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☆ Trump might be able to get Ukraine and Russia to stop fighting. A real peace is harder.
▼ + stars: | 2024-11-23 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

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

☆ Americans Learned to Root for the Supervillain — From Elon Musk to ‘Wicked’
▼ + stars: | 2024-11-23 | by ( A.O. Scott | ) www.nytimes.com time to read: +2 min

Donald Trump, in his trademark blue suit and red tie, strides across the frame in broad daylight, while Musk, in a black cap and T-shirt, cuts a gleefully diabolical figure. Whatever archetype actually describes Musk’s relationship to Trump — minion, sidekick, wartime consigliere, “first buddy” — there is no question that he radiates supervillain energy. In his own way, Trump does too. To observe that Trump’s opponents and Musk’s critics see them as villains would hardly count as much of an insight. Up there, where the snowpack of collective dreaming melts into the watersheds of commercial storytelling, the villains have been in the ascendant for quite a while.

Persons: Elon Musk, MAGA, ”, Donald Trump, Trump, “, Steve Bannon, Andrew Breitbart

☆ How tech bros bought 'America's most pro-crypto Congress ever'
▼ + stars: | 2024-11-23 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

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 Texas Board of Education narrowly voted Friday to allow Bible-based curriculum in elementary schools. Greg Abbott has voiced support for the lesson plans, which were provided by the state’s education agency that oversees the more than 5 million students in Texas public schools. Staci Childs, who is an attorney and a Democrat who voted against the Bible curriculum at Friday's hearing, said she believes it will be challenged in court. The new Texas curriculum follows Republican-led efforts in neighboring states to give religion more of a presence in public schools. The Texas Education Agency, which oversees public education for students statewide, created its instruction materials after a law passed in 2023 by the GOP-controlled Legislature required the agency to do so.

Persons: Greg Abbott, Staci Childs, Matthew Patrick Shaw, ”, Mary Castle Organizations: Texas, of Education, Texas State, Republicans, Republican Gov, Republican, Vanderbilt University, The Texas Education Agency, GOP Locations: Texas, Oklahoma, Louisiana

☆ 'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend
▼ + stars: | 2024-11-22 | by ( Sarah Whitten | Whitten Is A Social Media Writer For Cnbc. | ) www.nbcnews.com time to read: +5 min

The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. Whatever it hauls in for the weekend, “Wicked” should debut as the highest-opening Broadway adaptation in cinematic history. Meanwhile, “Gladiator II” tallied $6.5 million from Thursday previews and is expected to add between $60 million and $80 million to the domestic weekend tally. Cinemark has a “Gladiator II” popcorn bucket shaped like the Colosseum and a gladiator helmet that fits over its drink cups to hold popcorn.

Persons: Paramount’s, ”, Shawn Robbins, “, Paul Dergarabedian, “ It’s, ” Robbins, Greg Marcus, Marcus Theatres, Marcus, ” Marcus, NBCUniversal Organizations: Fandango, Amazon, Hollywood, Rotten, Comscore, Marcus Corporation, Marcus Hotels, Resorts, Comcast, CNBC Locations: U.S, Canada, ”, Comscore, NBCUniversal

☆ Inside the push for dietary guidance on ultraprocessed foods — and why it’s failing right now
▼ + stars: | 2024-11-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +22 min

These additives, along with high levels of sugar, salt and fat, help create the overwhelming lure of ultraprocessed foods. Ultraprocessed foods are typically high in added sugars, fats and salt; low in dietary fiber; and full of chemical additives, such as artificial colors, flavors and stabilizers. “There’s a lot of debate about whether or not all ultraprocessed foods are bad for you,” Hall said. Reduce intake of ultraprocessed foods — it’s really that simple.”Unfortunately, advisory committees are instructed to make recommendations using only the strictest science, Nestle added. It takes two overflowing trays of a mix of minimal and ultraprocessed foods to match the same energy density as one trayful of ultraprocessed foods.

