DIRS.INFO The most relevant business & tech news

☆ California governor calls special session to protect liberal policies from Trump presidency
▼ + stars: | 2024-11-07 | by ( Associated Press | ) edition.cnn.com time to read: +7 min

Gavin Newsom, a fierce critic of former President Donald Trump, on Thursday called for lawmakers to convene a special session later this year to safeguard the state’s progressive policies on climate change, reproductive rights and immigration ahead of another Trump presidency. The move — a day after the former president resoundingly defeated Vice President Kamala Harris in the presidential race — effectively reignited California’s resistance campaign against conservative policies that state Democratic leaders started during the first Trump administration. California’s move is part of a growing discussion among Democratic state officials across the country seeking to protect policies that face threats under Trump’s leadership. Newsom and Democratic lawmakers said they are acting now to shield the state’s policies that have made it a leader in the nation. “He wants to be seen as a political revivalist, and so that puts him front and center,” McCuan said.

Persons: —, Gavin Newsom, Donald Trump, Trump, resoundingly, Kamala Harris, ” Newsom, “ Trump, California’s, Kathy Hochul, Letitia James, ” Hochul, Hochul, Maura Healey, Andrea Campbell, JB Pritzker, ” Pritzker, Newsom, “, Harris, Pro Tempore Mike McGuire, Rob Bonta, Trump’s, David McCuan, won’t, ” McCuan Organizations: Democratic, Associated Press, Republican, Senate, Gov, Trump, ”, Illinois Gov, White House, Pro Tempore, America, State, White, Sonoma State University Locations: Sacramento, California, New York, State, New, Massachusetts, Chicago, Illinois, ” California, America, Southern California, U.S

☆ How data-driven solutions are helping employers combat the rising costs of diabetes
▼ + stars: | 2024-11-07 | by ( Sponsored Unitedhealthcare | ) www.businessinsider.com time to read: +7 min

Employers can use health data to offer personalized support for employees with type 2 diabetes. "It's a growing epidemic," said Dr. Donna O'Shea, chief medical officer of population health, UnitedHealthcare. These stark differences emphasize the crucial role of data in helping employers support the health of their workforce. That leads to more targeted, precise and customized interventions for diabetes care, and in turn, healthier, more productive employees and lower health care costs," Kurtzweil said. Learn more about Level2's role in supporting safe and effective diabetes care.

Persons: Donna O'Shea, Craig Kurtzweil, Kurtzweil, Level2, O'Shea Organizations: Diabetes, American Diabetes Association, Health Action, UnitedHealth, Insider Studios Locations: –, UnitedHealthcare, New York, America

☆ Big Tech CEOs send well wishes to Trump
▼ + stars: | 2024-11-06 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

Trump’s win came about with the help of Musk and his wealthy tech friends including investors Peter Thiel and David Sacks. They boosted Trump with financial contributions, fundraising help and public endorsements on subjects such as the economy and deregulation. Few other major tech executives publicly endorsed in the presidential race, though some of them made vague comments praising one or the other candidate. Trump has a complicated history with many tech CEOs. In their social media posts, several tech CEOs used the word “decisive” to describe Trump’s victory and they employed popular buzzwords like “innovation” in an apparent attempt to identify common ground.

Persons: Donald Trump, Elon Musk, Mark Zuckerberg, Tim Cook, Sundar Pichai, Satya Nadella, Sam Altman, Jeff Bezos, Andy Jassy, Trump, ” Zuckerberg, ” Trump, Zuckerberg, —, Musk, Trump’s, Peter Thiel, David Sacks, Bezos, Reid Hoffman, — wouldn’t, ”, bitcoin, Musk’s, Parler, Jeff, Mike Davis, Ivan Raiklin, Cook Organizations: Tech, Trump, titans, Meta, Apple, Microsoft, Amazon, The Washington, Democratic, Trump’s, Pentagon, The Washington Post, III, Trump Tower, Google Locations: Silicon Valley, Butler , Pennsylvania, Tesla, Coinbase, County, State

On Tuesday afternoon, prior to either race being called, when asked what she would do in that scenario, McBride said she would be prepared to push back on another Trump term. McBride said she didn’t want “to downplay the danger that comes with a second Trump administration” for LGBTQ people, but that hope “only makes sense in the face of hardship.”“It has always been in our community’s biggest challenges that we take our most significant steps forward,” she said after voting in Wilmington. In a second Trump administration, she said, the country could see what an advocate in Florida described to her as “a slingshot moment.”“We’re pulled backward, but the force and the pressure of being pulled backwards ultimately propels us to destinations that we’ve not yet been,” she said. Some trans people told NBC News ahead of the election that they had plans to leave their states or even the country should Trump win another term. McBride said she didn’t run to be a spokesperson for any particular community other than her constituents in Delaware.

