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☆ Google's lawyer 'visibly cringed' when this confidential number was said aloud during its antitrust trial, report says
▼ + stars: | 2023-11-14 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +2 min

Google reportedly pays Apple a 36% cut of its search ad revenue through Safari as part of its deal. The US' Google antitrust case centers on how Google pays partners to promote its search engine. AdvertisementAn apparent slip-up during an expert's testimony in Google's antitrust trial reportedly drew a reaction from the search engine company's lawyer in the court room. The moment revealed more about Google's deal with Apple to remain the default search engine in Safari. So when University of Chicago professor Kevin Murphy, a Google economics expert and witness for the trial, disclosed the confidential number during his testimony, Google's main lawyer "visibly cringed," Bloomberg reported.

Persons: —, Kevin Murphy, Google's, Murphy didn't, Apple Organizations: Google, Apple, Safari, Bloomberg, Service, University of Chicago, Department of Justice, Microsoft

Visitors cast their shadows past the logo of Google at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. "The payments that Google makes reflect that competition," he said. Murphy also argued that the payments to device makers and others were often passed through to users in the form of a cheaper phone or better data plan. Further, Murphy argued that while Microsoft had virtually all the preinstalled browser defaults in early 2010s, its Bing search engine got just 15% of search queries. Reporting by Diane Bartz Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Gonzalo Fuentes, Kevin Murphy, Apple, Murphy, Diane Bartz, Marguerita Choy Organizations: Google, Viva Technology, Porte de, REUTERS, Microsoft, Apple, University of Chicago Booth School of Business, Big Tech, Thomson Locations: Porte, Paris, France, WASHINGTON

☆ College students plotting to get Starbucks kicked off campuses plan to join baristas as they walk off the job on Red Cup Day
▼ + stars: | 2023-11-13 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

Starbucks workers plan to walk off the job on November 16, which is expected to be Red Cup Day. Students from campuses around the US plan to join Starbucks employees when they walk off the job later this week on what is expected to be Red Cup Day. Starbucks has not officially announced when Red Cup Day will be held this year, but last year, it was held on Thursday, November 17. College students actively campaigning to boot Starbucks from campuses plan to join workers November 16, a day the union is labeling "Red Cup Rebellion." Starbucks Workers United represents more than 300 unionized Starbucks stores and 9,000 workers.

Persons: —, Ella Clark, Caitlin Power, Alex Yeager, Yeager Organizations: Red, College, Service, Starbucks, Georgetown, Cornell University, Cornell, University of Washington , University of Minnesota, University of Maryland, Baltimore County, University of Louisville, University of Chicago, UCLA, Stanford University, Boston University, American University, University of Arizona, Workers, Starbucks Workers United, Portland Press Herald, National Labor Relations, Starbucks Workers Locations: San Francisco, Ithaca, Baltimore, Gardner , Massachusetts

It was late October and Tim Scott’s campaign manager, Jennifer DeCasper, was trying to rally the troops on an all-staff call, announcing that they would soon relocate to Iowa in a last-ditch move to salvage his floundering presidential bid. She broke the news from the back seat of an Uber, according to four people familiar with the call. As the car bumped through the streets of Chicago after a Scott speech had run long, Ms. DeCasper insisted, “We are not failing.”But by then, even many of those around Mr. Scott believed his candidacy had already run its course. And his super PAC had canceled its own television ads days before Ms. DeCasper’s staff call. From 2020 to 2022, Mr. Ellison donated $35 million to Scott-aligned groups, and a huge check had seemed a foregone conclusion when Mr. Ellison showed up at the Scott kickoff and got a shout-out from the stage.

Persons: Tim Scott’s, Jennifer DeCasper, Uber, Scott, DeCasper, “, Larry Ellison, Ellison Organizations: PAC, Scott Locations: Iowa, Chicago

☆ A shark pup that can 'walk' and was asexually conceived was just born at a Chicago-area zoo
▼ + stars: | 2023-11-11 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

A Chicago-area zoo recently welcomed a new epaulette shark pup. AdvertisementAdvertisementA new shark pup is always cause for celebration at the Brookfield Zoo, but the birth of an epaulette shark has zookeepers especially excited due to its unusual conception. Epaulette sharks, which can reach up to 3 feet long at maturity, are easily identified by the large spots behind their pectoral fins. The birth of the pup in Brookfield marks the second known asexual birth of an epaulette shark in an accredited zoo or aquarium, per the release. AdvertisementAdvertisementThe pup at the zoo, housed in the Living Coast habitat, continues to thrive, per the release.

