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☆ Activist Nuns, With Stake in Smith & Wesson, Sue Gun Maker Over AR-15 Rifles
▼ + stars: | 2023-12-05 | by ( Cameron Mcwhirter | Zusha Elinson | ) www.wsj.com time to read: 1 min

Smith & Wesson semi-automatic pistols for sale at a shop in California. Photo: Bing Guan/Bloomberg NewsA group of activist nuns filed an unusual shareholder lawsuit to pressure gun maker Smith & Wesson to drastically change the way it markets, makes and sells its popular version of the AR-15 rifle. The so-called shareholder derivative action, which the nuns filed in Nevada state court Tuesday against publicly traded Smith & Wesson, alleges that company leaders are putting shareholders at risk. They argue the leaders are exposing the company to liability by the way they have made and sold the rifle, which has been used in several mass shootings in recent years.

Persons: Smith, Bing Guan Organizations: Wesson, Bloomberg Locations: California, Nevada

☆ The best red carpet looks from the British Fashion Awards 2023
▼ + stars: | 2023-12-05 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —On Monday night, the British Fashion Council orchestrated its annual British Fashion Awards — a star-studded ceremony in London aimed at encouraging new, trailblazing designers, as well as honoring stalwarts of the industry. Across the red carpet, sequins, velvet and red tones conquered in what was a decidedly festive sartorial palette. Gareth Cattermole/Getty ImagesAnne Hathaway stunned onlookers in vintage Valentino. Gareth Cattermole/Getty ImagesRita Ora wore Primark, a nod to her latest collaboration with the high-street retailer. Gareth Cattermole/Getty ImagesPamela Anderson rocked the no makeup look once more, wearing a Gareth Cattermole/Getty Images Europe/Gareth Cattermole/Getty Images

Persons: Anne Hathaway, Gwnyeth Paltrow, Pamela Anderson, Taylor Russell, Paloma Elsesser, Kate Moss, Alexa Chung, Laura Whitmore, Sam Smith, Iris Law, Vivienne Westwood, Caroline Rush, Richard Quinn, Queen Elizabeth II, Neil Mockford, Loewe, Gareth Cattermole, Amal Clooney, Versace, Joe Maher, Dominic Lipinski, Lewis Hamilton, Wales Bonner, Getty, Michaela Coel, Suki Waterhouse, David Fielden, Valentino, Gwyneth Paltrow, Paltrow, Valentino Garavani, Giancarlo Giammetti, Gillian Anderson, Rita Ora, Isamaya Ffrench Organizations: CNN, British Fashion Council, Alexa, Getty Locations: London, British, LA, Europe

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the same period in 2022. That was despite last year's spectacular meltdown of crypto exchange FTX, which had been a top-ten spender. Coinbase (COIN.O), the largest U.S. crypto exchange, led the pack again, spending $2.16 million, followed by Foris DAX, which operates Crypto.com, the Blockchain Association and Binance Holdings. Although those bills have yet to advance further, crypto lobbyists are not letting up.

Persons: Marco Bello, spender, FTX, Foris DAX, Kristin Smith, Sam Bankman, Fried, Coinbase, Binance, Crypto.com, Hannah Lang, Michelle Price, Matthew Lewis Organizations: REUTERS, Rights, Blockchain Association, Binance Holdings, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Miami Beach , Florida, U.S, Washington, Manhattan, Binance

☆ The Best Movies of 2023: ‘Oppenheimer,’ ‘Elemental’ and Originality’s Overdue Success
▼ + stars: | 2023-12-05 | by ( Kyle Smith | ) www.wsj.com time to read: +1 min

Illustration: Sean McCabeHas the pandemic changed American taste? The case for yes, at the movies anyway, might cite the top box-office performer this year: “Barbie,” which wasn’t a remake or a sequel or an adaptation of a comic book. The last time that happened was 2014, when “American Sniper” came out. As the movie industry returned to normal for the first time this decade, the audience kept suggesting it wanted a new normal. Who would have guessed that “Oppenheimer” would earn more than the year’s first three DC comics movies combined?

