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A US Navy plane landed in a bay in Hawaii after missing the runway. The P-8A aircraft overshot the runway at a Marine base on Kaneohe Bay, said U.S. Marine Corps spokesperson Gunnery Sgt. This photo provided by Diane Dircks shows a U.S. Navy plane that overshot a Marine base on Kaneohe Bay, Hawaii, Monday, Nov. 20, 2023. This photo provided by Diane Dircks shows a U.S. Navy plane that overshot a Marine base on Kaneohe Bay, Hawaii, Monday, Nov. 20, 2023. In October 2022, a Korean Air plane overshot the runway after attempting to land twice and heavily damaged its exterior.
Persons: , Shayne Enright, Ryan Fisher, Orlando Perez, Chesley, Sully, Sullenberger, Diane Dircks, Thomas Vaughan Organizations: US Navy, Service, U.S . Navy, Honolulu Emergency Medical Services Department, Coast Guard, U.S . Marine Corps, Airbus, National Weather Service, Boeing, Patrol Squadron, Patrol, AP, Business, Korean Air, Marine Corps Base Hawaii, University of Hawaii Locations: Hawaii, Honolulu, Kaneohe, U.S, York, Kaneohe Bay, Illinois, Whidbey, Washington, Korean, Iranian, Oahu
A deal for a temporary cease fire was inching into view in Israel's war against Hamas, but Prime Minister Benjamin Netanyahu tempered expectations by vowing that the war would continue even if a deal is reached. “We are at war, and we will continue the war,” he said. Israel has vowed to continue the war until it destroys Hamas’ military capabilities and returns all hostages. Turkish President Recep Tayyip Erdogan, whose government maintains ties with Hamas officials, said Turkey’s foreign minister and intelligence chief were working with Qatari officials to negotiate releases. Hamas has released four hostages, Israel has rescued one, and the bodies of two were found near Shifa.
Persons: Benjamin Netanyahu, Netanyahu, Israel, Gaza — Israel, NETANYAHU, , , Mostafa Madbouly, ” Madbouly, Israel —, Hadas Kalderon, Kalderon, John Kirby, Kirby, “ We’ve, ” NETANYAHU, , ” Netanhayu, Khalil al, Hayya, Valdis Dombrovskis, ” BIDEN, WASHINGTON, Joe Biden, ” “, ” Biden, Biden's, Recep Tayyip Erdogan, Erdogan, Abdelmadjid Tebboune, Tebboune, ” Tebboune, ” Erdogan, Israel’s, Asad, Assad, Qassim Abdul, Bassem, Tara Copp, Benjamin Netanyahu’s, Sergey Lavrov, Lavrov, ” Lavrov, Ziad Makary, Farah Omar, Rabih Maamari, Kfar Kila, Laiqa Serhan, Reuters videojournalist, Abduallah, Qatar’s Al, Izzat, Ismail Haniyeh, Goren, Tal Chaimi, ” Netanyahu, Mosab Abu Toha, Hamza Abu Toha, Mosab, Hamza, ” Mosab Abu Toha, Abu, Abu Toha Organizations: Hamas, Senior, Palestinian, Troops, Health Ministry, West Bank, WAR, JERUSALEM, CAIRO —, Israel, White, National Security, Israel —, European Union, ” EU, HIT ISRAEL, Algerian, International Criminal, Hezbollah, Cabinet, MUSLIM, Arab League, Organization of Islamic Cooperation, United Nations Security Council, Lebanese, National News Agency, Reuters, Agence France, Jazeera, SEA DUBAI, United Arab Emirates, Galaxy Leader, U.S . Navy, OFFICIAL, PEN, Yorker Locations: Israel, United States, Qatar, Gaza, Gaza City, Gaza —, Iran, Yemen, Egypt, Cyprus, israel, Israeli, EGYPT, CAIRO, TEL AVIV, HAIFA, Beirut, EU, STRASBOURG, France, TURKEY, ALGERIA, GAZA ALGIERS, Algeria, Turkey, Turkish, BAGHDAD, Iraq, U.S, al, Baghdad, Anbar, Syria, Zahra, Bassem Mroue, Washington, JERUSALEM, , Russian, Moscow, Russia, LEBANON, ISRAEL, BEIRUT, Lebanon, Kibbutz Manara, Kfar, IRAN, YEMEN, United Arab, Tehran, American, Red, Persian, Hormuz, Shifa
HONOLULU (AP) — A U.S. Navy plane overshot a runway and splashed into a bay in Hawaii on Monday, but authorities said all nine people aboard made it safely to shore with no injuries. The P-8A aircraft overshot the runway at a Marine base on Kaneohe Bay, said U.S. Marine Corps spokesperson Gunnery Sgt. Patrol squadrons were once based at Kaneohe Bay, but now they deploy to Hawaii on a rotational basis. Marine Corps Base Hawaii is about 10 miles (16 kilometers) from Honolulu on Oahu. The base sits on Kaneohe Bay, which is also home to coral reefs, a breeding ground for hammerhead sharks and a University of Hawaii marine biology research institute.
