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Dodgers slugger Shohei Ohtani claimed in court papers this week that his former interpreter is in “wrongful possession” of valuable baseball cards that rightfully belong to him. Ohtani is seeking to recover $325,000 worth of baseball cards that he claims onetime assistant Ippei Mizuhara improperly bought earlier this year, according to a U.S. district court filing by the player and his attorney, Blair Berk. Some of those stolen funds were used on collectibles, Ohtani and his lawyer said in a federal court filing on Tuesday. Japanese baseball player Shohei Ohtani speaks alongside interpreter Ippei Mizuhara at Dodger Stadium in Los Angeles on Dec. 14, 2023. Brown / AFP - Getty Images file“Between January and March 2024, Defendant purchased approximately $325,000 worth of baseball cards at online resellers eBay and Whatnot, with payments drawn on Petitioner’s bank account,” the plaintiffs said.

Persons: Shohei Ohtani, Ohtani, Ippei Mizuhara, Blair Berk, Mizuhara, Frederic J . Brown, ” Organizations: Dodgers, Dodger, Getty, Defendant, Mizuhara, National League, District of Columbia, Sports, MLB Locations: U.S, Los Angeles, AFP, Seoul, California

☆ Halifax County Sheriff’s Office arrests husband for the “senseless murder” of Emma Compton Layne in 2017
▼ + stars: | 2024-11-29 | by ( Veronica Fulton | ) www.nbcnews.com time to read: +4 min

On Wednesday, November 27, the Halifax County Sheriff’s Office in Virginia posted on their Facebook page that an arrest was made in connection to the murder of Emma Compton Layne. “Sheriff Fred Clark announces the arrest of Russell Wayne Layne, age 67, of Nathalie, VA, for the senseless murder of his wife, Emma Compton Layne, which occurred in June of 2017,” the HCSO Facebook post states. Burton of the Halifax County Sheriff’s Office told Dateline that police began their investigation and got in contact with Emma’s husband, Russell Layne, who allowed authorities to search their home. Cadaver dogs were brought in to search the home and surrounding area the day after Emma was reported missing. “Emma’s remains were found the 22nd of November.

Persons: Emma Compton Layne, Fred Clark, Russell Wayne Layne, “ Layne, Jeff Burton, Emma, J.M, Burton, Russell Layne, Layne, ”, Tommy Spencer, “, Wynona Compton, Childress, Sylvia Whitlow, Emma Compton, Shawna Compton, Krohn, WSLS, she’ll, “ We’re, it’s, Russell Layne’s, Wynona Childress, Emma’s, Emma Layne’s Organizations: Sheriff’s, Facebook, Dateline, Halifax County Sheriff’s, NBC, Medical, Blue, Jail Authority, HCSO Locations: Halifax, Virginia, Nathalie, Cody , Virginia, Halifax County, Blue Ridge

Most of Connecticut's congressional delegation said they were the subject of bomb threats Thursday at their homes as they were preparing to celebrate Thanksgiving, although no bombs ultimately were found. "On Thanksgiving, Senator Murphy’s home in Hartford was the target of a bomb threat, which appears to be part of a coordinated effort involving multiple members of Congress and public figures," a spokesperson said in a statement. Similarly, Himes said in a statement on X that he was notified Thursday morning about a bomb threat targeting his home, though police found "no evidence of a bomb." Capitol Police said in January that it investigated more than 8,000 incidents involving threats to members of Congress last year, including "concerning statements and direct threats." Several of President-elect Donald Trump's planned administration officials were targeted with bomb and "swatting" threats Tuesday and Wednesday.

Persons: Jim Himes, Jahana Hayes, Joe Courtney, John Larson, Rosa DeLauro, Sen, Chris Murphy, Murphy, Murphy’s, Larson, Hayes, Himes, Courtney, Audrey Courtney, DeLauro, Brianna Burch, ”, Wolcott, Edward Stephens, Stephens, Donald Trump's Organizations: Democratic, NBC News, CBS, Connecticut Congressional, New, U.S . Capitol Police, FBI, Connecticut State Police, ” The Vernon Police Department, Wolcott Police, Capitol Police Locations: Hartford, Connecticut, New Haven

☆ Swiss wealth manager Lombard Odier indicted on money laundering charges
▼ + stars: | 2024-11-29 | by ( Katrina Bishop | ) www.cnbc.com time to read: +2 min

