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REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsNov 27 (Reuters) - Former Binance chief Changpeng Zhao must stay in the United States for the time being, a federal judge said on Monday, after the founder of the world's largest cryptocurrency exchange pleaded guilty to violating U.S. anti-money laundering laws. U.S. District Judge Richard Jones in Seattle said he would review whether Zhao should have to stay in the United States after the U.S. government appealed a decision by another judge allowing Zhao to return to the UAE before his Feb. 23 sentencing hearing. Last week, Zhao conceded: "I made mistakes, and I must take responsibility." The government had said it may be unable to secure Zhao's return to the United States given it has no extradition treaty with the UAE. Lawyers for Zhao disputed that he was a potential flight risk, noting that he paid a "substantial" bail package and voluntarily came to the United States to accept responsibility for his actions.

Persons: Zhao Changpeng, Binance, Benoit Tessier, Changpeng Zhao, Zhao, Richard Jones, Chris Prentice, Hannah Lang, Michelle Price, Bill Berkrot Organizations: Viva Technology, Porte de, REUTERS, United Arab, District, U.S, UAE, Binance Holdings, Justice, Lawyers, Thomson Locations: Porte, Paris, France, United States, Seattle, United Arab Emirates, Canada, Binance, New York, Washington

REUTERS/George Fre/File Photo Acquire Licensing RightsNov 27 (Reuters) - Overweight or obese adults lost more weight and shed pounds faster using Eli Lilly's (LLY.N) Mounjaro than those taking Novo Nordisk's (NOVOb.CO) popular rival weight loss drug, according to an analysis of health records and other data. After 3 months of treatment, patients on Mounjaro had lost an average of 2.3% more body weight than those taking Ozempic, the study also found. By 6 months, the difference had widened to 4.3%, and by 12 months, the Mounjaro group had lost an average of 7.2% more weight. An Eli Lilly spokesperson said the company does not promote or encourage the off-label use of any of its medicines, although its drug is now approved for weight loss. A trial is underway comparing the weight loss formulations of the two injected medicines in patients overweight or obese but without type 2 diabetes.

Persons: Lilly, George Fre, Eli Lilly's, Mounjaro, Eli Lilly, Nancy Lapid, Bill Berkrot Organizations: Novo Nordisk, Pharmacy, REUTERS, Novo, Thomson Locations: Provo , Utah, U.S

☆ Suspect in shooting of Palestinian American students pleads not guilty in Vermont
▼ + stars: | 2023-11-27 | by ( Rich Mckay | ) www.reuters.com time to read: +4 min

Nov 27 (Reuters) - The suspect in the shooting of three college students of Palestinian descent in Vermont over the weekend pleaded not guilty to three counts of attempted second-degree murder on Monday and was ordered by a judge to be held without bond. Police say Eaton used a pistol to shoot them on the street near the University of Vermont in Burlington on Saturday evening and then ran away. Police said the suspect had legally acquired the gun used in the shooting a few months ago. [1/5]Jason J. Eaton, 48, a suspect who was arrested in the shooting of three college students of Palestinian descent, poses for a police booking photograph in Burlington, Vermont, U.S. November 27, 2023. Two of the students were visiting the home of the third student's family in Burlington for the Thanksgiving holiday.

Persons: Jason J, Eaton, Sarah Fair George, General Merrick Garland, Garland, Joe Biden, Karine Jean, Pierre, Hisham Awartani, Kinnan Abdel Hamid, Tahseen Ahmed, Rich McKay, Susan Heavy, Luc Cohen, Steve Holland, Doina Chiacu, Katharine Jackson, Frank McGurty, Bill Berkrot Organizations: Police, University of Vermont, Palestinian, Hamas, Burlington Police Department, Handout, REUTERS Acquire, Institute for Middle, U.S . Department of Justice, of, Brown University, Haverford College, Trinity College in, Ramallah Friends School, West Bank, Thomson Locations: Vermont, Chittenden, Burlington, East, Chittenden County, United States, Israel, Burlington , Vermont, U.S, of New York, America, Rhode Island, Pennsylvania, Trinity College in Connecticut, Ramallah, Atlanta

