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☆ Republicans are desperate for attention — and it's decimating their ability to govern
▼ + stars: | 2023-10-28 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +15 min

In the end, the only man who could unify House Republicans behind him was a relatively little-known and mild-mannered evangelical Christian from Louisiana. AdvertisementAdvertisementAs the speaker saga wore on, it provoked questions among some House Republicans: How could it be that they had failed to elect a speaker for so long? While Gaetz maintains otherwise, his angry GOP colleagues have plenty of evidence to make their case that it was an attention ploy. Rep. Matt Gaetz surrounded by reporters and cameras after the House voted to oust Kevin McCarthy from the speakership. The attention economy doesn't preclude an ability to govern — an effective politician might seek to harness their celebrity towards worthy ends.

Persons: Mike Johnson's, Matt Gaetz, Kevin McCarthy, Garrett Graves, Sen, Thom Tillis, Madison Cawthorn, Tillis, Drew Angerer, Greg Murphy of, Nancy Mace, McCarthy, Mace, I'm, Win McNamee, Josh Hawley, Ronald Reagan, Donald Trump's, Nicole Wallace, Obama, JD Vance, Ohio, Vance, Ted Cruz, Jose Luis Magana, denialism, Jim Jordan, Marjorie Taylor Greene, Brett Kavanaugh, Jen Psaki, Symone Sanders, it's, Rep, Alexandria Ocasio, Cortez, Kelly Armstrong, Adam Schiff, Chip Somodevilla, Bob Good, Virginia, Gaetz, —, Ken Buck, Colorado, Hawley deadpanned, Mike Lawler, I've, Cruz, Buck, Joe Biden, Liz Cheney Organizations: Republicans, GOP, North Carolina Republican, Getty, Twitter, South Carolina, Republican, Rep, Fox News, Republican Party, Conservative Political, Conference, AP, Cannon, South, Democratic, Supreme, Biden, MSNBC, Democrats, Capitol, New York Post, Colorado Locations: Louisiana, Florida, Greg Murphy of North Carolina, Missouri, Hollywood, California, South Carolina, Alexandria, Cortez of New York, Ukraine, New York, Ted Cruz of Texas

☆ Comcast investors focus on lack of broadband growth as shares slump
▼ + stars: | 2023-10-26 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

Comcast has tried to move investors away from focusing on residential broadband net additions. Additionally, new competition for home broadband from wireless providers such as T-Mobile and Verizon had added to Comcast's lack of residential growth. Since then, Comcast has reported net broadband losses in three of the last five quarters. Comcast executives have pushed investors to focus on broadband's rising average revenue per user (ARPU) growth, driven by price increases, rather than net additions. Comcast's residential broadband ARPU rose 3.9% in the quarter.

Persons: Jason Armstrong Organizations: Comcast, Mobile, Verizon

Those Big East titles, automatic. Neptune's second season has all the potential to not only surpass his first one, but to stake the No. A big season from Moore -- who has plenty to prove to NBA scouts -- should mean a big season for Villanova. THE SCHEDULELong the dominant team in the Big East, the Wildcats are again looking up. There are games against Maryland, a potential matchup with North Carolina at the Battle 4 Atlantis tournament, Kansas State and UCLA on the slate before Big East play.

Persons: — Kyle Neptune, Neptune, Jay Wright, Cam Whitmore, Neptune’s, Wright, Neptune's, “, John’s, Rick Pitino, ” Pitino, Justin Moore, Moore, Achilles ’, Eric Dixon, Dixon, Jordan Longino, Mark Armstrong, Chris Arcidiacono, NILs didn’t, TJ Bamba, Hakim Hart, Bamba, Hart, Hart isn’t, Tyler Burton, Lance Ware, Burton Organizations: PHILADELPHIA, Villanova, of Fame, Wildcats, NIT, Liberty, “ Villanova, NBA, NCAA, Big East, Washington State, Spiders, Big, UConn, Marquette, Creighton, Maryland, North, Kansas State, UCLA, AP Locations: Temple, ” St, Maryland, New York, Richmond, Kentucky, North Carolina

(CNN) - Mike Johnson swiftly ascended to the speakership with unanimous support from his party. It shouldn’t be this way.”“This has not been a good moment,” said Republican Rep. Mario Diaz-Balart of Florida, reflecting on the last three weeks. “I trust Mike Johnson. New York House Republicans say they plan to introduce a resolution to expel Santos as soon as Thursday. So far, though, Speaker Johnson is treading carefully.

