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☆ Israel-Hamas War: U.N. Security Council Resolution Latest Updates
▼ + stars: | 2024-06-11 | by ( Farnaz Fassihi | ) www.nytimes.com time to read: +7 min

In passing the resolution, the Council delivered a diplomatic victory to Washington, which had vetoed three previous cease-fire resolutions before the Council. Video transcript Back bars 0:00 / 0:43 - 0:00 transcript United Nations Security Council Backs Gaza Cease-Fire Resolution Fourteen of the 15 members on the U.N. Security Council, with Russia abstaining, voted in favor of adopting a proposal calling for a permanent cease-fire in Gaza. The draft resolution has been adopted as resolution 2735.” “Colleagues, the cease-fire deal would pave the way toward an enduring cessation of hostilities and a better future for all. Russia and China and Algeria, the only Arab member of the Security Council, had said in back-channel negotiations that the text appeared too lopsided in favor of Israel. Ever since the war started eight months ago, the Security Council has been in a deadlock over finding a way to end the conflict and fulfill its mandate to uphold international peace and stability.

Persons: ”, Linda Thomas, Greenfield, Thomas, Israel, “, ” “, Biden, There’s, Michael M, Reut Shapir Ben, Naftaly, Ms, Shapir Ben, Vasily Nebenzya, Nebenzya, Nate Evans, Evans, “ Israel, Marko Djurica, Benjamin Netanyahu, Fu Cong Organizations: . Security, United Nations, United Nations Security, Hamas, Credit, U.S, ., Reuters, ” Diplomats, States, Security, Security Council, United Locations: U.S, Gaza, Russia, Washington, United States, Qatar, Egypt, Israel, Russian, Tel Aviv, China, Algeria

☆ 4 theories to help explain why you dream: 'The dreaming brain is as active as the waking brain,' neuroscientist says
▼ + stars: | 2024-06-11 | by ( Renée Onque | ) www.cnbc.com time to read: +5 min

"We now know all consciousness is powered by electricity, including dreaming, and it turns out the dreaming brain is as active as the waking brain – sometimes even more so," he said. "In this theory, dreams are like a virtual simulation where we can test different responses and imagine the consequences," he said. Brain functionalityA straightforward theory about why we dream is that dreaming can be good for "keeping the brain tuned and ready even during sleep." In other words, the processes that the brain experiences as you're dreaming may be helpful for brain functionality and keeping your brain sharp. But adrenaline is still present while you're sleeping; think about how your heart can race when you're dreaming about being chased.

Persons: Jandial, Dr, Rahul Jandial, Michael Myers, Isabelle Arnulf, Rosalind Cartwright, —, Cartwright, Adrenaline's Organizations: Gallup, CNBC

☆ Michael Mosley likely died soon after becoming unwell, Greek police say
▼ + stars: | 2024-06-10 | by ( Eleni Giokos | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —British TV personality and health guru Michael Mosley may have died shortly after becoming unwell while walking alone on the Greek island of Symi, local police told CNN on Monday. ET) on Wednesday, the day he went missing, Greek police spokeswoman Konstantia Dimoglidou told CNN. A direction sign on a rocky path in the hills of Pedi, a small fishing village in Symi, pointing toward Agia Marina, where the body of TV doctor and columnist Michael Mosley was discovered. Yui Mok/PAAn initial autopsy concluded that Mosley died from natural causes and that there were no injuries on his body that could have caused his death, the BBC reported. The position in which his body was found suggests he was sitting at the time of his death, Dimoglidou said.

Persons: Michael Mosley, Mosley, Konstantia Dimoglidou, Yui Mok, Dimoglidou, Lefteris Papakalodoukas, Papakalodoukas, Mosley’s, Clare Bailey, “, ”, Tom Watson, Mosley “, Rishi Sunak Organizations: CNN, Police, BBC, Associated Press, Daily Mail, British, PA Media Locations: British, Symi, Nikolaos, Pedi, Agia Marina, Britain

☆ Michael Mosley: Body found on Greek island in search for British TV doctor
▼ + stars: | 2024-06-09 | by ( Chris Liakos | Amarachi Orie | ) edition.cnn.com time to read: +2 min

CNN —A body has been found in the search for missing British TV presenter Michael Mosley in Greece, a police spokesperson said, but it needs formal identification. Mosley, who gives health advice on British media, disappeared on Wednesday after going for a walk alone on the Greek island of Symi. A body was found Sunday morning, according to Konstantia Dimoglidou, speaking on OPEN TV. On Friday, the search operation was said to be focused on the Pedi area of the island where a woman reported seeing him on Wednesday. The beach near where the body was found is not far from that area.