Persons: Sen, Sarah McBride, Donald Trump, McBride, ”, Trump, “ We’re, AdImpact, “ Organizations: NBC, White House, NBC News, Trump Locations: Delaware, United States, Wilmington, Florida

Attorney General Merrick Garland speaks at the Justice Department on Sept. 27. Chip Somodevilla / Getty ImagesHow Trump’s legal jeopardy has unfolded over the past year, in terms of both the criminal charges and his sweeping election victory, is unprecedented. The immediate goal of Trump’s legal team is to get that postponed indefinitely or otherwise dismissed. The Georgia election interference case against Trump remains tied up on appeals over ethical issues surrounding the district attorney. “The American people have re-elected President Trump with an overwhelming mandate to Make America Great Again," Trump Campaign Spokesman Steven Chung said in a statement.

Persons: Donald Trump, can’t, Jack Smith, Trump, —, “, ”, Chuck Rosenberg, General Merrick Garland, Chip Somodevilla, Smith, Trump’s, Steven Chung, ‘, ’, Richard Nixon, Joyce Vance, he’s, Lester Holt Organizations: NBC, Trump, DOJ, Justice, Justice Department, Washington , D.C, Justice Department’s, FBI Locations: Washington, York, Georgia, Washington ,, United States, U.S

☆ Arizona voters approve ballot measure giving state and local law enforcement greater authority in immigration matters
▼ + stars: | 2024-11-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Ben Kamisar | ) www.nbcnews.com time to read: +2 min

Arizona voters approved a controversial ballot measure that will give state and local law enforcement greater authority to enforce immigration-related laws typically left to the federal government, NBC News projects. The lengthy ballot measure makes a number of changes to state law related to immigration. The measure also requires a court to kick out migrants convicted of illegal entry, allowing state and local law enforcement to deliver them to federal custody. While the ballot measure’s supporters have long argued for the need to make immigration law stricter, Republicans also hoped that the measure could help boost GOP turnout. And Arizona’s controversial attempt to enact stricter immigration laws in 2010 was partially blocked by the Supreme Court in part because the court found that federal immigration law pre-empted much of the legislation.

Persons: Katie Hobbs, Kari Lake, Ruben Gallego Organizations: NBC, Democratic White House, Arizona’s GOP, Democratic Gov, Senate, Democratic Rep, Republicans Locations: Arizona, America, Arizona’s, Texas

☆ Moo-ve over Moo Deng: New baby hippo 'Haggis' challenges for the cuteness crown
▼ + stars: | 2024-11-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

The Edinburgh Zoo launched a cuteness contest between Haggis, its newborn pygmy hippo, and Moo Deng, the adorable mini hippopotamus that became a viral sensation at a Thailand zoo this summer. Moo deng is a type of meatball that means “bouncy pork” in Thai. A two-month-old female pygmy hippo named "Moo Deng" at Khao Kheow Open Zoo in Chonburi, Thailand, on Sept. 16, 2024. “We were wrong to pit Haggis and Moo Deng against each other,” the zoo said in a later post. “There is space in this world for two beautiful pygmy hippo divas and we should celebrate them all.”

