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☆ Michigan headlines night of state abortion rights victories
▼ + stars: | 2022-11-09 | by ( Gabriella Borter | ) www.reuters.com time to read: +3 min

Michigan voters passed a constitutional amendment known as Proposal 3 that enshrines the right to an abortion by nearly 55%, according to Edison Research. The victories for abortion rights suggested that voters of all political stripes are balking at the severe abortion restrictions that several Republican-led states have enforced since the U.S. Supreme Court gutted federal abortion rights in June. The outcomes of the ballot questions, particularly in a swing state like Michigan, could set the stage for future state campaigns to proactively reinstate abortion rights. The mood was jovial as the "yes" votes on the Michigan amendment outpaced "no" votes across the state. Michigan Reproductive Freedom For All, a coalition of reproductive rights and progressive groups, led the petition to get the amendment on the ballot.

☆ 'I'm here to make a difference', says Hochul after win
▼ + stars: | 2022-11-09 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

Politics'I'm here to make a difference', says Hochul after winPostedDemocratic New York Governor Kathy Hochul was forecast to keep her gubernatorial seat late on Tuesday (November 8) by Edison Research, winning in a race that had tightened in recent weeks against Republican challenger Lee Zeldin, a congressman from Long Island.

☆ 'I will never let you down' -Fetterman on projected win in PA
▼ + stars: | 2022-11-09 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

Politics'I will never let you down' -Fetterman on projected win in PAPostedJohn Fetterman, the current Democratic Pennsylvania lieutenant governor, reacted early Wednesday morning (Nov 9) to news of a projected win by Edison Research and other news outlets over former brain surgeon and TV host, Republican Mehmet Oz, for Pennsylvania's open U.S. Senate seat.

☆ Factbox: Three states pass initiatives protecting abortion rights
▼ + stars: | 2022-11-09 | by ( Sharon Bernstein | ) www.reuters.com time to read: +3 min

In August, voters in conservative Kansas defeated a ballot measure aimed at eliminating abortion rights from the state's constitution. MICHIGANVoters in the battleground state of Michigan backed a ballot initiative declaring abortion as a right protected by the state's constitution. VERMONTVoters decided to include abortion rights in Vermont's state constitution. As required by state law, the ballot measure had already been approved twice by the Democratic-controlled legislature. Other conservative states have enacted similar legislation in recent years.

☆ DeSantis wins re-election in Florida governor's race
▼ + stars: | 2022-11-09 | by ( Daniel Trotta | ) www.reuters.com time to read: +4 min

Michigan's Democratic Governor Gretchen Whitmer has made abortion a focal point of her re-election campaign. In Texas, Republican Governor Greg Abbott is expected to win a third term despite a lively campaign by his Democratic opponent, former U.S. congressman Beto O'Rourke. Georgia's Republican governor, Brian Kemp, also looks likely to prevail against Democratic challenger Stacey Abrams in a rematch of their 2018 race. In Pennsylvania, Republican candidate Doug Mastriano has echoed Trump's false claims of voter fraud. Democratic candidate Josh Shapiro has cast Mastriano as too extreme.

☆ Factbox: Republicans pick up U.S. House seats from Democrats, Edison Research projects; two-thirds of races now called
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +1 min

Nov 8 (Reuters) - Republicans have picked up a net six seats in the U.S. House of Representatives that had previously been held by Democrats with 161 of 435 races not yet called, Edison Research projected on Tuesday. For House races, Edison Research is tracking the net number of seats that flip from one party to another, as opposed to the net gain or loss of overall seats by either party. So far, Republicans have won 169 seats in the 435-seat House and Democrats have won 105 seats, Edison projected. Edison projected that there had been no net gain or loss in Senate seats for either party with 23 of 35 races called. Republicans would need to pick up one Senate seat to capture control of the chamber.

☆ Charting the midterms
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +4 min

Charting the midterms The main takeaways of the 2022 midterm election, visualizedThe 2022 U.S. midterm election results strayed from the pattern of almost every midterm since World War Two, which normally shrinks the footprint of the party in power in both chambers of congress. Presidential party results in the Senate midterms Presidential party results in the Senate midterms since Truman showing that the party in control of the presidency typically suffers heavy losses at the midterms Note: Data as of Nov. 9, 2022 3:00 p.m. EST. Nowhere moreso than in Michigan, where Democratic Governor Gretchen Whitmer, who vowed to "fight like hell" for abortion rights, soundly defeated Republican challenger Tudor Dixon. Competitive races that could impact state abortion rights Table showing the results for states with competitive races that could impact state abortion rights. Democratic Maine Governor Janet Mills won a second term, running on a platform that emphasized healthcare, especially her support for abortion rights.

