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agreed to bring its electric vehicle battery joint venture, Ultium, under the national contract, a boon for Ultium workers but also a pressure point for unions as they seek to organize battery plants sprouting up around the country. “This historic contract is a testament to the power of unions and collective bargaining to build strong middle-class jobs while helping our most iconic American companies thrive,” Mr. Biden said Monday evening. “It highlights the lie peddled by Donald Trump and at times the Big Three that the E.V. transition means lower-quality jobs in a nonunion work force.”The U.A.W. In May, the autoworkers’ union opted to withhold an endorsement of Mr. Biden’s re-election, openly expressing “our concerns with the electric vehicle transition” that the president was pushing through legislation and regulation.
Persons: Mr, Biden, Jason Walsh, Walsh, Donald Trump, Biden’s Organizations: BlueGreen Alliance
Novo Nordisk and Eli Lilly reign over the anti-obesity drug market, and don't expect this duopoly to end soon, analysts say. All this goes on amid robust demand for Novo's semaglutide, which is sold as Ozempic for type 2 diabetes and as Wegovy for weight loss, and Lilly's tirzepatide, which hopes to receive regulatory approval for weight loss this year. Orforglipron is an oral drug Eli Lilly is developing. It has several other compounds in the pipeline, but Suvannavejh expects the weight loss drug to receive increased attention. "This range would also be competitive with LLY's orforglipron [an oral GLP-1 drug] weight loss at day 28," Smith said.
Persons: Eli Lilly, Piper Sandler, Yasmeen Rahimi, Cantor Fitzgerald, Louise Chen, Lilly, Lilly's, Chen, Price, Kyle Rasbach, We've, Rasbach, Altimmune Altimmune, NASH, Piper's, Rahimi, Cantor's Chen, it's, Eli Lilly's Mounjaro, Goldman Sachs, Chris Shibutani, David Risinger, Risinger, Jonathan Wolleben, Wolleben, Orforglipron, Graig Suvannavejh, Suvannavejh, Thomas Smith, LLY's, Smith, Yale Jen, Jen Organizations: Novo Nordisk, Pfizer, Novo, pharma, Pfizer Pfizer, danuglipron, Therapeutics, Leerink, Mizuho Securities, Viking Therapeutics Viking Therapeutics, Laidlaw & Co Locations: Novo, GLP, Eventide
And progressive organizations are girding for possible challenges to Representatives Cori Bush of Missouri, Rashida Tlaib of Michigan and others, funded from the deep pockets of AIPAC and other pro-Israel groups. “They spent a historic amount of money to intervene, and try and buy primaries in 2022,” said Usamah Andrabi, spokesman for Justice Democrats, the liberal insurgent group that helped elect many of the progressives now on the primary target list. “I think we will see a doubling and tripling down, because no one in the Democratic leadership is trying to stop them.”Officially, AIPAC is neutral for now. Progressive Democrats like Ms. Lee have other constituents to consider, including progressive Jews who remain by her side. Ms. Lee said Jews were “10 percent of our district, but we also have Muslim, Arab, Palestinian constituents who are afraid for their families and their lives.”
Persons: George Latimer, Jamaal Bowman, Eliot Engel, Cori Bush of, Rashida, , , Usamah Andrabi, Marshall Wittmann, Bowman, Lee, ” Waleed Shahid, Biden, Avigail Oren Organizations: Westchester County, House Foreign Affairs Committee, Justice Democrats, Democratic, AIPAC, Israel, Progressive Locations: New York, Westchester, Cori Bush of Missouri, Michigan, Israel, Gaza, Pittsburgh
Republic First, which has about $6 billion in assets, operates branches in Pennsylvania, New Jersey and New York. Photo: Breanna Denney/The Wall Street JournalA Philadelphia bank struggling to stay afloat is nearing a deal with an investor group aimed at shoring up its finances, a sign that smaller lenders are still under stress after a wave of failures shook the industry earlier this year. Republic First Bancorp is set to receive a $35 million infusion from a group of existing investors led by George Norcross III, Philip Norcross and Gregory Braca , according to people familiar with the matter. The bank is in talks to raise another $40 million to $65 million from additional investors.
