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☆ The Dow soars more than 560 points as markets bet the Fed is done with rate hikes
▼ + stars: | 2023-11-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

New York CNN —US stocks soared higher again on Thursday as investors bet that the Federal Reserve’s current round of economically painful rate hikes might be over. Both the S&P 500 and Dow are on track to notch their largest weekly gains this year and the Dow closed its best day since June. Tech stocks pulled markets higher Thursday, with shares of Tesla up nearly 6.3% and shares of Nvidia up about 2.8%. While all 11 sectors of the S&P 500 were trading higher on Thursday, there were some notable outliers. Shares of Airbnb were down 3.3% after the company beat on third-quarter revenue earnings but lowered its forward guidance.

Persons: Jerome Powell, ”, Louis Navellier Organizations: New, New York CNN, Federal, Dow, Nasdaq, Treasury, Navellier, Associates, Labor, Labor Department, Apple, Tech, Nvidia, Meta, Facebook Locations: New York

☆ Shell’s shrinking green pledge risks backfiring
▼ + stars: | 2023-11-02 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

REUTERS/Callaghan O’Hare Acquire Licensing RightsSINGAPORE, Nov 2 (Reuters Breakingviews) - Shell (SHEL.L) CEO Wael Sawan has upped the UK group’s quarterly buyback plan while cutting back on unprofitable low-carbon activities. His pivot back into fossil fuels has shielded the $217 billion company from the wind energy troubles now ensnaring European peer BP (BP.L) and renewables giant Orsted (ORSTED.CO). But the strategy can work only as long as volatile energy prices stay high. Shell’s $6.2 billion third-quarter adjusted net profit shrunk by a third from a year earlier but came in line with analysts’ expectations. So far this year, the total return for Shell’s shareholders has hit 17%, above rivals like BP and TotalEnergies (TTEF.PA).

Persons: Wael Sawan, Daniel Yergin, Callaghan O’Hare, Sawan, Shell, pare, Lisa Jucca, Streisand Neto Organizations: Shell, P Global, REUTERS, Rights, Reuters, BP, EV, Nature Energy, Exxon Mobil, Chevron, Reuters Graphics Reuters, Carbon Solutions, Renewables, Energy Solutions, Thomson Locations: Houston , Texas, U.S, Rights SINGAPORE

JOURNEY STARTSIron-flow batteries were developed decades ago but have yet to be deployed as a grid-scale energy storage solution. ESI Managing Director Stuart Parry believes iron-flow batteries are an idea whose "time has come." Parry doesn't see iron-flow batteries replacing lithium-ion units, rather they are complementary with lithium batteries able to arbitrage power prices by acting rapidly, while iron-flow units are more likely to act as baseload firming for the grid when renewables tail off. Parry also says iron-flow batteries work out about a third cheaper than lithium ion units when looking at the cost on a MWh basis. On the surface, iron-flow batteries seem like a solid solution to how to run an electricity grid dominated by variable renewables.

Persons: Stuart Parry, Parry, Lincoln Organizations: Stanwell Corp, Energy Storage Industries Asia, Reuters, Thomson Locations: Greenough, Walkaway, Perth, Australia, LAUNCESTON, Queensland, Rockhampton

☆ Brazilian Oil Industry Gets Support From New Congressional Caucus
▼ + stars: | 2023-10-26 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

By Anthony BoadleBRASILIA (Reuters) - Brazilian lawmakers have set up a congressional caucus to represent Brazil's oil and gas industry, led by state-run producer Petrobras, and to back the company's plans to explore offshore fields near the mouth of the Amazon River. Petrobras has planned to explore in the so-called Northern Brazilian Equatorial Margin, following major discoveries in neighboring Guyana and Suriname. We have to explore for oil at the mouth of the Amazon," Pazuello said. The Parliamentary Front in Support of Oil, Gas and Energy, as the caucus is called, was launched on Tuesday with 217 members, or 42% of the lower chamber of Congress. He said the launch of the caucus received unprecedented support in Congress and was a non-partisan effort.

