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The SEC has approved a rule change Thursday that would pave the way for ETFs that buy and hold ether , one of the world's largest cryptocurrencies. The decision comes less than six months after the Securities and Exchange Commission approved bitcoin ETFs. Many of the companies that sponsor bitcoin ETFs — including BlackRock, Bitwise and Galaxy Digital — have also started the process of the launching an ether fund. Specifically, the SEC's order approves applications from various exchanges to list eight different ether funds. Ether ETFs are expected to be smaller, at least initially, than their bitcoin counterparts.

Persons: FactSet, Richard Kerr, Kerr, Ethereum, Steven Lubka, Swan, Lubka Organizations: SEC, Securities and Exchange Commission, Galaxy, Swan Locations: BlackRock, Bitwise, U.S

☆ Sweeping changes to America's aging power grid are on their way to help bypass NIMBY roadblocks and state infighting
▼ + stars: | 2024-05-23 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +9 min

America's power grid is old and stressed. The main problem: It takes way too long to build towering high-voltage power lines that carry electricity across state lines and to hook up new power to the grid. AdvertisementBut upgrading the power grid gets bogged down by several issues. A new rule issued by the Federal Energy Regulatory Commission this month is aimed at tackling some of the problems. If the US doesn't invest in regional transmission lines, customers will pay the price in the form of congestion and more life-threatening outages.

Persons: Brett White, Larry Gasteiger, Allison Clements, West Virginia —, Jeffrey Shields, PJM, Shields, Manu Asthana's, Asthana, Mark Christie, Neil Chatterjee, Chatterjee, Christine Powell, Chuck Schumer, Gasteiger Organizations: Service, Business, Energy, Princeton University, Federal Energy Regulatory, Democrat, Sierra Club, Republican, Department of Energy, DOE, FERC, Earthjustice's Clean Energy, University of Chicago, wouldn't Locations: Pine, States, Maryland, Pennsylvania, West Virginia, New Jersey, California

☆ New Caledonia unrest: Tourists stranded and desperate as Macron arrives in strife-torn French territory
▼ + stars: | 2024-05-23 | by ( Jessie Yeung | Hilary Whiteman | ) edition.cnn.com time to read: +7 min

Other Australians stranded have had to go scrounge coconuts to eat,” he said. Maxwell Winchester and his wife, an Australian couple stranded in New Caledonia after the unrest broke out. But Winchester said he and other tourists have no sense of when it might be their turn. People line up at a store for supplies in New Caledonia, with larger supermarkets nearby burned and looted during the riots on the French territory. And among the stranded tourists, frustration is growing over what they say is a lack of assistance or clear instructions from their governments.

Persons: Maxwell Winchester, it’s, We’ve, ”, Emmanuel Macron, “, “ We’re, Winchester, Macron, Prisca Thevenot, Theo Rouby, we’re, – Organizations: CNN, ”, New Zealand, Facebook, Australia’s Department of Foreign Affairs and Trade, New Zealanders, Olympic, Paris Olympic Games, ” CNN, Getty Locations: South, New Caledonia, Victoria, Australian, ” Australia, New, Brisbane, Australia’s, ”, Brisbane , New Caledonia, Paris, France, “, Winchester, Noumea , New Caledonia, AFP, French

☆ Ether could surge 60% after ETFs are approved, trading firm says
▼ + stars: | 2024-05-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

The price of ether could rise 60% if spot ETFs are approved, QCP Capital wrote. The previous success of spot bitcoin ETFs serves as an example of potential upside. Eyes are currently on the second-biggest cryptocurrency as US regulators are deciding on whether to approve the first ether spot ETFs in the country. That token's stellar run was set off in mid-January when the SEC similarly greenlit spot bitcoin ETFs. What's more, head of FX Research Geoff Kendrick wrote that the spot ether ETFs are unlikely to stumble on the same issues that tormented bitcoin, such as heavy inflow volatility.

