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☆ What is a kibbutz? A brief history of the communes targeted in the Hamas terror attack
▼ + stars: | 2023-10-11 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +5 min

This July 1938 shows workers in the orange grove of the Na'an kibbutz. Deganya, which is still inhabited today, is considered Israel’s first kibbutz. But the kibbutzniks, as kibbutz residents are known, are still largely viewed as left-leaning. Israeli forces extract dead bodies of Israeli residents from a destroyed house in Kfar Aza on Tuesday. Neta is missing from Be’eri kibbutz, a community of about 1,000 near Gaza known for its successful printing press and art galleries, where more than 100 bodies have been found.

Persons: Kluger Zoltan, Israel, Bernie Sanders –, Ilan Troen, Deborah Matias, Hayim Katsman, ”, Adrienne Neta, Be’eri “, ’, Ilia Yefimovich, Katsman, Britney Spears, Rihanna, Justin Timberlake, Kfar Aza, “, Jonathan Conricus Organizations: CNN, Jewish Virtual Library, Bettmann, Volunteers, Jewish Agency for Israel, West Bank, Brandeis University, Israel Locations: Galilee, Europe, Ottoman, AFP, Israel, Thailand, Jerusalem, Gaza, Massachusetts, Kfar Aza, Be’eri

☆ Bernie Sanders says Israel is violating international law with blockade on 'open-air prison' in Gaza
▼ + stars: | 2023-10-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Sen. Bernie Sanders is calling for restraint in the wake of Hamas's attack on Israel. He says the Jewish state is violating international law by imposing a punishing blockade on Gaza. Sanders, a two-time presidential candidate, is one of the most prominent Jewish politicians in the US. AdvertisementAdvertisementIn one of the most strident criticisms of Israel yet by a prominent American politician, Sen. Bernie Sanders of Vermont is accusing Israel of violating international law. Following Hamas's terrorist attack on Israel over the weekend, Israeli Defense Minister Yoav Gallant announced a "complete siege" of Gaza, the densely-populated territory where Gaza rules.

Persons: Sen, Bernie Sanders, Sanders, —, Israel, Yoav Gallant, Gallant, gunning, Joe Biden Organizations: Service, Israeli, Capitol, Israel, West Bank Locations: Israel, Gaza, American, Vermont, Geneva, America, Washington

Another conceded that Kennedy could be a real threat to Trump, particularly when it comes to vaccines. They’re less likely to answer the phone for pollsters.”Trump had initially praised Kennedy after he launched his Democratic primary bid. The Biden campaign declined to comment. Third Way, which has been leading the charge against No Labels for Democrats, has had only informal and indirect contact with the Biden campaign and the president’s top advisers. The DNC’s involvement so far has been participating in a couple of video calls Third Way has hosted with groups of state Democratic Party officials, according to Matt Bennett of Third Way.

Persons: Robert F, Kennedy Jr, Joe Biden, Donald Trump, Biden, Trump, Kennedy, Cornel West, Trump Republicans eyeing, “, ” “, ” Trump, Steven Cheung, “ …, Megyn Kelly, ”, They’re, Kennedy’s, we’re, ” Matt Wilhelm, “ I’m, West’s, George W, Ralph Nader, ” Nader, Nader, “ I’ll, Peter Daou, Daou, Vermont Sen, Bernie Sanders, Sanders, Matt Bennett, “ I’ve, I’ve, Virginia Sen, Joe Manchin, Nancy Jacobson Organizations: CNN, GOP, Democratic, Trump Republicans, Voters, Republican National, RFK, White, Trump, Fox News, “ Granite, New Hampshire House, RNC, Democratic National Committee, Biden, West, Green Party, Green, Washington Post, Democratic Party, Greens, Vermont, West’s Green Party, ” Locations: Ukraine, New Hampshire, West, Virginia

☆ Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
▼ + stars: | 2023-10-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

"We do not see a path forward for legislation to cap credit card interest rates," Seiberg said. There are 70 million more credit card accounts open now than in 2019, it said. Credit card interest rates have predominantly remained below 36% due to "self-restraint" by banks, though that's still "extremely high" for a credit card, said Lauren Saunders, associate director at the National Consumer Law Center. I think some of the [political] lines are starting to blur a little bit, at least on credit card issues. How to reduce your personal card rate to 0%Rossman's general advice to consumers: Make your personal credit card rate 0%.

