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☆ USMNT beats Jamaica to book place in CONCACAF Nations League semifinals
▼ + stars: | 2024-11-19 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —The US men’s national soccer team (USMNT) booked its place in the CONCACAF Nations League semifinals next year with a thrilling 4-2 win over Jamaica in St. Louis, Missouri, on Monday night. The victory secured a 5-2 aggregate win over the Reggae Boyz after a hard fought first leg in Jamaica finished 1-0 to the US last week. Mauricio Pochettino’s side opened up a 3-0 lead in the first half thanks to Christian Pulisic’s brace and Ricardo Pepi’s low strike from outside the box. Demarai Gray pulled a goal back for Jamaica early in the second half, before Timothy Weah extended the US lead to three again just minutes later. “We need to be desperate to arrive to March and to be all together,” he added.

Persons: Mauricio Pochettino’s, Christian, Ricardo Pepi’s, Demarai Gray, Timothy Weah, Gray, “, Pulisic, ”, Mauricio Pochettino, ” Pochettino, ” Mauricio Pochettino, John Dorton, Germain, Pochettino Organizations: CNN, US, soccer, CONCACAF Nations League, Jamaica, Reggae, ESPN, “, Getty, Former Tottenham, Paris Saint Locations: St, Louis , Missouri, Jamaica, Mexico

☆ The ‘Trump dance’ takes the sports world by storm
▼ + stars: | 2024-11-19 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —A dance popularized by President-elect Donald Trump appears to have taken the sporting world by storm, after multiple US athletes across the country brought it out to celebrate plays this weekend. At UFC 309 on Saturday, with Trump in attendance, Jon Jones commemorated retaining his heavyweight title by busting out the dance before acknowledging Trump at ringside. I thought it was a pretty fun dance. “It’s not a political dance. 10) said his 'Trump dance' was 'not a political dance' and was 'just for fun.'

Persons: Donald Trump, Nick Bosa –, –, “, ”, ” Bosa, Bosa, Jon Jones, Trump, Jones, Chris Unger, Za’Darius Smith, Brock Bowers, Calvin Ridley, Bowers, Safid Deen, “ I’ve, Deen, Charley Hull, Louis, Christian Pulisic, Pulisic, “ It’s, ” Pulisic, Jamie Squire, Colin Kaepernick, LeBron James, Scott Jennings, Jessica Tarlov, ‘, ” Tarlov Organizations: CNN, President, YMCA, The, White, San Francisco 49ers, Trump, Niners, Tampa Bay Buccaneers, Bosa, San Francisco Chronicle, NFL, UFC, Detroit Lions, Las Vegas Raiders, Tennessee Titans, USA, Raiders, Pelican, soccer, Jamaica, CONCACAF Nations League, Republican, Fox, Fox News Locations: British, Florida, St, America

☆ Federal jobs are known for their stability. Now they could be in jeopardy as Musk pushes for deep spending cuts.
▼ + stars: | 2024-11-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Tech: We're in the middle of a white-collar recession, and tech workers are shouldering much of it . We're in the middle of a white-collar recession, and tech workers . AdvertisementElon Musk's government efficiency commission has been tasked with cutting government spending, raising questions about the future of millions of jobs. Tech jobs are mired in a recession. White collar hiring is in a huge slump, and tech workers are some of the hardest hit .

Persons: Trump hasn't, Tesla, Chelsea Jia Feng, Madison Hoff, Vivek Ramaswamy, Musk, Alice Tecotzky, John L, Dorman, Allison Robbert, Scott Bessent, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Kevin Warsh, Trump, Goldman Sachs, Morgan Stanley, Natalie Ammari, Uber, Verily, —, Rebecca Zisser, Elon Musk, Bluesky —, Jake Paul's, Netflix's Jake Paul, Mike Tyson, wasn't, Donald Trump's, Satya Nadella, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Google, Trump, Tech, Getty, Elon, Department of Education, Veterans Affairs, Department of Government, Social Security, Medicare, Twitter, Getty Government, Allison, Treasury, BCA Research, Goldman, BI, LinkedIn, Microsoft, China Economic, Security, Walmart Locations: Washington , DC, China, Brazilian, New York, Chicago, London