Persons: —, bitcoin, QCP, Geoff Kendrick Organizations: QCP, SEC, Service, BlackRock, [ Depository Trust, Clearing Corporation, Chartered, FX

☆ Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
▼ + stars: | 2024-05-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

A month ago, West forecast Boeing would generate free cash flow "in the low single-digit billions." The company's aircraft deliveries in the first quarter fell to the lowest level since the pandemic. Other problems have also sprung up, including a pause on deliveries of 737 Max planes to China to review batteries for the cockpit voice recorder. Parts shortages have also slowed deliveries of 787 Dreamliners, Boeing has said. American Airlines last month said it would cut some international flights because of delays of the wide-body jets.

Persons: Brian West, West, Dave Calhoun, Max Organizations: American Airlines Boeing, Reagan National, FAA, Boeing, Wolfe Research, Federal Aviation Administration, Civil Aviation Administration, China, American Airlines, United Airlines, Southwest Airlines Locations: Los Angeles, United States, Washington , U.S, China

The distribution comes several days after the US military’s pier operation launched and got off to a rocky start. “Such challenges with internal distribution are not new or unique to aid delivery from the sea,” Cooper said. The US military is also going to continue airdropping aid into Gaza, Cooper confirmed. Dieckhaus said Thursday that there are “thousands and thousands of tons” of aid in Cyprus awaiting processing to be brought across the pier. On Wednesday, “the UN reported 215 private sector trucks entering Gaza through Kerem Shalom and 115 humanitarian assistance trucks through Zikim/Erez West,” USAID said.

Persons: Brad Cooper, ” Cooper, Cooper, Daniel Dieckhaus, “, Dieckhaus, Erez West, Erez East, ” Organizations: CNN — Aid, US Agency for International Development, USAID, United States Central Command, Pentagon, Management, UN Locations: Gaza, Hamas, Cyprus, Kerem Shalom, Rafah, Erez, United States, Israel

☆ A key ether ETF deadline arrives, but SEC's Gensler won't tip his hand on approval or denial
▼ + stars: | 2024-05-23 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Circuit ruled against the SEC's denial of spot bitcoin ETFs, the regulatory agency "pivoted" and approved those funds in January. The bill sets up a regulatory framework for crypto assets. Gensler said crypto assets — and exchanges in particular exchanges — do not meet this test: "This field is not decentralized. He said crypto exchanges are "operating in ways that are conflicted in ways that traditional exchanges [are not]. Gensler says he is not against financial innovation The SEC chairman pushed back against the claim he was against financial innovation.

Persons: Gary Gensler, Eric Pan, Gensler, Joe Biden's, Pan, We'd Organizations: SEC, U.S . Securities, Exchange Commission, Investment Company, ICI Leadership Summit, U.S ., Appeals, Representatives, Innovation, Technology, Century, Futures

☆ US lawmakers call for DOJ, IOC investigations into Chinese doping before Olympics
▼ + stars: | 2024-05-23 | by ( Amy Woodyatt | George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —A doping case involving 23 Chinese swimmers took a diplomatic twist on Wednesday after US lawmakers called on the US Department of Justice and the International Olympic Committee to launch inquiries into the controversy. The Chinese swimmers tested positive for trimetazidine, a banned performance-enhancing substance, several months before the Tokyo Olympics – a tournament at which they were allowed to compete in, and went on to win medals at, according to a report from the New York Times released in coordination with German public broadcaster ARD. In a statement released Wednesday, the lawmakers called for an assessment as to whether the alleged doping was “state-sponsored,” adding that could warrant further diplomatic measures by the United States and the international community. CNN has reached out to the Department of Justice, the IOC and WADA for comment. Trimetazidine has the potential to boost endurance and has been banned by WADA since 2014.

