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☆ Venezuela says it arrested 6 foreigners allegedly involved in a plot to kill Maduro
▼ + stars: | 2024-09-15 | 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: +4 min

Cabello said the foreign citizens were part of a CIA-led plot to overthrow the Venezuelan government and kill several members of its leadership. Venezuela’s Electoral Council, which is closely aligned with the Maduro administration, said Maduro won the election with 52% of the vote, but did not provide a detailed breakdown of the results. Opposition activists, however, surprised the government by collecting tally sheets from 80% of the nation’s voting machines. The tally sheets collected by the opposition were published online, and they indicate that Gonzalez won the election with twice as many votes as Maduro. The Maduro administration has previously used Americans imprisoned in Venezuela to gain concessions from the U.S. government.

Persons: Nicolas Maduro, Diosdado Cabello, Cabello, Wilbert Joseph Castañeda Gomez, Gomez, ”, Maduro, Edmundo Gonzalez, Gonzalez, Biden, Alex Saab Organizations: CIA, Navy, The U.S . State Department, U.S, Treasury, Venezuela’s Electoral, U.S ., Saab Locations: Czech, Venezuelan, Afghanistan, Iraq, Colombia, Spain’s, Venezuela, The, U.S, United States, Spain, Venezuela’s, Brazil, Florida

☆ Slain Ugandan Olympian buried with full military honors
▼ + stars: | 2024-09-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

Ugandan Olympic runner Rebecca Cheptegei, who died after allegedly being doused in petrol and set alight by her former partner, was due to be buried on Saturday with full military honors. Three weeks later her former boyfriend, Dickson Ndiema Marangach, allegedly attacked Cheptegei as she returned from church with her two daughters and younger sister in the village of Kinyoro, Kenya police and her family said. “I don’t think I am going to make it,” she told her father while being treated in hospital, he said. Born in eastern Uganda in 1991, she met Marangach during a training visit to Kenya, later moving to the country to pursue her dream of becoming an elite runner. Marangach died a few days after Cheptegei, from burns allegedly sustained during the attack, dividing opinion among the local running community.

Persons: Rebecca Cheptegei, Cheptegei, Dickson Ndiema Marangach, Ferenc Isza, Joseph Cheptegei, ”, “, ” Andrew Kasuku, Marangach, marathoner Viola Cheptoo, Anne Hidalgo Organizations: Paris Olympics, Kenya police, Getty, Reuters, Kenyan, Tirop’s Locations: Kenya, Kinyoro, Budapest, Paris, AFP, Uganda, Thailand, Italy, “ Paris

☆ The US Army put on a sudden show of force out on the far edge of Alaska to send the message it can as Russia and China drill in the Pacific
▼ + stars: | 2024-09-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewThe US Army rapidly deployed weapons and soldiers out to the far tip of Alaska in a sudden show of force. Advertisement11th Airborne Division soldiers orient a Q-53 Radar on Shemya Island on September 13, 2024. Related storiesThe Alaska Air National Guard and the Air Force transported the various weapons and assets. 1st Multi-Domain Task Force soldiers set up communication systems for the M142 High Mobility Artillery Rocket System on Shemya Island on September 12, 2024. Advertisement11th Airborne Division soldiers previously told BI that the difficulties of fighting in the unforgiving Arctic prompt them to adapt and innovate in real time.

Persons: —, Joseph Hilbert, Hilbert, we've, Brandon Vasquez, Brandon Vasquez Hilbert, that's, Charles A, Flynn, Hunter, Vladimir Putin Organizations: Service, US Army, Business, 11th Airborne Division, US Army Pacific, Airborne Division, US, Spc, High Mobility Artillery, Lewis, McChord, Alaska Air National Guard, Air Force, Domain, Force, Artillery, U.S, Army, . Air Force, Hunter, Airborne, Pacific, US Army Pacific's, Pacific Multinational Readiness, Joint Base Elmendorf Locations: Alaska, North, Russia, China, Pacific, Washington, Hawaii, Ukraine, It's, Alaska's, Northern, Shemya, . Alaska, Richardson , Alaska, Europe, Asia, Beijing, Moscow

