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☆ Bitcoin tumbles back to the $60,000 level as tensions in the Middle East heighten
▼ + stars: | 2024-10-01 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Around 4:45 p.m. Eastern time, bitcoin slid to as low as $60,175. Crypto exchange Coinbase dropped about 1% and bitcoin proxy MicroStrategy lost 2%, after closing lower by 7.4% and 3.5%, respectively. Stock Chart Icon Stock chart icon Crypto assets tumble to start October and the fourth quarterRising tensions in the Middle East dampened investors' risk appetite as the new trading month and quarter began. "Surging unrest across the Middle East has propelled oil prices upward and reinforced the dollar's strength, casting a shadow over bitcoin and other speculative investments," said Chris Kline, chief operating officer and co-founder of Bitcoin IRA. "Meanwhile, a global monetary tug-of-war is unfolding as various central banks slash interest rates and expand their money supplies."

Persons: Jonathan Raa, Cryptocurrencies, bitcoin, Coinbase, MicroStrategy, Hassan Nasrallah, Chris Kline Organizations: Nurphoto, Getty, bitcoin, Metrics, International Longshoremen's Association, Gulf Coasts Locations: Iran, Israel, Iranian, Lebanon

FoundersCard is an exclusive membership for startup founders, CEOs, entrepreneurs, and innovators. Beyond personal benefits, it can provide direct, tangible benefits to the business or project that you're trying to grow. FoundersCard Membership BenefitsFoundersCard offers a wide range of benefits that can be loosely broken into three categories: savings and discounts, VIP treatment and perks, and exclusive events. British Airways offers FoundersCard members up to 10% off most round-trip fares between the US or Canada and the UK. FoundersCard is a private membership club offering access to exclusive benefits and networking opportunities for entrepreneurs and business professionals.

Persons: — there's, —, FoundersCard, Eric Kuhn, it's, MOO, General Assembly —, isn't, David E, David Organizations: Cathay Pacific, British Airways, . Alaska Airlines, Continental, JetBlue, Mint, American Airlines, Qantas, Australian, Emirates, Singapore Airlines, Apple, General Assembly, Business, Chevron, Yorker, Muhlenberg College, University of Edinburgh, Twitter Locations: Austin, Canada, Continental US, Hawaii, Australia, New Zealand, East, Asia, Africa, Chevron, Slotnick, Scotland

☆ Fact check: JD Vance and Tim Walz at the vice presidential debate
▼ + stars: | 2024-10-01 | by ( Cnn Staff | ) edition.cnn.com time to read: +32 min

Tim Walz and Republican Sen. JD Vance of Ohio are facing off Tuesday night in New York City for their first – and only – vice presidential debate. Vance mischaracterizes Harris’ role on border policySen. JD Vance claimed that Vice President Kamala Harris was appointed the “border czar” during the Biden administration. Tim Walz and Sen. JD Vance attend a debate hosted by CBS News in New York on Tuesday. A recent report from the US Department of Energy found 142,000 new clean energy jobs were created in 2023. Alex Kent/Getty Images Cutout images of Vance and Walz are displayed at a debate watch party in New York.