Persons: Sam Srisatta, Srisatta, ”, Kevin Hall, Bert Lahr, Oz, “, Jeff Greenberg, ” Hall, Marion Nestle, Paulette Goddard, Nestle, Hall, ” Nestle, “ It’s, It’s, LaMotte, Walter Willett, ” Willett, Dr, Fatima Cody Stanford, ’ ” Stanford, Deirdre Tobias, ” Tobias, Robert F, Kennedy Jr, Donald Trump’s, Kennedy, Bonnie Liebman, Liebman, they’ve, ” It’s, Kevin Hall’s, it’s, ” Srisatta, Sara Turner, ” Turner, Tera Fazzino, Fazzino, Sam Srisatta’s, won’t Organizations: CNN, Unit, National Institutes of Health Clinical, National Institute of Diabetes, Diseases, Cowardly, US Food and Drug Administration, Universal, FDA, Volunteers, Nutrition, Food Studies, Public Health, New York University, “, World Health Organization, US Department of Agriculture, US Department of Health, Human Services, Harvard, of Public Health, Disease Prevention, Health, Harvard Medical School, Massachusetts General Hospital, ‘, ’, Brigham, Women’s Hospital, Assistance, SNAP, Center for Science, NIH, University of Kansas Locations: Bethesda , Maryland, Bethesda, Japan, United States, Chan, Boston, Massachusetts

☆ Jaguar boss speaks out after backlash to the car brand's latest ad campaign — which didn't include any cars
▼ + stars: | 2024-11-22 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

AdvertisementJaguar defended its rebranding campaign after online critics roasted a promotional video. The campaign, featuring models and no cars, was criticized as "woke." Jaguar's managing director is defending the British luxury-car maker's rebranding campaign — calling out some of its online critics and characterizing their reaction as "vile hatred" and "intolerance." (Most 2024 Jaguar models have list prices of about $50,000 to $80,000.) In response to the video posted on X by Jaguar, Musk wrote : "Do you sell cars?"

Persons: Jaguar's, Rawdon Glover, Brad Audet, —, Glover, India's Tata, Elon Musk, Andrew, Tristan Tate, Ian Miles Cheong, Musk, Nick Freitas, Bud Light, Bud, it's Organizations: Financial Times, Mazda, North America, Jaguar, Rover, Land Rover, India's, India's Tata Motors, Tesla, Republican, Delegates Locations: Virginia

☆ Nicaraguan lawmakers approve reform expanding Ortega’s power
▼ + stars: | 2024-11-22 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —The Nicaraguan parliament, dominated by the ruling Sandinista Front, on Friday approved a constitutional reform that hands more power to President Daniel Ortega as well as the Central American nation’s police and military. The two have been married since 2005 and she was made vice president in 2017. Under the new reform, the co-presidents will have control over the legislature, judiciary and electoral, public administration, and oversight bodies as well as autonomous entities. Government critics have said the reforms legalize the “absolute power” already exercised for years by Ortega and Murillo. “If adopted, these changes will sound the death knell for fundamental freedoms and rule of law in Nicaragua,” he said in a statement.

Persons: Daniel Ortega, “, Rosario Murillo, Ortega, ”, Murillo, Gustavo Porras, Human Rights Volker Turk Organizations: Reuters, Nicaraguan, Sandinista, Central American nation’s, Government, of American, UN, Human Rights Locations: United States, of American States, Nicaragua

☆ 'Wicked' vs. 'Gladiator II': If you see only one movie this weekend, the choice is clear
▼ + stars: | 2024-11-22 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

"Gladiator II" and "Wicked" are facing off at the box office this weekend. Related storiesCritics Score Audience Score "Wicked" 90% 98% "Gladiator II" 72% 84%If time is of the essence, there's no tie-breaker there. AdvertisementRuntime "Wicked" 2h 40m "Gladiator II" 2h 28mIf you want something you can see with the whole family, the choice is clear: "Wicked" is more kid-friendly. 'Gladiator II' has more Paul Mescal in it, thoughPaul Mescal is in "Gladiator II" and not "Wicked." Ultimately, follow your own taste"Wicked" nor "Gladiator II" are both worth the price of theater admission (and maybe even a popcorn and soda).