Nov 27 (Reuters) - The man accused of shooting and wounding three college students of Palestinian descent in Burlington, Vermont, over the weekend pleaded not guilty to attempted murder charges on Monday and was ordered by a judge to remain held without bond. All three men are undergraduate students at colleges in other cities but were staying with Awartani and his relatives in Burlington for the Thanksgiving holiday. [1/8]Jason J. Eaton, 48, a suspect who was arrested in the shooting of three college students of Palestinian descent, poses for a police booking photograph in Burlington, Vermont, U.S. November 27, 2023. Police said the suspect had legally acquired the gun used in the shooting a few months ago. Police said all three are of Palestinian descent - two of them U.S. citizens and the third a legal U.S. resident.

Persons: Jason J, Eaton, Hisham Awartani, Tahseen, Kinnan, Awartani, Easton, Investigators, I'VE, I've, Sarah Fair George, Jon Murad, General Merrick Garland, Garland, Joe Biden, Karine Jean, Pierre, Aliahmad, Rich McKay, Susan Heavey, Luc Cohen, Steve Holland, Doina Chiacu, Katharine Jackson, Steve Gorman, Frank McGurty, Bill Berkrot, Matthew Lewis Organizations: Police, University of Vermont, FBI, U.S . Bureau, Alcohol, Tobacco, Firearms, Explosives, Burlington Police Department, Handout, REUTERS Acquire, Palestinian, Hamas, Burlington Police, U.S . Department of Justice, of, Brown University, Haverford College, Trinity College in, Ramallah Friends School, West Bank, Thomson Locations: Burlington , Vermont, Chittenden County, Burlington, Vermont's, U.S, United States, Israel, of New York, America, Rhode Island, Pennsylvania, Trinity College in Connecticut, Ramallah, Atlanta, Los Angeles

☆ Sean 'Diddy' Combs accused of 1991 sexual assault in second suit
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +2 min

Metropolitan Museum of Art Costume Institute Gala - Rei Kawakubo/Comme des Garcons: Art of the In-Between - Arrivals - New York City, U.S. - 01/05/17 - Sean "Diddy" Combs. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsNov 23 (Reuters) - Sean "Diddy" Combs has been accused of drugging and sexually assaulting a university student in 1991 in a lawsuit filed in a New York court on Thursday, the second suit of its kind filed against the hip hop mogul in the past week. The lawsuit alleges Combs intentionally drugged and sexually assaulted Joi Dickerson-Neal, who was a Syracuse University student visiting New York City at the time of the alleged incident in January 1991. Combs is also accused of videotaping the alleged crime and distributing the tape to others in the music industry. A spokesperson for Combs said Dickerson-Neal's story is "made up and not credible," and that the rapper never assaulted her.

Persons: Rei Kawakubo, Sean, Diddy, Combs, Lucas Jackson, drugging, Joi Dickerson, Neal, videotaping, Dickerson, Cassandra Ventura, Sean John, Ismail Shakil, Bill Berkrot Organizations: Metropolitan Museum of Art, REUTERS, New York, Syracuse University, New, Bad Boy Records, Thomson Locations: York City, U.S, New York, New, New York City, Ottawa

☆ Toronto police say hate crimes spiked since start of Gaza conflict
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Alex Filip/File Photo Acquire Licensing RightsOTTAWA, Nov 23 (Reuters) - The number of antisemitic and anti-Muslim hate crimes in Toronto, Canada's largest city, has spiked significantly since the start of the Gaza conflict between Israel and Hamas on Oct. 7, authorities said on Friday. Police chief Myron Demkiw said 78 hate crimes had been reported between Oct. 7 and Nov. 20, compared to 37 in the same time frame in 2022. Since the Oct. 7 Hamas raid into southern Israel and subsequent Israeli retaliation, 25 people have been arrested and 64 charges laid in relation to reported hate incidents. "(Hate crimes) can traumatize not just victims, but all members of the targeted community and beyond," said Demkiw. Toronto has temporarily boosted the size of its hate crime unit to 29 from the usual six.

