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Here is a preview of the issues involved in the special session and what awaits Republican Gov. WHAT CAUSED THE SPECIAL SESSION? Last month, the North Dakota Supreme Court struck down a major budget bill as unconstitutional. The governor is preparing to detail his priorities for the special session in a State of the State speech Monday. The governor’s executive order included “strategic investments” in tax relief and infrastructure among the purposes for the special session, but no proposals along those lines advanced Friday.
Persons: Doug Burgum, Burgum, Mike Nowatzki, Nowatzki, Theodore Roosevelt, Mike Lefor, David Hogue, Lefor Organizations: N.D, Republican, North Dakota Supreme, of Management, Management, Watford, Burgum Locations: BISMARCK, North Dakota, Bismarck, Israel, Watford City, State, Burgum
Fontes’s office told the group last month that it is obligated to accept filings from candidates even if party leaders reject them. No Labels has drawn extra scrutiny in Arizona, one of a dozen states where it has secured ballot access for a potential presidential candidate. By refusing to nominate candidates for state offices, No Labels argues it is not subject to Arizona’s campaign finance disclosure laws. The party argues state law allows political parties to participate only in elections that they choose and the U.S. Constitution protects the party’s right to freely associate or not associate with candidates. Candidates have filed statements of interest to run for U.S. Senate and Arizona Corporation Commission, the state’s utility regulator.
Persons: Adrian Fontes, who's, Joe Biden, Biden, they're, , Benjamin Chavis Jr, Colleen Connor, Richard Grayson, Donald Trump Organizations: PHOENIX, Democratic, Constitution, NAACP, Fontes, Democrat, U.S . Senate, Arizona Corporation Commission, Corporation Locations: Arizona, Phoenix, U.S
Berlin CNN —German security services are investigating after two Molotov cocktails were thrown in the direction of a synagogue in Berlin during the early hours of Wednesday. Posting on X, Berlin police said the incident took place around 3.45am local time (9.45pET) at the synagogue on the Brunnenstraße street in Berlin’s central district of Mitte. Police have arrested a 30-year-old man who rode an e-scooter along the street and threw it away before running towards the synagogue. Germany’s state level security agency, the State Office for the Protection of the Constitution, is investigating the incident, according to police. Police stand outside the complex following a pre-dawn attack on October 18, 2023 in Berlin, Germany.
Persons: Markus Schreiber, Olaf Scholz, ” Scholz, Maja Hitij, Élisabeth Borne Organizations: Berlin CNN, Police, State Office, , London’s Metropolitan Police Locations: Berlin, Berlin’s, Mitte, Israel, Germany, France, London’s, , French
REUTERS/Amr Alfiky/File photo Acquire Licensing RightsOct 18(Reuters) - A number of U.S. banks saw continued pain in the third quarter on delinquent commercial real estate (CRE) loans in their portfolios, as stress in the sector persists. As a result, banks recorded continued provisions for credit losses and charge-offs from the previous quarter, driven by their non-performing (NPL), or delinquent, CRE loans. Borrowers have struggled to refinance their CRE loans as property values have declined and interest costs have risen. Some $20 billion of office commercial mortgage-backed securities, which bundle together individual loans, mature in 2023, according to real estate data provider Trepp. "While overall credit quality remains strong across our portfolio, the pressures we anticipated within the commercial real estate office sector have begun to materialize," PNC Chief Financial Officer Robert Reilly told analysts.
Persons: Amr Alfiky, Cole, that's, Morgan Stanley, Goldman Sachs, JPMorgan, Mayra Rodriguez Valladares, Wells, Robert Reilly, Matt Tracy, Lananh Nguyen, Jonathan Oatis Organizations: REUTERS, Florida Atlantic University, Bank of America, Trepp, Regulators, JPMorgan, Citigroup, PNC, Thomson Locations: New York City, U.S
DENVER (AP) — The remains of at least 189 decaying bodies were found and removed from a Colorado funeral home, up from about 115 reported when the bodies were discovered two weeks ago, officials said Tuesday. Political Cartoons View All 1211 ImagesAuthorities responding to an “abhorrent smell” entered the funeral home’s neglected building with a search warrant Oct. 4 and found the decomposing bodies. Colorado has some of the weakest rules for funeral homes in the nation with no routine inspections or qualification requirements for funeral home operators. There’s no indication state regulators visited the site or contacted Hallford until more than 10 months after the Penrose funeral home’s registration expired. State lawmakers gave regulators the authority to inspect funeral homes without the owners’ consent last year, but no additional money was provided for increased inspections.