Persons: Breanna Denney, George Norcross III, Philip Norcross, Gregory Braca Organizations: Republic First Bancorp Locations: Pennsylvania , New Jersey, New York, Philadelphia, Republic
Republic First, which has about $6 billion in assets, operates branches in Pennsylvania, New Jersey and New York. Photo: Breanna Denney/The Wall Street JournalA Philadelphia bank struggling to stay afloat agreed to a deal with an investor group aimed at shoring up its finances, a sign that smaller lenders are still under stress after a wave of failures shook the industry earlier this year. Republic First Bancorp is set to receive a $35 million infusion from a group of existing investors led by George Norcross III, Philip Norcross and Gregory Braca , the bank said, confirming an earlier Wall Street Journal report. The bank is in talks to raise another $40 million to $65 million from additional investors.
Persons: Breanna Denney, George Norcross III, Philip Norcross, Gregory Braca Organizations: Republic First Bancorp Locations: Pennsylvania , New Jersey, New York, Philadelphia, Republic
The mass shooting in Lewiston, Maine, coupled with a conservative Democratic congressman’s reversal on an assault weapons ban, has turned the spotlight on the state’s two senators, Susan Collins, a moderate Republican, and Angus King, a Democrat-leaning independent, both of whom are skeptical about banning military-style rifles. Representative Jared Golden, among the most conservative Democrats in the House, rushed back to his Lewiston district on Thursday, as a gunman who killed 18 people in his hometown remained at large. He then stunned constituents in his traditionally pro-gun district by declaring that it was time for him “to take responsibility” for his “failure” to back a ban on assault weapons, “like the one used by the sick perpetrator of this mass killing.”Mr. Golden’s reversal is likely to put pressure on Maine’s senators, both of whom boast of occupying the political center and have used that position to forge significant bipartisan compromises in the past, including gun safety legislation passed last year after the murder of children in Uvalde, Texas. Ms. Collins, in particular, has taken heat from Democrats who say her professions of moderation have faltered at crucial times. Mr. King, who is standing for re-election in 2024, joined Republicans — including Ms. Collins — on Wednesday to back an amendment to a spending bill that would prohibit the Department of Veterans Affairs from automatically sending veterans’ personal information to the federal firearms background check system if they are deemed mentally unfit to manage their benefits.
Persons: Susan Collins, Angus King, Jared Golden, , , ” Mr, Collins, . King, Collins — Organizations: Democratic, Republican, Democrat, Republicans —, Department of Veterans Affairs Locations: Lewiston , Maine, Lewiston, Uvalde , Texas
With Interest Rates Up, Get Ready for Financial Drama
  + stars: | 2023-10-26 | by ( Jonathan Weil | ) www.wsj.com   time to read: 1 min
Depositors lined up for a fourth day to withdraw money from Old Court Savings and Loan in Baltimore in 1985 amid that decade’s S&L crisis. Photo: Bettmann Archive/Getty ImagesInterest rates have soared. Can financial blowups be far behind? The yield on 10-year Treasury notes topped 5% this week for the first time since 2007. While not high by historical standards, it is a big move from less than 1%, where it was for most of 2020.
Organizations: Old, Savings, Loan Locations: Baltimore
Card is a certified firearms instructor, law enforcement officials in Maine told CNN. Lewiston Police Department identified Robert Card as a "person of interest" involved in the Lewiston shooting. “I would say living up in Maine he has more outdoor experience than most people get in their bootcamp experience in the Army,” D’Amico said. His careful planningSeveral law enforcement experts also pointed to what they said was evidence of careful planning by the suspect. Those are unknowns,” said CNN Chief Law Enforcement and Intelligence Analyst John Miller.
