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☆ What to watch for in the Iowa caucuses
▼ + stars: | 2024-01-15 | by ( Eric Bradner | ) edition.cnn.com time to read: +11 min

CNN —Iowa Republicans who are willing to brave record-low temperatures are set to kick off the party’s 2024 presidential nominating process with Monday night’s caucuses. Now, Iowa voters will render the first verdict of the 2024 election, weighing in on which Republican should take on President Joe Biden in November. Here are five things to watch in the Iowa caucuses:Will Trump top 50%? The Iowa caucuses have a history of paring down both parties’ fields of presidential contenders. Iowa will once again test whether any other Republican can break Trump’s hold on those voters, who have historically been a crucial bloc in the caucuses.

Persons: Donald Trump, Nikki Haley, Ron DeSantis, Joe Biden, Will, Trump, Haley, DeSantis, who’s, who’d, It’s, ” DeSantis, ‘ Darling, ” Trump, he’s, —, ” Haley, “ Donald Trump’s, Nikki Haley’s, ”, she’s “, CNN’s Dana Bash, “, Michele Bachmann, Pennsylvania Sen, Rick Santorum, Mike Huckabee —, Kentucky Sen, Rand Paul, Kim Reynolds, Vivek Ramaswamy, Asa Hutchinson, Ramaswamy, Hutchinson, Mike Pence, Bob Vander Plaats, Koch, Huckabee, Santorum, Texas Sen, Ted Cruz, what’s, “ He’s, they’re, ” “ That’s, I’m Organizations: CNN, Iowa Republicans, South Carolina Gov, Florida Gov, Republican, Will Trump, GOP, Des Moines Register, NBC, Trump, United Nations, Minnesota, Iowa, Arkansas Gov, Kentucky, South Carolina —, Prosperity, Texas, Democratic, New Hampshire —, Praetorian Guard, Fox News Locations: Florida, Iowa, Dubuque, “, Indianola, New Hampshire, South Carolina, DeSantis, Des, “ Iowa, Haley , Iowa, Pennsylvania, Waukee, , Iowa

☆ Maker of Wegovy, Ozempic showers money on U.S. obesity doctors
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +23 min

Novo spent at least $25.8 million over the past decade on U.S. medical professionals to promote its two obesity drugs, Wegovy and Saxenda, the analysis found. Jastreboff has also worked on clinical trials of obesity drugs for Eli Lilly, which markets a Wegovy competitor. Some doctors said Novo’s payments exemplify how the flood of industry money can dominate decision-making about care and coverage. Government pharmacy officer Solaru said her agency concluded that the new obesity drugs could be cost-effective by preventing other weight-related diseases and boosting workplace productivity. In January, the personnel office told its health plans they must cover at least one GLP-1 obesity drug for 8 million workers, retirees and family members.

Persons: Lee Kaplan, Kaplan, ”, gastroenterologist, He’s, Novo, Donna Ryan, Ryan, “, ” Kaplan, ” Novo, Robert Lustig, “ I’m, Lustig, They’re, Ania, ” Jastreboff, Jastreboff, Eli Lilly, Lilly’s Zepbound, Lilly, ” Lilly, Novo’s, Ayana, Sanders, Arthur Kellermann, ” Kellermann, mouthpieces, ’ ”, “ I'm, Jamy Ard, Ard, Dele, ” Solaru, ” Ryan, Scott Kahan, Kahan, Solaru, Christine Gallagher, Wegovy, Rebekah Carl, Carl, Jen Wexler, gaunt, Wexler Organizations: Novo Nordisk, Dartmouth, Nutrition Institute, Massachusetts General Hospital, Harvard Medical School, Reuters, Cambridge, Obesity Society, U.S ., Management, Reuters . Pharmaceutical, ”, U.S, United, National Health Service, University of California, U.S . Food, Drug Administration, Doctors, Wegovy’s, BMI, Yale University’s Center, Weight Management, Wall Street, American Medical Association, Rutgers University’s School of Public Health, Affordable, . Pharmaceutical, Companies, Uniformed Services University of Health Sciences, Wake Forest University, Wake Forest Baptist Health Weight Management, Obesity, Pennington Biomedical Research, U.S . National Institutes of Health, Personnel Management, Coalition, STOP, George Washington University, Novo Locations: CAMBRIDGE, Massachusetts, Boston, U.S, Novo, Danish, United States, Louisiana, San Francisco, Wegovy, Pennington, Baton Rouge , Louisiana, Government, New Columbia , Pennsylvania, Florida