Persons: Fremont Sheriff Allen Cooper, Jon Hallford, , Carie, Leon Kelly Organizations: DENVER, FBI, Fremont Sheriff, Associated Press, America Statehouse News Initiative, America Locations: Colorado, Penrose , Colorado, Fremont, Hallford, El Paso County
A Wells Fargo customer uses the ATM at a branch in San Bruno, California, on Aug. 8, 2023. Wells Fargo on Friday surpassed Wall Street expectations in third-quarter earnings and revenue as the benefit from higher interest rates offset slowing lending activity. Wells Fargo posted an earnings per share of $1.48 in the quarter, or $1.39 excluding discrete tax benefits. Net income rose to $5.77 billion in the three months ended Sept. 30 from $3.59 billion a year earlier, driven by an 8% increase in net interest income. Wells Fargo said provision for credit losses in the quarter included a $333 million increase in the allowance for credit losses for commercial real estate office loans and higher credit card loan balances.
Persons: Wells Fargo, Wells, Charlie Scharf, " Scharf Organizations: Wells, Revenue Locations: San Bruno , California, Wells Fargo, LSEG
Bottom line Wells Fargo's quarterly revenue outpaced expectations on the back of better-than-expected results for both net interest income (NII) and non-interest income. Middle-market banking revenue increased 23% year-over-year, as higher interest rates and loan balances were only partially offset by lower deposits. Asset-based lending and leasing revenue was up 3% annually, a result of loan growth and increased revenue from renewable energy investments. Total banking revenues increased 20% year-over-year, a result of higher rates and lending revenues, along with "higher investment banking revenue on increased activity across all products." Commercial real estate revenue increased 14% year-over-year, due to higher rates and revenue growth in the firm's low-income housing business.
Persons: Wells, Wells Fargo, we've, Charlie Scharf, Wall, Scharf, NII, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Wells, Basel III, Management, Consumer, Auto, CNBC, Wells Fargo Bank Locations: Wells Fargo, Basel, U.S, San Bruno , California
Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon Acquire Licensing RightsOct 13 (Reuters) - Wells Fargo on Friday beat analysts' estimates for third-quarter profit as it benefited from customers paying more interest and raised its annual forecast for future income from interest payments. The swiftest tightening of U.S. monetary policy in 40 years aimed at reining in sticky inflation has buoyed banks' interest income. Rival banking giant JPMorgan Chase (JPM.N) on Friday posted a rise in third-quarter profit as higher interest rates boosted its income from loans. Wells Fargo earned $1.48 per share in the third quarter, beating analysts' expectations of $1.24, according to LSEG data.
Persons: Wells, NII, JPMorgan Chase, Wells Fargo, Charlie Scharf, Banks, Noor Zainab Hussain, Manya, Saeed Azhar, Lananh Nguyen, Sriraj Organizations: REUTERS, Friday, JPMorgan, Wells, Manya Saini, Thomson Locations: Wells Fargo Bank, New York City, U.S, Wells Fargo, Wells, Bengaluru, New York
Blank canvasUS couple Robin Johnson and Jim Thaman fell in love with Cajarc, France, after visiting the village in the summer of 2001. Hemis/Alamy Stock PhotoWhile they’d both spent time in France during their younger years, neither had seriously considered living there until then. The couple say they were thrilled by how simple the buying process was. “So my first tool was a sledgehammer.”The couple had previously worked on a house together, so they had some renovating experience. However, the couple say that around 95% of their friends there are French.
