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☆ Trump mines data trove in Iowa to avoid mistakes of 2016 loss
▼ + stars: | 2023-10-27 | by ( Nathan Layne | ) www.reuters.com time to read: +7 min

[1/5] Volunteers gather at the Donald Trump 2024 campaign headquarters in Iowa ahead of a door-knocking event in Urbandale, Iowa, U.S., October 14, 2023. Reuters interviews with nearly 40 party leaders, Trump staff and campaign volunteers in Iowa show how the former president has learned from his past mistakes. In 2016, Trump, thinking he had little chance of winning Iowa, kept his operation in the state threadbare. "I don't think people realize in 2016 how shoestring that was," said Jeff Kaufmann, chairman of the Iowa Republican Party, referring to the Trump campaign. In 2016 Trump didn't have the staffing or digital infrastructure to follow up on such leads, meaning many Trump supporters like Jones and her husband stayed home on caucus night.

Persons: Donald Trump, Nathan Layne, Trump, Ted Cruz, Jeff Kaufmann, Rachel Paine Caufield, Trump's, Ron Desantis, Alex Latcham, we've, Ann Jones, Jones, Marshall Moreau, Cris Christenson, DeSantis, he's, Jonah Jones, Adel, Ross Colvin, Daniel Wallis Organizations: Volunteers, REUTERS, DES, Trump, Iowa Republican Party, Sunday Trump, Drake University, Reuters, DeSantis, Hawkeye State, Ipsos, Iowa, Christian, Republican, Thomson Locations: Iowa, Urbandale , Iowa, U.S, , Iowa, Sioux City, Florida, Cruz, Adel, Des Moines, Clive , Iowa, Adel , Iowa

☆ South Korea: Itaewon crush haunts survivors one year after Halloween crowd disaster
▼ + stars: | 2023-10-27 | by ( Heather Chen | ) edition.cnn.com time to read: +9 min

CNN —Hye Minyi can still vividly recall what happened in Itaewon, South Korea, on the night of October 29, 2022. Whether the disaster in Itaewon last year will put a dent in this growing popularity is yet to be seen. “We are extremely concerned that there could be a repeat of the Itaewon tragedy,” said Shibuya mayor Ken Hasebe. The Itaewon crowd crush was South Korea’s worst peacetime disaster since the sinking of a ferry in 2014 killed 304 people – among them 250 students and teachers from the Danwon State High School. Lee is certain of one thing, however – that she is “never going back to the area again.”“For me, Halloween and the Itaewon tragedy are (inextricably) linked,” she said.

Persons: CNN — Hye, Amy, Hye, ” Hye, ”, “, Anthony Wallace, expats, Ken Hasebe, Hasebe, ” Hasebe, overtourism, Yuya Shino, Critics, Jung Yeon, Yoon Suk, Kim Kun, Chung Sung, Lee, Kim Ho, Lee Sang Organizations: CNN, Getty, “, Reuters, Danwon State High School, South Korean, Seoul Metropolitan Government, South, City, Facebook, Interior, Safety Locations: Itaewon, South Korea, Seoul, AFP, Asia, Tokyo, Taipei, Hong Kong, Shanghai, Singapore, Japan, Shibuya, “, Tokyo's Shibuya, Guangzhou, China, South, Danwon, Yongsan

NEW YORK (AP) — Richard Moll, a character actor who found lasting fame as an eccentric but gentle giant bailiff on the original “Night Court” sitcom, has died. Moll played "Bull” Shannon on NBC's “Night Court” from 1984-1992 alongside stars Harry Anderson and John Larroquette. The towering actor — he was 6-feet 8-inches tall — did not join the reboot of “Night Court” starring Larroquette. Raised in Pasadena, California, Moll was a history and psychology major at the University of California at Berkeley, and graduated in 1964. Moll is survived by his children, Chloe and Mason Moll; ex-wife, Susan Moll; and stepchildren Cassandra Card and Morgan Ostling.

