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☆ Warren Buffett's Berkshire Hathaway raked in billions from BYD, the China EV maker Munger called a 'damn miracle'
▼ + stars: | 2024-06-30 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Sixteen years ago, Warren Buffett's Berkshire Hathaway unveiled a $230 million investment in Chinese electric vehicle startup BYD , sparking questions about the conglomerate's unusual foray into early-stage technology. Lately, Berkshire has been selling down the position, ringing the register after earning billions of dollars during its hyper-growth phase. Berkshire trimmed its BYD stake to 5.99% as of June 19 from 7% just a few days earlier , according to a Hong Kong Stock Exchange filing . It has since become the top car brand in China, as well as a major producer of EV batteries. "From a standing start at zero and with very little capital, he rapidly was able to create the best-selling single model in China," Munger said.

Persons: Warren Buffett's Berkshire Hathaway, Charlie Munger, —, Munger, Wang Chuanfu, he's, Buffett, Thomas Edison, Bill Gates, BYD, Tesla, Li Lu Organizations: Hong Kong Stock Exchange, Oracle, EV, Elon, Seattle, Capital, Berkshire Locations: China, Berkshire, Munger, Omaha, Shenzhen, Hong Kong

☆ EV sales have hit a speed bump. Using AI to improve their batteries could get more people back in the driving seat.
▼ + stars: | 2024-06-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Chemix is using machine-learning algorithms to develop EV batteries that can charge more quickly, hold more energy, and last longer than current EV power units. Koeller said the primary advantage of using AI to design EV batteries is that it dramatically speeds up the process. Better EV batteriesDesigning EV batteries is a three-step process, Georgia Tech assistant professor Micah Ziegler told BI. The solid-state electrolyte they discovered relies less on lithium, an increasingly rare resource that forms the core of today's EV batteries. Mueller said that PNNL's collaboration with Microsoft has convinced him that generative AI could have applications far beyond speeding up EV battery design.

Persons: —, Jason Koeller, Koeller, Micah Ziegler, Ziegler, Karl Mueller, Mueller, it's Organizations: Service, Business, EV, Georgia Tech, BI, Pacific Northwest National Laboratory, Microsoft Locations: California

☆ Israel has never been impressed with its version of the $1 billion Patriot air defense system. Now it could offload up to 8 to Ukraine.
▼ + stars: | 2024-06-29 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

It would be a welcome moment for Ukraine, which has long coveted more of the $1 billion US-manufactured Patriot systems. "Israel's Patriots would greatly expand Ukraine's air defense capacity at a time when it is sorely needed," John Hardie, the Deputy Director of the Foundation for Defense of Democracies Russia Program, said. Zelenskyy's Patriot pleasUkrainian President Volodymyr Zelenskyy has never been shy about his desire to get his hands on more Patriot systems. AdvertisementIn April, Zelenskyy told NATO members that Ukraine needed at least seven Patriot or other advanced air defense systems to defend against Russian attacks. The Patriot air defense systemA 2023 report by the Congressional Research Service describes the Patriot system as an "integral component of U.S. air and missile defense."

Persons: —, Vladimir Putin's, John Hardie, Ryan Bohl, RANE, Bohl, Volodymyr Zelenskyy, Zelenskyy, Putin, Joe Biden, John Kirby Organizations: Service, Russian, Financial Times, Business, Israel's Patriots, Foundation for Defense of Democracies Russia, Israeli Air Force, Patriot, Iraqi Scud, Officials, East, Hezbollah, NATO, Patriots, New York Times, National Security, Congressional Research Service Locations: Israel, Ukraine, North Africa, Lebanese, —

☆ An alphabet soup of 'electrified' vehicles awaits new car buyers as EV sales stall
▼ + stars: | 2024-06-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +9 min

A car shopper today has their pick of traditional internal combustion engine (ICE) vehicles; mild-hybrid electric vehicles (MHEVs); hybrid electric vehicles (HEVs); plug-in hybrid electric vehicles (PHEVs); fuel cell electric vehicles (FCEVs) and battery-electric vehicles (BEVs), also commonly known as EVs. Here's a breakdown: Internal combustion engine (ICE): A "traditional" vehicle with an engine that's fueled with gasoline or diesel. Hybrid electric vehicle (HEV): Think of the Toyota Prius, a vehicle that has a hybrid powertrain system combined with an engine. Plug-in hybrid electric vehicle (PHEV) : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery. : These vehicles feature an internal combustion engine combined with a hybrid system, including a larger battery than traditional hybrid vehicles as well as a plug to recharge the vehicle's battery.

