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☆ 1976 Seneca, Illinois Jane Doe identified as JoAnn ‘Vickie’ Smith
▼ + stars: | 2024-12-03 | by ( Veronica Fulton | ) www.nbcnews.com time to read: +5 min

It’s a mystery that took more than 47 years to solve: The true identity of a woman known as Jane Seneca Doe. Jane Seneca Doe artist rendering Courtesy of Carl KoppelmanOn October 2, 1976, the body of a young woman was found murdered and tossed in a ditch along Highway 6 in an unincorporated area of Grundy County, Illinois, near the village of Seneca. After nearly two months of unsuccessful attempts to identify the Jane Doe, she was buried in an unmarked grave at a cemetery in Braceville, Illinois, where she remained until 2018. Margaret Press, who founded the DNA Doe Project in 2017, said Jane Seneca Doe was at the top of her list of cases she wanted to see identified. According to a press release on the Grundy County website, Jane Seneca Doe was identified on June 27, 2024, as a woman named JoAnn 'Vickie' Smith.

Persons: Jane Seneca Doe, JoAnn ‘ Vickie, Smith, Carl Koppelman, Brandon Johnson, Jane Doe, “, ” Johnson, Johnson, Jane, John, Jane Seneca Doe’s, Margaret Press, JoAnn, Vickie, Vickie Smith’s, didn’t, Pam Lauritzen, — Vickie Smith —, ”, Vickie’s, Ronnie Smith, JoAnn ‘ Vickie ’ Smith Organizations: “, Margaret, Media, Communications, Southern Ohio College, Marriott Locations: Grundy County , Illinois, Seneca, Grundy County, Braceville , Illinois, GEDmatch, Grundy, Cincinnati , Ohio, ” Grundy County

☆ FastFeetGrinded: How a Dutch recycling company is tackling footwear waste
▼ + stars: | 2024-12-03 | by ( Michelle Cohan | ) edition.cnn.com time to read: +8 min

Widely used materials, such as polyester and ethylene vinyl acetate (EVA), can take a long time to break down. From there, they partnered with a machine manufacturing company, Heilig Group, which helped bring their shoe recycling factory FastFeetGrinded to life. Those materials are then shredded into small pieces, before being separated out by type, and then refined into recycled materials ready for reuse. Making shoes from shoesA shoe made of fully recycled FastFeetGrinded material has yet to hit the market, but brands are making strides to reuse materials. FastFeetGrinded is the brand’s largest footwear recycling partner in Europe; it takes Asics factory floor rejects, as well as used shoes returned in stores.

Persons: ”, Danny Pormes, Erna, who’s, Yuly Fuentes, Fuentes, Medel, ‘ it’s, Deborah Rowland, Pormes, FastFeetGrinded, ” Fuentes, Mendel, FastFeedGrinded, Asics, Romy Miltenberg, Miltenberg, ” Miltenberg, it’s, Erna Pormes, ” Pormes Organizations: CNN, MIT, Heilig, repurposing, Adidas, EMEA, “ Companies, CNN Consumers Locations: Netherlands, Europe, Asics

With just weeks until a December 20 spending deadline, negotiators in the House and Senate are trying to find a path forward on yet another short-term spending bill to run into next year — a move that will force incoming President Donald Trump to contend with a funding battle in his first months of his presidency and smack dab in the middle of what is expected to be a contentious confirmation season. The length of that bill as well as what else is included in it is still an active discussion, sources tell CNN. Doing so would help protect the speaker from a right flank that loathes an end-of-year mega spending bill, known as an omnibus. For now, negotiators are trying to nail down an agreement on what else will be included in the package. A top target: A disaster aid package to help areas ravaged by hurricanes this fall — and how big that package will be remains an active discussion.

Persons: Donald Trump, Chuck Schumer, Mike Johnson Organizations: CNN

☆ Hunter Biden pardon fallout and strategic timing behind Syria's reignited civil war: Morning Rundown
▼ + stars: | 2024-12-03 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

Donald Trump could use Joe Biden’s pardon of Hunter Biden for his own gain, some worry. Hunter Biden pardon gives Trump political coverPresident Joe Biden’s decision to pardon his son Hunter Biden was a move by a father to protect his son that some lawmakers said they could understand. “I’ll put it this way — if it was my son, I’d pardon him too,” Republican Sen. Tommy Tuberville said. What hasn’t resonated as widely is Biden’s stated reason for pardoning Hunter Biden. Yesterday, White House press secretary Karine Jean-Pierre defended Biden, telling reporters he believes “Hunter was singled out.