Persons: Anthony Boadle BRASILIA, Eduardo Pazuello, Luiz Inacio Lula da Silva's, Pazuello, Equinor, Washington Quaquá, Jair Bolsonaro, Anthony Boadle, Rod Nickel Organizations: Reuters, Petrobras, Wednesday, Mines and Energy Ministry, Gas, Energy, Lula's Workers Party Locations: Para, Guyana, Venezuela, Suriname, Brazil, Rio de Janeiro

21 Tennessee and Kentucky really need a lift right now. “We’ve all got to be a little bit better in the second half,” Volunteers coach John Heupel said this week. Kentucky has yielded 479 yards on 54 flags (68.4 per game), Tennessee 470 on 56 (67.1). Under coordinator Tim Banks, Tennessee also ranks third in the league and 17th in the FBS, giving up just 310.9 yards a game. The Vols' challenge is cracking a Kentucky run defense ranked second in the SEC, allowing 95.71 yards a game.

Persons: “, John Heupel, We’ve, We’re, that’s, Mark Stoops, we’ve, ” Stoops, Tim Banks, Ray Davis, Missouri's Cory Schrader, Maxwell Hairston, D'Eryk Jackson, Hairston, Teresa M, Walker Organizations: SEC Eastern Division, The Volunteers, Wildcats, Bulldogs, ” Volunteers, Kentucky, Missouri, UCF, Tennessee, Vols, Alabama, SEC, FBS, WHO, AP Locations: LEXINGTON, Ky, Tennessee, Kentucky, Georgia, Alabama, Missouri, Tim Banks , Tennessee, Ray

ARLINGTON, Texas (AP) — Stolen bases and batting averages are up and game times are down in the first postseason with the pitch clock and larger bases. There have been an average of 1.4 steals per game through the League Championship Series, up from 0.8 through last year’s LCS. The overall postseason batting average has climbed from .213 to .241, and batting average for left-handed hitters has risen from .217 to .244 in the first year with defensive shift limits, although with the small sample size, any changes may be an aberration. Just seven pitch clock violations have been called through 36 postseason games. MLB, over the objections of the players' association, instituted a pitch clock set at 15 seconds with the bases empty and 20 seconds with runners on base.

Persons: ___ Organizations: League, The Arizona Diamondbacks, Texas Rangers, MLB, Elias Sports Bureau Locations: ARLINGTON , Texas

☆ Live updates: House Speaker race continues
▼ + stars: | 2023-10-25 | by ( Mike Hayes | Kaanita Iyer | ) edition.cnn.com time to read: +2 min

After three weeks of infighting, division and tensions that left the House paralyzed they will again attempt to elect a speaker this afternoon. Members can also opt to vote PRESENT, which casts no vote. Additionally, Massie this morning said he would support Johnson after voting present last night. Remember, the math is tricky here: The prevailing candidate will be the one who wins 50% +1 of the total number of the House voting for a person. Should a member not vote or vote present, that will drop the target number that a candidate needs to reach.

Persons: Mike Johnson, Johnson, Hakeem Jeffries, Jeffries, Thomas Massie of, Mark Amodei, Amodei, designee Johnson, Massie, I’m, ” Massie Organizations: House GOP Conference, House, CNN Locations: Thomas Massie of Kentucky, French Hill, Arkansas, Nevada

☆ 'We're wiser': US Republican women candidates steer clear of speaker fight
▼ + stars: | 2023-10-25 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

"We're wiser," said Representative Cathy McMorris Rodgers, a former chair of the Republican House Conference. Women make up 15% of the voting members of the House Republican party - compared to the 43% of House Democrats - and none have put themselves forward as speaker. 4 Republican, Representative Elise Stefanik of New York, has so far not put herself forward for the top job, standing by as she's watched others try and fail to unite the party's factions. "Republican women are too smart to get involved in the shenanigans that have been taking place the last few weeks," Representative Kat Cammack said on Tuesday. Only one has received any votes on the House floor - Representative Kay Granger, who was nominated by fellow Congresswoman Mariannette Miller-Meeks.