Persons: Paul Waatti, Heather Seymour, Seymour, Stellantis, Waatti, Michael Wayland, Antonio Filosa, Russell Wager, Jérémie Papin, BEV Organizations: DETROIT —, Pacifica, Toyota, CNBC, Motors, Chevrolet, Kia America, EV, Kia, GM, Detroit, GM Energy, Ford Motor, Auto, Nissan, ICE, Toyota Prius Locations: U.S, Stellantis, St, Johns , Florida, Detroit, Japan, South Korea, Germany

☆ I skipped grad school and became a mechanic instead. I ended up getting a dream job at Tesla.
▼ + stars: | 2024-06-28 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a transcribed conversation with Diana Welsch about training to be a car mechanic instead of going to grad school. I went to trade school instead of grad schoolI decided to go to trade school in 2014. AdvertisementI got a dream job at TeslaAt my trade school fair, I saw that Tesla was hiring trainees. I left Tesla later that yearI'd wanted to stay at Tesla my whole life — it was the most fun job ever. I wish I had gone to trade school after high school instead of college.

Persons: —, Diana Welsch, I've, Tesla, I'd, Elon Musk, Uncle Elon, Elon, they'd Organizations: Service, Business, Universal Technical Institute, Sun Devil, Tesla, Bluetooth, LA, Management Locations: Arizona, Phoenix, Los Angeles, North Dakota

☆ Ford CEO says a profitable $30,000 EV is coming in two and a half years
▼ + stars: | 2024-06-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. "You have to make a radical change as an [automaker] to get to a profitable EV. Ford's EV unit lost $1.32 billion during the first quarter of this year on 10,000 vehicles wholesaled. Farley said it's crucial for Ford to make profitable EVs in the next five years, as Chinese automakers continue to expand globally. "And if we don't make profitable EVs in the next 5 years, what is the future?

Persons: Jim Farley, Farley, Tesla, Ford, CNBC's Julia Boorstin, they're, Ford's Organizations: Washington , D.C, Ford Motor, Aspen Ideas, Ford, EV Locations: Washington ,, U.S, Canada, North America

☆ Live Updates: Supreme Court Overrules Chevron Doctrine, Imperiling an Array of Federal Rules
▼ + stars: | 2024-06-28 | by ( Adam Liptak | ) www.nytimes.com time to read: +12 min

But that gave too much power to unelected government officials, according to conservatives, who ran a coordinated, multiyear campaign to end the Chevron doctrine. The Environmental Protection AgencyEnvironmentalists fear that the end of the Chevron doctrine will mean the elimination of hundreds of E.P.A. “I would expect the industry to attack the F.D.A.’s authority to do premarket review at all,” said Desmond Jenson, deputy director of the commercial tobacco control program at the Public Health Law Center. Others noted the Chevron decision could have a chilling effect, compelling the F.D.A. “The Supreme Court has not relied on Chevron in quite a few years,” she said.

Persons: ”, Lisa Heinzerling, Donald J, Trump, Mandy Gunasekara, President Trump, Jonathan Berry, doesn’t, ” Rather, Berry, ” Mr, Chevron, Biden, Garden, “, Desmond Jenson, Nicholas Bagley, Rachel Sachs, Louis, Abbe R, Gluck, Ms Organizations: Georgetown University, “, Congress, Labor, Act, Republican, Trump, Chevron, Labor Department, Mr, Environmental Protection Agency, Biden, University of Minnesota, The National Labor Relations Board, Food, Drug Administration, Public Health Law Center, Health, Affordable Care, University of Michigan, Washington University School of Law, Department of Health, Human Services, Centers, Medicare, Services, Yale Law School, Treasury, Internal Revenue, Treasury Department, Internal Revenue Service Locations: Chevron, St

☆ Boeing, NASA consider extending astronauts’ Starliner mission up to 3 months
▼ + stars: | 2024-06-28 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

Setbacks in orbitSeveral more helium leaks were identified while the craft was en route to the International Space Station along with the thruster issues. That’s why Boeing and NASA teams then chose to leave the Starliner spacecraft safely docked with the space station while they worked to learn as much as possible about those issues. The first Starliner test mission took place without a crew in December 2019. That’s at the core of the mysteries Boeing and NASA are seeking to unravel during the Starliner spacecraft’s extended mission. Extended stays in spaceIt’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months.

