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☆ Tesla's Musk eyes potential investment in Mexican border state -sources
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Oct 24 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Elon Musk is considering investing in the northern Mexican state of Nuevo Leon, which borders Texas, two people with knowledge of the matter said on Monday. Musk recently held a meeting in the state with Nuevo Leon Governor Samuel Garcia along with other local officials and Ken Salazar, the U.S. ambassador to Mexico, one of the sources said. Register now for FREE unlimited access to Reuters.com RegisterA spokesperson for the Nuevo Leon government declined to comment. Musk's visit to Nuevo Leon was originally reported by Mexican media. Tesla, based in Austin, Texas, has its own lane at the U.S.-Mexico border crossing in Nuevo Leon to facilitate trade for local suppliers, the state government said in August.

"I have a feeling that we lost two points, especially with the way we started the game and the chances we had," Arsenal manager Mikel Arteta said. Newcastle have already drawn with Manchester City and Manchester United this season and their only loss was a stoppage-time defeat by Liverpool. Sunday's win at Tottenham sent the clearest message yet that they can challenge for a Champions League berth. Harry Kane pulled one back for third-placed Tottenham in the 54th minute with his 10th goal of the season but Newcastle comfortably held on for the points. "Real pride in the players today and great to be part of those scenes," Newcastle manager Eddie Howe, who took over last year with the club heading towards relegation, told reporters.

☆ Thousands protest in Germany demanding solidarity in energy relief
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +2 min

Demonstrators take part in a protest to promote energy independence from Russia, amid skyrocketing energy prices, in Berlin, Germany, October 22, 2022. Police said about 1,800 protesters gathered in Berlin. Register now for FREE unlimited access to Reuters.com Register"We want to show that we urgently need financial relief for citizens that is socially balanced. Germany's parliament on Friday approved the government's 200 billion euro ($195 billion) rescue package which aims to protect companies and households from the impact of soaring energy prices. German inflation in September hit its highest level in more than a quarter of a century at 10.9%, driven up by higher energy costs.

☆ Could Boris Johnson be next U.K. prime minister? Liz Truss replacement race is on
▼ + stars: | 2022-10-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +9 min

Some Conservative lawmakers have suggested they may even quit the party if Johnson wins. “His manipulation of the Conservative Party, his dishonesty and boosterism were all designed to cloak the absence of any realistic policies. Sunak commanded the support of more Conservative lawmakers than Truss, but lost out in the final members’ vote. But he is viewed as responsible for Johnson’s downfall by some allies of the former prime minister, who are unlikely to cheer a Sunak premiership. Starmer, the Labour Party leader, would be the clear favorite to be prime minister if an election were held any time soon.

☆ NHL roundup: Sabres top Flames behind Alex Tuch's hat trick
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +8 min

Mandatory Credit: Sergei Belski-USA TODAY SportsOctober 21 - Alex Tuch produced his first career hat trick to help the visiting Buffalo Sabres earn a 6-3 win against the Calgary Flames on Thursday. Dylan Cozens and Casey Mittelstadt each added a goal and an assist while Rasmus Dahlin also scored for the Sabres. Register now for FREE unlimited access to Reuters.com RegisterTuch extended his goal streak to three games 46 seconds into the second period. Dahlin has scored in each of the Sabres' first four games, the longest season-opening goal streak by a blue-liner in NHL history. The Canadiens also got first period goals from Josh Anderson, Cole Caufield and Brendan Gallagher to get off to a 5-0 start.

LONDON — Her tenure as Britain’s prime minister began in the early days of fall, but it didn’t even last until winter. The plan was criticized not only by the opposing Labour Party, but also President Joe Biden and the International Monetary Fund. Chancellor of the Exchequer Kwasi Kwarteng and British Prime Minister Liz Truss attend the annual Conservative Party conference on Oct. 2. Truss told Parliament on Wednesday, “I am a fighter, not a quitter,” after repeatedly being told she was unfit for office by opposition lawmakers. Under an expedited process, leadership challengers must win the support of 100 fellow Conservative Party lawmakers (out of a total of 357) by Monday afternoon.

