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☆ Supreme Court hears tax case on 'income': It may 'have the biggest fiscal policy effects of any court decision,' expert says
▼ + stars: | 2023-12-05 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

The Supreme Court is set to hear oral arguments Tuesday on a case that could affect broad swaths of the U.S. tax code and federal revenue. The closely watched case, Moore v. United States, involves a Washington couple, Charles and Kathleen Moore. Designed as a transition tax, the legislation required a one-time levy on earnings and profits accumulated in foreign entities after 1986. While the 16th Amendment outlines the legal definition of income, the Moore case questions whether individuals must "realize" or receive profits before incurring taxes. It's an issue that has been raised during past federal "billionaire tax" debates and could affect future proposals, including wealth taxes.

Persons: Moore, Charles, Kathleen Moore, Donald Trump's, Moores, Matt Gardner Organizations: Taxation, Economic, Finance Locations: United States, Washington

☆ Breaking down the final scene of Netflix's new hit movie, 'May December'
▼ + stars: | 2023-12-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

The movie follows an actor (Natalie Portman) shadowing a woman (Julianne Moore) she'll be playing in a movie. Advertisement"May December" hit Netflix on Friday, and the drama already has audiences buzzing — largely because of the movie's final scene. Here, director Todd Haynes ("Far from Heaven," "Carol") examines actor Elizabeth Berry's (Natalie Portman) preparation to undertake her biggest role yet. Throughout the movie, we watch Elizabeth go deep into research. AdvertisementThe final shot also conveys to the audience that the movie Elizabeth is starring in isn't very high-end.

Persons: Natalie Portman, Julianne Moore, she'll, —, Todd Haynes, Carol, Elizabeth Berry's, Gracie Atherton, Joe, Charles Melton, François Duhamel, Netflix Natalie Portman, Elizabeth, Gracie, Georgie, Cory Michael, Smith, Netflix Elizabeth, That's, Georgie's, Haynes, she's, Mary Kay Letourneau, Letourneau, Fualaau Organizations: Service, Netflix Locations: Savannah , Georgia, Savannah, isn't

☆ Republicans prepared to block Ukraine-Israel aid package if border policy changes not included
▼ + stars: | 2023-12-04 | by ( Lauren Fox | Ted | ) edition.cnn.com time to read: +5 min

Schumer would need nine Republicans to overcome a procedural hurdle, something that many Republicans signaled Monday they wouldn’t help Democrats do. “It may require a failed cloture vote on the supplemental before Sen. Schumer realizes we are serious,” Sen. John Cornyn, a Texas Republican, told reporters. She added she too would vote against advancing the supplemental package if “we don’t have substantial changes” to border policy. But Thune complained Monday the White House “hasn’t gotten the sufficient level of seriousness yet” about the border crisis. Murphy warned US allies should “be very worried about what Republicans are doing.”“Listen, I have all sorts of domestic priorities I care about.

Persons: Ukraine –, John Thune, “, It’s, ”, Sen, James Lankford of, Mitch McConnell, Chuck Schumer, Schumer, ” Sen, John Cornyn, ” West Virginia GOP Sen, Shelley Moore Capito, “ I’m, ” Lankford, Iowa Sen, Joni Ernst, Chuck Grassley, ” Grassley, Mike Johnson, Johnson, Joe Biden, Thune, hasn’t, we’re, Democratic Sen, Chris Murphy, Murphy, ” Murphy, CNN’s Sam Fossum Organizations: Republican, ”, Republicans, Texas Republican, ” West, ” West Virginia GOP, GOP, White, Democratic, Ukraine, Democrats Locations: Ukraine, James Lankford of Oklahoma, Washington, Israel, Texas, ”, ” West Virginia, Iowa, Connecticut

N.C. (AP) — North Carolina Black and Latino voters sued in federal court on Monday seeking to strike down congressional districts drawn this fall by Republican state legislators that they argue weaken minority voting power in violation of the U.S. Constitution. Under the iteration of the congressional map that had been drawn by state judges for the 2022 elections, Democrats and Republicans each won seven seats. Meanwhile, the number of minority voters grows in the 12th, which is represented by Rep. Alma Adams of Charlotte. Rep. Jeff Jackson, a Mecklenburg County Democrat, already said he’s running for state attorney general, saying he can’t win reelection under the new congressional map. The latest congressional map “continues North Carolina’s long tradition of enacting redistricting plans that pack and crack minority voters into gerrymandered districts designed to minimize their voting strength," the plaintiffs' lawyers write.

