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The Archdiocese of Los Angeles has reached a historic $880 million settlement over hundreds of child sex abuse claims. The agreement in principle announced Wednesday settles 1,354 child sexual abuse claims, the plaintiffs’ attorney said in a news release. It is the largest single child sex abuse settlement with a Catholic archdiocese. In 2007, the archdiocese settled child sex abuse lawsuits with 500 victims for $660 million. No designated donations to parishes or schools will be used to finance the settlement, the archdiocese said in a statement issued after the settlement announcement.

Persons: ”, Morgan A, Stewart, José H, Gomez, “ Organizations: Catholic, Archdiocese, Angels, Google Locations: Los Angeles, California, “

LOS ANGELES — Los Angeles County District Attorney George Gascón told NBC News on Wednesday he hopes to make a decision within 10 days about whether to recommend resentencing for the Menendez brothers — and that, if he does, it’s possible they could be out of prison by the end of the year. Erik and Lyle Menendez are serving life sentences without parole for the 1989 shotgun slayings of their parents, José and Mary Louise “Kitty” Menendez, at their Beverly Hills home. Brothers Erik and Lyle Menendez. Ted Soqui / Sygma via Getty Images fileThe brothers were first tried together in 1993, but the jury deadlocked. Although Gascón said he is still contemplating whether to recommend resentencing, his public comments increasingly suggest he is open to it.

Persons: George Gascón, Menendez, —, ” Gascón, ”, Erik, Lyle Menendez, José, Mary Louise “ Kitty ” Menendez, Lyle, Anamaria, José Menendez’s, Gascón, “, Brothers Erik, Ted Soqui, “ I’ve, ” Roy Rossello, “ Menendez, José Menendez, Peacock, Kathy Cady, Milton Andersen, Kitty Menendez's, ” Cady, Erik Menendez, Laurie Levenson, ” Levenson, resentencing, “ We’re Organizations: ANGELES, NBC News, Los Angeles Hall of, Beverly, Getty, Prosecutors, NBCUniversal, Netflix, Loyola Law School Locations: Los Angeles County

☆ How Florence Welch Turned Rage Into Power
▼ + stars: | 2024-10-17 | by ( Lauren Groff | The New York Times | ) www.nytimes.com time to read: +37 min

The musician Florence Welch, photographed in London on July 5, 2024. When I rang the Camberwell, South London, doorbell of Florence Welch, I held a tribute: “The Penguin Book of Spiritual Verse” (2022), edited by Kaveh Akbar. Exacerbating the mixed craving for and fear of having a baby and what it would mean for her art, Welch feels the intense pressure of aging as a female performer. In the latter part of the song, Welch raises her voice in a long howl of rage. Art begins in the body; art is limited by the limitations of the body; at some point, art exceeds the body and can live beyond the scope of flesh.