☆ ‘It’s on him’: Democrats look to Hakeem Jeffries to plot a path to revival
▼ + stars: | 2024-11-19 | by ( Sarah Ferris | Annie Grayer | ) edition.cnn.com time to read: +9 min

In the last Congress, Democrats repeatedly helped Republicans keep the government open and propped up Speaker Mike Johnson when he faced a challenge to his leadership post. He even tapped other senior House Democrats to echo his message to the Biden team, according to another person familiar with the efforts. Still, unlike some in his party, Jeffries is not in despair, according to multiple people familiar with his thinking. But Democrats say Jeffries — alongside Senate Majority Leader Chuck Schumer, who will serve as minority leader in the next Congress — might be the best person to at least try. Internal party sparringOne of Jeffries’ toughest tasks will be keeping Democrats unified on immigration despite the many intraparty divisions.

Persons: Hakeem Jeffries, Jeffries —, Donald Trump, Jeffries, “, ’, Emanuel Cleaver, he’s, ” Jeffries, Mike Johnson, Trump, Rosa DeLauro, Harris, who’ve, Joe Biden, Kamala Harris, overperformed Harris, —, Chuck Schumer, ”, Gregory Meeks, Pramila Jayapal, Jim McGovern, Johnny Cash’s, McGovern, Chip Somodevilla, That’s, That’s James Madison’s, Jeffries didn’t, I’m, Henry Cuellar, ” Cuellar, Cuellar, Gabe Vasquez, Susie Lee of, Scott Peters, Scott Peters of California —, Anna Padilla, Democrats ’, CNN’s Ali, Haley Talbot Organizations: CNN, Democratic Party, House Democratic, Congressional Hispanic Caucus, Progressives, GOP, Capitol, Republicans, Biden, White, Democrats, Democratic, New York Democrat, Progressive, Getty, House Democratic Caucus, Congressional Hispanic, Scott Peters of, Bloomberg Locations: Washington, Yorker, Back, New York, —, Washington ,, New Mexico, Susie Lee of Nevada, Scott Peters of California, Albuquerque , New Mexico

☆ Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
▼ + stars: | 2024-11-19 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation. (Photo by Eric Thayer/Getty Images)Lowe's beat Wall Street's quarterly earnings expectations on Tuesday, as outdoor do-it-yourself projects, the home professional business and stronger online shopping fueled sales. The company updated its full-year guidance on Tuesday, and now expects total sales of between $83 billion to $83.5 billion, higher than its previous forecast for $82.7 billion to $83.2 billion. Lowe's is lapping a year-ago period when the company lowered its outlook and sales tumbled nearly 13% year over year. Home Depot beat Wall Street's sales and earning expectations, yet posted its eighth quarter in a row of declining comparable sales.

Persons: Eric Thayer Organizations: LSEG, Home, Federal Reserve, Wall Locations: ANGELES , CALIFORNIA, Los Angeles , California, Lowe's

☆ Los Angeles leaders move to protect immigrants and LGBTQ students in advance of Trump’s return to the White House
▼ + stars: | 2024-11-19 | by ( Elizabeth Wolfe | Veronica | ) edition.cnn.com time to read: +8 min

Los Angeles CNN —Los Angeles officials on Tuesday moved to cement the city and its schools as sanctuaries for immigrants and LGBTQ youth as the city positions itself to push back strongly against President-elect Donald Trump’s platforms on immigration and gender. The Los Angeles City Council, which represents the second-largest US city, unanimously voted to adopt a “sanctuary city” ordinance that prohibits city resources from being used in immigration enforcement or to cooperate with federal immigration agents, unless required by state law. LGBTQ advocates also fear his presidency will result in wider restrictions on transgender people and rollbacks of protections for other LGBTQ groups. Los Angeles City Council members listen as a man speaks in support of a proposed "sanctuary city" ordinance at City Hall on Tuesday. Teachers and administrators will receive training on how to respond to federal immigration personnel who request information about students and families or who are trying to enter school property.