Persons: Haggis, Moo Deng, “ Moo Deng, deng, They’re, Moo deng, Deng, Athit Perawongmetha, Gloria, Otto, wee Haggis, “, Moo, ” Organizations: Edinburgh Zoo, Scottish, Zoo, Royal Zoological Society of Scotland Locations: Thailand, Scotland, Thai, Chonburi, Khao, West Africa

Montana voters approved a ballot measure enshrining abortion in the state constitution, NBC News projects, delivering a victory to advocates for reproductive rights in a Western red state. The amendment will not change current law on abortion in Montana: Abortion is legal in the state until fetal viability, around the 23rd or 24th week of pregnancy, backed up by a 1999 ruling by the state Supreme Court. But advocates for the ballot measure wanted to guard against potential changes by the Legislature or state Supreme Court justices in the heavily Republican state. The measure also prevents the government from “penalizing patients, healthcare providers, or anyone who assists in exercising their right to make and carry out voluntary decisions about their pregnancy.”The ballot measure required a simple majority to pass. Nine other states considered constitutional amendments concerning abortion rights in this election: Arizona, Colorado, Florida, Maryland, Missouri, Nebraska, Nevada, New York and South Dakota.

Organizations: NBC News Locations: Montana, ”, “, Arizona , Colorado , Florida , Maryland , Missouri , Nebraska , Nevada , New York, South Dakota

Missouri voters approved a ballot measure enshrining abortion rights in the state constitution, NBC News projects, effectively undoing the state’s near-total abortion ban and delivering a victory to abortion rights activists. In early September, a circuit court judge ruled that the campaign did not meet legal requirements to qualify for the ballot. But the state Supreme Court soon stepped in, reversing that judgment and clearing the way for the amendment to go before voters. Missouri joins a string of red states where voters have acted to expand abortion rights after state legislatures passed bans following the 2022 Dobbs decision. Nine other states considered constitutional amendments concerning abortion rights in this election, including Arizona, Colorado, Florida, Maryland, Montana, Nebraska, Nevada, New York and South Dakota.

Persons: Roe, Wade, Dobbs Organizations: NBC News, U.S, Supreme, Missouri Locations: Missouri, Arizona , Colorado , Florida , Maryland , Montana , Nebraska , Nevada , New York, South Dakota

☆ Minimal: The world’s only Michelin-starred ice cream shop
▼ + stars: | 2024-11-06 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +8 min

Minimal, in the city of Taichung, is the world’s first and only ice cream establishment to receive a Michelin star. One thing was certain — he needed to build his own ice cream shop, a move his colleagues at Sur- fully supported. “Similar to ice cream, it goes through a very complex calculation and planning process to obtain such a state and taste.”Minimal's takeaway ice cream shop sits on the ground floor. MINIMALOn the ground floor is a takeaway ice cream shop offering six whimsical flavors that are continuously updated. “I hope that with Minimal, grown-ups can rediscover the joy of eating ice again – as if it was their first ice cream experience.”Minimal, No.

Persons: ”, “, Wan, Arvin Wan, Angelica morii, Ginger, Arvin Won, ” Wan, qing bing Organizations: CNN, Michelin, Lane Locations: Taichung, Taiwan, Sur, Roselle, Cream, Wan, Meicun Rd, West District, Taichung City

A ballot measure that would have enshrined abortion rights in Florida's constitution failed on Tuesday, NBC News projects, after a political fight that was among the most hotly contested in the state this election cycle. The amendment won majority support from Florida voters, but it needed to cross the 60% threshold to pass under state law. Its defeat is a setback for reproductive rights groups in the red-leaning state and a victory for Republican Gov. Even though the ballot measure failed, the NBC News Exit poll found that 65% of Florida voters said abortion should be legal in all or most cases. Another ballot measure DeSantis opposed, the effort to legalize the use of recreational marijuana in Florida, also failed on Tuesday, NBC News projected.

Persons: Ron DeSantis, Roe, Wade, DeSantis, ”, Jessica Rosenworcel Organizations: NBC News, Republican Gov, DeSantis, U.S, Supreme, American Civil Liberties Union, “, Federal Communications, NBC Locations: Florida, Iowa

☆ Endangered pygmy hippo born in Scottish zoo
▼ + stars: | 2024-11-06 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +2 min

CNN —Her name is as Scottish as it gets, but little Haggis is a long way from her natural home. The first 30 days of Haggis' life are "critical for her development," according to the zoo. RZSSSo the arrival of one of these endangered creatures at Edinburgh Zoo last month has been met with understandable excitement. “Haggis is doing really well so far and it is amazing to see her personality beginning to shine already,” Jonny Appleyard, hoofstock team leader at Edinburgh Zoo, said in a media statement posted online. Appleyard added: “While Thailand’s Moo Deng has become a viral global icon, it is important to remember that pygmy hippos are incredibly rare.

