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The temblor set off at least nine landslides, collapsing hillsides onto the Suhua Highway in Hualien, according to local media reports. The quake was centered in the waters off Hualien, according to the United States Geological Survey. The epicenter was about 10 miles under the earth’s surface, according to Taiwan. Here is the latest: In Japan, tsunami waves as high as 30 centimeters hit the shore on Yonaguni Island at 9:14 a.m. local time. People in China took to social media saying they felt the tremors as far as away as Hangzhou, Xiamen, and Shanghai.
Persons: Tobin, Motoko Rich Organizations: Rail, United States Geological Survey, Weather Administration, U.S . Pacific, Warning Locations: Taiwan, Japan, Hualien, Taiwan’s, Taipei, People, China, Hangzhou, Xiamen, Shanghai
A container ship colliding into the Francis Scott Key Bridge in Baltimore is drawing attention to potential vulnerabilities among some of America’s more than 600,000 bridges. The Key Bridge stood for 47 years, and in that time it never received the sort of jolt that anyone could have thought would bring it down. Extreme weather events, increasingly heavy trucks and collisions from larger container ships pose significant risks to US bridges, engineers and other infrastructure experts say. The Key Bridge was “fracture critical,” the National Transportation Safety Board said Wednesday. To minimize the potential of ships bringing down bridges, bridges need to be built with what are known as redundancies— protections around bridges’ danger points.
Persons: Francis Scott Key, Dali, Ananth Prasad, Prasad, , Jessie Yeung, Curt Devine, Casey Tolan, Isabelle Chapman Organizations: American Society of Civil Engineers, Congressional Research Service, National Transportation Safety, World Association, Transport Infrastructure, Florida Transportation Builders ’ Association, CNN Locations: Baltimore, America, United States, China, Argentina, Florida
Unlike Obama and Clinton before him, Biden is running against a candidate only a few years his junior. It was a twist on how Clinton answered a question about Dole's age during the second presidential debate in 1996. There is not much precedent for the event Biden's campaign is putting on Thursday. Obama, Biden and Clinton will inevitably go down memory lane during a discussion moderated by comedian Stephen Colbert. Aside from private conversations, Biden also often directs his top aides to follow up with Obama or Clinton on various topics of conversation.
Persons: Barack Obama, Joe Biden, Bill Clinton, Robert Byrd, George H.W . Bush, Bob Dole, John McCain, , Biden, Obama, Clinton, Still, Dole, McCain, Seth Meyers, Donald Trump, Sen, Scott Reed, Reed, Mike Pence's, — McCain, Mark Salter, George W, Bush, Hillary Clinton, Salter, McCain's, Mindy Kaling, Jill Biden, Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo, Lea Michele, Annie Leibovitz, Harris, Jeffrey Katzenberg, Rufus Gifford, Chris Korge, Condé, Anna Wintour, Julie Chavez Rodriguez, DJ D, Stephen Colbert, Jeff Zients, Anita Dunn, Steve Ricchetti, Bruce Reed, Jen O'Malley Dillon, Mike Donilon, Ricchetti Organizations: West Virginia State Capitol, NBC, NBC News, Democratic, Radio City Music Hall, Biden, Biden Victory Fund, DJ, Affordable, Trump, he's Locations: Charleston , West Virginia, New York, New Hampshire
In an AP-NORC poll conducted in February, 38% of U.S. adults approved of how Biden was handling his job. Black adults are more likely than white and Hispanic adults to approve of Biden, but that approval has dropped in the three years since Biden took office. This is stuff that requires work,” Quentin Fulks, principal deputy campaign manager for the Biden campaign, said in an interview. Still, the Biden campaign and the broader Democratic Party are confronting their own struggles, despite their cash and organizational advantages. And in Nevada, Biden will continue promoting a new housing proposal that would offer a mortgage relief credit for first-time homebuyers and a seller's tax credit to encourage homeowners to offload their starter homes.