Persons: Donald Trump’s, Karen Bass, They’ve, Jackie Goldberg, Hydee Feldstein Soto, ” Bass, ”, Gavin Newsom, Trump, Tom Homan, Etienne Laurent, “, Homan, ” Homan, Curren Price, ” Price, Goldberg, stokes, Rocío Rivas, ” Rivas, Brendan Carr Organizations: Los Angeles CNN, Los, Los Angeles City Council, Los Angeles Unified School District, Republican, Trump, Bass, City, Democratic, Los Angeles Police Department, Trump -, Customs, Getty, “ Fox, Friends, Los Angeles Unified, Teachers, Department of Education, CNN, Federal Communications Commission, of Education Locations: Los Angeles, Los, “, Wisconsin

☆ Ukraine says Russia's unstoppable hypersonic missiles had another bad night
▼ + stars: | 2024-11-19 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementUkraine said it destroyed nearly all the hypersonic missiles that Russia fired in a big weekend attack. The Ukrainian military said it destroyed nearly all of the hypersonic missiles Russia launched as part of a massive bombardment over the weekend. The purported success of Ukraine's air defenses during the engagement marks the latest blow to the reputation of Russian hypersonic weapons, which Moscow has touted as highly advanced systems that are basically unstoppable. AdvertisementUkraine has several air-defense systems that it says are capable of taking down Russia's hypersonic missiles, including the French/Italian-made SAMP-T and American-made MIM-104 Patriot battery. The Kiel Institute for the World Economy, a German research institute, notes that data on hypersonic missile interception rates is scarce.

Persons: Vladimir Putin, Gorshkov, SERGEI SUPINSKY, Oleksandr Syrskyi, Syrskyi, Lockheed Martin Organizations: Russia, Russian Ministry of Defense, Russian, NATO, Getty, Kyiv, Kiel Institute Locations: Ukraine, Russia, Moscow, Russian, Kyiv, AFP

☆ I've spent years living overseas. When I returned to the US, my reverse culture shock was so bad I left after 2 months.
▼ + stars: | 2024-11-19 | by ( Lola Méndez | ) www.businessinsider.com time to read: +4 min

AdvertisementI lived abroad for years before returning to the United States for a bit in 2018. I left after two months when struggling with reverse culture shock. I left the United States in September 2015 because I wanted to experience living abroad as an adult. AdvertisementMy mom and sister had been visiting me in Chiang Mai, Thailand, when I ended a long-term relationship with the partner I'd been living with. All of this combined meant I only lasted in the United States for about two months before I returned to Chiang Mai.

Persons: I'd, Chiang, Spencer Platt, John F, Chiang Mai, I've Organizations: Kennedy International Airport, Trump Locations: United States, Chiang Mai, Thailand, Florida, Fort Lauderdale, Spain, Italy, Tallahassee

☆ What is Māori walk hīkoi and why is there a protest on New Zealand parliament in Wellington?
▼ + stars: | 2024-11-19 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —Tens of thousands of people have marched on the New Zealand parliament in Wellington to protest against a bill that critics say strikes at the core of the country’s founding principles and dilutes the rights of Māori people. The traditional peaceful Māori walk, or hīkoi, culminated outside parliament on Tuesday, where protesters implored lawmakers to reject the controversial Treaty Principles Bill that seeks to reinterpret the 184-year-old treaty between British colonizers and hundreds of Māori tribes. “Today is a show of kotahitanga (unity), solidarity and being one as a people and uphold our rights as Indigenous Māori,” marcher Tukukino Royal told Reuters. The Treaty Principles Bill was introduced by David Seymour, leader of the right-wing ACT New Zealand Party, which is a junior coalition partner with the ruling National and New Zealand First parties. Hīkoi leader Eru Kapa-Kingi told the crowd “Māori nation has been born” today and that “Te Tiriti is forever,” RNZ reported.