Persons: Haggis, Liberia –, Otto, Gloria, Amara, ” Jonny Appleyard, hoofstock, Moo Deng, Appleyard, Thailand’s Moo Deng Organizations: CNN, International Union for Conservation of, Edinburgh Zoo, London Zoo Locations: Scottish, West Africa, Liberia, Thailand, Thai, Edinburgh

CNN —German Chancellor Olaf Scholz fired his finance minister on Wednesday, leaving the government teetering on the brink of collapse. “The economy cannot wait until after the elections,” Scholz said. Trading barbsThe German chancellor and Lindner criticized each other in separate press conferences on Wednesday. Scholz told reporters “Lindner showed no willingness to implement any of our proposals” and, therefore, “there is no trust basis for any future cooperation” with the outgoing finance minister. The Chancellor also accused the finance minister of being “not about serving the common good but about serving his own clientele and party.” According to Scholz, Lindner will also be dismissed by the country’s President Frank-Walter Steinmeier.

Persons: Olaf Scholz, Scholz, Christian Lindner, “, – Scholz, Lindner, Robert Habeck, Trump, Habeck, Friedrich Merz ’, ” Scholz, Germany’s, Chancellor Gerhard Schroder, Angela Merkel, “ Lindner, Frank, Walter Steinmeier, Alice Weidel Organizations: CNN, Social Democratic Party, Free Democratic Party, Green Party, Lindner’s Free Democratic Party, Greens, Christian Democratic Union, CDU Locations: Germany, Nazi

☆ How to cope with post-Election Day stress
▼ + stars: | 2024-11-06 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

Just as in 2020, now is a good time to pause and analyze your physical and emotional stress. “How we view our stress actually matters to our health,” said Dr. Cynthia Ackrill, a stress management expert and former editor for Contentment magazine, produced by the American Institute of Stress. Deep, slow belly breathing activates the parasympathetic nervous system to counteract stress signs such as an elevated heart rate and a burst of adrenaline. “Everyone needs regular practices to notice when stress is taking hold and a (tool belt) of ways to deal with it. “Because the election hype has been so divisive, it can strain our relationships, especially with those who don’t share our viewpoints,” she said.

Persons: Donald Trump, ”, Cynthia Ackrill, ” Ackrill, Cortland Dahl, Ackrill, “, Don’t, Tania Israel, ” Israel, Israel, Caroline Hopper, ” Hopper Organizations: CNN, House, American Institute of, University of California, “ Media, Citizenship &, The Aspen Institute, Aspen Institute Locations: “, Santa Barbara

☆ Where Harris’ campaign went wrong
▼ + stars: | 2024-11-06 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

It was a moment that encapsulated one of the biggest challenges facing her campaign – which, in the end, proved insurmountable. CNN spoke with over a dozen senior Harris campaign aides both in the Wilmington, Delaware, campaign headquarters and on the ground in the states, as well as multiple volunteers and local elected officials, over the course of the final weeks of the race. Vice President Kamala Harris makes her way to board Air Force Two before departing Dane County Regional Airport in Madison, Wisconsin on September 20. Biden could have taken on a role as steward and elder statesman, rather than a guy the Harris campaign never knew quite what do with. And those tensions manifested from almost the start of this short campaign, in the internal wrangling over who Harris should pick as her running mate.

Persons: Kamala Harris, Biden, ”, Hostin, Harris, didn’t, Joe Biden –, Donald Trump, Mandel Ngan, —, they’d, Liz Cheney, Bill Clinton, Bad Bunny, Arnold Schwarzenegger, ” Sen, Cory Booker, ” Booker, “, I’m, That’s, We’ve, Walz Harris ’, Lady Gaga, “ I’m, Biden hadn’t, Jen O’Malley Dillon, Barack Obama –, David Plouffe, –, Stephanie Cutter, Josh Shapiro, Harris ’, Tony West, Shapiro, Tim Walz, Trump’s, Ohio Sen, JD Vance, Walz, Vincent Alban, Obama, outperforming Harris, he’d, Austin Steele, Cedric Richmond, “ We’ve Organizations: CNN, Republican, Democrat, Democratic, Air Force, Dane County Regional Airport, Getty, Israel, fumed, Democratic Party, Trump, GOP, The New, The New Jersey Democrat, Philadelphia Museum of Art, Barack, Pennsylvania Gov, Pennsylvania, Obama, Minnesota Gov, Reuters, White, Howard University, Howard Locations: Wilmington , Delaware, Dane, Madison , Wisconsin, AFP, Bucks County , Pennsylvania, The, The New Jersey, Canada, American, Wilmington, Philadelphia, Minnesota, West Ellis , Wisconsin, Delaware, North Carolina, Washington ,

