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John Kerry, President Joe Biden's climate envoy, is expected to announce at COP28 a global strategy in nuclear fusion. If it is produced using renewables like wind or solar power, as opposed to fossil fuel generated power, it is called green hydrogen. Governments and companies think green hydrogen could be a way to clean up hard-to-decarbonize industries like steel and cement-making and other industrial manufacturing. PwC said technologies like green hydrogen and reducing food waste have relatively high emissions reduction potential, but are receiving a small share of start-up investment. In 2023, green hydrogen got 3.9% of global climate-tech venture funding, while food waste got 0.7%, it said.
Persons: PwC, John Kerry, Joe Biden's, David Schatsky, Schatsky, Timothy Gardner, Richard Valdmanis, Diane Craft Organizations: International Energy Agency, Fusion Industry Association, FIA, Companies, Deloitte, Entrepreneurship, Reuters, Thomson Locations: Olfus, Iceland, Dubai, United States, Texas, Louisiana, Australia, China, Germany, Japan, U.S, ASIA, AFRICA, France, India, Asia, Africa
Explainer-Can Technology Solve the Global Climate Crisis?
  + stars: | 2023-12-01 | by ( Dec. | At P.M. | ) www.usnews.com   time to read: +6 min
John Kerry, President Joe Biden's climate envoy, is expected to announce at COP28 a global strategy in nuclear fusion. If it is produced using renewables like wind or solar power, as opposed to fossil fuel generated power, it is called green hydrogen. Governments and companies think green hydrogen could be a way to clean up hard-to-decarbonize industries like steel and cement-making and other industrial manufacturing. PwC said technologies like green hydrogen and reducing food waste have relatively high emissions reduction potential, but are receiving a small share of start-up investment. In 2023, green hydrogen got 3.9% of global climate-tech venture funding, while food waste got 0.7%, it said.
Persons: Timothy Gardner, PwC, John Kerry, Joe Biden's, David Schatsky, Schatsky, Richard Valdmanis, Diane Craft Organizations: Reuters, International Energy Agency, Fusion Industry Association, FIA, Companies, Deloitte, Entrepreneurship Locations: Dubai, United States, Texas, Louisiana, Australia, China, Germany, Japan, U.S, ASIA, AFRICA, France, India, Asia, Africa
Vegan diets may lead to better heart health and slower aging, suggests a new study of twins. 22 pairs of twins tried either vegan or omnivore diets to control for factors like genetics. While vegan diets may be harder to stick to, you don't have to be strictly plant-based to benefit. One member of each pair of twins was randomly assigned a vegan diet, eating exclusively plant-based foods with no meat, eggs, dairy, or other animal products. However, the vegan participants self-reported that they weren't as happy with their food, which could account for the extra weight loss.
Persons: , Christopher Gardner, Hilary Brueck, Gardner Organizations: Service, Stanford University, Stanford
UK housing market shows new signs of strength - Nationwide
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +1 min
A rainbow is seen over apartments in Wandsworth on the River Thames as UK house prices continue to fall, in London, Britain, August 26, 2023. REUTERS/Kevin Coombs/File Photo Acquire Licensing RightsLONDON, Dec 1 (Reuters) - British house prices rose unexpectedly in monthly terms for the third time running in November, adding to signs that the housing market downturn has abated, mortgage lender Nationwide said on Friday. House prices rose by 0.2% on the month in November, after a 0.9% increase in October. Compared with a year ago, house prices were 2% lower - the smallest such drop in nine months. "There has been a significant change in market expectations for the future path of Bank Rate in recent months which, if sustained, could provide much needed support for housing market activity," said Robert Gardner, chief economist at Nationwide.
Persons: Kevin Coombs, Robert Gardner, Andy Bruce, Sarah Young Organizations: REUTERS, Nationwide, Bank of England, Thomson Locations: Wandsworth, London, Britain
In a third suit, Liza Gardner says that in 1990, Mr. Combs coerced her into sex and then, a couple of days later, choked her so hard she passed out. In a statement, Jonathan D. Davis, a lawyer for Mr. Combs, said: “The new claims against Mr. Combs for alleged misconduct from many years ago, which were filed at the last minute, are all denied and rejected by him. Because of Mr. Combs’s fame and success, he is an easy target for accusers who attempt to smear him. As news of those suits ricocheted through social media, accusations from Mr. Combs’s past were resurfaced and dissected. In a 2004 interview, Kimora Lee Simmons, the model and TV personality, said that Mr. Combs had threatened her while she was pregnant.
