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Fresh from a devastating loss to Donald Trump, Vice President Kamala Harris may now head to Capitol Hill to defy him in what could be her last major act in office. As the president of the Senate, Harris wields the constitutional power to provide a tie-breaking vote. “We are going to use the lame duck to confirm judges. GOP senators can slow the process down, but Democrats need a simple majority to overcome any obstruction and confirm judges. The senior administration official declined to discuss whether Biden has talked to Harris or Schumer about lame-duck confirmations.
Persons: Donald Trump, Kamala Harris, Joe Biden, Trump, Harris, , Chuck Schumer, Biden, , , Sen, Elizabeth Warren, Warren, Schumer, ” Schumer, irking Trump, ” Trump, ” Sen, Mazie Hirono, they’re, That’s, “ I’m, “ Hope she’s Organizations: Capitol, House, Senate, D.C, Biden, NBC News, Radical, Republican Senators, Trump, Republicans, Democrats, Appeals, White, Democratic, Dems Locations: Hawaii, California
Trump launched an extraordinary spat with Labour on Wednesday, claiming through a lawyer they had been interfering in the election. But this week’s spat throws renewed scrutiny on the complicated and delicate “Special Relationship” between Britain and America. ‘We’re in a different world’The Trump campaign’s broadside against the Labour Party stunned Westminster this week. But unlike President Joe Biden, Harris’ political career has not been built around foreign policy. It would come down to (Starmer) and to the Labour Party, whether they want it or not.”
Persons: London CNN —, Kamala Harris, Labour’s Keir Starmer, Harris, ” Claire Ainsley, ” Ainsley, Donald Trump, Trump, ” Ed Owen, , Nigel Farage, Liz Truss, Amanda Andrade, Rhoades, Reuters “, , Truss, Trump –, “ Harris, Keir, Josh Simons, Josh Freed, Starmer, , Mike Tapp, ” Simons, Joe Biden, “ She’s, Biden, ” Starmer, Ainsley, ” Ricky Vigil, Owen, ” Tapp, admiringly, Queen Elizabeth II, Freed, Germany’s Olaf Scholz, Australia’s Anthony Albanese, France’s Emmanuel Macron, ” Freed Organizations: London CNN, CNN, Labour, Progressive, Institute, Democratic, Democratic National Convention, NATO, Home Office, Foreign, Trump, Labour Party, Westminster, Conservative Political, Reuters, Republican National Convention, Climate, Democrat, “ Labour, Conservatives, Conservative, Kyiv Locations: Britain, London, Ukraine, America, Maryland, British, Washington, DC, Westminster Westminster, Israel, populists, Russia, United Kingdom
Tae made a high-profile defection to South Korea in 2016, and was previously an ambassador at the North Korean Embassy in London. The appointment makes him the first North Korean defector to be given a vice-ministerial job in South Korea, according to AP. Related stories"He's definitely considered a traitor of the current North Korean regime and I think that's how they'll paint it," she said. But "North Korea doesn't consider the Council to be particularly relevant," Pardo, the KF-VUB Korea Chair, told BI. Smith added: "He has been and will continue to be actively involved in campaigns that expose the North Korean government and the problems of the North Korean population."
Persons: , Yoon Suk, Yongho, Tae, Ramon Pacheco Pardo, Sarah A ., Kim Jong, He's, Pardo, Hazel Smith, Smith, It's Organizations: Service, Korea, Advisory Council, North Korean Embassy, Business, North, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, National Assembly, CNN, Korean Studies, University of Sheffield, South Korea's National Assembly, Korea doesn't, SOAS University of London, South Korean, Korean Locations: North Korean, South Korea, London, VUB Korea, Vrije, North, Korea, North Korea
Though Justice Clarence Thomas’ decision in a major trademark case last week was unanimous, it prompted a sharp debate led by Justice Amy Coney Barrett over the use of history to decide the case. “There definitely is the potential formation here of an alternative or several alternative approaches to history that ultimately draw a majority,” Wolf said. “What we could be seeing is a more nuanced approach to using that history,” said Elizabeth Wydra, president of the progressive Constitutional Accountability Center. But in a striking concurrence that captured support from both liberal and conservative justices, Justice Elena Kagan asserted that the court’s historic analysis need not end with the late-18th century. Barrett’s concurrence said the dispute could have been dealt with based on the court’s past precedent with trademark law and stressed that just leaning on the nation’s trademark history wasn’t good enough.
