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☆ Here's what you need to know about a blockbuster court fight over Cuba's debt
▼ + stars: | 2023-01-20 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com time to read: +6 min

The legal battle is over a portion of Cuba's unpaid commercial debt dating back to the 1980s. If they don't reach a deal, Cuba could then face yet another court fight over whether it finally has to pay. Because of the U.S. embargo against Cuba, American investors are prohibited from owning and trading Cuban debt, which frustrates some frontier-market hedge fund managers in the U.S. They argue that holding Cuban debt would better serve U.S. foreign policy interests because it would give Americans a seat at some future negotiating table. CRF, meanwhile, says in court filings that it first reached out to Cuba 10 years ago to settle the debt but were ignored.

☆ George Santos says his mom was in the World Trade Center on 9/11. Records show she wasn't in the U.S.
▼ + stars: | 2023-01-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +3 min

WASHINGTON — Rep. George Santos, R-N.Y., has claimed that his mother was at her office inside the World Trade Center during the 9/11 terror attacks, but records obtained by NBC News on Wednesday show she was living in Brazil at the time. She later applied for re-entry and was re-admitted into the U.S. in 2003, the records show. In 2021, when he was running for Congress, Santos claimed in a reply to an account on Twitter that 9/11 claimed his mother’s life. Calzareth, who’s originally from Nassau County but not Santos’ congressional district, submitted the FOIA requests about Santos’ mother in late December 2022. But House Republicans awarded him slots on two committees after pressure to prevent him from being seated on congressional panels.

☆ A top McDonald's security exec said the CEO repeatedly undermined him — and even barred him from riding with him on the corporate jet — in a new racial-discrimination lawsuit
▼ + stars: | 2022-12-20 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

Michael Peaster, a Black McDonald's security executive, is suing the chain and its CEO. Yet according to a racial-discrimination lawsuit that Peaster filed this month, the CEO ignored the 35-year McDonald's veteran for the better part of a year. "It was retaliatory against Michael Peaster based on his respectful but legitimate contradiction of Kempczinski on the subject of race." A representative for Peaster told Insider via email: "Michael Peaster had the same job since 2010. In January 2020, two Black McDonald's executives, Vicki Guster-Hines and Domineca Neal, filed a discrimination lawsuit against McDonald's.

☆ Higher yields in Japan could cause them to leave the market, says Michelle Caruso-Cabrera
▼ + stars: | 2022-12-20 | 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 EmailHigher yields in Japan could cause them to leave the market, says Michelle Caruso-CabreraCNBC contributor Michelle Caruso-Cabrera and Bleakely's Peter Boockvar, join 'The Exchange' to discuss Bank of Japan shocking the markets with bond yield shift.

☆ China seems very committed to turning around the economy, says Michelle Caruso-Cabrera
▼ + stars: | 2022-12-19 | 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 EmailChina seems very committed to turning around the economy, says Michelle Caruso-CabreraMichelle Caruso-Cabrera, CNBC contributor, joins ‘Squawk Box’ to discuss the economic recovery challenges for China as the country ended its zero covid policy following rare widespread protests.

☆ Lanvin Group to open stores, hunt buys after U.S. SPAC listing
▼ + stars: | 2022-12-15 | by ( Casey Hall | ) www.reuters.com time to read: +3 min

SHANGHAI, Dec 15 (Reuters) - Chinese luxury fashion conglomerate Lanvin Group, owner of the eponymous French fashion brand, said it is scouting for buys and will open new stores, after a New York SPAC listing on Thursday that raised $150 million and valued it at $1.31 billion. U.S.-listed shares of Lanvin opened about 4% higher at $10.25, and more than doubled to $20.25 in early trade. However, we still feel quite happy about what we have achieved in such a challenging environment," Lanvin Group Chairman and Chief Executive Joann Cheng told Reuters in an interview. Group revenue for the company, which was originally known as Fosun Fashion Group before it rebranded as Lanvin Group in October last year, grew 73% year-on-year to 202 million euros ($215 million) in the first half of 2022. Lanvin Group's listing will test investor appetite in less-established luxury groups.

What is it with Elon Musk and pronouns? The implication that respecting someone’s pronouns is somehow an imposition that could potentially result in ostracizing is also wildly off base. And if you can’t even accept something as basic as someone’s pronouns and identity, you’re making it pretty clear that you do not support their civil rights and liberties. The implication that respecting someone’s pronouns is somehow an imposition that could potentially result in ostracizing is also wildly off base. At the end of the day, it costs nothing to respect someone’s pronouns.

The city's homelessness crisis, both an incubator for street crime and a corollary to skyrocketing housing costs, touches almost every facet of life in L.A., even when it's just a backdrop. Bass vowed Sunday to attack it head-on by declaring a citywide state of emergency, an idea that had been circulating through City Hall since at least 2015. Bass is promising a new day and inspiring L.A.'s guardians to forget about the bickering, at least for a moment. "Where there’s will, there’s women," she said. "And where there’s women, there’s forever a way."