Persons: Petty, Ryan Fisher, , Orlando Perez, Chesley “ Sully ” Sullenberger, Diane Dircks, Malcolm K, Medrano, Thomas Vaughan, It's, Jennifer Sinco Kelleher, Dupuy Organizations: , U.S . Navy, Coast Guard, U.S . Marine Corps, Hudson, Airbus, Honolulu Fire Department, National Weather Service, Boeing, Patrol Squadron, Patrol, Marine Corps Base Hawaii, University of Hawaii, Associated Locations: HONOLULU, U.S, Hawaii, Kaneohe, York, Illinois, , Honolulu, Whidbey, Washington, Oahu, New York City
JERUSALEM (AP) — Israel said Yemen's Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route on Sunday, raising fears that regional tensions heightened over the Israel-Hamas war were playing out on a new maritime front. There was no immediate comment from the Houthis, an Iran-backed rebel movement in Yemen that threatened earlier Sunday to target Israeli-linked vessels in the Red Sea. Netanyahu's office condemned the seizure of the Galaxy Leader, a vehicle carrier, as an “Iranian act of terror." The Israeli military called the hijacking a “very grave incident of global consequence." The Houthis have repeatedly threatened to target Israeli ships in the waters off Yemen.
Persons: — Israel, Yemen's Houthi, Houthi, Benjamin Netanyahu's, Abraham “ Rami ” Ungar, Ungar, ___ Gambrell Organizations: JERUSALEM, Galaxy Leader, Ray Car Carriers, Associated Press, AP, AIS, Ships, United Kingdom Maritime Trade Operations, U.S . Navy, Hamas Locations: Israel, Iran, Yemen, Red, Bahamas, British, Gulf of Oman, Jeddah, Saudi Arabia, Korfez, Turkey, Pipavav, India, Persian, Yemen’s, Hodeida, Eritrea, The, Egypt’s Suez, Mandeb, Africa, Gaza, Dubai, United Arab Emirates
ATLANTA (AP) — Reactions to the death of Rosalynn Carter, former first lady and global humanitarian:___President Joe Biden said the Carters “brought grace” to the White House. “There was no greater advocate of President Carter, and their partnership set a wonderful example of loyalty and fidelity. “The State of Georgia and the United States are better places because of Rosalynn Carter," Ossoff said in a statement. “Georgia Democrats join our entire state, nation, and the world in mourning the loss of former First Lady Rosalynn Carter – an extraordinary humanitarian, fierce mental health advocate, and beloved daughter of Georgia," Williams said. In lieu of flowers, Carter requested that those wishing to honor her memory do so through contributions to the Carter Center’s Mental Health Program or the Rosalynn Carter Institute for Caregivers, the statement said.
Persons: Rosalynn Carter, Joe Biden, , , ” Biden, Jimmy Carter, ___, George W, Bush, Carter, ” Bush, Laura Bush, Sen, Jon Ossoff, Ossoff, ” ___, Donald Trump, Carter “, ” Trump, Melania Trump, ” Melania Trump, Nancy Pelosi, Lady Carter, ” Pelosi, Bill, Hillary Clinton, Andre Dickens, ” Dickens, Georgia —, Lady Rosalynn Carter, Michelle Obama, I’ll, Obama, Nikema Williams, Rosalynn Carter –, Williams Organizations: ATLANTA, Air Force, U.S, Navy, Georgia, Carter Center, Habitat, Humanity, Truth, World Health Organization, Carter, Atlanta, White, Rep, Democratic Party of Georgia, “ Georgia Democrats, Mental Health Locations: Norfolk , Virginia, Georgia, The State, United States, Latin America, Atlanta,
Anheuser-Busch says U.S. marketing head is leaving
  + stars: | 2023-11-16 | by ( Marley Jay | ) www.cnbc.com   time to read: +1 min
Beer giant Anheuser-Busch says its head of U.S. marketing is leaving, months after its Bud Light brand lost its position as the top beer brand in the country. The company said U.S. Chief Marketing Officer Benoit Garbe will leave at the end of 2023 "in order to embark on a new chapter in his career," with U.S. Chief Commercial Officer Kyle Norrington taking charge of marketing activities. The company said other sales leaders will report directly to Anheuser-Busch CEO Brendan Whitworth. Bud Light lost its U.S. leadership title to Modelo Especial over the summer. Sales of the brand have been falling for years while Modelo's parent, Constellation Brands, gained steam and marketed itself more successfully to younger beer drinkers.
