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Yahoo
2 days ago
- Politics
- Yahoo
The Atlantic Expands Reporting on Defense, Military Intelligence, and Global Conflict: National Security Section and Newsletter Launch Today
The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. The Atlantic is launching a new section that marks a dramatic expansion of reporting at the intersection of national defense, technology, and global conflict. New reporting will appear in a just-launched National Security section and newsletter. The Atlantic's August issue is also devoted to the topic: the cover package, 'Eighty Years on the Edge,' examines the past eight decades of life in the Atomic Age. The Atlantic—already known for its leading coverage of foreign policy and defense—has been scaling its newsroom to add more reporting in this space, led by editor in chief Jeffrey Goldberg and staff writers Anne Applebaum, Shane Harris, Tom Nichols, Missy Ryan, Isaac Stanley-Becker, Nancy Youssef, and many others. Today it announces the newest member of this team: Vivian Salama, who has most recently covered the White House and national security for The Wall Street Journal, and was previously a reporter for the AP, CNN, and NBC. Her reporting has taken her across America and to more than 85 countries. In a note to readers about this reporting expansion, Goldberg writes: 'Today, as the post–World War II international order constructed and maintained by the United States is under unprecedented pressure (from within and without), issues of national defense and America's role in the world are among the most urgent we face. Which is why The Atlantic is committed to rapidly and dramatically expanding the scope and scale of our coverage.' New reporting for today's launch: – '': Contributing writer and Black Hawk Down author Mark Bowden profiles the chairman of the Joint Chiefs of Staff, General Dan 'Razin'' Caine, with extensive access to those who know him best. Trump picked Caine for this role at least in part because he loved his nickname; the president has also repeatedly and incorrectly said that it was Caine who donned a MAGA hat with Trump and vowed to 'kill' for him. But this person wasn't Caine. Bowden writes that Caine 'is known to be apolitical, and is genuinely liked. Where Trump is boisterous and self-aggrandizing, Caine is retiring and reflexively self-deprecating. The chairman is openly religious and prays over important decisions.' Bowden writes that it would be hard to list all the points of potential friction in store for Caine; Trump is given to flashy displays and fancy and expensive new armaments at a time when the military's industrial base is incapable of meeting basic demand for munitions. He writes: 'Caine's hasty elevation may also put him in the awkward position of having to deal with service chiefs and combatant commanders whom he now outranks. There is a danger, from both the Pentagon and the White House, that he will find himself sidelined. And if Trump doesn't like what he hears from his top military adviser, he can always just stop listening—or send Caine to join Brown, Milley, Mattis, and Kelly in private life.' – '': Staff writer Ross Andersen reports from South Korea and Japan that as American power recedes, these countries may pursue nuclear programs. His article explores the idea that with all the recent focus on Iran, East Asia is where the world's fastest buildups of nuclear warfare are unfolding, in China and North Korea. He writes that 'a dangerous proliferation cascade may be about to break out, right in the shadow of Hiroshima. It would likely start in South Korea, and spread first to Japan. It might not stop there. The decades-long effort to keep nuclear weapons from spreading across the planet may be about to collapse.' – '': Retired Army Special Forces Officer Mike Nelson writes that Hegseth risks creating a false dichotomy: that one must choose between lethality and professionalism. This view comes at a cost to operational effectiveness as well as moral clarity. For all the complaints about weakness and wokeness, Nelson writes, America's military remains at its most effective when inspired to maintain both its professionalism and its warrior culture. Last week, we published editor in chief Jeffrey Goldberg on how the only way to win at nuclear roulette is to stop playing; Tom Nichols on why the power to launch nuclear weapons rests with a single American and the danger that involves; and the writer Noah Hawley on Kurt Vonnegut and the bomb. And later this week, deputy managing editor Andrew Aoyama writes about Joseph Kurihara, a Japanese American activist who was interned during WWII, after fighting for the U.S. during WWI. Press Contact: Anna Bross, The Atlantic | press@ Article originally published at The Atlantic