Persons: CNN —, —, Suni Williams, Butch Wilmore, Steve Stich, “, ” Stich, what’s, ” “ We’re, Stich, Mark Nappi, Nappi, whittle, ” Nappi, ‘, ’ —, Williams, “ We’ve, ”, That’s, Frank Rubio Organizations: CNN, International Space Station, Boeing, NASA, Space, Atlas, International Space, SpaceX, Cargo, Space Station, Astronauts Locations: New Mexico, Russian

☆ Why an Israel-Hezbollah war would be far more dangerous today than the last time around
▼ + stars: | 2024-06-27 | by ( Ben Wedeman | ) edition.cnn.com time to read: +7 min

Since its inconclusive 2006 war with the Lebanese militant group, Israel has been planning for a re-match. During the 2006 war, in the experience of this correspondent, it was rare to encounter Hezbollah fighters. In the event of war, full-scale war, both sides will be able to inflict significant pain on the other. In the entire 34-day war of 2006 Hezbollah is estimated to have fired around 4,000 rockets – a daily average of 117. At 6 a.m. on July 13, 2006 – less than 24 hours after the start of the war – Israeli warplanes bombed and knocked out Beirut’s Rafic Hariri International Airport.

Persons: CNN —, Benny Gantz, Hassan Nasrallah, – Nasrallah, Avihu Shapira, Gantz, Beirut’s Rafic, –, Israel, Iran’s, Qais Al, Ahl Al, Haq, Lebanon “ Organizations: CNN, Reichman University, Israel, Getty, Beirut’s Rafic Hariri International Airport, Tel Aviv’s Ben Gurion International, Washington Locations: Lebanon, Herzliya, Israel, Lebanese, Haifa, Syria, Gaza, Iraq, Iran, It’s, Israel’s, Yemen, Red, Jordan, America, Tehran, Damascus, Hormuz, Persian, Germany, Sweden, Kuwait, Netherlands

☆ US discussing possibility of transferring Israeli Patriot missile defense systems to Ukraine
▼ + stars: | 2024-06-27 | by ( Kylie Atwood | Oren Liebermann | ) edition.cnn.com time to read: +3 min

The US and Germany have already sent Patriot systems to Ukraine, but the Biden administration has made it clear that Kyiv needs more as Russia continues to launch aerial attacks on the country. It is unclear how long the process of finalizing details and transferring the systems to Ukraine would take. In April, the Israel Defense Forces said it would soon retire its Patriot systems, which were first fully integrated into the military in 1991. But the Patriot missiles is not Israel’s primary air defense system. Israel relies far more on its short-range Iron Dome aerial defense system, as well as its medium-range David’s Sling and long-range Arrow missiles.

Persons: CNN —, Biden, Benjamin Netanyahu, Vladimir Putin, Volodymyr Zelensky, Israel, “, ”, Pat Ryder Organizations: CNN, Patriot, Dome, Financial Times, Israel Defense Forces, Hamas, Pentagon Locations: Israel, Ukraine, Russia, Kyiv, Germany, Gaza

As Sam's Club opens more locations, it is trying to raise the bar for its own brand, Member's Mark. Net sales for Sam's Club totaled $86.2 billion in its most recent fiscal year, compared with $176.63 billion for Costco's U.S. clubs. Sam's Club CEO Chris Nicholas told CNBC the brand's revamp was inspired, in part, by the retailer's chief rival. Overtaking Costco and its beloved private label won't be easy for Sam's Club, said Michael Baker, a retail analyst for D.A. But he added Costco's success with Kirkland Signature created a formula that Sam's Club can follow.

