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☆ CNN offers to host live town halls with Trump and Harris
▼ + stars: | 2024-10-10 | by ( Brian Stelter | ) edition.cnn.com time to read: +2 min

New York CNN —With former President Donald Trump ruling out any more presidential debates between now and Election Day, CNN shifting course Thursday and invited both Trump and Vice President Kamala Harris to participate in town hall events with voters. “Trump may want to hide from the voters, but Vice President Harris welcomes the opportunity to share her vision for a New Way Forward for the country. The network said the town halls will take place before a live audience of persuadable and undecided voters from Pennsylvania. Harris quickly accepted the invite, but Trump repeatedly shrugged it off, despite the Harris campaign’s attempts to goad him into participating. The country’s leading Spanish-language network, Univision, is broadcasting its own town hall with Harris on Thursday night and with Trump on October 16.

Persons: Donald Trump, Kamala Harris, Harris, “ Trump, ” Harris, Jen O’Malley Dillon, persuadable, “, Trump’s, ”, Trump, CNN’s Kate Sullivan, Samantha Waldenberg Organizations: New, New York CNN, CNN, Trump, ” CNN, Fox News, Republican, ABC, Univision Locations: New York, Pennsylvania, United States, Atlanta

☆ Mountain Dew is putting the mountain back in its logo
▼ + stars: | 2024-10-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —“Mtn Dew” is getting a makeover, with the word “mountain” reappearing on cans and bottles following a roughly two-decade-long hiatus. “Mountain Dew appears ready to shake off the adrenaline rush that has defined the brand’s marketing for almost two decades, when a key strategy was to market Dew like an energy drink to an energy drink crowd,” Duane Stanford, editor and publisher of Beverage Digest, told CNN. A major change in marketing is essential for Mountain Dew. The new look for Mountain Dew is more about an “evolution and nurturing that we wanted to give to this beloved franchise,” said JP Bittencourt, vice president of marketing at Mountain Dew. “This design has been in the works for some time, so this is not a response to anybody.”A rebrand could also attract drinkers that have perhaps forgotten about Mountain Dew.

Persons: ” Duane Stanford, Spelling, ”, Mauro Porcini, Porcini, ” Porcini, Stanford, Ramon Laguarta, ” —, Bittencourt Organizations: New, New York CNN —, Mtn, PepsiCo, CNN, Beverage Digest, Mist, Dew, Rockstar Energy Locations: New York, North America, Tennessee Smoky

☆ Voters think America’s economy stinks. There’s nothing that will change that before the election
▼ + stars: | 2024-10-09 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

In reality, the data — no matter how bad or good — probably won’t make an ounce of difference for most voters. Most voters likely don’t even follow the overall economic trends, let alone one month’s data, he said. Instead, their views on the economy are shaped by how far their dollars are stretching today compared to recent times. That’s a higher share compared to when voters were asked the same question in 2022. But the average American does not wait for news to come out to form an opinion on how the economy is functioning, she said.

Persons: Kamala Harris, Donald Trump, Harris, “, ”, Micah Roberts, Republican pollster, Roberts, That’s, don’t, Joanne Hsu Organizations: New, New York CNN, Harvard Center, American Political Studies, Republican, NBC News, CNN, University of Michigan, Consumers Locations: New York

☆ Attorneys for Sean ‘Diddy’ Combs allege leaks to media are impeding a ‘fair trial’
▼ + stars: | 2024-10-09 | by ( Kara Scannell | ) edition.cnn.com time to read: +2 min

New York CNN —Attorneys for Sean “Diddy” Combs filed a motion late Wednesday accusing the government of leaking a video of the hip-hop mogul beating his former girlfriend and other evidence to the media, asking a judge to potentially bar the footage from a trial. The motion filed by Combs’ attorneys also alleges that authorities alerted the media about the searches in March of his homes in Los Angeles and Miami. His attorneys claim the alleged leaks make it hard for Combs to get a fair trial. Spokespersons for HSI New York and the US attorney’s office for the Southern District of New York declined to comment. Following the release of the video, Combs apologized.

Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, ” Combs, HSI, Ventura, CNN’s Lisa Respers Organizations: New, New York CNN, of New, CNN, Department of Homeland Security, Homeland Security Investigations, HSI New, US, Southern, of, DHS Locations: New York, Southern, of New York, Los Angeles, Miami, HSI New York, CNN’s Lisa Respers France

☆ Recession fears are fading. Now it’s time for America’s companies to back that up
▼ + stars: | 2024-10-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Hopes for avoiding a recession are growing on Wall Street. Now, investors are looking to the upcoming earnings season for clues about the US economy’s health. The earnings season begins in earnest Friday with quarterly updates from big banks including JPMorgan Chase, Wells Fargo and BlackRock. Wall Street will also parse the September Consumer Price Index report and wholesale inflation figures due later this week. Wall Street will also eye developments from the tech companies whose mammoth stock returns have helped power this year’s bull market.

Persons: Motors, “, ”, Sarah Henry, Wells, Mark Malek, Siebert, Dave Sekera Organizations: New, New York CNN, Economic, PepsiCo, Conagra Brands, Logan Capital, JPMorgan Chase, Federal Reserve, Tech, “, FactSet, Apple, Nvidia, Communication, Morningstar Locations: New York, Wells Fargo, BlackRock

☆ Melinda French Gates launches a $250 million women’s health fund
▼ + stars: | 2024-10-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Melinda French Gates is shedding more light on her $1 billion plan to promote women’s rights, announcing Wednesday a new $250 million fund to improve women’s mental and physical health. The billionaire philanthropist launched “Action for Women’s Health”, a fund through her organization Pivotal Ventures. Its webpage says that “women’s health has been underfunded, overlooked, and misunderstood” and that health inequities between men and women “not only impact women’s daily lives, but they can also hurt women’s futures.”“It’s clear we need to do a better job of addressing the barriers to women’s health. “We’re seeing the devastating impacts” of Roe v. Wade, the landmark 1973 abortion rights case, being overturned, French Gates told the publication. Harris, the Democratic nominee for US president, has been vocal about women’s reproductive rights.

Persons: Melinda French Gates, “, Gates, Dobbs, ”, Roe, Wade, Kamala Harris, Harris, Melinda Gates, Bill Gates Organizations: New, New York CNN, Women’s Health, Ventures, New York Times, Bloomberg, CBS, Democratic, Melinda Gates Foundation Locations: New York

☆ Shari Redstone says CBS leaders made ‘bad mistake’ with handling of Ta-Nehisi Coates interview fallout
▼ + stars: | 2024-10-09 | by ( Hadas Gold | Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Shari Redstone, the chair of CBS parent company Paramount Global, said Wednesday that CBS leadership made a “bad mistake” with their handling of “CBS Mornings” co-host Tony Dokoupil’s contentious interview last week with author Ta-Nehisi Coates. In stark opposition to what CBS editorial leadership told staff on Monday, Redstone said she did not think Dokoupil had violated the network’s editorial standards when he grilled Coates over the content of his new book. I think he handled himself and showed the world and modeled what civil discourse is. On Wednesday, Redstone said the network’s executives made a “bad mistake” in how they handled the ensuing controversy over the interview. Several correspondents and producers had expressed concern with Dokoupil’s conduct in numerous instances, beyond the Coates interview.

Persons: Shari Redstone, Tony Dokoupil’s, Nehisi Coates, Redstone, Dokoupil, Coates, Tony, ” Redstone, ”, “, ” Dokoupil, “ I’ve, I’ve, Wendy McMahon, Adrienne Roark Organizations: New, New York CNN, CBS, Paramount Global, ” CBS, CNN Locations: New York, Dokoupil, Israel

☆ Florida gas stations are already running out of fuel. Hurricane Milton could cause even more trouble
▼ + stars: | 2024-10-08 | by ( Chris Isidore | Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Gas stations in many areas of Florida are running out of gasoline, as residents prepare for Hurricane Milton. Gas price tracking service GasBuddy reported that as of Tuesday morning, 14.5% of gas stations statewide were without fuel, a dramatic spike from just 3% on Monday. DeSantis said 27 fuel trucks were escorted by the Florida Highway Patrol to deliver fuel to stations in the anticipated impact area of the storm. “We have been dispatching fuel over the past 24 hours as gas stations have run out,” he said at a press conference early Tuesday. And the real fear is that the hurricane and storm surge could cause significant damage to the port.