Atlantic
2 days ago
- Politics
- Atlantic
The Atlantic Expands Reporting on Defense, Military Intelligence, and Global Conflict: National Security Section and Newsletter Launch Today
The Atlantic is launching a new section that marks a dramatic expansion of reporting at the intersection of national defense, technology, and global conflict. New reporting will appear in a just-launched National Security section and newsletter. The Atlantic 's August issue is also devoted to the topic: the cover package, ' Eighty Years on the Edge,' examines the past eight decades of life in the Atomic Age. The Atlantic —already known for its leading coverage of foreign policy and defense—has been scaling its newsroom to add more reporting in this space, led by editor in chief Jeffrey Goldberg and staff writers Anne Applebaum, Shane Harris, Tom Nichols, Missy Ryan, Isaac Stanley-Becker, Nancy Youssef, and many others. Today it announces the newest member of this team: Vivian Salama, who has most recently covered the White House and national security for The Wall Street Journal, and was previously a reporter for the AP, CNN, and NBC. Her reporting has taken her across America and to more than 85 countries. In a note to readers about this reporting expansion, Goldberg writes: 'Today, as the post–World War II international order constructed and maintained by the United States is under unprecedented pressure (from within and without), issues of national defense and America's role in the world are among the most urgent we face. Which is why The Atlantic is committed to rapidly and dramatically expanding the scope and scale of our coverage.' New reporting for today's launch: – ' Trump's New Favorite General ': Contributing writer and Black Hawk Down author Mark Bowden profiles the chairman of the Joint Chiefs of Staff, General Dan 'Razin'' Caine, with extensive access to those who know him best. Trump picked Caine for this role at least in part because he loved his nickname; the president has also repeatedly and incorrectly said that it was Caine who donned a MAGA hat with Trump and vowed to 'kill' for him. But this person wasn't Caine. Bowden writes that Caine 'is known to be apolitical, and is genuinely liked. Where Trump is boisterous and self-aggrandizing, Caine is retiring and reflexively self-deprecating. The chairman is openly religious and prays over important decisions.' Bowden writes that it would be hard to list all the points of potential friction in store for Caine; Trump is given to flashy displays and fancy and expensive new armaments at a time when the military's industrial base is incapable of meeting basic demand for munitions. He writes: 'Caine's hasty elevation may also put him in the awkward position of having to deal with service chiefs and combatant commanders whom he now outranks. There is a danger, from both the Pentagon and the White House, that he will find himself sidelined. And if Trump doesn't like what he hears from his top military adviser, he can always just stop listening—or send Caine to join Brown, Milley, Mattis, and Kelly in private life.' – ' The Nuclear Club Might Soon Double ': Staff writer Ross Andersen reports from South Korea and Japan that as American power recedes, these countries may pursue nuclear programs. His article explores the idea that with all the recent focus on Iran, East Asia is where the world's fastest buildups of nuclear warfare are unfolding, in China and North Korea. He writes that 'a dangerous proliferation cascade may be about to break out, right in the shadow of Hiroshima. It would likely start in South Korea, and spread first to Japan. It might not stop there. The decades-long effort to keep nuclear weapons from spreading across the planet may be about to collapse.' – ' What Pete Hegseth Doesn't Understand About Soldiers ': Retired Army Special Forces Officer Mike Nelson writes that Hegseth risks creating a false dichotomy: that one must choose between lethality and professionalism. This view comes at a cost to operational effectiveness as well as moral clarity. For all the complaints about weakness and wokeness, Nelson writes, America's military remains at its most effective when inspired to maintain both its professionalism and its warrior culture. Last week, we published editor in chief Jeffrey Goldberg on how the only way to win at nuclear roulette is to stop playing; Tom Nichols on why the power to launch nuclear weapons rests with a single American and the danger that involves; and the writer Noah Hawley on Kurt Vonnegut and the bomb. And later this week, deputy managing editor Andrew Aoyama writes about Joseph Kurihara, a Japanese American activist who was interned during WWII, after fighting for the U.S. during WWI.