☆ Alcaraz slow down inevitable, says Medvedev
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

Nov 14 (Reuters) - When Carlos Alcaraz beat Novak Djokovic to win Wimbledon in July it seemed the Spaniard's stratospheric career trajectory was limitless and he would take a stranglehold on men's tennis. A few months later, however, 24-time Grand Slam champion Djokovic has re-asserted his authority and Alcaraz is experiencing the first slump of his career. The 20-year-old bemoaned the fast playing conditions in Turin after a surprise loss to Germany's Alexander Zverev in his opening match at the ATP Finals on Monday. Daniil Medvedev, whose defeat of Alcaraz in the U.S. Open semi-final exposed some cracks in the Spaniard's game, says that a dip was to be expected at some point. Alcaraz will face Rublev in Red Group on Wednesday when defeat could end his hopes of reaching the semi-finals.

Persons: Carlos Alcaraz, Novak Djokovic, Djokovic, Germany's Alexander Zverev, Daniil Medvedev, Andrey Rublev, Carlos, Novak, Pete Sampras, Alex Corretja, Carlitos, Martyn Herman, Pritha Sarkar Organizations: Wimbledon, ATP, U.S, Red Group, Eurosport, Thomson Locations: Turin, Alcaraz, Russian

☆ Far-right hosts are blaming the GOP's big election losses on Taylor Swift
▼ + stars: | 2023-11-09 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

Some far-right commentators are blaming Taylor Swift for the GOP's Tuesday election losses. The pop star encouraged her fans to vote, but a GOP strategist warned election losses weren't her fault. AdvertisementAdvertisementFar-right commentators are putting the blame for the GOP's major election losses during Tuesday's races on one celeb: Taylor Swift. He fumed in another all-caps post that "THE CHILDLESS, UNMARRIED ABORTION ARMY MOBILIZED BY BARBIE, TAYLOR SWIFT, AND TIKTOK" was "CRUSHING REPUBLICANS AT THE BALLOT BOX." Kirk continued: "All the Swifties want is swift abortion.

Persons: Taylor Swift, Charlie Kirk, Jack Posobiec, —, Swift, Barbie, Posobiec, TAYLOR SWIFT, Kirk, Mother Mary, Mary, Joe Biden, Andy Beshear's, Donald Trump, Doug Heye, Heye, Swifties, Olivia Julianna Organizations: Service, BARBIE, Republican Party, Democratic Gov, Republican White, Washington Examiner Locations: Colorado , Kentucky, Maine , Mississippi , New Jersey , New York , Ohio, Pennsylvania, Texas, Virginia, Tennessee, Kentucky, Virginia's, Ohio, America

☆ Despite all that's at stake, Donald Trump's No. 1 obsession on the witness stand remains an imaginary insult to Mar-a-Lago
▼ + stars: | 2023-11-06 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +5 min

Trump cried "fraud," falsely accusing the judge of valuing the property at $18 million. "The fraud is on the court when you rule that Mar-a-Lago is worth $18 million," Trump said. Trump and his allies have seized on that part of the opinion, falsely claiming that Engoron had personally valued Mar-a-Lago at $18 million. He said it's worth 18 million. "Please, press, stop saying I'm valuing it at $18 million.

Persons: Donald Trump, Trump, —, Lago, Arthur Engoron, who's, Engoron, Kevin Wallace, Alina Habba, I'm, Habba, Letitia James, James, Joe Biden, Wallace Organizations: Service, New York, Mar, Trump, The New, Trump Organization, Prosecutors, Republican, New Locations: Manhattan, Palm Beach , Florida, The New York, New York, United States

☆ Low Ceilings Got You Down? Steal These Height-Boosting Tricks From Design Pros
▼ + stars: | 2023-11-02 | by ( Antonia Van Der Meer | ) www.wsj.com time to read: 1 min

RAISE YOUR GAME An all-white plan enlarges and brightens designer Ghislaine Viñas’ confining living room in her Bucks County, Pa., home. Photo: Jason VarneyIn the series How to Live With a Room You Hate, we ask design pros to solve everyday interior problems. THOUGH THEY CAN MAKE a nap-inducing bunk room or cottagecore Hobbit house feel more snug, low ceilings tend to be a real design downer otherwise. “They feel quite oppressive and limiting,” bemoaned Nicole Salvesen of the London firm Salvesen Graham. Not to mention a surefire way to thwart that coveted “light and airy look,” added New York City designer Ghislaine Viñas.

