Nursing mothers are selling and donating their milk using Facebook groups, and experts have mixed views about it

The problem is particularly acute for parents of sick or premature infants, who may not be able to digest formula as well as human milk. So to find parents who wanted it, Davis joined several private groups on Facebook that are dedicated to human breast milk exchange. Others are open pages, like the Human Milk 4 Human Babies Global Network, which has more than 80,000 likes. No controlsMost of the groups that have popped up on Facebook specialize in donated milk from mothers like Davis. It’s poss


The problem is particularly acute for parents of sick or premature infants, who may not be able to digest formula as well as human milk. So to find parents who wanted it, Davis joined several private groups on Facebook that are dedicated to human breast milk exchange. Others are open pages, like the Human Milk 4 Human Babies Global Network, which has more than 80,000 likes. No controlsMost of the groups that have popped up on Facebook specialize in donated milk from mothers like Davis. It’s poss
Nursing mothers are selling and donating their milk using Facebook groups, and experts have mixed views about it Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-07  Authors: christina farr
Keywords: news, cnbc, companies, facebook, human, davis, mixed, breast, babies, son, mothers, milk, groups, donated, selling, using, san, views, experts, nursing, donor


Nursing mothers are selling and donating their milk using Facebook groups, and experts have mixed views about it

Bojan Fatur | E+ | Getty Images

Within weeks of giving birth, first-time mother Kyra Davis realized she was producing more milk than her baby needed. So she began storing it in her fridge and freezer at her San Francisco home. Davis had heard about the well-documented shortages at donor banks across the country. The problem is particularly acute for parents of sick or premature infants, who may not be able to digest formula as well as human milk. So to find parents who wanted it, Davis joined several private groups on Facebook that are dedicated to human breast milk exchange. Some of these Facebook groups are closed, meaning that outsiders can view them but cannot join without approval, such as Human Milk For Babies, a group that has more than two thousand members and promotes donation rather than sales of milk, and Buy, Sell, and Donate Breast Milk, with more than 5,000 members. Others are open pages, like the Human Milk 4 Human Babies Global Network, which has more than 80,000 likes.

Kyra Davis and her son Jude Kyra Davis

Davis is now donating her milk to about 7 or 8 families, most of whom she met on Facebook. They’ll pick up 50 ounces or more from her — enough to feed very young babies for at least two days, in most cases — and will often bring small tokens of their appreciation, like a home-cooked meal. Davis does not accept payment for her milk and has donated it in the Bay Area and in Hawaii, where she was recently on vacation. In an interview, Davis said she was driven by a desire to give back. When her infant, Jude, was in the neo-natal intensive care unit at the University of California San Francisco, she was given a “high suction” hospital grade pump to stimulate her supply. She put her energies into that, and her milk came in strongly and quickly. So she thought about donating it to the bank there, but felt overwhelmed by all the logistical hurdles when her son was still in recovery. The American Academy of Pediatrics has made human milk a standard of care for premature babies. But in many cases, the lack of supply has means that the milk is reserved for only the most premature infants. It struck Davis while in the hospital that if she had struggled to produce milk, Jude might not be at the top of the list, as he wasn’t born early.

