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☆ Matt Gaetz would oversee US prisons as AG. He thinks El Salvador’s hardline lockups are a model
▼ + stars: | 2024-11-14 | by ( David Culver | Rachel Clarke | ) edition.cnn.com time to read: +4 min

CNN —As he stood inside the echoing hall of the prison, Matt Gaetz seemed impressed. It was July, and Gaetz — who will oversee the Federal Bureau of Prisons if he becomes attorney general — was visiting El Salvador’s notorious Terrorism Confinement Center (Cecot), where gang leaders and murderers are locked up and from which they are never released. “This is the solution” for El Salvador, Gaetz added, in a video released by Bukele. That trip came just a month after Gaetz, Donald Trump Jr. and others traveled to Bukele’s second inauguration. Gaetz founded a congressional El Salvador caucus with Democratic Rep. Vicente Gonzalez of Texas in July in a rare moment of bipartisanship.

Persons: Matt Gaetz, “, ”, Gaetz, Donald Trump’s, Gaetz —, —, El Salvador’s, El, Nayib Bukele, Trump, Bukele —, Bukele, Donald Trump Jr, Vicente Gonzalez Organizations: CNN, Federal Bureau of Prisons, El, Supreme, Time Magazine, Democratic Rep, Vicente Gonzalez of Texas, Representatives, State Department Locations: United States, El Salvador, Central, South America

☆ Inside the Goldman Sachs marketing push that has some execs perplexed
▼ + stars: | 2024-11-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +14 min

AdvertisementTop Goldman officials denied any plans to cut Carter's department and said she had upgraded Goldman's marketing capabilities. "It sounds like a few people have a quaint understanding of marketing at Goldman Sachs," a Goldman spokesman, Tony Fratto, said. They turned to the consulting giant McKinsey, which recommended Goldman increase its marketing budget and hire a chief marketing officer, these people said. Related storiesAs AT&T's chief brand officer, Carter handled sports sponsorships, advertising, and diversity messaging in a division headed by the telecom giant's global marketing officer, Lori Lee. PATRICK T. FALLON/AFP via Getty ImagesIn recent weeks, Goldman's marketing team has suffered more departures.

Persons: Goldman Sachs, Goldman, Fiona Carter, Carter, David Solomon's, Solomon, Tony Fratto, It's, Goldman dealmaker, —, John Waldron, Lori Lee, Robert De Niro, Katie Holmes, John Rogers, Waldron, Rogers, Fratto, Sean Zanni, Jake Siewert, Maria dal, speechwriting, Dal Pan, Goldman Sachs SAUL LOEB, Matt Gibson, David Solomon, PATRICK T, FALLON, Jason Hill, snagging, There's, Russell Horwitz, Goldman's, Horwitz, " Horwitz, Emmalyse Brownstein, Reed Alexander Organizations: Goldman, Business, Forbes, McKinsey, T's, Hollywood, Tribeca Film, Goldman's New, BI, AFP, Formula One United, Prix, Getty, White Locations: Sachs, Goldman's, Goldman's New York City, Formula One United States, Austin , Texas, York City

☆ Neom, Saudi Arabia's high-tech desert city, is heading for a dialed-down first stage as costs soar
▼ + stars: | 2024-11-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. The new city faces financial challenges, leadership changes, and scrutiny over human rights issues. AdvertisementSaudi Arabia is changing plans for mega-city Neom to cut costs and prioritize building for international sporting events. Governments and human rights groups have also scrutinized alleged human rights abuses, including of migrant workers building Neom. In July, Saudi Arabia rejected allegations that three men were sentenced to death because they criticized evictions to make way for the Neom project.

Persons: —, Neom, Francois Nel Organizations: Service, Reuters, Games, NEOM Beach, Neom Locations: Saudi Arabia, New York City, Saudi

☆ Some voters retain optimism for a woman president following Trump's win: 'Americans are ready, it just wasn't meant to be Harris'
▼ + stars: | 2024-11-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +8 min

But the idea of electing the first female president didn't strongly motivate people to turn out. They don't expect that America will have to wait much longer for a female president. "I voted for Vice President Harris, but there was so much pause in that decision — I debated it for weeks," she says. Harris' loss has not diminished Amiwala's optimism that the U.S. could elect its first female president soon. "I think Americans are ready for a woman president, it just wasn't meant to be Harris," Amiwala says.