☆ Latino LA councilman said he won't resign following uproar over racist remarks
▼ + stars: | 2022-10-20 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

LOS ANGELES — Embattled Los Angeles Councilman Kevin de Leon said Wednesday he will not resign amid an uproar over a leaked tape that revealed him participating in a meeting in which Latino officials made crude, racist remarks and plotted to expand their political power. The scandal already has led to the resignation of former City Council President Nury Martinez and calls from President Joe Biden for those involved to step down. The councilman also told KCBS-TV in Los Angeles that he would refuse to resign. “We don’t want him here because he’s racist,” said Loera, a salesman reviewing items at a local household goods shop with a view of downtown Los Angeles. Los Angeles City Council members are among the highest paid in the country with annual salaries of nearly $229,000, and de Leon’s announcement also keeps his city paychecks coming.

☆ Fact Check-No evidence of widespread ballot 'harvesting' ahead of the U.S midterm election
▼ + stars: | 2022-10-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

Stuffing ballot boxes, ballot harvesting, gerrymandering, and the lonist goes on and on,” reads a tweet. A Reuters Fact Check explainer exploring examples of how and why voter fraud is exceedingly rare in the U.S. ahead of the midterms can be seen (here). According to Minnite, experts agree there is no evidence of systematic voter fraud happening during absentee voting. They found 491 cases of absentee ballot fraud from 2000 to 2012, a time when 146 million Americans were registered to vote (news21.com/archive/), (here), (here). A Reuters fact check article previously found that the film does not provide verifiable evidence of voter fraud (here).

☆ Oil prices mixed amid uncertain demand, supply concerns
▼ + stars: | 2022-10-20 | by ( Emily Chow | ) www.reuters.com time to read: +3 min

REUTERS/Nick Oxford/File PhotoSINGAPORE, Oct 20 (Reuters) - Oil prices were mixed on Thursday as investors balanced caution over tightening supply against concerns that a global slowdown could curb demand. "Oil prices are being whipsawed by a number of drivers in Q4 2022," said Commonwealth Bank commodities analyst Vivek Dhar in a note. Upward pressure though is coming from OPEC+ supply cuts and imminent EU sanctions on seaborne imports of Russian oil and refined production." Global recession concerns and the potential for another aggressive U.S. rate hike were clouding the outlook for oil prices, said CMC Markets analyst Leon Li. "Therefore, oil prices would return to a downtrend after a short-term rebound," he said.

☆ With UK leader Liz Truss quitting, here are the top contenders to replace her
▼ + stars: | 2022-10-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

"Given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party," she said in a brief speech Thursday afternoon. Here are the main contenders for the top job:Rishi SunakRishi Sunak, Britain's former finance minister and Truss' main opponent in this year's Conservative Party leadership race, is now seen as a favorite to replace her. Britain's former finance minister Rishi Sunak was Liz Truss's main opponent in this year's Conservative leadership race. Penny MordauntFormer Defense Secretary Penny Mordaunt surged to prominence during the summer's leadership race, before finishing in third place to Truss and Sunak. Leader of the House of Commons Penny Mordaunt is seen as a consensus candidate who could unite a splintered Conservative Party.

Prime Minister Liz Truss announces her resignation at 10 Downing Street on October 20, 2022 in London, England. Leon Neal | Getty ImagesLONDON — U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party. "I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to announce that I am resigning as leader of the Conservative Party." The number who have written letters to Brady expressing no confidence in the prime minister was reported to be over 100 by Thursday.

☆ LA City Council member embroiled in racist audio scandal says he won't resign: 'There is a lot of work ahead.'
▼ + stars: | 2022-10-20 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

LA City Council member Kevin de León said he will not resign amid scandal over leaked audio. "No, I will not resign, because there is a lot of work ahead," de León said, invoking Los Angeles' homelessness problem. De León's decision comes just days after LA City Council member Nury Martinez resigned amid mounting pressure over the same audio. "People should not ask me for forgiveness, because I can't forgive them because it's not my prerogative," he said during a council meeting. Then-acting City Council President Mitch O'Farrell stripped de León and Cedillo of their committee duties earlier this week.