Persons: Robert Card, Maine’s, , Jonathan Wackrow, he’s, Clifford Steeves, Rob D’Amico, D’Amico, Michael Harrison, ” Harrison, Steeves, Chellie Pingree, , ” D’Amico, “ He’s, Juliette Kayyem, Wackrow, John Miller, ” Miller, who’s Organizations: CNN, US Army, Army, Card’s Army Reserve Unit, Lewiston Police, Lewiston Police Department, FBI, CNN Card, Army Reserves, US, Subaru, Intelligence Locations: Maine, Lewiston, Portland, Baltimore, Lisbon
World Cup 2023: Previous World Cup finals
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +5 min
PARIS, Oct 25 (Reuters) - On Saturday, New Zealand take on South Africa in the 2023 Rugby World Cup final at the Stade de France, with both teams hoping to win a record fourth title. Mapimpi scored the first try in the 66th minute, becoming the first Springbok to score a try in a World Cup final, despite South Africa having won two previous titles. The teams had met in the pool stage with South Africa winning 36-0. Fullback Jonathan Webb scored two penalties for England, whose decision to ditch their forward-reliant tactics for an expansive running game backfired. 1987 - NEW ZEALAND 29 FRANCE 9 (AUCKLAND)The All Blacks laid down the marker in the first World Cup final, dominating from start to finish as flyhalf Grant Fox's kicking helped his team gain territory time and again.
Persons: Makazole, Cheslin Kolbe, Handre Pollard, Mapimpi, Richie McCaw, Flyhalf Dan Carter, Beauden Barrett's, Tony Woodcock, Stephen Donald, Percy Montgomery, Francois Steyn, Alain Rolland's, Mark Cueto, England's Jonny Wilkinson, Australia's Elton Flatley, Wilkinson, Matt Burke, Ben Tune, Owen Finegan, Nelson Mandela, Jonah Lomu, Joel Stransky's, Webb Ellis, Tony Daly, Michael Lynagh, Fullback Jonathan Webb, flyhalf Grant Fox's, Michael Jones, David Kirk, John Kirwan, Pierre Berbizier, Rohith Nair, Aadi Nair, Christian Radnedge Organizations: Stade de France, England, Springbok, South, Blacks, Wallabies, Springboks, South Africa, ZEALAND, Fullback, Fox, Thomson Locations: New Zealand, South Africa, ENGLAND, YOKOHAMA, Japan, AUSTRALIA, TWICKENHAM, FRANCE, AUCKLAND, France, PARIS, England, SYDNEY, CARDIFF, Australia, JOHANNESBURG, Bengaluru
Senator Tim Scott, struggling to gain traction less than three months before the first Republican primary ballots are cast, came to the South Side of Chicago on Monday to rebuke the welfare state and the liberal politicians he dismissed as “drug dealers of despair.”The speech was at New Beginnings Church in the poor neighborhood of Woodlawn. It may have been delivered to Black Chicagoans, but the South Carolina senator’s broadsides — criticizing “the radical left,” the first Black female vice president, Kamala Harris, and “liberal elites” who want a “valueless, faithless, fatherless America where the government becomes God” — were aimed at an audience far away. That audience was Republican voters in the early primary and caucus states of Iowa, New Hampshire and South Carolina, and the donors who have peeled away from his campaign. His political persona as the “happy warrior” gave way to a chin-out antagonism toward the Black leaders who run the nation’s third-largest city, and the Democratic Party that “would rather lower the bar for people of color than raise the bar on their own leadership.”Speaking to a largely receptive audience in a church run by a charismatic Republican pastor, Mr. Scott added: “They say they want low-income Americans and people of color to rise, but their actions take us in the opposite direction. The actions say they want us to sit down, shut up and don’t forget to vote as long as we’re voting blue.”
