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☆ Friday’s jobs report will likely determine the size of the Fed’s rate cut
▼ + stars: | 2024-09-05 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

CNN —The US economy appears to be on a knife’s edge, and Friday’s jobs report will be the deciding factor as to the next direction. Economists are expecting that the August report should reaffirm that the labor market is merely cooling versus outright weakening. Inflation had cooled, and the labor market was rolling right along and doing its part to keep consumers spending and the economy churning. Friday’s jobs report should provide further reassurance that the labor market is merely softening and not collapsing, economists predict. “It would be a mistake to define the labor market as being excessively weak at this stage.”Instead, the signals indicate that the labor market has moved from being extremely strong and into better balance, she said.

Persons: ” Tuan Nguyen, —, ” Karin Kimbrough, “, ” Oliver Allen, ” Allen, ”, Andrew Challenger, Nick Bunker, Pantheon’s Allen, Beryl “, Mike Skordeles Organizations: CNN, RSM, Federal, LinkedIn, Labor, Department of Labor, “ Companies, Pantheon Macroeconomics, BLS, Employers, ADP, Challenger, Technology, “, North America, Bank of America Locations: US, Michigan, Texas

☆ Turkmenistan’s flaming ‘Gates of Hell’
▼ + stars: | 2024-08-30 | by ( Joe Yogerst | ) edition.cnn.com time to read: +9 min

Darvaza, Turkmenistan CNN —Rarely does an industrial accident develop into a major tourist attraction. Mysterious originsNo one is quite sure when the gas crater opened, apparently because the Soviet-era reports are missing, incomplete or still confidential. Reaching DarvazaThe gas crater lies a four-hour drive north of Ashgabat, the national capital. Located around a five-minute walk from the crater rim, the camp features yurts with beds and chairs, a shaded dining area and porta-potty/outhouse-style toilets. Garagum lies about a 10-minute walk from the crater rim and even closer to a small rocky mount where visitors can snatch a bird’s-eye-view of the Gates of Hell.

Persons: Hell, Joe Yogerst “, ”, Ged Gillmore, Dylan, wasn’t, George Kourounis, who’s, Kourounis, I’ve, Garagum, “, there’s Organizations: Turkmenistan CNN, Central, Geographic, NASA, futon, CNN Travel Locations: Darvaza, Turkmenistan, Soviet, Central Asian, “, Central Asia, Canadian, Ashgabat, Iwanami_Photos, Bokurdak, Darwaza, porta, Hell

☆ A man was left stranded on a mountain by his colleagues in a work retreat gone wrong
▼ + stars: | 2024-08-29 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewA Colorado man was rescued after getting stranded overnight on a 14,230-foot mountain during a work retreat, local authorities said. Related storiesBy 9 p.m., Chaffee County Search and Rescue South said it had been alerted and activated two teams, a drone pilot, and a helicopter. Chaffee County Search and Rescue South posted this image from the search. Chaffee County Search and Rescue SouthBut just as those groups set out, the man regained cell service and managed to make a 911 call, the search and rescue team wrote. The man told rescuers he'd fallen more than 20 times and ended up in a gully, unable to get up.

Persons: —, Shavano, Danny Andres, he'd Organizations: Service, Business, Employees, Industry Locations: Chaffee County, Chaffee

☆ Ukraine’s march into Russia exposes Putin’s crisis management problem
▼ + stars: | 2024-08-23 | by ( Clare Sebastian | ) edition.cnn.com time to read: +9 min

But his track record of handling recent crises in Russia reveals a different side of his presidential persona: one of paralysis and indecision. Despite a claim of responsibility from ISIS-K, he continued to insist that Ukraine, and the West had played a role. Dmytro Kholod, commander of Ukraine’s “Nightingale” battalion, currently in Kursk, told CNN by phone on Wednesday that he has noticed a shift in the behavior of Russian troops. It is just a strategy for perpetuating war and allowing Russia to wait us all out,” said Ryan. “Now we see that when he’s really presented with a crisis, he’s not a cornered rat, he’s just like an imposter.

