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“To date, GSA has entered into an MOU with the Harris transition team outlining the terms for space and services, and is prepared to provide services to the Trump transition team once an MOU is executed and services are accepted,” a GSA spokesperson said. The Harris team has also submitted its ethics plan; the Trump team has not. The federal transition coordinator, a White House spokesperson told CNN, is “actively working” with the former president’s transition team to complete its MOU. Inside Biden administration preparationsThe Biden administration began preparing for this transition in 2023, starting with the appointment of a federal transition coordinator, a senior career official who serves as the main liaison between the candidates and eventual president-elect. “We were waiting for the phone calls [from the Trump team], waiting for people to show up, and they never did.

Persons: Donald Trump’s, Max Stier, “, ”, Trump, Chris Lu, Barack Obama’s, Harris, Biden, Linda McMahon, Cantor Fitzgerald, Howard Lutnick, Joe Biden, Yohannes Abraham, ” Stier, Stier, Chris Christie, Christie, Mike Pence, Obama, Jason Miller, Aimee Whiteman, Valerie Boyd, Bush, John McCain, Lu, George W, Al Gore’s, Harris ’, Boyd, Trump’s, –, you’re Organizations: CNN, Public Service, White, Office of Management, Budget, General Services Administration, Republican, Democratic, ’, Trump, Small Business Administration, Association of Southeast Asian Nations, GSA, ”, House, New, New Jersey Gov, Biden, Activity, OMB, Center, Partnership for Public Service, Senate Locations: Indonesia, New Jersey, Florida

☆ HMNZS Manawanui: New Zealand loses first naval ship since WW2 threatening oil spill off Samoan coast
▼ + stars: | 2024-10-07 | by ( Isaac Yee | ) edition.cnn.com time to read: +4 min

Acting Samoan Prime Minister Tuala Tevaga Iosefo Ponifasio said in a press statement Sunday that an oil spill was highly probable. “The HMNZS Manawanui is not recoverable and has sunk into the ocean,” he said. Numerous vessels and aircraft were sent to help, including a Royal New Zealand Air Force P-8A Poseidon and C-130J aircraft, the New Zealand navy said. Rescue teams responded to a call for help from New Zealand navy research ship HMNZS Manawanui. The HMNZS Manawanui was a relatively new addition to the New Zealand navy, having been purchased in 2018 for around $100 million NZD ($61 million), though it was built in the early 2000s.

Persons: Brian Rose, Judith Collins, “ It’s, It’s, ”, Divers, “ They’ll, Tuala Tevaga Iosefo Ponifasio, Dave Poole, ” Poole, Chris Luxon Organizations: CNN, New, RNZ, RNZ . New Zealand Defense, Newstalk ZB, Emergency Services, Royal New Zealand Air Force, New Zealand, Sunday, Rescue, Emergency Services Authority New Zealand Locations: Samoa, Upolo, New Zealand, Maninoa, RNZ ., Tafitaola, New

☆ Queen of the skyscrapers Darcy Stacom to leave property giant CBRE
▼ + stars: | 2024-02-06 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +5 min

"After more than 20 years at CBRE Darcy Stacom has decided to leave the company at the end of March to launch her own commercial real estate firm, and we wish her well with her new endeavor," the email read. The end of Stacom's tenure reflects sweeping challenges and generational shifts in commercial real estate. And in 2018, Stacom represented Google in its $2.4 billion acquisition of a new office property overlooking the Hudson River. "She's had an unbelievable career," said Jon Mechanic, chairman of the law firm Fried Frank's real estate practice, who has worked with Stacom on countless deals. The person did not want to be identified because they had not been authorized by CBRE to speak about Stacom's exit.

Persons: Darcy Stacom, Matthew Van Buren, Chris Ludeman, CBRE Darcy Stacom, Stacom, Paul Massey, Stacom's, Peter Cooper, Zhang Xin, She's, Jon Mechanic, Fried, Adam Spies, Doug Harmon, Newmark, CBRE, Doug Middleton Organizations: Skyscrapers, New, State, Business, CBRE, Real, Advisors, Stuyvesant Town, General, Google, New York Locations: New York, CBRE's Tri, New York City, CBRE, Stuyvesant, Hudson

☆ New Zealand’s new government scraps world-leading smoking ban to fund tax cuts
▼ + stars: | 2023-11-28 | by ( Heather Chen | ) edition.cnn.com time to read: +4 min

A year after passing a world-leading smoking ban designed to save thousands of lives and prevent new generations of young adults from smoking, New Zealand has announced a u-turn to help pay for tax cuts, infuriating public health officials and anti-tobacco groups. Marty Melville/AFP/Getty ImagesNew Zealand’s initial smoking ban was hailed by public health officials around the world. Months after New Zealand’s announcement, Britain also unveiled plans to phase out smoking for new generations. A spokesperson for British Prime Minister Rishi Sunak said that the British government remained committed to phasing out smoking, even after New Zealand’s reversal. The anti-smoking group Health Coalition Aotearoa (HCA) expressed disappointment at the new coalition’s plans to repeal the smoking ban.

