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☆ Helene: Dozens dead as hurricane unleashes life-threatening flooding and knocks out power to millions across Southeast
▼ + stars: | 2024-09-28 | by ( Dalia Faheid | ) edition.cnn.com time to read: +6 min

Here’s the latest:• Deaths across 5 states: Storm-related deaths have been reported in South Carolina, Georgia, Florida, North Carolina and Virginia. North Carolina has activated 358 guardsmen, while Georgia has more than 300 and Alabama has 43, said Sabrina Singh, Pentagon deputy press secretary. • Severe flooding in North Carolina: Helene “is one of the worst storms in modern history for parts of North Carolina,” Gov. Delivery services were also impacted, with UPS announcing it has suspended service to Florida, North Carolina and Georgia because of the storm. In North Carolina, 290 roads were closed throughout the state, and Gov.

Persons: CNN — Helene, Brian Kemp, Glenn Youngkin, •, Sabrina Singh, Biden, Helene, Kamala Harris, Helene “, Roy Cooper, • Helene, Helene –, Keith Turi, “, ” Turi, ” Organizations: CNN, Gov, Tampa ., National Guardsmen, Defense Department, Pentagon, ”, National Weather Service, Amtrak, UPS, FedEx, Health, National Hurricane Center, Federal Emergency Management Agency Locations: Florida’s Big Bend, South Carolina , Georgia, Florida, North Carolina, Virginia, South Carolina, Saluda County, Anderson County, Georgia, Alamo, Pinellas County, Tampa, Claremont, Charlotte, Craig County , Virginia, Carolina, Alabama, Asheville, Southern, Western North Carolina, Tennessee, Ohio, North Carolina , Florida, Florida , North Carolina, Unicoi, Erwin , Tennessee, Bend

Hurricane Helene killed at least 22 people and left millions without power across the Southeast before weakening on its way north Friday morning, officials said. Hurricane-felled trees caused two deaths in Anderson County, South Carolina, officials said. Debris left by Hurricane Helene in Cedar Key, Fla., on Friday. Miguel J. Rodriguez Carrillo / AFP - Getty ImagesMeanwhile, more than 4.3 million people are experiencing power outages in South Carolina, Georgia, Florida, North Carolina and Virginia, according to poweroutage.us, which tracks utility data. At 11 a.m., the storm was 30 miles southwest of Bryson City, North Carolina, moving northward with maximum sustained winds of 45 mph.

Persons: Helene, Floridians, Jamie Cruse, “ We’re, ”, “, Bruce Rector, NBC’s, Megan Varner, Brian Kemp, Ron DeSantis, Roy Cooper, Hurricane, Miguel J, Rodriguez Carrillo, Ana Gibbs, Ronda Bell, Mike Stewart, Joe Biden, Deanne Criswell Organizations: National Hurricane Center, NBC, ” Clearwater, Georgia Gov, Florida Gov, Gov, North Carolina, Highway Patrol, AFP, Getty, Florida, & Light Company, Duke Energy Florida, Duke Energy, Federal Emergency Management Locations: Big Bend, Florida’s, Perry , Florida, Clearwater, Gulf Coast, Atlanta, Georgia, Pinellas County , Florida, Florida, Dixie County, North Carolina, Catawba County, Charlotte, Anderson County , South Carolina, Cedar Key, Fla, South Carolina , Georgia, Virginia, Valdosta, Ga, Carolinas, Charleston, Wilmington, Raleigh, Norfolk, Bryson City , North Carolina, Georgia , Florida , Alabama, South Carolina

Hurricane Helene made landfall near Perry, Florida, as a Category 4 storm with 140 mph sustained winds and higher gusts. Hurricanes are rated 1 through 5 on the Saffir-Simpson Hurricane Wind Scale based on their wind speed. Damage is exponential as wind speed increases, meaning a strong Category 3 storm could do up to 60 times as much damage as a weak Category 1 storm. Well-built homes will be heavily damaged, with most of the roof blown away. Most well-built homes will be destroyed, and many will be stripped to the foundation.