Persons: Luis Alvarez, Rossman, Seiberg, There's, that's, Lauren Saunders, Ted Rossman, Sen, Bernie Sanders, Alexandria Ocasio, Glenn Grothman, Grothman, Hawley Organizations: Digitalvision, Getty, Cowen Washington Research Group, Republican, Federal Reserve Bank of New, Federal Reserve, National Consumer Law Locations: Federal Reserve Bank of New York, Alexandria, Cortez, Jesús, Chuy, García

☆ Rep. Rashida Tlaib speaks out on violence in Gaza, calling for an end to 'apartheid' and US funding of Israel
▼ + stars: | 2023-10-09 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Rep. Rashida Tlaib released a statement mourning the loss of lives in Gaza and Israel. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementAmid an escalation of violence between Israel and Palestine , Representative Rashida Tlaib — the only Palestinian-American member of Congress — called for an end to US support for Israel. On Sunday, Prime Minister Benjamin Netanyahu formally declared war on Palestinian militant group Hamas following a surprise attack on Saturday from Gaza.

Persons: Rashida Tlaib, —, Tlaib, Israel's, Bernie Sanders, Benjamin Netanyahu Organizations: The Palestinian, Service, Israel, Congressional Progressive Caucus, United Nations, Hamas, Palestinian Health Ministry Locations: Gaza, Israel, The, Palestine, Palestinian, United

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.

Persons: Hakeem Jeffries, “, Steve Scalise, ” Kevin McCarthy, ” Chuck Schumer, –, Herzog –, ” Mitch McConnell, ” Tom Emmer, ” Katherine Clarke, ” Dick Durbin, ” John Thune, ” Sen, Debbie Stabenow, Michigan Democrat “, Israel, Amy Klobuchar, Mark Warner, Elizabeth Warren, Massachusetts Democrat “, Bernie Sanders, Cory Booker, Cory Booker , New Jersey Democrat “, Joe Manchin, West Virginia Democrat “, Tammy Baldwin, Wisconsin Democrat “, Gary Peters, Gary Peters , Michigan Democrat “, Catherine Cortez Masto, Brian Schatz, Hawaii Democrat “, Jeff Merkley, Oregon Democrat “, John Barrasso, Joni Ernst, Iowa Republican “, Sen, Shelley Moore Capito, West Virginia Republican “, Steve Daines, Montana Republican “, Mike Lee, Mike Crapo, Chuck Grassley, Tommy Tuberville, Katie Britt, Lisa Murkowski, Dan Sullivan, Kyrsten, Mark Kelly, John Boozman, Tom Cotton, Arkansas Republican “, Alex Padilla, Laphonza Butler, California Democrat “, today’s, Michael Bennet, Colorado Democrat “, John 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

☆ New U.A.W. Chief Has a Nonnegotiable Demand: Eat the Rich
▼ + stars: | 2023-10-05 | by ( David Streitfeld | More About David Streitfeld | ) www.nytimes.com time to read: +1 min

Nelson Lichtenstein, a labor historian, said he saw Mr. Fain as a throwback. leadership in a long while, reaching back to the 1930s and 1940s,” Mr. Lichtenstein said. Dr. Martin Luther King Jr. and the “pyramid of success” developed by John Wooden, the coach who produced a U.C.L.A. Mr. Fain copes with stress by working out and listening to music, cranking up selections from the entire spectrum — hip-hop, ’80s rock, Metallica, Frank Sinatra. He’s still getting used to the job, and to the fact that Shawn Fain from Kokomo Local 1166 is the U.A.W.

