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☆ The Olympics brought rare unity to France. Now back to the political games.
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +7 min

PARIS — It’s 1:00 a.m. on the banks of the Canal de Saint-Denis and the 2024 Paris Olympics closing ceremony finished an hour ago. But the political and social turmoil France faced before a ghostly metal horse galloped down the Seine has not gone away. French President Emmanuel Macron at the Paris Olympic Games. The French president could easily have been giving his view on France’s immediate political future when discussing the rain-drenched opening ceremony with NBC News. Optimism aside, analysts believe the country faces years of deadlock that could end with a far-right president in 2027.

Persons: Denis, Sara Zinger, Mary Mathurin, France's Leon Marchand, Dar Yasin, Emmanuel Macron, Pascal Le Segretain, Macron, Macron’s, Rainbow Murray, they’ve, Murray, Le Pen, Lady Gaga —, Le, Maxime Jourdan, Marine Le Pen, Charles Platiau, who’s, it’s, Rene Nijhuis, Paris Mayor Anne, Marie Hidalgo, France’s Le, Alain Jocard, Hector Gore Organizations: PARIS, Stade de France, Marine, Paris Olympic, NBC, Queen Mary University of London, Rally, Olympics, Olympic, BSR Agency, Getty, Eiffel, Concorde, triathletes, Paris Mayor, France’s Le Figaro, Metro, Paris Games, French, Square, Games Locations: Saint, Parisian, hipsters, France, Paris, Europe, Seine, Montmartre, AFP

☆ Inside the Supreme Court’s compromise on Idaho’s abortion ban
▼ + stars: | 2024-07-29 | by ( Joan Biskupic | ) edition.cnn.com time to read: +13 min

Instead, a series of negotiations led to an eventual compromise decision limiting the Idaho law and temporarily forestalling further limits on abortion access from the high court. This exclusive series on the Supreme Court is based on CNN sources inside and outside the court with knowledge of the deliberations. The Idaho law had exemptions only to prevent death of the pregnant woman and in instances of rape or incest. It issued formal guidance saying the Emergency Medical Treatment and Labor Act (EMTALA), which requires stabilizing treatment regardless of a patient’s ability to pay, would preempt any state abortion ban in situations when an emergency termination was needed. Idaho lost in an initial proceeding in a US district court, as a judge issued a temporary injunction against the abortion ban.

Persons: Roe, Wade, Biden, John Roberts, SCOTUS, Elizabeth Prelogar, Idaho’s, Amy Coney Barrett, ”, Roberts, Brett Kavanaugh, Barrett, “ improvidently, ” Barrett, Kavanaugh, ’, Elena Kagan, ‘, – Samuel Alito, Clarence Thomas, Neil Gorsuch, Alito, Thomas, Sonia Sotomayor, Kagan, Jackson, Sotomayor, Ketanji Brown Jackson, “, ” Alito, ” Jackson Organizations: CNN, Supreme, Republican, Democratic, Labor, Justice Department, Idaho, United, Jackson, Health Locations: Idaho, EMTALA . Idaho, SCOTUS Idaho, Sacramento, Dobbs v, Moyle v, United States

☆ The economy's gone from strength to strength after the pandemic — but no one quite knows why, or what comes next
▼ + stars: | 2024-02-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +8 min

America has gone from a pandemic crash and recession fears to stocks at record highs and an economic boom. Lockdowns, wars, shortages, inflation, interest rates, day trading, and AI have all played a role. Noam Galai/SOPA/Getty ImagesMany Americans also socked away money during the pandemic, as they saved on expenses like travel and live entertainment. Stimulus-fueled demand, combined with pandemic and war-related supply disruptions, caused inflation to spike to a 40-year high of 9.1% in June that year. The Fed swiftly raised interest rates to rein in the price growth, lifting them from virtually zero to upward of 5% in under 18 months, and hasn't touched them since.