Persons: Megan Crozier, Crozier, —, kickstart, Mark, Chris Nicholas, Kirkland, Member's Mark, Michael Baker, Davidson Organizations: Sam's Club, Walmart, Costco, Kirkland, Sam's, Costco's U.S, CNBC, D.A

In the biggest shock (by the FIFA world rankings) of Euro 2024 so far, Georgia defeated Portugal 2-0 to secure a place in the knockout stages in what is their major tournament debut. Georgia reached Euro 2024 — their first-ever appearance at a major tournament — after beating Greece in a playoff penalty shootout at the end of March. They had actually finished fourth in their Euro qualifying group, ahead of only Cyprus, but reached the playoffs via the Nations League route topping Group C4. Frustration was understandable, but it consumed him for the rest of the game — right until he was substituted midway through the second half, still without a goal in three appearances at Euro 2024. Going into tonight’s game, he had conceded four goals at Euro 2024 — but that was from 20 shots on target.

Persons: Roberto Martinez, Kvaratskhelia, Georges Mikautadze, Cristiano Ronaldo, —, , Willy Sagnol, ”, Steve Clarke’s, tamely, Giorgi Mamardashvili —, Sagnol, “, Tom Burrows, Ronaldo, Goncalo Ramos, Oliver Kay, Germain, Mikautadze, Diogo Costa, Joao Palhinha, Luis de la Fuente, De la, Antonio Silva, Silva, Pedro Neto, Martinez, Joao Felix, Felix, Francisco Conceicao, Conceicao, Neto, Jay Harris, Giorgi Mamardashvili, Diogo Dalot, Chris Brunskill Organizations: FIFA, Spain, Sunday, Georgia, Greece, Nations League, Athletic, ”, Scotland, Valencia, Ajax, Portugal, Paris Saint, Albania, Wolverhampton Wanderers, Barcelona, Europa League for Locomotive Tbilisi Locations: Georgia, Portugal, Slovenia, Frankfurt, France, Belgium, Turkey, Cologne, Cyprus, Germany, Czech Republic, Romania, Europe, Metz, Paris, Napoli

☆ ‘The Last Safe Abortion:’ Photos show a rarely seen side of abortion care work
▼ + stars: | 2024-06-26 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

Santoro’s death was one of many — all too many — which activists and healthcare workers sought to avoid by legalizing abortions and abortion care in the United States. Carmen Winant’s new photobook, “The Last Safe Abortion,” also seeks to memorialize the labor, advocacy and community-building of abortion care providers and women’s health care workers in the near-50-year period that the right to an abortion was legally protected across the US. “The Last Safe Abortion,” seeks to memorialize the labor, advocacy and community-building of abortion care providers and women’s health care workers in the near-50-year period that the right to an abortion was legally protected across the US. Carmen Winant/SPBH EditionsThough particularly salient at this time, Winant’s book isn’t a direct response to the Roe repeal, she told CNN. Notably, none show strife or confrontations with protestors, in contrast to the visual narratives that often surround abortion care.

Persons: Gerri Santoro, Santoro’s, Court’s Roe, Wade, Carmen Winant’s, ”, Carmen Winant, Roe, “, ” Winant, Winant, Emma Goldman, —, Harriet, ‘ Organizations: CNN, Magazine, Ohio State University, Modern, Emma Goldman Clinic, Chicago History Museum, Medical, Midwest, Clinic, Iowa, University of Iowa Locations: Norwich , Connecticut, United States, Chicago, Ohio

☆ Trump’s War on Clean Energy Would Benefit China, Economists Say
▼ + stars: | 2024-06-26 | by ( Lisa Friedman | ) www.nytimes.com time to read: +1 min

In the race for the White House, former President Donald J. Trump has attacked President Biden’s policies to expand renewable energy as a “plan to make China rich” because America’s greatest economic rival also controls many of the parts needed for electric-vehicle batteries, solar panels and other green technology. But eliminating Mr. Biden’s climate policies would end up helping China, economists say, by jeopardizing hundreds of billions of dollars in manufacturing investments that have already been made in the United States and sending that work back to other countries, including China. “From a manufacturing perspective, you’re just ensuring the Chinese edge in these technologies continues to get wider.”Mr. Trump, who has called climate change a “hoax,” has targeted “every one” of Mr. Biden’s policies designed to transition the United States away from fossil fuels. That includes regulations to encourage electric vehicles and solar and wind energy while cracking down on pollution from coal-burning power plants and restricting oil drilling on public lands and in federal waters. The former president has also promised to withdraw the United States from global agreements to reduce greenhouse gas emissions.