Persons: Nelson Lichtenstein, Fain, ” Mr, Lichtenstein, Bernie Sanders, Walter Reuther, Martin Luther King Jr, ”, John Wooden, Patrick Anderson, cranking, Frank Sinatra, He’s, Shawn Fain, U.A.W Organizations: Anderson Economic Group Locations: Vermont, East Lansing, Mich, Kokomo

☆ A majority of Americans in a new poll back the UAW's unprecedented auto strike as GOP union support grows
▼ + stars: | 2023-10-05 | by ( Nora Naughton | Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

It's indicative of a shift in how Americans view the labor movement in the post-COVID-crisis era. In a Reuters-Ipsos poll of Americans, some 58% of respondents said they supported the United Auto Workers union's strike at the Big Three Detroit car manufacturers. AdvertisementAdvertisementAside from this strike, support for labor unions has been increasing on the right. The UAW's strike represents a culmination of issues that have come to a head in the post-COVID-crisis labor movement, labor experts told Insider. Now even some Republican elected officials are showing up to support UAW workers' demands — even if they don't necessarily agree with its leadership.

Persons: Biden, —, Joe Biden, Alice Stewart, John Drake —, Chamber of Commerce —, Shawn Fain, Fain, Sen, Bernie Sanders, Sanders, Kate Andrias, JD Vance, Ford, Christian Sweeney, he'd, Sweeney, Drake, Carolyn Nippa, Nippa, we're, Jason Miller, Andrias Organizations: Service, Reuters, United Auto Workers, Big, Big Three Detroit, Ford, General Motors, Gallup, Metro Detroit, CNN, Chamber of Commerce, Columbia University, Republican, GM, AFL, Bureau of Labor Statistics, UAW, Michigan State University Locations: Big Three, Metro, Detroit, Ohio, China

☆ Joe Biden has a decision to make about Julian Assange
▼ + stars: | 2023-10-01 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +26 min

A small group of lawyers and media executives gathered in a well-appointed back room to listen to Gabriel Shipton, Assange's half-brother. In the case of Vault 7, WikiLeaks' source turned out to be a disgruntled former C.I.A employee. AdvertisementAdvertisementIn New York, Gabriel Shipton, Assange's half-brother, declined to rule out the possibility of a plea deal. Every time the Australian government raises this issue, the Chinese government puts out a statement about Julian Assange. Senator Peter Whish-Wilson, right, was part of a delegation of Australian officials in the US to press for the release of Julian Assange.

Persons: Julian Assange, Assange, Gabriel Shipton, Tucker Carlson, Tucker, Shipton, he'd, Anthony Albanese, Joe Biden, Monique Ryan, Albanese, Mike Pompeo, Caroline Kennedy, Der Spiegel, El Pais, David Hicks, Julian, John Shipton, Assange's, John, Gabriel, Brett Assange, Peter Whish, Wilson, We've, Robert Carr, Chelsea Manning's, Obama, We're, Cheng Lei, —, Chelsea Manning, Manning, What's, Julian Assange's, John MacDougall, …, they'd, he's, John Young, Laura Poitras's, Mueller, Robert Mueller's, John Podesta's, Bernie Sanders, John Koeltl, They've, Donald, Trump, we've, James Comey, Hillary Clinton, He's, I'm, Yevgeny Prigozhin's Wagner, I've, Putin, exfiltrate Assange, Julian wasn't, Dana Rohrabacher, Rohrabacher, Jennifer Robinson, Tracey Nearmy, we'd, Marjorie Taylor, Greene, Antony Blinken, Biden, Mattathias Schwartz Organizations: United Nations General Assembly, WikiLeaks, Washington Post, Washington, DOJ, The Washington, Australia's Labor Party, New, Biden, Senate Intelligence, Justice Department, New York Times, Guardian, Chelsea, Pentagon, Getty, Justice, The State Department, Laura Poitras's WikiLeaks, State Department, DNC, Democratic, Committee, Democratic National Convention, of, Russian Federation, Novaya Gazeta, Trump, CIA, The Justice Locations: New York, London, Assange's, Pacific, Ecuadorian, Washington, Russia, Australia, Shipton, Brig, Chelsea, Iraq, Australian, China, American, Moscow, Getty Shipton, … Shipton, Cryptome, There's, Southern, of New York, Russian, Ukrainian, Ukraine, Panama, schwartz79@protonmail.com