Persons: Ghislaine, Jason Varney, downer, ” bemoaned Nicole Salvesen, Salvesen Graham, ”, Ghislaine Viñas Locations: Bucks County, Pa, London, New York City

☆ The UAW strike is over after 46 days. Here are the details of their contract that will leave some workers making up to $42 an hour.
▼ + stars: | 2023-10-31 | by ( Nora Naughton | Associated Press | ) www.businessinsider.com time to read: +6 min

The historic United Auto Workers strike is over. The UAW announced Monday evening it had reached a tentative agreement with GM, the last of the Detroit car companies to complete negotiations. The 25% pay increases by April 2028 agreed to in the new contracts raise top pay to about $42 an hour, according to the union. For historical comparison, the union said its workers saw pay increases of 23% for all the years from 2001 through 2022. Ford was the first to notch a tentative agreement with the union on Oct. 25 after employees spent 41 days on strike.

Persons: —, Ford, Jim Farley, Mary Barra, Fain, Stellantis Organizations: United Auto Workers, GM, Detroit, Service, Big Three Detroit, UAW, Local UAW, Ford, Workers, Ultium, LG Energy, Big Locations: Detroit, U.S, Michigan, Korea

Looting broke out as the city's population of nearly 900,000 became increasingly desperate for food and water. Evelyn Salgado, governor of Acapulco's home state of Guerrero, said 45 people were confirmed dead and 47 others were missing, citing figures from state prosecutors. On Sunday afternoon, Mexico's federal civil protection authorities said there were 48 dead, consisting of 43 in Acapulco and five in nearby Coyuca de Benitez. [1/5]People walk next to rubble and damaged trees in the aftermath of Hurricane Otis, in Acapulco, Mexico, October 29, 2023. His fiery political broadsides triggered criticism that Lopez Obrador was downplaying the gravity of the disaster.

Persons: Hurricane Otis, Guerrero, Otis, Evelyn Salgado, Salgado, Coyuca de Benitez, Andres Manuel Lopez Obrador, Quetzalli, Emilia Rojas, Perla Rubi, We've, Mexico's, Lopez Obrador, Jose Decavele, Daina Beth Solomon, Dave Graham, Jonathan Oatis Organizations: Sunday, Briton, REUTERS, Thomson Locations: ACAPULCO, Mexico, Hurricane, Mexican, Acapulco, Guerrero, Coyuca, American, La Frontera

☆ Mark Cuban says crypto lacks a killer app, NFTs will stage a comeback, and billionaires should pay more tax. Here are his 6 best quotes from a new Q&A.
▼ + stars: | 2023-10-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

The "Shark Tank" investor says crypto needs a killer app, and NFTs will stage a comeback. "I am really, really, really good at sales. I'm gonna find a sales job, and I'm gonna learn more about that industry than anybody on the planet. And I'm gonna set a commission as high as I possibly can. Someday you're gonna turn around and say to yourself, 'I should have bought those damn NFTs when they were next to nothing.'"

Persons: Mark Cuban, —, Cuban, I'm, I've, Rick Bowmer, Alexa, Crypto, That's, grandma, they're Organizations: Service, Dallas Mavericks, Yahoo, Facebook, Cuban, Amazon, Microsoft Locations: ChatGPT

☆ Cramer's week ahead: Federal Reserve meeting, Apple and Eli Lilly earnings
▼ + stars: | 2023-10-27 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday told investors what he'll be focusing on in the coming week, namely Wednesday's Federal Reserve meeting and earnings reports from companies such as Eli Lilly and Apple . Cramer noted that recent days have been "brutal" for the stock market and bemoaned the bond market's effect on stocks. On Monday, Cramer will be waiting to see the results of McDonald's earnings report. Cramer called Thursday the most important business day of the week, with earnings from drug maker Eli Lilly and tech giant Apple. EOG Resources , which Cramer said is among the best oil and gas companies alongside Coterra , reports earnings after the bell Thursday followed by a Friday conference call.