Persons: Fort, “, ”, Patrick De Haan, Ron DeSantis, DeSantis, Milton, Julio Cortez, Tom Kloza, Andy Lipow Organizations: New, New York CNN — Gas, Hurricane Milton, GasBuddy, Florida, Patrol, AAA, Lipow Oil Associates, Coast Guard Locations: New York, Florida, Milton’s, Fort Myers, Gulf Coast, Port of Tampa, Orlando, Tampa Bay, Port, Tampa

☆ Talks between Boeing and striking union break down
▼ + stars: | 2024-10-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Boeing and the union that represents 33,000 striking employees at the company say talks between the two have broken down and no new talks are scheduled. A previous tentative agreement between the union and Boeing ahead of the strike was rejected nearly unanimously by the members now on strike. Union members are angry that they lost the traditional pension plan that they had at Boeing until 10 years ago. Boeing on Tuesday said that it is trying to reach a deal with the union that will bring the strike to an end. But the union said Boeing refused to improve the publicly disclosed offer of two weeks ago.

Persons: Stephanie Pope, ”, “ Organizations: New, New York CNN, Boeing, International Association of Machinists, Standard, Federal Aviation Administration Locations: New York, Washington

☆ CNN issues deadline for Trump and Harris to agree to final 2024 debate
▼ + stars: | 2024-10-08 | by ( Brian Stelter | ) edition.cnn.com time to read: +2 min

New York CNN —The window for a final 2024 presidential debate between former President Donald Trump and Vice President Kamala Harris is closing. Harris has accepted the invitation and welcomed the chance to debate Trump again, but Trump has rejected her calls. On Tuesday, CNN stepped up the pressure by writing to both campaigns and setting a Thursday deadline for a formal response. Harris tried to capitalize on her performance at the ABC-sponsored debate in September by immediately challenging Trump to debate again. (In fact, the CNN date is in line with final debates of other recent election cycles.)

Persons: Donald Trump, Kamala Harris, Harris, Trump, can’t, “, Trump’s, Joe Biden, Biden, “ Trump, Brian Fallon, ” “ Trump, Fallon Organizations: New, New York CNN, CNN, “ CNN, ABC, Trump, ” Locations: New York, Atlanta, United States

☆ Google’s search dominance is unwinding
▼ + stars: | 2024-10-08 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

New York CNN —Google is so synonymous with its core product that its name is a verb that means “search.” Yet Google’s dominance of that market is shrinking. For the first time in decades, Google next year will not control a majority of the US search market, according to a forecast by advertising research firm eMarketer. Google will remain the biggest search player, maintaining a 48% share of American search advertising revenue. That ruling could result in the eventual breakup of the company’s search business. TikTok, the fastest growing social network, is getting into into the search business.

Persons: CNN Business ’, George W, Bush, eMarketer, Google’s, “ kendall jenner, ChatGPT, “ What’s, Kendall Jenner, OpenAI, that’s, Bing, Sears Organizations: CNN Business, New York CNN, Google, Wall Street, Bing, Yahoo, Microsoft, Meta, YouTube, Delta Air Lines, Epic, Amazon, Apple, GE, Dow, US Steel Locations: New York, San Francisco, United States

☆ Spirit Halloween is transforming some of its stores into a Christmas spinoff
▼ + stars: | 2024-10-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —When the latest spooky season passes, it won’t mark the end for some Spirit Halloween stores, with the chain planning to convert some locations and keep them open for the holidays. The retailer is opening a total of 10 Spirit Christmas stores, primarily in the US Northeast, filled with the winter holidays-themed items including gifts, decorations and inflatables. The pop-up chain will be a mixture of some converted Spirit Halloween stores and new locations. This year, Spirit Halloween opened a record 1,525 stores in the United States and Canada. The winter holidays are even a bigger business for Spirit Halloween to tap into: Last year, spending across the country grew nearly 4% to a record $964 billion, the NRF said.

Persons: Santa, “, ”, Spencer Organizations: New, New York CNN, CNN, National Retail Federation Locations: New York, , New Jersey, United States, Canada

☆ Mega Millions lottery is more than doubling the price of a ticket to $5
▼ + stars: | 2024-10-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The cost of a Mega Millions ticket is more than doubling, but the multi-state lottery game is promising that the bigger price comes with better odds. It’s the second time the price of a ticket has increased in Mega Millions’ 22-year history: In 2017, the price jumped from $1 to $2 — the same cost of a Powerball ticket. That’s also when Mega Millions adopted its current format of choosing six total numbers from two different pools – and when all the numbers match, including the gold Mega Ball, the player wins the jackpot. Mega Millions said that the increased ticket price will cause larger-starting jackpots, as well as faster-growing jackpots. Mega Millions is available to play in 45 states plus Washington, DC, and the US Virgin Islands.