Persons: ”, Raja Krishnamoorthi, John Moolenaar, WADA, “, ” WADA, Sarah Hirshland, Witold Banka, …, Trimetazidine, CHINADA Organizations: CNN, US Department of Justice, International Olympic Committee, Tokyo, New York Times, ARD, Olympic, Chinese Communist Party, Doping Agency, Department of Justice, IOC, European Medicines Agency, EMA, Canadian Olympic Committee, Paralympic, ”, CHINADA, Xinhua Locations: People’s Republic of China, Russia, United States, Paris, China, ”, trimetazidine

☆ Golf champ Scottie Scheffler arrest video released, officer broke body camera rules
▼ + stars: | 2024-05-23 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

Scottie Scheffler arrives to the course during the second round of the PGA Championship at Valhalla Golf Club in Louisville, Kentucky, on May 17, 2024. Detective Bryan Gillis "should have turned on his body-worn camera but did not," Louisville Metro Police Department Chief Jacquelyn Gwinn-Villaroel said at a press conference. The footage came from a pole camera and a police car dashboard camera. Some legal analysts expected the press conference to announce the reduction of felony charges against Scheffler. Scheffler's lawyer, Steven Romines, after the press conference said, "Scottie Scheffler didn't do anything wrong."

Persons: Scottie Scheffler, Ben Jared, Bryan Gillis, Jacquelyn Gwinn, Villaroel, Craig Greenberg, Gillis, Greenberg, Timothy D, Steven Romines, Romines, it'll, Scottie, Breonna Taylor, Taylor's, George Floyd, LMPD, Scheffler, —, abrasions, Ted Scott Organizations: PGA, Valhalla Golf Club, Louisville Metro Police Department, Louisville, Louisville Police, Easley, AP Louisville, Scheffler, Police, of Justice, Louisville police, DOJ, Valhalla Golf Locations: Louisville , Kentucky, Louisville, Ky, Minneapolis

☆ New Covid FLiRT variants spark concerns of a summer spike
▼ + stars: | 2024-05-22 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — New strains of Covid-19 are spreading globally, raising concerns among health professionals about a possible summer spike in cases, four-and-a-half years since the onset of the pandemic. The FLiRT variants — whose label derives from the names of the mutations in the variants' genetic code — have been rising in the U.S. and Europe as the coronavirus continues to mutate from earlier strains. Cases of KP.1.1, another FLiRT variant, have also risen to account for 7.1% of current infections, the agency said. In Europe, too, cases have been rising, with the new variant now detected in 14 countries. The World Health Organization in its latest update earlier this month said that cases remain limited in all reporting countries.

Persons: John Organizations: omicron, John Hopkins Bloomberg School of Public Health, Centers for Disease Control, World Health Organization Locations: U.S, Europe

☆ Biden’s EPA is trying to take a huge bite out of the climate crisis. But can it survive Trump’s Supreme Court?
▼ + stars: | 2024-05-22 | by ( Ella Nilsen | ) edition.cnn.com time to read: +10 min

Bottom row, from left, Associate Justice Sonia Sotomayor, Associate Justice Clarence Thomas, Chief Justice of the United States John Roberts, Associate Justice Samuel Alito, and Associate Justice Elena Kagan. Top row, from left, Associate Justice Amy Coney Barrett, Associate Justice Neil Gorsuch, Associate Justice Brett Kavanaugh, and Associate Justice Ketanji Brown Jackson. And environmental attorneys are intrigued by Barrett, who has had some tough questions for EPA’s challengers during recent Supreme Court arguments. The Supreme Court ruled in 2007 that the EPA can use its authority to regulate greenhouse gases. That gives the agency the recent Congressional direction the Supreme Court has said it so badly needs, some experts said.

