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☆ Dollar General took back job offers from applicants with high blood pressure and poor eyesight, a federal agency lawsuit claimed
▼ + stars: | 2023-10-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Dollar General rescinded job offers to applicants with high blood pressure or poor eyesight, an EEOC lawsuit claims. AdvertisementAdvertisementDollar General violated disability-discrimination laws by rescinding job offers to some applicants with high blood pressure or poor eyesight, a federal agency said in a lawsuit. AdvertisementAdvertisementThe retailer rescinded job offers for some qualified individuals with disabilities, even when these wouldn't affect their ability to safely carry out the job, the EEOC's suit claimed. "Any alleged discriminatory or otherwise unlawful behavior imputed to Dollar General was neither intentional, knowing, reckless, nor malicious," the retailer said. Insider contacted Dollar General for comment, but did not immediately receive a response, outside regular US business hours.

Persons: —, EEOC, GINA, Madeline Hughes Haikala, Bradley Anderson Organizations: Service, Commission, Dollar, Court, Northern, Northern District of, Disabilities Locations: Bessemer , Alabama, Bessemer, Alabama, Northern District, Northern District of Alabama, Birmingham , Alabama

☆ Biden aims to boost investment in clean energy, biotech, semiconductors with tech hubs
▼ + stars: | 2023-10-23 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

The creation of the tech hubs was authorized through the CHIPS and Science Act, which Biden signed into law last year. Raimondo in May announced the launch of the tech hub program with the aim of dispersing $500 million in grants. Tech hubs are going to bring this work to where people live in communities all across America." The hubs are focused on fostering innovation across industries including clean energy, artificial intelligence, semiconductors, biotechnology, medicine, quantum computing and critical minerals. "These tech hubs will be transformational and they're a part of a long line of transformational investment we've made since I took office," Biden said.

Persons: Joe Biden, Eisenhower, WASHINGTON —, Biden, Gina Raimondo, Raimondo, May Organizations: WASHINGTON, Monday, White, Commerce, Tech Locations: Puerto Rico, America, San Francisco , New York, Boston, Austin, U.S, Oklahoma , Massachusetts, Colorado , Ohio, South Carolina, Washington , Alabama, Pennsylvania

"Airbus remains committed to providing the U.S. Air Force and our warfighters with the most modern and capable tanker on the market," an Airbus spokesperson said. The Air Force has sought to replace hundreds of Eisenhower-era KC-135 tankers in three lots. "Lockheed Martin has decided not to respond to the U.S. Air Force's KC-135 fleet recapitalization Request for Information," Lockheed spokesperson Stephanie Stinn said in a statement. A Lockheed-Airbus victory would have landed Airbus its first aircraft contract with the U.S. Air Force after attempting to penetrate the U.S. defense market for two decades. In 2011, Boeing won the first of the three-phase procurement to replace the Air Force's aging tanker fleet, securing a contract for 179 KC-46s.

Persons: Cheney Orr, Eisenhower, Lockheed Martin, Stephanie Stinn, Lockheed's, Valerie Insinna, Mike Stone, Chizu Organizations: Lockheed, Association of, United States Army, Global, REUTERS, Rights, Lockheed Martin Corp, U.S . Air, KC, Air Force, Airbus, U.S . Air Force, The Air Force, Boeing, U.S . Air Force's KC, Pegasus, Refueling, recapitalization, Air, Thomson Locations: Huntsville , Alabama, U.S, Alabama, Georgia, Washington

(AP) — The Biden administration is designating 31 technology hubs touching 32 states and Puerto Rico to help spur innovation and create jobs in the industries that are concentrated in these areas. President Joe Biden is set to announce the hubs on Monday at the White House with Commerce Secretary Gina Raimondo. The tech hubs are the result of a process Raimondo's department launched in May to distribute a total of $500 million in grants to cities. The White House has sought to elevate that message and highlight Biden's related policies as the Democratic president undertakes his 2024 reelection bid. “These Tech Hubs will catalyze investment in technologies critical to economic growth, national security, and job creation, and will help communities across the country become centers of innovation critical to American competitiveness,” the White House said Monday in an emailed statement.

Persons: —, Biden, Joe Biden, Gina Raimondo, “, Raimondo, ”, Seattle — Organizations: White, Seattle, Regional Technology, Innovation, Democratic, “, Tech Locations: REHOBOTH BEACH, Del, Puerto Rico, — Austin , Texas, Boston ; New York, San Francisco, Oklahoma, Rhode Island , Massachusetts, Montana , Colorado , Illinois , Indiana , Wisconsin, Virginia , New Hampshire , Missouri , Kansas , Maryland , Alabama, Pennsylvania, Delaware , New Jersey , Minnesota , Louisiana , Idaho , Wyoming, South Carolina , Georgia, Florida , New York , Nevada , Missouri , Oregon , Vermont , Ohio, Maine, Washington

☆ Wall Street and money moved into South Florida, driving up prices. Now some residents want to move out.
▼ + stars: | 2023-10-22 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +10 min

They're looking to nearby smaller cities in South Carolina, North Carolina, Georgia, and Tennessee. They're picking places like Knoxville, Tennessee; Greenville, South Carolina; Huntsville, Alabama; and Asheville, North Carolina; which she collectively refers to as "the Villes." AdvertisementAdvertisementWhy CEOs moved their lives — and their businesses — to FloridaWall Street moved to South Florida in droves in 2020 and 2021. Billionaire hedge-fund CEOs — like Citadel's Ken Griffin — paid record-shattering amounts for South Florida homes , added offices, and moved their businesses there entirely from New York, Chicago, and Silicon Valley. They bought a 2,400-square-foot, four-bedroom home on an acre of land for the same price in Greenville, South Carolina.

