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☆ Ukraine says it's new drone can fly 20 miles and is resistant to electronic jamming
▼ + stars: | 2023-11-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Ukraine unveiled a new drone it says can fly far behind enemy lines and is resistant to Russian jamming. The Backfire has a range of 20 miles and features a GPS antenna for navigation, Ukraine says. Both Ukraine and Russia have made advancements in their drone technology as UAVs dominate the war. AdvertisementUkraine has unveiled a new drone, and it says this model can fly far behind enemy lines and resist persistent Russian jamming. That makes Ukraine's new Backfire's potential to block Russian interference so vital, giving Ukraine an edge to fly along and behind enemy lines.

Persons: —, Mykhailo Fedorov, Federov, Ukrainska, Fedorov, Ukrainska Pravda, it's, Ignacio Marin Organizations: Service, Innovation, Science, Technology, Ukrainska Pravda, Anadolu Agency, Getty, Troops Locations: Ukraine, Russia, Donetsk Oblast

☆ Exclusive: This pizza box-sized equipment could be key to Ukraine keeping the lights on this winter
▼ + stars: | 2023-11-21 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +10 min

Officials from multiple US agencies played a quiet role in getting the Cisco equipment into Ukraine, sources say. In this undated photo, an employee at Ukraine’s state-owned grid operator, Ukrenergo, works on the power grid. As the world’s largest maker of computer networking equipment, Cisco had resources to spare. The switch allows an electric substation – which has the crucial task of converting power from high to low voltage – to communicate with other parts of a power grid. Years of Russian attacks on Ukraine’s gridBehind the scenes, US officials are often coordinating the delivery of key technology to Ukraine.

Persons: CNN —, Illia Vitiuk, Biden, Palantir, Ukrenergo, Joe Marshall, intently, Marshall, he’d, ”, ” Marshall, Taras Vasyliv, ” Vasyliv, Andrew Kravchenko, Vasyliv, Ukraine “, ” NERC Organizations: CNN, Engineers, Cisco, US Air Force, Washington, SpaceX, Microsoft, Pentagon, Department of Energy, Department of Commerce, Stanford University, GPS, Cisco’s, Ukrenergo, Bloomberg, Getty, GRU, US Department of Defense, Department of Homeland Security, Department of Locations: Austin , Texas, Ukraine, Russian, Stanford, Russia, Ukrainian, Denver, Ukraine’s, Kyiv, Silicon Valley, Alabama, East Coast, Germany, Rzeszów, Poland, California, ”, North America

☆ Ukraine is thinking more like Silicon Valley to defend itself against Russia's electronic warfare
▼ + stars: | 2023-11-20 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

As a countermeasure, Ukraine has taken several steps to develop new warfare tech. In electronic warfare, jamming technology can be used to disable drones, suppress radar signals, and render GPS-guided missiles useless. AdvertisementBoth countries are engaged in electronic warfare, but Ukraine's capabilities are harder to assess, The Associated Press reported last year. The US has previously expressed concerns that Russia has been deploying jamming technology to reduce the accuracy of American-made smart bombs. The impacts of Russia's electronic warfare have made quickly seeking and developing technological countermeasures a priority for the Ukrainian government.

Persons: —, Mykhailo Fedorov Organizations: Service, Ukraine's Ministry of Digital Transformation, Associated Press, US, Royal United Services Institute, New, Himera Tech Locations: Ukraine, Ukrainian, Russia

☆ Cramer: Diversification is crushing investors this year. Will 2024 be different?
▼ + stars: | 2023-11-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

The stock of Club holding Morgan Stanley (MS) dropped to $70 from $100 before bouncing back to $80 when interest rates recently peaked. Morgan Stanley and Schwab did nothing bad or shameful, but their multiples are shadows of their former selves. At least Morgan Stanley has a nice dividend yield of 4.25%. Key, Huntington, First Horizon, Morgan Stanley and Schwab are all good franchises that are regarded as cheap. The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.