Persons: Florence Welch, Valentino, Luis Alberto Rodriguez, Vanessa Reid FLORENCE, Florence Welch’s, Inanna, Enheduanna, Jane Hirshfield PROPHETESS, “, Kaveh Akbar, I’ve, Welch, they’re, enormity, Madame Blavatsky, ”, Fleetwood, Taylor Swift, William Morris, Evelyn Welch’s, Vanessa Reid, Welch wouldn’t, who’ve, Nick Cave, Patti Smith, Stevie Nicks, Tom Waits, Jeff Buckley, Sam Cooke, Otis Redding, ” Welch, Ganavya Doraiswamy, who’s, Welch’s —, Doraiswamy, Uyir, Federico García Lorca’s, it’s, Shakespeare, Mozart, Toni Morrison, Lorca, It’s, Jack Antonoff, she’s, Chanel, Nick Welch, Sebastians, she’d, dryly, Bugsy Malone ”, Grace, squats . Welch, Isabella Summers, hasn’t, didn’t, Fiona Apple, Kate Bush, Regina Spektor, Annie Lennox, Joanna Newsom, Sinead O’Connor, thrall, ’ She’s, Gustav Klimt, who’d, Jimi Hendrix, Janis Joplin, Jim Morrison, Kurt Cobain, She’d, Dave Grohl, Scott Fitzgerald’s, Thomas Bartlett, Nico Muhly, Yoko Ono, Sufjan Stevens, Nick Carraway’s, Jay Gatsby, —, hadn’t, spiraled, Louis Vuitton, John, John Singer Sargent, Sargent, Miss Elsie Palmer ”, I’d, “ I’ve, Britney Spears, Dolly Parton, ” I’d, de Wilde, ” de Wilde, Julia Margaret Cameron, Leonora Carrington, Remedios Varo, Loie Fuller, Ellen Terry, Lady MacBeth ”, ’ ” Welch, they’d, King ”, King, Elvis Presley, revel, Ovid, Apollo, preternaturally, Anthony Turner, Thom Walker, Afra Zamara, Jack Symes, Sam Hearn, Daiki Tajima, Federico Covarelli, Emily Rose Lansley, John Allan, Samanta Falcone, Ollie Kariel, Pip Long, Karen Avenell, Andreea Georgiana Rădoi, Sam Wright Organizations: Machine, YouTube, Enheduanna, University of Bristol, Smiths, Big, Camberwell College of Arts, Foo Fighters, American, Theater, Antonoff, Tate, John Singer, Jolly, Art, Digital Locations: London, FLORENCE, Camberwell, South London, Florence, Florida, ”, Camberwell —, British, Tamil, Spanish, Strasbourg, dyscalculia, Toronto, squats ., Cambridge, New York City, Tate Britain, American, “

The musician Florence Welch, photographed in London on July 5, 2024. When I rang the Camberwell, South London, doorbell of Florence Welch, I held a tribute: “The Penguin Book of Spiritual Verse” (2022), edited by Kaveh Akbar. Chanel coat, price on request, (800) 550-0005; Valentino tights (worn underneath), $1,000; and Welch’s own dress, headband and jewelry. An aversion to definition is a great gift to an artist like Welch. Art begins in the body; art is limited by the limitations of the body; at some point, art exceeds the body and can live beyond the scope of flesh.

The musician Florence Welch, photographed in London on July 5, 2024. When I rang the Camberwell, South London, doorbell of Florence Welch, I held a tribute: “The Penguin Book of Spiritual Verse” (2022), edited by Kaveh Akbar. Chanel coat, price on request, (800) 550-0005; Valentino tights (worn underneath), $1,000; and Welch’s own dress, headband and jewelry. Exacerbating the mixed craving for and fear of having a baby and what it would mean for her art, Welch feels the intense pressure of aging as a female performer. Art begins in the body; art is limited by the limitations of the body; at some point, art exceeds the body and can live beyond the scope of flesh.

The musician Florence Welch, photographed in London on July 5, 2024. For nearly two decades, Florence Welch’s songs have offered a mythic view not only of pop music but of the glories and rages of being a female artist today. When I rang the Camberwell, South London, doorbell of Florence Welch, I held a tribute: “The Penguin Book of Spiritual Verse” (2022), edited by Kaveh Akbar. An aversion to definition is a great gift to an artist like Welch. Art begins in the body; art is limited by the limitations of the body; at some point, art exceeds the body and can live beyond the scope of flesh.

☆ Kamala Harris works to fortify the ‘blue wall’ as Democrats fret over a 2016 repeat
▼ + stars: | 2024-10-17 | by ( Jeff Zeleny | Eric Bradner | ) edition.cnn.com time to read: +14 min

“It’s both persuading and mobilizing at the same time – really until the end,” said Dan Kanninen, battleground director for the Harris campaign. In Pennsylvania, Harris lacks a key element of Biden’s appeal: The Catholic, working-class son of Scranton had local and cultural ties to the state. Vice President Kamala Harris speaks at a campaign event in Washington Crossing, Pennsylvania, on October 16, 2024. “Kamala is for they/them,” a Trump campaign ad declares. But he said it was clear to him that the Harris campaign has learned lessons from 2016.