Persons: Mike Johnson, Johnson, Joe Biden, Mike Kelly, ”, Mario Diaz, that’s, It’s, Johnson’s, George Santos, –, “, We’ll, Mitch McConnell –, Sen, Susan Collins of, Collins, doesn’t, Kevin McCarthy, McCarthy, Matt Gaetz, Dan Crenshaw, John Duarte of, they’ve, Dusty Johnson of, Kelly Armstrong of, Mike, Santos, ” CNN’s Lauren Fox, Haley Talbot Organizations: CNN, Republican, GOP, Hamas, Rep, George Santos of New, Israel, White, Senate, Republicans, Texas GOP, Dusty Johnson of South Dakota, New York House Republicans Locations: Florida, Israel, George Santos of, George Santos of New York, Ukraine, Taiwan, Susan Collins of Maine, Texas, John Duarte of California, Dusty Johnson of South, Kelly Armstrong of North Dakota

☆ Coinbase shares rise 7% as Grayscale ETF ruling takes effect
▼ + stars: | 2023-10-24 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Brian Armstrong, CEO of Coinbase, slammed the U.S. Securities and Exchange Commission. He also said the cryptocurrency exchange is looking to invest more outside of the U.S.Shares of cryptocurrency exchange Coinbase rose about 7% Tuesday afternoon as optimism about a long-awaited bitcoin spot ETF approval buoyed the stock. It could be a turning point for the company, which has been sparring with the Securities and Exchange Commission in Manhattan federal court. Grayscale saw a victory formalized in federal appeals court Monday, when a judge's mandate that the SEC review the company's Bitcoin ETF proposal took effect. The company is one of the largest crypto custodians and has been tapped by a host of prospective ETFs, including BlackRock's proposed Bitcoin ETF, in that capacity.

Persons: Brian Armstrong, BlackRock's Organizations: U.S . Securities, Exchange Commission, U.S, Securities and Exchange Commission, SEC Locations: Manhattan

Meribah Knight and Daniel Guillemette and Julie Snyder andApple Podcasts | Spotify | Amazon Music Listen and follow ‘The Kids of Rutherford County’In April 2016, 11 Black schoolchildren, some as young as 8 years old, were arrested in Rutherford County, Tenn. For over a decade, this county had arrested and illegally jailed hundreds, maybe thousands, of children. The answer would lead back to a powerful judge, the jailer she appointed and a county that treated this astronomical number of arrests as normal. From Serial Productions and The New York Times, “The Kids of Rutherford County” is a four-part narrative series reported and hosted by Meribah Knight, a Peabody-award winning reporter based in the South. In the podcast, Knight explores the world of one county’s juvenile court — a court shrouded in confidentiality and privacy, which in turn allowed something secretive and illegal to grow.

Persons: Meribah Knight, Daniel Guillemette, Julie Snyder, Rutherford County ’, Knight, — Organizations: Apple, Spotify, The New York Times, Peabody Locations: Rutherford County, Tenn

PITTSBURGH (AP) — The Andy Warhol Museum in Pittsburgh has announced plans to expand with a $45 million events venue. The entertainment project is part of the museum's ‘Pop District’ initiative and would be built on an existing museum parking lot, according to Dan Law, the museum’s associate director. Museum officials presented plans for the project to the city's Planning Commission on Tuesday. The third floor would be used for offices and support spaces. Rick Armstrong, a museum spokesman, said work on the project could begin as soon as spring 2024, but the timelines are “still flexible” as the project moves through the planning and design processes.

