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☆ Georgia: Protesters storm parliament in breakaway region of Abkhazia over Russia deal
▼ + stars: | 2024-11-15 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

CNN —Protesters stormed the parliament of the Russian-backed breakaway Georgian region of Abkhazia on Friday and opposition politicians demanded the resignation of the self-styled president over an unpopular investment agreement with Moscow. Protesters used a truck to smash through the metal gates surrounding the parliament in the capital Sukhumi. Eshsou Kakalia, an opposition leader and former deputy prosecutor general, said the parliament building was under the control of the protesters. “We will now seek the resignation of the current president of Abkhazia,” he was quoted by Russia’s Interfax news agency as saying. Protesters also broke into the presidential administration offices located in the same building as the parliament.

Persons: Russia’s, Protesters, Maxim Reshetnikov, Kristina Ozgan, Aslan Bzhania, Alexander Ankvab, Raul Khadzhimba Organizations: CNN — Protesters, Protesters, Russia’s Interfax, Russian Economy, Abkhazian, Russian Locations: Russian, Georgian, Abkhazia, Moscow, Sukhumi, ”, Russia, South Ossetia, Georgia, Soviet

☆ Stocks making the biggest moves midday: Palantir, Moderna, Ulta Beauty, Alibaba and more
▼ + stars: | 2024-11-15 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. Ulta slipped nearly 3% after Berkshire Hathaway revealed in a regulatory filing that it had sold around 97% of its shares, nearly dissolving its position in the beauty retailer. Berkshire had just bought the stock in the second quarter, making Ulta a relatively new bet. However, the company beat expectations on both lines in the fourth fiscal quarter and issued positive guidance for adjusted earnings per share.

Persons: Donald Trump, Robert F, Kennedy Jr, Eli Lilly, Warren Buffett, Berkshire Hathaway, Ulta, — CNBC's Sean Conlon, Alex Harring, Jesse Pound, Hakyung Kim, Lisa Han Organizations: Global pharma, Moderna, Pfizer, GSK, Novo Nordisk, Nasdaq, Securities and Exchange Commission, Super, New York Stock Exchange, Corp, Berkshire, Pool Corp, AST, Materials, LSEG Locations: China, Domino's, Berkshire

☆ Piper Sandler sees 50% upside for this renewable energy play cashing in on the AI data center power trend
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Bloom Energy may be due for massive gains on the heels of its recent supply agreement with American Electric Power , according to Piper Sandler. Analyst Kashy Harrison upgraded the stock to overweight from neutral and raised his price target by $10 to $20. BE YTD mountain BE, year-to-date On Thursday, Bloom Energy announced that it reached an agreement with AEP to power artificial intelligence data centers and supply up to 1 gigawatt of its products. The company also said that AEP has ordered 100 megawatts of fuel cells, with more orders expected next year. "Given the endorsement of BE's technology from a large utility, agreements with other large players could materialize."

Persons: Piper Sandler, Kashy Harrison, it's, Harrison, Aman Joshi Organizations: Bloom Energy, American Electric Power, BE, AEP

☆ Mike Tyson vs. Jake Paul will be a big test for Netflix's live strategy
▼ + stars: | 2024-11-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Mike Tyson and Jake Paul will fight Friday in what will likely be Netflix's biggest-ever live event. The streamer has increasingly segued into live sports while building an ad business. Netflix now has 70 million ad-supported users — up from 40 million in May. AdvertisementMike Tyson and Jake Paul will enter the ring Friday in a long-anticipated boxing bout that could be a big test for Netflix's ambitions. Two years after launching, Netflix said it now has 70 million ad-supported users — up from 40 million in May.