Persons: Clarence Thomas ’, Amy Coney Barrett, Barrett, Thomas, , , Tom Wolf, Brennan, ” Wolf, Trump, Thomas ’, Antonin Scalia, Elizabeth Wydra, ” Wydra, Ilya Somin, there’s, Bruen, Sonia Sotomayor, … Bruen, , Elena Kagan, Kagan, Brett Kavanaugh, Sotomayor –, Wolf, Roe, Wade, Vidal, . Elster, Sotomayor, ” Thomas, Kavanaugh, John Roberts, Samuel Alito, Neil Gorsuch, Ketanji Brown Jackson, Barrett’s Organizations: Washington CNN, Brennan Center for Justice, New York, Trump, George Mason University, , Inc, CNN, Consumer Financial Protection Bureau Locations: New, Bruen, United States
The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices at the pump ahead of the Fourth of July holiday and summer driving season. Rising energy prices stirred speculation in April that the Biden administration might tap the Strategic Petroleum Reserve in Texas and Louisiana ahead of the November presidential election. Though gasoline prices have come down over the past month, broader inflation has remained stubborn, irking consumers. The barrels will be sold from storage sites in New Jersey and Maine that are part of the Northeast Gasoline Supply Reserve, which was established after Superstorm Sandy knocked out refineries in 2012. The Biden administration released 180 million barrels from the SPR in 2022 as energy prices spiked in the wake of Russia's invasion of Ukraine.
Persons: Joe Biden, Biden, Jennifer Granholm, Lael Brainard, Superstorm Sandy Organizations: Eisenhower, Strategic Petroleum Reserve, White, National Economic, AAA, Retailers, Department of Energy, DOE, Northeast Gasoline Supply, Superstorm Locations: Washington ,, Israel, Texas, Louisiana, Iran, New Jersey, Maine, Ukraine
In 1987, Faris, a pilot in the Syrian Air Force, spent eight days in space with the Soviet Union’s Interkosmos spaceflight program. Faris flew with a Soviet crew to Mir space station becoming the first and only Syrian astronaut and second Arab to make it to space. Upon his return to Syria, Faris was celebrated as a national hero by tens of thousands of Syrians. Faris decided in 2012 to defect and publicly oppose the Syrian regime, putting his family and himself in life-threatening danger. In 2020, Faris was granted Turkish citizenship, as reported by the Turkish state broadcaster TRT.
Persons: CNN — Mohammad Faris, Armstrong, Faris, Hafez al, Assad, Bashar, , Jazeera, Assad, Faris –, Hafez al - Assad, Prince Sultan bin Salman, Allah, “ let’s, ” Faris, Bashar al, Al Jazeera, Moscow propping Organizations: CNN, Syrian Air Force, Saudi, Free Syrian Army, Turkish, TRT, Star City, AP Locations: Turkish, Gaziantep, Soviet, Syria, , Aleppo, Turkey, Istanbul, Russia, Moscow, Soviet Union
The NYT Connections game has players in an uproar. For those unfamiliar with the game, players are tasked with finding the connections between four groups of words. And the new-look emoji game has left some users confused and even a little angry when they went to play Connections. "nyt connections editor I am in your walls," one post read. And one person on X pointed out, "No one is forcing you to do the NYT connections, by the way."