Persons: Milwaukee CNN — Kamala Harris, Donald Trump’s, lockstep –, Harris, Trump, “, Gretchen Whitmer, Brian Schimming, I’ll, ” Schimming, ” Harris, ”, Liz Cheney, It’s, –, Dan Kanninen, Donald Trump, ” Kanninen, Joe Biden, – Whitmer, Tony Evers, Josh Shapiro, Pennsylvania –, “ We’re, ” Evers, Whitmer, Evers, ” Whitmer, Sarah Kloepping, Michael Dukakis, George H.W, Bush, Gerald Ford, Jimmy Carter, “ It’s, they’ve, Barry Burden, Biden, ” Biden, Barack Obama, Kamala, Harris ’, Tim Walz, Walz, Let’s, Howard Stern, Kamala Harris, Evelyn Hockstein, outspending, “ Kamala, Jill Stein, Stein, Robert F, Kennedy Jr, Kennedy, “ She’s, Christine Fink, Fink, “ I’ve, Phil Swanhorst, “ Trump, Clinton, ” Swanhorst, ” CNN’s David Wright Organizations: Milwaukee CNN, CNN, Wisconsin Republican Party, GOP, Democratic, Republicans, Wyoming, Trump ., Pennsylvania, “, ” Michigan, USA, Elections Research, University of Wisconsin -, Philadelphia Democrats ’, International Brotherhood of Teamsters, International Association of Fire Fighters, Democrats, Republican, Trump, Keystone State, Michigan, Green Party, Cornel West, Democratic National Committee, ”, Libertarian Party, Democratic Party Locations: Wisconsin , Michigan, Pennsylvania, Lakes, lockstep, Michigan, Wisconsin, Harris, Bucks County , Pennsylvania, Bucks County, Oakland County , Michigan, Waukesha County , Wisconsin, Arizona , Georgia, Nevada, North Carolina, Tony Evers of Wisconsin, Hudson , Wisconsin, Green Bay , Wisconsin, University of Wisconsin - Madison, Scranton, ”, Dearborn, Gaza, Detroit, Minnesota, Washington Crossing , Pennsylvania, Georgia , North Carolina, Arizona, Trump, Eau Claire, Ireland, Hillary, Eau Claire County

☆ Insurer Travelers profit soars on underwriting strength, investment gains
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +2 min

Travelers reported a nearly three-fold jump in third-quarter profit on Thursday, as higher underwriting gains and investment income more than offset steep catastrophe losses. Travelers' net written premiums rose 8% in the quarter from a year earlier, as all its units grew, the company said. Underwriting gains climbed to $685 million compared with a loss of $136 million a year earlier, while net investment income rose nearly 18%, thanks to strong fixed income returns and growth in fixed maturity investments. The euphoria has also spread to other asset classes, bolstering gains across investment portfolios. Travelers' underlying combined ratio improved to 85.6%, compared with 90.6% a year earlier.

Persons: Hurricane, Debby, Francine, Helene, Milton Organizations: Travelers, United Locations: United States, Florida, Louisiana

☆ Inshur provides embedded insurance to ride-hailing companies like Uber. Check out the 16-slide pitch deck used to secure $19 million.
▼ + stars: | 2024-10-17 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Insurtech startup Inshur has secured $19 million in Series B funding. AdvertisementNew York-based startup Inshur, which provides bespoke insurance for workers in the on-demand economy, has secured $19 million in Series B funding. AdvertisementIts products are used by ride-hailing clients such as Uber and can be embedded into a company's existing platform. For example, Uber drivers can log in using their Uber credentials on the Inshur app, to get a quote, said Bratshpis. The Series B, led by Viola Growth and with participation from MS&AD, brings the startup's total funding to $80 million.