Persons: Bud Light, Benoit Garbe, Kyle Norrington, Brendan Whitworth, Whitworth, influencer Dylan Mulvaney, influencers Organizations: Anheuser, Busch, Bud, ., U.S, Modelo Especial, Constellation Brands, NCAA, women's, Conservative
These are then smuggled into the United States, the officials say. Last month, the United States imposed sanctions on 28 people and entities involved with the international proliferation of illicit drugs, including a large China-based network. Biden is also due to meet with Mexican President Andres Manuel Lopez Obrador in San Francisco. In San Francisco, state and local officials have tried to clean up drugs from the city's streets, with limited success. "We know San Francisco - and cities across the United States - will benefit from more targeting of the trafficking and production of fentanyl worldwide," a spokesperson for Breed said in a statement.
Persons: Joe Biden, Xi Jinping, Biden, Xi, Mike Odeh, Jake Sullivan, Washington, General Merrick Garland, Andres Manuel Lopez Obrador, Alicia Barcena, Brooke Jenkins, Mayor London Breed, Breed, Michael Martina, Sayantani Ghosh, Michelle Nichols, Josie Kao Organizations: Customs, Port, U.S . Customs, FRANCISCO, U.S, Economic Cooperation, United, city's, APEC, U.S . Centers for Disease Control, Prevention, . National, Washington, Biden, Institute of Forensic Science, China's Ministry of Public Security, Commerce, San Francisco . Mexican Foreign, Mayor London, Thomson Locations: Arizona, Mexico, Nogales , Arizona, U.S, Asia, Pacific, San Francisco, United States, China, CHINA, MEXICO, Washington, San Francisco . Mexican, Francisco's
UNITED NATIONS (AP) — After four failed attempts, the U.N. Security Council is trying for a fifth time to come up with a resolution on the Israel-Hamas war, but it remains to be seen whether serious divisions can be overcome to produce a consensus on wording. The current draft under negotiation would demand “immediate extended humanitarian pauses” throughout the Gaza Strip to provide civilians with desperately needed aid. The 15-member council, which has the responsibility for maintaining international peace and security, has been paralyzed since the war began by its internal divisions. But unlike Security Council resolutions, General Assembly resolutions are not legally binding, though they are a barometer of world opinion. Of the five veto-holding Security Council members, Russia, China and France voted in favor, the United States voted against and the United Kingdom abstained.
Persons: , Richard Gowan, U.N, , ” Gowan Organizations: UNITED NATIONS, . Security, Malta, Associated Press, United, Israel, International Crisis, Russia, Security Locations: Israel, Gaza, China, Russia, United States, Brazil, U.S, United Nations, France, United, Egypt, Balkans, Syria
"I believe Alsu was detained wrongfully. I hope the United States can use every avenue available to it to secure her speedy release, including her designation as a wrongfully detained person," Butorin told a news briefing. When Wall Street Journal reporter Evan Gershkovich was arrested in Russia in March on spying charges that he, his paper and the Biden administration all deny, the State Department declared him wrongfully detained just 12 days later. Jeffrey Gedmin, acting president of RFE/RL, said the news outlet was working with the State Department in a bid to secure the designation. State Department spokesperson Matthew Miller, asked about Kurmasheva's case at a daily news briefing, said no one should read anything into the amount of time taken to reach a decision.