Persons: Helene Organizations: Hurricanes, Simpson Locations: Perry , Florida, Big Bend, “

☆ Independent journalist publishes Trump campaign document hacked by Iran despite election interference concerns
▼ + stars: | 2024-09-27 | by ( Kevin Collier | ) www.cnbc.com time to read: +6 min

The PDF document is a 271-page opposition research file on former President Donald Trump's running mate, Sen. JD Vance, R-Ohio. But on Thursday, reporter Ken Klippenstein, who self-publishes on Substack after he left The Intercept this year, published one of the files. "If the document had been hacked by some 'anonymous' like hacker group, the news media would be all over it. Three U.S. agencies have publicly attributed the hack and the subsequent distribution of the files to Iran. As president, Trump authorized the assassination of military leader Qassem Soleimani.

Persons: Donald Trump's, Sen, JD Vance, Ken Klippenstein, I'm, Klippenstein, Vance, Hillary Clinton's, Trump, Mohammad Javad Zarif, Qassem Soleimani, Robert, Robert persona's, Elon Musk, Joe Biden's, Hunter, Substack Organizations: European Union, Austria International, Politico, Trump, Google, Microsoft, NBC, National Intelligence, Intelligence, NBC News, New York Post Locations: Iran, China, Russia, Britain, Germany, France, American, R, Ohio, U.S, Substack

☆ CNN Poll: Harris and Trump are tied in North Carolina, while vice president leads in Nebraska’s 2nd District
▼ + stars: | 2024-09-27 | by ( Ariel Edwards-Levy | ) edition.cnn.com time to read: +10 min

CNN —Vice President Kamala Harris and former President Donald Trump are tied among likely voters in North Carolina, while Harris holds a comfortable lead in Nebraska’s 2nd Congressional District, according to two new CNN polls conducted by SSRS. In North Carolina, Harris and Trump stand at 48% each among likely voters. In Nebraska’s 2nd District, the so-called blue dot encompassing Omaha, Harris has 53% to Trump’s 42%, the poll finds. An 86% majority of Democratic likely voters and 69% of independent likely voters favor keeping the current system, while 69% of GOP likely voters say they’d rather move to a winner-take-all system in the state. But just 41% in North Carolina say they’re very confident, rising to a 59% majority in Nebraska’s 2nd District.

Persons: Kamala Harris, Donald Trump, Harris, SSRS, Mark Robinson, Trump, Barack Obama, Joe Biden, they’ve, White, Biden, Brian Snyder, Josh Stein, Robinson, Stein, Tony Vargas, Don Bacon, Vargas, Bacon, Jim Watson, CNN’s Jennifer Agiesta, Edward Wu Organizations: CNN, Congressional, Gov, Democratic, Trump, North, Nebraska’s, Sun, College, Cornhusker State, Republican, Obama, Biden, Reuters Male, GOP, Republican Rep, Republicans, Getty Locations: North Carolina, Nebraska’s, The, Carolina, Omaha, Nebraska, Maine, Wilmington , North Carolina, Congress, Trump, North Carolina’s, North, Charlotte , North Carolina, AFP, The Nebraska

The PDF document is a 271-page opposition research file on former President Donald Trump’s running mate, Sen. JD Vance, R-Ohio. But on Thursday, reporter Ken Klippenstein, who self-publishes on Substack after he left The Intercept this year, published one of the files. “If the document had been hacked by some ‘anonymous’ like hacker group, the news media would be all over it. As president, Trump authorized the assassination of military leader Qassem Soleimani. The Vance file appears to be the one Klippenstein hosts on his site.