Time of India
02-07-2025
- Entertainment
- Time of India
Why Sean Diddy Combs may still have to go to prison despite acquittal
Sean "Diddy" Combs, the hip-hop mogul who turned his music and fashion empire into a billion-dollar legacy, was acquitted Wednesday of the most serious charges against him, including racketeering conspiracy and sex trafficking. But despite the acquittal, Combs still faces the possibility of a lengthy prison sentence after being found guilty on two counts related to prostitution. Each count carries a maximum sentence of 10 years, meaning the 55-year-old music icon could still spend significant time behind bars. U.S. District Judge Arun Subramanian will decide Combs' fate at a later sentencing hearing. The mixed verdict spares Combs from a potential life sentence, but the convictions mark a serious blow to his public image and legal standing. Combs was among the most powerful entertainment figures to be swept up in the post-#MeToo reckoning, joining the ranks of disgraced names like Harvey Weinstein and R. Kelly. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Conheça o óculos militar que os homens 40+ querem Óculos Max Saiba Mais Undo Prosecutors alleged that Combs leveraged his wealth, influence, and business infrastructure to coerce women into sex acts and silence them through threats, violence, and hush money. Though cleared of sex trafficking, testimony from two former girlfriends painted a disturbing picture: both claimed Combs forced them to participate in drug-fueled orgies with male prostitutes—sometimes referred to as 'Freak Offs'—while he watched, filmed, or masturbated. Combs pleaded not guilty to all five felony counts. Since his arrest in September, he has remained in custody at a Brooklyn detention facility—a far cry from his luxurious residences in Los Angeles and Miami. Throughout the trial, Combs' mother and several of his children were seen attending court, showing family support amid a very public fall from grace. Live Events You Might Also Like: Sean Diddy Combs not guilty! Hip-hop mogul acquitted of most serious charges, convicted for prostitution-related offense Born in Harlem and raised by a single mother after his father's death, Combs dropped out of Howard University to pursue music. He rose through the ranks at Uptown Records before founding Bad Boy Records in 1993, launching the careers of artists like Notorious B.I.G., Mary J. Blige, and Usher. Beyond music, Combs cultivated an image of opulence—yachts, diamonds, and extravagant parties—while dating high-profile figures like Jennifer Lopez and launching ventures like Sean John and Revolt TV. In 2022, Forbes estimated his net worth at over $1 billion, though Fortune later reported it had dropped to around $400 million by 2024, partly due to legal troubles. Combs' business empire, prosecutors alleged, also served as a mechanism for control. Testimony revealed that employees helped arrange the sex acts and maintain the secrecy around them. Both accusers—singer Casandra 'Cassie' Ventura and another woman identified as Jane—told jurors they were physically abused and manipulated with threats of leaked sex tapes or withdrawal of financial support. Defense lawyers admitted that Combs was abusive but insisted that the sexual acts were consensual. They presented explicit messages from the accusers to argue that the relationships, while toxic, were not criminal. Even as the criminal trial ends, Combs faces a wave of civil litigation. Ventura filed a high-profile lawsuit against him in late 2023 alleging rape and repeated abuse. The case was settled the next day for $20 million. Several other civil suits—filed by both women and men—remain pending.