☆ Starbucks violated labor law when raising wages for non-union employees, judge finds
▼ + stars: | 2023-09-29 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +5 min

New York CNN —Starbucks violated federal labor law when it increased wages and offered new perks and benefits only to non-union employees, a National Labor Relations Board judge found Thursday. The decision is the latest in a series of NLRB rulings finding that Starbucks has violated labor law in its efforts to stop unions from forming in its coffee shops. Last year, Starbucks announced that it would raise wages for non-union employees, and offer them other new benefits. Starbucks should also post a notice in its cafes telling workers that the NLRB found Starbucks had violated federal labor law, and detailing employee rights, she said. Thursday’s decision was “a massive victory for Starbucks workers,” Starbucks Workers United, which has been leading the union charge, said in a statement to CNN.

Persons: “, ”, Mara, Louise Anzalone, Lindsay DeDario, Howard Schultz, Anzalone, Justin Sullivan, Rachel Wall, Bernie Sanders, Schultz, ” Howard Schultz, Anna Moneymaker Organizations: New, New York CNN, National Labor Relations, Starbucks, Reuters, ” Workers, NLRB, CNN, Health, Education, Labor, Getty, Starbucks Workers Locations: New York, Buffalo , New York, ”, San Francisco , California, Dirksen, Washington , DC

☆ Menendez to address Senate Democrats as most of them urge he resign after bribery charges
▼ + stars: | 2023-09-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Senator Bob Menendez and his wife Nadine Menendez (not seen) depart a Manhattan court after they were arraigned on federal bribery charges in New York, September 27, 2023. Sen. Bob Menendez of New Jersey plans to speak privately Thursday to fellow Senate Democrats as more than half of their 51-member caucus has called for his resignation over bribery allegations. Majority Leader Chuck Schumer of New York has yet to ask Menendez to quit. But Schumer told reporters Wednesday, "We'll see what happens after" Menendez speaks to the caucus at a closed-door lunch on Capitol Hill. Menendez, 69, last week was charged with conspiracy to commit bribery and other charges with his wife, Nadine, and three New Jersey businessmen.

Persons: Bob Menendez, Nadine Menendez, Sen, Chuck Schumer, Menendez, Schumer, John Fetterman of, Nadine, Bernie Sanders, Menedez, Dick Durbin of, Debbie Stabenow of, Patty Murray Organizations: Bob Menendez of New, Democrat, Jersey businessmen, Prosecutors, Benz, Democratic, Dick Durbin of Illinois, Pro Tempore Locations: Manhattan, New York, Bob Menendez of, Bob Menendez of New Jersey, York, John Fetterman of Pennsylvania, Jersey, Vermont, Debbie Stabenow of Michigan

☆ UAW strike: Biden, Trump seek blue-collar votes in swing state Michigan
▼ + stars: | 2023-09-26 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

President Joe Biden is expected to visit a picket line Tuesday in the Great Lake State following a public invitation Friday from UAW President Shawn Fain. UAW members Niko Shinn (front) and Darius Collier (back) walk a picket line on Sept. 25, 2023 outside a Mopar facility owned by automaker Stellantis in Centerline. Fain has appeared with the independent senator from Vermont in Washington, D.C., and during a recent UAW rally in Detroit. Trump led Biden 46% to 43% among union members in an August survey, after Biden led Trump 51 % to 42% in June, according to Bernie Porn, president of EPIC·MRA. "With union members, he has been so supportive of just about everything that union members want.