Persons: Kamala Harris, Donald Trump, Hillary Clinton's, didn't, Harris, Ali Vitali, —, Joe Biden, Vitali, Amiwala, she's, that's, Chip Somodevilla, Chabaka, Biden, Natasha Bowman, Bowman, Trump, Alejandra Toro, Toro, — wasn't, Laura Kray, Kray, Taylor Swift Organizations: AP VoteCast, NBC News, CNBC, NBC, Capitol Hill, AP, Carolina Girls, Horizon, Getty, Republican, Center for Equity, UC Berkley's Haas School of Business Locations: Fairfax , Virginia, America, U.S, Chicago, Israel, Palestine, Greensboro , North Carolina, Sioux Falls , South Dakota, New York, Charlotte , North Carolina

☆ Why Trump is trying to outrage Washington with his controversial Cabinet picks
▼ + stars: | 2024-11-14 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Donald Trump’s increasingly provocative Cabinet picks have left some Republican senators aghast and Washington in shock. The dismay engulfing establishment elites contrasted with the euphoria rocketing through conservative networks and social media among Trump fans. News that Hegseth had been picked to lead the Pentagon rocked Washington the night before the Gaetz pick and sparked similar questions about Trump’s motives. And she was accused of “parroting” false propaganda from America’s premier espionage adversary, Russia, by no less than Utah GOP Sen. Mitt Romney. Not all Trump’s picks are contentious.

Persons: Donald Trump’s, aghast, Florida Republican Matt Gaetz —, Justice Department —, Tulsi Gabbard, Trump’s MAGA, Pete Hegseth, Geraldo Rivera, Gaetz —, Trump, ‘, Anthony Scaramucci, CNN’s Jake Tapper, Pennsylvania Democratic Sen, John Fetterman, CNN’s Manu Raju, “, —, Gaetz, Elie Honig, Hegseth, Gabbard, ”, Bashar al, Assad, Utah GOP Sen, Mitt Romney, Florida Sen, Marco Rubio, Rubio, Alaska Sen, Lisa Murkowski, Maine Sen, Susan Collins, Iowa Republican Sen, Joni Ernst, South Dakota Sen, John Thune, Thune, Matt Gaetz, Alabama Sen, Tommy Tuberville, Republicans — you’re, ” Tuberville, acquiesce Organizations: CNN, Florida Republican, Justice Department, Democratic, Fox News, Trump, Senate, Pennsylvania Democratic, Gaetz, FBI, CNN International ., Pentagon, Fox, Defense Department, Utah GOP, GOP, Republican Trump, Iowa Republican, South Dakota, Republican, Republicans, Pennsylvania Senate, Treasury, Health, Human Services, Republican Senate Locations: Washington, Florida, Pennsylvania, Russia, America, Iraq, Afghanistan, Hawaii, Utah, China, Alaska, South, Alabama

☆ Amazon was questioned by House China committee over 'dangerous and unwise' TikTok partnership
▼ + stars: | 2024-11-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company's partnership with TikTok, CNBC confirmed. A spokesperson for the House Select Committee on the Chinese Communist Party confirmed the meeting, which centered on a shopping deal between Amazon and TikTok announced in August. The agreement allows users of TikTok, owned by China's ByteDance, to link their account with Amazon and make purchases from the site without leaving TikTok. "The Select Committee conveyed to Amazon that it is dangerous and unwise for Amazon to partner with TikTok given the grave national security threat the app poses," the spokesperson said. Representatives from Amazon and TikTok didn't immediately respond to a request for comment.

Persons: TikTok, China's ByteDance, didn't, Joe Biden, Jan, Donald Trump, CNBC's, Trump, Jeff Yass, —, Jonathan Vanian Organizations: Dublin City Centre, Amazon, House, TikTok, CNBC, Chinese Communist Party, Bloomberg, Republican, Susquehanna International Group, NBC Locations: Dublin, Ireland, House China, U.S, ByteDance, Yass

☆ Trump AG pick Matt Gaetz under scrutiny as House Ethics report on sex, drug claims takes focus
▼ + stars: | 2024-11-14 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

The surprise announcement Wednesday, and Gaetz's swift resignation from Congress, also drew attention to a House Ethics Committee probe into allegations that Gaetz engaged in sexual misconduct, illicit drug use and other wrongdoing. "I think there should not be any limitation on the Senate Judiciary committee's investigation, including whatever the House Ethics Committee is generated," Cornyn told reporters on Capitol Hill. We would support the House Ethics Committee immediately releasing their report," John Clune, a partner at Hutchinson Black and Cook, wrote on X. Gaetz's resignation effectively ends the Ethics Committee probe, because the panel's reach is limited to members of the House. The Ethics panel was slated to meet Thursday behind closed doors, a source familiar with the situation told NBC.

