Romano, Joe Biden, Camp, Fred Marie, Corbis, Peter Moore Jr, Andrew Van Arsdale, ” Denise McClure, ” Denise Organizations: Marine Corps, Camp Lejeune Justice, Navy, Camp LeJeune, Getty, Justice Department, Agency, Toxic Substances, Centers for Disease Control, “, Department of Veterans Affairs, Lejeune Locations: Camp, North Carolina, Eastern, of North Carolina, Jacksonville, N.C, Camp Lejeune, Louisville , Kentucky

☆ A future-of-work expert explains why some companies are willing to risk losing talent to get workers back to the office
▼ + stars: | 2024-08-03 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

And workers themselves welcome the new culture of flexibility that offers them a better work-life balance. AdvertisementThere is no doubt that the transition is underway, Ravin Jesuthasan, a renowned future-of-work expert and author of "The Skills-Powered Organization," told Business Insider. However, some organizations exhibit a certain amount of inertia when it comes to adapting to the new working culture. There's lots of people who want to come work here, and so this is our culture and this is how we're going to sustain our culture," Jesuthasan said. The most important thing is that people have to understand the logic of why you create these rules," the future-of-work expert said.

Persons: —, Ravin, Jesuthasan, We've, Richard Baker, it's, It's, that's, I'm Organizations: Service, Business, Organization, Employees

☆ Killing of Hamas Leader Fuels More Tension Between Biden and Netanyahu
▼ + stars: | 2024-08-03 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Prime Minister Benjamin Netanyahu of Israel is pushing back against President Biden over American concerns about the assassination of the political leader of Hamas and Israel’s approach to cease-fire talks in the latest rift between the two allies since the war in Gaza began 10 months ago. A senior Israeli government official, who spoke on condition of anonymity to discuss sensitive relations between the two countries, said in an interview that Mr. Netanyahu insisted he was not trying to block a cease-fire. While he acknowledged that the death of Mr. Haniyeh, the main negotiator in the cease-fire talks, would interrupt progress for a few days, Mr. Netanyahu argued that it would ultimately hasten the finalization of an agreement by putting more pressure on Hamas, according to the Israeli official. Mr. Biden contended that the assassination of Mr. Haniyeh was poorly timed, coming right at what the Americans hoped would be the endgame of the process, according to the U.S. official, who likewise did not want to be identified describing private talks. Moreover, Mr. Biden expressed concern that carrying out the operation in Tehran could trigger the wider regional war that he has been trying to avert.

Persons: Benjamin Netanyahu, Biden, Netanyahu, Israel, Ismail Haniyeh, Haniyeh, Mr Organizations: U.S, U.S . Locations: Israel, Gaza, Tehran

☆ 10 biggest stories of the first week of the 2024 Summer Olympics
▼ + stars: | 2024-08-03 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +15 min

The 2024 Summer Olympics are heading into their second weekend, and it’s truly been one for the history books. Turkey's Yusuf Dikec competes in the shooting 10m air pistol mixed team gold medal match during the Paris 2024 Olympic Games at Chateauroux Shooting Centre on July 30, 2024. Aleksandra Szmigiel/ReutersFrench athletes wave flags as they sail in a boat on the river Seine during the opening ceremony for the 2024 Summer Olympics in Paris, France, Friday, July 26, 2024. Fabrice Coffrini/AFP/Getty ImagesFrance's Anthony Jeanjean competes in the Men's Cycling BMX Freestyle Park Final during the Paris 2024 Olympic Games in Paris, on July 31, 2024. Emmanuel Dunand/AFP/Getty ImagesVisitors take pictures of the Olympic cauldron as it rises high after sunse on day two of the Olympic Games Paris 2024 at on July 28, 2024 in Paris, France.

