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☆ WSA, A Manhattan Office Tower Becomes an Unlikely ‘It’ Building
▼ + stars: | 2024-11-29 | by ( Jessica Iredale | ) www.nytimes.com time to read: +1 min

Deep in the canyons of New York’s financial district, there is an office tower that matches the cultural moment, for better and for worse. Known as the WSA building (short for Water Street Associates), the 31-story structure, at 175 Water Street, has become a nexus for the kind of people who might not otherwise set foot in this neighborhood of bankers and brokers. Built in 1983, the tower was the longtime global headquarters of the insurance giant A.I.G. sold the building for about $270 million in 2019, it sat all but empty during much of the pandemic, when scores of companies, including A.I.G., left the financial district. In late 2022, an LLC under the name 99c bought the building for $252 million and announced a bold plan to “reinvent” the property.

Organizations: WSA, Water Street Associates Locations: New York City

“Conclave” could hit the sweet spot for Oscar voters, with its blend of taut airport paperback thrills and contemporary social relevance. The first “Dune” scored 10 nominations at the 94th Academy Awards in 2022 and won six awards that night — the most of any movie in contention — including best sound, best production design, best cinematography, best film editing and best visual effects. Villeneuve is also a favorite with Oscar voters thanks to previous nominated titles like “Sicario,” “Arrival” and “Blade Runner 2049.”How to watch: Stream on Max. ‘Gladiator II’Ridley Scott’s “Gladiator” conquered the Academy Awards more than 23 years ago, winning five trophies, including best picture and best actor, for Russell Crowe. ‘Wicked’The most inescapable blockbuster of the holiday season could cast a spell on Oscar voters.

Persons: publicists, —, “ Oppenheimer ”, ”, Debra Birnbaum, ‘ Anora, Mark Eydelshteyn, Mikey Madison, Sean Baker's, Sean Baker, “, “ Anora ”, Palme, Baker, Bong, ’ Brady Corbet, Mona Fastvold, Adrien Brody, Corbet, Steve McQueen, Saoirse Ronan, Elliott Heffernan, Edward Berger, Ralph Fiennes, Stanley Tucci, John Lithgow, It’s, Oscar, ” Denis, Timothée Chalamet, Villeneuve, ‘ Emilia Pérez ’, Jacques Audiard’s “ Emilia Pérez, Emilia Pérez ”, Karla Sofía Gascón, Selena Gomez, Adriana Paz, Zoe Saldaña —, ’ Ridley Scott’s, Russell Crowe, Scott, Paul Mescal, Pedro Pascal, Connie Nielsen, RaMell Ross, Dozier, Ross, Colson Whitehead, Jesse Eisenberg, Kieran Culkin, ” Eisenberg, Eisenberg, Oscar prognosticators, Culkin, HBO’s, Peter Sarsgaard, Roone Arledge, John Magaro, Ben Chaplin, Greg Kwedar, Colman Domingo, Paul Raci, Jon, Adrian “ J.J, ” Velazquez, NBC’s “, Cynthia Erivo, Ariana Grande, Nicole Kidman, Harris Dickinson, ” Luca Guadagnino’s, James Mangold’s “, Bob Dylan, ” Malcolm Washington’s, Mohammad Organizations: Cannes Film, Cannes, Lion, Apple, Oscar, NBC News, Comcast, Netflix, Denzel Washington, Dozier School for Boys, 51st Telluride Film, Sundance, ABC Sports, ABC, Sing Sing, ”, Arts, Universal Pictures, “ Locations: Hollywood, Los Angeles, Florida, Brooklyn, Russian, Hungarian, United States, Venice, America, Nazi, Amsterdam, London, “, Max, Marianna, Poland, Munich, Telluride, Sing, New York, Iran

☆ 5 tech stocks in supply chain management could benefit from Trump's tariffs, Redburn Atlantic says
▼ + stars: | 2024-11-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic. The shares of all these global companies are traded in the U.S. and Europe. Trump has proposed tariffs of 25% on all products from Mexico and Canada, and additional tariffs on goods from China. Kinaxis Kinaxis, which helps companies plan their supply chains using digital replicas of physical operations, could also benefit, according to Redburn Atlantic. WiseTech Global WiseTech offers a "high-growth profile" investment opportunity that will benefit from the tariff trend, according to Redburn Atlantic.