Persons: , Dan Charnas, , Mr, Combs, Joi Dickerson, Neal, drugging, Dickerson, Ventura’s, Liza Gardner, Jonathan D, Davis, Combs’s, Sean John, Kimora Lee Simmons, Gina Huynh Organizations: Combs Global, New York Legislature, Combs Locations: New York
Its overall imports from Russia's nuclear energy industry held steady last year despite rising demand for nuclear power driven by high energy costs and a push to cut carbon emissions. The trend highlights challenges EU faces in reaching its long-term goal of achieving VVER fuel self-sufficiency. EU imports of natural uranium from Russia fell 16% last year from 2021, a drop compensated by increase in deliveries from Kazakhstan and Uzbekistan, ESA said. In 2022, the EU's Russian nuclear energy imports were worth around 750 million euros ($823 mln), or 1% of the bloc's Russian gas imports, according the European Commission. Sources said, however, that the proposal - which is not public - does not include sanctions on Russia's nuclear energy industry.
Persons: Radovan Stoklasa, ESA's, Stefano Ciccarello, Ciccarello, Finland's, Gabriela Baczynska, Anne Kauranen, Timothy Gardner, Tomasz Janowski Organizations: REUTERS, Union, Euratom Supply Agency, ESA, Reuters, U.S, Westinghouse, Commission, U.S ., Thomson Locations: Mochovce, Slovakia, Russia, BRUSSELS, Russian, Moscow, Ukraine, Bulgaria, Czech Republic, Finland, Hungary, France, Sweden, Belgium, Kazakhstan, Uzbekistan, Europe, United States, Brussels, Helsinki, Washington, Budapest
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Persons: I'm, they'll, , I've, it's Organizations: Service, Khan Academy Locations:
A vegan diet differs from a vegetarian diet in that it eliminates not only animal flesh but dairy, eggs or any other ingredient derived from animals. In each pair, one twin was assigned a vegan diet, while the other was assigned an omnivore diet. “I feel like a lot of people who do a vegan diet think ‘Oh great, soda is vegan. Cutting back on eating meat and animal byproducts can be done slowly, bit by bit. Harvard’s Hu agreed: “While this study showed a vegan diet may provide additional advantages compared to a healthy omnivorous diet, it does not mean that everyone should become a vegan or vegetarian.
Persons: , Christopher Gardner, Gardner, , ” Alice Lichtenstein, Frank Hu, ” Hu, ” Gardner, “ I’m, quinoa, there’s, Harvard’s Hu Organizations: CNN, Stanford Prevention Research Center, Nutrition Studies Research, Stanford, Tufts University’s Cardiovascular Nutrition Laboratory, Harvard, of Public Health, JAMA Locations: Palo Alto , California, Chan, Boston, Brussels, Yukon
Berkshire Hathaway vice chairman Charlie Munger dies at 99
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +12 min
Nov 28 (Reuters) - Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway (BRKa.N), died on Tuesday morning at a California hospital. For stock-pickers like us to lose Charlie Munger, would be like if you’re a basketball fan and you lose Bill Russell. "I wouldn't think Berkshire will look much different, apart from Buffett no longer being able to share ideas with Munger. CATHERINE SEIFERT, VICE-PRESIDENT, CFRA RESEARCH, NEW YORK“Berkshire Hathaway shareholders are not going to be directly or negatively impacted from the passing of Charlie Munger. Therewass already a transition plan in place and there's a transition plan in place when Warren Buffett passes away.
