DIRS.INFO The most relevant business & tech news

☆ Here's where Wall Street strategists see the stock market headed next after a brutal September
▼ + stars: | 2023-10-04 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Stocks are coming off a brutal two-month stretch, and Wall Street is divided on what comes next. NEW LOOK 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 . AdvertisementAdvertisementThe stock market is coming off back-to-back rocky months, and Wall Street is split on what could be coming next for investors. And Jeff Gundlach, the billionaire founder of DoubleLine Capital, said Tuesday that Treasury yields suggest it's time to start worrying about a severe downturn.

Persons: Stocks, Fundstrat, —, Quincy Krosby, Jay Woods, Woods, jitters, Kevin McCarthy, Gene Goldman, Goldman, Tom Lee, Lee, Marko Kolanovic, Jeff Gundlach Organizations: JPMorgan, Service, Dow Jones, Nasdaq, Freedom Capital, Treasury, Cetera Investment Management, CNBC, DoubleLine

We are buying 50 shares of Starbucks (SBUX), at roughly $90 apiece. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 800 shares of SBUX, increasing its weighting in the portfolio to 2.62% from 2.46%. That's why we're adding to our position in Starbucks . One name we're warming to is Advanced Micro Devices (AMD), which we're adding to the Club's Bullpen . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, it's, we've, Nvidia, Goldman, Lisa Su, Su, Jim Cramer, Jim Organizations: Starbucks, SBUX, System, Devices, Broadcom, AMD, Goldman Sachs Communacopia Technology, CNBC Locations: Starbucks, China

☆ Something is breaking in financial markets — Here's what's behind the sell-off
▼ + stars: | 2023-10-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

Brendan McDermid | ReutersThat cracking sound in financial markets isn't the typical kind of break, where one asset class or another fractures and gives way. "The cost of capital is going up, companies are going to have to refinance at a higher rate." That sentiment was buttressed this week, when at least four central bank officials either endorsed hikes or indicated that higher rates would be staying in place for an extended period. Consumers, for one, are feeling the squeeze of higher rates on everything from mortgages to credit cards to personal loans. "Now, at some point, my guess is that markets will eventually get to cheap enough levels where you'll bring buyers in.

Persons: Brendan McDermid, Quincy Krosby, Krosby, Larry McDonald, Treasurys, McDonald, It's, Joseph LaVorgna, LaVorgna, Donald Trump, I've Organizations: New York Stock Exchange, Federal Reserve, Treasury, LPL, Labor Department, Wall, P Bank ETF, Congressional, Treasury Department, The, White House, National Economic Council, Nikko Securities Locations: New York City, Washington, U.S

☆ 'They're just meat': Russia deploys punishment battalions in echo of Stalin
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +12 min

"Storm fighters, they're just meat," said one regular soldier from army unit no. He said he didn't know why the commander gave the order, but claimed that it typified how Storm-Z fighters were considered of lesser value than ordinary troops by officers. Three of the five Storm-Z fighters interviewed by Reuters, and the relatives of three other Storm-Z fighters, described nightmarish engagements that saw much of their squads wiped out. At a televised meeting with a small group of regular Russian servicemen, he said he was aware that two of their comrades, former prison inmates, had been killed in action. Three Storm-Z fighters said they were offered wages of about 200,000 roubles ($2,000) per month, though said they had been paid roughly half that amount, on average.

Persons: Polina Nikolskaya, Maria Tsvetkova, who've, Wagner, Reuters wasn't, Yevgeny Prigozhin, Vladimir Putin, Putin, Josef Stalin, Artyom, Shchikin, Vladimir Rogov, Rogov, Shchikin's, Z, Igor, they'd, we've, Christian Lowe, Pravin Organizations: REUTERS, REUTERS Acquire, Maria Tsvetkova LONDON, Convicts, Storm, Reuters, Kremlin, 237th, Intelligence Team, Institute for, Red Army, 291st Guards, Rifle Regiment, 291st, Thomson Locations: Ukraine, Bakhmut, Russia, Russian, Ukrainian, U.S, Soviet, Mordovia, Zaporizhzhia, Geneva, France, Siberia