Persons: Tim Walz, Republican Sen, JD Vance, Vance mischaracterizes Harris, Sen, Kamala Harris, ”, Biden, Donald Trump, ” Vance, Harris, Alejandro Mayorkas, “, Daniel Dale Minnesota, Mike Segar, Reuters Walz, aren’t, Joe Biden’s, –, CNN’s Ella Nilsen, Joe Biden, Michael Ciaglo, Vance, Springfield , Ohio Sen, you’ve, Mike DeWine, Daniel Dale, Danya, Jessie Wardarski, Kamala Harris “, Donald Trump’s, CNN’s Dana Bash, CNN’s Hannah Rabinowitz, John Modlin, Rebecca Noble, Walz, ” Walz, Al Drago, Matt Rourke, Ken Betancur, Angela Weiss, Joe Raedle, Chip Somodevilla, Norah O'Donnell, Margaret Brennan, Brendan McDermid, Reuters Vance, Julia Demaree Nikhinson, Alex Kent, Victor J, Charly Triballeau, Getty Images Walz, Kevin Wexler, Anna Moneymaker, Trump, Roger Severino, ” –, Norah O’Donnell, Katie Lobosco Vance, CNN’s Manu Raju, Ted Barrett, …, Trump’s, “ Alabama’s, Andrew Kaczynski, Em Steck Vance, unfroze, Wally Adeyemo, Jennifer Hansler Vance, Joe Manchin, Dave Renner, ” Dr, Erin Stevens, ” Stevens, It’s, ” Renner, Jack Forrest Vance, DHS ‘, Kamala Harris ’, General, Immigrations, ” Aaron Reichlin, didn’t, Jack Forrest Organizations: CNN, Democratic Minnesota Gov, Republican, White, Homeland, Central, Daniel Dale Minnesota Gov, CBS News, Reuters, Biden, Senate, US Department of Energy, 2024 Energy, Bidenomics, CS Wind, CS, YES, ” Republican Ohio Gov, New York Times, US, American Civil Liberties Union, Enforcement, Democratic, US Border Patrol, Getty, Heritage Foundation, for Disease Control, CDC, Department of Health, Human Services, Minnesota Gov, CBS Broadcast Center, Bloomberg, People, CBS, Center, Journalists, United Federation of Teachers, Getty Images, USA, New York, Secret Service, Trump, Congress, Fox News, MIT, CNN’s Ella Nilsen Workers, AFP, Tuesday’s, Minnesota Medical Association, American College of Obstetricians, “, DHS, Department of Homeland Security, Homeland Security, Customs Enforcement, ICE, HHS, American Immigration Council, ICE hasn’t, New York Post, Washington Times Locations: Ohio, New York City, El Salvador, Guatemala, Honduras, United States, Mexico, New York, Pueblo , Colorado, Springfield , Ohio, Springfield, ”, US Border Patrol Tucson, Douglas , Arizona, AFP, Minnesota, New, Kendall , Florida, California, Iran, Israel, South Korea, Qatar, China, United States of America, West Virginia, Fuzhou, China's Fujian

☆ Takeaways from the Vance and Walz vice presidential debate
▼ + stars: | 2024-10-01 | by ( Eric Bradner | Daniel Strauss | ) edition.cnn.com time to read: +9 min

CNN —The vice presidential debate between Ohio Sen. JD Vance and Minnesota Gov. Vance repeatedly hit Vice President Kamala Harris on border security, while Walz lambasted former President Donald Trump on abortion rights. Tim Walz take part in a vice presidential debate at the CBS Broadcast Center in New York on Tuesday, October 1. Chip Somodevilla/Getty Images Vance addresses Walz during the debate. Alex Kent/Getty Images Cutout images of Vance and Walz are displayed at a debate watch party in New York.

Persons: Ohio Sen, JD Vance, Tim Walz, that’s, Vance, Kamala Harris, Walz, Donald Trump, Harris ’, Trump, Walz —, Vance —, ”, “ Donald Trump, ” Walz, Mike DeWine, “ you’ve, you’ve, Vance didn’t, didn’t, Margaret Brennan, Harris, Joe Biden’s, Sen, Al Drago, Matt Rourke, Ken Betancur, Angela Weiss, Joe Raedle, Chip Somodevilla, Mike Segar, Norah O'Donnell, Brendan McDermid, Reuters Vance, Julia Demaree Nikhinson, Alex Kent, Victor J, Charly Triballeau, Getty Images Walz, Kevin Wexler, Anna Moneymaker, Walz filibustered, “, ” Vance didn’t, Roe, Wade, ” Vance Organizations: CNN, Minnesota Gov, Republican, Trump, Ohio Gov, CBS, Springfield, CBS Broadcast Center, Bloomberg, Getty, People, Center, Reuters, Journalists, United Federation of Teachers, Getty Images, Democratic, USA, New York, Secret Service, Minnesota Public Radio, APM, “, Heritage Foundation’s, for Disease Control, Republican Party Locations: Ohio, Minnesota, CNN Springfield, Springfield , Ohio, Springfield, American, ”, United States, Central, New York, New, AFP, Kendall , Florida, China, Hong Kong

☆ Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream
▼ + stars: | 2024-10-01 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Bill Gates' ideal tax system would leave him worth 62% less, but still a billionaire. The Microsoft cofounder said the rich should pay higher taxes and give the rest to good causes. The Future with Bill Gates." Gates' latest comments suggest he'd like to be about $100 billion less wealthy at around $62 billion. He's previously said he would have paid "tens of billions" more in taxes if he'd designed the US tax system.