Ron DeSantis’ administration is once again advising against the mRNA vaccines: this time in the most vulnerable residents. In updated guidance for health care providers released Thursday, the Florida Health Department and state Surgeon General Joseph Ladapo questioned the safety and effectiveness of the mRNA Covid vaccines from Pfizer and Moderna, including for older adults and people with underlying health problems. Dr. Paul Offit, a vaccine expert at Children’s Hospital of Philadelphia, said the Florida surgeon general's guidance is unnecessarily alarming people about the Covid vaccines. "The mRNA vaccines are remarkably safe," he added. The CDC currently recommends everyone ages 6 months and older get an updated Covid vaccine this fall from any of the three options.

Persons: Ron DeSantis ’, Joseph Ladapo, Nature Cardiovascular Research , Paul Offit, Offit, They’re, Isaac Bogoch, ”, Boguch, Ladapo Organizations: Florida Health Department, Pfizer, Moderna, Nature Cardiovascular Research, Children’s Hospital of Philadelphia, Food and Drug Administration, United States, University of Toronto, CDC, Emergency Locations: Florida, U.S

Former President Donald Trump said at a campaign rally Thursday that he would eliminate taxes on overtime pay if he wins a second term in November. "I’m also announcing that as part of our additional tax cuts, we will end all taxes on overtime," he said in Tucson, Arizona. The Trump campaign did not immediately respond to a request for details about the plan. The Harris campaign also pointed to a 2019 Trump administration overtime pay rule that replaced a more expansive proposal pushed by the Obama administration. The 1938 Fair Labor Standards Act created a 40-hour workweek and overtime pay standards, as well as the right to a minimum wage.

Persons: Donald Trump, I’m, Trump, Harris, Donald Trump’s, Joseph Costello, Obama, Kamala Harris, Nielsen, Biden Organizations: Trump, Labor, Child Locations: Tucson , Arizona, Arizona

CNN —When Joan Chelimo first met Rebecca Cheptegei, she remembers her fellow distance runner simply as a “normal, happy girl,” delighted to be competing at the Olympics. The pair had started talking after competing in the women’s marathon in Paris last month, Chelimo representing Romania and Cheptegei running for Uganda. On Friday, a day before Cheptegei’s funeral in eastern Uganda, Tirop’s Angels hosted a femicide walk in the Kenyan city of Eldoret. There have been plenty of challenges along the way for those involved in Tirop’s Angels, particularly in the early days. “The first time we started Tirop’s Angels, we had a lot of rejection,” says Chelimo.

Persons: Joan Chelimo, Rebecca Cheptegei, ”, “, Chelimo, ” Weeks, Cheptegei, Dickson Ndiema, jerry, Ndiema, I’ve, It’s, ” Chelimo, Mattia Ozbot, ‘ I’m, ’, Agnes Tirop, Ibrahim Rotich, Rotich, Dylan Martinez, …, Andrew Kasuku, Mutua, Agnes, Joseph, –, ” –, “ I’m Organizations: CNN, Olympics, CNN Sport, Ndiema, Athletics, Tirop’s Angels, Kenyan, Reuters, ”, Investigations Locations: Paris, Chelimo, Romania, Uganda, Kenya, Trans Nzoia, Rome, Africa, Budapest, Kenyan, Eldoret, Angels, Angola

☆ Nvidia still has a very compelling story, says Morgan Stanley's Joseph Moore
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia still has a very compelling story, says Morgan Stanley's Joseph MooreJoseph Moore, Morgan Stanley senior semiconductor analyst, joins 'Squawk Box' to discuss what happened this week with Nvidia's stock, if the company's Blackwell chip will have less gross margin than its predecessor, and more.

Persons: Morgan Stanley's Joseph Moore Joseph Moore, Morgan Stanley, Blackwell Organizations: Nvidia

☆ Sam Altman’s lesser-known crypto project wants to scan the world’s eyeballs
▼ + stars: | 2024-09-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +9 min

And when that happens, he’s got another project, Worldcoin, in the works to help fix it. To do that, it’s using its proprietary, basketball-ball sized “orbs” that scan people’s eyeballs and create a unique, immutable code based on the pattern of their irises. So I sat down (virtually) with Worldcoin’s co-founder and CEO, 30-year-old Alex Blania, to discuss the project’s origins and future. CNN: A lot of Worldcoin’s focus is future-focused — targeting problems that are hard for us to imagine today. Blania: I think there’s two pieces to that.