Persons: — Richard Moll, Moll, Jeff Sanderson, Bull ” Shannon, NBC's, Harry Anderson, John Larroquette, Roz Russell, Marsha Warfield, Bull, “ Ohh, kay, ”, Harvey Dent, “, Scorpion, Arnold Schwarzenegger, Natasha Lyonne, “ Thomas, Peter O’Toole, Marcia Gay Harden, Ed Asner, —, Larroquette, Chloe, Mason Moll, Susan Moll, Cassandra Card, Morgan Ostling Organizations: University of California, People Locations: Big Bear, , California, Pasadena , California, Berkeley, Alameda County, San Francisco, Hollywood

☆ US third-quarter economic growth seen fastest in nearly 2 years
▼ + stars: | 2023-10-26 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

While the anticipated robust growth pace notched last quarter is probably not sustainable, it would demonstrate the economy's resilience despite aggressive interest rate hikes from the Federal Reserve. According to a Reuters survey of economists, GDP likely increased at a 4.3% annualized rate last quarter, which would be the fastest since the fourth quarter of 2021. Others are not too concerned, noting the labor market continues to churn out jobs at a solid clip. Growth last quarter was also seen lifted by a smaller trade deficit, thanks to strong exports and increased inventory investment. But the labor dispute, which is costing auto makers millions of dollars per week, could weigh on growth in the fourth quarter.

Persons: Andrew Kelly, Joe Biden's, Sal Guatieri, Luke Tilley, it's, Yelena Shulyatyeva, Brian Bethune, Lucia Mutikani, David Gregorio Our Organizations: REUTERS, Business, WASHINGTON, Federal Reserve, United Auto Workers, BMO Capital Markets, Consumer, Wilmington Trust, Labor, Labor Department, U.S, Treasury, Financial, Group's, BNP, Boston College, Thomson Locations: Brooklyn , New York City, U.S, Toronto, American, Wilmington, Philadelphia, New York

☆ Dean Phillips launches primary challenge against President Biden
▼ + stars: | 2023-10-26 | by ( Arit John | ) edition.cnn.com time to read: +10 min

CNN —Minnesota Rep. Dean Phillips announced Thursday that he is running for president, kicking off a long-shot Democratic primary challenge to President Joe Biden. “I think President Biden has done a spectacular job for our country, but it’s not about the past. Phillips is expected to formally announce his campaign Friday in Concord, where he’ll file to run in New Hampshire’s Democratic primary. Biden will not file to appear on the New Hampshire Democratic primary ballot because the state isn’t complying with the national party’s revised nominating calendar, which demoted its first-in-the-nation primary status to second. And it all points to the same thing,” Phillips told CNN after he stepped down from leadership.

Persons: Dean Phillips, Joe Biden, “, Biden, ” Phillips, Phillips, Jeff Zients, Biden “, ”, Zients, —, Steve Schmidt, Schmidt, George W, Bush, Arizona Sen, John McCain, ‘ I’m Dean Phillips, ” Schmidt, he’ll, Gavin Newsom, Gretchen Whitmer, Abigail Van Buren, Abby, ” Phillips ’, he’s, Ron Harris, I’m, Trump, Biden —, Kamala Harris, That’s, Marianne Williamson, Robert F, Kennedy Jr, Donald Trump, Kennedy, hasn’t, Karine Jean, Pierre, CNN’s Jeff Zeleny, Arlette Saenz, David Wright Organizations: CNN, Minnesota, Democratic, CBS News, House Democratic, Biden, White House, New Hampshire Democratic, New Hampshire Democrats, New, GOP, California Gov, Michigan, Democratic National Committee, Palmetto, South Carolina Democratic, Affordable, Communications Committee, Granite State, Democratic Party, Incumbents, Environmental, Republicans, Allies Locations: Concord, New, AdImpact, New Hampshire, Arizona, Washington, California, South Carolina, “ South Carolina, Spain, Minnesota, Twin Cities, ”, New York, Ohio, Granite

☆ OVH forecasts lower revenue growth in 2024 amid tough backdrop
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

The logo of French cloud computing company OVHcloud is seen on the company's building in Paris, France, January 25, 2023. REUTERS/Sarah Meyssonnier Acquire Licensing RightsOct 25 (Reuters) - OVHcloud (OVH.PA) on Wednesday forecast lower organic growth in the next fiscal year, citing uncertain macroeconomic conditions continue to dent the French cloud services provider's operations. OVH sees its revenue in the 2024 fiscal year to rise by 11-13%, while analysts in a company-compiled poll expect full-year revenue growth of 14.7% on average. Revenue in the year rose 13.4% to 897 million euros ($950.91 million), a touch below 899.8 million seen by analysts, OVH said. This came in line with its latest forecast for a 13-14% full-year growth.