Persons: Chris Luxon, Luxon, Christopher Luxon, Marty Melville, Rishi Sunak, ”, Nicola Willis, Saturday, Mario Tama, Ayeshea Verrall, “ What’s, ” Verrall Organizations: CNN, National Party, New Zealand First, ACT New, Radio New Zealand, Government House, Getty, British, World Health, Radio New, Health Coalition Aotearoa, New Zealanders Locations: New Zealand, ACT New Zealand, Wellington, AFP, Britain, Los Angeles , California, Radio New Zealand, New

☆ New Zealand PM-elect Luxon says Willis 'locked in' as finance minister
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

Christopher Luxon, Leader of the National Party waves to supporters at his election party after winning the general election to become New Zealand’s next prime minister in Auckland, New Zealand, October 14, 2023. REUTERS/David Rowland/File Photo Acquire Licensing RightsOct 17 (Reuters) - New Zealand's prime minister-elect, Christopher Luxon, said that Nicola Willis was "locked in" to become the country's next finance minister, at a Tuesday news conference as talks continued with likely coalition partners. Luxon's centre-right National Party and preferred coalition partner ACT New Zealand won a razor-thin electoral victory on Saturday, together securing 61 seats in 121-seat parliament. Willis, National's finance spokesperson, was widely expected to become minister of finance, according to media reports. "The only two people we've locked in is Prime Minister Chris Luxon and Finance Minister Nicola Willis," Luxon told reporters, without giving details on the rest of his cabinet.

Persons: Christopher Luxon, David Rowland, Nicola Willis, Luxon, Willis, Chris Luxon, Renju Jose, Aurora Ellis Organizations: National Party, New, REUTERS, ACT New Zealand, ACT, New Zealand, Labour, Thomson Locations: Auckland , New Zealand, New Zealand, Sydney

☆ Cruise vehicles cause weekend traffic jam one day after California approves 24-7 robotaxi service
▼ + stars: | 2023-08-14 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

In an aerial view, Chevrolet Cruise autonomous vehicles sit parked in a staging area on June 08, 2023 in San Francisco, California. On Thursday, California regulators voted to approve round-the-clock robotaxi service in San Francisco from two rival companies: Waymo and Cruise. By Friday night, a group of Cruise vehicles had stopped short in the city's North Beach neighborhood, flashing hazard lights and causing a traffic backup, according to reports. "There's over 10,000 human ride-hail drivers in San Francisco, potentially much more than that, depending on how you count it," Vogt said on the call. So it does not make a very high number to generate significant revenue in a city like San Francisco.

Persons: Cruise, Waymo, Tekedra Mawakana, Chris Ludwick, We've, Ludwick, Kyle Vogt, Vogt Organizations: Chevrolet Cruise, California's Public Utilities Commission, Google, Cruise, General Motors, CNBC Locations: San Francisco , California, Autonomous, San Francisco, California, Cruise, Beach, U.S, Vallejo, North Beach

☆ New Zealand Prime Minister Chris Hipkins under fire for bringing backup plane on China trip
▼ + stars: | 2023-06-27 | by ( Isaac Yee | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —New Zealand’s Prime Minister Chris Hipkins has been criticized for bringing a backup plane on his visit to China this week, with opposition leaders pointing to excess planet-warming emissions created in the middle of the climate crisis. A “backup aircraft” was “pre-positioned” in the Philippine capital Manila in case the primary aircraft carrying Hipkins and a trade delegation broke down, the spokesperson said. The leader of the opposition National Party Chris Luxon said Hipkins’ use of two planes wasn’t a good look environmentally, according to CNN affiliate Radio New Zealand (RNZ). The 757s are “around 30 years old, are nearing the end of their economic lives, and are due for replacement between 2028 and 2030,” Hipkins’ spokesperson said. Former New Zealand prime ministers have faced political embarrassment after their planes broke down on official trips.

Persons: Chris Hipkins, “, ”, National Party Chris Luxon, David Seymour, ” Seymour, Seymour, ” Hipkins, John Key, RNZ, Jacinda Ardern, Hipkins Organizations: Hong Kong CNN, Zealand’s, CNN, National Party, Radio New Zealand, ACT Party, Ford, Defense Force, RNZAF, Royal New Zealand Air Force, Boeing, New Zealand Defense Force, Former New Zealand, RNZAF Boeing, Air Force Locations: Hong Kong, China, Philippine, Manila, India, Australia, Melbourne, Auckland, Beijing, Tianjin, Shanghai

☆ UK cliff edge arrives as Bank of England prepares to end its emergency bond buying
▼ + stars: | 2022-10-14 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

The Bank's Financial Stability Committee on Sep. 28 announced a two-week emergency purchase program for long-dated U.K. government bonds. Bloomberg | Bloomberg | Getty ImagesLONDON — The Bank of England's emergency bond-buying program draws to a close on Friday, with traders remaining on edge as volatility in the U.K. bond market looks set to continue. The central bank initially announced the two-week intervention in the long-dated bond market on Sep. 28, having been informed that a number of liability driven investment (LDI) funds — held by pension plans — were hours from collapse as U.K. government bond prices plunged. The BOE's Pill also highlighted that recent actions taken to ensure orderly market function and financial stability sought to preserve the effectiveness of monetary policy, but should not be considered monetary policy actions in themselves. Chris Lupoli, U.K. rates and inflation strategist at BNP Paribas , told CNBC Thursday that the Bank of England remained focused on the temporary purchases serving as a "backstop."

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