Persons: marcher Tukukino Royal, Sanka Vidanagama, –, Māori disenfranchisement, David Seymour, Seymour, Te, “, Eru Kapa, Kingi, Tiriti, ” RNZ Organizations: CNN, New, Police, Reuters, Getty, Zealanders, ACT New Zealand Party, New Zealand, Radio New Zealand Locations: New Zealand, Wellington, Zealand’s, AFP, Waitangi, Zealand’s Treaty, Māori, United States, British

☆ Nakisa Bidarian: Meet the man spearheading Jake Paul’s divisive boxing career
▼ + stars: | 2024-11-19 | by ( Don Riddell | Jonny Velasquez | ) edition.cnn.com time to read: +7 min

At the age of 58, 31 years his opponent’s senior and nearly two decades on from his last professional bout, Tyson was clearly a shadow of the heavyweight champion he used to be. “Jake had an ayahuasca session and envisioned this fight (against Tyson) happening,” he told CNN Sport after the fight. Everyone became intimately familiar with the Netflix loading screen after the massive viewership to watch the streaming platform’s first-ever live boxing bout crashed the server. Paul (left) and Tyson fight at AT&T Stadium in Arlington, Texas. Third was giving young boxers a platform.”Nakisa Bidarian (center) stands between Tyson and Paul ahead of last week's fight.

Persons: “, Jake Paul, Mike Tyson, Nakisa, ”, Paul, YouTuber, Tyson, Bidarian, “ Jake, Jake Paul –, Alpha –, Al Bello, “ There’s, Mike Tyson’s, Roy Jones, ” Bidarian, Jake, ” Paul, Nate Robinson, Amanda Serrano, Ronda Rousey, Amanda, Brett Carlsen, Jutta Leerdam –, he’s, …, Serrano, Katie Taylor, Taylor, ” Serrano, Sarah Stier, “ Amanda Serrano Organizations: CNN, T, CNN Sport, Netflix, NBA, Madison Square Garden Locations: Arlington , Texas, Las Vegas, Ronda, Texas

☆ Cher says Sonny Bono secretly rewrote her business contracts, trapping her in 'involuntary servitude': 'I had no way to make any money'
▼ + stars: | 2024-11-19 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +5 min

AdvertisementCher and Sonny Bono costarred on "The Sonny & Cher Comedy Hour" when they were married in the '70s. In her new memoir, Cher writes that Bono "secretly designed" her contracts so she earned nothing. With their hit CBS show "The Sonny & Cher Comedy Hour," which premiered in 1971, husband-and-wife entertaining duo Sonny and Cher had become "the unlikely darlings of prime time." But behind the scenes, Cher writes in her new book, "The Memoir: Part One," Bono had become increasingly controlling. Sonny Bono and Cher with their son in 1973.

Persons: Sonny Bono costarred, Sonny, Cher, Bono, Sonny Bono, Frank Edwards, David Geffen, I'd, Geffen, she'd, Irwin Spiegel, David, he'd, Fred Silverman, CBS's, Cher's, Chaz Organizations: Cher Enterprises, CBS, Fotos, Getty

☆ Conclave: How realistic is the movie which lifts a lid on how a pope is elected?
▼ + stars: | 2024-11-19 | by ( Christopher Lamb | ) edition.cnn.com time to read: +7 min

CNN —This has been a blockbuster election year politically, so it’s fitting that a new movie shines a light on an ancient and highly secretive voting process: the selection of a new pope. Brían F. O'Byrne as Cardinal O'Malley (L) and Ralph Fiennes as Cardinal Lawrence (R) in the movie "Conclave." They cast them in the Sistine Chapel, in front of the awe-inspiring sight of Michelangelo’s “Last Judgment,” writing their choices on paper ballots that are then burnt after being counted. The crowd waiting outside is informed that a pope has been elected when the chimney above the Sistine Chapel billows out white smoke. White smoke emerged from the chimney on the Sistine Chapel when a new pope was elected on March 13, 2013.