No controls

Most of the groups that have popped up on Facebook specialize in donated milk from mothers like Davis. But some offer to sell their oversupply for upwards of $3 an ounce. And outside of Facebook, so-called “underground” websites have proliferated that take advantage of the growing demand for breast milk, with some selling it for up to $16 per ounce. That would represent hundreds of dollars a month in out-of-pocket expenses for a family, meaning only wealthy parents could afford it. Davis says she is committed to her own health and well-being, and has stuck to the guidelines about things like alcohol consumption while breastfeeding. She’s also careful about how she stores her milk to prevent contamination. But some medical experts fear that not everyone is as vigilant. Susan Crowe, an obstetrician who sits on the board of a breast milk bank in San Jose, Calif., noted when researchers in 2015 studied samples of breast milk purchased online, they uncovered that about 10 percent had been tainted with cow’s milk. The researchers speculated that it was a way for the sellers to make more money. Crowe said there haven’t been many studies like donated versus sold milk. It’s possible, she noted, that risks are lower for donated milk because the motives are different. But she also explained that at donor banks, breast milk has been pasteurized and tested for infectious diseases, and there are numerous other guardrails in place to ensure it is safe for the infant. With donor milk acquired on Facebook, there are no such guarantees. In fact, the American Academy of Pediatrics and U.S. Food and Drug administration recommend against internet-based milk-sharing sites, according to the Center for Disease Control, and guide mothers to donation-based human milk banks instead. Meanwhile, some investors are beginning to see an opportunity in the space. Vanessa Larco, a venture capitalist at New Enterprise Associates, experienced her own struggles with breastfeeding after her own son was born. She’s developed an interest in infant nutrition as a result, and has been thinking deeply about opportunities to bridge the gap by making it easier for women to access safe and high-quality donor breast milk when supplies are running low. “I’m deeply passionate about this and have been thinking deeply about the right way to do it,” she said.

‘Breast is best’


Company: cnbc, Activity: cnbc, Date: 2019-07-07  Authors: christina farr
Keywords: news, cnbc, companies, facebook, human, davis, mixed, breast, babies, son, mothers, milk, groups, donated, selling, using, san, views, experts, nursing, donor


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After years of spending, tech’s political machine turns to high gear

When Sen. Josh Hawley, R-Mo., introduced legislation last month aimed at major technology companies, a near-endless parade of groups quickly voiced disapproval. TechFreedom, a tech-focused Washington nonprofit, said the proposal would “set up a partisan bloodmatch” between big companies and regulators. The Computer & Communications Industry Association said the bill would set up “government censorship of online speech” and limit freedom. Each of those think tanks and advocacy groups is backed by


When Sen. Josh Hawley, R-Mo., introduced legislation last month aimed at major technology companies, a near-endless parade of groups quickly voiced disapproval. TechFreedom, a tech-focused Washington nonprofit, said the proposal would “set up a partisan bloodmatch” between big companies and regulators. The Computer & Communications Industry Association said the bill would set up “government censorship of online speech” and limit freedom. Each of those think tanks and advocacy groups is backed by
After years of spending, tech’s political machine turns to high gear Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: allan smith, mary catherine wellons
Keywords: news, cnbc, companies, washington, political, machine, gear, high, google, groups, bill, institute, think, turns, facebook, internet, techs, companies, tech, spending


After years of spending, tech's political machine turns to high gear

Colin Stretch (L), General Counsel of Facebook, Sean Edgett (C), Acting General Counsel of Twitter, and Richard Salgado (R), Director of Law Enforcement And Information Security of Google, are sworn in prior to testifying during a US Senate Judiciary Subcommittee on Crime and Terrorism hearing on Russian influence on social networks on Capitol Hill in Washington, DC, October 31, 2017.

When Sen. Josh Hawley, R-Mo., introduced legislation last month aimed at major technology companies, a near-endless parade of groups quickly voiced disapproval.

There was plenty of pushback from tech advocacy groups.

TechFreedom, a tech-focused Washington nonprofit, said the proposal would “set up a partisan bloodmatch” between big companies and regulators. The Electronic Frontier Foundation, a tech-focused civil liberties nonprofit, said it would “let the government decide who speaks.” Engine Advocacy, an organization that advocates for policies that help startups, said the legislation, “in an effort to address a nonexistent problem” would “dismantle the sensible regulatory regime that is responsible for the development of the Internet.” The Computer & Communications Industry Association said the bill would set up “government censorship of online speech” and limit freedom.

Those concerns were echoed by a litany of conservative and libertarian-leaning think tanks. Libertarian think tank R Street said the legislation “hurts conservatives” while the Competitive Enterprise Institute, another conservative think tank, said it was “highly regulatory and should be rejected.” The Cato Institute, the American Enterprise Institute, and Americans for Prosperity lambasted the proposal too, calling it “the latest potential disaster ” that “would blow up the internet. ”

Each of those think tanks and advocacy groups is backed by Google, Facebook or both. The companies are not only two of the main targets of Hawley’s bill, but they’re also the focus of broader political scrutiny that now spans both parties and has spilled over into the Democratic presidential race.