Persons: Michael Mosley, Mosley, Konstantia, Dimoglidou, Claire Bailey, ”, ” Mosley Organizations: CNN, OPEN, Foreign Office, Police, British, Daily Mail, Festival, BBC Radio, PA Media Locations: Greece, Symi, Agia Marina, Wales

After a four-day search, Greek officials said on Sunday they had found the body of Michael Mosley, a British medical journalist and documentary maker who disappeared last week while on a trip on the Greek island of Symi. His body was found on a beach in Agia Marina, said the mayor of Symi, Eleftherios Papakalodoukas. The authorities also used dogs and drones, and the Greek coast guard also joined the effort as fears escalated that Mr. Mosley had drifted out to sea. Mr. Mosley, 67, a BBC journalist, had arrived on Tuesday on Symi, part of the Dodecanese islands in the Aegean Sea, for a weeklong trip. When hours had passed with no sign of Mr. Mosley, his wife, Clare Bailey Mosley, reported him missing to the police.

Persons: Michael Mosley, Eleftherios Papakalodoukas, Mosley, Clare Bailey Mosley Organizations: BBC Locations: British, Symi, Agia Marina, Nikolaos

☆ Stock market heads into the week ahead at a record, but with some uneasiness underneath the surface
▼ + stars: | 2024-06-08 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P 500 made a new record high, its 25 th of the year. And on the surface, there is a stolid calm that suggests a system in comfortable equilibrium, the market achieving a kind of homeostasis. Four of the past five days last week, the S & P 500 moved less than 0.2%. The S & P 500 is up almost 2% since its closing peak at the end of the first quarter, perhaps the moment of maximum belief in a seamless soft economic landing. Three stocks together now account for fully 20% of the S & P 500 market value, mocking the notion of diversification and dashing most active investors' hopes of beating the bogey.

Persons: Keith Gill, Michael Mauboussin, Scott Chronert Organizations: Nvidia, GameStop, Apple, Microsoft, Federal Reserve, Investment, Morgan Stanley Investment Management, Fed, Citi, CPI Locations: rebalancing, U.S

☆ The British Aren’t Coming. They’re Here.
▼ + stars: | 2024-06-08 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Facing financial challenges and political division, several of America’s largest news organizations have turned over the reins to editors who prize relentless reporting on a budget. Will Lewis, a veteran of London’s Daily Telegraph and News UK, is now the chief executive of The Washington Post, where reporters have raised questions about his Fleet Street ethics. He recently ousted the paper’s American editor and replaced her with a former colleague from The Telegraph, dumbfounding American reporters who had never heard of him. Michael Bloomberg, a noted Anglophile, hired John Micklethwait (former editor of the London-based Economist) in 2015 to run Bloomberg News. Rupert Murdoch tapped Keith Poole (The Sun and The Daily Mail) to edit The New York Post in 2021, the same year that The Associated Press named an Englishwoman, Daisy Veerasingham, as its chief executive.

Persons: Will Lewis, Emma Tucker, Mark Thompson, ”, Michael Bloomberg, John Micklethwait, Rupert Murdoch, Keith Poole, Daisy Veerasingham Organizations: London’s Daily Telegraph, News, The Washington Post, The Telegraph, Sunday Times, Wall, CNN, Bloomberg, Sun, The Daily, York, Associated Press Locations: American, London

☆ Wall Street is putting its foot down as ‘Roaring Kitty’ sends GameStop soaring again
▼ + stars: | 2024-06-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +9 min

That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.

Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, ”, Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe

☆ Michael Mosley: British TV doctor missing on Greek island of Symi
▼ + stars: | 2024-06-06 | by ( Amarachi Orie | ) edition.cnn.com time to read: +1 min

CNN —British journalist, writer and doctor Michael Mosley, who popularized a type of intermittent fasting known as the 5:2 diet, has gone missing on the Greek island of Symi. A search operation is underway after his wife reported him missing on Thursday morning, Reuters reported, citing local police officials. The television doctor – known for UK documentary shows such as Channel 4’s “Michael Mosley: Who Made Britain Fat?” and the BBC’s “Trust Me, I’m A Doctor” – was last seen early afternoon local time on Wednesday heading out for a walk. The 67-year-old broadcaster has also appeared on British factual entertainment programmes such as BBC’s “The One Show” and ITV’s “This Morning,” and has been a columnist for British newspaper the Daily Mail. The father of four deliberately infested himself with parasites to learn more about them for BBC’s 2014 programme “Infested!

Persons: Michael Mosley, –, ” –, ” Mosley Organizations: CNN, Reuters, Media, British, Daily Mail, Festival, BBC Radio, PA Media Locations: British, Symi, Wales

Greek authorities on Thursday said they were searching for Michael Mosley, a prominent British journalist and television presenter who had gone missing a day earlier while on a walk on the island of Symi. Mr. Mosley, 67, was reported missing by his wife, Clare Bailey, on Wednesday afternoon, according to Constantina Dimoglidou, a spokeswoman for the Greek police. The couple had arrived in Symi on Tuesday, planning to stay for a week. “We’re looking everywhere for him,” Ms. Dimoglidou said, adding that the local fire service and volunteers were involved in the search. Mr. Mosley told friends on Wednesday afternoon that he was going to walk about two miles from the Agios Nikolaos area back to the main town of Symi, where the couple was staying, according to Ms. Dimoglidou.

Persons: Michael Mosley, Mosley, Clare Bailey, Constantina, “, ” Ms, Dimoglidou, Nikolaos Locations: British, Symi, Rhodes, Pedi

☆ Judge Cannon expands hearing on Trump’s request to declare special counsel’s appointment invalid
▼ + stars: | 2024-06-04 | by ( Dan Berman | Katelyn | ) edition.cnn.com time to read: +6 min

Cannon is planning on holding a sprawling hearing on Trump’s request to declare Jack Smith’s appointment as special counsel invalid, signaling she could be more willing than any other trial judge to veto the special prosecutor’s authority. Wednesday, Cannon went further, adding a hearing on a gag order request from prosecutors to limit Trump’s rhetoric about law enforcement and allotting more time to hear arguments on the special counsel issue. Cannon’s signal of willingness to entertain challenges to the special counsel comes in the same week Republicans are bearing down on Attorney General Merrick Garland for his use of special counsels. A third group says the Department of Justice’s use of a special counsel should be upheld. Cannon still agreed to the hearing Trump wanted.

Persons: Aileen Cannon, Donald Trump’s, Cannon, Jack Smith’s, It’s, –, Trump, Evan Corcoran, Hunter, didn’t, Paul Manafort’s, Robert Mueller’s, Andrew Miller, Roger Stone, General Merrick Garland, David Weiss, Hunter Biden, – Cannon, ” Bradley Moss, Edwin Meese, Michael Mukasey, Meese, Mukasey, ’ Organizations: CNN, FBI, Trump, Southern District of, Justice Department, Republican Locations: Los Angeles and Delaware, Southern District, Southern District of Florida, Delaware, Washington ,

☆ Liberals Find a TV Prescription for Election Jitters: Monday Nights
▼ + stars: | 2024-06-03 | by ( Michael M. Grynbaum | John Koblin | ) www.nytimes.com time to read: +1 min

Liberal TV viewers have a new mantra: T.G.I.M.! Monday nights have suddenly broken out in the Nielsen ratings — and in national relevance — thanks to a rare confluence: two TV superstars of the political left who have limited their regularly scheduled broadcasts to that one evening. In a frazzled media age, their once-a-week programs have become something close to appointment viewing. Ms. Maddow’s Monday program is far and away the highest-rated hour of MSNBC’s entire week. Mr. Stewart’s “Daily Show” significantly outdraws the other weeknight editions of the show, and has proved to be a rare breakout hit for Comedy Central.