Persons: it’s, Simone Biles ’, Léon, Simone Biles, Naomi Baker, she’s, Biles, Read, Léon Marchand, Gold, Leon Marchand, Quinn Rooney, he’s, Marchand, “, ”, Philippe Katerine, Dionysus, Katerine, ” Katerine, Anne, Christine Poujoulat, drenching, Cassandre Beaugrand, Alex Yee, New Zealand’s Hayden Wilde, Wilde, Yee, Novak, Serbia's Novak Djokovic, Lorenzo Musetti, Clive Brunskill, Rafael Nadal, Andre Agassi, Steffi Graf, Serena Williams, Djokovic, Nadal, Spain’s Carlos Alcaraz, Ilona Maher, Maher, Andy Murray, Murray, American’s Taylor Fritz, Tommy Paul, Dan Evans, Andy Murray’s, Kim Yeji, Charles McQuillan, there’s Yusuf Dikeç, Kim, Turkey's Yusuf Dikec, Alain Jocard, Dikeç, Imane Khelif, Angela Carini, dislodging, Carini, Mark Adams, ” Khelif, WADA, CHINADA –, Aleksandra Szmigiel, Franck Fife, Yoshimura Miho, Rwanda's Tufaha, Fabrice Coffrini, France's Anthony Jeanjean, Emmanuel Dunand, Maja Hitij, Amy Woodyatt, Patrick Sung, Gul Tuysuz, Jessie Yeung, Saskya Vandoorne, Ben Church, George Ramsay, Scottie Andrew, Chris Liakos, Simone McCarthy, Andrew McNicol, Kara Fox Organizations: Paris CNN, Paris Olympics, Olympic, Team United, Olympic Games, Bercy Arena, USA, Team France, Paris La Defense, La Défense, Games, CNN, Catholic, French Catholic Church, Paris, Getty, Wimbledon, US, rugby, Team USA, Australia, tennis Shooters, Team Republic of, Chateauroux Shooting, Olympic Committee, Tokyo, China’s, Doping Agency, Tokyo Games, Eiffel, Reuters, Palais Locations: Paris, France, Tokyo, Nanterre, French, AFP, Seine, New, Italy, Los Angeles, Team Republic of Korea, Chateauroux, South Korea, Turkey, Turkish, Beijing

☆ Ukraine has been flying shockingly deep inside Russia because Russian air defenses are so degraded, expert says
▼ + stars: | 2024-08-02 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Read previewUkraine has been able to strike unusually deep inside Russia because Russian air defenses have been stretched, a warfare expert told Business Insider. "Russian air defenses should have very easily taken them out." Many of Russia's air defense systems have been damaged and destroyed by Ukraine, and Ukraine is now targeting some defenses that it could not previously reach. Ukraine destroyed many Russian air defense systems, particularly in Crimea, the Ukrainian peninsula that Russia annexed in 2014. Many warfare experts have said that this war has largely become an air defense war, making both countries desperate to keep their arsenals strong.

Persons: —, George Barros, We've, Barros, ISW Organizations: Service, Business, Ukraine Locations: Ukraine, Russia, Russian, Ukrainian, Tatarstan, Crimea

☆ With Hostage Swap, Biden Scores a Win as His Term Nears Its End
▼ + stars: | 2024-08-01 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Even in the world of presidential multitasking, July 21 turns out to have been an extraordinary, whipsaw Sunday for President Biden. At 12:09 p.m., he picked up the phone at his vacation house in Rehoboth Beach, Del., to talk with the prime minister of Slovenia as part of a high-stakes diplomatic gamble to seal a complicated, multinational prisoner swap. Just 97 minutes later, he posted a world-stunning letter online abandoning his bid for re-election after a bruising pressure campaign by his own Democratic allies, climaxing the biggest crisis of his political career and signaling the end of his presidency after a half-century in public life. By any measure, it was one of the darkest moments of his time in elective office as the inescapable reality of time, age and polls finally caught up with him. And yet it would lead to one of the most joyous days of his presidency barely a week and a half later as he orchestrated the release of imprisoned Americans from the dungeons of Russia.

Persons: Biden Organizations: Democratic Locations: Rehoboth Beach, Del, Slovenia, Russia

☆ Simone Biles’ brilliant comeback and other takeaways from the individual all-around gymnastics final
▼ + stars: | 2024-08-01 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +7 min

Paris CNN —Simone Biles is once again the Olympic gold medalist in individual all-around gymnastics after winning one of the most dramatic finals of these Paris Olympics. Biles held off a spirited challenge from brilliant Brazilian Rebeca Andrade, who once again won silver and Biles’ teammate Suni Lee took the bronze. Her artistry and rhythm were infectious and, until her final floor exercise penalty, she turned in an incredibly solid, well-rounded performance. At the World Championships last year, Andrade took gold in the vault, while Biles took silver. The winners of the last three individual all-around gymnastics gold medals took in the moment to soak in the cheers.