Persons: , sarah 💛🤎 Organizations: Service, New York Times
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The move was an about-face for the president, whose administration had spent years calling it a national security risk. AdvertisementIt’s been deep in a public spat over music licensing with one of its most important partners, Universal Music Group. Some users have said it’s ruining the app by promoting shopping over the funny skits and dancing videos that first made TikTok popular. For leaders at ByteDance, who often have the final say over product decisions at TikTok, copying ideas from Douyin to TikTok is part of their playbook.
Persons: , TikTok, Joe Biden, Biden, Brandon, TikTok isn’t, it's, Taylor Swift, Olivia Rodrigo, UMG, ” TikTok, it’s, TikTok's, ByteDance, It’s, Meghana, Pissing, ” Michael Huppe, Katie Notopoulos, ” Dhar Organizations: Service, White, Business, Universal Music Group, Music, Black, Facebook, Google, Big Tech, , YouTube, Shopping Network Locations: TikTok, Washington, Meghana Dhar, China, ByteDance
Some Facebook users have reported hearing a chirping sound as they're scrolling in the app. Meta comms chief Andy Stone says it's "an unfortunate technical error" that the company is fixing. AdvertisementSome Facebook users have reported hearing a chirping sound as they're scrolling through the mobile app, and now the company has weighed in. "Hearing a chirping noise while scrolling through your Facebook Feed on your iPhone? And it's an unfortunate technical error that we're in the process of fixing," Meta's director of communications, Andy Stone, said in a tweet on Tuesday.
Persons: Andy Stone, Organizations: Facebook, Service, Business
Vote counting begins in closely watched Taiwan election
  + stars: | 2024-01-10 | by ( Clement Tan | ) www.cnbc.com   time to read: +9 min
With China intensifying its rhetoric on its claim over Taiwan, global observers are billing this Taiwan election as highly pivotal for security in the Asia-Pacific at a time of testy U.S.-China relations. If Lai and Hsiao win the Jan. 13 vote for the Taiwan presidential office, it would mark the first time any political party has stayed in office for more than two consecutive terms since Taiwan introduced direct presidential elections in 1996. Campaign posters for various legislative member candidates in Taipei, Taiwan, on Wednesday, Dec. 27, 2023. China's Taiwan affairs office has characterized the self-ruled island's election as a choice between "peace and war, prosperity and decline." "China has always meddled whenever there is an election in Taiwan, but this time, it's the most serious."
Persons: Hou Yu, Hei Leung, Ko Wen, policymaking, Tsai Ing, Ko, Cynthia Wu, Jing Bo, jiun, Sam Yeh, Jing, Tsai, Lai Ching, Hsiao, United States —, Lai, Timothy S, Rich, Jaw Shaw, kong, Hou, Kevin Luo, Xi Jinping, Joe Biden, Xi, Biden, Nancy Pelosi, Rong Xu, Democratic Progressive Party Lai Ching, Yasuyoshi Chiba, DPP's Lai, Weeks Organizations: ih, Anadolu, Getty, Democratic Progressive Party, Kuomintang, Taiwan People's Party, China, Local, KMT, Taiwan Studies, University of Oxford, AFP, Taiwan, Rich Western Kentucky University, Taiwan's National Police Agency, New, DPP, University of Minnesota, Western Kentucky University, U.S, China -, APEC, CNBC, Former U.S, Bloomberg, Taiwan's DPP, Beijing, Cross Straits Service Locations: Taichung, Taiwan, Taipei, Asia, Pacific, U.S, China, Hsinchu, United States, Overconfidence, New Taipei City, China - U.S, Beijing, Taiwan Strait, Kaohsiung
A huge billboard advertising Riyadh, Saudi Arabia as candidate of the World Expo 2030 is seen in Paris as the host country of The World Expo 2030 will be elected by BIE Member States that will gather in the 173rd General Assembly in Paris, France, November 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsPARIS, Nov 28 (Reuters) - Saudi Arabia's Riyadh won the right to host the Expo 2030 world fair, vote results showed on Tuesday, in another diplomatic victory for a Gulf country after the Qatar soccer World Cup last year. South Korea's Busan and Italy's Rome were also in the running to host the world fair, a five-yearly event that attracts millions of visitors and billions of dollars in investment. The Saudi capital has proposed to host the event between October 2030 and March 2031. Saudi had in particular won French support, irking Rome.