Persons: Andy Warhol, Dan Law, Rick Armstrong Organizations: PITTSBURGH, Andy Warhol Museum, Associated Press Locations: Pittsburgh, city's

☆ Morgan Stanley says buy this real estate name focused on sustainability after sell-off
▼ + stars: | 2023-10-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Hannon Armstrong 's improving fundamentals should lead to a turnaround for the stock, according to Morgan Stanley. Structured as a real estate investment trust, Hannon Armstrong provides renewable energy projects with debt and equity capital. HASI YTD mountain HASI YTD chart The analysts believe the selloff cannot be justified when given the company's strategic business decisions, along with its balance sheet flexibility and move toward an equity self-funding model. Additionally, Morgan Stanley noted that the sustainable investment firm's high cash flow can support steady dividends to come. Morgan Stanley isn't the only firm on Wall Street that likes Hannon Armstrong.

Persons: Hannon Armstrong, Morgan Stanley, Andrew Percoco, Hannon Armstrong's, HASI, Morgan Stanley isn't, Baird, — CNBC's Michael Bloom

☆ Stocks making the biggest moves midday: Nvidia, Goldman Sachs, Lockheed Martin and more
▼ + stars: | 2023-10-17 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

The company posted $6.73 in earnings per share on $16.88 billion in revenue. Analysts surveyed by LSEG, formerly known as Refinitiv, had forecast $6.67 in earnings per share on $16.74 billion in revenue. Dollar Tree — The discount retailer jumped 4.8% after getting an upgrade from Goldman Sachs to buy from neutral. Analysts polled by LSEG forecast an adjusted $2.52 in earnings per share and $21.04 billion in revenue. Goldman Sachs earned $5.47 per share on revenue of $11.82 billion, exceeding LSEG estimates.

Persons: Lockheed Martin, chipmakers, Goldman Sachs, Johnson, LSEG, Wyndham, Brian Essex, Hannon Armstrong, Morgan Stanley, Fortrea, Jeff Smith, —, Samantha Subin, Alex Harring, Lisa Kailai Han, Pia Singh, Sarah Min, Tanaya Macheel Organizations: Lockheed, LSEG, Circor, Nvidia, U.S . Department of Commerce, Marvell Technology, Devices, Broadcom, Goldman, Bank of America, Bank of New York Mellon, Wyndham Hotels, Resorts, Wyndham, Choice, JPMorgan, VF Corp, Viasat —, Hannon Armstrong Sustainable Infrastructure Capital, Systems Locations: China

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Dollar Tree, Amazon, Alphabet, Toll Brothers and more
▼ + stars: | 2023-10-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Wells Fargo upgrades Air Products to overweight from equal weight Wells Fargo said it sees robust earnings growth. JPMorgan reiterates Alphabet as overweight JPMorgan said it's standing by its overweight rating heading into earnings next week. " JPMorgan upgrades Viasat to overweight from neutral JPMorgan said it sees an attractive entry point for the satellite company. " JPMorgan upgrades CyberArk to overweight from neutral JPMorgan said it sees "accelerating demand" for the cyber company. JPMorgan initiates Teck Resources as overweight JPMorgan said the metals and mining company is its preferred play. "

Persons: Wells Fargo, GOOGL, Wells, Horton, Stifel, Raymond James, Lam, Tesla, MBLY, Goldman Sachs, Bernstein, Morgan Stanley, Hannon, JPMorgan Organizations: Air Products, JPMorgan, Homebuilding, MAS, FERG, UW, Lam Research, Materials, Microsoft, Viasat, Citi, Exxon Mobil, Hannon Armstrong Sustainable Infrastructure Capital, Bank of America, Apple, of America, Pro, Teck Resources Locations: Wells, LEN, China, HASI