Lombard Odier — one of Switzerland's oldest private banks — was indicted by Swiss prosecutors on charges of aggravated money laundering. Karimova was indicted by the attorney general in 2023 on accusations of laundering money that was a result of criminal activities in Switzerland between 2005 and 2012. "Investigations have led the OAG to believe that part of the money laundered in Switzerland may have been transferred in bank accounts at ... Lombard Odier in Geneva. Lombard Odier, whose origins date back as far as 1796, denies the allegations. The bank said the case was initiated by Lombard Odier's "proactive reporting of suspicions to the Swiss authorities."

Persons: Lombard, —, Lombard Odier, OAG, Gulnara Karimova, Islam Karimov, Karimova, Gregoire Mangeat Organizations: Federal, Investigations, Bank, CNBC, Swiss Locations: Switzerland, Uzbekistan, Geneva

☆ Sweden asks China to cooperate in Baltic Sea cable investigation
▼ + stars: | 2024-11-29 | by ( Sophie Tanno | ) edition.cnn.com time to read: +2 min

CNN —Sweden has sent a formal request to China to cooperate with an investigation into suspected sabotage over the sudden disruption of two submarine internet cables in the Baltic Sea earlier this month, after tracking data linked a Chinese ship to the incidents. “Sweden has sent a formal request to China to cooperate with Swedish authorities in order to create clarity on what has happened,” Swedish Prime Minister Ulf Kristersson told reporters on Thursday. Kristersson also said that Sweden has asked for the Chinese ship to return to Swedish waters in order to aid its investigation. The C-Lion1 submarine telecommunications cable being laid to the bottom of the Baltic Sea in this file image from October 2015. The vessel, called Yi Pen 3, had been sailing out of the Baltic Sea after a stop in the port of Vistino, Russia.

Persons: Ulf Kristersson, Kristersson, Lithuania –, Boris Pistorius, Heikki Saukkomaa, Lin Jian, “, ” Organizations: CNN, German, Swedish Prosecution Authority, National Unit, International, National Bureau of Investigation, Getty Locations: Sweden, China, Baltic, Swedish, Denmark, Finland, Germany, Lithuania, States, Moscow, AFP, Kpler, Vistino, Russia

☆ China is on edge after Trump's talk of tariffs
▼ + stars: | 2024-11-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

AdvertisementOn Monday, Donald Trump threatened more tariffs on China, blaming Beijing for fentanyl. China criticized Trump's tariff threats, calling them ineffective and unjustified. "The excuse the president-elect has given to justify his threat of additional tariffs on imports from China is farfetched," wrote China Daily in a Tuesday editorial. AdvertisementMarkets are muted as investors wait and seeGlobal markets were jolted following Trump's post on Truth Social on Monday, but the effects have been felt mostly in foreign exchange. Global firms and Chinese manufacturers have already been diversifying their operations to manage concentration risks following Trump's first term and the COVID-19 pandemic.

Persons: Donald Trump, Trump, he'd, George Saravelos, Goldman Sachs, Wu Zhiqiang, Young Liu, Al Jazeera Organizations: Global, Deutsche Bank, Shenzhen Lingke Technology, Nikkei Asia, Apple, Macquarie Locations: China, Beijing, United States, Shenzhen, Thailand, India, Vietnam, Taipei, Al, Southeast Asia, Africa, China's

☆ Princess of Wales is about to undertake her biggest engagements since returning to duties
▼ + stars: | 2024-11-29 | by ( Billy Stockwell | ) edition.cnn.com time to read: +4 min

London CNN —Next week, Catherine, Princess of Wales is set to make her biggest return to royal duties since revealing that she had completed her chemotherapy treatment earlier this year. It’s a welcome signal if we remember that the Princess of Wales was forced to skip a state visit by the Emperor and Empress of Japan in June as she was undergoing chemotherapy. Max Mumby/Indigo/Getty ImagesThe extravagant procession will be followed by lunch at Buckingham Palace and a cultural exhibition. Preparations in the ballroom at Buckingham Palace on June 25, 2024, ahead of a state banquet during the three-day visit by Japan's emperor and empress to Britain. She also missed the annual Diplomatic Corps reception at Buckingham Palace last week, which was held to celebrate foreign diplomats in London.

