DIRS.INFO The most relevant business & tech news

of X Elon Musk speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Elon Musk on Sunday reinstated the account of conspiracy theorist Alex Jones on X, formerly Twitter, reneging on a year-ago vow to keep Jones off the social network. Users of the Elon Musk-led X social media platform had anticipated the reinstatement of Jones since at least Thursday, when Musk said he would consider reinstating Jones. Musk said Jones "cannot break the law," but that if he does spread misinformation, X's community notes feature will correct him. X has allowed Tate to monetize his account and Tate has said that he generated tens of thousands of dollars on X, previously.

Persons: Tesla, X Elon Musk, Elon Musk, Alex Jones, Jones, Sandy, Sandy Hook, Infowars, Musk, Andrew Tate —, Tate, monetize, Travis Brown, Jack Sweeney, Aaron Greenspan, MMfA, he's, Donald Trump Organizations: SpaceX, New York Times, Elon, Twitter, Elementary, Sandy Hook Elementary School, Associated Press, Media, America Locations: New York City, Sandy, Newtown , Connecticut, Texas and Connecticut, Romania, New York

☆ Fact Check: FCC guidelines on profanity do not apply to cable networks
▼ + stars: | 2023-12-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

Indecent content is defined by the FCC as a portrayal of sexual or excretory organs or activities in an offensive manner without meeting the obscenity test. Profane content includes “grossly offensive” language considered a public nuisance. NBC is a broadcast network while CNBC is a cable network. “FCC rules on profanity don't apply to utterances on cable networks,” former FCC Chairman Ajit Pai said in a reply to an ABC7 Chicago reporter requesting clarification under the circulating post on X. Cable networks are not prohibited from airing indecent or profane content.

Persons: Elon, “ Elon, ‘, Ajit Pai, Read Organizations: Federal Communications Commission, New York Times, CNBC, Facebook, FCC, Globe, NBC, NBC Universal, Comcast, Reuters, ABC7, Cable, Thomson Locations: ABC7 Chicago

☆ Bolivia Gets Green Light for Full Mercosur Membership
▼ + stars: | 2023-11-29 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By Lucinda ElliottSAO PAULO (Reuters) - Bolivia is set to become a full member of the South American Mercosur trade bloc following a decision on Tuesday by the Brazilian Senate to approve the country's admission. The vote on the accession of Bolivia to Mercosur is expected to be formally concluded during a regional summit on Dec. 7 in Rio de Janeiro. "Thank you to the senators for completing this process and congratulations to President Arce and Bolivia for joining us in Mercosur," Lula said on social media. Prospects for finally concluding the trade agreement with the EU gained traction following the election of ultra-liberal Javier Milei, a staunch critic of Mercosur, as president of Argentina. Bolivia was one of the worst offenders of primary forest clearances last year, behind only Brazil and the Democratic Republic of Congo, according to Global Forest Watch that monitors deforestation rates.

Persons: Lucinda Elliott, Luis Inacio Lula da Silva, Arce, Lula, Javier Milei, Milei, Mark Porter Organizations: Lucinda Elliott SAO PAULO, Reuters, South American Mercosur, Brazilian Senate, European Union, EU, Mercosur, Democratic, Global Forest Watch Locations: Bolivia, Brazilian, Mercosur, Rio de Janeiro, Brazil, Argentina, Paraguay, Uruguay, Democratic Republic of Congo

☆ Possible Polish plan to send troops to Russian border will stoke tensions -Kremlin
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +2 min

[1/2] Closed Vaalimaa border station between Finland and Russia in Virolahti, Finland on November 29, 2023. Finland closes temporarily its sole remaining border crossing with Russia. "A team of military advisors will provide on-site knowledge on border security, also in operational terms," he said. Finland has closed its border with Russia after a sudden wave of refugee arrivals that Helsinki said was orchestrated by Moscow, something Russia has denied. In a call with reporters, Kremlin spokesman Dmitry Peskov said in reference to Poland's possible moving of troops to the border: "This is an absolutely redundant measure to ensure border security, because there is no threat there."