Persons: Sean McCabe, “ Barbie, ”, “ Oppenheimer ”, Indiana Jones, Creed III, — Organizations: Marvel, DC Locations: Hollywood

☆ Loewe designer Anderson and model Elsesser win at Fashion Awards
▼ + stars: | 2023-12-05 | by ( Hanna Rantala | ) www.reuters.com time to read: +1 min

LONDON, Dec 4 (Reuters) - Spanish luxury brand Loewe's creative director Jonathan Anderson won designer of the year at Britain's annual Fashion Awards on Monday, where industry leaders and young creative talent were honoured. Anderson, who founded the fashion label JW Anderson, arrived accompanied by actress Taylor Russell. Italian designer Valentino Garavani, known to the world simply as Valentino, was honoured with this year's outstanding achievement award. Stars attending the event also included actors Gwyneth Paltrow, Tessa Thompson and Pamela Anderson and model Kate Moss. The show is a fundraiser for the British Fashion Council (BFC) Foundation which focuses on supporting the growth and success of the UK's fashion industry.

Persons: Jonathan Anderson, Anne Hathaway, Lewis Hamilton, Amal Clooney, Anderson, JW Anderson, Taylor Russell, Valentino Garavani, Valentino, Paloma Elsesser, Edward Enninful, Maya Jama, Kojey, Sam Smith, Gwyneth Paltrow, Tessa Thompson, Pamela Anderson, Kate Moss, Hanna Rantala, Sonali Paul Organizations: London's Royal Albert Hall, British Vogue, British, Stars, British Fashion Council, BFC, Foundation, Thomson Locations: Italian

☆ An EU wealth tax and the end of U.S. capitalism: One bank’s ‘outrageous’ predictions for 2024
▼ + stars: | 2023-12-05 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

An EU wealth tax, the "end of capitalism" in the U.S. and a major health crisis arising from obesity drugs are just some of the "outrageous predictions" put forward by Saxo Bank in a report published Tuesday. Heading into 2024, the Danish investment bank suggested the world is at an "inflection point, with the familiar road of the last decade coming to an end." The predictions focus on a "series of unlikely but underappreciated" events that if they were to occur, would "send shockwaves across the financial markets." This would be rendered more likely if the population "realises how little in tax billionaires are actually playing," he speculated, with social unrest frequently simmering across the continent. In the Netherlands, it is even better to be a billionaire, as the average tax rate is below what US billionaires pay, Garnry noted.

Persons: Irene, I've, Steen Jakobsen, Robin Hood, Peter Garnry, Garnry Organizations: Saxo Bank, CNBC, EU, European Union, Equity Locations: Lower Manhattan , New York, EU, U.S, Ukraine, North America, East Asia, France, Netherlands

☆ Former researcher alleges Harvard forced her out to preserve Facebook donations
▼ + stars: | 2023-12-05 | by ( Eamon Javers | ) www.cnbc.com time to read: +13 min

WASHINGTON — Social media researcher Joan Donovan says she knows the exact moment her career began to go off the rails. "I got called into the principal's office and was questioned about why I'm talking about Facebook," Donovan said. In a statement to CNBC, Harvard Kennedy School Director of Public Affairs James Smith disputed Donovan's account of her departure. "The narrative is full of inaccuracies and baseless insinuations, particularly the suggestion that Harvard Kennedy School allowed Facebook to dictate its approach to research." Smith told CNBC that Harvard University and the Kennedy School continue to carry out misinformation and social media research to this day.