Persons: Catherine , Princess, Kate, Prince William, Princess, Wales, Emperor, Emir Sheikh Tamim bin Hamad Al Thani, Sheikha Jawaher, King Charles, Queen Camilla, King Charles III, Emperor Naruhito, Empress Masako of Japan, Max Mumby, Prince of Wales, Sheikha, It’s, Aaron Chown, ” Organizations: CNN’s Royal, London CNN, Horse Guards, Qatari, Household Cavalry, Buckingham Palace, Royal Collection Trust, Westminster Abbey, Britain’s, Getty, Buckingham, Kensington Palace, CNN Locations: London, Qatar, United Kingdom, Buckingham, Japan, St, Westminster, Britain, AFP, Southport

☆ Intel's annual median pay has been stagnant compared to peers like Nvidia and Microsoft
▼ + stars: | 2024-11-29 | by ( Helen Li | ) www.businessinsider.com time to read: +2 min

AdvertisementIntel's median employee pay rose 4% in five years, lagging behind other tech firms. Other tech companies like Nvidia and Microsoft increased pay by at least 12%. Intel's median employee pay has only increased by 4% over the past five years, an analysis of annual proxy statements filed with the SEC showed. Related Video Nearly 50,000 tech workers have been laid off — but there's a hack to avoid layoffsIn 2019, Intel's average employee pay was $96,300. Besides stagnating pay, Intel employees have seen other setbacks.

Persons: Pat Gelsinger Organizations: Nvidia, Microsoft, Intel, SEC, Big Tech, AMD, Qualcomm, Business, Department of, Industry, Bloomberg Locations: Ohio, Phoenix

The stowaway didn’t have a boarding pass but completed a security screening and bypassed two identity verification and boarding status stations to board a Delta aircraft, according to the Transportation Security Administration. Here’s what we know:‘Exhaustive investigation’ underwayThe stowaway was not carrying any prohibited items, according to a TSA spokesperson. “Nothing is of greater importance than matters of safety and security,” a Delta spokesperson said in a statement. Stowaway is a US green card holderThe stowaway is a woman between 55 and 60 years old and has a Russian passport, according to an airport official in Paris. The woman applied for asylum in France a few years ago, the official told CNN.

Persons: Charles de Gaulle, Rob Jackson, ” Jackson, “, ‘, ’ ” Jackson, Jackson, –, ”, CNN’s Lex Harvey, Saskya Vandoorne Organizations: CNN —, New, JFK International Airport, Delta, Transportation Security Administration, TSA, CNN, FBI, Customs, Protection Locations: Paris, US, Russian, United States, Europe, France, New York, York City, JFK

☆ As retailers enter the holiday shopping season, the winners are pulling away from the pack
▼ + stars: | 2024-11-29 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Target , Kohl's and Best Buy each reported disappointing third-quarter results as early holiday deals fell short of meaningfully boosting their businesses. Choosy consumers have made the gulf between successful and struggling retailers even more stark heading into the holiday shopping season, said Neil Saunders, managing director of GlobalData Retail. That's a smaller year-over-year increase than the 3.9% jump from the 2022 to 2023 holiday season, when spending totaled $955.6 billion. Dick's and Abercrombie both hiked their full-year outlooks this week and said they expect a strong holiday shopping season. Kohl's warned it will have a deeper-than-expected drop in sales and announced a change in CEO ahead of the crucial shopping season.

Persons: Victor J, Fitch, Neil Saunders, Abercrombie, Scott Lipesky, Erik Nordstrom, Wall, John David Rainey, Rainey, Rick Gomez, Taylor Swift Organizations: Blue, Bloomberg, Getty, Walmart, Dick's Sporting Goods, Abercrombie, GlobalData, National Retail Federation, Nordstrom, CNBC, Target Locations: Clifton , New Jersey, U.S

☆ Store-brand stuff is having a moment
▼ + stars: | 2024-11-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

AdvertisementShoppers are still buying store brands at the grocery store and beyond to save money. Retailers from Walmart to Amazon Fresh have launched new store brands this year. Shoppers are still reaching for store-brand items to save money on everything from organic milk to business casual clothing — even as inflation slows. AdvertisementCircana said store brands made up 25.5% of grocery items sold in 2023, up from 24.7% the previous year. AdvertisementAldi quality tests 35,000 products a year for its store brands, Patton said.