Persons: CNN —, Robin Johnson, Jim Thaman, ’ ” Johnson, who’d, they’d, Johnson, , , Jim, we’ll, “ Jim, Thaman, they’ve, Robin, they've, Robin Johnson “, “ It’s, It’s, doesn’t, hasn’t, ’ ” Organizations: CNN, CNN Travel, , France ” Locations: Cajarc, France, Michigan, Italy, California, Toulouse, mull, States, , Tuscany
The very existence of the No Labels group is fanning Democratic anxiety about Trump’s chances against an incumbent president facing questions about his age and record. If even a small number of those voters were to back a No Labels candidate next year, Biden could fall short. No Labels party members skew younger. Twelve percent of them live in the 4th Congressional District, which includes Arizona State University. Such a poll would be meaningless because a large swath of voters won’t know anything about the No Labels candidate before a campaign is run, he said.
Persons: Joe Biden, Donald Trump, hasn't, , Rodd McLeod, Biden, Adrian Fontes, Fontes, Richard Grayson, Kamala Harris, Republican Sen, Jeff Flake, Cindy McCain, Sen, John McCain —, Ross Perot, George H.W, George H.W . Bush, Jill Stein, Hillary Clinton ’, Stein, Trump, Matt Bennett, Benjamin Chavis, Sam Almy, they've, they’ll, Democratic Sen, Joe Manchin, Joe Lieberman, Jon Huntsman, Larry Hogan, Larry Hogan of Maryland, Ryan Clancy, we’re, ” Clancy Organizations: PHOENIX, Trump, White, Democratic, Biden, Democratic Party, Phoenix, Trump Republicans, Republican, Green, NAACP, Republicans, Congressional, Arizona State University, Super, Republican Gov Locations: Arizona, Pinal County, George H.W ., Michigan , Pennsylvania, Wisconsin, Arizona , Georgia, Washington, Phoenix, Tucson, Dallas, West Virginia, Joe Lieberman of Connecticut, Utah, Larry Hogan of
NEW YORK (AP) — Researchers have uncovered a simple structure from the Stone Age that may be the oldest evidence yet of early humans building with wood. But it is much more complex than I thought.”Barham and his team dug up the log structure — plus a handful of wooden tools — from a riverbed site that sits above a waterfall in Zambia. They think the crossed logs could have been the base for a bigger structure like a walkway or a platform. The log structure was made at least 476,000 years ago, while the wood tools are slightly younger, under 400,000 years old. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.
Persons: It's, , Larry Barham, ” Barham, Barham, ’ ” Barham, couldn't, Geoff, , Dirk Leder, Annemieke Milks, , ” Milks Organizations: , University of Liverpool, telltale, Aberystwyth University, Cultural Heritage, University of Reading, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Nature, Zambia, Wales, Africa, Germany’s, Saxony
London CNN —Fraudsters have robbed Europe’s largest copper producer of €185 million ($198 million) worth of the metal, possibly with the help of insiders, the company said Tuesday. The inventory had established the scale of thefts the company disclosed on August 31 and in June, an Aurubis spokesperson told CNN. The losses forced Aurubis to slash its pretax profit forecast for the current fiscal year by about €170 million ($182 million). Whether the same criminals are behind these past cases and the theft disclosed in August is the subject of ongoing investigations, the Aurubis spokesperson said Tuesday. Aurubis produces about 1.1 million tonnes (1.2 million tons) of copper “cathodes,” or square sheets, per year at plants in Europe and the United States.
Persons: London CNN —, Germany’s Aurubis, Aurubis, , Nadine Schmidt Organizations: London CNN, CNN, Office, State, Criminal Investigation Locations: Hamburg, Europe, United States
A pedestrian passes a smoke shop in New York City on June 16, 2023. New York authorities are cracking down on unlicensed smoke shops that are selling cannabis. Currently, there are just 23 legal dispensaries open across the state, with only nine in New York City. But its effort has only begun to chip away at the vendors, particularly in New York City. In addition to skirting the tax system, smoke shops operating illegally may also pose significant health risks.