This was not a WWE wrestling show, but the 2023 presidential race in Argentina where political outsider Javier Milei is the leading candidate. Argentine presidential candidate Javier Milei for La Libertad Avanza coalition gestures next to Carolina Piparo, candidate for Governor of the Province of Buenos Aires, during a campaign rally in La Plata, Buenos Aires on September 12. Milei is presenting himself as the candidate of renewal – an offer that clearly struck a chord with people in the primary vote. “I’ll vote for Milei because I think he’ll change things,” says Eduardo Murchio, a taxi driver in Argentina’s capital Buenos Aires. A worker receives Argentine peso banknotes in a shop in Buenos Aires on Sept. 26, 2023.

Persons: “, Javier Milei, –, ”, Donald Trump, Jair Bolsonaro, Carolina Piparo, Agustin Marcarian, Trump, Milei, Milei’s, Eduardo Murchio, “ I’m, it’s, Erica Canepa, Milton Friedman –, Javier Marcus, Marcus, dollarizing, Bolsonaro, Teresa Fria, Pope Francis, Pope, Satan ”, “ Pope Francis, Emiliano Lasalvia, Patricia Bullrich, Sergio Massa, Massa, Cristina Fernandez de Kirchner, Bullrich, Anita Pouchard Serra, Claudio Jacquelin, Facundo Nejamkis Organizations: CNN, WWE, Argentine, La Libertad, National Institute of Statistics, Reuters, Bloomberg, Getty, Rosario National University, Trump, Catholic, CIA, Milei, Unity, Homeland, La, Español Locations: Argentina, Mar del Plata, Argentine, Carolina, Province of Buenos Aires, La Plata, Buenos Aires, Latin America, Ecuador, El Salvador, Panama, AFP, Argentina's

☆ Linda Yaccarino was blindsided by Elon Musk's tweet announcing he had found a new Twitter CEO, and had to leave a meeting to tell her boss she was joining Twitter
▼ + stars: | 2023-09-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk's tweet announcing he had found a new Twitter CEO came as a surprise to Linda Yaccarino. The then-NBC executive had to rush out of a meeting to explain the situation to her boss, the FT reported. AdvertisementAdvertisementLinda Yaccarino's reign as Twitter boss got off to a chaotic start after she was blindsided by Elon Musk's tweet announcing he had found a new CEO, according to a new report. — Elon Musk (@elonmusk) May 11, 2023Cavanagh accepted her explanation, but decided to release a statement announcing Yaccarino's departure the next day. The chaotic announcement was the first taste of what Yaccarino could expect as CEO of Twitter, which Musk renamed X in a surprise rebrand soon after she joined.

Persons: Elon Musk's, Linda Yaccarino, —, Linda Yaccarino's, Yaccarino, Musk, Michael Cavanagh, I’ve, Elon, Cavanagh Organizations: Twitter, NBC, Cuban, Service, Financial Times, Comcast, Financial

☆ Carnage in the bond market again with benchmark ETF down 10% on year to lowest since 2011
▼ + stars: | 2023-09-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Treasury yields are spiking to levels not seen in over 15 years, causing sell-offs in many of the market's biggest bond funds. The iShares 20+ Year Treasury Bond ETF (TLT) closed at $89.18 on Monday, which was its lowest close since Feb. 10, 2011, according to FactSet. The Fed's target interest rate is already above 5%, as are short-term Treasury yields. But the long-term decline in bond yields began roughly two decades before that. That trend may finally have reached its turning point, Jim Grant, founder of Grant's Interest Rate Observer, said Tuesday on CNBC's " Squawk Box ."