Persons: John Rainey, Target, Nordstrom, Nordstrom's, Peter Nordstrom, Circana, Scott Patton, Patton Organizations: Private, Retailers, Walmart, Amazon, Shoppers, Unilever, Procter, Gamble, Saver, Nordstrom, Aldi, Aldi USA

Deir al-Balah, Gaza CNN —Hundreds of thousands of Palestinians who have been displaced multiple times from Israeli airstrikes across the Gaza Strip are now facing another threat – the arrival of harsh winter weather. On Sunday, the first strong storm to hit Gaza this winter was felt in all parts of the enclave. Winter in Gaza means more people will die shivering because of the cold, especially among the most vulnerable including older people + children,” Philippe Lazzarini said. Mohammed Alkhatib, deputy director of programs for Medical Aid for Palestinians (MAP) in Gaza said the suffering of displaced Palestinians in Gaza had “many faces” in a statement shared with CNN by MAP. Damaged temporary shelters for displaced Palestinians are seen after bad weather on a beach near Deir al-Balah, central Gaza, on Monday, November 25, 2024.

Persons: Deir, shoveled, “, ”, ” Philippe Lazzarini, Israel, ” Mohammad Younis, Younis, Um, “ We’re, ’, Israel’s, Mohammed Alkhatib, Ahmad Salem, ” Louise Wateridge, Sami Salehi, Salehi, he’d Organizations: Gaza CNN, Journalists, CNN, United Nations Relief, Works Agency for Palestine Refugees, UN, UNRWA, United Nations, Norwegian Refugee Council, UN Office, Humanitarian Affairs, Israel Defense Forces, Medical Aid, MAP, Bloomberg, Getty, United Nations Population Fund Locations: Gaza, Deir al, Israel, Al, Yarmouk, Gaza City, COGAT

The tariffs would be a significant escalation of Trump’s previous proposal, which was already a major increase on more targeted tariffs enacted during Trump’s first administration and kept in place by President Joe Biden. Canada is similarly considering its own options, including possible tariffs on U.S. goods, according to The Associated Press. America’s biggest import from Canada is oil — and any increase in energy prices would likely be felt throughout the economy. And in her statement reacting to Trump’s posts, Mexico’s Sheinbaum stated caravans of migrants were no longer reaching the border. And now he’s talking about tariffs to punish Mexico and Canada for not enforcing drugs and migrants across the border.

Persons: Donald Trump, Trump, Trump’s, Joe Biden, Claudia Sheinbaum, ” Ernie Tedeschi, Biden, Corie Barry, “, ” Barry, ”, Kayleigh McEnany, Dan Crenshaw, doesn’t, Steve Forbes, Mexico’s Sheinbaum, Douglas Irwin, mingles, you’re, ” Irwin Organizations: Yale, NBC News, Associated Press, America’s, Canada —, NBC, National Retail Federation, ”, Trump, ” Fox News, Fox News, Centers for Disease Control, U.S . Drug, Administration, U.S . Customs, Border Patrol, Dartmouth University Locations: Mexico, Canada, U.S, China, Texas

☆ Shohei Ohtani: Los Angeles Dodgers star seeks $325,000 worth of baseball cards from his ex-interpreter
▼ + stars: | 2024-11-28 | by ( Associated Press | Story The | ) edition.cnn.com time to read: +3 min

AP —Baseball star Shohei Ohtani wants his former interpreter to hand over hundreds of thousands of dollars worth of baseball cards he says were fraudulently bought using his money. The legal filing alleges Mizuhara accessed Ohtani’s bank account beginning around November 2021, changing his security protocols so that he could impersonate him to authorize wire transfers. By 2024, Mizuhara had used that money to buy about $325,000 worth of baseball cards at online resellers eBay and Whatnot, according to the court documents. Ippei Mizuhara, the former interpreter for the Los Angeles Dodgers baseball star Shohei Ohtani, leaves federal court in Santa Ana, California, on June 4, 2024. Earlier this year, Ohtani and the Dodgers won the World Series, and the baseball star won his third Most Valuable Player award.