Persons: Mike Tyson, Jake Paul, —, Jennifer Halloran, Ampersand's Nicolle Pangis, Peter Naylor, Tyson, Paul Organizations: Netflix, Service, Boxing, influencers, Boston Red Sox, WWE, NFL, Business

☆ Argentina's Milei is a VIP at Mar-a-Lago as Trump, Musk embrace his attacks on government spending
▼ + stars: | 2024-11-15 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com time to read: +3 min

Milei also name checked another attendee in the gala crowd: Tesla and SpaceX CEO Elon Musk. A photo Milei posted in September shows Musk sporting a "dark MAGA" hat, Trump's campaign logo written in black on black. Photos from the Thursday gala posted on social media showed Musk, Milei and Trump together, all smiles. The announcement fulfilled Trump's campaign promise to give Musk a major role advising his administration on government spending. Since taking office last December, Milei has cut Argentina's federal spending by 32%, according to the Center for Argentine Political Economy (CEPA).

Persons: Javier Milei, Donald Trump, Milei, Trump, Elon Musk, They've, Musk, they've, Vivek Ramaswamy Organizations: Trump's, SpaceX, Trump, Mar, Department of Government, White, Office of Management, Government Efficiency, Center, Argentine Political Locations: Argentina, Florida, Lago, Trump's

☆ Spirit is struggling to survive. Bankruptcy could mean other airlines raise their prices.
▼ + stars: | 2024-11-15 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Flying could become more expensive for some passengers if Spirit Airlines falls into bankruptcy protection. The company's stock tanked Wednesday after The Wall Street Journal reported Spirit was preparing to file for Chapter 11 within weeks following the breakdown of merger talks with Frontier Airlines. Frontier Airlines is based in Denver. "The domestic US air travel market does need some rationalization, and it is likely to start with Spirit Airlines," McNally said. AdvertisementThe airline's bankruptcy could be a warning that the era of budget airlines' power is coming to a close.

Persons: Guy, Raymond James, David Neeleman, Denver . Don Mammoser, Peter McNally, McNally Organizations: Airlines, Street Journal, Frontier, Spirit Airlines, Street, Frontier Airlines, American Airlines, JetBlue, Big Locations: Charlotte , North Carolina, Los Angeles, Denver .

☆ Eric Schmidt says there's 'no evidence' AI scaling laws are stopping — but they will eventually
▼ + stars: | 2024-11-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Ex-Google CEO Eric Schmidt says there's "no evidence" of an AI slowdown. AdvertisementEric Schmidt says there's "no evidence" artificial intelligence scaling laws are stopping as some in Silicon Valley worry about an AI slowdown. He said there will be "two or three more turns of the crank of these large models" over the next five years, referring to improvements in large language models. Related Video Why "deployment of AI is top of mind for everybody," according to IBM's Jonathan Adashek"There's no evidence that the scaling laws, as they're called, have begun to stop. AI scaling laws are the theoretical rules that broadly state models will continue to improve with more training data and greater computing power.

Persons: Eric Schmidt, Schmidt, LLMs, —, IBM's Jonathan Adashek, we're, OpenAI's, OpenAI, Claude, Gary Marcus, Sam Altman, Anthropic Organizations: Google, Service, Bloomberg, New York University, OpenAI, Business Locations: Silicon

CNN —President-elect Donald Trump’s transition team is bypassing traditional FBI background checks for at least some of his Cabinet picks while using private companies to conduct vetting of potential candidates for administration jobs, people close to the transition planning say. It also reflects Trump’s deep mistrust of the national security establishment, which he derides as the Deep State. If Gaetz does not participate in the vetting process, the FBI could still try to do a basic investigation at the request of the Senate. Instead, Trump’s transition team has been focused on conducting its own internal vetting of candidates for top administration jobs. So if Trump’s team continues to skirt the vetting process, those tapped for key roles wouldn’t be able to receive briefings until then.