Persons: there's, Ridley Scott, Russell Crowe, Joaquin Phoenix, Lucius Verus, Paul Mescal, Connie Nielsen, Jon M, Chu, Cynthia Erivo, Ariana Grande, Oz, you've, Glinda, It's, Oscar, Erivo, Pedro Pascal, Denzel Washington, Aidan Monaghan, belting, Ariana, Giles Keyte Organizations: Pictures, Paramount, New York Times, Universal Pictures Locations: Rome

They see me as a threat to their power.”The episode has raised eyebrows among security officials, who point to Gabbard’s history of unusual relationships overseas. The circumstances that led to Gabbard’s inclusion on Quiet Skies may be entirely benign, these sources said. Under normal circumstances, one official said, Gabbard would be forced to explain the underlying foreign travel or contacts in question during her background check. Security officials from multiple agencies told CNN that the program is known inside the government for having far laxer standards for inclusion. “TSA’s Quiet Skies program is a risk-based, automated approach to transportation security, to include identifying potential risks and applying enhanced security measures.”The statement continued: “TSA’s Quiet Skies program is not a terrorist watchlist.

Persons: Tulsi Gabbard, Donald Trump’s, Gabbard, ” Gabbard, Kamala Harris, ”, “, Harris, Biden, Bashar al, Assad, Trump, — Organizations: CNN, Transportation Security Administration, Fox, TSA, Quiet, Air Marshals Locations: Syria

☆ Supreme Court Agrees to Hear Fresh Challenge to Agency Power
▼ + stars: | 2024-11-22 | by ( Adam Liptak | More About Adam Liptak | ) www.nytimes.com time to read: +1 min

The Supreme Court, which dealt a major blow to the power of federal agencies in June, agreed on Friday to consider another: whether Congress violates the Constitution by delegating broad discretion to them. The so-called nondelegation doctrine has been largely dormant since 1935, when the Supreme Court struck down New Deal laws for granting too much leeway to agencies with insufficient guidance. A decision reviving the doctrine would be the latest in a sustained series of attacks on what its critics call the administrative state. The decision in June, for instance, overruled a foundational precedent requiring deference to agencies’ interpretations of federal laws and endangered countless regulations in areas like the environment, health care and consumer safety. Along the same lines, other recent rulings rejected the Securities and Exchange Commission’s use of administrative tribunals to combat securities fraud and limited the Environmental Protection Agency’s ability to address carbon emissions.

Organizations: Securities, Exchange

☆ A long-standing debt rule helped collapse Germany's government. Now the policy is ripe for reform
▼ + stars: | 2024-11-22 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +5 min

But what is the debt brake and why is it so contentious? Germany's debt brake, or 'Schuldenbremse,' is a fiscal rule that forms part of the German constitution. In some exceptional circumstances, the debt brake can be suspended — this happened for example during the Covid-19 pandemic. watch nowWhen the debt brake was first implemented, its advocates argued that it would ensure a sustainable, responsible approach to public finances and spending. Critics meanwhile, say the debt brake is too restrictive, and that it has hampered investment which is necessary for a successful future.

Persons: Olaf Scholz, John Macdougall, Christian Lindner, Scholz, Lindner, Philippa Sigl, CNBC's Annette Weisbach, Holger Schmieding, Carsten Brzeski Organizations: Bundestag, Afp, Getty, Former, Green, European Commission, CNBC, ING Locations: Germany, Russia, Ukraine

☆ Yelloh, Formerly Schwan’s Home Delivery, Closes
▼ + stars: | 2024-11-22 | by ( Aimee Ortiz | ) www.nytimes.com time to read: +1 min

Yelloh, the frozen food delivery service formerly called Schwan’s Home Delivery, which had once been known for its reach with rural Americans and its direct-to-consumer business model, is closing its doors on Friday after decades of decline. Minnesota-based Yelloh was born on March 18, 1952 when its founder, Marvin Schwan, delivered 14 gallons of ice cream. The service’s popularity exploded over the years and later foods frozen at their peak made it onto the menu. The Schwan’s name lives on in frozen foods (Red Baron, Freschetta, and Mrs. Smith’s are among their many brands) — that side of the business was sold to CJ CheilJedan, a South Korean company, in 2019. But on Nov. 8, Yelloh permanently parked its fleet of refrigerated trucks that, with their yellow décor, were once instantly recognizable in small towns across America.