Persons: Donald Trump's, Trump, Redburn, Lachlan Brown, Descartes, Kinaxis, Trump's, — CNBC's Michael Bloom Organizations: Descartes Systems, Manhattan Associates, SPS Commerce, WiseTech, Descartes Systems Descartes Systems, Manhattan Associates Manhattan Associates, SPS, Commerce Locations: U.S, Europe, United States, China, Mexico, Canada

“I’ll be withdrawing my name from consideration to serve as Attorney General,” now-former Florida Rep. Matt Gaetz posted on social media. Once the nation’s largest swing state, Florida is now stocked with Trump allies and a comfortable home turf for Republicans. It’s a state Trump won by more than 10 percentage points, up from his three-point win in 2020. “You need an Attorney General on Day 1 to be able to executive your plan,” a Trump official said. “I am kind of surprised other states are not pushing back harder, but they just are not.”“But that kind of makes sense to a degree,” Iarossi added of the state Trump won easily.

Persons: Donald Trump’s, “ I’ll, ”, Matt Gaetz, “, ” Gaetz, didn’t flinch, Trump, Gaetz, Pam Bondi, It’s, Evan Power, “ Trump, Sen, Marco Rubio, Mike Walz, Dave Weldon, Nick Iarossi, Iarossi, Susie Wiles, Trump’s, James Blair, Wiles, Blair, Tony Fabrizio, Brian Hughes, Danielle Alvarez, Alex Garcia, “ Susie, Brian Ballard, Bondi, Trujillo, Katie Wiles, “ It’s Organizations: Mar, Trump’s, Florida Rep, DOJ, Congress, Trump, Republicans, Republican Party of Florida, White, Gaetz, State, for Disease Control, Washington, BGR, Florida GOP, Florida, Ballard Partners, Continental, Organization of American, NBC News Locations: Palm, Florida, “ Florida, Lago, Bondi, Miami, Washington

☆ Market Navigator: Trajectory of the U.S. dollar
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket Navigator: Trajectory of the U.S. dollarTom Fritzpatrick, RJ O’Brien and Associates managing director of global market insights, joins 'Power Lunch' to discuss the trajectory of the dollar.

Persons: Tom Fritzpatrick, RJ O’Brien Organizations: U.S, Associates

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. Walmart’s DEI changes were first reported by Bloomberg News. Among the changes, Walmart will no longer allow third-party sellers to sell some LGBTQ-themed items on Walmart’s website, including items marketed to transgender youth like chest binders, company spokeswoman Molly Blakeman said. It’s also moved away from using the term “diversity, equity and inclusion” or DEI in company documents, employee titles and employee resource groups. Walmart’s DEI changes were first reported by Bloomberg News.

Persons: Molson Coors, Bud, ” “ We’ve, Walmart’s, Molly Blakeman, George Floyd’s, It’s, Blakeman, Robby Starbuck, Starbuck Organizations: Walmart, U.S, Tractor Supply, Pride, Ford, Molson, Anheuser, Busch, Bud Light, Bloomberg News, Human Rights, for Racial Equity, Supply Locations: U.S ., America

☆ Walmart pulls back on DEI efforts, removes some LBGTQ merchandise from website
▼ + stars: | 2024-11-26 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Walmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. Those companies include Tractor Supply , which said in June it was eliminating DEI roles and stopping sponsorship of Pride festivals. Among the changes, Walmart will no longer allow third-party sellers to sell some LGBTQ-themed items on Walmart's website, including items marketed to transgender youth like chest binders, company spokeswoman Molly Blakeman said. It's also moved away from using the term "diversity, equity and inclusion" or DEI in company documents, employee titles and employee resource groups. Walmart's DEI changes were first reported by Bloomberg News.

Persons: Molson Coors, Bud, Molly Blakeman, George Floyd's, It's, Blakeman, Robby Starbuck, Starbuck, Walmart's Organizations: Walmart, U.S, Tractor Supply, Pride, Ford, Molson, Anheuser, Busch, Bud Light, Human Rights, for Racial Equity, Supply, Bloomberg News Locations: U.S ., America

U.S. President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Yet the energy sector climbed 22.9% under Biden as of Nov. 19, despite the administration's push for renewables and sustainability. As president, Trump is expected to embrace crypto more than any of his predecessors. When Biden won in 2020, there was a lot of panic about the outlook for energy, oil and gas.