Persons: Donald Trump, Joe Biden’s, Hunter Biden, Trump, “ I’ll, I’d, Republican Sen, Tommy Tuberville, pardoning Hunter Biden, Biden, Karine Jean, Pierre, “ Hunter, “, ”, Chris Kofinis, Ty Cobb, Democratic Sen, Gary Peters, It’s, Pete Hegseth, Jamie Raskin, Jerry Nadler, Bashar al, Hayat Tahir al, Assad, haven’t, Hannah Kobayashi, Jim McDonnell, Kobayahsi, Kobayashi “, ” McDonnell, Kobayashi, they’re, Elon Musk, Russell Wilson, Leila, Alpha, you’ve, — Elizabeth Robinson Organizations: Oxford University Press, Republican, White, Democratic, Department of Justice, Justice Department, Trump White House, Committee, Syrian, Human Rights, ISIS, Congress, GOP, Los Angeles Police, Police, LAPD, Indiana University, Netflix, The Denver Broncos, NBC, Oxford Locations: Los, Hawaii, Paris, Syria, Aleppo, Russian, Russia, Iran, Lebanon, ”, U.S, Mexico, L.A, Los Angeles, San Diego, Carolina, Colorado

☆ Michelin-starred chef makes Christmas plea to thieves who stole $30K worth of pies
▼ + stars: | 2024-12-03 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +1 min

It was crumby for chef Tommy Banks when his van containing $30,000 worth of pies was stolen, but Michelin-starred chef has appealed to the thieves to donate them to people in need. The refrigerated van was filled with 2,500 pies with a variety of fillings including steak and ale, turkey and butternut squash, Banks said. He added that it had been “plugged in overnight” to keep the pies fresh. He added that he had planned to sell the pies at a pop-up stall in the nearby city of York. “I hope you don’t get any presents this Christmas,” he said in a separate post on his personal and business Instagram accounts.

Persons: Tommy Banks, ” Banks, Banks, ”, “ Organizations: Michelin, Staff, NBC News, North Yorkshire Police Locations: Ripon, Britain, York

☆ The Broncos paid Russell Wilson $39 million to go away — now he's starting for a Super Bowl contender
▼ + stars: | 2024-12-03 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

When the Pittsburgh Steelers made the midseason decision to switch starting quarterbacks, the move wasn’t exactly celebrated. Releasing Wilson cost the Broncos $85 million combined against their salary cap this season and next — the biggest cap penalty ever. The Broncos still had to pay Wilson $39 million this year after they cut him, minus whatever salary he made if he signed with another team. That allowed Pittsburgh to scoop him for a bargain one-year, $1.21 million contract, with Wilson getting $37.79 million more from the Broncos. After having averaged 20.7 points per game with Fields, Pittsburgh is scoring 28.7 with Wilson.

Persons: Justin Fields, Mike Tomlin, signee Russell Wilson, “ I’ve, Tomlin, Mina Kimes, Kimes, Ryan Clark, Russell Wilson, ”, Marcus Spears, Clark, “, Russ, Wilson Organizations: Pittsburgh Steelers, Pittsburgh, New York Jets, Jets, Steelers, ” Former Dallas Cowboys, Denver Broncos, Broncos, Denver, NFL, Seattle Seahawks, Cincinnati Bengals, Cleveland Browns, Philadelphia Eagles, Baltimore Ravens, AFC, Kansas City Chiefs Locations: Pittsburgh

☆ Melbourne: The Australian city that became a global food and drink powerhouse
▼ + stars: | 2024-12-03 | by ( Joe Minihane | ) edition.cnn.com time to read: +9 min

It’s the great Australian city debate, one which pits the commerce, business and money of Sydney against cultural, arts-loving, coffee-drinking Melbourne. Chris Putnam/imageBROKER/ShutterstockThere’s no better way to start a trip to Melbourne than with a proper cup of coffee. The history of coffee in Melbourne goes back to the years after World War II, when Italian immigrants arrived and brought their machines with them. And it's not just coffee 06:24 - Source: CNNKate Reid is the best person to speak with about Melbourne’s coffee obsession. “Neighbours” is set in the fictional Melbourne suburb of Erinsborough, although the street is real, as is the connection to the city.