Persons: —, they're, Kevin Feldheim, Feldheim, Mike Masellis Organizations: Service, Brookfield Zoo, New, Deutsche Welle, Aquarium Locations: Chicago, Brookfield, German

☆ Pakistan’s Lahore is the latest megacity to shut down as pollution chokes swathes of South Asia
▼ + stars: | 2023-11-10 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

CNN —Lahore has become the latest megacity to shut down as pollution chokes swathes of South Asia, where nearly 50 million people have been breathing toxic air for nearly a week. Commuters make their way through a busy street amid smoggy conditions in Lahore on November 7, 2023. The PM2.5 levels in all these cities far exceed the World Health Organization’s limit and illustrate a growing concern for South Asian countries as they experience rapid industrializations and population booms that are fueling pollution levels. Commuters make their way along the Signature Bridge amid heavy smog conditions in New Delhi on November 9, 2023. The study also found that every single one of India’s 1.4 billion residents endures annual average pollution levels that exceed guidelines set by the World Health Organization.

Persons: Mohsin Naqvi, Arif Ali, Arun Sankar Organizations: CNN, Authorities, Lahore –, Getty, Getty Images Dhaka, Energy, Institute, University of Chicago, World Health Organization, Doctors Locations: Lahore, South Asia, Swiss, Pakistan’s Punjab, Gujranwala, Hafizabad, AFP, Pakistan, India, New Delhi, Haryana, Punjab, Uttar Pradesh, India’s, Kolkata, Mumbai, Bangladesh, Delhi

☆ Here’s why saving this Illinois auto plant is a ‘gigantic deal’
▼ + stars: | 2023-11-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

Now the United Auto Workers union can add one more. Illinois is not a political battleground state like Michigan or Ohio, which have far more auto plants. But that plant is now due to reopen as an assembly plant in 2027, building a new midsize pickup truck. President Joe Biden speaks to the United Auto Workers union in Belvidere, Illinois, on Thursday. And it’s what happened with the last GM assembly plant in Detroit, its Hamtramck Assembly plant, that as part of the 2019 labor deal was closed in early 2020 and re-tooled to make electric pickups, reopening in November 2021.

Persons: Joe Biden, Shawn Fain ., “, ”, Jeff Schuster, Fain, Biden, ” Fain, Evan Vucci, ” ‘, Dawn Sims, Stellantis, Schuster Organizations: New, New York CNN —, Motors, Stellantis, Ford, United Auto Workers, UAW, Stellatis, GM, Workers, GlobalData, Chrysler, Hamtramck Assembly Locations: New York, Belvidere , Illinois, Shawn Fain . Illinois, Michigan, Ohio, Belvidere, Illinois, Chicago, Stellantis, Delaware, Edmunds, Sterling Heights , Michigan, Detroit, Hamtramck, Spring Hill , Tennessee, Orion Township , Michigan, Lordstown , Ohio, Warren , Michigan, Baltimore

☆ Austan Goolsbee Says Fed Will Need to Monitor Risks of Overshooting on Rates
▼ + stars: | 2023-11-09 | by ( Nick Timiraos | ) www.wsj.com time to read: 1 min

Austan Goolsbee, Chicago Fed president, says how long to hold rates at the current level could be shaped by whether external shocks hit the economy. Photo: David Paul Morris/Bloomberg NewsA Federal Reserve official said the central bank will need to pay close attention to the effects of higher longer-term bond yields to make sure they don’t slow the economy more than expected over the coming year. Austan Goolsbee , president of the Federal Reserve Bank of Chicago, said in an interview Wednesday the recent run-up of longer-term borrowing costs could become more important as the central bank shifts its focus from how high to raise interest rates and toward how long to hold them near a 22-year high.