Persons: gerrymanders, Tim Moore, Kathy Manning, Republican mapmakers, Don Davis, Alma Adams, Charlotte, Jeff Jackson, Moore Organizations: —, — North Carolina, Republican, U.S . Constitution, General, Republicans, Capitol, U.S . House, Black Democrats, 6th, GOP, Democratic, Rep, Mecklenburg County Democrat, Supreme Locations: RALEIGH, N.C, — North, U.S ., U.S, Charlotte, District, North, Greensboro, Pitt County, South Carolina, Mecklenburg County

LOS ANGELES (AP) — Prosecutors charged a man Monday with four counts of murder in the fatal shootings of three homeless men in Los Angeles and a suburban resident last month. The Los Angeles resident was then identified as a suspect in the killings of the three homeless men when a firearm found in his car was linked to those shootings, authorities said. The motive for the killings of the homeless victims was not known, Los Angeles Police Chief Michel Moore said during a weekend press conference announcing the arrest. Political Cartoons View All 1277 ImagesJose Bolanos, 37, was found dead with a gunshot wound around 3 a.m. on Nov. 26 in an alley in South Los Angeles, police said. In Orange County, California, a man was charged with killing four homeless men in a series of stabbings from late 2011 to early 2012.

Persons: Jerrid Joseph Powell, Powell, Michel Moore, Jose Bolanos, Mark Diggs, Nicholas Simbolon, “, George Gascón, ”, Itzcoatl Ocampo, Ocampo, cleanser Organizations: ANGELES, — Prosecutors, Los Angeles County, Attorney's, Los, Los Angeles Police, Police, Authorities Locations: Los Angeles, San Dimas, South Los Angeles, Lincoln, Beverly Hills, ”, Angeles County, Las Vegas, Orange County , California

☆ One Supreme Court Case Could Mess Up Chunks of the Tax Code
▼ + stars: | 2023-12-03 | by ( Richard Rubin | Jess Bravin | ) www.wsj.com time to read: 1 min

A sweeping ruling by the Supreme Court could upend many rules affecting partnerships, multinational companies and bond investors. Photo: mandel ngan/Agence France-Presse/Getty ImagesWASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t.

Persons: mandel ngan, Moore Organizations: Agence France, Getty, WASHINGTON Locations: Moore v .

GREEN BAY, Wis. (AP) — Jordan Love showed the Kansas City Chiefs just how much he's learned since the last time he faced them. Kansas City had won its previous four games Swift had attended since beginning her relationship with tight end Travis Kelce. Kansas City still leads the AFC West but fell behind three other teams for the top seed in the conference. Noah Gray had a 2-yard TD catch early in the fourth quarter that got Kansas City within two. Kansas City had a first down just beyond midfield when Nixon picked off Mahomes' pass intended for Skyy Moore with 5:14 left.

Persons: — Jordan Love, Christian Watson, Patrick Mahomes, Love, Aaron Rodgers, I've, ” Love, Mahomes, “ They're, Matt LaFleur, “, They're, LaFleur, Ben Sims, Watson, Taylor Swift, Swift, Travis Kelce, Andy Reid, We’ve, ” Isiah Pacheco, Keisean Nixon, Noah Gray, Nixon, Skyy Moore, Anders Carlson, Jonathan Owens, Rashee Rice, Green Bay’s Corey Ballentine, Rice, Marquez Valdes, LB Drue Tranquill, Bryan Cook, RB Jerick McKinnon, Jaire Alexander, Aaron Jones, Josiah Deguara, ___ Organizations: Kansas City Chiefs, Green Bay Packers, Chiefs, Kansas City, Packers, Green, ” Packers, San Diego Chargers, Super Bowl, AFC, ” Chiefs, Kansas City’s, LB, NEXT Chiefs, Host Buffalo, Sunday, New York Giants Locations: GREEN, Wis, Los Angeles, Travis Kelce . Kansas City, Kansas