☆ How F1 and ‘Drive to Survive’ are changing way we watch sports
▼ + stars: | 2023-10-15 | by ( Leah Asmelash | ) edition.cnn.com time to read: +14 min

“Hard Knocks” is a docuseries that focuses on a single NFL team as it prepares for the upcoming NFL season. F1 is already a dangerous and exciting sport on its own, but “Drive to Survive” transforms it into a soap opera. By the end, hopefully, they’re consuming the product; in this case, actually watching the live sport. But his strength on the field isn’t why Travis Kelce is a household name. In last season’s Super Bowl, Travis Kelce went head-to-head against brother Jason Kelce, when the Chiefs faced the Philadelphia Eagles.

Persons: “ I’ve, it’s, Michael Jordan, Travis Vogan, Vogan, ” Vogan, Aaron Rodgers, isn’t, It’s, They’re, ”, “, Lewis Hamilton, Tom Brady’s, Sergio Perez’s, James Gay, Rees, “ It’s, ” Gay, weren’t, ” Haas, Mick Schumacher, Patrick T, Fallon, Cody Havard, Woods, Williams, Lance Armstrong, they’ve, “ They’re, they’re, Travis Kelce, Kelce, Jason Kelce, Travis, Taylor Swift, Swifties, Swift, David Eulitt, ‘, ’ ” Havard, There’s, Muhammad Ali, Mike Tyson, Jake Paul, Rory McIlroy, Rob McElhenney, Ryan Reynolds, ” Havard, Havard, Patrick McElhenney, Ted Lasso ”, Hannah Waddingham, “ Ted Lasso, — she’s, Marshawn Lynch Organizations: CNN, Sports, Studios, Chicago Bulls, Covid, NFL, HBO, Warner Bros ., NFL Films, University of Iowa, New York Jets, Netflix, Films, PGA Tour, de, Formula One United, Prix, Getty, University of Memphis, Kansas City Chiefs, Chiefs, Philadelphia Eagles, Chicago Bears, Wrexham AFC, Welsh soccer, Los Angeles Lakers, AFC Richmond, Manchester City, West Ham United, English Premier League, Fox Locations: Europe, China, Brazil, Mexico, Austin , Texas, ”, Formula One United States, Wrexham, Welsh, United States, “

They're “the most potent greenhouse gases known to modern science,” as one research paper put it and they're growing fast. With the Environmental Protection Agency required to phase out one family of the chemicals 85% by 2036, the push is on to develop and spread cleaner alternatives. With more than 200 million gasoline cars in the U.S. alone, Groll said that amounts to approximately 100 million pounds of refrigerant leaking out into the atmosphere each year. The need to minimize refrigerant leaks has spurred a reuse and reclamation industry. ___Associated Press climate and environmental coverage receives support from several private foundations.

Persons: Jennifer Byrne, Byrne, ” Byrne, Eckhard Groll, Groll, Danielle Wright, “, let’s, ” Wright, Mike Armstrong, ”, Anthony Nash, ” Armstrong, Christopher Cappa, Davis, ” Cappa, Wright, Jarad Mason, Mason Organizations: PHILADELPHIA, Environmental Protection Agency, Purdue University, Supermarkets, Gas, University of California, Trane Technologies, Harvard University, AP Locations: West Philadelphia, U.S, Dallas , Texas, Toledo , Ohio, Punta Gorda , Florida, Americas, refrigerants

AUSTIN, Texas (AP) — A woman awaiting trial in the killing of professional cyclist Anna Moriah Wilson tried to run from officers escorting her to a doctor appointment Wednesday, authorities said. Two corrections officers had taken Kaitlin Armstrong to the appointment and were escorting her back to a patrol vehicle “when she ran," Travis County Sheriff spokeswoman Kristen Dark said. Armstrong ran more than a block into a neighborhood, but she could be seen by deputies the entire time before she was caught, Dark said. Armstrong and the two officers were taken to a hospital for a brief examination after the incident, and Armstrong was later returned to jail. Authorities have said Armstrong tried to change her appearance and used several aliases as she moved around Costa Rica while attempting to establish herself up as a yoga instructor in that country.