Persons: It’s, That’s, ”, Joshua Johnston Organizations: New, New York CNN, Mega, Mega Millions Consortium, Virgin Islands Locations: New York, Florida, Washington, Virgin

☆ TikTok sued by 14 states over alleged harms to children’s mental health
▼ + stars: | 2024-10-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —A bipartisan group of 14 attorneys general from across the country filed lawsuits on Tuesday against TikTok, alleging that the platform has “addicted” young people and harmed their mental health. And last month, 42 state attorneys general called on US Surgeon General Vivek Murthy to require labels on social media apps warning of their potential harm to young users. It also alleges that TikTok “challenges,” viral trends where users try to replicate videos created by others, can encourage dangerous behavior among young users. TikTok previously cooperated with New York authorities to remove subway surfing content, the New York Times reported in January. The lawsuit seeks financial penalties against TikTok, including a requirement that the platform repay any profits it received from ads directed to New York teens or pre-teens.

Persons: TikTok, Letitia James, Rob Bonta, Vivek Murthy, ”, Alex Haurek, “ We’re, ” TikTok, “, James, “ TikTok, James ’, ” James ’, CNN’s Matt Egan Organizations: New, New York CNN, New York, US Justice Department, Harvard, New York Times, US, ”, TikTok Locations: New York, California, United States, New, Brooklyn

☆ McDonald’s is struggling. So is its big french fry supplier
▼ + stars: | 2024-10-08 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

That’s hurting french fry suppliers like Lamb Weston. This shift has taken a toll on Lamb Weston because people are less likely to cook french fries at home. Around 80% of french fries consumed in the United States come from fast-food chains, according to Lamb Weston. McDonald’s has launched a $5 meal, which includes a McDouble cheeseburger or a McChicken sandwich, small french fries, 4-piece chicken nuggets and small soft drink. “Many of these promotional meal deals have consumers trading down from a medium fry to a small fry,” Lamb Weston CEO Thomas Werner said last week on an earnings call.

Persons: Lamb Weston, McDonald’s, ” Lamb Weston, Thomas Werner, Lamb, R.J, Placer.ai Organizations: New, New York CNN Locations: New York, North America, Washington, United States

☆ Good news: The ‘hard landing’ forecasters got it wrong
▼ + stars: | 2024-10-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But as we wind down 2024, one thing appears clear: The naysayers on Team Hard Landing got it wrong. The “soft landing” versus “hard landing” metaphor — perhaps overused but visually handy — refers to the economy as an airplane and the Fed as the pilot. Pull the right levers at the right time, and you get a nice comfortable soft landing, with inflation cooling and the labor market thriving. He was far from alone in thinking that a soft landing was little more than a fantasy. “We should just drop the soft landing versus hard landing discourse and start talking about a robust expansion at mid-cycle,” Joe Brusuelas, chief economist at RSM, told Schwab Network in an interview.

Persons: CNN Business ’, everyone’s, ”, Sung Won Sohn, we’d, ” Aaron, “, there’s, Justin Wolfers, Bill Dudley, “ I’ve, Dudley, Larry Summers, they’re, Joe Brusuelas Organizations: CNN Business, New York CNN, Loyola Marymount University, Fed, . Upjohn Institute, Employment Research, ICYMI, Bureau of Labor Statistics —, Federal Reserve Bank of New, Bloomberg, RSM, Schwab Network Locations: New York, Federal Reserve Bank of New York

☆ CBS News says heated Ta-Nehisi Coates interview did not meet editorial standards after criticism
▼ + stars: | 2024-10-07 | by ( Brian Stelter | Hadas Gold | ) edition.cnn.com time to read: +5 min

New York CNN —CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book was compared to “extremist” writings, did not meet the network’s editorial standards. CBS executives told staffers during a daily editorial meeting that the contentious “CBS Mornings” interview last week with Coates, led by co-anchor Tony Dokoupil, had been addressed with Dokoupil. The assessment pacified some employees who had objected to Dokoupil’s tone during the segment with Coates. During the September 30 interview, Dokoupil took issue with Coates’ framing in the book. The gripping interview — intense by the often cozy standards of morning television —has since been viewed many millions of times on streaming websites.