Persons: Donald Trump, Brandon Bell, Jeremy Goldberg, Goldberg, Larry Adam, Raymond James, Trump, Adam, Biden, Monty Rakusen, John Murphy, Murphy, Callie Cox, Cox, Greg Iacurci Banks, Jamie Dimon, Andrew Harrer, Brian Spinelli, Halbert Hargrove, Spinelli, David Rea, Lorie Konish, Bill Varie, —, — Greg Iacurci Crypto, Kevin Wurm, Matt Apkarian, Apkarian, Christina Lynn, there's, Lynn, — Lorie Konish, Cooper Neill, Joe Biden, Mike Cerasoli, Cerasoli, you'll, — Lorie, Images Trump, Robert F, Kennedy Jr, bode, David Weinstein, Weinstein, Chris Unger, Charles, Vivek Ramaswamy, Greg Iacurci, Thomas Barwick, Ted Decker, Decker, TJ Maxx, Lorraine Hutchinson, — Greg Iacurci, Donald J Organizations: SpaceX, Getty, Trump, Professional Advisory Services, Digitalvision, EV, Biden, Bank of America Securities, Ford, Ritholtz Wealth Management, U.S . Federal, JPMorgan Chase &, White, Bloomberg, CNBC, Salem Investment, Bank, — Greg Iacurci Crypto Republican, Reuters, bitcoin, Liberty Financial, Cerulli Associates, Mariner Wealth, — Lorie Konish Energy, Double Eagle Energy Holdings LLC, Eagle Global Advisors, Images, Department of Health, Human Services, RFK, U.S . Senate, Merck, Pfizer, Dana Investment, Affordable, Publicly, HCA Healthcare, UFC, Madison, Garden, Ufc, Medical, Charles River Laboratories, Food and Drug Administration, of Government, Retailers, Walmart, Marshalls, Google, Twitter, Trump National Golf Club, Washington Post Locations: Brownsville , Texas, California, U.S, Iran, Venezuela, Washington, Long Beach, Calif, Salem, Winston, Salem , North Carolina, Ritholtz, Nashville , Tennessee, cryptocurrency, Lynn, Midland , Texas, Houston, New York, China, North America, HomeGoods, Bedminster , NJ, Jabin

☆ Trump’s tax proposals are a step closer to reality. Here’s what it means for your portfolio
▼ + stars: | 2024-11-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The Tax Cuts and Jobs Act, which went into effect in 2018, overhauled the federal tax code. The legislation roughly doubled the standard deduction, tweaked the individual income tax brackets and trimmed rates. It also applied a $10,000 cap on the state and local tax deduction, and it nearly doubled the estate tax exemption. Prepping for 2025 Investors can set up their portfolios for success heading into 2025, especially now that they still have some certainty on the tax climate for next year. Eligible IRA owners can exclude up to $105,000 in QCDs from their taxable income in 2024.

Persons: Donald Trump, Stephen Bigge, Rafia Hasan, you've, Hasan, Rachel Elson, it's Organizations: Republican, Keebler, Associates, Senate, Perigon Wealth Management, Internal Revenue, Moderna, Intel, that's Locations: Washington, Green Bay , Wisconsin, San Francisco, QCDs

☆ Walmart becomes the latest company to walk back DEI initiatives
▼ + stars: | 2024-11-26 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

Walmart is the latest American company to reverse some of its diversity, equity, and inclusion or DEI initiatives. AdvertisementWalmart is not the first company to roll back DEI initiatives, nor is it the first to be scrutinized by Starbuck. Ford, John Deere, Tractor Supply Company, Molson Coors, Lowe's, and Harley-Davidson are among the US companies that have backed down on DEI. AdvertisementIn his Instagram post, Starbuck said Walmart reached out to him after it found out he was looking into the company. "No retail company wants a story about them from us ahead of Black Friday," he told The Wall Street Journal.