Persons: Joe Biden, Harris, Biden, Donald Trump, They're, Trump, Jill Biden, ” Quentin Fulks, , , Maria Cardona, White, Lael Brainard, Sen, Catherine Cortez Masto, , ” Cortez Masto, Linley Sanders, biden Organizations: WASHINGTON, Democratic, Biden, Asian American, Bilingual, GOP, Republican National, Trump, RNC, Trump's, Democratic Party, AP VoteCast, , White, National Economic Council, Republican, Associated Press Locations: Nevada , Arizona, Texas, Reno , Nevada, Washoe County, Las Vegas, Phoenix, U.S, Arizona, Maryvale, Nevada and Arizona, Biden's State, Biden’s, Nevada , Pennsylvania, North Carolina, Wisconsin, In Arizona, Nevada, Dallas, Houston
From consumer and wholesale prices to longer-term public expectations, reports this week served up multiple reminders this week that inflation isn't going away anytime soon. Data across the board showed pressures increasing at a faster-than-expected pace, causing concern that inflation could be more durable than policymakers had anticipated. The bad news began Monday when a New York Federal Reserve survey showed the consumer expectations over the longer term had accelerated in February. It continued Tuesday with news that consumer prices rose 3.2% from a year ago, and then culminated Thursday with a release indicating that pipeline pressures at the wholesale level also are heating up. The latest jolt on inflation came Thursday when the Labor Department reported that the producer price index, a forward-looking measure of pipeline inflation at the wholesale level, showed a 0.6% increase in February.
Persons: Steven Blitz, Dow Jones Organizations: New York Federal Reserve, TS Lombard, Labor Department, department's Bureau of Labor Statistics
The sum, which was shared first with NBC News, is a record for Biden's re-election effort, the campaign said. The money flowed in via approximately 116,000 donations from 113,000 contributors, a senior Biden campaign adviser said. Biden's campaign proper had $56 million in the bank at the end of January, the most recent period covered by public campaign finance filings, while the DNC had $24 million. Biden's campaign said its $10 million post-State of the Union total came amid other highs in the past week. "We thank our grassroots supporters who are motivated more than ever to reelect President Biden and Vice President Harris.
Persons: Joe Biden, Joe Biden's, Donald Trump, Biden, Trump, that's, Julie Chavez Rodriguez, Harris, Chavez Rodriguez Organizations: Chamber, U.S, Capitol, Washington , D.C, NBC News, Biden's, Democratic National Committee, Biden, Trump, Republican National Committee Locations: Washington ,, President's
Jerome Powell, chair of the Federal Reserve, during a House Financial Services Committee hearing in Washington, D.C., on June 21, 2023. The past several months have seen a changing dynamic between financial markets and the Fed over the pace and timing of expected interest rate cuts this year. Markets have had to adjust their collective view from a highly accommodative central bank to one that's more cautious and deliberate. Central to the question of how the Fed acts from here on out is its view on inflation and how Powell expresses that. Powell will have to synthesize the recent trends carefully as he speaks first to the House Financial Services Committee on Wednesday, then the Senate Banking Committee the day after.
Persons: Jerome Powell, Nathan Howard, Powell, Quincy Krosby, He's, it's, Joseph LaVorgna, Steven Ricchiuto, Sharp Organizations: Federal, Financial, Washington , D.C, Bloomberg, Getty, Capitol Hill, Fed, LPL, CME Group, Banking Committee, Nikko Securities, Big Tech, Mizuho Securities, Market Locations: Washington ,
A onetime commodities backwater, congestion trading has become a growing business in recent years as the demand for electricity and volatility on the power grid in the US has soared. The financial category, which includes specialized power-trading companies, banks, hedge funds, and large proprietary trading firms, dominates the market, in part because the physical power firms typically operate in only one or two regions. He launched three congestion trading teams for the firm, including in California and Texas after those states introduced congestion trading in 2008 and 2010, respectively. Citadel, along with Susquehanna International Group and Tower Research, has been involved in FTR trading since the market's infancy. Volatility has been increasing on the power grid, in part because of changing weather patterns, Jeev added.