Persons: Cathy McMorris Rodgers, Tom Brenner, Kevin McCarthy, McCarthy, Nancy Pelosi, Elise Stefanik, she's, Kat Cammack, Kay Granger, Mariannette Miller, Meeks, It's, Lori Chavez, DeRemer, Nicole Malliotakis, Moira Warburton, Scott Malone, Stephen Coates Organizations: U.S . Rep, Energy, Commerce, Capitol, REUTERS, Rights, House, Representatives, Republican, Republican House Conference, House Republican, Democrats, Thomson Locations: Washington , U.S, New York

☆ House plans to vote on Mike Johnson for speaker, fourth Republican nominee
▼ + stars: | 2023-10-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

U.S. Representative Mike Johnson (R-LA) is surrounded by fellow members as he speaks to reporters after securing the nomination for House Speaker from the Republican conference on Capitol Hill in Washington, October 24, 2023. Republican Rep. Mike Johnson of Louisiana expects to receive a floor vote in the House of Representatives Wednesday on his nomination for speaker. Johnson, the vice chairman of the House Republican conference, is a social conservative who served on former President Donald Trump's legal defense team during his first impeachment. Trump basically endorsed Johnson for speaker in a post on Truth Social Wednesday, encouraging House Republicans to vote for the Louisianan. For example, the Minnesota Republican voted in 2020 to certify President Joe Biden's election victory.

Persons: Mike Johnson, Mike Johnson of, Johnson, Donald Trump's, Tom Emmer, Emmer's, Trump, Emmer, Joe Biden's Organizations: Republican, Capitol, House Republican, Republicans, GOP, Minnesota Republican Locations: Washington, Mike Johnson of Louisiana, Louisiana

☆ Republicans nominate Mike Johnson for House speaker in latest attempt to break GOP impasse
▼ + stars: | 2023-10-25 | by ( Scott Wong | Sahil Kapur | ) www.cnbc.com time to read: +3 min

U.S. Rep. Mike Johnson (R-LA) leaves a House Republican conference meeting in the Longworth House Office Building on Capitol Hill on Oct. 24, 2023 in Washington, DC. Rep. Mike Johnson, a relatively little-known Louisiana Republican and low-ranking member of the GOP leadership team, became the party's latest nominee for House speaker on Tuesday night after three other hopefuls fizzled out. It remains unclear if he can garner the 217 Republican votes — a simple majority of the full House — needed to win the coveted gavel. Johnson is seeking to achieve something that the last three nominees failed to do: win at least 217 of the 221 Republican votes needed to become speaker. Another wild card in the speaker's race is Trump, who knifed Emmer on Tuesday after he won the nomination.

Persons: Mike Johnson, Tom Emmer, Johnson, Emmer, Steve Scalise, Jim Jordan of, Jordan, Liz Cheney, Donald Trump, Biden, Trump Organizations: Rep, Republican, Washington , DC, Louisiana Republican, GOP, GOP Conference, Committee, New York Times, Electoral, The Times, Republicans, Trump Locations: Longworth, Washington ,, Louisiana, Johnson, Jim Jordan of Ohio

☆ Kevin McCarthy floats proposal returning him to power and making Jim Jordan assistant House speaker
▼ + stars: | 2023-10-25 | by ( Ali Vitali | Scott Wong | ) www.cnbc.com time to read: +3 min

U.S. Republican Representative from California Kevin McCarthy speaks with Republican Representative from Ohio Jim Jordan as the U.S. House of Representatives continues voting for new speaker at the U.S. Capitol in Washington, DC, January 4, 2023. Rep. Kevin McCarthy, R-Calif., is floating a plan that would reinstall him as House speaker and make conservative Trump ally Rep. Jim Jordan the assistant speaker, according to three sources familiar with the matter. The proposed alliance aims to unite warring factions of the House Republican Conference, which has been leaderless since McCarthy was ejected from the speaker's office. A source briefed on the proposal likened it to the arrangement Democrats had when Rep. Nancy Pelosi was speaker and Rep. Katherine Clark was assistant speaker. "Kevin speaker, Jordan assistant speaker," the source said.