Persons: Austan Goolsbee, David Paul Morris Organizations: Chicago Fed, Bloomberg, Federal Reserve, Federal Reserve Bank of Chicago

☆ Opinion | The Problem of Campus Speech Is Even Harder Than You Think
▼ + stars: | 2023-11-08 | by ( Jesse Wegman | ) www.nytimes.com time to read: +9 min

Examples abound of abhorrent speech by students and faculty members, mostly aimed at Israel, Jews and even Jewish students — and yet abhorrent does not equal criminal. By imposing speech codes that ban what they deem offensive speech without clearly defining it, they have encouraged illiberalism in an environment designed to cultivate the liberal arts. Administrators continue to face intense pressure to make statements and take sides, whether from students, faculty members, donors or lawmakers. “There’s no answer that will please everybody,” Erwin Chemerinsky, the dean of the Berkeley School of Law and an expert on free speech, told me. Obviously there are legal red lines to a culture of free speech: threats, intimidation and harassment, to name the obvious ones.

Persons: Harry Kalven Jr, “, ” Erwin Chemerinsky, Mr, Chemerinsky, he’s, Suzanne Nossel, ”, Nossel, —, Ron DeSantis Organizations: Cornell University, don’t, University of Chicago, Universities, Berkeley School of Law, Civil, PEN America, University of North, Texas Locations: Israel, Vietnam, Berkeley, University of North Carolina, Florida

☆ CNBC Daily Open: Goolsbee’s ‘golden path’ is still visible
▼ + stars: | 2023-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

David Paul Morris | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineLast month's sudden surge in Treasury yields and oil prices — both of which tend to suppress investors' appetite for stocks — looks to be ending. As Treasury yields serve as the benchmark for interest rates on loans and cash investments, sinking yields generally benefit rate-sensitive companies more. Chicago Federal Reserve President Austan Goolsbee told CNBC, "Because of some of the strangeness of this moment, there is the possibility of the golden path ... that we got inflation down without a recession."

Persons: Goolsbee, David Paul Morris, they're, WTI's, that's, Alastair Pinder, Austan Goolsbee, — Organizations: Federal Reserve Bank of Chicago, Bloomberg, Getty, CNBC, West Texas Intermediate, Brent, Treasury, Big Tech, Amazon, Nasdaq, Dow Jones, Dow, U.S . Federal, HSBC, Chicago Federal Locations: Moran , Wyoming, That's, Israel

MILWAUKEE (AP) — The first sign of discontent regarding Craig Counsell’s decision to leave the Milwaukee Brewers to manage the Chicago Cubs appeared in his hometown at the Little League field that bears his name. The sign was covered up Tuesday morning, one day after the Cubs landed Counsell with a five-year deal worth over $40 million. “I give Craig credit for helping to build that, and for adding all these coaches, all of whom have stayed. Counsell told the Milwaukee Journal Sentinel on Tuesday the opportunity for a new professional challenge and the proximity of Chicago made this opportunity appealing. Neitzel said he believed Attanasio would have received most of the criticism if Counsell had ended up managing any opponent other than the Cubs.

Persons: Craig Counsell’s, “, Mark Attanasio, Craig, ” Counsell, John Counsell, Counsell, Indiana Jones, Kay Kenealy, ’ “ Laura Hemming, Aaron Rodgers, Brett Favre, Favre, Gabe Neitzel, Brett, ” Neitzel, Attanasio, Terry Francona, David Ross, ” Attanasio, ” Kenealy, ” Hemming, ”, Hemming, Hunter Baumgardt, Baumgardt, he’d, Neitzel, “ Craig Counsell’s, ” Baumgardt Organizations: MILWAUKEE, Milwaukee Brewers, Chicago Cubs, Little League, Cubs, Brewers, Major League Baseball’s, Milwaukee, Milwaukee Journal Sentinel, Brewers ’, ‘ Raiders, Wisconsin, Green Bay Packers, New York Jets, Packers Hall of Fame, Minnesota Vikings, Packers, ESPN, Vikings, MLB Locations: Whitefish, Milwaukee, Counsell, Chicago, Waukesha , Wisconsin, Minnesota, Wisconsin, Madison

☆ Some people buy a car during a midlife crisis. This man bought a small-town hotel instead
▼ + stars: | 2023-11-06 | by ( Marylou Costa | ) www.cnbc.com time to read: +6 min

Shopping in Green Lake. A small-town hotel for saleOne day while on his computer, Rogatz saw that a small hotel — the Green Lake Inn — was for sale. The Green Lake Inn. An ice sailing race on Green Lake. Source: Our Green Lake