Persons: CNN Business ’, Sam Altman, it’ll, he’s, ChatGPT, Altman, ”, AGI, it’s, VCs, Andreesen Horowitz, Alex Blania, Joseph Nair, It’s, you’ve, Worldcoin, We’ve, there’s, There’s, You’ve Organizations: CNN Business, New York CNN, Netflix, Worldcoin’s, CNN, Bloomberg, Getty, SpaceX, Apple Locations: New York, Singapore, Asia, Japan, Spain, Hong Kong, Malaysia, United States

A grueling manhunt for the suspect wanted in a highway shooting spree stretched into its fifth day as authorities said they believe he retreated deep into a forested swath of southeastern Kentucky with no indication he has fled elsewhere. “There’s so many people that have eyes on this investigation around the world that now we should have gotten a pretty good tip that he exited the woods,” Pennington told reporters 72 hours into the operation. Amid the search, authorities went to his home in Woodbine, about 23 miles from the shooting site, to collect evidence. The search by foot remains daunting, Pennington said, as temperatures have stayed above 80 degrees during the day. “I hope he doesn’t have water, and I hope he doesn’t have food," Pennington said at a news conference Tuesday.

Persons: Joseph A ., Couch, Scottie Pennington, “, ”, “ I’m, ” Couch, Gilbert Acciardo, ” Acciardo, Daniel Boone, ” Pennington, London Mayor Randall Weddle, Pennington Organizations: Army, Kentucky State Police, Toyota, . Forest Service, Daniel Boone National, Target Firearms, NBC, Army Reserve, London Mayor, NBC News Locations: Kentucky, Laurel County, London, Laurel, Daniel Boone National Forest, Woodbine

☆ A’ja Wilson breaks WNBA single-season scoring record in Las Vegas Aces win
▼ + stars: | 2024-09-12 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —Las Vegas Aces superstar A’ja Wilson set the record for the most points in a WNBA season in her team’s 86-75 road win over the Indiana Fever on Wednesday. Wilson currently leads the WNBA in scoring with 27.3 points per game. Giving @_ajawilson22 her flowers for breaking the single season scoring record for most points in a @WNBA season…..when the love comes from love and loved ones it’s fulfilling enough! “The crown is heavy, but she shows up every day and pours into those around her,” said Las Vegas forward Alysha Clark. Wilson and Co. are looking to make history by becoming only the second WNBA team ever to win three consecutive championships.

Persons: A’ja Wilson, Wilson, Seattle Storm’s Jewell Loyd, “, Ron Hoskins, NBAE, ” Wilson, Dawn Staley, Staley, ”, Alysha Clark, – that’s, Angel Reese, – Clark, Tiffany Hayes, Chelsea Gray, Kelsey Mitchell, Caitlin Clark, Sydney Colson, Dylan Buell, Clark Organizations: CNN, Las Vegas Aces, Indiana Fever, Seattle, Aces, South Carolina Gamecocks, Chicago Sky, Vegas, WNBA, Phoenix Mercury, Getty Locations: Vegas, Iowa, Indiana, Phoenix . Indiana

☆ We're in the era of the permanent campaign. Could Kamala Harris change that?
▼ + stars: | 2024-09-12 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +9 min

Read previewWhen Vice President Kamala Harris announced that she was running for president on July 21, she changed more than the dynamics of the race — she upended the entire timeline of presidential elections. AdvertisementMichael Sistak, who served as Sen. Mitt Romney's political director in Michigan in 2012, described a presidential campaign as a "long slog through the mud." AdvertisementIn the 1960s, primaries became a fixture of presidential elections and added months to the campaign. The primary system emerged as a decisive force after World War II and solidified its place in the American presidential election process in 1968. "It's a slog from January all the way to the convention," she said about presidential election years.