Persons: Bruno Braizinha, Braizinha, Goldman Sachs, Cecilia Mariotti, Mariotti, Ajay Rajadhyaksha, Jonathan Krinsky, Jim Grant, Grant, BTIG's Krinsky Organizations: Treasury Bond ETF, iShares, Aggregate Bond, Treasury, Bank of America, Barclays, Federal

☆ Opinion: Ukraine’s bumpy road ahead just got rockier
▼ + stars: | 2023-09-26 | by ( David A. Andelman | ) edition.cnn.com time to read: +8 min

David A. Andelman David AndelmanThat is the clearest and most present danger to the security of Europe and the entire Western alliance. Fissures are appearing across the hitherto united Western front that can only be sending shivers of joy up Putin’s spine. Putin quite rightly appreciated the stakes — and the opportunity — when he first launched his heartless blockade of Ukraine’s grain, grain that helps feed not only Europe but also vast stretches of Africa now plunged into the threat of devastating hunger. Ukrainian President Volodymyr Zelensky addresses the UN General Assembly last week in New York City. The EU is weighing up a mammoth four-year, 20 billion euro ($21.3 billion) fund to finance weapons purchases for Ukraine.

Persons: David A, David Andelman, Vladimir Putin, shivers, Putin, Hungary —, Volodymyr Zelensky, Bryan R, Smith, hasn’t, ”, Mateusz Morawiecki, Andrzej Duda, Robert Fico, Fico, Olaf Scholz, —, Mitch McConnell, “, ” Robert I, Harvard Kennedy Organizations: CNN, French Legion of, The New York Times, CBS News, America, Republicans, NATO, European Union, UN, Assembly, Getty, Smer Party, ”, World Trade Organization, Ukraine, North, Times, Harvard Kennedy School’s Locations: Ukraine, Europe, Africa, Poland, Slovakia, Bialobrzegi, Warsaw, Hungary, New York City, AFP, New York, Moscow, ” Polish, Banovce nad Bebravou, ” Ukraine, EU, Russia, North Korea, Zelensky, London, America, China, ” China

☆ Why Does the Republican Field All Sound the Same? - The New York Times
▼ + stars: | 2023-09-17 | by ( Katherine Miller | ) www.nytimes.com time to read: +3 min

If we don’t control the border, it might not be our country, Mr. Scott said. We will repel the intrusion with force, Mr. DeSantis said. “I’m sick and tired of being sick and tired watching the weaponization of the D.O.J. “You’re going to have housecleaning at the Department of Justice,” Mr. DeSantis said. It can be hard to remember what made Mr. Trump distinct eight years ago, because it has become the texture of our lives.

Persons: Wallace, Wells, Ramaswamy, DeSantis, Tim Scott, Scott, “, nobody’s, Mr, ” Mr, Joe Biden, Merrick Garland, Christopher Wray, “ You’re, ”, Darius Rucker’s, Trump, naïve, it’s, Iowa’s Organizations: Department of Justice, Bush Republican Party, Disney, Republican, Justice Department Locations: Iowa, New Hampshire

The heat is about to be turned up on fossil fuels, the United States and President Joe Biden. It features a special U.N. summit and a week of protests and talk-heavy events involving leaders from business, health, politics and the arts. Guterres has repeatedly aimed his criticism at fossil fuels, calling them “incompatible with human survival.” He and scientific reports out of the United Nations have emphasized that the only way to curb warming and meet international goals is to “phase out” fossil fuels. “We know the use of fossil fuels is the main cause of the climate crisis, coal, oil and gas,” Hart said Friday. “We need to accelerate the global transition away from fossil fuels.

Persons: Joe Biden, — William —, ”, Jean Su, Antonio Guterres, won’t, Biden, Guterres, ” Su, Bill Hare, he’s, Hare, Mohamed Adow, “ We’ve, Selwin Hart, ” Hart, Thomas Pyle, Brandon Wu, Su, Seth Borenstein Organizations: United Nations, General Assembly, Center for Biological Diversity, Ambition, United Arab, International Energy Agency, American Energy Alliance, Environmental, United, Biden, ActionAid USA, Twitter, AP Locations: United States, China, United Kingdom, Russia, France, New York, Dubai, United Arab Emirates, Paris, Canada, Australia, Norway, America

☆ The same family of bears won't stop wrecking trail cameras — and have been caught in the act 5 times on video
▼ + stars: | 2023-09-16 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

The same family of black bears in Voyageurs National Park won't stop messing with trail cameras. The Voyageurs Wolf Project said the bears have attacked their cameras five times in the past year. The family has been caught on video messing with trail cameras at a remote beaver pond on five separate occasions over the past year. Thomas Gable, project lead at the Voyageurs Wolf Project, told Insider bears have both knocked over and actually destroyed their trail cameras. "That said, we have had many trail cameras that bears have completely destroyed by chewing on them."