CNBC
01-07-2025
- Business
- CNBC
Wall Street is getting worried about a frothy stock market
The S & P 500 ending the first half of the year at a record high is cause for celebration for many, but some Wall Street pros are worried that investors may be getting too excited. Barclays strategist Stefano Pascale was one of several to warn about "froth" in the market in a note to clients on Tuesday. "The Barclays Equity Euphoria Indicator, a proxy of excessive optimism, is back to levels comparable to earlier peaks this year, and not far from the 'Meme stock frenzy' and Dotcom era episodes; SPAC IPO issuance have resuscitated, with issuance so far in the year matching 2023/24 combined; ARKK recently posted [a near record rally], second only to the post Covid surge," Pascale wrote, referring to Cathie Wood's ARK Innovation ETF. ARKK YTD mountain Cathy Wood's Ark Innovation ETF has rallied more than 44% in the past three months. Those periods mentioned by Pascale evoke a handful of stocks that became enduring examples of unbridled speculation, like GameStop in 2021. However, Piper Sandler head of global policy and asset allocation Benson Durham said in a note to clients that the current environment is seeing much broader participation than just a few names favored by retail investors. "Today's mis-valuations are broad-based across S & P 500 sectors and thereby do not owe to tech, the 'Magnificent 7,' etc.," Durham said. Of course, one old investment adage says that valuation is not a timing tool. After all, the meme-stock mania in 2021 burned some well-established hedge fund managers who were short the frothiest stocks, even if those prices did eventually deflate. "While this seems driven more by liquidity than fundamentals, market bubbles are infamously difficult to predict and can endure far longer than anticipated before correcting," Pascale at Barclays said. One key variable that could take some air out of the market is the U.S. economy. The latest leg up for the market has come despite data showing that employment growth has slowed and housing demand is weakening. Investors appear to be too optimistic about the economy, according to Wolfe Research chief economist Stephanie Roth. "Markets are pricing in less than a 5% chance of recession according to our models — well below the unconditional probability of 16% (the historical average across all periods). That said, we think the actual risk is closer to 25%," Roth said in a note to clients. That market optimism could be put the the test soon. ADP private payrolls data for June is due out on Wednesday morning, followed by the Labor Department's June nonfarm payrolls release on Thursday. — CNBC's Michael Bloom contributed reporting.
Japan Forward
01-07-2025
- Business
- Japan Forward
Golden Share in US Steel Deal Marks New Era of Public-Private Cooperation
このページを 日本語 で読む On June 19, following the completion of Nippon Steel's acquisition of major United States steelmaker US Steel, Chairman Eiji Hashimoto held a press conference. He explained that the US government's possession of a so-called "golden share" — a key factor in the Donald Trump administration's approval — signals a broader shift in the global economy. According to Hashimoto, governments and private companies are entering a new era of strategic cooperation, driven largely by intensifying competition with China. Reflecting on the year-and-a-half of negotiations with the US government over Nippon Steel's acquisition of US Steel, Hashimoto remarked, "The Trump administration's decisions weren't unique to the United States. They reflect a broader global trend. That's the key lesson I've taken away." A golden share, a special class of stock that grants veto power over key corporate decisions, has raised concerns among some observers who fear it could constrain US Steel's management following the acquisition. Surprisingly, it was Nippon Steel that proposed the golden share, a mechanism granting permanent oversight to the US government. Hashimoto dismissed concerns over the arrangement, calling the commitments "essentially common sense" and insisting they "pose no real harm." On the contrary, he suggested the move could help fast-track future capital investments with the support of the American administration. The signboard sits in front of the building that houses Nippon Steel headquarters in Tokyo's Chiyoda district. (©Kyodo ) The post–Cold War expansion of free trade, especially after China joined the World Trade Organization (WTO) in 2001, delivered enormous benefits to China, which has since become the United States' primary economic rival. Today, China accounts for more than half of global steel production. Hashimoto argued that as Beijing increasingly favors state-owned enterprises through aggressive industrial policy, Washington's insistence on supervising US Steel signals a broader shift in global economics — away from pure market-driven capitalism and toward a new era of strategic alignment between governments and corporations. Decarbonization, he added, is another challenge that "cannot be solved without public-private cooperation." In addition to the $14.1 billion USD acquisition, Nippon Steel plans to invest a further $11 billion by the end of 2028. While recouping such a massive outlay presents clear challenges, the acquisition cost breaks down to around ¥100,000 JPY ($625 USD) per ton of US Steel's production capacity, a bargain compared to the more than ¥200,000 ($1,250) per ton required to build new facilities in India. Hashimoto called it "an extremely rational deal." If the golden share avoids becoming a vehicle for excessive political interference and instead serves to deepen US–Japan coordination in countering China, then, despite the uphill road ahead, Hashimoto's goal — "to reclaim our place as the world's number one steelmaker" — may no longer be out of reach. Author: Noboru Ikeda, The Sankei Shimbun このページを 日本語 で読む