Persons: CNBC's Jim Cramer, Eli Lilly, Apple, Cramer, he'll, Eaton, Eli Lilly's Mounjaro Organizations: Reserve, Caterpillar, Micro Devices, CVS, Yum Brands, KFC, Taco Bell, Apple, EOG, Treasury

☆ Experts weigh in on recent college grad's viral complaints about 9-to-5 schedule: 40-hour workweek is 'a historical accident'
▼ + stars: | 2023-10-27 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

In a viral TikTok, a recent college graduate bemoaned the demands of a 9-to-5 work schedule. Historically, there is precedence for this change, says Ben Hunnicutt, a historian who focuses on why companies abandoned shorter workdays. "The 40-hour workweek, from 9-to-5, is not a universal mandate from God, it's a historical accident," he says. Gen Z workers, like Brielle, might be the ones to facilitate a shift in company expectations. "There is a tendency now in younger folks to value their time more than advancement at work," Hunnicutt says.

Persons: Brielle, doesn't, I'm, they'd, Ben Hunnicutt, Gen, Hunnicutt Organizations: UAW

☆ Indian Muslims Flunk the Israel Test
▼ + stars: | 2023-10-26 | by ( Sadanand Dhume | ) www.wsj.com time to read: +1 min

But the fact it kicked in mere hours after Hamas’s civilian slaughter on Oct. 7—the assertion that somehow Israel drove Hamas to do it—deserves examination. Images: Zuma Press/AFP/Getty Images Composite: Mark KellyThe Hamas attacks in Israel this month presented the world with a stark test of moral clarity that the leaders of India’s 200 million Muslims appear intent on flunking. Their refusal to condemn the terrorist group’s savagery, or in some cases even to acknowledge it, is exceedingly foolish. It will fan fears of Islamic extremism among India’s Hindu majority and drive away the centrist allies Indian Muslims need to safeguard their rights. Indian Muslim political and intellectual elites have adopted a fanatically one-sided approach to Gaza that has fueled pro-Palestinian protests in Delhi, Pune, Mumbai, Bangalore, Aligarh and Hyderabad, among other Indian cities.

Persons: Israel, Mark Kelly, Tavleen Singh, “, ” Organizations: Zuma Press, Getty, Hamas Locations: Israel, Gaza, Delhi, Pune, Mumbai, Bangalore, Aligarh, Hyderabad, India

☆ Wall Street warning: Ray Dalio, Jamie Dimon, Larry Fink issue grim outlooks for the global economy
▼ + stars: | 2023-10-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Ray Dalio, Jamie Dimon, David Solomon, Larry Fink, and Steve Schwarzman all shared their views. They tackled topics such as inflation, recession, the Israel-Hamas war, and commercial real estate. JPMorgan CEO Jamie Dimon, BlackRock CEO Larry Fink, Goldman Sachs CEO David Solomon, Blackstone CEO Steve Schwarzman, and Bridgewater Associates founder Ray Dalio all shared their views. They touched on everything from the Israel-Hamas conflict and pressures on commercial real estate to inflation, interest rates, fiscal and monetary policies, and the risk of recession. David SolomonThe Goldman Sachs chief recalled the boom in mergers and acquisitions coming out of the pandemic, as massive amounts of fiscal stimulus and rock-bottom interest rates fueled "extreme confidence."

Persons: Ray Dalio, Jamie Dimon, David Solomon, Larry Fink, Steve Schwarzman, —, Goldman Sachs, Blackstone, Dalio, Dimon, Fayez Nureldine, David Solomon The Goldman Sachs, that's, Solomon, Fink, aren't, he's, we'll, Schwarzman Organizations: Service, Future Investment Initiative, Tuesday, JPMorgan, BlackRock, Bridgewater Associates, Getty Locations: Saudi Arabia, Israel, Russia, Ukraine, Riyadh, AFP

☆ Bond term premiums are now a focus for the Fed. What are they?
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +5 min

A bond yield can be decomposed into three elements: Expectations for what the Fed does with short-term rates; a premium for expected inflation; and a term premium. Term premiums cannot be directly observed but a number of models for them exist. A New York Fed model shows the term premium for the benchmark 10-year Treasury note has climbed by more than a percentage point since the start of the third quarter. "A sudden rise in term premiums to more normal levels poses a downside risk to long-maturity Treasury prices, which could in turn affect the prices of other assets," the Fed said in its July 2017 Monetary Policy Report, a period during which term premiums were below zero. "If long-term interest rates remain elevated because of higher term premiums, there may be less need to raise the fed funds rate."