Persons: Shohei Ohtani, Ippei Mizuhara, Mizuhara, Michael G, Freedman, Shohei, Damian Dovarganes, Ohtani —, — Organizations: —, Los Angeles Dodgers, Derby, American League MVP, Los Angeles Angels, MLB, NBA, NFL, Dodgers Locations: Santa Ana , California, Arizona, Japan

☆ Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo
▼ + stars: | 2024-11-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementDonald Trump said he'd put in place 25% tariffs on Mexican and Canadian imports upon taking office. This would push up prices for US-assembled cars by an average of $2,100, according to Wells Fargo. President-elect Donald Trump's proposed tariffs on Mexico and Canada would drive up the price of cars assembled in the US by an average of $2,100, according to estimates made by analysts at Wells Fargo. "Autos are stuck in the middle of Trump's geopolitics," the analysts said in a note on Wednesday, per Fortune. AdvertisementHowever, he said doing so may be more difficult than Trump expects due to massive US investments in Mexico.

Persons: Donald Trump, he'd, Donald Trump's, Trump, Wells Fargo, Wells, Claudia Sheinbaum Pardo, Sheinbaum, Colin Lewis, Marcelo Ebrard Organizations: —, Motors, Ford Motor Company, Ford, London School of Economics, Trump, Ebrard, ~$ $ Locations: Wells Fargo, Mexico, Canada

☆ Rudy Giuliani's mother-daughter defamation victims still haven't received millions of dollars of his assets
▼ + stars: | 2024-11-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

Thanksgiving is the one-month anniversary of Giuliani's deadline to turn over assets. Ruby Freeman and Shaye Moss have received a car and apartment without the paperwork to sell either. Freeman and Moss have subpoenaed the elder Giuliani's tax accountants, Mazars, USA, to see if he declared gifting the rings to his son. AdvertisementA bankruptcy judge dismissed the bankruptcy case within six months, citing Giuliani's "failure to provide even basic disclosure" of his assets. "The car keys without the title is really meaningless, US Court Judge Liman told Giuliani's attorney Joseph Cammarata.

Persons: Rudy Giuliani, Ruby Freeman, Shaye Moss, It's, Moss, Giuliani, Freeman, Joe DiMaggio, Donald Trump, livestreams, Giuliani —, —, DiMaggio, Baseball Hall of Famer Reggie Jackson, Judith, Rudolph Giuliani, Judith Nathan, Aaron Nathan, Jacquelyn Martin, Lewis Liman, Andrew, Donald Trump's, Trump, Lauren Bacall's, Lauren Bacall, Judge Liman, Joseph Cammarata, Liman Organizations: Mercedes, New, Yankees Stadium, Baseball Hall of Famer, AP, Mazars, Southern, of Locations: Georgia, Manhattan, New York City, Ronkonkoma , New York, Long, Florida, USA, Washington ,, United States, of New York

☆ Tech companies put on notice as Australia passes world-first social media ban for under-16s
▼ + stars: | 2024-11-28 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

Brisbane, Australia CNN —Australia’s parliament has passed a world-first law banning social media for children under 16, putting tech companies on notice to tighten security before a cut-off date that’s yet to be set. Under the new law, tech companies must take “reasonable steps” to prevent under-age users from accessing social media services or face fines of nearly 50 million Australian dollars ($32 million). “We know that social media can be a weapon for bullies, a platform for peer pressure, a driver of anxiety, a vehicle for scammers. The prime minister says he’s worried about social media. “We need to make social media safer for everybody.”A rushed processThe government has faced considerable criticism for the speed of the legislation.

Persons: Australia CNN —, Anthony Albanese, “ we’ve, ”, Albanese, Liberal Sen, Maria Kovacic, Greens Sen, Sarah Hanson, Young, he’s, ‘, TikTok, “, Bill, Elon Musk, YouGov, Dany Elachi, didn’t, won’t Organizations: Australia CNN, Facebook, Liberal Party, Liberal, Greens, Tech, Meta, Inc, Up Alliance Locations: Brisbane, Australia

☆ Irregular sleep patterns may raise risk of heart attack and stroke, study suggests
▼ + stars: | 2024-11-28 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

They calculated each person’s Sleep Regularity Index (SRI) score, with higher scores denoting more regular sleepers. The team then tracked incidents of cardiovascular death, heart attack, heart failure and stroke over eight years and found that irregular sleepers were 26% more likely to suffer one of these events than those with a regular sleep cycle. Irregular sleep means the variations in the time someone goes to sleep and wakes up. However, it was an observational study and, as such, can only establish a link rather than cause and effect: we can’t know for sure if irregular sleep patterns caused the increased risk. But even those irregular sleepers who got the recommended amount of sleep had a higher risk of suffering a major cardiovascular event.