Persons: California Kevin McCarthy, Ohio Jim Jordan, Kevin McCarthy, Jim Jordan, McCarthy, Jordan, It's, Tim Burchett, — it's, Tom Emmer, Nancy Pelosi, Katherine Clark, Kevin, Mike Johnson, Gus Bilirakis, it's Organizations: Republican, U.S . House, U.S, Capitol, Trump, House Republican Conference, Ohio Republican, GOP, Republicans, —, Rep Locations: California, Ohio, Washington , DC, Jordan, Tuesday's

“This House Republican majority is united,” Rep. Mike Johnson said Tuesday night after becoming the conference’s fourth speaker nominee – and the second nominee in the course of a single day. Johnson, who was elected in 2016 and serves as the vice chairman of the House GOP conference, made a pitch over the weekend as a “consensus candidate” for speaker. If he can get to 217, a heavy lift in a slim Republican majority of only 221 lawmakers, Johnson will become the most inexperienced speaker in recent memory. And a government funding fight that got House Republicans into the speaker mess is slated to again rear its head with a Nov. 17 deadline to pass spending bills or kick the can down the road. 2, House Majority Leader Steve Scalise, a fellow Louisianan who was himself denied the speakership just weeks ago.

Persons: Mike Johnson, –, Johnson, Tom Emmer, Emmer, Mike, he’ll, Ken Buck, we’ve, he’s, Jim Jordan, Donald Trump’s, ” didn’t, “, ”, hasn’t, Jordan, He’s, Joe Biden, He’ll, Steve Scalise Organizations: Republican, ”, GOP, Louisiana Republican, CNN, Republicans, Israel Locations: Colorado, legislating, Ukraine, Gaza

CNN —Rep. Mike Johnson is set to take his fight for the speakership to the House floor on Wednesday, a pivotal moment for House Republicans that comes amid uncertainty over whether the Louisiana lawmaker can secure the 217 votes needed to win the gavel. Johnson, who serves as the House GOP conference vice chairman, secured the nomination for the speakership late Tuesday evening. The day ended with a vote to elect a new nominee – this time, Johnson won out. The GOP conference is under increasing pressure as the House remains paralyzed without a speaker. Following the nomination vote, House Republicans took another vote to gauge the nominee’s support within the conference.

Persons: Mike Johnson, Johnson, Tom Emmer, Donald Trump, Kevin McCarthy, McCarthy, ” Johnson, ” Emmer, Jim Jordan of, Steve Scalise, Emmer, Trump, ” Organizations: CNN —, House Republicans, GOP, Republicans, Minnesota, Republican, Trump, Social Locations: Louisiana, Jim Jordan of Ohio

☆ I'm an American teaching at a university in Tokyo. College life is much different in Japan, from admissions to housing.
▼ + stars: | 2023-10-25 | by ( Darryl Wharton-Rigby | ) www.businessinsider.com time to read: +6 min

I've witnessed firsthand the nuances that set education in the United States and Japan apart, especially with colleges and universities. I've been fortunate to teach at Morgan State University, Art Center College of Design in Baltimore, and I'm now an assistant professor at Temple University Japan in Tokyo. It's a system designed to identify potential — whether one's destination is a public university or a prestigious private college. Students here are bound by a singular choice; they can only apply to one public university for admission. AdvertisementAdvertisementI've found there typically aren't dorms on college campuses in JapanIn the United States, dormitories foster a spirited campus community.

Persons: I'm, I've, —, It's Organizations: Service, Baltimore City Public School System, JET, Morgan State University, Art Center College of Design, Temple University Japan, NCAA, American, College Locations: American, Tokyo, Japan, United States, Baltimore, It's

"There is not a lot of trust," Republican Representative Dusty Johnson, a moderate, told reporters. "It's in the best interest of the country – and House Republicans themselves – to get their act together." PRIOR FAILURESA small band of party hardliners led by Republican Representative Matt Gaetz engineered McCarthy's ouster on Oct. 3. 3 House Republican Tom Emmer withdrew his bid on Tuesday amid opposition from party hardliners. He has a more moderate record than many other House Republicans.