Persons: Joe Biden’s, Richard Lazarus, “, Michael Regan, ” “, ” Regan, Regan’s, ” Lazarus, Samuel Alito, Clarence Thomas, Neil Gorsuch, Gorsuch, Alito, ” David Doniger, “ Alito –, ”, Reagan, Anne Gorsuch, Sonia Sotomayor, John Roberts, Elena Kagan, Amy Coney Barrett, Brett Kavanaugh, Ketanji Brown Jackson, J, Scott Applewhite, Amy Coney Barrett –, Roberts, Barrett, Kavanaugh, Sackett, “ He’s, he’s, doesn’t, Ann Carlson, ” Carlson, ” Doniger Organizations: CNN, Joe Biden’s Environmental Protection Agency, Harvard Law, EPA, Republican, Natural Resources Defense Council, Chevron, DC, Appeals, DC Circuit, University of California, Biden, Congress Locations: China, United, Virginia, University of California Los Angeles, West Virginia, Congress

☆ Middle East Crisis Norway Recognizes a Palestinian State
▼ + stars: | 2024-05-22 | by ( Emma Bubola | ) www.nytimes.com time to read: +3 min

General Ryder said that 569 metric tons of aid had made it onto Gaza’s shore but that those supplies had yet to be parceled out by humanitarian organizations. Israel not only seized the Rafah crossing on the border with Egypt but also closed the Kerem Shalom crossing into Israel. Though Israel has since reopened Kerem Shalom, only 69 trucks have entered Gaza through it in the past two weeks, according to U.N. data. That is far fewer than the number of aid trucks that were entering through the two southern border crossings before Israeli troops went into Rafah. The United Nations estimates that trucks carrying food to Gaza have been loaded with roughly 15 to 30 metric tons each.

Persons: Patrick S, Ryder, General Ryder, “, ” Organizations: Pentagon, Food, United Nations Locations: Gaza, U.S, Israel, Rafah, Egypt, Kerem

☆ Here's how Coinbase would benefit from U.S. ether ETFs if approved, according to JMP
▼ + stars: | 2024-05-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Coinbase is poised to benefit from U.S. spot ether exchange-traded funds, if they are approved, according to JMP Securities. The turnaround sent ether soaring more than 20% to start the week. ETH.CM= 5D mountain Ether 5-day chart JMP's Devin Ryan said in a note Wednesday that Coinbase could see benefits to its transaction, custody and staking businesses as a result of the introduction of ether ETFs. He also said an ether ETF approval does not necessarily signal a blessing by the SEC of the broader crypto asset class, or even comfort around all ETH use cases, such as staking. JMP has an outperform rating on Coinbase and a price target of $320, implying nearly 42% upside from Tuesday's close.

Persons: Coinbase, Devin Ryan, Ryan, JMP Organizations: JMP Securities, U.S . Securities, Exchange Commission, SEC, Fidelity, Management Locations: Base, BlackRock

☆ CFPB says buy now, pay later firms must comply with U.S. credit card laws
▼ + stars: | 2024-05-22 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry must abide by the same federal protections as users of credit cards. The agency unveiled what it called an "interpretive rule" that deemed BNPL lenders essentially the same as traditional credit card providers under the decades-old Truth in Lending Act. "Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled to important consumer protections under long-standing laws and regulations already on the books," CFPB Director Rohit Chopra said in a release. The CFPB, which last week was handed a crucial victory by the Supreme Court, has pushed hard against the U.S. financial industry, issuing rules that slashed credit card late fees and overdraft penalties.

Persons: Rohit Chopra, —, PayPal — Organizations: Financial, Consumer Financial, PayPal, Supreme, U.S

☆ Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
▼ + stars: | 2024-05-21 | by ( Allie Kelly | ) www.businessinsider.com time to read: +12 min

Basic income has become a trending strategy to combat poverty in cities nationwide. ARPA funds have been used to partially or fully fund most US basic-income pilots so far, but funds are set to expire. While philanthropy and nonprofit work have been central to basic-income pilots, they are not always a long-term or large-scale funding solution. More GBI programs are electing to focus on specific groups of participants, like low-income parents with children and foster youth. The program is funded through the Temporary Aid to Needy Families Program (TANF), an existing federal cash assistance program for low-income families.

