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I said, if I get killed, go kill BBM (Marcos), (first lady) Liza Araneta, and (Speaker) Martin Romualdez. Speaker Romualdez, a cousin of Marcos, has slashed the vice presidential office’s budget by nearly two-thirds. The two families are at odds over foreign policy and former President Rodrigo Duterte’s deadly war on drugs, among others. In the Philippines, the vice president is elected separately from the president and has no official duties. Many vice presidents have pursued social development activities, while some have been appointed to cabinet posts.
Persons: Sara Duterte, Ferdinand Marcos Jr, Marcos ’, Duterte, Marcos, , BBM, Liza Araneta, Martin Romualdez, ” Duterte, , Romualdez, Rodrigo Duterte’s, Benigno Aquino Organizations: Philippines Reuters, Philippine, Presidential Communications, Presidential Security Command Locations: Manila, Philippines, Philippine
Russian President Vladimir Putin this week indicated he's willing to take part in negotiations. "Given its own track record in Ukraine, Russia has a history of taking 'a crunch at a time,'" Paul Cormarie, a policy analyst at the RAND Corporation, told BI. AdvertisementPutin has said that as a condition of any peace deal, Ukraine must agree to remain neutral. If Trump takes Ukrainian NATO membership off the table, a different type of security deal could still be negotiated, said Cormarie. A truce containing a watered-down security deal for Ukraine would likely only mean a pause in the war while Russia regathers its strength.
Persons: Trump, Donald Trump's, Vladimir Putin, Volodymyr Zelenskyy, Paul Cormarie, Putin, JD Vance, Trump's, Vance, Timothy Ash, Margus, Cormarie Organizations: Trump, RAND Corporation, Ukraine NATO, Ukraine, NATO, Kyiv Independent, London's, Ukrainian NATO, Financial Locations: Ukraine, Russia, Crimea, Russian, Kyiv, Western, Moscow
Bernie Moreno, Republican U.S. Senate candidate from Ohio, attends a campaign event in Holland, Ohio, on Saturday, October 26, 2024. In total, crypto-related PACs and other groups tied to the industry reeled in over $245 million, according to Federal Election Commission data. Crypto accounted for nearly half of all corporate dollars that flowed into the election, according to nonprofit watchdog Public Citizen. It was one of the top spending committees of any industry this cycle and exclusively gave to pro-crypto candidates running for Congress. "Welcome to America's most pro-crypto Congress ever," Armstrong wrote on X on Nov. 5.
Persons: Bernie Moreno, Moreno, Sen, Sherrod Brown, Tom Williams, Donald Trump, Coinbase, Crypto, Marc Andreessen, Ben Horowitz, David Sacks, " Moreno, Brian Armstrong, Fred Ehrsam, Faryar Shirzad, Armstrong, Ehrsam, Coinbase's Armstrong, Gary Gensler, Brown, Elizabeth Warren, FTX, Fairshake, gunning, Republican Jim Justice, Democratic Sen, Joe Manchin, Katie Porter, Porter, he'd, Horowitz, Sacks, Coinbase's Shirzad, Moreno wasn't, Shirzad, David McIntosh, McIntosh, hasn't, JD Vance's, Sam Bankman, Gensler, Andreessen Horowitz, Cameron, Tyler Winklevoss, Ripple, Chris Larsen, JD Vance, Paul Grewal, Jesse Powell, Trump, Phil Potter, Multicoin Capital's Kyle Samani, Fred Wilson, Charles Cascarilla, Mike Belshe, Solana, Anatoly Yakovenko, Wences Casares Organizations: Republican U.S, Cq, Inc, Getty, Democratic, Banking Committee, Public Citizen, Crypto, House, Securities and Exchange Commission, SEC, Senate, Committee, Republicans, Protect, Fairshake, Defend, Jobs, Republican, New, CNBC, Andreessen, Craft Ventures, Club for Growth, Growth, Politico, PAC, Labs, Senate Inc, Trump, Union Square Ventures, Xapo Bank Locations: Republican, Ohio, Holland , Ohio, Cleveland, Coinbase, U.S, Arizona, Michigan, West Virginia, California, Washington, FTX, Nashville , Tennessee
The Kremlin said Friday that its attack using a new ballistic missile was a warning to Ukraine's "reckless" Western allies, the culmination of a week of escalating threats from President Vladimir Putin. The latest round of saber rattling from Putin and Kim has come during a week in which the war in Ukraine passed 1,000 days and with Washington preparing for a change in leadership. Still, Western officials and many analysts have sought to play down what they said was a clear effort to intimidate Kyiv and its backers. And a top official in U.S. ally South Korea shone new light on what Kim may be getting out of his Putin partnership. But the U.S. official said Russia would not be able to bully Ukraine, the U.S. or other countries helping Kyiv fend off invading Russian forces.
Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Dmitry Peskov, Russia can’t, Peskov, Volodymyr Zelenskyy, Shin Won, sik, Donald Trump, , Farah Dakhlallah, Biden Organizations: Washington, Russia, National Security, Emergency Service of, Getty, NATO, U.S Locations: Moscow, Pyongyang, North, U.S, Washington, Ukraine, Russia, Dnipro, Korea, North Korea, Sumy, Emergency Service of Ukraine, Anadolu
AdvertisementUS troops remain in Syria to counter ISIS and patrol oil fields in the region. For almost a decade, US troops have been on the ground in Syria to assist Kurdish-led forces in the defeat of the infamous Islamic State. AdvertisementDuring his first term, Trump ordered the withdrawal of US troops partnered with the Kurdish-led Syrian Democratic Forces after ISIS' territorial defeat. Trump then backtracked and kept 900 US troops in Syria. Advertisement"We may have felt frustrated during Trump's first term due to his decision to withdraw American forces from Syria in 2019," Mohamad said.
Persons: Trump, tamp, Donald Trump, specter, Sinam Mohamad, Trump's, Mohamad, Bashar al, Assad, Mohammed A, Salih, Delil SOULEIMAN, Paul Iddon Organizations: ISIS, Syrian Democratic Forces, Office, Syrian Democratic Council, Autonomous Administration, North, Kurdistan Workers ' Party, Trump, Foreign Policy Research Institute, SDF Locations: Syria, Turkey, Kurdish, State, Russia, United States, East Syria, Syrian, Kurdistan, Ankara, America, Jordan, Hol, Afghanistan, Iran, North
New York CNN —The aftermath of the 2024 US presidential election has been a boon to Elon Musk. The richest person in the world got even richer Friday, with Musk’s net worth hitting a record $347.8 billion, Bloomberg reported. That beats his previous record set in November 2021, when the Tesla founder’s net worth exceeded $340 billion, according to the Bloomberg Billionaires Index. Musk, Tesla’s largest individual shareholder, is roughly $83 billion richer since Election Day, according to the Bloomberg Billionaires Index. As of Tuesday, Musk was more than $100 billion richer than the second richest person, Amazon founder Jeff Bezos.
Persons: Elon Musk, Trump, Donald Trump, Musk, Tesla, Vivek Ramaswamy, , Jeff Bezos, CNN’s Allison Morrow Organizations: New, New York CNN, Bloomberg, Tesla, SpaceX, Boring Company, “ Department, Government Efficiency, Wall Street Locations: New York
“We’ve been dealing with severe challenges due to gang violence, which has essentially cut off ground transportation,” Thelemaque said. “Although the FAA says the ban will lift on Dec. 12, most airlines are rescheduling flights for February,” she said. “Families are consumed by the news of worsening violence and are mourning senseless killings.”The flight ban is also disrupting long-standing holiday traditions in this mostly Catholic and Christian country. “Now, that opportunity has been taken away.”Williams noted that the ban extends beyond Port-au-Prince to airports throughout the country, further isolating Haitians. “Some passengers have had to return to Europe or elsewhere.”Police officers coduct searches in a suburb of Port-au-Prince, Haiti on Tuesday.