Persons: —, There's, Nicole Panesso, Holly Meyer Lucas, Meyer Lucas, Ken Griffin —, Brian Guzman, Guzman, Jonathan Miller, Ken Griffin, PATRICK T, FALLON, It's, Larry Ellison, Miller, Michael Bordenaro, Greg May, Marcia Straub, Keller Williams, Jill Cody, she's, Ryan Wilson, Jami, Alexander Spatari, Jami Wilson Organizations: Service, Sunshine State, Census Bureau, Orlando, Coral, Fort Myers, Florida Wall, Billionaire, Guzman Advisory Partners, Getty, West Palm Beach, Florida Atlantic University, Silicon, Oracle, South, South Florida metros, Fortune, Miami, Homes, Army Locations: Florida, Greenville, Knoxville, South Florida, Chattanooga , Tennessee, South Carolina, North Carolina , Georgia, Tennessee, Knoxville , Tennessee, Greenville , South Carolina, Huntsville , Alabama, Asheville , North Carolina, Realtor.com, Asheville, Miami, Gulf Coast, New York, Chicago, Silicon, West Palm, Fort Lauderdale, Palm Beach, Texas, North Carolina, Greensboro, Fort

House Republicans entered the weekend without their leading speaker candidate, Rep. Jim Jordan, R-Ohio, who dropped out of the race on Friday. "This is embarrassing for the Republican Party, embarrassing for the nation," former speaker Kevin McCarthy, R-Ca., said Sunday on NBC's "Meet the Press." Former Republican Rep. Liz Cheney did not voice support for any specific candidate, saying on CNN's "State of the Union" that the current state of House Republican dysfunction is not surprising. Former House Speaker Newt Gingrich, who served from 1995 to 1999, said the House Republicans are dragging their feet. Of the nine candidates in the speaker race so far, none are women.

Persons: Kevin McCarthy, Jim Jordan, House Pro Tempore Patrick McHenry, McCarthy, Jordan, Tom Emmer, Kevin Hern, Jack Bergman, Gary Palmer, Mike Johnson, Byron Donalds, Pete Sessions, Austin Scott, Dan Meuser, Dan Meuser , Pennsylvania McCarthy, Emmer, Michael Turner, Michael McCaul, Turner, Liz Cheney, Newt Gingrich, Gingrich, Elise Stefanik, Beth Van Duyne, McCaul, reconvene, Patrick McHenry Organizations: Rep, U.S . Rep, House Pro Tempore, U.S, Capitol, House Republicans, Republicans, Republican Party, Press, Republican, Kevin Hern , Oklahoma Rep, Michigan Rep, Louisiana Rep, Florida Rep, Texas Rep, Fox, Foreign Affairs, Hamas Locations: Washington, Ohio, Minnesota, Kevin Hern , Oklahoma, Michigan, Alabama, Louisiana, Florida, Texas, Georgia, Dan Meuser ,, Israel, Ukraine, R

CIRCLEVILLE, Ohio (AP) — As Jadarrius Rose drove his 18-wheeler through rural Ohio, a simple missing mudflap caught the highway patrol’s eye. The trip ended with a police dog’s powerful jaws clamping down on Rose even as he tried to surrender. For some, the scenes harken back to the Civil Rights Movement, when authorities often turned dogs and firehoses on peaceful Black protesters marching for equality. A TROUBLED HISTORYCircleville, located about 25 miles (40 km) south of Columbus, Ohio, resembles many rural towns across the country. For those working to improve race relations in Ohio, the roadside attack was a reminder of all that is still left to do.

Persons: Jadarrius Rose, Rose, “, Walter Gadsden ., Derrick Holmes, ” Holmes, Holmes, ”, ’, David Haynes, Haynes, Circleville’s, Shawn Baer, —, Madalyn Wasilczuk, ” Wasilczuk, Wasilczuk, It’s, Michael Gould, ” Gould, Ryan Speakman, Councilwoman Caryn Koch, Esterline, “ I’m, Nana Jones, Rhonda Shafner, Aaron Morrison, Mike Schneider, Samantha Hendrickson Organizations: Investigations, Civil Rights Movement, Associated Press, U.S . Records, Highway Patrol, FBI, Baptist Church, ”, . Police, University of South, Police Canine Force, Circleville Police, Ohio Patrolman’s Benevolent, AP, Columbus, NAACP Locations: CIRCLEVILLE, Ohio, Belgian, Birmingham , Alabama, Salt Lake City, Woodson Terrace , Missouri, Lafayette , Indiana, Columbus , Ohio, Americas, Southern U.S, University of South Carolina, New York City, Rose, Circleville, New York, Orlando , Florida

☆ These redistricting fights could determine which party controls the House
▼ + stars: | 2023-10-22 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +16 min

Before the court action, Alabama – which is 27% Black – had only one Black-majority congressional district out of seven seats. The case is expected to land before the all-Republican state Supreme Court, where DeSantis appointees hold most seats. A separate federal case in Georgia challenges the congressional map on constitutional grounds and is slated to go to trial next month. UtahThe state Supreme Court, in a case it heard in July, is considering whether it even has the authority to weigh in on map-drawing decisions by the GOP-controlled state legislature. Advocacy groups and a handful of voters are challenging a congressional map that further carved up Democratic-leaning Salt Lake County between four decidedly Republican districts.