Persons: Mike Johnson, Kevin McCarthy, Dusty Johnson, Johnson, hardliner Jim Jordan, Donald Trump, Jordan, McCarthy, Joe Biden, Jonathan Ernst, Andrew Bates, –, Matt Gaetz, Republican Tom Emmer, Joe Biden's, Trump, Emmer, Steve Scalise's, David Morgan, Moira Warburton, Richard Cowan, Makini Brice, Susan Heavey, Scott Malone, Stephen Coates, Jane Merriman Organizations: U.S . House, Republicans, Republican, Lawmakers, Former U.S, Wednesday, Democratic, Senate, U.S, Capitol, REUTERS, GOP, House Republicans, Trump, Emmer, Thomson Locations: East, Ukraine, Louisiana, Washington, Washington , U.S, Israel, U.S

☆ Another Day of G.O.P. Chaos Winds Up With Speaker Nominee No. 4
▼ + stars: | 2023-10-25 | by ( Carl Hulse | More About Carl Hulse | ) www.nytimes.com time to read: +2 min

Representative Tom Emmer of Minnesota, the No. 3 House Republican, lasted only about four hours on Tuesday as the party’s third speaker designate. After winning the nomination in a morning session, he was quickly brought down by conservatives questioning his right-wing credentials. Mr. Emmer was last seen fleeing the Longworth House Office Building with nary a word after he unceremoniously dropped out of the race. There was a momentary boomlet for Mr. Emmer as he emerged victorious from an internal party nominating contest with a narrow win.

Persons: Tom Emmer, Donald J, Trump, Emmer, ”, Steve Womack, Jim Jordan of Organizations: Republican, Republicans, House Locations: Minnesota, New York, Longworth, Arkansas, Jim Jordan of Ohio

U.S. Representative Tom Emmer (R-MN) arrives for a House Republican conference meeting to choose a nominee in the race for House Speaker at the U.S. Capitol in Washington, U.S., October 24, 2023. Emmer has been seen as a strong supporter of assisting Ukraine in it war with Russia. A "report card" by the conservative Defending Democracy Together's "Republicans for Ukraine" campaign gave Emmer an "A excellent" rating, based on his past votes. Jordan received an "F very poor" rating, as did Representative Mike Johnson, the last speaker candidate eliminated before Emmer became the nominee. Republicans have a narrow 221-212 House majority, and many have voted for Ukraine aid, but the next speaker could quash more assistance before a proposal reaches the House floor if he opposed the idea.

Persons: Tom Emmer, Jonathan Ernst, Kevin McCarthy, McCarthy, Steve Scalise, Jim Jordan, Emmer, Together's, Jordan, Mike Johnson, Scalise, Joe Biden, Patricia Zengerle, Alistair Bell Organizations: Republican, U.S, Capitol, REUTERS, Rights, Republicans, Democrats, Emmer, Democratic, Biden, Thomson Locations: Washington , U.S, U.S, Washington, Kyiv, Russia, Ukraine, United States, corruptly, Israel, Taiwan

☆ Live updates: House Republicans vote on speaker nomination
▼ + stars: | 2023-10-24 | by ( Mike Hayes | Shania Shelton | ) edition.cnn.com time to read: +2 min

Members of the House of Representatives vote on the House Speaker on October 20 in Washington, DC. Chip Somodevilla/Getty ImagesDuring the speaker candidate forum on Monday, all the speaker candidates agreed that they wanted to get to 217 votes in the room before going to the floor, a source familiar told CNN. GOP Rep. Tim Burchett of Tennessee told CNN it is important for the conference to 217 behind closed doors because they need to avoid another public embarrassment on the House floor. Texas GOP Rep. Dan Crenshaw told CNN, “it’s impossible” for the conference to get to 217, but added “let’s see who wins. “We’ll pare it down And then we get it down to I assume the two, we will have a roll call vote.”