Persons: Prince, Linda Thelemaque, Les Cayes, Hope, We’ve, ” Thelemaque, , , Yolette Williams, ” Williams, coduct, Guerinault Louis, Williams Organizations: U.S, Federal Aviation Administration, Spirit Airlines, FAA, Sunrise Airways, NBC News, American Airlines, Miami, U.S . State Department, Haitian American Alliance of New, Independence, ” Police, Anadolu, Getty Locations: Haiti, Port, Les, Caribbean, Miami, Haitian American Alliance of New York, United States, Dominican Republic, Haitian, Europe, Prince
HONG KONG — Authorities in northern China are searching for a wild tiger, after it attacked two men and left one of them needing surgery. Social MediaFollowing the attack, the Heilongjiang Forestry and Grassland Administration held an emergency meeting Monday evening, identifying the animal that caused the injury as a Siberian tiger. Siberian tigers are the world’s largest cats, can weigh up to 660 pounds and grow to be almost 11 feet long. A Siberian tiger. Philipp Schulze / DPA via Getty Images fileAnyone injured in Heilongjiang by wild Siberian tigers is eligible for economic compensation, Northeast China Tiger and Leopard National Park said in a statement.
Persons: Liu Dan, Philipp Schulze Organizations: HONG KONG — Authorities, Social, Grassland Administration, Research, Getty, Northeast China Tiger, Leopard, country’s National Forestry and Grassland Administration, Conservation Alliance Locations: HONG KONG, China, Boli County, China's, Heilongjiang, Heilongjiang Forestry, Russia, Boli
Trump’s plans for his first day in officePresident-elect Donald Trump plans to waste little time when he begins his second term in office. But much of Trump’s Day One goals will likely focus on stopping illegal immigration, the centerpiece of his candidacy. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google should be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. These are some of the quirky items TikTok users have discovered during trips to their local HomeGoods stores.
Persons: Donald Trump, Laken Riley’s, Pope Francis, Joe Biden, Trump, won’t, Elon Musk, Vivek Ramaswamy, Matt Whitaker, Matt Gaetz, Dr, Mehmet Oz, Laken Riley, Jose Antonio Ibarra, Ibarra, Riley, Riley’s, Allyson Phillip, , , → Susan Smith, , Bryan Kohberger, Pope, Carlo Acutis, Francis Basilica, ” Pope Francis, he’ll, Acutis, Maurizio Cattelan’s “, Patrick Mahomes, Travis Kelce —, Milhouse Van Houten, Halyna Hutchins, Joel Souza, Jeff Greenberg, Daysia Tolentino, — Saba Organizations: Catholic, Biden, Trump, Security, Elon, Wall Street, NATO, Cabinet, Medicare, Services, North Carolina Republican, Democratic, U.S, University of Idaho, Google, Chrome The Department, Justice, Chrome, DOJ, Apple, Samsung, Android, Adolescents, Vatican News, FBI, Kansas City Chiefs, Indiana University, Hoosiers, NBC News, Staff, Universal, Getty, NBC, Target Locations: Russia, Ukraine, North, California, Venezuelan, St, Assisi, Italy
WASHINGTON — The Senate voted overwhelmingly Wednesday night to reject three efforts led by progressive Sen. Bernie Sanders that would have blocked certain offensive weapons sales to Israel. In a speech on the Senate floor ahead of the vote, Sanders argued that the resolutions "would not affect any of the systems Israel uses to defend itself from incoming attacks," focusing instead on offensive weapons. "As I have said many, many times: Israel had the absolute right to respond to that horrific Hamas attack, as any other country would. I don’t think anybody here in the United States Senate disagrees with that," he said in his floor speech. More than 43,000 Palestinians have been killed in Israel’s offensive into the dense enclave since the attack, according to health officials in Gaza.