Persons: Jon Stewart, Rachel Maddow, Maddow’s, Stewart’s Organizations: Liberal, Nielsen, Comedy Central

☆ How American Express Became Millennials, Gen Z's Favorite Credit Card
▼ + stars: | 2024-06-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

But now, for a growing cohort of Gen Zers and millennials, it's their card, too. According to the company, millennials and Gen Z consumers made up 60% of its new customer acquisitions worldwide, and 75% of its new platinum and gold accounts were opened by millennial and Gen Z members. Related storiesAmex has implemented a number of tactics to pull off its youth revolution and cement its place as a status symbol among relatively affluent millennial and Gen Z consumers. For many young consumers, having an Amex rewards card is sort of like having a good, varied subscription service that runs them less than $60 a month. AdvertisementAll that aside, the Amex Platinum Card seems neat.

Persons: Gen Zers, youngs, it's, they'd, Amex, Zers, Gen X, Z, Steve Squeri, Jim Cramer, Gen Zs, Michael Miller, Uber, Miller, Daisy Hernandez, Guy, Stephen Biggar, Amex isn't, Chase Sapphire, I've, Emily Stewart Organizations: American Express, Express, Mastercard, Visa, American, CNBC, Morningstar Research, New York Times, Wall Street, Saks, Walmart, US, Argus Research, bodega, Business Locations: Coachella

☆ CNBC Daily Open: Nvidia's new chip, GameStop soars
▼ + stars: | 2024-06-03 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City. Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Michael M Organizations: New York Stock Exchange, Santiago, CNBC Locations: New York City

☆ The Low-Key British Newshound Taking Charge of The Washington Post
▼ + stars: | 2024-06-03 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

In the swashbuckling world of British newspapers, the editor Robert Winnett stands out for his lack of flash. His ascent is due to his longstanding ties to Will Lewis, the chief executive of The Post. Mr. Lewis, a Fleet Street star, mentored Mr. Winnett at The Sunday Times of London and later at The Telegraph, where Mr. Winnett spearheaded a groundbreaking investigation into fraudulent expenses that led to the resignations of scores of British politicians. But Mr. Winnett remains an unknown quantity, both in elite American media circles and within the newsroom he will soon lead. He will arrive at The Post after 17 years at The Telegraph, a center-right paper associated with Britain’s Conservative Party.

Persons: Robert Winnett, Winnett, ”, Will Lewis, Lewis Organizations: The Daily Telegraph, The Washington Post, The, Fleet, The Sunday Times of, Britain’s Conservative Party Locations: Mayfair, The Sunday Times of London

☆ Why you should calculate your own P/E and PEG ratios — and the right way to do it
▼ + stars: | 2024-06-02 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

— Bill Reed I notice that P/E ratios can be quite inconsistent and vary from site to site. Before we figure out a stock's PEG ratio, we need to calculate its compound annual growth rate or CAGR. Nvidia is trading at 41 times earnings, our equation would be 41/28.21 which equals a PEG ratio of 1.45 times. As a general rule, a PEG ratio of 1 or lower indicates you're getting future growth at a good value. Most importantly, the PEG isn't the end-all-be-all, It's just another way of thinking about valuation.

Persons: Jim Cramer, Bill Reed, Mike M, it's, Let's, It's, Jim Cramer's, Jim, Michael M Organizations: CNBC, Nvidia, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty

☆ Fox News and MSNBC Notch Rating Wins After Trump’s Verdict
▼ + stars: | 2024-05-31 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Many Americans learned the news of the verdict from online sites, email alerts and text messages from family and friends. How the conviction of Mr. Trump might influence voters’ opinions is one of the first moments of genuine uncertainty in this year’s campaign narrative. Next month also brings a major television moment: the race’s first face-to-face matchup in prime time between Mr. Trump and President Biden, in a CNN debate in Atlanta on June 27. With the exception of Thursday evening, Fox News dominates its cable news competitors in the Nielsen ratings. The channel said on Friday that it had secured an interview with Mr. Trump to air on Sunday’s edition of “Fox & Friends Weekend.” The taped interview will be conducted by the show’s co-hosts, Will Cain, Rachel Campos-Duffy and Pete Hegseth.