Persons: Matt Rogatz, Rogatz, Brio, I've, it's, He's Organizations: CNBC Travel, Chicago Locations: Chicago, Green Lake , Wisconsin, Green Lake, Wisconsin, Green, Geneva

☆ Choking New Delhi smog shutters schools and shrouds Cricket World Cup
▼ + stars: | 2023-11-06 | by ( Manav Tanneeru | Rhea Mogul | ) edition.cnn.com time to read: +5 min

CNN —A throat-searing blanket of smog has enveloped New Delhi, forcing schools to shut and disrupting the Cricket World Cup as officials rush to contain a pollution crisis that has become an annual occurrence in the Indian capital. New Delhi started the week with a PM 2.5 concentration nearly 80 times the World Health Organization’s recommended limit, according to Swiss air quality company IQAir. Traffic moves on a road enveloped by fog and smog in New Delhi, India, on November 3, 2023. The study also found that every single one of India’s 1.4 billion residents endure annual average pollution levels that exceed guidelines set by WHO. A passenger plane ready to take off at IGI Airport amid heavy smog on November 5, 2023 in New Delhi, India.

Persons: ”, Prachi, Health Organization’s, Awesta Chaudhary, “, Chaudhary, Vipin Kumar, Suranjit Chatterjee Organizations: CNN, Cricket, Health, Bangladesh, Arun, Authorities, Energy, Institute, University of Chicago, WHO, IGI, Hindustan Times, Internal Medicine, Apollo Hospital Locations: New Delhi, Delhi, . New Delhi, India, Sri Lanka, New, “

☆ Drugstore closures could make pharmacy deserts even worse
▼ + stars: | 2023-11-06 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +8 min

Pharmacy closures have been a problem for years. “You had a routine: You would go to a pharmacy that was geographically accessible — ideally affordable — was probably preferred for your health insurance plan. Thompson, who himself lives close to a pharmacy in the South Side, said there is now more pressure on remaining locations. But chain closures aren’t likely to lead to more business for independents, which face challenges apart from competition from national chains. Recently, pharmacy workers have been staging walkouts over working conditions they say put patients at risk.

Persons: drugstores, Jenny Guadamuz, ”, “, Guadamuz, Melvin Thompson, Thompson, We’re, Angus Mordant, Omolola Adepoju, University of Houston’s Tilman J, Douglas Hoey, PBMs, Hoey, JC Scott, ” Hoey Organizations: New, New York CNN, CVS, Walgreens, Aid, UC Berkeley School of Public Health, Health Policy, Management, Endelo Institute, Bloomberg, Getty, National Community Pharmacists Association, USC, University of, Fertitta Family College of Medicine, Rite, Walmart, Target, Pharmacy, Pharmaceutical Care Management Association Locations: New York, Chicago, United States

☆ Opinion: Israel-Hamas war’s endgame
▼ + stars: | 2023-11-05 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Last week, as Israel continued its military response to the October 7 Hamas terror attack, its political goals — and potential endgame — remained a source of huge controversy. Join us on Twitter and Facebook“Take, for example, the Israel Defense Forces strike on Gaza’s Jabalya refugee camp on Tuesday. “Following the horrific massacre in Israel by Hamas terrorists on October 7, I felt an intense, relentless grief. Though Perry wanted to escape Chandler, he kept him around, because heaven forbid anyone saw what he was hiding.”