Persons: Donald Trump’s, Trump, Matt Gaetz, Tulsi Gabbard, Dan Meyer, “, ”, Trump’s, Gaetz, Gabbard, Bashar al, Vladimir Putin’s, Biden, Jared Kushner, won’t, wouldn’t, Mike Waltz Organizations: CNN, Trump, FBI, Justice Department, NATO Locations: Washington, Washington ,, Florida, Syria, Russia, Assad, United States, Ukraine, Moscow

☆ Mike Tyson’s many eras: From ‘Iron Mike’ to prison to Holyfield to a Jake Paul bout
▼ + stars: | 2024-11-15 | by ( Mark Puleo | ) www.nytimes.com time to read: +9 min

At 58 years old, Tyson will fight Jake Paul, the 27-year-old YouTube-star-turned-boxer who wasn’t even born when Tyson’s career was in its prime. It’s Tyson’s first sanctioned professional match since 2005. Lewis largely controlled the fight, as the champion survived Tyson’s round one onslaught and controlled the pace with strong jabs. The loss accelerated the end of Tyson’s professional career. His final professional bout — until Friday’s against Paul — came against McBride in 2005.

Persons: Mike Tyson, Tyson, Jake Paul, wasn’t, It’s Tyson’s, Kevin McBride, He’s, Evander, Mike ”, “, ”, MIKE TYSON, JAKE PAUL, beckons, Mike ’, Hector Mercedes, Trevor Berbick —, Muhammad Ali —, Mike, ” Tyson’s, Jim Jacobs, Trevor Berbick, Tony Tucker, Michael Spinks, Buster Douglas, Douglas, Tucker, Spinks, Robin Givens, Evander Holyfield, Holyfield Tyson, Holyfield, Jeff Haynes, Francois Botha, Orlin Norris, Lou Savarese, Lennox Lewis, Lewis, Clifford Etienne, Paul —, McBride, ” Tyson, Paul J, Richards, Phil Collins ’ “, Zach Galifianakis, Alan, Roy Jones Jr, outlanding Jones, Paul, Nate Robinson, Friday’s Tyson, ‘, Timothy A, Clary Organizations: T, NETFLIX, Netflix, netflix, WBA, WBC, IBF, MGM, Getty, XIV, ”, Texas Department Locations: Arlington , Texas, Albany, N.Y, Tokyo, Nevada, California, Miami, Los Angeles

☆ Jake Paul faces Mike Tyson in boxing event unlike any other
▼ + stars: | 2024-11-15 | by ( Jonny Velasquez | ) edition.cnn.com time to read: +9 min

On Friday, Paul steps into the ring for perhaps his most high-profile fight to date against former heavyweight champion Mike Tyson. Mike Tyson, I thought that was a cute slap, buddy, but tomorrow you’re getting knocked the f*ck out. After the postponement of their initial fight in July, Paul went on to defeat bare-knuckle boxing champion Mike Perry with a sixth round TKO. Mike Tyson and Jake Paul will contest their professional boxing bout on November 15. “Then, I’d retire after that.”After winning a boxing world championship, Paul plans to take his talents to mixed martial arts.

Persons: CNN —, Jake Paul, Paul, Mike Tyson, “, ” Paul, Mike, Tyson, Eddie Hearn, ” Hearn, Hearn, Canelo Álvarez, Oleksandr Usyk, Dmitry Bivol, Katie Taylor, Anthony Joshua, ” Joshua, Jonathan Ross, YouTuber, ” Tyson, Michael Loccisano, Michael Spinks, Larry Holmes, Clifford Etienne, Roy Jones Jr, “ I’m, He’s, I’m, Ariel Helwani, you’re, ”, they’re, Logan ., ‘, Jake Paul ’ –, YouTuber Ali Eson Gib, Nate Robinson, Tyron Woodley, Anderson Silva, Nate Diaz, Tommy Fury, Tyson Fury, Fury, Diaz, Andre August, Ryan Borland, Mike Perry, Nakisa Bidarian, Amanda Serrano, Taylor, Ed Mulholland, Serrano, Bidarian, ” Bidarian, I’d Organizations: CNN, Disney, T, Paul, Dallas Cowboys, UFC, Irish, Getty, “, MMA Locations: Arlington , Texas, British, Puerto Rican