Persons: Paris CNN — Simone Biles, Biles, Rebeca Andrade, Suni Lee, Andrade, “ That’s, ” Biles, Simone Biles, it’s, “, I’ve, ” Andrade, Biles Rebeca Andrade, Naomi Baker, Lee, Charlie Riedel, savor, ” Lee, Alice D’Amato Organizations: Paris CNN, Reuters, American Locations: Thursday’s, Tokyo, Houston, United States, American, Paris, Algeria

A turning point came on June 25, when a group of C.I.A. officers sat across from their Russian counterparts during a secret meeting in a Middle Eastern capital. Quiet negotiations between the United States and Russia over a possible prisoner swap had dragged on for more than a year. They were punctuated by only occasional glimpses of hope for the families of the American prisoners — including Evan Gershkovich, a reporter for The Wall Street Journal, and Paul Whelan, an American security contractor — growing increasingly impatient for their ordeal to end. But the June meeting changed things, according to accounts from American and Western officials and other people familiar with the long process of bringing the deal to fruition.

Persons: Evan Gershkovich, Paul Whelan Organizations: Wall Street Journal Locations: Russia, United States, Europe, Moscow, American

☆ Washington, D.C., attorney general sues StubHub, alleging deceptive pricing
▼ + stars: | 2024-07-31 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

Washington, D.C., Attorney General Brian Schwalb sued the online ticket exchange platform StubHub on Wednesday, alleging deceptive and unfair pricing. The lawsuit claims StubHub uses deceptive advertising of low ticket prices to lure consumers who pay vastly more after an arduous checkout process. "This is no accident — StubHub intentionally hides the true price to boost profits at its customers' expense," Schwalb said in a statement. In its lawsuit, the attorney general's office said that from 2014 to 2015, StubHub used "all-in pricing," in which the advertised price included mandatory fees. The complaint alleged that StubHub did a testing period where it randomly assigned consumers to one of the two models.

Persons: Brian Schwalb, Schwalb, StubHub, Eric Baker, Viagogo Organizations: San Francisco . Washington , D.C, Labor, of Columbia, Washington , D.C, eBay Locations: San Francisco . Washington ,, Washington ,

☆ With a NATO war and Ukraine's knack for shooting down planes in mind, Russia is holding back its airpower and most advanced jets
▼ + stars: | 2024-07-31 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +13 min

Read previewRussia has kept much of its airpower and some of its most advanced aircraft out of the war in Ukraine. But Baum and other air warfare experts have warned Russia's air force should not be underestimated and cautioned that NATO should be ready. AdvertisementRussia's air force is weaker than NATO's airpower, but Russia's war in Ukraine shows it can still cause a lot of damage. Russia's air force has suffered high attrition rates from Ukraine's ground-based air defenses when operating in the country. Related storiesHe said that Russia "has a lot of trouble replacing lost advanced aircraft," only making a few a year.

Persons: —, John Baum, Su, Andrew Curtis, Curtis, Michael Clarke, Christopher Cavoli, it's, Clarke, Evelyn Hockstein, Baum, Peter Layton, Layton, Volodymyr Zelenskyy, Jens Büttner, Russian Sukhoi Su, Nicola Marfisi, Russia's, There's, Sukhoi Su, Aleksey Nikolskyi, REUTERS George Barros, Jake Epstein, Gustav Gressel, Tim Robinson, Russia's Su, Robinson, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Service, NATO, Mitchell Institute, US Air Force, Business, UK Ministry of Defense, Russian Air Force, Royal Air Force, REUTERS, Ukraine, Griffith Asia Institute, Royal Australian Air Force, Russian, Getty Images Air, Getty Images, it's, Sukhoi, Sputnik, European Council, Foreign Relations, UK's Royal Aeronautical Society, Getty Locations: Russia, Ukraine, Europe, Washington, NATO, Russian Sukhoi, Ukrainian, Moscow, Kremlin, AFP

☆ Anita Dunn to Leave White House in First Departure Since Biden’s Withdrawal
▼ + stars: | 2024-07-30 | by ( Peter Baker | Katie Rogers | ) www.nytimes.com time to read: +1 min