With lawmakers ramping up debate over privacy, antitrust and, in Hawley’s case, legal protections the platforms rely on, the Silicon Valley giants are unleashing some of the Washington power they’ve spent the past few years building up, going from a low-key player into the biggest spender in D.C.

And while tech-funded think tanks and advocacy groups have fought other initiatives, the fervor over Hawley’s bill has revealed just how well powerful companies have laid the foundation in Washington to fight efforts to rein them in.

“I’ve never seen pushback in such a fashion before,” Terry Schilling, executive director of the American Principles Project, a conservative think tank, told NBC News. “Even with net neutrality, these groups were all over the place — even though Facebook and Google supported it. It’s safe to say that it’s largely due to pressure from the social media giants that hasn’t been seen before.”

In recent years — after relatively little interaction between Silicon Valley and Capitol Hill — Google and Facebook have ramped up their spending on lobbying, with both companies spending more on such services in 2018 than any year prior, data from the Center for Responsive Politics showed.

Alphabet, Google’s parent company, spent more on federal lobbying than any other company in 2018 at more than $21.7 million. Facebook spent nearly $13 million. That does not include money those companies have spent bolstering think tanks and other Washington influencers, who help shape discussion about policies that affect those companies.

Of course, that comes as the tech giants face calls to be broken up from politicians including Massachusetts Sen. Elizabeth Warren, a Democratic presidential contender, and amid a broader bipartisan push for more stringent regulations and intense scrutiny in Capitol Hill hearings.

“Corporate funded groups are always engaged in issues like this; have done so for many years,” Jeffrey Chester, executive director of the nonprofit Center for Digital Democracy, told NBC News. “But clearly the stakes are higher now, because we have never ever had a time when serious regulation (privacy, antitrust) is on the agenda. And bipartisan. So [last month’s] reaction shows there are five-alarm bells ringing in D.C. from Google and Facebook that have galvanized the groups they support.”

The connection goes as follows: Google provides, in its own terms, “substantial funding” to R Street, the Electronic Frontier Foundation, Engine Advocacy, the Computer & Communications Industry Association, TechFreedom, the Cato Institute, and AEI. Those organizations also receive funding from a variety of other corporate benefactors.

Google, in addition to Facebook, also backs the Competitive Enterprise Institute, while Facebook has provided backing for Americans for Prosperity through The State Policy Network.

Earlier this year, Wired reported on how Google specifically influences Washington, D.C., noting that experts aligned with the company’s viewpoints “frame populist fervor to regulate Big Tech as the work of unserious ‘hipster antitrust’ activists who don’t understand the law, and argue that consumers are better off with the status quo.”

“Scholars and experts may hold these positions independent of financial incentives from tech companies like Google, but both regulators and the public are sometimes left in the dark about potential conflicts of interest,” Wired added.

Google and Facebook did not respond to requests for comment from NBC News.

Hawley’s bill is hardly without opposition from non-tech sources.

A first-term senator who has made battling big tech core to his brand, Hawley proposed the Ending Support for Internet Censorship Act, which would make big tech platforms liable for content posted by their users unless they can earn immunity through FTC audits that prove they’re “politically neutral” when it comes to their algorithms and content-removal practices. The legislation would alter protections enjoyed by tech platforms under Section 230 of the 1996 Communications Decency Act.

Critics of all stripes have said that if those protections were to change, the internet “would probably be decimated overnight ” and that changes to the law could create the opposite effect, causing platforms to purge many more users.

“Senator Hawley has written a bill to deputize the federal government as the Speech Police in flagrant violation of the First Amendment,” Sen. Ron Wyden, D-Ore., and a major player in the passage of the Communications Decency Act, said in a statement.

Meanwhile, the Internet Association — a lobbying group that includes Google and Facebook as members but advocates on industry-wide issues and counts many tech companies in its fold — issued a strong rebuke of the proposal, indicating the totality of the tech objection to the proposal.