Persons: Donald Trump’s, Sen, JD Vance, Ken Klippenstein, I’m, ”, Klippenstein, “, Vance, Hillary Clinton’s, Trump, Mohammad Javad Zarif, Qassem Soleimani, Robert, Robert persona’s, Elon Musk, Joe Biden’s, Hunter, Substack Organizations: Politico, Trump, Google, Microsoft, NBC, National Intelligence, Intelligence, NBC News, New York Post Locations: American, R, Ohio, Iran, U.S, Substack

☆ Eric Adams expected to face charges and A's play their last game in Oakland: Morning Rundown
▼ + stars: | 2024-09-26 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

New York Mayor Eric Adams is set to face federal charges. And the Oakland A’s play their last game in the city they’ve called home for over 50 years. New York Mayor Eric Adams expected to face federal chargesNew York Mayor Eric Adams has been indicted and is expected to be charged today by prosecutors out of the Southern District of New York, two sources familiar with the matter said. More coverage of Eric Adams:Calls grew for Adams to resign, including from Rep. Alexandria Ocasio-Cortez, New York City Comptroller Brad Lander and more. Two abandoned Los Angeles mansions owned by a Hollywood producer are covered in graffiti , drawing ire from neighbors and condemnation from city officials.

Persons: Eric Adams, Hurricane Helene, Adams, ”, “, Alexandria Ocasio, Brad Lander, Florida Hurricane Helene, Helene, Harris, Kamala Harris, Volodymyr Zelenskyy —, Donald Trump, Trump, It’s, Joe Biden, David McNew, Oakland, Ezra Shaw, they’ve, John Fisher, — revile Fisher, David K, Li, Dana Varinsky, Elizabeth Robinson Organizations: York, Oakland, New York, Southern, of, FBI, Turkish Consulate, NYPD, Rep, Florida Hurricane, NOAA, National Hurricane Center, Tallahassee International, United, European Union, Hezbollah, Zelenskyy, White House, U.S, Democratic, Secret, Trump, An, Oakland Coliseum, Oakland Athletics, Cleveland Guardians, Athletics, NBC Locations: Florida, of New York, Brooklyn, Turkish, Alexandria, Cortez , New York City, Hurricane, Tennessee, Tallahassee, Israel, Lebanon, United States, Gaza, Russia, Ukraine, Douglas , Arizona, An Alabama, California, Los Angeles, Hollywood, Saudi, San Francisco Bay, Las Vegas, Sacramento

NASA/ReutersHurricane Helene made landfall near Perry, Florida, as a Category 4 storm with 140 mph sustained winds and higher gusts. Hurricanes are rated 1 through 5 on the Saffir-Simpson Hurricane Wind Scale based on their wind speed. Category 3: 111-129 mphNow in “major hurricane” territory, wind damage is much more widespread. Well-built homes will be heavily damaged, with most of the roof blown away. Most well-built homes will be destroyed, and many will be stripped to the foundation.

Persons: Helene churns, Helene Organizations: NASA, Reuters, Hurricanes, Simpson Locations: Florida, Perry , Florida, Big Bend, “

☆ Zelenskyy's meeting with Harris and spat with Trump reveal a growing partisan divide on Ukraine
▼ + stars: | 2024-09-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +9 min

Vice President Kamala Harris is meeting with Ukrainian President Volodymyr Zelenskyy during a trip to the U.S., while former President Donald Trump isn’t, highlighting the growing partisan division over a key foreign policy issue. “The president of Ukraine is in our country, and he’s making little nasty aspersions toward your favorite president, me,” Trump said Wednesday in North Carolina. “Every time Zelenskyy comes to the United States, he walks away with $100 billion,” Trump said Tuesday in Georgia. “I want the war to stop,” Trump when he was pressed during his only debate with Harris. A senior Trump administration official echoed Trump to say the circumstances of any future settlement deal grow more fraught by the day.