Persons: CNN —, Vladimir Putin, Putin, Evgeny Prigozhin, Wagner, ” Putin, Prigozhin, Yan Dobronosov, ”, Boris Bondarev, “, Mick Ryan, Ramzan Kadyrov, don’t, Andrei Belousov, Dmytro Kholod, Ukraine’s “ Nightingale, ” Ryan, he’s, Volodymyr Zelensky, Efrem, Ryan, Bondarev Organizations: CNN, Crocus, Russia’s, ISIS, US, Kyiv, Getty, of Human Rights, ”, Kremlin, Naval, Black, Institute for, Russian MoD, Russia, AP, NATO, Putin Locations: Russia, Russian, Kursk, Ukraine, Crocus City, Moscow, Ukrainian, Sudzha, AFP, Beslan, Kharkiv, Crimea, Kursk Oblast, ”

☆ Ukraine got America's top tank without the latest and greatest armor upgrades, which are 'top secret,' but it's adding its own
▼ + stars: | 2024-08-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +9 min

Read previewUkraine is adding more protection to its US-provided Abrams tanks as it tries to fight back against Russia. The US started sending Abrams tanks to Ukraine in fall 2023, and altogether it has sent 31 of them. But without top armor, Ukraine needs to come up with its own solutions, he said. AdvertisementA Ukrainian tank with an added cage near the Russian border in northern Ukraine in August 2024. That confirmation indicates that the armor on the Abrams tanks, among certain other things, was downgraded prior to delivery.

Persons: —, Abrams, Ukraine didn't, Nicholas Drummond, Hamish de Bretton, Gordon, M1A2 Abrams, Pat Ryder, Charlie Dietz, Bretton, De Bretton, Drummond, ALEXANDER NEMENOV, Volodymyr Zelenksyy, Ryan Pickrell Organizations: Service, Russia, US, Business, British Army, Soviet, Bradley, Nuclear, Getty, Politico, M1A2, Pentagon, BI, Department of Defense, International Institute for Strategic Studies, Abrams, Challenger Locations: Ukraine, Russian, ROMAN, Bakhmut, Soviet, Russia, Khortytsky_wind, AFP, Western

Economists like to say the cure for high prices is high prices. In other words, consumers eventually start to hold back on spending when they are faced with increasing costs. On Monday, the New York Federal Reserve reported that consumers' three-year inflation outlook hit a record low. Many economists credit the Federal Reserve's decision to raise interest rates starting in the spring of 2022 with helping to curb the upswing. It is that last factor that the Federal Reserve is keenly focused on.

Persons: “, Andrew Jassy, Wells Fargo, Mark Hamrick, ” Organizations: of Labor Statistics, Federal Reserve's, New York Federal Reserve, Federal, Fed, BLS, Gallup, Federal Reserve Locations: U.S, York

☆ China’s Extreme Fan Culture Makes Olympic Gold a Mixed Blessing
▼ + stars: | 2024-08-14 | by ( Vivian Wang | ) www.nytimes.com time to read: +1 min

A gold medalist diver’s mother said she was afraid for her daughter to come home after their hometown was swarmed with her supporters. A champion swimmer whose hotel was staked out by admirers disbanded his official fan group and told an interviewer he would rather have performed worse if it meant he would be left alone. After a stellar run at the Paris Olympics, where China tied the United States for the most gold medals, Chinese athletes are now facing a darker side of that success: extreme fans. Celebrities globally have to deal with fans who are sometimes invasive, but in China this phenomenon can be especially intense. Some fans stalk their idols and sell their photos or personal information.