Persons: It's, Huntington Bancshares, Stephen Steinour, Chris Gorman, Bryan Jordan, Morgan Stanley, That's, Charles Schwab, Schwab, We're, Macy's, Albert Bourla, Myers, Meyers, Eli Lilly, let's, Mills, Campbell Soup, WK Kellogg, McCormick, Neutrogena, Johnson, Edwards, Zimmer Biomet, Becton Dickenson, Baxter, BAX, Ford, Hess, Tesla, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dominion, Federal Reserve, Nordstrom, Pfizer, Bristol, Myers, Hostess Brands, Novo Nordisk, PepsiCo, Hershey, Brands, Spice, Johnson, Moderna, American Electric Power, Duke Energy, Motors, JetBlue, EOG Resources, ConocoPhillips, Exxon Mobil, Nvidia, Apple, Federal Trade Commission, CNBC, Santiago, Getty Locations: Huntington, Memphis, Tennessee, Toronto, United States, Celgene, Bristol, New York City

Adrienne Hurst and Sophia Lanman andListen and follow The DailyApple Podcasts | SpotifyThe Space Force, the sixth and newest branch of the U.S. military, was authorized by Congress and signed into law by President Donald Trump in December 2019. The initiative had been shaped within the armed forces and Congress over the previous 25 years, based on the premise that as satellite and space technologies evolved, America’s military organizations had to change as well. From the start, the Space Force had detractors. Positioning and timing satellites, such as GPS (now overseen by the Space Force), allow for digital mapping, navigation, banking and agricultural management. Modern life is reliant on space technologies to an extent that an interruption would create profound economic and social distress.

Persons: Adrienne Hurst, Sophia Lanman, Donald Trump Organizations: Space Force, U.S ., Congress, Air Force, GPS Locations: Eastern Europe, Russia

The S&P 500 (.SPX), the Nasdaq (.IXIC) and the Dow (.DJI) registered their third straight week of gains. For the week, the S&P 500 added 2.2% while the Nasdaq composite rose 2.4% and the Dow climbed 1.9%. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsEnergy, finishing up 2.1%, was the biggest percentage gainer among the 11 major S&P 500 sectors as oil prices settled up more than 4%. The S&P 500 posted 18 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 55 new highs and 97 new lows.

Persons: Michael Barr, Mary Daly, Susan Collins, Robert Phipps, Per Stirling's Phipps, Dow, Jack McIntyre, Brendan McDermid, Russell, Rick Wilmer, Sinéad Carew, Shristi, Maju Samuel, Pooja Desai, David Gregorio Our Organizations: Dow, Nasdaq, Federal, San Francisco Fed, Boston Fed, Applied Materials, U.S . Justice, Stirling, Dow Jones, Brandywine Global, Traders, New York Stock Exchange, REUTERS, Rights Energy, Technology, Microsoft, Ross Stores, Old Navy, ChargePoint Holdings, NYSE, Thomson Locations: U.S, China, Austin Texas, Philadelphia, New York City, New York, Bengaluru

☆ A YouTuber risked taking his Tesla through a 2-day dead zone during a road trip to Alaska
▼ + stars: | 2023-11-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

YouTuber Sandro van Kuijck took his Model X on a road trip to Alaska. AdvertisementA YouTuber took his Tesla on a road trip to Alaska through a 320-mile stretch of remote highway. AdvertisementSandro van Kuijck took his Model X to Alaska for a 9-day trip. Courtesy of Sandro van KuijckDespite his experience with traveling with an EV, van Kuijck said his trip wasn't without some hiccups. Sandro van Kuijck has been living in his Model X for the past year.

Persons: YouTuber Sandro van Kuijck, Van Kuijck, —, Tesla, Sandro van Kuijck, YouTuber, van Kuijck, he'd, Sandro van Kuijck Van Kuijck Organizations: Service, EV, Alcan Locations: Alaska, Oregon

☆ How well-off Brits still buy Ozempic online for weight loss
▼ + stars: | 2023-11-18 | by ( Maggie Fick | ) www.reuters.com time to read: +12 min

NHS diabetes patients – including Gradwell, who went for weeks without full medication – pay nothing for their medication. The shortage persists even after Ozempic's manufacturer Novo Nordisk (NOVOb.CO) launched Wegovy, a semaglutide drug solely for weight loss, in September. Rightangled told Reuters it is within its rights to continue to prescribe Ozempic for weight loss. Two had stopped offering it for weight loss by October, but Rightangled continued to make it available as of Nov. 17, Reuters found. He said his oncologist said that while he could not prescribe Ozempic, it would be good for his health if he took it for weight loss.