Persons: —, Anna Moriah Wilson, Kaitlin Armstrong, Kristen Dark, Armstrong, Dark, Rick Cofer, Wilson, Colin Strickland Organizations: Authorities, Police Locations: AUSTIN, Texas, Travis, Vermont, Austin, Costa Rica

☆ This sustainability-focused real estate stock can rally more than 80%, Baird says
▼ + stars: | 2023-10-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

A proven track record of success gives Hannon Armstrong a leg up over its peers, according to Baird. The firm reiterated its outperform rating of Hannon Armstrong on Tuesday, naming it a bullish fresh pick. Organized as a REIT, Hannon Armstrong specializes in providing financing for sustainable infrastructure projects in the form of debt and equity capital. Additionally, a competing investment firm's recent reduction of Hannon Armstrong's dividend growth outlook may have also contributed to the sell-off. HASI YTD mountain HASI YTD chart "This frustration and bearish sentiment for broader renewables sector growth outlook in the near term have compounded weakness and led to shares being oversold in our view," he wrote.

Persons: Hannon Armstrong, Baird, Ben Kallo, Hannon, — CNBC's Michael Bloom

☆ Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more
▼ + stars: | 2023-10-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Solar companies — Shares of solar companies rallied Tuesday, putting the Invesco Solar ETF (TAN) on pace for its best day since March 21. The defense and aerospace companies rose Monday after the Israel-Hamas war began over the weekend. Rivian — Shares of the electric vehicle manufacturer rose more than 5% after UBS upgraded the stock to buy from neutral. Block — Shares added 5.5% after Bank of America reiterated its buy rating on the payments stock. Unity Software — The video game software company added 3.2%.

Persons: Skechers, SolarEdge, Hannon Armstrong, Baird, Rivian, Joseph Spak, Semafor, Jason Kupferberg, efruxifermin, John Riccitiello, James Whitehurst, Davidson, — CNBC's Pia Singh, Tanaya Macheel, Jesse Pound, Michelle Fox, Lisa Kailai Han, Samantha Subin Organizations: UBS, Palantir Technologies, U.S . Army, PepsiCo, LSEG, Sustainability, Bank of America, Electronic Arts, EA's FIFA, Technologies, Northrop Grumman, Hamas, Truist, Therapeutics, Unity Software, Unity, Arm, Deutsche Bank, JPMorgan, Arm Holdings Locations: Israel

☆ Strained France-Germany ties slow EU decision making
▼ + stars: | 2023-10-09 | by ( Michel Rose | ) www.reuters.com time to read: +6 min

From joint defence programmes to nuclear energy or relations with China, Paris and Berlin are at odds over a growing number of issues. In an August speech Macron made his frustration public, calling Germany's position on nuclear energy "a historic mistake". Germany decided to phase out nuclear energy after Japan's Fukushima disaster in 2011, closing its last reactors in April. It is unclear if France and Germany can hash out a deal in Hamburg ahead of a crucial EU energy meeting on Oct. 17, but analysts are doubtful. Although the concept was criticised for having failed with Russia, German officials believe trade ties with a country like China could prevent conflict.

Persons: Emmanuel Macron, Olaf Scholz, Sarah Meyssonnier, Macron, Detlef Seif, Marc, Antoine Eyl, Wolfgang Munchau, hasn't, Wandel, Handel, Noah Barkin, Sarah Marsh, Kate Abnett, Michel Rose, Rachel Armstrong, Elaine Hardcastle Organizations: Weimar, REUTERS, German Christian Democratic Union, BASF, Reuters, EDF, Franco, GMF, Thomson Locations: Paris, France, Hamburg, Berlin, China, German, Germany, Ukraine, Europe, EU, Franco, Italian, Russia, Brussels, Beijing

In the meantime, House Republicans have no clear leader heading into next year's election as they cling to a razor-thin majority. The leadership fund will shift its alignment to follow the new House speaker once one is elected. McCarthy visiting a district could often be a major draw, juicing fundraiser proceeds, though that’s a role any new House speaker can grow into. “That’s where McCarthy has crushed it,” said Cam Savage, a longtime Republican strategist who works on House races. “After this week’s chaotic episode, House Republicans have basically upgraded to a Disney fast-pass in their never-ending roller coaster ride to the radical right,” said Viet Shelton, a spokesman for the Democratic Congressional Campaign Committee, the party’s House campaign arm.