Persons: “, ”, David Wasserman, Amy Walter, Wasserman, Adam Kincaid, Kincaid, it’s, Nick Seabrook, –, John Roberts, Brett Kavanaugh, Ron DeSantis, Al Lawson, Steve Jones, Jones preliminarily, Andy Barr, Amy McGrath, Barr, Kareem Crayton, Brennan, Gabe Vasquez –, Chris Cooper, Jeff Jackson, Wiley Nickel, Kathy Manning, Don Davis, Valerie Foushee –, Davis, Roy Cooper, Nancy Mace, Kevin McCarthy Organizations: CNN, Democratic, Republicans, The, Republican, Black, National Republican Redistricting Trust, University of North, House, US, Gov, Black Democrat, Georgia Republicans, – Democratic, Congressional, Republican –, GOP, Louisiana Republicans, Appeals, Brennan Center for Justice . New, Brennan Center for Justice . New Mexico Republicans, New, New York Republicans, North Carolina, Democrats, Western Carolina University, Foushee, North, Democratic Gov, Supreme, Republican Rep, House GOP Locations: North Carolina, New York , Louisiana, Georgia, Alabama, New York, University of North Florida, America, Louisiana, Florida, Black, North Florida, Atlanta, Peach, . Kentucky, Kentucky, Frankfort, Democratic, Brennan Center for Justice . New Mexico, New Mexico, Mexico, Empire, “, Charlotte, Raleigh, Greensboro, state’s, Carolina, Charleston, Utah, Salt Lake County, Salt, Texas, Tennessee

11 Alabama uncorked 27 straight second-half points in rallying for a 34-20 victory over No. With its national title hopes on the brink, Alabama (7-1, 5-0 Southeastern Conference) turned in its most dominant half of the season. Milroe completed 14 of 21 passes for 220 yards, with a 46-yard touchdown less than a minute into the second half and an earlier 10-yarder to Jermaine Burton. Alabama turned Vols coach Josh Heupel's second failed fourth-down gamble shy of midfield territory into its first lead. The Tide looked like a complete team in the second half, though.

Persons: Jalen Milroe, Jihaad Campbell, ‘, Jase McClellan, Joe Milton III, Cambell, Chris Braswell, Milroe, Jermaine Burton, McClellan, Milton, Josh Heupel's, Will Reichard's, Wright Organizations: Alabama uncorked, Tennessee, Conference, Milroe, Volunteers, SEC, Vols, Tide, Alabama, Texas, Arkansas, UP NEXT Tennessee, SEC East, SEC West, LSU, AP Locations: TUSCALOOSA, Ala, Alabama, Milton, Tuscaloosa, Tennessee, UP, Kentucky

☆ Thousands of people are cutting off their hair and donating it to help soak up an oil spill in Venezuela that is so large it can be seen from space
▼ + stars: | 2023-10-21 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +2 min

Thousands of people, and their dogs, have donated hair to help clean up Lake Maracaibo. Environmentalists will weave nets out of the hair to stop the oil slicks from spreading. Now, a young environmentalist is trying to change that — by asking volunteers to donate their hair to soak up the oil, The Washington Post reported. AdvertisementAdvertisementEstrach and her team will use the hair to weave nets — called booms — that can both stop oil slicks from spreading and soak up the oil itself. Estrach told the Post that two pounds of hair can soak up between 11 and 17 pounds of oil.

Persons: —, Selene Estrach, Estrach, Phillip McCrory, McCrory Organizations: Service, Washington Post, Proyecto Sirena, NASA, of Locations: Maracaibo, Venezuelan, Alabama, California

☆ As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says
▼ + stars: | 2023-10-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Lifestylevisuals | E+ | Getty ImagesHow home affordability has changedIn August 2020, the typical monthly mortgage payment was $1,581, based on an average interest rate of 2.94%, Redfin found. Nowadays, the typical U.S. homebuyer's monthly mortgage payment is $2,866, according to Redfin — an all-time high. "In the next year or two years, interest rates will be lower, and people will have the ability to refinance." That said, competition for homes on the market is likely to be worse in a few years as interest rates cool, she said. "When interest rates come down, everyone's going to come back to the marketplace," said Cohn.