Persons: Nehisi Coates, Coates, Tony Dokoupil, Dokoupil, Dokoupil’s, Tony, Israel, ” Coates, “, ” Dokoupil, Gayle King, Nate Burleson, ”, —, Wendy McMahon, Adrienne Roark, McMahon, Roark didn’t, Jan Crawford Organizations: New, New York CNN, CBS, CNN, Management Locations: New York, Israel

☆ Making HERstory: How WNBA owner Clara Wu Tsai turned a team ‘no one wanted’ into New York’s next big franchise
▼ + stars: | 2024-10-07 | by ( Carolyn Manno | ) edition.cnn.com time to read: +10 min

Now, back in the Finals, winning the team’s first title would cap off a stretch of unprecedented growth for majority team owner, Clara Wu Tsai. Wu Tsai and her husband, Joe Tsai, bought the team in 2019 for an undisclosed amount after the franchise’s previous owner, James Dolan, put the team up for sale in 2017. Wu Tsai says without investors in the market, she jumped at a chance nobody else wanted. I definitely feel like we have the most inclusive fan base in all of professional sports today,” Wu Tsai told CNN last month. We have an exhibition that’s open to the students, their parents, their teachers, and the community,” Wu Tsai said.

Persons: Clara Wu Tsai, Wu Tsai, Joe Tsai, James Dolan, Dolan, “, ” Wu Tsai, Picasso, ”, Brianna Stewart, Breanna Stewart, Turkey Clara Wu, I’ve, Ellie, “ There’s, “ Caitlin Clark, Angel Reese, Kamilla Cardoso, Cameron Brink, Caitlin, it’s, Covid, “ We’ve, Jean Michel Basquiat Organizations: New, New York CNN, New York Liberty, Barclays Center, ” New York Liberty, Liberty, CNN, Alliance, BK, XL, Cornell University, Yale University, Brooklyn, Department of Education, Barclay Center, WNBA Locations: New York, New York City, Turkey, ”, Brooklyn, United States, Liberty

☆ Why a key borrowing rate is above 4% again
▼ + stars: | 2024-10-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +1 min

New York CNN —A key borrowing rate for American consumers has jumped to a level not seen in months. The yield on the benchmark 10-year US Treasury note breached 4% on Monday for the first time since August. The 10-year yield closed at 3.98% on Friday, up from 3.85% on Thursday. The 10-year yield tracks the rate on everything from mortgages to student loans to car loans, leaving consumers looking to borrow for big-ticket purchases with elevated costs. Investors will parse the Consumer Price Index report for September and wholesale inflation figures.

Persons: ”, Karl Schamotta Organizations: New, New York CNN, Treasury, Federal Reserve, Solutions, Fed Locations: New York

☆ Property damage from Hurricane Helene could cost owners more than $47 billion
▼ + stars: | 2024-10-07 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Even as Florida braces for another major hurricane, new estimates reveal Hurricane Helene caused up to $47.5 billion in losses for property owners. CoreLogic estimates Helene caused between $20 billion and $30 billion of uninsured flood losses. That dwarfs the firm’s estimate of between $10.5 billion and $17.5 billion worth of uninsured wind and flood losses. All told, CoreLogic calculates that Hurricane Helene caused between $30.5 billion and $47.5 billion in total wind and flood losses across 16 states. The vast majority of the damage from Hurricane Helene was from flooding, with wind causing just $4.5 billion to $6.5 billion of losses, according to CoreLogic.

Persons: Helene, ” CoreLogic, CoreLogic, Milton, Hurricane Helene Organizations: New, New York CNN, National Flood Insurance, Federal Emergency Management Agency, FEMA, Flood Locations: New York, Florida, Florida , North Carolina, South Carolina, Georgia, Helene’s, North Carolina, Tampa, St, Petersburg, Gulf of Mexico, Hurricane, Perry

☆ Customers noticed Whole Foods skimped out on its Berry Chantilly Cake. It quickly changed course
▼ + stars: | 2024-10-07 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —Fans of Whole Foods’ iconic Berry Chantilly Cake have been up in arms on social media over the past few weeks. Berry Chantilly fans say they were victims of skimpflation, a member of the shrinkflation and inflation family. Whole Foods customers were quick to catch on, and by Friday, the company announced it had reversed its changes. “Based on feedback from our customers, we will reintroduce single slices of the Berry Chantilly Cake that are the same as the classic our customers know and love,” a Whole Foods spokesperson told CNN on Friday. The cake slices will be back to their previous version by next week, the company said.