Persons: —, Dan Bratshpis, Viola Growth, Inshur Organizations: Service, Uber, American Business Insurance Services Locations: New York

☆ Retail sales rose 0.4% in September, better than expected; jobless claims dip
▼ + stars: | 2024-10-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A customer during the grand re-opening of a Century 21 department store in New York, US, on Tuesday, May 16, 2023. Retail sales increased a seasonally adjusted 0.4% on the month, up from the unrevised 0.1% gain in August and better than the 0.3% Dow Jones forecast, according to the advanced report. Excluding autos, sales accelerated 0.5%, better than the forecast for just a 0.1% rise. The numbers are adjusted for seasonal factors but not inflation, which rose 0.2% on the month as measured by the consumer price index. Despite the decline in initial filings, continuing claims, which run a week behind, edged higher to 1.867 million.

Persons: Dow Jones, Helene, Milton Organizations: Federal Reserve, Commerce Department, Dow, Labor Department, Stock, Boeing Locations: New York, Florida, North Carolina, U.S, Michigan

☆ Stock market today: Indexes gain after strong retail sales data
▼ + stars: | 2024-10-17 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Stocks rose Thursday as investors digested strong retail sales data and more earnings. Retail sales data showed US consumer spending remains robust, with monthly spending up 0.4%. AdvertisementUS stocks climbed on Thursday as traders saw better-than-expected retail sales data and continued to digest strong corporate earnings reports. September's retail sales report showed consumer spending remains strong, with monthly spending up 0.4% from August, just above a Dow Jones consensus estimate of 0.3%. And almost every AI innovator is working with TSMC," TSMC chairman and CEO C.C.

Persons: Stocks, ASML, —, C.C, Wei, TSMC, Morgan Stanley, JB Hunt Organizations: Service, Dow Jones, Commerce Department, Federal Reserve, Labor Department, chipmaker Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, chipmakers, United Airlines, Netflix, Caixin Global, JB Locations: Wednesday's, Here's, China

☆ Elon Musk peddles debunked 2020 election conspiracies at first solo town hall supporting Trump
▼ + stars: | 2024-10-17 | by ( Marshall Cohen | ) edition.cnn.com time to read: +3 min

“So, there’s always a question of, like, say, the Dominion voting machines. Fact: Hand counts and audits of such paper ballots have repeatedly proven that Dominion machines produce accurate results. Regardless, Dominion machines were used in 2020 in Maricopa County, Arizona, home to the state’s largest city, Phoenix. The city used machines from ES&S, according to Verified Voting, which tracks which voting equipment used in counties across the country. Nonetheless, Trump routinely says that the country needs to start using paper ballots.

Persons: Washington CNN — Elon Musk, Donald Trump, ”, Musk, ” Musk, there’s, they’re, Trump, Rudy Giuliani, Musk’s, Joe Biden Organizations: Washington CNN, Dominion, Voting Systems, Fox News, Democratic, Republican, CNN, US Locations: Pennsylvania, Philadelphia, Maricopa County, Philadelphia County, Arizona, Maricopa County , Arizona, Phoenix

☆ Stress and ‘moon face’: What experts say about this TikTok trend
▼ + stars: | 2024-10-17 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

“It can look swollen and inflamed.”“It’s from high cortisol, aka high stress,” a woman says in another post. How stress can affect the faceWhile cortisol levels from elevated everyday stress may not be the reason behind so-called moon face, the hormone can take a toll on the skin in other ways. “Consistently elevated cortisol levels have been shown to inhibit your skin’s production of collagen, hyaluronic acid and healthy lipids like ceramide,” Bowe told CNN in an earlier interview. Tips for less stressThere are ways to reduce stress that can benefit the skin as well, experts say. In addition, yoga, meditation and deep breathing are all known to decrease cortisol production and stress levels.