Persons: Redfin, homebuyers, Mark Hamrick, Alicia Huey, Melissa Cohn, William Raveis, Cohn Organizations: Bankrate.com, Istock, Federal Reserve, CNBC, William Raveis Mortgage Locations: U.S, Birmingham , Alabama, New York

☆ Regional bank shares slump as lenders warn of more pain from higher interest rates
▼ + stars: | 2023-10-20 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Regional banks suffered a steep sell-off Friday after a number of weak quarterly earnings reports highlighting the negative impact from higher interest rates soured investor sentiment toward the industry. Regions Financial, a Birmingham, Alabama-based lender, posted a 6.5% decline in net interest income compared with the previous quarter. NII is the difference between interest banks earn on loans and what they pay out on deposits. As interest rates rise, lenders are pressured to pay more to keep depositors. Higher rates could lead to more losses on banks' bond portfolios and contribute to funding pressures as institutions are forced to pay higher rates for deposits.

Organizations: Comerica Bank, Regions, Federal, Comerica, Third Bancorp, CNBC Locations: Torrance , California, Birmingham , Alabama, NII, Dallas, Cincinnati

Parts of the East Coast, particularly the Mid-Atlantic, may get more snow than normal because of that, he said. That means more rain in the South and extra storminess in the late winter, Gottschalk said. El Nino often means “unusual severe weather across the state of Florida because of a strong subtropical jet stream,” he said. He pointed to Washington’s paralyzing 2010 Snowmageddon storm that dumped more than 2 feet on the capital region during an El Nino. The Siberian snow cover, El Nino and other factors “indicate an overall mild winter,” he told The Associated Press.

Persons: there’s, Jon Gottschalk, ” Gottschalk, El, Gottschalk, El Nino, it's, ”, Judah Cohen, Cohen, ___ Read, Seth Borenstein Organizations: El Nino, National Oceanic, Atmospheric Administration, NOAA, Environmental Research, Associated Press, Twitter, AP Locations: United, America, East Coast, Tennessee , Missouri , Nebraska, Nevada, California, U.S, Alaska, Pacific Northwest, New England, Massachusetts, East, Tennessee, Texas , Kansas , Colorado , Utah, New Mexico, Arizona, Lake Erie, Washington, United States, Florida, Caribbean, Gulf of Mexico, Boston, Siberia, Boston , New York City, Pittsburgh, Buffalo, Chicago, Minneapolis, Kansas City, Salt Lake City, Philadelphia, Denver, New Mexico , Arizona , Texas , Oklahoma , Arkansas , Mississippi, Alabama

The report reflects the uneasy state of new construction, with builders facing the strain of high mortgage rates and increased costs for building materials. “To keep buyers interested, many builders have been offering upgrades or buying down mortgage rates, but rising home prices coupled with mortgage rates approaching 8% means there will be fewer buyers in the market to entice,” Bright MLS Chief Economist Lisa Sturtevant said. It is the week’s second report on the state of the new housing market. On Tuesday, the National Association of Home Builders/Wells Fargo Housing Market Index revealed that builder confidence fell for the third consecutive month in October. "Today’s September housing starts report reflects the fragility of the real estate market,” said Travis Hodges, managing director at insurance broker VIU by HUB.

Persons: “, ”, Lisa Sturtevant, Alicia Huey, Travis Hodges Organizations: Census Bureau, Department of Housing, Urban Development, MLS, National Association of Home Builders, National Association of Realtors Locations: Wells Fargo, Birmingham , Alabama, Florida, California

☆ Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
▼ + stars: | 2023-10-18 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

New York CNN —Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. in Costa Mesa, California139 North Grand Ave. in Covina, California20572 Homestead Road in Cupertino, California24829 Del Pradoin Dana Point, California7859 Firestone Blvd. in Yorba Linda, California25906 Newport Road in Menifee, California1600 North Main St. in Meridian, Idaho5808 Ritchie Hwy. in Mill Creek, Washington601 South Grady Way in Renton, Washington2707 Rainier Ave. in South Seattle, Washington– CNN’s David Goldman contributed to this story