Persons: diver’s Organizations: Paris Olympics Locations: China, United States

☆ Reddit's increased reliance on Google traffic has Wall Street anxious to see if visitors sign up
▼ + stars: | 2024-08-14 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Reddit calls them logged-out users and, based on some industry estimates, they only monetize at about one-third the rate of logged-in users. The number of logged-out users surpassed logged-in users in the fourth quarter, and the gap has since widened. Logged-in users increased 31% in the second quarter to 42 million, while logged-out users increased at a much more robust rate of 74% to 49.2 million. Alan Gould, managing director at Loop Capital, said Google makes up "the vast majority of the logged-out users." By 2025, Reddit's logged-in users could represent an ARPU of $17.60 compared to $5.90 for logged-out users, Black said, based on the firm's estimates.

Persons: Spencer Platt, Tom Wahlin's, Hacker, Wahlin, we're, Lily Ray, Amsive, Ray, Reddit, Alan Gould, Daniel Konstantinovic, Konstantinovic, Benjamin Black, monetization, they'll, Reddit's, Black, Jen Wong, Wong, Steve Huffman, They'll, Huffman Organizations: New York Stock Exchange, Getty, Aer, Google, U.S, Loop, Deutsche Bank, CNBC, AllGear Digital, YouTube Locations: New York City, U.S, Reddit

☆ 3 people killed in fire that destroyed home in small town northeast of Seattle
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +1 min

CONCRETE, Wash. — Three people were killed in a house fire in a rural area northeast of Seattle and authorities are looking for a pickup truck that remains unaccounted for after the blaze, police said. The two-story home was destroyed in the Friday morning fire in the small town of Concrete, the Mount Vernon Police Department said in a statement. The Skagit County Medical Examiner will release the victims’ names after each one is identified. Police said one of the victims was an employee of Skagit County. The town of Concrete is about 96 miles (154 kilometers) northeast of Seattle.

Persons: Vernon Organizations: Mount Vernon Police Department, Police, Skagit County Medical, of Alcohol, Tobacco, Firearms, Authorities, . Police Locations: Seattle, Concrete, Skagit County

☆ Analysis: Musk tries to help Trump halt the Harris surge
▼ + stars: | 2024-08-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Musk agreed with Trump that Harris was a radical leftist and flattered his guest by implying that he was strong and his Democratic opponents were weak. Like, okay, you know, President Trump is like, don’t mess with me.”Musk has already endorsed Trump, and he was leaving no doubt on Monday night that he wants to see him win a second term. Trump may not have been president without Twitter, as his emergence as a political force in 2016 coincided with the site’s heyday. “There is a lot of opposition to people just hearing what President Trump has to say,” Musk said. The Harris campaign was quick to respond, posting a Trump Truth Social post from last year that lambasted Florida Gov.

Persons: Elon Musk, Donald Trump, Kamala Harris, Joe Biden’s, –, Musk, Harris, “, ” Trump, baselessly, Biden, Trump, ” Musk, Kamala, ”, —, Steven Cheung, he’d, Thierry Breton, Cheung, Ron DeSantis Organizations: CNN, Tech, Elon, Democratic, Trump, Republican, Trump —, SpaceX, Twitter, Presidential, ”, Musk Trump, Biden, Florida Gov, Capitol Locations: United States, European, Europe

☆ FDA rejection of MDMA-assisted therapy rattles advocates but doesn’t spell end of psychedelics in medicine, experts say
▼ + stars: | 2024-08-13 | by ( Deidre Mcphillips | Carma Hassan | ) edition.cnn.com time to read: +11 min

The initial application from Lykos presented positive data from two late-stage clinical trials that used MDMA in combination with talk therapy to treat PTSD. The advisers said it was also difficult to parse how much the accompanying talk therapy — an area that the FDA does not regulate — contributed to outcomes. Advocates for the treatment, including some veterans groups, said they were “incredibly disappointed” by the FDA decision. Dozens of clinical trials involving psychedelics are in various stages, and additional scrutiny can help strengthen the findings and build confidence. Psychopharmacology did not allow the study authors to publish a correction with data that excluded findings from one study site, said Allison Feduccia, an author in all three retracted studies.