Persons: Kevin Lamarque, Jerome Powell nodded, Lorie Logan, Dan Burns, Andrea Ricci Organizations: Department of, U.S . Treasury, REUTERS, . Federal Reserve, Economic, of New, Reuters, New York Fed, Reuters Graphics, Dallas, National Association for Business Economics, Thomson Locations: Washington , U.S, of New York, York

☆ Tesla Hits the Brakes on EVs, but Not on AI
▼ + stars: | 2023-10-19 | by ( Stephen Wilmot | ) www.wsj.com time to read: +1 min

UAW union members have been striking over job security and pay as automakers push forward in developing EV’s, which require fewer workers and cost more in raw materials. So what does that mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street JournalAfter years of growing at breakneck speed, Tesla seems to be slowing down. This is sensible, but investors haven’t bestowed a $867 billion market value on the company because they like common sense. And he bemoaned the impact of higher interest rates on vehicle affordability, which implies that Tesla is struggling to shift inventories despite this year’s price cuts.

Persons: George Downs, Tesla, haven’t, Elon Musk

☆ Tesla Is Hitting the Brakes on Everything but AI
▼ + stars: | 2023-10-19 | by ( Stephen Wilmot | ) www.wsj.com time to read: +1 min

Persons: George Downs, Tesla, haven’t, Elon Musk

☆ The Battle Over Rewards Points
▼ + stars: | 2023-10-19 | by ( Victoria M. Walker | ) www.nytimes.com time to read: +2 min

American’s AAdvantage last year introduced “Loyalty Point Rewards,” which also put a greater emphasis on credit card spending. That could mean an unbundling of the programs, not unlike what has happened with streaming, where rewards members would pay for the benefits they want and forgo ones they don’t. The airlines are already unbundling their services, particularly ultra-low-cost carriers such as Spirit Airlines, Frontier Airlines and Breeze Airways. New twists on rewardsIn a twist on traditional loyalty programs, some companies are asking members to pay a relatively nominal fee in order to gain access to rewards. While they won’t earn miles or elite status, if they’re an elite member of the standard rewards program, they won’t pay extra for carry-on or checked bags, depending on the tier.

Persons: American’s AAdvantage, watchdogs, Mr, Ross, Smith Organizations: Spirit Airlines, Frontier Airlines, Breeze Airways

☆ Middle East still in turmoil after Biden's Israel visit with Netanyahu
▼ + stars: | 2023-10-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —President Joe Biden left for home after seven hours in the Israeli war zone with an increasingly tense Middle East in worse shape than when he arrived. Still, given the huge political investment of American prestige and leverage involved in a sudden presidential trip, it’s fair to raise the question of what exactly Biden’s trip delivered. Biden’s speech to the Israeli people, however, was an eloquent statement of support to an ally traumatized by a terror attack. Ivo Daalder, a former US ambassador to NATO, told CNN’s Anderson Cooper that Biden’s visit had been worthwhile in demonstrating that Israel was not alone. Biden’s presence bolstered the message sent by two aircraft carrier battle groups he has deployed to the area.

Persons: Joe Biden, Biden, movingly, ”, Israel –, Jordan’s King Abdullah II, Recep Tayyip Erdogan, Abdel Fattah el, Mahmoud Abbas, ’, Israel’s, Israel “, ” Biden, “, “ they’ll, Sisi, ” Mark Regev, CNN’s Wolf Blitzer, Benjamin Netanyahu, Ivo Daalder, CNN’s Anderson Cooper, Israel, Daalder, Netanyahu, ” Daalder Organizations: CNN, Air Force, Israel, Palestinian, West Bank, US State Department, United, Islamic Jihad, US Defense Department, National Security Council, Jihad, White, NATO, Hezbollah Locations: Gaza, Israel, Gaza City, Amman, Tunisia, Iraq, Iran, Lebanon, United States, Washington, Egypt, “ Israel, America