Persons: Del, Dana, Glen, Ephraim Ave, Arnold St, Nicholas Ave, Reed, Washington – CNN’s David Goldman Organizations: New, New York CNN — Rite, Real Estate Partners, Rite Aid, Amazon, Walmart, Target, Costco, Aid, Solutions, SEC Alabama, Valley, Firestone, Alvarado St, Fulton, Yorba, Bel Air, Pulaski, Garfield, Main St, Clinton St, Michigan, Whittemore St, Hamilton St, Sunrise, Elmwood, New Carlisle , Ohio Euclid, Gettysburg, Medford, 9th St, Liberty, Eisenhower, Stevenson, 5th St, Reed St, Oxford, 63rd, Brighton, East Central, St, Evergreen, Grady Locations: New York, California, Maryland, Michigan, New Jersey, Ohio, Oregon, Pennsylvania, Washington, Alabama, Idaho, Pike, Monroeville , Alabama, Alhambra , California, Bellevue, Atwater , California, Costa Mesa , California, Covina , California, Cupertino , California, Dana Point , California, Downey , California, Irvine , California, La Mirada , California, Laguna Niguel , California, South Centinela, Los Angeles , California, Alvarado, Monterey , California, St, Ramona , California, Fulton Ave, Sacramento , California, Santa Cruz , California, Yorba Linda , California, Menifee , California, Main St, Meridian , Idaho, Baltimore , Maryland, Bel Air , Maryland, Elkton , Maryland, Glen Burnie , Maryland, Gratiot, Clinton Township , Michigan, Detroit , Michigan, Farmington Hills , Michigan, Fremont , Michigan, Clinton, Grand Ledge , Michigan, Jackson , Michigan, Macomb , Michigan, U.S, Manistee , Michigan, Redford , Michigan, Shelby Township , Michigan, St . Johns , Michigan, Centerville, Sturgis , Michigan, Taylor , Michigan, Wixom , Michigan, Berlin , New Hampshire Grove St, Peterborough , New Hampshire, Browns Mills , New Jersey, Camden , New Jersey, Lumberton , New Jersey, Bridgeton Pike, Mantua , New Jersey, Mullica Hill , New Jersey, Edinburg, Robbinsville , New Jersey, Hamilton, Somerset , New Jersey, Williamstown , New Jersey, Bay Shore , New York, Buffalo , New York, Copiague , New York, East Northport , New York, Floral, , New York, Jamaica , New York, Elmwood Ave, Kenmore , New York, Hempstead, Levittown , New York, Patchogue, Yaphank, Medford , New York, New York , New York, Port Jefferson , New York, Sayville , New York, Smithtown , New York, West Patchogue , New York, New Carlisle , Ohio, Strathmore, East Cleveland , Ohio, Dayton , Ohio, Cleveland , Ohio, Medford , Oregon, Cully, Portland , Oregon, 9th, Chester , Pennsylvania, Coraopolis , Pennsylvania, Erie , Pennsylvania, Greensburg , Pennsylvania, Hanover , Pennsylvania, New Castle , Pennsylvania, New Kensington , Pennsylvania, Pennsburg , Pennsylvania, 5th, Philadelphia , Pennsylvania, Venango St, 63rd St, Pottsville , Pennsylvania, Rochester , Pennsylvania, East Central Ave, Titusville , Pennsylvania, White Haven , Pennsylvania, Bellevue , Washington, Bellingham , Washington, Blaine , Washington, Covington , Washington, Everett , Washington, Lynnwood , Washington, Mill Creek, Renton , Washington, Rainier, South Seattle

On the phone was 28-year-old Jimmy Zhong, a local party boy and Georgia alum who frequented Athens' drinking establishments. Robin Martinelli, Martinelli Investigations owner and private investigator. Martinelli said Zhong appeared resistant to her theories, especially when they began to focus on his circle of friends. Source: Zhong's social media profileHis parties were epic. Source: Zhong's social media profile

Persons: Jimmy Zhong, Zhong, Robin Martinelli, Martinelli, Montel Williams, " Martinelli, Jimmy, Zhong didn't, Louis Vuitton, Gucci, Jimmy Choo, didn't, he'd, Satoshi Nakamoto, Stefana, CNBC Masic, Zhong couldn't, Jody Thompson, Thompson, Trevor McAleenan, Shaun MaGruder, McAleenan, that's, MaGruder, I've, wasn't, Trevor, I'm, coders, Nathaniel Popper, Popper, Bitcoin, Nobody, bitcoin, Michael Bachner, John Garland, Bachner, Ross Ulbricht, Chad Organizations: University of Georgia, Clarke County Police Department, rowdies, Clarke County Police, CNBC, Department of Justice, Martinelli Investigations, Broad, College, Ritz Carlton, Waldorf, Georgia Bulldogs football, Rose, IRS, Silk, Clarke, Investigators, Misfits, . Locations: Athens, Georgia, bitcoin, It's, Loganville , Georgia, Zhong's, Gainesville , Georgia, Los Angeles, Beverly Hills, LA, Gainesville, Chad, Clarke County, Montgomery , Alabama, U.S

☆ Homebuilder sentiment drops to 10-month low, as mortgage rates soar
▼ + stars: | 2023-10-17 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Builder confidence in the market for single-family homes dropped to the lowest level since January, as builders contend with a market dominated by high mortgage rates and costs for financing. The monthly National Association of Home Builders/Wells Fargo Housing Market Index dropped 4 points to 40 in October, and September's read was revised down 1 point. Builders point squarely to mortgage rates, which are now at a 23-year high. Regionally, on a three-month moving average, builder sentiment in the Northeast fell 4 points to 50 and in the Midwest dropped 3 points to 39. In the South it fell 5 points to 49, and in the West it fell 6 points to 41.

Persons: September's, Alicia Huey, Robert Dietz, NAHB's Organizations: National Association of Home Builders, Builders, Midwest, CNBC Locations: Wells Fargo, Birmingham , Alabama, West

REUTERS/Cheney Orr/File Photo Acquire Licensing RightsOct 17 (Reuters) - Lockheed Martin (LMT.N) reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military equipment. Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with defense company RTX (RTX.N), have proven critical to Ukraine's war efforts. Revenue at the Missiles and Fire Control unit, which makes the High Mobility Artillery Rocket System, was $2.94 billion, up 3.8% from a year earlier. Bethesda, Maryland-based Lockheed posted a net income of $6.73 per share for the quarter ended Sept. 24, compared with $6.71 per share a year earlier. Quarterly net sales rose around 1.78% to $16.88 billion.