Persons: Donald J, Trump, Biden’s, ”, Stuart, Mackintosh, Mr Organizations: White Locations: China, United States

☆ Stocks making the biggest moves midday: SolarEdge Technologies, Pool Corp., Carnival and more
▼ + stars: | 2024-06-25 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: SolarEdge Technologies — Shares of the company tumbled more than 20% following the announcement that it will offer $300 million worth of convertible notes due 2029. — The stock plunged more than 7% after the company updated its earnings guidance for the full year on Monday after the bell. The wholesale pool supplies distributor expects full-year earnings between $11.04 and $11.44 per share. Carnival — Shares added nearly 8% after the cruise company posted a second-quarter earnings and revenue beat. Penn Entertainment — The casino operator and online gambling platform's stock fell 5% after Raymond James downgraded it to market perform from outperform.

Persons: Leslie's, LSEG, Raymond James, Enovix, Rivian, —, Alex Harring, Lisa Kailai Han, Jesse Pound Organizations: U.S . Securities, Exchange, Pool Corp, Carnival, Penn Entertainment, Airbus, Nvidia —, Novo Nordisk, Guggenheim, Spirit AeroSystems, Boeing, Bloomberg Locations: Singapore, France, China

☆ Southeast Asia is a top choice for firms diversifying supply chains amid U.S.-China tensions
▼ + stars: | 2024-06-24 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +5 min

Skyline, Ho Chi Minh City, Vietnam John Harper | Photodisc | Getty ImagesSoutheast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing. "Southeast Asia is well-placed to benefit significantly from the China+1 phenomenon as both foreign and Chinese companies diversify their supply chains and operations," said Kuo-Yi Lim, co-founder and managing partner of Southeast Asian venture capital firm Monk's Hill Ventures. "The ASEAN-6 region has benefited from a diversification of global and regional supply chain as well as the adoption of 'China+1' strategies. MalaysiaMalaysia has seen semiconductor firms including Intel, GlobalFoundries and Infineon setting up or expanding operations in the country over the last few years amid U.S.-China tensions. Chinese electric vehicle maker BYD plans to start commercial production of EVs in Indonesia in 2026, according to local reports.

Persons: Vietnam John Harper, Kuo, Yi Lim, Lim, Yinglan Tan, Kai Wei Ang, CNBC's, It's, Ang, Anders C, Johansson, –, Sokon – Organizations: Photodisc, Getty, Monk's Hill Ventures, ASEAN, Hong Kong SAR, Apple, Ventures Partners, Samsung, BofA Securities, Intel, GlobalFoundries, Infineon, U.S, Monk's Hill Ventures . Industry, Malaysia that's, Stockholm China Economic Research, Stockholm School of Economics, Chery, Singapore Locations: Chi Minh City, Vietnam, Asia, China, Washington, Beijing, Monk's, Indonesia, Malaysia, Philippines, Thailand, Singapore, U.S, Japan, European Union, China & Hong Kong, Hong Kong, Vietnam Vietnam, ASEAN, Malaysia Malaysia, Stockholm China, EVs

☆ Fire at lithium battery factory kills at least 22 in South Korea
▼ + stars: | 2024-06-24 | by ( Gawon Bae | Yoonjung Seo | ) edition.cnn.com time to read: +1 min

Seoul, South Korea CNN —A fire at a lithium battery factory in South Korea Monday killed at least 22 people, most of them foreign nationals, local officials said. It was extinguished around 3:10 p.m, and firefighters were able to enter the factory, said Hwaseong Fire Department official Kim Jin-young in a briefing. Rescue workers recovered a number of burned bodies, Kim said, and one person died due to cardiac arrest. Emergency personnel carry the body of a person killed in a fire at a lithium battery factory owned by South Korean battery maker Aricell on June 24, 2024. South Korean President Yoon Suk Yeol ordered the Interior and Safety Ministry and the head of the fire department to “make all-out efforts” to rescue people by “mobilizing all available personnel and equipment.”Parts of the lithium battery factory were burned following a fire in Hwaseong, South Korea on June 24, 2024.