Anita Dunn, President Biden’s senior adviser, is leaving her White House post next week to move over to a super PAC supporting Vice President Kamala Harris’s fledgling campaign, the first major personnel move in the West Wing since the president dropped his bid for re-election. Ms. Dunn, who coordinated communications strategy for Mr. Biden and has been one of his closest aides, will consult for Future Forward, the largest Democratic-leaning super PAC, which last week announced a $50 million advertising campaign to promote Ms. Harris in six critical battleground states. “It’s been an honor and privilege to serve in this White House, with this president and this team, during this transformational term,” Ms. Dunn said in a statement. “I am grateful to President Biden and Vice President Harris for their leadership and giving me the opportunity to be part of what they have accomplished for the American people.”In a brief telephone call, Ms. Dunn said she would be leaving the White House next Tuesday and not returning to her own consulting firm but would take on Future Forward as an independent consultant. Ms. Dunn has been part of Mr. Biden’s orbit for years and was credited with helping to turn around his campaign for the Democratic nomination in 2020 after early defeats and stabilizing his White House communications strategy.

Persons: Anita Dunn, Biden’s, Kamala Harris’s, Dunn, Biden, Harris, “ It’s, Ms, “ Organizations: Wing, Democratic, White

☆ Analyst blasts American Airlines for troubling 'lack of vigor' and action to improve financial performance
▼ + stars: | 2024-07-29 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +3 min

Read previewJP Morgan analysts say American Airlines leadership isn't doing enough to shore up profits, calm anxious investors, and improve stock performance after disappointing second-quarter results. American Airlines executives plan to lean on additional earnings from a recently revamped ticket distribution strategy as part of a turnaround strategy. AdvertisementThe disastrous policies cost the company $750 million in lost revenue during the first half of the year, American Airlines CEO Robert Isom said during the earnings call on Thursday. American Airlines did not respond to a request for comment. Second-quarter earnings for American, Delta, and United all fell short of Wall Street expectations.

Persons: —, Morgan, they'd, JP Morgan, Jamie Baker, Baker, Robert Isom, JP, uninspiring, Scott Kirby Organizations: Service, American Airlines, Business, . American Airlines, United Airlines Locations: United

☆ Museums closed Native American exhibits 6 months ago. Tribes are still waiting to get items back
▼ + stars: | 2024-07-29 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

NEW YORK AP —Tucked within the expansive Native American halls of the American Museum of Natural History is a diminutive wooden doll that holds a sacred place among the tribes whose territories once included Manhattan. The doll, also called Nahneetis, is just one of some 1,800 items museum officials say they’re reviewing as they work to comply with the requirements while also eyeing a broader overhaul of the more than half-century-old exhibits. We need them close.”Sean Decatur, the New York museum’s president, promised tribes will hear from officials soon. The American Museum of Natural History, he noted, is one of New York’s major tourism draws and also a mainstay for generations of area students learning about the region’s tribes. He suggests museums use replicas made by Native peoples so that sensitive cultural items aren’t physically on display.

Persons: ”, Joe Baker, ” Sean Decatur, Lance Gumbs, ” Gumbs, “ There’s, ” Gordon Yellowman, ” Yellowman, “, Bridgette Russell, Todd Mesek, Nicole Rura, Chuck Hoskin, Baker, ” Baker Organizations: American Museum of, American, Protection, Lenape, York, Eastern, Northwest Coast Hall, Cheyenne, Arapaho Tribes, New, Field, Repatriation, Cleveland Museum, Harvard, Peabody Museum’s, Cherokee Nation, Peabody, Cherokees, Delaware Nation Locations: Manhattan, Delaware, Eastern Woodlands, Great, Decatur, New, Oklahoma, New York, Nebraska, Chicago, America, Ohio, Alaska, American, “, Ontario

☆ Oil prices rise on fears of wider Middle East conflict after rocket strike in Golan Heights
▼ + stars: | 2024-07-29 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Monday, paring last week's loss, on fears of a widening conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights, which Israel and the United States blamed on Lebanese armed group Hezbollah. Brent crude futures gained 20 cents, or 0.3%, to $81.33 a barrel at 0010 GMT. Last week, Brent lost 1.8% while WTI fell 3.7% on sagging Chinese demand and hopes of a Gaza ceasefire agreement. On Sunday, Israel's security cabinet authorized Prime Minister Benjamin Netanyahu's government to decide on the "manner and timing" of a response to the Saturday's rocket strike in the Golan Heights that killed 12 teenagers and children. That conflict has spread to several fronts and risks spilling into a wider regional conflict.