Persons: —, Michael Tubbs, Tubbs, It's, Tubbs —, GBI —, Marcela Díaz, let's, Díaz, Teri Olle, Olle, John Gillette, Ken Paxton, Dustin Palmer, GiveDirectly, Palmer, Shafeka Hashash, Hashash, Hashah, GBI Organizations: Service, Business, SNAP, Medicaid, Somos Un, Somos Un Pueblo Unido, Economic Security, New, New Mexico House, California Senate, Republican, South Dakota Republicans, ARPA, Pew Charitable Locations: Stockton , California, Durham , North Carolina, Birmingham, Chicago, Antonio, San Antonio, Denver, Seattle, California, New Mexico, State, Mexico, Somos, Somos Un Pueblo, Economic Security California, Arizona, Iowa, Harris County , Texas, Flint , Michigan

☆ No Gaza Aid Delivered Through U.S.-Built Pier Has Been Distributed, Pentagon Says
▼ + stars: | 2024-05-21 | by ( Gaya Gupta | More About Gaya Gupta | ) www.nytimes.com time to read: +3 min

General Ryder said that 569 metric tons of aid had made it onto Gaza’s shore but that those supplies had yet to be parceled out by humanitarian organizations. On Saturday, hungry crowds looted several World Food Program trucks transporting aid that had been delivered through the pier, prompting the agency to suspend deliveries of aid arriving at the pier on Sunday and Monday. That is a far less than the number of aid trucks that were entering through the two southern border crossings before Israeli troops went into Rafah. The 569 metric tons that have arrived at the pier so far are a fraction of the amount of aid that was entering Gaza through land routes before Israel seized the Rafah crossing. The United Nations estimates that trucks carrying food to Gaza have been loaded with roughly 15 to 30 metric tons each.

Persons: Patrick S, Ryder, General Ryder, “, ” Organizations: Pentagon, Food, United Nations Locations: Gaza, U.S, Israel, Rafah, Egypt, Kerem

☆ Israel Seizes Camera From A.P., Citing Use of Its Images by Al Jazeera
▼ + stars: | 2024-05-21 | by ( Adam Rasgon | More About Adam Rasgon | ) www.nytimes.com time to read: +1 min

Israel’s Communications Ministry confiscated camera equipment from The Associated Press on Tuesday, claiming the agency had violated a new broadcasting law by providing images of northern Gaza to Al Jazeera. The seizure was an escalation in Israel’s efforts to punish Al Jazeera, the pan-Arab broadcaster that the Israeli government voted to shut down two weeks ago. In a statement, the Communications Ministry said inspectors had gone to a location in southern Israel used by The A.P. reported that Israeli authorities had conveyed a verbal order last week to shut down the live feed, but it did not comply. Al Jazeera has said that Israel’s decision to shutter its operations in the country violated “the basic right to access of information.”

Persons: Al Jazeera, Lauren Easton, ’, Easton, Al Jazeera’s, Jazeera, ” Organizations: Israel’s Communications Ministry, Associated Press, Qatari, Communications Ministry, Al Locations: Gaza, Al Jazeera, Israel

CNN —Months before Donald Trump was indicted for mishandling classified documents, a federal judge said that investigators had “strong evidence” that the former president “intended” to hide classified documents at his Mar-a-Lago resort, according to newly released court documents. Judge Beryl Howell cited, among other things, the discovery of additional classified documents found at Mar-a-Lago months after the FBI’s search of the property in the summer of 2022. The ruling was among hundreds of pages of previously sealed filings that were publicly docketed Tuesday in the criminal classified documents case against Trump. Nauta has been charged alongside Trump and Mar-a-Lago property manager Carlos De Oliveira in the case, facing charges of mishandling sensitive or classified materials and obstruction. The case against Trump, brought last summer, is currently in front of Judge Aileen Cannon in Fort Pierce, Florida.