Persons: Kim Gradwell, –, John, it's, Rightangled, Gradwell, Penny Ward, I've, Abdullah Sabyah, Ward, Juniper, Ben, Doctors, Novo, Ozempic, semaglutide, prescribers, Rightangled's Sabyah, Tyne wasn't, Gradwell's, Yaasir Mamoojee, We've, Maggie Fick, Marine Strauss, Charlotte Van Campenhout, Chad Terhune, Sara Ledwith, Josephine Mason Organizations: Diabetes, National Health Service, Novo Nordisk, King's College, Department of Health, Social Care, John, Reuters, Oxford University ., NHS, Alliance Healthcare, Alliance, Diabetes UK, NICE, semaglutide, Oxford University, General Pharmaceutical Council, Tyne, Thomson Locations: Dudley , North Tyneside, Britain, Novo, United States, London, U.S, England, Europe, Ozempic, Newcastle, Brussels, Los Angeles

The Gap logo is seen on the front of the company's store in Paris, France, July 1, 2021. If current gains hold, shares will have nearly doubled since late July after the former Mattel (MAT.O) executive was appointed to revive the once sought-after brand. Gap's third-quarter earnings release Thursday showed significant inventory destocking, even as its holiday-season forecast disappointed. However, Gap joined other retailers in sounding a cautious note on spending, heading into the all-important shopping season. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shinjini Ganguli and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Sarah Meyssonnier, Richard Dickson, Dickson, David Swartz, Swartz, Katrina O'Connell, Gap, Ananya Mariam Rajesh, Shinjini Ganguli Organizations: REUTERS, Mattel, Gap's Old Navy, Morningstar, Navy, Walmart, Banana Republic, Thomson Locations: Paris, France, Bengaluru

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2023. The S&P 500 and the Nasdaq rose for the third straight session on Thursday as Treasury yields fell after higher-than-expected weekly jobless claims underscored market expectations that interest rates have peaked. The communication services index (.SPLRCL) led declines among the 11 major S&P 500 sectors, while energy shares (.SPNY) rose 1.1% as oil prices gained. Advancing issues outnumbered decliners by a 2.72-to-1 ratio on the NYSE and by a 1.88-to-1 ratio on the Nasdaq. Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Michael Barr, Mary Daly, Daly, Thomas Hayes, Russell, Rick Wilmer, Shristi Achar, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Nasdaq, Federal Reserve, Treasury, Microsoft, Materials, San Francisco Fed, Great, Capital, Dow, Dow Jones, Old Navy, ChargePoint Holdings, NYSE, Thomson Locations: New York City, U.S, Bengaluru

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2023. The yield on the 10-year Treasury note dropped further to a two-month low on Friday and was last at 4.4082%. Most megacap stocks edged higher in premarket trading, with Amazon.com (AMZN.O) and Nvidia (NVDA.O) up 0.5% and 0.3% respectively. On the economic data front, markets will monitor the housing starts data for October, scheduled for release at 8:30 a.m. ET, Dow e-minis were up 93 points, or 0.27%, S&P 500 e-minis were up 10.75 points, or 0.24%, and Nasdaq 100 e-minis were up 6.5 points, or 0.04%.

Persons: Brendan McDermid, Russell, Mohit Kumar, Austan Goolsbee, Rick Wilmer, Shristi Achar, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, Nvidia, Materials, Jefferies, Chicago Fed, Dow e, Old Navy, ChargePoint Holdings, Thomson Locations: New York City, U.S, Europe, Bengaluru

☆ Gap shares soar on Old Navy brand renewal, controlled inventory
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

Comparable sales at Old Navy rose 1% in the third quarter, the first increase in 10 quarters. "Old Navy gained market share, an encouraging early proof point that work to improve both product assortment and brand messaging" were driving results, Gap Chief Financial Officer Katrina O'Connell said on Thursday following the earnings. Gap's struggles with outdated inventory at its namesake brand and Old Navy had pushed customers to look for newer and fresher styles at rivals like Shein and Amazon.com (AMZN.O). Jefferies analysts said new CEO Richard Dickson's prior experience in reinvigorating brands like Barbie at Mattel (MAT.O) could bring a lift to the Old Navy banner. The apparel maker's executives also alluded to a "longer recovery" time for Banana Republic and Athleta, which has seen "product misfires" and weak "retail execution".