☆ Apple deftly navigated Trump's first term. The second one brings new challenges
▼ + stars: | 2024-11-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

The news Trump's decisive victory over Vice President Kamala Harris in the 2024 presidential election comes with varying implications for Apple investors. Apple got exceptions in Trump's first term that muted the impact of tariffs on Apple. Bottom line Apple deftly navigated a first Trump term, but it's way too early to say with certainty what Trump's second term in office will mean for the California tech giant. As for tariffs, Apple has wisely expanded its manufacturing capabilities outside of China in markets like India, and it should continue to do so. In Trump's second term, "Apple is going to need what I call special pleading," Jim Cramer said during the Morning Meeting.

Persons: Donald Trump, Kamala Harris, Trump, Apple —, Apple, Bernstein, Tim Cook, Cook, I've, Hillary Clinton, Rosenblatt, it's, Jim Cramer, they're, Jim, Jim Cramer's, Saul Loeb Organizations: Apple, Big Tech, Bank of America, Justice Department, Management, Nvidia, Microsoft, Club, Trump, Democratic, Rosenblatt, Samsung, DOJ, CNBC, American Workforce Policy, White, AFP, Getty Locations: China, U.S, India, California, Washington , DC

AI regulation is likely to change under Trump, but major antitrust cases are unlikely to be impacted. While on the campaign trail, Trump threatened retribution against some tech companies, including jailing Meta chief Mark Zuckerberg. "That is likely to have devastating consequences for US tech companies that sell in foreign markets as well as crippling domestic consumption." AdvertisementBut still, new guidelines won't have much impact on the biggest tech companies, Hay said. Experts fear that, if H1-Bs are restricted under the second Trump administration, the US could lose its competitive edge on the world stage.

Persons: Donald Trump, —, Trump, Elon, marveling, — Musk, jailing, Mark Zuckerberg, Zuckerberg, Mark Lemley, Lemley, Neil Saunders, Chris Walton, Walton, there's, George Hay, Hay, wouldn't, Kamala Harris, Dan Romanoff, Joe Biden, Anna Rathbun, Biden, Rathbun, James Brundage, Ernst, Saunders, Valerie Wirtschafter, Harris, Romanoff, Wirtschafter Organizations: Trump, Big, Service, SpaceX, Big Tech, jailing Meta, Google, Justice Department, Department, Barclays, Stanford Program, Law, Science & Technology, Retail, Target, Apple, Cornell University, Republicans, Morningstar, AT, Time Warner, Republican, Walmart, Brookings, Artificial Intelligence, Emerging Technology Initiative Locations: Americas

☆ 'Adjourn, adjourn, adjourn' — Trump is expected to use new status as president-elect to delay hush-money sentencing
▼ + stars: | 2024-11-06 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

AdvertisementDonald Trump will use his new status as president-elect in a renewed effort to challenge his upcoming sentencing on his Manhattan hush-money conviction, legal experts predicted Wednesday. A US District Court judge rejected that effort in September, and it remains under appeal by the Second Circuit Court of Appeals. "Any of those tracks can get you to the US Supreme Court pretty fast, if that's his goal," Paradis said. REUTERS/Jane RosenbergA 'unique place in this nation's history'Merchan addressed the unique circumstances of prosecuting, trying, and sentencing Trump in September, when he agreed to delay the sentencing for a second time. "A state judge is now potentially setting himself up to sentence the most powerful federal officer in the world."