Persons: Alex Filip, Myron Demkiw, Demkiw, David Ljunggren, Bill Berkrot Organizations: Muslim Association of Canada, REUTERS, Rights OTTAWA, . Police, Thomson Locations: London , Ontario, Toronto , Ontario, Canada, Toronto, Canada's, Gaza, Israel

☆ New Ecuador president Noboa pledges reforms to reduce violence, create jobs
▼ + stars: | 2023-11-23 | by ( Alexandra Valencia | ) www.reuters.com time to read: +4 min

[1/2] Ecuador's President Daniel Noboa signs first decrees to appoint ministers, at the Presidential Palace (Palacio de Carondelet) on the day of his swearing-in ceremony, in Quito, Ecuador November 23, 2023. REUTERS/Karen Toro Acquire Licensing RightsQUITO, Nov 23 (Reuters) - Business heir and former legislator Daniel Noboa was sworn in as Ecuador's new president on Thursday, pledging to reduce violence and create jobs via urgent legislative reforms. Noboa will serve as president for just 17 months, finishing predecessor Guillermo Lasso's term after Lasso brought forward elections to avoid likely impeachment. DEBT AND SECURITYThough most of Noboa's cabinet was sworn in later on Thursday, the young president did not appoint a minister of economy and finance, leaving the position vacant. Noboa is the son of Alvaro Noboa, a powerful banana baron billionaire who repeatedly failed to win Ecuador's presidency.

Persons: Daniel Noboa, Karen Toro, Fernando Villavicencio, Noboa, Guillermo Lasso's, Lasso, Sariha Moya, Rafael Correa, Alvaro Noboa, Lavinia Valbonesi, Alexandra Valencia, Julia Symmes Cobb, Oliver Griffin, Marguerita Choy, Bill Berkrot Organizations: Carondelet, REUTERS, Rights, National Assembly, El, Social Christian Party, Citizens, Ecuador's, Thomson Locations: Quito, Ecuador, Rights QUITO, American, Noboa, Europe

☆ Haiti Human Rights Group Suspends Operations After Threats
▼ + stars: | 2023-11-23 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - Haiti's Center for Human Rights Analysis and Research (CARDH) is provisionally suspending its work due to imminent danger to its staff, its executive director said on Thursday, as gang wars escalate in parts of the capital Port-au-Prince. The United States and Canada have sanctioned several politicians and businessmen accused of helping finance gangs. CARDH has published reports on the living conditions of people displaced by the gang wars, suspected gang members being lynched by vigilante "Bwa Kale" groups, killings of police officers and assessments of foreign sanctions. It has also quantified the rise of what it calls a kidnapping "industry" under which gangs use extreme violence and torture to extract ransoms from families. (Reporting by Sarah Morland in Mexico City and Harold Isaac in Port-au-Prince; Editing by Bill Berkrot)

Persons: Prince, Gedeon Jean, Jean, CARDH, Sarah Morland, Harold Isaac, Bill Berkrot Organizations: Reuters, Haiti's, for Human, Cite Soleil, United Nations, West Department Locations: Haiti, United States, Canada, Artibonite, Mexico City, Port

Zhao Changpeng, founder and chief executive officer of Binance greets the audience during an event in Athens, Greece, November 25, 2022. "Today, I stepped down as CEO of Binance," Zhao tweeted. Binance became the world's biggest crypto exchange within six months. As Binance hired more widely from traditional financial and regulatory worlds, Zhao's tight control over his company was undiminished. Richard Teng, a senior Binance executive who joined in 2021, is the new CEO, Zhao posted on social media on Tuesday.