Persons: Gideon Rose, ”, ” Rose, —, Joe Biden, Robert A . Pape, “, ” DJ Rosenthal, Obama, ’ inhumanity, Jordan, Antony Blinken, ” Shai Davidai, Nadia AbuShaban, Hashem, David Shulkin, Peter Bergen, Hillary Clinton, Donald Trump, Karl Rove, “ Mike Pence, Geoff Duncan, Nikki Haley, Duncan, Ron DeSantis, ” Haley, DeSantis, Lisa Benson, GoComics.com, Michael Ramirez, Trump, Norman Eisen, Joshua Kolb, Donald Trump’s, ” Eisen, Kolb, Leah Abucayan, CNN Maggie Jackson, ” She’s, Gabriel Levin, Frida Ghitis, ‘ Allahu akbar, ’, Ghitis, Wen, Julian Zelizer, Johnson’s, Mike Johnson’s, Biden, ” Paul Krugman, Johnson, Mike Johnson, ’ ”, John Avlon, “ Merriam, It’s, Benjamin Franklin, ’ ” Drew Sheneman, Nicole Hemmer, SBF Clay Jones, Sam Bankman, Howard Fischer, ” Fischer, Sophie Compton, Reuben Hamlyn, “ Chillingly, Taylor, Compton, Hamlyn, Walt Handelsman, Laura Tillman, ” Don’t, Jill Filipovic, Celia Wexler, Pope Francis, Elena Sheppard, ‘, Matthew Perry, Chandler Bing Reisig, Dean Obeidallah, Perry, Chandler Bing, Chandler, ” “ Chandler, I’m Chandler, ‘ I’m, ” Perry, ” Holly Thomas, “ Perry, Roger Organizations: CNN, University of Chicago, ”, Hamas, US National Security Council, Twitter, Facebook, Israel Defense Forces, Israel, Columbia Business School, “, New York Times, Street Journal, GOP, Republican, Trump, UN, Florida Gov, Wednesday’s GOP, Supreme, White, Cornell University, The Cornell Daily Sun, Cornell, Progressives, Internal Revenue Service, Congressional, Office, Electoral College, America, Agency, FBI, NBCU, Bank, Getty Locations: States, Iraq, Israel, Southern Lebanon, Lebanon, Palestinian, “ Israel, Bolivia, Chile, Colombia, Tel Aviv, Gaza, ”, Florida, Wednesday’s, Rhode, Rhode Island, Dagestan, Russian, Lewiston , Maine

☆ We moved to Texas from Europe. We're paying much more for our house, but the neighbors are friendly and the weather is great.
▼ + stars: | 2023-11-05 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

John Brunner and his wife, Manon, moved from Avignon, France, to Kyle, Texas, in 2022. The couple chose the area in part because California and Austin, Texas, were too expensive. The Austin area came up in our search. Kyle, Texas. Center Street, a main drag in Kyle, Texas.

Persons: John Brunner, Manon, Kyle, —, wouldn't, Kyle We, I've, she's, Kyle Kyle Organizations: Service, Google Locations: Avignon, France, Kyle , Texas, California, Austin , Texas, United States, I'm, Chicago, Austin, South, Fredericksburg, Southern, City, Texas, From Illinois, America, Arizona, New Mexico, Woodstock , Illinois

☆ Opinion | Why Liberal Academia Needs Republican Friends
▼ + stars: | 2023-11-04 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Here are a few snapshots from higher education in America:Under a new provision in state budgeting, public universities in North Carolina will cease funding distinguished professorships in the humanities, reserving them for science, technology, engineering and mathematics. The furor around elite universities over their responses (or non-responses) to Hamas’s massacre in Israel has now inspired a group of white-shoe law firms to collectively demand a stronger response to antisemitism from leading law schools. Ron DeSantis of Florida, in his continuing higher education wars, is trying to shut down pro-Palestinian student groups whose national chapter supported Hamas’s attacks. A new survey from the Foundation for Individual Rights and Expression found weak student support for free speech on campus, and the weakest support among the most liberal students; meanwhile the schools whose students were friendliest to the discussion of unpopular views included the right-leaning Hillsdale College and the self-consciously classically liberal University of Chicago.

Persons: Ron DeSantis Organizations: Gov, Foundation, Rights, Hillsdale College, University of Chicago Locations: America, North Carolina, Hamas’s, Israel, Florida

☆ Fact Check: Pro-Palestinian Halloween billboard pictured in Tunisia, not Chicago
▼ + stars: | 2023-11-03 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

Multiple pro-Palestinian billboards were put up in the North African country of Tunisia before Halloween, despite online posts sharing an image that miscaptions one of these billboards as in Chicago, Illinois amid the ongoing Israel-Hamas conflict. Various social media users have shared these displays naming the location as Tunisia, including one on Oct. 26 that shows the same billboard as in the miscaptioned social media posts. The billboard, camera angle, streetlamp and buildings in the background match the image shared on social media. Humzah Khan, a Fulbright fellow in Tunisia, shared an image of the billboard on X with the caption, “several billboards like this in Tunis. A pro-Palestinian Halloween billboard seen on social media comes from Tunisia, not the city of Chicago in the U.S.