Persons: — Kevin McCarthy, he’s, McCarthy, ”, Kelly Armstrong, Kevin McCarthy, Paul Ryan, Republican John Boehner, Donald Trump, “, Dan Conston, “ That’s, Cam Savage, ” McCarthy, he’ll, Joe Biden, Viet Shelton, “ It’s, Marty Obst, aren't, Nancy Mace, Katie Arrington, Mace, ” Arrington, Trump, Kevin Freking, Meg Kinnard, James Pollard Organizations: WASHINGTON, Republican, Republicans, National Republican Congressional Committee, Congressional, Fund, GOP, House, Trump, House Democrats, House Republicans, Disney, Democratic Congressional, Committee, Washington, Associated Press Locations: Dallas, McCarthy’s, California, Viet, South Carolina, Washington, Columbia , South Carolina

☆ House business is on ice while GOP finds new speaker
▼ + stars: | 2023-10-05 | by ( Annie Grayer | ) edition.cnn.com time to read: +5 min

The House calendar remained officially stuck on October 3 – Tuesday – the date when House Speaker Kevin McCarthy was ousted and left the chamber without adjourning. “The House of Representatives is effectively frozen,” Rep. Garret Graves, a Louisiana Republican, told reporters. As speaker pro tempore, Republican Rep. Patrick McHenry of North Carolina can perform tasks like recessing the House, adjourning the chamber and recognizing speaker nominations, according to the House Practices Guide. “Until we figure out how we have another speaker of the House, everything stops,” Rep. Kelly Armstrong, a North Dakota Republican on the House Oversight Committee, told CNN. While House Republicans intend to hold a candidate forum for would-be speakers on Tuesday, it could take time for Republicans to unify behind a single one.

Persons: Kevin McCarthy, Garret Graves, “, Patrick McHenry of, Joe Biden, Graves, ” Graves, ’, “ We’re, James Comer, we’ve, Michael McCaul, Kelly Armstrong, Tom Cole, Jim Jordan of, Steve Scalise, ” Organizations: DC CNN —, Representatives, ”, Louisiana Republican, Republican, CNN, Republicans, Kentucky, Foreign, Texas Republican, North Dakota Republican Locations: Washington, ”, Louisiana, Patrick McHenry of North Carolina, Texas, Oklahoma, Jim Jordan of Ohio, “

Much of the furor is directed at Florida Rep. Matt Gaetz, the ringleader of the McCarthy rebellion. “I think it’s very sad that this is obviously politically personally motivated,” Murphy said of Gaetz’s push to oust McCarthy. “I don’t think Markwayne Mullin and I have said 20 words to each other on the House floor. Republicans in the group will huddle as a unit next week to decide their next steps, the lawmaker said. “I have no advice to give to House Republicans except one – I hope whoever the next speaker is gets rid of the motion to vacate,” McConnell said.