Persons: Spencer Platt, We're, Daniel Haughney Organizations: New, Getty, New York, Office, of Cannabis Management, CNBC, New York state's, Cannabis Management, New York City, New York Medical Cannabis Industry Association, Cannabis Control Locations: New York City, New York, New
Paxton, a Republican, has been dogged by corruption allegations since first taking office in 2014. He still faces a state trial on securities fraud and is under investigation by the FBI. Paxton, an ally of former U.S. President Donald Trump, repeatedly insisted that he was innocent and that the impeachment trial is a political witchhunt. Paxton was overwhelmingly impeached by the Republican-dominated Texas House in May. The last impeachment trial of a statewide officeholder in Texas was in 1917.
Persons: Ken Paxton, Joe Biden's, Elizabeth Frantz, Paxton, Donald Trump, Governor Dan Patrick, Patrick, doesn't, Greg Abbott, Biden, Roland Gutierrez, George P, Bush, Rochelle Garza, Paxton's, Nate Paul, Paul, Tony Buzbee, Angela, Brad Brooks, Donna Bryson, Mark Porter, Diane Craft Organizations: U.S, Supreme, Trump, REUTERS, The Texas Senate, firebrand, Republican, FBI, Texas, Texas Republicans, Texas Republican Party, Texas House, Texas Senate, Republicans, Thomson Locations: Texas, Mexico, Washington , U.S, Longmont , Colorado
Aurubis shares plunge on suspected metal theft
  + stars: | 2023-09-01 | by ( Jan Schwartz | ) www.reuters.com   time to read: +2 min
Shares in the group were down 14% at 1030 GMT, at their lowest level in nearly 10 months, after the company said it would miss its full-year profit guidance having found what it described as "considerable discrepancies" in inventories. Aurubis had said in June that several employee workspaces and the on-site offices of contractors at its Hamburg site were searched as part of an investigation into a suspected organised theft ring. "During a scheduled review of metal inventories, Aurubis has identified considerable discrepancies in target inventory as well as in individual samples from specific shipments of input materials for the recycling area," it said late on Thursday. "This evidence has led Aurubis to conclude that it has been the target of further criminal activity following the cases reported in June 2023. Germany's second-largest steelmaker Salzgitter (SZGG.DE), which holds a 29.99% stake in Aurubis, also suspended its financial guidance, sending its shares 1.6% lower.
Persons: Aurubis, workspaces, Kanjyik Ghosh, Christoph Steitz, Leslie Adler, Mark Potter Organizations: Criminal Investigation, Thomson Locations: HAMBURG, Hamburg, Aurubis, Bengaluru, Frankfurt
London CNN —Aurubis, Europe’s largest copper producer, says it has been the target of a huge theft, with damages running into hundreds of millions of euros. “During a scheduled review of metal inventories, Aurubis has identified considerable discrepancies in target inventory,” the German company said Thursday in a statement. Aurubis produces about 1.1 million tonnes (1.2 million tons) of copper “cathodes,” or square sheets, per year at plants in Europe and the United States. The company accounts for around 30% of Europe’s production of such copper and 3% to 5% of global output, a spokesperson told CNN. The company has involved the State Office of Criminal Investigation in Hamburg, Germany, where Aurubis is based, the copper producer said.
Persons: London CNN —, Aurubis, , Nadine Schmidt Organizations: London CNN, CNN, Criminal Investigation Locations: Europe, United States, Hamburg, Germany
This teacher left her job and went to work at CostcoMaggie Perkins got burned out as a teacher and quit her job, after eight years. She got her masters in education from the University of Texas in El Paso and was planning to become a principle, before she quit teaching in 2020. Read more: I left teaching and now make $450,000 in revenue a year covering up scars and stretch marks with tattoos. This former middle school teacher quit and earned more as a waitressAlexis Fernandez was recruited to work at a charter school in the Bronx, in 2018. Read more: I quit teaching to work as a restaurant server.