Persons: Cheney Orr, Lockheed Martin, LMT.N, restocking, Frank St John, Pratyush Thakur, Mike Stone, Krishna Chandra Organizations: Lockheed, Association of, United States Army, Global, REUTERS, Reuters, Missiles, Control, High Mobility Artillery, Thomson Locations: Huntsville , Alabama, U.S, Ukraine, Bethesda , Maryland, Bengaluru, Washington

1 pick in the AP Top 25 preseason men's basketball poll released Monday, earning 46 of 63 first-place votes to easily outdistance No. 2 in Jon Scheyer's second season, and Purdue got three first-place nods as they try to avenge a stunning end to last season. Defending national champion UConn was sixth with two first-place votes after losing standouts Adam Sanogo and Jordan Hawkins. Also on the outside were Xavier and Kansas State, both of whom were in the top 15 entering last year's NCAA Tournament. 2 Duke will play fourth-ranked Michigan State and top-ranked Kansas will face No.

Persons: Bill Self, Duke, It's, ”, Kevin McCullar Jr, DaJuan Harris Jr, KJ Adams, Elmarko Jackson, Hunter Dickinson, Kevin, ” Duke, Jon Scheyer's, Zach Edey, Fairleigh Dickinson, “, Matt Painter, Shaka Smart, Tyler Kolek, standouts Adam Sanogo, Jordan Hawkins, Dusty May, ” Gonzaga, Saint Organizations: Jayhawks, Purdue, Kansas, Texas, Big, NCAA, Boilermakers, Fairleigh, ” Purdue, Michigan State, Golden Eagles, Warriors, UConn, Huskies, Houston, Owls, Conference USA, American Athletic Conference, Kentucky, San Diego State, Baylor, CONFERENCE, SEC, Big East, Creighton, The ACC, UCLA, Bruins, Kansas State, AP Locations: Kansas, Lawrence, Arkansas, McCullar, Michigan, Caribbean, Marquette, Creighton , Tennessee, Florida, Arizona, Miami , Arkansas, Texas, North Carolina, Southern California, Villanova, Saint Mary's , Alabama, Illinois, Tennessee, Wisconsin, Colorado, Xavier, Chicago, Kentucky

The Bulldogs received 43 first-place votes, Michigan got 16, and Ohio State and Florida State each had one. The last time Washington was ranked this highly this late in the season was 2016, when the Huskies made the College Football Playoff. Seventh straight meeting with both teams ranked. Consecutive seasons with both teams ranked for the Third Saturday in October rivalry. Third straight meeting with both teams ranked after the Utes won both last year to take the Pac-12 title.

Persons: Washington, Kalen DeBoer, hasn't, Nick Saban's, —, Duke, Ralph D, Russo Organizations: Associated Press, Huskies, Oregon, Air Force, Ohio State, Florida State, Bulldogs, Michigan, Washington, Penn State, College Football, Ducks, Texas ., Miami, Notre Dame, Irish, Wyoming, Oregon State, Beavers, Alabama, Arkansas, Crimson Tide, South, LSU, Tide, Auburn, Force, Falcons, —, Kentucky, Tulane, American Athletic Conference, Memphis, Big, Wisconsin, SEC, ACC —, Seminoles, USC, Utes, AP Locations: Georgia, Michigan, Oklahoma, Oregon, Texas, Texas . North Carolina, Southern California, South Florida . Alabama, Tennessee, Alabama, Missouri, Iowa, Washington State , Kansas , Kentucky, Miami, Florida, Utah

☆ The 10 cheapest states to retire in
▼ + stars: | 2023-10-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

Meanwhile, Washington, DC, Massachusetts, California, and New York are the places where it costs more to retire comfortably. AdvertisementAdvertisementThe south and midwest — which are home to the states with the cheapest cost of a comfortable retirement — have among the lowest regional price parities, which show comparisons of buying power across states and metro areas for a given year. Alternatively, the typical home value in the states where it costs more to retire comfortably ranges from $425,011 in New York to $971,167 in Hawaii. It costs $121,228 to retire comfortably in Hawaii, the only state with a six-figure amount. Hawaii's higher transportation costs, limited housing, and elevated costs of goods that need to be shipped contributed to these high retirement costs.

Persons: —, GOBankingRates, Rowe Price Organizations: Service, of Labor Statistics, Social Locations: Mississippi, Oklahoma, Alabama, Hawaii, Massachusetts, Oklahoma , Alabama , Kansas, Iowa, Washington, DC, California, New York

BIRMINGHAM, Ala. (AP) — Court records filed Friday indicate Joran van der Sloot, the chief suspect in Natalee Holloway’s 2005 disappearance, intends to plead guilty in a federal case accusing him of trying to extort money from the missing teen’s mother. A federal judge set an Oct. 18 plea and sentencing hearing for van der Sloot in Birmingham, Alabama. The Alabama teen was last seen leaving a bar with van der Sloot, a student at an international school on the island. Van der Sloot was identified as a main suspect and was detained for questioning but no charges were filed in the case. U.S. prosecutors say that in 2010, van der Sloot sought money from Beth Holloway to disclose the location of her daughter's body.