Persons: Rebecca Cook, Joe Biden, Shawn Fain, Donald Trump, Leah Millis, Trump, Darius Collier, Collier, Stellantis, They've, Biden, Fain, Mark Burton, Gretchen Whitmer, Niko Shinn, Michael Wayland, Whitmer, Debbie Dingell, Sen, Bernie Sanders, Sanders, Fain's, who's, Bernie Porn, Trump's, Jamie Roe, Scott Olson Organizations: GM, United Auto Workers, Louisville Kentucky, Reuters DETROIT, General Motors, Ford Motor, Air Force, Joint Base Andrews, Reuters Biden, Biden, Trump, White, UAW, Michigan Gov, Democrat, Stellantis, CNBC Michigan, U.S . Rep, Washington , D.C, Detroit automakers, GOP, Trump's, Drake Enterprises, Republican, Plant, Getty Locations: Louisville, Detroit , Michigan, Michigan, Great Lake State, Clinton Township , Michigan, U.S, Joint Base Andrews , Maryland, . Michigan, Vermont, Washington ,, Detroit, Macomb County , Michigan, United States, Ford's Wayne, Wayne , Michigan

☆ US senators pressure Treasury to get more aggressive on climate crisis risks
▼ + stars: | 2023-09-25 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.? REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON, Sept 25 (Reuters) - Elizabeth Warren, Bernie Sanders and four other U.S. senators are pressuring the U.S. Treasury Department to step up oversight and offer more guidance to financial institutions on addressing climate change risks threatening the U.S. financial system. The senators called on Treasury Secretary Janet Yellen and newly appointed climate counselor Ethan Zindler, a climate and clean energy research executive, to do more to protect the U.S. economy from what Yellen has described as the "existential threat" posed by climate change. The senators said they were particularly concerned about nonbank financial institutions, which also played a critical role in the 2008 global financial crisis, and said the FSOC should finalize and immediately implement a new analytic risk framework for climate-related financial risks. They also repeated earlier calls for stronger Internal Revenue Service enforcement of rules on political activity by nonprofit organizations, citing efforts by special interests to fuel climate change denial, and investigations into how such funding could be obstructing more action on the climate crisis.

Persons: Kevin Lamarque, Elizabeth Warren, Bernie Sanders, Warren, Martin Heinrich, Edward Markey, Sheldon Whitehouse, Jeffrey Merkley, Sanders, Janet Yellen, Ethan Zindler, Yellen, Andrea Shalal, Deepa Babington Organizations: Department of, U.S . Treasury, REUTERS, Rights, U.S . Treasury Department, Treasury, Democratic, Reuters, Internal Revenue Service, Thomson Locations: Washington , U.S, U.S

☆ America’s Increasing Child Poverty Is a Policy Choice - The New York Times
▼ + stars: | 2023-09-25 | by ( Nikhil Goyal | ) www.nytimes.com time to read: +3 min

The bathtub was at risk of falling through the cracked ceiling into the kitchen. Tasting something metallic, he touched his lip, and in the glow of his phone screen he could see that his finger was stained with blood. Tens of millions of Americans were kept out of poverty and economic insecurity as a result; in another world, a younger Emmanuel could have been one of them. The stark relief that pandemic programs brought to families is proof that poverty is not an intractable problem when there is sufficient political will. We should recommit to finishing the job and passing an agenda that will reduce child poverty and make life more affordable.

