DIRS.INFO The most relevant business & tech news

☆ US House: Court fights could tip control in 2024
▼ + stars: | 2023-11-14 | by ( Joseph Ax | ) www.reuters.com time to read: +8 min

The state's highest court, the Court of Appeals, will hear arguments this week over whether to order a new map for 2024, as Democrats have asked, or to maintain the current map, as Republicans have argued. The new map was made possible by the state Supreme Court, after two conservative judges won election in 2022. The court's previous Democratic majority had thrown out a Republican map as an illegal gerrymander. UTAH: DEMOCRATS COULD GAIN ONE SEATThe state Supreme Court is weighing whether a Republican-drawn map that divided Democratic-leaning Salt Lake County into four districts violated the state constitution. The Republican state party has appealed.

Persons: Shannon Stapleton, Ron DeSantis, Al Lawson, Steve Jones, Brian Kemp, Jim Cooper, Joseph Ax, Jason Lange, Scott Malone, Jonathan Oatis Organizations: REUTERS, U.S . House, Representatives, Census, Democrats, Democratic, House, SEAT, Republican, Black Democrat, District, Black, U.S, Supreme, NORTH CAROLINA, REPUBLICANS, SOUTH CAROLINA, South, voters, NEW, SEAT Republicans, SEAT Civil, U.S . Department of Justice, Thomson Locations: Queens, New York City, U.S, Alabama, New York, FLORIDA, Florida, Black, GEORGIA, LOUISIANA, ALABAMA, UTAH, Salt Lake County, NEW MEXICO, TENNESSEE, Nashville's, TEXAS

ATLANTA (AP) — The Georgia district attorney who charged former President Donald Trump over his efforts to overturn the state's 2020 election said Tuesday that she expects his trial will be underway through Election Day next year and could possibly stretch past the inauguration in 2025. Trump and the remaining defendants — including former New York Mayor Rudy Giuliani and former White House chief of staff Mark Meadows — have all pleaded not guilty. And I don’t expect that we will conclude until the winter or the very early part of 2025,” Willis told the newspaper at the The Washington Post’s Global Women's Summit. Political Cartoons View All 1247 Images“I don’t, when making decisions about cases to bring, consider any election cycle or an election season. “The only salient and telling fact is that President Trump left the White House on January 20, 2021 and returned to Mar-a-Lago in Palm Beach, Florida.”

Persons: Donald Trump, Fani Willis, Willis, Trump, Democrat Joe Biden, Rudy Giuliani, Mark Meadows, ” Willis, Scott McAfee, Steve Sadow, Trump's, McAfee, ”, David Shafer, Ellis, Dan Scavino, Chesebro, Biden, Powell, ” Trump, Sadow, “ Organizations: ATLANTA, The Washington Post, Republican, Democrat, New York, White House, Washington, Global Women's, Trump, Prosecutors, ” Former Georgia Republican, White, Mar Locations: The Georgia, Fulton County, Georgia, Arizona, Palm Beach , Florida

☆ US Congress tries to overcome partisan logjam to avert government shutdown
▼ + stars: | 2023-11-14 | by ( David Morgan | ) www.reuters.com time to read: +5 min

REUTERS/Nathan Howard/File Photo Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - U.S. House Speaker Mike Johnson's plan to avert a government shutdown faces a key test on Tuesday, as he tries to overcome hardline opposition from his own Republican conference, even as some Democrats signal tentative support for the measure. Senate Majority Leader Chuck Schumer, Congress' top Democrat, gave a tentative welcome to the proposal on Monday. But House Republican hardliners are threatening to use procedural roadblocks to stop the bill from advancing. With a slim 221-213 majority, the Republican speaker can afford to lose no more than three party votes on legislation that Democrats oppose. They claim the bill also leaves in place policies favored by prominent Democrats including Senate Majority Leader Chuck Schumer and Representative Nancy Pelosi, the former House speaker.