Persons: Kamala Harris, Volodymyr Zelenskyy, Donald Trump isn’t, Harris, Zelenskyy, “, ” Trump, It’s, ” Zelenskyy, Trump, Moscow —, ”, we’re, Joe Biden, Hunter, Biden, Biden's, Sen, JD Vance, Vladimir Putin shouldn’t, Vance, Trump ”, Cartwright, Reid Smith, Charles Koch, ” Sen, Bob Casey, Matt Cartwright, Mike Johnson, ” Johnson, Oksana, Putin, Philip Gordon, Obama, Putin “, “ That’s, Andrzej Duda, Smith Organizations: White, Trump, United Nations General Assembly, Russia, Republicans, Yorker, New, NBC News, Casey, Democratic, Senate, Zelenskyy, General Assembly, Ukraine Locations: U.S, Ukraine, North Carolina, Moscow, United States, Georgia, Russia, Scranton , Pennsylvania, R, Ohio, Scranton, Pennsylvania, Russian, Kyiv, Europe, Poland

☆ Donald Trump According to Those Who Know Him - The New York Times
▼ + stars: | 2024-09-26 | by ( The Editorial Board | ) www.nytimes.com time to read: +1 min

Opinion The Dangersof Donald Trump,From ThoseWho Know HimIn any election, it’s hard to know whose word to trust. And in a polarized country, many Americans distrust any information that comes from the other side of the political divide. That’s why the criticism of Donald Trump by those who served with him in the White House and by members of his own party is so striking. The New York Times editorial board has made its case that Mr. Trump is unfit to lead. For those Americans who are still tempted to return him to the presidency or to not vote in November, it is worth considering the assessment of Mr. Trump by those who have seen him up close.

Persons: Donald Trump, —, Trump Organizations: White, New York Times

☆ China's surprise stimulus could be a red flag, so investors should approach the nation's long-awaited rally with caution
▼ + stars: | 2024-09-26 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

AdvertisementLorraine Tan, Morningstar's director of equity research for Asia, also thinks monetary stimulus won't be sufficient. History says their skepticism is warranted, as China's past stimulus efforts have often failed to lead to sustainable gains. Even if this surge holds up, it won't necessarily spark a self-fulfilling prophecy that provides a lasting boost for China's economy. But others like Tan from Morningstar believe this bad news is reflected in Chinese stocks' cheap valuations. The team at UBS Global Wealth Management is also cautiously optimistic about Chinese stocks after this news.

Persons: —, they're, Betty Wang, Marcelli, Lorraine Tan, Tan, Brian Mulberry, Mulberry, Wang, China isn't, Jeff Kleintop, Charles Schwab, Donald Trump, Rory Green, Xi Jinping, Biden, Trump, That's, Kleintop, Morningstar, she'd Organizations: Service, Business, People's Bank of, Oxford Economics, UBS Global Wealth Management, Zacks Investment Management, Federal Reserve, BI Locations: China, People's Bank of China, Asia, Central, Republic

Helene was forecast Wednesday evening to become a dangerous Category 4 hurricane before it makes landfall in Florida's Big Bend area Thursday night. This is the biggest storm in the history of the city of Tallahassee to hit us head-on,” Mayor John Dailey told NBC News on Wednesday evening. “If the city of Tallahassee is hit directly by a Category 3 hurricane, it’ll be the strongest hurricane in recorded history ever to hit our community. Tallahassee State College professor Pamela Andrews helps prepare for possible flooding as Hurricane Helene heads toward the Florida Gulf Coast in Tallahassee on Wednesday. Three major colleges, Florida State University, Florida A&M University and Tallahassee State College, have canceled classes for the rest of the week.