Persons: Yelloh, Marvin Schwan, Baron, Freschetta, Smith’s, CJ CheilJedan, ” Organizations: South Locations: Minnesota, South Korean, America

☆ The New York Times Presents: ‘Weight of the World’ on Ozempic’s Rise
▼ + stars: | 2024-11-22 | by ( ) www.nytimes.com time to read: +1 min

‘Weight of the World’Producer/Director Esther Dere and Nicole RittenmeyerCo-Producer Leah VarjacquesProducer/Reporter Dani BlumProducer Rachel AbramsWatch our new documentary on FX and Hulu starting Friday, Nov. 22, at 10 p.m. Eastern. The ascent of GLP-1 medications, such as Ozempic, has brought about a transformation within the weight-loss industry and beyond, reshaping societal views on health and body image. Originally developed to manage diabetes, these drugs have become associated with rapid weight reduction, capturing public interest thanks to rumored endorsements from high-profile figures like Oprah Winfrey and Elon Musk. “Weight of the World” dives into this pivotal moment, following the journeys of three individuals as they navigate the complexities of using GLP-1 medications. Through expert commentary from medical professionals, dietitians and cultural critics, the film looks at this evolving landscape, and it investigates the societal obsession with thinness and the implications of these new pharmaceutical interventions, raising questions about body image, health and the ongoing struggle against obesity.

Persons: Esther Dere, Nicole Rittenmeyer, Leah Varjacques, Dani Blum, Rachel Abrams, Oprah Winfrey, Elon Musk Organizations: Hulu Locations: America

☆ Opinion | We Wanted a New Republican Party. Trump Delivered.
▼ + stars: | 2024-11-22 | by ( Ross Douthat | ) www.nytimes.com time to read: +55 min

Barack Obama was elected president, and the mood in the Republican Party picked up on the mood you’ve already described. But in the end, what he did electorally was not in that election to build the pan ethnic working class Republican Party. But at the very least, there was the conventional wisdom was that the Republican Party had to move substantially to the left on immigration. I just think that if the Republican Party is not the party of private property and wealth building, so I don’t think. Is there any chance that the Republican Party is about to not be the party of private property and wealth building No, no, I think you’re right.

Persons: I’m Ross Douthat, Donald Trump didn’t, Trump, I’ve, Reihan Salam, Reihan, George W, I’m, pry, Ross, Ross Douthat, let’s, Bill Kristol, Bush, Boomer, Giuliani, Ronald Reagan, wasn’t, Bill O’Reilly, Ross Reihan, Bush’s, Barack Obama, Obama, That’s, Mitt Romney, Paul Ryan, Ryan, Rush Limbaugh, notionally, Jeb Bush, Marco Rubio, Bill Clinton, Donald J, Let’s, it’s, It’s, ”, Donald Trump, Rudy Giuliani, Will, electorally, Romney, we’d, didn’t, Pat, John McCain, Frank, Kavanaugh, Trump’s, George Floyd, Biden, hadn’t, progressivism, premised, ender, New Party ”, ryan, neoliberals, Steve Bannon, Steve Moore, we’re, Moore, Bannon didn’t, COVID, JD Vance, Elon Musk, Musk, he’s, Vance, hasn’t, Clinton, Hillary Clinton, Margaret Thatcher’s, Reagan, Roosevelt, Republican policymaking, we’ve Organizations: New York, Republican Party, Manhattan Institute for Policy Research, New Party, New York Times, Harvard Institute of Politics, Harvard, The, Democratic, Great Society, Republicans, Republican, Reagan Democrats, Tribune, Trump, Perot, Tea Party, Party, Social Security, Grand New Party ”, Romney, Obama Trump voters, GOP, Amnesty, Reagan, Biden, American, America, romney, Infrastructure, Clinton Democrat, Uc Locations: Washington , DC, Northwestern, Washington ,, New York, Washington, Iraq, America, “, China, American, United States, Clinton, it’s, Nevada