☆ Man Suspected of Killing 3 Homeless Men in Los Angeles Is Arrested
▼ + stars: | 2023-12-02 | by ( Anna Betts | More About Anna Betts | ) www.nytimes.com time to read: +1 min

Authorities have identified and arrested a suspect in connection with the killings of three homeless men in Los Angeles this week and tied the suspect to a fourth homicide nearby, officials said on Saturday afternoon. The suspect, identified as Jerrid Joseph Powell, 33, a resident of Los Angeles, was already in custody after being arrested on Thursday morning in connection with the killing of a father of two in San Dimas, Calif., in a robbery on Tuesday after the suspect followed the victim home, officials said. The three homeless victims — all men who were in alleys or open areas by themselves — were shot and killed in the early morning hours on Sunday, Monday and Wednesday, authorities had said. The third victim has not been identified as his next of kin has not yet been notified. Michel Moore, the Los Angeles police chief, said that authorities had identified a vehicle they believe was used in all four homicides and tied it to Mr. Powell, who was already in custody in connection with the San Dimas killing of Nicholas Simbolon, 42.

Persons: Jerrid Joseph Powell, —, Jose Bolanos, Mark Diggs, Michel Moore, Powell, San Dimas, Nicholas Simbolon Organizations: Calif, Authorities, Los Angeles police Locations: Los Angeles, San Dimas

☆ What to know about the controversial real-life relationship between Mary Kay Letourneau and Vili Fualaau that loosely inspired 'May December'
▼ + stars: | 2023-12-02 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Aspects of the story are similar to the real-life scandal involving Mary Kay Letourneau and Vili Fualaau. AdvertisementTodd Haynes' latest film "May December" is now streaming on Netflix, and its similarities to the real-life sexual abuse scandal between Mary Kay Letourneau and Vili Fualaau are evident. AdvertisementIn the years since the scandal, Letourneau had insisted that she was unaware that her and Fualaau's relationship was illegal. In a TV special that aired on A&E in 2018 titled "Mary Kay Letourneau: Autobiography," she said that there was "nothing going on at all when he was a student of mine." Mary Kay Letourneau in February 1998.

Persons: Mary Kay Letourneau, Letourneau, —, Todd Haynes, Elizabeth Berry, Natalie Portman, Gracie Atherton, Yoo, Julianne Moore, Joe Atherton, Charles Melton, Gracie, Elizabeth pries, Fualaau, Joe Yoo, Joe, Mary, Charlie, It's, Ron Wurzer, Steve Letourneau, Audrey, Alan Berner, Vili Fualaau, Haynes, Samy Burch's, Burch Organizations: Service, Netflix, Fualaau, Columbia, Daily, New York Film, Business Locations: Savannah , Georgia, Letourneau, Georgia, Washington, Ocotber, Woodinville , Washington

LOS ANGELES (AP) — A Los Angeles man who was already arrested in another shooting investigation has been identified as the suspect in three recent killings of homeless men, police said Saturday. Los Angeles Police Chief Michel Moore said 33-year-old Jerrid Joseph Powell was identified as the suspect in the three killings after authorities determined a firearm found in the vehicle he was driving when he was arrested earlier was linked to the shootings. Powell was arrested this week by Los Angeles sheriff's deputies for investigation of the shooting death and robbery of a 42-year-old man after he returned to his home. Jose Bolanos, 37, was found dead with a gunshot wound around 3 a.m. on Nov. 26 in an alley in South Los Angeles, police said. It was not immediately possible to identify an attorney for Powell, who is due to appear in court Monday.

Persons: Michel Moore, Joseph Powell, Powell, Jose Bolanos, Mark Diggs, “, ” Moore Organizations: ANGELES, Los Angeles Police, Police Locations: Los Angeles, South Los Angeles, Lincoln, Beverly Hills

☆ Behind the Scenes of the Most Spectacular Show On TV
▼ + stars: | 2023-12-02 | by ( Jody Rosen | ) www.nytimes.com time to read: +4 min

On the possession that followed the Lions’ touchdown, the Chiefs stalled, punting with 5:07 left. And then drama turned to farce, as Mahomes’s receivers let him down and penalties pushed the Chiefs backward. Mahomes took the snap, rolled left and launched a throw that arced across the line to gain, reaching the fingertips of the receiver Skyy Moore, who couldn’t clasp it. On the air, Tirico said: “The Detroit Lions are right there.” In the truck, Hyland’s pronouncement was less circumspect. One measure of the success of “Sunday Night Football” is how “Sunday Night Football”-ish the competing broadcasts are looking.