Persons: Lehtikuva, Lauri Heino, Jacek Siewiera, Sauli Niinisto, Andrzej Duda, Dmitry Peskov, Anne Kauranen, Felix Light, Andrew Osborn, Bernadette Baum Organizations: REUTERS Acquire, stoke, Poland's National Security, Reuters, Thomson Locations: Finland, Russia, Virolahti, MOSCOW, HELSINKI, Poland, Helsinki, Moscow, Warsaw

☆ Bolivia gets green light for full Mercosur membership
▼ + stars: | 2023-11-29 | by ( Lucinda Elliott | ) www.reuters.com time to read: +2 min

SAO PAULO, Nov 29 (Reuters) - Bolivia is set to become a full member of the South American Mercosur trade bloc following a decision on Tuesday by the Brazilian Senate to approve the country's admission. The vote on the accession of Bolivia to Mercosur is expected to be formally concluded during a regional summit on Dec. 7 in Rio de Janeiro. "Thank you to the senators for completing this process and congratulations to President Arce and Bolivia for joining us in Mercosur," Lula said on social media. Prospects for finally concluding the trade agreement with the EU gained traction following the election of ultra-liberal Javier Milei, a staunch critic of Mercosur, as president of Argentina. Bolivia was one of the worst offenders of primary forest clearances last year, behind only Brazil and the Democratic Republic of Congo, according to Global Forest Watch that monitors deforestation rates.

Persons: Luiz Inacio Lula da Silva, Arce, Lula, Luis Arce, Javier Milei, Milei, Lucinda Elliott, Mark Porter Organizations: SAO PAULO, South American Mercosur, Brazilian Senate, Bolivia, Senators, European Union, EU, Mercosur, Democratic, Global Forest Watch, Thomson Locations: Bolivia, Brazilian, Mercosur, Rio de Janeiro, Argentina, Paraguay, Uruguay, Brazil, Democratic Republic of Congo

☆ Hamas senior official invites Elon Musk to visit Gaza
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

Tesla, X (formerly known as Twitter) and SpaceX's CEO Elon Musk speaks with members of the media during the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023. Leon Neal/Pool via REUTERS/File Photo Acquire Licensing RightsNov 28 (Reuters) - A Hamas senior official invited U.S. billionaire Elon Musk on Tuesday to visit the Palestinian Gaza strip to see the extent of destruction caused by the Israeli bombardment. "We invite him to visit Gaza to see the extent of the massacres and destruction committed against the people of Gaza, in compliance with the standards of objectivity and credibility," Hamas' senior official Osama Hamdan said in a press conference in Beirut. Musk owns the X social media platform. Hamdan's comments comes one day after a temporary truce between Israel and Hamas was extended for an additional 48 hours.

Persons: Tesla, Elon Musk, Leon Neal, Osama Hamdan, Musk, Israel, Biden, Hamdan, Moaz Abd, Alaziz, Adam Makary, Christina Fincher, Alistair Bell Organizations: SpaceX's, Bletchley, U.S, US, Thomson Locations: Bletchley, Britain, Palestinian Gaza, Gaza, Beirut, Israel, Cairo

☆ Indian rescuers break through debris to reach 41 men trapped in tunnel
▼ + stars: | 2023-11-28 | by ( ) www.cnbc.com time to read: +2 min

Indian military engineers on November 27 were preparing to dig by hand to reach 41 workers trapped in a collapsed road tunnel for 15 days, a rescue operation hit by repeated setbacks. (Photo by Sajjad HUSSAIN / AFP) (Photo by SAJJAD HUSSAIN/AFP via Getty Images)Indian rescuers led by "rat miners" drilled through rocks and debris on Tuesday to reach 41 construction workers trapped in a collapsed tunnel in the Himalayas for 17 days. Dozens of rescue workers with ropes, ladders, and stretchers entered the tunnel and 41 ambulances were lined up outside to take the 41 men to a hospital about 30 km away. Some rescue workers in hard-hats made victory signs and posed for pictures. Relatives of the trapped men, who have been camping near the site, gathered outside the tunnel with luggage, ready to accompany the men to hospital.