☆ Embattled British PM Truss loses 2nd minister in a week amid political and economic turmoil
▼ + stars: | 2022-10-19 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

British Prime Minister Liz Truss described herself as “a fighter and not a quitter” Wednesday as she faced down a hostile opposition and fury from her own Conservative Party over her botched economic plan. And within hours of Truss’ appearance in Parliament for a regular session titled Prime Minister’s Questions, she lost a senior member of her government. Truss faced another test in Parliament later Wednesday when lawmakers vote on a Labour Party motion seeking to ban fracking for shale gas — a policy that Truss recently approved. Conservative Party whips said the vote would be treated as “a confidence motion in the government,” meaning the government would fall if the motion passed, triggering an election. Some Conservative legislators believe Truss could be forced to resign if the party agrees on a successor.

☆ Netflix's ad tier can bring in billions over the next few years, says CFRA's Ken Leon
▼ + stars: | 2022-10-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix's ad tier can bring in billions over the next few years, says CFRA's Ken LeonKen Leon, director of equity research at CFRA, joins 'Squawk Box' to discuss Netflix numbers and ad tier.

Women using chemical hair-straightening products are at a higher risk of uterine cancer than women who reported not using them, a new study by the National Institutes of Health (NIH) found. Researchers noted that Black women may have a higher risk because they are more likely to use those products more frequently. “Sixty percent of the participants who reported using straighteners were Black women. The bottom line is that the exposure burden appears to be higher among Black women,” Chandra Jackson, an NIEHS Earl Stadtman Investigator who co-authored the study, said. Advocates like Greene, one of the leading voices in the movement against Black hair discrimination, have highlighted that wearing natural hair isn’t easy or always safe for Black people.

☆ CFRA: Not seeing coming signs of recession in the bank earnings
▼ + stars: | 2022-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCFRA: Not seeing coming signs of recession in the bank earningsKen Leon of CFRA discusses the biggest issues facing the banking sector, including the impact of rising rates on investment banking and trading businesses.

☆ Leaked L.A. City Council Audio Exposes the Racial Underbelly of Local Politics
▼ + stars: | 2022-10-16 | by ( Will Swaim | ) www.wsj.com time to read: +1 min

The ground shakes periodically in Southern California, but Los Angeles has rarely experienced a political earthquake as sudden and severe as the one that rocked City Hall this week. The leaked October 2021 recording, published first on Reddit and then by the Los Angeles Times, captures a shockingly candid conversation among City Council President Nury Martinez and Councilmen Gil Cedillo and Kevin de León . Ron Herrera , Los Angeles County’s top union leader, was also present. The four met to discuss how they might carve up the city’s voting districts to maintain Latino political power. Few of the hyperdiverse city’s racial and ethnic groups went uninsulted.

☆ Los Angeles’ Nury Martinez’s shocking anti-Black remarks hurt at the deepest level
▼ + stars: | 2022-10-14 | by ( Amir Whitaker | Amir Whitaker Is Senior Policy Counsel With The Aclu Of Southern California. Before Joining The Aclu | Whitaker Represented Students | ) www.nbcnews.com time to read: +6 min

Many of us in Los Angeles are still in shock from the recently leaked audio recording of politicians spewing racist and hateful language. It laid bare the true colors of four of the most influential Latinx leaders in the country, whose collective power affects nearly 4 million Angelenos. But this is Los Angeles, one of the most diverse cities in the world. Hearing a public servant in one of the most powerful seats in our city government fantasize about committing violence against a Black child was extremely troubling. I get anxious just thinking about having to explain to my Black child what they need to know to survive in America.

Gas installation is pictured at the Cavern Underground Gas Storage (CUGS) Kosakowo facility, near Debogorze, Poland April, 30. "If we have a drop in temperature, we could expect an uptick in energy demand for heating," Buontempo said. But some analysts warn this alone will not compensate for the loss of Europe's main gas supplier - and a cold winter would make this worse. A cold winter in Europe could add 8 bcm to Europe's gas demand, said Energy Aspects analyst Leon Izbicki. If cold weather depletes gas storage levels this winter, Europe will need to replenish for next winter - with far less Russian gas.