Persons: Kumar Jeev, Jane Street, Richard Roseblade, who's, There's, Roseblade, Bill Clark, Jeev, DC Energy's Tyler Kuhn, DRW, California Al Seib, Brevan Howard, Jane, Stephanie Staska, Staska, couldn't, Joe Biden's, It's, Meredith Angwin, Angwin Organizations: Business, Capital, Midwest, Citadel, Tower Research, Yes Energy, Energy, Anadolu, Getty, Federal Energy Regulatory Commission, FERC, Nasdaq, York Stock Exchange, Nvidia, Johns Hopkins University, DC Energy, Wayfair, Squarepoint, Appian, Boston Energy, Susquehanna International Group, DC, Bloomberg, Commodities, Traders, Wall Street, Workers, GreenHat Energy, JPMorgan, Hill Energy Resource & Services, P, Grid, & $ Locations: Wall, East Coast, DRW, Susquehanna, FTRs, New York, Canada, Texas, Virginia, California, Berlin, Chicago, Oregon, California Al, Ukraine, Russian, Uri, Northern Virginia
Larry Hogan might not be running for Senate this year but for a letter he received in early January. The popular former Republican governor of Maryland had rebuffed years of entreaties and lobbying from a parade of powerful Republicans. Once Mr. Hogan had cracked open what had seemed a shut door, Mr. Thacker quickly informed his boss of his personal outreach, setting in motion a frantic three-week sprint of private meetings and polling. Mr. Hogan ultimately made a dramatic surprise entrance into the race hours before a Feb. 9 filing deadline. The decision delivered a genuine jolt to a Senate landscape that was already heavily tilted toward Republicans in 2024.
Persons: Larry Hogan, Hogan, Darin Thacker, Thacker Organizations: Senate, Republican Locations: Maryland, Annapolis
Get Ready for a Fashion Vibe Shift
  + stars: | 2024-02-25 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
There’s a change underway in fashion. Continued in New York, at Willy Chavarria, who set a family-size table of sartorial intention. And in Milan, was picked up by Francesco Risso at Marni, who boiled fashion down to its essence so it could begin again. Papering in white a cavernous warren of rooms under a railway track, so it resembled some sort of petri dish, Mr. Risso birthed a very chic primal scream. These would not be easy garments to wear, but they sure jolt you out of your torpor.
Persons: John Galliano’s Maison, Willy Chavarria, Francesco Risso, Risso, Outerwear Locations: New York, Milan, Marni
We have tried almost every single way to approach gun violence in a way that people will pay attention. There have been 50 mass shootings in the United States so far this year, according to the Gun Violence Archive. Brett Cross says he's unfazed by critics who are against the use of AI-generated voices of children killed by gun violence. But earlier this month, it announced that robocall scams using AI-generated voices are a violation of telecommunications law. He says some parents who’ve lost children to gun violence were reluctant to take part in the project.
Persons: CNN — Joaquin Oliver’s, Marjory Stoneman, “ It’s, , ” Manuel, Patricia Oliver, Joaquin, Marjory Stoneman Douglas, Cody Jackson, , Manuel Oliver, Uzi, Garcia, Mitch Renfro Uzi Garcia, “ I’m, Brett Cross, he’s, he's unfazed, Nuri Vallbona, Ethan Song, Akilah Dasilva, Mike Baughan, Jaycee Webster, Uzi Garcia, Jordan Vonderhaar, Biden, ’ landlines, Oliver, they’re, Alex Quilici, ’ —, Robert Wahl, ” Manuel Oliver, who’ve, It’s Organizations: CNN, Capitol, Marjory Stoneman Douglas High School, Parkland, Kansas City, Robb Elementary School, Reuters, Maryland, Federal Communications Commission, New, Telephone Consumer, Concordia University Wisconsin, Hollywood Locations: Parkland, Parkland , Florida, Florida, Kansas, United States, Uvalde , Texas, Connecticut, Tennessee, Maryland, New Hampshire
Pedro Pascal has shared the bizarre mnemonic system he uses to memorize his lines. Users on X compared his notes to the Zodiac Killer's infamous cipher, which went unsolved for years. "I have information that could lead to the immediate arrest of Pedro Pascal. Others also saw the similarity between Pascal's page of notes and the Zodiac Killer's infamous ‘340 Cipher.' Advertisementhave we tried giving pedro pascal the zodiac killer’s letters to see if he could unencrypt them — tortured poets department intern (@thenoasletter) February 18, 2024"Have we tried giving pedro pascal the zodiac killer's letters to see if he could unencrypt them," someone else wrote.