Persons: Kevin McCarthy, Nancy Mace, McCarthy, Mace, Matt Gaetz, Gaetz, Kelly Armstrong, “, ” Armstrong, ”, Nancy Pelosi, Steny Hoyer, Garret Graves, Mark Schiefelbein, ’ Gaetz, Mike Lawler, Greg Murphy, ” Murphy, Dave Joyce of Ohio, ” Joyce, Graves, Max Miller, hasn’t, Austin Scott, Sen, Markwayne Mullin –, McCarthy –, Markwayne Mullin, Kevin, ” Gaetz, Brian Fitzpatrick, bipartisanship, Hakeem Jeffries, Mitch McConnell, ” McConnell Organizations: CNN, GOP, Republican, Republican Governance Group, Capitol, Florida Rep, Democratic, North Dakota Republican, ‘, House GOP Conference, ” Ohio Republican, Georgia Rep, Oklahoma Republican, Republicans, Democrats, Group, House Republicans Locations: South Carolina, Washington, Louisiana, New York, North Carolina

Leaders dropped $6 billion in Ukraine aid from the temporary funding measure passed Saturday as they focused on passing it quickly, just hours before the government would have shut down. Supporters of Ukraine aid — including Ukrainian President Volodymyr Zelenskyy, who visited the Capitol to plead for the money in person just two weeks ago — say it’s essential that additional funding is included. He said he would address Ukraine aid soon. But any dealmaking is on hold as House Republicans try to find a new leader. Jordan has made clear his opposition to additional Ukraine aid and reiterated it Wednesday.

Persons: Kevin McCarthy, McCarthy, Volodymyr Zelenskyy, Joe Biden, “, ” Biden, ”, Democratic Sen, Chris Murphy, ” Sen, Joe Manchin, Republicans “, Manchin, Biden, Lindsey Graham, Jim Jordan, Steve Scalise, Kevin Hern, Jordan, ” Jordan, Hern, Scalise, Kelly Armstrong, ” Armstrong, Adam Smith, Michael McCaul, McCaul, “ It’s, ” McCaul, Stephen Groves, Josh Boak, videojournalists Dan Huff, Nathan Ellgren Organizations: WASHINGTON, Republicans, Russia, Capitol, House Democrats, Ukraine, Senate, Democrats, Democratic, ”, Oklahoma Rep, Republican, House Armed Services Committee, Foreign, Associated Press Locations: Ukraine, “, Connecticut, United States, Russia, U.S, Ohio, Jordan, Washington, Texas

The John D. and Catherine T. MacArthur Foundation announced the 2023 class of fellows, often known as recipients of the “genius grant,” on Wednesday. The foundation reviews nominations for fellows over a yearslong process that solicits input from their communities and peers. Fellows do not apply and are never officially informed that they've been nominated unless they are selected for the award. The 2023 fellows are:E. Tendayi Achiume, 41, Los Angeles, a legal scholar who examines the history of global migration to argue for a reimagining of the rules governing the movement of people. Lester Mackey, 38, Cambridge, Massachusetts, a computer scientist and statistician whose research has helped improve the efficiency and predictions of machine learning techniques.

Persons: John D, Catherine T, ”, Carruth, they've, Tendayi Achiume, Andrea Armstrong, Rina Foygel Barber, Ian Bassin, Courtney Bryan, Jason D, María Magdalena Campos, Pons, Raven Chacon, Red, Diana Greene Foster, Lucy Hutyra, Carolyn Lazard, Ada Limón, Lester Mackey, Patrick Makuakāne, Linsey Marr, Manuel Muñoz, Imani Perry, Dyani, Williams, Amber Wutich Organizations: MacArthur Foundation, MacArthur Fellows, Mexican American, Black, Associated, Lilly Endowment Inc, AP Locations: Los Angeles, New Orleans, Chicago, Washington, Cambridge , Massachusetts, Nashville , Tennessee, Cuba, Red Hook , New York, United States, San Francisco, Boston, Philadelphia, Lexington , Kentucky, Blacksburg , Virginia, Tucson , Arizona, Mexican, Central Valley, Shakopee, Minneapolis, Tempe , Arizona

☆ Rep. Armstrong: The people who voted to create chaos don't have a real idea of how to get out of it
▼ + stars: | 2023-10-04 | 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 EmailRep. Armstrong: The people who voted to create chaos don't have a real idea of how to get out of itRep. Kelly Armstrong (R-N.D.) joins 'Squawk Box' to discuss the removal of Rep. Kevin McCarthy as House Speaker, what comes next for House Republicans and Congress as the clock is ticking towards another potential government shutdown next month, and more.