☆ Banks look prudent on the reserve side, says CFRA Research's Ken Leon
▼ + stars: | 2022-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanks look prudent on the reserve side, says CFRA Research's Ken LeonCFRA Research's Ken Leon joins 'Squawk on the Street' to discuss bank earnings, persistent tightening on lending conditions, and where to buy and sell in the banking sector.

Some may want to see the explosive, racist diatribes of a handful of prominent Los Angeles City Council members as an unfortunate incident that will eventually fade away. But the reality is that such prejudice from Latino to Latino and Latino to other racial groups is not so uncommon. That was on stark display in the conversation among former Los Angeles City Council President Nury Martinez, council members Kevin De León and Gil Cedillo and Los Angeles County Federation of Labor President Ron Herrera, who resigned Monday. "If you’re going to talk about Latino districts, what kind of districts are you trying to create?” she asks her colleagues in frustration. Zapotecs, or Indigenous people of Oaxacan descent, number about 200,000 in Los Angeles County, one of the largest Oaxacan communities outside Mexico.

☆ Premarket stocks: How to read big bank earnings
▼ + stars: | 2022-10-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Beyond disappointing headline figures, Wall Street analysts are focusing on three important factors: loan growth, capital adequacy, and the economic outlook. Loan growth: The rate at which businesses borrow money from big banks doesn’t just tell us about the health of a financial institution itself. But Wall Street estimates show that loan growth is expected to decelerate in Q4 and into next year. Growth of Individual loans will likely decline, showing that Americans are beginning to feel the pinch of rising interest rates. Capital adequacy: Expect banks to take questions about how much money they have on hand.

☆ Former L.A. City Council president resigns amid uproar over leaked audio of racist remarks
▼ + stars: | 2022-10-12 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

The former president of the Los Angeles City Council at the center of a controversy over leaked audio of racist remarks announced her resignation from the elected board on Wednesday. “It is with a broken heart that I resign my seat for Council District 6, the community I grew up in and my home,” she said. No one expected me to win, but with the support of residents throughout the district I overcame that challenge and won the seat for Council District 6. In the leaked audio, Martinez likened the Black son of council member Mike Bonin, who was 2 years old at the time, to an animal. Since the Los Angeles Times first reported about the audio recording on Sunday, the controversy has grown into a national story.

☆ California attorney general to investigate L.A. City Council after leak of audio with racist remarks
▼ + stars: | 2022-10-12 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +5 min

The California attorney general announced Wednesday his office will investigate the Los Angeles City Council to determine whether any laws were broken after an audio recording of racist remarks surfaced this week. Martinez has resigned as council president, and she announced she is taking a leave of absence from the council, according to NBC Los Angeles. Bonta said in the statement he was “deeply appalled" by the remarks from some of Los Angeles’ highest-ranking officials. A council meeting Wednesday was also met with a hostile crowd that disrupted the beginning of the meeting more than once. “The leaked audio has cast doubt on a cornerstone of our political processes for Los Angeles," Bonta said in the Wednesday statement.

☆ ‘Real Housewives’ alum Cynthia Bailey announces divorce after 2 years of marriage
▼ + stars: | 2022-10-12 | by ( Ariana Brockington | ) www.nbcnews.com time to read: +3 min

“Real Housewives of Atlanta” alum Cynthia Bailey and her husband Mike Hill have announced they are divorcing after two years of marriage. The former couple shared the news in a joint Instagram post uploaded on Oct. 12. Next to a photo of the two holding hands and smiling together, they wrote, “LOVE is a beautiful thing. Love with the help of God conquers all.”Earlier this year, Bailey competed as a contestant on “Celebrity Big Brother” Season 3. He has two daughters, Ashlee and Kayla, and has shared pictures from their “daddy daughter” dates on social media.

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