Persons: Joran van der Sloot, Natalee, van der Sloot, van der, der Sloot, Holloway, Van der Sloot, Beth Holloway Organizations: —, Alabama Locations: BIRMINGHAM, Ala, Birmingham , Alabama, Alabama, Peru, Peruvian, Aruba, U.S

The issues that earned these 15 teenagers a trip to the White House are also priorities for the Biden administration, including first lady Jill Biden, who was convening the first “Girls Leading Change” event to celebrate Wednesday's designation by President Joe Biden as International Day of the Girl. The honorees, including a pair of twins, range in age from 15 to 18 and represent 13 states. “These young women are protecting and preserving the earth, writing and sharing stories that change minds and turning their pain into purpose,” Jill Biden said in a written statement before the ceremony. She founded her school's Latino Student Union and organizes students on issues like climate justice and preventing gun violence. —Gabriella Nakai, 17, of Phoenix, is a Navajo and Choctaw leader who works on improving food security and sustainability.

Persons: Biden, Jill Biden, Joe Biden, ” Jill Biden, Brooke Bennett, — Jazmin, Jackie, Cho, — Julia Garnett, — Logan Hennes, — Anja Herrman, — Leela Marie Hidier, — Elisa Martinez, — Gabriella Nakai, — Zahra Rahimi, — Gitanjali Rao, — Avery Turner, — Sandra Ukah, — Rania Organizations: WASHINGTON, White, Gender, Council, Robb Elementary School, Beach Cities Health, Advisory Council, American Jewish Committee, Equity, Latino Student Union, Choctaw, Massachusetts Institute of Technology, Air Force, University of Florida, Seminole, Student Union, LiTEArary Society Locations: United States, Montgomery , Alabama, Uvalde , Texas, Redondo Beach , California, Beach, Hendersonville , Tennessee, New York, River Forest , Illinois, Yarmouth , Maine, U.S, Las Vegas, Phoenix, Navajo, —, Alexandria , Virginia, Afghanistan, Highlands Ranch , Colorado, Colorado Springs , Colorado, Bloom, Lake Mary , Florida, Morgantown , West Virginia

☆ Trump, fraud, and minding the GAAP: A guide to the accounting rules at the heart of his NY trial, courtesy of 2 standup comics who happen to be CPAs
▼ + stars: | 2023-10-09 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

Trump's $250M fraud trial hinges on whether he followed generally accepted accounting principles. AdvertisementAdvertisementTrying to follow the Trump Organization civil fraud trial but don't understand all the quacking about "GAAP, GAAP, GAAP" — those wonky, "generally accepted accounting principles" at the heart of the trial? Donald Trump leaves his civil fraud trial in New York on its third day of testimony. "I know Trump would like to see them 'wiggle, wiggle, wiggle' for sure," she added. AdvertisementAdvertisementTrump's civil fraud trial begins its second week on Tuesday.

Persons: —, Donald Trump, Donald Trump , Jr, Trump, Letitia James, Donald Trump's, Tammara Buckey, Buckey, Buckley, Missy Hydrick, Steve Gianturco, He's, Stevie GB, Brendan McDermid, Gianturco, Seth Wenig, FASB, Fabio, James, Jason Derulo Organizations: Service, Trump Organization, New York, Trump, NY, CPA, Federal, Accounting Locations: Huntsville , Alabama, Long Island , New York, New York, York, Manhattan's

The Hamas terrorist attack on Israel is reprehensible. Israel is under heavy attack right now by Hamas and taking action to defend itself and its people. Israel has every right to defend itself.”Sen. Jon Tester, Montana Democrat“I strongly condemn the terrorist attacks launched by Hamas against our ally Israel. I will continue to closely monitor the situation.”Sen. Maggie Hassan, New Hampshire Democrat“Hamas’s terrorist attack on Israel is nothing short of horrifying. Israel has every right to defend itself from this unjust war.”Sen. Ron Wyden, Oregon Democrat“The terrorist attack on Israel is appalling.

