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☆ U.S. Senate up for grabs as Republicans move toward House majority
▼ + stars: | 2022-11-10 | by ( Joseph Ax | ) www.reuters.com time to read: +5 min

(Live election results from around the country are here.) But Democrats were able to avoid the major defeat that Republicans had anticipated and were holding on in the close Senate battles in Nevada and Arizona. Even a slim House majority would allow Republicans to shape the rest of Biden's term, blocking priorities such as abortion rights and launching investigations into his administration and family. A White House official said Biden spoke by phone with Republican House leader Kevin McCarthy, who announced earlier in the day his intention to run for speaker of the House if Republicans control the chamber. Control of the Senate, meanwhile, would give Republicans the power to block Biden's nominees for judicial and administrative posts.

☆ Republicans close in on U.S. House majority, Senate still up for grabs
▼ + stars: | 2022-11-10 | by ( Joseph Ax | ) www.reuters.com time to read: +4 min

A split would mean the Senate majority would come down to a runoff election in Georgia for the second time in two years. Even a slim House majority would allow Republicans to shape the rest of Biden's term, blocking priorities such as abortion rights and launching investigations into his administration and family. A White House official said Biden spoke by phone with Republican House leader Kevin McCarthy, who announced earlier in the day his intention to run for speaker of the House if Republicans control the chamber. Control of the Senate, meanwhile, would give Republicans the power to block Biden's nominees for judicial and administrative posts. MIXED RESULTSThe party in power historically suffers heavy casualties in a president's first midterm election, and Biden has struggled with low approval ratings.

House Republican Leader Kevin McCarthy had hoped to celebrate a resounding victory that would propel him into the top job of speaker. But Republican hopes for a "red wave" of victories faded as Democrats showed surprising resilience in several key races. Pelosi said in a statement, "It is clear that House Democratic members and candidates are strongly outperforming expectations around the country." [1/9] Supporters cheer U.S. House Republican Leader Kevin McCarthy (R-CA) at a House Republicans' party held late on the night of the 2022 U.S. midterm elections in Washington, U.S., November 9, 2022. The Georgia Senate race could end up in a Dec. 6 runoff, possibly with Senate control at stake.

By early Wednesday, Republicans had flipped six Democratic House seats, Edison Research projected, one more than the minimum they need to take over the chamber. But Republican hopes for a "red wave" of victories faded as Democrats showed surprising resilience in several key races. Pelosi said in a statement, "It is clear that House Democratic members and candidates are strongly outperforming expectations around the country." But television host and heart surgeon Mehmet Oz failed to win his Pennsylvania Senate race. In Pennsylvania, Republican gubernatorial candidate Doug Mastriano, who sought to overturn the state's election results after Trump lost, was defeated by Democrat Josh Shapiro.

In the House of Representatives, Republicans remained favored to win a majority that would allow them to halt Biden's legislative agenda. By early Wednesday, the party had flipped six Democratic House seats, Edison Research projected, one more than the minimum they need to take over the chamber. But Republican hopes for a "red wave" of victories faded as Democrats showed surprising resilience in several key races. The Democratic speaker of the House, Nancy Pelosi, said in a statement, "It is clear that House Democratic members and candidates are strongly outperforming expectations around the country." Voter anger over the Supreme Court's June decision to overturn the nationwide right to abortion helped Democrats to curb their losses.

SummarySummary Companies Key House, Senate races still too close to callRepublican-controlled Congress would stymie Biden agendaPHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Control of Congress was up for grabs after Tuesday's U.S. midterm elections with many of the most competitive races uncalled, leaving it unclear whether Republicans would seize control from President Joe Biden's Democrats. In the House of Representatives, Republicans had been favored to win a majority that would allow them to halt Biden's legislative agenda. By early Wednesday, the party had flipped four Democratic House seats, Edison Research projected, one short of the number they need to take over the chamber. The Georgia Senate race could end up in a Dec. 6 runoff, possibly with Senate control at stake. Democrats currently control the 50-50 Senate with Vice President Kamala Harris able to break any ties.

Vance won Ohio's U.S. Senate race in Tuesday's midterm elections, but control of the chamber remained up for grabs with several contests too close to call. Democrats currently control the 50-50 Senate with Vice President Kamala Harris able to break any ties. In addition to every House seat, 35 Senate seats and three dozen governors' races are on the ballot. (Live election results from around the country are here.) In Pennsylvania, Republican gubernatorial candidate Doug Mastriano, who sought to overturn the state's election results after Trump lost, was defeated by Democrat Josh Shapiro.

[1/14] A voter waits in line to cast their ballot during the midterm elections, in McAllen, Texas, U.S., November 8, 2022. REUTERS/Callaghan O'HarePHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Republicans were favored to wrest control of the U.S. House of Representatives away from President Joe Biden's Democrats based on early returns in Tuesday's midterm elections, though the prospects of a "red wave" appeared to have dimmed. But importantly, that number can change as close to 200 of the 435 House races had yet to be called, including some with vulnerable Republican incumbents. But even a narrow Republican House majority would be able to block Biden's priorities while launching politically damaging investigations into his administration and family. (Live election results from around the country are here.)