Persons: Mr, Trump, Biden, “, Will Cain, Rachel Campos, Duffy, Pete Hegseth Organizations: CNN, Fox News, Nielsen, “ Fox, Friends Locations: Atlanta

☆ News Organizations Cut Away From Trump’s Misleading Speech
▼ + stars: | 2024-05-31 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Several major networks cut away from former President Donald J. Trump on Friday during an appearance that had been promoted as a news conference at Trump Tower devolved into a rambling and misleading speech. Mr. Trump’s unfiltered remarks were carried live by cable news channels and NBC, which broke into its usual daytime programming to cover his appearance. In the minutes before he began speaking, MSNBC, CNN and Fox News all aired anticipatory camera shots of an empty lectern. Mr. Trump began by speaking in his usual discursive, dissembling manner. He unleashed a litany of false statements about his Manhattan trial, attacking witnesses, calling the judge the “devil” and falsely accusing President Biden of being involved in the prosecution.

Persons: Donald J, Trump, —, ”, Biden Organizations: Trump, NBC, MSNBC, CNN, Fox News

☆ The 9 best movies on Netflix in June
▼ + stars: | 2024-05-31 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: 1 min

“Ali” (June 1)Will Smith in "Ali." Columbia PicturesWill Smith gives one of the best performances of his career playing the iconic heavyweight boxing champion Muhammad Ali. From his physical transformation to look like the champ to his voice and swagger, Smith pulls off everything needed to make an impressive Ali biopic. But perhaps his greatest achievement is his collaboration with director Michael Mann to showcase the complexities of the man who, at the peak of his skills, was also fighting criticisms about his religious faith, opposing the Vietnam War, and infidelity.

Persons: “ Ali ”, Will Smith, Muhammad Ali, Smith, Ali, Michael Mann Organizations: Columbia Locations: Ali, Vietnam

☆ Trump Can Proceed With Lawsuit Against His Niece, Court Rules
▼ + stars: | 2024-05-30 | by ( Michael M. Grynbaum | More About Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump can proceed with a lawsuit against Mary L. Trump, his estranged niece, over her role as a source for a New York Times investigation into Mr. Trump’s finances, a New York State appeals court said on Thursday. The ruling, from the Appellate Division of the State Supreme Court, was a victory for Mr. Trump, though it did not address the substance of his claim: that his niece should be held liable for breaching a confidentiality agreement when she provided financial documents to a team of Times journalists. Those documents became the basis of a series of news articles examining what The Times called Mr. Trump’s history of tax avoidance and “outright fraud.” The series received a Pulitzer Prize for explanatory reporting in 2019. Mr. Trump sued The Times in 2021 over the articles, accusing the news organization of improperly inducing his niece to provide the documents. Last year, a New York judge dismissed Mr. Trump’s claims against The Times and its journalists; the judge also ordered the former president to pay the newspaper’s legal fees.

Persons: Donald J, Trump, Mary L, Trump’s Organizations: New York Times, New, Division, Supreme, Mr, Times, The Times Locations: New York State, New York

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Below $200 a share is the level we'd get interested in buying more Salesforce stock, Jim said. The industrial name will continue to be a beneficiary of the AI trade due to Eaton's booming data center business. Alphabet : If this mega-cap name experiences a move lower, investors should scoop up shares, Jim said. Nvidia : There's not much more to say about Nvidia in light of another blowout earnings report and the strong guidance accompanying it.

Persons: Jim Cramer's, Jim, Apple's, Goldman Sachs, Salesforce, We've, Danaher, he'd, Walt Disney, We're, Estee Lauder, Eaton, Ford, Motors, Mary Dillon's, It's, Linde, Eli Lilly, Mark Zuckerberg's, Morgan Stanley, we're, Stanley Black, we've, Wynn, Jim Cramer, Michael M Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Abbott Labs, Amazon Web Services, Broadcom, Dell, Samsung, Costco Wholesale, Coterra Energy, DuPont De Nemours, DuPont, The, Eaton, Ford, GE Healthcare, Honeywell, Jim, Linde, Microsoft, Nvidia, Palo Alto Networks, Palo Alto, Change, Procter & Gamble, Constellation Brands, Constellation, Modelo, Corona, Federal Reserve, TJX, Marshalls, Wynn Resorts, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: China, Dover, Eaton, U.S, Maxx, HomeGoods, Wells Fargo, Macau, New York City