Persons: Mike Johnson, Nathan Howard, Mike Johnson's, Johnson, Joe Biden, Chuck Schumer, Schumer, Chip Roy, Roy, bipartisanship, Nancy Pelosi, Nancy Pelosi's, Andrew Clyde, Biden, McCarthy, David Morgan, Moira Warburton, Scott Malone, Richard Chang Organizations: U.S, Capitol, REUTERS, Rights, ., Republican, Democratic, Republicans, Food and Drug Administration, House, Social Security, Total U.S, Thomson Locations: Washington , U.S, Mexico

WASHINGTON, Nov 13 (Reuters) - U.S. House of Representatives Speaker Mike Johnson's plan to avoid a partial government shutdown secured tentative support from top Senate Democrat Chuck Schumer on Monday, even as some of Johnson's hardline Republican colleagues pushed back against it. Without changes, the Texas Republican said he would oppose efforts to bring the bill to the floor. The bill is intended to pressure the House and Senate to agree on spending bills for fiscal 2024 by the assigned dates. Johnson warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement on full-year spending. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time.

Persons: Mike Johnson's, Chuck Schumer, Schumer, Chip Roy, Roy, Hakeem Jeffries, Kevin McCarthy, Joe Biden, Johnson's, centrists, Mike Johnson, Elizabeth Frantz, Johnson, Good, Marjorie Taylor Greene, Warren Davidson, Scott Perry, Andrew Clyde, Republican George Santos, Perry, Karine Jean, Pierre, Biden, McCarthy, David Morgan, Moira Warburton, Steve Holland, Scott Malone, Andrea Ricci, Richard Chang Organizations: . House, Senate, Texas Republican, Republican, Democratic, U.S . House, U.S, Capitol, REUTERS, Food and Drug Administration, House, White, Caucus, White House, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S

☆ Hardline Republicans push back on US House speaker's plan to avert shutdown
▼ + stars: | 2023-11-13 | by ( David Morgan | ) www.reuters.com time to read: +6 min

The bill is intended to pressure the House and Senate to agree on spending bills for fiscal 2024 by the assigned dates. Johnson warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement on full-year spending. Democrats had worried that Republicans would put defense and other party priorities in the first tranche and then let the remaining programs shut down. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time. The brutal infighting among Republicans this year, including the party's own rejection of three seasoned nominees for House speaker, coincides with falling federal revenues and mounting costs for interest, health and pension outlays.

Persons: Mike Johnson, Elizabeth Frantz, Johnson, Bob Good, Kevin McCarthy, Joe Biden, Johnson's, centrists, Good, Marjorie Taylor Greene, Warren Davidson, Scott Perry, Andrew Clyde, Chip Roy, Republican George Santos, Perry, Chris Murphy, Biden, McCarthy, David Morgan, Scott Malone, Andrea Ricci, Richard Chang Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, Food and Drug Administration, House, White, Caucus, White House, NBC, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S, Washington, Louisiana

☆ Special counsel says Trump seeking 'carnival atmosphere' at 2020 election trial
▼ + stars: | 2023-11-13 | by ( Andrew Goudsward | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., October 25, 2023. Dave Sanders/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - U.S. Special Counsel Jack Smith on Monday accused Donald Trump of seeking to create a “carnival atmosphere” at his upcoming trial on charges that he sought to overturn his 2020 election defeat by calling for the proceedings to be televised. Trump has pleaded not guilty to charges that he conspired to illegally subvert the results of the 2020 election, which he lost to Biden. Trump has pleaded not guilty in the other cases as well. Reporting by Andrew Goudsward; Editing by Scott Malone and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

Persons: Donald Trump, Dave Sanders, Jack Smith, Smith, Trump, Joe Biden's, Biden, Andrew Goudsward, Scott Malone, Lisa Shumaker Organizations: U.S, Trump Organization, Court, Rights, ” Prosecutors, Republican, Prosecutors, Trump, Thomson Locations: New York, Manhattan, New York City, U.S

Homeland Security Secretary Alejandro Mayorkas arrives to testify before the Senate Appropriations committee as lawmakers in the U.S. Congress struggle to reach a deal to head off a looming partial government shutdown less than two weeks away on Capitol Hill in Washington, U.S., November 8, 2023. REUTERS/Julia Nikhinson/File... Acquire Licensing Rights Read moreWASHINGTON, Nov 13 (Reuters) - The U.S. House will vote on Monday whether to advance or block a Republican charge to impeach Homeland Security Secretary Alejandro Mayorkas for allegedly failing in his duty to secure the U.S.-Mexico border. In response to the initial impeachment motion, a U.S. Department of Homeland Security spokesperson said lawmakers should stop "their reckless impeachment charades and attacks on law enforcement" and instead "deliver desperately needed reforms for our broken immigration system." House Republicans have also launched an impeachment inquiry into Biden himself. The probe is focused on the president's son, Hunter Biden, and the White House has denied any wrongdoing.