Persons: ”, Dr, Rajani, ” Katta, Katta, Whitney Bowe, ” Bowe, Raj Dasgupta, “ It’s, ” Dasgupta, “ Organizations: CNN, Social, Baylor College of Medicine, Johns Hopkins Medicine, Icahn School of Medicine, Mount Sinai Medical, Whole, “, Huntington Health, US Centers for Disease Control Locations: TikTok, Houston, New York City, California

☆ Israeli military says it is investigating the possible killing of Hamas leader Yahya Sinwar
▼ + stars: | 2024-10-17 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

The Israeli military on Thursday said it was investigating the "possibility" that Hamas leader Yahya Sinwar was among three militants killed in an operation in the Gaza Strip. The Israeli Defense Forces added that the identity of the three casualties could not be confirmed at this time. "The forces that are operating in the area are continuing to operate with the required caution," it added in a social media post. In a social media update posted after the IDF communication, Israeli Defense Minister Yoav Gallant said, "You will pursue your enemies and they will fall before you by the sword. Sinwar assumed overall command of the Iran-backed Hamas in August, following the assassination of former political chief Ismail Haniyeh.

Persons: Yahya Sinwar, Yoav Gallant, John Kirby, Washington, Sinwar, Ismail Haniyeh, Israel, Benjamin Netanyahu, Houthis, Hassan Nasrallah Organizations: Israeli Defense Forces, CNBC, Israeli, National Security, NBC News, Hezbollah Locations: Gaza, Iran, Israel, Tehran, Lebanese, Beirut, U.S, Asia, Pacific

☆ Harris clashes with Fox as she tries to peel away some GOP voters
▼ + stars: | 2024-10-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

In the end, on Wednesday, both Harris and Fox News probably got what they wanted. But before the interview, Harris spokesman Ian Sams explained her thinking. If only a few thousand Fox viewers or traditional conservatives swapped sides, it could push some swing states in the vice president’s direction. Still, the risk for Harris is that her display in her first formal Fox interview could alienate some of those voters. It’s taken her several months to arrive at the assurance that she’d strike a strong contrast with Biden’s administration, which she unveiled in the Fox interview.

Persons: CNN — Kamala Harris didn’t, Donald Trump —, heatedly, Bret Baier, Harris, Baier, she’s, “, ” Harris, Trump, Joe Biden’s, ” Fox, Harris ’, “ Kamala, Fox, Donald Jr, Eric, Stephen Miller, Ian Sams, Kamala Harris, Ryan Collerd, Nikki Haley, —, ” She’s, Biden, they’re, Donald Trump, Alex Brandon, Sen, JD Vance, “ I’ve, ” Trump, –, ”, he’s, It’s, parry Organizations: CNN, Fox News, Trump, Republicans, Fox, Keystone State, Republican, Getty, GOP, South Carolina Gov, Ohio Republican Locations: Pennsylvania, ”, United States, Washington, Washington Crossing , Pennsylvania, AFP, Bucks County, Philadelphia, Ohio, Univision, Doral , Florida

☆ Why we're downgrading our solar stock Nextracker, plus the chipmakers bounce back
▼ + stars: | 2024-10-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Semiconductor stocks are rebounding in reaction to a beat-and-raise earnings report from Taiwan Semiconductor . NEXTracke r: Shares of solar stock Nextracker are having another rough day, dropping roughly 3%. 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. A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023.