Persons: ”, Edward Berger, Ralph Fiennes, Stanley Tucci, Isabella Rossellini, John Lithgow, Robert Harris, F, O'Byrne, Cardinal O'Malley, Cardinal Lawrence, Bishop Robert Barron, egotism, Fiennes ’, Pope Francis, Steven P, Millies, Bernardin, “, Joe Raedle, Harris, Cormac Murphy O’Connor, Peter Straughan, Tom Reese Organizations: CNN, Roman Catholic Church, Fire Catholic, Bernardin Center, Catholic Theological Union, Jesuit Locations: British, Central, Chicago, Washington ,

☆ 89% of Americans say they do not consider themselves wealthy — here's what stands in the way
▼ + stars: | 2024-11-19 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

High home prices and higher mortgage rates along with low inventory have put ownership just out of reach for many households. Jose Luis Pelaez Inc | Digitalvision | Getty ImagesAlthough vacationing has also gotten more expensive, Americans are still determined to travel. Rising debt is another threat to wealthAt the same time, rising consumer debt has weighed on household balance sheets. Nearly half, 44%, of Americans said credit card debt is the biggest threat to their ability to build wealth, according to a separate report by Edelman Financial Engines. "That stands in the way of people building actual wealth and therefore feeling wealthier," she said.

Persons: —, Freddie Mac, Jose Luis Pelaez, Jean Chatzky Organizations: Jose Luis Pelaez Inc, Deloitte, Edelman Financial, Federal Reserve Bank of New, CNBC Locations: Federal Reserve Bank of New York

☆ Trump's picks are giving Big Tech plenty of reasons to be nervous
▼ + stars: | 2024-11-19 | by ( Grace Eliza Goodwin | Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

AdvertisementDonald Trump has selected several Big Tech critics for top roles in his second administration. A number of his picks have been harsh critics of the Big Tech industry. Tom Williams/CQ Roll CallTrump's pick for attorney general, former Florida Rep. Matt Gaetz, has for years criticized Big Tech companies. Anna MoneymakerVice President-elect JD Vance cut his teeth in venture capital, and has long been a proponent for breaking up Big Tech. AdvertisementVance said that his experience in Silicon Valley taught him to be weary of Big Tech.

Persons: Donald Trump, Matt Gaetz, JD Vance, Elon Musk, Brendan Carr, Trump's, Trump, Brendan Carr Trump, Tom Williams, Carr, Elon, Musk's, Matt Gaetz Trump, Gaetz, Lina Khan, Jonathan Kanter, Elon Musk Elon, Marc Piasecki, Musk, donald, Biden, Tim Cook, X, Anna Moneymaker, Vance, we're Organizations: Big Tech, Trump, GOP, Google, Apple, Microsoft, Federal Communications Commission, Inc, Getty, Heritage, FCC, TikTok, United, Florida Rep, Federal Trade, Elon, Government, of Government, SpaceX, OpenAI, Bloomberg News Locations: Starlink, Florida, Silicon Valley, Trump

☆ New Vogue exhibition on runway shows reveals how this humble walkway changed fashion forever
▼ + stars: | 2024-11-19 | by ( Leah Dolan | ) edition.cnn.com time to read: +8 min

And if you did miss them, both these revolutionary runways are part of a new London exhibition, “Vogue: Inventing the Runway,” at the Lightroom. Projected onto the venue’s 39-foot-high walls, a mixture of backstage and runway footage transports viewers into the epicenter of fashion history. Alexander McQueen's Spring-Summer 1999 show, featuring a duo of spray-painting robots, has gone down in fashion history. Coco Chanel would watch the her own fashion shows from the mirrored staircase in her apartment building in Paris. The Vogue exhibition at the Lightroom chronicles the history of the runway, using backstage and runway footage to immerse the audience.