Persons: Sajjad HUSSAIN, SAJJAD HUSSAIN, Pushkar Singh Dhami, Baba, Nag Ji, stretchers, Chaudhary, Manjeet Chaudhary Organizations: Getty Images Locations: Uttarkashi, India's Uttarakhand, AFP, Uttarakhand, India

☆ Twenty killed in Sierra Leone attack and nearly 2,000 prisoners escape
▼ + stars: | 2023-11-27 | by ( Umaru Fofana | ) www.reuters.com time to read: +3 min

FREETOWN, Nov 27 (Reuters) - Twenty people were killed and nearly 2,000 inmates escaped during Sunday's attack on a military barracks, a prison and other locations in Sierra Leone, officials said on Monday. The West African country was thrown into panic in the early hours when the assailants sent gunfire ringing across the capital Freetown. Some 1,890 inmates escaped from the Pademba Road central prison after the attackers broke in, according to a situation report that prison officials shared with Reuters on Monday. [1/2]Sierra Leone's Vice President Mohamed Juldeh Jalloh visits the central Pademba Road prison after unidentified gunmen attacked a military barracks and the prison, following which inmates escaped, in Freetown, Sierra Leone November 27, 2023. In August 2022, at least 21 civilians and six police officers were killed in anti-government protests.

Persons: Julius Maada Bio, Issa Bangura, Shek Sulaiman Massaquoi, Mohamed Juldeh Jalloh, Umaru, Umaru Fofana, Anait Miridzhanian, Bate Felix, Edward McAllister, Alison Williams, Mark Potter Organizations: Reuters, Sierra Leone Correctional Service, Sierra Leone's, REUTERS, European Union, Thomson Locations: FREETOWN, Sierra Leone, Freetown, United States

☆ Elon Musk to meet Israeli president, Gaza hostage families on Monday
▼ + stars: | 2023-11-26 | by ( ) www.cnbc.com time to read: +3 min

Tech entrepreneur Elon Musk, accused by civil rights groups of amplifying anti-Jewish hatred on his X social media platform, will meet Israeli President Isaac Herzog on Monday along with Israelis whose relatives have been held by Hamas in Gaza. Herzog's office announced the meeting on Sunday night, saying, "In their meeting, the president will emphasize the need to act to combat rising antisemitism online." Musk's visit coincides with a four-day truce in an Israeli war with Palestinian Hamas militants in Gaza during which 40 of the 240 hostages Israel says have been held by Hamas have returned to Israel. Israel's Channel 12 said Musk would also meet Prime Minister Benjamin Netanyahu on Monday. Antisemitism and Islamophobia have risen in the United States and worldwide, including during the now seven-week-old war between Israel and Hamas.

Persons: Elon Musk, Isaac Herzog, Israel, Benjamin Netanyahu, Netanyahu, Musk, Netanyahu's, Walt Disney Organizations: Tech, SpaceX, Hamas, House, U.S, Warner Bros Discovery, CNBC, Comcast, Defamation League Locations: Gaza, Israel, California, Tesla's California, United States

☆ Elon Musk to meet Israeli leaders on Monday, Israel TV says
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +4 min

[1/3] People gather to protest Israeli Prime Minister Benjamin Netanyahu's visit to California as he is scheduled to meet with entrepreneur Elon Musk, at union square in San Francisco, California, U.S. September 18, 2023. An Israeli source confirmed the visit by Musk, a billionaire who also runs Tesla (TSLA.O) and SpaceX. Musk's visit coincides with a four-day truce in an Israeli war with Palestinian Hamas militants in Gaza. During that visit, before the war, about 200 people protested efforts by Netanyahu's right-wing government to curb the powers of Israeli courts. Antisemitism and Islamophobia have risen in the United States and worldwide, including during the now seven-week-old war between Israel and Hamas.

Persons: Benjamin Netanyahu's, Elon Musk, Carlos Barria, Benjamin Netanyahu, Isaac Herzog, Netanyahu, Musk, Netanyahu's, Walt Disney, Kenneth Li, Ari Rabinovitch, Steven Scheer, Howard Goller, Lisa Shumaker Organizations: REUTERS, Rights, Monday, SpaceX, Twitter, House, U.S, Walt, Warner Bros Discovery, Comcast, Defamation League, Thomson Locations: California, San Francisco , California, U.S, Israel, Israeli, Gaza, Tesla's California, United States

☆ Fact Check: Washington Post headline about Ukraine and Hamas weapon supply is fake
▼ + stars: | 2023-11-25 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The Washington Post did not publish a report saying that weapons supply from Ukraine to Hamas had tripled, a spokesperson for the news outlet said in response to a fabricated screenshot of the purported article circulating online. The fake article, with the headline, “Ukraine's arms supply to Hamas has tripled in the last month,” is dated November 2, 2023 and attributed to Chris Moltisanti in its byline. However, a Washington Post spokesperson said in an email that the news outlet had not published the story shown in the screenshot and that Chris Moltisanti is not associated with the Post. A search for the purported headline and the byline Chris Moltisanti yielded no results on the news outlet’s website. The Washington Post did not publish a headline saying that Hamas’ supply of weapons from Ukraine had tripled.