☆ Runoff election in Georgia may decide fate of U.S. Senate, again
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +1 min

[1/2] Reverend Raphael Warnock, Democratic Senator from Georgia, speaks to supporters at a U.S. midterm election night party in Atlanta, Georgia, U.S., November 9, 2022. REUTERS/Bob StrongWASHINGTON, Nov 9 (Reuters) - Control of the U.S. Senate may once again be decided in Georgia, weeks after Election Day as a tight race between Democratic incumbent Raphael Warnock and Republican challenger Herschel Walker could be headed to a Dec. 6 runoff. But Warnock has not yet reached the 50% threshold needed to avoid a runoff, according to data from Edison Research. It was one of two Senate seats up for grabs in the formerly reliably Republican state. So far, Warnock's campaign has spent $135.8 million, while Walker's campaign has spent $32.4 million, according to data from the Federal Election Commission.

[1/8] Voters fill out ballots at a polling station during the 2022 U.S. midterm election in downtown Harrisburg, Pennsylvania, U.S., November 8, 2022. With voting underway, U.S. officials said they did not see a "specific or credible threat" to disrupt election infrastructure. I blame the current administration for that," said Bethany Hadelman, who said she voted for Republican candidates in Alpharetta, Georgia. A Republican Senate would hold sway over Biden's judicial nominations, including any Supreme Court vacancy, intensifying the spotlight on the increasingly conservative court. Reuters GraphicsINFLATION AND ABORTIONThe Supreme Court's June decision to overturn the nationwide right to abortion had galvanized Democratic voters around the country, temporarily raising the party's hopes they could defy history.

☆ Factbox: Inflation, abortion top issues for U.S. voters casting midterm ballots, exit poll finds
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Evelyn HocksteinWASHINGTON, Nov 8 (Reuters) - Inflation and abortion topped the list of issues motivating U.S. voters in Tuesday's midterm elections, followed by crime, immigration and gun policy, an exit poll conducted by Edison Research showed. * About three out of 10 voters said inflation was their top concern in deciding how to vote. * About three out of 10 voters said abortion was their top concern in deciding how to vote. * About one out of 10 voters said gun policy was their top concern in deciding how to vote. * About six out of 10 voters said abortion should be legal vs four of 10 who said it should be illegal.

☆ Factbox: How voters ranked top concerns in key states in U.S. midterms - Edison Research
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: 1 min

[1/3] A poll worker walks past voters marking their ballots in the midterm election, at Considine Little Rock Recreation Center in Detroit, Michigan, November 8, 2022. REUTERS/Evelyn HocksteinNov 8 (Reuters) - Here is a comparison of how voters ranked as their No. 1 concern nationally and in select key states in deciding how to vote in the U.S. midterm elections, according to exit polls released by Edison Research. These preliminary results represent each issue's share out of 10. Reporting By Dan Burns, editing by Ross ColvinOur Standards: The Thomson Reuters Trust Principles.

Early on election night, the NBC News Decision Desk uses exit poll data to determine whether uncompetitive races can be called. No race is projected until the Decision Desk is at a minimum 99.5% confident of the winner. What kinds of calls and characterizations does the Decision Desk make? The Decision Desk will not use this characterization until we have statistical confidence that the race will be this close. When a party has gained a majority of seats in the Senate, the Decision Desk will project control for that party.

☆ Deutsche sees two satellite imagery plays with 'growth similar to software companies'
▼ + stars: | 2022-11-07 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Deutsche began coverage Monday of a pair of satellite imagery ventures, saying the space stocks have potential for "growth similar to software companies." The firm issued buy ratings for Planet and BlackSky , with Deutsche analyst Edison Yu noting that both companies are "generating substantial revenue now." Deutsche has a $7 price target on the stock, representing a 32% climb from current levels. Deutsche noted that "BlackSky has been more inconsistent operationally," but the company's software and "lucrative" government contracts "ultimately make it an attractive strategic target given the current depressed valuation." Deutsche has a $3 price target on BlackSky shares, essentially double their current trading level – with the stock down 63% this year.