Persons: Bill Gates, —, Microsoft wouldn't, Gates, Kara Swisher, Sen, Bernie Sanders, Sanders, that's, Melinda Gates, whatever's, He's, he'd Organizations: Microsoft, Service, Netflix, Bloomberg, Melinda Gates Foundation Locations: Korea, America

☆ These are the 10 most valuable college degrees—all but 1 help grads earn six figures
▼ + stars: | 2024-10-01 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +5 min

Electrical engineeringMedian salary: $115,000$115,000 Unemployment rate: 1.9%1.9% Percentage of workers with advanced degrees: 47.6%2. Computer engineeringMedian salary: $112,000$112,000 Unemployment rate: 2.1%2.1% Percentage of workers with advanced degrees: 38.8%3. Petroleum engineeringMedian salary: $100,000$100,000 Unemployment rate: 0.9%0.9% Percentage of workers with advanced degrees: 39.2%4. Aerospace engineeringMedian salary: $105,000$105,000 Unemployment rate: 1.9%1.9% Percentage of workers with advanced degrees: 48.9%5. Mechanical engineeringMedian salary: $100,000$100,000 Unemployment rate: 1.9%1.9% Percentage of workers with advanced degrees: 38.9%7.

Persons: Bankrate, It's, Get Organizations: Survey, Computer, Petroleum, Aerospace, Bureau of Labor Statistics, Actuaries, CNBC

☆ October’s ‘ring of fire’ solar eclipse: Time, path and where to see it
▼ + stars: | 2024-10-01 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

If you’re in the path of the partial or annular eclipse and plan to observe either celestial spectacle, make sure you have a pair of certified eclipse glasses or a handheld solar viewer. The eclipse pathThe annular eclipse will begin at 12:50 p.m. A global map shows the path of the annular solar eclipse on October 2. If you don’t have certified eclipse glasses or use a handheld solar viewer to observe the annular eclipse, you can use a telescope, binoculars or camera that has a special solar filter on the front, which acts the same way eclipse glasses would. The small space between will reflect the sun’s crescent during a partial eclipse or a ring during the annular eclipse.

Persons: Kent Nishimura, you’re Organizations: CNN, South America, NASA, Pacific, Atlantic Coast, American Meteor Society, Taurids Locations: South, Pacific, Rapa Nui, Easter, Argentina, Chile, Hawaii, American Samoa, Brazil, Fiji, French Polynesia, Mexico, New Zealand, Pitcairn Islands, Kiribati, Tonga, Uruguay, South Georgia, Falkland, Falkland Islands

☆ Fixing Social Security funding woes requires addressing immigration 'fraud,' Vance said. Here's what experts say
▼ + stars: | 2024-10-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +12 min

Trump in March said on social media platform Truth Social that Democrats are "killing Social Security and Medicare by allowing the invasion of the migrants." The earnings suspense file is an electronic holding file for wage items where names and Social Security numbers on Form W-2s do not match the Social Security Administration's records, an agency spokesperson said via email. "Immigration, in general, has a very positive role," said Sam Gutterman, chairperson of the American Academy of Actuaries' Social Security committee. The Social Security Administration in an email explained that there are strict rules about who can legally receive benefits and Social Security numbers. "The Social Security Act does not permit payment of benefits to noncitizens residing in the U.S. if they're not lawfully present here," a Social Security spokesperson said.

Persons: Sen, JD Vance, Alex Wong, Donald Trump, Kamala Harris —, Vance, Harris, Tara Watson, Watson, Andrew Biggs, General, Jeffrey Brown, Brown, I've, " Biggs, Sam Gutterman, Renata Miller, they're, actuary, Stephen Goss, Goss Organizations: Radford University, Getty, Social Security, Medicare, Republican, Trump, CNBC, of Homeland, Brookings Institution, Immigration, Immigrants, American Academy of Actuaries, Taxation, Social, someone's Social, American Enterprise Institute, Social Security Administration, Social Security Administration Office, Finance, American Academy of Actuaries ' Social Security, Department of Health, Human Services, HHS, Department of Homeland, SSA Locations: Radford , Virginia, U.S, misdirection

☆ 194,000 Jeep plug-in hybrid SUVs recalled due to fire risk
▼ + stars: | 2024-09-30 | by ( ) www.nbcnews.com time to read: +1 min

WASHINGTON, Sept 30 — Stellantis said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire risks after 13 fires were reported, and it told owners to park outside and away from other vehicles until recall repairs are completed. The Italian-American automaker is recalling some 2020 through 2024 model year Jeep Wrangler and 2022 through 2024 Jeep Grand Cherokee plug-in hybrids. The Chrysler-parent company said the fires occurred when the vehicles were parked and turned off. The recall includes 154,000 vehicles in the United States, 14,000 in Canada, 700 in Mexico and nearly 26,000 outside North America. The company said the recall was prompted by a routine company review of customer data that led to an internal investigation.

