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☆ TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban
▼ + stars: | 2024-04-24 | by ( Zach Vallese | ) www.cnbc.com time to read: +7 min

"TikTok allows small businesses and creators to find their people in their community," Nichols told CNBC, ahead of the bill's signing. watch nowNichols joined a number of other TikTok creators in traveling to the Capitol to oppose a potential ban. TikTok creators and influencers, living far out of the realm of politics, have a very different concern. Tony Youn, a plastic surgeon with 8.4 million TikTok followers, said finding a big audience is difficult. WATCH: Senator Markwayne Mullin talks passage of Tiktok ban

Persons: Craig Hudson, Ophelia Nichols, Nichols, Biden, TikTok didn't, Shou Zi Chew, TikTok, Markwayne Mullin, CNBC's, Mullin, they'll, Zi Chew, Sen, John Fetterman, Anna Moneymaker, livestreams, Adam Mosseri, Tony Youn, Youn Organizations: Foreign, Capitol, Washington , D.C, CNBC, Oxford, TikTok, America Survey, Lawmakers, Communist Party, Russell Senate, ByteDance, Getty, YouTube, Meta, Facebook Locations: Washington , U.S, Alabama, Washington ,, Israel, Ukraine, Taiwan, It's, American, U.S, TikTok, United States

☆ AI poster child Altman back at OpenAI, may have fewer checks on power
▼ + stars: | 2023-11-22 | by ( Aditya Soni | ) www.reuters.com time to read: +4 min

[1/3] Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. "Altman seems awfully powerful and it is unclear that any board would be able to oversee him. The board fired Altman last week with little explanation and attempted to move on by naming an interim CEO twice. "The fact that Summers and Taylor will join OpenAI is quite extraordinary and marks a dramatic reversal of fortunes in the company," Valle said. Sutskever, Altman and Taylor could not be immediately reached for comment.

Persons: Sam Altman, OpenAI, Chuck Schumer, Craig Hudson, Sam Altman's, Altman, Mak Yuen Teen, " Altman, Beatriz Valle, Bret Taylor, Salesforce, Larry Summers, Summers, Taylor, Valle, Jack Dorsey's, Tasha McCauley, Helen Toner, Ilya Sutskever, Adam D'Angelo, Sutskever, Sam, Gartner, Jason Wong, Aditya Soni, Mark Porter Organizations: Intelligence, Senate, U.S, Capitol, REUTERS, Microsoft, National University of Singapore Business School, Wall, Elon Musk's, Twitter, ., Harvard, Democratic, OpenAI, Georgetown's Center for Security, Emerging Technology, Thomson Locations: Washington , U.S, Bengaluru

Democratic Senator Ben Cardin wrote to Biden to push for immediate freedom for Mark Swidan, Kai Li and David Lin, whom the U.S. government has classified as wrongfully detained in China. Families of Americans the U.S. government has classified as wrongfully detained in China have also repeatedly urged the government to prioritize the release of their loved ones in talks with Chinese officials. Ambassador to China Nicholas Burns about her son Mark over the weekend, but called the conversation "disappointing" because Burns would not say whether Biden would raise Mark’s name with Xi. A State Department spokesperson commented that the department has no greater priority than the safety and security of U.S. citizens and noted that it continually raises wrongfully detained U.S. nationals during engagements with senior Chinese officials. Reporting by Patricia Zengerle and Michael Martina; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Ben Cardin, Craig Hudson, Joe Biden, Xi Jinping, Biden, Mark Swidan, Kai Li, David Lin, Xi, Cardin, Katherine Swidan, China Nicholas Burns, Mark, Burns, Patricia Zengerle, Michael Martina, Stephen Coates Organizations: Senate Foreign, U.S, Capitol, REUTERS, Rights, U.S . Senate Foreign, Reuters, Democratic, Economic Cooperation, State, Thomson Locations: Washington , U.S, China, Asia, San Francisco, United, United States, U.S

Senator Bob Menendez is set to enter a plea on Monday to a new indictment charging him with conspiring to act as an unregistered foreign agent for the Egyptian government. In an Oct. 12 statement, Menendez said "piling new charge upon new charge does not make the allegations true." Nadine Menendez and one of the businessmen, Wael Hana, pleaded not guilty to the foreign agent charge on Oct. 18. Under the Foreign Agents Registration Act, individuals must register with the department if they act as "an agent of a foreign principle." In return, the businessman put Nadine Menendez on the payroll of a company he controlled, prosecutors said.