Persons: Lykos, —, ” Martin Steele, Brett Waters, ”, Rachel Yehuda, “, ‘, Michael Bogenschutz, Yehuda, It’s, Lori Bruce, Psychopharmacology, caressed, “ it’s, Amy Emerson, ” Lykos, Allison Feduccia, Dr, Sanjay Gupta, Brian Barnett, ” Bruce, Nadia Kounang Organizations: CNN, Food and Drug Administration, Lykos Therapeutics, FDA, Veteran Mental Health Leadership Coalition, Hope, Center, Psychedelic Psychotherapy, Mount, Icahn, of Medicine, NYU Langone Center, Psychedelic Medicine, Oxford, NUS, Neuroethics, Interdisciplinary Center, Bioethics, Yale University, ”, Multidisciplinary Association for Psychedelic Studies, Health Canada, Institutional, Board, CNN Health, Cleveland Clinic Locations: Canada, “

☆ Myanmar: Hundreds of fleeing Rohingya reportedly killed in drone strikes as fears mount of ethnic cleansing
▼ + stars: | 2024-08-12 | by ( Avery Schmitz | Helen Regan | ) edition.cnn.com time to read: +9 min

CNN —Renewed fears of ethnic cleansing against the stateless Rohingya Muslim community are mounting after reports that hundreds of people, including women and children, were killed by drone strikes while fleeing violence in Myanmar’s western Rakhine state last week. Witnesses and Rohingya activists told CNN that a series of drone strikes on August 5 hit civilians fleeing fighting and violence in their villages in Maungdaw, northern Rakhine. The displaced families had been waiting to cross the river to Bangladesh at the time of the attack, they said. Forced recruitment of Rohingya men and boys is stoking religious tensions between the Rohingya Muslim and Rakhine Buddhist communities, the report said. “Ethnic Rohingya and Rakhine civilians are bearing the brunt of the atrocities that the Myanmar military and opposition Arakan Army are committing,” said Elaine Pearson, Asia director at Human Rights Watch.

Persons: Rohingya, “, ”, –, …, Orla Murphy, Hasan, Rehman Asad, Mohammad Elias, Elias, ” Elias, Elaine Pearson Organizations: CNN, Arakan Army, AA, Myanmar, United Nations, International Court of Justice, Free Rohingya Coalition, Resource Management, Sans, MSF, “, ” CNN, Bangladesh’s Border Guard Force, Human Rights, Human Rights Watch Locations: Rakhine, Myanmar, Bangladesh, Ma, Maungdaw, Myanmar’s, Muangdaw, Lwin, Rohingya, Cox’s Bazar, Ukhia, Cox's Bazar, “, Buthidaung, Arakan, Asia

☆ Starbucks and activist Elliott met last week to discuss settlement
▼ + stars: | 2024-08-12 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Laxman Narasimhan attends the 2023 TAAF Annual AAPI CEO Dinner at The Pool on September 26, 2023 in New York City. Activist Elliott Management and Starbucks ' board of directors are in settlement talks, according to people familiar with the matter. Elliott and Starbucks' directors met last week to discuss the activist's settlement offer, said the people, who requested anonymity to discuss private matters freely. CNBC's David Faber reported Monday that settlement talks, if successful, could result in Elliott managing partner Jesse Cohn becoming a Starbucks director. Elliott has amassed a Starbucks stake valued at up to $2 billion, CNBC previously reported.