Persons: Donald Trump's, Matt Gaetz, Gaetz, Sen, John Cornyn of, Cornyn, Department of Justice —, Gaetz's, John Clune, Cook, Michael Guest Organizations: Senate, Republican, Capitol, Department of Justice, Hutchinson, Punchbowl News, Committee, NBC Locations: Florida, John Cornyn of Texas

☆ I stayed in a 540-square-foot luxury tent at the edge of Africa's Serengeti National Park. The lodge was stunning, but the safari perks were the real highlight.
▼ + stars: | 2024-11-14 | by ( Monica Humphries | ) www.businessinsider.com time to read: +9 min

At the edge of Serengeti National Park sits TAASA, a luxury safari lodge. The lodge sits near three ecosystems: the Serengeti National Park, the Maasai Mara National Reserve, and the Ngorongoro Conservation Area. A pair of zebras and a lion in the Serengeti National Park in Tanzania. In Serengeti National Park, night game drives aren't permitted. I whispered the words to myself on game drives and woke up to the lyrics in my mind some mornings.

Persons: —, Jambo, Habari, Mzuri sana, TAASA's, May Simon, Simon, TAASA, Monica Humphries, Mikindo, Logolie Milya, Sam, Milya Organizations: Service, Toyota, Cruiser, Business, Mara, Reserve, Rovers Locations: TAASA, Tanzania's Lobo, Lodge, Ngorongoro, Tanzania, Ololosokwan

☆ A Norwegian fisherman accidentally caught a US submarine in his nets
▼ + stars: | 2024-11-14 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A Norwegian fisherman caught a US submarine in his nets this week. The US Navy has sent several vessels into nearby waters in recent months amid tensions with Russia. AdvertisementA Norwegian fisherman made a surprising catch on Monday in the form of a US submarine. In June, the Ohio-class ballistic missile submarine USS Tennessee and the cruiser USS Normandy were deployed to the Norwegian Sea in response to Russian maneuvers, defense news site Army Recognition reported. AdvertisementIn September, US lawmakers expressed concerns about delays and soaring costs in building new vessels, including Virginia-class submarines, particularly in light of China's recent naval expansions.

Persons: —, Harald Engen, Engen, Pierson Hawkins, Hawkins, Harry S, Wales, Jason Dunham, USS Stout, Ken Calvert Organizations: US Navy, Service, NRK, Norwegian Coast Guard, Barents Observer, Fleet, Forces, Truman Carrier Strike, British, USS, US Naval Forces Locations: Norwegian, Russia, Malangen, Norway's, Virginia, Tromsø, Norway, Ohio, Tennessee, Normandy, Barents, US Naval Forces Europe, Africa

☆ Matt Gaetz's most controversial moments
▼ + stars: | 2024-11-14 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

He has also been the subject of multiple House Ethics Committee probes. Related Video House of Representatives tumbles into chaos as fight for new speaker eruptsHere are some of the most controversial moments of Gaetz's career so far:He invited a Holocaust denier to the State of the Union. AdvertisementDemocrats urged the House Ethics Committee to investigate the matter. Advertisement"I'll give you the truth why I'm not speaker," McCarthy said in April 2024. House Ethics Committee probes GatezThe House Ethics Committee opened its probe into Gaetz in 2021.

Persons: Donald Trump, Matt Gaetz, Washington, Gaetz, —, Donald Trump's, Charles C, Johnson, he's, Michael Cohen, Trump's, Nancy Pelosi's, Trump, Gatez, Joel Greenberg, Greenberg, Harry Potter, Gaetz's, Kevin McCarthy, Mike Rogers of, McCarthy, Rogers, I'm Organizations: Service, Justice Department, Committee, Department, FBI, Drug, Administration, Alcohol, Tobacco, Firearms, Explosives, Union, Daily, Fox Business, Oversight, Twitter, Florida Bar Association, Business, DOJ, Washington Post, Republicans, House Armed Services Committee, House Democrats, Republican National Convention, Times, Florida Republican Locations: Washington, Union ., Gaetz, Florida, Mike Rogers of Alabama, Gatez, loggerheads