Persons: Mark Trevelyan, , Alsu, Pavel Butorin, Butorin, Evan Gershkovich, Biden, Gershkovich, Kurmasheva, Jeffrey Gedmin, Matthew Miller, Simon Lewis, David Gregorio Organizations: Mark Trevelyan LONDON, U.S, Radio Free, Radio Liberty, RFE, U.S . Congress, State Department, Kremlin Locations: American, Radio Free Europe, Russia, United States, U.S, Moscow, Washington
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. The chip industry newsletter SemiAnalysisas reported earlier that Nvidia plans to release new artificial intelligence chips aimed at the Chinese market less than a month after the U.S. tightened rules on selling high-end AI chips to China. The new rules put a cap on how much computing power a chip can pack into a small size. SemiAnalysis said the new Nvidia chips are called the HGX H20, L20 PCIe and L2 PCIe and the company could announce them on Nov. 16. "It is not difficult to imagine that as long as Washington remains committed to 'choking' China, the game of 'catch me if you can' will continue indefinitely," the newspaper said.
Persons: Dado Ruvic, SemiAnalysis, Robert Birsel Organizations: NVIDIA, REUTERS, Rights, Nvidia, Global Times, U.S, Shanghai, Thomson, Reuters Locations: China, U.S, Washington
Republican presidential candidate and former U.S. President Donald Trump holds a campaign rally at Ted Hendricks Stadium in Hialeah, Florida, U.S. November 8, 2023. The report was based on interviews with several advisers, including Stephen Miller, who oversaw Trump's first-term immigration policies, the Times said. To aid U.S. Immigration and Customs Enforcement (ICE) in sweeping roundups of undocumented people, Trump would reassign federal agents and deputize local police and National Guard troops volunteered by Republican-run states, the report said. To underwrite the massive operation if Congress refused, Trump would redirect Pentagon funds as he did with his border wall in his first term, the Times said. That was a 1954 campaign named after an ethnic slur - Operation Wetback - to detain and expel Mexican immigrants.
Persons: Donald Trump, Ted Hendricks, Octavio Jones, Stephen Miller, Trump's, Trump, Eisenhower, Jonathan Landay, Daniel Wallis Organizations: REUTERS, Rights, Former U.S, New York Times, Times, Immigration, Customs Enforcement, National Guard, Republican, Thomson Locations: Hialeah , Florida, U.S, Former, United States, Iowa
NEW YORK (AP) — Jezebel, the sharp-edged feminist website founded at the height of blogosphere era, is shutting down after 16 years, its parent company announced Thursday. G/O Media said 23 staffers would be laid off, including Jezebel's team, as part of a restructuring to cope with economic headwinds and a difficult digital advertising environment. The New York-based company also announced the departure of G/O Media editorial director Merrill Brown. In a memo to the company, G/0 Media CEO Jim Spanfeller said he made the “very, very difficult decision to suspend publication of Jezebel” after an unsuccessful search for a buyer for the website. In 2019, Jezebel became part of the G/0 Media portfolio, which also includes Gizmodo, Quartz, the Onion and the Root.
Persons: Merrill Brown, Jim Spanfeller, Jezebel ”, Spanfeller, Anna Holmes, Jezebel, Jim Spanfeller’s, Laura Bassett, , Lauren Tousignant Organizations: O Media, Gawker Media, WGA, Media Locations: New York
[1/2] A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. The U.S. banking sector was in turmoil in the spring as Silicon Valley Bank abruptly collapsed after grappling with large amounts of unrealized losses spurred by rapidly rising interest rates. She said reinflation was a risk, especially if banks do not correctly anticipate interest rate moves and adjust their portfolios appropriately. That led to unrealized losses across the sector coming under closer scrutiny. Global banking and securities regulators are also still grappling with the fallout from the collapse of Credit Suisse Group (CSGC.UL).
Persons: Sarah Silbiger, Ana Arsov, Arsov, reinflation, ” Arsov, Tim Wennes, Paul Servais, Paritosh Bansal Tatiana Bautzer, Megan Davies, Lisa Shumaker, David Gregorio Our Organizations: El Progreso Market, Washington , D.C, REUTERS, Reuters, Banco Santander, Global, Credit Suisse Group, UBS, Jean, International Organization of Securities Commissions, Financial, Swiss, Thomson Locations: Mount Pleasant, Washington ,, U.S, SVB
U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. "This is going to overshadow anything that happens at APEC," said Oriana Skylar Mastro, a Stanford University China expert. Biden will welcome other APEC leaders - including from Vietnam, the Philippines, Canada and Mexico - and both he and Xi will be playing to the gallery. "Our door is open to any country or economy facing PRC (People's Republic of China) economic coercive threats," Melanie Hart, a senior China policy adviser at the State Department, said on Monday. That would include "companies flocking to meet with Xi Jinping and have dinner with him," he said.
Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Oriana Skylar Mastro, Xi, Biden, Victor Cha, Washington, Matthew Goodman, Goodman, Janet Yellen, Melanie Hart, Donald Trump, Jude Blanchette, Michael Martina, David Brunnstrom, Trevor Hunnicutt, Laurie Chen, Michelle Nichols, Josie Kao Organizations: REUTERS, Rights, San, Economic Cooperation, U.S, APEC, Stanford University China, Biden, Beijing, Washington's Center, Strategic, International Studies, China, Protesters, White, Treasury, Washington, People's, State Department, Pew Research, Prosperity, CSIS, Thomson Locations: Bali , Indonesia, San Francisco, Asia, Bali, Beijing, China, China . U.S, Washington, Taiwan, South China, Vietnam, Philippines, Canada, Mexico, U.S, People's Republic of China
The administration approved five U.S. LNG export licenses to serve the European market following Russia's invasion, having approved none beforehand. U.S. special climate envoy John Kerry told Reuters last year that greenhouse gas emissions were an inevitable "downside" to increasing LNG exports to European allies. CO2 emissions from the energy-intensive process of liquefying gas for export mark only one stage in the industry's overall climate impact. Critics argue that it is unclear whether the U.S. gas export boom to Europe is displacing coal or delaying a transition to renewables like solar and wind. NextDecade Corp has said its proposed terminal near Brownsville, Texas, could remove more than 90% of its expected 6.4 million tons per year of carbon emissions.
Persons: Arathy, Biden, John Kerry, Robert Fee, Critics, Alexandra Shaykevich, Sempra, Susan Richardson, Tim McLaughlin, Richard Valdmanis, Suzanne Goldenberg Organizations: Reuters, Cheniere Energy, United, U.S . Environmental Protection Agency, Federal Energy Regulatory, Biden White, LNG, The Energy Department, FERC, U.S, Energy Information Administration, Reuters Graphics, Washington, Venture Global, CCS, SEC, Talos Energy, NextDecade, Thomson Locations: Freeport, U.S, Freeport , Texas, United States, Russia, Ukraine, Europe, Texas, Cameron, Louisiana, Brownsville , Texas
Nurphoto | Nurphoto | Getty ImagesBEIJING — Most consumers in China are planning to keep a lid on spending during this year's Singles Day shopping festival, which ends Nov. 11. That's according to a survey of more than 3,000 consumers in the country by Bain and Company, released Tuesday. Originally launched by Chinese e-commerce giant Alibaba , Singles Day has expanded from a one-day shopping festival into a multi-week period of shopping promotions across different online platforms in China. Bain estimates that including other platforms, Singles Day e-commerce GMV rose by 3% to 934 billion yuan ($128.25 billion) in 2022. When factoring in another 181 billion yuan in livestreaming and content-led e-commerce, the total GMV for last year's festival topped 1 trillion yuan ($140 billion), the report said.
Persons: Bain, , James Yang, Yang, Livestreaming Organizations: Nurphoto, Getty, Bain and Company, Bain, Adobe Analytics Locations: Lianyungang, East China's Jiangsu Province, BEIJING, China, Chinese
Given the U.S. gives Israel $3.8 billion a year in military aid, Sanders said, "We have a right to say, 'Sorry, you need a new military strategy.'" Israeli officials say Hamas uses civilians and hospitals as cover and prevents civilians from leaving combat zones. Multiple U.S. officials say they have been able to influence its conduct in the war somewhat. At the time it was the most military aid the U.S. had given any country. U.S. lawmakers who back a ceasefire support Israel eradicating the Iranian-backed Hamas, but some say Israel's strategy will backfire.
Persons: Joe Biden, Leah Millis, Biden, Bernie Sanders, Israel, Sanders, CNN's, Joe Biden's, Antony Blinken, Blinken, , Barack Obama, Kamala Harris, Aaron David Miller, Raphael Cohen, ” Cohen, Pramila Jayapal, Obama, Simon Lewis, Humeyra Pamuk, Doina, Steve Holland, Heather Timmons, Howard Goller Organizations: Franciscan Action, Palestinian, REUTERS, United Nations, Independent U.S, Hamas, Union, Democratic, State Department, U.S, Republicans, Rand Corporation, Thomson Locations: Israel, Washington , U.S, Gaza, U.S, Washington, Baghdad, London, United States, Ukraine, Russia, Saudi Arabia, East, Iran
HONG KONG (AP) — Asian shares advanced on Friday after Wall Street roared higher on bets that market-rattling interest rate hikes are coming to an end. On Wall Street, the S&P 500 leaped 1.9% Thursday to 4,317.78 for its fourth straight winning day. Starbucks jumped 9.5% after reporting stronger profit and revenue for the latest quarter than Wall Street forecast. On the losing end of Wall Street was Moderna, which sank 6.5% after reporting a much worse loss for the latest quarter than analysts expected. More swings could be coming for Wall Street.