Persons: Pedro Pascal, , Billy Crudup, Matthew Macfadyen, Kieran Culkin, Pascal, Culkin, pedro pascal, Reed Richards, Pedro, Reed Organizations: Service, AFTRA, Marvel
“It isn't just sort of creepy,” said Washington state Rep. Vandana Slatter, the sponsor of a law her state adopted last year to rein in unauthorized use of health information. X-Mode was also found to have sold location data to the U.S. military. In Virginia, legislation that would prohibit the issuance of search warrants, subpoenas or court orders for electronic or digital menstrual health data recently cleared both chambers of the Democratic-controlled General Assembly. “The next step to enforcing an abortion ban could be accessing menstrual health data, which is why I’m trying to protect that data,” Favola said in a committee hearing. “The software supply chain is extremely polluted with location tracking of individuals,” he said.
Persons: Roe, , Vandana Slatter, , Albert Fox Cahn, Sen, Ron Wyden, Wyden, He’s, It's, Washington's, Andrea Frey, Democratic Sen, Barbara Favola, Glenn Youngkin, ” Favola, Favola, “ It’s, Republican Sen, Mark Peake, Youngkin's, Sean O'Brien, he's, ___ Mulvihill, Frank Bajak, Sarah Rankin Organizations: Democratic, Supreme, Wade, Oregon Democrat, Intelligence, The Veritas Society, Wisconsin, Federal Trade Commission, Securities Exchange Commission, FTC, ., Democrat, Republicans, Connecticut, Assembly, Virginia Gov, Republican, Yale Privacy, Associated Press Locations: U.S, Washington, Oregon, Wisconsin, Massachusetts, Nevada, York, California, Maryland, ” Illinois, Hawaii , Illinois, Maine , Maryland , Massachusetts , Missouri, South Carolina, Vermont, In Virginia, Cherry Hill , New Jersey, Boston, Richmond , Virginia
Wholesale prices rose more than expected in January, further complicating the inflation picture, according to a Labor Department report Friday. The producer price index, a measure of prices received by producers of domestic goods and services, rose 0.3% for the month. On a core basis, which the Fed focuses on more as a longer-term gauge of inflation, the CPI was up 3.9%. Stock market futures moved lower after the PPI report and Treasury yields surged. However, excluding food, energy and trade services, the index rose 2.6% after being up 1.8% in December.
Persons: Dow Jones, pare Organizations: Labor Department, PPI, CPI, Commerce Department
He wanted to be identified by first name only for privacy reasons; his full name is known by Business Insider. He and 77 other would-be passengers who have yet to receive refunds are asking the US Attorney in Southern Florida to investigate Life at Sea's parent company, Miray Cruise Lines, LLC, for fraud. When I first heard about Life at Sea Cruises, it sounded too good to be true. But we were very quickly told that while we could cancel and withdraw, our refund would be far reduced. [Bayramoğlu confirmed that Adam is a priority and "will be the first" to receive a refund when it begins the bank wires.]