Persons: Sarah Meyssonnier, Katrina O'Connell, Richard Dickson's, Barbie, Ananya Mariam Rajesh, Sriraj Organizations: REUTERS, Old Navy, Walmart, Advisory, Navy, Jefferies, Mattel, Banana Republic, Thomson Locations: Paris, France, trendier, encouragingly, Bengaluru

☆ Gap's closet cleanup begins to pay off
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid Acquire Licensing RightsTORONTO, Nov 17 (Reuters Breakingviews) - Gap’s (GPS.N) new CEO is embarking on a closet cleanup. Shares in the U.S. apparel company leapt over 30% on Friday morning, a day after it unveiled third-quarter results. That reaction looks overdone, considering how overall net sales of $3.8 billion are still down 7% compared to last year, and earnings fell year-on-year. Same-store sales at sub-brand Old Navy for the quarter were up 1% year-on-year, the first quarterly increase in over two years. The company might even use that tailwind to revive its scrapped plans to separate Old Navy into a stand-alone company.

Persons: Brendan McDermid, That’s, Richard Dickson, Barbie, Sharon Lam, John Foley, Aditya Sriwatsav Organizations: REUTERS, Rights TORONTO, Reuters, Navy, Mattel, Banana Republic, X, Walmart, Thomson Locations: midtown Manhattan, New York, U.S, China

☆ Opinion: The strategy that can support Ukraine even if Trump is elected
▼ + stars: | 2023-11-17 | by ( Christopher Good | Fareed Zakaria | ) edition.cnn.com time to read: +5 min

CNN —Between the tragic, ongoing war in Gaza and the Biden-Xi summit, one crucial global crisis is in danger of being forgotten — the war in Ukraine. And this is a terrible time for it to be slipping from public consciousness because Ukraine faces trouble on two fronts. Despite the drones and Starlink connectivity, this is looking like the trench warfare during World War I, which ground on for four years. The second front that is equally worrying is in the West, where support for Ukraine is weakening. An international legal organization and process of adjudicating claims should be established and the funds handled through it.

Persons: Fareed Zakaria, “ Fareed Zakaria, General Valery Zaluzhny, Biden’s, Giorgia Meloni, “, Donald Trump, Vladimir Putin, Trump, Laurence Tribe, Larry Summers, Robert Zoellick, Philip Zelikow, Summers, Zoellick Organizations: CNN, Biden, World Bank, Bank Locations: Gaza, Ukraine, Russia, Kherson, Italian, Moscow, Putin, Switzerland, Belgium, Kyiv, United States

☆ UK's Hunt offers incentives, penalties to get more people into work
▼ + stars: | 2023-11-16 | by ( Andy Bruce | ) www.reuters.com time to read: +3 min

British Chancellor of the Exchequer Jeremy Hunt during Britain's Conservative Party's annual conference in Manchester, Britain, October 2, 2023. The "Back to Work" plan, billed as a way to help people "stay healthy, get off benefits and move into work", will form part of the Autumn Statement that Hunt will present next Wednesday. Anyone choosing to coast on the hard work of taxpayers will lose their benefits," Hunt said of the "Back to Work" plan. "This sort of language just pushes people away – alienating those who could benefit from support, alienating employers and alienating partners like GPs and voluntary services," Wilson said. Labour said Hunt's plan was "more of the same".

Persons: Jeremy Hunt, Toby Melville, Hunt, Tony Wilson, Wilson, Hunt's, Liz Kendall, Andy Bruce, Susan Fenton Organizations: Britain's Conservative, REUTERS, Institute for Employment Studies, Labour Party, Conservative, IES, Labour, Tories, Confederation, Thomson Locations: Manchester, Britain, British

☆ The public sector funded a lot of technological innovation. Economist Mariana Mazzucato says that should be factored into the price consumers pay
▼ + stars: | 2023-11-16 | by ( Mark Licea | ) www.cnbc.com time to read: +2 min

Mazzucato spoke with CNBC about how the public, private and third sector can work together to co-create value and share both risks and rewards. "The whole notion of stakeholder value should have become a real kind of call to arms of how do we create value differently," Mazzucato said. "We need to bring communities, workers, public and private institutions together to create value in a more collective, better way." It created growth, it created profits. Mazzucato said success in the private sector often begins with significant contributions from the public, and wealth distribution should reflect those contributions.