Persons: Gonzalo Fuentes, Cristiano Ronaldo, Crown Prince Mohammed bin, Prince Faisal bin Farhan Al Saud, Prince Mohammed, Jamal Khashoggi, Emmanuel Macron, Elizabeth Pineau, Michel Rose, Christina Fincher, Richard Chang Organizations: BIE Member, 173rd, Assembly, REUTERS, Rights, Saudi Arabia's, Qatar, Korea's, Riyadh, Busan, Rome, Saudi, Al, Crown, Saudi Foreign, irking, Thomson Locations: Riyadh, Saudi Arabia, Paris, BIE, BIE Member States, France, Saudi, Saudi Arabia's Riyadh, Korea's Busan, Italy's Rome, irking Rome, Lebanon
Candidates from the more established Kuomintang and the smaller Taiwan People's Party could not agree on the leader for a combined ticket. Taiwan's president and vice president are directly elected, serve one term of four years and may be re-elected for one additional term. Taiwan's elections kick off a year that is littered with numerous elections globally at a time of heightened geopolitical tensions as two major wars rage on. The outcome of Taiwan's elections will likely go some way in influencing testy U.S.-China ties and impact security in Asia-Pacific more broadly. These are the three parties contesting Taiwan's Jan. 13 polls to elect a new president.
Persons: Foxconn, Joe Biden's, bookends, Xi Jinping, Biden, Nancy Pelosi, Taiwan's Jan Organizations: Democratic Progressive Party, Apple, Taiwan People's Party, U.S, China's Ministry of Foreign Affairs, APEC, Taiwan, ., Taiwan's Locations: China, Kuomintang, Taiwan, Taiwan Strait, Beijing, Asia, Pacific, San Francisco
Making the witness stand at his New York civil trial his podium, the former president laid into the presiding judge and the state attorney general who sued him. “He ruled against me without knowing anything about me,” Trump testified. Trump testified that he typically kept $300 million to $400 million in the bank, saying: “I’ve had a lot of cash for a long time." “They were not really documents that the banks paid much attention to,” Trump testified. “It was a sad, very sad thing," Trump testified.
Persons: — Donald Trump, Letitia James ’, ” —, Arthur Engoron, ” Trump, , Engoron, “ I’m, ” Engoron, Trump, should've, “ I’ve, Allen Weisselberg, You’ve, Weisselberg, he’d, General James, sneered, James “, Kevin Wallace, James ’, ” James, James, Organizations: Republican, Trump, Trump Organization, , New York Locations: York, China, Russia, United States, Manhattan
Re-enter risk premia on what should be 'risk free' bonds. The renewed corporate profits upswing riffs off this relatively robust nominal growth picture too - as do still benign corporate debt premia. However, keeping a lid on 5% nominal GDP may well be what's irking bonds as much as anything. While turning 10-year averages takes some time, nominal GDP growth according to a real time model from the Atlanta Fed is closer to 8% right now. CBO deficit projections to 2030US nominal GDP growth running at 8%?
Persons: York Fed's, Ajay Rajadhyaksha, today's, Treasuries, Fitch, Andrew Heavens Organizations: Treasury, Federal, Fed, The, Barclays, Societe Generale's, Atlanta Fed, Moody's, U.S . AAA, Reuters, Thomson Locations: U.S, Washington, York, 35bp, 150bp, Treasuries, China, Europe
Turkish President Recep Tayyip Erdogan welcomes Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud in Ankara, Turkey, on June 22, 2022. "We thank the Crown Prince and Government of Saudi Arabia for facilitating [the prisoner exchange]," Sullivan wrote in a separate post. "Saudi Arabia and Turkey are good examples of such mid-level powers now helping shape international realities in a way they rarely did during the Cold War." And Turkey, like Saudi Arabia, refuses to partake in sanctions against Russia, irking its Western allies. Saudi Arabian Crown Prince Mohammed bin Salman (R) meets Ukrainian President Volodymyr Zelenskyy (L) in Jeddah, Saudi Arabia on May 19, 2023.