Persons: ”, Chris Moltisanti, Christopher Moltisanti, Michael Imperioli, Ali Baraka, Read Organizations: Washington Post, Hamas, Facebook, HBO, Ukrainian Defence, ”, Reuters, Israel Defense Forces, Thomson Locations: Ukraine, Ukrainian, ” Ukraine

☆ Long-shot Biden challenger Phillips won't run again for House
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Reba Saldanha/File Photo Acquire Licensing RightsNov 24 (Reuters) - U.S. Representative Dean Phillips of Minnesota, a long-shot challenger to President Joe Biden for the Democratic presidential nomination, on Friday said he would not run for reelection. The 54-year-old millionaire businessman and three-term congressman last month said he would run against Biden, seizing on the president's lackluster approval ratings and voter wariness over his age. The post linked to an interview in the Minnesota Star Tribune paper, in which he explained his move. Phillips, who first won his seat in 2018 and won reelection in 2020 and 2022, said it would be "unproductive and uncomfortable" to run again, given his nomination bid. Phillips is unlikely to affect Biden's chance of securing the party's nomination, given the incumbent's deep resources, official party support and reshaping of the party's nominating contest calendar to help fend off any early challengers.

Persons: Dean Phillips, Reba Saldanha, Joe Biden, Phillips, Donald Trump, David Ljunggren, Marguerita Choy Organizations: Democratic, U.S, statehouse, REUTERS, Dean Phillips of, Biden, Minnesota Star Tribune, Republican, Thomson Locations: Concord , New Hampshire, U.S, Dean Phillips of Minnesota

Thai Foreign Minister Parnpree Bahiddha-Nukara wrote online that he was “overjoyed.”He had traveled more than three weeks ago to Egypt and Qatar to seek their help in obtaining the hostages’ freedom. “It is our deep hope that all remaining hostages will be taken care of, and will be safely released at the earliest opportunity,” the Thai Foreign Ministry said. The spokesman for the Qatari foreign ministry, Majed al-Ansari, posted on X that the number was 10. Prof. Hagai Levine, head of the medical team at the Hostages and Missing Persons Families Forum, said that getting medical information about the Thai hostages' pre-existing conditions has been trickier than with released Israelis. According to Thailand's foreign ministry, 39 were killed in the Oct. 7 attacks, and 26 abducted.

Persons: Parnpree Bahiddha, Nukara, ”, Thais, Srettha Thavisin, Majed al, Ansari, farmhands, Hagai Levine, Ratana, “, Parnpree Organizations: Thai, International Committee, Thai Foreign Ministry, Qatari, Shamir, Center, Facebook, Hamas, Government, Trade, Labor Ministry Locations: Egypt, Qatar, Thailand, Israel, Iran, Malaysia, Thai, Udon Thani, Tehran, Persia

☆ Major New Jersey mall reopens after bomb threat - governor
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +1 min

[1/3] New Jersey State Troopers patrol the American Dream Mall after a bomb scare in Rutherford, New Jersey, U.S., November 24, 2023. REUTERS/David Dee Delgado Acquire Licensing RightsNov 24 (Reuters) - The American Dream Mall in New Jersey has reopened after briefly being evacuated while police investigated a bomb threat, state Governor Phil Murphy said in a post on the X social media network on Friday. The mall is located at the New Jersey Meadowlands Sports Complex in East Rutherford, home to the New York Giants and Jets National Football League teams. "The matter is still under investigation, but law enforcement has determined there is no imminent threat at American Dream at this time. The New Jersey State Police has reopened the mall," Murphy said, less than an hour after telling people to leave.