Persons: Helene, John Dailey, “, Leslie Powell, “ I’m, ”, Powell, “ I’ve, ” Dailey, Dailey, Pamela Andrews, Sean Rayford, Leroy Peck, Peck, Daniella Silva, Major Thornton III, “ You’ve, ” Major Thornton III, Ahmiyah Phillips, Hurricane Michael, Latoya Williams, can’t, I’ve Organizations: ”, NBC News, National Hurricane Center, Tallahassee State, Florida Gulf, NBC, ., . Tallahassee International, Florida State University, Florida, M University, Tallahassee State College Locations: TALLAHASSEE, Fla, —, Florida’s, Tallahassee, Florida's Big Bend, Florida, Quincy, Gadsden County, Mexico, United States, . Tallahassee

☆ Chinese yuan hits strongest level against the dollar in over 16 months as investors assess PBOC stimulus
▼ + stars: | 2024-09-25 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China's economic growth. China's yuan hit its strongest level in over 16 months on Wednesday after Beijing unveiled a slate of stimulus measures to shore up the slowing economy on Tuesday. The Chinese offshore yuan strengthened briefly to 6.9946 per dollar, the strongest since May 2023. China's onshore yuan is currently trading at 7.0319 against the greenback, also holding at the strongest levels since last May. China bonds rallied after the PBOC announcement with 10-year and 30-year yields hitting record lows.

Persons: Ben Emons, Edmund Goh, Zerlina Zeng, CreditSights, Pan Gongsheng, Emons, Hong, — CNBC's Evelyn Cheng Organizations: U.S, Beijing, greenback, Fed Watch, BNP, U.S ., Asia Credit, People's Bank of China Gov, CSI Locations: China, abrdn, Hong Kong, London, Singapore, New York

☆ Tropical Storm Helene: Thousands forced to evacuate in Florida as hurricane warnings issued
▼ + stars: | 2024-09-25 | by ( Taylor Ward | Dalia Faheid | ) edition.cnn.com time to read: +12 min

CNN —Thousands of Florida residents have been forced to evacuate as the state prepares for rapidly strengthening Tropical Storm Helene, which could bring powerful winds, flooding and life-threatening storm surge to areas already hard-hit by recent hurricanes. The Big Bend area faces the most serious storm surge: up to 15 feet of it is possible. Over in Sanibel, one couple who met during Hurricane Ian in 2022 and nearly lost everything are now going to weather Tropical Storm Helene together, CNN affiliate WINK reported. Large clouds move over Havana due to the proximity of the tropical storm Helene, on September 24. Officials in neighboring Pinellas County warned hundreds of homes would likely flood with a higher storm surge than in past destructive storms.

Persons: Helene, Debby, Idalia, Ian Just, ” Howard Rabe, “ We’ve, we’ve, ”, Rabe, Ian, Michele Vikartofsky, Larry Leventhal, ” Vikartofsky, “, it’s, “ Ian, Vikartofsky, WINK, Hurricane Debby, Ron Booher, Hurricane Michael, ” Lynn Marshall, Yamil Lage, Ron DeSantis, DeSantis, Cathie Perkins, Kenneth Welch, ” Welch, Brian Kemp, ” Kemp, James Stallings, Herman, Connell Crooms, Corey Perrine, it’ll, It’s Organizations: CNN, Hurricane, National Hurricane Center, Tampa General Hospital, WFTS, WINK, WFTV, WJHG, Getty Images, Gov, Florida National Guard, Florida State Guard, –, Georgia Gov, Georgia Emergency Management, Homeland Security, Woerner, Florida Times, USA, Florida, National Weather Service, Carolinas, Weather, Florida Panhandle Locations: Florida, Bend, United States, Gulf of Mexico, Tampa, Florida’s Gulf, Anclote, Mexico Beach, Cabo Catoche, Citrus, Hillsborough, Charlotte, Gulf , Manatee, Pinellas, Taylor County, Tallahassee, Franklin, Wakulla, Port Richey, Sanibel, Manatee County, Gulf County, Havana, AFP, Getty Images Florida, Georgia, Pinellas County, Idalia, St . Petersburg , Florida, Hillsborough , Pinellas, Sarasota, Jacksonville , Florida, Tampa Bay, Florida , Georgia, Alabama, Tennessee, Carolinas, Virginia, Gulf, Helene

☆ Helene becomes a hurricane, set to strike the US as strongest storm in over a year
▼ + stars: | 2024-09-25 | by ( Meneida Bailey | ) edition.cnn.com time to read: 1 min