Persons: Sarah Meyssonnier, OVH, Boleslaw Lasocki, Christopher Cushing, Sherry Jacob, Phillips Organizations: REUTERS, Revenue, Thomson Locations: Paris, France, North America

☆ Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results
▼ + stars: | 2023-10-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Boeing's new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, U.S., Feb. 13, 2017. Boeing said Wednesday it will deliver fewer 737 Max aircraft than it previously expected this year as it works through production flaws detected on some of the best-selling aircraft. Boeing maintained its expectations for 2023 free cash flow of $3 billion to $5 billion, despite the production problems. I view it as quite the opposite," CEO Dave Calhoun said in an employee note on Wednesday, as the company reported third-quarter results. ET when executives will face questions about its production pace, demand and how it expects to improve margins in its defense unit.

Persons: we've, Dave Calhoun Organizations: Boeing, Max, Budget, Ryanair, Sales, Air Force, Revenue Locations: Renton , Washington , U.S, LSEG

☆ Taiwan chipmaker UMC sees demand stabilising, with 'rush' PC, smartphone orders
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

The logo of United Microelectronics Corporation (UMC) is seen at the company’s lobby at Hsinchu Science Park in Hsinchu, Taiwan, September 16, 2022. The semiconductor industry has come under pressure as global economic woes dent demand for chips used in everything from tablets to cellphones and cars. In an earnings release, UMC (2303.TW) co-President Jason Wang said it expected demand to gradually stabilise in the last three months of the year. "For the fourth quarter, with the recent rush orders from PC and smartphones, we expect demand has gradually stabilised," he said. However, the company kept its guidance for capital spending this year at $3 billion, compared with $2.7 billion for last year.

Persons: Ann Wang, TSMC, chipmaker, Jason Wang, Ben Blanchard, Jan Harvey Organizations: United Microelectronics Corporation, Hsinchu Science, REUTERS, United Microelectronics Corp, Qualcomm Inc, Germany's Infineon, UMC's, Thomson Locations: Hsinchu, Hsinchu Science Park, Taiwan, TAIPEI, U.S, UMC's Taipei

☆ Anheuser-Busch and UFC strike multiyear partnership, as brewer tries to turn around Bud Light sales
▼ + stars: | 2023-10-24 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

Anheuser-Busch InBev's Bud Light will again become the official beer sponsor for the Ultimate Fighting Championship with a six-year marketing partnership, the companies announced Tuesday. As part of the agreement, Bud Light will receive exclusive and prominent branding at UFC fights and events, as well as in-arena promotion. The agreement comes on the heels of a conservative boycott against Anheuser-Busch's Bud Light that began this spring when the brand partnered with transgender influencer Dylan Mulvaney. The partnership grants Bud Light visibility in an estimated 900 million TV households in more than 170 countries. "Anheuser-Busch and Bud Light were UFC's original beer sponsors more than fifteen years ago.

Persons: Busch, Bud Light, Bud, influencer Dylan Mulvaney, Dana White, Donald Trump's, Brendan Whitworth, White Organizations: Anheuser, CNBC, UFC, Modelo Especial, U.S, Busch, Modelo, Constellation Brands, Holdings Inc, Bud Locations: Las Vegas

BERLIN (AP) — Prosecutors in Berlin said Tuesday they have closed their investigation into the spectacular collapse of a huge aquarium last December after an expert report failed to pin down a reason why the tank burst. The AquaDom aquarium, which stood in a hotel lobby in the center of the German capital, burst in the early hours of Dec. 16, sending 1 million liters (264,000 gallons) of water gushing into the building and the street outside. Prosecutors said they have closed an investigation of persons unknown on suspicion of causing bodily harm by negligence after evaluating the export report, commissioned by the building's owners, which they received on Oct. 6. Its author, engineer Christian Bonten, has presented three theories but said there was no clear evidence to prove any of them. About 400 to 500 mostly small fish from a separate set of aquariums housed under the hotel lobby were evacuated to other tanks in a neighboring aquarium that was unaffected.

Persons: Prosecutors, Christian Bonten Organizations: BERLIN, — Prosecutors, Prosecutors Locations: Berlin

Image Palestinians wounded in Ahli Arab Hospital blast were later treated at another hospital in Gaza on Tuesday. Israel said the strike on the hospital parking lot was caused by a misfired Palestinian rocket, citing intelligence intercepts and videos of the sky above Gaza at the time. Al Jazeera, a Qatari news channel, concluded that a Palestinian rocket had been intercepted by an Israeli air defense missile. Scores of public institutions in northern Gaza, including hospitals like the Ahli Arab hospital, were warned by Israel to evacuate. American intelligence agencies have assessed that the blast killed 100 to 300 people.