Persons: — Stellantis, Stellantis Organizations: Chrysler Locations: United States, Canada, Mexico, North America

But Iran’s 2020 election interference efforts stand apart from what have become well-recognized interference patterns, according to an indictment from the Justice Department, Treasury Department sanctions, researchers and media reporting, and comments from current and former U.S. officials. That gave them access to Election Night Reporting (ENR) systems, which provide live updates on unofficial results on Election Day. Fake Proud Boys campaignIn the most bizarre and elaborate foreign influence campaign of 2020, Iranian hackers allegedly staged an entirely fictional cyber-enabled fraud and harassment campaign, according to a detailed 2021 Justice Department indictment. The Iranian hackers did successfully steal some voter data from Alaska’s Online Voter Registration System, but otherwise none of it was true. The hackers tried to post it to various platforms online but it gained little traction.

Persons: Donald Trump’s, Hillary Clinton’s, Trump, ”, Brandon Wales, William J, Hartman, It’s, Emennet Pasargad, “, Christopher Wray, National Intelligence John Ratcliffe, Alireza Miryousefi, Department’s, Joe Biden, Gretchen Whitmer, Chris Krebs, CISA, Miryousefi Organizations: Democratic, Justice Department, Treasury Department, Cybersecurity, Infrastructure Security Agency, NBC News, Cyber Command, Army, RSA, tinker, U.S, Trump militia, Alaska’s, Stanford University, Google, YouTube, Republican, Trump, National Intelligence, Iran, United Nations, Lee Enterprises, U.S . Capitol, Dominion Voting Systems, FBI Locations: United States, Iran, China, Russia, U.S, Iranian, Tehran, San Francisco, Florida, Moldova, Alaska, American, Omaha, crosshairs, Michigan

Shortly after announcing North American tour dates, the band said it will not be participating in dynamic pricing. Dynamic pricing occurs when a ticket seller adjusts the cost of a ticket in real time based on live demand. The band's announcement comes after the U.K. government scrutinized Ticketmaster and its dynamic pricing model in relation to the sale of Oasis concert tickets. Some music fans feel that fandom and devotion should be considered when granting ticket sale access. Oasis said in a news release that it plans to take the tour to "other continents outside of Europe and North America later next year."

Persons: they’ve, Taylor, Department’s, Liam, Noel Gallagher, Presale, Oasis Organizations: North, North American, Ticketmaster, Oasis, Markets Authority, Justice Department, North America Locations: North America, Ireland, U.S, Paris, Toronto, Chicago, Los Angeles, Mexico City, East Rutherford , New Jersey, Europe, North

His supporters have dubbed Marwan Barghouti the “Palestinian Nelson Mandela” in the hope that after more than two decades behind bars, he can emulate the late South African leader and make the journey from prisoner to national unifier. At that time, Palestinian militants carried out deadly suicide bombings and shootings inside both Israel and the Palestinian territories, targeting buses, restaurants and hotels. “He’s someone who creates something out of nothing, and he believes in education for the Palestinian people,” Arab Barghouti added. Palestinian protesters wave flags and placards bearing portraits of Fatah leader Marwan Barghouti in 2015. “Ami Ayalon and others have said Marwan Barghouti may be the one leader who can be an effective partner for peace,” he said.