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☆ Opinion | Silicon Valley’s MAGA Moment
▼ + stars: | 2024-09-25 | by ( Chris Hughes | ) www.nytimes.com time to read: +1 min

I co-founded Facebook in college 20 years ago, but I left California and start-up culture behind long ago for public policy and economics. As we sat over scrambled eggs, chicken sausage and whole-wheat toast, I was struck by how many of the wealthiest and most powerful figures in Silicon Valley — including some I knew — were now loudly backing Mr. Trump. Mr. Trump claims that Mark Zuckerberg called him to say that he wouldn’t support a Democrat in November, although Mr. Zuckerberg’s spokesperson denied the claim. It would be easy to write off tech’s rightward drift as nothing more than the rich acting in their economic self-interest, but Silicon Valley has always been driven by profit, and it hasn’t tilted Republican since the 1980s. Even now, it remains largely Democratic, even though even some of Kamala Harris’s strongest Valley supporters worry about how she might approach tech policy.

Persons: Donald Trump, Trump, —, Marc Andreessen, Ben Horowitz, Elon Musk, Mark Zuckerberg, Zuckerberg’s, Kamala Harris’s Organizations: Facebook Locations: Flatiron, Manhattan, California, Silicon Valley

☆ CNBC Daily Open: Some caution might be good for markets
▼ + stars: | 2024-09-25 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This 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. While analysts think this move may mark the end of China's deflationary streak, many think monetary policy is not enough. How much will oil demand grow? The International Energy Agency thinks oil demand will level off at 106 million barrels per day by the end of the decade.

Persons: Larry Hu, Consumer's, September's, Dow Organizations: CNBC, Dow Jones, U.S ., People's Bank of China, Macquarie, International Energy Agency, U.S, U.S . Federal, Barclays, Citi Locations: Corte Madera, Corte Madera , California, Asia, Pacific, China, U.S .

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Walmart, Salesforce, Starbucks, Amazon & more
▼ + stars: | 2024-09-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Colgate-Palmolive and Church & Dwight as overweight Piper said both consumer products company offer an attractive risk/reward. Piper Sandler upgrades Salesforce to overweight from neutral Piper said it sees an attractive risk/reward for the stock. Bernstein reiterates Amazon as outperform Bernstein said advertising is "key to the bull case once again" for Amazon. Wedbush upgrades Comerica to outperform from neutral The firm added the regional bank to its best ideas list. " CFRA reiterates Nvidia as buy The firm says it sees Nvidia with "sustained compute demand" over the coming years.

Persons: Piper Sandler, Dwight, Piper, Baird, Jefferies, it's bullish, Raymond James reinstates Uber, Raymond James, Goldman Sachs, Goldman, KeyBanc, Morgan Stanley, immuno, Oppenheimer, Lowe's, Redburn, it's, Truist, Baird downgrades McKesson, Needham, Apple, Pinterest, Leerink, Guggenheim, Tesla, TSLA, Bernstein, CFRA Organizations: Colgate, Palmolive, Church, Jefferies, Starbucks, Avidity Biosciences, BP, Exxon, Costco, Walmart, Apple, GE Vernova, UBS, Citi, Mastercard, Visa, U.S, DOJ, Comerica, CMA, Nvidia

☆ The Max-Hulu-Disney+ bundle seems to be off to a strong start
▼ + stars: | 2024-09-23 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Discovery teamed up with Disney to create an anticipated Max-Hulu-Disney+ bundle, which launched in late July for $17 per month. AdvertisementThere were less than 2 million net streaming subscribers additions in the US in Q2, according to Antenna. In August, Hulu's cancellation rate rose to its highest level since January, and Max's churn rate jumped to its highest mark since November. AdvertisementWhen taken in the context of Antenna's other data, it looks like some Hulu and Max customers are canceling their subscriptions so they can subscribe to the Max-Hulu-Disney+ bundle without paying twice. The Max-Hulu-Disney+ bundle is one of several streaming packages that media giants have conjured up.