☆ New LA Mayor Karen Bass to declare state of emergency on homelessness
▼ + stars: | 2022-12-11 | by ( Maeve Reston | ) edition.cnn.com time to read: +3 min

CNN —Karen Bass was sworn in as the first female mayor of Los Angeles on Sunday, marking another historic achievement in her career. Kamala Harris – the first woman and first woman of color to become vice president – administered the oath of office at Los Angeles City Hall. Bass focused her remarks Sunday on her plans to solve the city’s housing crisis, with some 40,000 people living on the streets, and said her first act as mayor will be to declare a state of emergency on homelessness. Bass’ plan calls for housing 15,000 people by the end of one year and ending tent encampments using existing funding. Elected to the California state Assembly in 2004, Bass made history some four years later as the first Black woman to serve as speaker of any state legislature.

☆ Uber Eats report reveals wild delivery cravings for 2022 – from Choco Taco to celery juice. Here are the wackiest trends and requests.
▼ + stars: | 2022-12-08 | by ( Nancy Luna | ) www.businessinsider.com time to read: 1 min

Uber Eats noted this uber-specific delivery request from a butter fanatic: "Hi there. This is going to sound insane, but would you be so kind and put a disturbing amount of butter on my grilled cheese? Like, you're going to need the Red Cross Emergency Rapid Response team on site and provide me with astronaut diapers — just in case." Double cheddar and tomato jam grilled cheese. Maren Caruso/Laura Werlin

☆ You can't understate the risk each protestor undertakes in China, says Michelle Caruso-Cabrera
▼ + stars: | 2022-11-28 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou can't understate the risk each protestor undertakes in China, says Michelle Caruso-CabreraMichelle Caruso-Cabrera, CNBC contributor, joins 'Squawk on the Street' to discuss the developments from the weekend in China, how Jinping avoids calls for resignation, and how the unification with Taiwan will play out.

A gunman opened fire at an LGBTQ nightclub in Colorado Springs, Colorado, Saturday night, killing five people and injuring 19 others. The shooting at Club Q is a tragic yet predictable outcome of demonizing LGBTQ people and using children as political pawns. Run by Chaya Raichik, Libs of TikTok has targeted LGBTQ people, drag events and Pride celebrations across the country. In addition to Boebert and Libs of TikTok, political leaders like Rep. Marjorie Taylor Greene, R-Ga., and Florida Gov. We deserve to go to gay bars and drag shows or walk down the street without being attacked or harassed, or killed.

☆ Jake Gyllenhaal explores family dynamics, new terrains in 'Strange World'
▼ + stars: | 2022-11-18 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

LONDON, Nov 17 (Reuters) - Disney's new animated movie "Strange World" is an action adventure film with universal themes about family at its heart, says its star Jake Gyllenhaal. Gyllenhaal voices Searcher Clade, a farmer who grew up in the shadow of his larger-than-life explorer father and forged a very different path for himself. An environmental emergency threatening his crops forces Searcher, now a father himself, to embark on a mission in a faraway, strange world. "Strange World," which will be released globally on Nov. 23, was directed by Oscar winner Don Hall and written and co-directed by Qui Nguyen. Gyllenhaal will continue to explore family dynamics next year with his first book, a children's story called "The Secret Society of Aunts & Uncles," co-written with his friend Greta Caruso.

☆ Karen Bass Is Elected Mayor of Los Angeles, Defeating Rick Caruso
▼ + stars: | 2022-11-17 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

Rep. Karen Bass, (D., Calif.) entered public office in 2004, when she was elected to the California state Assembly. Karen Bass has become the first woman elected mayor of Los Angeles, according to the Associated Press, as the California congresswoman defeated businessman Rick Caruso in a race that remained too close to call for more than a week. Mr. Caruso, a billionaire real estate developer, began election night with a lead in early results, but mail ballots that arrived later broke in favor of Ms. Bass, a Democrat..

U.S. Rep. Karen Bass has been elected mayor of Los Angeles, NBC News projected Wednesday, making her the city's first female to hold the role. Caruso spent about $100 million on his campaign. “With my whole heart, I’m ready.”Bass is a former community organizer who became the first Black woman speaker of the state Assembly in 2008. She's the first Black woman and second Black person to be elected mayor of the country's second most populous city. The first Black mayor, Tom Bradley, held the job from 1973 to 1993.

☆ Democrat Bass wins race for Los Angeles mayor, defeating Caruso
▼ + stars: | 2022-11-17 | by ( Dan Whitcomb | ) www.reuters.com time to read: +2 min

LOS ANGELES, Nov 16 (Reuters) - Karen Bass, a Democratic U.S. congresswoman, was projected on Wednesday to beat Rick Caruso in the race for Los Angeles mayor, becoming the first woman to lead the nation's second-largest city. Caruso, a former Republican, also ran as a Democrat in deeply liberal Los Angeles, and the hard-fought campaign was too close to call until a full week after Election Day. Bass was heavily outspent by Caruso, a 63-year-old billionaire who reportedly used more than $100 million of his own money in the campaign. She succeeds outgoing Mayor Eric Garcetti, a Democrat and son of Gil Garcetti, the man who prosecuted O.J. Tom Bradley, the first Black mayor of Los Angeles, served two decades in the job, from 1973 to 1993, and the international terminal of Los Angeles International Airport was named after him.