☆ Lavish gold-domed penthouse in New York City on sale for $25 million
▼ + stars: | 2024-11-14 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +3 min

CNN —Visitors to New York City’s famed Flatiron Building may have noticed the landmark’s lesser-known neighbor — a narrow high-rise that would be modest if not for its extravagant gold dome. Now, the 5,777-square-foot penthouse that occupies the shimmering dome (and the two-story octagonal cupola it crowns) is on sale for $25 million. The five-bedroom, five-bathroom property sits atop 170 Fifth Avenue, which was built in 1898 and predates the Flatiron Building by four years. The building has been standing four years longer than its famous neighbor, the Flatiron Building. Alexander Alland, Jr. /Corbis Historical/Getty ImagesHaving once contained various businesses, including a publishing house, 170 Fifth Avenue was converted into a condominium at the turn of the millennium.

Persons: Eitan Gamliely, ”, Lawrence Treglia, it’s, Treglia, Robert Maynicke, Maynicke, Jay Maisel, Alexander Alland, Gregory C, Carr, ” Treglia Organizations: CNN, Visitors, New York Times, Tiffany Locations: New York, York, preschools, Mozambique

☆ These Trump loyalists named to roles in the new administration once flocked to a courtroom for his criminal trial
▼ + stars: | 2024-11-14 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

Four of the Trump loyalists who rallied behind him during the trial have already been tapped for roles in the president-elect's incoming administration. AdvertisementThose Trump allies include:JD Vance attended Trump's hush-money trial. AdvertisementGaetz was among an entourage of rank-and-file House Republicans who showed up at Trump's hush-money trial in support of the then-presidential hopeful. AdvertisementVivek Ramaswamy called Trump's hush-money trial "a politicized persecution" when he showed up at the courthouse. The congressman supported Trump in court during the hush-money trial on May 16.

Persons: Donald Trump, JD Vance, Matt Gaetz, Vivek Ramaswamy, Mike Waltz, Trump, —, Mark Peterson, Vance Ohio Sen, Vance, Michael Cohen, Cohen, Trump's, Victor J, Matt Gaetz Trump, Gaetz, Curtis Means, Elon Musk, Ramaswamy, Michael M, Mike Waltz Trump, Waltz Organizations: Service, Trump, Florida, Vivek, GOP, Department of Government, NY Locations: Manhattan, Washington

☆ Trump picks vaccine skeptic RFK Jr. for Health and Human Services secretary
▼ + stars: | 2024-11-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Independent Presidential candidate Robert F. Kennedy Jr. gives a keynote speech during the Bitcoin 2024 conference at Music City Center July 26, 2024 in Nashville, Tennessee. President-elect Donald Trump said Thursday that he will nominate vaccine skeptic and conspiracy theorist Robert F. Kennedy Jr. as secretary of the Health and Human Services Department. Kennedy, 70, is the son of Robert F. Kennedy, the late U.S. attorney general and Democratic senator from New York who was assassinated in 1968 by a gunman in Los Angeles as he ran for president. "I am thrilled to announce Robert F. Kennedy Jr. as The United States Secretary of Health and Human Services," Trump wrote in a post on his Truth Social site Thursday. Stock prices of vaccine makers fell earlier Thursday on reports that Trump would tap Kennedy for the HHS post.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, John Kennedy, Trump, Matt Gaetz, Gaetz Organizations: Music City, Health, Human Services Department, Food and Drug Administration, National Institutes of Health, Centers for Disease Control, Democratic, United, Human Services, Public Health, HHS, NBC News, FDA, CDC, Republican, Department of Justice, Trump Locations: Nashville , Tennessee, U.S, New York, Los Angeles, combatting

☆ Crisis-era regulation has 'gone too far', Reeves tells UK finance sector
▼ + stars: | 2024-11-14 | by ( ) www.cnbc.com time to read: +2 min

Britain's Finance Minister Rachel Reeves has pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability. Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain's "crown jewel" financial industry which she said has shackled the City's global prospects since the global financial crisis and stifled UK economic growth. That has gone too far and, in places, it has had unintended consequences which we must now address." The former Bank of England economist will propose five priority growth opportunities to maximize potential for growth in UK financial services, namely capital markets, fintech, sustainable finance, asset management and wholesale services, and insurance and reinsurance, the excerpts showed. She said the first Financial Services Growth and Competitiveness Strategy would be published in spring to serve as a roadmap for growth, cementing the sector's place at the heart of the government's 10-year Industrial Strategy.