Persons: —, Max each, Peacock, Max, it's Organizations: Service, Warner Bros, Discovery, Disney, Hulu, Business, Paramount, WBD, Comcast, Netflix, Apple, ESPN

☆ Why stocks have a lot more room to rally before hitting a peak, according to a technical analyst
▼ + stars: | 2024-09-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Stock market highs are expected to continue into 2025, according to Oppenheimer's Ari Wald. AdvertisementWald's 6,000 price target for the S&P 500 is based on the median bull market cycle. "The S&P 500 is up 64% over the 23 months between October 2022 and September 2024. And if the current bull market follows the path of the average bull market, stocks could continue to rise through the end of 2025 with the S&P 500 rising to around the 7,000 level. "We view the cycle high for Industrials as confirmation of an intact bull market," Wall said.

Persons: Oppenheimer's Ari Wald, Wald, —, Oppenheimer, Ari Wald, it's, Wall, " Wald Organizations: Service, New York Stock Exchange, ISI Locations: That's

☆ American Companies' China Profits Are Declining; Increased War Chance
▼ + stars: | 2024-09-22 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Without the promise of profits, American firms are also becoming less willing to go to bat for China — to reinforce the idea that China's market is crucial to the success of their futures. No demandAfter pandemic lockdowns ended in 2023, the Chinese economy experienced what is known on Wall Street as a "dead cat bounce." What money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. Related storiesWhat money Chinese consumers are still able to spend is increasingly going to companies that grew up in their home country. It gives corporations, already under financial pressure as China's economy declines, even less reason to act as interlocutors encouraging stability between Washington and Beijing.

Persons: Washington —, Xi Jinping, Lee Miller, lockdowns, They're, Xi, Yi Gang, Michael Pettis, Tesla, Elon Musk, it's, Ball, Jamie Dimon, It's, China's, Goldman Sachs, Ray Dalio, seeping, Miller, Kamala Harris, Donald Trump, Harris, —, Trump, Biden, we're, Cordell Hull Organizations: Apple, Nike, Chinese Communist Party, People's Bank of, Carnegie Endowment, China Business Council, Starbucks, Street, Bridgewater Associates, Beijing, East Asia State Department, CCP, Trump, State Department, Republicans, Financial, Broadcom, Nvidia, Biden Administration Locations: China, America, Beijing, Washington, American, South China, Taiwan, People's Bank of China, Shanghai

☆ Women accuse former Harrods boss Al Fayed of sexual abuse: ‘I was just terrified’
▼ + stars: | 2024-09-20 | by ( Daniele Hamamdjian | Bill O'Reilly | Daniele Hamamdjian Is An Nbc Foreign Correspondent Based In London. | ) www.nbcnews.com time to read: +11 min

The first red flag Stone recalls while working for Al Fayed was him giving her a tight hug. NBC News“I was a bit like, Ooh, you know, that’s weird, but maybe that’s his culture, I don’t know,” Stone said. A fictionalized version of their relationship was depicted in the Netflix series last year, and included a warm and sympathetic portrayal of Al Fayed. “The allegations against Mohamed Al Fayed include serial rape, attempted rape, sexual battery, sexual abuse of minors. I was going through this sort of hell.”Stone struggled to explain the hold Al Fayed had on her and other female staffers.