Persons: —, Kamala Harris, Harris, Donald Trump, Rachael Cobb, Cobb, Joseph Campbell, Tim Hogan, Hillary Clinton, Amy Klobuchar, they're, Michael Sistak, Sen, Mitt Romney's, Hogan, Sistak didn't, — Campbell, Eugene McCarthy, Hubert Humphrey, Humphrey, Charles Stewart, Stewart, Sistak, Clinton, Daron Shaw, Shaw, isn't, we've Organizations: Service, Business, White House, Suffolk University, American University, White, Romney's, MIT, Politics, UT Austin, Democratic, Republican Locations: Michigan

☆ Bonded by loss: Women who lost dads in 9/11 and Oct. 7 terror attacks form sisterhood
▼ + stars: | 2024-09-11 | by ( Adam Kuperstein | Adam Kuperstein Is An Emmy Award-Winning Journalist Who Anchors Nbc New York S Pm | Pm Weekend Newscasts. | ) www.nbcnews.com time to read: +3 min

Kristin Marino and Maya Peretz are two young women, bonded by a profound loss. At least once a year, she goes to the World Trade Center reflecting pools to pay tribute to her father. Peretz told Marino in the documentary that she “was sure he was coming back home,” referring to her father. But Marino didn’t expect there to be such an instant bond between them. “Honestly I didn’t really know.

Persons: Kristin Marino, Maya Peretz, Marino, — Kenneth Joseph Marino, —, “, ”, influencer, Peretz, wasn’t, they’ve, ” Marino, ” Peretz, Dan Luxemberg, Kristin, it’s Organizations: FDNY, Rescue Company, World Trade, NBC New, Nova Locations: NBC New York, Israel, ” Luxembourg

☆ Megabus, Coach USA Bankruptcy: Wall Street Wrecked Discount Bus Option
▼ + stars: | 2024-09-11 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Stagecoach Group, a UK-based travel company, first launched Megabus in the UK in 2003 and then brought it to the US in 2006. Along with Greyhound, Megabus became one of the two mega-carriers in the United States. The intercity bus industry is not in complete disarray, but things are not going great there. Bus industry insiders also note that they're often treated as an afterthought by policymakers even though they carry tens of millions of people each year. He emphasized that bus travel can be environmentally sustainable, too, compared to everyone driving their own cars or flying.

Persons: Megabus, Andrew Savikas, Peter Pan, John Stepovy, FlixBus, Joseph Schwieterman, Schwieterman, hadn't, Scott Michael, it's, Michael, Kai Boysan, BoltBus, Fred Ferguson, who's, Ferguson, It's, They've, They're, I'd, Wanderu, Stepovy, Emily Stewart Organizations: Coach USA, Equity, USA, Stagecoach Group, Greyhound, North America, DePaul University, Stagecoach, Fullington Trailways, US, United Motorcoach Association, FlixMobility, Flix, American Bus Association, Lake Holdings, Alden Global Capital, Atlantic City, Day, Labor, Business Locations: Los Angeles, Chinatown, Busbud, United States, Asia, Flix North America, Wanderu, Philadelphia, Dallas, Chicago, Cleveland, Boston, New York, FlixBus

☆ White House denounces ‘dangerous’ false claims about Haitian immigrants spread by Vance
▼ + stars: | 2024-09-10 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

The White House warned Tuesday that debunked claims about Haitian immigrants harming household pets could spill over into anti-immigrant violence, as Republican vice presidential nominee JD Vance vowed to keep spreading the rumor. National Security Council spokesman John Kirby said in a briefing with reporters that the false claims about immigrants were a “dangerous” variety of conspiracy theory. So, it needs to stop.”The rumor that Haitian immigrants are abducting and eating pets has spread widely on social media and has focused on Springfield, Ohio, a city with a large population of recent immigrants. The baseless claims have been described as racist because of the implication that Haitian immigrants, most of whom are Black, have barbaric practices or are incapable of living peacefully among white neighbors. Vance posted Tuesday on X that “a child was murdered by a Haitian migrant” and he said other local resources including health care and housing were becoming overwhelmed by demand from new arrivals.