Persons: Robby Starbuck, Starbuck, Ford, John Deere, Davidson Organizations: Walmart, for Racial Equity, Business, Center for Racial Equity, Racial Equity Institute, Human Rights, Tractor Supply Company, Molson Coors, Lowe's, Harley, Wall Street Locations: America

☆ Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
▼ + stars: | 2024-11-26 | by ( Maureen Farrell | ) www.nytimes.com time to read: +1 min

Three decades before he was tapped to lead the Treasury Department, Scott Bessent was asked to help break another country’s financial system. Then 29 years old, Mr. Bessent, working for the financier George Soros, helped “break” the Bank of England with crushing trades against the British pound. He was on a small team at Mr. Soros’s investment firm that, in 1992, amassed a $10 billion bet that the pound was overvalued. Mr. Soros’s fund earned more than $1 billion, along with credit (and infamy) for orchestrating one of Wall Street’s most audacious trades. When President-elect Donald J. Trump announced his selection of Mr. Bessent as Treasury secretary last week, there was no mention of the connection to Mr. Soros.

Persons: Scott Bessent, Bessent, George Soros, Donald J, Trump, Soros Organizations: Treasury Department, Bank of England, Mr Locations: British

☆ Walmart rolls back DEI programs after right-wing backlash
▼ + stars: | 2024-11-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Walmart, the largest private employer in the United States, will curb some diversity, equity and inclusion (DEI) efforts. It’s the latest company to backtrack on diversity initiatives in the face of right-wing pressure. The company said Monday it is ending racial equity training programs for staff and evaluating programs designed to increase supplier diversity. “We are willing to change alongside our associates and customers who represent all of America,” Walmart said in a statement. Walmart joins Harley-Davidson, Tractor Supply Co., John Deere and other companies in revising or pulling back on their DEI programs, support for Pride marches and LGBTQ events, strategies to slow climate change and other social policies.

Persons: “ We’ve, Robby Starbuck, ” Starbuck, Starbuck, Davidson, John Deere Organizations: New, New York CNN, Walmart, for Racial Equity, Harley, Tractor Supply, Pride Locations: New York, United States, America, Hollywood

☆ An inside look at Treasury secretary nominee Scott Bessent's research process and 'competitive edge'
▼ + stars: | 2024-11-25 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

AdvertisementA 2017 presentation for macro investor Scott Bessent's hedge fund explains his research process and "edge." His firm, Key Square Capital, struggled to generate returns despite its strong pedigree. Bessent — the former righthand man for billionaire George Soros and now the nominee for Treasury secretary by President-elect Donald Trump — saw billions of dollars leave his firm, Key Square Capital, after its 2016 launch, Reuters reported. It's not clear if there have been any changes to the investment process in the seven years since the presentation was created. Advertisement"Key Square views its research process as a think tank that is bolted on to disciplined trading and risk management," one slide reads.

Persons: Scott Bessent's, Donald Trump, Bessent, George Soros, Donald Trump —, Soros, Jim Chanos Organizations: Key Square Capital, Reuters, Business, Associates, Key

In one instance he requested as much as $100,000 per month in exchange for his services, according to sources familiar with the matter. As of Monday afternoon, it does not appear the transition team will heed that recommendation. “I am honored to work for President Trump and with his team,” Epshteyn said in a statement to CNN. Trump’s legal team was investigating several other similar alleged incidents, according to sources familiar with the situation. “Boris is a Trump original—loyal and effective from the very beginning,” a Trump transition official told CNN.

Persons: Donald Trump, Boris Epshteyn, Trump, Epshteyn, “, ” Epshteyn, ”, elect’s, Boris, ” Trump, Steven Cheung, Scott Bessent, Bessent, Jonathan Drake, Susie Wiles, you’re, ’, “ He’s, “ Boris, President Trump, Matt Gaetz, Donald Trump's, Nathan Howard, Matt Gaetz’s, Gaetz, Elon Musk, Brandon Bell Organizations: CNN, Trump, Trump Make, Mar, Reuters, White, Gaetz, Department of Justice, Florida Rep, SpaceX, Georgetown Advisory Locations: Lago, Palm Beach , Florida, Epshteyn, Asheville , North Carolina, Washington, Washington ,, Florida, Brownsville , Texas, Georgetown, New York, Georgia, Arizona

☆ Inside Kevin Smith's most personal venture yet: Owning his childhood movie theater
▼ + stars: | 2024-11-24 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +12 min

AdvertisementKevin Smith's SModcastle Cinemas is a shrine to the filmmaker's career. Entering SModcastle Cinemas, the New Jersey movie theater owned by filmmaker Kevin Smith, is like approaching the altar of a giant shrine to raunchy slacker-cinema. On at least one of them, a Kevin Smith movie is usually playing. AdvertisementSModcastle Cinemas is a home for all things Kevin SmithSModcastle Cinemas shows first-run movies and Kevin Smith classics. And he's hoping that when you show up, you're buying something from the concession stand, which, like any movie theater, is its lifeblood.