Persons: Berry, It’s, ”, Berry Chantilly, they’re, “, ” Joseph Balagtas, Edgar Dworsky, ” Dworsky, Dworsky, Blommer, Balagtas, ” Balagtas Organizations: New, New York CNN, Foods, Purdue University, CNN, Louis Federal Reserve, Consumer, “ Manufacturers, St, Reuters, Companies Locations: New York, West Africa, North America

☆ What a hot job market means for inflation
▼ + stars: | 2024-10-06 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

New York CNN —The US job market is still piping hot. That comes after the Federal Reserve last month cut interest rates by a jumbo half-point, signaling that it is turning its attention from tamping down inflation to keeping the job market steady. But some warn that a still-strong labor market could make it more difficult for inflation to continue cooling. That’s because a low unemployment rate and hot job market underline a strong American consumer, whose spending helps drive up the cost of goods and services. Consumer inflation eased to its slowest annual pace since February 2021 in August, continuing a trend of cooling down in recent months.

Persons: FactSet, ”, Seema Shah, “, Gina Bolvin Organizations: New, New York CNN, Bureau of Labor Statistics, Federal Reserve, Investors, “, Fed, Asset Management, Labor Statistics, Bolvin Wealth Management Group, International Longshoremen’s Association, United States Maritime Alliance Locations: New York, July’s, Israel, Iran, Russia, Ukraine

☆ False claims about the federal response to Helene are an ominous sign for the coming election
▼ + stars: | 2024-10-05 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —False claims about the federal response to the historic devastation left by Hurricane Helene are spreading out of control on social media, hampering recovery efforts in hard-hit areas, according to local officials. Elon Musk, the X owner who has endorsed Trump, has repeatedly posted rumors and innuendo denigrating the federal government’s response to Helene. Most of the misinformation is brazenly political, portraying President Joe Biden and Harris as incompetent in an attempt to help Trump win reelection. Some of the most-shared lies on social media have involved FEMA’s response. “Republican elected officials keep rebutting the BS, and MAGA does not care,” conservative columnist David French said in a social media post Saturday.

Persons: Hurricane Helene, Biden, Donald Trump, Kamala Harris, ” Tim Alberta, Elon Musk, Trump, Helene, Joe Biden, Harris, Kerry Giles, ” Giles, ” Trump, “, MAGA, David French, ” Mike Rothschild, ”, Appodlachia, Billy Ball Organizations: New, New York CNN, Hurricane, FEMA, The Atlantic, Trump, Republican, CNN, “ Republican, Facebook, North Locations: New York, Georgia, North Carolina, Rutherford County , NC, Lake Lure, “, U.S

☆ Here are all the winners in the port strike deal
▼ + stars: | 2024-10-05 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

New York CNN —The deal reached Thursday evening that ended a strike by 50,000 portworkers has a lot of winners and few if any losers. But that wage deal stopped what could have become the most disruptive US strike in decades had it lasted weeks or months. The strike halted the flow of imports and exports across dozens of ports, what could have been a massive blow had the strike continued. Not that this was the deal that the the United States Maritime Alliance, the group that negotiates on behalf of ship lines, terminal operators and ports, wanted. But it was the one they could settle for after the Biden administration made clear it wasn’t going to intervene.

Persons: portworkers, Harold Daggett, Daggett, Sal Mercogliano, “, ” Mercogliano, Mercogliano, Bryan R, Smith, Biden, Joe Biden, Taft, Hartley, Kamala Harris, Pete Buttigieg —, Democrats ’, Julie Su, ”, – Organizations: New, New York CNN, International Longshoremen’s Association, ILA, Campbell University, National Retail Federation, United States Maritime Alliance, Getty, Transportation, Democrats, Labor Locations: New York, West Coast, AFP, New Jersey

☆ The port strike is over. Here’s what happens next
▼ + stars: | 2024-10-04 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

Then union members will get additional $4-per-hour raises every year during the life of the six-year tentative deal. The union had been willing to consider the $4-an-hour deal before the strike, union boss Harold Daggett said on the picket line outside the Port of New York and New Jersey early Tuesday, soon after the start of the strike. Thursday’s deal likely is the end of the strike, but it doesn’t close the door on a new strike in the future. Should the members vote against the deal, the strike might start once again. But union members voted nearly unanimously to reject it and have remained on strike since September 13.

Persons: Harold Daggett, Bryan R, Smith, Helene, Bethann Rooney, ”, Rooney Organizations: New, New York CNN, United, International Longshoremen’s Association, United States Maritime Alliance, Getty, Port Authority of New, Hurricane Sandy, International Association of Machinists, Boeing Locations: New York, United States, East, Gulf Coast, Port of New York, New Jersey, Maine, Texas, Virginia, Port Newark, AFP, Port Authority of New York, Port, NY, NJ, Hurricane

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