Persons: —, We've, Noam Galai, hasn't, It's, dory Organizations: Service, Federal Reserve, GameStop, AMC Entertainment, AMC, Bank Locations: America, China, Ukraine

[1/3] A view of a sign supporting Democratic candidate for Virginia State Senate District 27 Joel Griffin on a lawn in Stafford, Virginia, U.S. October 3, 2023. Democrats argue even a 15-week limit is unacceptable and warn that Republicans might seek to restrict abortion further in the future. Every seat in the state Senate and House is on the ballot in November, and control in each chamber is likely to come down to a handful of competitive districts. Like other Democrats in the state, Griffin has made protecting abortion rights a pillar of his campaign. Reporting by Gabriella Borter in Stafford, Virginia and Joseph Ax in New York Editing by Colleen Jenkins and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Joel Griffin, GABRIELLA BORTER, Britainy Riggins, Riggins, Griffin, forestalling, Glenn Youngkin's, Donald Trump, Todd Gilbert, Susan Swecker, Monica Gary, Tara Durant, AdImpact, Griffin's, Durant, Zack Roday, Mary Jane Mitchell, Roe, Gabriella Borter, Joseph Ax, Colleen Jenkins, Aurora Ellis Organizations: Democratic, Virginia State, District, REUTERS, U.S, Virginia Republicans, Republican, Gallup, Democratic Party, States, Virginia Public, Republicans, Marine Corps, Twitter, Reuters, Youngkin's PAC, Democrat, Air Force, Wade, Thomson Locations: Stafford , Virginia, U.S, STAFFORD , Virginia, Republican, Virginia, U.S ., Stafford, New York

☆ Virginia election centers on abortion issue
▼ + stars: | 2023-10-16 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsVirginia election centers on abortion issuePostedA year after abortion was widely credited with forestalling a Republican "red wave" in the 2022 U.S. midterm elections, an election in Virginia offers a preview of whether the issue will remain as potent in 2024, when the presidency as well as Congress will be at stake. This report produced by Freddie Joyner.

Persons: forestalling, Freddie Joyner Locations: Virginia, Republican

CNN —A US Marine rapid response force is headed to the waters off the coast of Israel and the Pentagon is preparing American troops for a potential deployment to the country, escalating the US’ show of force in the region as it works to prevent the conflict between Israel and Hamas from widening any further. A defense official familiar with the planning said the rapid response force, consisting of 2,000 Marines and sailors, is being sent. That could be particularly valuable if Israel launches a ground invasion of Gaza, which could be complicated and bloody, experts have warned. Officials would not specify where exactly the Marine unit will now go, other than to say it is headed toward Israel. The Wall Street Journal was first to report about the potential deployment of troops to Israel.

Persons: Defense Lloyd Austin, Biden, Capt, Angelica White, Sabrina Singh, “, ” Organizations: CNN, Pentagon, Hezbollah, Defense, Israel, USS Ford, Air Force, Troops, 26th Marine Expeditionary Unit, Marine Corps Locations: Israel, Iran, Lebanese, Gaza, Middle East, Kuwait, “, Red, Bataan, Gulf of Oman, of Oman, Hormuz

☆ Ukraine aid left out of the shutdown funding package as MAGA wing moves GOP toward a more isolationist stance
▼ + stars: | 2023-10-01 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

A new US bill to prevent a government shutdown omits further aid for Ukraine. Ukraine's President Zelenskyy told US politicans, "If we don't get aid, we will lose the war." AdvertisementAdvertisementUS Congress passed a bill to fund government services temporarily but suspended aid to Ukraine, The Associated Press reported. The funding was later approved, but Ukraine aid opponents are growing in numbers. Yesterday, Joe Biden urged Congress to continue aid provisions to Ukraine, Sky News reports.

Persons: Zelenskyy, —, forestalling, Mitch McConnell, Marienko Andrew, Volodymyr Zelenskyy, Joe Biden, Chuck Schumer, J.D, Vance, Donald Trump, Vladimir Putin, JORGE SILVA, Marjorie Taylor Greene, MAGA, baselessly, Trump, Vladimir Putin's, Biden Organizations: Ukraine, US, Service, Associated Press, Republican Party, Trump MAGA, White House, Eastern, Bloomberg, Republicans, Trump, Economic Cooperation, Getty, Times, Georgia Rep, Republican, Sky News, Sky Locations: Ukraine, China, Kharkiv, America, Asia, Danang, Russia

☆ Analysis: Trump's fourth indictment moves America closer to an election precipice
▼ + stars: | 2023-08-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

“Call it election interference or election manipulation—it is a dangerous effort by the ruling class to suppress the choice of the people. Video Ad Feedback 'Much bigger than Watergate': John Dean weighs in on Georgia indictment 00:38 - Source: CNNA damning tale of alleged wrongdoingIndictments represent the best presentation of the evidence by the prosecution. But unelected citizens also played a role – like Georgia election workers Ruby Freeman and Wandrea “Shaye” Moss, who have said the extreme pressure Trump inflicted on them ruined their lives. So a fourth Trump indictment is unlikely to be any more ruinous to his political career than the previous three – at least, in the Republican primary, where rivals like Florida Gov. Ron DeSantis have so far failed to take advantage of Trump’s political liabilities without alienating vast numbers of his supporters.