Persons: Tim Scott, Black, Kamala Harris, , Scott Organizations: Republican, New Beginnings Church, Black, Democratic Party Locations: Chicago, Woodlawn, South Carolina, America, Iowa , New Hampshire
‘Conflict’ Review: How Wars Are Fought and Won
  + stars: | 2023-10-17 | by ( Jonathan W. Jordan | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/arts-culture/books/conflict-review-how-wars-are-fought-and-won-e52d7a8d
Persons: Dow Jones, e52d7a8d
It seems like just about everyone wants to know how to live longer, healthier lives these days, especially as more 100-year-olds speak out about how happy and fulfilled they are. 'How to Improve Your Healthspan Using DNA Insights with Dr. Bartek Nogal' on Longevity by DesignListen here Longevity by Design aims to speak directly to people hoping to live longer, healthier lives. In a recent episode of the podcast, Gil Blander, recurring host with expertise on longevity, interviews Bartek Nogal, a scientist who researches genetics, about the links between genes and aging. "Knowing your genetic predispositions to certain traits can help you fine tune your wellness plan, and Dr. Nogal and Dr. Blander explain how to do so in this episode," a description of the episode explains. 'The Small Molecules of Longevity' on Human Longevity Podcast
Persons: Radiolab, It's, Gnanasambandan, Marc Wittmann, David Eagleman, Lewis Howes, David Sinclair, Casey Means, Howes, Peter Attia's, ZOE, Jonathan Wolf, Peter Attia, Wolf, Bartek, Gil Blander, Bartek Nogal, Nogal, Blander Organizations: Institute for Frontier, Mental Health, The, ZOE Science, Nutrition, Design Locations: Germany, Harvard
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/these-companies-are-being-squeezed-by-higher-rates-765eed83
Persons: Dow Jones
CNN —President Joe Biden and first lady Dr. Jill Biden’s 2-year-old German shepherd, Commander, has been involved in more biting incidents than previously reported at the White House, multiple sources familiar with the matter told CNN. The White House has also declined to answer CNN’s inquiry on a specific number of biting incidents involving Commander. SAUL LOEB/AFP/Getty ImagesCommander becoming ‘a serious issue’ at the White HouseThe White House has largely downplayed the cacophony of media reports and analysis following CNN’s reporting on last week’s incident, pointing reporters to previous statements on the stressful environment at the White House. @POTUS/TwitterA hard adjustment to White House lifeBringing Champ and Major to the White House was an adjustment, Jill Biden told Kelly Clarkson during a 2021 appearance on her talk show. Local DC laws “are not applicable on federal properties, including White House grounds,” a DC Council official said.
Persons: Joe Biden, Jill Biden’s, ” Elizabeth Alexander, Alexander, Anthony Guglielmi, Major, Donald Trump, Biden, Guglielmi, ” Guglielmi, , , , Jill Biden, SAUL LOEB, Jonathan Wackrow, Michelle Obama’s, it’s, “ They’ve, Michael LaRosa, Champ, LaRosa, ” LaRosa, Kelly Clarkson, I’ve, Ryan Bulson, It’s, ” Bulson, Bulson, They’re, dog’s, Kathy Hessler, ” Hessler, Hessler Organizations: CNN, White, Service, Medical Unit, Secret Service, White House, DC, DC Department of Health, Medical, National Park Service, Secret, Washington Post, Uniformed, Judicial, Division, US, Getty, George Washington University Law School Locations: Delaware, , Rehoboth Beach , Delaware, United States, German, Wilmington , Delaware, Washington, Local, White
Rising Rates Likely Hit Bank Balance Sheets in Quarter
  + stars: | 2023-10-02 | by ( Jonathan Weil | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/rising-rates-likely-hit-bank-balance-sheets-in-quarter-ebad3562
Persons: Dow Jones
Aditya Aji | Afp | Getty ImagesTikTok's Southeast Asian ambitions will take a major hit after Indonesia bans shopping transactions on social media apps, analysts told CNBC. Indonesia has banned e-commerce transactions on social media platforms such as TikTok Shop and Facebook . Even if it can secure a separate license to operate, operating as a standalone app may still be challenging. "Even if it can secure a separate license to operate, operating as a standalone app may still be challenging," said Mittal. New social media rulesOn Saturday, Indonesia's President Joko Widodo called for social media regulations, saying such platforms impact micro-, small- and medium-sized companies and the economy.