Persons: —, deviants, Thomas Gable, Gable, it's, Blair Wolf Organizations: Voyageurs, Voyageurs Wolf Project, Service, Minnesota's Voyageurs National, Voyageurs Wolf, University of Minnesota, Facebook Locations: Wall, Silicon

☆ Opinion | How to Support Ukraine Beyond the Next Election
▼ + stars: | 2023-09-15 | by ( The Editorial Board | ) www.nytimes.com time to read: +1 min

A heated and sometimes nasty debate is raging over how to end the war in Ukraine, intensified by the less-than-hoped-for advances of the Ukrainian counteroffensive and shifting American support for continuing aid to the country. A CNN survey released on Aug. 4 found that among liberals, 69 percent back more funding, but only 31 percent among conservatives do. That gives Russia a strong incentive not to negotiate until after the 2024 election. Mr. Putin, who chose to wage this war, could end it today simply by calling back his troops. Yet he continues his claim to nearly a fifth of Ukraine’s territory and has shown no interest in a cease-fire.

Persons: Vladimir Putin, Donald Trump’s, Putin Organizations: CNN, Russia Locations: Ukraine, Russia, United States

☆ Disney-Charter Feud Portends Carnage in Cable TV. ‘The Market’s Been Warned.’
▼ + stars: | 2023-09-13 | by ( Robbie Whelan | Isabella Simonetti | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/disney-charter-feud-portends-carnage-in-cable-tv-the-markets-been-warned-28de4f29

Persons: Dow Jones

While breezy bitcoin has bounced back, leaping by about 55% this year, investments in crypto startups have dropped for the fifth straight quarter. VC crypto bets totaled just under $2.3 billion in April-July this year, the lowest quarterly level for over three years, according to data firm PitchBook. In the first half of 2023, investments were down by almost three-quarters from a year ago to $5 billion. Those that are raising capital now are probably doing it because they have to," said Adam Reeds, CEO of Toronto-based crypto finance company Ledn. VC crypto investments have correlated with crypto asset prices with a lag of roughly three to six months, according to PitchBook, and if current trends continue, VC investment would rise during the second half of 2023.

Persons: Dado Ruvic, Tal Elyashiv, Crypto, Cameron Peake, Adam Reeds, Alyse Killeen, Medha Singh, Lisa Pauline Mattackal, Tom Wilson, Pravin Organizations: REUTERS, Arrows Capital, Restive Ventures, LayerZero, Thomson, Reuters Locations: Toronto, Bengaluru

Mykola Honchar lives in a crumbling stone house in what is left of a tiny hamlet of eastern Ukraine. The town was attacked by Russian forces in June of last year, as the Wagner mercenary forces were spearheading a renewed offensive. Even before the Kremlin set Wagner loose to wreak havoc in Ukraine, the Russian campaign was notable for its brutality. But from the moment Wagner forces entered the war in April 2022, they earned a special reputation for bloodlust from civilians and soldiers alike. To Mr. Honchar, the death this week of Wagner’s leader, Yevgeny V. Prigozhin, responsible for so much carnage in the war, would be fitting — a violent end to a violent life.

Persons: Mykola Honchar, Wagner, Honchar, Yevgeny V, Prigozhin Locations: Ukraine, Russian

But in advance of this debate, I did go back and watch the 2015 Republican debate. michelle cottleOK. I’m going to jump in here with the message may be great, but the messenger was absolutely atrocious. But I thought it was really, really interesting. carlos lozadaNo, no, no, but no, here’s what — no, I mean, I’m not inclined to. And then, I’m going to put the interests of Americans first, which is just an America first riff.