Persons: Jim Cramer, Donald Trump, Joe Biden, Trump, there's, we've, Jim Cramer's, Jim, Amber Wang Organizations: CNBC, Semiconductor, Taiwan Semiconductor, Nvidia, Apple, Taiwan Semi, ASML Holdings, Treasury, Atlanta, JPMorgan, Nextracker, Microsoft, Republican, Netflix, Procter, Gamble, American Express, Jim Cramer's Charitable, Taiwan Semiconductor Manufacturing Company, Center, Afp, Getty Locations: Taiwan, Hsinchu, AFP

☆ Treasury yields rise as investors await key data
▼ + stars: | 2024-10-17 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

ET, the 10-year Treasury yield was up by more than two basis points to 4.0415%. The 2-year Treasury yield was over one basis point higher to 3.9529%. U.S. Treasury yields were higher Thursday as investors weighed comments from Federal Reserve officials made throughout the week and awaited key economic data. Investors on Thursday looked to fresh key economic data which comes after the latest remarks from Fed officials about the potential path ahead for interest rates. The data comes after several Fed officials earlier this week hinted at further rate cuts to come.

Persons: Dow Jones, —, Jeff Cox, Sophie Kiderlin Organizations: U.S, Treasury, Federal Reserve, European Central Bank Locations: U.S

CNN —A Travis County judge granted a Texas House committee’s last-minute temporary restraining order request against the state just 90 minutes before Robert Roberson was scheduled to be executed Thursday. While authorities have not confirmed the execution is delayed, Roberson’s attorneys and the committee fighting for him told CNN they believe the execution is currently halted. “This is an injustice and his blood is on Abbott and Anderson County,” she told CNN. I did not hear his voice,” Brian Wharton, the former detective who oversaw the investigation into Nikki’s death, told state lawmakers Wednesday at a hearing featuring the case. I don’t want to be there, I don’t want to watch it happen,” Wharton told CNN.

Persons: Travis, Robert Roberson, Amanda Hernandez, Roberson, Sonia Sotomayor, ” Sotomayor, ”, Sotomayor, “, ” Robin Maher, Greg, Abbott, Dale Wainwright, Jennifer Roberson, Brian Wharton, Roberson’s, he’s, pediatricians, Nikki Curtis, They’ve, Paroles, ’, Nikki, Nikki “, –, Robert, ” Brian Wharton, Wharton, Gretchen Sween –, ” Wharton, John Grisham, Sween, Jeff Leach, Antoinette Laskey, ” Laskey Organizations: CNN, Texas, Texas Department, Criminal, US, Former Texas Supreme, Huntsville Unit, Supreme, GOP, Wednesday, Appeals, American Academy of Pediatrics, US Army, National Registry, American Academy of Pediatrics ’, Child Locations: Texas, ” Texas, Travis, Huntsville, Anderson County, Anderson, Palestine , Texas

☆ Myanmar’s internet freedom is now as bad as China’s, report finds
▼ + stars: | 2024-10-17 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —For the past decade, China has consistently ranked last in the world for internet freedom due to its all-pervading online surveillance and content control system dubbed the “Great Firewall.”But a new report out Wednesday shows that internet freedoms in China’s neighbor Myanmar are now just as lacking. The report from Freedom House, a US government-funded NGO, found that global internet freedom has declined for the 14th consecutive year. In a record 43 countries, people were physically attacked or killed in retaliation for their online activities, the report found. The Central Asian nation Kyrgyzstan showed the biggest drop in internet freedoms, according to the report, as President Sadyr Japarov ramped up efforts to silence digital media and suppress online organizing. The report also covers online disinformation campaigns and political interference in the run-up to elections, including harassment of independent researchers and fact checkers.

Persons: ”, Mao Ning, Sadyr Japarov, Kloop, “ Organizations: CNN, Freedom, Trust, United Nations, UN, China’s Ministry of Foreign Affairs, ”, Central, US Locations: China, China’s, Myanmar, Central Asian, Kyrgyzstan, Iceland, United States, ’

☆ The Greats: Florence Welch, Lorna Simpson, Jonathan Anderson and Theaster Gates
▼ + stars: | 2024-10-17 | by ( The New York Times | Lauren Groff | ) www.nytimes.com time to read: +37 min

The musician Florence Welch, photographed in London on July 5, 2024. For nearly two decades, Florence Welch’s songs have offered a mythic view not only of pop music but of the glories and rages of being a female artist today. When I rang the Camberwell, South London, doorbell of Florence Welch, I held a tribute: “The Penguin Book of Spiritual Verse” (2022), edited by Kaveh Akbar. Exacerbating the mixed craving for and fear of having a baby and what it would mean for her art, Welch feels the intense pressure of aging as a female performer. Art begins in the body; art is limited by the limitations of the body; at some point, art exceeds the body and can live beyond the scope of flesh.