Persons: Chip Somodevilla, Kevin Hern, Jim Jordan’s, “, I've, Jim Jordan, ”, Tim Burchett, ” Burchett, Dan Crenshaw, let’s, Ralph Norman of South, “ We’ll pare Organizations: CNN, Republicans, GOP, Ohio, Texas GOP, Ralph Norman of South Carolina Locations: Washington ,, Tennessee, Texas

House Republicans have elected two nominees for the job since a hard-right clutch of lawmakers toppled Speaker Kevin McCarthy. House Republicans cast aside Mr. Jordan as their nominee for speaker on Friday in a secret-ballot vote, essentially moving to begin the search for a new leader all over again. They are holding an internal election for a new nominee on Tuesday — and if they elect one, Republicans could go to the House floor for a vote later that day. The math can change if there are absences, or if any lawmakers vote “present” rather than in support of a candidate. Empowering Mr. McHenry, one of Mr. McCarthy’s closest allies, was regarded by many far-right members as akin to reinstalling Mr. McCarthy as speaker.

Persons: Kevin McCarthy, Steve Scalise, Jim Jordan, Ohio —, Jordan, McCarthy’s, Biden, Kenny Holston, McCarthy, Hakeem Jeffries, Mr, Jeffries, Patrick McHenry, Haiyun Jiang, Patrick T, McHenry, Luke Broadwater Organizations: Republican, Republicans, Conference, New York Times, Mr, Democrats, The New York Times Legislative, Hamas Locations: Louisiana, Ohio, Ukraine, New York, Israel, McHenry of North Carolina, McHenry

Follow our live updates for the House speaker nominee vote. House Republicans have elected two nominees for the job since a hard-right clutch of lawmakers toppled Speaker Kevin McCarthy. The math can change if there are absences, or if any lawmakers vote “present” rather than in support of a candidate. Mr. Jeffries has pitched the idea of forming a coalition government that he describes as an “enlightened arrangement.” But the idea is a long shot. Empowering Mr. McHenry, one of Mr. McCarthy’s closest allies, was regarded by many far-right members as akin to reinstalling Mr. McCarthy as speaker.

☆ Trump’s Loss of Loyalty
▼ + stars: | 2023-10-24 | by ( Susan Milligan | ) www.usnews.com time to read: +7 min

But for Trump, Ellis' plea was especially damaging, since it underscored the steady evaporation of something Trump has demanded from staff and associates since his days as a New York businessman: loyalty. "If I knew then what I know now, I would have declined to represent Donald Trump in these post-election challenges. The three former Trump lawyers who pleaded guilty in Georgia were facing some serious potential consequences, he noted, including not just time behind bars but the loss of their law licenses – and that may take priority over honoring Trump's demands for loyalty. "This is not about Donald Trump vs. Michael Cohen," Cohen said as he entered the New York courtroom. You saw Donald Trump try to walk away from Sidney Powell – despite documentary evidence that he had called her his lawyer.

Persons: Donald Trump, Jenna Ellis, Ellis, Trump, Sidney Powell, Kenneth Chesebro, “, ”, Powell, Chesebro, David Becker, Becker, Republicans –, –, Tom Emmer, Joe Biden, Jim Jordan of, Jordan, Emmer, Trump's, Team Trump, Michael Cohen, Cohen, ” “, it’s, ” Trump, Mark Meadows, Meadows, Jack Smith, Smith, Norman Eisen, Sidney Powell –, That’s, Bunny, Amy Lee Copeland, Rouse, Copeland, ” Copeland Organizations: Trump, Donald Trump View, Election Innovation, Research, D.C, Hill, Republicans, Team, New, ABC News, ABC Locations: Georgia, New York, Georgia’s Fulton County, New York City, Washington, Minnesota, Jim Jordan of Ohio, Meadows, Savannah , Georgia

House Majority Whip Tom Emmer’s speaker bid crashed and burned on Tuesday just hours after his party nominated him for the gavel amid deep divisions within the conference that began to appear insurmountable three weeks into the standoff. And for other lawmakers, they simply didn’t believe Emmer could get the backing needed to secure the gavel. Emmer narrowly won the party’s nomination on the fifth round of votes behind closed doors on Tuesday in a contest that began with seven candidates, with the lowest vote-getter being dropped each round. Some of those candidates are expected to relaunch their bids for speaker in light of Emmer’s bowing out. Johnson, who was elected in 2016 and serves as the vice chairman of the House GOP conference, made a pitch as a “consensus candidate” for speaker.