Persons: Trump, —, Donald Trump, Stormy Daniels, He's, Charles Solomon, that's, Solomon, Timothy A, Clary, he's, Juan Merchan, Attorney Alvin Bragg, Merchan, — Trump, Michel Paradis, Paradis, Jane Rosenberg, Mark Bederow, Bederow, Todd Blanche, Emil Bove ., it's, Neama Rahmani, Bragg Organizations: BI, Trump, Service, GOP, Reuters, New, Attorney, Second, Appeals, Columbia Law School, Court, Trump v ., New York City, Joint Chiefs, Staff, United States Supreme, West, Trial Locations: NY, New York, Manhattan, United States, Trump v, Trump v . United States, Central Park

☆ The world prepares for a fresh era of tariffs under Trump 2.0
▼ + stars: | 2024-11-06 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

During his first term, Trump imposed tariffs on key industries in both Europe and China. AdvertisementThis time around, analysts told BI that Trump's policies could have a particular impact on Europe. Related storiesEurope is particularly vulnerable to Trump's aggressive trade policies for two main reasons, said Nigel Green, CEO of financial advisory firm deVere Group. AdvertisementDonald Trump met European Commission President Ursula von der Leyen at the World Economic Forum in Davos in 2020. Steven Kennedy, the most senior civil servant in Australia's Treasury department, said Wednesday he expected Trump's tariffs to impact the country's economy.

Persons: Donald Trump's, Trump, —, Donald Trump, Bilal Hafeez, Nigel Green, Green, Morningstar, Trump's, Michael Brown, Ursula von der Leyen, JIM WATSON, Steven Kennedy, Kennedy, Fitch, Latinvex Organizations: Service, European Union, Macro, Economic, of Chicago, Street Journal, deVere, Pharmaceuticals, Morningstar DBRS, Trump, stoke, European, Getty, European Commission, Treasury, News.com.au Locations: Europe, China, Ukraine, Davos, Australasia, Latin America, America, Mexico

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy U.S. states are in financial troubleTwenty-seven U.S. states lack the cash to repay their debts, according to researchers at Truth in Accounting. The debts relate to public pension systems, which provide lifetime benefits to state and local government employees. About $800 billion in federal aid during the pandemic obfuscated the long-term challenges of states. As that extra aid expires economically powerful states are tightening their budgets. That could lead to tax hikes or cuts to public services like education and transportation.

Organizations: Truth

☆ JPMorgan execs call for unity in a memo to staff on Trump's victory
▼ + stars: | 2024-11-06 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

JPMorgan CEO Jamie Dimon congratulated Donald Trump on winning the White House. In a memo to staff, Dimon and other top JPM executives called for "bringing our nation together." On Wednesday, JPMorgan CEO Jamie Dimon weighed in to say the time has come to band together as a nation. In a memo to staff, members of the bank's operating committee, including Dimon, congratulated Trump before recalling Dimon's comments from Election Day about national unity. AdvertisementRead the full contents of the Wednesday memo from JPMorgan's Operating Committee about Trump's victory below.

Persons: Jamie Dimon, Donald Trump, Dimon, —, Donald Trump's, Kamala Harris, Trump, Jamie, Diana Frost, Kraft Heinz, Judith Kent, Harris, Walz, Kent, Goldman Sachs, David Solomon, JD Vance, Ashley Bacon, Jeremy Barnum, Lori Beer, Tim Berry, Mary Erdoes, Wealth Management Stacey Friedman, Teresa Heitsenrether, Marianne Lake, Consumer & Community Banking Robin Leopold ,, Doug Petno, Global Banking Jenn Piepszak, & Investment Bank Daniel Pinto, JPMorgan Chase Troy Rohrbaugh, & Investment Bank Sanoke Viswanathan, Reed Alexander Organizations: White, Service, Wednesday, JPMorgan, Dimon, Wells, Wall Street, Wealth Management, Consumer & Community Banking, Human, Global Banking, & Investment Bank, International Consumer Locations: Wall, United States, Washington ,, Wells Fargo, Michigan

☆ A veteran bond operator shares an alpha-generating strategy for dropping yields and muted stock-market returns
▼ + stars: | 2024-11-06 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

Credit markets face challenges, but opportunities exist in corporate bonds and cheap optionality. But when times are tight, companies deleverage until their debt is less than their cash flow. The yields in corporate bonds aren't much higher than in government bonds, meaning less compensation for more risk. Advertisement"This trade works if natural gas prices remain stable or rise, leading the energy bond to outperform the overall corporate bond market," Rieder said. "It's an excellent opportunity to capitalize on the current tight credit spread conditions and complacency in the overall credit market."