Persons: ” Collinsworth, Campbell, Tirico, “, Jawaan Taylor, Skycam, Hyland, Esocoff, ”, Mahomes, Skyy Moore, Chiefs weren’t, Gaudelli, “ There’s, Tom Brady, Peyton, Eli, refigures Organizations: Lions, Chiefs, “, NBC, doleful Chiefs, Detroit Lions, CBS, Fox, Fox Sports, bros, NFL Locations: Detroit

☆ The Thrilla in Alpharetta
▼ + stars: | 2023-12-01 | by ( Stephen Moore | ) www.wsj.com time to read: +1 min

Journal Editorial Report: Despite denials, the California governor is acting like a candidate. Images: AP/Composite: Mark KellyIt won’t be Ali-Frazier, but Thursday’s debate between Govs. More important, the face-off in Alpharetta, Ga., will show two different models for America’s economic future. It has forced union rules, a minimum wage that can reach $20 an hour, highly restrictive land-use rules and strict regulations on climate and labor. California is a generous welfare state—paying out twice as much per person as Florida—with a politically dominant teachers union.

Persons: Mark Kelly, Frazier, Gavin Newsom, Ron DeSantis Locations: California, Govs, Alpharetta, Florida

A federal appeals court has paused enforcement of a federal government regulation that allows abortion providers to receive federal family planning money — but only in Ohio, where state health officials said the policy took money away from them. Since 1981, federal policy has changed several times regarding whether programs receiving family planning funds can provide abortions or refer patients to such services. Circuit Court of Appeals overruled that in a decision Thursday — but only as it applies to how the federal government distributes the grants in Ohio. And when that happened, the award to the state's health department decreased by $1.8 million. But a court blocked enforcement, and voters last month adopted an amendment to the state constitution enshrining the right to abortion.

Persons: Joe Biden, Biden, — Joan Larsen, Amul Thapar, Donald Trump —, Dave Yost, Karen Nelson Moore, Bill Clinton, Roe, Wade Organizations: Circuit, Republican, Ohio, Democratic, U.S, Supreme Locations: Ohio, U.S, Cincinnati

☆ Most critics agree: 'May December' successfully swings between camp and drama, offering a searing look at a deeply unsettling relationship
▼ + stars: | 2023-12-01 | by ( Olivia Singh | ) www.businessinsider.com time to read: +2 min

"May December" is playing in select theaters and will be available to stream on Netflix on Friday. "May December" currently has a 92% critics score on Rotten Tomatoes. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The movie is a certified hit with a critics score of 92% and an audience score of 93% on the review-aggregation site Rotten Tomatoes at the time of this article's publication. "May December" is currently playing in select theaters and will be released on Netflix on Friday.

Persons: Natalie Portman, —, Todd Haynes, Julianne Moore, Gracie Atherton, Yoo, Joe Yoo Charles Melton, Joe Yoo, Mary Kay Letourneau, Vili Fualaau, Gracie, Joe, Elizabeth Berry, Elizabeth, Melton Organizations: Netflix, Rotten, Service, Gotham Locations: Savannah , Georgia

☆ Nancy Mace flip-flops on George Santos, decrying vote to expel him despite being among the first lawmakers to call for his resignation
▼ + stars: | 2023-12-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Rep. Nancy Mace criticized the expulsion of George Santos, saying it's about "power." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn January, Republican Rep. Nancy Mace of South Carolina made a big show of calling for Rep. George Santos to resign. "I'm not gonna have anything to do with somebody that can't be trusted, and clearly defrauded the voters of New York," Mace told Business Insider in January. — Rep. Nancy Mace (@RepNancyMace) December 1, 2023Over the course of her nearly three years in Congress, Mace has definitely a reputation for flip-flopping.