Persons: Alejandro Mayorkas, Julia Nikhinson, Marjorie Taylor Greene, Joe Biden, Biden's, Donald Trump, Mayorkas, Biden, Trump, Hunter Biden, Moira Warburton, Ted Hesson, Scott Malone, Jonathan Oatis Organizations: Homeland, U.S, Congress, REUTERS, Democratic, Republican, U.S . Department of Homeland Security, Biden, Trump, Republicans, White, Thomson Locations: Washington , U.S, WASHINGTON, Mexico, U.S, Cuba, Haiti, Nicaragua, Venezuela

☆ New US House speaker tries to muster his Republicans to avert government shutdown
▼ + stars: | 2023-11-13 | by ( David Morgan | ) www.reuters.com time to read: +6 min

[1/2] Newly elected Speaker of the House Mike Johnson (R-LA) addresses the U.S. House of Representatives after he was elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. Johnson also warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement. House Republicans are aiming for a Tuesday vote. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time. The brutal infighting that has characterized Republicans this year, including the party's own rejection of three seasoned nominees for House speaker, coincides with falling federal revenues and mounting costs for interest, health and pension outlays.

Persons: Mike Johnson, Elizabeth Frantz, Johnson's, Kevin McCarthy, Joe Biden, Johnson, centrists, Marjorie Taylor Greene, Warren Davidson, Chris Murphy, Murphy, Tom Cole, Biden, McCarthy, Ken Buck, David Morgan, Scott Malone, Andrea Ricci Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, Food and Drug Administration, House, White, Firebrand, NBC, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S, Washington, Louisiana

The logo of Australian energy company Origin is pictured in Melbourne, Australia, July 3, 2016. REUTERS/Jason Reed/File Photo Acquire Licensing RightsSYDNEY, Nov 13 (Reuters) - Australian pension fund AustralianSuper said on Monday it had rejected an "eleventh hour" offer from a Brookfield-led consortium and its partner EIG to drop its opposition to their $10.5 billion bid for Origin Energy and join the takeover. AustralianSuper said it was Origin Energy's largest shareholder, but did not specify the size of its stake as it has done in previous releases. Brookfield argues its bid, which comes with the commitment of A$20 to A$30 billion worth of investment, will decarbonise Origin Energy faster than if the company remains in public hands. However, AustralianSuper said on Monday it was also open to stumping up cash to fund Origin's transition.

Persons: Jason Reed, AustralianSuper, EIG, Luke Edwards, Lewis Jackson, Alasdair Pal, Stephen Coates Organizations: REUTERS, Rights, Origin Energy, Financial, Brookfield, Renewable, Thomson Locations: Melbourne, Australia, Brookfield, Sydney

Eight Republicans joined with 201 Democrats to vote in favor of referring the articles back to the House Homeland Security Committee, which is carrying out its own investigation into Mayorkas' alleged dereliction of duty. Mia Ehrenberg, a spokesperson for the Department of Homeland Security, accused Republicans of "wasting time" on the impeachment. "Secretary Mayorkas continues to be laser-focused on the safety and security of our nation," Ehrenberg said in a statement. The impeachment allegations stem from a Republican assertion that the Biden administration could better manage border security, rather than any criminal offense. House Republicans have also launched an impeachment inquiry into Biden.

Persons: Alejandro Mayorkas, Julia Nikhinson, Marjorie Taylor Greene, Joe Biden, Mayorkas, Greene, Mia Ehrenberg, Ehrenberg, Donald Trump, Biden, Trump, Hunter Biden, Moira Warburton, Ted Hesson, Scott Malone, Jonathan Oatis, Gerry Doyle Organizations: Homeland, U.S, Congress, REUTERS, U.S . House, Republican, Democratic, Eight Republicans, House Homeland Security Committee, Department of Homeland Security, Republicans, Biden, Trump, White, Thomson Locations: Washington , U.S, WASHINGTON, Mexico, Ukraine, U.S, Cuba, Haiti, Nicaragua, Venezuela

COLUMBIA, S.C. (AP) — The Republican Party’s once-crowded 2024 presidential primary field has suddenly shrunk to just a handful of viable candidates. Instead, the fight between Nikki Haley and Ron DeSantis for a distant second place appears to be intensifying. Political Cartoons View All 1244 Images“Now I’m hoping the field clears and it’s Nikki Haley one-on-one with the former president,” Druckenmillier told The Associated Press. Scott entered the 2024 campaign to much anticipation — especially in Iowa — as a close friend to Iowa Sen. Joni Ernst and a devoted evangelical Christian. And his modest share of support in late-summer Iowa polls shrunk by late fall as DeSantis and Haley appeared more viable.