Persons: Rachel Reeves, Reeves, Donald Trump's, Keir Starmer Organizations: Britain's, Bank of England, Financial

WASHINGTON — President-elect Donald Trump stunned Senate Republicans by announcing Wednesday that he will nominate Rep. Matt Gaetz, R-Fla., to be attorney general. Some Senate Republicans said the process won’t be smooth sailing. Sen. Lisa Murkowski, R-Alaska, said it will be “a significant challenge” for Gaetz to win enough votes to be confirmed. I can’t even believe it.”Sen. Richard Blumenthal, D-Conn., a member of the Judiciary Committee, said Gaetz lacks basic qualifications for the job. “We met with President Trump and said, ‘Please, no more House members after Matt Gaetz,’” Scalise said.

Persons: Donald Trump, Matt Gaetz, Sen, Lisa Murkowski, Gaetz, “, That’s Lisa Murkowski’s, ” Murkowski, ” Sen, Joni Ernst, “ He’s, John Cornyn, ”, ” Cornyn, Cornyn, we’ll, Thom Tillis, Susan Collins, Collins, there’s, Kevin Cramer, Katie Britt, Ron Johnson, Pete Ricketts, didn’t, Trump’s, Chris Coons, Peter Welch, Joe Manchin, Richard Blumenthal, Conn, ” Blumenthal, John Fetterman, it’s, Mike Simpson, Simpson, Steve Scalise, he’s, President Trump, ” Scalise, Max Miller Organizations: WASHINGTON, Trump, Senate, Pennsylvania Senate, Republicans, Committee, House, ” Locations: Pennsylvania, Alaska, Iowa, Texas, Maine, Idaho, Ohio

Judith Joseph described the current violence and political turmoil in Haiti — a place she calls home — as heartbreaking and devastating. “For me, it’s very emotional.”“The gangs, the gangs, my God,” she said. Haitian National Police officers patrol the area near Toussaint Louverture International Airport in Port-au-Prince, Haiti, on Aug. 12, 2024. Clarens Siffroy / AFP via Getty Images fileA JetBlue flight to New York and an American Airlines flight returning to Miami were also shot on the same day. The flights were shot at on the same day Haiti swore in a new prime minister, adding to the country’s political turmoil.

Persons: Judith Joseph, —, ” Joseph, ”, Prince, Clarens Siffroy, that’s, “, Jacques Balynce’s, ” Balynce Organizations: FAA, Spirit Airlines, Haitian National Police, Getty, JetBlue, American Airlines, Angels, Humanity, U.S . State Department Locations: Haiti, Port, Fort Lauderdale, Fla, Toussaint, Prince, AFP, New York, Miami, Cap, U.S, Dominican Republic

House Republicans’ razor-thin victory was propelled by Trump’s decisive win over Vice President Kamala Harris in both the Electoral College and the popular vote. So far, Republicans have captured the 218 seats needed to secure the majority to Democrats’ 208 seats. Last week, Republicans flipped three Democratic Senate seats to win control of the upper chamber. They were among the 18 GOP House districts that President Joe Biden carried in 2020. Democratic challenger George Whitesides also ousted vulnerable GOP Rep. Mike Garcia in Southern California.

Persons: Donald Trump, House Republicans ’, Trump’s, Kamala Harris, Hakeem Jeffries, Mike Johnson, Brandon Williams, Anthony D’Esposito, Marc Molinaro, Joe Biden, George Whitesides, Mike Garcia, Rob Bresnahan, Matt Cartwright, Trump, Ryan Mackenzie, Susan Wild, Scott Perry, Janelle Stelson, Perry, Elissa Slotkin, Gabe Evans, Yadira Caraveo, Sen, Lindsey Graham, It’s, Johnson, Elise Stefanik, Mike Waltz, Kevin McCarthy of, —, Steve Scalise, Tom Emmer, ” Johnson, “, ” Organizations: WASHINGTON, NBC News, Republican, Trump, House Republicans, Electoral College, Democrats, Republicans, ’, Democratic, GOP, Keystone State, Freedom, Democratic Rep, Affordable, New, New York Republican, White Locations: Washington, America, New York, Syracuse, Long, Hudson, Southern California, battlegrounds, Pennsylvania, Michigan, Keystone, Allentown, Harrisburg, Denver, Florida, Kevin McCarthy of California, Louisiana, Minnesota