Persons: paring, Brent, Benjamin Netanyahu's, Toshitaka Tazawa, Baker Hughes Organizations: . West Texas, Hamas, Fujitomi Securities Locations: Golan, Israel, United, Gaza, Iran, Lebanon, China

☆ Ukraine developed new shields for its US-made Bradleys, which are excelling against Russia
▼ + stars: | 2024-07-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementMetinvest has already made screens for Ukrainian tanks and said in June that it had made 25 screens, including for the US Abrams tank. Ukraine has received more than 300 Bradleys from the US, and has used them to transport troops and to target Russian armor, bunkers, and infantry. Global Images Ukraine | Getty ImagesThe vehicles are more maneuverable and repairable than some heavier armor and are also able to strike back. Related storiesBradleys have been filmed going head-to-head against Russia's armored vehicles, including Russia's most advanced tank, the T-90M.

Persons: —, Oleksandr Myronenko, Myronenko, Metinvest, Pat Ryder, Bradley, it's Organizations: Service, Bradley, Ukraine's, Newsweek, Business, US Abrams, Getty, Pentagon Locations: Ukraine, Russian

☆ Seattle’s ‘Belltown Hellcat’ Is Arrested and Barred From Instagram
▼ + stars: | 2024-07-29 | by ( Mike Baker | ) www.nytimes.com time to read: +1 min

A man who for months has infuriated Seattle residents with his raucous driving and late-night social media escapades was ordered into custody on Monday and prohibited from posting to his vast following on Instagram. Miles Hudson, 21, known in Seattle as the “Belltown Hellcat,” has faced a series of escalating legal troubles after spending many nights roaring through downtown streets, the explosive backfires from his Dodge Charger Hellcat SRT shaking windows and rattling nerves. Separately, a woman accused him of stalking her and sending explicit images of her to other people. He also barred Mr. Hudson from posting on his Twitch and Instagram accounts. “If there are any posts from those accounts, it’s a violation of this court’s order,” the judge said, before a court marshal placed handcuffs on Mr. Hudson and led him out of the courtroom.

Persons: Miles Hudson, ”, Hudson, Seth Niesen Organizations: Seattle, Dodge Locations: Instagram, Seattle

☆ What to watch at Olympics today: Simone Biles is back, LeBron James and Team USA face Serbia
▼ + stars: | 2024-07-28 | by ( Alex Andrejev | ) www.nytimes.com time to read: +8 min

Later, the U.S. men’s basketball team, led by LeBron James, plays Serbia and Nikola Jokić in a matchup of top NBA talent. (Russia — the defending champion in both the men’s and women’s team all-around — is banned from participating in team sports at the Paris Olympics.) The women’s team final is set for 12:15 p.m. One more thing: Durant — a three-time Olympic gold medalist — might finally play after a calf injury sidelined him through the team’s summer exhibitions. The U.S. women’s team wraps up group play with Australia on Wednesday.

Persons: Simone Biles, LeBron James, Nikola Jokić, Biles, Peacock, Sunisa Lee, Jade Carey, Jordan Chiles, Hezly Rivera, you’ve, James, Stephen Curry, Kevin Durant, Jokić, Bogdan Bogdanović, Durant —, —, Trinity Rodman, Valery Hache, Hayes, Michael Phelps ’, Léon Marchand, Michael Phelps, ” Marchand, Phelps ’, Frenchman, — Gretchen Walsh, Qin Haiyang, Adam Peaty, United States ’ Nic Fink, Gretchen Walsh, Caroline Marks, Carissa Moore, John John Florence, hird, aris G ames, adal, aris O lympics Organizations: NBA, NBC, Tokyo, Paris Games, Paris, Olympics, Olympic, U.S ., Bercy Arena, Atlanta Hawks, Serbia, South Sudan, Trinity, Getty, Telemundo, Peacock, U.S, United, Tokyo Games, Australia, Paris La Défense, aris, aris O, aker Locations: France, U.S, Serbia, Germany, Tahiti, Paris, United States, Russia, —, China, Italy, AFP, Zambia, Australia, Spain, Brazil, Japan, Nigeria, Hawaii, Caroline Marks