☆ Why Jim Cramer is nervous about Best Buy, plus a bright spot in this down market
▼ + stars: | 2024-11-15 | by ( Paulina Likos | ) 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. Jim said he was nervous about Best Buy , the electronics retailer expected to benefit from the refresh AI-powered PC cycle. 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, Jim, Trump, we're, Nextracker, Stocks, Berkshire Hathaway, Jim Cramer's, BBY Organizations: CNBC, Trump, Berkshire Locations: China, U.S, Alibaba

☆ As bitcoin wraps up a big week, the case is made for $200,000
▼ + stars: | 2024-11-15 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Bitcoin is closing in on $100,000 for the first time, but could still double after that, according to BCA Research. That narrative gives Bitcoin its network effect: a positive feedback system in which the asset increases in value as more people use it. "Bitcoin, with a market value of $1.5 trillion, comprises less than 10 percent of the total market for non-confiscatable assets," he said. "As bitcoin's share of this market increases, and the supply of bitcoins reaches its upper limit, bitcoin's price has substantial upside." The price of bitcoin has soared 32% since Election Day in the U.S. last week.

Persons: Dhaval Joshi, Joshi Organizations: BCA Research, U.S, Metrics Locations: bitcoins, U.S

☆ China retail sales beat forecasts in October while real estate slump worsens
▼ + stars: | 2024-11-15 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — China's retail sales rose more than expected in October, while industrial production and investment data missed forecasts as the real estate drag worsened. Industrial production rose by 5.3% in October from a year ago, missing expectations of 5.6% growth. Investment in real estate for the January to October period fell by 10.3% from a year ago, steeper than the 10.1% drop seen in the January to September period. While infrastructure and manufacturing investments picked up slightly in the year-to-date period as of October, versus that of September. The central bank has cut interest rates and extended existing real estate support.

Organizations: Retail, National Bureau of Statistics, Ministry of Finance Locations: Shanghai, BEIJING

☆ Next year is already looking rough for retail store closures
▼ + stars: | 2024-11-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

If this year's closures are any indication — and if the economy worsens — they won't be alone. 2025 is still more than a month away, but it's already shaping up to be another rocky year for retail. Analysts at UBS project the total number of US retail closures could reach 45,000 over the next five years. For one thing, even healthy retailers like Walmart and Target periodically review and trim their store fleets in the normal course of business. In any event, the year hasn't even begun, but nearly 1,500 retail closures are slated — already roughly half the amount BI has tracked for full-year totals in recent years.

Persons: —, Topping, Shane O'Kelly, Donald Trump's Organizations: Parts, Walgreens, UBS, Coresight Research, Walmart, Target, Blockbuster

☆ How Mike Tyson, 58, is preparing to fight Jake Paul, who is almost half his age
▼ + stars: | 2024-11-15 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +3 min

AdvertisementMike Tyson, 58, is set to fight Jake Paul, 27, at Dallas' AT&T stadium on Friday. Paul, meanwhile, trains up to six times a week and eats whole foods. Mike Tyson, 58, is preparing to fight Jake Paul, 27, on Friday at 8pm Eastern Time at Dallas' AT&T stadium. Tyson quit being veganWhile Tyson used to be a vegan, he now enjoys eating meat when training for a fight, he told Van Susteren. Jake Paul eats luxury proteinTyson's opponent, Jake Paul, has been training hard too.