Persons: Zhao Changpeng, Binance, Costas Baltas, Changpeng Zhao, Zhao, Prosecutors, Tuesday's, General Merrick Garland, Yi, Richard Teng, Teng, Tom Wilson, Lisa Shumaker, Bill Berkrot Organizations: REUTERS, Justice Department, Binance, New York Times, U.S, Reuters, Futures Trading Commission, Thomson Locations: Athens, Greece, Binance, Binance ., Shanghai, China, Canada, Tokyo, New York, London

☆ Costa Rica makes first-ever fentanyl gang arrests
▼ + stars: | 2023-11-21 | by ( Alvaro Murillo | ) www.reuters.com time to read: +2 min

Four suspects were taken into custody, two Costa Ricans and two Colombians, along with 1,100 fentanyl pills in an operation backed by the U.S. Drug Enforcement Administration that included raids in three towns in central Costa Rica, Security Minister Mario Zamora said at a press conference. The arrests "raises alarms because it confirms the presence of fentanyl" in Costa Rica, said Zamora. As of last month, Costa Rican authorities had been carrying out 10 fentanyl investigations since last year, according to government data. Violent crime in Costa Rica has surged this year with homicides at a record, and the growth blamed on gang turf battles over the country's role as a major transit point for the illicit trade. The fentanyl arrests come as around 70% of Costa Ricans disapprove of President Rodrigo Chaves' crime fighting record, according to a recent poll.

Persons: Mario Zamora, Zamora, Rodrigo Chaves, Alvaro Murillo, David Alire Garcia, Bill Berkrot Organizations: JOSE, Costa Ricans, U.S . Drug Enforcement Administration, Thomson Locations: Costa Rican, United States, Costa Rica, Honduras, Costa Ricans

☆ US seeks more than $4 billion from Binance to end criminal case -Bloomberg News
▼ + stars: | 2023-11-20 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +3 min

A smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Negotiations between the Justice Department and Binance include the possibility that the cryptocurrency exchange's founder, Changpeng Zhao, would face criminal charges in the United States, the report said. The Bloomberg report said an announcement on the resolution could come as soon as the end of this month. A spokesperson for the Justice Department declined to comment. The DOJ probe is one of a string of legal and regulatory headaches the world's biggest crypto exchange faces in the United States.

Persons: Dado Ruvic, Changpeng Zhao, Sam Bankman, Binance, Zhao, Niket, Tom Wilson, Chris Prentice, Arun Koyyur, Maju Samuel, Bill Berkrot Organizations: REUTERS, U.S . Justice Department, Binance Holdings, Bloomberg, Justice Department, Binance, Reuters, DOJ, Securities and Exchange Commission, SEC, Futures Trading Commission, Thomson Locations: United States, Bengaluru, London, New York

☆ Biden turns 81 as worries about his age weigh on re-election prospects
▼ + stars: | 2023-11-20 | by ( Steve Holland | ) www.reuters.com time to read: +1 min

U.S. President Joe Biden disembarks from Marine One at Delaware Air National Guard Base en route to Wilmington, in New Castle, Delaware, U.S., November 17, 2023. "I know I'm 198 years old," Biden joked back in June. If re-elected, Biden would be 86 by the end of his second term in office. Republican Ronald Reagan, who had the prior record as oldest U.S. president, ended his second four-year term at age 77 in 1989. Seventy-seven percent of respondents, including 65% of Democrats, said Biden is too old to be president, while just 39% said Biden was mentally sharp enough for the presidency.