Persons: WASHINGTON, Sen, Bernie Sanders, Sanders, Benjamin Netanyahu, Ed Markey, Netanyahu, Martin Heinrich, Tammy Baldwin, , Catherine Cortez Masto, ” Sen, Jacky Rosen, , Joni Ernst, Bill Cassidy, Israel’s Organizations: U.S, United States, Hamas, Democrats, Biden Locations: Israel, Gaza, U.S, United States, D, Iowa
If confirmed by the Senate, three key nominees would largely be responsible for executing Trump's "drill, baby, drill" agenda across the federal government. The Interior Department leases millions of acres of public lands and waters for oil and gas drilling. The oil and gas industry is pushing the Trump administration to issue a new five-year offshore-leasing program. Woods of ExxonMobil told Semafor last week that the Trump administration should keep regulations to curb methane emissions from oil and gas infrastructure. But Trump attacked electric vehicles on the campaign trail, adopting the oil and gas lobby's messaging.
Persons: Donald Trump, Doug Burgum, Chris Wright, Trump, Lee Zeldin, Trump's, Karoline Leavitt, Vance, Wright, Biden, Amanda Eversole, Kenny Stein, Darren Woods, Stein, It's, Woods, Semafor, David Brown, Wood Mackenzie Organizations: Interior, Energy, Senate, Trump, Interior Department, Liberty Energy, Environmental Protection Agency, National Energy Council, Truth, Energy Department, Republicans, of, American Petroleum Institute, American Energy Alliance, CNBC, EPA, ExxonMobil, US Locations: Gulf of Mexico, North Dakota, New York, Saudi Arabia, Qatar, Russia, Europe, Gulf, Mexico, Wood
California Governor Gavin Newsom vetoed California's bill at the end of September but signed into law another bill which requires transparency in generative AI systems. "A lot of the privacy risks associated with AI can be tackled through a comprehensive data privacy regime," she said. The U.S. has historically approached data privacy with decentralized, state-by-state legislation, which is where AI regulation is currently headed. Regarding Colorado's successful AI bill, Maroney wrote on Facebook, "It is unfortunate that Connecticut chose not to join Colorado as a leader in this space. Even a model approach, if done wrong, could pose a major risk to the U.S. "Everybody's looking at California, especially when it comes to tech," Elgendy said.
Persons: Scott Weiner, Wiener, Gavin Newsom, California's, Tatiana Rice, Jonas Jacobi, Mohamed Elgendy, Elgendy, Rice, Robert Rodriguez, James Maroney, Maroney Organizations: Conference, AI Alliance, Washington D.C, U.S ., European Union AI, Privacy, Data, American, White, Office of Science, Technology, Democratic, Colorado Senate, Democratic Connecticut State, Facebook, Colorado Locations: California, San Francisco, Washington, Puerto Rico, U.S, U.S . Virgin Islands, Colorado, Silicon, Connecticut
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should look to unloved sectors like utilities, says Wall Street Alliance's Aadil ZamanAadil Zaman, Wall Street Alliance Group partner, joins 'Power Lunch' to discuss the markets and Nvidia.
Persons: Zaman Aadil Zaman Organizations: Wall Street Alliance Group, Nvidia
AdvertisementRussia announced on Wednesday that Vladimir Putin is gifting Kim Jong Un about 70 animals for his zoo. Russia's environmental ministry said the animals include a lioness, two bears, two yaks, and over 60 birds. The new set of animals is another touch by Putin to firm up his alliance with North Korea. AdvertisementKozlov's ministry said it had previously sent Pyongyang birds such as eagles, cranes, and parrots, but that it was the first time Russia had donated mammals. In August, the Times of London, citing a veterinary source in Russia, reported that the Russian leader had sent Pyongyang two dozen purebred white horses.
Persons: Vladimir Putin, Kim Jong Un, Putin, Kim Jong, Alexander Kozlov, Kozlov's, Kim Organizations: Russia, North, Russian Ministry of Natural Resources, Moscow Zoo, Pyongyang Central Zoo, North Korean State Media, NATO, Central, Stockholm International Peace Research Institute Locations: North Korea, Moscow, Pyongyang, North Korean, Korean, Russia, London, Russian, The, Ukraine, Korea, Germany, Poland, Western, Stockholm
After a stinging election defeat, the race to lead the DNC kicks offBy Natasha Korecki and Alex Seitz-WaldTwo weeks after suffering another stinging defeat to Donald Trump, Democrats are in the throes of dissecting what went wrong and figuring out their path forward. Martin O’Malley, a onetime presidential candidate and the commissioner of the Social Security Administration, kicked off the race by entering the fray. Minnesota Democratic Party Chair Ken Martin, a DNC vice chair and leader of the Association of State Democratic Committees, followed by formally announcing his candidacy Tuesday. Still looming out there: Wisconsin Democratic Party Chair Ben Wikler, who has developed a reputation as a prodigious fundraiser and field organizer. Read more → ☑️ Latest race calls: Democratic Rep. Marcy Kaptur defeated Republican Derek Merrin in Ohio’s competitive 9th District, NBC News projected.