Persons: Israel, ”, Ghazi Hamad, ” Salama Maroof, “, Abed Khaled, Hamas’s, Daniel Hagari, Musab Al, Umit Turhan, Hagari, Biden, Al Jazeera, Jones, Hamad, “ We’ve, Motasem Mortaja, Fadi Diab, Diab, Father Diab, Associated Press Yousur, Hlou Organizations: Hamas, The New York Times, Sunday, The Times, Arab Hospital, ., Palestinian, Islamic, East . Credit, Agence France, Getty, Wall Street, Associated Press, CNN, Munitions, Armament Research Services, Press, World Health Organization, WHO Locations: Al Ahli, Gaza, Israel, Gaza City, Ahli, Palestinian, Islamic, Istanbul, East, Israeli, London, Al, Qatari, Australia, Cairo

[1/4] A formation of Israeli tanks is positioned near Israel's border with the Gaza Strip, in southern Israel October 21, 2023. Iran, a longtime backer of Gaza's rulers Hamas, finds itself in a quandary as it tries to manage the spiralling crisis, according to nine Iranian officials with direct knowledge of the thinking within the clerical establishment. "We are in contact with our friends Hamas, Islamic Jihad, and Hezbollah," Vahid Jalalzadeh, the head of parliament's National Security Committee said on Wednesday, according to Iranian state media. Iran's foreign ministry didn't respond to a request for comment about the country's response to the unfolding crisis, while Israeli military authorities declined to comment. "Iran's nuanced position emphasizes the delicate balance it must maintain between regional interests and internal stability," said the former senior Iranian official.

Persons: Violeta Santos Moura, wouldn't, Avi Melamed, Ayatollah Ali Khamenei, Sayyed Hassan Nasrallah, Israel, Israel didn't, Khamenei, Joe Biden, Biden, John Kirby, Washington, Jon Alterman, Parisa Hafezi, Jonathan Saul, Jerusalem, Arshad Mohammed, Laila Bassam, Samia Nakhoul, Michael Georgy, Pravin Organizations: REUTERS, Rights, Islamic, parliament's National Security, Israel, Wednesday, Hezbollah, U.S, Germany's Ramstein Air Base, House, State Department, CSIS, Swiss, Iran, Iranian, Thomson Locations: Israel's, Gaza, Israel, Rights DUBAI, Iran, Tehran, U.S, Lebanon, Yemen, United States, Islamic Republic, Iranian, Lebanese, Syria, Iraq, Washington, America, GAZA, LEBANON, China, Saudi Arabia, Dubai, Beirut, Paritosh, New York

☆ Iran's Quandary: How to Stay Out of Israel's War on Hamas
▼ + stars: | 2023-10-22 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +9 min

Iran, a longtime backer of Gaza's rulers Hamas, finds itself in a quandary as it tries to manage the spiralling crisis, according to nine Iranian officials with direct knowledge of the thinking within the clerical establishment. "We are in contact with our friends Hamas, Islamic Jihad, and Hezbollah," Vahid Jalalzadeh, the head of parliament's National Security Committee said on Wednesday, according to Iranian state media. Iran's foreign ministry didn't respond to a request for comment about the country's response to the unfolding crisis, while Israeli military authorities declined to comment. Khamenei, the supreme leader, has denied Iran was involved in the attack, though he praised the damage inflicted on Israel. "Iran's nuanced position emphasizes the delicate balance it must maintain between regional interests and internal stability," said the former senior Iranian official.