Persons: Donald Trump’s, Trump, Joe Biden’s, quagmire, Mike Pence, “ Trump, –, Jack Smith, Rudy Giuliani, Fani Willis, ’, Richard Nixon, Bill Clinton, Biden, John Dean, Brad Raffensperger, Ruby Freeman, Wandrea, ” Moss, he’s, Hillary Clinton, Hunter Biden, they’ve, Trump’s, Ron DeSantis, Elise Stefanik, President Trump, ”, Marc Short, Pence, ” Short, CNN’s Jake Tapper Organizations: CNN, Republican, Trump, Capitol, Fulton, Democrat, White, Georgia, Biden’s, Republicans, Democratic, Electoral College, Florida Gov, House Republican, Attorney, New, “, White House Locations: Georgia, Manhattan, Fulton County, American, America, Ukraine, Arizona, Russia, New York

☆ US and Western officials fear Putin unlikely to change course in Ukraine before 2024 election
▼ + stars: | 2023-08-04 | by ( Kylie Atwood Natasha Bertrand Jennifer Hansler Kevin Liptak | Kylie Atwood | Natasha Bertrand | ) edition.cnn.com time to read: +7 min

One US official said they have “no doubt” that Putin is “trying to hold out” until the 2024 election. Another source familiar with the intelligence said “it’s sort of the elephant in the room” for the US, Ukraine and Europe. Trump, the far-and-away front-runner for the GOP nomination at this point, has not committed to backing Ukraine in the war. Ron DeSantis walked back previous statements calling the war in Ukraine a “territorial dispute” he has maintained a broadly anti-interventionist policy. “Putting a shape on the US election will have an enormous effect” in how the war proceeds, the official said.

Persons: Vladimir Putin, Joe Biden, Donald Trump, ”, Putin, “ Putin, Trump, Biden, Ron DeSantis, Kevin McCarthy, Daniel Fried, Gian Marco Benedetto, Bill Taylor, Patrick Ryder, Matt Miller Organizations: Washington CNN —, CNN, Western, ”, Trump, Republican, Ukraine, GOP, Florida Gov, Congressional Republicans, Anadolu Agency, “, New York Times, Pentagon Locations: Ukraine, Europe, European, Poland, Japan, Saudi Arabia Saudi Arabia, Russia, India

☆ Asia's factory activity shrinks as China's slump, global slowdown weigh
▼ + stars: | 2023-08-01 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

Japan, South Korea, Taiwan and Vietnam saw manufacturing activity contract in July, the surveys showed, highlighting the strain sluggish Chinese demand is inflicting on the region. China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) fell to 49.2 in July from 50.5 in June, missing analysts' forecasts of 50.3 and marking the first decline in activity since April. "Falling new orders, bleak employment prospects and high inventory levels point to subdued factory activity in the coming months." Japan's final au Jibun Bank PMI fell to 49.6 in July, down from 49.8 in June, due to weak domestic and overseas demand. In India, growth in manufacturing activity slowed for a second month, but the pace of expansion remained healthy and beat expectations.

Persons: forestalling, PMIs, Shivaan Tandon, Leika Kihara, Sonali Paul Organizations: PMI, TOKYO, P Global, Emerging, Capital Economics, Jibun, International Monetary Fund, Thomson Locations: Japan, South Korea, Asia, Taiwan, Vietnam, Emerging Asia, India

☆ Trump's 'hush money' grand jury may have already voted. But the DA can slow-walk filing an indictment, experts say.
▼ + stars: | 2023-03-28 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

It's possible the Trump 'hush-money' grand jury has already voted to indict, ex-prosecutors say. NBC reported Tuesday that the grand jury is not meeting for the rest of this week. The grand jury last met on Monday afternoon, hearing testimony from former Trump ally and National Enquirer publisher David Pecker. And already, the office of District Attorney Alvin Bragg has had to deal with hoax bomb threats and an anthrax scare. The post was soon deleted and Trump attorney Joe Tacopina has said the image was posted by a staffer, not by Trump himself.