Persons: David Dee Delgado, Phil Murphy, Murphy, David Ljunggren, Mark Potter Organizations: New, New Jersey State Troopers, REUTERS, New Jersey Meadowlands Sports, New York Giants, Jets National Football League, The New Jersey State Police, Thomson Locations: New Jersey, Rutherford , New Jersey, U.S, East Rutherford, The

"i'm looking forward to returning to openai," Altman said in a post on the X social media platform late on Tuesday. Sam Altman attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. OpenAI's previous board consisted of Tasha McCauley, Helen Toner and OpenAI chief scientist Ilya Sutskever and Quora CEO D'Angelo, who is part of the revamped board. In a post on X on Tuesday, Shear said he worked "~72 very intense hours" to bring stability - and ultimately Altman - back to OpenAI. When he was out of a job, CEO Nadella said Altman could head a new research team alongside Brockman and other colleagues departing from OpenAI.

Persons: Bret Taylor, Brockman, FRANCISCO, Sam Altman, OpenAI, Larry Summers, Adam D'Angelo, D'Angelo, Altman, Danni Hewson, AJ Bell's, Satya Nadella, Kyle Rodda, Carlos Barria, Tasha McCauley, Helen Toner, Ilya Sutskever, Steve Jobs, Greg Brockman, Sunday Altman, Emmett Shear, Shear, Nadella, Jeffrey Dastin, Aditya Soni, Shivani Tanna, Bansari, Dhanya Ann Thoppil, Nivedita Bhattacharjee, Sam Holmes, Jane Merriman Organizations: U.S . Treasury, Microsoft, Economic Cooperation, REUTERS, Reuters, U.S, Thomson Locations: openai, U.S, OpenAI, Asia, San Francisco , California, Valley, San Francisco, Bengaluru

☆ US Secretary of Defense Austin: US will 'stand with Ukraine'
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

U.S. Secretary of Defense Lloyd Austin looks on as he attends the ASEAN Defense Ministers' Meeting Plus in Jakarta, Indonesia, November 16, 2023. REUTERS/Willy Kurniawan/Pool/ File Photo Acquire Licensing RightsKYIV, Nov 20 (Reuters) - U.S. Secretary of Defense Lloyd Austin arrived in Kyiv on Monday for a visit, he said on the X social media platform. "I'm here today to deliver an important message – the United States will continue to stand with Ukraine in their fight for freedom against Russia’s aggression, both now and into the future." The visit comes amid increasing division over Ukraine aid in the U.S. legislature. A joint Ukraine-U.S. military industry conference in Washington is due to take place next month.

Persons: Defense Lloyd Austin, Willy Kurniawan, Max Hunder, Bernadette Baum Organizations: Defense, ASEAN Defense Ministers, REUTERS, Rights, Thomson Locations: Jakarta, Indonesia, Kyiv, United States, Ukraine, U.S, Washington

☆ Microsoft emerges as big winner from OpenAI turmoil with Altman on board
▼ + stars: | 2023-11-20 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

That was nearly equal to the valuation OpenAI commanded in its last fundraise. "If Microsoft lost Altman, he could have gone to Amazon, Google, Apple, or a host of other tech companies," said Wedbush Securities analyst Dan Ives. We view Microsoft now even in a stronger position with Altman and Brockman at Microsoft running AI. Altman will lead a new research team at the software giant following his surprise ouster by OpenAI that shocked the tech industry. "The OpenAI for-profit subsidiary was about to conduct a secondary at a $80 billion+ valuation.

Persons: Satya Narayana Nadella, Lucas Jackson, Sam Altman, Altman, Dan Ives, Brockman, OpenAI, Greg Brockman, Szymon Sidor, SemiAnalysis, Mira Murati, Aditya Soni, Akash Sriram, Sriraj Organizations: Microsoft, REUTERS, Google, Wedbush Securities, Thomson Locations: Manhattan, New York City, OpenAI, Bengaluru

☆ US Secretary of Defense Austin: US Will 'Stand With Ukraine'
▼ + stars: | 2023-11-20 | by ( Nov. | At A.M. | ) www.usnews.com time to read: 1 min

KYIV (Reuters) - U.S. Secretary of Defense Lloyd Austin arrived in Kyiv on Monday for a visit, he said on the X social media platform. "I'm here today to deliver an important message – the United States will continue to stand with Ukraine in their fight for freedom against Russia’s aggression, both now and into the future." The visit comes amid increasing division over Ukraine aid in the U.S. legislature. A joint Ukraine-U.S. military industry conference in Washington is due to take place next month. That event, due on Dec. 6 and 7, is intended to boost Ukraine's domestic arms production as its fight against a full-scale Russian invasion nears the two-year mark.