☆ China could reshape the international world order, says Michelle Caruso-Cabrera
▼ + stars: | 2022-11-14 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina could reshape the international world order, says Michelle Caruso-CabreraMichelle Caruso-Cabrera, CNBC contributor, joins ‘Squawk Box’ to discuss the meeting between U.S. President Joe Biden and Chinese President Xi Jinping and what it means for international relations.

☆ Housing affordability is so bad that it's the only thing liberal and conservative voters can agree on
▼ + stars: | 2022-11-11 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

On Tuesday, millions of voters nationwide casted ballots in favor of affordable housing measures. "It's especially heartening to see many ballot measures that support affordable housing pass this year with a clear majority of votes." Austinites aren't the only voters desperate for affordable housing. Kansas City voters gave the green light to a $50 million affordable housing bond that will create 2,000 units in the city. This year, lawmakers brought forward proposed affordable housing bonds via Measure U in Oakland, Measure L in Berkeley and Measure ULA in Los Angeles.

☆ Caruso-Bass Race for Los Angeles Mayor Might Take More Than a Week to Resolve
▼ + stars: | 2022-11-10 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

Independent Rick Caruso and Democratic Rep. Karen Bass are vying to be the next mayor of Los Angeles, with issues such as homelessness occupying center stage. Congresswoman Karen Bass and developer Rick Caruso remained locked in a tight race for mayor of Los Angeles, as political strategists said it could take more than a week for the final result to become clear. As of Wednesday morning, Mr. Caruso was leading Ms. Bass by just more than 12,000 votes, 51% to 49%, with about 43% of the expected ballots counted, according to the Associated Press. Election administrators said they would release the next batch of results Friday in America’s second most populous city.

☆ Polls predicting a Republican wave were not accurate, says Michelle Caruso-Cabrera
▼ + stars: | 2022-11-09 | 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 EmailPolls predicting a Republican wave were not accurate, says Michelle Caruso-CabreraMichelle Caruso-Cabrera, CNBC contributor, joins 'Squawk Box' to break down the results from the midterm elections.

Karen Bass is running against Rick Caruso in Los Angeles, California's mayoral race. The Los Angeles mayoral office is nonpartisan, though the city — the second largest in the US — has elected Democratic candidates for the last five terms. Bass is a member of the US House, an office she's held since 2013 after starting her career in the California State Assembly. Caruso, who previously served as president of the Los Angeles Police Commission, has also promised to tackle rising crime rates in LA. The race between Bass and Caruso is also turning out to be one of this year's most expensive races.

☆ Karen Bass faces off against Rick Caruso in Los Angeles, California's mayoral election
▼ + stars: | 2022-11-08 | by ( Katherine Tangalakis-Lippert | Hanna Kang | ) www.businessinsider.com time to read: +1 min

☆ In Los Angeles Mayoral Race, Businessman Gains on Veteran Congresswoman
▼ + stars: | 2022-11-04 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

Like virtually every political race in Los Angeles, the contest for mayor has centered largely on homelessness. LOS ANGELES—Businessman Rick Caruso has launched back into contention to become the next mayor of Los Angeles, as record spending and a focus on homelessness and crime have tightened his race with longtime Democratic Congresswoman Karen Bass , according to campaign strategists and a recent poll. Ms. Bass bested the mall developer in June’s crowded open primary by 7 percentage points, despite his record $41 million in spending in that round. Polls over the summer showed her leading by double digits and seemingly poised to become the first woman elected mayor of America’s second-most-populous city.

☆ 'The School for Good and Evil' review
▼ + stars: | 2022-10-19 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —Although immersed in fantasy, “The School for Good and Evil” gets lost in a nether realm somewhere between Disney Channel fare like “Descendants” and more epic theatricals like Harry Potter. There’s plenty of action along the way, as well as more wasted cameos, like Patti LuPone and Michelle Yeoh. Yet if you’re going to arrive this late to the party, at least bring something significantly new to it. Granted, that’s not an easy assignment at this stage of the game, but “The School for Good and Evil” doesn’t pass the test. “The School for Good and Evil” premieres October 19 on Netflix.

"The School for Good and Evil" is a new fantasy movie set in a world where fairy tales are real. How to watch 'The School for Good and Evil'You can watch "The School for Good and Evil" on Netflix starting October 19. As of writing, "The School for Good and Evil" is a Netflix exclusive. What is 'The School for Good and Evil' based on? "The School for Good and Evil" is based on the book of the same name by Soman Chainani.

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