☆ Lithium Battery Fire Traps Drivers in Sweltering Heat on California Highway
▼ + stars: | 2024-07-27 | by ( Hank Sanders | More About Hank Sanders | ) www.nytimes.com time to read: 1 min

Drivers were stuck in traffic in 109-degree heat on a California highway on Saturday for hours as the authorities struggled to extinguish a fire involving a truck carrying lithium ion batteries that had overturned on Friday. Emergency services received calls around 6:30 a.m. local time about a truck that had crashed near Baker, Calif., in the northbound lanes of I-15, a major highway that leads travelers to Las Vegas. The northbound lanes were closed beginning at 8:30 a.m., and the southbound lanes at 9 a.m. The southbound lanes reopened shortly after 2:30 p.m. on Friday, according to the California Highway Patrol. The northbound lanes remained closed as of 5 p.m. on Saturday, according to the California Department of Transportation.

Organizations: California, Patrol, California Department of Transportation Locations: California, Baker, Calif, Las Vegas

☆ Simone Biles ‘in a really good place’ as she prepares to further her extraordinary legacy at the Paris Olympics
▼ + stars: | 2024-07-27 | by ( George Ramsay | ) edition.cnn.com time to read: +7 min

I always rise to the occasion; even after all of the traumas and the downfalls, I’ve always risen.”Indeed, in the months leading up to the Paris Olympics, Biles has risen like never before. That medal haul could grow in Paris, where Biles is likely to compete in the women’s team event on Tuesday. The Olympics have arrived at an intriguing chapter in her career, and in Paris Biles will have the opportunity to complete an extraordinary arc of redemption. A senior member of the US team, Biles is a role model for young athletes both in and out of the gym. Above all, these Olympics are perhaps a timely reminder to enjoy the grace and genius of Simone Biles while you can.

Persons: Simone Biles, Maya Angelou, ”, “, Biles, I’ve, “ Simone, … She’s, she’s, ” Chellsie Memmel, Simone, Hannah McKay, Reuters Memmel, ” Biles, “ Simone Biles, Dominique Dawes, CNN’s Sanjay Gupta, Naomi Baker, Vitaly Scherbo’s, Wilhelm Weiler, Dawes, “ She’s, Jamie Squire, Larry Nassar – Organizations: Paris CNN —, Tokyo, Netflix, Paris, Games, USA, Olympic, Bercy, Reuters, Tokyo –, Team USA, International Gymnastics Federation, USA Gymnastics Locations: Rio, Tokyo, Paris, Biles, Antwerp, Belgium, handstand, Michigan

☆ Simone Biles submits new skill on uneven bars, could become sixth named for her
▼ + stars: | 2024-07-26 | by ( Dana O'Neil | ) www.nytimes.com time to read: +3 min

Biles submitted a new element on the uneven bars for consideration to the International Gymnastics Federation on Friday. Simone Biles has submitted an original skill on the Uneven Bars! Asked about the vault, Biles’ coach Cecile Landi smiled broadly. She earned her first named move in 2013, on the floor exercise and three of her elements — the Biles on beam, Biles II on floor, Biles and now Biles II on vault — rank as the most difficult skills on their respective apparatus. At the Tokyo Games in 2021, Biles withdrew from the team competition after battling the twisties.

Persons: PARIS — Simone Biles, Biles, —, Svetlana Khorkina —, Khorkina, Weiler, kip —, Simone Biles, ike, andi, iles, ault, ince Organizations: International Gymnastics Federation, aker

☆ Silent No More, Harris Seeks Her Own Voice Without Breaking With Biden
▼ + stars: | 2024-07-26 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

For nearly four years, she has been the quiet understudy, relegated to the role of the supportive deputy while President Biden made pronouncements. The challenge for her over the next 100 days will be to find her own voice without overtly breaking with Mr. Biden, a delicate political high-wire act without a reliable net. Yet even as she wants to demonstrate loyalty to Mr. Biden, she also hopes to show the public who she is. She is fortunate in that she and Mr. Biden do not diverge all that much, according to people who have worked with them. While friction between presidents and their vice presidents is common, there have been few notable instances where Mr. Biden and Ms. Harris have been reported to be at odds.

Persons: Kamala Harris, “, Biden, Mr, Harris Organizations: Democratic Locations: Gaza

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