WASHINGTON — Over the last two years, a narrow Republican House majority has fought bitterly over everything from electing a speaker, keeping the government functioning and even passing symbolic messaging bills. Now, Republicans have clinched at least 218 seats to win a House majority, NBC News projects, but it’ll be another small one. “The House has always been a chaotic place, will always be a chaotic place. And here in the Senate, obviously, we continue to have a number of tools to exercise.”There is precedent for a narrow House majority delivering major legislation. ‘Trump is so volatile’Rep. Steny Hoyer, D-Md., a former House majority leader, told NBC News that nobody knows what to expect from the new GOP trifecta.

Persons: it’ll, Donald Trump, Will, it’s, Tony Gonzales, Mitch McConnell, John Thune, Rob Bresnahan, ” Democratic Sen, Chris Van Hollen, Joe Biden’s, “, ”, Dusty Johnson, Robert Garcia, ” Garcia, Rosa DeLauro, “ We’ll, midsession, Biden, Mike Johnson, Richard Hudson, ” Hudson, we’ve, Ken Calvert, ‘ Trump, Steny Hoyer, Trump, ” Hoyer, Mark Pocan, Michael Waltz, Elise Stefanik, they’re, they’ve, ” Pocan Organizations: WASHINGTON, Republican, Republicans, NBC News, ”, Democratic, GOP, Trump, White House, ” Democratic, Senate, 119th Locations: Washington, Texas, Ky, Pennsylvania, Maryland, Connecticut, Ukraine, Russia, North Carolina, R, Los Angeles

WASHINGTON — Rep. Dan Goldman, D-N.Y., plans to file a resolution in the House on Thursday that would express support for the 22nd Amendment of the Constitution, which sets the term limits for the president. However, he could introduce it as a privileged resolution to force Republicans to vote on the matter. The resolution, which NBC News obtained Wednesday, reaffirms that the 22nd Amendment "applies to two terms in the aggregate as President of the United States" and reaffirms that it "applies to President-elect Trump." The resolution lists a number of instances in which Trump has joked or floated the idea of serving longer than two terms in the White House or being a dictator. To amend the Constitution and modify term limits for president, both the House and the Senate would need to approve amendment language by two-thirds votes.

Persons: Dan Goldman, Trump, “, we’ve, Harry Truman, Franklin D, Roosevelt Organizations: WASHINGTON —, NBC, New York Times, House Republican, Congressional Research Service, Congress, National Conference of State Legislatures Locations: United States, Trump

☆ Democrat Dave Min defeats Scott Baugh in critical California House race
▼ + stars: | 2024-11-13 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +1 min

Democrat Dave Min has defeated Republican Scott Baugh in the race for a congressional seat in Orange County, California, NBC News projects. The results come after a contentious election cycle in a swing district with rapidly shifting demographics. The number of registered Democrats is nearly identical to the number of registered Republicans in a district where unaffiliated voters largely decided the race. But Min previously told NBC News that his advocacy for the community makes him well-positioned to represent it. “Those of us who are Asian American end up representing not just our own districts but Asian Americans across the entire region, maybe across the entire U.S.”

Persons: Dave Min, Republican Scott Baugh, Min, Baugh, ” Min, ” Organizations: Republican, NBC, NBC News Locations: Orange County , California, America, Irvine, American, U.S

Price growth ticked higher in October as voters began casting ballots in a presidential election in which economic concerns played a big role. The consumer price index climbed to 2.6% last month since the same time last year, the Bureau of Labor Statistics reported Wednesday. Stock futures turned higher, while traders bid up the price of government bonds. All-important shelter costs rose 0.4% from September to October, accounting for over half the monthly gains, the BLS said. Over the past four years, consumer prices have cumulatively increased about 20%, with the costs of many other goods and services rising even faster.