Persons: Costco Maggie Perkins, Perkins, I've, She's, she's, Read, Laura Lara, Lara, who've, Milhorn, Milhourn, Holly Acre, Acre, Alexis Fernandez, , Fernandez Organizations: Service, Costco, University of Texas, Royal Locations: Wall, Silicon, Georgia, Costco's Washington, El Paso, China, Acre, Bronx
On Monday, a Georgia grand jury indicted Trump and 18 allies alleging they worked to try and overturn the results of the 2020 election. A day later, Trump said he had plans to soon release a report exonerating himself. His legal advisers, however, are telling him to cancel the event, saying it could put him in more legal trouble, according to ABC News. On Monday, a Georgia grand jury indicted Trump and 18 of his allies, alleging they conspired to overturn the results of the 2020 election. "Based on the results of this CONCLUSIVE Report, all charges should be dropped against me & others — There will be a complete EXONERATION!
Persons: Trump, exonerating, Donald Trump, he's, , He's, Fani Willis Organizations: ABC News, Service, Truth, Conference, Trump Locations: Georgia, Wall, Silicon, Bedminster , New Jersey, New York
Opinion | Racketeering Case Against Trump in Georgia
  + stars: | 2023-08-15 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Trump Indictment, Part IV: A Spectacle That Has Become Surreally Routine,” by Peter Baker (news analysis, nytimes.com, Aug. 15):The grand jury’s RICO indictment is historic because it rightly accuses the former president and his co-conspirators of a gang-like assault on democracy. It is significant too because it recognizes the courageous refusal of state officeholders, mostly Republican, to violate the law. This is not the first or only time that Americans owe a huge debt of gratitude to our Black women compatriots. To the Editor:Like many who are concerned about the rule of law and equal treatment under the law, I was delighted to see former President Donald Trump and 18 others indicted by a Georgia grand jury. This is a sweeping indictment, accusing Mr. Trump of being the head of a “criminal enterprise” to overturn the election.
Persons: “ Trump, Peter Baker, Donald Trump, Rudolph Giuliani, Jan H, Trump Organizations: Woodrow Wilson Center, Mr Locations: Georgia, Alexandria, Va
U.S. bank shares dropped on Tuesday after ratings agency Moody's downgraded credit ratings of several U.S. regional lenders and placed some banking giants on review for potential downgrade. It warned lenders will find it harder to make money as interest rates remain high, funding costs climb and a potential recession looms. The warning caught some investors off guard. On Tuesday, SPDR S&P Regional Banking ETF's (KRE.P) options-based 30-day implied volatility rose to 31.1%, up from 28.9% touched on Monday. "In the near term, there are reasons for caution about banks in general and we have made changes where appropriate," he said.
Persons: SPDR, Steve Sosnick, There's, David Wagner, David Smith, Brian Mulberry, Michelle Price, Diane Craft Organizations: Moody's Corporation, P Bank, Regional Banking, Silicon Valley Bank, Banking, Interactive, Alert, Aptus Capital, Autonomous Research, Analysts, Zacks Investment Management, Thomson Locations: Manhattan , New York, U.S, Silicon
Ron DeSantis suspended State Attorney Andrew Warren, alleging he picked and chose which laws to enforce. Just over a year later, on Wednesday, DeSantis suspended State Attorney Monique Worrell, citing a "neglect of duty and incompetence." In a published opinion piece, Warren claimed that DeSantis suspended Worrell because he "is desperate to rescue his presidential campaign." On Wednesday, just over a year after Warren's suspension, DeSantis suspended State Attorney Monique Worrell, citing a "neglect of duty and incompetence." DeSantis' decision to suspend Worrell on Wednesday comes as his campaign trails behind former President Donald Trump in polling.
Persons: Ron DeSantis, Andrew Warren, DeSantis, Monique Worrell, Warren, Worrell, he's, Donald Trump, Trump Organizations: Florida Gov, Service, Daily, Gov Locations: Florida, Wall, Silicon, Orlando
A video circulating online shows a prescribed fire conducted by the Arizona Bureau of Land Management (BLM) in 2017, not “targeted arson” taking place in Rhodes amidst wildfires on the Greek island in July 2023. A similar video was shared by the Arizona Bureau of Land Management on its Facebook and Twitter pages in March 2017 (here), (here). It shows similar vegetation, the same helicopter, and a dangling torch as seen in the video being shared. Dolores A. Garcia, a representative for Bureau of Land Management at the Arizona State Office, said in an email to Reuters that the video being shared on social media does in fact show 2017 heli-torch operations in northwest Arizona. The video shows a prescribed fire operation conducted by the Arizona Bureau of Land Management in 2017.