Persons: Parisa Hafezi, Jonathan Saul, Arshad Mohammed DUBAI, wouldn't, Avi Melamed, Ayatollah Ali Khamenei, Sayyed Hassan Nasrallah, Israel, Israel didn't, Khamenei, Joe Biden, Biden, John Kirby, Washington, Jon Alterman, Jerusalem, Arshad Mohammed, Laila Bassam, Samia Nakhoul, Michael Georgy, Pravin Char Organizations: Reuters, Islamic, parliament's National Security, Israel, Wednesday, Hezbollah, U.S, Germany's Ramstein Air Base, House, State Department, CSIS, Swiss, Iran, Iranian Locations: Iran, Israel, Gaza, Tehran, U.S, Lebanon, Yemen, United States, Islamic Republic, Iranian, Lebanese, Syria, Iraq, Washington, America, GAZA, LEBANON, China, Saudi Arabia, Dubai, Beirut, Paritosh, New York

☆ Where's the Su-57? The war in Ukraine is what fifth-generation fighter jets were made for, but Russia's Felon has largely been missing in action
▼ + stars: | 2023-10-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +10 min

Russian state media has touted the Su-57 fighter jet as a formidable, fifth-generation aircraft. Sukhoi Su-57 fighter jets perform at the MAKS 2019 air show in Zhukovsky, outside Moscow, Russia, August 27, 2019. Sukhoi Su-57 jet fighter performs during International military-technical forum "Army-2020" at Kubinka airbase in Moscow Region, Russia August 25, 2020. So why is it that the Su-57 isn't doing what a true fifth-generation stealth fighter should theoretically be able to do in Ukraine? AdvertisementAdvertisementSukhoi Su-57 fighter jets perform at the MAKS 2019 air show in Zhukovsky, outside Moscow, Russia, August 27, 2019.

Persons: it's, —, there's, Mike Dahm, Sukhoi Su, Aleksey Nikolskyi, haven't, They're, Assad, Sergei Shoigu, Maxim Shemetov There's, Su, Russia's, Justin Bronk, Bronk, Vladimir Putin, Recep Tayyip Erdogan, Maxim Shemetov, Dahm, There's, that's Organizations: Aviation, intel, Service, NATO, US, Mitchell Institute for Aerospace Studies, Sputnik, REUTERS, Russian, Ukraine, International, Army, Sukhoi, Royal United Services Institute, Aircraft Locations: Ukraine, Russia, Moscow, Zhukovsky, Kremlin, Syria, Kubinka, Moscow Region, Russian, Ukrainian, NATO

Felipe Villarroel, portfolio manager at TwentyFour Asset Management, said he recently swapped some 10-year Treasuries for higher yielding 30-year Treasuries. At these levels, yields give “a massive cushion in your total returns" to protect against bond prices falling further, he said. Yields on the benchmark 10-year U.S. Treasury were over 4.95% in Asia trade on Thursday, their highest level in more than 16 years, and 30-year yields breached 5% this month for the first time since 2007. An auction of 30-year U.S. Treasuries showed weak demand last week, sending yields higher. "The tightness that (bond yields) are imposing on the economy and markets is rising ... this caps the extra work the Fed needs to do," said Smith.

Persons: Jerome Powell, David Rubenstein, Amanda Andrade, Rhoades, Felipe Villarroel, Treasuries, Matt Smith, Ruffer, Buyers, Leslie Falconio, Ruffer's Smith, Smith, Davide Barbuscia, Michelle Price, Ira Iosebashvili, Nick Zieminski Organizations: Federal, Economic, of Washington, Washington , D.C, REUTERS, Treasuries, TwentyFour Asset Management, Bank of America Global Research, Treasury, UBS Global Wealth Management, BlackRock Investment Institute, Thomson Locations: Washington ,, Asia

☆ What new U.S. export controls on China mean for Nvidia and other key parts of AI ecosystem
▼ + stars: | 2023-10-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Washington's tightened grip on artificial intelligence chip sales to China could have long-term implications for Nvidia , 2023's famed AI darling. Through Wednesday's close, Nvidia, the dominant AI player, had lost 7% this week, while Advanced Micro Devices and Marvell Technology slumped more than 2%. What it means for Nvidia Nvidia said in an SEC filing this week that the latest government curbs could hinder its new product development timeline, and a handful of chip models. The major aim of the latest U.S. restrictions is to prevent China from harnessing advanced semiconductor chips to strengthen its military. To be sure, Nvidia isn't the only company slated to feel the pressure from the latest export curbs.