Persons: That's, Joe Biden’s, ” Kathy Jones, Charles Schwab, ”, Donald Trump, Trump, Jerome Powell Organizations: of Labor Statistics, BLS, Charles, Charles Schwab Center, Financial Research, ” Voters, White House, Trump, Investors, Adobe, National Retail Federation, Peterson Institute for International Economics, Citi Locations: —

☆ Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
▼ + stars: | 2024-11-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a reason. Crown Prince Mohammed bin Salman has poured hundreds of billions of dollars into development projects through the kingdom’s PIF sovereign wealth fund. Saudi Arabia, the world’s top oil exporter, is still heavily reliant on hydrocarbon revenues, and low oil prices and production have hit state coffers. He has been the head of the PIF’s Local Real Estate Division since 2018 and has a deep understanding of NEOM and its projects, NEOM said. In his role at PIF, Al-Mudaifer oversees all local real estate investments and infrastructure projects, and he is a board member of several prominent companies in the kingdom.

Persons: Nadhmi, Nasr, NEOM, Prince Mohammed bin Salman, Aiman, Mudaifer Organizations: Reuters, Al, Real, Division Locations: Saudi, Belgium, NEOM, Saudi Arabia, PIF, Al

Former Vice President Mike Pence was, for most of their four years together, a loyal partner who helped smooth Trump’s dealings with establishment Republicans and evangelical conservatives. “It compresses things,” said Joel Goldstein, a vice presidential scholar and professor emeritus at Saint Louis University. At one point, polling showed him to be one of the least-liked vice presidential candidates over the last 30 years. And during his own presidency, Biden tasked Vice President Kamala Harris with the tough-to-define and tough-to-evaluate assignment of tackling the root causes of migration from Mexico and Central America. He also was the last sitting vice president to win the presidency.

Persons: JD Vance, — “, Vance, ”, Donald Trump, Trump, “, Jordan Wiggins, “ He’s, Al Gore, Bill Clinton’s, Joe Biden, Barack Obama, Obama, Grover, Mike Pence, Pence, Trump —, Joel Goldstein, Tim Walz, JD, ” Wiggins, ” Vance, isn’t, “ JD, ” Vance hasn’t, Gore, George W, Bush, Dick Cheney, Biden, Kamala Harris, Harris, I’d, George H.W, George H.W . Bush, Ronald Reagan, Reagan Organizations: Republican Party, Trump, Jan, U.S . Capitol, Saint Louis University, Senate, Democratic, Minnesota Gov, NBC, Press, GOP, The New York Times, Central America, NBC News, Republican National Convention Locations: Ohio, Cincinnati, Grover Cleveland, Iowa, New Hampshire, Minnesota, Clinton, Mexico, Central, George H.W .

☆ Trump victory may provide TikTok a lifeline to remain in the U.S.
▼ + stars: | 2024-11-13 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +2 min

In April, President Joe Biden signed a law that requires China's ByteDance to sell TikTok by Jan. 19. Although both Republicans and Democrats supported the Biden TikTok ban in April, Trump voiced opposition to the ban during his candidacy. Since his election, Trump hasn't publicly discussed his plans for TikTok, but Trump-Vance transition spokeswoman Karoline Leavitt told CNBC that the president-elect "will deliver." "The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail," Leavitt said in a statement. That month it was also reported that Yass was a part owner of the business that merged with the parent company of Trump's Truth Social.

Persons: Donald Trump, Tim Cook, Meta, Mark Zuckerberg, Jeff Bezos, Shou Zi Chew, Joe Biden, Jan, Trump's, Trump, CNBC's, Kamala Harris, We're, Trump hasn't, Vance, Karoline Leavitt, Leavitt, TikTok, Jeff Yass Organizations: U.S, Apple, U.S ., Google, White, Democrats, Biden, Trump, CNBC, Republican, Susquehanna International Group, NBC Locations: Communist China, U.S, Smithton , Pennsylvania, Chew, TikTok, ByteDance, Yass

☆ A 'spite house' said to have been built by a man for his ex became an icon. Now it's the center of a demolition battle.
▼ + stars: | 2024-11-13 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

A "spite house" in Massachusetts was set to be torn down until residents stepped in. The US Fish and Wildlife Service, which owns the home, wants to remove it to better support wildlife. A resident donated up to $1 million to make necessary repairs to the Pink House. Go to newsletter preferences Thanks for signing up! Locals told Business Insider that for almost 100 years, the Pink House had been a roadside sign of a good day to come at the beach.

Persons: — Organizations: and Wildlife Service, Pink, Service, Locals Locations: Massachusetts, Plum, Boston

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