Persons: Harvard Kennedy, Joan Donovan, Donovan, John F, Frances Haugen, Haugen, Elliot Schrage, Schrage, Nick Clegg, Clegg, didn't, Douglas Elmendorf, Dean Elmendorf, Sheryl Sandberg, Sandberg, Elmendorf, Mark Zuckerberg, Priscilla Chan –, –, Zuckerberg's, Guillermo S, Hava, Eleanor V, Wikstrom, —, Chan, Public Affairs James Smith, Smith, Kennedy, Chan Zuckerberg, Donovan's Organizations: Harvard, Media Politics, WASHINGTON — Social, Harvard University, Kennedy School of Government, Dean's Council, CNBC, Meta, Facebook, Dean's, Kennedy School, Elmendorf, Harvard's Kennedy School, Twitter, Google, Washington Post, Initiative, Technology, Research, Whistleblower, Massachusetts, U.S . Department of Education's, Civil Rights, Harvard Kennedy School, Public Affairs, School, Kennedy, Media, Politics, Public, Tech, Chan Zuckerberg Initiative Locations: Malden, Harvard, Central, Dean's, FBarchive.org

☆ Cher says this career mistake cost her 'a lot of money': 'I was so stupid'
▼ + stars: | 2023-12-05 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Cher has sold over 100 million records and won a trove of awards, including a Grammy, an Emmy and an Oscar, across her six-decade career. But there's one mistake the 77-year-old singer made earlier in her career that still haunts her — and cost her "a lot of money," she shared in a new interview. While that line made it to the final recorded version of "Believe," Cher's name doesn't appear in the songwriting credits. "Believe," which was released in 1998, is one of Cher's best-selling records to date. Warner Records, the label that released "Believe," did not immediately respond to CNBC Make It's request for comment.

Persons: Cher, Vernon Kay, Kay, I've, Rick Carnes, Carnes, Brian Higgins, Stuart McLennan, Paul Barry, Steven Torch, Matthew Gray, Timothy Powell Organizations: BBC, Recording Academy, Songwriters Guild of America, Warner Records, CNBC

☆ Biden December fundraising blitz to star James Taylor, Spielberg
▼ + stars: | 2023-12-05 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +3 min

[1/3] U.S. President Joe Biden speaks during a reception at the White House ahead of the 46th Kennedy Center Honors gala, in Washington, U.S. December 3, 2023. "We're putting in the work across our fundraising program and look forward to again outperforming the MAGA field," Biden campaign spokesperson Kevin Munoz said. Next week, Biden will raise money in Pennsylvania and Maryland with the states' Democratic governors Josh Shapiro and Wes Moore. Recent polling has shown the GOP frontrunner leading Biden in hypothetical matchups in key swing states and on the national level. Hollywood and the entertainment industry overall lean Democratic, at least when it comes to fundraising, according to OpenSecrets, which tracks campaign contributions.

Persons: Joe Biden, Nathan Howard, Biden, James Taylor, Stephen Spielberg, Rob Reiner, Michael Smith, James Costos, Barack Obama's, Lenny Kravitz, Wendy Schmidt, Eric Schmidt, Rick Caruso, Robert Tuttle, outperforming, MAGA, Kevin Munoz, Josh Shapiro, Wes Moore, Kamala Harris, Gretchen Whitmer, Alex Padilla, Julie Chavez Rodriguez, Donald Trump, Charles Koch's, Nikki Haley, Miriam Adelson, ouptaced Trump, Jarrett Renshaw, Heather Timmons, Bill Berkrot Organizations: White, 46th Kennedy Center, REUTERS, Democratic, Reuters, HBO, Los, Biden, Super, Trump, Democratic Party, Republican, Democratic National Committee, Hollywood, Thomson Locations: Washington , U.S, Boston, California, Los Angeles, Spain, Pennsylvania, Maryland, Michigan, Alex Padilla of California

WASHINGTON (AP) — President Joe Biden is making a big push to raise money for his reelection effort before the end of the year, appearing at seven events through next Monday — with more to come. Biden will also attend a fundraiser Wednesday near the White House and another one on Monday in Philadelphia. One of the Boston events, titled “You've Got a Friend in Joe,” is billed as an “evening concert" with Taylor and Biden. Taylor, the winner of six Grammy Awards, helped kick off a White House event in 2022 celebrating the Inflation Reduction Act, a climate and health care bill that Biden signed into law. As of the last fundraising reporting deadline at the end of September, Biden and his party reported $91 million cash on hand.