Persons: Kevin Smith's, Smith, Kevin Smith, Elizabeth Banks, Seth Rogen, Zack, Mark Hamill, Jay, Bob, Askew, Jason Guerrasio Smith, Dante Kicks, Randal Graves, Rick Derris, Amy, Brian O'Halloran, Dante Hicks, Jeff Anderson, Scott Mosier, Scott, SModcastle, Jason Guerrasio, Ernie O'Donnell, Kevin Smith SModcastle, it's, he's, Kevin, auctioning, Brian, Austin Zajur, Kim, Smith didn't, walling, there's Organizations: Cinemas, Miramax, Santa Monica, Santa, Atlantic Cinemas, Raiders, Kevin Smith SModcastle Cinemas, Catholic, Atlantic Highlands, Saban Films, showtime, Saban Locations: Atlantic Highlands , New Jersey, SModcastle, New Jersey, Miri, Leonardo , New Jersey, wiseass New Jersey, Los Angeles, Santa Monica, Santa, Atlantic Highlands

☆ How the world's 431 women billionaires make, spend and give away their fortunes
▼ + stars: | 2024-11-22 | by ( Robert Frank | ) www.nbcnews.com time to read: +3 min

Of the 3,323 billionaires in the world, 13% (or 431) of them are women, according to the Altrata Billionaire Census. Of the 431 female billionaires today, three-quarters inherited a portion of their wealth, according to the report. By contrast, only 5% of male billionaires inherited their fortunes. Nearly one in five female billionaires spend most of their professional time in nonprofits, compared with 5% of men. Billionaire men are 3.8 times more likely that billionaire women to own a car worth more than $1 million.

Persons: they’re, Alice Walton, Julia Flesher Koch, Françoise Bettencourt Meyers, Altrata, — Organizations: Altrata, Cerulli Associates

☆ Trump's priority is for crypto trading to be centered in the U.S.: Analyst
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's priority is for crypto trading to be centered in the U.S.: AnalystLouis Navellier of Navellier & Associates discusses Trump's priority of centering crypto trading in the US and the future of crypto as a payment method.

Persons: Louis Navellier Organizations: Navellier, Associates Locations: U.S

☆ Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
▼ + stars: | 2024-11-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Prosecutors said four of his associates discussed their share of the bribes via Excel and PowerPoint. New York prosecutors charging one of India's richest men with bribery said his associates used Microsoft Excel and PowerPoint to discuss and analyze their corrupt payments. AdvertisementThe Adani Group and attorneys for the other defendants did not respond to requests for comment from BI. Prosecutors said that during this period, the Adani Group falsely told investors at least four times that it had not paid bribes. AdvertisementIn a statement on its website on Thursday, the Adani Group said the prosecution's accusations are "baseless and denied."

Persons: Gautam Adani, Prosecutors, Adani, Sam Bankman, Sagar Adani, Vneet Jaain, Rupesh Agarwal, Agarwal, Cyril Cabanes, Sagar Organizations: Excel, New, Microsoft, Adani, Energy, Power, Prosecutors, New York Stock Exchange, Eastern, of, Adani Group, US Department of Justice, Adani Enterprises, SEC, Wednesday Locations: New York, India, of New York, British, Hong Kong, Indian

☆ The Trump trade showed its resilience this week
▼ + stars: | 2024-11-22 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Small-cap stocks were one of the biggest winners on Wall Street this week, serving as a prime example that the Trump trade is alive and well after a brief pause . Small caps were not the only components of the Trump trade that had strong gains this week. According to Tom Fitzpatrick, managing director at R.J. O'Brien & Associates, all signs point toward the Trump trade staying strong. Tesla, other stock components of the Trump trade Electric vehicle stock Tesla advanced nearly 10% this week. "I believe energy still has a lot to prove and the Trump trade didn't work out as well as investors thought it supposed to over his first term."