Matt Stoller, a fellow at the Open Markets Institute who focuses on monopoly power, told NBC News that last time he “saw this kind of collective temper tantrum by all their trade groups was” during the legislative battle over a pair of bills aimed at curtailing sex trafficking online, which altered Section 230 to remove liability protection for sites that “knowingly” publish any material pertaining to sex trafficking.

But, unlike Hawley’s bill — which Stoller says he does not support — much of that backlash was joined by grassroots activism from sex workers, advocates and survivors of sex trafficking.

On the Hawley bill, Schilling said: “It’s a very tough case to make that the Facebook and Google money don’t play a factor in such a strong and united pushback on this issue.”


Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: allan smith, mary catherine wellons
Keywords: news, cnbc, companies, washington, political, machine, gear, high, google, groups, bill, institute, think, turns, facebook, internet, techs, companies, tech, spending


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Ahead of UK visit, Trump says Boris Johnson would be ‘excellent’ next prime minister for Britain

Apparel retail earnings haven’t been this bad since the Great…Apparel retailers’ earnings, as a group, are down 24% for the first quarter of 2019, according to an analysis by Retail Metrics. The last time the group’s earnings were this…Retailread more


Apparel retail earnings haven’t been this bad since the Great…Apparel retailers’ earnings, as a group, are down 24% for the first quarter of 2019, according to an analysis by Retail Metrics. The last time the group’s earnings were this…Retailread more
Ahead of UK visit, Trump says Boris Johnson would be ‘excellent’ next prime minister for Britain Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-31  Authors: emma newburger
Keywords: news, cnbc, companies, minister, retailers, uk, retail, visit, britain, earnings, trump, metrics, boris, groups, group, quarter, havent, ahead, prime, greatapparel, johnson, thisretailread, excellent


Ahead of UK visit, Trump says Boris Johnson would be 'excellent' next prime minister for Britain

Apparel retail earnings haven’t been this bad since the Great…

Apparel retailers’ earnings, as a group, are down 24% for the first quarter of 2019, according to an analysis by Retail Metrics. The last time the group’s earnings were this…

Retail

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Company: cnbc, Activity: cnbc, Date: 2019-05-31  Authors: emma newburger
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Business groups are considering legal action against the White House over Mexico tariffs

U.S. business groups are considering suing the White House over the Trump administration’s new tariffs on Mexican imports. The powerful U.S. Chamber of Commerce is mulling its legal options in response to the duties, the group’s senior vice president of international affairs, John Murphy, told reporters Friday. Murphy said the group has no choice but to look into every option to push back against the tariff policy. Business groups more broadly are discussing the possibility of suing the White Ho


U.S. business groups are considering suing the White House over the Trump administration’s new tariffs on Mexican imports. The powerful U.S. Chamber of Commerce is mulling its legal options in response to the duties, the group’s senior vice president of international affairs, John Murphy, told reporters Friday. Murphy said the group has no choice but to look into every option to push back against the tariff policy. Business groups more broadly are discussing the possibility of suing the White Ho
Business groups are considering legal action against the White House over Mexico tariffs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-31  Authors: jacob pramuk kayla tausche stephanie dhue, jacob pramuk, kayla tausche, stephanie dhue
Keywords: news, cnbc, companies, mexico, white, tariffs, suing, trump, vice, told, groups, business, murphy, action, house, considering, legal


Business groups are considering legal action against the White House over Mexico tariffs

U.S. business groups are considering suing the White House over the Trump administration’s new tariffs on Mexican imports.

The powerful U.S. Chamber of Commerce is mulling its legal options in response to the duties, the group’s senior vice president of international affairs, John Murphy, told reporters Friday. Murphy said the group has no choice but to look into every option to push back against the tariff policy.

Business groups more broadly are discussing the possibility of suing the White House, a source told CNBC. A decision on how to proceed is expected by Monday.

While top business organizations have repeatedly slammed tariffs Trump levied on trading partners such as Mexico, Canada and China, a lawsuit would mark a major escalation in their opposition to White House trade policy.