Persons: Vance, John Kirby, ”, ” Kirby, Haiti’s, “ What’s, you’ve, that’s, let’s, Donald Trump, Marlene Daut, Springfield who’ve, ” Vance, wouldn’t, debunkings, don’t, Aiden Clark, Hermanio Joseph Organizations: National Security, Police, Republican Party, Republican, Yale University, NBC News Locations: Springfield , Ohio, Springfield, France, Ohio, Haitian

☆ Multiple myeloma gets new attention after Patti Scialfa, Bruce Springsteen's wife and bandmate, reveals diagnosis
▼ + stars: | 2024-09-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Aria-Bendix-Byline-Jm.Jpg | Aria Bendix | ) www.nbcnews.com time to read: +5 min

The news that Patti Scialfa, Bruce Springsteen’s wife and bandmate, has multiple myeloma is bringing attention to the rare blood cancer. Multiple myeloma affects plasma cells, a type of white blood cell produced in the bone marrow. “Myeloma treatment is a marathon,” said Dr. Manni Mohyuddin, a multiple myeloma specialist at the University of Utah’s Huntsman Cancer Institute. Multiple myeloma is twice as common among Black people than white people in the U.S., and mortality rates among Black Americans are twice as high. In many cases, people with multiple myeloma are still able to pursue normal activities.

Persons: Patti Scialfa, Bruce Springsteen’s, Bruce Springsteen, ” Scialfa, that’s, Scialfa, Springsteen, —, ”, Manni, Joseph Mikhael, Mikhael, ” Mohyuddin, don’t, Mohyuddin, Orange, ” Mikhael, Dr, Mansi Shah, oncologist, ” Shah, we’ve Organizations: Variety, Toronto Film, University of Utah’s Huntsman Cancer Institute, U.S, International, Firefighters, Rutgers Cancer Institute, RWJBarnabas Health Locations: U.S, New Jersey

Former President Donald Trump said he plans to vote yes on a ballot measure in Florida to legalize marijuana, his clearest stance so far on the issue. He wrote that arrests for marijuana possession of "personal amounts" waste taxpayers' dollars and suggested that the ballot measure would help prevent deaths from fentanyl-laced marijuana. If passed, the ballot measure would permit residents over 21 to possess, buy or consume marijuana recreationally. Ron DeSantis opposes the marijuana ballot measure and most congressional Republicans have in recent years voted against bills to reform U.S. policy on marijuana. Trump last month seemed to signal some support for another ballot measure in Florida: one that would expand abortion access.

Persons: Donald Trump, ” Trump, “, Ron DeSantis, Sen, John Kennedy, I’m, Kennedy, Kevin Cramer, ” Cramer, Trump, Harris, Joseph Costello, Costello, ” Organizations: Florida Gov, Republicans, Trump, Newsmax, NBC News, Fox News Locations: Florida, North Dakota

☆ Raygun: Viral Olympian ranked No. 1 breaker in the world by sport’s governing body
▼ + stars: | 2024-09-10 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

CNN —Australian breaker Rachael Gunn, the Olympian widely known as B-Girl Raygun who went viral after her performance at the Paris Games, is now ranked the No. The 37-year-old claimed the top spot in the latest women’s rankings released by the World DanceSport Federation (WDSF) – the governing body of breaking and other dancesports. However, she won the gold medal at the 2023 WDSF Oceania Championships, securing her 1,000 ranking points and vaulting her up to No. “In alignment with the Olympic Qualification System, ranking events were intentionally not held between 31 December 2023 and the Olympic Games Paris 2024. From our perspective, that was nothing really shocking.”Raygun became one of the stories of the Paris Games after her performances at La Concorde Urban Park.

Persons: Rachael Gunn, Raygun, Japan’s Ami, Lithuania’s, WDSF, Robin, Ezra Shaw, Adele, Rachel Dratch, Jimmy Fallon, ” Raygun, –, ”, Martin Gilian, Frank Franklin, “, that’s, “ It’s Organizations: CNN, Paris Games, World DanceSport, Oceania, Oceania Championships, Olympic, Games, Olympic Games, Olympics, Getty, Twitter, Concorde Urban Locations: United States, France, Lithuania, Japan, Paris, Shanghai, Budapest, Australia, Munich, Los Angeles

☆ Nearly a million more children fell into poverty last year. Both presidential campaigns want to give parents money to fix that.
▼ + stars: | 2024-09-10 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Read previewMore children fell into poverty last year — and it could signal a major issue for both candidates as the presidential election heats up. But child poverty rose faster than that, from 12.4% to 13.7%. "The effectiveness of such a policy is evident when one considers the effects of the Child Tax Credit." And with child poverty only worsening, what candidates can deliver for parents might be particularly salient. Is the rise in child poverty and lack of assistance impacting your family?