Persons: Defense Lloyd Austin, Max Hunder, Bernadette Baum Organizations: Defense Locations: Kyiv, United States, Ukraine, U.S, Washington

☆ Microsoft emerges as big winner from OpenAI turmoil
▼ + stars: | 2023-11-20 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

[1/2] Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. The turmoil at OpenAI since Friday had raised fears about the fallout for Microsoft, which has pumped in billions of dollars and uses the pioneer's technology for most of its AI offerings. That was nearly equal to the valuation OpenAI commanded in its last fundraise. We view Microsoft now even in a stronger position with Altman and Brockman at Microsoft running AI. "The OpenAI for-profit subsidiary was about to conduct a secondary at a $80 billion+ valuation.

(AP) — Republican presidential candidate Ron DeSantis is refusing to condemn Elon Musk 's post endorsing an antisemitic conspiracy theory, maintaining Sunday that he wasn't familiar with the post despite it prompting major companies to pull advertising from the billionaire's X social media platform. “You have said the actual truth,” Musk tweeted in a reply Wednesday. “State of the Union” put Musk's post on the screen and host Jake Tapper read it to DeSantis before pressing him to condemn it — but the governor continued to demur. I have no idea what the context is,” said DeSantis who was joining the show via videoconference . “I know Elon Musk.

Persons: Ron DeSantis, Elon Musk, ” DeSantis, ”, Elon, ” Musk, DeSantis, Union ”, Jake Tapper, “, Andrew Bates, Jamie Raskin, didn’t, ” Raskin, you've, Raskin Organizations: — Republican, Union, IBM, Disney, Twitter, White, Maryland Democratic, “ Locations: WILMINGTON, Del, Florida, “ State, America, Israel, DeSantis

"Investors had hoped to receive separate shares of the cloud business in hopes the segment could achieve a higher multiple in the public markets due to its growth potential." The company then appointed Eddie Wu, one of Alibaba Group's co-founders and long-time lieutenant of former chief Jack Ma, as both CEO of Alibaba and the cloud business. Instead the group would focus on growing the cloud business and providing investment for its AI drivers, he said. [1/2]3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. Alibaba International Digital Commerce, a business that includes platforms such as Lazada and AliExpress, however reported a 53% rise in revenues, with retail revenue up 73% year-on-year.

Persons: Cainiao, Thomas Hayes, Alibaba's, Daniel Zhang, Eddie Wu, Alibaba Group's, Jack Ma, Zhang, Joseph Tsai, Tsai, Wu, Dado Ruvic, Alibaba, Akash Sriram, Brenda Goh, Sam Holmes, Arun Koyyur, Jane Merriman Organizations: Alibaba, HK, Tencent Holdings, Alibaba's, Investors, Analysts, Cloud Intelligence Group, REUTERS, Alibaba Group Holdings, PDD Holdings, Digital Commerce, Casey Hall, Thomson Locations: U.S, China, Hong Kong, Alibaba's U.S, Bengaluru, Shanghai

☆ Embattled US Rep George Santos won't run for reelection after damning ethics report
▼ + stars: | 2023-11-16 | by ( Moira Warburton | ) www.reuters.com time to read: +3 min

REUTERS/Julia Nikhinson/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - U.S. House Representative George Santos said he will not run for reelection after a damning House Ethics Committee report referred "additional uncharged and unlawful conduct" by him to the Justice Department on Thursday. I will however NOT be seeking re-election for a second term in 2024," Santos said in a post on the X social media site. "Representative Santos’ conduct warrants public condemnation, is beneath the dignity of the office, and has brought severe discredit upon the House" of Representatives, the bipartisan committee said in a statement. Ethics Chairman Michael Guest, a Republican, intended to file a motion to expel on Friday, according to media reports. Santos survived a vote to expel him from the House brought by fellow House Republicans from New York state in early November.