☆ Archdiocese of Los Angeles agrees to pay $880 million to victims of clergy sexual abuse
▼ + stars: | 2024-10-17 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

Los Angeles, California (AP) – The Archdiocese of Los Angeles has agreed to pay $880 million to victims of clergy sexual abuse dating back decades, in what an attorney said was the largest single child sex abuse settlement with a Catholic archdiocese, it was announced Wednesday. Attorney Morgan Stewart, who led the negotiations, said in a statement that the settlement is the largest single child sex abuse settlement with a Catholic archdiocese. “These survivors have suffered for decades in the aftermath of the abuse. The settlement will be funded by archdiocese investments, accumulated reserves, bank financing, and other assets. According to the archdiocese, certain religious orders and others named in the litigation will also cover some of the cost of the settlement, the Times said.

Persons: José H, Gomez, “, ”, Morgan Stewart, ” Stewart Organizations: –, Catholic, Los Angeles Times, United States, Attorneys, Times Locations: Los Angeles , California, – The, Los Angeles, United, “

☆ Federal judge blasts DeSantis administration for threats against TV stations
▼ + stars: | 2024-10-17 | by ( Liam Reilly | Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —“To keep it simple for the State of Florida: it’s the First Amendment, stupid.”That’s what a federal judge wrote Thursday as he sided with local TV stations in an extraordinary dispute over a pro-abortion rights television ad. “Florida has now banned abortions, even in cases like mine.”The state health department – part of Gov. John Wilson, the health department’s general counsel, sent cease-and-desist letters to multiple television stations airing the ad. The health department’s threats were so chilling that WINK, a CBS affiliate, pulled the ad from its broadcasts, Florida Politics reported. Other stations have continued to air the ad, some as recently as Thursday evening, according to the TVEyes video search service.

Persons: New York CNN —, Mark E, Walker, Caroline, ”, Ron DeSantis’s, –, John Wilson, Wilson, Joseph Ladapo, ” Wilson, “, ” Jae Williams, Jessica Rosenworcel Organizations: New, New York CNN, State of, Chief U.S, District, Northern, Northern District of, Gov, Tampa Bay Times, Miami Herald, CNN, Physicians for Human Rights, CBS, Florida Politics, Democratic, FCC Locations: New York, State of Florida, Northern District, Northern District of Florida, Florida

Most of the fake electors and election deniers did not respond to CNN’s request for comment. MichiganOut of the seven states Trump targeted in 2020, Michigan’s slate of Republican electors for 2024 has – by far – the largest share of election deniers and 2020 fake electors. Five of the 2020 fake electors from the state were tapped to serve as 2024 electors. Thanks to this hedged language, the 2020 fake electors in Pennsylvania weren’t charged. WisconsinTo settle a civil lawsuit brought by Wisconsin’s real 2020 Democratic electors, the state’s fake GOP electors from 2020 agreed to stay out of the 2024 election process.