Persons: Laxman Narasimhan, JP Yim, Elliott, CNBC's David Faber, Jesse Cohn, Cohn, Howard Schultz Organizations: Asian American Foundation, Elliott Management, Starbucks, CNBC, Wall Street, Elliott, Texas, Southwest Airlines Locations: New York City, Salesforce, China

☆ Pompeii archaeologists find bodies of man and woman – and their treasure
▼ + stars: | 2024-08-12 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +3 min

Rome CNN —The skeletal remains of a man and a woman have been unearthed in Pompeii, along with a cache of coins and precious jewelry, archaeologists say. Clutched in her hands was a small cache of gold, silver and bronze coins, as well as gold and pearl earrings. “Trapped in the cramped little room, their deaths were caused by the pyroclastic flow that buried them,” the archaeologists said. A large bronze candelabrum was found on the floor. They have provided some of the most important discoveries ever made in the ancient city.

Persons: Gabriel Zuchtriegel Organizations: Rome CNN, IX Locations: Rome, Vesuvius

☆ After Dobbs decision, more women are managing their own abortions
▼ + stars: | 2024-08-11 | by ( Lauren Dunn | Lauren Dunn Is The Executive Editor Of The Nbc News Medical Unit. | ) www.nbcnews.com time to read: +8 min

Most commonly, women use the abortion pills mifepristone and misoprostol. Researchers surveyed 7,000 women ages 15 to 49 and found that in the year before the Dobbs decision, 2.4% reported self-managing abortions. Slightly fewer women used the abortion pills misoprostol and mifepristone. For nearly a decade, she has worked with organizations like SASS — Self-Managed Abortion; Safe & Supported, a global nonprofit that provides information and access to medication abortions. So it can be shared in any state.”Nearly two-thirds of abortions in the U.S. are now medication abortions, according to the Guttmacher Institute.

Persons: Kaniya, “, ”, Dobbs, epidemiologist Lauren Ralph, Dr, Nisha Verma, Verma, Susan Yanow, SASS —, Donald Trump, Roe, Wade, misoprostol, mifepristone, Monica Dragoman, ” Yanow, She’s, aren’t, ” Kaniya Organizations: Guttmacher Institute, NBC News, Reproductive, University of California, JAMA, Society of Family, OB, UCSF, Georgia OB, American College of Obstetricians, Sinai Health, World, Organization Locations: Kentucky, Maryland, San Francisco, Georgia, Atlanta, U.S, New York

☆ 'Heavy lifter' drones could soon solve Mount Everest's trash problem
▼ + stars: | 2024-08-11 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

Sherpas will soon use drones to remove trash from Mount Everest's slopes. Everest's peak has become a massive garbage dump with 50 metric tons of waste annually. Chinese drone manufacturer DJI developed the "heavy lifter" high-altitude drones. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Visitors have left an estimated 50 metric tons of waste on Everest.

Persons: Sherpas, DJI Organizations: Service, Business Locations: Everest's, Nepal

☆ British tourist apologizes after carving initials into an ancient Pompeii home
▼ + stars: | 2024-08-10 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

A British man carved his and his daughters' initials into a home at the Archaeological Park of Pompeii. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA British man defaced a home preserved in time at the Archaeological Park of Pompeii in Italy, where Mount Vesuvius erupted in 79 AD. The engravings included his initials, his daughters' initials, and the date.

Persons: — Organizations: Service, Business Locations: Italy

☆ In New Zealand, Māori are using Indigenous knowledge to combat climate change
▼ + stars: | 2024-08-10 | by ( Alaa Elassar | ) edition.cnn.com time to read: +18 min

It’s that “interconnectedness” that makes Māori ideal stewards of Aotearoa New Zealand, Parkin-Rae says. Whenua (Land)The work at Oaro River is part of a reforestation and predator control project led by Te Rūnanga o Kaikōura, a Māori tribal council in Kaikōura. Thomas Kahu, left, and Wiremu Stone are both descendants of Paikea the whale rider and work for Whale Watch Kaikōura. A Whale Watch Kaikōura boat full of tourists viewing sperm whales off the coast of South Island, New Zealand. Alaa Elassar/CNN“Incorporating te ao Māori (the Māori world) into our work is valuable to all of Aotearoa.