Persons: Chris Putnam, Lane, CNN Kate Reid, Lune Croissanterie, ”, Reid, “, It’s, that’s, Phillip, Phillip Island, Vivien Zajicek, Cyril Callister, Vegemite superfan Gina Gardenal, upsettingly, Gardenal, Sam Tabone, Kylie Minogue, Guy Pearce, Margot Robbie, Robbie, Amazon’s, CNN Lucinda Cowden, “ Melanie, Cowden, “ Melbourne’s, ” She’s Organizations: CNN, croissants, Little Penguins, Kangaroos, Sydney Opera House, Melbourne Cricket, Cyril, Neighbours Locations: Melbourne, Sydney, Australia, caffeinated Melbourne, Fitzroy, Paris, Phillip, Little, Australian, Uluru, Beaufort, Victoria, England, Champagne, Erinsborough, “, Harold’s

In 2024, the polls conducted in the last two weeks understated his support by 2.4 points on average. First, it’s possible that the polls — once again — failed to capture enough new voters or voters who changed their votes from backing Biden in 2020 to backing Trump in 2024. This is a statistical correction that pollster used this cycle to address the previous undercount of Trump voters. Properly understood, pre-election polls can play an important role in democracy by providing a sense of what outcomes seem possible. Instead, we should consider how we can use pre-election polls in ways that convey the electoral possibilities at play and better describe the uncertainties involved.

Persons: America’s, can’t, Donald Trump, pollsters, —, ’, pollsters ’, Wisconsin —, Trump, Biden, Nate Silver, It’s Organizations: NBC, Trump, Democratic, Biden, Trump voters, Gallup, Pew Research, American Association of Public Locations: “, New York, Texas, Wyoming, Nevada, Arizona, Georgia, North Carolina , Michigan, Nevada , Pennsylvania, Wisconsin, North Carolina, Michigan , Nevada , Pennsylvania, —

☆ Real estate tycoon must pay $9 billion to avoid execution in Vietnam
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

HANOI, Vietnam — A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery in a high-profile $12 billion fraud case, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in what was Vietnam’s biggest financial fraud case on record. The High People’s Court in southern Ho Chi Minh City determined there was no basis to reduce Lan’s death sentence, reported online newspaper VnExpress. Documents reviewed by Reuters showed Vietnam’s central bank had as of April pumped $24 billion in “special loans” into SCB. Apart from the death sentence, Lan was handed a life sentence at a separate trial in October after being found guilty of obtaining property by fraud, money laundering and illegal cross-border money transfers.

Persons: Truong My Lan, Lan, Van Thinh, “, Vietnam’s cassation Organizations: Van Thinh Phat Holdings Group, Court, Reuters, Vietnam’s, Stock Commercial Bank, SCB Locations: HANOI, Vietnam, Ho Chi Minh City, Saigon

A 30-year-old Hawaii woman at the center of a missing persons search in Los Angeles willfully crossed into Mexico, seemingly as part of her desire to "disconnect," police said Monday. He said that detectives can't say they're "100% right" about their determination but that they know she didn't have her phone after she left Los Angeles International Airport. That day, family members said, she sent messages that concerned them because of their content and a voice that didn't seem to match hers. McDonnell said Kobayashi was reported missing Nov. 13, but the LAPD took over the case on Nov. 15. The Los Angeles County medical examiner said Ryan Kobayashi, 58, died as a result of multiple blunt force trauma injuries.

Persons: Hannah Kobayashi, she's, Jim McDonnell, McDonnell, Kobayashi, Douglas Oldfield, misstated, Aunt Larie Pidgeon, Sydni Kobayashi, Hannah, Pidgeon, Relatives, Kobayashi's, they're, Ryan Kobayashi, they’ve Organizations: Los Angeles Police, Los Angeles International Airport, NBC Los, Los Angeles Police Commission, Los Angeles International Airport Police Department, FBI, Police, NBC, LAX Police, LAX, New York City's Museum of Modern, Metro, Facebook, Greyhound, LAPD, . Customs, Border, Prevention Locations: Hawaii, Angeles, Mexico, Maui, NBC Los Angeles, New York City, Los Angeles, Honolulu, New, New York, Grove, Beverly Grove, South Los Angeles, San Diego's San Ysidro

The sweeping pardon means Hunter Biden won’t face any punishment for criminal convictions in two separate cases, one involving gun charges, the other tax evasion. “They took a gamble that didn’t play out as they hoped,” former Justice Department spokesman Anthony Coley said. If he follows through, Trump may try to blunt the fallout by invoking the Biden pardon. “Joe Biden's pardon of Hunter Biden proves President Trump's signature campaign promise to end the weaponization of our justice system needs to happen,” she said, adding: “President Trump has made that promise. A judge has already ruled there is no merit to the idea that Hunter Biden is a victim of selective prosecution.