Persons: lydia polgreen, ross douhat Bemusement, michelle cottle, polgreen Wow, ross douhat, lydia polgreen Carlos, carlos lozada Darkness, carlos lozada, Mike Pence, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douhat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, you’re, Vivek Ramaswamy, Ramaswamy, Ron DeSantis, Nikki Haley, Pence, carlos lozada That’s, Lydia, Prince, carlos lozada —, Tucker Carlson, Carlos, John Kasich, Scott Walker, Jeb Bush —, Ross, ross, It’s, he’s, Trump, lydia polgreen We’re, ross douhat Punditry, yammering, He’s, Michelle, that’s, — michelle cottle, she’s, She’s, lydia polgreen —, michelle cottle He’s, I’m, Obama, —, Chris Christie, Marco Rubio, Haley, michelle cottle ChatGPT, carlos lozada ChatGPT, ross douhat We’ve, — carlos lozada There’s, Pudding Fingers, DeSantis, unquote, ”, it’s, Christie, Tim Scott —, hasn’t, carlos lozada DeSantis’s, George Soros, — carlos lozada —, I’ve, ross douhat Totally, Donald Trump, — ross, Chris Christie can’t, ross douhat Trump, Tim Scott, Vivek’s, carlos lozada He’ll, — ross douhat, Tucker, Jeffrey Epstein, polgreen, Epstein, Biden, lydia polgreen He’s, They’re, Asa —, carlos lozada It’s, michelle cottle That’s, michelle cottle Oh, we’re, you’re Donald Trump, carlos lozada Well, who’s, Mel Gibson, Anthony Hopkins, Caroline Alexander, — carlos lozada, michelle cottle Aw, ross douhat It’s, David Grann, MOO, we’ve, “ MOO, ” ross, “, somebody’s, michelle cottle I’m Organizations: Indigo, Twitter, lydia polgreen From New York, Trump, Republican Party, Republican, Harvard, Ivy League, Fox, Fox News, Republican National Committee, Biden, Democratic, Trump Republican Party, Iowa Locations: United States of America, lydia polgreen From New, Trump, America, Washington, UN, New Hampshire, Ukraine, Iowa, Florida, Panama, China, Milwaukee, Lydia, There’s

☆ Opinion: The surprise winner of the debate
▼ + stars: | 2023-08-24 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +30 min

CNN —CNN Opinion asked our political contributors to weigh on the first Republican presidential debate of the 2024 season. On Wednesday night, on more than one issue, Haley broke with the old guard in some meaningful ways. Karen Finney: Ron DeSantis falls flatKaren Finney Ralph AlswangeAfter weeks of buildup and reports of serious debate preparation with a top Republican debate coach, this was supposed to be the night that Florida Gov. Instead, DeSantis delivered a flat debate performance devoid of any standout moments, demonstrating why he is the best alternative to former President Donald Trump. Asa Hutchinson in a few instances, not one of the GOP candidates sounded like a serious contender for the White House.