☆ How long will it take to know who won in U.S. midterm elections?
▼ + stars: | 2022-11-06 | by ( Jason Lange | ) www.reuters.com time to read: +4 min

Republicans would need to pick up five seats to take a majority in the House and just one to control the Senate. "When it comes to knowing the results, we should move away from talking about Election Day and think instead about election week," said Nathan Gonzales, who publishes the nonpartisan newsletter Inside Elections. BLUE MIRAGE, RED MIRAGEThe earliest vote tallies will be skewed by how quickly states count mail ballots. States including Pennsylvania and Wisconsin don't allow officials to open the envelopes until Election Day, leading to a possible "red mirage" in which Republican-leaning Election Day ballots are reported earlier, with many Democratic-leaning mail ballots counted later. California typically takes weeks to count all its ballots, in part because it counts ballots postmarked by Election Day even if they arrive days afterward.

☆ Morning Bid: Slower, higher, longer
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +3 min

A look at the day ahead in U.S. and global markets from Mike Dolan. U.S. Treasury yields are on the rise again as Fed rate futures now expect a terminal rate as high as 5.15% by May, with pricing for end-2023 rates just shy of 5% too - half a point higher than where futures had priced the terminal rate just one month ago. European Central Bank President Christine Lagarde said the ECB must be "attentive" to Fed policy decisions as it influences global markets - but it cannot just mirror moves in Washington. In banking, Morgan Stanley is expected to start a new round of layoffs around the world over the coming weeks. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Here are some notable salary ranges from several of New York City's biggest employers, as a new pay transparency law peels back the curtain on workers' pay
▼ + stars: | 2022-11-02 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

As of Tuesday, most New York City employers have to include salary ranges upfront in job posts. The new salary transparency law peels back the curtain on six-figure salaries at some of the city's biggest employers. Have you noticed big pay discrepancies between job postings at your company and your salary? Some had not yet listed salary ranges on multiple New York City job posts as of this writing, including Meta and Google. Citi, for example, initially listed a salary range of $0 to $2 million for a client service officer, as Motherboard first reported.

☆ Morning Bid: Full of energy
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +3 min

Global stocks just won't lie down, doggedly clinging to hopes that central banks will ease off the policy brakes or that China might ease COVID curbs, just as energy firms reap massive windfall profits. Everything from central bank speculation, big rotations of equity sectors and talk of yearend seasonal flows in a U.S. election year are all cited. And after a downbeat start to the week, stocks jumped back yet again on Tuesday - even on some pretty thin reasoning. Underperforming Hong Kong and China stocks surged late in the day, with the former closing up more than 5%, after social media chatter that China was planning some reopening from strict COVID curbs in March. Energy sector earnings show clear winners from the year's Ukraine-related price shock.

☆ Elon Musk and Donald Trump now own rival social networks. Here's a timeline of their rocky relationship.
▼ + stars: | 2022-10-31 | by ( Tim Levin | ) www.businessinsider.com time to read: +8 min

Former President Donald Trump said he's "very happy" that Elon Musk now owns Twitter. January 2020: 'One of our great geniuses'Former President Donald Trump speaks during a "Save America" rally in Anchorage, Alaska, on July 9, 2022. May 2020: Trump backs up Musk in feud with California covid rulesElon Musk meets Donald Trump at NASA's Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. July 2022: Trump lashes outFormer President Donald Trump gives the keynote address at the Faith and Freedom Coalition during their annual conference on June 17, 2022, in Nashville, Tennessee.

☆ Elon Musk owning Twitter should give everyone pause
▼ + stars: | 2022-10-29 | by ( Seth Fiegerman | ) edition.cnn.com time to read: +7 min

Elon Musk, the mercurial billionaire, had agreed to buy Twitter for $44 billion the month before only to begin raising doubts about the deal soon after. Now, Musk joins the list of rich, white men who single-handedly control social platforms that collectively reach and shape the lives of billions of people around the world. And Musk, who will reportedly have “absolute control over Twitter” according to a shareholders’ agreement, promises to be uniquely disruptive. To those in the first camp, Musk serving as the sole decider at Twitter may be cause for celebration. Elon Musk is a conglomerate, and each arm of his empire potentially gives him more leverage, real or imagined, in advocating for the others.