Persons: Mike Tyson, Jake Paul, Paul, Tyson, Kevin McBride, he's, Friday's, I've, Stephen McCarthy, Greta Van Susteren, It's, bodyweight, Van Susteren, Paul meditates Organizations: Dallas, Paul, Netflix, Getty, Health

☆ RFK Jr.’s to-do list to make America ‘healthy’ — vaccines, fluoride and food — has health experts worried
▼ + stars: | 2024-11-15 | by ( Meg Tirrell | Katherine Dillinger | ) edition.cnn.com time to read: +12 min

“Donald Trump’s bungling of public health policy during the Covid pandemic cost hundreds of thousands of lives. “FDA’s war on public health is about to end,” he said in a social media post. Pack your bags.”That warning followed comments Kennedy has made about ending National Institutes of Health research into infectious diseases, putting doctors in the field on edge. water systems to remove fluoride from public water. Kennedy’s messaging on food policy has resonated with some health experts in that field.

Persons: Donald Trump’s, Robert F, Kennedy Jr, Dr, Ashish Jha, “, Carlos del Rio, Trump, ” Trump, “ Robert F, Kennedy, Jr, ” Robert Weissman, “ Donald Trump’s bungling, Michael Osterholm, ”, Osterholm, he’d, Ronald Reagan’s, he’s, ” Kennedy, Paul Offit, Jesse Watters, I’ve, Jason Schwartz, Edward Chen, it’s, I’m, Ashley Malin, ” Malin, Food Kennedy, Sanjay Gupta, Marion Nestle, Sen, Ron Johnson, Nestle, ” Nestle, CNN’s Carma Hassan, Nadia Kounang, Daniel Dale, Aaron Pellish Organizations: CNN, US Department of Health, Human, Brown University School of Public Health, Emory School of Medicine & Grady Health, Public Health, Health, HHS, Department of Health, Human Services, Public Citizen, Infectious Disease, University of Minnesota, US Centers for Disease Control, US Food and Drug, FDA, Pharma, of Health, Vaccine Education Center, Children’s Hospital of Philadelphia, CDC, Vaccines, Health Defense, Fox News, Yale School of Public Health, Trump White, U.S, American Dental Association, Environmental Protection Agency, MSNBC, Epidemiology, University of Florida’s College of Public Health, CNN Health Locations: Wisconsin

☆ Jake Paul, Mike Tyson fight breaks record for biggest boxing gate outside of Las Vegas
▼ + stars: | 2024-11-15 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

(L-R) Mike Tyson, Nakisa Bidarian and Jake Paul pose onstage during the Jake Paul vs. Mike Tyson Boxing match press conference at Texas Live! The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record books. That makes it the biggest boxing gate in history outside of Nevada. The fight between Paul, a 27-year-old YouTube influencer-turned-boxer and Tyson, a 58-year-old boxing legend, will air Friday at 8 p.m. … This is a statement that we had the biggest live gate outside of Vegas in U.S. boxing history."

Persons: Mike Tyson, Nakisa Bidarian, Jake Paul, Paul, Canelo Álvarez, Billy Joe Saunders, Conor McGregor, Eddie Alvarez, Tyson, Katie Taylor, Amanda Serrano, Floyd Mayweather Jr, Manny Pacquiao Organizations: Mike Tyson Boxing, Texas, CNBC, T, The Dallas Cowboys, AT, Las Vegas UFC, YouTube, Netflix, Las Vegas Locations: Arlington , Texas, Nevada, New York City, Vegas, U.S

☆ Spain nursing home fire kills 10
▼ + stars: | 2024-11-15 | by ( Kathy Rose Obrien | Story Associated Press | ) edition.cnn.com time to read: +1 min

Madrid AP —At least 10 people died and others were injured in a blaze at a nursing home near Zaragoza, Spain, before firefighters managed to extinguish the flames, local authorities said Friday. The alarm was raised early Friday morning in Villafranca de Ebro, about 28 kilometers (18 miles) from the northeastern city. At least 10 people died in a blaze at a nursing home in Zaragoza, Spain, before firefighters managed to extinguish it, local authorities reported on Friday. Local media said 82 people had been living in the nursing home, which focused on treating people with dementia and mental health issues. Volga Ramírez, mayor of Villafranca de Ebro, told reporters outside the center on Friday morning that intense smoke from the blaze was likely responsible for the deaths.