Persons: Natasha Korecki, Alex Seitz, Wald, Chuck Todd, Donald Trump, Joe Biden, Jaime Harrison, Martin O’Malley, Ken Martin, Martin, O’Malley, Chuck Rocha, Sen, Mallory McMorrow, Ben Wikler, “ Ben, That’s, Rahm Emanuel, Barack Obama, Emanuel, Adam Parkhomenko, Hillary Clinton’s, , ” Parkhomenko, James Zogby, it’s, Howard Dean, Obama —, Chuck Todd Here’s, Trumpism, Trump, wasn’t, Harris, Biden, Read, Chuck → ➡️, Matt Gaetz, Lloyd Austin, Pete Hegseth, Linda McMahon, Matt Whitaker, 🗞️ Organizations: NBC, White House, Capitol, Democratic National Committee, DNC, Maryland Gov, Social Security Administration, Minnesota Democratic, Association of State Democratic Committees, Democratic, Politico, Republican, Democratic National Convention, Wisconsin Democratic, Chicago, NBC News, Arab American Institute, America, GOP, Pentagon, “ DEI, Biden, Chuck → ➡️ Trump, Wrestling Entertainment, Education Department, Former, Atlantic Treaty Organization Locations: Michigan, U.S, Japan, Oklahoma
President-elect Donald Trump Wednesday named former Acting Attorney General Matt Whitaker as his pick for the next ambassador to the North Atlantic Treaty Organization (NATO), a key alliance that Trump derided for years. He served just three months in the position until Bill Barr was confirmed as attorney general. Before becoming acting attorney general, Whitaker served as chief of staff to Sessions when he was attorney general. Trump has long criticized NATO, accusing European allies of not contributing enough toward defense spending. In February, Hillary Clinton warned that Trump would seek to withdraw the U.S. from NATO if he were to be re-elected.
Persons: Donald Trump, Matt Whitaker, Trump, Matt, Whitaker doesn't, Whitaker, Jeff Sessions, Bill Barr, George W, Bush, Ursula von der Leyen, Hillary Clinton, JD Vance, Putin Organizations: Donald Trump Wednesday, Atlantic Treaty Organization, NATO, Patriot, NATO Allies, AMERICA, Justice Department, Trump, Twitter, Sessions, Southern, Southern District of, Center of Law & Justice, Policy Institute, Union, NBC, Fox News, Fox Business, Ukrainian, U.S Locations: States, Southern District, Southern District of Iowa, Russia, Europe, Ukraine, U.S, Poland
This as-told-to essay is based on a conversation with Karla Trotman, President and CEO of Electro Soft Inc., a US specialty electronics manufacturer in Pennsylvania. My dad and I worked together, and in 2020, I bought them out, so now I'm the owner, president, and CEO. We're still feeling the reverberation from the last round of tariffs, so they never really went away in our industry. Tariff proponents seem to think that enforcing them will cause stateside manufacturing to somehow jump up and be prosperous, but it doesn't really work that way. We really need to understand where our partners are headed so we can flex to meet whatever demand is going to come down the pike.