Persons: Mariana Mazzucato, Mazzucato, Siri, you've Organizations: University College London, CNBC, GPS, Consulting Industry

The sign for a Gap store is seen on 5th avenue in midtown Manhattan in New York June 16, 2015. The company expects fourth-quarter net sales to be flat to slightly negative, compared with analysts' expectations for a 0.33% rise, according to LSEG data. Banana Republic and Athleta's sales fell 11% and 18% in the third quarter, while Old Navy, Gap's biggest brand, recorded a 1% decline. Its net sales of $3.78 billion - mainly aided by its Old Navy brand - beat Wall Street expectations of $3.60 billion. Gap reiterated that fiscal 2023 net sales would decline in the mid-single-digit range.

Persons: Brendan McDermid, Richard Dickson, Deborah Weinswig, Weinswig, Zachary Warring, Katrina O’Connell, Ananya Mariam Rajesh, Kate Masters, Devika Syamnath, Matthew Lewis Organizations: REUTERS, Old Navy, Walmart, Banana, Gap's, Republic, Navy, Banana Republic, Thomson Locations: Manhattan, New York, Bengaluru

☆ Israel-Hamas War U.S. and Israel Strike Militias Tied to Iran in Reminder of Risks in Mideast
▼ + stars: | 2023-11-13 | by ( Andrés R. Martínez | ) www.nytimes.com time to read: +6 min

“We need to see the following two things,” Mr. Netanyahu told NBC’s “Meet the Press.” “Gaza has to be demilitarized and Gaza has to be de-radicalized. He said that Israel must maintain security control there “for as long as necessary” and have the ability to enter Gaza at will to deal with perceived threats there. More than 11,000 people have been killed in Gaza since Oct. 7, according to Gazan health officials. “The massacre of Oct. 7 proved once and for all that in every place that Israel does not have security control, terrorism entrenches itself,” Mr. Netanyahu said on Saturday. Mr. Netanyahu, a conservative and Israel’s longest-serving prime minister, has been prosecuting the war amid plummeting approval ratings.

Persons: Benjamin Netanyahu, Israel, Mr, Netanyahu, NBC’s “, ”, “, ” Mr, Netanyahu’s, Biden, Antony J, Blinken, António Guterres, CNN’s “ Fareed Zakaria, Israel’s, Mahmoud Abbas, forthrightly, Israel —, Abbas, ” Nabil Abu Rudeineh, Abu Rudeineh, Wafa Organizations: Israeli Army, Palestinian, Press, Palestinian Authority, Israeli, West Bank, United Nations, “, West Locations: Gaza, Israel, Palestinian, Qatar, Samaria, ”, West Bank, East Jerusalem

☆ Israel sharpens warning to Lebanon as cross-border hostilities spike
▼ + stars: | 2023-11-12 | by ( Dan Williams | ) www.reuters.com time to read: +3 min

The chief Israeli military spokesperson, Rear Admiral Daniel Hagari, described Hezbollah as "the defender of Hamas-ISIS", in reference to the Islamist Palestinian faction whose cross-border rampage against Israel on Oct. 7 sparked a devastating Gaza war. Hezbollah leader Hassan Nasrallah on Saturday described the Israel front as "active". A rocket set off sirens near the Israeli port city of Haifa, 27 km (17 miles) from the Lebanese border, but caused no casualties. Smoke rises as seen from Israel-Lebanon border in northern Israel, November 12, 2023. Residents of villages and towns on the Lebanese border have evacuated southward even as Gaza border communities hit by Hamas emptied, making for some 250,000 internally displaced Israelis.