Persons: Kim Jin, Kim, Kim Hong, Yoon Suk Yeol Organizations: South Korea CNN, Fire Department, South, Reuters, Interior, Safety Ministry Locations: Seoul, South Korea, Hwaseong, Gyeonggi Province, South Korean

☆ South Korea plant fire kills 22 people after lithium battery combustion
▼ + stars: | 2024-06-24 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Emergency vehicles are parked next to the site of a fire at a lithium battery factory owned by South Korean battery maker Aricell in Hwaseong on June 24, 2024. At least twenty-two people died after lithium battery combustion ignited a massive fire in a South Korean factory, local officials said, according to NBC News. The blaze erupted at the Aricell battery factory in Hwaseong, a city south of Seoul, around 10:31 a.m. local time, officials said. The plant housed an estimated 35,000 batteries, NBC said. The factory was a reinforced concrete three-story building that sprawled over roughly 2,300 square meters and housed an estimated 35,000 batteries, according to South Korean news agency Yonhap.

Persons: Kim Jin, Young, Lee Sang, Yoon Suk, yeol Organizations: South, NBC News, Reuters, Authorities, CNBC, NBC, Hwasong Fire Department, Associated Press, Fire Agency, Korea's, Central Disaster, Headquarters, South Korean Ministry of Public Administration, Security Locations: South Korean, Hwaseong, Seoul, South

☆ After Escaping China by Sea, a Dissident Faces His Next Act
▼ + stars: | 2024-06-23 | by ( John Yoon | ) www.nytimes.com time to read: +1 min

The dissident’s lone regret after his 200-mile escape across the Yellow Sea was not taking night vision goggles. Nearing the end of his jet ski journey out of China last summer, Kwon Pyong peered through the darkness off the South Korean coast. As he approached the shore, sea gulls appeared to bob as if floating. “I had everything — sunscreen, backup batteries, a knife to cut buoy lines,” he recalled in an interview. In response, he said, he faced an exit ban and years of detention, prison and surveillance.

Persons: Kwon, ” Organizations: Communist Party Locations: China, Korean, South Korea

☆ Parts of Israel's Iron Dome would be overwhelmed in a full-blown war with Hezbollah, US official says
▼ + stars: | 2024-06-21 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

A US official told CNN that parts of Israel's Iron Dome would be overwhelmed in the event of a war. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHezbollah would overwhelm at least some of Israel's Iron Dome batteries in the event of a full-blown war, a US official told CNN. The unnamed senior administration official said that, according to their assessments, at least some Iron Dome batteries would be "overwhelmed."

Persons: — Organizations: CNN, Service, Business Locations: Israel

☆ US signals that it has expanded policy to allow Ukraine to counterstrike into Russia
▼ + stars: | 2024-06-20 | by ( Haley Britzky | Natasha Bertrand | ) edition.cnn.com time to read: +4 min

CNN —The US appears to have expanded its agreement with Ukraine to strike over the border inside Russian territory wherever Russian forces are engaging in cross-border attacks into Ukraine, not just in the Kharkiv region as was previously determined. National Security Adviser Jake Sullivan told PBS News on Monday that the agreement with Ukraine to fire into Russia extends wherever Russian forces are attempting to invade. “It extends to anywhere that Russian forces are coming across the border from the Russian side to the Ukrainian side to try to take additional Ukrainian territory,” Sullivan said, adding that it’s “not about geography. The change marks a significant shift in the limited nature of the agreement between the US and Ukraine. “Russia opened a new front, they opened the front in the north in Kharkiv, where they’re attacking directly from Russian territory just over the border.

Persons: Jake Sullivan, ” Sullivan, Charlie Dietz, ” Dietz, Joe Biden, there’s, Jens Stoltenberg, Ukraine “, ” Stoltenberg, I’ll, ”, There’s, John Kirby Organizations: CNN, National, PBS, Pentagon, US Defense Department, NATO, National Security Locations: Ukraine, Kharkiv, Russia, Brussels, ”, Russian

Friedrich Zoneaire Portable Air Conditioner (ZCP12DB) The dual-hose Friedrich Zoneaire Portable Air Conditioner did the best job cooling and was the quietest portable air conditioner we tested. Our review of the Friedrich portable air conditionerThe Friedrich Zoneaire has intuitive onboard controls, and pairs to an app for remote access. However, even the best portable air conditioner doesn't compare to your typical window air conditioner when it comes to energy efficiency. The top pick in our best portable air conditioner guide is the LG Dual Inverter Smart WiFi Portable Air Conditioner (LP1419IVSM). If a window air conditioner sounds appealing, get buying advice from our best air conditioner guide.