REUTERS/Mary F. CalvertPHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Senate incumbents including Democratic leader Chuck Schumer and senior Republican John Thune won re-election in Tuesday's U.S. midterm elections, on a day Republicans were expected to wrest control of Congress away from President Joe Biden's Democrats. Thirty-five Senate seats and all 435 House of Representatives seats are on the ballot. The final outcome, particularly control of the 50-50 Senate, is unlikely to be known any time soon. Democrats currently control that chamber through Vice President Kamala Harris' tie-breaking vote. The Georgia race could end up in a Dec. 6 runoff to determine which party holds the Senate.

DeSantis, a possible contender for the Republican presidential nomination in 2024, turned away Democratic Representative Charlie Crist, Edison Research projected. Seven Republicans also won U.S. Senate seats, according to Edison, though none was unexpected. Thirty-five Senate seats and all 435 House of Representatives seats are on the ballot. Republicans are widely favored to pick up the five seats they need to control the House, but control of the Senate could come down to tight races in Pennsylvania, Nevada, Georgia and Arizona. In Maricopa County, Arizona - a key battleground - the Republican Senate nominee, Blake Masters, and the national party filed an emergency lawsuit seeking to extend voting hours after some tabulation machines malfunctioned.

Edison Research projected that incumbent Republican Senators Tim Scott in South Carolina and Todd Young in Indiana would win re-election. Fox News projected Republican Rand Paul would win re-election in Kentucky and Democrat Peter Welch would win an open Senate seat in Vermont. 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. Those concerns swayed even some Republican leaning voters like Henry Bowden, 36, an Atlanta lawyer who said he voted for a mix of Republican and Democratic candidates.

☆ Goldman Sachs just dropped the names of its biggest partner class since David Solomon took over as CEO. See the full list here.
▼ + stars: | 2022-11-09 | by ( Emmalyse Brownstein | Dakin Campbell | Alex Morrell | ) www.businessinsider.com time to read: +4 min

David Solomon had been shrinking the size of Goldman's partner ranks to make it more exclusive. On Wednesday, the firm named 80 new partners, its largest class since Solomon became CEO in 2018. Goldman Sachs promoted 80 people to partner status on Wednesday, marking the largest class since David Solomon took over as CEO in 2018. Goldman's partner class has been steadily shrinking since David Solomon took over as CEO in 2018. Last year, Goldman gave its roughly 400 partners special one-time payments that added millions of dollars to their already generous year-end bonuses.

☆ Analysis: Abortion, Trump dashed Republican hopes for 'red wave'
▼ + stars: | 2022-11-09 | by ( James Oliphant | ) www.reuters.com time to read: +7 min

They wanted to protect abortion rights and stop candidates beholden to Republican former president Donald Trump. That surprised Democratic Party strategists and pollsters, who had expected inflation would trump everything, including concerns about the loss of abortion rights. Michigan voters approved a ballot issue that gave abortion state constitutional protection and re-elected Governor Gretchen Whitmer, who had vowed to “fight like hell” to protect abortion rights. Sydney Wright, an 18-year-old student at the University of Nevada, Reno, said she counts herself as a conservative but voted Democratic because of abortion. THE TRUMP FACTORLike Wright, Nyasha Riley, 37, a registered Republican in Phoenix, voted for Democrats because of abortion rights and Trump.

☆ Analysis: Abortion, Trump dash Republican hopes for 'red wave'
▼ + stars: | 2022-11-09 | by ( James Oliphant | ) www.reuters.com time to read: +7 min

[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.

☆ Insight Partners to acquire stake in software firm Aptean
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

Oct 10 (Reuters) - New York-based private equity and venture capital firm Insight Partners will acquire a minority stake in Aptean, the business software firm said on Monday. Existing investor TA Associates has also invested, Aptean said, making the investment firm its largest shareholder. Register now for FREE unlimited access to Reuters.com RegisterVista Equity Partners, previously equal partners in Aptean with TA Associates, will fully exit its stake in the company. Charlesbank Capital Partners, a private investment firm that joined TA Associates and Vista Equity as stakeholder in 2020, will continue to be a shareholder, Aptean said. The investment firm then merged CDC Software with Consona Corp to form Aptean.

Hurricane Ian in the Gulf of Mexico on Sept. 27, 2022. Share this -Link copiedHurricane Ian over Cuba on Tuesday morning Hurricane Ian over Cuba, on Tuesday. Share this -Link copiedIan expected to strengthen later Tuesday morning Hurricane Ian is expected to strengthen later Tuesday morning, officials said. Share this -Link copiedStorm clouds over St. Petersburg, Florida Storm clouds are seen as Hurricane Ian approaches in St. Petersburg, Florida on Monday. Ricardo Arduengo / AFP - Getty Images Share this -Link copiedHurricane Ian as it barrelled towards Cuba Hurricane Ian growing stronger as it barrelled toward Cuba on Monday.

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