Persons: Jean Pierre Chaput, ”, “, Chaput, Naveed Sattar, Attar Organizations: CNN, University of Ottawa, World Health Organization, University of Glasgow, Epidemiology & Community Health Locations: Canada, Scotland

☆ Despite Ozempic and RFK Jr., Uncrustables and Twinkies believe ‘very strongly that snacking continues’
▼ + stars: | 2024-11-28 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

But the owner of Twinkies and Uncrustables is predicting that nothing will be able to stop America’s insatiable hunger for snacks. “As it relates to anything in the political domain, we believe very strongly that snacking continues,” J.M. Food companies aren’t betting on Kennedy and the Trump administration to influence their businesses and Americans’ eating habits. Daniel Acker/Bloomberg/Getty ImagesSmucker believes that its food brands’ appeal and Americans’ craving for snacks will outweigh any changes Kennedy may bring. The brand includes meals high in protein and fiber that are “intended to be a companion for GLP-1 weight loss medication users and consumers focused on weight management.”

Persons: Robert F, Kennedy Jr, snacking, ”, Mark Smucker, Kennedy’s, Kennedy, Donald Trump, Kennedy “, ” Alexia Howard, Bernstein, General Mills, Kellogg, Kraft Heinz, Trump, ” Marion Nestle, Daniel Acker, Smucker, Biden Organizations: New, New York CNN, “, Health, Human Services Department, Assistance, Pepsi, General, Trump, US Senate, New York University, CNN, Bloomberg, Getty, Research Locations: New York, Smucker, Tiskilwa , Illinois, U.S, Switzerland

☆ Trump made unprecedented inroads in Silicon Valley this election
▼ + stars: | 2024-11-28 | by ( Rob Price | ) www.businessinsider.com time to read: +4 min

Silicon Valley, long considered a progressive stronghold, has begun to shift toward Donald Trump, according to new voting data analyzed by Business Insider. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. While Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley. Trump, with Musk in support, has promised to cut regulations, which could help Silicon Valley startups grow more quickly. The trend toward Trump in the Silicon Valley electorate mirrors statewide and national trends.

Persons: Donald Trump, Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, Silicon, San Francisco Bay, California, San Francisco, San Mateo county, Silicon Valley, Texas, Atherton

☆ Neom is a '50-plus-year plan,' says Saudi Arabia's finance minister
▼ + stars: | 2024-11-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Neom is one element, and its finance minister said the project is a "very long-term program." Saudi Arabia's finance minister has described the kingdom's ambitious Neom project as a "very long-term program" and returns should not be expected in the coming years. AdvertisementSaudi Arabia forecast a $26.8 billion deficit for 2025, or about 2.3% of GDP, in its Budget statement on Tuesday. The Saudi economy has contracted in recent years as the changes take place and global oil prices have declined. NeomIn 2022, Saudi Arabia was the fastest-growing G20 economy, according to the IMF.

Persons: Mohammed Al Aljaadan, Neom, Aljaadan Organizations: Reuters, IMF, Saudi Locations: Saudi Arabia, Neom, Saudi, Yemen, Saudi's

Kyiv, Ukraine CNN —Russian President Vladimir Putin has threatened to strike Ukraine again with a new nuclear-capable ballistic missile following Moscow’s latest widespread attack on critical energy infrastructure. He also warned he would consider further launches of Russia’s new “Oreshnik” medium-range ballistic missile, first fired at Ukraine’s Dnipro region last week. A view shows a thermal power plant damaged by a Russian missile strike, amid Russia's attack on Ukraine, at an undisclosed location in Ukraine November 28, 2024. REUTERS/Gleb Garanich Gleb Garanich/ReutersA view shows a part of Russian missile at a thermal power plant damaged by Russian missile strike in an undisclosed location of Ukraine, in an undisclosed location of Ukraine November 28, 2024. He said he couldn’t tell if the blasts were from missiles or Ukrainian air defense interceptions.