Persons: Trump, Russell, Donald Trump, Tom Fitzpatrick, Fitzpatrick, Bitcoin, Gary Gensler, Tesla, Elon Musk, Vivek Ramaswamy, Halliburton, Jay Woods, Woods Organizations: Nasdaq, Dow Jones, Investors, Trump, Tesla, Trump Media & Technology Group, Halliburton, U.S . Steel, O'Brien & Associates, CNBC, U.S, Securities and Exchange Commission, Freedom Capital Markets . Energy

Sexual misconduct allegations against Matt Gaetz had drawn scrutiny after Mr. Trump said he wanted to nominate him for attorney general. Mr. Trump moved quickly to replace Mr. Gaetz with another conservative favorite. Federal prosecutors ultimately dropped the case against Mr. Gaetz, but their chart of payments was obtained by the ethics committee, which was investigating whether Mr. Gaetz had sex with the woman when she was underage. After she turned 18, Mr. Gaetz paid for sex with her on at least two other occasions, the person said. Mr. Trump seemed attracted to Mr. Gaetz as attorney general especially because of the former congressman’s willingness to blow things up.

Persons: Matt Gaetz, Trump, Donald J, Gaetz, Pam Bondi, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Vance, Mr, ” Mr, “ Matt, Jean Carroll, Hegseth, Kennedy, Elon Musk, Linda McMahon, JD Vance, “, ”, Todd Blanche, Blanche, implacably, Lisa Murkowski, Susan Collins of, Mitch McConnell of, John Curtis of Utah, Collins, McConnell, Murkowski, Curtis, John Cornyn, Kevin Cramer, Ginger Luckey, Kevin McCarthy, Andrew Bailey, Robert J, Giuffra Jr, Cromwell, Boris Epshteyn, Marco Rubio, Trump’s, Tim Balk, Michael Gold, Michael C, Bender, Karoun Demirjian, Robert Draper, Catie Edmondson, Maya C, Miller, Michael S, Schmidt, Noah Weiland Organizations: Senate, Justice Department, Republicans, Fox News, Trump, DOJ, Mr, SpaceX, World Wrestling Entertainment, Capitol, Republican, Fort Walton, Florida Panhandle, New York Times, Wednesday, The Times, CNN, Sullivan, Department, Justice, Alcohol, Tobacco, Firearms, Explosives, 119th Locations: Florida, Washington, Ohio, Monterey , Calif, Manhattan, Alaska, Susan Collins of Maine, Mitch McConnell of Kentucky, Texas, North Dakota, Fort, Fort Walton Beach, Missouri, New York

☆ Oil rises as intensifying Ukraine war increases supply risk
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: +2 min

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of tightening crude supplies. Russia is among the world's top crude oil producing countries, even with output declines following import bans tied to its invasion of Ukraine and supply curbs by producer group OPEC+. Russia this month said it produced about 9 million barrels of oil a day. Ukraine has used drones to target Russian oil infrastructure, including in June, when it used long-range attack drones to strike four Russian refineries.

Persons: Phillips, Vladimir Putin, Putin, Joe Biden, Jim Ritterbusch, meanwhile, Donald Trump's Organizations: Brent, . West Texas, British Storm Shadow, Ritterbusch, Associates Locations: Linden , New Jersey, United States, Russia, Ukraine, U.S, Britain, British, Ukrainian, Moscow, Florida, China

☆ How One Man’s Tale of Sean ‘Diddy’ Combs Sex Tapes Landed Him in Court
▼ + stars: | 2024-11-22 | by ( Julia Jacobs | Joe Coscarelli | ) www.nytimes.com time to read: +1 min

In federal court, the music mogul Sean Combs is facing a sweeping indictment that accuses him of running a criminal enterprise that engaged in sex trafficking and racketeering conspiracy. Online, a cottage industry of amateur sleuths, speculators and self-described past associates have accused him, often with little grounding, of far worse. After Mr. Combs was charged in September, the social media theorizing about rampant celebrity debauchery and additional victims only grew more feverish and conspiratorial. Soon, a man began showing up on true crime podcasts claiming he had been given videos that showed sexual encounters involving Mr. Combs and a variety of other stars, including some he said looked to be inebriated and underage. Media outlets have received anonymous emails offering to negotiate deals to provide the supposed footage, but none have published any images and it remains unclear whether such videos even exist.