Persons: Nikki Haley, “, Donald Trump, Haley, won’t —, that’s, Trump, Joe Biden’s, Ron DeSantis, Vivek Ramaswamy, Haley’s, Karen Finney, Karen Finney Ralph Alswange, DeSantis, Donald Trump ., MAGA, George Soros, Florida’s, ” Karen Finney, Patrick T, Brown, Patrick, Mike Pence, Ramaswamy’s, Ramaswamy, Pence, “ It’s, ” Ramaswamy, Sophia A, Nelson, ‘ Rich, Richmond ’ Sophia A, Nelson Sophia A, Richmond ”, Oliver Anthony, Sen, Tim Scott of, Margaret Thatcher —, Michelle Obama, ” Scott Jennings, Scott Jennings, Nikki Haley overperforming, Doug Burgum, Asa Hutchison, Chris Christie, unapologetically, George W, Bush, Mitch McConnell, Jill Filipovic, Jill Filipovic Vivek Ramaswamy, G.T . Bynum, Bynum, Ronald Reagan —, —, shamefully, Putin, Nicole Hemmer, Robert Taft, Dwight Eisenhower, Ike, Ronald Reagan, Pat Buchanan, Carolyn T, Robert M, Who, Geoff Duncan, GOP Geoff Duncan CNN, Asa Hutchinson, ” Roxanne Jones, Roxanne Jones, Nikki Haley —, I’ve, Jones, ”, WURD, Kristen Soltis Anderson, Nikki Haley’s, ” Raul A, Reyes, Joe Biden, Biden, Raul A, Jon Gabriel, Jon Gabriel Immigration, I’m, ” DeSantis Organizations: CNN, South Carolina Gov, Republican Party of Trump, Florida Gov, Biden, Republican, Donald Trump . Time, New, New Jersey Gov, Democratic, Trump, GOP, Public Policy Center, Economic, North, Richmond, British, Republican Party, North Dakota Gov, Arkansas Gov, RunSwitch Public Relations, Twitter, Pew Research Center, Internal Revenue Service, Department of Education, Pew, Former South Carolina Gov, Rogers Center, Vanderbilt University, “ Partisans, Conservative, Wednesday, Department of Justice, UN, Former New Jersey Gov, America’s Conservative Party, White House . Florida Gov, ESPN The Magazine, ESPN, New York Daily News, Philadelphia Inquirer, Kristen Soltis Anderson CNN Former South Carolina Gov, America, Reyes CNN, Special Forces, Fox, CNN Town Hall, USA, Gallup, The Arizona Locations: China, Florida, Hawaii, New Jersey, America, Washington , DC, Ukraine, Tim Scott of South Carolina, Georgia, Louisville , Kentucky, millennials, New York, Israel, United States, Tulsa , Oklahoma, Mexico, El Paso, dearer, Arizona, The Arizona Republic

☆ Opinion: Russia’s uneasy neighbors
▼ + stars: | 2023-08-23 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +10 min

“All of Russia’s neighbors are under threat,” he said, “if Ukraine does not prevail.” He will find few who disagree among those neighbors. It’s why Estonian Prime Minister Kaja Kallas, one of the most eloquent proponents of the need to support Ukraine, says Ukraine is Estonia’s own front line. Here, the exterior of Russia’s embassy has become a showcase for the contempt Estonians feel for their former master. As in Estonia, Russia’s 21st century assault on Ukraine brought echoes of Russia’s 20th century subjugation of Latvia. Genuine normalcy, a permanent sense of safety, Russia’s neighbors have discovered, will have to wait until peace returns to a secure Ukraine.

Persons: Frida Ghitis, Latvia CNN —, it’s, Lithuania —, Volodymyr Zelensky, ”, Vladimir, Putin, Raivis, “, It’s, Kaja Kallas, Michal Fludra, Ukraine —, ” Janis Melnikovs, Radio Maria, Melnikovs, there’s, Russia —, Toomas, Margit Raud, Margit, —, Galina Domenikovska, Joe Biden, Donald Trump, Russia’s Organizations: CNN, Washington Post, Politics, Latvia CNN, Frida Ghitis CNN, Estonian, Russian Embassy, Ukraine Independence, NATO, Catholic, Radio, Ukraine, Kremlin, People Fleeing, Authorities, Soviet Army, Twitter Locations: Riga, Latvia, Russia, Ukraine, Moscow, Estonia, Lithuania, Denmark, Netherlands, Soviet Union, Tallinn, Estonian, Finland, Helsinki, People Fleeing Ukraine, Viru, Baltics, Russia’s, Baltic, Republic of Georgia, Crimean

☆ At least 21 civilians killed in central Mali attack - sources
▼ + stars: | 2023-08-19 | by ( ) www.reuters.com time to read: +1 min

BAMAKO, Aug 19 (Reuters) - Gunmen killed at least 21 civilians in an attack on a village in central Mali's insurgency-hit Mopti region on Friday, two local sources said on Saturday. The unidentified assailants struck in the afternoon, targeting the village of Yarou near the town of Bandiagara, the sources said, speaking on condition of anonymity. The toll is heavy between 20 and 30 killed and wounded," one of the sources said by phone. The second source said the reported death toll stood at 21 and included women, while 11 others were wounded. Reporting by Tiemoko Diallo; Writing by Alessandra Prentice; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Tiemoko Diallo, Alessandra Prentice, Alison Williams Organizations: Reuters, Islamic, Thomson Locations: BAMAKO, Yarou, Bandiagara, al Qaeda, Islamic State, Sahel, Mali