Persons: Seng, Australia’s, Korea’s Kospi, Sensex, It’s, Jerome Powell, Eli Lilly's, Brent Organizations: Shanghai, Federal Reserve, Dow Jones Industrial, Nasdaq, Big U.S, Starbucks, Fair, Moderna, Wall, New York Mercantile Exchange, U.S . Locations: HONG KONG, Tokyo, China, U.S
Located just north of Miami Beach, the Shul of Bal Harbour is in the heart of South Florida's Jewish community. If Florida is to regain its status as a perennially competitive state, how Jewish voters perceive Biden's handling of the Israel-Hamas war will be critical. In South Florida, rabbis and community leaders are pushing their congregations to call their lawmakers and insist they back Israel as it ramps up its offensive. About 43% of Florida's Jewish voters supported Donald Trump in the 2020 presidential election, compared with 30% of Jewish voters who supported him nationwide, according to AP VoteCast. Ron DeSantis won 45% of Jewish voters in his re-election, when he flipped traditionally Democratic Miami-Dade County while also winning a majority of Latino voters statewide.
Persons: Ron DeSantis, Joe Biden's, , Georg Lipsztein, Donald Trump, he’s, Debbie Wasserman Schultz, Biden, “ I’ve, Israel, Eric, Jacob Solomon, , Lauren Book, Rabbi Andrew Jacobs, ” Jacobs, Julio Frenk, Nicole Segal Organizations: Florida Gov, Republican, Gaza, Democratic, Miami, U.S, Rep, GOP, Florida International University, East Institute, AP VoteCast ., AP VoteCast . Florida Gov, Democratic Miami, Brandeis University, Greater Miami Jewish Federation, Israel Zionist, Florida State Senate, Associated Press, Stanford University, Cornell University, University of Miami, Israel Locations: SURFSIDE, Florida, Miami Beach, Bal Harbour, South, Israel, South Florida, DeSantis, Dade County, Fort Lauderdale, Michigan, Gaza, Washington, AP VoteCast . Florida, Miami’s, Pompano Beach, Central, South America, U.S, North America, Ramat, United States, California, New York
The tiny, half-pint cartons of milk served with millions of school lunches nationwide may soon be scarce in some cafeterias, with districts across the country scrambling to find alternatives. The problem is not a shortage of milk itself, but the cardboard cartons used to package and serve it, according to dairy industry suppliers and state officials. The shortage is affecting the company’s ability to “fully supply some school milk orders,” according to Matt Herrick, spokesperson for the International Dairy Foods Association. In Clarence, New York, local school district officials told parents they plan to provide “small bottles of water or cups of milk with lids” if the cartons run out. In Everett, Washington, school officials told parents to expect a disruption in cafeteria milk supply that could “range up to several months.”Herrick said U.S. milk processors are working with other package suppliers to resolve the shortage.
Persons: North America ”, , Matt Herrick, , Jayme Taylor, , ” Herrick Organizations: International Dairy Foods Association . School, U.S . Department of Agriculture, Nutrition Service, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Lake Forest , Illinois, North America, New York , Pennsylvania, California, Washington, U.S, Clarence , New York, Lake Stevens , Washington, Seattle, , Everett , Washington
Flags with the Novo Nordisk logo flutter outside their Danish company's offices in Copenhagen, Denmark, September 26, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsCOPENHAGEN, Nov 2 (Reuters) - Novo Nordisk (NOVOb.CO) on Thursday reported record sales and operating profits for the third quarter but said it would keep in place restrictions on supplies of its hugely popular Wegovy weight-loss drug. Wegovy sales totaled 9.6 billion Danish crowns ($1.36 billion) between July and September, up 28% from the previous quarter and up eight-fold from the same period last year. In August, Novo said the curbs on Wegovy supplies would most likely extend into 2024. Sales grew 29% year-on-year to 58.7 billion Danish crowns ($8.33 billion), while operating profit (EBIT) rose 33% to 26.9 billion, both in line with preliminary numbers released last month.