Persons: , New Zealand CNN — Justin Parkin, Rae, Te Waipounamu, Tamati, ” Wikiriwhi, Parkin, Justin Parkin, Alaa Elassar, Ngāti, Ngāi Tahu, “, ”, –, Te, Rawiri, kawau, toto, ā roto, it’s, ” Parkin, Thomas Kahu, Kahu, Tim Clayton, Corbis, ” Kahu, Māori, Wiremu Stone, Takoko, ” Takoko, ” Rangi, Daniel Gaussen, Aoraki Mackenzie, Sanka, ” Gaussen, CNN Mikey Ratahi, ” Ratahi, Gaussen, ” Kaitiaki, Kaikōura, Elassar, tangata whenua, don’t, it’ll Organizations: , New Zealand CNN, New Zealand, CNN, CNN Aotearoa New Zealand’s Ministry, Environment, Aotearoa New Zealand, Rawiri Manawatu, Manawatu, Aotearoa New, Whale Watch, Aotearoa New Zealand’s Department of Conservation, CNN Whale Watch, Conservation International Aotearoa, Pacific Whale Fund, Ocean Initiative, Aoraki, Sky Reserve, Southern, Sky Resource, University of Canterbury, Ministry Locations: , New Zealand, New, Māori, Aotearoa, Alaa, CNN Aotearoa, Ngāi, Aotearoa New, Oaro, Te Rūnanga, Kaikōura, Rūnanga, ” Moana, Aotearoa New Zealand, South Island , New Zealand, wonderment, Mackenzie, Lake Takapō, Mana, Wai, Zealanders, “

☆ Israel's urban warfare tactics in Gaza offer lessons for NATO armies
▼ + stars: | 2024-08-10 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Urban warfare in Gaza has revealed a painful truth for NATO: Many of its armies are ill-prepared for fighting in crowded cities. There is good reason for concern: urban warfare has become a fixture of warfare on a rapidly urbanizing planet, from Fallujah in 2003 to Bakhmut in 2023. Israeli troops and their vehicles have faced challenges operating in sections of Gaza that the Israeli Air Force shattered. The biggest lesson of Gaza is the importance of firepower in urban warfare, according to RUSI. Related storiesFirepower played a decisive role "in determining initiative during the fighting in Gaza," RUSI said.

Persons: RUSI, Jack Watling, Nick Reynolds, Watling, Reynolds, Michael Peck Organizations: Service, NATO, Israel Defense Forces, British Army, Business, Royal United Services Institute, US Army, IDF, Israeli Air Force, Anadolu, Getty, Fighters, Hamas, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Gaza, British, Fallujah, Bakhmut, Israel, Ukraine, Russia, Forbes

October 23 Lebanon Image location Israel Aita al-Shaab Lebanon Image location Israel Aita al-Shaab Lebanon Image location Israel Aita al-Shaab July 13 Lebanon Image location Damaged buildings Israel Aita al-Shaab Lebanon Image location Israel Damaged buildings Aita al-Shaab Lebanon Image location Damaged buildings Israel Aita al-Shaab July 13 Lebanon Image location Damaged buildings Israel Aita al-Shaab Lebanon Image location Israel Damaged buildings Aita al-Shaab Lebanon Image location Damaged buildings Israel Aita al-Shaab Source: Planet LabsIsraeli forces and Hezbollah militants, who are backed by Iran, have been fighting off and on for years. May 23 Lebanon Image location Israel Malkiya Lebanon Israel 0.5 miles Dishon Lebanon Image location Israel Malkiya Lebanon Israel Dishon 0.5 miles Lebanon Image location Israel Malkiya Lebanon Israel Dishon 0.5 miles May 29 Lebanon Image location Israel Burned Area Malkiya Lebanon Israel 0.5 miles Dishon Lebanon Image location Israel Burned Area Malkiya Lebanon Israel Dishon 0.5 miles Lebanon Image location Israel Burned Area Malkiya Lebanon Israel Dishon 0.5 miles May 29 Lebanon Image location Israel Burned Area Malkiya Lebanon Israel 0.5 miles Dishon Lebanon Image location Israel Burned Area Malkiya Lebanon Israel Dishon 0.5 miles Lebanon Image location Israel Burned Area Malkiya Lebanon Israel Dishon 0.5 miles Sources: Planet Labs, OpenStreetMapIt is not only Israel that is burning. Lebanon Beirut Israel killed a Hezbollah commander near Beirut Golan Heights A rocket from Lebanon killed 12 civilians in the Israeli-controlled Golan Heights. Jerusalem Gaza Israel Lebanon Beirut Israel killed a Hezbollah commander near Beirut. Golan Heights A rocket from Lebanon killed 12 civilians in the Israeli-controlled Golan Heights.