Persons: Emmanuel Coreano, Emmanuel, “, ” Emmanuel, Donald Trump, Joe Biden, Amartya Sen, Bernie Sanders, Organizations: El Centro de Estudiantes, New, Senate Locations: Puerto Rican, Kensington

☆ If Bob Menendez wanted to legally get rich while being a senator, he could've just written a more popular book
▼ + stars: | 2023-09-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Sen. Bob Menendez took bribes of cash, gold, and other luxury items, according to a new indictment. But there's a way more legal way to make money as a senator — just write a best-selling book! AdvertisementAdvertisementBut there's a totally legal way to make extra money — sometimes way more money than the $174,000 salary — as a sitting member of Congress. That would seem to indicate that Menendez's book wasn't exactly a cash cow for him. Perhaps if he had run for president, as many of the top book-sellers in the Senate have, he could've written another book and made more money, the legal way.

Persons: Sen, Bob Menendez, —, Menendez, hasn't, Nadine, Mercedes, It's, Democratic Sen, Raphael Warnock of, Republican Herschel Walker, Bernie Sanders, Eva Longoria, Kris Connor, Peter Eisner Organizations: Service, New, New Jersey Democrat, Benz, Democratic, Republican, Capitol, National Museum of Locations: Wall, Silicon, New Jersey, Egypt

☆ Republicans leave Ukraine, weed, crypto in limbo
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

U.S. House Speaker Kevin McCarthy speaks with reporters at the U.S. Capitol in Washington, U.S. September 20, 2023. REUTERS/Jonathan Ernst Acquire Licensing RightsNEW YORK, Sept 21 (Reuters Breakingviews) - Legislative casualties of U.S. Congress’s budget fight are emerging. His caving to extreme members of the party augurs poorly for measures like Ukraine aid and cannabis banking. Republicans including Representative Matt Gaetz and Representative Andy Biggs have already denied calls for new Ukraine aid. By siding with further-right members, McCarthy gives them more power to hold the line.

Persons: Kevin McCarthy, Jonathan Ernst, Joe Biden, Biden, McCarthy, Matt Gaetz, Andy Biggs, Ben Winck, Bernie Sanders’s, Lauren Silva Laughlin, Sharon Lam Organizations: U.S, Capitol, REUTERS, Reuters, Republican, Wednesday, Banking, X, Thomson Locations: Washington , U.S, U.S, Ukraine, Washington

☆ Cazoo’s debt fix points to bumpy ride
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

That’s not the fate of shareholders in UK-based and U.S.-listed Cazoo (CZOO.N), which has just announced a brutal debt restructuring. Under the deal announced on Wednesday, bondholders will swap $630 million of convertible notes for $200 million of fresh debt and a large slug of the equity. The debt cut will do little to fix Cazoo’s rickety engine. Although the company had 195 million pounds of cash at the end of June, it burnt through over 50 million pounds in the previous six months. And revenue this year is expected to fall nearly 40%, as customers racked by high interest rates tighten their belts.

Persons: That’s, Cazoo, Aimee Donnellan, Bernie Sanders’s, Neil Unmack, Oliver Taslic Organizations: Reuters, Thomson Locations: U.S

☆ Pearson’s pricey CEO will rile shareholders
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

LONDON, Sept 20 (Reuters Breakingviews) - Pearson (PSON.L) is baiting shareholders with its choice of new CEO. The 57-year-old will receive 13 million pounds’ worth of cash and restricted shares on top of his normal pay as compensation for leaving Microsoft. Such generosity is questionable considering that in April nearly half of the London-listed company’s shareholders voted against a pay package of more than 8 million pounds for Bird. Despite its greater digital focus, Pearson’s revenue is expected to flatline over the next three years, LSEG forecasts show. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Pearson, Andy Bird, Omar Abbosh, There’s, Aimee Donnellan, Bernie Sanders’s, Francesco Guerrera, Oliver Taslic Organizations: Reuters, Microsoft, Disney, X, Thomson Locations: London

☆ Disney’s theme parks reveal shrunken treasure
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Acquire Licensing RightsNEW YORK, Sept 20 (Reuters Breakingviews) - Bob Iger can’t get off the roller coaster. Walt Disney’s (DIS.N) chief executive plans to double the Magic Kingdom’s investment in theme parks and other experiences to $60 billion over the course of about 10 years. On the other, Disney’s dwindling cash and the increasing demands for it is cause for concern. One issue is that Disney’s free cash flow has plummeted. No wonder adding theme parks to the list is making shareholders skittish.