Persons: Republican Party’s, Sen, Tim Scott of, Donald Trump, Nikki Haley, Ron DeSantis, Iowa's Jan, Haley, Scott's, Stanley Druckenmillier, Scott, ” Druckenmillier, Andrew Romeo, Mike Pence, ”, DeSantis, Kim Reynolds, Tim Scott, ” Romeo, “, Nikki Haley’s, Trump, Vivek Ramaswamy, Christie, Doug Burgum, Asa Hutchinson, they're, Pence, Privately, Ron DeSanctimonious, Nikki ‘ Birdbrain ’ Haley, ‘, Tim, ’, ’ ”, Iowa Sen, Joni Ernst, Republican bundler Eric Levine, ” Levine, “ It’s Nikki, Devin O’Malley, Pence’s, He’s, ” O’Malley, ___, Beaumont Organizations: COLUMBIA, Republican, GOP, United Nations, Associated Press, Iowa Gov, New, New Jersey Gov, Christie . North Dakota Gov, Arkansas Gov, Trump, South, Fox News, AP, Iowa GOP, ___ Peoples Locations: Tim Scott of South Carolina, Scott's South Carolina, Florida, Iowa, Alabama, New Jersey, Christie ., New Hampshire, South Carolina, New York, Des Moines , Iowa

☆ House speaker's plan to avoid shutdown meets resistance from both parties
▼ + stars: | 2023-11-12 | by ( David Morgan | ) www.reuters.com time to read: +5 min

"This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories," Johnson said in a statement after announcing the plan to House Republicans in a conference call. The House Republican stopgap contained no supplemental funding such as aid for Israel or Ukraine. She said "House Republicans are wasting precious time with an unserious proposal that has been panned by members of both parties." A stopgap measure would give lawmakers more time to implement full-scale appropriations bills to fund the government through Sept. 30. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease them.

Persons: Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Sarah Silbiger, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Our Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, U.S, Capitol, REUTERS, Caucus, Social Security, Thomson Locations: Israel, Ukraine, Louisiana, Washington , U.S

☆ Biden will push China to resume military ties with US, official says
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. Biden will meet Chinese President Xi Jinping in person for the first time in a year on Wednesday during the Asia-Pacific Economic Cooperation summit in San Francisco. It will be only the second in-person meeting between the two leaders since Biden took office in January 2021. Sullivan said on CNN's "State of the Union" that Biden would seek to "advance the ball" on military ties during his meeting with Xi, but declined to provide further details. President Biden would like to re-establish that," Sullivan said.

Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Jake Sullivan, Biden, it's, Sullivan, Xi, Katharine Jackson, Arshad Mohammed, Andrea Shalal, Scott Malone, Grant McCool Organizations: REUTERS, Rights, White House, Biden, Economic Cooperation, U.S, CBS, Thomson Locations: Bali , Indonesia, China, Asia, San Francisco, Israel, Ukraine, North, Russia, Taiwan, U.S, United States, Beijing

Livent CEO Paul Graves will take the top job at the newly minted Arcadium Lithium, if Allkem shareholders vote for the deal on Dec. 19. Merging the two companies would create the world's third-largest lithium producer by volume with assets spanning Australia, Canada and Argentina. Graves has said that one of his first priorities would be expanding Arcadium's footprint in Western Australia's world-class lithium districts. Under the deal, Allkem shareholders will get one share in the combined entity for each of their shares and the company will ultimately own 56% of the new firm. Livent shareholders will get 2.406 shares in the new firm, which will be called Arcadium Lithium, for each existing share.