Persons: Joe Biden disembarks, Julia Nikhinson, Joe Biden, Biden, Republican Ronald Reagan, Trump, Steve Holland, Bill Berkrot Organizations: Delaware Air National Guard Base, REUTERS, Rights, White, Republican, Trump, Reuters, Thomson Locations: Marine, Wilmington, New Castle , Delaware, U.S

☆ Bosnian, Palestinian Gaza evacuees arrive in Bosnia
▼ + stars: | 2023-11-20 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +2 min

[1/2] Palestinians holding Bosnian citizenship and their relatives arrive at Sarajevo after having been evacuated to Egypt from Gaza, in Bosnia and Herzegovina, November 20, 2023. Another group of 11 Gaza evacuees was set to arrive later on Monday, Foreign Minister Elmedin Konakovic told reporters. "I have been in the Gaza Strip for 40 days of war," said Khaled Mosleh, a Palestinian with Bosnian residence who went to Gaza to visit a sick mother and got stuck there. Mosleh graduated from the Sarajevo medical school and lives in Bosnia with a Bosnian wife and five children. While happy to reunite with his Bosnian family, Mosleh said his heart was bleeding for his Gaza family.

Persons: Daria Sucic Sito, Elmedin Konakovic, Khaled Mosleh, Mosleh, Halid, Imad Sehada, Sumeja, Daria Sito, Bill Berkrot Organizations: Bosnian, REUTERS, Rights, Reuters, Thomson Locations: Sarajevo, Egypt, Gaza, Bosnia, Herzegovina, Rights SARAJEVO, Bosnian, Rafah

☆ US Coast Guard seeks source of some 1.1 million gallons of crude oil in Gulf of Mexico
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Jonathan Bachman/File Photo Acquire Licensing RightsNov 20 (Reuters) - The U.S. Coast Guard on Monday said it was still looking for the source of a leak from an underwater pipeline off the Louisiana coast in the Gulf of Mexico that it estimated had released more than a million gallons of crude oil. "Overflight teams observed visible oil Friday moving southwest away from the Louisiana shore," the Coast Guard said, as oil recovery efforts continued and underwater devices surveyed the pipeline to find the leak's source. While the exact volume of discharged oil was not known, the Coast Guard, which was leading the clean-up, said initial engineering calculations placed the volume of the leak at 1.1 million gallons, or 26,190 barrels. The U.S. Environmental Protection Agency said on Friday that the Coast Guard had activated the National Response Team, comprising 15 federal entities responsible for coordinating the response to oil pollution incidents. Third Coast Infrastructure, which owns MPOG, declined to comment on Friday and referred questions to the Coast Guard.

Persons: Jonathan Bachman, Elizabeth Varghese, Bill Berkrot Organizations: REUTERS, U.S . Coast Guard, Coast Guard, Environmental Protection Agency, Coast Infrastructure, Thomson Locations: Mississippi, Plaquemines Parish , Louisiana, Louisiana, Gulf of Mexico, Delta, Plaquemines Parish, New Orleans, U.S, Bengaluru

☆ Toyota to pay $60 mln for lending abuses, tarnishing credit reports, US regulator says
▼ + stars: | 2023-11-20 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsCompanies Toyota Motor Corp FollowNov 20 (Reuters) - Toyota (7203.T) will pay $60 million to settle a U.S. regulator's charges it illegally prevented car buyers from canceling unwanted product bundles that increased their monthly loan payments, and tarnished buyers' credit reports. The Consumer Financial Protection Bureau (CFPB) on Monday said Toyota Motor Credit, the automaker's U.S.-based lending arm, will pay a $12 million civil fine and $48 million to car buyers harmed since 2016. Toyota Motor Credit, based in Plano, Texas, provides financing for people who buy vehicles at Toyota dealerships, with nearly 5 million customer accounts as of Oct. 2022. Toyota Motor Credit was also accused of falsely telling credit reporting agencies that borrowers had missed payments, and failing to promptly correct negative information for more than 27,500 borrowers. Under a consent order, and without admitting or denying liability, Toyota Motor Credit agreed to make it easy to cancel unwanted product bundles.