☆ These 6 shocking twists show just how bad China's economy is right now, says Bank of America
▼ + stars: | 2023-08-19 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Growth is stagnating, stocks have plummeted, and youth unemployment has spiked. Six numbers sum up the economic carnage, according to Bank of America. Beijing has responded by cutting interest rates – and also stopped publishing unflattering youth unemployment figures in a desperate attempt to pretend everything's OK. The ongoing liquidity crises for real-estate behemoth Country Garden and shadow bank Zhongrong are one potential source of "event risk," he added. Here's six other data points Hartnett picked out that show just how badly the world's second-largest economy is doing right now:

Persons: China's, Michael Hartnett, Hartnett Organizations: Bank of America, Service Locations: Wall, Silicon, Beijing, China

☆ The tech job recession is over
▼ + stars: | 2023-08-16 | by ( Alistair Barr | ) www.businessinsider.com time to read: +2 min

Bernstein tech analysts have been tracking monthly job cuts across the industry. Tech analysts from Bernstein Research have been posting monthly updates on layoffs across the industry for about a year. Their final update, from Monday, showed 4,937 tech job cuts so far in August, based on data from Trueup.io. "The Tech Job Recession is Over," the Bernstein analysts declared in a recent email to clients. Monthly job cuts across the tech industry Bernstein Research, Trueup.ioThank OpenAI and the generative AI boom for limiting the carnage here.

Persons: Bernstein, OpenAI, they're, Ian Wilson Organizations: Tech, Bernstein Research, Nvidia, AWS Locations: Trueup.io

☆ Twists and turns galore in Glasgow showdown
▼ + stars: | 2023-08-05 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

Crow Road, the one categorised climb, will not shred an elite peloton featuring Grand Tour and Classics winners, but once it rolls into Glasgow, battle will truly commence. A 14.3km circuit of the city centre will be tackled 10 times meaning a combined 400 tight corners. "It will be an accumulation of efforts," Van der Poel, who will share the Dutch leadership with Dylan van Baarle, said on Friday. "It's going to be full gas racing," he said, while Philipsen said: "It will be turning, turning, accelerating all the time." Other favourites include two-time Tour de France champion Tadej Pogacar of Slovenia, Denmark's former world champion Mads Pedersen and Poland's Michal Kwiatkowski.

Persons: Fred Wright, Mathieu Van der, Van der Poel, Dylan van Baarle, Van Baarle, Van der, Remco Evenepoel, Jasper Philipsen, Wout van Aert, Evenepoel, Philipsen, Tadej, Mads Pedersen, Poland's Michal Kwiatkowski, Martyn Herman, Christian Radnedge Organizations: GLASGOW, UCI, Montrose, Tour de France, de France, Thomson Locations: Edinburgh, Crow, Glasgow, Grand, Belgian, Slovenia

Police tape lines a sidewalk in front of the Tree of Life synagogue where a vigil was held on Saturday morning to mark one week after the deadly shooting, in Pittsburgh, Pennsylvania, U.S., November 3, 2018. REUTERS/Alan Freed/File PhotoAug 3 (Reuters) - A federal judge was due to formally sentence Robert Bowers to death on Thursday for killing 11 worshippers at Pittsburgh's Tree of Life synagogue in 2018, the deadliest antisemitic attack in U.S. history, the New York Times reported. The sentencing hearing comes a day after a jury unanimously voted for the death penalty after finding Bowers guilty on 63 counts, including 11 counts of obstruction of free exercise of religious beliefs resulting in death. Relatives of Bowers' victims are expected to address Judge Robert Colville during the hearing at the U.S. District Court in Pittsburgh in western Pennsylvania. Bowers will join the 41 other men on federal death row, held in cells near the U.S. government's execution chamber in Terre Haute, Indiana.