Persons: ” Ramírez, “, ” Jorge Azcón, Pedro Sánchez Organizations: Madrid AP —, Local, Spanish Locations: Madrid, Zaragoza, Spain, Villafranca de Ebro, Ramírez, Aragon, Villafranca, Ebro, Spanish, Valencia

☆ 'Political malpractice' if Trump undoes climate-geared Biden projects, outgoing U.S. energy secretary says
▼ + stars: | 2024-11-15 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan. A potential decision by Donald Trump to walk back the Biden administration's climate-geared projects would impact jobs in areas governed by the President-elect's own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency in Washington's green transition policies. "We are now building all of these projects. We're building batteries for electric vehicles, we're building the vehicles, we're building the offshore wind turbines, we're building the solar panels. When asked for a response on Granholm's comments, Karoline Leavitt, a spokeswoman for Trump's transition team, said the president-elect will "deliver" on the promises he made on the campaign trail.

Persons: Energy Jennifer Granholm, Donald Trump, Jennifer Granholm, Trump's, Granholm, CNBC's Dan Murphy, Joe Biden's, Law —, Karoline Leavitt Organizations: Energy, Conference, Biden, U.S . Energy, CNBC, Law, Republican Locations: Baku, Azerbaijan, Paris, U.S, Washington

☆ Germany’s Scholz calls Putin, ending Western isolation over Ukraine
▼ + stars: | 2024-11-15 | by ( ) edition.cnn.com time to read: +4 min

The conversation on Friday was the first time Scholz had spoken with Putin in two years. It comes as the German leader gears up for a snap election and Europe waits to hear US President-elect Donald Trump’s plan for ending the war in Ukraine. “He stressed Germany’s unbroken determination to back Ukraine in its defense against Russian aggression for as long as necessary,” the spokesperson added. Ukraine said however that phone conversations with Putin brought no added value on the path to achieving a “just peace” in Ukraine. But of course, (it is a) question about how Russia spins it.”Scholz to brief alliesThe Kremlin said Putin had told Scholz Russia was willing to look at energy deals if Germany was interested.

Persons: Volodymyr Zelensky, Vladimir Putin, Putin, ” Zelensky, Chancellor Olaf Scholz’s, Scholz, Donald Trump’s, Zelensky, “, ”, Trump, ” Scholz, Scholz Russia Organizations: Berlin Reuters, Kremlin, Reuters, Scholz’s Social, Ukraine, Kyiv, European Union, NATO, Ukrainian Locations: Ukraine, Kyiv, Russia, Berlin, Germany, Baltic, North Korea, Russia’s, Kursk, United States

☆ Goldman initiates a buy rating on this one-time pandemic stock darling, sees more than 50% upside
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

A number of catalysts could drive gains for Teladoc Health in the coming months, according to Goldman Sachs. Analyst David Roman initiated coverage on the name with a buy rating, and his price target of $14 implies 56.3% upside from Thursday's close. Looking ahead to next year, he anticipates that the virtual health care company's results will be driven by slightly better-than-expected top-line growth in its Integrated Care segment. But that didn't quite come to fruition as the pandemic eased with patients returning to in-person visits and larger health care players developing their own telehealth solutions. Among the 27 analysts covering it, only six in total have a strong buy or buy rating.

Persons: Goldman Sachs, David Roman, Roman Organizations: Teladoc Health

☆ Jamie Dimon says bankers are 'dancing in the street' because they expect Trump to cut red tape
▼ + stars: | 2024-11-15 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Jamie Dimon says bankers are "dancing in the street" because they expect Donald Trump to cut regulations. President-elect Trump has tasked Elon Musk and Vivek Ramaswamy with eliminating government waste. AdvertisementJamie Dimon says Wall Street is whooping with joy at the prospect of Donald Trump tearing up regulations and revitalizing the banking industry in his second term. AdvertisementExcessive regulation in the US is "a shame, and we're doing this to ourselves, and it's a mistake," Dimon said. The president-elect wrote that DOGE's goal would be to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."