Persons: , Adam, Miray, Bayramoğlu, I've, Ethem Bayramoğlu, Vedat Organizations: Service, Business, Miray Cruise Lines, Sea Cruises, Miray Cruises, National Health Service, Miray Locations: British, Southern Florida, Alaska, Antarctica, Istanbul, Miray
In 1818 Mary Shelley published “Frankenstein; or, the Modern Prometheus.”In the novel, Frankenstein brings a creature to life with a "spark of being." Both scientists influenced “Frankenstein.” Shelley incorporated some of Davy’s writings into her novel, and the 1818 and 1831 prefaces both reference Darwin. Mary Wollstonecraft Shelley wrote "Frankenstein" when she was 18 years old. Hulton Archive/Getty ImagesPoet Percy Bysshe Shelley, whom Mary Shelley married the same year she started "Frankenstein," was also fascinated with science. “Could it be electricity?”The electrical experimentsIn her 1831 revised edition of "Frankenstein," Shelley removed the part about lightning and instead referenced galvanism.
Persons: Mary Shelley, , , Frankenstein, Shelley, , Lisa Frankenstein, Victor Frankenstein, Shelley doesn’t, Mary Shelley’s, William Godwin, Erasmus Darwin, Charles ’, Humphry Davy, “ Frankenstein, ” Shelley, Darwin, Mary Wollstonecraft Shelley, Percy Bysshe Shelley, Lord Byron, Percy Shelley, Erasmus Darwin’s, she’d, Byron, Boris Karloff, reenacted Benjamin Franklin ’, Franklin, Michael Faraday, Georg Ohm, Juliet Burba, he'd, Luigi Galvani, he’d, Alessandro Volta, Dominique Jean Larrey, Galvani’s, Giovanni Aldini, Aldini, Thomas Forster, Shelley’s Organizations: Service, Getty, Universal, Obscura Locations: Hulton, Lake Geneva
TurboTax is set to run a 45-second ad during the Super Bowl, plus 30-second spots both before and after the game. Investment needs to continue even after the initial airing for the Super Bowl ad to maximize its potential. The company's Super Bowl strategy greatly evolved between those two years. After its 2023 Super Bowl spot that paid homage to the '90s hit movie "Clueless," Rakuten continued to position itself as a fashion marketplace by partnering with New York Fashion Week. Regardless of the risks, Super Bowl advertisers have the opportunity to jolt their business to new heights.
Persons: There's, Todd Allen, Bud Light's, Bud Light, Nick Soukas, TurboTax, Melissa Tifrere, there's, Joe Staples, Ana Dominguez, Grey, Rakuten, Vicki McRae, Rakuten's, McRae, Sofia Colucci, Molson Coors Organizations: Nielsen, Business, Anheuser, Busch InBev, Havas, Lindt, BI, Investment, Super, New York, Super Bowl, EDO, NFL Locations: York, Lindt USA
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMany young Americans are hitting up their parents for cash because they can't afford the basics following historic inflation, Kevin O'Leary said. A recent Pew survey found that 59% of parents with children aged 18 to 34 said they helped their kids financially. The O'Leary Ventures chairman, nicknamed "Mr Wonderful," underlined the painful impact of historic inflation in recent years. "This has been a particularly tough jolt" for young Americans over the last three years, O'Leary said.
Persons: , Kevin O'Leary, O'Leary, " O'Leary, Chris Kempczinski, they've, they're Organizations: Service, Business, Fox News, O'Leary Ventures Locations: America
Tokyo, Japan CNN —When art collective teamLab opened its flagship Tokyo venue, teamLab Borderless, in 2018, the group wanted it to fundamentally change the way we perceive and think about modern art. teamLab Borderless TokyoSo, it’s perhaps no surprise that a significant amount of hype surrounds the grand return of Borderless, which reopens this week in an upmarket new high-rise in Tokyo’s Azabudai district. teamLab Borderless TokyoKudo’s rhetorical style is circuitous, which is apt in a venue that eschews a linear approach to museum design. teamLab Borderless TokyoWandering around Borderless is more like “shinrin-yoku,” the Japanese art of forest bathing, whereby you let your body react to its environment so that it subconsciously directs your movements. teamLab Borderless TokyoThere may be no centerpiece at Borderless, but when another teamLab member, Sakurako Naka, opened a curtain to the new “Light Sculpture” series, she said the collective is “super excited” about this one.