Persons: Alan Freed, Robert Bowers, Bowers, Robert Colville, Biden, Jonathan Allen, Daniel Wallis Organizations: REUTERS, New York Times, U.S, Court, U.S . Department of Justice, Thomson Locations: Pittsburgh , Pennsylvania, U.S, Pittsburgh, Pennsylvania, Terre Haute , Indiana, New York

☆ The Korean War ended 70 years ago. Here's how the 'forgotten war' started.
▼ + stars: | 2023-07-28 | by ( Stephen Carlson | Task | ) www.businessinsider.com time to read: +11 min

This began the deployment of Task Force Smith, the first American combat troops to arrive and fight in the Korean War. It was Soviet leader Josef Stalin himself who reluctantly gave the go ahead to North Korean dictator Kim Il-Sung to invade. Task Force Smith suffered its heaviest casualties during the retreat, with enemy machine gun positions hitting them from close range. Crew members give first aid to wounded soldier, during action in the Korean War. After American and UN reinforcements arrived, a counteroffensive drove the North Korean military to the brink of collapse.

Persons: Charles B, Smith, Force Smith, Josef Stalin, Kim Il, Task Force Smith, Gordon Sullivan, Stalin, Mao Zedong, Sung, Adolf Hitler, Dean Acheson, Christmas, Dwight D, Eisenhower Organizations: North Koreans, South, Service, North, Soviet Union, 국군 Republic of Korea Armed Forces, Wikimedia Commons Bombers, US Far East Air Force Command, Royal Australian Air Force, Suwon, KA, Korean Army, US Army, North Korean Communist, Wikimedia, Task Force, Artillery, Army, Wikimedia Commons, Crew, National Archives, Records Administration, Staff, Force, Communist, National Press Club, Armored Forces, Arlington National Cemetery, American, UN, North Korean, Public Locations: Wall, Silicon, Camp Woods, Kumamoto, Japan, Soviet, Korean, 국군 Republic, Pusan, South Korea, Republic of Korea, Osan, Korea, Saipan, United States, Arlington, Tim1965, Pacific, China, Kaesong, U.S, Soviet Union, North Korea, North

☆ Open Championship: Controversial new par-three 17th hole at Royal Liverpool splits opinion
▼ + stars: | 2023-07-20 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

It may be the shortest hole on the course, but Royal Liverpool’s par-three 17th hole is already proving a tall order for some players at the 151st edition of the tournament. When Rory McIlroy lifted the Claret Jug in 2014, the 17th hole was a 458-yard par four. General view across the 17th tee as crowds look on during a practice round prior to The 151st Open at Royal Liverpool Golf Club. Though an opening one-over 72 marked a disappointing start to his latest pursuit of a second major, he did birdie the 17th hole. Herbert’s strong start crumbled after his 17th tee drive skewed left to settle at the bottom of the green’s slope.

Persons: –, Lucas Herbert, ” Herbert, Martin Ebert, ‘, ’, Rory McIlroy, it’s, Stuart Franklin, …, ”, Martin Slumbers, “, Cameron Smith, Andrews, Slumbers ’, “ That’s, ” Smith, There’s, ” England's Oliver Wilson, Glyn Kirk, Billy Foster, caddie, Matt Fitzpatrick, ” Foster, ” Fitzpatrick, Fitzpatrick, Stuart Kerr, Pete Cowen, Brooks Koepka, They’ll, ” Cowen, Cowen, Foster, Cowen’s, Koepka, Pete, Kevin C, Cox, Herbert’s, It’s, ” Jordan Spieth, Jon Rahm –, Spieth, ” England’s Jason Day, “ There’s, Matthew Jordan, ” Jordan Organizations: CNN —, Royal Liverpool, 151st, Royal Liverpool Golf Club, TPC, Royal, St, Getty, coy, May’s, CNN, Oak Hill Country, Merseyside Locations: Augusta, It’s, AFP, , New York

Search resuls for: "Carnage"

25 mentions found