Persons: Nancy Mace, George Santos, —, Mace, Donald Trump, she's, Michael B, Moore Organizations: South, Service, Republican, Rep, New York Republican, —, Capitol, Democrat Locations: South Carolina, New York, NY

With a cash haul from elite party donors expected to reach into the millions, the Los Angeles event could help ease concerns among Democrats about Biden's reelection chances. As of the last fundraising reporting deadline at the end of September, Biden and his party reported $91 million cash on hand. During the 2020 Democratic primary campaign, Smith and Costos hosted Biden's first major fundraiser in the area, during a Los Angeles swing that raised over $1 million. At the time, Katzenberg was involved in planning events for another Democratic candidate, Pete Buttigieg, who is now Biden's transportation secretary. Katzenberg's former business partners at DreamWorks, Geffen and Spielberg, will be at the Smith and Costos event.

Persons: Joe Biden, Michael Smith, James Costos, Barack Obama's, Rocker Lenny Kravitz, Steven Spielberg, Kate Capshaw, “ Indiana Jones, David Geffen, Shonda Rhimes, Rob Reiner, Nancy Pelosi, Barbra Streisand, ” Smith, Biden, Republican Donald Trump, Wes Moore, Josh Shapiro, Dean Phillips, Biden's electability, Jeffrey Katzenberg, —, Katzenberg, Bill Clinton, Smith, Costos, Pete Buttigieg, Buttigieg, Spielberg Organizations: WASHINGTON, Democratic Party, HBO, The Associated Press, Former, Democratic, Republican, Gov, Minnesota, Democratic National Committee, Dreamworks Pictures, DreamWorks, Geffen Locations: Los Angeles, Spain, “, Washington , Boston , Maryland, Philadelphia, California

☆ Los Angeles homeless killings: Suspect accused of fatally shooting 3 unhoused people as they slept; police ask for help
▼ + stars: | 2023-12-01 | by ( Cheri Mossburg | Emma Tucker | ) edition.cnn.com time to read: +3 min

CNN —Officials in Los Angeles are asking for the public’s help to find a suspect believed to be targeting the homeless community after three unhoused people were fatally shot in their sleep this week. The killings happened in various locations in the city, including one near Skid Row, an area of downtown Los Angeles known for its large homeless population. The Los Angeles Police Department shared a map of the three locations where three unhoused men were recently killed. “Seek shelter, seek services, stay together, seek support.”Bass called the news “devastating” to the city, which is home to one of the largest unhoused populations in the country. The Los Angeles Police Department has summoned a task force to work on the case.

Persons: Michel Moore, Moore, “, ”, Los Angeles Mayor Karen Bass, ” Bass, George Gascón, ” Moore Organizations: CNN, Los Angeles Police, Los Angeles Police Department, Police, Los Angeles Mayor Locations: Los Angeles, Los Angeles County

☆ ‘May December’ Review: She’ll Be Your Mirror
▼ + stars: | 2023-11-30 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

Even the evening has an inviting velvetiness, as if all of life’s shadows have been banished. They meet when a TV actress, Elizabeth (Natalie Portman), visits Gracie (Julianne Moore), the inspiration for her next role. Gracie lives in a large waterfront house in Savannah with her husband, Joe (Charles Melton), their teenage twins and two Irish setters. Of course I was: Haynes is having fun, at least for a while, partly to play with our expectations about where the movie is headed. That partly explains why he’s drawn to the woman’s film, with its focus on ordinary life, its domestic spaces, moral quandaries, political dimensions and tears.

Persons: Todd Haynes’s, “, ”, Haynes, Elizabeth, Natalie Portman, Gracie, Julianne Moore, Joe, Charles Melton, He’s, he’s, Molly Haskell Locations: Savannah

☆ As global rates turn, banks in India and Indonesia set to win
▼ + stars: | 2023-11-29 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

Loan growth at Asian banks is estimated to rise from 4.5% this year to 10% next year, LSEG data shows, with banks in India and Indonesia leading with 15% and 11% growth, respectively. Ng likes banks in India and Indonesia, given the better economic growth in those economies and ability of banks to sustain margins. LSEG data shows profits at banks in India and Indonesia will grow 13% and 11% respectively next year, nearly double the 6% average rise across Asia-Pacific banks. That compares to price-to-book ratio for MSCI's index for all-country Asian banks (.dMIAS0CB00PUS) of 0.9. Banks in Australia are estimated to see a drop of 5% in profit in 2024 while profits at Singapore banks will be flat.