Persons: teamLab Borderless, Takashi Kudo, , , , teamLab, motioning, There’s, Sakurako, Kudo Organizations: Japan CNN, Google, CNN Locations: Tokyo, Japan, Beijing, Melbourne , New York, London, Singapore, Taipei, Tokyo’s Azabudai district, ichi, Sakurako Naka
I prefer things to be sweet and cold, but you can use these recommendations as a baseline and adjust your order to your own preferences. Read on for my favorite things to order at Starbucks. ShutterstockAn iced caramel macchiato is currently my favorite order when I'm looking for a fancier drink — as long as the barista doesn't skimp out on the caramel drizzle (the most important part). A classic soy-milk latte is the perfect pick-me-upI'll order a soy latte hot or iced. The glazed doughnuts are the perfect companion to a cup of coffeePastries are one of my favorite things to pair with coffee.
Persons: , I've, Abigail Abesamis, James Andrews1, I'm, Mary Meisenzahl Organizations: Service, Starbucks, Business, creamer Locations: Chicago, scone, Gouda
"Netflix won the streaming wars in 2009 when they started streaming," said Tim Nollen, a media analyst at Macquarie. "I think it's a little bit ridiculous, to be honest," Bazinet said when asked if Netflix has won the streaming wars. AdvertisementHow Hollywood can beat Netflix at its own gameHollywood stalwarts can compete in streaming, Bazinet argued — provided the media industry first consolidates even further. The two biggest threats right now are Disney — which has about 220 million subscribers across Disney+, Hulu, and ESPN+ — and Amazon. Nollen said Amazon would flood the market with cheap ads and crush its competition like it did in e-commerce.
Persons: , That's, Jason Bazinet, Tim Nollen, They've, Bazinet, overreacted, Jessica Reif Ehrlich, Reif Ehrlich, Nielsen Bazinet, Joe Bonner, Bonner, John Hodulik, Hodulik, I'm, Macquarie's, Nollen, it's Organizations: Service, Netflix, Business, Citigroup, Disney, Paramount, Macquarie, Hollywood, Bank of America, Nielsen, ESPN, Argus Research, Hulu, UBS, Amazon Locations: Hulu
Under California rules, Democrats and Republicans appear on the same primary ballot and the two candidates with the most votes advance to the general election, regardless of political party. Come November, the seat is expected to stay in Democratic hands in a state where Republicans haven’t won a U.S. Senate election since 1988. Gavin Newsom appointed Laphonza Butler, a longtime Democratic organizer, to fulfill Feinstein's term, and Butler chose not to seek election to the seat. In 2016 and 2018, GOP Senate candidates performed so poorly that two Democrats appeared on the November ballot. Porter opposes earmarks — where lawmakers direct federal spending to a specific project or institution back home — while Schiff and Lee endorsed them.
Persons: Democratic Sen, Dianne Feinstein, Adam Schiff, Donald Trump’s, Schiff, He’s, Barbara Lee, Katie Porter, Steve Garvey, Republicans haven’t, Garvey, ” Schiff, Garvey “, Porter, , Feinstein, Gavin Newsom, Laphonza Butler, Butler, Joe Biden's, Donald Trump, . Garvey, Eric Early, spotlighting, Alex Padilla, Mark Meuser, wasn’t, , … I’ve, I’ve, Nancy Pelosi, Lee Organizations: ANGELES, Senate, Democratic, Democratic U.S . Rep, Democratic House, Republican, Los Angeles Dodgers, National League MVP, Republicans, U.S, GOP, Congress, Democrats, White, Trump, Dodger, Capitol Locations: U.S, California, , Los Angeles, Israel, Gaza, Russia
Morgan Stanley raised its price target on General Motors. 6:56 a.m.: Morgan Stanley calls Bloom Energy a 'secular winner' Morgan Stanley reiterated its overweight rating on Bloom Energy , naming it an underappreciated AI beneficiary. The firm also maintained its $22 price target on shares, which suggests shares surging more than 94% from where they closed on Wednesday. — Hakyung Kim 6:14 a.m.: Morgan Stanley steps to the sidelines on ZoomInfo ZoomInfo Technologies is "unlikely to zoom into a recovery," according to Morgan Stanley. — Hakyung Kim 5:40 a.m.: Morgan Stanley raises GM price target A focus shift back to internal combustion engine vehicles can give General Motors another jolt higher, according to Morgan Stanley.