Persons: David, Dee, Delgado, Jonathan Stempel, Chizu Nomiyama, Bill Berkrot Organizations: New York, REUTERS, Rights, Toyota Motor, Toyota, Consumer Financial Protection Bureau, Monday, Motor Credit, Toyota Motor Credit, Thomson Locations: Manhattan , New York City, U.S, Plano , Texas, Monday's, New York

☆ Los Angeles freeway damaged by arson reopens ahead of schedule
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

A view following a fire erupted over the weekend, shutting down a heavily trafficked corridor in Los Angeles, California, U.S., November 13, 2023. REUTERS/Jorge Garcia/File Photo Acquire Licensing RightsNov 20 (Reuters) - A section of a freeway running through downtown Los Angeles that had been heavily damaged by fire earlier this month reopened on Monday, weeks ahead of initial forecasts, city officials said, offering a pleasant surprise for Southern California commuters. Officials said arson was the cause of a Nov. 11 fire that damaged Interstate 10 in Los Angeles, forcing a closure of the busy east-west road in both directions. "Our city is grateful for the 24/7 efforts of construction crews who have worked tirelessly to ensure that the 10 freeway will be safe to drive on by Monday," Los Angeles Mayor Karen Bass posted on X, formerly Twitter, on Sunday evening. Reporting by Gabriella Borter Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Jorge Garcia, Gavin Newsom, Los Angeles Mayor Karen Bass, Gabriella Borter, Bill Berkrot Organizations: REUTERS, California, Los Angeles Mayor, Santa, Thomson Locations: Los Angeles , California, U.S, Los Angeles, Southern California, Santa Monica

☆ Researchers return to Alzheimer's vaccines, buoyed by recent drug success
▼ + stars: | 2023-11-20 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +6 min

The renewed interest in Alzheimer's vaccines follows a promising first attempt more than 20 years ago that was abandoned after 6% of study volunteers developed life-threatening brain inflammation known as meningoencephalitis. Dr. Reisa Sperling, an Alzheimer's researcher at Mass General Brigham in Boston, said she believes vaccines will play an important role as researchers look to prevent Alzheimer's. She is considering vaccines for her next study in asymptomatic people with Alzheimer's proteins in their blood, but not enough to register on brain scans. Alzheimer's vaccines are still in the early stages and will require large, years-long trials to show they work. Generating a strong immune response is critical for such vaccines, which would typically be given to older individuals with weaker immune systems, he said.

Persons: Brian Snyder, Eli Lilly's, Reisa Sperling, Brigham, “, ” Sperling, Walter Koroshetz, Mei Mei Hu, Vaxxinity, Hu, Michael Rafii, Rafii, Andrea Pfiefer, Johnson, Prothena, Gene Kinney, Julie Steenhuysen, Caroline Humer, Bill Berkrot Organizations: Alzheimer Research, Brigham, Women's, REUTERS, Rights, U.S . Food, Drug Administration, Mass, National Institutes of Health, UB, University of Southern, Johnson, Bristol Myers Squibb, Thomson Locations: Boston , Massachusetts, U.S, Boston, Taiwan, University of Southern California

REUTERS/Evelyn Hockstein/Illustration Acquire Licensing RightsWASHINGTON, Nov 20 (Reuters) - The U.S. government on Monday will start taking orders for another round of free COVID-19 tests for delivery across the country, a Department of Health and Human Services (HHS) spokesperson said. Households that had ordered four free tests through COVIDTests.gov when they were offered again in September are eligible to order four more, while those that did not can submit two orders for a total of eight free tests. It resumed offering the tests in December 2022 as cases were surging, and opened another round of orders on Sept. 25 this year. The tests are paid for using COVID-19 supplemental funding from the American Rescue Plan, the HHS spokesperson said. HHS and the Department of Education plan to expand a program that brings tests to schools nationwide over the coming weeks.