Persons: Yasser Arafat, Marwan Barghouti, Nelson Mandela ”, Ami Ayalon, Mahmoud Abbas, Yahya Sinwar, “, ”, Arab, Barghouti, Father Germanos, masterminding, Arafat, Fatah, William Campbell, Marco Longari, Abbas, ” Mira Al, he’s, Osama Hamdan, Abbas Momani, Ayalon, Shin, I’m, Sen, Chris Van Hollen, “ Ami Ayalon, Israel, Gilad Shalit, They’re, Benjamin Netanyahu’s, Barghouti’s, Fadwa, ‘ I’m, ’ Organizations: Bank, West Bank, Palestinian Center, Policy, Survey Research, Hamas, American Embassy, NBC News, U.S . Office, Palestinian Affairs, Prosecutors, European Council, Foreign Relations, Brigades, Fatah, ., “, Getty, West, Palestinian Authority, State Department, Senate Foreign Relations, NBC, National Organization of Locations: RAMALLAH, Jerusalem, Ramallah, Israel, Gaza, American, Tel Aviv, Fatah, West Bank, Kobar, Aqsa, AFP, Palestinian, East Jerusalem, ”, Palestine

Trump has frequently gone after Harris in personal terms, often based on her race and gender. On Sunday, Trump doubled down, saying: "Crooked Joe Biden became mentally impaired — sad. The Harris campaign did not immediately respond to a request for comment on Trump's remarks on Sunday. In a statement about Trump's rally Saturday, Harris campaign spokesperson Sarafina Chitika said Trump has "nothing ‘inspiring’ to offer the American people, just darkness." Some Republicans also pushed back against Trump's comments on Saturday.

Persons: Donald Trump, Kamala Harris, Trump, Harris, Harris “, Mark Zuckerberg, ” Harris, Dustin Franz, Joe Biden, ”, Kamala, Steven Cheung, Biden, Sarafina Chitika, ’, Trump's, Tom Emmer, Sen, Lindsey Graham, Larry Hogan, ” Hogan, Jake Traylor, Megan Lebowitz Organizations: Sunday, Democratic, Facebook, Getty, NBC, Trump, Immigration, Customs, Department of Homeland Security, NBC News, Republicans, ABC News, CNN, Former Maryland Gov, Republican, Senate, CBS Locations: ERIE, Pa, —, U.S, quashing, United States, Mexico, Bayfront, Erie, AFP, Wisconsin, Maryland, Washington

An OSHA spokesperson said in a response to NBC News that the agency did forward his safety allegations to the Coast Guard, which has the jurisdiction to investigate such claims. The Coast Guard also noted at the start of the hearing that the Titan never underwent an independent review, which is standard practice in the industry. “If the Coast Guard became a problem, then he would buy himself a congressman and make it go away,” McCoy said, adding that he resigned soon after. Rush “said the usual response that ‘it takes too long,’” Kohnen testified about getting OceanGate’s submersible classified by the industry. In a transcript of the conversation made public by the Coast Guard as part of the hearing, Rush denied he was going to put anyone at risk with the Titan.

Persons: Paul, Henri Nargeolet, Hamish Harding, Shahzada Dawood, Suleman, Dawood, OceanGate, ” David Lochridge, Rush, ”, Lochridge, ” Lochridge, Tony Nissen, —, Nissen, “ I’m, Amber Bay, Roy Thomas, Thomas, Steven Ross testified.Rush, Ross, ” Ross, “, Bart Kemper, ” Kemper, Guillermo Söhnlein, ’, Matthew McCoy, ” McCoy, William Kohnen, Rush “, ” Kohnen, ‘, ” Rush Organizations: U.S, OceanGate, Stockton Rush, Getty, LinkedIn, Coast Guard, OSHA, Occupational Safety, Health Administration, NBC News, Titan, American Bureau of Shipping, Kemper Engineering Services, Hydrospace Locations: U.S ., South Carolina, Washington, Canada, Amber, U.S

Iran vows revenge over Nasrallah's deathIsraeli forces killed Hassan Nasrallah, the leader of the militant and political group Hezbollah, in a large-scale attack in Beirut on Friday. Ukrainian President Volodymyr Zelenskyy visited the U.S. last week for meetings with Trump, President Joe Biden and Vice President Kamala Harris. The ride-or-die fans of historically bad White SoxSights, scenes and snacks at the Los Angeles Angels-vs.-Chicago White Sox game at Guaranteed Rate Field in Chicago on Tuesday. Akilah Townsend for NBC NewsWith Friday's loss, the Chicago White Sox broke the record for the most losses in a Major League Baseball season. Leading up to the historic 121st loss, NBC News spoke with loyal White Sox fans whose support has not wavered despite the team's bad season.