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Hickenlooper, Richard Blumenthal, Connecticut Democrat “, Chris Murphy, Tom Carper, Delaware Democrat “, Chris Coons, Marco Rubio, Rick Scott, Jon Ossoff, Georgia Democrat “, Anat Sultan, Raphael Warnock, “ I’m, Mazie, Tammy Duckworth, Todd Young, Mike Braun, Jerry Moran, Kansas Republican “, Hamas’s, Roger Marshall, Netanyahu, Rand Paul, Kentucky Republican “, Bill Cassidy, John Kennedy, Susan Collins, Maine Republican “, Ben Cardin, Maryland Democrat “, Chris Van Hollen, Ed Markey, Tina Smith, Minnesota Democrat “, Roger Wicker ,, Roger Wicker , Mississippi Republican “, Cindy Hyde, Josh Hawley, Eric Schmitt, Jon Tester, Montana Democrat “, Deb Fischer, Nebraska Republican “, Pete Ricketts, Jacky Rosen, Nevada Democrat “, Jeanne Shaheen, Jeanne Shaheen , New Hampshire Democrat “, Maggie Hassan, Maggie Hassan , New Hampshire Democrat “, Bob Menendez, Bob Menendez , New Jersey Democrat “, Martin Heinrich, New Mexico Democrat “, Biden, Ben Ray Lujan, Kirsten Gillibrand, New York Democrat “ I'm, Thom Tillis, Ted Budd, North Carolina Republican “, John Hoeven, John Hoeven , North Dakota Republican “, Kevin Cramer, Sherrod Brown, Ohio Democrat “, J.D, ”, Vance, James Lankford, Markwayne Mullin, Israel –, Ron Wyden, Bob Casey, John Fetterman, craven, Jack Reed, Sheldon Whitehouse, Lindsey Graham, Tim Scott, South Carolina Republican “ I’m, Mike Rounds, South Dakota Republican “ Shocked, Marsha Blackburn, Marsha Blackburn , Tennessee Republican “ Israel, Bill Haggerty, Tennessee Republican “, John Cornyn, John Cornyn , Texas Republican “, Ted Cruz, Mitt, Vile, Peter Welch, Vermont Democrat “, Tim Kaine, Patty Murray, Washington Democrat “, Maria Cantwell, Ron Johnson, Wisconsin Republican “ Israel, Cynthia Lummis, Wyoming Republican “, Jim Jordan, Jared Moskowitz, Abigail Spanberger, Elissa Slotkin, Don Bacon, perpetrating, Cori Bush, Missouri Democrat “, Kevin Hern, Kevin Hern , Oklahoma Republican “, ” Rep, Ritchie Torres, Ritchie Torres , New York Democrat “, Michael McCaul, Michael McCaul , Texas Republican “ I, Ilhan Omar Organizations: Palestinian, Hamas, Biden, House, Michigan Democrat, Minnesota Democrat, Virginia Democrat “, Senate Intelligence, Massachusetts Democrat, Islamic, Cory Booker , New, Cory Booker , New Jersey Democrat, West Virginia Democrat, Wisconsin Democrat, Gary Peters , Michigan Democrat, Nevada Democrat, Hawaii Democrat, State, Oregon Democrat, John Barrasso , Wyoming Republican, Iowa Republican, West Virginia Republican, Montana Republican, Utah Republican, Idaho Republican, Alabama Republican, Alaska Republican, Alaska Republican “, Arizona Democrat, John Boozman , Arkansas Republican “, Jewish, Arkansas Republican, California Democrat, Colorado Democrat, Connecticut Democrat, Delaware Democrat, Israel, Florida Republican, Georgia Democrat, Hawaii Democrat “, Indiana Republican, Indiana Republican “, Kansas Republican, Kentucky Republican, Louisiana Republican, Maine Republican, Maryland Democrat, Roger Wicker , Mississippi Republican, Smith , Mississippi Republican, Josh Hawley , Missouri Republican, Missouri Republican, Montana Democrat, Nebraska Republican, Jeanne Shaheen , New, Jeanne Shaheen , New Hampshire Democrat, Maggie Hassan , New Hampshire Democrat, Bob Menendez , New, Bob Menendez , New Jersey Democrat, New Mexico Democrat, New, New York Democrat, United, North Carolina Republican, John Hoeven , North Dakota Republican, Kevin Cramer , North Dakota Republican “, Ohio Democrat, Vance , Ohio Republican, James Lankford , Oklahoma Republican, Oklahoma Republican, “ Hamas, Rhode, Lindsey Graham , South Carolina Republican, South Carolina Republican, South Dakota Republican, Marsha Blackburn , Tennessee Republican, Tennessee Republican, John Cornyn , Texas Republican, Ted Cruz , Texas Republican, Vermont Democrat, Washington Democrat, Wisconsin Republican, Wyoming Republican, ”, Ohio Republican “, Missouri Democrat, Kevin Hern , Oklahoma Republican, Ritchie Torres , New, Ritchie Torres , New York Democrat, Jewish State, Michael McCaul , Texas Republican Locations: Israel, United States, Tehran, The United States, Iran, Michigan, U.S, Minnesota, Massachusetts, Vermont, Cory Booker ,, Cory Booker , New Jersey, West Virginia, Wisconsin, Gary Peters , Michigan, Nevada, Hawaii, Oregon, John Barrasso , Wyoming, America, Iowa, West, Montana, Iranian, Utah, Idaho, Alabama, Alaska, Alaska Republican “ America, @Israel, Kyrsten Sinema, Arizona, John Boozman , Arkansas, Jewish State, Arkansas, Saudi Arabia, California, Gaza, Colorado, Connecticut, Delaware, Florida, Georgia, Mazie Hirono, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Palestine, Roger Wicker , Mississippi, Smith , Mississippi, Josh Hawley , Missouri, Missouri, Nebraska, Jeanne Shaheen ,, Jeanne Shaheen , New Hampshire, Maggie Hassan , New Hampshire, Bob Menendez ,, Bob Menendez , New Jersey, New Mexico, New York, North, John Hoeven , North, Kevin Cramer , North, Ohio, Vance , Ohio, James Lankford , Oklahoma, Oklahoma, Pennsylvania, Rhode Island, Lindsey Graham , South, South, States, Marsha Blackburn , Tennessee, Tennessee, John Cornyn , Texas, Ted Cruz , Texas, Mitt Romney, Virginia, “ Hamas, Washington, Wyoming, Ohio Republican “ America, Kevin Hern , Oklahoma, Ritchie Torres ,, Ritchie Torres , New York, Michael McCaul , Texas

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