Persons: Tom Little, Wegovy, Novo, Eli Lilly, Jacob Gronholt, Pedersen, Terje Solsvik Organizations: Novo Nordisk, Danish, REUTERS, Rights, European Union, U.S . Food, Drug Administration, Thomson Locations: Copenhagen, Denmark, U.S, United States
Six of the 11 major S&P 500 sectors were trading lower, with information technology (.SPLRCT) leading losses. Pfizer's shares (PFE.N) fell 1.5% after the drugmaker reported its first quarterly loss since 2019. U.S. equities are tracking their third straight month in the red, with the S&P 500 (.SPX) and the Nasdaq (.IXIC) on course for their worst October since 2018. The Fed kicks off a two-day monetary policy meeting on Tuesday. The Fed's commentary on Wednesday would be crucial in assessing how long monetary policy could stay restrictive amid recent signs of economic strength.
Persons: Brendan McDermid, Andrew Hunter, Amruta Khandekar, Shashwat Chauhan, Saumyadeb Chakrabarty, Shounak Dasgupta, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Corp, Dow, Nasdaq, Federal, Nvidia, Microsoft, Caterpillar, Chicago PMI, Capital Economics, Dow Jones, PDD Holdings, VF Corp, Vans, Arista Networks, Sarepta Therapeutics, NYSE, Thomson Locations: New York City, U.S, China, Bengaluru
[1/3] Jordanians gather during a protest in support of Palestinians in Gaza, amid the ongoing conflict between Israel and Hamas, in Amman, Jordan, October 27, 2023. Jordan neighbours Syria and Iraq - both states where Iranian proxies operate - and also sits next door to Israel and the Israeli-occupied West Bank. A Jordanian army spokesperson said on Sunday that Amman had requested that U.S. Patriot missiles be deployed in Jordan. He said Jordan's military and security forces were determined "to prevent any party in these Iranian militias from exploiting the Gaza war to achieve a security breakthrough". Iranian-backed militias hold sway on Syria's southern border with Jordan and Amman blames them and Iran for running a thriving drugs smuggling business.
Persons: Al Sukhni, Jordan, King Abdullah, Abu Nuwar, Amman, Jordan . Washington, Washington, Al Maitah, Maitah, Saddam Hussein, Asad, Bashar al, Assad, Israel, Saud Al Sharafat, Suleiman Al, Phil Stewart, Edmund Blair, Angus MacSwan Organizations: Hamas, REUTERS, West Bank, Reuters, U.S . Patriot, East, Washington, U.S, Embassy, Area Defense, Patriots, Pentagon, Patriot, Hezbollah, Jordan's General Intelligence, Thomson Locations: Gaza, Israel, Amman, Jordan, Jordan's, Jordanian, AMMAN, Washington, Iran, Syria, Iraq, Palestinian, U.S, Jordan ., United States, Ain, Lebanese, Red Sea, Eilat, Aqaba, Yemen, Khalidi
The United States is working very closely with its trading partners in the Indo-Pacific region to help build economic resilience, said U.S. Trade Representative Katherine Tai. The Indo-Pacific Economic Framework (IPEF) initiative, launched in May last year by U.S. President Joe Biden, is looking to announce a number of initiatives soon, Tai told CNBC's Martin Soong on the sidelines of the G7 trade ministers' summit in Osaka, Japan. "We are demonstrating the vision that we created with respect to the IMF, which is in a time of many economic challenges with the need to cooperate with our partners in the Indo-Pacific region to promote sustainability, resilience and inclusivity," she said. "We also know that we can't wait around for five or seven years for a massive trade negotiation to be completed," Tai said.
Persons: Katherine Tai, Joe Biden, Tai, CNBC's Martin Soong Organizations: Trade, Economic, U.S, IMF Locations: States, Osaka, Japan
Pentagon Says Troops Are Being Deployed to Middle East to Aid U.S. DefenseRoughly 900 troops have deployed or are getting ready to leave for the Middle East as part of the U.S. surge to bolster air defense support for U.S. forces who have come under attack in the region amid the Israel-Hamas conflict. Photo: Kevin Wolf/AP
Persons: Kevin Wolf Organizations: Pentagon, Troops, Aid U.S, Defense Locations: U.S, Israel
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