Persons: Donald Trump, Joe Biden, Hunter Biden, Biden, ”, Sen, Joe Manchin, Tommy Tuberville, I'd, Trump, he’s, “, David Weiss, Anthony Coley, Ty Cobb, Karoline Leavitt, “ Joe Biden's, Trump's, He's, Chris Kofinis, MAGA, Pam Bondi, Robert H, Jackson, it’s Biden, Mark Scarsi, Hunter Biden “, it’s Trump, Greg Stanton, …, ” Sen, Gary Peters, It’s, Peters, Karine Jean, Pierre, Biden hadn't, Douglas Brinkley, there's Organizations: WASHINGTON, Trump, NBC, Justice, Democratic, Capitol, Trump White House, Fox News, “, Justice Department, Department, U.S, Prosecutors, District, Biden, Pew Research Center, Department of Justice, White, Air Force, Rice University presidential Locations: U.S, Delaware, crosshairs

☆ French lawmakers to hold no-confidence vote against embattled Barnier government on Wednesday
▼ + stars: | 2024-12-03 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

French Prime Minister Michel Barnier (C) ahead of his general policy statement to the French National Assembly in Paris on October 1, 2024. It comes after French Prime Minister Barnier on Monday opted to push through a highly-contested budget bill without parliamentary approval by deploying special constitutional powers. French lawmakers will debate and vote on the no-confidence motions filed against the fragile government of Michel Barnier on Wednesday. "Barnier is at the mercy of Marine Le Pen's right-wing Rassemblement National [National Rally]. New parliamentary elections cannot be held until next June, 12 months after the last snap vote that was called by French President Emmanuel Macron this year.

Persons: Michel Barnier, Barnier, Le, Holger Schmieding, Emmanuel Macron, Macron, — Organizations: French, French National Assembly, EU, National Assembly, Rassemblement, U.S . Locations: Paris, Germany, Greece

☆ Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now
▼ + stars: | 2024-12-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, an automaker CEO's resignation shows how tough a year the industry is having. His expedited departure — Tavares was scheduled to leave in 2026 — shows how choppy the automotive industry remains. AdvertisementHendrik Schmidt/dpa/Getty ImagesSo, what's got the auto industry stuck in gear? (It hasn't been a complete lovefest; he also called China's auto industry an "existential threat.") The massive money manager announced plans to acquire HPS Investment Partners, a private credit behemoth managing $148 billion, for $12 billion.

Persons: We've, I'm, Hendrik Schmidt, Carlos Tavares, — Tavares, Stellantis, Insider's Nora Naughton, Tom Carter, what's, Tesla, Jim Farley, Donald Trump's, Dmitry Balyasny, Brendan McDermid, Donald Trump, Elon Musk, Texas Richard Bord, Musk's Tesla, —, Musk, Pat Gelsinger, Tony Cordoza, Anna Kim, Getty, Tyler Le, they'd, Jake Paul, Mike Tyson, Dan DeFrancesco, Grace Lett, Ella Hopkins, Spriha Srivastava, Amanda Yen, Milan Sehmbi Organizations: Business, dpa, Getty, Jeep, Chrysler, United Auto Workers, EV, Ford, Balyasny Asset Management, Reuters, Citadel, Schonfeld Partners, HPS Investment Partners, BlackRock, SpaceX, Intel, Amazon Web Services, Accenture, Netflix, ISI, Disney Locations: China, Mexico, Chicago, California, Texas, Delaware, Australia, New York, London

☆ I worked in Big Tech for years and now help others get jobs. Don't follow these 4 career advice clichés.
▼ + stars: | 2024-12-03 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Now, as the CEO of Kadima Careers, he advises against following certain career advice clichés. Related Video How Jessica Apotheker of BCG makes sure the CMO role is relevant to the organizationMy company, Kadima Careers, is a career accelerator. We work for candidates and we help them get better jobs quickly, competently, and with lots more money. You should definitely check the company values out, understand the products, and research the role and who you're meeting with. AdvertisementIf you're going for an individual contributor role and you're going for a manager role, there are some different dynamics you do there.