Company: cnbc, Activity: cnbc, Date: 2019-05-31  Authors: jacob pramuk kayla tausche stephanie dhue, jacob pramuk, kayla tausche, stephanie dhue
Keywords: news, cnbc, companies, mexico, white, tariffs, suing, trump, vice, told, groups, business, murphy, action, house, considering, legal


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Iran has mobilized all resources to sell oil in ‘grey market’: State media

Here’s what cybercriminals do during the workday, it might not… Researchers from IBM and Google described how cybercriminal groups operate, and often mimic the behavior of companies, including the one you might work for. Cybersecurityread more


Here’s what cybercriminals do during the workday, it might not… Researchers from IBM and Google described how cybercriminal groups operate, and often mimic the behavior of companies, including the one you might work for. Cybersecurityread more
Iran has mobilized all resources to sell oil in ‘grey market’: State media Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-05
Keywords: news, cnbc, companies, mimic, including, workday, resources, media, work, operate, ibm, sell, heres, groups, iran, notresearchers, oil, state, mobilized, grey, market, google


Iran has mobilized all resources to sell oil in 'grey market': State media

Here’s what cybercriminals do during the workday, it might not…

Researchers from IBM and Google described how cybercriminal groups operate, and often mimic the behavior of companies, including the one you might work for.

Cybersecurity

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Company: cnbc, Activity: cnbc, Date: 2019-05-05
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US education groups McGraw-Hill and Cengage reportedly plan an all-stock merger

Massive Saudi wealth fund zeros in on China, plans to open new… The Saudi Public Investment Fund (PIF) is one of the Middle East’s largest, with some $300 billion in assets under management and an aim to increase that to $2 trillion by…World Economyread more


Massive Saudi wealth fund zeros in on China, plans to open new… The Saudi Public Investment Fund (PIF) is one of the Middle East’s largest, with some $300 billion in assets under management and an aim to increase that to $2 trillion by…World Economyread more
US education groups McGraw-Hill and Cengage reportedly plan an all-stock merger Cached Page below :
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Keywords: news, cnbc, companies, wealth, public, merger, cengage, allstock, zeros, pif, newthe, education, plan, fund, mcgrawhill, saudi, reportedly, plans, trillion, open, groups


US education groups McGraw-Hill and Cengage reportedly plan an all-stock merger

Massive Saudi wealth fund zeros in on China, plans to open new…

The Saudi Public Investment Fund (PIF) is one of the Middle East’s largest, with some $300 billion in assets under management and an aim to increase that to $2 trillion by…

World Economy

read more


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Facebook is rolling out the biggest change to its app in the past five years

Facebook will roll out the biggest change to its app in the past five years on Tuesday, CEO Mark Zuckerberg announced at the company’s F8 Developer Conference. The new version of the app marks an early step toward Zuckerberg’s new privacy and messaging focused vision for the platform. “FB5” marks the fifth “major version” of the app, Zuckerberg said, which will emphasize groups and community to a greater extent than the previous designs. “It has a much bigger focus on communities and making comm


Facebook will roll out the biggest change to its app in the past five years on Tuesday, CEO Mark Zuckerberg announced at the company’s F8 Developer Conference. The new version of the app marks an early step toward Zuckerberg’s new privacy and messaging focused vision for the platform. “FB5” marks the fifth “major version” of the app, Zuckerberg said, which will emphasize groups and community to a greater extent than the previous designs. “It has a much bigger focus on communities and making comm
Facebook is rolling out the biggest change to its app in the past five years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: lauren feiner
Keywords: news, cnbc, companies, app, marks, roll, change, version, biggest, rolling, facebook, groups, communities, focus, past, zuckerberg


Facebook is rolling out the biggest change to its app in the past five years

Facebook will roll out the biggest change to its app in the past five years on Tuesday, CEO Mark Zuckerberg announced at the company’s F8 Developer Conference.