Persons: Daniel Hagari, Hassan Nasrallah, Israel, Evelyn Hockstein, Rights Israel, Hagari, Antonio Guterres, Fareed Zakaria, Guterres, Maayan Lubell, Crispian Balmer, Giles Elgood Organizations: ISIS, Palestinian, Saturday, Sunday, Lebanese, REUTERS, Rights, IDF, Thomson Locations: Israel, Gaza, Haifa, Lebanese, Lebanon, Beirut, Iran

☆ Netanyahu says he sees no role for the Palestinian Authority in Gaza, for now.
▼ + stars: | 2023-11-12 | by ( Isabel Kershner | More About Isabel Kershner | ) www.nytimes.com time to read: +6 min

“We need to see the following two things,” Mr. Netanyahu told NBC’s “Meet the Press.” “Gaza has to be demilitarized and Gaza has to be de-radicalized. His remarks appeared to be somewhat at odds with the Biden administration, which last week made it clear that there should be no Israeli “re-occupation” of Gaza. More than 11,000 people have been killed in Gaza since Oct. 7, according to Gazan health officials. “The massacre of Oct. 7 proved once and for all that in every place that Israel does not have security control, terrorism entrenches itself,” Mr. Netanyahu said on Saturday. Mr. Netanyahu, a conservative and Israel’s longest-serving prime minister, has been prosecuting the war amid plummeting approval ratings.

☆ What we'd like to see from 3 economic readings and 2 earnings reports next week
▼ + stars: | 2023-11-11 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

The major averages advanced again this week as earnings results came in largely better than expected, interest rates stabilized and oil prices dropped below $80 a barrel. Looking ahead, we'll get a couple more earnings results and some key inflationary data to chew on. In this past week, we bought 150 shares of DuPont (DD) and added 75 shares of Wynn Resorts (WYNN). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, Wynn Resort's, WYNN, we'll, That's, —, we're, it's, PANW, Tyson, Henry Schein, Spero, Sanara, Sara Lee Corp, JD.com, Woodward, Jim Cramer's, Jim Cramer, Jim, Mario Anzuoni Organizations: Nasdaq, Dow Jones, Coterra Energy, Emerson, Disney, PPI, TJX, Palo Alto Networks, DuPont, Wynn Resorts, WYNN, Tyson Foods, TSN, Tower Semiconductor, Partners, Genius Sports, Spero Therapeutics, Star Bulk Carriers Corp, Beauty Health, Asure, Gladstone Capital Corp, TeraWulf Inc, Harrow Health, Afya, Sea, Paysafe Group Holdings, Solar Inc, Aramark Holdings Corp, Lending, Holding, BioXcel Therapeutics, IHS Inc, Rewalk Robotics, Acurx Pharmaceuticals, Energizer Holdings, Power Solutions, Rekor Systems, Wine Estates, Momentus Inc, SIGMA Lithium Corporation, AlTi, QuickLogic Corporation, Arcturus Therapeutics, Dada Nexus, Solutions, Target Corp, Parts, ZIM Integrated Shipping Services, Alto Networks, Cisco Systems, Chemical & Mining Co, PennantPark Investment Corp, Copa Holdings S.A, Walmart, Arcos Dorados Holdings, ARCO, NICE, Body, Warner Music Group Corp, Ross Stores, Homes, Dolby Laboratories Inc, American Software, ESCO Technologies, ZTO, International, BJ's Wholesale, Jim Cramer's Charitable, CNBC, Maxx Locations: Macau, Chile, Cayman, Pasadena , California

☆ Grimes resorted to tracking Elon Musk's private jets in attempt to serve him with custody papers
▼ + stars: | 2023-11-10 | by ( Grace Kay | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

One process server used a jet-tracking to try to serve Elon Musk with the custody papers. AdvertisementAdvertisementA person hired by Grimes' legal team tracked Elon Musk's private jets for days in an attempt to serve him with custody papers, according to court documents obtained by Insider. In Grimes' latest filing, she documented numerous attempts to serve Musk with the custody papers. AdvertisementAdvertisementChristopher Melcher, a California family law attorney and partner at Walzer Melcher, told Insider that the use of jet tracking by the process server was unusual but not unreasonable. In her court papers, Grimes' team said a different process server who had handed her complaint to Musk's security at X was proof enough that she'd served the billionaire.