Percival Everett’s new novel, “James,” a retelling of “The Adventures of Huckleberry Finn” from the perspective of Huck’s enslaved companion, won the National Book Award for fiction on Wednesday. Critics have called Everett’s retelling “a slyly funny masterpiece.”The National Book Award is the latest in a string of accolades for the 67-year-old author, who has dozens of books and short stories under his belt. One of Everett’s books, “Erasure,” was adapted in 2023 into a film, “American Fiction,” starring Jeffrey Wright. The National Book Foundation awarded Jason De León’s “Soldiers and Kings: Survival and Hope in the World of Human Smuggling” in the nonfiction category. In response, National Book Foundation executive director Ruth Dickey has said Coates was being honored for his body of work rather than any individual publication.

Persons: Percival Everett’s, “ James, ”, Huckleberry Finn ”, “ James ”, Mark Twain, Jim, Everett, ” Everett, “, Huck Finn, James ”, Booker, Jeffrey Wright, Jason De León’s, Barbara Kingsolver, Paul Coates, Critics, Coates, Ruth Dickey Organizations: BBC, Foundation, Black Classic Press, Book Foundation Locations: America

☆ Viral banana artwork has sold again — this time for $6.24 million
▼ + stars: | 2024-11-21 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But artist Maurizio Cattelan’s viral creation, titled “Comedian,” has proven a sound investment for one collector: One of the artwork’s three “editions” smashed estimates to sell for $6.24 million at a Sotheby’s auction in New York on Wednesday. The auction house had estimated the work to go for between $1 million to $1.5 million; bidding began at $800,000. Prior to the sale, Sotheby’s confirmed to CNN that neither the tape nor, thankfully, the banana are the originals. The Miami installation was eventually removed amid public safety concerns, but all three editions were sold at the fair. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary.

Persons: Maurizio Cattelan’s, ”, , Oliver Barker, Sotheby’s, Justin Sun, ” Sun, “, ’, Marcel Duchamp’s, David Datuna, David Galperin, ” Galperin Organizations: CNN, Art Basel Miami Beach, Guggenheim, Art Newspaper, Leeum Museum of Art, Seoul National University Locations: New York, Miami, Americas, Seoul, South Korea, London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, Los Angeles

A banana duct-taped to a white wall — or an acclaimed piece of art, depending how you look at it — sold at a Sotheby's auction for $6.24 million on Wednesday. The artwork debuted at Art Basel Miami Beach in December 2019 and was initially estimated to sell around $1.5 million, according to Sotheby's. At one point, someone even took the banana off the wall and ate it. According to Sotheby's, Cattelan "single-handedly prompted the world to reconsider how we define art, and the value we seek in it." As Galperin put it, "There is no better forum to adjudicate the value of art and a single object than the platform of auction."

Persons: —, Maurizio Cattelan's, Nancy Durrant, Maurizio Cattelan, David Galperin, Sotheby's, rhapsodically, Durrant, Lucius Elliot, Durrant —, Elliot, Maurizio, Emmanuel Perrotin, Perrotin, Galperin Organizations: Art Basel Miami Beach, Art Basel, Americas, New, New York Post, Vogue Locations: New York

☆ The Miss Universe CEO said crowning a winner with 'blonde hair and blue eyes' is the 'ultimate evolution' for the pageant
▼ + stars: | 2024-11-21 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +8 min

But when a reporter asked Jakrajutatip about the evolution of the Miss Universe pageant, she fixated on Theilvig's looks. Hector Vivas/Getty ImagesJakrajutatip was in the audience at Miss Universe 2018 when Angela Ponce became the first transgender woman to compete. A month after the video was recorded, the 72nd Miss Universe pageant was held. AdvertisementMiss Universe's identity crisisThere have been subtle shifts in the Miss Universe and Miss USA pageants since Jakrajutatip took over the organization. Theilvig shares many similarities with every past Miss Universe winner: She is cisgender, under 29, unmarried, without children, and not plus-sized.