Persons: Morgan Stanley, Andrew Percoco, — Hakyung Kim, Antonio Reale, Reale, Hakyung Kim, Elizabeth Porter, Porter, Richard Choe, Choe, Jefferies, NYCB, Jon Arfstrom, Arfstrom, Christopher Danely, Danely, Bank of America's Tal Liani, Liani, Samik Chatterjee, Chatterjee, Adam Jonas, Jonas, — Fred Imbert Organizations: CNBC, General Motors, Qualcomm, Citi, Bloom, Bloom Energy, Bank of America, Santander Santander, Santander, ZoomInfo, JPMorgan, T, RBC, New York, Bancorp New, Bancorp New York Community, Bank, NYCB, Citi Citi, chipmaker Qualcomm, Samsung, Bank of America's, GM Locations: Spanish, Spain, Santander, Europe, U.S, Wednesday's, Bancorp New York
A Hong Kong court on Monday ordered the liquidation of real-estate developer China Evergrande Group. Evergrande is the world's most indebted developer with more than $300 billion of total liabilities. AdvertisementA Hong Kong court on Monday ordered the liquidation of China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain the deepening crisis. Evergrande had been working on a $23 billion debt revamp plan with the ad hoc bondholder group for almost two years. Before Monday, at least three Chinese developers have been ordered by a Hong Kong court to liquidate since the current debt crisis unfolded in mid-2021.
Persons: , Evergrande, Hui Ka Yan, Linda Chan Organizations: Monday, China Evergrande, Service, Hong, China Evergrande Group, Hong Kong High, Evergrande Locations: Hong Kong, Beijing, China
Trump is already flexing strongman power in the GOP
  + stars: | 2024-01-26 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +10 min
The ex-president is trying to intimidate Nikki Haley into abandoning the GOP presidential race. Trump’s brisk assertion of his growing power as the likely nominee is a characteristic dismantling of constraints that echoes his behavior in office. But she provoked him by refusing to quickly fold her campaign and endorse him like other GOP candidates, including Florida Gov. But the disdain toward Haley from Trump world is remarkable. It would have essentially joined the party’s forces with Trump while an election involving a rival was still taking place.
Persons: Donald Trump, Nikki Haley, they’ll, Trump’s, anoint, Joe Biden, Trump, Haley, , Viktor Orbán, ” Orbán, he’s, ” Trump, Katon Dawson, Kasie Hunt, CNN Max, Dawson, polarize, Nikki, “ Donald Trump, ” Haley, Ron DeSantis, South Carolina Sen, Tim Scott, , CNN’s Kaitlan Collins, MAGA, Elise Stefanik, , Collins, Biden doesn’t, Biden, Republican Sen, Todd Young, Utah Sen, Mitt Romney, who’s, Democratic Sen, Chris Murphy of Connecticut, doesn’t, ” Murphy, CNN’s Manu Raju, Vladimir Putin Organizations: CNN, Republican Party, GOP, South, Republican National Committee, Trump, Biden, South Carolina GOP, CNN International, Palmetto State, Florida Gov, RNC, Republican, Democratic, Capitol Locations: Iowa, New Hampshire, South Carolina, genuflect, Manchester , New Hampshire, Hungarian, “ State, Palmetto, Cuba, United States, Charleston, Hampshire, Trump, New York, Indiana, Utah, Ukraine
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