Persons: Arcadium, Paul Graves, Kroll, Chile's, Graves, Albemarle, Livent Corp, Livent, Allkem, Scott Murdoch, Melanie Burton, Robert Birsel Organizations: JV, SYDNEY, Albemarle Corp, Liontown Resources, Hancock, Livent, FMC Corp, Galaxy Resources, Thomson Locations: Australia, U.S, Canada, Argentina, Western Australia, Sydney, Melbourne

☆ US does not want to see firefights in Gaza hospitals, Sullivan says
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

White House National Security Advisor Jake Sullivan speaks during a press briefing at the White House in Washington, D.C., U.S., September 15, 2023. "The United States does not want to see firefights in hospitals where innocent people, patients receiving medical care, are caught in the crossfire and we've had active consultations with the Israeli Defense Forces on this," Sullivan told CBS News' "Face the Nation" program. Al-Shifa and other hospitals in northern Gaza, the focus of Israel's month-old war to wipe out Hamas and free hostages held by the militants, are barely able to care for patients. Sullivan said that open-source information indicated that "Hamas is using hospitals as it uses many other civilian facilities, for command and control, for weapons storage, to house its fighters. He also said the United States continues to move U.S. citizens out of Gaza.

Persons: Jake Sullivan, Sarah Silbiger, we've, Sullivan, Arshad Mohammed, Katharine Jackson, Scott Malone, Hugh Lawson Organizations: White, National, Washington , D.C, REUTERS, Rights, United, CBS News, Israeli Defense Forces, CBS, Thomson Locations: Washington ,, United States, Gaza, Al

☆ Five US Service Members Killed in Aircraft Crash in Mediterranean -Defense Department
▼ + stars: | 2023-11-12 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) -Five U.S. service members were killed on Friday when their aircraft crashed into the Mediterranean Sea during a refueling training mission, the U.S. Defense Department said on Sunday. Search and rescue operations involving nearby U.S. military aircraft and ships immediately followed the crash and an investigation into its cause is under way, U.S. European Command said in a statement. U.S. European Command, which handles American military operations in Europe and parts of the Middle East, reported the accident on Saturday. "We can definitively say that the aircraft sortie was purely related to training and there are no indications of hostile activity," it said. Identities of the victims will not be released until next of kin notifications are completed, the command said.

Persons: Joe Biden, Katharine Jackson, Andrea Shalal, Scott Malone, Grant McCool, Sandra Maler Organizations: WASHINGTON, U.S, U.S . Defense, U.S . European Command Locations: U.S, Israel, Europe

☆ US House Republicans eye plan to avert government shutdown as Moody's warns
▼ + stars: | 2023-11-11 | by ( David Morgan | ) www.reuters.com time to read: +5 min

The White House sought to pin blame for the outlook change, which cited the high deficit and rising interest rates, on Republicans. "Moody's decision to change the U.S. outlook is yet another consequence of congressional Republican extremism and dysfunction," White House spokesperson Karine Jean-Pierre said. House Republicans hope to vote on Tuesday on a stopgap measure, which could extend discretionary funding for federal agencies into mid-January. Representative Chip Roy, a prominent member of the hardline House Freedom Caucus, said he could accept a stopgap measure that also contains aid to Israel in its war with Hamas. McCarthy opted for the bipartisan route after hardliners blocked a Republican stopgap measure with features intended to appease the party's far right.

Persons: Mike Johnson, Sarah Silbiger, Moody's, Andy Harris, Karine Jean, Pierre, Joe Biden, Tom Cole, Cole, Johnson, Chip Roy, Roy, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Scott Malone, Daniel Wallis Organizations: U.S, Capitol, REUTERS, Rights, . House, Republicans, AAA, Republican, White, Democratic, Caucus, Texas Republican, Social Security, Thomson Locations: Washington , U.S, U.S, Mexico, Washington, Israel, Ukraine

☆ US House Speaker Johnson Floats Two-Step Measure to Avert Gov't Shutdown
▼ + stars: | 2023-11-11 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +5 min

Persons: David Morgan WASHINGTON, Mike Johnson, Johnson, Republican stopgap, Joe Biden, Karine Jean, Pierre, centrists, Chip Roy, Roy, Brian Schatz, Schatz, Biden, Johnson's, Kevin McCarthy, McCarthy, David Morgan, Timothy Gardner, Scott Malone, Daniel Wallis, David Gregorio Organizations: . House, Republican, Republicans, Democratic, White, AAA, ., Louisiana Republican, Food and Drug Administration, Caucus, Social Security Locations: Israel, Ukraine, Louisiana

Senator Joe Manchin, a maverick who has often bucked party leadership in the past two years, said on Thursday that he will not seek re-election, hurting Democrats' chance of defending their thin Senate majority in the 2024 election. The move by the 76-year-old lawmaker will make it very difficult for Democrats to defend his West Virginia seat. "We like our odds in West Virginia," Senator Steve Daines, the head of Republican senators' campaign arm, said in a statement. David Bergstein, a spokesperson for the Senate Democrats' campaign arm, said the party was confident in its chances of strengthening its majority. Manchin has insisted that his only motivation is the coal-producing state of West Virginia and an eye on fiscal responsibility.