Persons: Vladimir Putin, It’s, Putin, “, ”, Donald Trump, ” Putin, Gleb Garanich Gleb Garanich, Reuters Putin, Volodymyr Zelensky, German Halushchenko, Zelensky, Joe Biden, Valeriy, ” Dorotiy, Yuriy Dyachyshyn, Olha Vaynrikh, ” Turiy Organizations: Ukraine CNN —, Energy Ministry, Ukraine’s, Russia’s Ministry of Defense, REUTERS, Russian, Reuters, Energy, German, Ukrainian Interior Ministry, CNN, Getty, Kyiv, Frankivsk, Ukrainian Air Force Locations: Kyiv, Ukraine, Kazakhstan, Ukraine’s Dnipro, Western, Moscow, Russia, Russian, Dnipro, Lviv, Volyn, Rivne, Vinnytsia, Kharkiv, Lutsk, Ukraine’s Volyn, AFP, Ivano

☆ The battle against 6% broker fees isn’t over after a surprise 11th hour court filing
▼ + stars: | 2024-11-28 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —The US Department of Justice threw even more doubt into a new way of paying for real estate brokers this week, raising concerns about a recent wide-ranging legal settlement. The new rules included in the settlement represented the biggest upheaval to the US real estate market in a century, sowing worry among real estate professionals. The NAR settlement was originally announced in March, and the new rules took effect in mid-August. “This is an important moment for NAR members, home buyers and sellers, and the real estate industry,” said NAR President Kevin Sears in a statement about the settlement approval. Rob Crawford, the owner of Florida real estate firm Loch Realty, said he has heard of real estate brokerages weighing whether to leave the organization.

Persons: Realtors —, ”, Leo Pareja, Kevin Sears, Department’s, –, Tanya Monestier, “, Rob Crawford, Crawford, ” Leslie Heindel, hasn’t, ” Heindel, Heindel Organizations: CNN, US Department of Justice, Realtors, eXp Realty, National Association of Realtors, NAR, Justice Department, DOJ, University, Buffalo School of Law, Loch Realty Locations: Missouri, Florida, Loch, New Orleans

☆ China’s EV price war is so brutal that BYD is trying to pinch its suppliers
▼ + stars: | 2024-11-28 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

“In 2025, while there will be great opportunities in the EV market, market competition will also become more intense, entering a decisive battle and knockout rounds,” he wrote. “Annual price negotiations with suppliers are a common practice in the car industry,” he wrote. It is not mandatory, and everyone can negotiate.”For 15 years, China’s car market has been the world’s biggest. “This means the price war … is really stressing the system,” he said. BYD is China’s top carmaker, commanding 16.2% of the overall vehicle market in the first 10 months of the year, according to the China Passenger Car Association.

Persons: Hong Kong CNN —, Zhiqi, ”, “, Li Yunfei, Tesla, It’s, Bill Russo, “ BYD, Tu, Le Organizations: Hong Kong CNN, “, CNN, Weibo, ”, SAIC Motor, European Union, Trump, Tu Le, Ford, General Motors, China Passenger Car Association, EV Locations: China, Hong Kong, Shenzhen, BYD, Shanghai, Weibo, Chongqing

☆ Russia will likely send North Korean troops to the most dangerous spots to fight, says South Korea
▼ + stars: | 2024-11-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementNorth Korean troops sent to aid Russia will likely be deployed to the most dangerous fighting spots. That's according to South Korea's defense minister, who said they'd likely be used as "cannon fodder." North Korean forces have already taken casualties, per reports. North Korean troops fighting alongside Russian forces will likely be sent to some of the most dangerous spots in the war, Kim Yong-Hyun, South Korea's defense minister, said on Thursday. North Korea has sent thousands of troops to aid Russia in its war efforts, according to officials from South Korea, Ukraine, and the US.

Persons: they'd, Kim Yong, Kim, Joonkook Hwang, South, Andrii Kovalenko, Volodymyr Zelenskyy, Dmytro Ponomarenko, Kim Song Organizations: Russian, North, Yonhap News Agency, UN, Financial, Shadow, Street Journal, Western, Storm, Ukraine's Center, Bloomberg, UN Security Locations: Russia, South, Korea, South Korea, Ukraine, Korean, Kursk, North Korea

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