Persons: —, Steven Durlauf, Joe Biden's, Kamala Harris, Donald Trump's, Joseph Costello, Harris, Walz, JD Vance, Anna Kelly, Kelly, Trump, Adam Ruben, Josh Bivens, they'd Organizations: Service, Business, The University of Chicago, Stone Center for Research, Harris School of Public, Child Tax, Pew Research Center, Economic Security, Census, Economic Policy Institute, jkaplan Locations: U.S

☆ Fugitive accused of opening fire near Kentucky highway had sent text saying 'I'm going to kill a lot of people,' authorities say
▼ + stars: | 2024-09-09 | by ( Marlene Lenthang | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +5 min

They Laurel County Sheriff’s Office identified them Monday as Rebecca Puyear, Norma Liberia, Renee Walker, Janet Booth and Erick Tavin. Couch has been charged with five counts of attempted murder and five counts of first-degree assault, according to an arrest warrant. Couch had served in the Army Reserve and suffered from post-traumatic stress disorder, Weddle told NBC News on Monday. An AR-15, believed to have been used in the shooting, was found near Couch’s vehicle, which was found near the scene Saturday night. Investigators interviewed the woman Sunday, and she showed a screenshot of that text that read, in part, “I’m going to kill a lot of people.

Persons: Joseph A ., ”, Rebecca Puyear, Norma Liberia, Renee Walker, Janet Booth, Erick Tavin, Couch, “, Jackie Steele, London Mayor Randall Weddle, Weddle, Timothy D, Laurel, “ I’m, …, didn't, Sheriff’s Capt, Richard Dalrymple, Sheriff John Root, Joseph, Steele, ” Weddle Organizations: Sheriff’s Office, Judicial, NBC News, London Mayor, Army Reserve, NBC, Dispatch, Easley, Sheriff, Kentucky State Police, Army, Reserve, Laurel County Public Schools, White Locations: Kentucky, London, Laurel, Livingston, Ky, Laurel County

☆ Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
▼ + stars: | 2024-09-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets, an analyst has suggested, as opinion on the central bank's forthcoming meeting remains hotly divided. "I would not be surprised if they jumped all the way to 50 basis points," Yoshikami told CNBC's "Squawk Box Europe." "That would be considered, on one hand, a very positive sign the Fed is doing what is needed to support jobs growth," he said. "I think the Fed at this point is ready to get out ahead of this." His comment follow similar remarks Friday from Nobel Prize-winning economist Joseph Stiglitz, who said the Fed should deliver a half-point interest rate cut at its next meeting, contending that it went "too far, too fast" with its previous policy tightening.

Persons: Michael Yoshikami, Yoshikami, CNBC's, Joseph Stiglitz Organizations: U.S . Federal, Destination Wealth Management

☆ Madrid bans rental e-scooters, saying operators didn’t meet requirements
▼ + stars: | 2024-09-09 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Authorities in Madrid have announced that they will revoke the operating licenses of e-scooter rental companies Lime, Dott and Tier – a move that will see rented e-scooters banished from the streets of the Spanish capital. Lime, Dott and Tier were the companies selected to offer e-scooter rental in Madrid, with permits granted for 2,000 scooters each. The council’s decision means “rental scooters will disappear from the city from October,” it said. A spokesman for Dott told CNN on Monday that the company had received an official notification from Madrid city hall on Thursday. Madrid is not the first city to take action against e-scooter rentals, which have become increasingly divisive.