Persons: Anne Jakrajutatip, Victoria Kjaer, Jakrajutatip, Victoria Kjaer Theilvig, Theilvig, Kjaer Theilvig, Hector Vivas, Angela Ponce, Donald Trump, Josh Brasted, vitiligo, Osmel Sousa —, Raul Rocha —, —, Donald Trump Jr, Elon Musk, Trump, Rocha, Sousa, Musk, Barbies, CARL DE SOUZA, Alyssa Klinzing, I'm, Klinzing Organizations: Miss, Miss Universe, Miss USA —, BI, Miss USA, 72nd Miss, New York Times, WE, Trump Jr, USA, AFP, Miss Kansas Teen USA, Miss Kansas USA, Miss Houston USA Locations: Denmark, Nicaragua, India, South Africa

☆ Gap shares surge as it raises guidance, touts 'strong start' to holiday
▼ + stars: | 2024-11-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

As soon as the weather turned around, sales "rebounded" and the holiday shopping season is off to a "strong start" so far, said Dickson. The brand has seen four straight quarters of positive comparable sales and is benefiting from better marketing and product, the company said. Banana Republic: The trendy workwear line grew sales 2% to $469 million while comparable sales fell 1%, a bit worse than the 0.8% drop that StreetAccount had expected. Athleta: The athleisure arm of Gap's empire grew sales by 4% to $290 million while comparable sales were up 5%. In the year-ago period, comparable sales were down 19% at Athleta.

Persons: Richard Dickson, Dickson, We've, he's, StreetAccount, Alo Yoga, Chris Blakeslee Organizations: Old Navy, Fulton, Hurricanes, Navy, LSEG, CNBC Locations: Downtown Brooklyn, New York City, Banana Republic, StreetAccount ., Athleta

☆ How AI regulation in California, Colorado and beyond could threaten U.S. tech dominance
▼ + stars: | 2024-11-21 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

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

☆ Ron Insana: Bitcoin could be the mother of all manias as it soars toward $100,000
▼ + stars: | 2024-11-21 | by ( Ron Insana | ) www.cnbc.com time to read: +4 min

As bitcoin prepares to vault to $100,000, I can't help but wonder if cryptocurrency – not artificial intelligence – is the mother of all financial market manias. BTC.CM= YTD mountain Bitcoin in 2024 The first bitcoin, minted in 2009 , changed hands at about one-tenth of one cent. With bitcoin at nearly $100,000 on Thursday, the first buyers of the cryptocurrency would, no doubt, be worth scores of billions of dollars. The three defining features of money are: A medium of exchange A unit of account A store of value Bitcoin – or any cryptocurrency – is not widely used for transactions. The real question in my mind remains, does the world need bitcoin, or does it just want the flagship crypto?

Persons: bitcoin, cryptocurrency, SWIFT, there's, Donald Trump, Charles Mackay, Ron Insana Organizations: Louis Federal Reserve, U.S, U.S ., CNBC Locations: U.S, Dutch

She wrote two more bills that same week supporting Julian Assange and Edward Snowden, who were behind two of the biggest US national security leaks of the 21st Century. Both men are broadly seen as enemies of the state within the intelligence community. Gabbard proposed repealing Patriot ActIf confirmed, Gabbard will be the most markedly anti-surveillance official to lead the intelligence community in the post-9/11 era. Some prominent Republicans like former Trump national security adviser John Bolton and former Trump UN ambassador and 2024 GOP presidential candidate Nikki Haley have come out against her. Scott Olson/Getty ImagesGabbard is in many ways a stranger to the intelligence community.