Persons: Donald Trump's, Karla Trotman, We're, Trump, I'm, we're Organizations: Electro Soft Inc, Ikea, Southeastern Pennsylvania Manufacturing Alliance Locations: Pennsylvania, Asia, Taiwan, China
CNN —President-elect Donald Trump has chosen Matthew Whitaker, who served as acting attorney general during Trump’s first term, as his pick to be US ambassador to NATO. During the campaign, Trump also indicated he would only adhere to NATO’s mutual defense commitment for countries who are contributing enough of their annual budgets to defense. He served as the former acting attorney general in Trump’s first term and temporarily led the Justice Department after Trump fired Jeff Sessions. During brief tenure at the top of DOJ, Whitaker quickly took charge of Mueller from Deputy Attorney General Rod Rosenstein. Before becoming the acting attorney general, Whitaker was the US attorney for the Southern District of Iowa and chief of staff to Sessions.
Persons: Donald Trump, Matthew Whitaker, Trump’s, Matt, ” Trump, “ Matt, Whitaker, , Trump, JD Vance, , , Mark Rutte, Jeff Sessions, Robert Mueller’s, Mueller, Rod Rosenstein Organizations: CNN, NATO, Patriot, NATO Allies, AMERICA, Russia, Ukraine, Trump, Justice Department, Sessions, DOJ, Democratic, Southern, Southern District of Locations: States, Ukraine, Kyiv, Russia, Paris, Europe, North America, Trump’s, Southern District, Southern District of Iowa
Limited benefits Insider’s Take The VentureOne Rewards Card is a slimmed-down version of the popular Capital One Venture Rewards Credit Card. Bank of America Travel Rewards Card ReviewCapital One VentureOne Credit Card Pros and ConsAdvantages of the Capital One VentureOne Credit CardThe VentureOne Rewards Card comes with several significant advantages, making it an attractive choice for those seeking a straightforward rewards program. Capital One VentureOne Card Frequently Asked QuestionsWhat makes Capital One VentureOne Credit Card stand out? No, unlike the Capital One Venture Rewards Credit Card and Capital One Venture X Rewards Credit Card, the Capital One VentureOne Rewards Credit Card is not metal. Why You Should Trust Us: How We Reviewed the Capital One VentureOne Credit CardOur credit cards team reviewed the VentureOne Rewards Card in comparison to similar no-annual-fee travel credit cards.
Persons: Miles, LifeMiles, Smiles, Red, Wyndham, Chase, rideshares, cardholders, you've, haven't, It's, Gabriel Vito Gabriel Vito, Gabriel, Education Gabriel, ExperienceExpertiseEducation Read, Angela Fung, Read Organizations: Business, Capital, PayPal, Capital One Entertainment, Aeromexico Club, Air Canada, Air France, KLM, Blue, British Airways Executive Club, Cathay, Emirates, Etihad, Qantas Frequent, TAP Air Portugal Miles, Turkish Airlines Miles, Wyndham Rewards, Star Alliance, U.S, Chase, Unlimited, Card, Bank of America, The Bank of America, Social, Forbes, CNN, University of California, Banking, Education, The University of California, Finance Locations: Cathay Pacific Asia, Singapore, Europe, Asia, Riverside
In this article BRBY-GB.N225SMCI.SPXNVDA.IXIC.DJI Follow your favorite stocks CREATE FREE ACCOUNTChip company Nvidia's headquarters in Silicon Valley in February 2024. Andrej Sokolow | Picture Alliance | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. I clearly expect to see some kind of immediate reaction, knee-jerk reaction," Tiffany McGhee, CEO and CIO of Pivotal Advisors, told CNBC. Considering Nvidia's performance over the past two years, however, it's hard to think of any other asset that will give investors the same sense of safety.
Persons: SPX, Andrej Sokolow, Tiffany McGhee, Stocks, McGhee, Gonzalo Asis, Blackwell, Jensen Huang, bubbled, Iordache, Katrina Bishop, Brian Evans, Samantha Subin, Pia Singh Organizations: Getty, CNBC, Nasdaq, Dow Jones, Reserve, Bank of America Securities Locations: Silicon Valley, Russia, Ukraine
AdvertisementX has added Twitch as a defendant in a suit accusing advertisers of colluding to withhold ad spend. Ad revenue on X has plummeted since Elon Musk acquired the platform in 2022. Elon Musk's X is suing Twitch, alleging that the Amazon-owned video streaming platform and other companies illegally conspired to boycott advertising on the platform formerly known as Twitter. Twitch, X, and the WFA didn't immediately respond to requests for comment made by Business Insider outside normal US business hours. Musk's own behavior on and off the platform — including famously telling advertisers who boycotted X to "go fuck yourself" — hasn't encouraged advertisers to place their budgets there, either.