Persons: Charlie Munger, Warren Buffett, Charlie, WHITNEY TILSON, BRIAN MOYNIHAN, Charlie Mungerwass, ” BURNS MCKINNEY, Bill Russell, , Berkshire Hathaway, ” PHIL ORLANDO, FEDERATED HERMES, BILL, Buffett, Munger, PHILLIP, , STEVE SOSNICK, , ” WIN MURRAY, DIAMOND, MARY JO, BILL SMEAD, Warren, ” “ Buffett, Todd Combs, Ted Weschler, ” PAUL LOUNTZIS, Greg Abel, I've, you'll, STEPHEN DODSON, hewass, ” PAUL NOLTE, FOR MURPHY, Warren Buffet, they've, QUINCY KROSBY, RICK MECKLER, CHERRY, NEW VERNON, Hewass, obviouslywass, DOUG KASS, ” THOMAS RUSSO, GARDNER RUSSO, QUINN, CATHERINE SEIFERT, he's, ” ANTHONY SAGLIMBENE, THOMAS HAYES Organizations: Berkshire Hathaway, COOK, APPLE, WHO, KASE, OF, FEDERATED, Berkshire, ” WIN, THE BRETTON, SAN, SYLVEST, NEW, Buffett, GREAT, Global Finance, Markets, Thomson Locations: California, Munger, Berkshire, American, DALLAS , TEXAS, GLENVIEW, CALIFORNIA, CONNECTICUT, DIAMOND HILL, COLUMBUS , OHIO, PHOENIX, ” “ Berkshire, , PENNSYLVANIA, ELMHURST, IL, CHARLOTTE, NC, CHERRY LANE, NEW JERSEY, LANCASTER , PENNSYLVANIA, Munger . Berkshire, TROY , MICHIGAN, GREAT HILL
[1/3] Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. The death of Munger, a Berkshire vice chairman since 1978, marks an end of an era in corporate America and investing. "It's a shock," said Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania, and longtime Berkshire shareholder. PHILOSOPHICALLY ALIKESince becoming a Berkshire vice chairman, Munger worked closely with Buffett on allocating Berkshire's capital and not mincing words when he thought his business partner was making a mistake. Money manager Whitney Tilson, who knew Munger personally, said a "generation of investment managers" learned some of their craft from Munger and Buffett.
Persons: Charles Munger, Lucy Nicholson, Warren Buffett's, Charlie Munger, Munger, Berkshire Hathaway, Buffett, Thomas Russo, Gardner Russo, Quinn, Rick Meckler, Charlie, Warren, Paul Lountzis, Whitney Tilson, Tilson, Greg Abel, Ajit Jain, Abel, Buffett's, Howard, CHARLIE, Jain, Lountzis, Russo, Jonathan Stempel, Lewis Krauskopf Svea, Bayliss, Chibuike, Megan Davies, Rosalba O'Brien, Lisa Shumaker Organizations: Berkshire Hathaway, Daily, REUTERS, Cherry Lane Investments, Lountzis, Management, BNSF, Apple, Thomson Locations: Los Angeles , U.S, Berkshire, California, America, Omaha , Nebraska, Lancaster , Pennsylvania, Munger, New Jersey, Wyomissing , Pennsylvania, Omaha, Warren, New York
Amtrak Tries to Take Union Station
  + stars: | 2023-11-27 | by ( The Editorial Board | ) www.wsj.com   time to read: +1 min
The week’s best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Amtrak is a rolling master class on government in action, and the latest example is its effort to seize control of Union Station in Washington via the power of eminent domain. The railway wants to do a concourse modernization project to add more seating, increase signage in the terminal, and improve infrastructure. In a September hearing before Washington, D.C., federal district Judge Amit Mehta , Amtrak CEO Steven Gardner said that the current leaseholder, a company called USI, isn’t helping the railway accomplish its plans. He complained that there’s “a mismatch” between Amtrak and “a private developer looking to maximize retail and revenue.”