Persons: Donald Trump’s, spymaster, Tulsi Gabbard, Daniel Ellsberg, Gabbard, ”, Ellsberg, Julian Assange, Edward Snowden, It’s, MAGA, Trump, Assange, Marco Rubio, Elise Stefanik, Mike Waltz, she’s, scot, Jamil Jaffer, George W, Bush, White, George Mason University’s, Snowden, Alexandria Ocasio, Cortez, Assange —, Sen, Rand Paul, Justin Amash, Matt Gaetz, Gabbard’s Snowden, Bill Pugliano, Tulsi, Drew Angerer, Glenn Gerstell, —, Gerstell, ” Gerstell, She’s, neocons, ” “, Vladimir Putin’s, Biden, “, Hannity, Steven Ferdman, cynically, John Bolton, Nikki Haley, DNI, ” Haley, Hillary Clinton, Assad, Obama, Tom Williams, CNN Gabbard, Bashar Assad, Nancy Pelosi, Gabbard’s, we’ve, Trump’s, Qasem Soleimani, ” ‘, Donald Trump, Scott Olson, Democratic Sen, Chuck Schumer, ” Gabbard Organizations: CNN, Democratic, Pentagon, The New York Times, Washington Post, US, National Intelligence, Republican Party, WikiLeaks, National Security Institute, George, National Security Agency, — Democratic, Trump, FBI, Fox, Patriot, Foreign Intelligence, Congress, Capitol, Defense Department, Democrat, Republican, NATO, Fox News Channel Studios, Trump UN, GOP, blindsided, Hawaii National Guard, House Armed Services Committee, Syrian, ISIS, Democratic Party, Lawmakers, Gabbard Locations: Syria, Ukraine, Russia, Alexandria, —, Washington, Detroit , Michigan, Gabbard, Washington ,, China, Hawaii, American, Moscow, New York City, Kremlin, Iraq, Lebanon, Ohio, La Crosse , Wisconsin, United States

☆ Former Hong Kong publisher Jimmy Lai begins to testify in his national security trial
▼ + stars: | 2024-11-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

HONG KONG — Former Hong Kong publisher Jimmy Lai began testifying Wednesday in his landmark national security trial that is widely seen as a measure of press freedom and judicial independence in the Chinese territory. He is fighting charges of colluding with foreign forces to endanger national security and conspiring with others to issue seditious publications. Lai, 76, faces up to life in prison if convicted under a national security law imposed by Beijing. But critics say that promise has become threadbare under the rubric of maintaining national security. It added that judges remain independent and partial when handling national security cases.

Persons: Jimmy Lai, Lai, Roman Catholic Cardinal Joseph Zen, Anthony Wallace, Mike Pence, Mike Pompeo, William Wong, Wong, Kongers, “, ”, Donald Trump, Xi Jinping, Hong, John Lee, Lai ., Keir Starmer, Xi, Chris Tang, Sebastien Lai, Doughty, Chambers, Jodie Ginsber Organizations: Roman Catholic, Catholic, Apple Daily, Getty, British, Authorities, Prosecutors, Beijing “, U.S, American, United Nations, Capitol, Protect Journalists, Hong Locations: HONG KONG, Hong Kong, Beijing, AFP, United States, U.S, Lai . British, British, Brazil, Hong, Britain, Washington

☆ Australia tables bill to limit under-16s from using social media with tech companies facing huge fines
▼ + stars: | 2024-11-20 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +2 min

Brisbane, Australia CNN —The Australian government is threatening multimillion dollar fines for social media companies that breach a proposed ban on children under 16 from using their service. “The legislation places the onus on social media platforms, not parents or children, to ensure protections are in place,” Rowland said. Many parents and pro-ban campaigners have lauded the bill as a long overdue measure to impose accountability on tech companies for tools Australian children use online. Both sides agree about the risks of children spending too much time online, and the need for tech companies to do more to safeguard their products. The Australia government’s also commissioned the UK consortium Age Check Certification Scheme to trial age verification technology, to aid efforts to keep children off social media platforms.

Persons: Michelle Rowland, ” “, ” Rowland, we’ve, ”, “, Australia government’s, it’s Organizations: Australia CNN, Communications, Albanese Government Locations: Brisbane, Australia

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