Persons: Bob Iger can’t, Walt Disney’s, Iger, Jennifer Saba, Bernie Sanders’s, Jeffrey Goldfarb, Sharon Lam Organizations: Writers Guild of America, Walt Disney Studios, Reuters, Disney, Comcast, Pearson’s, Thomson Locations: Burbank , California, U.S, Hulu

☆ UK disinflationary shock sharpens Bailey’s dilemma
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Governor of the Bank of England Andrew Bailey speaks as he attends a press conference for the Monetary Policy Report August 2023, at the Bank of England in London, Britain, August 3, 2023. Alastair Grant/Pool via REUTERS Acquire Licensing RightsLONDON, Sept 20 (Reuters Breakingviews) - Bank of England Governor Andrew Bailey finally got some good news on Wednesday. UK annual inflation fell to 6.7% in August, from 6.8% in July, confounding market expectations of a rise to 7%. Domestic disinflationary forces offset a nearly 30% rise in oil prices to bring headline inflation to the lowest level since February 2022. Higher petrol prices did add around 0.3 percentage points to the consumer price index, according to Capital Economics.

Persons: Bank of England Andrew Bailey, Alastair Grant, Andrew Bailey, disinflation, Francesco Guerrera, Bernie Sanders’s, Neil Unmack, Streisand Neto Organizations: Bank of England, Monetary, REUTERS Acquire, Reuters, Capital Economics, CPI, Thomson Locations: London, Britain

☆ Op-ed: FTC's crackdown against Amazon is necessary for long-term innovation, startup investor argues
▼ + stars: | 2023-09-19 | by ( Bradley Tusk | ) www.cnbc.com time to read: +5 min

The howls will begin the minute the FTC's lawsuit against Amazon hits the clerk's desk. What you don't see on that list is anything that could attempt to compete with Amazon or Meta or Apple or Microsoft or Google . Whenever we look at a startup that would directly compete with a company like Amazon, the answer to the second question is always, "yes, definitely." I think Amazon is a great company. Luckily, as these earlier giants started to falter, companies like Apple and Microsoft took off, and companies like Google, Amazon and Meta came along.

Persons: Lina Khan, Khan, I'm, we're, Bernie Sanders, it's, there's, Bradley Tusk Organizations: Yale Law, Amazon, FTC, Tusk Venture Partners, Apple, Microsoft, IBM, GE, Google, Meta, Department of Justice Locations: Larchmont , New York, Alma, Manhattan

☆ Bernie Sanders’s push for four-day weeks has merit
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

Senator Bernie Sanders speaks to the crowd as United Auto Workers President Shawn Fain and UAW Region 1 Director LaShawn English listen during a rally in support of striking UAW members in Detroit, Michigan, U.S., September 15, 2023. The United Auto Workers on Friday began strikes at Detroit carmakers Ford Motor (F.N), General Motors (GM.N) and Stellantis (STLAM.MI). Sanders voiced enthusiasm for their biggest demand: moving to a four-day workweek while maintaining five-day pay. UAW members pushed for this policy in the middle of the last century during a prior wave of automation. With artificial intelligence poised to reshape white-collar jobs, more workers might come to see things Sanders’s way.