Persons: you’re, Alexander McQueen’s, Chanel, ”, Chioma Nnadi, “, Alexander McQueen's, Paul Vicente, John Galliano’s, Margiela, ’ Pont Alexandre III, Saint Laurent’s, Bella Hadid’s, Alex Consani strutting, Pharrell Williams, Louis Vuitton, Julien De Rosa, Charles Fredrick Worth, ” Dr, Kate Strasdin, dressmakers, Lucy, Lady Duff, Gordon, ‘, I’ve, ’ ”, Karl Lagerfeld, David Fisher, ” Strasdin, Gabrielle “ Coco ” Chanel, tucking, — Marie, Kate, Ashley Olsen’s, Coco Chanel, Karl Lagerfeld’s, “ Voss, Anna Wintour’s, Justin Sutcliffe, McQueen, Dior —, Nnadi, It’s Organizations: London CNN, Vogue, British Vogue, Getty, England’s Falmouth University, CNN, “ Locations: ”, British, Saint, Paris, Pont, Pont Neuf, AFP, Worth, New York

☆ Being aerobically fit in middle age may reduce Alzheimer’s and dementia risk, study says
▼ + stars: | 2024-11-19 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

CNN —Doing more aerobic exercise in middle age and old age may reduce the risk of dementia, including Alzheimer’s disease, a new study found. Without effort, however, cardiorespiratory fitness declines as people age. “This study found a dose-dependent — meaning more was better — effect of exercise fitness on several critical types of cognitive performance,” Isaacson said. Biking, running, jogging, swimming, hiking and briskly walking can all improve cardiorespiratory fitness, experts say. The study showed that people with high cardiorespiratory fitness were more likely to take care of themselves, and therefore protect the heart-brain connection.

Persons: ”, Weili Xu, ” Xu, Richard Isaacson, “ I’ve, ” Isaacson, Dr, Valentin Fuster, Fuster, ” Fuster, “ Organizations: CNN, Aging Research, Karolinska Institute, American Heart Association, British, of Sports Medicine, Mount, Hospital, Mount Sinai, Heart Federation, Cleveland Clinic Locations: Stockholm, Florida, Mount Sinai, Mount, New York City

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers: Russia and the U.S. The pan-European Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 points — its lowest level since August. The declines come after Russian President Vladimir Putin amended Russia's nuclear doctrine that outlines the conditions that would prompt Moscow to deploy its nuclear arsenal, Russian state news agency Tass reported Tuesday. In currency markets, the Japanese yen rose 0.7% and 0.36% against the euro and U.S. dollar respectively at 12:26 a.m. London time.

Persons: Vladimir Putin, Dmitry Peskov, USDJPY, Wells, Erik Nelson, Putin, Tiffany McGhee, CNBC's, Ice Brent Organizations: Valdai, Getty, U.S, Dow Jones, Nasdaq, Russian Federation, NBC News, Swiss, CNBC, U.S ., NATO, White, Kremlin, Russian Defense Ministry, Kyiv, NBC, Ukrainian, Staff of, Armed Forces, Ice Locations: Moscow, Russia, London, U.S, Republic of Belarus, Russian, Ukraine, Kyiv, Soviet, Bryansk, America

☆ Starship flight 6 launch: SpaceX to attempt rocket booster landing at ‘Mechazilla’ tower
▼ + stars: | 2024-11-19 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

The two-stage megarocket — which features the Starship spacecraft stacked atop the Super Heavy booster — will attempt liftoff during a 30-minute window that opens at 5 p.m. If the test flight team deems conditions are favorable for a landing attempt, booster touchdown should occur about seven minutes after launch. Joe Skipper/ReutersThe Starship spacecraft, meanwhile, will fire up its own six engines before entering a coasting phase as it soars through space. During the fourth integrated Starship test flight in early June, the spacecraft endured significant damage. “In 2025, SpaceX plans to undertake a long-duration flight test and a propellant transfer flight test,” according to a recent report from NASA’s Office of the Inspector General, or OIG.