Persons: Aditya Aji, Jonathan Woo, Sachin, Sachin Mittal, TikTok, Mittal, Joko Widodo Organizations: Facebook, Afp, Getty, CNBC, Phillip Securities Research, Sachin Mittal DBS Bank, U.S, DBS Bank, BMI, Momentum Works Locations: Bogor, West Java, Indonesia, Jakarta, China, Southeast Asia, U.S, Singapore, Montana, India
In the post-debate polling, Mr. Trump gained more support than any of the candidates who did appear on the stage. Since then, as his legal cases play out in the courts, Mr. Trump has grown more extreme, and violent, in his rhetoric. It remains to be seen whether the second debate will persuade top donors still on the sidelines to consolidate behind an alternative to Mr. Trump. Rather than attending the debate, Mr. Trump will appear with union workers in Detroit. A bad night, or just an invisible night, for Mr. Scott would dim hopes of a resurgence.
Persons: Trump, Mark Milley, , Scott, Haley, Ramaswamy, Tim Scott Organizations: Joint Chiefs of Staff, Republican National, bickered, Reagan Locations: America, Israel, Iowa, Detroit, Milwaukee
Antimatter is the enigmatic twin of ordinary matter, possessing the same mass but with an opposite electrical charge. Under current theory, the Big Bang explosion that initiated the universe should have produced equal amounts of matter and antimatter. However, antimatter can be synthesized under controlled conditions, as in the ALPHA experiment, which used antihydrogen created at CERN. "The nearly complete absence of naturally occurring antimatter is one of the great questions facing physics," Wurtele said. "No matter how pretty the theory, physics is an experimental science," Fajans said.
Persons: Jonathan Wurtele, Joel Fajans, Wurtele, Einstein, William Bertsche, Bertsche, Fajans, Will Dunham, Rosalba O'Brien Organizations: European Center for Nuclear Research, CERN, Enterprise, University of California, ALPHA, UC Berkeley, University of Manchester, Thomson Locations: Geneva, Switzerland, Berkeley, England, Washington
CLEMSON, S.C. (AP) — Jordan Travis threw a 24-yard touchdown pass to Keon Coleman to start overtime and No. 4 Florida State completed a second-half to defeat Clemson 31-24 on Saturday and snap a seven-game losing streak against the Tigers. And Florida State struggled to find space much of the first half and had only 21 yards with less than 8 minutes left before the half. THE TAKEAWAYFlorida State: The Seminoles overcame perhaps their biggest ACC hurdle to supplant Clemson as the league heavyweight. Clemson: The Tigers needed a win here to get themselves back in the ACC and College Football Playoff chase.
Persons: — Jordan Travis, Keon Coleman, Travis, Kalen DeLoach, Cade Klubnik, Jonathan Weitz, Coleman, Clemson couldn't, Klubnik’s, Jameis Winston’s, playmakers, Weitz, Dabo Swinney, they've Organizations: CLEMSON, Florida State, Clemson, Tigers, Seminoles, Atlantic Coast Conference, FSU, Florida, Duke, ACC, College Football Playoff, State, Virginia Tech Locations: S.C, Death, Florida, Charleston, Syracuse
In the shadow of a shuttered General Motors plant in Lordstown, Ohio, far from the United Automobile Workers’ picket lines, the U.A.W. and the management of an electric vehicle battery plant are locked in a wholly different conflict. officials take pains to say the talks in Lordstown between the autoworkers union and Ultium Cells, a joint venture between G.M. and LG Energy Solution in South Korea that is building the fuel cells to power G.M.’s electric vehicles, are not directly linked to the strikes. Vance, Republican of Ohio, specifically pointed to the struggles of Ultium workers laboring near the old G.M.