Persons: —, Goldman Sachs, David Kostin, Mark Rieder, Rieder, I've Organizations: Service, Fed, Treasury, Bloomberg, Business

CNN —German Chancellor Olaf Scholz fired his finance minister on Wednesday, leaving the government teetering on the brink of collapse. In a televised address, Scholz said he had dismissed Finance Minister Christian Lindner saying it “was necessary to prevent harm to our country.”The firing came after days of political negotiation between Scholz, Lindner, and Robert Habeck of the Green party, who is both the vice-chancellor and the economics minister. Scholz told the press conference Wednesday that “Lindner showed no willingness to implement any of our proposals” and, therefore, “there is no trust basis for any future cooperation” with the outgoing finance minister. The Chancellor also accused the finance minister of being “not about serving the common good but about serving his own clientele and party.”According to Scholz, Lindner will also be dismissed by the country’s President Frank-Walter Steinmeier. “After the US elections we need to show we can be relied on,” Scholz said, adding that “great financial room for maneuver” is needed given the challenges that Germany faces.

Persons: Olaf Scholz, Scholz, Christian Lindner, “, Lindner, Robert Habeck, “ Lindner, Frank, Walter Steinmeier, ” Scholz Organizations: CNN, Green Locations: Germany

☆ Trump will win second term, CNN projects, in historic comeback after losing four years ago
▼ + stars: | 2024-11-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +27 min

Trump’s supporters see him as a unique figure whose blunt, sometimes vulgar and often racially suggestive rhetoric reveals him as a scourge of political correctness. Austin Steele/CNN Trump supporters hold up posters that read "47" as they attend an election watch party in Chandler, Arizona. Go Nakamura/Reuters Trump supporters cheer at his election night watch party in West Palm Beach. George Walker IV/AP Trump supporters watch election results come in at his election night party at the Palm Beach County Convention Center. Patrick T. Fallon/AFP via Getty Images Trump and his wife, Melania, walk up to the press after voting in Palm Beach, Florida, on Tuesday.