Persons: Kelly Armstrong, Kevin McCarthy Organizations: Rep, House Republicans, Congress

A scientist who studies the airborne transmission of diseases, a master hula dancer and cultural preservationist, and the sitting U.S. poet laureate were among the 20 new recipients of the prestigious fellowships from the John D. and Catherine T. MacArthur Foundation, known as “genius grants,” announced on Wednesday. MacArthur fellows receive a grant of $800,000 over five years to spend however they want. Fellows are nominated and endorsed by their peers and communities through an often yearslong process that the foundation oversees. Many past fellows like Octavia Butler, Paul Farmer and Twyla Tharp are luminaries in their fields and Marlies Carruth, who directs the MacArthur Fellows program, emphasized that they hope fellows will support and inspire each other. "To think that I’ve actually been selected as one is really mind-blowing,” she said, of the MacArthur fellows.

Persons: John D, Catherine T, ”, MacArthur, it’s, Ada Limón, Allamay Barker, “, Limón, ” Limón, Octavia Butler, Paul Farmer, Twyla Tharp, Carruth, Andrea Armstrong, Patrick Makuakāne, Imani Perry, Linsey Marr, Marr, Ian Bassin, Bassin, Tendayi, Rina Foygel Barber, Courtney Bryan, Jason D, María Magdalena Campos, Pons, Raven Chacon, Diana Greene Foster, Lucy Hutyra, Carolyn Lazard, Lester Mackey, Manuel Muñoz, Williams, Amber Wutich Organizations: MacArthur Foundation, University of Montevallo, NASA, Marlies Carruth, MacArthur Fellows, Loyola University New Orleans, College of Law, Black, Virginia Tech, Protect Democracy, MacArthur, Mexican American, Associated, Lilly Endowment Inc, AP Locations: Lexington , Kentucky, Alabama, Louisiana, Caribbean, Americas, Mexican, Central

☆ Explainer: What are the next steps as US House searches for new speaker?
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +4 min

Here is a look at what comes next:IS THERE AN ACTING SPEAKER? Immediately following Tuesday's 216-210 ouster vote, Republican Representative Patrick McHenry, a McCarthy ally, was appointed acting speaker pro tempore. The acting speaker pro tempore's duties are vague, according to a guide to the chamber's rules and procedures: That person "may exercise such authorities of the office of speaker as may be necessary and appropriate pending the election of a speaker or speaker pro tempore." WHAT ARE HOUSE REPUBLICANS, DEMOCRATS DOING? Under the U.S. Constitution, the House speaker does not have to be a member of Congress.

Persons: Kevin McCarthy, McCarthy's, Jonathan Ernst, Patrick McHenry, McCarthy, Kelly Armstrong, McHenry, Matt Gaetz, Hakeem Jeffries, Donald Trump, Richard Cowan, Scott Malone, Cynthia Osterman Organizations: U.S, Capitol, REUTERS, Rights, U.S . House, Republican, REPUBLICANS, Republicans, WHO, Constitution, Thomson Locations: Washington , U.S

☆ Coinbase CEO slams JPMorgan for banning crypto payments in UK, suggests government should act
▼ + stars: | 2023-09-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Coinbase CEO Brian Armstrong is unhappy with JPMorgan Chase's decision to block crypto-related transactions at its U.K. digital banking subsidiary, Chase UK. "I don't think that's OK. I don't think that's the rule of things in our society. Other British lenders have taken similar steps to bar crypto transactions, citing the risk of fraud. Examples include NatWest, which placed limits on the amount of cash that can be sent to crypto exchanges, and HSBC , which banned crypto purchases altogether.

Persons: Brian Armstrong, Armstrong, CNBC's Organizations: Coinbase Global Inc, JPMorgan, Chase, NatWest, HSBC Locations: New York

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