☆ A Historic Verdict Made for Riveting TV. Then the Punditry Began.
▼ + stars: | 2024-05-30 | by ( Michael M. Grynbaum | John Koblin | ) www.nytimes.com time to read: +1 min

“Oh, here we go,” Ms. Guthrie said abruptly, as the off-camera voice of Laura Jarrett, NBC’s senior legal correspondent, could be heard in the background. We need to go,” Ms. Jarrett said. “We need to go.”“Go,” Ms. Guthrie exhorted. “Count 1, guilty; Count 2, guilty; Count 3, guilty,” intoned Ari Melber, the MSNBC legal correspondent, as a sober-faced Rachel Maddow sat beside him jotting notes on a pad. It was the kind of riveting moment that Mr. Trump, a TV connoisseur himself, might have appreciated if he were not its subject.

Persons: Savannah Guthrie, Lester Holt, ” Ms, Guthrie, Laura Jarrett, NBC’s, Jarrett, Ms, ”, Donald J, ” intoned Ari Melber, Rachel Maddow, Trump, ” Anderson Cooper Organizations: NBC News, Trump, MSNBC, CNN Locations: Manhattan

☆ China's military exercises last week 'looked like a rehearsal' for a Taiwan invasion, US' top officer in the Pacific says
▼ + stars: | 2024-05-30 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

China's large-scale military exercises surrounding Taiwan last week "looked like a rehearsal" for an invasion, the US' top officer in the Pacific said. Related storiesIn the aftermath of the exercises, US lawmakers and officials have been responding with clear shows of support for Taiwan. The US would be dependent on Japan's bases to threaten a Chinese threat to Taiwan, as President Joe Biden has vowed. Taiwan's army held a military exercise following China's large-scale joint military drill around Taiwan on May 23, 2024. TAIWAN Military News Agency, Ministry of National Defense, R. O. C. / HANDOUTLast week's exercises weren't the first time China has held provocative exercises around Taiwan.

Persons: Adm, Samuel Paparo, Paparo, Joe Biden, Michael McCaul, McCaul, Nancy Pelosi, Party's Lai Ching, Tsai Ing Organizations: Service, Business, Pacific, Japan's Nikkei, TAIWAN Military News Agency, Ministry of National Defense, Democratic Locations: Taiwan, Beijing, US, China, United States, Taiwan's, Japan

☆ Dollar Tree is moving into 99 Cents Only stores
▼ + stars: | 2024-05-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

Dollar Tree announced Wednesday it acquired leases for 170 of 99 Cents Only’s stores out of bankruptcy in Arizona, California, Nevada and Texas. Dollar Tree was the last dollar store chain to sell everything for $1 before raising prices in 2021 to $1.25 and above. Family Dollar has underperformed Dollar Tree and other discount chains in recent years, and it’s closing 975 stores. One challenge for Dollar Tree could be the size of 99 Cents Only stores. 99 Cents Only stores are on average approximately 20,000 square feet, more than double the size of a typical dollar store chain.

Persons: ” Michael Montani Organizations: New, New York CNN, “ Management, IRI Locations: New York, Arizona , California , Nevada, Texas, Virginia, West Coast

☆ ‘Defeat by Truth’: Biden’s Gaza Critics Start an Anti-Trump Campaign
▼ + stars: | 2024-05-29 | by ( Katie Glueck | Maya King | ) www.nytimes.com time to read: +1 min

Michael McBride was an early backer of a cease-fire in Gaza, publicly breaking with President Biden’s support for the war months before many other Democrats arrived in a similar place. Nearly five months before Election Day, Mr. McBride, a co-founder of the group Black Church PAC, remains critical of how the administration has stood by Israel. But he is now leading an effort, alongside other progressive Black activists, strategists and faith leaders, that would indirectly help Mr. Biden by working to defeat former President Donald J. Trump. It is one of the clearest signs yet that at least some of Mr. Biden’s critics on the left will still work to stop Mr. Trump — even if they are lukewarm on the incumbent president. But, he said, “we can’t wait for the Biden administration to change their course before we start to sound the alarm.”

Persons: Michael McBride, Biden’s, McBride, Biden, Donald J, Trump, “, Mr Organizations: Black Church PAC, Trump, Way Christian Center Locations: Gaza, Israel, Berkeley, Calif

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