Persons: Elon Musk, Elon Musk's, Twitch, Stephan Loerke, it's, Ørsted, Twitch —, X's, hasn't, Jim Jordan, Donald Trump's, Abraham Yousef, Yousef Organizations: Global Alliance of Responsible Media, Elon, Twitter, Federation, WFA, Business, Unilever, CVS Health, Twitch, Google, Committee, WPP, Diageo, Tower Locations: Texas, Ohio
Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the possibility of a new ports strike that could begin in mid-January. The earliest new tariffs could be in effect is in late February or early March, according to an alert from C.H. Travel time for ocean freight from China to the East Coast and Gulf Coast ports is 40-55 days. He added that making these types of decisions has become part of the typical uncertainty that the supply chain needs to be prepared to face. "I was running a high-tech manufacturing operation before I took this job and we did manufacturing through China," Rhodes said.
Persons: Honour Lane Shipping, Robinson, USMX, Corey Rhodes, Rhodes Organizations: Trump, CNBC, Honour Lane, ILA, United States Maritime Alliance, Whirlpool, AB InBev, Danone Locations: Asia, Southern California, New England, Texas, China, East Coast, Gulf Coast
Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.
Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California
AdvertisementTwo subsea data cables in the Baltic Sea were damaged this week. Two subsea telecoms cables in the Baltic Sea have been damaged in a suspected act of Russian sabotage, highlighting the fragility of the world's data networks. AdvertisementThe impactAs the world has become more dependent on the internet, subsea cables have become increasingly vital. The cables carry vital internet data between countries, including streaming services and financial information. "The writing has been on the wall for a while now relating to subsea cable disruption.
Persons: Boris Pistorius, Telia, Cinia, Carl, Oskar Bohlin, Gregory Falco Organizations: Cables, Telia, NATO, International Union of Marine Insurance, TRT, General Staff, Directorate, West, Cornell University, BI, CSIS, Analysts, Atlantic Council Locations: Baltic, Germany, Finland, Lithuania, Sweden's Gotland, Russia, Ukraine, Lofoten, Norway
The hour-long conversation marked the return of diplomacy to the decade-long conflict, even if their talk brought the familiar refrain it was not yet time to talk. One Western official said there was an “overall collective holding of breath” in Western capitals ahead of Trump’s inauguration. “The Germans speaking to Putin – that will have gone down badly” among Ukraine’s allies, the official said. “Giving Putin that positive bounce will have irked the French and others.” French President Emmanuel Macron has been particularly vocal about continuing support for Ukraine. Kremlin critics also warn of its history of using diplomacy as a pause or foil to pursuing its military goals.
Persons: Olaf Scholz, Vladimir Putin, Volodymyr Zelensky, acceding, Zelensky, , Putin, Donald Trump, Trump, Scholz, , Putin –, Emmanuel Macron, Donald Tusk, Biden, “ Scholz, Alena Epifanova, Epifanova, Scholz’s, Volodymyr Zelenskiy, Ebrahim Noroozi, Mike Waltz, “ ‘, , ’ ” Trump, Kurt Volker, Trump’s, it’s, Oleksandr Gimanov, Volker, he’s, ’ ” Volker, Trump “, ” Volker, Sen, Marco Rubio, Kim Jong Un, elect’s, Putin won’t, “ He’s Organizations: CNN, White, Sunday, Trump, German, Foreign Relations, Schloss, Reuters, Ukraine, Economist, Getty, Biden Locations: Ukraine, Russia, Russian, Europe, Polish, Moscow, Schloss Bellevue, Berlin, Ukrainian, European, Trump’s Ukraine, Odesa, AFP, , Afghanistan, China, United States, Beijing, US, Kyiv
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