Persons: Recep Tayyip Erdogan, Saudi Arabia's Crown Prince Mohammed bin Salman Al Saud, Mustafa Kaya, Russian –, Vladimir Putin, , Recep Tayyip Erdogan of, Crown Prince Mohammed bin Salman, Volodymyr Zelenskyy, Jake Sullivan, Putin, Sullivan, Hussein Ibish, Russia's Putin, Vilius Semeska, Selcuk Bayraktar, Haluk Bayraktar, Ibish, Saudi Arabia's Crown Prince Mohammed bin Salman, Saudi Arabian Crown Prince Mohammed bin Salman, Erdogan, Mohammed bin Salman, Ryan Bohl, Rane, Ayham Kamel Organizations: Saudi Arabia's Crown, Getty, Crown, Russia, Handout, Anadolu Agency, Twitter, Ukraine –, Prince, Saudi, Gulf States Institute, CNBC, NATO, Defence, Baykar, Saudi Arabian Crown, Saudi Foreign Ministry, Getty Images, Ukrainian, Arab, Russo, East, Global, Eurasia Group Locations: Ankara, Turkey, Xinhua, Russian, Russia, Recep Tayyip Erdogan of Turkey, Saudi Arabia, Kyiv, Ukraine, Ukrainian, Saudi, Jeddah, U.S, China, India, Brazil, Washington, Turkey's, Lithuanian, Istanbul, Turkish, , Washington, North Africa, Riyadh, Middle East
Elon Musk's new "X" sign appeared atop its San Francisco headquarters Friday. The large sign Elon Musk had installed atop X's San Francisco headquarters has already been removed after irking neighbors and raising concerns with city officials. It's the latest update in the ongoing saga surrounding X's San Francisco headquarters. Justin Sullivan/Getty ImagesSeparately, city officials also voiced concerns over the new sign and Musk's attempts to remove the original Twitter sign. City officials also stepped in when the new X sign was installed, according to the Associated Press.
Persons: Elon, Musk, Elon Musk, NBC's Scott Budman, Christopher J, Beale, KTVU, Justin Sullivan Organizations: Elon, Twitter, KQED, San Francisco Police Department, Authorities, Associated Press Locations: San Francisco, X's
Electric trucks, long touted as a key to broader EV adoption, are a wildcard in the electric vehicle price war. Automakers are investing billions of dollars to electrify their product lineups not just for the average car buyer, but also for these fleet customers. "You're watching your numbers, you're watching your budget, you're watching the profit you're making." Still, automakers can't afford to jerk these buyers around with EV price changes. Smaller fleet customers are also very important for dealers, and electric trucks are a big gamble to sell to these customers, dealers who spoke with Insider said.
Persons: they're, Robby DeGraff, Tyson Jominy, Ford, Jominy Organizations: Morning, Car, EV, Amazon, FedEx, Walmart, Silverado Locations: .
A number of hopefuls, including Trump's closest rival, Florida Governor Ron DeSantis, are deliberating if and when to jump into the 2024 race to challenge the former president for the nomination. Trump, whom the NRA enthusiastically backed in 2016 before he was even officially declared the Republican presidential candidate, will address gun aficionados in person on Friday. DeSantis, and other White House hopefuls, Nikki Haley and Senator Tim Scott, will do so by video message. Trump's campaign website says he will "always defend your Second Amendment right to keep and bear arms," but does not provide detailed policy proposals. For some fervent NRA members, however, neither Trump nor DeSantis are committed enough to the cause.