Persons: Hannachi Issam, Mohamed Bouazizi, VI, Humzah Khan, ” Khan, Al Jazeera, Read Organizations: IN CHICAGO, Chicago, Tunis Tribune, Facebook, Carthage International, Tunisian, Chicago Department of Buildings, Reuters, Thomson Locations: Tunisia, Chicago , Illinois, Israel, Chicago, PALESTINE, Tunis, Gaza, Carthage, la Marsa, Menzah, Marsa, Carrefour, Al, U.S

☆ TJMaxx is quietly closing stores in New York and Chicago. Here are the confirmed locations.
▼ + stars: | 2023-11-02 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

TJ Maxx is closing two stores in New York and Chicago. Marshalls is closing a store in New York. The closures come as parent company TJX reassesses its real estate strategies. AdvertisementAdvertisementTJX, the parent company of TJ Maxx, Marshalls, and HomeGoods brands, is closing stores in Brooklyn, the Bronx, and Chicago. On Tuesday, Block Club Chicago reported that a TJ Maxx store in the South Loop neighborhood of Chicago would close on January 6th.

Persons: TJ Maxx, —, TJX, TJ, John Joseph Klinger Organizations: Marshalls, Service, TJX Companies, Bronx News, Bronx ., Block Club Chicago, TJ Maxx, Fulton Locations: New York, Chicago, Brooklyn, Bronx, Canal St, Chicago , Illinois, , Brooklyn , New York, Bronx , New York

☆ The War on College Campuses
▼ + stars: | 2023-11-02 | by ( Lauren Camera | ) www.usnews.com time to read: +16 min

College campuses have always been bastions of protest, where young, energetic students push older generations in the direction of the next social or political reform. Notably, the prevailing notions of the liberal bent of college campuses are not incorrect. According to a 2023 survey by FIRE of roughly 1,500 four-year college professors, 50% identify as liberal, 17% as moderate, and 26% as conservative. Analysts say the recent inflammatory examples that have not only riven college campuses but altered the way many Americans view them also underscore the increasing difficulty observers in the U.S. have of sitting with complex developments. Many of the country’s most elite schools actually perform the worst, according to the 2024 College Free Speech Ranking by FIRE.

Persons: Ron DeSantis –, “, ”, –, Zach Greenberg, Nikki Haley, Carolina Sen, Tim Scott, Pell Grant, Donald Trump, Strawn, Davis Polk, Sarah Lawrence, Samuel Abrams, ” Greenberg, Joe Biden, Peter Coleman, Morton, Coleman, “ We’re, Tony Banout, ” Banout, ” Coleman Organizations: Hamas, National Students for Justice, Florida Gov, College, Foundation, Rights, ”, U.S ., Harvard’s, for Palestine, Palestine Solidarity Committee, George Washington University, GOP, Former South Carolina Gov, Customs, Winston, Wardwell, Harvard University, Columbia University, Harvard, University of Pennsylvania, FIRE, Sarah Lawrence College, New York Times, Columbia, America – Democrats, Republicans, Jewish, Tulane University, Cornell University, FBI, White, Department of Homeland Security, Department of Justice, Morton Deutsch International, for Cooperation, Israel, University of Chicago, University of Chicago Forum, Free Locations: Israel, Palestine, America, Florida, Gaza, U.S, Former, ., Carolina, Columbia, Costa Rica

☆ The Fed decision on interest rates won't offer much relief to Main Street businesses
▼ + stars: | 2023-11-01 | by ( Mallika Mitra | ) www.cnbc.com time to read: +5 min

The average monthly credit card expenditure of U.S. small businesses is up by an average of 20% compared to pre-pandemic levels, according to a recent report by Intuit QuickBooks. Around 1,660 small businesses have filed for bankruptcy in 2023 so far, which is higher than in all of 2022, according to the American Bankruptcy Institute. Access to capital for small businesses is at an economic cycle low. Getting a business credit card is much easier than getting a loan from a bank, Akcigit said. Power, who leads research on small business credit cards at the firm.