Persons: Bob Menendez, Craig Hudson, Menendez, Sidney Stein, Nadine Menendez, Wael Hana, Hana, Luc Cohen, Noeleen Walder, Jonathan Oatis Organizations: Democratic, Capitol, REUTERS, New, New Jersey Democrat, Senate Foreign Relations, Foreign, Prosecutors, Thomson Locations: Washington , U.S, New Jersey, Jersey, New York

Senator Bob Menendez (D-NJ) speaks to reporters while on his way to a vote following a Senate Democratic caucus meeting on Capitol Hill in Washington, U.S., September 28, 2023. REUTERS/Craig Hudson/File Photo Acquire Licensing RightsWASHINGTON, Oct 13 (Reuters) - U.S. Senator Bob Menendez will be arraigned next week on new charges that he conspired to act as a foreign agent for the Egyptian government, according to court document posted on Friday. Menendez, a Democrat who on Thursday was charged with Foreign Agents Registration Act violations, along with his wife and other co-defendants, is scheduled to face the new charges at a Oct. 18 hearing in federal court in New York, the filing said. Reporting by Luc Cohen; writing by Susan Heavey; editing by Doina ChiacuOur Standards: The Thomson Reuters Trust Principles.

Persons: Bob Menendez, Craig Hudson, Menendez, Luc Cohen, Susan Heavey, Doina Organizations: Democratic, Capitol, REUTERS, Rights, Thomson Locations: Washington , U.S, New York

Senator Bob Menendez (D-NJ) speaks to reporters while on his way to a vote following a Senate Democratic caucus meeting on Capitol Hill in Washington, U.S., September 28, 2023. Senator Bob Menendez on Thursday brought a new criminal charge against him that he conspired to act as a foreign agent for the Egyptian government. Prosecutors have said that co-defendant Hana arranged meetings between the senator and Egyptian officials, who pressed him to sign off on military aid. In return, the businessman put Nadine Menendez on the payroll of a company he controlled. The new indictment said both Hana and Nadine Menendez communicated requests and directives from Egyptian officials to the senator.

Persons: Bob Menendez, Craig Hudson, Menendez, Nadine Menendez, Nadine, Wael Hana, Jose Uribe, Fred Daibes, Hana, Lawrence Lustberg, Nate Raymond, Kanishka Singh, Susan Heavey, Mark Porter, Lisa Shumaker, Grant McCool Organizations: Democratic, Capitol, REUTERS, Prosecutors, U.S, New, New Jersey Democrat, Senate Foreign Relations, U.S . Department of Justice, Foreign, Thomson Locations: Washington , U.S, New Jersey, New York, Jersey, Egypt's, Washington, United States, Egypt, Boston

☆ US Senator Menendez charged with conspiring to act as foreign agent
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

Senator Bob Menendez (D-NJ) speaks to reporters while on his way to a vote following a Senate Democratic caucus meeting on Capitol Hill in Washington, U.S., September 28, 2023. REUTERS/Craig Hudson/File Photo Acquire Licensing RightsOct 12 (Reuters) - U.S. prosecutors pursuing a corruption case against Democratic U.S. Senator Bob Menendez on Thursday brought a new charge against him, accusing him of engaging in a conspiracy to act as a foreign agent for the Egyptian government. The new charge was included in a revised indictment filed against the Democratic senator for New Jersey in federal court in Manhattan. The Democratic senator for New Jersey has thus far resisted calls for his resignation.

Persons: Bob Menendez, Craig Hudson, Kanishka Singh, Susan Heavey, Franklin Paul Organizations: Democratic, Capitol, REUTERS, U.S, Democratic U.S, Franklin Paul Our, Thomson Locations: Washington , U.S, New Jersey, Manhattan, Washington

Senator Ben Cardin (D-MD) speaks at a committee meeting after assuming the chairmanship of the Senate Foreign Relations Committee at the U.S. Capitol on Capitol Hill in Washington, U.S., September 28, 2023. REUTERS/Craig Hudson/File Photo Acquire Licensing RightsWASHINGTON, Sept 30 (Reuters) - The chairman of the U.S. Senate Foreign Relations Committee vowed on Saturday to block military aid and arms sales to Egypt if it does not take concrete steps to improve human rights in the country. Much of the aid has been withheld in recent years over concerns about human rights abuses under the government of President Abdel Fattah al-Sisi. But President Joe Biden's administration announced this month it had decided to waive human rights restrictions on $235 million of the aid, citing security benefits to the U.S. It is currently withholding $85 million of the aid, a fraction of the $1.3 billion a year allocated for Egypt.