Persons: Donald Trump, Trump, ”, Kamala Harris, Joe Biden’s, Trump’s, he’s, Harris, Jack Smith, Melania, Barron, “, Will Lanzoni, CNN Trump, Ian Maule, Austin Steele, Go Nakamura, Jeff Roberson, Vincent Alban, Chet Strange, Leah Charles, Tianna Adams, George Walker IV, Christian Monterrosa, Shelby Knowles, Jason Bean, Rebecca Blackwell, Leah Millis, Brynn Anderson, Matt York, Paul Kuehnel, David Robert Elliott, Nathan Howard, San Francisco Columbarium, Jeff Chiu, Nicole Craine, Ernesto Benavides, Steven Vandenburgh, Charlie Riedel, Lindsey Wasson, Andres Leighton, Butch Wilmore, Suni Williams, Nick Hague, Don Pettit, Hague, Eva Marie Uzcategui, Matt Slocum, Susan B, Anthony, Lauren Petracca, Richard Burkhart, Ronald Reagan, Chris Pizzello, Rebecca Droke, Jay Janner, Ken Brandon, Charlie Neibergall, Scott Morgan, John Locher, Jordan Dunson, Chris Lachall, Bill Clark, David Goldman, David Dee Delgado, Suzanne Kreiter, Ryan Collerd, Joseph Prezioso, Charles Rex Arbogast, Patrick T, Fallon, Evan Vucci, Nam, Rebecca Cook, Elijah Nouvelage, Ed Jones, Jonathan Drake, Reuters Ohio Sen, JD Vance, Carolyn Kaster, Carlos Berríos Polanco, Skye, Quinn Glabicki, Jose Luis Magana, RJ Sangosti, Robyn Beck, Zach Boyden, Holmes, Mike Stewart, Carlos Osorio, Steven Senne, David Paul Morris, Kayria Hildebran, Jenny Kane, Joe Biden, Craig Hudson, Bing Guan, Scott Olson, Lynne Sladky, Allison Joyce, Megan Varner, Scott Graham, Adam Bettcher, RONDA CHURCHILL, Hillary Clinton, –, Smith, Mostafa Bassim, Vladimir Putin, Trumpism, Mike Pence, Sen, Stephen Maturen, Grover Cleveland Organizations: CNN, Washington, Trump, GOP, Republican Party, Capitol, ” Overseas, Howard University, CNN Trump, Reuters Trump, West Palm Beach, Republican, Reuters, Carolina, AP Trump, Convention, Center, Bloomberg, Getty, Empire, People, Reno Gazette, USA, Florida's, AP Observers, Spelman College, AP, York Hospital, Kansas City Urban Youth Academy, New York Times, CNN Howard University, San Francisco, AP Voters, NASA, Space, Mount Hope, Savannah Morning, Voters, Ronald Reagan Presidential, Austin American, Statesman, Hartford Memorial Baptist Church, Honda, Allegiant, Las Vegas Raiders, First Presbyterian Church, City, Inc, First Presbyterian, of, Boston Globe, Getty Images Trump, College Park ,, Getty Images Workers, Sipa, US, Denver Post, City of, Reuters Voters, City Hall, Atlanta's, Museum of Art, Pisgah Baptist, Secret Service, Republicans, Justice Department, White, Police, Anadolu Agency, NATO, Hezbollah, House, Herb Brooks National Hockey Center Locations: Lago, America, Wisconsin, Georgia, Pennsylvania, North Carolina, ”, West Palm Beach , Florida, Las Vegas, Washington , DC, Chandler , Arizona, West Palm Beach, West Palm, Pewaukee , Wisconsin, Denver, Greensboro , North Carolina, Beach, Fulton, Fairburn , Georgia, New York, Reno , Nevada, St . Petersburg , Florida, Philadelphia, Atlanta, Phoenix, York , Pennsylvania, Kansas City , Missouri, Waleska , Georgia, Navajo, Kayenta , Arizona, AFP, Lawrence , Kansas, Seattle, Chinle , Arizona, West Chester , Pennsylvania, Rochester , New York, Garden City , Georgia, Savannah, Simi Valley , California, Pittsburgh, Austin , Texas, Hartford, Detroit, Omaha , Nebraska, Savannah , Georgia, Camden , New Jersey, San Francisco, Alexandria , Virginia, of Dearborn , Michigan, Boston, Lancaster , New Hampshire, Chicago, Palm Beach , Florida, College Park, College Park , Georgia, Leicester , North Carolina, Reuters Ohio, Cincinnati, Dearborn , Michigan, Caguas , Puerto Rico, Springfield , Pennsylvania, Dixville, New Hampshire, City, City of Industry , California, Des Moines , Iowa, Charlotte , North Carolina, Grand Rapids , Michigan, Providence , Rhode Island, Henderson , Nevada, Bronx, Portland , Oregon, Oregon, New Castle , Delaware, Pisgah, Pisgah Baptist Church, Brooklyn, Kenosha , Wisconsin, Miami, Wilmington , North Carolina, Minneapolis, United States, Manhattan, Butler , Pennsylvania, Ohio, Washington, Florida, British, Ukraine, Europe, Taiwan, Israel, Gaza, Lebanon, Iran, Afghanistan, St Cloud , Minnesota

☆ I forced my kids to go on a 70-mile hike with me in California. It taught them what they're capable of.
▼ + stars: | 2024-11-06 | by ( Wendy Altschuler | ) www.businessinsider.com time to read: +6 min

Wendy Altschuler brought her three sons on a 70-mile hike along California's John Muir Trail. Her oldest son put his first aid course to good use while helping his little brother. On our JMT backpacking trip, we cooked meals together, filtered and treated water, set up our tents, and marveled over the day's explorations. Altschuler's oldest son caught, gutted, and cooked a fish. Wendy AltschulerLessons learnedIn the backcountry, after a long time spent casting and hoping, my oldest son caught, gutted, and cooked a fish.

Persons: Wendy Altschuler, John, —, California's John Muir, you've, Conan O'Brien Organizations: Service Locations: John Muir, California's

Search resuls for: "CHALLENGES"

25 mentions found