[1/2] General view of the Colosseum next to a subway's construction sites in Rome, Italy, February 16, 2023. Almost six months after taking office, Prime Minister Giorgia Meloni's right-wing government is pushing out bills that promise to promote national identity, defend the traditional family, protect cultural heritage and hold back migrants. Recent proposals include a bill to safeguard the Italian language and a ban on lab-grown food. "Italian mines are made up of culture, gastronomy, language, arts, fashion, history, archaeology and monuments. "Identity messages are meant to tell the electorate that Brothers of Italy will not give up its line," analyst Panarari said.
BACKGROUNDRussia's invasion of Ukraine in February last year convinced Sweden and Finland to ditch long-held policies of military non-alignment. WHY DOES TURKEY OBJECT TO SWEDISH NATO MEMBERSHIP? Unlike Turkey, Hungary does not have a list of demands, but says grievances need to be addressed before it can ratify Sweden's accession to NATO. WHEN WILL TURKEY AGREE TO SWEDISH NATO MEMBERSHIP? NATO Secretary-General Jens Stoltenberg has said it would be inconceivable that the alliance would not support Sweden if it were threatened.
Morning Bid: War and PCE
  + stars: | 2023-02-24 | by ( ) www.reuters.com   time to read: +4 min
A look at the day ahead in U.S. and global markets from Mike DolanWith world headlines focussed on first anniversary of Russia's invasion of Ukraine, the inflationary consequences that pounded world markets last year still smoulder. Curiously, the initial energy shock from the Ukraine war is already less of a problem than the change in pricing behaviour that it seeded - especially in services still distorted by the pandemic, in corporate margin building and rising wage settlements. But it's the pickup and stickiness in underlying "core" prices, excluding energy and food, that is irking the central banks and the Federal Reserve most of all. Alongside another tight U.S. weekly jobs report, markets got another glimpse of those price pressures on Thursday. And increasingly buoyed by the still intense geopolitical fallout from a year of the war in Ukraine, the dollar pushed higher yet again.
Kazuo Ueda isn’t a Bank of Japan lifer, but people who know him say he is the next closest thing to one. TOKYO— Kazuo Ueda , who was picked Tuesday to lead Japan’s central bank, is a pragmatist steeped in the institution’s culture who is likely to seek balance among competing camps, say people who know him. In his writings, Mr. Ueda, 71, tends to discuss scenarios and risks without advocating any position, sometimes irking those who want more aggressive action.
REUTERS/Henry Nicholls/PoolLONDON, Feb 11 (Reuters) - Hitmakers gather in London on Saturday for Britain's pop music honours, the BRIT awards, where an all-male contender list for the artist of the year prize has cast a shadow over the event's introduction of gender-neutral categories. But it added that organisers "acknowledge and share in the disappointment" of no women making the list. "A key factor is that, unfortunately, there were relatively few commercially successful releases by women in 2022 compared to those by men." We recognise this points to wider issues around the representation of women in music that must also be addressed." Last year, women won prizes in 10 of the awards' 15 categories.
Hasbro stock has 29% downside potential as it continues to dilute the brand value of Magic: The Gathering. That's according to Bank of America, who reiterated its "Underperform" rating on the stock in a Tuesday note. "Within its Wizards segment, Hasbro continues to destroy customer goodwill by trying to over-monetize its brands." According to BofA, Hasbro continues to over-monetize the brands within its Wizards segment, which includes Magic: The Gathering and Dungeons & Dragons. "Within its Wizards segment, Hasbro continues to destroy customer goodwill by trying to over-monetize its brands," Bank of America said.
We're going to do that safely and we're going to be resolute about that," Sweeney told Reuters on Friday. China claims historic jurisdiction over almost the entire South China Sea, which includes the exclusive economic zones of Vietnam, Malaysia, Brunei and the Philippines. The Nimitz Carrier Strike Group 11 includes the guided-missile cruiser Bunker Hill and the guided-missile destroyers Decatur, Wayne E. Meyer and Chung-Hoon. Sweeney said it was crucial for international rules to be followed and said the U.S. presence in the South China Sea demonstrated its commitment to its regional allies. "We're going to sail, fly and operate wherever international waters allow us to, so we're not going anywhere."
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