Persons: Donald Trump, “, Beryl Howell, ” Howell, Walt Nauta, Nauta, Carlos De Oliveira, –, Trump, Aileen Cannon, Cannon, Judge, Evan Corcoran, Howell’s, Corcoran, Howell, Barack Obama, ”, Donald Trump’s Mar, US Department of Justice Corcoran, Trump “ Organizations: CNN, Trump, Prosecutors, Mar, US Department of Justice, National Archives, Lago FBI Locations: Lago, Mar, Fort Pierce , Florida, South Florida, Palm Beach , Florida, Florida, Corcoran

☆ Dead monkeys are dropping from Mexico’s trees in brutal heat wave
▼ + stars: | 2024-05-21 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

CNN —Threatened howler monkeys have been dropping dead from trees in Mexico’s southeastern tropical forests in recent weeks amid a nationwide drought and heat waves that have sent temperatures soaring across much of the country. In a statement over the weekend, Tabasco’s Civil Protection agency attributed the monkeys’ deaths to dehydration. A source from the agency told Reuters on Monday that monkeys have been confirmed dead in three municipalities of the state. Volunteers observe dead monkeys that fell from trees amid a heat wave in Buena Vista, Comalcalco, Mexico on May 18, 2024. Mexico’s health ministry reported a preliminary count of 26 people who have died from heat-related causes between the start of Mexico’s heat season on March 17 and May 11.

Persons: Luis Manuel Lopez, I’ve, Andrés Manuel López Obrador, ”, El Niño Organizations: CNN, Reuters, International Union for Conservation of, . Volunteers, Civil Locations: Tabasco, Camalcalco, Buena Vista, Comalcalco, Mexico

CNBC reached out to the SEC about the recent batch of Wells notices sent to crypto firms, and an agency spokesperson declined to comment. Exchanges, both centralized and decentralized, would be forced to choose between registering with the SEC, or delisting ether altogether. watch nowBoth Consensys and Uniswap suggest the SEC's broad approach to classifying securities may be outdated. "The SEC is arguing that the Uniswap protocol is an unregistered securities exchange, and that the Uniswap interface and wallet are both unregistered broker brokers," Ammori said. Uniswap argues in its response to the SEC that the majority of its trading volume is obvious nonsecurities, like ether, bitcoin and stablecoins.

Persons: Marvin Ammori, “ Ammori, Wells, Consensys, overreach, Joseph Lubin, Lubin, “, —, Christopher Gerold, Laura Brookover, Brookover, ethereum, Bill Hinman, Hinman, Patrick McHenry, Gary, Crypto, haven't, Uniswap, Ammori, there's, Alma Angotti, Guidehouse, Coinbase, We've, Christina Rea, We're, CNBC's Jordan Smith Organizations: Securities and Exchange Commission, Uniswap, SEC, Ethereum Foundation, CNBC, Security, New, New Jersey Bureau of Securities, Consensys, Securities, Exchange Commission's, of Corporation Finance, Rep, Robinhood Locations: U.S, Lubin, New Jersey, ethereum, R

☆ FDIC chairman Martin Gruenberg to resign following investigations into sexual harassment at the bank regulator
▼ + stars: | 2024-05-21 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

The report also probed FDIC chairman Martin Gruenberg's strong temper. Staying in office would prevent FDIC vice chairman Travis Hill, a Republican, from becoming the agency's acting chairman. The White House said that President Joe Biden would soon nominate a new FDIC chairman and that it expects the Senate to move quickly to confirm the nominee. "I accept the findings of the reports and as chairman, I take full responsibility to anyone who has experienced sexual harassment, discrimination or other misconduct at the FDIC," Gruenberg said at the hearing. Investigators said they set up a hotline in mid-January and received more than 500 complaints — largely from current employees — about sexual harassment, discrimination, and other issues.