The new version of the app marks an early step toward Zuckerberg’s new privacy and messaging focused vision for the platform. “FB5” marks the fifth “major version” of the app, Zuckerberg said, which will emphasize groups and community to a greater extent than the previous designs.

“It has a much bigger focus on communities and making communities as central as friends,” Zuckerberg said, highlighting the app’s simpler design. “The app isn’t even blue anymore,” he said, chuckling, adding that Facebook’s icon will be modernized as well.

As the app shifts to focus on groups, Zuckerberg said the company will take measures to ensure that it is not recommending users to join groups made for the purpose of spreading misinformation, a problem for which Facebook has been criticized intensely over the past year. At the beginning of the conference, Zuckerberg acknowledged, “I get that a lot of people aren’t sure that we’re serious about this,” referencing his new privacy-focused strategy in light of its recent scandals.

The new version will roll out in the U.S. on Tuesday and will continue to roll out around the world in the coming weeks. Facebook is also working on a new version of its desktop website, which Zuckerberg said is coming later this year.

Subscribe to CNBC on YouTube.

Watch: Investors are excited about innovation at Facebook, says analyst


Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: lauren feiner
Keywords: news, cnbc, companies, app, marks, roll, change, version, biggest, rolling, facebook, groups, communities, focus, past, zuckerberg


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ISIS leader Abu Bakr al-Baghdadi appears in video for first time in 5 years

This image made from video posted on a militant website on Monday, April 29, 2019, purports to show the leader of the Islamic State group, Abu Bakr al-Baghdadi, being interviewed by his group’s Al-Furqan media outlet. The SITE Intelligence group said Abu Bakr al-Baghdadi, in the video, also discussed the Easter Day bombings in Sri Lanka which killed over 250 people and for which the group claimed responsibility. It is his first video appearance since he delivered a sermon at the al-Nuri mosque i


This image made from video posted on a militant website on Monday, April 29, 2019, purports to show the leader of the Islamic State group, Abu Bakr al-Baghdadi, being interviewed by his group’s Al-Furqan media outlet. The SITE Intelligence group said Abu Bakr al-Baghdadi, in the video, also discussed the Easter Day bombings in Sri Lanka which killed over 250 people and for which the group claimed responsibility. It is his first video appearance since he delivered a sermon at the al-Nuri mosque i
ISIS leader Abu Bakr al-Baghdadi appears in video for first time in 5 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: david k li, charlie gile
Keywords: news, cnbc, companies, syria, groups, appears, leader, isis, bakr, terror, group, battle, long, syrian, appeared, albaghdadi, video, abu


ISIS leader Abu Bakr al-Baghdadi appears in video for first time in 5 years

This image made from video posted on a militant website on Monday, April 29, 2019, purports to show the leader of the Islamic State group, Abu Bakr al-Baghdadi, being interviewed by his group’s Al-Furqan media outlet.

The shadowy leader of the Islamic State group appeared for the first time in five years in a video released by the extremist group’s propaganda arm on Monday, acknowledging defeat in the group’s last stronghold in Syria but vowing a “long battle” ahead.

The SITE Intelligence group said Abu Bakr al-Baghdadi, in the video, also discussed the Easter Day bombings in Sri Lanka which killed over 250 people and for which the group claimed responsibility.

The video released by Al-Furqan on Monday shows al-Baghdadi with a bushy gray and red beard, wearing a black robe with a beige vest and seated on the floor with what appears to be a machine gun propped up next to him. He is speaking with three men seated opposite him whose faces were covered and blotted out.

It is his first video appearance since he delivered a sermon at the al-Nuri mosque in the Iraqi city of Mosul in 2014. In that video, he appeared as a black-robed figure with a trimmed black beard to deliver a sermon from the pulpit of the mosque in which he urged Muslims around the world to swear allegiance to the caliphate and obey him as its leader.

Al-Baghdadi acknowledged that IS lost the war in the eastern Syrian village of Baghouz, which was captured last month by the U.S.-backed Kurdish-led Syrian Democratic Forces.

“In fact, the battle of Islam and its people against the Crusaders and their followers is a long battle,” he said.