Persons: Evelyn Hockstein, Joe Biden's, Biden, Ahmed Aboulenein, Bill Berkrot Organizations: District of Columbia, REUTERS, Rights, U.S, of Health, Human Services, Centers for Disease Control, Prevention, American, HHS, Department of, Thomson

☆ German industrial projects in steel, chips, batteries at risk from court ruling -sources
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

Steel coils are waiting for delivery at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, November 16, 2023. That put numerous projects in key areas for Germany's industrial competitiveness at risk, the sources, who declined to be named, warned. In the steel industry, businesses planned to invest 6 billion euros ($6.54 billion) in decarbonised steel production, directly and indirectly employing around 20,000 people. Investments in microelectronics were bundled into the KTF, totalling 31 projects relying on an estimated 4 billion euros in government funding. Numerous projects along the battery supply chain were submitted as outlines for funding applications, the sources said, with an investment volume of around 20 billion euros.

Persons: Wolfgang Rattay, Markus Wacket, Victoria Waldersee, Bill Berkrot Organizations: REUTERS, Rights, Transformation, Investments, RIC, Infineon, Intel, Thomson Locations: Duisburg, Germany, Dresden, Magdeburg

Nov 20 (Reuters) - Rivian Automotive (RIVN.O) said on Monday that CEO RJ Scaringe would directly oversee all product development effective immediately as the electric-vehicle maker gears up to unveil and launch its smaller and cheaper vehicle family. Chief Product Development Officer Nick Kalayjian would move to the role of executive vice president, vehicle engineering and propulsion before transitioning to an advisory role, the company said. "It's a big year for product for Rivian, so RJ is doubling down on the introduction of our new technologies in 2024 and the design and development of R2," a spokesperson for Rivian told Reuters. The company's product reporting structure will include software, autonomy, design, vehicle, electrical, propulsion and programs categories, Rivian said. "I know that (Scaringe) spending more time working with our product teams will create significant value for all of us and our shareholders," Kalayjian, who joined Rivian in 2020, said in another internal email seen by Reuters.

Persons: RJ Scaringe, Nick Kalayjian, Rivian, Nick, Scaringe, Tesla, Elon Musk, Kalayjian, Abhirup Roy, Bhanvi, Shilpi Majumdar, Bill Berkrot Organizations: Rivian, RJ, Reuters, General Motors, Ford, Thomson Locations: Rivian, San Francisco, Bengaluru

[1/2] Former U.S. President Donald Trump shakes hands with Texas Governor Greg Abbott at a briefing on security at the U.S. southern border with Mexico in Weslaco, Texas, U.S. June 30, 2021. We need a president who's going to secure the border," Abbott said. "You're not going to have to worry about the border anymore, governor ... you're not going to have to worry about the border in Texas or Arizona or anywhere else." Since Biden took office in 2021, U.S. border agents have made more than 5 million arrests of migrants making irregular crossings - not through a controlled border station - over the U.S.-Mexico border. But he has struggled with record levels of migrants caught crossing the U.S.-Mexico border illegally.

Persons: Donald Trump, Greg Abbott, Brandon Bell, Republican Donald Trump, Trump, Joe Biden, Abbott, who's, Biden, David Morgan, Jasper Ward, Scott Malone, Bill Berkrot, Chris Reese Organizations: U.S, Texas, Republican, Democratic, Texas National Guard, Texas Department of Public Safety, Trump, Lone Star, Thomson Locations: U.S, Mexico, Weslaco , Texas, Edinburg , Texas, Biden's, United States, America, Texas, Arizona, Cuba, Haiti, Nicaragua, Venezuela, Mexican, Washington

☆ Blackstone frontrunner in Signature Bank commercial-property loan sale, Bloomberg reports
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

A person waits for a teller at a Signature Bank branch in New York City, U.S., March 13, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsNov 19 (Reuters) - Blackstone (BX.N) is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp's (FDIC) sale of Signature Bank debt, Bloomberg News reported on Sunday. In September, the FDIC was seeking buyers for the $33 billion commercial real estate loan portfolio of failed New York lender Signature Bank. The entire portfolio sale has yet to close," it said. Blackstone, and Newmark Group did not immediately respond to requests for comment.