Persons: CNN —, Sergio Flores, “ chopsticks, ”, “, Elon Musk, SpaceX's, Joe Skipper, ” Musk, Artemis III Organizations: CNN, SpaceX, Super, Federal Aviation Administration, FAA, Getty, Starship, NASA’s Locations: Brownsville , Texas, Starbase, AFP

☆ SpaceX launches Starship’s fourth flight of the year, splashes down booster instead of catching it
▼ + stars: | 2024-11-19 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle's development. There are not any people on board the Starship flight. Sergio Flores | Afp | Getty ImagesSpaceX has flown the full Starship rocket system on five spaceflight tests so far since April 2023, at a steadily increasing cadence. The Starship system is designed to be fully reusable and aims to become a new method of flying cargo and people beyond Earth. Fully stacked on the Super Heavy booster, Starship stands 397 feet tall and is about 30 feet in diameter.

Persons: SpaceX's, Joe Skipper, Elon Musk's, Donald Trump, Trump, Sergio Flores, Musk Organizations: SpaceX, Boca, Reuters Starship, Afp, Getty, Federal Aviation Administration, Super Locations: Brownsville , Texas, U.S, Florida

☆ A bumper crop of art is hitting the New York auction market. Will Trump help?
▼ + stars: | 2024-11-19 | by ( Auzinea Bacon | John Towfighi | ) edition.cnn.com time to read: +6 min

Art on the auction blockA little more than half of Phillips, Christie’s and Sotheby’s sales — which will carry the three aforementioned art pieces — were based in New York, where 34 of the top 50 auction lots were sold in 2023, according to an Art Basel and UBS Art Market Report. Christie’s is auctioning 689 lots this week as part of the November art auctions. But Todd Levin of Levin Art Group was skeptical that tax cuts would do much for the art market. Interest ratesAnother drag on the art market over the last few years: high interest rates. A signal for what’s to comeNew York’s art auctions in the spring and fall could be a sign of things to come for the global art market, according to Woodham.

Persons: Maurizio Cattelan’s, ”, Andy Warhol’s “, Rene Magritte’s “, Sotheby’s, Phillips, Merrill Lynch, Donald Trump, Alex Glauber, ” Glauber, Christie’s, René Magritte, Marc Porter, Hiroko Masuike, Trump, bode, Todd Levin, “ It’s, Doug Woodham, —, Fernando Botero's, Kena Batancur, Glauber, Amy Whitaker, ’, ” Whitaker Organizations: New, New York CNN, Andy Warhol’s “ New York Skyscrapers, of, Christie’s, Association of Professional Art Advisors, CNN, Art Basel, UBS Art, New York Times, UBS Survey, Global, Trump White, Levin Art, Federal Reserve, Trump, NYU Steinhardt Locations: New York, Belgian, Christie’s Americas, Woodham, AFP, Miami

☆ Corporate borrowing is on a roll. Goldman's debt financing head breaks down the trends.
▼ + stars: | 2024-11-19 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +7 min

The return of DCM activity signals that borrowers are gearing up for corporate dealmaking to return. Goldman's global head of financing broke down the trends in an interview with BI. On Wall Street, corporate borrowing is on a roll. Many of those clients are large companies or organizations being advised by Goldman's investment bankers, which means the DCM business is directly reliant on deal flow. AdvertisementGoldman CEO David Solomon ran Goldman's leveraged finance group before taking over its financing business, including debt and equity capital markets and derivatives.