Persons: Greg Bassuk, Atif Malik, Morgan Stanley's Joseph Moore, Malik, America's Vivek Arya, Harlan Sur, Goldman Sachs, Toshiya Hari, Paul Meeks, Meeks, Charles Shi, JPMorgan's, Raymond James, Srini Pajjuri, Michael Bloom Organizations: Nvidia, U.S . Commerce Department, Devices, Marvell Technology, Commerce Department, Micron Technology, AXS Investments, Nvidia Nvidia, SEC, United, United Arab Emirates, Citi, Intel, Investments, Bank, America's, JPMorgan Chase, Lam Locations: China, Boise , Idaho, Vietnam, Saudi Arabia, United Arab, Freemont , California

☆ Sidney Powell could finally be disbarred after pleading guilty, but she has a dark money org to fall back on
▼ + stars: | 2023-10-19 | by ( Jack Newsham | ) www.businessinsider.com time to read: +5 min

Trump lawyer Sidney Powell has been subject to sanctions and an ongoing disbarment effort. A Texas legal ethics practitioner said this kind of case should lead to "automatic disbarment." Powell flipped on Donald Trump and pleaded guilty to six misdemeanor counts related to the 2020 election in Georgia on Friday morning. Bob Bennett, a Texas lawyer with experience defending other attorneys in disciplinary cases, believes she should finally be disbarred. Financial statements for the group say the only related-party transaction is paying an LLC owned by Powell $120,000 for rent.

Persons: Trump, Sidney Powell, —, Sidney Powell's, Powell, Donald Trump, Fani Willis, Rudy Giuliani, Bob Bennett, Biden, Renee Knake Jefferson, Sidney, Bennett, Claire Reynolds, disbar Powell, DTR, it's Organizations: Service, Biden's, Trump, University of Houston Law, US, Office, Western, Western District of, Texas Office, Voting Systems, Washington Post Locations: Texas, Republic, Georgia, Fulton County, Michigan, Wisconsin, Western District, Western District of Texas, Florida

Senator Tim Scott (R-SC) and North Dakota Governor Doug Burgum... Acquire Licensing Rights Read moreWASHINGTON, Oct 17 (Reuters) - Republican presidential contenders are scheduled to face off in a third primary debate on Nov. 8. Those early states are Iowa, New Hampshire, Nevada and South Carolina, all of which are among the first to hold nominating contests. The Republican National Committee has laid out several requirements for surveys to count toward this requirement, including that they must take place after Sept. 1. Senator Tim Scott of South Carolina also appear to have a solid shot of being there, according to recent polls. The November debate could make a difference for some candidates, but is unlikely to change the fundamental dynamics of the race.

Persons: Asa Hutchinson, Chris Christie, Mike Pence, Ron DeSantis, Vivek Ramaswamy, Nikki Haley, Tim Scott, Doug Burgum, Adrienne Arsht, Donald Trump, DeSantis, Trump, Tim Scott of, Haley, Gram Slattery, Nathan Layne, Susan Heavey, Ross Colvin, Deepa Babington, Jonathan Oatis Organizations: Former Arkansas, New, U.S, South Carolina, North Dakota, Republican, NBC News, Adrienne, Adrienne Arsht Center, Performing Arts of Miami, Dade, Florida, Democrats, WHO, Republican National Committee, Trump, RNC, United, North, Thomson Locations: New Jersey, Florida, U.S, WASHINGTON, Miami, Dade County, Iowa , New Hampshire, South Carolina, Iowa, New Hampshire , Nevada, Tim Scott of South Carolina, North Dakota, California, Wisconsin

The endorsement of Jokowi, who commands approval ratings of 80%, will have direct bearing on who wins February's election. Days later Golkar and PAN announced support for Prabowo, giving him the largest party support base. Jokowi has also lent support to Ganjar, deploying teams and volunteer groups to work on his campaign, four sources said. Jokowi has also engaged in talks about vice presidential picks for both Ganjar and Prabowo, three sources said. "Ganjar and Prabowo are 'Jokowi's men' but who knows after Jokowi steps down," he said.

Persons: Indonesia's, Joko, Subianto, Sana Jaffrey, Jokowi, Ganjar, Prabowo, Megawati Sukarnoputri, kingmaker, nepotistic autocrat, Suharto, It's, ANU's Jaffrey, Gibran Rakabuming Raka, Jokowi's, Kaesang Pangarep, Bobby Nasution, Yoes, Kate Lamb, Ananda Teresia, Kanupriya Kapoor, William Mallard Organizations: Australia's National University, Democratic Party of Struggle, Prabowo, Golkar, National Mandate Party, PAN, PDI, Constitutional, Indonesian Solidarity Party, Atma Jaya University, Thomson Locations: JAKARTA, Jakarta, Jokowi, Surakarta, Medan, Indonesia's

☆ IMF says Asian economies under cosh as China's property woes bite
▼ + stars: | 2023-10-13 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

China's post-lockdown economic boost lost momentum earlier than expected, the IMF said. "On the downside, a more protracted real estate crisis and limited policy response in China would deepen the regional slowdown." A sudden tightening of global financial conditions could lead to capital outflows and weaken exchange rates in Asia, the blog added. "While Asia is still set to contribute about two-thirds of all global growth this year, it is important to note that growth is significantly lower than what was projected before the pandemic," the IMF said. The Bank of Japan (BOJ) had maintained a cap on the country's 10-year bond yield at around zero, to support a fragile economy.