Persons: Israel Aita, Corey Scher, Israel, Diego Ibarra Sánchez Organizations: Planet Labs, Hezbollah, CUNY, Lebanon Israel Dishon, Labs, Hamas, The New York Times Locations: Israel, Lebanon, Lebanon Golan, Lebanon Israel Golan, Aita, Iran, Gaza, Lebanon Israel, Syria Majdal Shams Israel Lebanon, Galilee Haifa Lebanon, Area Israel Syria, Galilee Haifa Nazareth Jordan, Detections, Golan, Beirut’s, Lebanon Beirut Israel, Beirut Golan, Jerusalem Gaza Israel Lebanon Beirut Israel, Beirut, Jerusalem Gaza Israel Lebanon's, Lebanese, Yarine

☆ Warner Bros. Discovery signals rapid deterioration of television business, sending stock plummeting
▼ + stars: | 2024-08-08 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

It’s a reflection of how quickly the traditional television business is deteriorating and imperiling companies such as WBD, which rely on linear channels for the bulk of their revenue. The one bright spot in the legacy television business has been live sports programming, which continues to draw high viewership even as cable cancelations mount. To be fair, WBD is not the only once-high flying legacy media behemoth struggling to find its footing in a shifting landscape upended by the Netflixrevolution. Speaking candidly to investors on the company’s earnings call Wednesday, Zaslav acknowledged the dire reality of the television business. “It’s fair to say that even two years ago, market valuations and prevailing conditions for legacy media companies were quite different than they are today,” Zaslav said.

Persons: New York CNN — David Zaslav, WBD, ” WBD, Shari Redstone, David Ellison’s Skydance, Zaslav, “, ” Zaslav, Gunnar Wiedenfels, ” Wiedenfels, we’ve, shouldn’t Organizations: New, New York CNN, Warner Bros, Discovery, CNN, HGTV, TNT, TBS, NBA, . Paramount Global Locations: New York, U.S

☆ Bangladesh PM Sheikh Hasina flees, army says interim government to be formed
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: +2 min

Prime Minister Sheikh Hasina addresses the media at a vandalized metro station in Mirpur, after the anti-quota protests. Bangladesh Prime Minister Sheikh Hasina resigned and fled the country on Monday after hundreds of people were killed in a crackdown on demonstrations that began as protests against job quotas and swelled into a movement demanding her ouster. Hasina was "so disappointed that after all her hard work, for a minority to rise up against her," Joy said. Earlier, army chief General Waker-Uz-Zaman announced Hasina's resignation in a televised address to the nation and said an interim government would be formed. "The country is going through a revolutionary period," said Zaman, 58, who had taken over as army chief only on June 23.