Persons: Frederic Neumann, Neumann, Morgan, Yao Ng, abrdn, Ng, Vinay Agarwal, Agarwal, Morgan Stanley, Ankur Banerjee, Gaurav Dogra, Patturaja, Vidya Ranganathan, Simon Cameron, Moore Organizations: U.S . Federal, Fed, HSBC, ICICI, Kotak Mahindra Bank, Axis Bank, FSSA Investment Management, Indonesia's Bank Central Asia, BCA, Reuters, Thomson Locations: SINGAPORE, India, Indonesia, Thailand, Asia, Japan, J.P, Pacific, Singapore, Hong Kong, South Korea, Banks, Australia, China, Bengaluru

☆ Japan's Nomura to cut risk assets, costs for wholesale business
▼ + stars: | 2023-11-29 | by ( Makiko Yamazaki | ) www.reuters.com time to read: +2 min

The logo of Nomura Securities is seen at the company's Head Office in Tokyo, Japan, November 28, 2016. The fixed income trading business is expected to improve as the outlook for global interest rates becomes clearer, but "we won't just wait for a market recovery," he added. A bright spot for Nomura is the domestic business, as the Japanese stock market is trading at highest levels in three decades. Nomura's Japan business revenue for the April-September first half of the current fiscal year grew 31% from the same period a year before. The Japan market recovery "is providing the greatest business chance for us with the strong Japanese franchise and global investor base," he said.

Persons: Toru Hanai, Kentaro, Kentaro Okuda, Okuda, Nomura, Makiko Yamazaki, Simon Cameron, Moore, Kim Coghill Organizations: Nomura Securities, REUTERS, Rights, Nomura Holdings, Nomura, Thomson Locations: Tokyo, Japan

The New Zealand dollar was last up 1.1% at a four-month high of $0.6207, having blown past resistance. The U.S. dollar, meanwhile, slid to fresh multi-month lows on the euro, yen, sterling, the Australian dollar, yuan and Swiss franc. Overnight Fed Governor Christopher Waller - an influential and previously hawkish voice at the U.S. central bank - told the American Enterprise Institute that rate cuts could begin in a matter of months, provided inflation keeps falling. Fed funds futures rallied on the remark to price more than hundred basis points of cuts in 2024 and 40% chance they begin as soon as March. Two-year Treasury yields fell sharply and along with the dollar fell further still in Asia.

Persons: Christopher Waller, Governor Waller's, Tapas Strickland, Jerome Powell, Waller, CONDITIONALITY Waller's, Seng, Vishnu Varathan, Simon Cameron, Moore Organizations: New Zealand, Nikkei, U.S ., Swiss, U.S, American Enterprise Institute, Governor, National Australia Bank, Fed, HK, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, Hong Kong, Sydney, China, Meituan, Zealand, Singapore

After attempting to scroll back through, he completed his speech before returning to read from his phone. “The beginning of my speech was edited, cut out,” De Niro said. Lily Gladstone, who stars in the film opposite Leonardo DiCaprio, won for best lead performance — though not for that performance. Your lives will be better for it.”The Gotham Awards, now in their 33rd year, leapfrog most of the major ceremonies that lead up to the Academy Awards. The year before that, Gotham winner “The Lost Daughter” faded on the campaign trail, but 2020-winner “Nomadland” went the distance to the Academy Awards.

Persons: Celine, ”, Robert De Niro, Greta Lee, John Magaro, Teo Yoo, —, De Niro, Martin Scorsese's, ” De Niro, “, Niro, Donald Trump, Hollywood —, John Wayne —, Pocahontas, Apple didn't, Scorsese, Lily Gladstone, Leonardo DiCaprio, Gladstone, — Gladstone, leapfrog, they’ve, Justine Triet's Palme, Andrew Haigh’s, Andrew Scott, Paul Mescal, Barbie ”, “ Oppenheimer, ” Greta Gerwig, Margot Robbie, “ Barbie ”, Gerwig, Noah Baumbach, Charles Melton, Todd Haynes, Julianne Moore, Rockwell, Teyana Taylor, Kaouther Ben Hania’s, Steven Yeun, Ali Wong, Steven, Wong, Bradley Cooper, “ Maestro ”, Ben Affleck, George C, Wolfe, “ Rustin ”, Michael Mann, “ Ferrari, Affleck, Alex Convery, Huy, “ Nomadland ” Organizations: Gotham, Sundance Film, Apple, “ Invest, Academy, Gotham Film & Media Institute, Cipriani Wall, Actors Guild, Netflix, “ Locations: Seoul, South Korea, East, “, Kaouther Ben Hania’s Tunisian