☆ The S&P 500 is in a historic bubble and could crash by 63%, markets guru John Hussman warns
▼ + stars: | 2023-10-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Stocks are in a historic bubble and could crash by over 60%, John Hussman says. The markets guru says the S&P 500 looks very expensive and is priced to yield negative returns. He cautioned that virtually every market cycle in history has ended with projected S&P 500 total returns returning to historical norms. Hussman noted the S&P 500 is priced today for a negative return over the next 10 to 12 years. The markets guru said stocks won't necessarily crash, but "when the bough breaks, my sense is that it may break abruptly."

Persons: John Hussman, Hussman, Jeremy Grantham, —, Buckle, GMO's Jeremy Grantham Organizations: Service, Investment, Federal

☆ Trump’s turn against Israel offers stark reminder of what his diplomacy looks like
▼ + stars: | 2023-10-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

“With President Trump back in office, Israel, and everyone else, will be safe again!” he said. Trump’s original grievance-based analysis reflects a transactional, unorthodox approach to foreign policy that often prioritizes his own personal goals over a standard understanding of the national interest. Trump’s comments were not the first time he has appeared to seek a political benefit from his foreign policy and his positions on Israel especially. They also show Trump’s quintessential contempt for the rules of politics, foreign policy and even basic human decency, which explain why he horrifies many Americans and foreign governments. “He’s simply not expressing, and his imitators in his primary, are not expressing the same muscular American foreign policy that we lived out every day,” Pence said on a local New Hampshire radio.

Persons: Donald Trump’s, Trump, Benjamin Netanyahu, he’d, they’d, Netanyahu, Qasem Soleimani, –, he’s, “, Chris Christie, ” Christie, ”, Israel ”, Joe Biden, Biden, Netanyahu –, Critics, Netanyahu Trump, America’s, ” Trump, Trump’s, nobody’s, Xi Jinping, Kim Jong, Vladimir Putin –, Putin, Israel, Soleimani, “ I’ll, Bibi Netanyahu, pounced, Ron DeSantis, “ Now’s, Donald Trump, ” DeSantis, Mike Pence, Pence, “ He’s, ” Pence Organizations: CNN, Israeli, Republican, Trump, GOP, New, New Jersey Gov, “, Fox News, Ukraine –, Putin, ABC News, Florida Gov Locations: Israel, American, Iraq, Lebanese, New Jersey, Gaza, Iran, Islamic Republic, Tel Aviv, Jerusalem, U.S, Florida, Korean, Ukraine, Helsinki, Russia, Lago, Australian, New Hampshire

They can also rile up Trump's own party, which then incorporates the former president's vendettas and impulses into its own agenda. Though most in his party have stayed quiet, Trump's comments about Milley horrified some Republicans. On the debate stage last week, Trump’s rivals for the GOP nomination didn't address the former president's more incendiary rhetoric. Democrats, including Biden, have warned that Trump and supporters in his Make America Great Again movement are a threat to American democracy. At last week's California Republican Party convention in a hotel ballroom in Anaheim, Trump’s rhetoric reached yet another level.

Persons: Donald Trump, Joe Biden, lowlifes, ”, Trump, Vladimir Putin, Kim Jong, Ruth Ben, ” Ben, Ghiat, Rodrigo Duterte, Trump's, Jack Smith, Mark Milley, Milley, “, ” Milley, Mike Pence, John Kelly, Kelly, ” Trump, Steven Cheung, Biden, ” Alex Conant, Ron DeSantis, Conant, Paul Pelosi, Nancy Pelosi, San Francisco — how’s, Jonathan J, Cooper, Michael R Organizations: Republican, Democratic, White, NBC, New, North, New York University, Trump, U.S, Capitol, Federal Bureau of Investigation, Republicans, GOP, Joint Chiefs of Staff, Washington's Georgetown University, The Associated Press, White House, CNN, Marine Corps, Florida Gov, California Republican Party, Associated Press Locations: United States, New York, Philippines, Mexico, U.S, China, Florida, ”, California, Anaheim, San Francisco, Anaheim , California

Biden bemoaned the House is in such dysfunction and chaos, with the majority party having successfully booted its own elected speaker for the first time in history. And he said "it does worry me" that Ukraine funding might be in peril. But "I know there are a majority of members of the House and Senate in both parties who have said they support funding Ukraine," Biden told reporters at the White House. The idea that I was somehow going to convince McCarthy to change his mind was not reasonable," Biden said. Democrats and Republicans who back Ukraine aid hope to put aid in the funding bill due next month.