Persons: Dolores A, Garcia, ” Garcia, Read Organizations: Arizona Bureau of Land Management, Reuters, Facebook, of Land Management, Arizona State Office, Locations: Rhodes, Greece, Arizona, Canada
Worldcoin says 2.2 million have signed up, mostly during a trial period over the last two years. Worldcoin raised $115 million from venture capital investors including Blockchain Capital, a16z crypto, Bain Capital Crypto and Distributed Global in a funding round in May. Macieira said Worldcoin would continue rolling out operations in Europe, Latin America, Africa and "all the parts of the world that will accept us." "The idea is that as we build this infrastructure and that we allow other third parties to use the technology." Michael Will, president of the Bavarian regulator, said it would look into whether Worldcoin's system is "safe and stable".
Persons: Medha Singh, Sam Altman, Worldcoin, Ricardo Macieira, Macieira, Michael Will, Will, Rainer Rehak, Web3, Nette Noestlinger, Matthias Baehr, Elizabeth Howcroft, Tomasz Janowski Organizations: WorldCoin, REUTERS, Reuters, Co, Humanity, Blockchain, Bain Capital Crypto, Companies, Bavarian State Office, Data Protection, Union, Weizenbaum Institute, Worldcoin Foundation, Thomson Locations: Bengaluru, India, Britain, France, Germany, Europe, San Francisco, Berlin, Latin America, Africa, Japan, Bavarian, blockchain, Cayman Islands
LONDON, July 31 (Reuters) - A German data watchdog has been investigating OpenAI CEO Sam Altman's Worldcoin project since late last year due to concerns over its large-scale processing of sensitive biometric data, the regulator's president told Reuters. Will said the Bavarian state regulator is the lead authority investigating Worldcoin under the European Union's data protection rules because Tools For Humanity, the company behind Worldcoin, has a German subsidiary there. This leads to a number of risks, including whether users have given explicit consent to their highly-sensitive biometric data being processed on the basis of "sufficient and clear" information, Will said. Privacy campaigners have long raised concerns about the wide-scale collection and storage of biometric data, which could increase surveillance or target certain demographic groups. France's privacy watchdog told Reuters on Friday that the legality of Worldcoin's data collection "seems questionable".
Persons: Sam Altman's Worldcoin, Worldcoin, Michael Will, Will, Elizabeth Howcroft, Louise Heavens Organizations: Reuters, Bavarian State Office, Data Protection, Humanity, Worldcoin, Thomson Locations: Bavarian, German, Cayman Islands, France, Germany, Spain
Photos released by North Korean state media show Kim Jong Un's huge portraits of Vladimir Putin. The images show the leader giving Russian Defense Minister Sergei Shoigu a personal tour. The portraits were visible as the North Korean leader gave a personal tour to Russian Defense Minister Sergei Shoigu. In the bizarre images, Kim and Shoigu can be seen walking down a corridor while huge portraits of Putin and Kim loom over them from either side. Russia's Defense Minister Sergei Shoigu attends a reception for the Russian military delegation hosted by North Korean leader Kim Jong Un on July 27, 2023.
Persons: Kim Jong, Vladimir Putin, Sergei Shoigu, Shoigu, Kim Jong Un, Kim, Putin, Simon Miles, Miles, Biden Organizations: North, Russian, Service, North Korean, Russian Defense, Central Committee of, Workers ' Party, Daily, Russia's, Reuters, Mail, Korean Central News Agency, Associated Press, Duke University's Sanford School of Public, Soviet Union, AP Locations: North Korean, Wall, Silicon, Pyongyang, Vladivostok, Russia, North Korea, Soviet, North Koreans, Ukraine, Moscow, Russian
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