☆ Alibaba Cloud suffers second service outage in a month
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

3D printed clouds and figurines are seen in front of the Alibaba Cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/File Photo Acquire Licensing RightsBEIJING, Nov 28 (Reuters) - Alibaba's (9988.HK) cloud service said it suffered a near two-hour long disruption affecting customers in mainland China, Hong Kong and the United States on Monday, its second outage within a month. The impact was mainly felt by several of Alibaba Cloud's database management products, including PostgreSQL, Redis and MySQL editions. "From 09:16 Beijing time (0116 GMT) on November 27, 2023, Alibaba Cloud monitoring detected abnormalities in console and OpenAPI access for database products," Alibaba Cloud said in a statement posted on its websites on Tuesday. "This is hugely damaging to Alibaba Cloud's brand image as a reliable cloud service provider."

Persons: Dado, Alibaba, Feng Ruohang, Yelin Mo, Brenda Goh, Simon Cameron, Moore Organizations: REUTERS, Rights, Huawei, China Telecom, HK, IDC, Thomson Locations: Rights BEIJING, HK, China, Hong Kong, United States, Beijing, Shanghai, Virginia, U.S, East Asia, Southeast Asia, East, North America

☆ BoE leads central bank chorus on need for restrictive policy
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

Deputy Governor for Markets and Banking of the Bank of England Dave Ramsden attends a press conference concerning interest rates, at the Bank of England, in London, Britain, November 2, 2023. Speaking at a central bank conference in Hong Kong, Bank of England (BoE) Deputy Governor Dave Ramsden also said he saw no financial stability grounds to lower interest rates, which are currently up at 5.25%. “We think that monetary policy is likely to need to be restrictive for an extended period of time," he said. Even with all that tightening, Ramsden said inflation was not expected to return to 2% until the end of 2025. Markets have started to position for the first rate cut, with a move seen as soon as April or June.

Persons: Bank of England Dave Ramsden, HENRY NICHOLLS, BoE, Dave Ramsden, Ramsden, Michele Bullock, Bullock, Pablo Hernández de Cos, Cos, Wayne Cole, Selena Li, Xie Yu, Jamie Freed, Simon Cameron, Moore Organizations: Markets, Banking, Bank of England, Reserve Bank of Australia, Bank of Spain, European Central Bank, ECB, Thomson Locations: London, Britain, HONG KONG, Australia, Spain, Hong Kong

☆ Argentina's Milei to meet Biden aide after lunch with Bill Clinton
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Nov 27 (Reuters) - Argentina's President-elect Javier Milei will meet with a top security aide to U.S. President Joe Biden in Washington, the White House confirmed on Monday, after the far-right libertarian lunched with former U.S. President Bill Clinton in New York. Upon arriving in the United States, Milei first visited the tomb of a well-known orthodox Jewish rabbi before having lunch with Clinton, according to a statement from the president-elect's office. On Tuesday, Milei will meet with U.S. National Security Adviser Jake Sullivan, while his economic advisers are scheduled to meet with senior U.S. finance officials to discuss the president-elect's economic priorities. Argentina is the IMF's largest debtor nation as it struggles to tame inflation approaching 150%. Milei will take office on Dec. 10 at a time when over two-fifths of Argentina's population is in poverty and a recession looms for South America's second-largest economy.

Persons: Javier Milei, Joe Biden, Bill Clinton, Milei, Luis Caputo, Karina Milei, Clinton, Jake Sullivan, Donald Trump, Jarrett Renshaw, David Lawder, Jorge Otoala, Brendan O'Boyle, David Alire Garcia, Simon Cameron, Moore Organizations: White House, U.S, Democrat, Argentine, U.S . National, International Monetary Fund, Reuters, Thomson Locations: Washington, New York, Milei, New Jersey, United States, Argentina, Buenos Aires

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