Persons: David, Dee, Delgado, Newmark, Blackstone, Chandni Shah, Lisa Shumaker, Bill Berkrot Organizations: Bank, REUTERS, Blackstone, U.S . Federal Deposit Insurance, Signature Bank, Bloomberg, Starwood Capital Group, Brookfield Asset Management, FDIC, Newmark Group, Thomson Locations: New York City, U.S, New York, Bengaluru

☆ Bayer ordered to pay $1.56 billion in latest US trial loss over Roundup weedkiller
▼ + stars: | 2023-11-19 | by ( Tom Hals | Thomson Reuters | Tom Hals Is An Award-Winning Reporter With Years Of Experience Working In Asia | ) www.reuters.com time to read: +3 min

Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. Each was diagnosed with non-Hodgkin lymphoma that they alleged was caused by using Roundup on their family property. Bayer has said that decades of studies have shown Roundup and its active ingredient, glyphosate, are safe for human use. The verdict is the fourth straight loss in court for Bayer, after the company had been found not liable to plaintiffs in nine consecutive trials. In 2020, Bayer settled most of the then-pending Roundup cases for up to $10.9 billion.

Persons: Wolfgang Rattay, Bayer, Valorie Gunther, Jimmy Draeger of, Daniel Anderson of, Draeger's, Brenda, Bart Rankin, Forrest Weldon, Tom Hals, Bill Berkrot Organizations: Bayer AG, REUTERS, Bayer, Monsanto, Union Investment, U.S . Environmental Protection Agency, EU Commission, European Food Agency, European Chemicals Agency, Thomson Locations: Leverkusen, Germany, Missouri, Cole County , Missouri, New York, Jimmy Draeger of Missouri, Daniel Anderson of California, Wilmington , Delaware

WASHINGTON, Nov 19 (Reuters) - A deal to secure the release of some of the hostages held in Gaza by Hamas militants is closer than ever in the Islamist group's war with Israel, a White House official said on Sunday. "What I can say at this point is that some of the outstanding areas of disagreement, in a very complicated, very sensitive negotiation, have been narrowed," Finer told NBC's "Meet the Press" program. "I believe we are closer than we have been in quite some time, maybe closer than we have been since the beginning of this process, to getting this deal done," he added. "We're talking about considerably more than 12 (hostages)," Finer told NBC. On Saturday, Israel warned civilians in parts of southern Gaza to relocate as it girds for an offensive from the north.

Persons: Jon, United States Michael Herzog, Israel, David Morgan, Jasper Ward, Leah Douglas, Scott Malone, Bill Berkrot Organizations: White, White House, Washington Post, Press, NBC, Hamas, CBS, Gaza's Health, Thomson Locations: Gaza, Israel, United States, That's

☆ Gaza Hostage Deal Closer Than Ever, US Official Says
▼ + stars: | 2023-11-19 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +3 min

By David Morgan and Jasper WardWASHINGTON (Reuters) -A deal to secure the release of some of the hostages held in Gaza by Hamas militants is closer than ever in the Islamist group's war with Israel, a White House official said on Sunday. "What I can say at this point is that some of the outstanding areas of disagreement, in a very complicated, very sensitive negotiation, have been narrowed," Finer told NBC's "Meet the Press" program. "I believe we are closer than we have been in quite some time, maybe closer than we have been since the beginning of this process, to getting this deal done," he added. "We're talking about considerably more than 12 (hostages)," Finer told NBC. On Saturday, Israel warned civilians in parts of southern Gaza to relocate as it girds for an offensive from the north.

Persons: David Morgan, Jasper Ward, Jon, United States Michael Herzog, Israel, Leah Douglas, Scott Malone, Bill Berkrot Organizations: Jasper Ward WASHINGTON, White, White House, Washington Post, Press, NBC, Hamas, CBS, Gaza's Health Locations: Gaza, Israel, United States, That's

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