Persons: Joe Biden, Biden, James Taylor, Steven Spielberg, Shonda Rhimes, Donald Trump, “, ”, Taylor, Michael Smith, Barack Obama, James Costos, Rocker Lenny Kravitz, Spielberg, Kate Capshaw, “ Indiana Jones, David Geffen, Rob Reiner, Nancy Pelosi, Barbra Streisand, Brian Slodysko Organizations: WASHINGTON, Democratic Party, White, Republican, Washington , D.C, Biden, Democratic National Committee, Boston, Associated Press, Democrats, White House, HBO, AP, Former Locations: Massachusetts, Boston, West Coast, Angeles, Philadelphia, Denver, Washington ,, Maryland, Los Angeles, Spain, “

☆ The feds are going to use Trump's tweets dating back to 2012 that baselessly claimed election fraud against him
▼ + stars: | 2023-12-05 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Jack Smith plans to use Trump's tweets, from as far back as 2012, in his 2020 election trial. The tweets show Trump's "plan of falsely blaming fraud for election results," a court filing alleges. AdvertisementWhen Trump launched his own campaign in the 2016 election, he repeatedly claimed that there would be widespread voter fraud. Prosecutors highlighted an October 2016 tweet — approximately two weeks before Election Day — in which Trump said, "there is large scale fraud happening on and before election day. The feds argue in the new filing that these tweets demonstrate Trump's "common plan of falsely blaming fraud for election results he does not like, as well as his motive, intent, and plan to obstruct the certification of the 2020 election results and illegitimately retain power."

Persons: Trump, Jack Smith, —, Donald Trump, baselessly, Mitt, Romney, Barack, Obama, Tanya Chutkan, Chutkan Organizations: Twitter, Service, Trump, Prosecutors Locations: United States

Attendees inspect Smith and Wesson firearms at the National Rifle Association's (NRA) annual meeting, in Indianapolis, Indiana, U.S., April 28, 2019. Smith & Wesson, which is incorporated in Nevada, did not respond immediately to a request for comment. The group of nuns filed the lawsuit in their role as Smith & Wesson shareholders, in what is known as a derivative lawsuit. The nuns alleged that the directors of Smith & Wesson have ignored growing legal risks from making assault-style rifles. Smith & Wesson warned in its 2022 annual report that it might have to pay significant damages due to legal proceedings against the company.

Persons: Smith, Bryan Woolston, Jeffrey Norton, gunmakers, gunmaker Remington, Adrian Dominican, Bon, Francis of Philadelphia, Jesus, Tom Hals, Alexia Garamfalvi, Leslie Adler Organizations: Wesson, REUTERS, Smith, Tuesday, Smith & Wesson, Sandy, Elementary, U.S, Supreme, Adrian, Bon Secours, St, Jesus &, Thomson Locations: Indianapolis , Indiana, U.S, WILMINGTON , Delaware, Nevada, Colorado, Connecticut, New York , Illinois, California, Adrian , Michigan, Marriottsville , Maryland, Aston , Pennsylvania, Ontario Province, Marylhurst , Oregon, Wilmington , Delaware

Dec 5 (Reuters) - Eli Lilly (LLY.N) on Tuesday said its recently approved obesity treatment Zepbound is now available in U.S. pharmacies and could cost $550 a month for customers whose health insurance does not cover the drug, or half the list price. Wall Street analysts expect sales of Zepbound to reach about $2 billion in 2024, and for sales of Novo Nordisk's (NOVOb.CO) rival obesity drug Wegovy to hit around $7.5 billion. An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. When the U.S. Food and Drug Administration approved Zepbound in November, Lilly said it would launch after the U.S. Thanksgiving holiday. Lilly's obesity drug has the same active ingredient, tirzepatide, as its previously approved diabetes drug Mounjaro, which has been used off-label for weight loss since its 2022 launch.