Persons: Friedrich, Friedrich Zoneaire, James Brains, cranking, I'd, Friedrich Zoneaire —, Friedrich AC doesn't, Friedrich Chill Premier Organizations: Business, Madison, ARC, Friedrich, isn't Energy, Amazon Alexa, LG, Friedrich Chill, Friedrich Chill Premier Air

CNN —US officials have serious concerns that in the event of a full-blown war between Israel and Hezbollah, the Iran-backed militant group could overwhelm Israel’s air defenses in the north — including the much-vaunted Iron Dome air defense system, three US officials told CNN. Israeli officials have told the US they are planning to shift resources from southern Gaza to northern Israel in preparation for a possible offensive against the group, US officials told CNN on Wednesday. “We assess that at least some” Iron Dome batteries “will be overwhelmed,” said a senior administration official. Earlier this month, Hezbollah released a video purporting to show a drone striking and damaging an Iron Dome battery on an army base in northern Israel. The Iron Dome is fundamental to Israel’s defense and the US government has spent over $2.9 billion on the program, according to the Congressional Research Service.

Persons: “, ”, “ We’re, Amos Hochstein, Hochstein, Israel, Israel ‘, Antony Blinken’s, Yoav Gallant, Hassan Nasrallah, Nasrallah, Assad Organizations: CNN, Hezbollah, Congressional Research Service, Israel Defense Forces, Islamic, Biden, US, IDF, Hamas, Israeli, Command, Radwan Force, Rocket Locations: Israel, Iran, Lebanon, Gaza, Lebanese, Jerusalem, Beirut, Rafah, ”, Cyprus, Syria

In 2023, Texas led the nation in solar installations on its power grid, surpassing California for its second consecutive year. Explosive power demand poses a challenge to the Biden administration's goal of converting the U.S. power grid to 100% clean electricity by 2035. Nextracker is a leading U.S. solar firm, building systems that allow panels to track to the position of the sun, improving the efficiency of solar power plants. Shugar pointed to the massive number of renewable projects in the U.S. seeking connection to the power grid. But as energy demand increases, the value of each additional hour should rise, eventually making longer duration batteries more cost effective, he said.

Persons: Brandon Bell, Andrés Gluski, Joseph Rand, We've, Kelley, Wells, Goldman Sachs, Biden, Ryan Sweezey, Wood Mackenzie, Richard Kinder, Kinder Morgan, Kinder, Amin Nasser, Nasser, Shugar, Lawrence, Lazard, Nextracker's Shugar, Lawrence Berkeley, Amol Phadke, Rand, Sweezey, Reid Ramdathsingh, Ramdathsingh, Fluence, John Zahurancik, Zahurancik, it's, Zahuranick Organizations: Getty, Renewables, Energy Information Administration, Department of Energy, Big Tech, Microsoft, AES Corporation, Google, AES, Meta, UBS, Solar, Lawrence Berkeley National Laboratory, U.S, Tech, North America, DOE, CNBC, University of California Berkeley's Goldman School of Public, Goldman School, Lawrence, Rystad Energy, Siemens Locations: Ector County , Texas, Texas, California, United States, U.S, Wells Fargo, Saudi, Houston, Lawrence Berkeley, Fluence's Americas

Beirut CNN —Israel warned Hezbollah on Tuesday of the prospect of “all-out war” after the Lebanese militant group published a 9-minute video, purportedly taken by a drone, showing Israeli military and civilian locations in several Israeli cities. “In an all-out war, Hezbollah will be destroyed, and Lebanon severely beaten,” he added. Those locations include a number of sensitive areas, including at least two military installations: a base in northern Haifa and the port of Haifa. The drone also flew over the oil tanks that sit north of Haifa, the Haifa airport and several residential areas. Hezbollah has said in the past that it will only stop firing on Israel if Israel stops the war in Gaza.

Persons: Beirut CNN — Israel, Israel Katz, ”, Rafael –, Katz, Hassan, Nasrallah, Wim Zwijnenburg, AlMayadeenNews, Yona Yahav, ” Yahav, ” Ibrahim Mousawi, Israel, Amos Hochstein Organizations: Beirut CNN, Hezbollah, Iron, Israel Defense Forces, CNN, PAX, Reshet Bet, Haifa “, Haifa ”, Northern Command, US Locations: Beirut, Lebanese, Lebanon, Haifa, Israel, Gaza, “, China, India, Iran, Haifa Port

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