Persons: Hassan Nasrallah, Vahid, Benjamin Netanyahu, Nasrallah, Abbas Nilforoushan, Abbas Aragchi, Israel, Yemen’s Ras Issa, Helene, Hurricane Helene, Joe Biden, Roy Cooper, Sheriff Quentin Miller, Kamala Harris, Donald Trump, Harris, Joe Biden’s, Press Sen, Marco Rubio, Biden, Trump, ” Rubio, Kristen Welker, Volodymyr Zelenskyy, Eric Adams, Sarah McBride, Akilah Townsend, I'm, Lance Norton, Mori, Tom Carpenter, ”, Rashee Rice, Ashley Landis Organizations: Hezbollah, Israeli, Islamic Revolutionary Guard Corps, Iranian, U.S ., Israel Defense Forces, NBC, Sheriff, Tennessee Bureau of Investigation, ’, NBC News, Telemundo, CNBC, Democratic, NBC News ’, Party, Press, U.S, Trump, New York, Republicans, Sox, Los Angeles Angels, Chicago White Sox, Major League Baseball, 121st, White Sox, American Pet Products Association Locations: Beirut, Iran, Lebanon, U.S, Hurricane, Florida, North Carolina, Buncombe County, Tennessee, Austria, Russia, Ukraine, Chicago

☆ New Zealand reclaims record for world’s largest Haka on home turf, dethroning France
▼ + stars: | 2024-09-30 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

CNN —New Zealand has reclaimed the world record for the largest mass Haka, with thousands packing a major stadium on Sunday for a resounding performance of the traditional Māori routine. New Zealand band Six60 perform for participants gathered in a world record attempt for the largest mass Haka at Eden Park in Auckland on September 29, 2024. They huffed out their chests, stomped on the floors, and stuck their tongues out to make intimating facial expressions, according to a video posted on Haka Record’s official Instagram. CNN has reached out to Guinness World Records for comment. New Zealand filmmaker-actor Taika Waititi, second from right, and US TV host Conan O'Brien, second from left, at Eden Park in Auckland on September 29, 2024.

Persons: Six60, DJ Mills, Nick Sautner, it’s, ”, “, Brian Sobel, Sobel, Taika Waititi, Conan O'Brien, Conan O’Brien, David Tua, Ka, Te Rauparaha Organizations: CNN, national rugby team, Blacks, Getty, Eden, Haka Record’s, Therapy, Radio New Zealand, Guinness World Records, getty, Haka, New Zealanders, Health Authority Locations: Zealand, Haka, New Zealand, Auckland, Eden, AFP, Conan O’Brien , New Zealand

☆ Biden approved Taiwan's biggest security package yet. China says the military aid won't deter it.
▼ + stars: | 2024-09-30 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +4 min

President Joe Biden on Sunday approved $567 million in defense aid for Taiwan. It is the largest aid package that US has ever sent to Taiwan. AdvertisementPresident Joe Biden on Sunday said the US will send Taiwan its largest-ever security package amid rising tensions with China. Spotting Chinese attackThe scale of Chinese military activity around Taiwan is believed to be getting larger, as previously reported by Business Insider. Rather than Biden has repeatedly suggested the US would respond militarily if China declared war on Taiwan.

Persons: Joe Biden, —, Lin Jian, Lin, Xi Jinping, Phil Davidson, Samuel Paparo, Wellington Koo, Rather, Biden, Tom Porter, Jim Hoare, Hoare Organizations: Service, Sunday, Department of Defense, White, Taiwan, Communists, Business, Financial Times, Bloomberg Locations: Taiwan, China, States, British

☆ Georgia judge declares state’s abortion ban unconstitutional, allowing procedure to resume beyond 6 weeks into pregnancy
▼ + stars: | 2024-09-30 | by ( Shawn Nottingham | ) edition.cnn.com time to read: +6 min

CNN —A Georgia judge has struck down the state’s six-week abortion ban, declaring it unconstitutional. In a ruling issued on Monday, Judge Robert McBurney said Georgia’s Living Infants Fairness and Equality Act, or LIFE Act, infringes on a woman’s state constitutional rights. When originally signed into law, the LIFE Act criminalized most abortions after an embryo generates detectable cardiac activity, typically around six weeks into a pregnancy. When the US Supreme Court overturned Roe v. Wade in 2022 and ended a national right to abortion, it opened the door for state bans. Democrats argue such deaths were a predictable outcome of laws that took effect after the Supreme Court overturned Roe v. Wade.