Persons: Mohammed Al Fayed, “ Papa, Al Fayed, ”, Gloria Allred, “ Al Fayed, Natacha, Maria Mulla, Mohamed Al Fayed, Yui Mok, Sophia Stone, Al Fayed’s, Stone, ” Stone, “, London . Stone, he'd, Mohamed Al, Fayed, Paul Ellis, Princess Diana, Dodi, Allred, Eamon Coyle, “ Mohamed, Keaton Stone, ” Sophia Stone, you’ll Organizations: NBC News, Harrods, Netflix, NBC, London ., Bois, Boulogne, Getty, Britain’s, BBC, U.S Locations: American, London, Harrods, Al, Paris, Scotland

☆ Maine Democrats have likely run out of time to change Electoral College laws if Nebraska GOP acts
▼ + stars: | 2024-09-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +6 min

LINCOLNVILLE, Maine — As Republicans in Nebraska consider changing state law to give Donald Trump an extra Electoral College vote this fall, their Democratic counterparts in Maine have little recourse to even the score. In 2020, Trump won one electoral vote from Maine’s rural 2nd Congressional District and is heavily favored to do so again, while Joe Biden won one from Nebraska’s Omaha-based 2nd Congressional District. And Maine GOP leaders have already signaled they have no interest in helping Democrats do away with their unusual formula for awarding electoral votes. “Maine has the gold standard of presidential election processes in the United States,” state House Minority Leader Billy Bob Faulkingham told the Bangor Daily News on Thursday. But unlike the previous times, there no longer appears to be a good way for Maine — and therefore national Democrats — to counter a change in Nebraska.

Persons: Donald Trump, Trump, Joe Biden, Sen, Lindsey Graham, Billy Bob Faulkingham, “, ”, Kamala Harris, Harris, Biden, Harris ’, JD Vance, Democrats —, Dan Ankeles, ” Alex Seitz, Wald, Ben Kamisar Organizations: Republicans, Electoral, Democratic, Republican, Nebraska Republicans, Maine Democrats, Trump, Congressional, Maine Legislature, Maine GOP, Bangor Daily, Electoral College, Representatives, Maine, Democrats, National Locations: LINCOLNVILLE, Maine, Nebraska, Nebraska’s Omaha, “ Maine, United States, Bangor, Pennsylvania, Michigan, Wisconsin, R, Ohio, Lincolnville, Washington ,

☆ Why Kamala Harris is heading to Georgia to speak about reproductive rights
▼ + stars: | 2024-09-20 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +4 min

A Georgia mother died in 2022 from a treatable infection due to delays to her medical care stemming from the state’s restrictive abortion law, nonprofit news outlet ProPublica reported. According to ProPublica, Miller’s family told a coroner she did not seek care because of laws around pregnancy and abortion. The family shared their story and engaged with the vice president in an emotional moment. The Harris campaign is hoping the political saliency of reproductive rights can help galvanize voters ahead of Election Day. Last week, the Harris campaign launched an abortion-focused ad, capitalizing on what officials said was a pivotal exchange between Harris and Trump.

Persons: Kamala Harris, “, Harris, Joe Biden’s, ”, Biden, Roe, Wade, Amber Nicole Thurman, ProPublica, Candi Miller, Miller’s, Thurman’s, Oprah Winfrey, Trump, Hadley Duvall Organizations: CNN, Democratic, Republican, Tennessee Republicans, Harris, New York Times, Siena College, Trump Locations: Georgia, Nashville, Florida, Arizona, North Carolina

☆ China's yuan jumps to 16-month high, state banks step in to curb gains
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: +2 min

China's yuan rose to its strongest level in nearly 16 months on Friday on bets that Beijing will unveil fresh economic stimulus following a jumbo U.S. rate cut, though gains were capped by dollar buying from Chinese state banks. The onshore yuan strengthened to as much as 7.0420 per dollar, the firmest level since May 24, 2023, on track for a six-session rising streak. The Fed cut rates by a larger than usual 50-basis-points on Wednesday. On Friday, China's major state-owned banks were seen buying dollars in the onshore market to prevent the yuan from appreciating too fast. Prior to the market opening, the People's Bank of China set the midpoint rate at 7.0644 per dollar, its strongest in nearly 16 months.

Persons: recouping, Zhiwei Zhang, Yang Fan Organizations: Citic Securities, People's Bank of Locations: Beijing, China, U.S, People's Bank of China

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