☆ Audi Mexico and union avert strike in deal for 9.4% pay rise
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +1 min

Companies Volkswagen AG FollowMEXICO CITY, Jan 11 (Reuters) - Carmaker Audi's Mexico unit and worker representatives have agreed to 9.4% salary raises for 2023, forestalling a strike in reaching a deal for one of the highest automaker wage hikes in Mexico in recent years. The Independent Union of Audi Mexico Workers (SITAUDI) and Audi previously negotiated two options to raise wages for the plant's 4,000 unionized employees in the central state of Puebla, but workers in December rejected both. The 9.4% increase tops a recent deal at Volkswagen in Mexico for 9% wage raises this year, which also followed worker rejections of earlier proposals. The revamped deal "gives certainty and stability to the workers and their families," SITAUDI said in a statement. Audi said Tuesday evening that it had managed to avert a strike slated for Wednesday, and that the company prioritized the financial stability of workers.

☆ Latest weekly jobless claims jump to 240,000
▼ + stars: | 2022-11-23 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

Minneapolis CNN Business —First-time weekly claims for unemployment benefits jumped to 240,000 for the week ended November 19, according to data released Wednesday by the Department of Labor. Alemán said he’s looking for signs of a broad-based increase in claims from other industries, in which workers aren’t typically covered by severance payments. Weekly jobless claims are volatile – especially around the holidays – and frequently revised, economists for Oxford Economics wrote in a note Wednesday. “Therefore, we don’t read too much into the larger-than-anticipated drop in claims,” they wrote. On average, weekly initial jobless claims have been below 215,000 this year.

☆ Pressing priority in Ukraine is to facilitate peace talks, China says
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +2 min

Chinese State Counsellor and Foreign Minister Wang Yi addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 24, 2022. REUTERS/Eduardo MunozUNITED NATIONS, Sept 24 (Reuters) - China supports all efforts conducive to the peaceful resolution of the "crisis" in Ukraine, its foreign minister Wang Yi told the United Nations General Assembly on Saturday, adding that the pressing priority was to facilitate peace talks. In a surprise acknowledgement, Russian President Vladimir Putin last week said China's leader Xi Jinping had concerns about Ukraine. Only when China is completely reunified, can there be enduring peace across the Taiwan Strait," he said. After the meeting, China accused the United States of sending "very wrong, dangerous signals" on Taiwan after Blinken told Wang that the maintenance of peace and stability of Taiwan was vitally important.

In response to stalling growth and intense competition, Meta Platforms Inc. executives have spoken of cost cuts, hiring freezes and “ruthless prioritization.” One word the company hasn’t used: layoffs. But Meta has begun quietly nudging out a significant number of staffers by reorganizing departments and giving affected employees a limited window to apply for other roles within the company, according to current and former managers familiar with the matter, in a move that achieves staffing cuts while forestalling the mass issuance of pink slips.

Meta Platforms is planning to cut expenses by at least 10% in the coming months, in part through staff reductions, as the social-media giant confronts stalling growth and increased competition, according to people familiar with the company’s plans. The Menlo Park, Calif., company has begun quietly nudging out a significant number of staffers by reorganizing departments and giving affected employees a limited window to apply for other roles within the company, according to current and former managers familiar with the matter, in a move that achieves staffing cuts while forestalling the mass issuance of pink slips.

☆ Meta aims to cut costs by at least 10% within next few months - WSJ
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +1 min

The reported figure represents a big jump from the earlier forecast of about 2% to 4% cost cuts that Meta announced in July. Meta on Wednesday reiterated its plans to steadily reduce headcount growth over the next year in an emailed response. The company's business has taken a hit in recent months as recession fears and competitive pressures hit digital ads sales. Reuters had reported in June that Meta had cut plans to hire engineers by at least 30% this year as it prepares for a deep economic downturn. Register now for FREE unlimited access to Reuters.com RegisterReporting by Savyata Mishra in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

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