He said the battle of Baghouz demonstrated the “barbarism and brutality” of the West and the “courage, steadfastness and resilience of the nation of Islam.”

“This steadfastness shocked the hearts of the Crusaders in what increased their rage,” he added.

It is unclear when or where the video was filmed. Al-Baghdadi spoke slowly and haltingly in the video.

With a $25 million U.S. bounty on his head, al-Baghdadi is the world’s most wanted man, responsible for steering his chillingly violent organization into mass slaughter of opponents, and directing and inspiring terror attacks across continents and in the heart of Europe.

Despite numerous claims about his death in the past few years, al-Baghdadi’s whereabouts remain a mystery. He appeared in public only once, in 2014. Since then, many of his top aides have been killed, mostly in U.S.-led coalition airstrikes.

He is among the few senior IS commanders still at large after two years of steady battlefield losses that saw the self-styled “caliphate” shrink from an area the size of Britain to a tiny speck in the Euphrates River valley.

Although largely seen as a symbolic figurehead of the global terror network — he was described as “irrelevant for a long time” by a coalition spokesman in 2017 — al-Baghdadi’s capture would be a coveted prize for the various players across both Syria and Iraq.

But so far, he has eluded the Americans, Russians, Syrians, Iraqis and Kurds.


Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: david k li, charlie gile
Keywords: news, cnbc, companies, syria, groups, appears, leader, isis, bakr, terror, group, battle, long, syrian, appeared, albaghdadi, video, abu


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Volkswagen plans to take on Tesla’s Model X in China

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up production of zero emissions vehicles. The planned new SUV is the latest move in Volkswagen’s aggressive growth strategy in China, where electric cars are given preferential treatment by authorities. VW Chief Executive Herbert Diess said the ID ROOMZ will be the flagship electric car to be launched by Volkswagen in China.


Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up production of zero emissions vehicles. The planned new SUV is the latest move in Volkswagen’s aggressive growth strategy in China, where electric cars are given preferential treatment by authorities. VW Chief Executive Herbert Diess said the ID ROOMZ will be the flagship electric car to be launched by Volkswagen in China.
Volkswagen plans to take on Tesla’s Model X in China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: picture alliance, getty images
Keywords: news, cnbc, companies, cars, car, production, teslas, china, id, suv, volkswagen, vw, plans, groups, electric, roomz, model


Volkswagen plans to take on Tesla's Model X in China

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as the German carmaker ramps up production of zero emissions vehicles.

The planned new SUV is the latest move in Volkswagen’s aggressive growth strategy in China, where electric cars are given preferential treatment by authorities.

VW said its ID ROOMZZ, which it presented in Shanghai on Sunday, will have three rows of seats and an operating range of up to 450 kms. The concept car is capable of a “level 4 autonomous driving”, VW said.

VW Chief Executive Herbert Diess said the ID ROOMZ will be the flagship electric car to be launched by Volkswagen in China.

“We plan to produce more than 22 million electric cars in the next 10 years,” Diess said, adding that around half of VW’s engineers were working on products destined for China.

Diess said the ID ROOMZ would eventually be rolled out to other markets.

To enhance the VW Group’s research and development capabilities, Volkswagen and its premium brand Audi will combine their R&D operations in China.

VW brand’s head of e-mobility Thomas Ulbrich said the carmaker will start ramping up production of 33 electric cars by mid-2023, using VW Group’s modular electric car (MEB) platform to build electric cars for the Skoda, Seat, Audi and VW brands.

Ulbrich said VW Group is converting 16 factories worldwide to enable mass production of electric vehicles, of which eight plants will be making VW branded car.