Persons: CNN —, Robert McBurney, ” McBurney, Roe, Wade, Kara Murray, Chris Carr, “, ”, Brian Kemp, Kemp, ” Kemp, Court’s, McBurney, Monica Simpson, “ Today’s, there’s, hasn’t, Kamala Harris, Donald Trump, It’s, Harris, ProPublica, Joe Biden Organizations: CNN, SisterSong, LIFE, Georgia, Republican Gov, Society of Family Planning, United States, United, American Civil Liberties Union, Trump, Democratic, Associated Press Locations: Georgia, North Carolina, Illinois, United States, Atlanta

☆ Why America is looking increasingly powerless as Israel’s war expands
▼ + stars: | 2024-09-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

And the US has incessantly pushed for a Gaza ceasefire that neither Netanyahu nor Hamas seems to want. For instance, the US and its allies helped repel a massive Iranian missile and drone attack against Israel in April. It has also killed other senior members of the two groups in strikes in Syria, Lebanon, Iran and in Gaza. And pro-Trump Republicans are goading him to go further — at least partly to weaken Biden and his chosen successor, Harris. This is just one of many reasons why Netanyahu is incentivized to expand his war no matter how powerless it makes America look.

Persons: CNN —, Benjamin Netanyahu’s, Joe Biden, “, Netanyahu, Kamala Harris, Hassan Nasrallah, Biden, Antony Blinken, Nasrallah, dissed, CNN’s MJ Lee, Kylie Atwood, Jennifer Hansler, Cedric Leighton, Leighton, Israel, it’s, Ismail Haniyeh, Yitzhak Rabin, Shimon Peres, shuttler James Baker, —, Donald Trump, Harris, –, Trump Organizations: CNN, Monday, Israel Defense Forces, Democratic, Israel, Iranian Islamic Revolutionary Guard Corps, US, Washington, ”, Hamas, Republicans, Trump Republicans, Democratic Party, Arab American Locations: Lebanon, ”, Washington, East Israel, Israel, Gaza, Iranian, Damascus, United States, Hezbollah, Iraq, Afghanistan, Syria, Jordan, Iran, Africa, Tehran . Israel, Israeli, China, Michigan

☆ JD Vance has broken through during the 2024 campaign in all the wrong ways
▼ + stars: | 2024-09-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Sen. JD Vance is one of the least-liked major vice presidential candidates in recent memory. Tim Walz in the first and only vice presidential debate. He'll get that chance on Tuesday night when the Republican vice presidential nominee debates Gov. Vice presidential candidates are traditionally near after-thoughts in the presidential race. After being anointed former President Donald Trump's MAGA heir apparent during a triumphant convention, Vance has become the least popular vice presidential nominee in recent memory.

Persons: Sen, JD Vance, Vance, Tim Walz, It's, —, He'll, Mike Pence's, Vance hasn't, Donald Trump's MAGA, Sarah Palin, Trump, Joel Goldstein, Trump's Trump, Taylor Swift, hasn't, Harris, Debbie Walsh, Kamala Harris, Walz, Donald Trump, Goldstein, Bradley Tusk, FiveThirtyEight, Palin, hyperpartisanship, He's Organizations: Gov, Service, Republican, Democratic, Center for American Women, Business, Trump, CNBC, Saint Louis University law, Venture Partners, Convention Locations: Ohio, Philadelphia, Springfield , Ohio, Alaska

☆ Dodge-maker Stellantis issues profit warning; shares drop 12%
▼ + stars: | 2024-09-30 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Stellantis on Monday trimmed its 2024 annual guidance on the back of deteriorating "global industry dynamics" and bolstered competition from China, sending Milan-listed shares lower on open. It now pencils in an adjusted operating income (AOI) margin between 5.5% to 7.0% for the full-year 2024 period, down from a "double digit" outlook. The automaker further attributed the revisions to its guidance to "decisions to significantly enlarge remediation actions on North American performance issues," but supplied no additional details. Earlier this year, Stellantis was sued by shareholders in the U.S. who claimed the automaker defrauded them by concealing rising inventories and other items, Reuters reported.

Persons: Stellantis Organizations: FCA Headquarters, Technology Center, Chrysler, Dodge, Maserati, U.S ., Reuters Locations: Auburn Hills , Michigan, China, Milan, U.S

☆ Presidents Cup: Team USA powers to 10th straight victory after swearing accusation controversy
▼ + stars: | 2024-09-30 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

The 38-year-old now hopes to take the lessons of this week’s victory into next year’s surprise appointment at the helm for the 45th Ryder Cup in New York. “The last time I played in one of these, I was the clinching point for the Europeans in the Ryder Cup. Bradley celebrates with his wife after clinching victory for Team USA. ‘Feisty’Kim was at the center of the drama again Saturday after he accused the American team of swearing at him. “I have a lot of respect for everyone on that team, but the Koreans definitely bring the heat, no doubt.”