Persons: Alan Stein, clichés, Jessica Apotheker, We've, I've, —, it's, It's Organizations: Google, Kadima Careers, American Express, Kadima, LinkedIn

☆ You need to care more about your son’s health. This urologist explains why
▼ + stars: | 2024-12-03 | by ( Dr. Jamin Brahmbhatt | ) edition.cnn.com time to read: +9 min

Mental health matters just as much as physical health, and boys should know it needs to be a priority. Nutrition and exerciseDuring puberty, boys’ bodies grow rapidly, and they need the right fuel to keep up. Boys need to understand that what they see online isn’t always real. Boys need to know that it’s OK to ask questions — whether it’s about feelings, their changing bodies or anything else. By creating an environment in which boys feel comfortable talking about their health, we’re giving them the tools they need to navigate a time of massive change.

Persons: Jamin, I’ve, —, don’t, haven’t, it’s, they’re, ” Organizations: Orlando Health, University of Central Florida’s College of Medicine, CNN, Popular Media Locations: United States

☆ French Prime Minister Michel Barnier faces vote of no confidence
▼ + stars: | 2024-12-03 | 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 EmailFrench Prime Minister Michel Barnier faces vote of no confidenceFrench Prime Minister Michel Barnier's government faces collapse as left-wing and far-right parties say they will support a vote of no confidence.

Persons: Michel Barnier, Michel Barnier's Organizations: French

☆ Jaguar releases a concept for its new EV model after a controversy over its rebranding — which didn't feature a car
▼ + stars: | 2024-12-03 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Now, the luxury British carmaker has filled in some of the blanks regarding its new identity by revealing a concept car at Miami Art Week. A front view of Jaguar's concept car. A side-view of Jaguar's concept car. JaguarThree brass lines run through the length of the concept car, with one right down the middle. JaguarAn interior view of Jaguar's concept car.

Persons: Constantino Segui Gilabert, Tom Holden, flack, Elon Musk, Jaguar's, Rawdon Glover, —, he's, Sir William Lyons, India's Tata, Glover Organizations: Miami Art, Jaguars, EV, Financial Times, SS, SS Cars Limited, Getty, India's, India's Tata Motors, Rover

☆ RBC's Lori Calvasina on her S&P 500 target of 6,600 by end of 2025
▼ + stars: | 2024-12-03 | 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 EmailRBC's Lori Calvasina on her S&P 500 target of 6,600 by end of 2025Lori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Squawk Box' to discuss the latest market trends, market outlook for 2025, where investors can find opportunities right now, and more.

Persons: Lori Calvasina Organizations: RBC Capital Markets

☆ Why your employer might love for you to quit
▼ + stars: | 2024-12-03 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

It’s also true, however, that sometimes they would like at least some employees to quit, and not just the underperformers whom they’d otherwise like to fire. When employers might welcome your leavingThere are a myriad reasons why an employer might push people to quit. It’s worth checking, too, if the employment laws in your state impose any other restrictions on the employer. … Poor management is not illegal,” said Brian Heller, an employee-side attorney and partner at Schwartz Perry & Heller in New York. The only leverage you have in this kind of situation is not to quit, since quitting is what your employer wants, Heller noted.

Persons: can’t, It’s, Jesse Meschuk, Donald Trump, ”, Elon Musk, Vivek Ramaswamy, Trump, ” Meschuk, Meschuk, Joy Webb, Merritt Webb, you’ve, doesn’t, Chris Williams, You’re, Williams, I’m, Brian Heller, Schwartz Perry, Heller, “, Webb Organizations: CNN, Fortune, White, of Government, Wall Street, Microsoft Locations: overhiring, North Carolina, New York

☆ How UK Export Finance is supporting ethnic minority-led businesses to achieve their global ambitions
▼ + stars: | 2024-12-03 | by ( Sponsored Uk Export Finance | ) www.businessinsider.com time to read: +7 min

UK Export Finance helps ethnic minority-led businesses win, fulfill, and get paid for international business by providing guarantees, insurance and loans to support export activities. UK Export Finance (UKEF) is the UK government's export credit agency. UKEF can help ethnic minority-led businesses through its network of regional Export Finance Managers (EFMs) based around the UK. Once a business has an export plan in place, UK Export Finance can make it a reality by providing finance support. Supporting ethnic minority-led businesses to access export financeEthnic minority-led businesses contribute £25 billion to the UK economy per year, according to research from the Federation of Small Business.