Persons: Ben Cardin, Craig Hudson, Gregory Meeks, Bob Menendez, Menendez, Cardin, Abdel Fattah al, Joe Biden's, Matt Spetalnick, Patricia Zengerle, Daniel Wallis Organizations: Senate Foreign, U.S, Capitol, REUTERS, Rights, U.S . Senate Foreign, Democratic U.S, Representatives Foreign, State Department, Senate Foreign Relations Committee, Democratic, Washington, Thomson Locations: Washington , U.S, Egypt, Washington, Israel

☆ Hardline Republican holdouts push U.S. government closer to shutdown
▼ + stars: | 2023-09-29 | by ( Moira Warburton | ) www.reuters.com time to read: +4 min

Republican hardliners have said they will not take up a Senate bill to fund the government through Nov. 17, which has advanced with broad bipartisan support, including that of top Senate Republican Mitch McConnell. Lawmakers are not considering cuts to popular benefit programs such as Social Security and Medicare. Former President Donald Trump, Biden's likely election opponent in 2024, has taken to social media to push his congressional allies toward a shutdown. A shutdown will also delay vital economic data releases, which could trigger financial market volatility, and delay the date that retirees learn how much their Social Security payments will rise next year. Social Security payments themselves would continue.

Persons: Kevin McCarthy, Craig Hudson, Joe Biden, Republican Mitch McConnell, Moody's, creditworthiness, McCarthy, Biden, Donald Trump, Biden's, Dan Crenshaw, Mike Garcia, Richard Neal, I've, Marc Molinaro, Moira Warburton, Scott Malone 私 Organizations: Capitol, REUTERS, Rights, U.S, Republicans, National Park Service, Securities and Exchange, Democratic, Republican, Social Security, Democrats, Reuters, Senate, Moderate, Social Locations: Washington , U.S, U.S, Mexico

☆ It took a progressive Virginia suburb 8 years to let developers build apartments instead of single-family houses. It shows how hard it is to build middle-class housing in the US.
▼ + stars: | 2023-03-21 | by ( Eliza Relman | ) www.businessinsider.com time to read: +12 min

Arlington, Virginia, is finally set to pass a "missing middle" housing policy after years of debate. Arlington is just the latest community to address missing middle housing as a part of a broader national reckoning. Across the country, critics of increasing housing density in single family neighborhoods are disproportionately older, wealthier, white homeowners. Advocates of missing middle housing say there's a deep generational gap when it comes to housing density. Despite the massive effort it took to come to the verge of passing missing middle housing, Arlington officials predict change will be slow and limited.

☆ If Student Loan Forgiveness Is Overturned by the Supreme Court, Refinancers Are Waiting
▼ + stars: | 2023-03-07 | by ( Thomas Gokey | ) www.businessinsider.com time to read: +16 min

The PSLF program cancels federal student loans for people who work in public-service jobs for 10 years, and the impact of relief is profound. In the process, borrowers forfeit many protections that come with federal student loans, including the chance to get their loans canceled. In one survey, more than one-third of respondents who refinanced their federal student loans said they eventually came to regret it. President Biden announced a plan to cancel $10,000 in student loan debt, but if you privately refinanced, you won't benefit. Most private student loans allow for some kind of "cosigner release" so no one else is on the hook for your loans.

☆ Student-Debt Relief: Why Refinancing Your Student Loans Is a Trap
▼ + stars: | 2023-02-28 | by ( Thomas Gokey | ) www.businessinsider.com time to read: +15 min

The PSLF program cancels federal student loans for people who work in public-service jobs for 10 years, and the impact of relief is profound. In the process, borrowers forfeit many protections that come with federal student loans, including the chance to get their loans canceled. Recent changes to the law require private student loans to be discharged if you die, but that isn't the case with older loans. Most private student loans allow for some kind of "cosigner release" so no one else is on the hook for your loans. Refinancing companies make the system worse for everyonePrivate refinancing companies don't just hand out their loans to anyone.

☆ Cars crash into 7-Eleven stores every day, and the problem just cost the chain $91 million after a man tragically lost his legs
▼ + stars: | 2023-02-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Vehicles crash into buildings with surprising frequency in the US: more than 100 times each day. On average, one of those crashes each day happens at a 7-Eleven. In all, there were 6,253 storefront crashes at 7-Elevens in that period — an average of more than one per day. The once-a-day crash at 7-Eleven is in fact dwarfed by the total number of crashes that take place at storefronts across the US, however. "If you install bollards, you pretty much solve that problem," Storefront Safety Council co-founder Rob Reiter told CBS Chicago.

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