Persons: Goldman Sachs, Donald Trump, Vivek Bantwal, Bantwal, We've, we've, Goldman, David Solomon, David Solomon Jeenah Moon, Denis Coleman, refinancings, weren't Organizations: University of Pennsylvania's Wharton School, Getty, Underwriters, Wall, Bloomberg, Getty Images Goldman, Goldman, Blue

☆ German powerhouse Thyssenkrupp books $1 billion impairment on struggling steel unit
▼ + stars: | 2024-11-19 | by ( April Roach | ) www.cnbc.com time to read: +1 min

A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. Germany's Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the industrial powerhouse flagged "gloomy volume" expectations and structural challenges in the sector. The firm said its net loss of 1.5 billion euros in the fiscal year ending Sept. 30 — after deducting minority interest — was mainly due to asset impairments totaling around 1.2 billion euros, of which 1 billion euros were undertaken by its Steel Europe division. "In respect of our main strategic issues, the current fiscal year will be a year of decisions – especially for Steel Europe and Marine Systems," CEO Miguel Lopez said in the firm's Tuesday statement. "In parallel, we are seeking to further improve the performance of all our businesses and better leverage the opportunities presented by the green transformation."

Persons: Ying Tang, Germany's Thyssenkrupp, —, Miguel Lopez Organizations: Getty, Steel Europe, Marine Systems Locations: Duisburg, Germany

☆ Elon Musk and Vivek Ramaswamy want to 'delete' parts of the US government. It won't be easy.
▼ + stars: | 2024-11-19 | by ( Alice Tecotzky | John L. Dorman | ) www.businessinsider.com time to read: +7 min

AdvertisementElon Musk and Vivek Ramaswamy are set to co-lead the DOGE in President-elect Trump's second term. In their roles as co-leaders of the forthcoming Department of Government Efficiency, Elon Musk and Vivek Ramaswamy have vowed to "delete" government agencies, much like a line of code. "Or does it mean that a different federal agency will assume the responsibilities of collecting income taxes?" Allison Robbert-Pool/Getty Images"The president can't 'delete' departments — or even almost all of government's subunits. Kettl said that any effort to delete the functions of a department is "an even bigger battle" than trying to delete a department itself.

Persons: Elon Musk, Vivek Ramaswamy, Trump's, Ron DeSantis, Kevin Kosar, DOGE's, Ramaswamy, Donald Trump, Mordecai Lee, aren't, haven't, Kosar, Allison Robbert, Donald Kettl, Elaine Kamarck, Bill Clinton, Kamarck, Kettl, Lee, they've, nix, it's Organizations: Republicans, of Government Efficiency, Elon, Florida Gov, American Enterprise Institute, Fox News, Internal Revenue Service, Federal Bureau of Investigations, Alcohol, Firearms, Tobacco, Department of Education, University of Wisconsin -, Trump, Republican, University of Maryland, Brookings Institute, of Education, Farmers, of Agriculture, USDA, Conservative Locations: Florida, University of Wisconsin - Milwaukee

☆ Biden administration approves sending anti-personnel mines to Ukraine in another major policy shift
▼ + stars: | 2024-11-19 | by ( Oren Liebermann | ) edition.cnn.com time to read: +3 min

CNN —The Biden administration has approved sending anti-personnel mines to Ukraine for the first time in another major policy shift, according to two US officials. But until now, the Biden administration had not provided Ukraine with anti-personnel mines over concerns about the enduring danger they may pose. In June 2022 – four months after the start of the war in Ukraine – the Biden administration pledged to limit the use of anti-personnel mines. Kostya Liberov/Libkos/Getty ImagesThe announcement of anti-personnel mines for Ukraine, especially with only weeks left in the Biden administration, is a sudden change on what had been a long-standing policy. Russia has deployed anti-personnel mines and anti-tank mines since the earliest days of the war.

Persons: CNN —, Biden, –, Ukraine –, Trump, Kostya, ” Organizations: CNN, US, Ukrainian, Washington Post, Biden, Russian Locations: Ukraine, Russia, Kyiv, Moscow, Ukrainian, South Korea

☆ RFK Jr. is Trump's pick to lead HHS — here's what he could do with that power
▼ + stars: | 2024-11-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.

Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California

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