Persons: Keegan Bradley, Xander Schauffele, Jason Day, Jim Furyk’s, Russell Henley, Patrick Cantlay, Sam Burns, Scottie Scheffler’s, Hideki Matsuyama, Bradley, Kim Si, “, ” Bradley, Tabitha, I’ve, ”, Vaughn Ridley, Mike Weir’s, Tom Kim, Kim, Scheffler shrugged, we’re, ” Kim, Kevin Kisner, ” Kisner, Paul McGinley, it’s, ’ Kim, Wyndham Clark, Cantlay, Steph Curry’s, birdied, ” Tom Kim, Furyk, Jared C, Tilton, Schauffele, ” “, I’m, Burns, Kim –, –, ‘, ” Schauffele, Im, jae, Ben An, “ Tom, “ It’s, It’s Organizations: CNN, Ryder, Keegan, International Team, Royal Montreal Golf Club, Europe, Team USA, Team, PGA, Scheffler, Minas Panagiotakis, USA, Sky Sports, American, NBA, US, Getty Locations: Canada, New York

☆ I moved to Germany from the US with 4 kids. Here, I have a lot more time for myself.
▼ + stars: | 2024-09-30 | by ( Erin Liam | ) www.businessinsider.com time to read: +6 min

Celia Robbins relocated with her family to Berlin after her husband got a job in Germany. Last year, the kids and I moved to Berlin so they could attend international school. AdvertisementBack in the US, I had been helicopter-parenting my kids, having a lot of control over every aspect of their lives. I was beholden to my kids' schedule in the USI spent about two hours every day in the car, driving my kids to school or to a long list of extracurriculars. But here in Berlin, kids are expected to manage their own things and get themselves to places.

Persons: Celia Robbins, Robbins, she's, —, would've, he'd, Let's, I've, it's Organizations: Service, Embassy of, Cornell University, Rostock —, UN Locations: Berlin, Germany, American, United States, America, Ithaca , New York, Rostock, I'm, New York

Elsewhere, TD Cowen raised its price target on Costco to $975. 7:04 a.m.: TD Cowen raises Costco price target TD Cowen is even more bullish on Costco after hosting the company's leadership for a post-earnings meeting. Analyst Brian Bedell reiterated his buy rating and lifted his price target by $3 to $27, implying about 13% upside. With that, analyst Stephen Scouten upgraded Amerant to overweight from neutral and raised his price target by 50 cents to $25.60. — Pia Singh 5:50 a.m.: TD Cowen upgrades Accenture Investors should buy shares of Accenture as the company's recovery gains steam, according to TD Cowen.

Persons: Morgan Stanley, TD Cowen, Cowen, Oliver Chen, Costco's, Chen, Gary Millerchip, — Pia Singh, Brian Bedell, Bedell, Robinhood, Wells, Donald Fandetti, Fandetti, Piper Sandler, Amerant, Stephen Scouten, Scouten, JPMorgan Chase, Betsy Graseck, Graseck, NIM, Bryan Bergin, Bergin, Fred Imbert Organizations: CNBC, JPMorgan Chase, Accenture, Costco, Deutsche Bank, American, Amerant, JPMorgan, Services Locations: Florida, Friday's

☆ Bill Gates shares his 3 biggest concerns about AI
▼ + stars: | 2024-09-30 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

AdvertisementBill Gates is a self-described optimist about the future of AI, but the tech still raises a few key concerns for him. Experts have warned AI models can be abused for purposes like carrying out scams or cyberattacks or spreading misinformation , among other things. Besides Gates, other business leaders have also expressed concerns about AI and an interest in more regulation and guardrails on the technology. Many share some of Gates' concerns. Looking more at the present, Gates has said he uses AI in his own life to summarize meetings he attends.

Persons: Bill Gates, —, Kara Swisher, Gates, Joe Biden's, Goldman Sachs, HubSpot, — it's, you've, Michael Schwarz, Sam Altman, Microsoft's Organizations: Microsoft, Service, AIs, cybercrime Locations: bioterrorism

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