Persons: Eli Lilly, Wegovy, danuglipron, Zepbound, Lilly, Mike Segar, Eli Lilly's, Patrick Wingrove, Manas Mishra, Khushi, Arun Koyyur, Alexander Smith, Bill Berkrot Organizations: Wall Street, Novo, Pfizer, Company, REUTERS, CVS, U.S . Food, Drug Administration, U.S, Thomson Locations: U.S, Branchburg , New Jersey, Indianapolis, New York, Bengaluru

REUTERS/Yves Herman/File Photo Acquire Licensing RightsDUBAI, Dec 5 (Reuters) - Global carbon dioxide emissions from burning fossil fuels are set to hit a record high this year, exacerbating climate change and fuelling more destructive extreme weather, scientists said. The Global Carbon Budget report, published on Tuesday during the COP28 climate summit, said that overall CO2 emissions, which reached a record high last year, have plateaued in 2023 due to a slight drop from uses of land like deforestation. Countries are expected to emit a total 36.8 billion metric tons of CO2 from fossil fuels in 2023, a 1.1% increase from last year, the report by scientists from more than 90 institutions including the University of Exeter concluded. When land use emissions are included, global CO2 emissions are set to total 40.9 billion tons this year. China produces 31% of global fossil fuel CO2 emissions.

Persons: Yves Herman, India's, Pierre Friedlingstein, Friedlingstein, Kate Abnett, Alexander Smith Organizations: REUTERS, Rights, University of Exeter, 1.5C, IPCC, Research, Energy, Clean, European, Thomson Locations: Dunkirk, France, India, China, Paris, COP28, Helsinki, U.S, European Union, Europe

☆ Shanghai wants Microsoft to promote AI tech in city - govt
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: 1 min

A Microsoft sign at the U.S. tech giant's offices in Issy-les-Moulineaux, near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsBEIJING, Dec 5 (Reuters) - Shanghai authorities told Microsoft's (MSFT.O) visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub's government said. Chen Jining, Shanghai's Communist party Secretary, made the remarks while meeting Microsoft President and Vice Chair Brad Smith, the government said. Shanghai was also open to Microsoft collaborating on studying technology-related governance frameworks and standards, Chen said. Reporting by Beijing Newsroom;Our Standards: The Thomson Reuters Trust Principles.

Persons: Gonzalo Fuentes, Microsoft's, Chen Jining, Brad Smith, Chen Organizations: Microsoft, REUTERS, Rights, Communist, Beijing Newsroom, Thomson Locations: Issy, Paris, France, Rights BEIJING, Shanghai

Ken Griffey Jr. and Ozzie Smith have agreed to manage or coach at the May 25 Hall of Fame East-West Classic. The Negro Leagues East-West All-Star Game began at Chicago's Comiskey Park in September 1933, two months after MLB's first All-Star Game at the same ballpark, and was played annually through 1962. Major League Baseball has recognized seven Negro Leagues from 1920-48 as having big league status, but incorporating those numbers has not yet been completed. “As a kid growing up, I thought Negro League baseball was backyard, barnstorming baseball. “That was the first time I really, really, really thought about it, and I was like, damn, I really want to be in the Hall of Fame.

Persons: “, I'm, Ken Griffey Jr, Ozzie Smith, MLB's, Jerry, Scott Hairston, Sam, Ryan Howard, Prince Fielder, David Price, Justin Upton, Curtis Granderson, Dontrelle Willis, Adam Jones, Dexter Fowler, LaTroy Hawkins, Edwin Jackson, Buck O'Neil, Satchel Paige, Josh Gibson, Monte Irvin, Cool Papa Bell, hasn’t, Dave Stewart, ” Sabathia, LeBron James, ”, Jackie Robinson, Josh Rawitch, “ It’s, it’s, Carter, Sabathia Organizations: —, Negro Leagues, of Fame's Doubleday, of Fame East, Black Baseball, Negro Leagues East, Chicago's, Cincinnati, Indianapolis Clowns, Negro American League, Major League Baseball, Negro League baseball, American, of Fame, Cooperstown Locations: Tenn, Cooperstown , New York

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin surges to $44,000 for the first time since April 2022: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Vance Spencer of Framework Ventures discusses where venture capital firms are focusing their investments as crypto recovers from the worst of crypto winter.