Persons: Tom, Donald Trump, Emmer, ”, Trump, hasn’t, Trump’s, ” Rep, Dusty Johnson of, “ We're, Mike Johnson, Johnson, Donald Trump’s Organizations: Minnesota Republican, Republicans, Trump, Republican Party, ”, Emmer, GOP, Louisiana Republican, Republican Locations: Dusty Johnson of South Dakota

☆ Mike Johnson picked as new GOP speaker nominee just hours after Tom Emmer drops bid
▼ + stars: | 2023-10-24 | by ( Clare Foran Melanie Zanona Lauren Fox Manu Raju Haley Talbot Kristin Wilson Annie Grayer | Clare Foran | Melanie Zanona | ) edition.cnn.com time to read: +4 min

In the final round of secret-ballot voting, Johnson was elected speaker nominee with 128 votes. McCarthy received 43 votes, the next highest tally, and some House Republicans are blaming the California Republican for undercutting Johnson’s ascent. Members of Trump’s team also called GOP members and urged them to oppose Emmer for speaker, two sources told CNN. Leaving a GOP conference meeting Monday night, Emmer told CNN, “We have a good relationship,” when asked about Trump. “Right now, I think it is apparent to the American people that the GOP conference is hopelessly divided.

Persons: Mike Johnson, Kevin McCarthy’s, Johnson, Tom Emmer, Donald Trump, McCarthy, Jim Jordan, Jordan, Emmer, Trump, ” Trump, “, ”, Steve Womack, they’ll Organizations: CNN, GOP, Louisiana Republican, Minnesota, Republicans, California Republican, Ohio Rep, Wednesday, Republican, Social, House GOP, Trump Locations: Louisiana, California, Emmer, Arkansas

TOKYO (AP) — Shares mostly rose Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%. Political Cartoons View All 1215 ImagesHong Kong's Hang Seng dropped 0.8% to 17,033.00, while the Shanghai Composite advanced 0.8% to 2,963.70. Lower bond yields tend to most help stocks of companies promising big growth far in the future or those seen as the most expensive. Treasury yields help dictate how much investors pay for everything from stocks to corporate bonds to cryptocurrencies. While worries about higher Treasury yields and the war in Gaza are weighing on markets, strong corporate profits and the resilient U.S. economy have helped to offset such pressures.

Persons: Sydney's, Korea's Kospi, Hang Seng, Taiex, Brent, it's, Hess Organizations: TOKYO, —, Wall, Treasury, Nikkei, Shanghai, Dow Jones, Nasdaq, Nvidia, Microsoft, Federal Reserve, New York Mercantile Exchange, Energy, Chevron, Exxon Mobil, Natural Resources, Apple, Technology, General Motors, U.S . Locations: Asia, Tokyo, Sydney, Seoul, Shanghai, Taiwan, Hong Kong, Israel, U.S, Gaza, Iran

House Republicans narrowly voted to nominate Rep. Tom Emmer for speaker on Tuesday after a series of votes where he edged out the latest slate of candidates eyeing the gavel. 2 House Republican, spelling uncertainty for Emmer’s prospects in a floor vote. As a member of leadership, Emmer had an edge over his opponents in his staff operation. But like those who came before him in the speaker standoff, Emmer is not without his opposition. Emmer voted to certify the 2020 election, he reportedly encouraged House Republicans to distance themselves from Trump in the midterm elections and, like other members of House leadership, he hasn’t endorsed Trump’s 2024 bid.

Persons: Tom Emmer, –, Kevin McCarthy, Steve Scalise, Emmer, Mike Johnson of, McCarthy, he’s, speakership, Donald Trump, hasn’t, Trump’s, Trump, he’s “, Jim Jordan, Scalise, he’ll Organizations: Republicans, Republican, Minnesota Republican, National Republican Congressional, Trump Locations: Mike Johnson of Louisiana, Jordan

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