Persons: Aly, Leika, John Stonestreet Organizations: China Evergrande Group, REUTERS, China, International Monetary Fund, IMF, Bank of Japan, Thomson Locations: Danzhou, Hainan province, China, Asia, MARRAKECH, Morroco, U.S, outflows, Marrakech, Japan

☆ Jokowi, Indonesia's Kingmaker, Works to Keep Influence After Election
▼ + stars: | 2023-10-13 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +6 min

Persons: Kate Lamb, Ananda Teresia, Indonesia's, Joko, Subianto, Sana Jaffrey, Jokowi, Ganjar, Prabowo, Megawati Sukarnoputri, kingmaker, nepotistic autocrat, Suharto, It's, ANU's Jaffrey, Gibran Rakabuming Raka, Jokowi's, Kaesang Pangarep, Bobby Nasution, Yoes, Kanupriya Kapoor, William Mallard Organizations: Australia's National University, Democratic Party of Struggle, Prabowo, Golkar, National Mandate Party, PAN, PDI, Constitutional, Indonesian Solidarity Party, Atma Jaya University Locations: Ananda, Ananda Teresia JAKARTA, Jakarta, Jokowi, Surakarta, Medan, Indonesia's

Gavin Newsom signed two major pieces of legislation Thursday to transform the state's mental health system and address the state's worsening homelessness crisis, putting them both before voters in 2024. The Democratic governor needs voters' approval because he wants to borrow billions of dollars through a bond to pay for the proposals. It would mark the first major update to the state's mental health system in 20 years. “The days of looking away are gone.”Voters in 2004 approved a special tax on millionaires that has been used to fund mental health programs. It's one of several efforts by Newsom to reform California's mental health system.

Persons: Gavin Newsom, Newsom, ” Newsom, “, Los Angeles Mayor Karen Bass, we're, ”, Democratic Sen, Susan Eggman, ” Dr, Mark Ghaly, We'll, Newsom's Organizations: —, Democratic, General, “, Los Angeles Mayor, ” Voters, California, Human Services Agency Locations: SACRAMENTO, Calif, — California, Los Angeles, California, L.A

☆ Cramer urges investors to stick with Ford, even as latest strike risks denting profits
▼ + stars: | 2023-10-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Around 8,700 Ford workers Wednesday evening walked off the job at the automaker's Kentucky truck plant — its largest and most profitable globally — after the UAW said Ford refused further concessions in contract bargaining. "It's time for a fair contract at Ford and the rest of the Big Three," he added. Ford was apparently caught off guard by the strike at its Kentucky plant, which generates $25 billion in annual revenue, roughly a sixth of the company's global automotive revenue. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Factory workers and UAW union members form a picket line outside the Ford Motor Co. Kentucky Truck Plant in the early morning hours on October 12, 2023 in Louisville, Kentucky.

Persons: Ford, Jim Cramer, Fain, Jim, BofA, Wells, Jim Cramer's, Luke Sharrett Organizations: United Auto Workers, Ford, Big Three Detroit, UAW, Chrysler, General Motors, Big Three, Duty, Ford Expedition, Lincoln, Bank of America, Detroit, CNBC, Factory, Ford Motor Co, Plant, Getty Locations: Kentucky, Wells Fargo, Louisville , Kentucky

☆ Why Cramer expects mega cap stocks will 'shine' in Thursday trading
▼ + stars: | 2023-10-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. "This is one of those days that mega caps are going to shine," Jim Cramer said Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Dow Jones, Jim, Ford, Jim Cramer's Organizations: CNBC, Nasdaq, Labor, Federal Reserve, Treasury, West Texas, Exxon Mobil, Natural Resources, United Auto Workers, Club, Ford, Bank of America Locations: Kentucky

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