Persons: José Luis Martínez, Almeida, ”, Dott, “, Lime, Mayor Martínez, Nicholas Reece, CNN’s Maggie Hiufu Wong, Pierre Bairin, Joseph Ataman Organizations: CNN, City, Council, Mayor, Melbourne Locations: Madrid, Australian, Melbourne, Paris

☆ Iran wants Israelis to worry that Hezbollah has a rare and powerful EMP weapon
▼ + stars: | 2024-09-08 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Nuclear EMP pulses can travel hundreds of miles depending on their altitude of detonation, while NNEMP devices only have ranges of about 5 miles. AP Photo/Mohammed ZaatariIran does have a nuclear program, and probably could build a nuclear EMP weapon if it wanted to. But a non-nuclear EMP weapon might enable Iran to sidestep any red lines. But this raises another question: would Iran give EMP weapons to Hezbollah, its most important proxy? Giving EMP weapons to Hezbollah would risk the possibility that Israel and other nations would hold Iran responsible.

Persons: Islamic Revolutionary Guard Corps —, Mohammed Zaatari, Trump, Israel, Joseph Votel, Votel, Israel —, It's, Michael Peck Organizations: Service, Hezbollah, Lebanese, Quds Force, Islamic Revolutionary Guard Corps, Kuwaiti, Al, Force, National and Homeland Security, AP, Iranian, American, US Central Command, Middle East Institute, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Israel, Lebanon, Iran, The, Tehran, Russia, Europe, Mohammed Zaatari Iran, Iranian, Jerusalem, China, North Korea, Washington, New Jersey, Northern Israel, Beirut, Forbes

☆ Taylor Swift wore over $60,000 in jewelry for her return to her WAG era
▼ + stars: | 2024-09-06 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +5 min

Taylor Swift attended the Kansas City Chiefs game on Thursday to support Travis Kelce. AdvertisementFootball is back, and so is Taylor Swift. Throughout the 2023-24 season, she often wore Chiefs gear or custom clothing that featured Kelce's number, 87. AdvertisementBut at Thursday's game, Swift seemed to fully embrace her WAG status, arriving in designer clothes and high-end jewelry. AdvertisementThe most expensive piece Swift wore was the Ruby Impetus interlocking puzzle ring from Retrouvai.

Persons: Taylor Swift, Travis Kelce, Versace, —, Swift, Kelce, Joseph Cassell Falconer, David Eulitt, Giuseppe Zanotti, Louis, It's, Bergdorf Goodman, retails, Randi Molofsky, Falconer, Taylor, Molofsky, it's, Lizzie Mandler, Kendall Junck Organizations: Kansas City Chiefs, Service, Baltimore Ravens, NFL, Arrowhead, Chiefs, Ravens, Louis Vuitton, TNT Locations: Kansas City , Missouri

☆ Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
▼ + stars: | 2024-09-06 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The Nobel-prize-winning economist called on the central bank to cut interest rates by 50 basis points at its approaching policy meeting. AdvertisementFriday's weaker-than-expected reading did not completely ease concerns, putting pressure on the Fed to ease policy quickly. But Stiglitz, speaking ahead of the data's release, told CNBC that he would pursue deeper rate cuts regardless of Friday's report. Builder confidence also tanked to a December bottom, though experts anticipate that falling interest rates should eventually boost sentiment. AdvertisementMeanwhile, homebuyers appear sidelined as they wait for interest rate cuts to ease mortgage rates.

Persons: —, Joseph Stiglitz, Stiglitz, homebuyers Organizations: Service, CNBC, Business

☆ The Fed’s favorite inflation indicator increased 0.2% in July, as expected
▼ + stars: | 2024-08-30 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Excluding volatile food and energy prices, core PCE also increased 0.2% for the month but was up 2.6% from a year ago. Core prices less housing, another key metric for the Fed, increased just 0.1% on the month. Elsewhere in the report, the department's Bureau of Economic Analysis said personal income increased 0.3%, slightly higher than the 0.2% estimate, while consumer spending rose 0.5%, in line with the forecast. Markets reacted little to the news, with equity futures pointing to a slightly higher open on Wall Street and Treasury yields higher as well. In recent days, policymakers such as Chair Jerome Powell have expressed confidence that inflation is progressing back to the Fed's 2% goal.

Persons: Dow, Joseph Brusuelas, Jerome Powell Organizations: Federal Reserve, Commerce Department, Dow Jones, Fed, department's, BEA, Treasury, RSM

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