Persons: Sheikh Hasina, Hasina's, Sheikh Mujibur Rahman, Hasina, Sajeeb Wazed Joy, Joy, General Waker, Zaman, Mohammed Shahabuddin Organizations: Bangladesh, BBC, Service, Awami League Locations: Mirpur, Dhaka

☆ A second Iranian attack on Israel would likely dwarf its first
▼ + stars: | 2024-08-06 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

Read previewIran has repeatedly vowed it will attack Israel in response to the assassination of Hamas' political leader in Tehran on July 31. Iran directly attacked Israel for the first time in April, two weeks after Israel assassinated Iranian paramilitary commanders at an Iranian consulate annex in Damascus, Syria. AdvertisementHow Israel would retaliate for any Iranian attack would likely depend on certain factors. "If the coming Iranian attack causes Israeli casualties, they are likely to want to respond harshly," Azizi said. Devine believes Israel's response will depend on the "amount of damage and casualties" any Iranian attack ultimately causes.

Persons: —, Israel, Israel's, Fuad Shukr, Ismail Haniyeh, Antony Blinken, Arash Azizi, Azizi, what's, James Devine, Mount Allison University, Devine, MENAHEM KAHANA, Marwan Naamani, Ain, Washington Institute's Nadimi Organizations: Service, Business, Sunday, Clemson University, Iran's, National Security Council, Department of Politics, Relations, Mount Allison, Getty, Washington Institute for Near East, Tel, Hezbollah, Ain al Asad, IDF, Washington Locations: Iran, Tehran, Lebanon, Beirut, Israel, Iranian, Damascus, Syria, Britain, France, Jordan, Iraq's, Karbala, US, AFP, Yemen, Iraq, Tel Aviv, Lebanese, Ain al

☆ In photos: Petra Basnakova’s journey with the Palestinian Bedouin
▼ + stars: | 2024-08-06 | by ( Yahya Salem | ) edition.cnn.com time to read: +8 min

CNN —Slovakian photographer Petra Basnakova made a series of remarkable and personally transformative discoveries during her three-year-long journey among Palestinian Bedouin families. Petra BasnakovaIn the foreground, the Bedouin community of Jabar Al-Bab; behind it, the Israeli settlement of Ma'ale Adumim. In her book, Basnakova reminisces over a serene Ramadan night when Nadia, a Bedouin matron and a prominent figure in Basnakova’s journey, thanked her for being a bridge of empathy between Palestinian Bedouin and the rest of the world. And by everything, I mean they have hope that one day they will be finally free.”Nawal is part of the Rashayda Bedouin community near Jericho. Petra Basnakova

Persons: Petra Basnakova, ” Basnakova, “ I’ve, “, ”, Nabi Musa, Petra Basnakova Basnakova, —, Basnakova, Besnakova, Nadia, Petra, Ma'ale Adumim, lazing, Nawal, Nawal's, Al, Petra Basnakova Issa Mohammad Jamal Organizations: CNN, United Nations, West Bank, ” Locations: Slovakian, Sand, Jerusalem, Europe, Nabi, Petra, Negev, Gaza, Israel, Jericho, Jabar Al, Ma'ale, Palestine, Palestinian, Jabal Al, Jabal

☆ Starboard pushes Autodesk board to weigh CEO change, cost cuts
▼ + stars: | 2024-08-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Activist investor Starboard Value has been engaging with the board of Autodesk , continuing its push to improve the company's operations and financial performance, according to a presentation viewed by CNBC. Starboard wants Autodesk's board to reassess whether CEO Andrew Anagnost, who has helmed the software maker for seven years, is the right person to lead the company forward, according to the presentation. The activist investor has shared the presentation's findings with Autodesk's board in recent weeks, after disclosing a $500 million stake in the company earlier this year. Starboard is also pushing for cost cuts and a realigned executive compensation plan, all of which it believes can drive margin improvement of up to 1,000 basis points. But Starboard has shown no signs of relenting, continuing to press the company and shareholders for change.

Persons: Andrew Anagnost, Anagnost, Dow Jones, Deborah Clifford, Jeff Smith Organizations: Autodesk, CNBC, GoDaddy Locations: Delaware, Salesforce

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