Persons: Joe Manchin, Manchin, Republican Donald Trump, Democrat Joe Biden, Steve Daines, Biden, Trump, David Bergstein, Matt Bennett, he's, Bennett, Julia Nikhinson, Jim Justice, Justice, Biden's, Kyrsten Sinema, Roe, Wade, Mitt Romney, Moira Warburton, Jasper Ward, Makini Brice, Richard Cowan, Jason Lange, David Morgan, Scott Malone, Alistair Bell, Daniel Wallis Organizations: Democratic U.S, United States Senate, Republican, Democrat, Democratic Party, White, Reuters, Biden, Democrats, Trump, Senate Democrats, U.S, Congress, REUTERS, SEAT West Virginia's Republican, Democratic, Charleston Gazette, Thomson Locations: West Virginia, Montana and Ohio, Pennsylvania, Arizona, Democratic, Washington , U.S, Washington, America, Jasper

☆ AstraZeneca adds player to obesity drug race, but Eli Lilly remains in the lead
▼ + stars: | 2023-11-10 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Eli Lilly (LLY) remains our favorite way to play the weight-loss drug market, despite a new entry this week from AstraZeneca (AZN). Eli Lilly shares had their worst day of the year Thursday, falling 4.5% in the session to close at $591.32. AstraZeneca's encroachment on turf currently dominated by Eli Lilly and Danish rival Novo Nordisk (NVO) may have contributed to Thursday's declines. That approval, despite being widely expected, pushed Eli Lilly to an all-time closing high Wednesday, at $619.13 per share. Our desire to own Eli Lilly over Novo Nordisk hinges, in part, on our confidence in Eli Lilly's other treatment opportunities, such as in Alzheimer's.

Persons: Eli Lilly, Jim Cramer, Jim, Lilly's, Eli Lilly's tirzepatide, Zepbound, Novo's, Eli Lilly's, Eli Lilly's GLP, Dave Ricks, Lilly, Ricks, AstraZeneca's, ECC5004, retatrutide, Jim Cramer's, David Ricks, Eli Lilly Scott Mlyn Organizations: AstraZeneca, Novo Nordisk, American Heart Association, Novo Nordisk's semaglutide, CNBC, Reuters, Citigroup Locations: Danish, GLP, North Carolina, Novo, Denmark, Zepbound, Alzheimer's

☆ United and Rashford unhappy with striker's form says Ten Hag
▼ + stars: | 2023-11-10 | by ( Lori Ewing | ) www.reuters.com time to read: +3 min

MANCHESTER, England, Nov 10 (Reuters) - Manchester United and Marcus Rashford are unhappy with his recent performances manager Erik ten Hag has said after the striker's red card contributed to their midweek Champions League loss but the Dutchman believes he will rediscover his form. "We have to win every game, so we are very disappointed if losing any game," Ten Hag said. It's always about being in the process, thinking about the process, and then it's about managing their process. Ten Hag, whose performance as manager has been called into question during his side's poor run of form, was asked if he trusts his players as United flopped after Rashford's red card. Bruno Fernandes scored in added time in United's 1-0 win at Fulham last Saturday that allowed Ten Hag to breathe easy for one night at least.

Persons: Marcus Rashford, Erik ten Hag, FC Copenhagen's Elias Jelert, Marcus, Rashford, Ten Hag, United's, It's, Bruno Fernandes, Scott McTominay, Lori Ewing, Ken Ferris Organizations: Manchester United, Champions League, FC Copenhagen's, Premier League, United, LUTON, Old, Luton Town, Liverpool, Manchester City, England, Brentford, Fulham, Thomson Locations: MANCHESTER, England, Old Trafford, Copenhagen, Fulham