Company: cnbc, Activity: cnbc, Date: 2019-04-14  Authors: picture alliance, getty images
Keywords: news, cnbc, companies, cars, car, production, teslas, china, id, suv, volkswagen, vw, plans, groups, electric, roomz, model


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Stock market winners list this year features odd bedfellows in ‘FANG’ and utility stocks

But the stock market is again in a phase where inequality issues among stocks, sectors and investment styles have become stark. This is why the FANG club and other popularly anointed growth stocks in its orbit do well when the market is clinging to “quality” and “defensive growth.” FANG (Facebook, Amazon, Netflix and Google parent Alphabet) plus Microsoft (now the largest stock in the market and very much grouped with FANG) make up 12.6 percent of the S&P 500 market value. For the entire S&P 500


But the stock market is again in a phase where inequality issues among stocks, sectors and investment styles have become stark. This is why the FANG club and other popularly anointed growth stocks in its orbit do well when the market is clinging to “quality” and “defensive growth.” FANG (Facebook, Amazon, Netflix and Google parent Alphabet) plus Microsoft (now the largest stock in the market and very much grouped with FANG) make up 12.6 percent of the S&P 500 market value. For the entire S&P 500
Stock market winners list this year features odd bedfellows in ‘FANG’ and utility stocks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: michael santoli, adam jeffery
Keywords: news, cnbc, companies, stocks, odd, names, way, winners, utility, features, fang, 500, groups, list, bedfellows, market, stock, real, sp, growth


Stock market winners list this year features odd bedfellows in 'FANG' and utility stocks

The markets are never fully democratic or egalitarian in their allocation of rewards and burdens. But the stock market is again in a phase where inequality issues among stocks, sectors and investment styles have become stark.

As in the broader society, this divide between haves and have-nots has triggered a debate about what it means for the long-term health of the market.

Even before the indexes staggered Friday, with the S&P 500 dropping 1.8 percent from a five-month high, the performance across the expanse of the market had been uneven, with select groups of stocks leading and many others wallowing.

The tape has shown a strong preference for very big companies over smaller ones, organic-growth vehicles over economically cyclical plays and groups offering a reliable stream of cash flow and income over all others.

Starting with the broad numbers, only a minority of stocks are in an uptrend, trading above their 200-day average, even as the broad indexes themselves have spent most of the past two months above theirs.

Jonathan Krinsky of Bay Crest Partners shows fewer than 40 percent of the inclusive Russell 3000 index are above their 200-day mark.

Source: Bay Crest Partners

This largely reflects the way small-cap stocks have rolled over in recent weeks, with new money congregating in the familiar giants of the Nasdaq. A one-month comparison of the Invesco Nasdaq 100 ETF (QQQ) and the small-cap Russell 2000 illustrates this split.

Source: Yahoo Finance

After leading the ferocious market bounce off the late-December bottom, value stocks and more cyclical names have given way to big growth names with less reliance on a pickup in economic activity.

Another way to view this: Stocks that act more like bonds are what investors prefer at the moment. Certainly this is behind the strong outperformance of the real estate and utilities sectors, which both hit fresh highs last week. Every S&P utility stock is above its 50-day average, as are 88 percent of real estate names and 78 percent of the consumer-staples sector.

But this is not just about dividend income holding appeal in a yield–scarce world. Big, dominant tech platforms and global branded-goods companies also get credit in the market’s unspoken logic as bond surrogates. Their cash flows are seen as durable and are expected to continue for many years to come.

This is why the FANG club and other popularly anointed growth stocks in its orbit do well when the market is clinging to “quality” and “defensive growth.” This also means the stocks that appear more expensive have been more in demand — making them more expensive. (Utilities, real estate, tech and staples — the strongest groups lately — are also the only ones with a premium valuation to the S&P 500.)

FANG (Facebook, Amazon, Netflix and Google parent Alphabet) plus Microsoft (now the largest stock in the market and very much grouped with FANG) make up 12.6 percent of the S&P 500 market value.

That’s about one-eighth of the index, comprised of five stocks. The blended price/earnings multiple on 2019 forecast profits of FANG-plus-Microsoft is 29.5. For the entire S&P 500, the P/E is 16.6. For the 495 S&P 500 names aside from FANG-plus-Microsoft, the multiple is 14.8.


Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: michael santoli, adam jeffery
Keywords: news, cnbc, companies, stocks, odd, names, way, winners, utility, features, fang, 500, groups, list, bedfellows, market, stock, real, sp, growth


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