Persons: explainers, Vance Spencer Organizations: CNBC Crypto, CNBC, Ventures

DUBAI, Dec 5 (Reuters) - U.S. special climate envoy John Kerry on Tuesday launched an international engagement plan to boost nuclear fusion, saying the emissions-free technology could become a vital tool in the fight against climate change. Kerry said the plan involved 35 nations and would focus on research and development, supply chain issues, and regulation, and safety. "There is potential in fusion to revolutionize our world," Kerry told the COP28 climate summit in Dubai. U.S. Special Presidential Envoy for Climate John Kerry participates in an event on women's role in building a climate-resilient world, at COP28 World Climate Summit, in Dubai, United Arab Emirates, December 4, 2023. Of the two main types of fusion, one uses lasers to concentrate energy on a gold pellet containing hydrogen.

Persons: John Kerry, Kerry, Amr Alfiky, Valerie Volcovici, Richard Valdmanis, William James, Alexander Smith Organizations: Dubai . Fusion, United Arab Emirates, REUTERS, Thomson Locations: DUBAI, Dubai, U.S, United Arab, Britain, United States, Australia, China, Germany, Japan, California

☆ Infillion has rehired 40 ex-MediaMath staffers as it presses ahead to relaunch the bankrupt former adtech pioneer
▼ + stars: | 2023-12-05 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

"If MediaMath was Will Smith — he had a whole acting career before he slapped Chris Rock in the face," Emrich told Insider. It's been a little over three months since Infillion, a US-based adtech company that owns assets like Gimbal and TrueX, bought MediaMath in a bankruptcy auction for $22 million. Emrich's team at Infillion is on track to relaunch the MediaMath demand-side platform and data management platform before the end of the year. Infillion also wants to integrate MediaMath with its other assets so companies can enhance their own advertising businesses using its tech. With the help of former MediaMath CEO Joe Zawadzki and his venture capital firm Aperiam Ventures, which is advising the company, Infillion has hired back 40 former MediaMath staffers.

Persons: Rob Emrich, they'll, MediaMath, Will Smith —, Chris Rock, Emrich, It's, Infillion, Joe Zawadzki, Carl Millikin, Vince Li, Geoff King Organizations: TrueX, MediaMath's, Google, Business, Aperiam Ventures Locations: US, Infillion, America

☆ The best looks celebrities wore to The Fashion Awards 2023
▼ + stars: | 2023-12-05 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

The Fashion Awards were held in London on Monday evening. Celebrities including Sam Smith and Suki Waterhouse attended. Some celebrities wore striking cutouts and others wore sheer gowns. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Celebrities including Sam Smith and Suki Waterhouse walked the red carpet at the event, which celebrates the biggest names in British fashion.

Persons: Sam Smith, Suki Waterhouse, —, London's Royal Albert Organizations: Service, London's Royal, London's Royal Albert Hall, BFC Foundation Locations: London

Former President Donald Trump's civil business fraud trial turned Tuesday to one of the topics that has vexed him most — the value of his Mar-a-Lago club in Palm Beach, Florida. A Palm Beach luxury real estate broker played a glimmering video of the historic estate and testified that he'd value it at over $1 billion as of 2021. Political Cartoons View All 1277 ImagesMar-a-Lago also is a key element of the current New York civil case and Trump's vehement frustration with it. The attorney general, a Democrat, maintains that Trump should have valued Mar-a-Lago the same way the county does, based on its club income. “Anybody who buys it … would just step into the shoes of President Trump,” defense attorney Christopher Kise said.