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSYDNEY, Nov 9 (Reuters) - Proxy advisor CGI Glass Lewis on Thursday recommended Origin Energy (ORG.AX) shareholders vote in favour of a $10.5 billion bid from a consortium led by Canada's Brookfield (BN.TO), despite opposition from the target's largest shareholder. Brookfield and EIG Partners last week offered a "best and final" A$9.53 per share for Origin after raising a previous bid. Australia's largest pension fund AustralianSuper opposes the offer and intends to use its 15% stake to vote against the deal at a Nov. 23 shareholder meeting. Origin Energy shares traded 1.9% higher at A$8.905 at 2 p.m. AEDT (0300 GMT) and are up 5.1% since the close of trade on Nov. 2, when AustralianSuper rejected the improved offer. Reporting by Scott Murdoch and Lewis Jackson; Editing by Leslie Adler and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Glass, Canada's Brookfield, AustralianSuper, Glass Lewis, Scott Murdoch, Lewis Jackson, Leslie Adler, Jamie Freed Organizations: Brookfield, REUTERS, Rights, Energy, EIG Partners, Services, Origin Energy, Australia Pacific LNG, Thomson Locations: Brookfield, Australia

☆ Asian shares rise as S&P 500 records longest win streak in two years
▼ + stars: | 2023-11-09 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was flat, although up 4.6% so far this month. The dollar index , which tracks the greenback against a basket of currencies of other major trading partners, was down slightly at 105.52. On Wall Street, the S&P 500 (.SPX) rose 0.10% and the Nasdaq Composite (.IXIC) added 0.08%. The S&P 500 rose for the eighth consecutive day, extending its longest win streak in two years. In Asia on Thursday, U.S. crude and Brent crude both rose 0.8% following the weak performance in the U.S. session.

Persons: Kim Kyung, Ping, Brent, Gold, Scott Murdoch, Tom Hogue Organizations: Nikkei, REUTERS, Rights, CPI, ANZ, Reuters, Ping An Insurance Group, Garden Holdings, HK, Ping An, U.S, U.S . Federal, Nasdaq, Dow Jones, Federal Reserve, Thomson Locations: Tokyo, Japan, Asia, Pacific, U.S, U.S ., China

☆ US House Republican spending plan hits new snag as shutdown looms
▼ + stars: | 2023-11-09 | by ( David Morgan | ) www.reuters.com time to read: +4 min

Lawmakers said they expect the Louisiana Republican to unveil a continuing resolution or "CR" to avert a partial government shutdown as late as Saturday. Johnson can afford to lose no more than four Republican votes from his slim 221-212 House majority on legislation opposed by Democrats. But he is under pressure from Republican hardliners to lumber any CR with spending cuts and policy riders Democrats uniformly reject. "If there's any kind of CR, there has to be spending reductions," Representative Chip Roy, a prominent conservative, told reporters. House Republicans are trying to pass a full slate of 12 appropriations bills for fiscal 2024, which began on Oct. 1.

Persons: Julia Nikhinson, Mike Johnson, Joe Biden, Biden, Chuck Schumer, Johnson, Chip Roy, Tom Cole, Cole, We've, Steve Womack, Republican centrists, Kevin McCarthy, McCarthy, It's, Ralph Norman, David Morgan, Nandita Bose, Susan Heavey, Scott Malone, David Gregorio, Mark Porter Organizations: U.S, Capitol, Congress, REUTERS, Rights, . House, White, Treasury, Lawmakers, Louisiana Republican, Democratic, Republican, House Republicans, Internal Revenue Service, District of, Food and Drug Administration, Amtrak, Biden, Republicans, Caucus, Thomson Locations: Washington , U.S, Louisiana, Washington, District of Columbia

☆ Trump ally Bannon to ask court to overturn contempt of US Congress conviction
▼ + stars: | 2023-11-09 | by ( Andrew Goudsward | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

His lawyers and federal prosecutors are set to argue before a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit. Bannon was sentenced by Nichols in October 2022 to four months in prison and a $6,500 fine. Bannon, an influential right-wing media provocateur, served as Trump's chief White House strategist during 2017 before a falling out between them that was later patched up. Trump supporters assaulted police, stormed barricades and swarmed the Capitol in a failed bid to prevent congressional certification of Biden's victory. The House committee disbanded at the end of 2022 without getting information from Bannon.

Persons: Steve Bannon, Donald Trump, Bannon, Trump, Carl Nichols, Nichols, Democrat Joe Biden, Andrew Goudsward, Will Dunham, Scott Malone Organizations: White House, U.S . Capitol, U.S, U.S ., Appeals, District of Columbia Circuit, Democratic, Prosecutors, District, White, Democrat, Republican Trump, Capitol, Thomson Locations: Washington , U.S, WASHINGTON

Search resuls for: "Scott M"

25 mentions found