CNN is bringing in an ex-chief executive of the BBC and The New York Times in an attempt to turn around a news business that has burned through two executives and lost viewers in the last two years. David Zaslav, CEO of CNN's parent company, Warner Bros. Discovery, announced the appointment of Mark Thompson as chair and CEO on Wednesday. Thompson succeeds Chris Licht, who was ousted in June, and a four-person interim management team.from US News Headlines, Latest USA News, US news live on Times of India https://ift.tt/iLraWjH
As the battery materials company, established by former Tesla CEO JB Straubel, aims to increase its operations in the United States, Redwood Materials announced on Tuesday that it has raised more than $1 billion in new capital. The company secured a conditional commitment in February from the US Energy Department for a $2 billion loan to construct a $3.5 billion recycling and remanufacturing plant for electric vehicle battery materials in Nevada.
As a result of their governments' failure to address climate pollution, young people are increasingly suing them in court, and sporadically winning. Their efforts were supported this week by the Committee on the Rights of the Child, a free-standing expert panel that interprets international human rights law. The committee stated that all nations have a legal commitment to safeguard children from environmental deterioration, including by "regulating business enterprises," and to allow their minor people to seek legal action, in a lengthy 20-page study released on Monday.
President Joe Biden is heading to Vietnam next month to meet with General Secretary Nguyen Phu Trong and other Vietnamese leaders, the White House announced on Monday. The president will travel to Hanoi on Sept. 10, tacking on the one-day visit to the Vietnamese capital after attending the annual Group of 20 leaders' summit in India.
The Pentagon plans to field thousands of drones within the next two years to help counter China's numerical edge in personnel and military hardware, a senior US defense official said Monday. "We'll counter the PLA's mass with mass of our own, but ours will be harder to plan for, harder to hit, harder to beat," she said, referring to the Chinese military.
According to data provided on Friday by Goldman Sachs, hedge funds have a record amount of exposure to the seven largest technology companies by market valuation. This is because managers have started investing again in the industry this month. Currently, the top seven U.S. stocks account for around 20% of the hedge funds Goldman Sachs tracks' entire net market value. They have also played a significant role in the expansion of the U.S. equity market this year.
Trump's campaign reports that after being arrested at the Fulton County Jail in Georgia on Thursday on suspicion of attempting to rig the state's 2020 election, he has raised $7.1 million. He is the only former president in American history to ever have a mug shot taken. According to campaign spokesman Steven Cheung, Friday was the campaign's highest-earning day to date with $4.18 million in revenue.
House Republicans took aim on Thursday at the Georgia prosecutor bringing a sweeping felony racketeering case against former President Trump for his efforts to overturn the 2020 election, moving to investigate the woman pursuing the case just hours before Trump was booked at an Atlanta jail.
Taking a dig at US vice-president Kamala Harris' accent, former president Donald Trump mocked her saying she talks in "rhyme".In a video posted on X , Trump speaking to former Fox News presenter Tucker Carlson is seen saying, "She speaks in rhyme.
The first Republican presidential debate has resulted in fundraising boosts for some candidates. Biotech entrepreneur Vivek Ramaswamy has raised $450,000 since the debate, with an average donation of $38. Ramaswamy, who criticized rivals during the debate, has largely been self-funding his campaign and raised over $7.7 million in the second quarter. Other candidates, such as South Carolina Sen. Tim Scott and Florida Gov. Ron DeSantis, have also made fundraising appeals. Some candidates have used creative methods, like giving away "Biden Relief Cards," to meet the Republican National Committee's donor requirements.
Tropical Storm Franklin is bringing heavy rain and flash flooding to the Dominican Republic and is expected to move north across the country. The storm has caused power outages, displaced hundreds of people, and led to the closure of airports and schools. Parts of Hispaniola, shared by the Dominican Republic and Haiti, are expected to receive between six and 12 inches of rain. The storm is currently disorganized due to strong winds, but it is expected to strengthen once it emerges over the Atlantic. This year's Atlantic hurricane season is predicted to be near-normal with 14 to 21 storms.
Former President Donald Trump is expected to surrender at the Fulton County Jail in Atlanta to face charges of attempting to overturn the 2020 election. The jail's conditions are currently under investigation by the Justice Department due to allegations of being unsafe and unsanitary. Trump and his co-defendants have until Friday to surrender voluntarily. The jail has set up a tight security perimeter, and recent reports have highlighted problems such as overcrowding and deaths of detainees. Trump will undergo standard booking procedures, including fingerprinting and a mugshot, despite not having to do so in previous arrests this year.
The Teamsters union representing UPS workers has announced that its members have voted to approve the tentative contract agreement reached last month. The national contract was ratified by 86% of the votes cast, making it the highest vote for a contract in the history of the Teamsters at UPS. The agreement includes improved pay and benefits for workers, as well as changes to holiday policies and safety issues. The contract will go into effect once all supplemental agreements, except for one in Florida, are renegotiated and ratified.
Larry Rudolph, a wealthy dentist, is expected to receive a life sentence for the murder of his wife, Bianca Rudolph, during an African safari in Zambia. Prosecutors claim he shot her and then staged the scene to look like an accident, intending to cash in on insurance policies totaling almost $5 million.
Indian-American supporters of Nikki Haley believe her moderate approach to divisive issues can attract both Republicans and Democrats, enhancing her presidential candidacy. Seen as a unifying figure, Haley's campaign strategies, grassroots engagement, and cross-spectrum appeal are gaining traction, making her a competitive candidate for the 2024 election. Trump is leading with 55.5%.