Persons: Donald Trump's, Trump, “, Lawrence Moens, Jack Smith, Lago, Letitia James ’, Judge Arthur Engoron, Jeffrey McConney, James, John Shubin, ”, Shubin, Christopher Kise Organizations: Republican, Mar, Trump, National Trust for Historic Preservation, National Trust, Democrat, Associated Press Locations: Lago, Palm Beach , Florida, Florida, New York, York, Beach, Miami, Palm Beach

Will savings rates drop after the next Fed meeting? It's unlikely national savings rates will drop after the next Fed meeting. What happens to savings rates when the Fed raises interest rates? In early 2024, savings rates are generally expected to be similar to current savings rates. Once the Fed plans to start cutting rates, however, savings rates will likely begin to go down in 2024.

Persons: Jerome Powell, Powell, David Smith, It's, it's Organizations: Federal Reserve, Federal, Committee, Pepperdine Graziadio Business, Spelman College

☆ A popular cruise line has a new deal for $50-a-day sailings but there's a catch — travelers have to be very flexible
▼ + stars: | 2023-12-05 | by ( Brittany Chang | ) www.businessinsider.com time to read: +4 min

Holland America Line's new standby program offers spontaneous travelers $50-a-day cruises. Holland America Line has a solution for budget-minded travelers who prefer more conventional and less intense itineraries. If a traveler is selected to sail, Holland America will alert them about a week before the embarkation date. According to Rough, this program is a "win-win" for Holland America and travelers living near the embarkation port. If a pre-booked guest has to cancel their vacation a week before sailing, standby travelers can fill this otherwise empty cabin, decreasing lost revenue.

Persons: —, Tynan Smith, David Friedman, Dan Organizations: Holland America, Service, Mexico itineraries, Frontier Airlines, Travelers, Holland America Line, Holland, Cruises, Travel Weekly Locations: Caribbean, Hawaii, Mexico, Vancouver, San Diego, Fort Lauderdale , Florida, Holland, Holland America

A faster and more effective rollout of the first COVID-19 booster shot authorized in 2021 would have saved more than 29,000 lives in the U.S., according to a new study. regulatory caution, in the middle of a pandemic, thus had a large, avoidable cost.”Still, they estimated that the first round of booster shots in the U.S. saved 42,000 lives. Israel was the first country to authorize a COVID-19 booster in July 2021. While the Centers for Disease Control and Prevention estimates that about 81% of the U.S. population received at least one dose of COVID-19 vaccine, uptake decreased with every subsequent shot authorized. Just 16% of adults have gotten the latest shot, which health officials have said is not enough.

Persons: ”, Israel Organizations: Health Affairs, U.S, Centers for Disease Control Locations: U.S, Israel

☆ US aims to show Trump's history of vote fraud claims at 2020 election trial
▼ + stars: | 2023-12-05 | by ( Andrew Goudsward | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Former U.S. President Donald Trump attends a Manhattan courthouse trial in a civil fraud case in New York, U.S., October 18, 2023. The case in Washington federal court is one of four criminal prosecutions facing Trump as he seeks to challenge Democratic President Joe Biden in the 2024 election. Trump continues to argue that his 2020 loss to Biden was the result of widespread fraud, a false claim that was rejected by multiple courts, state reviews and members of Trump's own administration. Trump is scheduled to stand trial beginning in March on charges that he interfered in the counting of votes and sought to block Congress’ certification of the 2020 election. Prosecutors have accused Trump of spreading “destabilizing lies” about widespread voter fraud to sow distrust in the election.

Persons: Donald Trump, Michael M Santiago, Jack Smith's, Trump, Barack Obama, Mitt Romney, Hillary Clinton, Joe Biden, Biden, Andrew Goudsward, Scott Malone, Nick Zieminski Organizations: U.S, Rights, Republican, Democratic, Trump, Prosecutors, Thomson Locations: Manhattan, New York, U.S, Washington

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