Persons: Hitesh Patel, EFMs, Alissia Deane, Patel, Deane, they're, it's Organizations: Export Finance, UKEF's Export Insurance, Department for Business and Trade, Federation of Small, UK Finance, Research, The British Business Bank, London Chamber of Commerce, Venture Capital, UKEF, Department for Business, Trade, UK Export Finance, Insider Studios Locations: London, West Yorkshire, DBT, UKEF

☆ Margot Robbie described slapping Leonardo DiCaprio in an audition that supercharged her career
▼ + stars: | 2024-12-03 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +2 min

AdvertisementMargot Robbie described slapping Leonardo DiCaprio in her audition for "The Wolf of Wall Street." She said: "I was thinking, 'I'm going to get arrested, I'm pretty sure that's assault or battery.'" Margot Robbie said she slapped Leonardo DiCaprio in her audition for "The Wolf of Wall Street," and worried she'd be arrested. She said: "I thought, 'I could kiss Leonardo DiCaprio right now, and that would be awesome. "I was thinking, 'I'm going to get arrested, I'm pretty sure that's assault or battery.

Persons: Margot Robbie, Leonardo DiCaprio, Robbie, she'd, Naomi Lapaglia, Jordan Belfort, DiCaprio, Martin Scorsese, Leo, Marty, Barbie, Scorsese, — Locations: Hollywood

☆ Truong My Lan: Tycoon on death row for $12 billion fraud loses appeal in Vietnam court
▼ + stars: | 2024-12-03 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Hanoi, Vietnam Reuters —A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery in a high-profile $12 billion fraud case, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in Vietnam’s biggest financial fraud case on record. The High People’s Court in southern Ho Chi Minh City determined there was no basis to reduce Lan’s death sentence, reported online newspaper VnExpress. If Lan is able to return three-quarters of the money embezzled while on death row, it is possible the sentence could be commuted to life imprisonment, the report said. Apart from the death sentence, Lan was handed a life sentence at a separate trial in October after being found guilty of obtaining property by fraud, money laundering and illegal cross-border money transfers.

Persons: Vietnam Reuters —, Truong My Lan, Lan, Van Thinh, “, Vietnam’s cassation Organizations: Vietnam Reuters, Van Thinh Phat Holdings Group, Court, Reuters, Vietnam’s, Stock Commercial Bank, SCB Locations: Hanoi, Vietnam, Ho Chi Minh City, Saigon

☆ European markets set for higher open but France's political upheaval is in focus
▼ + stars: | 2024-12-03 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are expected to open higher Tuesday, with investors keeping an eye on political upheaval in France this week. The U.K.'s FTSE 100 index is expected to open 18 points higher at 8,322, Germany's DAX up 15 points at 19,922, France's CAC up 29 points at 7,245 and Italy's FTSE MIB up 43 points at 33,601, according to data from IG. Data releases Tuesday include U.K. retail sales and Spanish unemployment figures. France's financial markets will be closely watched Tuesday after Prime Minister Michel Barnier turned to special constitutional powers to pass a contested budget bill without a parliamentary vote. Opposition parties on both the left and right say they will back a no-confidence vote to bring Barnier's minority government down.

Persons: Germany's DAX, Michel Barnier Organizations: France's CAC, IG Locations: France

☆ Investors have never been more confident that stock prices will appreciate
▼ + stars: | 2024-12-03 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Investors may be getting too excited about the stock market. The data also shows that only 21.3% expect to see the market decline over the next 12 months. Indeed, the S & P 500 notched a fresh record high on Monday, briefly breaking above 6,050. .SPX 3M mountain SPX 3-mo chart Ginsberg pointed to other signs of overly bullish market sentiment. Ginsberg also said the five-day moving average on the S & P 500 put-call ratio dipped below 0.65 last week — flashing a contrarian sell signal.

Persons: Wolfe, Rob Ginsberg, Donald Trump, Ginsberg, Jefferies, Rob Dickerson Organizations: Conference, Board, Wolfe Research, Kroger, Albertsons, KR, ACI Locations: U.S

☆ China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule
▼ + stars: | 2024-12-03 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +6 min

"I think of this battle, this geopolitical battle to build AGI first as a 'hopium war'," Tegmark told CNBC in an interview last month. " And that means that the AGI race is not an arms race, it's a suicide race," Tegmark said. When it comes to AGI, China is likely to pursue a similar approach, according to analysts. Similar predictions were made about the internet, they all proved to be false," Kendra Schaefer, a partner at consultancy Trivium China," told CNBC. watch now"With AI, China hopes to shift the balance of power around the globe, like creating a new export model.

Persons: Max Tegmark, Sam Altman, Tegmark, Elon Musk, it's, Musk, China's, Tesla, Kendra Schaefer, Abishur Prakash, Prakash Organizations: Istock, Getty, Communist Party, CNBC, U.S, Life Institute, Huawei, Trivium China, Nvidia Locations: China, U.S, AGI, Toronto

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