Persons: Jerome Powell, Ufuk, Intuit QuickBooks, Goldman Sachs, Akcigit, John Cabell, Cabell Organizations: Fed, Federal Reserve, Bureau of Labor Statistics JOLTS, Intuit QuickBooks, University of Chicago, Intuit, American Bankruptcy Institute, Goldman Locations: ., U.S

☆ Opinion: There’s a smarter way for Israel to eliminate Hamas
▼ + stars: | 2023-11-01 | by ( Opinion Robert A. Pape | ) edition.cnn.com time to read: +8 min

To defeat terrorist groups like Hamas, it is important to separate the terrorists from the local population from which they emerge. Right now, we are witnessing not the separation of Hamas and the local population, but the growing integration of the two, with likely growing recruitment for Hamas. The only viable way to separate Hamas from the local population is politically. This could, over time, separate Hamas from the local population more and more, and so lead to significant success. This new strategic conception is the best way to defeat Hamas, secure Israel’s population and advance America’s interests in the region.

Persons: Robert A . Pape, Read, CNN —, —, Robert A, Pape Robert Pape Indeed, Maz Nash, Israel, Mohammed Abed, Ben Curtis, Saddam Hussein’s, Saddam Hussein, Chris Hondros, Israel doesn’t Organizations: University of Chicago Project, Security, “, Power, CNN, West Bank, Getty, Beirut International Airport, ISIS, Hamas, Palestinian Ministry of Health Locations: Israel, United States, Southern Lebanon, Lebanon, Beirut, Gaza, Gaza City, AFP, Iraq, Al, Kut, Ramallah, Syria, Palestinian

In Denver, the number of migrants arriving has increased tenfold and available space to shelter them has withered. With fewer available work authorizations, these migrants cannot find work that would allow them to get into proper housing. Denver Mayor Mike Johnston, who is leading the coalition, said nearly every conversation he has had with arriving migrants is the same: Can he help them find a job, they ask. He is increasingly under fire from members of his own party who are managing the growing number of migrants in their cities. “Our cities need additional resources that far exceed the amount proposed in order to properly care for the asylum seekers entering our communities," the mayors' letter says.

Persons: Joe Biden, Mike Johnston, ” Johnston, Biden, Johnston, Eric Adams, Karen Bass, Brandon Johnson, Chicago, Sylvester Turner, Houston Organizations: WASHINGTON, Democratic, The Associated Press, Denver, Republicans, Republican Locations: Chicago, Denver, Houston, Los Angeles and New York, In New York, U.S, Mexico, United States, New York, “, Los Angeles

Six of the 11 major S&P 500 sectors were trading lower, with information technology (.SPLRCT) leading losses. Pfizer's shares (PFE.N) fell 1.5% after the drugmaker reported its first quarterly loss since 2019. U.S. equities are tracking their third straight month in the red, with the S&P 500 (.SPX) and the Nasdaq (.IXIC) on course for their worst October since 2018. The Fed kicks off a two-day monetary policy meeting on Tuesday. The Fed's commentary on Wednesday would be crucial in assessing how long monetary policy could stay restrictive amid recent signs of economic strength.

Persons: Brendan McDermid, Andrew Hunter, Amruta Khandekar, Shashwat Chauhan, Saumyadeb Chakrabarty, Shounak Dasgupta, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Corp, Dow, Nasdaq, Federal, Nvidia, Microsoft, Caterpillar, Chicago PMI, Capital Economics, Dow Jones, PDD Holdings, VF Corp, Vans, Arista Networks, Sarepta Therapeutics, NYSE, Thomson Locations: New York City, U.S, China, Bengaluru

☆ An ancient Egyptian book of spells to guide the dead in the afterlife was found buried with mummies
▼ + stars: | 2023-10-31 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

Archaeologists have uncovered a copy of the "Book of the Dead" in an ancient Egyptian cemetery. The document was used by Egyptian priests to guide the dead to the afterlife. AdvertisementAdvertisementArchaeologists excavating a 3,500-year-old cemetery have discovered an ancient Egyptian "Book of the Dead" filled with spells to guide the deceased in the afterlife. A picture shows a sarcophagus found at the Tuna al-Gebel site, presented to journalists on October 15, 2023. Egyptian Ministry of Tourism and AntiquitiesThe find also uncovered rare canopic jars made of alabaster, used to store spiritually important organs during mummification, and "thousands" of amulets, per the statement.

Persons: —, Sara Cole, Gebel, Isa, Foy Scalf, Scalf, Lara Weiss, Roemer, John Taylor Organizations: Service, Antiquities Department, Paul Getty Museum, The New York Times, of Tourism, Antiquities, Egyptian Ministry of Tourism, University of Chicago, Science, Pelizaeus Museum Locations: Egypt, Tuna, Kingdom, Germany, Sudan

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