Persons: Grimes, Musk, —, Claire Boucher, LADD, Jeff Bezos, Taylor Swift, Christopher Melcher, Walzer Melcher, she'd Organizations: Elon Musk, Service, Elon, Musk, Federal Aviation Administration, FAA, PIA Locations: California, Tesla's Texas, Boca Chica , Texas, Texas, San Francisco, Hawthorne , California

REUTERS/Mohammad Ponir Hossain/File photo Acquire Licensing RightsNEW DELHI, Nov 9 (Reuters) - Global fashion retailers including H&M (HMb.ST) and Gap (GPS.N) are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a U.S.-based association representing more than 1,000 brands said. Asked if they would raise purchase prices by the 5-6% that costs will rise, Stephen Lamar, chief executive of the American Apparel & Footwear Association (AAFA), told Reuters: "Absolutely". "We also renew our pleas for the adoption of an annual minimum wage review mechanism so that Bangladeshi workers are not disadvantaged by changing macroeconomic conditions." Low wages have helped Bangladesh build its garment industry, which employs about 4 million people. Retailers in the United States and Europe are the main buyers of Bangladesh-made clothes.

Persons: Mohammad Ponir Hossain, Stephen Lamar, Lamar, Sheikh Hasina, Hasina, Krishna N, Ruma Paul, Miral Organizations: The Civil Engineering, REUTERS, Labour, American Apparel & Footwear Association, Reuters, International Labour Organization, Abercrombie & Fitch, Bangladesh, Retailers, Thomson Locations: Dhaka, Bangladesh, DELHI, U.S, China, Vietnam, Cambodia, United States, Europe

Propaganda videos recently released by Hamas and analyzed by CNN demonstrate how complicated and elaborate the fighting has quickly become. Here’s what we know about the battle for Gaza City. On Monday, an IDF spokesperson told CNN that the Israeli military was moving toward Gaza City, which he said the Israeli military had encircled since reaching Gaza’s coast on Sunday. “(They) first want to isolate Gaza City from the north and the south and concentrate your forces. Smoke rises following an Israeli airstrike in Gaza City on Thursday.

Persons: CNN —, Israel, Yoav Gallant, Gallant, “, ” Gallant, Danny Orbach, ” Orbach, Beit, Ali Jadallah, Mark Hertling, Miri Eisin, –, ” Eisin, Hertling, It’s, ”, Hani Bakhit, Mohammed Salem, ” Volker Türk, ” Israel Organizations: CNN, Hamas, Palestinian Ministry of Health, Israel Defense Forces, Global, Israel’s, IDF, Hebrew University, Getty, UN, United Nations, Human Rights, Human Rights Watch Locations: Gaza, Ramallah, Gaza City, ”, Gaza’s, Beit Hanoun, Jerusalem, Shati, Atatra, Anadolu, Miri, Wadi Gaza, Israel

[1/5] Garment workers come out of a factory during lunch hours at the Ashulia area, outskirts of Dhaka, Bangladesh, November 8, 2023. A panel of factory owners, union leaders and officials agreed to the increase unanimously, said Siddiqur Rahman, the owners' representative. "We continue to recommend that the government of Bangladesh adopt an annual minimum wage review mechanism to keep up with changing macroeconomic factors," the letter said. In addition to the wage increase, the government has said that workers would be given a 5% annual increment. Babul Akter, president of the Bangladesh Garment and Industrial Workers Federation, urged global brands to pay more, saying: "There could be some problems for the owners to cope with the increased salaries."

Persons: Mohammad Ponir Hossain, Siddiqur Rahman, Rahman, Inditex, Hugo Boss, Fazlul Hoque, Hoque, Levi Strauss, Armour, Sheikh Hasina, Akter, Abdus Salam Murshedy, Murshedy, Krishna N, Ruma Paul, Miral Organizations: REUTERS, Rights DHAKA, Reuters, Inc, Knitwear Manufacturers, Association, Labour, Abercrombie & Fitch, Adidas, Puma, Bangladesh Garment and Industrial Workers Federation, Envoy Group, Walmart, Hasina's Awami League, Das, Thomson Locations: Dhaka, Bangladesh, DELHI, China, Zara, Ukraine, New Delhi

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