☆ These 13 sell-rated global stocks have serious downside risk, Wall Street analysts say
▼ + stars: | 2022-10-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Equity analysts have slashed estimates and price targets over recent days as companies continue to report disappointing third-quarter results. Thirteen of these stocks — all part of the MSCI World Index — have median analyst price targets below their current share price, according to FactSet data. Global stocks Other stocks with price targets below current trading levels include Japanese multinational retailer AEON , U.S.-listed Clorox , and U.K. financial services company Abrdn plc. Equity analysts have slashed estimates and price targets over recent days as companies continue to report disappointing third-quarter results. Thirteen of these stocks — all part of the MSCI World Index — have median analyst price targets below their current share price, according to FactSet data.

☆ The Fed could lay the groundwork for a year end rally in the week ahead
▼ + stars: | 2022-10-28 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

The coming week is also the busiest of the corporate earnings season, with about a third of the S & P 500 companies releasing results. "Historically, the market waits for the last Fed rate hike to be introduced and then the market climbs higher. The S & P 500 was up more than 8.8% for the month. The Dow was up 5.7% on the week, the S & P 500 was up 5.7% and the Nasdaq was up 2.2%. The 50-day moving average is 3,841 for the S & P 500, and it was well above it Friday afternoon for the second time in the past week.

☆ Sierra Club says Mountain Valley Pipeline to give up on N. Carolina extension
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

Oct 21 (Reuters) - U.S. environmental group the Sierra Club said on Friday that the Mountain Valley Pipeline (MVP) is abandoning legal efforts in North Carolina to secure land necessary for its proposed Southgate extension. Were it completed, the Southgate project would have added 75 miles (121 km) of pipeline from Southern Virginia into central North Carolina, the statement by Sierra Club read, adding that without the land, the extension is unlikely to ever be built. Mountain Valley - owned by units of Equitrans (ETRN.N), NextEra Energy Inc (NEE.N), Consolidated Edison Inc (ED.N), AltaGas Ltd (ALA.TO) and RGC Resources (RGCO.O) - is one of several U.S. pipeline projects delayed by regulatory and legal fights with environmental and local groups that found problems with federal permits issued during President Donald Trump's administration. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Seher Dareen in Bengaluru; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

FRANKFURT/LONDON, Oct 20 (Reuters) - Morgan Stanley's infrastructure investment arm is weighing a sale of a 40% stake in German wind and solar power project developer PNE AG (PNEGn.DE) after being approached by potential suitors, three people familiar with the matter said. PNE confirmed on Thursday that Morgan Stanley and Photon Management intend to enter into open-ended preliminary talks with potential interested parties regarding Photon's stake in PNE. Photon, which is controlled by Morgan Stanley, is PNE's largest shareholder. Morgan Stanley Infrastructure Partners (MSIP) acquired the PNE stake following a failed takeover attempt in 2020. Buying the whole stake would trigger a mandatory takeover bid for all of PNE under German stock market rules.

Morgan Stanley Infrastructure Partners (MSIP) acquired the PNE stake following a failed takeover attempt in 2020. PNE, which has a project pipeline of more than 9 gigawatt and a generation portfolio worth 261 megawatt, has a current market capitalisation of 1.4 billion euros ($1.38 billion), valuing Morgan Stanley's stake at 560 million euros. Buying the whole stake would trigger a mandatory takeover bid for all of PNE under German stock market rules. A potential sale of MSIP's participation would result in chunky profits given the investment bank bought in at 4.00 euros per share and saw PNE's value grow to 18.50 euros. News about the potential stake comes in the wake of major renewables deal in recent weeks, including RWE's RWEG.DE $6.8 billion purchase of Con Edison's ED.N cleantech unit and BP's BP.L $4.1 billion takeover of U.S. biogas producer Archaea LFG.N.

☆ YouTube expands audio and podcast advertising for brands
▼ + stars: | 2022-10-17 | by ( Sheila Dang | ) www.reuters.com time to read: +1 min

Oct 17 (Reuters) - Alphabet Inc's (GOOGL.O) YouTube will expand ways for advertisers to reach music and podcast listeners and viewers on connected televisions, the company said on Monday. The announcements come as the advertising industry has struggled amid record-high inflation and supply-chain disruptions, which have caused some brands to pull back on marketing budgets. The streaming video platform said it will expand audio advertising globally to allow brands to market to people who use YouTube to listen to music or podcasts. Although YouTube is better known for watching video, the platform is the second-most popular service for listening to podcasts, the company said, citing a report by Edison Research. Brands can purchase the package to "own" major moments, such as sporting events or product launches, Weinstein said.

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