Persons: Joe Biden, Biden, Kevin McCarthy, McCarthy, Patrick McHenry, Biden –, –, reneging, I'm, McCarthy – Organizations: Republicans, GOP, California Republican, Senate, White, TV, Patrick McHenry , North Carolina Republican, Democrats, Ukraine Locations: Ukraine, Russia, United States, America, California, Patrick McHenry , North, Washington

☆ How a California hedge fund bulldozed the state's labor laws to impose some of the harshest noncompetes on Wall Street
▼ + stars: | 2023-10-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

That's partly why so few quantitative trading firms reside in California, whose labor-friendly laws have long favored employee mobility and competition. Exhibit A: The Voleon Group, a prominent quantitative-trading firm based in Berkeley, California, that manages about $5 billion in assets. The hedge fund has bulldozed past state prohibitions to not just impose noncompetes, but impose some of the harshest noncompetes in the entire industry, according to seven former employees, industry experts, and documents detailing the firm's restrictive covenants. Like so many other quant-trading firms, Voleon took care to protect its edge. Other employees Insider spoke with have a less generous view, with several describing the company as stingy — a third ex-employee bemoaned the company as "notoriously cheap" on compensation.

Persons: Kathy Hochul's, haven't, Michael Kharitonov, Jon McAuliffe, Shaw, — Kharitonov, McAuliffe, Voleon, —, Harry Lipman, Rottenberg Lipman Rich, Lipman, bemoaned, noncompetes, Martin Wainwright, Howard Aiken, Wainwright, hasn't, It's, Jessica Riggin, Rukin Hyland, Riggin, specter, James Hannaway, Sanford Heisler Sharp, Hochul, Rob Bonta, Sen, Anna Caballero, foisting, Caballero, Voleon's Organizations: New, Gov, University of California, Stanford, UC Berkeley, Wall Street, Google, Citadel, Sigma, That's, Big Tech, Darwin, MIT, Berkeley, California, Labor Locations: New York, California, Berkeley , California, University of California Berkeley, Berkeley, Voleon, Delaware, Washington ,

☆ Namibia coach calls for change to avoid history repeating itself
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

"Uruguay took control of the game and that is test match rugby. "These are things that cost you and we can’t hide (away) from it if we are not up to it. "We can't start to build once we have qualified, we have to put these things in place next year. We need to blood young players, there needs to be a programme with a timeline." Reporting by Nick Said, editing by Ed Osmond and Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Allister Coetzee, Coetzee, Nick Said, Ed Osmond, Toby Davis Organizations: Rugby, Uruguay, South, Thomson Locations: LYON, France, Namibia, Uruguay

NEW YORK (AP) — If another pandemic happens, the world will again be unprepared. That’s the bleak assessment of former New Zealand prime minister Helen Clark, who co-chaired the Independent Panel for Pandemic Preparedness and Response, after the U.N. General Assembly held a high-level summit aimed at heading off another pandemic. Other pandemic experts who tracked months of negotiations on the 13-page declaration adopted by the assembly’s 193 member nations were disappointed, too. “I think it’s fair to say that the declaration is a missed opportunity,” Clark said in an interview with The Associated Press on the sidelines of the General Assembly's high-level leaders' meeting. Clark also ticked off the catastrophic economic impacts of the pandemic: a $25 trillion loss to the global economy, and debt and default enveloping many developing countries.

Persons: Helen Clark, ” Clark, Nelson Mandela, Clark, “, Adhanom Ghebreyesus, wasn't, Antonio Guterres, ” Guterres, Ellen Johnson Sirleaf, ”, “ We’ve, Edith M, Lederer Organizations: New, Pandemic Preparedness, General Assembly, Associated Press, Health Organization, Pandemic, Liberian, General, The Associated Press Locations: New Zealand

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