Persons: George Santos, Julia Nikhinson, Santos, Santos ’, Michael Guest, Moira Warburton, Andrew Goudsward, Jonathan Oatis Organizations: Rep, Capitol, REUTERS, Rights, . House, Justice Department, Department of Justice, Republican, Republicans, Thomson Locations: Washington , U.S, New York

WASHINGTON, Nov 13 (Reuters) - U.S. House of Representatives Speaker Mike Johnson's plan to avoid a partial government shutdown secured tentative support from top Senate Democrat Chuck Schumer on Monday, even as some of Johnson's hardline Republican colleagues pushed back against it. Without changes, the Texas Republican said he would oppose efforts to bring the bill to the floor. The bill is intended to pressure the House and Senate to agree on spending bills for fiscal 2024 by the assigned dates. Johnson warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement on full-year spending. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time.

Persons: Mike Johnson's, Chuck Schumer, Schumer, Chip Roy, Roy, Hakeem Jeffries, Kevin McCarthy, Joe Biden, Johnson's, centrists, Mike Johnson, Elizabeth Frantz, Johnson, Good, Marjorie Taylor Greene, Warren Davidson, Scott Perry, Andrew Clyde, Republican George Santos, Perry, Karine Jean, Pierre, Biden, McCarthy, David Morgan, Moira Warburton, Steve Holland, Scott Malone, Andrea Ricci, Richard Chang Organizations: . House, Senate, Texas Republican, Republican, Democratic, U.S . House, U.S, Capitol, REUTERS, Food and Drug Administration, House, White, Caucus, White House, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S

☆ Hardline Republicans push back on US House speaker's plan to avert shutdown
▼ + stars: | 2023-11-13 | by ( David Morgan | ) www.reuters.com time to read: +6 min

The bill is intended to pressure the House and Senate to agree on spending bills for fiscal 2024 by the assigned dates. Johnson warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement on full-year spending. Democrats had worried that Republicans would put defense and other party priorities in the first tranche and then let the remaining programs shut down. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time. The brutal infighting among Republicans this year, including the party's own rejection of three seasoned nominees for House speaker, coincides with falling federal revenues and mounting costs for interest, health and pension outlays.

Persons: Mike Johnson, Elizabeth Frantz, Johnson, Bob Good, Kevin McCarthy, Joe Biden, Johnson's, centrists, Good, Marjorie Taylor Greene, Warren Davidson, Scott Perry, Andrew Clyde, Chip Roy, Republican George Santos, Perry, Chris Murphy, Biden, McCarthy, David Morgan, Scott Malone, Andrea Ricci, Richard Chang Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, Food and Drug Administration, House, White, Caucus, White House, NBC, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S, Washington, Louisiana

☆ Moody's changes US ratings outlook to negative, affirms AAA
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +7 min

REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsNov 10 (Reuters) - Moody's on Friday changed the outlook on the government of United States of America's ratings to "negative" from "stable". Moody's affirmed the long-term issuer and senior unsecured ratings at "Aaa". COMMENTS:REPUBLICAN REPRESENTATIVE ANDY HARRIS, ON X SOCIAL MEDIA“Moody’s just downgraded our credit rating outlook to negative because of our out-of-control government spending and deficits. "I don't think that there is a significant consequence. WALLY ADEYEMO, DEPUTY SECRETARY OF THE TREASURY"While the statement by Moody’s maintains the United States’ Aaa rating, we disagree with the shift to a negative outlook.

Persons: Shannon Stapleton, Moody's, ANDY HARRIS, JOHN CORNYN, ” STEVEN RICCHIUTO, you've, ” THIERRY WIZMAN, MACQUARIE, “ Moody’s, ” MICHAEL GREEN, JACK ABLIN, CHICAGO “, it's, ”, ” QUINCY KROSBY, CAROL SCHLEIF, We've, CHRISTOPHER HODGE, KARINE JEAN, PIERRE, Moody’s, WALLY ADEYEMO, Biden Organizations: REUTERS, Aaa, Moody’s Investors Service, Capitol, FX, NEW, Republicans, Democrats, BMO, KARINE, Republican, Congressional Republicans, States ’ Aaa, Biden Administration, Global Finance, Markets, Thomson Locations: New York City, U.S, United States, MIZUHO, Japan, CHICAGO, CHARLOTTE, NORTH CAROLINA, MINNEAPOLIS , MN, American

Search resuls for: "X Social Media"

25 mentions found