Persons: Kim Strassel, Allysia Finley, Dan Henninger, Amit Mehta, Steven Gardner, isn’t, there’s Organizations: Amtrak, Station, D.C Locations: Washington
For example, it subsidises its refiners when global oil prices rise above $130 a barrel so they can keep fuel prices affordable. UNITED STATESU.S. fossil fuel subsidies stretch across the U.S. tax code, which makes detailing their costs complex. President Joe Biden, a Democrat, has proposed axing fossil fuel subsidies in his annual budget, largely a political document used in negotiations with Congress. MIDDLE EASTOil and gas producers in the Middle East including Qatar and Saudi Arabia had some of the highest fossil fuel subsidies per person, IMF data showed. CANADAEarlier this year Canada unveiled plans for eliminating inefficient fossil fuel subsidies.
Persons: Navesh, Joe Biden, Sarah McFarlane, Timothy Gardner, David Stanway, Jan Harvey Organizations: REUTERS, International Monetary Fund, EU, IMF, Nanjing Audit University, UNITED STATES, One U.S, Taxation, Democrat, Representatives, International Institute for Sustainable Development, EAST, Thomson Locations: Lalitpur, Nepal, Glasgow, Dubai, EU, Ukraine, CHINA, China, U.S, One, RUSSIA, India, Russia, East, Qatar, Saudi Arabia, Canada
According to the new map, central Arkansas shifted half a zone up from zone 7b to zone 8a since the USDA last updated its map in 2012. The 2023 USDA map shows warmer zones in central Michigan, as well as shifts in some Northeastern states. AdvertisementLimitations of the USDA's new plant zone map"The map is a guideline, not a guarantee," Foster wrote, and plants can thrive in several zones. AdvertisementIn the Northwestern US, the 2023 USDA map (left) shows some regions of Montana in new, warmer zones. Sections of the South Central US, including Houston, Texas, and New Orleans, Louisiana, have changed to new zones in the 2023 USDA map (left).
Persons: Megan London, NPR she's, Chris Daly, Daly, Jonathan Foster, The University of Maine's Maine, Foster, you'll, US Department of Agriculture Foster, US Department of Agriculture Daly, " Daly Organizations: USDA, Service, NPR, Better Homes, Gardens, Oregon State University, US Department of Agriculture, North Central, The University of Maine's, The University of Maine's Maine Gardner, Southwestern, Northwestern, South Central Locations: Arkansas, Florida, Montana, Central, Michigan, Northeastern, Omaha , Nebraska, Minnesota, Southwestern US, Maine, Houston , Texas, New Orleans , Louisiana
Fusion could have an important advantage over today's nuclear fission plants that split atoms, as it does not produce long-lasting radioactive waste. The former secretary of state will announce his plan to lay out the strategy - which foresees commercialization within years, not decades - on Monday on a tour of fusion company Commonwealth Fusion Systems near Boston. "I will have much more to say on the United States’ vision for international partnerships for an inclusive fusion energy future at COP28," Kerry said in a statement. Some critics say fusion will be too expensive and take too long to develop to help in the fight against climate change in the foreseeable future. In 2023, international fusion companies have garnered about $1.4 billion in investments for a total of about $6.21 billion in mostly private money, the Fusion Industry Association said, down from about $2.83 billion in new investment last year.
Persons: John Kerry, Kerry, Claudio Descalzi, Valerie Volcovici, Timothy Gardner, Jan Harvey Organizations: Eni, WASHINGTON, Commonwealth Fusion Systems, Fusion, Massachusetts Institute of Technology, Commonwealth, United, U.S, National, Fusion Industry Association, FIA, Thomson Locations: U.S, Dubai , U.S, Boston, California, United States, COP28, Germany, Japan, China, Australia
WASHINGTON (Reuters) - The U.S. will fund nine projects with $169 million from last year's climate bill to speed manufacturing of heat pumps, systems that can heat and cool homes and businesses more efficiently, the Energy Department said on Friday. Heating and cooling homes and buildings, including critical infrastructure like military bases, drive more than 35% of U.S. energy consumption, according to her department. Compared to boilers fueled by natural gas, heat pumps reduce greenhouse gas emissions by up to 50%, it says. The funding will go to manufacturers including Armstrong International in Michigan, Honeywell International in Louisiana, and Ice Air, LLC in South Carolina. The Energy Department said it expects to unveil another round of DPA investments in early 2024.