Persons: Donald Trump’s, Joe Biden’s, Trump, “, ”, Lindsey Miller, Mike Pence, Pence, Kamala Harris, Pete Hoekstra, Meshawn Maddock, Marian Sheridan, John Haggard, Timothy King, Amy Facchinello, Hank Choate, Donald Trump, Ryan Garza, Dana Nessel, Jim Tokarski, ” Linda Glisman, ” Andrew Sebolt, Bill Bachenberg, Carla Sands, wasn’t, Fred Keller, Samuel “ Jim ” Worthington, doesn’t, Biden, Michael McDonald, Jesse Law, John Locher, Bruce Parks, Parks, Biden’s, ” Parks, Caroline Jeffords “, Salleigh Grubbs, Suzi Voyles, Voyles, Josh McKoon, Laurie McClain, Loch, ” McClain, Wisconsin’s, Jeff Mandell, Angie Sapik, Nam, Sapik, Debbie Maestas, General Raúl Torrez, Gina Swoboda, Swoboda, ” CNN’s Ethan Cohen, Jason Morris, Scott Glover, Veronica Stracqualursi Organizations: CNN, Trump, Republican Party, Democracy, Republicans, Electoral, Justice Department, Michigan GOP, Capitol, Detroit Free Press, USA, Michigan, Democrat, Detroit News, statehouse, National Rifle Association, Democratic, Nevada GOP, Clark County GOP, Las, Las Vegas . Nevada GOP, Washoe GOP, Washington Post, Fulton, Cobb County GOP, Georgia Republican Party, NPR, Georgia Republican, Gwinnett County GOP, Georgia Republicans, GOP, Patriots, Wisconsin Watch, Wisconsin Center, Wisconsin Republicans, Facebook, New, New Mexico GOP, Republican National Convention, Prosecutors, Foundation Locations: Pennsylvania, Michigan, Wolverine, Michigan’s, Lansing, Denmark, Nevada, Clark County, Las Vegas . Nevada, Las Vegas, Washoe County, Washoe, Georgia, Fulton County, Cobb County, Gwinnett County, Wisconsin, China, Milwaukee, Madison, New Mexico New Mexico, New Mexico, Mexico, Arizona, Trump

☆ Inside Blackstone's growing 'credit juggernaut'
▼ + stars: | 2024-10-17 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +7 min

Private lending is now Blackstone's largest business by assets, up 22% since last year. Inside Blackstone's growing "credit juggernaut." By contrast, Blackstone's private-equity business manages $344.7 billion, and its real-estate investing arm, the firm's largest business at the start of the quarter, has $325.1 billion. The largest third-party lenderWhile Blackstone now claims to be the largest third-party credit provider, Apollo is the largest non-bank lender with $562 billion in private credit assets under management. Blackstone's private credit arm has generated 16.7% in returns over the last twelve months, though falling interest rates "put some pressure on absolute returns," Gray said.

Persons: Jon Gray, —, Blackstone, Jonathan Gray, CLOs, Gray, Steve Schwarzman, that's, We're, It's, Schwarzman Organizations: Service, Blackstone, Canada, Plan Investment Locations: New York, Asia, Pacific

☆ Hurricane Milton’s losses of up to $34 billion could make it one of the costliest storms in US history
▼ + stars: | 2024-10-17 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Losses from Hurricane Milton could reach as high as $34 billion, according to an early estimate of both flood and wind damage from research firm CoreLogic, with between $4 billion to $6 billion of those losses being uninsured flood damage. Most insured flood damage is covered by the National Flood Insurance Program (NFIP), run by the Federal Emergency Management Agency. Homeowners who live in areas at high risk of flooding are often required by their mortgage lender to have flood insurance. The Milton losses will likely total far below CoreLogic’s estimated losses of up to $47.5 billion from Hurricane Helene, which came only two weeks before Milton. The lower end of the insured losses estimate from CoreLogic would be $17 billion, with $13 billion of wind damage covered by homeowners and business insurance , and $4 billion of insured flood losses.

Persons: Hurricane Milton, ”, Daniel Betten, Milton, “, Tom Larsen, Hurricane Helene, Ike, Helene Organizations: New, New York CNN, tornados, National Flood Insurance, Federal Emergency Management Agency, Homeowners, Hurricane, Insurance Information Institute, Florida Gulf, Citizens Property Insurance Corp Locations: New York, Hurricane Milton, Florida, United States, Sarasota, Tampa, CoreLogic, Hurricane, Florida Gulf Coast

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