Persons: Jamie Dimon, Donald Trump, Trump, Elon Musk, Vivek Ramaswamy, —, they've, Dimon Organizations: JPMorgan, Service, APEC, Summit, Bloomberg, of Government Locations: Lima , Peru

☆ Storing too many digital items on your devices could be a sign of a disorder, experts say
▼ + stars: | 2024-11-15 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

But if your device is filled with too much digital clutter, it could be affecting your mental health and productivity, experts say. But sometimes, the common behavior can tip over into a disorder that more researchers are trying to understand: digital hoarding. Here’s how to ease up on digital clutter and know when you might be displaying signs of a disorder, according to experts. “Digital clutter is just as stressful as actual clutter in our physical world,” she said. A digital hoarding disorder will be fueled by a persistent urge to save digital information, rather than a “preference” to store that is more flexible, he added.

Persons: ”, Susan Albers, “, Albers, Emanuel Maidenberg, UCLA’s David, Maidenberg, Sanjaya Saxena, Saxena, ” Albers, decluttering, “ it’s Organizations: CNN, Cleveland Clinic, UCLA’s, UCLA’s David Geffen School of Medicine, UCLA, Behavioral Therapy Locations: Ohio, United States, Boston

☆ Severe turbulence forces Scandinavian Airlines flight to return to Europe, airline says
▼ + stars: | 2024-11-15 | by ( Paradise Afshar | Caroll Alvarado | ) edition.cnn.com time to read: +2 min

CNN —A Miami-bound Scandinavian Airlines flight was forced to return to Europe on Thursday after encountering severe turbulence over Greenland, according to the airline. No severe injuries were reported among passengers or crew on flight SK957, the airline said in a statement to CNN Friday. The plane was rerouted to Copenhagen Airport in Denmark where it will undergo an inspection, according to the airline. A woman who was seated near him did not have her seatbelt on when the turbulence started, according to Solstad. Turbulence is the leading cause of injuries to flight attendants and passengers in nonfatal accidents on commercial airlines, according to the Federal Aviation Administration, but incidents are still rare.

Persons: Sammy Solstad, ” Solstad, “, ”, Solstad, rebooking Organizations: CNN, Airlines, Copenhagen Airport, SAS, Passengers, Federal Aviation Administration, National Transportation Safety Board Locations: Miami, Europe, Greenland, Copenhagen, Denmark

☆ American tourist arrested in Japan for allegedly defacing Tokyo shrine gate
▼ + stars: | 2024-11-15 | by ( Junko Ogura | Karla Cripps | ) edition.cnn.com time to read: +2 min

CNN —A 65-year-old American tourist has been arrested in Japan for allegedly carving letters into a torii gate at a Tokyo shrine. The suspect, Steve Lee Hayes, was arrested Wednesday on suspicion of property damage, a Tokyo Metropolitan Police spokesperson told CNN. Police said the man allegedly defaced the pillar of a shrine gate in Tokyo’s Shibuya Ward on Tuesday, “carving the alphabet with his fingernails.”According to public broadcaster NHK, five letters – believed to be the tourist’s family name – were allegedly etched into a gate pillar at Tokyo’s Meiji Shrine. Located adjacent to the city’s sprawling Yoyogi Park, Meiji Shrine first opened in 1920 and was dedicated to Emperor Meiji and Empress Shoken. A closeup image of scratches on a torii gate at Meiji Shrine, taken on November 14, 2024.

Persons: Steve Lee Hayes, –, Emperor Meiji, Shoken, Yuichi Yamazaki Organizations: CNN, Tokyo Metropolitan Police, Police, NHK, . Police, Meiji, Mount Fuji, UNESCO Locations: Japan, Tokyo, Tokyo’s Shibuya Ward, Meiji, AFP, Kesennuma, Nara

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