Persons: Joe Biden, Jennifer Granholm, Timothy Gardner Organizations: WASHINGTON, Energy Department, Armstrong International, Honeywell International, Ice Air, LLC, The Energy Department Locations: U.S, Michigan, Louisiana, South Carolina
Kate Beckinsale and rapper Big Boss Vette arrive for DiCaprio's birthday. Miha Azne/Frank Vasquez/BACKGRIDCNN —Kate Beckinsale wore a bejeweled mini dress over the weekend to celebrate Leonardo DiCaprio’s 49th birthday in Los Angeles, and a photograph of the black frock, which featured a colossal blue-gemstone-like accessory belted around her waist, has since made its rounds across the Internet. Though the look seems to be a delightful reference to a famous DiCaprio film, one question has persisted: Which one? Is the gem a blue diamond or blue sapphire? Beckinsale starred alongside DiCaprio in “The Aviator“ as actress Ava Gardner and aerospace engineer Howard Hughes.
Persons: Kate Beckinsale, Big Boss Vette, Miha Azne, Frank Vasquez, CNN — Kate Beckinsale, Leonardo DiCaprio’s, DiCaprio, Beckinsale, Ava Gardner, ” Beckinsale, Howard Hughes, , Moviestore, Billy Zane, Kate Winslet, Elizabeth Taylor, Phillipe Blond, David Blond —, Beyoncé, Salma Hayek, Kim Kardashian, Zoë Kravitz, Channing Tatum Organizations: CNN, New York, Beverly Hills Locations: Los Angeles,
Washington may be able to avoid a government shutdown by the upcoming Friday deadline, but that doesn't mean Congress — or the markets — are quite in the clear. House Speaker Mike Johnson said on CNBC's " Squawk Box " on Tuesday that he expects enough lawmakers on both sides to pass his two-step "laddered" continuing resolution. The continuing resolution plan would extend federal funding for some government agencies until mid-January, while other agencies would be funded through early February. The House is expected to vote on the continuing resolution around 4:30 p.m. That doesn't mean that you're not going to have the showdown — it just means that this is the prologue," Salisbury said.
Persons: Mike Johnson, Chuck Schumer, Mitch McConnell, Israel, Goldman Sachs, Jan Hatzius, Benjamin Salisbury, Salisbury, Brian Gardner, Gardner, It's, Eric Diton, Diton, We've, we've, — CNBC's Michael Bloom, Chelsey Cox Organizations: Freedom Caucus, Democrats, Wall, Government shutdowns, Wealth Alliance, Moody's, Service Locations: Washington, Salisbury
Department of Energy officials lead reporters on a tour of the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - The U.S. plans to buy 1.2 million barrels of oil to help replenish the Strategic Petroleum Reserve after it sold off the largest amount ever last year, the Energy Department said on Monday. If the purchase is finalized it will have bought back about 6 million barrels. Last month the Energy Department said it hopes to buy 3 million barrels for December delivery and another 3 million for January at the higher price. It said it expects to issue additional oil purchase solicitations for the reserve on a monthly basis through at least May 2024.
Persons: Richard Carson, Joe Biden, Joe, Biden, Timothy Gardner, Sandra Maler, Chris Reese Organizations: of Energy, Strategic Petroleum Reserve, REUTERS, Rights, Energy Department, Thomson Locations: Freeport , Texas, U.S, Ukraine, Saudi Arabia, Russia
Chinese companies, meanwhile, have accelerated in global patent holdings in the cybersecurity sector, according to a recent Nikkei report. More reassurance to Chinese investors To be sure, while these stocks continue to rally, investors in the U.S. largely remain cautious about making any trades based on expectations ahead of the Biden-Xi talks. If anything, Chinese investors could leave Wednesday with more reassurance—which China's economy desperately needs as it struggles to make a post-pandemic recovery. Chinese investors "remain concerned that the deterioration in the bilateral political relationship could have a negative impact on the Chinese economy," Matthews investment strategist Andy Rothman said. Shaun Rein of China Market Research Group told CNBC last week that the meeting "might lower down the temperature," but that he does not expect "anything meaningful" to come from it.