Persons: —, Martin Gruenberg's, Gruenberg, Travis Hill, Joe Biden, Cleary Gottlieb Steen, Hamilton Organizations: Service, Federal Deposit Insurance Corporation, Business, Democratic, Wall Street, Republican, Journal, Senate, FDIC

☆ Jamie Dimon is worried about how much the US is borrowing. Here’s why
▼ + stars: | 2024-05-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.

Persons: Jamie Dimon, ”, ” Dimon, “, Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown, Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, —, United, United Kingdom

☆ So you finally got TSA pre-check. Here's how to avoid being the most annoying person in line and get through fastest.
▼ + stars: | 2024-05-21 | by ( Joey Hadden | ) www.businessinsider.com time to read: +5 min

In the TSA PreCheck line, pre-screened travelers can go through security quickly without taking off their shoes or removing electronics or liquids from their carry-on bags. In November 2023, the TSA reported that more than 17 million Americans have TSA PreCheck. Ott said this can cause the line to move slower, but he shared his best tips for TSA PreCheck travelers. I have it in my backpack, knowing I'll put it on as soon as I get through PreCheck," Ott told BI. Be ready before it's your turnWhen you first get in line, Ott recommends having your boarding pass and identification out before it's your turn to show them.

Persons: —, Chase, John Raoux Gilbert Ott, Ott, ROBYN BECK, we'd Organizations: Service, TSA, Business, Venture, Capital, Chase Sapphire Reserve, Delta, American Express, AP, Getty

☆ Federal regulators are investigating fatal crash of VinFast EV
▼ + stars: | 2024-05-21 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Federal regulators are investigating a California crash that killed four occupants who rode in a VinFast electric SUV, which had automated steering features the owner had earlier complained about. Someone claiming to be the vehicle’s owner filed the complaint. The SUV was being driven by one of the owner’s coworkers with the coworker’s family when the fatal crash occurred, according to the complaint. The vehicle owner had complained about the performance of the SUV’s automated steering, although it’s not clear if that was a factor in the crash. It’s not clear if the vehicle’s Advanced Driving Assistance features were involved in the fatal crash.

Persons: it’s, It’s Organizations: CNN, NHTSA, Ford, Media, Investigations Locations: California, Vietnam

☆ Election officials in battleground Michigan grapple with sweeping voting changes and a presidential election
▼ + stars: | 2024-05-20 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +9 min

The state’s highly decentralized system of administering voting means that “Michigan has 1,500 elections every big election day,” said Kyle Whitney, the city clerk of Marquette in the state’s Upper Peninsula. ‘We’re all beginners’The new rules in Michigan flow from a constitutional amendment that state voters approved by a wide margin in 2022 that dramatically expanded access to voting. Miller was elected to succeed the previous, term-limited clerk and is overseeing her first presidential election. Deborah Pellow, the part-time clerk of rural Tilden Township in the Upper Peninsula, is also overseeing her first presidential election this year. The next big test for Michigan comes in August, when voters cast primary ballots for congressional, state and local offices.

Persons: Michael Siegrist, Joe Biden, Donald Trump, tabulators, Biden, ”, Kyle Whitney, ” Whitney, Brennan, ‘, “, ” Lori Miller, Miller, “ It’s, Deborah Pellow, Pellow, Adam Wit, –, Shira Roza, Carlos Osorio, Angela Benander, Joycelyn Benson, Jacqueline Beaudry, ” Benander, ‘ We’re Organizations: CNN, Ferrari, Republican, Trump, Brennan Center for Justice, Wolverine State, Biden’s, Michigan’s, Democratic, Michigan Association of Municipal, Michigan Locations: Michigan, Canton Township, Antrim County, Marquette, Wolverine, Livonia, Detroit, Wayne County, Tilden Township, Canton, Harrison, Warren , Michigan, Ann Arbor City, Tilden

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