Persons: Bernie Sanders, Shawn Fain, Rebecca Cook, Sanders, Jim Farley, Jonathan Guilford, Lauren Silva Laughlin, Sharon Lam Organizations: United Auto Workers, UAW, REUTERS, Reuters, Friday, Detroit, Ford, General Motors, X, Thomson Locations: Detroit , Michigan, U.S

☆ Stellantis could close 18 facilities under UAW deal — here are the full details of its latest offer
▼ + stars: | 2023-09-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

Stellantis said the facility would "continue to be our North American headquarters and North America technical center." It's not guaranteed the facilities would close under a labor deal; however, Stellantis is required to include potential closures or sales of any location where a UAW member works, a company source said. Stellantis North American Chief Operating Officer Mark Stewart, who is overseeing the UAW talks, said the company needs to "modernize" the Mopar facilities. Stewart, without disclosing details of the plan, described the company's proposal for Belvidere as a "very compelling offer." The Mopar facilities that could close include Atlanta PDC; Boston PDC; Centerline Warehouse & Packaging; Chicago PDC; Marysville PDC; Milwaukee PDC; New York PDC; Orlando PDC; Sherwood PDC; and Warren PDC.

Persons: Bill Pugliano, Stellantis, Jeff Kowalsky, It's, Mark Stewart, Stewart, Rich Boyer, Michael Wayland, Sen, Bernie Sanders, Boyer Organizations: United Auto Workers, UAW, Big, Getty, DETROIT, CNBC, Belvidere Assembly, Plant, Elliott, FCA, Technology Center, Afp, North, Detroit Free Press, Detroit, General Motors, Ford Motor, Cherokee, GM, Ford, CNBC UAW, U.S, Detroit automakers, Atlanta PDC, Boston PDC, Packaging, Chicago PDC, Marysville PDC, Milwaukee PDC, New York PDC, Orlando PDC, Sherwood PDC, Warren PDC Locations: Detroit , Michigan, U.S, Illinois, Belvidere, Indiana, Trenton, Michigan, Detroit, Stellantis, Auburn Hills , Michigan, North America, Arizona, Belvidere Assembly, Belvidere , Illinois, Belvidere —, Warren, Mich, Fishkill , New York, Macon , Georgia

☆ Gas prices are unusually high. Here's why you shouldn't worry
▼ + stars: | 2023-09-18 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Instead, gasoline prices are getting more expensive and are just pennies away from their highest level so far this year. Are rising oil prices another item to add to the list? How high do you think oil prices will go? When you adjust for inflation, oil isn’t that high right now. I think that we are going to see continued high prices for a lot of stuff, including gasoline, but I don’t think we’re gonna see an acceleration in prices.

Persons: David Kelly, Bell, Kelly, it’s, we’re, We’ve, — aren’t, Eva Rothenberg, Sen, Bernie Sanders, CNN’s Jake Tapper, “, ”, Jared, Kay Jewelers, Parija Kavilanz, Virginia Drosos Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Asset Management, Strategic Petroleum Reserve, Federal, UAW, United Auto Workers, General Motors, Ford, Vermont Independent, Signet Jewelers, Signet, Diamonds, Goldman, Global Retailing Conference Locations: New York, Saudi Arabia, Russia, Libya, Ukraine, Gulf of Mexico, United States, Nile

☆ Contract negotiations: UAW strike puts the four-day workweek back in focus
▼ + stars: | 2023-09-17 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

In addition to calling for a 36% pay raise and increased job security, union members want a 32-hour, four-day workweek with no pay cuts. Proposals to shorten the workweek have gained traction in recent years, with the flexibility of pandemic-era remote work fueling many of these calls. The accelerating use of artificial intelligence in the workplace has also pushed some workers to question the necessity of a 40-hour week. Sen. Bernie Sanders has long been a vocal proponent of a shortened workweek. “The question as a nation that we have to ask ourselves is: Who is going to benefit from this productivity?

Persons: Sen, Bernie Sanders, CNN’s Jake Tapper, “, ”, Sanders Organizations: CNN, United Auto Workers, General Motors, Ford, Vermont Independent, UAW, “ Locations: United Kingdom, America, Iceland, United States, Canada

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