Persons: Biden, Donald J, Trump, , Biden’s, J.D, Vance Organizations: General Motors, United Automobile Workers, Ultium, LG Energy, Democrats, Republican Locations: Lordstown , Ohio, Ohio, Lordstown, G.M, South Korea, Michigan
Tether Is Lending Its Stablecoins Again
  + stars: | 2023-09-21 | by ( Jonathan Weil | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/currencies/tether-is-lending-its-stablecoins-again-b11705f2
Persons: Dow Jones, b11705f2
OTTAWA, Sept 21 (Reuters) - Canada and Japan on Thursday agreed to work more closely together to establishing sustainable and reliable global battery supply chains, the Canadian government said in a statement. The two sides signed a memorandum of cooperation on the supply chains during a visit by Japanese Industry Minister Yasutoshi Nishimura, it said, but gave no details. Canada, home to a large mining sector for minerals such as lithium, nickel and cobalt, wants to woo firms involved in all levels of the electric vehicle (EV) supply chain via a multibillion-dollar green technology. "As worldwide demand shifts increasingly towards cleaner forms of energy, Canada's critical minerals resources and battery supply chains will play a vital role in how we get there," said Natural Resources Minister Jonathan Wilkinson. Reporting by David Ljunggren; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Persons: Yasutoshi Nishimura, Jonathan Wilkinson, David Ljunggren, Chizu Organizations: Japanese Industry, Natural, EV, Thomson Locations: OTTAWA, Canada, Japan, Quebec
[1/2] U.S. Winter Olympic bobsledder Aja Evans poses for photos wearing Polo Ralph Lauren items designed for U.S. Winter Olympic Team at the company's store in New York City, New York, U.S., January 20, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 21 (Reuters) - Aja Evans, a 2014 Olympic bobsled bronze medalist, has filed a lawsuit alleging that a doctor who worked on Team USA's medical staff subjected her to nearly a decade of sexual abuse and harassment during treatment. The USOPC said it had not reviewed the complaint, but "remains committed to ensuring the safety and wellbeing of Team USA athletes," including by eliminating abuse. USA Bobsled did not immediately respond to a request for comment. "Rather than being protected, believed, and taken seriously, Ms. Evans was subjected to investigation and degradation by the USOPC and USA Bobsled governing bodies," the lawsuit said.
Persons: Aja Evans, Polo Ralph Lauren, Brendan McDermid, Jonathan Wilhelm, Evans, Larry Nassar, Ryan Stevens, Wilhelm, Nassar, USA Bobsled, Ms, bobsled, Frank Pingue, Bill Berkrot Organizations: Winter, U.S, REUTERS, USA's, United States Olympic, Paralympic, Federation, USA Gymnastics, Team USA, videotaping, USA, Thomson Locations: New York City , New York, U.S, New York, USA, Lake Placid , New York, Sochi, Toronto
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/tiny-bank-called-republic-first-faces-test-of-depositors-faith-df0f1225
Persons: Dow Jones
Maura Healey of Massachusetts, a liberal Democrat, has declared a state of emergency, activated the National Guard and started petitioning the White House for help. The migrants on state-funded buses from Texas are a fraction of the total number arriving in northern cities. Some of those migrants have family in New York, while others are attracted to the city’s history of welcoming immigrants. Still, the rising clamor is creating a rare convergence between the two parties, which for years have fought in seemingly parallel political universes. Endless Republican news conferences at the border and threats to impeach Alejandro Mayorkas, the homeland security secretary, were dismissed as political bluster.
Persons: Maura Healey, Star ”, , Alejandro Mayorkas, shouldn’t, , Josh Riley, Marc Molinaro, Riley, Biden Organizations: Massachusetts, Democrat, National Guard, White House, Star, Republican, Democratic, Hudson Valley Republican, , Republicans Locations: Texas, . Texas, New York City, New York, Washington, Albany, Hudson
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