Persons: Sean Combs, Combs, Mr Organizations: Media

Trump’s pick for defense secretary, Pete Hegseth, was accused of sexual assault. Trump himself has faced various sexual misconduct allegations, which he has denied, though he was found liable last year for sexual abuse in a civil trial over an alleged incident in the 1990s that he also denies. Now, after having won the presidency again, he’s spending early political capital to confirm appointees who have faced sexual misconduct allegations of their own. The allegations against Trump’s picksGaetz’s years of controversies have been thrust back into the spotlight now that he’s up for a Cabinet post. “It’s a very scary time for young men in America when you can be guilty of something that you may not be guilty of,” Trump told reporters.

Persons: Donald Trump’s, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Gaetz, Hegseth, Kennedy, “, Trump, ”, Marc Short, Mike Pence’s, we’ve, Trump’s, hasn’t, Tim Parlatore, Bill Clinton’s, George H.W, Barack Obama’s, haven’t, Andy Puzder, Puzder, Patrick Shanahan, Shanahan, Ronny Jackson, Jackson, Brett Kavanaugh, Kavanaugh, ” Trump, reconsidering, JD Vance, Karoline Leavitt, Vance, MAGA, ” Leavitt Organizations: NBC News, NBC, “, Justice Department, Trump, Committee, Washington Post, Republican, You’re, Politico, Pentagon, White House, Department of Veterans Affairs, Supreme, Capitol, White Locations: groping, Florida, America, Hegseth, Washington

☆ Biden is scrambling to change the war in Ukraine before Trump takes over
▼ + stars: | 2024-11-21 | by ( Thibault Spirlet | Jake Epstein | ) www.businessinsider.com time to read: +8 min

AdvertisementJoe Biden is taking last-minute measures to support Ukraine before leaving things to Donald Trump. He finally let Ukraine use US missiles to strike inside Russia and approved anti-personnel mines. These moves appear aimed at changing the war before Trump — who seems to want most to end the conflict as soon as possible — takes office. Biden, whose administration has sent billions of dollars in weaponry to Ukraine, recently lifted long-held restrictions on Kyiv's use of American-made longer-range missiles to strike targets inside Russia. And during a press briefing that same day, State Department spokesperson Matthew Miller said the Biden administration moved to forgive about $4.7 billion in US loans to Ukraine.

Persons: Joe Biden, Donald Trump, Donald Trump's, Trump, Biden, Diego Herrera Carcedo, Antony Blinken, Matthew Miller, Mick Ryan, They've, Volodymyr Zelenskyy, Ukraine's, Abrams, Mark Temnycky, Ben Friedman, Zelenskyy, Oleg Petrasiuk, Ryan, hasn't, JD Vance, Shawn Ryan, Abishur Prakash, Putin, Prakash Organizations: White, Army Tactical Missile Systems, Shadow, Brigade, Getty, State, Australian Army, White House, Washington Post, Washington, Council's Eurasia Center, Defense, 24th Mechanised Brigade, AP Ryan, Trump, Anadolu, Kyiv Locations: Ukraine, Russia, Russia's, Bryansk, Soviet, Ukraine's Donetsk, Anadolu, Russia's Kursk, Chasiv Yar, Australian, Western, Russian, Toretsk, Donetsk, Mar, Lago , Florida, Toronto, Canada, British, Ukrainian, Dnipro, Europe

☆ Ray Dalio says to understand Trump's 2nd administration, you should study how far-right governments in the 1930s worked
▼ + stars: | 2024-11-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

AdvertisementRay Dalio said Trump's approach to governance was tried by hard-right states in the 1930s. Dalio, who often publishes personal remarks on the global economy, wrote a LinkedIn commentary on Wednesday with his predictions for a second Trump administration. Advertisement"Think of Gordon Gekko and the perspective he conveyed in his 'greed is good' speech," Dalio wrote of Trump's approach, referring to Michael Douglas' character from "Wall Street," the 1987 film. Dalio wrote that he isn't saying Trump's administration would be fascist or that Trump would behave like fascist leaders. Brandon Bell/Getty ImagesTheir mission, Dalio wrote, is to "create maximum economic strength and fight foreign enemies."

Persons: Ray Dalio, Trump, Donald Trump, Trump's, Elon Musk, Vivek Ramaswamy, Gordon Gekko, Dalio, Michael Douglas, Ramaswamy, Marco Rubio, Tucker Carlson, Steve Bannon, Brandon Bell, Pete Hegseth, Elise Stefanik Organizations: Bridgewater Associates, of Government, Trump, SpaceX, Fox News, Defense Secretary, New York, United Nations, US Senate, Republican, Business Locations: United States, Washington, China

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