Persons: Joe Biden, Xi Jinping, Frederic Neumann, Neumann, Biden, Xi, Brian Gardner, Gardner, Neo Wang, Wang, Tesla, BYD, Matthews, Andy Rothman, Shaun Rein, Rein, Derek Scissors, CNBC's Organizations: HSBC, Economic Cooperation, South China Morning Post, U.S . Department of Commerce, Nikkei, Micro Devices, Intel, Nvidia, AMD, Micron, MU, Microsoft, Biden, China Market Research Group, CNBC, American Enterprise Institute Locations: China, U.S, Asia, San Francisco, Washington, Beijing, Tesla's China, Europe, South Korea, Japan
Starbucks workers plan to walk off the job on November 16, which is expected to be Red Cup Day. Students from campuses around the US plan to join Starbucks employees when they walk off the job later this week on what is expected to be Red Cup Day. Starbucks has not officially announced when Red Cup Day will be held this year, but last year, it was held on Thursday, November 17. College students actively campaigning to boot Starbucks from campuses plan to join workers November 16, a day the union is labeling "Red Cup Rebellion." Starbucks Workers United represents more than 300 unionized Starbucks stores and 9,000 workers.
Persons: , Ella Clark, Caitlin Power, Alex Yeager, Yeager Organizations: Red, College, Service, Starbucks, Georgetown, Cornell University, Cornell, University of Washington , University of Minnesota, University of Maryland, Baltimore County, University of Louisville, University of Chicago, UCLA, Stanford University, Boston University, American University, University of Arizona, Workers, Starbucks Workers United, Portland Press Herald, National Labor Relations, Starbucks Workers Locations: San Francisco, Ithaca, Baltimore, Gardner , Massachusetts
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChatter around a possible government shutdown is muted compared to September, says Brian GardnerBrian Gardner, Chief Washington Policy Strategist at Stifel, discusses the possibility of a government shutdown this week.
Persons: Brian Gardner Brian Gardner Organizations: Chief Washington
REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - The U.S. Treasury Department has sent notices to 30 ship management companies requesting information for more than 100 vessels it suspects of transporting Russian crude oil above the Western oil price cap, according to a source who has seen the documents. It bans Western companies from providing services such as transportation, insurance and financing for the oil sold above the cap. The price cap has caused a shift in global markets as China and India purchase Russian oil, much of which had traditionally gone to Europe and other markets. A rally in global oil prices this year has meant much of Russian oil has traded above the cap. Reporting by Timothy Gardner; Editing by Richard Valdmanis and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Timothy Gardner, Richard Valdmanis, Grant McCool Organizations: REUTERS, Rights, U.S . Treasury Department, Foreign, Control, Treasury Department, European Union, Thomson Locations: Russia, United States, Washington, Moscow, Ukraine, Australia, China, India, Europe, Western
"This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories," Johnson said in a statement after announcing the plan to House Republicans in a conference call. The House Republican stopgap contained no supplemental funding such as aid for Israel or Ukraine. She said "House Republicans are wasting precious time with an unserious proposal that has been panned by members of both parties." A stopgap measure would give lawmakers more time to implement full-scale appropriations bills to fund the government through Sept. 30. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease them.
Persons: Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Sarah Silbiger, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Our Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, U.S, Capitol, REUTERS, Caucus, Social Security, Thomson Locations: Israel, Ukraine, Louisiana, Washington , U.S
"This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories," Johnson said in a statement after announcing the plan to House Republicans in a conference call. The House Republican stopgap contained no supplemental funding such as aid for Israel or Ukraine. She said "House Republicans are wasting precious time with an unserious proposal that has been panned by members of both parties." A stopgap measure would give lawmakers more time to implement full-scale appropriations bills to fund the government through Sept. 30. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease them.
Persons: David Morgan WASHINGTON, Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, Caucus, Social Security Locations: Israel, Ukraine, Louisiana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe odds of a government shutdown are rising, says Stifel's Brian GardnerCNBC's Emily Wilkins and Brian Gardner, Stifel chief Washington strategist, joins 'Power Lunch' to discuss the looming government shutdown.
Persons: Brian Gardner, Emily Wilkins, Stifel Locations: Washington
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